Most people lost out for the fear of the uncertainty and doubting of Bitcoin. Your friend tried to persuade and influence you but you were blindfolded that you could not even see his progress in the investment. And many people think the way you thought as well. And they thought that way because of if what has happened to them in the internet. Because the time when Bitcoin came out, and popular in the years 2011-2013 was the period Ponzi scheme was popular in the internet space.

And many people lost their money for those Ponzi schemes. But you would have invested in it after a year by seen his wealth with Bitcoin.

If there is no peace in this forum then there is no peace in real life. This forum would have been the best place to create peace but we see as avenue to attack one another. Peace is not really the absence of war peace in my own understanding it is the understanding of people living in one geographical territory. When the people understand among themselves then peace will become coexist between them but whereby there is no understanding then conflict here and there.

The world can not have peace because some group wants to dominate either in power or in the international market. And the only time we will have peace is the time when we will have equal distribution of the international market. What you produce will be consumed in your country and that is not possible so conflict is continues event in the world. Those countries need peace but power tussle among the world powers making them no peace.

Op all the factors you have listed here are good ones but I will add on to the list which is greediness. When you are trading don't be greedy because greediness will make you to lose all your funds plus the capital and the small profit you have gotten. They said experience is the best teacher. I learned my lesson in my first trading days. I deposited the money in the trading account and I make small profit of $20 and instead of me to apply your number I was thinking to had more profit and suddenly before I knew everything just disappeared. And I lost everything in the process of trading.

So when trading be conscious of the movement and stopped at the time when you have made profit even if it is small. And when lost in the process of trading don't panic calm down and apply the last option to be over the emotion.

I saw such information at somewhere so I was looking for it when I came across this your comment. And this explanation is good to know about the future prediction of bitcoin. I think this can also help the op question. And add it to what you have in the subsequent years again. Bitcoin will hit.
2041 = $2.6m  and
2046 = $3.1m and the trend continues like that until generations pass out and new generations will come and continue the investment.

When a country fail, the government accused different people with different companies of their failure. And in my opinion no country economy is week but the political will and policies of the country are week and that is why countries are planning to reprint, redesign and reproduce New currency. If the leaders are willing to develop work for the betterment of the country then the country economy will be very strong and bounce back with a strong market exchange. And if the leaders are weak even the new currency can't withstand even the test of time. African countries economies are dollarcentric in nature and because of the weakness of the leaders that have no political will to develop the continent.

If Zimbabwe want a stable currency then it is not to rename or paint new currency because the value will never change. Almost all the African countries are facing that the challenge. The eNaira in Nigeria is dumped because the leaders are not yet for the good for the people but for their children and pocket. We are talking about political will. That is want the president says can be implemented by the agencies and citizens and foreigners follow suit and that is part of a country foreign policy.

All these changing of currencies in Africa is just a waste of time. Let them just make the old currency more stronger.

One thing I normally say is that if you not doing extra thing to fetch you income and you invest in bitcoin then you liable to touch your investment bitcoin but if you doing something either business or job and the weekly income or the monthly income is good then you don't have to worry about your bitcoin investment and all what you have to do is continue hodling. And for those who have started their investment from 2-3 years ago and they are still holding meaning they workers and businessmen and women so there will no obstacle that will stop them to hodle till the coming All Time High.

As I said to over come the temptation is to do another job while you are investing in it. Op you want people who are hodling up to $20k while you are still struggling with $2k. Lolz. What an irony.

According to the Binance spokesman about the case, he said the charges against Gambaryan who is the Binance staff is  “meritless" and that means the charges are not supposed given to him because he dey innocent of the charges. Therefore it is nonsense for him to be in the Kuje prison or the correctional center. And why Nigeria government dey vex be say, from di outset Binance company refused to collect license for di company so when dem dey shey him dey innocent dey make Nigerian government dey vex well well.

Last last everything go still settle down. Make we dey see weti go happen. Naira still dey high. If na di way hom take fly go up an him for take come down, but now him for don reach 400 naira sef.

Reading would have been the best option for the newbies that coming to the forum newly but when dem come dem dey create threads dey find merits like elders. And when merit no come come before you know dem don tired and some even give up di forum and go and hustle physical cash jobs. And some of dem na impatient and can not endure insults. Dis forum if you can't wear thick skin then you can't stay because attacks here a d there go come. While di last group of people wey I know say dey give up na di people wey can't write and dem join di forum base friends initiative.but when dem discovered that dey can't write well then they give up.

Those are some of the people I discovered that they lose interest when they come here.

We all know that bitcoin.is decentralized and coins from exchanges are centralized but some people like to diversify investment aside bitcoin and the op is asking if the those projects are profitable. Should we tell them that they should not invest in them? That should be Capital NO. We can only tell the risk  involved and the little benefit so that if they are interested then they can invest and they declined they they leave because in cryptocurrency nobody where the person will make it bigger.

And as I have said before it is better for him to invest in Exchange coins than airdrops and memecoins that has no value and listing. There are some airdrops when you invest to sell na wahala.

Op I have not seen that part of the prank from my end. Taking someone's phone and smatched it on the ground. Men that one na expensive joke ohh. As for me you go buy new phone then still repair that phone for me so that I go transfer the data and the documents from the old phone to di new one. Then you go still settle me with some amount of money for using me to cast your pranks. Oboy if all these things are meant then you can come and use me to cast your pranks everytime. Because na him don turn to part of the life hustle. Really I have not seen that in any of them.

I missed this thread. Op you tried for the compilation. The mistake was mainly from Binance for not obeying the local laws. If dem pay for the license as dem came to di country and made known to dem dat they were here to do cryptocurrency exchange business and follow all the instructions of the government den nobody for hunt them but they were playing smart game and di game hooked them up for throat. Though the fine was too big but before government fine you with such amount dem don fine your net worth. How much dem dey make from Nigerians in a month before dem asked them to pay dat money and Binance was able to pay dat money. Now as it is, since one of their staff w still dey Nigeria prison dem go still pay that $10 billions. Remember Ekweremadu still dey prison in UK, dis one na so me I do you God no go vex.

Risky taken is part of human beings but it is good to partake a calculated risky. Many people have taken risk without making some finding first and regret. One thing in the cryptocurrency ecosystem market space investment is that. Everyone make their own opinion of decision , though one must face risk to make it in life. Many people have come to this crypto world but could not bear the risks mostly if they started it the Bull Market and suddenly it enter the bear market and if the bear market is long then they would give up and sell off all the coins in a cheaper rate and left. I have a friend like that.

And many people were thinking that cryptocurrency investment is an avenue for them to make quick money but when the investment did not go to the way they wanted them they became disappointed. And another thing again when the investor did not do anything to support the investment and only rely on the investment then, he would touched the coins.

We are not disputing the fact that your decision is wrong but what are the criteria you used in the analysis that made you believed strongly that the pekincoin is the best. The way speak about the project looks like you are advertising it because you even provide some contact information of the project. If pekincoin is new project then there is no need to rush and invest. We don't know who are you to them. And you are even very much ready to answer questions about the project so if someone said you are part of the project management or developers, you don't have to deny because it is someone who is part is project can do that.

And there are other projects on ground that are also good to invest and the way you advertising your project, you looks suspicious. And the whitepaper is not clear for me on the aims of the project. The major aim I saw there is festival payment. Festival payment as how? And what I will say is that allow the project to grow.

I might agree with you because for the time being when I have been invested to some of the altcoins I don't think long-term hodling is really good with altcoins because the movement is too slow but in other way round since the movement for altcoins are very slow then long-term hodling is also good for them who are holding for long-term because  short term can't produce any tangible amount for them so instead it is better for them to invest in long term so that small things as profit can come it.

Okay. This was the first time I was about to use the Solana service to move out my coins from it because someone recommended to me and the congestion the network made to abandoned the service. Well I have not used the service or the network before so I don't know that this is the first time the network is congested but being a new projects or up coming project they would have prevented it from the congestion because once a network is congested it loses customers.

Yes I have been hearing that the developers want to remove the ordinals from the network so that it will be free from the congestion.

I have bought Ethereum for four different wallet for about two months plus the growth was very very slow so I decided to convert one my exchange Ethereum that I bought to Bitcoin and to see the differences guys there is very big different. I convert it with the Ethereum value was equal to $10.85 and I convert it, it was about 0.00015 in Bitcoin and Bitcoin was $66+k and when Bitcoin climbed to $71,799 and when I sold it it came out as $13.30 or there about though the exchange didn't show the dollar value and only on the local currency.

And the $10 was there in the Ethereum for months without changed and it only Change within 4 days of my converting. So I will not advise to invest in Ethereum for now until the congestion has reduced. And if you are looking for a promising altcoins to invest then try Eloncoin.

All these things happening because na di failure of di government because meritocracy have been given to those who are not qualified. Like who is a police man in. Nigerian is unknown, and who is a Road Safety Officers in Nigeria is unknown because the work meant for road safety, Nigerian Police na dey do am so when the agencies who supposed monitoring di activities of the exchanges in the country, e no dey do am instead other people nai dey do and dem no know how to do am so all what they can do is to collect money and allow di company to operate.

And another worse agency in the country na custom. Things dey cost because of them because they are highly corrupted that bribery is ongoing at the boarders so the importers have to increase their goods to meet up the lost price. When Binance came nobody monitored them so they do things on their own. Do you know that Binance has been chased by Nigerian government not once and twice but more. And all those times they use money settled. Dis one now because of the obvious reasons dem attack dem hard.

I agreed with you but according to the news, the one that escaped was kept in the house and it was house arrest so when the Ramadan fasting and praying came, he was also there praying and from there guyman tuama and bypass all the protocol to is country. Really this matter e no dey clear at all. And do you know that it is the American citizen that was left behind? Oya think of it, they are fighting dollar to be reduced and held back the American citizen. What is in your mind?

They want American government to respond and reduce their Currency exchange rate in the country and right now they have send di guy to prison. Nigerian government will never tell the public the truth behind this issue.

I understand it. But as Nigerian, he would used life time experienced scenario and not recorded videos. Though videos are reality when we come flooding fire outbreck and other disasters. But when some wants to do something, they would say those videos are edited with computer and I believe all the Nigerian as experienced this in what happened to our youths in 2020, 20 October.

Yes there is fire outbreak. And that is why when you saving your seed phrase as others have also said it. You have to split it to different locations plus out site your house. So laminating your seed phrase is also a local way of saving it for those who can't afford the washers.

I thank God that you said video and not reality. I have not experienced earthquake in my State in Nigeria. But have experienced flood time without number and nobody can tell me anything about flood. The kind flood I have experienced in my State pull down houses and destroy buildings and documents but all these disasters if you laminate your seed phrase and it fall for the flood, it will not damage if you see it and pick it but if you didn't see and if flow away then it would list.

Therefore laminating your seed phrase is still good for some reasons.