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481  Other / Beginners & Help / Re: Newbies take bitcoin as long term Choice to get the best out of bitcoin on: April 25, 2024, 07:11:58 PM
The long ride is what many people are not prepared for, I bet that those newbies who are borrowing money to invest in Bitcoin will avoid it when they get to know that it's a long-term hold thing to make money from Bitcoin.

Borrowing money to invest in bitcoin is a no go area for any newbies, infact not even good for anyone to borrow to buy such a high risk asset like bitcoin, because doing so can lead to more devastating outcome and also put the investor under pressure to cash out the investment and that can build impatient which is against the original profits approach in bitcoin.


Bitcoin is designed for long term perspective and if anything happens in the short term only those that have knowledge and understanding of the risk involved in taking short term stands may be able to make any profits.
First of all, there is no fixed time to when the price might go up and again their is no assurance to know if the price will go up in the time frame you took the loan so the option of collecting loan is a definitely a NO NO. Bitcoin is the best crypto out there and it has proven this time without number so what anyone needs to do to get some good vibes off their investment is to actually go for a long term investment rather than taking huge risk of collecting loan when you know the price is always volatile.
482  Bitcoin / Bitcoin Discussion / Re: The impact of Bitcoin halving and my opinion on: April 25, 2024, 07:04:47 PM
Bitcoin halving is part of the genetic mottion to complete bitcoin program in a circle and it's of which every events of bitcoin of a circle is advanced to the previous circle such as the ATH.
About the impact of bitcoin halving, yes it does have huge impact of bitcoin promo by which it's an event period which limits bitcoins price and increases the number of Investors. This alone is a huge impact to bitcoin.
This will be the first real halving but due to the knowledge I have gather from the community, I am led to believe and understand that the halving is significant enough for everyone to step up their game and buy more coins. Due to the past records, it's believe that the price always goes up whenever it's the halving years and this has place a mentality on all Bitcoin investors to actually buy more coins during this period and people get encourage more to buy during this period because there is actually a nice price for those types of investors that are always scared of the DIP or bear season.
483  Economy / Gambling discussion / Re: What are the biggest mistakes made by beginners in online gambling? How can they on: April 25, 2024, 06:57:49 PM
Perhaps the biggest mistake that beginners make in gambling is that they lack risk management - they tend to gamble according to their wishes and don't care whether their money is sufficient or not. This lack of risk management makes them gamble without knowing limits, chase losses too aggressively, and become emotional, which affects their financial condition. Beginners can avoid this by learning to manage their money and as much as possible to regulate their emotions, so that it does not affect their psychology to gamble continuously and make gambling activities something that is detrimental to them.
Well I can tell you that this particular situation isn't only tagged to newbies because almost all gamblers both veterans and newbie has the ability and possibility to exhibit such habit especially if the gambler sees it as a means of earning money but if you are free on the note that your habit is strictly for fun then you are probably covered.
484  Economy / Gambling discussion / Re: What are the biggest mistakes made by beginners in online gambling? How can they on: April 24, 2024, 10:24:24 PM
One common mistake I've seen lots of gambling newbies make in online gambling site is, that they are beginning to develop skills and wining strategy by studying the game, which will make them gamble more, and each time they come up with a mindset that they have learnt new strategies. I often laugh to my satisfaction whenever I am being presented with these idea by newbies. Unknown to them that they could easily get addicted if they keep on thinking they are learning winning strategies, while the major overall outcome of their gambling experience is a huge loss. The earlier they realise that gambling is a game of luck and not a skilled game, the better for them.
485  Local / Politics and society (Naija) / Re: Why human investment dy rewarding on: April 24, 2024, 10:13:44 PM
Dem say one of the way to measure a man's worth Na the kind of people wey e go get as network wey if e put call dem go respond ASAP. Most especially this country if you really want do well you need get connecting in one wey or the other, so that you go fit get back up/ back bone wey you go fit call should in case say anything sup. Na why e dey good to get good character first so that e go help sustain your human investment and relationship with other persons. E dey very good to give, but no go over work yourself all on the name of trying to please one persons. This period e get the way everybody dey very conscious of Wattin dem dey give out due to the economy situation currently.
486  Local / Nigeria (Naija) / Re: We Don dey enter halving and fee is getting higher on: April 24, 2024, 09:57:09 PM
Normally this mempool congestion matter Na normal thing especially when e don dey reach public seasonal holidays or any event wey dey very significant. Just line the halving, this Na time wey many people go either dey buy or sell their Bitcoin because of to buy altcoins, because it is believed that after Bitcoin halving come the bull for altcoins, but some persons still dey buy more because of the dip wey fit occur to maximise their profit. If person use money wey e dey get from signature campaign take add up to em DCA investment no be bad thing from this period, because later for life n Naim the thing go come dey sweet. So when e reach the dips make we no loss interest in buying more oo.
487  Local / Nigeria (Naija) / Re: Advantages of Bitcoin halving on: April 24, 2024, 09:41:57 PM
Truly Bitcoin halving come with many benefits and e dey touch everybody round, Na just miners Naim go first dey reason say their chopping don cut into two, but after when bull don start, dem no go reason that one again because their reward price go come get value, but before then make we no forget say them dey enjoy the increase in transaction fee just as makus talk, the halving they reduce the supply and increase de scarcity wey go come latter make the price increase wotowoto. Though based on the amount them dey spend on electricity I no go fit talk say dem dey make am well well, but one thing is certain, say if profit no dey many for don quit.
488  Local / Nigeria (Naija) / Re: Local Board Moderator; Your honest feedback here. on: April 24, 2024, 09:28:07 PM
The cry for a moderator in the Nigerian local board is not a recent  issue that needs to be addressed, and  seeing the application of igebotz, it gives me joy knowing that a trusted and we'll reputable member of our local board is applying for the position of our moderator. Igebotz has quite a good record and reputation he has built in this forum. He has in time pasted shown the qualities of a good moderator, when the boards was filled up with shitposters and shitpost he help introduce a system that kept the local board posters with the consciousness of making a good quality because they receive tag for shitposts. To be honest that helped keep the local board in a good condition. I support igebotz for his moderator application in our local board. He is a trusted user.
489  Economy / Gambling discussion / Re: No gambling today due to bitcoin high transaction fee. on: April 24, 2024, 08:47:17 PM
That might only be our range but what if we are addicted?
I think we wouldn't mind paying 50 dollar for the fee and still have a 50 dollar left for play.

For those gambler whose money is only 50 dollar and below, maybe they will choose lightning network for a while because you know that was still part of BTC and I saw that many casinos now started supporting lightning network.

Bitcoin price is still the same dump, so maybe that was true that the rise in its fees are caused by the halving and it can take a while for the fees to get sorted out. I know this is not the first time the BTC fees increase insanely this high and I am expecting these high fee trend may continue until bitcoin prices rises up to the level to compensate the miners for same amount of fees in satoshi.

This is where the use of stable coins come in. The liquidity of stable coin is an added advantage to their network especially when Bitcoin mempool start getting congested. So if a gambler is addicted, he might want to use stable coin or any other coin that has higher liquidity than Bitcoin at this mempool congestion period. If a gambler is addicted he'll take the chances of risking even more fee to get very small Bitcoin deposit, because when they are not patient to make good decisions they will eventually end up getting broke if they have all their asset in Bitcoin. Most of those gambling games that accepts Bitcoin are usually slot games which is a bit difficult to make huge win, and addicted gamblers will experience more losses this period of mempool congestion.
490  Economy / Gambling discussion / Re: Claw Machines: a category of gambling? on: April 24, 2024, 08:13:06 PM
In addition to this, Even 3rd party game providers like slot games doesn’t disclose their source code for the games which is why there’s no way to verify the fairness of the game. They are considered as gambling not because fairness is available but rather people risk money in exchange for a chance to win.

Talking about fairness, it is something that is difficult to achieve in gambling and people will do anything to win. Both game providers and players have something in common because what they are looking for is victory, so verifying fairness is something that is difficult for us to achieve.
People who gamble don't look at the fairness factor, but as you said, they think that risking money in gambling can give them a chance to win. Despite the fact that gambling is more about luck and not every time we are in a favorable condition.

Absolutely correct mate, fairness in gambling isn't distributed uniformly. All casino and gambling always make the winning possibility minimal, so that they can make more profit while giving you the hope of making huge wins. One of the best advertising strategy use by gamble developers is the ability to make available huge wins that can be won using a small stack, but in real sense it would be very difficult to make that win, and that's why gamblers keep trying their lucks.The company behind the claw machine is smart for making a eye catching design, usually for more of the youths. However luck is just the basic explanation to the outcome, of any gambling game  and not skill.
491  Local / Off-topic (Naija) / Re: Laziness and pride on: April 23, 2024, 09:11:38 PM
Most people think life is a bed of roses where you can get anything you want so easily,  well some people are born with silver spoon while some are  not. Those who are not born with silver spoon instead of them to work or hustle genuinely they rather go into things that won't stress them,  things that are not genuine,  things that will lead to destruction,  things that are not worth it.
Most of our youth are so lazy to the extend that the houses they live in they can't clean it,  talk more of going to look for a job that will fetch them money. Like I said earlier most of our youth don't come from a rich background and yet they select the type of job they will do, a job that the least person in the society can do,  yes everyone knows that some job are hard but this category of people am talking about do not prefer anyone at all. 
However,  since this set of people have decided not to work for somebody or under person.  I think they should start learning cryptocurrency form their comfort zone at least it will save them stress but more time.


well I know that life is programmed to be so and only the willing ones are able to brake out and make a difference to their life or person wey suffer don really touch go know say the only option wey him get na to find way get up and start doing something tangible with him life. For this Nigeria na only person wey know where e dey pain am na go find wey adjust am.
492  Local / Nigeria (Naija) / Re: EFCC freezes 300 illegal forex accounts. on: April 23, 2024, 08:45:42 PM
Omo EFFC dey hot these days oo, if as if this their new boss really mean business because the rate of their activeness is something else because the rate of their arrest and supposed list of wanted criminals is something else. But my only problem with these people be all the money and goods wey dem dey cease na who dey actually dey even use am sef because the thing dey tire me and na so their last boss cease and make plenty arrest but squander and embezzle the same money wey dem arrest or cease for same reasons.
493  Other / Beginners & Help / Re: Fulfilling dreams with agriculture! on: April 21, 2024, 10:33:04 PM
Accumulating bitcoins has been my dream for a long time, but it never became possible due to lack of extra money. As I am a student it is not possible for me to earn extra money.

After many attempts I came up with a way that is possible for family prosperity and fulfilling my dreams. Being a student I am not able to get a job so after much thought an idea came up,
my father has some cultivable land which is about 20-22 percent.Where I plant some papaya seedlings, it is possible to sell papayas worth around $250-$300 per month from here as it is a high yielding papaya variety.

If I deposit $100 or $120 worth of bitcoins per month from here, how much will it benefit me? Is it right for me to invest more $ in Bitcoin than this? And should I invest the whole money in Bitcoin?
As agriculturist, it's better you see bitcoin as your side gig that you will be investing little by little, you don't have to use all the money from your profit to do that, the good thing is that you have a base where you get your resource from, the next thing is to ask yourself the kind of bitcoin investment you want, if your buying to hodl for a long period of time or you want to go into trading. If You want to hodl for a long time, there is DCA method that allows you to buy bitcoin in little quantity which is budget friendly because you choose a pattern that best suits you and it can help accumulate bitcoin over time, since that has been your dream.

It's always better and advisable to always use the DCA strategy when it comes to Bitcoin investment and the reason for this is because the DCA method is very fast in learning and making one Bitcoin investment goal and dream a reality so if am ever going for any strategy or plans of helping me achieve my investment goal its gonna certainly be Bitcoin DCA strategy or method.
494  Economy / Gambling discussion / Re: [1 to 3 days] a long running game good or bad? on: April 21, 2024, 10:25:27 PM
Multi game betting for me is difficult to win because of the numbers of games appearing as hurdles to cross before winning and most times you find that it will be unsuccessful like single or few games.
This is the longest multibet I have seen in a long time. I think there is a correlation between the number of bets and the chances of winning. Anyone doing this must have a high level of absorbing risk. It is high risk and patience. Obviously this is not the OP's first time for them to bring it to the forum and proves that they may have won in the previous multi bets. This may be different or it may not be.
If you are staying or from my locality then you would have understood the context of why many gamblers that I know of like playing multi betting in fact this habit is very normal among gamblers over here. Sometimes gambler tend to play only games that know they are certain about like a single bet but most person believe that the single doesn't bring good possible returns except the game is a comparison of different game with different odds .
495  Local / Politics and society (Naija) / Re: People scared to Invest online because of the failures of Ponzi schemes on: April 21, 2024, 10:15:50 PM
My people make una good evening, today I wan bring up something wey I notice for this our country Nigeria when it comes to this crypto space, We know say sometimes ago we been get plenty Ponzi schemes wey been dey collect money from people they double am, The most popular one been MMM, so after sometime MMM crash, and many people been really buy into the idea of investing online because MMM been dey deliver, but with time MMM come crash and most people money come hang,
Today i been dey discuss this Bitcoin halving with one of my female colleague, I been dey try wan convince say make she follow me Invest as I foresee a bull run by next year, but she come say she no go fit invest her money for  any online business again after waiting MMM do her,  I asked her why, she say she lost over 900k, I come dey try give her reasons why the two they completely different but she no gree , she say online business Na online business no matter how I want paint am, so my people I no know how una see am.
the thing be say because of the ponzi schemes wey don affect people for the country, many people come see anything wey concise internet and investment as scam related thing and na why people no even wan hear or understand watin Bitcoin dey all about. Some people dey even class am join say na yahoo something and na watin dem get and so far as you do anything related to internet dem don call you fraudster.
496  Economy / Gambling discussion / Re: Gambling addiction causes loss on: April 21, 2024, 09:51:40 PM
To be able to earn money of course we have to do work that can give us income and in gambling it is only luck that can enable us to win from the bets we place on gambling, those who think they can use gambling as a place to earn income of course they I have misunderstood gambling because I think of the many gamblers, of course they lose more than they win and I myself have never believed that those who gamble can win all the losses they have experienced with one big win that they get.
Winning becomes constant for those thay have gain access to the winning luck and key. We should understand the system and knows how to apply the basis. Gambling addiction will cause loss and we should be careful and be able to handle the top situations on ground. Gambling requires luck and solid strategies. We should be serious and upset with ourselves because the slightest mistakes will definitely make one lose huge figures.
So in essence you are trying to say that there is actually a formula or pattern to follow when gambling because from all my years and experience in Gambling I am led to understand that the only basic thing to do when gambling is that the person learns how to control their emotions because for sure he or she must surely face loses whether he likes or not the only difference is that he knows how to control when that time comes.
497  Economy / Gambling discussion / Re: Neymar being addicted to online poker on: April 21, 2024, 09:06:09 PM
when I saw the video I thought "Well he probably had a tournament still going on"
Or I thought
it could really be a masked advertisement for the poker house "affiliated" with him
because  continuing to play poker during the daughter's birthday is not the best thing... surely there is a "logic" explanation.
What is certain at  first glance it seems a terrible self-image not exactly the best thing.
The same was realized in other situation was completely another impact.
When you talk about it being an advert then that I can relate to because most of the characters of these star which we feel is off can turn out to be something else although their is still a strong clause to the reality that he is just same old gambling entice person that really love the poker game, i mean he is just human and do have habits himself.
498  Economy / Gambling discussion / Re: What the Heck Do Gamblers Mean By this Phrase on: April 20, 2024, 10:27:13 PM
I've always been puzzled by this phrase, "the flow of the cards". I've heard it from serious gamblers, but I've never really gotten the chance to ask them what it actually means. I am therefore turning to you guys to ask, what the do gamblers mean when they say it?

*The context for the phrase in which it is used is blackjack.
Well am not surprised i don't really know this phrase since am not really a blackjack fan or player. But I do know that there are quite a few terminologies that do exists in the gambling world and if am not mistaken some other games like soccer and basketball too has theirs and if it was any of these then maybe I would have been clued to have an idea about it.
499  Economy / Gambling discussion / Re: No gambling today due to bitcoin high transaction fee. on: April 20, 2024, 09:33:55 PM
This high fee is probably due to the 4th halving that was completed. I haven't seen this type of transaction fee this hight.

If you look at https://mempool.emzy.de/, the current transaction fee is  over $50 but in the past few hours it was over $100... So if you are a gambler who doesn't gamble that much like your range is only $10 to $100, it's impossible you will choose to gamble today with that very high fees.

This is only for gamblers who use bitcoin as the payment method, how is going today? Who among us here can still afford to gamble?
I think those that leave their coins or some bitcoin in their betting account can still afford to gamble but for the case of other that don't then thats a different story because I can't imagine someone actually paying such fee to gamble when their is no certainty with his gambling habits accept that person has enough bitcoin and wouldn't mind wasting some of it although their is the option of USDT if you are that desperate type.
500  Local / Off-topic (Naija) / Re: Eating healthy on: April 20, 2024, 09:33:33 PM
Most people just eat anything that comes their way, some of the problems we have are whant we eat, We have to  exercise and eat healthy and stop alcohol, some of us what we eat is root cause of our health problem. I had to consult several nutritionist and dietitians to learn what healthy eating actually mean, most people think they are eating healthy but they aren’t.
Watin you talk no dey bad oo, but you know say as this country dey go so wey money sef no dey you no go talk say if you get garri and you no get rice make you no eat the garri because say you done eat am for morning. Some of hard feed because say the country done hard every well, for me, if you get money no think of food first just think of better investment wey go provide better food for you.
Excess things just dey like addictions, the more wey person dey take alcohol too much na the more em dey dey addicted and somebody wey dey addicted to those kind things no dey go further.
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