What I know is that it is not possible for bitcoin not to have alternatives, but it is very disappointing that most of the coins are centralized. But if bitcoin does not have alternatives which are the other cryptocurrencies that we are talking about, it would be better. Instead of people buying those altcoins, thinking they can not make enough profit in bitcoin, they would have rather invested their money in bitcoin if there are no shitcoins. But in this life, there would be alternatives, but bitcoin will remain the giant.
It won't be called a crypto market either when there's no competition in the first place. Competition makes the market more efficient and productive, and with the existence of alternative coins, it creates more challenge on part of bitcoin and vice versa, on how to keep an edge over the others. But we all know bitcoin has always the great advantages over altcoins, that no matter how stiff the competition is, bitcoin will always come out as the best crypto coin in the market. That is why even with a lot of crypto coins that are born in the market, bitcoin will not be triggered. Not because its the one big giant in crypto, but because bitcoin is the lifeblood in the crypto market. And all other coins are just form out from the single image of bitcoin. That reason alone proves that bitcoin will always gain the highest advantage over other altcoins or shitcoins. |
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Have you been in such situations before? I foremost, asked this question because I haven't done this before. Today I was just doing nothing but sitting down in the sitting room watching TV, but I wasn't comfortable. Then I fund my betting account (hoping to have fun) with $10 but, unfortunately for me, I lost the whole money without winning just a dime. It was not the first time for me to lose money on gambling (but I am not a regular gambler), then I fund another $10, so finally, finally, I still lost the other money I deposited, and I was like asking myself how? When did I even fund another money in this account? why I am surprised is because I haven't funded into my betting account twise in a day after losing done money, so am I becoming an addict? No.
As a gambler, it's normal for us to bet again just to recover the previous loss. As long as you are betting on a small amount that you find comfortable to lose, that's okay. But if you keep on betting again despite of your consistent losses and even increase your bet, that signals that you are becoming an addict if you cannot control your gambling urge. To gamble is obviously to lose your money, so if you bet thrice or more without winning, then that's already enough. Call it a day and stop betting. Gambling is obviously to entertain us, but when greed comes in, it becomes more than just an entertainment but also to earn a living. When you start experiencing that feeling, stop gambling immediately. It will never be good for you in the long run. |
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The recent surge in BTC to the $35k region has led many to believe that the bull market is back. Some analysts believe this is just the effect of historical October patterns, and we may see a significant pullback for accumulation and liquidity purposes before the bull season kicks off. I'm confused, which is why I'm here. What's your opinion, fellow traders?"
Bitcoin is currently priced at $33k so there was a price setback that happened, which means we are not yet in a state of bull run since the price is not seen to be in a consistent price surge. More or less a price correction is what we are seeing at the moment. Regardless of any reason, either it's the fake etf approval or whatsoever, we can only see and felt if bull run is already here when majority of the crypto coins are in a good position. But for now, I don't see it happening yet. However, this also gives us more opportunity to invest and prepare our portfolio knowing we are not yet in a bull run. It could be more pleasing for our eyes if bitcoin price will drop even more as it would encourage everyone to buy more bitcoin in preparation for the next year's big event the bitcoin halving. Surely after that, the real bull run is set to happen. |
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Have you ever felt having a good knowledge about a certain subject matter on Bitcoin only to start a conversion or thread on the topic and end up discovering the information had lots of mistakes and misconception. How did you really feel about those subject matters and what was your approach towards the observation and correction made by other users on your thread.
While the concept of Bitcoin in general is broad and wide having a good knowledge of certain topic will require constant research and studying some of the concepts will even require experience and user interactivity. Example is the technical aspect of Bitcoin. I will like to discuss this how long do you spend doing research for a particular topic before making your post or do you have a glimpse of the subject matter get a good summary of it and then start a conversation or quality research is done followed by reviews before engaging in a conversation?
None of us here is perfect enough to learn everything about bitcoin. Even those who have been in the forum for very long, still their knowledge is not yet sufficient that's why some threads could look easier for them but only end up realizing that they still have a lot to learn so they can be well versed in that certain topic or thread. And for that to happen, constructive criticism is what we need. Learning bitcoin can never be achieved for hours or days only. There should be no time limit in studying the market since learning and studying should be done everyday. And learning will only be possible if you also gain on hand experience on the market, that is learning by doing. |
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With each new news it becomes more and more interesting. This law opens up wide opportunities for the authorities to seize bitcoins. All they have to do is get a base of buyers of hardware wallet devices, who probably have bitcoin that should be confiscated. What’s also funny is that they previously pretended that the bitcoin didn't exist and was a nothing, but now they want to confiscate it. Has the bitcoin really become of any value to them now? Soon the governments of all countries will begin the hunt for bitcoiners and the contents of their wallets.
Which country will follow UK 's example and pass a similar law? We place bets.
If this is the only way that UK government will be able to control the bitcoin assets of their citizens, then probably this law is made for that. They are just pretending that this law is made to seize bitcoin easier for those who are using bitcoin for illicit activities but in reality, they don't care stopping those illegal activities but only to confiscate bitcoin and made it their own. They don't want to recognize the benefits of bitcoin but they are obviously seizing it because of its very expensive value. The more the countries that will imitate this kind of law, the higher the tendency that we should not allowed bitcoin to be fully regulated by the country's government. Otherwise, they will be enjoying the benefits that we are supposed to enjoy. |
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It is only a professional gambler who has taken on gambling as a career that would keep records. For me I think the reason why such a person would keep record is one to keep track of their profits and losses, for tax purposes, and maybe any other reason. Regular gamblers like you and I do not keep any record because we see no importance in doing so. But we will not fail to recall our losses and wins if there is ever a need for that during a conversation.
Even professional gamblers I think majority are still not keeping records about their wins and losses. For what? Losses will always be money lost and we can't do nothing about it since gambling itself cannot assure us that we will be given chances to win consistently. If they do that, it's like they are putting their business into bankruptcy later on. Maybe for beginner gamblers they will try to monitor their wins and losses through recording it, but eventually when they realize that gambling is all about losses than winnings, then they will ignore recording it anyway. For me, keeping some records of my previous losses would only push me to realize how far I have gone with gambling that I was able to lose a lot. It could only make me regret of my past decisions and losses. |
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Hello friends
In our modern society, the fear of being scammed by king pins and other fake platforms has made many people to loose interest in investing bitcoin.
This platform is to enlighten the society that there are real investment platforms and also people earn bitcoins for a living, so they should give it a try and invest so they can also earn and also when it comes to this particular fear I think the environment where one is actually staying also contributes to this fear because just the other I was actually explaining the basic essence of bitcoin to a friend and all he could even think of was that I want to basically scam him of his money of which he doesn’t even know that bitcoin is actually a currency on which people benefit wonderful opportunity like through savings.
The fear of losing money through investment makes people prefer saving to investment. I was a victim but my own case was different. I have seen many people who were scammed through bitcoin and that made them to totally hate bitcoin and doesn't really want to hear anything about bitcoin anymore. But in my own case after I was scammed and I paid through bitcoin which actually was my first time of using bitcoin. I discovered it was a scam, then I became curious why they decided to scam through bitcoin and not through bank accounts. That curiosity actually led me to learn about bitcoin. I behaved so differently from many others. I will also advise to hold your money tight instead of investing in what you do not understand. With the rampant scamming incidents that continue to occur whether online or offline, it's possible that people will develop more fears of losing their money from investing. Most especially for bitcoin where it does not have any physical representation just like our fiat currency, and can only be used through online. But I like the idea how you deal the situation after you have been scammed. Instead of avoiding bitcoin, you even push yourself to uncover your curiosity that leads you to learn more about bitcoin. And I think if only there will be a uniform mindset for those people who have been scammed, then the chances to get scam in the future will be lessen since you do your own diligence to research about bitcoin and eventually realize that bitcoin is just also a victim wherein scammers use it indirectly just to lure the innocent people. |
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This have been discussed few times before and someone have to do it again maybe often, for those of you looking to become a gambler what is your motives behind it? To make money? Or to have some fun? Here is my advice to everyone of you.
Why not treat casinos the same ways like you are going to the movies or bowling? You are simply paying for the experience and the entertainment, it's either you enjoy it or you may not, can you feel me? You don't know how bad a movie can be until you watched it, so....
Casinos, either online or offline, isn't a place to win money for the 99% of people, but this same group of people want to confused or already confused themselves that they can make money gambling, this isn't the proper way. It's meant to be for fun and not so serious like your life depends on it.
If you want your life to goes on with ease, learn to be a fun gambler and not too dependent on gambling, this is what gets people f**ked, the reality of gambling is you win when it's not even expected, be a responsible gambler.
Yes, gambling should be more addressed as a source of fun and entertainment rather than seeing it as another source of income. However, we can't blame these beginner gamblers not to fall in the trap of gambling because they often witness gamblers that are winning big from casinos and make more money instantly. What they didn't realize is that before these gamblers gained big profits, they incur limitless losses at first until such time that their luck comes in and make them experience on how to make big wins. But we all know that the house won't allow us consistently winning, the reason why a lot of gamblers still losing all their profits in the end and eventually return the money in the casino's house. Moreover, no matter what aspect you will look in gambling, it still comes down to the reality that to gamble is to lose your money. And a lot of us can prove that that's why its still advisable to be a fun gambler than to put hopes on becoming a profitable gambler. |
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One of my older brothers bought bitcoin with that money, instead of keeping it in the bank, about 6 months ago, the price of bitcoin was 24-25k+, and he bought about 1 BTC. The price of bitcoin has increased to 34K+. In just 6 months, he has made a profit of 9k+ dollars, which would have taken more than 20 years to get from the bank. This means that bitcoin can become a millionaire if people invest in it at the right time. I also bought some bitcoins myself and did it by withdrawing money from the bank. Success is not possible if you do not take risks in life. I know how hard it is to make money and if it is to sweat your head and work day and night, then it is worth it. And we can make a lot of income by buying or trading bitcoin with the right rules. I think bitcoin is a bright future for us.
The past profits do not guarantee any future profit. So never make a career by holding bitcoin. Work for company or start a business which will give you acess to money. Never rely completely on Bitcoin unless you are trading at a professional level with all tools and financial support. Career is something else. It cannot be built by holding cryptos. Come out of the daydream and start working so that you don't have to regret later in life. Bitcoin as a career will never be a wise and sustainable decision. Profitability is not fixed and certain, but if you hold bitcoin for long term with an indefinite target to sell, maybe you can reap massive profits which you can use to build a sustainable business that will provide food on the table and improve your way of living. That way, bitcoin could be a tool to build your business career which if properly managed, it will continue to grow and flourish and even develop an additional branch. But things aren’t as easy as that. Bitcoin as an investment has also its own risk. If you can’t manage well the risk and end up panicking with sudden market crash, then you will never be good enough for bitcoin regardless if you use it for investment or trading. |
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Chasing loss in gambling is not really good because at the end you might loss everything you have. And that is the mindset of many gamblers. They think the their next game will give them what they have loss from the previous game and they loss out again and bet or play again until everything in the pocket or in the wallet is exhausted before their eyes always open to see and the brain open to understand that they wouldn't used all their money for the gambling or they wouldn't chase the loss. chasing loss is not always a favorable thing to do.
I can remember very well that when I started gambling, I do not have control over my somehow addiction gambling. I noticed that if I lost small amount of money and I continue to gamble, I will lose all. Not that I will continue to lose. I will continue to win and lose randomly but after several games played and gambled, the loss will surpass the profit and before I know, all my money would have been exhausted. Chasing loss is a bad idea and very related to gambling addiction and it can happen to beginners gamblers. The more you chase your losses, the bigger chances you will lose a lot. That is the reason why gambling should only be a source of fun and entertainment, not the other way around. It all comes down to the reality that to gamble is to lose, and not to make big money and become instantly rich. But I don’t think gamblers are not aware of this. Probably they’re totally aware but still push the mindset that once they get lucky, they will double or triple their capital which I think it only happens very rare. However, responsible gamblers put limits on chasing their losses. Once they noticed that it’s hard for them to recover the lost money anymore, then they eventually decide to leave the house and head home. |
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I came across a very interesting article about fake streamers https://www.ltccasino.com/fake-streamers-exposedSome facts and arguments struck me as very curious. I had never really thought about why nowadays the Twitch and Kick platforms have become so full of people streaming online casinos there. Having little experience playing at online casinos, I can't be sure that everything written in this article is true. What do you think about it? It's very interesting to hear the opinion of experienced players and people who are versed in this subject. Casino streaming has been very in demand these days to the point that a lot of fake streamers are coming out. And for me, they're not causing me any harm since I don't easily fall on their fake testimonies. Well, we can actually take some time listening to them but it's up to us if we will agree with them or not. At the end of the day, we play our own games using our own strategies and not adopting theirs. Just put it on your mind that these casino streamers are nothing but are only doing their job since they received good compensation from doing it. And they are not actually helping us, but they are just helping their own casino that become their sponsors. |
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Yesterday, I read a topic about the PATRIOT Act by o_e_l_e_o. In summary, the PATRIOT Act seeks to criminalize regular Bitcoin activity and transactions like mixing. For those who think it is a U.S. thing, please think again. The U.S. wields a lot of influence all over the world. We may most likely see its financial regulations being enforced by other countries. But this is not about that. This is about American Bitcoiners. Some of them, with whom I have spoken, say that this law which is agaist their constitutional rights will force them to leave the United States of America since the law is unfavorable to them. I have a question for them: Will you leave the country or stay and stand up and fight for your right? If this law is eventually legalized, we are going to have Bitcoiners who would be persecuted and jailed for wanting to fight it. There are going to be Bitcoin martyrs. Will you leave the country and take your Bitcoin with you, or will you stay and stand up and fight (non-violently) for your rights? If you can leave the country for good without affecting your family, then probably it could help you live at peace. However, living the country means preparing your family for a new set of cultures and starting all over again which I think is actually hard to process. So I don't think it's a good decision either. But if you chose to stay and live your life without declaring that you have bitcoins with you, then maybe it could be safer for you and fopr your family. Bitcoin is still decentralized and no other third party can trace its transactions if you just do it privately. So just do it for now. For sure, when majority of the other countries are into bitcoin adoption, I guess USA will also follow the path and that you're totally free to do your bitcoin thing without any threat. |
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One of the solutions which is recommended by most gamblers on this forum for gambling addiction is "Therapy" . Professional help in the form of therapy. It is good and very effective but how many persons can actually afford it? There is a fee for each session that lasts for a duration of 60minutes. And there are more than one session. Therapy for gambling addiction is expensive. How can those who are unemployed afford it? How about the college student? Or the person receiving minimum wage. What are the other low cost but very effective solutions to gambling addiction. And typically how long will it take before the addict starts to feel more in control and less withdrawal symptoms?
Will totally appreciate your responses. Thanks.
If you submit to therapy, certainly you have to pay its price and it can be very expensive for those who have no sustainable source of income. But anyone can receive a therapy and just apply it into the addicted gambler if this gambler is not capable to pay for his own treatment. While friends and relatives can also receive some therapy to lessen their stress and act as support groups to the addicted gambler, as having direct support from family and loved ones is very essential as the gambler has no one to run to but only his loved ones. But even if therapy is constantly applied, that will not guarantee the fast healing of the addicted gambler if the gambler itself is not helping his own self. He should be more submissive to his own therapy and admit to himself that he really needs it badly, otherwise he won't be able to accept any help at all. |
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You do not sell until and unless your co-workers who never knew about Crypto are asking you or searching on how to buy Bitcoin or how to invest in Cryptocurrency.
That's the best signal out there to sell your stash and wait for the prices to calm down. This is what that actually worked for me in 2021 Bull Run when my friends asked me about Crypto.
And this thing will work for any X amount of years to come.
Well, people who have no idea about bitcoin will definitely come in rushing to invest in bitcoin when they see the market is very bullish and the price is inevitably surging high. For them, it's certainly not the right thing to enter the market, but for you its' the perfect time to sell for you to achieve massive profits. Knowing when to sell and knowing when to hold still is very crucial in the market because that only means that you understand well the type of investment you enter, and not because you are just riding with the hype. However, its for you to decide whether to sell them all or hold continuously a portion of your bitcoin investment knowing it will be another all time high for the next bull run. But you can actually decide to sell them all and just buy back again when the market has eventually return to its bearish season. |
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Early hours of today, one of the Nigeria billionaire business man E money shared his bet slip online for fans to see how much he splashed on the game between Chelsea vs Asernal which already on and Cheslea leading with 1:0, this brought me to the point of asking what your opinion on celebrities staking higher amount and still be ok to publicly show it and do not feel any thing even if the ticket cut just like what happened to Drake last few weeks back.  What is you view and analysis on this bet, although I see that he be confident in his selections to have staked such an amount, but since football is a game of unpredictability, what then ks your views on this game even though the match is currently live. I don't see any wrong on the way he stake for his bets. Of course, he is a wealthy man so expect that he will also bet like any other high rollers in gambling. And if ever he losses his bets, that's okay because he has actually a lot of money to bet and to lose. Just like what Drake has been doing in his gambling activity. He never ends up regretting all his decisions because he also won huge amount at some point. And if you worry because he's a big time celebrity that can easily influence his audience most especially the minors, well what's the social media is all about. The only way they will learn in gambling is for them to suffer from their losses at some point as gambling never guarantees profitability, but its all about losses in reality. |
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Till now my parents are bearing the cost of my education, I have recently completed my college education and my parents wish me to complete my graduation by studying in a private university. We have a small cow farm and we have some cows in this farm out of which some months ago my father sold one cow and deposited about one and a half thousand dollars (I said the value in dollars for everyone's understanding) in the bank for my education. It will take about four to five months to get admission in the university. I didn't plan to do anything with the money I saved for my education but recently the price of bitcoin has increased by about 10 thousand dollars and seeing this increase I think that I should invest in bitcoin now instead of leaving the money in the bank for these four to five months. Although I think it's a bit late for me to invest. Maybe I should have invested when Bitcoin was 26 thousand dollars then maybe I could have made a good profit at this point but there is no point in regretting what I didn't do Of course I will think about the present now. I think the price of bitcoin can cross 40 thousand dollars so investing in bitcoin now will not be a wrong decision for me at all.
It's a good thing that at an early age, you develop the love for bitcoin investing. It just proves that you have a great plan for your future to achieve financial freedom. However, know that bitcoin investment has its own risk, so it will never guarantee that you will always make profits in the end. This is why only invest what you can afford to lose. And in your case, I don't think investing at the moment with your money that will be usable after a couple of months is a good decision. Prioritize your education first not because it's the right thing to do, but also because your parents are working hard just to provide that huge amount of funds. And they are expecting you to graduate from a prestigious university so you need to make it happen. For now, the best thing you can do is to continue studying about bitcoin. When you have your own source of income and you have spare money, that's the best time to invest so you can invest for long term without worrying if you lose your funds in the process. |
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In a funny way we can take his predictions as a contrarian indicator but they are actually part of the show. Someone who keeps making predictions is going to be wrong on some of them, it's how he makes them that generates controversy, but it's to attract an audience. I'm not the least bit concerned about what he says. I'm more concerned about what will happen after spring halving next year.
We all know everything is scripted, and to make the show more interesting and appealing to the audience, then attacking bitcoin despite of how some defended it is actually a good move for Cramer. Now, because of his wrong prediction and perception about bitcoin, a lot of his audience have even develop the interest to know more about bitcoin. Thanks to his post actually because bitcoin has seen making a sudden significant price increase totally opposite from his own prediction. This is one proof that bitcoin cannot be controlled or manipulated by what other people say. In fact, the opposite thing happened making the whole world totally amazed with how bitcoin moves mysteriously. |
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Hi guys, coming through with a rather odd question this morning. So, i was looking up on Wikipedia the meaning of Money Laundering , and below is a quote of how the site defined the term "Money Laundering"Money laundering is the process of illegally concealing the origin of money, obtained from illicit activities such as drug trafficking, corruption, embezzlement or gambling, by converting it into a legitimate source. It is a crime in many jurisdictions with varying definitions. It is usually a key operation of organized crime.
So, after i saw that Gambling was mentioned or listed among the listed illicit activities through which money can or could be laundered, I can't help but wonder if gambling is actually an illicit activity. Wikipedia did not mention gambling being an illicit activity in their definition of gambling here, why then did they mention gambling as one of illicit activity through which money laundering can be carried out? Please check this out and share your thoughts. Gambling will only become an illicit activity if the state or the country does not approve it or its not covered by its federal laws. That's the reason why gambling is not legalized in a certain country. However, there are also certain countries that do legalize gambling because they obtained taxes from the casinos which the state benefits, in that case gambling activity is never illicit but legally approved by the country's government. Furthermore, in cases where gambling tolerates money laundering, then that is certainly becomes an illicit one. Money laundering is always forbidden by law, and so is gambling that becomes a means to exercise illegal money laundering. |
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Are you talking about those YouTubers who share various technical videos on YouTube and market to buy their courses?
I have also seen many of these people, they keep many types of charts for trading in their books and find out the charts by understanding the market conditions. And foreseeing what will happen next, then most of them invest with certainty and show that they have made a lot of profit.Everyone likes to see it and everyone gets interested in their course. But I don't know how true it is. If it is really true then I think it will be very beneficial for newbies.
Before they decide to buy, they need to look elsewhere for information. There are many sources of information that they can use to learn trading. They just need to find which one they need. Most people only look at the results that the influencer has obtained. That makes people think they can be like those influencers who can make a lot of money from trading. They can get information from other sources if they want to look for it. And the best part is that they can get the information for free. If there is an offer like that that requires paying, beginners should think twice about signing up straight away. Many other places can provide more information for free. As if those influencers are showing their true results in their trades, because they can fake those results if they want so they can still deceive people most especially those newbies who are hunger to earn profits. This is the reason that in trading or investing bitcoin, trust no one no matter how professional or profitable they are. You really don't know if they are not even successful traders in the first place as the social media becomes the playground of scammers these days. If beginners really want to learn, then they should make deep research online as there are a lot of articles that are free online, they just have to filter those unreliable ones and focus on legit sources. |
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DCA is good, but there are sometimes that you will leave DCA alone and invest big amount. Let us say that you have been DCAing since some months ago and the price of bitcoin within one week fall to $20000, if you have money that you can use to invest at once, you will not hesitate but invest it immediately becuase you have speculated that bitcoin price may not fall further.
DCA is good when you do not know if the price of bitcoin will not increase or decrease. Or if you do not have enough money to invest at once.
You may invest at once if you analyzed the price of bitcoin is low already.
Investors may go for either of the two, it is what the price of bitcoin is at that will determine that.
There is also a time that investing is not good, when bitcoin has increased significantly several times.
Lump sum investment could be very risky not only for regular investors but most especially for newbies who are less knowledgeable on their investment but are very eager to invest. Of course, that's a whole amount that are hard-earned so obviously, you can't afford to lose it all. But for wealthy bachelors, who cares. Most especially if its the only way to gain big time profits. But we all know that most of the investors here only start from scratch that's why they think using DCA is more advisable. And as long they never missed opportunities to invest through DCAing, in the end they will still gain massive profits when the bullish market happens. However, it's individual's decision whether to invest through lump sum or DCA. As long as future losses won't affect his finances, then for me whatever choice of decision is valid. |
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