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1261  Economy / Trading Discussion / Re: Bitcoin or Altcoin hold, sell or trade?? on: February 19, 2023, 09:53:34 AM
If you have to choose between bitcoin and alt coin for long term trading then I would like to suggest you to select bitcoin, bitcoin is best and secure coin not only for long time hold but also for short time trading. Even then if you want to do trading in alt-coin then I would like to suggest you select the top coin from alt-coin for only short time trading it is very risky to do long term trading in alt-coin.
Even then at the end of the day alt coin is never a safe investment, its example is not only your post but many such incidents have already happened.
Bitcoin and other top altcoins like ETH or something that sits around on top 10 in ranking in CMC which you could somewhat guild up that kind of confidence that you are putting your money into something which does
have strong and huge community which you could really tell and say that it would really be good for more longer years to come but of course it would be always accompanied with certain risk.
Not all does really have the patience to hold for long and this is why they do decide on dealing up with short term trades.So this is an another story to make since
we do have different goals and targets when it comes into our crypto investment.

I will only agree with you that only Bitcoin and Ethereum are suitable for long term investment, I do not trust the top 10 altcoins. Don't forget, the top coins like LTC, NEO, and EOS...they can never go back to their old ATH, or some have also been replaced by more potential altcoins. Once called an altcoin, even if it is a topcoin, it is still replaced over time, do not invest long term with the top 10. Besides ETH, I don't believe in any 2nd altcoins, BNB is only suitable for short-term investment.
1262  Economy / Trading Discussion / Re: Trading addiction, are you coping? on: February 19, 2023, 09:44:43 AM
Trading addiction has many advantages as well as many disadvantages, so without becoming too addicted, you need to research the market well and gain experience. Avoiding recency bias in trading starts with knowledge, with education you first understand that it is only human nature to be overly impressed by the results of your latest operation. Constantly check the value of coins more addiction leads to worse chance of gain is less it makes more physically and mentally debilitating.
I don't really know if any of us are addicted to trading, but for now I am totally addicted to long term investing in bitcoin. I don't have to deal with this the way they deal with gambling addiction, and it's clear to me that investing addiction is something that is even more profiting in the future.

I have habit of checking price more than 3 times in one day when I really think that day trading is more profitable than long term investing. But once I realized that, I didn't have to and tended to ignore the fluctuations and continue to hold on optimistically. Right now nothing is more profitable for me than a long term investment so this is a focus I will strive for.

Long-term investing is not an addiction, I don't know what is a sign of a long-term investment addiction unless you don't want to sell your bitcoins and want to keep it forever until you die Grin Grin.
It is not good to be addicted to trading or to anything. I believe no one can always win in trading and if we are addicted to it, when we lose, if we can't control our emotions and addictions, it's easy to lose big. To me, called addiction will never be good.
1263  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: February 18, 2023, 06:44:30 PM
This game was really a tight game and when you come to look at the stats involved between this two big rivals, its is clear that Munich always find it difficult to secure a win over gladbach and todays results have proven it once more as Bayern lost to gladbach 2-3 on final results. I expected Bayern Munich to atleast draw or even win the game but maybe because of the absence of sadio mane in the squad they have struggled to score like the famous Bayern always do.
Borussia park has always been a tough place for the Bavarians. Monchengladbach frustrated Bayern today coupled with the early red card to Upamecano. Although i still feel it was a wrong call by the referee because the foul was soft. Not withstanding Bayern were poor and Neglesmann contributed because I don’t get why he had to bench both Musiala and Sane. Now Union Berlin could go top should they win against bottom club Schalke. Dortmund could also be level on point with Bayern if they get all three points tomorrow.

It's not about which field is not lucky for Bayern Munich. It happened because of the early red card. After that Bayern Munich had to play with one man down. And a long time was left in the match. Actually, it could have been easier if Dayot Upamecano just let it go and hope for the best. Because I think Bayern Munich was going to have enough chances to get back in the match. But after that red card so early in the match, it was basically impossible for Bayern Munich to play with that same confidence. Still in the end Bayern Munich did make it interesting.

Anyway, now it is going to be interesting to see if Union Berlin can win in the next match. Because if they can, they will become the first team on the table. I thought it was not going to happen but I guess it is happening.
1264  Economy / Speculation / Re: Can Bitcoin be trusted? on: February 18, 2023, 03:04:04 PM
rs after that and hits a new ATH. The crash is not a scary thing but an opportunity because to profit from bitcoin investment, we
I think what your friend is worried about is that bitcoin is going to disappear forever, not crash, and I also want to answer that bitcoin will never die or disappear.
Even though chances for that happening are slim to none, it can still happen. We don't know what future brings and every investment (including in bitcoin) posses certain amount of risk.

I say "never" which is probably a bit of an exaggeration, but I mean, I strongly believe in the future growth and survival of bitcoin. Although bitcoin's risk is higher than other investments like gold or real estate, the return it gives us is well worth the risk when we put our trust in bitcoin.
If bitcoin were to be recognized or proven to be as safe as gold today, the opportunity would not be for us either. In risk there is always an opportunity, opportunity is only for those who know how to take risks.
1265  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: February 18, 2023, 12:52:12 PM
To win the league trophy isn't an easy task at all and it doesn't just happen by wishes, many factors determine a team's success in the league and I don't think Arsenal have got it all yet but they are close and will require luck on their side to win the trophy this season. Arteta is a doing a good job and definitely building a good team and I think the fans should be grateful for the level of growth and development in the squad.
The Premier League is very competitive, different from other leagues, because you can see that the teams in the Premier League, on average, world-class stars play in the Premier League team, and every season there is always quite fierce competition in winning trophies. I think Arsenal this season they are doing quite well but dropping points for in vain is something that shouldn't happen but that is the obstacle that has been the challenge for Arsenal this season. I can't even believe Arsenal were beaten by Everton but the truth is that Everton were able to win that game.
From the current standings table Manchester city is the leader of the standings with only a goal productivity advantage and Arsenal still have 1 match left, I think arsenal can return to the top of the standings if they can win the 1 match they have in Week 23 .

I know that Arsenal is not at the top of the table right now. But at the same time, I think we have to remember that Arsenal has also played one match less compared to Manchester City. So even though Arsenal is not in a good form right now and also not able to get important points at this stage of the season, I think they will actually be able to still stay ahead of Manchester City after they have played the same amount of matches. Remember, Arsenal is behind only because of the goal difference. Not because of less points.

Within 20 minutes the result is Aston Villa 1-1 Arsenal, if Arsenal win this match they will go ahead today I think.
1266  Economy / Economics / Re: How to thrive with low income in a humble area on: February 18, 2023, 08:24:07 AM
I also have a little advice for you guys on this topic.  And that is, multiply your connections and relationships.  This is important.  In modern times like this where everything is connected, relationships and connections play an important role in success that makes you move from poor areas.  From the number of relationships and friendships we build, we can create many possibilities and many variables in our path to success.

I agree with this point of view and have been through this myself, I can say that I am where I am today thanks to my social connections. A friend I didn't know gave me the opportunity to work at the company he managed, and after trying my best, I got the results from that job. Without his help, I could still get another job, but I am sure that I would not be as successful as I am today without his support in his work. In life, relationships are really important, not only in work but sometimes in life, sometimes relatives can't help us, but in social relationships, they are ready to help us.
1267  Economy / Speculation / Re: Can Bitcoin be trusted? on: February 18, 2023, 08:01:30 AM
A friend of mine came to me and we were having a conversation and I was trying to introduce he to the forum,but he turns out that I was asked if I really trust and believe in bitcoin it will never crash like other cypto industry.

I want know if it will not crash and I need help to convince him about it that it will not crash because am a beginner and I haven't know much about bitcoin so I guess been here I will fine help to assist my friend to join the forum.

Bitcoin crash, but bitcoin never dies means that when we enter a bearish cycle like 2021, bitcoin will crash, losing 70%-80% of its value as the case may be. But after the bear season ends, bitcoin always recovers after that and hits a new ATH. The crash is not a scary thing but an opportunity because to profit from bitcoin investment, we need to buy low and sell high, and when bitcoin crashes, it is buying opportunity.
I think what your friend is worried about is that bitcoin is going to disappear forever, not crash, and I also want to answer that bitcoin will never die or disappear.
1268  Economy / Gambling discussion / Re: UEFA Champions League 2022/23 Season on: February 17, 2023, 04:46:24 PM
But still, this will be an exciting match even though we consider Liverpool to be on the decline.
although my favorite is for Madrid to win. during the match against Liverpool which is difficult for the Premier League. could have focused more and played in total in the last 16. and Liverpool's game can make it difficult for Madrid under certain conditions.
the match might be very interesting if Liverpool shows a game like last season. it will look like the finale will be getting a lot of attention from fans.

The performance of the Liverpool team is not good now. Their performance in the Premier League is very poor. This is probably due to the lack of bonding among the team players. But Liverpool has a strong squad. And they have some very talented players. If they play well, they can beat any big team. And so if the Madrid players, especially the defenders, make any mistakes in this match, Liverpool's chances of winning will increase. However, comparing the performances of these two teams in recent matches, Real Madrid is undoubtedly the favorite in this match.
1269  Economy / Gambling discussion / Re: UEFA Europa League 2022/23 Season on: February 17, 2023, 04:37:47 PM
Raphinha still saved a 2-2 result for his team anyway and I think there is nothing ended yet. I know how much hard Barcelona's work will be in Old Trafford. But they need to stay stronger there to have a chance for next stage.

Many people said Raphinha was not experienced. He misses a lot of easy chances. Barcelona cannot play well without Dembele on the team. And Dembele cannot be a worthy replacement for Raphinha. But Raphinha proved everyone wrong. Raphinha's performance in this match was excellent. He scored one goal and one assist. Raphinha's performance throughout the match was eye-catching. Raphinha has become experienced. It bodes well for Barcelona's future. With players like Raphinha, Gavi and Ansu Fati gaining experience, Barcelona's attack will be stronger.
1270  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2022/23 on: February 17, 2023, 04:28:09 PM
However, in the Barcelona vs United match, neither team managed to score in the first half. Barcelona scored early in the second half in the 50th minute and conceded a goal just two minutes later. The match is now tied at 1-1. Let's enjoy the match.
United are leading 2-1 as of now in the 69th minute. But so far United have been a real threat as they have better chances and taking shots frequently. Barca are having good possession and passing but are unable to create anything promising. I hardly think Barca are gonna comeback right now with the way United are defending.

The match ended in a 2-2 draw. The performance of the players of both the teams was very good. However, the match could have been won by Barcelona had Barcelona not conceded a goal due to Kounde's mistake. But the first half was not exciting. Both teams played defensively. But the second-placed Barcelona and United players attacked a lot. And the match became exciting. It looks like the second leg will be more crowded.

Barcelona now aim to perform well in La Liga. Because Xavi and Barca management's main goal is the La Liga title. They really want to make sure of that. They will play against Cadiz in the next match. Barcelona need to get three points in this match and increase the point gap from Real Madrid.
1271  Economy / Speculation / Re: Can we experience $80k this year? on: February 17, 2023, 01:55:15 PM
THis year 80K I say this was impossible but I don't think wont happen in 2023 maybe we just see mini bull run or mini altseason but keep bitcoin in stash would be a great idea

Anything and everything is possible. 80k is very hard, but not impossible. If the demand keeps on increasing like this, then who know the price might reach 80k also. At first the main motive is to break the resistance and come out this bear market phase. If Bitcoins crosses 30k usd mark by the End of February, then there is high chances that the price will go up and we may see a new all time high price in November or December. Let’s hope for the best and most importantly don’t lose the hope.

Yes, anything can happen history may not repeat itself, and we will create new history, but the chance of that happening is too low. In addition to the 4-year cycle, the halving event, this year we also have to face inflation, and the economic crisis is still raging in many countries around the world. Therefore, it is impossible to expect a new ATH or bitcoin to hit $80k this year. I predict bitcoin can still recover to 30k-40k this year, but to reach ATH is something I dare not think of.
1272  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BTC or altcoin on: February 17, 2023, 01:46:20 PM
If you are looking for promising future then you need to buy only bitcoins. If you want to bet your 800$ then go for altcoins.
what about dividing to different coins aside from bitcoin only?
Quote
My advice is just don't buy right now bitcoins. Just wait till it more down.
stupid idea , why not now? what if Bitcoin grows more then he will never have a chance to buy?

the moment you can carry buying then do it right away lol.

Quote
But if you really want to buy altcoins then consider ETH,BNB. Because ETH will be there untill bitcoin survive and BNB will there untilbinance there.  Wink

at least top 20 coins can be considered specially if itis for years of holding.
Altcoins are not suitable for long term holding, or rather such altcoins are very few and the chance of guessing in this casino is very low. Look at the top 20 three years ago and you will see completely different coins, with the exception of a few. So for long term investing it is really better to choose bitcoin.
wrong in this mate , altcoin is flexible to anything , either  bitcoin will not good for long term or altcoin who really cares?

actually there are some altcoins that is good for long term , like Ethereum  and binance coin.

with those? you are wrong to what you are saying.

It is true that long-term investments in altcoins are not recommended, bitcoin is still a better choice but not all altcoins are the same. I totally agree with you, ethereum is a good long term investment as well as bitcoin, it has even given higher returns than bitcoin in recent years. BNB is also an option, but I will only choose ETH because it has proven it is an altcoin worth investing in; what will happen to BNB if Binance crashes?
1273  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2022/23 on: February 16, 2023, 07:00:16 PM
Now I think we just have to watch how Barcelona perform in the Europa League instead of just talking about their advantage in La Liga. If Barcelona have the same form in the Europa League then of course they have one more chance to win the title.

Barcelona is playing very well in La Liga. Barcelona is 8 points ahead of Real Madrid. Barcelona has lost just one match this season. They are consistently playing well in every match. I think they will want to continue this streak in the Europa League. Xavi aims to win the Europa League title.
However, in the Barcelona vs United match, neither team managed to score in the first half. Barcelona scored early in the second half in the 50th minute and conceded a goal just two minutes later. The match is now tied at 1-1. Let's enjoy the match.
1274  Economy / Gambling discussion / Re: UEFA Champions League 2022/23 Season on: February 16, 2023, 06:52:56 PM
If Graham Potter is able to win the second leg later, maybe his position as Chelsea coach will be a little safer from the sway of the issue of dismissal because from the results of the defeat of the first leg, Potter name had become a trending topic, where fans expected Potter to be sacked from the Chelsea coaching chair.

Chelsea's overall gameplay against Dortmund was not bad. The players tried hard to score. But they failed. I refuse to blame their coach Potter for Chelsea's defeat in this match. Chelsea's match strategy was good. Players have plenty of attacking opportunities. However, due to the inexperience and mistakes of the attacking players, they could not score and were defeated. However, I don't think Chelsea will win the second leg. My guess is that the second leg will be a draw and Dortmund will qualify for the quarter-finals. However, Chelsea's overall performance has improved. I think if Potter can bring more experienced players into his squad then Chelsea will be stronger.
1275  Economy / Gambling discussion / Re: UEFA Europa League 2022/23 Season on: February 16, 2023, 06:46:39 PM
Looking at the positive impact made so far by both Barcelona and manchester United in their club side we will have to conclude that their encounter won't be an easy one, manchester United being one of the major contender of the English Premiership is presently in their peak likewise Barca whose present position in the Spanish laliga is first, if am to give an option for the outcome of this match that option will be any side to win.

No team wants to lose points in this match. And so they are performing very carefully. The players of both teams are keeping the defense strong and then directing the attacks. Neither team is able to counterattack very quickly. However, neither team could score in the first half. We do not expect to see many goals in this match. However, in the second half, both teams will probably want to score. And the second half of the match is likely to be more enjoyable.

I am not enjoying the Union Berlin vs Ajax match. But I checked the stats. Neither team could score in the first half. But the interesting thing is that in the first half, Ajax players did not make any shots. I have never seen Ajax team play so defensively.
1276  Bitcoin / Bitcoin Discussion / Re: Why Digital Currencies Should Be Adopted Globally on: February 16, 2023, 01:55:54 PM
To be honest why many people are complaint to the banks? it seems like banks did many mistakes or terrible service to their customers. In my experience I don't have any problem with my local banks, they serve very well and let me to withdraw my money.

However since Nigerian banks not accept Bitcoin transactions, I believe only the customers who receive money related with Bitcoin are having problem, while the rest aren't. After all you can't do anything, but you have few choices if you want to cash out your Bitcoin in anonymous.

I think it depends on the country you live in, also I have never had a problem with my local bank since I used it until now, 14 years have passed. But maybe a few countries are having problems that make people unhappy and especially Nigeria, recently, they changed the national currency, so it caused a lot of frustration for people. I support people using bitcoin as an alternative but no need to badmouth the bank as we will still need to use it in the future even if bitcoin is widely accepted.
1277  Bitcoin / Bitcoin Discussion / Re: Bitcoin DCA - always same amount or do you change depending on price? on: February 16, 2023, 01:37:32 PM
If you define this as a long term investment and only sell bitcoin when it hits a new ATH, or $100k, then I think 24k is still not too high, you will still be profitable. I DCA monthly, or whenever I have idle money, I will switch to bitcoin, to be honest, when bitcoin reaches 20k, then 24k like now, I am not happy because I think I have run out of opportunities to buy cheap. But we have to accept the present, as long as bitcoin stays below the old ATH, it is always worth buying and holding.
1278  Bitcoin / Bitcoin Discussion / Re: Arguments for Bitcoin against UPI? on: February 16, 2023, 01:11:01 PM
First, I think people are moving to Bitcoin not because they are amazed by the technology but because they are attracted by a possible profit.  People will never acknowledge or adopt anything that will not bring them advantages.  This time with Bitcoin, the advantage is the possible profit in the long run.  Since the fiat price is stable, there is no possible exponential profit in it in the long run, aside from that it is also subject to inflation that will eventually deflate its value. With Bitcoin, even though it is highly volatile, it gives way to speculation that can bring profit to traders and investors.

As a technology, early birds always reap the best reward so smart people are moving and trying to risks with this new technology because they know when Bitcoin becomes successful, it will be a life-changing decision.



Bitcoin against UPI in India, Bitcoin can have a frictionless international transfer, I don't know about UPI though.

I don't know about UPI either, but just in terms of payment convenience, it shouldn't be compared to bitcoin because it's clear that people are seeing bitcoin as an investment, a store of assets rather than a currency or method of payment convenience. Bitcoin has a lot of utility compared to fiat, but what people look for in bitcoin is profit, the opportunity to get rich. If UPI can make a profit, it will be suitable for comparison with bitcoin, but as a payment utility, it is not worth comparing with bitcoin.
1279  Economy / Economics / Re: SEC's crackdown on BUSD after banning the Staking on Kraken on: February 15, 2023, 10:16:29 AM

- Can Binance use another company to issue its currency? Or that it itself develops a team or dedicates a department to supervise the issuance process?


In the AMA on Twitter Spaces last night, CZ also talked about this, there have been several stablecoin projects pegged to Japanese Yen or SGD... have contacted them, and they are researching and ready to cooperate later when Binance breaks up with Busd. And he also recommended that crypto companies should choose countries with more open laws towards cryptocurrencies like Dubai or France, instead of the US as the center.
The recent actions of the SEC are not only aimed at Binance or Kraken, but they are clearly showing their power and want to control the crypto market.
1280  Other / Off-topic / Re: Crypto makes you more attractive, according to a new survey on: February 15, 2023, 09:53:53 AM

When I worked in a grocery store there was this old elderly couple who would regularly shop. One day out of nowhere the old woman blurted out: "never marry a handsome man, marry a rich man instead" while she paid her bill at the checkout line. Her husband stood right next to her, seemingly powerless to do or say anything. I felt so embarrassed for him. But I guess that is real life.

I don't know when this story happened, but it reflects what's happening in today's society. Many people say that money can't buy happiness, it can be said that was only true in the past, and it is no longer true compared to now, without money no girl will accept you. Like the survey, cryptocurrency makes us more attractive simply because people know the returns it brings to those who invest in it. Girls or boys are looking in your pocket to choose a lover.
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