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201  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: April 03, 2024, 08:13:14 PM
It will be interesting to see how Man City plays against Villa tonight... Bookmakers certainly make City favourites in this match, but their last game against Arsenal wasn't a sure thing... Now Villa shows not bad results and is close to Man City in the standings... Perhaps this match will be similar to yesterday's Newcastle vs Everton match...
Manchester City played good football against Arsenal at Etihad Stadium, and if not for a club like Arsenal, Manchester City would have won that match. With what Manchester City played against Arsenal, they are the favorites to win this match. Aston Villa's performance has reduced, and they cannot compete with Manchester City at Etihad Stadium.

Villa will be fighting for a Champions League spot and I think it'll be a good match... The head-to-head stats are a good indicator... The last time Villa beat City away was in 2012 in the League Cup and in 2007 in the EPL... What's most funny is that the last time Villa drew in Manchester was 30 years ago... All that said, Villa have little chance today, but I think it will still be a nice match...

Although indeed, at this moment or recently Aston Villa did not have as good results like at the beginning of the season which had a good winning streak. But evenso, of course Aston Villa will still make great efforts to be able to maintain its position in the top four. Also, the fact is that in the first meeting of this season Aston Villa managed to beat Manchester City with a score of 1-0 at Villa Park. With the defeat received by Manchester City by Aston Villa in the first meeting thisseason, of course, Manchester City will take revenge in this match played at Etihad Stadium.

But indeed, the point is that since Unai Emery became Aston Villa head coach that Aston Villa's performance really has a very good improvement, and that is evident in this season Aston Villa can compete well in the top four. Also about the ongoing match this time, that the score while this is in the 35th minute is still a 1-1 draw. Of course it is a good result for Aston Villa but bad for Manchester City, because Manchester City still really need full points to stay in the title race.
Luiz of Aston Villa made foolish decision by bringing down Foden close to their 18 yard box, which led to a free kick. Foden took a superb free kick which broke through the wall of Aston Villa to the back of their post on the 45+1mins to put Arsenal on the lead. The first half is over, and it might be difficult for Aston Villa to equalize the goal this time. Seems like Arsenal is an eye opener, and they have taught clubs on how to play City in order to draw the match, instead of City gaining all three points. Defensive game to is key to Man City weakness.
202  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: April 03, 2024, 04:28:51 PM
I don't sure with Atletico Madrid has opportunity for replacing Girona on top forth position standings, first half season match Girona success defeating Atletico Madrid and both team will face each other on game weeks 31 or upcoming match. Current standings, Girona still manage behind 6 points left and if can take three points against Atletico will make Girona more comfortable their 3rd standings position awhile in La Liga and seems easily for qualifying to Champion League.
Its not difficult for Girona getting victory against Atletico Madrid or Barcelona because both teams losses on first half season match, I believe Girona understand well for securing three points against Atletico and Barcelona because want to make more safety for participating in Champion League next season for the first time.

I don't think Atletico Madrid's main target is to finish the season at the third position now honestly. Their target must be secure themselves in top four. Because it is really in danger you know.  Sad

While Athletic Bilbao are right behind by only two points every single point is important for both teams. Atletico Madrid are going to have one of the toughest games in the season next time. Girona already beat them home before. Simeone will need to get prepared for them better this time. It is such a tough game to predict on one hand because of the Champions League games they are going to play as well. I assume I will give Atletico Madrid win a chance here.
Exactly, Atletico Madrid should be more focus on maintaining their position on the table, rather than thinking that they can overtake Girona who is 7 points ahead of them, because it will be a difficult task for them. Atletico is playing in the Champions League, and that is also a big competition that they need to focus on. Perhaps, if Girona should play the way they played in the first leg against Atletico Madrid, there is possibility that they would win the match. However, Girona drop form, amd they have issues maintaining their consistency, which led to Barcelona bringing them down from the second position on the table. This is should an advantage for Atletico Madrid to win the match, due to Girona inconsistencies, and their 4th position is also at stake if they allow Girona to win them the second time. Since Bilbao will not lose their next match.
203  Economy / Speculation / Re: Buy the DIP, and HODL! on: April 03, 2024, 03:34:31 PM
Buying bitcoins little by little and withdrawing them to a personal wallet is the most effective way. I've been doing it for a few months and now I think I'm pretty successful even though I only have a few bitcoins at the moment. But I hesitate to buy again when the price of bitcoin becomes too expensive. Do you have an opinion? Unfortunately I just found out about this forum, if I knew about it a long time ago maybe I would have more bitcoins. Even though I've known about bitcoin for a long time, I was hesitant to start buying bitcoin for a long time before finally deciding to start buying it on binance
I'm quite inquisitive to know how much bitcoin you've bought that makes you hesitant to continue buying now because you think the price has increased too much.

I know that feeling that comes when you've probably invested above your normal range and you kind of think you've arrived and don't need to accumulate more bitcon or the feeling might come  that you should necessarily slow down on your accumulation because you can't buy much with the little amount you've kept out for your DCAing. It's normal to feel that way but if you can continue more further it will go a long way in boosting your portfolio. Making few months of stacking is for me too short termed and I wouldn't advice you to relax on your buying. It's true if you had started buying earlier this year, the value you used at the time isn't worth what's currently obtainable at the moment but understand that this is not the last stop to how bullish the market will get to. The halving is just by the corner and the truth is that you've not stayed even up to a single circle and as a single person it's practically hard to believe that you've accumulated enough Bitcoin that might have put you in the fvk you status or give you the leverage of waiting for moment when it DIPs so you can take advantage of it and stack up more.

Maybe you you're looking for an answer to what's probably bothering your mind and let me come out plain. Should you still buy Bitcoin now that it's $66k? Absolutely yes. If you're still on your DCA routine it's never a bad idea to buy at the time you've set out so you don't risk procrastinating and waiting over and over again and then the market continues getting bullish and all you're left with is regrets and hope that Bitcoin does comes down in the future so you can buy. Make it a necessity never to miss out on your DCA plan so it becomes easier to get to your accumulation goal without emotions coming along your way as a major hindrance.


I don't have much bitcoin at the moment, I only started buying around the middle of last year. Since the price was above $50k I decided to stop buying and now the price is even higher. I'm still unsure whether to continue purchasing or not, I'm waiting for the price to return to $50k or at least below $60k. Although I am pretty sure bitcoin will reach $100k but buying bitcoin for $66k is still too expensive for me. I'm still waiting for the price to go down and will buy again.

Even so, I am also afraid that the price will get more expensive and miss this moment, but I am still confused and don't really understand bitcoin price analysis. I'm still waiting for the price development and keeping my money in cash, once I'm sure maybe I'll start buying bitcoin again. I will monitor bitcoin price movements this month before deciding to buy again
You don't need to be afraid and confused on what to do, but I understand how you feel as a newbie, who just started his bitcoin investment journey without the idea of bitcoin price movement. What you need to do is not to wait, because waiting is very dangerous. You should use the DCA method to accumulate bitcoin, as it is the best for new investors like you who are ready to invest in bitcoin for a long time, and also build their bitcoin portfolio along side. You should make a proper calculation of your monthly income, and set aside your daily needs for the months, and also keep aside some funds for emergency that might occur during this period that you would be buying bitcoin regularly, so that you don't go and sell your bitcoin when an emergency rise. You cam also have a reserve funds, then any left over, you can use it to buy bitcoin regularly weekly or monthly.

You should be consistent and persistent with your bitcoin accumulation so that you don't skip any week or month, because that will slow than your bitcoin investment from growing with time-line. You don't need to wait just get started after you have figured out how much you can invest in bitcoin that would not affect other expenses. The DCA method gives you the opportunity to buy bitcoin at various price level both at the dip, sideway movement and during the pump. This is is best option for you, and if you get started after a long period of time you will be happy that you took the bold step. If you keep waiting and bitcoin price did not dip to 50k, it means that you won't be able to buy and you will miss out the opportunity of increasing your bitcoin portfolio, and you will regret it, because bitcoin price increases with time-line, and the profits of buying now.
204  Bitcoin / Bitcoin Discussion / Re: Money vs Bitcoin on: April 03, 2024, 03:12:35 PM
Fiat currency has never been used as a store of value, because it can be manipulated by the government, and the government prints more money when there is low circulation of money. What are store of values are those valuable assets that appreciate over time, which fiat currency is not part of it. We only use it to buy and pay for goods and services, because it is a legal tender made by our government. Gold, estates and landed properties are known as store of value because they are used as hedge against inflation. Here comes bitcoin in 2009 the only digital currency that can now be used as a store of value or as currency reserve for the future.
205  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: April 03, 2024, 02:32:10 PM
It will be interesting to see how Man City play against Villa tonight... Bookmakers certainly make City favourites in this match, but their last game against Arsenal wasn't a sure thing... Now Villa shows not bad results and is close to Man City in the standings... Perhaps this match will be similar to yesterday's Newcastle vs Everton match...

Honestly, I'm not sure this match will end in a draw like Newcastle vs Everton. Moreover, City plays the match at home. playing in front of TheCitizen supporters, will add motivation to Pep Guardiola's team. This match also proved to Aston Villa that City would beat them with a fairly large score. Yes, considering that in the first meeting, City had to give up with a narrow defeat at home to Aston Villa. in this match it is not just a matter of City's proving match against Aston Villa, but more about remaining in tight competition in the Premier League standings until the end. three points, which is the result they must get against their opposing team. Moreover, bookmakers far favor City over the opposing team. On the other hand, even though Aston Villa was able to beat City in the first week, in this match Aston Villa had to be careful. City will show their best game to get full points. My estimate, there will be 3 goals in this match. or, maybe more than that. 

Before the City vs Aston Villa match, Arsenal will first host Luton. In the first meeting, Luton put up quite a fight even though the match ended 3-4. Now Arsenal are the hosts, just like City, three points is the result that Mikel Arteta's squad must achieve in this match. At the same time, Arsenal will lead the top of the standings, although perhaps only temporarily. especially if we refer to betting options, choosing Arsenal with the 1×2 option is not a wise and ideal choice for me. The point is, Arsenal will win this match and so will City. As for betting options, I think I'll try it when the match is played.

I like the way Luton are playing this season against top clubs... They play decently but can't win... From recent games it's a good game against Newcastle away or the game against Spurs... Of course Arsenal at home looks very serious and it is unlikely Luton can win... But I expect them to give a fight...
I don't see Luton fighting with Arsenal on this game or will I say that I don't see a tough fight on the game. It should be a clear win for Arsenal who will be desperate to secure all three points in order to be on the title race. Luton will also want to fight their way out of relegation. However, sometimes these teams on the relegation position do play with all seriousness to the point that they can win big teams, because they don't want to go on relegation. Arsenal should be able to play Luton with a pattern that will make them surrender, and accept defeat, otherwise, we might see a different result.
206  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: April 02, 2024, 08:51:04 PM
Good odds on the Real Madrid- Manchester City game, both above 2, but i feel is really risky to bet on it, maybe i put that on a multiple bet, but i dont wager big money on a single bet on it asides of what i think City is gonna win the game.

The main doubt is about how hard is this Real Madrid against good teams, is gonna be the first big team faced by this "" new"" real amdrid with Bellingham, so lets see.
You should not forget that Real Madrid has more experience in the Champions League than Manchester City, so I don't see Real Madrid being afraid of Manchester City's status as defending champions for the upcoming match. Manchester City have weaknesses at the back, they are also less reliable in attack, but they are dangerous because Pep Guardiola is a tactically astute coach.

If you believe Manchester City can win the first leg, then bet on them winning. But don't be disappointed if in reality you have to get Real Madrid as the winner in their home match, that's what I believe so far. Regarding risks, everything is risky and of course you have to minimize it as best as possible.
I agree with you, Real Madrid have players that can score from anywhere, and their goals is not centered on just a player, but any of their players can score. The moment Haaland, and Foden is held down, there would be no goal for Manchester city. We saw how Haaland was marked against Arsenal game, and he could not do anything, likewise Foden. Manchester City is not as strong as last season, but I can tell you that Real Madrid is better than last season. This is because Ancelotti learned his lesson last season, and as Benzema left the club, he decided to work on the players to make sure that scoring of goals does not depend on just one players. This is what have taken them this far, even when some players have injury, Ancelotti still manage the available ones to make sure that they win their matches or end up in a draw at least. Personally, I think Real Madrid would always be who they are when it comes to the champions league, because they are the only ones that have made history with it. Also every season the UCL trophy is always their target.
207  Economy / Gambling discussion / Re: While placing bet what comes your mind on: April 02, 2024, 07:26:30 PM
Yesterday was trying to place bet and during the process something in me keeps telling me to increase your wager do you know if you would hit something you never won before.. I was like is this how other people are being controlled by gambling or is it how it works? I said, no wonder some people gamble and finishes their allocation for the week or month. This can even lead someone to also go borrow if this feeling is not killed and stop, you can also see that this attributes in gambling addiction.

However, have you had this feeling while gambling before be it offline casino and online casinos?

That's not understanding your own limits and greed setting in.  Your first guylt on how much to bet something is typically the right amount based on whatever risk appetite you have for that.  Then greed sets in telling you when (not if) you win your winnings will be higher.  Risk starts getting adjusted or overrides by greed.  Happens all the time.  You need to understand if you are susceptible to that and just stay away then.
People that do have this kind of thought of increasing their wager whenever they want to place their bet is because, they want to use gamble to double their money. This is where the false hope would come in to their minds, that the chances of winning the next game is higher than losing it. Of course, when you follow that instinct of yours, and increase the wager, you will end up losing the bet, and maybe that is when you will not be able to control your emotions, and you will start chasing your losses.
208  Local / Off-topic (Naija) / Re: Appreciation to All Voters on: April 02, 2024, 05:01:29 PM
Congratulations to you oga Agbe, I was happy to see a Nigerian among the winners of this year pie baking contest. This show say you dey good for baking things. I go make order for one pie so that make I feel the taste.  Grin
I believe that you deserve to be the winner, and that was why you won, so give baba God all the glory, and dey prepare yourself towards the pizza contest, because you fit still win that one too.  Cool
Naija no fit carry last bros..i love that statement.
209  Economy / Speculation / Re: Buy the DIP, and HODL! on: April 02, 2024, 03:26:51 PM
You may sell your BTC during the bullish period of, which may be a sign of good business. Now you bought again at the time of low market, here you stayed with Bitcoin and increased the profit margin.
I know people who engaged in this practice and at first it looked like good business and easy money but as time progresses, they usually come back to face reality which is that they have ran out of Bitcoin or have their Bitcoin portfolio depleted with no way of accounting for the profits made. This happens in two ways, the first of it is that when they buy during bear market and sell during bull market, some usually keep this money in their bank or in stable coins and every now and then they will always see a need and will use part of the money to meet such needs.

A good investor will always know that his investment asset in not what he can use on other purpose, even the realized profits are expected to get back into the investment in other to have more chances on earning more from the additions in them, we have to maintain a unique kind of business model and this ethics is to maintain the boundary on what we use our intended investment fund for, we cannot do without attending to some needs as they may even come in urgent to us, the reason why we are expected of having alternative to our source of income , when we invest, we buy the dip, hold and when the market rise, then we sell, we do this over and over again.
It is not a wise way of investing, and such method of buying and selling over and over again will take your bitcoin investment portfolio to nowhere. The plan is to invest for the future and the longer the timeline you hodli, the more profit that you would have. If you buy at the dip and sell at the bull run, it seems that you have short sight of what bitcoin would be in the future, and you don't have a bitcoin target. You prefer to just be stagnant and reap from the only profit of the circle, instead of allowing your bitcoin investment portfolio to grow for upto 10yrs and above so that you can enjoy from the compounding profit that would be accumulating. If you can hodli and grow your bitcoin investment for a very long time, and never think of selling too quick, your bitcoin portfolio would be able to reach a level that, even if you are not buying regularly through DCA anymore, your bitcoin investment would be making more money for you.

This is why an investor needs to aim high as not just within a circle or when bitcoin price dips, and it pumps to an extend, you rush to sell and hope to buy back. Why are you selling to buy back, if you know that bitcoin investment is worth hodli. Why not save yourself the stress and panic because of your actions. There is no investment that can give you the kind of profit bitcoin can give you, because you might say that you want to sell and use your profit to invest on another business. Think of increasing your bitcoin investment till infinity, and not starting all over again every time, because you will not get closer to the fuck you level.

Thinking you reached enough coins may be an error. Can’t be sure 10 or 20 or 30 is enough. But 500 should be good.
210  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: April 02, 2024, 12:42:56 PM
TeamPoint
Inter
76
Milan
65
Juve
59
Bologna
54
Roma
51
Atalanta
50
Lazio
46
Napoli
45
Torino
44
Fiorentina
43
Monza
42
Genoa
35
Lecce
28
Udinese
27
Verona
26
Cagliari
26
Empoli
25
Frosinone
25
Sassuolo
23
Salernitana
14

my beloved Juventus is in crisis, lost with Lazio
Your table is outdated. It didn't have the updates of these recently played matches.



It is a pity that Juventus lost and Roma played draw apart from these two teams, the other teams on top five won their matches. Inter just need 4 more wins to seal up their victory as winners of this year Scudetto.
211  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: March 30, 2024, 12:04:27 PM
very true, in practice they will be fighting until the last day to save themselves
apart from Salernitana, now safe in Serie B, even the others can manage to save themselves if they want, so it will be a close fight for all the last teams in my opinion
of course always is this

This is different from the peak of the temporary class. Inter already look comfortable with a gap of 14 points.  Even Napoli who were very superior last season were missing from the top 3 for this season. There are still 9 games, ranked 13-19 still have a chance to kill each other to stay safe playing in Serie A next season.  But for Selernitana it seems to take a miracle with the victory of all the remaining matches and that seems impossible.

Of course with the points Inter Milan has they can now relaxed because there is no way other clubs can beat them on this league table, like you mentioned I'm also surprise to see how Napoli that has that kind of good performance last season will be this poor in performance that they were unable to at least secure the second or the third position of this league, however this there match against Atlanta seem to be very tough on Napoli because Atlanta is really showing some kind of good level of performance and they have been dominating Napoli since the beginning of the matche till now and there ball possession is very high because Atlanta has 65% while Napoli has 35% ball possession, so perhaps if it continues this way Napoli may likely lose the match.

Also in terms of Selernitana situation on this season even grace cannot bring them out of the relegation zone because they have the worst performance on this league season and there points is too small that even if they win there matches they will not still be able to come out, so perhaps they seriously need to work on the team so that there next season will not be this way.
Napoli defense got confused inside their box giving Atalanta the opportunity to play with the ball and  Miranchuk was able to put the ball at the back of the net on the 26th minutes to take the lead. Atalanta is playing impressively ever since the game started and this s b ows that they are aiming for all three points. Napoli needs to calm down the pressure mounting on them by Atalanta to make sure that they balance the game and equalize the goal.

Napoli 0-1 Atalanta.
212  Economy / Speculation / Re: Buy the DIP, and HODL! on: March 30, 2024, 08:42:06 AM
I actually suspect that I_Anime does not even have that good of finances in place,   ..  but I don't know, yet these would be the kinds of considerations that a newer guy into bitcoin would have to attempt to take into account and try to plan around so that he can control the amount that he sells or does not sell and to consider if there might be some price points in which it does not make sense for him to continue to DCA.. and either just to hold those funds or maybe put them into other assets.. which are all trade offs, in which some guys will just continue to accumulate BTC for more than a whole cycle before getting into any ideas of selling any BTC or even discontinuing their DCA... but part of the problem is reality.. and the reality may well be that the job of any newbie is not really paying very high wages as compared to the appreciation of their BTC (at least the appreciation that may not end up being sustainable)

While most people now make money for a living, there are few people who can earn some extra income beyond a job or fixed income. What you suggest is certainly valid, but most people by now think that cash is the only thing that matters to them. That's basically why they convert from all other currencies or from bitcoins to cash. Because of this they cannot implement any kind of plan, because the cash withdrawals are spent on life or livelihood.
Every man needs money for his living so man engages himself in various business jobs so that he can provide his financial support.Whether people have a job or a business, they have a certain plan to set aside or insure some of the money they get at the end of the month. People should understand that if they deposit their remaining money in bitcoins, they can make more profit from bitcoins instead of cash. Bitcoin investment is easiest for those who have an additional income opportunity as they can invest in DCA method if they want. Anyone who invests in Bitcoin this way gives everyone the opportunity to deposit Bitcoins weekly or monthly. People who have a job get paid a fixed amount every month and not everyone spends the full amount of that salary. If they invest that money in bitcoin and if they accept their bitcoin investment as a bank, even if they are able to manage it for a long time, they will be able to succeed one day.
sometimes , depending on a single stream of income most expecially as an average salary earner might not give you the luxury of being consistent with your DCA methord most expecially in most countries where civil servants don't get paid on a regular bases and thier salaries can be withheld for months before paying which could be a serious setback that might possibly hinder the effectiveness of your DCA routine but knowledge and discipline entails that you understand the peculiarity of your Financial circumstances and make proper planning which might involve looking for alternative streams of income that will stand as a support system in times when issues might sprout out regarding how consistent you receive your pay.
Self management is what matters a lot in our bitcoin journey. It is not a most that you need to have various means of income before you can be consistent and persistent with your DCA approach weekly or monthly. Those civil servant that you mentioned that are not being paid regularly, it is not a problem to hinder them from using DCA strategy to accumulate bitcoin, because it is the best option that a new beginner can use to accumulate bitcoin to a certain height. Since you said three to four months is when they get paid. I know that it cannot be always maybe it use to be once in a while that the government pays them like that while the other months are being paid regularly. Such investor only needs to frontload his DCA to cover for those monthly that he will  not be paid. If he is paid regularly, he continues to buy whenever he gets paid.
213  Economy / Services / Re: [OPEN] BestChange Signature Campaign | Sr Member+ on: March 30, 2024, 07:20:29 AM
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=3529859
Amount of merits for the last 120 days: 87
BTC Address: bc1q2jftr8ushh6tpj46r28pjud3csu4dmdpn8ucsj
214  Local / Off-topic (Naija) / Re: Avoid taking Loans on: March 29, 2024, 09:00:31 PM
Taking loan is the beginning of your financial downturn, because it will draw your backward, and it will look as if you are working for the people or institution that you are in debted to. Living on debt will not make you stagnant in life alone but it will be like a threat to you, because your debtors are always on your neck. This is why I would not advise anyone to see taking loan as the only way out, because the compounding interest is like a poison that kills slowly. If you are working, it is the same thing because it will affect your up keep.
215  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: March 29, 2024, 07:22:27 PM

But De Bruyne is also an indispensable factor in the squad. This is the leading midfield duo in the world at the moment, with one inclined towards attack and the other inclined toward defense. Extremely compatible with each other. The warning for Man City is their dependence on Rodri and De Bruyne.
It seems a little disagree with some of these words because for me Pep Guardiola or Manchester City never depends on the great players you mentioned because for me Manchester City is the most solid club among other clubs almost all players contribute and become part of the players who can be relied upon like Bernardo Silva and Phil Foden.
Some of the players I mentioned are only a small part of the whole Manchester City player who is always ready and very reliable without having to rely on or depend on just a few players.
Pep Guardiola had rotated players very well when De Bruyne was injured and also Haaland suffered an injury but it turns out the results are still very good at that time.
Man City victory relies more on De Bruyne mate, and I will put it like this, no De Bruyne no Man City. You have forgotten so soon when De Bruyne was in injury, and the club was facing difficulties of winning matches. Haaland could not even score goals like he use to last season, because of the absence of De Bruyne. Did you watch the first watch that De Bruyne played after he came back from injury against Newcastle. He came from bench and scored the equalizing goal and also made an assist on the third goal which made City to win the match in injury time. The match ended 3-2
216  Economy / Gambling discussion / Re: What is the #1 rule you live by in sports betting? on: March 29, 2024, 03:07:34 PM
I stick with the basic rule in gambling, which is never gamble with the amount of money that you cannot afford to lose. If it is either a game that I have the knowledge of the two clubs or not. It would not change anything, because sometimes I live betting on underdogs when I know that the chance of them winning the game is very slim. This makes me relax and just try my luck to see if I will be lucky. Lastly, I don't bet all in one, because the chance of winning will be only on that game which is very small.
217  Economy / Speculation / Re: Buy the DIP, and HODL! on: March 29, 2024, 09:36:22 AM
Since we are always buying through DCA, it will be difficult to always determine our entry point. For me the holding period is the main priority in this case. It will be foolishness for me that doesn't have up to one bitcoin to compare my profitability with someone who have up to one bitcoin or more. But if someone who has up to a bitcoin sell of early and I continue holding my bitcoin for many years, there is every possibility that my profit will get to his level when he sold of or more, because we don't know the amount that bitcoin will get to in the future.

Actually an investor who is slowly coming up using DCA method to accumulate Bitcoin shouldn't compare themselves or trying to compete with those that has already started investing on Bitcoin for long because always trying to get an amount of investment other investors have could lead to aggressive investment were as you will put everything you have just to remain on the competitive trends, although there is no harm trying to accumulate as many Bitcoin as you can but trying to compete or reach out to other people amount of investment is not wise because it could lead to aggressive investment which could sometimes cause by fear of losing out, so perhaps in as much as DCA method takes a while before getting a reasonable amount of Bitcoin but is actually the best and you would be surprised with the amount of Bitcoin you will realize from ten years and above.
A good and focused bitcoin investor should not think to go into competition with anyone, because our discretionary income differs from each other, and also our responsibilities too. You might go into accumulating bitcoin competition with your friend that you guys started to invest in bitcoin at the same time, and lose focus on how to manage your cash inflow. This  is because you are over aggressively buying without considering your emergency funds in a good size of up to 3 months and above.

If when  you are faced with an emergency that is bigger than your emergency funds, you will end up selling part of your bitcoin, which makes the competition useless and foolish, because you fail to understand your own discretionary income and invested like you have so much. While your friend is still busy buying regularly without stopping or selling, talk more of an old time investor that bought bitcoin very cheap, and have made so much profit due to compounding effect of his bitcoin profit.
218  Bitcoin / Bitcoin Discussion / Re: Bitcoin to the common man. on: March 28, 2024, 08:02:28 PM
A poor or an average man  which you refer to as a common man can invest in bitcoin for a very long time, and use his bitcoin investment to transform his financial status in future. All he need to do is to believe in bitcoin, that it is a life changer when you can accumulate up to a certain amount based on their discretionary income. He he believes that, then he can look for a means to increase his income  if it would not be enough to take care of his monthly bills and also invest. Everything is determination. If you know the importance of investing in bitcoin, you would find a way to invest and hodli. They can use DCA method which is the best for such people because they don't have money to lump sum. Setting a specific amount of money that would not affect his income, can be used to DCA regularly either weekly or monthly for 4 years. One don't need to be rich before he can invest in bitcoin and that is why bitcoin investment is different from other investments.
219  Economy / Gambling discussion / Re: How does affilate programs work in casinos? on: March 28, 2024, 07:04:34 PM
Just like everyone have said  there is no difference with what I want to say. Affiliate marketing is just like you are promoting a casino, and you ha e a referral link in which you tell people to register and you get your commission in every game played by them in the casino. It means that you are to bring more people to the casino and earn from them, but it is not as easy as you think because you must be popular and have a good number of followers that you can influence.
220  Economy / Gambling discussion / Re: When you are not to gamble. on: March 28, 2024, 12:55:23 PM
👉👉when you are in need of money urgently
Some people gamble the most when they are in need of urgent money. They use the little in their account to gamble believe they can double the money in no time through gambling to do what they want to do. This most times go wrong making them to lose the little they should have save for that purpose
What you said is nothing but the truth. Most people gamble with the last amout they have, hoping to win more due to the little financial constrain they have, and may end up spending the small they have generated. I could remember back in the days when my friend was trying to gather money for his house rent, but due to taken unnecessary risk on gambling, Saying that he wants to double his hustle and he end up spending the little he has in gambling and was left with nothing.
That is the problem with most people that started gambling because they thought that they can use it to double their money. Unknown to them that gambling will only take the little that they have from them. Whoever have some money for a project, but the money is not yet complete, and thinks that he can gamble and become lucky to use his win to complete the funds will lose all that he have already. This is why gambling should be done for fun, and not for profit so that we don't get disappointed with our losses. Whoever needs money should go and get a job, because gambling is not a get rich quick scheme.
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