My country people, ona good morning inside this morning, today I want us to talk about doing the right thing in this crypto space we found ourselves, see eh, to know the right thing to do and to do am na two different things altogether entirely, Why I dy say so is that, most of us know the right thing to do in this crypto space, but we no dy do am, when things don go south due to the fact that na the wrong thing we later do, we go start to feel regret for our self, something wey dy really avoidable from the start.
You're right but the truth is that where money is Invested is some worth treasured to even pay maximum sacrifices in order to catch up with your goals of making profits but it's quite unfortunate that some investors are ignorant towards the paths leading to the success of their endivoirs. Sometimes some persons just decides on doing things in their own pleases rather than considering what is demanded at their ventures. It's just madness at where you Invested your funds demands you to pull right but you dares to ignore and pulls left yet you expects prosperous outcome. Knowing quite well that bitcoin investment is not a personal skillful base investment, some investors decides on unnecessarily apply their personal lifestyles towards it at where it's not required and demanded but at the bottom to regret it all after they fails to attain that profitable results. Almost everyone in this forum know how alt and shit coin dy behave, we know say e dy fall more than e dy rise, we go come make a very stupid decision, by investing almost all our capital inside, something wey we for invest only like 5% of ur capital, after you don already invest like 95% for Bitcoin, but due to greedy, we go forget to do the right thing, we go come go investing almost all our hard earned money for shit coin or alt wey just be like gambling, abeg if we really want to progress for this crypto space, e dy very important to dy do the right thing on a steady basis, so as to dy progress, remember say, as long as you are moving forward, na still progress, regardless of your pace, no allow greed of 10x to 100x take lose all your capital, think and act wisely. Let's not actually say it's stupid moves of investing more to the AltCoins despites the Coins highily volatilities. Na money we all dey find so if we can in any way study the coin market system so efficiently and acknowledging the risks involved and then we try as much to eliminate those risks in other to protect our investment interests then so be it. Money na money in this crypto industries as long we no dey make them in illegal ways The unfortunate side of it at those who Invests in the AltCoins ignoring bitcoin is specified to those investors who are ignorant to the Coins potential values and basically bumps into the coins just for greeds without the technical knowledges of how to keep safe of their assets. If I can invest more on the AltCoins and make tangible profits without lost counts then so be it, I'd keep up to it after all na just money I want but it'd be foolish of me not understanding the technicalities of those AltCoins and yet I ignored and invests on it while bitcoin is out there for flexible and reliable investment without those stresses of technical knowledges required before I can keep my funds safe and still make counts of profits. Na actually who no dey patient to Merit the profits of bitcoin dey rush go invest in AltCoins and na dem dey regret more due to greeds.
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Without much beating around the bushes, I had a lot of funds accumulated in my bitcoin investment before this Dip coming, I was actually trying to control my emotions and hodl for a long time as most bitcoin knowledgeable investors would always say that continues holding nomatter the markets circumstances and the pressures of your financial needs to be resisted is usually the great chances to exploit hugely in the bitcoin industry.
Meanwhile while I've remained unwavering strictly abiding to those fancy words, I decided to keep holding my bitcoin but it's becoming emotional unhealthy for me to keep holding for the so long term as the price of bitcoin is depreciation on basis. While not at the halving yet, the bitcoin price is still depreciating so unbearable for little holders like me.
So I needed to ask this; does long term Investors do sell their coins in periods like this and accumulates again during the Dip and Halving by applying the DCA method? Or they just keep accumulating and topping up with their initial holding? Because there'd be much lost counts if logical measures such as to sell and reaccumulate again is not applied in such situations.
So amongst us here who's feeling emotional biased with the current volatility of the bitcoin market?
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It should be clearly self determined and understood to denote what you're chasing for on your Crypto investment. Are you desperate in chasing quick profits and doesn't care about the high risks involved or are you Patient enough to invest on slow and steady crypto Coins with reliances of minimal risks to lost of your funds? Sometimes we're just being delegated to be overwhelmed by some specific things we know that could harm our emotions during when how it's programed is activated. Most MemeCoins are shitcoins as that which is most about the games of luck. You could only survive to an extend Investing in the memcoins when you omit the level of greeds because at some points, the hyping in the Memcoins wouldn't let you pullout to secure your funds instead you would confidently seated and relaxed like you Invested in a reputable Coin.
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What AltCoin season are you hoping for? The time dip season to invest and accumulate more or the skyrocket season when it offers you with the chances of batching into the crypto markets and make lot of profitable incomes? because of you ask me, I'd say I don't have ideal as AltCoins does not have those transparent capacities as bitcoin could be in at least some certain extends of clear predictions. AltCoins predictions are extremely uncertained and can't be hitted by the head. Op, it's clear that there are great AltCoins but you don't need to compare AltCoins to bitcoin because bitcoinehas the capacity to subdue other coins possessions.
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I was actually expecting to know those everything Solana had as you may say. Haha. Solana is indeed a promising AltCoin and it's taking its stable shape to lead in the Crypto as much as it had built a strong blockchain to which has also layed foundations for other coins to survive. Indeed if Solana AltCoin keep up rocking influentially as it's with its potentials, somedays in the nearest it'd definitely catapult to cover wider range of leadership in the crypto sphere.
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Without providing more of articles to guide your staying While in the forum since others has provided with enough of it, I'd say welcome to the forum if bitcointalk platform where we discusses about bitcoin, educates our minds towards our bitcoin quests, speculates about the positive potentials of the bitcoin and also discusses about our everyday lives and Society affairs. I also encourage you to stay tuned and read your guidelines carefully as ignorant of laws not being an excused is also practiced here in the forum.
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It is just a mess that human nature is filled with wickedness, and the good one are never given the opportunity to be in power because there is nothing that is free and fair in an election. The rich greedy and corrupt ones will manipulate their ways into power. This is because they after their picket, and that is what they are fight3fir in disguise as politicians.
Any country with high level of corruption economy will mot grow and as time passes on, the hardship will increase until the citizens realize themselves and act fast to put an end to corrupt government. Most people in politics are after their pockets and not to make good name.
Exactly. Politicians has actually failed to keep good reputations in their governance instead eat they cares about is more riches and more earnings to their pockets ignorantly not having remorse of human sympathies on the poor masses. This is actually at the baseistof not having competent leaders in the governments because not really the people's choice that is pronounced the elected persons which is to say there's no free and fair elections. So, those top cabals picks who's of the same circle with them to further feed more to their pockets while the poors are being suffocated.
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Yes, not only balls but money as well. Most people who want to accumulate Bitcoin don't have enough money for the accumulation and that's why they miss the dips while others who have money often miss the dips in hope to see more intense dips. Bitcoin is already down and anyone who knows that it's a great opportunity should try his/her best to accumulate some of it.
I agree with you. It's not all about showing one a way on how to make money, what also to be considered is if the person in question do have the resources to invest? Just as you said, if the resources just as investing on bitcoin whether the dip, bear or whatever is about money as the resource to invest in It, anyone who's interested of investing and doesn't have the money would still be setback with the excuses of no money to Invest on. And believably, there are people like that who have the interests to invest on bitcoin but doesn't have the fund to make it real. And we that are already in the bitcoin system is already aware that it's not just about investing but you must have alternative on how you can keep earning while your bitcoin holding works out to bring you profits in matter of time. So not everyone who's are interested in this journey are capable to meet up with the demands. Moreover, anyone who has been of irreverent excuses to Invest in this bitcoin would always have excuses nomatter how clear and flexible the opportunity would be for them and not basically that the price of bitcoin has befall on the dip where we can buy cheaper. It all depends on what we want and our readiness including individual ability of securing ita provisional demands
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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.
If you're too proud of yourself, delightful and relaxed without being bothered on how to ease your responsibilities within your home when you've the capacities to lucrate everyones minds by introducing them or encouraging them on how they can also breakthrough their financial reliances, you'd either end up struggling to have more values to your finances or your relentness engagement on always being the provider could picture you as one of a kind who have the potential to elevate others but chooses to let everyone settled beneath your foots which can actually inspire some negative thoughts on people envying your success.
Buttressing the whole fact, to help people of your responsibilities in staying financially reliable when you've the capacities would as much reduce the level of your expenses with the people in concerned and would enable you to flexibly focus on your personal issues hopefully in your projects of gaining more wealth and enlarging your incomes.
I think more of African people would understand this better where economy system can be so hard and the people struggles to make living and add values to their lives while those opportuned to breakthrough those hard times are being overweighted to grow higher due to responsibility surrounding them.
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Since naira appreciation over dollar, we've been much focused on this matter and in most threads here in the forum we've been a lot discussing about similar threads. Here talking about if naira I really the cause for the hike of goods. https://bitcointalk.org/index.php?topic=5492309.msg63926839#msg63926839. This is about naira appreciated over dollar and local vendors still trades on higher rates https://bitcointalk.org/index.php?topic=5492671.msg63942934#msg63942934. There are more to reference in this related threads but I only presented 2 of it as I could to save time. But anyhow, I'd say some of the readers are just wicked to still have dollar to be blamed or finding one excuses to the other. But if you ask me, I'd say they the Federal government should get to the bottom of this situation right from the point of producers of the products to know the cost of the items used in the productions and also the finite least vendors before final consumption purchases. This algorithm would help to marginalize the consolidating ratio if actually the federal government has rounded up the epic to bring down the cost of living in the country. Else I'd say the rate of our naira to dollar isn't the bone of contentions in this case.
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Binance is praised than it should be. My question is what do you think this other top mentioned exchanges can do to make users no longer think of Binance? Do you think any exchange is making that move to cover up the space...let's discuss.
Binance is not the only exchange and it is overestimation if you said it is better than some other exchanges as if other exchanges and nothing to it. If Bybit does not satisfy you, use other exchange. Binance was only a dominance exchange and wasn't really that it has the best offering services for crypto investors who trades on the P2P. Atleast most of us whom had been engaging on other exchange platforms after the delisting of naira from the Binance P2P can even attest to it that there has been some comfortable features some exchanges have over Binance exchange which fortunately we weren't aware about all those while. Op, I've been trading on the OKX exchange and haven't had issues with it so you can just give it a try and let's get this hyping of binance to an end and just continue our crypto networking with them in as much there are other platforms to occupy their spaces.
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While we don't have conceivable knowledges of exchange values between the local sellers and their vendors, lets stil assume that probably the reduction of goods prices would grind down simultaneously. To me, the local trading sectors would always hold the cost of petrols more responsible than that exchange rate of our naira to dollar because most of these local traders trades on local made items and their points of hiking the prices of goods lyes on transportation rate. So, let the federal government also look towards that Sector and also, be able to set up commissions to be watch any vendor of both local and importer whom is due to reduce the price of their services to be maintained cordially so other exchange rates can also be balanced just as you at Oga Charles-Tim has already smelled the beautiful changes from your end. It still blows hot here at my end though and I believe it'd still be one of the gradual processes as earlier said.
Indeed the federal government could be right and we hope they keep up with the good work if truly they don't have a dimension of diverting the scenarios to their interests in the other way round that we might be unable to denote. We hope for better governance and counting on the government. Above all, we're progressing and hoping for more.
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I'm not a LiteCoin Investor fan because I haven't Invested in it for once but I'm aware that it has been playing a strong role holding in the AltCoins industry which some friends that's mostly Invested on. Op, I can only tell that despite how popular some Coins maybe, they can still be functional and doing good in the crypto markets without showcasing its influences. Actually, there had been numerous number of new project coins trending in the Crypto markets time after times and their overhyping sometimes subdues the influences of other coins. Maybe that'd be what the LiteCoin is far encountering and not basically that it's a dead coin. You can as clearetour doubt out here that you can find Litecoin on trend in the Crypto coins market cap. 👀Litecoin LTC $78.93 -8.17% @CoinMarketCap 🚀 https://coinmarketcap.com/currencies/litecoin/
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I think those of your friends has got more crypto Coins knowledges more than you do because they came in consulting you for a crypto they could invest on but later ignored your advice and invested on the ones that even yourself haven't given a try about. They may actually be ones of those who keeps Privacies and I am think they'd go on a long run by it but it mostly feels good when you share ideas so that you can always compare and find a better one to suit your quest.
I've really come to understand that lot of Investors do have their fan coins where they delightfully invests their funds and even though they may experience tough times along side of it, they'd always accept it to be part of the risks in the crypto sphere. This could really be on of the reasons those your friends furged ahead and invested on their desired MemeCoins. MemeCoins are actually good projects but you must be knowledgeable about it so that you can always have your assets on tract by knowing when t invest and when to sell and also your ability to understand that there are MemeCoins have short terms and low terms potentials so, you'd know how long you could hodl your holding in other to keep safe of your investment.
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What is the rationale of those who want to make self defence illegal?
Considering this on self defence and the way the court look at it. To this I think some people will consider the measure of defense against the strength of attack. Like if it is assault done on someone with mere plastic chair and the defender goes on to use lethal or gun to retaliate, this is not to be considered as self defense. Moreover if the attacker dies from the lethal weapon of the defender, it becomes a crime. I think this is the rationale behind the illegality of self defense. It should be measure for measure and not taking the opportunity to cause bodily harm while the attacker's effect wouldn't inflict such injury. Self defense was actually supposed to be considered when we're at the point of being oppressed or being at the point of taking advantage about. Probably retaliating based on the circumstances of the situations. Just as you said, it doesn't feel good to use a heavy tools such as firearms on someone with unarmed but something we must consider is that assuming the attacker is physically fit to stand unarmed fighting with a less power victim who's armed, should he/she not used the weapon for a self defense? Let's also understand that even the unarmed has the potential capacities to take lives off with their bare hands so let's not have that insightments that only armed people are liable to destruction. We can only consider the capacity of the nature of tools we uses to defend ourselves depending on our personal believes that we can handle the tussling situations such as de defending ourselves with a minor tool for arms or unarmed else we might end up being defenseless and helpless. Some persons in the situations of being victims are actually heartless and abuses the law of self defense by abusing the right of being defense full.
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Let me tell you on a short note OP, DCA accumulating process is the best for Investors and I don't think if there's is an advanced knowledge needed for it. You only need to figure the current value of bitcoin and purchase when it seems lower than you formally withnessed or as your conscience may lead you via market suggestions or predictions. You can as much purchase your bitcoin on a gradual process base on the volatility markets system at most when the value is depreciated but when you ignore to understand this market volatility then I'd say you haven't been on the right track of the DCA approach. Therein you actually need to understand rhe market volatile grades so you don't fall to buy more to your holding when the market is up high rather than when it's low in value.
Sometimes you newbies are the causes of your emotional regrets because you don't feel comfortable buying then the market is not cheering profits profits profits without knowing it's the most right time to buy, instead you bumps into the market when you hear others of making huge profits in the market in a main time and only then you're attracted to buy. Although it's not a bad time as well but be assured that bitcoin is most beneficial to the long time holders so whatever value of bitcoin in have accumulated, you're potential to make lucrative profits in as long you can hold for a long period of time.
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I haven’t read it in years but I am pretty sure it talks about it in the white paper. He says that every 210,000 the block reward will be cut in half. There is also some mathematical formula to prove all of this.
Why is the halving bad? Are you a miner? Most welcome the halving because it reduces the selling supply because less issuance and less sell pressure.
If Op was a miner he wouldn't be in so much doubt or I would say grieve? Maybe yes or no. Op may just be an investor who's not feeling excited with the fluctuating manners of the bitcoin values. Haha. He could just want the halving to come maybe so he could accumulate more to how holding or he wants the halving to just pass by so the price of bitcoin could skyrocket following the bull run so he could make some huge amount of profits with his holding. I think I've heard of such aggressive bitcoin holders. Op, we're all aware that halving comes in every 4 years but doesn't have a specification day for its kick rather we should understand that the trigger of the halving is usually based on the velocity dispatch of miners.
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I think you're confusing things a bit, Play to earn model and move to earn model are just some of the small apps that have emerged from blockchain technology and cryptocurrencies.
In fact, they do not constitute any important economic strategy and do not provide any solution to any economic or technological problem. They are just small applications for profit and nothing more, and the profits that come from them are very small and cannot constitute economic income for individuals, let alone support the economy or influence it.
While you've made it quite clear, I agree with you and then I can only say that those micro or macro development earning app systems are just so waste of time and much efforts are being expected while earning rates are being overrides. The so apps modernity were too congested to provide global economy up springs and its technological developments is concealed beyond comparison of the blockchain potentials to spread the wide range of blockchains of today's in a global circulations.
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Sometimes it's not just about money, but the right access to information can transform you from nothing to something. This simply implies that your network or your circle need to be people who can easily share information with you. That's why it's good to surround yourself with people who know what they are doing in life. Most rich men you see today gets richer because they have money to invest in business opportunities that comes up. But with the right information, even someone that doesn't have money can become something. Let's take this forum for example, someone who have us in mind gave us the information about this forum and it has helped us in one way or the other that's what the right information can do for you. Even though you have money, don't invest in something you don't have proper knowledge about, as you may regret doing that.
I counts a lot of productiveness to your opinion. Some times we actually don't have to consider reaching a great height with the application of money but connections which is the networking. Networking with the rightful source is the ultimacy to outcome profitabilities. We can be successful even on w zero level in as much as we are surrounded with those who've positive dreams for us whom might be beneath. Just as side, as you said, we either get to this forum by recommendations of someone or through the media while on a zero income but while we're in communication and being educated in the forum, we're being opportuned to how how we earn bitcoin with zero capitals such as referral programs, stake rewards, give away and mining. Right about here we've been opportuned to make money through accumulations of bitcoin in many ways so, let's consider making more more. We actually consider making more money when we've either expended or had diversified our sources of income. Just as the Op has also said, we don't rely basically on onr source of incok if weuwy grow to give additional counts of our networth. We must be creative and entrepreneurly be connected to other factors with the potentials of yielding incomes if we get our money invested in it, Responsibilities just as said is also one thing that can enhance the h possibilities of making more money as a fact of taking decisions on spending on necessarily and unnecessarily. So Literally you should prioritize your basic expenditures on the dimensions that'd yield you more money for after money if you'd have to o make more money is chasing the money to gain more practically by investing and inventing otherwise with the potentials of producing more incomes to enlarge your current net worth.
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It's true that our societies is being governed by selfish individual's who occupies positions of the masses but are grudge and sentimental to some others just to favour some while others are like nobody. This act of rejecting qualified individuals while retaining the other person's just for the case of favourism has also brought about stagnations of most firms in the country because those occupying the creative positions are just adamant to what they're their for so they basically only seats there to ear n payment without implying any motive of show working to improve the he organization. This is one side be have some of those instable firms or facing devaluing of economy levels.
Actually the world would had still been a better place without the creation of bitcoin because there had been developments after developments which people could find much values about. One unique development about the economy in a global range in about bitcoin is that it's viable and liable to be exchanged, traded, accepts for means of payments and has a varieties called of holding for assets purposes with the potentialities of promising a better future. This technological developments of bitcoin has really been a solid wallet were vulnerables and any categories of persons can lean on and it's never biased and diabolic such as our economy infrastructures maybe depriving qualified persons to resume offices that they're contented and fitted in.
Indeed, the introduction and development of bitcoin has brought about reliabilities and financial breakthrough for do many people around the world in both rich and poor masses. Let me just say bitcoin is a unifying digital system lucratively to provide means of survival for the vulnerables and surely it's working as it was intended.
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