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101  Economy / Speculation / Re: Is June a Downturn for the Crypto Market? on: June 14, 2024, 10:31:34 AM
Acceptable or not, in the early of June the cryptocurrency market get downtrend and this middle week bitcoin get crash few percent make many altcoin decreasing more than 10%.
Need more patience in this month after bitcoin failure break out above $72k and make bitcoin getting down drastically under $66k yesterday price, left two weeks for the month of June and waiting what the progress in the next few weeks later will bitcoin get increasing or decreasing price make some altcoin have downtrend moment.

I hold some altcoin recently after yesterday price decreasing and expected take profit as soon possible without waiting until the end of this month, its difficult looking portfolio assets get downtrend day by day and difficult some top altcoin break to higher price following with bitcoin still on downtrend moment.

I don't think bitcoin falling from $72k to $66k is a significant correction and should cause us to panic.
I think those who are feeling discouraged, frustrated and think things are getting worse are the ones who are investing in altcoins instead of bitcoin. It's easy to see bitcoin hasn't dropped too much in recent days, but many altcoins are seeing serious dumping, some even going back to prices when bitcoin was priced at $30k last year.
I found this year to be a difficult year for the altcoin market as everything revolved around bitcoin while everyone was investing in altcoins.
I think OP is also investing more in altcoins instead of bitcoin because like I said, bitcoin is not falling too much and not scary enough to be pessimistic.
102  Economy / Speculation / Re: Where is the bullrun??? on: June 14, 2024, 10:19:22 AM
Code:
Where is the bullrun???

Code:
I can't see a reason for believe that BTC will explode in short-term. 

In short, what you want to know is when will bull season come? And are you expecting bitcoin to increase in price in a short time to make you rich quickly. Is it right? If that is what you are expecting then I think you will soon fail with your speculation.

By the way, none of us know where the bull season is and none of us are expecting prices to increase in the short term. We are all long-term investors and we are waiting for the bull season to come although we don't know when it will come, but we have faith in bitcoin and believe it will never let us down in the long run.

I guess you invested in bitcoin because you believed in the rumor that bitcoin would increase in price immediately when the halving happened, but things didn't go as you expected and you started to get disappointed.
103  Economy / Speculation / Re: plant a tree, when bitcoin price increase new record $1k on: June 14, 2024, 10:01:20 AM
Why would we even wait for the price to increase? if we really want to save the planet or plant a tree we doesn't need to wait for anything or for a sign.
What's the connection between Bitcoin and tree?
I mean it isn't a bad thing, but if people really want to do it they would do it without waiting for anything.

There is no connection between bitcoin and trees, and this is simply the idea that motivates us to actively plant trees when combined with our passion and passion for investing in bitcoin.

You are not wrong when you say that we should not wait for the price of bitcoin to increase to think about planting trees to save the earth, but are you willing and proactive to spend time planting trees without motivation? Like you say we should plant trees whenever possible to save the earth but are you doing it every day or are you criticizing others but you never make time for it? Motivation or catalyst is an important factor for us to strive to complete any task, so the OP's idea is not so bad.
104  Economy / Gambling discussion / Re: ⚽ UEFA Euro 2024 in Germany ⚽ - Qualifiers👉Group Stage on: June 13, 2024, 06:58:59 PM
Portugal in Group F and the opponent teams seems not an easy group behind Georgia as the debut national teams success qualifying to Euro 2024 and has two difficult opponent teams Turkiy and Czech Republic national teams.
First match, Portugal will face Czech Republic and the winning on friendly match against Ireland as good opportunity to secure first three points and make easily for leading the Group F standings position, has difficult opponent teams for Portugal against Turkiy on second matches in Euro 2024 but getting two consecutives winning will make automatically qualified to 16 of round.
Cristiano Ronaldo on confidence performance for the first match after success scoring two goals against Ireland last match, will be the sweet memorize for him on the last appearance in Euro 2024?

Group F teams

  • Turkey
  • Georgia
  • Portugal
  • Czech Republic
Portugal, which is in group F, may have the potential to qualify from group qualification. But not because this is a group filled with easy teams. Because there are Türkiye and the Czech Republic which are also quite strong. but indeed Portugal has a FIFA Rank above these three teams. Georgia is at the bottom of the FIFA rankings. But the quality of the national team may be different from their ranking in FIFA. So the results will remain difficult to predict.

But maybe we are all optimistic that Portugal will be able to qualify from this group stage. And actually I want to see Cristiano Ronaldo get sweet memories at Euro 2024. Because maybe this could be his last Euro with the Portuguese national team.

Let's be honest, we all want Cristiano Ronaldo to have a good memory with his national team and that’s why we all want to see Portugal too well in the competition. Even those who are not big fans of Cristiano Ronaldo agree that the way his career is turning out right now is actually not something we expected and also not something that is Fair. Probably we all also agree that as one of the best players in the world, he deserves to have some good memories at the end of his career.

By the way, I also think that Portugal will be a bit qualified from this group. Does not seem to be so hard of a group for them to qualify from. But we have seen a lot of surprises happening in football. So I don’t think we can say anything for certain.
105  Bitcoin / Bitcoin Discussion / Re: Can you pay for car repairs with Bitcoin? Why not :) on: June 13, 2024, 09:23:13 AM
Nice idea to implement bitcoin payment into your business,  but the truth is that,not many customers will want to pay for repairs using bitcoin, since bitcoin transactions fees could sometimes exceed that of banks, and if I am to patronise your shop, I will not pay with bitcoin,  and rather pay with fiat currency,  reason is that, in my country,  banks transfers are free and instant,  most especially when using a fin tech wallet.

Exactly what I was thinking because it will be very difficult convincing customers to pay with Bitcoin, though I love the idea but considering the fact that every transfer of Bitcoin normally involved fees so it will actually be difficult for people or rather customers to accept that mode of payment and also another barrier to could also possibly affect that method is that not all the customers would actually know what Bitcoin is all about and there is no way customers will accept a mode of payment they have no idea of because there countries Bitcoin is not generally accepted and perhaps it could be that is only few groups of people that are into it there so making it a mode of payment will actually not work.

In addition to high transaction fees, many people do not know about bitcoin, these are barriers that make many people not want to use bitcoin to pay when repairing cars at OP's store. I think bitcoin's volatility is also a barrier that makes people not want to use it for payment. If yesterday you bought bitcoin for 70k$ but today it dropped to 67k$, would you want to use bitcoin in this case? Obviously, no one is generous enough to do this because we would have to spend more money compared to using fiat.

OP is doing the right thing because at least he is making bitcoin more popular but convincing people to use bitcoin as a means of payment is still a challenge.
106  Bitcoin / Bitcoin Discussion / Re: Do not get discouraged by the current price of Bitcoin on: June 13, 2024, 09:10:00 AM
You should not blame anyone who says bitcoin is a scam, but you have to understand very well that bitcoin is not a scam but people who is around and who is not care and ready to see Bitcoin as a sincere currency or a legit currency will think that cryptocurrency mostly Bitcoin is a scam, why when you go deeply to understand the procedures of Bitcoin you will know very well that bitcoin is not scam, the people who always bring up this kind of matter of bitcoin that bitcoin is a scam is people who always be in government or politicians, before I started investing in bitcoin even began to accept Bitcoin in my business, I have already made a proper research of Bitcoin.
Sometimes we don't need to listen or blame people who think Bitcoin is a scam, because it has appeared a long time ago when Bitcoin started to get a lot of people's attention and these people may be confused or don't get the right information about why Bitcoin's price fluctuates, fiat also experiences the increase or decrease in intention compared to other fiat but it is not as big as Bitcoin, and what makes people start to say or also think Bitcoin is a scam when the price starts to fall when people think the price will continue to rise. Not only is Bitcoin a scam, but the Bitcoin bubble is also spreading to people, not just those who work in government, and we shouldn't have to worry about this.

If a few years ago someone called bitcoin a scam, I would take the time to explain it to them and maybe sympathize with their ignorance. But up to now, if there are still people saying bitcoin is a scam or a bubble, I think we should ignore and stay away from them to not let them waste our time. Many governments have legalized bitcoin, many organizations also openly invest in bitcoin, and Bitcoin ETF has been approved and announced worldwide, I believe that with social networks being as popular as they are today, everyone knows about that news. So, if someone still stubbornly calls bitcoin a scam, a bubble, it proves they are just jealous of us and the more these types of people should stay away, the better for us.
107  Bitcoin / Bitcoin Discussion / Re: What will Bitcoin look like in the future? on: June 13, 2024, 08:47:49 AM
El Salvador did not make bitcoin their only currency but one of their currency to exist together with their fiat.
Yeah, but most of the population in El Salvador do not use BTC, they don't even truly understand how it works, so many of them only downloaded the Chivo wallet to claim the $30 bonus attached to it, and afterwards they never used the wallet again or used BTC even in a different wallet. I may not call El Salvadors BTC plan a failure yet, but it is far from being a success and close to being a failure, so yeah.

Are you from El Salvador? How do you know that people there aren't using bitcoin?

They accept bitcoin as legal tender doesn't mean they only focus on using it as a means of payment. We ourselves prefer to use bitcoin as an investment instead of using it as currency, why don't they have the right to do that? Additionally, you can also see that their government is also trying to accumulate bitcoin by buying 1 BTC per day, proving that they are also focusing on using bitcoin as an investment in addition to using it as a currency. They accept bitcoin as a means of legal tender and create a bitcoin city, what they want is to expand the tourism industry, attract investment capital...not just turn it into currency. Therefore, it cannot be said that they are failing and have not achieved anything.
108  Bitcoin / Bitcoin Discussion / Re: How to get a crypto asset? on: June 13, 2024, 08:28:08 AM
OP, did you read the name of the board you raised this topic. Its even annoying because the topic seems a little interesting but when i jumped and read what you have said i wasn't wondering how does that relate with the topic. We all have our various problems and where the shoes pain us, but we keep them to ourselves by finding way personally to solve them, this forum does not raise funds for someone to pay debt especially 70k USD debt. And you have such a nice skill, put them to use in the service board someone may need your services and you will get the 150$ you need and even more.

If he really has such great skills, why can't he repay the debt himself? For someone who is confident that he can make money easily but cannot pay off his debts and starts asking others for help, I believe he is just a stupid scammer. I even doubted he was a gambling addict, because only a gambling addict would dare to claim that he could win thousands of dollars from $150. No trader would dare to make such bold statements, even professional traders and only gambling addicts would dare to make statements without this thought.

From what the OP has said, I don't see any credibility and he deserves help. You should not refer him to the service board, you are just giving instructions to scammers looking to scam others.
109  Economy / Economics / Re: The choice of investment is dependent on your region of residency. on: June 13, 2024, 08:10:03 AM
~snip

~snip

Another fact is, experience is something that can never be bought anywhere which is one of the important thing needed to become successful not just in crypto but in any sector.

Maybe that formula helped them succeed, but that doesn't mean that when we apply that formula, we will also be as successful as them. Indeed, experience is something we need to get by experiencing it ourselves and cannot be bought no matter how much money we spend. That's why I believe there is no general formula for success and each person will have their own path to success. Don't try to imitate or copy anyone, but find your own path to success, which is also the reason success is never easy.

Many people even spend time and money to buy and read hundreds of books about getting rich, and participating in enrichment courses. By that action, we only enrich others, not the way for us to enrich ourselves.
110  Economy / Gambling discussion / Re: Germany League - 2nd Bundesliga Prediction Thread on: June 13, 2024, 06:47:15 AM
Klose is probably the oldest player to actually play in the World Cup ever. Oldest player to play the World Cup from Germany for sure if not the oldest to play in the World Cup in the whole world.  we can easily say that he has a lot of experience. It is probably expected from him to bring in good results with so much experience. But it is going to be really hard to get a team that has finished in the 12th position in the Bundesliga 2 to get them promoted. it is going to be a long and tiring journey. Let’s see if he has what it takes to actually get his club promoted to the Bundesliga.
LOL, not even close.
Klose retired from the German team in 2014 when he was like 37 or something. Countless other international players with a higher age competed in world cups. There have also been several older German national players by the way. I don't know why you even came up with this statement since it can't be more wrong, haha.

Anyway, very surprised to see close to join Nürnberg. I thought if I ever see him coach somewhere it would be Kaiserslautern.

Klose has played his last World Cup at 36 years of age. We generally do not see that. And especially at that time when Klose did play for his country in the World Cup at 36 years of age, it was not very common if I am not wrong. The oldest player who has played in the World Cup is probably from Egypt.

Yes, there are countless players who have probably played in the World Cup being much older than him. But Klose is the name that comes to the top of my mind when I think about really old players playing in the World Cup. Maybe it just stuck to my mind because it is not a regular thing to see a 36 year old being the main striker of a team like Germany.

The decision for him being the coach of Nurnberg has already been made. I just wish the best for him.


Since retired from national teams and football career, Miroslav Klose have been assistant manager Germany national teams in 2016 to 2018 and becoming head coach for Bayern Munich U18 and season 2020/21 promote become Bayern Munich senior teams assistant. Klose has much experienced as assistant manager and he learn more tactician from several top manager make him confidence accepting offer become FC Nürnberg head coach for next season.

Actually FC Nürnberg performance in this season not really quit well, finished on 12th standings position place and appointing Miroslav Klose has target promote to Bundesliga next season.
Its not easy challenge because have fight with 18 teams participants and FC Nürnberg must finish on 1st or 2nd place get automatically promotion ticket to Bundesliga and seems difficult if finish on 3rd place because have to face with third bottom standings team of Bundesliga participants.

It is definitely true that it will be better for them if they can actually get promoted without having to go through the promotion playoffs. Because it is definitely not going to be easy for them to win against a club that has played in the Bundesliga. I think getting promoted is going to be hard for them in general. They have a long way to go and the improvement will have to be big for them to get promoted.
111  Economy / Gambling discussion / Re: ICC Men's T20 World Cup - 2024 #Cricket Prediction and Discussion on: June 13, 2024, 05:55:37 AM
I am looking forward to tomorrow's match between West Indies vs New Zealand. If New Zealand wants to qualify for the next round, they need to beat the West Indies at any cost and get full points. Because the New Zealand team lost the first match against Afghanistan by a big margin of 84 runs. The New Zealand team managed to collect only 75 runs. So the New Zealand team will have to win the next three matches by a big margin.

The West Indies team is in pretty good shape I would say. However, the West Indies team has not yet faced a strong opponent. West Indies team won two matches easily against Uganda and Papua New Guinea. Now Afghanistan and West Indies from Group C will qualify for the next round if they defeat the New Zealand team. It is a do or die match for New Zealand.
Afghanistan's qualification is very easy as they have two matches left, one against West Indies and another against Papua New Guinea.  If the equation with West Indies is difficult but the equation of Afghanistan with Papua New Guinea is much easier.
West Indies have two matches, one against New Zealand and the other against Afghanistan.  If West Indies can beat New Zealand in today's match then they will qualify without any tie.  So today's match is definitely a very important match between New Zealand and West Indies.
However, New Zealand's first match was so bad that the loss of that match had a huge impact on the subsequent matches and their net run rate dropped a lot due to which they are at the lowest position in the points table.  New Zealand's chances of qualifying for the Super Eight are very slim.


source: Grassroots Cricket

The result of the West Indies versus New Zealand match has surprised me, to be honest. First of all, I thought New Zealand should have done much better to finish off West Indies. There was no way anyone actually thought that West Indies was going to reach 149 after they had lost the ninth week at 112. and even the way they started, it was really horrible. The whole West Indies innings was a one-man show. Rutherford was the only one playing like the pitch was batting-friendly.

New Zealand also did not start very well. But the start was definitely better compared to West Indies. The problem is, New Zealand was losing wickets at regular intervals. And even though Santner tried to score quickly, he did not have enough support around him later in the innings. In the end big win for West Indies
112  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: June 13, 2024, 04:57:20 AM

Quote
Milan are ready to match Tottenham's 18m demands for Emerson Royal
Source: Yahoo Sports

Seems like a good deal. Especially at a time when the players are so expensive. Maybe Emerson Royal is not that expensive just because he is a defender. But you know Royal has good potential, and he is only 25 years old. So undoubtedly Royal will be able to give his service for a long period of time. He has also played with Tottenham. So he has an idea about how to play with and against big clubs. Even though he might not be a regular feature. The defense of AC Milan was not good in this season. They have conceded 49 goals which is a lot higher compared to the teams that have finished on the top of the table. So it is good to say that they are actually interested in improving the defense of the squad.
113  Economy / Gambling discussion / Re: Germany League - 2nd Bundesliga Prediction Thread on: June 12, 2024, 03:36:41 PM


Quote
Germany legend Miroslav Klose has been named as the new head coach of Bundesliga 2 side Nuremberg.
Source: Bundesliga

Klose is probably the oldest player to actually play in the World Cup ever. Oldest player to play the World Cup from Germany for sure if not the oldest to play in the World Cup in the whole world.  we can easily say that he has a lot of experience. It is probably expected from him to bring in good results with so much experience. But it is going to be really hard to get a team that has finished in the 12th position in the Bundesliga 2 to get them promoted. it is going to be a long and tiring journey. Let’s see if he has what it takes to actually get his club promoted to the Bundesliga.
114  Economy / Gambling discussion / Re: ⚽ Premier League 2023/2024 Discussion Thread ⚽ on: June 12, 2024, 12:22:13 AM
-snip

I'd rather call him as a hero for the club. Chelsea might not finish at the six places without him. He is not only scoring a lot this season.



Palmer is also an excellent player. From 33 matches palmer made 22 goals and 11 assists. This player is insane consider he is still very young, cole pamer was even carrying the club . Without a doubt, Pep was dissatisfied with the choice to allow him join Chelsea.

This is also the key reason why Manchester City has denied Chelsea's request to sign Alvarez because the club worries if alvarez gonna play better once he will join in chelsea.

Palmer is not only scoring, but he is also leading the attack on Chelsea. He was a hero to the club. Chelsea may finish in 10th position without him. Chelsea needed someone like Ancelotti to properly develop their young potential and turn them into superstars.

That sads chelsea took maresca as a new coach. Im doubting maresca's capability to develop the young player.

Cole Palmer is definitely a hero for the club. he has done incredibly well and I absolutely agree that without him Chelsea probably wouldn't have been able to show the good performance that they have done towards the end of the season.  it was almost like this one man was carrying the whole Chelsea team on his back. To me, at one point it really looked like Palmer deserves a better team than the one he is in right now. his contribution to the Chelsea club in this season was absolutely incredible.

I am also very much concerned about the new Chelsea coach Maresca by the way.  the last few coaches Bruno Saltor, Frank Lampard some others that Chelsea has actually chosen were not very good.  that is also a big reason why I think Chelsea has not been able to bring in good results.  By the way, if the new coach is unable to bring in good results, The atmosphere in the club is not going to be very good.  and that is also eventually going to create problems in the development of young players.
115  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: June 11, 2024, 04:45:22 PM
Several teams that were previously very interested in bringing in Osimhen finally withdrew one by one from the competition, after previously PSG was rumored to be very interested in bringing in Osimhen as a replacement for Mbappe, but in fact at this time we no longer hear of any moves that PSG is making to be able to bring in Osimhen next season, I think PSG interest in Osimhen is also starting to disappear after previously Napoli said it would not sell Osimhen and Osimhen He also stated that the contract extension he made at the end of December was proof of his loyalty to Napoli.
-snip
Quote
Currently, Chelsea and Arsenal are also backing away from their desire to get Osimhen from Napoli, although now Napoli clearly hinted that Osimhen will be sold because it is likely that Osimhen is not included in Conte plans next season, Conte desire to bring in Lukaku is of course a signal if Conte prioritizes Lukaku as their main striker next season rather than Osimhen,  Even Napoli has offered Osimhen to Chelsea as a way for them to get Lukaku by also including a lot of money for the transfer, but Chelsea actually refused because they saw Osimhen price being too expensive, after Chelsea, now Arsenal is also withdrawing from the competition to get Osimhen because Napoli asked Arsenal to pay Osimhen for 90 million euros plus Tomiyasu and also Smith Rowe. 

If it's the way Chelsea is trying to flush out some players, I don't think they are going to be ready for such kind of deals. Pochettino spent money to acquired some players and they didn't get anything, better they go for some mid ones and invest in them and funny enough how their president was hyping the sales of Osimhen last season, it would have paid them off been sold and later blame for his absent is why they didn't performed well than keep him without getting anything. I heard that Khvicha will be leaving the club this season as well.


Quote
PSG are unlikely to sign Khvicha Kvaratskhelia from Napoli this summer. Napoli won’t lose Osimhen and Khvicha in the same window.
Source: Yahoo Sports

Bad times for Napoli for sure. even though they do not want to lose two of the most important players that they have in the team, they might just have to. Because the players are probably not wanting to stay at Napoli. Osimhen wants to leave for sure. because he already wanted to leave before this season but Napoli made him stay and he also stayed because Napoli was the champion of the Italian League. But now this club does not have anything to actually make them stay.  they are not even Going to play in the Champions League competition. well, they are not playing in any kind of European competition let alone the Champions League. So I don't see any reason for these two players to actually stay in this club when they can get good offers from better clubs.

By the way, let me clarify that I do not consider an offer from PSG a better offer.
116  Economy / Gambling discussion / Re: ⚽ Premier League 2023/2024 Discussion Thread ⚽ on: June 11, 2024, 04:35:10 AM
Quote
Cole Palmer's performance was one of few bright spots for England in Friday's 1-0 loss to Iceland. The 22-year-old followed up a goalscoring full debut against Bosnia and Herzegovina with another eye-catching showing on a difficult evening at Wembley.
Source: Skysports

One thing that I was not surprised by at all was Cole Palmer being the second highest scorer in the English Premier League. He is a really great player and I think he might actually deserve a better team than Chelsea. The way he scored those goals, some of them were really good. There is a reason why people call him the Cold Palmer Cheesy. Only if Chelsea actually had a better coach and was able to perform a little better. I am pretty sure if Chelsea could have performed the way they performed towards the end of the season, they could have easily been in the top four. 

But anyway, the team was unable to bring in better results from the start, and in the end, the performance of a few weeks are never going to be enough for a club to overcome the bad performance that they have put on the whole season. Let's hope that the next season is going to be better from them in the next season.


Premier League Official
117  Economy / Economics / Re: USA lose oil but will replace with btc and crypto on: June 10, 2024, 02:59:35 PM
Oil is also known as black gold and it is even more important than gold or any other resource in the world so I don't believe America will stop paying attention to it. As mindrust said, the demand for oil is huge, it can be said that the whole world needs it, while many people today still do not need to know bitcoin but can still be rich and have a normal life.

Think about what the world would be like without oil, while the world would be fine if bitcoin disappeared. This is a lame comparison because the roles of oil and bitcoin in our world are completely different.
118  Economy / Economics / Re: The choice of investment is dependent on your region of residency. on: June 10, 2024, 02:49:23 PM
If one intends to make a first time investment into any venture,
it is always wise to seek professional advice from experts and brokers who can help you plan, execute, and manage ones investments into any area, so that one would attain their investment goals faster  irrespective of the region of residency.

Let's discuss!

I would say it's not necessary, professional investment advisors don't know your specific interest of investment and they maybe an old school investor who don't know the real potential of crypto investors so I suggest do your research on your own instead of giving the decision making to someone else because you only know what you want and how much your risk tolerance than anyone else.

I agree, even though advisors have knowledge about business or investing, it doesn't mean they know everything or are always good at everything. If they are really so talented, why don't they start their own business, and become consultants?

Once we decide to venture into any field, we need to understand it well and be confident in our knowledge. Relying on others shows that we do not believe in ourselves, how can we succeed?
Talking about cryptocurrency investment, I even believe that there will not be too many advisors and financial experts who know about it, let alone give us advice. Personally, I would rather bet on myself than bet on someone else.
119  Economy / Economics / Re: Should there be a limit to investing in your children? on: June 10, 2024, 02:41:22 PM
There is a current trend in my country where parents are doing everything financially possible to give their children the best education. Some parents have gone to the extent of selling properties or taking loans to send their children to some of the best schools in and outside the country. I have spoken with some of them, and the reason they give is that this child will get good jobs and take care of them in the future.

I had to bring up this issue because most of them are becoming disappointed and depressed. In my location, children are seen as an investment because they have the responsibility to take care of their parents when they are retired, old, or unemployed. So parents will want to invest high in education because they think it will bring high returns. Many of these students who attended prestigious schools end up becoming unemployed and are still depending on their parents to survive. I also assume that many of them regret going the extra mile to give their children the best. They have lost money and are also in debt but their children are still dependants.

Do you think parents should have a limit on the amount they can invest in their children?
I would assume you're living in an Asian household like mine, possibly Filipino, cause it's very common for pinoys to treat their kids like they are insurance programs that would allow them to retire peacefully when they can't work anymore. They'll still take care of their kid like a normal parent would, but will put unnecessary pressure on the kid by always reminding them that they either have to support their parents when they grow up so they can retire peacefully, or they have to be successful so they can support their siblings which is really fucked up in my opinion. Setting the kid like that as the breadwinner of the family when it's not the kid's choice to be born in the first place is just a new level of messed up for me, and is definitely something we need to relinquish.



It is true that this world is colorful, and this is the first time I know that there are many parents who impose their thoughts and pressure on their children to become the breadwinners of the family.

My family has 2 brothers and we have never been forced by our parents to do anything, including taking care of them when they get old. Now that we are married and have children, they still worry about us, they even help us take care of our children and support our daily needs even though we have never asked them to do it. They don't ask us for anything other than the best care for their grandchildren. And me too, I always tell my children to always try to study well and always make efforts in life. But it's not because I want them to take care of me in my old age, what I want is for them to have a better life than our current life.
120  Bitcoin / Bitcoin Discussion / Re: Converting altcoin profits into Bitcoin? on: June 09, 2024, 12:57:49 PM
This is one of the mistake most people normally make in terms of Bitcoin investment, instead of start immediately they would always look fot other alternative, however there is no probability that within an interval you are talking about there would be profit from those altcoins, so perhaps so long as your invested capital is still intact there is no need waiting to get profits from those altcoins before diversifying it into Bitcoin investment.
It seems like the OP just started with the current price of Bitcoin, so I don't think that's a mistake; everyone has different power to invest financially. Why not use alternative ways if they can also be effective for achieving goals?

Many people consider investing in altcoins to be a bad and wrong idea because investing in it can be risky, OP will even lose money before thinking of converting to bitcoin. But they missed a signal that the bull season is approaching and if the bulls really return, OP's investment strategy will bring better results. If we were in a bear season this strategy would be terrible but we are very close to a bull season.

OP is not wrong in saying that bitcoin will only be able to bring 2, 3 times profit from this price while some altcoins will bring 5-10 times even 100 times profit if history repeats itself and season price increase come.

I agree that this is too risky a strategy but it is his decision, and just because he is not invested in bitcoin like us doesn't mean he is wrong and we are right. In investing, what matters is the final profit we receive so whoever has the higher profit is right.
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