The best is to research on the coins you want to trade. Some people prefer to trade bitcoin, and what they care about most is for them not to lose but gain. But with what I have noticed, altcoin are more volatile than bitcoin, it is more profitable to trade altcoin in spot trading because you can gain from the volatility, but the more can also be the losses. But if it is leverage trading, the maximum you can go on altcoins on exchanges I have used before are 75x, only ethereum is having max of 100x while Bitcoin has 125x, this can be taken as an advantage. Also, if you know you can predict more the price of bitcoin volatility, while don't you just leverage it 2x to provide you the volatility like that of altcoins. But this depends on your choice. The most important thing is for someone not to lose but gain.

What a big move? I do not use PayPal and I can not use PayPal to buy or sell cryptocurrencies. When PayPal has no option is the reason for the move. But the best way to buy and sell cryptocurrencies  still remain using decentralized platforms. Although, people are using centralized platforms but not privacy oriented.

The biggest failure of ICO projects is during bear market, as the price of cryptocurrencies are decreasing at the time, ICOs at the time are subjected to failure. Some ICOs are scam projects and nothing but scam from the onset which will result to exit scam. Some ICO will later lead to pump and dump, that is when you will see an ICO coin listed on exchanges but abruptly and significantly dropped in price to the extent people will lose at the time of listing. ICO is just like gambling, few can be profitable, but most will fail.

Nigeria just want to be in the game of countries moving towards having CBDC. The digital fiat has been a way to deprive people from having privacy but it will still be better than CBDC when it comes to privacy, people that will use CBDCs will not have privacy at all as governments are looking for more ways to know all the personal information of their citizens. The best cryptocurrencies  to go for are decentralized ones, not centralized ones. There are deflationary ones like Bitcoin that its price over a long time period will increase and reach all-time-high after several price increase and decrease. There are also fiat-pegged ones like Dai. Then why the need for CBDCs?

Nigeria CBDC will be pegged with Nigerian naira, which has been an inflationary currency that has been depreciating right from the onset. When the colonial master left the country in 1960 after independent, Pounds was equivalent to Naira, and Naira was higher in price than US dollar, but 1 US dollar today is equals to 410 naira. See how the country's naira has really depreciated, so should I use the CBDC that will make me not have privacy and yet depreciating?

Waiting I see about this be say the CBDC will be pegged with Naira, so difference no dey. Another thing be say CBDC go dey more traceable than fiat, privacy no go dey. CBDC go give government power, if they get power, they go abuse ham to make their citizens not to have privacy. CBDC wey go deprive me of my privacy, wey no come get value join but continuing depreciating, is that one CBDC?

But this na good move, because Nigeria no wan lack behind na the reason for the move, but Nigeria they lack behind already though. 

There is nothing complicated about going long or going short but most newbie traders always fear to go short, they prefer going long always until they become Pro and know more about how to analyze the market.

Going long is more and common used for leverage trading, not holding.

I think it will be perfect to use cryptocurrencies and crypto exchanges than using stocks and brokers. Also know that not all the profit will be given to the trader, there is certian amount that exchanges will deduct from the gain, this amount is paid to lenders on the exchange as a profit of the coin they lend out.

The amount someone can lose if someone go long or short is limited, it is the amount you use to trade. The gain is not 100%, it can even be over 1000% less or more. Remember as price drop to $1, it can even drop to $0.1 or even drop more to $0.001 or even drop more. What matters most is trading volume and liquidity rate not price dropping to 0.

After 80% of the money has been liquidated, most exchanges if not all, will send you a notification message. If you use isolated margin, you will not be able to transfer collateral into your trading account and the all the money will be liquidated. But in cross margin trading, you can still be able to transfer collateral into your trading account in a way the liquidity price will get farther. In addition to the best advice is to make use of lower leverage, I think 5x is good but you will see some people using 100x or even 125x, how would the money not be liquidated. Also you can even go long or short on some exchanges with your real funds without borrow, this is the safest as it seems more like spot trading, but in a way you can still go short.

There are over 9000 cryptocurrencies existing today, there were many successful ICOs when there only only few cryptocurrencies, but the more coins are created, the more there will be unsuccessful ICOs, some ICOs are scam which I believe you know about and know how to avoid, but not all, some will only result into pumping the price of a coin and dumping the coin later which will make many people to still lose, there are some with good project but yet failed as a result of bear market. The team behind ICO really matters also, like if a famous person like Bill Gates has an ICO project, it will certainly be successful, but there are good ones but because of the team behind it are not famous result the ICO into failure and deemed scam to people. Some ICO can truly be successful but many more are failed projects nowadays. I couldn't believe StudentCoin would even result to scam until the bounty manager post about it that people should report the project as scam on different platforms.

You get any link wey you for use to prove the authenticity of this article? Please, if you get, make you include ham.

Enjoy BestChange Facebook contest

Reward: 0.001 BTC for ten winners each

I posted this here because BestChnage has reputed signature campaign on this forum.

The most secure and safe wallet to use are offline wallets, while hardware wallet is one of the offline wallets, which means its private key is completely generated offline and remain offline. While using online wallet to access your hardware wallet, the only risk involve is the recipient address to automatically change to a hacker's address unknowingly to the person that want to send from such wallet. If the sender do not check the address very well and notice the change of address to hackers address, the bitcoin will be sent to the hackers address. So, checking the address and rechecking it again before sending any coin will help during the time, but yet it is best to avoid malware and have good online and offline practice to protect you from attackers.

E make sense like that, make sure you abide to the rules of this forum, no spam, no copy and paste, no plagiarism and keep to other rules. If na single line you copy from another site, make sure you dey include the link, this na the very reason many newbies are banned.

This forum better pass any other Bitcoin forum, you go have the best knowledge here about how to use Bitcoin and avoid hackers and scammers generally.

Yeah, no be lie. I appreciate Cryptopreneurbrainboss for creating this local thread, because if not for the local thread, the recent donation can not even become reality, and Naija go dey hide for other users on Bitcointalk not to know them. And now as we dey move towards having local board, we need more activities for here, but no be spammers we need o, but good posters. E go better if you people also dey active for this local thread.

I think I don post under your topic before for 'politics and society, e nice wey see you for here as we dey build Nigeria community for Bitcointalk. If you no mind, you can introduce yourself so other go know you.


No dey necessary to include any you no feel like include o. You are welcome, I hope seeing you around.

You are welcome, hope to dey see you around, I dey guess someone for here introduced you to this forum, hope you don know the rules of the forum, and the merit and activity system?

This na just how some bitcoiners fit advertise what Bitcoin is to people, I believe say e go help just for more awareness of waiting Bitcoin be, but Bitcoin don go viral as of now, all country of the world get many citizens wey know about Bitcoin, but to use ham na the issue at times as many no dey literate to the extent they go know how to buy Bitcoin.

As to what I read for the link you posted, many people don already donate, while even $1 donation dey accepted, and this go be a welcomed development. Also that 70% of the donated money go be for Bitcoin open-source development while 30% will go for ensuring the car is funded. But that not all, I get confused with a point not clear:

I hope you get waiting I dey try imply? How 30% go be for funding the car and also to be donated for charity? Or waiting he meant be say after the car expenses don over already, the remaining 30% funds will go for charity? I think na waiting that means but not well explained.

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This na just a suggestion, if this truly dey authentic, why not post ham for Bitcoin discussion? Just for other people for the forum to see ham, especially if certain important user of this forum dey among those involved or among those wey don donate.

The best to do in this case is to make use of a wallet that run the full node, like the Bitcoin Core, also making use of it with Tor will improve privacy.

SPV servers can still be trusted than blockchain explorers. Explorers will have a way to generate income, selling of information like IP addresses can be one of them.

Many people can not run full node wallet, they have no option than to run SPV wallet, but people can still decide not to make use of blockchain explorer and be able to track transactions with txid on their wallets directly. Also making use of SPV wallet with Tor is advisable.

The question I have is that if blockchain explorer can be used with Tor or VPN, I think it should be safe to use it in this way? But yet, it can bring about centralization.

You can tell him the seed phrase of your wallet, he too will be able to see the funds and access it after he imported the seed phrase on ethereum wallet. But this can lead to scam, because anyone one of you can move the fund, he can decide to scam you by moving the funds to another wallet. You too can scam him/her this way. So not recommended.

The best you can do is to create a 2-of-2 multisig wallet, I believe there should be ethereum wallet that can do that. On multisig wallet, both of you can see the balance and be able to track your transaction history, but you will need the permission of your friend before you will be able to transfer funds on the multisig wallet. If your friend also want to transfer funds from the multisig wallet, he will also need you permission.

The question is, what is the best ethereum multisig wallet you can use? I hope ethereum users will be able to tell you one. Wait for their response.

For privacy reasons, e go make sense to just update us her bank account details for Telegram to send the money. We have heard yyou conversation on phone call which is transparent enough. I think all of we na don agree to send the money.

Yes, but as I checked it recently, the percentage is now over 96%



I noticed Rawpool are signalling already, also most likely that BTC.com are fully signalling.

I know say konga shipping fee take 250 naira pass Jumia shipping fee before, I dey talk of the time when the the fee na 1250 naira for Konga and 1000 naira for Jumia, but e don long I order, so I no know the price again. I no dey sure about Jumia, but there was a time before when if I wan order five products for Konga, only 1 shipping fee they will take, but now na the whole five item shipping fee they go take now, one of the reason I no dey use online mall unlike before, I don't know if Jumia dey work like that.

I dey check the two sites, e just be like say Jumia get product pass Konga but that no mean Konga no get almost all people wan buy, but I like the kind service Konga dey give me pass Jumia. Another thing about Jumia why I no use them again be say you can order for blue, they go bring green, Konga never do ham for me before.

About products price, it depends. I no wan use smart watch compare the price, but you fit take look of the hardware wallet I posted recently. At times, konga product go dey cheap while at times Jumia product go dey cheap. But I noticed Jumia product always dey cheap often pass Konga sa, but I dey believe the authenticity of Konga product, and the fee difference not that much.

What I think is that China has been hostile towards many issues in the past, John McAfee is making this statement because of recent Chinese government moves against cryptocurrencies, even likely want to ban mining. Chinese government have been so self-centered about a lot in the past, as the whole world make use of common non-Chinese apps like the social media app like Facebook, WhatsApp and the likes, Chinese ban all such foreign social media generally, not even only the apps, Chinese government has been hostile against cryptocurrencies to the extent exchanges like Binance has to move their hard quarter out of China into another country. I have not seen this as war yet because that is how Chinese since long time. I believe the North America will always welcome cryptocurrencies, they only look after censoring it which many people that want privacy do not want, but not like Chinese government that only care about what is theirs, like the digital Yuan they want to create.