Another chapter of a scam project that has closed down, and another reason why some naive investors will still generalize the crypto space as a scam, my heartfelt sympathy to the OP for how this project turned out, this is part of the risks involved in the market. Investing in many projects in cryptocurrency are are gamble, except for Bitcoin and top altcoins that have proven their reputations in the crypto industry.

Any adult wey get responsibility suppose know say emergency fund de very important because sometimes unforseen expenses fit to arise wey person go need money to quickly solve di problem, example na health matter, di person or im family member fit to fall sick and im go need emergency money to buy drugs or hospital payment, e fit even be accident matter wey go need sharp sharp money to save life. So e de very important to use sense de do our DCA method to hodle Bitcoin, make budget for your income, comot money for basic expenses, comot di one for DCA and keep some percentage as emergency fund, if emergency no happen, carry di emergency fund over to di next month.

No let dem see you finish, so make you no put all your money for Bitcoin, you no de for competition with anybody, for dis life anything can happen at anytime so e de very important to hold some money for hand, Incase dem say e don happen, so you go fit answer your name.

It's to be expected, Bitcoin is pumping to bull run and investors are buying so they won't miss out on the profits, so it's a time for new projects to flood the crypto market, so that they can get investors to buy in the hope of cashing in big profits like in Bitcoin. The only problem with the new projects like these memecoins is that there are more scam projects than the legit ones and investors must have an eagle's eyes to be able to research and perhaps know the legit from scams, unfortunately this coin that the OP presented in this thread is receiving a negative trust rating. If the OP is certain that the coin is legit, then the developers needs to take the remarks given into consideration and work on a better presentation.

Infact the DCA method that you mentioned is the best strategy especially for average income earners to be accumulating Bitcoin, to keep hodling until the time when it's needed for any perticular project, plus Bitcoin is one of the best investment that anybody can engage in because if held for a long term, it'll keep increasing in value thereby adding returns on the investment capital. I'm glad that the OP has crypto knowledge and imparted it to his mum, so that they can have a long term sayings plan for the mum's Hajj. Saving in Bitcoin, is by far better than keeping money in the bank, because Bitcoin guarantees the holder many times over ROI in the future, while money in the bank can only give a minimum interest. Good luck to the OP and his mum as they plan for her hajj.

There there different types of economics but they all fall into two categories being microeconomics and macroeconomics. Micro talks about personal economics of an individual, a community or an organization, the way they get income and how they plan their expenditures, the way they react to supply and demand of goods, finally how they're able to make a scale of preference and arrange their needs in the order of importance. Micro talks about the aggregate economy, that is the government, the way they plan and structure their economy.

I wouldn't know for sure about the economic parten of Satoshi Nakamoto, but I'll say that it'll be oscillating economics, this is because Bitcoin was designed to have seasons. When it's getting to bull run, many investors will enter the market and be buying Bitcoin, because of the anticipation of the bull season, when price reaches ATH which is the equilibrium price, with time price will start to drop because it can't go further up, then bear season will gradually start to set in. As price continues to go down, many investors will be exiting the market and price will fall, then the bul run will start to build up again. This is why it's called oscillating economics, because it's programed to be rotating in seasons.

Firstly I think that if your friend is taking hard drugs that it's not right because it's dangerous to his mental health, and being in the influence to gamble doesn't really make sense, ofcourse a gambler can have a few drinks to be in a lighter mood to gamble, but being controlled by the influence of hard drug will surely make the person to gamble irresponsibly.

Having an appropriate time and mood to gamble is a personal decision, the time and mood that suits one gambler can defer for another, so if a perticular time doesn't work for your friend, then it's better to change to another time. Generally I think that it's not advisable to gamble when you're sleepy, because you can mistakenly bet more than the amount that you perhaps budgeted for, gambling should be done when someone is wide awake. I personally wouldn't gamble first thing in the morning, it'll be better to do so much later in the day when I'm more relaxed.

Undiluted truth is not palatable to hear, because it's not sugarcoated with any feel good story, what you said is the undenying truth, that crypto trading is not promising, because of the high risks that leads to loses in it, it's better for the trader to have a job that guarantees steady income and let the trading to be an alternative means of generating income. Why it's not easy for a newbie trader that doesn't have sufficient capital for trading is because they can be unlucky and lose their capital in placing trade, this is why it's not good to solely depends on crypto trading as a sole source of income. I advice the OP to have an experienced crypto mentor who'll tutor him and when he has increased his knowledge, then he can start with the amount that he can afford to loose.

The rate at which the naira is devaluing now, especially comparing it with a stable currency like the US dollar, is very alarming, and it has caused the prices of goods and services in the country to be skyrocketing everyday, we're really hoping that the government will be proactive and find a lasting solution for the dwindling economy. A lot of factors are responsible for this, example is the new administration entered and removed fuel subsidy and it made the price of fuel to increase about %300, so the effect of this became gradually increase in the prices of goods and services, plus over reliance on imported goods, coupled with corruption in government. We in Nigeria, are hopeful that with time the economy will stabilize and our fiat currency will begin to appreciate, so the prices of goods and services will start to come down.

The picture really shows how most Bitcoin investors react to price before deciding to buy, they're relaxed when price is very low, but the moment when the price starts to massively pump, they'll suddenly realize that they don't want to miss out and starts to buy at the high price. Another reason why more people buy at a higher price is because there's more Bitcoin adoption when we're heading to bull run, that's when the awearness is more, because they'll be hearing how those that have been hodling will get their ROI in bull run, so they'll also rush to invest despite the high price, so they won't totally miss out. Most people that buys Bitcoin when the price is pumping before bull run are mainly new investors, experienced investors won't be that naive.

So they've fought already and obviously going by your statement the Bitboy, guy won the tournament, congratulations to him, I didn't watch the match because I'm not familiar with the contestants and the tournament. So I'm wondering if it's a real fight like the ones of professional boxers and kickboxers or some soft tournament for amateurs? And what's the impact of the tournament regarding cryptocurrency,? I guess that because they're crypto influencers that is why their fight is being discussed here, although I think that this topic would've been more suited in the gambling discussion sub board, since it's focus is on a game.

Abeg make you no blame person wey plant pepper for im backyard and im come de increase di price wen im wan sale am, evendo say no be imported goods wey concern dollar and naira matter, di fact be say if di pepper seller sale at normal price and im come de add money to buy wetin im need for market, na lose for am. So normal normal as di prices of other goods de increase for market, everybody go de increase dem own too, because clearly di currency value do depreciate, and as e continue to de depreciate, na so prices of everything go de go high, weda na imported or locally made or grown. Na our government suppose wake up and do di needful to gradually de stabilize our economy.

I doubt that we can achieve a total cryptocurrency dominance over fiat currencies in the world by the next twenty years, this is because fiat currencies are the symbols and identities of countries and the whole nations of the world will want their legal tender to be their main transaction currency. This can mainly be possible if the whole countries of the world or atleast the superpowers decides to adopt one world currency and decides that it'll be a digital currency, then it can be Bitcoin. Probably in the next 100 years or above, maybe people will become tired of centralized currency, and they might advocate for crypto currency to take over from fiat.

I guess that since Satoshi, won't come out and disclaim any impersonation on his person, then we're free to let our imaginations to be doing the guess work, I say this because I like your angle to it, that Adam Black, might be Satoshi, he'll manifest physically as Adam, while his alias will remain the anonymous Satoshi Nakamoto, makes some sense. Anyways whoever Satoshi, is, it's good for the decentralized Bitcoin that he created, which is all about freedom and privacy, he should know that Bitcoin is doing great, being the best valuable digital asset for our investments.

Maybe "I promise" is the magic word, I don't know if I've used that exact word, but I've been determined to do things that I put so much believe that it'll materialize, in the end nothing happened. Just like in crypto trading or gambling, you can tell yourself that the trade or game will play out in your favor, in the end you'll experience lose, so I think that if life were as easy as you said, just say 'i promise, to yourself and put in the work,  then the universe will make it happen, then we'll probably have more millionaires today.

The way I see "I promise" it can be a word of faith that we can tell ourselves and we believe that the thing will happen, a sort of encouragement and morale booster, but the reality is that it can happen when what we seek is realistic and we work towards it. Again we can have all the believes and tell ourselves anything yet it won't happen, perhaps it can happen in another form either favorably to us or not.  Thanks for sharing the inspirational phrase

What you said here is very true, we can shield our children from watching us gamble or not to let them engage in gambling, when we're with them in the comfort of our homes, they'd listen to us, but what about when they're outdoor, probably seeing adults that are gambling in the open, we can't stop them from seeing and being curious. I think that at certain age of our children we need to teach them things according to there levels of understanding, example is telling them the implications of certain things that they see adults do in the open and on screen. As regards gambling we need to let them to understand about irresponsible gambling and how the individual can become an addict and ruin their lives.

The internet has made learning to be easy, you can sit in the comfort of your home and learn valuable lessons on how to trade, especially when you have the opportunity to interact with experienced tutors who can guide you professionally. A person that wants to learn how to trade online needs to research and know legit instructors, because there are also get rich quick trading instructors on YouTube, who makes trading to sound like a get rich quick scheme, some will even suggest a scam investment to you. Happy for you that you found a legit instructor, hope your actual trading journey will be more profitable than loses.

There's a popular saying that show me your friend and I'll tell you who you are, so it's very true that birds of same feathers fly together, we as human beings wants to be in a crowd where we'll feel comfortable and accepted. In a country, circle of friends or a family, it's normal to have individuals of different views because we see the same thing from different perspectives, but within that circle if the views of two or more individuals always tallies, then you'll notice that they'll bond more with each other, it's very natural. This is why you'll see corrupt politicians or criminals will like to work with like minds so that they're schemes will not be questioned by their associates, likewise honest people who have integrity will always lookout for friends, associates and colleagues that reasons like them.

Ignorance is a plague that people should purge themselves from, because it's really sad and foolish when people make avoidable mistakes, something that what it takes to learn is not far fetched, it's a pity that the guy in the story had to lose all his Bitcoin because he trusted so easily, now he doesn't know if it's the recovery guy that stole it or not. Lesson from this story is that it's not even safe to store our sensitive information online, because hackers are devicing means everyday to gain access into people's private information.

Fact is that wallet seed phrase that is stored offline is the best because there'd be no chances of your device being hacked and the information in it to be stolen, imagine the guy losing all the Bitcoin that he's been hodling for years because he didn't do the right thing. It's important that newbie investors in cryptocurrency should learn simple tips on how to protect their coins from hackers.

I'm also optimistic that Ethereum ETF can be approved by SEC this May, this is because Bitcoin ETF has paved the way for this to happen, therefore Ethereum, don't need to go through the hurdles that Bitcoin went through before it's approval. So based on this speculation I'm not surprised that Ethereum, is gradually pumping now, Bitcoin price also started pumping when it was nearing the time before it's ETF was approved. Ethereum is second only to Bitcoin and I believe that it's not too late for investors to start buying Ethereum now, because I see it hitting past the $5 target that many observers predicting.

I de reason where you de come from, because some people wey de privileged to de earn money in stable currencies like dollar, go change di money to naira, and di thing go come plenty for dem hand, so as you talk, make dem no de carried away with di huge money wey go de dem hand. Di purchasing power of di money no go fit to buy wetin di same amount fit buy six months ago, so na for eye and paper naira plenty but wetin im fit buy de reduce everyday. I no know say e go finally reach our own turn, before I de hear about Ghana, currency as di money no worth anything, dat time wetin one hundred naira go buy na more dan one thousand for dem currency.