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September 29, 2025, 09:55:09 AM *
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1  Local / Politics and society (Naija) / Re: Balancing Financial security and Bitcoin Accumulation on: Today at 08:34:23 AM
People do use loans for all kinds of reasons, and they do not necessarily rely on a gullible friend/relative to give them preferential terms.  We have an over indebted society, and part of the reason is that debt is cheap and it also reflects various ways that the dollar  (and other fiats) has been undermined through the years and even debased through the issuance of debt.

Just because the debt system is a bad system for society, rich people use debt to their advantage, and getting cheap debt can frequently allow for way more money to be made, as long as you know how to use debt in a way that you are finding higher returns on your money and that you are not putting yourself into a place in which you are not able to pay back the loan and/or that you might even put collateral into jeopardy if you are not using the debt in profitable and prudent ways.
Debt will only be encouraging to me is if the person plan to make use of that money properly like to start up a business with high chances of being successful over time

Justifying the debt can be the same no matter the purpose, and so surely one thing about a business is that you may or may not be including your own labor into the package, and some people start up businesses because that they consider that they would be able to make more money with their own labor mixed into it as compared with working for someone else, so surely there can be potentials for cashflow that comes from infesting into a business, but also the leveraging of ones own labor.  Of course, self-started businesses are not always successful
Very true, most of this guy's that venture into business don't think about their own effort, they just believes that even though it can even be more stressful, as long as they can make more money, they will be fine, not knowing that not all business flourish in first try, I think I have said this before that taking a loan to expand an already existing business is a more logical decision than starting a new one because you already knows what to expect from the business unlike when you are starting a new one, but no matter what, it's not an entirely a wrong idea if your ability to pay back the loan doesn't depends on the outcome of the business or your investment .
2  Economy / Speculation / Re: Buy the DIP, and HODL! on: Today at 08:12:42 AM

You didn't include buying with DCA to be used by a high income earners? It is mostly advisable to use the dca as a newbie investor even as high income earner than using the lump sum or buying the dip because the DCA strategy will work you down the road of understanding the market. A high income earners can also use the DCA strategy, you need to understand that DCA strategy is not limited to only those with a little discretionary income but it can use by all levels of investors and secondly anyone can take advantage of buying the dip too provided that they planned for it.
Buying the dip is never a bad idea as long as you are not waiting for it before buying, you can be buying regularly through the dca accumulating strategy weekly or monthly, but once their is a strong dip in the market, you may decide to buy aggressively only if you have a reserve fund to do it, but if you don't have a reserve funds in place to take advantage of the dip, their is no point getting worked up or trouble about it, just continue your dca accumulating strategy and this time try to set up a reserve funds because the dip will surely come again in the future, but waiting for it before buying is a very big mistake any Bitcoin Investor will ever do to himself, because waiting for a dip before buying will make him miss a whole lot of buying opportunities that would have made him add more unit of Bitcoin to his stash if he had been buying and accumulating regardless of it price.
3  Economy / Gambling discussion / Re: Premier League Prediction Thread 2025/2026 on: Today at 06:14:05 AM
Arsenal almost lost the match against Newcastle because, of course, Arsenal conceded first to Newcastle. However, Arsenal was fortunate to have a strong mentality and continued to attack, which ultimately allowed Arsenal to score a goal against Newcastle and turn the tide of the match. Arsenal ended up winning 2-1. Gabriel and Merino were the heroes for Arsenal in yesterday's match.

Source: https://sport.detik.com/sepakbola/liga-inggris/d-8134989/newcastle-vs-arsenal-the-gunners-menang-dramatis/amp
Unfortunately, Newcastle, as the home team, couldn't make their fans happy because they failed to win the match. However, if Newcastle's defense had been strengthened, they might have had a chance to win. But Arsenal deserved the victory because they are simply stronger than Newcastle. It seems that Arsenal's strength has improved, as they are now in second place.
No, I disagree with this your statement here bro, are you talking about this game or you are talking about the strength of both teams generally?
Because if you are talking about both teams, I will agree to that, that arsenal are the stronger team, but if you are talking about this game, arsenal didn't deserve to win because if Newcastle clear handball was awarded a penalty, Newcastle would have gone ahead first which will make it extremely difficult for arsenal to come back and later win the game, the best they could have gotten is a draw, so they didn't deserve to win the game because they were the better team as you claiming, luck just shine on them, that's why they won at the dieing minutes.
4  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2025/26 on: Today at 05:56:06 AM
Finally, Barcelona retook the top spot after Real Madrid suffered a humiliating defeat to Atletico Madrid, getting slaughtered. And in that match, to be honest, Lewandowski was always impressive. Many said Yamal was phenomenal, and yes, he was. But, Lewandowski, at his age, his performance was also extraordinary.

Ah, this is indeed the case, the Barcelona players are really on fire with their success in finally reclaiming the top spot in La Liga.

Source: Barcelona go top of La Liga
I knew it that getting back to the top of the table was not going to be an issue that will take Barcelona so long a time eventually, lewandoski is and has continually remained consistent with his performance even from last season, and so seeing him perform well this season did not really come as a surprise, he has continued to add value to the  squad this includes the likes of yamal too
I think getting to the top isn’t the actual problem for now in La Liga table but winning the La Liga, because I still see Barcelona dropping some points, and that doesn’t mean that Real Madrid aren’t going to drop points as well, but so far the season have been very tremendous, and Real Madrid have shown that this season they are well aware of the potential treat from the Barcelona and I’m expecting this season to be a hell of a battle in the tittle race, But Barcelona should know that this season isn’t going to be an easy one for Barcelona like it was very easy for them winning the La Liga, I’m expecting Real Madrid to show soon why they deserve to win the La Liga, because I think Real Madrid are going to win the La Liga title, Barcelona have been struggling to win games, but Real Madrid have been winning comfortably so that means something.
Truly the league is just getting started, so we shouldn't look into it for too long because they have not even played up to 10 games, so anything can still happen in the course of the season. When looking at this Barcelona and real madrid team, I have that conviction that Barcelona have more in their ranks than this real Madrid team because they are more experience and they knows what they need to do in other to win the league, unlike real madrid team that xabi Alonso is still trying to find their rythme, but without a single doubt, this season title race is definitely going to be as fascinating as ever.
As for atletico madrid, do they have what it takes to go for the Spanish laliga title? No in my own opinion because they are just too inconsistent to challenge for it with these two top  teams.
5  Economy / Speculation / Re: Buy Buy Buy or Sell Sell Sell? on: September 28, 2025, 06:11:54 AM
You sound confused Albert David .  You say buy for the long term but sell when the price goes up.  That does not sound like buying for the long term to me.  

How long do you consider to be long term?  and how much profit do you want to have when you sell the bitcoin you bought?  When you sell are you planning to buy back at a lower price?  how do you make any progress in building your bitcoin holdings (for the long term) if you have goals of selling when the price goes up?

There have been guys buying bitcoin for years and their profits are 3x, 5x, 10x, 50x, 100x, etc etc.. depending on when they got in and how long it might have had taken them to build their bitcoin position.

Some guys can build their bitcoin position in a short period of time, such as less than a year, but most people (who are really long term), it may well take them a couple of cycles to build their position, with each cycle being 4 years.
You are right sir, without a doubt he is confusing himself the more, buying and selling when the price goes up can never be classified as a long term investment, it's mostly traders that does such thing, and most times they sell to soon and misses out on opportunity, while sometimes they panic and sell at a loss because they can't be patient with their Bitcoin investment recovering back to where it fell from, and it's only traders that does that not Investors.

Another thing that I think that plays a role in this is ignorance, most newbies investors thinks that the best way to go about their Bitcoin investment is to buy and sell when the market appreciate, they don't just know that by trading their Bitcoin for minimal gains, it's no longer investment, it's pure trading, and until they are taught the right path, that's how they will keep on approaching their Bitcoin investment thinking it's the right thing to do, not knowing that they are wasting valuable opportunities that would have been used to build a huge big stash of Bitcoin, which might change their financial status forever.
6  Economy / Speculation / Re: Buy the DIP, and HODL! on: September 28, 2025, 05:53:42 AM
I agree, the truth is this makes me remember that on the Spanish board I said something like that and I didn't know that leaving some discretionary income to buy on the dip was a variant of the DCA method, because the DCA method consists of buying daily, weekly, monthly whatever the quota of money to accumulate, I thought that some other income to buy on the dip was another strategy or method and no, it turns out that it is the variant, but it is the safest way to do intelligent DCA work.
If you are buying regularly with the DCA accumulating strategy, their is no point disturbing yourself about the dip because you can equally buy the lowest part of the dip through the dca accumulating method, since you will get to buy at every price interval regardless of it price.
What Investors are advised to do is to always have a reserve funds in place so that when their is a dip in the market, you can use your reserve funds to buy and accumulate Bitcoin aggressively then, but if you have no reserve funds in place while accumulating Bitcoin through the dca accumulating strategy, their is no point doing more than yourself because the DCA accumulating strategy is quite ok, and your investment will be fine as long as you stay on track while accumulating Bitcoin weekly or monthly.
7  Economy / Gambling discussion / Re: Premier League Prediction Thread 2025/2026 on: September 28, 2025, 05:43:15 AM

Source: https://mediaindonesia.com/sepak-bola/815345/crystal-palace-vs-liverpool-slot-akui-kekalahan-akibat-kecerobohan
Crystal Palace managed to defeat Liverpool with a score of 2-1, which certainly surprised many people because surely many did not expect Liverpool to be defeated by Crystal Palace. In that match, I lost my bet because I thought Liverpool would win, but it turned out that Liverpool lost, and of course this caused many people to lose their bets because surely many favored Liverpool in their bets.
On the contrary, I wasn't that too surprised by the final outcome of this game because if you check the records of crystal palace against the bigger teams you will sees them as a threat that shouldn't be underated. Liverpool were even lucky that crystal palace was even wasteful in front of goal, if not they would have scored Liverpool up to seven goals yesterday, because in the first half especially, the crystal palace strikers were just missing all their key chances that would have put the game to bed earlier on, and that was what made the game more difficult for them, if not, they would have kill the game earlier before Liverpool even got back into the game.
8  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2025/26 on: September 28, 2025, 05:34:42 AM
I was quite shocked to wake up and find Real Madrid being slaughtered by Atletico Madrid. Because, so far, Atletico Madrid's performance has been quite poor. I realized that when facing Real Madrid, Atletico Madrid would definitely give their best; they are eternal rivals. However, Real Madrid was slaughtered by 5 goals, which was truly disappointing. Atletico Madrid was incredible this time, and Real Madrid, sorry to say, they played very badly this time, very bad, and embarrassing.

Xabi also admitted that they played badly and deserved the loss. He admitted his mistake.

Source: Xabi Alonso - Real Madrid
I was also as surprise as you bro, I watched only the first half and they were playing 2-2 draw and because I need to attend to something more important, so I wasn't able to complete the game again, and I was even thinking that in the second half real madrid will finally carry the day since they were the most informed team, but to my surprise, when I checked what they were playing in lives score by  8pm in the night, I wasn't sure of what I saw, which was 5-2.
I have to check another site like flashscore.mobi, that's when I was convinced of the final outcome of the game.
So without asking anyone, I was convinced that in the second half real madrid was terribly bàd for them to lose by such a margin.
And I sees this losing as a wake up call for them to know that they really needs to improve on their game, if they really want to go far this season.
9  Economy / Economics / Re: Everything you wanted to know about Bitcoin Strategic Reserve on: September 26, 2025, 09:51:48 AM
NEDERLANDS JUST ANNOUNCED TO CONSIDER ESTABLISHING A STRATEGIC #BITCOIN RESSRVE , THIS IS MASSIVE

Smart countries are following the US's strategic move to establish Bitcoin reserves, the future of Bitcoin is truly extraordinary. Countries that fail to follow will fade away and be lost. Bitcoin touching $10,000,000 in 2050 is very possible and could be real.
The sky is the beginning point of it limited bro, nothing is impossible when it comes to Bitcoin investment because Bitcoin currently is still pretty young of an investment unlike gold , land and real estate that has been there since the beginning of mankind, so looking at the historical price movement of Bitcoin over the past 10 years and how far it has grown, their is a higher probability that in 25 year time from now, it might even get to that figure you are speculating about then, even though it looks over ambitious. I am just positive that when more people around the world start making use of it and start investing in it just as most countries and people that we never thought will invest in Bitcoin are doing now, It might get there one day, it's just a matter of time, that's why holding for years without selling is the best possible way to milk something huge from your Bitcoin investment.
10  Local / Politics and society (Naija) / Re: Balancing Financial security and Bitcoin Accumulation on: September 26, 2025, 05:59:05 AM
...There is no need building an emergency funds to protect your bitcoin investment when you don't have any bitcoin because you have nothing to protect...
I think this your statement is very wrong. Emergency funds is very important for anyone whether they are investing in bitcoin or not. Since  emergency situation like paying of hospital bills, car repairs , accident etc, this are situation that we don't have control over hence there is need to have an emergency funds since since such emergency situation doesn't just occur to bitcoin investors alone. Having an emergency funds before investing in bitcoin will help in protect your assets.

You are the one getting it all wrong here, in bitcoin investment what you should first figure out before making purchases is your discretionary income so what's the need saving for emergency fund when you don't have any discretionary income to get started with, rich folks can make arrangements for their emergency fund and discretionary income at a time it's still not wrong because they have money but for low income earners or no coiner you can started if you don't your emergency fund ready as long as your discretionary income is ready and later get your emergency fund gradually as you are buying bitcoin.
I really don't understand why you guys are arguing when it's been stated severally by jayguangee that discretionary income and basic knowledge is all that is needed to start your Bitcoin accumulation journey, if you have no emergency funds, you can be buying Bitcoin gradually and still be stacking up your emergency funds at the same time from your discretionary income, after a few months when you know that your emergency funds is huge enough to sustain you in three months of expenses, that's when you can stop adding up to your emergency funds weekly or monthly, and use that money that you normally add to your emergency funds and be buying and accumulate Bitcoin aggressively once your discretionary income is available .
11  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: September 26, 2025, 05:42:40 AM
He is a good coach and has a lot of experience. But remember when he was at Fenerbahce, he had failures and got fired. Reportedly, he was fired because he lost to Fenerbahce and failed to qualify for the UCL. At Benfica, I think it's the same. There is a lot of competition and indeed Benfica is a leading team even though they are currently in 4th place. Mourinho should learn from his mistakes and I remember that he is too outspoken and speaks freely when he feels he doesn't fit in with the club.
Not only at Fenerbahçe, but at several English clubs, Mourinho was also fired for failing to meet the club's expectations, indicating that his era is nearing its end. Mourinho is indeed a good coach with experience, but after his glory days ended, his quality in managing teams has declined. The competition in the Portuguese League may not be as fierce, but several teams there could also pose a challenge for Mourinho, as Porto and Sporting CP have been very strong so far. Mourinho has to prove himself, and if he fails again, his reputation will be further diminished and no longer talked about.
I think you are actually right about what you said here in your last paragraph, he has to prove himself all over again that he still got the fire burning inside of him, because right now, many people feels like his best days are behind him including me, because after leaving Roma, he went to the Turkish super league with fernabache, I initially thought that his team would be undisputed there but he was sacked with him not winning any trophy if am not mistaken, so  this chance at benfica is like a short to prove himself that he has not lose his special touch, what I just feels like he needs is time to implement his playing system and idea in the minds of his playing, but while trying to implement his playing system into the team, he knows that he has to deliver the desired result while at it, if not he might be sacked trying to get the team back on track.
12  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2025/26 on: September 26, 2025, 05:29:21 AM
Barcelona is fortunate that they were able to turn the situation around. Flick is quite good at motivating the players. Barcelona dominated, but Oviedo's goalkeeper Joan Escandell and the goalpost saved the ball from going into the net. However, this condition caused Barcelona to be a bit careless, as Oviedo managed to score 1 goal. Meanwhile, Barcelona was only able to score in the second half. Flick had to bring in Frenkie de Jong, and his strategy proved to be successful. Barcelona's play became smoother and quicker.

Barcelona played very well. Barcelona was in control of the whole match. I like the way Barcelona is progressing. If Barcelona continues to progress, they will leave almost all teams behind. Real Oviedo has not done anything very well. Real Oviedo is going through a very bad situation. Real Oviedo is not in form. If you look at their results this season, you can understand what kind of bad situation they are in. Let's see what Real Oviedo can do in the upcoming matches. If this continues, Real Oviedo's situation will become very bad day by day. Real Oviedo's team should be revived as soon as possible.
I don't know why  most football lovers are surprised that real Oviedo got the first goal, because to the best of my knowledge, nothing is impossible in the game of football, what's very important to me was how Barcelona responded, and they responded like how a top team should have responded. Though in the first half, they weren't able to get a goal due to hard luck, but In the second half their constant pressing and pressure paid off, and they eventually won by 1-3, which took them within a touching range with real madrid, two points below, so a big congratulations to them for getting the job done even though they started poorly.
13  Economy / Games and rounds / Re: ♻️ CCE.Cash | Bitcoin Price Prediction ' Oct 19 🎁 Prize $60! on: September 25, 2025, 09:53:13 PM
$103,470
14  Economy / Speculation / Re: Buy Buy Buy or Sell Sell Sell? on: September 25, 2025, 04:27:45 PM
Investing in Bitcoin requires a level of psychological skill in relation to risk management as the system is volatile it can fluctuate anytime. Everyone has their own choice, their own money, and their own level of risk they can handle so if you can't handle such level of volatility then investing in Bitcoin isn't for you.
Talking about the bold words in your statement, I don't think it's necessary if you are actually doing the right thing,  what are you doing with psychological skills in relations to risk management if you are investing with your discretionary income, the money you can afford to lose?
All Investors in Bitcoin are advised to invest with their discretionary income so that you wouldn't be emotional in anyway if your investment in Bitcoin isn't going as planned, so what you are actually saying is not necessary if you are doing the right thing by investing within the confinement of your discretionary income and you are only thinking long term.
15  Economy / Speculation / Re: Buy the DIP, and HODL! on: September 25, 2025, 09:22:41 AM
If we want to accumulate Bitcoin, we don't use mentality to accumulate Bitcoin; what we use to accumulate Bitcoin is our discretionary income. It is important to always delay investing in Bitcoin if you don't have a discretionary income because Bitcoin is a long term investment, and you need discretionary income to invest in Bitcoin so that you won't have any difficulty in holding your Bitcoin investment for a long time. But if you use because of time is ticking and ignore using discretionary income to invest in Bitcoin, that means you are investing in Bitcoin with the money meant for your expenses and that is FOMO, and you won't be able to hold your Bitcoin for a long time.
Yes, you are actually right here, and I think that we both share the same sentiment on this issue here, investment made in Bitcoin outside your discretionary income is more of gambling because it's just a matter of time before you sell it off prematurely just to address what the money used to invest in Bitcoin is meant for, and in my own opinion you can't be buying and build a good stash of Bitcoin like that.

The key problem that I have found out among most Bitcoin investors that makes them fail in it is that they tend to invest from their salaries like the money they intend saving from, not knowing that investing in Bitcoin requires discretionary, not money meant for saving, since it's a money you can afford to lose, but you wouldn't even accept the idea of losing your savings, that's why such investors tend to panic and sell prematurely when the market starts declining, and even though they were able to hold without panicking, they will still likely sell prematurely when the needs arises for what they are saving it for is at hand, so investing only from your discretionary income is a must if you must go far in your Bitcoin investment.
16  Economy / Speculation / Re: Buy Buy Buy or Sell Sell Sell? on: September 25, 2025, 09:08:04 AM
It can difficult for anyone to go in to anything that they do not have any idea on, the learning comes in different ways the theoritical and practical, theoretically the basic knowledge is required to start to perform the practicals while learning continues gradually in both aspects, while having to know the basic theory of swimming will not make any one to know how to swim without practicing, alot of people who were courageous to jump in to swimming without taking the necessary steps never keep calm infact some didn't survived it and some too that survived never went back out of fear from their previous experience let's just say that there are steps to which the all of this of can be followed that will be reasonablely practicable including the leaning how to swim and going in to Bitcoin investment.
You don't have to get burnt first before you learn, because you might get burnt to the level in which you might never recover to bounce back again, that's why I believe that the best way to learn about Bitcoin or any other thing is by doing your own research, asking those that have been in the field earlier that are successful in it, and also ask those that has been in the field earlier that failed, they both have what to tell you because their experience differs.
Those Bitcoin investor that fails will definitely disclose so many things to you why he fails, like the mistakes he made and what he should have done, so as the investor that was successful, and all he has to do to be successful, so as long you are humble enough to learn from both of them if they will be sincere with you, you will never miss a step while investing in Bitcoin.
17  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: September 25, 2025, 08:13:00 AM


We're still a few months away from winter, but MU seems quite active. They seem have not yet feel satisfied with their current goalie line-up. They're being rumored putting Maignan as one of candidate to be signed when he leaves for free in summer. I saw many say that he's bad, terrible, and old goalie. However, i see it positive as long as they can get him for free.
Yeah i meant for free without using the money in their pocket, it's still worthy. Although, he's 30 years old, but worthy enough with his experience. I'd prefer to see them sign him for free instead of gambling with non proven, pricey goalie.

Am wondering what's you guys opinion regarding this. do you agree if MU to sign him as a new goali for "FREE" next summer?

First I will say there is no goalkeeper in the world without errors and mistakes and this doesn’t takes anything a way from the fact that he is good and the major reason why he is still France National team no 1. With the vast number of top goal keepers that they have they would have easily replaced him if he is not that good. Comparing him to the current goalkeepers that Manchester United have, he is a better option. Not only that though I also see him as a better option than Aston Villa and Argentina goalkeeper Emiliano Martinez.
Yes it's true that he might be better than the current options at Manchester united presently, but for the kind of level of upgrade Manchester united I believe that Manchester united are looking for, going for maignan is not the ideal choice because if you look at his performance of late or in the match between France vs Spain, you are going to be really angry that Manchester united is going for such low quality goalkeeper with a lot of hypes.

Then as for your comparison between him and Martinez, the former Aston villa goalkeeper that is now a free agent, bro you are seriously mistake here because Martinez is way better than maignan, and he is a premier league tested and trusted, he also brings that experience and personality to that dressing room like a leader, which is what Manchester united also needs right now, so I will choose Martinez over maignan ever day because Martinez is far better than him.
18  Economy / Gambling discussion / Re: Premier League Prediction Thread 2025/2026 on: September 25, 2025, 08:00:36 AM


Big congrats for Gigi by winning another Yasin trophies. This means he has been collecting two yasin trophies. It feels surreal consider he's only 26 years old, and become best goalie two times. He's already one of the greats goal keeper, and City was lucky in getting him so cheap. It means they signed world's best goalie right now, and would never regret their decision to do that.
I also love how he perform in EPL by playing in three games but only conceded one. That's enough to make all of his haters pipe down.

Are you surprised?! This is goalkeeper that was included into the starting line-up for AC Milan at a young age. One could already see the signs that he is set for greatness. But at 26? How is he not a legendary goalkeeper? Congratulations to him, he played a huge part to the success of PSG's quadruple last year and most importantly during the Champions League Competition. Hopefully, he keeps on slapping the gauge higher for Manchester City.
Gianluigi donnarumma is a top class goalkeeper in world football right now regardless of what his haters might think about him, and in goal he carries that big presence teams craves for, so I still sees him as a very big lose to this psg team and a big win for Manchester city since they were the biggest benefactor of the fight between gianluigi donnarumma and luis Enrique, that led to his departure from psg, so it's actually not a surprise to me that he won the best goalkeeper in the world position, since he was part of the successful psg team that won the uefa champions and their domestic league, so a big congratulations to him on this his latest achievement.
19  Economy / Speculation / Re: Buy the DIP, and HODL! on: September 24, 2025, 06:36:44 AM
Yea, you are actually right @Dogedegen. One bad shitcoin investment can mess your financial life up. I have a friend who believes so much in shitcoins investment. Just last week he chartted me up, complaining of how he lost 700k Nigerian currency to an online shitcoins investment scheme, and the loss has drastically and/or completely drained his physical business. It is at this point of regret he spoke of a better and more reliable investment means, which is Bitcoin, but according to him, waiting for so long for the investment has always been his problem.

At this point I asked him, would he rather invest in shitcoins and expect quick returns and loose all your money just like what happened now, or it's better you invest in Bitcoin gradually and Hodl and be sure of your future gains?He thought about it for a while and then said the one that provides assurance for future worth and value is the best, then I told him welcome.
I understand that you are trying to help a friend, but I want you to understand that the good you are trying to do will turn bad in a split seconds if you don't do it well, giving a newbie enough assurance of his future returns if he Invest in Bitcoin is really a bad idea because if anything happens to his Bitcoin investment, you will be held accountable, and you and I knows that nothing is guaranteed in this life due to the fact that we live in a world full of uncertainty, so it would have been better you explain the risk associated with Bitcoin also to him, because according to your explanation, it looks like Bitcoin has no risk at all which I see as misleading, so telling him the risk and how that risk can be shrinked to the bearest minimum if it can be held for a very long time is much better than giving him too much assurance on Bitcoin, when we know that it is not risk free.
Quote
I think I have played my role by enlightening him of the danger of shitcoins and altcoins, and the future that Bitcoin holds for us generally.
Truly you have done well by telling him the danger attached to investment in alt and meme coin, but if you did not complete your explanation by telling him the risk attached to Bitcoin also and how it can be mitigated if held for a very long time, you are doing a great disservice to yourself because he will hold you accountable if anything happens to his Bitcoin investment, if it doesn't goes as planned.
20  Economy / Speculation / Re: Buy Buy Buy or Sell Sell Sell? on: September 24, 2025, 06:14:32 AM
.
You believe that a newbie to bitcoin needs to learn about bitcoin before starting to invest into it?
I don't think so, they just need to have some basic knowledge and start right away than procrastinate or wait to be fully prepared before starting, as that will delay the time of investment since Bitcoin is not waiting for anyone. As time goes on the more Bitcoin is becoming more expensive than before, that is enough reason why people need to have the basic knowledge and start right away.

What are the basics that the newbie needs to learn about bitcoin before getting started?
Just like what have been taught here countless times, as a newbie investors that just came into the space that want to invest in Bitcoin, what he just needs in other to start is the basic knowledge on Bitcoin, like how to buy and hold in a safe wallet, and to also know that investment in Bitcoin is done from our discretionary income only, along the line he can seek for more knowledge on it, to be more knowledgeable on what and what measures needs to be in place to be able to hold strong while accumulating,  because if he doesn't seek knowledge on how to hold strong, even though he has the will to hold, he will be powerless when an emergency situation arise that threatens his holdings, and he has no emergency and reserve funds in place to protect his investment.

So having the basic knowledge about Bitcoin is very important for a start, but seeking further knowledge on what's required in other to hold strong is key in your ability to hold strong into the future.
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