If you think that panic will stop in the market, then you are new to the business. It is not perculiar to Bitcoin, it happens to anything being traded in the open market even in our localities. A speech by Fed Chair, Jerome Powell inject volatility into the entire forex market with people selling or buying aggressively.  Many people profits from this while some also get burnt from this. The key point is that panic buying and selling will continue to happen as it is part of the business.

Different people have different perspective and targets. It is mastery that makes the difference.  While some will see holding for long as a way of keeping the money redundant and not yielding much profits, some see it as the way to maximise profits.

It is in human nature to deny responsibilities for this that do not turn out fine and bring accolades. If you want to confirm this, watch children blame one another over things that went bad when they know there will be consequences. No one want to be responsible for bad things and everyone want to be seen as impeccable. Gamblers are not exempted from this because most careless gamblers will look for who to blame for their failure. Some blame the bookies, some their friends and family or just anyone they can.

The earlier one start taking responsibilities, the better because gambling is all about your decision. It is your money, so use it as you please and don't blame anyone for your mistake.

Bitcoin thrives on news just like every other market, so the news of the ETF will shape the market behaviors at least for the interim until another strong news comes out. I personally believe that the ETF is something positive for Bitcoin considering the inflow of fresh capital that will follow such approvals. This will lead to an unprecedented surge in price before the market gets saturated once again. Those of us who are already holding Bitcoin will be the best favored.

What is not certain now is what the combined effect of the ETF approval and halving will do but there are chances it will lead to early bull run that we are already seeing even before 2025 that it was expected according to the market cycle.

I was thinking that the growing popularity of Bitcoin will lead to mainstream adoption very soon but after re-evaluating the situation, I have my doubts that we are going to achieve that any time soon. There are just too many factors militating against mainstream adoption with the chief among them being the high transaction fees and delay in transaction confirmation. Imagine walking into a shop to make purchase, thereafter paying through Bitcoin only to pay fees higher than the price of the good you bought. Why will people opt for this option when they can use fiat and pay minimal fees that will be confirmed within few minutes and sometimes instantly.

There is little mentors can do about holding Bitcoin for long because most people panicking and selling are already aware of the benefits of holding for long. As a matter of fact, they know that there are people who have made decent amount of money by holding Bitcoin from its early days. Without being told, they already know that buying Bitcoin during bear season and holding until bull season within a cycle of few years will make them make some good profits.

According to 1miau,  HODL is purely a mental challenge. If you go through that submission, you will agree that the mentality of the hodler play an important role for a successful Bitcoin holding. There may be other factors that contribute to successful Bitcoin holding as well, such as planning both your finances and when/how to buy.



The risk of investing in shitcoins are numerous. Obviously, shitcoins are created to steal people's money and they do that through different practices, some of which you already mentioned. 90% of those losing money in cryptocurrency had their encounter in shitcoins. That is why I will not encourage anyone to invest in shitcoins. 

This may not be a case of loneliness but it is definitely a bad habit. If you don't see what your friend is doing as gambling addiction, then you have to revisit the definition of gambling addiction because this is a clear case of it. Borrowing morning to gamble is the fastest way of accumulating debt because the bookies will ensure you never win to repay those loans. You might win a few times but they will always get back all the money. I have been in such situation before and I can tell you for a fact that it is not a place to be. You will hardly win even though you gamble with the same strategy you have been using before that have been working.

Real Madrid match against their rival Girona is like the decider for the season. With the performance Real Madrid put up tonight, I have no confidence they will be able to defeat Girona who are stronger than imagined. Madrid would have been held to a draw if not that Antonio Rudiger scored the 78th minutes header that gave Real Madrid the winning. Nevertheless, Real Madrid missed a lot of chances like the bar hit by Brahim Diaz, a clean scoring chances that was not converted. This season is showing like one with lots of surprises.

Girona scoring 3 goals in first half is a sign that they mean business. However, Atletico Madrid is not giving up as they have scored twice with their third cancelled. This would have kept goal that would have kept the match at a draw till half. The second half gave Atletico the opportunity to equalize and work towards winning. It is still an open match that can swing either side.

Sometimes I do wonder why it is very difficult to win with money intended for promotions. I have received promo bonuses on several occasions but end up losing them.

The only time I was able to meet the withdrawal condition from a bonus was when I joined a certain platform and they gave me 100% deposit bonus and I was able to meet the wagering condition and withdrew a decent amountut of winning. I actually was not too desperate in this particular one because my past experience with bonuses made me not put hope. Maybe this was why I won with the bonus.

I try as much as I can not to delve into religious affairs considering that religion is a sensitive subject. My conviction stem from the fact that religion, which is supposed to be a personal and private affair, has been made so complex that it now divide humanity instead of uniting humanity.

Since we don't have religious scholars here, everyone should just chose what is convenient and align with their beliefs and do it privately. I really do not see the intersection of Bitcoin, a technology created to make life better, will be considered as bad from a religious perspective.  It is like a religious sect in my country that once said television was bad and that members should destroy their TVs and stop watching it. But when reality dawn on them after a while, the same religious sect is using television in their religious activities today.

I'm just learning about that new word today "waiting camp" indeed. They are not far from the fearful, the skeptics,  the perfectionists that want to enter at the perfect price if such thing as perfect price exist. Price of Bitcoin will continue to go up and down because that is how the market is designed to worm based on demand and supply.

Instead of spending so much time on the sideline waiting when the funds are available, why not simply adopting the DCA method by buying some while keeping part of the funds for future buy, in this case one is not only waiting for the supposed perfect price but already doing something now and maximising the opportunities the market offers now. The disadvantages of not being proactive in respect of Bitcoin accumulation is just too many.

In addition to volatility,  high fee is one of the things hindering Bitcoin penetration into the mainstream. People are increasingly becoming discourage to integrate Bitcoin payment into their businesses. Even when there seems to be a way around it, many people are not aware and those who are may not feel comfortable using them. For instance, not much people know how to use the Lightning Network, hence the reason it is not too popular.

It is very important for anyone venturing into gambling to know the status of his health, unfortunately, many people do not pay attention to this. I find gambling as one of the most emotionally engaging activity so checking ones health and examining if one can handle the shock that sometimes come with gambling should be a good decision. For instance, hypertensive people are not supposed to gamble because no matter how well we try to surprise the pain or excitement that followers gambling losses and wins respectively, it will always manifest and might lead to crisis or those not physically and mentally fit.

If you get to this situation in your gambling, I will suggest you take a break because you might be doing it wrongly. This also agrees with the concerns you raise in this post.

Salah is truly unpredictable and have remained relevant in his career. I was expecting the exit of Mane to weaken him somehow considering the role Mane played in the team. But Somehow, Salah always find a way to put the team in the spotlight, scoring important goals as Liverpool continue to make progress.

I was personally of the opinion that it was time for him to go for the oil money of the House of Saud, so his values will be high as he is still in his prime. But it seems he is not thinking in that direction yet. As long as he is getting the results at Anfield, I doubt Jurgen Kloop will be able to let him go. Liverpool's chances of winning the league is very high. They've got all it take to maintain their present lead even though the margin between then and Manchester City, their biggest rival, is not wide.

Dear Hhampuz,

Thank you for giving me the opportunity to be part of this great campaign. I got another offer that I have to take and I will be happy to work with you in the future. I wish the Duelbits project and the entire family the very best. 

Happy new year Sir.

Expect predictions can be helpful sometimes but not sustainable because gambling is a game of probability so no one is 100% sure of what the outcome of the game will be. No doubt the so called experts spend so much time analysing the games and have accumulated a lot experience because most of them take gambling as full time job. However,  we must still take caution when following the predictions of anyone irrespective of what they promised will be the outcome of the event. The key thing is to ensure we stake what we can afford to lose.

I do use some websites that drop free predictions for comparison only, and from there I make my judgement on what to play. What I will not do is to pay money to any supposed expert for any prediction. 

Everything we do in life has risk associated with it and Bitcoin is no exception. Bitcoin is exposed to the general risk that is common to all digital businesses such as losses due to hacks and theft, risk as a result of mistakes in keeping the wallet information safe where it can be accessed and remembered, risk as a result of incidents such as natural disaster and fire outbreaks and so on. Apart from these general risks, most of the risks people link to Bitcoin are man made and avoidable. They are mostly caused by fear and greed which can easily be eliminated or greatly reduced by adopting the right approach and developing the right mindset.

When Bitcoin investment is treated like every other form of investment, most of the risk will naturally go away. For instance, when we start a farming business, we following the necessary process of planting and waiting till period of harvesting before we expect some return on investment. No one start farming business today and is expecting to make multiple of his investment the following month or two. The same can be said of fashion business, real estate and virtually every other business. Unfortunately, when it comes to investment in Bitcoin, people want the huge return within a very short time. They are not ready to give it time and nurture the portfolio to maturity and when the expected fast return is not forthcoming, the FOMO and most times sell even at loss and retire to amplifying the risk of Bitcoin.

I'm yet to see a single person who bought Bitcoin properly and held for at least 5 years that is regretting today. Therefore, I feel the risk associated with Bitcoin is not fairly presented and most times exaggerated.

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=3539126
Bitcointalk Rank: Senior member
BTC address for payouts: bc1q33lqka5f3g2easxykrm4wwkh0cmrd8zv42n9l9
USDT address (TRC-20) for payouts: TV6jUztnvoUsVWGiNkjmMoN7Fh1p7T6Vip

The truth is that risky activities such as illegal refining of petroleum product that is killing many young people is clear case of failure of the governments. A lot of proposals have been made to convert those illegal refineries to modular refineries with the boys engaged as part of the refining process but it seems like our governments are not interested in anything that will end poverty in the country. They prefer to keep the youths unemployed so they can serve them as political thugs.

Nigeria is importing petroleum products when we have enough crude oil and manpower to process them for our domestic use and then export, but the politicians prefer to sell the raw crude oil and important finished products so they will steal money from the process.

I do not support illegal refineries neither do I support similar risky activities but I try to see reasons why those people do it... they are helpless and mostly the people from the areas where these crude oil are drilled yet nothing goes to them. They are living on top of wealth yet nothing goes to them as the evil Land Use Act gives everything below 6ft to the federal government. They are responding by taking laws into their hands and risking their lives as well.

Perhaps you have figured out your finances to know that setting aside a day pay to invest in Bitcoin will not put you under financial pressures. I say this because it is one thing to buy Bitcoin and another to hold because holding require that basic needs are met and plans also put in place for little reserve funds in case of unforeseen events that may arise. If you get distracted by the excitement of being a Bitcoin investor and holder without making adequate preparations, a little change of events may force you to sell some or all your Bitcoin and this will discourage or demoralize you a lot. Therefore, inasmuch as it feels good knowing that you are saving for the future via Bitcoin investment


I feel there is a little challenge with this. Insurance serve its purpose which mitigates risk to your physical assets; have you thought about how it will be when you stop paying for the insurance and accident happens? Don't you think if this happens you will be forced to sell the Bitcoin you accumulated? We are not praying for accidents but we must always prepare for things that are not within our control.

Insurance is very important that is why many companies have even been studying how to insure digital assets such as Bitcoin even though they have not made much progress. I was fortunate to read about some of those companies that tried venturing into insurance of digital assets and I feel it is still an ongoing project.

I think insurance qualify as basic needs that should be prioritized therefore the money should not be channeled into Bitcoin.

This might just be a case of a seemingly bad situation turning out to be a blessing. Without the high fees, maybe you would have spend your earned Bitcoin on other things. The situation you are in has turned to weekly DCA and the only challenge you will have is if there are other areas through which you generate income to meet your basic needs as well as set aside some funds in case of any emergency that will require money. With that in place you can comfortably hold your Bitcoin for long and hopefully the transaction fees will become better before you know it.

Likely I said before, the end of this whole things might result in you achieving a huge Bitcoin portfolio that you never imagine would be possible. I will still encourage you to keep it up, allow things progress as they would and see what the future holds regarding Bitcoin and your portfolio.