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981  Other / Beginners & Help / Re: Don't trust your old wallet of when u had no Crypto knowledge on: February 21, 2024, 07:32:47 AM

Meanwhile some persons may have been putting you through the thoughts about Bitcoin whom may have helped you in creating a crytop wallets during a learning era about the coins which probably they may have got access to your private phrases without your knowledge then. My advice at a case like this is that at your readiness of Investing your funds in the crytop, do not use the wallet, you are free of charge to create a new wallet with a generated private phrase keys which can personally be to yourself all alone but depending on how careful you could be about your privacies.

Thanks for bringing this topic up, a lot of us have made mistakes when we were ignorant of the various scams and hacks in the crypto space, immediately a person that's into crypto gains knowledge, they must review everything that they've done before gaining knowledge to see if they've made any mistake that needs correction. Opening a new crypto wallet seems easy to us now, but the truth is that most of us were guided by others to open our first wallets, and you never can tell if the person has copied our seed phrase and can use it to import the wallet to be monitoring transactions inside it, if a substantial amount of coins enters it, they can easily move the coins to another wallet.
982  Alternate cryptocurrencies / Altcoin Discussion / Re: Someone have my wallet phrase on: February 21, 2024, 06:02:47 AM
What worse case scenario given then fact I have only 14$ on this wallet and of course not intend to deposit anymore funds to that wallet

Best thing is to learn from your mistake and move on, never share your seed phrase with anyone no matter the circumstances or persuasions, it's your secret phrase, and remember that as many people that you shared your seed phrase with, you've also shared the ownership of the coins inside with them and anyone of them can have access to it. So just open a new wallet and transfer the coins from the compromised wallet into it, never send any coin into the compromised wallet again, no matter how insignificant the amount is.
983  Local / Politics and society (Naija) / Re: Is this ideal? on: February 20, 2024, 04:30:21 PM
E de easy for our government to heap di blame of dem incompetence to oda people, instead to focus on di solutions on how to comot dis our country for di mess wey we find ourselves. As dem don arrest di BDC operators for Abuja, how e take help our shitcurrency? BDC operators no be di problem of Nigeria, make dem focus on providing enabling environment for investors to do business inside di country, by fighting terrorism, banditry and kidnaping, repair our refineries and build new ones, constant electricity supply and tackle high cost of our local food wey no be imported, many more pressing issues wey de dem table, na to de arrest people wey dem incompetence make dia business to de flourish.



984  Alternate cryptocurrencies / Altcoin Discussion / Re: JASMY - worth investing? on: February 20, 2024, 03:36:43 PM
Been a while since I even thought about Jasmy and noticed today it has pumped 100% this last week.

Anyone holding at all? Current price is $0.01 and hoping it can reach at least $0.25 this bull run.

I'm really happy for you, despite all odds and the skepticism of investing in new projects, because many of them are scams, you still went ahead to believe and invested in this jasmy project, now it has pumped %100, it's really good. Don't be surprised that it's giving you returns on investment now, when Bitcoin is headed to bull run, it'll activate many coins/tokens to also be pumping, because investors will want to diversify their crypto investments to make more profits, therefore prices will be going up. Investing in projects that is not Bitcoin or top altcoins is risky, but I'm happy for you that the one you invested in is yielding you profit now.
985  Bitcoin / Bitcoin Discussion / Re: Is it too advanced to get into Bitcoin now? on: February 20, 2024, 02:26:58 PM
It's never late to invest in Bitcoin now, we're expecting bull run proper from the end of this year to the first quarter of next year, indicators are pointing that despite any slight fluctuations in price, it'll still be increasing till it reaches it's ATH. You can take it as a fact that so far bull run is still approximately one year ahead that if you buy Bitcoin now, it'll give you over a %100 profit then. So let the OP join the many smart investors that wants to maximize their profits in bull run, if he's looking for a significant price dump where it'll dip very low before buying, then he'll have to wait for bear run, but then he'd have missed out to invest now and cash in many returns in this coming bull run.
986  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it good or bad idea saving every penny on crypto stable coins on: February 20, 2024, 01:35:02 PM
Nice contributions. I think I've learnt Alot here.

I think making stable coins my savings wallet would just add up to my stress but rather I'll choose to invest percentage of my long term savings on Bitcoin.

You just made the best decision that will keep increasing your money as long as you're planning to save on a long term, Bitcoin is the best digital asset that you can hold that will keep giving you ROI in the future. Saving your money in stablecoins is good if the value of your country's local currency is not stable and is depreciating compared to the us dollar, in that case stablecoins can be a good choice, but Bitcoin is better because if held on a long term, the value will keep increasing and make the holder richer.

Please don't put every penny that you have in any investment, including Bitcoin, it's important to save some percentage of it in your local currency to cater for daily and unforseen expenditures, it's not every business that accepts digital currency as payment for goods and services.
987  Economy / Gambling discussion / Re: Gambling friendly countries on: February 20, 2024, 11:37:26 AM
We all know that gambling income is heavily taxed in most of the countries. This is because most of the countries have separate taxes for the gambling related income. I want to know which are the most gambling friendly countries which charge very less or nil income tax on gambling winnings ?

Some members here seems to think that you're probably planing to travel to a gambling friendly country where you'll not be taxed for gambling, but I think that you might just be asking out of curiosity, probably because your country's tax on gambling is very high. Knowledge is power so as a gambler it's ok to be informed about the gambling habits and regulations in other countries. If you gamble and win, I don't think that it'll be much of a problem to give your country a share of your winning as tax, although you can argue that they don't compensate you for your loses. I think that it's only in countries that have developed their gambling industry that can afford not to collect tax from gamble winners, as a way to entice their citizens and tourists to engage in gambling.
988  Economy / Trading Discussion / Re: Does Technical Analysis Really Work? on: February 20, 2024, 10:48:48 AM

In a bull market, I think the TA may not work at some point, it follows certain behavior as the market reacts to the sentiments but TA does work in most cases when the market goes sideways or even in the bear market.

The only psychological in trading is controlling the trader's greed which is why most advice says don't be too emotional about it. Sometimes when a trader can't wait for the right price and just keeps buying and not knowing why, he'll end up losing.

If there's anything like psychological analysis in crypto trading, it'll have to do with the trader being emotional and it might lead him to not focusing on a perticular parten, it can also lead to not knowing the right time to buy or being greedy by not knowing the right time to call it a day. Technical and fundamental analysis are however very important for every trader to understand, but the way that a trader chooses to use them is what matters, trading is hard and that is a fact, so it's good to always trade with the amount that you can afford to loose.
989  Other / Politics & Society / Re: [NSFL] If you live in US or EU, this is your money hard at work on: February 20, 2024, 09:53:40 AM
I believe you were supposed to take that image and do not embed it this way, by the way. I think the proper way to share this kind of content is to put the link in your post and warn in before hand to people who are reading your post, instead tagging the topic of your thread as NSFL. Actually, I would not be surprised by many of the people here in the Politics and Society section are not ever aware of the meaning of NSFL. It would be good if you could edit your OP, in my opinion.


I support your opinion that gory pictures like the one that is posted in the OP is not appropriate in a public forum like this, because you don't know the health conditions of everybody that will see it, it can trigger high BP or some other health issues in some people, so in the process of proving a point you might harm others. The best approach to showing things like this in a forum is to talk about it and share the link, even media houses warns viewers before showing scenes like that.

I don't support Israeli soldiers to enter civilian populated areas to fight their war, it's very wrong because these are innocent people, there should be rules of engagement on where to fight their armed enemies. If it's proven that it's Israel, that is responsible for that barbaric act, then it's vary sad indeed and their allies must take note and answer if they're in support of these terror act.
990  Other / Beginners & Help / Re: Are newbies afraid to comment on threads of highly ranked members? on: February 20, 2024, 09:07:23 AM

I want to give my opinion on some threads when I read threads of senior, legendary, or ranked , but being a newbie, I am afraid to join discussions with seniors, (legendary) members. The scary thing is (though it may be completely wrong to think), I think, can tell me, how a newbie engages in discussions with seniors, wants to give advice, what I know and how little I know. Also, I have a small number of threads that have no merit (that's my main fear). I even stopped commenting on some posts, thinking I might be wrong in my knowledge, even though I was right.


Fear is a natural feeling and when you come into a new place where there are intellectuals, people who have gathered knowledge of what you seek, it's quite natural to want to feel intimidated because you're afraid that you might not measure up to their standard. The only thing to do in this forum is summon courage to make posts based on your understanding and put yourself under the experienced members montorship, inasmuch as you're not competing with them, you'll learn and increase your knowledge. I joined the forum without any crypto knowledge and today most things that I know about the industry is from this forum, this is the best place to discuss and learn about crypto related matters.
991  Alternate cryptocurrencies / Altcoin Discussion / Re: Price of Bitcoin and Ethereum on: February 20, 2024, 07:30:06 AM
Generally, prices of cryptocurrencies rise or fall along with bitcoin. This is because investors usually use bitcoin as their standard. If bitcoin’s price is rising, the more they want to invest but they would rather buy cheaper currencies that may perform just as well as bitcoin hence why they will start looking for other altcoins


Bitcoin is the king of cryptocurrency and Ethereum is the number two, as far as I know these two are the most reputable cryptos in the market, so it's not surprising that Ethereum, will follow the bull or bear seasons of Bitcoin, and when either of the seasons happens, other altcoins tend to follow their trends too. I think that the maths is quite simple, when Bitcoin is headed to bull run, investors will be making massive profits because of it's constant price pump, and they'll want to take advantage of it to also invest in altcoins to generate more profits, also because altcoins can pump and give more profits on the short term. But investors needs to be cautious about the altcoins to buy because it's not all of them that are worth investing money in, this is why I prefer top altcoins like Ethereum.
992  Local / Nigeria (Naija) / Re: Why you might miss out on the bull run while holding on: February 19, 2024, 04:35:13 PM

See eh, during the bull run, no be all coin dy rise oo, most of this alt and shit coin wey dy in your possession fit frustrate the haven day light out of you during the bull run, so to me if you wan dy sure say you self go benefit from this bull run, I suggest you accumulate like 95% more of Bitcoin, than park alt and shit coin wey fit disappoint you during the bull run,  abeg newbies like me make ona follow who know road so that ona no go lost.

Wetin you talk make better sense because as Bitcoin price de pump wey many analysts de predict say di price go pass $100k during bull run, many investors go de happy to also de buy altcoins wey dem go reason say di projects go follow Bitcoin bull and get plenty returns on their investments. But di matter be say no be di whole altcoins na im de worthy to hodle, any newbie wey wan hodle altcoins suppose carry out correct research to know weda na better project before dem go invest in am, my advice for dem be say make dem go for top altcoins wey don gain better reputation for di crypto market.

Most of the new projects wey de spring up everyday na scam dem be, so unless person wan gamble dem money because dem fit to make profit on di short term or lose dem money inside shitcoin. So if dem must invest for any crypto wey never gain reputation, make dem investment di money wey dem fit to lose, but make dem invest most of dem money for Bitcoin wey sure pass all of dem.
993  Alternate cryptocurrencies / Altcoin Discussion / Re: I am seeking advice investement in new projects is legit or not ?? on: February 19, 2024, 03:21:44 PM
Not a project by The Tor Project, Inc themselves? No? Then that's easily a scam. It seems to be just a fake Tor token with a memecoin mechanics with the swap fees lol. My first point alone should immediately make you stay away from that "project".

If it's not in the Tor family then it's most probably a scam, the developers of the project should have chosen a different name for it because anybody that's into crypto will want to verify if the project is a part of Tor, I think that's their first flaw. One of the most important things that I've learnt in this forum is to carry out research on anything that's associated with cryptocurrency, because of the many scams and hacks in the space, I never get carried away with the hypes of new projects, because in the end most of them are scams. We'll see how this one goes.
994  Bitcoin / Bitcoin Discussion / Re: Struggle now to invest in Bitcoin for a bright future. on: February 19, 2024, 02:08:47 PM
Many of us know about Bitcoin. But due to a lack of funds, we regret about Bitcoin investment. Many people, particularly those from low-income families, regret when we can't invest in Bitcoin. Though we can't solve this problem, we can struggle to achieve our goal. For our daily needs, we must need money to survive. Sometimes we spend money on unnecessary things. So we can avoid spending unnecessary money because we can survive without it. And we can start investing in Bitcoin with that money. We have to find a solid income source, even if it is small. So we can go ahead with our bitcoin investment. If we struggle now, we may build a bright future. Even students could save some money from their daily spending and invest in Bitcoin.

Bitcoin is undoubtedly one of the best investments that anybody can put their money into now, especially because you don't need to start it with a lot of money, you can start at your own pace, meaning that the investors can be doing DCA method and be gradually accumulating and holding it. Anybody that is privileged to know about Bitcoin, will understand that instead of saving their money in the bank, where the value can depreciate if the local fiat currency devalues, as in the cases of some countries now, it's better to buy Bitcoin and hodle because despite it's price fluctuations, it's value will keep increasing in the long run.

Every average income earners should try and do DCA method to accumulate and hodle till bull run, because from every indications, within one year from now Bitcoin will more than double it's current price now and hit over $100k. Sow in tear now and reap in joy and happiness during bull season. You can also check related topic that I started in Nigeria local board. https://bitcointalk.org/index.php?topic=5485287.msg63668968#msg63668968
995  Economy / Economics / Re: keep pleasures without incomes aside and Chase after profits on: February 19, 2024, 12:59:36 PM
It's obvious your wife did not understand because for her the relationship and family are the most important thing. Women are genetically programmed to care about the family, children, as they say, to keep the fire going. When you don't want to celebrate the anniversary it sends a message that you don't care about the family and you've even proven it yourself by saying that you provide for her financially, so she doesn't know where the money comes from, what investments you make and how much you can profit from saving up.
Keep doing what you're doing if you're the one responsible for finances, but at the same time show her that you care. Celebrate the anniversary, just make it cheaper. Think of something that will work as a surprise for her but won't cost a fortune.

Drastic times calles for drastic measures so if the OP has been celebrating his marriage anniversary all along and decides to skip it this year for a good reason, because he's investing in Bitcoin and hodling it to sale in the peak of bull run, I'd say that's a good economic plan. Only thing he needs to do is to let his wife to understand that it's important to skip this year's anniversary, because of his investment that'll yield them massive returns in about a year's time, they can celebrate their anniversary in a very low key this year, I'm sure that any reasonable woman will understand.

Being a sole provider in the family is a big responsibility and the breadwinner has to sometimes take some decisions that can cut short the family expenditures, inorder to save and invest in a reputable investment like Bitcoin, which he knows what when it's bull season, the family will enjoy profits in ROI and the investment capital will still be yielding more profits in the future.
996  Economy / Gambling discussion / Re: Can Anyone +18 Play Gamble? on: February 19, 2024, 11:21:16 AM
Inasmuch as a person is up to the age of gambling in any country, I believe that is all that matters, they can gamble as much as they like, whether they have gambling experience or not. At that age a person should be fully responsible for their actions, and if they wish to foolishly lavish all their entire savings on gambling, ofcourse it'll be their choice, infact bet and casino companies will like for inexperienced gamblers to keep patronizing tham and keep losing their money. Ignorant people will keep paying the price for their wrong decisions, whether they're 18 years or 80 years old, the wisdom of Solomon, has nothing to do with the age of Methuselah.
997  Economy / Trading Discussion / Re: Can you make everybody to win in their crypto trading? on: February 19, 2024, 10:39:05 AM
I got your points although I was never in the shoes of an expert trader who is educating others or helping others in trades to make them some profit because that's a huge weight on the shoulders of an expert trader. I afraid to take that weight and I try to be so transparent that whenever I give a trading suggestion to anyone, either on the forum or in real life, I don't forget to give a disclaimer that "You will be responsible for the trades, I won't, you should DYOR before executing" Statements like this, can save you from big reputation cases.


Trading is hard and this is a fact that every newbie that is venturing into it must understand, so despite the expertise of the professional trader that is tutoring them, the fact remains that loses happen, even the professionals experience loses in trading. So like you said a professional trader that is tutoring newbies about crypto trading must make them to understand the risks that is involved, that despite your best analysis the market can go against your predictions, these will prove the professionals disclaimer in case their strategies don't work at a perticular time. It's best to trade the amount that you can afford to loose, because of of uncertainties of crypto trading.
998  Other / Politics & Society / Re: What is the benefit of taking hard drugs on: February 19, 2024, 09:21:23 AM
It depends on what we use them for or what we use them to achieve because some of those drugs that are called hard drugs are also prescribed by the doctors for certain treatment. The point is some people now abuse it by taking them without prescription but self medicating by themselves. Some drug shops keep them in a secluded places on request of those who come for them because they know those who come to buy them. Therefore, those drugs that are called hard drugs if prescribed and used by the way doctors ask them to be used, they are used to treat also .

I hear that pharmaceutical companies use hard drugs like cocaine and the rest of them to manufacture their medicines, if it's true, that means that the hard drugs are useful to cure illnesses, ofcourse the pharmaceutical companies have to dilute it to make it safe for human consumption. So where it's a crime will be if people consumes hard drugs into their body without a doctor's prescription then they're obviously causing harm to themselves, that is why I believe that hard drugs are illegal everywhere in the world, except perhaps in the hands of certified pharmaceutical companies. Except for prescription purposes by a doctor to help their patients recover, I don't think that there's any health benefits of taking hard drugs, because the life of drug addicts is nothing to be proud of.

999  Other / Beginners & Help / Re: How to Create my own 12 Seed ? on: February 19, 2024, 07:54:33 AM

 Now to your overall guide I don’t say it is bad but it will be better you generate your seed phrase from any of the reputable wallets you want to use rather than personally generating it with a tool, a mistake might occur from your end in picking this paths. If better you can use custom seeds generated by the likes of electrum to make it unique.


I also think that it's ok for you to generate your own seed phrase, atleast it'll give you the privilege of choosing your own personal words, other than that I don't think that there's any other relevance to it, I think that it'll be better for you to use the seed that the wallet randomly picked. I've never heard of any seed phrase that wallets generated to be compromised from the wallets sides, so for extra layers of security you can use custom seeds generated by reputable wallets like electrum. We're just expressing personal opinions here, it's up to the OP to decide what he wants, if he wants to create his own seed phrase, then there's nothing stopping him.
1000  Alternate cryptocurrencies / Altcoin Discussion / Re: Quick profit is the only reason why we invest in Altcoins on: February 19, 2024, 06:36:17 AM
I think that investors that buys altcoins for quick profits are the ones that buys new projects, because buying them is gambling, they can give the investors many times their ROI, or the project can be dead on arrival or won't survive to reach long term. I wouldn't categorize top altcoins like Ethereum, BNB and Solana, as altcoins that we invest in for short term profit purposes, because they're altcoins that have stood the test of time in the crypto market, and they have proven to have the potentials of hodling for a long term. This is why I advice investors that wants to buy new projects to invest the amount that they can afford to loose, because they're very risky.
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