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901  Economy / Trading Discussion / Re: Day trading is perfect work for jobless peoples on: April 06, 2023, 03:30:59 PM
well, if they were really cut out for trading then it would be the perfect job. even more so when they have trading skills, and are quite skilled at making profits. I think, very many people who don't have a job then choose this job and build another business. however, this job is very profitable if we focus. However, the downside of this job to unemployed people is that when they don't have trading skills, their money can run out quickly if they can't do analysis and speculation.
902  Economy / Speculation / Re: Bitcoin can do 30k$ this month? on: April 06, 2023, 08:55:10 AM
I think resistance beyond 27-28k is bit too strong to easily pass. There are also some fud going on about cz so directly affects markets. I personally believe 2023 is year that we return back to at least 40 or even 45k levels. Every halving we experience higher and unexpected prices. Remember what happened last time. 20k was piece of cake after sudden drop to 3ks. Now 27-28k levels are actually rationally very cheap levels. Its best time to accumulate more and more Bitcoin now to get ready for halving.
well, it's been a long time since the price of bitcoin stayed at $27k - $28k. if there is a significant increase from this price, then the price of $ 30k will be easily reached. however, it seems that the bitcoin price movement shows that reaching that price is not that easy. However, I also think that this year, we could see a price higher than $30k. Even though in March, the bitcoin price couldn't cross the $30k wall, in a few months, if market conditions start to recover, the bitcoin price will surely exceed that price. I also think that this year, bitcoin price could reach over $40k. if it does happen, then this will be a good signal before the halving occurs.
903  Economy / Economics / Re: Is taking a loan/debt addicted ? on: April 06, 2023, 06:37:13 AM
In my opinion, taking a loan can lead to addiction because people think instantly and are lazy. It's only natural that currently many companies offer online loans because most people will make loans that don't require difficult conditions, but the consequence is that they provide high interest because of the risk of consumers not paying. very high.
besides that, another thing that makes people always borrow is a lifestyle that exceeds their economic capacity. they borrow for uncertainties, or for items they want, until they realize they cannot repay the debt without taking it elsewhere. well, maybe because of an excessive lifestyle, or because they want to take risks from businesses that shouldn't be taken, people become addicted to debt. however, we can borrow if it is necessary, but we need to think about how to pay off the debt.
904  Economy / Economics / Re: Money hardly come this days! Why? on: April 05, 2023, 10:57:41 AM
Yes, the economy is really bad right now. many people complain because they can't make extra income, or they are confused about how. However, we are in the same position. some of us feel that way, but continue to look for solutions and alternatives to increase income. besides that, the current business field is quite large, if there is a will, then we can easily create several businesses or businesses, especially now that social media has become a very good market for doing business.
What I'm trying to say is, instead of complaining, try to make some extra money. I think we are not alone in feeling the economic difficulties. some of my neighbors and friends also feel the same way. however they try to open small businesses, such as selling food, clothes, etc. to earn extra money. the choice is to complain or try.
905  Alternate cryptocurrencies / Altcoin Discussion / Re: Stay away from crypto influencers on: April 05, 2023, 09:15:14 AM
this really should be avoided because they advise us to buy and sell tokens/coins according to their instructions, even though they might have bought it first and then told their followers to buy it. and make them their selling target.i hope people out there can see this and avoid influencer.
well, we never know what influencers from social media want. too many negatives for that. in fact, many people who are just learning to invest try to invest in the coins they recommend, even though the coins are really close to a scam. this happened a long time ago. some influencers also try to get airdrops from the projects they advertise, or they get paid to do advertising on the social media they have. The advice often given to avoid this is to do some deep research on your own. it's better than following someone else's advice. however, we bear our own risk, so we need to invest wisely.
906  Alternate cryptocurrencies / Altcoin Discussion / Re: Will crypto banks replace traditional banks soon on: April 05, 2023, 05:40:11 AM
I'm not sure if crypto will replace traditional banks. taking into account that traditional banks are controlled by the government, and many people tend to prefer traditional banks to store their money over crypto. Plus, if a problem occurs, it's easier to deal with it when using a traditional bank than crypto. So, I think traditional banking is still a very important need for society.
Where I live, very few people use crypto, even they tend to be careful when they hear the word crypto. that's because they don't know much about crypto, as well as their tendency to use traditional banks as a place of storage compared to crypto. however, I think we still need traditional banks. Moreover, the safety is guaranteed by the government.
907  Economy / Economics / Re: Money and education on: April 04, 2023, 08:51:19 AM
There is no doubt that money has great power, but without knowledge, it can be wasted. After all, money is very important nowadays. even not only in Nigeria, but in almost all countries, money has great power and needs to be generated.
Both of these things are very much needed, even with money, without knowledge, it gets out of control like you can use it wrong for your needs that are not too important, or choose a business that you shouldn't run, and so on. if you have money, then look for information about businesses that can help your surroundings, and that can also benefit you. however, if you don't have money, you can look for information, knowledge about the optimal way to make money from around you. both are interrelated between knowledge and money.
908  Bitcoin / Bitcoin Discussion / Re: Bitcoin usage in crime activity. on: April 04, 2023, 06:03:12 AM
speaking of crime, bitcoin is not the only tool that can be used for things that are illegal. it can happen to all transaction tools, even fiat. we know that before bitcoin existed, there had been a lot of crime going on, starting from money laundering, and other illegal things. it was even still happening and more when bitcoin appeared.
Actually, the government is already taking action on this, like KYC, or even something else. the proof of that is that quite a lot of criminals are caught for abusing the use of bitcoin. however, it is very difficult to stop crime. even when we look at the legal things that a country has made, there are still some people who try to plan crimes.
909  Alternate cryptocurrencies / Altcoin Discussion / Re: A crypto world without CEXs...How would it be? on: April 04, 2023, 04:03:11 AM
It is very true that CEX has a very important role in the growth of crypto today. the fall of CEX will do fatal damage to crypto, in fact most of the public's trust may be reduced if CEX has been deemed illegal by the government. this will probably bring about the collapse of the crypto empire.
However, if crypto survives, then DEX will be the first choice in exchanges. besides that, P2P can also be an option, but it takes a lot of trust to make large transactions. The scenario I'm thinking of is, DEXs might be vying for the trust of crypto users and trying to replace CEXs. but still that big losses for crypto will still occur, especially those who focus on trading or futures on CEX, they will definitely lose faith in using crypto.
910  Economy / Economics / Re: less risk or big profit? on: April 03, 2023, 09:11:31 AM
older people are more inclined towards real estate because they are sometimes more concerned with investments that are physically visible. it is a guarantee that their investment can be developed. however, as you said that it has the advantage of being slightly slower than crypto.
Young people sometimes prefer crypto because crypto can be started with very minimal capital, while real estate has quite a lot of capital. besides that, in the crypto world, the investments we make can sometimes provide big profits quickly, but the risks also have the same potential. many people tend to run both types of investment, such as starting with crypto, then developing their investment into real estate. all of these types of investment depending on our choices, as well as our strategy in running it. many young people are still running these two investments. Older people also tend to choose real estate because they sometimes don't really understand crypto, or don't want to take too much risk by using a lot of capital.
911  Bitcoin / Bitcoin Discussion / Re: Thanks to bitcoin on: April 03, 2023, 05:05:43 AM
Bitcoin does provide enormous benefits for its users. so many people use bitcoin to get out of their economic problems, and really get that solution. in fact, not a few of them became rich. However, I have benefited a lot from this technology, and it can really be felt during Covid 19. So many people have left their jobs, and are in a condition of economic deprivation. however, for the people who took advantage of bitcoin, it was an opportunity, and many of us have benefited since then. well, even now, i also feel that bitcoin has completely changed the way i think about the internet, business, and anything else that has to do with technology and the economy. I'm sure many of us feel the same way.
912  Bitcoin / Bitcoin Discussion / Re: What do you Think might aid the global adoption of Bitcoin? on: April 03, 2023, 02:55:10 AM
No need of re:global adoption for bitcoin, its good to be like what is, and let other countries who are interested regulates it. Having El salvador making bitcoin as legal tender is enough to get referenced by any countries who wants to regulate it.

The more bitcoin getting regulated the more problem people faced, meddling of authorities, high tax, BS KYC on different platforms, etc.
yes, it would be better if bitcoin adoption goes naturally. if it provides encouragement or a regulated system, maybe the use of bitcoin will have restrictions. if any country wants to adopt it, then let them adopt it based on what they want. sooner or later, bitcoin may be adopted globally, even now almost all countries have their own bitcoin users, it's just not evenly distributed.
913  Economy / Speculation / Re: Bitcoin can do 30k$ this month? on: April 02, 2023, 09:42:05 AM
it seems the bitcoin price can't reach $30k by the end of march. however, the prices are really close. if there is a slight pump or there is positive news about bitcoin in the near future, there will be a possibility that the price of bitcoin can reach $30k to $35k.
on Cointelegraph speculation at the end of March 2023, they predicted the price of bitcoin could reach $ 30k to $ 32k if the price could be resistant to continue rising. However, at worst, the bitcoin price could reach $20k. however, I'm leaning towards $30k pricing this month.
914  Alternate cryptocurrencies / Altcoin Discussion / Re: Meme coins still a good invest? on: April 02, 2023, 09:02:37 AM
In my opinion, meme coins are no longer good for investing, mostly meme coins appear because of the elon musk effect, and that's not good because meme coins don't have a strong foundation, they only rise due to temporary hype
Since the meme coin hype caused by Elon Musk's tweet, now I feel that meme coin is only used for short. there may be some people who make long-term investments in the famous meme coin, but that seems very uncertain. however, apart from long term investing, I think meme coin is still profitable for people targeting short-term investments.
915  Economy / Economics / Re: Should you save, when you are wealthy? on: April 02, 2023, 06:05:46 AM
like you said, everyone has their own way to get rich. some people patiently save their wages to get rich, some try to run a business, some invest, and so on. However, you can run it all together by dividing your salary into parts. however, what you need to remember is, you don't need to invest 100% of your income in bitcoin or your investment place. you need to insert a few percent for your needs. like you want to buy shoes, you can use the money you prepared for your needs.
Currently, I am also trying to get rich. I try to invest, while running a business. however, I was never able to get rich by saving because of my insufficient income. So, I'm trying to find alternatives to increase my income first while investing and running a business.
916  Bitcoin / Bitcoin Discussion / Re: Reasons why I might consider selling my Bitcoin. on: April 01, 2023, 01:37:56 PM
Preferably, having other money saved for these interests is very necessary so that we don't sell the bitcoins that we have. For example, education or higher skills. we don't need to sell the assets we have when we have spare money to pay for it. I think, the condition where I might actually sell the bitcoins that I have is when I feel the price is very high, or maybe because of the pressing needs and the savings that I have are not sufficient.
917  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [Bounty] [Stage #2] Second Live | 🚀 01 M $BEAN Tokens 🚀🔥 Stake BEAN earn LIVE on: April 01, 2023, 01:27:26 PM
Bitcointalk name: Farma
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Telegram username: @Farmame
BSC Address: 0x9912A26C431e997469168A48443Eaca978B4fe0D
Joined Campaign: Signature
918  Bitcoin / Bitcoin Discussion / Re: Evidence that I actually invested for my baby on: March 28, 2023, 03:49:28 AM
I am quite happy to hear that you have wanted to invest in bitcoin for your son since he was a child. however, I think that alone is enough. telling others what you have furthermore doesn't seem very good. If you plan to invest in bitcoins piecemeal, then do it gradually, and I don't think anyone else is going to force you to show proof if things are like this, and I don't think anyone needs proof of your story.
919  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it safe to keep your money in bank? on: March 27, 2023, 11:02:59 AM
To avoid the risks of losing your funds, you should find a reliable crypto exchange that provides high security and trustworthiness. And that should be FMCPAY Exchange.

Why FMCPAY is a safe place to store your funds?

FMCPAY Exchange takes security seriously and has put in place a number of safeguards to protect your payments and personal information:

  • Two-factor authentication
  • KYC
  • Email verification

As the most trusted platform for cryptocurrency exchange by digital securities registered in the USA, FMCPAY can ensure your assets will be protected whenever you invest in this exchange.
You're give a misleading information that will trick any newbie who doesn't understand about centralized exchange, they will think it's secure enough to store their coins on centralized exchange rather than on non custodial wallet.

Centralized exchange is worse than bank because there's no insurance company will back up every single customers' coins and it's vulnerable getting hack or going bankrupt like banks.

2FA, KYC and email verification has nothing to do with your coins security, it's just to secure your account. I advice you to correct it and act accordingly.
well, what's more, quite a lot of CEX are also scams, like FTX, and others. Apart from that, I also still feel that national banks may be better than CEX. that's because their legality is recognized by the state or even they stand on behalf of the state. Several cases of losing money at national banks have occurred in my country, the bank is fully responsible for the incident and returns customer money that has been lost. It's different if it happens to CEX which isn't even fully validated yet.
To be honest, saving money in a bank has its advantages and disadvantages. however, if it's just saving money, then I might prefer a bank because it's easier. if it's about investment, then I will choose crypto.
920  Economy / Economics / Re: Is risky to invest this period on: March 27, 2023, 08:08:54 AM
What happens if someone invests their money in bitcoin at the beginning of this year? I think at this point he has the advantage. Besides, if you invest when the price is on the rise, aren't you too late for that?
However, if someone invests $2000 and it becomes $400, then it is a risky investment. we all know that investing in crypto is a very risky thing. However, investing in crypto can also make the money you have more.
We don't know about bitcoin price movements because the price is very volatile. however, if you want to invest, then start now, and use money that you are willing to lose. investing little by little is more recommended than investing in large amounts at once. that way we can control the profit or loss. However, if you never start and keep waiting, you will miss the moment to invest. however, in the end, we all have different views and strategies.
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