It's a challenging time for cryptocurrency enthusiasts in Nigeria, causing significant disruption. Previously, we relied on escrow services for transactions, though these services are not free and can't be expected to handle every trade, whether large or small, like exchanges do. Telegram once offered the ability to trade P2P with certain blockchains, which might be worth revisiting
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Yeah that’s true and I have experienced it too wherein we were lured to invest into new coins but ended up losing it all. It’s always better to stick to Bitcoin as I made a mistake in the past by investing my bitcoin gain into altcoins and I will never repeat it.
The failure of altcoins only strengthens the trust in Bitcoin, highlighting it as the cryptocurrency with the lowest risk. It's important to remember that even during bear markets, Bitcoin often performs better despite price dips. We should be clear about our reasons for investing in altcoins but never neglect Bitcoin and other top-tier coins.
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Lately, there has been a lot of buzz about meme coins, with many expecting them to yield remarkable returns similar to Bitcoin. I believe this enthusiasm comes from those who missed out on Bitcoin's profits over the years and are now seeking a token to recover their losses. However, we must remember that last bull market for meme coin surge was unprecedented and unpredictable; it may never happen like that again. Pumping a coin for an extended period is very expensive, and the significant accumulation of meme coins before the pump allowed developers to achieve massive returns, making it easier to drive the price up.
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To pitch any investment idea effectively, you must demonstrate your business and investment expertise, showcasing a track record of success even if there have been some setbacks. Potential investors need to be confident that you won't squander their money before they even consider the business proposal. While Bitcoin is a recognized and successful entity, its volatility and the widespread media coverage require you to provide compelling evidence that their funds will be secure.
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can you share the website of the project?
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Bitcoin carry the lowest risk and are likely to outlast other cryptocurrencies in the market, others are risky. Before investing even a small amount in a meme coin, it is crucial to understand who is behind it. Take profits as the price rises, and resist the temptation to buy more during the pump to avoid falling into a bull trap.
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They do not like debt, but they need funds for their large projects, and banks trust them to repay or have sufficient collateral to support their borrowing. However, some countries, especially in the third world, do not have financial systems capable of supporting such borrowing. Debt is far better suited for investment than for daily living expenses, and this is a principle the wealthy exploit effectively
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Identifying credible projects on the forum has become increasingly challenging, largely due to the forum's influence within the cryptocurrency space. Unlike social media platforms, we lack significant influencers here. Consequently, there's a decrease in crowdfunding activities, which were previously quite attractive during campaigns. My primary strategy for identifying promising projects is to focus on individuals who show genuine interest in the project.
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I think a lot of families do this.
They put in money in a bank account in which they dedicate that to their children usually for their college fund or something like that. I do see the point but honestly I think it would be better if you just put it in to crypto. Even if it is locked, fiat money will still lose value over time unlike in crypto especially in bitcoin.
I am cautious about advising individuals on the long-term retention of Bitcoin for their family or children. Its security vulnerabilities make it susceptible to theft, with little to no possibility of tracing or recovery. Instead, a portion of such investments could be allocated to cryptocurrency, while the rest could be diversified into more stable assets like fiat currency and real estate. Although these alternatives may offer lower returns on investment, they provide easier and safer avenues for wealth preservation
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I won't set a specific price target for this market downturn, but I will aim to stay within 15,000 units below the peak. This downturn feels distinct from last year's, as the price surged leading up to the halving. What's intriguing now is that the halving hasn't occurred yet, yet we're already seeing all-time high prices. This suggests there's still significant room for upward movement.
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Go for the gambling, gaming and AI coins. I dont think it over with them but one might have to do a lot research on the developers for the products and the roadmap. I will try to avoid long term vesting period, anything above 8 months is not safe in the market, I dont mean the bull market may be up in 8 month but a major part of the investment ( 75% and more) should be one portfolio
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He needs to know all the sides of the coin with trading on cryptocurrency. It is still a lot of risk and all the big investors are conservative on the profit they want and exit time, so he won't regret taking the decision. I can't assure anyone 2x from the present price of bitcoin but I can see other altcoin do that . So it is a tricky choice of coin to invest in at the moment
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I think both could definitely generate profits but it’s not exactly about that. Cryptocurrency and stocks are two different things and have different audiences. Some may even have invested in both. But bitcoin offers a different kind of utility when investing in it compared to stocks. For me right now at this point of my life, bitcoin seems to be the safest option and the most accessible one.
With bitcoin, there’s utility and function but with MSTR, aside from profit I don’t really see any point in investing in it.
If financial feasibility allows, both approaches will be incorporated into my strategy. MicroStrategy, a reputable company with a proven track record, prioritizes safeguarding its reputation. Moreover, they possess diverse investment opportunities beyond Bitcoin. With their capabilities, they can aptly make sound decisions for investors, provided they are inclined to do so. Opting for their services not only grants access to their expertise but also empowers investors to actively manage their portfolios at any given time.
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I am not sure people are still reading posts or type anything else in bounty thread than submit activities and join campaign. i dont know if it is a conspiracy but it is said that the bounty manager of this campaign has run away with the money and the project team are planning to restart a new campaign. My concern is the way the team accept to restart without going after the manager, it is kinda suspicious
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Both Arsenal and Manchester City are under pressure, none of them wants to lose that is why the first half of the match was not interesting to watch because all the two teams were very cautious, they don’t want to make any mistake that will caused them a goal because any team that concede first might end up losing the match.
I sense that Arsenal is facing greater pressure compared to Manchester City. This stems from their current position at the top of the league standings and the lingering impact of last year's encounter at this stage, which resulted in them losing their top spot. The fact that they are not playing on home turf adds to their challenges. On the other hand, Manchester City enjoys greater possession and the advantage of playing at home. They recognize that the competition involves three teams rather than just two, unlike the previous season
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How old is this project and why does it have such a small community on Twitter and Telegram. I am not advising you to get fake followers but I believe if you get a good project and could convince few long term influencers and traders in the space to join you, then you can get the attention you need and get an head-way. The presence of this people is so attractive than you could ever imagine
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Is what am seeing right, what is the percentage of the airdrop for your tokenomics?
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None of these exchange developers can evade legal consequences for money laundering. However, when they're pursued by the law, it often seems they're primarily after their cut of the profits, leading to settlements behind closed doors. Kucoin isn't a newcomer in the exchange scene, and I have confidence in their ability to manage such situations effectively
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Ethereum's alternatives and competitors. See how Ethereum compares to similar products. Ethereum's top competitors include Solv Protocol, Radix, and Avalanche. Solv Protocol operates as a one-stop platform and a decentralized liquidity infrastructure for creating and trading nonfungible tokens (NFTs).
Radix is not in the race at all, far behind at -88% from all time high while other are around -30% and below . This could be an indicator for competition if it is far behind and we can see nothing soon, I will rule radix out
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