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June 14, 2024, 07:10:25 AM *
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41  Economy / Services / Re: 👉[Paused] ▄■▀■▄🌟Bitvest.io🌟 - Plinko Signature Campaign, {Funds Escrow} on: June 10, 2024, 07:21:13 PM
👉 Bitvest Escrow Address: Current balance:

Update: Campaign is paused and as usual, post made for this week will be accounted for if (when) the escrow wallet gets refilled. I have already sent Lightlord a message and waiting on a positive feedback. Just for clarification, you're not mandated to make the minimum post when campaign is paused but this shouldn't make you inactive on the forum or you'll be sending a wrong message to me that you're only active here because of this signature campaign and you'll be dropped immediately I noticed that.

Regards,
👉 Brainboss Escrow & Managerial Service 👈 [ANN - Signature & Bounty - Metaverse, GameFi, DeFi, AI, DAO, NFT...] 💻🖥️💻

Thanks for updating us as usual, sir I hope its still okay for us to complete our 60 post as usual or does the campaign Status mean that we won't get paid for a complete work since wallet hasn't been refilled and Campaign is currently paused ?
42  Economy / Speculation / Re: Buy the DIP, and HODL! on: June 09, 2024, 09:30:32 AM
Obviously I can see you woke up this morning and chose violence, I believe you saw the apology I gave after making an honest mistake leaving my post a bit confusing.

Despite reading my apology you still chose to hurl several insulting words at me, I don’t blame you though Mr high and mighty stuck up human, You were someone I looked up to as so many others here but not anymore you can keep your degrading comments to yourself.
I rather listen to simple understanding people than online bullies like yourself.

I'm quite surprised at your reply and fact that your so easily forget that we are all here to learn, I don't thinkthat there is anyone of us here that is more knowledgeable than Jay in this thread and if you really want to get something then you have to humble your fucking self, I believe you have also meet some annoying teachers in your classroom when you were a kid, I must ask how did you handle them?, by stop coming to classes, then your the pathetic one here, a little insults and your feed up and want to leave, it's fine then leave and when ever you face some issue don't come crying back.

Most importantly this is a social community and you must find all kinds of people here, let's forget the fact taht it's Jay, any other person here could hurl insults at you too and that should be expecting, well I'll just tell the best thign.
Develop a thick skin to such things and move on, Jay is not at fault here, you were the one who made the mistake and if you didn't notice that's is like a big crime here with the penalty of insults  Grin, so bro suck it up and grow.
43  Local / Politics and society (Naija) / Re: The enemy of success on: June 09, 2024, 09:21:29 AM
Procrastination is a real enemy of success and can cost a lot to a person's future if not dealt with, what I've noticed is that peopel taht Procastinate don't have a senece of priority and that is why they have to approach live that way, they feel to relaxed about everything and woudl only function when under pressure, that is a wrong approach to life,its better to get thigns done quickly and finish task early and then rest.
44  Local / Politics and society (Naija) / Re: The Impact of Bitcoin to Nigeria Economy on: June 09, 2024, 09:16:25 AM
Well your government states otherwise, haven't you heard about the recent news about crypto been a major source for our currency collapse and how they had to arrest one of Binance representatives that came to Nigeria, p2p has now been a difficult thign in Nigeria since Binance stopped and many people don't know other alternative and this in some way has weakened the adoption going on in Nigeria, well I think that the government has some secret plot against crypto currency in Nigeria, but we would find out soon enough what their real intentions are.
45  Local / Off-topic (Naija) / Re: What define you is how you spend on: June 09, 2024, 08:55:37 AM
Omor this is a very good and candid advice, shy to say this has been an issue for me lately, I've been earning over 30k weekly but I can't find myself saving any money despite staying in my mom's house and not having any serious expenses like food bills or house bills, at least even if I am able to save at least 15k a week that would be a good advantage for me and I would be able to achieve a lot of thigns that way. Spending too much is a fools habit and that is something that must be corrected.
46  Local / Nigeria (Naija) / Re: Bitcoin gives hope. on: June 08, 2024, 10:29:33 PM
IMO bitcoin is only hope for those that are taking any positive steps towards accumulating it, you may know a lot about bitcoin and even might have a little but what does a few stas matter, the true journey here is to accumulate as much bitcoin as you can so that when the rest of the world realise themselves it would so expensive and you have already gotten a lot of I at least, right now we might think that bitcoin is expensive but what about when it gets to 600k, what woudl your 30$ investment matter, but at least right now it is still a palm full and if you can keep up with that DCA strategy then you would surely have something at the end of the day.
47  Local / Nigeria (Naija) / Re: Reason people are so adamant to invest in Bitcoin on: June 08, 2024, 10:23:34 PM
Well at this point I think it's beyond their fear for fryd that is stopping them, bitcoin has stayed long enough for them to confirm that it's legitimate and lots of positive news about the price is also out there to encourage them, so if its not fear and its not the price then what, I'll tell you, its lack of knowledge, many people have heard about bitcoin but still doesn't know what it is, no has told them and despite this information been online they won't search it to find out, and those that know about it are still thinking that hey need to buy a whole bitcoin to have one, they Don know taht they can start accumulating bitcoin little by little through the DCA strategy and they don't even have any idea what that is, in my opinion we might not need to preach to anyone about bitcoin or to tell them is legitimate but still people need to know what bitcoin is and the freedom it offers over fait and how they can start getting it with the little they have, now this is what the public doesn't know and that's what we need to teach them.
48  Local / Off-topic (Naija) / Re: How To Progress as A Nigerian and Have a Succesful Life Despite the Situation at on: June 08, 2024, 10:14:09 PM
Technology has brought hope to Nigeria in so many ways, no many people can earn online in foreign currency that us far better than ours, more than you wouldn't believe the amount of Nigeria that are living off airdrop and bounties with crypto currency, so yeah Technology has been good to us, but to take that to another level you have to consider learning some high paying skills like affiliate marketing, programming and ui/ux design, theses skillscan enable you earn up to 5000$ per month is you get to work for a good company, so I believe we can still take more advantage of this opportunity.
49  Local / Nigeria (Naija) / Re: How to avoid bitcoins and other crypto fraud on: June 08, 2024, 10:08:09 PM
Avoiding fraud in the world of Bitcoin and other cryptocurrencies requires vigilance, education, and the use of best practices in managing your assets. Read the full article below for tips on avoiding becoming the next crypto scam victim, but for the tldr:

1. Don't send cryptocurrency to people who claim they will "double your money."
2. Double check that you are using an official website, not a malicious copy of a website.
3. Be highly suspicious of anyone who cold-contacts you by direct messaage, email, etc

We as newbie we really need to be very careful and take our time to learn
Not to rush things because the forum is very wide and full of scammers

E.g read more and pay very good attention to our high rank leaders

In conclusion to that to be safe just remain cautious and inquisitive to any new crypto currency or anyone that looks promising or gives promises that would make you rish, when you are not cautious your letting your guard down and would not want to investigate further to know and test if the project in front of you is worth investing into or not and that say do your own research.

Avoid greed. To be safe here you must learn to control that urge to get rich quickly cause they is no such path like taht in crypto currency, unless you wanna be a candidate for the next rug pull, if then be my guest.
50  Economy / Speculation / Re: Road to 100k? on: June 08, 2024, 09:08:35 AM
When the price of Bitcoin is slightly close to touching another ATH. Basically I would focus more on investing or accumulating bitcoins rather than business because the word business seems short-term. Accumulating Bitcoin for long-term goals and holdings focus on managing more without feeling the pressure to sell as its value rises.

The overall goal is the same as profit in the end, I like short-term trading even though the risk is also quite inherent and for profit if I can get it with small capital, for example $ 2-5 in a day, that is enough and if it is collected quite well in 10 days.

So. I will collect everything and buy BTC once when it's time. Today there is a descent but I don't want to go in yet because the descent isn't optimal yet.

The DCA strategy also allows you to invest daily if you want to, if you can invests evn as little as 5$ Daily in a while month you would have an average of 150$ invested in bitcoin and why I love it is cause at times I might not have developed the character to invest a whole 150$at once but wirh DCA im gradually investing little amounts that can pile up to be something great on the long run.

It also has other cool advantages too like

1. It protects you from high market volatility since you would be buying at intervals.

2. It is a beginner friendly method and requires very little knowledge about investment to start.

3  you can start buying with your little funds.

DCA strategy is good for beginners and many has confirmed it. So if your goal is buying then buy with DCA METHOD.
51  Economy / Speculation / Re: Buy Buy Buy or Sell Sell Sell? on: June 08, 2024, 09:02:31 AM
Exactly that's why most time I don't advice anyone that haven't gotten far in his Bitcoin accummulation to diversify his cash in other investment rather focus on building a nice Bitcoin stash first in his portfolio, before thinking of diversifying yah cash .

Because you doing it now (diversifying) , will only slowdown your Bitcoin accumulation rate . And when it comes to Bitcoin having a small portion ain't encouraging at all , that's why you need to build some good stash through various means of accumulating though it. May Taks time but still worth it .

May be after reaching your accumulation goal you can focus other investment by diversifying yah funds.
Diversification is a strategy designed to protect the capital of the investor, this way if a sector in which they are invested does badly, their portfolio can still offer them a good performance if the rest of the markets are doing well.

But when it comes to building your wealth, concentration is the way to go, investing in too many markets and assets distracts you and dilutes your capital, but by doing the opposite and investing only on the best asset possible, you can dedicate your whole energy to it and become an expert much more quickly than if you took the diversification route.

Besides a great deal of the time the people that claim to use the diversification strategy, do it to invest in shitcoins which is not true diversification, not only because they are not investing in a different market than the one bitcoin created, but also because by doing so they are increasing their risk instead of reducing it, which is the true aim of diversification.

In my own point of view, when it comes to investment away from cryptocurrency generally, diversification is key and an important player in giving an investor financial stability, but when it comes to digital currencies, their is nothing to diversify, because their is no substitute to Bitcoin, Bitcoin is king, their is no other coin that is better or even close to Bitcoin, so what's the point diversifying, so in essence is that, if it's an investment outside crypto, then diversification is very good, because it gives you stability, but in crypto, it's either you invest in Bitcoin which is the real deal or get burn by alt or shit coin.

Lastly, as a Bitcoin investor that we are, we should try our possible best to have a very good stash of Bitcoin in our possession, then after then, we can think of investing in some other business away from crypto, to secure our future.

The point is you don't build wealth by diversification, what's the need of having so many asset and so little invested in all, as a bitcoin investor you should focus on building a good stash in bitcoin first before you think of diversifying, then when you have at least a while year of your living expenses in bitcoin then you can consider diversifying into other asset.

Bitcoin right now has more potential than any other asset I know, so it's a better idea to focus on building my Portfolio in it and this could take up to 4 years before I can have a whole year of my living expenses in bitcoin because of how much I'm investing now and it could also differ with someone else.

If your trying to build wealth don't rush, focus on one and when it has grown and you have a good amount invested then you can diversify into any other asset class of your choice.
52  Economy / Speculation / Re: Buy and HODL! on: June 08, 2024, 08:57:23 AM
HAPPY NEW BITCOIN ATH DAY!

No, it has not surged to a new ATH yet, but it's going to be today, or perhaps tomorrow. Cool

Plus JayJuanGee, the topic has become yours with the wisdom that you have imparted with plebs and with people who want to learn more about investing like me. Buy the DIP, or DCA are both good as long as the individual HODLs. It's probably better if the topic's title is changed simply to "Buy and HODL!", no?
I thought the same thing when bitcoin broke to $72k. Let's watch and wait patiently as bitcoin keeps surprising us. I like the idea of changing the name of this thread. Even though we have told newbies not to time the market, they should accumulate bitcoin with the DCA strategy so that they can accumulate bitcoin anytime their money is readily available to be able to have a reasonable quantity of bitcoin in their possession. Some newbies will not listen; they will go ahead and buy the dip. Since there is no buy-the-dip in the new name of this thread, it will also guide newbies not to be concerned with buying the bitcoin dip. Thanks for the new name, @Wind_FURY. 
Every DCA strategy and the idea of ​​depositing bitcoins with it is groundbreaking for every period. New investors like to wait for dips but for them the DCA concept is going to be very exciting as it increases the stack of Bitcoins over time and by buying every month or week regardless of the price. You can increase your deposit amount when your floating point amount is high. New investors or depositors should prefer to keep their Bitcoin holdings high on the list as it is on the verge of another ATH touch and may cross $100K within this year. One of the most notable features of the DCA strategy is that it shows the unit price average of Bitcoins over the course of the year by purchasing multiple time periods, which gradually decrease over time and the stack size increases.

Using DCA strategy doesn't necessarily mean that your average buying would reduce over time or increase, it all depends on how you do it, like buying too much with DCA at very high points of the market would increase your average buying amount and to balance that out you also need to buy more at lower prices too, so it all depends on the buyer, while we are all preparing for up we should also consider to start keeping some extra cash incase of any dip that might occur and we dont know what to expect next, so it's good we plan both side and keep our heads low on expectations.
53  Economy / Gambling discussion / Re: Which are you more attracted to: -10 (favorite) or +10 (underdog)? on: June 08, 2024, 08:48:56 AM
Is that not handicap that you meant? I do not like going for handicap. Some people like it especially to go for the weak team with minus that the strong team will still win them. I do not know much about basketball but I have gone for -2 in football before. But I do not like handicaps. I prefer to just go for the tram that would win but it can be a small odd for the strong team unlike handicap.

I do play handicaps but not often, the thign about picking Handicap against the weak team is that, I've often seem stronger than not able to score much goals as expected against weak teams and that could be at your disadvantage, but in the Turkey leauges, they have two outstanding teams raring from last seasons performance, fernabache and gatasaraway I don't know if I got the spelling right, but they are normally my picks for a Handicap match.
54  Economy / Gambling discussion / Re: In Your Country Who Gamble More? Young Ones or Elderly Ones on: June 08, 2024, 08:39:11 AM
I don't think your right cause I live in Africa too and in my area and country, elder ones play gambling more than younger ones, have you seen the crowd of elderlies outside a gambling shop cause a lot of em don't use their phones to gamble and they rely on gambling shops, IMO since I can't tell how many youths use online casinos, I'll just say that elderly ones use physical gambling shops more and youths use online casino more, no numbers here no facts.
55  Other / Off-topic / Re: Is it possible to inherit a gambling debt? on: June 08, 2024, 08:36:10 AM
If you want to borrow money, there must be a collateral. If there is not collateral, there must be one or more guarantors. I do not think anyone can be a guarantor of a gambler. It is the father that have the debt and if he dies, his family will pay with the properties or works that the father left on earth. I do not think the son have any problem with his own property. That is why it is good to have your own property and be independent.

Well it's possible that the garantoors maybe trusted friends or even family member that had no idea that he wanted to use the money for gambling, its also possible that it wasn't his initial reason to borrow the money and maybe passing by a gambling shop he couldn't control himself or maybe just decided to fund his betting account and that's how he ruined it all.
56  Economy / Gambling discussion / Re: Online casino gambling is more of profit chasers while land base is more of fun on: June 08, 2024, 08:33:51 AM
Online casino doesn't have much fun involved its just straight to business and it shoudl have more profit chasers than land casino, besides I have never found any activity in an online casino fun, their games aren't even that interesting to watch or anything its just all about money, but you could enjoy every other form of gambling like staking on a football match your playing with your friends or a tennis game with friends, those are intresting.
57  Economy / Gambling discussion / Re: Tell me the unexpected problems you've encountered in a casino? on: June 07, 2024, 10:11:14 PM
I've had issues verifying my identity with my local national identity number with a casino once, it was a horrible experience cahse I wanted to withdraw my money from there and there had me go to the bank to change my account name to match my nin details before it could work, it was such a stress and I had lots of finds in there, I lost hope that thought my money was gone before a friend told how to go about it.

Some casino better go start telling people more about how they work before letting us fund our accounts.
58  Bitcoin / Bitcoin Discussion / Re: Why are banks against cryptocurrency? on: June 07, 2024, 07:47:20 PM
I hardly see banks in any competitions with bitcoin, banks have a role of circulation of fait money and I know that many banksay already be anonymously invested into some crypto project and even bitcoin and its not as tho bitcoin can replace fait as the government approved medium of exchange, IMO bitcoin is here for something different than to compete with banks.
59  Other / Off-topic / Re: Is getting addicted to gambling right or wrong? on: June 07, 2024, 07:41:50 PM
The answer to this question im sure everyone knows and you too, why woudl you want to get addicted to gambling when you know it could destroy you and wreak you finances.

Gambling addiction has cost some people their marriages , some children, some lives and many more, im sure you don't want to join the list.
60  Economy / Gambling discussion / Re: Do you believe in gambling experts predictions? on: June 07, 2024, 07:39:23 PM
A gambling expert brought i and some friends a guaranteed predicted game and asked us to stake a a high amount so that we winning could be huge and so we can give him a percentage of the money at winning.

I don't believe there could be a 100% guaranteed game but yet my friends who are eager to make profits in the gambling accepted to play the gamed as instructed and at the end of it, they all loosed the game and at then, the rest of us were happy because we didn't play the game else we would had loosed as others.

I want to ask, do you believe in experts gambling predictions?



Think of it this way if that game went the other way I bet you woudl be the his next customer, while I don't believe that sure games exist or any thing like a gambling expert, I'm sure that they are people that are good at predicting matches and have a high win rate.

I do have a friend that does that while he is never willing to play his games himself, it's quite outstanding that his predictions has a high chance of entering and I have benefited from him for a long time.
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