Yes, you are correct, that is why it's always advisable before someone will go into investing in crypto, they should first of all know the basic knowledge and understanding of crypto, do research effectively on how it really works and the risks involved, knowing when to invest, sell or buy, with all this, one can be able to avoid too much loss, especially the newbies, they should learn how to ask questions, anytime they find something confusing and they also learn how to apply patient because one of the things crypto required to move forward is patient, it is also helpful.

Guy, you no supposed to reason am like that, irrespective of the fact say this forum Na for learning, you no go expect make dem spoon feed you like that. Many of the things wey most of us learn Na out f curiosity, and as we hear for forum, we dey go Google to go get more information, so you no go fit expect person to dey write the meaning of every abbreviation wey e wan all the time, just because of say some learners still plenty for ground. Use you google and search to know more rather than waiting for someone to spoon feed you like a baby.

There're certain bitcoin investors that has always gazed at the coin market cap watchfully to see increase of price so that they could cashout the profits. So are due to lack of other source of income and some are on the act to say they're trying to achieve their capital rate gradually in case the industry crashes.

I don't know who anyone who need to hear this that bitcoin is has come to stay as long as more investors are coming in because that's how more the blockchain is stretching reliably stronger and not a Ponzi schemes that you'd be deemed to act smartly to make sure you secures your capital while expecting a system crashes unawares.
You that also Invests on bitcoin without previsions for other source of incomes, be let known that your bitcoin investment can only be fertile to profer you highly profits if you have other source of income so that your asset can accumulate more values from those generated profits and soar to yield you bigger incomes.
Hodling is just the key to a better success in the industry of bitcoin investment.

Bitcoin has really been a conducive source by which we can process our financial transactions via P2P without the exchange to fiats just to process with the local transaction. And boycotting the barriers by which the government stood as blockage against the citizens and the Crypto exchange by ingnoring using the centralized exchange but making our payments directly on the p2p on non custodial network would had been a good alternative for us but the problem lyes on the quantity of citizens being literates with the digital financial system because as much as I know, there are much more number crypto illiterates in the society which would be a majority aspect for us.

I think this is the weak point where the government caught us captive, they understood that there are over emphasized illiterates in our society and the government are been adamant to structure an educative and civilized society atleast that it could impact to enhance human human resources and infrastructures.
This has in time made me felt like the governments are benefiting from the illiterate being of the people knowing that they do not know the DOs and the DON'Ts and how they can be audible to be defendant.
So if major of the masses in our society has adopted bitcoin or even having a reliable knowledge about it, I don't think if the government would had gone so far opposing the peoples wills over cryptocurrencies.

It's definitely uneasy but how can we as citizens educates ourselves virally because while hoping on the government for our wellbeings, things would keep going astray.
Is there a measure to conquer this government with our decisions over cryptocurrencies? Let's share some thoughts though it could be tough or even impossible. But no offence in trial and bringing of ideals.

Happy weekend everyone. So this question da important because most people da enter crypto now with the wrong mindset like say na get rich which scheme. So maybe this one go help one or two new people. For me I don da crypto for 2 years now..and first thing I learn be say you go read book tire. E be like school. No be for lazy people ahaha. Secondly no need to rush and remove fear for your mind..  make we hear una stories..

It seems bulls are busy with Bitcoin only. That's why Bitcoin keep breaking new All time high but most of top altcoins (except a few) Still straggling to cross even Half of their Ath price. So maybe altcoins season might come after btc halving. That's why many people still don't hesitate to collect altcoins. What is your opinion about this matter. Are you still buying anything or will think about it later after halving

Both are meme coins wherein they don't have any fundamentals. They both are community driven and earlier this year Pepe generated good returns than Shiba Inu. I don't have any personal preferences but as a investor I would buy both and wait for the next bull run. Both have the ability to generate good returns on investment.

I have not invest on any of these coins but I beleive ONDO has the potential to go to 10x easily. Iin just a month time it has the price has already  exceeded 40% and it is still going up. The current price is still below $2 and if you can hold on to it for about a few months to six months you will get good returns on your investment.

One way to earn money in crypto with less risk is through airdrops where you only need to complete tasks to receive tokens. An example of this is the Heroes of Mavia and Arkham airdrop. The challenge here is that we cannot determine the next project similar to them, and with the multitude of airdrops emerging, even dedicating all your time to them may not be sufficient. What's needed is diligence and patience to grind through, as it can consume all your time.

For those of us that are into altcoin signature campaign and have accumulate some in your wallet, what do you do with it since some of them has low value at the moment if you check their current price?

Do you keep holding it hoping that the price will finally come up since it seems you can't actually trade it with it current value.

Will the altcoin become valueless after the campaign is over or could still gain value after some years.

Nowadays, airdrops are often used in crypto exchanges. In addition to the standard trading strategy of investing one's finances, airdrops, which involve giving away free coins or tokens to users of public crypto wallets to advertise a new digital currency, can generate huge profits. Blockchain-based companies utilize the use of these crypto wallets as a marketing strategy to encourage users to use their platforms. So what are the signs that an airdrop will pay off?

I was not aware airdrops had turned into something more than the lowest-level social spam giveaways. Thanks for letting me know. Needing to invest real money to qualify for an airdrop seems like a big upgrade, too bad it didn't choose a fresh, new name instead of "Airdrop."

Crypto trading and investing has many challenges. However some that stand out are;

1. Risk in trading or investing
2. Greed and Fear
3. Profit taking.

I will address the third point in this trade. Making profit is one thing, taking profit is far important. What make some people not to make profit is fear and greed.
Here is a strategy i used in taking profit;
1. Determine the market cap you want the coin to rise to.
2. DCA out at every milestone of the project.

For example, say you bought SOL at $5. You take 50% off after 5x, and take 10% as it goes up.

How do you take profit? Are there other strategies for profit taking?

Is it possible that some meme coin might challenge bitcoin in future ? Why or why not ? I personally feel that though we may see some mem coin making it really big but it will never be at the level to challenge bitcoin.

It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

yeah, maybe now there are quite a lot of airdrops that pay pretty well. However, we know that this is still very little compared to the number of airdrops currently. If you want to take part in the airdrop, you should choose a project that has great potential. I think, if you focus on doing all the tasts from various airdrops, it will really waste time.

How would I know if the days of memecoins are gone forever? you already know how the market works, nobody knows much about the next thing to happen we only know it when it's done already. Perhaps in all my social medias I have been receiving some kind of notifications including influencers who are talking about memecoins which will do best and the ones to hold for a long term so I don't know where you get your informations but this mine.

Most coins only did a bit well because bitcoin also did move upward to reach an ath so since altcoins depend on it to also reach an ath they also made such positive move so when you see a coin move on the opposite direction when the movement is upward it shows such memecoin or altcoins is not a good one to hold in my opinion.

I think the old coin will have the best place and I am sure it will find an ATH in the future. because there are still many old altcoins that have not shown growth on the exchange market. and in my opinion meme coins have a very high risk even though many of us have made big profits from them. so choose altcoins that have strong fundamentals and that have been able to survive for a long time in the crypto market.