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August 04, 2024, 01:43:28 PM *
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381  Economy / Trading Discussion / Re: Most Traders are Not Profitable on: May 24, 2024, 09:24:51 PM
I think If we want to earn profit in trading then we have to correct our choosing factor also , one of which is the currency you choose.  Sometimes we invest in a currency after seeing it go up quickly, and then soon it starts to lose.  This loss is caused by our wrong choices.  So we should always be careful in our selection and preferably invest in top 20 currencies.  Investing in top 20 currencies reduces risks and keeps your investment safe.  Investing in selected currencies with good research and accurate market information reduces your chances of loss.  Avoid investing in haste without doing your research and market analysis and make top 20 currencies your first priority.  This way you can get better results in trading and avoid losses. And can earn profit.
Exactly because many people are trading without them making any research on the platform and the areas they were not good that were making them to lose. They have to know the areas that they are not doing well in the trading process. And also they should not greedy in their trading because greediness makes many people to lose or not making any profit from their trading. And many traders do not understand chart so when the market is about to decline they would still be trading and immediately everything that they have gotten would just disappeared.

If you want to profit from trading you have to understand the candle sticks and the market chart 📈 📉 so that you will be full aware and understand what is happening in the market. Don't just rush to the market.
382  Economy / Trading Discussion / Re: Why are people getting scared to Trade on: May 24, 2024, 09:07:36 PM
Well, when someone looks for other ways to earn coins, such as from airdrops or other events, this doesn't mean they are afraid of trading. They do this because it can also bring profit to those who do it. They can use the money they earn from the airdrop or event for investment or trading capital. However, it is just one of the ways used to raise money. They could use the money for trading or other things.
Presently people believed in airdrops more than trading. And the reason what people like airdrops is because airdrop is not stressing people like trading. And and in airdrop you don't have to worry so much because you might not spend anything but you your time to perform some necessary tasks to propagate the airdrop. But in trading you have to be with your device calculating the chart to follow if the market is favoring you or not.

Trading is more risky. If you are not knowledgeable enough to trade then you will lost all your money but the only risk in airdrop is that after all your stress and time if the token was not able to be listed in any exchange then you have wasted your time and energy.
383  Economy / Trading Discussion / Re: Short Term Trading Altcoins and Meme Coins? on: May 24, 2024, 08:59:31 PM
For me, it probably depends, because I have altcoins that I want, and I also have meme coins that I want to hold for the bull run that is coming this year. Because in truth, we can get the same earnings from these two, so if we can get a profit from these two, why would I buy from them if I can have the same?

Then I'm not just focused on holding on to one meme, coin, or crypto. I believe that there are potential altcoins and meme coins in the market; in short, they cannot be separated from the market and can provide good savings in the future.
I don't think there is different between altcoins and memecoins. Any project that is not bitcoin, it is an altcoin though some analyst put it in this way, cryptocurrency started from the Grass Root of airdrop and from the Airdrop, it migrated to memecoins and from memecoins it would changed to altcoin. And these are the process of changing. But experts said all are the same. Though that is not the course of discussion. And let me come to the main point of discussion.

In cryptocurrency investment it is bet to invest for long term and not short term through some investors are agitating that it is good to invest in short because you don't know what will happen in the next move of the altcoins.
384  Economy / Trading Discussion / Re: What is your preferred method of converting bitcoin (or other crypto) to fiat? on: May 24, 2024, 08:49:29 PM
I have used three methods to trade my bitcoin to fiat and the first I use was to convert the bitcoin to fiat straight in remitano. Then transfer the money to my account and withdraw. The the second one I used normal p2p with a well known vendor in my location. I sent him the coins and he paid me as agreed then the third one was the exchange p2p  which is also popular in everywhere. These are the three methods I have use to convert bitcoin to fiat.

And all the three ways the normal peer to peer is the best if you k ow people that can buy your coin directly from your wallet. But it is very difficult to see someone who is trustworthy to buy you coin. And make sure that you received your funds before releasing the coins.
385  Local / Politics and society (Naija) / Re: Labour rejects FG’s proposed N48,000 minimum wage on: May 24, 2024, 12:25:27 PM
Federal government e no try at all. How can a government know that this economy wey things are costly come dey price #48k e no make sense na. Only one bag of rice na how much. Garri bag wey we been dey buy 10k now is 48k so how much person go spend for a month before money go finish. Even the 487k Nigerian Labour Congress. The 615k was good because when the NLC president was analyzing the break down of those things to buy with the 615k, it was nice analysis.

And if the government want to pay the 48k as di minimum wage then they have to reduce cost of living.
386  Local / Politics and society (Naija) / Re: Increase in inflation on: May 24, 2024, 10:44:46 AM
I never see a government that preparing a country economy to be good without a good plan so lay down the plan. Nigerian economy now is hopeless. For now we go suffer until this Tinubu government go pass because they can't do anything to make the economy good. If the policies were good by now the inflation would have come down but the policies are not good so everything just dey rise. Garri wey we think say e no go go up because na local product but nai come worst pass.

Me I know say the government dey do things to favour the businessmen and not to the citizens so inflation will not reduce because the businessmen only make profit very well when there is an inflation. I just pray dat make Tinubu no win did next election.
387  Economy / Trading Discussion / Re: How you trade in uncertain times? on: May 23, 2024, 10:28:02 PM
I don't think there will be any special methods, tactics and strategies that a trader will be using to trade in this period because what you have doing in the trading field will be the same and nothing will change. Op you have to k ow that this year bitcoin has hit all time high. Though it has not reached the All (everyone) predicted price which is the $100k for this season. And all what the traders need to do is to know the chart movement so that in the trading time when the market is about to show red, you have to know fast to close the trade and know when the market is about to go up and start the trade. Understanding these two chart tools is the major thing to know in trading.
388  Economy / Trading Discussion / Re: Why trading and not something else? on: May 23, 2024, 10:20:26 PM
I started my trading in 2022 and I started with Metatrading app and with the demo account and what motivated me to trade was since there was no job from the government and the society, and I was looking for something I can be doing to fetch money for me even though it is small let me manage it. So I learned it from a friend and later when I have gotten the basic knowledge and having the experience of trading, I opened the live account and deposited $200 dollar as bitcoin and at that time bitcoin was $16k.

So after depositing the $200, I used $100 to trade and gain $20 dollar and I was greedy at that first time because it was my first live trade and lost everything within 30 minutes intervals. So the second trading I gained $30 and I stopped that day and from there I started trading with small amount and gained little profit. And for me I do it to sustain my life and take care of myself.
389  Economy / Trading Discussion / Re: What ways can a trader raise money? on: May 23, 2024, 09:59:31 PM
Well as for me trading is not a permanent job so even though you have enough money or income you can still trade. Trading is like game that one can have fun With. Gambling and trading have some similarities too. Those who have source of income trade with fun and not to get income or gain income again. And those who have no enough money ah e no income are the traders who are there to look for money through the trading. And one thing I know, those who don't have money to start trading, always learn from the demo account while those who have money learn just small from the demo account and went straight to the live or real account and deposit and start trading.
390  Economy / Gambling discussion / Re: Is gambling bad to the society? on: May 23, 2024, 09:45:41 PM
So with all this I think if they put an restrictions on gambling it's not a bad idea at all
Putting restriction on gambling or gambling ban is just nothing more than making people not to have freedom. What the government should look after is for people not to harm others. We are in the world that people are exposed to gambling, they should educate themselves on how to make fun and entertainment from gambling and not turn it to a way of looking for income.
Welcome to the gambling board. Addicted gamblers will not adhere to this entertainment advise instead they will see gambling as a way of income and that is why always chase their lose and trying to win back their lose. That that make them perpetual gambling to become the addicted gamblers. And for them to restrict themselves from addiction they have to set gambling budget with a limited amount to play gamble weekly.

Gambling is like a side hustling for those guys so if gambling is restricted then indirectly you are punishing them from their small eatings. Those who see gambling as entertainment are those who have the mindset of responsible gambling and not the addicted gamblers.
391  Economy / Speculation / Re: Road to 100k? on: May 23, 2024, 05:34:22 PM
And since 2022 experts were predicting that bitcoin will hit $100k in this season and the way the movement of bitcoin, it might hit the "Road to the $100k" and the end of the year or the first quarter of  next year.

I find appeal to authority to be problematic in any argument.

To me, it seems better to argue why something may or may not be true, instead of generally proclaiming that "it must be true because 'experts' say so."

Sure some folks are smarter than others, and some folks have better logic, but it seems to me that it is likely better to refer to your authority folks specifically or refer to what they said (or might have had said) or substantively back what you are saying rather than proclaiming "experts say."
The funny thing is whether an expert or not, in no way can they affect the price to increase to such value. Everyone is entitled to give their speculation, experts from reading charts and those who just say so because they feel like it must happen. There is no assurance it will, but definitely it will with no time frame given, it might happen any moment from now even if it takes months but definitely we are going to see the price hit $100k.
Really you have said it all. Whether experts predict the price to hit $100k or not, people must predict because prediction is one of the factors in the cryptocurrency market. As you said people analyse the chart to give their prediction and some only predict how the market will be in the future. I can still remember one of my local board member, predicted the rise of bitcoin last two years when bitcoin price was $16k and he said the price would hit $25k within one month and really it happened.

Speculation is part and parcel in bitcoin
392  Alternate cryptocurrencies / Altcoin Discussion / Re: Whats Your Favourite Meme Coins? on: May 23, 2024, 05:22:46 PM
My favorite meme coins will always be Doge . I made hundreds by just holding doge for almost two years don't know if there will be another meme coins that will bring in such profits ever again.
Those who don't understand the cryptocurrency market does not believe that hodling memecoins for years is not profitable but it is good to invest foe short term investment. Even bitcoin has two investment plan long term and short term and that should also apply for memecoins. And that is why whenever you investing.in any coin, make sure that you know the time and the season not the investment. If the time will be good for short term then you invest ND if it will be long term then you invest foe long term. Like now if I want to invest for NOTcoin, I will not invest in short term but in long term.

Because the time to invest foe short term has passed. Now it is good for long term.
393  Other / Meta / Re: Artificial Intelligence on the Forum on: May 23, 2024, 05:04:35 PM
I happen to agree, i.e., give those suckers a permaban that they'll never forget, except that using AI isn't the same as plagiarism and as far as I can tell still falls into a grey zone--at least for now.

There's no way any members ought to be able to use an AI program to crank out posts; that shit should be banned if caught.  I've played the scenario of shitposters using AI over in my head for a while now, and I can only come to one conclusion and that is the swift downfall of any real discussion here and maybe a slightly less swift swirling down the toilet bowl for bitcointalk as a forum.  Every shitposter and all of their alt accounts will be using it eventually if it isn't nipped in the bud.

Right now my big fear is detection capability and AI's ability to evade detection.  I'm guessing it's going to become harder to catch these idiots as time passes?  Or is it going to be something of a race?  My brain aches just thinking about the possibilities and knowing what lengths the dregs of bitcointalk will go to in order to participate in bounties/campaigns/what-have-you.
Really at first, in my thought AI is the same generated posts are the same with plagiarism because I look at it all the same content therefore the way the plagiarism action is taken should be the same with the AI posters because they are of the same category. But the AI detectors or the reporters of the AI posters only report those post to be deleted so many are still in the act.

Presently people use AI more than using google search engine because for them AI is faster. Like today I was making a research of a word. At first I checked AI, and I see the meaning and I checked google search engine again to know if there will be any different meaning but to my surprise they all have the same meaning. So the punishment should be the same.
394  Economy / Speculation / Re: Road to 100k? on: May 23, 2024, 04:52:13 PM
And since 2022 experts were predicting that bitcoin will hit $100k in this season and the way the movement of bitcoin, it might hit the "Road to the $100k" and the end of the year or the first quarter of  next year.

I find appeal to authority to be problematic in any argument.

To me, it seems better to argue why something may or may not be true, instead of generally proclaiming that "it must be true because 'experts' say so."

Sure some folks are smarter than others, and some folks have better logic, but it seems to me that it is likely better to refer to your authority folks specifically or refer to what they said (or might have had said) or substantively back what you are saying rather than proclaiming "experts say."
@mate2237 what JJG said is true. we don't have to rely on experts even as they might be accurate in some focast, yet they make mistakes too. you know sometimes people predict uncertainty hoping it meet to their expectations, somedays it may come into existence and sometimes it may not also come to reality. that should tell us that all are mearly speculations and we shouldn't have it at heart. do you know you can also be an expert? provided you can bring some facts that people will believe that bitcoin will hit the road to $100k. what I want you to know is that btc is unpredictable but yet a volatile asset that is worth investing on. even though the price changes on a regular, yet it is still heading to $100k and above. Bitcoin has grown from less than a cent to $75k ATH in the space of 15 years+, the road to $100k is sure without experts prediction. you don need expert to tell you that bitcoin will hit $100k and above, it may delay but that shouldn't be a discouragement of investing on bitcoin, but to encourage you to accumulate more instead of arguing.


This is wrong @pi-network31419, the current Bitcoin all time high is $73.78k which was reached on 14-03 -2024.
However, @mate the only thing that is certain in the market is volatility hence there is no certainty or guarantee that whatever that is claimed or proclaimed will definitely come to place, Bitcoin is a speculative asset and any one is at liberty to say whatever they like, Bitcoin is designed to moving up and down which has made it more interesting but to what extend can it fly up or down no one can actually be certain about that.

Most of the comments or 99% of the comments here are following JayJuanGee for merit and they are not even contributing any knowledge to him or to the thread. And that is why you can see that they always tag him so he will come and give them merits. Well I will still say that cryptocurrency is all about prediction but though nobody can give the exact price prediction, be an expert or not nobody but the predictions are always very close to the truth.

Everyone was thinking that bitcoin All Time High would come after the halving in this year but things turn around and the All Time High came before the halving and another again, they predicted that after the halving ATH would start, and really it is happening now. Therefore we can't live in this cryptocurrency market without prediction. JayJuanGee can also predict his own and it might come to pass or not. $100k prediction is on the ground and one day we must hit it.
395  Economy / Economics / Re: Take care of your money and learn to save. on: May 23, 2024, 04:38:27 PM
Not everyone lives with adequacy in terms of money but they continue to improve their mindset to find opportunities to get much more stable money. Mindset will affect people in pursuing financial stability and although sometimes it is difficult to achieve the best in the absence of capital. As long as we want to try there is definitely a way because the most important thing is we have the intention to improve the standard of living for the better.

Not everyone is born with wealth but there are many opportunities for people to reach the stage of wealth. Opportunities to get it can be done by using several ways, such as working in other people's places to collect capital, then just struggle to develop their potential after capital is collected.
Yes I understand you. There was a book I read when in primary school"Without a Silver Spoon", that means nobody was born in Wealthy Parents" but their parents hustled in life to make them become the person they want to be today. Then there is another song I use to listen even now. "Celebrate " according to the song writer, he was born with a Silver Spoon but he lost the Spoon, so he has to start from the beginning. And there is a boy I know in my residency, he won $8,000 with the current exchange rate and nobody knows that he has such amount, meaning not everyone that has money showcase themselves as you said. Good thinking is one of the best wealth in life.

In this present day many people don't need to be born with a Silver Spoon but their knowledge, and good thinking can make them rich.
396  Economy / Economics / Re: If you want to be wealthy you need action on: May 23, 2024, 04:20:43 PM
You are right. Indeed, to know whether we are successful or not, we must take action. Sometimes many people want to do something but don't know where to go from there. Therefore, to become rich you really need knowledge and understanding and knowing what to do to achieve it.
It is not to k ow if you are successful or not but to take the action so that you will become a successful person in the society. As I said you can't become a successful person when are not working or when you are just at home relaxing thinking that Manna will come from heaven, God helps people through another person and you must show working and not resting.

Successful people work hard. Many people are gifted with different gifts and talents but they are not using them but instead relaxing. Even the hope we have to succeed come with action. Many people died with the wealth of knowledge because there was no help from anywhere and they were not working hard to succeed.
397  Alternate cryptocurrencies / Altcoin Discussion / Re: Future Investment with Dogelon Mars (ELON) on: May 22, 2024, 11:04:51 PM
Some research to know if they are different projects and finally found out that they different. The coin still have a long way to go. Look at the price $0.062049. These are the projects that infesting in other projects making their networks very slow and congested. Well I don't have too much to talk about it until next bull market and not this one since the project is still on it tender stage.

And it is not all about social media followers but on it own how the developers are planning to make the project great in the ecosystem. That is what is in many people mind. What you have said can't be disputed.
398  Alternate cryptocurrencies / Altcoin Discussion / Re: Privacy on Dogecoin? on: May 22, 2024, 10:50:46 PM
Since you are not looking for the dogecoin protocol privacy then it should the transaction privacy like bitcoin p2p and Luke the mixers. I have not even seen any altcoin having a mixer to mix their coins. And if there is any then it will be a good thing to implement and if it was existing then some would have mentioned it in the forum. And o e thing I also understand in dogecoin is that upon all these longevity in the ecosystem all these years, the population is not encouraging and, the uses is not active like other even new coins.

Well for now there is no privacy in the coin but probably when the coin do well in the future mixers companies will look into it and add it to their system and mix it.
399  Alternate cryptocurrencies / Altcoin Discussion / Re: is it still risky to Invest into Altcoin now? on: May 22, 2024, 10:36:51 PM
Currently, only BTC and ETH are pumping, and all altcoins are going down. This can be a good investment for the future, but it's extra risky!

Others are also pumping just that those two you made mentioned are the tow that rising more than the others if not, Solana is moving well, BNB is moving dogecoin is also moving and now that all are doing up, it is the time to invest both the short term investors and the long term investors would make profit from this Bull market now. Not all Cryptocurrencies are really risky. Like the top 2 Cryptocurrencies are less risky and all what you have to die is to know when to invest and that is all. "Buy the dip and hodle"

Don't forget that slogan. If you want to invest foe short term then be calculative. Now it is the best time for short term investment. And in the process when the price comes down then you have to change plan for long term. But if the short term plan works for you then it is your luck. Because the market is not stable.
400  Economy / Reputation / Re: 🍕 Bitcoin Pizza Day on Bitcointalk on: May 22, 2024, 10:00:12 PM
I wish all the participants good luck. I have already seen some of the sweet pizzas 🍕 to celebrate the pizza day here and more are still coming on their way. If I wish we can test some of the pizzas to know the combinations. I really like to test the Italian pizza with the tomato sauce, cheese, meats and other ingredients like fruits and vegetables and fish to spice the pizza. Are you sure all these ingredients are there in those pizzas? Since are just watching from afar we can't really tell. It is only fillippone and some few people use all those ingredients to bake their pizza to become the real pizza and the rest are to compliment of the season.
Happy Pizza Day to all participants and non participants.
This are my Italian friends here.
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