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June 25, 2024, 12:34:08 PM *
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561  Alternate cryptocurrencies / Altcoin Discussion / Re: Solana might be next leading, after Ether & bnb. on: April 16, 2024, 11:17:16 PM
Yes but for now those two coins are very weak and mostly Solana is dieing like Litecoin. Both of them were struggling with congestion and high transaction fee. Though it has been for about 3 months and I have not checked it for sometimes. And even though solana comes Back, it will not surpass Ethereum because Ethereum has more fans or users than Solana. There are other memecoins and airdrops that are also coming to the ecosystem and some of them are doing well. The return of Solana was good but the congestion of the network made it to be weak in progress. And let see what will happen after the network is free.
562  Other / Beginners & Help / Re: Can Bitcoin be a full time career for investors? on: April 16, 2024, 10:45:57 PM
Ah! How can you use Bitcoin as a lifetime career? It won't work oh. When the investor is investing foe short or long term investment, he can't take it as a career. Short term investment doesn't mean that you will have your profile in every week or month. There are times you can wait till 2 to 3 months before it can climbed up and when it climbed up and the transaction fee is high too is an another issue. And if you are investing for a long term investment then that one is the worse so I'm any part Bitcoin investment can't be used as a career.

When you are investing in Bitcoin, you have to do another thing to support yourself.so that you won't depends on the investment only. If not your investment plan will just collapsed one day.
563  Other / Beginners & Help / Re: Always do your own research (DYR) on: April 16, 2024, 10:34:39 PM
That is why the basic knowledge on cryptocurrency market and possible the Blockchain should learned or taught to the newcomers in the cryptocurrency world so that would understand some basic concepts like investment, bearish and bullish market and ATH and even halving so that when they are investing in it then all these ridiculous questions and conversations will not occur again.

According to a popular saying "ignorant is a disease". When I say the conversation I laughed.
564  Local / Nigeria (Naija) / Re: When investing in Bitcoin, don't forget to invest in your health on: April 16, 2024, 10:14:11 PM
I no even see any reason for all this agument between mate2237 and Lida93 na just simple something although the approach of mate in the first place no good, let's joke apart, people get the way them dey handle case. E get as you go take approach person, the person no go too vex but if your reply no good E go create another impression abeg we be one 9ja make the spirit of oneness guid us. Na ona be elders for here and E no good make two elephant 🐘🐘 dey fight make the grass dem dey suffer am. Good leaders dey leave by example make everybody chill like ice water, health is wealth na good advice and not a course.

When naija board dey hot like Timaya no account been dey go down, or banned or tagged in di general boards but as we left di board for people like Lida93 and others to handle, you know how many newbies account dem don banned. Only last week if no be 3 e go reach 4. There are sometimes when when harsh on dem, dem go out in their mind say  a because of this kind things dat person tok like dis. Me I know sah people dey correct dem, even me too I don correct many of dey but di more u correct dem di more dem dey repeat. Even spamming and shitposting too we don tok tired but look at dis one now. What of plagiarism, by di right now naija pikin e no supposed fall for plagiarism matter again but na now dem dey plenty pass. So sometimes make we dey do like this and di thick skin must practice from here.
565  Alternate cryptocurrencies / Altcoin Discussion / Re: Cryptex Finance - thoughts? on: April 16, 2024, 09:56:01 PM
This is the first time I am hearing this and I have not come across it at anywhere. 10 millions is small but small is not the issue how effective is the project? Is there traffic, who is the creator of the coin and what was the purpose of creating the coin. Most of the investors didn't ask these questions and once someone told them that there a cryptocurrency and it is very good to invest and they would talked about the coin or the project to convince people to invest.

And unknown to them that the owner of the project is a scammer and and some months when he gotten what he wanted then the wallet will start having some issues and you coins would get lost. So whenever we are doing as it is concerning cryptocurrency currency or market we should be careful because they are so many scammers are in the space now.
566  Alternate cryptocurrencies / Altcoin Discussion / Re: Israel vs Iran - Will this limit the coming bull run? on: April 16, 2024, 09:46:22 PM
As for me I don't think this decreased of price of bitcoin and other altcoins were the caused.of the Iran attacking Israel. I don't believe that and I am not in the school of thought that it is the war that affects the cryptocurrency market price. Bitcoin halving is just few blocks to hit the halving so are we expecting the halving to be as the all Time High?

Although USA is also involved and other world powers but that can't affect the cryptocurrency. Has the war affects Nigeria economy? No and Bitcoin or altcoins are digital currencies. Though Russian and Ukraine war started before I joined forum and when I came here they were saying that the war affects bitcoin but I didn't see any effect.
567  Alternate cryptocurrencies / Altcoin Discussion / Re: 100% percent scam airdrop don't get involved. on: April 16, 2024, 09:36:02 PM
It is for those who believe in airdrop would fall for it and not people like me there was a time a friend of mine was trying to influence or lure me to join this nonsense airdrop participation and he promised.me to give me update and all that but I refused to join and he join one of them and unknown to him that is is a scammer behind the project. At first they told him to deposit money to move the coins from the airdrop Wallet to Trustwallet and he did because of the high reflection of the dollar and when the money reflects on the Trustwallet wallet they asked him to deposit more again to withdraw the money and he did and since then has been struggling to withdraw the money Trustwallet but no way.

Those who are greedy are the people fall for this kind of trap because they want to cash out big.
568  Alternate cryptocurrencies / Altcoin Discussion / Re: how do you think meme coinis? on: April 16, 2024, 09:24:32 PM
I just checked the project website through the link you provided and the project looks scamming. A legit meme coin or airdrop project website would not look like that of this. And anything that connected to Solana network is not advisable to invest it participate in it because the amount you will use to acquire the coin, you can't get it back in the next bull market or next few years because the transaction fees are high and what you would get if you invest would be very small. "Experience is the best teacher", I am not discouraging anyone, you can try your for those who are investing in any new mem coin that comes to the ecosystem.

But be careful with them. I have seen a lot of people crying because they have lost enough to this kind of projects.
569  Alternate cryptocurrencies / Altcoin Discussion / Re: Is LTC dead? on: April 16, 2024, 09:11:16 PM
Once, Litecoin was a very famous coin and it was called "Digital Silver".
But nowadays, very few people talk about Litecoin anymore.

Is Litecoin dead in your opinion?
Really in even the last year bitcoin congratulations that occurred, many participants in signature campaigns were asked to use Litecoin wallet to receive their pay and after that rampant calling of the name and using the coins at that time, I didn't hear anything again. And since then till now you are the first person that made a thread.on Litecoin because really the name just die down in the forum but I believed even though people are not calling the name, the real project is still working actively. Probably people are not using it like before again.
570  Alternate cryptocurrencies / Altcoin Discussion / Re: Is there really a future for young individuals in web3 ? on: April 16, 2024, 08:59:35 PM
At this current dispensation, what you have and know will be your greatest asset to you, already we are fast going into the deeper aspects of web3 technology and development, for any young individual who want to be carried along with the trend on new development, then one needs to develop himself with digital skill as this is part of the uptrends that will make provisions for anyone interested to get along with this recent development of web3.
I agree with you for this and in this new generation technology is the best course ever. The web3 technology is here to help increase and develop the young individuals in the world. And I also tell young people that if they want to make money in this world now then they have to learn or study computer then divert to technology because that where they can do well in the new dispensation. Everything now is going to be digitalize so if you are still with orthodox or the traditional skills then you will definitely miss out.

So the Best way to to update theirselves in the new trend.
571  Bitcoin / Bitcoin Discussion / Re: Will increasing banking restrictions lead to a rise in P2P transactions? on: April 16, 2024, 05:07:09 PM
I do not like face to face trading because it is dangerous. In the country I am, I have to avoid it.

You have not given your reasons why you don't like face to face trading of cryptocurrency and from the op explanation and the countries.he mentioned, restricting or freezing Bank accounts that are links to cryptocurrency related transaction. So with that face to face and crypto to crypto transaction will be the best. Then you can also trade with someone account which the op mentioned. And I don't see any dangerous in face to face trading with a friend or someone you know. And you don't have to trade with someone you don't know.

When my country Central Bank, asked all the commerical Banks to freeze any account that was connected to cryptocurrency, people diverted to face to face and well knowing people for trading. And the matter what exchanges are good avenue for trading.
572  Economy / Trading Discussion / Re: Trading is not a lifetime job. on: April 16, 2024, 04:48:27 PM
You caption is very neat but the content is somehow contradicting the topic. For self-employed trading is not even a job but it is a side hustling but whereby you hired by someone to trade for him or her then it becomes a job and even at that it will depend on the time the person needs your services. Is it long term or short term? Yes trading is stressful for newbies who have not really understood the system then the second set are the people with large trading amount because they are always on the system to monitor their trading so that is true. Trading is always enjoyable because if you make profit even small amount it is okay and if you are not losing your capital bthennir is okay.

And for the trust and Scam, that is why when you are trading use legit trading apps to trade and don't keep your funds in your trading wallet and only the amount you are trading with because most of the trading sites are own by scammers. So they can close the app or the site at anytime.
573  Local / Nigeria (Naija) / Re: When investing in Bitcoin, don't forget to invest in your health on: April 16, 2024, 04:31:04 PM
Sometimes I wonder if the person behind this account is normal or is going through a phase of depression seeing how he/she is well known for attacking newbies instead of correcting in love and constructively.

If there has been any other post before this then there should be a polite way to pour it to the OP. I dislike it the way newbies are approached by you in the local board and I think you need to redress your attitude. Am sure you never started in the forum without mistakes and that goes for all of us too.

 You mustn't express yourself by condemning others. Just look at how Charles-Tim expressed himself towards the  Op and compare to yours. In my opinion it's you rather that's  just in a cloak of completing your weekly post through this thread.

Learn to be a constructive critic mate!

Hey! Mister constructive where is your advise? I was looking for your advice and I didn't see any. Well by the way sometimes these guys need to be like this because I discovered that this op is not a newbie as you said, and there are numerous threads in dis local board talking about off topics, spamming and shitposts. And that means he has been seen all those but ignore them. And as Charles-Tim provide the other link for him and best way to do was to look dis thread and go there to continue the discussion from there and would have been the healthy discussion and way to do things in the forum. Do you know that it is better dis way than DT member tag him as spammer or shitposter? What have you done to help the Op.

Well if I was harsh on him then sorry for you I don't know if it's your apprentice or otherwise sorry. Now you can inform him to do the right thing. Since you are not harsh on him. Because we all know that anyone who is sick can't do anything so we have to always protect and prevent ourselves from sickness and not specifically fruit.
574  Economy / Trading Discussion / Re: advice for a beginner on: April 16, 2024, 04:16:45 PM
As other as rightly saod. Trading is fun if you understand what you are doing. And the things to know which are the basic and fundamental principles in trading are stop lost point and take profit point that is the entry point and the stop point. You have to k ow them first before any other things. Though you can auto set them, but you need to monitor the market movement. Then another thing you need to do is that you don't have to be greedy and this greediness is the major thing that killed trader. Because they are aiming to accumulate more or bigger profit before stopping the trade and before you know the small amount or the profit you have gotten with the capital you used in the trade would disappear.

So all what you need to do is to take any small profit you have gotten and let it be. I also loss when I have not understood the market.like that.
575  Local / Nigeria (Naija) / Re: When investing in Bitcoin, don't forget to invest in your health on: April 16, 2024, 01:00:04 PM
Dis na total bullshit. Weti concerned Bitcoin investment with out health here. If you no know weti to write u no go go make comments and complete your weekly quota? Must you create thread? Nobody here live without taking care of himself and it is not compulsory to eat fruit. And there is an existing thread which Charles-Tim has brought it to your notice so you can lock dis one and we can discuss on that thread.

If anyone is sick, he or she can't do anything and sickness is very bad thing in human life because if your happened to be the breadwinner of the house then things will spoiled. So it is good to take care of oneself and not only on fruit.
576  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin halving, historical price surges to follow? on: April 16, 2024, 10:52:57 AM
But now we don't know how the price will be in this forthcoming halving and right now the count down is 528 blocks to go and before tomorrow it will be 400+ block and now the price is $63+k. Well I did experience the first, second and third and this is the first halving I am about to experience and I don't really know the things happen in the halving events but with this coming experience I will see some how it is. I have been trying to have 1 bitcoin for two years but I couldn't get.

Sure this is the best time load the bags so that when it hits the G-spot then you can shout Jesus and become the new millionaire in the locality with bitcoin funds.
577  Bitcoin / Bitcoin Discussion / Re: Network jam. on: April 16, 2024, 10:03:31 AM
Yep, it's times like this that reinforce my belief that bitcoin is never going to be used as currency.  There was so much hoopla about big merchants starting to accept bitcoin a few years back, including restaurants, but with expensive network fees and long confirmation times, why bother if you've got a debit or credit card?

And bitcoin's network has been pretty congested for a while now, though it's pretty bad at the moment.  Any time there's massive volatility, that's the result.  Lots of people buying and selling and sending, and it clogs up the network really fast.  If you stick around bitcoin long enough, you kind of learn not to send it frivolously; it's better to hold as an investment.  You can wait out this current state of congestion, but it's anyone's guess how long that's going to take.
The core mandate of Bitcoin has been defeated, as you said my brain just open to understand that the real peer to peer transaction of Bitcoin is no longer available for the small scale businesses. And Bitcoin would have been very if it would have been used for the Market people and the stores and for shopping. Even as this indication that Bitcoin cannot be used as currency again. And as you said, I done also think

And this congestion of Bitcoin network has made the altcoins to increase in population and creating traffic for them. And now the issue is that even though you are investing foe long term there will be a time you like to sell and when you want to sell and the fee is high, what will you do? Because you will not hold Bitcoin forever.
578  Alternate cryptocurrencies / Altcoin Discussion / Re: Shitcoin games in exchanges on: April 16, 2024, 08:48:28 AM
These are kind of scam and i already aware about it. Honestly, as a investor i also tired to make entry on such shit game. But as you explained, it doesn't allow outsider to buy altcoins at low price. Value bump within seconds. And buyer who buy those shitcoin later on high price, become victim of scam. So i just leave this after understanding this shit theory. Even i open mexc and today i saw a shitcoin pumped many thousands of time and i just laughed seeing this situation.
As they said, experience is the best teacher. And now you have gotten the theory behind the shitcoin game. Before you even invest in shitcoins you have to consider some factors which should be slow in movement. If you are waiting to invest in memecoins at the dip then you should also remember that before it will go up for you to see your money back it will take some years so when you are investing.in altcoins then you have to put that at the back of your mind. Short term investment plan for altcoins and from the way I am seeing the movement, they will disappoint you.

If you fail to understand the game then you will be at the losing side.
579  Alternate cryptocurrencies / Altcoin Discussion / Re: Rethinking Memecoins: A Potential Gateway for New Investors? on: April 16, 2024, 07:38:12 AM
Diversification is good but you have to be careful because memecoins are risky to invest. Though patient is also part of it. Majorly those top 3 you mentioned are the best but you can still add more to those ones and since those ones are still new in the ecosystem you wouldn't spend much to have them. $50 to $100 can give enough of them and you locked it in the wallet for years to come before you religion again to see if they have appreciated. But before you invest in them you have to make a thorough investigation or research.so that you won't invest in the wrong ones you see in the social media. Because the way I am seeing things in the social media, scammers are making advertisements so if one is not be careful then he or she will fall for them.

Memecoins and airdrops are not bad but knowing the good ones is an another thing to know.
580  Alternate cryptocurrencies / Altcoin Discussion / Re: What are the blockchain projects you're investing in? on: April 16, 2024, 07:16:48 AM
The cryptocurrency market is coming down and mostly the altcoins are drastically coming down to the bottom again. I would have wish to buy more Ethereum to my wallet again but I am afraid of the high cost of the transaction fee. Because I see this period as the period in which the cryptocurrency ecosystem is about to experience the halving and after the halving then things will be better. And all what we have to do now is to prepare ourselves and invest more in the halving period but even bitcoin network is congesting this days.

As for now I am investing in Ethereum and Eloncoin.
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