Now, those voters, have you been successful with making money with gambling?
On the whole, winning isn't easily achieved and that's why a few who achieve jackpot tend to loud their win. What keeps gamblers going back to play more, even when they've losses, is that expectation of a win to may come some day. Every gambler believes that one day luck will meet consistency and a single win will expectedly wipe off several losses. I haven't been that lucky. ~ I don't know what edge martingale gives? That thing danger in my experience, can wipe up your entire bankroll if luck ain't on your side and this unlucky day surely comes sooner or later. Honestly, I was also lost as to what benefit martingale would've in such a situation. Martingale is a risky strategy when looked at critically. It's better to cut one's losses quick than trying to save it by entering more trades in the same direction. Without a deep knowledge of Support and Resistance, one will easily burn accounts. I've been there and I know how it feels losing more than it ordinarily would've been.
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We have seen that the Nigeria government is against the use of cryptocurrency by it's citizens and there reasons are that people use it for money laundering, terrorism financing, illicit fund flows and criminal activities. Truly cryptocurrency is been used for this activities being mentioned here...
Oh, really? So you sef believe dat bubu yaya story wey govment dey yarn too? Abeg, so before cryptos all those bad things nor dey in place? Abi bad people nor dey demand ransom in fiat? Nor just mind owa govment. Wetin dey pain dem be sey cryptos don make many people dey financially liberated and govment nor fit silence dem anymore wit their poverty strategy wey dem dey use control the masses. Dat wan dey pain dem enta bone. there was a kidnaped operation that happened some time ago and the victims family paid them through crypto and there was no way the police could trace the transaction...
If govment wan track dem, dem go do am. Na laziness dem make dem nor fit apprehend criminals. If you think sey I lie, make any kidnapper go pick IGP wife or children or Tinubu pikin and you go see how intel go full everywhere and dem go trace that transaction enta exchange.
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I'm not sure anyone on this forum has posted such a huge win. Perhaps, it may be that we don't have any here who has won big or it could also be that members simply don't want to expose themselves to controversy from the negative energy of others. Controversy in the sense that once they come open with their huge win there are going to be others who will attack them for lying or being fake. As for me, I haven't and I also haven't seen anyone; whether here or outside, who has won that big. I only get to read about big wins online or on papers.
OP, about your addiction; I think you should watch it before you relapse to it again.
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~
There are prop firms that are scams and subscribing to them means a loss of their money. I know of someone who after passing his prop firm realized the same main account assigned to him was also assigned to another person. He got to know that when he discovered certain trades he didn't take appeared on his trading app and account history. Some of them were live trades when the thing was happening. I literally laughed my head off when he told me what he was faced with. I laughed at him because I had earlier warned him not to buy a prop firm. You know how it's with people not telling you again when they want to go against your advice? That's what happened. He bought the prop firm account for $250 and it went with the wind because the firm kept posting him whenever he mailed support, assuring him it would be resolved. That went on for months until it dawned on him that he had been played.
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~snipped~
Agreed. And to the contrary - without proper guidance, a newbie's depo would be gone after a blink of an eye. There are lots of other ways around to learn and know much more. To be frank with you, I've never liked the idea of a prop firm. Maybe that stems from my perspective of not rushing over things, not looking over my shoulders constantly to make sure I'm not out of line and coupled with the fact that I don't like sharing profit with anyone 😏. I like to keep whatever profit I make to myself and for myself. With prop firm, all those stuff I mentioned I hate are present. There are rules to adhere to with prop firm. It doesn't matter whether one is recording more wins than losses; once one breaks any rule (it could be on drawdown, trading time, lotsize and what have you) one is punished for it. Whereas, those stuff are actually not bad as they're what practical traders face.
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please I need an opinion from you thanks.
I don't think it's a good idea for a newbie to subscribe to a prop firm. Newbies need to have basic skills before aiming to make money. I agree quite alright that money is the name of this game but it shouldn't be a priority. No one buys a prop firm to learn, they do that to get more funds and earn higher than ordinarily their capital won't get for them. Why not practice on a live account of yours with the amount you're buying a prop firm with? That's what I would do. The only way a newbie can go for a prop firm and escape getting burnt is if they've a mentor who holds their hands firmly or they've trusted persons who give them signals. Otherwise, newbies should steer clear off prop firms.
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Make Naija SEC just go siddon for wan corner jeje like dis. Eye dey red like dis. Na just to open hand to collect fees dem go dey afta like dis and not to betta d regulatory policies wey supposed enrich dis crypto industry for we country. As dis APC govment take hate cryptos to d point of destabilizin Cexs wey dey reason us, abi na d several accounts wey crypto payment passed through wey dem shutdown we wan talk? Make una dey careful trusting dis govment on any crypto related issue. Make dem nor com use agbari pick more bank accounts of crypto traders to block.
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~snipped~
I don't know if you get what I said. That was what I said before deleting it, hope you're ok for seeing it now . Oh, ok. Yeah, I understood what you meant there. However, that's not how that moniker was formed or what it means, far from it. I won't even allow my kids call me Mpa. That's old school, kind of; I'm a modern man 😏. BTW, what happens to Nna-anyi if articulating the modern "Dad" would be too heavy for them to use?
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For one to enjoy the potentials that the new year holds for us is to limit and have self control in your gambling activities this year gamble when necessary but don't make it a priority
On having, "self control" I concur with you on that but not so on having limit. Except you're ready to give range of what is excessive. Otherwise, having limit becomes a relative term as words aren't exact in meaning. They may appear as nearest in meaning but they're not. What may be seen as excessive for Mr A may be seen as moderate by Mr B or Mr C. It goes on like that. I can say it's safe to say every gambler needs to reaccess and reevaluate their activities for 2024 to find out where they faired well and where they performed abysmally so they can adjust to be better player in 2025.
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There are a lot of players on the forum and it's always interesting to understand each other's motivations, which can sometimes be surprising and unexpected ...
My observation is this – Making the results viewable is going to cause bias and cheating as members are likely to take a peep at the results before voting. Anyway, that's just by the way. For gamblers, no one wants to throw their hard earned money on bets they're certain won't win. Every gambler likes to win and that's why I don't agree with the "I'm gambling for fun" approach people say they adopt. For me, the motivation is "win". It runs all through the options for me. Nothing satisfies a gambler like winning. By the way, anyone gambling to escape problems should not do so. Problems are supposed to be faced and solved within our own power and not to allow them to grow bigger, to the point their start to escape our control.
You're right on that but we've to realize that not everyone has that strength of character to confront issues headlong. To such people they submerge themselves in activities that can give them that euphoric feeling which gambling may afford them.
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BTC falls below $92 with altcoins on a downtrend in the last 24 hours, is it a good advantage for traders?
Yes, it's an advantage to investors and hodlers (not traders). Whether it falls or rises, it doesn't affect traders. Theirs is to position and be on the part of the immediate Price Action (PA) and make money. The thing is that every dip situation affords (shrewd) investors an opportunity to grab more. Those who are skeptical won't utilize that opportunity. They only wish price drops but when it drops they won't buy. BTC is back above the resistance level now at $104k+. Until Bitcoin gets into the $150k – $200k range, I won't even consider any dip as a bearish signal. I will see it as a correction and cool off moment.
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we should all know that this Crypto scammers love to create a sense of urgency or FOMO (fear of missing out). They may pressure you to invest immediately without giving you time to conduct proper research.
You catch dem there! Na dis same reason dey make me tell people sey anybody wey dey try introduce a business to you and im dey hurry you up to invest, take ur time. Most of dem na scam. Odawise, why you go wan hurry somebodi up to invest wen you nor go share profit wit dem or cheat dem. Na their way, we gat to wash and shine owa eyes. some scammers even go further to send fake BTC. To know if your received BTC is real or fake, Check the transaction hash on the blockchain, if it doesn't exist then it's fake.
You see dat wan so? Somebody nearly use am nack me 2 by 2 four years ago or so. D screenshot was so real dat any newbie could've been deceived by it. D transaction nor be small money dey involved oh. What saved me na my carefulness not to rush any transactions wey I dey do, whether online or na offline. I dey like take my time. Dis thing wey I dey talk here be like small thing but it lingered for more than a day. I was buying and d seller dey tell me sey im don send, make I quickly release im cash dat he was in an emergency and needed d cash ASAP. I tell am sey I nor go release am until I see am for Blockchain. Na so d guy weak.
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I will admonish that we look for a book and jot down things we want to see and the ones we want to avoid in gambling this coming new year, because i have learnt that when we put things down in white and black in written, then we can not make any dispute over it and will always serves a reference for other times we may want to refer back to it, this will help us know if we have really done well or are lacking behind those things we already jotted down after some time.
Trust me, if what you intend to move away from is that harmful you wouldn't need to write it down on paper to avoid it. That's if you've recognized its harmfulness by yourself and not that someone else is compelling you to it. It just comes as a red light/flag and you do the needful. For instance, you don't need to tell a person who's determined to quit smoking to jot it down so they don't forget. The determination is already enough to ignite their resistance to doing it. Those who jot things down haven't been threatened to quit their bad indulgence.
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~snipped~
I’ve done it now, though not a complete break, but I’m limiting my bets. It's kind of like quitting smoking, where they say not to quit cold turkey. So, I’m applying the same principle. And so far, I’m still on a losing streak but it doesn’t hurt as much since I’m only losing small amounts compared to what I used to bet. The "cold turkey" analogy brought back a memory. I can imagine the situation. However, perhaps you're a step better now than you were when you created the OP. But don't you think a complete break will allow you enough time to cool off your head than the partial gambling you're still into? One mustn't gamble all the time to remain in the game. What matters should be the winning rate one records and not the continual engagement, whether one is winning or losing; except the person has got to that level of addiction.
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Coupled with the fact that testnet demands a high level of professionalism in crypto to carry out. Not everyone can run a testnet mining.
That's true. Testnets na difficult terrains to meander through as dem be unfinished projects wey dey go through test run. Na im make devs dem and their teams dey ask people to help dem run checks on those projects for dem. Na because as e dey hard dey make many people nor dey keen on doing dem. Projects want to know what isn't working well or what things aren't in their right positions before going to mainnet. Na all dis reasons why testnets aren't that easy to engage. Anyhow wey d thing be, we supposed acknowledge sey rewards dey betta wit testnets pas telegram bot airdrops as na only a few people dey do am. I can remember telling my friends that Hamster may end up being one of the most successful projects in Airdrop era because they never requested anything from the community but paid the much they could.
Hamster also nor perform well at listing. Na dust wey im turn to too. A lot of these telegram airdrops dem dey dat way now. Nothing surprising at all. Apart from Notcoin and Dogs wey sama us with betta rewards, maybe Not Pixel which will list this month will also do well, others na yawa. Despite asking for payment to even do their tasks, those wayo projects dem end up dashing airdrop hunters' hope. I believe that Airdrop farming may tactically crash completely but it all depends on this January listings.
I'm gradually moving to testnets myself, and I believe many other hunters too don begin reason dis matta well now. No time to waste energy unnecessarily.
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~snipped~
...because in the end of the day its MS' or you choice! Yeah, I know it's his Bitcoin and the decision is his to make. However, except he's a recluse, I still don't see why he won't have anyone he can bequeath his Bitcoin at his demise. Even if he doesn't have close family members who are into Bitcoin, there will be other worthy causes he can donate his Bitcoin to. No man is truly an island on his own. No matter how introverted we want to claim we're, we still need others around. Me - I'll be leaving it to my kid, if things change for whatever reason it will be burned. My Wife knows where the keys are in case of unforseen terminal occurences.
You sounded like a man who looks out for others when they're not there. That's the exact thing I'm talking about with MS. He seems like someone who believes everyone should struggle on their own to make their own wealth and nothing like inheritance or be handed over financial assistance of any kind.
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First off, I like to state that Michael Saylor sounded like a self-centred person there. Why wouldn't someone have a plan to pass their Bitcoin to a heir, friend or loved one if they knew they were going to die at a particular time like he stated? That's pure selfishness.
- Do you think crypto will become a part of personal finance in the future?
I see it as something that has come to stay and that will be for a very long time because of the way the world is embracing it now. It's no longer thought to be a bubble anymore. Yes, the future is bright for cryptos. - What will you do with your crypto assets when you’re old?
Is there a different way of treating money? For me, crypto assets are money just like fiat. Age doesn't discriminate where money is involved. I will do with my cryptos whatever I can do with money. - Besides BTC, which token do you believe in for the next 50 years?
Ai tokens are my first pick. Second are exchange tokens from credible exchanges. With others, I just play around by trading them but not hodling.
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Don't engage in gambling when you are depressed, if you are looking for a distraction try to do something productive instead.
Something productive like what? Don't you know that during depression most people tend to find an escape in gambling or in alcohol? This happens often. That's why it's not too good to avoid anyone suffering depression. We should be getting close to them once we identify what they're going through. That state where the mind is distabilized isn't one anyone wants to experience. 6° NEVER play (to win) if you are: Tired, stressed, bored, angry etc etc..... There is a strong effect come from the morale of better....
That's the right thing to do ideally, to steer off, but is that realistic? I asked because most people find it appealing to gamble when they're stressed, bored or angry.
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~snipped~
Maybe it’s time to test your skills with /btc analysis. Give it a shot—it might just be the game-changer you’re looking for! Oh, really. You think it would? Well, I ain't scared of trying new things; especially if I've even a slight suspicion that they'll better position me on track. I will take a look at your suggestion. As for me, I can’t use futures due to my religion. In Islam, both futures and margin trading are considered forbidden (haram).
Why? What makes your religion forbid that? Is it also considered as lending with interest? I know I've read certain stuff online where it was heatedly argued that moslems don't do interest banking but I'm confused here reading you mention that Futures and Margin trading are also forbidden. If you don't mind, I would like to get further details on that.
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The reason why i pull out this thread is that, there was this friend of mine who loves to use whatapp as his p2p exchange, what i meant by this is he alway trade his coins on whatapp with an unknown foreigner who claims to have a preferable price tag...
Nowhere seems to be safe anymore now. D time wen I started my crypto journey in 2017, na Whatsapp group I bin dey sell my coins. Till date, I nor even know d owner of dat group or almost everyone in dat group in person. Na for Facebook I sabi d dude, used my oyokometre judged him to be moralistic from his action as a trader wey im be. So, wen he talked about a WhatsApp group I followed him there. It was stress free trading there but dat nor mean sey scammers nor try do demselves oh. At a point, to cut down of scam attempts he asked us to submit government IDs and na to d name on the IDs we fit receive money or send money from, no third party. Dat wan help pursue scammers. So, nor be every Whatsapp or Telegram P2P dey bad but you've to shine ur eyes. D best part, use Cexs run ur game. This friend of mine was been scammed just because he was ignorant and greedy, most times we see flyers of this black market exchange.
Na greed push ur friend enta one chance. Even on Cexs, I nor dey go for persin wey offer best rate. I dey run check on persin wey get best ratings. Na dat wan sure pass for me. Again, on no account must anybody release coins wen dem neva receive payment no matta how d buyer hurry dem reach.
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