Do you really believe that a guy who gave his parents a house worth 16 million when the liquidator found out FTX had liquid assets worth, if I remember correctly, about $800k?
We could say he couldn't count, but he was a math geek, a guy who graduated with a degree in physics.
The company was drowning and had no money months before the collapse, but he kept lying to people, telling them their funds are safe and FTX is solvent.

Sam is a liar and a thief.

Even the data you've posted proves that we shouldn't relay on it with our predictions.

For instance, if you followed the chart between 2013 and 2018 you'd say that out of the last 5 Junes 4 were good, you'd buy in May thinking the pattern would continue and get a 14% loss. Then next year you'd probably think that last June was so bad you'll stay out of it for that month and you'd miss out on a 26% increase.
 
As for Decembers, there's a clear pattern. 2014  and 2018 were the first years after ATH and they were red. Out of the winters that did not come in less than 12 months after ATH only 2019 had a very small 5% drop. All other Decembers were green. This time our December right after ATH was in 2021, so we already had our red month. If we follow the pattern, there's a high probability this one will be green.

I feel like I should add for people who are too euphoric about the green and red months, the way the chart works that even if there's a 1% increase in the average price for the given month, it will display as green month. A 20% drop in one month followed by a 5% relief rally will show the current month as green, even though in the last 2 months we've lost 15% and are in the red.
Technically, you can have 11/12 green months in a year and still be at a 50% loss.

It depends on whether you'll be able to start a business and put some money into bitcoin. Don't buy altcoins if you don't have bitcoin, that's one of the things that I tell people who ask me about "crypto". Owning altcoins isn't a bad choice, but bitcoin should always come first and be the largest part of your portfolio. If you want to know why it's because becoming exposed to altcoins exposes you to bitcoin too, but not the other way round.

My answer to your question OP is yes, invest in bitcoin, but don't go all in. Even if you decide to build your business, put 5% into btc. We not only regret things we do and fail, but also things we don't do

I can find many people in this very thread who are showing maturity and good behavior talking to you without any aggression or those nazi symbols and penis pictures that you dislike.
We are all a part of the crypto community and if you read some threads you'll find that those childish attacks are in minority.
You're generalizing by saying that the community is the worst and so on. I've been here for a few years and I feel that it's the other way round.

What behavior do you expect from us? If you're looking for approval and calling the lack of it immature, you're instantly putting yourself on the receiving end.

We can't blame only the thieves and scammers. Some of them can't help it. It's funny that there's so many mentally ill people who are narcissistic sociopaths and compulsive liars in crypto. The late John McAfee was one of them and lately Do Kwon and SBF.
There's a recent interview with SBF on Youtube, you can check it out if you're able to listen to that guy for 20 min, I sure had some difficulties. He's constantly lying, trying to make himself look like he's the victim, like it was all Alameda, like Alameda was a separate entity that did things on its own... He denied having backdoor access to the exchange that allowed him to move funds when all his co-workers said that he had that and the funds were obviously moved by him because he was buying properties left and right. Fucker wanted to act like a poor guy, driving a Toyota, but in the meantime he was buying himself a yacht with stolen money.

You need to be raised in this culture to have no feelings for animals. I'll give you an example. When I first saw a movie about how the Chinese treat dogs and cats before eating them, I was struck by their brutality. These people boil them alive because they think the taste is better if they prepare them this way. It's a sick practice and they don't even blink when they torture these poor animals. They act like this because they were brought up in a culture where an animal is treated like a thing.

Same with those who watch animal fight and enjoy them. You don't care about feelings of a fly or a mosquito and they don't care about rams or dogs. To these people it's one and the same.

At first I played at random, but I either did it for free with money won from a faucet or a signature campaign, or money from a giveaway, you name it. It was always pennies per game until I got a hold of it. Don't bet a lot when you're a beginner but also don't be afraid to try. You can play with just a few dollars. Poke around, try different games, find the ones you like and understand. You usually have to pay for knowledge so be happy this one is so cheap.

Ask yourself why no country is doing it. The answer is, because it can never work in a Western country, where people have some basic freedoms. How would any court justify imprisoning people for owning a digital form of money? Nobody would feel safe if they started busting people's doors and going through their computers because they bought cryptocurrency.

The best way of fighting it is doing what they're doing, trying to make a centralized version of digital currency that they control and that is linked to the current financial system to satisfy people who want fast digital money that can be sent 24/7 with minimum fees. CBDC will cover that for you, be accepted even in places that don't accept bitcoin and allow the government to track your purchases, charge you as you go and such.

It's already being done. The goal is to create a society where you get a ticket and the money is taken from your account. They don't ask you to pay the bill, they just take the money. You get into argument with your wife and leave home, she calls the police, says you hit her, they access your wallet and see that you bought a beer in a bar, they go there and arrest you.

Another situation. The government decides to additionally tax all owners of cars that are over 25 years, or over 2 litre, or whatever. They instantly know you own one and deduct the tax from your wallet.

The best way to fight something is to make people disregard it by showing vulnerabilities in the system and making something that is similar and doesn't have those exact vulnerabilities. It may have different ones, but they'll emphasize the ones they want to "fix"

Example? Bitcoin is vulnerable because of its exchanges. Our digital currency will be exchangeable at any bank, so you'll be able to create a digital currency account and transfer any amount of fiat currency into it through the bank's API, with no fees! We won't tell you that this digital currency is centralized and we have full control over its creation and destruction. We'll concentrate on making you fear crypto exchanges and feel secure exchanging at our bank.

It's not harder than 30 years ago, believe me. My parents used to live in a socialist country and there was literally nothing to do for fun. You'd come back from work, have a meal and watch TV, because there were no fancy restaurants, no shopping centers, no fancy clubs. You could go for a walk with your dog or visit the local grocery store, buy a bottle of vodka and get wasted and that's what 50% of population did at night. They'd eat a meal and either listen to some music, watch TV, or read a book, while drinking themselves to sleep.

We had a fairly good 10 years before covid that was a nice time to had a baby. Now it's worse but not nearly as bad as it used to be in the 80s.

I can only blame myself for reading the thread wrong. There's so many PoS debates on the forum that you just don't see the word steak as legit. You want to read it as is, but your mind tells you "it's not steak, it's stake, you're seeing wrong" So you think it's another one of those trolls who will say ETH is the new bitcoin and it's so much better than btc because of carbon footprint and if we get rid of it then the glacier temperature will go up by 0.01*C per 10 years.

Good job OP, stakes look delicious. Makes me wanna see them cooked.
I hope you didn't overcook. Post some more food porn for us.

That's true, unfortunately.
If you have a steady flow of cash from a job or a business, you can always put 10% of it into bitcoin each month and not worry about the price. What's the worst thing that can happen? Bitcoin goes down 20%? You just lose 10% of your 10% which is like nothing. When you're someone with no income investing their savings, a 20% reduction in that can make you lose sleep.


That's also what made me interested in 2015 when we were scraping the bottom.
Invest what you're comfortable with. Bitcoin will be higher than it is today, but we won't give you the exact time. It can be next year or in 3 years. Make sure you can survive without the money you put in bitcoin for at least 3 years, without having to borrow money or sell your home to buy food

As a parent I have to say they do. Statements that they don't often come with estranged wives who have to take care of the children alone, but there can be so many reasons for a man leaving that you can't simply say they left because they did not love the children.
A woman has a different connection with the child than a man does. For instance, I can see that my wife is more caring, more gentle, doesn't get bored as fast as I do, but I'm the one who in case of emergency would be able to carry the child for miles, drive to hospital without going into shock or panic, have enough strength to protect them both. I'm also there when her patience runs out. She starts screaming, I come in with a cool head and take over.
We're just made for different things. A woman makes a house feel like home, but without her man there would be no house.

I don't agree that there's a visible domino effect at all. The bankruptcies are all linked to scams because that's how you call companies that take your money and tell you they're going to keep it safe but really buy yachts and apartments with it. This is textbook scam and there should be no leniency and no attempts to explain them or bail them out.

IMO a domino effect bankruptcy happens when a legit company exposed to a bankrupt one goes down because they realize their investment is lost or frozen in the bankruptcy proceedings.
When a scam company goes down and exposes a scam in another company, it's not a domino effect but a cleansing!

To me you're trying to have your cake and eat it, OP.

You want to hold bitcoin so that you still have it ready when the bull run comes, but you also want to spend bitcoin in a casino, so you convert into other coins and spend these coins thinking that losing an altcoin is better than losing btc? If you're not a holder and the entry point is you spending fiat to buy a coin, you're going to be in the same situation regardless what coin you use and play with. You're confusing yourself by switching between these coins, thinking that you're losing less this way or what?

If you have very limited funds that don't allow you to save up, invest and gamble at the same time just don't gamble, or gamble with very little money. Investing should always come before gambling.

There's always people taking advantage of other people. This is like a rule everywhere you go. The fact that you're exposed to crypto doesn't make it any better or worse, it's just that this is your small world and you see the events unfold here, but if you were investing in the real estate market or trying to start a company you'd probably see the same thing happening there.

I always view the world as a journey through a minefield and if you do well you should be able to avoid most of them, but some people will inevitably blow themselves up. In crypto not holding coins in your own hardware or software wallet is like going through the field in a straight line, without looking, hoping there's no mines there.

It will survive 100% but only if by crypto you mean bitcoin. The whole industry may shrink by a lot but this can be treated like a cleansing event where only the strong survive, but those who do will gain even more by eating the weak. The money has to go somewhere, right? This means that some of the funds invested in dying projects and exchanges will go to the ones that prove to be legit. It will take some time but I believe the battlefield will clear out before 2024.

This is an interesting question. I believe their goal is to be able to track your carbon footprint and tax you if it's too high.
It's all about the money that they can make from this.

We have to ask ourselves what it is that they have to gain from switching to CBDCs.
No more money spend on printing and storing cash.
Full tracking
No more ways to avoid taxes
Great way to gather information about people's spending habits

Most businesses don't hold big crypto reserves and the fact that most coins are down 60 or 70% doesn't mean a business has to be down this much.

You don't simply buy at the top and hold for a year, they don't do that. Most casinos were on the market before 2020 and they were starting out buying their first coins for  less than 20k USD. Also, if someone deposits 1 bitcoin and that bitcoin goes down in spot price the casino doesn't care. A client loses 1 bitcoin and another wins 1 bitcoin and the casino just shuffles same money around holding the same reserves they had years ago as backup.

Exactly!

I don't get how stupid you have to be as the fund manager to buy some shitcoin issued by a kid from the Bahamas and hold it on his platform.

-Here's my 100 million USD, hold on to it for me Sam from the Bahamas, and may you bring me wealth in a few years.

There were so many other ways to invest in real cryptocurrencies. If they for some reason despised bitcoin there's always Luna that's backed by real bitcoin and a Bitcoin future's ETF 
When will people finally learn that once you buy cryptocurrency and I'm talking about real crypto? Not an exchange token or a coin that has value because some kid says it has, see Do Kown, SBF and many others. For instance Justin Sun is doing pretty much the same thing just hasn't gone bankrupt yet.

My friend bet $100 on the Saudis when they scored 1-1 in the middle of the game and won $400, lucky bastard. Yesterday if you were to ask people what they thought about the odds nobody would bet on the Arabs, but maybe for other Arabs Probably the biggest shock so far right after the loss of Qatar despite the bribe accusations and being the hosts. I actually feel happy about both matches. Qatar got wasted which is great cause they're so confident, thinking they can buy anything and SA -the underdog- managed to win in style.