Since online gambling is already taking over the gambling market and gradually illuminating and outshining the old traditional method of gambling which is going to gambling outlets and shops, young people are more exposed to the modern way of gambling, which is online, so I can say that young people gamblers more now because they can now access casinos and gambling sites online, rather than going out of their houses to a gambling outlet before they can gamble. And since the older ones are no mostly exposed to these gadgets that allows them to access gambling online, they're still left with the old traditional way of gambling.
Exactly. Added to that, in the streaming community, there are a lot of streamers who think what they are streaming is gambling. I think this is a new movement or way of promoting gambling or online gaming, and because gambling sites are complying with the laws, they are permitted to let streamers promote their websites. Thats what is happening right now, and thats why many youngster are being more exposed and can easily access and try online gambling. Although there are still traditional or physical casinos, we cannot ignore the fact that online gambling is becoming more powerful as it is easier to promote, easy to access, and with more convenience. Thats why I can say that in this generation, we can expect that more and more people at an early age are exposed to and known to gambling, and this should not be ignored because it can affect something if this topic is not taken action on. The Government, Parents and social regulatory organisations and We can take action to cope the high rate of promotion from influencers and exposure on social media platforms with different fantasy promises. The younger generation is breeding irresponsible gamblers and those who forget the right means to get decent income but all lack the zeal for hardwork. This can lead to decline with government check mating these rampaging campaigns of online gambling sites. |
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To me it is quite remarkable how the odds for the Trump candidacy and winning over the presidency have changed in less than a year. There could be people who is already in profit just because of that behavior of the odds, though with this margin of odds it is very unlikely people will cash out before the night of the election comes upon us. We are talking about relatively small differences, after all. This conversation actually reminds me some video I saw on polling and political predictions some time ago. It seems some people do not realize yet that, when comes to polls it is about who people want to win the presidency, while betting markets show the reality on who people *believe* who is going to win. (Regardless of their political preferences and hopes). Either which measurement is more of value for us to try to guess on the winner is up to each one of us, I personally think betting markets can be a little more accurate than plain polls. Yeah. Betting market shows the anticipated winner, votes can be bought or change of mind but in betting people arrive sure an ready to put there money because they know that candidate will win. Just like am anticipating Trump to win, because he only can revive fallen America and bring back it high societal standards. Unless they gonna do Electoral Malpractice or use any flaws against him, if not Trump is surely gonna win. |
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I disagree with you on this, it is your size of Bitcoin and how long you hold that determines the level of your profits, there is no way you can have a smaller quantity of Bitcoin and hold for long and expect a huge profit, you can only expect a huge profit if the size of your Bitcoin is huge after a long time of holding.
What you say is not wrong, but to better understand this when you want to give advice to other people, it would be a good idea for you to also make an analogy with the amount of capital so that it will be easier to understand because when someone's amount of capital is large enough, Of course he can also buy Bitcoin in larger quantities so it would be quite logical to expect greater profits when he holds Bitcoin for a long period. But the essence of what you are saying is also quite clear, even though people who owned 1 Bitcoin at the beginning of last year (2023) will also feel rich when they see the price of Bitcoin in April 2024. This gears down to individual perspective and how far he wants to invest. Just like someone who start out with little or no bar of gold but with consistency, pursuit with a good plan achieves his aim of having 20 gold bars. Likewise in Bitcoin, we know that the greater amount of investment the larger the profits as you can't compare one with little investment capital to the later. An investor with a startup of $20k DCAing weekly will be fast in accumulating than another with $500. So one with little can still build, depending on his hunger and quest. |
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I was merely mentioning it as a guide for newbies who want to start HODLing. DCA at the current price = Good. But "IF" Bitcoin crashes down to that line or go below it TODAY = throw DCA out of the window and get as much cash as you can and buy Bitcoin.
Basically the DCA is more advisable for anyone that on a salary payroll or your income comes in a specified interval but for anyone that have a lot of money that they have accumulated for long the DCA will not be necessary for them at an intensed DIP but the lump sum is what is needed at that particular time but in subsequent purchase of Bitcoin they can choose to apply the DCA so if the price dips further than this then it will be a very good advantage to buy huge and you can even decide to forget about the DCA yet and use any income you have to settle some real life projects and needs so that on know account will you touch your holdings then watch your investment in Bitcoin grow as time goes. I have learned enough from my debates with JayJuanGee that buy the DIP, or DCA, is a matter of personal preference and to do what YOU are comfortable with. But the point of that post is, keep doing DCA if you want. BUT if there's a crash and an opportunity comes to buy the DIP near or below Bitcoin's 200-Weekly-SMA, then BUY THE DIP WITH EVERYTHING YOU COULD AFFORD. You speak from a Trading Technical approach, using an indicator to approach a volatile market like Bitcoin. Guess, you know indicators for lag and shouldn't be the only confluence for action as well as newbies Coming to this thread to learn might get confused and then to leave the path of DCAing, having an emergency funds, and long term view of the market as approaching bitcoin from your view as a Tradable coin is wrong rather than a Valuable Asset. Using the word Everything is misleading, the market is unpredictable so I don't encourage rather everyone stick to there plan and approach with caution to avoid regret. |
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At the end of the year we may not be satisfied with our holdings as the DCA strategy implies consistent short buying. In this case, you can buy a bit more than the series when you realize that its price has entered a bear cycle if you have a floating cash supply. Recommend you to do more research on these marketing strategies. Again after some time when the market rises in the bull cycle, continue with regular DCA and you can get the benefit of over-accumulation in earlier DIP and the average price will fall.
If the goal is still the same as the target of buying on Dip and holding for the long term, I don't think anyone needs to spend any more time doing research related to marketing. Because the only weakness when we see the Dip price is when we don't have much money to buy, even though our desire to buy is very big when we see the price has started to Dip. And now the price of Bitcoin has recovered and is heading towards $65K so that people who did not hesitate to buy Bitcoin when it was below $60K have once again experienced victory due to the surge in Bitcoin prices which started to occur again at the beginning of this month. This can be a valuable example for everyone that price corrections only occur briefly, but the next price increase in Bitcoin is always more likely to occur in the near future. And that's isn't the way Mate, you talk from the perspective of short term gain, that shouldn't be the motive of any investor, we must understand bitcoin price volatility, within last month and this month we have seen how price Dip and pump, that explains better that buying or accumulating you should have a set plans with a long term view from 4-10 years which isn't guaranteed wether or not you're in profit but sure you would have determined how your portfolio is by then. Bitcoin have proven itself, no need to fret as for now we still act withing the resistance level of the ATH formed. |
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I don’t think the price will go above the current ATH price. Currently if we see the market then we are facing a correction in the price I must say. Hence the next ATH price we might see after 4 years like the pattern it has followed previously. At last if you are waiting to sell the coins, then I would advise don’t. If you can survive without selling the coins then kindly don’t. In the next ATH bull run you might make 3-4 times the profit that is being offered now.
Well said. No need of selling except those who bought at the previous cycle atleast there coin is in profits now. But those who bought this cycle, just need to be patient and hold, till the next cycle and more. Price might create a new ATH but I don't see that coming, as I might anticipate few months from now, but now should be a time for accumulating as much as possible. |
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No, I don't see Bitcoin dip to $40K - $30K range before any price rally, currently price might pump a little before dropping to $50k. Then I can anticipate a pump though we can't really predict for now, we just accumulate more and allow the market do it thing. But price will not dip to that range OP.
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We should pay more attention to bitcoin transaction fees than bitcoin halving at present. Basically Bitcoin halving is a four-year cycle held by Bitcoin price peak. But we have seen the highest transaction fees for Bitcoin transactions targeting this hard, have you ever experienced this transaction. Those who are unable to transact for this transaction fee are the ones who mainly feel it.
Its mainly a gradual process to understand the system and not some random rush pattern. We get upset whenever our goals are not hitting the top standards of the system, just calm and achieving our worth. Bitcoin halving was merely overhyped and watching how everything play was out of line. We know bitcoin halving to be one of the crucial incident but we should also that its basically our phase to comprehend the system and understand how everything will pan out. What happened after the halving shouldn't be a surprise, let not be in a hurry to forget that Bitcoin made it's Ath even before the halving and that has made me to have certain believe about everything that is happening right after the halving event. It is best we remain focused while without panic in order not to make a sudden decision and questions that might not be necessary. Well said. It's not surprising that Bitcoin drop, or the high fee rate within the few days after halving. That's the process, and I see no need to allow fear, or panic at a time like this. We just need to accumulate more, diverse plan on how to go about our portfolio. Bitcoin have proven itself to be a valuable asset, let allow the market do it own price movement doesn't just move, till we train ourselves to understand this, we keep panicking unnecessarily which might lead to silly decisions because of ignorance and quest for profits. |
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Over the years In my gambling experience, if there is something I have learnt is that, being a greedy gambler can be one of the worst experience a gambler can have, especially in scenarios like this where you have the opportunity to cash out 12x your stake, why would you be so greedy to still exercise patient when you already have lots of profit in your possession, and all you need to do is to hit the cash out Botton. I have had series of opportunity to cash out but greed made me loss some of my bet, and ever since I have made up my mind to use the option when I have more than x5 of my stake and use small portion of the profit to stake the remaining games.
Nice, at times patience cost our winnings same time build you as a gambler. For someone who can't stand such the best way is to diverse a method as you have done by cashing out ×5, so anyone can choose the best suitable one and follow duely. As this will help shade you from unnecessary losses. For me once am up by 80%, I cash out I already have my stake amount and profit no need for too much drama. |
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The bull run is set to come starting this year but it may peak on next year. And that's why those that haven't bought yet, still have got a lot of time to accumulate.
Yeah, we can keep accumulating, but your pointing your idea to be limiting within this bull run to utilize any profits made. Newbies Coming into the market shouldn't accumulate in order to sell, but hold. Not being clueless about the benefits of holding, like for me am still in my early phase of accumulation,am not selling but am accumulating more applying DCA approach following through with ideas shared in this thread. The time of the pump isn't predictable as price can still dip more or do whatever, the consideration is us relating to how far we have gone in our Bitcoin phase. You can buy as much BTC as you want without waiting for the bull run and it will inevitably happen what you are looking for. Your success in extending the long waiting period above deposit method - long term investment. Along with the recommendation to increase the size of your pile, it is maintained and uninterrupted. If you are accumulating BTC by following DCA method it is recommended to increase as it is now sitting 20% below the last ATH though it may drop further so you should be aggressive in accumulating. Here if time gap and accumulation strategy can cross the stable level then it is better to be focused enough to continuously raise the level of DCA strategy. when I make my research on Bitcoin I find out that people that invested in Bitcoin the time the price was low did not invest in Bitcoin having the man say to that the price will enter to bullish market the invested on it because they have a target and after the price of Bitcoin started increasing in market so they made them different profit for the investment so that is how I supposed to be when you are investing in Bitcoin do not feel bad or they not feel bias make sure that you invest on it with your target and you will make it If that target is short term then you are not investing but rather gambling, it's a gamble to come into bitcoin with the notion that the price is low now and I'll cash out when the price comes up, how are you sure that they would be any increase, that price you bought could well dip even further, the truth is bitcoin remains unpredictable and its best approached that way, since we know this we approach with a better way that has been tested by history which is the long term approach that is more guaranteed to give returns without risk of volatility, bitcoin is still an early asset and we can also view it as an asset that is still growing, so it's better to approach it with a mindset that I need to accumulate a good amount of bitcoin and let some time pass over it and if it does well or they is price increase after that time then you can now think of selling. Think of those that started bitcoin 5 years ago and have been DCAING since then, right now their portfolio would be green with lots of profits from the past, although they isn't any guarantee that past performance would repeat, it still has a better odd of happening than not to. who is investing in Bitcoin should know that the increase in Bitcoin is when the investors make their own profit and if you don't take time very well you might invest in wrong time so investing in Bitcoin have two type long time investment and the short time investment so this kind of investment is what is involved it is neither you choose one to invest and relax if you choose a long-term investment you will relax if you choose a shorten investment you will continue to be bothered and also monitor your investment When is the wrong time Mate? The long term investment approach is what we are discussing in this thread. That saves you from unnecessary worries , as you continue DCAing, sticking to your investment plans on how you go about accumulating more bitcoin. You don't just relax after purchasing, you keep building more though not overriding it but ensuring you are making head way in it. And your main focus should be Bitcoin not shitcoins overtime you enjoy your dividend as it a valuable asset not a Tradable coin. As JJG would always say; Accumulate the fuck out of Bitcoin. |
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Basically the winnings are your own money the casino gave back to you, so if you want to spend your money responsibly the best was is to reduce the amount of money you are using to gamble in long term. In case you won anything big it’s probably better to invest it and grow that money instead of purchasing things you don’t need or just to put for show off. I use to believe that buying things once I win a session is a way to reduce my gambling activity, however I always end up using more of my job salary which means it was useless, that’s how I have decided to recalculate everything and become a moderate gambler and better managing my money.
What I also understand from the op in terms of gambling responsible, gambling responsible don’t only mean the amount you use in betting weekly or monthly like creating a budget, gambling responsible can also be classified as thinking matured after winning, what to do next?, what to buy next? or spending everything staking a bet again cause few gamblers act like this after winning a bet they decide to bet more losing everything . Gambling win is fun and don’t come so easily cause you never worked for it so when people intend to win they spend carelessly and this is so bad as hell. Yeah,using it for any project rather than gambling with all again or seek instant gratification thus forgetting some pressing issues that your winnings would have solve. This is also what makes a responsible gambler, some gamblers this after they win. They begin to party, go to clubs and spend unwisely. Later coming as prodigal son, hoping to use the next wisely which doesn't come so easily as this cycle continue over and over again. |
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Alot of activities are ban in some places and for that gambling can be subject to some form of regulation and ban in some places which makes it hard for that that endurg in it to his to do so, also there is high public criticism about gambling and some gambler's are term irresponsible so for that many Gambler's will not want to have a public display of the pleasure for gambling.
Yeah, True. There is this social signature on gamblers that's one of the reason some hide to gamble. They don’t want to be seen as irresponsible. Many aslo do so to avoid family or friend know as some are ashame of the gambling habit in itself. We need to look out for one another because many are gambling without any knowledge or limits,and it started from hiding and now they can't seek help because of the feat of rejection. |
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You should know that most times these fraudsters have the ability to manipulate your ! mentality and scam you. So when someone falls victim of fraud, it's not only because they were irresponsible or not security conscious but also because they were tricked. The truth is that anyone can fall victims of scam. Even those we might think are experts may also be vulnerable to scam. There might be little doors that may grant access to these hackers, scammer to get your funds. As an investor, you should be able to secure your funds at all cost and this can only be achieved by constantly being updated with security tips. Avoid anything that looks too good to be true. Don't link your funded account to unknown sites.
the funny thing about scammers is that scammers cannot scam you when you are not desperate of having something so if you are desperate to achieve something else is a condition a scammer can easily scam you so that is why when I look at some people who is the victim of a scammers I do not blame them that much because I know quite well that may be they are willing to get what they want so whoever that being scam by any scammer it is the fault of the person, so I know very well that everyone have it own lapses when you come to investment You are wrong Mate. You can't justify a scammer because of the desperacy of someone, yeah most people are unwise and then to be less cautious but you the scammer that have intentions of scamming creating a promising effect to catch bait is the real deal. I don't see how you leave perpetrators of evil, then blame ignorance of anyone. Minus them would suggest happen, NO. Let call evil, evil and leave logic behind. |
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Nigeria Government lack methods to cope the economy crash, if not why the ban on new customers does the ban affect other accounts they have created if any... what's this competition themselves are competing against fintech. There is no policy they haven't made for fintech, mehn it's exhausting. Is bad for people to trade FX or get involved into trading, and financial market. It laughable.
Just this morning OHX ban Naira p2p, this is what our government wants. They are making things worst everyday, Ministers without common judgment of financial issues.
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Google this: "Snitches get stitches"** If I may ask: how many posts have you reported? You seem to think reporting posts is a bad thing, I think it's a good thing. It's like calling waste collection when there's a pile of trash in your area. You don't need to certify him on the ground of reporting as many post as possible. Reporting post isn't bad either, it ensures the safety of everyone from scammers, spam messages and also post that isn't suppose to be under certain thread. No need to justify your point. But we need to have substantial evidence to back-up any report in order to avoid tarnishing identity of any member then up end retrieving such report. |
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How realistic is it that public figures would be facing charges in the future? As a developer, should you remain anonymous? At the end of the day satoshi knew he was going against the status quo and managed to stay safe, however, what about all these doxed developers? I can see how they'll look on github and try to hunt contributors. We are facing a scary future. It's better to say steps ahead and plan accordingly. Someone with resources probably could move jurisdictions before it's too late but what about the rest. And even if you could move you could see yourself in an Assange situation trapped in some embassy. I would like to know if developers here think about this at all and what is your escape route if shit hits the fan.
You are literally a wizard, time traveler or both  Should public developers be anonymous? Now I think this is not going to help at all, since the intelligence agencies (the real predators) already have a dossier of them. Look at how they completely doxxed the Samourai developers during the takedown. Best thing to do is to have the ability to organize a good legal defense. Open source needs more lawyers. The open source probably can't go anonymous again due to exposure,same time not just a good legal defence system or lawyers but accountable,courageous and trustworthy ones. Because it you fighting a more powerful system which can use all power just to subdue you. I agree for Developers to be anonymous, but that isn't a healthy way either especially in terms of social relationships. Though we know that most developers always decide to remain anonymous except those who run social softwares. |
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A kingmaker, makes the king, but doesn’t achieve anything on their own. This is the ideology everyone following and hence acting like the ace the trading industry. These types of people are not traders, rather their earnings niche is trading. They saw potential and opportunity here in this field and hence they grabbed it. Now whether you or me thinking them as scammers, doesn’t at all trouble them. They will continue doing this and will keep on printing the money.
Hahah nice one bro it was a pleasure in reading your defended statement. It's whether that you don't know the truth behind this dark side of crypto or either you are attached by yourself into this whole drama. No one I repeat no one should be allowed to sell courses and earn from it because it has a lot of side effects than the positive ones. What are the effects? What is the dark side of crypto? Stating a fact without backings is arguably wrong Mate. Selling of course is same thing like selling book with different authors and variety of ideas. I always emphasise on the need of us know, cautious and also aware of those "gurus"who pose as one but not really, but generalisation is wrong. There are potential buyers who want to learn so they will buy, and is also a source of income they exchange money for value. We all sell ideas, if not why are you writing on the forum? You should be charged for selling ideas. |
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This is very true. Emotions can very easily creep into our decisions in betting. I'm currently in a English Premier League pool and I'm an Arsenal fan. I do not think I've ever bet against Arsenal since the beginning of the season, but I have repeatedly predicted City or Liverpool to lose or draw even when all the odds suggested the will not.
Best option will be to not get on your favorite team or their rivals.
Emotions are everywhere but I think they are more triggered when something which is adrenaline rush is involved like for example in betting. Odds in gambling can sometimes be deceiving, so it's fine to not follow them sometimes and go instead on what our heart says. I didn't say mind because it's more science-based and the result of our research will likely be matched by the odds that are shown on our screens. Can't understand the last thing that you said there. So, if we won't bet on them, then to whom we will place our bet? I think it's telling that we won't play gambling at all. Gambling is still about taking risks. This is the only way for us to earn a profit if we are lucky or knowledgeable. Betting on your favorite team when they are underperformed will only make you loss money, in terms of betting you wanna win so still betting on your favorite even in terms of them losing doesn't make any sense, you loss or win the players get paid while you become disturbed. In essence let be free and open minded while betting or gambling. Emotions control our actions sync with our minds. The heart has no role to play when it comes to our actions or thoughts, it an illusion. If we wanna have control of our emotions so it doesn't lead us then train and build your minds. Emotional people don't build anything always work in stance of decision. |
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The bull run is set to come starting this year but it may peak on next year. And that's why those that haven't bought yet, still have got a lot of time to accumulate.
Yeah, we can keep accumulating, but your pointing your idea to be limiting within this bull run to utilize any profits made. Newbies Coming into the market shouldn't accumulate in order to sell, but hold. Not being clueless about the benefits of holding, like for me am still in my early phase of accumulation,am not selling but am accumulating more applying DCA approach following through with ideas shared in this thread. The time of the pump isn't predictable as price can still dip more or do whatever, the consideration is us relating to how far we have gone in our Bitcoin phase. |
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It all depends on the type of gambling we are playing, whether it is blackjack, rummy or domino gaple and for example you are playing with your friend who when playing is your opponent. So, even if they are your friends, they will never be happy about the victory you got.
It's different when you play slots, when you play with your friends, and among them you are the only one who wins, then other people will feel happy about the win you get. Feel happy because there is someone they can borrow or ask for money from, so they can continue betting and go back to looking for lucky scatterers. And this is the reason why, personally, I very rarely play gambling together with my friends, but that doesn't mean I don't want to share the winnings and fun, it's just that when they win, they hide somewhere.
Wether being your opponent or not, we can't really be sure about there feelings, towards your winnings. We just have to look out for wolves in sheep clothing who claim to be our friend not just during gambling. If we don't trust the people surrounding us, we learn to keep our successes to ourselves. Making them unaware of our winnings, and sort out means to cut off from such people once you notice any bit of hatred, jealousy or envy. |
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