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Messages - Salahmu

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31
Username: Salahmu
BTC SegWit Address: bc1q6ks6mlu2fdzz4cye7q9z22ay9vy69hd24eh3nv

32
Nigerian Languages / Re: Are Shit coins good investment?
« on: January 13, 2024, 07:17:57 PM »
As this great profit applied so as the risk most shit coin presale had been used to scams investors with false communities. And sometimes ones some shit coins deep they may never  bounce back again because of the lack of purpose. To me I will say is a short - investment

What you guys think?
For me I don't like Shitcoins right from the onset do to experience and seeing what happened to most investors funds and also how so many scammers are using it to extort money from investors, I believe that one of the reasons why there are so many Shitcoins nowadays is because of the interest of people on Shitcoins because so many persons believes that they can easily get rich overnight considering how most of the Shitcoins normally pump, perhaps just like Shiba inu, without knowing the fact that other Shitcoins may not behave the same way as shiba inu.

So actually for me the only coin I'm sure of is Bitcoin and nothing more, I'm not disputing the fact that other coins are not good but they can never be compare with the potential of Bitcoin.

33
Username: Salahmu
BTC SegWit Address: bc1q6ks6mlu2fdzz4cye7q9z22ay9vy69hd24eh3nv

34
Newcastle is no longer the team that we knew last season,they are now very weak in their pattern of play,infact they won't even be able to qualify for any European tournament next season because they are even losing to teams one would least expect.Last season,they were one of the best teams in Europe,and their coach was so proud of them,but one thing I have noticed about human being,the moment you start  praising them,they would start doing the opposite of what you want them to do.
They have been eliminated from the champions league group stage,and if they continue to play this poor,Ithey will find themselves battling with the teams at the religation zone.
Newcastle United is on there worst state now, I'm actually surprised to see how they were able to lose form before the season had gone far because I could remember very vividly how they started the season, they had a lot of good and impressive performance and they meet so many big clubs and won them and however seeing how they were performing I became very confident that the possibility of them going far on this season is very high but little did i no that they will lose form before the season had gone far.

However there upcoming match against Manchester City is truly going to be a tough and serious match for them because Manchester City is a very strong club and with Kevin de Bruyne back on there team there performance will be impressive, so I'm very confident that is a win match for Manchester City because we can never compare Newcastle United performance with Manchester City because is obvious that Manchester City will win them.

35
Nigerian Languages / Re: Online trading dey cause mental issues!
« on: January 12, 2024, 10:26:20 PM »
Omo many traders for this crypto space go fit relate.Stress dey trading mani pipo make dey think Shey online trading easy omo nor easy at all mostly make u get poor risk management.
Of course trading is very difficult because it entails a lot of calculations and understanding the fundamental analysis of the market because those are the factors that would make you to understand the market trend, perhaps that's why is never advisable for a beginner to rush into trading without being knowledgeable enough because it could result to lost of money.

For those who understand the market structure, trading doesn't affect them too much mentally because they no what they are doing and the possible risk involved, so they never get emotional seeing there trading going against them because they are confident that with time the market will come around.

36
Nigerian Languages / Re: Nothing like long-term investment
« on: January 11, 2024, 10:12:53 PM »
I think wen it cums to investment in crypto currency, i dey always advice say make person get other sources of income so that their investment fit last. Na wen money no dey, person go wan dey remove small coin wey e buy. Long term investment is de best.
Yeah you have a points because one of the things that makes people to tamper with there investment is the inability to have a reserve fund because the only way for our investment to save from unnecessary removal of some amounts is only when we have other source of income.

Perhaps this is one of the reasons why is also good for investors to use DCA strategy in times of Bitcoin because that's the only way to be free from unforseen circumstances that may arise along the line because with DCA strategy you can be able to accumulate Bitcoin a little by little with the little amount you can afford so with this you can hardly ran out of funds.

37
Bitcoin Forum / Re: Invest & Hodl Bitcoin!!
« on: January 11, 2024, 09:52:19 PM »
There are many users who invest in Bitcoin and do not plan to hold it for a long time but have a short term plan. People who make short term plans have never been able to make huge profits that's why I would advise them to invest for long periods and Hodl. When you buy bitcoins you must plan to make high profits so you should always Hodl on to bitcoins.
Yeah I agree with you mate, the only way to enjoy Bitcoin investment is through holding so I can never advice someone to invest short on Bitcoin because in as much as they may feel that they are seriously on profits with any little move of Bitcoin can never be compare with the profit they may likely get if they decide to hold.

 one of the factors that affect the mindset of most investors decision is the profits making because they sees every Bitcoin movement as an opportunity to make profits but they fail to understand that in most cases people that invest short on Bitcoin tend to miss opportunity on Bitcoin, if for example they bought Bitcoin at the price of $40k and it later increase to $42k and they decided to sell it with the hope of buying back when the price drops but on the contrary the price continues to skyrocket and never give him the opportunity to buy again, so the best way is to hold because that's the only way to see what the future holds for Bitcoin.

38
Cryptocurrency discussions / Re: Buy on dip
« on: January 10, 2024, 08:38:46 PM »
The drop was only momentary and bitcoin returned to the $44K area although it has not touched back to the current high price of $45K.
I don't buy dips, always set on the initial DCA plan which is now still ongoing, I don't care if the price wants to go up or down will still continue the DCA strategy every week or month.

It is clearly wrong if someone uses all the money to buy bitcoin when it goes down, they must be able to manage finances so that daily needs and investments run well without any problems later, if you receive a 100% monthly salary then set aside for investment 20-30% depending on your needs.
Yeah you are right because one of the factors that influence the mindset of most investors is the fear of losing out of buying opportunities that's why whenever most people sees any drastic fall of Bitcoin they saw it as an opportunity to invest all they have with the belief of making profits when the price increase without a plan to have reserve fund that could sustain and take care of there needs while they wait for there investment to mature and before you no they will start panicking and selling of there accumulated Bitcoin with a discounted price because of there inability to afford for there needs. So just like you said is better accumulating using DCA method than investing aggressively.

39
I want to start earning on bitcoin. Tell me, please, from what to start.
Well the only thing I will advise you is that in times of Bitcoin investment in as much as our main goals and objective is to make good profit but we shouldn't see it as a get rich quick because it doesn't work that way, and there is no way you can starts earning on Bitcoin without some disadvantages attached, however we have crypto trading and holding and each one has it own advantages and disadvantages but if you are a beginner that doesn't no what trading is all about I would suggest you focus on Bitcoin accumulation and holding.

40
Basic Questions about Cryptos / Re: Crypto pump groups?
« on: January 10, 2024, 02:25:04 AM »
What are the best rely on pump signals groups out there, i need just for one specifically and that is for Binance exchange? Thank you in advance.
To become a successful investor you should try and remove your mindset on pump signal group because you may end up losing all the money you intend for your investment because so many people has really falling victim of such group, and however in most cases they will generate a token that you cannot be able to sell after buying, so if you mistakenly buys you will never be able to sell those tokens, so I will just advise you to focus on your normal investment instead relying on signal.

41
Basic Questions about Cryptos / Re: Hold vs trading what is better?
« on: January 10, 2024, 02:17:00 AM »
For me I still believe that holding is more better especially for those that are not too familiar with the ups and downs on trading because in as much as there are opportunities of making profits through trading that's how the risk is also higher but in times of holding your mind will not be troubled because whatever the movement of the market may seem it will surely bounce back to your normal buying point.

42
Username: Salahmu
BTC SegWit Address: bc1q6ks6mlu2fdzz4cye7q9z22ay9vy69hd24eh3nv

43
Cryptocurrency discussions / Re: Buy on dip
« on: January 09, 2024, 07:31:48 PM »
The market is experiencing a correction right now and making people panic. Do I buy in this condition? Of course but I don't use all my money to buy. I use the DCA strategy and only a few coins I invest. Just a suggestion, don't use all your money during a bear market.
One of the things I understand is that in times of investment is that we shouldn't be too hasty on investing but rather we should take our time to structure the amount that will be well suitable for our capital, preferably using DCA method is actually a very good method for those that doesn't have enough money because DCA helps to accumulate Bitcoin with the little money you can afford either on a daily or weekly basis and it also helps to eradicate most of the unforseen circumstances that may likely occur on the process.

44
Cryptocurrency discussions / Re: KYC bad decision?
« on: January 09, 2024, 07:21:45 PM »
There are many places in this crypto market where ones personal information is presented for kyc verified. There are many exchanges that have made KYC verify mandatory and many projects also require it to purchase tokens. Do you think it is risky for you? Can they use your personal documents elsewhere?
Actually for me I like the fact that most exchanges are kyc enabled and however I don't think our data could be use for other purposes but we should be very careful in times of chosen exchanges that we can use our private data on because there are so many minor exchanges that does not have enough security that can protect and secure the privacy of it users as such leading to users data being stolen by hackers for illegal purpose, so perhaps is better to go for a very reputable exchange that Values the security of it users.

45
Username: Salahmu
BTC SegWit Address: bc1q6ks6mlu2fdzz4cye7q9z22ay9vy69hd24eh3nv

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