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781  Local / Nigeria (Naija) / Re: Let's be more careful with local exchanges. on: March 21, 2024, 04:45:28 PM
You did well mate, this is the reason why this local board means a lot to me because users within the local board are always updated at the most needed time. Due to binance closing p2p transactions, many people are running to some other exchanges both reliable and unreliable ones just to make p2p operations which is very risky and one can get scammed in the process so it will be wise for everyone to be very vigilant at this material time because once you are scammed, that's goodbye to your money as methods to recover lost funds is very slim so we should apply high level of cautiousness and security and be very careful when dealing with anyone online.
782  Other / Off-topic / Re: Why do you believe soup is good for your health? on: March 21, 2024, 04:29:48 PM
Soup being dangerous to the body is dependent on the kind of soup and the ingredients that was used to prepare it. In my locality there are soups that have high nutritional value and it's very medicinal because as soon as you eat these type of soups that are prepared with some medicinal leaves, you become healthy and energetic to perform daily task without feeling weak and tired.
783  Other / Beginners & Help / Re: How to be ready when it comes to selling? on: March 21, 2024, 04:17:28 PM
Is it a good idea to still have most of my crypto on cold storage in a few months when the market is pumping and I am wanting to sell or is it best to start moving everything to exchanges which will then make it easier to sell?

If actually you have it in mind to sell your coin during the bull market I will say you can move your coin to an exchange that's if it is not in large quantity because I am seeing it that when we enter the halving the congestion in mempool may increase and transactions fees may also be higher then as it will also cause delays in sending your crypto from your cold wallet to an exchange address so you can move your crypto to an exchange and wait for the bull period for your to sell it off in the exchange easily, my opinion.
784  Economy / Gambling discussion / Re: What is your worst nightmare in a casino? on: March 21, 2024, 04:10:07 PM
I’m talking about the potential problem that you might encounter in the casino. Personally,  My worst nightmare that I don’t want to happened to me is when I hit huge jackpot while the casino investigate my account ask documents that will support my financial capability on gambling.
I have heard different stories of how some gambling companies frustrates individuals on KYC and other relevant but irrelevant documents before their withdrawal can be processed more especially on a larger winning. Gambling is very risky both in playing and when one wins because majority of gambling companies that exist all over the world is fake and fraudulent so it is advisable to place bets that the potential winnings would not be too huge to an extent that the betting site will be demanding you to provide documents that doesn't have anything to do with one's winning and again, learn to read the terms and conditions of any betting company because a lot of gamblers doesn't read the terms and conditions of gambling sites that's why they finds it difficult in times of larger winning.

Perhaps, your case is unfortunate because this involves a jackpot winning and not a normal placing of bets so it is not a good one on the reputation and integrity of that betting site.
785  Economy / Gambling discussion / Re: Drake and Bruno Mars An Example of How Gambling Addiction Can Affect Anyone on: March 20, 2024, 09:53:53 PM
While we often discuss Drake's well-documented struggles with irresponsible gambling and the "Drake's Curse", it's important to be aware  that gambling addiction can affect individuals from all walks of life. In this regard, let us take a moment to look at the case of another celebrity, Bruno Mars, whose gambling issues have manifested differently from Drake's.

In all, gambling addiction is something that anyone should not pray to experience because you live your life in the custody of gambling and it will demean you, devalue you, and make one look wayward even when you are earning good income because you cannot do anything valuable with your earnings other than always losing it to gambling and how the gambling habits of these celebrities affected their socio-economic well being is something to take note about and play gambling to an extent that you can do anything within your reach just to make money and spend it on gambling.
786  Economy / Services / Re: 👉{Update} ▄■▀■▄🌟Bitvest.io🌟 - Plinko Signature Campg, Member+ {Funds Escrow] on: March 18, 2024, 10:37:23 AM
Week 21 payments has been processed.

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Week 21 payment received as usual, thanks for your consistency and prompt payment beloved campaign manager @cryptoprenuerBrainboss
787  Economy / Gambling discussion / Re: Do you blame someone for your gambling losses? on: March 17, 2024, 11:09:37 AM
Really funny act. How will you accuse someone of such when you never had them in mind if you win the money? If you make a mistake, take responsibility for what you did and own up for your actions. Don’t try to make anyone suffer or pay wrongly when they are entirely innocent. If I had the power as the judge, I’ll make them pay even more time in jail because it could have been an innocent person.
Ignorance of some gamblers is the main reason for making such complaints. But as far as I know those who make such complaints know themselves that there is no use in making complaints against the person. But digging into the reasons why he would make that complaint, it turns out that there are some gamblers who can't squeak past their losses. They refuse to accept that they have lost. They feel that if the blame can be placed on others, they can give themselves some relief. These are some emotional steps for that person but as a gambler one should never act like this. Moreover, it is a fact that since the gambler himself is responsible for the gains and losses, there is nothing but damaged his own dignity by blaming others.

I wonder why a gambler will point finger at another for their misfortune in gambling because gambling is a choice of which whatever decision or action you take while gambling is to your own detriment even if you choose others decisions because even if someone tries to convince you on the reason why you should follow their advice, it is your duty to choose whether to listen or not to take their advice seriously instead of blaming the person.

Those days when I was much younger a man went to stake a game, on reaching the gambling hall, one of his co gambling friend told him to remove one of the events in his ticket and replace it with his own event and the man foolishly obeyed and removed it, when the results were out, the event that was removed played according to prediction whereas the one the friend gave him failed woefully, so why blaming your friend when you can possibly bet your game the way you predicted without listening to him or even if you were to follow his advise is not to have left your own but you can still play your own and play his own predictions as well so no body should blame anyone for their gambling losses.
788  Economy / Speculation / Re: Buy the DIP, and HODL! on: March 17, 2024, 10:52:48 AM
Considering the flutuation in the present price of Bitcoin there may be expectable more declining in price, although it's not certain but it seen to happen and if this happen those that are in rush to buy Bitcoin now may still regret for not waiting for minimum decline before making the investment. However, the present decline may be an avenue and the opportunity for those that were not financially able to invest at the high price of Bitcoin to invest and accumulate more Bitcoin as much as they may possibly afford with the expectation of a near future appreciation of Bitcoin price.
Thats where the deception and the statements of "had I known" usually arises as a result of the thinking that the market will continue to dip to a certain point  before we can then start buying and we end up failing to buy because the market as a speculative one later disappointed us of our expectations and dis the opposite by rising to a new price level unexpected. As a holder with a long term DCAing strategic plan as the market dips at each level that's how we should continue to buy if the money is available, we keep DCAing with each deep instead of waiting for it to get to a certain dip before buy, that idea is a wrong attitude and should be eliminated. Buying the dip doesn't have any price depth it is for us to keep buying and holding as it dips so that when the bull run takes flight we make multiple levels of profits from each point of the dip we bought (DCA) at in total.

Buying at a dip price is not a bad strategy, it's just that it is not advisable to keep waiting for a dip before accumulating unless maybe a short term hodler that is just interested in the little profit they would get in short interval of time. Apart from Bitcoin there are other investments that we do in real life that takes so many years before the profits start coming. Investment is not a get rich quick project as it requires a lot of patience and perseverance before you can start recording success in it.
Every long term hodler knows that there is no late time in Bitcoin accumulation process because certainly they will record some profits in the future so they are never afraid to keep accumulating even at a price that looks unbearable.

The reason why some investors fail while using the DCA is improper planning because I see no reason why an investor that have engaged in a lot of investment strategies would not know that before choosing to DCA they need a stable atmosphere that will not deprive them of their continuous accumulation therefore having a reliable source of income and possibly alternative means should in a case where the principal source isn't coming forth again, they can eventually fall back to the alternative means to still continue forwarding the DCA.
789  Economy / Speculation / Re: Buy the DIP, and HODL! on: March 16, 2024, 07:07:45 PM
Bitcoin does not necessarily need advertisment because when something is too good it can't be hidden, it is a choice to either invest in Bitcoin or not, advertising Bitcoin now is not something to be bothered about because it has pass that stage  and has gotten the recognition needed . Investing in Bitcoin should become more of self convinction and not because it is what every body is doing or talking about, who will invest will invest and who will not invest will not invest irrespective of how much discussion and adverts.
Seems you are missing the point on what advertisement is and that have to be corrected. The news you see on the print media, the hypes and all the excitement about the bull run are all different forms of advertisement.
Lol, it's very funny how some people feels that advertisement only involves coming to the media to announce about bitcoin and convince people on the need to invest in Bitcoin but just like you stated, the news of the upcoming halving and bull run is making trends on the Internet and so many people that were not interested in investing in Bitcoin are picking up interest base on that and Bitcoin creating a new ATH before the halving is another news that broke the Internet such that many people were also eager to invest in Bitcoin and since people always want to see results from others before developing interest, so the news of Bitcoin breaking a new ATH also made lots of investors to come in, these are various means by which Bitcoin have been advertised in many instances.

To be frank with you, without the news about Bitcoin spreading in the print media, most of the people that are invested in Bitcoin might not have even known about it. Some of us here came into Bitcoin because we heard about it from friends, social media or different platforms. I agree with you that investment in Bitcoin is a personal thing that does not require any convincing but the potential investor must first be aware of Bitcoin through someone or some means before taking that personal decision to invest.

That's very correct, the news of Bitcoin spreading across the print media also aided in the advertisement of Bitcoin and made most investors to come in to invest in Bitcoin. Bitcoin have been advertised in diverse ways just like other assets as those advertisments are what entices people to invest in it because without those medium of advertisements the hype in Bitcoin would not have gained this level of popularity and recognition it has gotten so far.

790  Economy / Gambling discussion / Re: Africa Football Discussion || Current Topic: Worldcup qualifiers - CAF. on: March 16, 2024, 06:20:25 PM
NFF hasn't told us Nigerians what led to them not renewing Jose Peseiro's contract but prefers to call out for a new coach on Facebook, leaving a good coach that has taken them to the AFCON finals which they haven't reached for long.
They had a contract with the coach and had a target for him to meet which was to win the African Cup of Nations but since he did not meet the target it means the contracts cannot continue. This should be the reason why the Nigerians Football Federation has let the coach go so another coach can try.

The super eagles coach was hired for obvious reasons which was to win the Nations cup so since he couldn't achieve the terms of the contract hence NFF seeking for another coach but to me, despite the agreement of the contract they would have still given him more time to continue with the eagles because he made huge difference during the AFCON competition and giving him more time would have made him take the super eagles to a certain length.
791  Economy / Gambling discussion / Re: Simple mistake that makes you lose everything on: March 16, 2024, 06:00:35 PM
My personal experience is a bad experience when playing blackjack. that's because I always double my bet when I lose.

Indeed, at some point the doubling can restore the condition of my money. However, when I returned, I continued playing in that way and ended up losing in a row which resulted in my money running out before coming back again.
It was a bad experience that I will always remember and use as a valuable lesson. that not always doubling the bet can restore the situation.
Doubling your bet after a loss is the famous, or should I say infamous, martingale strategy, the martingale strategy is often sold by scammers as a strategy that can allow a person to become profitable when they gamble, since it is true that with it you can win up to 99% of the time, but what those scammers do not tell you is that once you hit that 1%, not only you will lose your bet, but it is almost guaranteed that you will lose all the money you had at that casino.
I am a person who does not believe in strategy in gambling, because I think it is luck. I have heard a lot about this strategy used and to be honest, I have also used it, but in reality, I always lose, that's why I don't believe in strategies and things like that. Because logically a strategy can bring victory, many people have been successful in gambling if they use a strategy. But I don't see that now. I also wouldn't blame them for believing in the strategy, that's completely their right. It's just that for me, when something depends on luck, then all strategies don't work well.
This strategy requires us to double the bet every round, it allows us to spend money in a short time. And when we do that it doesn't increase our chances of winning. So consider everything, are we able to lose money in a short time because we hope for a strategy, or will we play normally as usual, because if luck comes to us then we won't miss out on winning, even without the strategy we use.

Though some gambling games actually have some strategy that gamblers do follow in other to win , they might not win conspicuously but there is not way they would apply that strategy and not win a round on several attempts even if the winning will be very little. I know of a casino game that people who are experienced in that casino uses a strategy to win but the strategy doesn't work always just like I stated.
792  Economy / Trading Discussion / Re: Is trading good for beginners? on: March 16, 2024, 05:52:58 PM
Trading actually doesn't need to be done by someone who is not familiarize with trading strategies and basic signals that will propagate the trading process but we need to understand that there are some point in life when the best way to learn is to lose some money because when you lose, you become more eager to understand the reason why you lost some cash and it will also make you to have more understanding.

Though trading is not too advisable for a beginner without any idea of how trading works but a trader have to start from somewhere despite losing some money in the process

unfortunately, there are two types of novice traders in case of such a situation. The first is a novice trader who learns from his trading losses and considers it a process of learning to trade. and he continues his trade.
and the second is a trader who does not learn from his trading experience. Even though he loses in trading, he always makes the same mistakes over and over again.

Trading for me is not for beginners. but beginners can learn to trade. whether it be from your own experience or the experience of others. as long as they want to learn, beginners will also become professionals when they persist.

You are right on your definition on the types of traders and you should know that be it a trader who wants to learn from his mistakes or the one who keeps making mistakes over again, in the starting point of trading losses are expected till one becomes used to how the system works. Saying trading is not for beginners, I don't actually know what you mean but how can someone learn trading without partaking in the trading process?

Losing a little money because of trying to trade or because of following the trading learning process is not wrong. But it would be better if in following this process you don't have to face loss because this will also affect a person's mentality, especially if the person is a beginner in this matter. Because beginners can also learn trading without having to face losing a certain amount of money, so if there is an option that does not require initial sacrifice, of course that option should also be considered even though the option you said is not bad for someone who has a stronger trading mentality.

So are you trying to tell me that professional traders doesn't lose money as well? Trading is risky of which sometimes traders do lose some amount of money so saying that a beginner doesn't need to loss while trying to learn trading is something I don't understand because just like I said, we lose money sometimes when trying to know about something and afterwards gain experience that will guide us next time in other not to run into losses.

793  Economy / Trading Discussion / Re: Is trading good for beginners? on: March 16, 2024, 12:13:35 PM
Someone met me and we were had a conversation on trade and he told me that he has used all he has been saving for trading and asked me if he can make something out of it and I asked him if he had any knowledge about it and he said no.

My question is can someone that doesn't have any knowledge about trading and how the system work can he or she trade and be profitable in it? Since at some points it has some compliments bof luck.
After some time of discussion, he has been told that it's just for them to choose on the candles sticks if it's up the they want to choose or the one going up just with this idea can they trade with such an idea.
so I wan to know if it's right for the person to begin trading?
I think trading is not right for someone who knows nothing about trading. If trading is done without acquiring the strategy or trading knowledge in the trading platform then he will definitely lose his money. And if he gets some knowledge about trading then he can earn some money from trading platform from time to time. If one relies on luck at some points in the trading platform but if one does not know the trading strategy he will surely suffer then luck will not work on him. So I think it is right for new people who don't know anything to come to the trading platform and I think holding is best for them.

Trading actually doesn't need to be done by someone who is not familiarize with trading strategies and basic signals that will propagate the trading process but we need to understand that there are some point in life when the best way to learn is to lose some money because when you lose, you become more eager to understand the reason why you lost some cash and it will also make you to have more understanding.

Though trading is not too advisable for a beginner without any idea of how trading works but a trader have to start from somewhere despite losing some money in the process
794  Economy / Gambling discussion / Re: Couple won the jackpot but split soon after! on: March 16, 2024, 04:48:52 AM
Based on the situation of this couple, regardless of them being split soon after the winning, I think the best thing to do here is to cut the prize into half so that tensions between the two parties will de-escalate and avoid any confrontation or emotional turmoil and stress that sometimes end up so badly on both of them. Ego clash won't bear good results that is why we need to keep ourselves calm and fair with others especially in a situation like this.

Even friends disintegrates because of money tussle so it just very bad that some people have given so much value to money more than their relationship with others and if you enquire from this both couples their reasons for splitting you would find out that it may just be as a result of one among them trying to have a larger share of the amount being won.

Even if they decide to share the money equally it still doesn't change anything because some people just enters into a relationship due to the financial benefits they get from the other person and not as a result of love so in a situation whereby such opportunity of this nature comes up, you see them filing for a divorce or seeking for a split because they feel that their intention for entering into that relationship have been met.
795  Economy / Economics / Re: What is The Negative Effect of Inflation on Household Savings? on: March 16, 2024, 04:32:03 AM
Keeping money in your banks will definitely be affected by the inflation whenever it hits, instead of keeping your money just like that at home or banks, there different investment plans that's if you don't like Bitcoin investment, you can go into goods and services trading to earn more income for yourself, the economic situation currently has reshaped the thinking of individuals who has been found wanting in this exhibition, people should build the mindset of investment, if you look at the interest rate if banks you will be discouraged to keep your money in any bank, I have always have the mindset that banks benefit more than the people saving in their firm.

You made some good points here but you should understand that investment also comes along with some kind of consistency because you can't just own an investment and abandon your investment and in the process of trying to build a solid investment, it will still require saving some amount of money in the bank till you get your desired capital to start up an investment because a lot of people doesn't just wake up overnight and start making investments because they also need adequate planning and fund raising so during this processes of accumulating funds in other to own up an investment still require storing money in the bank so inflation or no inflation, we can't completely run away from the bank.
796  Bitcoin / Bitcoin Discussion / Re: What does BTC mean to you? on: March 16, 2024, 04:22:47 AM
A lot of users here have stated what Bitcoin means to them but to me, I feel that Bitcoin is just the next generation life changer because they are going to be the ones that would enjoy more of the liberty that this digital currency has offered to mankind, and so far as Bitcoin continues to exist of which it would, Satoshi Nakamoto and crew would always be remembered for giving a solution to the world monetary problems through the invention and introduction of Bitcoin.
797  Economy / Gambling discussion / Re: Do the juice Worth the squeeze? on: March 15, 2024, 11:58:29 AM
Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?


Gambling is for fun and you do it at your leisure so a reasonable person can't spend so much time on gambling and discard other activities or means that earns them a living so whether you win or lose it shouldn't be a prerequisite that you will invest all your time and money all the time, you can be playing gambling and still involve your self in other means of livelihood so that you don't get emotionally attached to it.
798  Economy / Gambling discussion / Re: Can you stake on a potential(obvious) loosing team just for love? on: March 15, 2024, 11:37:26 AM
While in a football view centre last night, some of the football fans were arguing with the opposite football fans strongly defending their teams.

Normally, it is good to defend one's team even if they win or lose because that is what makes you a fan but staking money despite knowing the opponent are far better than the team you are supporting is what I see as abnormal, like what is the need of you betting in favour of your team when they face a more stronger opponent. We all know that football is a game of passion and entertainment be it that your team win or losses yet we still keep supporting them but not when money is involved.
799  Local / Off-topic (Naija) / Re: A Good Government Brings Economic Growth on: March 15, 2024, 10:39:40 AM
This is the reason why I have said it time without number that what we need in the country is state autonomy and resource control because if every state can control every activity that is happening within the states then everyone will not be affected at once because if one state is suffering, then the other states will be rejoicing because things can't just go wrong for all the states at once.

If all the state control what they produce, it will bring governance closer to the people and will surely bring about growth and development rather than depending on the federal government before any decisions is taken.

Instead of agitating for Nigeria to disintegrate, let us try this resource control and see how it goes because at this point of our economy, if we rely too much on the federal government then the country might collapse entirely so the development of those governors is indeed a welcome achievement for those states and nothing makes a government become more successful than when the citizens are raining praises and prayers for such government as a result of the good governance they are bringing closer to the people, it helps the state grow and develop rapidly.
800  Economy / Speculation / Re: Buy the DIP, and HODL! on: March 15, 2024, 10:12:51 AM
All my life, I never knew that emergency funds should alway be in place in whatever investment one wants to go into. It was when I came to this topic that I saw how important it is for everyone investing or not investing to have an emergency funds should incase we face lost of job. I only knew how to save to achieve something of value.

I agree with you mate and like I mentioned on most of my post, this thread has been a game changer in advancing my understanding on Bitcoin investment because just like you before I came here I had no idea on most of the things that was discussed here such as the DCA, and the importance of having an emergency funds because all I knew then was just how to invest on Bitcoin without knowing there are things that should be put in place so that I cannot ran into trouble during the holding process, so I most say that coming here has totally change my investment narrative because right now I no longer invest the way I used to invest, so I believe that I'm not the only person who has been inculcate on our investment journey through this thread, however all thanks to @JayJuanGee for always making out his time to inculcating us about the ways to go about Bitcoin investment.

Emergency funds doesn't only apply during investment as it cut across all ramifications of life because whatever thing one is doing in life and you don't have an alternative, is likely you won't prosper much because at some point even for those of us that are earning very little and we are making some savings to start up our investments, you will find out that while saving if you don't remove some money that you would use to solve some immediate problems, then you will keep on tampering with you savings of which you may not be able to achieve your goal of meeting up your target of owning an investment.

We should know that emergency funds Plays an important role in our investments journey because certainly, unforseen challenges will erupt of which if you don't have an immediate source of handling such situations then you will repeatedly tamper with your holdings and may not really be able to meet up your desired goal of accumulating more in other to reap in full.
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