This here is the the best post I've seen today. I wish all the newbies like myself can see this post. If possible this post should be pinned on all the forums for all the newbies to see it. Because I know very much that most the newbies that got in on this platform are only here for the money, to get recognitions, make impressive posts and get merited, some even copy ideas from others and some post news they do not even understand the contents just to get merited, with the purpose of building up their accounts, join a signature campaign that'll pay you and then relax, forgetting that the core purpose of this platform is to dispatch knowledge to its members.

Knowledge indeed is power and we seem to forget that knowledge is the primary and the principal thing, when you're here for the money, trust me it's really gonna be difficult to cope here, but when you make acquisition of knowledge your primary objective for coming here then every other thing will come easy peasy. I remember the wisest man the bible ever recorded (Solomon) was a seeker of wisdom and knowledge and when he got it, wisdom wasn't the only commodity under his sleeves, if you know the story, you'll know that he was also the richest king that ever lived. So knowledge comes with a reward and that reward is the money, the recognition and the merits, cos no one would wish to merit a non quality poster.

So the sooner we start changing our mindset and purpose for being here, the better for us.

You're absolutely right by saying Bitcoin has been doing so well without any Bitcoin Spot ETF, Bitcoin has attained unimaginable heights without any Bitcoin Spot ETF, but if a Bitcoin Spot ETF was as unnecessary as you claim then applications wouldn't be filing even after previously being rejected and we wouldn't currently have over 12 application filed on SEC's table right now. Have you ever imagined the future of Bitcoin if the Spot ETF is ever approved? Bitcoin has been doing good without a Spot ETF but with it, I believe it would do even better, coupled with the Bitcoin halving, Bitcoin would exceed it's ATH before we know it, so I strongly believe a Bitcoin Spot ETF approval would be an amazing stepping stone to achieving greater things in the Bitcoin world in the smallest unit of time.

Currently, 12 applications for a spot bitcoin ETF are pending before the SEC, and the markets regulator is expected to issue a ruling as soon as November 17.
And according to Seyffart if the agency wants to allow all 12 filers to launch, this would literally be the first available window since Grayscale's court victory was affirmed.
While the window for accepting all 12 filings ends on Nov. 17, Seyffart also added that the chances of SEC making a decision on nine of the twelve applications would be anytime before Jan. 10.

Well Sources from the X app claims that El Salvador has so far kept to their claims of DCAing 1BTC everyday for the past one year now https://twitter.com/BTC_Archive/status/1725152451139915821?t=MT89ZnAMZXt5mlOzNtMFCA&s=19. As at 2022, when President Bukele publicly made the Statement, Coindesk reportedly said that El Salvador had claimed to already owned a total of 2,381 bitcoins purchased at an average price of roughly $44,300 and as at today, they've actually estimated the country to be holding a total of 2,744 BTC.

The concept of DCA couldn't be simplified any further than this, most people find it hard to DCA simply because they set a high weekly limits for themselves and along the line they realize that they're unable to maintain that set limit, and this might discourage them or probably make them just quite.
I always tell people who want to DCA to see it as saving up for something, getting a piggyvest/piggybank and throw in your savings there every day, week or month depending on how your income flow and plans are. It's really not difficult if you visualize it this way, rather than setting a high and specific DCA limit that you might likely not keep to. If you see it as saving up for an event you might just be surprised how much you've been able to realize in such a short period and before you know it, you've accumulated a quite quantity of Bitcoin in your investment.

You know what CONVENIENCE is? Having to go to a mall or a superstore and after getting what you need, you take out your phone scan a QR Code and just like Zap, your transaction is successful. What could be more convenient than that. The normal banking system has a lot of glitches that can really cause you lots of inconvenience either as an educated or an uneducated person, but globally legalizing Bitcoin would for sure fix those glitches. Due to the centralized nature of our regular banking system, trust that the government and the financial agencies will always enforce laws and easily manipulate the banking system to suit Their interest and always fall in their favor, but the presence of Bitcoin would for sure solve those glitches due to its decentralized nature. Why do you think the government and so called law makers are strictly against Bitcoin and are fighting tirelessly to give Bitcoin a bad image just so Bitcoin wouldn't be legalized.

On 26 January 2022, BBC reported that Criminals laundered $8.6bn (£6.4bn) of cryptocurrency in 2021, up by 30% from the previous year, said it was a report by blockchain data company Chainalysis, amongst other several reports. All for what? Just to give Bitcoin a bad name. So my question is, before the introduction of Bitcoin as a means of moving money around, has their not been several other reports of money laundering via fiat? So why make it a big deal or make it look like it's a disadvantage or a glitch in Bitcoin when long before Bitcoin was introduced we've had several reports. I think it's just preposterous and this whole parade about Bitcoin being evil is just because the fast rising of Bitcoin poses a great threat to them and is gradually making them loose total control of the economy.



There's no doubt that the Nigerian government are secretly investing in Bitcoin and uses Bitcoin as a means of moving money secretly, how then do you think the so called politicians move all the millions they loot. All the so called shitty crusade of making Bitcoin illegal are just mere formality, take for instance In June 2021 when Twitter was banned in Nigeria, some government officials were still reportedly seen making appearances on Twitter. LoL, the same lawmakers are the same people who break the laws.  in their dark circle, they all know the importance of Bitcoin, don't be surprised if they're the same persons who abuse the use of Bitcoin.

Honestly, when I first ventured into Bitcoin, I came in with that mentality and view of Bitcoin and a 50/50 gamble due to it's high volatility, that idea about Bitcoin didn't change not until a few years ago. Through my journey as a Bitcoiner, I have not only learned and realized that Bitcoin is the safest and most secure asset to HODL, I've also realized that it's the safest and most profitable investment anyone could ever choose, it only requires your patience and to trust the process. Trust Bitcoin and have the awareness that Bitcoin is here to stay. Only the patient ones reap the rewards and benefits that Bitcoin promises.

Just HODL at all time, especially during a dip, the DIP is the most trying time in the life of an inexperienced and novice Bitcoiner because the feel eventually develop that anxiety that Bitcoin might not make it out of the DIP, making them to take a drastic measure, SELLING during a DIP ( worse decision ever). Bitcoin is indeed considered a safe haven for those that truly understand the framework of which Bitcoin is built not for novice Bitcoiners who are still unsure.

Indeed, the ability to include fees of less than 1 satoshi per byte has really proven to be a significant update because it has enabled users to set very low fees for their transactions, for a fact we know that this has really come in handy and have been quite helpful to bitcoiners, especially during times the network is experiencing a low congestion. But we must not be ignorant of the fact that transaction fees are influenced by market forces, meaning If the demand for block space becomes high, for examples, in situations when we experience a high transaction volume. In a case like this, tx fees are likely to rise above the usual amount because there's now a competition among bitcoiners to facilitate the success of their transactions. And it's also vise versa, tx fees also tends to lower when the number of transactions in the block are fewer than normal.

That is a notable point. One should at least be aware of the volatility of the cryptocurrency market before investing in Bitcoin. Dips can happen at any time and are inevitable, so keeping this in mind before you start could help you make decisions that will impact your investment. Before choosing to get involved, it is imperative to have a thorough insight and knowledge of how these things operate.

Again, When investing in Bitcoin, it's a good idea to use funds that you don't plan to use anytime soon. Since Bitcoin is obviously a long-term investment, it's also crucial to have emergency funds on hand in case you ever need to take care of an emergency. In that case, you would just think about using your backup funds rather than considering selling your Bitcoin to cover the expense.

Accurately said. Both CMC and Coingecko provides a more accurate and reliable real-time information and analysis on various cryptocurrencies unlike Preev which simply a ticker. And compared to Preev, they're more well-established platforms and are less likely to experience outages or stop working.

In addition, The company has a 40 man team with 6 data scientists, and Forbes estimates it earns between $20 million and $30 million a year in ad revenue. While Coingecko claims it has over $3 million in annual revenue and tracks over 3,587 tokens from over 259 exchanges. That's a lot of money if you ask me, so it's almost impossible for these companies to experience an outage with that kind of annual revenue.

When I termed selling Bitcoin as a mistake, I'm making emphasis on SELLING DURING A DIP no circumstances can justify selling during a dip, because the only reason that would prompt anyone to sell during a dip is FEAR OD BITCOIN FAILING  and like I always say, no one would even consider selling an option if they truly understand the framework which Bitcoin is built on. Selling on other circumstances can be said to be a choice  which I'm not against. Again my emphasis is basically on SELLING DURING A DIP

I totally concur with this acception. Selling is always the worst mistake a Bitcoiner would ever make, some myopic investors sees a dip as the worst times in Bitcoin investment, investors who do not really know what Bitcoin is all about and the real vision. Thereby making them afraid of what the outcome of might be and then go ahead to sell off their Bitcoin, without knowing that dips are on the contrary the one of the best period in Bitcoin investment because it gives you another opportunity to buy and prepare for another Bull run. One major lesson I've learned about Bitcoin is that you only loose when you sell but you're in the safest side and will always make profit when you HODL even in the midst of a great dip. That's the secret of Bitcoin.

I wished I had the knowledge I've acquired from this forum, I wish I had that knowledge years ago when I started my Bitcoin journey then I for sure would have been a more successful trader, but I'm still very thankful for the knowledge I've acquired and still acquiring.

100% correct, another dip would be an amazing opportunity for bitcoiners to buy before the halving because for sure after the halving there's gonna be a bullish run, one like none we've ever experienced before. Every dip is an opportunity for every bitcoiners to prepare for a bullish trend. So what could be better than a dip before the halving?

Very true and to add to your point, you don't invest in fiat, you save in fiat, that's the right concept. You can choose to either save your money in the form a fiat in the bank and get very small returns quarterly or annually or you can choose to invest actually invest your money in Bitcoin, I said Bitcoin because it has proven to so far be the safest cryptocurrency with the best framework to invest in.
But whichever you choose is strictly your decision but while you make that decision I'll leave you with two points to note. Choosing to save your money in fiat may look like the safest way to save your money but that's what the bank wants you to believe while in reality you're simply enriching the bank and risking your money, why do I say so? We all know that inflation is hitting globally in an unimaginable way, thereby affecting fiat in ways you can never imagine. Save $100 in your local bank today and come back to check on your money after 1 year, it's still the same $100 but inflation would make that same $100 depreciate in value, less valuable than it was 1 year ago, so how is that a safe investment? Never fall for that bank trick.

But if you choose to invest in Bitcoin today, check back after 1 year and you'll see what a wise choice you've made. Sure there may be periods where Bitcoin would experience crazy ass dips and if you're not sure of yourself you may take out your money and that's when you loose, but if you overlook the pressure of dip and leave your money there, then you'll reap the reward of your patience and for making the right choice. One rule of Bitcoin is, you loose when you take out your money, but if you don't take out your money, you'll always gain. So consider this points before choosing where to put in your money.

Having basic knowledge about Bitcoin or being thought about Bitcoin investment isn't a guarantee of being completely safe from scammers. These scammer are smarter than you think and they have so many methods and techniques they employ every single day to make their lies sound and look real to you. These scammers do their own research and update their schemes every now and then, so even as a Bitcoin inclined person or one who already has knowledge of Bitcoin, you can still be victimized by those hoodlums if you're not careful.

Bitcoin knowledge is way more vast than you could ever imagine, it would take a lifetime to know everything about Bitcoin because learning never stops, where your knowledge of Bitcoin ends is where another's begin. I have a friend who has been in the Crypto business for years, he knew so much about Bitcoin and also have few investments too, but in all his knowledge, he never knew there was something call a WATCH-ONLY-WALLET yeah I know you may be asking, who doesn't know about the watch only wallets? But as ridiculous as it may sound, my friend with years of experience didn't know about it and it cost me a few thousands. He lost over $6000 to scammers who told him  they were hackers and could help him generate random Bitcoin wallets that contained an amount of Bitcoin and all the Bitcoin inside could be his for just a small fee.

I can't go into details but that was exactly how he lost over $6000 to them, he came and told me after he has already been swindled and it was at that point I explained what they did to him, so he paid $6000 for a knowledge he could have acquired for free. My point is that everyone should just be very careful out there and always remember to do a thorough research before going ahead to risk your money into something you're not sure of, especially something a stranger online introduces to you.

It's okay to be afraid when there's a dip but your fear shouldn't be if that is going to be the end of Bitcoin, rather it should be how long the dip would take, and on the brighter side an opportunity and the best time for you to buy more Bitcoin because Bitcoin is the the best Crypto Investment I've ever seen with the best framework. The framework of Bitcoin makes it impossible for Bitcoin to fail, no matter how bad it dips, there'll always be another Bull run.

There has been time in the past that Bitcoin experienced it's greatest dips that made a lot of investors who do not really understand Bitcoin to take out their money and I believe now they regret that action. A dip is inevitable and so is a bull run. You can only have their fear if you really don't know what Bitcoin is all about because if you do then you'll know that Bitcoin has come to stay and that it can only get better.

The rate of scams in our society today is quite alarming that it really scares me. I man these people has so many methods and ways of swindling people of their hard earned money. I've read so many articles and stuffs online about how people are misled online towards making investments that are not even authentic and at the end before they even realize that these are fake investments opportunities, they might have already lost a fortune.

I have this friend who complained to me about sending money to Elon Musk online all in the name of investing in Tesla company and not getting the profit he was promised. And I thought to myself, how can people be this naive about obvious scam shits like this, someone sends you a random message online and tells you he's Elon Musk and don't find that suspicious? Howwwww?

Scammers are working hard day and night, looking for new updates and methods to confuse, convince and swindle your money. So in other to be on the safer side, always disregard messages from strangers and random people, NEVER give out your private or personal information to anyone you see online of out there and lastly before you need to carry out a thorough research about any investment opportunity you hear about or have interest in before going to put in your money in there because it might just be another scam posing to be real.
Y'all just stay safe out there and protect yourself.

I've literally read your post like 10 times but still yet to extract any sense from it, don't mean to be rude but all I'm saying is that if you could be more specific with your words and be more informative then I believe you can be well understood, and possibly find a few people on the forum with experiences who could actually give you advice or informations that could be of help to you.

I don't know what you feel is hyped but if you're referring to this platform then I can assure you that you're totally mistaken and have the wrong point of view of what the platform is all about. On the contrary, in my opinion this platform isn't getting enough credit at all because this platform is embedded with vast knowledge, not just about Bitcoin like the name implies but offer knowledge on other subject matters. So I'm pretty sure if you give the platform a chance, you'll learn so much from here. I've only been here for a little while but I learn everyday here and trust me when I say the knowledge I've accumulated from this platform is none like no other and I'm still learning more things everyday.

Being a gambler is one thing and being a responsible gambler is another. An irresponsible gambler knows very little or nothing about risk management.  One thing about irresponsible gamblers is that, they don't know when to stop, observe and employ a new technique which is a good quality of a good trader.

A responsible gambler knows when to call it a quit, has very good management skills. Gambling of a truth has striking similarities with trading as much as they also have their differences too but Despite their fundamental differences, trade and gambling do share certain similarities in a few areas: Both entail some risk: There is a chance of losing money when trading or gambling. Both activities carry no guarantees of success and always carry the risk of financial loss.  And then again Compared to investors, gamblers have fewer opportunities to reduce their losses. Compared to gamblers, investors have access to more relevant information sources.

So to answer your question, Yes a gambler can be a good and successful trader IF the person in question is a responsible gambler and has a good risk management skill.

You may be correct, and at some point you may not entirely be correct. You go for a product simply because you need or want that product so if you really wanted that product to the extent of going for it then that means the product is worthy of purchase and at that point the price shouldn't be the problem. Except maybe you really don't need the product or the product isn't that useful to you. For instance, you go to the supermarket to get groceries, you can't tell me you'd go and start looking at the price tags one after another before putting it into your cart. No you'll simply pick everything you need and ask for the price of everything, except you don't have that kinda money to throw around.

Or maybe you're looking for a quality clothing company to get quality clothes, and maybe you got a recommendation that suites your taste and fancy and you decide to go check em out. You get there, check em out and you're very impressed with what you see because it's like nothing you've seen before. Trust me my friend, at that point, if you're rich? Then the price wouldn't be a problem because you wouldn't mind paying any amount as long as you get what you really bargained for.

I'm not saying being rich should make you start spending on everything and anything you see and like, No, liking something is totally different from needing something. You can check for prices of things you like but when it's something you need? The price shouldn't be a problem.