I don't think it's true that bitcoiners don't like meeting face to face. There are weekly meetups (of ~10-20 people) in the city I live in - however from my personal experience with these, it's just a giant circlejerk, there's no added value from those conversations. Every meaningful discussion happens online, imho.
Well we all have fun different ways and to meet to discuss an interesting topic has no less sense than lots of other forms of entertainment. But in offline meetings most would hardly say something exact because it can be unsafe, so I guess main topics would be abstract. And anyway IMO it is good to meet, to know that bitcoin becomes more popular, etc.  So let's say introverted people? They can't talk much face-to-face, but online they can talk a lot. Though I haven't experienced this kind of meet-up, for sure most of us are shy at first because even though we know each other online, face-to-face is different, but still, there are people who want to meet up physically, and there are also people who want to meet up online. Whatever the reason, the goal is the same: to discuss bitcoin, have fun, and also the plans of oneself about bitcoin. |
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Still, it is better to have basic knowledge of what you've stated above rather than jumping into it, but there are really newbies who want to earn fast and easily, like overnight. A trading bot is also not that reliable, and if you purchase one, it is better if you build it from scratch, as you know where it goes and what the problem is, rather than buying it and then not knowing what happens. No matter what move we choose, learning is the very first step to being successful.
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It won't really happen overnight, but we are already far since its first release and also the pandemic, which was the time bitcoin was featured in the news and very well known on social media. Bitcoin is doing its own thing to be heard by all people. When the pandemic hits, a lot of people that I've known have been talking about bitcoin and asking me about it, as I've always shared a post on my social media about it and shared some of the items I've purchased. The future of adoption of bitcoin is bright; let's just observe and continue what we are doing.
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To make a living, we must work. In uncertain days like now facing the global economic downturn, a stable job with high income becomes a scarcity. A side job or business seems like more necessary than ever, which can minimize the risks of losing your current job, ending up pennyless. However, a side job/business also takes time and efforts and can never be attained whenever we need it. What did you do or will you do in order to ensure your finanical stability despite all unfavorable circumstances ?
The side job nowadays is nothing extraordinary anymore, I'm sure the majority of workers who are still in their productive age today definitely have at least 1 or 2 side jobs (I also have 1 side job), even if they only give a small amount of money. running out of money is really very bad, so multiplying savings and investments is very important. lucky for those who are living in countries who can easily get their side jobs. because there are so many countries that even if the person wants a side job to augment his income, he can't find one. so for those who are in the area where you can easily get 1 or more side jobs, take that opportunity and save for yourself. Most side jobs are abundant in those 1st world countries, unlike in the third world, where most people need full-time jobs. Also, the impression is that finding an online side job is easy, but the truth is that it is difficult once you don't have skills. Even if you do, a lot of people are already looking, and the competition is very difficult, which is why you can't still find or accept it. That is why lucky people have side jobs, and for those who don't keep looking, for sure you'll find it sooner or later. |
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I believe I am very in control of my habits so I have nothing to be afraid of, for now.
I only gamble in a very casual way, so it is nothing I do in an impulsive way and whenever I reach my loss threshold I give up and log out my account. I simply accept I do not have any luck left.
I believe it is better that way to me, since I like to save money as well.
If you can control gambling by your own strategy then it is good for you and you will get rid of deep gambling addiction. And if you can get rid of the deep addiction of gambling then you will be able to use it only as a place of entertainment and you will be able to use it as a golden place to relieve your tiredness and pain from time to time. I myself gamble but it is very limited and I keep a fixed budget for each week to enjoy enough entertainment but not to become deeply addicted. But not all people are the same as us and can control our emotions; there are gamblers who have difficulty controlling their emotions, which results in addictions. That is why others tend to seek help or take some medicines just to make themselves calm. It is like us, we don't have anxiety, and others do, which they always advise them not to think of, but it is difficult. That is why there are experts on it to help them, but the problem is that a lot of addicted people won't do it because they don't recognize themselves as addicted to it. |
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My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision. This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.
Now
*Hold
*Sell
*Trade
Looking forward to the opinion of the experienced.
The reason why your altcoin dies is that the developer and owner leave it. That is the problem with some altcoins if you hold them in the long run, unlike bitcoin, which is a sure profit. That is why it is better to hold bitcoin than that altcoin. Also, your experience is that when you bought at that current price, then it starts dropping. The meaning of this is that you didn't analyze the chart properly to determine where the entry point was, which is why you lost. You should have a strategy for when to buy so that you will minimize your losses. |
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Hello Everyone,
I am not speaking about just Bitcoin. I am speaking about every cryptocurrency / token. Regardless of crypto price fluctuations, many online and offline stores are ready to accept crypto as payment. So How will willing are you to spend crypto for your purchases?
If one doesn't spend their crypto for purchases and wait for to spend their crypto when its price is nice, are they really considering it as a cryptocurrency or can we assume like those people are treating more like a security or investment instrument?
Are there still other options for making transactions besides having to use Crypto? if there are other options, for example, being able to pay using Fiat money, then I will not use Crypto for payment. For me it's better to keep Crypto for a long time until the market normalizes than having to sell it when the market doesn't support it It would not be a wise choice when we spend our crypto assets to shop when the market is experiencing a bear season. I said we have to keep holding on until the market returns to normal. Don't we have crypto for the purpose of investing and profiting in the future? It would be a wrong step when we actually issued when our portfolio was red. Whatever happens if circumstances don't urge us to release the assets we have, I will survive even for a very long time. These are some of the plans I had made before putting my money into crypto. There are also instances where you need it in an emergency, so you don't have a choice but to spend it, or else you will borrow money from others just for your emergency. Though it would be really great if we kept holding this for a longer period of time and stopped the panic selling on it or just spent it because you want to buy your wants since you'll gain more profit in the long run, again, we can't dictate to people as it's their money and everything they can do for it, but this is just advice if they want to gain more profit. |
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The advantage that I can think of for the person in the community is that it can give them another source of income if they plan to invest in it; this is pretty common because of its high value. We can also easily send money to a person wherever he lives, but this is not the case right now as there are a lot of methods to send money online. The disadvantage is that the volatility of bitcoin can result in a significant loss of investment, especially for those who are new to it. To others, this is an advantage as they can trade on it.
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The advantage that I can think of for the person in the community is that it can give them another source of income if they plan to invest in it; this is pretty common because of its high value. We can also easily send money to a person wherever he lives, but this is not the case right now as there are a lot of methods to send money online. The disadvantage is that the volatility of bitcoin can result in a significant loss of investment, especially for those who are new to it. To others, this is an advantage as they can trade on it.
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It has a possibility because some countries already use bitcoin as their legal tender, right? So it is really possible, but the question is when for sure it will take more years or decades, but also keep in mind that bitcoin was not made to replace our current fiat system, hence it was made so that we can transact or send and receive money online that can be easily tracked and has low fees. Due to technology getting better and cashless society getting introduced to us, it is really possible that bitcoin was one that will be used, or if not for sure, it was derived from bitcoin also.
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It makes no sense to me not to touch those untouchable savings if you really need them. I don't know if we have the same mentality, but as long as we start struggling, like when I lost my job, that is the time I'll use it, and if ever I do have extra money, I'll pay it back. Savings has always served a double purpose in my life: for emergencies and for things that I needed to buy because that is the purpose of money. I ain't holding myself back from touching it if I really need it.
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Without a steady source of income how do you think that their Family could survive?
Even if you have a huge amount of money if your not using it wisely to have an income it would just drain up from all the food and bills for your family.
I've been there and done that it doesn't really work out unless you would have a passive or steady source of income.
How you budget your money can really make you pay all your bills and be able to buy food for your family as long as you have income on a monthly basis, even if it's just low. You also need to find a side hustle to purchase other things. I just remembered before when I lost my first job that if I ever stayed there and the price of foods and items is the same right now and I have family to feed, I would really give my family a hard time as my earnings were low. That is why it is best to have two sources of income so we can survive the expensive price of food today. |
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It makes no sense, as win or lose, it's still the owner's money, but for sure the owner gets tired because he is the one who first tried to play all the games before they were released to the public, and I also think the owner just plays it for fun no matter if he loses or not in his free time. He just focused more on running his casino than playing it. Also, for sure, he is already used to it because most of the owners of the casino or betting site have a wide knowledge of it; that is why they made that platform and want to venture more into it than just playing.
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So it is the gambling playground of the very rich because if they just go to a normal casino, they can't be catered to enough. It was a luxurious casino for those who could afford it, but for us, we couldn't experience it unless someone brought us there to gamble, but I'm curious: how big they bet on that casino? I am sure it is so big that I can't imagine just for them to have fun and play with their money.
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It is just that people are scared to take risks even if the profit they will gain is more. It is because the emotions of losing are bigger than winning, no matter how big it is. I think it's because of the reason behind that money, like how hard he earns it, like in bitcoin's slow adoption because people are scared of their hard-earned money to lose even though it could double or triple their investments. Though there are really a lot of factors to consider, if the people are just risk takers, then the possibility of gaining profit (same on video that they almost all win) is bigger than losing.
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The way the ChatGPT explains this is almost the same; it is just that the things that it is giving as an example are just appropriate to the age, but again, the message was to control ourselves and also spend only what you can afford to lose. Though it is the basics to not do in gambling, many of us fail because this is more difficult to do. But as long as we are mindful of what we are doing in gambling, we can prevent this, and if those who are already addicted to gambling seek help from professionals, they can be cured.
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I will continue to work at my main job (if I'm already working) because after all, what is called passive income sometimes doesn't always work continuesly. It would be wiser if we put passive income into our savings and we continue to work as usual or start a new business.
It was also the best move, but others are already exhausted from their main job, which is why they are planning to focus more on their passive income, but it was a really bad move as passive income is really effortless, meaning you are not doing anything but still earning money, so it would be better if you had a job that was still giving you money at the same time and also tried to improve more your passive income. OP is really lucky to have both, but just to be safe, it would be nice to stay at his current job and at the same time run the passive income. |
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It is important for gamblers to be aware of their spending habits and to engage in gambling responsibly in order to avoid negative financial consequences.
I don't think the gamblers were not aware when they want to use their money, just like you, me and everyone else, money is really important and we will think twice before use it. Gamblers who spend a lot money or taking a loan are really dumb because they just take easy and think they can survive by become beggars. If you have a friend or someone which is an addict, it's better to stay away and abandon him. Otherwise they will ask money over and over with many excuses. I agree. It's a stupid thing at creating a loan in the bank if its purpose is for mere habits. Just how I look at how stupid those people who does the same just to buy the new iPhone. If it ain't important don't go far as taking loans, pawning things, selling properties, and others to get money. Spend what is designed to be spent and if it loses take a rest until a new budget comes. Some say gamblers forget how much they are spending in betting but I doubt that, they are calculating everything, the losses, and the profits. Mostly their reason is to look good, which is the same with you. I don't understand why they will do it. I prefer saving than taking out a loan or borrowing money to buy my wants, as I know it would make me happy for a short period of time. I usually take out loans for emergencies or invest in equipment like computers for work purposes, but for an iPhone, I don't do that. Though we can't blame them as we don't know what they are thinking, let's just respect them as for sure they are doing hard work just to achieve their wants. |
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(....)
The market has had swings during February, but I believe this is not bad sign for bitcoin as basically the price is just looking for new support before going high. I think correction is needed as that would only provide good opportunities to buy some, and now is the real time to take advantage. I'm trying to get some optimism about the February move, but some FUD have affected the interest of traders and investors I think. Investing now or later is the same, but of course it's a good opportunity to buy because the price is still low. If anyone wants to invest long-term, then I think this is the time. For what happened this February, I believe this is just a pullback or correction for what happened last month (January 2023) the gains we did was unexpected and I believe it is too much for just a month and that's why recently we started to experienced some dumps and I believe it will continue or we go sideways this month but not again too much pump just like last month. My prediction was also sideways, and it was funny to see a lot of people right now again ranting or murmuring their losses in bitcoin, as for sure when the bitcoin starts to rise, they already bought, though this is really part of holding as it is early to conclude, so I do hope they can hold more time than panic sell. This is really a correction, but I expect that it will break its resistance sooner; it is just some sort of testing the resistance to see if it would be easy to break. |
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I am already at the point in my job where I ain't happy anymore, and trust me, it's suffocating. I thought at first I would love this job, but later on I realized that I can't now. I don't have any advice for you, but what I would say is that you should find the job you love, no matter what the salary, because it will affect you in the long run, which means you'll resign or be emotionally drained. Right now, I am really planning to pursue my career that I love, but I should take into consideration that I have a family to feed.
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