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1841  Bitcoin / Bitcoin Discussion / Re: To any Bitcoin holder who lost their seed: How did you lose it? on: January 26, 2024, 07:58:36 AM
What mistakes did you make, and what advice do you have for others to be careful?

What are the best and worst ways of storing a seed in your opinion?
I am not just that careless person unless I do not have an interest in a thing. But I must say that I'd lost access to my wallets, not even once, but the good thing is that I do not have money in any of them, which could also be responsible for the careless handling. The first one I lost access to was the one I forgot my password and also lost the seedphrase. That was around 2014, I never took it seriously. But recently, I made a terrible mistake, still, I do not have money in my wallet, if not, it would have been disastrous. I got to know of an issue when I wanted to move money to the wallet.

As a smart person, I first uninstalled the app and reinstalled it to be sure of the seed phrases, it was then I discovered that I copied the wrong seed phrases. I later went back to the registration page of the app to find what was wrong, and that was how I discovered that the pattern was not as usual as I thought. The style was confusing, so I copied the right words but in the wrong arrangement. Thank God I've never sent money into it.

As for the best ways to keep the seed phrase, I don't think there is a better way than to write it down manually and also duplicate it. But ensure that you keep them in separate places. I also like to code one word out of the words there to make it more secure in case an uninvited eye sees it. However, I think the worst way to keep it is to save it on your gadgets.
1842  Other / Meta / Re: Use of AI on Bitcoin talk on: January 26, 2024, 07:36:01 AM
I don't know about your opinion on this matter, but to me using Artificial intelligence to improve interaction on this forum sounds rather going backwards to what is supposed to be the natural path towards learning a second language.
I believe you do not get the gist at all, you mean the improvement of one's English is a backwardness?

C'mon! Let me assume that you do not know what the AI we are actually talking about are used for. Depending on the AIs in question, they are not manipulators or encouragers of lazy writing, but instead, they are teachers, tutors, correctors and mentors. They show you your wrong English, punctuation and others, and will also suggest the proper way they should be done for you. However, you construct your words and their meaning yourself, and not them.

This can't ever be a setback for the forum but can instead improve the league of good writers and reduce the garbage we read daily on the forum. If you must know, and maybe you will do research on this as well, to know that you got it all wrong because Schools, Businesses, Media houses, Freelancers, Editing firms, Scriptwriters, Publishers, the Government and many more are using it. It is good to the extent that I've read from sources that Western schools encourage it for their students to improve their English speaking and writing.

Using them correctly, especially Grammarly, I can assure you that you will pass your professional English exams with good grades. Not to mention that its tutoring is faster than theoretical learning. Is that what you call a setback?
1843  Economy / Trading Discussion / Re: Do not use more than 2x leverage on: January 26, 2024, 06:51:04 AM
I am referring to Vitalik Buterin, one of the ethereum founders post on Twitter that states that people should not use more than 2x leverage.
It is one of the things he listed as a financial advice. As a trader, what do you think about it? We set some money aside for trading and as for me I still use up to 2.5x leverage for bitcoin to open a long position.
I think Vitalik Buterin should keep his advice to himself, people have the right to their money and they can use it as they like depending on their risk affinity. Even as he prefers that people do not use more than 2x, many people will prefer to stick to 1x, while some will use way more than 2x depending on the money they have in their accounts. He can't tell me to have $50 in my account and still stick to his uninformed advice of using the leverage of 2x. How much will I be making with that amount if the market is not so encouraging in movements? If I do not want to invest, I will know I am idle of it instead of wasting my time and energy over it.

This is not to mention those who have a lower amount of dollars in their crypto accounts. This is why I think his advice is just nonsense and rich-incline as trading advice should not be general. Investment advice should be based on factors, and in this case, if he is wise, he would have added an account size to it to be more constructive to justify his advice. You can think of it, if you have $5 in your crypto account, can you still follow his advice? We plan trading and investment based on our expertise and the amount we have, for me, it can't be general.
1844  Economy / Speculation / Re: Best time to buy BTC NOW? on: January 26, 2024, 06:36:36 AM
As you might know, the price of bitcoin reached its lower point since last month.

Should those who want to buy more do it now or do you believe we'll see the bitcoin price get down a little more?

Some here were talking about rumours of BTC being purchased from Saudi Arabia, but well, that's just a rumour.
But people tend to panic and sell, so this might be the best moment to buy as much btc as possible. What do you think?
This is not just the right time to buy Bitcoin if I were you, there is FUD in the market, so you might want to be patient before making such a decision. Perhaps, of course, you want to DCA, that is a good approach for those who want to start committing their money to the market immediately, so it is regardless of whether the market is buying or selling or at a high or low level, the DCA style of investment will always prevail. So long as the asset is such that has a good prospect in the future, one will still be in profit, it is only a matter of time. But I would like to caution you that you should stop listening to what people say most times, even news reading and interpretation, they often mislead traders/investors, and if you must know anything at all, you have to know how to read your Bitcoin chart accurately, it will go along way to help you.

The market will always attract buyers and sellers whether it is from Saudi Arabia or America, it doesn't matter. What matters is the reaction on the market itself which will be revealed on the trading chart itself. That is where you can make the best decisions afterwards and not through what you can't ascertain or that will not even make the market move significantly. Finally, I advise you to resume the buy when the bullish pattern is reactivated in the market, it will go a long way to help you.
1845  Economy / Speculation / Re: Self control cannot be neglected as an early investor on: January 26, 2024, 06:03:03 AM
of course, investment requires a lot of self-control.
A gambler must also have self-control both when winning and losing so that profits can run continuously well. otherwise a gambler can lose all his assets. Likewise, with investment or trading self-control is certainly an important factor for success.
Loose guard in any risky investment and gambling and find yourself to blame. Since they are risky, then they are such that need our knowledge, they need our skills and expertise and also our balanced psychology. One should be smart, especially in investment, and recently, I discovered that one shouldn't just make a decision in trading and investment, but first conclude on the idea, digest it, and deliberate on it before making that decision. This is to avoid making the wrong call. Even when the decision is actively known, one should further query the decision to ensure whether or not it will be good and not deceptive. Unfortunately, people do otherwise in most cases, they are too hasty to make trading decisions and will not even be applying the right management to reduce the bad effects of their excesses.

Yet, you can help yourself in this regard if you can be experienced and disciplined with it as you can't just be doing a thing wrongly and expect the best from it even if you are the most disciplined about it. However, discipline will help anyone to have the strong mindset to say no to wrong approaches/decisions, especially if they do not align with your trading system and plans. But it is so good in thought than in practice, which is why everyone must ensure that they are determined to control themselves. By this, you do not get carried away by what you see whether it is profit since you can gain more or less, a self-control will help you make an informed decision. And since you can either be back in profit if your decision is good or liquidate the position if you fail the Yes when you query yourself about the decision you made, one needs to control their thought towards trading. Meaning you might have done something wrong if you fail the Yes and the best thing is to liquidate at that very time you fail the self-query test. That is one of the good ways to exercise self-control, even in positions.
1846  Economy / Speculation / Re: Bullrun top on: January 26, 2024, 05:40:06 AM
Hi all, long time investor   what's everyones opinion on this bullrun .?... IMO will see a market top q4 2024
Do you mean the bull run coming, as we've not returned to an immediate one now? Well, I expect a huge bull run this year, something similar to what we experienced a few months ago, but it will be double of that size as it will be the major one expected by everyone, so there will be FOMO everywhere at that time. This will happen after halving, the effect might not be immediate, but I suspect an immediate one this time due to the people's expectations that are more than before. Though it might start in weeks as people just want to be part of the world cake brought by Bitcoin, no one wants to miss out like the old times.

We will do well if we are still patient for now though, the market is not just encouraging now, and at the current high level of $40,000, I think that it is not so good to risk buying heavily now unless you want to DCA the coin. Nevertheless, be sure of Bitcoin hitting above $100,000 in the next bull run, and I suspect that it would have hit that level in the late months of this year or the early months of next year. I hope this meets a good view of yours as well, but be very careful and DYOR even as you engage the market carefully and managerially.
1847  Economy / Exchanges / Re: [UPDATE] Binance BTC Segwit wallet address changed on: January 26, 2024, 05:25:26 AM
I've also restricted some of Binance's mailers from sending too many messages to my inbox, so I might not even know. Many said it wasn't a smart idea, but still, I am yet to regret it.
If you are actively using your binance account, i don't see any reason why you would not want to receive emails from them, you don't know when you would miss an important Binance update. Even if you don't receive emails from the exchange you use, you should always log in to the platform and copy your BTC address when you want to receive funds. Since the exchange control the keys, they can make certain changes and you have to be sure before depositing funds.
That is you, but I who blocked them have my reasons. As I said in my first post, I have yet to regret doing that after over a year now. It is not through the emails you get all your information, there are other channels that are better for my gadget safety. I also do what you suggested in all my email subscriptions and I respect how minimally all other companies are sending messages to me, unlike Binance which was disturbing. They were just flooding my inbox with messages, of which many of which are so annoying and not needed, especially those nonsense they call promos emails where a whole Binance would be saying a huge number of customers should be sharing a very small amount of money after fulfilling some tasks.

These things are annoying me, so stinging but using people's heads to market, and maybe people would do it due to desperation and poverty. Since those messages have become too much for me, I had to be blocking their mailer one after the other. This is also good for me to avoid fishing mail. Since then, no company has spammed my official inbox again, and the only Binance mailers I left are the ones that send the deposit and confirmation, and that of the OTP to verify transactions.
1848  Economy / Trading Discussion / Re: NOT BUYING ANY COIN, BUT STILL TRADING on: January 26, 2024, 05:01:23 AM
Can you please help me to discover WHAT is the name of the market where you only bet that the active or will increase the value or will decrease the value without buying or selling it?
It is called Option trading, you will not trade the actual market but bet it in relation to a specific time whether it will hold above a price or hold below it until that time lapses. Well, it is a very good way to make money with the market, but it is not so easy to find a good options broker and I stopped using the ones offered by crypto exchanges because they are nonsense, they will definitely cheat you (not scam) which is why it is not popular among traders. I even requested here last year for any suggestions on good Option brokers/exchanges, but none was able to furnish me with any good answer, not to talk of a satisfactory one.

The issue is that if you are looking to bet on crypto, you might not see a good one, this is because of my earlier reason, exchanges do not offer it properly, and those who claim they offer it apart from exchanges are only scammers, you can't guarantee your withdrawal through them which makes it so ugly somehow. But if it is to bet on Forex, I know a broker (Dukascopy), which is also an investment bank in Switzerland. That is the only one I can recommend, but no crypto options, and the minimum deposit is $1,000.
1849  Economy / Gambling discussion / Re: who Want To Bet On 2024 USA elections? on: January 26, 2024, 04:46:44 AM
many factors will determine the next president of the US, and if it has to be fair and sanely foresaw, I would see it for Biden in power too. But many criteria are to be considered here, and some of them are his age, whether he is fitting or not, and judging by the lapses of this current administration on some issues, people might be reconsidering. Talking about the economy, the inflation and the high Federal Funds Rate could be discouragements, many are just ignorant of the situation, and they will rather want to think negatively of another Biden administration than support it even as he is not guilty of that.

But Biden is not a tough guy when it comes to international relationships too, not until they were firing him with words before he started improving on that. People would take hold of that as well even as that is just a little among many factors to consider. But Trump might not be the best candidate if anyone is wise. Aside from the bad antecedent of the guy, what Trump is using has always been divisiveness, white supremacy, campaign emigration into the US and other things. But Trump is just greedy and unworthy, he shouldn't be the one mounting that mantle of power in the US again. I wonder what he would do with the theRussia-Ukraine war where Russia has destroyed key cities in Ukraine, his decision could be so ugly, and that would be painful. Above all, I think that I will remain neutral for now, maybe when we are closer to the time of the election properly, I will be able to ascertain a pick by then.

Regardless, I wish that Biden remains in power. I am a Democrat in proxy, and their rules have always treated and considered everyone reasonably.
Honestly I can't say that I am in support of any specific party, but it looks like democrats and republicans are going way too radical these days to get votes, and that is the problem that USA has right now.

Back in the day, not too long ago, even during like Obama vs Romney periods, you couldn't really put that much difference between the two, sure they would say things that may looked different, just a bit, but what they would do looked quite similar and it was just deciding who the "spoke person" for the "establishment" was.

Maybe all this "get rid of the establishment" part ended up not that great for USA, because apparently that was good for them. Now? It looks like you are either voting for a racist homophobic bigot, or old senile person puppeted by lgbt radical feminist movements. Like, there is no middle ground anymore, you are either a person who hates minorities, or you are forced to say the right pronoun, those are the only options.
I see things differently from yours and Democrats are still the way forward, they preserve their ideology till today and excess, divisiveness and others have also been avoided, which is why I prefer them. Talking about Biden and Trump, I don't think we have a choice now until another election after this, they are the frontrunners. I also think you are seeing it as individual personalities only and not the party ideology included, even with the two of them, there is a wide distinction in their principles and characters, we can't ignore that. Biden is far better off when it comes to a sane and progressive man. Regardless, nothing can still be done as it is now, the next US president will be either of the two, however, my preference will remain, Biden, even though it will be a keenly contested race this time, I am only neutral yet about who will win, and we shall see how it goes later this year.

The Democrats and the Republicans have truly produced better presidents, and even despite the ideologies of the republican parties, they have had an excellent president in the past who was able to maintain balance in every facet and not cause havoc or divisiveness, unlike Trump. I wonder how he expects that his merely 4 years in the office (that's if he wins) can change anything. He is just desperate to finish his tenure as the law permits, even though all that he believes he would do will be undone again if another president holds power after him with a different ideology which will likely happen. Just like Biden did when he became the president.
1850  Economy / Speculation / Re: Post-ETF effect: Has Bitcoin Bottomed yet? on: January 25, 2024, 05:09:10 PM
-snip-
Nonetheless, the selling could continue a bit, but not caused by such events, but by trader psychology. Now that we're already seen dips below 40k, some will wonder if a bearish wave pattern is forming, and may be cautious with new buys. I think also the fact that the ETF top was close to the psychological barrier of 50k may play a role.
That adds truly, and it is normal, who will be selling their coins eventually if there is FOMO in the market, a situation where the market is extremely bullish? It's practical that investors are not willing to commit more money to the market while a sizable amount is also being liquidated gradually, and not only the Grayscale-related liquidation alone which people are always pointing toward. All is due to the market sentiment. People overhyped the ETF of a thing and made Bitcoin rise hugely, the effect in reality often happens in the reverse when the actual expectation (approval in the case of ETF) is achieved. A situation where the market tends to retrace back its steps a little just like what we are seeing now, but coupled with the prevailing bias/sentiment of the market which is negative. I believe the market will continue to be pressured staying below $40,243 until further notice.


Based on my technical analysis  looking at the price around $40820 where red arrow is drawn, you can see some rejection around this area  from the wicks & by looking at the left which says bearish pressure is losing momentum and sooner or later the bulls should step into the market which should push price up..

But honestly I didn't see price dropping after the ETF approval as I believed that demand will be there as the buying of Bitcoin would start in readiness for the ETF trades but the opposite happened...but once the dust settles we certainly are going p, better believe that!!
Well, I saw the ETF backfiring on Bitcoin as we see now, people are only too expectant, but it's not always so when the needed reaction has been priced in already. This is the case of Bitcoin in relation to the ETF saga, ETF is not an automatic means to move Bitcoin higher, there must be cash volume to back it up. In this case, did people move in money? So it can't do that bullish miracle. The gist is that people actually moved in the money they should have moved in after the approval before the approval due to FOMO. When it was eventually approved, people were sceptical and FUD dominated the market which afterwards caused the downsizing which was also aggravated and emboldened by the Grayscales' sales.

As for your reference on the chart, I've given the condition already where $40,243 is the immediate reference point. Anything can happen on support and resistance levels be it fake or real which calls for caution before deciding based on the levels. In this case, the market can however move above or below it regardless of the initial rejection or false-breakout it suffered. What is important in this situation is to continue to monitor the level with price action and other strong strategies that can confirm a final stance of rejection or breakout.
1851  Other / Meta / Re: Other Forum members are more civil than Legendary members, Why? on: January 25, 2024, 03:11:52 PM
-snip-
Do we agree that it is a feeling of pride that they have superior knowledge on issues than others because of their ranking?

Who else is noticing this attitude as a newbie or member?
I advise you to look away my friend, since the forum supports some excesses where some people would be using vulgar words unchallenged, there is no way something like this will not happen. Frankly, some are very rude and are trollers, but it would be unfair to generalise them as it is a few of the high-ranked members who do that. Some will even start arguing with a mere excerpt where what they are actually urging is the same as yours but is inside the main body which they ignored. That is laziness to read, but are perfect in thought, nevertheless, they are the most appreciated. Even the world is not balanced, so live by it.

Of course, this is pride that shows the lack of self-control and uncultured attitude and it is emboldened by too much freedom. It would have stopped if the forum frowned at it. Most of them can't tell me that this is how they were abusive and unfriendly from the beginning when they were junior in rank. They were only later intoxicated.

As it is, this is a public forum, just connect less emotionally so that they will not get into you. It's not just worth it.
1852  Economy / Gambling / Re: The most liquid companies in the gambling industry on: January 25, 2024, 02:41:56 PM
Maybe we should know this for now in case of the benefits of those who don't know much about this gambling platforms, talking from the general perspective, gambling platforms has money and are one of the richest sectors we could ever imagined, but that doesn't mean it has anything to do with the way we gamble or how we make a win if they are having money or not, but those that are most liquid among others don't hesitate spending money to maintain their operations unlike others who don't.
No doubt, the gambling industry is a rich one that has been gaining more relevance over time and continues to increase its capital rating which means it is progressive and liquid enough. But this is the whole industry and not individual casinos, we have to treat them individually based on how good they are in liquidity before we deal with them. But oftentimes, people are just exaggerating on this, they do not know the liquidity of any casino, or is there a modality that lets people know the true worth of their casino? I doubt that since all are fake online, and that is if you will be furnished with such information online at all. Nevertheless, casinos like Stake and others are more liquid. I came to that conclusion because of the news and headlines we read/see about them.

Think about it, with the over $40 million hack that Stake suffered last year, it is not many casinos that will be able to survive without liquidating. Not to mention other programs that have to do with huge money which they are known for, which makes Stake a well-liquid casino. Others have some trackable remarks too, they are so popular that news channels can propagate about them, but only a few casinos' dealings are revealed, while their worths will always remain hidden from the general public. Now, it is good to gamble with a well-liquid casino, and one of the reasons is that they will not likely withhold your withdrawal if you are fair with your plays. This is not about exonerating them from excesses but such casinos that are highly liquid will not often be so greedy for some amount of money compared to those who are less liquid and are seriously hungry for the money.
1853  Economy / Speculation / Re: 0.618 fib retracement @ $48.5K achieved: Is this is the local top? on: January 25, 2024, 02:05:13 PM
For now, the peak hit by Bitcoin this year at a little above $49,000 will remain the ETF-associated peak in my opinion. The ETF time has been priced in already, and nothing significant can be attributed to it anymore unless we hear of some huge moves caused by it in favour of Bitcoin. After all the ETF has helped the coin to move significantly higher during the rumours, news, headlines and hypes associated with that triggered FOMO, I do not think more can be done by it anymore unless the market takes a breath lower as it is taking it now.

The correction is long overdue, and anything else that would happen will merely be for the pre and post-halving effects which we are of course getting very ready for. Also, with Bitcoin hesitant to move above the psychological level of $40,000 convincingly lately, not to mention the higher level of the 1D Fibo at $40,243, I so much believe that it is weak and will be further pressured to a lower level of $37,519 if the present condition subsist.
1854  Alternate cryptocurrencies / Altcoin Discussion / Re: Coin or token with high potential on: January 25, 2024, 09:46:18 AM
Hello,
What cheap projects do you know that have good potential?

Thank you.
The only project I know or hear more often from far and behind is Pepe. That coin is a meme coin. Which has potential according to people or how dey predict it to be. but you can do more research on your own because it's very hard for you to identify such coin. Because it is hard to find. You can only know them when they have boomed.
That is good for you, but I advise you not to invest all your money in Pepe coin, this is important because it might most likely betray the trust and expectation you have in it. I was advised to invest in it as well, but the way it moved in the recent bull run disappointed me so much to the point that I liquidated all my Pepe coin. The saving grace I had was to have many other altcoins to invest, if not, it will pain me so much more. I didn't say it will not rise, but only saying I am no longer interested anymore in such a coin that may not rise much. After all, it is not the only coin in the crypto market, there are a wide range of options to make with better prospects.

In addition, in the recent bull run, all the forgotten coins I betted in favour moved up with very significant impacts, and a good example is LUNC. I knew the coin would not hesitate to move higher and that was what it did. Even others like RUNE, INJ, RNDR and many more are not so old or popular, but they delivered so much in the last bull run of late last year. I still believe that they will move higher regardless of what they have done yet, they have the opportunity to move more in their ten times because their market capitalization is still low despite being good projects. Finally, I advise people not to have all their beliefs on a single coin/token, this is not wise and it has been tested to be wrong over and over again no matter the belief you have in it.
1855  Economy / Trading Discussion / Re: You lose more when you over trade on: January 25, 2024, 09:23:01 AM

A successful doesn't just have a good market judgment but also has a good healthy practice. And over-trading is not a practice by them, it is just for those who are chasing their losses thinking that it could help to recover but not knowing this could also be the reason for incurring more losses.

I have noticed that over trading is the main characteristics of newbie traders and that is because of anxiety, greed, lack of self discipline. These factors will make such a trader to lose his emotion to control his trade. In fact, a new trader barely understand what is happening in the market and only what to chase every candlesticks like his mentor has mentioned candlesticks to him. Successful traders are those who have lost their money over the years and probably learn their mistake that they make and now get better with such experience. I believe a trader who is new and making profit is not yet successful until you have been experienced because at the time the profit is coming, it may be you are on the right trend but if the trend change, that comes the real trade challenge. Patience is important to be a successful trader.
For me, people who over trade cannot control their psychology and greed is still in their minds. Therefore, we also have to limit our thoughts so that we don't make mistakes. Usually people have experienced profits several times and continue to want to trade in one day, until the time ends up giving them a loss, because they don't want to lose and let it float, until finally they close with a big loss.
Yes, a trader is prone to losses when he is more greedy for profit. New traders often cannot control their emotions. Invest without understanding and open new trades when there is a loss thus they continue their investment as long as they have money.
Two things are mainly causing overtrading in the market and greed is just one of them, and aside from it, the revenge for the former losses is another reason. But neither of them is just not necessary if the trader is wise, they will only put the account of such trader in trouble. There is nothing as good as having a plan in trading and following it strictly, but such can only happen if the trader knows the evil in emotional trading and guards against it.

Quote
And those who profited, while hoping for more profit, suffered in the same way. Self-control is a key factor in trading. Over trading means guaranteed loss. A trader must take the right decision in this regard. A trader needs to acquire sufficient knowledge on how to control himself in an adverse situation.
Overtrading is never good, it can make traders lose even though some can still be lucky to escape the losses if they strictly adhere to their trading system and plan, which includes proper money and risk management. But such traders must have a good trading system and plan for this to be possible. However, if more losses are being incurred, it can finally set the order out of balance to cause more losses. This is why it is even good to avoid overtrading entirely for the sake of good trading activities.
1856  Economy / Gambling / Re: How to self exclude from anonymous gambling sites on: January 25, 2024, 07:55:11 AM
This is the idea that I am talking about a couple of weeks ago  Grin to get rid of gambling addiction or at least staying on your budget. and it actually worked on me Tho it is not recommended to keep your money in centralized exchange but I do it anyway  Grin so basically I buy a near token with and lock it for 120 days and just yesterday I lost 275$ and I want deposit more my solana that 25$ goes all in and lost I too iwant to wd my near but I locked so Im safe at least for now hahah
if you are going to lose 275 dollars each time and twice a week? then you are spending much for that mate and better to learn hor to control your self.

It just hit me bro Im trying to deposit more so I just locked my money by buying near and locked it for 120 days that is why How i control myself haha.

So just deposit only that you can afford to lose stay on your budget and throw away your additional money and don't deposit more that is what Im talking about
Lol...But as laughable as this approach is, if a gambler can still position himself to make it work, it might work, but not for all. For it to be weak is the issue, but can still heal or control some gamblers to do the right thing nonetheless. I am certain that it will be very few it can help though, which makes it not a potent approach. Again, this is a risky approach, it will force you to lock your money in a scheme you do not have absolute control over, but what if something bad happens to the scheme and you want to make a panic withdrawal? This will never be possible unless the 21 days lapse, which is so discouraging.

Also, people who are truly addicted to gambling will see this as a waste of time as it will not be able to heal their wrong psychology. For the money they think they keep, this will be a temporary setback as more money would be sorted out from elsewhere and the gambling will continue still. I think that it is not about keeping or locking one's money that would effectively solve gambling addiction, it is just like cutting the grass from the surface and not the root, it will get back to what it was before the cutting, and it is only a question of time. What I believe is the solution is to be willing to change, while enforcing it one way or another is a good bet to make it happen.

One can do it by themselves if they are willing but the Willpower must be there. If they can't do it all by themselves, they can seek the help of others like their friends, family or experts in the field that deals with mental health and psychological issues. It is never the end for anyone who is facing the challenges of gambling addiction, but first, they should be more occupied with something else, earn a decent amount of money from other sources, believe that gambling is not a dependable source to make money and also fight it within, which is where the Willpower comes in. If anyone can be so determined and disciplined to do all those, then their gambling addiction will soon be a forgotten issue.
1857  Alternate cryptocurrencies / Altcoin Discussion / Re: Do You trust Tether (USDT) Stablecoin? on: January 25, 2024, 06:59:24 AM
Yes, of course I believe in USDT teter because its value is the same as the American dollar, and currently many Americans are using USDT as a business field, but what I worry about is that America will misuse USDT's popularity. so that USDT will later be isolated, which can affect its price stability in the crypto market,
We actually have our choices to make as far as cryptocurrency is concerned, nevertheless, we should be more thoughtful and not be so judgemental based on the recent happening, or else, it might cloud our reasoning. We should think deeper and be insightful about it to not only trust our coins but also safeguard our assets and interest in them from unforeseen by many things that could happen.

Fine, it is a pro that the USDT is not only pegged to the USD but also backed by the same, yet do not forget that manipulations can occur. As a matter of fact, they've manipulated this before, but I only hope that it doesn't be like that of the Terra case where their supposed stablecoin became worthless and people lost their money and have been unable to get it back till today. That is disappointing, and as we are not expecting our lovely Tether which happens to be the number stablecoin in the crypto world, we should at times be thinking towards that since nothing is impossible as far as cryptocurrency is concerned. Also, this is a centralised coin, your asset can be well monitored and controlled.

Now tell me again, do you still trust Tether that much?
1858  Economy / Economics / Re: The savings problem on: January 25, 2024, 06:19:31 AM
~snip~
Purchasing power has only been getting worse from generation to generation, and thus being able to make any savings is already a distant dream for most. Younger people just keep working more for less, to s point now where mostworking people can't put even a single dollar aside.

Could there be a solution for these issues? Economists have long argued about the strengths and failures of our economic system, but alas it appears as though "trickle down economics" has failed humanity.

So, do you agree that radical changes are needed?

I agree that Purchasing Power is getting worse each generation, based on this site Inflation Calculator, 1$ dollar in 1900 is now equal to $0.03. It's crazy to see how much our dollar getting worse each generation and there are no real solutions for this, in my opinion, what we can do is we should not waste on anything like food, gases, technology, electricity, water, etc. Many young people these days love to waste many things and we should change this habit from our kids so the next generation should value for what they have.
It is everywhere and even the developed nations are lamenting unless you have a high-paying job which is not so many people that would have the opportunity to secure. The best is to have multiple jobs/works or any other means by which income would be entering your account/wallet, be it formal or informal, that's how you can make it in life and you can be financially free. Many are resolving to save too, but to many as well, the saving plans are not easy, they will try and will continue to fail due to too many commitments and bills to pay. This is why the problem should be solved from the root, and that is the income problem. If you ever have an income problem, you will surely have a savings problem unless you are such that is not financially burdened by friends and family members, while some have extended dependents to take care of.

This is why I do not bother myself with any savings calculations, and it is either I have the money to do whatever I want to do or I do not have it at all. This means that I do not force myself to save but rather invest to make more. When my investment with other hustle materialises, no one will tell me to pursue my goal with the money even without having to frustrate myself on the savings. Above all, let us find a way to make more money and not let the banks be using our money for free while we earn so little. It can be a short-term investment in companies, or direct investment online. You can also buy land with your money and find other means to earn more to achieve an end.
1859  Bitcoin / Bitcoin Discussion / Re: Do you think Satoshi got rid of his private keys? on: January 25, 2024, 06:06:13 AM
There are three possibilities:

1. He still has the private keys.
2. He does not have them or cannot access them (this includes his death without leaving them in inheritance).
3. He got rid of them on purpose, as a donation to the rest of Bitcoin holders. Recall his "lost Bitcoin is a donation."
The money involved is huge and Satoshi can do and undo at any time he is ready. I hope such a name Satoshi is not a person, you will be seeing dramas over time, but it will take time, and certainly not soon, so we should just forget it for now. Of course, if Satoshi is rich already, there will be not much need to liquidate his Bitcoin as he is not hungry, he might have the plan to deal with it later, but it might be after some decades.

Do you even know if he/they have willed it out to his/their children just like it is in the stock market? Bitcoin is still young and Satoshi in his wisdom will always be moving away from anything that will cause controversy or affect it. Nonetheless, judging by his preplanned mechanism for Bitcoin, he can't be so daft to lose his private key, he would be smarter than that. I believe he has other future plans for his coins, so watchout even as the world appreciates Bitcoin more.
1860  Economy / Speculation / Re: will the btc price reach 100k ? on: January 25, 2024, 05:54:31 AM
Even when others are not saying it or seing it, being a bitcoiner, we should be able to know and understand the reason why bitcoin will make a new all time high above hundred thousand dollars this year or next year, we can get more information even further more on it's historical performances, we also can make use of the market price chart to see more through the speculations we can make to arrived at something.
Unless the person is not conversant with Bitcoin and what has been happening around it in both the past and the future, such are important to know what will happen in the future. From what I've known about Bitcoin, it is all bullish, but it might be turbulent at times, yet it will be finding its path higher over time. The bearish and bullish seasons exist in the coin in their own time, so we should get ready this time that it is about the bullish season.

Also, for every halving, Bitcoin always moves higher to break its former ATHs, this is due to post-halving effects and FOMO that is often attached to it, and such is coming again and soonest which makes me and everyone that are conversant with Bitcoin to know that it will move above the current ATH, which is at about $69,000, and even move higher as the breaching of $69,000 will announce a bullish trend continuation in which the hitting of $100,000 and above shouldn't be an issue afterwards.
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