Gold has been mined on our planet for many millennia. But it continues to be of high value. Therefore, I do not think that the discovery of gold ore deposits in Uganda can significantly affect its price. All ore will not immediately turn into gold. This is a slow and labor intensive process. Its infusion into the market will be gradual. In addition, in our age of high technology, the cost of goods that are available in every country and are in civilian circulation is growing. It also serves as a guarantee against the depreciation of gold. After all, for every gram of gold there is a commodity that can be bought for it.
In general, this event in Uganda is unlikely to have any impact on prices in the cryptocurrency market.
We can say that its been here through ages and i dont know on why people do really keep on tagging gold existence and events circling around which do been attached to bitcoin or crypto as a whole. Why we cant just let those things to happen and its on independent manner. Even other economic events doesnt really give out significant impact on crypto in most cases but of course we cant really able to tell precisely on whats happening in behind but those are all probabilities and something that cant really able to know thats why we do really become speculative because we cant able to tell on where the market would be going basing up with those sentiments that circles around.Discoveries or something wont really mean a thing most of the time. |
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If one person get addicted to a gambling and make a good profits if he got his/her luck then for sure he will pass to his/her new generation he will teach his/her grandson on how to play in that game or where to put their bet. In a game like boxing, basketball or any sports there's a big chance of the family that they will involve in a gambling if sports will come because we all know that sports is one of the best way of gambling.
That's not a good thing to educate and pass on the addiction to your kids. Comparing passing on of addiction to any sports is absurd IMO. It's completely different and they're far from being compared since sports is a better habit than being addicted. But, we don't know if there really are parents and relatives that do pass on their addictions to their little ones. That's actually no good if they've done that. Totally dumb if you do ask me on who the hell would really be tending to pass out addiction into their children if you do know that addiction could cause that financial problem? What type or kind of parent are you if you do really have that kind of consideration on passing that shit into your children? You would really be minding off for them about best things for them and not to those things which could potentially put their in harm. Gambling could be gain through behavior and surroundings but it cant really be passed through DNA and i dont know on where they do get that idea. I don't know. He just said that. Just because someone made money from gambling and despite being addicted, he thinks that it's okay to pass on that addiction and let it be inherited by their grandsons or sons. It's really an off and odd comparison. Maybe there's a better explanation on that matter but for me, I don't see anything clear with it and it shouldn't be done. Shouldnt really be done but instead we should do our best on not letting our sons and daughters on touching up gambling since we do know on what are the things that they could possibly experience which isnt really that good because not all does have that good control when it comes to emotion when dealing with gambling. Anything or do talk about activities cant really be passed through genes. Its not clear since its not totally relevant nor connected at all and just like on what others been saying which is actually true and on point. |
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This is true, It's a common behavior of people who just got into the market. They lose trust after seeing a massive down fall on prices and eventually sell their asset on a low price that result to a loss. Whales just keep taking advantage of the market buying all those discounted bitcoins, This is why whales are just becoming richer as time goes. I'm pretty sure that those weak hands just entered crypto because of the hype of bull market in the past few months and now they are suffering because we entered bear market. They haven't experience the bear market that's why it's very new to them. I hope those who just entered the market and sold at a loss will learn their lesson on their experience.
People could only be classified in to two. 1. One who do believes into potential of Bitcoin 2. One who do easily get affected by their emotion and making out direct conclusions. Its not something new for a human being to have those reactions because who wont really be that get stressed on the time that the market do make out some decline? For sure we are really experiencing those stuffs. |
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If one person get addicted to a gambling and make a good profits if he got his/her luck then for sure he will pass to his/her new generation he will teach his/her grandson on how to play in that game or where to put their bet. In a game like boxing, basketball or any sports there's a big chance of the family that they will involve in a gambling if sports will come because we all know that sports is one of the best way of gambling.
That's not a good thing to educate and pass on the addiction to your kids. Comparing passing on of addiction to any sports is absurd IMO. It's completely different and they're far from being compared since sports is a better habit than being addicted. But, we don't know if there really are parents and relatives that do pass on their addictions to their little ones. That's actually no good if they've done that. Totally dumb if you do ask me on who the hell would really be tending to pass out addiction into their children if you do know that addiction could cause that financial problem? What type or kind of parent are you if you do really have that kind of consideration on passing that shit into your children? You would really be minding off for them about best things for them and not to those things which could potentially put their in harm. Gambling could be gain through behavior and surroundings but it cant really be passed through DNA and i dont know on where they do get that idea. |
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Need a week or more to stabilize and if it was able to climb back to $20k range and stay hover at there all the time, not dropping any lower back to $19k. If that is a thing, I say we are bottoming out. Not bull season yet but the price will be better and improve the overall market outlook, at least I can welcome that.
We are already on 20k price point but the hardest decision you would really make is neither consider on making that 19k price as a bottom whether it would really be the last drive down into its price before we do take off.We know that this is something that we cant really able to determine on whats the bottom as always which the hardest part is on when the price starts on moving sideways which it would really be raising up questions whether it would really be having that next pumping move or would plummet the price even more which could possibly hit those 8-12k mark on where the community had been always speculating? No one really knows thats why whenever you do make yourself in position then it would really be depending on someones analysis and risk taking on entering the market into its current price level. |
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Totally not relevant right? It isnt really that connected on someones DNA on where you do say that it could be passed into your children or sons/daughters because even people or parent would really be
involved into gambling but doesnt mean that it would really be definitely be on the same on where their children would be doing.It cant be passed but it would really be influencing those kids
if you wont guide them on the proper way and telling them about the risk of doing gambling.It do matters on parenting if you are really tending not for your children to follow on the same steps
you have done.It all matters about educating them about the risk but if you do missed it out then dont get surprised about possible things to happen ahead.
Gambling is not in the DNA - it's the lifestyle which make a person a gamblor. But saying that gambling is transferred through genes is totally irrelevant. And most of the time the kids don't follow the footprints of the gamblor father. But whatever it is not transferred through DNA This is what im saying which its not really that right to believe that it could be passed through DNA and it all matters on the behavior which ive seen some who do have gambler parents but their children is totally opposite of it whether they had been told or been prohibited or they are totally making decisions on their own on not to deal with gambling because its not their line of interest which it is mostly the case.Its a wrong belief i would say and there's no prove about such manner that it could really be passed on that way but it would be more accurate that it could really be that influential whenever they do see someone who do play actively. |
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Everyone is saying that the BTC bottom isn't in yet, this is literally what everyone is saying and most times the opposite of what people are expecting is what always happens in the crypto space, do not sleep on 10k per BTC, it may never happen.
So why you do make yourself get affected too much? Its whether you do believe or not then its still your own decision which one you do believe whether its the bottom or not but most of the time people do really love on hearing out other suggestions and recommendations but honestly we are all speculating because bottom is something that cant be predicted by anyone or anything. Lets say no matter how professional a person is but still there's no way on predicting it precisely thats why we should really be that non dependent on others calls when it comes to this manner. Market could only have two paths whether going up or down but speaking about predictable prices then its really that impossible. |
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I know we are greatly influenced by the environment we are born into and sometimes become gamblers because of where we find ourselves, i also considered the possibility of gambling being hereditary and found out that it is also possible, that is gambling can be hereditary , Gambling is linked to a gene that is passed on through generations and a new study claims that it is passed on to both sons and daughters alike.
now come to think of it since it is difficult to escape our genetic makeup, - Would you blame an individual who becomes addicted to gambling because it is wired to his DNA? -Can their gambling problem be put in check by regular methods? -Will the addiction be worse than someone who picked up the habit? What a load of rubbish, nothing is "wired" to someones DNA. It is a learned behavior and picked up from the environmental setting someone grows up in. It is not a gene, but unfortunately whoever the guardian is to a child can have a huge impact on their development as a person. If you live around someone who smokes a lot, you're much more likely to pick up this habit. If you're around someone who flaunts that they are betting money on whatever, it's not as bad as smoking which has an addictive chemical property, you might be influenced into thinking it is less dangerous. Parent's and guardians have a massive responsibility to teach their children good behavior and it is very easy to pass along bad habits without even realizing. Totally not relevant right? It isnt really that connected on someones DNA on where you do say that it could be passed into your children or sons/daughters because even people or parent would really be involved into gambling but doesnt mean that it would really be definitely be on the same on where their children would be doing.It cant be passed but it would really be influencing those kids if you wont guide them on the proper way and telling them about the risk of doing gambling.It do matters on parenting if you are really tending not for your children to follow on the same steps you have done.It all matters about educating them about the risk but if you do missed it out then dont get surprised about possible things to happen ahead. |
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I think portugal and spain have both endured youth unemployment statistics near to 50% for their age bracket of 19 to 24. It would seem parts of europe have already achieved 50% unemployment for some segments of the population. Wages rather than unemployment determine prices. It all depends on what consumers can afford to pay.
In africa where the average wage can be as low as $30 per month, prices are low. In other nations with higher average wages, prices will be higher.
Unemployment doesn't have much affect on prices. And cities are generally becoming less friendly and hospitable towards unemployed and homeless populations as time passes.
If you come to south asia - you will see 50% people living below the poverty lines. Some countries have made a good progress while the other corrupt government and bureaucracy has not let the country progress. Thats why numbers wont really be the same on every corners of the world if we do speak about unemployment because it does really vary on how the government do handle out such problem and how to resolve it out.If they are something we do talk about 1st worlds where economic status is really on that good or sweet spot which does provide lots of jobs into its citizens then expect unemployment would be low but if a certain country do lacks infrastructures and investors who do plan to run a business on a particular country then of course it would really be restricting out that kind of opportunity for it to be created or open into its citizens and if this one would continue then we do know on what would happen next. |
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I don't think gambling with fake money will solve any problem, I think that's just like a demo account? How will you feel when you are gambling with the fake money and you endup winning all your gamble but you can't make withdrawal, definitely you will start thinking what if you used your real money, you will have make enough money so you will end up quitting the fake money and deposit your money and start using the app. I don't know maybe it happens to me alone, whenever am using a demo account am always winning but whenever I start using my main account things won't really go well again. So to me using fake money won't solve any problem.
Thinking like that will make someone start trying to use real money and want to feel the experience of gambling with real money. But unfortunately, things will not always go according to what he imagined because using real money will make every defeat painful. Maybe if you use a demo account, you can always win because that may be the attraction of gambling so if you can't control yourself, you will try to deposit some money to start gambling with real money. And when you use real money, you don't feel the same winnings as when you use fake money. But if it's just for fun, using fake money can give a gambling experience. You cant totally feel the real essence when you do make use of fake money or digital ones and just like what others been saying that the thrill and enjoyment wont really be there since you do know that you wont lose nothing which means that on each bet you would really be that careless since you do know that you arent dealing on something that has value.This wont really resolve out any addiction problem but rather making it worst because instead of avoiding gambling activity but still you are really making him get involved which would sparked even more that interest to play with the real ones. If he does have the opportunity to play with real money or came from his own pocket then he would definitely choose on using real funds than on wasting his time into something that he knows that its fake. |
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Self-exclusion from gambling will still be useless if it’s only for temporary reasons. It will only be effective if that self-exclusion means he’s banned from all gambling sites forever. That way, his addiction will definitely be stopped, or just consult a medical practitioner that is expert on dealing with addiction. Self- exclusion gambling feature is just your first step, you still need therapy to finally heal your addiction and make you recover from it.
If that gambler that has made it for himself to use self-exclusion in all casinos that he use. Only two things can come and happen for real. 1. The gambler will still find a way to gamble if he's not comfortable of what he did. I've tried that before to abstain for one activity that I've doing but I'm still finding a way to do it. 2. He can control and going with his will to quit for good but this is going to be a long process. Gambling problem did exist since Gambling was invented. We dont know on when it actually started but much sure that gambling addiction is directly been molded because people are way too emotional which creates that impulsive kind of behavior when we do talk or speaking of money. Addiction is a condition where you do mind off about making profits with gambling and on the sense or situation that you are already spending much more of your finances than on the profits or money you are making. You would definitely ending up on having a gambling problem if you dont set out limitations or having good control on oneself. |
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Ofcourse it is. Buy the fear sell the news definitely is true because of the psychology.
Buying when everyone are selling in a panic gives us the opportunity to buy at cheap prices whereas selling when a positive news is published gives us the leverage to exit temporarily at a higher price.
The market always falls back and that is when we can buy back and make the profits.
But at the end, not everyone can do this gracefully.
Just to mind off about on when people should really buy? Are they buying when market is on trending or having that Fomo time or into this bear market? Of course people would tend to get in when the market is dumping or soo much fear in the market and we can see on some index which does indicates that we are on certain condition which it isnt really bad to have considerations on making decision for us to set us some position on accumulating cheap but of course it wont really be that an assurance that it was the bottom but at least basing on past or history then we do already have the idea on where prices could possibly go after sudden dips or crashes. I agree on what CZ said but of course not all would really be that confident on taking up such action. |
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In my own case I don't think I've engaged in using one before but if i may judge frombthe experience in trading bot i will say that it's not advisable to make use of gambling both, the reason because if it were to be a bet you place by yourself then the extent to your winning capacity will not be limited to a particular range, they set target on the bots for max and min win, there's no how you can maintain a consistent winning while using both, it's programmee base on randomized decision, and when making a winning, the amount is very little compare to when loosing, i will rather play using my ability than employing a bot to perform my role for me.
No. Bots are not designed to have some random decision. It was programmed to do the work for you that's why it was called a bot in the first place. It won't affect your winning rate as bots just place you to do the gambling for you but each bet is still under the provably fair of the website. Using bots is not profitable as it will just follow the algorithm that the user likes to execute automatically. The only advantage of using a bot program is it will give less hassle to do manual bets and you will just sit back and watch your money loses, kidding, just sit back and relax. If you used a bot for profit-making, that won't work. People should realize it on which it is really still needing some tweaks or commands on which a certain user would able to make use for those bots to follow which does simply means that it doesnt really have its own mind on creating own strategy when it is been ran automatically.Its totally a misconception i would say on which people do really believe on to these myths.This do really simply creates that kind of desperation for something to work which it isnt really actually that a good thing for you to mind or believe on because thats not how reality works. Bots are for automation and not something a tool that it could generate profit for you and you should accept that reality. |
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do you discuss the problem if btc can make people rich in a short time ( if lucky ) and will make people poor if we have the wrong strategy in terms of sales graphs ?
because most people think bitcoin can make people rich even though behind the success of people here it takes effort and accuracy of predictions, right?
I agree with you. I think that this condition is also important to tell them. For, they may have very high expectations on Bitcoin achevement that they invest, it probably makes them expect that their life will be really changing with Bitcoin and being rich soon because of Bitcoin. This is important to tell that it may not be instant to be rich with Bitcoin, it needs process and also consistency. Moreover, the Bitcoin price is fluctuating, volatile, and also unpredictable, the price can be really dropped like recently. They should know that Bitcoin also has risks and they should consider and ready witht he risk before starting to invest their money to Bitcoin. Everything should really be explained of the ff; 1. Investment opportunities 2. Risk of volatility 3. Actual application or utility 4. Regulation aspect 5. Anonymity and Decentralization These are the common traits and things that should really be explained out.Dont give out any assurances and guarantees about on investment aspect that they could really be ending up on making huge money in a short time because we know thats not how reality works.Teaching them on any angle which makes them knowledgeable about it pro's and con's which is something worth to shared upon. |
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Your reasons are very appropriate for me personally, I don't want public to know that I am a gambler. Anonymously is the only way for me to gamble, about my family also hide my gambling activities, but not everything is hidden. Families should know a little for learning and experience, KYC documents are too difficult to do it for me because yeah sometimes worry about being misused or any data leaking out.
The common things on why people doesnt really like KYc is that they are afraid for those informations to leaked out or be misused on other means which is something true because even myself wont really be that comfrotable when i do know that my information is really out there been stored and you dont know the risk whether its been safe or not but just like whats been said bby other people that as long you do know that you arent doing something stupid then i dont really see for someone who would really be that too paranoid when it comes to their information that had been given on any platform thats been asking for it but actually this is just a personal kind of choice because there are some who could really able to bare such risk and there are some people who cant just able to accept it. This is why as much as possible limit the exposure of your vital information. Just submit your KYC docs if it is necessary and you feel that you have the advantage of doing so. Because we really have no idea where will this will end up with, we are just hoping that it won't be on the hands of fraudsters. Also, the reason I don't want to submit KYC is as much as possible I want to keep my privacy in this business. I havent submitted any documents or information about myself in gambling related businesses or platforms or even giving the simplest information that do connects about my identity but for exchangers or any services that do requires it then i dont really have any choice but to comply before you could fully make use of its functionality yet it do really sucks when you are limited but only into some other aspects but for gambling then i do avoid as much as i could on sending out any verifications or kyc just for me to be able to play.We do have lots of casinos in the market which its impossible that you wont able to find out which doesnt really require for some verification before you do play. |
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I totally agree that things will go back to normal. Feeling a bit of fear is perfectly normal when your investing but feeding the fear and ruminating on it is not helping your mind or your wallet.
I recommend just trying your best to stay calm, exercise more and find your inner confidence that things will turn around eventually. Personally, I don’t even look at my wallet anymore because right now it’s a bit of a waiting game until the markets level out.
Fear is a good indicator - the scarier the closer the bottom.  It is clear that the fall cannot be eternal and we will wait for a reversal and a new bull market, but a lot of time may pass before that. If you are an investor, then it is clear that there is no point in constantly looking into the wallet to see the balance, there is no point in this now, now you just need to wait. I agree into this sentiment. Fear, Greed Index might not really be that precise but its not a bad thing for you to at least checking it out. https://alternative.me/crypto/fear-and-greed-index/ We are on extreme fear.. So it might not be that precise or recommended to follow but it isnt really bad to have some reconsideration. |
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Your reasons are very appropriate for me personally, I don't want public to know that I am a gambler. Anonymously is the only way for me to gamble, about my family also hide my gambling activities, but not everything is hidden. Families should know a little for learning and experience, KYC documents are too difficult to do it for me because yeah sometimes worry about being misused or any data leaking out.
The common things on why people doesnt really like KYc is that they are afraid for those informations to leaked out or be misused on other means which is something true because even myself wont really be that comfrotable when i do know that my information is really out there been stored and you dont know the risk whether its been safe or not but just like whats been said bby other people that as long you do know that you arent doing something stupid then i dont really see for someone who would really be that too paranoid when it comes to their information that had been given on any platform thats been asking for it but actually this is just a personal kind of choice because there are some who could really able to bare such risk and there are some people who cant just able to accept it. |
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What are your current opinions on the cryptocurrency market?
We are dumping once again on which it might be able to break that 17k support or recent low if this incremental movements which is 18k at the moment but we cant really say if this one would be the last plummet or would be continous on dropping until we reach that 8-10k where everybody is really eyeing on based up on analysis.We know that it cant really be always precise but once those speculative approach and sentiments then we do already have the idea that it could really happen but of course it would really be depending but in overall on what things could possibly happen then my pocket is ready on catching those cheap coins and able to accumulate but lets see if those things would happen or not because its really just too low. |
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Ofcourse, we can tell if there's something fishy because we've been watching our preferred sports for a long time so we will really know if the game/fight is rigged. Anyhow, we will just feel discouraged about that fact but we will always find ourselves watching the same sport  I believe that rigging of games or fight are still common in low league sports and not in big events, they quite know that it is too risky if they will rigged a big event. Even if we know something is suspicious, we won't be able to do much because we are just ordinary citizens with no power to protest against the fraud. Unless someone sees that the match is rigged and he has the power to protest it, the protest can only succeed in attracting public attention. Fraud can happen without the public knowing it because the people who organize the fraud have the power to control the people around them. So we can only allow cheating even though we know it. Proving that a game is rigged comes with a price and it would take a long time just to prove that there is indeed a cheating happened in that certain match/game. As an ordinary citizens, we can only speculate it without having the chance to prove it because our voice is not that important compared to the minds who made the cheating happen. It is true that a single person cannot do much especially since they are not going to have evidence of what they are witnessing and any authority can easily disregard what they are saying, however if a great deal of people think a particular event was fixed then as a group they can apply pressure for an investigation to take place, also those complains could reach the ears of the losing team or athlete and they could demand and investigation as well, so fans as a whole can still have an effect as long as they act as a group. You are right because if you are the only one who would really be tending to argue out that it was fixed then it would be most likely to be ignored but when in groups then it could create out some noise which can definitely or possibly able to reach out but of course this doesnt only talk about small numbers of person but rather on the entire fans or supporters of such team where they are really that complaining about the fairness of the game.We cant really deny that fixed games could really be possible but pointing it out or making out complaints would really be a challenge already neither you would really be getting some attention but most of the time you would really get ignored or something that you cant do even if you do want to prove out at least. |
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*Bitcoin drops 10%* - "I'll wait for it to drop further"
*Bitcoin drops another 10%* - "it's going to drop more"
*Bitcoin drops another 10%* - "I'll finally buy at another 10% drop"
*Bitcoin drops another 10%* - "looks like it's going to drop further"
*Bitcoin drops another 20%* - "I'm not buying. bitcoin is dead"
*Bitcoin reaches the price floor, then rises slowly for months an months* - "I'll wait for the dip"
- repeat after every halving cycle -
Its a never ending cycle even not noobs or lets say those who do have experience will really be having this very common impression and mindset towards the market which isnt something surprising because market is unpredictable on the first place which do basically means that pointing out the bottom was always been a challenge or something you cant really able to deal off with it easily. Waiting for the dip or going for the bottom is what we do go all after all the time even short traders or swing traders do really mind off and not really just solely focusing on current trends and current fundamentals or events. |
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