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This will be among one of the top fights ever in history in boxing. From my observation and information Jake Paul simply want to make a name in boxing, and that's what he us working towards of which this fight can make such show.
I believe Mike will end this show in 6 seconds with a a super Knockout(KO) can't afford to miss this fight.
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Before the introduction of the online way of gambling, which is the use of mobile devices, the elderly were into gambling in the traditional method more than the young ones. However, the introduction of mobile way gambling changed the way of gambling which makes the young one to be more active in gambling than the elderly ones. Elderly ones are more into gambling in a traditional method than the young, while the young are more into mobile(modern) gambling than the elderly.
Where I come from, the elderly see the traditional way of gambling as a way to test how intelligent they are with one another(not bets with money always), and to whine away their time to be happy during the process of playing draft board games(draft games can be so addicted)
True. The advancement in technology and its adoption is what causes the change. The Elderly can't flow along with the new methods now, and finding difficult to cope with. They still gamble at pool centers with pen and paper while youngsters are using there mobile devices to place bets. On the average the young ones gamble more than the elderly now. |
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We take break after a loss and also a win, because most at times if you keep gambling after a win you get tempted to increase your stake amount to win more, also after a lose we often want to recover our losses . In essence Moderation over everything as you gamble what you are willing and ready to loss, don't allow greed kick in. Once your allocated amount for stake that day is meet stay off.
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I think this depends on your country policy, if your country doesn't permit such, your account will be freeze. But they only know about it when you write crypto or any related information as the description of the transaction.
You need to be careful, and act within your country monetary policies.
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Bitcoins investment and it's prospects for the less privelag and poor in society can't be overemphasized as it has allot of promise to the poor in our society, I can categorically say that Bitcoin is the future of the world economic growth and stability so it has the capacity to end poverty in any society as it value increase progressively over time that means more money to the investor and Bitcoin investment is the antidote to ending poverty especially in economical less privelag places like Africa
So you mean bitcoin can make you to be rich? No doubt bitcoin is good and has add good value to people financially. One thing about bitcoin is that you need to have money for bitcoin to give you money. People that are trading and investing in Bitcoin if at all they become financially elevated in the future it is not because Bitcoin did for them without them doing anything. You must first have something doing first as a source of income before bitcoin will add it own value. Bitcoin doesn't just make people to be rich just like that , their is a need to get source of income before you can be rich in bitcoin. Bitcoin can't literally just make someone rich, if you put it that way we find ourselves trying to sell off or gamble with her prices, Bitcoin has promising future for any investor but would take time to build and a maturity stage to before total reliance on it. How about we take it as an investment (asset), that grows increasingly and overtime yield it value with our set investment plan, then we can use the profits made and consider it, but can't make someone rich especially from scratch without any source of income, buying, DCA all gears down that you must have a source of income first. Understanding the key to wealth, then leads you to invest in relative to secure your future rather than regretting for lack of proper money management. |
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Funny enough I don't believe that anyone who holds his investment for less than 4 yours is a long term holder except on cases where the person was able to accumulate so much bitcoin in such a short amount of time and maybe was lauck to invest in a time like this(for those that started invest maybe mid last year or from last year). Holding an investment withing a duration of a year to four is no longer what we should be seen as short term investment, we can even make the expected result within the first year of investing on bitcoin if we happen to fall under the right timing that after our investment, the market continues in bullrun on a sustained range, just as we have it from now, if someone is investing now and could be able to hold till this time next year, there is high probability of making more profits over his investments because of the post halving bullrun experience. If we can maintain the investment we are running in the long term, of course this is not an easy thing for everyone to do, of course we must have a good understanding of the investment we are running and have set a profit target from the investment and will be patient in waiting for the profit. What we will get is that someone who starts investing now will of course still be able to get a profit from the investment they make because I am very sure that the price of Bitcoin will continue to increase in the next few months. Hope you understand that to see a reasonable profit in bitcoin, you should have held your bitcoin investment for at least a full circle which is usually 4 years. So anyone who is buying now hoping to see sizeable profits within few months as you are saying might get a bit disappointed, unless they are buying the way Microstrategy usually do. But if it's someone who is buying through DCA, I don't think they will see a good profit in few months as you are speculating. I agree with you. Not that they don't understand or see the reason but, the ability to stay discipline regardless is fvcking the process. As human you begin to hunger to purchase new things, and tendencies to spend arise most of them can't stand. Discipline and sticking to the initial plan, not being moved rather continue accumulating according to your means careless about what the market does, your only concern should be how you go about building a solid portfolio of a valuable asset like Bitcoin. |
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The thing is that bitcoin has been giving out amazing returns since the beginning.
Since it's the first cryptocurrency and has been on the top rank since inception, people have developed a strong trust on it.
This is the reason why there are a lot of strong holders holding bitcoin.
But then again, it does not mean that we shouldn't diversify our portfolio. We should keep investing in promising altcoins.
We should actively track our portfolio and keep rotating our money in valuable assets.
Valuable asset like Altcoin, lol. If you're still in the early stage of accumulation I don't see any need diversifying your portfolio with altcoins. In as much as diversifying is good, you can invest in Real Estate, and other promising and profitable physical assets. Rotating money with altcoins is simply you accepting a death sentence, am not saying it's all bad but as far as you haven't accumulated much of bitcoin or have a solid portfolio no need to mix it up with shitcoins, invest in a tested and proven asset not some made up coins used for profit making without any foundation. It more or less gambling because you can't assure the state of those altcoins and the best advice I can give is if you have made some profits don't wait, use it. At last everyone will learn. |
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I think the halving's effect is still lying dormant, a lot of selling pressure against the buying pressure and the price remained under the current All-time-high?
To be honest, I dont see the halving times as good times to trade, or find an opportunity to trade because it is unpredictable but once the dust settles the bull or bear runs will initiate and then it becomes more fun.
Just let bitcoin grow as it is growing, unless we see more involvement from governments, growth will take time, a halving every four years has minimal impact.
I feel like there's a very big confusing situation going on with Bitcoin at the moment where traders don't understand if the market is going to go higher or if the chances of a bearish crash are high right now, so many people just stay silent. The hold is sitting neither they are buying nor are selling including me. I've seen a lot of people talking about halving as if halving is magic and right after Bitcoin halving Bitcoin will go up a lot and people will start profiting right away. And I agree with you that Halving time or the time when the market is very high is not a suitable time for trading as you have high chances of waiting for a long time for profit. As we all saw Bitcoin crossed its all-time high before the halving, and at this time Bitcoin is running enough proof so it won't be so easy to say that Bitcoin will go up and not down. So, I suggest traders with low investment should either adopt the DCA method or wait for a good time to trade. Traders that understand market movement isn't shaken by the price movement as far there confluence align. And I would say there is a clear difference between Traders and Investors, Traders are present either for a day, week or month just to make profit off the market whereas Investors hold for long-term careless about price movement, stick to there plan and keep buying, accumulating anytime. The only best approach is applying DCA, this shades you from panic, fomo since your asset will keep soaring high. Bitcoin is an asset not just a tradable coin. The essence is to build a strong portfolio, and accumulate more bitcoin for the future in a long run. That's the goal, having enough stash of Bitcoin, it's a digital gold just like we will all want physical gold and value it much because we know it value so is Bitcoin. |
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One of the biggest mistake is them believing gambling can be a source of income, which is far from reality. They keep chasing the fantasies of casinos hoping to win to live there dream life which keeps frustrating them, losing there money and most at times leads to Addiction.
The only way is to educate them more about how the system works, them setting limits, staying discipline, moderation and gambling within there risk tolerance level. Because gambling sites ain't programmed to help us but to make profit off us. So beginner coming in without this knowledge is disastrous.
Help, educate to save the younger ones.
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Using our winnings wisely is the only way gamblers can fill the inner joy why they gamble and relieve themselves. You immediately use the money to settle up any pending projects. This will give you a sense of satisfaction, rather than gambling with the money again because of greed hoping to win more money end up getting frustrated.
Wise use pays off, allows room for clear judgment rather than getting emotional disturbances.
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It's inspiring to hear about your journey with Bitcoin, turning $100 into $1130 through buy and hold strategies. Your dedication and commitment to avoiding addictive behaviors like gambling are commendable, showcasing the potential for a bright future with Bitcoin and responsible trading.
Bitcoin Buy and Hold and that's a word of encouragement. I assume OP has indeed determined its journey by trading short patterns with BTC and not long term. If you look at a glance, OP always has a lot of free time in controlling market movements where he has time to buy when prices are low and sell when prices rise at any time. Each of them certainly has the characteristics of a profit-making pattern in BTC and what OP has done is very good, at least he has shown that making profits is not in addition to investing in the long term and that can also be done as long as you are a patient and able. Trading is different from investing. Trading involves much knowledge and patience to scale through, buying and hold is the best approach because it allows you keep accumulating, DCA careless of price movement. Making profits through trading isn't sustainable and I won't suggest it for anyone in such a high volatile market. The best approach is investing in a long term, you careless about price movement then, and you keep accumulating more bitcoin, it is valuable asset not just a tradable coin. |
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If we talk about risk, Risking more or less is individually based, as risk tolerance level varies. It doesn't necessarily need to be either the rich or poor both will still face reality of loses. Nobody should risk what he isn't ready and willing to lose wether you are rich or poor, set limits.
Most at times, the poor are often found in this situation, which they see gambling as source of income, thus making gamble without limits, chasing loses, believe the fantasies of casinos. The poor are desperate, the rich are calm and ain't moved by the losses most at times because they have other means of recovering.
In essence no one should risk more wether rich or poor, set limits and moderation, don't give room for greed.
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They must be able to start thinking about not using gambling as a place to make money, just to have fun. They should gamble to fill their time and to have fun rather than thinking about winning money.
I disagree with you Mate. The game is fun, but our actual thought was we winning on that game not for the fun of the game, so how then should we say gambling is fun and thinkless of winning,lol. Time is precious, gambling shouldn't take or used up time for useful process. I think we are all lieing to ourselves, we just have to moderate it. Gamble within our risk tolerance, avoid chasing the fantasies of casinos this will go along way. As OP rightly said, think of your potential lose in relative to your winnings before placing any bets to be sure you're ready and willing to accept the outcome. |
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AI is built by Man, Casino is runned by Man, Gamblers are Human. It still revolves around Man. In essence there will still be means or alternatives to avert any possibility of gamblers winning with AI, of the truth AI doesn't guarantee your winnings, it still works within our range thinking of it as some powerful tool without flaws is wrong.
Casinos will still be part of the technological evolution, gamblers should be more concerned because, the casinos have resources to buy or build AI that can track down winnings or use any means to cut down gamblers winnings.
In gambling nothing is certain, we win by chance AI won't and can't change the system. It a game of predictions, AI will still do same. It based on personal take, if the predictions, strategies align with yours you can use it,vice versa.
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Those traders who you have highlighted are not scammers. It is not right to call them that. They have been able to build reputation, gathered the right audience through engaging content, built trust through consistent value delivery, and converting viewers into buyers and mentees. They are the metaphorical shovel sellers in the quote in a gold rush do not dig for gold, sell shovels. The monies they accumulate from the courses, their YouTube channels may now go into placing higher traders although they do not tell us the outcome, it is just what I am speculating.
Of course, they don’t force people to believe on them so they won’t totally fall as scammers. They are just doing their own job trying to educate these people around that get interested to trading, although it comes also with their personal interest to increase their views and get high compensation. But I really do agree that it’s very improper to call them as scammers, maybe the term “influencers” is probably what’s best suit for them. Well said. I have read most of the comments only to find out that most of the commenter know nothing just want to contribute with empty context. Am not doubting that some are scammers but for us to generalise it shows how dumb we are. If you ain't profitable yet, doesn't mean others aren't, there are many possibilities in trading, you all watch the podcast, learn from them, but still talk trash about them. Alright, why do you all trade,don't you have profitable friends, common we are more than this if they are faking it, it can be real too. Of course, they offer value. Let's stop this judgement, encourage ourselves and push on not comparing and giving opinions of others success, it just an antidote most of you are using to sustain your reason why you are unprofitable. Learn. They keep making money, you keep making comments. |
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No. You will end up regretting such decisions as relying on such a volatile market is highly challenging. They are other career opportunities outside Bitcoin, let us not expect much out of it. If you want a full time career in financial market being a trader is the best option but that will take time.
Investors who depend on there portfolio already have reach maturity stage, so it will take consistency, patience, sacrifice and the right knowledge before you can rely totally on your investment options. But mature investors and firm can live on Bitcoin but not a newbie or someone still in early accumulating stage.
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Success is something that will really be that depending on how someone would really be that handling himself into his crypto investment. Actions would really be that varying
depending into your views and perceptions in regarding into your crypto investment. Doesnt matter if its on Bitcoin or other altcoins.
Fuck crypto. yes it does matter if it is bitcoin or shticoins.. and so be careful if you are confusing them and convoluting the ideas in your own head, which largely likely means that you actually don't even know what bitcoin is or how it differs from shitcoins. Real, seems he is confuse. So because investment is individually based, one should allow the other to invest into a wrong project making bad investment decisions, damn. This kind of opinion often lead newbies to make bad decisions and end up regretting because of lack of proper guidance. Wether or not, one should invest in Bitcoin and get over any need to invest in shitcoins especially a newbie, focus on the main goal which is Bitcoin not putting your money into Ponzi. |
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The rich gamble to win but they aren't always as desperate like the poor people but that doesn't mean everyone is not looking for the money in gambling, any time people I hear people saying they gamble for fun it makes me laugh because I think they are just hidding their inner mind as that's not their true intentions.
You have said it all. When I come across comments like that, I laugh out loud more than you do. I will keep saying that we all gamble because we want to win(make money), if it was for fun no need to analyze, or care about your risks, you would have just placed random bets but that isn't the case, we keep lieing ourselves. Truth be told,most persons gamble because they don’t have sufficient money, blindfolded with the fantasies of casinos and end up finding that its far from reality. As gambling isn't and never a means to make money. |
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Greater addiction starts with the smallest one.
And that's why with those little habits that we're doing, if we do it continuously then that will create a habit that we will always gonna do. The same goes with gambling.
With the small type of gambling that you do with your friends, if done in the long run then it will become a habit and that's gonna make you addicted to gambling.
As human beings, we're going to find it when we get used to it and it's gonna be like our day won't be completed if we don't do any of it.
Just like you have explained, addiction start with a step and by the time we start doing such a time for long one after the other, we might be surprised that we could end up becoming addicted but might not be visible to a level we might detect it. Most time addiction comes with sweetener that will keep attract us to hi gamble am that we are going to make profit. That is the kind of words many addicted gamblers most receive at their side ear. Sometimes it could come with different options but if we that have that courage to say no that we don't want, we might be very surprised to fall victim and see ourselves gambling more that we supposed. Well said Mate. If we understand what addiction means, we get the point that it's a process and grows gradually without our notice, and we find such practice healthy. So it doesn't matter wether it is friendly or not, people also get addicted to a particular food, anything is addictive but it really worst when one get addicted to a wrong practice You just have to have control of any activity you take part in, and moderate it to avoid any possible consequences. |
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Bitcoin mining fees has increased considerably today after halving but there are no effect on bitcoin prices. I suggested some friends to invest before and they are blaming me for the suggestion. I told them to wait for final effect as it can take some days for effect on prices but they are impatient.
Smiles, you introduced your friend without educating them on how Bitcoin works that's why you are been blamed. You literally made they believe that they will make money once halving is over and clearly showing indication of short term present and gain off the market. You have to think of Bitcoin in terms of a valuable asset for long-term investment rather than a tradable coin, how about when the bull run is over will you still be present!!! You need to understand that the market doesn't work the way we think, just be patient and no need to panic, consider building and accumulating more Bitcoin, than thinking about how the market should go. Educate and talk to them they would understand and listen. They shouldn't be so impatient, it would appreciate. |
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