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1641  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: May 22, 2023, 12:16:33 PM
The problem everyone see is that the BCCI has an upper hand in the decisions of ICC. Personally i am not happy that politicians are interfering in sports and that should be independent from any sporting events but that is not the case with Cricket even though there are no restriction on other sporting events between India and Pakistan but as you mentioned Cricket is the most followed sport in both countries and hence the hype.
I agree but sadly we can't bring changes in near future because culture of subcontinent is completely different from the other world about many things and here peoples mostly wants to live with their personal ego's and own choices which are having big impact it is happening in these both countries just because of this we are still missing bright sides development which is happening around the world even many will be feeling India is growing very fast but in reality it is happening in few cities not all over India so just because of this we are feeling problems about few things specially only in cricket.

On other side Pakistan is going down badly due to domestic issues even many feeling now we are going to have another big disaster after 50 years again so in my view we are not going to have positive changes in this area and game as well.
1642  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: May 22, 2023, 11:09:05 AM
The match turned out to be very competitive. Gujarat needs 19 runs to win in the last two overs. With Shubman Gill still at the crease, the match still seems to be in Gujarat's control. Even then it cannot be said with certainty that Gujarat is going to win. If Bengaluru manages to do well in this 19th over and take the wicket of Shubman Gill then Bengaluru looks set to win. However, Bengaluru's bowlers did not perform well at the start of the innings. They can't take wickets. This is why they are so far behind. But I will be happy if Kohli's team can qualify for the knockout round.
Kholi did play well. But thats so unfortunate that Bengaluru team won't be able to win the match
Gujarat team is in full form and they are having an edge over the other team.
We can't blame Kohli in this current situation, it's just luck of RCB as they lost again and out of the competition early with good performance and back to back centuries from Kohli were also not enough for them to have place in last four.

100 from 61 balls are also not helpful for the RCB because I am feeling they were short of 15 to 20 runs and this all just happen because of Kohli as he spendt more balls for his century here we need century on 45 to 50 balls which can help any team for having better result in T20 games but still this was good inning from the legendary player but GT was at top with Shubum Gill was on right side with having 100 on 51 balls which helps them for winning match and taking top spot.

Now we have all best four teams in next round and things could be more entertaining because predicting about winner is surely not easy with these team's performance.
1643  Bitcoin / Bitcoin Discussion / Re: A new milestone: 1M addresses hold 1 Bitcoin on: May 21, 2023, 06:26:23 AM
Everything takes time and a proper approach towards its growth.  Maybe months, years, decades, who knows?  But once it has taken the pace, it will gradually start to grow more and move as we move towards the future.  You cannot become a millionaire overnight, it will take time and effort in order to make that happen.  Some goes with Bitcoin growth.  We have seen in the past that Bitcoin has slowly but surely grown.  As you have mentioned, like people used to say that no one will own one bitcoin in their wallet.  Now see how much it has grown.  And now the numbers are just going to go up. This is like once a thing start to grow, it will pick up the pace and nothing can stop it. Bitcoin is moving towards that direction for sure. Not everyone can afford to own 1 Bitcoin in their wallet, but the number of people owning Bitcoin will grow as we keep moving towards the future. The total number of people will increase, and the number will skyrocket.  It's just gonna need some time.
I agree with this, this is why I am in favor of long term approach as always. While some people tried to tell me what some coin they held made them, I said I made a lot less with bitcoin and they mocked me, now most of them lost their money and they are crying over what they could have done, and yet I am doing fine and I do not worry about anything at all.

People could make their decisions based on what they are seeing currently and I understand that, shortsighted investments are a common thing and I get it, but I am not going to be doing anything like that, I am just going to consider the situation as normal and will not matter to me at all. I think the best thing to do in this case is to make sure that people end up with a good result while waiting long term.
1644  Economy / Trading Discussion / Re: How to maintain profitability in crypto trading on: May 20, 2023, 10:53:03 AM
Maybe there are times that no matter who hard they try, profits won't come out. They already expected this but this should help them improve their skills more because they will now create a new strategy just in case the same scenario will return. Bigger profit must be the goal of the investors but the goal of the traders is to make small consistent income. The money can still stack this way.
The goal of traders and investors in general is about returns, but what differentiates the two is about when they will take the profits. Traders tend to focus on shorter time frames than investors, they can be consistent depending on trends and trading strategies but in my opinion it's difficult.

The level of difficulty in maintaining profitability depends heavily on the trading strategy of each trader. The liquidity of the market will also affect it, but in the end I can only agree that investors are the big winners in the crypto market.
I guess that it should be something that will matter a bit, not going to really change much but in the end we are going to have something to look for when we are long term investors, it is a long term but also a bit of a lazy thing.

I became a long term investor not because I think this will make me more profit, it may or it may not, depends on how good you are as a trader, but because I knew that I would have to work so much more to make more money as a trader. That is a big reason and I do believe that we shouldn't really focus on how we could make profit and just focus on what is realistic for us. That is how I approached it so far and that is how I will keep seeing it forever. It will allow me to consider this as a way out financially, and what I can actually do as well.
1645  Alternate cryptocurrencies / Altcoin Discussion / Re: How do you choose altcoins you buy? on: May 20, 2023, 10:33:02 AM
Sometimes the team doesn't defines the success of a project, I have seen projects back then early 2017 that came up with cool concept and with good team who were working tirelessly to make sure everything are being put to front, also with adequate protections in terms of security aspect.
But actually the project didn't survive why?

Because they couldn't raised the required funds during their ICO's and tell me if then someone choose to venture into their project don't you think that is a waste of resources?
And then there were lots of scammer who internationally want to scammer people with their hand ear money, what I actually sense from project that would be successful is that if the team are self funded and already made at this they won't purely depends on their sales to raise funds to further develop the project rather looking on their funds after which they got listed.
I think that's the problem, the main problem is to have a team to begin with. Investors like that for some reason but we shouldn't rely on a few people to make money, teams mean exactly that, we rely on that team to make money but we shouldn't and that's a terrible idea.

I personally believe that the best thing to do in this case is to make sure that it goes the right way and we do not face with anything that will hurt the bitcoin market, and thinking that some teams could develop something that will go up is one of those things, we shouldn't be doing that at all and we should be looking at different angles of this instead. I hope that it goes well, and they make money but I won't be giving them my money to build it, let them do it and if it's good I will buy some.
1646  Alternate cryptocurrencies / Altcoin Discussion / Re: Feedback on Portfolio on: May 20, 2023, 08:51:36 AM
Most investors in crypto usually have the top 10 coins, its not surprising if you listen to those advice to just invest on those cryptocurrencies.
If you have more than billions of PEPE, you can be assure that some may react you're a shitcoiner but whatever you have in your portfolio is good enough for you no matter what we say.  What matters is whether you can sell your tokens profitably.
I am one of those people, only coin I have outside of top 10 is LTC which I have been holding for many years now and already trust as much as I possibly could, aside from that there is nothing that I have been using all that much, I just feel like the best thing to do in this case is to keep it going as it is and that should be fine.

I do not need any of those low ranked coins, people think they will gain position and go up a lot but the reality is that it may go down as much as it can go up so there is really no logic on keep trying that. I think the best thing to do in this case is to make sure that we can make some return with time, I understand it is not going to be simple, but just make sure that it's at a level where it can be good, so we can move further along.
1647  Economy / Trading Discussion / Re: Bear And Bull Market? on: May 20, 2023, 07:05:16 AM
Dude what in the fuck are half of you even talking about? Honestly, you guys who comment shit and have absolutely no idea what you're saying, you really should be embarrassed.  Do yourselves a favor and take a few minute and use this cool tool called google that can actually explain what a bear and bull market are.

OP in simple terms, not by an definition, a Bear market is when the stock market is going up, and more people are buying equities than selling, and a bear market is the opposite.  It's a term that's been adopted to other types of markets, such as cryptocurrencies.
Well, a little typo on yours too mate Smiley you said "bear" is when it goes up and then said bear is when it goes down as well, first one should be bull and not bear, but it happens we are all human, typo is only natural. But I think there are way too many people who disagree with that and consider them as phases. As in, even when we go up today, it is still a bear. Because we reached 68k and when we are still this low, going from 25k to 30k doesn't mean we are out of bear market, so a "low price equals bear market" understanding grew up.

I disagree with that, I think bear is only when it goes down, if it is low priced but not going down then it is not bear, but some people consider that as the case and that is why it matters a lot as well.
1648  Bitcoin / Bitcoin Discussion / Re: Bitcoin retirement benefits on: May 20, 2023, 05:41:16 AM
This can mostly apply to almost any other investment that you think will appreciate — it's not really exclusive to bitcoin alone. But I get your point.

There is one point the OP mentioned which is almost exclusive to Bitcoin and really
counts on its decentralised nature and that is the transfer of it from one person to
another without the receiver having to incur taxes.
I think it is important to remember that if you could give it to your kids, and if you can manage to do that then it is not going to be a terrible way to leave something behind. However, I have always been in favor of sharing a place, it could be a land, it could be farm, could be an apartment, or the whole apartment building itself if you are rich, or a house ,whatever you know, it has to be real estate.

Because while we are talking about how bitcoin is limited, we are ignoring the fact that land is limited too. So if you can buy a place at a good location, leaving that to your kids is amazing. Bitcoin is cool and all, but bitcoin may fail, however a place you own is a place, it can't fail, it will always be good and will stay good.
1649  Economy / Economics / Re: Do you spend more-do you get more? on: May 19, 2023, 09:10:45 PM
I think the saying should be “the more money you spend in trying to make more money, the more money you get in return”. You can’t spend money on frivolous activities and hope to get some more money in return. It’s absurd.
There’s a phrase I know which is  “making your money work for you”. This entails having some good and viable investments and perhaps some sort of business that would actually bring in profits for you after you must have sunk some good money into it. You’ve got to spend some money to make more money and I don’t mean buying things you would have no need for later on.
That's true, you need to spend money to make money and a lot of people are refraining from that and the result will never be good if they keep doing that. I get that it is not going to be easy, but at the end of the day if you do not risk something, then you are not going to get anything at all.

I managed to do something before once in my life, it was a good project and I risked it and grew the business and I basically made break even, maybe like a tiny bit more like couple hundred dollars to be fair, but that's about it. On the other hand, when we are talking about someone who doesn't risk anything and try to do it all for free, it's not going to work and the result will not be that good and you can't really do much that way, it just doesn't make sense.
1650  Economy / Economics / Re: Kraken, UK trade body derides lawmaker description of crypto as ‘gambling’ on: May 19, 2023, 08:44:02 PM
Everybody or institution is entitled to their own opinion. People are free to see things differently based on their experiences and views. They are seeing the crypto sector through the lens of the current abuse of crypto coin creation and investment. Even as we speak now hundreds of shitcoins is been created. These developers are flooding the market with worthless coins that crumble in no time.

Some people see the sector as a get-quick-rich avenue. These people have turned the crypto space into a casino. They buy various risky shitcoins intending to sell them off in a few days and make instant profit.

But we shouldn't also forget that anti-crypto forces will keep on giving the sector a bad name to discourage people from abandoning the failing banks.
Isn't it unfortunate that it is allowed to be like that? I mean I get the coins that have no ownership, no dev at the top, not looking for the team to do something, that is how it used to be. Today? We fund a team to build us a good project that can get us rich, basically a ponzi scheme and nothing more, if that team doesn't make the project go well, then we are not going to see anything do better at all. This isn't really the way to go, we should be able to actually see it move further and do better as well.

I understand that people are at a level where it is going to be a trouble, but we just need to handle it a lot better in the end, it should be a lot easier to figure out. All in all we are at a level where it is going to cause us to see it differently one day.
1651  Alternate cryptocurrencies / Altcoin Discussion / Re: The Ultimate Meme Coin is Here Sheep coin Launching soon on: May 19, 2023, 06:44:45 PM
Our platform is designed to reward creativity and humor, allowing users to showcase their meme-making skills while earning real money. With Sheep Coin, you'll have the opportunity to create, share, and monetize your memes like never before.

During our presale, early investors will have the chance to get in on the ground floor of this exciting new project. With a limited supply of coins available, now is the time to act if you want to secure your stake in this groundbreaking cryptocurrency.

Don't miss out on this opportunity to be a part of the next big thing in crypto. Join the Sheep Coin community today and start earning rewards for your creativity!
Ultimate meme coin huh or do you mean the scummiest of all the scum meme coins. If there is an ultimate meme coin, that will only be dogecoin because it is like the bitcoin in the meme coin world. It is first, it has the highest value and the most popular but unlike bitcoin, dogecoin only has an unlimited amount of supply but in fairness I like the concept of this meme coin you shared here.

I love creating memes and it's great if I can earn out of this hobby but there is still a problem here and that is, if this meme coin will be listed soon ( on a better exchanger ) and if its value will increase greatly. If yes then many people are going to be attracted with it.
1652  Alternate cryptocurrencies / Altcoin Discussion / Re: How to Assess a Memecoin and Not Get Scammed ;) on: May 19, 2023, 05:49:55 PM
I think the meme hype is over. Fees are lower and don’t see these meme tokens hitting ATH anytime soon.
Fairly it go down. But Im sure once another meme coins show up and disturb again the network there would be another cause of high usage. Memecoin are will always be present sometime it become a dull moment cause not all meme are gonna do what shib, pepe, wojak, and any other shitcoins out there are doing in terms of performance. Mostly died out after few days, weeks and months.
This is the game of meme coins, they will rise and fall. After some time another cycle will happen again but for now or later on, we might see a crypto bull run first before any other trends in the market. Most meme coins have no use other than for pumping and dumping, so saying that they have a high usage seems weird.

Meme coins bring fun in a dull market. It kills the boredom for a while when we are seem to be stuck in a rut and are waiting for another major event. You shouldn't mix SHIB with pepe and the other meme coin because they are not on the level of SHIB. SHIB is still here and have some demand with or without the meme hype, but I doubt if others will still be there after some time.
1653  Alternate cryptocurrencies / Altcoin Discussion / Re: People with quick rich attitude always mess up with alt coins on: May 19, 2023, 12:26:20 PM
Does everyone is reading what you have posted in the forum or does everyone hear from you? Unfortunately, not all, and even though some people read it, still commit mistakes by investing useless coins due to the influence of social media and some known personalities. I would say that no matter what we do, things like this will happen to someone else, especially for greedy people as it was hard for them to think twice. They can make decisions right away without thinking about the possible risk and losses that awaits them. And yes, it really happens...
Absolutely, even there is a lot of information regarding to this, not everyone will follow.

We will continue to see people who will be lazy and will still follow this kind of attitude towards this investment, thinking that by one luck
they will change their life forever, same concept with gambling. They are thinking that if they will invest with new project and that project will pump hard, then the money will multiply to the value that beyond their imaginations.
I feel like it could be a lazy method to just buy and hold for a long time as well and yet not many people think about that. Just put like 10% of your income every time you get your salary into bitcoin for 10-20 years and you will end up rich, I am not even kidding that is the only and the best way to get rich and it will make you rich without a doubt as well. And yet when we look at the situation there are so many people who think that it will not make them rich and they need to get rich so much quicker.

There are people who trust the influencers online and invest accordingly more than they trust the long term approach. I realized this would make me richer a lot earlier and it has turned my life to an amazing place for 2 bull runs in a row now.
1654  Bitcoin / Bitcoin Discussion / Re: The World's First Kids Cartoon about Bitcoin on: May 19, 2023, 11:40:50 AM
there are many ways to introduce Bitcoin to children, so there is no other reason for us not to introduce it from an early age. The first and the best Bitcoin educational cartoon I've ever watched.

The full episode and more for free at: https://www.Angel.com/TuttleYouTube
I think the aim is also a bit about the kids too, everyone talked about adults but kids are a big part of our future in the crypto world. There are a lot of adults who grew up during non-crypto era and they may not be favoring that, most of us did too, but kids who are 20 years old and put their money into crypto may also have a situation where they grew up with bitcoin, and the next generation will come too.

Many want to be rich today, but if you look at the past and the future, you will see that it is almost been 15 years since it all started, in another 15 years all the kids that are 5 years old today will be 20 years, and all the 20 year olds will be 35 years old. So we need to aim at the kids and make them understand how this is much better to guarantee our future as well.
1655  Alternate cryptocurrencies / Altcoin Discussion / Re: Tether to buy Bitcoin based on monthly net profits on: May 19, 2023, 09:35:50 AM
One thing to learn from is that they stated that they are putting their bitcoin holding into a self-custody wallet. As a person or organization, there is nothing better than to have your keys and your coins than to depend. This means a lot to me and to people that prefer self-custody.

Tether has $1.5 billion in bitcoin. That is 2% of their total reserves. 85% of their total reserves is in cash, cash equivalents and other short-term deposits, primarily treasure bills.

https://cointelegraph.com/news/tether-to-buy-bitcoin-based-on-monthly-net-profits


Bitcoin will be a coin that people and organizations will depend on. More organizations will see that bitcoin offers value more than fiat, but they need to understand why, when and how.
I personally feel like the best thing to do at this moment is to make sure that there is absolutely nothing wrong or shady going on in their books. If they are fine with getting audited constantly then I would be fine with them doing whatever with their money. If it shows that they are doing nothing wrong then there is nothing wrong, if they are doing anything wrong then we are going to see that and that's the important thing.

I personally do not trust any stable currency as long as the company rejects the idea of getting audited by a good company and that would require it to be a lot more expensive if you keep getting that done constantly. Maybe not every month, but it has to be frequent so that we as investors would see that. We are giving them our hard earned money after all.
1656  Bitcoin / Bitcoin Discussion / Re: A new milestone: 1M addresses hold 1 Bitcoin on: May 18, 2023, 06:40:50 PM
It's good to see that the community is growing at this speed. I used to think that price drops are bad things. But as I have learned in the past 2 bear markets, it's an opportunity. Many new will join and others will fill their bags in this bear markets. This is quite an achievement for Bitcoin community. And I think it is worth of celebrating. We still have a long way to go in order to reach global acceptance of Bitcoin. This achievement really shows us that we are going in the right direction. I think we won't have to wait that much as we have predicted.
I understand that it is not going to be easy to handle this because it takes a long time for people to have this many people and reaching these levels are great because many people thought that we are not going to be growing. Some people may look at today and think that this was inevitable, but I remember clearly that 10 years ago people would use to say we would not even have a million people interested in it let alone have 1 bitcoin on their wallets.

I think it is important to remember that there are only 21 million bitcoins, or there will be, so at the very maximum we are going to see 21 million people have this, and we are already at 1 million mark, it is going to eventually cause the price to spike insanely high when the time comes.
1657  Economy / Trading Discussion / Re: The biggest No while trading on: May 18, 2023, 02:54:10 PM
- poor risk management: your risk management will not be put to good use because you are desperate, you want to meet up and that will be when time will be working against you, so please fellow traders stop trading under pressure,
    I don't know if anyone have more to add?
It really boils down to experience though and again, your psychology, what I mean is that you should be positive of all your trades. I know that you can't win all of them, but still don't be negative and right everything down so that you can go back and see where you make the mistakes and then improve and developed your own strategy.
It could be on how to make more money or can be on a different matter. No matter how prepared we are, pressure or stress can still come but we shouldn't worry because it will wear off later on. We must still try our best to continue doing our designated tasks. If we have an experience, we already know how to deal on certain things.

We know that the market is volatile and there are different conditions that affects it. If you are a solo individual, it might be okay to earn less but if not, you shouldn't be doing trading alone so that you won't pressure your self anymore to trade hard only to get your quota or target profit.
1658  Economy / Trading Discussion / Re: Earning online more preferable than offline? on: May 18, 2023, 02:15:04 PM
the advice could not be worse because trading is not for everyone, do you see how many people have succeeded and become wealthy through trading, especially newbies? currently, the economic situation is precarious, making money with traditional occupations faces many difficulties, but that does not mean that we give up our traditional jobs and go to trade.  That's really bad advice, and if someone is going to do it, it's a stupid idea. by the way, have you become rich by trading? I will be glad if you can provide proof.
Could not be or could be? Because you said not all can do trading but that is if we are only talking about trading but the title says online so it is not only limited in trading because there are so many ways to earn money online but since we are here in a crypto forum, we will only talk about the ones who exist in the crypto field.

There is investing, staking, lending if not trading. There is no way that a newbie can be successful immediately and become wealthy in trading. Only the ones who have that potential is the pro or those who already have an experience in this niche. Not all who work in traditional jobs are struggling. It also depends on the country. If so, why not quit and find a better job or add another job to have a sufficient income?
1659  Economy / Trading Discussion / Re: I don't know if am right or wrong about this. on: May 18, 2023, 11:26:15 AM
If you have teach him about the risk involved then don't worry it's now up to him and up to his luck that how he manipulate the things. I think that everyone should be aware of the risk involved after get enter into this business.

I think no one should blame one another as everyone has their own mind and thoughts so no one is such a fool to invest money blindly without investigation. If a person ask you about something then tell him the truth but never force him to do so because everyone has the ability to go through the details and then invest nothing is impossible if a person tries to do it accurately.

You are not wrong you have just tell him what he wants to know and now its his decision that what he wants to do.
You said each has their own business? That's true and that is why there are people who invest blindly because they are not wise or knowledgeable than the other but it does not mean that they can not lose anymore. Losing is still there but it can only occur rarely to them.

If someone approach us, we don't need to force them anymore but this is better than the other way around because they will shoulder the consequences and will only blame their own self if the plan didn't go well. When a newbie enters, the most common thing they want to know is if it's profitable. Just don't lie and say yes but also tell them the catch. It's okay if they get discouraged. It does not totally affect the adoption anyway as it's only a tiny part.
1660  Economy / Trading Discussion / Re: Know it that market is speculative on: May 18, 2023, 09:42:53 AM

What do you think?
What I have learn in all trading and market that I entered? all is speculative mate unless those are manipulated place in which
only the whales are winning , but in crypto market and even in all trading platform < it is speculating is what it makes the world go round.
There is manipulations in each market and the whales are mostly benefiting with it but if you have some good experiences, you will know the patterns and you can ride those manipulations to gain a benefit as well. If it's about the financial market, speculating, other than manipulation is what makes it go round but outside of it, some says love while in science, it says the gravity.

Newbie or not, rushing is not good but it can only cause a mess on the things that you are doing but newbies mostly needed it to be able to minimize the risk. The forum is free so no one will lose money here but we do all lose once we engage in trading or investing. It's normal though.
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