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1041  Bitcoin / Bitcoin Discussion / Re: Finally I did it (I am happy to join). on: December 15, 2023, 07:45:46 AM
@Makus
@Darker45
@tabas
@LogitechMouse
@The Cryptovator
@odohu

It wasn't an easy task to invest in Bitcoin as it was my first time to deal with anything that had to do with cryptocurrencies. I have been hearing about Bitcoin and other cryptocurrencies, but back then I didn't put much interest in them. I wish I had invested then when I heard about Bitcoin on the very first day.

However, I believe this is just a start. That is why I have invested over 1.7 million naira in Bitcoin. With time, I will add more money to my investment and I have promised myself to hold my coins for a long term without selling a piece of them.

The advice of everyone on this forum has helped me as I have been benefiting a little. I haven't benefitted anything from Bitcoin yet, but I have gained some knowledge about cryptocurrency and how I can get as much as I want, only if I hold on for the long term. Thanks to everyone for your advice.
I'm happy for you on this bold step and I say congratulations. You have put to practice ̣ur discussion in various threads regarding Bitcoin accumulation especially now that price is still very low.

I will like to know if you are adopting the DCA method that @JayJuanGee did excellent job at explaining or this is just a one off buy pending when you also have more funds. Personally, I have been using the former and the results have been incredible. 
1042  Economy / Speculation / Re: Bitcoin is the only currency that has grown the most!! on: December 15, 2023, 07:06:31 AM
Altcoins have their own time that they do very well and that is after Bitcoin has gotten most profit due to the halving effect. It's better to buy Bitcoin before and after the halving as you'll sure of profits, after Bitcoin has had its share of the market then the altcoins will start pumping as traders take their profits and start pumping their favourite altcoins. Bitcoin isn't the only cryptocurrency that have grown the most but it's growing very well as investors are pumped.
This sequence of altcoins pump after Bitcoin huge growth have been around for a while and is called the altcoins season. What I do not know is if this trend will continue considering that a lot of altcoins have turned out to be shitcoins. Within few years now, we have seen popular altcoins with huge market caps crash, leaving people in various degrees of pain and agony. The recent being Luna is an experience no one wish to ever have again. This is why people are increasingly leaving altcoins for Bitcoin.  The continuous increase in Bitcoin dominance confirms this.

Even though it will be difficult to know exactly how things will turn out, it is obvious that the awareness of people about Bitcoin have grown so much following the role it played when the war in Ukraine broke out as well as that of Gaza. Many people resorted to Bitcoin which never fail to deliver irrespective of location. Therefore, the popularity of Bitcoin surely come with more inflow of capital.
1043  Economy / Gambling discussion / Re: Target your wins in a series of bets on: December 14, 2023, 07:58:52 PM
What if such person doesn't have upto 10 bet as you may say even 1 bet is okay just that how comfortable and reliable is the games he selected is that is the question we should asked ourselves.
There is no reliable bet my dear, same way there's nothing like fixed games, its all predictions. What he's saying is this. You can play 10 different bet slips and each of them should be of at least 5 odds. According to his prediction, if you're able to win 4 of them and lose 6 of the stakes, you're still obviously profiting. Let's do the analogy.
You play 10 games with $5 each, that gives you $50 for your total stakes.
Now, assuming you won 4 stakes, that would be
$5 * 5 odds totaling $25 for one.
 Now winning 4 of your stakes would be $100
Subtracting your investment from your wins = $100-$50.
so you're still gaining$50, even though you lost 6 of your stakes. This is a cool analogy, but my question is, what is the probability that you'll win up to 4 of your stakes?. Gambling has a lot of surprises  and you'll be shocked to lose all your capital sef Grin.
Gambling doesn't have a definite formula, the formula is simple, gamble in moderation and with a budget.
I'm very happy that someone understands the post correctly and have seen some merits in it. Your example above is a clear indication that you are really following my point. Now let's be realistic for once, if your win rate is not up to 3/10, and you are actively gambling, then you are obviously sliding into depression caused by perpetual loses. In that case, you need to check your strategy if it is actually working.

The other part of your concern is how possible it would be to get 5 odds to make a single bet slip in that series. Well, I just check leagues and teams that are consistent in delivering one outcome and play just those teams. For instance, Bournemouth have been consistent in scoring this season so whoever they are playing, I give them to score atleast a goal and that is it. Another one is that Fulham have been very good at home, so whoever they meet at home will have a hard time winning them so I give them to score a goal or double chance, whichever I consider safer base on who they are meeting,  will be selected. 3 to 4 matches of these nature gives me the 5 odds for the bet slip. The success rate of things like this is high so the 4/10 expectation is realistic.
1044  Economy / Gambling discussion / Re: Sympathetic gamblers looses itself on: December 14, 2023, 05:18:30 PM
I have seen some facial expression gamblers that I am emotionally touched about and feels they have loosed more than they can handle and feels they deserves an condolence winning. While I empathic with him his amount of lost, I am then to consoling myself that someone on here has lost more than I do.

This is exactly how some gamblers runs out of gambling budgets and goes bankrupt because they fails to figure what their net worth or incomes value is.

They are basically to believe one who lost $20 has lost more to them who looses $10.
A lot of gamblers do not have gambling budget, they gamble until they are completely burnt. I consider this careless habit as addiction because it is only addiction that can keep someone hopeful even when it is obvious that day was not his day.

To enjoy gambling, one must be able to take it formally as a business and draw up budget that should be managed meticulous, employing the highest form of discipline to follow these pre-gambling decisions. You don't expect to go far in gambling when you follow it casually, gambling upon receipt of any funds.

When there is failure in planning, then all the outlined facial expressions of pains and agony are inevitable.
1045  Economy / Services / Re: This method of earning allows you to earn $1000 a day or more on: December 14, 2023, 02:02:07 PM
I don't blame scammers that come up with these obvious dubious schemes, I blame those who fall for them. Assuming people are not falling for these cheap scams, they will not have the motivation to continue. Hey, it's Christmas and scammers are on the loose again, don't let greed make you lose what you have... there is no investment that pays 40% per day!

1046  Economy / Speculation / Re: Buy the DIP, and HODL! on: December 14, 2023, 01:31:43 PM
If we delay our decision, we may change our decision. Maybe now I have enough interest to invest in Bitcoin and I don't have any financial need, I can invest in Bitcoin as easily now as I can in a year but I won't be able to invest in Bitcoin as easily. Maybe within this year I may face some financial problem due to which the money I am trying to save for investment will have to be spent on something else. If I can invest $200 every month then the price of bitcoin is changing every month and I can invest every time the price of bitcoin changes but the risk in my investment is reduced.  
I don't think that the decision to invest in Bitcoin should be taken in a hurry because to hold Bitcoin requires more than just investing any money at your disposal. You must make effort to plan your finances in such a way that some funds will be set aside for any emergency that may arise which was not expected, like the "financial need" you stated. If such provisions are not made, even if you adopt the option of investing $200 every month, you will surely sell your assets or some of them when emergency arises. Hence, it is better to think properly and plan well before starting the investment process if longevity of the asset must be assured.

What is required in long term investing is decision making and some risk taking. Overthinking what we invest in can muddy the waters, and muddying the waters can change our investment decisions. As we will hold our investment for a long period of time, a small change in the market will not be a big obstacle for our investment. You are willing to invest and you have money to invest there is no need to delay invest your money in Bitcoin and hold it.
I quite agree with you on the decision aspect but I seem to defer on the risk aspect. Bitcoin seems more risky for short term investors than long term investors. Apart from loss of assets due to hacks and others, holding Bitcoin actually have minimal risk from what we have seen so far.
1047  Economy / Gambling discussion / Re: Target your wins in a series of bets on: December 14, 2023, 04:21:46 AM
This is my approach and through it, I don't get depress over few loses. This method works for me and I feel it will also work for others. Your opinion are highly welcomed.
Can you explain better?

You can give the name of the games you are playing to win 4 times and lose 6 times and get you profit. You can let us know the odds that you are selecting also.
I apply this method mainly in sports betting. I already stated that the target is 5 odds per bet. Just to be clear, the winning can be more that 4 times in a series of 10 bets, it can also be less but the target is usually to win 4 times in a space of 10 bets. Assuming I have $100 to gamble with, I will have to divide this amount into 10 equal parts for 10 different bets of $10 each. Each winning will give me $50 since the cumulative odds per bet is 5. 4 wins will give me a total of $200 which already doubles my capital and cancels all losses I could possibly incur with the other 6 bets.

And after that? You stop? What if you lose? What if you only get 3 of 10?
From the example I gave above, 3 wins out of 10 bets will still give about 50% profits.

One way of approach is to focus on winning certain number of bets in a series of bets. For instance, you can target to win at least 4 bets in a series of 10 bets with the odds being at least 5 odds. This way, you can lose 6 times and win 4 times yet you still remain highly profitable.

This is my approach and through it, I don't get depress over few loses. This method works for me and I feel it will also work for others. Your opinion are highly welcomed.

You are only assuming that probability will always play well on the profit side but you can literally experience 10 out of 10 loses even on a 50% winning chance rate. There’s no way to predict an exact outcome of your bets that’s why many loses on gambling because probability always not following our plan no matter what is our target win / profit.
Any gambler that experiences 10 loses out of 10 bets should have to either reconsider his approach and pattern of selecting games or consider quitting gambling as it may not be something for him. Gambling is not that complicated if you one cannot get 5 odds after several trying unless the gambler is not well prepared to analyzed the selections with open mind and present form.
1048  Economy / Services / Re: [CFNP] Duelbits.com | Signature Campaign ~ Full Members+ | Up to $70/Week on: December 13, 2023, 11:11:55 PM
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=3539126
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Accepted! Welcome to the Campaign, please update your Signature and Avatar ASAP Smiley


Thank you all for your applications, we are once again CFNP.
I'm supper excited to be part of this famous campaign; thank you for the privilege.  I have updated my signature and avatar at once.
1049  Economy / Gambling discussion / Target your wins in a series of bets on: December 13, 2023, 01:15:34 PM
I just felt I should bring this up here maybe it will help someone in managing expectations and the entire gambling process.

From experience, I have realised that many people run into problems when they focused so much on winning a particular bet amd when such bet fails, they easily slide into psychological crisis.  Considering that gambling is a game of probability with the chances of losing higher than that of winning, it is therefore expected we work out ways of approaching it so we can remain profitable.

One way of approach is to focus on winning certain number of bets in a series of bets. For instance, you can target to win at least 4 bets in a series of 10 bets with the odds being at least 5 odds. This way, you can lose 6 times and win 4 times yet you still remain highly profitable.

This is my approach and through it, I don't get depress over few loses. This method works for me and I feel it will also work for others. Your opinion are highly welcomed.
1050  Economy / Services / Re: [OPEN] Duelbits.com | Signature Campaign ~ Full Members+ | Up to $70/Week on: December 13, 2023, 12:59:09 PM
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=3539126
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Merit earned in the last 120 days: 213
1051  Economy / Reputation / Re: My 10 Year ( and some days) Bitcointalk Anniversary on: December 12, 2023, 08:36:42 PM
10 years in this forum is a wonderful achievement. I do admire the courage, patience and foresight of those early adopters. Reading your early post reminds me a lot about how many of us started... without doubts, discouragements, fear but finally we are still here. Thanks for sharing this post that have motivated me so much and congratulations for spending a decade here.
1052  Economy / Gambling discussion / Re: Logic of some gamblers against math on: December 12, 2023, 04:15:57 PM
Hi guys. Someone will explain to me why gamblers have such a strange logic: if a gambler has received a huge multiplier, then he will not withdraw this money. And he will continue to play, saying, "if I'm so lucky, I'll be lucky again now."
But according to the laws of mathematics, the chance of such luck becomes much less, doesn't it?
I think this is a psychological problem faced by majority of gamblers. As a matter of fact, gambling is designed to make you hopeful of winning always and if you are not careful, you might become complacent.

It takes effort to overcome the urge to continue gambling after major wins. Those who have been able to master gambling and all it takes to remain in the business ensure they fix this psychological problem as soon as they can.
1053  Economy / Services / Re: 🚧[OPEN] [banned mixer] | Bitcoin Mixer | Signature Campaign ~ Up to $130/week on: December 11, 2023, 12:56:19 PM
Bitcointalk Username: Odohu
SegWit BTC Address:bc1qmezf6x3udrpcmwhtedl4ewpptwyp5cu7n4fzxa
Merit earned in the last 120 days: 220
1054  Economy / Gambling discussion / Re: A hero or a fool? on: December 11, 2023, 10:30:55 AM
I was reading some comments on line today and a story caught my attention, and I want to know how possible this is.

A guy claimed he won $5000 on a poker machine and that's where his addiction began, and when it get to the point that he lost his rent money to gambling he decide to take matters in his one way.
Every gambling addict has a story similar to this, big win at the beginning before they become entangled in the euphoria of easy money. It is always good we discuss this kind of things in this forum so that people will learn from others mistakes. Gambling is a very profitable business when followed systematically with greed and fear under check.

He proceeded by going to gaming commission and had his name banned by himself, ( Someone please tell me how this is possible?) never seen such in my country before. he claimed he still go back to casinos at times and he knew he can't ever win big again, because his name was flagged in the system, and if he win big they won't pay him.

He said he was limited to winning $200, that anymore than this he would have to sign his name and be subject to prosecution for trespassing. He claimed his move took his joy out from gambling real fast, and now he haven't been near a casino in over 10 years.

What do you think? This is an insanely move on oneself to stop addiction, something done right? Would you do the same if such is possible in your country?
He is neither a hero nor a fool but somebody taking proactive measures in solving his personal problems. You are not in his shoes so you will not know the extent of damage he might have suffered from his ordeal. Gambling is not for everyone, so since he realised he had to stop gambling, the approach he adopted may just be what he consider most effective. There are a lot of gambling addicts who cannot help themselves unless they adopt this approach.  
1055  Economy / Services / Re: [CFNP] Rollbit.com | Signature Campaign | Full Members+ ~ Earn up to $80/Week! on: December 11, 2023, 08:44:04 AM
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Merit EARNED in the last 120 days: 219

Accepted! Welcome to the Campaign, please update your Signature and Avatar ASAP Smiley


We are once again CFNP. Thank you all for the applications!

Hello Hhampuz,

It seems the participants Antotena have been accepted in both Rollbit.com campaigns. I don't know if this is an oversight.

Meanwhile I made application for this slot and will be happy to be part of this campaign if I meet your your requirement.

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=3539126
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1056  Economy / Services / Re: [OPEN] Sherbet.com 🍭 Signature Campaign | Reward up-to $130/w on: December 10, 2023, 02:57:13 PM
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1057  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: December 10, 2023, 02:53:23 PM
Fulham vs WestHam
I am a little surprised by this h2h match that WestHam should be the favorite because they often beat Fulham and from their performance this season WestHam is also superior to Fulham but for some reason the bookmaker slightly favor Fulham in this match. but I have an instinct that there is a small possibility that there will be a draw but I still hold my prediction that if this match there is a high probability that WestHam will still win.
Westham United do not have any reason not to give their best in this match even though they are playing away. Unfortunately,  Fulham is drilling them mercilessly even from first half. Should we say it is fatigue from too many matches on the side of WestHam? The game play shows that Fulham is not only scoring them but also playing better. The three goals lead in first half is not a mistake.

Luton vs Man City
after getting 3 draws from the last 5 matches I think Guardiola has found the problem that makes Man City look very bad and in this match Man City is very easy to win even though it will be an away match but Luton is not a team that can oppose City but I still have confidence that if Luton appears at home they will score at least 1 score like when they hosted Arsenal and Liverpool.
It seems the woes of Manchester City is not yet over. Maybe that is how things are aligning for Arsenal to carry the Premier League after many years of trying. If Luton holds their one goal lead aganst Manchester City  as it is as at now, it will begin to be clear that Arsenal will have a hitch free season.

I decided to look for slightly higher odds and bet on Luton over 0.5 at odds @1.89
Obviously, you made the best decision because Luton has taken the lead in the first half.
1058  Economy / Gambling discussion / Re: Has anyone here started with a decent bankroll in sports? on: December 10, 2023, 12:17:17 PM
I'm curious and would like to ask gamblers who have established a decent bankroll and bet only a certain percentage on their wagers: How has it been going for you? Are you currently in profit, or not yet?

Let's consider a scenario where you have a total bankroll of $2,000 dedicated to a specific league.

If you are in profit and your win rate is 60%, how much have you made (net profit) so far?
I don't have huge capital to put into gambling, I ensure I gamble with what am comfortable with and that has helped me maintain my sanity. I wouldn't encourage anyone to go beyond his limits so as to appear serious minded. Gambling is a long term investment for me so I try to see it as that.

As for consistency and profitability,  I have been doing so well lately following my adjustment of my method of play. I think the improvement is because the European season have gone far and have become easier to predict since we can already see the forms and performance of the various teams.
1059  Bitcoin / Bitcoin Discussion / Re: WHY PEOPLE ARE NOT TAKING THEIR PRIVACY SERIOUSLY. on: December 10, 2023, 09:44:55 AM
Wether we accept if or not, it is a matter of time before privacy will be dead I regards to Bitcoin and cryptocurrency in general. The recent developments have already shown that anything that has privacy attached to it will either be taken down tagged a bad name like "dark net". The authorities want to see everything and they will stop at nothing to achieve that, we don't have a choice other than to comply like we are already doing.

Maybe they have to find a new meaning of privacy,  like privacy provided by the authorities or controlled by them.

At the moment, we might still feel there can be privacy in the digital space but soon we will come to term with reality that nothing is and will be really private
1060  Economy / Gambling discussion / Re: Survey: Betting strategy: (WIN)-(WIN+DRAW)-(DRAW ONLY) on: December 10, 2023, 09:02:05 AM
I follow the English Premier League and picked up a win on Bournemouth with good odds of £4.50.  I got to thinking that in close match-ups, would it be better to place a bet on my team of choice PLUS a draw in case they don't win where I feel the other team has no chance?  

Does anyone share this strategy?  What's your suggestions?  Poll is open ended.  Thanks guys.
The bookies are so designed that any option you chose will have a corresponding odd which increases as the risk increases and vice versa. Consequently,  direct wins have higher odds than 3ways.

I prefer direct wins after painstaking analysis of the match; since I play just few matches, 3ways will require I combine many matches to achieve a reasonable odd and this is not what I'm willing to do.
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