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Showing 20 of 74 results by rimoeee
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Board Altcoin Discussion
Re: Is Trump official meme coin a threat to Bitcoin ?
by
rimoeee
on 19/01/2025, 22:54:31 UTC
Trump coin is barely a shit coin and should be nowhere compared to Bitcoin, it's literally working according to the hype and it's a short term investment for quick profit. For this type of coin one should know when to leave the market. The $trump coin that is being compared to bitcoin has already dropped drastically due to the launch of his wife's coin $melania. Are we now going to compare $melania to bitcoin?
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Board Speculation
Re: Does Trump Really change his mind on Bitcoin
by
rimoeee
on 19/01/2025, 22:42:56 UTC
It's obvious you were not following up and that's why you're surprised about the price achievement in such a short time but for those that have followed every step of the way on almost every update would have already envisage this to happen, and why do I say so, it's because Trump as owner of the $trump token reserves about a 90% of the token to himself and by that he could have it easily pushed just as we are seeing now.

The point is how long is this going to be sustained, what's the security of investors that are being influenced to invest by Trump's personality because what some of us fears is a possible imminent dump, just that no one knows when.

I think the surprise was actually that no one actually think Trump will be going through the route of having a memecoin, there is not the direction I think most people actually thought he would pick. There is nothing bad in creating or building a project on cryptocurrency but make sure it has utility or use case so that it can create a good adoption to the community, no matter how memecoins are been portrayed they will remain the same gamble coins I see them as. What most people want and why they are surprised isn’t this.

The scariest thing is the coin has 80% on a single address which was what made some people not to invest in it because at first many thought the social media platform of the president was actually hacked but after the seeing the news for long many started fomoing
And now news of $melania coin has emerged, causing the $trump coin to go down to $46 within 15 minutes. Most holders of trump coin are already in a panic state. Although my observation with bitcoin since the trump coin was launched is that both coins seem to be moving in a similar direction. But nevertheless i don't think it will have an effect on bitcoin in the long run.
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Board Nigeria (Naija)
Re: Naija Novice Hangout {Newbies introduction & Orientation} Thread.
by
rimoeee
on 23/12/2024, 02:20:12 UTC
Season greetings y'all... It's been a minute I have been here. Hopefully 2025 is going to be the year I start cryptocurrency trading.
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Board Speculation
Re: Bitcoin sentimental poll and discussion for December
by
rimoeee
on 01/12/2024, 16:23:45 UTC
With proper market analysis and speculation, bitcoin price is expected to reach $100000 to $300000 in 2025 cause this bullish market will still continue and extend as high as possible.
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Board Speculation
Re: Bitcoin hitting $1 million is possible.
by
rimoeee
on 01/12/2024, 16:12:15 UTC
This is very similar to how the early adopters of bitcoin when it was around $600-$700 must have envisaged bitcoin reaching $100k and now here it is and closer than ever.
 $1m is a whole lot but it's also possible for it to happen in the future. More investors can also act as a contribution to such increase in price. Meaning if it happens the market cap(price × total supply) of bitcoin will definitely be 21 trillion. That's indeed a whole lot.
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Re: My dream towards bitcoin increase
by
rimoeee
on 22/11/2024, 20:50:37 UTC
A dream can actually be formed when you think about an issue or a situation for a long time, you mind is focused on bitcoin. You've seen how the bullrun has been for the past months so it's very possible to have a dream of more bullruns. Not like I'm trying to be negative and I know some dreams do come through but the market can be full of surprises and one shouldn't base their investments based on dreams.
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Board Speculation
Re: $100k soon?
by
rimoeee
on 21/11/2024, 09:55:54 UTC
Bitcoin is already at $97k meaning it has just $3k to go before it gets to $100k and this might also be achieved this month. All these bullrun happened within a month. Within a month of 30 days we've already seen several ATH that it has reached.
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Re: 100 Push-Ups A Day Until Bitcoin Is $100K Challenge
by
rimoeee
on 21/11/2024, 09:49:45 UTC
With bitcoin at $97k we have just $3k to go💪🏽 The bullrun has encouraged my consistency. Does these pushups give a flat tummy cause my belly fat has reduced drastically. This is a double win

My report:
100k,Rimoeee,25,2485,2024-11-21
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Topic
Board Altcoin Discussion
Re: Your opinion on telegram airdrops..
by
rimoeee
on 18/11/2024, 20:02:40 UTC
These telegram airdrops has just become the latest trend, the numbers of airdrop mini app these days are a lot and we've even lost count. Now the issue is that most of these airdrops do not even care about the community, the ones who tend to gain from them are the developers and influencers. Most ask for ton transactions and people spend money on them in the course of mining and at the end of everything, they get lower than expected, some of the airdrops are not even able to cover the players cost. I would advice people involved in airdrops to ensure they make only investments they can afford to lose and reduce their expectations about most projects in other to avoid feeling disappointed.
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Board Altcoin Discussion
Re: Your opinion on telegram airdrops..
by
rimoeee
on 18/11/2024, 19:58:10 UTC
These telegram airdrops has just become the latest trend, the numbers of airdrop mini app these days are a lot and we've even lost count. Now the issue is that most of these airdrops do not even care about the community, the ones who tend to gain from them are the developers and influencers. Most ask for ton transactions and people spend money on them in the course of mining and at the end of everything, they get lower than expected, some of the airdrops are not even able to cover the players cost. I would advice people involved in airdrops to ensure they make only investments they can afford to lose and reduce their expectations about most projects in other to avoid feeling disappointed.
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Topic
Board Altcoin Discussion
Re: How do people make millions with memcoins
by
rimoeee
on 18/11/2024, 19:49:36 UTC
Although there are so many risk and disadvantages involved in memecoins, they also have their huge advantages. Honestly for most traders, investing in memecoins is not an option for them, especially with the fact that it is really volatile and it lacks development support but still, memecoins also has it's advantages. Traders who doesn't have a big portfolio, can purchase with the low entry price and make high returns. Their inexpensive nature is a major advantage and this can help small investors and traders to build their portfolio.
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Board Speculation
Re: How many ATH will see in this week?
by
rimoeee
on 18/11/2024, 19:31:40 UTC
Since the bullish market began which was immediately after the US presidential election bitcoin has reached two to three ATHs in one month and there are still more to come. And again with investors investing their money into bitcoin, it is definitely going to reach an ATH of $100k soon
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Board Speculation
Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
rimoeee
on 11/11/2024, 00:10:03 UTC
⭐ Merited by fillippone (1)
If you ignore those important ingredients which are having a good backup funds and good source of income before you becoming aggressive in your Bitcoin investment you will surely dip hands into your Bitcoin investment, so before you become aggressive in your Bitcoin accumulation you need to have a good source of income and a good backup funds.
Now when we talk about aggressive Bitcoin accumulation is in different ways one may choose to use more than half of his discretion income to accumulate Bitcoin weekly or monthly which is not the way he those before and the other person may choose to use all his discretion income to accumulate, now when you have a good backup funds and a good source of income you can cover up and it won't affect you but if you don't have them it will affect you and it may lead to you dipping hands into your Bitcoin investment.

It is important to have a backup fund so that the individual does not have to sell his Bitcoin investment in the event of an emergency. Moreover, many investors keep backup funds in their investments with the DCA strategy, essentially for buying in lump sump. When they face dumping periods in the market, they take the opportunity to buy more bitcoins with the backup funds at lower prices.
Yes it is important to have backup funds when investing in bitcoin, but that backup funds are not meant to be utilise for Lump summing or buy any fucking dip. The backup funds are specifically kept for solving future emergencies. Your investment is for a long time and in course of the years that you will be holding your bitcoin, you are going to experience some unplanned emergencies along the line. So it is because of those unforeseen emergencies that may occur that's the reason for keeping the backup funds.

If you use your backup funds for Lump sum buying, then you have exposed your investment to possible sale, because when you will be hit by emergency you won't have money to solve it, and at that time you will have no options than to sell your investment to settle the emergency. You can lump sum when you receive extra funding maybe from the sales of inheritance or when you receive funds from other business deals. But just know it that your backup funds is not meant for Lump sum buying or buying the dip.

It's actually not a problem if you end up having to sell your Bitcoin because of an emergency. I've done it before, and I have no regrets, although if I had held on I would have made a bigger profit.
if you have a reserve fund that can be used to back up emergencies. But sometimes when we have that kind of fund and see Bitcoin going down, we can't resist the urge to add some to our wallet. It's a human condition and is often experienced by investors.
That you sold your bitcoin because of an emergency doesn't make it the right thing to do. You sold your bitcoin for emergency because you neglected some of the things you needed to put in place after you started your bitcoin investment. Had you had an emergency funds in place there wouldn't have been any needs for you to sell of your bitcoin. You can say here that you don't have any regrets for doing that here, but deep down you actually regretted doing it. The right approach for a successful bitcoin holding for a long term, is to start building up your emergency funds and reserved funds along side your bitcoin accumulation. If you have your emergency funds in place, you can always take money from there and fix your emergencies without having to sell your bitcoin way too early or in a premature stage.
As a new investor, I have definitely learnt from this. I have always seen my investments as a way out during an emergency period or a way to sort out my emergency needs. Now I've learnt that an emergency fund is needed to take care of those emergencies. And my bitcoin investment should be totally separate from my emergency fund.
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Board Speculation
Re: I speculate bitcoin at $100k before end of the month.
by
rimoeee
on 10/11/2024, 20:40:07 UTC
This week is indeed a bull-run week for bitcoin and other altcoins. Within this week BTC has hit three ATH positions. Based on my own speculations, the probability of BTC reaching an all-time of 100k is high but it's just a probability right? My affirmative position is it would definitely reach 100k before the end of the year.
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Board Speculation
Re: Bull Or Bear Market which is most preferable to you?
by
rimoeee
on 10/11/2024, 11:52:59 UTC
Honestly for me my preference on either bull market or bear market depend on the coins and the given situation. For bitcoin, I definitely prefer the bear market because I'll get the opportunity to buy and it will be a period for easy investment because I don't have much in my portfolio. But for altcoins which I have made more investment in, I prefer the bull market because that's when i'll be able to make profits. But for people who have definitely accumulated both bitcoin and altcoins, they'll definitely prefer the bull market period.
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Board Altcoin Discussion
Re: Can ETH surpass BTC?
by
rimoeee
on 07/11/2024, 09:37:45 UTC
Ethereum still has a long way to go compared to bitcoin but I'm not just saying this based on the current price differences but also based on other factors. Bitcoin has been widely adopted by so many institutions unlike Ethereum, the investment rate is also higher for Bitcoin, but first of all Ethereum would have to surpass Bitcoin in total market cap for there to be a comparison at least.
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Board Altcoin Discussion
Re: When is Tomaket listing their Tokens?
by
rimoeee
on 07/11/2024, 08:57:27 UTC
First of all, there is no official date for the listing cause I have been checking their community channel and I haven't seen any specific date. The allocations looks quite fair to me but the price compared to those allocations will make it look like it wasn't worth it. Honestly I had to stake my tokens instead waiting for a date of listing to be announced.
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Board Speculation
Re: Trump to seemed to be winning, ATH soon?
by
rimoeee
on 07/11/2024, 08:51:00 UTC
I haven't opened the market for several days. And I was quite amazed to see the price of bitcoin which had made a new ATH for two days in a row. Yesterday Bitcoin managed to reach $75k usd. and today Bitcoin managed to reach $76k. Now bitcoin seems unstoppable. And yes, this seems to be the impact of Trump's advantage in voting.

If this continues then I think a price of $100k could happen next year. Well, this is encouraging news to see the market is so green at the moment.
people are bullish, they expect good regulatory outcome from the current result of election because people pictured trump as cryptocurrency supportive.

if the regulation is looking good in the next few months I guess there's small chance that bitcoin gonna go down again, which many people expect.

the impact is indeed so big toward the price of BTC honestly i didn't expect BTC to score new ATH literally twice Grin.

even at current price people are still bullish and want to buy more BTC, after all it's the asset of future.
I'm also bullish on this, BTC price reached an ATH of 75k and 76k within the span of three days.  The impact of the election results was indeed a very big positive impact based on the fact that people believe in Trumps policies.
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Board Speculation
Re: Bitcoin has reached $75,000+
by
rimoeee
on 07/11/2024, 08:28:15 UTC
Wow... Bitcoin price has reached $75,000+ and surpassed its previous ATH at $73,737.
And I am happy because I bet with some of my friends that in November Bitcoin price will reach 75K, and it turned out to be true and I will get $100 with a bet of 4 people just for fun. And besides those who bought at a high price around 65K-70K became motivated and became a signal that Bitcoin price after reaching its previous ATH will continue to increase although slowly but surely.

What do you think.
Around 2am today it also reached an ATH of 76k so congratulations on winning the bet. This is definitely a bull run market and it's a very fast one
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Board Off-topic (Naija)
Re: The struggle with internet connection
by
rimoeee
on 06/11/2024, 12:53:45 UTC
There's nothing that's reliable in this country lately. MTN is trying but you see Airtel, they can just seem to put off their network at any point in time leaving one stranded. That's why it's advisable to have more than one network source, If Airtel doesn't work, you change to MTN, I can't really recommend Glo because I feel they work only in selected area. Although I heard 9mobile is also good in network connection even if I haven't quite tried it myself. But the network can be really frustrating at times I won't lie especially during that End bad governance protest period, it was as if all the networks planned to work slowly.