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881  Other / Politics & Society / Re: What do you want slave? on: March 03, 2024, 10:18:00 AM
The gap between the rich and the poor is very wide in most developing and underdeveloped nations, the rich and influential will do everything in their power to make the poor to remain in the lowest class, so they'll continue to exploit them by paying them peanuts for an elephant's job. Freeing oneself from the shackles of mental slavery and working to achieve financial freedom depends on where you are, if you're in a country where the leaders are always oppressing the poor with economic implementations that favors only the rich, then it'll be hard for the common man to escape poverty. Many poor people have the mindset to better their fortunes but the enabling environment to flourish their ideas is not provided by the government, this is why the rate of migrants to developed countries is on the increase.
882  Other / Beginners & Help / Re: Let fear to lose be motivation to learn on: March 03, 2024, 09:03:28 AM

I know some of my mates who are into  cryptocurrency that phobia to lose but even with the fear to lose they still go ahead to trade. If beginners allows their fear to motivate them to learn first their won't be drastic lose in trading.


As humans fear is natural when you're faced with uncertainties, despite how brave you are there'll still be that small fear of losing, but it's important not to let that fear to control your judgement. I think that it's ok to have a little fear in crypto trading, because despite your experience and knowledge, the trade can still go against you, so that little fear can make you not to become over confident, and take necessary precautions in the trade. I however think that after a learning stage, confidence should take center stage, with a little fear to remember to be cautious.
883  Alternate cryptocurrencies / Altcoin Discussion / Re: seeking good projects on: March 03, 2024, 08:34:07 AM
It would be better if the OP directly stated what altcoin he chose and asked for our opinion in this forum.
If it's still floating like this, it's very difficult to project altcoins. It's true, as you said, for all altcoins it would be better to look at CMC. and in my opinion as long as the altcoin is still in the top 20 or even 50 it is very good as an investment. but still DWYOR
That would be ideal, but whenever I see a topic created by a new user and they are not specific at all about the coins they are interested in, this means they have actually made no effort to try to look for promising projects by themselves and they want the community to do their homework for them.

And if I am correct about my reading between the lines then there is no way to help them, since there are thousands of altcoins and their performance will vary significantly, with some of them making a fortune for those fortunate enough to be early adopters, while other altcoins will make their investors to lose everything they have.

Some newbies act like this because of inexperience, thinking that they can ask any magical questions and forum members will stare into a crystal ball and answer, they need to understand the importance of atleast researching and be specific on the areas that they need help.

Choosing altcoins to invest in can be risky because there are more scam projects than the legit ones, so an investor needs to make research before deciding to buy any, however, to minimize the risks of buying a potential shitcoin, it's better for a newbie to start with reputable crypto coins that have gained reputation in the crypto market. The first choice should be Bitcoin, especially as it's entering a bullish season, then top altcoins like Ethereum, BNB and Solana, that has the potentials to bull with Bitcoin
884  Alternate cryptocurrencies / Altcoin Discussion / Re: seeking good projects on: March 03, 2024, 06:47:53 AM
It would be better if the OP directly stated what altcoin he chose and asked for our opinion in this forum.
If it's still floating like this, it's very difficult to project altcoins. It's true, as you said, for all altcoins it would be better to look at CMC. and in my opinion as long as the altcoin is still in the top 20 or even 50 it is very good as an investment. but still DWYOR
That would be ideal, but whenever I see a topic created by a new user and they are not specific at all about the coins they are interested in, this means they have actually made no effort to try to look for promising projects by themselves and they want the community to do their homework for them.


Some newbies act like this because of inexperience, thinking that they can ask any magical questions and forum members will stare into a crystal ball and answer, they need to understand the importance of atleast researching and be specific on the areas that they need help.

Choosing altcoins to invest in can be risky because there are more scam projects than the legit ones, so an investor needs to make research before deciding to buy any, however, to minimize the risks of buying a potential shitcoin, it's better for a newbie to start with reputable crypto coins that have gained reputation in the crypto market. The first choice should be Bitcoin, especially as it's entering a bullish season, then top altcoins like Ethereum, BNB and Solana, that has the potentials to bull with Bitcoin.
885  Local / Politics and society (Naija) / Re: Forex Crisis: CBN revokes operational licenses of 4,173 BDCs on: March 02, 2024, 05:41:59 PM
But the problem is that as the primary reason for the devaluation of naira has not been solved as Nigeria depend more on foreign goods and services than they are exporting, will naira continue to increase in value? It depreciated to almost $1400 yesterday or day before yesterday in the parallel market but now at over $1500 again.

You see what I believe is that they are just scratching the surface of the main problem, all they are doing now is just manipulation and suffering innocent individuals and organization. They are actually now playing politics rather solving  a problem, if not why would dey fine binance $10 billion dollars, if paraventure they successfully won what would they do with the money other than using it for their selfish reasons and give us stories. I don't think this people are even interested in solving the issue, because the profit they got from trading crude oil when dollar increased over the naira could have been used with others to repair and plant refineries such that we don't fully depend on import.

You just nailed wetin I carry for mind for dis thread, our government just de scratch di surface, instead for dem to face di root cause of di reason wey our currency take de experience all time low everyday, insecurity for di country wey de discourage foreign investors, wey de affect our local food production, lack of basic amenities like electricity to encourage small scale businesses, dependence on importation, including fuel wey we get di natural resources. Make we see weda di Binance and BDC clampdown go solve our problems for di country, make naira begin to de appreciate and make di prices of commodities for market begin to de come down.
886  Local / Nigeria (Naija) / Re: Government demanding from Binance the lists of its Nigerian users on: March 02, 2024, 04:39:43 PM
Last last Binance go succumb and dem go dance to di tunes of di Nigerian government, and dem go release all di names of people wey de do business through dem, na dat time witch-hunting go come start, both people wey get legit and money laundering account go come face di same music. E go de very bad if dem use dis Binance matter wey concern cryptocurrency take de cover for di mess wey naira de now, so people focus go comot for di real decay wey di economy de face now.

Dis one na anoda testament say make we no de leave our coins for centralized exchanges, if no be hack, e go be inside scam or government interference.
887  Alternate cryptocurrencies / Altcoin Discussion / Re: Odds for approving a Solana spot ETF? on: March 02, 2024, 03:24:59 PM
I don’t think it would be but even if it would, I can’t say it will be happening any soon because Bitcoin which has been doing great as the head of them all was approved not too long ago. I think Bitcoin and Ethereum ETFs will go on for a while before anything else. But then, if there wanted to go on right now, don’t you think that the next spot after Ethereum would be a battle between BNB and Solana? In as much as I like Solana, BNB is a big name too.

Bitcoin ETF has paved the way for other ETFs to become realities, so there's no need for them to go through all the scrutinies that Bitcoin went through before it's approval, I'm quite optimistic that Ethereum, ETF will be approved in May, or not too long after that. When Ethereum, happens, I believe that the process will become less demanding for the other top altcoins to be approved, SEC can decide to space a time frame for ETF approvals.

Like you I also think that it can become a Battle between Solana and BNB, although I see BNB having an edge, but that is not taking anything away from Solana, both are good to go.
888  Bitcoin / Bitcoin Discussion / Re: Bitcoin Vs Military Industrial Complex on: March 02, 2024, 01:25:11 PM

So if the military industrial complex collapses due to currency issues then the host nation of that currency will be like sitting ducks to other nations looking to invade it without facing defence resistance. So from here can we say that the US Government will do whatever it takes to save its $US dollar currency and the $US dollar will continue doing fine for many decades to come and if that's the case then how Bitcoin can shine in times like this when it is facing the US Government & the Feds Manipulation?



You pretty much answered your question, if the US dollar were to have an issue, we'll say with surety that the US government will find a way to save the dollar from crashing and being undervalued, I mean it's the USA, they must have thought about every possible scenerio if their precious dollar were to significantly dip. They undeniably have the best army in the world, and they'll do everything in their power to keep it that way.

Bitcoin is decentralized and it's not shackled by any country, including the US, it's doing just fine now, despite any manipulations, restrictions or bans in different countries, it'll always shine and soar higher despite any challenges along the way.
889  Economy / Economics / Re: Economy pressure on: March 02, 2024, 11:56:12 AM
The economic situation in Nigeria, presently is crazy, as the naira is devaluing, the prices of commodities are increasing everyday, causing economic hardship to the citizens. I know that citizens of some other countries are also facing similar economic hardships, especially developing and underdeveloped countries, this is why many of their citizens are finding means to migrate to developed countries where they can enjoy better standard of living. The governments of these countries needs to be proactive and find lasting solutions to stabilize their economies, that is why they're voted in power. Unfortunately most of the leaders of these countries are clueless and are more concerned about enriching themselves.
890  Economy / Gambling discussion / Re: Which of these betting Statements Do you Agree or Disagree With? on: March 02, 2024, 10:18:13 AM

1. Don't bet all your money on one bet.
2. Bet the same amount on every bet.
3. Don't bet more than once a day.
4. Don't bet every day.


These four options that you stated are subjective to individual gamblers preferences, one can be a no-go area for me and it'd be the best option for another gambler, so it depends on what works for every gambler. I'm not an active gambler, so options 2 and 4 will be more suitable for me, bet the same amount on every game, based on my budget and it's not necessary for me to bet everyday, as a past time gambler.

A devoted gambler can merge the four options, he'll just need to alternate them, by choosing any strategy that seems right at a perticular time, it's ok inasmuch as he's gambling responsibly.
891  Economy / Services / Re: 👉 {Update} Eloncoin Signature Campaign | Member+ [Funds Escrow] on: March 02, 2024, 09:38:10 AM
Quote from: Kelward link=topic=5472155.msg63735643#msg63735643date=1709191162
Above is my new eloncoin address, I've deposited my new address in the website, but I can't find where I'll deposit the old address. When I open the eloncoin website now, I don't even see where to log in the password that I created, I don't know if any other member has experienced this issue?

For further questions, join project discord channel or telegram group. All links are on project ANN thread. To answer your question, after updating your new address, send tokens to the address on website starting with E and the swapping will be done automatically to your new updated address starting with 0x you don't need to do anything. If after 24hrs nothing is has been done, join project group or channel and ask for assistance from admin and it'll be done.

After visiting the website, click the horizontal dots (menu) by the right hand side at the top and click on your profile, my wallet and you can login to access dashboard.

Thanks @Brainboss, for your response and direction, I'll do the needful, thanks.
892  Other / Politics & Society / Re: Work & work & work until you begin to break, is there no way out? on: March 02, 2024, 09:10:02 AM
Most people are struggling to make ends meet in most countries, it's either that they're overworked or just being paid a little extra or they're having a second job or a side hustle to be able to meet up with their basic expenditures, while prices of commodities keeps increasing everyday. Some unintentionally go into drug abuse, which can lead them to being addicts, due to the stressful demands of their jobs, they'll want to take a simple painkiller or some other drugs to reduce stress, as time goes on they'll unknowingly become addicted to these drugs, with time they'll be wanting more effective drugs, in the end it'll start affecting their health.

People are living in this rat race, especially in developing countries, overworking themselves and taking unprescribed drugs to ease their pains, that is why they're migrating in large numbers to developed countries, in search of better life.
893  Other / Beginners & Help / Re: Is Satoshi Nakamoto's networth ever being rated? on: March 02, 2024, 08:17:22 AM
I wouldn't worry myself about the net worth of Satoshi Nakamoto, or whether it's an individual or a group, or why he choose to remain anonymous, I'm sure that he has a good reason for his choice. the important thing is that he, she or them was able to make a great impact in the world by creating something that has changed the naretive of transactions and investments, and it's adding value to people's finances everyday. I guess his anonymity will have to do with the privacy that comes with Bitcoin transactions, where the identity of a holder is not known, just like our identities in this forum.
894  Alternate cryptocurrencies / Altcoin Discussion / Re: What is your strategy to win in this bull run? on: March 02, 2024, 07:03:31 AM
For me it simplifies a lot Smiley
- Target BTC $150000
- Target ETH $12000

Investment capital for
- BTC: 60%
- ETH: 20%
- Other

And of course these things are feasible for me, but may be a dream for others, please understand that our investment strategies are not the same. And even if it doesn't go according to plan on the timeline, that will still be the target that I will take profit.


My strategy for the bull run is similar to yours, my focus is from the top and most reputable, then down the hierarchy chain, this is because despite the hypes and potentials of making profits on the short term in most altcoins, I like to minimize my risks and stick to the  trusted coins in this bull season.

My arrangement is
Bitcoin: %80
Ethereum: 20
These are the two main focus for me in the bull run, Bitcoin investment in this bull run is a guarantee to give you over %100 returns on your investment, assuming you start hodling from today. Ethereum, is second to Bitcoin, and I'm putting my money in it, because I'm positive that it'll experience massive pump too in this bull season.
895  Local / Off-topic (Naija) / Re: Diversification is the only solution now on: March 01, 2024, 05:37:09 PM
Di Koko of di matter be say as di country be now, make we no just depend on only one source of income, because as di prices of goods and services de high everyday, money no de reach again, so diversification na good idea as di country be now. To invest in Bitcoin de very good, as di capital wey you take invest in am go de increase in value, so far you go leave am on long term, but dat one no go put food for your table everyday, therefore if e de possible make person get one side hustle take de support im income to fit survive for dis our economy. 
896  Economy / Economics / Re: What is The Negative Effect of Inflation on Household Savings? on: March 01, 2024, 04:39:46 PM
If you live in a country where your local currency is not stable, meaning that the currency is devaluing then it's best not to leave your money in the bank, because if you do, the amount will still be the same, but the value of the money will be drastically reducing. If you withdraw money from the bank to make purchases, the same amount will keep purchasing lesser items everytime, so the account owner must find a better alternative to secure their money.

As far as I know and with crypto knowledge that I have, the best place to save your money that'll double as an investment for you is to hodle Bitcoin, it's a valuable asset that will keep increasing your capital, only that you need to hold it for a long term to be able to enjoy it's ROI. Alternatively the person can convert his money to stablecoins, to avoid inflation. Bonds are good, but I can only give advice on cryptocurrency areas that I'm knowledge.
897  Local / Politics and society (Naija) / Re: Law of gravity no de apply for di prices of goods inside Nigeria on: March 01, 2024, 03:49:36 PM
The price of goods won't reduce so soon, as the matter is not concluded and the economy is yet to becoming stable so no assurance of the country getting low prices on goods and services.  We just have to adapt till everything is put in place, the market value of dollars is already getting inflated against our Naira despite the so called tactics applied by the government yet no positive outcome

Nigeria, na country of opportunists, immediately marketers hear of any increase in prices of other items na so dem too go rush increase price, but if the reason for di prices of goods come correct itself dem go still de sale at high price to make too much profit at di detriment of dem fellow country people. Normally you go reason say na only prices of foreign goods wey concern dollar exchange go high in price, but locally made goods na im de cost pass now, as e be now evendo say naira begin de appreciate now, make we just get used to di high prices, because our business people like profit too much. I hope say after dis recession our government go help di masses to regulate prices of goods and services, just like dem de try do with cement manufacturers.
898  Alternate cryptocurrencies / Altcoin Discussion / Re: People are selling now, what are you keeping for later and which are you selling on: March 01, 2024, 12:59:18 PM
There are many conversations that I jumped into this morning, and i see a lot of people talking about the price increment in cryptocurrency generally. Bitcoin's upward price movement had also affected altcoins to follow suit. However, i created this topic because i know there are lots of investors here i want to know if you are investing in altcoins. Which of the altcoins can you sell now to take advantage of those sweet gains, and which of them are you leaving for better future profits? I had the belief that there are altcoins that have so much potential, and selling them off now won't do any better since they deserve to be held for a long time, just like bitcoin.

IMO, everything is just at the beginning of the bullish cycle, I'm still trying to accumulate more for the portfolio and rebuild my market access strategy. Each of us's investments will be different, so don't worry too much about other people's profits/losses. Some people like short-term activities and they can act on that choice, and so do those who do it. In the long term, they will also have their own strategies.

Although with altcoins I have also made a bit of profit, and I also have thoughts about an upcoming correction in the market and the emergence of good buying opportunities, but everything is speculation and one should be ready for any scenario.

Every indications points that we're entering a very profitable bull season, so far you're holding a reputable crypto, now is not a time to even contemplate selling, you should just continue accumulating and hurdling till we see a new ATH in Bitcoin. Except if an investor is holding a project for short term or if he's not confident that Bitcoin will impact it to be more profitable in bull run, then he can sale and hopefully enjoy whatever he can get now. I think that it'll be premature to sale any top altcoin that you're hodling, because massive ROI awaits those who can wait.
899  Economy / Gambling discussion / Re: Mom won 50,000$ in Lottery on: March 01, 2024, 10:41:41 AM
I'm very happy for her, it's one in a million chance to win big in lottery, many people will keep buying lottery tickets till they get old and never win anything substantial, lottery should depend on %100 luck to win, whether it's small amount or the jackpot, unless if there's a way that the lottery companies manipulates wins.

I hope that she invests a large potion of the win in a profitable investment that'll be giving her ROI, so that she doesn't go broke in the next couple of years. I've heard stories of people who won big in gambling and in a few years they become broke, probably because they started living luxurious lifestyles immediately they their win, forgetting that money can finish. It pays to be financially educated.
900  Economy / Trading Discussion / Re: From today; 28.02.2024 - How low do you think the coming BTC dip will be..?? on: March 01, 2024, 10:01:23 AM

But why think of the dip if we're not yet on the bear market?

There's still a long way to go for this bullish market to thrive so enjoy every phase of it.

My thoughts too, why worry about the dip or how low it'll go when we're not entering the bear run yet, there's so much to look forward to in this bull run that's building up. Along the way to Bitcoin price pump to it's estimated $100k and above mark, I know that there can be some minor dips along the way, but it'll not affect it's journey to reaching a new ATH before we'll start thinking of when a major dip will occur. When the dip eventually occurs after the bull season, if it hits $100k and above, then I don't see price dumping bellow $40k in bear run.
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