One of my close friends his name is Naher. He came to visit my house. Once while discussing with him, I mentioned the name of bitcoin. He wanted to know what bitcoin is? I was telling him that bitcoin is a digital cryptocurrency coin launched in 2009 by a man named satoshi. I tell him Bitcoin has been around for 14 years. I give him more idea about Bitcoin. At one point he expressed his interest in investing in bitcoin, I told him that there is a possibility of not only profit but also loss from investment.To invest you have to take risk. My friend invests in bitcoin knowing profit loss. He works for a salary of about $400 per month. He invested about $500 in Bitcoins. I didn't show my friend interest in investing in bitcoin. He himself knowingly invested in bitcoin.
Did I give my friend the right advice?
Yes, but ultimately he needs to sit down and do his homework himself. One of the absolute biggest mistakes I see people making is investing in things they have little to no knowledge of and without much homework or research time put in. This is pretty freaking stupid, and yet I see it all the time. If he only makes 400 a month, I think he needs to rethink this decision. |
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As some have said, and I will echo, gambling can absolutely be a business..but it's not a business for 99% of the people on this planet, and it's also a business that is HIGHLY volatile, so if you are to be a professional gambler (and there are many), then you've got to be able to ride the waves. That guy from Chicago who was a recent Jeopardy champion is a professional gambler. He's got an interesting take on how it is to be a pro gambler.- https://www.youtube.com/watch?v=5uzSkEjO7TA |
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Golden State Warriors(-225) VS Los Angeles Lakers(+180) - WIN
In game 5 the Warriors won this game and right now the Lakers are still in the lead with 3 - 2 aswell, well like I have said if Game 6 the Warriors win this game 7 will likely become a Stephen Curry showcase of performance just like in the Sacramento Kings game, if the Los Angeles manage to win this over the Warriors then Lakers will advance to the next match up then likely almost half of the Warriors rosters will be traded for some players that may be a benefit to Stephen Curry's performance,
The Warriors really need to improve their performance on the road; if they continue to play the same way, they won't be able to win game 6, and the series will be over. Klay Thompson's shots have not been working for the past three games, so if the Warriors can find a way to activate 'Game 6 Klay,' there's a higher likelihood that we will see a game 7. The Lakers are only favored by -2.5 points in the next game, so if it's a close game, the Warriors +2.5 will likely be the winning bet. Unfortunately, looking at the past two road games, the Warriors have not covered the spread yet, making it difficult to decide at this moment. The best thing to do is to follow your instincts and have fun. But for sure Warriors fans will take that handicap or maybe taking the ML, Warriors still have that shot to force this series into a do-or-die game, with their experienced its still doable for them to work together and try winning this game in LA and go back home then snatch conference's final appearance. With Green and Wiggins activated their winning attitude, then add the splash bros, game 6 will be another test for both teams as Lakers for sure will do everything to take this in front of their home fans. I think it's all gonna hinge on whether or not Anthony Davis can play. If he can't Warriors got a good shot if so they will need to pull out all the tricks. Warriors stink on the road and lebron in from of his home fans is probably gonna put one up for the ages. Either way excited to see the game. Yeah I'm excited as well. This is easily my favorite series going on, and so far in the playoffs. If Anthony Davis can't make it, then I think the Lakers will have a tough go of it. I'm not saying I don't think Lebron can pull it off, but I dunno...Curry is still so good and even though Draymond and Klay aren't the same players they once were, they can still play as well as few other key pieces, I just think they might be too much for LA. Hopefully Davis plays, I want to see who the real winner is. |
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Money should make you happy but if it doesn't then you are probably spending it the wrong way. See the eight suggested principles to help anyone to be able to get happiness from their money. - buy more experiences and fewer material goods
- use your money to benefit others rather than yourself
- buy many small pleasures rather than fewer large ones
- eschew extended warranties and other forms of overpriced insurance
- delay consumption
- consider how peripheral features of your purchases may affect your day-to-day life
- beware of comparison shopping
- pay close attention to the happiness of others
These suggestions are not mine but are from the scientific findings of EW Dunn et al. They are valid suggestions which even without reading have been practicing. What are you take on these suggestions? Do you have more to add to what the researchers have discovered about this? - https://scholar.harvard.edu/files/danielgilbert/files/if-money-doesnt-make-you-happy.nov-12-20101.pdfMoney DOES NOT buy happiness. Many very rich people in this world are completely miserable. Money can certainly help buy happiness, and obviously being financially stable helps make you a happier person by not being in need of next months rent check in a big way each month...but it doesn't guarantee happiness by any means. I agree with some of these main points, but not all. |
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Hey guys. I’m just want to hear something encouring and confirm my assumptions. 🙏 I want to be someday (i hope that it will be possible in next bullrun) independent of money from my family. I’m since 2010 on wheelchair because of failed surgery and interrupted my spinal cord. I have multiple health problems, mainly resulting from paralysis. I have little chance of having a high paying job due to my health problems and unfortunately incomplete education. But my expenses are too high. I am able to invest 20-30 euros per month and I really want to believe that one day thanks to this regular investment I won't have to ask my family for help. I’m 14 months in world of Bitcoin! I’m excited and my hope in BTC is probably actually bigger than the fact that one day I will walk again  HODL and believe with me, please!  Sorry for my english, it is not my native language, but tried my best I'm sorry to hear about your surgery, that's extremely unfortunate and not fair ( of course life is not very fair period ). However I think it's important for you understand you can still educate yourself, why not go back to school and finish college to help yourself gain employment? Also, there's a lot of jobs that don't require you to have to be able to walk, especially in todays day and age of working from home..so don't give up hope..you don't need bitcoin to be successful in life. I wish you the best of luck. |
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I was thinking about Bitcoin as a currency a lot lately and I have some doubts about how currently we see its future.
The problem is, in order for Bitcoin to become a currency everyone will use, it should be stable. I know that you might say that people will still use it because it's not about stability, it's about freedom and technology. I agree with that, but Bitcoin needs to be stable in order for people to treat it like money, and not like an asset.
Just look at what people are saying right now, experts say that people shouldn't hold USD because inflation is just 5% a year, but imagine if you have bitcoin that can go down like 5% a day because some whales sold it. It will be problematic for people to use it on a daily basis because of that.
I know that people say that when Bitcoin will be adopted, it should become stable because there is a limited amount of it, but I don't see how it's gonna happen. From what I see people treat bitcoin as an asset to invest and hold and I can't imagine that will change in the future.
Why do you guys think Bitcoin will really become the "money of the future" and people will actually use it like one?
From what I see, I think it's possible that people in the future will still trade bitcoin or try to buy as much of it as possible to manipulate the market.
The problem in my opinion, and I would probably argue that the majority of bitcointalk users fall in to this problem category, but the problem is that people don't want to use it as money. A lot of people are afraid to use it as currency, as they are fearful of missing out on "profits", which is not what bitcoin is about. Never was, never will be. It's about an online digital currency, a breakthrough tech, and a government-less decentralized currency...once people start to truly use it as such (when it becomes more feasible fee wise), then, maybe then it's adoption as currency takes off. |
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We may get 2 conference finalists tonight as a couple of 3 win teams are playing tonight. The Los Angeles Lakers and Miami Heat both have the chance to advance tonight and neither are must win games for them. The Knicks and Warriors both have their backs against the wall as their next loss will be their last game of the season. I’ll be watching TNT tonight!
This will be an interesting night for the most of us and I know that there are a lot of people who are rooting for the favorites to win their respective games especially the Warriors later, and I know as well that these team's chances are somewhat good enough to force another game but I don't think that both Miami Heat and the Los Angeles Lakers will just easily agree because if they can finish the whole series, they will. I don’t think whoever wins between the Knicks and Heat really matters. Boston and Philly would both destroy either the Knicks or Heat (in my opinion). Selfishly, I just want to see LeBron play against Durant but if I’m being honest I don’t think the Suns are going to beat the Nuggets. Denver is one all star shooting guard away from having the best team in the league. There's no chance of either the Knicks or the Heat making it to the Championship..and if it weren't for Jimmy Butler and my love of him (as a former Bull/Bulls fan) I wouldn't even be watching this series at all. But, he's a special player and of course an incredible player when it comes to the playoffs..so if the Heat do advance, I think he'll be able to will his team to at least a win or two..but nothing else. |
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That “press conference” was embarrassing. Even Nate was dissing it and left to use the bathroom during it. Probably to get high and make sitting there bearable. I think that people are getting tired of Jake Paul. I think he was exposed during his last fight and his Cinderella story has ended. He might beat Nate only because Nate probably won’t take it seriously. I’m not sure I care anymore.
I was getting ready to type all these exact things, couldn't agree more. I don't know if I was watching Sportscenter or what but I saw them at the weigh in and Jake hitting Nat's hands/arms away and it just looked so fake and douchey and embarrassing. Like what is this clown show. I was also thinking the same thing in regards to the Paul brother have without question starting wearing on people, and I think each fight will get less and less interest. They aren't good enough to fight legit pro-boxers and I don't think either one ever will be...it's a pass for me on their fights going forward. |
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How to save savings in inflation, there are many deposits provided by the bank, but banks often go bankrupt, does it make sense to buy gold? How is gold bought in a bank and interest is issued on it?
Neither gold nor bank savings accounts are a financial tool that are viable for trying to keep up with or surpass inflation. There is a savings account, or money market on the planet that pays a rate that is as high as inflation is..so that doesn't work. Gold, which should be bought personally, and only stored in a bank vault, not bought at the bank, is a hedge asset, and one that is not meant to be an investment, something that keeps up with inflation (while it certainly can in the right conditions, it's not it's inherent purpose, or shouldn't be). So the answer to just be well diversified. Have a short, mid and long term bucket of money. Have money in savings, have some in physical gold and silver , own a retirement plan like a 401k, as well as a basic brokerage account to purchase things like individual stocks, own bitcoin....diversification is king. |
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Bitcoin exist for over a decade yet there’s only few percentage of the human population is involved on Bitcoin investment. Not because that the majority of people is not aware nor exposed but because they are the victim of economic lie such disinformation towards Bitcoin through negative propaganda of Banks.
We are all being feed of wrong information of economic norms by the billionaires that benefiting the current system. Bitcoin is the best asset to invest in terms of price growth on long term period yet people are still scared to touch due the wrong information given by the main stream media.
In the country that I live, Bitcoin has a stigma of being a scam because our own government warn the public to not engage on Bitcoin investment due to a lot of scam involves it and the volatility is high. Most of the people here including the old professional don’t dare to touch it despite Bitcoin already has good price history.
I'm guessing that you live in a place where your government is opressive..at least to an extent? If so, don't people realize that, and then think to themselves, "well if my government restricts much of what I do just in general, and try and control us..wouldn't it be the same thing with what they are telling me and our citizens about bitcoin?"...maybe this isn't the case for you OP...but it is for a lot of people across the globe..and I just always wondered if people put two and two together. |
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It's only going to get bigger and bigger too..I mean we are just touching the very TIP of the online gambling industry. Here in the United States laws around gambling have become much more relaxed, especially in states like my own, Illinois, where gambling has been legalized across the board..however even here for many online casinos you have to initially set up your account using the casinos IP address. Then you can bet anywhere, but must set up the account at the casino to start. Before long this will no longer be a requirement for casinos across the country, which will only had to this explosion. Then the rest of the world will follow the western world before long as follow suit...again, just the tip is where we are right now.
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I once placed a bet on the underdogs and won. At first, I just casually placed bets on this team, because these underdogs were against my favorite basketball team
That's hilarious, you managed to bet on an underdog team where it match against of your favorite team, most gamblers are denial and they will keep to bet on their favorite team despite how bad or good the favorite team is. It's why a wise bettor will not care with his favorite team or not, he will analysis and bet on the team which he think will win. Some underdog team can win due to many fans are overrated the favorite team. I see this all of the time whether it's betting games (picking odds/covering spreads whatever) or whether it's playing fantasy football, people LOVE to bet on the teams that they, well..love. The worst thing a gambler can do is bet ( and I include fantasy football in the betting conversation) with their heart and not their head. It's the easiest way to lose money. I made this mistake betting on the Cubs/Bulls/Bears as well as going out of my way to pick guys from these teams in fantasy...and got burnt enough times to learn from this common mistake. |
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Trying to decide how I'm going to bet both of these games tonight, and coming up a bit empty. They are both great games, obviously with both series tied at two-two, but of course it makes it more difficult to bet, at least in my mind. I'm probably rolling with Sixers as I can't justify an 8 point spread favored for the Celtics, as well as the 7 point spread favoring the Nuggets, just can't take either being so high..so will bet on the Suns and Sixers.
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I am very fortunate that I have finally found a job that I really enjoy and that pays me a very fare wage, and I sympathize with those who are still on that journey to finding the right job, a job that pays well and enables someone to live a life free of worry whether they will be able to pay the next rent payment or not..with that said, I'd still absolutely consider working over seas, but not long term. Short term, I'd consider living and working anywhere.
I thought about teaching English in Japan many year back. Apparently there's positions like this that don't even require the teacher being fluent in the other language. I had a friend who did this, moved from the US to Japan to teach English, and do so for 4-5 years.
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Oh man, I sure as shit wish that the fall of 99% of these bitcoin or crypto "influencers" would happen and happen much sooner than later. I am by no means a bitcoin expert. I am very far from it and have been the firs to admit that since I found bitcoin back in 2013/14...but I swear I hear these so called "experts" with shits tons of followers, I mean hundreds of thousands of followers, say some of the most ridiculous shit left and right and over and over...and yet people still follow and listen.
People are inherently stupid, and I don't see that changing anytime soon..so no, I don't think we've seen the end of these "influencers". ( Thank god Andreas is back!)
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The transaction fee on Bitcoin is increasing day by day. It cost now 14$ for a low-priority transaction to 17$ for high priority transaction. I was planning to make a deposit today on my casino account until I notice the high fee on my electrum sent tab. The fee is almost 5% of my total bankroll that I was supposed to deposit. I decided to rest for now since I will be down immediately by 5% for a transaction that I don't know when will gonna be confirmed. Is anyone still playing today with this high fee? I think those gamblers that leave funds in the casino are very happy that they didn't need to experience this fee drama. This is a good question. I was going to send some more bitcoin to my gambling account, but the fact that the pool is so full and transactions are so expensive right now, I am stuck with what I've already got loaded in my account. Sure I could send with a higher fee and get it to my wallet in time for the Lakers Golden State game tonight, but I never bet enough to make that worth it's while. So...I shall send with a low fee here sometime today with no rush, getting myself ready for the upcoming late week/weekend. |
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Upsets are rare and profitable and not everyone has the courage to take a risk and bet on the underdogs, but those who do are rewarded with huge profits.
So I'd like to ask
Have you bet on the underdogs and won?
How many times you did this?
And what made you bet on the underdogs is it because of insider tips or just an insight based on your analysis?
Your level of risk when betting for underdogs in the hope of winning by upsets?
lol I wish that I had insider information to be able to make those sorts of bets (kidding, of course, that would be both morally and ethically wrong). I bet on the underdog any time I get the opportunity. What I mean by that is any time that I believe the underdog is the better of the two teams, I'm all over those bets. I'd much rather bet the odds receiving "+" points versus "-" points. My best wins are when I bet on underdogs..they definitely hit more than the other way around..for me, that is. |
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Looking forward to this Lakers game. Now that the Suns are making their matchup a series I’m hopeful I might get to see a LeBron James vs Kevin Durant matchup. Tonight the Lakers could put the Warriors backs to the wall so it’s a somewhat important game for them to win. I’ll be watching and hoping the champs lose.
You don't want to see Durant and the Suns go up against golden state? Would make for a great series. With jokic playing the way he did and Durant and book playing lights out I'm not sure this thing won't see a 50/50 game 7. The more I watch the playoffs the more I gotta think the Champs coming out of the west. East is looking a little weak right now. Oh I don't think that there's any question that the champions are coming out of the West (of course unfortunately for you and your Knicks, of course not like you had any grand delusions of going all the way or anything..but gotta say heck of a year for them. Proud of my boy Thibs). I myself am pulling for Phoenix LA. I just want to see Lebron and not Curry advance. I can't stand that mouth-guard chewing cock mf lol. Lebron vs Durant is pretty sexy gotta admit. |
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I laid down a bet on the Golden State Warriors last night, and I figured they’d win, but I was not expecting as 20 point blow out. I just don’t understand why Anthony Davis wasn’t more involved on the offense end of the court. He was shooting at a 50% clip, so it’s not like he was having a super off night..but 11 points is just extremely inexcusable.
Lakers favored for Saturdays game..not sure which way to lean.
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Although I am a Bitcoin maximalist, I believe that you should diversify your savings as an additional security measure. It is also important to keep some savings in easily realised assets. Bitcoin is great as a long term hedge against inflation, but I don't cosider it to be an easily realised asset. Of course it is a simple matter to sell coins for cash, but its volatility means that it is important to time the sale. The law of maximum perversity states that when you need to sell Bitcoin, its price will be at its lowest ebb. Bank savings accounts can enable you to withdraw funds almost immediately, but the interest rates are low. In view of these facts I decided to purchase some UK National Savings premium bonds last December. These are government bonds that don't pay any interest, but the interest from all of the savers' bonds are placed in a prize pool, and prizes are awarded each month. The prizes range from £25 to £1,000,000. I won £50 in this month's draw, and the money will be paid into my bank account, and it is tax free. Now what should I do with the money? I could use it to buy more bonds, as the minimum purchase amount is only £25. Alternatively I could buy a few Satoshi, as I believe that we will see a sharp rise in the price of Bitcoin later this year, or perhaps early next year. The million pound prize is tempting, but so is the doubling or tripling of the Bitcoin price.
Hey Jet, hope all is well buddy haven't spoken with you in some time. As I've blabbed about a million time on here I'm a financial advisor, so I always like to read these types of posts to see what people say/ask. I love learning about new products and I have to say I've never heard of anything like these "UK National Savings premium bonds" that you mention have no interest but are held in a pool which pays out wins like a lotto..this is an interesting concept. I'm curious how much is in each pot, how often do people win, and how much of the pots holdings get paid out (like percentage wise). I of course agree with you that diversification is key. Have always been a fan of everyone owning some bitcoin in their portfolio (as long as you're financially able to do so). And that's funny you mention how bitcoin is always down right when you need to sell..so true! |
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