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Board Bitcoin Discussion

Re: Bitcoin Has Never Been A Scam.

Olubetty08

on 05/06/2024, 13:25:12 UTC

Quote from: Yamifoud on Today at 12:18:39 PM

Quote from: Onyeeze on June 01, 2024, 06:26:10 PM

Bitcoin is reliable but people who don't know will continue to castigate the name of bitcoin, the only that makes bitcoin to look as even is a scam is due to government and the level of attack they are attacking bitcoin, so I know very well that the procrastination of government towards Bitcoin is what makes people to have doubts of bitcoin, so without that I don't think that people may loss interest, upon government kind of bad character to bitcoin still bitcoin is still flourishing in the market, for me, I know very well that we need to understand that government is against bitcoin and that is why it look as if bitcoin is a scam.

Nothing has made Bitcoin a scam but just scammers and it ruins its reputation due to scam involvement using the name Bitcoin. This actually confuses the community because of the widespread scam issues but for us who know the situation and already have knowledge about Bitcoin, we can say it is not true.

Proper education is needed to correct all misconceptions about Bitcoin and the only solution to clear such issues. But until there are scammers, scams continue, and also because greedy people are easy to fool by sweet promises made by scammers.

Whether we like it or not, Bitcoin remains vulnerable to this scam issue as we can't stop scammers.

Yes, I agreed with you, I have been victim of cryptocurrency before even when I have a little knowledge about it, some countries put restrictions on Bitcoin not because they don't believe in the productive aspect of it but to protect their people from been a victim of scam, we still have a lot of people falling to the hands of this people everyday, even some so called professionals, I wonder how this scammers do upgrade their operation every minutes.The challenge here is that we can't trust any platform on cryptocurrency, but Bitcoin remain legit

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Board Trading Discussion

Re: New trader's must remember it.

Olubetty08

on 06/05/2024, 22:14:42 UTC

I could remember when I started trading as a newbie, I was able to make more profit then compare to now as a professional trader, I was able to take maximum risk then which yielded a great profit, this even drew me to learn more about trading.
A colleague called it luck then but I don't believe in that, you can make a maximum profit when you are new to this trading of a thing. My thought though

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Board Trading Discussion

Re: What people some people don't know about trading

Olubetty08

on 03/05/2024, 05:12:37 UTC

Quote from: Oshosondy on April 15, 2024, 04:51:18 PM

Quote from: Best-mary on April 15, 2024, 04:42:36 PM

I have seen where people say trading is a quick to get money.

Such people will trade and lose as fast as possible because they are trading like they are gambling.

Quote from: Best-mary on April 15, 2024, 04:42:36 PM

So, how can you earn 50-1000k like them if you didn't put in the work?

The amount you can earn will depend on your trading fund. It is possible that you can earn less than $50 daily or weekly if you start with low amount of money as you minimize your risk. As you minimize your risk so you are minimizing your profit but which is the better tactics to win more in trading than lose.

But it is good to know that trading is very risky as you are looking for profit losses my be the result.

; Trading is more or less like gambling, you may use more than 5 years in trading with hard studying and still not get it right, in my little knowledge about trading, I see it as gambling (it's either you make profit or loss).