Back then alot of folks had the mindset that Bitcoin going to hit $100k pretty fast but base on how things going I don't think so ,but that don't mean it ain't gonna surpass $100k. I'm actually making this post to encourage others to keep accumulating and not to sell their holdings too early.

As a humans most of us are usually impatient, we just want it to happen now now . Okay now just imagine it happens now and Bitcoin rose to the price range of $250k and you only have a little bitcoin stash in your portfolio. You may endup not yielding something good due to not having much quantities stashed.

So this time around we should be happy that we have time to still purchase Bitcoin as the price is still cheap . Because it may get to a point where your funds won't be able to cover-up some nice quantities of bitcoin. So we should be expecting something huge, because as time goes on Bitcoin will keep gaining More adoption and now bitcoin has gotten it's self some nice adoption so far, though our government ain't encouraging us by banning p2p from exchanges, but still we are going to still find away to keep surviving in this Crypto space.

I was so happy the other day when I saw a man addressing students about cryptocurrencies how they can earn through various ways in cryptocurrencies by doing airdrops and some other related stuff. So this shows that cryptocurrencies will keep growing and getting the awareness they deserved, so now accumulate as much as you can (Bitcoin), and keep hodl , for the upcoming bull run.

Hope this will help to encourage those that are still accumulating and holding to keep the fire burning  , don't forget we are in and also going to  the year of greens .

Well yesterday Bitcoin literally experience some dip , and I was excited ( because I see it has an opportunity to get myself some good quantities) while some individuals was out there selling their holdings, due to the dip which initiated some panicking. But I won't blame them though , because most people are just new in this space without any solid knowledge on how things work here , so due to that at any slight dip they would quickly sell with the fear that the dip may continue.

Even though at any chances the dip continues, it means you just got more lucky to buy the dip accumulating Bitcoin when there's decrease in prices. The reason most people do panic and endup making the wrong the decision, is because they have this habit of comparing bitcoin to other shitcoins they may have encountered, with the Idea that Bitcon may not recover from the dip like other shitcoins that experience dip without recovering back . Well the truth is that bitcoin ain't like those coin despite the dip bitcoin will always bounce back stronger.

So this is the time to keep holding and the same time  keep accumulating more bitcoin, and this is the week Bitcon halving going to take place, so this week may be bearish for some time, but still use it to your advantage in accumulating more bitcoin. And not selling your holdings. We are in the fourth cycle and base on recent events this cycle is going to be unique from the others (in a better way) and this the same cycle Bitcon ETFs got approved for the first time. And  Bitcoin also hit a new ATH before the halving , so this shows that Bitcon going to surge massively even more than we expected, (though there are no guarantees) , this upcoming bull market After the halving, is when alot of people will go to bed broke and wake up a millionaire. So what am just trying to say is don't panic just hodl.

[Keep it secret, keep it safe.”]

I'm aware that alot of people have said something related to this before, but still just felt like dropping this . As I woke up this morning some thought just hit me . The thought was what if one endup losing his seed phrase ( Omo I quickly go check where I put mine) , like that stuff normally give me the chill feelings  because that would be a terrible experience. It may just be 12 words but that 12 words contains alot , security seed phrase is one of the most important thing in this space . If by any chances one endup losing those seed phrase, that same individual as technically lose all his asset without ever thinking of getting it back unless he or she manage to recover that seed phrase from those state of being missing to state of being found.

 This is something folks that are into cryptocurrencies space should always put in their mind keeping their seed phrase safe , just imagine after suffering in accumulating some nice Bitcoin for holding, at the end one endup losing it all just because of careless handling of their seed phrases. Alot of people has loss millions of dollars because of such act , without getting it back. Or sometimes hackers may endup having access to one seed phrase due to the habit of keeping in devices connected to the internet.  So try to avoid such act and always keep your seed phrase in a secure place you cannot easily forget ( because you doing the best keeper, you might go keep am for place you go easily forget). And try and develop the habit of  always checking on your seed phrase. Don't forget “Keep it secret, keep it safe.”

We are all aware that some issue being going on concerning binance platform and our country, now binance is planning to discontinue all services related to the Nigerian naira from their platform, soon around march 8 though they didn't stop us from using the platform services e.g  like using the platform to  trade other coins .

So I stumbled upon this, The lawmakers noted that the actions of the government recently put the country “in bad light (to make something look bad)  with regards to observance of global statutes on fundamental human rights and rule of law and portrays the country as being dishonest and incompetent.”  

https://www.premiumtimesng.com/news/headlines/674736-nigerian-lawmakers-raise-concern-on-crackdown-on-cryptocurrency-platforms-launch-probe.html

Most of you here are aware of telegram having a  Wallet , so first when I Heard of it didn't believe then went to check for myself (that was months ago) then I Found out telegram actually have wallet, And  have actually use of it in some transaction and it went well and it's pretty fast also. So recently they just introduced the use of p2p in their wallet. With some nice rate but to be honest I haven't make use of the p2p yet. And this time around we Nigerians facing this common issue, of no longer be able to access binance p2p and all that , so this time around we have to find some good alternative that may also help in adjusting to such term, That why I just decided to drop this .

https://www.talkimg.com/images/2024/02/29/fZyJH.jpeg

[emergency funds are funds set aside for the proverbial rainy day, intended to cover expected or unexpected costs that may pop up over time]

As we all know that as an investor that are planning to hold Bitcoin (for long-term investment ) as things is getting expensive nor easy day by day we will all need good emergency funds to sustain a good and healthy investment. In order to be among the testifies of the next bull run and more that are yet to come.

For those who are new to this space emergency funds are funds set aside for the proverbial rainy day, intended to cover expected or unexpected costs that may pop up over time. Most time there's this urge for one to go all in (in investing in BTC) that is putting higher percentage of your funds or earnings in investing in order to yield good and massive profit leaving only small percentage that may not cover your expenses in a long run before  receiving in yah earnings sources again.

What am trying to say is that if one don't have a good emergency funds (mostly this time around things aren't getting better nor cheaper) it would difficult for one to exercise a good long-term investment. Because being short of emergency funds may lead to one withdrawing their investment in a premature state when haven't yield any good profits yet) Inorder to cover some unexpected expenses.

So all you got to do is to increase your emergency funds percentage to be able to keep up with your expenses, so that you won't endup running to withdraw your investment. Because it can't be tempting most time to withdraw your investment just to cover some expenses mostly when it come to desperate measure. So is better to increase emergency funds than to keep on running to your investment, so that you can be able to secure a nice and healthy investing during your accumulation of bitcoin.

[saw your coat according to your materials"]

Literally this shit is getting out of hand, those that are having the mindset that as dollars is increasing it would make their investment more profitable. Don't forget that as the rate of dollars increasing, that are things are also getting more expensive. So even though you convert your dollar to fiat with big rate. The expenses out there would still endup taking those profit's from you.

Observed the image above during Feb. 2023 things was still expensive and we where still out there complaining at that time now compare then to now, then you know that things is more preferable than now. Look out common pure water now that was actually making 10naira to be independen back then but now 10naira is useless without adding it to other amounts.

We don't actually know where things are  going in this country but this time around, we should do things more wisely like minding the way we spend our funds, by  knowing our need from our want. This period we actually need to work with that old saying "saw your coat according to your materials" well we bless God for everything sha even though things hard we fit still dey put food for our table. And make we nor forget next bullish run is coming soon let's try and accumulate some bitcoin nothing too small so that we can Also partake and profit from it.

[satoshi Nakamoto]

https://www.talkimg.com/images/2024/02/17/YSJBz.jpeg
I just stumbled upon this recently. After 15 years of Bitcoin the US has officially granted an honorary degree to Satoshi, what does this mean?  This confirms the advancement of payment methods and is completely legal with Bitcoins in particular and Blockchain technology in general; crypto has been recognized and award has been given to the invisible satoshi Nakamoto . This something should has been considered a long time
here

I've took noticed that alot of users are always in a hurry to reply a post expecially newbies, I know it is a good strategies to always try to make your reply to be among the first or at least fifth position, because it would make it easier for other users to see and to read it. But in a scenario whereby a user came across a post and reply fast without having clear understanding about that post such reply may be seen as off-topic or not contributing at all. And if such act continue as your post are always around the first-fifth position it may lead to you being ignored by other users.
So anytime you see a post take your time to understand the concept before making any reply, for instance you came across a post about security and privacy and more. If you don't have much Idea about it don't jump in and quickly reply take your time read the post after reading do some research for better clarity and understanding. And if you came across any word you are not familiar with always do yourself a favour and use the dictionary because neglecting or Ignoring such  may cause you chances of getting a proper understanding about the post.So doing all this would help you in Acquiring more knowledge and also improve your posting skills, helping you in becoming a good poster.

I greet you all my fellow naija!

I decided to make this post because I noticed that am also found of it and some people can relate. Alot of people easily give up due to the fact that the road to success is never easy. And we all know that good things don't just come that easily. fir example let me use this our forum, each day alot of newbie are being migrated into this forum with different motives. Most are mainly to rank up so that they can partake in one of the benefits the forum offers (earning extra funds) and due to fact that some of them don't have good knowledge about bitcoin and how the forum works their post may attract criticizing and because most want to skip the learning part and jump to the earning part they would endup given up too early because of their account slow growth.

All am trying to say is that we should be determine in all we do and have a fixed goal that we want accomplish. Most of us here have other sources of income both in this crypto space or outside it. You have to be Persistence in order to be successful, if you see that things not working out well check yourself and also check if you might be doing anything wrong. Tell yourself you cannot remain in one place is Time to improve my financial status so that at the end of this you count that among the great things you accomplished.

As we all know that the way things is going in our country things just getting worse nor better but we shouldn't let that slow us down or weigh us down we should always keep grinding and focus more in accomplishing our goals. And may out efforts not be invain.

https://dailypost.ng/2024/02/02/price-hike-looms-in-nigeria-as-cbn-increases-customs-exchange-rate/

The CBN just increased the exchange rate to reduce importation.  This would definitely have a major effect in prices of goods. Prices of many goods are already on the rise and in this trying times.  The CBN believes that increasing exchange rate and reducing Importation would help.
When they aware we very dependent on foreign goods
What are your thoughts on their decision?

Side note : https://www.google.com/url?q=https://www.premiumtimesng.com/business/business-news/664442-facing-fx-crisis-nigerias-central-bank-lifts-exchange-rate-restrictions-for-imtos.html&sa=U&ved=2ahUKEwjHjufkrY2EAxUiQ0EAHf4NB7cQxfQBegQIABAC&usg=AOvVaw0Eama790a_rLU7n6dJXGwV. This is kinda confusing to me
What role does lifting restrictions has on the failing naira.

We all know that is just few months ahead before the upcoming bitcoin halving. And we all know that after or during the halving bitcoin going to undergo a great surge in price. (The next bullish market). But still most people still focusing in trading a certain high percent of their funds while they should be focusing on Holding and using the  DCA strategies. Expecially newbies who have the mindset that trading is something that can make them get rich overnight (because of the volatility and the fluctuations coins do exhibit) and Also due to the post they have encountered on some certain social medias whereby  some pro traders who normally showcase their wins online. Which may cause them to  jump in to trading with half-size knowledge about trading. Without knowing about the Risk attached to it. You may be a trader and you are losing some little amount of money like $5, $10, and $20,etc. most time in your day trading. You may think it doesn't mean anything is just a couple's of penny losses but if you sit down and calculate those losses you are seeing as penny losses you would know that damn yah just throwing your funds and putting their potential in yielding good profits to waste.

I myself, I have that mindset  years back  thinking that no matter the losses I made I would surely hit it big one day in trading. At first I started with spot trading and I was making good wins because no matter how coins dip my funds won't get liquidated and whenever the particular coin am trading bounce back beating that previous price it was before experience that dip my funds would also rise with it. As time goes on as my wins keep increasing my greed also increased with it. Then I wasn't satisfied with the profit I was making so I decided to open a future account ( damn my live never remains the same) with a half-size Knowledge about it what made it worst is that I also came across those pro trader who are always showing their wins. Damn I was inspired by their wins that I could also make profit ( not knowing the other way round) at first as a newbie started with a small leverage and I made a win and it was very exciting ( doesn't know was just beginners luck) after that as time goes on I started using uncontrollable leverages in other to make big and nice profits like the ones I normally see online not knowing I was only initiating more losses so I started losing some funds and at then I took those losses as penny losses until when I realized that most time if I make any wrong move I mostly lose most of the wins and my funds just in a day either its hit my STL or I got liquidated so I decided to stop for while. And because of those losses my confidence in cryptocurrencies also  dropped as my funds is decreasing ( damn shit coin really left a mark mostly new coin that endup being dumb All through).

So I decided to focus back in my spot trading till I came across this forum. And now I can  see the beauty of holding. And this forum didn't just only help  me in understanding more about bitcoin but also in building those confidence back. Now I'm just doing my DCA accumulating more quantities bitcoin. For the fourth coming halving.

All am just trying to say that minimise that act of trading for now focus most of your funds in holding (BTC) and accumulating with DCA strategies. lately have being spending most of my time in buy the dip hodl thread because most people come there most time and share their amazing ideas concerning holding and it's always fun to read. But still I won't say trading is bad but before going into it. try and gather proper knowledge about it and learn how to manage risk and always try to improve your skills in trading, and focus Your spare funds in trading and keep most in holding and also don't forget about your emergency funds that is also vital. Wish you all the best as we wait patiently for the greens.

Naira falls massively this week trading around #1370 this is getting similar to the rises around last halving
How do you think Naira would cope when Bitcoin beats ATH?
I nor really sure say government fit help ahn currently.
We dey experience persistent inflation and dem neva still do anything.


This one na proof of the failure of fiat instead of ahn to appreciate e dey Depreciate compare to other product.
Holding fiat not the best against Inflation
Land na one good example of wetin to get wey dey appreciate but u nor fit buy ahn really in minute quantity. This i believe is where investments like bitcoin comes in.

My fellow naija board greet you all!

This post  actually for everyone because no one can outgrown mistakes. Was just on my WhatsApp there's I joined back then concerning airdrop and other paying update so the admin of the group posted a screenshot a friend sent to him, in the group. So the screen shot was a conversation between him and a friend, his friend where telling him how he received 6 BnB which worth $1819.5 from a unknown wallet. And was doing the day ETF was approved so coin undergo a surge that moment so the price was bigger than now. You can see that the amount is not a small amount of money. The thing is that I'm pretty sure that the person that send that BnB made a mistakes in its public key (wallet address) when was doing the transaction. Just imagine cash you work for hours, days, or months you just lose it in a blink of a seconds sending it to a wrong address if it was normal bank he would have ask for refund but I don't think if cryptocurrencies transaction still work  that way.

Please always be careful and always do any transaction with cautious, crypto might disciving you that the amount you loss might be small in your eyes but ones you turn it to our Nigeria currency Omo you go know say nor be small money you loss so ma people make we try our best to keep our asset safe.

Now and days alot of youth have the mindset that hand work are for the poor, which is wrong. Most even go further downgrading some professions. I will try and make this brief. For instance

•Yah really wealthy and there's is no carpenters, just tell me how yah home will be furnished.

•Imagine say you get funds and you wan build house or construct any business building. And no labourer (architectures) tell me how you wan con tey do am

•I save one of the best and most common for last farmers, just imagine all those farmers nor con dey tell me how you go tey feed Etc
Also same things also goes on with the other professions I didn't mentioned

Because now and days wetting most of our naija youth know nau yahoo Yahoo (fraud) most of them duh take am as hand work seff. Which is bad just imagine everybody focus on fraud and neglect the rest hand works and professions Omo life go hard the more ehhn even though funds dey wetting u wan con use am do.
 
So anything yah doing as long you know yah doing or learning the right thing always Try and do it well, because in the future you will then know the value of the foundations you lay now.

I stumbled upon a post concerning about bitcoin ETF, shey SEC duh approves bitcoin ETF  because today I first see am for web shey bitcoin ETF approval expected soon...

See the link seff : SEC approve ETF

Hey Guys!
 This is especially for those newbie who finding it hard to rank up. Listen up normally rank though is nice but learning is the first stage before ranking up only when you understand this forum well that only when you can rank up pretty fast. I'm not here to educate you about how to rank up or about quality post and all that. Because that should be the first thing you should observe after reading the rules and regulations in this forum as a newbie.

This link below are for those newbie that is finding hard to rank up and you know you have some post that deserves merit. Just click the link below read the rules and apply. I just recently come across it.

https://bitcointalk.org/index.php?topic=5465195.0

Note you can only post, post you made in your local board. And that doesn't  mean you got to depend on it alone try to also work on your self, learn from others in this forum, will have alot of knowledgeable individual in this forum.  And put that you have learned in action and eventually you get merited from those that found your post interesting and worth it.

Edited.

This literally the first halving I'm going to experience since knowing about bitcoin. So I've already started holding Bitcoin and lately the progression  has been going well!!.So I've some Lil funds with me but I'm thinking of which good altcoins I can hold for the upcoming  halving, that's going to also skyrocket too. I was thinking about ETH, BNB and SOL. But still, I  need recommendations from you guys about the best altcoins to hold for the halving please.

Mining difficulty as the name implies shows how difficult it is to mine a block. This usually arise as a result of an increase in the number of miners and may ending adjustment showed an all time high surpassing the 50 trillion mark. This means that mining a block has never been harder but also shows that Bitcoin popularity has really made it far. Why is the increase happening now, is this because of the hypes of ordinals( which I saw have crossed 10 million inscriptions)? Or the increase in transaction fee is enticing for people to consider mining?

Shiba inu improved in the popularity of meme coin and pepe has rekindled that fire after its initial success, this has spranged up the adoption and development of meme coin where various websites how stating things like " the next big meme coin " or " a random coin is outpacing pepe and doge coin". One of the biggest issue that influence peoples decisions is that they follow what they had without any further research.

Lovehateinu is an example of a meme coin some website praised but has been underperforming after its listing. People should be aware that meme coin ride in hypes and the size of it's community since most lack a need they satisfy. The poor community of lovehateinu was like a flag that should have shown that the coin isn't going x40.


Pepe success came as a result of its large community and the speculation that it would be listed in binance, now its listed and investor have jumped to another and those doing HODL like they holding Bitcoin are up for a bumping Ride.

What am ranting about is meme coin can make you rich but can also swallow the gains back and the belief that buying during presale is not always right as lovehateinu is a proof. If you are a risk lover then make thorough research on a project before jumping on it and always consider it's community, use(if any), and don't do HODL is not Bitcoin. Read that some meme coin are created via inscription on the Bitcoin blocks and they are the hype now, well I am of the opinion that ordinals are just a phase like having a new toy would be fun for the first time until you get bored and get to another.


Chose to post this because a friend bought lovehateinu because he saw it in various websites but the reality was a dip than the presale price. I might be biased on my thoughts on meme so would be happy to hear our views on them.