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1  Economy / Gambling discussion / What is gambling to you, a fanfare or potential financial havoc? on: April 12, 2024, 12:46:29 PM
Everyone has his/her own personal view on the subject of gambling and it always lingers on this two perspectives in the society and also has an impact on the way people view and approach it. Gambling in whichever form it takes be it a play to earn stake game, online casino or simply playing with friends, often sparks a debate on its true nature as a fanfare activity or a financial trap to wreak people.

My experience
On March 26th, 2024, my friend and I visited a bar, where he normally played snooker with his friends, I would always sit close to watch and cheer him up while I drink and hardly played cause I'm not good at it, one of his play mates challenged him to a bet on drinks, with rules lower buys drinks for the next person for each round, my friend got serious and was on a winning steak and the scores was 12-3 under 2 hours of playing, while at the beginning of this game it was more fun fare when the score were still some how even and reachable, but now the other guy was sweating probably because of the price of the drink which was about 3k(3$) per bottle for the least beer, the look on his face has totally changed and I believe he never planned for the game to go that way.

Now while some folks would argue that gambling is fanfare, I believe there is a line to this and it gets to a point where we could wreak ourselves if you are not careful, no one needed to tell me, that fellow was grieved by his losses which was not supposed to be so if we are just having fun.


Gambling as a thrilling or exciting activity
For many persons, gambling is a very good way to add thrill to any activity or game to make it more entertaining, playing a regular game with nothing to gain or lose can be at time so boring and would hardly bring out your best but with a price involved everyone gets serious and wants to put more effort, making it a fun to be a part of.

Like when we normally set football competition in my street and everyone would have to contribute an amount to participate, it makes the whole event more thrilling and engaging for all.


Gambling as a pitfall trap
We all know how easy it is to get a habit out of gambling, that excessive dopamine would just make you going back for more untill your well out of control, the byproduct of gambling Is clearly a financial wreak and the idea of easy money or double your cash seems can lure even the most discipline into blindness and eventually a gambling addiction that would lead to indebtedness from chasing losses. With this much bad side gambling can also be seen as a dangerous social activity that can lead many to ruin if left unchecked.

The idea of personal responsibility has always been the key to evade from addiction but her is the big question.


How can one draw a line between having fun and getting addicted since they occurr in the same process?

Would education on gambling side effect help some people nor to get too engaged in it despite the thrilling experience it can offer?

What is your personal view on this[/b]
2  Bitcoin / Bitcoin Discussion / Do we really need to blame fraudsters on: April 05, 2024, 06:02:34 PM
The Big Question

Who Is Really At Fault?

Have you noticed that whenever someone complain or there is an incident of scam they is always a role that was played by the person in that happening, either they failed to be security conscious or they were totally ignorant, and when you look at it the scammer never forced them to comply, this people willingly fell for their trick (Now to be clear I'm not saying scammers are right or saints, I'm pointing to the fact that we are responsible for ourselves, so enough of that shitty excuse, yeah the Internet would be a safer place without scammers but there are here, so deal with it)

There are lots of crypto investors that are well educated, have a good job and a higher level of exposure than even most scammers, but they chose to enter into the crypto space irresponsibly and they inevitably get scammed and at times lose huge sums of money or even life savings. Last bull run there was this Elon musk swap scam that was on and someone lost 10 bitcoins to it and even other cases where people have gotten scam through crypto ads or crypto exchanges that shut down and all this would have been prevented in a way.


In conclusion
there are numerous experiences and stories of people getting scammed and it wasn't as tho a high class hacker went into the blockchain or stole their seed phrase, they literally gave them their money, I think no matter the new app with added security or software, people would still fall into scam as long as they chose to remain ignorant and disregard security consciousness, we can not protect anyone's holding for them, no matter how many treads on security and how to avoid scams are introduced, at the end of the day its a personal responsibility and each person must play their role in their safety.




With crypto you gotta have high standards when it comes to safe guarding it. There are crazy scams all the time and so elaborate that even some bitcoin devs fall for them.

It's so funny how people would be so careless in the crypto space, and you would wonder if there knew what they were doing, it's decentralization for God's sake which means you are responsible for yourself you can't go around messing with what you have;

  • your safety is in your hands
  • your improvements is also in your hands


I think if more people accept that it's their responsibility to protect and safeguard themselves and also filter the information they consume, we would have a reduce in the amount of scam that happens.

Firstly, I don't think there is any need for the big question in bold, here. Because obviously you're not disputing the fact that not only one plays the role in scam rather the both party does.

It's very much obvious that both the scammers and the scammed plays a very big role in every scam case but the fact that this scammers are just so greed not to go work for their own money rather prefer to take from people who have worked for themselves, that's the only place I blame this scammers hence, I thing the people scammed in the crypto space especially with the Ponzi scheme scam are truly at fault for there lost coins. Greed plays a major role in this scam case most victims are very greedy to the extent of risking their money to get more with someone who you don't even know.

It's just poor to see such scenarios but it's true that both party plays a very big role in every scam, but we pray circumstances don't befall us hence we could be save in the crypto space, because for sure there is no 100% safe place in the internet.

Yeah they played a big role in fooling you and also held your hands and forces you to send your bitcoin to them, then you go around screaming I was scammed, doesn't that sound lame to you, the truth is that your were ignorant, careless and failed to be security conscious, yeah your so busy crying out for decentralization and most you don't know what that really means, you in fucking control, no one is responsible for you but yourself, and scammers know that and that's why they exploit the shit out of you, if it's so fun been ignorant your free and can continue blaming the mirror for showing you how ugly you are than applying some make up.

If more people realise that decentralized systems isn't like a banking or centralized system were you can go and report a transaction and they seize the persons money or track the person( although its possible if they are not smart enough) then you would be more careful when doing deals here.
3  Alternate cryptocurrencies / Altcoin Discussion / What's your opinion on this on: March 14, 2024, 04:13:55 AM
I was juts scrolling through Binance new and I saw an airdrop from Pepe coin worth over 1 million dollar and I clicked on it to see how I can participate in this amazing airdrop as I read through i saw that this airdrop to participate in it I needed to send them a tip and I was wondering if Binance now promotes scam or if this is ledgit, does anyone have experience with this or should i bail.
4  Other / Beginners & Help / A mistake you would surely regret on: March 11, 2024, 10:02:53 AM
Yes it's another bull run and everyone that invested in a scam project or lost money in the last bull run are already filled with FOMO and shouting to the moon for new projects they have no knowledge about, many Influencers are out again promoting new projects and promising huge returns and you can see a lot of persons in the Comment section following and wants to invest.

Don't let the green you see everywhere confuse you to forget the basis of investment, do your own research and don't follow the crowd that has no knowledge in what they are doing, don't let greed push you into looking for outrageous profits like 100x on new projects and you end up losing your money to scammers.

Avoid rapid investment or aggressive investment by putting money in every project available, take your time to research and make informed decisions, it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.

Lastly invest what you can afford to lose, or rather stake what you can afford to lose cause I know no matter the advice many read they woudl still invest in shit coins so stake what you can afford to lose.
5  Other / Beginners & Help / A little ignorance and you can lose all your holdings on: February 16, 2024, 03:52:24 PM
I came across the post on Reddit about a guy that took this hard drive that he stored his bitcoin to a data recovery specialist to fix it, who told him that his 276 bitcoin has been stolen, wait a minute how, his hard drive was bad and gave it to you to fix it and then you told him it was stolen.
It's a shame how people would still act so unwise with their holdings, I know its not his fault that his hard drive got bad but at least he should have taken some measures to secure his holdings, and now there is no proff that the so called data recovery specialist was the one who stole it or not.

Lesson learnt: always be smart about your holdings, cyrpto currency by nature is so easy to steal if someone has access to the right things, it's just like giving a brief case containing your documents to your properties or maybe a million dollar to someone to open it for you and when he does what happens, do you expect him to be honest about it, although for now we are unsure it was stolen by the specialist but all arrows lead to him.

I think people should get more educated about bitcoin even before teaching them to accumulate it cause if they are not careful they end up losing it and think about losing 8 years with of accumulated bitcoin just for a ignorant decision like this.

Here Is a link to the post on Reddit.
https://www.reddit.com/r/Bitcoin/comments/1as7agq/bitcoin_core/?utm_medium=android_app&utm_source=share
6  Bitcoin / Bitcoin Discussion / Just hold in patience, nothing can stop the raging bull when it comes on: February 16, 2024, 01:17:20 PM
I do remember earlier this year or so, when bitcoin just showed its first sign of bull or we were still anticipating, i tried telling some of friends that we might be entering a bull soon cause for a while now since 2021 bitcoin has not come anywhere near its last ATH and some of my friends that lump summed during that period are still on a lose on their portfolio and were thinking of selling, even when bitcoin reached 41k and then reduced back to 35k when Grayscale where selling massively I could see lot of tension on some persons, then it occurred to me every time something new wants to happen in bitcoin history it always brings this panic that causes the weak hands to sell, I did my best telling them to hold a little longer and I won't blame them, especially when what they had planned to use the money for is due and some would say how would you know what it's feels when your just starting, yes true I might not have been in the business of holding for long but one tho I am sure about is nothing can stop the raging bull when it comes.

We all know that bitcoin would only continue to be scare as times goes, right now their is no asset that can be more scarce than bitcoin, not even gold and bitcoin offers more than an investment opportunity but also a good store of value.
And right now I can see a lot of happy faces as bitcoin reaches a new hight of 51k, I do believe a little correction might occur, but let's not be surprised that all our patients and steady buying might payoff soon as bitcoin can reach a néw ATH of 100k, its still early in the year and who knows what to expect.

Just hold and keep patience right by your side.
7  Economy / Speculation / What do you think? Lump sum vs DCA best accumulation strategy. on: February 09, 2024, 03:26:27 PM
Okay First off, let me say that I'm not attempting to talk down on any accumulation strategies; in fact, I know they're both excellent and may produce positive results for anyone using them correctly on the appropriate asset.

However, in this instance, I'll start with lump sum because I want to really compare it against DCA as an accumulation strategy for bitcoin.

Purchasing an asset in full or a huge amount at once is known as lump sum investing. For example, if someone wanted to buy bitcoin right now, I would have to do so at the current price all at once, or I could have to make a sizable one-time payment all at once.


But what I think about this is that, its not a very good strategy to approach bitcoin with and I'll give my reasons for saying this.

👉Lump sum does not protect you from bitcoin high volatility and unpredictability.

Investing with lump sum in a highly volatile asset like bitcoin may not be a good idea, especially if you are a novice investor with little experience with high volatility. Just think of the people who were shocked by the price of bitcoin at its all-time high in 2021 and decided to invest lump sum, perhaps thinking it would rise in value or perhaps even hoping to hold their bitcoin for a year or two. Even now, the price of bitcoin is nowhere near their purchase price, and their portfolio may even be losing money; some of them may have even sold their bitcoin with great regret.

In order to use lump sum effectively, we must be well-versed in bitcoin and know how to time the market to buy at a lower price. The tricky part is figuring out the low price, though, as we all know that any given bitcoin could go up or down 10 times in a week. Timing the market, in my opinion, is likely to cause hesitation and even indecision, especially when trying to profit from bitcoin.

The only situation in which I believe a lump sum to have little to no negative impact is if you intend to hang onto it for an extended period of time. Even so, novice investors may still experience anxiety if they purchased at a high price and with a substantial quantity, since they may have to sell all of their possessions and incur a loss.
Additionally, it is advantageous if you wish to invest a large sum of money in bitcoin all at once but do not have a reliable source of income.


Let me now discuss Dollar Cost Averaging, or DCA for short. DCA involves making frequent, small-scale investments at regular intervals, independent of the asset's price. Instead of investing my entire $25k in bitcoin at once, if I wanted to employ DCA, I would split it up into smaller amounts and make my investments on a monthly basis. The beauty of DCA is that it is a beginner-friendly strategy that protects the investor from high market volatility because you would be buying at nearly every interval and market shift. All you need to know to get started is the fundamentals of bitcoin and how to buy.

But that doesn't mean it doesn't have a drawback. DCA can only shield you from volatility for as long as you use it or for the duration of the time you use it to purchase it. To use DCA effectively, you need to have a source of income and a long-term accumulation plan in order to amass significant amounts of bitcoin.

I have a few reasons of my own why I do prefer DCA

👉it's cost effective.
Anyone can start using DCA with even a minimum amount of 10$ per week and I do t need to have a huge amount of money to invest or buy bitcoin.

👉it's flexible.
During my time of using DCA I've at time Done some crazy stuff like investing a higher amount in a week cause of a certain price decrease and sometimes playing around with my allocations to suite certain conditions that I anticipated would happen. So as a newbie investor DCA would help you get acquitted to the market and help remove your fear of volatility. I know this practice is not pure DCA  but I just do it sometimes.

👉it helps grome a long term midset
DCA is the a strategy that supports long term investment the best, cause it teaches you to invest at your comfort and to build emergency funds and reserves and not to tamper with your holdings. With DCA  an investor has already set a long term goal because he feels that before he would have a substantial amount of bitcoin he would take some time to get there and by this he is already learning patience and discipline as an investor.

So in overall this are the advantages and challenges a lumps sum and DCA investor would have.

Advantages of Lump sum

👉Ideal for investors that have a high tolerance for risk and a long time horizon.

Advantages of DCA

👉Provides a disciplined approach to investing, reducing the impact of market volatility.

👉Beginner-friendly and does not require extensive market timing skills.

👉Allows for flexibility in adjusting investment amounts based on market conditions.

👉Encourages a long-term mindset and disciplined saving habits.



Challenges of DCA

👉Requires a steady source of income to maintain regular investments.

👉Might lead to lost chances to profit from notable price declines if not complemented by sporadic large-scale investments.

Challenges of lump sum

👉Exposes investors to the full volatility of Bitcoin, which can lead to significant losses if timed poorly.

👉Requires market timing skills, which can be challenging even for experienced investors.

👉May lead to regret and panic selling if prices decline shortly after investment.


So in my opinion lump sum is not the best strategy for this reason to me, mind you I do use lump sum, when I'm buying on dips, but I don't allocate much to it and my basic strategy is DCA which I consider the best for accumulation, if you think otherwise or have anything to point out to me I'm very much ears to listen 😎🥰.
8  Local / Nigeria (Naija) / How would normal Nigerian survive naira inflation on: February 05, 2024, 11:45:14 PM
For a while now, I just dey see this news about naira inflation and me I come dey reason how other other Nigerians wey no dey into crypto go use take survive this inflation, how are they going to store their value without having to bother about too much knowledge.

I know bitcoin would be the first option but many Nigerians don't know about bitcoin and even if they change to dollars its still suffering inflation too, wat do you think would be the fastest means that a common Nigerian man can store his monetary value.
9  Bitcoin / Bitcoin Discussion / Making informed decisions is our responsibility on: February 03, 2024, 07:27:41 PM
One thign I am sure that we cannot neglect as crypto enthusiast is the our need to continually be informed and make good decisions, to be a part of a fast growing and information based space like ours(crypto space) does come with a responsibility that all of us must bear for ourselves and that is to seek knowledge.

As members of this community, relying on our past information would be very shortsighted of us especially when
Scammers are continually looking for new ways to compromise our security and get to us, sudden news can happen that can throw traders off balance or even make us holders to miss out on opportunities to buy cause we were ill informed. Just one wrong move, like clicking on a malicious link or ignoring critical news, can have very negative consequences. Also, the right information can lead to significant gains or safeguard your holdings.

It Is important and for our own good that we dopt a culture of continuous learning and upgrading our selves, by staying informed we would not only protect ourselves, but also increase our chances of success, there are countless reasons why making informed decision is good, but action on this solely is our responsibility and only we can make those decisions for ourselves, yes indeed the community is here to help you, but at times before you know it your already and victim. knowledge is power, and it's up to us to harness it for our benefit.
10  Other / Beginners & Help / The lessons I've learnt as a bitcoin long term holder on: January 27, 2024, 11:42:50 AM
During my early days as a bitcoin holder, I did face many challenges and learnt some new lessons along the way. Much improvement has been made and I also believe lots of new investors or potential investors who might want to start investing or are in their early stages can learn a lot too.


👉 I've learnt not to procastinate: around 2022 when I first wanted to start buying bitcoin, I was busy procrastinating on when to start investing in bitcoin cause I was waiting for the right opportunity and price that would be good for me to start investing, I would always find myself checking bitcoin price, reading blogs about speculations, I set a target that once bitcoin reaches 10K I would start buying and this never happened, I missed so many opportunities that was so nice to start, even when bitcoin reaches 15k dip on November 2022, I didn't still buy. This procrastination and waiting for the best price really dealt with me cause I did not later end up investing in bitcoin through out that year and that was a whole year that if I started DCA with even 5% from my income at that time would  have been a plus to my portfolio. So I've learnt that there is no perfect time to start investing in bitcoin, no matter the price of bitcoin you can start your investment journey, waiting would only cause to to wait more and miss opportunities that never come back.

👉Don't panic and apply discipline: during my early days as a bitcoin investor, I see the price of bitcoin fall lower than my buy point at times and my portfolio would seem as tho its On a loss, and at times this could end up happening for months or weeks and i would start to panic and end up selling my bitcoin and after a while bitcoin price would bounce back and I would end up regretting. After falling for this twice I made up my mind to be disciplined about holding bitcoin and I started building up reserves, so instead of panicking about dips, I started buying more on dips that way i felt comfortable that either way I'm still winning.

👉 Mind who you tell about your investment: there was a time i showed a friend of mine(very close) my bitcoin possessions, ever since then he would keep on asking me to sell some let's get something when ever we wanted to go out and if I refused, it would be as tho I don't want to give and most time he would just start telling me all the bad news about bitcoin and it was not very fun since he knew about my investment in bitcoin. Speaking from experience I think its not wise you tell people about your bitcoin holdings, unless you are taking investment advice from them and they are fellow holders like you, that is if you must.

👉I learnt how to manage my cashflow: prior to when I started investing in bitcoin, I saw it it important to have a good cashflow management character, i would just spend and live my life without calculating my expenses and at times I would spend money before removing my DCA allocations and this was bad because I could save, I was always in panic. I learnt how to manage my cashflow properly as I became more determined to really buy bitcoin and I became more strict with my DCA. I also started building up my emergency funds and reserves and I created a spending budget monthly that I must follow. It was hard at first tho since my former lifestyle required me to live like that cause we were more into the party life 🤭 and it also made me distance my self a bit from my old friends 🤧

👉 Always be comfortable with your investment allocation and strategy: when is started using DCA newly I used to be very aggressive , while this was not very bad, my approach was wrong. I used to pump money into bitcoin on intervals that were irregular and my allocations where also irregular. Any money I get or extra income I earned I would just pump into bitcoin and this caused me always find myself in situations where I would have to dip my hands back in my bitcoin to cover up some needs.

👉 Be among like minded individuals: taking investment advice or even telling no coiners or low coiners about my investment decision was the worst thign I did as an early investor, I was so many Reddit communities on bitcoin as a subject and when ever I say I'm DCAING into bitcoin, you would hear things like with the current price you would never make it to one bitcoin cause the price keeps rising, go and find another project and all that. This made me feel like I was the only  person around that was investing in bitcoin.

I really owe a lot to this forum for making it this far and finding a community where everyone is willing to help you out. I only grew thsi quick because of you guys .

Who else is optimistic about the halving as I am, it would be bitcoin birthday soon, hope your all buying now

11  Bitcoin / Bitcoin Discussion / Gaurd yourself this year against crypto scams on: January 24, 2024, 12:44:37 AM
It's a new year again and we all know what lies in wait, scammers are thinking of more innovative ways to decive and pollute the crypto community again and the one I hate the most are these wannabes that come and taint our fav coin image by creating not just inferiors but empty coins. They come I form of rug pulls, pump and dump all trying to scam crypto users who are ill informed. Not to long from now one new Influencer would start promoting a new rugpull, pls let none of us fall for such silly tricks anymore we are way past that already.

But any way let me remind you of how you can quickly save yourself from falling into these malicious snares.

👉get rid of your get rich quick mentality : I know a lot of persons would be expecting me to say read their whitepaper, but like I said this guys are getting more smart and making a good whitepaper with excellent road map and all would not be a problem to them. But thign I know they can't change so easily is their offers, they would always work on your greed, trying to entice you with silly offers that are so good to be true. I'm crying 😢 right now cause I also wished they were true, but sorry they aren't and don't fall to such this year.

👉 track their anonymously: so far I've noticed that most scams don't project any team members to the public and if they do they are mostly fake and this way could be very effective than reading a whole whitepaper. Check if the project has any real life representative and follow them up and see if they are posting in line with their big project in hand. Why i feel this is a good idea is because they are still afraid of the government too.

👉 yeah and  finally stop listening to influencers: many persons that have fallen for scam was found following one influencer or the other. Just know this people don't have you in mind and would promote any shit to get paid. Always do your own investigations if you must invest in any new project.

👉only invest in bitcoin 😎:  by know we all know that bitcoin is the only reliable crypto right now. And I have history to prove that, to me every other  project is not decentralized as they claim to be because they still have a kind of supervisory body even tho they claim not to, people did fund those projects remember and they would want something, nothing is free, no altcoin is completely decentralized.

 Whole bitcoin on the other hand is developed by the bitcoin community and even the creator has no hand in it again . Now there is something we can trust.


Stay safe yall. No scam getting us this year

If you could add pls do we have everyon3 at heart ❤ 💙
12  Local / Nigeria (Naija) / Gaurd yourself against crypto scam this year on: January 24, 2024, 12:21:57 AM
My fellow country men, we know how this things dey be for the country, e no go Tey now one new ponzi scheme go come out with their own offer, and you go see say many of our brothers go fall inside.

I know say many if us here know this things, but the things wey dey attract us fit dey different too, very soon one new crypto go come out, all of Twitter go dey shake, one Influencer now go carry am for head, you no go know say nah better rug pull dey wait their or pump and dump.

Una remember the story of  squid game, how they just come out with hype carry people money run. I no go fit advice say make una invest in only bitcoin, but make una try do good research, infact if possible pick only 2 altcoins invest in. But know say na only bitcoin wey dey fully guarantee.

Abeg my people make we no go give any body Free moni, besides Niger men we wise so make we apply that wisdom, even for our crypto journey too.

Make I no talk problem no come give the small solution I know.
 
How to identify this their scam  people wey come in form of ledgit crypto

👉 Read white paper: crypto project normally suppose undergo stages of development, so this project they get watin them dey call white paper which dey contain the formula on how the system go dey operate, their road map, e go explain how the entire network suppose function.

Any whitepaper wey u read wey no dey solve any problem, wey just carry promise full inside my brother commot body. The one wey we sabi bitcoin, give us proper written whitepaper. So any one wey no dey follow in the footstep na scam.
This scam people their whitepaper dey poorly written and if u sabi the eye read am u go know say na scam. Make I drop Link for better whitepaper so u go understand me.

BITCOIN WHITEPAPER

👉 Identify team members: most of this scam people dey like dey anonymous for their work, so one good way to check for their team members, find who dey real their fir goggle or not, even follow them for Facebook see if the real person dey post something related to the project. And they no fit scam with theri real face cause government go find them.

👉 beware of free things: most of this men dey like offer free things like say na ponzi, them go carry token give you for free or even some of the extra prelaunch coin for free. Carry for mind say nothing be free oh, unless watin then go gain go big pass your own.

👉check watin them dey talk: one thing I believe na say good business dey out to solve problems, so if this people just come dey talk moni moni my brother commot body na scam. This people fit even go as far as saying them dey launch for 20$ when their presal3 na just 0.003 like how which kind lie be this or even dey promote themselves as the next big thing. Just dey careful of such.

Like this I know say I don do better justice to this matter any body fall na en own.

If you get other ways wey u know say we fit use avoid this scam wey go happen this year abeg share for us.
13  Local / Nigeria (Naija) / My thoughts on how we could reduce shit posts and also stop thread repetition on: January 23, 2024, 12:30:53 PM
I've been seeing a lot of persons making threads that has already existed before, and I won't really blame anyone cause I've done such before and would get correction that a thread like this has existed before. So I thought of a way that we could at least reduce it.

Every important thread from our local board should be pinned 📌 on the top of the local board, just the same way each moderator pin rules or something like that, since they are so many threads already existing we could be changing them every month at leat 3 or 5 every month so that many persons would stop repeating those same post.

Not like I Don know there is a search feature in the forum but it has been existing and people are still making same mistakes and some of this threads I'm referring to are three years old or even longer and many persons expecially newbies might not have any idea that threads like that even existed.

And this would also help our local board have some discussions that everyone can contribute in, and since it would be a discussion, many newbies can easily learn and our board would have more comments than threads, cause the amount of threads created everyday in our board is too much and most of them are repetitions of what has already existed, I think this could really help our board be more lively and filter a lot of shit threads.

Or another method to help reduce it. Is to create a rule that before Posting a thread, you must search if such has existed before.

And another reason I think people don't really like commenting  in old threads is there are scared that their good comments may not be seen or honoured, since many persons have forgotten about it and maybe merits are not been allocated there anymore.

I think our senior men could also help by creating something like a wall observer thread and we all continue to contribute to it. This would also help reduce a lot of thread. If you check discussions like technical discussion, you would find out that there are lots of comments more than threads created on a daily basis.

If what I'm saying could be looked into by our senior men then I think it could be helpful. If you have any contribution to this you can add.
14  Economy / Speculation / Self control cannot be neglected as an early investor on: January 22, 2024, 01:09:21 AM
I just started DCAING into bitcoin some months ago with the purpose of becoming a long term holder, I've got my funds in place, I've done my cashflow check up, I've started building my emergency funds, I'm following all the rules that I think I need to follow to reach my goals as long term holder. But guess what happened yesterday?.
I used the money I was supposed to use to lump sum into bitcoin to buy a game. Lame right, very lame. While a lot of persons would talk down on me right now about this cause I know I've messed up and was supposed to say no to that urge to just spend more. Although I've replaced it today with a lot of hard work. I've learnt a lesson. To succeed as an investor you must have self control. I had every reason to say no to the urge to get a game but I didn't. I lacked self control to say no myself and do the right thing.
If anyone must achieve any desire in life, he must have the self control to control his lust cause here I am burning with desire to accumulate bitcoin and this same me went ahead to forfeit it for a game. All I know is I'm never gonna make this same mistake again.
15  Local / Nigeria (Naija) / Can naira earners keep up with their BTC pursuit. on: January 22, 2024, 12:34:03 AM
This should be a thought of some if not every member of this Nigeria local board that are currently buying bitcoin with DCA and lump sums, and I believe that not everyone here is currently earning in dollars or having multiple income streams to enable them keep up with this strategy or plan of accumulating bitcoin.
I know that if your earning in naira now this must have affected your DCA plans in a way that the amount you used to buy 20$ before might now be getting you less than 20$ and with the current high fees which would be another matter and after having planned yourself with the amount you would be putting in weekly or monthly. And this could be a major setback for naira earners, some of them might even have to quit or even result to changing their plans about buying bitcoin.
This has been on my mind now cause a friend of mine has been bothered about this and i wanted to hear everyone opinion on this if there is a way out for him to scale through this hard times and still keep up with his BTC pursuit without changing his plans.
16  Other / Beginners & Help / A practical way to stop procrastinating and start your investment journey. on: January 21, 2024, 12:14:44 AM
I've seen a lot of folks that have been into crypto far earlier than me and a majority of them never took action into buying bitcoin for shit reasons, you would hear some say that they are waiting for bitcoin price to fall a little, some never believe in bitcoin, but a majority of them had one thing in common was waiting for a perfect time to buy bitcoin which never came.
Procrastination is the worst habit any person can have and this can make you lose a lot of opportunities in life, speaking for myself, I always wanted to start my investment journey into bitcoin last year and I was busy giving myself all the excuse as to why the next time would be the best time, at the end of the year I only ended up buying 10$ worth of btc and in the late quarters of the year. Procrastination is not good and every person must try hard to purge it out of your mind. There are some few steps I took that helped me stop this bad habit of mine and I'll give you guys a hint on it.

👉First of all I bought a journal: the reason I bought a journal was because any time I wanted to stop a habit, I love to track myself and make it look like a homework that I need to do. The purpose of this journal was to act as a reminder since I'm a person that loves writing with most of my time. You could recreate this step with your phone or laptop or any with anything that you use daily. So that your mind would start getting accustomed to the fact that your ready to change.

👉Secondly I write on the first page of my journal. IVe DECIDED TO STOP PROCRASTINATION AND I WOULD TAKE THIS ACTION TODAY.  I use this method to help myself remake the decision every day in other not to forget. Any person can have a different alternative to this and it depends on the habit your trying to stop, In my case it was Procrastination.

👉Thirdly in that same writing I specify the area I am Procrastinating and what I should do to take action towards it .
👉Fourthly I read this writing note aloud twice daily morning evening. And i track my progress based on the goal I've set each day.

This approach really helped me to engage my mind to be serious about my decision and enable me stand up. I also insulted my self in my journal when ever I'm unadle to meet up with my goal for the day. While this is unnecessary for some I was how I did mine.

This process was derived from think and grow rich by Napoleon Hill I only just used it for a different context. Right now I have fixed my cashflow and gotten ride of all my excuses and I'm a proudly DCAING into bitcoin toady. If your a Victim of Procrastination fight it and be set Free.

17  Local / Nigeria (Naija) / At the end of the tunnel on: January 20, 2024, 12:53:50 AM
As Day goes by in out country, things continue to worsen and our government is not doing anything about it in any way. Many of us are trying our best to meet up with normal Day to day daily bread, house rent and other things as we are also trying to accumulate bitcoin and our naira value just dey continue to fuck us up.
Omo to cut the long story short I just wan encourage everybody wey dey try still meet up with their bitcoin accumulation plan not to give up no matter what, despite all the shortcomings of this country.
Even if its only a total sum of 5$ that can keep on going into bitcoin every week , my brother its something.
 It might be small for now but as the popular quote says 'a tall tower is built but by a single block beign placed upon another'.

There is light at the end of the tunnel and one day You can end up realising how far you've gone in accumulating bitcoin and that smile would be on your face as one of those who never quit on it.
18  Local / Nigeria (Naija) / The best way to spark more bitcoin adoption in Nigeria on: January 19, 2024, 09:20:12 AM
I've been around my country men for a while now and I still notice this doubt in their hearts with respect to any thing that is online, but another thing I have noticed is that they are not very hard to convince either, they are just still stuck in their traditional way of learning, which is the patter the schooling system uses.

Now with respect to this, if an educational system can be built to teach people about bitcoin, how to aquire It , best storage patterns and all the important knowledge they need to have. You would find out that even old people would start participating in it. They just need someone they would ask questions even time and would help them understand.

If your still in disbelief about this my idea, try this same thing I've done. I'm into affiliate marketing and they was a time, I was  selling a Web design course and my client at that time was an elderly man, let's say age range 40 and this man was interested in my product but just needed someone he could rely on and ask questions from time to time, I didn't sell to him cause I couldn't answer some of his questions so I had to recommend him to the product owner and he purchased that tutorship from him.

What I'm saying in essence is that most Nigerians have heard news about bitcoin but are still unable to start because they is no one around them to put them through on it. If this problem was solved I think we might have an increased bitcoin adoption in Nigeria, just the same way etf in US is bringing in investors. People just needs a trusted person they can rely on to learn.
19  Alternate cryptocurrencies / Service Discussion (Altcoins) / Warning ⚠️ ARGENT WALLET DOWN!! on: January 19, 2024, 02:02:40 AM
Are you using Argents wallet or do you know someone using them, tell them to remove funds from the wallet for now, the have stopped development. This could result in loss of funds or assets. If you are using it withdraw your funds immediately share the news.
20  Economy / Speculation / Who is buying like me on: January 19, 2024, 01:35:25 AM
Bitcoin Etf approval brought joy to our faces, yes another win for bitcoin, then how much more would the next halving bring,  right now all I'm doing Is buying, I was DCAING gently before, but right now no one hold me, no more gentle buys, cause right now I'm pumped, I'm dancing for the bull run, I wasn't part of the last halving cause just recently started my bitcoin journey and I can't wait to brag about beign one of the next bull run partakers. Start buying 🦾
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