I saw this on X, and I decided to bring it down here for discussion, because when there is high fee in bitcoin transaction due to spamming on the blockchain, a lot of silly things are done just to get their transaction confirmed.
I know that due to the halving a lot of people are paying high fee so that their transaction will be included in the halving block for some reasons best known to them. Some believes that the next block after the halving will be expensive, which I can understand that. But what I don't understand is someone sending a dust transaction and used 507,109usd to pay for transaction fee so that his $0.70 amount will be included in the bitcoin halving block. Why will one do such, is it madness or he wants to make history or pride. I ask this because this is the time that people are holding tight to their bitcoin, and some careless about the amount of coins that they have.
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Can someone tell me why he/she will want to do this.
Not all Whales are knowledgeable about how Bitcoin transaction works. Lets say inputting up numbers on a wallet and setting out that sat/byte but he/she doesnt know on what it is all about. loool This isnt the first time we've seen that someone paid up a massive fee for a peanut amount of transfer. For sure it is really something that in exchange between values which it would really be bringing out that kind of question in mind that how the heck they do make out such transfer without even trying out to read on where that amount to be transferred should really be putted on? This is why knowledge isnt something that could really be able to buy no matter how rich you are.  |
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Reading the possitive and negative reviews of a casino is a must. Cause the important of reading the negative reviews is we will know what are the possible lapses of that casino, and by the help of that we can avoid such things. Also the best thing to do is to read the positive reviews of course cause we will know that casino is trusted enough or not. Also the experience of the other gambler are our references to do so Inorder to win a good amount of Money. Reading the negatives is a great think to do, but it is also worth noticing how they are written. If you think of it, you would normally ignore a site in which you did not have a good experience in general. You just do not waste your time thinking about it, however a negative review is a clear warning sign that there is something really wrong with the site as the user seeked some type of revenge or setting a warning. Reading up single negative or a couple ones wont really be something enough for you to make out some conclusions on which if you do have doubts about being that legitimate feedback then you could really be always having that in depth research and analysis in regarding about the site if you are really that eager on playing into it. When it comes to reviews then it could neither be false or something that would really be legit. Just dont make yourself that get easily believe with just a couple of positive or negative and make out that outright decisions. |
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Small transactions on bitcoin does not make any sense now at all. Like to make a $20 amount transaction, one has to pay about same amount, $20 in fees. This does not make any sense. Have you stopped using bitcoin for small transactions completely because of this reason ?
Frankly speaking i do have several transactions which are currently stuck into the network and im not really that willing on paying up higher fees even if we do say i do make out $1000 in transaction on which paying up $20 or even more or having that spike of $110 as far as i have checked out yesterday then these fees gone crazy on which we cant really be able to deny that it do really sucks on making small transactions. This is why i have stopped on making out some transactions as of this moment and would be waiting up for everything to settle down. Yes, this isnt something that we dont really like to see on Bitcoin fees but with having that scalability issue but well this isnt something that would really be always happening. Actually this is my first time on seeing Bitcoin fees playing around $20-110 maximum on which this isnt something those numbers that we've seen even into that BRC20 spam. I dont know on whats the reason behind of this spike whether it do really talks about tons of buys but seeing on the current price that we do have on which it didnt really made out such move that much. It would really be just that making out those kind of questions on whats happening now. Yes you are right on which it is really that pain in the ass on making transactions as of this moment because of the fees. If you do tend to look at which we know that ETH does have that higher gas fees which the current ones is really that much more in Bitcoin on which this is really that in unusual sight and this is why it would really be that better that you do make use on other alternatives if you are really that eager on making up some transactions but same as you said that network condition would really be that becoming better but it would really be taking up a day or a couple and if you could be able to hold up for that long then it would really be your choice but if you are willing to pay up the high fees then its your choice. Now ive been using up some cheaper altcoin alternatives with the current fees on which making out some conversion on my exchange wallet account into some coins and make out some transactions due to much cheaper fees and you cant really be able to complain. On the time that it would subside on then going back to business again. This doesnt really last up that long and it does really need up a little patience for everything to settle down. |
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In my end, my strategy is to reach a certain amount before I call it a day; for example, if I need to reach $100, then that is my goal. My technique is to bet small first just to get my confidence up, take it slow, and let the game go into you. When your confidence is up, then that is the time to bet small and a little bit large compared to your first few bets. Also, don't get eager to recover all the losses you had because it might be a problem if you keep on chasing and recovering all the losses, and if you keep chasing, you might get your bankroll emptied. So I just take my time and slowly get my goal for today, and then I am done. If I lose all my capital for the day, then I am done for the day too, so that is why I am taking things slowly so I won't get zeroed that fast.
Hmm if this strategy is actually working for you then you are good to go because from my experience gambling whenever I try to go up with my stakes something always goes wrong and I don't know if it's because I become too extra careful or because I tend to think of getting the funds quicker so what I do is that I just maintain my level at which the winning keeps coming and then whenever I experience a loss that's where I stop because the start of a loss can lead to more loses and if not careful you will end up chasing your previous wins. When it comes to control then you would really be having that kind of reaction on the time that you would really be finding yourself on the time that you are on such situation. If you are making money then it would really be impossible that you cant really be able to make yourself that to play even more because you would really be wishing or expecting that you would really be able to win up more. This is why tons of people are really that losing up their control because of the greed that they would really be able to feel out on which its normal for us to have because we are just humans on which we would really be able to to have those kind of thinking that we should play even more to win more but sadly the reality isnt something that would really be going on what you do have in mind. If you are lucky enough then you might be able to win up even more but we do know that not all would really be that lucky on the entire day. This is why it would really be that wise that on the time that you would really be able to make profits then secure it out and call it a day. |
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In my experience after the price halves to scare investors (will be a bear trap) then after 2/3 months the market starts going up (halving bull run), which lasts 9 months or 10 months.
Actually i have been able to see or witness that 2-4th cycle halving with Bitcoin on which i could say that there's nothing something new. It is really just that people are really that anticipating for these following things in regarding on such event; 1. Extreme dump/correction 2. Sudden news fundamentals 3. Total random movement I dont really see something that interesting on Bitcoin halving but one things for sure that this is the moment on which that bull run is near. Basing up into those previous cycles we would really be able to shoot up into the moon after 6-8 month post halving period. We dont really just that know on when it would happen on this 4th cycle of halving. We might be seeing another different scenario because of that ETF involvement integration? Lets see! |
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Gambling as a pitfall trap
You would really be considering yourself falling into the trap if you wont really be sensible on the things that you've been dealing specially with gambling. We do know that houses
or companies would really be doing their very best on putting up yourself on such condition on which making things that do interesting to hook up people for them to play.
Gambling isnt really that bad if you do really just that responsible on the things that you are dealing with because if not then it would really be giving out that financial havoc.
People do usually messed up their lives just because they do make themselves that being too delusional towards gambling on which they are really that expecting too much about it
on which they do even comes into a point that thinking about becoming that rich with it on which its really that something that would really be bringing out that huge trouble
if you are someone whose really that not good when it comes to control and self awareness.
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I don't think I have enough bitcoin to be so excited that bitcoin would reach a sudden price of 1 million dollars, I'll be so disappointed cause I have not accumulated enough bitcoin and my 25% allocation from my weekly income into DCA would be so small that it can't be adding much value to my stash as It woudl be doing now, the last thing I'm anticipating right now is such a great price move. So before you make topics like this, make sure you have enough bitcoin to be anticipating such price increase, if not your no difference from a spectator that would be watching bitcoin make history.
There would really be those people who are really that optimistic when it comes to he price on which they would really be setting out those bars high on which they are really that expecting that each coin would really be able to hit up a million per coin on which we know that this is something that cant be easily achieved. There's no way that we could really be able to know on whats the future and this is why any speculation or price approach or guessing out would really be that something valid on which we know that we do have our own perceptions and insights towards things on which neither it could be ended up on being that realistic or non realistic ones. This is why it would really be that best that you should really be making yourself that realistic over things so that you wont really be finding yourself that expecting or anticipating or something that too positive towards price that we dont even know if its really that happening or not. |
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Knowing when to stop or quit gambling is one important fact that should be in the thought of gamblers, especially those who are really not willing to give up their discipline for addition. If you let your emotions make your bets for you, then you are still very far from learning how to make good gambling without playing irresponsibly or even getting addicted. As gamblers when you make a win that can cover up the money you brought into the casino hall or gambling site, it's betting to quit and keep the money for another time, rather than playing untill you get to the point were you'll have to borrow to gamble. If you easily get satisfied from the little profits you make from gambling you won't have much trouble fighting against gambling addiction.
One of the most or that most important thing that you should really know to do on the time that you do play gambling because on the time that you do find yourself not be able to stop up completely on the time that you are losing that much then this is where real problems do begin. This is why it would really be that better to have that kind of control and if you do find yourself that being impulsive then better to quit up gambling immediately rather than on making yourself to be put up on a situation or condition on which your financial status or condition had been that affected because of not be able to control up that kind of urge towards gambling. Drawing up the line? of course you would really be needing on doing this on the time that you've seen that you are already losing too much or on the time that you do able to touch up your life savings. It would really be always that recommended that you should really know on when to stop and when to adjust if you've seen that you already spending up that too much. Gambling is for fun and not for making money,.on the time that you have seen yourself treating up the different way around then there's someone wrong with you and this is something that you should really be needing to look up and need to be considered. |
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Op thanks for bringing such discussion, it's really important.To my own understanding debt management is a pave way that reduce debt and create an avenue for making budgets and financial goals.Borrowing money is something that happens everyday, people lend huge amount of money with interest from companies, organization etc.Some people lend money with a wrong motive,like for instance borrowing to play a bet and unfortunately it doesn't turn out the way it was expected that's a wrong decision.To me debt is more like risk taking because some people sign collateral with their valuables like (house,land,car) and at the end of the day if the debt wasn't cleared at a due time the borrowers won't have the chance of redeeming the property because it has already been signed by both parties as a collateral.A debtor is never free.Debt can be reduced if only we learn how to manage it;
1.Being satisfied with what you have
2.Being contented with what you have
3.Cultivate the habit of saving from your income
4.Investing on safe haven asset like Bitcoin
5.Don't borrow with the intention of clearing old debts.
6.Being fruitful, productive and creative will help reduce debt.
As a human being, there's no such thing about being that contented. We can never to have that kind of contentment on something here in our lives. As long we do see that opportunity that we would be able to live in a life which is convenient and even if it means that you would really be needing up to take up some loan for you to acquire it, then you would definitely do it on which we know that this is something a suicide. Its never been that recommended that you would really be taking up such action because you are just basically putting up yourself on such bad situation on the time that you would really be experiencing that paying up tons of interest on the loan that you have gotten. Getting up some loans for the benefit or for the purpose on making up some business expansion or making investment is much more better than in compared when you are really that spending or getting those loans for the sake or benefit of buying up your wants and this is something that you should really be avoiding at all cost. |
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I remember the days when online crypto gambling sites offered us the option to invest directly into their bankroll (like the one in my sig). Nowadays, it's hard to find one that does. The only I've found is Bitvest. But activity on the site is quite low compared to its rivals. Since there is only one that offers to invest in a bankroll out of hundreds of existing casinos I don't think it's worth it in 2024, they prefer to have all the profit and not share it with investors they find it more profitable if they have high rollers playing in their platform, so they concentrate on marketing, if you want profit sharing Funtoken and BFG share their profit by staking their token. This one is worth it is like investing in a casino also. Just like on what we are seeing on Bustabit on which this kind of house capital investment or some sort of will really be giving out that kind of option for you take but its true that majority of them now doesnt really asked or having no feature in regarding about external investment since they could really be able to provide on their own. There might some sites might really be that offering this kind of opportunity but pretty sure it would really be just that a couple or even a single platform is really that been having. Yes, its true that they do love on getting all the profits that they could get. On the question is still worth it on 2024? We do know that house do always win in the end but expect that profits or ROI would really be taking up for so long since percentage of profits isnt really just that too big. |
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-snip-
the only time that you'll miss your trade is when the market gets an unexpected news that changes the direction of the market from being bullish to bearish or from being bearish to bullish. In this type of situation, you do not have to blame anyone because it is not your fault and any trader would have missed that trade in spite of the experience they got.
It's just a cycle that will continue to happen, the market will continue to change unexpectedly. But as a trader who can do some analysis and also see fundamentals, the cycle can be analyzed earlier so that we will always be prepared for all crypto market conditions that will occur. Trading in the past will be a useful experience to evaluate how the trade was done and correct any mistakes that occur. Experience is something that you would really be able to gain or something that you would really be able to have but since people are really that rushing up to become good or something that one who do really knows then it would really be that not shocking that they would really be that prone into tons of mistakes until they would be making out those kind of realizations. We do know that this isnt something that you could really be able to make yourself learn in a short time period. It would really be needing up that sufficient time and the effort you will really be needing to apply. Also anxiety is really just that normal but this could really be that avoided if you are someone whose really that good when it comes to emotion handling and really that easily adjust then this wont really be that much of an issue i should say. There are really just that those individuals who are really that expecting or anticipating too much on something positive without even trying out to see or assume with those cons on which this is something a normal approach you could really be having. |
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Gambling is illegal in our country due to which gambling is kept hidden. Besides, gambling is forbidden in Islam, so some Muslims gamble, so Gopen tries to gamble. Gambling is usually played for fun but most of the people in our country gamble for income because our country is not so developed and people of our country are not so rich. People in society and family cannot see those who gamble. Besides, if gambling is done publicly in front of everyone, maybe many children can learn gambling by watching them. Besides, there are many other people who don't want to be identified by public gambling.
That is the problem in some countries just like yours which forced people to do illegal gambling. Maybe if they allow it and officially announce the government, it is possible gamblers will become happy. The sole reason we've found out why this is happening is they don't want to get caught by the authorities as they are illegal. They want to save some taxes and fees in casinos but on the other side, it also compromises their safety and the chance of paying huge penalties when got caught. This is not a mindset of a responsible gambler nor do they think it was the best thing to do. Or, they really want to take risks despite they know already the consequences. When a country prohibits gambling activities, of course they have thought about the impact that gambling activities can have, so they prohibit gambling and there are still people who gamble, of course this is their own choice and they must carry out gambling activities not in public places. so they have to do it secretly and if they are caught of course there is a fine they have to pay because the place where they live does not legalize gambling and some people who continue to gamble of course know very well the risks they will face. If its banned then its understandable that you would really be hiding as much as you could but we know that when it comes on accessing it online then there's no way that you could really be able to make yourself get caught because we do know on what legal things and making up some violation or totally disobeying would really be totally that messed up your life. So it would really be just that common sense that you would be hiding yourself but we know that there are other reasons on why people do hiding their gambling activity on which this is really that only because they are ashamed that other people would really be having something to say against them on which it would really be that not all people would really be loving on hearing it out and this is why they would really be hiding themselves. Actually there's nothing wrong on doing gambling, the only which is shameful is on the time that you would really be messing up your life with on which other people would be seeing that youve been struggling with your living. |
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And that's a lot of pressure on Inoue if he is being compared to the great Manny Pacquiao --- https://www.givemesport.com/1708831-naoya-inoue-compared-to-manny-pacquiao-ahead-of-michael-dasmarinas-title-fight/But I think Inoue is holding his own ground at this point, and he is still undefeated and cleaning up the divisions that he dominated. So there is no comparison whatsoever as Manny is a wrecking crew, going as high as he can. Nery could be just another test on how great Inoue is, he could adjust in the game itself like in the Fulton and Tapales fight and I think that's what makes Inoue great. The ability to adapt if their plans are not working. And so we appreciate his body of work again and again, and I don't know what kind of strategy Nery will used here to beat Naoya because Inoue is always one step ahead of his opponent. It cant really be avoided for Inoue to be compared to Manny Pacquiao, if we do tend to recall about their meet ups and some prescon about some slight boxing tips and other things then you could really see that Pacquiao is really that interested into this fighter on which fans would really be trying out to compare their idol into those legendary like Pacquiao. Actually its not really that too far off and if Inoue would really be taking up on the same step or path he would be taking then no doubt that he would be able to obtain it but basing up on how fast or often his fights been arranged then he would definitely be needing to fast pace up a bit in climbing up different weight divisions if he wanted to beat up the record. The right thing to do, make it faster in moving up as time is his enemy here. While he is still on his prime, he should be taking big fights but to make it happen in Japen, that's unlikely. I like to see Inoue fighting Tank Davis, if he beat Davis, that would put his name at the top and will be recognize as probably the best now. I hope he will take if that opportunity will open up, I know he can because I believe he is quicker and more powerful than Davis, but provided he will be able to carry his power when moving up. He said though that he will be staying at 122 lbs for sometime, and so this fight he will start to defend his belt and will not be moving up. I like the idea of him and Tank fighting as 135 lbs, that is if Tank will remain at his comfortable weight class and Inoue going up. It's like a dream fight between Manny and Oscar. But I doubt that it will happened soon as I said, Inoue will stay at 122 lbs for at least this year and then maybe take 126 lbs in a couple of years. And by that time Tank might not have the time and will have to move up to 140 lbs as his body might have problems staying at 135 lbs for two years. If he had said that then we might not be able to see on breaking those other divisions if he would deciding on taking up some time or stay into the current division that he's in but well its his choice! He might really be considering on having a retirement with having no loss or defeat rather than on breaking that 8 division champion. If he would really be making that slow movement about arrangement on his fights the he might not be able to do it just like on what others been saying. If he had plans on being that undefeated then its up to his plans and preference. Nery is a good fighter but i doubt that Inoue would really be that beating up him up on 5-6 rounds if he wouldnt really be taking any solid punches in body. |
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I'm seeing Bitcoin rising to $400,000 before the first quarter of 2025, the bull run this time it will be different from the last one. Bitcoin is $70,000 now the halving have not started, I'm looking at the market that this is the right to buy and hold after the bull run then you sell and make your triple profit.
And now it's $60k as there was a lot of selling before the bull run itself. Remember as well that in the last bull run, there are people seeing that the price rising to $100k, so we might compare your absurd prediction to that. The price didn't go to 6 digits, the all time high that we got is $69k (although it has been broken pre-halving). My point is that sometimes there are predictions that are not going to happen as much as we wanted to believed. I guess the key here is for us to just stay on our predictions as conservative or doable and not numbers that are not reachable to be honest. So that we won't be disappointed in the end just like the last time. It wont really be a smooth sail ride even if we do talk or speak about $100k price, how about on $400-500 in a bull market? Yes, there's no one would really be able to know on where it would really be having its peak but we know that the potential would really be having no limits. It would really be just that depending in overall recognition and demand on which these factors are the main ones that would really be giving out that kind of probability. Into those people who do have that kind of optimism towards price then we cant blame them as we've seen on how BItcoin did able to surpass those numbers specially on each cycle. This is why it would really be normal that we would really be having those kind of assumptions when it comes to price on which it would really be just that normal but being realistic is something not really that bad to consider out. |
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Or maybe i should say one should double his money and loose more, the moment you have been gambling and you see that you're already loosing, what should next ring on your mind is on how to take your leave and not the idea of double the amount of money used, if we do so and eventually loose the more, we may not be able to forgive ourself of that, and if we have gambled and already have our money doubled, then its time to quit and leave for the day, we should not allow greed to get over us to the extend of making an extension to gamble more and we end up loosing everything.
The idea of giving up gambling after doubling the bet amount is very good but the idea of gambling with the intention of doubling the money is not good at all. Gambling should always be done for fun but to take fun out of gambling if one is lucky enough to double his money in gambling a few times then he should quit gambling at that moment. when someone starts gambling with the sole intention of doubling his money, he must take gambling seriously. And anyone who gambles seriously to make money will never get good at gambling and will lose a lot of money in gambling. As far as you have it to make profits from gambling, you will always end on the negative side, this is because most of you bets will be based on that emotions and greed, which is not what we should want from gambling based of that fact that no one can actually profits from gambling and we should take gambling as just for fun nothing else. Most of the times some people bet or spin just for the potential amount in Winning and when there lose the becomes sad or indebted since they could have possibly gambled under duress, and on loan hoping to see magic money. You would definitely be ending up on negative side most of the time or literally that most gamblers would be sharing up on the same condition. If it turns out that all gamblers would really be having this kind of behavior then it would really be just that basically showing that they could be able to have that control and with that control which means that it would really be a less revenue into those gambling site owners or business owners. One of the main things on why this industry is really that profitable just because of gamblers uncontrollable emotion and discipline. It would really be that so easy to say about having that doubling your money with gambling but on the time that you would done it, then the next challenge is, would you able to make yourself stop and call it a day? For sure you would really be having those thoughts that you might be able to win up some more, which this one would cause up for you to play up even further on which this is really that a common trait or behavior of someone who do have that kind of gambling urge. |
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There are different types of insurance and they work in different ways. However, insurances often work in times of danger. So insurance is very important for us. But there are many who don't like it. But in reality insurance is very beneficial
. Life Insurance
. Health Insurance
. Investment Insurance
I think the importance of these three is very high. These reduce our financial risk a lot. And bad times will support us a lot. So I think everyone should take the services of these insurances
Not that people don't like Life insurance, health insurance and investments insurance , just that they know that to approach them require huge amount of money before they can get registered to have full access to those insurance in your country. Like Health insurance is very important for business men or women to adopt, and it will make them to stay long in their business because when you have good health, you can monitor your business to continue earning till you get old. And, investment insurance is very important to those that what to be wealthy because if anything happen to your goods or company, insurance company will restore everything back to you in a way you will not have pressure over the issue. Its important but majority of us would really be neglecting or doesnt really put up any attention into it but on the time that we do face up such challenges and conditions then this is where we do make out some realizations about its importance. Yes, its really that something that comes with a cost but we do really know that this is some sort of security since we cant really be able to make ourselves that having a secured life or something that it is really completely safe from accidents or any disasters or whatever possibile emergencies that we might be able to encounter. As much as possible you should really be putting up at least some budget when it comes to insurance yet its something that you would really be needing up to pay once every year or whatever terms it would be. Some might really be that skeptical because they would really be having a feeling that they are just wasting money which its true but we do know that when it comes to those tough situations or times then this could really be something so useful and its better to have rather than nothing on the time that you do need it. |
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When someone recovers from their addiction, at least that person must have a strong commitment to the efforts they make to get out of this difficult problem. Many people think that one way for someone to get out of their addiction is with encouragement from the people closest to them. However, if someone does not have a strong commitment to get out and recover from the addiction they are experiencing, then this encouragement or motivation will be in vain and not meaningful at all.
and as long as we are still in the world of gambling, even though we have good self-control, we need to remember that anyone can become addicted to gambling. And therefore it is quite important for us to always ensure that the gambling activities we carry out are safe and well controlled. And besides that, we also need to recognize the signs of gambling addiction, so that we can prevent problems that may arise and maintain our financial and emotional health.
Well, a person who has overcome gambling addiction first deserves recognition and it would be good if they published their process in detail in the forum, so that this in some way raises awareness among players who are about to fall into addiction, or those who suffer from it, That would be great because it would be an encouragement that it is possible, and we as human beings can overcome anything, any adversity and any problem that comes our way, so we must be this type of people who are capable of overcoming this adversity, and especially when it comes to this type of disease that can end the life of a person and their family due to the amount of excesses that occur due to not being able to control it. Recovering from an addiction is an ongoing struggle that may last for the rest of their lives, so without a doubt when a person has remained away from the source of their addiction for a long time that is motive of celebration, after all for a person that has never being addicted to anything, it is hard to imagine how difficult such a thing can be, but since the temptation to go back to their old ways will always be there, this is a struggle recovering addicts will have to go through in a daily fashion. Recovering from addiction is something that cant really be easy, some saying that you would be able to quit if you are really that serious on quitting but actually its something a very challenging thing that not all could really be able to pull through. This is why on the time that they do get addicted then this is the time that they would really be finding themselves getting wrecked and messed up their lives completely. Its true that you could really be able to quit up if you wanted into but not all would really be having that good control and discipline towards their minds and with their emotions. This is where family support and advises would really be needing as for forth with with professional seek of help which it would really be that something that will really be helpful if other things doesnt work or simply your last resort but you could actually quit off without any of these helps if you are really that having that good control. |
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Most likely this person or trader isn't not experienced enough, because PEPE coin has been hyped by many people in crypt currency world and it became popular for a short time but look at its price now, and that is the wrong move that person does, risking too much money in future trade, thinking that he could doubled or earn a lot from a single trade which is looks like he didn't think it throughly and must be pressured to trade futures in order to not miss the opportunity but in reality that is the trap mindset of a trader, 2 things that person does, is he used futures and increasing the leverage which is a very big mistake if you are not experienced enough then stay away from futures because it can eat you whole if you make the wrong decision in that trade, imagine the regret and stress that persin is going through now, I don't want that feeling.
Inexperienced? He's been in crypto for over 7 years and has made $1M try if I do it probably won't reach that number, I think he has been experience so he can make a lot of money in crypto. But this is his own fault that I think all his assets are in PEPE not diversifying, then he traded futures without stop-loses or he forgot? I don't know what happened exactly. This is clearly a fatal mistake, the money that has been lost a lot is unlikely to come back again in a short time, but that's the risk in futures will be liquidated if not doing a good enough discipline. Experience is something that will really be determining on how well you would really be able to sustain yourself or would really be able to make yourself that knowing on how to handle into this unpredictable space. You wont really be able to reach up on a certain state if you dont really know on how to hover up yourself well. Once you do gain up that sufficient experience then it would really be an advantage but doesnt mean that you arent that prone to loses such as this one. If he's that been doing trading for how many years but it cant be able to removed out the risks that he could bust up all the money he has. There would really be decisions and choices that we do make out on will it would really be causing for us to huge up that loss of money but of course it would really be that basing up into your own choice because if you've seen yourself that dealing with high leverage then you do know about the risks involved with it. |
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Your method is not only cool but also a valuable lesson in selfcontrol and long term thinking in the world of gambling. I really admire your approach to gambling. It's a smart strategy to combat greed and the temptation to chase bigger wins, which can often lead to losing everything.
Why admire his pattern when you know it could lead to losing everything? I don't get involved in any gambling strategy that poses a high risk. I have done it in the past to take some great risks in order to recover what I have lost in gambling before. The outcome is not always in our favour, so the best thing to do is to divert into a less risky pattern. Don't go all in; go little by little, even when you are losing it. You might be lucky multiple times and recover some of the already lost money instead of going all in and losing it all at once. Strategy is really that something that would really be only adding up the thrill and excitement you would be having specially on playing gambling but its not something that you could really be able to make yourself as a winner because this isnt how the reality works in gambling. Its a game of chance and odds on which if you do find yourself that being lucky then you would really be able to make money but if its not then you would really be able to experience the opposite. When it comes into the condition on where you are already that making some all-in bet just because you are really that tending to save up your bankroll then it could really actually happen but its not something that you could really be able to hit up all the time. It will really that matter in a condition that you would really be lucky and also dont make yourself that delusional into those things. |
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Yep, it's times like this that reinforce my belief that bitcoin is never going to be used as currency. There was so much hoopla about big merchants starting to accept bitcoin a few years back, including restaurants, but with expensive network fees and long confirmation times, why bother if you've got a debit or credit card?
And bitcoin's network has been pretty congested for a while now, though it's pretty bad at the moment. Any time there's massive volatility, that's the result. Lots of people buying and selling and sending, and it clogs up the network really fast. If you stick around bitcoin long enough, you kind of learn not to send it frivolously; it's better to hold as an investment. You can wait out this current state of congestion, but it's anyone's guess how long that's going to take.
The core mandate of Bitcoin has been defeated, as you said my brain just open to understand that the real peer to peer transaction of Bitcoin is no longer available for the small scale businesses. And Bitcoin would have been very if it would have been used for the Market people and the stores and for shopping. Even as this indication that Bitcoin cannot be used as currency again. And as you said, I done also think And this congestion of Bitcoin network has made the altcoins to increase in population and creating traffic for them. And now the issue is that even though you are investing foe long term there will be a time you like to sell and when you want to sell and the fee is high, what will you do? Because you will not hold Bitcoin forever. There could be a lot of reasons for the network congestion or jam because we know the halving is upon us as it is and many investors are trying hard to position themselves with last minutes transactions. Such issues of network jam will always cause many transactions to witness processing delays because, there's a large volume of transactions that's too much at a time for the network to handle. It could even be that it is the rise in patronage of BTC and other launch of tokens and rise in value of some altcoins currently that's causing the network jam. As for the meaning of _OP_RETUTN transactions seen on the mempool.space, it could be the code which has been used by the user to send up some bytes of any data, be it their seed phrases or details of the transaction or it's their i.d which shows from the wallet used to access the mempool. Now the network congestion is slowly that going down and so as with the fees, good thing that it didnt take up that long before it settles down. Just like on some mentions about the common reasons then it would neither be on some spam attack in the network which causes up these kind of spikes or simply with that sudden burst of transactions made out normally. Just like on what been said that its really that going down now because it is already playing around 30-40sats/byte but still the amount in $ is still not something that appealing. I wish it would really be dropping again on 2-10 at least but since we are realyl that going into that halving period then i doubt that there would really be some possibility for such same situation. |
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