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341  Other / Off-topic / Re: Handwork or business in this country as it stands now. on: May 04, 2024, 08:18:45 AM
This topic should be more suited in the economic board, you can do well to move it there, also you didn't tell us the country that you're referring to.

Handworks being skills and businesses are both sources of income generation, and they're both very important in any economy to provide goods and services to the people. The major difference between them is that in most cases, starting and running a business requires more money than  rendering services with acquired skills, also it's easier to become rich in a thriving business than in a handwork or skill, because businesses reaches out to more customers then skills which deals only with a client at a time. Although if two individuals that don't have capital, one is going into business and the other is going into skills acquisition, the one that learned a skill will be more successful, because he doesn't need much capital to establish, while the other that chooses business will be struggling to sustain his business.

342  Alternate cryptocurrencies / Altcoin Discussion / Re: $5k Shiba Inu vs NEAR on: May 04, 2024, 07:19:42 AM
I'm probably more inclined towards Shiba than NEAR. I feel that the fluctuations on Shiba may be better than those on NEAR. Additionally, I am more familiar with SHIBA than NEAR. However, if you feel that both coins promise big profits, then it would be better to invest 50/50, or perhaps I would also take the 70/30 suggestion if I believe one of them has greater potential without giving up the other coin .
Compering the two, I think that Shiba Inu is more popular than Near, and despite that Near might have more utility than Shiba Inu, it'll still be many investors preference because it's a top memecoin. Apart from Bitcoin and a few top altcoins, other altcoins are quite risky to put money in, so like other commentors, I'll advise that he divides his money to buy the two, instead of one, so he'll minimize his risks, or invest more in the one that he feels more bullish on. Remember to invest the amount that you can afford to loose in altcoins.
343  Local / Nigeria (Naija) / Re: Do Not Pressure Anyone Around You To Invest In Bitcoin. on: May 03, 2024, 05:52:04 PM
No be lie, nobody suppose to force or pressure another person to invest in Bitcoin, even if im get di best intentions for di person wey im de tell. You fit to force a horse to the stream but you no fit to force am to drink water from di stream, so you fit to tell your trusted friends about di investment but e suppose be dem choice to decide weda dem wan go ahead with Bitcoin matter or not.

Nobody know am finish, you sabi Bitcoin investment, but e fit to get anoda investment wey de legit and wey de beta pass Bitcoin, and if person de preach dat investment to us, we fit no listen, unto say we don reason say na Bitcoin be di ultimate.
344  Alternate cryptocurrencies / Altcoin Discussion / Re: Solana price predictions and developement? on: May 03, 2024, 03:52:57 PM
Whoever invests in Solana is aiming for profit. Blockchain has proven to have serious problems in the event of high demand, and it can be almost impossible to broadcast your transaction. However, there is still demand, which means that we may see $1,000 over the next year, but $7,000 is extremely exaggerated and may not absolutely reach this price.
I believe that Solana, will be the most sought after altcoin in this coming bull run, it's gaining so much attention and popularity because of the many activities in it's network, investors are also interested in the tokens in it's network. Despite any issues in their Blockchain, which is due to the high demands in their network, people still have trust in them.

As for it's price reaching $7000 in a new ATH in the bull season, we all know that either the OP is exergeratinng or he meant to say $700, however the bull run goes, I'm quite positive that Solana, will make it's investors richer.
345  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Over the next months meme coin investors will get most rich on: May 03, 2024, 01:44:21 PM
Memecoins investors can get rich and become millionaires there's no doubt about that, some people consider meme projects as get rich quick schemes. But the problem is what percentage of meme investors that gets rich through it? If they're 50% then it's risky business, if they're lesser than that, then it's a gamble, so the question that anybody that's going into memecoins should ask themselves is if they have what takes to invest in the meme space. Whatever the answer, I'll advise anybody to invest the amount that they can afford to loose. You can not compare memecoins to Bitcoin that is a store of value, memes are hype, pump and dump, get in early and exit early or be scammed.
346  Economy / Speculation / Re: BTC Sentiment Poll for May on: May 03, 2024, 12:01:22 PM
Almost every prediction about April was wrong because people were too optimistic about the halving and this time I believe people will start to get scared and lower their expectations instead of remaining bullish about the price increase this month. Personally, I don't believe in what the charts show because not only can we do technical analysis but market makers, whales can even create such things. I think how bitcoin will move is entirely dependent on crowd psychology.
If the crowd continues to be bullish, bitcoin's recovery and growth won't happen anytime soon, but if the crowd gradually starts to get scared and stops being bullish, that's when bitcoin will skyrocket.
People were really bullish about Bitcoin price speculation for the month of April, because they were thinking that the post halving will affect price positively, especially the newbies, but we're currently withnessing the opposite, this current dip will not give them the optimism to perhaps aim for anything close to seeing a price surge of up to $75k. I wouldn't speculate to seeing a price surge to that amount, but then this is the crypto market, it's the demand and supply of Bitcoin that'll make the final decision. We're entering bull season so I'm optimistic about price surge but I don't think that it'll start this month.
347  Economy / Trading Discussion / Re: In order to reach your target, don't rush! on: May 03, 2024, 10:40:09 AM
The phrase that in order to reach your target that you shouldn't rush is true but it doesn't apply in every decisions and businesses, because it's also said that delay can be dangerous, so there's some kind of businesses can give you the liberty of waiting, while others requires quick decisions. In crypto trading I guess that waiting and not rushing to enter a trade can be rewarding, because the market is volatile and it's not easy to speculate price, but there are some businesses that if you're not able to make quick decisions, someone else will and you'll be at lose. I think that the kind of business or situation that a person is in will determine if they need quick or slow decisions.
348  Other / Politics & Society / Re: Education and the development of skills on: May 03, 2024, 09:11:42 AM
Though both are highly useful, I believe that education is more important than skill acquisition. What do you think about this in today's world, and which would you let your brother, sister, or kids to pursue?
Education and skills acquisitions have one thing in common, they're both achieved by learning, one is in the four walls of a classroom, the other can be anywhere online or offline. They're both very important, education is a basic foundation for everybody, you need to be educated to learn how to read and write, broaden your view on general studies and in tertiary education, you'll understand very deeply about the concepts of your course, education gives you more opportunities to work in established companies. Skills acquisition makes a person to become a professional in their chosen field of work, and people who acquired skills can easily become self employed than very educated people who will be looking for white collar jobs.

Due to the high rate of unemployment in many countries, I think that if a person can get the least basic education, then skills acquisitions is better, because he can become self employed.
349  Other / Beginners & Help / Re: Is Satoshi app legit or scam? on: May 03, 2024, 08:01:02 AM
Has anyone come encounter this Satoshi app that offers Free airdrop to users? A friend of my introduce me to this platform for some months now, so I will like to know if the satoshi app is legit or a scam?

This question puzzle in my heart but haven't tender it here, I have entered a friend intending to lure me into participating on this app airdrop which I resist most time but want to use this medium this link is what he refer me as the Satoshi app, https://www.satoshiapp.xyz/en base on my experience I found it difficult to identify the real app for Satoshi I stand to be corrected if my question see repeated, I here to learn what I don't know whoever that knows the real app of Satoshi should help with the link.
Your question is very valid, although I don't know if what you're showing is the real Satoshi, app, but it's very important to verify anything online before involving in it because of the handiwork of scammers. They'll just copy the real app, make a slight change and put it on social media, impersonating the real app, and unsuspecting victims will download it and be scammed. It's very important to research anything that has to do with online activities, because clicking on an unverified link can expose you to scammers, let's be cautious.
350  Alternate cryptocurrencies / Altcoin Discussion / Re: I'm finding it difficult to login my metamask wallet I need help on: May 03, 2024, 07:05:31 AM
Is working now I think the reason why I was finding it difficult to login is because my wallet version is not updated, so after reading this thread then I decided to update the app to the latest version, and guess what? I'm able to access the wallet now, at first I was thinking that the system has a problem, I never knew is just a minor thing. However I so much appreciate you for your opinion.
It is nice to hear that you were able to solve your problem, since with all the horror stories that we read about hackers stealing money left and right, it is easy to imagine that a technical issue is instead caused by some malicious actors that are trying to steal your money, but fortunately this was not the case for you and you recovered access to your wallet, so from now on make sure that your wallet is updated so this does not happen to you again.
I'm glad that he's able to log into his metamask wallet, knowledge and experience is essential for someone to make right decisions, the problem was just a simple update issue, if he wasn't put through and didn't think of it, he'll never gain access into his wallet. A last option for wallet issues will be to import it and use seed phrase to access the wallet again, but I'm glad that it didn't get to that extent before he found the solution to his problem, knowledge is power.
351  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it time for Litecoin to shine again? on: May 02, 2024, 07:22:49 PM
Litecoin could have another surge in popularity & a buying spree for sure. The fact that it’s still here & functioning as it should be shows its strength. It’s obviously never going to flip Bitcoin but there is definitely a good chance Litecoin pumps hard in the upcoming bull run.
I still consider Litecoin, a top altcoin anyday, it's not a shitcoin, so it's still worth holding, we're experiencing price dip in Bitcoin and altcoins, and when Bitcoin starts to bull and activates altcoins bull run too, we'll hopefully see Litecoin, shine again. People say that Litecoin, is remembered anytime that Bitcoin transaction fees begins to hit the roof, and if Bitcoin transaction fees normalizes, then Litecoin, is relegated again, I think that it might not rival Bitcoin, but if it's dev. team is able to add innovations to it, we might see an ATH in the future.
352  Local / Nigeria (Naija) / Re: Finally we have a localboard moderator on: May 02, 2024, 05:19:03 PM
I salute our oga @Igebotz, for im great efforts for dis our local board, right from di time wey I join dis forum and come de active for dis local board, im follow for di people wey de for di forefront to make sure say our forum de acknowledge quality posts. Moderator of dis forum na work wey im don de tirelessly de do before now, and as e don become official say na him be our moderator, I de very overjoyed, because na quality posts of Bitcoin, altcoins and national news wey de relevant na im we go de see now. You have our maximum support and cooperation my oga.
353  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you taking advantage of this red market? on: May 02, 2024, 03:19:04 PM
Everyone should, but if there's someone who can take advantage of this dip because of having nothing, you need to prepare for it. Who knows if this is the last dip that we have to go through and then the market will be up again for the bull run. There are certain things that we need to prepare for because no one will know if this dip is likely the start of the recovery afterward. We will see if there's a speedy recovery for the market and entirely with it, once BTC recovers, alts will be up too.
Many Bitcoin investors didn't envisage that price will go this dip, and now it's happening, if anyone has the funds to buy now, they don't need to hesitate and hoping that price will dip further, because the market is volatile, you don't know when price will start rallying upward. So the point is that now is a very good time to buy, nobody knows tomorrow, that is why I tell my friends that people that diligently do DCA method, don't worry about price speculations on the short term. Halving has come and gone, and from research I know that bull run will follow, only that we don't know when it'll start, so any dip during bull run build up is a good time to buy Bitcoin.
354  Bitcoin / Bitcoin Discussion / Re: CZ Sentenced, Your Bitcoin in their Custody on: May 02, 2024, 01:43:55 PM
<snip> same way they habe been clamping down of other privacy means in which bitcoiner can use to achieve thier goals, i don't wa t to mention the keyword bit we all know about the recent ban thst took effect since January 1st of this year 2024.
I'm struggling to understand your post. Firstly you put binance in the same bunch as privacy services and go on to talk about the privacy risks of using it. What's happening to Binance has nothing to do with reducing privacy of bitcoin users, it's a criminal investigation.

CZ pleaded guilty to the charges, aided be investigation and binance has greed to pay fines to the tune of $4 billion, hence the lighter sentence.
You're absolutely right, the matter on ground is a crime case, which I believe concerns CZ and Binance, it has nothing to do with hack or the exchange going under, the former CEO was fined heavily and given a very light sentence. I guess he'll serve his time, learn his lessons and count his loses, then move on, who knows maybe he'll come back and take over his job.

I think that the OP was just giving us a reminder about not trusting centralized exchanges, that they can go down anytime and sink with investors funds, not your keys not your coins, it's worth mentioning when we're talking about exchanges and crime.
355  Economy / Economics / Re: BRICS has become eleven countries instead of five. on: May 02, 2024, 12:18:34 PM
I think that the BRICS is basically a formation of countries that wants to break the monopoly of the US dollar, as the recognized currency in international trades, because over the years most of these countries have been outstanding economically and technologically. If they're able to achieve this, then that means they'll reduce the dominance of the dollar internationally, and gradually weaken the US as the world power, only one country can not achieve this, so this BRICS alliance can form the synergy to make it happen. It's good that they're inviting countries who share their visions because there's power in unity, but disunity will be their greatest undoings.
356  Economy / Speculation / Re: Australia speculated to also launch a spot ETF for Bitcoin on: May 02, 2024, 10:44:48 AM
Might want to source a local media outlet given such govt entities don't usually give running commentaries about what they *might* do.  (don't get me wrong - I don't doubt an overseas media outlet is speculating, but that's not the same as if it were announced here in Australia).

Agreed. I will look for this in Australian financial media next time for confirmation. However, the news also began according to Bloomberg which implies that it is only a speculation that Australia might also approve and launch a spot ETF for bitcoin. I will change the title of this thread to indicate that this is only speculation. Also, if you have any news updates on this, please share them in the thread, thank you.
The US SEC approval of Bitcoin ETF has opened the door for any other ETFs, I heard that Hong Kong, SEC, recently approved it's Bitcoin ETF, so I wouldn't be surprised if Australia, follows on the list of approvals. As for new ETF approvals impact on Bitcoin price, I don't know if any will have the effect that it did when the first was approved early this year, where we saw massive price pump that even made us to see a new ATH before halving, I'm saying this because we didn't see any positive impact when Hong Kong, ETF was approved, instead we're seeing further price dip. As for Ethereum ETF, I'm positive that it'll happen sooner or later, because it's a top altcoin, second only to Bitcoin.
357  Other / Politics & Society / Re: Do you think that government can stop Bitcoin? on: May 02, 2024, 09:17:22 AM
We don't have one united government for the whole world, so despite the prejudice that some countries have about Bitcoin, others truly embrace it, that means that Bitcoin can not go into extinction because some people or government don't like it. I know that there's a total ban on Bitcoin in some countries while there's some levels of restrictions and regulations in others, despite these, people are still using it in those countries, because it's decentralized, although they do so at their own risks. The most important thing about Bitcoin is that it's adoption is increasing everyday and more people are seeing it as a store of value, and this movement is what will compel skeptical governments to accept it eventually.
358  Other / Beginners & Help / Re: Buy Bitcoin and Sell Junkcoins on: May 02, 2024, 07:52:01 AM
Take advantage of the Bitcoin halving and make a small profit
I can't agree less with what you're saying, for those that have the resources to accumulate Bitcoin now, this temporary price dip that we're experiencing now is the best time to do just that, the more it dips, the better for it's buyers, because eventually price surge will happen, as we're entering bull run.

Like some comments on this thread, I agree that it's not all altcoins that are junk, I wouldn't consider top altcoins like Ethereum, BNB, Solana and the rest of the reputable bunch as worthless, they're worth holding, and during Bitcoin bull run, it'll boost the altcoins bull run too. I'll agree if you call most new projects junks, because most of them are scams.
359  Alternate cryptocurrencies / Altcoin Discussion / Re: Can Meme Coins still Catch Up With The Likes of Doge and Shib? on: May 02, 2024, 06:54:22 AM
I think it’s possible that other, newer meme coins can catch up with DOGE & SHIB for sure. SHIB came out of nowhere & people made a lot of money with it. I can’t advise you on what the next big returns meme coin will be, that’s the game unfortunately, do your own research & good luck.
A new memecoin can possibly emerge and catch up or even top doge and Shiba Inu, but the problem is that so far none has stepped up yet for the challenge, leaving this two at the top of the meme ranking. The problem with memecoins is that there are too many of them and most of them are scams, making it hard to pick the ones that can last as these top memes.

The memecoin that's mentioned in the OP might be the next shib, we'll never know, just like many others that are in the memecoins category, so it's for every investor to do their research and take their chances on the ones that they choose, because they're risky. Remember to invest the amount that you can afford to loose.
360  Local / Nigeria (Naija) / Re: Misunderstanding of Halving by Bitcoin enthusiast. on: May 01, 2024, 06:13:07 PM
Bitcoin has diverse means in which it operates, although I so much believe that this is th first time some of us that are here are experiencing this event called Bitcoin halving that's why they misunderstand the process, know doubt this occurrence that happens every four years was meant to be a period that Bitcoin is suppose to pump but unfortunately the pump has not been experienced yet but it doesn't mean that it won't happen.

People just dey carry the wrong mentally dey enter the market, there is no where that it's written that after Bitcoin halving say the market go pump immediately. Market go pump be say market go pump, when the pump go happen nobody know so make nobody dey tell you say na this particular time or that time. E dey happen before at a particular time no mean say e need to happen exactly at that time for this halving. Make we just relax ourselves because that pump wey we dey find no go come, Bitcoin need to settle down again and wait for something wey go ginger am up. ETF matter dun go, halving fomo dun go so make we no too dey expect say market go just wake up from no where begin they raise to our high expectations anytime soon.

Most of di people wey de carry dis wrong mentality de enter market na mainly newbies wey never get di experience of halving before, and as dem don hear plenty hypes about bull run, say na wen Bitcoin price de continually surge and investors go get plenty ROI, and na "after halving" di bull season de start. So dem don carry plenty money buy Bitcoin, halving don pass, instead of price to surge e begin to de dip, and many of dem go panic and begin to de sale.

E de important for newbies to research and gain knowledge about how Bitcoin de work before dem begin to invest, odawise dem go de make wrong decisions, some go even vex and say Bitcoin na scam. Dis na my first halving experience, and I no worry about wetin de happen now, because I don gather plenty experience for dis forum, so I know say bull run go happen, na just a matter of months and events go kickstart di price surge gradually.
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