Everyone here has gone through losses in one way or the other. My portfolio is down to nothing, but I still know I'll recover most of them.
But I don't go about attacking others because of their opinion. But if you decide to attack me because you don't like my opinion, the joke is on you. I don't feed anyone and no one feeds me too.

Bitcoin price fell below $21 thousand after the speech of the head of the Federal Reserve

Bitcoin fell to $20.8 thousand for the first time since August 20. Bitcoin is trading at $20,900, it has fallen in price by 3.4% over the past 24 hours.

The decline in the price of Bitcoin was accelerated after a speech by U.S. Federal Reserve (Fed) Chairman Jerome Powell. During the annual symposium in Jackson Hole, Powell said that the regulator will continue to raise interest rates to fight inflation.

“While higher interest rates and worsening labor market conditions will reduce inflation, they will also hurt households and businesses. These are the unpleasant costs of lower inflation. But failure to restore price stability will mean much more pain,” the Fed chief said during his speech.

As a result, U.S. stock indices fell sharply. The S&P 500 Index was down 1.69% in the moment and the NASDAQ Composite was down 2.12%. The Dow Jones index was down 1.32%.

https://altcoin.ng/bitcoin-price-fell-below-21-thousand-after-the-speech-of-the-head-of-the-federal-reserve/

altcoinng:
Bitcoin price fell below $21 thousand after the speech of the head of the Federal Reserve

Bitcoin fell to $20.8 thousand for the first time since August 20. Bitcoin is trading at $20,900, it has fallen in price by 3.4% over the past 24 hours.

The decline in the price of Bitcoin was accelerated after a speech by U.S. Federal Reserve (Fed) Chairman Jerome Powell. During the annual symposium in Jackson Hole, Powell said that the regulator will continue to raise interest rates to fight inflation.

“While higher interest rates and worsening labor market conditions will reduce inflation, they will also hurt households and businesses. These are the unpleasant costs of lower inflation. But failure to restore price stability will mean much more pain,” the Fed chief said during his speech.

As a result, U.S. stock indices fell sharply. The S&P 500 Index was down 1.69% in the moment and the NASDAQ Composite was down 2.12%. The Dow Jones index was down 1.32%.

https://altcoin.ng/bitcoin-price-fell-below-21-thousand-after-the-speech-of-the-head-of-the-federal-reserve/

Thanks for the info...This is what the thread was created for...not all these childish tantrums of online billionaires acting excited over stupid things...

Dogecoin developer rejects $14 million offer to promote Dogechain crypto project

Billy Marcus’ refusal to accept a large fee for promoting a project with a similar “doggy theme” deserves deep respect from the cryptocurrency community, one of the Dogecoin co-founder’s followers, nicknamed Vee, wrote on Twitter.

According to Vee’s observations, many influential Dogecoin supporters betray the community by getting paid to advertise other projects to “fulfill their self-serving goals”: buying houses, cars, luxury watches, and other luxury items.

As Vee wrote, Billy Marcus is DOGE’s most valuable supporter. He’s cooler than all the Dogecoin Influencers put together because he “has their backs” while he can’t afford to buy a house himself.

Marcus commented on Vee’s tweet, writing that the DOGE community cannot be protected from such situations and it is hard to change influencers from betraying the community for personal gain. He acknowledged that the vast majority of people in the cryptocurrency space are driven by excitement and are only focused on making money.

https://altcoin.ng/dogecoin-developer-rejects-14-million-offer-to-promote-dogechain-crypto-project/

See volume

Titanium001:
Is it that there are no jobs in your area, even if na laborer work?
I analyzed the whole thing and saw that security guard jobs are advertised less than 100m away from each other on every street.
Just curious tho

Stranger on nairaland?

Next month will be bloody
Omo Crypto no be your mate oooo

Ibime:


It's a bear market rally. I expected everything to rally over earnings reports in the break between inflation print. Then start to sell off next week just before Fed meeting end of July

After Fed meeting, we should still see a summer rally in August because Fed is taking break till September.

August rally is over. Back to bear after Powell speech today and with CPI print due in 2 weeks, most investors will be risk off. Powell made it clear we will have at least a year of expensive money with his interest rate policy

Bye Crypto, it was nice knowing u

randy01:
Please anyone know firm that recruit or fund traders ?

There's also TraderWagon on Binance.

Binance now has paper/demo trading.

For those who want to practice futures.

Tears in my eyes, bye crypto, it was nice knowing u...till we meet again

Hadizometer:
Tears in my eyes, bye crypto, it was nice knowing u...till we meet again

Who send u

September never reach, and BTC don hit $19500
Wahala dey ooooo

Hadizometer:
Tears in my eyes, bye crypto, it was nice knowing u...till we meet again

As you dey wave good bye, na so Binance dey welcome new user.. You are just taking a break but you don't know it, and trust me you will come back better. In this journey, the break is needed. Voluntarily or involuntarily, the break will come to you

Born2conquer:

I am waiting for 18k

Crypto market taught is patience

XaToXi:
Binance now has paper/demo trading.

For those who want to practice futures.

Nice one.. Guys take advantage of this.. Instead of squandering your hard earn money on Bet9ja, you can come here and gamble for free, and you learn as well

Result of my 'guess work' .

Hadizometer:
Tears in my eyes, bye crypto, it was nice knowing u...till we meet again

The market is not dead. If btc breaks 18k, Target some altcoins and wait anywhere between 3-5 weeks from then, that is when the next good buying opportunity will appear. Coins below 1 dollar will easily give 30 percent or more if you buy around this period. I said 3-5 weeks because the trend theory, according to Al Brooks is that the market will make a pullback after 3-5 bars. I tested this theory by observing btc previous crashes and blucora's crash in 2000. The theory holds true so long as the asset does not suffer a luna-like collapse.

XaToXi:


There's also TraderWagon on Binance.

Thank you so much bro.i appreciate

But I can't find this trader wagon or I need to upgrade my binance

randy01:


Thank you so much bro.i appreciate

But I can't find this trader wagon or I need to upgrade my binance

Bro, check this link: https://www.traderwagon.com/en/oauth-login.

randy01:


Thank you so much bro.i appreciate

But I can't find this trader wagon or I need to upgrade my binance

It's under Leaderboard in Binance.

If you are feeling adventurous, you can also try the app in the 3rd pic.

Hadizometer:
Bye Crypto, it was nice knowing u

Not be small thing.

Hadizometer:
Tears in my eyes, bye crypto, it was nice knowing u...till we meet again

XaToXi:
Binance now has paper/demo trading.

For those who want to practice futures.

E go still burn... Make Dem just rest
Make mock trading no go give person hope oh...it's simulated environment

Na when real money come into play you go know say person never learn anything

Khayceeofficial:


E go still burn... Make Dem just rest
Make mock trading no go give person hope oh...it's simulated environment

Na when real money come into play you go know say person never learn anything

Depends on how you plan to use it.

Personally, I'm using it to front test some indicators and signal groups.

XaToXi:



It's under Leaderboard in Binance.

If you are feeling adventurous, you can also try the app in the 3rd pic.

Thanks bro.
I appreciate

Geovanni412:


Bro, check this link: https://www.traderwagon.com/en/oauth-login.

Thanks.
Will check

SUPERPACK:
Another MBA forex type of Ponzi. The ROI is too good to be true. The domain was also only registered this year and set to expire January next year. Keep off guys

I have some persons who have been taking ROI from omegapro consistently since 2020. I have attended their meetings and events and they seem to know what they're doing, having an exchange, broker and bank.
Please what is your thought on this omp? Please an honest opinion would be appreciated. Thanks

altcoinng:
9 Mistakes of New Crypto Traders in Nigeria

Altcoin.ng has compiled a list of the 9 most common mistakes made by new crypto traders in Nigeria when trading and investing in cryptocurrency.

Common Mistakes by New Crypto Trader

Unwillingness to analyze the market independently.

Many Nigerian crypto traders are not ready to analyze the market by themselves, they prefer when a crypto influencer on Twitter or on youtube tell them what to buy, and what to sell. You should never live by other people’s wisdom. Listening to the advice of “experts” from Twitter, Youtube, telegram, or WhatsApp groups, who prophesy the growth rate of cryptocurrencies and advise when and how much to buy can make you lose everything.

Lack of patience.

It’s impossible to stay cool, especially following the news on Twitter. “Oh my God, the price is pumping, let’s buy!” or “Bitcoin won’t go up anymore, we need to dump it now!” Such messages are found at every turn. In reality, only the most patient and those who really want to understand how to play the cryptocurrency market wins. Warren Buffett once said: “The stock market is a tool for passing money from the impatient to the patient.” This is equally true of the digital currency market.

Premature selling.

It is important to always have a strategy for selling assets. It is impossible to predict how much a particular token will appreciate. When the price of ether rapidly went up, many early investors, fearing a natural correction, sold at $100-120. Those who rushed to sell their ether, are regretting it now. You need to set clear goals based on technical analysis of the market and go for them, taking your time to buy or sell cryptocurrency.

Storing assets on exchanges and in electronic wallets.

This is the most serious mistake made by many new Nigerian crypto traders. Users have lost hundreds of millions of dollars as a result of hacker attacks or due to the sudden shutdown of services. private Keys and seed phrases should be kept with you at all times.

Unwillingness to learn.

Many new Nigerian traders are not willing to learn, they trade with emotions rather than learning how the market works. Trading on your own is very difficult. Everyone who has succeeded has done so with the support of more experienced like-minded people. To avoid mistakes in the cryptocurrency market, novice traders and investors need friends to learn from. The easiest and most effective way to find them is to become a member of one (or more) specific crypto communities on the internet.

Sending your tokens to the wrong wallet address.

Most new crypto traders in Nigeria make this mistake. You shouldn’t send Bnb to an ETH address or your LTC to Doge wallet. Good thing that this mistake can be corrected. An Ether Wallet can hold different cryptocurrencies as long as they comply with the ERC-20 standard.

No physical copy of private data.

A password in a Word file stored on a PC is not a physical copy. You need to write down keys, passwords and other important information, print it out on a printer, and hide it away. That way, if something happens to the PC, it won’t be difficult to regain access to accounts and accounts from the new device.

Neglecting security tools.

First and foremost, we’re talking about two-factor authentication. You should use it wherever possible, and keep the key on paper in a secluded place. No help desk in the cryptocurrency world will help if the user has refused to enable two-factor authentication.

Trying to Fomo (Fear of missing out)

We have seen many Nigerian crypto traders trying to FOMO and end up losing all their money. New opportunities to make money from cryptocurrencies appear several times a day. You shouldn’t be afraid of missing out on some ICO or some rise in the price of some tokens. It is better to refuse an unprepared transaction, postponing it for the next time.

https://altcoin.ng/9-mistakes-of-new-crypto-traders-in-nigeria/

Thanks for this educative threads , I guess it helped me during my especially the lack of patience part , while I was holding sol last bear season on yellow card , little patience I heard saved me from selling low and being at loss

Evaloyal2J:
I have some persons who have been taking ROI from omegapro consistently since 2020. I have attended their meetings and events and they seem to know what they're doing, having an exchange, broker and bank.
Please what is your thought on this omp? Please an honest opinion would be appreciated. Thanks

That they have stayed for long is not a test of authenticity. MBA forex lasted for 3 years, MMM also stayed for 4 years and paid on time too. As long as you are not the trader and someone is willing to offer you anything bigger than 30% ROI a year just be at alert. Trading involves profit and loss and even the best of traders that work for hedge funds still offer 20%.

If you are a risk taker, enter with what you can afford to lose.

Yungbliss:


Stranger on nairaland?

Ask me oo, my broda