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Messages - SmartGold01

Pages: [1] 2 3 ... 32
1
Nigerian Languages / Re: Social media account as KYC requirement?
« on: May 18, 2024, 10:42:42 PM »
Nothing musa no go see for gate.. See sincerely I don't really support this idea of banks starts requiring our social media details because I see no use to it because when gets to those handles there is every possibility they would start watching over their customers to see those that are living a flamboyant life possibly could report to EFCC to come for questioning, so for me, i think this gets so serious I don't mind deleting all my flashy photos and just leave few, and I won't be updating my social media again in order to keep them in the dark.

2
Those politician who are looting money are not being tracked is only the innocent citizens they are being tracked, in fact i don't know what kind of government we have. Trillions and Billions are being looted all time but no single track or no concrete investigation but I am still shocked to see that they want to enslaved everyone and want themselves to be on power where they would always wants to detects for the youth. And again I will say they are working under instructions and they don't have their personal decisions.

3
Nigerian Languages / Re: $1 To 1700N. Which way forward?
« on: May 18, 2024, 02:26:52 PM »
I am still confused why the price is still going up upon all the dreams with Binance and other cryptocurrency exchanges in the country. Presently the price or the exchange rate is USD1 = NGN1564.71 even as this we are still praying for good Nigeria. Last week again President Tinubu said they should extend the Binance Staff detention until the needed information are given. And I don't think Binance is ready to release such vital information to Nigeria Government.
They will look for more people to arrest and more people to blame for their cluelessness, because by now it should be obvious to them that it was not binance or even the naira speculators that they blamed that is the cause of the problem of the naira. They are just chasing shadows and ignoring the real problem, like they do not know it.

It is very embarrassing that one of the detained binance executives is still in custody, it is a shame.

Who else noticed the rapid gain of Naira two days ago on P2p market? Saw N1,100 on Bybit just when I was about to trade , I knew it was false dip so I logged out and came back the next day and it was already 1,480 barely 24hrs. I have the feeling that the FG is about to subsidize the Naira again with our foreign reserves just like old times since they have no solution to offer.

A country surviving on imported goods for consumption will always have a weaker currency. It's a basic economics but the people up there with various academic degree don't even know or care to ask for help.
So where is all there efforts to control dollars against Naira so it could be reduce to something else, watch now all there efforts seems to be wasted and yet dollar keeps gaining over Nigeria Naira and yet the upper hands not doing anything against it why.. because they are the people who are special dollars this includes during election and campaign period they kept spending it and now they want to automatically control the price even as that the importation ratios is extremely high therefore the country can't survive if there's no production rather than depending on consumption.

4
Gambling discussion / Re: No risk no gain
« on: May 18, 2024, 02:02:59 PM »
So here is my question, have done something like this knowing fully well that the risk is whatbrings the rewards and how did it go for you own experience.
There are real gamblers who are very used to taking the risk of gambling, while the rest play it safe while gambling. The real gamblers are the ones who take the risk, and they usually end up with very huge rewards for taking such a huge risk. But before these gamblers take the risk, it is not always an irresponsible move because some of them actually have the ability to manage the risk and the outcome if it doesn't go well for them. So before you take any risks, be sure that you can manage the outcome, even if it goes negatively.
Have you thought about calculated risk?
Yeah, those people who gamble to extent are those who does that calculated to gamble and they could be very close to the outcome could be, most people don't just gamble for gambling sake but they are always selective and calculative for not wasting any of their money in game that won't possibly leads to winning. About the negative aspect, we all know the implications that involves in gambling which is either good or bad and for sure the negative aspect is more harmful than the benefits we derived from it, so therefore anyone who is coming into gambling should know that gambling is a game that is not certain rather than a probability outcome.

5
Gambling discussion / Re: Whats your experience with gambling?
« on: May 18, 2024, 12:24:28 PM »
My gambling journey is not quite an entertaining one because of the losses I experienced. It happened that I gambled huge money in the past with the aim of hitting jackpot since gambling does pay the money won whether big or small without wasting time.

The target of winning big amount has been the aim without reasoning how long would it take me to win such a jackpot I aim, after i must have lose terribly when gambling.

The wrong mentality about gambling is what makes our gambling journey to be ugly because the majority sees gambling to make quick money for themselves

Gambling can make you rich overnight mate if you have all the luck in the world but that seldom happens to an individual as most of us gamblers will experience financial difficulty at first before realizing that we need to change our mindset in order for us to have a good overview on gambling.
Right gambling can make a man rich overnight if all the luck in the world depends on it. Moreover, it is not possible to become rich overnight from gambling. Gambling is an addiction to which a person becomes addicted and destroys his entire life. Maybe those who are addicted to gambling participate in order to change themselves very quickly, if they continue to gamble and gamble, they cannot get rich quickly and eventually become destitute. To anyone who says gambling is recreational, I say gambling is recreational but there is some hope of making money.
It is simple because when you look at the gambling phase you would see that it's a thing of choice and a thing to ease ones anger or stress, gambling is entertaining and whomever that is gambling for these sake can actually becomes responsible if they are not over doing it making it looks so obvious that their lives depends on gambling.
If a gambler sets some restrictions and limitations to themselves then it's fine, this will enable them channel their gambling to a better ways where they don't go gamble excessively.

6
I have came across someone who made fortunes from gambling and all of the sudden he wasted those resources back to gambling because of improper planning, he was thinking to have the total control of himself that he would still win a huge amount after using about 70 percent of his total winning from the site to stake back another game which is to give him about 10x from the previous winning he ended up wasting those funds just like and today he is trying to rise back but is not possible for him.
Even if a gambler wins in gambling, there is no guarantee that he will be able to enjoy his winnings. It is a common phenomenon in gambling that many of those who hit the jackpot get down again. But those who invest their winnings in some profitable venture can get good benefits from it in their calamitous times. People who do not use their winnings in gambling are more likely to lose money. Proper use of winnings is a major factor for surviving in gambling.
Most of the gambler doesn't have the mindset and thinking mentality to invest on something resourceful in their lives because they always believed and have this orientation that they must always keep winning with time and as days keeps going, only few that has done something judiciously with their earnings.

7
Nigerian Languages / Re: is there need to get disturbed over karma?
« on: May 17, 2024, 09:52:33 PM »
This is a very simple question and answer I would want us to handle amicably without any harshness or hates words. From my previous topics I have to understand that karma is actually a hindrance to some people and even to some of the newbies which I think there should be solution. And even those who teleported their account might know how hard it's to actually grow here without karma.
Now for those who teleported their account is there anything to worry about karma?
The reason for asking is that there are lots of people who teleported their accounts including me and if my rank didn't changed from the other forum meaning my rank won't change here as well, despite all the karma accumulated it won't still make me to enter another rank here without my account changing the other forum. This made me to raise this issues about the restrictions because it makes no sense accumulating karma and yet can not effect out account to another rank then why being worried over karma or not.

My people who una see am and the negative karma button should be removed.

For newbies, it is not necessary for them to worry about getting karma; they should focus on learning. However, in my opinion, for teleported account users, karma is important to them. I know it does not make your rank move, but you will like to apply for a campaign, and I believe some campaign manager will consider which user has more karma.

This is the link a user ask the criteria for applying campaign
 https://www.altcoinstalks.com/index.php?topic=319330.0
No, it's very important to have karma because when you keep receiving karma it shows that you are contributing high in the forum and your post getting visible and worth it. You may see it as something no important but very meaningful if i may say because when your profile is not getting any karma this shows that you are not creative or you aren't making quality post in my opinion.

8
Is it only Naira p2p most of you uses these exchanges for ? Cause I don't understand why many of you already abandoned Binance only because the Naira trading pairs were removed. What about trading and staking?
The boss I no go lie for you as for me na only that feature I dey use am for. Either I use am buy or sell. I no dey use am do another task. And if I dey trade I dey use trading apps to do the trading and not exchange platforms to trade. I never use am stake before sef. But as cryptocurrency enthusiast I need to use all those features so dat wen we dey tok or when people dey tok, at least one can also contribute something. It is good so I will look into that.

You don't necessarily need to be a trader though, wouldn't advice anyone to, cause of the volatility of crypto unless you know what you're doing. Staking is quite easy and doesn't need any special skills, you just have to look for a coin with a good APY and stake for the duration you want and take profits.

OKX offers 30% APY on first time flexible savings for 7 days although I didn't get up to 30% on my first savings.

Well if you must know I still uses binance exchange till now and use it to trade but i can't trade on p2p hence i look for somewhere else to trade my NGN but basically I still my binance app with me and using to do my daily trading, I believe gradually i will become more knowledgeable while trading. I still read some trading tips online to understand how to go about with my trading.

It was a general statement, I was referring to some crypto GEN X
Seems I would have to look over this aspect since there is no risk involved in it, although I think it's better one used a reputable coin like bitcoin or the exchange coin, I think there are some exchange that offers go reward for staking their native currency such as BNB on Binance but never come to think about this, lemme say its skipped me though because I red it on some channels.

9
Dogecoin Forum / Re: How long to you plan to hodl your DOGE coin?
« on: May 17, 2024, 03:51:09 PM »
Currently not having any Dogecoin in my possession but even if I would consider holding dogecoin then I will have to hold it as long as I know it could worth something sustainable in the future than now but, presently I don't consider holding it because I can't trust altcoin for now even though it seems so established I won't hold it instead I can hold ethereum and BNB instead of memecoin.

10
Dogecoin Forum / Re: What makes us believe in DOGE coin ??
« on: May 17, 2024, 03:36:47 PM »
But apart from that, what makes us believe in DOGE coins ??
Regardless of whether you believe in DOGE or not, I still use $DOGE for transfer purposes with cheaper fees. Everyone knows that DOGE is the best memecoin at the moment, and even has extensive and strong community support. So, holding doge for simple transaction purposes such as purchasing online services or paying bills online is the best option for some time.
I think as then I had used Dogecoin to make deposit on a gambling site and it went smoothly without any delay and for long now I have known dogecoin to be the best and strongest memecoin so far, it was the surge of dogecoin today that give rise to the much population of other memecoin that are flooding the market today.
Dogecoin is an examplary coin which people can point at because even as it much production it still went well in price.

11
Bitcoin Forum / Re: Has the bear market started?
« on: May 17, 2024, 03:18:44 PM »
I think I saw signs of a bullish market starting, opening with prices starting from $61k now to $65k... this movement has definitely changed market sentiment which thought Bitcoin would experience another correction, even though this was the starting point for the upward bounce that would occur for the next few weeks.

I am still very confident that the price will tend to stabilize and rise from today. I hope my calculations aren't wrong this time.
Hopefully your prediction is correct, because I also see market movements starting to improve and several altcoins are also rising. If this persists for the next two weeks, it is possible that we will soon enter the bullish season.
This is something natural that occurs overtime and sometimes we could feels that the market gonna have a potential bull trend for this week or month but it would surprised you that it will changes over time because it's up and down movement that makes trading effective, so we won't constantly be seeing dip neither we are going to see a straight bull run instantly but the market could be swinging between the two until this season passes bye maybe the main bull run could start from next year between Q1 to Q2 if I am not mistakenly.

12
Ethereum Forum / Re: When do you expect Ethereum to explode?
« on: May 17, 2024, 02:37:51 PM »
Ethereum will Explode and that will be the start of altcoins season.. Normally, I'm not a type who hold much Ethereum just to prevent my self from wasting it on memecoins. But I mostly use it for fees and get more with Bitget's smart portfolio which I'm also still gonna be using for fees if needed cos I hardly sell ETH.
Everyone has goals and considerations in storing coins, some save ethereum for long-term holding. There are also those who use it for transactions. I'm just waiting for the Ethereum ETF to be approved soon so that the Ethereum price will immediately explode and reach $7K, because I'm still holding Ethereum at the moment.
Don't you think even without the ethereum ETF being approved the next bull run could likely shoot the ethereum price to the position of 6k to 7k since it already created  new ATH this year I believe there's every possibilities to reach another ATH.
I have known Ethereum to be the strongest coin after bitcoin and is already established, meaning there are lot people who sink down their investment into ethereum and could hardly fails people.

13

A lot of investors are actually in panic right now, investors who do not really understand the bitcoin market dynamics.
Many investors believe that 1 month is more than enough for the effect of the halving to swing in, and since that's not really the case as the market has just hit a correction stage just as you've rightly stated, they're now in panic and afraid of the market outcome.

Just as you've said, the market is merely undergoing a correction phase, which is actually healthy and necessary because it'll allow consolidation of gains and also lead to possible price increase.
Isn't the market going up again now, so I also feel that the decline after reaching ATH is a halving, it's not a bearish season. Many people are panicking when they see Bitcoin appearing to be struggling, but a correction will always occur before it actually enters the top bullish season which is predicted to occur at the end of this year or perhaps early next year.
The market won't exceed 69k as maximum top it would go before this month of May passes because if we follows the historical data you would see that bitcoin doesn't go higher as expected after halving except after that very year of halving then next year we could start seeing changes above what was achieved before. So my overview of the market is that we would always see a position strength and at a time also be witness a decline meaning it would be sideways.

14
If.they understand with the government and everything.works smoothly then, I will still use their services because since they have agreed with the government to operate.without manipulating the naira then everything good.
Usually they won't operates anymore without the permission of the government or having to sign agreement with the government in compliance the act of operations. Binance is the best exchange among every other exchanger out there and they have already gain reputation in our country and there is no active youth on social media today that doesn't know about Binance exchange.

Is it only Naira p2p most of you uses these exchanges for ? Cause I don't understand why many of you already abandoned Binance only because the Naira trading pairs were removed. What about trading and staking?

Well if you must know I still uses binance exchange till now and use it to trade but i can't trade on p2p hence i look for somewhere else to trade my NGN but basically I still my binance app with me and using to do my daily trading, I believe gradually i will become more knowledgeable while trading. I still read some trading tips online to understand how to go about with my trading.

15
Gambling discussion / Re: How did the gambling life Start?
« on: May 16, 2024, 10:00:09 PM »
My gambling life is too short. Some days ago i started gambling. I am mainly cricket lover. One day i saw my family betting on cricket ipl. I saw he is playing through 1xbet app. And i tell him to open an account for me. And he creat a account for me and from then i am betting regularly.
Now some times i paly casino. Most of time i loss but some times i win.
The earliest days of a gambler can be really interesting and thrilling, until you start experiencing severe losses. That's why you should always be cautious when you gamble and learn how to manage and be in control of your emotions too. From what you said, you started gambling because of your love for the game and the fun you derived from it, I'll advice you to always keep it that way, focus more on the fun and thrill you derive from your favourite games and not how much you stand to gain from the bets, and whenever you lose a bet, just picture it as normal and always avoid chasing losses if you want to maintain a healthy gambler lifestyle.
Most people usually put fun at the front though there is nothing wrong with it but at some moment when we keep using our money to gamble and lose them it makes someone think that there money is being wasted just like that without having a reward from it but when there is reward it would encourage to keep gambling even though one is experiencing gradual lose but that doesn't mean that they won't gamble again. But sincerely most people do not gamble for fun they have because if they do there isn't a time one would get weird over little lost because they are playing for fun, they may not cry out to your noticed but within them they are complaining of their constant lost.

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