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Recent Posts

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21
Cryptocurrency Trading / Re: Just HODL
« Last post by akeemqaz on Today at 02:56:24 AM »

Nice idea but accumulation shouldn't has happened on the exchange, do it on your own wallet, the one you can control and have power over. An exchange like Bitget is not even popular, if they disappeared today, you will have no where to run over to but keeping your coin on your personal wallet or in a hardware wallet will help you secure your Bitcoin.

You can use Electrum if you decide to keep only Bitcoin, this software wallet is the best and you can create one offline so your private keys don't get vulnerable to scammers.

Yeah, the best is to use hardware wallets. Although, I use non-custodial wallets for now. And will try check Electrum.
Also Bitget is a porpular exchange with 1.3 million followers on Twitter, there proof of reserve is massive and according to the data from SimilarWeb in April, the web traffic to most of the cryptocurrency exchanges has decreased compared to March except Whitebit and Bitget, with Bitget leading at 11%.
Source: https://twitter.com/ICO_Analytics/status/1788212200357650655
So, I feel safe a bit but not keeping on my assets on an exchange as you've said.
22
General Discussion / Re: Should video games be considered a sport?
« Last post by akeemqaz on Today at 02:48:37 AM »
What about esport then? All those DotA, Counter-Strike and sport related video games. People really spend lot of time training, have competitions with prizes, champions. If you google the word sport, you will get Sport is a form of physical activity or game. Often competitive and organized, sports use, maintain, or improve physical ability and skills. Perfect description of what people do behind pc or console while playing. If we measure sport that is something where physical activity is used, then they use finger muscles and get tired to play. Also a 100% hit.

Sports are physical activities. Video games don't make you get tired physically nor require strength or physicality. You can't get injured from playing video games.
The difference is clear.
23
Bitcoin Forum / Re: What Happened To Bitcoin?
« Last post by akeemqaz on Today at 02:43:49 AM »
I actually do all of my transactions in bitcoin and never buy or sell any, as I don't have the means to do so. So it's out of necessity, really. It is quite limiting but that was the way it was intended to be used.
My country is starting to ban P2P as well. But my exchange still supports it. And you are right. That was the way it was intended to be used, and using it that way seems to affect fiat currency a lot. Maybe that is one of the reasons why my country has decided to start going against P2P.
24
Microstrategy Joins MSCI World Index Amid Bitcoin Rally

MSCI Inc. has announced the May 2024 Index Review, which includes adding the bitcoin-focused Microstrategy to the MSCI World Index. This decision follows the Nasdaq-listed software intelligence firm’s stock outperforming bitcoin... See more for yourself here.

Your opinion is greatly appreciated.
25
The principle of buying coins is that they have potential and, if possible, when the price is corrected, you will get the cheapest price. Even if not, it can still be used as an investment.
Yes when price is corrected one get cheap coins easily. I mostly use smart portfolio on my exchange to buy Bitcoin at low price also.. And sometimes, to take profit from some memecoins to Bitcoin. The space requires a good experience at times..
26
I do not do airdrops but I do stake and get into those exchanges events where I only have to deposit little amount of my holdings. BNB and USDT are what I have but they not that a lot at all. It's still related to trading because upon receiving the rewards and tokens, I have to trade still them in the crypto that I prefer which mostly a stable coin, it could be USDT, USDC or DAI or any other depending on the use while I hold them.
27
Many of you are likely aware of the Atomic wallet breach that occurred in June 2023, when over 100 million dollars was stolen from its users. Almost a year has passed, but the Atomic developers still haven't revealed what actually happened. May be they don't know at all.

Consider this scenario: imagine an update is pushed to a software wallet with a malicious code. If hackers gain access to the update process or the wallet developer's infrastructure, they could inject malicious code into a seemingly legitimate update. Users who download and install this update could unknowingly expose their wallet's private keys or seed phrases to the attackers which would lead to loss of their funds.

This raises the question: can this happen with any software wallet? Does it mean we can't trust anyone?
28
I do. Liquidity Mining, Airdrops, stakkng, tesnet airdrops and I use Bitget smart portfolio to take profit from some coins to automatically buy another.
29
Cryptocurrency discussions / Re: What Altcoins Do you have?
« Last post by akeemqaz on Today at 02:29:43 AM »
I just buy different kinds of altcoins. These days, I mostly buy memecoins and I was lucky to make 10x from my Mog purchase. I actually noticed it after Bitget listing, I bought and it went crazily.
30
Now governments are banning P2P in Nigeria. But some exchanges still support thier currency. Binance, OKX and some exchanges stop supporting Nigerians currency on there P2P platform but Bitget and some other Exchanges still does. Nigerian government are really trying to stop crypto trading.
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