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June 22, 2024, 02:39:19 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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1  Economy / Trading Discussion / Re: How to handle emotions when you lose during trading. on: April 06, 2024, 09:50:25 AM
Knowing how to control emotions while trading can prove to be the difference between success and failure. Your mental state has a significant impact on the decisions you make , particular if you are new to trading, and keep a calm demeanor is important for consistent trading. We can handle emotions when we lose during trading through the following:
1. Accept responsibility. Don't hide from the loss or blame someone else or the market for the position you put yourself in.
2. Review your position sizing
3. Analyse each loss
4. Use a stop - loss level
5. Stop listening to market news
6. Stop all social media reading and commentary
7. Do not follow any guru who is predicting or recommending
8. Do not listen to your trading buddies or friends who trade
9. Make sure you are not trying to prove yourself to anyone - parents, spouse, siblings, friends, co-workers or whomever. This is primary emotional trigger for anyone.
10. Do not trade in your family room or where you can be easily distracted.
11. Create personal rules
12. Trade the right market conditions
13. Lower your trade size
14. Establish a trading plan and trading journal
15. Relax: if you are relaxed and enjoy trading, you will be better equipped to respond rationally in all market conditions.
Note: Good trading and investing are all about managing risk. If you can't emotionally handle the risk you are taking, then STOP. If you can't see far enough ahead to observe the consequences of your actions, then trading is not for you.
2  Economy / Trading Discussion / Re: When is the best time to trade a Bitcoin on: April 06, 2024, 08:55:01 AM
Cryptocurrencies are most commonly traded between 8amto 4pm in local time. While the crypto market is 24/7, your trade are more likely to be exchange when there is highest level of activity. Outside of these hours, when trading is lighter it can be more difficult to open and close trades.
Another perks of trading cryptocurrency is that you can buy it whenever you want. But many investors buy and sell cryptocurrencies during the same hours that the New York Stock Exchange ("NYSE") is open. But since you can buy and sell crypto at all hours of the day, you will need to know which hours are better for buying cryptocurrency.
While deciding the best time to trade crypto you also consider some factors like:
a) gas fees
b) market volatility
c) economic news and events
d) trading style and goals.
d)
3  Local / Politics and society (Naija) / Re: Nigerian System of Education on: April 06, 2024, 07:26:00 AM
Formally, education in Nigeria was based on a 6-3-3-4 system, which involves three levels of institutional learning processes: at the primary school level, at the secondary school level and at the tertiary level.
Toady twenty five years after a new system of education called the universal basic education (UBE) otherwise know as the 9-3-4 has been re-introduced whose curriculum is expected to meet the millennium development goals (MDGs).
The educational system in Nigeria are divided into two.
The public, where the students only pays for parents teachers association (PTA).
The private. Where the students pay school fees and some other fees like sports, exam fees, computer fees etc. and they are costly.
4  Local / Nigeria (Naija) / Re: School fees hike on: April 06, 2024, 06:51:17 AM
Honestly, I don't really know what is happening in our country Nigeria. School fees matters is a very serious one that have to be look into by our government ooo. I wonder schools will be increasing school fees every year. How can people be paying#200,000 has school fees. Honestly I don't understand. And the point here is that, you will this big amount of money as school fees at the end one drunker will come to class and be teaching you nonsense say him de lecture. Most of the lecturer in the university can not even teach the students to understand. Even when you try to ask question the next thing is go home and read about it you will understand. When you as a lecturer teach the person never understand na when the person go home go read about it the person go understand. #200,000 school fees, still after exams a lecturer will tell you to pay money else you will fail his course. The financial load that most of our students are carrying today is too much. It can cause so many to be depressed and lost zee to go to school.  So many of your citizens have the dream of going to university but when they think about the fees involved, they became afraid. Especially thosed that their parents have no good source of income. Abeg make government look into this school fees matters because is getting worse every year by year.
5  Local / Nigeria (Naija) / Re: How to strengthen our own Naira against other currencies on: April 05, 2024, 09:32:15 PM
There is no other way we can strengthen our own naira against other currencies without bring down the denomination of our naira. Look at Dollar, we still have 1dollar, which is equal to 1,700 of our naira. Omo, the gap dey too much na. We should know that the more we are increasing the denomination of our naira the more it will lose it value in the international market. And once it lose it value in international market it can not been use as a medium of exchange in the international level. So I think one of the way we can strengthen our own naira against other currencies, is to first have  reduction of the denomination of our naira to gain Values in the international market.
6  Local / Politics and society (Naija) / Re: What makes cost of living still high in Nigeria when dollars loose value. on: April 05, 2024, 06:19:31 PM
Na we Nigerian dey make cost of living dey high for us. Is only in Nigeria that I see that what ever thing that the price goes up will never come down instead will still go more upper. When things are costly we should know that things are costly but when the price reduced too we should know that the price have reduced. But for Nigeria, na lie ooo. Is not like that at all. Check pure water for instance, some people is selling 1 pure water for #30, while some are selling for #50. Now check #30 by #20 is #600. Check #50 by 20 is #1000. Then how much is a bag of pure water. So please my people, let's try to help ourselves to reduce the high cost of living in our country.
7  Local / Politics and society (Naija) / Re: Four Lucrative businesses you can start in Nigeria on: April 05, 2024, 06:09:31 PM
For me four lucrative business one can start in Nigeria are:
1) food stuffs business
2) phone accessories
3) hotel business
4) bar and restaurant
8  Local / Nigeria (Naija) / Re: Government demanding from Binance the lists of its Nigerian users on: April 05, 2024, 05:51:06 PM
Honestly, each time I remember the issues of our government demanding for lists of it's Nigeria user, e de make me mad. Because I don't still know what government get to do with the operation of binance and it's users. Na for Nigeria I see that government will leave their responsibilities, I means things that they are suppose to do to better the life of her citizens instead chasing things that doesn't concern them. Na them (government officials) the pack the money finish for their selfish interest. Na then go still come the disturb us for where we dey sleep in peace. If they are seeking from binance list of it's Nigeria users they should also provide list of all government officials that have accounts outside Nigeria financial institutions. Abeg, na from them Yahoo start and na still from them I go stop. So make them no look everybody eye like say everyone be like them. Government should allow binance and it's users alone.
9  Other / Off-topic / Re: Do you regret also for ever knowing about gambling? on: April 05, 2024, 10:55:48 AM
I don't think knowing about gambling should be a thing of regret. Life is all about learning and experience. Is only what you know about or what you are involved in that you can explain how it works or how it goes. There are some people that gambling have also favoured. There are also some people that it fails. Gambling is a choice and not by force. In gambling, sometimes we gain, sometimes we lose. At that moment when you are losing, gambling became a thing of regret. So, I will not say I regret knowing about gambling. If not for anything, at least gambling has made me to know how to forcast even though sometimes our forcast fails. In everyday of my life I forcast to know what is likely to happen in the nearest time or future. I never regret for knowing about gambling.
10  Other / Off-topic / Re: Learn to leave a dept/loan free life. on: April 05, 2024, 10:07:57 AM
It's good to Learn how to live a debt or loan free life. We know very well that it's hard to stay without seeking for loan or to own a debt. Living a loan free lunch de give us a special kind of joy knowing that nobody will harass you of been I debtor. Take for instance, if you are working in a place where you are been paid #50,000 per month. Before every month ending, you always take loan of 15,000 to pay back with interest of 5,000. From this, 20,000 is off you salary of 50,000 for loan repayment. Remember you still have your family waiting for you to send them money for feeding as you always do for the case of married man. Like say you always send you family 20,000 every month. That means 40,000 is off your salary of 50,000, then you are left with 10,000. Now the question is, can this 10,000 serve you till when you will receive the next salary? At this moment you see yourself in tension. At this moment you begin to feel sad which time you remember the loan that you are to offset 40,000 loan from your 50,000 salary. Some people take this loan not even for a reasonable purpose but for gambling, drinking, going to club, carrying woman and other such of nonsense. Taking a loan is not a bad thing but we should take or seek for loan when we have already existing business that we want to expand or invest more on. Also Note: we don't take laon to repay loan. We are not condemning the idea of taking or seeking for loan but it should for a reasonable purpose. In the instance above, if you are not able to offset the loan as agreed, automatically you are no longer free both to the lender and to yourself because at that moment it becomes a Borden and contrive you to thinking. Your mind will never be at rest. Please, loan should be taking for a reasonable and genuine reason that at the end of the day you will be able to offset the loan from what ever business or investment it is used for.
11  Other / Off-topic / Re: Who does gambling addiction affect the most? on: April 05, 2024, 09:22:34 AM
Gambling addiction affect the gambler the most. Especially when the gambler is managing to survive.
12  Bitcoin / Bitcoin Discussion / Re: Profiting from BTC: just luck? on: April 05, 2024, 09:15:46 AM
Profiting from Bitcoin is not by luck. What someone do not know or have knowledge on is bigger than the person. Profiting from Bitcoin is based on knowledge, awareness, and knowing the strategies involved in profiting making.
13  Bitcoin / Bitcoin Discussion / Re: DO NOT BRAG ABOUT YOUR BITCOIN on: April 05, 2024, 06:14:32 AM
The value of Bitcoin compare to other crypto currency has ma.de so many people, institutions and even government to put eyes on Bitcoin. Bitcoin has made so many people rich today. The value of Bitcoin is increasing everyday by day. Just like here in our country Nigeria, government is looking for all means that they will have access to all crypto wallet with the intention of been in control because they knew some many safe their in crypto currency or wallet. Look at opay before that has nothing to do with BVN and NIN. Today the government have influence opay to update all customers to input their BVN and NiN before any activity can take place. So please do not brag with your Bitcoin. Keep mute and be focused.
14  Bitcoin / Bitcoin Discussion / Re: Is it okay for Bitcoin Core development to be funded by Banks? on: April 04, 2024, 10:56:02 PM
It's not okey for banks to fund Bitcoin core development. I think if they do, Bitcoin price will go more higher because if banks should be allowed to do that, we should know that they doing that with the intention of coming to make profit. Banks as we all know can never involved in any business that they can't make profit. Look at the price of one Bitcoin now then check when banks will come to play in funding Bitcoin core development, that means the price of one Bitcoin will be ×2 to it price now. Apart from that some of our banks today are very poor when it comes to providing service or network system. Please banks should be left outside of this. Is okay the way it is now.
15  Other / Off-topic / Re: The more You gamble for money the more You become sad with Gambling on: April 04, 2024, 10:29:42 PM
Gambling is not what someone should even think of going into. There is this thing about gambling; cut one. That cut one is very annoying. Someone will select like 12 games. 11 games will play finish keeping you with happiness that you have won the games. At the end you will see that the last game will just spoil the ticket for you leaving you with heart broken and disappointment. Sometimes you will go to play virtual, after selecting the games, when the game start to play you will see the games playing well before you know team that is winning will just go play draw or even lose. Some will play draw till the game finish. Some at die minutes they will just lose or play draw after you have hope that you have won the game. Na that one pain pass, die minutes losing. At this point you will playing to see if you can at least recover your money but the more you are playing, the more you get sad with cut one.
16  Other / Off-topic / Re: Do not make gambling the only activity you do for fun. on: April 04, 2024, 10:11:17 PM
Nobody play gambling for fun. Gambling is never for fun. It's a stake which it's expectation is to make income or gain money in return. Making gambling as the only activity for fun can get someone addicted to it. When someone get addicted to gambling we all know what that means. Gambling have rendered so many homeless, cashless, and lots more. I remembered when I took gambling for fun and the only way I can make quick money apart from my salary work. The very month I was paid salary. I used #20,000 that I map out for my feeding to play bet9ja. The moment the money was sourced from me as a result of gambling just within some minutes my eye clear. The moment my eyes clear the I realized that it was my feeding money I have used to play gamble. I felt so bitter for myself. I felt pains having remembered the hunger that I will go through till when the next salary is paid. Honestly, I was really hunger. Since then I made up my mind never to take gambling as the only activity for fun. Today, I can stay more than 3 months without gambling. Gambling as only activity for fun is a very bad habit.
17  Other / Off-topic / Re: Happy birthday to me! on: April 04, 2024, 09:50:59 PM
How happy and special it is to celebrate ones birthday. It comes once in every 360 days. So we celebrate that special day without minding the circumstances around us. As for me, I see everyday of my life as my birthday. For me to sleep and woke up the next day alive, healthy and strong is always a thing of celebration to me everyday.
But above all, happy birthday to you, happy birthday to me, happy birthday to all of us.
18  Other / Off-topic / Re: Mobile phone addiction on: April 04, 2024, 09:39:07 PM
Having a mobile phone is a very good one. At least it help to facilitate information and also easy way to communicate and source for information faster.
But the rate people get addicted to mobile phone is becoming a very big issues in the society. People get addicted to mobile phone to the extent they forget when to do the right thing. Some even get addicted to mobile phone to the extent they forget their track why walking on the road side or street. Some lost focus in class why teaching is going on. So many people have lost their life's because of how addicted they are to mobile phone. Walking along the road at same time pressing their phone before they could realized they get hit by car. The issues of mobile addiction of caused so many business men and women to lose their customers. Some people will forget to attend to their customers simply because they are either watching movie or chatting why keeping customers waiting. You see some people walking along the road with earphone and playing music causing them not to hear what is happening around them. The issues of mobile phone addiction is a very big one in the society.
Please, we should always know the right time to use our mobile phone because there is time for everything. Your phone is your phone. You can always use it when ever you want but not at the wrong time.
19  Other / Politics & Society / Re: Does power really corrupt? on: April 04, 2024, 08:41:29 PM
Any man can withstand adversity. If you want to test his character, give him power. Yes, power corrupts. But power does not corrupt everyone equally. Power didn't corrupt ordinary people. It corrupted people who already learned toward corruption.
People themselves are corrupt, but people without power have no chance to exercise that corruption, because corruption requires power.
Some individuals seek power with the intention of abusing it for personal gain, while others may start out with good intentions but become corrupted by the influence and opportunities that the power provide. In all, power really currupt.
20  Other / Politics & Society / Re: freedom of expression on: April 04, 2024, 08:32:05 PM
Freedom of expression is a principle that supports the freedom of an individual or a community to articulate their opinions and ideas without fear of retaliation, censorship, or legal sanction.
This includes political speach, views on religion, opinions and expressions that are favourably received or regarded as inoffensive, but also those that may offend , shock or disturb others.
We have the right to say what we think, share information and demand a better world. We also have the right to agree or disagree with those in power, and to express these opinions in peaceful protests.
Note: exercising these rights without fear or unlawful interference is Central to living in an open and fair society; one in which people can access justice and enjoy their human rights.
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