This nice. I will also advise you to invest and also trade so to balance the equation. One thing in human life is determination and once you determine and put it into action definitely you must achieve it. But before you start your trading, you need to learn and know the basic elements of trading and some of them are. Knowing the entry point and exit point. These are most two important things in trading before others were added into it.
You have to know that there is risk in trading and you have to learn well before starting the trade and you have to start with a small amount like 200 USA dollar.
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All the points you gave are valid in trade and I will asle add one to the ones listed. Don't rush when trading. Also be calm and that where patient which you mentioned come to play. Any trader who has not gotten enough knowledge on trading and because of the basic knowledge gotten from demo account will just waste his or her money in trading. Trading in is not for children play. Trading is not a Ponzi Scheme that people would go into and make money within a day or a week.
In trading you have to wear thick skin and know how to control risk.
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Almost all the things you made mentioned are strange to me because ni registered my account in the month of April 2022 and the events I have experienced are the collapsed of Terra Luna and the collapsed of the FTX which made Bitcoin to come down drastically to the rate of $16,000 in the year 2022. And also without wasting of time to answer your question, then I will say Yes. It is possible for some to acquire or experienced those events and yet give ill advise because probably he was not given too much attention on those things and was just enjoying the happing at the time.
But the matter what he would still have something to say about those events.
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Gambling every day means you are to lose every day and you will definitely lose more tb the wins . And that means you to enrich the casino company with your salary and become the most poorish person in the societ. And If anyone like to gamble then at least one or twice a week is okay. Gambling every day will not give you the luck win. And the lucky win comes once and if it is once then you lose every day to win that wins.
So your loses will be more the one day win. It's like gambling has not done your friend anything.
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Any casino that has the intention of scamming its customers won't even mind, even if you are being referred by their biggest influencer, whose link is what you follow to join the casino. Casinos that don't want to pay will always impose a fine to void and sophisticate your money. Unless a casino has a good name to protect, they will be mindful of the kind of risk they will involve themselves in, and beside that, not all of these big influencers will be ready to speed up for their followers and submit their report to the casino concerning their delayed withdrawal, as most of them care most about what they gain from the casino for promoting them and not the issue the users will face afterwards.
Exactly when a casino wants to scam their customer they would bring all sushi excuses. A legit casino would not do or asked all those these when you win big. And the only they might ask is the KYC to withdraw and once you complete the request document they release the funds to your address. As for me I don't even trust most of those affiliated sites because most of them are scammers using to hunt people to be victimized. Not all affiliated casinos are legit, some there to lure people to the main site to be scam. Be when using affiliated links.
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The way I am seeing this latest acceptance and approval of this Gold to be use in the global arena, Bitcoin will be the international cashless coin for all the Nations in the world. Bitcoin will advance to the stage where all the countries will use it and there will be no fear to use the coin again. For now all the countries are trying to create their National Digital currency to link to the Bitcoin so that the transaction will be very easy for all to use. And when tht stage has come to the ecosystem then things will be okay for all in the world. Price of things will come down.
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Seems like we are about entering into a new phase for Bitcoin when it gradually becomes more common in households and regular discussions.
Very soon Bitcoin will be the talk of the day in all corners and media and the adoption will be very high in the future. In this year countries will adopt Bitcoin in their countries to be use as a legal tender currency. Bitcoin will be the world currency for internet. And once Bitcoin is accepted in many countries, dollar will fall and the nations that have accepted Bitcoin, their economy will also improve and inflation will reduce in these countries. And once families adopt Bitcoin then everything will be good and okay. Because at that stage now the p2p is actually completed.
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I don't think the daily approach is good for a beginner because as a beginner he is still struggling to understand how the market is.so I will recommend weekly plan for the person. But if the person is an experience person, then he can do the daily plan but that should be base on the income flow of the person. But even at that I still prefer the weekly plan because there are other expenses to do in the family.
We should not do something would hook us up in throat. DCA is the best way to invest in Bitcoin but must be consistent and have a constant income to do that.
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Now that Bitcoin is still on the rate of $44k to $47, I will say it not yet risky to buy Bitcoin but you can buy it but with big amount and not small amount again. If you buy Bitcoin with small amount you might not make good profit again because the anticipating price of the year is $55k though some are predicting $100,000 and if you invest now and Bitcoin hit $100,000 then you will make profit. And my take on Bitcoin this year is that Bitcoin will make good results in this year and it has started by SEC approving Bitcoin ETF.
But if you interested in trading then there is no limit in that but the limitation might only found in investment because when the price goes to the ATH, those beginners who want to invest might pause and start when the price comes down again they can invest but it is a personal decision in which they can invest if they are preparing for a long term investment.
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I think to create a balance between them is not too hard and all what you have to do is to split the investment into two and use part of the money to start the business and keep the rest in the non custodial wallet. But you have to know the advantages and the disadvantages of accepting Bitcoin in the business. And yes if you accept Bitcoin in your business, it will make Bitcoin to be more popular in your location but before you accept Bitcoin in the business make sure that government doesn't restrict Bitcoin in your country.
Your business idea is a very nice one. You can carry out. But Read all the comments and filter the good ones from the other ones.
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Women are not good in gambling but they are very good in the managerial position of the casino or the gambling company. They are good in recording and booking games for gamblers. Though I ha e seen female gamblers but they are not active, and smart like men. And the number of worn who gamble which o have seen are few. And I have also seen female in the casino halls as cashiers or sport bookmakers.
Though women can gamble but they can't bench men in gambling. They are some men that even like to sleep I'm the gambling hall.
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I am not going to dwell on them like that or deeply but it will be a brief explanation to them with their different. Your question has a partial answer to the question because as the name implies, cryptocurrency trading is the same trading method with the traditional forex trading and the different is that cryptocurrency uses cryptocurrency as digital currency to trade they are not using national currency to trade while traditional forex trading uses dollar or the country's currency to trade. There advantages and disadvantages in the both trading. But that should be an another day explanation.
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Hey Buddy, as for investment I don't think you can hit 200k$ in a year unless the price othe bull market is very high for you to meet that long term goal. But that your 25$k invest can produce the 200$k in the next four years. Though the capital investment is huge but the determine profit is much more bigger so it will take a very huge bull run to produce that amount. Though nothing is impossible.
When you invested such amount in Bitcoin, guy you have to get spear money to drink because that should be a motivational mood to the investment.
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In the present government in my country, he has done the worst every all the presidents that have come to rule the country. The inflation is very high that people can't buy anything to eat and survive yet he is comfortable with the nature of the state. But all the hardship he embedded in the citizens he done something made the youth to line him which is the acceptance of Bitcoin to be used in the commercial banks with the individual and that is, the government has uplifted the restricted ban of cryptocurrency in the country. And now everyone can make Bitcoin transaction with fear.
The ban lift of cryptocurrencies becomes the only good thing which we can record since the start of his tenor, after all the heavy promises on controlling inflation and bringing stability to our economy. It is not something good to talk about, it just seems like they sleeping on making things better. People are still saying the. The present government will bring change to the country abut from my view point there is nothing this government will do. And the only thing I would like for this government to do for all the citizens to survive in the land of Nigeria is to reduce the cost of living to a very low rate so that even if we have some cash we can use it to buy something and eat. The upliftment of Bitcoin in the country is good but as the cost of living is still high even you sell Bitcoin it would not change anything and the only good thing is you will have money always and that is all.
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My roomie just got a nice paycheck doing webwork for a company that looks like crypto but I can't find anything about it, seems kinda private/exclusive. Not gonna drop the name for fear of shill-banning, but I really want to do some research on it, just not sure how or where to start, anybody got ideas? I'm more used to new companies drowning me in info than starving me
note not a new coin, seems they do multiple projects or something
Edit: I already emailed them for info and no reply, and my roomie knows or says nothing much so no help there
The easiest way to know the project is to know the name of the project so that you can search it in the internet and other cryptocurrency listed websites but if you are looking for the company or the project with the name then you are making a vain research. And at the end nothing would come out. I think there would be no harm in dropping the name so that people would find out if the project is legit or not. Nobody will ban you for dropping the name. You are not promoting a ban project or a scam project but you just want to know about the site.
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That should be a proactive measure to defend and protect your trading to get lose. And one of the things not do to avoid lose in trading is consciousness. If your are conscious in the trade them you will know when to stop when the trading goes wrong and when you making progress or profit. Some people would just place the trade and start monitoring it without knowing whAt to do if the the trade is good or bad.
And as you said, really ego make traders to lose so when you are trading don't bring it to it so that you will concentrate on the trade very well.
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Even the human rights act, stated it clear that there is freedom of association and belonging so if a Muslim likes to join christian religion there should be no criticism and abuse and insults but those are the things we see in the world today. And in the real world of human everyone has their own choice and make their personal decision. And that is why the Advance Countries operate in "Liberal Democracy" in which everyone does things they way they want and nobody question them though there are limitations of all the rights but if you are in the armpit of the law then you are free to operate your freedom.
You can belong to any civil society if it is law abiding.
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One's charity in the environment also a means of advertising Bitcoin and your appearance also advertising Bitcoin. Although it is good to tell people more about bitcoin because ordinary seen your cheerful nature with bitcoin success can't make them to understand Bitcoin even though they know that it through Bitcoin you are giving them this palliative. And if you only give them electricity without telling them to invest in it, then you have the ideology of the rulling class. The rulling class is not interested to educate you so that you will become rich and instead they would give the peanut to eat.
As for me oh, instead of giving them the electricity and which you might not done forever, you can organize a seminar and teach them to invest and you will free from some burdens from them. And that is one of the best approach to advertise Bitcoin.
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They are fighting against use dollar and this cause another cold war in the world. But we must say the truth, dollar is the cause of the inflation in the world. We are about to die finished because of the inflation in my location and when you ask them why, they would say it is because of the high dollar rate. And because of that they are are increasing their goods to meet up the high cost of things from the warehouse. And as it is I am not in support of dollar. Dollar being the giant currency in the world would have making things easy for the poor countries to use but they are trying to control the currencies of the poor countries.
But BRICS cannot take over dollar because even cryptocurrency I snot using it and cryptocurrency is an alternative digital currency to the dollar. But when BRICS has strong influence in their jurisdictions then dollar rate will reduce in those countries.
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Op non of those things you mentioned are the main factors to make someone poor. It is only poor people that buys things that are higher than their income. Before you buy the thing , you are already poor so there is no need to say you are poor because you buy those things. Op you analysis is contradicting the real causes of poverty. Having one source of income have nothing to do with being poor. There are some people that have only one business but they are billionaires. Then according to the Holy Bible, cheerful giver will never lack. When you give others will also give you. Giving is one of the ways to become rich but only be wise.
You go to the ones you can and leave the rest.
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