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661  Local / Off-topic (Naija) / Re: 5 NIGERIANS WEY DIE BECAUSE OF THE PRESSURE FOR D NAIIJA AND SOUTH AFRICA MATCH on: February 10, 2024, 08:39:28 PM
Na waoo, game wey we take as enjoyment in terms of entertainment nai dy kill some people, chai, may their soul rest in peace.
Initially wen I hear dis news in the morning, I think say na joke, but after some times, I come dy hear am again from several people, I just tire and feel sad about the whole situation, because Dem no even dy here again to see the final, and the end of the competition wey all of us watch from the start, I just want to beg anyone wey get high BP, abeg bp dy real, and e dy kill, moreover  e no dy good to dy  too passionate about anything for this life because excess of everything is bad.
662  Economy / Gambling discussion / Re: Gambling mistake repeated by the gamblers on: February 10, 2024, 06:15:05 PM
I don't believe their is something as over confidence in gambling, because you can't be over confidence in something that out of 100%, you only have like 2% chance of winning, so any one that feels over confidence in gambling is just showing stupidity, because he is just under rating something that is extraordinary difficult to tople, so I just feels like it's been spured by addiction, nothing more.And as of greed, it's a generally problem among gamblers, so it's nothing new .
663  Economy / Trading Discussion / Re: Day trading or Long term on: February 10, 2024, 06:00:51 PM
It's all boils down to you, the individual involved, holding is less stressful and better for a long term thinker, it requires less skills in knowing market sentiment and technical analysis, but in trading you have to be skilled enough in technical analysis, emotional control, patience and how to use leverage wisely for you to be profitable in the market, and you can make or lose  a whole lot of money in a very short period of time compared to holding, so it's all boils down to you how knowledgeable are you.
664  Economy / Gambling discussion / Re: Does even freezing a customer's account curb irresponsible gambling? on: February 10, 2024, 09:17:36 AM
I think it's quite ridiculous that a casino company will freeze your account because they feel or knows that you are gambling irresponsible, this people are actually looking for money and you are one of their top customer due to addiction, and you think they will stop you? The only thing that would make them take such an action is if you broke their rules.

And talking about if the addictive person involve would stop? No, because an addictive person sees gambling as a thing they can't do without, so I believe they will definitely open a new account, just to keep on gambling wether dy are winning or not.
665  Local / Off-topic (Naija) / Re: Importance of learning a skill before gaining admission into the universIty on: February 10, 2024, 08:37:22 AM
See my brother, no be lie you talk because I know the kind high level of shege wey most of my guy face wen I been dy school, Dem no fit even concentrate because na person wey him Belle full dy even reason book, during that time, wen e Don red, na my taxi dy save me, if I fit go like 2 to 3 trip after lecture, everywhere go just stew, even most of my guys dy call me life saver, because even though I no do dat one, I go enter village go carry garri come, why I dy talk all this, e dy very important say you get one or two things wey dy give you money wen you dy school oo, if not, wen ur people never send you money, u go see higher level of shege.
666  Local / Nigeria (Naija) / Re: If Bitcoin was not eligible to give ROI would you still want to own any Bitcoin on: February 10, 2024, 08:19:21 AM
Bro, for this life wey we dy, normally people dy always go for things wey Dem go gain from, especially when na money involved. See if nothing dy come out of Bitcoin except it's privacy wey e dy preserve, I fit beat my chest tell you say 90% of people no go even get him time, except those people wey wan use am hide money and do some illegal business, I know say this tin I dy talk now, most people know,  but Dem no go gree talk am openly for the community, but as life be so, na all about interest, people go only get involved with someone or something wey dy benefit dem, so na ur own personal interest nai matters.
667  Local / Nigeria (Naija) / Re: See CBN Approach to Tackle FX hike Rate on: February 09, 2024, 07:00:27 PM

See CBN Approach to Tackle FX hike Rate 

In trying to find a solution to the falling naira, the Nigerian government through the Central Bank will now confiscate every dollars sent to you from abroad. They will refuse to pay you your dollars and convert the money and give you naira instead of the dollars sent to you. They believe doing so will starve the Bureau the change operators of dollars that if they starve them they will be able to control the exchange rate through the official rate alone. Now recall that the Central Bank don't have enough dollars to satisfy Nigeria and official rate is never available to the average citizens.

Now the people that feed the bureau the change operators with dollars are the people that they just stop from receiving money through IMTOs. So this directive is like cutting off a major source of supplies of dollars to the Nigerian market because it is never available in the banks. Can a merchant go the banks and get dollars up to $5,000 to demand commodities abroad, will it be available.

Why is this administration skating round the problems? They should stop treating symptoms and treat the disease.

The major problem is that there is shortage of foreign exchange. It was not the case in 2000 and early 2015. What change is that they mortgage future earnings by taking loans, what we are suppose to earn in the future has been use to take loans.

Why are they not affecting areas we can earn dollars?

  • Stop Oil theft and stealing of our natural resources it is a waste of dollars
  • Nigeria must move from consumption to production

Cutting off supply of dollars to the bureau the change is a try and error policy and don't be surprise the exchange rate will jump to NGN 2,000 per dollars. The bureau the change are the ones serving Nigerians with the purpose of Exchange. Let the government find a way to get supply of foreign exchange.



Bro no vex, we don already talk about this issue in the past, so I suggest you lock this thread, make we no dy spam out local board, dis na the link to the other thread https://bitcointalk.org/index.php?topic=5483957.0
668  Economy / Gambling discussion / Re: Quit gamble! Easy or Hard? Let's talk. on: February 09, 2024, 05:07:31 PM
First of all, everyone cannot take the same stand as you, because the addictive ones sees gambling as their life, and secondly, anyone that gambles as a source of income is just looking for frustration because the chances of you winning a bet is like 98% to 2%, and when a person start gambling what he can't afford to lose, that where all the problems start from, because you will not just be gambling with fear, but you will be making wrong and unrealistic decisions that will frustrate you the more, so the essence of all this is, try as much as possible not to gambles as a source of income to avoid frustration.
669  Economy / Gambling discussion / Re: If I bet big I lose, but if I bet small I win on: February 09, 2024, 01:59:10 PM
I think in the game of gambling that is quite normal, because when you bet with small money,  you will be willing to take the risk, it's a money you can afford to lose, so in such scenario, you gambles with ordercity and confidence, and by doing so, your chances of winning is very high, compared to when you played with double digits, money you can't afford to lose, you will be betting with too much fear which is not good while gambling.

But you should be even be happy that you are even winning, because their are so many gambler out there looking for the least winning, but they can't even get it, so be grateful.
670  Economy / Trading Discussion / What traders must know on: February 09, 2024, 09:42:02 AM
 there are skills traders needs to acquire in other to be successful in the crypto market, and I will be talking about them, which are;


. patience: in trading patience is on of the skill required for you to be successful.

.over leaverage: in as much as leaverage is very enticing but try as much as possible not to over leaverage, so that you wouldn't got liquidated easily.

. learn how to control your emotions: you must learn how to control your emotions like fear and greed.

. learn fundamental & technical analysis: you have to learn fundamental and technical analysis so as to knowing how to navigate your way in the market.

. wait for the right set up: don't just trade because you want to, trade only when you see the right set up.

. Be discipline: while trading discipline is one thing you need to have so as to be successful in the market.

. stick to a trading strategy and trust your analysis: try as much as possible to stick to your trading strategy and trust your analysis.
671  Economy / Gambling discussion / Re: Why do coaches get sacked over poor performance of players? on: February 09, 2024, 04:02:43 AM
I have followed various sporting activities and I noticed something that hardly make complete sense to me and that is the rationale behind firing a coach when the players do perform poorly. What drew my attention to this is a news flash about Jose Mourinho's case in Roma. According to the article, Mourinho left Roma angry and feeling betrayed by the players. Is it even possible that players will intentionally lose matches because they want their coach out at the expense of their own careers? If this is true, why will the club management reprimand the coach and not the players? I know some people will argue that the coach is the leader of the team and should be responsible for building the unity and love the team need to play in high morale, but in a case the players happen to have hated the coach and have decided to lose matches as punishment for their coach, is it right to fire the coach?
When it comes to football, the coach is almost responsible for everything that goes on in the team, because he is the one that select the type of players he needs for his team, he is the one training them, he knows there strength and weakness, he knows system that suit them most, he does the selection during match day, so all this things are what most management in football expect the coach to know, because he is not just a coach but he is also a manager, so when things are not going their way, then their would be consequences which the manager is going to pay with his job.

So if as a coach or manager you feel like the players are not playing well just to sack you, their are so tough decisions that needs to be taken after having a meeting with them, to arrest the situation.
672  Economy / Speculation / Re: Buy the DIP, and HODL! on: February 09, 2024, 03:47:20 AM
I really don't think job security is paramount here in things to consider before investing into Bitcoin, because in life anything can happen, even the job you feel that is secure, they might just lay you off for no just reason, because life is unpredictable, and that is more of the reason why we should not play with our savings and emergency fund, because that is what going to keep you going till you get another job.

A job is definitely needed to keep bitcoin investment right, if you are out of a job then you can decide to sell your bitcoin holdings if you face any danger. So this is why the job is special, you can keep your investment active in the Bitcoin DCA method with a portion of the income from the job. There must be an external source of income to meet basic human needs. Bitcoin holdings would not be sustainable for long without eros.

Try to understand me correctly,  I never said having a job is not an important factor in things to consider before venturing into Bitcoin investment, what I said was that, job security is not that paramount to things to consider before venturing into Bitcoin investment since we live in a world of uncertainty.

I believe that you are very aware that a man cannot do away with his job or business, because that is what put food on his table, so if he is being stop, like he was sack or his business is not profitable again, it going to affect every sector of his life, not just the Bitcoin investment, so a source of income is very important to keep up with the ability to not just to fund his DCA strategy, but also to put food on the table, that's why it's important to have saving and emergency fund which one can fall back to if situation like these arise, and that would sustain you till you get another job.
673  Economy / Speculation / Re: Buy the DIP, and HODL! on: February 08, 2024, 10:11:18 PM
Job security has to be considered too when someone has finally decide to start his bitcoin investment journey. One has to be certain that your job has to be really secured, and not a kind of job that won't last long. Job security should not be underestimated because if you have chosen to invest through DCA make sure that your job or source of income isn't something that's going to be terminated on a short run.
  yes one can actually loss his job, that is life full of uncertainty, but at most time it is advisable to have passive income streams which one  of it's enormous benefits is that it reduces the fear of job loss. It will become more easier for an individual to reach his financial goals when having a multiple streams of income by achieving them much quicker than if there was just one job, it helps in ensuring that you have a consistent and reliable source of income and at same time giving you that emotional rest needed to manage your asset properly.
I really don't think job security is paramount here in things to consider before investing into Bitcoin, because in life anything can happen, even the job you feel that is secure, they might just lay you off for no just reason, because life is unpredictable, and that is more of the reason why we should not play with our savings and emergency fund, because that is what going to keep you going till you get another job.
674  Economy / Trading Discussion / Re: When is the best time to trade a Bitcoin on: February 08, 2024, 06:44:08 PM
I don't think there is a better time to trade, to me any minute or hours of the day is ok, the most important thing is for you to know what you are doing, how knowledgeable are you in technical analysis and how to navigate your way while trading, from being patience to knowing when to stay off the market and knowing the market structure so as to know what to do next is the most important thing, not the hour or minutes of the day, so if you really want to be better in trading so as to be profitable, then you have to seek knowledge first, because when you have the trading knowledge trading become  more easier for you.
675  Economy / Gambling discussion / Re: Blue card to be introduced in football. on: February 08, 2024, 05:55:57 PM
I think I have heard about it also, but the blue card will only be issued if a player made a tactical foul, just as the one that happened yesterday night at the African cup of nations between Nigeria vs south Africa, where the captain of the Nigerian team trust Ekong stop a counter attack by pulling a south Africa players shirt opening, just to stop the counter.

I believe that since the beautiful game of football is getting more modernize by the day, this particular blue card of a thing is a welcome development, since var and goal line technology is already in place in today's football.
676  Economy / Speculation / Re: Buy the DIP, and HODL! on: February 08, 2024, 05:40:23 PM
Trading and DCA has nothing in common DCA is a process used in accumulating bitcoin and most of the people who use DCA process are those who want to buy and hold for long time so I don’t see anything wrong with saying DCA has something to do with bitcoin holding. But for bitcoin trading you don’t need to follow DCA at all you just need to use the money you have at hand enter the market and start their trading losing or winning, so i don’t see any relation between DCAing and trading that’s a wrong connection if you ask me.
I also think like that because logically, people who are trying to collect Bitcoin and hold it for a long time don't immediately think about selling in the near future, so it is very feasible to use the DCA method in that case. Meanwhile, trading is a very different job from collecting because the people who trade in the market are people who are targeting profits in a short time or quick profits in a certain amount so it cannot be compared to people who are collecting Bitcoin by run the DCA method.

Investing in the DCA method means that the investment does not hold some assets for a short period of time, but definitely holds them for a long period of time. Investors try hard and invest monthly or weekly to grow their investment by accumulating assets over a long period of time. DCA method is the best method to accumulate assets. Anyone who invests in Bitcoin with the DCA method will surely succeed, most investors have been successful by accumulating wealth using this method.
To me I feel like accumulating Bitcoin through the DCA method is less challenging if as an investors you really want to go that path, where the major challenge is, is how long can you hold, because patience alone can never be enough if you don't have another source of income and an emergency fund need to carry you all the way.
677  Local / Off-topic (Naija) / Re: Misplaced Priorities Of Some Citizens. on: February 08, 2024, 05:27:58 PM
My brother no be lie wey you dy talk, our country and Africa at large too dy religious, we even dy religious pass Israel and Saudi Arabia wey the two major religion originate from, see eh, for we country naija, most people even worship their pastor more than the God dem dy serve which is totally wrong.

As our country dy so now, the only thing wey fit stop this hunger and suffering na for everyone to hit the street and protest, but the sad reality is that for naija, we dy too do brother brother, even wen the person dy kill you. One major thing I take love Arab nations is that if as a government officials and you no dy do well, dem fit protest for like 6month straight, till them see result before dem go stop, even though government dy kill dem, e no go stop, because Arab people all have a determine heart, but in my country, one person go just go collect money and convince the rest people to go home. The earlier we start taking actions, the better, because God no go do everything for us, wen him don give us all the available resources to make a change.
678  Economy / Gambling discussion / Re: Gambling by financial dependents. on: February 08, 2024, 06:02:33 AM
Initially it will be very difficult to talk him out of it, because at his age he is so eager to explore, to me what am going to do, is to try as much as possible let him have no  access to spare money, because I already know that if their is spare money on him, it will be channeled to gambling, and When someone cannot fund his gambling harbit, and he puts it on another person shoulder just as this, it will be as if your the one gambling and that alone is an added financial pressure on you, so you guys should do all your best to make that kid understand why gambling is bad for him at his age.
679  Economy / Gambling discussion / Re: Africa Football Discussion || Current Topic: AFCON 2023 on: February 08, 2024, 05:47:56 AM
A very big congratulation to my country Nigeria for booking their place in this year African cup of nations finals, actually it was really not an easy game, because even before the start of the match yesterday, I was even talking about how worried I am due to the fact that 8 first team players in this south Africa side plays at the same club the memelodi sundown of south Africa, so  I know that their togetherness and team work would be topnotch, but in all that, even in the face of difficulties, my country Nigeria came out on top, secondly at last we have finally gotten someone that can replace Vincent enyeama in the  likes of mwabali. It was a well contested tie, even though on penalty, you need a little bit of luck, but the match was really a fascinating encounter expecially for the neutral fans
680  Local / Nigeria (Naija) / Re: Aside bitcointalk, what do you do for a living on: February 08, 2024, 05:25:55 AM
Bro, I believe say everybody get work wey dem dy do aside this Bitcointalk forum, as for me, i get wrk I dy do, and I also get business running for me aside this Bitcointalk forum because as a man wey I be, e no just dy good to stay idle, because dependant on this forum alone na idleness to me, when I get enough abilities to explore more of my potential, even God self go vex for me say him give me enough abilities, but I no wan use am, because nothing good pass wen you get different ways wey you fit get money.
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