Holding for a long time or trading frequently can both make money, but you need to pick the right way for you. I prefer buying and keeping my main investments long-term. But I also use Bitget's smart portfolio sometimes to get more Bitcoin when meme coins go up a lot against Bitcoin's price. This way I can try to get some extra profits while still mostly holding long-term.

That means indirectly you like to buy the dip and hodle for a long term which is you lime investment to trading. Many people will choose investment because it is less risk in buy and hodle but there is a high level of risk in trading. For someone to benefit and have a good profit the person need a knowledge on trading but in investment you done need much and the basic knowledge is good to invest, buy and hodle for a long term investment.

Buy the dip sell the ATH and buy the cheap again in the period waiting for bitcoin to come down again. I am always interested to buy bitcoin and hodle and this days I am buying for short term and not for long term and it is for personal reasons and I am doing that because of the time, period and the season. Then after now I will invest in the long term. I always buy the slide decreased of the market and sell when it goes up like 3% to 4% increase of the market. I think in the market it is not always good to buy buy and not selling. You buy and sell to make profit.

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I also saw a flash news today that the Binance CEO ask Nigerian government to release Tigran Gambaryan who has been detained since February. And this might generate another problem with them again because Binance is adopting international law to the case.

Binance CEO says Nigeria set dangerous precedent by detaining employee

https://punchng.com/binance-ceo-says-nigeria-sets-dangerous-precedent-by-detaining-employee/

Someone has said that before and in this year bitcoin has hit all time high twice. At first it hit $70k to surpassed the previous All Time High of $69k and secondly it hit $73k as the second All Time High so if you are saying that we won't see another one again, I would not doubt you because it has been predicted by others too. But many people are still waiting for the prediction of $100,000 All Time High in the year or early next year.

Exactly they are planning to remove p2p from all the exchanges, and they are still saying that it is because the exchanges dey manipulate the Naira which for me it is not true and na their policies naim e dey weak well well. The Nigerian economic policy can't withstand the test of di crypto firms because the economic agencies are too much corrupt. If not this na very simple something. When a company come to country to do business di company have to register and start work nd regularly pay tax which di government don set for dem so there will be no argument from anywhere again. They think dat na di exchanges be di problem of the Naira. Even dem stop all di exchanges or delist naira from all di exchanges, dollar no go come down because Tinubu himself e no dey use naira but dollar.

I think we can use decentralized exchanges because before den their prices sef go dey okay. And also telegram price and CeX are almost the same na just #200 different, so we can manage telegram wallet for the main time until we get better place to trade. This a weti I see today.

The dip this week made me realise that I've been too narrow-minded in my dealings in this industry. For the past coupled weeks, I had been so fixated on trading and trying to find the next good pump that I overexposed myself and take heavy hits whenever dips happen. This week'sdip hit harder than others, and lessons have been learned. Now it's time for me to try my hands and luck in other areas while I wait for a correction. For the first time in a while, I'm in search of random events, contests and campaigns hosted by any reputable companies. I'd be happy if you could share some here.

I don't think the dip was harder than others but the dip came unexpectedly and because of that so many people lost their trading. And that is why if your a trader, you should also invest in Bitcoin so that you balance the equation. Now you are complaining that the dip was not in favor of you but investors are happy that there was a dip like that because they bought bitcoin at the dip and hodling it for the next all time high. People are even praying for the dip to come now so they can buy more.

Quote from: Agbe on April 21, 2024, 06:37:28 PM

Well done making things easy for us, but the mixing fee is high. Make it moderate so that those who have small coin can also use your mixer.

Transaction fees have gone down significantly as of now, you can pay 40 sats/vb and expect a reasonable confirmation rate. It also helps if you reduce the inputs, so consolidate your transaction if possible. I don't think it will go as low as 10 sats/vb in the following week so even if you want to consolidate your inputs you probably need to pay some considerable amount of fees, depending on your transactions. It should be cheaper to use the service if you manage to reduce the inputs compared to mixing multiple inputs. CMIIW.

Okay, I thought the mixing fee is different from the Blockchain transaction fee. Well for now the Blockchain is not congested and the transaction as come down to a minimum rate $1.88 with 21sat/vb and id this applicable to coinomize mixing fee then it is very good. Because when I saw the fee last month and compared it to the one I didn't last year I was like, wow!!!.

Depends on the place you are making the transaction. Is it in exchange or on chain wallets? For now Ethereum transaction gas fee is high so I advise you to wait for some months to see if the gas fee will reduce. And you should not in hurry to sell your coins because Ethereum will rise again. So if you sell your Ethereum now, your will be the loser of the altcoin investment.