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Hello hiveleaeners and friends over there, how are you doing today?
Altcoins have turned around the lives of many traders. I have read the testimonies of many traders that invested little amount on Altcoins and they became millionaires. That is the power of altcoins; they can make you rich in a second if you understand the strategies.
If you are looking for Altcoins to invest this season, you need to read this article.
It is a season of bull run for every cryptomaniac. That is why you must hold at least 5 altcoin this season.
I have held more than 3 altcoin for more than 2 years now, believing that they will rise one day. I kept on checking those coins in my binance; each time I checked them, I smiled. I smiled because the price of those coins keep going up everyday.
Altcoin is a life changing coins; if one understands the techniques behind the trading of altcoins, such one may end up getting huge profit.
One thing that is very important is to learn how to diversify assets when you discover any change that may affect them.
#Altcoins are highly risky, volatile and higher profit. If one doesn't understand how to diversify, such one may end up losing big. That is the reason one must learn all techniques necessary to maximize profit and minimize loss.
The following are the top 5 altcoins in 2024:
@Memeland - $MEME
@TheSandboxGame - $SAND
@graphprotocol - $GRT
@JupiterExchange- $JUP
@richquack - $QUACK
We have seen how these coins are pumping. Some of these coins may grow beyond our expectations before the end of April.
Note: Please, I am not a financial advisor, it is my recommendation. Do your own research, invest wisely.
#Hive and #Bitcoin
Screenshot From Binance
When i checked the price of #Bitcoin recently,, after Bitcoin decreased to $62K; it started to pump again. Current price of #Bitcoin is $67k. If Bitcoin breaks resistance of 70k, it may reach $75k. I can't wait to see Bitcoin above $70k.
#hive is coming up little-by-little. This is the reason it is paramount to hold #hive coin in your wallet. It is our coin and we should endeavor to get more of it than crypto traders outside the hive ecosystem.
Many Alternatives In My Country
We all know that Nigeria does not accept cryptocurrency; I was not surprised when I received a mail that said, ‘Binance to discontinue all Nigeria Naira (NGN) service. When I read the news and feedback of people from different social media, I was laughing. It was crystal clear that Nigeria does not accept cryptocurrency.
The moment I received the email, I registered for wallet exchange- Kucoin and bybit. Here is my link if you want to register, both wallet exchanges accept Naira. Kucoin and
Bybit.
P2P is allowed in both exchange wallets.
Out of many crypto exchange wallets out there, it is only Binance that no longer accepts Naira, others are accepting Naira.
The KYC is very easy, just provide your NIN or BVN, Utility bill or bank statement.
It was very easy for me, so I went to my online banking and requested a statement of account. Within 2 minutes, the statement of account was sent to me via email.
Without wasting time, I finished my KYC, binded my number, opened P2P, entered my payment method and confirmed it.
That was how my account was set up for the two crypto exchange wallets.
Millions of Nigerians are trading on a daily basis despite the fact of crypto ban; some of the Nigeria traders don't feel the heat at all just like me.
Alternative Solutions
I don't want Nigeria to lift up the crypto ban because they are going to come up with regulations that force high taxes on traders. I don't pay anything while doing transactions on crypto exchange! If they accept cryptocurrency, they will make rules and regulations that will affect traders.
It is very easy! I have shared my referral link above; if you want to withdraw your money to your local bank by P2P, download the above crypto exchange wallets, make sure you do verification; then you are good to go.
Well! Since hive is not listed in those crypto exchange wallets, send your hive to Binance, convert hive to any of your choice USDT or other coins you are interested in and send it. It is very simple!
Nigerians can still use Binance to trade but can't use it to make deposit or withdraw money from local bank. You can use other crypto exchange wallets to do transactions from your local banks, and use Binance to trade.
The only problem I have is using Binance to withdraw money of which I found solution to it.
Banning Binance give me opportunity to explore from other crypto exchange wallets. I was given $50 for referral yesterday. I'm beginning to explore in Kucoin and Bybit.
What I am feeling is happiness, because there is a solution to every problem. When I heard the news, I was not panicked because before Binance was banned, I already had my solutions.
I stand up for success, and success is not achieved by merely making mouth, No room for laziness, no room for idleness. Success comes to the people who are desperately and consciously searching for it. When it seems unsuccessful or you smell failure around you, never discourage yourself from being successful.
“Discouragement and failure are the two surest stepping stones to success.” - Dale
Thank you for reading my post.