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E get any need for all these talk about this man wey die so? I no even know which one wey good pass self if nah the movie industry or nah the music industry becos as e be so them must get involved in something shitty before them blow.
Now this paddy man Mohbad don die and how justice wan take com into play? Nah to arrest this em oga nai go bring am back or kill the pain wey the family of this guy dy go through now, especially the wife?
I just tire becos as we dy find to grow and become famous make we mind the place we put hand becos no amount of story them wan tell me concerning this man death wey I go believe becos las las e get wetin them go hide for this mata. Tomorrow the Naira Marley guy them go release am carry talk full our ear, the next thing mata don die.
If Naira M. no dey guilty, why him dey run him and Sam. The guy get something wey him no want Nigerians to know and him get to explain am Why this so called former Label boss no dey present yesterday for Monbad candle night if throughly him no dey guilty, even Davido wey been dey outside the country return back to Nigeria just to honor this guy. See Nigerians don wake for this case and Naira M. Is going down, talking about his music carrier A lot of people they linked to this matter, him friends (especially that guy wey dey with Mohbad for that hospital and nah still him make video say Mohbad don die) that guy need explain with evidence both Mohbad papa and him wife, they suppose explain if they want justice |
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Bitcoin has been making headlines with its recent price rally. Despite the release of hot PCE (Personal Consumption Expenditures) data and growing speculations of an upcoming rate hike, Bitcoin has managed to approach the $27,000 mark during the previous months. However, it has faced resistance below the $26400 level, primarily influenced by concerns over the debt ceiling.  The debt ceiling concerns have influenced Bitcoin's price movement. The debt ceiling refers to the maximum amount of debt the U.S. government can legally borrow. The recent political debates and negotiations about raising the debt ceiling have created uncertainty in the financial markets, including cryptocurrency. As investors seek stability during uncertain times, Bitcoin's price has experienced some downward pressure, with support levels around $26400 as a key resistance. The correlation between Bitcoin and traditional financial markets is a significant factor to consider, as market participants closely monitor developments on the debt ceiling issue. This Topic is created to examine the Bitcoin's performance and explores market dynamics as a result of the debt ceiling concern |
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Truly money can resolve our urgent needs but in some cases when money is not available, the available should go in for it or possibly take the place of the money to solve the problem. Most times things happen that no one bargained for but you will have no option but to respond accordingly. These experiences are sometimes among the reasons one needs to invest. Irrespective of the nature of the investment, for instance, bitcoin that you have direct access to when you are in urgent need that requires a financial commitment and you have no cash at hand and in your account but you have crypto assets. It is expected of you to sort yourself out. That is good because when you have enough to sustain yourself and more, you invest the excess so as to serve you when you are in urgent need and the investment as the case may generate income as time goes by.
I am trying to gather fact on what you said here. Do you mean funds can be used to invest in Bitcoin, just to keep as emergency fund? Or you mean at a point of emergency the best option to resolve problems is by tampering ones investment. I do not think it necessary to invest your emergency fund in Bitcoin, because you are not yet into sorting out any issue at that moment and you feel using the money to invest is the best. The rate of Volatility in Bitcoin is high and you are placing yourself at a 50:50 risk. I believe it is not advisable. I also think there are better option when your emergency fund can't meet up with challenges at the time instead of tampering with your investment. A loan can be collected from Family, Freinds or any Financial services but not your investment |
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DCA with emergency fund to me sound more convincing and easy to do more than setting aside a percentage from your total income on weekly basis, since emergency funds can also be referred to as leftover money which will be more profitable when saved in an assets that are easily converted to cash like BTC, and from what both of you guys already mentioned, it quite clear that emergence will be the best since in both worst cast scenario and best case scenario if you have a well planned DCA approach you will still end in a good position, since at that point you are not depending on your income to make your investment but rather you are buying Bitcoin from your emergence savings.
But the only side to watch out in all of this is, you must be smart enough not to exust all your emergency saving on buying the dip and in most cases you must at least leave a small portion of the savings behind so that when you have a real life emergency, you will have the funds to sort them out.
That way, the pressure won't be on you bitcoin holding at once and that can allow you to bear market conditions for some time based on long term Bitcoin approach.
To be real about this, using part of emergency fund is not even advisable... You not guaranteed on the expenses of any emergency to happen at any point in time Funds meant for emergency should be kept completely different, same goes to funds for Dcaing |
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~~.. and maybe even having some ideas about how long it might take to replenish that fund in the future.. 3-6 months? maybe a year?
That's what hinders my investment rate if I have to act aggressively in a bear market situation. Yes, to cover emergency fund reserves will take time and that could hinder one of the DCA options that I have done so far. So at this point the cushion we have is not too strong to move aggressively in accumulating BTC so I have to adjust this step well so as not to disturb me at the DCA level at each stage. However, for those who have large emergency fund reserves, they can certainly move more aggressively in the last few days to accumulate BTC below $26k. In this case, every decision is certainly supported by their financial aspects and will not interfere with their DCA strategy. Why most people aggressively invest in Bitcoin others still sees it as a ton of luck or risk. Bitcoin has so many factors compiled together so as to successfully achieve enough profits at its bull run, factors like risk management and market analysis are all to be put together. |
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Nice one OP, just as our people say "Prevention is better than cure", Stobborn flies follows the coffin to the grave" no be say na our wish for any thing bad to happen but many people suppose don hear about the consequences but dey no dey look am as anything.
I go judge from the picture wey dey attached for this post, with the way the person arrange the gas and generator together fit lead to easily explosion, make we try dey help ourselves sometimes no be everything wey happen we go use blame the innocent devil.
Normally we know how the price of fuel dey high but if u no fit afford the fuel and prefer to use the gas, why not move the gas cylinder in a far distance and use hose to connect with the generator. This would help correct the explosion.
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Current Bitcoin price.  The price is going up and I believe it will still come down to $25-100 because the way the price is going up, it is not going up at a good speed. But I believe that before this month kicks off maybe the price of Bitcoin will hit $28k, although the price has been in the $28k range and above but has still come down to $25,948.02, so I guess this is the right time to invest in the dip. This month of September, Bitcoin is moving like this. I am not sure if this opportunity might come again because it has been in this range for over a week. That's why I suggest buying and accumulating more in this present period will be better, believing that the month of October will be different than this present month. With the way many people are spectating on the price of Bitcoin is really not doing enough good, Some persons has one or more things to say about bitcoin on how the price will skyrocket in a specific period of time and which are we to believe, all this are from one's point of view. I believe in less prediction and no particular range at which anyone can accumulate Bitcoin, the price of Bitcoin can skyrocket at any point in time even during your sleep you can wake to bitcoin new ATH. So if we have enough to invest, why not we do it now than set a range at which we feel is much comfortable to buy |
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[edited out]
Yes, you are right i am only purchasing when my dip formula triggers. Because of this always have funds when the market crashes. After investing that money i started saving my money for the next dip and in this way, I have been buying for the last 2 years. I need to take a look at all my transactions to calculate an average but i am confident that i have more than those who are doing DCA a regular intervals. I know bitcoin investors feel anxious if they have any cash in their hands. They wanted to buy more Bitcoin no matter what the price is. That is why i mentioned that SIP makes people psychologically disciplined. I don't have any objection to what you are doing or even any kind of dispute that your system is able to beat a pure DCA approach. However, your approach is likely much better applied after you have already accumulated a decent amount of BTC rather than an approach for either a beginner no coiner/low coiner or someone who considers themselves to be in very early stages of BTC accumulation... but surely once you might have already crossed some BTC accumulation threshold, then there can be a decent amount of advantages to customize your strategies or even to move away from DCA and more into Buying on dip or some variation of those which seems to be what your SIP approach represents. Your observation is notably good. But are you certain that there will not be any more dip? As far as I know, when some big company or organization tries to enter the Bitcoin market it crashes down to give them a better opportunity to accumulate Bitcoin at a low price. This is pure manipulation but this has happened before. It is certain that Blackrock-like company is coming to the Bitcoin market in the future so don't you think there will be some kind of manipulation before the next halving events? Bitcoin is highly volatile but i still think there is no wrong moment at which you can accumulate Bitcoin, at this current situation even accumulating Bitcoin at a price of $37k is not a bad Idea as long it is for long term holding. But are you certain that there will not be any more dip?
And how sure can you also be, that there will be more dip? The price of Bitcoin is not controlled by anyone but the only main factors which can affect the price of Bitcoin is the Demand and Suplly so even if any company wants to accumulate it wouldn't stop you from buying now because you never can tell when the bull run will start. |
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I dislike any kind of gambler who does not know when to gamble and when to do other things as being addicted to it. Most gamblers spend all day gambling and sometimes they even get more loss than they win, I think some days are not favorable due to emotions or when a person is stressed but some gamblers omit such and still gamble.
Secondly those who sell there properties for the sake of gambling, this is the worst addiction a gambler can get into and the best way to go out of it is to seek help and advise from a therapist or anybody in a better position.
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Why most people forget that someone who has access to your private key is 100% in control of that account , once Bitcoin or any Cryptocurrency is widrawn from such account it is irreversible, do most people think before making decision, some times we need to apply wisdom.
I do not need to become a victim before knowing how to secure my funds, it's kind of frustrating losing my investment.
I also believe sharing this Forum to other Crypto holders is necessary, let them come and secure more knowledge from here, it has helped many already including me
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OP... This one no be today e start nah, e don dey happen all this while abi DPO no be human being? As long him no get super powers him dey prone to any risk at all.
This country don corrupt to extent where be say even person death na enough joy and satisfaction, God don talk am say all this things go happen and normally I no dey surprise as e don start.
Make every body just dey careful and prayerful, waka for ur own lane, less the competition cos this world na wicked place.
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when it's not yet your turn, don't be tempted to think people ahead of you are using juju to succeed. it's their turn. keep on clapping for them and do not envy them. your turn will definitely come if you remain consistent and never give up.
@Op as you talk am, celebrate who pass you, every body turn go reach for success. But eh no go just come if the person seat down for one place and him no wan work, bcuz him go wait tire the success go always they pass am by, if Watin u they work no they Favour u as u expect am, Watin the person need do nah to observe where the error they come from them then change some tactics so that things for stew for the person make eh follow trends make others follow call am ritualist. You no go carry marketing update and pattern of work way don cast they use follow up work come they expect say things go work as before, when ur competitors don upgrade finish. Just as wetin dis our senior man don talk, sometimes no be juju or any thing na just say sometime we dey lack this kind of packaging for our business or job. Normally e get how u go use brand ur business like this eh, e go dey much attractive than ur competitors, so make we try they follow the upgrade as time goes on e go really help our business. Also make we try dey happy for who dey succeed oh, Bible don talk am wetin u wish for others, make e also wish for ur self, as ur neighbor dey success follow they rejoice because normally e go reach ur turn. |
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1. Our brain is designed to help us survive
Our brains have one goal. We create sub-goals, we may want to start a family, get rich, get a better job, make winning bets, etc.
That's a universal and most common dream of every man, We all want to be successful, keep a happy home and maintain positivity in our daily routines(Be it bet or Gambling and every other activity) But to our brain, that’s all the same goal, to survive. When the brain loses the drive to survive, we fall into a depression.
No human on earth can exempt a state of depression, one's our plans and goals for survival are getting contradicting as planned we all become depressed, so it is normal. Those endorphins tell us, “Do it! You’re going to be rich!” So, of course, we do it and then, when the 49ers beat the Cardinals by 30 we fall into a survival depression because we realize we needed the money we bet to pay rent.
Do people still think it is of good decision to take money needed for our basic survival to gamble or bet? it is not advisable to do such, everyone knows the risk attached to bet and gambling so why take the risk. Doing something like the above doesn’t mean we have a gambling problem. It means we have to understand how our brain works. Then, we have to realize that our brain doesn’t understand things the way our mind and consciousness do.
Do you know of addiction, one's a person gets addicted what do you say it becomes? Lets call a spade a spade" If it gets to a point where a person uses his money for rent to gamble I will call it addiction and I see no other name given to such act. We can then pull our brain back by saying something simple like, “Brain, calm down.”
Obviously and try as much to avoid getting addicted, don't use money needed for basic survival to gamble |
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Bitcointalk Username: Kodec5
Telegram Username: @kodecimount6389
Campaign Category Participated: Signature
Whisper MSG Wallet Address: 0x7B63C60109c6aBb247aB609B94378907858dF142
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With the current reduction of price in Bitcoin, is it the best time to buy bitcoin or should I still wait for the dip?.
Though I have seen some post talking about "buy now or wait for the dip" but the debating answers got me confused, so I need the final clarity from you guys.
At this particular point In Bitcoin , I believe we are currently in the dip and this should be one of the perfect time to accumulate Bitcoin. And I am sure you don't want to miss such an opportunity before it reaches ATH |
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But, OP, I'm happy for you that you've gained some knowledge. I would like to hope that you do not lose your vigilance.
Because everything is in your hands.
Absolutely... I keep on learning everyday |
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Thanks brother, I would love to learn more |
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Either as a store of value(So as to avoid taxes), Investment or means of payment.
Here we can apply the same as before, adding that what I have put in bold is false. Can you please make an emphasy on why it is false? In a case where some persons tag Bitcoin as being Risky(Yes it is), I have experience losses because I lacked those vital principles one should understand even before investing. Also knowing when to sale out my investments for profit, permit me to say more of a paper hand(panick and sell when price is down) and this should not be encouraged.
Check your grammar and your English. It is not clear what you are saying and it is badly written. [/quote] I will work on it, but I think most persons understood what I meant |
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