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May 24, 2024, 04:53:25 AM *
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1  Economy / Speculation / Re: Road to 100k? on: Today at 02:26:46 AM
So yes, it is a road to $100k and hopefully, we can takes the biggest profit later which can gives a lot of money to us.

Hopefully with those kinds of ideas of "taking BIG profits," you do not end up selling too many BTC too soon.

If course, you have been registered on the forum for nearly 9 years, so you may well have had a sufficient amount of time to accumulate enough BTC that you are pretty much able to shave off some BTC profits at any time that you would like... and such a condition might not really be very common with folks who have not been in BTC more than a whole cycle (at least).  

He sounds more like someone that has a short term targets because if Bitcoin reaches $100k now, it is enough to sell off? Hell no! though it is dependent on how long he has been able to accumulate and at what price did he started accumulating? And talking about taking big profits even sound like someone who would end up selling all his Bitcoin with the belief that the price will dip and he rebuys again which is a very wrong approach to Bitcoin investment.

Some people have even stayed more than a decade in this forum but were not able to make accumulations as all they do is give on excuses or another, imagine someone who registered in this forum now and in 9 years time you come up with regrets that you made no accumulations, maybe such person wants to swim in poverty because 9 years from now is about 2 halvings and we are aware of how the price of Bitcoin have been moving in each halvings so it will be cowardice to tell people you didn't own a Bitcoin in your portfolio after 9 good years.
Basically, anyone who have made accumulations in the past 9 years must have made lots of profits and can decide to take off part of his Bitcoins or can still decide to hold till next cycle so far as he can endure till then.
2  Other / Beginners & Help / Re: New to the forum on: Today at 01:04:53 AM
Just like @Felicity_tide has given you some list of links for you to learn about the forum, just go through each of the forum rules at your convenience and whatever you don't understand you can still ask questions so that users here can enlighten you more in order for you not to break any rules and you can always bring your questions to this section of the forum because the reason it was created was to help users in the forum more especially beginner/newbies to know and get help about whatever they need to know about the forum. welcome to Bitcointalk forum the largest cryptocurrency, especially Bitcoin discussion community in the World.
3  Other / Beginners & Help / Re: Be careful, FoxIt PDF Reader flaw being exploited by Hackers targeting cryptos on: May 23, 2024, 09:59:50 PM
Very unfortunate this cyber insecurity is becoming a threat because people don't even know apps that have malicious contents and phishing sites anymore because almost every thing in the Internet now have been tampered by these cyber thieves I am even surprised that they can manipulate this Adobe PDF readers because I use it to read PDF files oftenly, now one needs to be very careful and at alert not to fall victim. This is why I normally set antiphising codes in most of the apps I use that supports it.
4  Local / Nigeria (Naija) / Re: Tradding Vs Saving, which is the safest way to build crypto holdings on: May 23, 2024, 09:13:46 PM
Two things dey involved here which are Bitcoin and altcoins. I don't see a point in trading Bitcoin. Wetin we suppose to dey do na to dey accumulate am then we hodl am because history dun show say na hodlers dey benefit pass for this industry. When trading you fit lose your Bitcoin irrespective of how careful wey you dey think say you dey. The lost fit come from not using a stop loss, wrongly timing the market or hack because when you dey trade obviously you dey exposed your Bitcoin to many risk on the exchange and if we're being honest, many traders dey use centralized exchanges for our trading (which isn't that bad) but they exchange no get any better security wey go for stop hackers from stealing your Bitcoin and the best they can do is a compensation while others exit scam without remorse.

Wetin you talk na true because no be say we dey discourage people to trade o but Bitcoin too get value for person to come dey go trade am with other altcoins naim be why Dem dey advice us for forum here say make we dey buy and hodl. Normally we know say cryptocurrency dey volatile well well and the volatility naim be wetin they cause fluctuations in their prices for market so any body wey fit bear loss for trading fit still trade but make him no too depend on trading because person wey dey trade and person wey dey gamble almost dey the same because you fit lose the profits wey you make within a twinkle of eye while trading. Normally, traders themselves no say risk follow to they keep their assets for centralized exchanges but if na me be them if I trade come make profits na just to carry am buy Bitcoin hold am for non custodial wallets instead of to leave am for centralized exchanges.
5  Economy / Gambling discussion / Do you believe in match fixing? on: May 23, 2024, 08:43:17 PM
I used to hear people say that most of the matches are being fixed by the football body such that they make sure that the matches play according to how they fixed them to play and the reason why the VAR was introduced was even to help in actualizing the match fixing. How true is this because what will be the benefit of fixing match without any benefits or do the football body do some secret gambling and makes sure it goes in their favour? Even some players are sometimes suspected to have been part of a match fixing just like in the match between Tottenham and Manchester city when Son Heung-min was one on one with Manchester City's goal keeper Ederson but he played the ball directly to the goal keeper and after the match, Pep Guardiola went to shake him and people were wondering if the match was fixed to favour Manchester city. So let's deliberate on this
6  Economy / Gambling discussion / Re: Casino Gambling vs Sport Betting, Lets Discuss on: May 23, 2024, 08:22:31 PM
I prefer sports betting because these are matches that are live and real and whatever be the outcome of the match that is what it is but in casino games I feel the games are being manipulated more especially when they are experiencing numerous winning because they are the ones that programmed them and it is mostly in their favour because no matter how you win in a casino game as soon as you keep on playing again after a win you might end up losing everything.
7  Economy / Gambling discussion / Re: UEFA Europa League 2023/24 Season on: May 23, 2024, 08:00:30 PM
I was always one of the guys here who dont fully back Bayern Leverkusen in this tournament, in the last time i start to back them a litle bit more because they were showing a unique habilty to scape from every dificult situation, but also yesterday in this thread i said, for me it was super high odds 4.33 for Atalanta to win, and you see Atalanta oblited LEverkusen with a Lookman out of this world yesterday.

If you're confident that Atalanta will win, then it would be great if you bet on Atalanta in that final match yesterday. But, if you're just predicting it without betting, then at least you'll probably still regret it as well because you missed out on a very good chance to make money on your bet in such an exciting match. Although, I am a person who fully supports Bayer Leverkusen to win and obviously,  I also still choose Bayer Leverkusen to win in my bets. But unfortunately, Bayer Leverkusen was completely destroyed in the final because Bayer Leverkusen lost 3-0 but even so, I also still chose another option and sure enough, even though I only chose the over 2.5 goals option, but I still got my bet.


I doubt if he was so confident that Atalanta will win because when you think about Bayern Leverkusen unbeaten run everyone was just feeling they will maintain it that way in the Europa league finals so when Atalanta scored two goals before halftime, people were astonished and were even thinking Leverkusen will equalize in the second half like people believed in the ability of Leverkusen but when the third goal was scored everywhere was quiet because the time was late already.

Your choice of placing a bet using that option of over 2.5 is good because had it been you used because you supported Bayern Leverkusen and bet on them to win you would have lost the bet so you choosed a nice option there.
8  Economy / Gambling discussion / Re: Is gambling bad to the society? on: May 23, 2024, 07:40:54 PM
So far as gambling is being regulated by the government and operators are paying taxes, just like any other normal businesses gambling can't be stopped or restricted because it is a form of business even though the possibility of winning is lesser but gambling is a game of choice as no one is being forced into gambling so anyone who cannot take responsibility of their gambling habits is either immature or lack the sense of belonging to know between how they can manage their gambling lifestyle and how not to get too addicted to gambling which leads to some emotional and psychological damages to human behaviour so before anyone enters into gambling they should be able to have self control and not allow the gambling to control them.
9  Bitcoin / Bitcoin Discussion / Re: Bitcoin is more than a currency or security, it's scarcity. on: May 22, 2024, 11:59:30 PM


Money needs to be scarce to preserve its value and Bitcoin is scarce therefore the future of money has to be Bitcoin and this is one of the best chances we have to accumulate it before it becomes more scarce.
Basically we all know that Bitcoin has a limited supply of 21 million Bitcoins and 19 millions have been mined already so as the remaining 2 million Bitcoins is coming closer to being mined that is how Bitcoin will become more scarce and the value will increase and that is what will make Bitcoin get to the moon when the demand will outsmart the supply so what you said is very true because any one who is aware of how scarcity works will know that now is the time to accumulate and keep in your custody before it gets to a point where it will become unaffordable when the price will skyrocket to a crazy ATH.
10  Other / Beginners & Help / Re: People are interesting talking more about their success stories. on: May 22, 2024, 11:39:23 PM
People talking only about their brighter side of their investments and leaving the ugly and unfortunate side of it is what I will say is maturity because you can't expect people to dwell on a failed investment instead since they were able to move on and conquered it is no longer necessary to deliberate about the previous times they tried and failed. Normally people make wrong decisions at the start of their investments and after some setbacks and losses they tried again in different ways and succeeded so that is the most important thing here.
11  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: May 22, 2024, 10:12:10 PM
Pep Guardiola has been awarded as the premier league manager of the season after he was nominated alongside Arsenal’s Mikel Arteta, Unai Emery, Andoni Iraola and Jurgen Klopp. Pep Guardiola is one manager I like so much because he is always full of energy and makes sure he wins a trophy for his club and his coaching skills is also admirable so he deserves the award after fighting a good fight and won at last. Congratulations to him on his well deserved award at least it isn't easy to win the premier league trophy 4 consecutive times so he really dida great job for Manchester City.

https://www.mancity.com/news/mens/pep-guardiola-premier-league-manager-of-the-season-63851906
In my opinion, the award of the best manager should be given to the manager who has the best progression with his team, or achieved more than expected. I think Unai Emery deserves it, he guided Aston Villa to finish at 4th position and secure the ticket to play in Champions League next season. With the squad he has at Aston Villa, Emery can be said as overachieve, while Guardiola with the league title is expected to achieve.     
Since Pep Guardiola has already achieved a lot in his coaching career they should have given it to either Mikel Arteta or Unai Emery because the two coaches made sure their teams remained in a comfortable position in the league table till the end though Unai Emery did a great job for Aston Villa by qualifying them for champions league next season since 1983 so is a very huge achievement for the club and their fans because they will be having a new experience in the European competition next season. Definitely Unai Emery would have been awarded the manager of the season but since it is done by voting and with how Pep Guardiola has made lots of impact for Manchester City, it wouldn't have been easy to vote any other person if not him.
12  Local / Nigeria (Naija) / Re: Bitcoin pizza day gaining more relvance. on: May 22, 2024, 09:54:30 PM
With the stance of our government on cryptocurrency and trading, do you think it is safe to attend these kind of public events?
Bitcoin and other cryptocurrencies are not illegal in Nigeria. What the government are after are P2P exchanges.
Yes since they have lifted the ban on cryptocurrencies I don't think we should be afraid of coming out to celebrate bitcoin pizza day but even though the government are more interested in p2p exchange transactions but I don't see it convenient enough to be too exposed to the public about cryptocurrency, everything can be done on a low or just on forum here without appearing physically since our government cannot be trusted because we know how funny they can behave so we ought to be very careful and vigilant.
13  Local / Nigeria (Naija) / Re: Social media account as KYC requirement? (2) on: May 22, 2024, 09:25:15 PM
So how about if you are not in any social media platform nkor? This country is really becoming ridiculous like where are we even heading to in this country because we might wake up one day and they will tell us to bring our school certificates if possible marriage certificates as well as part of KYC documents. All this things are the reasons i stopped listening to Nigerian news both on media and online because you will just be hearing annoying stories all the time, there is never a time one will just wake up to new opportunities in this country but from one nonsense talk to another. That means they want everyone to be answering their real names on social media so that they can easily get people's details and monitor what people do on social networks.

So how about people whose name on social media are totally different from their real name? So are banks going to accept such contracting names? Or are they going to force individuals to go swear affidavit in court for change of social media names? Lolz..

No need to swear affidavit just create a new account bearing the same personal details with your bank. After successful verification, you dump the account and move on with your life. Lol
This sounds funny though but Nigerians actually knows how to maneuver things so I believe this is exactly what they will do because no one will accept to give them your social media handle like who does that in this modern age that technology has taken over everything, no body will try such rough play.
14  Economy / Gambling discussion / Re: UEFA Europa League 2023/24 Season on: May 22, 2024, 08:54:51 PM
Atalanta are playing well and they are still very likely to find the 3rd goal before the game ends. Defensive concentration has been improved and this is what helps the most to maintain the lead. Leverkusen still have 20 minutes to make a comeback, but I can't necessarily believe they can do it if their opponent's defense is not bad in the final minutes.
Atalanta managed to score their 3rd goal as you said. And now I think Atalanta really can no longer be stopped and most likely with a score of 3-0 it is almost certain that Atalanta will be champions in this European League Final. This will also make Atalanta the first team to beat Leverkusen, who have never lost in all competitions this season. And it looks like Leverkusen will experience the same defeat as they experienced in their previous meeting 2 seasons ago when they faced Atalanta. I was a little disappointed because I had too high hopes for Leverkusen. But I admit that the game shown by Atalanta was indeed better in this match compared to Leverkusen, which is still having difficulty penetrating Atalanta's defense.

Congratulations to Ademola Lookman who managed to score a hat trick in this match. He scored the first goal in the 12th minute, then in the 26th minute and the last goal in the 75th minute. And now we can see Atalanta also almost scored again. This will really be a very valuable lesson for Xabi Alonso to make better preparations next season. Because next season Leverkusen will play in the UCL.
Such an incredible performance from the Atalanta side and Nigeria's Ademola Lookman was able to score the hat trick that melt the heart of the Leverkusen side after they almost ended the whole of the season in an unbeaten run but Atalanta was able to stop them and lift the Europa league trophy after 61 years, what a historic moment for the club because winning a team like Bayern Leverkusen that has remained unbeaten in all competitions since the season is not that easy so Atalanta did a great job tonight. Ademola Lookman will surely be given the man of the match award in this finals today because he utilized his scoring techniques very well and led his team to a victorious moment.
15  Economy / Gambling discussion / Re: UEFA Europa League 2023/24 Season on: May 22, 2024, 07:32:52 PM
Atalanta have scored first on the 12th minutes with an easy finish from Lookman. It is now a fierce match as Atalanta have broken the deadlock and they are still pressuring to score the second goal. Atalanta started the match well with a n early goal and this is a good opportunity for them.

Leverkusen on the other hand has not be able to understand the game pattern but I can see that they are getting more confident currently, and I know that they will be able to equalize the goal. When it is Leverkusen playing, it is not yet over until the final whistle.

Atalanta 1-0 Leverkusen.
This surprised me a little. I didn't expect Atalanta to be able to score goals faster than I expected. And it doesn't seem like luck. Because I see Atalanta playing with more confidence. they take advantage of opportunities quickly and accurately. Leverkusen did try to break down Atalanta's defense but it was not successful. But Atalanta only managed to get a goal with a few touches and quick attacks. And now the score has even changed to 2-0. Honestly, this is not the final I expected. Leverkusen conceded too easily. It seems I had too high hopes for Leverkusen.

But well, as long as the match isn't over, Leverkusen still has a chance to equalize the score. Although now it has become more difficult because Atalanta has scored 2 goals. Xabi Alonso must have been surprised by what happened there. All of this was definitely beyond the young coach's expectations. Atalanta made a tight defense in this match and could build attacks quickly. But several attempts from Leverkusen's attacks also seemed to be starting to tear apart Atalanta's defense.
Some surprises seems to be happening at the Europa league finals between Atalanta and Bayern Leverkusen as Leverkusen is already losing by 2:0 in 26 minutes and the goals was scored by A. Lookman as he scored the two goals. No one saw this coming at all but Leverkusen will need to buckle up now before Atalanta makes it 3:0 before halftime, what a surprise in just the early minutes of this finals today but let's see how the match we go because Leverkusen is known for coming from behind to draw and even win matches so let's see if same thing will happen because the game is not going in their favour right now.
16  Economy / Speculation / Re: Road to 100k? on: May 22, 2024, 06:44:43 PM
Most times when i hear how all these statements that people come into investment because they heard it's a fast way to become rich i wonder if they do not read about investment or know that investment is not a get rich quick scheme and also that risk is involved in it. Wait, i want to be sure here, why would anyone want to start an investment without knowing what the meaning of investment. Because anybody with the get rich scheme motive don't know the meaning of investment at all and should be prohibited from starting an investment especially Bitcoin investment which has high volatility.
We cannot really forbid people from investing on this market, as even if those people are making a grave mistake by putting their money at risk at an activity and with an asset they do not fully understand, at the end it is their money and their risk to take.


Of course, you have understood the concept of Bitcoin but not everyone believes that in decades to come Bitcoin would still be increasing in value. If you ask some investor, they will tell you that there is a possibility for Bitcoin to come to zero which i believe that is impossible. Instead, we might see Bitcoin to reach 1 million and above and through that way many will not be able to afford it anymore only the wealthy will be able to buy Bitcoin.
The chances of bitcoin being worth one million dollars on the future are higher than bitcoin being worth zero dollars, on that I agree, however you need to always keep in mind that anything can happen no matter how unlikely we believe it is, and while the risk of bitcoin being worth zero has diminished substantially since its early days, we cannot really dismiss this possibly as being completely impossible.

Yes, I also buy the same sentiment as you bro,  as it stands now, due to the popularity and growth Bitcoin has made over the years, it's more likely for Bitcoin value to rise up to a million dollars in the future than Bitcoin going to zero, that's why it's one of the most  sorted after asset right now, I  know that due to some factors, we might have our own doubt if we are a newbie investors, but we that has gained more knowledge and insight of Bitcoin knows how valuable it's going to be in the nearest future, because I am very much confident that it limited supply is another major factor that can spur the value of Bitcoin to an amount we never expected.

So in essence of all this is that if as a Bitcoin investor that really want to be successful in your investment, it's very much advisable to be a long term holder, so that you can reap the full dividend of your Bitcoin investment, because Bitcoin is actually going up to the moon, the question here is how long can you hold?

You make a lot of sense mate because the reasons why most people are afraid of investing in Bitcoin is because they still feel that Bitcoin will crash or drop to the lowest someday but anyone who takes time to study about Bitcoin will know that even the approval of Bitcoin ETFs can even make you be more confident that the future of Bitcoin is heading towards possibility of full adoption so Bitcoin has grown past the level of being affected by the government or any organization and if you look at the price movement of Bitcoin since October last year till now it has recorded significant growth even when the price looks like dipping too much it still returns and even gains more strength and increases just like the experience it had about a couple of days ago when it moved from about $61k to $71k so far as you have a long term investment target you can reach the peak of your hodling one day.

Regarding your question on how long can one hold, for me I have self employed jobs I am doing now so I don't see anything that will make me to tamper with my holdings in the next 5 years so I can hold for 5 to 12 years or even more than that so if I will sell part of my Bitcoin it will be when I have accumulated as many Bitcoin as I want and it will also depend the price of Bitcoin at that time maybe when the price reaches between $200k to $300k then I can decide to sell but not all my Bitcoin.
17  Bitcoin / Bitcoin Discussion / Re: Don't invest in Bitcoin because others are investing in Bitcoin on: May 22, 2024, 05:13:39 PM
I think we have knowledgeable individuals in this forum and since I joined this forum I have never seen anyone ask questions in this forum without getting answers so the best research a user here can do about bitcoin is here on the forum because there is no knowledge that you need that you won't be able to get here. Everything is complete in the forum just develop time to read and learn you will get the right knowledge about Bitcoin and there are even threads that focuses more on Bitcoin discussions you can go through those threads and you will get the right knowledge you wish to know.
18  Other / Beginners & Help / Re: Crypto investment is exhausting for some ? on: May 22, 2024, 04:46:30 PM
Nothing good comes easily and all these hard wallets and protection of seed phrases are just to grant your assets full security and privacy so it shouldn't be exhausting. We need to understand that cryptocurrency needs a lot of patience but just like he said there are times when everything seems tiring though it's even more relaxing for anyone who focuses in making investments instead of trading because the trading aspects of cryptos is hell because staying glued to how the market is going and using different signals to know the actual time to trade is not easy but when you devote more time studying about cryptocurrency everything will look so easier for you the only thing I don't like about trading is that it consumes a lot of time.
19  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: May 21, 2024, 10:01:07 PM
Pep Guardiola has been awarded as the premier league manager of the season after he was nominated alongside Arsenal’s Mikel Arteta, Unai Emery, Andoni Iraola and Jurgen Klopp. Pep Guardiola is one manager I like so much because he is always full of energy and makes sure he wins a trophy for his club and his coaching skills is also admirable so he deserves the award after fighting a good fight and won at last. Congratulations to him on his well deserved award at least it isn't easy to win the premier league trophy 4 consecutive times so he really dida great job for Manchester City.

https://www.mancity.com/news/mens/pep-guardiola-premier-league-manager-of-the-season-63851906
20  Bitcoin / Bitcoin Discussion / Re: Why use decentralized bitcoin in a centralized way? on: May 21, 2024, 09:41:28 PM

In the early days of Bitcoin, I think some users were really up to keep Bitcoin as decentralized as possible. They seems to be outnumbered already and some are just shying away because users are becoming used to the centralization.

Maybe because the idea that Bitcoin will not grow with out the regulation of the government so we gradually get used to KYC already, we are now INSTITUTIONALIZED.  Grin
Seriously Bitcoin is moving away from it's purpose of invention because a lot of people now uses centralized exchanges instead of decentralized and non custodial wallets but I think people are afraid of the government that is why they still use centralized exchanges and they also feels that KYC makes the system more transparent since every users real data are stored in there but I believe with time people will start to know the need for a more decentralized system.
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