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901  Economy / Economics / Re: Governments and their irrelevant projects just to steal public funds on: April 11, 2024, 06:05:12 AM
Should I advise you? This kind of discussion should be written in your local thread for effective discussion.
Agreed.  I have no idea what OP is talking about exactly, and as is typical for members here, very little details are supplied as to what's supposed to be the topic.  I initially thought this might be about the US government and all of their excess spending on idiotic shit, but apparently not.  That's fine, too since government waste has been a contentious subject likely since the beginning of society and governments.
But if I may ask, how can citizens effectively engage the government in that they can curb some of these corruption cases in the financial sector across the world.
I believe the answer to the question you asked is always in front of you. The citizens have always shown their dissatisfaction through various means like activism, protests, suing of government, and reporting them to international bodies and allies among others.

However, the right question is, are these working? The answer may be a capital No in most countries. Naturally, if a country has good leaders, there will be no need for the citizens to go that length but to engage the government with constructive and creative ideas that can move the country forward for the common good of all. This means that it will be for the benefit of both the government and the citizens even if the government is bereaved of ideas.

Sadly, irresponsible and corrupt governments will continue to find excuses and get more advanced in how to steal public funds, even as they turn a deaf ear to the cry of the people.
902  Economy / Gambling / Re: Casino vs. Stoc,Forex&Crypto Broker: Who's Really Playing You in the Money Game on: April 11, 2024, 05:47:53 AM
I never said that it is easy. It is really difficult to get nice profit from gambling. And it is like a job. You mustn`t have emotions, you must wake up several times per night, you must be ready to bet every moment of your life. Several times i went to buy bread with a notebook. And only in such a way you can become successful.
I`m good specialist, so my salary is high enough, that`s why i made such choice. But if someone don`t get big money from the job, he can try to get it from gambling. The main problem is that the main part of gamblers think that it is easy money - look at the match and win. No! It doesn`t works so. It is the way to lose all your money and think that you isn`t lucky enough.
I quite understand you, but what I still do not get is how gambling is like a job as I boldened above in your reply. "Emotion" aside, I would like you to elaborate on that because I view them differently, as gambling is a mere activity of betting that should be for the extra daily activity either for the fun or for the money. And even if gambling should be engaged for the money, it should still be for the passive income and not for the main income, this is to avoid financial issues. Relying on gambling alone is even more dangerous, which is a strong call for emotion and will in turn ruin the gambler.

But for you to call it something synonymous with a job and make us believe that if your main job is not paying so high, you would have opted for gambling is what I still do not understand, and perhaps, will not agree to that as well. Gambling is not easy my friend, it is not what I will ever agree to for anyone to do and believe it will feed himself, the family members and the dependents easily. This will only cut the expectation of the person short and cause desperation, and this will lead to frustration over time and also grow to depression if care is not taken. It is easier to say than practice, and I hope you will not try this ever.

By the way, which aspect of gambling are you playing that gives you the high winning rates that encourage you this much?
It is sport betting. Low leagues mostly, mostly live. You don`t watch the match, you don`t cares the result, you just analyze matches and searching nice odds. Sometimes if you don`t sure - look statistics or translation to understand how they plays. You calculate your bets, profits and loses. Every week you calculate the result and decide to increase or decrease bet. All bets are the same - the same sums for every match. Every month you calculate your money and decide what sum to withdraw. Permanently search new bookies, compare odds to get the best result, search matches.
I must have skipped this reply of yours, I was expecting it. Oh, nice, sports betting is the best option in gambling as far as I know and it is such that the house does not have any advantage over it. If you predict well, you earn well, and if you can take higher risks, you earn more. One thing that is best about this is that no sportsbook can change the result of any game, which makes it fair in all ramifications. We should only try to be a better predictor, which is the only way that will increase our chance of winning. Luck is also important here, but first, sports betting is the betting aspect I know that luck is not so required but how best the gambler is fully informed and uses what he knows to bet right.

Notwithstanding, it is not as easy and convenient as you made it look. I am also a good forecasted when it comes to sports betting and I have earned a decent income in it. I am good to the extent that I could risk it for a living but I will never do that because it may cause unforeseen financial issues through the desperation that can result from total dependence. It is better we are betting and also working, after all, if we are good, it will only be a passive income for us. We should never forget that sports betting has its own challenges too and we should not neglect that for any reason. And when the challenge comes, you will ever wish you never quit the job for it.
903  Economy / Reputation / Re: If you were a campaign manager would you select these members for campaigns? on: April 11, 2024, 05:18:18 AM
If truly some CMs had seen what some posters wrote, they would have evicted them a long time ago, but they remain in the campaign.
Or they know that they won't be able to attract better posters than the ones they want to kick, therefore letting shitposters stay in the campaign.
I don't think so, at least most of the time. Since I joined the forum, there have been a few times that the available campaigns will be more than the qualified users wanting to join. Ever since M!xers were expelled, some good and average posters are still looking for the campaign to join, while some have but want to switch for the better.

But what I noticed is that when there are new openings by the campaigns with some shitposters in which more qualified users applied, the CMs only take the needed number of users at that time and CFNP the campaign again. This is despite better posters applied and shitposter are many in such campaigns. So they are not always short of better posters but are overwhelmed with the high number of users to manage. It's obvious they do not know the nonsense many users are writing because some are worse to the point that what they wrote should have naturally angered the CM to send them out.
904  Economy / Gambling / Re: How to self exclude from anonymous gambling sites on: April 11, 2024, 05:02:54 AM
I've seen that people who win with little wind and the truth is I don't know how they do it, they enter any game and it's as if luck were with them, sometimes I think it's something divine that helps them, For that reason, when we enter a caisnol we must enter without any problems.

Winning with gambling is sometimes unpredictable because we most often don't know we are going to win and at the end, we have it as a surprise by seeing the winning coming, if we plan to win and try every effort, we may not see such coming, while the least time we expect any winning is when we may happen to realize one, this alone tells us more about how we can be independent with our gambling, expecting to see the winning coming and if it does not we move on.

Well that's obvious, I'm sure that someone who understands the whole concept of gambling and how winnings work would say the same thing that gambling is an activity that can never be predicted to result in a win, or that means you never know when you're going to win. However overall winning is always dependent on luck which means that when you are lucky then you will also win by itself, and maybe I would say that does not mean that when you try everything that you think can bring victory then you will lose, not like that because however if only at that time luck comes then you will definitely win.
Or it could be a scenario like what you said above that when we don't expect to win at all but the victory comes by itself, the point is luck applies to any situation.
One of the issues with gamblers is that they do not often plan ahead for the worst, this is bad. If one would be fair, one should have been neutral about gambling as the outcome could be positive or negative, and when it is negative, one should not take it too personally, because it is all about your skills and luck depending on the aspect of gambling you are betting. You don't have the absolute control over anything here. This is more reason why gamblers must prepare themselves psychologically and get that budget calculated with the right management and plans so that when the loss is predominant, it will not cause any issues for them.

Also, in the case of winning, they can be happy, but the excitement should be minimal as well because no one knows what will be the outcome of the next bet. Can you imagine? Regardless, this is the right psychology of gambling, we should not relax, we should not believe anything, we should not blame anything or anyone, we should not be overconfident, and we should just be neutral with gambling and expect less. I am sure that the gambler who thinks and acts like this will never be affected no matter what, and they would have preplanned for the worst, so when it now comes, it will not be a big deal anymore. No better way to preserve our gambling psychology than this, as it enhances responsible gambling activities.
905  Economy / Gambling / Re: Casinos not asking for KYC to register and play, but do require it to withdraw on: April 11, 2024, 04:44:32 AM
That's the best thing that a gambler can do if it's about choosing a casino. There are too many options but many of them as well can be better than the others who don't really have concern to their players.

And some may turn out into a scam and can give you headache when you're about to withdraw your money.

KYC is normal nowadays but those casinos that offers no kyc are the best choice that someone can have for playing fair and square upon withdrawals.
I don`t understand what connection is between KYC and fair play and withdrawals? The KYC can`t help you if the casino cheats and the same time casino without KYC can`t guarantee you fair play. There are nice casinos with KYC and fair play, there are the same casinos without KYC. The only difference, as for me - that it is easier to choose the casino with KYC. So just decide is you afraid of KYC or not and choose the casino.
You're only looking at the part that the casino might cheat you. But most of the casinos nowadays will ask for your kyc when your withdrawals are enormous.

Most of the gamblers don't like to process with the verification but many of us as well have just accepted it as if it's a normal thing.

And about the casinos that I am telling as a scam, it's totally about them being a scam and won't allow you to withdraw and not to cheat on a fair play.
If you are a citizen of a nation where the casino operates and sends your withdrawal through a centralised system that is linked to a bank and are accountable for, the casinos may not even ask for your KYC forever. Do you know why? It's because if a person could have a bank account or a credit/debit card that was issued by a viable bank in some countries, the issue is almost entirely solved. Just like in my country, you can't operate a bank account without your BVN and NIN, and these two are powerful enough to trace you at any time because they have all your details as possible as it could, including your entire biometrics.

If the gambler did not want to bother himself with an additional KYC completion with a local company, that grace is possible. So such should stick to the local casino if it is possible in his country. These casinos will not even call themselves a no-KYC, but still, they will not ask you for the KYC because you've indirectly done it through another trusted company. However, when you are dealing with cross-border casinos on the internet, it is required that you do the KYC. This is irrelevant of whether they asked it when you file for a withdrawal or not, it must be obeyed and I wonder why people do not complete this KYC right immediately after registration instead of crying foul later.

But for your last paragraph, whose side are you? Casinos can cheat their customers while playing or deny withdrawal, the two are common, so we should just pray we are not a victim and try our best to gamble with the right casinos.
906  Economy / Gambling / Re: QuitGamble.com - Free Help for Problem Gamblers on: April 10, 2024, 04:51:29 PM
Gambling is not bad generally it is only when you form it a habit by allowing emotions attached to it, many goes to the extended of borrowing money to gamble or even gambling with the amount that they can not afford to loss and at some point making gambling to look like a crime while it is legalized. Gamble responsibily by only gambling with what you can afford to lose and still remain yourself.
never that gambling is a bad place but the problem is how we deal with it , how we manage to gamble because if you deal with gambling seriously then that will make you a complete loser because sooner you will become addicted.
and when you starts borrowing money to use for betting then you are already considered as addicted gamblers.
On the time that you are already spending into those amounts on which arent supposed to be spend then this do obviously signifies that you are already addicted to it and it is really just that better that you should stop it immediately if you dont like to mess up your life because of too much addiction. No external services or help that could really be totally be able to help you out with your addiction and it would really be just that be on yourself decision whether you would really be quitting for good or you would really be deciding for you to tolerate out such addiction. It would really be just that a matter of choice.

On the time that you do find out that you cant really be able to solve out such addiction then this is the time that you would really be seeking help from your loved ones. Things turns out
to be that a devastating thing if you do tolerate out such addiction. People do usually stop on playing gambling on the time that they dont really have money for them to spend on.
However, some begin to actively seek money to continue their games.  And here the degradation of personality practically begins.  Such a player cannot repay the money borrowed from friends and acquaintances because he has completely lost the money.  The attitude of the people arolund him and his close relatives also changes dramatically.  Nobody lends him money.  And such a player begins to commit crimes, and he begins to steal.  Well, it ends in court and prison.  Well, in prison there is no way you can lose in normal and decent gambling games.  This is of course the saddest ending to the passion for gamblng.  Sometimes there is a better option and the player is cured.  And continues his normal life.  
But still, such cases with criminal outcomes happen quite often in many countries where gambling is very widespread.
Stealing for the sake of gambling is the height of it and I have never seen or heard of that story before. Not with the uncontrollable ones I know, they always have their limits, and when there are no friends and families willing to give them money anymore and they do not have anywhere to borrow from, I believe they often accept that situation as their last and do not resort to stealing. In my thought, I believe the person who went to the extent of stealing to gamble is a criminal on his own, I will never take the excuse that it is the addiction per se that led him into it but the lack of contention and for his desperation for "money."

Still, he might gamble with part of the money but definitely not with all, meaning that it is not all about gambling but for the lack of money at that time. The scarcity of money can bring many unthinkable thoughts and acts, but nevertheless, it is out of greed that people do this. They can do unspeakable things due to greed and I know they do not have a single bardonable excuse for it. If you need money that desperately, why not go do menial jobs, after all, such jobs are readily available, and they are sufficient enough to satisfy the immediate need.
907  Economy / Trading Discussion / Re: Is trading good for beginners? on: April 10, 2024, 04:17:28 PM
Using a demo account is a common practice nowadays. Before it was like a real thing that you have to experience everything with plain cash and you bear the losses that comes from it. But this time, you can have these tests and trials for your own convenience whether you think that you'd be good and you'll be able to make some real money afterwards. So, it's up to the trader as a beginner on how he's going to see himself and judge based on what he's got whether he's good or not yet.
You're right, it is a common way to use demo account but not everyone wants to try demo account. Some people prefer real trading, they can get the basic information about trading through YT video. However, it is always using small funds when it is the first time trading. This is also the right way, people want to get real experience in real trading. If they use demo account, they won't get real experience. However, it totally depends on the individual of the beginner whether they think demo account is needed or not.  Wink
Yes, no doubt that there are newbies that want to do it with real trading and that's why they're all good with losing money as they start because they have no control over it. They are learning on a quicker phase if they do that and that's the reason why they're doing everything they can as they keep up with how they're building their strategies when they start. Nothing wrong whether demos or real money, the important thing is you're learning and trying to be good at it.
I strongly disagree with you. There is a whole lot that is wrong for a newbie to start with a real account, I will never advise anyone to try that unless they are just prepared to lose money senselessly. The demo account is the right account for the beginners and they must get to a certain level of professionalism before they can start introducing themselves to a live account for their money safety. Although this is not advice binding for everyone, especially those smart ones who can be determined to use the live account for training but with a ridiculously lose risk. Even at that, I prefer the cent account for this kind of beginners because they might think that they will be able to cope with the low risk in trading with the live account but emotion may creep in at any time to force them into acting against their initial plans and losing more than what they bargained for.

I've heard enough stories about trading. I mean stories that are good, bad and ugly, and among them, the most disastrous are those of the new beginners that are headstrong, they are too confident believeing that they know it all just because the market was favourable when they started. They could be tempted, deceived and hardened to the extent that they would even add more money, but in the end, they will lose everything. Even if they invest again, they will still lose it. This is why it is good beginners are wise, the Management and Psychology are key here in beginning. It take time before you develop them properly and be on top of your game. Why not wait instead of wasting money?
908  Bitcoin / Bitcoin Discussion / Re: Crypto or Real estate on: April 10, 2024, 03:57:27 PM
I think both have their own advantages and disadvantages.

Crypto offers high volatility and potential for high returns, but also comes with a high level of risk and uncertainty. Real estate, on the other hand, is more stable and seen as a tangible asset that can provide steady passive income through rental yield. The choice between crypto and real estate depends on an individual's risk tolerance, investment goals, and financial situation. It may be beneficial to have a diversified investment portfolio that includes a mix of both asset classes to manage risk and optimize returns.

Very fair and clear review, thank you. Real estate, bitcoin, gold or stocks are all investments with their own potential and risks. And which investment to choose depends on each investor's taste. We can't say that bitcoin is the best just because we are bitcoin investors or just because we don't have a lot of money to invest in real estate and think it's a worse investment than bitcoin.

Personally, I choose bitcoin at this time because I don't have a lot of money to diversify with real estate or gold. But if one day I have more money, I will diversify with real estate and gold, I will not depend only on bitcoin because it is too risky for my assets when I only focus on 1 asset.
That's the main point.
It's up to the investor what will be his choice. The reason is there are types of investors who are good at Bitcoin investment, they can easily understand, and so on. Some are good in other investments such as real estate, while some are good in both. It depends on the personal choice and where they feel more comfortable with their investment.

Frankly speaking, real estate is an extremely safe asset and investment and is everyone's dream because of the need for housing, it can generate passive income...so many benefits when own real estate, not just hold and wait for the price to increase. But we are on the bitcoin forum and there are a lot of people who like to lie, they don't have the money to own real estate and they are relying on bitcoin to hope to become rich with a small amount of capital. And they are willing to badmouth all the things they cannot own or invest in.
But for me, Bitcoin or real estate... are both good investments and the choice depends on each person's needs and preferences, there are no bad investments here.
Let's not think of it that way. View it on the positive side, think of those people who only rely on Bitcoin with not have enough information about real estate investment. The same as me who didn't know anything about it until I realized and learned about it. Maybe they can see Bitcoin as a much better investment than real estate, but the time will come they will know that both are good investments.
The way I view it is that investment is investment, just be smart in doing the one you choose to engage in. If I were anyone, I prefer engaging in the two of them, this is the smartest way instead of comparing the two. This is a good means to diversify your portfolio and I do not see a good investor that will do otherwise. It is good to avoid putting our eggs in one basket, and Bitcoin as you see it, is a seasonal investment, it is not the best investment as people think. Couple with the fact that it is an online investment, everything is virtual and anything can happen at any time. We should plan better instead of giving kudos to one over the other.

You should know that the real estate business is physical and very practical, I love it, and if luck visits you in it, you can earn your 5 times profits easily from it depending on the location, the time dedicated to it and how good you are at it. However, what I advise people to do is to invest their sold Bitcoin during the bear season of the coin to avoid letting the funds be idle. Or you will still invest in Bitcoin when you are fully aware that it is selling in the long-term disposition during the bearish season? I guess no is the answer. This is the time you even use the money to make more money so that you can buy it back at a lower price when you either believe it will bottom or confirm a viable bullish trend after the bearish phase must have ended.
909  Local / Politics and society (Naija) / Re: Is Dollar The Cause? on: April 10, 2024, 02:04:56 PM
-snip-
Wetin be the main reason for this particular one?
This one shoke everybody, my brother, I was pondering about the whole situation a few hours ago, I don't just understand, especially the manner in which the Naira has risen but the inflation refuses to subside. Fine, at the start of this whole thing, the forex played a major role in this hyperinflation and economic woe since we are a consuming nation but the fact remains that our people aggravated it unnecessarily. Every sector of the economy started using the inflation excuse to increase prices. No one in the business can be exonerated from this, be it the manufacturers, the wholesalers down the retailers. They were just driving the market as if it is their birthright and the government is just clueless about the whole situation. They are never prepared for anything.

What I expected to be strongly affected by the FX-made inflation are the imported goods and services, while the locally made goods and rendered services should increase a little bit. But Nigerians used that opportunity to earn more which triggered the hyperinflation. And since there is no viable competition due to the border closure and the discouragement caused by the low naira value, it continues unabated. I wonder if the pepper sellers sort for FX as well to sow and harvest it to the point that N200 now was the value sold for about N50 in less than a year. Sugar moved up by about x10 in 3 years. These are abominations and can only happen in Nigeria.

Now, about the housing, we can't entirely blame the landlords but they contributed as well. The high cost of building materials should be considered also. However, the wickedness here is that the house that was built 5-10 years ago without any renovation is reflecting the inflation to the point that the house of N250,000 a few years back is now about $750,000. All these are too much and show the wickedness of Nigerians. Nigerians are all just selfish and the blame is not on FX and the government alone but on everybody.
910  Economy / Speculation / Re: Buy the DIP, and HODL! on: April 10, 2024, 10:59:02 AM
DCA method means regular investment method. All investors can be successful by investing in this way. Because it is a successful method of investing for a long time, I definitely invested in it and I have continued this investment for the last two months. However, this Bitcoin DCA method will remain active for two more halvings.
Many hear the DCA but do not know it, and I must say, though it is simple, it is still not the regular method of investment like you said. It is a specific style of investment in which, if you make a mistake, you would think you are still investing through DCA means, but in practice, you are doing a different thing entirely. Many will just say they are DCAing, but they are only investing randomly which is why I love us to ascertain what we are practicing in the name of DCA, it may not just be that way. For this, I will rather say it is not regular but popular.

Nevertheless, you are right about the success, it has its track record and can be used for both long and short-term investment practices. This means that you might just want to invest your asset with the target of just 6 months, you may use it (short-term), while others may want to invest it for the long-term scope where they leave it for years or decades. However, the most important criteria here are the right division of the money to be committed into the asset in equal parts and striking the investment at an averagely right price. If not, the DCA may not work for you. At that time, it is you to be blamed and not the DCA itself.

This is why I advise you that you to think it wisely about how you practice your DCA even as Bitcoin is high already. Sending in your money within the space of two months as stated may only be comfortable when the coin is not too high. In this regard, DCA or not, Bitcoin cannot perform magic.
911  Economy / Trading Discussion / Re: Anxiety in trading (heart disease) on: April 10, 2024, 10:45:45 AM
I always say that trading is not for the faint of heart and tell people to avoid it if they are not fit for it, because it is those who are alive that are trading. Trading is not that child's play, an easy avenue to make money as many influencers would say. It is a tough task that will drag your money and health with you in some cases which will surely cause emotional trauma and other issues if care is not taken. Imagine the person trading with all or almost what he has and the person is hypertensive, this can trigger unforeseen issues that might take his life.

This is why it is often advised that one should trade with the amount that means nothing to them, after all, if you lose such an amount, you will continue your life as though nothing happened. Even if you started trading and can afford a big sum of money, do not rush to invest the money in there but try it with a little amount. Over time, you will know your risk affinity towards trading and what your nature can endure. Upon detection that you have too much reaction towards the money, I advise you to reduce it or quit trading to avoid further issues.
912  Alternate cryptocurrencies / Altcoin Discussion / Re: How to invest 1k in altcoins on: April 10, 2024, 10:30:34 AM
How to invest i mean how to diverse 1000

On altcoins how much to buy of each coin?!

In safe way and profitable
What you asked is subjective, there is no certain/perfect way to actualize it. This is why my own plan could be different from yours and yours different from anyone else. Above all, we should first know our motive for the investment, the goal to achieve and the time to achieve this goal. Even at that, the best coins/tokens that would perform well are key here, because no matter how much you try to distribute them, if you invest wrongly, you will regret it.

With $1,000, there are many plans that could fit in in terms of the division. One may divide it into 3 parts, 5 parts, 10 parts, 20 parts and so on. I think it should not be more than 20 parts in most cases, and if my preference should go through here, I will limit this amount to 10 parts of my most trusted coins maximum. There is no way you've not already averaged the risk and rewards in this way, which means that you can't miss out on a well-performing coin, and will not be disappointed too much if a coin does not perform as expected.
913  Alternate cryptocurrencies / Altcoin Discussion / Re: A few crypto questions. on: April 10, 2024, 09:03:27 AM
Bro, you should cool down, you are the one talking it farther than necessary with too many philosophical relations to simple things. However, let me try my best to answer your questions.

So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right?
Of course, HODLing is better than trading. It's not in earning but the risk involved. You will gain more in trading if you know it, but the HODLing is safer, which makes people term it better. But you are wrong in the second part, you can only exchange your fiat for cryptocurrency and own it before you can profit from it. Not the other way round. The moment you exchange your cryptocurrency for fiat, you are divesting it.

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Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
I think the terms trading and investment are causing confusion here, but note, the two could be used interchangeably. At times, before you invest, trading must first occur. The moment you exchanged your fiat for cryptocurrency, you just traded. But keeping it without trading it further on the futures/margin market means that you're actually investing it.

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And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins?
This is why you should not go for shitcoins. I will not dare to buy the altcoin I won't easily be able to exchange through popular exchanges. And I sell off those they enlisted initially and later delisted. The good part is that they announce it before making such a move.

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Can you even hodl altcoins?
Of course! Anything you can do with Bitcoin can also be done with altcoins. Imagine buying Solana in 2022, you would have made at least 20 times your investment provided you keep it till now. Is that not HODLing? HODLing is buying your asset and keeping it for a long duration of time.
914  Economy / Gambling / Re: Casino vs. Stoc,Forex&Crypto Broker: Who's Really Playing You in the Money Game on: April 10, 2024, 08:08:29 AM
We may not have to compare all these together because some of them are not the same with each other, gambling most especially is a different form of getting entertained with fun and others are more about making an investment or business while the brokers are the intermediaries between brokers,
Gambling is the only thing on those options that we can gain enjoyment while trying ourluck
because in stocks and brokerage you must b completely serious in all aspects before gaining that
amount.
What you've just said in this simple way is a pure fact and one of the ways people should know that gambling and trading are not just the same thing. When you are a trader, you are in for the serious business unless you are not serious yourself.
actually i Think you missed my point because what you are saying here is almost
the same as what i have said that in stocks and brokerage we need to be serious and
also same as trading(though I missed posting the word TRADING LOL)
I missed your point? Honestly, it still surprises me because I never replied to any of your posts. But mind you, being serious doesn't mean success, it is all about how you take it. Some traders may be serious about the wrong approach, so let it capture the whole aspect of trading that involves you and it, which includes the learning and training, planning and its coordination, the whole trading system and its actualization which will also entail discipline. These are serious issues if one wants success in trading, and the more you take trading as a business, the more you get the best out of it. It is not such that one can mistaken for the way of gambling, no, the moment you do that, it means that you might not be ready for it, or not just serious about yourself in relation to it. So it is not a mere talking about the seriousness, but also taking trading as what it truly is.
915  Economy / Reputation / Re: If you were a campaign manager would you select these members for campaigns? on: April 10, 2024, 07:47:55 AM
I think the overwhelmingness of the campaign managers makes it go unchecked for too long.
I don't think that's the main problem, or not even one of the main ones. Its a simple fact that there are more spots in the campaigns than there are quality members, meaning managers have to fill the remaining spots with shitposters (at least those campaigns with lower payrates) so we get what we have at the moment.
Well, I thought it carefully before concluding on that and it's not what I just concluded, I've been thinking about it for a long. I believe that campaign managers need more hands to be effective in this regard, but if they can't pay more hands, they will have to do this randomly, they are not robots, even as they have their personal lives too. They are really trying, especially those who would have to handle more than 100 users in all of their campaigns. That's a whole lot of work to do.

Nevertheless, what I notice is that, the more the number of users to deal with, the more the shitposters that slip through the radar of the CMs. Doesn't that speak volumes already? And if we go by your view, fine, they need to deliver as promised the sponsored company, for this, a shitposter might find his way in when there was no better one in the beginning. But over time after several warnings, if such can't change, he should be kicked out, and by then, a better poster could be available to take his position.

If truly some CMs had seen what some posters wrote, they would have evicted them a long time ago, but they remain in the campaign.
916  Economy / Economics / Re: Governments and their irrelevant projects just to steal public funds on: April 10, 2024, 07:31:28 AM
Should I advise you? This kind of discussion should be written in your local thread for effective discussion. Though I don't know your country, nevertheless, you sound like a typical Nigerian. What you wrote will be strange to many people, even to those people living in a poor country because the corruption allegation may not be so obvious/pronounced as much as you alleged in their countries.
This type of thing is not only prominent in Nigeria. I am not sure if OP is nigerian but it also sounded relatable to me and I am from Asia. We have always wondered why the government seemed to prioritize doing useless things over solving actual problems.
Oh, Asia, agreed. Still, can you tell me the part of Asia you are talking about? Just to relate what the OP narrated to what is happening or happened
in the country. Regardless, before the last administration in Nigeria towards the time of the general election, the CBN governor did a thing that was believed to be political. He did it so that there would not be an undue advantage for any candidate in a way that would not encourage vote buying that is plaguing the Nigerian electoral system.

He actually changed the face of the national currency towards that time, banned the old notes and made them useless because the old notes were believed to have been hoarded in their trillions at that time. This eventually worked, as it reduced vote buying and even reduced kidnapping which is another epidemic in the country. But there were panics as well due to the careless way he handled it. This caused the whole country to experience a cash crunch and it affected the economy, it was indeed bitting.

I experienced this, which was why know. But this section of the forum is global, how many people would know?
917  Economy / Speculation / Re: BTC Sentiment Poll for April on: April 10, 2024, 07:16:54 AM
I just voted Yes here, it's so likely that Bitcoin will hit $75,000 this month. First, this is the much-anticipated month of halving, and second, the asset itself has done the needed correction. Thirdly, it is above important support levels on the daily chart with a bullish price action. Holding above the TrendMagic line of $67,629 and the daily chart Fibo level of $65,432 are key factors for it to continue to rise this month. It however hit $73,000 yesterday, I believe that if it can breach the monthly high of about $72,750, it will continue to push higher for the test of the $75,000 expected this month. A breach above the level might make it proceed even higher, but I do not see this market hitting higher than $85,000 in April regardless of halving.
If the market shows Fomo signals because of the halving event and helps bitcoin reach $75k, why can't it rise to $85k or $90k? I personally believe that if bitcoin can surpass $75k then the $85k target will also happen this month or there will be a delay of early May.
The market is so funny, you can't expect it to continue to do the same thing all the time, and the time you expect it to behave in a certain way might be the time it does the opposite. What Bitcoin displayed so far should make any futuristic speculators be careful, anything can happen. The coin moved beyond expectation in recent times, so the halving that people are so much expecting may not be the saving grace this time, that's the market psychology for you. Just like how it behaved during the ETF fillings, the headlines, news and rumour made Bitcoin move significantly higher last year. That was before the actual approval happened.

Now, what happened when the ETF was actually approved? Bitcoin first dived down to the south earlier this year before later stabilizing and found its path upward afterwards and has not moved so much above the time it dived down till today. That could mean something when the market is hesitant, be sceptical as well. The same move is what I suspect this time which made me doubtful of the $85,000 immediately after halving. And hitting $75,000 and even breaching for a while doesn't automatically translate to significantly breaking it. There could be false breakout which will always be greeted by a powerful market reversal or retracement as the case may be. If this is now happening immediately after the halving, it could turn the whole market sentiment negative for as long as posisble.
918  Local / Off-topic (Naija) / Re: Now dollar is #1,400/Naira. Will the prices of food items and commodity reduce? on: April 09, 2024, 07:15:44 PM
When I first saw your headline that bears N1,400 to 1$, I quickly rushed to check the day you posted it. Even today the CBN is selling the USD at the rate of N1,110 and the P2P of exchanges has dropped to about N1,150 per 1$, but the Nigerian market has not felt its reality at all. Nigeria is just an ugly country in which things work haphazardly. No rule of economics working in sane countries is working in Nigeria.

I think it is because of our greed, selfishness and self-centeredness, which are coupled with our capitalist system mixed with other private freedom and economic styles (mixed system). There is no viable competition, and no government control, so people are doing what they like with the government clueless about the whole situation.

Imagine, what has increased in price when the USD was been exchanged at about $N1,850 still retaining the price till today when about N700 has been removed from the USD (N1,150). This can only say of what Nigerians are, our market reality and economic reflections are bad, if not wicked. This is so unfortunate.
919  Economy / Trading Discussion / Re: Stop paying money to learn trading when you can learn it yourself on: April 09, 2024, 05:44:27 PM
But this time it is foolish to expect anything for free you have to train with money then you can do better.
That is the n stage of all processes, it would be foolish if you skipped some of the learning processes that you should have gone through first. Anyway, the essence of this topic, instead of wasting money on paid course, it is better to use it for initial caps of the real trading.
I do agree that spending your money on initial trading moves would make more sense. I mean there are free resources that you can use, and you may learn from them and after you learned enough then you can use the same capital for trading and if you do well then that means you learned, and if you do badly then you can go back and learn some more. That way, you are still spending the same amount of money but at least this one gives you a chance to make a profit, I believe that's quite an important difference.

It is quite important to make money when you know what you are doing, and for you to know what you are doing you should be learning as much as you can, for months if you have to, do not start before you are certain you know it all.

I believe what you are saying; there are many trading courses that are free, and we can get ideas without spending any money. Which is not like others who have to pay for seminars and then what will be taught is only basic or verbal.

I've watched a lot of things on YouTube that I can tell if I've learned anything, and the others I'm going back and forth on because, when I analyze them, their explanations are true.
That is it, bro, you should just put 2+2 together to get the whole impact in you for free, that's wisdom. It wasn't as easy as today when I started trading about 2 decades ago, but I was determined that I would never pay a dime to anyone for trading, and here am I today. I am very equipped with trading knowledge, it is all about your determination, self-belief and the regular training you had. I started by gathering e-books and printed ones, I read them for a whole year before I started the demo trading. This was the main part since it's practical, even though I had the worst days in trading, but I never let go.

What helped me further was some forum activities of some brokers where free bonuses would be given to train and trade by participating in the forum. I did that for many years and I must say that it was positive in both the aspect of earning money through the bonus and also in the aspect of impacting more experience in trading. In between, I met a lot of renowned world traders, I mean those who trade for brokers, banks etc. I was blessed with some knowledge through them even as I attended enough seminars and webinars, but all for free. Now, I can boldly say that I learned how to trade without a simple penny giving out, and really, I am a very good type.
920  Bitcoin / Bitcoin Discussion / Re: Countdown to the 4th Bitcoin halving.. what should we expect? on: April 09, 2024, 05:19:53 PM
Bitcoin Halving Not Long To Go Bitcoin halving will begin in just a few days. I am very excited about this bitcoin halving. Currently I hold Bitcoin and will hold my investment until the next bull market. I have not only held my investment I am still constantly growing my investment using the DCA method. But I can't predict much about the market after this halving, but what I can predict is that after this halving, the market can go from $100,000 dollars to $170k dollars, but since the halving will happen in 2024, the Bitcoin market will reach a maximum of $90,000 in 2024 can position and is estimated to complete $100k to $170k dollars in 2025.
Yes Bitcoin halving will start this month. We are very excited about the current market value of Bitcoin and the market value of Bitcoin after the Bitcoin Halving. Even after the current market price increase, you are determined to hold on to your Bitcoins and you are sure to get good results in the future. The future of Bitcoin is hard to say but I think Bitcoin will cross $100k during the bull season at the end of the year. If Bitcoin is held until next year then Bitcoin can experience a doubling of its current value.
Yes, friend, we are all excited about the current price of Bitcoin, it performed beyond all expectations, and thanks to the ETF saga of last year against this year.  As it is now, I must say that I am more concerned, because the current status of Bitcoin has not been achieved in the past when it comes to the coin hitting its former ATH again and holding above it before halving after overcoming the bearish season. I hope this is not more of a curse than a blessing, because it might initially cause some dips of the coin before helping it to move higher after finding strong support at a reasonable level.

Well, this is a view though, but people are buying and not willing to relinquish their Bitcoin, which is a means of encouragement but I doubt if this will last long if the bias is shifting seriously to the downside. Just like what happened shortly after the approval of the ETF when Bitcoin plummeted more than $10,000. Above all, the owners of Bitcoin should continue to HODL it, this is the situation where our patient would be tested once again and hitting $100,000 can never be denied in this bullish cycle. Even the $120,000 will likely be tested before the season is over.
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