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NIGERIA GOVERNMENT HAVE SEEN THE FORCE COMING FROM CRYPTO THEY HAVE NO CHOICE THAN FOR THEM TO COPERATE. The Senate Committee on Capital Markets on Monday called for the regulation of cryptocurrency to ensure some level of accountability and protection of investor’s funds. The Chairman of the Committee, Sen. Osita Izunaso, said this when he briefed newsmen in Abuja after the committee screened Dr. Emomotimi Agama, the newly appointed Director-General of the Securities and Exchange Commission, and three executive commissioners behind closed door. “The issue of cryptocurrency must be regulated because Nigerians are trading in crypto. “Since Nigerians are trading in crypto, why are we not regulating it? Where is the money going if we don’t regulate activities in the crypto market? “You can’t stop them from trading in the crypto market. So because we can’t stop them, you have to regulate it,” he said. He also said that investing in the stock exchange and capital market would help to boost Nigeria’s economy. Izunaso added that “President Bola Tinubu has told Nigerians that he is looking for a N1 trillion economy. That can only be done through the stock exchange, through the capital market. Source https://punchng.com/senate-seeks-cryptocurrency-regulation/ |
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I was making some research about pushups online and through the research I discovered that pushups is among the 10 best exercise in the world and was ranking number 5. Pushups helps a lot of muscles in our body and I will drop a picture so we can know the muscles I'm talking about. 👇  This are the muscles targeted by pushups. And a research has shown that the more pushups you do the more you reduce the risk of heart disease. Below is the table.👇  So please let's keep pushing is very important to our health. My report 100k,smilevictorobinna,38,3800,2024-05-29 |
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I don't really like to play into arguments that rich people are more privledged, since anyone could come into a situation in which they have lump sums available and they are willing to dedicate some or all of that lump sum to bitcoin investing. For example they could 1) win the lottery, 2) inherit money, 3) have had been investing for 10 years and building their investment portfolio little by little (so they are not exactly rich, but they have been engaging in good savings/investing practices), 4) received a bonus at work for some kind of job they carried out (expected or not expected these kinds of things sometimes can happen to even less wealthy people), 5) they recalculated their various funds (emergency, reserves and float) and unexpectedly, they come to the conclusion that they have an extra $2k that they are able to invest 6) they received a gift from friend/relative/acquaintance and/or 7) a variety of other possible reason they could come accross extra money, whether that is some extra from their DCA amount or maybe it is a more modest amount Exactly anyone can actually use lump-sum strategy depending on the individual condition though , and sir JJG have already given some wonderful example already , like winning a lottery, recieving a bonus at work for some kind of job they carried out etc. You can only say that the rich has more advantages when it comes to lump-sum purchasing, like most time due to having alot of cashflow, the money most rich are using may be higher than an average Man. Example let's say I want to start investing right now in bitcoin and I have a monthly income of 1000$(it's assumption figures) and I decide that I want to invest about 300$ from that amount into a weekly DCA investment which should be about 75$ weekly invested in bitcoin and then I also had some cash from my savings that I also wanted to use to invest in bitcoin maybe to give myself some kind of head start and the money was about 3000$ and I decide to use 1500$ to invest right away, that is what a lump sum buying would mean. Lump-sum payment is complete opposite of DCA, you aware that DCA is the purchasing set amounts of Bitcoin at regular intervals, whether the price is high or low. While lump-summing is the act of going all in at once, just like the example I gave about the $3000 and all that. Most people that are financially stable may use lump-summing to start their investment to have some good head start in their accumulation without it affecting their regular life style or tampering with their investment. But if an individual who's not financially stable start his accumulation using lump-summing without any proper planning he or she may endup using the funds that are being meant for their emergency (which known emergency funds) in order to execute a nice lump-sum purchase. So such individual won't be able to sustain his self without any emergency funds which may lead to he or she tampering with their investment , and won't be able to execute his long-term plans, selling their investment in an premature state. It is always advisable to invest according to your financial capability, by starting investment with some nice DCA strategies, so that you can set a proper plan for their investment. |
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[edited out]
Exactly... its pointless waiting to observe market for what?? Better chance they say which might even be a forever loop  Bitcoin waits for nobody... observing can also be used but that should be for those already in the game and nor even new to it , it could be taking as a factor to buying more Dips which is not bad but on the other hand, I don't know what a beginner who haven't invested a dime observe DCA and DCA and more DCA should be the main focus of a beginner . Although, we can say a beginner wants to learn a proper way to DCA (more appropriate)  There is nothing wrong with engaging in techniques to improve DCA, which truly if someone is new to bitcoin, they might start with a certain weekly amount for their DCA, yet in the meantime, after several weeks, they could be figuring out various aspects of their budget and maybe how to employ their DCA better. On a personal level, for the first year that I was in bitcoin, I tended to give myself a weekly DCA budget (or allowance), so during the week, I would try to maximize the buying on dips within the week, however, if I had not used all of the weekly allowance by a certain time of the week, I would just buy with the rest of it at that deadline time in each week, since my new weekly allowance would become available at the beginning of the next week... but yeah sometimes going through the process, with the passage of time, I was able to figure out some ways of employing my DCA that worked better for my own circumstances... but also recalculating my situation, that surely went even beyond the first year, since the strategies became different with the passage of time (as you suggested might become the case for anyone going through their BTC accumulation journey) and the fact that I had been accumulating BTC through the previous time and the details of that prior stacking in regards to how much, what was the average costs and considering whether my stacking goals were changing and/or close to being met, helped to inform any changes in my practices. DCA recognizes that we can't know what the price will be at any given time. If you lump sum buy on any given day, you don't know if the price will be higher or lower in a week. So maybe buy today and miss out on a better price a week later. With DCA you don't have to worry about trying to guess the best time to buy. And with Bitcoin, since we have something that basically supercharges Bitcoin investing - the 4 year market cycle - by telling us what periods of every four years we should be buying, we can then use that to our advantage and greatly increase the returns of DCA. So we can DCA only during the lower part of each 4 year cycle, like buying starting once Bitcoin has crashed a lot, and then continuing to buy until it goes above the old ATH, and then wait for the next crash, saving money in the meantime to be able to DCA with extra funds on the next bear market. And with DCA, instead of guessing when to buy during a bear market , and many people would likely lump sum well before the bottom, or assume a lower price is going to come which never does and then they have to lump sum well after the bottom, DCA allows buying consistently all through the bottom. DCA removes the risk of being wrong about when to lump sum buy, and of course it also means people don't have to save up a bunch of money first before buying. Lump sum buying is ONLY better if you happen to have a bunch of money at an ideal time (bear market) and you guess well enough where the bottom is to get near it. Getting lucky is not an investment strategy. DCA is the superior investment strategy that decreases risk, can be used strategically with Bitcoin to increase profits over a generic DCA, and is more likely to beat out lump sum buying for many people because of that less risk and timing the market with luck (guessing) not being an important part of DCA. |
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~~~ Normally, buying bitcoin in the bear market is the best time to accumulate bitcoin because we will accumulate more bitcoin with a lesser amount of money, and the bear market will facilitate us to achieve the quantity of bitcoin we want to hold because bitcoin is always cheap at that time. For instance, just like JayJuanGee accumulated most of his bitcoin holdings in the bear market, when bitcoin was very cheap, it helped him achieve the quantity of bitcoin he wanted to hold quickly. JayJuanGee can decide not to accumulate bitcoin again because he has already accumulated enough bitcoin, which is very much okay for him. But that doesn't mean that accumulating bitcoin when the price is at its peak or bitcoin halving has happened is bad. It only means you will be accumulating bitcoin when it is expensive, and you will need good capital to help you accumulate a good quantity of bitcoin on time because the demand for bitcoin is high, scarce, and expensive to accumulate. The example shown by JayJuanGee can be used by anyone who wants to get Bitcoin when the price is cheap and indirectly he also teaches Bitcoin investors to take advantage of this moment to collect as much Bitcoin as possible. This method is very easy to do, buying at a cheap price and selling it again when the price is high is the goal of investors to get the profit they want. Accumulating Bitcoin when the market is entering a bearish phase will make you calmer and able to hold Bitcoin in the long term without having to worry about the price going down further. The great potential that Bitcoin always presents will allow you to collect Bitcoin at a cheap price in greater quantities. Collecting Bitcoin when the price is at its peak will make you have to wait longer to get a profit, usually when the price has reached the peak it will experience a sidway which makes your assets experience a decrease in value. I prefer the method used by JayJuanGee because it will give you peace of mind when investing and has the potential to get bigger profits. Another advantage of buying Bitcoin when the price is cheap is that you don't have to wait long, usually the market will experience a Bullish phase after a downturn in a Bearish period. You are saying a similar thing as Mayor of ogba, which is not what I say, and I surely don't know about what to do when the BTC price goes up... I am not recommending anyone wait, even if the BTC price is going up.. since we can never really know when the BTC price is going to stop going up and we cannot presume a correction, a dip or a bear market... I am also saying that the longer any of us is in bitcoin and we are continuing to buy bitcoin, there likely are going to be periods in which the BTC price is going down rather than up, but we never know how low the BTC price is going to go or how long the seemingly relatively lower prices are going to continue to stay low. So yeah, if we are accumulating bitcoin over a whole cycle or even over a couple of cycles, we are going to likely begin to appreciate better that there are periods that the BTC price seems low, but also the longer that we are in, we would have had already spent a considerable amount of time already buying bitcoin and probably some of the bitcoin that we bought is going to be at higher prices and some of the bitcoin that we bought is going to be at lower prices. .. so there is going to be a mixture of prices in which we had bought our bitcoin and we can calculate our average price per bitcoin too and we can calculate the extent to which we might be in profits or not.. so those kinds of calculations regarding our bitcoin stash size, its value and where we want to get are more likely to inform us in regards to what we are going to want to do... so it might become obvious in our own context, but not obvious in the abstract, and in the abstract my overall suggestion is just to keep buying no matter what the price for at least a whole cyle, and depending on your own level of buying, you may well need to just keep buying for a couple of cycles before you might start to feel comfortable to modify your approach in a way that attempts to calculate dips rather than just ongoingly buying BTC at any price within the context of your discretionary budget.. and not waiting for dips that may or may not end up happening.. I don't know why some people are still waiting for the bitcoin price to drop down more before they buy their bitcoin, when they can use the benefit of the DCA method to accumulate as many bitcoins as they want at different prices. Waiting for the Bitcoin price might be a very wrong decision because the price of Bitcoin might just decide to keep moving up to start the main bull run. If it happens that way, the people who are waiting for the price drop have missed out on investing at a very low price. If you are willing to invest in Bitcoin for a long-term investment, you can withdraw your Bitcoin at any time and still get your profit after some years. |
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I don't know if anyone has talked about this before in this forum if anyone has done it before please pardon me I'm ignorant. A lot of newbies who joined this forum will be asking what they can benefit from this wonderful forum. Well I don't know everything about this forum because am still a Jr. Member who joined this forum on the 23 of December 2021, however the little I know I will say it. There are a lot of benefits that are here in this forum and they are as follow. 1. Knowledge about Bitcoin and investment. 2. Participate in bounty campaign. 3. Participate in signature campaign. 4. Selling your service. 5. Win a contest. 6. Business ideas 1. Knowledge about Bitcoin and investment.Now that you have join this forum it will help you to know everything about Bitcoin and how to invest and how you can also make profit from Bitcoin investment. Through this forum you will know a lot of things about cryptocurrency. 2. Bounty campaign.You can earn some income by participating in bounty campaign. But for this you have to be very patient. Because after any bounty campaign you need to wait for a long time before payment some payment too may come quick, the payment is too late and low. Some campaigns will not pay you. But for a low rank profile, bounty can be a good way to earn income. Visit the following thread to know more.👇 https://bitcointalk.org/index.php?board=238.03. Signature campaign.You can earn income weekly by participating in the signature campaign. However, most signature campaigns do not accept low rank profile like me 😂 That's why you need to rank up your profile. If you want to rank up the profile, you have to earn merit. Visit the following thread to know more.👇 https://bitcointalk.org/index.php?topic=2818350.04. Selling your service.This is one way You can also earn income by selling your various services. Visit the following thread to know more.👇 https://bitcointalk.org/index.php?board=5.05. Win a contest.Bitcointalk has different types of contest campaigns in the forum which can be very beneficial, you can earn by winning those contest. But you must be qualified for this. Click on the link below to know more 👇 https://bitcointalk.org/index.php?topic=5266769.06. Business ideas.From this forum you can get a lot of business ideas, there are a lot of discussions in the Bitcointalk forum and business discussions are not excluded. If there's something I didn't add or I didn't explain well or if I'm wrong in any way, please I'm open for correction. |
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Ok I'm also doing this challenge until BTC reaches $100K. Normally I do 30 push-ups daily as I do dumbbell presses too. But from today I've increased my push-up to 50. I'll increase it gradually but for now i"ll stick with 50 per day.
100k,CoinMin3r,1,50,2024-05-26
Starting pushups 50 a day is okay because it is not compulsory to do 100 push-ups a day especially since you are just starting. You can do the 50 push-ups in a day so that you will not get injured trying to force yourself to do more than 50 push-ups in a day. The purpose of this challenge is to gain more fitness, and no trophy will be given to the person who does the highest push-up when this challenge ends. Just do what your body will handle easily; there is no need to be in a hurry to surpass your maximum daily push-ups. With time, you will see yourself achieving another maximum daily push-up a day. I also want you to know that even if you do 10 push-ups a day, your push-up details will be entered in the push-up table because that is the required push-up number for your details to be in the push-up table so don't give up keep pushing. |
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The Rural Electrification Agency has signed two Memoranda of Understanding to generate 500 megawatts of renewable energy to electrify rural communities across the nation. The 500MW would be delivered through various min-grids to be constructed in unserved and underserved communities. On Thursday, the REA Managing Director/Chief Executive Officer, Abba Aliyu, signed a 250MW agreement with EM-One, a renewable energy company, at the Eko Hotels, Lagos. Earlier on Wednesday, the agency had signed a 250MW agreement with Husk Power, saying these agreements represent a significant step forward in realising its vision of providing electricity for 23 per cent of the 85 million Nigerians with no access to electricity. “The MoU with EM-One signifies a combined commitment to deliver an additional 250MW of interconnected mini-grids across Nigeria. “These interconnected mini-grids will target peri-urban and rural communities, with a particular focus on sites with large-scale anchor loads like factories or commercial centres. These anchors will not only power their operations but also serve as hubs, illuminating surrounding underserved communities,” the REA boss said. According to him, mini-grids are a core component of the REA’s Distributed Access through Renewable Energy Scale-Up project, aiming to enhance energy access, stimulate local economies, and promote balanced development across Nigeria. Source https://punchng.com/fg-to-generate-500mw-of-electricity-in-rural-communities/ |
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The risk level is relatively high in short-term investments because they are always interested in buying BTC at a dips price but they forget that it may dips further. They may even fall behind the sales target at some point. Sometimes technical results may not work because market conditions are a reflection of buyer and seller interactions. Normal inflation and environmental factors may affect the market which is normal. However, DCA method of buying BTC should be considered for easy continuation of investment. Through this strategy, the objective of buying at regular intervals is a mixture of different prices in the market, which is to reduce the level of buying when the price is high and to increase the level of buying when the price is low. As a result, more BTC can be accumulated for the same price.
Personally, bulk buying of Bitcoin isn't my thing, I have never tried it and I wouldn't say I hope not to, I would like to if the opportunity presents itself but, am not sure am going to plan for that by having to save up some money while waiting out for rye market to dip. No, that's not want I would want to do or advise of anyone. At the end, technical analysis isn't exactly bad though. It gives insight not on an individual perspective but on the whole of some possibilities that could be expected with certain moves on the charts. Sometimes, it plays out and at other times, it doesn't. Hence, you don't base an investment on that. This is why DCA offers an uneven advantage as, it doesn't give any of these means to analysis a priority but centers on the final or expected goal, with patience to serve as the straw on the paths to your goal. If you are not doing DCA and trying to buy only on Big Dips, then you need to continuously remain in touch with Bitcoin price and try to figure out yourself dips and big dips. The only thing we don't know is that the price we buying is the bottom or just the start of dip. These are things you have to keep in mind if you are not doing DCA. If you are not in DCA and have huge cash then buying at one price is also a good option provided you are willing to HODL for a longer duration. Lump sum investment becomes more profitable if you correctly caught the big dips. But again there are trade-offs, in Nov 2018 price of Bitcoin was around 5000$ while in Nov 2021 price of Bitcoin was around 65000$. If you have your Lump sum investment at 5000$ and you are willing to HODL for 4 to 5 years then results will be very much positive. |
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Getting a standard knowledge of bitcoin isn't something a newbie can cover in a week or two this could take months or even longer before he we would understand more about himself like cashflow management, risk tolerance and his investment timeline, all this are decisions that could take some time to figure out, waiting is a very wrong idea especially when you already know how to buy bitcoin and where to store it, this are the basic knowledge that I consider important for a newbie the rest can be figured out in the process of buying bitcoin, yes some newbies can tend to be very aggressive with regards to the price of bitcoin which I don't really support cause aggressiveness without knowledge of yourself can cause you to sell very early than expected, so a better advice like what Jay had said earlier on would be for them to get started even if it's a very little buying purchase of 10$ weekly and consistently while the figure out themselves properly.
From your perception is good to hurry up and invest in bitcoin, is that what you will advise beginners to do, in norms you don't need to venture what you don't know about without proper research, someone get into lose base on over excitement and curiosity to invest in order to make a profit, as investor you need to be inquisitive to something you have not comprehend well..let me ask you, during the bearish season and bullrun when is best time for someone to accumulate bitcoin?. I can't be that conscious to invest due to bitcoin price is increasing rapidly, you most at least scrutinised the market and understand the next movement of Bitcoin through the chat or move of candles sticks, probably, we need to know that is not all about investing but understand the system first, many of you is curious to invest when the price of bitcoin increasing and you feel is the best time to accumulate your bitcoin. You don't really need to know everything before you invest in Bitcoin, you only need the basic knowledge and good investment goals, it is not stamped that newbies must invest have all Bitcoin knowledge before investing. And I must say investing in shorterm and longterm is based on the investor understanding about Bitcoin, op you should know that Bitcoin is not get rich quick investment that's why the good investment plan for Bitcoin is long-term, during this long term an investor would have been conversant with the system, many events will take place and after that he will not see fluntuation of Bitcoin price as a threat to his portfolio, then he will wait for the profitable moment to come. The right time to invest in Bitcoin is when you are financially and mentally ready irrespective of the price at that moment, you plan by having extra hustle and emergency funds for yourself so that once you invest you won't be tempted to withdraw prematurely, you follow-up your Bitcoin investment using a good non custodian wallet to hold your Bitcoin, know your passphrase and keys and save it personally so that you won't lose your Bitcoin temporally or permanently. |
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Focus on Quality, Not Quantity
In the process of doing this pushups I think we should always focus more on the quality of the push ups not just doing it in other to get to a particular number without doing it properly.
When we focus more on doing it properly it will bring out positive results in no time, so as we all aspire to hit 100 pushups every day let's always remember to do quality pushups in other to get the desired body.
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[edited out]
What about those people that has full understanding about there finance and also has a discretionary income. the knowledge of Bitcoin is different from that of finance, you can be a beginner (newbie) but have all knowledge about financial management. So if such person's are going into Bitcoin investment all they need to know is how to invest and how Bitcoin works. I agree with you and I believe having knowledge of self custody is very important and yet knowledge of self-custody is not a prerequisite in terms of getting into bitcoin you are very correct. A lot of people has good knowledge of financial strength and management and also good knowledge in Bitcoin and all they need is a good strategy on how to start and I believe too much in strategy will make beginners confused in carrying out their investment except they are very much articulate. I think that frequently my main points have been that the more that you know the more aggressive you can be in your bitcoin accumulation, yet in the end, each person has to figure out the finer details for themselves in terms of how aggressive that they might want to be and how to employ the various BTC accumulation strategies (of DCA, lump sum and/or buying on dip), and they also should be figuring out their investment timeline, and other various personal factors, but the mere fact that they still have things that they are figuring out should not stop them from getting started, but they might still have to tailor the level of their aggressiveness in accordance with how solid they feel in regards to each of their 9 factors and/or any other considerations that they might feel that they need to take into account. Ok I think I gree with you since you said one can still get started when try to figure out one's personal factor. Is very important to figure out one's personal factor and that is the first thing anyone trying to go into Bitcoin investment should know but one can still get started while having all the knowledge. And I believe there are a lot of things a beginner should know about investing on Bitcoin but one should know the basic things in other to invest, after investing you can still go on in acquiring all knowledge about Bitcoin. The major thing is for you to know The basics first so you can invest no need of waiting for years in trying to know everything about Bitcoin and when you have started you will now no more about Bitcoin as time goes on. |
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Waiting is not an investment strategy... whether your starting goal (ideas) is 1 bitcoin or some other amount...
Hmm, I get the point now.
Even without any knowledge, one can still start investing in Bitcoin and in the process of investing one can learn. Exactly now you get the point.... it will be very stupid to wait and learn when the price of What you're learning keeps appreciating day by day. Once you're determined then the investment should started ASAP without any further delay and the best strategy beginners could use without even knowing anything about bitcoin is the DCA strategy , its simple and straightforward ... Besides, learning to me is a continuous process which might even take forever so waiting to learn before investing when you think you know it all ( that person must be a clown) is so dumb, although as a beginner you need to know some basics like choosing a wallet and keeping it keys safe( that can be learnt in just a day), he/she will be holding there's no need for getting too much In learning about the technicals as a beginner although understanding how transaction works while you invest could be a great idea so you won't get your self stucked up with alot of inputs on the long run, focusing on your DCA strategy will be the greatest advice for beginners too even when they already learn other strategies, a time will come when there will be a need for other strategies which is definitely not at the beginning of ones investment . Sometimes too much in strategy will make beginners confused in carrying out their investments. I believe beginners need a basic foundation to carry out their strategic planning better and achieve the targets they want. The big difference may be in terms of knowledge about Bitcoin, which means beginners may need an approach to see the big cycles that Bitcoin has gone through. Yes, basically beginners can start with the DCA Strategy if they are not able to think about the distribution of funds for several other strategy practices. Even though investment success is triggered by individual self-confidence, in Bitcoin investment you must be able to know more about Bitcoin and why you are interested in buying and holding it. Sometimes people out there are still quite unfamiliar with Bitcoin and they don't understand enough and this is where an approach is needed for those who are really beginners in investing in Bitcoin. In essence, we are in the modern era and Bitcoin has the advantage of being a very promising investment for old age. Apart from that, the price of Bitcoin is very fluctuating and use it cold money that is ready to lose. I mean you don't have to worry if the price drops very deeply because you really don't need the money you invest in Bitcoin for other purposes in your life. Even though many large companies continue to buy Bitcoin, I think there are still many people who don't understand Bitcoin. Maybe because they miss out on information because they live in remote areas or have difficulty accessing the internet. Yes, for those of us who have bought on dips, keep the Bitcoin we have for the long term. The most basic things that beginners (newbies) need to know is about their own personal finances and not about bitcoin. So the main thing that they need to know is whether or not they have a discretionary income and a kind of ballpark idea of what it might be, and surely they might have really shitty financial circumstances, which would mean that they need to invest less rather than more while they are sorting out their particulars. There may be some need to figure out information regarding from where to source the first bitcoin purchases, yet in the very beginning there may well be absolutely no need to figure out how to achieve self-custody, even though self-custody may well be some kind of goal to get to that point in a fairly soon period of time after starting to invest into bitcoin (yeah, without self-custody it is price exposure and not ownership of actual bitcoin, yet knowledge of self-custody is not a prerequisite in terms of getting into bitcoin). What about those people that has full understanding about there finance and also has a discretionary income. the knowledge of Bitcoin is different from that of finance, you can be a beginner (newbie) but have all knowledge about financial management. So if such person's are going into Bitcoin investment all they need to know is how to invest and how Bitcoin works. I agree with you and I believe having knowledge of self custody is very important and yet knowledge of self-custody is not a prerequisite in terms of getting into bitcoin you are very correct. A lot of people has good knowledge of financial strength and management and also good knowledge in Bitcoin and all they need is a good strategy on how to start and I believe too much in strategy will make beginners confused in carrying out their investment except they are very much articulate. |
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Waiting is not an investment strategy... whether your starting goal (ideas) is 1 bitcoin or some other amount...
Hmm, I get the point now.
Even without any knowledge, one can still start investing in Bitcoin and in the process of investing one can learn. Exactly now you get the point.... it will be very stupid to wait and learn when the price of What you're learning keeps appreciating day by day. Once you're determined then the investment should started ASAP without any further delay and the best strategy beginners could use without even knowing anything about bitcoin is the DCA strategy , its simple and straightforward ... Besides, learning to me is a continuous process which might even take forever so waiting to learn before investing when you think you know it all ( that person must be a clown) is so dumb, although as a beginner you need to know some basics like choosing a wallet and keeping it keys safe( that can be learnt in just a day), he/she will be holding there's no need for getting too much In learning about the technicals as a beginner although understanding how transaction works while you invest could be a great idea so you won't get your self stucked up with alot of inputs on the long run, focusing on your DCA strategy will be the greatest advice for beginners too even when they already learn other strategies, a time will come when there will be a need for other strategies which is definitely not at the beginning of ones investment . Sometimes too much in strategy will make beginners confused in carrying out their investments. I believe beginners need a basic foundation to carry out their strategic planning better and achieve the targets they want. The big difference may be in terms of knowledge about Bitcoin, which means beginners may need an approach to see the big cycles that Bitcoin has gone through. Yes, basically beginners can start with the DCA Strategy if they are not able to think about the distribution of funds for several other strategy practices. Even though investment success is triggered by individual self-confidence, in Bitcoin investment you must be able to know more about Bitcoin and why you are interested in buying and holding it. Sometimes people out there are still quite unfamiliar with Bitcoin and they don't understand enough and this is where an approach is needed for those who are really beginners in investing in Bitcoin. In essence, we are in the modern era and Bitcoin has the advantage of being a very promising investment for old age. Apart from that, the price of Bitcoin is very fluctuating and use it cold money that is ready to lose. I mean you don't have to worry if the price drops very deeply because you really don't need the money you invest in Bitcoin for other purposes in your life. Even though many large companies continue to buy Bitcoin, I think there are still many people who don't understand Bitcoin. Maybe because they miss out on information because they live in remote areas or have difficulty accessing the internet. Yes, for those of us who have bought on dips, keep the Bitcoin we have for the long term. |
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Things I do ever since I started this pushup challenge are.
1. Wake up
2. Pray
3. Bush
4. Do 50 pushups
5. Clean my house
6. Go to work
7. Close from work and come back home
8. Do another 50 pushups
9. Rest for 1 hour
10. Eat
11. Chat and sleep.
I always go to the gym every weekend and I do my pushups there and also do other exercise,
I was also instructed by the gym instructor on the foods to eat in other to help my body. So I will educate everyone how to eat through this challenge we are all into.
Start with wholesome dinners such as wholemeal pasta or brown rice, roasted veggies and some grilled fish or lean chicken. In the morning have a big breakfast two hours before you start such as a mushroom and spinach omelette with wholegrain toast and avocado. Drink plenty of fluids too. Thirty minutes before you start your push-ups, enjoy a power snack such as a protein bar or nut butter on toast. After the challenge, load up on hydration with plain water or coconut water to ensure you are replenishing all the water and minerals you may have lost during the push-ups. Also enjoy your favourite meal as you’ve earned it! Try to stick to a balanced meal of half a plate of veggies, a quarter of protein and a quarter of low GI carbs.
And this are the foods you should try to avoid for now am not saying they are not good put in other to get the real benefits of doing this pushups you must stay away from them, they are.
Foods high in fat such as donuts, fries, chips or red meat can be difficult to digest and cause nausea during workouts.
Beans, dried fruit, dairy and cabbage can also cause lots of gassiness making you feel bloated and heavy during the workout, so best avoid them too.
My report
100k,smilevictorobinna,32,3200,2024-05-23
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If you Invest 80k on bitcoin how much will you use for feeding and running family expenses? Or how much will you set aside for emergency and reserved? Surely if you over invest in Bitcoin, the 50k available amount will not be enough for emergency and reserved. Definitely it will affect your bitcoin HODLing. Person wey dey receive ₦130k, na very wrong decision to dey invest ₦80k for Bitcoin. That one dun pass investing as na suffer you dey put yourself if you no get another source of income and na only that ₦130k wey you survive on monthly. E no possible to survive on ₦50k a month as a working class person wey go dey commot almost daily (paying transport or buying fuel) for this country and you go dey live comfortably especially when you dey city and no be village. The only time wey you fit dey invest like that na when you get other side hustle wey go dey bring in small money wey you go dey use for sustainability. Your investing percentage no supposed pass 20% of your income if your salary no too big and when e big e no supposed pass 30%. If you dey invest pass your capacity na you dey set yourself up for failure so make we no dey overdo pass ourselves. Na true talk you talk, person way over do they cause suffer for en self and en no go fit hodl for long because when en face emergency en go withdraw en Bitcoin investment so as to solve that issue. And e make sense as you talk am say is better to invest 20 percent of your income or 30 percent, this format way you talk like this na watin I dey use oo and it has helped me to hodl for long, person no go go investment pass en financial strength oo. En no just good to invest aggressively if not e go Hook you down the road. However You can invest aggressively when you have the funds to do that, the most important thing is that you don't over do it, if not it will affect you, and you will end up selling some part of your bitcoin to conver up some emergencies that will arise.
Aggressive investing should be done in your youthful years and no be when you get heads to feed, that time wetin you suppose dey do na strategic investing wey be say you know the amount of risk that you can take but as a youth you fit take more risk so you fit secure a better future for yourself and your unborn children. Irrespective of Bitcoin investment being proven, you no suppose dey invest inside anyhow because the market dey volatile and e dey craze sometimes and that time fit be when you need funds for your regular business. Anyhow you dey invest reach make you dey hold emergency money one side because to see where to get money this days no easy as country hard. Yes I agree with you na for person youthful age person go talk about investing aggressively no be when person don get people way they look up to am for financial assistance or when person done marry then born. When person done marry e no good to invest aggressively so as not to suffer. |
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Aggressive Investment is not only putting all your funds in bitcoin without having reserved and emergency funds, sometimes investing %80 of your funds in bitcoin without considering the level of your discretionary and emergency funds can as well be seen as aggressive or over doing.
For example if you receive 130k a month and you invest 20k each every week, making a total of 80k per month left with 50k, that is a bad aggressive Investment and surely the person is over doing it. because your bitcoin Investment should be done in a manner that you will not over do it. It will definitely affect you or Put you in a tight corner.
If you Invest 80k on bitcoin how much will you use for feeding and running family expenses? Or how much will you set aside for emergency and reserved? Surely if you over invest in Bitcoin, the 50k available amount will not be enough for emergency and reserved. Definitely it will affect your bitcoin HODLing.
Though it depends on you and how you can be able to manage your family. If its you alone you can cope but if it's a large family I doubt if you can manage. The point of the matter is that don't invest aggressively if not you will sell your bitcoin down the road.
However You can invest aggressively when you have the funds to do that, the most important thing is that you don't over do it, if not it will affect you, and you will end up selling some part of your bitcoin to conver up some emergencies that will arise.
It all depends on the investor and his monthly earnings. if the Investor is single and doesn't spend Extravagantly I think 50k should be enough for an Emergency reserved. Since Bitcoin is not a get-rich Quick Scheme and the Market is volatile, I wouldn't Encourage any Investor to buy Dips with 80% of his monthly earnings if he doesn't have good plans to manage himself for a long period of time. I don't think 50k will do to save for your emergency funds and for your feeding and other expenses due to how things are now very expensive in the country, remember you need to save for your house rent too unless you are still living in a family house, having 50k as a lift over will always make you touch your Bitcoin investment. |
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For example if you receive $1300 a month and you invest $200 each every week, making a total of $800 per month left with $500, that is a bad aggressive Investment and surely the person is over doing it.
Your example contradicts the definition. Depending on where you live, someone can easily live on $500 a month left over after investing in Bitcoin. This scenario might not be truly aggressive if basic needs are covered. You are correct and that is why I had to do some editing in other to bring the example using Nigeria currency. You can go through it now and put out your reply if truly is an aggressive Investment or not. The first example I used before editing is dollar and it will be an aggressive Investment if you live in United States of America and not aggressive if you live in Nigeria because dollar when converted is a big money in Nigeria. |
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Aggressive Investment is not only putting all your funds in bitcoin without having reserved and emergency funds, sometimes investing %80 of your funds in bitcoin without considering the level of your discretionary and emergency funds can as well be seen as aggressive or over doing.
For example if you receive 130k a month and you invest 20k each every week, making a total of 80k per month left with 50k, that is a bad aggressive Investment and surely the person is over doing it. because your bitcoin Investment should be done in a manner that you will not over do it. It will definitely affect you or Put you in a tight corner.
If you Invest 80k on bitcoin how much will you use for feeding and running family expenses? Or how much will you set aside for emergency and reserved? Surely if you over invest in Bitcoin, the 50k available amount will not be enough for emergency and reserved. Definitely it will affect your bitcoin HODLing.
Though it depends on you and how you can be able to manage your family. If its you alone you can cope but if it's a large family I doubt if you can manage. The point of the matter is that don't invest aggressively if not you will sell your bitcoin down the road.
However You can invest aggressively when you have the funds to do that, the most important thing is that you don't over do it, if not it will affect you, and you will end up selling some part of your bitcoin to conver up some emergencies that will arise.
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A lot of us here has be consistent doing this pushups for months now and I will love to say a very big thank you to OgNasty for bringing this up and also to DirtyKeyboard for always giving us a list of our progress and then JayJuanGee you have been a big support for this pushups through your brilliant contributions. I know a lot of people will be thinking about giving up on this challenge but I will like to remind you about the benefits of pushups in other to keep you going. 7 benefits of push-upsFrom better posture to stronger bones, there are many research-backed benefits of doing push-ups. Here are seven reasons to consider adding this foundational exercise to your routine. 1. Push-ups work multiple muscle groups It's easy to think that push-ups are only good for your chest and arms. But this compound exercise engages multiple muscle groups at once. When done correctly, push-ups work your: Chest (pectorals) Shoulders (deltoids) Arms (triceps and biceps) Back (latissimus dorsi and erector spinae) Stomach (abdominals) Hips (gluteals) 2. Push-ups increase upper-body strength Push-ups are a great way to strengthen and tone upper-body muscles, including your chest, triceps, and shoulders. You rely on these muscles for many activities, from picking things up to pushing a shopping cart. More upper-body strength can improve your functional fitness, making it easier to do daily activities. And it may even boost your athletic performance. 3. Push-ups are good for your core Your core should stay engaged during a push-up to keep your trunk stable and help you maintain proper form. That means push-ups, which include a plank, can double as a core-strengthening exercise. According to a small study, advanced push-ups performed on unstable surfaces like an exercise ball are particularly effective for stabilizing the core. 4. Push-ups can improve your posture That core stability may be good for your posture, as well. By strengthening your back, shoulders, and abs, push-ups can help you improve your posture. That's good news because poor posture can lead to back pain, headaches, and impaired breathing. It may also be linked to low energy and muscle fatigue, which can hurt your exercise performance. 5. Push-ups support bone healthBone mineral density is a key indicator of bone strength and health. The lower your bone density, the higher your risk of fractures and conditions like osteoporosis. Fortunately, weight-bearing and resistance exercises like push-ups can help you build strong bones. 6. Push-ups boost heart health Heart disease is the leading cause of death for adults in the U.S. But regular exercise, including aerobics and strength training, reduces your risk. So, perfecting the push-up could be good for your heart, too. One study points to a link between push-up capacity and heart health. Men who could do 40 push-ups had a significantly lower risk of heart problems over the next 10 years than those who could only do 10 push-ups or fewer. That's not surprising since strength training promotes heart health. 7. Push-ups are versatile and convenient Many people associate strength training with weightlifting. But there's more than one way to build muscle. Push-ups are a form of calisthenics, a strength-training method that uses your body weight for resistance. That makes them a convenient, equipment-free exercise that you can do anywhere. You can adjust the versatile move to make it more or less challenging based on your fitness level. Sourcehttps://www.goodrx.com/well-being/movement-exercise/benefits-of-push-ups |
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