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1  Economy / Speculation / Re: Buy the DIP, and HODL! on: April 24, 2024, 01:50:43 PM


I agree with you a lot Princess but I don’t agree with you about shitcoins not having a future, the way you sound right now makes me believe you think all other coins aside Bitcoin are shitcoins.


Actually, aren't they? Shitcoins are shit. Whether they have been shit for a while, or new . Why is Bitcoin so different from shitcoin?
Here's why.
 Bitcoin has value because it can be exchanged for and used in place of fiat currency, but it maintains a high exchange rate primarily because it is in demand by investors interested in the possibility of returns. . Emphasis on the last part.
Bitcoin can easily be traded for cash or assets like gold - instantly and with incredibly low fees. This makes Bitcoin a great investment for people looking for short-term profit, as well as those considering long-term investment due to its high market demand. The total number of BTC ever to be in existence is capped at 21 million. This scarcity creates a sense of value and exclusivity, similar to precious metals like gold. Insofar as the demand for Bitcoin increases over time, the limited supply acts as a catalyst, driving its price higher  and higher, do you get that?



Bitcoin (BTC)
Market cap
$1.30 Trillion
Current price
$66.221
.
Shitcoin 1(ETH)
Market cap
$390 Billion
Current price
$3,254
.
ShitCoin2 (BNB)
Market cap
$86.3 Billion
Current price
$577
.

Shitcoin 3(SOL)
Market cap
$69 Billion
Current price
$154.53

Investing in shitcoins is simply gambling. Shouldn't be referred to as investment.  If you didn't get it, read it again. Any and every coin that isn't Bitcoin is shitty. Bitcoin has proven to be the one and only time and time again.


That's actually not the right explanation on what makes a shitcoin a shitcoin. Or it's probably just people having different definitions on what shitcoins actually are. BUT if you ask me, shitcoins are those networks that have incentive structures that don't make sense. They may be sort of working today, but that doesn't mean there isn't an attack vector that could be exploited tomorrow.

Those coins that you have in your list all use Proof of Stake. That itself makes POS networks open to attack vectors that could originate from flaws in its incentive-structure.
Actually, you're right, but then aren't they shitcoins though? I made a list of the 'top' shitcoins behind Bitcoin. Not implying that market cap is what makes a coin shitty, but there's that though, to some extent.
In the end, they're all shitcoins, regardless of your definition of the term, Reason being that all and every coin besides Bitcoin is shitty, given that there doesn't exist any coin now that's a btc alternative.
2  Economy / Speculation / Re: Road to 100k? on: April 21, 2024, 12:50:21 PM

So, if the price goes up a lot, there might be some times within those kinds of periods that it goes down, but the mere fact that it might go down or that it is currently seeming to go down, does not mean that it will go down, so better prepared for UP in case you don't have any or enough coins, which again most of the world is in such a position, whether they realize it or not.
That's just it. Period.
While there's the decline and price falls and all of that, man this is Bitcoin, there's always that open tendency of an upward incline, most times a rather sharp one. While you do not have enough coins, or any, I think it's not wise to bank only on the fact the Bitcoin prices may drop, but also the way it can go up (We've seen that repeatedly overtime. ) as it could hinder  us from investing in Bitcoin or adding [substantially] to our holdings.
3  Economy / Speculation / Re: Road to 100k? on: April 21, 2024, 12:38:14 PM
Only weak holders would be discouraged by a small decline like now, because there are still more investors out there who continue to buy Bitcoin at this time without being discouraged by the current price correction. And if you are someone who thinks optimistically about achieving a price of $100K in Bitcoin, of course you will never be discouraged by the current condition of Bitcoin prices. Because you can think of it as an opportunity to buy at a lower price before the Bitcoin price heads to $100K.

Weak hands do not deserve to hold Bitcoin when Bitcoin gets to $100,000, any one selling Bitcoin because of the price is falling is a weak hand investors in spite the f what your investment strategy is, and they'll wish they never sold. After Bitcoin halving is done. Bitcoin will be on the road to get to $100,000 and it will happen so fast. Just as people did not believe that Bitcoin can get to $72,000 before the halving, they will be surprised when Bitcoin gets to $100,000 only few months after the halving. If you do not want to hold Bitcoin there are many institutional investors that would be willing to buy the Bitcoin that you are selling. There is going to be less Bitcoin for market buyers and price will rise because of demand of Bitcoin therefore a better strategy will be for you hold the one you have and look for money to buy more than to sell the one you own.

You know we all have to look at thigns from the stand point that we Don't know the future and anything can happen right now , this would help everyone better define themselves and be prepared for anything that would happen in bitcoin. The question is what I bitcoin doesn't reach 100k after this halving, what if it takes another year or two before this happen, would I be disappointed or discouraged to carry on my bitcoin accumulation pursuit?,now if this is answered in your minds you would come to understand that it's far better to focus on accumulating bitcoin especially if you are still in your first 1-4 years in than even anticipating or praying for price increase.

Most of you paying for bitcoin to reach 100k should also be aware that we would be buying bitcoin at a higher price which is bad news to me and that's is my worst case senerio right now, so what do I do and how do I prepare for up, the only way to be well prepared for up is to have enough bitcoin, infact more bitcoin In your stash, to me anyone busy anticipating price movements is a short term holder and a long term holder has no concern with such and should be more focused on buying more bitcoin.
Exactly. When you look at it from that stand point, you see that the party for Bitcoin to hit 100k is only favorable to those who have been accumulating over time, as it would be, in a view, somewhat disadvantageous to those just starting up. When Bitcoin hits 100k, even the dips will still be high priced.
Whatever preparation you decide to take to curb that situation is a YOU thing. There isn't any strategy that is generalistic to a prime.
And yes, I agree with you that long term holders have no business timing and monitoring the markets because ar the long run, those small changes, price fluctuations, don't really matter.
4  Economy / Speculation / Re: 100 Push-Ups A Day Until Bitcoin Is $100K Challenge on: April 19, 2024, 11:28:41 PM
Happy Halving Day!  Even though I told everyone else not to do more than 100 push-ups per day, I did 200 today for the halving.  It surprisingly wasn't any more difficult than doing 100 in a day.  I just had to remember to do them more often, which isn't a problem when you're checking blocks throughout the day.  Looks like the price will be around $64,000, which I find a bit surprising.  I thought for sure the market would want to see a $69K Bitcoin price on 4/20, but I guess there's still time to make that happen. 

100k,OgNasty,78,7900,2024-04-19
Happy halving

5  Economy / Speculation / Re: 100 Push-Ups A Day Until Bitcoin Is $100K Challenge on: April 19, 2024, 10:27:39 PM

This challenge made some people do push-ups for the first time in their lives. If they adopt this 30-second rest before they start another set, they may want to quit this challenge because they will not have enough strength to even do up to five push-ups in the second set. If I adopt this strategy, I will not maintain my 50 push-ups in a set because my body will not get enough rest that will allow me to endure pain and still push until I reach 50 push-ups in my second set. Taking enough rest when working out is important for our bodies.
While you are correct, there's only an extent to it. Too much rest too isn't good at all for work out breaks. Consider this,  taking breathers for more than 90 seconds tend to leave you a bit tired as fatigue builds up during that break, and constant breaks Ike those beats the whole essence of training as the target muscles relax for too long. It's like, let's say rubber. An elastic, pulling consistently for a period of time tends to stretch it better than pulling and having long breaks. To hit the elastic limit, before the elastic material reverts to it's original size, you stretch it further. Delete elastic, and rubber and fill with muscles and it makes so much sense. Long breaks between sets aren't advisable. Instead, do sets that you can keep up with when all the breaks you'd be getting is at most 90 seconds.
Actively engaging the muscles is the whole idea, and it doesn't matter if you're new or not, that's why work out rolls with discipline, just do according to what you can, and a little further.
My report
100k,kwarkam,52,10560,2024-04-19
6  Economy / Speculation / Re: Buy the DIP, and HODL! on: April 19, 2024, 10:11:12 PM


I agree with you a lot Princess but I don’t agree with you about shitcoins not having a future, the way you sound right now makes me believe you think all other coins aside Bitcoin are shitcoins.


Actually, aren't they? Shitcoins are shit. Whether they have been shit for a while, or new . Why is Bitcoin so different from shitcoin?
Here's why.
 Bitcoin has value because it can be exchanged for and used in place of fiat currency, but it maintains a high exchange rate primarily because it is in demand by investors interested in the possibility of returns. . Emphasis on the last part.
Bitcoin can easily be traded for cash or assets like gold - instantly and with incredibly low fees. This makes Bitcoin a great investment for people looking for short-term profit, as well as those considering long-term investment due to its high market demand. The total number of BTC ever to be in existence is capped at 21 million. This scarcity creates a sense of value and exclusivity, similar to precious metals like gold. Insofar as the demand for Bitcoin increases over time, the limited supply acts as a catalyst, driving its price higher  and higher, do you get that?



Bitcoin (BTC)
Market cap
$1.30 Trillion
Current price
$66.221
.
Shitcoin 1(ETH)
Market cap
$390 Billion
Current price
$3,254
.
ShitCoin2 (BNB)
Market cap
$86.3 Billion
Current price
$577
.

Shitcoin 3(SOL)
Market cap
$69 Billion
Current price
$154.53

Investing in shitcoins is simply gambling. Shouldn't be referred to as investment.  If you didn't get it, read it again. Any and every coin that isn't Bitcoin is shitty. Bitcoin has proven to be the one and only time and time again.
7  Economy / Speculation / Re: Road to 100k? on: April 16, 2024, 02:08:31 PM


From my perspective, newbies seem to become too overly obsessed with short term profits and not considering how to stack a sufficient quantity of BTC for the long term - which surely may be one of the danger points in having a thread that focuses on the road to $100k.. .
[/quote]
Most times newbies forget about the big picture and that in  short term Bitcoin investment, you risk more losses, unlike having a long term investment accumulating Bitcoin.  The road to $100k is most relevant to those accumulating and holding Bitcoin rather than short term traders.

Overall, we should consider that BTC's price is going up.  It is just a matter of having a perspective that is long enough so that the shorter term volatility does not distract from an overall understanding of the likely price direction.
This is what I'm driving at.  You articulated it better than I did. Generally,  The slope is an upward climb, and  there maybe slight jaggeredness on the way up there, that could be problematic for short term investors. Setting an investment range that stretches into 'long term span' sets you in motion for bigger profits.
8  Economy / Speculation / Re: 100 Push-Ups A Day Until Bitcoin Is $100K Challenge on: April 16, 2024, 01:50:11 PM
I hate to break the bad news to you, but if you suddenly increase your pushups all at once.. like doubling them, then you might start to get really sore, so you may or may not be able to continue to increase, or if you do too many sets in a row, you might get more sore from that, so even though you might improve your pushups, you also might have some days that you are even more sore than you had been on previous days.

Maybe this will all work out for you, but sometimes there can be advantages in spreading out your pushups throughout the whole day, especially if you are going to continue to want to do several sets in each day and try to continue to do them every single day (even if some days might be higher numbers of pushups and other days might be lower number of pushups, but as you build, you still should be able to continue to increase your overall quantity of pushups, as long as you do not end up injuring yourself or otherwise overdoing it).  It is like investing into bitcoin.  You want to be aggressive, but not to overdo it otherwise you might end up injuring yourself

You're right after hitting those numbers of pushups all at once, I began to feel some sore in my shoulders which endup slowing down my 24-04-15 pushups, I endup hitting 50 pushups only , I will tried pushing further but I couldn't due to the disturbance of the sore In my shoulders. So I've decided to keep to your advice in spreading out my pushups. Because Doing so will be able to hit some nice numbers of pushups (due to fact that I've gotten some nice stamina in my pushups lately ) without over doing it or over pushing my self. Like I've already hit 20 pushups in my first set of today and later in the day I'm going hit another. Let's me use this medium to drop my re
The body is a system that shows signs when it goes through stress and change. Even when you feel sores on different parts of your body( not the normal stretches you feel as a result of work out ) and you decide to take a step back, you should  also try not to be comfortable at that spot, because sometimes when we experience pain, it's a phase, and thereafter, the muscles get stronger. That's one side to it.
Spreading out your push ups should be modified to how much your body can take, and not necessarily that they must be split evenly.
Some days you really do need those step backs, as overdoing your body could lead to injuries.
9  Economy / Speculation / Re: Buy the DIP, and HODL! on: April 16, 2024, 07:59:39 AM


Ain't nobody got time for that
Exactly the point I was going to raise. This is a Bitcoin forum, buy the dip and HODL. Specifically talking about Bitcoin accumulation. We don't need some confused people coming to advertise shitcoin here.

I think we really need a 'fuck off' button. Or an off topic flag kind of thing on here 😂. It also pains me that anyone would see any other coin as a Bitcoin alternative

Anyone that think that in the crypto industry, their is an alternative to Bitcoin is just making a fool of himself, because too me, is either he or she is misinformed or uninformed, because if you look at the historical price performance of Bitcoin, you will know that it always rally back even when it's going through some rough path.

But with shit coin? Their are so many red flag attached to it that will make no inform person even have a second thought on gambling on  it, because that's what it is, investing in shit coin is just gambling, something that falls more than it rise, and when it falls, their is a 98% chances of it not getting back to it previous value again, that's why it really pissed me off when I see someone is talking about diversification in the crypto industry, As if their is anything like Bitcoin in the crypto space.
Precisely. Misinformation is actually worse than uninformation as those that are misinformed usually want to, try to, strive to defend their cause. Trying to make shitcoins not sound so bad. And I'm careful, as most people that refer to shitcoins as 'altcoins' may be in the category. Infact Bitcoin are all Bitcoin wannabes, but in reality, they are quite the opposite. Shit that's what they are. We can go on an on dragging them down, but I prefer to talk about accumulating Bitcoin and all the possibility it pulls along with it.
10  Local / Politics and society (Naija) / Re: Is Dollar The Cause? on: April 16, 2024, 07:52:55 AM
You do well, Lizzy to drop this kind thread. But first first make we know sey like this eh, no be everything wey go wey na dollar cause am. You dey get? I no dey talk sey dollar no dey affect everywhere o. Because when dollar go up, everything go follow because most raw material prices them dey very very tied to the exchange market. But our lovely Naija na place where anybody fit do anything. 😂To me, e no get any reason why egg go add price na. Wetin fowl dey chop?
Why garri go dey cost? Cassava, na we get am, wetin be the thing?
Even if a certain area, dollar no really affect, as the business owner see sey everything don dey cost, en go feel say he gats increase him own price to match.
Dollar na one reason for price increments, then there's fuel too. We know seyif fuel go up, we go hear sey pure water na 100, 150 per satchet😂
Well as e take concern the rent matter, make we understand sey first first, new building dey cost to rent, two, the maintainance and cost of the building too dey affect rent. As price of materials dey high for market, na so the maintenance too go cost and the landlords too they wan see their money , e suppose highif dollar high, but na the intensity of the highness na I'm be the thing. Some landlords fit dey inconsiderate for how them dey raise am
Another thing wey dey make house cost na the location.
If the house dey sited for well developed area, normal, e gats high but knack am that one, knack am fuel, knack am dollar, you go understand. But the funny thing there be say even if dollar fall, naira go up, we know the country, majority of these things no go drop price.
If you dey live for portHarcout, you go see am, even for the whole country.
Family loaf was about 350, 300, and dollar was less than 500 naira,about 300 there about. Oya dollar rise rise rise till before we know, fuel add ihim own, the bread reach 1k, now, e dey 2k. 300 naira bread o. Oya imagine house na. You get?
Sometimes even if the factor wey dey make things cost comot, these people no go gree drop price.
So, yes, dollar dey affect price. When you purchase materials at a certain price, then fuel high, transportation go high too, so when you produce the finished product, e gats high too.
11  Economy / Speculation / Re: 100 Push-Ups A Day Until Bitcoin Is $100K Challenge on: April 16, 2024, 07:28:41 AM
Well, it seems like the challenge just got more indulging than ever before! Been doing my polish ups and haven't visited the thread for days and I felt left out, somehow😂
You know, trying to come back with surprising figures, and seeing the progress of other members is just motivation on its own, I just wanted to be here so bad.
This is just indulging, I've been doing the challenge, but there's this new feel to it, can anybody relate?
My last post on here, I said I'll go beyond my 200 push ups bench mark, and I did. Baby steps, I did 220 for the past five days.
Now push up is something I can do, so I try to work on time.
I need to finish 220 push ups in an allotted time. And over time, see how to keep reducing the time frame.
Wonder if id get to 100,000 push ups before Bitcoin.... It's a race then!
To all of you posting your progress, just know that in little ways you're motivating others.
My report:
100k,Kwarkam,49,9900,2024-4-16
12  Economy / Speculation / Re: Buy the DIP, and HODL! on: April 15, 2024, 06:47:13 PM

 Profit making in bitcoin might not be as mouthwatering as it is in other shitcoins if you are investing with little assets, but you are sure of your investment and profits as well.

Seriously,  shitcoins shouldn't even be put next to Bitcoin. Because, what for? Bitcoin is an investment, and shitcoins are simply means to lose money. Please, let's minimize how we talk about shit here. Unless we're making references, to promote Bitcoin. Because that's what this thread is about.

.
.
I think we really need a 'fuck off' button. Or an off topic flag


We really do need that button.😂


All coins except bitcoin are sit coins
Period. If you are really impatient to lose money, just invest in shitcoins. Most times people try to soften the tone, and call them altcoins, but let's be realistic. They're shit. All of them. Every single one of them. I said it.

It does not matter.  There is no need to bring them up, unless you want to denigrate them. .. No need to say that they should be part of anybody's investment.. Talking about shitcoins, especially in an attempt to spin something positive about them remains a slippery slope.


It's dumb, wringing positivity out of shitcoins. They do that just because they have holdings in shitcoins and want to justify themselves and feel good and alright about having made investment in gambling.

You can do what you like, but there is no reason that any of us should want to listen to any bullshit about which shitcoins any other member believes is less shitty.. and it is especially distracting to mention something like ethereum that so many try to compare to bitcoin as if it were similar .. fuck ethereum  and fuck, other shitcoins.  You can talk about that bullshit in some other thread. .This is not the bitcoin and also ethereum as second best thread.. that is retarded to even allow that.. without pushing back on any member trying to argue to include any of that crap in this thread.

.

One of the times you take the thoughts outta my head . Shit is shit, that is universal. Nobody cares which one is less of a shit. Infact  Bitcoin has no alternative. Crypto is Bitcoin.
I'm sick of hearing people subtly preach shitcoins and whatever else related to it. Trying to defend the shitcoin you have invested in, and how it's better than the next. They're shit. That's all there is to it. And if after all the information, and expertise that people on this forum are fortunate enough to be exposed to, they still do shitcoin, they're almost beyond help and aren't really listening in.
Shitcoins aren't welcomed here.
13  Economy / Speculation / Re: Buy the DIP, and HODL! on: April 12, 2024, 02:31:53 AM

I agree with you, sir. At the very least, before any one goes into Bitcoin , you should  have an emergency saving, and yes a steady, reliable source of income, so you don't end up using your holdings prematurely to sort out emergency situations.
While there can be a lot of upsides to Bitcoin, remember that the downsides can be sudden and sharp. Also note that Bitcoin  may have a higher chance of going to zero than many other assets. In light of this, it would be wise to limit your allocations to an amount you can afford to lose.

If you're looking to diversify your portfolio or are saving for a particular goal (particularly a short-term goal), Bitcoin may not be an appropriate vehicle due to its unpredictability.
In essence, what I'm saying is that firstly, before going into Bitcoin, you should atleast have a reliable source of income that can fund your investment, so you don't have to touch your holdings to handle emergent issues, and then, Bitcoin best fits long term investment, as in the long run the profits pile, but in a short frame, losses can be counted due to its volatility. I think I made sense .


 In as much as you are right in few of your expression, I dis agree with you mate, with your Short sighted way of spreading negative messages about Bitcoin by sounding so crazy in your narrative of what you think Bitcoin is, Bitcoin is one of the best if not the best when it comes to the world digital assets class and has proven beyond every reasonable dout about it's potentials from history since it's inception or invention , Bitcoin is not as risky as some people claims or proclaim but he I don't give a fuck about what you think Bitcoin is, because Bitcoin has made a significant outstanding performance, which gives you total control over your money, enabling borderless transactions, offering protection against inflation, preserving privacy, and as well creating an investment opportunity, Bitcoin is a save haven,  Bitcoin  is a store of value and wealth . You don't have to be dump and refused /failing to see the beauty of the potentials Bitcoin holds.
Throwing shade on Bitcoin wasnt the whole idea of the post.
What I'm saying is that Bitcoin works better for long term investors.
And it'll be sad if you didn't get that part, mate.  Also I implied the volatility of cryptocurrency in general when I said Bitcoin can fall, and all of that. Not necessarily that it's a bad investment choice. And making the said implication, is all with regards to  short term investors.
14  Economy / Speculation / Re: 100 Push-Ups A Day Until Bitcoin Is $100K Challenge on: April 12, 2024, 02:26:42 AM
I have a different routine now and working mostly on the lower body but great job to those who started early and followed through this challenge. They probably do 50 to 100 push ups in a row but it's just a mere warm up before lifting hehe. Can you confirm this JJG?

I have been doing some lunges, and I am thinking that the lunges might be good since they can be done anywhere, just like pushups.
Lunges exercises are also good exercise, outside that this exercise can be done anywhere it's also a powerful exercise that help to strengthen and shape almost every muscle in the lower body like the glutes, hips, quads etc.
Sometimes I use lunges exercise to end my push-up exercise in any of my session I usually start with the minimum of 3 set 10 reps in the first set, 12 reps in the second set and 15 reps in the third set, then when I want to increase my intensity I do a walking lunges exercise. This exercise has really helped me a lot combined with my push-up exercise.

Yeah, I might have to figure out a way to get more serious and regular about it, since I tend to do it somewhat infrequently, and it is kind of tiring to do them.

In recent times, I have been doing them as a walking lunge so that I continue to walk and my knee barely touches the ground with each step and I tend to keep my arms out for balancing, even though I know sometimes folks will add weights, like 10 pound or higher weight dumbells in each hand, but I find them hard enough to do with just body weight.  so maybe I will do 10-20 lunge walking steps at a time, and maybe a few sets depending on how I feel, and probably if I was more consistent I could probably increase the number of steps.

Here's a descriptive article:  https://www.healthline.com/health/fitness-exercise/lunges-muscles-worked

I agree with you, JJG. Some of us cannot do up to 10 push-ups a day, but if this rule is implemented, they will do their best to improve their push-ups because they will want their names to be included in the table.
As long as a person isn't suffering from any health issue isn't not been able to do 10 push-up exaggerated.
Do 2 in the morning
Another 3hours time before the day runs out 10 should be possible.
Using 2 is the minimiest I could go.
Okay 100K,Ambatman50,50,2024-04-10.
After hitting 50, I said let me rest before adding a 10 or 20.
Closing my eyes the next thing I heard was my alarm ringing for work  Cheesy
The good news is I'm sure I did it to my limit including doing abdominal crunches( can't neglect the abs)
And the bad news my muscles are rigid.
Did some stretches and push-up of 5(the mind was willing but the body wasn't) before heading to work.
Might not be able to do up-to the 50 today but let's see how competitive I can get.
In a week or two I'm sure I would be able to do 100+ per session
Was my normal routine before falling ill.    

You are posting your format wrong Ambatman.  The way you posted, it looks like you have 50 days and 50 pushups, which would be 1 pushup per day.  I know tht you are trying to say that you did 50 pushups on 4/10/2024.. but for the purposes of the table, that is not how you report.

You need to put the total number of days that you have been doing your pushups after your user name, and then the total number of pushups that you have done at the time of your last posting of your update, which the date is meant to show the last posting (or the posting of  the total number of days and the total of push ups up until that time).

So, I did my 200 already because it's going to be a busy ahead. I came here and saw tge leaderboard thing, and I love it!
I have my own source of motivation, but this, totally hits different!
I'm going to try to advance beyond my 200 mark in subsequent push ups. I'm thrilled, yes. This is something that should've been done before now, although it's  still a blast.
I edited the list though

Instead of editing the table, all you need to do (to get your updated information into the table) is to put your updated information in the proper reporting format.  Like this:

100k,Kwarkam,44,8800,2024-4-11
My bad. I won't make that mistake twice.
15  Economy / Speculation / Re: Will BTC dip again? on: April 12, 2024, 12:53:39 AM
The fluctuation won't matter if you're a long term investor, unless you're an active trader. When you look at the bigger picture all these fluctuation in price won't matter since in the end, the graph is an upward one 📈
16  Economy / Speculation / Re: Bull run again, huh on: April 12, 2024, 12:50:05 AM
On this forum, I found out some information, and seriously want to ask it here.
What is a realistic expectation from the bull run, given  the last one in March 2021, Bitcoin hit  $61,000 and fell down to 31k about two couple of months later... It rose later on, amazingly though. But is this price fall normal in the bull run?? What is a helpful tip here.
you are asking about 2021 when you should have asked about this 2024 ? if you are asking about that specific growth in march 2021 and dumped then that is correction and again climbed up to 68k before the bear completely come.

but this year Bull run have had happened just after you posted this so myquestion is that "have you bought that day"? or continue asking the same BS again and not putting any money on it?
Try comedy too, aside Bitcoin. You made me laugh.
I asked what I asked for a purpose,  and it'd be sad for you to think I'll go around ' asking the same BS'...
And fyi, I have put money on it, alot. So why don't you get to the part where you actually contributed to the thread, since some other newbie may be scrolling around looking for answers. Oh wait. They probably already did before yours.
Man, ease up.
The first and last part of your post is just....
Well I rest it here.
Bad day it's been.
17  Local / Nigeria (Naija) / Re: Avoid these crypto investment mistakes on: April 12, 2024, 12:41:29 AM
About diversification of investment, be aware not to over diversify your investment, as you could end up splitting allocations that could go into Bitcoin with too many investments, some of them which may be failed enterprises, and you end up having smaller Bitcoin holdings than you should. Diversification is key, just like the saying goes, not to put your eggs in one basket, but if the basket is Bitcoin, oga, put am. 😂
You need to know what it is that you're investing in, and it's authenticity and reliability.

One thing I'd like to add is that before going into Bitcoin, know that you need a steady reliable source of income to be able to fund your investment with, so that you will have no need to touch your coins before the allotted time.
And if you want the best of Bitcoin, it goes with long term investment, buying and accumulating, rather than trading.
18  Economy / Speculation / Re: Buy Buy Buy or Sell Sell Sell? on: April 12, 2024, 12:27:11 AM


Have you been trading the whole time that you have been in bitcoin?  Do you think trading outperforms buying and accumulating? 


IMO, buying and accumulating appears to be in line with Bitcoin's behaviour. As the profit piles over a long term, and as such fits a long term investor. Holding over a short term could curtail losses, or the risk of it spikes by a lot. What I mean is over a short time, there could be fluctuation in btc price, but then we know that in the long run it's going higher, for sure.
... but sure everyone has their techniques and hopefully you are able to reach your goals and/or to build your BTC stash, but yeah if you don't recognize BTC as valuable, you might be spending too much time stacking dollars rather than stacking sats and that is likely NOT going to end up being as good of a place to be, even if it may well take a bit of time to build up a decent-sized BTC stash.
Yeah, which would still end up being worth it. Buying and accumulating vividly outperforms trading,  and yes, when you keep trading you find that you're accumulating the wrong currency.
19  Economy / Speculation / Re: 100 Push-Ups A Day Until Bitcoin Is $100K Challenge on: April 12, 2024, 12:12:31 AM



Of course, people can report whatever they want, and there is are various ways to do modified pushups in order to make them easier, such as doing them while standing or leaning against a wall or doing them from your knees rather than from your toes or you can otherwise have your body further elevated than your feet  such as using a chair or a stool.  

If such person aspires to do full pushups, but full pushups are too difficult, they can use the modified pushups to work up to the full pushups, yet they could report the modified pushups as if they were full pushups (or course at their discretion concerning how many of the modified pushups they would like to count

Exactly. I mentioned that to you and others on this thread for a number of times. The magic of modified push ups. For me, in my starting days, it really helped me to do  more reps, and it also helped it killing monotony, and hence giving me a little bit more motivation to start. And Instead  to thinking about my target number of reps, as I push myself up to that point, I just do the maths and divide it into few doable sets, and that way it all seems less cumbersome, and somewhat easier to start or get into.
And yes, it's good you mentioned that other variants of push ups can be recorded on here, alongside the traditional push ups, else I'd be fucked.😂
20  Economy / Speculation / Re: Buy the DIP, and HODL! on: April 11, 2024, 11:53:24 PM
A few days ago I was withdrawing some money from my bitcoin holdings to fulfill my dream of a computer, which I also needed. But I think I was wrong, if I had bought the computer a few days later, I could have expected better things, as many people think that the price of Bitcoin will increase after the next halving. from my holding, I withdrew about $500 from Bitcoin when it was worth 69k , after halving it, sold my holdings and bought a computer, I would have got something better.
This is the mistake that newbies make by using the money for their needs to invest in bitcoin, and end up selling part of their bitcoin during accumulating period. You don't have an emergency funds, and you are using the money for emergencies to invest in bitcoin, I hope that you don't end up selling again when the price of bitcoin will not be in your favor and run at loss, maybe that is when you will regret it.

The purpose of investing in bitcoin is to grow it without selling any, no matter the temptation from the market, and that is why it is good to figure out that amount that would not be stressful to you or cause tension to you, and invest with it, so that you can hodli without thinking of selling for a very long period of time. When you are investing, have a bitcoin target and stay focused on achieving it. Although, it might not be easy, but with discipline and sacrifice, and the believe that bitcoin is one of the best assest to invest in for the future. It will be possible.

You have just limited the quantity of your bitcoin, which would have generted a higher profit for you, so what is next, start accumulating now that the price is higher than when you bought those one that you sold...not a wise decision.

Thanks for the clarification but I would also like to add this particular problem of inconsistency is not only tied to newbies because I believe even some persons who have been in the space for some time can still make this error. One thing is to start an investment and the other is to end up with the actual plans you thought of starting with. The points you just dropped are actually the basics to starting a Bitcoin investment because if you don't have an steady means of income where you can atleast cut out a portion that won't affect you if you want to save it as Bitcoin then you might likely just end up using that same Bitcoin you intend to save to solve one or issues that's needs attention just because the planning wasn't certain.

I agree with you, sir. At the very least, before any one goes into Bitcoin , you should  have an emergency saving, and yes a steady, reliable source of income, so you don't end up using your holdings prematurely to sort out emergency situations.
While there can be a lot of upsides to Bitcoin, remember that the downsides can be sudden and sharp. Also note that Bitcoin  may have a higher chance of going to zero than many other assets. In light of this, it would be wise to limit your allocations to an amount you can afford to lose.

If you're looking to diversify your portfolio or are saving for a particular goal (particularly a short-term goal), Bitcoin may not be an appropriate vehicle due to its unpredictability.
In essence, what I'm saying is that firstly, before going into Bitcoin, you should atleast have a reliable source of income that can fund your investment, so you don't have to touch your holdings to handle emergent issues, and then, Bitcoin best fits long term investment, as in the long run the profits pile, but in a short frame, losses can be counted due to its volatility. I think I made sense .
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