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121  Alternate cryptocurrencies / Altcoin Discussion / Re: Buying more of the Dip on: April 22, 2024, 04:32:12 PM
Best and right thing to do. I understand those who will panic and be scared of sudden dips but try looking back on crypto market prices, on how far it climbed since last year, which is for me enough to be calm and to see more of its potential even if a sudden crash will take place. No one's required to fill more of their bags during dumps. But if you are seeking for bigger profit then embracing the risk would be the best thing to do. If you're that worried then choose major coins of this industry; Bitcoin, Ethereum, Solana, and the likes because these tokens will not let you down in a single snap.
Since they have a rich president and well prosperous nation nowadays because of their successful war against gangs and drugs, they can easily do that and they are doing the right thing since they can actually manage to fund other important things in their country while at the same time, they buy some more bitcoins in the dip. They can afford to lose it all and they also believe that they gonna make a huge amount of money once bitcoins reach its maximum price or it reaches another amazing breaking-record ATH this halving season.
Problem is using the economy's fund for a risky investment. What I am referring to, above, is individual investors to take advantage of dips. It is a different story if El Salvador's funds would be on the line simply because many people would be affected by uncertainties unlike with single investors who could manage the risks on a better manner.
122  Economy / Gambling discussion / Re: Why the Reluctance? on: April 22, 2024, 03:48:43 PM
If you are referring to sports providers outside your country then I guess there's a restriction for them, assuming. But if it is with providers inside your country, then one guess of mine is that competition is already big and they might probably be focusing on other industries. Makes sense right? As you've mentioned, there are no tight and clear restrictions for gambling providers then I assume that there is a large number of online gambling platforms already which makes it hard for new ones to have a spotlight or first ones to maintain their spots. Also to the same extent, what's the sense looking for non existing platforms if there are ones which are present? Not to be offensive but am I not right on this?
With what you've specified, I think a lot of gambling companies would want to offer services from bettors in that region but their are many things that would be hindering them, despite the population and the amount spent on gambling, for instance they might not fall in line with the taxation policy of your government that alone hinders a lot of companies from doing business in many countries.

 Secondly is the regulation or fines form your country doesn't align with that of the company then they won't want to invest or do business in such country. But I believe there are many betting companies operating in Nigeria and I'm aware that the competition is very though over there among different betting companies but one of the most outstanding betting company over there is sporty bet.
Also the idea of not being illegal is different from being supported by governments of course. This concerns requirements and things to comply for providers to run their platforms, which I think something to be considered as well on this discussion.
123  Bitcoin / Bitcoin Discussion / Re: What will Happen to crypto market after Bitcoin halving?? on: April 22, 2024, 03:16:48 PM
Hard to speak with certainty but I'm gonna make a guess based on the past or previous halving  A correction might take place and that is the time investors will accumulate Bitcoin and other tokens out there in preparation for the "true" bullrun, probably few months after the halving. Of course anything could happen and I might be wrong but we have no other basis to hold on to. The only thing I'm sure of is to hold for now and wait for further market confirmation. It would be bad to sell or buy instantly 'coz no one knows what direction crypto prices are about to move into.
We feel bad and disappointed with the outcomes of halving because we already assume that it will skyrocket.

I think only you, the newbies, those in a hurry to get rich quickly are disappointed with what is going on. Because those who have gone through previous halvings or have enough experience in the market are not disappointed or complaining.

If everything can be so easily predicted, who do you think will be the losers in this market for you to take profits? Everyone is waiting for bitcoin to increase in price after the halving and will take profits, so who will be rich enough to buy all those bitcoins at high prices if things happen in such a simple way?
History has shown that halvings are the catalyst for a bull season, but there is no guarantee things will always play out like this and this is the financial markets, the markets are the battlefield.
Indeed, new ones are haaving the tendency to expect things to happen in a single snap. And unfortunately they are more prone to bad decisions and sudden loss as well since they tend to panic on every price decline which happens on a daily basis. Tip to the new ones is to know what they got themselves into and know how to respond properly to market price volatility.
124  Alternate cryptocurrencies / Altcoin Discussion / Re: Why are more people getting excited about memecoins? on: April 22, 2024, 01:39:06 PM
Because there's a hype to it.
Many people gained huge profit from $PEPE, SHIB, DOGE, and other memecoins before. Most of these coins are indeed having no utility but a hype is enough to create a demand for a certain token, and that means profit in every price increase that demand will generate. I never heard of simsol and I have a general viewpoint about memecoins; high risk, high rewards. If your risk appetite could tolerate the volatility these coins are having which is higher than most of the tokens in the market then you're free to go and invest into these coins. We cannot really say memecoins are trash because many people benefit from these projects still. You just have to manage the risk by setting stoploss or simply not putting that much into it, then you're good.


125  Economy / Economics / Re: Is Bitcoin’s bull run coming to an end? on: April 22, 2024, 01:11:37 PM
Sit back and relax. Did you expect things to go up in an instant? Well, that's not how this industry works. Indeed expectations are because of the halving but using it as a reference should as well consider what actually happened on the previous occurence of this event. Pumps took place months after the halving which I guess making sense to just wait for now given that a few days has just gone by after the halving. You won't win anything if you would be impatient of crypto market prices.

Quote
Is Bitcoin’s bull run coming to an end?

The market has become increasingly unpredictable since the Bitcoin ETF was approved and frankly, none of us know what will happen next. Bull season may not have arrived or has actually ended, all possibilities are possible. But it's just that we're expecting a big bull season like before, so most believe it hasn't really come yet. Personally, I also think that the bull season has not yet come, let alone it has ended.
And my question is if it doesn't come or is over then what do we do next, does anyone have a plan for this scenario?
Problem with lack of certainty, I agree. However, past is there to guide us in the future. I think Bullrun is yet to start. Plan is to just wait and if you will have an opportunity to invest more, if ever a crash will happen, then I'd say it would be an advantage doing so. However, this will depend on your risk appetite and on my end, this is what I plan to do. We know how huge the potential is for this technology and its adoption still is on progress which is something to look forward with. Declines in market prices are normal since volatility is in nature of this industry. Stay calm and be observant.
126  Economy / Economics / Re: Young people are less likely to accept traditional employments in this era! on: April 21, 2024, 07:40:11 PM
The ways of earning and living for young people have changed drastically since we moved from the agriculture(field) era to the technological( Internet money) era. Many young people are willing to sit at home waiting for a freelance job rather than going out to work for someone and getting paid little shillings. Research has proven that the rate at which people quit working in traditional industries has increased, perhaps they have found an online skill or a way to offer their services with high flexibility.
This report is correct. Most young persons do not care about an organization. In fact if they get employed today and their bosses annoys them or they feel they are not happy at that place, the next day they will tender their resignation letter or just not show up to the office. Young people have seen that their parents struggled so much and that they money that their parents made during their 35 years of working, they can make it in a few years and retire before 30. And thanks to tech, they are fully exploiting it. Some young people are working remotely from the comfort of their hotel rooms or somewhere in Dubia. The term for it now is digital nomads. It is like they are waging a cold war against traditional employment. But is their mental health better than their parents? I don't think so.
If it's with their mentl health then it depends on the individual. Some people are getting happy if they have money; to give to their parents, buy the things they want, or anything that characterizes financial freedom. Well yes working at a young age is not advisable 'coz young ones should be focusing on their studies but we cannot blame them since they are the ones who sees the situation they are in. Our mental health would be affected no matter wha working set up we choose simply because we have different level of tolerance from one another.

With freelancing, I don't also see anything bad from it. Not following the traditional working set up is not a bad thing in the first place for the employee if that's his or her preference. I believe this is a part of evolution in line with technological advancements. There's also nothing wrong following traditional professions but let us allow everyone to make their own preference of how working and earning money should be done on their convenience and preferences.
127  Bitcoin / Bitcoin Discussion / Re: Are you increasing your bitcoin investments because of today halving ? on: April 21, 2024, 07:09:28 PM
Absolutely, but would rather wait for a crash first which I think is likely to happen given how low market volume is now. The time it will again crash, I would make a entry to fill my bag more and wait for months until the market recovers. It will always be a waiting game; if you are one of those who are expecting for an instant pump because of halving then you need to make another strategy on the upcoming bullrun.
Are you increasing your bitcoin investments because of today halving ? For how long do you plan to hold this new investment from here on.

I don’t need to increase my bitcoin in the portfolio because of the halving. Before halving, few years back, I always thought that halving comes with a lot of rewards attached to it immediately the halving takes place. After understanding that the bitcoin halving is just a step to reduced price of miners and does not come with anything significant immediately it takes place, I just decide one should rather stick to their long term strategy of accumulating bitcoins and high is through DCA. Some research have said that the halving can make the market go up or even go down depending on the market conditions before the bull run arrives. Bull run is unpredictable, so just stick to the DCA, it would be better for one.
Good thing that you managed to bought early and if that's the case and if you're already satisfied with your portfolio then waiting for the bullrun to start, is the only thing you should be doing right now. I did the same thing but I still add on my portfolio especially if there is an opportunity, not only with Bitcoin but also with other coins that I think has the potential to bw profitable. Bullrun is indeed unpredictable, what matters now is how consistent we are of believing that something big is about to happen for this industry.
128  Economy / Gambling discussion / Re: Is the game 'Fortune Tiger' or the little tiger game famous in your region? on: April 21, 2024, 06:41:13 PM
Never heard of this but as I searched for it, it shows a game like a version of slot but just have a theme of the name itself. So if it is just some sort of slot game, then I agree with the idea of not being greedy simply because you won't have any control of winning just like with most of pure luck games out there or with typical slots. I think it would be hard to push people to play this game especially if they don't really prefer slots in the first place. Many people are now into sports betting. I also play slots sometimes especially whenever I am having a bad day on sports gambling and just for me, it is just repetitive which makes it a bit boring. Well, it would be fun and all if you are winning but as we all know, such thing doesn't happen on a daily basis.

Good to hear that there are people having a game of their preference and I assume that you enjoy it. It is also an important thing to enjoy the game. We are all losing in the first place so at least aim to enjoy the moments you would be betting.
129  Alternate cryptocurrencies / Altcoin Discussion / Re: What's in For Altcoins after the Halving? on: April 21, 2024, 06:06:39 PM
The rally will most likely not to happen right now. Even major coins are still down which is something not surprising. It is just some people who expects that bull season will instantly start the moment halving take place but as the past shows, it won't. My guess here is that Bitcoin will be  either on a downward or neutral direction for weeks or months then volume will again increase after a another big news, then altcoins would follow. After bitcoin dominance then there would be for Altcoins. Although with no certainty, but the best thing to do for now is to wait for further market confirmation before deciding to make an action. Avoid FOMOs and just mind the market. The rally will not be consistent so there will always be a chance to make an entry; enough reason to not panic at all.
130  Economy / Economics / Re: Your aging and retirement plan is your responsibility. on: April 21, 2024, 05:45:12 PM
If you are talking investment in general then that would be better. Well, yes Bitcoin has the potential to be big in the future but given that it still laacks support from many countries I think you are putting that much of risk, given you are talking about retirement plan. It is a good thing you have investment plans but consider diversification, always, whether it is on cryptos, stock market, real estate, or whatsoever. Always diversify since you are speaking of longevity. Anything could happen and I'd prefer just to take advantage of this industry or technology while it exists, but not to have it as my 'endgame'. Well, I know how easy it is to say that you believe that much in Bitcoin and the likes but doing things on act is for sure different.
Most people who don't care about retirement is low or low middle class people.

Their parents didn't teach them how to manage money, their curiosity make them want to explore anything and since they always get bullied due to being poor, now they want to prove anyone if they have expensive stuffs.

It's a trauma that makes them like that, since I'm not in their shoes, I can't relate and they might have a point for doing that.
Quite discriminative, but I get the idea. I'd say they are not simply not thinking about it but they lack the privilge and financial capability to engage on investments simply because they need to prioritize what's urgent. Indeed some people succeeds if they have the will to do it, but it doesn't work to all people especially people on third world countries on the mentioned social strata. Also, not all people who are rich are into crypto industry, so I guess it depends still on one's actions. We are all seeking for our best future in the first place.
131  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin halving, historical price surges to follow? on: April 21, 2024, 04:14:21 PM
Well, what to expect right?
We could only base from what happened on the previous cycles and it just shows that higher market prices have been reached after the said event, so same thing COULD POSSIBLY happen this time. However as we all know, nothing comes in an instant if things are expected. Months or a year I guess, is the time where market price of Bitcoin and this market in general would be breaking ceiling once again. But for now, wherein halving has just happened, I guess it would be best to wait and observe. Many investors could take profit partially and that could yield to a market crash before they start accumulating again. Be observant and avoid hasty decisions. You may just hold your portfolio and let it rest. But in my case, I would be filling my bag more once there is a crash to take place.
132  Economy / Economics / Re: It's better to invest now than to regret it in a hospital bed. on: April 21, 2024, 03:39:44 PM
Investment is a necessity indeed while you're young but it is also important to have initiative and interest into it first before actually making or engaging to one. Not all investors are succeeding simply because they have different decision making skills. This is why things should be organized. Invest in knowledge as well! Establish a strong foundation regardless of what investment that is; this will help that investment last for long. All investment has its own risk no matter how big its potential is. Being knowledgeable and knowing what's best to do in every situation, will save you from loss.

It is fine having regrets simply because it is a sign that you've learned something. You may share that experience to others who are having the same thought as you or still do it; there's no age restriction when it comes on investment. You will never be too late to make an action especially if it is for the betterment of your future.
133  Economy / Gambling discussion / Re: Understanding the Impact of Social Media in Gambling. on: April 21, 2024, 03:10:48 PM
A lot of social media influencers especially bloggers and YouTubers are promoting gambling usually at the end of their blogs or videos.
I could see a huge contribution and spread of information that they made especially during this time where the majority are using smartphones already. In fact, we've been seeing a massive increase in gamblers and online gambling sites. But how this could affect the mindset of the kids when they are also seeing these ads/promotions from the social media influencers they followed? I could be wrong but this has a mental effect on them and at a very young age, they are exposed to gambling already which is supposedly not the right time.

I think these influencers must know their target audience before accepting the offer or should not be included in their blogs or videos?
If it is with kids, then things should be established on parental influence. Teach them the danger in gambling activities. We cannot control the things running in social media platforms, so at least, create a good foundation for them when it comes on the do's and dont's. On the other hand, it will really be a good practice for those who are promoting gambling sites and platforms to target their audience in particular with age. However, many of them do not care of such risk from their contents simply because they are being paid on how many people their videos would reach regardless of their audience's age. Boils down to the idea that we have no control of these people. But no people would engage to gambling activties without their iniative into it, which is why I recommend parents to have more time guiding their children as they grow. There are also ways to ban such platforms but of course not all of it will be done in an instant.
134  Alternate cryptocurrencies / Altcoin Discussion / Re: Is investing into pepe coin at this time a wise decision? on: April 20, 2024, 06:07:55 PM
We all know how market prices of meme tokens move; in a form of surprise. Prices of these tokens are more volatile than with other token prices simply because hype is the only things that boosts it, creating some sort of demand. So if you're asking whether it is still a wise decision, then answer is no. However, these coins are still profitable so if you could resist sudden price changes them things would be better. $PEPE is one of the most established meme coins in this industry. There would always be a tendency for its price to go up once big investors agreed to pump it and to be followed by small investors of this token. But if not, there are many options to choose from auch as the established ones like Bitcoin, Ethereum, and solana to give a few.
135  Bitcoin / Bitcoin Discussion / Re: Focus on knowledge, build up belief, then investment plan, success will come. on: April 20, 2024, 05:40:12 PM
Let me emphasize, it is not a comparison about Bitcoin and Gold, but my intention is to share a fact that intelligent investors got profit by their intelligent knowledge and decisions for investments, then good capital management. They did not get profit simply because of luckiness. Their profit did not come to them like airdrops without any knowledge and their own serious efforts with time.
That is why knowledge is always powerful,  knowledge we give you what even your money can't give you. You can have money and decides to trade or invest cryptocurrency but if their is no good knowledge all the money that is is invested can just go as waste. Knowledge is everything one needs to stay relevant in the market, this is what every trader and investors needs to consider as the first thing. Planning to get knowledge first by learning will bring more profit  but when it is neglected and people think of making money quickly,  it won't bring any good instead just waste of money.
Luck will also play a role however investment is different from gambling wherein one's decision making determines profit or success. Decision making on the other hand can be improved through learning or having knowledge of what investment you will be engaging yourself with. In Bitcoin, volatility is obviously present. If you won't be knowldgeable of how prices work,  how events affect the market price, and how market prices move, you'd just panic and make things worse. Gaining knowledge is improving your foundation to make things better in longer perspective or point of view. There is a reason why patience will be always needed, reason why there are issues at this date still, and misconceptions. The only way to deal with is to enrich your knowledge which should be a must especially if you value your money.
136  Economy / Gambling discussion / Re: "Jontay Porter receives lifetime ban from NBA for violating gambling rules" on: April 20, 2024, 05:05:55 PM
Well, that's on the League's rules in the first place and for sure he's aware of it. Disobeying something regardless of awareness, means it is intentional, he could even be jailed for such since things are most likely written in his contract. Mistake of him and he's unfair to other gamblers who are betting their luck without assurance of winning, then there he was doing such things at full advantage. What saddens me is the amount; some people are just not really thinking well. If I'm not mistaken his total profit is around $54k on 13(correct me if I'm wrong) matches he got involved into. He should've just focus on his career given that he's being paid a good amount. Now everything's ruined in his basketball in particular with NBA. He can still play form leagues outside the said franchise and this should be enough for him to learn things as well.
137  Economy / Gambling discussion / Re: Can people still get the addictive nature through friendly games on: April 20, 2024, 04:37:06 PM

So am just curious to know if these little games are the one's that got to him or already developed such habit and to know if possible that the practice will continue elsewhere after leaving there when he lost the money and to look for means through gambling to recover it.
Regardless of the game, it will all depend on your expectations; higher expectation results to higher drive in any game you are playing. Gambling games are for sure made for entertainment but eventually it became what we are seeing and wherein addiction exist. So answer is yes, IF, players will put that much into it with expectancy of winning and not losing anything. This drive is enough to add intensity to any game or gambling games in particular.It is not the nature of the game being played but the nature of one's expectation and viewpoint of how gambling works. A mindset of needing to win or simply double one's money, is a strong drive for addiction. Same goes with the duration of your gambling habits. The more you get use of how things work, the more you'd be unconscious or unaware that you are now doing "more" than you used to.
138  Economy / Gambling discussion / Re: What the Heck Do Gamblers Mean By this Phrase on: April 20, 2024, 04:12:00 PM
"the flow of the cards".
Probably has something to do with card counting and having gut feeling to have an advantage on the game and end up winning. Same thing I guess with "listen to your heart" wherein it should not be literally heard by you. Not really into card games but I cannot cite other explanation than to card count or predict the next cards to be dealt in Blackjack. We all have different beliefs but all of it is aiming for us to win however, nothing will be guaranteed except for the tendency of losing in the long run; that's just how gambling works in general. But there are people claiming to be really good with predictions or gambling as a whole. Well, they could really be but the bottomline here is that not all people could do the same thing, meaning, not all people would win with certainty no matter what strategy you are using. If winning is destined, then it will just happen out of your luck and fate.
139  Economy / Gambling discussion / Re: No gambling today due to bitcoin high transaction fee. on: April 20, 2024, 03:20:12 PM
This high fee is probably due to the 4th halving that was completed. I haven't seen this type of transaction fee this hight.

If you look at https://mempool.emzy.de/, the current transaction fee is  over $50 but in the past few hours it was over $100... So if you are a gambler who doesn't gamble that much like your range is only $10 to $100, it's impossible you will choose to gamble today with that very high fees.

This is only for gamblers who use bitcoin as the payment method, how is going today? Who among us here can still afford to gamble?
I'm only gambling in times like this with platforms accepting other mode of payments that fees won't be high. Fortunately there are many providers who have such feat so I guess my gambling habit is stil the same. But if I would be left with no such option then I'd either take a pause from this activity or just used fiat to bet but not in web 3.0 since I have access in my area. This is a long existing problem to be honest that players have their own ways coping into it.
This is only for gamblers who use bitcoin as the payment method, how is going today? Who among us here can still afford to gamble?

I think no one will dare to transfer any Bitcoin funds for gambling since you will automatically lose 50$ or more on fees before you even start gambling on the casino. Only whales that deposit more huge amount can afford to still transact even with this high fee since they can recover easily the fee amount with just one bet.

I still didn’t touch my salary from signature campaign which I usually use for gambling purposes every week. I’m already abstained on gambling for a week due to the high fee. I thought 4$ fee is worst few days ago yet we are hit by this devastating fee fluctuation due to Rune.
Won't be practical and won't be making any sense especially if you are just an average gambler who doesn't bet that much. I would understand those who have large bankrolls who won't be hurt by high transaction fees if they would still continue with what's usual for them. Waiting for now for transaction fees to decrease, would be the best thing to do if you are seeing it as a problem and if you have no other means to gamble.
140  Economy / Economics / Re: Also consider your mental State of health while investing for wealths. on: April 19, 2024, 04:19:49 PM
For sure a priority.
Any investment has its own risk; if you are not having plans for a sudden loss then you are simply accepting things and this is where our mental health would matter in any field of investment. Let's say you won from a certain asset and you became greedy of things and bought expensive things that are not necessary in your living, what is more likely to happen? You lost once and end up selling some of your properties to re-invest, what will happen?

Mental health would play a huge role to an investor's decision making, and that's what will lead to profit. Given tha risk exists, an investor shouldn't be too confident of things. If you have good decision making and mindset w
in every loss, I cannot see you failing on any field of industry you would be interested with.
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