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1021  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: August 28, 2023, 01:26:30 PM
Benzema was a sharp striker for Real Madrid last season and the departure of Benzema gave a slight decrease in the game from Real Madrid but when you watch Real Madrid in the Domestic League they play quite well and even tend to be better than Barcelona.
Now Ancelotti is always trying to make the team less dependent on one player like last season when Benzema was there.
Manchester City has a goal machine, namely Haaland and he can make Manchester City have a different chance of winning, plus there are other players up front like Julian Alvarez and assisted by quite reliable midfielders Kevin De Bruyne and Jeremy
doku.
With them on the front lines, Manchester City has very good strength in every attack on the opponent's goal.
Undoubtedly, a player like Karim Benzema left Real Madrid and Real Madrid could not recruit another star in that position which can be considered as a weak point for Real Madrid. After Karim Benzema left Real Madrid, Real Madrid lost their first two friendlies and everyone feared that a bad season might be in store for Real Madrid, but as the season started, Real Madrid returned to their former form. Real Madrid have played three matches so far in La Liga where Real Madrid have won the first three matches. Real Madrid will do well without Karim Benzema in the Champions League if they can maintain their current performance in La Liga.

Benzema's episode ended the day he moved to Al-Ittihad, he is doing well there and has had few goals, let that slide and focus more on how the current team of Real Madrid has been. When a club undergoes major changes of players, there must be changes in how the players interact, how they play and how they win and since Casemiro was sold to Manchester United, their defence has changed even though Kroos and Rudiger are still in their prime protecting that with their life, it has really changed.

The centre forward has also experienced changes, Viniciuos has not been in the form the way he was during their last Champions League, no other player like Benzema that take advantage of assists like him that's why the effort of Viniciuos is sometimes wasted. Bellingham is good though, but that's not enough to me. If Ancelotti insists on riding the storm this season with the left players, so be it but I'm very confident that the fans are going to fry him before next year July.
1022  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: August 28, 2023, 12:36:11 PM
After Liverpool were trailing by one goal to Newcastle in the first half of their English Premier League game away at Newcastle and Vigil van Dijk  received a red car just three minutes later, a Liverpool faithful who was watching the ball with me went on live betting and staked a bet that Liverpool are gonna win the game in full time.
I advised him not to take such risk because of the quality of football that Newcastle has been putting out since the start of last season but little did I know that Darwin Nunez will come as a late substitute in the 77th to score two spectacular goals to win the game for the reds. Clinical performance from the Uruguayan yesterday to help his club claim all three points
V. van Dijk, one of Liverpool's most reliable centre-backs, was sent off in the 28th minute, undoubtedly a huge blow for Liverpool, who were a goal down again. In such an equation of the match Newcastle should have won but the result was different towards the end of the game. Núñez scored two back-to-back goals in the 81' and 90+3' minutes to pull the team back from certain defeat. Liverpool have won two and drawn one of their first three matches in the English Premier League. A win like this against Newcastle will surely give Liverpool the confidence to do well in the next matches.

With what he did put Liverpool, you will understand better that Newcastle flogged Liverpool by ball possession, the stats are there to check, they struggled to attack to neutralise their centre-back but they were able to hold onto Newcastle at the end of the minute. However, I think Van Dijk has been a menace to Liverpool, It either sleep on a defensive position or foul and get a consistent yellow card, it's the work of the defenders to be aggressive but must do so without fouling, even yesterday's card, he never thought he will foul to that extent that place them on 10 men against 11 men and now, he will miss the next 3 matches of Liverpools Premier League. There is no alternative defender that is as strong as him and if Salah is confirmed to be leaving as well, Liverpool will feel the heat in the coming weeks.
1023  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: August 28, 2023, 11:56:56 AM
It is not yet certain whether Mohamed Salah will leave Liverpool or go to Saudi Arabia in the end, but various media claim that it is very likely that Mohamed Salah will go to Saudi Arabia this season. If Mohamed Salah leaves Liverpool this season then why Mohamed Salah or Liverpool are not saying this openly. Just as Harry Kane's deal has been dramatized, Mohamed Salah's deal with the Saudi club is also dramatized. He will definitely want to accept the offer he has received from the Saudi League and if Mohamed Salah accepts the offer Liverpool will benefit financially as they will be able to sign more stars for the same amount of money Liverpool will receive in transfer fees. Can be brought to the team. Now all the transfer market is waiting for official news only from Mohamed Salah or Liverpool

There is no fire without smoke, I am surprised as well about this fast move to leave the club after playing for them yesterday with a good assist but at the same time, I'm not surprised that he is leaving. Liverpool is very well known for its lack of player's welfare and financial increase in wages, that's how they let go of Mane last season and till now, they are still struggling to stay above the top 4 in the standing, if this turns to be official from Liverpool, I want to see how they are going to make it to the Champions League next season.

Right now, all indications of Salah is heading towards Saudi Arabia, that is the only place I think as well because he wouldn't be going back to Chelsea, Manchester United will not break the bank to have him and Pep is even on break, there is no any reputable club in Europe for that guy except Saudi Arabia, time will tell though.
1024  Economy / Gambling discussion / Re: Hypothetical Question on: August 28, 2023, 11:43:34 AM
If someone told you a guaranteed sports bet that had a 100% chance of winning, how much would you bet on it?

If you had a $10,000 bankroll, would you go all in? We’re talking 100% can’t lose bet.

Would you take out a loan? How would you go about acquiring a large sum of money if you didn’t have the capital.

Let’s say the match is starting 24 hours from now, what would be your plan to maximize your profit?

Asking for a friend  Wink

Wait, what? Is there anything like a 100% guarantee in sports betting, not even the sports bookies will tell me to go all in and will do that, the same way there are chances of winning so there are high chances of losing, and if you lose, you will have no one t blame but yourself, and you know what, whenever I have a bankroll on $10,000, I will never use that on a bet, life is not all about betting, I will take my chances on other aspects of life; Bettin $10k for a bet is not even fun to me, that's more like a stupid idea.

In a real clause, whenever I hear anyone say a bet is 100% guaranteed to win, I do ignore them but in this situation, I will give it a try with another shot at funds that I don't need that time, perhaps max is going to be $100 and if that happens, I will be giving it a shot when there is a called but I wouldn't raise my wager, better to play safe and win for tomorrow or wager all your capital and go home without any means of having another money to play the next day.
1025  Other / Beginners & Help / Re: BREAKING THE ICE on: August 27, 2023, 11:48:07 PM
I’m really new here and not really fully aware of the modus operandi of the forum, and I also wish to tender an apology if I have already defaulted ignorantly by making posts without formally introducing myself here.

I'm not sure why your username read Bhunter1997, does that refer to Bounty hunter? Is the 1997 has to do with your date of birth?  Tongue

If you once had a Bounty account or violated any rule with your first account and later find out, know that you will be caught with this one as well and if it's just a random name then only time will prove it.

Nevertheless, welcome to the forum. For more familiarity and rules of the forum, you should check Newbies - Read before posting
1026  Economy / Gambling discussion / Re: Can money be saved in gambling sites? on: August 27, 2023, 09:06:59 PM
Is good to save money for future use so we can make good use of it when ever we need to, now what if you decide to save money in your betting account will that be possible to?
We can decide not to save money in our fiat bank account or any other micro finance bank account for one reason or the other and save it in a licensed gambling sites can that idea be possible, will the money deposited there not be tempered with from the gambling platform or removed automatically from the account after keeping it for a long period of time?
I know it might be very hard to save money in a gambling site because we  might have the feelings of winning if we try to stake, it can be hard for a gambler to save money in a gambling site but it will be easy for a non gambler, I put in mind that everything start one day so even a non gambler can try at the first, I bring this discussion here so we can discuss about it to keep our selfs busy.

Business entity are very difficult to trust, they will disappoint you when you least expect and when that happens, it will end in regret and had I know. To disallowed this from happening to you, it's better you don't think of such idea because any business can become crippled in a day and if you have something stuck in there platform, you will be a victim. You may likely get your money or you may not get it, that depends on if you really read the terms and conditions during the course of registration, if they gives reasons why you may not have your money and you agree with them, then that's all for your money.

Your wallet doesn't itch you I believe, why not save it under your care instead of entrusting your money into another people you just won their money, don't you think they get hurt when they see you win and your balance keeps increasing. The early you start practicing self holding the better and safer your money.
1027  Economy / Gambling discussion / Re: Saudi Professional League 2023/2024 on: August 27, 2023, 03:47:12 PM
There os no doubt that Christaina Ronaldo will indeed score more goals in the Saudi league in this season since C Ronaldo have hard long record of success in his football career and all comes from his ability to create goals with any and every opportunity presented to him as a player,  and AL know what their we're doing to have gone for C Ronaldo instead of any other player as of that time,  but currently, the decision to go for C Ronaldo has paid off for them greatly.

The season just began and Christian Ronaldo's new club have recorded multiple victories already to show that C Ronaldo is a great asset to any club all that is needed for him to succeed is just love,  respect and understanding between the coach and the player alike.

Mane and Ronaldo combination has been a big blessing for AL Nasr, they both make a good team but there is something that bothers me about Ronaldo, it is the anger issue. We all know that no man is perfect in his profession, there is room for visible mistakes and invisible ones even the linemen find difficult to interpret, some are ignored just for the fun of it because if things are been done, the fun of it will not be there again but Ronaldo get angry easily when things don't go in his favour, he pushed away a staff that was trying to take pics with him, not humble and very mannerless I must say.

I can't wait for their domestic leagues to get hot like the Saudi Premier League is just round 5, there are more players that have been signed but have not had time yet to be featured in any of the matches, I want to see distribution and less attention on Ronaldo, maybe Neymar can make hattrick too the same way Ronaldo did this week.
1028  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: August 27, 2023, 03:01:47 PM
Real Madrid got their hands on the best available players in preparation for this season, and the result of that is what we are seeing in the club's performance this season, I believe Real Madrid will be able to reclaim the lost title from Barcelona this season, and with the current standing, Real Madrid can face any club without any fear since their get the best hands to do the job this season.

I think Real Madrid wasted too much time while waiting on Mbappe and now Mbappe returned to play for PSG. They should have a backup plan. Real can win games with Bellingham and Vini but they can't win championship with this squad. If they don't make additions to the forward line this could be another easy season for Barcelona.

Another bad start for Sevilla. Mendilibar might lose his last season's credit soon. Atletico game next week will be crucial for them.
I agree with you to an extent but also think that the current Real Madrid can win every competition they're gonna get involved in this season and that's because of the new formation that's been introduced to the team by the manager Carlo Ancelotti.
They have a young and energetic midfield trio of Aurélien Tchouaméni, Federico Valverde and Camavinga which has be the bedrock of their success this season if you ask me. Jude Bellingham's false 9 role is working perfectly as he has scored four goals and one assist in his first three games for the club. Vinicius Jnr and Rodrygo are playing up front and that's why I think they're good to go. It'll take a serious injury from one or two vital players of the Madrid squad for them to have a bad season.

It is a shame for a club that has the highest number of UCL in the history of Football was waiting for a young boy who disappointed them last season, they didn't learned yet they tried to take advantage of his reef with PSG and the boy still stay at his country club, maybe they have learned by now, even Ronaldo didn't take them more like this to bring to the club and till today, he is still the most decorated player that has emerged from Laliga after Messi.  Grin

Furthermore, Ancelloti's behaviour is becoming unacceptable, almost all the top players have gone injured and he is stubborn and keen on not signing any new players, he thinks he is the best when it comes to decisions but that's a wrong decision that will come back to hunt Los Blancos. I was one of his fans but I can't wait to see him go back to Brazil where will go and retire as a manager, overconfidence will make you do what is wrong without realising and that is the Joke the old man is playing with Real Madrid.
1029  Economy / Gambling discussion / Re: China crackdown against gambling streaming on: August 27, 2023, 02:35:07 PM
China is one of the leading industries after US and the decisions they make have a global effect. For example, when they say that they will ban Bitcoin, this has a negative effect across crypto markets globally and not just China. Will this gambling ban affect the overall gambling business worldwide? That is yet to be seen.

Now that Chinese Content Platforms Reportedly Exclude Live Streaming Features, this has caused the revenue decreased in those platforms. It is obvious that if you block gambling streaming, then those people won't use that platform if they were using it previously to watch those streams.

Also, the Chinese were very keen to block the illegal gambling platforms and they also block payments in millions from those gambling casinos.

What is the obsession of China and the latest crackdown, bitcoin situation was different back then, not similar to gambling. They were cracking down on miners because it was illegal to mine according to them because of the greenhouse effect even when we know that it was bullshit in the first place, they also ban bitcoin trading. However, China has been anti-rival of innovations, they don't want her citizens to use things outside their country but wouldn't stop producing counterfeit products for West Africans to buy their low-graded quality, if we are to reverse China and the world, they will cry victim card every day.

Coming back to the unlicensed gambling platforms, if truly they are not registered, then I think it's dishonest of them to operate in China because that's unlawful behaviour. If they want to have a share of the gambling from China, they should register and follow the rules and regulations and if that is too much to accept, they should leave their country and go somewhere else that allows such behaviour.
1030  Bitcoin / Bitcoin Technical Support / Re: Question about CPFP / RBF on: August 27, 2023, 01:53:46 PM
Assume that all payments are RBF enabled.

If address A sends address C a transaction with a low fee, B can use CPFP to receive the funds quicker.

However, if address A sends address B a transaction with a low fee, and then B sends it to C, and then C uses CPFP to increase the fee, will the transaction actually confirm faster? I thought not, because the CPFP would only apply to the B to C transaction, and not touch the A to B transaction. Is this correct?

First of all, for the transaction to confirm faster, it depends on how mempool is congested with unconfirmed transactions and how much sats you are willing to replace the fee with, if you pay a high transaction fee for Child pay for Parent(CPFP), it will confirm faster( most likely in the immediate block) but if you pay low a fee, it will stay in the mempool until a miner pick it up; If RBF is enable, you can bump the fee.

In addition, the CPFP transaction is paying the transaction fees of A--->B and B--->C together, but how fast it becomes confirm depends on how you prioritised the fees.
1031  Economy / Services / Re: [CFNP]FortuneJack.com| Signature Campaign | Sr. Members+ ~ Earn up to $100/Week! on: August 27, 2023, 08:41:45 AM
We have a new Signature, please update yours ASAP:

Just a quick reminder for others that are yet to update their signature code to the new one.
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1032  Bitcoin / Bitcoin Discussion / Re: Bitcoin has nothing to do with crime on: August 24, 2023, 02:48:48 PM
Privacy is a right, and it belongs to everyone, that includes criminals, it is a fact. But, e.g., weapons kill, then, having one does not make you a murderer, it is a strong comparison, but... come on! we are already at the limits to continued hear this old premise against bitcoin.

Anyway, if you do not have good arguments, usually someone who opposes the idea of bitcoin says, that the criminals use bitcoin.

Privacy is not only a right, it is a must we need to practice but sadly, many turn blind to their lifestyle being exposed to the public, They would rather be happy taking pictures and using Facebook apps and TikTok to show the progressive stage of their life but their information are been collected in underground. When I see a celebrity that has no social media account, it gives me adrenaline but most people don't know that private life is a happy life, not everything we must show the public but people don't just care about privacy a bit.

Before bitcoin was born crimes were around every corner and till today that bitcoin has matured to this stage, the crime rate is high, the fiat of the government system is not far from this but they will rather turn a blind eye to these things and focus on bitcoin and that's jealousy, they don't have power over it and it give them headache how people spend without knowing more about the spending history.  Cool
1033  Economy / Economics / Re: Were Banks and Governments behind this Dump? on: August 24, 2023, 02:32:04 PM
First, I don't expect SpaceX to have sold its Bitcoin holdings, or perhaps they did, but earlier, because it doesn't make sense to sell at a loss.

Secondly, I do not rule out the theory that governments, especially the United States government, are behind everything that happened. Governments have a long history of manipulation in secret, out of sight and without leaving behind any clear evidence.

Governments have manipulation but they do not have results, in the sense that they plan something and get something different, for example every time they manipulate the market to break Bitcoin, but Bitcoin comes out stronger every time and investor confidence increases, you can look at what is happening now as everyone considers this decline a new opportunity to buy.

Space X has been proactive in selling their BTC before the Media, the last one they did, they sold before making the announcement in their first quarter of 2023 and the announcement did a lot of damage, so people don't want to sit and let that happen again, everything surrounding them is now more of speculation, nobody knows and Elon has not made any positive words or green light if they still hold or not just like the way they did back then before acquiring Twitter(X) for liquidity.

In the current state of the bitcoin market, we have more market makers and traders than holders which is why, anytime there is FUD, the price use to falls because they will certainly reduce their long position to mitigate an uncertain loss especially when they are not sure about what is causing the FUD. The government can manipulate bitcoin price though, where there is power, expect the worst from such because they can do and undo. Who knows if they decide to pressure institutional institutions to sell their bitcoin.
1034  Other / Beginners & Help / Re: Another day to fear centralized exchanges, not your keys not your coin on: August 24, 2023, 11:47:24 AM
With what has been happening around centralized exchanges such as a hack and bankruptcy, when these happened they always kept their users in the dark and cooked up a story, and they brought a plan to fix it just like what Patricia came up with. We have been told not to save our assets in a centralized exchange because we are not in control of the key anything can happen at any time and we will lose our funds.

I have heard about this Patricia exchange through a social media influencer running an advert for them. Don't allow any influencers to make you use a centralized exchange you are not sure of.

Centralized exchanges are organization with sole aim of making profit, if they make that public, they know for sure that it will make the news, bad news travel more than anything especially in crypto but almost the exited centralized exchanges that went through this similar situation always debunk the news to mitigate the effect on them but no matter how they hide it, the truth will prevail, you can't hide in the dark forever and those who will leave the exchange will leave without looking back which of course a good thing, let's learn to keep our coins out of centralized exchanges, we don't have to wait until disaster happen. Anyways, people that will learn from these mistakes will do and some will still turn deaf ear.
1035  Other / Beginners & Help / Another day to fear centralized exchanges, not your keys not your coin on: August 24, 2023, 09:12:04 AM
Earlier this year, around May to be precise, It was reported that one of the trading exchanges, Patricia halted withdrawals[1] which at first they claimed(lied) that it was due to blockchain congestion but what really happened to Patricia wasn't what was disclosed to the public at first, they actually lost $2m to hack around January 2022 but they keep mum and refuse to disclose that to the public not until they seize withdrawals around April this year.

What happened like a joke turned out to be true, they have massively sacked workers and worked to get back to business again but from the look of things, they are not done with their fraud because, instead of them to resume withdrawals and allow customers to have access to their bitcoin, they decide to carry out another heist; they lunch a Patricia token(PTK)[2] pegged to USDT with a whitepaper[3] which is not listed on any exchange, if they have the USDTbank in the first place, they wouldn't launch another shitty stablecoin. Not only did they stop there.

They converted the user's BTC balance to the worthless stablecoin without their knowledge, no emails were sent, and no notification, who does that? Why convert BTC to PTK tokens they don't need? Looking at the status of the company, they don't have the means to pay back the customers, they don't have the liquidity to settle all the debts, the BTC on the user's wallet is only database value, no intrinsic value and this is just another FTX scam.

What have you learned? Not your keys, definitely not your coins. Never leave your BTC on another man's land, they control it while you only control the front end, you don't have the keys and you can't control what will happen in the future. Learn to keep your coins in your custody and protect your private keys and seed phrase.

[1] https://techcabal.com/2023/05/27/patricia-loses-2m-to-hack/
[2] https://techcabal.com/2023/08/19/patricia-customer-assets/
[3] https://mypatricia.co/resources/blog/patricia-token-white-paper
1036  Other / Beginners & Help / Re: i'm aware to do kyc on Crypto project on: August 24, 2023, 09:05:32 AM

 Many of the crypto Trading platfrom and other such as IDO platfrom required KYC for full access to their service. it'a not a big issue to do it. but, sometimes this type of project get down. On this sisuation they are able to sell our information on Dark web or other Agencies. also, if our goverment force them to share personal information i think they might be ready to share. so, it's hard to get full access from a KYC required project.

SO, last things is don't do KYC every time if it's not neceserry...

I thought IDO meant Initial decentralized offering, what is coming over these guys these days or is Defi now Cefi. People were neglecting IEO back then because of the KYC issues and then people came up with the idea of IDO, some investors that value privacy started having the advantage of getting earlier to this project public sale through a mechanism and policy but it strange that they now request for KYC, this is really bad or perhaps this is the reality of bear market to reduce participants.

It is not a must that you will have to partake in IDO, if they insist, kindly allow them to do their things, it's even difficult to get high returns on the new project they sell, they don't have any returns, and the max you can get is 2x or you may get dump on if the project is not worth it.
1037  Economy / Economics / Re: Which problem will you choose to solve? on: August 23, 2023, 09:52:21 PM
I came across this tweet, so the reference is the username. I thought it was a topic worth bringing up for discussion to see the choice that will be made by forum members. This topic is about solving problems as a service you render to make a living. Which of the problems will you prefer to solve as a service you render? the problems of the poor? or the problems of the rich? (support your choice with a reason)

I posted this here because it relates to choices we make concerning how we want our finance to be, if this is a wrong place and the topic fits better in "politics and society", I will be happy to move it there.

If life was to be fair to people and I have a way to turn things around, I will make sure individual never suffer to make a living, my decision and willingness to help will not stop the riches from amassing their wealth but I will make sure the poor breathe and have access to good health, well fed with good food and basic amenities, this will be  a standard practice for the world until we have a new place called another world but I will make sure the world eradicate poverty free where poverty will be a discussion of the past like the way we had slavery in the 70s and 80s.

I will also change the financial system of the government, that thing is not working, only favour the people around in power and such financial system is nothing but garbage, the inflation they created is killing an average person with low purchasing power of their fiats., I will kill that idea and make sure to have a standard currency that will be generally accept as world reserve currency, this is going to be my change to the world if and if the opportunity is available.
1038  Economy / Economics / Re: Any business where today you launch, tomorrow you begin making profit...? on: August 23, 2023, 09:16:21 PM
So the business should be: today I officially launch it, the next day, profit start rolling in, and it would last eternally, the income stream keep coming for the next 999 years, and it would be suffice to self sustain, self reliance include financing every operational cost by itself, and only happy ending. Not a single bad ending.

btw, no selling snake oil. Must have actual product, or service that is consider perishable. Also no to the Elon Musk's infamous tweets "You can sell stock you don't own, short selling is legal only for vestigial reason" bullshit or etc.

You are a very funny type of person. You know quite well that there is no such kind of business that you will launch today and start milking profits the next day. It's possible that you can have profit but you will experience low sales in the business unless the business is alrean established one or perhaps a big company names like in the form of franchise as we do have in food business, for example the likes of Mr. Bigs, KFC, Chicken republic and Burger King Wil start selling the day you launch them but you may experience low volume of sales but will improved with time as the awareness continues to grow.

Do you have some kind of business in your mind, well I will advise you to try a restaurant business, that's the only thing I know everybody need including a mad man, you will get patronize by people and if you have a special recipes that people like, then that's the cathch to get attention and taste to stick to your restaurant for launch and dinners. You may also failed actually, so be careful and good luck.
1039  Bitcoin / Bitcoin Discussion / Re: Potential Impact of Binance Collapse on Bitcoin ($BTC) Price on: August 23, 2023, 08:18:05 PM
Hey all, let's chat about what could happen if #Binance faced trouble. Would it shake market confidence and affect $BTC? With Binance's high trading volume, its challenges might lead to caution, causing short-term dips. Traders might shift to other exchanges, influencing prices. Regulatory concerns could escalate, impacting Bitcoin temporarily. While history shows events impact prices, the crypto market is intricate. This isn't about fear, but discussion. Stay informed, diversify, and be ready for anything. Share your respectful insights on whether a Binance issue would truly rattle Bitcoin's price. Remember, this is just speculation, not financial advice

There was a time I had Binance my first Binance account and there was no KYC back then, you can used a dummy email and a password to get access to every features then before the introduction of P2P and Launchpad and I can tell you that you that I enjoyed it because I don't live my coins on them, I deposit other coins, swap to BTC and move them out and everyone like me where all there but when KYC became a mandatory thing, they lose users like me but till today, it's suprise me how they managed to get back users this much, perhaps their launchpad marketing and gains made people like the exchange but I don't like them a bit.

If Binance go down today, I'm sorry to say that bitcoin price will half the original price today because they have lots of coin in there reserves wallets that can do lot of damages, institutional and microstrategy all have assets under them. I pray they don't collapse but if it does, it's going to be a hell on earth for crypto and everyone, that's why we must reduce our dependency on centralized exchanges.
1040  Bitcoin / Bitcoin Discussion / Re: How do you go about realizing gains? If you opt not to, what is your reason? on: August 23, 2023, 08:02:00 PM
We're currently experiencing a bear market phase. How do you intend to secure profits once the market undergoes a turnaround? What proves to be the most formidable obstacle in executing this strategy? If your intention isn't to convert profits back to fiat, kindly explain your philosophy regarding this choice. Newbies in this platform like me could gain insight from your past experiences.

The intention is never getting my hands on fiat in the first place, I don't used fiat unless I get paid in it which I can't avoid especially when it comes to bill settlement and groceries but I can choose how my investment can be, and it will continue to remain in btc, you know they say 1 BTC = 1 BTC, the nominal value will be determine by me when I decide to sell. I don't even have much  realized profit yet, it's still the way the I bought it at the market value with slight profits in value but the quantity remain the same, you don't loss until you sold.

It wouldn't cause you less sleep if BTC price swings downward or plunged, if you have more fiat, but more to keep you average on the amount you bought and sell when the price peaked or sell when you fee enough profit has been made and incase you want to become the hodl gang, you are welcome to the club.
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