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Showing 20 of 750 results by Bravut
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Board Trading Discussion
Re: Before trading know this about cryptocurrency
by
Bravut
on 29/07/2025, 19:37:36 UTC
If you are thinking of trading then you have to go through losses because cryptocurrency trading does not always guarantee profit. No matter how much knowledge you have, it is normal to face losses when trading, if the cryptocurrency market is good then you can increase your money. I think even with good knowledge about crypto trading, you do not always make profit. Do you think so too?

Yes.

We all know the crypto Market is volatile, which of course flows with millions of dollars from investors and Traders based off there decisions (knowledge). 
True, as a trader even with any knowledge it doesn't guarantee profit, the best option is to accept the fact that losses are inevitable, reduce the risk as well as know the limits to which you can put up with.
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Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Bravut
on 15/04/2025, 23:36:19 UTC
Yep.. I recommend that everyone should make sure that they get to a status of overaccumulation before they start to employ sustainable withdrawal strategies.

This majorly applies to the investors and not traders, and also from what he said here, we must be able to employ a sustainable withdrawal strategy, which means we are not just only going to sell at any point in time because we feel like doing so, but it must be done on a thorough and orderly manner to which will be a profitable decision for us to sell after adopting the use of a particular selling strategy

Well said.
This bores down to the investor own unique financial bearing...  which  affects his profitability and portfolio.
Withdrawal doesn't obstruct portfolio building, withdrawal is about taking profits made, if the investor have realised a substantial gain or % rise in his portfolio, he can decide to sell wether in a favourable or unfavorable market condition As far as it aligns with his plan, decision.
An investor, invests because he wants return, the return made is subjective to the investors choice, not necessarily a particular "selling strategy".
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Topic
Board Economics
Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
by
Bravut
on 18/02/2025, 10:39:54 UTC
I was thinking that it is strange that Salor has not announced weekly purchases but I just realized that the stock market in the USA is closed. That's probably why. Let's see if he announces purchases tomorrow.

Maybe they are done for now and temporarily change their strategy check this https://cryptonews.com.au/news/microstrategy-reveals-it-stopped-buying-more-bitcoin-switched-to-hodl-mode-126135/

For sure they are monitoring how the market moves especially they are speculating something big to happen in US especially with those plans set by US government to happen. But provably they go back to accumulate again since for sure they are not done yet with their accumulation phase and maybe they plan something more better to create good impact to the community. So let see what future actions they would do.

For sure, I believe they are analysing Trump's policies and how it would influence the Market before taking any big steps. Nevertheless it not bad to Hodl, accumulation is a continual phase of Bitcoin Investment unless a target set is reached subjective to the decision of the investor.
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Board Speculation
Re: Will Bitcoin go back up?
by
Bravut
on 18/02/2025, 01:17:31 UTC
From my perspective, their's no one can agree that bitcoin will go down to the extent of reducing to the stage that we past over five years, bitcoin price is unpredictable, and it's obvious, for the stage bitcoin has reached I know quite well that bitcoin be appreciating instead of decreasing, and any experience we have of bitcoin decrease is a market correction

For me if price if bitcoin fall to ten thousand [10k] that means that the price cannot resurrect again and that will be the ending of bitcoin existence, because investors will be our of bitcoin investment due to trust will be limited.


Well said, Bitcoin is very volatile with much players (speculators, investors, etc). The likely of Bitcoin dumping is possible same way it pumps.

In essence, I won't say "trust will be limited" if Bitcoin fall to $10k but rather "Fear" would  create overreactions were Investors make poor choices. It like a double edge sword, we must be open to the possibilities of uncertainty likewise invest wisely in a promising Asset like Bitcoin. Our concerns shouldn't be all about the pump and Dump, but also how far we are ready to go in our journey with Bitcoin.
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Topic
Board Speculation
Re: Robert Kiyosaki Predicts $250K Bitcoin in 2025
by
Bravut
on 18/02/2025, 01:06:43 UTC
I really admire this guy for all the books of his that I’ve read, but when it comes to Bitcoin, I’m not exactly a fan since he joined the scene a bit late. That said, his bullish prediction is definitely something people will love, especially if they believe Bitcoin can actually hit that price this year. It’s not unrealistic, though, given the bullish momentum right now, Bitcoin could really pump, and we’ve still got 11 months left in the year for it to happen.

Rich Dad, Poor Dad guy - his book is unforgettable,.

He's a good author and his books has been remarkably a tool of solutions.
His diversification to predicting the price of bitcoin to $250,000 this year might actually not be realistic but it's possible to achieve as the market remains unpredictable.
Everyone airing their views on what next the price of bitcoin is possible to come is normal but it's not advisable to follow predictions with the reason to why we must invest on bitcoin rather, it's better we also discover our own market trends fostered to what'd satisfy our targets.
Bitcoin would definitely hit $250,000 and above but not this year as viral speculations also States bitcoin would sit on the value of $150,000 to $180,000 maximum. The market isn't enticing for now as there's had been bearish and dipping which means before It'd regain it moment to bull run, the year must have gone far to say we'd see it at $250,000

It's obvious not realistic, and with that kind of prediction, it really could be that he should be better with stocks and his books and not into crypto.

Just be conservative like what your prediction is, $150k-$180k and then we will be all good in this bull run if we get to that price and be our all time high. And maybe then we will look for $250k in the next halving or so.

And just like others who have big predictions, no offense to them, but it could be that they don't understand the cycle.

Great insight. Most Bitcoiners don't understand the angle of conservativeness, check and control of predictions they consume. Bitcoin is a long run Asset that has come to stay and change the course of the financial market, not a Pump and Dump like shit coins. The earlier some Bitcoiners treat it as such the better, clarity of the Bitcoin Market come to them.
Not some garbage predictions within a limited time, which causes bad judgement most at times.
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Topic
Board Gambling discussion
Re: Do you take a break when you are in a losing streak?
by
Bravut
on 16/02/2025, 22:14:50 UTC
Absolutely, taking sometime off to reset is very crucial especially during a losing streak, there is nothing bad with taking sometime to unwind. So as not to get clipped with our emotions. Having a losing streak is normal, but being totally out of control in such a situation is what poses greater risk.
This can be avoided if only gamblers, gamble with a stipulated amount of money readily available for such purpose with limits, this in a losing streak the gambler is solid, and can decide every next step with break or not.
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Topic
Board Speculation
Re: Robert Kiyosaki Predicts $250K Bitcoin in 2025
by
Bravut
on 16/02/2025, 14:14:51 UTC
I believe Robert Kiyosaki has his point. But relying on predictions, and hoping for higher prices of Bitcoin is quite unreliable.

Nothing is guaranteed in Bitcoin Market of course its full of predictions, emotions, fear, allowing ourselves move along rather than wanting to move every step before price does helps keep us in check with our investment choices. In essence don't buy or invest by bypassing your rules and Model because of Some else.

Most ill-informed followers might jump in to to invest now, and loss because of such hype. 
Bitcoin to $250k is a probability nobody can truly tell it just a pure guess, our main control only applies in our Bitcoin Portfolio and decisions.
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Topic
Board Speculation
Re: Don't wait to invest.
by
Bravut
on 16/02/2025, 14:00:56 UTC

Regrets do always come at the end and if you are really that waiting up for the right opportunity then you might that getting left behind. Patience is needed but it will be that needing up to be appropriate on how it should really be used because too much holding or patience will be having that kind of possible mistake on which it will really be that leading up that disappointment. This is why its really that recommended that you do really know on when you should that be holding up according into your risks tolerance. If you are holding Bitcoin then it will really be that up to you but if you are needing up that two possible ways whether short term and long term  then it isnt that a bad choice either.

Invest on what you can afford to lose and never anticipate on having that positive outcome because not all the time that it will be having that giving out that positive results. Dont expect too much because that will really be giving out that disappointment. When you do see up that opportunity to buy cheap then better dive in but of course not everything will going according into your expecting. So be versatile on what you are really that dealing into.


I agree with you. There is no right time for investing. One need to set in based on calculated risks, Acceptance of the Market uncertainties, and neutrality (keeping our hopes in check, knowing that there is always a profit and losses in the market), detaching every emotional belts in order to make clear judgement involving ones Bitcoin Portfolio. Discipline and Patience needed values for any investors.

And with the right knowledge, calculated risks and limits, patience, good judgement any investor over a long period of time would have a great return on his investment (Assets).
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Topic
Board Bitcoin Discussion
Re: Bitcoin is difficult to understand
by
Bravut
on 16/02/2025, 13:41:00 UTC
Bitcoin is difficult to understand depends on how avid you are. Most Bitcoiners just want to invest, accumulate more Bitcoin invariably making money.
But if one want to learn the Technicalities involved in Bitcoin it can be challenging, I believe any thing our mind is set on it very possible to grasp and understand the details of it. What is difficult for you, can be easy for someone else vice versa, you just need to accept the challenge and see it through.
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Topic
Board Nigeria (Naija)
Re: "Crypto people are criminals" Seun Kuti.
by
Bravut
on 16/02/2025, 13:23:26 UTC
An adage says that what you don't know is bigger than you, if you go into a business without proper research, it is likely that you can make avoidable mistakes. Many people think that crypto trading is a get rich quick scheme because of what they hear on social media and from what people that don't have trading experiences tells them. When they lose all their money due to inexperience they will call cryptocurrency a scam. People that have not taken their time to learn about technical analysis of trading and be mentored by experienced traders are no different from gamblers who are depending on luck to make profits.

Seun Kuti's labelling of crypto people (traders) as criminals shows that he doesn't know anything about crypto trading. If he knew that cryptocurrencies are volatile he wouldn't be blaming innocent traders for his sister's lose of 50 million naira in trading, according to him.

People that are looking for where to make quick money should understand that crypto trading is not a shortcut to riches. It is a risky business that people don't need to rush into because they have heard that others are making easy money from it.

Source:  https://phoenix-browser.com/Je5rYkvfn2e


Facts.
Well said, OP. After taking losses that when Crypto becomes scam.... Funny People. People that won't seek proper knowledge and enough research before risking there money in Crypto will always learn the hard way and in return leave the hype and seek the truth.
Seun Kuti talking trash shows how unlettered he is on the subject of Crypto, and letting his emotions cloud his judgement instead of learning, and advising his sister so as to guard her from making poor investment decisions again.
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Board Politics & Society
Re: Laziness is the culprit of poverty, poor people are banned lazy?
by
Bravut
on 16/02/2025, 13:10:35 UTC
I believe people who are poor aren't lazy, though depends on your definition of lazy.
 Lack of information relevant to financial freedom is what keeps people poor, not laziness. A truck driver working 20 hours a day isn't lazy but yet Poor and striving to feed his family.
So it isn't a matter of laziness that makes people poor but lack of information, lack of right direction, poor investment choices, lack of Money management skills, etc.
I stand to contest your word of "poor people are banned lazy".
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Board Politics & Society
Re: How to eliminate crime
by
Bravut
on 16/02/2025, 12:55:55 UTC
Society is heavy weight ground for crime and society vices but if they government of countries can available jobs and academics for students and graduate society will produce better people. People steals because they have no option other than what training they grow with.

Crime co-exist among Humans.
Crime can't be eliminated but  can be controlled.  Even if Government provides job it won't be enough for whatsoever reason. Even graduates with Job commit crime and vices, don't have the believe that only those without formal education are crime lords, NO.

It the duty of Parents to incorporate moral values into there wards. Truth is, the life of anyone is subjective to there own decisions and choices.

And OP, people steal because they want to steal.
Moral compass of any individual is a personal journey he/she decides to explore after shown the path.
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Board Politics & Society
Re: Trumph Actions Over Foreigners, And HIV Drugs
by
Bravut
on 16/02/2025, 12:45:16 UTC
What do you think about the America President asking foreign immigrants and those without licensed (Visa) to leave America ? And further withdrawal  of HIV aids on victims, He say there will be no more free HIV drugs. Is this kind of racial discrimination and will this not cause more spreading of the diseases to people of country's.


Donald Trump is doing the right thing. You can't blame a President for putting the interest, need and security of his citizens first above any other thing.
Illegal immigrants deserve to be deported and leave America or any other country, most of those immigrants have posed threat to the country. The only right thing to do is entering a country through the proper channels.

Withdrawals of America support on HIV drugs has nothing to do with racial discrimination, but a call for wake up on the part of leaders in the receiving countries. Besides for how long will other countries rely on America to provide everything thus controlling them and influencing political decisions, were even the Donations are embezzled by the leaders of receiving countries.
Every country should be able to have an independent Health Institution to take care of her own citizens and not use donations, foreign aids, as an avenue for Money laundering and corruption.
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Board Beginners & Help
Re: Is future trading really a scam?
by
Bravut
on 16/02/2025, 12:32:01 UTC
I am doing future trading since three year still I couldn't get recover my losses.
Is it really possible to do a passive income by future trading? Or just we were victim of scam?


This isn't a thread for Trading Discussion.
Futures Trading isn't scam, the reason you are losing is because you don't know how to trade, and not applying the right trading knowledge. Nobody is a victim in a financial market, either you win or loss based on information gathered or you loss continually because of ignorance and lack of information (knowledge).

You simply need to simplify your rules, seek the right knowledge, and allow yourself follow through rather than chasing your losses. Every Day is a new start in the financial market.
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Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Bravut
on 16/02/2025, 11:45:48 UTC
Finally, I’d say that trading is full of complexity and unpredictability, there’s not a single guarantee of actual success, but for those who can’t resist the temptation and are actually willing to take the risk, they should be super careful and always remember to use not more than 10% of their holdings in order to be on the safest side.
I have a problem with people even having to use part of their Bitcoin holdings to trade. I believe in separation of concerns and precision which spurs effectiveness.

I think if you must trade, trading wallets should be handled separately and holding wallets should be treated separately. Your accumulation amount for your holdings and your portfolio should not be tampered with, then if you must trade, plan a different fund buildup for it which shouldn't in anyway be intertwined with your Bitcoin holdings, your consistency in buying Bitcoin or your buying amounts.

I reinstate the belief that involvement onto trading during your accumulation journey isn't the best practice since it may lead to divided focus, so I believe your accumulation journey would be more effective when you focus on Bitcoin accumulation alone and divert the money intended for trading to buying Bitcoin to increase your aggressiveness.

Hopefully with that action they are not using exchange wallet to trade since they are putting their selves on multiple risk for that situation. Also they are bound to spend all they have with that matter especially if they get frustrated and want to chase some profit.

So better choose to have other multiple wallets for HODL use and the other one is for other activities. But I don't also recommend people to engage with trading especially if they look forward to gain profits since provably losing and winning will be repetitive cycle then they might just waste their time also will not get anything from that situation. Better if they spend their money buying Bitcoin since this provably give them good chance that they can sustain this type of investment.

Well said. It a matter of choice and Decision. Trading is risky and capital intensive, whereas Accumulating, and Hodling Bitcoin requires patience, right investment decisions.
I believe we don't need to linger on issues concerning trading in this thread, rather enlighten ourselves more on the possible steps to building a huge Bitcoin Portfolio through buying, DCAing, and application of any other strategy so as to accumulate more Bitcoin.
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Board Speculation
Re: Buy the DIP, and HODL!
by
Bravut
on 16/02/2025, 11:35:24 UTC

Considering this uncertainty, you need to plan your investments in a way that you are willing to lose the assets you are investing.

 The backup fund can be considered an integral part of your investment. Without a backup fund, holding investments in the long term becomes a difficult challenge, especially without an emergency fund. Therefore, it's essential to have a reliable income source, or you could consider having an alternative income source.

I believe, Risk tolerance and Acceptance of the probability of the market is very a important factor  any investor should take into consideration before investing. Hence, a limit if needed is necessary for a healthy growth of the investment.

Emergency funds are necessary, it doesn't matter wether you have a reliable source of income or not. Every investor, Bitcoiner ought to have an emergency funds.
There is no guarantee in the Bitcoin Market, as it is out of our control, power and will. The emergency funds can be a step up during hard times in the Market, Life matters, which affects an investor finances. Provision as this help keep investors in line, free from debt, thus safeguarding Assets during emergencies were the allocation of resources of an Investor is compromised.
Backup funds is same as an emergency funds.
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Board Speculation
Re: BTC to 150K this year?
by
Bravut
on 16/02/2025, 11:10:38 UTC
Bitcoin to $150k this year is possible, and there is also probability that it might not reach. Bitcoin Market is filled with predictions about Higher prices every now and then, with high hopes among investors and Bitcoiners.
I believe that in a financial Market like Bitcoin, it's better we ride along rather than set target prices because it won't help but inflict pressure, wrong investment decisions amongst others.
There has been a price correction and ranging market for some weeks now, as we believe for more higher prices let also not forget the tendency of price movement below $110k for sometime.
The main goal should be DCAing, accumulating, Hodling more stash of Bitcoins.
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Board Services
Re: 👉{OPEN} ▄■▀■▄🌟Bitvest.io🌟 - Plinko Signature Campaign, Member+ {Funds Escrow}
by
Bravut
on 16/02/2025, 10:38:14 UTC
Username:     Bravut
Forum Rank: Member
Post count:     721
Address: bc1q8mc8zxzk56zjdxye270zmg860clx3g5eydcd7j
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Topic
Board Economics
Re: Cryptocurrency or real estate, which investment is supreme
by
Bravut
on 16/02/2025, 10:04:36 UTC
I don't classified investments as supreme over the other, but rather I follow through based on the Risks involved and Capital needed.

While Cryptocurrency is a promising world likewise Real estate, it all bores down to the investors decision and risk the investor is ready to take aligning with a calculated returns over a long period of time on the Asset.

 
Both are great investment choices with Risks, I believe there is no such thing as "Supreme". A Real Estate investor might do well on his investment than a Crypto Investor, as another Crypto Investor might also have a higher return than a Real Estate investor. So the problem is not the supremacy of any Investment but;
 The choice, Decision, Risk assessment, Capital, and Readiness of the investor.
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Topic
Board Trading Discussion
Re: Is it okay to trade without a source of income?
by
Bravut
on 16/02/2025, 09:47:41 UTC
At the beginning I want to say that I am a semi-skilled trader. I do not have any source of income. I have been learning trading for the past 13 to 15 months and investing for 5 months. But even though I am temporarily profitable from here, I am completely losing because I cannot control my emotions. This is repeating itself with me again and again. Even yesterday I lost my capital along with my profit.

Then I plan to take a loan from my friend to deposit in trading again. When I asked him for financial help to deposit in trading, he advised me to find a source of income before entering trading again and advised me to refrain from trading recently and introduced me to this forum so that I can gain deep knowledge about trading. He even advised me to gain deep knowledge about Bitcoin investment so that after finding a source of income I can easily invest in Bitcoin. Should I accept such advice? Or should I go back to trading anyway? I am seeking proper advice from experienced people.


Yes, accept your friend's advise.
Trading requires capital, and neither can you trade with full focus if your source of capital is burnt. Besides capital what's most important is True Knowledge about Trading itself and being very good with your strategy. If you don't have the necessary knowledge you would keep losing thus blaming your emotions always.
What you need My Friend, is knowledge, capital and discipline to become profitable.
Also never make the mistake of borrowing money to trade again, nothing is certain in trading you will only put more pressure on yourself than ever.