Well, that's not entirely true. There could be situations where people are restricted because of clash of interest as a result of where one works. We've seen or read of instances where those in parliament are restricted in participating in financial markets. I think there's something like that with the current leadership in the US. So, it's possible.

Whether we like it or not, CZ's tweets are apha calls. I don't joke with that if I'm early to it. It's an easy X on any project he tags, tweets or retweets.

There are so many things that point to the obvious that we're still in the bull market. First, this is a post-halving year and Bitcoin is yet to do its usual not less than 3x of the previous ATH, according to my observation. The last circle ATH was above $68k+. Second, we're yet to be blessed by Uptober (October) which is a favourable month for Bitcoin. We need to get that data in before any contemplation that the bear has set in. Third, the effect of the US rate cut hasn't taken effect on price yet. We're yet to see that.

What we're witnessing in the market ATM is just price correction, nothing more.

Fear was what stopped you. You want a soft life but you feared the risk of a loss. In this industry, you've to be resolute and adventurous to be able to break through the chains of fear.

By the way, $50k is a huge amount of money in my local fiat (I guess in the US too). I don't know what country you're from but I want to believe that amount is huge too pin your country. I don't think banks will grant such amount of money without a collateral. So, what collateral where you thinking of using for the loan? I think you should've sold that collateral for Bitcoin instead of going for a loan.

Would I take out a loan to invest in Bitcoin? Nope. I would rather use my savings for it or sell off certain assets to get what I want. I detest bank loan.

Most times, news don't immediately affect price. It has to take a few more days for the market to internalize what just happened and then know what direction to take the reaction from. Just the same way that negative news you referred to took some days before showing its ugly hand, it's the same way the US rate cut news will react one day and push price higher. It's looking like nothing is happening now after that news was released as price continues to struggle in a range.

As for $90k speculation, nah! I don't think price will get to that level. I believe it will continue to stay above $100k. If it gets that bad that it dips, maybe it dangles between $100k and upper region of $90k. But I don't see it going down to $90k.

I can overlook your first paragraph (that's why I also snipped it out) as a misquote to me. However, those other two I referenced above obviously shouldn't be for me. I believe you should be quoting OP to give them those details.

I don't know how practical that's, though I've read about people suggesting that. How many words of the seedphrase is the person going to carve into a stone? That's why I don't believe it's a practical reality. Again, there's always that wear and tear that comes when stones stay a long period of time. Anyway, to each what works for them.

For me, I just jot my seed phrases on papers. I don't even like saving on cloud or email or keeping it as screenshots or writing them on notepads. Nah! I'm ancient when it comes to saving my seed phrases. The ancient way with papers works well for me.

Dat Sim Fubara dude just messed himself up by going back there as the emergency rule ended. He has just emasculated himself by dat act. Which mouth wey im go get again as govnor. Nothing at all. No levels. Him go just dey there now as stooge to Wike. It's a pity wetin some people go fit do just to remain relevant in life. He wan continue to dey enjoy convoy ride and d hypocrisy of people wey go dey shout "his excellency" follow am like dog dey follow persin wey get runny stomach.

On Wike's part, it's a pity d godfatherism wey him condemned as govnor na im him com dey do.

I can understand this with newbies not getting back to topics they've created because they may not know there's a telegram bot built by a user here to notify users anytime they're mentioned. Again, newbies may not know how to set up notification on this bot or on the thread they've created. Here's the bot link for those who've missed it on the forum @BTTSuperNotifier_bot. For those who don't want to use the bot, they can simply activate "watch" on the thread. It's close to the "reply" tab.

You're right about the fishing for merit thing as to why members open threads. It's evident in the way new threads get more merits splashed on them than replies get merited. Until OPs begin to get less attention and merits, I don't see that stopping anytime soon.

Besides all the suggestions given you in respect to your questions, if you stick here long enough to rank up and be able to display pictures, you will find art contests organised by projects that reward winners for their skills. The rewards come in mouth watering packages. I encourage you to stay, read, and make constructive posts that will boost your activity count and merit earned so you can speedily rank up.

Make I just address dat part in quote. Sometimes sef, those wey dey discourage u nor dey know sey wetin dem dey do na discouragement. Dem dey think sey dem dey protect u from harm. Na dis be d reason why anybodi wey dey do anything wey dem conviction grab nor supposed listen to anything wey people dey talk wey nor align wit wetin dem convince. Nor let dat happen. I remember d story of Seal, wan Nigeria musician back in d days. OGs dem go sabi d dude. Seal mama go hide Seal passport so dat Seal nor go fit japa, according to d story wey circulate dat time. All dis happened when japa neva even become something sef. I think na early 90s or so e happen. Her reason be sey she nor want make her son leave her. Una know mother's love na. But to d son wey be Seal, na act of wickedness be dat. Na so e dey be. Before we listen to people's advice, we supposed find out who get awa interest at heart.

Na true u talk but na as many people here dey make am look like sey if persin nor invest in Bitcoin d persin nor dey wise. I know some people for dis space wey dey like talk down on those wey dey invest in altcoins but behind closed doors these ones are also investing heavily in altcoins. D hypocrisy for dis space nor be small. My own be sey anything wey catch ur fancy and fit give u enough ROI, make u do am. For those I coach, I dey remind dem sey na Bitcoin dey less risky compared to other crypto investments but Bitcoin investment nor fit give dem d type of profit wey altcoin investments dey give on short term; sometimes even on long term.

That's why it's advised that we invest what we can afford to lose. That's the mindset to adopt whenever we're investing in anything. I mean anything at all, including Bitcoin. Just put the money in there and forget it. If it turns out profit, fine. If it doesn't, it's still okay. Just move on. There are some tokens that were almost forgotten a few years ago that are pumping now. A few of them like Bilicat, Wikicat, Mumu, are pumping now. Those who hedl them, are now feeling lucky. I'm sure most of them may have even lost hope of a recovery. Crypto is a crazy place, honestly. How do you justify a token like Mumu that had a marketcap of less than $3k just two weeks ago doing almost $1 million MC today? I'm not shilling for any of these projects but I just needed to cite them as examples as they're current happenings that I'm observing. I won't even ask anyone to buy into them now as price has already gone high. This goes to show that in this crypto space, surprises are a common thing. Don't write off any project. Someone might pump them tomorrow.

Yeah, you're right about that feeling of trust and satisfaction. Different strokes for different folks. I prefer Trust Wallet to Metamask. My preference stems from the fact that Metamask isn't beginners' friendly like TW is. As for wallet security, I don't rate Metamask above TW. For me, there isn't any difference in that regard. As for whether I would buy a Metamask token if listed, I don't think so. But I can trade it if there's evidence it can attract volume of trades.

If Metamask had created its token when it was in vogue after the collapse of MEW – MyEtherWallet, it would've gained more patronage than what it's having now where its popularity has been challenged by other crypto wallets.

Buying the dip is what we do when we DCA. The idea of DCA is so that one doesn't miss out completely buying cheap. Since we aren't sure where a bottom will occur except on hindsight, that's why we systematically buy in by buying in bits with expectations that price could fall further. It's not that buying the dip is another strategy on its own than DCA – Dollar Cost Average. It's just the same thing Forex traders do called "martingale" where trades are triggered at every drop-down (ongoing loss) with expectations to compound profit once price reverts. I hope my explanation helps.

You may want to edit that error 😏. I believe you wanted to say $116k there.

Yes, I agree with the DCA suggestion but then we also have to remember that there's no perfect situation in life. Sometimes, price can take off after our first purchase and never dips again to allow us another buy opportunity. That's one of the flaws I've noticed with the DCA strategy.

First off, how would you know that investors are confused buying Bitcoin at this time? What's your stats for such statement? Don't you think they aren't confused but that they're only trying to be shrewd in their entry level as they may be waiting for price to dip more? I think it should be the last option in all I listed. Again, you talked about volatility of Bitcoin. You should've seen when Bitcoin was volatile. It's so much calm now, and that's somehow boring for me. You should've been here pre–2020 to observe what volatility is.

I don't know for how long you've been in this industry but your question there makes me wonder why you didn't buy before now if you're still asking that question.

I'm one of those who think Bitcoin will smash that level and even go beyond it into $200k. I believe it will happen before December of this year. It's just my speculation anyway and that's derived from historical data I've perused. We may have around three months to go in 2025. That may seem like it's too short a period for Bitcoin to do all that, considering that it's currently sitting at $113k+. Bitcoin did over $120k a couple of weeks ago before relapsing. Once it breaks that resistance level again, it should be a rally upwards. Bitcoin is yet to make its circle ATH as expected by historical data. $150k is even below that range

Point of information – everyone who trades is a real trader. Perhaps, you meant to say "profitable traders", I guess. Again, that someone consistently follows the market doesn't make them profitable. Any trader who earns from their trades more than they lose to the market is that trader you're referring to. It doesn't mean whether they watch charts or sit on the market or not.

Well, that's not entirely true. It can happen to newbie traders or those who aren't profitable yet. Profitable traders know how to hit the iron when it's hot.

You don't have to over trade because the market is always open 24/7. Every trader should choose their trading pattern and what works for their temperament. I don't like scalping the market except when the market is choppy/ranging. On the whole, I like placing trades and letting them run. It's so I don't have to constantly revisit my charts at the detriment of other stuff I should be doing.

Even if one decides to isolate oneself in a room to trade, one should've trading groups one belongs to as that will expose one to what others are doing too. It's a kind of assessment mechanism.

I don't know where you got that info from but I can tell you for free that it's not so. To the best of my perspicacity, traders are about the most disciplined set of people and aren't given to vices. Most of them hardly have time outside their charts.

Just the same way it's a bad choice for me seeking bank loan, it's the same way I avoid trading competitions. I don't like anything that makes me conform to something. I feel caged in that. It's the same way I don't like prop firms, no matter how enticing their offers are. So, for what should I engage in trading competitions? That's what I always ask myself whenever I see one pop up, and that has been happening a lot more this day with Cexs pushing that narratives on some of the exchanges I use. I like to go at my pace. I don't see any need to prove anything to anyone but to make my journey count for myself, and myself alone. The need not to prove anything is the first step to taking pressure off oneself.

Land na asset and e nor dey lose value until I go buy d wan wey dey for flood area unknowingly or d wan wey dey in dispute. Na dat time u go carry hand for head sey u don enta wan chance. D truth be sey anything investment nor dey always go straight as we dey often think am. Risk dey all of dem.

Dis wan nor be financial advice. But make I talk how I go handle dat situation (it has proved to wok, anyway). If I get dat ₦5m so, na d period wey I get am go decide where I go put am. For instance, if I get an now now I go put an inside Bitcoin. But if I get am like in 2026, I go put am inside land. Now, I go dey rotate am go like dat. During halving year for Bitcoin, I go sell d land carry d cash buy Bitcoin. As soon as we dey enta bear season, I go sell off d Bitcoin and carry am buy land again.