Is this the wrong advice? A friend of mine took over his father's company because he is so old already and he told me about the money thats available doing nothing in the bank.
I told him to think about investing that money if he wants to keep the company growing, I told him about how MicroStrategy is doing so well using Bitcoin as a strong backbone of the company, I believe that even a small company can turn big if they use Bitcoin as their main investment.
Or am I wrong? I need to know if this advice is a good one or a bad one, I gave him this advice because we are very close and also because I will do the same thing if I am in his shoe, this is the best thing i can think of right now.
In the first place did he seek for your advice of If may ask? It only feels wrong when you try to convince him to have the money Invested on bitcoin but right when you shares about the potentials of bitcoin in both Ups and Down with him and let him decide according to his conscience. |
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What make people so much believe that immediately they just buy bitcoin they will become rich, like I was just thinking about this, if people think the bitcoin you buy will bring more bitcoin just like that.if bitcoin should be something that only brings profits I doubt if it will be still existing today. It would have ended just like other ponzi schemes that placed over the years. Technically when you buy and hodl Bitcoin you're going to make profits if you can have some patience with your investments. Nobody had bought had held Bitcoin and regretted it. The only time you'll regret is when you sell due to fear of the market crashing. Bitcoin has it's time when the market is red and when you sell during this time, you'll be at lost it isn't like by hodling Bitcoin that you're going to lose, no you only lose when you sell so don't sell but keep holding. People are yet to under how the financial markets works, if they do they won't be worried about the ups and down of Bitcoin price. Anything tradable has be to volatility, what just make that of Bitcoin different is because it's a new market and doesn't have many users yet compared to other financial markets. That's true, You only lost when you're not patient in holding your bitcoins asset and before embracing the digital market, you must understand that the bitcoin assets are volatile financial technology potentialed to increase in value. That's apparently to say it has its times of Ups and Down which can't be predictable. So, you to keep holding and keep eyes on the market hoping for a rise before selling. It's quite believable that those that holds longer never regrets it while those on the timelines of quick sells are most regrettable because they sells at a lower price when market is yet to rise. Bitcoin can actually make you rich but it depends on the approach you take, it isn't a get rich quick assets but can make you rich when you buy and hodl. Others have done it in the past and it worked for them, yours isn't going to be different. You just have to know that the ride isn't all going to be smooth all through. There'll be rough times that your patience will be tested and only those who had diamond hands will be rewarded at the end of the journey.
People are too optimistic about Bitcoin because of the way the moon boys advertise it on social media platforms like YouTube. This is the reason we have many weak hands in the markets that sells at any negative news they see because they came into the market due to the hype they saw on social media without understanding how things work over here. They just think it's going to be a smooth ride up but that's not how it works.
It's FOMO that actually makes faithless bitcoin Investors to sell their coins and have doubts on bitcoin after looses due to their impatients. |
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It is definitely a cause for suspicion if a person comes forward to help you for no reason and if that help is in the case of your wallet. Wallet is a very important thing, no matter how much we invest if our wallet is not secure but our money will not be safe and if money is not safe there is no point in investing there. There are many such fraudsters who will message you on Telegram or any other site by themselves and through the message they will try to know your wallet information. As a strategy to get information, they will point out various problems of your wallet in front of you unnecessarily, so if you are confused by hearing these words, you will share some information of your wallet with them and this information is enough for them to cheat. If the private information of the wallet can be saved, then the wallet does not have much problem, I think we have to be careful not to fall into the trap of such fraudsters.
I agree with you, there're definitely dubious people in this Crypto sphere would may disguise to be good Samaritans to help you out from a needy or even when you make a public post in need of help pertaining your wallet, a lot of them would show helpful interests to you claiming to really help while they're of selfish mindedness just garnering to get access to your wallet. Sometimes they may sincerely help but keeping your wallet on watch to steal your funds in a way that you wouldn't even have to them on suspect. |
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Most times, in the crypto space alot of beginners rush into trading without fully understanding anything about how to go about it. I won't be surprised that this person telling his friends not to go into crypto just heard about it and decided to rush his luck of which failed. Though trading is risky and takes a lot of practices, there are still experts out there who understands how to go around the market. They make loses alot, but this isn't a reason for them to start pointing fingers for their failures.
It's true, out of speculations that crypto currency is an lucrative industry beginner rushes to invest their funds on trading while ignoring to scope around in understanding what it requires to trade in the crypto markets. As much as that, traders can't avoid it all lost free because even the experts do count losses but not as the unknowledge of beginners because they can always hold up to the emotions of their losts to rise again. |
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We need law and order back look whats going on with our beatuful cities  I went in Canada Im so happpy that people fear police there nobody don't ever think about silly actions. All the world Police should see Canada police as example. I don't agree that someone get robbed on the street mobile phones or robbed in the middle of day light. We need armed forces on the street and If anyone do Even one silly move their hands will be braked and police dogs will haunt them down  Those guys who do bigger crimes not problem they behave Nice and well mannered and behave nice Im not talking them Im talking about silly people who disturb others with their small silly crimes. We need goverment power to make law and order It doesn't bring ways forward to the society if you think those who commits bigger crimes should be overlooked while those who commits little crimes should only be taking response to be conducted by the laws and orderliness. Yes i understand the aspect you're going which is about those on barbaric activities such as molesting, bullying and the hoodlums. I agree that they increases much tensions to the Societies when the laws overlook them. Don't you also want to discriminate those street drug dealers? If yes, then be assured that they've bosses from the top covering them who're the architects commiting the bigger crimes so, they also should be charged by the laws and then it'd also affect those by the streets. Is it about the armed robbers? Of course they also have bosses sponsoring them so all angles of crimes should be returned back and look into by the laws without leaving a section untouched. |
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Listen what this Austrian Economics / Mises Institute author of a book titled Better Money: Gold, Fiat, Or Bitcoin? says here: https://youtu.be/g7vI957pg7U&t=2597I don't see any reason to think that the price of Bitcoin is going to be predictably higher in the future. 🤦♂️ If I'd say according to what he said of the improbabilities that the price of bitcoin would be predictable to roar higher or depreciating. I literally doesn't sense any sentiment on that comment because to me, it states obviously that bitcoin is a volatile currency and can't be predicted. Although while considering the influence of bitcoin price in the future, I see every tendencies that it'd keep to rise but yet I can't predict if its specific value and can't tell if it'd surge to a specific maximum value. I can only assure that bitcoin price can never be dropped to valueless price even in the future. |
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I believe we should always work to educate those around us about bitcoin so they are ready to defend themselves even against scammers. Bitcoin is a payment instrument that will be used in agriculture and is not limited in any way.
Actually I don't know how you think this scenario would enhance education to do away from scammers, don't be too believe that bitcoin as a blockchain which transactions can be traceable with the public ledger is limited from scammers to shoot their targets, you also need to understand that bitcoin is a digital technology currency which demands higher classic of knowledges comparing to the fiat and the uneducated society we lives today is not conducive for such preaches as you may think. So it would even be seen more difficult for higher number of individuals to defend themselves from transacting with bitcoin in the current societies of today. If you as a dedicated strong hold of bitcoin enthusiast can defend yourself by it, believe it that there're certain traders and persons around you who're defenceless due to their lack of knowledge not just to bitcoin but of the digital and technological world. Anyways, I applaud the woman accepted to have bitcoin payment, that'd as much encourage not just the big traders but also petty traders to adopt the system and so gradually bitcoin is sporadically spreading in the society. |
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You talk well, the economy system has really hindered most of bitcoin Investors from Investing and accumulating a lot much as we could be proud about. Most of us the bitcoin Investors are really finding it more difficult to keep holding our bitcoin asset talk more of buying to accumulate more. While you're holding financial challenges in one way or the other will occur and the economy situation has always been to ugly to help out, so, we're most tempted to sell out coin to solve an urgent matter.
Airdrops, campaigns and the bounties has as much been sources to earn free bitcoin and other cryptocoins after some taxes and so much, it's an opportunity for we to accumulate more to our bitcoin assets as it could give encouragements of our assets increase in values.
Although the airdrops and all that can't in anyway do it all to satisfy the amount of bitcoin we all needed to accumulate and not even when the economy is stable can satisfy that. The fact is that we just have to be contented and be proud of our bitcoin holding because it's a ticket to illuminate our future.
Just as been adviced, we should be careful on participating in any of these taxes to earn free funds because there are malicious projects and also participants who're just there to steal from others.
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The moment we realized that we cannot function without the help of each other, then we will identify and know the value of each everyone around us, the government cannot lead all alone without the support of the people they govern, same also the people cannot live a coordinate live without the help of the government leadership, which also tells on how important everyone is and why we should value ourselves towards the realization of everyone's achievement of his or her goal in the society we lived in.
To me I don't realize the importance of others to be when they can help me to achieve a goal, I basically look at importance of others via their potentials on how they can impact the society and how we could network and drive utilizations amongst ourselves. I hope not to rely on a man because they can fail you at a high emergency expectation. We actually live for the sake of others because we can't do it all alone and that's why we needed leaders to govern us so that there could be well condonation just as you've pointed. The security agencies can't also do the security jobs all alone that's to say security and wellbeings in the society is everyone's concern to be prioritized. |
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So now I am not sure what to do, should I just keep it or try to open and see ( i really doubt there is anything there ).
If there are coins inside i won't be able to use/transfer them without pass and bruteforce wont probably work.
So does anyone have any suggestion?
With all the stress you've explained which you passed through just to get access to the wallet is believed to be that you needed to help the parents get reached to their sons assets which is stored in the wallet before his demise. So why don't you do what you can to get access to the wallet as to know if there was coin inside Instead of coming to ask the public here. I don't also know the kind of suggestion you needed again when your late friends parent has called on you to asiste them recover their sons funds. Or do you mean technically guidelines on how you can maneuver to get access to the wallet so that you can transact with the assets? Honestly, I worry why the parents would call on you on such case because this is a sensitive view thing if I may say. Does the parent knew your friend was a bitcoin investor? And how do they think you're best convenience to do that task knowing that bitcoin has wallets involving passwords and private keys so how'd the parent think you could have access to such privacy. |
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What are the value criteria that users consider important in this coin market?
What are the basics to drive real participation?
Is indiscriminate advertising the answer?
I want advice
I'm genuinely seeking opinions on community engagement and liquidity provision
Please evaluate the overall situation of our project.
Identify any issues.
The most criteria Investors considers in this crypto market is the Coins potentials such as coins values, speculations such as coins popularity and rate of investors adoption of the coin. Basically on considerations of the coin being reliable with reputabilities. The basics to drives participants is projecting awareness such as the media and the coins project sponsoring social activities that could earn the participants rewards for a prize. Hyping too is a good strategy |
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I'm dedicated to learn by what has happened to other to be accounted an experienced although I'm still one kind who love experiments as that but I don't have such amount of fund in my wallet to play around with such.
I've got the Bitget Wallet app and few on trends stored in my device but there have been lot of them I haven't made use of. The frustration that the government has caused crypto enthusiasts with the centralized exchange has really staged every crypto enthusiasts to panics and potential losses of funds because investors at point of pressure to sell trade their coins to naira for emergency used don't even consider all those aspects of exchanges taking advantages of them just as the so Bitget is as verified.
At first of reading the thread I thouht the price changes was going to be a cause of price fluctuations and the validation of when the transaction was confirmed. Not knowing it has been an obvious program that a specific percentage would be dedicated from your expected amount to receive. That's an extortion of a criminal acts. For goodness sake where does the so dedicated percent goes and why's it not being added to the receivers payment?
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When the authorities think they have it all under their control, technology is also there to take part of control technically where no one would have ideal about how technology is also rulling the world.
We can imagine how much we just believe that our mobile device securities is based on how strong holding of the device not to be reached by anyone to be accessed or by creating strong security keys.
The device manufacturers are being ignored to consider the device security features by the users.
We can imagine how vulnerable most of the used devices such as the android devices are being exposed with weakened security system.
This is also to say that we don't have that 💯 Privacies with our devices. It's just funny and seems foolishing that one could be having a private times with the operating system of a device and believing since there's no one seeing and no one has access to your phone you're totally a zero track to be invade with your device softwares.
I duly appreciates this thread.
So I hope we all do checkmate on our desirable devices if we intend or has already been engaged having any of the mobile devices to store our crypto assets. Atleast considering the worth of your Crypto assets is not worth to overlook your security packages of the device in usage.
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It's clearly caused by bad weather. Iran didn't want him dead. Israel did but I don't see a scenario where they could have done something.
If there's no reason, there's usually no outside involvement, but in this case there's such reason: a warning. Iran has recently angered some powerful nations with basically unlimited resources, so I wouldn't be surprised if someone placed a small explosive device on that helicopter and waited for a good moment (bad weather) to detonate it. I'm talking about a micro device, the size that could cut a wire or sever a hydraulic connection. An IED the size of a coin. If it wasn't an accident the Iranian side will probably want to keep it a secret anyway because they don't want the world to know their security detail had a mole, or failed to protect heads of state. Possibly be that there could be conspiracies which might either be traceable in time or untraceable. But since it's not mentioned yet that it was a linkage of being a homicide action, let's not intend to fumigate falses but like I said, there're lot that the media are always keeping off from the public. Sincerely expressed, the scenario doesn't detect ordinarily because there'd be chances to Suspended the flight during when they noticed the bad weather to be a safety barrier if that was the case. Just you @darkangel11 has said, Iran has been engaged with enemies in both recent and previously which could result to the accidental occurances. Let's also not underestimate the power of governments being mean to achieve their goals. It's usually beneath how we expected it. |
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I am begginer with crypto , is there any possibility to earn something?
It is hard to give directive because you didn't specify what you want to earn but let's assume it's cryptocurrency, you can earn buy investing with what you can afford to loose in the moment that you're a beginner and then as you keep to growing your knowledge and also of your interests in the Crypto sphere, you can slate of accumulating more buy investing more funds but just in a moment, don't forget to keep holding and be aware that the longer you hold could be the chances you can earn more. Less I forgot, it's possible for you to earn from crypto currency because you can always invest with a minimum affordable amount of money. |
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While it's a meme coin, I believe Laika has potential due to its community-driven approach, products like the SuperVerse concept, and their well-laid-out roadmap. What do you think about this, and what do you look out for when picking meme coins? It doesn't sound good hearing that you got interested on the Coin after reading articles about the project, so don't get so easily convinced with those spiced words in lighn of the medias. To me, I haven't heard of this project coin before but as for you who had found interest on it, I wish you well. Responding to your question on how I picks my MemeCoin invest on, I strictly figures the Coins potentials and moreover, their historical possessions because I don't invest on newly projects. |
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According to the data on CoinCarp, CZ's legal troubles have cast a shadow over Binance and the entire crypto market. As the situation unfolds, investors closely monitor regulatory actions and CZ's fate. BNB's price will remain volatile, influenced by legal developments, investor sentiment, and market dynamics. CZ's admission of guilt and the massive fine imposed on Binance have shaken investor confidence.
I'd had doubted when you said the situation of Binance has shaken the market and investors but then I had to think twice before reacting. I'm submissive to this because Investors demands and supplies determines the market value which unfortunately the incident between Binance and its CEO CZ and their unlawful charges has weakened investors to have rethinks of what the future of cryptocurrencies maybe if a whole influential crypto enthusiastic like CZ could be guilty of such fraudulent charged activity. But I'd only have to o say that investors shouldn't attache their investors emotions to that because CZ is just an entity then fortunately cryptocurrencies are decentralized nonx custodial digital network which not even the government can influence its potnetials talk more of an individual. |
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Who's updated with the news that President Ebrahim Raisi and seven other people were killed in an aircraft? Do we describe this occurance to be an homicide or fatal aviation accident? I'm just thinking maybe sometimes we should just look away from how media may twist informations because they're usually not sincere in revealing the reality to the public. |
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okay my country people, I greet una I just carry one issue wey I think say go make sense well well for our Nija board and most especially for our newbies them wey just start to use Bitcoin and cryptocurrencies. we know say one thing we everybody need to learn d most for this cryptocurrency world, na to know the best way to keep our funds safe. Many of us no Sabi thing wey we no supposed do to avoid lose of funds. cryptocurrency na one interesting world on it own, but bad things still dey sub everytime. some how we go think say e no dey possible for Dem to hack us thief all our funds, until e happen.nothing dey impossible for this world. I don see many people for this forum dey cry about how dem take thief Dem one way or the other con wipe all their funds. I wan use this means take show us some wrong things wey some people dey do wey go fit put thier funds for wahala. 1. connecting our wallet to unknown websites all in the name of free coins or airdrop. some dey call am faucets. just last week for here, I remember one topic wey I don write concerning this airdrop matter. I say make I still add am for this thread because this wan na common habit for some person. when ever we hear airdrop, we way rush go link wallet. some of these airdrop or faucet fit be scam. e dey hard to see better wan wey go pay you and even when Dem pay, the money no go reach you buy bread. so I no see any reason why we go waste our time and at same time put our funds for risk. to join airdrop no be bad thing oo, the only problem wey you go con get na when you connect wallet wey you take dey keep your funds put for these websites. just last week person come dey cry for forum say e go kill him self say Dem thief e funds. d guy go connect e wallet put for airdrop, unknowingly say na scam. Dem wipe e wallet. make we dey careful, even if we wan still collect these airdrop. 2. using third party software : normally, we know say many of us don dey use to mobile wallet. this one na because the hardware wallet, wey dey safer come day too expensive to buy. these mobile wallet dey easier to get with just few data you don install am. as we dey install am make we no forget say our device fit dey exposed to many threat for the internet. this one na why e dey important not to dey download anyhow app put for phone wey we don install and fund wallet put. some people go say they wan customize their key board, some go say them one add wallpaper join their phone, even ringtone app sef. These apps sometimes fit dey designed by scammers to get access to your phone. and normally, these apps dey always need permission to take run. so if you give them this permission, anytime you go online their creators go easily connect to your device without you knowing Dem go search for personal documents wey fit connect to any of your fund. let's all be careful. 3.storing you seed phrase the wrong way. we all know say our keys na one most important matter wey as a Bitcoiner or cryptocurrency person we no suppose use am take play at all. some people go just dey lazy to the extent of storing their keeps put for Gmail or online cloud apps. I still no know watin dem dey think Sha say Dem no fit hack Gmail or something. these days, many people Dem Sabi store personal documents well well for Gmail say na e dey easy pass.This wan na d worst practice wey most people dey involve Dem self. like this, your funds no even be your own at all. make you no dey forget say you no supposed leave your keys for any online platform no matter what. not your keys not your coins. These storages na third party dey run am and dem go fit get access to your files. Again, some people go dey snap their key dey store am put for phone as image. snapping images of our keys con keep an for our phone dey expose Dem to anyone wey get access to our device. normal Dem go see am as picture, but if bad person see an and e no watin e be, Dem go thief am take wipe your funds. even sef, if your phone loss or wipe then forget your funds. you go like to check this thread by (name) on how to store your keys properly. 4. no trust anyone we you meet online: okay, as many people know say this thing called internet dey sweet, still e still get many bad persons Dem. their sole purpose for there na to fish for victims wey Dem go fit scam. as person wey dey new to cryptocurrency, e dey easy for person to lure you into yeye investment. Dem go shine the lie well well for you to make you believe say na better one because you sef no get idea at all. this one na why Dem dey always dey advice people for forum, to dey careful with who ever you wan do business with. and most importantly do your own research well. there's no quick way to make profit, so if person dey cap give you say you fit make millions over night guy na lie. keep off from such. this one na the few wey I fit talk put for now Sha, but make we dey careful as newbie. Nigeria don too hard to dey fall victims of scam. any money wey you get now, you know how manage you take sweat get am so make we all dey wise. On love my country people  Thank you for all that elaborated Op, I believe this piece of article will save lot of beginners who'd adhere to this information. While I haven't participated in any of the airdrop projects before, I'm wondering why investors would even associate their wallet containing crypto assets bought with their hard eaned money with a social public service as airdrops just to earn free funds. That's a big risk of loosing everything and it doesn't seem unhealthy to such investors asset. However, with all that being outlined, having your Crypto assets stored in the centralized exchange while considering greedily to omit transaction fees is also an exposure where Investors assets can be trapped by scammers. |
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The message wey this picture dey tell us be say, e no easy to be a long term hodler, because you go face so many challenges along your bitcoin journey for you to fit dey successful. If you no sacrifice get patient and discipline, you no go fit hodli because you be weak hand.
Now wey bitcoin price dey $66k, some people get money to invest but them dey feel reluctant to invest because them feel say na waste of time. In future, if bitcoin reach $500k, na those same people wey you tell to invest now wey no invest go dey say...o boy, you get luck o. Of which na sacrifice and commitment, not luck. No matter how hard the country be investment na e go make things easy for you tomorrow. No suffer for fun now, and still suffer for old age. Suffer now invest, and enjoy tomorrow.
Indeed you made great caption from the pic. This is just as said that what you dot know is bigger than you and when you fail to give those anticipated opportunities trial, then you'd always assume there're some tricks attached to it just to attract the masses while some would say it was just a luck. Sometimes I would of it's about luck as they may say, why don't they also give it a try if the can be lucky as that too? Some people has seemed to have proud excuses over their failures and reluctant to eject out of poverty which they're not even comfortable in. Indeed it's uneasy to invest cryptocurrency and watching it depreciating and yet you ignores to be sentimental with the market situation and still keep accumulating more to increase your asset values and maintaining disciplines not to temper with your assets until reaches a specific target. |
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