>>this is a kind of proverbial statement , which highlights different aspects of life too other than trading.
But in trading and as a trader it's helps you be a bit rational and less irrational in decision making, rather than being emotional when you have losses in trading, you should actually see it as something that's always meant to happen. Its like a learning process that never ends.
Anytime you trade always be self prepared for losses, but at the same time keep your hopes high for  positive results.

>> so many people prefer investing in shitcoins just because it offers higher growth potential than Bitcoin.
What they fail to understand is that , investing in altcoins carries a lot of risk and you need thorough research before making investments decisions, if you've taken the decision to invest in Altcoins then get ready for potential looses.   I'll also advice you never use your all to invest!

Bitcoins advantages makes it a reliable store of value and medium of exchange.
The price of Bitcoin has really swept people off their feet, I mean imagine if maybe ten years ago you had a good amount of Bitcoin and you decide to hodl .
Imagine how you'd be now!
So the best thing is to use the DCA investment strategy in Bitcoin rather than investing in all this shitcoins.

you talk well my brother, I know say all of this follow for the negative impact of AI, after all any thing wey get advantage must follow come with disadvantage, concerning this fact say e go make people lazy, e depends o no be every body go mumu dey fully depend on AI to a point wey e no go fit get time dey do research or to dey do em own personal analysis!
But nevertheless as I dun talk before , dey world dey advance, and we need to dey move with the times.

We all know how profitable trading can be and how frustrating it can too, but nevertheless never try to get back at the market.
Just because you've lost a lot doesn't mean you next strategy is getting back all your losses on one piece . No!
First of all you have to see to it that you are psychologically prepared to trade, you need to build confidence..
No matter how much you've lost you need to take a break, get your mind off do something that can help build confidence, restrategize
Trade risk free, trade like you haven't had any losses not like a gambler.
A friend of mine who lost hope in trading was advicing some one else , he said " if you wanna go into trading you need to have a family doctor close by"😂
I laughed my eyes out, but in order to avoid the same ordeal he went through I learnt to trade this way, I make sure I bear in mind that no matter the outcome I'm ready for it .
This is how you trade, it's all about composure, belief etc.

Good evening my country people oo,
As our economy dey so , I know say this matter no be matter person suppose even dey advice you, nobody go tell you to double your hustle make you for fit survive.
Few days ago e get person for my work place we be say e dey always come work early, e dey do em work diligently and na very small amount them dey pay am as daily pay , Dem dey pay about 2500 everyday without any monthly commission.

This man no dey ever complain, something wey make me and others dey feel say na based on ignorance and em foolishness, how e go dey work very strenuous work and e no go complain about em pay!..... Well Sha , e dey accept em 2500 with joy.

So now yesterday wey we come work, we come dey hear one kind shocking news say, this man dun die!
E shock people oo but me Sha I no shock, e no too teyy rumors come dey gather say na ulcer kill am..
Now I never hear say ulcer kill person before but true true if na ulcer , we know say certain things like hunger and some other things fit cos ulcer.
Then if na hunger kill this man e come make me reason am say true true e be like some people just like suffer.
Although I no dey ,dey dept were em dey work but we dun get meeting with their oga make Dem for fit increase their wages..
But nevertheless man need get more than one way of surviving for this naija!

well, if a regulatory body is created, I'm expecting the body to define legal frame works, licensing requirements and operational standards.
And also to implement measures to protect consumers funds, prevent frauds and scam!

We all know that Bitcoin is a decentralized system, and user's are tasked with the responsibility for their own security and protection.
But what if a body , a regulatory body is been setup to enhance Bitcoin security and to enhance other factors that could make Bitcoin better .
I know an idea of creating a body that should regulate, will only undermine Bitcoin decentralization.
But with the rate at which scamming and all sort of fraudulent activities take place in they crypto space, something has to be done ! And fast
What would be your take on this, I hope this topic is worth discussing!

Good day everyone on this beautiful forum.
We all know how trading can be for everyone , everyone is there to make profits (money) , but the fact some people can go to length in using all they've ever had to trade is mesmerizing!.
Some even go as far as getting loans , borrowing from friends so they could trade, or invest in some altcoins..
The same apply to other things like sports betting, gambling and all of them.

I had a friend who took a loan from the company he works for , about 30,000, which would then be deducted from his initial salary.
He then went on to use this money to trade , now psychologically he was just not ready for it because his whole mindset was just about making a huge amount of money that he ended up loosing everything.
So my advice to people who hurrily invest and use all the have is that the market is never running away.
Do not stake your all! Be patient follow guidelines, learn how to trade safely , thank you!

Exactly, knowing them your self is way better, but I'm only talking about the positive impact that AI is actually bringing to the table.
I know so many people don't really trust this AI or some just believe it's something that's gonna make people less effective and computer's more effective.
But the whole idea is just to use it to your advantage at this time.
 Remember the world is advancing, so should we

I hope the hearing of the lawsuit won't be in a Nigerian court.
Because if it is, then it's probably a waste of time, we all know how rigged our system is.
Nigeria I know , the elites are somewhat above the law.
So I don't really think this will go a long way

The rate at which fraudulent activities is been carried out around the Bitcoin space is alarming.
So many scammers here and there, I just hope there is a way to attack such scammers!

there are a lot of ways AI can improve security.
For example, AI can detect , identify and alert user's to phishing scams.
AI- enhanced wallets detect and prevent unauthorized acess
There are a lot of ways AI can help improve security, you can do a research yourself.

My country people una good morning oo, with the way AI dey really dey rampard over this few years, I say make I talk about how e go really help the Bitcoin community.
As AI and Bitcoin dey continue to evolve their convergence fit reshape the financial landscape, and e fit unlock new possibilities , opportunities and challenges.
AI and Bitcoin dey really transform and revolutionize dey way we dey live .
Wetin AI dey do e plenty well well , my prayer be say make e for try dey advance more and more!.
Ai dey enhance trading efficiency.
E dey improve security ,
E dey optimize investments strategies, dey list plenty..
I dey see a new world of possibilities with this AI.

First of all, I would like to show you similarities between Bitcoin and gold.
The value of both are driven by both scarcity and demand.
The both are decentralized, and the both have limited supplies, the list goes on...

But despite this similarities they still have their differences, Bitcoin is easily transferable while Gold isn't .
In Bitcoin transaction is transparent, but with Gold authenticity can be disputed etc.

The fact Bitcoin is volatile and gold is more stable , and the fact that gold has high liquidity and Bitcoin is still growing, makes investments consideration quite tough.
Bitcoin and gold  share similarities as store of value,and hedges against inflation.
However the differ in transfer speed, portability, security and transfer speed.
If investing, investor should consider their individual financial goals, risk tolerance and market understanding.

>>They are so many misconceptions about Bitcoin, if I should start mentioning I could end up being bored while typing. The list goes on and on.
I had an argument with a friend just yesterday, who seemingly believes that Bitcoin is being controlled by a single entity and Bitcoin is not secure.
He said a lot to back his claims which although I can't remember his pin points though.
I knew once that he doesn't really know much about Bitcoin so I decided to back out of the argument.
Misconceptions like this are merely caused by lack of education (Bitcoin related) and sometimes education in general.
There even might be people in this forum who have similar misconceptions, the question is how do we tackle this misconceptions?

As a trader , our ultimate goal is making profits. No trader loves to losse.
There are common factors which makes a trader loose while trading, factors like ,
* Lack of education and training
*Insufficient market research and analysis
*Emotional decision making
*Greed, fear etc
*Poor risk management.
And the list goes on...
There are need to counter all of this factors that could make us loose money in trading.
And on of the ways to ensure this is in prioritizing risk management,  set a clear financial goal, implement risk mitigation strategies, identify critical risks etc.
Continuously monitor and adjust.etc
There are so many ways to go about this..
Prioritizing risk management is one of the safer way to earn on trade.

I mentioned following the trend as my strategy, to be precise, parabolic SAR, which helps identify trend direction and potential reversals.

I also use parabolic SAR (stop and Research) it makes trading a lot easier for me in terms of managing risks.
It also helps me identify trend direction an potential reversals..

DCA is quite safe, I use the parabol SRA (stop and Research) to identify trend direction and potential reversals.

>>not many would agree that there is a safest way, but indeed they are safe ways to trade in other to minimize your losses.
I've been trading for quite sometime and I've used different strategies in other to make profits, and following the trend been one of them.
I see this strategy as been the most safer, because it minimizes your losses and sure brings you profits, only if you are a patient and long term trader.
But since we're all here  I know many people would have different strategies of their own. Drop a strategy you u think is the most safer and reliable.