Basically the short story is that if your expectation is to buy today and be rich tomorrow, then you are wrong and that won't happen. I agree with that, I feel like it will take years before we can be rich, we need to invest and hold for a long time in order to be rich. If you also want to trade, that part is true as well, you are not going to invest today and suddenly become rich neither, it will take time to get rich and you should be a lot more hard working than that.
If you think that you can trade and turn a few thousand dollars into millions of dollars then you are going to be wrong about that as well. It's best to just invest or trade with the mindset that you will eventually get richer but it will take time and hard work to get there, it will give you more benefits.
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I think money printed by the federal reserves is not the issue, it is the amount that is the problem. Every nation needs to keep printing more money, but if you print more than you should that becomes a problem. Like for USA, after this point, if they keep on printing about 100 to 300 billion dollars every year for growth, that would be eaten by the inflation and won't be a problem, that s a normal amount.
But they did like 4-5 trillion during pandemic, and as we all know that was a terrible idea, shouldn't have done it, tax the rich if you need more money, cutting taxes on yacths wasn't the solution. All in all we know now that money printing is not the deal, many saw that and thought money printing was the issue, but the reality is that it's more about how much.
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Not trading really, I mean you could grow that if you want by working though? Crypto is filled with jobs you can take, I already have a job, but I bet that if I didn't, I could have find worse jobs than what I have now, I am lucky to have the best job in the world, but if you do not have any, you could find some. That way you could work and make a profit and then use that to increase your capital.
But if you are starting out, 20 dollars means absolutely nothing and I would suggest not to do that, makes no sense at all, even a 100% profit would be just 20 dollars and that is a very rare thing, you don't do 100% in crypto. Let alone that, investing that would mean most of it would be gone during transaction costs to begin with, so that is why it makes no sense.
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The easiest way to do it would be making sure that you are doing the right thing by checking it twice. If you ask around, talk to people who are both in the community of the scam project but also out, learn why someone invested into it, and learn why someone would never invest into it, and compare the logics about it.
Someone who would never invest into it will tell you all the reasons why you should avoid it, if it makes sense and you feel like you should avoid it as well then you are going to be fine, but if it doesn't make sense and you feel like you should not avoid it, then it may go towards the other side, for that you talk with someone who already invested into it and learn their reasons, if that makes sense and you feel like you should too, then you could start to put a bit in there.
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The matchup of Knicks vs Heat and Sixers vs Celtics is quite close two teams as well, surely if teams were switched and Knicks or Heat played Celtics or Sixers, I would say that Celtics and Sixers would have beaten the other two team, but now that that they are facing each other, it is not going to be easy at all, and that is a tough situation to be in. I hope that they will do a lot better, I hope that they can make it work as well as possible and my favourites right now is Celtics and Heat.
Celtics because they have been playing very well both all season long and during Hawks series as well, whereas Heat also beat Bucks so it could be great too. Depends a bit on injuries as well, if all is healthy, that is my prediction, Heat vs Celtics final for the eastern conference for sure.
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I still think that it doesn't really need to involve anything human-like. I understand that it may look like there is a market for it and it is true that there is a market for it, and a lot of people feel lonely and they may want something like this, and there are non-ai solutions so far for that as well.
But psychological help from a professional would be a lot better, and it would be advised, if you keep using technology to help with your problems then you are not going to gain anything from that at all and would be a trouble, you would become even more anti-social and should stay away from it. Obviously it will be used, and obviously there will be a lot of people who will want to become part of it, but just because they are, doesn't mean that they should.
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I do believe that we can't really make too much change by forcing our love of bitcoin to others. Do not go to world and say that bitcoin is good, let the world come to you and explain it, their receptors will be much more open when they are willing to listen.
There are too many people who worry what might happen with bitcoin if there are governmental overreach, but if you keep worrying about it then you would never grow. Do you think all good ideas started from "what if something went wrong?" mindset? People who improved the world in all of human history did so by not worrying about what could go wrong but instead thinking about how they could help everyone in spite of everyone and that is how we got here so far.
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Depends on the reason though, we are talking about a drop that probably resulted by selling right? If that is the case then that is not valuation, that is their share in it and that makes sense. Look at the sentence, it doesn't say they dropped the valuation of the company, their equity in it dropped from 126 million to 30 million, it's THEIR equity that dropped, so it is not really a big deal.
However, it is also true that opensea probably has a lot less valuation, for a simple reason that we saw NFT being a lot more important for a while and the prices were high and opensea made so much money, this was back in bull period. Nowadays, it doesn't get that much money and volume so it is not making that much money anymore and that is the issue, and could cause valuation drop.
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There are probably some good sides to this as well as bad sides as well. I do not care who says what, I believe that China is managed by dictatorship, by definition if a nation doesn't have proper democratic elections then it is a dictatorship and if you and I both know that the president will stay president, that is dictatorship.
In a world with dictatorship, social credit score could be ruined if the party wants it to be ruined, that is how corruption in dictatorship works, you could be a great person who dislikes the government and you would be banned, this is another way of just labelling people. However, for regular people who have nothing to fear and like the government, it could be a good improvement on their life as well.
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It makes no sense to withdraw at this moment, but if people are so worried then banks should be able to. Which money did people withdrew? Their own money, so you are telling me that if people want their own money back, the bank would collapse? Don't they suppose to have everyoens money and then some profits on top of that? I give it 100 bucks, it loans it to someone else for 110, and they make 10 profit, so they should be making a profit let alone be in debt.
So if they can't give everyone's money back, then they should maybe be taken over by government and pay people their money back and then close shop, they can sell the buildings and every other asset in there to pay it if they have to. I do not think that banks who fail to pay people their money back should be allowed to operate.
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It feels like the league is not good for betting anymore, I personally gave up after this week and not going to bet on it this season anymore. At one point it looks like top teams are better and odds show that they will win it, like it's nearly guaranteed that they will win, but then both of them lose at the same time as well.
I am not saying that will be the case for each game, obviously there will be issues that will rise and there will be wins etc, like both will happen. But I feel like there is no reason to keep doing that and betting on them, there is just too much risk. They should be winning every game, and yet they are still losing points right when we are close to the end, makes no sense to keep betting on that.
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Roma definitely will work their hardest, Mourinho is a bit angry that he is no longer managing the very top teams anymore, and will want to prove to the world that he is still a great manager. In order to do that he needed a good result at the league which he is not getting, didn't get that last year neither, but at the very least he should win europa this season, last season it was the first ever conference title, this year that could be europa, and slowly but surely they could get better and better.
Like next season maybe top 4 in the league and then out of group stages from UCL as well. That could actually make a good change I believe that it could be a good result for every one of them as well. Mourinho may get a better offer after that.
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One year after the halving, that makes sense they are probably right. Most people said the same thing, one year after the halving there are huge bull runs, it has happened three times so far which means that people are expecting another one and simpsons probably knew that.
They also had a tv movie type of thing, two part series about the future and when they are all grown up, I think it was during the covid period so it was something to do with covid, like it's billionth lock down and they are old etc type of thing. And in there they talked about NFT's as well, and they just mocked about it a lot. I know that it wasn't really a great thing and it was "bad" marketing but at least it got wider audience so I am not really complaining about it at all.
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I honestly think that it is a true assessment as well, it looks like that could be true. I am not saying that this will happen, but it is definitely a good possibility as well. There are some guesses and predictions that are unrealistic, like some say it will be a million dollars in 2023 for example, and that is too much, I do not think that it would happen, but this one is not like that.
This one is 2024 and not like start, it says end of 2024 as well, so we have like 19-20 months left for that as well, so that means we could reach 100k, which is only 3x in the next 1.5+ years, and that could happen. There is also halving as well so I think that could potentially happen as well, I do not think that it would be that wrong. Hopefully we will see it do a lot better and could reach even above that, but 100k sounds reasonable.
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Not really, this doesn't really mean much to me. People react to what market may do in the future early and then the market does that because they reacted. If you think that it will go down and everyone sells because of that, then it will go down of course, that's the key point here.
I can't believe that I have to say this but if we all ignore and nobody sells because of this then it will also not get any attention neither. This guy has been holding for so long, why would he want to sell now? What changed? I think this 27 million is nothing and should not be cared at all, we are talking about a small amount in the grand scheme of things and if everyone ignores at the same time, even if all 1000 btc were sold, it won't crash the price at all.
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The sad part is that everyone talks about how it could make money and it may not be equal but the reality is that if you go into business with a friend and they are not great people then you will end up with losing more money than you earn. I have seen too many people that got together, one side worked hard while the other side just took money out and they bankrupted after the hard working one didn't want to keep it going.
Why would you work harder than your partner when you know in reality that you could stop and they would lose too, either work as hard as me or we are going to bankrupt is a good weapon to have. So all in all the likely result of this is not fight with a friend but more like a bankrupting the business type of thing because it can't go on for too long if one side doesn't carry their own weight in the business.
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Too many people give up eventually and that's a sad reality we are living in right now. People shouldn't really give up hope on bitcoin and crypto, it is a wonderful invention that will definitely help everyone. I understand that it may not look great at times or altcoins neither, or there could be some bad stuff going on like crashes, bankruptcies, scams and so forth as well. However, remember that in the fiat world the whole system is built to keep you poor if they can do that, poor and also constantly tired as well.
Because, if you are constantly poor and overworked, then you would not have time and energy to try to stop that, and to the few who does try it, they will be marginalized very quickly so that not many people would hear them or even if they hear them they do not end up being taken seriously at all.
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Others? No. Yours? Yes. I personally have all of my retirement fund in bitcoin and I think it is going to be very important to make that change. I know that if you take others money and invest that into bitcoin then you would be in a big trouble and you should not do that, but when we are talking about just bitcoin and when we are talking about just you? That changes things and you should be able to invest without a trouble.
Not a lot of people can make a big change like that and put all their retirement fund into crypto, because they would be afraid of it. However, I am not afraid of it and I trust that it will do much better for sure. I think it is going to make a big change soon and the price will be a lot better in the end so you should keep holding it.
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I think it is important to remember that when we are making a trade, it is vital to not be in there for too long and we should get out if we are not long term investors. Too many people react as if they are doing a smart decision by staying for too long but that is a wrong move and you should not do that.
Long term investment and trading are totally different stuff and they do not have the same returns neither, which means that you are going to end up losing money to it if you keep mixing them together. Best case for people is to make sure that you end up trading when you trade and invest when you do invest and not mix them together. Staying in too long makes it a bit more investment and less trading and you should stay away from that if you could.
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It is important to remember that we could always see 3-2 down and then 4-3 back from there as well, that's not unheard of and could happen. Warriors tied the series and if they win the next game then they will win at home and close the series I am sure of that, but the reality is that if we could end up with a Kings win next game, I think it could still be Warriors winning the sixth game and then everything will depend on the last game as well.
That is going to be a big game and at seventh game anything could happen. Like Doris Burke said, one team plays like they have never been there, and one team plays like they have been there for a long time, that difference could be the difference between winning the series and losing it.
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