What do we expect around this period of Bitcoin halving? What will be the effect on crypto prices?
Bitcoin halving is a scheduled event that occurs approximately every four years in which the reward for mining new Bitcoin blocks is halved. This means that miners receive half the amount of Bitcoin for verifying transactions on the blockchain. The purpose of the halving is to control the supply of Bitcoin and ultimately limit the total number of Bitcoins that can ever be mined to 21 million.
The halving event typically results in a decrease in the rate at which new Bitcoins are created, which can lead to a decrease in the supply of Bitcoin. This decrease in supply, combined with steady or increasing demand, can create scarcity and drive up the price of Bitcoin. Historically, Bitcoin prices have tended to rise in the months leading up to and following a halving event.
Maybe this is what we are experiencing at this moment. Serious pump in prices and then a down trend. After the halving, we may see a pump in Bitcoin price along with other related cryptocurrencies.
Do your own research and position yourselves well to invest wisely.
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First and foremost, the right to privacy is a fundamental human right that is recognized by various international conventions and treaties, as well as the Nigerian Constitution. The demand for the names of all Nigerian traders on the Binance exchange could be seen as a violation of the right to privacy, as individuals have the right to keep their financial information confidential. The government's action could be seen as an infringement on this right, and may be subject to legal challenge.
Secondly, the actions taken by the government could also raise concerns about the rule of law and due process. The arbitrary arrest and detention of the Binance executives without clear legal grounds could be seen as a violation of their rights. In a democratic society, individuals are entitled to due process and a fair trial, and any action taken by the government must be in accordance with the law.
Furthermore, the demand for the names of all Nigerian traders on the Binance exchange could also raise concerns about data protection and cybersecurity. Requiring a private company to disclose such sensitive information could put the personal data of individuals at risk, and could potentially lead to data breaches and identity theft. The government has a duty to protect the personal information of its citizens, and any action that compromises this duty could have serious legal consequences.

In addition, the actions taken by the government could also have broader implications for the business environment in Nigeria. Nigeria has been trying to attract foreign investment and promote economic growth, and the arrest and detention of executives from a major international company like Binance could send a negative signal to investors. This could potentially harm Nigeria's reputation as a business-friendly country, and could deter other companies from investing in the country.
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So I woke up at midnight one of these days and took a cold shower to reset my brain. I then set up my laptop, made a cuppa hot coffee alongside a slice of sponge cake. I sat down and went straight into my trading exchange and took a look at my balance. $1000. I surveyed all my favourite cryptos. They were all in the red, going down. I waited and waited until 2.00am and sighted a changing trend in the charts. The red moves were turning green gradually led by ETH and BTC. I sent 300 USDT to Isolated Margin against one of my favourite cryptos that had X 10 and hit BUY 75%. Trust me I was ready for war. Suddenly all hell broke loose and the prices went red again and started dropping. No shaking, I was ready and watching for another 30 mins till 2.30 am then it changed again and started crawling up. I increased my depreciated Margin by adding USDT 200 more to be safe and clicked extra 50% BUY. Then waited and watched. No sleeping where money is involved. I left USDT stable coins standing as insurance in my spot wallet. Nobody is liquidating anybody today, especially me. BOOM!! Suddenly by 3.30am, my crypto pair started shooting up, up, up to the moon. I nearly stood up to dance. I was standing by to hit REPAY and take profit. But no, it was still going up and up for almost 2 hours. By 5.30am I was already ecstatic. My invested 600USDT had increased to about USDT1,105. I hit REPAY and went out and straight back to my USDT Spot wallet. Total balance now USDT 1,500. USDT500 gain for this midnight marauding on the crypto exchange. I packed up, took a warm/cold shower, put on my air conditioner to cold and went straight under the duvet, back to sleep.

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In 2010 I stumbled on a Bitcoin article on the net and after thinking over it and rereading the article repeatedly for over two months, I went to an exchange and bought 10 BTC for $10. I followed the developments and articles in the internet for a few months and then completely forgot about my $10 worth of BTC. I had lost interest and patience. I moved on to other things.

Then one day in mid 2014, I saw an advert in front of a building at a popular bus stop saying EXCHANGE YOUR BTC FOR CASH. I was elated. I rushed home and dug out the details of my BTC purchase and my wallet Address. I rushed back to the exchange office and asked them to take a look at my wallet and do anything necessary to change my 10 BTC to my local currency. The young man who attended to me could clearly see I lacked much knowledge about the transaction.
To cut a long story short, he transferred my 10 BTC to his own wallet and gave me $100 Dollars worth in local currency. I was ecstatic. After all I bought the 10 BTC for just $10. I left the office fast thinking I had made a huge profit.
A few months later while browsing the net, I came across the current price of BTC to be $415 and I nearly had a heart attack. I researched more to make sure my eyes were not deceiving me and sure enough, the 10BTC I exchanged happily for $100 out of ignorance would have easily fetched me $41,500 that year 2014. And if I had held it till today, I would have smiled to my bank with $670,000 and retired a millionaire to maybe the Caribbean Islands.
This memory always brings tears to my eyes whenever I remember the foolishness of my being a stranger to the internet in those years. Learn from it.
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Now, I will not yet tell you my journey into Forex trading and crypto since 2012 and the crazy mistakes I made. Some of the mistakes could give a man heart attack. But one thing I learnt from my many years of crawling from one forex exchange to another crypto exchange, looking for the perfect place to make money, is that I have learnt there is no perfect platform, but there are a lot that offer you lots of opportunities to learn and if your are patient, then with care you can make regular stream of income from various areas in same platform or a mix of platforms.
BINANCE is one of such platforms. It is more like a finance community, a nation of investors and learners. Also of scammers and get rich quick novices who get their fingers burnt. But it is like a country of financial savvy citizenry and myriads of students. If you shine your eyes well and concentrate, there are many ways and opportunities to make reasonable regular income which if put together could amount to something huge. BINANCE Earn, Staking, Futures, Spot trading , Margin, Options and auto-tradibg, along with all manner of incentives and bonuses. But you must first study and understand what you want to do. And also learn to invest small and expect profit as well as losses until you have mastered your game. You must always do your due diligence and only choose what works for you. Learn to earn bit by bit and accumulate your gains without getting greedy. If you lose money or you are liquidated, don't cry, learn your lesson and prepare to try again. No pain, no gain. Mistakes are good teachers. I have lost so much money in exchanges over the years, including in Binance. I have paid my dues and now, I know exactly what to do to safeguard losing money. Better a little profit than an outright loss. Trade wisely and take profit in time. Don't wait for the big windfall, it could also be a big downfall. Good luck.
Follow me for my next article where I tell my story of how I stumbled onto BTC in 2012 and the crazy things I did that now made me a confident trader.
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Nigeria is not a bad country at all. It has the population, the land mass, the resources, the market and work force to get almost any job done and any business thriving. It has hard working, hospitable and friendly citizens who keep smiling even under all forms of suffering and economic subtafuge. (suffering and smiling)
Now Nigerian government wants Binance to give information regarding its top 100 users in the country and all transaction history spanning the past six months. And they are also talking about tax for a sector they have been so blind to regulate. Meanwhile neither Binance top executives, Gambaryan nor Anjarwalla have been charged with any offense but are being held "simply as hostages," the Financial Times reported.
What the heck!! This is akin to brigandage and kidnapping. Like we are in a lawless banana Republic run by uneducated dictators. They can't provide employment for the teeming Internet savvy youths and still they don't want the youths to breath.
Is it Binance that crippled our oil and gas resources? Is it Binance trading that killed our cocoa and groundnut pyramids, or even palm produce? Is it Binance that looted our funds to foreign banks for decades? Is it Binance that has been financing Boko Haram for year? Is it a course in Nigeria or what?
The big problem bedeviling Nigeria today is the strategically cunning style through which the colonial masters handed over the dependent independence of the country on a platter of gold to a cohort of lilly livered self aggrandizing Oxford and Cambridge lettered politicians who went ahead to jettison the country into the hands of brain damaged, certificate forging, drug pushing and managerially confused looters who only succeeded in bringing the the most populous black nation in the world popularly called "Giant of Africa" to its knees as a beggarly and crippled elephant in the sun.
A government run by visionless power hungry terrorists whose only mission is to scuttle any new development that can bring technology and financial independence to the populace. They don't want to use their brains, but their transient lowers. This face off with Binance is another blunder in their path. The world is watching. #TrendingTopic! #HotTrends #Write2earn

-as reported on coindesk news-
Binance’s Tigran Gambaryan and Nadeem Anjarwalla have been held against their will for the past two weeks by Nigerian authorities.
The Nigerian government had invited the executives to discuss the current dispute with Binance, and the duo had landed in Abuja on February 25.

Nigeria’s government and Binance have been involved in a dispute about some $26 billion of untraceable funds.

Two senior executives of Binance, Tigran Gambaryan and Nadeem Anjarwalla, have been held against their will for the past two weeks by Nigerian authorities, according to reports from The Wall Street Journal and Wired.
The executives appear to have been detained due to the accusations brought on against the crypto exchange by Nigeria. In the past few weeks, reports have emerged that the African country has demanded $10 billion from Binance in penalties for enabling some $26 billion of untraceable funds to be processed in the nation.
The Nigerian government had invited the executives to discuss the current dispute with Binance. The duo had landed in Abuja on February 25, Wired reported, citing their families. After the first meeting with government officials, Gambaryan and Anjarwalla were “taken to their hotels, told to pack their things, and moved into a “guesthouse” run by Nigeria’s National Security Agency, according to their families,” the report said.

The Financial Times was the first to report about the detentions without naming the two individuals.
Gambaryan is Binance’s head of financial crime compliance and a U.S. citizen. Anjarwalla is Binance’s Kenya-based regional manager for Africa holding dual citizenships of the U.K. and Kenya. While they have been visited by a U.S. and U.K. government official, the meeting was in the presence of Nigerian government guards, Wired reported. Gambaryan is a former special agent of the U.S. Internal Revenue Service Criminal Investigation (IRS-CI) Cyber Crimes Unit.

“While it is inappropriate for us to comment on the substance of the claims at this time, we can say that we are working collaboratively with Nigerian authorities to bring Nadeem and Tigran back home safely to their families,” a Binance spokesperson told CoinDesk. “They are professionals with the highest integrity, and we will provide them all the support we can. We trust there will be a swift resolution to this matter.”
The office of Nigerian President Bola Ahmed Tinubu did not immediately respond to a CoinDesk request for comment.

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Payoneer, Airtm, and Excess are popular online digital payment gateways known for their reliability, security, and ease of use.
These platforms offer fast and cost-effective transactions.
They also provide multiple currency options, allowing users to easily manage funds in different currencies. Additionally, they offer competitive exchange rates and low transaction fees, making them a cost-effective solution for international seamless money transfers.
Others to be considered for their benefits, safety and popularity include;
1. PayPal: A widely used digital payment platform that allows for both local and international payments in various currencies, including cryptocurrencies.
2. Stripe: Known for its seamless integration with e-commerce websites, Stripe allows for secure online payments in multiple currencies, including cryptocurrencies.
3. Skrill: A popular digital wallet that supports payments in multiple currencies and cryptocurrencies, making it easy to send and receive money globally.
4. Neteller: Similar to Skrill, Neteller is a digital payment platform that allows for fast and secure payments in multiple currencies, including cryptocurrencies.
5. Payza: Payza enables users to send and receive payments in various currencies and cryptocurrencies, making it a versatile option for international transactions.
6. Remitly: A digital remittance service that specializes in international money transfers, Remitly supports payments in multiple currencies, including cryptocurrencies.
7. WorldRemit: Another popular remittance service, WorldRemit allows for fast and secure international payments in various currencies, including cryptocurrencies.
8. TransferWise: Known for its low fees and competitive exchange rates, TransferWise enables users to send and receive payments in multiple currencies, including cryptocurrencies.
9. Revolut: A digital banking app that offers multi-currency accounts and allows for seamless international payments, including cryptocurrencies.
10. BitPay: A payment gateway specifically designed for cryptocurrencies, BitPay allows merchants to accept bitcoin and other digital currencies for online transactions.
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