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I have never thought of that but basically, we might see more P2P ways to gamble and they're gonna happen mostly into those games that have PvP features.
It happens in most games but I'd like to see how it goes like if you're wearing those AR/VR headset and you're the one that's gonna fight and move for your character trying to defeat the opponent in the other side of the world.
Maybe some sporting games too but it's the community that will be setting the guidelines for betting because these games won't allow to have some betting features from them because they have to protect the younger players that they have.
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With so much data that are on the internet, it's very accessible to get into online casinos. And I'd just stop the argument that what men can do, can't be done by women.
We're on a different era where there's no more gender bias and there's now equality to what we do depending on the setup of each man and woman.
That's why if we're into gambling, no doubt that there are women that are also into it. It's not just highlighted because the gambling industry is dominated by men, same as the others. But I wouldn't think of any differences because this is a different time that almost no restriction to what a free country allows to let men and women do whether in gambling, or etc.
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Did someone posted this already about what's the desire of Lebron for his next contract with the Lakers? he's seeking to have 9 digit figures with multi-year with the team. I thought that he's about to retire and he just want to play with his kid for one season and that's done after that. Source: LeBron James Reportedly Seeking Nine-Figure Deal With LakersBut I don't think that the Lakers will give him that contract. They'd choose a younger superstar with that money and not with him although he has now became the face of the franchise. |
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yeah that's true. Base on my research about the previous halvings though haven't experienced anyone yet. But have done some research I found out that most time during Bitcoin halving bitcoin do undergo a certain dip(fir short-term), and after the halving alway experience a great surge in price. And most people may actually be thinking of purchasing bitcoin at that moment it experience the dip during the halving. And most of them may eventually endup missing out. And some may endup not accumulating more quantities of Bitcoin for the upcoming bullish run.
They don't actually know that those that have already embark the use of DCA strategies, and at the same the buying the dip would have more chances of a accumulating more bitcoin in their portfolio, Mostly with efficient and frequent DCAing.
But it seems different this time. Before we even touch halving, we've been seeing the pump that much and that's actually a good sign that this bull run might be better than the last one. Last year when Bitcoin was under $30k, that was the great time for everyone to accumulate but it's still possible since we haven't peaked yet. Because I don't see the need speculating when you are not ready to invest, normal as you speculating at same time try accumulating. To be in a safer side.
It's just for the sake of being curious and wanting to get into discussions about these prices. It's always been interesting if it's about that topic. Speculating on current price is actually for people who do daily trades and if they are planning to hodl then I guess much better they should avoid participating on any discussion like this since their decision making might be affected and they could done bad decision that can stop their plans and make them a loser in short span.
Bitcoin will surely surge soon that's why its really better for people to set up their DCA plans and stop doubting and start reacting so that no regrets will come on them if they see some good runs happening.
Expect other folks to only speculate since maybe they are not prepared yet and their knowledge is not enough that's why they can't decide for theirselves on what are best thing to do in some situations occur.
It's okay to participate to discussions but if it's for your sake and you're not really into it, you just read the thoughts and comments that might have some good things to pick. |
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And it's just like you're free to do whatever you want. You have money? you buy. And even if you have money but you don't buy, then buy some other day or just totally don't buy at all.
That's one of the beauty of DCA.
Yeah DCA strategies is Indeed exciting, to me I don't think there's much need to start speculating the price bitcoin going to it and all that. Because I've already know that Bitcoin gonna surge massively, but just as you guys said we know is gonna happen but we can't actually tell when is happening. So I have strong believe in Bitcoin, and all I care about is to accumulate some good quantities of Bitcoin Because am actually still far from my goal in accummulating Bitcoin. That why need to be patient by exercising long-term investment so that would be able to accumulate more bitcoin and yield good profits. Forget about speculating the price in the present but what you're doing is preparing yourself in the future with a set price you think possibly Bitcoin gonna meet at that time. It's no doubt that Bitcoin will surge soon at this cycle and it's not going to be continuously happening every cycle and there's a stopover after that. Those that have been doing DCA for a long time might get a window for selling at that point and that's the time they should take their profits. While there are folks that are all talk and can't put money on their mouths, they're going to keep on speculating until they realize that it's all over and late for them. |
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And this is the function of running a DCA strategy because the price of Bitcoin is not easy to predict in the near future, but in the long term the price of Bitcoin will rise even if there is a decline.
We may be able to speculate the price of it but if it's about predicting it properly and accurately, one thing we can say is that it's always been unpredictable. Doing DCA doesn't require thinking about what the price of Bitcoin will be tomorrow, the day after, and so on and all it does is keep accumulating Bitcoin whatever the price. And with DCA we can minimize investment risks due to erratic market movements, and no one can predict Bitcoin prices accurately even if they are experts.
And it's just like you're free to do whatever you want. You have money? you buy. And even if you have money but you don't buy, then buy some other day or just totally don't buy at all. That's one of the beauty of DCA. |
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My decision? Nothing but to HODL.
That's all, it's not just going to be back to $60k again and we're actually close to it and just a few jumps away and we're back to the former ATH. The halving will make more significant pump for the price of it.
And as much as we're predicting that much, maybe the delayed $100k that was seemed to be predicted for 2021 bull run is going to continue and will make it happen this time, 2024 or 2025.
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It's not the best way because if you don't have that capital, you see how it is going to be, you'll not be able to. But if you have some small amounts and they're spare, you can invest to their bankroll and be with the casino and win through house edge against the gamblers.
While your point may be valid, understand the difference between the best way and the easiest way. Assuming you have all the money needed, the best way to make the money is by opening the casino. But if you don’t have the money to launch a casino, you have to go for the easier way due to your hinderances. You see? Yes sir, I understand. If it's about making money and I have money needed. I won't open a casino, it sounds easy and profitable but it's too hectic. And that is because with all of the competition against the big casinos right now, it's like a saturated market although there's a lot of money really on this industry but I've got something better to use with that capital if I have. |
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Everyone is free to invest in Bitcoin whenever they want. It's not always as profitable as it may seem because it's for the patient investors to wait for the long term.
And that's why if you consider yourself investing to Bitcoin for a short term period of time, that's your strategy and no one can stop that. You just can't force people and say that they should hold for long term if they don't like and what's promising to them is to hold short term.
To invest or not, that's the decision that you can't force to everyone that have the idea on how they're going to take for themselves.
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I'll give you two examples: Garreth Soloway ( featured in Kitco a few times ) and Davinci ( early Bitcoin adopter )
They both shorted Bitcoin at 50K - 49K. And quite likely they're both getting liquidated soon.
To me it simply goes to show anyone can be wrong, and you shouldn't be certain of anything short term.
I know Davinci and he's great when he's encouraging people to buy Bitcoin several years ago. But that's it, and should stop from the admiration from there. If it's about trading, anyone can have mistakes and their presence on their platforms can be there but it doesn't mean that they're always good and right. I haven't followed him since that viral video of his but I do subscribed to his channel but rarely watch his videos. |
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~snip~
Gambling isn't an investment but if you take part with those bankrolls investment, you are investing on the casino and you're with them.
But if you gamble alone, you're the customer and gambler where they are earning.
~snip~
Although this takes time but this is more of an assured way for you to be an expert.
Yeah, you're spot on. The thing is that a lot of people believe the idea that a casino is a sure way of making money. It definitely is not. You can of course win some money, and some few people actually have managed to win big in casinos. But the reality is that the vast majority have lost more than what they have won. It's still a fun thing to do if you keep things under control though. Yeah, I still get that a lot when people think that they can make easy and quick money with gambling. But little did they know, they'll be the one that shall be taken their money from by the casino. That reasoning is wrong and they have to realize that once they've lost a lot. Gambling isn't an investment but if you take part with those bankrolls investment, you are investing on the casino and you're with them.
But if you gamble alone, you're the customer and gambler where they are earning.
The best way to invest in gambling is really by owning the store or company. To start, you will need a lot of month though but eventually, you’ll be able to pay winners from the money others lose. Imagine the company that drake lost $1 million to (I know it isn’t always the case). It's not the best way because if you don't have that capital, you see how it is going to be, you'll not be able to. But if you have some small amounts and they're spare, you can invest to their bankroll and be with the casino and win through house edge against the gamblers. |
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Is the china government now encouraging it's people to mining of cryptocurrency (Bitcoin)?.
They've been too confusing with the news about them and we have no idea if there was an actual ban that had happened there. I don't think that with such big operations there of mining farms, they've been stop. Will this Bitcoin add to their economy development because I see something like 10% of all miner revenue. It says it is important giving the coming Bitcoin halving event.
What will this miners revenue contribute to the economy?.
The advantage is there and likely that they're not going to pass it on when the halving arrives. So, they're mining as much as they can before it or there was really no ban at all when the news have spread that there was one. Sure, it is a big contribution to their economy from their bitcoin mining revenue. |
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Speaking about future and investments, I don’t think of gambling as an investment because even if it can be based on statistics, it mostly has to do with randomness.
Gambling isn't an investment but if you take part with those bankrolls investment, you are investing on the casino and you're with them. But if you gamble alone, you're the customer and gambler where they are earning. Why not invest into a business or a skill, or something that can bring you money over time instead of planning to gamble with all you have. The top gamblers actually have real jobs, even if it is providing PAID expert predictions like in this thread.
Although this takes time but this is more of an assured way for you to be an expert. |
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Nice contributions. I think I've learnt Alot here.
I think making stable coins my savings wallet would just add up to my stress but rather I'll choose to invest percentage of my long term savings on Bitcoin.
That's the wisest choice that you can ever do. If you have that savings that you're doing then, it's best to invest a percentage of it that you can afford for your long term Bitcoin savings that whatever plan you have in the future, you're free to use it. Just this time, the amount of Bitcoins that you'll be getting is going to be lesser compared to several months and that's because of the price of Bitcoin going up but that's normal and part of the growth. |
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what are the advantages of trading in spot? I see there are many more coins available in spot but I guess that I should be careful with liquidity of those coins...
How can I know what coins to avoid? because of liquidity or manipulation etc? any tips when looking at the order book? spoofing etc?
The good thing about trading in spot is that you won't be timed by the market. And that's what spiker said about not being liquidated quickly. Because in futures, you'll get no warning when you're about to get liquidated or if you do, it's all done and gone. But no one can stop you from doing futures. If you think that you're good enough and you can gamble with it then try it. Just remember the tips that movements there are quicker and more pressing. |
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That's the question on the thread, that there are gamblers that can quit for a moment but then will still come back when they have to.
Trust me, if these gamblers are going to break the cycle they just can't. And that's because they have the urge to gamble still, no matter how long the break has been.
Awareness is there but, it's more accepting to them just go on and deal with the consequences later on.
Gamblers can break the cycle if they are willing to think about it. But many gamblers don't want to think about it and tend to get deeper into gambling and many of them even become addicted to gambling. The gambling problems they face get bigger when they neglect to think about breaking the cycle, especially since they have felt what it's like to gamble and get pleasure from gambling. It does require awareness and others to be able to understand that gambling is just entertainment and does not need to be used as often as possible because there are impacts that will be received by those who gamble excessively. If they feel they have a gambling problem, they should be able to recognize it and try to resolve it before it becomes bigger and they will not be able to resolve it. They don't want to think about it because are on it and they don't mind what's gonna happen and what's gonna be the result of it. We're all open to any result as long as we think that it's fair enough that we've been gambling for some reasons. We just accept the results regardless of it and then if we're tired and exhausted we keep away from any gambling activities and that's how we take our rest. But then, as the urge comes once again we just get rid off that control. |
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Some people are still waiting?
They do. I've been hearing low prices until they're going to buy but they don't get it. We won't be coming back to those levels that they're thinking because it's not how it goes. The bull has already been there and it will become stronger once we're done with the halving. And by that time comes, they're going to stop thinking about the low prices before they accumulate and again, another series of regrets will be there that they've never bought at those low levels. |
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It is going to be a cycle that they can't get rid off.
When they want to gamble and then for that reason is because they want to recover, they will never recover. Let's say some of them finally have recovered but out of the many, how many actually did? maybe really a few amount of gamblers.
Realizing their state and how gambling works will make them analyze themselves if they're still on track or no longer on it and that's why they need to control no matter how long it will take.
They can break the cycle by not gambling for a while and diverting their minds to doing other things so they never think about gambling. This circle must be broken immediately so that they can see that they still have a chance to overcome their gambling problem, but they must also have a strong desire to solve it. If the reason they want to recover is instead playing gambling again, that will never help but will instead make them unable to heal themselves and there is a possibility that they will experience a gambling addiction. There must be awareness and intention to overcome their gambling problem so that they can start looking for ways to overcome their gambling problem. That's the question on the thread, that there are gamblers that can quit for a moment but then will still come back when they have to. Trust me, if these gamblers are going to break the cycle they just can't. And that's because they have the urge to gamble still, no matter how long the break has been. Awareness is there but, it's more accepting to them just go on and deal with the consequences later on. |
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Don't worry if you can't pay the car, they're the one that's going to you and pull the car that you can't pay. While for the house, obviously, they can't just bring it with them but they'll send you a notice and deadline and extensions if you ever talk to them.
That's not how the process for the bank taking possession of someone's property and car. If you can't pay them anymore, call the bank and let them do the thing.
It's not just going to be easy as what you're thinking of "take my keys and leave!".
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Those that don't have self control will learn it the hard and expensive way. All it takes is just an experience that they will never forget.
If they haven't seen that yet to themselves then that's what they need to do. Because if they were able to control it some years ago, it's possible that they can again.
But if they don't think that there's not enough reason for them to do it, going back to the former, it is going to be another experience for them to realize it.
Gamblers who do not have self-control will only lose more money and cannot prevent losing after losing because they continue to gamble. That will be a problem for them because they cannot control themselves in gambling so they will only lose their money rather than get money from gambling. If they can't realize it, the problem will get bigger, and they won't be able to prevent it anymore. What's worse is that they will experience a gambling addiction that they won't be able to cure easily. More problems will come to them when they don't want to learn self-control, so we have to master good self-control. It is going to be a cycle that they can't get rid off. When they want to gamble and then for that reason is because they want to recover, they will never recover. Let's say some of them finally have recovered but out of the many, how many actually did? maybe really a few amount of gamblers. Realizing their state and how gambling works will make them analyze themselves if they're still on track or no longer on it and that's why they need to control no matter how long it will take. |
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