Quote from: bounceback on October 30, 2024, 01:26:12 PM

Quote from: $crypto$ on October 30, 2024, 01:06:10 PM

as I said before, as much as possible we must take advantage of the opportunities that exist and this greeting is the potential that Altcoin has. For several years I have noticed and even experienced it myself that it is indeed profitable when investing in altcoin.

Like for example what happened to the increase in solana, many have made huge profits from the increase in solana which rose significantly some time ago.

I don't think doubt with the opportunity earn from top altcoin such as Solana and BNB coins have been increasing drastically since have dropped to lower price. Solana not get much problem hitting to the higher price again and easily earn much profitable for long term holding and the same opportunity with profitable earn when holding or keep investing with BNB coins.
Get advantage with large exchange coins market such as Binance as top global exchange I believe not doubt for investing in BNB coins because have top potential increasing in the future.

Yes, we have to decide which altcoin we will invest in and the important point is that we should not hesitate. Because when we hesitate, we will experience a situation where we will think about selling when the price drops.

Trust in the results of our analysis of a coin must be key, because it will be something that will help us not to lose our mentality when the price drops. because the market is not always friendly.

Selecting the appropriate coin type is crucial; we’ll need confidence in our choices to withstand price swings. When we are convinced with the analysis we have made earlier, then we tend to avoid emotions such as panicking and selling our stocks when the market is low.

This confidence will enable us to erect structures that would enable the company to survive where the market is not so friendly. In that way, we will have an opportunity to play out definite strategies that are free from the short-term price fluctuations.

Quote from: yohananaomi on October 30, 2024, 03:16:58 AM

Using the 10 best rankings at this time is something that should be done because its contribution has never been disappointing, so it is certain that it will reach its best point when the bullish season comes.
BNB and TON are the same as bitcoin, which has reached ATH, and it must be remembered that TON is currently popular because it is used to play telegram games, but for altcoins, ethereum should not be forgotten because it will always be able to surprise later.

We've all seen the market cap race between SOL and BNB, but ultimately, SOL couldn't quite keep up with BNB superior price stability. That's why I believe BNB still has tremendous potential and opportunity, even with all the new platforms and competition.

Personally, I've allocated most of my assets to BTC, ETH, and BNB, while SOL and other native coins make up a smaller portion as a high-risk, high-reward play. Despite admiring Solana recovery and Ton speed, I'm still hesitant to allocate more funds to them.

It can be seen that BNB indicates a fair stability of new platform and competitors compared to other competitors more than investors seek long-term growth. At the same time, BNB has a stable place and many more opportunities to expand as the market emerges.

Taking the major position of the portfolio and dedicating it to BTC, ETH, and BNB is worth doing, as it evenly combines stablecoins and high-growth cryptocurrencies. At the same time, tokens, such as SOL, are still ideal for fractions willing to work for more significant profit margins.

Quote from: Agbe on October 25, 2024, 02:29:35 PM

Bad leadership is the fundamental problem of the country I can say ever since Nigeria gained independence from her colonial master it has not gotten any good leader.as they said everything falls down on leadership so no matter how good and blest a place is if it doesn't have a good leader who knows the needs and wants of his society that society can't develop and to a greater extend that's what we have been experiencing in Nigeria, because a country that is so blest with natural and human resources like Nigeria is still struggling with bad roads, no electricity, poor health care system and still depends on European nations to borrow money is a testimony that we have not gotten it right on the area of leadership

Nigeria is one of the most corrupt countries in the world and all these is as a result of bad governance and it keeps getting worse every time. the government deviates from the necessities of the citizens and most time focuses on irrelevant things like changes in the color of the naira notes, changing the national anthem, and the like of it. Nigeria is one country that is blessed with almost everything, be it natural resources or manpower we have it, even with all these we are still suffering and sometimes dependent on other countries for resources. The infrastructure in Nigeria is as a result of bad governance which i feel if the government are looking into providing the basic needs of the country there will be a very great improvement on the situation of the country. Most times the rulers focus more on their personal gain by extorting economic funds and not doing anything about the situations of the country but keep borrowing from other countries and putting our country in more debt. Nigeria is one country that is suffering greatly because of bad governance and the earlier the government sees to it that we strive in this country the better for all of us.

These elements have enormous potential for growth with large deposits of natural resources and the availability of a talented and hard working population. Addressing these fundamental essential services and infrastructure, we in fact could and should effect change for the improvement of the quality of life of the entire society.

This means that if the government always consider the people as a priority, we are likely to record a change in various aspect. Prudent utilization of resources and cutting our dependence on foreign loans will create a solid path to more sustainable prosperity for all of us.

Quote from: Charles-Tim on October 28, 2024, 09:16:53 AM

Off-topic and sport should not be on the same board regardless of this forum being a crypto forum or not. I do not know the reason why sport is even created. I think we are fine with the main local board and off-topic. I think anyone that is interested in sport should go to the general sport board to discuss what he wants to discuss. Sport can not have a single board on this local board. Even both off-topic and sport has not yet gone beyond a single page after several months that it was created.

Good point. Because if really the manager even count posts,  the local board sport Board Posts will not be counted as gambling posts but local board posts therefore it is better to delete the sport SubBoard in the local board. The off topic board and the main board is good to go as you talk am. It will be better for the sport aspect of the board to be Naija Politics and Society so that the political discussions will be separated from the cryptocurrency discussions.

For now the political discussions and cryptocurrency discussions are all in one place.

Agreed, Board restructuring from the sports, political, and crypto-sectional discussions will be easier to follow since they are specific categories. So, we could get to contribute in the areas that do not interfere with each other and enlighten the discussion in a easier manner. On the other hand it is clear that we also have the user base growing and that it is growing at a good pace.

Before trying to invest in any coin or cryptocurrency in total try and make a deep research about the coin you are trying to invest in , a lot of research about the coin will help you and prevent you from getting lost from a certain project.
Taking a deep research and analysis a lot about a coin before investing in it is really necessary for a new and old investor, I will likely said old investors know about this already but new investors can just get to hasty and not make research just decided to fall into investing in a shit coin or some worthless coin and end up losing awfully.
And one important thing is that popularity don’t determine the outcome of a project or coin try and take a look into white paper they are important and will tell you a lot and enough about a project which will gives you a lot of value.

It is something we need to do before investing in any cryptocurrency that we come across. If analyzing the project down to the white paper, it may be easier to avoid buying coins with zero intrinsic value, making our chance of profit greater and our chances of losing minimal.

One of the actual truth is that compared to a great deal of other top currencies in the world, the dollar is actually declining too as a result of inflation however when the dollar is relatively compared to the Naira it actually seems to be rising whereas the actual situation is that it's the Naira that is actually declining in value. The problem of inflation is a general problem in the world today. However the Naira is actually declining way too fast.

One major issue is our foreign exchange market. It happens that our import and export market is entirely based on the dollar causing our currency to drop exponentially fast. The better the economy would get the better the Naira would improve causing rates to be more friendly.

Hence, the value of our currency follows the strength or otherwise of the domestic economy and reliance on the US dollar. To reverse this decline, what is needed is concerted efforts for the building up of a stronger local economy and the undermining of reliance on foreigners’ currencies, especially the use of exporters’ foreign currency earnings for importation of commodities.

This way, Naira in turn can strengthen up enough and pave way for better exchange rate as well as, low inflation rates. This step will not only contribute to the improvement of people’s purchasing capacity but also serve the purpose to further improvement of the financial system.