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821  Alternate cryptocurrencies / Altcoin Discussion / Re: Memecoins Making people more profitable than Alts on: March 17, 2024, 03:50:46 PM
Memecoins don't last and we all know what and why they were made. Not like I'm supporting them, but in all honesty, they give quick money.
If I did want to invest my money without my heart skipping then I'll option in for alts and bitcoin. This one is just an extra profit to make in the meantime

Op from your point of the argument, do you also agree that memecoins are also airdrops? Because the characteristics of memecoins are also found in the Airdrops and the investment methods are there the same I also see them as one both the altcoins are all the same. But what I also discovered there are stages of this movement. At first when they are launched in the ecosystem they are called different names both in shitcoins, airdrops and memecoins and this is when they are in the short term investment or live shortly but whereby when the project stay and becomes fruitful and gain ground in the ecosystem and increase in value then it because altcoins.

Therefore I also see no different among them.
822  Alternate cryptocurrencies / Altcoin Discussion / Re: What cryptocur investment would you recommend a beginner for a a start up stage? on: March 17, 2024, 03:22:29 PM
Op before I introduce someone to invest in the cryptocurrency world then I will recommend to him on the project when I have enough knowledge about and not the one *they said". The one you have use will be reliable because you can direct him what to do and how to keep his coins. But if your recommend him to the one you have not used and you made the recommendation because people told you to do so. Your friend might be frustrated because most of the things he might want you to help him out, might not be done because you too is not familiar with the coins.

Yes I will ask him to invest an altcoins but to a very familiar one.
823  Alternate cryptocurrencies / Altcoin Discussion / Re: Memecoins Making people more profitable than Alts on: March 17, 2024, 03:12:36 PM
Op all depends on the time, plan and period of the investment. Hypes are to implement the profits of the memecoins but even at that I still take altcoins. Altcoins are more profitable then memecoins. But that can happen if you are investing in short or long term. If it is short term then you can invest in memecoins and if it is long term then I advise you to invest in altcoins. Though not all altcoins are good to invest and likewise with the memecoins and memecoins are even the worse.

Most of the memecoins are from Ponzi Scheme family so they are not last. And also people lost money in memecoins. So be careful with them.
824  Other / Beginners & Help / Re: My First Experience With Bitcoin on: March 16, 2024, 03:52:17 PM
Op, you have made a good choice to invest in Bitcoin. Bitcoin being the first and the most trusted coin in the crypto network has gained enough reputation due to its genuine nature, and those who have invested for long term can boldly tell that they have benefited from this innovative invention by Satoshi Nakamoto. In Bitcoin investment there is no late time in buying the coin, the mistake some persons make is procrastination. When you ought to buy today and you procrastinate till next week or month, you might miss out some profits, of your aim is to invest for a long duration for like 4,5 or a decade then you might likely get enough profit, all it requires is just patience.
People always said that you made a good choice to invest in Bitcoin when it's not just Bitcoin that people can invest. There's also ETH and altcoins to choose where earning profits is also possible. Well, if they are not familiar with other altcoins or eth then Bitcoin should be the first choice and of course, knowledge about bitcoin and blockchain related topics should be learned. People should also keep this in mind where they shouldn't invest in what they haven't heard or know of yet (it is very much the same as diving to an unknown body of water which we won't know if it's safe or not unless we study it first).
Investing in Ethereum, Solana, Dogecoin and Eloncoin is also a good idea. But in this context is like the op invested in bitcoin and that is why Makus specifically mentioned bitcoin as a good project for the Op. Because everyone interest is on bitcoin and not on altcoins but altcoins are alternative investment in which one can invest in them when you invested in bitcoin before then if there is any spare funds to invest in them then you can do that. Because diversification of investment is good.

And the two instances the Op gave that made her or him to like bitcoin might have motivated him well. The student has done well with bitcoin for him to see and he was motivated by the student display of the Landed and other properties with with bitcoin funds. Op you are welcome to the forum.
825  Local / Nigeria (Naija) / Re: How we fit benefit from FG clampdown on Binance? on: March 16, 2024, 03:39:20 PM
In everything we dey do we dey also consider reputation and if those platform wey you list above been don face any issues e go hard them to gain back their trust and for people to start flucking as usual e go hard instead people go prefer other exchange to do their trading and p2p transaction without any compromise. Talking about we government as me see am somethings just be like say people no get sense because even as them attacks binance Naira never still fall back to 800 or 700 instead e still dey within 1598 to 1600 per dollar, she what is the benefits of attacking binance?
Reputation is one of the most important thing to acquire in this life and you don't have to lobby to get am but you doings (characters). Me now apart from government sef, I no dey too like Binance before sef cos their vendors dey misbehave well well. Sometimes dem go buy coins and when dem never send di money dem go tell you shey dem don pay make you release coin. And me if I no see alert, I no dey release any coin for dem until I see am for my account. Their characters e no good at all. But our federal as other e don talk am before na lack of knowledge dey worry dem.

How den go accused Binance say na dem dem make di naira dey fall and now dat Binance no dey do country and dollar now dey increase like tomorrow no dey, dem even ask dem sef question at all. Because di way I dey see sef di president no even know weti dey happen edis country.
826  Alternate cryptocurrencies / Altcoin Discussion / Re: This time for meme coin? on: March 16, 2024, 02:27:19 PM
Meme coins has taken over the cryptocurrency ecosystem and more are coming so if anyone is investing you should be careful because most of them are from scammers who developed those useless token to scam people and they might stay for a long time of 3 to 4 years and one thing to detect them they don't develop in value and can't found in popular Centralized Exchanges. So investing in altcoins is very much risk but if you are lucky , and invest in the legit ones then you can make it when it enter the bull market. And I will only advise you to invest in the most popular altcoins you know very well.

Ethereum, Solana and Dogecoin coins are good to invest in.
827  Alternate cryptocurrencies / Altcoin Discussion / Re: Restored Metamask with seed phrases....all the token lost? on: March 16, 2024, 02:11:15 PM
Op if didn't see you token then don't panic and you are not in any problem or trouble and all what you have to do is to click on import token hyperlink at the bottom of the app. Please follow the procedures and get back your token.

When you click on the import token, then on the search bar type the token name. Example: Ethereum then click import. One thing you have to know is that, you have to know the particular network you used because there are different Ethereum names are on the list.

And after clicking on the token name then you click on the import and it will successful imported
828  Alternate cryptocurrencies / Altcoin Discussion / Re: When do we expect the altcoin season or has it already started? on: March 16, 2024, 01:42:12 PM
 I think Meme coins are also in the rising time now. They are moving with bitcoin so as bitcoin is going up they are also going up. Like two days now as bitcoin came down to $66+k Ethereum also came down to $3+k from $4+k and others as well. They are all on the bull market with bitcoin and after the halving and the All Time High (ATH), and when bitcoin will enter or start the bear market, then all will follow bitcoin to the bear market again. And yes those who missed bitcoin when it was in the bear market can dive into altcoins and invest in them but it should be 50% then keep the rest 50% for the bitcoin bear market and invest in it.
829  Local / Nigeria (Naija) / Re: How we fit benefit from FG clampdown on Binance? on: March 15, 2024, 10:18:46 PM
Binance made an announcement that today that they restricted a good number of Nigerians accounts and it is only those who have hear will understand the language of Binance. I have been saying and others too that we should remove our coins from the exchange and don't use it in fact delete the app but some people still have faith with the exchange. And what Nigerian government is doing with Binance in is misplacement of priority. The best way is to restructure their policies and send the monitoring agents to all the institutions and monitor their exchange processes.

Now today dollar rate is N1,615 and it was N1,500 and this shows that they are still not doing anything to reduce dollar instead focusing on their nonsense policy to  without monitoring agents.
830  Local / Off-topic (Naija) / Re: Nor be Your Data Finish, Na Underwater internet cable cut cause am on: March 15, 2024, 10:10:11 PM
And also add to what you said, to assess the forum. And for me to sell bitcoin is not a problem because you can keep your bitcoins for the period that there is no network but you can be comfortable when there is no network to browser the network. And that will lead to the use of bendband dish to connect the internet and browse. And that will affect plenty business and lot business owners will lost enough money. Even now too in Nigeria the network is not strong enough for to browse the internet effectively but we are just managing for now.  Me I know shey na bad government dey cause all these nonsense and ncw good government comes things will change.

P2p should wait until the network is restored and continue the transaction from whate it stopped.
831  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH, SOL or other... Who will be the protagonist of this cycle? on: March 15, 2024, 08:25:03 PM
From your topic ther should be no comparison with Ethereum because it is very far from higher than the others in the cryptocurrency world except Bitcoin. And from the content of yours Dogecoin will supersede any other altcoins in the list. And the coins you mentioned above from the topic to the body I still bet Ethereum  to the the top 1 among all the altcoins both the you didn't mention as well.

The the second one to be mentioning is Solana coin which is the second coin to Ethereum.
832  Alternate cryptocurrencies / Altcoin Discussion / Re: Cardano vs Ethereum on: March 15, 2024, 04:48:29 PM
Op there are sometimes there is no need to make such comparison because the gap between the two is too big. Look at the price of Cardano $0.7145 and look at the price of Ethereum $3,698.70. I see this as a wrong comparison. And the so called Cardano shitcoin will never and ever replace Ethereum in any year. And op you don't have to think that the Blockchain are different they are already different. And they can't coexist but operate in different dimension.

This is the first time I am even hearing of this Cardano shitcoin.
833  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it safe to use Telegram bot for trading ? on: March 15, 2024, 04:35:41 PM
It was today that I came to discover that telegram has a wallet bot where one can use to buy and sell and the buying is easy because there are ads in the buy side but the sell p2p has no ads so there is no way to sell it buy if you deposit. And when I saw the bot I was surprised and I will not advise someone to use that bot because I take that app as a scammers' den. Look at the wallet in telegram.

But if you want to try it. You can but use small funds and not big funds.
834  Alternate cryptocurrencies / Altcoin Discussion / Re: Sell Crypto TO Fiat in a Crypto Friendly Country? on: March 15, 2024, 03:58:33 PM
If you want to sell cryptocurrency just visit your local cryptocurrency exchange or international centralized exchanges like Binance, remitano and others. I will not advise you to use your cryptocurrency and open account with them in the fiat Banking system because you don't know what they would do and accuse you of. This to avoid unwanted drama among you guys. As a cryptocurrency holder and you are running from tax then that is wrong, just pay your tax and stay put in your home town and do you investment instead of running because of tax.

If you want to pay your debt with fiat then sell and pay their is no big deal there.
835  Alternate cryptocurrencies / Altcoin Discussion / Re: new meme coins with potential? on: March 15, 2024, 03:45:30 PM
I also noticed that most of the meme coins have increase in price and they doing well. Dogecoin, Eloncoin Solana,  Litecoin and others. And Ethereum is one of the altcoins that is doing well. And Op if you looking for  suggestion of altcoins to invest then I will recommend Eloncoin for you because the coin is still on it early stage and it is coming up like any other altcoins so if you invest in it in this early stage and when the coin will ripe then you will be smiling.

By next year this time Eloncoin will hit $2+ and those who invest in this year would make it from it and those who invested in it when it came out has already making something out from it. You can tet Eloncoin and hodle it for some years and reap what you sow in that time to have plenty.
836  Alternate cryptocurrencies / Altcoin Discussion / Re: Help me to invest altcoin now on: March 15, 2024, 03:26:42 PM
Op you should not be intoxicated with that amount and before you make an investment, you have to make some plans so that you not enter the market in a wrong time. If you know that when you're enter the market now and it will favour you then you can invest but if you think that the market is on the peak now and your profit will not big as you will want it then you have to wait for the right time to come. I am always on the waiting list to buy when the price goes down again.

In my own plan if I invest now it will not benefits me because the market is on the high side. So once the price goes down the I will top up the wallet again.
837  Other / Beginners & Help / Re: A curious Newbie!! on: March 14, 2024, 10:11:59 PM
Hi everyone, I'm a newbie with crypto knowledge though. I'm here to network. I see some beautiful profiles with lots of merits and I'm interested in being like that someday. How can that be achieved? Is it like a gift or something.. pls help 😎
Op it is very simple for you since you say d you have the knowledge of cryptocurrency so probably you are not here to learn but to educate others and what you are looking for will come to you without stress. But your posting history does not look like someone who have the knowledge of bitcoin but that is not withstanding you can also make it if you determine to have them all what you need is good contribution and knowledge educate others. But remember you have to work hard to receive those merits.
838  Alternate cryptocurrencies / Altcoin Discussion / Re: Elon Musk hints Possibility of Accepting Dogecoin for Tesla Car Purchase  on: March 14, 2024, 09:54:16 PM
 Elon Musk is an influential person in the cryptocurrency ecosystem world and that will be a plus to the Dogecoin project. It will make the coin to have more value and rise in rate in the cryptocurrency market. It has been long I have been hearing that Elon Musk was the one that making Dogecoin to in value but I have not really seen him invest heavily like the way he does with bitcoin. Is it that he is trying to patronize the coin or he is investing in it willingly? Because if he was investing willingly then the coin price would increase more than that.
839  Local / Nigeria (Naija) / Re: If you can't Invest in Bitcoin, buy assets on: March 14, 2024, 09:41:14 PM
Mate investing in an asset aside Bitcoin is good but one thing you need to know is that everyone does not understand what aset is all about, some people value to be seeing their money in figure wether in the bank or Bitcoin but these same people don't like the idea of investing in any other money-making ventures, it takes a business minded person to understand the importance of investing in long term asset that's capable of generating profit as time goes by, op your points and emphasis are very accurate but people will still find it difficult to follow this path even though they have the money to do so
A better definition of what kind of asset to buy instead of BTC would have helped buttress our OP's point in total.
An asset should be an investment that increases in value over time. It most times isn't as affordable as buying few Satoshis and DCAing till almost a decade as stated.

Unless one intends to buy gold or silver or NFTs or real estate assets that can be resold for much value in the future, anyone investing in a startup or following through with a business idea should expect to make loss and that's why it is advised by most, to accumulate funds by DCAing BTC and then withdraw or liquidate and invest in the business idea that has been lingering.
This is what I wanted to say. Before one invest in any project you have to know the kind of project you are interested in and that is you have to know the project want to invest because you can't just invest in a project that is not worth investing for. And it will s not all the assets nare good to invest with. There are some asset that you invest and you will lose enough from it. But if one must invest and as I said it is good to start when things are low in price. It you invest in this period then you are preparing to low more and if your are investing in bitcoin at this time of the bull market then you have to wait for another five years to come.
840  Other / Beginners & Help / Re: Quickest way to earn merit? on: March 14, 2024, 09:29:03 PM
 Many people have asked this question before and answers have been given to them and most it is always coming from newbies. Op there is no big deal on that issue and all you have to know is that you are here to learn bitcoin if you have not known it before so your have to first of all focus on that first before any other things. Then you should also know that there two things you have to know here. First you are to learn bitcoin by making research and asking questions here in the forum and also in Google Search Engine. Then the second one is you are to teach or educate others when you have learned.

So that others will also benefit from you as you benefits from other. These are the two major things in the forum and what you need (merit) will come on it own.
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