Nigeria is country that is well known as a typical agricultural nation which was once the mainstay to the country economy and because of the agricultural strength of the country compel them to have their flag as Green White Green which signify agriculture and peace but it baffles me to see the level of hunger going on in Nigeria now to the extend that an average Nigerian cannot boast of feeding himself and family three square meal per day.
What could be the root cause of this hunger in a country that has all it takes including human capitals and natural resources to make a great nation that the whole would will cherish and envy.
I think the mean reason for the hunger in Nigeria is the corruption from thier different government agency, if the corruption is there the people will suffer and the corrupt politician will become rich, because the budget for the agriculture will be directed to his pocket and not on the farmers, and they will suffer a high fertilizer and pesticide price, if the farmers are lack of support from the government their productivity rate will fall and it is maybe the reason why there are huger people, there are so many reason for this but in my opinion the corruption is one of the reason for this huger in nigerian people. |
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Year after year before the cross over service there will be promises of a new beginnings, new hopes, vision, wishes and resolution
Government will come up with the budget of the incoming year and and when you look at the budget it is really interesting with hope's of having a better year ahead as in the budget it capture virtually everything including the economy and other aspects of the nation
But every year that passes on the economic situation is getting worse by the day, infact inflation increase with each year that passes making the living standard of the poor unbearable
This makes me to think and have come to the realization and conclusion that surviving in this present economic situation needs a total different mind set such that will make you to think out side of the box
Investing in crypto currencies like Bitcoin is not a bad idea at all
i think new mind set can do nothing with the high inflation, even if we have a new mind set it can only change our financial status but not the inflation rate, new minds set comes with new strategy to earn more profit to pay daily expenses so it also help but not so big help, the solution of the high inflation is not totally depend on us,it is in the hands of the government they can reduce spending and increase the taxes as a way to help reduce inflation. |
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Hi i am new into crypto world and i want to learn as much as possible so i ask if anyone know what is the basic steps to start and what guide is the best? I understand this is most different from what people think.. but it cant hurt to read it all.
First i just want to buy bitcoin for around 1000€. i will look at youtube today what the best way to do it is, then i want to learn trading but i will wait for that until i have teach myself more. we all start from scratch sometime?
I am so thankful for alll members here that taking their time to help me
All expert trader are came from newbie but they continue trading and never give up even if they experience lose and now they become expert because of so many bad and good experience from thier trading works, so for me if we don't stop learning or if we just continue we will surely learn on how to trade just don't hurry and you will surely learn, because there is a lot of video tutorial from different social media channels, youtube, facebook, twitter, etc., you can start by looking some video tutorial then get learning. |
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Bitcoin's recent price decline can be attributed to a combination of economic uncertainty, regulatory concerns, and market sentiment. Factors such as inflation fears, cautious remarks from Federal Reserve officials, and regulatory uncertainties have led to a sell-off in Bitcoin and other cryptocurrencies. Market sentiment and investor behavior also play a significant role in driving price fluctuations. Despite short-term volatility, long-term fundamentals, including adoption and institutional interest, remain bullish for Bitcoin and the broader cryptocurrency market.
Do you think these are the reasons?
That is also a reason and there are still so many reason why bitcoin price drop or rise or maybe stable sometimes, and everything is not just happen today or yesterday, this is not new we can see it in some news and it happens from so many years until today, the price of Bitcoin is not stable because it is decentralized and it depends on the investors, users, holders etc., and not in a government so don't be astonished if you saw btc drop or rise and rich new ATH, because that was normal in btc price. |
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Hi all. When the hype was at its peak about a year ago, clearly this attracted a lot of people. I waited and watched. Would love to hear views on if this is a good time to start looking at BTC and alts.
Also, have seen a few accounts that offer services (VIP signals etc). Presumably some of these are better than others.... if so, what have been your experiences? Thanks.
BTC and alts are a good investment specially when the market is better or when the market start to climb, price is very important to consider on buying, because the profit depends on the price, if we buy on high we can only earn small amount of profit in a short term holding we need to hold for a long time and wait for the another ATH before we can sell, but if we buy at low price then we can earn profit in short time depending on our limitations, so buying in dip is a great strategy to earn. |
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I have some questions
Will btc continue rising or will drop and fuk everything up
Not coin is it safe to enter this coin now
Does bitcoin effect memecoins on solana or base
Bitcoin always rising look at the time line of bitcoin from year 2009 to present it is always rising and never back to its original price on year 2009, it will drop down but it is only temporary and if it will rise it will rise drastically, so there is no need to think about investing on it invest it now to avoid regrets it is the most safe investment in crypto. |
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Hey I'm looking to buying Bitcoin in amount of $5-10 M .
Seller must pass Satoshi text. If you got any advice or leads, it'll be appreciated.
I think this is not a good idea investing on that amount is very risky, that is very big if i have that money i will not invest in crypto to earn more, there is a lot of business you can build by that amount, if you really have that amount just invest 1m$ in crypto and use another amount to build a businesses for good crypto is risky but profitable you can win or lose on it, just use a money that you can afford to lose. |
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Hello, I'm a new trader. I started a month ago. I deposited $100, and now I've lost $40. Any advice for me? I watched some YouTube videos and found a technical analysis video which helped a lot. I started not losing as much. Sometimes I even earn. But even though, I feel so lost. Like every day, I see some random coins get boosted. Some people earn from how they know that coin will go up. I'm sorry for my bad English; it's not my first language.
I feel just like what you feel,when i was new in trading i also lose in different coin while some coin are rising the coin that i bought is falling drastically its just like losing while others are earning,sometimes its a matter of choice in every coin maybe they are lucky with the coin they choose and you are not or maybe they are good in choosing while we are not that is why we lose,but all i can say is don't stop believing just continue and you will surely earn maybe not today but there are always tomorrow. I agree sometimes in our trading journey we will face different loses maybe because we are new and we don't have enough knowledge to choose the good coins,and we will always lose but if we are going to continue and wait for our time maybe we will earn soon,loses is a part of traders life,even expert also lose specially when they are new but if we continue to trade and learn we will earn. |
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Do you think that exposure to bitcoin at an young age is a good thing in general ? I feel it should be taught based on individual personality and not to very young guy. This is because all young guys might not be responsible enough to invest and track with patience at young age. However, those who have the required patience can make very high returns on their investment by investing at an young age. So, which side are you in this aspect ? Do you feel that all young guys should be informed and educated about bitcoin ?
I think informing the young guys about bitcoin is good,if they know it earlier then they will be prepared in the future,and if bitcoin boom they will have a big profit in the near future,the problem there is not all of the young guy will have a patience to hold maybe we still need to teach them first to have a big patience because if they don't have a patience they will surely lose at the end. |
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Do you think it is convenient to buy bitcoin now according to your predictions? Or wait for its value to drop further?
If you buy it during the time you posted this you are now earning a profit,buying bitcoins is depending in our limitation and the current price,if you are rich you can buy Bitcoin anytime but you need to hold ot for a long time because bitcoin takes time to bounce back after the dip,if you are a simple investors or if you are no big capital then you need to wait for the dip to buy BTC on cheap price,it really depends on our limitations and we need to use money that we can afford to lose. |
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I'm sure not all traders will agree with me but some could possibly be on my side...
Here are the reasons why;
1. It is quite stressful - old traders will soon give up due to mental health problems
2. It is not enjoyable anymore - nobody will stay long in a job that they no longer find themselves comfortable with especially if you are not earning well.
Most of the time we feel this during bear season.
3. Trust issue due to Scam growth - traders never find it safe to use exchanges, even big exchanges.
We have different mind set and limitation even if you are not enjoying in trading there are traders that still enjoying on it, and stress depends on your earnings if you didn't earn you will become stressful but if you earn you will feel stress free and still there are people who earn a lot on trading and they are stress free, the number 3 is about trust issue there are a lot of scams but we have different ways on how to detect scams so even if we are a victim of scams there are also people or traders that never experienced being scammed so for me trading is a lifetime job but it is not for everyone. I agree on that, because in life we have different destiny and strategy,there are times that we may fall but others are not,they win and we lose they continue and we are quiting,it is because of our different ways of handling the problem that we may face,its the same on trading,why we continue if we always lose? Or we are always stress and being scammed,this is the reason why others quit on trading,but we don't have the same destiny on trading there are others who enjoy ,stress free and not being scammed and they continue so i agree that trading is not for everyone but it can be still a life time job to those who are lucky on it. |
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Are your parents investing in bitcoin ? Has it impacted your journey with crypto ?
My parents didn't know about bitcoin, they are old and they don't even know how to use cellular phone,laptop, computer etc., even if i have a parent that invest in bitcoin i think it will never affect on my side we have different sight and different ways in making some strategy to earn so i think it is not a problem if our parents know about bitcoin. |
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When we are at Extreme Greed you need to be taking some profit off the table. Most people in crypto fail to keep the money they've made. They either sell too late or they selfishly watch all profits fall back to zero.
I've seen this happening each cycle.
We all need to understand that 1st priority in crypto is surviving. Profits are in 2nd place. Yes that sounds counterintuitive, but it's really simple. The real skill is not in making money. The real skill is in keeping it.
I hope you found this useful. Keep up the flow, and may the force be with you.
Taking the profit is a good way to earn but if it is small profit we can also hold and wait till it become bigger, i think it depends on our limitations because we also need big profit not just penny if we are going to take profit earlier then we can only take small and not enough for us to pay everything so we also need to set limitations for good. |
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I have now been investing in Crypto for 10 months and its been a test of patience thats for sure, feel like I have entered in a bad year with lots going on causing these bad times and low prices we are currently seeing.
My portfolio is currently 36% down And feel I have no choice but to hold till the next bull run which is hopefully only 12-18 months away. I will continue to DCA but in recent weeks I have slowed down having gone from investing every week to every 2 weeks as the prices just keep falling.
I am just wondering if those who have been involved with crypto for a few years at least could share their experience and offer any advice for those new like myself?
Thanks
I am in crypto since year 2017 and i have a lot of regrets for not holding my coins from joining signature campaign that time, because if i hold those coin until now maybe i am now a millionaire in my country, i look my wallet history and i regrets all is just a regrets so for now i hold very tight for the future. |
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Some of the altcoins moved quite high in prices in this current bull run. But meme coins had been disappointing for long time. Even influencers do not promote meme coins at all.
Are the good days for meme coins gone forever ?
Meme coin good days is not gone forever there are still investors that earn in meme coin, maybe you don't have a good experience with meme coin that is why you think that it is bad to invest on it, meme coins are very risky i believe that there are many people lose on it but there are also few people earn and they think meme coin will brought some more profit to them, investing on meme depends on luck so if you are not lucky on it find another ways to earn and this time not in meme. Well that is also what i think of meme coin depends on luck and most of us here are not lucky on investment on meme coin it is a cheap coin and only needs a small capital but still more people don't wanted to buy it because of its risk factor depend on hype no use case, very big supply, etc., i also don't wanted to buy meme coins but still im watching some and if there is an opportunity i will still grab it using a small amount of capital to make it less risk. |
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Most of people want microwave results and most of them are not patient It is Clear that bitcoin will be the only Currency for payments Like there will be no Cash or VISA You can clearly see here on Bitcoin Rainbow Chart https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/That soon will hit 100k EZ and to 1M on Future Be a Smart and Wise person Invest an amount for your Children Future on a Cold Wallet and never move those coins till your kids finish High school So like 15-20 Years from now ! Many people limit their profit by not taking the right actions but trust me every penny worth Even if u have low budget to invest for your kids do it , and save it for more than 15-20 years e.g if u put today 100$ on BTC to save for ur Kids future , when they are 20 years that 100$ will go up and down in hours as bitcoin will hit High price Dont be blind open your eyes There is a lot of changes 15 to 20 years is very long time we don't know what will going to happen that time it is so hard to predict bitcoin may go up if it will continue rising based on thier past price rising from year 2009 till present, if it will continue it will reach more ATH in next 20 years from now but 1m$ is i think so high, no one knows about it. |
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We have seen Bitcoin reach 70k USD and it even reached a point of 71k briefly. We are seeing history being made right here with the new all time high being set once again and it is happening even before halving.
I have high expectations that bitcoin will reach 100k but will it reach 100k without any major decline in price? Does it seem realistic that from 70k, bitcoin will continuously rise up?
bitcoin will rise up to 100k$ but not in an instant, it takes time just like what happen before the 2021 bull season when it reach a new ATH follow by this year and reach another ATH, I think it needs more years before we can see btc reach 100k$ no one knows about it but i have a feeling that it will reach 100k$ or even higher base on its past price movement. |
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I think people are not addicted but they didn't have a choice because they need to find more money in order to survive, look at how the price of basic needs rise, high inflation, etc., almost everything are rising and it needs more money to survive that is why people are finding more money i think it is not an addiction it is thier way of handling the high inflation and basic needs price that rise every year that is why people are now hard working to get more money because if we don't work hard will surely suffer financial problem.
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Buying alts today is good for short term investment, because alts is profitable specially when we are heading on to bull season or market, i see btc is rising so alts will be the next to rise and buying on it todays is i think the best strategy because many alts today is still very calm and almost no movement in price but i believe after this calm there will be a big storm comings from bull season so hold for good.
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Crypto analysis: BTC staying above $67,000 but still in threat to fall back 16% from current price If Bitcoin maintains a stable close above $67,206, it could continue to rise towards the psychological level of $70,000. In a highly optimistic scenario, Bitcoin might even turn the $67,206 level into a support base, aiming for its all-time high of $73,777. Read full analysis...... https://www.cryptocrit.xyz/2024/05/Crypto-analysis-BTC.html I believe it will reach a new ATH, it may fall but the bitcoin will always back and rise more than the percentage of its price that drop. Example it will drop 10% today and in the next week it will rise up 15%,this is why bitcoin is the most amazing coin because it will always bounce after the dip and if you hold and believe on it you will surely earn. |
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