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Chelsea's excellent play in the final, combined with their flawless preparation to exploit their opponent's weaknesses, made PSG look like a poor team. In reality, the match was entirely a result of Chelsea's excellent preparation. PSG tried to play well, but Chelsea wouldn't let them. Every move PSG made, Chelsea responded even better.
That's football. No matter how strong the favorite, you risk losing against a well-prepared team.
The earlier two goals scored by the Chelsea guys was the Real deal breaker and assisted the success of the team. It actually broke the PSG's rhythm and weaken the opponent who came with much confidence and enthusiasm. They failed to understand, in football nothing is impossible and nothing is guaranteed. They also forgot its not by who's better on the record books but who delivers on the same day at the pitch. While we can say PSG worked hard but I can say Chelsea did outplayed them. |
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You're saying that the league is most likely structured in favor of Barcelona or any other team other than Real Madrid. No, I think they should start complaining less and playing more. Lately they've been doing nothing but crying about things that are against them, but in reality, only they see these injustices. Since Ancelotti left the bench, the team has been in a state of collapse.
Ancelotti has really invested a lot to the club before he left to the Brazil national team. But since the arrival of Xabi Alonso, he isn't able to coordinate the team properly to be able to make the best out of the opportunities which comes with the team players. Nothing has been designed in favor of any team, not even the Barcelona or so. But the real Madrid guys need to further reposition themselves once the league begins proper. |
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Whale ID: 19639918
Segwit Bitcoin address: bc1q0gqf24knyquwec2aynm5z43h3hpcug2q3pkycu
Reapplying |
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Whale ID: 19639918
Segwit Bitcoin address: bc1q0gqf24knyquwec2aynm5z43h3hpcug2q3pkycu
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You should use cold money or money that is not used for other needs, making a clear investment plan is also very necessary and sticking to the plan so that investment goals are in line with your wishes. During this period, you should not monitor the market all the time because this habit can tempt you to sell or buy irregularly or based on emotions.
The footsteps of successful investors need to be followed in order to achieve investment goals, they usually always place the focus on the long term and never worry about short term price fluctuations. Accumulating assets periodically can be done using money from other sources to achieve larger investment goals in the future.
Accumulating for a very long time is really not an easy thing to do and it is not something everyone else can do unless you're extra patient and strong willed because it really takes out of you especially when you are jobless and have little resources coming to your table, makes.it even more difficult for such persons.to invest. Second, those who are doing the blue collar jobs such as the laborers and other menial jobs, will always find it very difficult to invest longtime even if they had the zeal and when they do, it will take almost forever for them to be able to make a benefit from the investment. It is also sad to mention it's not every time these guys have the job to bring food to their table. Third, the low grade civil servants , who barely earn any serious salary at the end of the month will also suffer from this situation. |
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Although this one no be devaluation of our Naira, but making everything get dollar connection for our country just make our Naira look useless. E show say even our presido no dey promote our Naira after them preach de-dollarisation of Nija finish. Most of them wey dey power self dey spend everything for dollar and not Naira, na why I been see for news say UK mistook one former governor for a mad man when him dey spray pounds for UK.
Nigerian leaders will always make a mockery of themselves. These our leaders no dey properly coordinated. Them no too smart like the way we dey think or I fit talk say them no get their people interest for mind. How you go take dey preach to your people say make them no use Dollar do their transactions yet na the same dollar you dey use run your transactions. Every other countries including these small small African countries don they fight the dollarization and other foreign country money policies on them passionately, we wey no even get the issue of foreign currency domination for our country come dey use the money impress us. All these things wey dey sup na as a result of bad economy wey them they set for the country themselves. |
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Rank: Member to Full Member
Merit left to rank up: 10
Big thanks oga!
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The Red flags
... Some will even send you fake transaction receipts and fake testimonials from telegram users that never existed to in a sense lure u into believing in their tricks but it's all lies every time.
You see dis wan so, na im make me chook mouth for dis ogbenge matta bc e get anoda format wey get d same red flag like am but people dey always overlook am. Dem don take am scam so many people. The pattern na dis – Wen u dey wan run business wit somebodi and dem com tell u sey dem nor go fit cheat u bc dem bi pastor. My dear, run. Na dem. They just want make u loose guard so dem go fit enta u wella. If u nor wan run, make u calm down observe dem. A genuine pastor nor go use im mouth tell u sey im be pastor except na u first ask am. Na wayo wayo na. Na scope wey sharp guys they use scam innocent souls. For their mind, them smart, but come to think of it, there's no reward for scamming someone of their hard earned money and likewise their's no gain saying about it. A scammer is a thief, swindling people's money for their own personal benefits and that's wrong in all rights. Though I will continue to mention and acknowledge the reality which recognizes scam and its damage, I will never condone any act of scams or be sympathetic about it. It's a wrongdoing and we should always have those who speak highly of this and who work towards profering solutions to tackle it. I want to implore all of us to share our individual experiences on this scams and how we overcame them. So that others can learn from our experiences! |
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While some individuals might still fall for it, after paying a specific amount of funds to the scammers, the scammers might find a way to convince them to just leave it that it will grow. You might even see your money increase and then the scammer will approach you and tell you to keep investing. Because of the money you have seen, the individual will send more money again. But when it reaches the time to withdraw, it becomes a problem. That's when most realize that it's a scam, but it's too late.
My advise is that it's good to always stay informed about everything, and when approached with such an offer and you know nothing about it find someone with knowledge about all these internet scams to confirm it, so you wont fall victim to it.
Oh yes... This happens a lot. What I found out with these scams is they take advantage of your emotions and look at the extent to which they can draw you in to get more of your funds. They also pay close attention to your level of patience and desperacy. I like the way you also advised people to stay informed about things even if it's not possible to know everything. The ability to be able to ask questions about such scenarios from people who are experienced in the game so they can guide u..there's no gain saying you will keepsuch decisions to your self when you might end up being swindled of your money. A person with common sense will be able to identify such a campaign as soon as he sees it. For this, he does not need to be very educated, rather he needs to have practical knowledge or common sense. There is a big difference between a person with common sense and an educated person. There are many educated people who are falling into the trap of this scam.
If you are a realistic person, then it will not take you long to understand that this is a seductive campaign and what they are saying is not possible in reality. Because no one in the world will benefit you by harming themselves. Even this institution has no basis for it. After seeing such a campaign, you should have only one question in your mind that if it is possible to earn such a huge amount of money in 24 hours, then why are there so many poor people in our country? Why don't they use this service and become rich by doubling their money?
Don't you hear of the adage which says common sense is not common? If the entire world is lived by people who possess the quality of a common sense like you mentioned, we won't all have been in a mess with ourselves. We won't have gotten the scammers and imposters who will dedicate the whole of their lives and time to taking wealths which doesn't belong to them through deceptive manners. We would have gotten a society where people have the common sense to say, what doesn't belong to me, is not mine. The whole idea of scam often is, those grifters and fraudsters leverage on the ignorance of their victims sometimes desperacy to make quick money, to swindle innocent people off their hard earned money. It happens on several occasions particularly to people who live below the poverty line. The best solution na to STAY AWAY FROM ANY ADVERT or message talking about this kind of scams, JUST DON’T ENGAGE. There’s no investment that can promise you 100% investment returns in a month talk more of a week or 2. And this days they can use AI and make a video of a celebrity advertising for them. So we have to be Very Careful especially those of us that love to follow what a celebrity does or advertises.
This is a big brother's advice to anyone who will listen. Do not engage in any form of advert which promises you a 100% percent investment returns in a month, or less. Do not fall into such mouthwatering offers which will end up making mockery of your intellect and which will cost you your fortune. Try and make research, I mean a proper and solid research first before taking any action. Don't fall for those headlines like 'hurry up', 'limited slots left' etc without taking enough of your time to learn about the advert. It is important you mentioned the issue of AI generated contents particularly of celebrities for adverts. Fraudsters engage in such acts so they will deceive you to believe it's the character himself, thereby hiding under the influence of such celebrity to quickly scam their victims. But what we can also do is to:
1. Educate ourselves about these scams
2. Do more of digital literacy advocacy online in our local dialects
3. Report scam accounts once you recognize one because we need more voices to protect the powerful reputation behind crypto in our lives.
This is good. Maybe some people will be saved from it with these. Although, I have noticed that if some people are not scammed, they will not listen until they are scammed. I advised one of my nieces about a particular scam, but when he went to school, she was still scammed. But right now, she has learned her lesson. Second, good to education but another thing is that some people also will not be lucky but be scammed because the education did not get to them. I wonder why many of our people choose to taste the feeling themselves to know whether the bitterness you're telling them is truly the case. They don't listen to advises until they fall into trap themselves. They prefer to taste what it feels themselves instead of taking heed from advises coming from you. I'm just thinking about it and I'm like, someone as experienced as Charles will give an advise to another individual (your niece in this case) and they will still not listen to you until they fall into the tricks of the scammers. I'm still wondering... |
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You've probably come across this kind of message "Send us your BTC and we'll double it" trick either on your Facebook, WhatsApp or Telegram. The painful part be say our Nigerian people still they fall for these kind scams every single day. And e dey make we wonder why abi wetin go drive you to go invest or send money inside one audio platform wey go promise to double your money within hours. Reason someone telling you to just send ₦100k worth of BTC and they will turn it to ₦200k for you within few hours or like some will claim they want to bless you.
Their Format
Some even hide under government backed empowerment Promos or programs to make this offer, while others hide under fake celebrity accounts to make it look like giveaway offers and even use words like sow your crypto seed today and reap double under 24 hours, etc. The aim is to prey on your frustration and financial desperation to scam you.
The Red flags
But here are also some red flags you should notice in this kind off message offer:
Make you know say these kind of offers dey always come attached with some urgency such as 'Only 5 slots left, grab now '. Some will even send you fake transaction receipts and fake testimonials from telegram users that never existed to in a sense lure u into believing in their tricks but it's all lies every time.
The real truth
The truth be say, there's no real crypto investment company or a legit trader, protocol or app which will tell you to double your funds magically, none of the real guys or companies can guarantee you that. Once you see person wey dey promise guaranteed instant profits with just a deposit, run away because it's a pure scam alert.
The reason why people still dey fall for these tricks be say plenty of our people have little knowledge on how these crypto works while many of them are in poverty and looking for ways they can escape from poverty.
But if you ask me also, I will tell you the reason why it's lucrative for the perpetrators is because there's no solid regulations around online promotions in Nigeria and because of that many become victims while the perpetrators go unpunished.
But what we can also do is to:
1. Educate ourselves about these scams
2. Do more of digital literacy advocacy online in our local dialects
3. Report scam accounts once you recognize one because we need more voices to protect the powerful reputation behind crypto in our lives.
Our solution
I will like to engage us in two exercises on this thread:
1. Share your personal experiences around a similar incident or case of crypto doubling scam you encountered
2. Once you see any advert of a crypto related scams like this, take a screenshot of it and drop it here for our more experienced members here to kind of debate or authenticate, before we end up falling for it.
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The news of our dear former president Buhari broke me down, he was my role model in Nigeria politics. Hate him or like him, Buhari gave his youthful life and old age to the service of this country. He lived a simple life and was determined for change but the Nigerian political system are too corrupt to change. Amidst those challenges he never stolen a dime. Have read several people celebrating his death and calling him all sort of names, but no one has ever called him a thief. And that's enough for me. He's the second long service leader in Nigeria. In 1975-76 he was Governor of the Northern East region. In 1976 first Governor of Borno state In 1977 Chairman of NNPC In 1980-81 General Commanding officer in charge of 4th infantry division. In 1983-85 Head of state In 1994-98 -Chairman petroleum trust funds. In 2015-2019 Elected president FRN. What else do you rate this man? He underperformed but you can't undermine his services to this great nation. Rest on Mr integrity. https://www.facebook.com/100044332811138/posts/pfbid02UEzUBdiVrsieiwpSiH19gnk9RSW2urFjRSb4nq9kvk5Wen28sY3iy3SBdG8USHDYl/?app=fbl Make I add to wetin you don talk already about Mr Integrity's profile wey u give, Late President Muhammadu Buhari was many things to many people including Nigerians at home and abroad, some been see Baba as a revered soldier in the military, a military ruler who rose to the ranks of a Major General and Head of State between (1983-85) like you rightly mentioned, a public servant who served in the position of Chairman PTF and was praised by a 1998 report by the New African, a monthly news magazine based in London for his transparency as the head calling it a very rare success story in the history of the organization, to a democratically elected president of Nigeria between 2015 and 2019 as a converted Democrat like he rightly called himself up until his 2023 speech where he publicly seek for the appeal of Nigerians whom he governed to forgive him of his trespasses during his reign as the president of the country among other several appeals he has made seeking for forgiveness from the people (I think it is the first of its kind to see such a prominent figure play such sense of humility and seek for forgiveness from the citizens of his misdemeanor), Baba still remains one of the most controversial, revered political figures in the history of Nigerian politics. He's still termed as a symbol of integrity and order and remained the only popular Sai Baba nickname the people drummed. However,like myself and you, one thing most of his critics and other Nigerians didn't consider was that Baba Buhari was also just an average family man who lived with the memory of one of his loved children and his first daughter Zulaihat who tragically died of sickle cell complications at age 40, two days after giving birth in a private clinic in Kaduna, his son Musa Buhari who reportedly died at a young age of Sickle cell anaemia and his ex-life partner who died at the age of 54 after fighting Diabetes. This could simply suggest that President Buhari was a sickle cell carrier medically referred to as having the AS genotype as well his wife who was possibly of the same genotype (AS), I'm sure they got married at a time when checking genotype compatibility was not a common knowledge. Late President Muhammadu Buhari been marry two wives in his lifetime on different occasions and had 10 children altogether from both wives. His first wife was Safinatu whom he married in 1971, when she was 18 years old and divorced in 1988 before marrying Aisha Halilu Buhari in 1989 at 18 years old, too. There's this unverified information that Aisha Buhari and Buhari's first daughter were schoolmates and had one or two links to how both couples met each other, but one thing that is certain is Aisha Buhari is just a year older than Zulaihat, Buhari's first daughter. Like the first wife Safinatu, Aisha Buhari also bored 5 children for the late president making the number of his children a total of 10, five each from both wives. Make I briefly drop the profiles of the 10 children of the late president below: 1. Zulaihat Buhari (born December 5, 1972 – died November 29, 2012, age 40), she was the eldest daughter of the late president and his first wife Safinatu. She attended the Airforce Military School in Lagos, then Queens College and Federal Government College Kaduna for her secondary school. She bagged a B.Sc in Economics and a PGD in Management from ABU Zaria. 2. Fatima Buhari (born March 7, 1975, age 50) is the second daughter of Baba Buhari and Safinatu. She attended the Airforce Primary School in V.I (Victoria Island), Lagos, Federal Government College Kaduna for her secondary education then later studied Accounting at ABU Zaria, a postgraduate in account and finance from Stratford College of Business and Management UK, a master’s degree in business administration from Anglia Ruskin University, UK and another Masters from the University of Northampton, UK. 3. Nana Hadiza Buhari (born June 23, 1981, age 44) is the third daughter of late president Muhammadu Buhari. She attended Essence International School, Cobham Hall, Kent, then University of Buckingham, UK, earned a Postgraduate in National Teachers Institute, Kaduna and another Masters in International Affairs and Strategic Studies, Polytechnic Kaduna. 4. Safinatu Buhari (Jr.) (born October 13, 1983, Age 42) is the fourth daughter of the late president. She also attended Essence International School, Cobham Hall, Kent, University of Plymouth, United Kingdom and Arden University, United Kingdom. 5. Musa Buhari not much is said about Musa Buhari but it was confirmed in a Daily Trust article that Muhammadu Buhari lost two of his children Zulaihat and Musa both to sickle cell anaemia from his late first wife, Safinatu Buhari who was a Nigerian teacher and First Lady of Nigeria from 1983 to 1985. Aisha Buhari was the second wife of the late president Muhammadu Buhari until his death. Although an unverified article by Farooq Kperogi claimed that Aisha Buhari was divorced by the late president before his death. But let's live that for another day. Aisha Buhari, different from the quiet life lived by Safinatu, was a prominent Nigerian Beauty Therapist. She gave birth to 5 children whose profiles are: 6. Halima Buhari (born October 8, 1990, age 34) she's the sixth child of the late president and his first daughter with his second wife, Aisha Halillu Buhari. She attended the International School of Kaduna, British School of Lome, Bellerby’s College in Brighton, United Kingdom. Halima graduated with a law degree from the University of Leicester, then earned her B.L. (Bar License) after attending Nigerian Law School, Lagos. She was officially called to Bar on July 14, 2016. 7. Yusuf Buhari (born April 23, 1992, age 33) He is the only.surviving son of the late president. He attended the Kaduna International School, then British School of Lome, then Bellerby’s College of Brighton in United Kingdom and University of Surrey, United Kingdom. 8. Zahra Buhari (born December 18, 1994, age 30) She is the second daughter of the late president and Aisha Buhari and the eighth child of the late president. She attended the Kaduna International School and the British School of Lomé, later continuing at Bellerby’s College in Brighton. She graduated with a degree in Medical Microbiology from the University of Surrey, UK. 9. Aisha Hanan Buhari (born August 30, 1998, age 26)She is the nineth child of the late president who attended the Kaduna International School and graduated.with first class degree in Photography from the Ravensbourne University, UK. 10. Amina (Noor) Buhari (born September 14, 2004, age 20) she’s the tenth and last known child of the late president who also attended the Kaduna International School. Sources: - https://saharareporters.com/2025/07/16/aisha-buhari-was-divorced-late-president-buhari-his-death-farooq-kperogi- https://www.premiumtimesng.com/entertainment/naija-fashion/219174-president-buharis-children-schooled.html?tztc=1- https://dailytrust.com/i-lost-two-children-to-sickle-cell-anaemia-buhari/?utm_source=chatgpt.com- https://www.pulse.ng/articles/lifestyle/muhammadu-buhari-family-2025071416123325865 |
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First off is their anything like late entry in Bitcoin investment, I think the answer is no, yea people might have made the mistake of not investing in Bitcoin when they are supposed to buy that doesn't stop them from investing anytime what matters now is their ability not to keep waiting and wondering about, even though Bitcoin price touches down to $200k as you said those that couldn't by then may still want to buy because they now understand better that what they are actually looking at is not the immediate price rather it is the future that matters, at any point in time, anyone can actually invest, if those that couldn't invest at a low price keep giving themselves excuses, them just know that they weren't actually ready to invest but as for someone that has learnt his or her lesson I think there's nothing anyone will tell him to deter him from investing in Bitcoin even when the price is high.
When bitcoin touches $200k, $2 million and/or even $20 million and higher, anyone who happens to be a no coiner or a low coiner at that time, has no choice, except to buy bitcoin in order to prepare for up and to save their value in something that holds or appreciates in value... otherwise they are not prepared for up... so yeah, it is too bad if they had not actually prepared earlier.. but that is likely the way that we are going to continue to go in regards to bitcoin.. with the low coiners and no coiners continuing to have to buy at higher and higher prices in order to change their status into being an actual coiner, which it likely where many folks are going to need/want to be, at some point, sooner or later, especially if they want to build and/or preserve wealth rather than having to always be working to get money and their savings not sufficiently holding value. This leads to me asking this question, do you ever thing bitcoin can rise so high that it will hit $20m in the future, whats the guarantee and how can one be so confident that bitcoin will not loose before it rise so high? i also have this believe as a matter of time, bitcoin will soon get a competitor that can be able to compete with it which can give people an alternative to go for the coin instead. just like the bitcoin became an alternative to the fiat. the fiat was what we knew for ages before the coming of bitcoin, I am scared a time will come bitcoin will lose its value once it has a very strong competitor. i know what I'm saying is not what will happen now or in the nearest future (maybe after the people of our era cease to exist, I don't know) but there will come a time when bitcoin will no longer be relevant or so highly valued, are experts already looking at that future and what are the alternatives? Unfortunately, you can't predict the future. 2050? I think it could be much closer. Maybe we'll get one million bitcoins by 2030.
What he said is a general principle, and it's important to remember that the reason Bitcoin's price will continue to rise isn't due to developments or changes in the times. Rather, it's specifically due to supply and demand. Bitcoin's price increases because of high market demand, so don't associate it with something broad without understanding it.
Have you bought it? You should have done so during previous downturns.
Price fluctuations will always occur at any time, even if you wonder whether it is too late to buy Bitcoin. I dare say no, there is no such thing as too late, even if the price has reached a record high. In fact, this should motivate you to continue increasing your Bitcoin holdings, remain consistent, and stick to the principle of buying regardless of the situation and price. Because you are not a trader who buys when prices are low and sells when prices rise, as is happening now. Your primary focus is the long term, so as long as your discretionary income is available, there is no reason to stop buying. There is no such thing as being late in buying Bitcoin, no matter what the price is, maintaining consistency and seeing every moment as an opportunity, this is the identity of a responsible investor. You should never think about selling but always about accumulating, no matter whether the price goes up or down a lot, you should follow your DCA and keep buying consistently. A real investor never watches the market situation, rather he keeps investing consistently in a disciplined manner. So the main thing is to hold on, if you have the ability then you should hold on as long as possible, if you have the ability or the convenience you should never keep yourself away from holding Bitcoin, because it will not give you anything significant in the short term or in cash, but it is definitely capable of creating a big financial foundation for you in the future. And it can bring you a level of success in the future that you may never expect, so there is a very extraordinary potential for success in the future, so it would never be wise to miss out on this potential, Bitcoin is the most successful investment compared to all other types of investments and it is certainly less risky in the long run, so if you can afford it, you should definitely holding Bitcoin. This is true... It is not over until it is over. Nothing is impossible and anything can happen at anytime so it is never too late to take decisions about investing in bitcoin because there's no better time than now. Bitcoin as a digital currency has provided us an opportunity, it is now left for you and me to take advantage of that opportunity or let it sleep off our sleeves. Procrastination is one factor which have placed people at a disadvantage, some which are even lifetime. So it doesn't matter whatever the worth of bitcoin, just buy and keep it and avoid settling for a low coiner or no-coiner, try as much to invest and take it a priority to do so. Many people have challenge in investing because they do not place a priority to investing. They see it as a thing of option but investing in your future is as important as your presence particularly in an unbalanced economy and volatile foreign exchange market. |
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My Countdown To Full Member
Number of Merit(s) left: 25 24 23 18
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[edited out]
As for the $500 example, it will interest you to know that majority of the people may not invest such amount in lump sum and for those who do (maybe by investing 50%), it will make them lazy to continue with their DCA plan or strategy afterwards. If it's monthly, a lot will declde to skip the few extra months ahead banking on the lump sum investment they did to cover it up, but that will be another way of reducing their commitment to consistently run their DCA approach. Ultimately I think what we should preach more than any should be more learning and understanding, patience and confidence. I understand that a guy who is accustomed to investing $10 per week for a year and who suddenly comes across $500 might not know what to do with it, yet it seems to me that the more he gets used to investing in bitcoin, he might consider bitcoin a natural place to put it, even if he might prefer to stagger the payments rather than investing it all right away. There can be advantages in regards to putting in any lump sum right away, even though if the price goes down then there could be regret that the lump sum was invested at too high of a price. So surely sometimes there can be some value to holding back some of the lump sum to either buy on dip or to add to the weekly DCA amount. Guys frequently have to practice to even get used to their own building of wealth that they might not have had previously, and sometimes they might not really know what to do until experiencing it, and surely many guys make the mistake of selling too many BTC too early because they are not used to accumulating wealth... so maybe after 4-6 years or longer investing into bitcoin, some of the process starts to get easier, even if the discretionary income might not have gone up a lot in that timeframe. Wow... You see, this is more like a new discovery for, how many people do really know that investing in bitcoin, consistently for the next 4-6 years or longer is not a rocket science. Many see investing in bitcoin for 2 - 3 years as mature enough and they want to take their investments to do something else with the claim that they had invested enough for so long. But from your submission, this is not actually enough as one should invest even more. I can't imagine building a particular profile for the next 6 years consistently without holding back or slowing down my investment, even if my funds won't be able to change my standard of.living yet, it will sure definitely change my mindset towards investment on life assets for life. It will seriously instill financial discipline to the investor. Imagine me investing 50$ per month for the next 6 years (by 2031). That's $50 x 12 x 6 = $3,600 which must have multiplied into several dollars by then, based on the worth or value of bitcoin at that time. For the purpose of this discussion, let me make a cue with the projected bitcoin estimates by 2031 as shown in these forecasts. According to this website, 1 bitcoin is estimated to be $1.063 million dollars by this time (July) in 2031. When you do the math, using a DCA approach, you will get approximately an estimated amount of $33,174 by then (only if bitcoin hits 1.063 million dollars, for example), which is a very decent price for me to start a very good business in my country. Quite amazing! My pension is not anywhere close to that if I was a civil servant working with the ministry. Again this is outside any other lump sum which may come along the journey. Let me.use this table to explain this estimate: | item | value | | first month | July 2025 | | last month | July 2031 | | Total no. of months | 73 | | Monthly investment | $50 | | total funds invested | $3650 |
Let me use the second table to show the estimated value in 2031 (by projection) | item | value | | current 1 BTC price | 117,000 | | total BTC accumulated | 0.0312 | | projected BTC price in 2031 | $1,063,000 | | estimated value in 2031 | $33,000 |
The thread said Buy buy buy or sell sell sell: Did you buy when the time was right? did you grap the opportunities bitcoin offered? now we are not longer teasing, bitcoin is on the run and it's time to see the need why JayJuanGee has always advised to buy and keep buying even when you think it's not time to buy, now you're able to see the other side of bitcoin and you wouldn't want to keep getting prepared before you invest but invest while getting prepared because preparations never ends, it keeps going.
Glad I did the buy buy buy and now it's time to see the reason why I chose bitcoin.
I also said that it takes a long time to build your bitcoin portfolio so if you have only been buying for a 2-3 years, you might need to keep buying for another 2-3 years or more before you might make any adjustments to stop buying, or maybe to buy on dips rather than buying all of the time. We transition through stages, and surely the more bitcoin we have, then our holdings will start to inform us if we might need to make adjustments to our bitcoin accumulation strategy. One mistake guys make in their first 4-6 years in bitcoin is selling too much too soon, and another mistake is stopping and/or slowing down in their bitcoin accumulation through ongoing, persistent, consistent, regular and perhaps even aggressive buying. There tends to be a need to continue to accumulate, since it is quite rare for guys to be able to reach over accumulation status in one cycle or less. Another advise I may like to add is before someone goes into an investment, he or she should invest with purpose, let there by a target before you go into any form of investment. For instance, one can decide to go into investment with the purpose of building a home or securing a better future for your kids or to invest the capital into a different stream of income. The moment such intention is made, the next phase will require you to set your portfolio for it, have the number of months in mind eg. 73 months, then set it's calendar and begin to tick each and every month passed. I think this will enable many people to stay consistent with their investments. Also give window for more investment, don't just be static on a $50 example, make it more flexible to increase the budget to like 100 or more but $50 should kinda be your threshold. It is possible that you will hit your target before the duration set and make extra funds for other things and in the event, bitcoin shoots below the projected target, you will be able to strike a balance. There should be more education on this especially from..experienced expertise like @JayJuanGee sir. |
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Living in a country where live is generally tough for an average citizen, I can understand how tough it is to invest in bitcoin and crypto generally. I doubt that it is possible to reasonably invest in crypto or shitcoins... That seems more like trading when guys get involved with shitcoins rather than investing, even if they might think that they are investing.. The standard of living has changed significantly for the average citizen making life more unaffordable and finances more difficult to keep. Being able to apportion funds into discretionary funds, emergency, family treats, vacation, buying gadgets or even spare money for miscellaneous is usually almost impossible. The best most of us can do is to sacrifice 60% to bitcoin investment (which is roughly $50) monthly, then the remaining 40% will be for upkeep for the rest of the month (which is around $30). Now imagine living with 30 dollars in a whole month for upkeep, where just buying fuel is averagely 90 cents per litres, fuel alone is more than enough to take the remaining funds for upkeep. This is when you're even earning above the minimum wage which is less than 55 dollars monthly. Now you begin to ask, how many people do really earn above the minimum wage in an unstable economic environment like this?
I will grant you that there are likely certain places where it is quite difficult to figure out ways to increase our income, since it seems likely that it is better to be able to increase income rather than decreasing expenses, since there might not be as many ways to decrease expenses if guys are already living frugally and various aspects of the cost of living continue to go up. Surely younger people have more potential options to change careers or to shoot for various ways to get training and to potentially advance in higher paying work as the get older, but yes, sometimes folks are already at an age where it might be difficult to change their income levels based on their work, so it surely can be challenging when guys are not able to increase their income as rapidly as their income is begin debased.. and, yes, you are correct that investing ONLY comes from discretionary income, and if your discretionary income is decreasing then you might not be able to invest in bitcoin.. even though bitcoin is one of the ways that guys can be helped to get saved from the ongoing and likely continuing debasement that is going on with all fiats.. .. and surely guys who barely are able to put any money into bitcoin might not be able to directly advantage from bitcoin being available.. but only available as an investment to people with discretionary income... Any guys who are using non-discretionary income to buy bitcoin are gambling (or trading) rather than investing. I liked it when you used the word frugally, this is exactly the way we're leaving right now especially when there's no certainty to the turn of events as much as the economic activities of the country is. I can tell you with confident that bitcoin is less volatile than the economy of my country right now and this is something others can confirm, in the context that bitcoin has more value than my currency by a hundred and thousands time and even when it goes dip, it doesn't hurt a big investor from Nigeria despite the standard of living. On the issue of the younger younger people, including teenagers and young adults, you're spot on to mention there's still time and chances for them to fail but fail forward and for them to equally open their minds to navigate swiftly around new challenges and technological advancements like the cryptocurrency world. This is usually the challenge most of us living developing African and Asian countries in the world are facing. It is not our fault that the economy of the country is hurting, forming among the reasons why many of us choose to diversify and invest in bitcoin which although can be volatile, but has more value than our local currencies. This is again the reason why the DCA approach is always the best advice you can preach to us, as much as yoy Want to benefit the majority of the population. DCAing is more realistic to an average person here than the lump sum investments because for many of us, we may never have the opportunity to venture into lump sum investments in our journey to grow our portfolio unless if you’re fortunate enough to be around the elites, driving the economy.
Sure, I agree with you that DCA is likely the best of choices for poor people who are with relatively low discretionary income, yet I will also proclaim that it is good for everyone to know about their three BTC accumulation methods that also include lump sum and buying on dips, and in regards, to lump sum, we can never be sure that we might sometimes get some extra cash that might not have had been expected. If a guy is ONLY investing around $10 per week into bitcoin, and then all of a sudden he comes across an extra $500, that would be equal to about a year of his DCA amount, so surely he is going to feel that he has options when he comes across that quantity of extra money all of a sudden and he is able to invest it into bitcoin and/or perhaps the other option would be to shore up his emergency funds and/or his reserve funds. I enjoy the singular reason which you agree with me about DCA still remaining the best of choice for the less privileged persons. My believe is, bitcoin is not a respecter of any financial class of individuals, it should be a financial platform where everyone including the poor and the rich, the abled and the disabled, the young and the old, etc. While you the poors can still invest in Lump sum, I'm more of the opinion, for many newbies and less privileged persons, they should pay more focus on the DCA while they explore the lump sum options when it avails itself. DCA has a leverage over the lump sum because it can help the newbies and less privileged manage their risks the more as they still build their portfolio over a period of time. My advice is when your portfolio get stronger then an individual can aim for more and even begin to plan for the lump sum. This advise should work for many interested individuals from this part of the world in my own opinion. A practical example of building your patience and confidence in investing in bitcoin. As for the $500 example, it will interest you to know that majority of the people may not invest such amount in lump sum and for those who do (maybe by investing 50%), it will make them lazy to continue with their DCA plan or strategy afterwards. If it's monthly, a lot will declde to skip the few extra months ahead banking on the lump sum investment they did to cover it up, but that will be another way of reducing their commitment to consistently run their DCA approach. Ultimately I think what we should preach more than any should be more learning and understanding, patience and confidence. |
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If an investor is strictly investing in bitcoin with his discretionary income, he is free to invest in bitcoin with all his discretionary income if he chooses to do that, and he will not have any problem in solving his living expenses because discretionary income is meant to be used and paid for non-important items like vacation. Any financial crisis that happens after you have paid for your monthly expenses should be treated as an emergency because you don't plan for it, and you can freely depend on your emergency fund to solve the financial crisis and keep investing in bitcoin consistently.
Anyone is free to do whatever they want with their cash but let's be honest, you can't be buying aggressively all the time it's not possible cause at some points you'll apportion your discretionary funds into other areas and slow down for a while, which makes lots of sense. I know it's the sacrifice investors who recently started are giving to build a better portfolio but then you can't sacrifice forever since you'll still need to go on vacations, entertain yourself and so forth one can only be aggressive for a few period of time, slow down then continue again after a while but saying that you can be aggressive althrough the year, for someone who recently started investing, I wonder the magic you want to perform, remember you're a human and having fun is part of our nature too. I quite disagree that it's not a problem if you use all your discretionary funds to be accumulating Bitcoin because life happens and problems can unexpectedly arise. Ofcourse it's your money and you have a right to spend it anyhow you like but using all your discretionary funds to buy Bitcoin is not a good financial plan. Inorder not to make financial mistakes from your total income you should first remove your basic or unavoidable expenses then the rest goes into your discretionary funds. You need to have a special budget for your discretionary fund, remove some money for emergency, Bitcoin accumulation, miscellaneous for your planned vacation, family treat or buying that gadget. The percentage that you decide to allocate should depend on their priority to you. The point is that your life shouldn't revolve around basic expenses and Bitcoin alone, although you can choose to allocate more percentage of your income into them, it's your money and your choice. Living in a country where live is generally tough for an average citizen, I can understand how tough it is to invest in bitcoin and crypto generally. The standard of living has changed significantly for the average citizen making life more unaffordable and finances more difficult to keep. Being able to apportion funds into discretionary funds, emergency, family treats, vacation, buying gadgets or even spare money for miscellaneous is usually almost impossible. The best most of us can do is to sacrifice 60% to bitcoin investment (which is roughly $50) monthly, then the remaining 40% will be for upkeep for the rest of the month (which is around $30). Now imagine living with 30 dollars in a whole month for upkeep, where just buying fuel is averagely 90 cents per litres, fuel alone is more than enough to take the remaining funds for upkeep. This is when you're even earning above the minimum wage which is less than 55 dollars monthly. Now you begin to ask, how many people do really earn above the minimum wage in an unstable economic environment like this? This is usually the challenge most of us living developing African and Asian countries in the world are facing. It is not our fault that the economy of the country is hurting, forming among the reasons why many of us choose to diversify and invest in bitcoin which although can be volatile, but has more value than our local currencies. This is again the reason why the DCA approach is always the best advice you can preach to us, as much as yoy Want to benefit the majority of the population. DCAing is more realistic to an average person here than the lump sum investments because for many of us, we may never have the opportunity to venture into lump sum investments in our journey to grow our portfolio unless if you’re fortunate enough to be around the elites, driving the economy. |
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Do you notice that so many people are into content creation these days? Everyone is always filming something and posting it in hopes of gaining views, likes and followers. Once they have enough audience, they can start earning from their page and this is what is their biggest motivator. There are people who have day jobs that don't pay enough so they try their luck in content creation.
Now, I am seeing many more kids just get into it right away instead of trying to find other traditional jobs. The older generation do not even consider this a real job. But do you think, as lucrative the industry is, will it survive? Will it continue to be a good source of income? If you are struggling financially, have you ever considered content creation? Does content creation offer anything to the economy?
Why not. It is the biggest industry in the world right now, with multi-billion dollars market. It is field many people of different backgrounds are venturing into. The most interesting part of content creation is it knows no bounds in terms of location or social status, what's most important is to have a smartphone and internet, then the idea to conceptualize and turn into a content and boom it's all you need to begin with and the sky will be your limit. The entire idea of content creation has been in existence for ages, it just happens this is the time it's gaining traction and being noticed by more people and a lot of young people are looking for alternatives to the traditional jobs. As to the future of Content Creation, all I can say is the future has just begun. |
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Yes.. Sure. I have largely been proclaiming that it is up to each one of us to determine how aggressive or whimpy that we want to be within our budget, and even within an attempt to follow a more straight-forward DCA'ing approach guys are able to figure out their level of aggressiveness within such DCAing approach.
So there could be situations to compare guys who largely have similar levels of discretionary income.. let's say $200 per week.
1) a guy might choose to invest fairly aggressively and consistently at $180 per week (90%) into BTC.
2) a second guy might choose to invest fairly whimpily and consistently at $20 per week (10%) into BTC.
3) a third guy might choose to vary his investment between whimpy and aggressive , so maybe minimally he is investing $20 per week no matter what, but some weeks he might invest up to $180 into bitcoin depending on other things going on in his life.
These allocation styles are somewhat personal choices, and they may relate to other kinds of things going on in their lives.. and perhaps even how much they prioritize bitcoin over the other things going on in their lives. Each of these guys are likely going to do better 10 years down the road as compared with the guy who did not accumulate any bitcoin.
Not waiting for the dip or not investing is the biggest risk. Small investments in a consistent manner can give us real results at some point. Fall is in everything, so the most important thing for the newbie is to start now and invest regularly without stopping it in this mindset. Excessive caution will often become an additional risk. Small investments at a time, keeping up with time, risk-taking mentality, and being patient for the right time can bring success. It is impossible to determine the right time for the market. If we dip in the form of DCA, we can get our assets as real assets in the future. It seems like you wanted to say that waiting for the dip and not investing is the biggest risk, and honestly speaking you are right, because by waiting you may miss a whole lot of buying opportunities which at the end, if care is not taken, you might not even buy it, so waiting for a dip before making a purchase is never a good idea. I feel like we are very lucky to be in the era when Bitcoin is still pretty cheap, because in years to come, the current value of Bitcoin might be a bargain. It will be dangerous advice to tell a newbie to just invest anytime or not have a clear understanding before jumping into a dip or to even tell them not to wait for a dip. When you're giving advices like this, you must also give a caveat which states that an individual must go into any form of investment with full knowledge and a personal strategic plan towards success. You don't just jump into an investment because you're waiting for it to dip, when it is till going to get dipper and you probably losing your funds. You also don't go into an investment because it's rising without analyzing the market. The ultimate goal here is to pay attention to your preferred assets in the market, analyse properly and patently, then don't hesitate to immediately jump into the investment once you're convinced with your personal strategy. About the thread you attached here. Procrastination was what killed the spirit of the potential investor in the screenshot by not taking taking the right decision and allowing the coin to elevate without investing a dime. It could also suggest the guy didn't have enough experience and knowledge of what the future of thecoin holds at the time. It happens to many people and you have the case of those who also said, how we wish, we would have invested more but those are incidents that happen among people who are not so sure of their investments and do not have the confidence to enter investments as a result I also want to talk about those who fall for what we call the false signals. Those who engage in FOMO. Those who invest because their friends are investing and do not want to miss out and many more including people who invest in buying every tiny green candle because theythink its another bull run and may be their last chance. These set of people invest too quickly once they see bitcoin rising even in the smallest bounce and are victims of failed investments especially related to those who fall for market manipulations by bigger investors. My advice instead is invest in the asset you know and have studied carefully. Adopt the DCA strategy of investing small amount of money consistently like on weekly or monthly basis. this will enable you to buy when the price of your assets are low as well as when the prices are high allowing you to leverage an average out of a good or fair price. This makes it easier and stress free for you as you don't have to deal with the anxiety of the market speculation over time. |
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Lol, good point. I totally agree that patience is important in trading, but patience is not the only important thing one needs in trading. Knowledge comes first, of course, after the capital, and then comes patience. You use your knowledge to make good trades, and then stay calm and collected when the market tests your patience because remember, as a trader, you must understand that the market is always going to test your patience, it's not like you make your trade, and you start getting profits immediately. That happens sometimes, but not always.
If someone is impatient, even if the odds are mostly in their favour and the market is going to reverse, they might close the trade at a loss out of fear when they see the market going in the opposite direction, and that's where patience comes in. If you stay patient and don't close it too quickly, it might start reversing, and your loss will slowly turn into profit. By the way, one shouldn't avoid using stop-loss in any case, whether they are patient or not, it's important.
So, at what point should an individual say "trading is not for me". Is he just being impatient? What if he is just being honest with himself which may turn out to be the best decision taken? I just want to see a post or article that addresses this and let's traders know when they have hit their limits. Patience is really good, but it can also be abused. Maybe, just maybe adequate knowledge should be able to address this and put the trader on track. I think one of the most important aspects in trading is for you to know yourself, your capabilities and your constraints. Being able to identify your true capabilities in trading will go a long way in determining when you should set limites to yourself. Though thy said, patience is a virtue in life and in trading but it can also become.a trap once you don't know how to set limites for yourself. I think its not a weakness if you understand that trading is not for u especially when you always break the rules u set for your self. I could also mean u are not just ready to be an active trader yet hence u should take a breath. It may not necessarily mean you're impatient but it could also be your nature which is something you probably needs to nurture or train yourself against. Trading is a highly risky and highly emotional activity which requires psychological discipline, learning and understanding. Trading also requires you to be patient with time. It is also good to know trading is not for everyone and a good trader knows when to enter a trade and when to quit as knowing exactly when to quit is a wisdom on its own. Having an adequate knowledge is a first step to identifying when you should stop or take a break. Good point, and same with your example most of those who lose their money are those who did not take the opportunity to stop when they have that chance to earn, but instead they did aim to win more and regret after, there are situation that patience might be use especially if you trust your knowledge and understanding.
Like what you said, proper knowledge and established your skills and understanding might allow you to prevent losing your investment.
It's a trap bro. Thinking there's 'just one more trade left' is what makes many traders to lose their capital and potential profits to trade. In this regard, it can be referred to as greed because many traders have mistaken greed for patience. Instead of securing the profits they already have, some traders keep aiming for bigger wins and end up holding losing trades for too long and hope to recover in 'just one more trade'. Gaining a proper knowledge and understanding in trading gives a trader the leverage to detect when you are making a decision based on emotions or based on the strategy to win. I started trading in 2020. I won't talk much about my mistakes because I've said them many times but since here is the focus about importance of patience in trading, I can tell a little funny fact. When I was taking sedatives, I had the best trading sessions. In my newbie days I was trading 10 times a day but on sedatives I was trading 2 times a day and I was choosing the best moments. 1-2 years later I already learnt a lot from my mistakes and today I am very patience without any sedatives. I buy and sell a few times a year, sometimes I might not even buy or sell, everything depends on my confidence and market's situation. I have never been so happier and profitable before.
Your experience is a great example that the best of traders are not really those who trade all the time but those who trade with discipline and based on their calculations. Over trading is one factor which can lead to poor decision making and over exposure to failures. I do advice plenty new traders to always take things easy because many have mistaken over trading for productivity which is not always the case. For an individual to be more productive, requires a trader to be more intentional about their trading decisions which should generally take more time. I've come to realize that trading aggressively or.brutally can never become the determinating factor to a successful trading career. ,The reason why majority traders lose money is because they buy in morning and want to price to go up in next few hours, if that didn't happen they sell their tokens in loss.
Having patience when trading doesn't mean you won't sell but keep on holding and waiting for the project to turn from being a loss to profits sometimes you won't get that happy ending that you're looking for. You aren't an investor that's supposed to hodl until the fate of the market changes. Trading is for short term and not long term hence while you still need to have patience with everything you do, know when to stop wasting your time waiting for something that won't change. Some projects has fallen because of some negatives news and haven't recovered since they started to decline in price. Be a smart trader and know when you're supposed to be holding or when you're meant to b smart about your decision and sell. In the end, trading not only requires patience but we also have to be smart in analyzing or researching the coins we want to trade and of course finding the right moment to take a position. Because if you only rely on patience, there are coins that after going down never go up again so relying on patience will be in vain in this case as you said. I have a friend that lost over 500$ at a go to a futures trade in the name that he wanted to take advantage of a falling coin. He took a position when the coin was in deep and gradually retracing. He said he was very confident nothing will stop the coin from rising to his targeted profit margin hence going into the trade without any calculated risk management. He did not apply Stop Loss to the futures trading with the trust that it won't fall deeply any longer. In the end, he was disappointed as he lost all his capital worth over 500 dollars to the trade in a situation where the capital was all he had at a time. He's used this incident as a lesson whenever we discuss trading with just patience or emotion vs trading with knowledge and understanding. Some act of patience can end up being an act of greed and failure if not backed by knowledge and understanding. In trading, not only patience is needed to make a profit, indeed patience is important in trading, but in trading also requires strong knowledge especially in terms of market analysis, good risk management, and our ability to make the right decisions. So to be a good trader, we must be able to combine all of that. Unless you invest in bitcoin for the long term, all we need is patience to make a profit.
The number one driver of good trading is knowledge and experience. In fact, this is what leads.to patience in trading and when to quit a trade. When it comes to long term investors like those who invest in a coin for a very long time because of the potentials it carry can actually rely more on being patient than traders. As for traders, patience actually means taking your time to learn the right trade to enter at the right time and exercising the discipline of quiting a trade when it's the best time to leave. However, the combination of.both patience and knowledge which includes market analysis, good risk management and the ability to make the right decisions like you mentioned is the basis of an individual's success when trading. |
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