|
As the bull run is right around the corner, most of us newbies have heard about it, and even the experience crypto enthusiastic knows how and what always transpired during the bull run, but the sad reality is that not everyone will gain from it, so my question is that what measures have you put in place to be among the beneficiary of the bull run?
We should start asking ourselves question like, how far have we gone in our Bitcoin accumulating process? If the bull run comes this week, how much can we milk out from our current holdings? if we had any.
For procrastinators, It's high time you all start accumulating Bitcoin aggressively through the DCA method, so that you wouldn't be left out from such an amazing opportunity.
|
|
|
|
|
I really don't know what's wrong with this Bayern team, because they have everything in that team, but their performance have really been below the standard required for a team like Bayern.
Right now I think that the league title is really far off away from them, but nothing is impossible, anything can still happen, but they need to start winning games back to back for them to stand a chance and capitalize on any slip from Leverkusen.
In football nowadays, the bad performance of the team is always placed on the manager, so I see tuchel being sack between now and the end of the season because his performance as a Bayern Munich manager have really been terrible during his short stinct at the club.
|
|
|
|
|
Inflation have practically taken over the price of everything in most part of the world, it's not only in your country, though in some places it quite worse, but this shows why it's not really good now to depend only on a source of income, so that even though the inflation rate is very high in your country, you wouldn't feel much of the effect if you have more than one thing that brings you more income, so my advice to you is that you should look for a way to add another source of income, to lighten your financial burden.
|
|
|
|
|
Quitting gambling can be easy for some and can be impossible for some, but to me it's very normal that a man can let go of any harbit he is into including gambling if he is not addicted, because it's only when a person is addicted that it's impossible to stop, even when he is seeing the negative effect it's having on him. So in a situation where the person is addicted, for him to be able to quit gambling, he needs to get engaged with an activity that he fancies more than gambling, so it's not really an easy task to do if you are a gambling addict.
|
|
|
|
Liverpool, Arsenal or even Manchester United have considered Chelsea as heroes in last night's match because they managed to hold Manchester City to a draw. No one expected that Pep Guardiola's squad would be held to a draw by Chelsea at the Etihad stadium and perhaps this would be a major blow for the hosts because they failed to secure full points.
Chelsea even took the lead before the first half ended and it was clearly surprising to many parties how Manchester City, which is famous for its ball possession and tight pressing, could concede first. They are not their usual self and there are many wasted opportunities. Manchester City even had to struggle to equalize and were lucky they were still able to get the goal back. If not, it is certain that Manchester City will lose at home and it will be a shame that the one who beats is Chelsea. Well, this result means Liverpool and Arsenal can breathe a sigh of relief because now Manchester City has a gap that they have to reduce in order to occupy the top position.
Manchester City were really not impressive. I thought maybe Chelsea's scoring first would fire up Manchester City players for the win. But they still struggled too much to score the equalizer. Haaland wasted a huge goal chance by a header. If that header ended up with a goal then maybe Manchester City would have had more time for a comeback. Manchester City have really been struggling to get comfortable wins against Chelsea home in the recent years. They were still able to get 1-0 wins before but this time it ended up with a draw. This is a really good job for a Chelsea which are having tough days.  I also agree that the first goal from Chelsea could increase Manchester City's attack to be more solid, but the results as we know are still very less than expected. Haaland's opportunity felt wasted and even after the match ended there was a camera showing his face which was so disappointed and he immediately rejected the camera because he felt like he had failed in this match. One Chelsea player who should be appreciated in this match is Axel Disasi because thanks to his key role in defense, Chelsea's goal was safe from being conceded. He repeatedly stopped the movements of Manchester City players and he did it very carefully. I think if not for that Chelsea could have lost against Manchester City and maybe since under Pochettino he has become a better defender. I almost forgot, Axel Disasi was also the MOTM in last night's tight match and I think he deserved it. I watch that match from start to finish and most of the pundit and even you guys are busy talking about the missed opportunity by haland, no body have talked about the wastefulness of the Chelsea team, especially Jackson and how the game would have been over even before man city start building momentum in their attacking play. Though I never expected Chelsea to win this game from the start, but during the cause of the game, I felt like Chelsea have more chances of winning than man city, so to me their wastefulness in front of goal cost them the 3 point. |
|
|
|
|
My brother me self I just tire for everything, just see gas wey I been dy fill before, 6kg for 1800naira but now na roughly 7200naira, the one wey shock me pass, na the news i see last week wey federal government dy contemplate on stopping subsidy for electricity, I just react by saying make Dem come kukuma kill us one time.
Secondly, Another problem I see for we country is that we no dy protest, if na the Arab world wey this kind tin dy happen, Dem for don shot down the economy with protest, but we, na brother brother we dy do, even wen see say the person dy too incompetence, as e be so, na just to pray and hope, because people wey sopos take action, no gree do anything.
|
|
|
|
The process of the DCA method is simpler and easier for beginners to understand, just determine the time to make regular purchases whether weekly/two weeks or monthly it will be according to their abilities but this DCA strategy has become common but the most effective than other strategies, I feel how doing DCA for more than a year has a positive impact.
Those who sell in a hurry due to urgent needs may be due to lack of preparedness when starting investment with DCA, among others, they did not prepare a reserve fund for other emergencies.
But DCA is better above 5 years then the results will be even greater, but now it is trying on the way even though it is full of many obstacles and the temptation of an ever-increasing market because the desire to sell is always there, but until now it is still sticking with this DCA method.
In this case you are quite right because the DCA strategy is not a foreign strategy and is widely used by those who invest in Bitcoin. I feel comfortable applying the DCA Strategy in the investments I make. DCA is quite good for beginners or old investors in accumulating Bitcoin. I think the advantages of DCA that I have experienced in the investments I have made include that we are not burdened with thoughts that surround us. and there is also no pressure that makes us worry when prices fall because we always buy at every stage and continue to hold. For this reason, I think that for beginners, it is more suitable for them to use the DCA strategy in investing in Bitcoin. Of course, the DCA method is the best choice among other methods for all investors and beginners because it is very easy to understand and apply, because it is simple and is not influenced by any negative factors. And it is also very comfortable to use for long-term investments and can also minimize risks due to highly fluctuating market movements. DCA is a relaxed but sure way in terms of profits and this is real. And the most important thing is to consistently make purchases in stages to achieve planned financial goals, and if we apply the DCA concept in the long term, we will be able to meet our future needs earlier. I have benefited a lot by investing in DCA method because when the market condition is bad I invest some and then when the market condition is good then a good profit accumulates in my account. And if I invest full amount it is very big for me. There may be problem. So I invest some money instead of investing full money and use DCA method with the rest of the money when the market is dumping. I have more chances of getting good profit. I think everyone can use this method to get good profit. There will be possibilities. If you use the DCA method, the loss will be very less, but you should always be aware of the market. If you buy when a dumping position occurs in the market and later if you make a profit, it will definitely be credited to your wallet as part of the profit. But when you buy from high price if the market comes down then of course you will face loss and that's why you have to resort to DCA. Your investment style is right you don't invest whole money but invest according to a certain percentage, it will always save you from losses. Always you use DCA method and invest, it will be good for you, and you can get good amount of profit in future. I don't see any other alternative to DCA method to get profit from investing. If any investor wants to make profit from investing then he must adopt DCA method. To use DCA method investor should always keep an eye on cryptomarket whenever cryptomarket. At the time of dumping, investment should be done using DCA method, if you invest in it, the amount of profit will start increasing gradually. Otherwise, if you make a wrong decision to invest, there will be more chances of loss instead of profit. I can't get you clearly on what you are trying to say but I want you to understand that the DCA method will only be beneficial to you or anyone else if you are a long term investor, because to me right now, it doesn't really matter at what price you are buying weekly or monthly currently, the most important thing is to accumulate more Bitcoin as much as possible and put down measures to safe guard it, so that it wouldn't be spent, because when the bull run have finally come, that is when you will know that all the price you bought during the accumulating process was very cheap compared to the price it will skyrocket to. |
|
|
|
The new chief of the Ukrainian army have announced this morning of the withdrawal of the Ukrainian army from the besiege city of avdiivka, his reason being that it's a decision he took to prevent encirclement from the Russian arm force and to preserve the life of his soldiers. https://www.aljazeera.com/news/2024/2/17/ukraine-troops-withdraw-from-frontline-city-of-avdiivka-army-chief-saysI really do think that the Ukrainian are losing more ground as the war goes by, and if they continue this way, I don't think they can actually liberate the territories held by the Russians. |
|
|
|
I feel really gutted when I hear about his demise, because he was actually a visionary leader, which I believe is a huge loss to Russian people, and concerning your accusations of Putin as his murderer, I can't give a verdict about that from the outside because am not a Russian, it's only a Russian that can tell you the truth about what have transpired in the country concerning the death of nalvany, since it's only the voice of the Russians that count in such situations. |
|
|
|
|
Lol🤣🤣 this guy no go kill me for laugh oo, you funny aswr, the way you take dy explain ur movement around the forum Just be like most of this movie wey we dy watch, wey one village guy go enter city for the first time, come dy do funny things base on say everything dy really strange for him eye, but na normal sha, such is life.
Na good tin say you take ur time learn, even though you no get anybody to guide you, because na wetin most newbies for this our local board lack, so if most newbies dem been get person to guide dem, e go dy much easier for you, as for me, my own start no dy too hard for me sha because I get person wey dy guide me and draw my ear make I no do some tins and tins.
Sometimes na him go dy worry me to make post, but see me now, na me dy post on my own without anybody telling me, but na part of the leaning process sha
|
|
|
|
All these won't be necessary for a long term holder so I will replace your quote with . a long term holder have no reason to learn about market movement or charts although no knowledge is wasted you can just glance through it but there no need to stress on it. Only a short term trader would really need to know more about the charts and market movement. You are actually right on the aspect of an investor, because if you as an investor in the crypto space, it's more likely that you will be rewarded handsomely wether you are knowledgeable enough about technical analysis or not, but if you are a trader, then knowing technical analysis and knowing how to read the chart is paramount for you, if you must be successful. To me holding is much easier and less stressful compared to trading which you don't just need only knowledge of technical analysis to succeed, but so many factors like, knowing how to control your emotions, knowing how to use your leaverage rightly, knowing when to get in and out of the market correctly, etc so it's makes more sense to be a holder than a trader. |
|
|
|
Newbies abeg, make ona no come this forum dy spoil our reputation abeg, I been don talk this thing before, this go be the last time I go talk this thing, after this na reporting I go start to dy do, no be naija bad pass oo, most of us never even comot for this country before but na to busy dy talk how we bad reach give the whole world as if we don test other countries see. See the thread wey one of us go dy post for English board because of him selfish interest https://bitcointalk.org/index.php?topic=5485289.new#new |
|
|
|
|
Are most scammer from Nigeria? I really do think this is the most ridiculous statement I have heard this year, my question to you is that, are you a Nigerian? Because I have met so many reputable and sincere Nigerian, which I don't think they are what you make them look like.
For it's quite normal that in a society where the government are not providing jobs and other social amenities, their is a very high tendencies of fraud and criminality in the state which I believe is not only happening in Nigeria, but also in most countries across the globe that the people are not well taken care of, so my point is that if you know nothing about Nigeria, don't just conclude base on what you heard or one bad experience you had with a Nigerian, remember one person cannot define everyone.
|
|
|
|
|
No be lie you dy talk, anything wey get advantage dy also get disadvantage, just as almost every body dy cry for the high cost of living, so people no even send anybody because the government dy favor dem, so as e be so, na only people wey dy earn in dollar go dy happy because the rate of dollar just dy skyrocket everyday, so na so their purchasing power go dy rise self, so as e be so, the best you can do now na to look for way wey you fit start to earn on dollar since the government no wan do anything about it.
|
|
|
|
yet you also have extra BTC that you can treat as surplus and to be able to sell small amounts of the extra BTC and never really use up the extra BTC.
It is a good idea that after using a long time to invest in bitcoin, one can still have extra bitcoin that is not part of his investment portfolio, which he can withdraw little once in a while because of the excess profit that has been generated from his extra bitcoin. I like this concept because it makes you still keep intact you bitcoin portfolio since you are not withdrawing from it, and I have never thought of such idea. I am still in my accumulation stage, and maybe in future I will give it a try. If you are getting to a point that you have accumulated quite a bit of BTC and you are thinking about how to draw income off of your bitcoin, then you could put it to practice, and even use a relatively low withdrawal rate if you are still in the process of trying to allow your BTC to continue to appreciate in value.., and so it could be a mistake to start to use it too soon, but also it could be a mistake to have a lot of BTC but also have no plan regarding how to start to withdraw them on a regular basis that is comfortable and likely to be sustainable if you try to stay within the parameter of the guidelines of the tool.
You are right, it is good to put everything into consideration, when you are investing and when you have reached the point at which you have reached your bitcoin goal, and how you will go about your withdrawal so that you don't make a mistake to over withdraw from it, so that it does not affect your bitcoin holding from good profit. Some investors can even make mistakes of selling all their bitcoin or withdrawing higher percentage from their bitcoin portfolio that might not be wise, because it can prevent them from the compounding value for the rest of their lives. It is nice that you stated this @JJG, because I might fall into the trap of over withdrawing from my bitcoin portfolio in future when I have reached my bitcoin target, which might make me regret, after such action in the latter. but it is far better also to make use of the various stages of Bitcoin market volatility to make more gains within a short period and if you are an expert in the chat readings and market speculations, you stand a good chance to make more profits using DCA model than just holding for the long term.
You don't need to be an expert in chart reading and market speculation before you can make profit, all you need is to discipline yourself so that you will be persistent and consistent with your regular weekly or monthly DCA, and if there is room to invest aggressively, you can DCA aggressively, as long as you don't overdo it. You will definitely make profit over time, because with DCA you can buy regularly irrespective of the price of bitcoin at that moment. I just want to add to what you rightly said, you really don't need to know technical analysis for you to be successful in investing into Bitcoin through the DCA method, because if as an investor that have so much faith in Bitcoin and is aware of the potential of Bitcoin long term then you will have only one duty, which is to just hold, the only thing I see as a problem if not addressed is having a source of income or an emergency fund so as you wouldn't be looking at your holdings when any financial problems arise. Moreover if you pay close attention to the historical figure of Bitcoin and how it has aged like a fine wine 🍷 you will definitely be confident that in the nearest future, the price of Bitcoin can get even better than this due to it limited supply. |
|
|
|
|
My brother, no be lie you dy talk, and thank you for this piece of information, because even me self some days once I come online, I dy find am so difficult to relate well, and anytime I experience that kind tin I go just log out back, because I no wan just go talk wan nonsense wey fit put me for problem.
Secondly, we need to understand say, wen we come online, we no need disturbing or distractions around us, so that we go dy think well wen we dy make post in this forum, but as for me, the best time I see as posting time na the wee hours of the morning, when my head dy extra calm, during that time even me self I dy confirm say tins dy enter my head to write more than wen I dy in the midst of people dy drop post, so make we try on dis aspect wey our brother @richbased don talk about already because e get why.
|
|
|
|
|
Week 17 payment received, thanks sir for the opportunity
|
|
|
|
|
I really don't think it's a nice idea to have nothing doing, and just focusing on trading, it's a wrong move we should all avoid, because since you have no other sources of income except trading you wouldn't be patience enough to wait for the right set up, and secondly, you are always going to be under pressure since you must return with an income at the end of the day which might leads to significant losses.
Trading is mostly beneficial when you have something doing, which will take your mind off trading sometimes, because it is very important that you have a life going on for you aside trading, and finally try not to depends on trading for survival, so that you can succeed by not being under any kind of pressure.
|
|
|
|
|
Good morning my country people, see eh this country wey we dy so, the way things dy go on a daily basis, abeg if you get dollar or Bitcoin hold am tight, because the way I dy see this our currency now, by December 1 dollar fit reach 3 to 4k, see all those people wey been buy dollar at the rate of 750 naira, right now them don make more than their capitals by just holding.
Even Bitcoin too, na the same pattern both of them dy follow, even though say Bitcoin dy more lucrative on the long run, just imagine those people wey don dy do DCA method since last year, how their account go dy swell by now, so my brothers hold your dollar and Bitcoin tight, because as e be so, you go just dy make money through it by just holding.
|
|
|
|
|
Show Posts
