I'm really happy to know that a cooperate organisation will accept to pay workers in Bitcoin even though it is a remote job. This is in-line with the reason for the creation of Bitcoin itself. For a country like mine where there is no tax on Bitcoin, it will be a major deal for you because you will be taking your complete money home without paying tax, I know it might not sound nice to some patriots, but then, anything that can add more money to our pocket is a plus to us provided it does not contravene the law.

Bitcoin has actually made life easy by offering a whole new dimension to cross borders payment

When I saw the post I thought your aim was to find a way of earning more Bitcoin just like people earn when they stake their tokens. This response narrowed your post down to psychological challenge. Well, I will suggest you go back to why you even started your Bitcoin journey.

If you still panic when price of Bitcoin is dropping,  most likely you are overinvested in Bitcoin and that is an error. You are expected to only invest amount you are not in urgent need of, amount you can leave for years and still live your life normally. Make the necessary adjustments and have peace of mind. You can adopt the DCA method that takes care of this emotional burden.

Every true Bitcoiner must give Bitcoin a chance to grow by developing a long term perspective that should withstand the periods of consolidation and corrections.

This is an old format that scammers use with the intention of gaining the trust of their victim before scamning them. I usually see it in Facebook and how this work is that they will hack several Facebook accounts, then use one account to make the proposal then several accounts to share testimony of successes... same person or group of persons controlling all the hacked accounts. If you are not smart, they might convinced you into thinking that it was a genuine offer only to find out when they are done with you.

Their targets is usually to steal your money or sensitive information and where that did no lt work, they will attempt to hack your account.  Like you said, trusting random people offering help in the internet is dangerous.

Let's be specific, which of the altcoins yield more profit than Bitcoin? If I remember correctly, the profits of altcoins are more when you buy at the early stages not when the market is already saturated, so are you suggesting we invest in ICO? If yes, do you realise that more than 98% of token fail? Is that a risk worst taking?

What's the difference between this suggestion and gambling? I don't think it is wise to gamble with money this way when you can simply accumulate Bitcoin and wait for halving that is happening next year.

Actually, a lot of Bitcoiner with fat portfolios are noisy especially on social media and that is not safe. However, I'm wondering how someone as big as Client Executive of Binance can be private without being known. I serious doubt the possibility.

This is a very important suggestion that will take much of the burden in the Beginners & Help Board since security issues usually take bulk of the discussion. Perhaps you can create a topic about this in Meta so it gain more attention. The ropsed cyber security and privacy board can come as a sub board under Beginners & Help.

In the case of the topic of discussion, I'm of the opinion that
Went too far in their bid to helping their brother. You can't help someone by destroying his name and reputation.  You don't cure an addiction by making it public, that's a wrong approach.

Do you know that even if such person manages to overcome his addiction after the family exposed his problem to the public without his consent, he will easily be reminded of his past by people at any little argument. This will immediately make him depressed and remorseful. 

While family help is important, the approach must be carefully chosen to avoid creating a bigger problem while solving a problem.

I been make one post like that for the Bitcoin Discussion board where I said that it is Bitcoin and nothing else. Omo my experience with shitcoins no be wetin I go wish my enemy self.
Na the hard way I take learn say Bitcoin na peace of mind. I been dey think say person fit make plenty money from some kind coins them but before you see those coins, you fit done lose wetin no good.

Anybody wey dey start this journey should focus on Bitcoin first because those plenty other coins them na trap. Them dey suck your money blow you breeze like one bad rat like that.

Thanks for sharing this information. Before now, I never knew that there were cryptocurrency before the creation of Bitcoin. Now I know better and one thing that stood out is that fact that Bitcoin is the oldest surviving cryptocurrency as the others died according to the source you gage.

Base on the above, the caption is not out of place, Bitcoin still remain the king. It drives the entire market and also have wider acceptance which is still increasing everyday as seen from the Bitcoin dominance that is above 50% as of today.

Someone suggested that, when it comes to investment in Bitcoin, using the word "invest what you can afford to lose" is  not too suitable and makes it look like Bitcoin is gambling or some sort of unserious business. According to him, the phrase should be "invest such amount you can hold for long, at least five to ten years". I tend to agree with him because if we maintain the phrase of what people can afford to lose,  it means low income earners are not supposed to invest in Bitcoin because I doubt that they have some money they can through away even though they can afford to keep small fraction of their money in Bitcoin while expecting it will become something worthwhile in the future... this can be some sort of motivation. The various methods of Bitcoin accumulation being discussed so far are all aimed at encouraging people to invest some fraction of their money to save for the future (HODL).

I have a colleague that ran this type of business in the hostels during his university days. He was not involved in the gambling but only lend money to the gamblers at exorbitant interest rate. By the time the gambling was over everyday, he was usually the richest among all the participants. As a matter of fact, 70% of the total funds usually ended up with him.

I don't know if it is the same model the big casinos use but I see a lot of similarities

This is one of the funniest thing I have ever read. I don't know if the more educated these scientist get, the more stupid they become.  The heavy industries in China, the open gas flaring in Nigeria and the various coal and nuclear powered turbines do not cause global warming bit Bitcoin mining farm? These guys are really making mockery of science just the way they did during covid19.  

I have always known it will come the point where governments will conjure all manner of theories and hypothesis to be fully in charge of Bitcoin and all that has to do with it. Mixers actually make this impossible, hence their outburst against mixers.
Before the advent of Bitcoin and tumblers, terrorism have always been financed through the conventional payment systems, NGOs, charity and religious organisations and others. Linking Bitcoin to terror financing is just a case of "giving a dog a bad name in other to kill it"

You be omo Naija and there is a popular saying that you should "follow who know road". So we fit talk say other coins dey follow Bitcoin wey know road, e no supposed hard you to understand?

Even though say some of these coins fit dey gain when Bitcoin dey drop in price, such gains na usually because of hype wey no dey last. Memecoins sabi do that thing wella but many of them dey die as fast as them rise meaning say na busy body them dey do. If Bitcoin no support the move, no put body o, make you no enter one chance.

I saw a notification about something like this yesterday, I guess the scammer posted it here with a brand new account of which the moderators have deleted the thread.

Anyone who fall for this scam is surely greedy and deserving of being scammed.  Who will give you $7k for free just because you signed up in a website? ... that is really funny!

As a guide to all, "if it is too good to be true, then it probably isn't ".

I don't know how you arrived at 70-80% of Bitcoin holders being into gambling, there is no source for that information and I feel it is completely wrong. Holding Bitcoin and being a gambler are two different things. No doubt integration of cryptocurrency payment has helped in the proliferation of gambling platforms and also make a lot of people to start gambling, that is not enough reason to conclude that 70% of Bitcoin holders and into gambling. In my country for instance, crypto gambling is not a thing and the percentage of people using such platform is minimal compared to the numbers holding Bitcoin. Gamblers are many and are mostly using conventional payment systems in doing their business. Similarly, Bitcoin holders are many too and are not much into gambling. Many of the people that are using crypto for gambling are not holders but can be regarded as users because their winning are easily converted to the local currency via Binance P2P.

You need to add more clarifications  to this. Investing in one business also make you an investors. Many successful businessmen are specialised in one commodity, why can't you calk them investors? Because they do not invest in many businesses? Bitcoiners who bought Bitcoin are also investors because their committed their money in the expectation of some profits.

If to say I be girl, this your post for make brain wella because the the job for be how to just find one honourable and piam, I don enter Dubai go flex. Unfortunately,  I be man so e never enter my head how I wan get an all-paid trip go even if na Benin Republic.

Another thing we enter my mind na when I still small, then person fit carry me say make we go on trip no be now wey I be adult and according to that song "Adulthood na scam" by Omolade, nothing come free now o.

Make I carry chair sit down dey wait for people wey know somebody wey know another person wey sabi the politicians make them come tell us how them dey run am take travel for free unto say another person or people don pay everything.

You are attempting to separate Bitcoin from the seasons you talk about as if they exist independently. Both bull and bear seasons apply to Bitcoin and simply mean the market condition for a particular period of time. When we say a bull season, it means for that period of time, the bulls (buyers) dominate the market and the price will continue to go higher. On the other hand, bear season means that sellers dominate the market and price continues to go lower as time passes. If at any point within any of the period, market reverses and continue to move significantly in the opposite direction to the prevailing direction,  then we have a reversal or transition from bull market to bear market and vice versa.

The key point to note is that it is the state of Bitcoin that determines what season we are in. The season does not exist independent of Bitcoin but Bitcoin price movement will make us call a particular period bull or bear season.

There is also a period of consolidation in which the market moves within a range. Such range market is where the market build the momentum to start a bull or bear season. We experienced this ranging market few months ago when price lingered between $25k and $29k.

In conclusion, Bitcoin does not have to obey these market season because they are not like the conventional season where we have to change our dressing code in obedience to the demands of the season... It is the price moment of Bitcoin that we call the season. I hope this make some sense to you

Family is very important in the life of anyone as they are the people that will support you in time of need. However, it is important to put in mind that family can take the wrong decision when watching out for their own. This very action might not be right even though the intention may be good. The man is an adult and has right to his decisions as much as he should be ready for the consequences for his actions. You cannot change an adult with force, especially when he is not ready to change. The best approach will be to continue to talk to him and appeal to his conscience to see the need to stop and change for God. Another approach will be to inform the people he listens to, those are the people that can talk some sense into him.

A feeling of loneliness can easily lead to depression. Somebody in that situation can do anything to feel better; some resort to drinking, some play games and I wouldn't be surprised if some can choose gambling as a solace. So, yes loneliness can be the reason for some people to indulge in gambling and if that be the case, their are chances such person will perform so badly in gambling. This is because the are not with the right frame of mind and that will affect their decision making.

 
I'm not among those who think they can gamble for fun because there is no fun in loosing your money. The winning rate is very low and the only thing that makes the difference is that win to loss ratio for gambling is very high which is as high as 1:10 to sometimes 1:1000. Meaning one win can offset several losses. Gambling is a serious business and should be treated as such and not like some random video game. I saw a ticket of a $100k bet shared here...that make me begin to wonderful who will place a bet of such amount and call it al for fun!

This is part of the reason Bitcoin was created, to offer a better alternative to conventional payment systems. Personally, it was the need to send money across borders that led me to Bitcoin because accessing FX for other needs was restricted in my country apart from education, medical needs and some selected businesses. I found Bitcoin which was easier, cheaper and more convenient to use.

People in my country see Bitcoin more from the angle of investment than what it was actually meant for, however, there is growing awareness on the usage aspect of Bitcoin, it may be slower than expected but there is progress. When the Russian-Ukraine war broke out, a lot of people repatriated their money home through Bitcoin. Some that were also stranded were able to receive funds through Bitcoin as well


Bitcoin has helped me and a lot of people I know but the percentage of people using Bitcoin is still very low. Not many people know that Bitcoin is a cheaper option for cross borders transaction.  I feel we still have a long way to go.

If you exhibit this character of extreme fear when price of Bitcoin drops, it is a sign that you have invested much more than you are supposed to invest in Bitcoin and that is not a healthy practice. It could also mean that you are not well aware of that price of Bitcoin goes up and sometimes down and never in one direction. Whichever be the case, I think you need to make serious adjustment in your investment approach if you must have peace of mind while being invested in Bitcoin.

It is character like yours that have motivated people to start working on different methods of investments that will take away things like this fears. If you spare some time to learn about the DCA method, you will realize the focus is to eliminate the kind of fear that you expressed by allowing you invest just little amount of your money per time and done consistently. When the amount invested is not a huge burden to your financial obligations, you will not fidget when price is going down and you will also be able to continue buying since you are already convinced that the investment will require some time before you begin to expect some profits.

I seriously recommend the DCA method for you.