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Crime / Re: Phone Thieves Caught In Port Harcourt, Beaten To Pulp by ItuExchange(m): 4:53am On Apr 28
chigoziri2403:
The main thieves are hiding in government house

So that is the reason why you need to continue stealing people's property (phones, generators, etc.), causing more pains, stress and anguish to innocents people?

1 Like

Politics / Population In 2100, As Projected By UN Population Division by ItuExchange(m): 7:41am On Apr 26
📁 Population in 2100, as projected by UN Population Division.

🇼🇳 India: 1,533 million
🇹🇳 China: 771 million
🇳🇬 Nigeria: 546 million
đŸ‡”đŸ‡° Pakistan: 487 million
đŸ‡šđŸ‡© Congo: 431 million
đŸ‡ș🇾 US: 394 million
đŸ‡ȘđŸ‡č Ethiopia: 323 million
đŸ‡źđŸ‡© Indonesia: 297 million
đŸ‡č🇿 Tanzania: 244 million
đŸ‡Ș🇬 Egypt: 205 million
đŸ‡§đŸ‡· Brazil: 185 million
đŸ‡”đŸ‡­ Philippines: 180 million
đŸ‡§đŸ‡© Bangladesh: 177 million
🇳đŸ‡Ș Niger: 166 million
đŸ‡žđŸ‡© Sudan: 142 million
🇩🇮 Angola: 133 million
đŸ‡ș🇬 Uganda: 132 million
đŸ‡ČđŸ‡œ Mexico: 116 million
🇰đŸ‡Ș Kenya: 113 million
đŸ‡·đŸ‡ș Russia: 112 million
đŸ‡źđŸ‡¶ Iraq: 111 million
đŸ‡ŠđŸ‡« Afghanistan: 110 million

@FinancialWorldUpdates
Foreign Affairs / Re: Jewish Population By Country by ItuExchange(m): 10:24am On Apr 21
RichDad1:
Where is the statistic for Igbo land. We be jew too na.

Cele n tan yin.

Celestial dey deceive you.

8 Likes

Business / Victor Matifo, Ede Ankeli, And Chuma Okoye – Our New NETELLER Vips by ItuExchange(m): 2:09am On Mar 22
Meet Our Latest NETELLER VIPs

Introduction
Every calendar year, we choose 2 customers to become our VIPs. They have permanently special status with us and they can fund/withdraw Neteller through us, at parallel market rates, whether they open brokerage accounts through us or not.

These are people who funded with the highest amount of Neteller, and who also withdrew the highest amount of Neteller through us. They would be announced in early part each year and added to our list of VIPs. Their status is permanent.

Our Latest NETELLER VIPs
Victor Matifo: Matifo is an avid buyer and seller of NETELLER. He buys and sells constantly, being a trader who makes profits, cashes out and trades more. We appreciate him for his patronage.

Ede S. Ankeli: He is also a constant buyer and seller of NETELLER. This is someone who likes to make profits and then buys more to make more profits. We are happy to have added him to our list of NETELLER VIPs.

Okoye Chuma: Mr. Okoye is a big buyer, who also doubles as a big seller of NETELLER. He transacts in large quantities. He’s been with us for a long time. Thus, he has become our VIP and he now has the power to buy from us at cheaper rates and also withdraw through us at higher rates than are displayed on our website.

NB: We now have 32 Neteller VIPs in the house. And we will announce more of them next year. Would you be among our next new Neteller VIPs?
Investment / Progress Is Infinite by ItuExchange(m): 11:37am On Jan 12
The premise is simple


All progress, theoretical and practical, has resulted from one single thing: good explanations.

Progress, says Deutsch, is not just about accumulating more facts or data; it's about developing better explanations that help us understand the world more profoundly and act more effectively within it.

In this way, he says, progress is virtually infinite.

There is no limit to the improvement of explanations. As our understandings deepen, it leads to new questions, new challenges, and new realms for exploration.

Since there’s always new things to understand, there’s always room for improvement.

Personally, I think this is where AI is going to shine the most. It’s going to help us articulate the unarticulated faster than ever before in history.

It’s also going to accelerate the “happy accidents” and synchronicities that sometimes lead to insane breakthroughs.

BUT, the caveat here is that progress is unpredictable. And AI probably won’t make things more predictable, especially not in the short run.

Probably the opposite.” – Chris C
Technology Market / AI Is Already Changing The World by ItuExchange(m): 5:54am On Dec 25, 2023
Google used AI to optimize energy usage in its data centers, reducing cooling energy consumption by up to 40%.

40%!

Companies like John Deere and Blue River Technology use AI for precision farming, allowing farmers to apply the exact amount of water and fertilizers needed, thereby increasing yield and reducing waste.

How much of an increase in yields could this garner, you ask? 20-30%, a massive improvement over traditional farming techniques which saw only gradual improvements over decades.

Also


Research reveals AI-based algorithms in the auto manufacturing sector can lead to more than an estimated 20% increase in equipment availability, up to 25% lower inspection costs, and up to 10% lower total annual maintenance costs.

This improvement is largely due to AI's ability to predict equipment failures and optimize maintenance planning.

(Siemens uses AI for predictive maintenance and to optimize production processes. General Electric uses AI to predict maintenance needs in its jet engines.)

In quality inspection processes, AI-based machines can detect defects up to 90% more accurately than humans. This not only improves the product quality but also operational efficiency.

What about supply chains?

AI is estimated to be able to reduce forecasting errors by 30 to 50% and overall inventories by 20 to 50%. This results in cost savings by eliminating the transport, warehousing, and administration of unneeded goods.

In areas like IT and finance, AI can automate tasks leading to an automation rate of approximately 30%. In specific cases like IT service-desk automation, a degree of automation of around 90% is possible. (!)

AI is widely used in telemedicine platforms for remote diagnosis and monitoring. For example, platforms like Babylon Health use AI for initial medical consultations.

Of course, companies like Tesla and Waymo have developed autonomous vehicles that are already on the roads, optimizing routes and fuel efficiency.

IBM's AI-powered system helps predict cloud movement to optimize solar energy harvesting.

Streaming services like Netflix and YouTube use AI to adjust video quality in real-time based on the user's internet bandwidth, optimizing data usage.

All of this is a perfect example of ephemeralization.

And this trend with AI is JUST BEGINNING. – Chris C
Investment / Crypto Is Here To Stay by ItuExchange(m): 11:17am On Jul 06, 2023
Still Here to Stay

In short


If you’ve been in crypto long enough, you’ve survived flash crashes, exploits, explosions, implosions, hackers, phishers, worms, bugs, bank runs, and the like.

Crypto is one of the most incredible industries for accelerated evolution and experimentation. But it also means that failures and explosions will happen. And more quickly, too.

By pushing risk to the edges, DeFi aims to solve many of the systemic risks of traditional finance, which is perpetually one bank run away from collapse.

And though there’s no shortage of talking heads dancing on its grave today


Crypto’s still here to stay.” – Chris C.
Foreign Affairs / Why Russia Invaded Ukraine (CONFIDENTIAL) by ItuExchange(m): 11:39am On Jun 09, 2023
Geoeconomics – great power competition using economics as a goal and a weapon – is an excellent tool for analyzing the two critical hotspots in the world today. These are Russia’s role in Ukraine and China’s threat to Taiwan.

The Western narrative that Putin is the bad guy bent on conquering Ukraine is false. Putin had warned the West about not pushing its advantage in Ukraine for over 20 years. While Putin was amenable to NATO expansion, he always drew the line at Lithuania, Ukraine and Georgia. In 2004, NATO crossed Russia’s red line by admitting Lithuania to membership, but there was little Putin could do to stop it.

The 2008 nomination of Ukraine to NATO was an unforced error. Putin had been content to leave Ukraine as a neutral buffer state. The West was not and pushed Putin too hard. Now Putin has pushed back.

Why is Ukraine so important to Russia?

A quick glance at a map shows that Ukraine in NATO or even a pro-Western Ukraine is an existential threat to Moscow. The line from Estonia in the north to Ukraine in the south forms the letter “C” that encircles Moscow from the north, west and south.

Parts of Ukraine actually lie east of Moscow, opening that region to attack from the west, something that has not happened since the Mongol Empire of Genghis Khan in the 13th century. If Ukraine will not become neutral, then Putin must control it, at least the eastern half, by force if necessary.

This has obviously happened.

But conquering Ukraine was not and is not Putin’s main goal. What he wanted the whole time was a Ukraine that would not join NATO, neutrality in the Ukrainian government and full operation of the Nord Stream 2 natural gas pipeline from Russia to Germany under the Baltic Sea (too bad the U.S. blew it up!).

If Putin could have gotten all or most of that through negotiations, there was no reason to invade Ukraine. The threat to do so will have served its purpose.

That outcome would have been a perfect illustration of Luttwak’s geoeconomics definition. The goals were commercial (dependence of Western Europe on Russian natural gas), and the tools were commercial (pipelines) even though the players were sovereign states (Russia and the U.S.).

The U.S. has imposed severe economic sanctions on Russia for invading Ukraine. But these sanctions have had little impact on Russia, as I predicted before the war. Sanctions were imposed on Russia after the 2014 annexation of Crimea and have had no material impact on Russian behavior.

Before the war, Russia already moved over 20% of its reserves into physical gold bullion stored in Moscow. This gold is worth about $140 billion at current market prices. Because the gold is physical, not digital, it cannot be hacked, frozen or seized.

Importantly, U.S. sanctions have not affected exports of Russian oil or natural gas. Russia provides about 10% of all the oil produced in the world. It’s simply impossible to sanction Russian oil sales.

We still hope that Russia and the U.S. avoid direct armed conflict in Ukraine, although they keep climbing the escalation ladder.. Energy prices will probably go higher, which helps Russia. The losers are Ukraine and global energy users.

The second critical hotspot today is the potential for a Chinese invasion of Taiwan. Will it happen? The case against such a war is basically in the scenarios described above.

Events would likely escalate and spin out of control, resulting in a large-scale conflict. Gains are possible for China, especially if the U.S. does not come to the aid of Taiwan. Still, the risks are too high, and the costs are too great. Instead of an invasion, China could continue its rhetoric and its military readiness, but otherwise bide its time.

This is where Luttwak’s definition of geoeconomics casts a new light. In a pre-globalized world, China might well attack. In the post-globalized world, China might refrain militarily while continuing its progress in technology, natural resources and value-added manufacturing. This path requires cooperation, not confrontation, with the U.S. and Western Europe.

My estimate is that China will refrain from an invasion consistent with the geoeconomic thesis. At the same time, Xi Jinping will continue threats and economic confrontation with the West.

Investors should expect the following from this unstable confrontation: The U.S. and China will continue to decouple economically. Supply chain disruptions will grow worse before they get better. A new supply chain configuration will emerge involving more onshoring and shorter transportation lanes.

China’s growth will lag and it will be unable to make the technological leaps it needs to escape the middle-income trap and become a high-income developed economy. Over time, excessive debt and adverse demographics will overtake China’s ambitions and leave it an aging and low-productivity shell.

China’s economic problems will sustain its demand for energy and put a floor under energy prices. Manufacturing costs will rise as China’s labor pool evaporates. Investors should not rule out a financial crisis in China that would spread to a global collapse in capital markets, probably worse than those of 2008 and 2020.

But geopolitical tensions will disrupt global supply chains, which will result in higher input prices and transportation costs. That’s a receipt for sustained inflation, and higher interest rates. And any form of uncertainty is a plus for the one safe-haven investment that never fails — gold.

While Americans are preoccupied with balloons and other stories that are mostly for show, more serious thinkers are applying themselves to oil, natural gas, gold, the dollar, technology and other geoeconomic benchmarks.

Regards,

Jim Rickards

1 Like

Investment / Our Signals Strategies For Trading And Investing – Part 1 by ItuExchange(m): 5:32pm On May 18, 2023
NB: In the 5-part articles in this series, we would explain the strategies used to trade Forex, stocks, indices, crypto pairs, and other cryptocurrencies, for our VIP followers, because they are interested in making profits with us.

Seun A. is one of our signals strategists in the VIP Group. His strategy is described below.

Seun A’s Strategy:
As a day trader, I trade mainly the short-term swings of the market either to the up or down as the price presents itself during the New York A.M. session.

I trade indices so I intentionally allow any high-impact news at 1:30 pm Nigerian time for the day if there is any to play out and wait it out till the New York exchange opens equities at 2:30 pm Nigerian time.

As soon as the 2:30 PM time strikes, I compare the London session high and low of the day in order to make a decision on which short-term high or low I should ride with the price to tag.

However, I base my decision on what the daily candle is showing me to likely expand to judging from whatever the previous daily has done.

If the current daily candle shows a willingness to move up, then I enter a buy position during a temporary retracement down at 61.8% retracement level on the Fibonacci tool and target the London session high as the short-term swing high.

At this point, if the price is climbing up with more momentum, then I'll target the previous day high if it has not been tagged yet during the London session of the same day. And vice versa for a Sell setup.

My risk control is dependent on the short-term retracement on the Fibonacci tool when my entry decision has been made. I usually put my Stop Loss at the price level which tallies with the 0% level of the Fibonacci tool.
Investment / Our New NETELLER Vips: Soile Adekunle, Olufemi Omoare, And Alex Abalaka by ItuExchange(m): 12:01pm On Apr 20, 2023
Hello Traders:

Every year we choose a few people among our customers to become our NETELLER VIPs. They are among the customers that have bought the highest quantities of Neteller from us and/or sold highest quantities to us. Some of them did not buy or sell highest quantities, but they were so consistent in their transactions and also persistent, that they eventually qualify.

Our NETELLER VIP status is a permanent status.

Our latest Neteller VIPs
ONE
Olufemi Omoare Olusola: Olufemi came to our office in the year 2016 to make sure that we were not a group of 419 scammers, before he started doing transactions with us. He came to our office after then, and also sent people. He has been doing transactions with us online since then (Neteller only). He buys and sells Neteller.

TWO
Alex Abalaka Edwin.: He sent his brother to our office, about 6 years ago, to verify us, before he sold Neteller to us in the presence of his brother. We connected via Skype video, and he sent Neteller as his brother was with us, witnessing the transaction. He doesn’t buy Neteller – he only sells. He is a huge quantity seller.

THREE
Soile Adekunle Oladipo: Our Ibadan-based customer. He does not only do Neteller, but he also does other e-currencies like Perfect Money, etc. He is someone that likes to remind us of his rights as a customer. And he is correct; customers are always right. We are happy to announce him as our VIP, owing to his consistency.
Business / The End Of Dollar Domination by ItuExchange(m): 3:42pm On Mar 31, 2023
The U.S. occupies a special place in the global economy. We hold the world’s reserve currency. The dollar dominates because the dollar denominates.

Everybody accepts U.S. dollars; everyone wants U.S. dollars. This gives the U.S. many advantages like lowered exchange rate risk and increased buying power, but this won’t last forever.

Historically, one country has held the dominant reserve currency for about 100 years (give or take 20 years). Although the U.S. was formally declared the reserve currency after World War II, it was informally used as the reserve currency since the 1920s after World War I.

That’s 100 years...

Again, these things don’t happen overnight. It’s a slow-moving transition that’s obvious only after a few decades have passed, but I think the days of the U.S. dollar as the world’s reserve currency are coming to an end.

This shouldn't be cause for fear or alarm as we're resilient. We'll tiptoe through these troubled times, and we'll emerge stronger as a result.

What’s more, I think we can do better.

The positive aspect of holding the world reserve currency is that the U.S. has been able to help provide stability and confidence in the financial system.

The negative aspect is that it concentrates power and influence in the U.S., sometimes at the expense of smaller and weaker nations.

Moreover, when the U.S. financial system looks shaky (as it has the past few days), it causes reverberations throughout the world.

I believe we’ll look back on the days of reserve currencies as a kind of “financial colonialism,” where one country had outsized power to exercise its will on smaller, weaker nations. I suspect we'll be ashamed of this period of U.S. history. We may even try to make reparations, but that day is likely far into the future.

Of one thing we can be sure... The days of the U.S. dollar's dominance will eventually come to an end. History shows us it's not a question of if, but when.

When the U.S. dollar is dethroned, what will replace it?” - John Hargrave
Investment / When You Pay Crypto Taxes And When You Don’t by ItuExchange(m): 12:10pm On Mar 17, 2023
Crypto Tax Principles
“While crypto taxes can be complicated, the key principles are not. Fix these ideas in your head:

These are taxable events:
Selling crypto.
Trading crypto.
Buying stuff with crypto.
Receiving crypto from airdrops, hard forks, staking rewards, and the like.

These are not taxable events:
Buying crypto.
Donating crypto to a tax-exempt organization.
Gifting cryptocurrency (though large gifts may trigger a gift tax)
Transferring crypto from one account to another.” - John Hargrave
Investment / The Five-year Crypto Plan by ItuExchange(m): 8:22am On Feb 24, 2023
The Five-Year Crypto Plan

It goes without saying that understanding blockchain is incredibly complicated. As comedian John Oliver put it, “Cryptocurrency combines everything you don’t understand about money, with everything you don’t understand about computers.”

For most people, it's good enough to understand things at a high level.

Of course, there’s lots of money to be made from understanding all of the tiny details and the opportunities they create.

But unless you’re a software developer working on blockchain full-time, chances are slim that you’ll get to this level of complexity.

Fortunately, blockchain is so intimidating and complex, that most people don’t understand it even at a high level. This creates an opportunity to make money that 99% of people aren’t even aware of.

One of the biggest opportunities coming in the next 5 years will be staking.” –

“Safe and Simple Strategy.

Here’s the harsh truth.

When most people calculate their returns after a year of trading


They discover they would’ve done much better just to buy Bitcoin and Ethereum and do nothing.

The wisest strategy for most people is to just allocate:

50% to Bitcoin

50% to Ethereum.” – James A.
Agriculture / Why A Hen Lays Eggs Without Mating by ItuExchange(m): 1:55pm On Feb 02, 2023
How does a hen lay eggs without mating?

You understand (I hope) that human women ovulate once (at least) every month, whether they are having sex or not, right? And that ovulation means ‘releasing an egg’ (which in humans is a tiny single cell)? A human egg cell is shed out along with the uterine lining, in a process called ‘menstruation’. UNLESS it is fertilized by ‘mating’, in which case it stays inside the woman’s uterus, and begins to replicate (or divide and grow).

Well chickens ovulate about every DAY, and they just drop that egg on the ground, or in a nest wherever they are. It is a big egg with a shell - but it is still just an unfertilized egg being released from a chicken’s ovaries, but chickens don’t HAVE a uterus, instead, they produce eggs out into the world, and if they have never met a rooster, those eggs are not fertilized, and will never become a chick.

If the hen mates with a rooster, however, her eggs may be fertilized, in which case she STILL drops that egg on the ground or in a nest, where she can sit on it for a month or so (I should look that up) while the yolk inside the shell - being fertlized - divides and grows into a chick, which eventually hatches.

Source: Quora

1 Like

Nairaland / General / Don’t Do These Again Once You Reach Age 30 by ItuExchange(m): 1:42pm On Feb 02, 2023
By age 30, you should be smart enough to never do this in your life:

1. Don't share everything
It's important to maintain some privacy, even with close friends and family.

2. Don't rely solely on your 9-5
Having multiple streams of income is a smart financial strategy. Don't put all your eggs in one basket.

3. Don't neglect your health
Take care of your body by eating well, exercising regularly, and getting enough sleep. Remember, you only have one body.

4. Don't do what your friends do
If your friends' activities (such as using drugs or drinking excessively) don't align with your values, it's okay to choose different activities.

5. Don't just blame your parents
It's important to take responsibility for your own life and not blame your parents for everything.

6. Don't wait for the "right time"
The right time to take action is now. Don't let your ambitions remain a dream.

7. Don't take criticism personally
Try not to get too caught up in what others think of you. Remember to prioritize your mental health.

8. Don't take advice from everyone
Be selective about who you take advice from. Look for guidance from people who have achieved what you want to achieve.

9. Don't blindly follow books
Books can be helpful, but it's important to think for yourself and not blindly follow their advice.

10. Don't try to impress others
Focus on impressing yourself and let the right people be drawn to you. Don't go broke trying to impress others.

11. Don't depend on others
It's important to be self-sufficient and capable of tackling your own problems.

12. Don't lie to yourself
It's important to be honest with yourself. People may believe your excuses, but you won't be able to fool yourself.

13. Don't wait for opportunities
Create your own opportunities. Don't wait for them to come to you.

14. Don't argue with people
Don't waste your time trying to win arguments or prove a point to those who are unwilling to listen.

15. Don't fear rejection
Rejection is a normal part of life. Remember that "no" is just the start of a constructive conversation.

Author: Sheikh Irfan, Quora

569 Likes 76 Shares

Investment / The 10 Commandments Of Crypto Investing by ItuExchange(m): 1:48pm On Jan 16, 2023
I’m not a financial adviser, so I can’t tell you what to do. I can only tell you what I do in the form of these ten guidelines:

1. Keep working the day job.

2. Auto-invest money each month.

3. Stay focused on simple strategies.

4. Set it and forget it (avoid fees and taxes).

5. Look for opportunities in times of crisis.

6. Say “no” to most investments and “yes” to a few big ones.

7. Talk with smart people to improve your ideas (preferably in person).

8. Be confident, but humble (have the strength of your convictions while staying open to being wrong).

9. Educate yourself to Read and Grow Rich.

10. Give back both in money and in what you’ve learned.

This is the middle way: not too conservative and not too cuckoo. It’s a path we can all follow.” – BMJ
Technology Market / Why Did CDMA Technology Fail In Nigeria? by ItuExchange(m): 3:38am On Dec 30, 2022
Telecoms services that used CDMA technology didn’t last, or eventually failed, in Nigeria.

E.g., Starcomms, Reitel, Multilinks and Visafone.

Why is it so?

Whereas telecoms companies that use GSM technology survive and thrive to this day.

E.g., MTN, Airtel, Glo and 9Mobile

Why did CDMA technology/services fail in Nigeria while GSM technology/services survive/thrive?
Foreign Affairs / The War In Ukraine Poses Risk Of Nuclear Confrontation by ItuExchange(m): 1:32pm On Dec 13, 2022
The Greatest Risk of Nuclear Confrontation Since the Cuban Missile Crisis


Depending on how events unfold, the world is potentially facing the greatest risk of nuclear confrontation since the Cuban Missile Crisis. A limited nuclear war is a real possibility in the not-distant future


Putin Doesn’t Bluff
It’s difficult to know what comes next. It could be that Russia uses a tactical nuclear weapon. Russia might detonate a dirty bomb and blame Ukraine. The U.S. may use a tactical nuclear weapon if it suspects Russia is about to do so, an example of a first-strike advantage. The U.S. may detonate a dirty bomb and blame Russia in a classic false flag operation.

Regardless, it’s not difficult to know that we’re on a path to nuclear war.

We also know that Putin doesn’t bluff. When George W. Bush raised the issue of Ukrainian entry into NATO, Putin invaded Georgia. When Obama staged a coup against a pro-Russian president in Kyiv, Putin annexed Crimea. When Biden green-lighted a Ukrainian assault in Donbas, Putin invaded Ukraine.

Again, Putin doesn’t bluff. It would be a great blunder to believe otherwise. We’re sleepwalking down a road that could potentially lead to Armageddon.

Regards,

Jim Rickards
For Altucher Confidential
Business / When Your Strategy Undergoes The Baptism Of Fire by ItuExchange(m): 11:33am On Nov 23, 2022
“One way to make more money investing is to have good habits. But another is to simply get rid of bad habits
. Bad habits need to turn into Good habits over time in order to become a successful long-term investor.” – James A.

You can see the attached image
 The kind of scenario in the Daily chart is no longer a rare occurrence in the markets if you have been in the market for years.

And you can see James Altucher’s quote above.

We often tell professional traders to use stop loss and cut their losses: But they won’t listen.

We always tell pro traders not to use big lot sizes per trade and not to overtrade. Even 0.1 lots are too risky for 1000 USD: But they won’t comply.

We tend to beg trading gurus to test their trading idea for at least 4 months or better, for up to one year or more, so that they can see how their trading idea can withstand all market conditions (including black swan events): But they will never obey. NEVER!

Why would you trade a demo for only one or two weeks and then go live? Why would you use your live accounts as a guinea pig project?

Your strategy will occasionally undergo the baptism of fire and 95% of floored. Can your strategy survive adverse market conditions?

I have seen a trader being moved from one prison to another, because of losing clients' money. After he came from prison, his trading habits show the same thing that led him to jail in the first place.

I have seen traders with many years of experience, still blowing accounts, because they tend to trade the way they did in the past, owing to undisciplined psychology. Give them another chance again? They will blow the accounts again.

Some are heavily in debt because of stubbornness.

Pros who have destroyed numerous accounts over the years would be seen begging people here and there, for funds to manage money. And if you ever give them any chance again, they will blow the new funds.

Most experienced traders have mental problems.

Why would you keep on doing what is putting you into problems? And plunging into deeper debts.

Your trading results show that something is wrong with your brain, and you need to find solutions before it is too late. The markets can ruin one’s life if one proves too stubborn.

As for me, I am a trading idiot.

I am a certified, pathetic, and intercontinental idiot.

This is the reason why I don’t risk too much per trade
 My position sizing is very conservative and that has worked well for me. I don’t blow accounts.

Because of my stupidity, I tend to test a new strategy for at least one year, and I have seen how my super strategy can withstand all market conditions and I am happy.

I don’t argue with the markets or rely on hope. I know the market is opaque and the next movement cannot be predicted.

Since I am a compound fool, a universal fool, I use optimal stop loss always and I even cut some losses before the stop is hit. I let my profits run.

My foolishness has enabled me to reach financial freedom because I have a strategy that can withstand all market conditions (developed from over 15 years of experience). It can make money in all market conditions. The strategy is the simplest strategy I have ever seen because even a slowpoke like me can trade it (and a monkey can trade it). It suffers minimal drawdowns in adverse markets and bounces back quickly.

I not only survive the kind of market condition in the image above, but I also jump back quickly and make money within a short time, owing to my stupidity.

And on the other hand, wise, intelligent, and sensible traders are blowing accounts.

Doing the right things pays (cut your loss and risk very small), and permanent success is possible.

Make money in bull markets, bear markets, sideways markets, and during unusual, unexpected events.

I am a living witness.

Kind regards.

Business / Why Is Tether (USDT) So Popular? by ItuExchange(m): 11:53am On Nov 08, 2022
Hello Traders:

Why is USDT so popular?

It is the most popular stablecoin and the largest-cap stablecoin in existence. 68,977,092,527 USDT is currently in circulation.

There are certain types of USDT, but the most popular and the most widely used is TRC20, followed by ERC20.

At least, 90% of online trading brokers now accept USDT for deposits and withdrawals, and the adoption rate is projected to increase further. So, you can use it to fund your trading account and trade for profits.

You can use it to pay people or receive payment.

You can use it as a bulwark against crazy fluctuations in the markets. If BTC or ETH or TRX crashes, USDT will not.

Having USDT is like having US Dollar because they have the same value and USDT is pegged to USD.

You can use it as a store of value.

You can convert it to any cryptocurrency offered by your exchange, and you can convert any available cryptocurrency to it. So, if you need any crypto, buy USDT and convert it to that crypto. If you want to withdraw any coins, covert them to USDT and sell for money!

You can trade it versus many other popular currencies, as pairs. You can use any trading styles you want.

You can also trade it versus other popular coins. We have ETHUSDT, BTCUSDT, TRXUSDT, BNBUSDT, ADAUSDT, DOGEUSDT, SOLUSDT, etc.

The uses for Tether – USDT – are so versatile that it is now more popular than Perfect Money, Neteller, Webmoney, Skrill and PayPal (who imposes obnoxious restrictions on people).

And this is just the beginning.

Therefore, open a crypto wallet and buy USDT today.
Politics / What Will Happen If Peter Obi Doesn’t Win The Next Presidential Elections? by ItuExchange(m): 1:04pm On Oct 26, 2022
As it is now, anybody who publicly or stylishly shows or drums support for any other presidential candidates apart from Peter Obi, is in trouble, for Peter Obi supporters will curse them, abuse them, threaten them and blackmail them.

Assuming Peter Obi doesn’t win the coming presidential elections, what would happen?

Would Peter Obi supporters burn down Nigeria because of that?

Would the Eastern part of Nigeria secede because of that?

Would there be perennial unrest and anarchy if Peter Ob doesn’t win?

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Crime / What If I Sent Some Crypto To Scammers? by ItuExchange(m): 9:15am On Oct 18, 2022
“Illusions are something pleasant. The disadvantage is that they tend to burst like a bubble.” – Wolfgang Kurz

There are many Internet fraudsters and scammers out there whose primary aim is to turn you into a dupe. They will do everything possible to convince you that their claims are genuine. This includes fake websites and/or fake groups, doctored results, phony testimonies from their fellow swindlers who are members of their criminal networks, and dogged persuasion.

What is their ultimate aim? It is to take money from you and never return it and never deliver on the promises they made to you in the first place. And even if possible, they want to take more money from you.
What If I Sent Some Crypto To Scammers?They impersonate people and pretend to be reputable and authentic. You may never know their true color until you fall into their trap. Once you have fallen into their trap, you will then know what they’re up to, but it would be too late then.

In most cases, they will never ask you to send funds via traditional payments systems, because, with traditional payment methods, recipients are easy to trace and possibly arrested. They will usually ask you to send funds via any popular coins/tokens or stablecoins.

Some Ways To Identify Scammers
Unbelievable promises: If something seems unbelievable to you, then it is. Scammers will give you guarantees like:

“We can never lose money”

“Once you send money to us, we give you double or triple it soon.”

We will give you so and so percentage returns every day or every week.” Etc.

Statements like above are a red flag.

Giving guarantees is unethical and it is a very simple way to identify a scammer. Sadly, giving guarantees is a proven method to trick greedy souls, who like to reap where they did not sow.

No-one wakes up in the morning and says, “I want to make so-and-so person rich today.” If they can really double funds every day, they should be able to do so for themselves and their family members. You know that if they can really never lose money, they should be among the richest people on earth and they need not persuade small fries like you. They don’t even need to beg strangers for money if it is true that they have the secret to make money out of nothing.

What If I Sent Some Crypto To Scammers?They direct message you first (DM) or private message you first (PM): The rule here is very straightforward; anybody who DMs or PMs you first is a thief looking for potential victims like you, no matter the kind of impression they are trying to make or what they want you to believe. They appear so friendly, and can even exercise enough patience with you until you fall into their traps.

They offer you free tokens via airdrops: That formula is simple, when online robbers are offering you free coins via airdrops, they will require you to send crypto/money before you can benefit or you need to reveal sensitive details about your crypto wallets before you can benefit.

Learn2.Trade (L2T) impersonators: Don’t join L2T impersonators’ groups. This is a WARNING! Traders, note that we never speak to any of our subscribers via Telegram. Only the official Learn2.trade email is how we deal with communication. If you are speaking to anyone pretending to be from Learn 2 Trade on Telegram it is a scam and do not send them any money!

There are many FAKE TELEGRAM ACCOUNTS pretending to represent Learn2.Trade. It has come to our attention that some persons/organizations are offering profit-based investment schemes, pretending to be our company. They are using our logo to contact subscribers in order to scam them. Please DO NOT invest. You must report this telegram group for wrongful actions immediately.

Please be aware we do not offer any communication or admin support via telegram. We are available via email only at support@learn2.trade. Any supposed L2T employee or admin who communicates with you via a Telegram ID/handle or any other medium apart from the email in this paragraph, is trying to steal your money.
What If I Sent Some Crypto To Scammers?To put it in a simple way, if anyone who claims to come from L2T communicates with you via any other means apart from support@learn2.trade (the only legitimate means), the person is a bandit.

What If I Sent Some Crypto To Scammers?
“Unfortunately, if you’ve sent crypto, it’s likely gone for good, never to be recovered. At this point, because of the worldwide nature of cryptocurrency, there is no central authority that can help you recover your crypto. Make sure that whatever price you paid becomes tuition in the school of crypto life. You’ve learned a hard lesson. Print a certificate or do whatever you need to do to help you move on, but ultimately learn from the experience and move on. Trying to recover what you sent is a battle you will likely waste more time, energy, and maybe money on with NOTHING to show for it in the end.” (Source: Airdrops Blog)

Source: https://learn2.trade/what-if-i-sent-some-crypto-to-scammers?fbclid=IwAR05wSjypyI-oBwLXSfKmzIpIiTzbQZrgNlmnfrpphNiioGIPwks-JLC1m4
Celebrities / What If Ayinla Omowura Had Killed Bayewunmi Instead? by ItuExchange(m): 4:10pm On Oct 08, 2022
Some people know how Ayinla Omowura was killed. Bayewunmi smashed a tumbler on his head.

Ayinla was very popular then and he had a lot of connections.

He was once a thug
 Especially before he started his music career.

And after he became a successful musician, he was still known for being, “sometimes, but not always” temperamental, jealous and stubborn.

As he had gone to Bayewunmi and a fight ensued, what if he was the one that “accidentally” killed Bayewunmi?

Would he have been sent to jail? Would he have been acquitted or just fined? Would the matter have been buried?

Just because Ayinla was popular and he had money?

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