From your explanation, it is obvious you are talking to salary earners who receive money on monthly basis. So how about those not belong to salary class? Well, saving to me is all about determination and self discipline. I am not a salary earner, I don't receive money on a monthly basis but I have designed a formula on how to spend whatever money comes into my hands including savings. Unless in the case of emergency, I do save money from every penny that enter into my hands.
I would advise you to first of all stop relying on salary alone. Get another means of income aside your salary and start saving money at whatever time you wish.
Automated saving would indeed work for those who are monthly earners. But savings should be through initiative and discipline indeed, for it to have some sort of 'chain' to not be used to "wants" than with "needs". Initiative would somehow push that individual to avoid using his/her savings easily. But this simply depends on the person. The problem why savings does not work the way it should be, is because of drives and implusiveness. If an individual would be fully aware of the cashflow in his/her account, expenses would be anticipated and measured which would allow the individual to avoid being oushed to the edge of withdrawing some of the saved money. |
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What's the point of making the impression good to other people? To encourage them? We are not required to do so and also, that would be hard to achieve given that there are just really problems which do exist in this industry. It would be better to just let them have the initiative to engage in this technology for them to have sense of accountability if ever there will be something to happen with their money. Hello everyone!
Despite it being a progressive technology of the future, a lot of people still think that it's a joke. The people think bitcoin as a joke because they don't have any experience about it and they don't see the success of bitcoin with their own eyes. But Those individuals who involved in it and have some profit from it have strong believes on its successful future. The old people which have no knowledge about bitcoin investment think that only government jobs can give then money while all other online business are just fake and they have no reality but the people of present age prefer investment in bitcoin more than any other job because it has higher return so because of this return they forget about its failure. Those who don't know that much about this industry may really percieve this technology to either be a scam, joke, and such. It just contradicts to the potential people in this industry are seeing and making use. Difference with perspectives is just normal. Persuading them to engage in this industry will just be a waste of time; imagine them panick during market price downfalls. Who would be blamed? Ofcourse it is who invited them. Bitcoin has been existing for years; been into a lot of issues and accusations but it still do exist and that is for sure because of a good reason those who are not into this industry, should see for themselves. |
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I think with every halvening the effect on the price will be smaller and smaller, because the absolute decrease in rewards is also getting smaller. Soon 93% of all coins will be mined, so most of the scarcity is already priced in. The price is a result of supply and demand, and demand will play bigger and bigger role while supply is approaching the limit.
We already saw only 3.5 times increase between bull market peaks of the last two cycles - so maybe the next will bring only a x1.5-1.75 increase, so $100k peak of the next cycle.
Valid point actually, but bottomline is no one's certain of what could happen on the next Bitcoin halving. The impression only was made with what happened before but since things does not actually repeat in this market, we might really see changes;could be a bigger lift with the price, smaller, or none. The only thing that would prove is once 'it' already happen. Not all fork are creating a huge wave in terms of market price; example was with Ethereum. Would be good to invest early but be sure to manage the risks involved especially with the amount because anything could happen before, during, and after this anticipated halving. |
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I see how some newbies are complaining about not having enough money to invest in Bitcoin, some times not having money is a blessing in the crypto space, if I had money years ago when I knew about crypto I would have made all the possible mistakes in the book, and that would have cost me a lot.
I had no access to money when I knew about Bitcoin, I had the desire to acquire many Bitcoin but I have no way, instead of moving on with my life I kept myself busy, reading and reading about Bitcoin, installed my first Bitcoin wallet on a Pentium 4 PC, I knew about Proof of work, I tried mining for the first time using a dual-core PC ( second PC ), if I have enough money to invest I wouldn't have had time for all this learning.
I got so calm, because what is there to rush about? I have no money anyways, since that time learning became my first priority.
If you don't have the money yet, maybe because you are jobless or still in school, do not let that be the reason to be out of Bitcoin, there is more you can learn that will help you in your crypto journey.
Money is coming, but be prepared by learning about Bitcoin, you will be in safer hands with the knowledge you would have acquired.
Well, you do have a point; investing on knowledge first before actually buying or engaging into it. But there will be things in this industry which can only be learned through experience such as endurance to market price volatility. Textbook knowledge is good but things does not simply work as it was stated in the books; the market behaves in no particular manner in the first place, therefore, no certainty. Let us say you have the prior knowledge of something but not all the time, things would work smoothly on the actualization for sure there will be differences. What I am trying to point out? We have different ways to achieve one specific goal. |
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Guys, I wanted to get your opinion on Cardano. I've heard a lot of good things about this cryptocurrency, I'd like to hear your opinion as well. Thanks.
It’s a good coin, has potential to really do well in the next bull run. Current price is $0.38 so it’s very cheap, there isn’t much risk in throwing a bit of fiat at it, just incase it moons hard. You don't want to miss the opportunity as it’s so cheap. What’s the worst that can happen, you’re down on a few hundred $ investment. The upside is worth the risk in my opinion. Every coin has potential but our goal as an investor is to avoid wasting time and money to tokens which are not showing movement or growth; a matter of seeking for what's best. Cardano is a candidate for good tokens in this industry but given how stagnant it became, I would prefer engaging with XRP which is quite more on the hype. Diversifying would as well be advisable but if you are not into bigger risk, selecting a few would be good. Coins which does not have a large volume on the usual, would be more likely left behind during bullish trend so if you are seeking for a higher return once an uptrend occur, for sure there would be a better coin on your preference. |
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Let us be realistic to ourselves, is good to extreme to wait for government to make provision of every in a country, sometimes when we graduate from higher colleges we expected government to create employment opportunities but in some points government keep adamant of making employment be visible and available to the mass, on my instinct I said without government employment man can survive, I started a popcorn 🍿 business which I managed alone but right now have workers under me which I'm paying and now planning to establish another business.
In reality, if you don't have the capability to start your own business, a job under the government will be really helpful. The salary won't be as high as with private companies but atleast you'd be compensated by less workload(since number of employees are large), complete bonuses, and insurances. A corporate job could offer you more but expect a higher level of stress and workload. Ofcourse a business would be better but how would you do things if you don't have the capability to do so? On my point of view, you may use stepping stones; start with a low salary for experience then fter a year move to another and demand a higher compensation; a cycle. Then once you have the savings to be used on investment, that could make a change. It all takes time. |
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First of all, why would you be convincing people to invest in Bitcoin? Allow them to have the initiative to do so. We are all taking the risk in this industry given that there's no certainty of what will happen to this market for the next days, months, or years. Convincing ain't my thing; you'd be blame from doing so once they fell to something which would yield to a negative outcome.
Next is, a sceptical individual doubts everything unless proven. Validity and feasibility of something will be questioned and just imagine how much time you will need to make them buy something; they'd more likely have huge assumption if you ever managed to get through them. Keep in mind how hard it is to endure market price downfalls. If you know to yourself that the individual you are trying to convince won't be patient and won't be capable of financial endurance, then consider not pushing them in this industry just to safezone them from regrets.
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What happens to the value of bitcoin if the dollar goes to 0? Will bitcoin also loose value because the dollar is worthless? yes, there would probably be other things to mind like world war, full panic, no internett and so on. But set these things aside. How much would a sack of potatoes cost, and with what could I buy these potatous witth(gold/bitcoin/chickens/etc.)?
Any ideas? and any ideas on how bitcoin could be independant of the dollar, or other fiat?
I see a lot of good ideas here.
The reason for this thread is to explore if there are some other ways to value bitcoin. Like many of you said, it would probably just hop over to the next largest currency. But do we want the bitcoin to allways be dependant on another currency and its inflatory politics? Many of you also said that the dollar will never go to 0 and there is no reason to worry about this. But every currency in the world is loosing value everyday. Therefore bitcoin is also loosing its value. it may be a stupid question, but would it not be better to have another way to value bitcoin so you could allways buy 1 sack of potatoes for 1 satoshi for exampel?
Depends if people and governments would choose to move in digital currencies such as Bitcoin as an alternative but at this moment, such thing would seem to still be impossible. The decline with the value of fiat currencies are due to economic situation at this point in relation with inflation across different countries. Also, there are many crypros to choose from which has a more stable value, then how can we assure that they'd choose bitcoin over the others then? Its impact with this industry is for sure a spike on its value but won't be continuous. Also, for sure government of U.S. won't allow its currency, one with the biggest ones, to be worthless so they'd probably do something about it. Bitcoin is not ready yet to be a mode of payment to normal citizens, and this is because of instability with its value wwherein a problem may arise afterwards. |
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Technically yes especially if you are aware of the risk and you still pushed yourself to engage into something. This is not limited to Bitcoin only but to all things; awareness and courage makes you a risk taker. I think you are still considered a risk taker if you buy bitcoin but considerably less so than even a few years ago. The market has matured a lot since even 2017/18. There are lots of battle hardened HODLERS who don’t sell when dumb FUD breaks, even if it is government or regulatory in nature.
Bitcoin is still a risk on asset but as time goes on it may be that you are more of a risk taker to not hold a % of bitcoin in your diversified portfolio.
You would always be a risk taker in this industry, why? 'coz there's no certainty with the price movement. Indeed growth on its value is obvious but given that no one knows until when will its market price continue to increase, or the idea itself to where would its value be on the next months or years, simply shows the risk present in this industry. Choosing to continue investing means courage. Possible question right here is; when should you be courageous? Answer is once you are ready for the consequences. Perhaps in this industry, there will always be that risk of losing but why do we still continue? coz it is a promising investment and a useful mode of payment. |
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My parent's aren't interested in crypto, but I don't blame them. They aren't interested in computers either.
Maybe if they were to grow up in different times they would be but they never needed technology in their lives and when computers became a thing in the 90s they were already in their 50s.
Gerenation Gap is the bottomline. Most of the olfer individuals at the present are not used with technology and unusual investment. If you are on a third world country, recognized investments by them are in fields of industrial, agricultural, and properties. Also considering the risk, this industry would seem to be a gamble on their end due to market price volatility and its overall usage. Also, there's no age limiting an individual to invest, there are even young ones who are also not interested. This simply means that it is by choice whether to engage or not in this industry. Lastly, it would be better to engage prepared than to just make an entry out of the blue just to follow what's new. |
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Most persons purchase most items using Bitcoin transactions I am of the opinion of hodling instead of spending pls is that a positive mindset?
Most people? No. Majority of the people here in this industry are investors. Bitcoin as a currency is still worrisome; the market price changes from time to time and also, still not acceptable to majority of countries. At the present, people could make use of it more of an investment than a mode of payment. Its volatility happened to be beneficial to investors wherein it generates profit in every pump and dump in its value. And if I guess, Bitcoin and other cryptocurrencies are only used on this industry by means of project engagements and the likes. But on daily transactions, I doubt. There would only be a possibility for Bitcoin to be used as a mode of payment on big transactions, to avoid taxes. |
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What should matter if you are thinking of entering crypto investment is your overall state; no matter how low the market price be, if you are not ready to endure market price changes and losses, you won't be ready at any price point. Make an entry once you are okay with the market behavior and once you know to yourself that you can ignore and avoid selling if things do not go according to your expectations, in an instant.So basically, there is really no 'best entry point' in this industry. The price of bitcoin has risen significantly since its inception ten years ago. That should be enough to persuade one that bitcoin is the way to go in the future. From your chart, it reached an all-time high of $68,991 in November 2021. With the current price compared to the ATH, it's still a good time to buy now and hold because the expectation of a new ATH coming up after the bitcoin halving in less than 2 years is still very much believed to happen, and this always follow up in a price increase higher than the previous ATH price.
Won't be enough; there's no assurance that its market price will just continue to increase given how unpredictable the market is and since issues regarding adoption is still present. This is where problem arise often; persuading people to invest because of the long term expectation and not considering the short term price movement. Its market price is simply below 50% of its ATH, and this should also be an enough caution that things are just uncertain in this industry. |
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Hi friends, I have some questions for you guys about online casinos
What will you do if you don't know that a online casino will ask you for KYC after winning over 8,000$ on the platform? And you now manage to process with the verification and they failed to pass you? Can you consider such a casino a scam?
Also, imagine you get attracted to an online casino because of the bonuses they offer and you open an account and make your first deposit then you didn't receive the promised bonus, is this an act of scam or not?
I am trying to solve such an issue for someone very close to me and that the complaint he gave, I have no answer than maybe the bonus was canceled already before he made the deposit or there was a minimum deposit requirement.
Any other reasons?
Check for the terms which you have agreed when you engage into their platform. It should be on the TOS; if KYC is rewuired on their platform to do function, then you have no other choice but to comply. But if changes on their policies were implemented in the middle of that casino's service to their players, and without any formal indtroduction and explanationof the changes, then I guess you can already acuse them as fraud especially if they refuse to release your funds because of the changes made. Problem is, tagging them red would do what? If a platform is unregistered, then youd worry nothing if anything happen with your fund because you guys may sue them. But if not, then it will just be a "lesson learned" @the end of the day. |
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Nghitumbwabis the underdog in this match up. If it is just stats and experience, Riel Casimero has the advantage for sure. But what seems to be interesting is their fighting strategies wherein both are not knockout machines and both prefer taking time to secure the win. I wouldn't personally bet on this one 'coz I am not really familiar with Casimero's opponent aside from his win-loss record. But this is just to give my insight with this match up. Both are orthodox boxers which is what we often see. Most likely, the outcome would be through unanimous decision given that none of them are really agressive inside the ring, unless changes would be made. Would still be a mtch up which is interesting.
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I think that gamblers have long been in need of such a tool,to visualize data they read on the Internet which in turn would help them make better decisions.I think that this software should be great and should be put free to try for about a month like most of the Sharewares are in order for everyone to try and if it really makes an impact then I think the creator of such tool should be getting some benefits,maybe a premium subscription for more options or something along these lines.Anyway I will give it a try first as Statistical Analysis if done right can help a lot in making a decision at which event is better for us sport bettors to bet for example.
These applications or softwares won't be that much of a help; these are mere analysis of gambling habits, meaning,no certainty still. I do view this alike with AI projects wherein a player could gain info which could be of help regarding questions but won't determine a winning bet. In gambling, one's fate or luck will always be the bottomline even with sportsbetting wherein analysis could work but won't still promote certainty with the outcome and it is just how things work in this industry. This tool will just give a thorough data of the won bets, random patterns, and such. Relying on these tools wouldn't be advisable, but one thing is for sure; manage the risks even with the help of such softwares or apps. |
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I would not say that Josh Taylor will definitely be the top contender for me in this match because Teofimo Lopez seems to have the upper hand in physical health. The extent of Josh Taylor's plantar fascia injury to the arch of his foot is being kept "undisclosed". The severity of the tear makes me doubt he will be able to keep on his feet as in the past. Especially because they refuse to talk about how bad the injury really was. Pain management alone will not be sufficient to keep up with Lopez's footwork. So far I see a red flag in betting on Taylor, which I would do if he was in top-fit-condition...
For sure the management wouldn't allow their boxer to suffer from disadvantage and to just lose like that, especially with an undefeated record. They'd more likely make sure things are okay because this would be a big fight and is not something between two no-namer fighters. Lopez on the other hand even threw a claim that he would be knocking down Taylor, which clearly shows that he's confident with this fight. But in this fight I think Lopez has a bigger heart to come up a winner because he's the underdog, to climb the ranks and to open up a bigger opportunity if ever he would win this thing. Taylor is more likely not letting his rank slide especially because of a disadvantage, that easy. Would be interesting given how fast their careers have grown for a short period of time, in comparison with other fighters, simply showing how talented these boxers are. But still, I'd go with Lopez whom I think has a bigger drive. |
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Meme coins, also known as "joke" coins or "dirt coins", have gained popularity in the cryptocurrency market due to the ease of creating new coins and social media hype. Elon Musk's endorsement of Dogecoin has contributed to the rise of the meme coin, but its long-term prospects may be uncertain due to its volatility and lack of substantive use cases. My opinion is that investing in meme coins is permissible and not prohibited but one has to be careful and evaluate their potential carefully before investing don't let the Rug pull anyway.
Dogecoin is just an instance but a proof of how memecoins are empowered in this industry. Dependent with hype which triggers a demand, and eventually resulting to a price increase. Problem with memecoin is price sustainability, IMO. Hype won't last forever. These tokens are highly affected by market behavior as well. As long as a token has no utility, it would only be interest which could create a demand for something. And that interest could be boosted by influencers and organizations. Question is when? When will these coins be able to recover. They indeed reached and broke ceilings before but after that, there's none. The only thing left to investors are hope for another occurence. |
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You have to understand that Bitcoin without the ability to progress in adoption will only be love and as they say, love alone is not enough, people do not understand the empowerment that bitcoin offers, it is an intangible fact that is only understood when you can express emotions like the ones you are shown in OP.
So it doesn't matter if you hate it, but use it surely you end up falling in love.
<3 BTC
Let us all be real; it is not Bitcoin solely which is getting the interest of investors but the profit potential it has for being a volatile asset. It has higher market price volatility wherein investors are taking good advantage of, which is just a good thing to do. Also, it does matter whether you love it or not; if you are just forced to engage into it, for sure you'd end up frustrated and stressed on every market price correction. It is important for someone to be really interested with what he/she is doing. For years, its market value is on upward direction even if inconsistent. Emotions on the other hand should not be related with investments because it would affect your decision making, having a bigger tendency for a negative outcome. |
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This should be the bare minimum for the youngsters out there; be futuristic and to prioritize securing your "life". Investments are necessary but that depends on your capabilities ofcourse. You are not required to push through that much or to be early with such field but atleast have some plans and idealization in order to prepare oneself once capability is available.
To ensure a bright future, especially for our old ages, we must plan effectively.There are a lot of people who live conformable lives between the ages of 18years to 50years while they are still able to work and earn money, but they later begin living uncomfortable lives because they are unable to maintain their standard of living at their older age. like, they find it difficult to maintain their health standards and can't afford money to be taking proper hygiene which makes it difficult to maintain their standard of living. All of these problems are, in most cases, the result of their failure to plan for the future.Whoever doesn't plan, plans to fail, as the adage states rather clearly.
It is because of that word already, comfortability. Mistof the younger generations are easily being comfy with what they have and not being realistic that someday they'd be old and no longer would be an employee to suffice their needs. So atleast they should plan for what would bring food in the table once that time comes. Support from your child would be fine but IMO, I would least consider that chance 'coz they will have their own lives, so I need to secure mine personally. |
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Both are in their prime, both are knockout artist, in short both have clean records performance and yeah. This will be one of the waited and rarest fight in boxing. So this will be so huge.
But this should have be done last year if i remember correctly, but anyway here we are already.
Match ups are just being hyped which causes changes and postponement of ideal fights. But fortunately, we will now be having this one as it is being official. Spence and Crawford could the the battle of the year. Both are both knockout artists as their wins are mostly thru it. But In terms of experience, no doubt crawford will be advantageous over Errol. But what's the edge of Spence is being a prodigy; at a young age being with multiple titles already and if it is just potential, for sure he is one who has it. My take on this one would be Spence; I have watched his matches and he's definitely on another level with other fighters, same as the way most of boxing fanatics see garcia. Would be really interesting. |
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