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1461  Other / Beginners & Help / Re: don't be greedy to sell now on: January 30, 2023, 08:13:35 AM
Some people like misleading others to get their coins for lower price, they will tell you to take profit and wait for some retracement, and after you will see that such correction may not happen again, there are few altcoins I bought in June 2022 for long-term hold they never see my buying price again, even when BTC dropped to 15,000$ this altcoins don't dip below, imagine if all I did was wait and wait for possible retracement?

We are still in a bear market and it won't make a big difference if you are buying Bitcoin or other by DCA every week or every month, the long term holders always win, I don't do trade as it's another sure way of losing your coins easily, I prefer long term hold.
1462  Economy / Gambling discussion / Re: [POLL] Using AI to predict outcomes on: January 30, 2023, 07:37:02 AM
Why am I just thinking about this now? It should give better results than other match prediction sources but isn't A.I prediction based on data it can collect or gathered? This means that A.I still can't be 70% accurate because for example even the fittest football clubs still lose matches, this is the crazy part of games outcome, very hard to predict.
1463  Economy / Reputation / Re: [FUN][In Merit] Post Count Down To Your Next Rank Here. on: January 29, 2023, 04:55:01 PM
My Countdown to Full Member Rank
Number of Merit(s) left: 28
1464  Economy / Services / Re: [OPEN-ReLaunch]4cryptobet.net Casino & Sports Betting Sig camp | up-to $2.50/p on: January 28, 2023, 05:59:27 PM
Current number of post (Including this one): 608
Rank: Member
bech32 address: bc1qje5jpsc0a05jaw9zmyxns985e85n6v846mkqqy
Merit earned in the last 120 days: 51

Old Participant here, reapplying
1465  Bitcoin / Bitcoin Discussion / Re: Are Your Kids Aware Of Bitcoin? Teach Them. on: January 28, 2023, 02:46:58 PM
I do have a successor and he is still 12 years old, I now knows how to make transactions from one wallet to another, I use Dogecoin and Shiba to train him first because they are cheaper, I don't want to lose some BTC just because I am trying to train a kid, the only problem I am having is my wife, she doesn't feel interested at all, she feels like crypto and bitcoin is too hard for her, I do not force anyone and I plan on keeping it that way but it feels good that my son have interest in crypto, after I am sure and confused that he can handle things on his own I will buy 0.2BTC for him as a starter.
1466  Bitcoin / Bitcoin Technical Support / I feel ashamed asking this but it's better to know than not knowing on: January 28, 2023, 12:31:27 PM
I have been around crypto for few years already and it's a shame that I still don't understand fully how crypto wallets work, I remember that in 2016 when I first installed my BTC wallet from the official Bitcoin website I use a lot of data to sync and download the blockchain data, now that we have mobile wallet for Bitcoin like Electrum how are they functioning? I install and start using wallet without downloading the blockchain data, I know it can't be cloud data, does this syncing has something to nodes?
1467  Economy / Gambling discussion / Re: Is this safe to say this about casino platforms on: January 28, 2023, 10:15:51 AM
Casino business always have funds to start the business and enough money to pay winners, it still won't affect the business because big winners don't always pop up every time, it takes a lot of luck and grace to win billions of dollars, some only make thousands and many more will lose thousands per day, this business is something that can't go bankrupt that easily unless it's mismanaged by the people in charge.
1468  Other / Off-topic / Re: Knowing backup and recovery methods is the very important on: January 28, 2023, 09:15:07 AM
Good one Charles-Tim, the backup of 2FA Authentication apps works differently, with Google 2FA Auth you need another device to back it all up by scanning the barcode or clicking on export, I use Authy instead because it back up all my 2FA code into the original mail address I use on my phone to activate Playstore and Gmail, you can also make the choice yourself if you want to use another mail.

Not everyone can afford a hardware wallet but yes it's recommend to write down seed phrases somewhere safe, I do not and will not recommend storing wallet seed phrases on your phone either through PDF files or .DOC files, they get compromised easily this way, few mobile wallet allow 2FA that's why the point is pointing to mobile crypto wallet too.
1469  Other / Off-topic / Knowing backup and recovery methods is the very important on: January 28, 2023, 08:02:28 AM
Have you ever asked yourself what will happen if you lose your smartphone somehow ?

I as a person stored so many important information on my smartphone e.g four different crypto wallets, passwords for centralised exchanges, 2fa Auth codes, e.t.c and I can't help but think what will happen if I lose my phone somehow what will I do? So I started practicing how I will recover my files, at least the most important files and information,

Have you ever thought about this? Just do it once you will understand how scary things could get if you lose your phone, my advice for you is to pretend you lose your phone and try getting back your files, be prepared for the unexpected, some people don't think about this until they find themselves in the situation.

Be the boss of your own files and assets, practice backups and restore, there are many ways you can do this, improve your security skills and take control over your assets.

Since I use a Xiaomi smartphone it is very easy to do the task on this phone OS compare to others but there is another I tried with a rating of 4.5/5 from users review is MobileTrans

https://mobiletrans.wondershare.com/phone-backup-and-restore.html

These aren't the only ways but some works better than others

Mind you, smartphones only stores app data, not recovery seeds and private keys, and I do not recommend typing your recovery seed in a note pad on your phone memory, the best place for crypto wallet seed and private keys is OFFLINE, also practice reinstalling your wallet and inserting the seeds to make sure you write down the correct seed before storing assets on the wallet.
1470  Other / Beginners & Help / Re: do not invest in crypto from loans. on: January 28, 2023, 06:45:33 AM
A loan fund isn't yours to begin with, how can someone develop the mind to use such fund investing into something that's highly volatile? The best money for taking such risks is your hard-earned money that you are willing to risk and if you lose it won't affect you mentally, people that take such risk with loan are newbies that have not seen how cruel things could get in crypto space some times, they will learn, the hard way.
1471  Economy / Gambling / Re: What do you appreciate more Desktop or Phone on: January 26, 2023, 07:39:02 AM
I have both smartphone and a higher end desktop, most times I leave behind my smartphone to open a website on my desktop, no smartphones can beat the display and details of a PC, smartphones aren't bad but they have their limitations, even big projects like exchanges and others have to work on a mobile version of their website for smartphone users, some exchanges are bad on smartphones, few tabs will be missing until you change the display to Desktop site ( using chrome on smartphone ) to display a website like using a PC but still not as good as using a PC, when it comes to gambling it will surely sucks on a mobile phone compare to PC.
1472  Other / Beginners & Help / Re: What could make you start using a new crypto wallet today? on: January 26, 2023, 05:59:14 AM
I Have been using Coinomi since it's launch (it was 2k15 afaik), what prompted me to use it then was number of coins supported. It was open source too , but could care less back then.
Bro what? Coinomi wallet is not open source, and this is the first wallet I used that got compromised, there are some bad reviews from users around the globe about this coinomi wallet, if you are still using this wallet you need to swap to other, please users on here, confirm if Coinomi wallet is open source or not because I am so sure it's closed source.

The Coinomi PC wallet is even the worst one, users have lost their coins because of a back door in the wallet software years back, they first denied it and later blame those that failed to upgrade their wallet to latest version.
1473  Bitcoin / Mining / Re: I am selling Antminer S 19 XP 134TH. What is more profitable ? on: January 25, 2023, 05:50:37 PM
That's the best decision OP, there is no solution to Bitcoin mining if your electricity is not cheap, also Antminer S19 XP is the best Asic miner for Bitcoin mining I don't think there is a better one yet, if Bitcoin was still 15,000$ it would have be better to sell your Asic and buy Bitcoin for long term hold. There is possibility that we could go below 20,000$ again but that's your decision to make.
1474  Other / Beginners & Help / The one thing I still don't get about crypto and Tax on: January 25, 2023, 03:35:52 PM
Tell me if this is the wrong section for creating this thread I will move the to the right section, thank you.

The government warned all crypto investors, both new investors and old investors about how fraud cases are increasing in crypto space and yet many do not care and they lose money but some made a lot of money and some even made life changing money.. Yet till this day crypto still remain unregulated.

But why the hell are the government taxing people on their profits when they aren't ready to take responsibility for their losses to fraud and theft?  Why the hell are they using the word " its unregulated " as an excuse but still take money from people?
1475  Bitcoin / Bitcoin Discussion / Re: THE ROLE OF BITCOIN IN EFFORTS TO HELP FLOOD AFFECTED COMMUNITIES on: January 25, 2023, 12:23:01 PM
This is kindness at its best, thank you for helping those in need, I have a suggestion though I don't know if this is against the forum rules. Why not drop a funding address for these people? I as a person will be willing to help, I will do what I can to help those in need, may the almighty lord reward you for your kindness, thanks for helping and if you think that my suggestion makes sense pls do create a thread or edit this one and drop a funding address.
1476  Other / Beginners & Help / Re: Exit liquidity on: January 25, 2023, 09:59:22 AM
Few crypto influencers are on the good side, they talk about good projects and why they are investing money on them, I knew about the danger lurking behind Luna before the crash through a Youtuber by the name of Coinsider, this guy talks no shit, he will give you the reason to doubt some crypto projects, I learned a lot from him but yes you are right, almost all crypto influencers on Youtube are doing it for the money and their bags.
1477  Economy / Gambling discussion / Re: Too accessible of online casino grows addiction faster? on: January 25, 2023, 08:25:56 AM
What do you think about this claim? Is he right or wrong? 
I am not a player in land based casinos, but what your friend said is quite true because in online casinos as long as you have an internet connection and the device is in your hand then whenever you can start playing you just need to deposit money and can immediately play and not being able to control yourself will lead us to addiction because of this convenience. So far I'm still in good control despite playing at online casinos.
Agreed, I remember someone who is a lucky gambler in my country, he said he only gets lucky more than losses because he limited his play round per day and weekly he play only two times, he said once he got lucky he call it a quit for that day and wait for Thursday again, he chooses Tuesdays and Thursdays for gambling. He also prefers offline gambling locations to be able to avoid getting greedy and addictive. I believe he is tight, all gamblers should develop their own ways of gambling and become cautious about themselves, some are born lucky but they don't know how to put it to good use.
1478  Economy / Economics / Re: After Budgeting, How Do I Deal With Unexcepted Expenses? on: January 24, 2023, 12:17:25 PM
I just leave around some extra money for unexpected expenses, this has nothing to do with food, medical and gas fee for transport and other expenses, that's why I call it an emergency fund, in fact I open a separate bank account for this, I believe this is an almost perfect plan for anyone that has a family 👪 to take care of, you can never know what a medical emergency will pop up, we are human and we often get sick too.
1479  Bitcoin / Bitcoin Discussion / I have gotten used to using bitcoin for payment but. .. on: January 24, 2023, 11:09:53 AM
I use Bitcoin for my online data subscription, I use Bitcoin for my VPN renewal every 6 months, I use Bitcoin to purchase my PC games and Gift cards on joltfun.com, Kinguin and Bitrefill but I haven't found a website or platform where I can buy items, goods and services with middle man in tact, something similar to aliexpress but accepts Bitcoin as payment, why are we still lacking here?

I am most times always indoor and this is how I get my things, shipped and sent to my location. If you know of any reliable service that accepts Bitcoin please do share.
1480  Other / Beginners & Help / My own way of advising crypto newbies on: January 24, 2023, 09:41:52 AM
Many people advise newbies to invest only what they can afford to lose but I have done this a few times before and as time goes on they get tired, if I ask them why they reply, 'I don't know it's going to take this long, I have come to realize that telling newbies to invest only what they can afford to lose is incomplete because they don't know how long it will take anyway and most aren't prepared for that.

Instead, I tell them to invest the amount they won't be needing for the next 5+ years, this prepares them mentally and physically, and those that are weak will give an answer instantly saying no way.

If one invests in Bitcoin he is not going to lose money anyways, the worst case scenario is holding longer than they prepared for, I am sure that everyone knows that the risk of losing money invested in Bitcoin has gone down a lot, keep buying with FIAT or Stable coin you don't need for the next 5+ years and you will be 🆗.
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