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1481  Economy / Economics / Re: SPENDING MORE THAN YOU EARN on: April 27, 2023, 04:39:34 PM
After everything, they give birth to this children without a proper care. Imagine a 5 years old kid hawking water all about the street.



I think this is not true. Your assertion is kind of  hasty in generalization. Life happens and things take different turns. While I acknowledge that it's not proper for kids to hawk to support their parents which is an abnormality, I also want to admit that most of those families didn't set out that way before life happened to them. I've seen enough of reality to conclude that life itself isn't theoretical like paper work but practical.

Imagine a family where the husband and wife are civil servants with miserable salaries that don't even come regularly as and when due. Imagine a family where the husband is a commercial biker rider (Okada) or tricycle rider (Keke) and the government bans such services in the routes he plies, and the wife sells in a market place demolished by government? Just keep imagining things and what such families would turn to for survival.

My point in all that is – Most times, families have such situations thrown on them.
1482  Bitcoin / Bitcoin Discussion / Re: The Dormant Address have been woke up, Are you worry? on: April 25, 2023, 09:00:10 PM
why are they selling it now, and not on ATH acouple years ago?.
No one knows it's ATH until price had passed through it. I'm sure those selling after ATH would've sold during the ATH, no matter what time plan they had in place. No one likes to miss chances if they could take it. I think that was what happened. Again, it could also be that they couldn't sell before now because they couldn't unlock the wallets. May be they never figured out where they wrote down the private keys or password to the wallets until now. It could also be something totally unrelated to what I think. We never can pointedly tell though, except those involved tell their stories.
1483  Economy / Trading Discussion / Re: Did bitcoin has trading signals and indictors like forex? on: April 25, 2023, 08:05:08 PM
Because forex do not actually include bitcoin signals when trading bitcoin on forex apps. Instance! When you wants to trade forex you can get signals and indictors apps from google play store but no such for bitcoin?
There are platforms and brokers that have both crypto and Forex pairs now. In the recent past it wasn't possible. Innovation has proved consistently that change is a necessity for growth and advancement. In fact, in 2017 when I joined the crypto business one could only trade cryptos as a Spot. The Futures option wasn't there. It was enter one sold Bitcoin for altcoins or exchanged it for fiat at once. There was no stablecoin to sell into. It was just a one-way traffic then to make profit. One could only buy and hodl, then wait for price to appreciate to sell off. It's different today as anyone can sell without even buying, just like what we've in Forex trading.

Talking about indicators, one can trade cryptos using the same indicators one trades forex with. It's just a matter of backtesting them to know which works well and with what parameters to set them to.
1484  Economy / Economics / Re: SPENDING MORE THAN YOU EARN on: April 25, 2023, 06:18:29 PM
~snipped~
Sure, it's a piece of cake to point fingers at folks scraping by, but let's face it: they're up against a colossal, unfair system.
I'm lost at your comment because I didn't see anywhere I finger pointed at folks scrapping for their daily living. I only made my observation in support of the happenstance that there are people who spend more than they earn and why they do so.

Let me quickly add that there are people whose mindset is not to ever risk anything business wise. They rather relied on government for employment and better inducements. They're career civil servants who are cut out for the 8–5 type of job, either in the private or public service. All they're interested in is just get a paid job and earn salary, that's all. No matter what anyone does to get them into business or self employment to improve their financial standings, they won't hear of it. So, do you waste your sympathy on such people?
1485  Economy / Speculation / Re: Will April be a red month? on: April 25, 2023, 05:47:15 PM

If we go by that chart, it's very easy to conclude that April will end in positive and higher than what we had in March which ended in a bullish move. The Doji witnessed in February that couldn't turn the momentum to bear the next month (March) is an indication that the upward pull is still strong and hasn't tired out yet. March is convincing enough for a continued bull rally in April. I expect a green candle in April at its close.

1486  Economy / Reputation / Re: Discussion on buying/selling accounts/users actively seeking possible bought acc on: April 25, 2023, 01:42:28 PM
In order to address this topic smoothly, we must have to explain in real words the controversial unofficial bitcointalk rule 18.
Quote
18. Having multiple accounts and account sales are allowed, but account sales are discouraged.
Let us solve the puzzle of "but account sales are discouraged" even when "allowed".
Honestly, the ambivalence in that bolded part of the sentence in the quote should be explained further or edited by whoever that drafted it. It's now a grey area. That same issue came up in the recent past here but it wasn't fully resolved.

On the part of getting bought accounts tagged, only those with a certain trust score should be tagged with a neutral if sold just to alert members of the community that the account has changed hands. Then if it's discovered that the account is trying to scam, it should be plastered with red trust. Any zero account shouldn't be tagged when sold except they get involved in fraudulent activities.
1487  Economy / Economics / Re: SPENDING MORE THAN YOU EARN on: April 25, 2023, 01:07:52 PM
Do people actually spend more than they earn? I am yet to understand how it works. If people actually spend more than they earn, the extra money they spend, where does it come from?
Or when they use their savings, it means spending more than  they ear.
In the worse scenario, are there people that spend all they earn and go borrowing every month to augment their living?
Yes, there are people who live that way. It's a classical example of living from hand to mouth. I see this scenario with those in my country who earn the bearest of the minimum wage and have a nuclear family of two to four children. The circle of borrowing repeats itself every second week of receipt of salary because what is paid isn't even enough to take care of two people let alone a family of six. However, there are those who earn well to take care of their basic needs but will indulge luxurious living they can't match financially. These ones are foolish as they go a borrowing just to meet up with their affluent cravings.
1488  Bitcoin / Bitcoin Discussion / Re: Which one is important? Knowledge or Experience? Or both in Bitcoin Learning! on: April 25, 2023, 12:00:50 PM
Now you want to learn the best. To whom do you go first? One with knowledge or one with experience?
Knowledge comes from mere reading of books while experience comes from encounters with real life issue. Knowledge is theory while experience is practical. Little wonder they say experience, not knowledge, is the best teacher. It used to annoy me during job huntings and years of experience was asked as part of the criteria for employment until I realized the place of experience in job placements. Now I know it has to be experience over knowledge. A man with experience is better on a job than the one with knowledge. I choose experience over knowledge.
1489  Economy / Speculation / Re: Next Bitcoin Bull Run according to Simpsons! on: April 25, 2023, 11:03:48 AM
What do you think? Will the next Bitcoin happen in 2025? I feel it won't happen in 2025. If history repeats itself then it would be in 2026. It is a possibility that it can happens in 2024.
My analysis also favour 2025 too.

Is that TV show still on? Crazy. I remember being into that show when I was a kid, it was very enjoyable. And yes "The Simpsons" has predicted many things in the past such as Trump being president. However I think the reason why they had many predictions come true is because they had so many episodes, so its obvious that some would end up being true.
I think producers of Simpsons are clairvoyant and spiritual kind of like that. Whether we admit it or nor, it can't be anything farther from that. Even when Queen Elizabeth II of the United Kingdom passed on so many people gave The Simpsons credit for having predicted her death but it was later discovered to be doctored and fake. People easily believe Simpsons.
1490  Other / Beginners & Help / Re: How to be more useful in this forum on: April 25, 2023, 09:01:30 AM
So dear seniors and good peoples, can you please give me some simple but effective Direction to improve me?
I like keeping it simple and it's good you've asked for it that way too. My suggestion to you is to always have in mind that your posts contribute something meaningful that can help someone/community whenever you're making them. Don't just post for the sake of increasing your activity count. If you do that, you won't be posting from a place of conscience and that won't be aiding your rating in the eyes of watchers here.
1491  Other / Beginners & Help / Re: Billions scammed bbc doc on: April 25, 2023, 08:11:02 AM
there is no easy money
That's word on marble. It doesn't need to be spoken by a famous person before it gains the didactics it portrays. Everyone (traders or not) ought to have this in mind while surfing the net. The internet isn't a friendly place. One might be lucky to stumble on a few good men and humanity but the general outlook of the internet isn't a friendly one.

Talking about people getting scammed online, I think it's mostly because of their greed. That's if we take out ignorance. No one should expect to reap where they didn't show. I don't feel any pity for those who get caught in such because of greed. They deserve it.
1492  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH gas fees are a joke. on: April 24, 2023, 09:48:43 PM
I thought the so-called ethereuem network migration from proof of work to proof of stake will solve their network problems and to hear that ethereum holders still have to pay high gas fees for transactions is a show off of how the so-called proof of stake propaganda was a failed experiment.
It's indeed a very big disappointment to say the least (for me at least). I was among those who also got deceived that ETH2 would be an improvement on what was existing. How wrong I was (I am). The whole long wait and media analysis that trailed the supposed ETH switch for months have now proved it was a mere waste of attention.
1493  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Ethereum Staking Platform on: April 24, 2023, 09:16:20 PM
Staking is worth it but we all know what happened to blockfi and Celsius before. Back then, people were also trusting these two so much that even companies handling retirement funds send money to them.
You can add Kroot and KCLP to the ignoble list. I staked those two tokens for a relative long time on their sites and was compounding them at each expiration until what everyone who stakes dread happened. The site shut down. Till date all my tokens on that site disappeared. As someone who encouraged others to go into staking (it was actually exciting when I started and could withdraw and restake), I'm now very skeptical and scared of staking. OP, my simple advice to you is to do your research very well before sending your coins to be staked on any site.
1494  Local / Nigeria (Naija) / Re: New Nigeria on: April 24, 2023, 08:35:53 PM
God no dey involved himself for politics matter so make we no dey bring God inside.
My broda, the thing tire persin sef. Nor be for only politics matta sef. Abi you neva see where owa local coaches dey give post match press talk. Dem must put God inside the small winning wey dem achieve. Nor be sey e dey bad to dey put God name for matta but make e be sey na when journalists ask dem questions wey centre around God. E dey hard for abroad make coaches dey do am. Abi una dey hear coaches give God glory for winning a match for abroad?
1495  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is it advisable to invest on Solana? on: April 24, 2023, 08:24:05 PM
Hello buddies, I am considering buying Solana coins and holding for a very long time. I want to know if this is a good idea before forging ahead to buy it.
Thanks for your responses.
Why Sol? Why not Bitcoin? I mean, if you aren't sure of the future of the coin you are targeting buying because of unforeseeable risk; why not invest that cash in Bitcoin which has durability? Sol was a hotcake in the past but it seems all that frenzy has died off now. No one can tell you for sure what the future holds for Sol or any other altcoin. We are all speculators. That's the best anyone can get to in this industry. However, for you to deliberate on buying Sol it means there's something you think can make it a beneficial project. If what makes you think so is still there then it should be a good call from your angle. Remember, no one here is certain of the future of Sol or any other.
1496  Economy / Speculation / Re: Good time to invest in BTC? on: April 24, 2023, 06:16:38 PM
If you're still dilly-dallying on this as raised in your thread topic, then it's obvious that you will miss the bus. You've Bitcoin at less than half the price of its ATH and you're still afraid of going in? By the way, what gives you the assurance that price will crash to that $12 – $16k region, apart from that some random dudes said it? Why don't you assume that this level is its lowest at this time and then invest in it? Yes, quite alright I know that this is purely a speculative industry and that any price is possible (either up or down) but I wouldn't dillydally buying now if I were you.
1497  Economy / Speculation / Re: Possibilities and chances ! on: April 24, 2023, 05:56:22 PM
The absolute time present, increase price of BTC ! Have any chances to break down the previous record of BTC price?
That's the great expectation. I always look up to such a scenario after I experienced it firsthand in 2017. It was the first ATH I experienced and the feeling beat everything else. Those who've experienced a Bitcoin circle will tell you that every crash or dip is an opportunity to buy more and not to panic. My projection for the next ATH is that it will do at least a multiple of two of the current ATH ($68k+). This may look impossible, but it will be nothing when the bull rally begins.
1498  Other / Beginners & Help / Re: I need help on: April 24, 2023, 01:48:44 PM
is it good for a contractor to be awarded a contact  and be  payed  with Bitcoin .I was awarded a contact and to be payed with Bitcoin  I don't have any idea about it i  need a help from these foroom please?
First off, you should've edited your little post for errors before posting (or after you posted it). Secondly, I don't believe your story of getting paid in Bitcoin where there's no other option of payment and you made it sound it's being foisted on you. Nah! Things don't work that way. There's always an understanding before that's done. If you wrote for merit's sakes, you can see it fell flat on its face. Next time, just be yourself and don't write to please anyone by making up stories.
1499  Bitcoin / Bitcoin Discussion / Re: Why do you want bitcoin to stay? on: April 24, 2023, 09:45:44 AM
Apart from providing me an extra source of income in trading it, Bitcoin has proved to me that it's a seamless transaction whenever I use it for investment as against the bottleneck that arises when using fiat. I make a transfer to an account I'm funding and within minutes it reflects. That's the beauty of Bitcoin as it cuts off middleman in the game. So, who wouldn't want it to stay even if it's just for the stress it takes off one? The same transaction that could take me days paying with fiat, it's just a few minutes with Bitcoin payment.
1500  Other / Off-topic / Re: Procrastination the enemy on: April 24, 2023, 08:41:09 AM
I miss the opportunity in 2014 because I feel it was a scam, am I missed the opportunity, look at me today, investing in some alt that wanted to give me high b.p
Judging by how Bitcoin circle has been, 2014 wouldn't have been a nice entry year as it seemed Bitcoin was just coming off a bull year. So, price would've still been on a steady decline. Of course, I know that those who buy to hodl wouldn't care if they're buying high or low and would target anything like a perfect entry. They just buy. 2015/16 would've been a perfect time for shrewd investors just like 2023 is now. It's good you've noticed that investment in altcoins isn't as safe as that on Bitcoin.

Quote
I must buy bitcoin today, I really don't know if someone else is experiencing the same thing out there?
Nope, you MUSTN'T. It's a choice you ought to make by yourself without any coercion.
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