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861  Alternate cryptocurrencies / Altcoin Discussion / Re: After Bitcoin and ETH, now XRP is pumping. on: March 12, 2024, 03:02:20 PM
BTC and ETH are the bosses of the crypto markets. We have previously also seen that when BTC and ETH rises in prices, all other cryptos also follows them. So definitely XRP now just started, now BNB and other coins will soon follow the lead and will go up. Basically the crypto markets will go green in few days now. Hence it is advised to buy the coins and hold for few days. Once the ATH price is achieved, sell the coins to yield the maximum profit.

It's no surprise to me that XRP is pumping now, Bitcoin started and Ethereum followed, and they've both paved the way for every undervalued altcoins to pump in this bull run, so investors should take advantage of this season to invest in them before their ATH. Aside from Bitcoin and Ethereum, that I can conveniently hodle on the long term, I'll have to speculate on the prices of the others and determine on an estimated price to sale them.
862  Bitcoin / Bitcoin Discussion / Re: JP Morgan says BTC price could drop after 2024 halving on: March 12, 2024, 01:35:06 PM

What do you think of Bitcoin's current situation? Will it retain ATHs after the halving? Or will there be a massive bloodbath in market prices? Do you think the halving is already priced in? What would you do? Sell or keep "hodling"? Your input would be greatly appreciated. Thank you. Smiley

I think that what is certain is that we're going to experience a massive bull run, because the Bitcoin ETF has created more awareness for it, the adoption has increased significantly, so more investors are flooding in to invest and have an experience of the bull season's ROI. I feel that after halving we can experience some price fluctuations, pretty much what is happening now, but it won't dip to $45k, as estimated by JP Morgan, it won't affect price to reach the estimated $150k or above in the peak of bull run. So far I'm focusing on the peak of bull run, I'll keep hodling.
863  Economy / Economics / Re: Food security might not be a priority for younger generations. (2) on: March 12, 2024, 11:02:08 AM
*Reposting this topic from my post in other forum.

There is a huge possibility of younger or new generations adopting cryptocurrency investments compared to them getting interests on farming and food related sectors. What do you think? Does it have a good or bad effects on our economy?

The crypto investment sector is different from the agricultural sector, I don't think that crypto investment can stop anybody from engaging in any other work, like agriculture, it's an investment that you can engage in and still do your regular day job. Except perhaps crypto trading that requires special skills like learning fundamental and technical analysis, the investment part is basically to hodle and monitor the market trends to know when to sale and buy.

I think that why the younger generation might be more inclined in crypto and other internet related jobs is because they don't want to get their hands dirty, they prefer a job that doesn't require manual labor, just technical skills that they can stay in a comfortable place and do, unlike the food sector where they need to engage in manual labor to get their job done. Another reason could be as earlier mentioned, crypto investment gives them chance to engage in other things including agriculture.
864  Economy / Trading Discussion / Re: Joining a Trading Competition to Flex My Skills in the Bull Market on: March 12, 2024, 09:59:18 AM
Only professional traders should go into trading competitions, because if a newbie like you with no trading experience goes into such trading competition will lose, because you don't understand what the market is like. We are already in the bull run, and this is not the best time to trade, since bitcoin price is increasing significantly, you should think of investing into bitcoin, and hodli rather than chasing shadows and gambling around with the little funds that you should use to invest in bitcoin. Trading is not as easy as you think, because it is very complex and cannot be learnt in a short period of time.

We're in the early stage of the bull season and it's living up to it's expectations, now Bitcoin price is currently above $70k, so it's the best and safest way to increase your earnings in the crypto space, alternatively you can buy top altcoins too, no need to look for any other means to increase your money. I think entering a crypto trade competition for financial gains is not necessary, because you can invest that capital in profitable cryptos as earlier mentioned, except you want to join simply to increase your trading confidence. If the OP must join in the competition, then let him trade with the amount that he can afford to loose, because of his in experience.
865  Other / Politics & Society / Re: Officially sweden joins NATO on: March 12, 2024, 07:35:25 AM
It looks like the fear of Russia, is the beginning of wisdom for European countries, with the present example of what Ukraine, is going through now, other countries in Europe, will want to join a strong alliance like NATO, so that they will not be invaded by Russia, for whatever reasons. Russian invasion of Ukraine, has become a wake up call for most European countries that don't have strong alliance with Russia, to protect themselves with a strong intimidating NATO alliance, I'm sure like most people that Russia, did not envisage this exodus of countries to NATO  in order to avoid this Ukraine experience. I think that Sweden made the right decision, considering what is happening in their continent presently.
866  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you still buying altcoins?? on: March 12, 2024, 05:59:24 AM
It seems bulls are busy with Bitcoin only. That's why Bitcoin keep breaking new All time high but most of top altcoins (except a few) Still straggling to cross even Half of their Ath price. So maybe altcoins season might come after btc halving. That's why many people still don't hesitate to collect altcoins. What is your opinion about this matter. Are you still buying anything or will think about it later after halving

Now is a good time to start investing in altcoins because Bitcoin is looking good to carry them along to a massive bull run in this season, top altcoins like Ethereum, are already gradually pumping and building up to their bull run. I believe that it's mostly undervalued altcoins that have not made any progress to pump now, so this is a good time to buy these undervalued projects, because of their reletively low price, so if they start to bull the investors will position themselves to take good returns on investment in the bull run.
867  Economy / Gambling discussion / Re: How Do You See Losing Your Weekly Payment to The Casino on: March 11, 2024, 05:56:08 PM
As adults we have the liberty to spend the money that we legitimately earned on anything that we choose, and if it's on gambling then it's what we want, only that in the end everybody must face the consequences of their actions. Except that you have another steady and solid source of income, using %100 of your earning to gamble is not a wise decision to me, because there's a higher probability that you'd lose the bet, it's always better to gamble with the amount that you can afford to loose. It's not necessary to gamble all your weekly earnings because you want to patronize or give back to the casino that pays you, you can be gambling a budgeted amount for that purpose if you really want to, because there's no obligation to do so.
868  Local / Politics and society (Naija) / Re: When Self-investment beats every form of investment on: March 11, 2024, 05:19:34 PM
No be lie, in order to make progress for life and comot for di level of average performers, person suppose repackage imsef, and come position for a better level to de receive extra recommendations renumeration. As you lay your bed na so you go sleep ontop am, so if person go fit to go di extra mile to better demsef in the areas of dem specializations, dat extra nitch de go a long way to stand di person out for greatness. Di moment wey person think say dem don arrive, na dat time dem go begin to go down, because dem go de lazy to de innovative and upgrade to di next level. If you see people wey de make am for di work wey dem de do, you go see say e get extra touch wey dem de give wey di average person for dem field of work no fit give.
869  Alternate cryptocurrencies / Altcoin Discussion / Re: How high will altcoins fly? on: March 11, 2024, 04:12:58 PM
Bitcoin price has almost reached $70k and Altcoins marketing also flying with Bitcoin including most of top altcoins. But as we know that, Bitcoin halving is on the way. So i expect correction in Bitcoin price as well as  the effect should be seen in altcoins market too but is that going to happened? Are we gonna have one more chance to buy altcoins with low price ? What do you think about this


On the other hand, with altcoins, there are some that haven't followed the upward trend of bitcoin, so perhaps this is the chance to buy undervalued altcoins that you like. However, it's still important to set stop loss orders, as the market's direction may change unexpectedly. Don't rely solely on market movements.

Top altcoins like Ethereum, are experiencing price pump now, because Bitcoin bull run is rubbing off on them, investors will be happy to to diversify their investment in reputable altcoins that has potentials to give returns on investment like Bitcoin, likelihood is that they'll keep increasing in price as the bull run progresses. If an investor wants to buy altcoins that their prices are still dipped now, then they can consider undervalued ones like you mentioned, hoping that they'll eventually pump and also bull in this season. Another option is to go for new projects, they can give 100x to 1000x profit on the short term, but it's a gamble, and you can lose all your capital, because most of them are scams.
870  Economy / Speculation / Re: Road to 100k? on: March 11, 2024, 03:03:24 PM
It actually touched $72k as a new ATH just a few hours ago and suddenly dropped to $70k now it's recovering again.

$100k is too early I think we will see this price after the block halving not now maybe the next is going to break is $80k soon before the block halving.

Bitcoin price pump is really gaining momentum before the halving, very few people predicted that this much pump will happen in this period, so I won't be too surprised if I see it reach $100k, but I'll just be modest and predict it to reach atleast $80k before the halving. But if we're talking about the peak price in this bull run, I'll take my chances and predict it to reach all the way to $200k, the ETF and increased awareness and adoption of Bitcoin, can make this happen.
871  Economy / Economics / Re: When luxury becomes a necessity. on: March 11, 2024, 11:44:07 AM

Have you bought something that people feel is rather too expensive and that you could have purchased a lower version of it? What was your inexperience like after that?

I think that luxury is very good and if anyone can afford it then let them go for it, afterall they say that life is short and we should make the most of it while we can, but I also think that it'll be foolishness if someone is going for luxury items that they can not afford. If an average income earner wants to go for a luxury upgrade of their gadget because it'll add value to their work and make it more effective, then it'll make economic sense, but if they go for an upgrade that they can't afford because it's a trend, then again I'll still call it foolishness. In conclusion I think that people should live bellow their income, so that they can be able to have money to invest and save for the future, let them go for the luxury that they can afford.
872  Economy / Gambling discussion / Re: How does the game of luck in gambling really works? on: March 11, 2024, 09:36:13 AM

I don't really believe this dude because such grace has not even worked for me although some of my physical trader friends sometimes says they have more customers anytime I comes around their trading centres and they love having me around.

Does this really happen a reality or it is just some sorts of mental reasoning fellas?

I think that it's just a coincidence that he won the bet when you were with him, unless you'd visit him twice again and if the luck repeats, then you can proudly say that you're a luck influencer, if it doesn't happen that wey then it's merely a coincidence. Although if people makes profit when you're around them then it's possible that the probability of luck follows you, but don't take that to mean that people must win or gain when you're around them, because luck also happens when others are around winners too, except you have a supernatural presence or something like that. I think that gambling is luck and it can happen anytime, irrespective of who is present.
873  Other / Politics & Society / Re: Too much pressure on the male child on: March 11, 2024, 08:34:59 AM
Man was created to work, and for him to get money to take care of his responsibilities he must engage himself in work that will provide the money, that's why it's said that there's no food for a lazy man. Too many expectations are imposed on men, when they get married and starts their own family, naturally their responsibilities becomes his, and the burden will become more pronounced if he doesn't have a source of income or if the money he earns is not enough to cater for the basic needs of his family, the stress can lead to health challenges like heart attack and stroke. This is why in this age it's very important to marry an industrious woman, who can also make money and support the man to take care of the family, because if the responsibilities of a family is left alone for a man who is an average income earner, it can lead to his untimely death.
874  Other / Beginners & Help / Re: When will you finally buy on: March 11, 2024, 07:27:45 AM
I was in Jef's, shoes when Bitcoin was created, I was skeptical too about it, especially because a Ponzi scheme that became very popular in my country, then that eventually scammed a lot of people, so people were naturally afraid and were likening Bitcoin to that Ponzi scheme. It's better late than never, I'm now a Bitcoin investor and this will be my first halving and bull run experience, and I'm looking forward to a massive ROI in this season. Many people are still being pessimistic about the reputation of Bitcoin, some feel like it can crash and vanish with people's funds, others are waiting when the price will dip to it's early days before they will invest, while the knowledgeable ones are keying into this decentralized asset that it's value will outlive all of us.
875  Alternate cryptocurrencies / Altcoin Discussion / Re: Wise to Cash Out 3.5 ETH For Debt Payments on: March 11, 2024, 06:06:54 AM
Right now the markets are rising in our favours. Too bad the worlds markets are in FIAT.
Right now i wish to pay off some credit card debts i have. All in FIAT of course and yes i know i will have to pay tax on the capital gains.
Would i be making an ok choice to sell off some ETH right now to CAD to pay some debt off. as where markets are im in the position.
just wondering on the tax i have to pay, would i be paying more tax then what i will be writing off in credit card debt? thanks

It depends — if the debt does not need to be paid immediately or anytime soon, you might want to hold off a bit because right now, ETH prices are going off because of a potential ETH ETF approval. So if you sell now, you might end up losing out on some potential gains. On the other hand, if you need to pay off the debt as soon as possible, then by all means, you should do so.

If you're familiar with defi, I think there are some markets that you can provide ETH collateral and take out stables to pay off your debt. This way, you still have your ETH but have to deal with the borrow interest enforced by money markets like aave, etc.



Entering bull run is not a good time to sale a top altcoin that is sure to bull in this season, Ethereum, price has been quite dormant before now, but it has started appreciating and has the potential to double it's present price if it's ETF is approved. However peace of mind is very important, having a dept that is mounting pressure on you and you have a means to settle it, then let the person do it, but he should consider if it's possible to postpone the repayment a little while longer, or take another loan with a lesser interest rate to settle the dept. The aim of this is that the longer the Ethereum, remains with him, the better, because it'll keep pumping in the bull run, but if there's no other choice for him, then let him sale and gradually start to accumulate again.
876  Alternate cryptocurrencies / Altcoin Discussion / Re: What you think about this ponzi scheme ? on: March 10, 2024, 04:44:57 PM
Once you detect a ponzi scheme project, why still bother to analyze it?
I skip this kind of project right away and mind you, they are still growing and they are using a different strategy now to attract investors so be cautious when you are investing on a project that you are not familiar yet because it can be a ponzi scheme as well, better to invest on a established project already and be more safe.

Knowing very well that a project is a Ponzi scheme and yet you go ahead to invest in it is like dining with the devil, you might get the reward of greed, because you don't know when their evil portal will close and you will lose your investment capital. The only advantage of people who knows the criminality of Ponzi schemes and still goes ahead to invest in them is if they enter among the early investors, before many people will enter and the Ponzi will disappear, they must have received substantial ROI. Although I wouldn't advice any serious investors to put their money or refare people in Ponzi schemes because you don't know when they will vanish with investors funds.
877  Bitcoin / Bitcoin Discussion / Re: Are there members here who do monthly investment in bitcoin ? on: March 10, 2024, 02:51:35 PM
Are there members here who do monthly investment in bitcoin irrespective of current prices ? This approach can be really helpful for majority of people like salaried people who get fixed monthly income and can allocate some part of it to bitcoin investment.

There you have it, every members echoing the same thing, and it's the undeniable truth, especially for average income earners, the best way to continuously accumulating Bitcoin and hodling it for a long term is through none other than DCA method. It's not easy for everyone to raise the money to buy 1 Bitcoin, at once, it's only buy making a budget for it from your income that you can diligently with discipline be able to continuously achieve the aim of progressive investment. This method is however not for people who don't have constant sources of income, or the unemployed.
878  Economy / Economics / Re: Tech Layoffs on: March 10, 2024, 02:05:45 PM
AI might not have taken over the workforce yet, but technological advancements are making companies to need lesser workforce everyday, example is Fintech banks in my country, they don't have physical branches all over the country and they're having as much customers as the traditional banks that do. This online banks don't need physical branches, so they don't need a large workforce, technology has made it possible for them to have only one office and staff for the whole country. Machines can effectively be programmed do the works human workforce, they only need a few operators for them to carry out the task of a multitude of people.
879  Economy / Gambling discussion / Re: It’s unlikely that anyone besides you will be happy with your winnings. on: March 10, 2024, 12:50:41 PM
More harm than good comes from sharing gambling wins, because people close to the gambler will believe that it's free money that the gambler didn't work for, therefore they're entitled to a share of it, and if that doesn't happen, he might be seen as an ungenerous person. But the gambler don't have a choice when it's a very huge win, because the gambling company will want to advertise the winner, so that people will see that they're reputable, in that case the identity of the winner will be made public, then everybody that he knows will feel entitled for a share of it. People who are not known by the winner will just envy and move on.
880  Economy / Trading Discussion / Re: Need help trading. on: March 10, 2024, 10:53:59 AM

Please let me know what you think a beginner should know and where they can receive the knowledge that will help them become an expert, as well as how long it will take me to get the hang of the complete trading technique. Links are greatly appreciated.

Before embarking on this journey though you need to learn about risk management tool because trading is a speculative activity no matter how good you are on it. If I was to advice you I will say invest your money first on coins most preferable bitcoin and probably practice with Demo accounts

A newbie crypto trader must understand the undisputed truth that trading is hard and it's not a get rich quick scheme, so it's something that he must diligently learn before involving his capital, so like you pointed out, in the process of learning the newbie trader can first invest their money in Bitcoin, especially in this bull season, then start practicing with demo trading. If it's possible let him get an experienced mentor who can physically guide him, if not he can use the links that Bitmaxz, provided, they're very helpful for starters, and let him have a steady source of income, because it's easy for him to lose that $500 start up capital, without proper risk management tutoring.
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