This is very good advice and it is similar to what I just issued out in my last post to advise people against investing in crypto projects because they too much trust it and believe it is merely overvalued and that it will later buy more to shock everyone. This could cause issues in the long run and the coins/tokens that were so undervalued in your view might remain like that until the next bearish phase comes into play. So what is the gain of the investors when they eventually lose hugely?

There are coins/tokens now that I will not even go near anymore, the risk is high and I mostly judge them by what they've been doing since the last quarter of 2022. Since that time, the crypto market has had at least 4 different bull runs, and after each bull run, there were corrections as well. So if those cryptos were encouraging, they would have performed well by now or have a performance that would at least hint what would have at least given the investor hope.

But they are just sluggish, it will even be worse if someone buys at a higher level after struggling to get there. It will be easy for it to fall hugely during the bearish season.

I think you are getting it all wrong from the beginning as regards the term used. Judging by what you narrated, you are referring to Bitcointaker and not Bitcoiner. Bitcoiners are those who are engaging in Bitcoin, and even if you are engaging in Bitcoin but still silent about it in this context, but instead refer to the forum itself as your source of income, then you are a Bitcointaker in my opinion.

Regardless, let anyone think whatever they want to think about you, so far you are earning through legitimate means, continue to do you and let your conscience do the rest. I expect anyone earning here (even if that's their only source of income) to be proud of it as they are Markerters. The last time I checked, marketing job is a very good job no matter how little you earn from it.

Anyone who is not satisfied with it should find you a better job or keep shut. Case closed!

Oh my God!!! Where did you dive to this time? Well, those car racers or other people/athletes engaging in physical activities need the exercise since what they are planning to achieve is physical and they must attain some kind of shape, speed, and flexibility in most cases. But trading is never like that, it is such that need more of your psychology and prowess (all mental), so you can see the difference. And once you can move your hands to place the order and do other few things which are the easiest physical things to do here, then you are good to do.

Fine, on the deeper thought, the exercise could be useful in a way since our brain function and daily liveliness, smartness, alertness, activeness etc. could be linked together today. But it is still not necessary in trading as all that you need is inside of you just make sure you have a bright day, and good psychology for trading and you will be just fine without any exercise.

You are very wrong that Bitcoin has survived the attack from the government, if the government attacked Bitcoin, it would have been a different story today. I can assure you that if the world government attacks Bitcoin today, it will not survive and even all the decentralised mechanisms around it and sites/platforms related to it will all be pulled down. This is because there will be a total clampdown on it (Bitcoin) and all the businesses around it including exchange.

You can imagine how huge the panic selling of Bitcoin would be by then, and it will get to the level that you will not be able to sell your Bitcoins again because no one will be willing to buy it from you. It is not until this time that you can say "the government has attacked Bitcoin." Restricting, banning and finding ways to regular Bitcoin transactions for the sanity of the world is not an attack, only that you guys are not appreciative of what the government is doing, particularly for not clamping down on Bitcoin.

Autotrading systems are not uncommon in the world of trading but it will be a serious misconception if you think that it is earning money for so many people. This system dates back as early as 2000 and it has ruined millions of trading accounts, if not billions, so you should be careful of what you wish for. It first started with trading robots which people are now calling bots for short and it graduated to platform integration where a manual and autotrading done on a certain account could be replicated on your own account. This is now popularly called social trading these days. This social trading was started by third-party programs before brokers/exchanges are now enabling it directly on their trading platforms.

However, I've not seen any bots and social trading systems with long-lasting results that are encouraging and their results are always similar (I mean for the bots and social trading). It is either they lose outrightly for you, profits for you but later lose it or they lose and win intermittently to the point that you have nothing to show for it over a long period. This is why although auto-trading is popular but the result has not been so encouraging. If not, everyone will be making huge money doing almost nothing through that system.

Well, for me, the term undervalued in the market is relative and it is not what we should be carelessly using to avoid issues for ourselves. If it is an established asset with promising expectations, fine, it is still possible that it encourages investors later, but most times, what people call undervalued assets are not truly undervalued, it is just that they do not want to accept the fact that the asset is indeed at the present level/price it should be. Our personal and sentimental assessments and speculations could at times overcloud our judgments which is not supposed to be so.

This is why I would like us to always consider the recent past behaviours of coins/tokens with others, and this could be backtracked to a whole year or even more to ascertain what the coins/tokens can really do. Some crypto projects are just living in their past glories, they will never perform as some people expect of them anymore. Examples of these are Litecoin and Ripple. I do not see them moving in such an outstanding manner again, and the more people realise this and either go for other coins or diversify their portfolio, the better for them.

I think you are the one who did not get the gist correctly. This is not about the terms and conditions of casinos but how VPN usage could put gamblers in trouble. Some companies may not allow the use of VPN, while some will indeed allow it, it all depends, but what I buttressed upon is the situation where the casino allows the use of VPN and was clearly stated in their terms and conditions even as you contacted their support staff to confirm it to be true.

But still, this can put you in trouble if VPN's IPs clash, that's what I was trying to explain here. In so much as you are not assigned to a unique IP by the VPN provider, you can't be sure that someone elsewhere is not using the same IP you are using as well. Now, if the two of you or more are gambling in the same casino, especially the one that doesn't allow a user to have more than one account which is the common practice nowadays. What do you think the casinos will take the accounts for?

Of course, they will believe it is multiple accounts, which I believe must have violated their terms and conditions. In most cases, they will lock your account without further investigations, but the good ones with a conscience will investigate further to ascertain if indeed the accounts are being owned and operated by the same person. That's my plight in my last post.

You are making a good point and no one who gambles for fun can ever be committing $1m to it, that's not just possible because losing that money will automatically ruin that fun. And I hope this guy is even real on second thought. At times, someone like him may have some ulterior motives for this, so everyone should be careful.

There are indeed some indirect trollers that would want to use figures to oppress you even as they do not have a dime...lol That's the gist of my second thought, as what we read today on the internet is not actually what they are, at least of course, unless there is proof.

Well, for me, if someone is worth $100m and uses $1m to gamble at a go, that may not affect him much but it is still senseless. Gambling should be done wisely and responsibly, and not based on how much the person has per se. There are lots of businesses that the million can be invested into if it is more money the person needs. If at all such would gamble, or should I say if I am in the shoes of the guy that is worth $100, I may cap my wagering to between $50,000 and $200,000 at a go.

It is not as bad as you think, although cryptocurrency is reducing the earnings of banks in some ways, yet it is not so serious to the point that banks will now deem it as their core enemy. In my country, it was recently noticed that banks are losing tenths of billions of dollars to cryptocurrency yearly and that can't be a lie because, for instance, initially, I was unable to do any transactions without the involvement of banks and other digital transactions that will still later deal with banks, so banks are having it all at that time. And guess what, it was a huge extortion as they set the fees wickedly high, but now cryptocurrency has saved me, how many more other people would it have saved? So banks are losing in one way or the other due to cryptocurrency, but still, they are making their money even as they declare huge profits yearly.

However, what banks are doing that seems to be anti-crypto is not always the fault of the bank but the fault of their regulators. They have to obey the laws of the land even as the central bank and other regulatory agencies are often threatening them with restrictions and sanctions if they do business that is crypto-related.

With centralized establishment as well, banks have their share of benefits in cryptocurrency which shows that they are not entirely enemies because no matter how much crypto you bought today, there must be an equivalent in fiat in a certain bank as cryptocurrency buying and selling are merely being exchanging for fiat currencies, and banks always hold fiat. So, the government and regulators are to be blamed here and not the banks.

In my opinion, I believe moderators should not entertain some idiocies for too long as it could be very annoying and embolden the perpetrators as well, nevertheless, the graceful time is a good one to show members, especially the new ones. But the grace is supposed to be getting lapsed with 3 offences of similar kind, which should have attracted at least a warning.

After that, I see no reason why an offender of senseless posts should not be slammed with at least a temporary ban to make him more serious.

What I can say to what you narrated is the fear of the investors and the lack of preparedness of the investors. Now, the lack of preparedness could be from many angles, and it could be by the scarcity of resources, the lack of a plan on what to do exactly and the lack of the right psychology towards the investment. I do not see prepared investors that will not strike at the right time and at the right price, especially if the market had just retraced which is the best we are all waiting for. Fine, the fear could be there, especially this time that Bitcoin has increased in price so well, but with the right guidance through real-time analysis, the investor should know the right time to strike the market bravely.

The avoidance of such unique bravery was the reason for the DCA approach in investments, so why again should the person still be afraid to commit his money to the investment? If it were to be trading, I would understand this quite well, but investment is safer even as the money you lose now can be gained back in the nearest possible future. This is not to mention that we are in the bullish season now and no matter the wrong one does in buying Bitcoin this season, the bullish bettors are still always right in the long run. Above all, anyone trying to use the DCA approach in Bitcoin investment should do it strictly, the investment pattern is straightforward and will always average the risk of any investors using it.

The truth is that the main motive of Satoshi Nakamoto to have planned halving is not even about the bull run caused by its post-market effect every 4-year cycle but for the scarcity of Bitcoin itself so that it can force lower supply and more demand. But today, that halving has now turned into a tradition where investors now regularly targeting to pump money into Bitcoin, which is causing the ever-celebrated bull run of the market. I believe that this will continue to happen until further notice and people will continue to gain preplanned earnings in Bitcoin because this period is always easy to know and of course often causes FOMO where people can earn from the market easily.

However, the heavy price of Bitcoin will always be a discouragement even if people do not like thinking towards that angle much. Bitcoin is no more as though it was at $500. For this, the having will continue to cause some post-market effect that will cause soaring of the market price but it will not be significant like before anymore. This is where the expectation of people will be disappointed as multiple earnings like before could drastically reduce.

Hahaha...who tells you that Bitcoin is no longer profitable to the HODLers? They are sure to gain from the HODLing activities, it all depends on the price they strike the coin and how they can maximise their investment through the right speculation and fast decision-making to know the time to invest and divest. Also, those who are true HODLers do not have anything to worry about as far as Bitcoin is concerned since they are not so particular about the immediate money but the future money. And as Bitcoin is, I do not think it will fail in that regard in the farther future. But don't forget, regulations and many more were bitting when Bitcoin crossed $20,000, and $30,000 and moved to above $70,000 from last year till now, so how is the regulation bitting?

Regulation and Bitcoin appreciation don't relate, and even in those countries that ban crypto, their citizen and residents are still exploring some means to participate in Bitcoin investment, even though more countries have not banned it yet, still, the level of adoption is what it is, why can't more adopt it even as billions of people still have access to it lawfully, so there is more to it. The decentralised nature of Bitcoin is even enough to disregard the government's regulations if that should be the case as people may use their coins actively without the knowledge of the government if they want. For me, that's not a good excuse, but that of the high fee is a very good one. Nevertheless, people may still use other cryptocurrencies, except that they will avoid Bitcoin for some obvious reasons which are its cons.

Well, you are right that if more merchants are accepting Bitcoin, it could be a reason for more people to adopt it. But still, there are two important factors to look at in this regard, and they are the Merchant and the Customers, so it is not about the merchant alone. Even if the merchant allows it, are the customers willing to pay through Bitcoin? I personally doubt that because Bitcoin has a problem of its own and one of them is the fee I mentioned earlier. Bitcoin fees could be insanely high, which is coupled with the dollar rate.

Okay, let's just assume that the average transaction fee is $1, which is about N1,450 equivalent to NGN. Don't forget this is a local transaction. Wouldn't you prefer to use Kuda or OPay which would make the transaction possible for free, or one of the commercial banks that will complete your transition with about N50 or less than going for Bitcoin? This is discouragement on its own.

I can't help but love this post because it is never selfish, a lot need this even as it will also help Bitcoin and other cryptocurrencies in the process. There are many people who will have such a piece of very useful information but will keep it to themselves just because they do not want anyone they know to benefit from it, which I so much frown at.

Between 2022 and now, I can't count the number of people I've told about Bitcoin having and the usual effect in the crypto market so that they can also participate in this world cake that is no single person's right to take it all. In other words and in a plain term, I am talking about the selfish aspect of it, and since you seem not to be selfish, I appreciate this even more than many people would take it.

But still, you should always have your disclaimer and advise people to do their own research (DYOR). This is very important so that all the blame will not be on you in case there are issues. Also, note that the halving is not an automatic bullishness for Bitcoin, it takes time even as the entire crypto market may be challenged before the huge bullish impact is witnessed.

All the best!

This is your choice, my friend, no one is forcing you in any way. The situation where the decentralised Bitcoin can be used in a centralised way is to be using it through the arrangements of centralised establishments. The good news is that such can be avoided by strictly buying and holding, or selling your Bitcoin through a decentralised system and self-custory wallets. This is not a hard thing to do, you may Google them and you will be fetched with a lot of ideas and advice on how you can go about them.

As for those who are using the coin in a centralised way, well, I am one of them and you can't blame us for that. First, I have nothing to hide, second, the centralised system makes my Bitcoin management more dynamic. I can stake, trade, swap coins/tokens and do all kinds of business easily and cheaply with such an arrangement, which makes it better for me even as I also have some self-custody keeping, just to be safer.

For me, the crypto banter predicted rightly, and the level ($84,000) is fairly reasonable and potentially possible if I must say. However, it is not new that people get silent when the price of Bitcoin is depreciating and also during the FUD times when the market is highly indecisive. But when it is rising again, you see their energy coming back to life with various predictions even as most of them are just running their mouths anyhow.

Regardless, I remain committed to my trading chart above anything else, and people's predictions are mere hearsay to me because I am very good at analysis. That was why I know that what the guy called out is fairly good as well, it is never outrageous because the market is nearing the ATH at about $73,850 again, it needs a breach above that level to call it serious on the bullish path. Nonetheless, it is bullish in trend today and has a lot of strong support levels of different strategies backing it up. So I do not see the market breaching below the $60,000 psychological level again this month, and the hesitation of it not moving lower or breaching notable support level means that it is becoming stronger and the hitting of a higher level can no longer be left out.

Still, it needs to hold below $73,850 before a serious bullish talk can be wise, and if it can breach above $84,000 as the guy predicted, I see no reason why it can't move past the level with time even as it moves closer to $100,000 which I am getting surer of that it would be hit before the end of the current bull run.

I needed extra money and even thought that trading could make me rich. But on getting to it, I discovered that it's not as practicable as preached. Nevertheless, I am still trading today, but the change of mindset I have now is that I can't magically get rich through it but I can still earn sustainable passive income through it.

Your question is not so clear, nonetheless, the main reason why I am trading is because making money through it is easier.

Trading was introduced to me by a friend but it is my sole idea to give it a try.

Like I said earlier, I started trading because of the money-making possibility in it. But I wonder if anyone will devote their life to it for an honourable purpose, it is all for the money.

There is nothing bad in buying a house or renting it, doing both, your plan and purpose for doing such matters. At times, you may not have the money to get the kind of house you want to buy, in this case, surely, you will not sleep outside or do any magic, you will have to be patient for a while until you are financially stronger enough to buy a house. In some cases, it could be a situation of relocation where you can't immediately settle for the buying of the house, and of course, you will have to rent.

Again, there are some people who have bought or built houses at some disadvantaged location, they do not have a choice, and they might still opt to rent a house for the time being. If they calculate the proximity-caused issues like the convenience of getting to work, resources to be wasted due to and fro daily, and safety, they would surely resort to renting a house in most cases. So, the two are no big deal, as safety, purpose, plan and convenience are key here.

Not coin? What is so special about it? Let me advise you that you should not be in a rush with new listings by exchanges, it could be disastrous at times. Binance just launched it yesterday but Bybit launched it last week and it fell so much afterwards, you can check it. Peradventure, this recent bullish rekindled power may help it to rise, but the risk with these new listings is increasingly getting higher if I must tell you.

Wait a minute, this is not a meme coin, if you must know, it is a gaming token, and as all know gaming tokens, they often have their own issues, so be careful.

As for Dogecoin, well, I think it will maintain that front position for so long and if I may ask, which meme coin can displace it yet? I do not see such for now and in the next decade, at least. Although I can't trust those of the Solana system over time, but this will still take a whole lot of time before they can meet and displace it by market capitalization.

This is a very good idea but I wouldn't like to be sentimental about Bitcoin investment, so I would like to treat it the way I treat other investments. Needless to say, I have other cryptocurrency investments that are even doing better than Bitcoin, should I do the same for them as well? Well, as it is in my nature, I do not wait for a specific time like this to start preaching or showing sentiment, giving is what I do daily, and I even donate to those who do not know me and who will never know me, so I think I will keep it that way.

Those who will be freaked by this are such people who cannot remember when last they gave people something, but since I do it almost every time I step out since it gives me joy and fulfilment, I think I will excuse myself from this but rather continue doing my general giving. And I am using this opportunity to advise people not to wait for a special day, festival, tradition etc. to give, giving should be an everyday thing. It should be done whenever you see people in need and I do not think that a month can pass that anyone will not see anybody in need. So why now wait for a specific time, purpose, or season to help?