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1561  Other / Beginners & Help / Re: Be careful buying alts that already surged high in past bull market on: January 11, 2023, 06:31:31 AM
Crypto community's favourite altcoins in 2021 bull market might not see their ATH ever again...

I am sure that most are familiar with many old big altcoins in the space, what's worrying is that majority of them never see their old ATH again, it's possible that many new altcoins that did so well in 2021 might not see their ATH anymore, for example Nano and XRP

What if I tell you that BTC is the answer? The only project that always surpass it's old ATH every bull market, we have few others too like Ethereum and BNB but BTC is just the first on my list.
According to data from coinmarketcap.com there are currently 22,251 coins added in the crypto currency market and every year a large number of new cons add to the market. Among these altcoins, not all altcoins can survive in the market. There are many altcoins that do not exist and some that are suffering from existence crisis. Especially due to the long bearishness of the market, many alt coins are dying forever without being able to survive in the market. Some altcoins that were well positioned in the bull market in 2021 but now down almost 99 percent or more with almost no trading volume. So what investors should do is to invest in coins that have a strong basement by looking at the coinmarketcap. Even if the market is bearish, they will revive. Considering all this Bitcoin is the best investment ‍assets and after that Ether, BNB and Metic would be better as the altcons investment assets.
1562  Bitcoin / Bitcoin Discussion / Re: Bitcoin can be banned or stopped by governments on: January 10, 2023, 04:52:40 PM
Indian government (maybe other also)  say that " to ban cryptocurrency we need global help" my question is : can bitcoin be banned if all government will agree to ban bitcoin

i am something less experience and has bad english so ignore
If Bitcoin could have been banned or restricted it would have been done. Even if the powerful countries of the world gather, it will not be able to control it in any way. This is the main advantage that Bitcoin took no time to establish itself today. No one can stop or ban it even if they want, because there is no control. When the governments of different countries were able to understand these issues, they looked at the aspect of not banning it but how it is possible to collect the revenue of that country. Due to various government restrictions in most countries, Bitcoin cannot be bought and sold directly, but many people are involved in it indirectly. What is important is how to implement something good through it without thinking of banning it.
1563  Economy / Gambling discussion / Re: Can we really make a living in sports betting? on: January 10, 2023, 02:24:30 PM
Not all can make a living through sports betting. This is still gambling and even the seasoned sports gambler loses so the need to have bankroll for months. With a big bankroll, you are able to weather losing streaks that will be on your way at some point. Money management is an important aspect of sports betting.
Making a living in sports batting is not an easy task. Because there is no guarantee of winning. It is not even possible to win consecutively. Because fate will not always be the same. Sports betting people who are profitable from here are truly lucky but to me it seems almost impossible. But I believe that it is possible to earn well with sports betting but not to maintain its consistency. It is possible to profit from sports betting if you can stay ahead of the win-loss ratio. But this requires proper education. How to protect yourself from addiction, greed should be well understood. Above all it is very important to know some basic things to win in gambling.
1564  Bitcoin / Bitcoin Discussion / Re: We have been told: Invest only Extra money in bitcoin on: January 10, 2023, 07:53:07 AM
Crypto investing is risky and there is no guarantee of profit every time. So always invest money that you can afford to lose, never borrow money to invest or trade.
Although investing in Bitcoin and holding it for a long time can generally be profitable, we should only invest in cryptocurrencies with money that we can afford to lose to reduce risks and losses.

Man has to conduct his daily or monthly expensive with his own plan. Every month they spend their income in various ways. Those who have more income have more expenses. I think 75 percent of people can't keep separate their income. So I can't say that I have extra money that I can invest. Since many of us don't have that ability, we have to invest in Bitcoin with what we have. What matters is the potential of the investor's invested assets. If Bitcoin is invested and has the ability to hold for a long time then it will not have much effect to use that kind of money for it. Nothing good can ever be achieved without taking risks.
1565  Economy / Trading Discussion / Re: What you really think about trading bots? on: January 10, 2023, 07:01:35 AM
A newbie in trading or crypto sees or expects a trading bot as a money making machine where you set it up and will make a profit automatically. Not thinking, if that was the case then a lot of people who came into the crypto world earlier compared to them should have become wealthy by now. Not a fan of trading bot, if I'm a person which is too lazy in trading, i'll do copy trading instead. Atleast I can see the winning percentage of the trader.

Humans have thoughts that can generate profits in an easy way. even though they have found a way to make money, they will continue to grow to try to have an easier way to make a profit. one of them with the work done by robots. but I can't be sure the robot can make you generate profits according to what you want. sometimes all things go wrong.

A trading bot is generally an application by which a trader can make his trading activity easy and profitable. If a trader does not have a good idea about trading, then using that bot in trading can be exposed to loss rather than benefit. Everything that a trader is unable to do manually can be done in seconds with the help of a bot. A trader should know well about bots before using them. If the trader can use bots if they understand the market conditions and expectations and risk factors well, then it can bring good results.

A trader should also have a good understanding of his application. A free application should never be used for such purposes. This will increase the amount of risk and even there is a good chance of losing his money in the future.
1566  Bitcoin / Mining / Re: Bitcoin mining at home on: January 09, 2023, 05:04:47 PM
It just seems to me like mining of Bitcoin isn't that real. I have never seen anyone who says that he/she has successfully mined a Bitcoin. Maybe I must be mistaken.. I just need some insights, please.
You have never seen does not mean that they do not exist. People have been profitable with mining, even more persons than you can imagine.

 
I donīt want to spend a lot of money, something until 1k will be enough for me. However, I will think about it.
You cannot be serious about really wanting to mine bitcoins for profit without spending a lot of money. The cost of mining is not just in the beginning when you just start mining, there are a lot of associated expenses that come with mining and maintaining your mining activity, you just have to be prepared for it and keep an open mind with your planned expenses.
I agree with you, I think mining bitcoins is not as easy as he posted. Bitcoin mining requires a huge amount of money.  Mining a Bitcoin requires a huge amount of electricity. If you calculate the electricity bill for the amount of electricity that is consumed to mine a bitcoin, it can be seen that there is no profit in mining bitcoins. Many countries have already tried to do Bitcoin mining but because of the huge electricity bills they have turned away from Bitcoin mining.
Bitcoin mining is one of the notable and expensive work but in recent times there has been some stagnation in this activity. Because we all know that the price of Bitcoin is very low during this period, which means that the amount of profit is also very low.
In general, by Bitcoin mining we mean a process of generating Bitcoins through some complex mathematical solutions. However, doing this type of work at home can often lead to various problems. Mining needs perfect place to work especially it has to do in a quiet environment. Otherwise there will be problem in mining. Just as there is a difference between home and office work, mining cannot be done without a suitable environment.
1567  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: January 09, 2023, 04:33:45 PM
Khulna Tigers vs Chattogram Challengers todays match going good. I enjoy the match . Khulna Tigers give 178 run terget. A.Khan played a great innings  against Chattogram Challengers. I enjoy his batting innings his batting says that he playing  T20 match. But Chattogram Challengers made 104 run without loss. Looks like Chattogram Challengers going to win the match..
Currently two popular franchise T20 leagues are running along with ODI matches between New Zealand and Pakistan. The Big Bash League and Bangladesh Premier League both are started approximately same time that is why Many may be missing the game. I was very impressed by today's match in Bangladesh Premier League. The match was between Chattogram Challengers vs Khulna Tigers. In the Khulna Tigers team Azam Khan and Chattogram Challengers team Usman Khan both scored centuries which surprised me. They also have one thing in common as both were unbeaten throughout the innings. Which does not happen often in any T20 match.
1568  Economy / Speculation / Re: Bitcoin - what price would you sell? on: January 08, 2023, 04:14:23 PM
I started accumulating Bitcoin after the June crash last year, my average buy is currently $17500.

I feel like it is a good time to be accumulating but also lately have been thinking it may be a while until it is worth selling.

I think Bitcoin will reach $100k maybe $150k next bull run in 2025 but feel that is not going to be enough for me to sell as I won't have anywhere near 1 full Bitcoin.

I invest in Bitcoin weekly but I also have other Altcoins I invest in so it is not a large amount I am able to put into Bitcoin right now.

I am thinking of just accumulating till 2029/2030 which should be the next bull run after 2025.

Hopefully by this point I will have close to 1 full Bitcoin and the price will be at least $250k which would then be worth selling to me.
In this regard one person's intention may be different. A holder may think differently to what a trader would think. There is a less chances of similarity of thought with these two types of people. When you sell bitcoin is entirely up to you. You can buy bitcoin at a low price and sell at a small profit or hold them for a long time and take more profit. It will basically depend on the condition of the individual purchase. But my thought with bitcoin is that when I get 2-3x my investment I will sell bitcoin and try to buy again when price will drop. There are many good holders who will sell $100k or $200k at this price after holding for a long time.
1569  Economy / Gambling discussion / Re: Cricket match prediction discussions on: January 08, 2023, 03:47:07 PM
Honestly, if India and Pakistan did not have so many problems between themselves, both of them could have achieved a lot more in cricket. But their ego of themselves are just too big. And we all know that both of them working well together is never going to happen.
If there is a match between India and Pakistan, the cricket world will get a new life. These two Asian countries are currently in the leading position in cricket. I believe Asian cricket will benefit the most if these two teams are friendly and not jealous of each other. Maybe they know these things but they are far away because of their arrogance. They are never seen together except an international event and I highly doubt it will ever return to its former position. The distance between India and Pakistan has not been increased by the people of the two countries rather then the politicians who have increased the distance politically.
1570  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: January 08, 2023, 03:26:42 PM
Earlier Big Bash League used to be very popular and discussed much. Once after the popularity of IPL everything got diminished. IPL have taken the lead among the entire cricket leagues that's been conducted within countries.
The BBL is still popular(Especially in Australia), but nowhere near IPL's popularity as you mentioned.

IPL has its own popularity but this does not mean that other leagues are not popular. If this was the case, then other leagues would not have attracted money and viewership and eventually die.

However, its just we start to watch and discuss, and more people will join the discussion.

Here is the current table for BBL and Sydney Sixers are leading the league.


IPL is the best among all Franchise Leagues. As the gallery is full of spectators on the field,  people from all over the world enjoy this league. There is a jubilation among the gamblers as well. Which is not seen in any other leagues. Moreover, according to the new agreement, in 2023-2024 session the number of matches in the Big Bass League will be reduced. As a result, it is easily understood that IPL is the most profitable and in the leading position in the franchisee league. Sydney Sixers and Perth Scorchers are currently in the leading position in the 22-23 season of Big Boss. I think the final can be decided from these two teams. Although there are still many matches left.
1571  Economy / Trading Discussion / Re: You Learn More from Losses than from Wins on: January 08, 2023, 01:59:46 PM
Remember the first trading lesson you learned as a newbie? Did it come from a win or a loss? A loss teaches you about the reality of the market, protects you from becoming cocky, and humbles you. When you are a beginner trader, a small loss is not a terrible thing. Losses teach you proper trading risk management strategies and techniques and respect for the market and prepare you for long-term success.

Remember the first lesson you learned as a beginner trader? Did it come from a loss or a win?
A word is often heard that when people lose, they learn from it. Trading is a platform where the experienced are often loses many time. A new trader must take part in trading with proper education. Trading is not difficult but making profit is not so easy task. When a trader wants to trade, he has to trade with the knowledge of various things. He has to review recent events and history. Which is not easy to master. But when a trader makes a big loss, he does a lot of research, why he made a loss. That lesson is more useful than any other time for a new trader. Most of the trader lose during the beginner stage of trading life. I don't consider that time as loss but as the first step to gain.
1572  Economy / Gambling discussion / Re: What are the motives that drive you to gamble? on: January 07, 2023, 06:57:01 PM
I do not know about you guys, but I gamble because I like it and because it is a hobby as well as an addiction. I'm good with myself, as I already admitted to having an addiction but tried to find and apply techniques to avoid getting off track and spending all of my money on gambling. It's quite easy for me to control my gambling anxiety as I already follow strict rules that help me stay on the line.


What about you guys? Do you have any gambling addiction? What drives you to gamble? Is it the long shot of having a big profit coming in or is gambling simply a way of spending time for you?

For the sake of hobby and fun, it's ok. But remember, greed is a curse.
So don't expect or crave too much. Just play with the safest limit possible.
However, it depends upon your luck as well. Good Luck.

Gambling addiction is way above greed because if one is greedy he/she will not want to lose money but same can not be said with addiction since an addict can play with their last card and even go as far as to borrow just to feed their addiction.
It is natural that when a gambler gambles he tries to win whether he is addicted or not. If he loses, he will lose his money, but knowing that, he tries because he knows that if he wins, he will get a return.

All of us who gamble can realize why we gamble. Most gamblers will agree with me that focused on gambling especially in case of sports betting when a favorite series or franchise league starts. There will be winning and losing in betting. Gambling is a form of entertainment that should be realized. Nowadays it is a widely known platform for entertainment. The real gamblers are those who can gamble without any disappointment even if they lose and these gamblers do not consider making money as the main purpose.
1573  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: January 07, 2023, 05:52:20 AM
Third T20 match between India vs Sri Lanka gonna be very interesting. Both the teams winning a match and the last match to decide the series winner is really interesting. Both the matches were good to watch. The first one had a fiery bowling from India and restricting within 162 at the last moment is big thriller. Second match Sri Lanka batted in full form. An easy winning for Sri Lanka was taken to the last over as the bottom order powered the match.
In the last T20 match, Sri Lanka's score of 206 that force damage India's batting. Especially the top order is completely defeated. Many may have been embarrassed by the batting of the top order. Today is the last match of this series. Today will decide who is better in this series.
Rahul Tripathi may be substituted in this match. His last match performance was not as expected. The 3 others top order batsmen also face same problem. But it totally depends on the team management. As it is the last match of the series, both the teams will try to ensure the victory of the team. But it can be said without a doubt that Sri Lanka's cricket development in recent times has given rise to good reviews in the cricketing world.
1574  Economy / Speculation / Re: Will Bitcoin Die or Pump Up in 2023? on: January 07, 2023, 05:30:55 AM
According to Elon Musk, the price of Bitcoin will increase by the end of winter.  And we should not lose hope.  We have to harden our minds.  And everyone needs to hold on to Bitcoin tightly so that it doesn't get traded away from the market.  Whoever has the amount of BTC deposited, rest assured.  And wait, something good will come inshallah.  Inshallah BTC price will increase by mid 2023.  And I believe in Elon Musk's words, so you should continue to believe.  The price will definitely increase.
There is currently a huge shortage of fuel in Europe. Moreover, the Ukraine-Russia war has caused massive increases in fuel prices in almost every part of the world. There is a big concern to fill the fuel shortage in Europe during the winter season. If that winter can be properly overcome, many believe that Europe will be free of major anxiety and that financial conditions will return to normal. I think Elon Musk may have analyzed that and expressed that crypto will be bullish again after winter. Moreover, currently the winter season is going on in cryptocurrencies, after this season, a big bullish trend may start in crypto ‍again.
1575  Bitcoin / Bitcoin Discussion / Re: Is it advisable to memorize seed phrase? on: January 07, 2023, 05:04:16 AM
I read that one of the best ways to preserve a seed phrase is to write it on a piece of paper and keep it in a safe place... Somewhere safe could be in your home out of the reach of family members and friends, it could also be a safe deposit box. But not everyone are financially buoyant to afford the services of a deposit box.

I believe we must have seen or heard about fire outbreaks, where buildings are completely erased by fire. Imagine if the owner or occupant of such a building has some Bitcoin assets, and has his/her phone, tablet, laptop and the seed phrase piece of paper in the building and everything was lost to fire. Now, this brings me to the question... Can seed phrase be memorized? It's advisable to memorize seed phrase?
Seed phrase is an important key that can contain all your life savings. Considering its importance, it definitely deserves maximum security. Otherwise you can lose everything in an instant. It can be write on a piece of paper but if it is keep on a digital platform it will be safe to protect it from fire or any other form of damage. Remembering the seed phrase is risky and can be all over if you make a mistake. So I think it's safe to write it down. A user can keep it where it is convenient considering its maximum security. However, if the password is stored in a safe place, he will be able to easily remember the short password of that platform for login where the seed phrase is usually longer that will be comparatively difficult to remember.
1576  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: January 06, 2023, 05:40:05 AM
Good game by Sri Lanka today they batted really well. I have seen Sri Lanka's performance is altogether different when it comes to subcontinent pitches and absolutely different when they go out side it. Probably this is because of their local league as well. Players are acclimatized with playing in the Sub continent conditions but fail to make an impact when they play in England or Australia.
Its like a comeback performance from Sri Lanka. The score that got falling at the mid overs were well compensated. Good performance from batting and bowling lineup. India managed well to reach 206 runs, but they couldn't. The openers and the middle order completely down. There performance is a must to win in these kind of matches.
If India's openers could have played their normal game in last match, there was a chance of winning the match even if the middle order players did not play. When the openers and middle order are completely destroyed, it becomes difficult to win big scoring matches. The way India almost turned the match with some lower order batsman but finally they lost the match due to lack of good wickets. I have say certainly that Sri Lanka has turned around in recent times. They lost the first match by 2 runs but they scored over 180. They also scored 206 runs in the last match. This kind of performance against India is certainly not common. I also consider, Sri Lanka is back again.
1577  Economy / Gambling discussion / Re: Cricket match prediction discussions on: January 06, 2023, 05:15:22 AM
~
The poster you are replying to referring Shahid Afridi's comments who is part of PCB now and he really said that we'll not consider any player who has below 135 SR in T-20.

Babar and Rizwan both didn't even touch 130 SR after playing more than 80 + matches.
I was also referring to the memes after Afridi's comment about players having a strike rate of 135 to be in the T20 team and Babar and Rizwan are their consistent players and if they had better players to fill their spot they would be in the team by now. Babar and Rizwan are having a strike rate below 130 even in domestic T20 but their average is above 40.
Former star player Shahid Afridi is currently serving as the head of the national team selection committee of PCB. He has been talking about various changes after coming to the Pakistan Cricket Board. He wants to rebuild the team and make it reliable. In recent times, his various expressions have been at the center of criticism. He will not keep anyone below strike rate of 135 to settle the T20 team. Such statements seem to be completely baseless. Because Babar Azam and Rizwan are both reliable batsmen in Pakistan and under 135 strike rate. Apart from them, I doubt whether there are any players in Pakistan at present who are belongs to play well. I am sure he will amend his statement.
1578  Economy / Gambling discussion / Re: Cashless Gambling, your thought? on: January 06, 2023, 04:50:37 AM
  - The government can't think of any other alternative way to generate money so even gamblers will reduce taxes for this matter. Doesn't it seem like the greediness of those who think this way is becoming obvious?

Besides that, cashless payments are only beneficial in online gambling, what about physical gambling or land-based casinos? Is it still cashless that they want to implement here?
Taking such a decision there will have some positives along with some negatives. The government has realized that the gambling is now become the most potential Industry. It is closed and open in any case of corona pandemic or any other natural disaster. Here they have a huge revenue opportunity and such plans are the most effective to collect the revenue smoothly.

However, this kind of regulation will have some negative impact on the gambling industry as well. Because many of today's gamblers are not willing to make their KYC. Most gamblers can feel worried when instructed to make a mandatory deposit through a bank. As a result, the gambling industry will be hampered to some extent.
1579  Economy / Speculation / Re: Is hodling top 10 Marketcap coins a good tactic? on: January 04, 2023, 02:53:36 PM
I also believe that once this bear season is over, there will be some top coins that will not be able to recover and will be replaced by some new and more potential coins which is inevitable. The altcoin market is always like that, they will always change after every cycle, so to be honest, investing in the top 10 except BTC and ETH, all the rest is very risky.

The good tactic in a bear market in my opinion is to focus mainly on BTC and ETH, the rest look for new gems in the market instead of the top altcoins. For example, the recent Aptos project could also be new gems that will replace someone in the next bull season.
Your statement is absolutely true. When I was dreaming and preparing my self for purchasing Solana at that moment Solana and FTX get down. I never imagined that two coins could be face such situation. Looking at the current market picture, I agree with you that there is no alternative to investing in Bitcoin and Ether. Every time the market turns from bearish to bullish, some altcoins will get down from the top position to bottom. I think one should not invest outside of these two to minimize risk. If one invests in Aptos and APE Coin with risk then have the possibility to get good return in the bullish market.
1580  Bitcoin / Bitcoin Discussion / Re: Why Microstrategy owner (michael saylor) holds huge amount in bitcoin on: January 04, 2023, 02:18:49 PM
I start to trust 200% in bitcoin and instantly convinced to invest 80% of my money in bitcoin after watching michael saylor's holding in bitcoin ,
i always wonder, what research has been did by michael saylor that he trusts so much in bitcoin and holding this much part of his net worth in bitcoin
I read that he done too much research before going all in ,
anyone please can tell what things cause this much trust
Today in world business one of the most talked person is Michael Saylor, chairman of software vendor company MicroStrategy (MSTR). He is known to have purchased approximately 2,395 bitcoins worth $42.8 million between November 1 to December 21. So far MicroStrategy has collected 132,500. It is worth about $2.25 billion at current prices. There is no doubt that Michael Saylor is a big holder of Bitcoin. He owns 0.62% of all bitcoins. His faith and trust in Bitcoin has encouraged all the investors. Undoubtedly, he will reach his goal ‍accoridng to his mentioned time. In a bearish market, BTC's low price wont be stable. It will again be able to break the previous record by it's bullishness.
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