Borrowing money for bitcoin investment is of course a good thing,
You'll have to pay the interest of that borrowed money. What if you've loaned money to buy bitcoin just after the bull run and the bear market came? This is the worry that many are thinking about because a lot of people did that before and they did it on the wrong time. Not saying that someone can just do it on the right time because you'll never know the circumstances that you'll be facing on the right time and if you'll be able to borrow money. We all believe that the price of bitcoin will rise for the next couple of years but still, you'll be taking a debt and you're obliged to pay for it while we're not yet profiting from the purchased bitcoin and you'll have to pay it with the fees and interests. Although it seems risky, investing borrowed money in Bitcoin is actually a fantastic option but we should never forget that the price of Bitcoin fluctuates too much, and the bullish season is never foreseeable. When it comes to investing in cryptocurrencies, it will be a better idea to use our hard-earned money or the money that we can only afford to lose because it is always crucial that we will be responsible in utilizing our borrowed funds and we have to make sure that we can pay it back on time. We won't know when we can take the desired goal profit if we invest our borrowed money in cryptocurrencies, which could result in even worse repercussions from the loaning and jeopardize our financial situation. I like the concept of saving money to invest to the idea of borrowing money to invest. I don't see it as a fantastic option because it's not really a good choice using loan money to buy a very, highly volatile asset as bitcoin. We don't want to get in debt and that's not the best option for the majority but if someone thinks that he's good with it and can survive then let him do his own take with that. But if the time comes that he's not able to pay the loan and he's only reliant to his profits in bitcoin, he'll for sure needing to do something with that and cover it with his other source of income if the market don't do great.
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Not every player is valuable to the team, and it depends on how useful they are. Quiñahan may have already passed his prime, so the team found a way to terminate his contract. This serves as a lesson for players who are not as valuable to the team that they should avoid making mistakes that they may regret in the end. Now, this opens up an opportunity for younger players who can contribute to the team. NLEX has not been a playoff team, so they need to improve, especially on their defense. Nope, it's not about him being valuable to the team or not. But it was his action for being terminated and it's not just him that did a violation about playing for another tournament. It's indicated on the article as to why he's terminated. Pass prime or not, that doesn't really matter if there's a contract and the management can't just terminate a contract if that's the reason. But the reason of termination is not really tolerable as said in the article.
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Borrowing money for bitcoin investment is of course a good thing,
You'll have to pay the interest of that borrowed money. What if you've loaned money to buy bitcoin just after the bull run and the bear market came? This is the worry that many are thinking about because a lot of people did that before and they did it on the wrong time. Not saying that someone can just do it on the right time because you'll never know the circumstances that you'll be facing on the right time and if you'll be able to borrow money. We all believe that the price of bitcoin will rise for the next couple of years but still, you'll be taking a debt and you're obliged to pay for it while we're not yet profiting from the purchased bitcoin and you'll have to pay it with the fees and interests.
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It is possible to earn more than $100 per day from gambling but it is not possible regularly. Because gambling regularly does not favor luck every day.
Right, it can happen a few times but not on a daily basis. You may be lucky for this day but not gonna happen for consecutive days. Gambling and trading are completely different things. It is possible to make regular profits from trading but not from gambling at all. If you earn $500 from gambling one day, you may lose $1000 the next day. So taking gambling as a source of regular income is absolutely stupid things
But just as we say, it's the same that no one can win their trades on many days. A time will really come when they'll be at a loss. That's just normal even in trading so as in gambling. And with that comparison of wins and losses, they're true. And it's not just going to be a story of one gambler but many will confirm that.
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The high fees of gwei in Ethereum transactions are due to the supply and demand dynamics of the network. When the network is congested, users need to pay higher fees to prioritize their transactions. The popularity of DeFi and NFTs has increased demand for Ethereum transactions, leading to higher fees.
Been there and done that mate, there's nothing much that we can do. The highest that I've paid for Gwei before was around $100, yes, thanks to those failures that I've done with NFTs I'll never invest again. But this time, it isn't about NFTs but I think DeFi has something to do with this and as well as Pepe coin. Those transactions that have been clogging the network makes the gwei higher and bruh, we can't anything with that. So if you want to transact, do it and pay the high gwei but if not, we don't know how long we will have to wait until this calms.
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This is the correct way to go about this, there are people out there that are worried about humans being replaced by AI, but the only thing that AI is going to do is to enhance our performance, computers are really good at making calculations and finding patterns that it could take a human their whole life to see.
But humans excel at creative thinking, they can combine completely different concepts and come up with new ideas that would be impossible for a computer to combine,
It's overhyped when it's about AI. However, it's kind of alarming when the godfather of AI from Google has resigned and there could be some reasons behind it. Still, we as humans can still go further just as AIs but in terms of gambling, there's no way for them to have that prediction or forecast of something unforeseen. so by combining the two we can get the best of both worlds.
I agree, if you're for maximum potential, result, and positivities then it's better to be balanced.
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Mate you did not mention BNB? well it's your opinion, for me, If i am to invest 40k for five year, I will pick maybe only three coins, BTC, ETH and BNB that's the coins i can risk the 40 dollars for the next five years.
That's the common pick that we'll see today. And your allocation will vary on how you're trusting each of them, I have no doubt with BTC and still hold a few of ETH and BNB. That $40k should be allocated properly in different coins if you're for diversification because if you don't do it correctly. You may ended up with a loss. Those traders that are okay to take risk, they'll pull it on with the meme coins that we're seeing today. However, that's truly a risky move and you might regret that if the hype is done and the pump is over.
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I don't take those memes seriously but they're actually funny because it happens in real life for most people. That's what happens when you're not prepared or not knowledgeable about the investment that you're taking in. And while there will always be those negative comments and thoughts from people that we don't know, don't take them as well seriously because they don't own any coin. They're just there to trigger anyone's emotion specifically us who are crypto and bitcoin investors. Just ignore them or if you want to answer them, you better not trigger your emotions or those people that are trying to flame you will be happy as they've already won the argument by flaming you.
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I think it's not only the problem of altcoin market or ETH in general, but if you look at BTC mempool right now, it's up to more than $7 to do a transaction. I haven't seen this one since 2017 mempool clogging.
The same thing, the last time I've seen the fees to be this high and even higher was during that year. yes, it was this high when metaverse and general blockchain gaming which requires so many transaction are still a thing. right now they are rather miniscule if compared with the nft minting and airdrops. it also still rather baffles me how many developers out there still deploying their nft and coin in ethereum blockchain i mean there are quite literally so many second layer solution already out right now and they just choose ethereum just because it's popular with the down side and disadvantage of paying the tremendous gas fee as high as more than $100 just for transfering erc20 which is ridiculous, and not only that, even the participants that claimed airdrops and mint nft are willing to do that knowing the value of the thing they claimed more likely less than the fee used, which is ridiculous. I guess this has something to do with the hype coins that have been lately flying like the meme coins and Pepe coins. The NFTs during 2021 have also made the fees too high, while we're near to the bull run again. There have been projects left and right and developers are quick into making something again that shall gather the attention of many investors. From this, they're making cause for the traffic in the network that results for the fees to be high. While for bitcoin, the fees are high as well and this is ridiculous where you can see almost everywhere that the fees are nowhere to be found but all of them to be crazily high. I'm just thinking positive on this that we're actually near to the bull run.
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Kapag ganyan, sobrang daming transactions kasi nasa network at pending kaya tumataas ang fees. Parang sobrang taas ng singil sayo sa fee kasi ayon sa mempool around $6 na ang high priority so dapat hindi ganyan kataas ang fees. Pero usually itong mga wallets o exchanges na nagba-base lang din sa network congestion ang fee nila, posibleng may commission sila diyan. Sabi naman diyan sa wallet mo which is blockstream, wala silang comms. Puwede mo naman i-set ang fee niyan at sundan mo lang yung nasa mempool.space. $4-$6 na worth ng fee macoconfirm na agad. Diyan kasi pagkakaalam ko sa Blockstream kapag sobrang dami mong nareceive na BTC tapos saka mo isesend ng isahan parang tumataas yung space niya kaya ang ending mataas din ang fee mo dahil sa size ng transaction mo.
At kung hindi naman urgent ang transaction mo, antayin mo nalang muna humupa ang congestion at bababa din naman yan at yun nga lang hindi natin alam kung kailan.
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Dahil sa extension na binigay para sa Simcard registration ay nagkaroon parin ng pagkakataon ang mga opportunista na makapasok para nakawin ang mga importanteng files ng isang mobile users.
Di gets anu related ng extension ng sim card registration sa list na binigay mo. Although yung list is to avoid scams at hacks pero those are existing way ng hacks at scams to be avoided. Tingin ko para sa mga spam text messages ang tinutukoy niya pero di lang na-specify. Napakaraming mga kababayan natin ang nasisimutan ng pera lalo na sa Gcash, gayung laging pina paalala kung paano ma sesecure ang account natin, pero ngayung may sim verification yung mga ganito siguradong mababawasan dahil pwede na ma trace kung sino ang nasa likod ng mga Gcash na nagnanakaw ng cash.
Sa mga issue ng hack sa Gcash, ayaw kong mag-victim blame pero ganun naman talaga ang nangyayari. Lack of self awareness sila at di nila inaamin na sila ang mali dun na meron silang clinick na mga phishing links. Kasi ako naman matagal na akong nagg-gcash at wala namang nangyari at partida hindi pa naka-2FA ang gcash ko pero never nawalan ng laman dahil sa hack (maliban nalang kunan ni misis). Pero seryoso, sa totoo lang, nabibiktima sila ng two types ng scam/phishing. Yung isa sa mga links through email at yung isa naman through phone calls nagpapakilala na need nila iverify yung user at hihingin mga details pati yung pincode at sms code, yung typical na scam na nangyayari.
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I think it's not only the problem of altcoin market or ETH in general, but if you look at BTC mempool right now, it's up to more than $7 to do a transaction. I haven't seen this one since 2017 mempool clogging.
The same thing, the last time I've seen the fees to be this high and even higher was during that year. So this is very bad for the whole crypto market in general, investors and traders are going to be frustrated. I know that it's going to be cleared, but if you are in a hurry and wanted to send someone some ETH or BTC to exchange to Fiat then this is the bad time. I'm not looking for a fix, just hoping that it will be cleared as soon as possible to enjoy the benefits, just saying.
And it will be even gonna frustrating to see when these media again publish how expensive the fees are. It's going to be another fiesta for those media that don't agree with crypto and are just waiting for some events like this for them to give exposure to the public. Sure, it will be another great headline for them that will easily trigger a lot of readers whether pro or anti-crypto. That's how their business works but they're on the position to do that because they're on that business.
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Whenever I see people tracking their investments with spreadsheets, I'm actually amazed at your management skills guys. It is because it is no longer common today but then, it's great to see people that still does it manually because there's something that's beyond explanation why people still like using it. And based from everyone's suggestion in here, here goes the recap of trackers: - coinmarketcap
- coingecko
- Blockfolio
- Delta app
- Ledger app/live
But for those that have mentioned Blockfolio, it's now part of FTX and we all knew what happened to FTX.
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Is it safe for a Bitcoin trader to quit their jobs and focus solely on Bitcoin trading if they can devote their time and attention to maximize the benefits in the Bitcoin world?
It's safe but one that has become full-time in trading bitcoin has understood the risk that he's going to take. I advice you not to quit your job while trading bitcoin. You can do the same thing at the same time without even the need for you to resign from your job. This is a risky market and volatility shouldn't be taken easily since you're still new to this. A full time trader can't only be found in Bitcoin but also in other markets like stocks, you'll see people that have committed and decided to go full time with those because they know that they can.
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How do we identify the best coin
There's no need to identify the best coin to invest in because that crown goes always to none other than, Bitcoin. and the period to invest in these types of coins?
It's best to invest when you've got money ready to invest. If you want to invest now and the price could be lower than your set price but you've got no money, then start with the most basic thing when is the best time to buy that is when you've got money and you're totally all set that you'll buy no matter what. And as it's part of the foundation and a factor for someone before investing it. Please do remember the most common suggestion of DYOR.
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The amount of money in circulation continues to increase will cause inflation in a country, this will have an impact on prices which will also continue to rise. If the amount of money in circulation doubles, prices will also double. An increase in the amount of money in circulation can occur, for example, if the government uses a deficit budget system.
Not just that, the other factor is an increase in oil prices. Everything that we consume is being transported and these vehicles are required to have oil or petrol for their transport. And that affects the commodities and goods to have higher prices so, with these situations that we're having, it takes a lot of effort for a government to take down these price hikes. But I know that there are counties that manages to lessen the inflation rate that they're taking and that's also because of good governance and how they're planning well dealing with these unforeseen incidents related to economy.
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When you buy them, there's the spread and that's considered by many as the fees. As for the transfer, it depends to the exchange or platform where you'll be doing that. Some may have a bit of fee and some are free to do so but don't you worry, when you withdraw that from any platform, it's not going to cost you that much. But the problem today is that the mempool is quite clogged and expect a couple of bucks could be the calculation for the transfer fees.
Thank you very much!!! Sure thing. I believe that the purpose of the thread has been served and you've got answers already, now it's time for you to lock this thread if you've got no more any questions. If you still got some in the future and if it's still related to this topic, you can unlock and re-open it.
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We'll see later if they'll have a comeback and make it a tie for the 2nd game.
And the Golden State Warriors ultimately destroys the Lakers in game 2 just like I have said new generations are defeated by those with more experience, it is new ground when it comes to the playoffs going for the finals, at first the Lakers have a great lead on the start of the game but the Warriors suddenly goes berserk with their score on the 2nd and 3rd quarter that led them leading the game, and this time Anthony Davis can not do something about it, it passed them, the score of the Warriors, and this time Klay Thompson was shaken and baken the Los Angeles Lakers it was an utter defeat, Yeah, they just did. Sometimes we see those great moments for AD but not just this time. Well, good for the Warriors for tying the series into 1-1, maybe this will take up to game 7 just as what everybody wants to see. Follow your gut, sometimes we ignore it and it tends out to be true. We're just a few hours away from the 2nd game and in stake's odds, the Lakers got some better odds and probably in other bookies too. So choose what you want to bet.
Well, if you follow your guts, you got good guts, that was a triple G for you if you follow your guts, the Warriors did splendidly and a master-class lead on the Lakers for this game, a truly remarkable play for them, I really think this will continue until the 3rd game, that is my guts were telling me right now, I haven't made a bet for today's game because I fell asleep early but next game for sure I will make my bet on it, Nice, if that's what your gut is telling you then it could be true. No one can say it better but only you. So if you think that this win will be extended by the Warriors up to game 3, do it mate.
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@OP, if you can afford to buy those now. I tell you to just do it because we'll never know how high bitcoin and Ethereum can go. Bitcoin could go up back more than the last price of it during the peak of its bull run and also the same goes for Ethereum. If you can afford to have 1 BTC and 1 ETH, you're blessed enough that you've got enough capital for buying that and don't wait any longer because price might be more expensive later.
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