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4921  Alternate cryptocurrencies / Altcoin Discussion / Re: Whats your thought about New projects? on: November 01, 2020, 06:04:51 AM
If you visit some crypto forum you will see so many upcoming cryptocurrency projects coming into the industry but sometimes I begin to wonder what is their purpose of bringing in New crypto project knowing well that some of them have wrong motion of the project they are bringing, I have participated in so many of them last year but I have not hear from them again some are abandoned on the proccess with a lot of promises they come with just to gain your interest. What do you think?
Every businessman (whether scumbags/scammers or genuine ones) have only one motif of doing what they do — make money. So, businesses will continue to spring up as long as there are ways of making money from them. Nonetheless, I am of the opinion that most projects don't set out to exit softly or scam people outrightly but eventually do so when they run into troubled waters. As a rule of thumb for me, having fallen victim of scams of ICOs, is not to indulge ICOs any more. I took that decision sometime in 2018 and have tenaciously held on to it till date. No regrets. In fact, that decision has tremendously saved me a hell of loss. I can get in ICO bounties or wait for the projects I fancy to get listed on reputable exchanges and then buy there. Most times ( I discovered this through research) projects get listed even less than their ICO prices. So, why the rush then? Even when I want to acknowledge that there are lots of scam and empty projects out there, I still believe there are a few good ones. It's not after all a totally irredeemable situation.
4922  Economy / Trading Discussion / Re: Why waiting candle to close is important? on: October 31, 2020, 05:27:00 AM
These candle patterns are helpful, I also admit that. But we should also think that the higher timeframe we are using, the more accurate we can get, especially if you also based on the candle pattern because there are some cases, for example, you find a bullish pattern in 1-hour time frame, but if you check the higher time frame, it is bearish.
I don't consider 1hr TF as higher timeframe. The few times I did use it, it messed my trades up. I look at 4hr upwards and then trigger a trade from the 1hr or lesser timeframes. If a pair I intend to trade is bearish on the high timeframe, it means I should be looking out for a bearish entry from the lower timeframe. I like swinging my trades. I don't like watching paint dry. This is a convenient way of trading for me. It eases stress and gives the deserved rest and better ROI which hourly traders don't have the luxury of. A few days ago, I was hasty buying DIA from the 1hr TF because I would be offline line that day and didn't want to miss the train but there was still a pull on the 4hr TF. I took that risk and it cost me 3 days for price to revert to my entry price. Sometimes, such hastiness can cost one even a month.
4923  Alternate cryptocurrencies / Altcoin Discussion / Re: Why DeFi is high risk investment on: October 31, 2020, 04:35:45 AM
Out of all the DeFi projects I did research on I only prefer Chainlink, the data Oracle thing makes more sense to me than anything and that's why Chainlink was successful even before DeFi hype started this year, another new project that works with Oracle is dia, these are more than just mere yield farming, goodluck to all those who are into yield farming, I hope it favours them in the end.
DIA? But the price is shitty this day. Do you ever for see a situation where it's going to lift itself out of the $1 - $2 range? A lot of investors are bemoaning their loss already.

Defi is really a risky investment .If you look at biggest gainers and losers chart now in Coinmarketcap/Coingecko you will find defi coins both in gainers & losers table . You can profit very fast in Defi and also you can loose
everything very fastly.
Generally? Isn't that the way of business? Simply put — there isn't any business without inherent risk. What determines levels of risk is subjective to individual investors.
4924  Bitcoin / Bitcoin Discussion / Re: Warren thoughts on Bitcoin on: October 30, 2020, 05:33:20 PM
Leave this guy alone, he's like 130 yrs old. I consider him a guy that earned his authority, but he's not in the league anymore
Lol...Exactly my thought too! I sincerely hope people should stop worshipping Warren Buffet and erroneously thinking he's a god of the economy. Dude makes mistakes too and he isn't infallible. The way it's looking now, this (not believing in Bitcoin) is another of his mistakes. But something keeps nagging at me that billionaire Buffet is a secret hodler of Bitcoin. Truth be told, Bitcoin is past that age where it would've mattered if a single individual believed in Bitcoin or not. Bitcoin is now heading towards mass adoption.
4925  Bitcoin / Bitcoin Discussion / Re: Make your choice now! on: October 30, 2020, 04:27:21 PM
several people come to me and share stories about his life in economic problems.  she was confused by her choice.  he worked and served the country.  he gets a salary from the state, but he is also interested in bitcoin.  even every day he spends his time trading.  If in this forum there are people who have the same problem, then my advice is to choose to serve the country, and set the time for the crypto world.  and you will get additional benefits.
Maybe you should try and resolve the sex of your subject matter to situate your post in its proper context between "she or he". However, I think to some extent I do understand the drift of your post and to this I say that working for one's country doesn't stop one from engaging in business. Crypto stuff is mostly an online kind of thing and can be conveniently carried out anywhere provided there's Internet in that area. So, there isn't or shouldn't be an excuse of it holding one down or restricting one. Anyone who has just a stream of income will always be in a rat race, a situation where income is hardly enough to sustain the person.
4926  Bitcoin / Bitcoin Discussion / Re: Follow your mind! on: October 30, 2020, 12:20:34 PM
There are so many costly mistakes investors make that may be regrettable. Such as
1. Borrowing money to invest
2. Greedy expectations in reward
3. Total reliance of people's opinion. Among many others.
My emphasy is the third. It is good to listen to people opinions but not all opinion counts. Many here just make confident predictions that has no base, go to prediction topics in our bitcointalk to confirm this.and you know how painful it is when you lose just on someones prediction. It is better you follow your mind during investment and bear the consequencies thereafter.
Let me touch briefly on the itemized points:
1. I don't think it's an issue borrowing money to invest in trading or any project. That's if one knows what one is doing. However, my caveat here is that no one should get a loan from the bank to invest. Borrowing from friends or relatives is better than going to the loan sharks. I have my reasons for this.
2. Human wants are insatiable. So, I don't think any reward expectations are greedy. After all, what is much to one may be less to another. But I like taking profit above X 10 on my investments.
3. This third item is subject to different individual expectations and I solely believe that it's for that reason that we all have mentors in life. Mentors are those whose ways of life and business modules we imitate. "It is better you follow your mind during investment and bear the consequencies thereafter." While I understand what you meant by the bolded, I strongly caution that same wasn't for noob investors or traders. There's always a learning process. No one was born an expert. We grow by learning from others — and from our mistakes too.
4927  Economy / Trading Discussion / Re: Why waiting candle to close is important? on: October 29, 2020, 05:48:40 PM
When it comes to candle reversals then i do follow several patterns of candles.

-Doji
-Engulfing patterns
-Hammer
-Hanging man

I don't joke with those candle patterns (excluding the Engulfing Patterns) on a higher timeframe like the 4hrs and Daily. Those patterns can easily change the direction of a trend. It's good to wait it out to the last second before triggering off a trade. On a lower timeframe like 30mins to 1hr, not much harm can be done. But whatever a trader does, they should avoid the error of impulse trading. I have been a victim of this in the time past and in most cases it cost me my peace of mind, and sometimes it led to accounts getting burnt. It's a symptom of itching fingers and that isn't a good thing in trading; it messes up one's emotions.
4928  Economy / Trading Discussion / Re: Trading is better than Holding on: October 29, 2020, 12:53:52 PM
Trading it right now is better than holding it when you don't know if the market will be more better than this.
You never can say of a certitude that your position is the ultimate thinking because a lot of people will disagree with you on this. In holding you don't lose anything. The tokens remain the same quantity they were even though value may change; either higher or lower. But in trading, one stands in a position to lose one's coins/tokens if one's trading call turns sour. For me, I believe Hodling is playing it safer than Trading.

Most professional trader just believe holding your coins is a sign of failure.
Anyone who thinks this way is merely assuming. And that isn't right. It's fallacious because assumption is the highest level of not knowing. I see Hodling like keeping one's account in a bank in a fixed deposit. Is that a sign of failure too? I don't think so.
4929  Alternate cryptocurrencies / Altcoin Discussion / Re: Was 2017 the "Golden Year of Crypto"? on: October 29, 2020, 05:26:19 AM
As the market matures, the buble growth like 2017 will be difficult to repeat. The market will grow more stably. But I think now is the right time for truly visionary value investors.
The scenario you described as a bubble growth was actually a real growth that got a lot of people scared that it could burst. I think it was that skepticism that actually pulled price down in the first quarters of 2018, and not that Bitcoin was a facade. We can see, as evidenced, that Bitcoin isn't a bubble. The crypto industry has come to stay. I expect another major bull run in 2021. It's a repeat every post Bitcoin halving year.

I'm agree with you. That time ICO hyped a lot and now DeFi is doing the same. The signs are quite same But i think DeFi hype won't last longer like ICO.
Yes, that's true. Every bull year is heralded by a hype. 2017 was ICO hype and now it's a DeFi hype. We still have the ICOs with us now though it doesn't generate enough buzz as it did in 2017/2018. It's likely too that DeFi will still be in place even after the next bull run (which I expect in 2021).
4930  Alternate cryptocurrencies / Altcoin Discussion / Re: Which coin do you think will become next Ethereum? on: October 28, 2020, 08:26:15 AM
The next Ethereum will be Ethereum. How do I know? Just look at the current crazy gas fee of ETH yet no other coins has deemed it fit to overtake ETH or marshal out programmes to topple ETH. I think the smart contract thing of ETH has given it an edge on others. A lot of tokens have put their projects on hold and in wait for an upgrade to ETH 2.0 version. That shows how popular in demand ETH has become, even when the fees are highly discouraging and alarming.
4931  Bitcoin / Bitcoin Discussion / Re: What happens to my bitcoin if I die today? on: October 28, 2020, 05:04:12 AM
Here is my question what happens to the bitcoin of someone who died and didn’t disclose his/her wallet details to anyone?
Simply put— the Bitcoin will be lost forever. This is a major point for me that we will never have the whole 21million total supply in circulation. Never! A lot of Bitcoin has been lost already through this kind of occurrence.

Would the bitcoin be abandoned in the wallet forever??
Yes! Except someone is able to brute force their way to opening that wallet. Otherwise, it remains lost in the deceased's wallet.

please I need response.
My advice to you on this is to always copy out the vitals of the wallet like the private key or passphrase you're using on a piece of paper. Take that risk of writing it out offline but keep the paper safe and out of wandering eyes.
4932  Other / Meta / Re: About Create New Bitcointalk ID. Tag DT/Modaretor on: October 28, 2020, 04:40:16 AM
Having multiple accounts are allowed, only what is not allowed is having multiple accounts sales.

18. Having multiple accounts and account sales are allowed, but account sales are discouraged.
Charles, the mprep comment was at a time the forum didn't have much traffic and it was necessary to entice people to the forum. Now, account sales and multiple accounts are big offences, especially if one enrols more than one accounts in the same campaign. Sometimes, I think people have got tagged for having alt accounts even when they didn't enroll them in the same campaign or bounty. So, I am thinking having alts is outlawed here. Well, may be not for some selected individuals.

These fees are mainly want for a few countries. For developed countries basically one is not taken.
Wow! So the supposedly "evil IPs" stuff doesn't cut across all the countries? Are there saintly countries? I mean, countries which don't do evil and while others do? This is selective and shouldn't be so. I think this kind of profiling of countries into good and bad shortchanges us as humans.
4933  Local / Nigeria (Naija) / Re: Nigerian Bitcointalk Community Hangout. {Current topic: #EndSARs} on: October 27, 2020, 12:24:44 PM
You have commented well, there was a time we are practicing regional government before in Nigeria, but one of the military rulers from Northern Nigeria thought otherwise, because of selfish reasons and self-centeredness discontinued the regional governmental policies and centered it to federal level. Possibly, Nigeria might not have been like this if this was not changed, politics is just over everything and everywhere, no leader is loyal to his country but loyal to their families and filled with sense of nepotism. I believe we can see how citizens are like nothing before the leaders, see our palliative rice, indomie and other foods, they just kept it without distributing it to the citizens, if not because of EndSARS, this will remain hidden, see thousands of bags of food stored without them reaching citizens for consumption, this is uncalled for.
Hia! Grammar ti poju! You forget sey once we enter this house na for outside we dey leave owa grammar ba? Nor let somebody do you atarodo here oh 🙄 Abi na to report ya matter to General Buhari remain sef.

Username: Cryptocurencyking
Gender: Male
Country and state of resident: Nigeria
Skills: Still developing my trading technique
Welcome, wey bread bro. E bi like sey you don even tey small for here sef. E good as you join us here so that we all go dey run the game dey go together. Make una dey do owa country proud dey go for here. Naija youths nor lazy, na bad leadership be we problem. Soon, by fire by force we go flush all of them out.


Situs Judi Dominoqq Terpercaya 2020 yang memberikan Anda kemudahan dalam bermain judi online 24 jam pertama di Indonesia
Which one be this oh, ntori oloru? Brainboss abeg delete that shit poster. Na so dem dey do oh. If na for dem local board you go see persin wey go merit that shitpost.




The Right Spirit
4934  Alternate cryptocurrencies / Altcoin Discussion / Re: How to move on if you've failed to meet the due date of a bounty campaign on: October 25, 2020, 09:15:23 PM
1. Stop whining

The point is this. Don't just wait for the deadline date. Work earlier than that.

My remedy for this type of situation is to always write down the day of weekly submission in my notepad where I usually place links from the shared contents on social media. This technique  has really helped me as I haven't missed any submission of reports.

4935  Alternate cryptocurrencies / Altcoin Discussion / Re: Will it ba the next dogecoin ??? on: October 25, 2020, 05:29:31 PM
Im  pet lover . when i reading a article about pets i saw this project by a advertisement , project name is " DOGCHACOin " .
OP, you capitalizing the project's name screams out to me that it's a plug. It seems the OP is trying to run publicity stunt for the project. Are you, OP, a member of that project? Well, that was a rhetorical question, anyway.

No, I did not invest for this project. I think investing in dogecoin at present will not get a good profit. Gone are the days of dogecoin invest.
Once there is a cut in the total supply of Dogecoin believe me how the value in price will rise. The humongous supply is what has kept its price down for ages.
4936  Bitcoin / Bitcoin Discussion / Re: How to send fake Bitcoin on: October 25, 2020, 03:43:31 PM
I still wonder how scammers pull out a very realistic one. Just last week a random guy PM'ed me in telegram asking for my help, he said his bitcoin is stuck at an exchange coz his country is restricted so he can't pulled it out. Bruuh I know from that point he's trying to scam me, guess who's bored that day coz I bite it LOL so yeah he told me to register to a never heard exchange ( crypto4trading. scom) which I did, he send me around 1.2BTC fake ones, I didn't ask for hash he might lose his mind HAHA, then the website asks to deposit first before I can transfer it, so I told him to wait for like 10 mins coz I need to open my lappy and deposit the money, then I told him that I deposited it, he didn't ask a tx too LMAO. I don't know if until now he's waiting for it  Grin
'
Lol...😂😂😂 but certainly you're a bad dude, ain't you? That really got me laughing here. Sure you're a smart dude and that's why you aren't getting caught in that web of deceit. I have always maintained that a lot of people get scammed because of their greed to reap where they didn't sow. Who would give free Bitcoin out just that easy to random strangers. A lot of impatient folks would've jumped at the 1.2btc on the site and lost their senses of reasoning. Hence, scammed.
4937  Bitcoin / Bitcoin Discussion / Re: UK Company adopts Bitcoin as treasury reserve assets on: October 25, 2020, 05:49:25 AM
A lot of people like to chase clout and that's how the crowd mentality thing works. The invested amount may not be that huge going by the few Bitcoin it could buy at the present price but the interest shown by the company and the buzz it has generated is a good one for me. A journey of a thousand mile begins with a step. From this and other related developments we shall begin to see other companies which were skeptical about investing or hedging their funds with Bitcoin begin to do that. It's a plus for the crypto industry. The industry is the winner here.
4938  Bitcoin / Bitcoin Discussion / Re: Max Keiser interview prediction of bitcoin change after US election and more on: October 25, 2020, 05:12:42 AM
Bitcoin price will 'bolt higher' if Biden wins, rise slower with Trump — Max Keiser
It's clearly obvious Max Keiser is routing for Biden to win. But he forgets that the old man is bereft of ideas going by his antecedents in the government preceding even being the VP under Obama. Biden is a spent force, for me. However, I like to remind Keiser that Bitcoin is decentralized and as such whoever wins the US election next month doesn't matter to it.


"Max Keiser: No. PayPal, like all companies, came to the realization faster than others that Bitcoin is an existential threat to their business and to ignore it would mean going out of business."

The above is a wise observation. That was how Nokia refused to evolve into the Android version with its phones and was run out of business.
4939  Bitcoin / Bitcoin Discussion / Re: Loan to buy Bitcoin? on: October 24, 2020, 08:30:25 PM
Don't go with such plans of loan. I'm a real time sufferer of the same. I started my business by getting loans, by that time I had around 0.75 btc. I could've sold that and started the business. When I started my business the price of bitcoin was above $16000. If I've sold at that price it was more than enough to set my business perfectly, but I believed it'll grow and kept hold buying loans to start the business.

To my expectation the price grew and all of the sudden started to fall. Now I'm paying monthly $200 interest for the loan and the capital I bought hasn't decreased yet. It is getting close to two years since I've started to pay interest.
Wow! It's a pity such happened. On the flip side, why would anyone take out a loan when they can easily sell off their holdings and start a business they envisage. This beats me hallow. No business is worth imposing such a confidence in the way you promoted your confidence in Bitcoin. Remember that anything volatile can't be trusted with stability. This is what Bitcoin is. However, it doesn't mean it can't hit a fresh ATH and break the record of 2017.

@OP, I think you should take out that loan if the conditions you have described here in the OP of job security and all that are intact. With that you already have means of repaying the loan. It removes pressure of how to raise money to service the loan off your head.
4940  Alternate cryptocurrencies / Altcoin Discussion / Re: Can you trust Defi projects?? on: October 24, 2020, 03:52:43 PM
The real question should be — Can you trust any project at all?


Almost every new project this day is including DeFi to its makeup, even when it clearly doesn't have anything to do with decentralized finance, just to deceive people. Well, the thing for me is that I won't invest in any ICO that is on a medical project to start with. I did that in the past and I know the setback I suffered on that. The DeFi angle to the project OP wrote about doesn't even sit well with me, notwithstanding. However, it doesn't mean the project won't succeed or all that. Though I will advise those putting in their money on it should only invest money they can afford to lose. The risk is there.
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