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Trading can be a wonderful venture, but it comes with its share of dangers.
One of the primary risks is financial loss.
The volatile nature of financial markets means that everyone suffers loss.
Irrational decision-making is another pitfall; fear and greed can lead to impulsive actions that erode capital.
Overtrading, where traders make excessive trades, often results in losses
Lack of knowledge is yet another issue;
trading without a solid understanding of markets and strategies can be disastrous.
To navigate these dangers, traders must educate themselves, practice sound risk management, and exercise discipline in their trading activities.
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That’s cool friend, you have to work hard and make sure you make use of the three key of investment which are; power of knowledge, the ability of being patient and risk management, so you can be able to achieve what you’re aiming for and that of your mum.
Wish you best of luck
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That’s true, so many instances of writing a very long article and talking of same thing over and over again has confused many people in this forum, most especially the newbies.
I will advise that when writing an article one should pick out the vital parts to discuss and make it brief so that other can read and be enlightened on it.
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Hello friend
You said understanding of bitcoin before investing, and I stated it in the three key points above… The power of knowledge, which covers both understanding of bitcoin and many other broad knowledge of investment.
Every thing has a start, because for those newbies in this platform, they can’t just invest without having proper knowledge of how it works, so I thing the power of knowledge is a very vital key of investing.
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Hello friends
I want to shear with you three powerful secrets of investing.
First I will start by saying investing is sowing for the benefit of the future.
Investing is often portrayed as a straightforward path to financial success, but beneath that, there are hidden secrets that are rarely spoken of.
1: Being patience: For one to be successful, discipline and the ability to be patient both in long-term and short-term storms must be an habit .
2: The ability risk management: for you to be successful, you must be able to handle the downside of investing.
3: the power of knowledge: many don't emphasize the importance of continuous learning in an ever-changing financial platform .
For a successful investing journeys, one must observe this above 3 master keys of investing .
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Hello friends
In our modern society, the fear of being scammed by king pins and other fake platforms has made many people to loose interest in investing bitcoin.
This platform is to enlighten the society that there are real investment platforms and also people earn bitcoins for a living, so they should give it a try and invest so they can also earn and also when it comes to this particular fear I think the environment where one is actually staying also contributes to this fear because just the other I was actually explaining the basic essence of bitcoin to a friend and all he could even think of was that I want to basically scam him of his money of which he doesn’t even know that bitcoin is actually a currency on which people benefit wonderful opportunity like through savings.
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Hello everyone. Thought I should share my success story to build more confident minds. It has not been easy for learn so many thing here since I left because of the situations I have facing. But have been doing a lot of offline reading since I even forgot some letters to my password  , but remembered it later though. I have been a crypto(BTC) lover ever since I got to find out about it the hard way, which was through fake mining like the ones that we do on your mobile phones. At first some friends of mine who had no idea about bitcoin or who taught they had proper knowledge first introduce me into what I thought was real bitcoin mining being that I was very naive. I thought I was going to gain lots of bitcoin by just simply mining with my phone which was not possible as I later found out here in forum that to earn bitcoin through mining you actually need to get heavy machines which can costly a lot of money and I have wanting to start or have my own bitcoin saving but the availability of funds was like hell since am living in a country where only the rich gets richer and corruption is everywhere. I recently just quit my work as sales boy in the village which i have saved some funds which I can use to start my farm work which I intend on using the profit to buy bitcoin and save it. Patience was really a key to this my success of having a 80$ bitcoin portfolio because I had to get money the only way I know how in this my village which was through hard farming and I am very knowledge in cucumber and potato farming and it doesn't require a whole year before it starts yielding fruits@3months precisely. so I started the farming process few months back with the little income saved and am here to announced that I have successfully sold part of my produced and gather the funds to purchase some bitcoin worth of 80$( would added image but don't know how). So please am sharing this my story to help boost the faith of most new people like me who wants to buy bitcoin too and hodl for long to actually gather good profit, that you can also do it if you are determine and patient enough. I would like to buy more bitcoin but I will have to move to the city and get a steady job so I can save up part of the salary in bitcoin. Bitcoin is really the way forward and also the future currency and glad to be part of it. I really thank God for my cousin who showed me this Wonder forum. And please my typing skills are not too good so forgive any error I make. |
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Has anyone ever thought of investing in Bitcoin in previous years, but later left out due to negative though that Bitcoin will not have positive value in time to come.
Let share our experience.
As for me I still regret my actions years back, but I still believe that it's never too late.
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My counter to member rank
number of merit left :: 9
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Who has been mining any cryptocurrency and have succeded in withdrawing his money, cause I have minied so many cryptocurrency for past years and presently now, but has not have access in withdrawal.
Cloud mining are scam as NeuroticFish posted already. Either free cloud mining to lure you to pay for premium and have better mining reward, but those are not real bitcoin, they are just numbers represented on the cloud mining sites. Which means you will not be able to withdraw as they are in control and they are not legit. As the free part of cloud mining is even having high reward compared to what bitcoin mining is today, you should know that they are scammers that only just want you to go for premium version inorder to scam you. I get it cause their was one of the mining i was ask to pay certain amount before I could withdraw. But later on I find out that their was no way again to login. |
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Nope, if you copy another users post or copy directly from another website without providing the source you're not only breaking forum rules you're committing a crime. Plagiarism is not allowed, and is a ban worthy offence. Do not mistake this for quoting other users, you can quote other users, just don't pass off their content as your own.
Posting a imagine on the forum, isn't enforced as strictly, but I'd still recommend including the source if it's original content. If it's a meme, then providing the source would be incredibly difficult. Also, note that images should generally be used sparsely, especially memes, and they should be accompanied with an otherwise substantial post.
This doesn't mean you can just copy, and paste content, and provide a source. If it's done this way, it'll likely be removed for being of low quality. At the end of the day, this is a discussion forum, and we want original discussions here. Although, thanks for trying to clarify things before doing any of them, I'm sure with that mindset you'll fit right in.
Thanks bro I really appreciate ur advice, I will learn on how to post, but it is permitted to make research online, that is acquiring my knowledge. |
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For the past 6 days I've been in this platform I've seen many ideas and helping hands spirits circulating round this forum. I must admit the spirit of growth revolve in this group in so much.
As a newbie, I've been left with a confusing situation many times, sometimes due to the Trading Terminologies, Abbreviations and so on. With the spirit of being a man in me I come up with these plea, that my brothers and sisters here should help me carry along with the trading system so as I can as well grow like you.
First of all u are welcome, and again their are some people who have generally understand more about the forum, so I still urge u that don't worry every one here will share all our ideas and thought together. |
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Please I as answers to these questions.
Who has been mining any cryptocurrency and have succeded in withdrawing his money, cause I have minied so many cryptocurrency for past years and presently now, but has not have access in withdrawal.
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As a new member I want to make certain research and observation.
As a forum member can I use another member post but change some words and use as mine
Can I use picture on other site and post it here
Can I copy and paste from another site.
Please I need advice.
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I'm sure things happen to us that make us demotivated from doing just about everything, and it could be related to something you have heard about cryptocurrency, or it could not be related to that at all. Maybe it is related to your bitcoins like you were robbed or something, or maybe it has nothing to do with that.
But if you're feeling like garbage right now, I want to ensure to that this is not the end. There are new horizons in the future just waiting to happen to you. Forget what other people are saying. Focus on building yourself, so that you can take care of others you encounter who need your help, when the time comes for that.
*edited for topic title
Great lesson I will never forget. Back then when cryptocurrency (Bitcoin) was just at a low price people were saying all sort of thing I even didn't trade on it cause I was afraid of losing money, but right now my friends who invest in bitcoin are now greatly benefiting from it, I really regrets why I did not comply just as my friends. Also in bitcoin mining I still regrets all my actions. |
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Both are criminals and both should be punished. Ross Ulbricht is already serving his sentence. I have no qualms against him anymore. The real problem at the moment is Sam Bankman Fried. He is still not in prison because the US justice system is not as competent as it seems. He has bribed them and living a luxurious life under the pretense of house arrest. This is the same guy who made millions by using his ponzi token and caused so much pain as well as panic in the mind of investors. Many are still struggling to survive but this guy is enjoying his life in his house. He needs to go to jail!
Both criminals should be punish, but when we look into the perspective one crime might be greater than the other in my own view cause of the amount life destroyed financially, emotional and mentally. But all the same I still maintain the stand that no criminal should be left unpunished. The one at home @sam bankman fried should receive the highest punishment because he case is has left millions if not billions crippled financially due to this ftx scandal. But just like you said corruption of the justice system in the USA won't allow justice to prevail. Although he is still up for trials so can't be prison yet but let's see after the trial on October what punishment would be given to him. |
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In Nigeria I think we want to go back to our old culture but the government would not say that.
Just imagine having money in ur account yet u can not access ur money,
To withdraw no way
To transfer no way
To deposit no way.
I have come up with an idea since we can't have access to our money if u have rice give me rice I give u beans, if u have cash exchange it with any for what u need, my people chabi I tire.
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Nigeria has turn to a country with different drama every year, just imagine every year different acting of new scene, for instance
2020 the scene of lookdown (covid 19)
2021 the scene of end SAR
2022 the scene of blocking SIM
2023 the scene of new Naira.
Drama no dey tire us.
Gotten from Facebook.
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