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121  Economy / Speculation / Re: Is doubling your investment more probable than we think? on: October 16, 2023, 12:59:58 PM
Bitcoin price could increase to $50k in the next few months or before the halving. But if it is about investment, we can increase the investment amount by accumulating more Bitcoins during this waiting period. And that means we still have time to buy Bitcoin until the specified time arrives.

And when the Bitcoin price really rises and reaches $50k before the halving, we can feel happy because the price is very likely to rise very high again. Our desired price target of over $100k may be achievable. But for now, because the price of Bitcoin is still below $30k, we still have to be patient.

I am in no rush to sell my Bitcoin especially if it could reach $50k as my price target is above $60k. But I hope we can sell Bitcoin at the price we want so that there are no regrets later.
Bitcoin is a relatively young asset, so it has a lot of potential and I think that the initial plan should include a much higher probability than just doubling our investment.

The average cycle that Bitcoin goes through takes 4 years, and hoping during this time to just double your investment is a very small profit with quite large risks, since in a traditional business you can also achieve a return on investment over a period of about 5 years. And since we are talking about Bitcoin, we should expect significantly larger profits over this period, I expect no less than x4-x5.

You're right, investing in bitcoin forces us to take greater risks, so just setting goals and expectations of x2 or x3 assets is too modest. We need to expect and achieve greater returns commensurate with what we have faced in the last four to five years. I will not sell my bitcoin if it does not reach $150k or more, I have faith and expectation that bitcoin will easily reach that level in the upcoming bull run. If we only expect x2 profits in 4 years then I would rather be in business and I can make bigger profits than that.
122  Bitcoin / Bitcoin Discussion / Re: Do you ever feel tired of waiting? on: October 16, 2023, 12:47:57 PM
Investing and holding can be profitable in the future, but very few people can hold for long. People almost claim they will last until the bull market, but this time takes about four years. We've seen bitcoin bull markets start every four years, after a long period of time bitcoin reaches highs and then gives investors double profits. Of course, long-term investors who are basically Bitcoin traders are able to Hodl on and never feel tired. But I've seen a lot of people get tired of investing in Bitcoin, and they can't hold it for long, and when the market starts to fluctuate they sell. As Bitcoin grew a lot in 2020/21 and the bull market started, accordingly we will see Bitcoin pumping in 2025.
You're right about this. Unfortunately, only a few percentage of us actually stay and continue holding and we can't blame those who decided to sell as I'm sure they have their own reasons (aside from probably getting tired and impatient). One reason I can think about is how they find themselves in a situation where they need to sell because they need the money for something (most likely an unexpected situation) and so they have no choice but to sell to make up for the money they need. Although it would've been ideal for them to have other sources to have for those types of situations, we're not the ones in their positions to dictate what they should have done. Nevertheless, no matter what, of course, it is still heavily suggested for us to continue holding.

Additionally, many people are using borrowed money to invest in bitcoin thinking that they can make profits or get rich from bitcoin quickly. So they will also sell their bitcoins when the market is volatile or the bear season lasts. In short, it can be said that people who are impatient and bored with holding bitcoins largely lack knowledge and experience about bitcoin. But that is also the rule of investing, we cannot expect a market where everyone holds and only sells when the price increases. So who will sell bitcoin at a low price for us to buy and who will buy bitcoin at a high price for us?
123  Economy / Gambling discussion / Re: The madness of gambling addicts. on: October 15, 2023, 11:19:51 PM

some people will get addicted faster to some things than other people (and other things)
if an individual is really sensitive to addictions the best thing to do it probably to just stay away of this things and focus on what brings him/her good experiences and feelings in the world

easier said than done sometimes but necessary.
That's very true because each person does not have good self-control, so many people will become addicted to gambling faster than others. They must really learn self-control so that they don't become addicted to gambling and won't be too interested in continuing to gamble, especially if they have won previously.

what do you think is the solution to get help to these people?
are you more into the individualistic side with a "too each their own" approach where there's some kind of natural selection and some will fatally lose anyway or do you take a more collectivist approach thinking that we should take care of all humans and get the person some support and network if they don't have the means to help themselves?

really curious on these possible points of view

I think our encouragement or sincere advice is also one of the great motivations to help people with an addiction easily overcome the temptation of gambling. Especially for those who are married and have children, these members are an excellent reason for them to try, review their responsibilities, and make more effort.  Or keep them busy. When you are active, you will no longer have time to think about participating in gambling games. And the last thing that effectively helps them is to work with them to find a solution to completely resolve the consequences they have caused.
124  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: October 15, 2023, 10:53:54 PM
Sancho going to Barcelona would be a dream for both parties. Juventus is not a huge team, but Barcelona could become a great team with him, they are still not far away from the title possibility at la liga, and they are doing great at UCL as well, so all those combined could mean that we could potentially see him do fine at Barcelona.

Juventus had so many troubles and I am guessing that we are not going to end up with that many amazing deals for them in the near future, players and their agents will know that they are not going to get what they want out of there and could face trouble and success could be very difficult. On the other hand if he goes to Barcelona then he is going to get everything he wants there, success, fame, money, everything will be there and he will be playing at the second biggest league in the world. Not like there is anyone who would be better than him neither, so he will get as much time as he possibly could as well.

Jadon Sancho has now been removed from the MU first team. His conflict with coach Erik ten Hag remains unresolved. Sancho will only return to play if he apologizes and actively practices, but he has no intention of doing that. Likely, he will soon leave MU. Barca is said to be determined to get Sancho. But with current financial potential. It's tough for them to buy him.
Meanwhile, Juventus is ready to recruit Sancho on loan. And his old team, Dortmund, will repurchase him if MU liquidates him cheaply.
125  Bitcoin / Bitcoin Discussion / Re: Bitcoin Vs Gold, land which better? on: October 15, 2023, 03:23:52 PM
Tell them Bitcoins are like gold but in Digital form only. To be more precise tell them Bitcoins are like digital gold. The investment procedure is same as of Digital gold. But why you should invest in Bitcoins is due to the decentralised nature of the coin. You will completely own the Bitcoins under you, and you don’t have to pay unnecessary taxes for the holdings. Moreover Bitcoins have grown at very high rate if you compare with gold. So definitely Bitcoins should be prioritised more than Gold when it comes about investments.

Well, I think this is the best way to explain Bitcoin to them by just comparing them to gold. Cause for sure even in the past, many people are already aware on how gold system works especially that you can invest into them. By just telling them that it's like gold, then they could have an idea that Bitcoin can be use as investment. The only problem is, some wouldn't trust the internet, which is pretty normal since there's a lot of cases where there's a scam, hacks and stealing. Just tell them both sides of the Bitcoin and let's not be biased, we all know that despite the benefits like decentralization, there's still risk involved. Cause they would like to invest or risk their funds into something they could see physically.

Even if you explain it hundreds of times, they will never believe in bitcoin, simply because their knowledge is limited and they are too familiar with gold, while bitcoin is still too new and unfamiliar to them. There is no better explanation or comparison than showing them proof of what you gain by investing in bitcoin. If you just talk and talk, no one will believe you.

But if it were me, I would respect my parents' decision and would find a way to invest with my own money. If we think bitcoin is good, let's prove it instead of explaining it.
126  Bitcoin / Bitcoin Discussion / Re: If not for Bitcoin on: October 15, 2023, 03:05:02 PM
All of these major incidents that you mentioned (3AC, Blockfi, Celsius, Voyager, Luna, and FTX ) are all centralized services that have nothing to do with Bitcoin in the first place. They are like parasitic organisms that had to be eliminated.

Although these incidents were painful and caused losses to many people, they had a positive aspect in that they made people realize the importance of Bitcoin and that it is the only coin that can be trusted.
Therefore, I support your opinion on this point. If it were not for the existence of Bitcoin, the cryptocurrency industry would have collapsed completely.

I believe everyone realizes the importance of bitcoin, there is no one who does not know about it. But greed made them rush into altcoins, centralized exchanges, and forget about bitcoin. I bet you that even if there are more altcoins crashing, people will quickly forget about it and continue to invest in altcoins instead of bitcoin. As long as people cannot control their greed, there will always be people investing in altcoins and altcoin projects will continuously be created.
127  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin is different from other means of investment on: October 15, 2023, 02:58:58 PM
Even though some people will argue that Bitcoin was not created primarily as a means of investment, it has become obvious that Bitcoin presents a good investment opportunity. Many people even use Bitcoin as a hedge against fiat is plagued by inflation. One aspect that have created much argument is real estate with many saying it is more reliable than Bitcoin that they claim is risky.

I know several threads have been made in this regards with most of them moribund. I created this post because I feel so bad regarding what happened in my country. As you can see in this post and the video in it, the state government demolished an entire estate with several buildings and properties inside. This is peoples investment that just got destroyed. This was a property approved by previous administration but demolished by new government...another risk many people do not put into consideration in real estate and some other physical investments.  This is a confirmation that Bitcoin is safer and better than many conventional investment portfolios.

Anyone still doubting the freedom, comfort and peace that Bitcoin offers is probably yet to embrace reality.



You just gave a small example that is happening in your country, and you assert that bitcoin is safer than all the rest of the investments. Is that too biased against bitcoin? Everyone will agree with you because this is a bitcoin forum, but if you bring this topic to another investment forum, how will people respond to you?  But can you tell me, if bitcoin is really as good as you say then why is real estate still considered the safest asset to date even surpassing gold? Why do top investors and billionaires still choose real estate over any asset, including bitcoin? Aren't those billionaires more stupid than us?

128  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: October 14, 2023, 11:38:42 PM
After the appearance of Jude Bellingham, currently, Luka Modric is no longer an untouchable name in the Real Madrid squad. There, Jude Bellingham continuously became a hero with great performances. Since the beginning of the season, he has only started 4 times in all competitions. Modric respects coach Ancelotti's decision. At the age of 38, Modric affirmed that he is still healthy enough to play regularly. The contract between Modric and Real Madrid will expire next summer. With his playing time decreasing, whether Real Madrid management will ask him to extend his short-term contract is still to be determined. But if the situation does not change, he should leave the Bernabeu this January.
129  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: October 14, 2023, 10:53:30 PM
Xabi has received widespread praise for his first job in senior management, having proven hugely successful since taking over at Leverkusen. Of course, Real Madrid is a name that is difficult to refuse if an offer comes. But my advice to Xabi is: Stay at Leverkusen until 2025. I think he should repay the board of directors and Bayer Leverkusen fans. Real Madrid not only holds an advantage in this race. Liverpool is also ready to join the race to bring Xabi Alonso to Anfield. The contract between Xabi Alonso and Leverkusen has a release clause. As far as I know, if one of his three old clubs, including Real, Bayern, and Liverpool, offers in 2024, Leverkusen will have to let him leave. The amount and terms are currently unknown.
Ancelotti's reign would soon come to an end and he'll leave the club to go focus on his managerial career in the Brazil national team  and I believe he might resign sooner, therefore Realmadrid shouldn't think twice in getting their former player Xabi cause I believe he'll make the perfect replacement for Ancelotti and also he could influence some of his current good performing players at Leverkusen to move over to Madrid with him, for instance Victor Boniface, who's a very good finisher and one of the best in the Bundesliga currently.

 Bayern already has a good coach in person of Thomas Tuchel and they've got no plans of sacking him yet, however Liverpool still got more contract with Klopp and could however still move  for Xabi in a case where Klopp seek to retire but I think the best option for Xabi to move to would be Realmadrid cause they've got a good board and owner that would back him up with funds and help him sign the rightful players to enable him succeed.

Yes. Real Madrid is in immediate need of a coach to replace Ancelotti when he is ready to resign. But even though Xabi will be the head coach, Victor Boniface is still not a name for Real Madrid to target. Victor Boniface will most likely be the top scorer for the Bundesliga. But Kylian Mbappé is the striker they want most right now.
If Xabi still wants to continue to stay at Leverkusen, Real Madrid still has many names to choose from, such as Roberto De Zerbi, Antonio Conte, Hansi Flick, and finally, they cannot miss the name Zinedine Zidane on the list. Some media reports have said that he will return as a coach. It's great that the French legend returned to the Real Madrid hot seat.
130  Other / Archival / Re: [OPEN] [banned site] Signature Campaign [Full Member +] on: October 13, 2023, 08:19:53 AM


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131  Economy / Services / Re: [PAUSED] Nitrobetting.eu Signature Campaign | Sr Member+ on: October 13, 2023, 08:17:20 AM
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132  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: October 12, 2023, 11:09:09 PM
Quote
Well it's obvious that the absence of two players Kelvin Debruyne and Rodi has contributed to their poor performance and this should let Pep Guardiola to know that the team still needs strengthening,
Yes mate I think Manchester city are suffering from extreme injury problems and the match against arsenal exposed how even them can fall without the right players, they are missing Kevin and some players are playing the wrong roles or aren't playing in their natural position.
One of the biggest mistakes they made was to sell some very important players and they didn't improve their midfield

I guess you are talking about players like Gundogan which was replaced by Kovacic from Chelsea. Every strong team must have a weakness and that of Manchester City was noticed and that was used to take advantage of them. It shows that they can’t do without some certain players even if they substitute with others. Lack of De Brune in the squad have not been showing too much when they have been playing other teams but now that they face a big team like Arsenal, they have both miss out of the game with De Brune and Rodri. This is just a game and it happens to anyone it wishes at some point and I think Manchester City won’t be weakened by this not to do better in their next match in the league.
Undoubtedly, Kelvin De Bruyne and his Manchester City teammate Rodri were two of the most important members of the Pep Guardiola team that won the treble last season and that why since the sustained injury this season, Manchester City hasn't been getting good results like they were getting last season.
The absence of Kelvin De Bruyne also has significantly  affected Erling Haaland's goalscoring abilities as the Belgian was always assisting  Haaland for most of his goals last season. Rodri's injury isn't as serious as De Bruyne's injury an would return to action very soon.

We must admit that Kevin De Bruyne and Rodri are two indispensable factors in Pep Guardiola's tactics. Especially De Bruyne, he is the center of Man City. They are facing difficulties after 2 consecutive defeats in the Premier League. However, their good players like Rodri, John Stones, and Kevin De Bruyne are about to return after injuries and suspensions. Perhaps Man City will once again send chills down their opponents' spines. The good news is that Rodri's suspension has ended, and Man City will have his services in the upcoming matches. As you said, De Bruyne's return will be a real boost for the team. The person who will benefit the most from De Bruyne's return is Erling Haaland, the striker seriously declining due to De Bruyne's absence. De Bruyne's  can provide Haaland with the best passes.
133  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: October 12, 2023, 12:29:57 PM
Competition to get the services of coach Xabi Alonso seems to be more likely to be seen from Real Madrid and also Bayern Munich but what is really reported to be really hoping for Xabi Alonso arrival is Real Madrid because Ancelotti will expire his contract in the middle of next year.
This will be good successor to Ancelotti who has made quite a big difference to Real Madrid and it seems that in the hands of Xabi Alonso the Real Madrid squad is able to always be close to the La Liga or UCL title every season considering Leverkusen can perform optimally under his guidance Xabi Alonso.
I would rather see Xabi Alonso with Real Madrid than with Bayern Munich because for several championships Real Madrid has much better chance of being able to perform competitively compared to Bayern Munich.

However, Xabi has a different view of the targets at several clubs who are interested in him. with the squad at Leverkusen, he was able to provide a good performance. So there is a lot of public opinion that if he trains a better quality club, it will give the team a very good performance. Munich may be interested, but they shouldn't win the race. Xabi would indeed be very suitable for Madrid. that's what fans are talking about a lot right now.
Madrid is not bad, but to continue the very good trend that Ancelotti has built in Madrid so far will clearly not be easy for anyone. but Xabi has the ability to do that.

Xabi has received widespread praise for his first job in senior management, having proven hugely successful since taking over at Leverkusen. Of course, Real Madrid is a name that is difficult to refuse if an offer comes. But my advice to Xabi is: Stay at Leverkusen until 2025. I think he should repay the board of directors and Bayer Leverkusen fans. Real Madrid not only holds an advantage in this race. Liverpool is also ready to join the race to bring Xabi Alonso to Anfield. The contract between Xabi Alonso and Leverkusen has a release clause. As far as I know, if one of his three old clubs, including Real, Bayern, and Liverpool, offers in 2024, Leverkusen will have to let him leave. The amount and terms are currently unknown.
134  Economy / Gambling discussion / Re: Gambler avoiding friends after a big win. on: October 12, 2023, 11:47:58 AM
Some folks out there, they actually act like that – they distance themselves when they strike it big. It's just the way things are in the world we live in; we can't control how people will change based on their circumstances. Typically, wealthy folks tend to stick with other wealthy folks because they think it guards against being taken advantage of.

Perhaps the winner believed that having a lot of money would earn him lots of friends, maybe even some relatives wanting a piece of the pie. People might label him as selfish, but that's just how it goes – people change, and that's the one thing you can count on in this world.

Yes, this will happen because this is the law of nature. I will exaggerate a bit. This is the law of class division. Based on many factors such as property, power, labor function, etc. The higher their property ownership, the higher their class, control, and power. On the contrary, people with little property and power are in the lower classes of society.
The fact that he won big proves that he has a lot of money. He needs to find someone with the same or more wealth than him to make friends with. For example, a police officer or a doctor cannot be close to a farmer or janitor. And This happens when their friendship crosses class boundaries.
135  Bitcoin / Bitcoin Discussion / Re: Hodling vs trading on: October 11, 2023, 01:56:08 PM
Like you, I find holding easier and risk free.

Holding is considered easier than trading but is not without risk. We all cannot know what will happen in the future so it is difficult to predict anything. For example, the future of bitcoin is still a question mark, what if we hold for the long term and one day the bitcoin disappears or the demand for bitcoin declines and the price never rises? Every investment has risk, we should not be subjective, especially new and volatile assets like bitcoin.
136  Economy / Economics / Re: Help me analyze the feasibility of this business idea on: October 11, 2023, 01:39:54 PM
But now I have grown to know how much teachers are paid and the fact that a single source of income isn't enough to sustain one in today's world

The part when you say that salary from teaching will not be enough for everyday life is a bit sad actually, I thought it's only happening in my country, yet I am wrong.


I think this may depend on the area and whether you are an elementary or middle school or college teacher. In my country, many teachers have very low salaries and struggle to take care of their families, even forcing them to find other part-time jobs like what you and the OP mentioned. But besides that, many teachers have quite good income, in addition to income from school, they also open classes at home and have many students come to study. They don't even have time to rest and of course their income is huge.
In my country, teacher salaries are also low, so many teachers have to make money on the side by doing business, there are also those who sell online and quite a few are now taking advantage of developing technology such as YouTube, Facebook and TikTok. to become a content creator.

This is very different from developed countries where teacher salaries are the second highest after doctors and paramedics. Yes, in my country. The second lowest number is like disrespecting teachers. So this is the fate of the nation's children who do not give birth to intelligent people. The government should set teacher salaries because one of the reasons why great people are born is also because there are teachers who educate and teach. So we hope that in the future teacher performance will be increasingly appreciated. Sorry I vented, I talked like this. Coincidentally, my older brother is a high school teacher, he also earns extra income by giving private lessons and selling online too.

Education is the foundation that helps evaluate whether a country's economy is developed or not, the future of the country depends entirely on education. So it's terrible that many governments still don't see that importance and look down on the education sector. In my country, education is also gradually declining as schools and teachers begin to care more about students' achievements than their actual learning abilities. This is really alarming for the future of the country but it's too bad that the government doesn't see it and it's going downhill day by day.
137  Other / Archival / Re: [OPEN] [banned site] Signature Campaign [ Full Member + ] on: October 11, 2023, 12:24:33 PM
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138  Other / Archival / Re: [OPEN] [banned site] Signature Campaign [Full Member +] on: October 11, 2023, 12:24:19 PM
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139  Economy / Economics / Re: Help me analyze the feasibility of this business idea on: October 10, 2023, 01:22:11 PM
But now I have grown to know how much teachers are paid and the fact that a single source of income isn't enough to sustain one in today's world

The part when you say that salary from teaching will not be enough for everyday life is a bit sad actually, I thought it's only happening in my country, yet I am wrong.


I think this may depend on the area and whether you are an elementary or middle school or college teacher. In my country, many teachers have very low salaries and struggle to take care of their families, even forcing them to find other part-time jobs like what you and the OP mentioned. But besides that, many teachers have quite good income, in addition to income from school, they also open classes at home and have many students come to study. They don't even have time to rest and of course their income is huge.
140  Economy / Economics / Re: Bitcoin Is Better Than Digital Gold on: October 10, 2023, 01:09:19 PM
The connection between gold and bitcoin (BTC) as stores of value is obvious, and the demand for BTC as a digital store of value was a big reason why the cryptocurrency grew in popularity, crypto services provider Matrixport said in a report Monday.
Bitcoin’s market capitalization is $540 billion, equivalent to 10.8% of the market cap of physical financial gold, Matrixport said, adding that gold exchange-traded-funds (ETFs) are valued at $200 billion. Read
And that only shows that Bitcoin is still not yet on that peak whilst gold was already in there. I don't own gold so I don't have an idea on how huge the market of it and not for now that I'll get into it as I want to be focused first with Bitcoin. But with your title, most people are thinking that Bitcoin is actually the digital gold. So, you can remove that word 'digital' if the thread is all about comparison of Bitcoin and gold. We've got a lot of discussions about it already in the past and since you're in a Bitcoin forum, obviously everyone is going to say good things about Bitcoin and how optimistic we are. The potential of Bitcoin can be seen with that comparison of gold's market cap and itself.

As far as I know, the total capitalization of the gold market is more than 10 trillion dollars, which is many times larger than the capitalization of bitcoin and even many times larger than the entire cryptocurrency industry. Gold has achieved huge success and those who invested in gold in the early stages also reaped huge profits. Gold has reached its peak and become safe, so when it comes to profitability, gold will appear weaker than new assets like bitcoin. Meanwhile, bitcoin is still very small compared to gold or other traditional assets, so we are willing to accept risks to invest in bitcoin in the hope of gaining huge profits from it.
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