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1  Economy / Speculation / Re: Buy the DIP, and HODL! on: April 30, 2024, 05:23:57 PM
I will not diversify my bitcoin into another kind of business by selling it after 10 years, because like you said, for your bitcoin investment to reach 10 years timline, it means that you have been able to accumulate a significant amount of bitcoin, which you should just relax and continue buying with any strategy that you feel is comfortable for you. This is because that is when the compounding profit have a high capacity of generating higher profits for you than before. If you sell some parts and diversify into another new business.

You will miss that compounding profit that would have been accumulating continuously overtime, which might help you reach your your fuck you status faster compared to when you sell part of it to diversify into another business. Another thing is that how are you sure that business will be able to give you profit within a short period of time that you started it. The business needs to monitored and during the early stage, it can take more money and more of your time to grow the business, and due to some inflationary problems a d government policies, the business might fail.
I think you really didn't get his point, he's advising against selling off your investments totally after the supposed 10 years and proposing means to remain an investor. From my understanding, he's advising for worst case scenarios, maybe you're out of funds and want to sell off to maintain your living and his advise is simple. Instead of selling off, you should just take some part of your gains and invest it wisely so that his investments can continue taking care of him while he maintains his investments in bitcoin and works on increasing his portfolio continually while solving his problems with his diversified investments. This is better instead of preying on your investment to satisfy your needs after 10 years.

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Lastly, the profit that you will make from your new business is four years with stress and hard work might not be upto half of the profit that your bitcoin investment, that you continue holding without selling a dime after ten years will give you after an additional of four years. Currently, I think Bitcoin investment should be one of the best, if not be best to give you a better profit than any other investment. So these are what we consider before thinking of diversifying. I am not saying that to diversify into another investment that is not on the same line with bitcoin is bad.
I think you didn't do your researches very well before saying this. I do a little agriculture in my country. I plant potatoes and cassava. Potatoes is harvested within 4 months and some cassava stems are harvested within 3 months, 6 months or 8 months depending on what you got. When done well, I get 150% ROI at least quarterly. I'm sure of diversification in agriculture because I currently practice it. So there are businesses that are very profitable and are worth using as means of diversification  for problem solving and emergency response purposes while still holding profitably.
2  Economy / Trading Discussion / Re: Cryptocurrency trading terms and meanings on: February 20, 2024, 02:47:36 PM
Altcoin
Ashdraked
Bagholder
Bear/bearish
Btfd
Bull
Dildo
Dump
Dumping
Dyor
Fa
Fomo
Fud
Hodl
Jomo
Long
Mcap
Moon
Otc
Pump
Rsi
Whale
Reverse indicator
REKT
Swing
Short
Shitcoin
Saj
List out all the meaning and terms of what I just listed
I really do not get your point bro, are you too lazy to do your research yourself that you're asking of it here, Go do the homework by yourself and do not waste the time of people with such cheap thread. If you got a really cool info to pass across, do it without delay. if not, keep learning until you have one.
3  Other / Beginners & Help / Re: Can we contribute accross local boards? on: February 20, 2024, 02:40:57 PM
Thank you all for your replies and your wealth of knowledge shared with me here, I must say I learnt a whole lot from it and I'm better informed now on the patterns of engagement on the local boards.
4  Other / Beginners & Help / Can we contribute accross local boards? on: February 16, 2024, 04:29:11 PM
Hello all, I'm delighted to be in this forum with so much knowledge flying around and we can only grab as much as we can at a given time. I have come to the understanding that this prestigious forum is one governed my several rules which have individual consequences if not strictly followed and that I wish to abide by while navigating and contributing my own quota as a Bonafide user in this forum. I've taken my time to read the rules and regulations of different board and most of the pinned threads. Now getting over to my local board, I didn't observe one and I have a disturbing question I wish to ask for clarification for not only me, but for others to also take note of regarding the local board section.

Are we permitted to engage and contribute across local boards?, I mean being a member of the Nigeria local board, can I contribute in India, German and other local boards?.
I know some of them are not using the same language as mine, but there are translators to the rescue. I still think there are valuable informations there that can be of good benefit to me and help me broaden my horizon

Thank you in advance for your more experienced feedbacks
5  Local / Nigeria (Naija) / Re: Afta excitement, reality go set in on: February 16, 2024, 04:11:18 PM
Another one be say now wey dollar dey high, most people dey cash their coins make them dey benefit from the high exchange rate, but me I dey see am as penny wise, pound foolish because BTC bullrun go give you more dollars to spend if you just calm down and HODL.
Anybody wey tell you sey naira go firm up against foreign currencies wit d way we depend on foreign goods and insecurity dey rise on a daily, my broda d persin wan set you up. It won't work. Mark my word. Except govment change its tactics. Based on dat, anyone wey change im BTC to fiat and keep in a bank dey shortchange himself. You only convert it and spend, na d only way to get value for it as e bi now. Don't convert and leave for bank so you go think sey you get money. Wen you wan use am you go sabi sey value don leave ur money.

Exactly bro, Na Jonzing dey worry the person wey dey preserve naira. Naira don cast reach dead, and em still dey cast dey go everyday, so the better thing be say no ever hold Naira dey think say you hold money, you just dey whine yourself. Just find way transform am into a more stable currency or invest am into something worthwhile make you no come blame your village people when the money devalue pass as em dey now, predictions dey say dollar go even reach #2k before the middle of the year.

me sef don dey begin reason say this naira devaluation of a thing na intentional act as our President don dey acquire heavy assets in the country for himself. Em don buy AGEEP now, and em don almost turn major shareholder for NNPC, wetin remain na to buy the whole Nigeria for himself. The hunger wey dey this contry na the tool wey politicians dey use control masses especially during elections as hungry man no get choice. If they wan make Naira value increase, they know what to do and the people wey dem go fit involve make e happen, for now them still dey bellefull themselves.

Sticky Bomb  Cool
6  Local / Nigeria (Naija) / Re: What if this forum allows private discussions? on: February 16, 2024, 03:57:01 PM
I believe turning this prestigious forum to a sort of a social environment similar to facebook will jeopardize the main aim of its creation and furthermore, It will shift the gaze from the advancement of the bitcoin cryptocurrency and start entertaining all sorts of nuisances and distractions that we see in the social media space. This is an information environment, it should be focused on that path for its effectiveness and efficiency.

Not to forget, Bitcoin unique selling point is rooted on privacy and anonymity and your idea will greatly affect the perception of bitcoin ecosystem as privacy would no longer be the watchword if it should be implemented.

Sticky Bomb Cool
7  Local / Nigeria (Naija) / Re: Welcome Back to the Forum Again. Celebrate with Me. on: February 15, 2024, 03:23:04 PM
Hey my Naija brothers and sisters. Na me be DiMarxist wey been dey very active here but na bcos of one error wey I do, nai dem ban me so as Cyrus come shey make all those people wey dem ban come apply as second chance with their Username and a good thread wey we know say we go fit present, na so I pm am with di needed information and for di first list him released my name no follow so I come pm am again, and I just leave for about one month and today I say make I login and when I log am in o,men everything stew. Di ban was lifted. And there was no signature and avatar ban. Dem remove everything. So I am very much happy to come back to di forum again. When the account was ban, I created an appeal thread and many of my brothers here made comments, though it was not favourable but they know dat it was not good for di account to go down. I dey greet those people wey make comments attack and others but I wear di thick skin.

I am back again. Happy Valentine to all the Naija people.

DiMarxist.

congratulations and welcome back to the forum, I also appreciate the forum bosses for giving you a second chance. They have shown you that brotherly love with another chance to engage(This time with more caution) in the forum activities. I hope you have learnt your lessons and wouldn't repeat the mistakes that got you banned in the future. Happy valentine in arrears and I wish you the best in your activities going forward.

Sticky Bomb Cool
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