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201  Economy / Gambling discussion / Re: Indian Premier League #IPL Cricket on: April 29, 2024, 03:30:36 PM


Kolkata won the previous match against Delhi by a huge margin of 106 runs. A huge target of 273 runs was given by the Kolkata team. On the other hand, Delhi players were able to collect up to 166 runs. Kolkata team got a nice win.

Having lost the previous match by a big margin, the Delhi captain won the toss and decided to bat first in this match. But even in today's match, Delhi is not playing well. Delhi managed to collect 80 runs in 9 overs. Despite a good enough run rate, the Delhi team has already lost 4 wickets. It will be very difficult for Delhi to give away big targets in this match. going on Given a target of 150-160, Delhi has no chance of winning. Kolkata batsmen are in good form.
In the last match KKR could not win the match despite having a big collection which was unfortunate for them. Chasing the score of 261 runs which is not a less score in T20 cricket, Punjab Kings won the match with few balls to spare. The big shock they suffered in that match will not happen in today's match. If Delhi Capitals give even a big target today I think Kolkata will make the match an easy tie. As both teams have potential, the match will definitely be competitive. Delhi Capitals have come back in several matches. Their current performance is quite commendable. Kolkata match is high scoring so today we are going to see another big scoring match.
202  Economy / Gambling discussion / Re: Another health benefit of online gambling on: April 29, 2024, 02:29:39 PM

So yes, of course I think we already understand this, that although gambling can be quite fun, on the other hand, we also have to think about the negative impacts, especially if you are sick, where your health could get worse if you experience some of the impacts it causes. by gambling, so in my opinion using gambling as a medium to entertain and relieve boredom when you are sick is too risky, I think there are many other things you can do such as playing regular games or watching Netflix.

It is true, everyone's opinion will be different if they think gambling is very risky when someone is sick. I don't blame you for your opinion just now and the most important thing is whether we are healthy or sick, if we want to gamble we must keep control of our limits. This is very appropriate because basically playing gambling is not just entertainment when you are bored, but we can also get the opportunity to win, otherwise we will definitely face high risks too. Therefore, play with appropriate limits when considering the situations and conditions we experience ourselves.
We have seen many instances on the past about people losing control even when they are healthy and they have not consumed any substance that may impair their judgment, so doing this while being sick and taking medicines which could produce such an effect is not a good idea if you ask me, as even if I understand that a person in that situation wants to get some form of entertainment in order to distract themselves, I do not think gambling in such condition is the best way to do this.
Gambling can give a person temporary pleasure. If the gambler is healthy but if he is sick and at that time the plan to keep himself healthy by gambling is not necessarily correct. I think it's better for people with health risks to stay away from gambling until they recover. There are many instances where many have become seriously ill due to gambling losses. If the gambler is not aware of gambling then no one else will take responsibility. The gambler must take decisions carefully or else he will face many complications. There are many gamblers who have no problem with losses. Gambling is not suitable for those who are not ready to take sudden big losses even though the effect of gambling is not seen in their case. Moreover, gambling while ill is never supported.
203  Economy / Gambling discussion / Re: Why do some people hide to gamble on: April 29, 2024, 01:40:52 PM
The major challenge with gambling is the public condemnation of the act of gambling because many people believe that when someone gamble he or she is not responsible that is the reason why most People prefer to gamble in secret and keep it off the public space since they probably want to look responsible.


But for me, why I gamble in private is because of the fact that gambling can sometimes attract unnecessary attention most especially when you manage to win big, everyone one will want to share in the win when you gamble in public.
I agree with your thought. If gambling was universally accepted or if it was not considered as the lowest form of society then gambling would be positively accepted by all. But in the present situation, if someone gambles and is seen by others, he is ashamed of himself and others will make negative comments about him, which no gambler can take lightly. Moreover, it is true that gambling in public will disturb the gambling concentration which is annoying for the gambler. I myself try to stay away from the crowd when I'm gambling so that I don't have to be bothered by others. Moreover, there is definitely a need for a secluded environment to increase concentration, which will allow me to better resource my gambling activities.
204  Economy / Gambling discussion / Re: Rich or poor gambler, who should risk more? on: April 29, 2024, 01:13:15 PM

Ordinarily, a rich gambler have more resources to spend and risk into the gambling games than the poor gamblers but does not imply that they must take more risk, because everything depends on the habit or character of the individual involved.

Maybe your opinion is correct, indeed rich gamblers already have a lot of money so they can easily gamble without any obstacles whatsoever and for poor gamblers it is certain that if they want to gamble they have to think first about dividing the money for their daily needs and leaving some money behind. money to gamble when you want to play.
Yes, and for rich and poor gamblers, they both have to have proper self-control so that when they enter the world of gambling, they don't take too much risk there by gambling excessively.

Though there's similarities in terms of risk and the possibilities that both rich and poor will be engage and become addicted, but in terms of capabilities to play without thinking that much is in favor of rich gamblers, same with your arguments, rich people can easily deposit as they don't need to budget their finances in terms of allocating amount of money for their bankroll,

 while with poor gamblers, if they need to address other things before playing, they need to divide the money that they've got then use portion of it for gambling.

Things in terms of capabilities might be different but gambling is gambling and we can't deny that risk is always present.



Yes, and of course there are similarities and differences between rich gamblers and poor gamblers. It can be seen that rich gamblers dare to bet large amounts of money, while poor gamblers can only bet according to the money they have in their pockets.
And rich gamblers can gamble every day because their income is enough to support them, while poor gamblers will only gamble occasionally when they have money.
Yes, for a bad gambler, perhaps he will not consider gambling to be bad for his life on the basis that addiction is what makes him a bad gambler.
A relatively rich gambler does not get as much advantage for gambling as a poor gambler. A rich gambler doesn't need to worry too much after placing a bet because if he loses, it won't cost him much to arrange that money. But the opposite is true for poor gamblers. A poor gambler cannot take as much risk because he does not have enough money. Therefore, poor gamblers have fewer opportunities than rich gamblers. If a poor gambler gambles like a rich gambler, they cannot survive a moment of gambling. Of course people at these two levels have to have two types of strategies otherwise the poor gamblers won't be able to make much progress.
205  Economy / Gambling discussion / Re: Do you blame someone for your gambling losses? on: April 29, 2024, 01:00:07 PM
Even though what you said is true in that we can definitely know that there will be a lot of traits that a gambler has but in the end we also have to know that when blaming someone or something when losing in gambling is a silly thing and it's childish because they can't make a more decent thought for their age that is legal to gamble.
If that's the case why would they gamble because it's not a question of addiction or not but whether or not they are able to cope with the attitude we have when we are in a gambling situation.
Hahaha, that's right, in fact I think people who blame other people for their mistakes are stupid, even though before they decide to gamble, they must also understand that gambling is full of risks. If they lose, they should accept their defeat because the person who decided to gamble is themselves, blame other people for their own actions is a ridiculous act like a child who does not accept that he lost when playing with his friends and cries and complains to his parents that his friends are guilty of their own mistakes friends, gambling is an adult game and is not aimed at whiny people Grin

Gamblers who know their risks will act normally and never blame other people for their own mistakes due to their gambling. I have also never met someone who blames other people for their own mistakes. Maybe if I met them I would reprimand him and blame him for his own actions like a child.

Yeah right, seems like their pride and guilt that's why they don't accept the fact that it's their fault why they lose. this usually happens to first timer gamblers or those gamblers who are still a little ashamed to admit to themselves that they are the reason why they lost, it seems that is their initial reaction so as not to embarrass other people.They are not matured enough to handle the situation of losing in gambling that's why they are doing that childish act.
New gamblers often try gambling by their emotion. They consider gambling as a special scheme of money income at the beginning of gambling. They think that placing a bet there will increase their chances of winning. But when the results are different they get worried about it. At some point, they try to blame others for the fear that their assumptions and skills may be questioned due to repeated losses, thereby calling out their incompetence. Although he thinks it is wrong, he does not try to understand it. However, such behavior is not seen in those who have been in gambling for a long time. There may be some gamblers who naturally try to hide their own faults by blaming others.
206  Economy / Gambling discussion / Re: Gambling Wins: Your Money Was Returned to You. on: April 29, 2024, 11:44:19 AM
But from my experience (having that Beginners luck) i have first have winnings mate , I remember having taste the biggest win in my entire gambling career before tasting complete losses eventually.
but sadly that amount that I come to win in the beginning turns I lose all and extending my losses to more than 50x of that amount up to now.

So I learn that gambling isn't really a place where to take money, instead this is the place where we are buying Happiness and Fun and not continues wins.
I believe there is a theory that's also attached to this particular experience of yours which is the theory about the casino actually being the one's setting trap for the gamblers with that first massive win although it's hair a theory but almost everyone I know that won big on theor first trial always have this same story to tell about actually loosing all out to the casino in amount that's way above the actual amount they started with.
Every gamblers have their own say or let's say first experience with gamble, some gamblers didn't win on their first try and that's what makes them to gamble more so they can take back their loses. But there are some gamblers that win high amount of money and that's what also makes them to gambe more because they have experienced something that's somehow easy to them. But along the line they have gambled they will know that gamble is not a place to either chase loses or make money. However different gamblers with different perspectives, as some have known gamble to be a thing of fun and entertainments, there are also more gamblers who thinks it's a game of making more money and those sets of gamblers are the ones that chase their loses.
There are some new gamblers who want to win at the beginning and keep betting because of that excitement. There are also some gamblers who place bets to recover their losses after a loss. But apart from these two categories of people there are some gamblers who place bets to win more. Their aim is to make big money from gambling. But when they lose money instead of making money, they become addicted to it. Gambling win or lose if a gambler does not consider it a source of income then gambling is not a problem. A gambler can be worthwhile if gambling is enjoyed and not as a source of income.
207  Economy / Gambling discussion / Re: Women's Cricket Prediction & Discussion - T20 & ODI on: April 29, 2024, 11:15:23 AM
Seems like there is no luck for the Pakistan women's team and they lost another match and many loss another series on their home ground. Pakistan managed to score only 121 runs in their 20 overs and this was always going to be less and not competitive score. The top order batsmen did manage to score some runs with Muneeba Ali scoring a 54 runs but the middle and lower order players failed completely and were unable to score any runs.

West Indies Women chased this target with 10 balls to spare and they still had seven wickets in hand. This was a one sided match completely controlled by the West Indies team. The captain of the West Indies team Hayley Matthews made 58 runs and was the player of the match. West Indies squad must be very happy about winning both the ODI series and at 2-0 in the five match T20 series.

This is disappointing tour series for Pakistan women, first they lost ODI series 3-0 and now they have lost initial 2 T20 matches. All this is happening on there home ground. Pakistan team were near to victory in 2nd ODI and 1st T20 but luck favours WI women on both occasions. Now it looks very difficult to save the series and best Pakistan can do is to avoid whitewash in T20 series.   
West Indies women's team is performing well in this tour, on the other hand there were better expectations from Pakistan women's team. I expected before this tour that Pakistan women team will win both the series especially ODI series but the reality is totally different. Losing the ODI I series is also more likely to lose the T20 series. It's hard to trust the women's team at this point. If we consider about the luck that was not with the Pakistan women's team in two matches, it became more difficult for them to win. Performance doesn't always win in cricket, sometimes luck plays a big role in winning the match.
208  Economy / Gambling discussion / Re: When is best for a player to draw the line? on: April 29, 2024, 10:58:44 AM
No one wins and no one loses consistently in gambling, but sometimes gamblers lose more than their wins and losses. While there are no rules on exactly when to stop or when to gamble, my personal opinion is that after a good win, a gambler should take a temporary break from gambling. But on the contrary I got a comment from a gambler who said that gambling is a game of luck. If luck is there then it is not bad to try another win after one win. Because luck doesn't come every day. Although there is logic in his words, considering overall analysis, I think it is better for gamblers to take a break and gamble. I have lost my big winnings in gambling for getting  small amounts of money that I could never have imagined. I have seen most of the time when I tried to recover my losses I lost more. And when I need to win more, I lose. I think it is possible to determine the proper time if these two places can be solved.
209  Economy / Gambling discussion / Re: Can Anyone +18 Play Gamble? on: April 29, 2024, 10:42:14 AM
From my understanding I don't think there's any law that restricts an individual that's 18+ from gambling, that's an  adult age and in must countries individual that's fall in that category are allowed to make their own choices, but I heard that their are some countries where the gambling age is 21 and above an not 18 which is the adult age though I'm not very sure about that statement, but in general the gambling age for most casinos and betting sites is 18+

 As a parent it's your duty to guild your child till they become adults and start making their own decisions however they still need advise on certain decisions that could ruin them if not properly looked into and gambling is one of them, cause it has lots of disadvantage as well, like addiction, emotional trauma and the rest of them. But with proper advise to them, they could learn from it and try to make the right decisions.
Maybe in each countries have the difference of allowing someone to playing gambling, including what age they can playing gambling. That will be different from one to another country but if we see what is written on the casino, the allowance of people to playing gambling is above 18+ so they who is under 18 can't playing gambling. Although they can still playing gambling without anyone knows, especially if the casino doesn't have strictly rules. That will gives an easiness for people who under 18 to playing gambling and they will not have a problem until the casino asks them to fills verification.

Yes, parents jobs is guides their children not to make a wrong decision, especially if parents found their children playing gambling in their room. Parents must explains what impacts gambling to their lives and what will happens to them in the future. Parents can gives many examples to their children just to show how dangerous gambling for them, especially if their children doesn't have self control.
Parents definitely try to give the best education to the child but there are some parents who cannot give time to the family. Children from those families are more likely to become addicted to gambling. A kid doing whatever he wants in a day. Gambling age is an important issue. KYC plays an important role in determining the age of a customer so that no one can gamble under the age. But that strategy is no longer useful nowadays. Because today's minors know how to deal with KYC issues, they even create accounts with other people's cards and conduct gambling.

If the parents give enough time to a child from the beginning of its growth. A child who helps him understand his good and bad things will never be disobedient. If the child is an adult, parents can also help him understand the issues related to gambling. What is the purpose of gambling? Why one should avoid excessive gambling. etc. When a person knows beforehand he will never become addicted to gambling.
210  Economy / Gambling discussion / Re: In Your Country Who Gamble More? Young Ones or Elderly Ones on: April 28, 2024, 11:55:15 PM
Where I live there is no such person or age restriction. Here everyone is open and there is no restriction. Young people or middle aged people are more likely to spend some time in gambling after completing their work. However, the propensity for gambling mainly depends on the environment of the place. But in my opinion, everywhere in the world, those who are young and those with money income are more prone to gambling. Gambling can be a bit more difficult for those who are older because of the financial need to manage gambling. Gambling cannot be conducted without money. Those who are elderly have to depend on others. Although there are many who have enough money to live on, the prime time for gambling is in youth and middle age.
211  Economy / Gambling discussion / Re: Can gambling addiction lead to domestic violence? on: April 28, 2024, 11:38:47 PM
Some people use gambling as luck changer and they promise to keep doing gambling until they found any jackpot that could change their life! But even after making money, they keep gambling and keep losing more. But not all Gamblers are same, i also have many Gambler who stop gambling when they are out of money and keep silence until they can arrange money in decent ways.
Gamblers have an interest in winning. No one wants to lose and no one wants to have an end. If a gambler says that if he hits the jackpot in gambling he will give up gambling, I disagree with those gamblers, rather those gamblers will gamble more. As he earns more money, his demand will also increase. Moreover, it is possible to get a sound opinion on this subject only by considering the condition of those who got the jackpot. Have they quit gambling or are they busy creating more income opportunities from more gambling? But if a gambler is wise he will want to use his winnings for some good purpose especially investing in business or something else so that he doesn't run out of money in his gambling or later life. But I have heard many cases where people who win big start taking gambling more seriously.
212  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: April 28, 2024, 11:22:13 PM
I also don't understand why Hyderabad captain Pat Cummins took such a decision in today's match. Cummins should have won the toss and decided to bat. Because Sunrisers Hyderabad managed to collect big in almost every match by batting earlier.

At the end of 18 overs, Chennai team managed to collect 192 runs after losing 2 wickets. Gaikwad remained unbeaten on 93 runs and Dube on 30 runs. Chennai team will be able to provide a target like 220-225. That's a pretty big target. However, Hyderabad's batting order is very strong. So if Chennai's bowlers fail to bowl well, there is no chance of Chennai winning.
Perhaps it was due to something in the pitch? Chennai Super Kings made a 200 plus total, but given the trend so far Sunrisers Hyderabad maybe able to easily chase it down. Feels bad for the CSK captain (Ruturaj Gaikwad). He missed a century by just two runs, as SRH's strike bowler nabbed him. And as usual, Mahendra Singh Dhoni has came out to bat in the 20th over. Shivam Dube from the other end is smashing balls quite well. In the end, the target for SRH is set at 213, which is doable IMO.

As we saw Sunrisers Hyderabad batting in the previous matches, a target of 213 runs was not a big target for this team. However, Chennai's bowlers have changed the entire scenario of today's match. Every bowler in Chennai is bowling well today. Hyderabad lost 4 of their batsmen in 9 overs, and managed to collect 73 runs.

Aiden Marakram and Heinrich Klaasen are now at the crease. Marakram scored 28 runs off 22 balls. These two batsmen are very experienced and are in great form now. And both have the ability to play big innings to help the team win. But now Hyderabad need about 13 runs per over. They will not be able to win this match if they bat slowly.
Sunrisers Hyderabad lost to Chennai Super Kings by 78 runs. Accepting such a big loss is quite heartbreaking for many Sunrisers Hyderabad fans. Because there is no competitive environment in that match. And many consider their big defeats to be regular for them. Big losses happen regularly with this team. If we look at a history of last few years they have lost by such big score margins.



I was a bit disappointed with the performance of some players as none of them could do well on the same day. Travis Head to score well in a few matches but suddenly drop. But none of Heinrich Klaasen, Aiden Markram could perform well with their name. Captain Pat Cummins has consistently failed to perform well.
213  Economy / Gambling discussion / Re: Making the Most of $100 bankroll on: April 28, 2024, 06:24:00 AM
I have a friend who is new to sports betting and he asks -
If his bankroll is $100 and he has been told not to use more than 5% of his bankroll per bet, what strategy should he use on this type of bankroll? His question is should he place $5 each on 20 different bets? Or is there a better approach that can be suggested?
A gambler's risk is reduced if a small amount of money is kept from a particular bankroll when betting. However, the same strategy will not work in all cases. In my opinion if 5 percent of the $100 bankroll is to set per bet then the money should be placed on those bets where the betting odds are higher. That is, with 5 dollars, you can get multiple returns if you put money in such a bet, if you win, it is possible to get a good amount of money. Although all those bets are risky, the same happens when it comes to sports betting. If I place 15 bets I can expect to win at least 5 bets. However, before betting, you must review various issues. Gambling is risky and winning is uncertain so bets should be placed with the intention of losing. Again, a gambler must take risks in order to win gambling.
214  Economy / Gambling discussion / Re: Test Cricket Prediction and Discussion Thread [self - mod] on: April 28, 2024, 06:07:47 AM
Our expectations about the Pakistan team are always high. In the previous T20 World Cup, Pakistan played the final against England but unfortunately they were defeated in the final match. I would mention Shaheen Afridi's injury as the reason for losing the final match against England if Shaheen Afridi could have completed his four overs then Pakistan would have won. T20 World Cup is coming up and as a Pakistani fan I can definitely expect good performance from Pakistan in the upcoming World Cup. If the performance of the players is bad due to politics then Pakistan Cricket Board must take the responsibility. Before the T20 World Cup starts the players need to be mentally strong as well as keep them mentally happy only then this team will have enough chances to do well in the upcoming World Cup.
As a Pakistani we know that we have good players in cricket team. Like you mentioned Shaheen Shah Afridi he is a good bowler and we can see his performance in yesterday match too. We have Muhammad Amir but he is not bowling like he bowled before match fixing case. He needs more practice.
We know that Pakistani team has ability to win that match which they near to lose. And for World Cup I really hope that they will definitely perform well. They have some mistakes but I hope they will resolve that issues before World Cup.
Pakistan should have played better at home ground. Both their batting and bowling looked quite weak at the sites. The squad that New Zealand came to play against Pakistan was supposed to win every match for Pakistan but it didn't happen. No match can be guaranteed in cricket, but if this team has this situation, then if they play against the big teams, their defeat will be guaranteed. Amir's bowling performance is not like before. However, since T20 and Test cricket squads are different, even if they do not do well in T20 cricket, how they will perform in Test cricket cannot be predicted until the performance is seen on the field. Pakistan missed the chance to win the series.
215  Economy / Trading Discussion / Re: Day trading or Long term on: April 28, 2024, 05:46:33 AM
Both day trading and long term have the same objective to make profits. But those who want to make quick profits usually they do day trading, while those who want to wait for a long time do the usual long-term planning. However, although the objective of the investors here is the same, the strategies are different. Generally, in order to profit in day trading, an investor needs to use the market volatility every day to profit from it. Even if there is a cash supply in day trading, it is risky. Here an investor has to be experienced enough otherwise he will lose there. Those who are long term holders also have risk but comparatively much less than day traders. Market volatility has little effect on long term holders. Long term holders have to hold for a long time which is time consuming and many cannot afford to hold.
216  Economy / Speculation / Re: Are you increasing your bitcoin investments because of today halving ? on: April 28, 2024, 05:06:12 AM
Are you increasing your bitcoin investments because of today halving ? For how long do you plan to hold this new investment from here on.
All Bitcoin enthusiasts try to increase their Bitcoin portfolio before halving because halving means a decrease in Bitcoin circulation and ultimately an increase in Bitcoin price. Bitcoin's price increases every four years as per its design. Currently the Bitcoin price has stabilized at a level I think should be invested from now. Because the post-halving bullish sentiment has not started yet. If someone is holding bitcoins for halving I think they will have to wait longer. And those are doing DCA have a chance. They will have the opportunity to increase their bitcoins during this period. I haven't closed my DCA yet I'm interested in growing my bitcoin portfolio. Everyone hoping to profit from Bitcoin kept their investments going during this period. Bitcoin platform is more promising than other platforms. Those who can envision that future must have continued to invest in Bitcoin.
217  Bitcoin / Bitcoin Discussion / Re: Upon the death of a bitcoin user. on: April 28, 2024, 04:43:56 AM
I have come to stay in this community and thought of one thing which has been bothering me.
Relating from our traditional banks where a bank customer dies and all his assets remains unclaimed by his relatives. I was once told that there was a bank manager who withdrew funds from there customer dormant accounts hopefully that the owners are dead as those account has been dormant for years without any form of activity on the account, it happens when no relative knows about the account for them to lay claims.
Similarly to bitcoin what happens in the event of my dismissal since no relative knows about my investment. It doesn't really make sense if my family can't enjoy my wealth. Will it be lost or is it good to entrust someone incase I'm no longer there?
There are wide differences between the traditional banking system and Bitcoin. If money is kept in a bank and it is not transacted for a long time then it becomes dormant. But there the nominee details are kept with each customer at the time of account opening. The amount will be paid to the nominee when he/she claims it. In this case, the bank can find the bank holder only if it wishes. But when a person keeps his money in Bitcoin, he has access to all the protections for it. If he feels like it, he can leave his private keys with someone of his own. So that after his death the nominated person can withdraw his money. Bitcoin's system is more transparent than the traditional banking system. Here everything is done according to one's desire.




Investing in Bitcoin offers more benefits than a customer would get in the traditional banking system.

# Since Bitcoin is a decentralized currency with no regulator, an investor's money will not be affected by any central administration.

# Depositing money in traditional banking system takes a percentage as charge of the money but in Bitcoin does not have that scope.

# Transfer of money in traditional bank system is time consuming especially money transfer from one country to another country is quite time consuming. But Bitcoin money transfer can be done easily without any third party and money can be received from anywhere in the world with in a moment.

# The biggest disadvantage in the traditional banking system is that your money is left with someone else that means the ownership is with a third party, but keeping money in Bitcoin keeps your money with you, which is the safest.
218  Economy / Gambling discussion / Re: Why do some people hide to gamble on: April 27, 2024, 08:14:56 PM
I was walking down my street this evening I saw some group of guys in a hidden corner of an uncompleted building playing WHOT games ordinarily I felt they are just spending usual time as friends and that they are playing the WHOT game to keep themselves busy while discussing.
Gambling is not easily accepted in all societies. So there are many who are never interested in revealing their gambling to others. They prefer to keep their gambling activities in the dark. There are some who think that if a person finds out about their gambling, then their gambling will be interrupted accountable especially to his family. His  gambling habits may go awry if the family finds out. Moreover, gamblers are not interested in telling others about their gambling to avoid legal proceedings. However, gamblers have no fear in all jurisdictions where gambling is legal. I think not some gamblers but most of the gamblers like to hide their gambling matters. I myself like to hide gambling. I have no restrictions though. But I have no desire to let others know about me.
219  Bitcoin / Bitcoin Discussion / Re: Would you advise a friend in the same way? on: April 26, 2024, 08:15:04 PM
Is this the wrong advice? A friend of mine took over his father's company because he is so old already and he told me about the money thats available doing nothing in the bank.

I told him to think about investing that money if he wants to keep the company growing, I told him about how MicroStrategy is doing so well using Bitcoin as a strong backbone of the company, I believe that even a small company can turn big if they use Bitcoin as their main investment.

Or am I wrong? I need to know if this advice is a good one or a bad one, I gave him this advice because we are very close and also because I will do the same thing if I am in his shoe, this is the best thing i can think of right now.
Of course this can be a good suggestion. Because no one has ever been disappointed by investing in Bitcoin, especially those who are attracted to long-term investments. If he owns a small company then it is a better decision if he invests a portion of his company's profits in Bitcoin on a monthly or weekly basis. Moreover, those who own a lot of money or who have enough money to buy bitcoins, I think if they use that money to collect bitcoins, then after a certain period of time, he can use those bitcoins to take his company to a better level. To do this, the business owner must know some basic things about Bitcoin. In particular, it is very important to know how to hold Bitcoin and what level it can reach in the future. How to assure more security.
220  Economy / Speculation / Re: Buy Buy Buy or Sell Sell Sell? on: April 26, 2024, 08:03:29 PM
It all depends on the amount of bitcoin the person has accumulate over that interval of one year before you begin to talk about making of profit. If u do not have a sizeable amount of bitcoin in your portfolio you cannot be able to make this profit you are talking about ,especially if you are doing DCA it will take you time to accumulate a reasonable
amount of bitcoin.

The method of collecting Bitcoin to get a larger amount varies from person to person, although the one we see most often now is to use DCA with a certain target time period. Because to achieve a bigger profit target, you definitely have to have a fairly large amount of Bitcoin ownership and that cannot be denied by everyone. That is why most people always pay more attention to their Bitcoin holdings portfolio than others because in Bitcoin everyone can make a profit as long as they have enough patience in collecting it and also have a fairly large amount in their own portfolio.
One Bitcoin is currently worth around $64,000. If an investor expects to make a significant profit from this then there is no option to increase his portfolio. Now who will be satisfied with how much profit will depend on the bitcoin accumulation of that individual. If he holds bitcoins with a large amount, his profit will naturally increase. One of the purposes of doing a DCA is that an investor is able to grow his portfolio for long-term bitcoin holdings without any pressure. But DCA has nothing to do with profit. Here the more bitcoins an investor can accumulate, he can be more profitable in the long run for bitcoin holding. Profit amount depends only on Bitcoin accumulation.
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