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81  Bitcoin / Bitcoin Discussion / Re: No risk no gain on: April 29, 2024, 11:30:55 AM
I regretted very much why I didn't take a risk. If you want to do something, you have to take a risk, nothing happens without a risk.
You just proved a point concerning how people look for motivation in others to do a thing, especially if it's something that involves risk. You could've invested the little you could and let your unwilling brother be. We've to realize that it's even a big risk dragging others to invest with us in what they know not of. If it goes wrong, of course they will quickly turn round to blame us. If it goes well, we only get a "Thank you" but never a monetary compensation for leading them into profitable investment. The "thank you" will even be from those who care to show gratitude; others will even act like they never sold or made profit from it.
82  Alternate cryptocurrencies / Altcoin Discussion / Re: On a scale of 1-10, how confident are you in your holdings? on: April 29, 2024, 04:10:24 AM
I've some coins I won't sell off until they get me a nice ROI as I continue to keep a watch during this bull rally. Even if they dip now, I still won't sell off in panic. That's Bitcoin and I score it 10/10. I've some launchpad tokens, especially those from the stable of Bluezilla. I score those 7/10. Even if they crash now to point zero, no regrets for I've made back my capital from them and extra profit. I've a few memes from Solana and Ton, and trying to add more of BRC20 memes to my hodling. To these ones I score 7/10 also. I score them that high because we're in a bull market and memes are a crucial part of this trend.
83  Economy / Speculation / Re: Do not let the over excitement after the bull-run pull you out to danger on: April 28, 2024, 06:29:33 PM
... are you going to go out there and let those who were in doubt about the profitable potentials of Bitcoin to let them know about your investment in the Bitcoin and how so well you are doing in the industry?
It will be childish for those who will want to do that because they will be exposing themselves to unnecessary danger and finger-pointing. Why will anyone go to brag before those who doubted them? If anyone who succeeds with their Bitcoin investment to a nice ROI must do anything loud, it should be for it to reflect on their improved lifestyle. That's the best way to announce it, not flaunting and throwing it in anyone's face. We've to be cautious with whatever we do with our success. There's too much envy out there.
84  Economy / Speculation / Re: Why has bitcoin prices not increased just after halving ? on: April 28, 2024, 03:59:13 PM
Bitcoin mining fees has increased considerably today after halving but there are no effect on bitcoin prices. I suggested some friends to invest before and they are blaming me for the suggestion. I told them to wait for final effect as it can take some days for effect on prices but they are impatient.
You bought on FOMO and that was too early. The right time to buy is always a few weeks after halving. I'm considering two to three weeks after halving for price to dump. Already, we're witnessing that but it hasn't got to the point I'm speculating. Price has to dump to scare people so that there will be redistribution of wealth in the hands of hodlers. Those who are paper hands will sell off in fear and new hodlers will emerge or OGs will have an opportunity to acquire more. From TA point, there are several corrections that should take place. The first point is around $52,300 region and if it breaks that it heads down to $43,450. I don't want to see it go further down. The first level should be ok. But then, I can't dictate what the market should do. I'm just a keen observer who trades what he sees and not what he feels. Anywhere the market directs, we follow; otherwise we get burnt.
85  Other / Beginners & Help / Re: Only Sell what you don't need. on: April 28, 2024, 04:46:50 AM
What I have to say is that instead of selling every asset to invest in bitcoin it is better to still have these asset and also try to make bitcoin another asset add to the existing ones.
People sell off assets to invest in Bitcoin simply because they don't have cash at the time an opportunity presents itself for investment and they don't want to miss that opportunity. For them, it's a juicy moment they shouldn't allow pass them by; so they sell off one to invest in another. Most times, those who sell these assets have a plan of rebuying them once they make nice ROI from their investment in Bitcoin. Whether it works out that way or not at the end is what we can't tell.

First I'll like to differ on the popular saying on this forum that we should only invest what we can afford to loose in bitcoin. I think that we should change that mindset, because it degrades bitcoin, like it's something that is not worth investing a substantial amount on. Among cryptocurrencies, bitcoin, stands out as a top valued asset that guarantees ROI for investors.
No one is disputing that fact of Bitcoin being top among cryptocurrencies but caution still has to be exercised in Bitcoin/crypto investments. This industry is volatile and full of uncertainty. Wait till you experience a bear season and you will realise why that caveat of only investing what one can afford to lose remains a maxim.
86  Bitcoin / Bitcoin Discussion / Re: Upon the death of a bitcoin user. on: April 28, 2024, 03:50:34 AM
Similarly to bitcoin what happens in the event of my dismissal since no relative knows about my investment. It doesn't really make sense if my family can't enjoy my wealth. Will it be lost or is it good to entrust someone incase I'm no longer there?
This is one of the reasons I don't advocate complete, "keep it a secret" thing when it comes to Bitcoin hodling. There has to be someone close to us who should know we're actively involved in Bitcoin investment. We don't have to tell them what we're worth but leave little clues as to where to look in case of our demise to recover hodling or most of them, especially if one keeps several wallets or other altcoins. Let's not keep acting like hodling Bitcoin or cryptos should be a cult type of thing. Even with cults, people still know those who belong in them.
87  Bitcoin / Bitcoin Discussion / Re: Why you should only hold Bitcoin on: April 28, 2024, 03:35:51 AM
According to CoinGecko, there are over 2.5 million cryptocurrencies (read more here: https://www.coingecko.com/research/publications/how-many-cryptocurrencies-are-there).
When I came into this space in January 2017, there were just about 750 of them. I took note of that because it was one of the things I used to gauge the industry then to see how lucrative it could be. I didn't realize it has grown this far already. 2.52 million cryptocurrencies; that's a huge number.

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Let's also take BNB as an example. A market capitalisation of $86.74 Billion and ranked as the #4 coin overall. It is developed and owned by a private company, Binance. Their objective primarily is profit for their company.
Take it or leave it, every business exists to enrich itself (through profit making), I ain't talking of the scam ones among them. So, what CZ Binance does with his BNB isn't an abnormality. We can't say Binance, the exchange, hasn't energized this industry through its innovations. It has, of course, and in some ways has created new openings for businesses and projects to flow well.

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What I am ultimately getting at here in the theme of my post is that there is no other coin besides Bitcoin, which you can trust can be held over the long term. What are your thoughts?
Well, we can also say ETH is good too. The major thing dragging its growth back is its throat cutting gas fee.
88  Economy / Speculation / Re: Simple prediction: 2024 bitcoin at 200.000 dollars on: April 27, 2024, 06:53:05 PM
Letts just check the price difference in ATH at every circle.
1st was $1,163 – 2013
2nd was $19,333 – 2017
3rd was $68,982 – 2021

4th halving was supposed to have a new ATH from the previous but there was a big dip from the 3rd to 4th halving so we hope that by the end of 5th having a tremendous figure will be achieved.
I had to put that I bold for clarity. We're still in expectation of where price will get to in this 4th halving to form the ultimate new ATH. What we've seen so far after it broke the 2021 ATH is still far from what I'm expecting. Initially, since last year, I speculated that price would be around $120k–$150k but from what I saw a few weeks before halving is suggestive that Bitcoin is more likely to blow past that range I enclosed it in. I don't know if anyone saw the figures I'm going to supply here below but I don't know the source. I saw it in one of the telegram groups I belong 👇

BTC Halving Price History:

2012
$12 at Halving
$964, a year later

2016
$663 at Halving
$2,550, a year later

2020
$8,740 at Halving
$55,801, a year later

2024
$63,300 at Halving
1 year later...


So, we just wait and observe what's in stock. If we go by the figures up there and the number of X each did, let's even go with X4 which is for 2016 and the least; that puts the 2024 expectation around $250k. That will be crazy if it does come to pass, really.
89  Other / Beginners & Help / Re: Your favourite exchange can be nowhere to be found on: April 27, 2024, 01:56:53 PM
mempool should not be a reason to choose exchange to keep bitcoin over good non custodialwallet
Except one isn't a trader and is going to hodl for a long time, leaving coins in exchanges will enable one speed up trading of coins. The process of waiting for coins to confirm before placing trades isn't an experience one wants to witness. It's a frustrating one, especially when entry positions are clear. I believe that's why those who do it, do so. For instance, I've a few coins in exchanges I use for viable project staking. I don't have to keep transferring in and out whenever I want to stake or use them. No matter what we do, we can't completely eradicate risk in this industry. We can only minimize it.

Talking about exchanges disappearing or being no more, that's a part of the risk in this industry. We can only do our due diligence (Research) before patronizing any exchange but whatever happens later isn't what we can decide. Part of my research mechanism is to check the trust rating of any exchange before opening an account. I try to stay with those from 8/10 to 10/10.
90  Alternate cryptocurrencies / Altcoin Discussion / Re: Post halving, why are altcoins the most affected on: April 27, 2024, 11:00:07 AM
If we're going to compare the drop vis-a-vis what Bitcoin has lost in price since the halving, we will discover that Bitcoin is even the biggest loser, not altcoins. It has lost over $4k or thereabout per coin. I'm not sure there's any altcoin that has lost over $1k (of course, I'm referring to ETH) since then. Perhaps what makes altcoins a centre of notice could be that a lot of people erroneously assume that alts should join the rally as fast as possible but they forget that alts won't bull if Bitcoin dominance doesn't drop. At 50+% dominance, Bitcoin still rules the market. Anything that makes it bleed will also affect alts as it's right now. That's what we see in the market ATM.
91  Alternate cryptocurrencies / Altcoin Discussion / Re: Why'AltCoin and related projects mostly been promoted by lower rank memebership? on: April 26, 2024, 03:44:29 PM
...and they don't want to dent their reputations by hyping or promoting a project that can end up being a scam.
Apart from the fact that OGs can smell scam projects and their moves if they sniff harder, that's why they steer clear as most of new projects are only out to enrich themselves and not those who invest in them; OGs also don't want to be tagged if projects they shill turn scam. High ranked accounts, especially those with reputation, see their accounts as their identity and image and will do anything to protect them even though here is an anonymous forum. However, don't be surprised if you discover that some of those new accounts promoting these alt projects are owned by high ranked members.
92  Economy / Economics / Re: Invest on your dependants if you too must grow further on: April 23, 2024, 09:18:46 PM
Doing financially well as a breadwinner in your family is not sufficient enough to encourage your financial growth or stability when you don't optimize to make provisions on how your dependants can also stay financially independent to themselves because over billing can actually weigh your aiming down.
I get your point. The issue you raised presupposes that in a family where only one person is rich, that family is poor. To help oneself become financially stable, one has to better the lot of one's dependants by teaching them how to fish by themselves and not throw fish at them. As Africans, we live communally by the extended family structure and that makes it difficult not to have dependants. We can't escape that. However, wisdom is profitable to direct on how to lift them out of penury without distabilizing one's finances.
93  Economy / Economics / Re: Your aging and retirement plan is your responsibility. on: April 23, 2024, 08:21:46 PM
While I've come way too far thinking about this as I also goes around the towns and sees old people aging so helplessly as they're vulnerable, I fear not to be in such situations so then, I'm striving on making positive differences.
This is where active trading is advisable. Nothing compares to that. Except a trader develops a mental illness or is incapacitated in a way that their mental health is affected, nothing stops them from earning till they drop dead. Trading is stress–free on the long run. It's just that most people don't want to endure through the learning process first. Profitable traders keep paying themselves for life and they're pensionable by themselves without depending on anyone. They won't be vulnerable financially once they're profitable.

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At some points in life, you don't expect to be thought lessions before you could learn but you can learn from others experiences.
So true! Only a foolish person falls into the same pit they see someone before them fall into.
94  Other / Beginners & Help / Re: How possible can a forum memeber visiting foreign local board here? on: April 23, 2024, 07:24:14 PM
Is there any penalty resultant of a bitcointalk forum memeber to double Cross in accessing and also contributing to foreigners local board discussions?
There's nothing wrong in accessing and contributing to other local boards but you must do it without a translator. If it's a board you understand and can write on, go ahead with that. You aren't breaking any rule here. I've gone through a few local board discussions in the past because of some posters I was following so I could see how they also wrote in their local boards. There's that prompt at the bottom of local boards with option of translating whatever language to English language. I used that to understand whatever that was discussed but I never dared to post in them because that would be me using translator for it, and that's breaking a rule here.
95  Economy / Economics / Re: Problems with a foreign partner on: April 23, 2024, 06:08:21 PM
Hello everyone from Ottawa. We encountered unexpected problems with a partner from Belarus. Tell me, is it possible to solve them at a distance?
Your question is as vague as anyone trying to store water in a basket. You wanted a solution but you didn't even leave any little hit or clarification as to what issue you're having. Only a biblical Daniel can tell you your dream and also interpret it too at the same time. I'm not sure there's one here like Daniel. It will be to your advantage to equip us with details if you truly seek help. It has been two days since you put up this thread but you're yet to revisit it. I guess you're just cruising and not necessarily in need of help.
96  Alternate cryptocurrencies / Altcoin Discussion / Re: Exchange native tokens Vs Wallet native tokens on: April 23, 2024, 03:35:34 PM
What are your thoughts on the speculative potential of BWB?
I think it will do well and that will be based on the exchange's ability to have a working collaboration with other projects, especially mining projects and airdrops, and coax them to list on its platform. Airdrop projects gather a lot of noise and media attention and that will further help in exposing Bitget. Already, Bitget is gathering momentum as tap2earn, shake2earn, move2earn, claim2earn projects spring up on a daily. It's through one of such projects that I got to open an account with Bitget. Publicity is what pushes projects/products out there in the faces of the public for patronage. It's after this that people think of utility. Aggressive marketing is what Bitget needs to imprint its name in the heart and consciousness of the public. Once that's done, demand for its token will rise.
97  Other / Meta / Re: Why seeing merit button on my post when I can not merit my own post on: April 23, 2024, 12:17:23 PM
OP, your observation is merit worthy. Sad I don't have any to splash on it. I believe that button was an oversight when merit was coded into this forum, and could be too much work to edit out after it was discovered later on. Perhaps, @PowerGlove could come to the rescue now that such is under review.
98  Other / Meta / Re: Introducing scammers to the forum. on: April 23, 2024, 11:13:40 AM
I know some scammers are intelligent people who read a lot and can discover this forum from their research while trying to gather information,
Reading brings about exposure and development. He who won't read shouldn't blame others for reading. You're right about the level of hard work and reading scammers put in a bid to up their game. So, why can't regular people also do same and shake off laziness at reading and in making their own research? A few number of us stumbled on this forum in our bid to settle our curiosity.

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Avoid referring the forum to friends and even family who we know have tendencies to become scammers, have affiliations with any known scammer, etc.
I ain't sure anyone who isn't a fraudulent would do that but we know how fraudsters and scammers snoop around to find information. They might be looking into one's devices when one isn't watching and then go search the sites out after they've memorized them.
99  Economy / Economics / Re: Does sound money have to be Private? on: April 23, 2024, 10:03:44 AM
I think for a money to be sound you must be able to transact privately with no third party in the transactions.

What do you think?
If that's your definition of sound money, then we would be looking at something clandestine. That makes it look illegal and full of criminality. I don't think we want to look at Bitcoin in that light. Yes, Bitcoin tends eliminate third party interference but that aspect of transacting privately isn't what we should categorize Bitcoin with as no transaction is hidden on the Blockchain. Everyone who's interested in following up on transactions sees what's on it.

~snipped~
This is exactly why I am using crypto as well, there isn't any type of changes made by some person who wants to make a change. That's literally the situation at fiat, some dude goes and says he wants this, and he gets it, that's it.
We really never can rule out that possibility of change in years to come, seeing that we now have memes on the Bitcoin chain which wasn't the case until this circle. So, we can't say of a certitude that change won't be possible in future.
100  Economy / Trading Discussion / Re: What is your advised for being a trader? on: April 23, 2024, 08:18:05 AM
Trading is kind of risky thing where you can generate money and you also can lost the whole fund within few seconds.
I laugh when I read conclusions like that about trading. I laugh because loss is something that cuts across the entirety of existence in all that man does. It's not just about online trading alone, even traditional offline trading faces same; even structures like building projects face same. We see buildings collapse, meaning everything put into them come crashing too.

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So it isn't recommend to trade if you don't know anything.
It's the same way nobody walks into a theatre and takes up surgical tools to carry out surgery on patients or goes driving without passing through driving tests. If anyone does any of those, the expectant result, we know what it should be. It's sad that people think trading that should guarantee them earning for life shouldn't be taken seriously. They think it's something they can get a mastery of within a few months. No, it doesn't work that way and that's why there are more losers than profitable traders.
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