Search content
Sort by

Showing 20 of 121 results by Rgram
Post
Topic
Board Speculation
Re: Don’t fall into the take profit trap $118.8k isn’t it.
by
Rgram
on 14/07/2025, 22:15:04 UTC
Why do some people insist on calling it "profit taking" when they convert Bitcoin to fiat currencies like dollars or euros?

I had similar thought while creating this thread but, had to abandon ship because when you look at it, we still need to shift values into a more generally acceptable forms to enjoy the benefits of having taken up certain investments.

So the idea was,
I got 0.5 BTC valued at $100 in 2015
Same 0.5 BTC is now valued at $120 in 2018.

Haven’t made a profit of $20, to enjoy that profit, I’ll still end up liquidating some of my original 0.5 BTC. Let’s say, 0.05 BTC is valued at $20. I’ll be deducting that from 0.05 BTC from the 0.5 which means,

0.5 BTC - 0.05 BTC = 0.45 BTC
Hence, 0.45 BTC would retain the $100 value in 2018.

What have we done, we have liquidated.

Same logic apply to every other investments. You’ll always end up selling a portion of what you are invested in to enjoy the profits. $100 in the bank will always remain $100. Invest it in let’s say,

10 wrist watches = $100 in 2015
Now, same 10 wrist watches = $200 in 2018

To get the profit, you’ll have to sell 5 of it.
And be left with 5 which would be valued at $100.
Same capital, reduced quantity.
However, valued has switched from commodity to money.
Post
Topic
Board Nigeria (Naija)
Re: Your devices and why the choice?
by
Rgram
on 14/07/2025, 21:58:02 UTC
For daily drivers and secondary devices most Nigerians use either iOS or android the question is what specifications do you focus on when getting a device (RAM, Camera, Processors ..... Etc) and why?

I believe this would be helpful to those coming into tech or other branches like photography , designing, programming etc.. pls this thread should not be used for any form of advertisement for any brand in particular though you can share the names of the ones you use.

While all these are a need to know it counts towards the sort out for in choosing a device, the first thing to direct on where you should prioritize is:

The purpose of usage: This na the most first thing way you need bear in mind before you even look at the specifications way you go need a device to get before you choose am.
* If na photography be your target: you go prioritize camera first (IOS devices don champion this side), ROM to aid you store those plenty photos and video you wan shoot and Screen resolution.
* If na programming: Omo, you no Dey carry phone program nothing o, na laptop you need and that mean say, you go Dey look out for devices with better Ram, Screen resolution, System edition, Base processor, ROM, etc.
* If na for trading: As at above fit apply too but, e no really need be heavy duty like above.
* If na for everyday use: Just a device with good ROM, RAM and Camera resolution don solve the matter.
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Rgram
on 14/07/2025, 04:17:55 UTC
$120k USD/BTC, Gentlemen.

Cheers to keeping wake with Bitcoin at $120k

It didn’t take a breather as it’s quickly gone above $120.7k
Post
Topic
Board Nigeria (Naija)
Scam on the rise, make your close relationships no sweep ant put for your body.
by
Rgram
on 14/07/2025, 04:08:35 UTC
Close relationship induced vulnerability


source: Freepik
Abeg, no reason the plenty grammar way I use for that topic header, I go still come down to our local pighin, that one just hard to put for pighin.
The matter I wan talk about like this no be say, na watin plenty of una no know o, in fact cef, if na only una, wahala no for Dey but, make you no con Dey conscious for your end and your close relationship go con sweep ant put for your body.

Watin I Dey talk here be say, make person no go make you fall victim to phishing scam and identity theft scam. Watin make me reason this matter today na due to matter way one of my friend tell me today as we been Dey watch Chelsea match. Omo, as we sit don for one corner with shayo for our front and sharp catfish pepper soup to use clear eye make we for see as Chelsea Dey use tire PSG, na so my friend yarn me matters o. E say one of en younger siblings do make them scam am!

How e carry happen?
Na watin I ask am o, e say en sibling reach out to am say, e get game way en friend been introduce am to way them Dey use win money. Say en friend don win #200k for the game and him wan start en own journey for the matter. Say e don pay #4k to access the game and now e need pay another #6k make them for send am codes go use Dey play the game. My friend no really trust the matter but, make e no con be say, na #6k Dey hold en younger siblings progress and make the matter no end for en own side, na so e forward am #6k make en pay.
As e pay the #6k finish, e don contact my friend again say, them say en need another #7.5k to use activate en account well.
Na there my friend para o, e put am for en body say which kind rubbish game be that, say oya make en reach out to en friend way tell am of the game way don collect me for the game, say make e first borrow am #6k or at least, show am detail of the #200k credit transaction and possibly withdraw from the money.
As this younger sibling reach out to the friend, na there the friend tell am say, na scam!

Omo, my friend no fit para but, e just take am say, en sibling suppose learn from this kind matters and most of all, the money no plenty. Them don run am small local, make e see say, the world no pure.

Need to know for this matter be say:
These our siblings them and younger generation, them Dey very hungry for money, to make money Dey the body and na so them go carry fall into small small wahala. We need to Dey watch and caution them well make them no take steps way go cast them.

How this matter take concern us and the safety of our crypto asset?
Coming from this part of the world, e no new say, we Dey sabi carry our gadgets give younger siblings or even people we get close relationships with to use do some kind things, maybe play game, watch video, do assignments and entertain themselves in some ways.
Omo, if this na gadget way your wallet Dey inside or you Dey carry work, then you need to draw their ear make them know the kind link way them Dey tap and not to download anything put for your gadget o. Next thing you go know be say, them don download one malware put for your gadget way go steal your privacy details, hack your gadget and collect you wella from your wallet and exchange.
I no say make you preach Bitcoin or cryptocurrency to them o, make you no go endanger yourself, na just to tell them say, make them no do anyhow without your permission for your device, chikina.

If e possible, make you no allow anybody get access to your gadget way contain important tools and files, make it your private space.
Meanwhile, Chelsea wire PSG watin no good, Chelsea fans Oye!
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Rgram
on 14/07/2025, 02:52:41 UTC
Bitcoin will go to $1 million and $10 million.
I have my own prediction: There is no top! It can't be! If there's a top Bitcoin will never cross, that means from that moment onwards, Bitcoin has to lose value faster than the dollar. And as inflation is built into fiat money, that's simply not going to happen. That leaves only one possibility as long as Bitcoin exists: Bitcoin has to keep going up in the long run.

I am glad that you are "getting it" since of course bitcoin goes up forever in terms of the dollar and also in terms of non-scarce assets and in terms of all of the fiats, and yeah the dollar is currently and likely to continue to be the strongest of the various forms of shitty monies..

The idea with scarce resources is that, it never marks out in value and it even gets interesting with Bitcoin being a decentralized currency when Bid/Ask by users around the globe determines the prize, it gives no chances for manipulation and the price remains volatile.

New ATH

$119,447

I beat Chartbuddy on this one

It’s now a low

We are at $119,781k - 1 BTC now.
Seems the Asian opening would do it.
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Rgram
on 14/07/2025, 01:07:14 UTC
Turn the page.



Tried turning but, my handheld device was on auto rotate so, the image turned with it. Maybe when I get the chance to flip my desktop then, I’ll get it.  Wink
Post
Topic
Board Speculation
Re: The BTC drops is causing panics
by
Rgram
on 14/07/2025, 01:03:36 UTC
Price dips to $118,900.  Panic ensues.  Cheesy

Lol… you know one truth, when certain weak investors becomes too conscious of their investments to te point they aren’t ready to loss even $2, then a drop from $118,902 to $128,900 is a significant dip. Funny how they would be clucking buy and sells more than they should and let exchanges reap them for execution fees
Post
Topic
Board Bitcoin Discussion
Re: Places where you can travel paying with Bitcoin in 2025
by
Rgram
on 14/07/2025, 00:49:18 UTC
After seeing your comment on a thread I recently crated;
An alternative idea to taking profit I will always be advocating for: spend some bitcoins directly instead of selling them for fiat. For example travelling Wink "Store of Value" is totally okay but Bitcoin would be even stronger and more resilient if it was used more for real payments (not for every coffee, mind you ...).

I dived right in to see if their our places Bitcoin could be spent in my locality and boom, found somewhere in the eastern part of the country, several kilometers away so, it ain’t any bit close but, this is being archived gradually and yeah, easterners in my country are known for being good at Business.

Hancarri.ng is making it happen.

Location: Hancarri
Plot 7, Imperial Mall, Cartege Cinema House Okpanam Road, Asaba 320242, Asabaof Nigeria

Aside from being amongst the first innovators, this is also one way to put your business on the map and Hancarri.ng has got this in the bag. Spending Bitcoins directly would be a normal thing in the future but for now, people are more focused on accumulating and accepting Bitcoin directly in purchases is another means for the merchant to not just do business but accumulate as well.
Post
Topic
Board Bitcoin Discussion
Re: Don’t fall into the take profit trap $118.8k isn’t it.
by
Rgram
on 13/07/2025, 22:35:11 UTC
What if you only have 0.5 in Bitcoin but bought it in 2016 when it was valued at $1000?

If we are to consider this; 1 BTC at $1k in 2016, that would mean,
0.5 BTC to be $500 in 2015 and now valued at
0.5 BTC to be $59.4k in 2025

Profit would be $58.9k
Wouldn’t be so wise playing around or spending all that money now would it…definitely you get the free hand to enjoy a good amount of it if you will and mainly when it’s necessary I maintain and your capital is something you could grow as well. By not spending any significant amount and let what you hold be the capital rather than dating it back to 2016 which is over 9years behind us.
Post
Topic
Board Bitcoin Discussion
Re: Don’t fall into the take profit trap $118.8k isn’t it.
by
Rgram
on 13/07/2025, 21:39:06 UTC



Played this one too many times, trying to get you to sell or have it dump and he gets a better buying position even when he doesn’t need that for his company.

Wonder why his not selling even with his rain clouds prediction.
Post
Topic
Board Bitcoin Discussion
Merits 2 from 1 user
Don’t fall into the take profit trap $118.8k isn’t it.
by
Rgram
on 13/07/2025, 18:58:54 UTC
⭐ Merited by d5000 (2)
The red candles defying weekend

In times like this, I wonder where are the pessimist and those who always see Bitcoin to be dumping haven’t come so close to a previous all time high…
These are the people that would tell you to sell or maybe swap to USD so as to preserve its value and guess what, Bitcoin could be really defying as it’s gone against all odds to produce another ATH at $118.8k and it’s not stopping on its bullish formations.

One of the common statements you would get from people at this time and with the charts going green is that, you should take profit and be done with it so you’ll invest when it dumps. My advice for you guys would be:
... Buy when you can, sell when you must, and only when you must!...

...and take your profits in Bitcoin.
That’s some knowledge from the speculation board. Don’t miss on the goods stuff there

Back to it, not as though Bitcoin always climbs but in times like this, it’s most likely and so, taking profit isn’t always the right mindset towards it. The idea still remains, having to expect more like OgNasty does with the little climbs to straighten your position and that’s what I found in this,
When do we hit $120,000?  I'm guessing Tuesday evening (Wednesday morning).
Now it’s already looking as though, Tuesday is way too far, lol… OgNasty, you were still spot on though and that’s the mindset to go with it.

For those that most take profit, you must try to understand certain concepts and the most important of them is;
Taking profit hasn’t got nothing to do with liquidating your Bitcoin portfolio to do so. You would be doing it wrong.

Profit refers to the increment on your invested capital. Mind you, your capital stays in place to yield even more as price progresses.

That means,
You got 1 BTC at $100k in December 2025
Today 13th July, 2025, it’s 1 BTC at $118.8k
Your profit is $18.8k and that’s what you can or should play around with.

Mind you, you should withdraw only if you must and haven’t got any other choice else, even invested capitals could be grown. There is always something to regret when we liquidate our portfolio and at the top of it, people tend to find it difficult buying at a high price after selling at a price that would become the low to where you would be buying from.

So, be mindful of what you do when price is going up, even taking profit could be a trap you don’t want to be in.
Your thoughts on this?
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Rgram
on 13/07/2025, 18:05:12 UTC
... Buy when you can, sell when you must, and only when you must!...

...and take your profits in Bitcoin.

Hope people know take profit doesn’t also imply liquidating your portfolio…

Bitcoin is preparing to break $120k price range by tomorrow being 14th July, 2025, it seems the market don’t wish to wait on for Tuesday as speculated.
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Rgram
on 13/07/2025, 00:35:39 UTC
WO gentleman

Someone can guess, what is the signal?


some direction : Bitcoiner's House

Naaah Max 1 window with green mirror
And even that will not be realistic …
10-20 times the picture and 1 green window

The rest are n00bs still didn’t figured it out…

Green lantern mining village trying to keep evil out and sustain the bulls through the weekend that cry bear clouds on the village.

Not today they say, not today, Bitcoin maintains a good range above $117k and we just would see $120k in the coming week.
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Rgram
on 13/07/2025, 00:22:21 UTC
mempool at 1 block

1 sat/vb

bitcoin floating around $115k+ at new ATHs


so, layer 2 anyone lol?

i know scaling is and will be an issue but times like this and bullish news all over the joint (for "crypto") and empty mempool..

because retail fomo is not there at this number.

my modded t21's on eBay are a good deal as compared to other sellers.

but you need to have 10 cent 240 volt power.

most us home do not have 10 cent power  they are over 20 cents.

so for retail mining to heat up price must get over 150k fast more like 175k

when you see gear flying off eBay and retail sellers jack price on the newer better gear retail fomo is there.

117k is for ants.

and hodlers

Tried to follow through on this and even had to visit eBay and make a search for ‘modded t21’ if I could get some hint on what it’s about which would tell on what’s been discussed but, didn’t get anywhere with that.

Don’t mind me, just having a hard time catching up from the bottom but, not so much on Bitcoin price, lol…

It’s $117.2k now and it’s weekend, what would you be drinking to with this recent ATH hit and the highs it’s been making…
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin vs centralized Coins like Ripple
by
Rgram
on 13/07/2025, 00:13:35 UTC
Yes, it’s a big issue, people are not doing enough research before investing in a coin or token. Doing our own research is essential to get it right and to avoid centralized Shitcoins, were the developers can make everything they want. Bitcoin has a strong Code and decent Developers, so it's our best bet to invest in Bitcoin. Smiley

When people already have the idea of getting in early on an altcoin and you would be in line for some quick money established on their minds, they tend not to care what the altcoin is out there to offer which is always the same thing, just one slight difference that wouldn’t be of any significant value except, to milk the public for those behind the project.

Investors in altcoins almost never research and in the real sense, what you mentioned here like the coding system,, developers and possibly those behind the project including what it tends to archive is what they should be looking out for and not just to buy and hope that it pumps.

One thing is for sure though, developers would always take profit before investors would and that tells you how shady altcoins could be.
Post
Topic
Board Nigeria (Naija)
Re: Your best advice regarding Cryptocurrencies
by
Rgram
on 09/07/2025, 08:52:26 UTC
~snipe~
You are right, we need to be careful from our point of view to not appear as lecturing towards Newbies, wo still can have huge knowledge about cryptocurrency. Not every Bitcointalk Newbie is a newcomer to crypto. We need always to be welcome and friendy to Newbies here in Bitcointalk.

I would be bold to say, you can lecture me!

It doesn’t mean I don’t know a thing or two about Bitcoin or cryptocurrencies but, you might have an interesting way to put it which might be entirely new to me or even better than the way I have always known it or would put it. At least, what I feel I know, I would share and if it results to what I need to pose some contradicting arguments on, I would as well and not because I want to argue and be difficult but, because I want to learn from it.

Even newbies have got something to teach you know. The ignorance of those who are learning can bring the spark that question which would lead to intelligent discussions and discoveries.
Post
Topic
Board Speculation
Re: 100 Push-Ups Per Day Until Bitcoin Is £100K Challenge
by
Rgram
on 09/07/2025, 08:25:06 UTC
doing 250 pushups day after day is dumb i will get hurt.
doing 500 stairs day after days is dumb i will get hurt
doing one ninety minutes on the bike is dumb i will get hurt.
doing thirty minutes with resistance bands is dumb i will get hurt.

but 100 pushups every other day works
and 306 stairs works every other day.
forty minutes on the bike works every other day
15 minutes resistance bands works every other day.

so i kind of know the low end of exercise i can do with out getting wrong soreness.

and I kind of know the top end of exercise that will hurt me.

the goal is to do the low end and slowly add a bit to it.

I recently saw somewhere that, two set of racers were asked to take a test in running. One group was asked to run for 20minutes and the other group were just asked to run and wasn’t given a time range. In the exercise, it was found out that, the athletes that weren’t timed did better than the ones that knew all they had to do was run for 20minutes.

That is to say, once your mind already capped it at a certain point, that’s how far you are more likely to reach.

It’s important however to know your body and I figure that’s what your post implies and yes, limits are good for fitness else, you might end up building muscles and changing your structure in ways that you wouldn’t appreciate. Slowly beating your limit though builds endurance and works without having to stress the muscles.
Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Rgram
on 09/07/2025, 08:07:32 UTC
I think that there are a lot of us here, who are active in this thread, who consider buying on dip to be inferior to DCA and also problematic for newbies to get overly caught up about BTRC price rather than just ongoingly buying bitcoin regularly, persistently, consistently and perhaps even aggressively, which is quite a bit more difficult to accomplish with a buying a dip strategy, unless the buying the dip strategy merely supplements the DCA and/or even lump sum buying approach.

Even buying the dip strategy isn’t so easily overcomes especially for those that are new into Bitcoin. You tend to face 2 type of challenges which are,
1. Knowing that this is the dip and price wouldn’t further dip from this point
2. Having faith in Bitcoin to go up as it usually does (you often find newbies in Bitcoin fighting within themselves speculatively).

That’s why, the ‘I don’t care’ what the price is which is usually the attitude about the DCA strategy always works best and is usually achieved rather easily. In fact in a way, it keeps your greed in check because, you look forward to a long term goal rather than short term.

What does BTRC means? I didn’t get that.
Post
Topic
Board Reputation
Re: Announce your rank up, merit or any achievements that makes you feel great!
by
Rgram
on 01/07/2025, 01:40:36 UTC
Quote
My 100th Post

A journey of a thousand mile begins with one bold step they say. Not so long ago I had difficulty posting on the forum and always wondered just how some of you that have got thousands of posts managed to do it. Just how are you not running out of ideas and have always known or got want to say in discussions and make relevant ideas. To some extent, participation was really difficult but, it would be a lot more when you don’t free yourself and open your mind to what is on your screen.

That’s where I am at I think, opening myself to what everyone has to say and try to get along. It might not be a measure achievement, it might not look like much compared to the numbers most of you have but, this was a mile that initially looked really far and difficult and so, I’ll like to mark it here as a reminder of many miles to work and that it’s possible once you keep going forward.


Profile View


100th Post: marked with JayJuanGee

This is to encouragement to myself and those who find it hard to actively participate in discussions on the forum. My advice, start from the niche you know and read from the niche you don’t know too well, sticking around helps you to learn even more.

Here ends, my 100th and begins a count for 101…
Post
Topic
Board Nigeria (Naija)
Merits 1 from 1 user
Re: Balancing Financial security and Bitcoin Accumulation
by
Rgram
on 01/07/2025, 00:41:15 UTC
⭐ Merited by JayJuanGee (1)
I don't understand the pigin very well... so I might lose the context when trying to figure out the pigin.
Of course you would have a hard time, I see you are not Nigerian and having an interest in our affairs makes you a peculiar user, that’s fine.

Given that all that it’s stated in quote is hypothetically, if someone is earning $1,500 in Nigeria as his monthly income, you are well living somewhere above the middle class and could be said to be a reach man. That’s over #2.3m in our local currency with exchange rate at #1,560 and that’s money for months, even with kids to feed.

I understand that there might be some aspects of my numbers that were unrealistic, yet I believe the main importance stuff is to attempt to see how the hypothetical guy is attempting to figure out his bitcoin allocation (and even his building of his back up funds) from his discretionary income.. and then in the end over several years he may well build his bitcoin investment to such a level that he might be able to start to draw from his bitcoin, especially if the bitcoin starts to become valuable enough (and I tend to use the 200-WMA to measure value) to be able to replace the guys income and even to cover all of his expenses at a similar standard of living so that he might start to feel justified to either discontinue working or to reduce the demands of his work or even to spend his time on the kind of work that he would prefer to do rather than having to do it.
As unrealistic as it might seem, there are those that are still able to earn that much in the country, those who work in some of the ministries and oil firms, those who earn per sales from their business and franchise. Interestingly, a lot of these persons are well placed and rarely care so much about a Bitcoin investment. Most of them just stay themselves in the old ways of earning and finances.

Should you have expenses to be covered at #950 for the month with a discretionary income, you’re doing so well and it could cover both for financial security and Bitcoin accumulation very well. Using same rate at #1,560 would mean, $550 is well around #850k which is close to a million. That’s a lot of money that can well go into build a portfolio and also do your fiat savings if you care about such things.

Of course, if you think that I am not being sufficiently realistic with the numbers, then you could reduce the numbers or adjust them in one way or another to make them seem like they are more realistic to your situation or to some hypothetical person(s), even though I tried to describe both a variation in the income/expenses and also some ideas of the most regular/common levels of income/expenses so that it might be easier to present ideas about the situation in a thread like this while trying to avoid overly complicating matters...  and sure there may be guys who have a lot of erraticism and/or uncertainties in both their income and their expenses so that they have difficulties figuring out on a month to month basis what the levels of each of those are going to be each month, yet there likely would still be abilities to look back at history and figure out best case and worse case scenarios to get some ideas about the variance and/or the patterns that might exist, even for guys who have erratic income and erratic expenses.
When it’s about stating hypothesis, everything goes and what I really think is that, it doesn’t matter how one earns or how small the amount might be. Someone who is really concerned about growth wouldn’t want to live day to day. There isn’t a way to grow without having some kind of savings or investments which makes it paramount that, people should always find ways to cut down for investment purposes it’s a sacrifice to safe guard your future.