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CZ has some point in stating it and is somewhat real for some people who are new to the crypto world and have no knowledge about holding and keeping their crypto. But what I see in his statement is he wanted us to keep our crypto in their platform and feel that we are secured, that is a kind of trick.
But I stick to this " not your keys, not your coins". We are entitled to keep our coins in our controlled wallet/s, not just in these centralized exchanges. I understand the risk but I see a huge risk in using their wallet as storage. We are not sure if they will give back our money if they get scammed, or if the worse is to freeze our account.
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FUD(s) are just rumors if they don't have proofs, and don't store your money in an exchange no matter what, especially when you're in doubt, simple as that. Binance is a good exchanger, I must say that, but it is important to always know how much you're willing to risk by trusting them on your funds, because everything might gone wrong, that's why don't get too comfy about your funds are safe in any exchange, because it's not.
FUD is an abbreviation of Fear - Uncertainty - Doubt. It can be a real news or a fake news but if that news can cause either fear, uncertainty, doubt in news receivers, it's fud. Binance have very large storage of stable coins, a largest part, among all cryptocurrency exchanges at this moment. Their storage including customer money, is very bigger than other exchanges. Any problem with Binance treasury will cause a super terrible collapse of not only Binance, but also all cryptocurrency market. From Binance audit, it seems they are fine regardless of their audit report was cooked which I don't believe they and Mazars did it. Then we can say that whatever happened to this exchange will have a huge impact on the crypto industry and could possibly ruin everything. If their Binance audit is true with their records, maybe we can say that we are safe but still, it is a need for us to be careful. I'd see the safest way is to keep our coins in our controlled wallet. FUDs are sometimes created to ruin someone who has a good market reputation but sometimes also this will help us to assess if that exchange(s) can really be trusted or not. https://beincrypto.com/binance-failure-would-cripple-crypto-industry-but-users-back-cz-despite-fud/ |
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What guarantees we have btc not going very low like 100$ ??
Can btc go Even like 50$
Becouse everybody knows that Market Will crash hard soon very bearish out look now for btc
If today btc start falling what price is good to buy ?
It can fall to 1000$ or lower why not ? What's stop btc to fall down like 20$-50$ ?
If you ask for assurance - the answer would be nothing. However, the possibility is too far from happening, not this time. Honestly, what you feel is full of UNCERTAINTIES and it makes you sick. You'll somehow change your mind and become optimistic. If I were you, I stop looking at the market because this could influence your mind and think negatively. Bitcoin price may fall but not instantly. It can be seen on the chart if it goes down and for sure, you will also see it. But for now, just relax and keep calm because the price of Bitcoin is still high at $17,000. |
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It's very unpredictable, even if a particular team will get 60+ wins this season does not guarantee they'll win the NBA championship. It's still the experience that matters in the playoffs. Maybe, for now, it's the Celtics who are the best team, but if the Warriors start getting their rhythm back, they are still a dangerous team due to their numerous championship experience, and of course, they have won championships.
Warriors were not even the favorites to win the NBA championship last season due to their struggle in the regular season, but look what happened? They proved to the doubters that they are still the best team in the NBA. What we saw last season is still happening now, so the question is, would you take the opportunity to bet on the Warriors to win it all? As to NBA futures, Warriors are +750 now to win a championship. https://www.vegasinsider.com/nba/odds/futures/ |
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Pretty much today is not really my lucky day in picking a pick, and all game was an upset and all of my picks was a lost,
Yeah, it was a bad day even for those who made a bet for the favorites. I mean, I can understand the Warriors losing with Steph injured and Green thrown out due to 2 technicals, but the Hawks are a different story. From start to finish it's a disaster for them. Yeah, hehehe, GSW lost again on the road, I thought that is the perfect opportunity for them to break that curse against the Pacers. Heat won the game, but didn't cover the spread. Hornets lost to the Pistons in OT, and then one of the biggest upset tonight, Magic over the Hawks, 8 Magic players scoring double digits, taking about balance scoring. I saw the line last night on the Warriors vs Pacers near the end of the 3rd quarter and the Warriors were down 6 or so. The odds were 8-1 so i bet .006 on the gamble. I ended up losing the bet but Warriors down less than 10 with a whole quarter to go was a bet worth taking. Do any of you take a long shot here and there like that? I would have done the same though, you are lucky you get that 8-1 odds. Warriors are a good team, even if this team will be down 20 points, you can always trust them to play hard and to come back, this game, they are just a bit short because Pacers are shooting very well outside. |
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Perhaps, it was a broken promise and mostly it happens in new projects during their pre-sale. Well, greedy people could think they become rich if that will happen without thinking of the possible scam in the end. Unfortunately, this always happens,s and many people got fooled and lose their money despite several warnings spread to the forum in regards to scam tricks, they still ignore it until such time it arrives.
Like to say X1000 ROI from early investors when staking. It is really tempting...I can really feel it because I've once been a victim of this trick before. And it was not stopped because many people remain ignorant.
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It was difficult to be in trading if you are in a full-time job. Just think about the time we need to spend in trading versus the time we spend on our job. You will find out that it needs more time. That is why it won't make you succeed and become a full-time trader if you are still working full-time, our time is limited and we need also to relax. We don't just talk about money OP but we also have to address our health. If we are too stress, no way we can make profit from trading, we only just fail in the end.
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Of course, Sam Bankman Fried definitely deserved to be punished for the unauthorized use of funds entrusted to him by clients, with which he bought up falling companies and does not play a role for what purposes he did it all. Tens of thousands of people who lost because of his actions also want to see him in the dock, by the way, he could face a sentence of up to 20 years in prison and he was refused bail for $250,000. https://www.reuters.com/legal/bankman-fried-appear-bahamas-court-us-unveil-charges-2022-12-13/Then I hope this could give some peace of mind to the investors and start a new beginning. This is what we could the risks of investing and storing our money in exchanges, they became an example and got punished as they deserved for it. Unfortunately, together with his arrest we also lose hope that our money will be back. His unbearable and incapable management brings doubts and ruins the whole crypto market, this could be enough and put him as an example that no one will escape from the law. |
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^^ It's a different weight class for Teo and I would agree that we might see a different version of his at welterweight as this is not his natural weight as compare to let's say Prograis who are very comfortable that's why he can back it up with his talk with a great win recently.
We will have to see how Teo Lopez will respond back in his next fight here, whether for the belt or not. He will be lucky if he will get a title shot in this 3rd fight in this division because it is said that he might be waiting for the winner of Prograis vs Ramirez.
As long as he continues winning, eventually he will get his shot for championship fight and that will be the time to prove if he really deserve to be a champion again. if he will fail, hopefully he will not anymore makes an excuses like he did when he lose in the lower weight class. |
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Well Butler already did a great job for surviving almost 12 rounds, not many boxers can take all of Inoue's punches. Although in the scorecard Butler never win in any round, but at least he's really prepare very well to fight against Inoue. Congratulations for Inoue to become undisputed champion on Bantamweight, I think no one in this weight dare to take a challenge against Inoue lol. Inoue will move to super bantamweight and it increase the possibility if he will fight against Casimero.
If that was only his intention to survive, then he should not fight as it will only hurt himself without a chance of winning. Inoue was a bit frustrated but his power was very evident, good thing he caught Butler in 11 rounds and knock him out. A well deserved win, no reason to stay at the current division, time for him to move up and challenge champs at weight class. |
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Is staking worth it?
1. Earn passive income: You earn rewards after you are chosen as the validator to verify the new block and transaction. It’s suitable if you prefer a long-term investment and don’t want to look at the price changes from time to time even at night when you sleep.
2. Sense of satisfaction: You play a role in maintaining and securing the blockchain network.
3. Easy to start: You don't need special hardware equipment.
Staking never gives you a passive income but just at least it gives you some money. Imagine making 3-5% APY, you are just like depositing your money in a bank and only just get a few dollars depending on how much you deposit. It is really to start and I would agree with that but if we think about satisfaction - that was no for me. What are crypto staking risks?
- When you stake, your holdings are locked up for a certain amount of time. You cannot trade or sell them before you unstake your holdings. So it might decrease your profits if the price plummets.
- Depending on how you stake, you might need to entrust your cryptos to exchanges. It might bring security risks.
That is a problem and it gives me worries especially if you are using non-reputable exchanges as the risk of freezing your account and not getting your money is possible. That is why we should be wise enough about where to stake and of course, the coins we choose. |
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Since you are a full time traders in binance over a year now, I believe you have achieved a lot of incomes from your trading which other traders will like to see so that they will follow your strategies in this bearish season, so that they will have something good to achieve in future.
Maybe, but still, nobody believes it. Futures trading has been found to be riskier than other forms of trading. Might OP is a full-time trader but yes, we're not sure how good he is and how profitable he become. I am not a full time traders in binance, because it will not help me to make a good profits like decentralized currency which many traders has experienced a lot of favour from decentralized currency. I will advise you to try Bitcoin investment in this bearish season to buy and hold like 2 or 3 years so that you will know that, it is profitable to be a full time traders in Bitcoin than binance.
It was not been said that we need to become a full-time trader in order to earn more because what really matters in trading, especially in Futures Trading is knowledge, strategies, and capital. Missing any of them can't bring you earnings but losses or just earning a small profit. Even though we are in trading for 2-3 years it was not our assurance that we are making a lot of money from trading, maybe at least we were just able to survive and stay as a trader. |
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Nicholson or Powell is their import, it doesn't matter because the Dragons are still the best team in the PBA. The last time they lose to Ginebra, that was because it was the first game of Nicholson, so there's no chemistry yet. Well, Bay Area Dragons vs SMB, of course, I'll choose the home team.
By the way, enjoy the betting guys.
There's no betting odds available yet so we can't tell how the bookies sees the game between SMB and Bay Area Dragon. IMO, Powell is the better import of the Dragons because he moves the ball well and they are very dominant with him. But it still depends on how you see it guys, not having Powell in game 1 is a huge advantage for the SMB. |
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@jakelyson, you already have 1 win on your parlay, the Blazers and Celtics are waiting, and I'm confident that they'll win because I also place my bet on them.
@MK-74, that first quarter bet didn't hit. Actually Cavaliers were down huge but they are only down a single digit now, looks like they have a chance to win if they will continue their rally.
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Investment advisers should avoid trusting asset holdings on exchanges because the sourcing service cannot be fully trusted even though the exchange's rating is highly reputable. FTX has proven how badly created exchanges are as a sourcing and crypto asset sourcing service and many other scam exchange services, so avoid storing assets on exchanges and switch your investments to a personal wallet that you can fully manage.
FTX is a living example of how dark the game can get so many of us fall victim to their greed. trust in centralized exchanges is now decreasing and all investors are competing to withdraw their assets to make them safer. At first they look good and become the most trusted, in the end they will betray customers with greed and misuse of customer assets. FTX is a small part of the ugliness of centralized exchanges and this makes customers even more careful. How about Binance? Are people quitting the use of this reputable exchange already? I understand that people have a bad view of CEX now but still see people using CEX till now. However, their way of understanding is different, and be careful about depositing and keeping their money in them. I'd see Binance having no excuse about it and traders being also doubtful about the safety of their funds, quite it changing a lot after the FTX issue. Perhaps, it gives learnings to all of us and it badly affects the entire market. |
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...
~why do you think people still start making losses on real accounts after long time trading demo successfully
Just to know that losses are real when trading. There are so many factors that could affect our trade when using real money; - emotions - mindset - Technical analysis - strategies Many people think about why but never see that they are changing when they use their money unlike when they are just using free money. |
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He'll win by knockout, of course, I hate this trend of so many cherry-picked fights and warm-up fights, Fury, Spence, Crawford, Garcia, Davis, and Beterbiev all of them have warm-up fights before fighting their respective rivals, not doing the boxing community good we boxing fans don't want to see cherry-picked fights, there's no excitement on these kinds of fights, it's very rare to see upsets on cherry-picked fights, we want to see two even and equal in talent fighters fighting in the ring.
I'm not that sure Tank will win via KO because Luis Garcia is an undefeated boxer, so we can't really underestimate him. Although Tank last fight is Rolando Romero which is undefeated boxer too, but Romero is really dominating the fight. If the fight goes to distance, Romero might win via split or majority decision. Luis Garcia also have a good KO rate too, he could become a trouble for Tank. Good if that will happen, however, most of the fights Tank Davis dominated by him even against a fight with a good record. While Davis is taking a risk fighting a good boxer, Ryan Garcia on the other hand just chooses to fight an old boxer, so we really know the difference between these two champions. |
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The energy between Westbrook and LeBron today is very good. Westbrook is making great assists, both to LeBron and AD. Lonnie Walker also contributed significant points by scoring a good percentage. The lack of experience and leading players is evident in Detroit. Bojan Bogdanovic alone carries the team on his back. Jaden Ivey is willing but can't get play the balls right. Despite all this, the difference is still very close. There is no Cunningham, but it wouldn't have changed much had he been. Detroit is holding up well, but the Lakers haven't lost much of the lead. Antony Davis still find easy buckets.
There have been huge significant improvements to Westbrook performance since he's been coming off the bench compared to when he was always in the starting lineup, while Anthony Davis have been Lakers most consistent player this season, I just hope he stays healthy enough down the stretch because it will only get tougher as the regular season start approaching its end every team is trying to secure a slot in the post season, Lebron is known to be conditioning very well and he is usually available down the stretch, but he'll be needing all the help and supports he can get from Anthony Davis, because If Anthony Davis isn't going to be available, I doubt Lakers would be able to clinch a spot in the play-in tournament let alone a spot in the top seed. Yeah, the changes was very effective, they don't need to put Westbrook in the starting lineup because it will only mess up their offense. Now, with limited attempts and more on facilitating the ball, his role has become more effective, though he will not be a triple-double guy anymore winning more games for the team is more than enough to still consider a valuable player of the team. |
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You should not feel bad for one day loss. It happened to many of the gamblers here. You are not a different or unique to get more loss. When you loss the game. It’s essential to add the good techniques or improve your thinking capacities of the upcoming game. Due to Messi, you may bet on Argentina. Actually 9/10 are made the same bet in this specific match.All the 9/10 people loss their betting money.
We know that in gambling world then there's always a chance of upset which means that you should really make yourself get prepared for whatever things that might happen ahead.Dont make yourself fixed out that kind of expectations in mind on having that 100% sure win with that bet since there's always a chance of losing and this is why its sensible that you should really be anticipating on every bet so that you wont really be that get frustrated on the time that you would really be losing such sure bet. Its part of the game or its part of betting where you do win some or lose some. That is the thing we should understand when we are betting as gambling is not all about winning but also about losing. Many gamblers think that they can multiply their money in gambling, unfortunately, their expectation had to fail and make them upset. This is the reason why we don't consider gambling as a place to grow our money but rather consider as a place to enjoy. |
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Well, I think they also consider the highest possible income and expenses of a Nigerian Citizen and putting that limit has also been observed if that is possible or not. I know the banks have also made their survey before implementing those rules, might be some people will disagree but I think many won't feel it. But for me, the banks should not be doing that but instead, let their clients do whatever they want with their money.
This makes us realize that Bitcoin is better than these banks and fiat money. We can spend Bitcoin without limit, and it is likely we have the freedom to do with our money in a form of Bitcoin which is too far from how these banks are implementing their rules.
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