I received the news with a big surprise yesterday, but most importantly, a reminder that this world is vanity.

I want to become this and I want to become that, it ends one day. What will be left of you is the quality of life you lived and the footprint you leave behind. I hope the country recovers from the devastating economy and system this man has left behind.

Regardless, RIP, Major General Muhammadu Buhari (Rtd), GCFR.

I've heard this from many traders and I've experienced it myself, but it's simply awkward. Traders should not have sleepless nights because of their trades, and this can only mean one thing, they didn't plan the trade well. This awkward plan starts from their greed by overleveraging their trades, which will result in a high-risk trading that can ruin the account pretty fast if it goes south. Such traders are trading with the money they can't affod to lose, so what do they expect?

In terms of the right of ownership of your funds, DEX is the way to go, but when it comes to the overall experience, CEX is the way to go, which is why people are choosing CEX, especially for trading and business transactions. So, people will never stop using CEX, no matter what you tell them.

However, they are more at fault as they increased the risk by going for lower-ranked exchanges. Bigger exchanges will be able to absorb unforeseen circumstances like this, but smaller ones may not.

Bro, let's take it one after the other.

The US is a very powerful country, but when it comes to tariffs, the effect is almost mutual, unless the country the US is threatening with tariffs has a deepening economic relationship/reliance on the US. Note that Tariffs are not an economic sanction in most cases. Had it been the US wanted to use its political and economic position to sanction a country, it could have been severe, but the issue of tariffs is different.

Also, a tariff targeted against a country will be more fearful to the country than a tariff that is tyrannically being targeted at virtually all countries of the world (like Trump's). This looks like a joke, and in the end, it is a shared burden that causes countries to look for alternatives. Even at that, many countries would rethink their relationship with the US and realign with the others by reshaping their dependence on the US as much as possible, and we've seen it in many countries now.

This brought me to the last point. Regardless of the position of power the US think it occupies in a trade war, no country has the monopoly of tariff weaponisation, the effect bites both countries, whether in money realised or in scarcity that it would cause in their country, thereby increasing inflation and bringing about other unpleasant chain effects.

Your post was created just yesterday, I will bookmark it, and I hope you come again to update us on the progress of this fight. The reason I'm particular about it is that;

1. This is not the first time you made that decision but you slipped back into the addiction
2. On realizing your fault again, you are trying to boast up the effort, and
3. I love the spirit of the current proposed commitment and the determination

Let's all see how this goes, and I wish you a very good recovery.

Both are good and countless people have been successful through them. It's just about your choice and options given at the time. However, you should not collect money when you are not the business person or not investor-inclined. The same thing goes for resourcefulness and creativity, you must be certain that you are good at what you are naturally blessed with or the skill you have learned. Otherwise, you might regret the choice.

Should I be sincere with you, unlike the bigot and maximalist?

First, I congratulate those who saw the future in Bitcoin in the past and took the opportunity, they are the real Bitcoin heroes, and Bitcoin is massively rewarding them now for the belief when it was still almost nothing. They are the ones who would get that multi-million and billons of dollars in the future, even as some of them has hit the level already. But for those who are just investing, I wonder what your $5,000 would do to make you extremely rich even when Bitcoin hit $1m. Do you know how many years it would take for it to get to that level?

And judging by the current price, you can only make about 9x of your money then, so what? Many would make over 100x doing businesses in that same period? This simply means that it is those who too the risk initially that will insanely be rich, even though everyone will make money, but the late investor can only earn little.

You mentioned it yourself (HODLers), they should do the HODLer thing of course. HODLers are not just an investors of Bitcoin, they are diehard investors that will keep their Bitcoin in thick and thin, so with that understanding, I expect the newbies HODLer to do the same thing, unless they are a different type of Bitcoin investors other than being HODLers.

Thanks for the correction, I agree with you, and I also understand all these, but let me say I overlooked the generalisation of centralisation of Gold itself. In that sense, gold is decentralised, but in the sense I wanted to use it, the government can still locate "your Gold" and find a way to confiscate it by force.

But with a decentralised system like Bitcoin, it is a self-custody arrangement, and even if they know you have the asset, they have absolutely no power over it, unless you submit it to them by yourself.

Did you read this:

It wasn't the first time I read that individual senators, lawmakers and politicians are severely frowning on gambling and proposing a ban instead of stringent regulation that will make gambling more sane and accountable in the country, which was what prompted my initial reply.

I so much agree with you, the excesses are at the highest level today.

We are all excited now, but we should learn from the recent behaviour and history of Bitcoin, it might indeed rise, but it may not be as huge as expected. The $150k is a good spot to behold, but it has a lot of work to do to get there, liquidity inflow is important, and it is needed in billions of dollars. Where will this come so fast? It takes time, that is why it might take Bitcoin extra months to move $20k more from the current ATH, investors will come, but it can't always be sudden.

Donald Trump is a tyrant. What a shame for him to be the president of the most important country in the world.

Well, this is a show of power rather than politically or economically motivated. If you remember a few days ago, the president of Brazil, Luiz Inácio Lula da Silva, hinted that Trump doesn't have the monopoly of power on tariffs, I think that's what vexes Trump to act that way. Trump often reacts emotionally, like women, rather than logically.

You see what is happening in Africa now, where Trump is imposing harsh policies simply because Africa refuses to take the refugees from Venezuela. Is that not blackmail? So, Trump is what he is, but he forgot that his time there is not forever.

If the casino and its affiliates did not overstep their boundaries by directly advertising to the student and soliciting their engagement in it, then they are 100% exonerated in this. Many adult activities are open, it is now left for the student to engage in them whether being an adult or not. Many underage individuals are gambling, should we blame the casino for that, despite warning about it on their platform and ensuring that the age started from 18 years old?

But the underage will falsify their age to still register and gamble. No one can hold the casino responsible for that, just as no one can hold them responsible for what students do without forcing them.

In any free market, both bears and bulls play important role, and you can't certainly stop one for the other.

It's the time of the bulls, so what? Why the mock? Haven't we seen bulls getting roated in the time of the bear? So you don't mock those who are trying to contribute their quote into the market.

The only reason I blame such people is their recklessness. Anything you do in the market must be managerially planned in case it goes south.

I love this question, it's as neutral and curious as they should be, unlike how some people paint it.

Bitcoin will not replace Gold, they were created for different purposes, and one is centralised, while the other is decentralised. Nonetheless, complementing each other is a very good point, but that depends on the person. They can complement each other if the person is interested in both. But they can't complement each other if the person is only interested in either of them.

This is the second time I've read about banning gambling this week in countries, but is that really the way forward? I guess not. It's just like manipulating people to control them into doing exactly what the lawmakers want. Gambling is an adult activity, there should be freedom in doing that. Still, I understand their plight, which is "sanity," and truly, it's the best. However, weighing the two sides is the best way to go, which makes stricter regulation better than banning it outright.

It's all about having a product to sell or a service to render, people will patronise you, especially if you are a celebrity or can work with a strong marketing culture.

It's not about trust because many of them have failed people, but it's about their influencing capability and the gullibility of the people. They idolise celebrities, but of course, the loudness of celebrities is marketing on its own, so people get to know what they sell faster, and that will naturally lead to a high conversion rate, even if they (the buyers) do not idiolise them.

I wasn't excited when Bitcoin hit $111,800, but was super-excited when it eventually broke $112,000 upwards, that is the real deal. I speculated it last week that a break of that level would make sure that Bitcoin hits $120,000 easily, and here we are, just some hours after that breakout, see where we are. Bitcoin hit almost $118,500 already.

Who knows? It might hit the speculated $120,000 very soon.

I saw this coming since last year, and it is just the beginning, BRICS will continue to grow and expand in economic and political power. And if the relationship is successful, I bet that their agenda may grow more than what it is at present.

No thanks to Donald Trump, he continues to give more countries the reason to blatantly join BRICS without hesitation.

My only regret is that Russia is one of the countries that is superheading it. I just don't trust that country with too much power. Other than that, I fully welcome BRICS. There shouldn't be a monopoly of power the way the US controls every economic and political power. There should be diffusion for balance to avoid excesses.

All these points you iterated come with their pros and cons, and I tell you, the earlier participants are the lucky ones. Those ones engaging in them now are just eating from the scraps, but some people could still be lucky, especially if they have the money and invest at the right time.

So, for Bitcoin investment, I advise people to only invest a small amount. This is how they will not come complaining that their asset continues to float in losses for months, even years. For those who trade, I advise them to invest the money they can afford to lose, trading is so risky. And quit when they are persistent in losing.

For mining, let's be honest, it is not as easy as before, and it is a waste of time and effort for many. The same goes for airdrops, out of 100 airdrops promised, you may not get tangible success from 2 of them. This is tiring.