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461  Alternate cryptocurrencies / Altcoin Discussion / Re: How much interest do you earn from your USDT? on: April 22, 2024, 06:50:40 AM
Can anyone help explain to me my staking and keeping the USDT in an exchange is better than just buying promising assets like Bitcoin and just waiting it out until the market pumps. I do have some friend who even lost money trying to stake on platforms that filed for bankruptcy during the bear market, like Celsius network.
What you said makes common sense, because I think too that the best place to earn profit or interest in this road to bull run is in an asset like Bitcoin, you hodl it and in one year's time you're getting a good ROI, after the bull run, then you can consider staking it on a reputable stablecoin. In the crypto space, it's mainly Bitcoin that I can leave my money in and feel very comfortable, if I however want to choose an exchange to stake usdt, I'll be more comfortable with Binance, because it's a reputable exchange.
462  Local / Off-topic (Naija) / Re: Reason why some pipo run do fraud. on: April 21, 2024, 03:52:06 PM
People no de teach odas wetin dem know na im make we Africans no de move forward, our forefathers dem wey sabi better medicine to take cure many sicknesses and to perform wonders, some of dem de so selfish wey dem go die with all dos powers and skills without teaching anybody. E de good to teach people wey get genuine interest to learn, even if dem no get money to pay to learn, because you don reduce poverty as you help di person, tomorrow, himself fit to help anoda person and poverty and dependants go de reduce.

Anybody wey enter yahoo or arm robbery because of poverty or im no get helper, make you know say criminality don de for im blood before, e get people wey de for di same situation but criminality no be option for dem. I don see youths from rich homes wey de into yahoo scams, abi na poverty cause dem own? Life na choice, so we de responsible for all of our actions.
463  Alternate cryptocurrencies / Altcoin Discussion / Re: What's in For Altcoins after the Halving? on: April 21, 2024, 02:46:55 PM
It has been a good ride for Bitcoin before then halving and now that it is done with, the momentum seems to have gone down, and as we all know, after the Bitcoin Rally, altcoins react to it. Do you think the rally of altcoins will start now or we should continue with our trades like nothing happened?
After the halving, we're expecting Bitcoin to rally first, and it's not going to happen overnight, we're looking at some months before Bitcoin will actually start to be bullish, so altcoins rallying will have to come after Bitcoin. This means that as it is now, we're focusing on Bitcoin to lead the way for altcoins to be bullish, I know that in due time top altcoins will be rallying to new ATH, hopefully all this will happen by the end of this year or in the first quarter of next year, so keep buying your trusted altcoins.
464  Economy / Economics / Re: It's better to invest now than to regret it in a hospital bed. on: April 21, 2024, 01:34:18 PM
Bitcoin investment is very important to secure ones future in old age, because it's a store of value and from experience since it's creation, it's price has continued to increase, which we hope will continue to be so. Therefore an investor can continue doing DCA method till their retirement, at which time, it'll have accrued massive ROI that can comfortably sustain the investor, and their inheritors can continue to enjoy their wealth.

Having the knowledge of Bitcoin investment and it's advantages is not enough, an individual needs to have the money to invest, a person needs to have money that'll carter for their basic needs first before talking about Bitcoin investment. So it's important for a young individual to get a second job or learn a skill to be able to make extra money for investment.
465  Economy / Economics / Re: Which country proposed the establishment of BRICS? on: April 21, 2024, 12:47:02 PM
The country that will be the first to propose the formation of BRICS would be China, probably seconded by Russia, this two world powers are in the forefront to dethrone the US dollar as the dominant recognized currency in the world. China, with their advancements in technology and being a leading industrialized country, that exports it's products to the rest of the world will not want it's competitor's currency, US dollar to be the medium of it's exchange. So the BRICS formation should be primarily to reduce the influence and dominance of the US dollar in international trades, we'll just have to watch and see how it materializes.
466  Economy / Speculation / Re: Why has bitcoin prices not increased just after halving ? on: April 21, 2024, 09:44:41 AM
I suggested some friends to invest before and they are blaming me for the suggestion. I told them to wait for final effect as it can take some days for effect on prices but they are impatient.
Did you not tell them about the (short term) risks also? Someone that is not patient can not hold bitcoin. Know that it can take months before the price will start to increase to the extent that we can call it bull run.
Bitcoin is not a get rich quick scheme, it requires buy, hudl and wait patiently for the right price to sale, that is why it's better as a long term investment, so you'll not have the mindset of overnight price pump. This is my first halving, and from my research of previous halvings, price pump doesn't start immediately after it, it'll normally take months before we'll begin to see it, and that'll be the bull run. I guess the OP didn't research well before making promises of price pump after halving, to his friends, I guess he has to do the needful by letting them to understand how halving and price works.
467  Other / Politics & Society / Re: The Resurrection Of ISIS on: April 21, 2024, 08:26:28 AM
With much of international attention gripped by the ongoing war in the Gaza Strip, Russia and ukraine war, the Islamic State militant group (ISIS) has been steadily ramping up operations across continents and setting the stage for a resurgence of global mayhem.

https://www.newsweek.com/gaza-attention-isis-global-comeback-1882346
This is clearly a bad news, I didn't hear this news about evil ISIS unleashing their terror in a concert in Russia, this is a bold step for them to strike in Russia. I guess that it'll not be that easy to totally crush them because they sponsor terrorist groups in different countries, like in the northern part of Nigeria, where innocent citizens are being senselessly killed like chickens. I think that one of the ways to checkmate ISIS is to continually monitor how they fund terrorism in these countries and prosecute their financiers, because without money, they can't purchase arms and ammunition, including other logistics to carry out their evil acts.
468  Other / Beginners & Help / Re: Where best to enjoy this forum... on: April 21, 2024, 07:29:21 AM
I think that when it comes to convenience and clearer images, the computer is more preferable than the mobile phones, with a computer you can relax and engage in the forum activities business-like, than with a mobile phone. I however use a mobile phone, because I don't have the luxury of sitting down during the day to navigate the forum, I can move around anywhere anytime and easily bring out my phone and brows through. So a mobile phone is better for me because of easy accessibility to the internet anywhere that I am, so far there's internet connection in the location.
469  Alternate cryptocurrencies / Altcoin Discussion / Re: Is DaddyDoge (DD) Worth Investing In? Let's Debate its Potential to Reach $1.00 on: April 21, 2024, 06:53:28 AM
In such investments, do not focus on the investment reaching one dollar, especially with the large offer, as Doge did not reach one dollar, and it is impossible for DaddyDoge (DD) to reach that price, so make the investment short-term and focus on making profits from the change in price by a certain percentage.
Generally memecoins are risky and investors should understand that they're gambling their funds when buying then, because despite your research, the project can still end up a shitcoin, so if you're bullish with any of them, just invest the amount that you can afford to loose. If the OP wants to take his chances on this DD project, then by all means it's his money, but like other members on this thread, I don't think that it'll hit the $1 that the OP is being hopeful.
470  Local / Nigeria (Naija) / Re: Bitcoin no be for everybody inside Nigeria on: April 20, 2024, 04:32:11 PM
When we talk about Bitcoin and it's adoption for the Nigerian space, we go understand say many people wey dey even here about Bitcoin sef na true the wrongs ways like some of my friends for which day just dey blah about cryptocurrency trading and how people dey make am especially when you trade Bitcoin, all these nonsense na watin him dey vomit without even understanding or knowing what is involved in Bitcoin trading or the cryptocurrency market as a whole base on the aspect of its volatility.
I believe say many people for Nigeria, no understand di difference between Bitcoin and altcoins, for dem mind all of dem na cryptocurrency, so if dem scam dem for one shitcoin, dem go put di blame on Bitcoin, dat na one of di reasons wey I talk say Bitcoin no be for everybody. Some people no go take time to research or ask questions about Bitcoin, dem go think say na Ponzi, or one get rich quick scheme, na so dem go ignorantly put money for one hyped scam project and dem money go vanish, in the end dem go think say every crypto coin na Bitcoin, so person supposed de enlightened, odawise Bitcoin no be for am.
471  Alternate cryptocurrencies / Altcoin Discussion / Re: Will altcoins ever cheap again? on: April 20, 2024, 03:31:15 PM
Now crypto market is growing super faster along with Bitcoin. Altcoins are become so expensive. People who keep waiting to buy altcoins with cheap price during Bitcoin halving, are disappointed cause market is still on up trend. Sometimes little dump is happening but market recovery also done so fastly. So what do you think? Will altcoins ever cheap again? Or you are buying overprice altcoins?
I don't understand your statement, I thought that Bitcoin bull season is what precedes altcoin bull season, and Bitcoin bull run has not fully kicked off, so I don't see how altcoins price is overpriced now. I believe that it's not late to start buying altcoins that you think will bull in this season, because when Bitcoin is bullish and investors are getting ROI they'll want to diversify and reinvest in altcoins, that's when the alt season will start and their prices will become high. Remember that it's not all the altcoins that are worth investing in, so carry out your own research first.
472  Bitcoin / Bitcoin Discussion / Re: Happy 4th Bitcoin Halving on: April 20, 2024, 02:44:55 PM
Happy 4th Bitcoin halving!

This is my first experience of halving and I feel very excited to be a part of the most anticipated event in the crypto space, infact the feeling is like counting down to new year, and suddenly it's time and it happens. I'm now looking forward to what the post halving will be like, how it'll affect Bitcoin price.
473  Economy / Economics / Re: Countries with economy power controls the world. on: April 20, 2024, 01:57:25 PM
There's no question about this, it has always been the ways of mankind, for the powerful, rich and influential to manipulate and be Lord over the poor, weak and the unintelligent, from invasion, colony to slavery and now giving aid to poor countries, while they milk all their natural resources. The problem is that the leadership of these backward economies are so corrupt that they're willing to sale their countries to the rich economies by collecting huge loans from them to enrich themselves, then their poor countries will live at the mercies of the developed countries, second slavery.
474  Economy / Speculation / Re: If China Supports Crypto, Where Can Bitcoin's Price Go? on: April 20, 2024, 12:45:46 PM
But I don't think that will actually happen because China is all about control, and Bitcoin is about freedom.

I understand that China, has not totally banned cryptocurrency, it's only mining that is illegal in that country, although I'm not familiar with the laws regarding their crypto usage, I however agree that if there's a total adoption and liberty to use Bitcoin, it'll make impact. China, has the population to drive Bitcoin adoption to the next level, it can also make the demand to become higher which will make price to increase. But there's a clause to Bitcoin massive adoption in China, because as you've noted, they're more of a secretive and controlled economy, which is a total opposite of what Bitcoin represents, decentralization and freedom.
475  Economy / Trading Discussion / Re: Should trading be for the rich? on: April 20, 2024, 11:25:23 AM
There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?
Trading is not for the rich alone, neither is it for the very poor, I think that anybody that earns steady income from their work or business can do crypto trading, the amount of income that is earned will determine the level of income that will be used for trading. Therefore crypto trading should be an alternative source of income, where the trader should not solely rely on it to make money, because there's no guarantee that he'll be making profit everytime to take care of his responsibilities. Trading is hard and it's not for the unemployed who're looking for a means to make money, you need to have some money on ground before going into crypto trading.
476  Other / Politics & Society / Re: Why democracy is stalling in Africa on: April 20, 2024, 10:19:08 AM
The common man in Africa, needs democracy, so that they can elect the right candidates into power that have the qualities and characters to take their countries from poverty to prosperity, but the truth is that there are forces that don't want Africans to have true democracies. It's not necessarily spiritual forces, but wicked individuals that are cabals and mafias, and wants Africa, to remain in backwards and impoverished state, while the rest of the world is progressive. This is why elections are a waste of time and resources in most African countries, in the end the masses votes won't count, elections will be rigged and the unpopular candidates will be declared winners, and there's nothing that the citizens can do about it. The powers that makes things happen in Africa, are not prepared for democracy yet, this is my submission.
477  Other / Beginners & Help / Re: Bitcoin halving security tips for first timers. on: April 20, 2024, 08:51:31 AM
Thanks to the OP for sharing this tips, it's better to be informed as newbies and be reminded as experienced members, so that if we're faced with any similar halving scams, we'll remember that we've been forewarned about them. I've not had any halving experience, but I'm quite knowledgeable about it from my interactions in this forum, and I'm sure that I won't fall for any post halving scams. Newbies should be especially careful and watchful about any free giveaways and airdrops that's related to halving, I just have the feelings that scammers might try to cook up some scams to try and dupe some naive newbies.
478  Alternate cryptocurrencies / Altcoin Discussion / Re: Solana Shatters Records: Over 2000 TPS Achieved! on: April 20, 2024, 07:15:07 AM
I'm really glad for Solana right now. After a lot of ups and downs happened to this network, they still managed to stay and still on the top.
With their issue about down times, being offline, and related to FTX Exchange, they are doing pretty well right now. They are proving that layer-1 is still kicking even though we have a lot of layer-2 networks right now.
I'm glad for the Solana, network too, after almost being pronounced dead, they were able to bounce back and become the most talked about altcoin, I believe that they'll keep improving and becoming better. Their network congestion is a testament that it's been frequently used, I know that it'll soon dicongest. Also their TPS achievement is a plus, nonetheless.
479  Local / Nigeria (Naija) / Re: Advantages of Bitcoin halving on: April 19, 2024, 05:00:01 PM
Bitcoin miners no suppose complain about their rewards wey de cut in half during halving, because plenty times wey we de get network congestions wey transaction fees go skyrocket, dem de get over plenty rewards, unto say dem go first confirm di transactions dem wey carry plenty fees. I de very happy say Bitcoin system de very organized, especially for dis time of halving wey de create scarcity, after dat demand go increase wey go eventually make price to increase and we go enter bull run. So make we no join odas to panic and sale as price de dip, Aldo e don appreciate small today, after halving bull run go gradually start.
480  Alternate cryptocurrencies / Altcoin Discussion / Re: Where do you see NFTs heading in the future? on: April 19, 2024, 04:22:34 PM
I think that NFT will remain to be a niche product. Most of them are ugly, so people won't be buying them as a piece of art. Trading them is really volatile and unpredictable, so that suits not for everyone either.
Sometimes I look at NFT artworks and I wonder what their use case in the crypto space is, they'll probably appeal to the super rich art collectors who're into the types that NFT showcases, other than that I personally don't see them being relevant in the future. Besides, for the majority of people, I'd say who needs a masterpiece that costs a fortune, when you can copy them or buy a lookalike on the roadside, except again for the these elites who'll like to show off that they hold the originals .
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