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241  Local / Nigeria (Naija) / Re: Na misinformation, uninformation or greed on: July 24, 2024, 09:56:30 AM
Get rich quick syndrome is what is the reason why people will leave bitcoin and invest in altcoins because they have been decieved by the dev or Influncers that the coin has the potential of increasing in value like bitcoin which is a BIG lie.

Some people finds it difficult to be patient with life and do things the right way but instead they want to be faster than their shadows which lead to wrong decision making. Most of them know about bitcoin but the patient of investing in bitcoin and grow their bitcoin investment gradually for a long time is their problem because they don't want to get their reward in future but they need it now now.
242  Economy / Gambling discussion / Re: FIFA World Cup 2026 :Canada/Mexico/United States: Discussion Thread on: July 23, 2024, 06:19:54 PM

Brazilian soccer is having things gone opposite side with there is no positive news are coming right now for them because their performance is having huge decline, and they are unable to fix things which are needed to be done for the improvement now they are having 5th spot in FIFA ranking which is clearly giving all things about them in last few years even they are still having few top quality players.


Football has been played mechanically for too long. Coaches like Pep Guardiola have removed football from being a visual feast. Brazilian footballers are known for their beautiful samba-inspired football. But world football is now played on a more mechanical level. I think this is one of the easiest ways to explain the failure of the Brazilian national team in recent years. Lately, Spain and Argentina are among the best teams in world football. But I think the Germans could also be in this list if they catch a good generation.

You believe that football has become more mechanical in recent times and most possibly reason due to the influence of the coaches like Pep Guardiola ? I think that Historically it is the Brazilian football that has been celebrated for its flair and creativity (samba inspired football). Also i can speculate that Germany could also reclaim its status among the world's best teams if they develop a talented generation of players who can technical proficiency along with the creative football skills.
The Brazilians are fading away from football gradually, and Germany has good records in football which I might say that they are among the country that the or football is improving with passage of time. It will be good if they can surprise the world in the next world cup because they have a good squad.

What they need is for the players to continue playing together to tighten the bond in order for them to bring out a superb performance. However, they still need to improve their performance to be the best.
243  Economy / Gambling discussion / Re: When you're winning it's fun but when you're losing it's addictive right? on: July 23, 2024, 05:24:12 PM
Winning can also make one addicted to gamble because you will always want to keep playing so that you can continue winning and that is what greed do cause. A lot of gamblers will not stop gambling when they are winning and even if they stop, they would want to continue tomorrow.

The important thing is that you should gamble moderate and don't overdo it either winning or losing because that is when it can make you get addicted if you overdo it.
244  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: July 22, 2024, 04:55:46 PM
Inter is on an increasingly improving chart. In recent years, they have started to move forward all the time. They also won the championship last year. The next target is the European Champions League. After the final they lost to Manchester City, they are ready for a new scenario in which they can become champions. Their squad is better than last year and gets even better with a few good transfers. The most popular team in the Italian league recently. That's why Inter is one of the strongest candidates for this year's championship.
It's very true how inter has momentarily been of a brilliant progressive improvement in the past season and it's very deserving of every commendation. One challenge they will keep facing and may not easily get over will be the champions league. I'm not saying or proposing that they will not be able to win the champions League some day but with he recent evolutions in the champions League, they will need do more than just a regular kind of work to be able to beat the norm, getting to the finals at a point in time was a clear indication that have the potential to winning the trophy but they didn't try even better on their second trial after the time they made it to.the finals.
Inter Milan have to be one of the most consistent teams in Europe in the last two seasons thanks to the managerial exploits of their manager Simone Inzhaghi. Last two seasons in the Italian Serie A, Inter Milan weren't that impressive as Napoli was flying high in the league that very season but Inter Milan still managed to reach the final of the UEFA Champions League competition which they narrowly lost to eventual winners Manchester City. Last season, they managed to up their game in the league which resulted to winning the scudetto.
As the defending champions if the Italian Serie A, I strongly believe that Inter Milan is still the favorite team to win the league title come next season because they still have over 85% of the players that helped them win the Italian Serie A last season as well as Simone Inzhaghi who has mastered the Italian league.
It might not be so easy for Inter next season the way it was for them because Inter was very strong and started the season with consistency. However, it is possible for Inter to defend the title again since some clubs have changed their coaches and in the beginning they might find it difficult to understand the coach new game tactics.

On the other hand, the change of coach and players might also add to the club quality and improve the performance of the club to make it difficult for other clubs to win them easily. I think we will see a new club winning Scudetto next season.
245  Economy / Gambling discussion / Re: Gambling is not place to make money is place to lose it? on: July 22, 2024, 02:42:29 PM
       -     I believe more that our money is a place to lose money, because most of the gamblers who enter gambling are losers playing gambling in any casinos, so if you gamble, you must be prepared to lose too.

Because if you're not ready to lose, that's what will happen; for sure, you'll come back to gamble again to get back the money you lost, and you might even think that you might get lucky if you gamble again..
The house hedge will always win and that is why gambling is more of losses than winning. The more you gamble, the more losses to come and that is why you should not get carried away of making profit from gambling, because you are doing yourself more harm.

If you are gambling, only do that for fun with only the amount of money that you can afford to lose so that it will not affect your emotions and you think of chasing your losses. If when gambling, you make profit, good you enjoy the fun more.
246  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: July 22, 2024, 08:54:28 AM
I think the two teams will also benefit from each other if this transfer can be realized at this time, because each side will be able to benefit from it. And one of them is about the strength of squads like Manchester United and in the Bayern Munich camp, it is the power of money to be able to get other players that they want at the moment. Although on the other hand, Bayern Munich is also thinking about its own strengths in order to be able to compete again in the Bundesliga with all its rivals.
Talking about strength, it's something Manchester United has really got a whole lot of work to really do about it, the strength of the team isn't such that can be said is really firm enough at the moment, they have got a good number of work to be done up on their strength as anything short of that will be a problem to them this season, Bayern Munich doesn't appear to have issues soughting their finances they still have the capacity, they are one of the richest in German currently and so their dominance on that level is still top. The bundesliga trophies dominance is that which Bayern seek in the new season and getting this deal will play a pivotal role in achieving that.
Bayern does not have any issues with the team performance what they need is a good coach to manage the team and bring out the best performance in them because thay gat professional and outstanding players in the team. Their big problem is that they don't want any club to win Bundesliga apart from them and that is why it looks like they are having challenges because they were unable to win it last season.

Manchester united team has big issues and their first eleven was a mess last season with poor coaching showing that there is a lot to fix in the team which currently no one knows if United will be able to finish top four next season despite some changes.
247  Economy / Trading Discussion / Re: Question for experienced traders on: July 21, 2024, 05:01:57 PM
Imagine that you spend too much time and money on trading and you still run at loss, it sucks and no one will be happy that he is trying to make profit but running at loss most time because you want to be a trader. The market is not predictable and that is what makes it look as if trading is gambling.

I decided to hodli because I realize that buying and hodli is a future plan and that is where you get more profit from instead of throwing away your money on trading. Bitcoin price increases overtime and it gives me more reason to continue hodling because it is an investment.
248  Other / Off-topic / Re: The real winning of gambling is withdrawals on: July 21, 2024, 03:35:00 PM
It's not possible that you make a win in gambling and unable to withdraw, something that should be in place might have been detected for being missing, only on this note could we see that some were unable to make withdrawal on their gambling account, that is why we should also have to consider the use of KYC as being very important for us to know and fulfil every conditions required for us in other to make withdrawal an undeniable request.

It is true that by using KYC we can find out in detail whether later when we will make a transaction or withdrawal it is really safe and of course using KYC in the withdrawal system is very important so that we do not experience fraud.
And I agree with you, a gambler if at that time he gets a win that is in his mind is to immediately withdraw or cash it because that is what is awaited and it is impossible for him to just let the win be, sometimes he deposits some and some he will cash out to enjoy.
It depends on the amount won that is what will determine if the gambler will withdraw it or not. Of course if it is a huge win why wouldn't any gamble rush to withdraw it when his long time dream has come to true.

If it is a small win or an average amount some gamblers might become greedy and feel that it is not enough for them and they will want to win more but they might become unlucky and loss it all to the casino. That is when they will regret not withdrawing it earlier when it was still theirs.
249  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: July 21, 2024, 01:33:52 PM
The difference between Arsenal and Man City lies in the strength management. This means that when Man City started the League season they played normally, relaxed and were not in a hurry to be at the top of the standings. Man City can always manage when to play optimally and when to lower the tempo a little. So at the end of the season, Man City still has the reserves to release. The difference is that Arsenal when they start the season always use all their strength and rush to lead the standings. So facing the end of the season, Arsenal does not have the strength to boost the team's performance. As a result, what happened was that they fell from the top of the standings little by little because they didn't have any strength left.
I think it's a mentality factor, and Arsenal doesn't have that so in the last 2 seasons they have been unable to compete with Manchester City.
But I also think it's a natural thing because Manchester City have been building this team for a long time so they are far more than Arsenal in everything, while Arsenal has only been built by Arteta in the last few seasons.
And if Arsenal continues to support and give Arteta time to build this team, it is very likely that one day Arsenal can be like or even surpass Manchester City.
Everybody is focusing on Arsenal's "mental" issues. Its the easy thing to do. But folks, Arteta has some really outstanding football players here. Last season, they were right there with City. Right there. So, you cant just say its all in their heads. They possess the methods and the talent. They require that kind of deadly instinct. That view that they are the best, not only some underdogs slinking under City's feet.

Areta? He's a sharp guy. He knows what he's doing. These days, though, its more about convincing these guys of it too. They must walk on that field as though they own it. Like they are the most outstanding champions. You also know what? I think they can do it. They have possibilities. They are ravenous. This has nothing to do with getting up to City now. Its about assuming the new benchmark. Its about conveying to everyone the essence of Arsenal football. People, believe me; this team is going far.

I don't think if there is any big issue in Arsenal to make this team lose the Premier League title each season. They had good performances in this season and the last season when Manchester City won the title. Still, the fact about Arsenal and Manchester City is that Manchester City has a much better coach like Pep Guardiola in this team who can be a great advantage for this team. At the same time, Arteta is not experienced enough like Guardiola and that's why they are losing it.



Arsenal losing the title to Manchester City last season wasn't down to the coaches. Let's give Arteta the credit he deserves because he did a very good job throughout the season. I will narrow down Arsenal loss of the premier league title last season to squad dept, yes you heard right. Arsenal played very well but it got to a time when their players especially their front line were showing signs of tiredness and there were no replacement that could get the job done. Gabriel Jesus wasn't performing well anymore and Nketia wasn't up to the challenge. Arsenal defense and midfield were solid and Raya was excellent between the post. It was due to insufficient firepower up front that cost them the league. Put Arteta in Manchester City team of last season as the head coach and he will win the league. Arteta has gradually developed into a world-class coach.
I will still put all the blame on Arteta because he should have only focus on one league than focusing on two leagues when he knows that his frontliners does not have the strength to deliver back to back in different competitions. The reason why I am saying this is because UCL is a waste of time to pursue rather pursue EPL title that was already in his hands.

The match against Bayern Munich was what weaken the players that made them underperformed on that weekend match against Aston Villa, which Aston Villa won 2-0. City won theirs, while Liverpool and Arsenal lost theirs. That was the only mistake that Arteta did and still Arsenal was kicked out by Bayern in the second leg. It would have been better assuming he intentionally let go of that match against Bayern so that his men would win their weekend match against Aston Villa.
250  Economy / Gambling discussion / Re: ⚽ UEFA Euro 2024 in Germany ⚽ - Qualifiers➡Group Stage➡1/8➡QF➡HF➡FINAL on: July 20, 2024, 06:43:49 PM
He wasn't bad for The Three Lion, but not enough for them either. He is not a manager who has amazing experience, look at his managerial history, we can refer to Wikipedia. He has only ever managed Middlesbrough at club level [1].

The news of his departure from The Three Lions will certainly make many people happy, it opens up the opportunity for another great journey for The Three Lions themselves. Rumors say the English FA wants to get Guardiola as a replacement for Gareth Southgate, isn't this a great thing?

[1] https://en.wikipedia.org/wiki/Gareth_Southgate

It is doubtful that Guardiola will undertake to coach the England national team. Firstly, there he will not be able to endlessly change players, spending billions until he gets the desired squad and secondly, although Southgate did not win anything, he raised the bar quite high. Therefore, for Guardiola, the likelihood of failure will be very high. He will never take such a risk, no matter how much he sings about “new challenges.”
England is a country that controls the coach on what they want and that will not help Guardiola to achieve success because he will not be able to make his decisions right. That is one big problem England as a nation has and I don't think that the new coach they will sign will have the freedom to do whatever he likes.

If you are not from England, it will be impossible for you to coach their national team which Guardiola is not from England. Guardiola knows what he wants so he will not dare accept such offer because that might bring down his reputation in the coaching field.
251  Economy / Gambling discussion / Re: ⚽Prediction pre-season matches / club friendly on: July 20, 2024, 06:05:48 PM
I think Man UTD look fresh in this game against Rangers with them leading is it too early to say they are back on track? Things are not as we expected in their first game against Rosenberg but this is another chapter and I believe they can use today's game to redeem themselves because is important to let the fans see what they are to expect next season not the awful display they had in their last game but let's see how many goals Manchester United will score and how many they will concede, never to forget that they can as well play out a draw.
Manchester United actually started the game badly at the moment, but the depth of the squad they have at the moment is able to dominate the game, Manchester United needed almost 39 minutes to be able to break into the goal of Ranger who is indeed a Scottish team, the difference in the quality of the players is clearly visible in today match but I think Manchester United is still not worthy of us to say good at this time,  After suffering a defeat in first their friendly match a few days ago, it seems that Ten Hag no longer wants to be embarrassed by defeat today, so since the beginning Ten Hag has fielded most of his main players in the match, currently Manchester United has a 2-0 lead over Rangers and looking at the play of both teams and also the remaining time it seems that it will be difficult for Rangers to catch up with them in the match.

Edit :
Full Time : Ranger 0 vs 2 Manchester United


I for one cannot rate any team even the Manchester united that played and secured Victory on this game because for I really don't hold the friendly games to be that much of significance because I believe there are some teams that will definitely do well in this friendly then there after when the main league has started they will play all sort of nonsense performance so I just take the preseason games to be something like a warm up of player strength.
You are right, the friendly match does not determine the strength of a club because most clubs that plays the friendly matches don't take it serious. I think ETH listened to the criticism in their last friendly match by the fans.

This was why he used his main squad to show the fans that his men can win the Friendly's but he was the one that decided not to use his main squad the last time. When the main league starts that is when we will see the club with the best and consistent performance not now.
252  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: July 20, 2024, 05:31:33 PM
It's not confirmed yet but Osimhen is getting closer to PSG. Since they lost Mbappe they have been trying to fill the place of Mbappe in the team and Osimhen could be an interesting option, especially because of the age of Osimhen he can play there in PSG for years.
However, Napoli wanted to get 130 million euros for Osimhen first but now it seems they accepted 100 million euros. Osimhen even wants to put Napoli under pressure to let him go because he doesn't want to stay in this team anymore.

 

Don't think this deal should pull through because as of then Osimhen played for Lille but non saw his full potential to get him not until he left the league and became one of the hit man for Napoli before they started eying him, PSG is a club that loves already made players and without Mbappe on the side they are willing to do anything to get a better replacement which is the Nigeria striker. I'd prefer him going to the EPL to play for either Arsenal or Chelsea since both clubs have been trying to get him and the amount to get him isn't the problem since Napoli have reduced it (correct me if I'm wrong) just to see the deal come through.
To me PSG isn't a place for someone like Osimhen, getting only the domestic trophies is their target and nothing more, that's to show that Mbappe made a wise choice by leaving the side to win trophies especially the UCL with Madrid and if Osimhen joins PSG he won get close to winning it (UCL) no matter how long he stays at the club.

Osimhen didn't produce as brilliant stats this season as the previous one. I'm sure Napoli's president will consider lower offers for him. But I don't see any difference between Chelsea and Paris Saint Germain. Chelsea have turned into a mid-table team in recent years. It might be better for his career to achieve local success in the French Ligue 1 with Paris Saint Germain instead of struggling as a mid-table team with Chelsea.On the other hand, I am sure he would love to play for Arsenal under Arteta. In the last two seasons in the Premier League they have been in the title race until the end. They could have won one of them if they had a good striker. Maybe Osimhen can do that for them.
Poor coaching system and game tactics can make a player in his top form to decline in form. Osimhen didn't so well last season was because of the new coach and you can see that it also affected the club's performance. I would not blame Osimhen for his declined in performance last season, if he is with a good coach, the coach will improve the skill in him and bring out his potentials.

I would also prefer Osimhen to go to PSG because he is sure of winning titles over there since they don't have a rival. In football titles are what matters and not the club that you are playing in. If he goes to Chelsea, no one knows when he will win EPL title. Also it will be very easy for him to shine more in PSG than Chelsea because he is a goal machine.
253  Economy / Scam Accusations / Re: Bc.games is a scam now not approving kyc to steal player funds on: July 19, 2024, 06:56:30 PM
There is no good evidence of your claims, can you screen shot your chats with their customer's service so that we can understand  better. Also I believe that BC.games have an ANN thread where you can also lay your complain there. Did they tell you any reason for not approving your KYC verification?.

This is not the right board for you to open a scam accusation topic, you should go an open a thread on this in the right board.

https://bitcointalk.org/index.php?board=83.0
254  Local / Nigeria (Naija) / Re: Watin go happen when all exchanges finally remove Nigeria p2p from Dem app? on: July 19, 2024, 06:24:59 PM
Well as Una see d question for the title, I don dey ask myself dis question for a long time now. That time when binance first do Dem own, e no really matter as we still get many other options wey full ground to use run p2p. But now just few na e remain (bybit) Huh Sha dis one no supposed be something wey we as forum members go fear like that as normal normal, update go drop for here. But then, what about our naija people out there? Especially those new ones wey don rush go dey buy crypto because of all these small small airdrop wey just full every where. Dem fit no get idea on how to convert Dem money and come dey panic any how. I dey here say telegram get p2p. But then how do we trust those merchant wey dey there?
If government shut down all exchanges, na Telegram na e traders go switch over to because currently p2p trade dey available for Telegram even though we know say their exchange rate dey cheap but by then we no go get option because na only them fit sure pass that time.

I believe say no be every trader for a platform go be scammer some legit ones go dey, so if you trade with any legit one and your p2p transaction goes well, na to save e phone number so that whenever you won do p2p trade, you go call am and trade with am to avoid meeting another scammer.

I hear say back days those early crypto adopters for Naija get watsapp group wey them dey use for p2p trade but scam still dey that one too. Infact nothing wey scammers no dey involve as long as na money issue. So no think too much wait till that time come and we go cross the bridge make you no go dey over think for something wey fit no come to pass.
255  Economy / Speculation / Re: Buy the DIP, and HODL! on: July 19, 2024, 05:30:28 PM
it will help you to earn plenty profit and reduce your gas fee.

It is called transaction fee and not gas fee. Etherum is gas fee.

weekly or monthly withdrawal in the industry because it will not help to achieve your target on time base on the high fee involved
It depends on the amount of bitcoin that you are buying, if you are using lump sum from $500 and above, you can transfer it to your exchange immediately and that is when the transaction fee is normal and not super high. But if you are using little amount just keep stacking it in an exchange till it get up to $500 before transferring to your private wallet.

But making it a long period of years before withdrawal, it will make it more better for you not to be charging big money on gas fee because you know you are about to withdraw plenty, so that it will bring big money no matter the gas fee that will occur in the cause of the transaction.
You are getting it wrong mate, we are talking about how to prevent you spending too much on transaction fee in future due to too many small input made during your accumulation phase  by keeping your coins for a short period of time for it get to a certain amount before transferring it to your exchange and not using an exchange as your wallet for long term because it is not safe to do that. This is because exchanges are in charge of your keys and when your funds are in exchange, it is not yet yours until you have withdrawn it.
256  Economy / Gambling discussion / Re: UEFA Europa League 2023/24 Season on: July 19, 2024, 04:20:07 PM
Next Thursday, the European qualification starts. The teams I will follow are Ajax and Braga. I expect both teams to easily eliminate their opponents here and advance to the next round without any problems. Molde, on the other hand, has the power to eliminate Silkeborg. We may not see exactly equal matches in this qualifying round, but we can say that it is a round where matches are more likely to be with plenty of goals.
I like your optimism. Ajax, Braga, excellent teams. Still, this is the Europa League - not quite simple. Ajax had a bad season; fifth place is not what we would have expected of them. Yes, they have been looking sharp, winning friendlies, but it is like trying golf on a driving range. One completely different beast is real competition. Braga; now they are constant; I will say that. Even the finest teams, meanwhile, might fall short in the qualifying rounds. Its a pressure cooker, hence anything is possible. Let us therefore not count our chickens before they hatch. These teams will show how they manage the pressure when the games truly count.
Braga and Ajax cannot be guaranteed of winning their matches even though I know that they are the favorites because no team should be underestimated in a competition like this since they didn't get here by luck.

It is when the competition gets hot and tough that is when one will know the team that can withstand pressure and still turn the game around to their favor. I don't judge the quality of a club with friendly matches because they don't count and clubs and it doesn't tell if the club is strong or not.
257  Economy / Gambling discussion / Re: ? UEFA Euro 2024 in Germany ? - Qualifiers?Group Stage?1/8?QF?HF?FINAL on: July 18, 2024, 07:08:46 PM
~snip~

Because the team was very poor, the real final, in my humble opinion, was Spain - Germany.
That was the real final.  Among other things, we can say that it is the match where Spain suffered the most (even a red card)
So England reached the final by pure luck.
That was a frickin' final before the final, Spain against Germany. You know? Intensity, ability, strategies - all there was. Spain, even with a man down, showed some serious cojones. You really have to respect this. England... they made it to the final, yes. But that was a lucky run. They were like a drunk man looking for his vehicle keys, rambling about without obvious direction throughout the competition. Southgate, man, some of his decisions made sense nowhere. He has some brilliant people here, but the strategies? He seemed to be reading from a completely other playbook. Against Spain, it was just painful to watch
Spain didn't have a man down but it was at the last three minutes of the game. Germany match was the roughest match for Spain because the Germans were equal to the task but in every match at that stage, there must be a winner and that was how Spain was to score their last and final goal in the match.

England has good world class players but lack of good manager is the cause of why those talents are wasting without winning a trophy for long. Now that he has being fired, I believe England will win a trophy.
258  Bitcoin / Bitcoin Discussion / Re: Craig Wright is missing, over charge to face probe for alleged perjury on: July 18, 2024, 05:59:41 PM
Because he's bound to face serious legal consequences for his lies and forgery, Wright's whereabout is unknown and he's fled from his previous residence in Wimbledon, London. He could face Arrest or extradition, depending on his location.
What's the point for him to run, if I may ask? What's he afraid of? Why not stand and face the consequences of his actions since he had the chance to stop parading himself as Satoshi did a did a long time ago, which he refused to take? Instead, he keeps on pushing and suing who ever comes his way. 
 
What can keep a man running and hiding for a long period of time is the amount of wealth he has at his disposal, of which I doubt he has much yet to be seized as ordered by the court to seize all his own assets. So how long does he think he can run before he is found and brought back to face judgement?
I think he is the new Satoshi and has decided to follow Satoshi footstep after he has become a mess to himself. He should have waited to finish what he started, why his he on his heels.

Most of his assets has being seized, he is on the run and being wanted by the government didn't he see this coming before he started bringing problems to himself because he feels he has money and wants to claim Satoshi's glory for his selfish reasons.
259  Economy / Gambling discussion / Re: Patience can help alot on: July 18, 2024, 04:28:40 PM
most of them lose control because of lack of knowledge about the possible situation that they might encounter while inside gambling, thinking that luck will always show up and will bring them to satisfied their desire to win.
This is the main reason why there are so many addicts worldwide, and it is something that is difficult to deal with, in this case when we are in a situation like this we have to stop and tell ourselves that we have to take control, I learned something that has helped me a lot and I always advise it, it is to limit the money to go to a casino or play , if we control money we can say that emotions do not affect us because once it is over there is nothing to do, but wait to play in another gaming session that can be another day, a week, or whenever the person establishes it, but not immediately after , even for that you need to have a lot of discipline.

Quitting when you have exhausted the amount that you intend to use to gamble on that day is the best way to go about lowering the risk of losing more to gamble. The casinos and matches are always there anytime for us to try our luck another time and it is not a most that you must gamble and make profit today.

Financial management is what a lot of gamblers lack and discipline because if you have a good financial management, you will know that gambling should be the least of what you will put your funds into. You will also only use an amount that you can afford to loss because you are not planning of making profit from gambling that will change your life.
260  Economy / Speculation / Re: Buy the DIP, and HODL! on: July 18, 2024, 03:12:02 PM
 After a newbie understand how to buy and sell
I don't think that a new investor into bitcoin should care about how to sell his bitcoin because it is useless to him since he is only focus on accumulating bitcoin for a very long term since he has made up his mind to hodli for a long time. The first thing a new investor needs to figure out is how much from his discretionary income that he will use to buy bitcoin at the beginning that will not affect his regular buying weekly or monthly using DCA strategy. He also needs to know how much he will use to start building his emergency funds of 3-6 months that will be able to survive his bitcoin investment portfolio for the duration of time he plans to reach his bitcoin target. Discretionary income is the most important because it is from there that he will use to buy his bitcoin regularly and grow his emergency funds, reserve funds.

common sense require that protection of the asset is the key thing.
Exchange is the first place a new investor needs to store his bitcoin in the beginning because it is from exchange that he will buy his bitcoin from and because he is new in bitcoin and have the money to start buying immediately, he will leave his coins in an exchange and gradually when his bitcoin size is increasing due to regular DCA purchases, he can learn on which wallet that he can use to keep his bitcoin safe. You should also know that since he is a new investor and getting started immediately is the best no matter how little the amount is, he needs to pile up his bitcoin in an exchange so that it can get up to $500 and above before he can send it to his self custody wallet that is best for him.

The fact is that whoever is DCAing do not have any option than to keep your coins in an exchange for it to be a big amount before transferring it to your wallet so that in future, your small inputs will not be a barrier to your profit. Also when bitcoin transaction fee is high, will you transfer $100 worth of bitcoin that you bought this week to your wallet, it will not be a wise decision and that is why at that period of time, you will leave your coins in an exchange for it to pile up to a good amount.

There is no problem leaving your coins in an exchange for just a month but it is when you turn the exchange to your permanent bank that is the problem.
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