Hi guys,

After the immense hype up of the crypto industry, I jumped into crypto investing last year along with al lot of the casuals. I spent a couple of hundred bucks but sold just above break even point after the market crash last year. I was forced to because I needed the money to invest into myself to find a good job. Now that I've found a job, I started investing in crypto currency again, and started doing my due diligence.

My goal right know is to accumulate as much crypto as I can, but I'm not sure what the best strategy is considering the current economic factors. The approach I've had over the past couple of months has just been dropping a portion of my salary each month into crypto. But now I'm considering stacking my fiat to buy in on the bottom of this bear cycle which I think is yet to come. Would this be a wise decision? Or should I just keep going with the approach I have now?

EDIT

I would like to thank everyone for their helpful advise so far, I will definitely take each point made into serious consideration. Also from the points made, it lets me now that my mindset is where it should be.

Right know I'm heavily focused on accumulating as much Eth as I can. I'm almost at the goal I've set for myself in terms of how much I'd like to have before investing in another coin, since I've started investing again a short while ago. Next up I'd like to stack some ADA and BTC of course. But I can't help but wonder is accumulating ETH and ADA the right move right now? Or should I be more invested in BTC in terms of potential long-term returns?

Bitcoin price can not keep on increasing,  if Bitcoin price keeps adding values young and the new generation won't have the opportunity to buy bitcoin because it will be much expensive to afford that only the rich people will be the only one to buy bitcoin. The purpose for the bearish market is an opportunity for all level of people to have opportunity to afford bitcoin when it is cheap. It is impossible for bitcoin to experience just the bullish market.

Guys, has anyone heard smth about Intelfin Group companies? I read the reviews, it seems fine. They work with crypto. The yield is around 13% per month. Their plans seem to be serious. They even do co-financing. I'm lost whether to try or not. I 'd be grateful for any info. Here's the firm’s link: https://intelfin.io/

This, and like 99999 other internet services lol. It was described as if bitcoin/crypto is the only sort of "service" that the visually impaired can't easily use.

As for the solution: get a trusted family member to help you, just like how the visually impaired need a helping hand with a lot of other stuff.

Bitcoin promoters are betting on an eventual recovery that will vindicate their strength of conviction. However, even if the flagship cryptocurrency manages to surge to as high as $100,000 during another bull market, it will still be a failure, according to Nassim Taleb. 

The famed mathematician explains that the leading cryptocurrency has failed as a hedge against inflation. In fact, it has actually acted with opposite properties.   

As reported by U.Today, Taleb believes that the ongoing cryptocurrency winter may degrade into a full-blown “ice age,” meaning that prices will not recover for a long period of time (if ever).

The “Black Swan” author has also taken aim at “bitidiots” like El Salvador President Nayib Bukele who still claim that Bitcoin is cheap in a recent tweet. The self-proclaimed “world’s coolest dictator” continues to gamble away taxpayer money. Earlier this week, Bukele bought another 80 Bitcoins despite the fact that El Salvador, one of the poorest countries in the western hemisphere, had lost more than $50 million because of his ill-timed Bitcoin purchases.

Details:
https://u.today/bitcoin-will-be-a-failure-even-if-it-hits-100000-says-black-swan-author

Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?

Super competitive people like Phil Mickelson and Michael Jordan seem to have a problem when it comes to gambling.  It's like their mind can't comprehend not being able to win at something, so they convince themselves they can win, even though the odds are stacked against them.  I'm sure a lot of the time having huge pockets helps them keep going until they get ahead, until that stops working.  Then they find themselves in a massive hole with no way out.  Luckily, these athletes have a ton of money so they can afford the loss, but most people in this position and with this belief they can win end up losing everything.  I'm glad these athletes are speaking out, because I'm sure they'd all be a lot better off if they never wagered a dime.

He needs to put his mouth into his clubs and impress the fans, if after this fight he made an impressive performance expect to see more noise about the possibilities of his next money fight, though just the same, he needs to win first before expecting another good fight to come, there are things that Garcia needs to establish against Fortuna a good ticket to have a better future career inside this sport.

It can be very misleading if bonuses are the first and only thing you consider before signing up for an online casino, you may sign up for a dubious casino even without your knowledge. Some dubious casino's can take advantage and offer very enticing bonus to lure unsuspecting user's who consider bonus first and not credibility and long time record of a casino they are about to sign up for.

As much as bonuses are good, we should avoid following after bonuses blindly.

Well I don't really know the type of gambler that I am but I think I am a casual gambler. I gamble anytime that I like with looking at many factor of whether I have to win by all means. I don't take gambling as too serious because I have other means in which I make money. Gambling is not meant to be taken too seriously because we can lose money anything if we are too greedy or too money conscious. Gambling is supposed to be taken light and not too serious just like as many of us used to see it. Lucky comes to us anything so winning a bet is not always certain.

Doesn't matter for Magsayo if he will be listed as underdog, the outcome will not be based by how the bookies list him. Instead, that will be a good opportunity for us if he's really going to be listed as underdog in our favorite sportsbook but I doubt it for now, I guess he will still be listed as the favorite to win. Well, we will know it soon and maybe next week it will be posted.

Gambling can be genetic and passed on to offspring, but I have noticed that females are not addicted as male when it comes to gambling and that gives me doubt about it, or maybe that is how it is in my region, men are most into gambling. Or maybe the gene is more concentrated in men than women.

No one can blame addicts, but any bad deeds done by them can be punished. The more fact we need is that addiction is not good, it can lead to a kind of life someone do not wish for himself, the reason we should use just the amount of money we can afford to lose and nothing more than that.

I've been thinking to myself about this question, as I never imagined this situation.
I don't know, maybe yes but maybe not, I believe that each gambler thinks differently about this great devaluation that we are currently having.

I imagine it doesn't affect so much, because there is a great chance that gamblers will still act even with this situation we are currently having.

A person needs to think deeply about a few things before starting gambling in online. Adherence to these principles a gambler have more chances of getting success in gambling platform which can make a gambler responsible from the start.

Things to obey:

1. A gambler should gambling as an entertainment, not as a way to make money or the earning source of money.

2. Don't try to bet with your everyday life leading money which is very much needed or can't afford to lose  like billing, rent, food or something like that.

3. You should Understand the potential of the game, embrace it wisely and predict your chances of winning at that particular game.

4. It is more important to read the terms and conditions carefully other wise everything will be invalid.

5. No betting on YouTube reviews or anyone's advice. Prepare yourself to understand the advantage or disadvantage.

6. If you lose your assets then don’t pursue the losses.

I think your success in gambling will definitely visible if you follow the these instructions. Here  you can add your knowledge and experience for the flourishing to this concern.

The most popular suggestion you can get when trying to quit gambling especially when you are continuously loosing money is mostly that you should just stop gambling itself. This sounds like an almost impossible task for many who are already hooked to it and just hearing that alone is discouraging. A better suggestion and an alternative to quitting gambling completely is to start betting with fake money gambling apps. With FAKE MONEY GAMBLING APPS, you can continue gambling on the app even on live games, but with fake money. So in reality you can maintain the experience you derive from gambling and not loose any money except the fake one in the process.

Although the original idea behind the creation of such apps was to provide a platform were individuals can practice their betting skills without loosing money before actually gambling with real money, i still find it useful to those trying to quit because they keep loosing money.

In Order of user rating and for suggestion sake, some of the best fake money gambling apps according to user experience, core functionality & innovative solution are (please note that some of these apps still offer real gambling services, and if you really want to stop loosing money, you should avoid)                                                                                                                                          source

What is your opinion on Fake money gambling apps, do you recognize the potential I think they have to assist in reducing the number of gamblers who loose real money?

It's been observed that gamblers prefer to play on casino which do not enforce KYC. Well, let's discuss what are the main reasons that they do not want to show their identity and gamble anonymously.

They don't trust the casino as the casino might misuse the kyc documents or the gamblers want to gamble without telling anyone that they are the gamblers,  gambling is illegal in their region or religion and they want to hide their identity or there could be any other solid reason?

Gambling is not only for those people you've said. It depends on luck no matter how much money you have. There are others who only have small amount of money but still able to win a huge prize or even hit the jackpot.


Did you expect that using that strategy is a sure profit? If I have a huge amount of money, that is the strategy I will never use. It's like burying yourself into your own grave everytime you lose.

I love this momentum when we all have our equal chance to grab more altcoins that we love or even the main coin which is Bitcoin. When crypto is in the sale like this many people avoid crypto since they really believe to media that tells Bitcoin is dead bla bla bla.. I pity them when they didn't know the risk and didn't know the opportunity behind that risk and only came back when the crypto price on the new ATH.

I believe Bitcoin reached the point of no return in that sense when it recovered from the 2018 fall of the price. Many thought Bitcoin would never reach $20k again, and it's been years before it did, but it happened and, as we know, the new ATH was established. I don't think that it's reasonable to believe that Bitcoin will die after it recovered from that situation, unless something very serious (like WW3 or breakthrough in quantum computing) happens. The last years have shown that things most aren't waiting for and that haven't happened for decades can actually happen, so who knows, but until then, Bitcoin is likely to stay afloat and continue growing long-term.

If you want to invest in an asset which is not influenced by bitcoin then you need to look at other markets because that is not something that you are going to find here, think about it, the market dominance of bitcoin is above 41%, and those are the official numbers, I would not be surprised that if we excluded centralized coins, stable coins and the fake market cap of many coins this number easily reached 70% or more.

This means that whenever bitcoin makes a move the rest of the coins move with it simply because bitcoin is that big, so if this is a situation you cannot tolerate any longer then it is better for you to look for assets in other markets in which you will be interested to invest.