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101  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: April 28, 2024, 05:49:44 PM
The competition will be between Real Madrid and Bayern Munich and in this competition, the two managers will make almost all the decisions for their teams off the field. However, although the two managers are quite experienced, considering Real Madrid's team, Ancelotti will have some chance to stay ahead of Bayern Munich with his team. The first leg match is important for both the teams so both the teams will definitely want to do well in the first match and take the pressure off in the second match. If the first leg is a draw between Real Madrid and Bayern Munich, the second leg will undoubtedly be a tough match.
Maybe it is just me I don't know but I feel like Real has absolutely no chance of letting this Bayern team to beat them. I feel like Real will end up with a win and Bayern is already in trouble and Tuchel will be fired by the end of the season so it is not going to be all that hard for Real Madrid to win this one. Ancelotti knows what he is doing and he has all the plans in his mind and he knows how to pull the strings.

I think Real Madrid will end up with a great result eventually, we just need to make sure that we could see them doing well enough and it shouldn't really worry anyone. Bayern played terrible all season long and yes they are at semi finals so it looks like they are doing alright at the moment but the reality is that we are not going to see them win this game.

Well, it is definitely not just you. It is almost everyone. Almost everyone thinks that Real Madrid is going to win against Bayern Munich and Bayern Munich is probably not going to do much about it. Of course, Harry Kane is going to be a problem for Real Madrid. But I think Real Madrid will be able to handle him. Why I am a little scared for Real Madrid is because even though Real Madrid has been able to handle Haaland, they have not handled someone like Harry Kane who has been really prolific in this whole season. But at the same time, I think we could say that Haaland has played in the English Premier League in which almost all the teams are pretty good. But at the same time, Harry Kane has played in the Bundesliga where the teams are not probably as good. I think that's why Real Madrid will be able to win.
102  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: April 28, 2024, 05:30:36 PM

Quote
EXCL: Werder Bremen are closing in on deal to sign German talent Karim Coulibaly, out of contract with HSV.
16 year old defender visited Bremen with his agent Nochi Hamasor and deal is now almost done.
source: https://twitter.com/FabrizioRomano/status/1784584254719918172

I also thought that a lot of other clubs were going to be very interested in him. I think if he actually waited a bit, he could have gone to a far better club. I don't know if this decision is good for him or not. I think he could easily go to a club that could finish in the top six positions this season. But instead, he chose to go to this club. I hope he does not regret this decision in the future.

But the good thing is if he does make a mistake, he has the ability and time to fix that. Because he is really young and he has time on his side. At the same time, if we compare his current/previous team with the team he is going to go to, this is definitely a big upgrade. But all I am trying to say is that the upgrade could have been far better.
103  Economy / Speculation / Re: Do not let the over excitement after the bull-run pull you out to danger on: April 28, 2024, 04:22:53 PM
In the end, it’s still safer to invest secretly and privately. That will make your portfolio richer without other people getting know about it and get jealous eventually. Let’s just accept the reality in order to secure yourself and your wealth, being a show off is always a bad move. It will only put yourself into harm, and you might only attract scammers that are always waiting for their perfect victims.
I also think like that because in living this life there is no need to show off to everyone about what we currently have because that is the main effort that will attract fraudsters who are looking for their next victim. So I still take the option to remain silent and not tell anyone about my investment portfolio in order to avoid bad things that I don't want, because being an investor you also have to be careful and you can't be careless in telling anything to other people. Moreover, if the person is someone we have not known for a long time.

It would be foolish to brag or tell strangers about your investments. If someone did this, I wouldn't be sad for them if they were attacked and they deserve to pay for their stupidity.

Keeping our investments and assets private is one way we are protecting ourselves and our families. But I also need to emphasize this, keeping secrets from strangers is the right thing to do, but keeping secrets from relatives is not necessarily the right decision. If someone is married and even their wife keeps it a secret, it can easily cause a rift in the relationship between husband and wife. Therefore, we need to be flexible in disclosing and keeping secrets from those who should and should not know about our investments.
104  Economy / Speculation / Re: Will BTC go back to $40K - $30K range before a bigger rally? on: April 28, 2024, 04:14:28 PM
I don't think you'll see bitcoin hit $40k or $30k anytime soon, but you'll see some more dumping. We know bitcoin always corrects the price after a massive pump but this time it took a different form. Moreover many altcoins are now trying to pump the price of bitcoin using the opportunity to increase. But this time will be best for those who want to invest short time. So if you plan long time holding then you should wait for some more time.

You were right that Bitcoin will correct further. Given the current state of the market, I still think Bitcoin can go lower than this point. A lot of altcoins which are very high went up as Bitcoin went up. Bitcoin hasn't gone down that much yet but with a little correction the altcoins have gone down a lot.

What do you think? Is this a good time to invest or should we wait more considering the market conditions?

From what you said, I guess you haven't bought any bitcoin since March and are still waiting for bitcoin to drop more. But I want to ask you, will you definitely buy if bitcoin drops to $40k in the near future? Or will you continue to think that bitcoin will fall even more when bitcoin drops to $40k and will you only buy if bitcoin drops to $20k? This is not new to those who like to bargain with the market and those who always say they wait for bitcoin to correct before buying, most of those people will never buy bitcoin. They will never buy bitcoin when it corrects, but when bitcoin bounces and goes higher, they will definitely rush in to buy at high prices without thinking.
105  Economy / Economics / Re: Your aging and retirement plan is your responsibility. on: April 28, 2024, 04:01:39 PM
Frankly speaking, many of us are still living on family allowances, many of us are still working hard to take care of every meal for our families. Life is increasingly hustle and bustle and we have to race against time just to take care of tomorrow's meals, making money has never been easy.
I never even dared to think about retiring, let alone planning to retire with a huge amount of money. As we grow up and have families, we will understand that there are many things to worry about, there are many things to prioritize besides retirement. I believe those who are married and have children will understand what we are going through.

Obviously, everyone has different circumstances whether it's their economy, their finances or even their family relationships. Indeed, many people are still working hard to be able to meet their needs, such as meeting basic kitchen needs, paying bills here and there, even I think there are still people who put aside their desire to meet the needs of their family. Moreover, it is not easy to make a lot of money, so it is not strange that there are still many people who lack even in terms of eating or their daily lives.

Mainly we have to be able to make a lot of money by working hard, because indeed I myself want to bear all the living expenses of my family it is my dream, especially with later when I get married, right you say after marriage of course the needs will increase and must be considered, it is not strange that there are cases about disputes between our own families and our spouses or wives because we have responsibilities to our wives but must pay attention to the family as well, but there are couples who cannot accept that even the opposite is the same.

Everyone wants to become rich, everyone wants to retire early with a huge amount of money, but talking & planning, and doing it are two completely different issues.

What I see is that young people are very good at talking, good at planning and even planning for the next 50 years while they don't know what they will experience next in life. It seems they don't have much practical experience and are still daydreaming that life will be as rosy as when they still received benefits from their family.
I'm not against people planning for retirement, but we need to be a little more realistic instead of delusional. Things are not so easy that just by investing in bitcoin we can retire happily.
106  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: April 28, 2024, 02:55:27 PM

Credit should be also given to the Burnley goalkeeper, he has been brilliant with his saves, I think he has more pressure on him than Onana, so far he has kept a clean sheet  for 70 minutes of play despite all the shot on target from United players. I commend Vincent company for coming up with such formation to hold united down on draws on their home ground for this long.

It's so obvious that Manchester United don't have finishers, I see Bruno Fernandez coming upfront to always try the goal post with a shot because there is no coordinated attacking formation to score a goal, I see garnacho always try to run with the ball as if he doesn't have a team mate to pass the ball over.

Onana deserves credit as well because he made a billiant save from Burnley's attack. Manchester United might have lost the game if Onana hadn't made this crucial save. MU is now receiving another disappointing result against a relegation team. DRAW is a completely unacceptable result for United.

Ten Hag may also offer additional excuses for their poor performance against the relegation team. Playing without good finishers shattered United's structure in the game against burnley. Garnacho's teammates are always standing away from him, which was hilarious to see that. It's kind of stupid to see that when no one is even getting close to him. They were being so clueless.

This is why Ten Hag's strategy was not suitable for the United. I believe it is time for United to do more than just buy new players. It's time for the club to find a new coach as well. Enough is enough for ten hags to manage the club. Sir him needs to get rid of him to leave from the club. I strongly agree with this.

It is time for him to go out. Please take ten hags out. Zidane is waiting for you to leave the club. United was constantly attacking Burnley, but Bunrley was also developing some capable attackers.

It puts Onana under pressure as well and i think we shall see that from the various perspective. I saw that if the goal keepers from these clubs have the biggest contributions to the team. The clubs from both clubs performed admirably in this game. The unfortunate thing is that United's attackers are so inexperienced in the penalty box.


First of all, I was surprised to see that Antony scored. Secondly, I was surprised to see that the goalkeeper, Onana performed well. And finally even after all those surprises, still Manchester United was unable to win. At this point I do not know what to expect from Manchester United anymore. By the way Manchester United is not finishing in the top five for almost sure. so Manchester United is not taking any part in any European competition in the next season as well. This is definitely a bad thing for Manchester United.

I understand why everyone is asking for Zidane to be the new coach of Manchester United. I heard that he also expressed the feeling of being the coach of Manchester United. It is going to be incredible if Manchester United can actually get him to be the new coach. But the problem is, the owners of Manchester United are still going to be the same. And I think that is a problem Manchester United will still have to face. Because the owners are not interested in good performance at all in my opinion.
107  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: April 28, 2024, 02:35:25 PM
One step at a time, Today's game is PSG's 31st matches so far this season, leaving them with 3 games left until the end of the season, and currently Paris St. German is topping their league with 11 points ahead of Monaco, Therefore, PSG losing of this game will give Monaco a chance to still be on the race of lifting the French Lique 1 trophy if at all Monaco wins their match because that would now reduce the points to 8 points, whereas at the moment they will have 9 points left to context until the end of the season, So I don't see PSG jeopardizing with this game today because of the Champions League game with Borussia Dortmund, especially when this game is taking place in their home soil, winning this match is super important because winning this game today has guaranteed them of the trophy.
Even with these beautiful records and achievements this season, they are breaking people's heart tonight and destroying the bet of gamblers. Of all days, it is today PSG have decided to lose at home to a small team that was just promoted seasons ago in the apex division and who are already close to returning to where they came from. Eighty-four minutes of play and the match is still standing at two goals to three against PSG, a result that will see many gamblers lose fortune. The only people that will escape loss tonight are those who played goals which was actually a more feasible option if not that a win appeared more conservative. Going forward, it is dangerous to play PSG because people may not know what option that will not make them lose their money.
PSG's struggles, especially against a team they should dominate, are puzzling. They're certainly prioritising Champions League. The huge prize makes sense, but domestic matchups cant be ignored. This discrepancy calls into doubt their ability to balance between fronts. For PSG betting, they'll shuffle players before a huge Champions League match. Resting key players disrupts the rhythm, resulting in unforeseen effects. Be careful not to naively bet on them to win. Are they in a Champions League run? Is their lineup weakened? If those conditions match, goal bets may be better. Over/under, etc. It reduces danger when PSG is unpredictable.


Quote
Paris St-Germain staged a late comeback to draw with Le Havre but missed the chance to secure the Ligue 1 title.
source: https://www.bbc.com/sport/football/68913764

PSG is literally playing almost to the second team in this one. And I thought they still should be fine and be able to win this match. But PSG actually had to fight a lot in this match. At one point it looks like they are not going to be able to get a single point from this match. But in the end, PSG has been able to score at the very last moment of the match. Le Havre had a really good chance to get three points. and considering the fact that they are literally fighting relegation, it could have helped them a lot. But we all know that they are going up against the best team in the league. so even though PSG is not playing the best 11, was able to avoid embarrassment and disappointment and was also able to get one point from this match.

Still, I do not think they care about this league title at all. All they care about is the Champions League competition and they are going to concentrate on that more and more.
108  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: April 27, 2024, 04:24:47 PM


The game is starting now guys. It's an away game for acmilan and im hoping juventus will not be doing bottle jobs in this game since it really needs three points. The old lady will play with two strikers with 5 midfielders. It may help juventus to win in the home game against acimlan.

Leaso, pulisic and RLC are playing in this game. Acmilan's wingers shall get more attention from juventus caused by they are the biggst threats for the goal keepers. Juventus is now have smaller odds caused by it's an away game for acmilan.

This odds may be changing at the middle of this game. A difficult match for juventus. Still hope juventus to get three points from acmilan or it's potentially to leave from the UCL spot race.


Olivier Giroud is in full action today  Grin

This is a must-win game for Juventus. Because if they do not win this match, there are going to be problems for them. And if Juventus is unable to win this match, the team that is right below them, Bologna, is going to have a genuine chance to get ahead of Juventus.

I am sure that Juventus is not going to give them that chance. But even though I say all this, it is not going to be easy for Juventus to win this match in the first place. because if Milan does not win, you know the same thing can happen to them. Looking at the recent performance of Milan, I believe it is going to be hard for them to win as well. This is a match that I expect to be very competitive and there is a chance of a draw in this match. Only 22 minutes have been played so far and it looks like Juventus is already starting to make some chances.
109  Bitcoin / Bitcoin Discussion / Re: 🔥 Bitcoin Buy and Hold 👑 on: April 27, 2024, 09:41:18 AM
]
I think it's his friend that's addicted to gambling and they've both started in bitcoin at the same time, I think that's what I'm getting at in this post. If OP was able to make a decent profit out of the 100 USD that he has started off of, I think that OP is already careful about his investment, that kind of profit doesn't really scream recklessness so carelessness is definitely out of OP's mind and to you OP, I hope you're going to get more profit in the near future, no big losses may come to you and hopefully you'll enjoy your trading journey with even more profits.
Ok. Even if the OP stops real gambling and still doesn't have the actual knowledge about cryptocurrency investment he/she technically is still gambling.
Having said that, in this current market we're in a $100 investment in Bitcoin and will barely make a good profit unless the OP is doing the investment simultaneously using the DCA investment method
How is that the logical thing that's happening to them? You stop gambling but you don't have a knowledge or know squat about crypto investment that you're still gambling? OP is trading and even if there's losses here and there, the money would still be there. Make it make sense please, how can you stop gambling and jump to trading and then still consider it as gambling.
To me, even if you are investing in bitcoin or stocks, if you just invest blindly following someone's advice and have no knowledge about it then you are still gambling, not an investment. It is true that gambling and investing are different but their boundaries are very thin.

If you invest with an empty head, you invest by relying on luck, that's not gambling, what do you call it? You can't hold bitcoin until it's profitable, you'll panic and sell off when Fud floods the market...If you can't handle your investment because you know nothing about it, then what do you call it if it's not gambling?
110  Economy / Gambling discussion / Re: Have you consider yourself, the family and gambling? on: April 27, 2024, 09:25:46 AM

...

1. See a child should never be taught to gamble from an early age and as a guardian should never encourage his child to participate in gambling. By making him aware of his academic education from an early age, surely at some point the child will understand the importance of education and develop a negative attitude towards gambling. As a guardian I will never encourage my child to participate in gambling.

.

As parents, we all know the harmful effects of gambling, we have witnessed the losses that gambling causes, and we have even lost money because of gambling. Therefore, I will never teach or encourage my children to gamble. I will completely ban them and monitor them as closely as possible while they are still with me. When they are grown up and can manage their own lives, we have the right to decide everything. They can gamble or continue to say no to it, it's up to them.

Has anyone become rich through gambling? I have seen many people become rich through high education, have good jobs, become rich through investments...but I have never seen anyone become rich through gambling. So for me, I would not encourage gambling to anyone especially children.
111  Economy / Gambling discussion / Re: Double your money and quite on: April 27, 2024, 09:14:23 AM
Hi everyone,

The way you play, which we can consider your playing strategy, plays an important role in determining your profit or loss, like other factors.

For me, when I play, I enter with the intention of double the amount of money and stop. This method may be followed by some people, and I do it sometimes. I determine the amount of money that I will gamble with, for example $100 and I try to get $200 and leave the casino or site if the plan worked  very well. If I am unlucky, once I lose $100, I will leave without adding a penny. What is interesting here is that even if I win, I stop and do not deviate from the scope of the plan. In such situations, especially when winning, the gambler may become greedy, and this may change the course of the game   .

What do you think of this method?
Is there anyone among you who does it?
Give us one of your winning strategies, of course if that is possible.
It's quite a good strategy reading it, but the main problem here will be the implementation of this strategy. Many gamblers don't always have a good day at the bet shop during the week, so whenever luck is on their side and they are winning on that particular day, even if they have seen double of their capital they won't won't stop. Come on it's your lucky day, keep going you might recover the money you have lost during the week. But if you go to betting shop and you lose your budget for the day don't go and get more money, stop playing for that day. This is one of my guiding principles when it comes to gambling.

It's actually not a good strategy and that's what every gambler thinks before joining the casino. I have been and am witnessing many of my friends fall into that situation. In the beginning, we will all plan that win or lose, we will only play with that amount of money, on that exact game, at that exact time...and then we will leave casino. But when we enter the game, we will be blinded by greed and lose our reason. If we win, we will think we are lucky and don't want to miss this opportunity, but if we lose, we always want to find a way to get revenge. But in the end there is only one result: loss because once we cannot control our greed and reason, there will only be losses.

It seems very easy to say, but when we encounter the situation, we see that it is not easy to do.
112  Economy / Gambling discussion / Re: What is the least risky gambling game at online casinos? on: April 27, 2024, 08:59:58 AM
Gambling is definitely about risk however the level of risk differs from game to game. However the risk kind of depends on two things which are the amount of cash you staked and a majority of times the odds.if you should observe closely you would notice that stakes with bigger Odds usually have a higher level of risk especially when it comes to predictions in sports betting. Sometimes the odds can be very fancy especially when the potential win is quite large.

Therefore as a gambler managing odds and the amount you are staking us very important especially for games like sports predictions where most of the winning chances are based on luck other than analysis.

If a gambling brings little risk to the player then it means the house will make very little profit, so I don't think any bookie would want to create such a game.

I agree with you, big or small risk will depend on the capital we bet and our odds. We cannot ask for low risk while wanting to win a large amount of money from the house, that will never happen. Gambling and investing are different, but they are similar in that if you want big profits, you need to accept big risks. Don't be greedy and ask for a game or an investment that can generate big profits but low risk.
113  Economy / Gambling discussion / Re: Will you depend on game predictions by supercomputers? on: April 27, 2024, 08:48:38 AM
I am sure casinos will find a way to counter AI, and the most straightforward way to do this is to make use of AI themselves, after all AI depends on three things, the algorithm itself, the hardware in which it runs, and the data that you give to your AI so it can generate a new predictive model.

And in those three aspects casinos are above the average player by a significant margin, so I do not think there is a lot of people which can make use of AI to beat them.
Yes, casinos will not lets that happens for some time. They will search for the newest technologies that can helps them to counters AI and do many things to make sure they can still make a profit. Although AI will grow and even evolve, that doesn't means casino will not do the same thing because casino will use AI too like the gamblers to prevents gamblers wins the money.

Even if many gamblers use AI to wins the games from casino, that will not makes many of them can really wins the games because many of them will fail and lose their money. Their money will belongs to the casino without have a chance to recovers their lose. They will not realizes about that and will search for the other ways to beat the casino even if they must try one by one of the AI to find the AI that works with their plan.

Just to put it simply like this, just like many people use AI to write reports and comments, there will also be tools to check whether those reports and comments are created by AI or not. While some hackers create viruses to steal information and user data on computers, there will also be people who create anti-virus software...So, never naively think that just by using AI or supercomputers we can win the casino and make money from it.

In addition, whether the prediction comes from AI or a supercomputer, in the end a prediction is just a prediction, there is no guarantee that using AI to predict will bring accurate results. Once we talk about the future, no one can know anything unless God appears to tell us about the future, and AI or supercomputers are not gods, they are just tools created by humans.
114  Economy / Speculation / Re: Will BTC hit 1M ? on: April 26, 2024, 11:01:45 AM
Most of people want microwave results and most of them are not patient
It is Clear that bitcoin will be the only Currency for payments
Like there will be no Cash or VISA

You can clearly see here on Bitcoin Rainbow Chart https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/
That soon will hit 100k EZ and to 1M on Future

Be a Smart and Wise person Invest an amount for your Children Future on a Cold Wallet and never move those coins till your kids finish High school
So like 15-20 Years from now !

Many people limit their profit by not taking the right actions but trust me every penny worth
Even if u have low budget to invest for your kids do it , and save it for more than 15-20 years
e.g if u put today 100$  on BTC to save for ur Kids future , when they are 20 years that 100$ will go up and down in hours as bitcoin will hit High price

Dont be blind open your eyes

Well i also notice this and i believe that people who buy BTC on its early stage and hold it for long time has now millions imagine, how high the btc go up and those who buy on year that the price of btc is still low and sell on year 2017 or 2021 they surely got a very big return from thier investments, so buying btc and holding it for 10 to 20 years is a good idea, i believe that it will become profitable and it will become a good investment because btc is always rising, sometimes it will hoes down but it will come back with much higher price.

Bitcoin has been around for 15 years and it has brought millions of percent profits to early investors, but that is no proof or guarantee that bitcoin will continue to exist in the next 15 years.

Those who bought bitcoin 10 years ago were people who were willing to accept the risk that if bitcoin did not succeed they would lose everything because they did not know what the future of bitcoin would be. So, if we intend to invest in bitcoin now and hold it for the next 10 years, we also need to accept the same risks as the early investors. In addition, we need to know that buying now will be much riskier than 10 years ago, so don't be too subjective and invest everything in bitcoin. The future is unpredictable, don't be too subjective just based on history and think it will always repeat in the future.
115  Economy / Speculation / Re: Simple prediction: 2024 bitcoin at 200.000 dollars on: April 26, 2024, 10:45:12 AM
I personally think price will be at least twice that.
That's sad to read my comment from years ago again since today I do not think $400k this year is as possible as I thought back then because of the way global economy is struggling with recession thanks to all the interest rate manipulations and conflicts that keep on growing.
Once it's called a prediction, it means it will be right or wrong, so there's nothing sad when our prediction is wrong. But even when everything goes smoothly, like there is no more war, the Fed lowers interest rates, the world economy enters a recovery phase and prepares for a new growth cycle. Bitcoin reaching $400k is also very unlikely and I never dared to think about it although I also expect a super bull cycle next year.

400k$!, that is truly a huge number and imagine if bitcoin can reach 400k$, how big will the entire cryptocurrency market be by 2025? We won't grow that fast.
116  Bitcoin / Bitcoin Discussion / Re: Would you advise a friend in the same way? on: April 26, 2024, 10:36:53 AM
Is this the wrong advice? A friend of mine took over his father's company because he is so old already and he told me about the money thats available doing nothing in the bank.
And I'm sure your friend is not someone who is capable of running a company independently and if he insists on managing it, his father's company will become even more chaotic. It is not easy to develop a company and if someone does not have experience then he should look for other ways.

I told him to think about investing that money if he wants to keep the company growing, I told him about how MicroStrategy is doing so well using Bitcoin as a strong backbone of the company, I believe that even a small company can turn big if they use Bitcoin as their main investment.

Or am I wrong? I need to know if this advice is a good one or a bad one, I gave him this advice because we are very close and also because I will do the same thing if I am in his shoe, this is the best thing i can think of right now.
Your advice is very risky and we never know how the company's finances are, so when he invests money the impact he receives will be much different. Comparing MicroStrategy with his father's company is completely irrelevant and we don't know how the company moves to fund employees, office needs or other unexpected costs.

Your advice is not wrong, but it is much riskier to do, especially if your friend doesn't know about investing. Giving this kind of advice can be dangerous for you because if he loses a lot of money while investing then you are the one who will be blamed.

If you think OP knows nothing about his friend's company and makes a lame comparison between a small company and MicroStrategy. So how can you say OP's advice isn't wrong? Frankly, it's bad advice and the OP was only stating his thoughts and wishes, he never put himself in his friend's shoes to give the best advice. 

Personally, I think that if we do not have financial knowledge or experience, we should not give indiscriminate advice to others because sometimes it will harm them. Just because we are bitcoin investors doesn't mean we have enough knowledge to give anyone financial advice.
117  Bitcoin / Bitcoin Discussion / Re: Will the number of new investors reduce? on: April 26, 2024, 10:17:29 AM
I don't think that new Bitcoin investors will decrease in the future, seeing the potential of Bitcoin in the future makes many retail investors interested in entering this market. Maybe right now many of these retail investors are still waiting and seeing what market conditions will be like, but if the market shows bullishness later, I'm sure that they will immediately enter and invest their money. It just takes time.
I really agree with you, looking at the development of Bitcoin, those who are new to Bitcoin will of course use Bitcoin as their future investment because this is very useful for their future, for some people who are new to Bitcoin of course they have to look at Bitcoin's price experience. New increases are thinking about learning about investing in Bitcoin and if they choose to start their investment when the market is bullish of course they must be able to hold their investment when a market correction occurs and must keep holding it so as not to panic and sell at a loss.

That will depend, because bitcoin is a financial market and not everyone who invests in bitcoin will win, winners will stay and losers will leave. But in the short term, new investors will soon increase because every time the price of bitcoin increases, it will always attract a large number of new investors because in this world there is no one who does not like money, especially making quick profits. But then when the market reverses and the bull season ends, some will leave and some will stay. This cycle will repeat many times and that is the nature of the financial market.
118  Bitcoin / Bitcoin Discussion / Re: I don’t like the term “crypto” on: April 26, 2024, 10:10:03 AM
Yes. But thinking further about this; Even if Bitcoin was not called crypto and it stood in its own, people will still call it scam and say all sorts of things. This is because some people have been scammed in Bitcoin and so they perceive it as a device for scammers. I mean people who have been scammed of their Bitcoin. Make no mistake, they are ignorant about it because in the actual sense, Bitcoin is just money and it’s not the cause of the scam.
I want to say this? that fraud has occurred long before bitcoin was launched and in fact there have been many cases of fraud, including those involving fiat currency itself. Ordinary people do not know why they are cheated because perhaps the knowledge they have, so they give the same value is all related to the fraud they experience. Even though this fraud is individual in nature, it is carried out by individuals and they themselves are not able to verify its truth before deciding to do it.

Bitcoin is not a moving object and automatically it cannot deceive people, in fact people use Bitcoin to deceive stupid people who are unable to compare its truth value. Long before Bitcoin developed rapidly, there were many types of fraud that occurred and people didn't even know they had been cheated. The reason is because people don't try to find out the level of truth so it's easier to find ways to cheat.

Scam happens between people, so it can be said that scam comes from human behavior, while bitcoin, fiat, altcoin... are all just tools for scammers to use to scam others. Even if bitcoin and altcoins did not exist or only bitcoin existed in this world, there would still be scams.

Those who blame bitcoin or altcoins for being scams are people who lack knowledge and are stubborn, unwilling to admit their mistakes because they are too greedy and fall into the traps of scammers. Scammers and those who get scammed all come from their own greed, don't try to blame any tool just for your stupidity.
119  Bitcoin / Bitcoin Discussion / Re: If someone you introduced to BTC says the risks of her funds is on you on: April 26, 2024, 09:43:30 AM
It’s funny how people feel safe when they have their money in centralized platforms, and feel uncomfortable trusting decentralized systems. My advice to you is do not accept such terms, if your neighbor really wants to invest in bitcoin, she should be willingly to take responsibility for the risks, potential losses and profits of the market. I normally advise people to refrain from having such financial dealings with friends and family.
 

We shouldn't blame them because they don't really understand what decentralization is, they don't understand how it works and the difference between decentralization and centralization. It took us bitcoin investors years to fully understand and trust bitcoin, so we shouldn't be too quick to blame those who are just hearing about bitcoin for the first time and haven't done any research about it.

Also, I don't see the need to give financial advice to someone because even we have no guarantees about our own investments. If they have investment needs, provide them with documents and knowledge, and let them decide for themselves instead of us deciding for them.
120  Economy / Speculation / Re: If China Supports Crypto, Where Can Bitcoin's Price Go? on: April 25, 2024, 02:12:09 PM
We’ll get a good idea about what sort of support will be coming from China on April 30th and the days thereafter when we see what sort of money flows are going to be generated from their new ETFs. I suspect we won’t see what we’ve seen here in the US as far as demand initially, but as more and more investors get access to BTC, the price will inevitably rise.
The US is the world's largest financial market and also the world's financial center, so no country will have greater influence than the US market. What we are waiting for is that the Chinese market will increase the number of traditional investors in bitcoin, from which the popularity of bitcoin will spread further and will impact the price of bitcoin. Hopefully we will receive good news as well as positive impacts when ETFs are traded from the end of this month.
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