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1821  Economy / Speculation / Re: Can anyone Predict What's going on crypto market? on: June 10, 2023, 10:51:04 PM
We all know that it is impossible to predict the future of the crypto market. However, according to the current world economy, the market is still in a good position. Still, who knows if there is even any news or when this market will turn around again. According to the economy going down a bit too slowly can new investments be made at the moment.

As bitcoin lover, you must have been used to news that always have effect on the market and makes it turn down. This is something that is not avoidable and it happens from time to time. But that can’t still change the stance of bitcoin or making new investors not interested in it. New investors will come in, some only wait for the market to go down a bit so that they can enter the market to buy more. Research is paramount in bitcoin and if one does that, you won’t have any problem investing in bitcoin.

News has an effect to investors like when news about Bitcoin is negative most investors will shy away from investing into Bitcoin thus resulting in lesser adoption activity.  The news affect the sentiment of the market and at the same time the motivation of investors.  Just like in the recent event.  News about the cases filed by SEC to Binance US and Coinbase has negative effect on Bitcoin, we have seen that due to lesser investors coming into the Bitcoin market, there is less demand created thus we see Bitcoin price goes down.  But the moment the news is overturn with positive news, we will see Bitcoin price uptrending because new investors are flocking into the Bitcoin market.
Back in the past on which we know that fundamentals or news wont really be giving out much effect on crypto space but it turns out on these years on which it do really have that kind of significant

effect on which it did really make the market go in deep reds as of this moment specially with that BInance/SEC issues that we do have recently. Most coins in the market are on huge negatives which
lots had been really be worrying on their portfolio on which they do really believe that it is really that something that would make worst as the days passing by but we know that this isnt something
that we could be able to stay up for long on which it would really be normal that it would really be having its cycle on which means that increasing price would really be the next move.

Once you do step your foot into this market then really get used to it when it comes to market volatility on which this is something that very casual to happen. If you dont make yourself
that familiar then for sure you would definitely be having that huge problem on accepting about volatility and unpredictability.
1822  Alternate cryptocurrencies / Altcoin Discussion / Re: How to Know the Next PEPE on: June 10, 2023, 09:58:28 PM
In 2021 i wrote an article on medium and created a YT tutorial on how to spot a memecoin project that will become something.
From that teaching, here are the two key factors to look out for.

1. Community:

 It is community that gives speculative value to memecoin. So, the bigger and the cult-like a community is the better. It shows alot of the community will buy and create hype for the project.

2. Strategic Partnerships:

How is associated with the memecoin? If it's a notable influencer like Elon Musk, it'll moon.

Therefore in researching the next memecoin project to degen in, these factors should be your priority.

What other factors do you think influence memecoin projects?
Due to that kind of searching on which it ended up to be the main reason on why people would really be continuing on touching up degen and this is why lots had been scammed and
lots of rug pulled projects are really that happening due to this. Knowing on the next PEPE? There's no way on knowing that, come to think on how PEPE started?
Everything looks plain and it was been ignored and since it is really that playing on erc20 on which the gas fee is way too high then lots had ignoring it out but
there are a few who do throw out some few bucks with that but eventually it did explode.

No one really knows on what would happen on the future of a certain project, whether it would really be a meme coin or other layer type of coins or projects in the market.
As long it would really be having that demand and some mix of hype then it would really be able to reach up some particular heights on which we didnt really
expect for it to reach on. Everything comes with a surprise and ending up on regretting if you do missed it out.  Cheesy
1823  Economy / Lending / Re: Lending Service Started! (USDT/BUSD/BTC/LTC/ETH/DOGE/ETC)! on: June 10, 2023, 06:18:26 AM
Loan Amount: 540 USDT  (TRC20)
Loan Purpose: Personal
Loan Repay Amount:  595 USDT
Loan Repay Date: July 13
Type of Collateral: None
USDT addresss:  TTJ4PnKuABQjTymdBEzhCkriNywjoz3zwK
1824  Economy / Gambling discussion / Re: how to get over it on: June 09, 2023, 11:24:19 PM
When you were able to make $1000 to $100k, surely it is possible for you to make $100k to $1000k. You need to follow the same process as that you did to make $1000 to $100k. The mistake from your side is going all in one. At some point you're looking for a much faster way to reach your dream target. This is where the loss is happening and you gonna start from the scratch once again. You're really a great one, because not everyone is able to make it happen out of sports betting.
He would be able to definitely be reaching out his target goal if he had really just that kind of discipline and wont really be that desperate on getting all in. He should had make use of that
$1k to $100k kind of method on which if he would be that having the good control of his bankroll then he would definitely be able to reach out $1M in no time.It is really just it is really that amazing
to see these numbers if they are actually that real when it comes to those results or outcomes. Its true that not all would really be that capable on doing such thing on making their thousand bucks into hundred thousands. This isnt something that you could be able to achieve on.

It would really be just a matter of discipline and reconstructing on how he do spend up his bets and not really having that go all in kind of behavior.
Getting over with it? Its a matter of self control and no one on this forum would be able to give out the best advice but you are the only ones who would find it for yourself.
1825  Economy / Trading Discussion / Re: Earning online more preferable than offline? on: June 09, 2023, 10:24:45 PM
When it comes to earning money, online gigs have some sweet advantages over traditional day jobs. But hey, let's not underestimate the hustle of offline work—it's tough but appreciated. Now, trading, my friend, that's a whole different ball game. It puts you to the test, big time. Your greed, emotions, patience, discipline—it's all on the line. How you handle failure, your self-control, common sense, and determination, it's all in the mix.
That's right, online jobs and gigs have been there for the longest time and many have been enjoying working through this. But there is no debate that working also with these hustles that need to be offline and onsite, they're also great. In terms of putting food in our tables, there's no debate on which is better but as long as we do our responsibilities and we make clean money, that's it.

This depends always on capabilities of each person since not everyone is skilled to get a work from home job. This is really ideal if we talk about comfort since we can enjoy our lives without getting stress on site ambiance. Also maybe there's no comparisson posted by OP but rather he might telling the convenience working at home compare if you work with what you said or inside a cubicle on office.

In salary terms we cannot deny the fact that working online gives higher compensation compare to offline works.
You would really be needing an specific skill of you to have that kind of advantage on earning online because if you do tend to dive in on online world but having no skills then it would really be still that

darn useless.This is why it would really be just that right that you should really be that prepared if ever you would really be making up some transition from offline to online things but you can really still able to engage up into something online without the need on quitting up your day job. As some sort of being a side income then you could always able to choose on which one would fit out into your capability and its true that not all people would be having the same knowledge into various things.This is why it would really differ out.

Earning online though could really be more than on what you do earn with your dayjob and this what makes people would be eager on getting one and would decide on getting full time.
1826  Economy / Economics / Re: To Hodl or Lend: What is your take? on: June 09, 2023, 09:34:49 PM
I hold my coins and avoid any exchanges or lending platforms. I used to feel like it's important to keep generating bitcoin by constantly putting it at risk: trading it, gambling, lending, investing in shitcoins, now I know better.

Having a lot of wealth stored in bitcoin also helps to make a decision because the more you have the less you feel like risking it. Spend time reading posts by newbies here and you'll see that they all want to make money fast and are willing to risk it all. Long time users, people who were here for 10 years will almost never do that. All of them will tell you to stay calm and hold bitcoin, maybe with some occasional trades if you feel like it.
I would definitely do the same on which it would be that non stressing if you do find your coins are really that in good storage and its not something being moved or been traded or been used actively.

Who doesnt really like to earn more? Of course we are really that doing our best to accumulate coins as much as we could but as we do all know that we would be needing to put up so much risks
for us to be able to do so which it is really just that normal. If you cant bare up with the risks then you could always have the option not to take some action and would rather be saving up your
coins and letting it sit on your own non-custodial wallet.

This is really that according into your preference since not all would really be having that kind of risk taking emotion or action to be made but rather they do go stick with much safer side
but its not totally 100% safe since we know that Bitcoin or crypto investment is never been safe in the first place but somewhat does really have that high potential specially if holded up for long term.
1827  Bitcoin / Bitcoin Discussion / Re: Don't Force Your Children to Learn Bitcoin on: June 09, 2023, 08:20:14 PM
I think that play is a very big lesson to everyone in the contemporary world. So if your children are not interested to learn bitcoin please don't force them. Everyone has their own destiny.

True. Forcing people to like something backfires a lot in my experience. For example, should the daughter of a great singer also needs to be a singer? Maybe she wants to be an engineer... Maybe she will just hate singing... That shit always happens.  Just because we are so much into crypto don't mean our kids will like crypto too. Everybody in this life creates his/her own luck. No matter how much you tell people that they should invest in this, you should invest in that, they will never listen to you. They will do whatever they have in their minds.
That is how it is in life. Destiny differs. So telling someone why he or she doesn't like to do is always a problem and end up with bad results. Children are very good in learning through listening at the tender age but even at that they have things to do in their mind. If you want to know ask them and they will tell you what they want to be in future probably they have seen such profession in someone close to them in the family. And if you allow them to do what is in their mind they do well in future.
As long that they wont really get pressured on which this is the primary issue on why there are children who do end up on switching courses and careers or interest just because of their parents choice
but ending up on not being happy or contented because this isnt something that they do really wanted in the first place.This is why its never been that suggestable on forcing up your child on what
are the things that they would want to do because its true that they do have different skill sets and interest in life but explaining out those basic things then it wont be bad.

Simple explanations would might do but not something that you would be forcing them to deal with.We know that one they do have feel out on being forced then for sure they would just keeping on
getting far away from it and this is something that we dont really like to happen. This is why you should really be that mindful in regarding your plans on explaining it to them at younger age.
Yes, they could easily absorbed up things but always basing up into the minds if they do able to understand.
1828  Economy / Gambling discussion / Re: European Sex Championship 😳, Will you Bet? on: June 08, 2023, 11:10:48 PM

Well, if anyone's in doubt, the word from the horse's mouth itself says it's not true ( Swedish Sports Fed as quoted by DW). Funny in a world of information, misinformation is still the winner in most cases, as many posters here prove.

Was just having some conversation recently about what qualifies as "sport" and while the physical exertion aspect appears to be lacking in many "sports" there is this criteria(on) that sex will have difficulty setting and that's rules.

Oh its fake. Someone part of me wishes this Sport to be true though.
Anything is possible these days just so people have something to do. One example of such crazy stuff that people are up to is the transgenders.

Why was this published in the first place or are they trying to check the crowd's opinion about sex as sport?

Oh, thank God it's a fake.
No, part of me wants it to be true, it ain't a sport in the first place. Although you are right, anything is possible these days but I am still hoping that the government agencies will first look at the activities that will claim they are a sport especially those who focus on this area.
It may be fake but because of that false information, but after that news made the trend it gives some ideas to other people to maybe try it.
I bet in the next few years there will be groups that will pass an application to make that happen, make sex a sport. This is a crazy world today and pre-marital sex had become the norm. Thoughts like, "If you are a virgin, then you are a freak."

I don't think it was published to test the opinion of the many, it may have been done to mislead or just to gain an audience on whoever made it in the first place. The "championship" thing may have given other people a bad idea because they mostly use that word in sports.
We live on a world on which everything could really be done as long it would be supported and have that financial support or whatsoever connected to it on which it would really be that possibly to happen. Lots of people who are really that against with this idea but there are ones who do really love to see this as this one would really act out as pornography rather than on being a sport.
In any angle, i dont really see on how it would be applied and on what are the criterias on considering to call as a winner. Its not really that something which is applicable and just like the rest
im wondering on whose the one would be watching this sport? What would be the athletes qualification? What would be the game mechanics or what.
In overall or just to state the fact that it would really be just really too good to get involved with if this one did push through.
1829  Economy / Speculation / Re: SEC Lawsuit Against Binance Is Likely To Hit Bitcoin Price on: June 08, 2023, 09:57:14 PM
I just read that the SEC is now looking to freeze Binance’s assets. That’s going to hurt them no doubt. It seems as though there won’t be much of a trial to determine Binance’s fate. With the SEC looking to punish the company, things like freezing assets and restricting access to banks could be enough to hurt the exchange or at the very least cause a run that will give it a proper stress test.

If the government successful launched their attack on the exchange it may not really affect the market price because most of the bitcoiners are using a decentralized non custodial wallet as for the those that really knows what they are doing, i want to believe that the higher number of altcoins users are more on exchanges than the bitcoin users which means those that will suffer this huge lost are the bounty hunters having their asset on centralized exchange like Binance, but Binance could also evade this through it influence and and political relationship he had with some of the government officials and comply to some of their terms to reach a concession.
LOL!

What bounty hunters you do say? Its totally irrelevant on what you had said because if we do speak about those people who do bounties and the money they do earn then its not something that big
or would really be that significant on creating such liquidity. We know on Binance to be the most popular and famous crypto platform on which it would be normal that there are lots of whales are really
that trading up their coins which it isnt really just limited to Bitcoin but also in other altcoins as well. Trying to look those numbers in terms of 24 hr trading period volume then you could say that
they are indeed the top exchange as of this moment.

On the time that there would really be some issues been raised or on which Binance is involved with then for sure it would really be making out that such effect. Although it cant really last
up for a lifetime but only would really be temporal. If the updates of such issues would becomes even more worst then we do know on what comes next
into it.
1830  Economy / Trading Discussion / Re: Risk management on: June 08, 2023, 08:56:50 PM
You're just giving a common advice, everyone already know it.

You should explain about the spot trading, future trading, and margin trading, then compare to each other and how to mitigate risk of each of them.

Don't forget about how much the stop loss someone need to place, does it's -5% of the price you bought? -10%, -20% etc.

People who're not a trader already learn about only use what you can afford to lose.
Losing is normal thing in the market,  no onne will criticize you for losing, because even the pro traders records loss on their accounts.  Diversify into trading categories, spot trades which is more simpler than future trade, but future consider the oil well of generating profits in crypto. I will also push into talking about ways to avoid losses, which leads us directly to risk management, it teaches us everything concerning the basic necessities we need to implement inother to reduces our losses. It have kept me going for years in the space, and I don't regret any bit of understanding my risk management, adapting to it and practicing it.
There's no such thing about being a perfect trader on which it would really be just that normal that you would really be having those losses but what matter most on here is that you should really know

on how to handle up those losses and would be minding about applying plan B's, which is something that you would really be needing to apply for you to have that possible recovery in case you have
lost up a certain trade. Risks management and other actions made would really be entirely be depending on someone because not all would really be that good when it comes to this kind of handling
on which if you arent really that good then you would really be that susceptible into blown out trading account.

You would really be needing that risks management because if you dont then you would definitely really be having that problem when it comes to profitability on which you cant be able
to control out your losses and might be ending up on having that gambler like mind and actions been made on.
1831  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What altcoins would you invest $ 1,000,000 in? on: June 07, 2023, 10:59:10 PM
Some time ago maybe I had other thoughts about my investment in altcoins. But for now with that kind of money I will probably invest more in Ethereum , Matic and XRP and also BNB. even though Binance is currently being hit by fud because their Exchange which is in the US seems to be temporarily frozen due to a lawsuit from the Sec and also the owner of Binance namely CZ is also being sued so of course this will have an impact on a decrease in BNB. it's just that I have a feeling CZ will win no matter what. and when that happens BNB will skyrocket and the community will trust it even more.

Those are the only 4 altcoins I can think of at the moment for the most part and for the rest I'll probably place them in some of the AI ​​category altcoins which should become more popular in the coming year.
Always stick into those layer ones rather than on those meme and shit coins in the market.

300,000 on Bitcoin
200,000 on ETH
200,000 on SOL
200,000 in ADA
100,000 in MATIC

Im focusing more on layer one projects on which i do really able to see their relevance when it comes to application and benefits which is something that would really be helpful and relevant
on upcoming years to come. There are some gem projects too sitting below #100 ranks too but if i do make out some prioritization or allocation then these coins
would be my best choice when it comes to this matter.
1832  Economy / Gambling discussion / Re: 2023 NBA Season on: June 07, 2023, 09:58:57 PM
Looking at the poll right now, we can see that the users here are somewhat divided and as of now, both teams are tied by receiving 9 votes each while some are still weighing on which team should they vote and does have a good advantage over the other.

Surely enough, the Finals this year has been pretty much unpredictable and interesting even though we can really say that the Nuggets got a little bit of an advantage because of Jokic and their height difference as a roster as well that literally gave the Heat a struggle in the first game as we can see. But it seems that the Heat already got a plan or two about that as I don't think they will just let the Nuggets and dominate the series.
Totally unpredictable on which most of people had been rooting neither Lakers or GSW would really be the champion for this year but it turns out to be different. Lots of teams did really make that
show off their plays which is something that being outmatched with those powerhouse teams and now we are seeing them on the finals specially for Denver. About on having a sweep then it did really become true that Heat wouldn't really be allowing for it to be 4-0 and now they had been able to tie it up and it seems that they had find a way on how to take Jokic which is to box and guard him
as we can see that despite of being guarded that monster Jokic do able to take under the basket scoring plus those 3s but wasnt still enough.

That game 2 is really that lose on which if that last shot made by Murray do able to let in that 3pt shot then it would be that go into OT but well it did missed.
What an interesting game and lots for sure would be preferring that this finals series would last up to game 7.
1833  Economy / Economics / Re: Should you save, when you are wealthy? on: June 06, 2023, 11:33:28 PM
All of us want to be free from financial problems, and nowadays there are many ways to do so that we can enjoy life without any burden for finances that we face today, before knowing bitcoin saving is indeed one way to prepare us so that later in the future we can be free from financial problems, but now I am more sure to invest in bitcoin because bitcoin can indeed give us a surprise in the future Ahead, so now never hesitate to continue to collect Bitcoin, so that later we can enjoy life without thinking about the problem of our hudup costs that are always not met properly, rich people must have investments so that the assets owned continue to grow until old age later.
I am also like that, I chose bitcoin as a saving or investment option for a very long time. But I don't just put it in one pocket, but I also have savings besides bitcoin. For example, when I want to save 30% of my income, 20% I set aside to buy bitcoins and another 10% I keep as reserve money. Because for me, when I put all my money in bitcoin it will also be a risk, because I don't know what will happen if at any time I need money. It is an advantage if when you need bitcoin money the market is in a bull market, but when it is a bear market, there will be a dilemma too, whether to sell or not. That's why I divided the place for my savings, so that I can avoid that risk.
Only wealthy people Can save or invest depending upon their priorities in life ,poor or middle class ant do these things they hardly cover their expenses with their income.
Saving is good but investing is better to increase your wealth.

Even the poor can save, no matter how small it is, or like cents, it is still savings because you are putting it aside for the future. But talking about who is going to accumulate big savings, that is very different. Yes, the poor or middle class have a hard time saving because of our expenses, but even with a small amount, even those who are jobless can still save,  as long as the amount does not matter. But the problem is that if your goal for that saving is huge, like, let's say, buying stuff to start a business, it will take time or be difficult to reach because you are just saving a few cents, unlike if you really have a high income or spare money, then you can accumulate it in a short period of time.
When you do save because you do have that goal or target then you should really be having that realistic approach on which it would really be just that normal on which you cant build a business or having investment with having that $1 savings per day on which it would really be just that common sense that on whats the limitation that you would really be having. Should you save for investment and emergency purposes on which it would really be just that normal that you would really be doing such stuff.

Being wealthy doesnt mean that you wouldnt be saving up because we know that we cant really be having that funds forever or something that called unlimited funds.There would really be a time
on which we would really be having those lack of funds because of certain circumstances on which it would really be just that right where saved funds would do its job or its purpose.
This is why whether we are poor or rich then savings or money that would or should be kept is really that important for some future purposes or usage.
1834  Economy / Speculation / Re: Can we experience $80k this year? on: June 06, 2023, 09:59:17 PM
Since the year started with a good results by moving from $20k to $24k this year, show that the price of BTC and crypto will move higher to satisfy investors soon. Now that the month is moving faster and investors need to think faster so that they will not miss their reward at the end of the year. The price of BTC just drop down to $22k few days ago, which is another opportunity for those that missed last year not to invest in a stable coins to do it now because, the price of BTC will surely reach $80k before the end of this year 2023.
Are you sure investors will experience $80 this year?
There is no guarantee that Bitcoin will be 80k in this year or not. But the market behavior reveals that it will continue to increase in the future. At the beginning of this year, each bitcoin was worth a little over $16,000. Since then, the price has risen to around $30,000. But the current situation is not bad. There is no doubt that Bitcoin will rise to another level in the next few days if the trust in BTC continues to increase while trust in banks continues to decline. When BTC crosses its previous all-time high in every bull market, BTC will definitely be stronger in the next bull market.
$30k can still be achieved again even though Bitcoin is now under $30k again, there are still many holding Bitcoin,
if you look at the statistics of Bitcoin holders increasing every day, this means that Bitcoin can still be trusted, especially next year the bitcoin halving will run,
but for $80k pricing might be tough this year.
$30k now is a tough resistance to break on which it is really just like when we are still on 20k which the price had been several been tested out to break but it had been rejected for how many times.
Speaking about $80k then this is something that would be unlikely to happen for this year. Breaking ATH's would happen when bull run time but for now? For this year which the price is still moving sideways and still cant decide whether it would be going up or down or sideways still for this year 2023.

This is why its really that better that you shouldnt really be that expecting much when it comes to price for this year or whatsoever because if you do really make out that kind of assumption or views
and if the price didnt hit up according into your expectation then you would really be definitely be that frustrated or being annoyed on which it would really be alter out your focus
on your investment decisions. So better go with the flow on this case because this is how this market works or behaves.
1835  Bitcoin / Bitcoin Discussion / Re: Also Girls Should Be learned About Bitcoin on: June 06, 2023, 08:20:48 PM
My younger sister told me that how you bear your pocket money because dad doesn't give you much money without education fees. I told my sister that I have a little investment in Bitcoin and I am a short term trader (though the fund is little). She told that she learned about Bitcoin at her ICT related books. But she has not much knowledge about it. Then I tried to teach him the basics of Bitcoin. At last I succeed though there are enough information to learn by my sister. She told me that she is interested to be a Bitcoin user. And already she started to keep some money from daily pocket money and after that she will invest in Bitcoin. I told that not only you but also other girls should learn about Bitcoin and Blockchain technology. She told me that she will share her experience about Bitcoin with her college friends. I am now much happy by sharing with my younger sister about Bitcoin and will be more happy if she share information and teach other friends.
Good initiative and its really that good to share up the opportunity that it gives on which Bitcoin does have.It would really be giving out that kind of chances of a certain person regardless of its gender.
Doesnt matter if you are a boy or girl on which learning is really that free for everyone. It is really that good to see that other people is really that benefiting out on one of the things on which Bitcoin
investment could give or trading it out. Some people are really just that too greedy though on which they dont really share up the opportunity that it gives just because they dont really like
for others to earn up and could level out with them.

I've known one on which i could really say up with this thing because there are people who are really that selfish and dont really mind others struggles on which they wont really be
caring at all and this is why they would really be keeping for themselves on whatever opportunities that they do able to know and wont be tending up on sharing into other
people which it is really just that do sucks.
1836  Economy / Gambling discussion / Re: European Sex Championship 😳, Will you Bet? on: June 04, 2023, 06:23:17 PM
Oh god, how ridiculous, how in the world this become so possible on their sports board. How on earth they will manage and identify that the game will no be rigged because high likely its possible and easy.

The rules are also not clear. How do you actually decide on who wins the competition?
"The winners will be determined through three juries and audience ratings" so someone watches you have sex and decide if they like it or not?
There's no real rules they have to obey, so betting on something that you don't even know how to score is pointless and a waste of money unless you like utter randomness.
The contestants will compete in 16 disciplines which include include seduction, oral sex, penetration, appearance, body massages, exploring erotic zones, position changes, creativity in the positions, number of orgasms and endurance ..
OP link source

Wondering on how they would be able to rate it? Penetration? How to determine? Body massage? Positions? All of these things could really be done on freestyle.
Questioning if i would bet up such so-called sport? No its not. Its totally pornography and its not a sport on which they've been claiming on.
Just like the rest been saying about having this broadcasted legally or it would really be just isolated? considering that this isnt really something
that could be aired or broadcasted. lol
1837  Economy / Trading Discussion / Re: Failed DCA Strategy When Buying Bitcoin on: June 04, 2023, 05:44:05 PM
The mistake is that he did not knew that 2022 will never be a good year for bitcoin and all other cryptocurrencies, but if you go back to history, we know that history will juxtapose into the future which was what happened again in 2022 just like 2018 when the price of all coins crashed.

He continued DCA at the wrong time and sold at the wrong time when he supposed to buy more or wait. Supposing he is able to wait again till 2024/2025 he would have gained massively.

In anything we are investing on, we should learn more about it before investing at all.
The fact is there is not a foolproof strategy to make money on the markets, even something as simple as buying and holding our bitcoin can produce losses if people cannot perform the strategy for long enough, DCA is a good strategy but it requires a huge commitment to keep investing no matter what the price is at the moment, while at the same time you can hold your assets for long enough so they can reevaluate themselves, and this is something the majority of the investors out there cannot do.
Those with paper hands cannot hold on to their assets if they see the market crashing even if it's just a minor crash, they simply start panicking right at the moment they see the value of their bought Bitcoin falling and they start selling right at that moment thinking that they will lose everything they have which doesn't actually happen because the price eventually goes up again.

And doing DCA doesn't mean that someone needs to buy even when the price is going up if they have already bought at a lower price, they should simply keep holding what they've bought instead of buying at a higher price.
Usually noobs does have this kind of behavior on which on the time that they would be seeing some small % negative into their ports whether they do have bought bitcoin or other altcoins which
they would really cut loss and on the time that it would be making out some slight increase then there's that feeling of FOMO which it is really that something no sense to be done.
You would really be able to find for yourself and realize that this is something that needs to be controlled or else you would really be losing money or would really be missing out opportunity
for you to make profits or chances to make some gains too.

Failed DCA strategy with Bitcoin? I dont think so and that person who had been mentioned on OP on accumulating coins but ended up on negative? Its just fine as long
you dont sell it since its paperloss and its not realized until you would be closing up your position. Time will come that those DCA or accumulation you had done
would really be making out some fruit or result someday.
1838  Bitcoin / Bitcoin Discussion / Re: Dad's retirement money is invested in Bitcoin! on: June 02, 2023, 09:59:10 PM
It's sad for young people who always want to invest in bitcoin but always want to use their parents' or other people's money to invest without trying for themselves. You don't have to teach your dad what to do with his money, he's the one who gave birth to you, and can raise you, so he knows what he needs to do. Investing in bitcoin is an extremely risky investment, and do you think older people can withstand that pressure?
They want to take risk but not with their own money and belongings, and worst is they will risk those funds who were owned by seniors who are not even capable to manage their emotions especially when it comes to losing their hard-earned retirement funds. Though we all know bitcoin investment has its own way to make us future millionaires, but know that it’s not gonna happen instantly. You need to lose first some significant amount before you can reap what you have been working hard for.
We know that these seniors are really that somewhat impulsive when it comes to this money making opportunity considering that they dont have any work for them to have income on which they would really be mostly be thinking up on possible ways to continue or trying to make use of their money to earn more despite on getting retired on which its likely they would really be diving in if there are some recommendations about investment.Sad thing is that even with those scammy ones they are really that still diving in due to lack of knowledge.In the case that we are seeing on OP about telling it into his father about investing into Bitcoin, we cant say its really that good or something recommendable but we can really tell that it is really one of the best choice to make if we do talk about long term
but its better that he would letting his father would really be making the decision whether they would be putting some in bitcoin but most likely his father would really be buying up something
that he do really wants to buy for a long time and that would neither be a house or a car or something like this.
1839  Economy / Economics / Re: Bank loans and securities. on: June 02, 2023, 08:59:02 PM
Banks can not loan you above their security measures. I went to bank to access a loan of $2,300 and they ask me what's my securities collateral to back up my loan reguest. And I said my school certs. The bank agent said such amount required housing, land or multi investment documents not just certification. So that's mean education do not have the real value but properties does.

Financial institutions are very conical in dealings with others. They can beg to bring money for them to use it and build estates, mortgage and occupy landed properties but they will screw you before given you a loan.
Well bank offer personal loan and credit cards that is the most common unsecured loan for a common man to reach out.

Banks only lend money to someone who has the capability to pay back or assets to confiscate for the default of the loan amount and yes these certificates are nothing but garbage it doesn't worth penny but you spend thousands of dollars and years of schooling to get that. The system made all of us to live stupid and die stupid too. Roll Eyes
I've noticed that personal loans of a few thousand dollars are quite common now and are probably the only ones that require minimal or even no requirements if you have a healthy account with them. The same thing goes with credit cards. Personally, I was issued one without providing any documentation, and my application was instantly accepted.

Larger loans are usually hard to come by, especially without collateral, and have massive interest rates, making them unsustainable in the long run. In my opinion, if you're up to making a few large purchases, sign up for a credit card and take advantage of interest-free installments.
If you do really know on how to make use of your credit card efficiently then i could really say that this is something more better option rather than on touching up yourself on having those inhouse finances or those 3rd party lendors or something like that which they do really have huge interest compared to banks. It turns out that Bank rates are shit but those smaller ones or those lending businesses out there is even more worst on which interest could really be on how many folds compared to banks. This is why if you do really make out that comparison then for sure you would be able to realize that bank is still a better option when it comes to loans but of course getting approved is really that pain in the ass since requirements or things been needed wouldnt really be simply to comply.
Its true that we do have some lending up todays on which it do really ask out for some basic information and not much needed documents on which you could really be able to borrow out money but of course the interest rates are really that on the rooftop.This is why if you dont have any choice then you would really be opting for this one.

1840  Economy / Gambling discussion / Re: Would you use a VPN on a casino, even if it is not allowed in their ToS? on: June 01, 2023, 10:22:53 PM
I know this is a bit controversial, but some casinos are looking the other way... when people are using VPNs. I know it might be legal in some instances, but you are still taking a risk by using it.

Online gambling is legal in my country, but sometimes I have to travel to a country where it is illegal. I then use a VPN to be able to access the site. This is one of the reasons why some casinos allow people to use VPNs..... but you are still taking a huge risk.

Now, the question is.... Will you still use a VPN, if it is not allowed by the ToS on the site. What will you do if they "block" your account and take your balance?

When you are prohibited from doing something by the government, I think it should remain like that. Doing the opposite will only land you in trouble because if you are found guilty of such crime, you will be fine or jailed if the need be. You will not only lose your reputation, you might also lose all the money you have made from the gambling all been forfeit for the government pocket.

You should never use a VPN to access gambling platform, you made it clear that the ToS made it clear that it was bad thing to do, doing so will have you lose your account at long last and you will also lose the money in it; two things are involve with this, you will either lose to your government or the gambling platform.
A common sense to be done on which going opposite on whats been mandated or had been ruled out is never been that ideal for you to go along with it. We cant really able to afford out on putting
ourselves in harm specially if we are really that going against the government or on whatever platform that we are dealing with. Once a violation it would really be a violation and we do have terms
which needs to be followed and really trying out to avoid on committing errors and mistakes.

If VPN isnt allowed then its better not to risks on playing because we know on what are the possible consequences. We could really still having some other options on which we would be able
to play gambling without having to make use of VPN and its really that something you should do rather than on the opposite but if you are a type which is really that hard headed
then you could always be having the option on what you should really do.
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