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June 27, 2024, 07:25:55 PM *
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1  Economy / Gambling discussion / Re: What are the merits and demerits of casinos setting withdrawal limits on: June 26, 2024, 09:53:21 PM
Most casinos set withdrawal limits and this is usually perceived by some gamblers as bad practice. However, after seeing This post by lovesmayfamilis about a gamble winner who died of heart attack when he won jackpot of $4 million, I am having the feeling that setting withdrawal limits and procedures for heavy winnings might have some life saving merits. Assuming the man was subjected to gradual withdrawal process, I believe he would have grown mentally to handle such amount of money because it was stated that the excitement from the winning was the cause of his death. There could also be other benefits such as helping the gambler not to spend the money lavishly if it comes in bulk.

This is the reason I felt we can discuss the merits and demerits of casinos setting withdrawal limits. What is your opinion?
the thing is that in gambling if you have the opportunity to win a bigger amount of money and it is a money that you have never seen before you might have a shock based on it is your first time experience of winning such amount of value of money even this occur when someone loses money through gambling so I believe that the things that happen in such way is for people who have not understand the opportunity and the also they advantages of gambling fully because when you understand that the gambling can make you to be poor and the gambling and also make you to be rich at the same time I don't think that you will feel such heart trauma when you come across or when you experience such
2  Other / Beginners & Help / Re: How to Make Money in Crypto and not lose it as beginner on: June 26, 2024, 09:42:59 PM
I don't talk much about trading or other things to people who ask me. when someone asks about crypto trading or wants other information from me. then I will just suggest them for Bitcoin investment. Some people are actually very interested in the hype brought by memecoin, and friends asked me about memecoin. but I will just answer Bitcoin is the best and invest there and you will make money.
regarding knowledge and risks, they should have studied it first out of their curiosity.
I know there are many doors to making money from crypto. but introduce them to the best.
in trading you have to understand that have advantages and disadvantages, if you have acquired the knowledge of trading very well it will be better for you to trade than going into trading that you know, so what I'm trying to say is that trading gives profit and also make you to lose, the risk involved in trading is much and the risk involved in investment is equivalent to the one of trading, so many people doesn't know such, but I know it that have to do with crypto investment is all about risk, their is some people who panic very well concerning bitcoin price when the price is getting low and with out of fear they will sell their bitcoin belows what they purchase it.
3  Local / Nigeria (Naija) / Re: Consider all this before starting your Bitcoin journey. on: June 26, 2024, 09:25:45 PM
In addition for wetin you don talk, somebody wey no get knowledge of bitcoin when the person invest for bitcoin and the investment go wrong e go say bitcoin is a scam, but when you make your research and understand the way of bitcoin you will know that bitcoin is not a scam but I really know say bitcoin is a real thing, but is how to apply it to results good thing for you, at first you have to understand the basics things of bitcoin and you have to know that when you go into bitcoin you need to making a research of Bitcoin so that you will not experience loss when you invest, but everyone knows that all investment is a scam.
Don't you think before anyone goes into any investment s/he should be aware of what he is doing before going further to make investment. Any investment that you are making that doesn't involve risk is likely too risky to invest because all investment be it digital or physical investment all involves risk, that is why we must know all these things first before investing on them, when you are prepared about the investment there is no way you would call the investment scam because you already aware and knows things that are associated with the investment, people calls it scam because they don't know what it's and how it works.
I don see many people who go into investment just because e people wey e dey work with just invest and make money,  people now no dey try to know something finish before them jump to conclusions, and wetin and dey try tell you have brought many setback from people, so wetin dey make people to derail for investment is when they no think well and make their own investment for the thing they wan do before they do am, if you wan be successful for investment we you dey do what you need to do is to ask questions so that you no go run enter the hands of scammers.
4  Other / Beginners & Help / Re: With is the minimum post require to earn a merit on: June 26, 2024, 09:19:40 PM
I have been into the system for some months now and I have made over twenty posts but no simply merit has been given to me or earn by me and this make me to be surprise on how these merit are generated, given or earned. However, looking at it in another perspective, I don't know if it is because I did not meet the number of my post require to earn a merit or because of the low quality of my post that is the reason why I had not been able to earn a single merit. So please I will like to get more clarifications on the possible requirement for earning merit.
I know that earning a merit is one of the happiest thing that happened to anyone who is the forum mostly it will look as if it is a password to success and also encouragement, so what I want to let you know is that you may think that what you are writing will please others why it does not pleases any person based on the way you constructed your information so low quality is one of the things that is deny some users merit from the sight of the reader, so for you to earn merit just make sure you have improve from your quality and also introduce things other people will learn from.
5  Other / Beginners & Help / Re: What you need to do if you want to suceed in bitcointalk. on: June 26, 2024, 09:10:57 PM
This question you asked has been questions beginners always ask, so for you to have join forum being a beginner I think that they have undergo some steps of inquirings and the investigation because in bitcoin talk many persons has brought their brothers and the siblings into this community and there's no way that they have not make inquiring before coming to this place so when I come across of such persons I ignore them knowing that the person is asking that question just to make a post...

So for the aspect of what you need to do which you want to succeed in bitcointalk, I think that you're from the way I see things the only way someone can proceed in this community if the person is really a beginner who does not know anything about this community is to start asking questions that is reasonable and also make it only search of anything it has a mind to do because I know that this community want to make people to grow to the level that is unexpected to people is based on you being innovative
6  Economy / Gambling discussion / Re: Will you put money together with friends to bet on sports games? on: June 25, 2024, 11:11:52 PM
Well for reasons I think that's not actually a good idea because with money come so many problems and especially when it has to do with gambling. I think it's probably best to make your own selection and let it work for you. The reason why I say this is because some the whole intentions might be pure and legit but once their is winnings or money involved then people starts showing off their ill characters.
human being have a different character So there's some certain people that do make money and gambling or anyway they will still have no problem with anybody about there some people who will not cherish some persons but I know that money intoxicate people and that is why we do say that we should not allow money to control us, from my own understanding money has a power and the since money have power whoever that has it must to definitely change in character that is why they said anyone who have money is noticeable and you cannot hide it.
7  Economy / Gambling discussion / Re: Have you achieved anything from gambling on: June 25, 2024, 09:52:14 PM
I have never achieved anything that I could be proud off from gambling. I only consider gambling a fun activity and all I achieved from gambling is the entertainment only. I'm not someone with a very good luck especially when it comes to gambling but I really enjoy the gambling session and that's more than enough for me.
if you have never achieved anything from gambling that means you are not a frequent gambler because I know very well that anyone who is desperate who participate in gambling almost four times in a week we have opportunity to winning gambling so some people does not really understand such concept that gambling is something that you achieve through opportunity so you must be a frequent gambler before you can be able to achieve something that will be obvious to other gamblers, I have seen someone who is gambling to raise up the children both from university and also from a skill acquisition so many people is a beneficiary of gambling if you have not seen have witnessed that so many
8  Economy / Economics / Re: Is it still possible to retire early? on: June 22, 2024, 04:45:02 PM
Investments and as many sources of income should a retired person have. If not, it's still possible to retire early and mostly those who are in the tech industry do it. How? Through selling the companies that they have built and the business that it has. The valuation that these companies and businesses that are getting is very high as long as they're on the trend and their technology and innovation is on set and in proper timing. While all of those advises are for real and needed to be done, if you want to shortcut it. Aside from winning the lottery, making a business in the tech industry is one way.
the only thing that I have to say or contribute towards in this comment is that you have to learn or make a proper research before going into investment those people who feel that they can make everything possible when you come in terms investment arrangements the people that loss, secondly its obvious that a retired person is the one that have the opportunity to go into investment, so therefore you have strategies well, the only we need to know or understand about investment is to understand the preamble of it first, so therefore we have to understand such.
9  Economy / Economics / Re: It's better to invest now than to regret it in a hospital bed. on: June 22, 2024, 04:02:38 PM
Bitcoin is a vote against governments printing money without your permission.  Smiley
I don't really understand what you me by voting against government printing money without your permission, nothing government will do that will make you to think that they will obtain permission from anyone before printing money, government have the right to do anything and that's why it's called government, but some people misquote government when they want to do anything they feel like, I believe that government the right words that sort to this, because bitcoin is a Currency and government is against bitcoin due to they think that bitcoin we be use for money laundering.
10  Other / Beginners & Help / Re: Is age a limitation in Bitcoin on: June 21, 2024, 09:33:12 PM
Hi there to all of you. One of the most amazing things I've noticed about Bitcoin is that it doesn't have an age requirement before using it or creating a wallet. In traditional banking, however, one must be 16 or older to open an account, unless they have assistance from a guide who helped them do so. Additionally, no matter how young you are, no one can question you about how you make money because no one keeps an eye on your wallet.
bitcoin does not have age differentiation it is people who is into cryptocurrency business that will think that if you are not matured in mind you are not supposed to invest in Bitcoin but that is a partially on true from my way of understanding of Bitcoin so if you want to venture into bitcoin or establishing Bitcoin you have to make your research and the follow the principles of your research and when you follow the principles I think that you will make well for the investment but some people think that if you are below 18 years you are not supposed to participate for bitcoin investment but I don't see any cogent reason for that because investment is something of mind and it is based on your own inquiring and the information you gather about such investment that to make you go invest on it it does not really matters their age but what matters is understanding and the knowledge you have towards such investment
11  Other / Beginners & Help / Re: Knowledge is the New Gold on: June 21, 2024, 09:02:07 PM
People lose more of their assets to ignorance or a lack of knowledge about the crypto space than to scammers and hackers. Even if there was no risk of a bad guy getting a hold of his phone and stealing his already screenshot seed phrase, what if the phone becomes broken and the data lost, what becomes of the screenshotted seed phrase saved in his gallery assuming he didn't back up his photos to the cloud(which is another terrible way to store your seed phrase). He loses his assets forever.

Also, screenhots should not be allowed on crypto wallet apps. These wallet apps developers are indirectly promoting this reckless behaviour.
based on my own understanding concerning people who lose their cryptocurrency based on their mistake I stand to blend them because cryptocurrency is all about researching continuously because if you don't research in cryptocurrency you will end up investing when it's not proper for you to invest that is why many people have to advocate time to learn the consequences and the benefits of cryptocurrency before they start to the investment but people currently does not look at the advantages and disadvantages of cryptocurrency before they go into it because there are not after learning but there are after profit from the investment so that is one of the things that makes them to lose from their investment in cryptocurrency especially in Bitcoin
12  Economy / Speculation / Re: What to do when there is a continues DIP on: June 21, 2024, 08:55:51 PM
There are some investors that waits for a dip price to buy and when the dip comes and they buy but they begin to experience that the price is even dipping further, so is there a need to panic or continue buying at every dip price if you still have some reserved funds with you because even though many wish for a dip to happen in order for them to buy Bitcoin but there are investors that expects the price to skyrocket after buying so if the price continues to dip further, is it not going to make those investors to lose confidence that the price may later not increase again?
what I want to tell you in all is that when the price of Bitcoin is low and you will experience that the price is low after you have purchased a lot of Bitcoin you should not panic rather you should do purchase more of bitcoin to accumulate it to be high so that the when they price increases in the market you will have a lot of profit that is why many investors who invest in Bitcoin usually accumulated their bitcoin when they notice that the price is different from what the protects because they know quite  well if the price of Bitcoin increases they will make profit.
13  Economy / Gambling discussion / Re: Gambling therapy on: June 21, 2024, 04:55:58 PM
I heard about gambling therapy and it prick my mind to which I asked myself when last did I  go for gambling therapy? I could recall and that's because I have never had one since I believe am gambling responsibly.

What's gambling therapy?
Quote
Gambling Therapy is a free, global online service offering practical advice and emotional support to anyone affected by problem gambling link
Yeah, you read that correctly , it says people affected by gambling problem. But after reading I took an opposing view about it because gambling therapy shouldn't be something simply painted exclusively for people with gambling addiction problems alone. In as much as you're a gambler, whether  a gambler that has his gambling habit under control, going for a gambling therapy should be a habit we should acculturate ourselves with, at least twice a year (ones in every 6months).

We go for monthly or quarterly health routine checkups not only because we're sick but to  reduce any risk of getting sick before knowing. Right? same behavior can be applied to gambling , do you agree or it's not necessary until you start getting a gambling problem .
gambling therapist is in existence but the thing is that people don't value such, because they thing that they can make away with it, some persons fail to understand the sometimes we get a depression and the depression my be as result of much thinking when we loses our gambling, but with the help of therapist you can be overcome depression when you have much thinking of your loses in gambling, sometimes things we overlooked is of more important in us, I have on my own understand the basic things of life, at least your opinion concerning gambling therapy is needful.
14  Economy / Gambling discussion / Re: Investment in gambling on: June 21, 2024, 04:49:21 PM
Whether investing in gambling or investing in Bitcoin, there are risks in both cases, but it should never be called a Ponzi Scheme. However, there is risk involved in investing in Bitcoin, but the type of risk is different from investing in gambling because in this case, if the market is dumping, if you are patient and hold, there will be a possibility of market recovery.  But if you invest in gambling, if the investment is lost for some reason, it becomes impossible to recover that loss, rather, there is a guarantee that you will face more losses to recover more losses later.
What needs to be noted here is that the level of risk is always different when we invest in gambling compared to when we invest in Bitcoin. Because these two things are not the same, the level of risk is different and I think everyone only needs to consider one of these options if they want to be in a better investment, namely Bitcoin. Because for Bitcoin investors, when facing a period of price decline or price correction in the market, they only need to wait for the market to recover so as not to experience losses, while gambling is not like that.
I am in support of your point because I know quite well that the level of risk in Trading and the level of risk in gambling and the also the level of risk and bitcoin investment is different and it is obvious so you cannot compare any of them to each other because they have a different functions and the different method of operation so who so ever that is investing in Bitcoin should not know that the risk can be controllable why and gambling the risk cannot be controllable it is neither you lose in gambling or you gain in gambling these are the two things that is involved in gambling so why for the investment you can make your investigation or research after you have invested already and when you see the condition of the market you can pull off your investment so at that moment it is a controllable one why for gambling such thing cannot be taken place
15  Economy / Speculation / Re: $120,000 Bitcoin is going to happened? on: June 20, 2024, 11:00:43 PM
I am new to BitcoinTalk BTC

My question is that I heard rumors about $120,000 Bitcoin
What is your opinion on this matter?
sometimes speculation will carry some people away why in the information is a fake information so what I'm saying is that whatever thing that will want to know concerning bitcoin price is on internet you don't need to believe a side information that you acquire from people what you need is that when you hear information you have to process it very well by making a research to know the positivity in that information, bitcoin price is still going up but bitcoin has not gotten to this particular price you mentioned and when bitcoin prices get to the price you mentioned it will be carrying everywhere information willy circulate around the internet that bitcoin price is up to 120k but right now the price is still fluctuating within 66k
16  Economy / Speculation / Re: Buy Bitcoin, and HODL! on: June 20, 2024, 10:51:53 PM
Do you know that the best way to make a profit in Bitcoin is when you purchase your Bitcoin and the store for longer time before he use or you sell your Bitcoin many people does not know that the longer you hold your Bitcoin they more the price of Bitcoin appreciate, but people who is new into the system does not really like to invest for long time and when we are making this reference or this suggestions that the longer your investment in Bitcoin the more you are accumulate more profit depending the percentage of the market at that moment
17  Local / Nigeria (Naija) / Re: Consider all this before starting your Bitcoin journey. on: June 20, 2024, 10:18:28 PM
In addition for wetin you don talk, somebody wey no get knowledge of bitcoin when the person invest for bitcoin and the investment go wrong e go say bitcoin is a scam, but when you make your research and understand the way of bitcoin you will know that bitcoin is not a scam but I really know say bitcoin is a real thing, but is how to apply it to results good thing for you, at first you have to understand the basics things of bitcoin and you have to know that when you go into bitcoin you need to making a research of Bitcoin so that you will not experience loss when you invest, but everyone knows that all investment is a scam.
18  Local / Nigeria (Naija) / Re: We all know the rules on: June 20, 2024, 10:09:27 PM
But you no say this place we dey accept both pidgin and main English language and we have be using it since, if many people dey use English pass pidgin English na wetin you go just address generally so that our brothers wey dey come join us go take such correction because as you dey talk am I believe so people go they think you dey observe only one person why na wetin most people dey use, you can not differentiate that much between English and pidgin English because e get person we go talk pidgin you go think say the person dey talk English, so na so e dey, make no talk like this ooh so people no go dey carry akpor for us
19  Economy / Gambling discussion / Re: Your gambling life could affect your relatives lifes. on: June 20, 2024, 09:58:10 PM
I want to correct a little thing, people doesn't gamble because the inflation in their country or hardship in their environment, one thing I know very well is that, gambling have to do with desperation and engagement, if you are not a gambler a hardship can't push you into gambling, it's because you know what's gambling and that's what makes you to gamble more, another thing I understand in gambling is that you have to know the importance of gambling and also the risk that is involved on it, because ordinarily people love gambling and some people misunderstood it and take gambling as source of income and that's why you feel that we are getting more numbers of people in gambling if inflation in some countries persist

Misconception which you wrote about is a result of lack of genuine information and knowledge about gambling before joining the niche. On the venture to decrease addiction rate, gamblers are meant to be advised on the importance of gambling. And, also, what they could learn through the game. Gambling has never been a negative activity all through. The problem has to do with the player's mind set. They think gambling is an activity that could ruin their financial life, that's why it ends up ruining their gambling journey on the long run. So, it's actually a nice point referring to gamblers as people who should focus more on being educated about what they're about to go into.
Do you know that many people who is into gambling today have different motive of been in gambling and that's why have being emphasizing on education and also know the advantages and disadvantages of gambling before we go into gambling, what I know very well that associated in gambling and makes to be more interested in gambling is because they think that gambling is the easiest way of making money, so it high time to brief people and educate them the procedures of gambling before they developed another mindset and it failed them, for me gamble needs someone to understand it before you join. This is something I have being lamenting on.
20  Economy / Gambling discussion / Re: Your gambling life could affect your relatives lifes. on: June 19, 2024, 08:25:14 PM
When you have hope that you are going to win from gambling, then even when you are supposed to stop gambling, you won’t. Your hope will keep on pushing you that if you don’t stop gambling, you are going to win. If you are really desperate to win when you are gambling, then you are likely going to get addicted to gambling at y he end. I agree that some people are gambling for the sake of money, they are just pretending they are gambling for fun, but I will tell you that some people do say that they are gambling for fun, and they are really gambling for fun. Because you are gambling for the sake of money doesn’t mean there are not people gambling just because they want to have fun.


The whole problem of gambling always starts from that first win immediately they win they feel they have found a way for them to make money and they won't care to know if they should manage how they gamble not all they want is to gamble and if they don't win they gamble again and that is one of the mistakes that some of them make they gamble even when they are not supposed to be gambling, now that the economy is hard the number of people that are gambling have increased just because everybody is looking for a way to get cash,  and people are no longer scared of addiction anymore, people want money and what they don't get is that even if you want to make money gambling is not something you should be taking as side hustle because you will just get wrecked that is what gambling do to a lot of people. and their are other ways that they can make money not only from gambling. gambling is fun but only when you are making money from it.
I want to correct a little thing, people doesn't gamble because the inflation in their country or hardship in their environment, one thing I know very well is that, gambling have to do with desperation and engagement, if you are not a gambler a hardship can't push you into gambling, it's because you know what's gambling and that's what makes you to gamble more, another thing I understand in gambling is that you have to know the importance of gambling and also the risk that is involved on it, because ordinarily people love gambling and some people misunderstood it and take gambling as source of income and that's why you feel that we are getting more numbers of people in gambling if inflation in some countries persist
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