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May 14, 2024, 03:49:24 PM *
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1  Other / Beginners & Help / Re: How active can a newbie be daily? on: May 13, 2024, 04:25:51 PM
There is no limit for newbies of posts n the forum and that means you can post any number of post a day and if you want tod be active then you have to post at least 2 - 5 daily so you won't spam the forum that much. And all what you have to do is to read more than posting because the more you read the more you knowledgeable. All what I am saying is that you H w to post less and read more, study more and learn more with that method you will be one of the greatest member in the forum.

Many newbies came to the forum without asking questions and end up with banning the account with plagiarism and others.
actually you are right because there is no limitation of postmaking daily or weekly in this community, the thing that trigger many people to make numbers of Post in this community is because of their signature campaign so if you want to be a good poster make sure that you make a research to post a good quality post I am referring to op because sometimes when they are asking a question we have to pay attention to comprehend exactly the subject sentence of their test. The aspect of banning beginners is when they plagiarised or paraphrase someone's work.
2  Bitcoin / Bitcoin Discussion / Re: Please, I urge you to buy bitcoin! on: May 13, 2024, 04:19:55 PM
I don't know if I've discussed in this trend before because I know quite well that whoever that want to purchase a Bitcoin make a result before Bitcoin and there is every possibility that someone who want to purchase in Bitcoin have already known about Bitcoin and waiting for the first time for it to invest in bitcoin, so mate investing in bitcoin have a target and if you fails to invest in bitcoin when people is investing that means the person have a budget or plans ...do not persuade someone to invest bitcoin because they may know better than for the appropriate time to invest.
3  Bitcoin / Bitcoin Discussion / Re: No risk no gain on: May 13, 2024, 04:15:21 PM
I first heard about Bitcoin around 2016 but then I had no idea what Bitcoin was. Someone online was saying to work on it because I don't know anything about it. Then I heard about Bitcoin again in 2022 when the price of Bitcoin was 21000 dollars. I did a little research on Bitcoin and saw that it was good. From whom I heard, I said to a brother, brother, let's invest. Buy a bitcoin and keep it.Fifty percent and I invested fifty percent but that brother did not agree then. Day by day the price of Bitcoin was increasing and the price was going up and down around 25, 30, 31 thousand dollars. Still I told my brother to invest but he did not agree. That price eventually reached 74 thousand dollars. I regretted very much why I didn't take a risk. If you want to do something, you have to take a risk, nothing happens without a risk.
according to entrepreneurship dear says that a risk taker is prom to be rich at any point in time, so I know very well that cryptocurrency mostly Bitcoin investment is something that is under risk because there is every possibility or tendency that price of bitcoin can decrease immediately you purchase bitcoin and you get loss, and their is every tendency that immediately you purchase bitcoin the price rise up immediately.. so I know very well but making a research before you invest in Bitcoin is good but taking a risk will make you to be rich will also make you to lose what you have but we have to take a precaution of anything we are doing before we venture it to it that is, that is when you have seen what you want to do that will you uplift you
4  Bitcoin / Bitcoin Discussion / Re: Individual efforts and the progress of BTC on: May 13, 2024, 04:08:42 PM
I am saying that many countries will continue to recognize bitcoin in the future as a result of individual efforts and concerted efforts. As a result of individual efforts, it is accepted as legal tender in "El Salvador". This is possible because of the efforts of "Nayib Bukele". So many may emerge in the future in an effort to have bitcoin accepted as legal tender by many more countries. I also know that it is capped at 21 million coins and 18.7 million of them have already been mined.

What do you think the overall situation could be if more countries recognize Bitcoin?
in some years back many countries refuse to embrace Bitcoin but today many countries has embraced Bitcoin it is due to the circulation and speculation of Bitcoin around the wold.. so what I'm trying to say now is that we should be trying for nothing that cryptocurrency is celebration fiat currency, so based on that we have to know that both cryptocurrency and the Fiat currency the work together but people especially government officials recognize Bitcoin but before 2040 I think that Bitcoin will be a legal tender for most of the countries that they youths in braces Bitcoin
5  Bitcoin / Bitcoin Discussion / Re: Does the world know about Bitcoin? on: May 13, 2024, 04:03:57 PM
To me i think there are some part of the world that still don't know anything about Bitcoin, because there are people in USA, UK, Australia, Canada, China,etc. even in Nigeria there are people that don't know anything about Bitcoin, they always think that Bitcoin is a scam, but people that know about it are making thousand of Dollars,($) I think they don't know that we are in a digital world now.
probably it may activate truth or not but provided that there are making use of internet especially social media they're supposed to have known that cryptocurrency is into existence, because it is truth that many people who know about cryptocurrency especially bitcoin today notice what is Bitcoin through social media and after noticing a bitcoin through social media they make a research about Bitcoin, so for me I think that people who know about cryptocurrency today is the people who want to know about it and the cryptocurrency has been circulate round to the civilized countries any country that is not civilized is the country that will not hear about Bitcoin but any country that is civilized most to hear about bitcoin because of the current technology we use now
6  Bitcoin / Bitcoin Discussion / Re: Did you start investing in bitcoin because of some celebrity ? on: May 13, 2024, 03:59:48 PM
It's very important to be cautious when considering investment advice from celebrities or specially social media influencers. While ofcourse some may offer valuable information, Never blindly follow their recommendations. We've already witnessed many instances where individuals have lost loads of money by investing in cryptocurrencies endorsed by social media influencers and celebrities. It's very important to conduct thorough research on any coin they promote and make informed decisions, Always verify the details and rely on your own research before investing.

actually you are making sense because some of the influencers right now do the same people to invest in cryptocurrency especially some altcoins that does not have a potential so what I'm trying to let us know is that if you want to invest in cryptocurrency don't wait for someone's recommendation make sure that you make your own research to know the advantages and the disadvantages impact of it before you invest because probably many people redirect beginners who in you into cryptocurrency to invest in some certain cryptocurrency investment platforms using a celebrities name and after the investment the investors who invest would not reap what they have invested so probably that is a pure scam so we don't need to indulge into some certain recommendations of people.
7  Bitcoin / Bitcoin Discussion / Re: Will cryptocurrencies see a new wave after Trump's election? on: May 13, 2024, 03:55:41 PM
What I want to let you know is that you won't believe on politician statement because politicians what they need is to convince you so that you will make actions to vote for them during election and when they assume office all the promises they made it will take by the grace of God for them to accomplish their promises, for me there is every possibility that he can do what he said but I'm trying to let you know that you want to use this Avenue of campaign to deceive many people so that they will vote for him that is the method politicians has introduced in order to win people's soul
8  Economy / Speculation / Re: I believe Bitcoin will surge to new heights after this dip on: May 13, 2024, 03:52:26 PM
Regardless, cryptocurrency investors are always looking for opportunities to buy on dips.

Renowned analyst Michaël van de Poppe has recently provided analysis and predictions on the Bitcoin, Ethereum and altcoin sectors. The analyst said that Bitcoin is currently trading in a tight range and could rise to around $70,000 to $72,000 if it breaks through the $63,000 level.

As of now, Bitcoin is trading at $61,707, down 3.7% in the past week and down 8.4% in the last month. All eyes are now on the key data released by the United States next week that will determine the fate of Bitcoin and the cryptocurrency market.
despite the source of this information I think about the only way that we can agree on bitcoin price is now we carry out our own research and the compare it with other persons then the results will determine if what they are saying is truth or not because sometimes when you follow the prediction of Bitcoin it fails and sometimes to it approaches the exact price of Bitcoin because some analysis does not come from a good source and you cannot believe on someone prediction because it can mislead you so I know quite well that cryptocurrency is a something that I know that have to use your understanding for its speculation.
9  Bitcoin / Bitcoin Discussion / Re: Do not get discouraged by the current price of Bitcoin on: May 13, 2024, 03:48:44 PM
Everyone can say whatever thing he or she understand by Bitcoin where is certain person who condemn cryptocurrency, so I know quite well now those people really advise people wrongly not to invest in Bitcoin when they have not invested in Bitcoin before so I believe that the only thing that will make you to invest in Bitcoin is when you have make your research to know if bitcoin or not so you can invest really without adhering to anyone advice
10  Bitcoin / Bitcoin Discussion / Re: Did you start investing in bitcoin because of some celebrity ? on: May 13, 2024, 03:46:17 PM
I see that current youth is inspired by celebrities and influencers in big way. Did you also start investing in bitcoin because of some celebrity ? Or you know people who belong to that category ? Is it a wise decision to do so or we should do our own research for better results ?
it is obvious that we start our cryptocurrency investment especially bitcoin investment when we feel like because what motivated some of us to invest in cryptocurrency is not that we are being inspired by any celebrity our motive to invest in Bitcoin is very crucial and it is a personal decision to anyone who is into cryptocurrency but on my own understanding and the reason why I invested in Bitcoin it is because of privacy and I made a research to know Bitcoin, likewise other people for bitcoin is very wild and popular for people to invest on it without anyone to tell you.
11  Economy / Economics / Re: Debt Management. on: May 12, 2024, 09:08:52 PM
That is why we choose which kind of debt we are up into whether it is a good or a bad debt we can personally decide. The only problem is that majority of people use bad debt to fund things they don't even need I mean those "wants" are the worst liability for me because I've been there before but then I realize I had to change my mindset or else I will be having a never ending debt.
from my own understanding and my reasoning to be a debtor it's not really good and it damages the image of the person so that is why I don't like to inform myself owing someone because I know something that it will result tomorrow, owing a somebody a something that have to do with the this regard in Society because when you are owing someone the person would like respect on you and they will also this regard you when you have not refund him or her money when you are not supposed to make a refund
12  Economy / Economics / Re: If you want to be wealthy you need action on: May 12, 2024, 09:05:59 PM
For you to be wealthy in life what you really need is a good strategies to operate because many people today has been a victim of different challenges because of lack of concentration and the strategy to know some certain things that will up lifts you, so I'm not against it in all means I know quite well that time be successful is very difficult unless you are opportune to gather an accurate information that will uplift you.
13  Economy / Economics / Re: Digital Bank on: May 12, 2024, 09:02:21 PM
Anyone who is familiar with digital bank?  All I know is that, unlike traditional bank, they do not have the bank building hence saving them from all costs related to it.  In my country, they are offering higher interest rates returns compare to their traditional bank counterpart.  Anyone knows the reason why they can do that?  Also, what is the pros and cons of using digital bank instead of traditional bank?
how many persons are into a digital banking because they have not been important of digital banking because in that aspect it is more safer when you invest your money or when you keep your money in the digital banking system than keeping your money in the bank. And still bank will be deducting in the name's of bank charges.
14  Economy / Economics / Re: Oil producing countries experiencing hardship. on: May 12, 2024, 08:59:31 PM
Crude is one of the most valuable natural resources in the world but if you look around many oil producing states are facing serious economic challenges. Before now crude used to be valuable and made many countries wealthy but now nothing like that again. Is it that these natural resources are not enough to keep us going?

Hydro and electricity is making crude to become irrelevant that is why it is not bringing much value,  and people still depend on crude.
the thing that cause some countries that have a crude oil for continuously on kept and also undeveloped it is because of the governing council of that particular country, some countries that have oil blocks I think in there are doing well and they are developing their country with a their natural resources income but some countries that lack management and the leadership and the leadership does not know they measure concept of managing their crude oil and their country
15  Economy / Economics / Re: Money is all wealth? on: May 12, 2024, 08:52:51 PM
Money can never be wealth
Because money is controlled by the government and the value of money keeps decreasing
Money is never wealth but knowledge skill and ability to achieve something properly healthy body and happy beautiful mind is the real wealth.

Which has never been done with money and will not be done in the future.
it is obvious that money is the one that controls everything and with money you acquire wealth, so money is an engine room or engine has to acquire much wealth on Earth, whosoever that says money is not wealth that means the person does not understand the collaboration or the relationship between wealth and money
16  Other / Beginners & Help / Re: What can we do to make Bitcoin hit $100k on: May 07, 2024, 10:32:01 PM
You can write posts on social media why people should invest in Bitcoin, you could engage in debates with people who say that Bitcoin won't go up and will go down instead and so on and so on. But you personal contribution would hardly move the price, only if millions of people did that at the same time there would be a chance to influence the market.
another way we can contribute for bitcoin increment is to introduce people to invest in Bitcoin especially companies, because if company accept Bitcoin for payment I believe that other people who have a company will also like to follow such step and then when we have so many of persons or so many of companies that adopt Bitcoin as a method of payment that will also help Bitcoin to Skyrocket in price.. I could remember vividly that what makes a Bitcoin to be well known today is as result of social media influencers who introduced bitcoin to different platforms so people know in Bitcoin is also one of the things that contribute for the price to rise to the extent of being in position bitcoin is today
17  Economy / Trading Discussion / Re: Should trading be for the rich? on: May 07, 2024, 10:05:06 PM
There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?
some persons doesn't know how to trade they j6st want to answer a trader, if see people who is complaining of lost in Trading you can see that those people is people that did not learn how to trade,  because people that learn how to trade doesn't make a series of mistakes in trading,  a good trader moat learn and understand the procedures of trading before they can be able to trade because the risk measures they have learnt...trading is basically base on your intellectual ability and if you understand the concept of trading you will not complain much base on loss you experience
18  Economy / Trading Discussion / Re: Day trading or Long term on: May 07, 2024, 09:54:55 PM
I think long term investment is better, as day trading comes with high risk. But the profit in day trading is also high. But in day trading, as there is profit, the possibility of loss is very high. In that case the investment is low-risk. If you can invest for the long term and hold for a long time, you can make a lot of money from the investment as well. Only the investment should be for long term. And never stop holding in panic. But you will be able to make a lot of money from holdings as well. I always hold using DCA method and I think long term investment is best.
in normal circumstances I know very well that in cryptocurrency investment the one that matters most is a investment that will give you profit and I know that a long-term investment is something that gives you profit is long-term investment, some people do invest in short-term investment and some persons like long-term investment due to the profits that is involved on it, I know very well that cryptocurrency investment is with targets if you really want to make a profit, if you want to make a profit in cryptocurrency make sure you invested for long term is due to they want profit
19  Economy / Trading Discussion / Re: What ways can a trader raise money? on: May 07, 2024, 09:37:11 PM
There are two types of people who learn trading, there are those who already have a source of income and are looking for way to multiple it so they choose trading as an option for them, while their others without any source of income but just learning to trade for the sake of knowledge and hoping that one day they will be able to make enough capital to invest into trading.
How would you advise a newbie trader without any source of income to gather together money that they can use in trading?
Exclude this options that they have to get a job and save up money because if it was so easy to get a good paying job, some of them may not even be trading.
What will you advise, would you advise them that at a level when they are sure of their knowledge should try to convince other people they know to give them some money as investment or convince strangers to invest in them?
in norms trading supposed to be meant for people who have job already, a beginner is not supposed to use trading as the key of work because theirs two things involve in trading its neither you have another job and take trading as a second option for your job, because in trading the disadvantages is higher than the advantages of trading and its something we don't know, so in trading we need to know that it has to do with risk and beginners doesn't think of that because they don't know what a trading may result in their life..many people who rush into trading without gathering the information of trading has lost out due they couldn't pass through advice before they established trading..we to read of trading very well before we go into it because it lost you experience once can make you to go into depression.
20  Economy / Trading Discussion / Re: Lack of capital or knowledge, which one is holding traders back from profits? on: May 07, 2024, 09:27:39 PM
Many people who is a trader has been lamenting on this some years back saying that threading is a sad Hustle and you cannot depend on trading you can have any other job to do but try them will be as a supporter of whatever you are doing but many people think that participating in Trading will make you to active whatever thing you want job you can do so from my own understanding of trading I cannot take trading as mine major work because I know quite well at one day I'm a lose whatever thing I have to trading so it is better for me to use trading as a side Hustle.

Which of this problem is more common among traders?.
Lack of knowledge is the first problem, before lack of capital follows as a problem. A newbie to trading does not have knowledge about trading at first and also does not have knowledge about the amount of capital required to become really profitable from trading. A newbie to trading may have the idea that the little capital they have in their possession would be enough to turn them into big millionaires, but it's not always the case.

It is not that it is impossible for a trader with little capital to be profitable, it will just require a very good trading strategy and a lot of patience. A new trader with a very good strategy can flip their portfolio from a very small deposit to a very huge profit with a very good strategy but does not always happen.
basically what people really need to succeed in Trading is to know the basic functions of trading and the the rudiments of trading before, they ventured into it so I know quite well that in trading you have to understand the procedures and understanding the procedures of trading it is a personal knowledge and it has to do with a personal research..basically making a profit through trading is basically base on your strategy and what you have understood by trading. The mistake we make in trading is not to know its paths before we establish trading.
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