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Showing 11 of 11 results by Princesslelee96
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Topic
Board Nigeria (Naija)
Re: Lack of full knowledge could lead to lost of Assets in trading
by
Princesslelee96
on 12/08/2025, 17:21:24 UTC


also tell am mk e dey only use money way e fit loss so e no go pain am or feel am say e loss money because all this Investment profit no dey guarantee.

I get, I totally agree also on this, over ambition also make am to loss as well, money wey he fit loss or like money he fit dash person no go mk am feel like he lost anything.
Post
Topic
Board Nigeria (Naija)
Re: I think allowing a newbie to come to you for a full knowledge about Bitcoin
by
Princesslelee96
on 11/08/2025, 20:41:13 UTC

If person dey desperate to learn something, e go learn am with one mind and nothing go stop am from thinking otherwise as him dey learn the thing. E go dey more focus and fit even learn faster based on say him mind don make up for that thing. When person come to you to teach am something, e don already show say this person don dey serious about am and go do well to get the best knowledge. If you dey position to fit teach people about bitcoin, e better make you just tell them about am, but no really sugarcoat or wan I try persuade them. If them like am, dem go definitely come for am no matter what. Bitcoin na very delicate kind of investment wey you need to dey very careful about and try to make everybody make their decision about am before dem venture into am.

No be lie, person wey Dey well determined to learn nai be the best to lecture for trading, okay for example, one of my friend wey get the wrong update then land himself for trading without proper knowledge na so he lost everything, so when he come relate am to me nai I ask am who tutor am? He tell me say na he guy but the guy no lecture am well

So I come advise am to go pay for better lecture he come accept

So wetin I dey try to talk be say, with that kind person wey Dey determine to learn then he carry himself to get better knowledge he go calm down learn wella without stress.
Post
Topic
Board Nigeria (Naija)
Re: Difference between keeping seed phrase, private and secret.
by
Princesslelee96
on 11/08/2025, 20:10:17 UTC
These two words are often used when someone is advising you about securing your bitcoin investment, but thinking about it, the context may be misunderstood clearly by people in different situations who nor really understand well.

I go use the two word for sentence, so we go fit understand am wella, and na-

- Keep your seed phrase private.
- keep your seed phrase secret.

Me I understand say the purpose of the two statements mean the same thing, but for different people the actual meaning dey different. Make I explain.

If you have a trusted partner, wife or husband wey two of una dey on the same motion, keeping your seed phrase a secret, fit affect una marriage unto say e go be like you nor trust them enough, so in that case, the better word na to say make dem keep am private not secret.

If you dey single or you dey with partner wey dun show signs of being unworthy of trust, in that case na for you to keep your seed phrase Secret not private.

Something wey dey private, dey among a group or a few persons, something wey dey secret na something wey you dey keep to yourself alone.

I know say nor be english class be this, but e go make sense say we show a higher level of understanding as crypto enthusiast by using the proper terms when speaking among ourselves and to likely investors we hope to lure.

For me,  keeping your seed phrase private is by not letting anyone including your partner or family to see or know about it just you alone, the same thing by using the word ‘IT PRIVATE’ which mean say na only you know where e Dey, you get?

Then for keeping your seed phrase secret is by knowing about it and also exposing it to some few persons maybe your mom or dad or even your partner which you can trust
Post
Topic
Board Nigeria (Naija)
Re: I think allowing a newbie to come to you for a full knowledge about Bitcoin
by
Princesslelee96
on 09/08/2025, 22:43:29 UTC
so my mates fee free to express your experience on which of the newbies that you think will be serious to learn and in building up his Bitcoin portfolio.

For me letting the newbie come for tutorial is the best because actualizing trading to a newbie that isn’t interested or determined to learn it’s really a waste of time and also the knowledge might not be there, regarding the criteria’s in trading, it’s ought to be a personal decision.

Trading is so unpredictable, willingly and patient applies.
Post
Topic
Board Nigeria (Naija)
Re: Lack of full knowledge could lead to lost of Assets in trading
by
Princesslelee96
on 09/08/2025, 20:27:59 UTC
A friend of mine embarked on trading without a proper mentorship and lost all his assets.


Your friend cannot loss his assets if he traded on spot, he might have crossed the line of beginners stage to margin trading, futures and contracts, if he was clam enough to buy assets in spot while the price decreases, it's still a good step but he fails to do that.

I totally agree on this, what you just described are supposed to be like a big noticed pasted on his mind as a newbie and in context whereby trading is not guided properly it’s causes huge damage to the finance.

Trading is a risky business where there shouldn’t be any expectations.



Post
Topic
Board Nigeria (Naija)
Topic OP
Lack of full knowledge could lead to lost of Assets in trading
by
Princesslelee96
on 08/08/2025, 10:09:42 UTC
A friend of mine embarked on trading without a proper mentorship and lost all his assets.

So I want to ask? What are the criteria’s to become a good trader?
Post
Topic
Board Off-topic
Re: Is it necessary to sleep early?
by
Princesslelee96
on 08/08/2025, 09:39:11 UTC
When the sun sets in the place where you belong.
Afternoon thrall is good

Sleeping early is good especially after a long day, but I think 8hours sleep is the best and enough, sleeping longer than that might cause restlessness and discomfort to the body

Am talking out of experience
Post
Topic
Board Trading Discussion
Re: Please Give up! If you notice trading is not for you.
by
Princesslelee96
on 06/08/2025, 17:35:15 UTC
I also totally agree with this. People think trading can be an easy way to make money but this is not the case for most traders. Any trader that has been trading for like a year or two but still losing, such person should better stop trading.

I always post that trading is not gambling but it is very risky like gambling.
You have said something important, many people think that trading is easy and that it is possible to become rich within a few days. But the real truth is that trading is not an easy thing at all, it requires a lot of skill and risk. If someone trades for a short time and takes risks without analyzing it well, then it is not right for him to trade. Making money from trading may seem easy to you, but it is very risky. So I say if you cannot afford to take risks, then trading is not for you.
You are right some people feel that trading is so easy and that you can become wealthy if you start trading which is not correct, trading is difficult and very risky if you are not careful as a trader you will lose a lot of money and you will even be in debt, I always advise that if you want to trade use only your Discretionary income to trade so that it won't affect you financially when you lose, I have a friend that went into trading just because he saw an advert on Facebook that you can become very rich through trading he decided to start and when he did he started losing a lot of money and he stop trading.
Before you start trading you need to learn it very well keep an open mind when learning it don't allow money to be your focus at first try to know how it works when you do then you can be making money but if you carry the intention of making money first then it will cost you a problem of financial loss trading is not easy so you need to be very patient and consistent when trading, and lastly just as you said HistoLock if you cannot take risk then don't go into trading.

Do you know that some persons can just view a trader and all his assets and just wanted to go into trading as well, so funny,  been well established is even better than been broke before embarking into trading and also not putting all you have got in it if not you will be shattered and frustrated
Post
Topic
Board Trading Discussion
Re: Please Give up! If you notice trading is not for you.
by
Princesslelee96
on 06/08/2025, 17:12:50 UTC


Trading hasn't been for everyone so, anyone who sudden jumps out of trading as a view of carrier because of consistent looses made the wrong decision from an earlier stage otherwise, loosing shouldn't make you opt out because before you get into the market, you should had been aware about the risks which is where it knowledge is expected to be acquired first before riding on.

I agree because without knowledge it’s really going to be a total waste of time and money.
Secondly some persons might just get into trading without a proper mentor or couch, not even a research to direct them, because they heard about it and the funds are there, the next thing they proceed.

Knowledge is the first thing for me I tell you
Post
Topic
Board Bitcoin Discussion
Re: Apple (and Play) Stores are hosting scam wallet apps.
by
Princesslelee96
on 05/08/2025, 17:34:11 UTC


Do not get lure into downloading a wallet because of the reviews on the play store or Apple Store, those figures can be manipulated.

[quote

I totally agree with you, it’s so funny how some persons believes a mere review, and really, those reviews are really so impressive but I rather advise for more research on the said wallet than checking on reviews because most of them are programmed to scam people
Post
Topic
Board Nigeria (Naija)
Re: Let seedphrase be absolutely secret
by
Princesslelee96
on 04/08/2025, 15:48:39 UTC
Though am new to this cryptocurrency, but one thing I have known in this short period of time I have been in this space in keeping your wallet safe is writing your secret phase in a piece of paper and store it somewhere, where only you have access to it, because a pen is way more longer than your memory .