Not everyone can afford to invest in BTC, due to lack of capital
There is an important distinction related to the point that you seem to be wanting to make, which seems to be that you are missing some nuance in regards to what makes a person able or unable to invest. There is some correctness that if a person lacks capital, then he may well not be able to invest into bitcoin or anything else, yet the more important point would be that a person's ability to invest in bitcoin or anything else relates to the extent to which he has discretionary income. So in that sense there is no requirement that anyone has any capital at all in order to invest into bitcoin, and so the main requirement is that a person has discretionary income - and sure, a person who has a lot of capital may well be able to invest into bitcoin by moving his capital from certain kinds of assets into bitcoin, so there could be exceptions to any proclamation - even though we already know that it is not required to have any capital to invest into bitcoin so long as you have discretionary, even though having capital could be another way to establish an investment into bitcoin. but at least if you want and want to why not, and I agree with what you said about the DCA method which is intended for these people.
So are you admitting that there is no need for capital to invest into bitcoin? But isn't it better to collect money first for some people who are unlucky or whose jobs are below minimum wage.
With something like bitcoin, many times it is better to get started as soon as possible, especially once you have figured out that you have discretionary income. Now you might have a lot of messiness in your cashflows and your psychology, so you may well need to get some of those things in order, yet I would not presume that it mis necessary to get your finances and psychology in order prior to getting started in your investment into bitcoin, unless your situation happens to be so bad that you are not even able to figure out with any level of confidence whether you actually have discretionary income or not. Even though a large number of people might have a lot of complications in their finances and perhaps even lacking in their abilities to manage their finances very well. Most likely an overwhelming number of folks should be able to tell you wether they have $100 per week or maybe $10 per week that they would be able to spare or throw away (meaning that it is extra and not needed to cover their expenses). When folks have really small amounts of extra income and a lot of disorganization in their finances, it is likely more important that they start out more slowly and that they also spend time getting their shit figured out, but that still may well not justify waiting rather than getting started right away with some small amount of discretionary income that can be figured out. If there is no way to establish the existence of discretionary income, then those people need to make sure that they have discretionary income before they can start to invest into bitcoin. Because if they try to invest even if it's only a little bit of what they can afford, wouldn't it hamper their finances more
Yes... if they have figured out that they actually do not have discretionary, then the should not be investing into bitcoin, because if they were to do that they would be gambling rather than investing. They need to be able to put the money into bitcoin and have a certain level of confidence that they are not going to need such money for 4-10 years or longer and also understand the risk that the amount that they put in could go to zero (meaning they could lose up to 100% of the amount that they put into bitcoin, so they have to be ready, willing and able to accept that possibility, and if they are not able to do that, then their finances and psychology is not ready to invest into bitcoin). , and would it be more risky for their own lives, because investing is not far from the risks they will face. Isn't it better to be slow but sure to minimize something that is not wanted?
No it is not better to be slow. It is better to figure your shit out, and either you have disposable income or not. If you have disposable income, then it is better to get started investing into bitcoin as soon as possible and figure out some kind of a system. Otherwise, if you figured out that you either do not have disposable income, then you should realize that you are not able to invest into bitcoin until you are sure that you have disposable income and then you can ONLY invest into bitcoin up to 100% of the amount of your disposable income, but if you are not sure if you have disposable income then you cannot invest into bitcoin. I would not call that waiting, but instead you either have disposable income or you do not, and if you do not have it you cannot (or should not) be investing into bitcoin, and if you are not sure if you have disposable income or not, then you are likely in the same situation of not having it.. because you need to be clear that you actually have disposable income in order to invest into bitcoin, otherwise you are gambling and not investing. It is very clear that one's inability to invest in bitcoin or whatever it is that is prioritized is capital. Because there are constraints with one's inability to invest. The inability is based on his job. Very different from people who are capable because basically people who are capable because there is the ability and there are no obstacles to investing. it is very clear what you say the main requirement is additional income, but if in the position of someone who works only in one job with a salary below the minimum wage. And there is no additional income, will it be very inhibiting to start as soon as possible and not collect money first. For some people there may be those who invest without capital, but for others or most people the main requirement is capital, on the contrary I have not found people who invest without capital, in my opinion, I do not agree with the absence of capital, because the slightest thing, the will or desire of a person can be said to be capital, to be confident. If a person is only focused on one job, and there is no additional income or perhaps additional income each country is different. If for example there is additional income and each country is different from the additional income, is it possible to start as soon as possible, it will be very risky, and in my opinion if we start investing in BTC by starting 1 year or maybe 3 years to come, I think it's a good decision too, because seeing from the first BTC came out and until now it is still stable. Collecting money at first as you mentioned will only ruin your investment cause at that early stage of investment you should not bother about profit for needs or making quick money rather you should build your investment gradually even if it takes time not minding the time duration. Bitcoin investment gives room for long term planning so an investor who find it difficult can still plan and invest. Just a quick question, how sure can you tell if bitcoin price will remain in a stable range for the next 2 or 3 years, honestly speaking the best time to buy bitcoin is now so you should take the opportunity and invest. The mistake most people get when it comes to capital and investment mostly bitcoin investment is just simple, it’s never a must to start with huge amount at first or generally, you just need to start with what you have at the moment and gradually you’ll make progress as time goes on. |
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I recently created a post asking if I should buy bitcoin now or wait for the dip, and majority of the response I got from the post, advised that I should buy now rather than waiting for the dip due to its volatile nature, and I'm satisfied with this response and I'm willing to bear the risk.
Reason for all these questioning, I have a dream of becoming a long term bitcoin holder but, dreams aren't achieved with words alone, an action is needed for the start up, so I have decided to sell one of my less used phone for the purpose of buying bitcoin.
I'm really eager to purchase my first bitcoin in satoshi.
When you invest in Bitcoin investment is up to you, but if you invest in the right market and hold that investment for the long term, your chances of profit will definitely be high. If you don't want to invest right now, you can certainly wait for a big dumping market. Moreover, you can take another plan, in which case you can divide your investment into different percentages and invest in DCA method, in which case you invest in different markets, at different prices. The part you mentioned an investor should wait for the dump which is referred as price decline is actually not right from my understanding, what’s the point waiting when anyone can start their investment using the right strategy and still acquire bitcoin knowledge at the same time. The only point about the dip it allows an investor to accumulate more but, waiting is not advisable mostly for newly investors. Right market sometimes doesn’t matter cause you might be missing out just by waiting for a right market. |
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Imo i believe the optimum allocation is subjective based on individuals income, country, goal, and attitude towards risk.
The DCA amount allocated for the month
I guess doesn't have to be once a month but could be spread across the days in a month especially during a correction or dip.
One of the benefits of accumulating bitcoin with the DCA strategy is to control your emotions, and your idea of accumulating bitcoin with the DCA strategy cannot help investors control their emotions because they are interested in timing the market to buy the dip. Anytime they accumulate bitcoin and there is a little dip, they will regret buying bitcoin at the wrong time. The DCA strategy should be done in such a way that we set out a particular date to accumulate Bitcoin monthly. For instance, we can set out to accumulate bitcoin every 5th of the new month since monthly salaries are paid at the end of each month, and sometimes it might be delayed. And when the date comes, we can accumulate bitcoin even though the price is increasing or decreasing. When people mention emotions, honestly speaking I don’t understand the emotion attach to bitcoin investment or are they’re referring to bitcoin price movement which is not suppose to be a problem rather an opportunity for investors to accumulate bitcoin. Concerning the market dip, anyone can use any strategy their finance can withstand but it’s best an investor invest rather than waiting for the dip mostly newbies who have not gotten much should not wait but start as soon as possible. Buy with spare funds and hide the balance
It would shock you one day the amount you would find there when you go finally check.
maybe we can make a little adjustments to this statement and rather say, Buy with the right amount of funds and take your eyes off it. the concept of buying with your spare funds will tend yo suggest that you have to nake all the expenses that you have and then whatever is left will go into investing into Bitcoin. You can't really do too well in your accumilation journey if you buy your Bitcoin with such kind of idea. You don’t invest with spare money, it sound as a disrespect or lack of trust from my view cause when referring something as spare it’s considered as a leftover or not so important but rather you invest with your satisfied amount for example, each time I receive my monthly pay I make sure bitcoin budget is involve cause bitcoin investment is so valuable so I can’t afford to miss the date set for accumulating sometimes I use my monthly bonus to accumulate cause I know I can hold for long and still plan ahead, if you’re referring your accumulating money as a spare amount you’re actually trying to say you can miss the date set cause what if there’s no spare money during that month. |
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You are getting it all wrong because reducing your accumulation amounts if you are having some financial challenges can never lead you into giving up an investment because if the the source of income is low and the needs are a little bit high cutting down a bit of your accumulation will actually allow you to balance, however on the contrary your narrative on or rather your mindset could lead you into trouble on your investment if you are not able to Identify when the need to adjust your accumulation amounts arises, however if I may ask for instance your normal weekly accumulation is $20 while your monthly salary is $100 but on the process your salary drops to $60 on a monthly basis and your needs has increase would you reduce your accumulation amounts to either $5 or $10 weekly? Or would you continue with your normal $20 weekly?, because for me at this points $20 weekly is actually being aggressive and could get you into trouble.
t's okay to adjust your investment strategy as your circumstances change. The goal is to prioritize your well-being while still building a secure financial future. Meanwhile it may sound easy for old investors while new investors find it very challenging, and they do not the right approach during such situation. If an investor new or old is using dca as his investment strategy then it is quite simple here, since dca involves investing a particular percentage, what we should do is to calculate the right percentage based on the new income rate so that there will be still balance in the investment and other necessary things. Also, at this point if the investor was buying aggressively or was diversifying into other assets he needs to stop for some time, the criteria should be finding a way to come back up with enough money which means it is good he channel the money into other business or something that would give him more money so that he would go back to the way things were or more. Basically the reason why it’s best to adjust is because we want the best for our bitcoin investment, the reason why I mentioned investment is because if an investor refuse to adjust for awhile when facing challenges the investor might end up finishing their emergency funds which is not advisable and when there’s no room for adjustment I believe the investor will go for his reserve and other funds which make their accumulation go smoothly and will end up withdrawing his bitcoin investment so quickly because there’s no sufficient money to balance their needs. I’m just creating an example so at this point the investor will be tag as a greedy investor who loss at end. Sometimes I reason generally, people chase after big things and end up losing it so quickly, why not adjust for awhile till when there’s a better source of income cause I’m sure adjusting using a different amount can still build a good portfolio if only the investor continues without missing the date set for accumulating. Secondly if we adjust due to challenges, we can still increase after everything and sometimes we end up earning higher and increase far beyond previous amount. What I understood by buying aggressive and I practice is it takes gradual process not just going all into at once, I will definitely increase my accumulation amount as time goes on at my comfortable zone cause there’s no law that state dca strategy must go with a fixed amount rather you can increase anytime you have the amount. |
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Levels of aggressiveness should not be measured in absolute terms, but instead within the amount of discretionary income that you have, and so yeah a person with higher income could buy more BTC but that does not necessarily make him more aggressive than someone with lower income and who might be using all of his discretionary income to buy BTC. Maybe we can take some extreme examples.
One guy has $100 per month of discretionary income and he uses all of it to buy BTC.. This guy is quite aggressive and maybe even bordering on over aggressiveness (especially if he miscalculates his expenses or if he does not have reserves in place).
Another guy has $2k per month of discretionary income and he invests around $100 per week into bitcoin, which might be considered moderate and maybe even whimpy.
Of course it is true that someone can increase purchases aggressively when their finances increase from the income they earn. I think everyone has an uncertain income in their job like a monthly bonus from where they work. so their routine of executing $10 per week can certainly change to be more aggressive such as increasing it to $50. I even often do this where when my finances improve from average or get a bonus, of course I can increase to be more aggressive in the next purchase. So, if income is relatively stable, of course we will return to the initial planning by executing at the usual level that we have done. Without realizing it, over a long period of time, our BTC holdings increased faster than the initial plan because at each stage we could act aggressively or continue to try to increase the amount of purchases to become larger. This comprises the investment journey of an average investor. I feel that only the rich are comfortably being aggressive in their investment and not everyone has an uncertain income in their job. There are investors that has a fixed income for a long time and by so doing they only stick to buying through DCA. That may be true, but honestly I don't think it's right to say that rich people are “comfortable” being aggressive in terms of their bitcoin investment involvement, because I think no matter how rich you are if for example you treat investments that always tend to lead to aggressive actions then surely there will be at least some tension and pressure that you will most likely feel because of the fear of experiencing losses. So maybe it's more accurate to say that rich people are those who are “likely” to be able to try some aggressive actions in their investments. In terms of income yes I agree with you that not everyone has a steady income or income in life, but it is a fact that often the problem of uncertain income is what makes investors have to experience delays, on the other hand I believe that DCA is an effective way to maximize future profits but sometimes when you are experiencing problems in terms of income in your life then it is definitely possible for you to experience delays in allocation that can interfere with something that should be done with consistency, I don't know whether or not luck of the draw plays a role here, but certainly success is more likely when you have a good, stagnant income without any problems which makes it easier to maintain your DCA strategy. Agbamoni is right about rich people being more aggressive than the average and poor. This because, the rich has different sources of income in which one of them can serve as his emergency funds already built and he does not need to start building up an emergency funds. Also he will also have funds available at all time to enable him buy bitcoin with the three buying strategies which is the dip, regular DCA and lump sum. You should also note that the size of your emergency funds is what will determine how aggressive you will be. This is why the rich will not feel any tension or pressure and the fear of running at loss because they know what they are investing in that they will not be selling it too soon but hodli for a long term because they know it is an investment and they understand what an investment is. They can survive without thinking of their bitcoin investment. This is correct as wealthy investors can invest aggressively without any trouble, taking for example a lot of wealthy investors who started buying aggressively from their early investment and still managed every necessity to push the investment aggressively like the reserve, emergency funds being in order. Even if any investor will be willing to invest aggressively as other wealthy investors the investor should reason first if they’re comfortable being too aggressive mostly cause not all investor will invest same way as most of them will take time to learn and plan more before going all and even before all this they’ll have to consider their emergency funds and planning. Secondly any wealthy investor who has chosen the part to buy aggressively should be consistent as investing in bitcoin requires consistent not minding any strategy including the dca strategy also. |
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To me i think there are some part of the world that still don't know anything about Bitcoin, because there are people in USA, UK, Australia, Canada, China,etc. even in Nigeria there are people that don't know anything about Bitcoin, they always think that Bitcoin is a scam, but people that know about it are making thousand of Dollars,($) I think they don't know that we are in a digital world now.
Do you really expect everyone to know what’s bitcoin, like when talking of the world, the world is far beyond the countries you mentioned and from my view countries like Canada, USA, China are more better when it comes to modern technology. You don’t expect much from any country like op mentioned the world that consist of billions of people, even within such large number range not all can afford a better life talk less of bitcoin awareness. Aside poverty, most people don’t associate with the internet for research and work etc, they just live a simple life nothing else. Some category of people think everything concerning the internet associated with money can serve as a scam scheme, everyone with their different opinion and decision why they don’t want bitcoin. No one should bother anyone about bitcoin from my opinion as bitcoin will grow with or without anyone opinion |
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I must tell you the truth there is nothing like a safe heaven. No one knows what the future would be, calling Bitcoin a safe heaven is like saying there is nothing that could possibly go wrong if we invest in Bitcoin. Investment is a risk and there is risk in investing in Bitcoin as an asset. The reason why Bitcoin is the most preferred asset that is being preached about to invest in is because it has proven itself over the years to not fail. And people who had invested in it has gotten good profit since the existence of Bitcoin.
I love the part you mentioned profit since existence but let’s be realistic, not everyone will even enjoy the benefit cause bitcoin investment is not an easy investment so an investor should not think because someone else invested and earn profit someone else can earn without understanding bitcoin investment . Aside the volatile market people get scared of what’s really the problem cause I don’t understand. When an asset is considered as a safe haven, you see demand endless, ability to regain value after an event. Inflation can’t affect bitcoin so what’s stopping bitcoin from being a valuable investment choice although no investment is risk free likewise other investment. From my opinion generally no investment is worth answering a safe haven, we can’t really tell 10 years from now what bitcoin investment will look like but, for the fact we hold and invest bitcoin remains a valuable investment. |
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Interesting, this kind of gamble addiction need a great loss to stop gambling, the story is totally different from other addict sharing their experience. It seems the person in question want to try the possible best to stop but the urge keep coming or the mindset of wanting more, wanting more is never guarantee as this is one of the reason people still go back and gamble hoping for a positive result rather the person is growing an improper habit whereby they can’t do without gambling wins. I experienced similar story that happened in a casino shop, when the gambler won a bet he never expected but, the amount is worth gambling. This gambler had a wrong impression gambling again with the money he won the next day, everyone watched him finish everything again. I thought about gamblers who gamble and refuse to do something meaningful with the money because this is another problem most gamblers face.
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I think the biggest problem for newly established businesses is that:
a) since they're new, they are much more likely to have some bugs or things not working as they should, which makes them more prone to receiving bad feedback; If there is a way that these new businesses can have their customer representative respond quickly to these bad reviews offer solution or alternative ways that suits the customers then, new customers with bad reviews may see that these business is actually responsive and working towards a solution. That's one way fix the bad reputation problem. The thing is that no matter how they go about their business even if it's the smoothest way possible there are still going to be some customers who aren't satisfied and that's just human direct nature and there is nothing you can do to stop that and besides just like what dothebeats said if a bad review is dropped it can't be changed so the best they could all do is just to do everything so that the good reviews are more because some gambling new customer would definitely rely on that when approaching the casino. If negative reviews can’t be deleted I think they can edit the review after everything, most people fail to read about the casino rules or rather they fail to understand what’s called feedback. The rate at which people just jump into conclusion without seeking the help center or report a problem privately is very wrong. I like it when businesses or website pay attention to such negative reviews cause everyone is actually watching what will be the development team next move after a negative feedback. Reviews like this will stand but, personally I also watch out for a respond. |
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This Manchester United team that has showed up today is playing a very impressive game such that Arsenal has been put under pressure & limiting their attacking chances, and if they played like this every weekend I don't think United would have been far back from the top four club's. Btw, if you ask me United look hungry to stop Arsenal from getting an easy 3 points that would push them closer to the EPL title but let's see how this goes...
Edit :
Arsenal found the back of the net, now we have a game on our hands...
Well , you're right. United had their best game in the last 2 months I would say but it was still not enough to take 1 point or even score once against Arsenal and overall , the team who had more desire to win ended up as winners. Now for Arsenal the real title race has begun and every single mistake from City or from them will basically cost the title but hopefully the title race will be going on until last game where honestly I do expect Arsenal to be crowned as champions of EPL 23/24 season.  I actually expected more from Arsenal no doubt, maybe cause Manchester United fooled throughout the season so I had no option looking down on Manchester United. Great performance from both team, Manchester United dominated excellent with countless chance and yet no goal is actually surprising. Arsenal at the other hand defended greatly making the match look tense and tough although Arsenal managed to secure 3 points against Manchester United and Everton left to face Arsenal this season. I’m rooting for Arsenal this season and I hope to see Arsenal win the title hopefully. |
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Self control is needed for any gambler to know they’re over gambling and they need to stop, I heard several emotional stories online about gamble addict, people taking their life just because they gambled owing debt, marriage conflict etc so I had to restructure my gambling habit, restructuring an addictive habit is so difficult that’s why I hardly blame an addict who want to change badly as all this requires gradual process. Regardless our choice being a responsible gambler, gambling is actually fun but, sometimes I feel like quitting for a while cause of the excess loss.
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We can't really tell, as both gender have different individuals as personality varies wether male or female. Some female are more emotionally balanced than Male, vice versa. This gears down to how each individual cope with losses and remedies they tend to use to avoid being wreck thus become addiction-free.
So generalization of this will be wrong, female are also strong and capable of some things.
Hard to tell not unless you make your survey or study regarding this, what we can know is that human are too emotional and if you are into gambling, that emotion might bring you into a bigger problem especially if you didn’t know how to control it. Some studies says that men are too emotional while the others tells the opposite, i believe once you are into gambling you should forget your emotion and just focus on the real situation. I guess gender is basically not considered when gambling or as a gambler I believe both male and female can get emotional but, according to research female gamblers easily quit showing how they get angry quickly. It’s best a gambler quit due to the inability of not being able to withstand gambling lose than being emotional and still wanting to gamble with any little chance. What I observed about gambling is the most discipline gambler still get angry most times when they never expected a loss, all this can take place not minding the gender as most people will say gambling is just a game so there’s nothing so serious but I doubt this. The moment a gambler is soft minded such person can easily develop emotion losing a bet. |
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We all know that the best side for tomorrow will be Arsenal, having the best defense, the highest goals scored and also highest clean sheets. We don't need to be told how well they will penetrate Manchester United midfielder's and defender's tommorow.
Two more games for Pep Guardiola, to the next would be a great game against Tottenham Hotspur I feel like this is tue most competitive of them all and we Gon see wat they can do.
I'm not just Gon give up on Arsenal winning the Premier League Competition already. Failing isn't a bad thing, but not this season, they do deserve it.
The hope left right now is so low, Arsenal will definitely defeat Manchester United but, Arsenal winning the title this season is actually unpredictable so putting confidence now is not important. Arsenal really deserve the title no doubt cause they’ve played endless bring out their A game pursuing the title and same thing happened last season, at least Manchester City still have a chance in FA cup and epl title so best luck to city meanwhile Arsenal just have the epl title. Tomorrow match will definitely be an interesting one to watch as Manchester United and Arsenal will face again at old Trafford, let’s watch if history will repeat itself again but I’m sure Arsenal will not miss any chance to United. |
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Hi everyone,
Casinos are known for having rewards , which are almost the same in all of them and do not differ much. For example, the welcome bonuses that players get after making deposits, free spins, bonuses, etc. Although there is some difference in small details from one casino to another, their goal remains to promote and attract more visitors , players, and the positive thing here is that these rewards are motivating and give the player a distinctive gaming experience full of entertainment and fun.
Do you research the casino features before playing? Do you find these features useful for the casino and the player at the same time?
Definitely, a quality features and development can attract more customers especially competitive offers like free bonus and other fun activities can easily lure any gambler to the casino site. I remembered visiting a casino and from the start no amazing offer, I love casino with competitive offers so my first research will be about their promising rewards after competition and game secondly the service offered. Personally I consider all this before using the casino but, few casino lacking offers like this can still create a perfect and comfortable space for users, all this are part of marketing competition when users get to make their choice differently |
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What I understood and I will definitely practice after building my bitcoin portfolio is diversification. I can’t go into bitcoin 100% fully without owning other asset, I can as well build my bitcoin portfolio after withdrawing for other investment choice. Ending bitcoin investment is not even right after spending so many years building a quality portfolio, withdrawing has a different strategy so an investor don’t end up messing around with their investment all just for withdrawing profit. Everyone will decide what’s best for their well being likewise decision making in terms of investment choice and profit, every investor will set a goal before thinking of investing with different plans.
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I see that current youth is inspired by celebrities and influencers in big way. Did you also start investing in bitcoin because of some celebrity ? Or you know people who belong to that category ? Is it a wise decision to do so or we should do our own research for better results ?
Make your choice and decision moreover you’re the one controlling your money and making financial decision. I dislike influencers and advert not just crypto related advert but, mostly every advert create by an influencer just to promote a website etc. most celebrities live a fake life so you don’t know if they’re genuinely involve in any coin being promoted on their page, Ronaldo for example and a lot of celebrities end up promoting an unknown website etc. Bitcoin is good and trusted but, still doesn’t show any interest if you invest just because your favorite celebrity invest too. I got my bitcoin investment advice from a friend not a celebrity, at that point I still had to make research about bitcoin investment, learn more about bitcoin and still in the process. |
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It can be very improper and unrealistic for any one to assert that historical events will determine that of the future, every investor should always know that historical events is never a guarantee for the future events rather it only give a guide, a lot of forks has failed to be knowledgeable about this fact.
From things that have happened and have become history at this time, it is indeed appropriate to be used as a guide and nothing more than that, because the guarantee of making a profit in the future is not determined by events that have occurred in the past. Because different things are always possible to happen to the market and Bitcoin and can also give birth to new history as we have seen this year where Bitcoin's ATH occurred before the halving. Meanwhile, in the past, this was not the case, so holding on to historical benchmarks will not always be correct, especially as conditions can change every year. This is right, this is the major reason past pattern is also not guarantee although an investor can still follow same investment planning as usual following the due process before buying weekly or monthly but, hoping for previous performance to take place again over over is not guarantee. As most people will say history repeats itself but I don’t consider a volatile asset like bitcoin to follow same track each circle from my view, although at this moment most people will get impatient due to high expectations from the market and people like this usually follow past performance saying bitcoin price look stagnant cause they actually expected more. Personally as a newly investor my hope is not directed to bitcoin price movement but, I keep accumulating cause times like this is just an opportunity to buy and hold more. |
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Users must take their own security measures that can be susceptible to mistakes and attacks. I must say non custodial wallet is a good one but one must be ready to take responsibilities privacy, wallet security, protection against fraud.
Nothing is so perfect like excess perfect, we just have to choose the best among different options and honestly speaking, non custodial wallet is not so difficult as people view it. I will prefer to learn and use non custodial wallet rather than storing my coin with a third party, bitcoin initially has to do with privacy and security so seeing any investor running form responsibilities is not ready yet as the best option is privacy and gaining control of your coin. Sometimes I wonder about third party wallet cause from my opinion third party service is similar to bank service meanwhile bitcoin is freedom from third party so what’s the point. |
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Crude is one of the most valuable natural resources in the world but if you look around many oil producing states are facing serious economic challenges. Before now crude used to be valuable and made many countries wealthy but now nothing like that again. Is it that these natural resources are not enough to keep us going?
Hydro and electricity is making crude to become irrelevant that is why it is not bringing much value, and people still depend on crude.
The issue you mentioned about hydro and electricity physics and chemistry related is not accurate, although countries depending on crude oil only will not gain value and if you want to compare during the past don’t forget population will increase massively and development will take place. Nothing happened to natural resources but, mono-product economy can affect the growth of a country whereby a country only depend on just one source like crude oil meanwhile there’s a lot to settle, allocation, infrastructure etc with all the bad leaders taking loan when not even necessary. I feel the need emphasizing on poor economy structure (mono production) with bad leaders cause crude oil can’t fight everything but if a country source of wealth comes from different angles I believe things will look more better. |
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I am not one to judge but every gambling addict I have meant are encountering trust issues in their relationships. It has affected them so much that they do not mind deceiving others just to be able to gamble. You see them sitting quiet and sober whenever they lose. They avoid all forms of human interactions and it affects their social and support networks. I think that anyone who is willing to speak up and intentionally seek for help will have someone running to save them.
People who are addicted to gambling will never think twice about cheating people to gain money. Gambling addicts will never think twice about cheating on their family members what they would cheat on others. I have a neighbor here who is so addicted to gambling that he doesn't earn any cash but the family is constantly taking money from his parents and wasting money by gambling. When his parents say something, he gets angry. Constantly takes money from his mother if his mother doesn't give him money he even lays his hand on his mother. After seeing how gambling is really harmful to a person or gambling turns a healthy life into an unhealthy environment. Play for them. Of course, everyone should refrain from such gambling so that his family's happiness and peace will be maintained and he will be able to live a healthy life. I dislike seeing addict disturb their parent for gambling funds as this is controversial because the parent will have no option but to provide the money. At that state the gambler is already developing an irresponsible habit so by the time the gambler in question is grown with his own family will he still come to disturb his mom or by then the gambler will develop self control. The financial loss is being an addict and irresponsible at same time cause it’s so difficult for some addict to buy something valuable with the money they have rather they go gambling always. The best thing any gambler can do is leave placing a bet when they don’t have the budget or else any gambler can easily turn to an addict the moment they feel like playing always. |
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