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201  Economy / Trading Discussion / Re: Does trading belongs to everyone? on: June 05, 2024, 05:49:56 AM
Have read most people topic and comment especially the newbies and have noticed that they are always interested in trading more than holding, and of a true trading gives more profits from my own understanding that is why everyone wants to venture into trading. But have we also considered or remember that most of the compliant here is about trading scam or exchange scam. Since is as a cause of trying to fund their account to trade or either trying to withdraw funds from the exchange.
I have a different view to yours as though people could initially want to trade more but over time that it has taught them enough lessons, they always reverse back to invest their cryptos, or better still, try to engage in both trading and investment, but now, with less trading and more investment. This is my experience based on the testimonies of people and they often testify that trading is way more difficult for them with a high risk while investment is a lesser evil if done properly, and more reason why they abandon trading pretty fast.

It is those newbies who are not well-informed who are so kin to trading even as they believe it is their area of answered prayer, but neglecting the fact that even though trading is opened for all, it is not for everybody by virtue of its risk. It is only meant for seasoned traders who have won the test of time by consistently earning for a long period. The expertise and success of these kinds of traders are not questionable, and it is not all traders who can get to that level regardless of how many years you've been trying to make money out of trading.

But I do not know where the scam is coming from relating to crypto trading to the point that it looks scary the way you constructed it. Fine, those traders who are trading with huge amounts of money could still be affected by the greedy exchanges, but for traders to be trading with about $50,000 or less. Still, I do not believe there is much issue with good exchanges regarding this. Unless you are trading with bad, new or illiquid exchanges, and by that, you are inviting issues to yourself. It is good to trade with the top-rated ones, this will however not completely exonerate them from all faults, but the money would have been so huge before such complaints could be happening, which I also believe will still be recovered like the ones I have read in the past.
202  Economy / Exchanges / Re: Is trading on CEX still worth it? on: June 04, 2024, 03:45:10 PM
These days I buy most of my tokens especially altcoins on decentralised wallets like Jupiter or metamask and I only trade on CEXs when they list tokens I already own and I send my tokens there

The only time I buy tokens on CEXs with my credit card is when exchanges have zero fees events or events like a rebate on a deposit you make like the one Bitget currently have and other CEXs like Binance, kucoin etc.

Do you guys think CEXs are still worth it? Let me hear your thoughts
I am confused about the reason why you buy your coin with self-custody and still have to send it to CEX just because of fees. Won't they charge you for buying through Jupiter or Metamask? Certainly, they will. The gateway companies used and even the credit/debit card companies will charge you more.

This is unless I am missing some points in your statement. I think that it will be fair for you to even use the CEX to send the crypto in and send it to your self-custody wallets for keeping and sending it back if there is a need for it. By then, you might have reduced the amount of money you would have been charged to some extent.

Through P2P, you can get your coin/token without any charges, and if you cannot get it directly through P2P due to the lack of popularity of the coin, you can easily exchange the popular ones you can buy through P2P for the coin/token of choice with a reduced rate. This is what I do though, and it is cool unless you have another reason for doing what you explained other than for the charges considerations.
203  Economy / Trading Discussion / Re: Achieving a goal on: June 04, 2024, 03:17:08 PM
If you are in the field of cryptocurrency, you should really study here first and saturate yourself with the things you should know here so that, in the end, you can get a good profit here. Although it's not really easy to learn this crypto trading, it's no joke from my experience. 

Because here in the cryptocurrency business, not only capital is needed, but you also need investment effort and strong determination and passion to succeed. You can't just have a positive mind here; nope, it's not like that; it's like you're really gold here; you really have to go through the furnace of fire to determine if you're really like real gold.
Of course, this is very important for us to understand well before deciding to enter crypto. As you said, it is not easy to learn crypto trading, it requires patience and we also have to really focus to be able to trade by making a profit on the trades we make.
If we only rely on capital and try to trade, of course it is very likely that we will make mistakes in the trades we make which will result in losses in the trades we make, of course this is not what we want.
On the contrary, it is very easy to learn everything about crypto trading and investment but it is not easy to earn all the time from them, especially in the trading aspect because the theoretical aspect is not the same as the practical aspect. But still, crypto trading and investment are generally simple, they only require that we treat them seriously and creatively, not that we will be slacking in handling them the way many people do. Anything crypto to me is a serious business, that is why I do not take them with any laxity and my prior experience in the field before the crypto era is helping me quite well as the same scopes and methods are applicable to all of them.

However, I implore traders to focus so well when they are learning the theoretical part but pay more attention to the application part which is the most important since it is what will make sure that the trader/investor earns, not the theory. But if done badly, such earnings will never come but will amount to losses instead. If traders are trying to earn this way, they should focus on the "management and psychology" part above anything else, and they should try to have at least a very good trading system and have a viable plan to back this up as well.

If all these can be put in place and the trader/investor is disciplined as well, I am certain that success is lurking pretty fast.
204  Economy / Economics / Re: True wealth comes from income when you sleeping but earning on: June 04, 2024, 02:56:38 PM
3 golden ways are:staking, Investing and DCA.
If you keep those things going on then it's impossible that you don't earn money when you sleeping.
For staking i have different wallets and on exchangers and different coins 
No matter how little you earn by doing nothing but if you can earn it you make more money from money.
My number one thing now is crypto staking on many different exchangers and self custody wallets stablecoins and altcoins.
Lol...bro, you are stretching this more than necessary, and be it Staking, DCA and Investing, all still mean the same thing since when you are staking, you are investing and DCA itself is a certain means/style of investment which is not an investment per se. But still, I understand what you are trying to say only that you never expressed yourself well. Investment is always good in all ramifications, once there is money, you should not let it waste away in the bank or inside a wallet that will not fetch you any interest or dividend. But crypto wallets are not included in this because they are not worthless, and so far you know the right coins and tokens to buy and keep in there, you can be making way more money than you might have made if you staked your money.

Staking is a way to earn a reduced amount of interest and a similar way to imprison your money just like the way you keep it in the bank or in such a wallet (not crypto wallet) that will not give you much interest/dividend. This is why it is good to let it lose entirely by buying and keeping it in a secure wallet with a good crypro asset. This and only this is the way I know that your money can be yielding highly for you if you select well even while you sleep or practically do nothing after buying the coin/token.

But if the focus is not on cryptocurrencies, good stocks and equity are available, one may also invest in gold, the energy market, properties etc. Or find a company with a good package of deal. They are all good means to make huge returns doing almost nothing.
205  Economy / Exchanges / Re: fees are very high on: June 04, 2024, 02:25:10 PM
i have some crypto on poloniex, i was looking to send some crypto i saw fees like:
btc:240$
usdc: 12$
dogecoin: 3.23$
shib: 6.26$

i am looking to send 5$ through crypto, is this normal these days?
What!!! This is insane and it better mean a different thing. Are you sure you checked this value very well and what they are meant for? Maybe you have mistaken them for the minimum amount that can be sent through certain means. However, if this is true, then you should know that it is extortion, and perhaps they do not want you to withdraw your money ever again.

I have never used the exchange and this thing we see simply like this may even play through with some customers who didn't know the fees chargeable but just made the transaction as fast as possible and were charged $240 for BTC transactions when the mempool is not congested.

This is inane and I hope it is not true. Why not trash it with the support to know if it is true or some sort of error, as I do not know how an exchange will compete with the prevailing market by discouraging customers and intending ones this way.
206  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins that you trust most on: June 04, 2024, 08:15:26 AM
My investment investment now is only in Bitcoin but might be diversify or extend my investment to another projects but not now. The altcoins are still under my watchlist. And I will invest when altcoins market is interesting me to invest as for now they are not. Let me focus on Bitcoin for some period and when the altcoins move upward to the stage that is good to invest and I have interest to invest then I can do that.
Ethereum as others have said it would have been the good altcoin to invest but it is not doing well for now.
Oh, I see! You are the type of people who have the sole belief in Bitcoin, well, this is not a bad idea, especially if you had started the investment when Bitcoin was low in price. Otherwise, it may not be so convenient for you because you will not earn so much through it. I am an investor, which means that I am not a Bitcoin investor only, so I cannot be investing solely in Bitcoin. There are enough opportunities in other crypto projects and as you may not have earned any reasonable amount in Bitcoin in the past few months now but had it been you invested in some coins, you might have made 5 times your money easily.

For me, this is not about the love of a certain crypto project but to "invest" and make as much as possible money as I can. Opportunities come but once, so we should try as much as possible to maximize the opportunity we have now before it is too late.

Also, I see your second option which is Ethereum as moving around a circle, as Bitcoin and Ethereum will always be moving in almost the same way. They will earn almost the same multiples of income for you or make you lose in that same magnitude as well. This is why I have Bitcoin in my arsenal and avoided Ethereum, but only invest in altcoins that do not have many similarities to Bitcoin when it comes to the way they behave during their selling and buying times. Although, I trade Bitcoin and Ethereum all the time on the futures market, but on investing them, I am so careful not to waste my time while my money is being wasted with them when other altcoins are seriously performing well. What a waste would that be.
207  Economy / Speculation / Re: BTC Sentiment Poll for June on: June 04, 2024, 07:17:02 AM
I just voted that Bitcoin would hit $75,000 this month. I was one of those who voted against it hitting higher targets last month not minding the fact that it was the next month after halving. My reason was reasonable enough, and truly, Bitcoin never hit its ATH last month not to mention moving higher than that. My trading chart talks well to me, so thanks to it despite the view of others against it. The chart always guides me aright and with what I currently see on the market chart, I think that hitting the ATH again at about $73,850 is nearing day by day as the level is getting more exposed and the barrier is getting weaker day after day.

As of today, the market is again fully bullish in trend in all the short-term, medium-term and long-term dispositions, so what do you expect? And if Bitcoin could hit and break the current ATH, it would only take it less than $1,200 to hit the $75,000 set for this June on this thread/poll, so, it is feasible to say that it will hit the level this month. And for the fact that the daily chart has so much good news of holding above the strong MagicTrend support at $65,505 and 1D Fibo support level of 23.6% at $66,800, the significant bullish impact is lurking this month, so we should all expect Bitcoin to hit higher levels before the end the month.
208  Other / Meta / Re: Lol on: June 04, 2024, 07:02:45 AM
I have always known that it will only be a matter of time before AI behaves just like humans, and it will even be near perfection if the AI is specifically drawn from a certain personality like we see the attempts today. They will do exactly as the person does, so this should not be so surprising anymore. It should not be concerning as well since it is all about delivery. If what humans are expected to do is done exactly by the AI or even better, what is now the headache in that? This is what AI development is even driving at.

The world is evolving whether we like it or not and it will get to a time that you will never be able to decipher the difference between Al works and humans. And guess what, some of these tools would be free when the time comes.
209  Other / Meta / Re: Some question about merit source to know. on: June 04, 2024, 06:40:27 AM
So questions is-
  -Are all merit sources have same smerit generation?
  -Another question is once a merit source can be a lifetime merit source?  Or is it also pick and drop system like DT¹
    member election?
In my understanding drawn from what I have read from many merits sources in many threads, they do not have the same smerit allocation, and some users' monthly smerits could be so much while others could be annoyingly low. The reason is best known to theymos, but upon request with evidence of usage of the ones you were given, I think he can adjust the allocation based on his discretion.

As for being a lifetime merit source, I think it is possible if you maintain a good membership/reputation and do not renege from the reason why you were given. But of course, if you are no longer active on the forum, what is your worth? For this, such a user's merit source status may be withdrawn.

There are other offences which may not be plain that could cost users their merit source status as well. So it could be slightly similar to that of the DTs but not as rampant as them.
210  Bitcoin / Bitcoin Discussion / Re: Do not get discouraged by the current price of Bitcoin on: June 04, 2024, 06:15:42 AM
I overheard a discussion between two friends and one was telling the other that Bitcoin is a scam and that a lot of people preached about the halving and how people could cashout from it. The other friend was trying to convince him to continue holding his asset but he refused and replied that nothing would stop him from selling the coins he's holding.

When I heard that man mentioned cashing out from the halving, I understood that he might know about Bitcoin
All I can say in this regard is that the guy who wanted to sell all his holdings in Bitcoin is naive about Bitcoin. Although the price of Bitcoin is a discouragement now, the reason for him to want to liquidate his Bitcoin asset is not right as well, he should have educated himself better. Maybe he will later realise his mistakes, or he will be the one who will be proven right, either way, time will tell.

Nevertheless, in my understanding, the halving is a Bitcoin tradition that happens every 4 years and it has helped Bitcoin to grow in price even as it attracts more adopters to the coin. But the halving is not an automatic means for Bitcoin to appreciate in price, it takes time. The guy should have at least learned about Bitcoin and halving very well before running his mouth in discouragement. Looking at the chart of the past Bitcoin histories in relation to halving would have helped him calm his nerves instead of deciding based on what he did not know.

In some past Bitcoin chart histories, Bitcoin only moved significantly higher in post-having effect after 7 months in some cases. So buying is not automatic, but at the same time, if one is cautious judging by the high price of Bitcoin, it may be a very good reason to devest. There is no need to stop anyone from doing what they want to do.
211  Alternate cryptocurrencies / Altcoin Discussion / Re: Pepe in a Memes World on: June 04, 2024, 06:02:05 AM
Although there are always bad actors in the game, we still seek to invest in the right projects. This brings me to "Pepe in a Memes World" a vibrant project that celebrates the iconic Pepe the Frog as he navigates the wild and wacky universe of internet memes, Built on the Ethereum blockchain, I'm curious about your thoughts on such projects and your experiences with memes on the Ethereum blockchain.
PEPE has made a name for itself yet again in this bullish season and I will not be surprised by people hailing it once more. But one thing I would say is that people often forget very fast, and when it was falling so rapidly before due to its challenges, people were so discouraged and said all sorts of things, this is even as they continued to praise other meme coins that were performing especially Dogecoin. But now, PEPE has gained a very good status for itself, at least for now, and has moved more than 25 times its price of around the start of 2023, so it is a big one.

But still, we should be careful about any projects like this, especially when it is the bearish time of cryptocurrency as crypto works in a cycle. Some coins, especially the meme coins will move so annoyingly downwards then, for this, the goal of investors in meme coins like PEPE should not be for the long-term HODLing to avoid losing back what you've initially gained, but to hold for a while and divest when a bearish signal is detected for long-term disposition.
212  Bitcoin / Bitcoin Discussion / Re: Bitcoin can save you against inflation if you invest in & hold it some years on: June 04, 2024, 05:39:15 AM
I have read enough of similar remarks on this forum and outside it but the truth is that Bitcoin will not do more than its capacity. Fine, Bitcoin is an asset and just like any other asset, it can help us make money, but are you guys not considering the current price of Bitcoin as a discouragement for hedging against inflation? If you've not been considering it, it is high time you start because it is a smart move and it shows who you truly are for being slack about it. We should not mistake this, that those who struck Bitcoin when it was at a very low price are the bosses now, they are the lucky ones who can have the advantage of Bitcoin to the fullest.

But those who are now striking it at high prices will not only make a small amount from their money but they are still risking their capital too highly. No one knows tomorrow, and can you imagine buying Bitcoins at $70,000 and in the next 5 years seeing them at $65,000? Do you think it is not possible? Then if you think so or do not use the current happenings around it where it lacks liquidity to launch higher than the current ATH as quickly as possible as a possibility, then something is wrong somewhere.

Bitcoin will not be buying automatically as many of you thought, especially when it is now in the mainstream of the financial market, it will have to behave more like a reasonable asset, unlike before.
213  Economy / Speculation / Re: Buy Buy Buy or Sell Sell Sell? on: June 04, 2024, 05:19:16 AM
DCA is going to be quite problematic for any coin or project that is generaly trending downard in its price... One thing about any asset with strong fundamentals would be that even if it is trending downward for very long periods of time, if the fundamentals are strong enough, then the downward trend should end up reversing, and sure it is not guaranteed to reverse, and sometimes we might not know that something is a shitcoin until it never ends up recovering.

Surely there are some shitcoins that end up having second lives, and so there could end up being some value in DCAing into them and then getting out during one of their recovery periods... but yeah, would we call that investing?  Probably we would call it trading and/or gambling... depending on how wild the coin is and if there might be some reasons that the coin/project actually has meaningful/substantial value beyond pumping and dumping.

But JJG the difference is that we do some analysis here and know that sometimes you trade fundamentals or you can trade the sentiment or information you have. Too many people are still stuck with terms like market capitalization or coin price. They have no idea, don't read basic material about bitcoin, fall for the most fancy techn language and check coinmarketcap for low market cap coins in hopes to see those rice to bitcoin levels. That is where it becomes stupid. You know these sentences "but bitcoin very expensive, trashcoin only $0.05, much potential". Some don't even understand the concept as mentioned above. When there is a coin that costs 1/1000th of bitcoin, but there are 1000x the number of bitcoins, they still think that it takes less money to push the price of that trashcoin that to push bitcoin upwards.

And one thing that I experienced when I tried holding one trash coin that I tried to catch up some its gains months back was that I wasn't having this peace of mind, Because right inside me, I know there's no guaranteed future, even though that the coin looked promising and later performed well but I wasn't still having that peace of mind I have holding my portfolios in Bitcoin, and obviously I can tell from this experience that holding those trash (shitcoins) is just gambling your funds.
This is your choice, my friend, if Bitcoin is the only one that gives you peace of mind and you fully know within yourself that a coin is truly a "Shit"coin, why then still invest your money in it if you are sincere with yourself? Like me, I make sure that I go for the best choice that will give me the rest of my mind, so I will never term them shitcoins because I have never regretted investing in them, they are just altcoins which is best described by the alternative to Bitcoin, so they are not automatically worthless like many would want people to believe in favour of Bitcoin. But when it is becoming a shitcoin, I wonder why on earth anyone would want to invest their money in such a coin that will "shit" them indeed...lol Or perhaps you are trying to make it look like that, and if you do not mind, I like to know this coin you called a shitcoin.

However, if it is not worth it really, why not just avoid it next time and go for only coins that will give you the rest of mind and add positively to your crypto portfolio? I diversify my portfolio just for you to know that I am not investing in Bitcoin alone, and especially at the high price of Bitcoin, it is a disadvantage for me no matter what anybody says to me. As an investor of over a decade before Bitcoin, I will not be sentimental as though it is the only one that will give me the rest of mind in the crypto industry, no, I can only say that it is the most reliable in the industry. It is worth knowing that I have my sizeable amount of Bitcoin as well and I will continue to play smart between Bitcoin and altcoins depending on my feelings and speculations, and not what the internet or anyone wants me to believe.
214  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: June 03, 2024, 04:19:35 PM
Dortmund have done quite well in the Champions League this season, they managed to beat many strong opponents, but in the final match they had to admit that Real Madrid was a very difficult team for them to beat. Even from the first half, Real Madrid played a fairly aggressive game by putting pressure on Dortmund with the many attacks they carried out. But it's true as you said, Dortmund didn't build a team with money, unlike other teams where they bought players with quite expensive prices but in the end they failed.

So, Dortmund success in becoming runners up in the Champions League this season is quite impressive and of course several of their players will experience a significant increase in their release clauses in the transfer market this season. For Dortmund, of course, this is a pretty good aspect as they will continue to sell their stars to get a lot of money and maybe that tradition will continue in the transfer market this season.
Actually, Dortmund have impressive performance in the final match against Real Madrid and success making many great attempt but Thibaut Courtois made many crucial saves and success without conceded any one goal yet. I think must appreciated with Dortmund achievement in Champion League for this season after qualifying until final round and eliminated many top opponent teams from Milan on phase round, Atletico Madrid at quarter final and kicked out PSG in the semifinal round.

Faced Madrid in the final, Dortmund have aggressive performance on the first half match but Thibaut Courtois success played on the top level perform make difficult for Dortmund scoring goals. I think for next season Dortmund management should defend their squad and give permanent contract for Jadon Sancho with impressive performance on second half season.
Yes, actually Dortmund were able to perform well and in the first half they were able to keep Madrid's game locked in, but Real Madrid has another advantage, namely the mentality of their players is not easily shaken. In the second half Kroos and his friends tried to combine the rhythm of the game so that they were able to escape the pressure and managed to score a goal. I quite enjoyed the game between the two teams because previously I thought Los Blancos would be able to dominate throughout the match.
I've always respected Borussia Dortmund in the world of football, especially with the way they use little resources to get what they want. This happens despite many clubs spending 100s of millions and may still not be able to achieve what the club would. But suppose I said I was not surprised that Dortmund played the final of UCL this season, in that case, I am lying because it started from the way they played their home league to the many questions of lack of form and were to face clubs like PSG that regularly prove to be a good contender and would drag themselves to the lockout stage but was defeated again by Dortmund in the semi-final, and Milan that played the last UCL final and Atletico Madrid that was also a very good and determined team. Kudos to Edin Terzić and more reason why I believe they deserve to win the UCL this season but I still see a lesser self-belief in them than Real Madrid's team regardless, and that could be one of what cost them this season.

However, the team tried so well, there was no goal in the first half and if not that the defence of Real Madrid was more powerful than what they prepared for, they would have at least scored as well. Thanks to Thibaut Courtois on the side of Real Madrid who is now rumoured to be the world's best goalkeeper, and no doubt, he did an excellent job this season in local and external tourneys. But it could have been different if it were to be a different club, he might have found it more difficult faced with seasoned strikers, as there were also a few lapses on the side of Dortmund, but overall, these guys did excellently well as they were determined to win, only that they met a better team and thanks to Dani Carvajal and Vinicius.

Nevertheless, this is an added experience since it's in the 96/97 they last won the UCL, getting closer this way often will only spell doom to their opponent one day and deliver the trophy into their hands.
215  Economy / Gambling discussion / Re: Gambling by financial dependents. on: June 03, 2024, 07:09:04 AM
Yes this is why I said that when some one is little below 18 or above 18 a little also, should I have their own life style,to me a notice that the boy is just trying to make money and have some good thing for himself and it not easy for him so to me he has to run back to the person who is getting more money than him? Which happens to be his mother and he can’t ask for me for any good reason because no good reason available, the only thing he wants to do is to still the money and that becomes a big problem between him and her mother, all we need to do is to advise the son to stop and make him happy that he will be great and get his own money
I think you are getting this all wrong, he doesn't have the right, and it is irrespective of whether the dependent can ask the mum, dad, uncle etc for money, it is just the moral justification of what such a dependent wants to use the money for. Is it justified? In gambling, it can never be justified, you still do not earn by yourself, you are a dependent and whether you are above 18 years or below it doesn't matter, what you do not work for, you do not have the right to waste it. This is especially true if the money was given to him painstakingly, there is no way it will not hurt the person who sweated for the wanted money before giving it to the dependent.

Gambling is not food, and neither is it the air we breathe in, it has never been a necessity in my dictionary, so why then gamble when you can avoid it until you start making money by yourself and use it the way you want? Or have you seen someone who relies desperately on gambling to make money and actually makes the money consistently? This is why the focus of this dependent should not even be on gambling but on other viable means that can earn him direct money and not on gambling that could earn him passive winnings in a very risky way. Because he might gamble 50 times and still not win any, is that what he is justifying wasting the hard-earned money of another person for? This is bad.

Fine, no one is stopping you from gambling when you are at least 18 or 21 (depending on the company), but that is only justified if it is you who earned that money all by yourself. This clearly proves that you can use it the way you want, but you will be a very bad person wasting the money of others, especially if you know the person does not have much. That is the way I see it though, my friend.
216  Economy / Gambling discussion / Re: Is gambling bad to the society? on: June 03, 2024, 06:47:34 AM
Indeed, addiction is really a difficult situation to battle for those individual who became slave with it specially when bad habits remains a redundant actions. Giving reminders and warning to someone who's not absorbing our thoughts is kinda exhausting, and its not worth it for someone who has no plans to change their mindset and attitude. In reality we couldn't force someone to stop, since they all have their own personal reasons that hinders them to flee from gambling quickly. Some people said that they have perfect time for everything, then there's no need to have repetitive advice and it's up to them if they'll going take those helpful words of wisdom.
This is why it's usually said that before you try to help an addict, make sure to the addict is willing to let go of the addiction before even thinking of helping them because that way helping becomes easier but if you are trying to help someone who isn't really willing to be helped or isn't willing to drop the habit as at the time when you are trying to help, then they will end up making most of your efforts vain because in the end you won't be able to achieve that which you desired to achieve trying to help them because they aren't even willing the be helped in the first place.

Some one who's actually really willing to let go of their unhealthy and irresponsible gambling habit doesn't need so much of advice for them to agree to letting go and getting help so they will be better to break free from such habits so helping them becomes difficult.
There are many people who are addicted to gambling who do not understand their addiction. But there are many who consider their gambling habits and realize that they are addicted to gambling. But understanding addiction is not the only way a gambler can recover from his addiction. There are many who understand but still cannot quit gambling. Those gamblers definitely need help from another person. But there are many gamblers who do not seek help from others. If someone wants to help them, they can refuse them. If there are people who don't want help, there is a possibility of getting into many more problems who want to help him.

Perfect example and view. We should be aware that when it comes to gambling addiction or any other, willpower is broken and Dopamine is always seeked in the process which makes it look hard for gamblers to quit even when they want to.
The truth is they failed to recognize it at an early stage, I believe with persistent self discipline and control with help of others am sure they can be free.
No matter how conscious a gambler plays, if he gambles once and makes money, the person who gambles twice as much a second time bets that the gambler instead loses all his money and goes home penniless. A gambler can never give happiness to his family because he is always busy with gambling and how will he look after his family so a gambler must think about his family and quit gambling. They become so addicted to gambling for fun that one time they try to convince him but he doesn't try to understand anyone. He has no money left to repay. So a gambler should know all aspects of gambling before gambling then become addicted to winning.

Of course, a gambler is most in the eyes of society, because a gambler spends everything he earns to gamble if he is addicted. It is true that addicts always face losses, because addicts are always gambling, their brain is only trying to win the gamble. And because of greed the winnings become only losses but the addict cannot stop gambling so at the end of time when the balance runs out he again starts borrowing from others. Usually in such a tide the society family and relatives are all resentful of him and the most in the eyes of the society. How will he bring happiness to the family because he loses most of what he earns.
When it comes to the story of gamblers, it varies, you only speak of and emphasise the bad ones who are addicted to it at the same time. But you never considered the good side of gambling as well where some gamblers would hit their Jackpot and their lives would change, and not only that, the lives of those people around them would change, especially if the gambler could utilize it well. This means that he could create a business with it which is a plus to society because some employees would be employed through this. Needless to say, despite the fact that some are losing through gambling, gambling itself has created employment and has added to some countries' and the world's economies since some countries are surely happy that gambling is happening in it as it attracts tourists, brings FX inflow and also create jobs both directly and indirectly.

However, the bad side of gambling is in the losses, and you can lose and become miserable if care is not taken. So if you are a wise person, why then let yourself be played to the extent that you will regret the whole thing? Who's fault is that if it happens? I do not see the fault of gambling here but that of those who allowed themselves to be played that much. We do not give in to something that will hurt us, we should do our best and leave the rest. We should know how to moderate gambling so that it will not be negative for us. You can imagine those who are stereotyped with gambling, they in most cases put it upon themselves. They will be gambling anyhow, get addicted and so irresponsible about it. How will society regard or respect them? In view of these, I will have to exonerate gambling from this societal issue slightly because no one is forced to gamble, and the moment we start gambling irresponsibly, we are to be blamed in society and not the gambling itself because there are many others who are gambling but are not irresponsible with it despite also losing at times.
217  Economy / Gambling discussion / Re: Committing mistakes helps us to become a responsible gambler. on: June 02, 2024, 02:44:10 PM
It is quiet to see and I believe that all of us commit mistakes, a situation that also changes our gambling approach and behavior.

Of course, it is not in our mind and we try to avoid mistakes but still, it comes to us no matter what we do. But this thing sends us a message that every mistake we make has a positive result and one thing is that we improve and change our style to a better one. We could just think that we have to limit our gambling time, stop being greedy, and avoid addiction because we already know the outcomes as it happened to us in the past and we don't let it happen again.

Therefore, I would say that we don't have to be afraid of committing mistakes because this also helps us to see things that we need to change and become a responsible gambler.
Well, I've seen people appreciating failure and now in your case, it is a mistake, but if care is not taken, you will be gullible about them and think you are still doing yourself a favour. For me, there is no way I will entertain mistakes or failures, but if they happen, I will take them as a preparatory step but will frown so much at them and at myself for that matter. Then I will try to improve myself and make sure that I do not fail again the next time or make any mistakes. If that is what you meant, then you are on the right path. But you made it look so relaxed as if one must make mistakes and think less of it before they can be responsible in gambling, which is not supposed to be so. The avoidance of what is wrong starts immediately without procrastinating it in the name of it helping you, you help yourself immediately by being bitter with it but make a change immediately.

Now, let me establish a little difference, in gambling, if you lose, you may not make any mistakes, you might just lose because the luck is not on your side or your strategy is faulty having done what you needed to do. In this case, if anyone continues to pamper this, it could be an issue, as the overhauling of the trading strategy might be the solution as no mistake was made. And don't forget, this is money we are talking about, it is painful wasting it just like that, so why make a mistake or bet when you are not ready? I think we should get ready before we do that and any mistakes made should not be an excuse to the point that we will now be giving it some kind of appraisals the way you make it look.

My gambling philosophy is; "Let's be decisive before we bet and wait if we are not ready." No one is rushing us.
218  Economy / Gambling discussion / Re: Can you stake it all put of over confidence in your club on: June 02, 2024, 02:18:23 PM
Have anyone ever had confidence in any match that he was willing to be huge amounts to back up the confidence in a match that features his club. A friend of mine recently shocked me with how much passion and confidence he had in his club, man u vs liverpool  that happened on Sunday I guess was a very hard match cause Liverpool was already stomping 0:2 to man United but my friend was telling that man United won't lose the match, so I told him that if he has much confidence that he should stake life, shocking to me he went on and staked 5k on man United win to qualify which was about 7 odds at that time, and yeah it turned out right for him. Can any one do this or was it a foolish move?
Your narration is not clear to me, was it Liverpool that was leading or Man U, to have warranted it to be deemed a tough bet since the Liverpool 0:2 Man U narration doesn't seem to be in coherence with what you later explained? I can't also recall watching this particular match with the way you explained it to have bailed myself out. Notwithstanding, I think I have the idea of the gist from the topic and some of what you wrote so let me reply to it directly. No one knows it all and my experience in risky activities has wisely hinted to me that we are never perfect, so even as confidence is good "Over"confidence is very bad, and we should steer clear of it.

Good, your friend made it this time, congratulations to him, but I tell you, he will fail many more times if he continues like this. Gambling has to be reasonably risked, and if at all he has so much confidence in his team or due to the love and support for the team, he could still gamble if he wanted, but it should have been with a very small amount of money to lessen the possible negative effect of the unreasonable risk. In my gambling escapades, I have never reached for the odd that is more than 3.0 to increase my chance of winning, and even seeing the odds that is 7.00 should speak volumes that Man U is at a disadvantage condition and would have automatically discouraged me.

Above all, let us gamble reasonably and responsibly, we should never allow our emotions or gut feelings to rule us whatsoever.

219  Bitcoin / Bitcoin Discussion / Re: Is it proper for one to trade Bitcoin through a trusted friend ? on: June 02, 2024, 09:19:16 AM
Haven't nurturing this idea of trading a Bitcoin in the near future,but one question that's always come as a concern to me is. Is proper for me to trust a friend of that high magnitude ?
Let me say you aren't clear about this, so my response will be limited to you even though I will try to make it thorough. First, you have to know the difference between trading and investment as some people mistake the two for each other. If it is about investment, why not open your own non-custodial wallet and use your credit cards to move funds into it? Better still, if your country's credit card is having issues with international transactions just like mine due to the scarcity of FX, why not open an exchange account, verify it, send funds into your crypto through P2P and move the money to the self-custody wallet?

For trading, for you to have believed you can entrust your money into the care of your friend to trade for you could mean that you can't do it yourself due to one reason or another. Although I advise people to trade by themselves, after all, they can learn it, this is still not necessary at the same time if you do not have the time or lack interest in it in direct trading, especially when you have a friend that is good at it. But wait, don't just entrust your money into the hands of your friend, ask questions, and let him give you proof that he is a good trader to avoid wasting your money. This is because trading is risky and you can easily lose your money, this happens daily.

This is not the first time a friend will entrust trading money in the hands of another friend, but they often lose the money. You may also go for the various social trading initiatives, they are viable alternatives in case you can't trust your money with a friend. In the social trading arrangement, you will only connect your account to an expert/signal provider account and you will see the account earning or losing for you. This is why you have to learn how this works so that you can research to choose the right service provider account that can be positive to your account.
220  Alternate cryptocurrencies / Altcoin Discussion / Re: Can any meme coin challenge bitcoin in future ? on: June 02, 2024, 08:50:15 AM
Is it possible that some meme coin might challenge bitcoin in future ? Why or why not ? I personally feel that though we may see some mem coin making it really big but it will never be at the level to challenge bitcoin.
I've always said that memes are a big name in the cryptocurrency industry, a name that will never be erased, but for it to overtake Bitcoin will only happen in the dream. This is unless the government clamped down on Bitcoin and other decentralised coins/tokens, but still, it may not be meme coins/tokens that will take that number 1 space due to what they are being created for.

However, in the absence of the government playing politics with Bitcoin, I am certain that it will continue to hold the top position in the crypto world, and this is partly because it is the pioneer of all cryptocurrencies, and also for the fact that it is a truly decentralised blockchain that no one has the absolute right about it. If at all Bitcoin would relinquish this position, it should have done that many years ago since it is not without flaws. It is these flaws that are giving many other coins/tokens relevance with people as they are able to cover up for the shortcomings of Bitcoin in all possible ramifications which include but are not limited to scalability, fee and speed.
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