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2401  Alternate cryptocurrencies / Altcoin Discussion / Re: correction or start of a bear market? on: November 18, 2021, 02:41:21 PM
judging from what he said, I conclude that right now the market is at a very important time. but even so I didn't fully believe what he said. I stick to my decision that currently hold is the best despite the red market today.
You know the rule that says that sometimes holding on does more damage than when you’re letting? Yes, that same thing do apply to cryptocurrency sometimes, because there are times that you’re not meant to keep holding. You should know when to continue holding and when the holding is doing more damage than good. At some point you need to take profit, and you can decide whether to continue or not.

Anyways, I don’t think that the market is really in a severe situation, because it’s already recovering already. This is not the first, the market has already gone below $60,000 after reaching the first ATH price that was above $60,000 price. But after sometime it still got back up and made it to another new ATH price. It’s possible that it would be maintaining this level until the year is over. No one is completely sure about that, so you have to be very careful.
2402  Economy / Gambling discussion / Re: A positive evaluation of gambling. on: November 18, 2021, 09:08:14 AM
Gambling taught me to be careful with my money and increased my literacy because after losing a couple of times in any game of chance a person begins to study it more deeply. In addition, I believe that by trading cryptocurrencies and gambling a person can increase the level of self-control.
Literacy? I am not sure about what you are exactly referring to. I am glad that you went for studying after losing in gambling but I just went to arrange new funds for my gambling bankroll. This must be the differences how gambling may produce positive vibes across different gamblers but it is purely depending on individual gambler's perception on how to take care of themselves or like how to create opportunities from available things.

I feel that I gamble with self control but not able to find any positive growth out of my gambling activities. I guess I must take time to analyse myself before continuing gambling because I could not figure out any chance in my view on gambling even after 5 years of vigorous gambling.
2403  Economy / Gambling discussion / Re: Motosport General discussion tread --- Formula1, MotoGP, WTCC, ETCC, DTM..... on: November 17, 2021, 09:39:04 PM
When you win a race by 10 seconds even though you started at 10 (and 20th in sprint) and you still want to punish the person who came in second, you know you are getting desperate like crazy Cheesy. I mean what are they going to gain here, hopefully maybe few more points? That's all they could gain from this, and if Max ends up winning even one, then things are going to be so much easier for max, he could literally let Hamilton win and still end up becoming second and still become champion which we know if Max wants to and there is nothing wrong with the car then he could finish second very easily.

To think that Hamilton could get the championship with the help of this is just such a small calculation and shows how annoying Mercedes could become. I mean they were always annoying, it was always annoying and it will stay annoying for a long time, I hate that team, but the pettiness they have right now looks awesome, I am enjoying their tears.
2404  Economy / Economics / Re: There are many online jobs out there. Crypto Opportunity. on: November 16, 2021, 09:21:25 PM
Just make an effort to find platforms that provide online jobs, to learn new things, and to expand your network in the field or business you want to pursue (eg. crypto world). Let's assume here in bitcointalk, you can find a lot of extra grinds, campaigns, and you can also give your services if you're great at designs, and you can create some logos for crypto projects. Make use of your skills and be equipped every day because we never know when we will need money. We're fortunate to have these opportunities since we know where to go for online jobs.
Yes, you are right about that, I do see a lot of jobs in the cryptocurrency community, there are lots of crypto and blockchain companies that are ready to employ people who are experienced in particular areas. Then there are both real jobs and other kind of opportunities that one can use to make money in the cryptocurrency market or community.

There are jobs like signature campaign, and other ones that are similar to it that can serve as your second source of income. And then there are also real jobs that you can check up in the cryptocurrency community that are being offered by companies, just like Exodus, Blockchain, and Xapo. These companies are offering jobs to engineers, writers, and a lot more. So, I usually recommend to people that they check them out if they have those skills.
2405  Bitcoin / Bitcoin Discussion / Re: What's your strategy to carry on making money when Bitcoin turns bearish on: November 16, 2021, 08:54:32 PM
Hi, I'm just trying to plan ahead here and assuming that we are going to have a bear market at some point in the next couple of years, I would like to try to put my bull market profits to good use. I was wondering what is your strategy to continue making money when things turn bearish?

Whether it's shorting, leveraging, trading, earning interest, finding hidden gems, longing coins that perform well in a bear market, investing in gold or the stock market or anything else, I'm interested to hear what strategies you are planning to use and how you are planning to execute them in order to continue making money. If you made money during the last bear market I would be interested to hear how you did that as well.
It’s still trading, or you can look for something else to do while the market is down. For most people, what they do is just have patience till the market is up again, and they will make profit. Then as for others who are skilled enough to understand how trading works, and they can analyze the market to know which direction it moves to within a short time, they can decide to go for the short term trading and be able to make a little profit from the price fluctuation that happens everyday in the market.

Then you can decide to look for other things to do, there are so many opportunities in the forum that can get you some profit if you are able to participate in any of them. So it’s a kind of decision that you have to make for yourself, and whatever you think is going to work for you, then that’s what you should be focusing on.
2406  Economy / Trading Discussion / Re: Making profit with a bubble on: November 16, 2021, 08:14:54 PM
We all know that this upward move won't last forever, even if a real spot ETF is gonna be approved (that would cause another big rise, in my opinion), one day we will reach an unsustainable point of extreme overvaluation and a single fundamental event will trigger a huge dump.

I'm not trying to predict the future, I'm just trying to be honest myself considering that this cycle will come to an end (as always did before), but that could represent an opportunity too, for instance, with a short position opened at the right time (I know that I could appear like a complete fool who is trying to imitate Michael Burry in 2008).
Well, if you look at this your idea is really making a lot of sense, if the price keeps going up it’s certainly going to reach a point where it is going to be triggered by one event or the other and that will lead to the price falling back to a lower price. So, that’s why it’s good to have a target but you would like to accomplish, when the market is going up you should sell at some point, but you may decide not to sell all the coins that you have just sell a part of it while the rest stays in your wallet in case the market should keep going on.

If you’re holding a coin and you have no target at all, then you’re really not going to begin anything from it, and then what is the need for your investment? So it’s good to take profit sometimes and at least know that you are gaining from the asset you’re investing your money in.
2407  Economy / Gambling discussion / Re: Motosport General discussion tread --- Formula1, MotoGP, WTCC, ETCC, DTM..... on: November 16, 2021, 04:23:31 PM
I read on reddit that there was about 2+ kilometeres of straights in Interlagos (brazil) which made mercedes do a lot better, we all know that Mercedes is a lot better team during straights and RB is a lot better on turns, which was proven multiple times when Hamilton passed all of his opponents on the same straight. This is why I believe that we should not really be shocked to see such a result, a brand-new engine, a very angry Hamilton, and a Mercedes car on probably the biggest straight percentage track, all makes this race a favorite for Mercedes.

However Qatar will not be the same, there will be a lot less straights, and that will result with Red Bull finally having advantage again, just a week ago Verstappen won a race, and now Hamilton did, and even though it was looking insane, I assume that maxing out your engine and driving on straights did it, now things will be a lot different.
2408  Economy / Gambling / Re: Stake.com - Watford FC Main Sponsor - UFC Official Betting Partner ⚽ 🥊 on: November 16, 2021, 08:04:34 AM
Any game can experience a significant impact on house edge (and, therefore, RTP) with adjusted rules. Most players don't realise this, or don't even know the benchmark rules of blackjack, so when it's a Dealer stands at 16, 8 decks vs 1 deck, or different insurance payout, or win with 5 hands, stuff like that, huge difference to your edge.

The proof is watching Live or Actual RTP on Blackjack. It's far, far lower than expected RTP thanks to people who just insist on hitting on hard 20, for example.
I am ashamed to say that I rarely check the house edge and RTP amounts whenever I gamble. Yes I know, I should check them and I should know them and I should not be getting scammed in some place that has way more than what they are suggesting because that could potentially happen. However what I do not care about is the ones around here, Stake and there are few more other places that we all know and we all love, and you and I both write on the topic of as well, I have seen you there too, so a few places, max 5 places let's say. In those places I know that they are legit and not after scamming me and I know that it is not going to be long until someone figures out if they do something wrong. So I just look to enjoy myself, nothing more.
2409  Economy / Economics / Re: How is financial stability defined for you? on: November 14, 2021, 09:49:18 PM
I can almost agree with your definition with financial stability but I think that I have to say that the capability to not work for x amount of time isn't really a choice if you want to make it a factor for being financially stable, if you're financially stable then you don't have to worry about working. The saddest thing to ever happen in my opinion, the unequal opportunity and discrimination of the poor by the people that thinks that they're higher than them, hope that this generation of adult teach their children if they have one to destroy the pyramid that's been plaguing us as a human being.
I would say never working is not a required thing for stability but it depends on your understanding of it. In this day and age not working ever again is a very risky thing, why? Because having a million dollars looks like enough for me to never work again (I do not live in an expensive nation), but in 40 years maybe that would be a small amount? How should I know? So never working again would require you to actually know how much you would need with precise prediction.

This is why it is either very hard to say a smaller amount to decide, or you have to say some super high amount. Since I do not need 10-20 million dollars to decide on anything then I just had to say that working would be a lot better. I do not know if crypt0m4nia agrees with me or not, but this is just what I believe, having good amount in the bank and try to work on a job you like.
2410  Alternate cryptocurrencies / Altcoin Discussion / Re: What are the best ways to invest money? on: November 14, 2021, 04:19:38 PM
To my own knowledge and i will also be glad if i can get some opinions  to me before you ask what, ask why. Why are you investing?
Investing is like a project. All projects have a goal or finished item.
What is your goal? Be specific. Getting rich is not specific. One million saved or $1000.00 a month in dividends is specific.
Your goal should be your realistic. One million is realistic. One billion is not. One thousand in dividends is realistic, $10,000 per month, no.
Define your time horizon. Months, years? The time will help you to stay on target and provides measurable times.
Always take risk into account. What is your risk tolerance?
That is just it, you have made a really good point here. A lot of investors do neglect this fact, and due to their greediness, they are investing their money without having any target at all. When you ask them what is their target, they don’t even know what it is, and all they just want to do is simply get rich and not else.

Even when their investment is increasing in value and they’re making lots of profit, their greediness wouldn’t let them sell their assets and collect the profit that they have achieved so far, rather they would continue to hold that same coin. That’s why a lot of them would still end up as losers after everything. It’s always good to set up a target, and when you are able to achieve that target, you can then decide whether you should go on and set your target to a higher level than you currently are at the moment.
2411  Economy / Services / Re: [OPEN] Playbetr Signature Campaign | Hero/Legendary | $60/Week in BTC on: November 13, 2021, 05:54:12 AM
Bitcointalk profile link:  https://bitcointalk.org/index.php?action=profile;u=874611
Current amount of posts (including this one):  1978
How much merit have you earned in the last 120 days:  8
SegWit BTC Address for Payouts:  bc1qyp8v6wxn43ytwlxgkzqpjphr4qnnf4k2x94mtt
2412  Economy / Services / Re: [OPEN] Blackjack.fun Signature Campaign | Sr Members+ | ~$75/wk + Extra reward.. on: October 27, 2021, 09:07:24 PM
Your bitcointalk profile link:  https://bitcointalk.org/index.php?action=profile;u=874611
Your current posts count (including this one):  1977
Amounts of merits that you earned in the last 120 days:  9
Your blackjack.fun username: doomloop
2413  Economy / Services / Re: [ENDED] Moonbet.io Signature Campaign [Sportsbook & Casino] on: October 23, 2021, 07:13:22 AM
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2414  Alternate cryptocurrencies / Altcoin Discussion / Re: How reasonable is the long-term investment in Altcoins? on: October 22, 2021, 07:08:20 PM
We all know that long term investment in Bitcoin is reasonable but how reasonable do you think long term investment in Altcoins is?
I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?
In a way, you’re right about that, because only a few of these altcoins that I have seen have been able to maintain their slow and steady increase over the years. But the majority of them are just not worth it if you’re talking about holding them for a long term. There are times they would pump heavily within a short time frame and after that they would go back to their early price before the price pump started.

This is usually how it is for most of them, so if you’re going to be investing long term you should look for those ones that have the tendency to keep on increasing in value over years, like Ethereum is one altcoin that has been maintaining its increase over the years, then another one I think is worth investing for a long term is Binance coin, it is just like Ethereum.
2415  Alternate cryptocurrencies / Altcoin Discussion / Re: Phenomenal Bitcoin In The Current Generation on: October 22, 2021, 06:05:36 PM
I do not see the possibility of other coins overtaking bitcoin even in the next ten years. First of all there are still lot of people that are still getting to know bitcoin, and everyday more and more people are learning about Bitcoin. Another thing is that when people ask about cryptocurrency the first thing they get to learn is Bitcoin and not even altcoins; they first of all know about Bitcoin before they will start learning about altcoins like Ethereum, Doge, Tron and the rest.

So, this means that there is more possibility of new investors buying Bitcoin than altcoins, the market cap even shows that s bitcoin takes more of the general market cap than every altcoins in the market combined.
2416  Economy / Economics / Re: Chinese construction Mega-Bankruptcy. Evergrande about to crash for 355B on: October 22, 2021, 02:15:33 PM
Those properties in the ghost cities were not built because the people could buy them. Much of those construction projects in China were built because it helped increase the country’s GDP artificially. What we are presently witnessing is the cost of this unmaintainable scam.
That's what I am trying to understand. If nobody is buying it, and it is artificially increasing the GDP, that still doesn't help the people, that still doesn't help the ones that built it, that just increases GDP for a while in a fake manner, but the reality will be open eventually, which we are seeing right now. I mean did they really assumed they would avoid the consequences of their actions? That literally never happened in history of humanity before, would it suddenly start happening now?

Every bad move has a bad consequence and that is what we are seeing, it was obvious from the start. Even if people managed to buy a few, how many could have they bought? It was obvious that it was a failed move, and the result is exactly what is suppose to be.
2417  Economy / Economics / Re: What will be the effects of China's central bank declaring all crypto illegal? on: October 22, 2021, 01:30:44 PM
Theoretically, it shouldn't be an important issue but there would be skepticism.  Bitcoin has outperformed its position compared to 2018, the last of the sentiment field has removed the extreme for the China Fud.  Without those damn roadblocks, keep your eyes on the extreme optimism that bitcoin represents.
Simply we can conclude that bitcoin has defeated all the recent FUDs of China; I'm just wondering what would have happened by this time for bitcoin price levels if China did not have banned all the crypto related activities; probably we might be trading around $80k by this time. Still, getting into a new ATH even after no more crypto activities in world's second high-power country, must be a great achievement for bitcoin ecosystem, indeed.

The consequence of China's ban on all crypto related activities has been nullified literally but we must need some more time to confirm the same.

Overall, we can conclude like, rest of the world must be having all the option to support bitcoin or Chinese people might have migrated into other crypto friendly countries to continue their usual business or ban from any country will not have any significant effect on the progress of bitcoin.
2418  Economy / Economics / Re: Chinese construction Mega-Bankruptcy. Evergrande about to crash for 355B on: October 21, 2021, 10:22:11 PM
I think the goal of building up all those "ghost cities" in China was to ghoose their economic growth, to keep people employed, and to increase wealth of Chinese citizens (to keep them happy).

Ultimately, Chinese real estate prices became too hot, to the extent that the CCP was afraid households would become overburdened with debt when trying to buy real estate, so they tried to cool the market. It appears they have gone too far, as sales have been down by double digits YoY for two months in a row.
I guess how many people could actually buy a house? Realistically? It was obvious that nobody would be able to keep on buying house after house after house, so they would get one and that would be enough and the people who couldn't wouldn't and that would be the end of it.

If you keep on building houses after houses constantly, there will be a situation where you do not have any people that would be able to get that excess amount of houses you have. The idea to cool it down was good, but spreading would have been even better. China really just wanted to "look" good, and they are not, so while trying to look good they basically managed to show the world that their people can't even afford a house, that tells you how bad the situation there is.
2419  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is Solana still bullish now? on: October 21, 2021, 09:18:49 PM
SOL is already 6th, which should tell you how big it got suddenly, it wasn't anywhere at this level it was probably 20% of this price and that would have made it barely in top 20 right now, of course everything went up so it would have gone up anyway but we have seen insane increase from it, something that should have been 10-12th level ended up at 6th place right now and the first five is HUGE so its normal to be there. I have to say it is definitely doing great and people who think that it is not bullish right now are insane.

It was literally 150 bucks or even 140 bucks just recently wasn't it? It went to 180 bucks so quickly. This coin is a special one, I do not know how long it will continue, but it is definitely one of the best ones out there right now. As long as we keep having these type of situations, we are going to see it over 200 bucks and break over ATH and even be 300 dollars eventually.
2420  Economy / Speculation / Re: Bitcoin's new All Time High (ATH) has been reached this year again (X2) on: October 21, 2021, 07:41:25 PM
I'm not surprised that Bitcoin has been able to surpass a new ATH again this year, which means Bitcoin has experienced twice ATH this year in different months with not so long duration, which is about 6 months(+ -), and this is lagging -again proving that Bitcoin continues to strengthen and is trusted by everyone,
In 2021, anything beyond $19,800 must be a new ATH and this way, we had multiple ATHes in first four months of this year and the current ATH is not second time we are seeing an ATH. Like you and many other people, I am also not surpriced on seeing the bounce back of bitcoin as it is a highly expected one.

what I'm surprised is that all the popular Altcoins in the market have not reached their new ATH after having reached it together with Bitcoin in the previous 6 months.
Most altcoins may not see another new ATH here after as they might get dumped too hard and then might get delisted from exchanges. If you calculate ATH in USD value then some coins may try to satisfy you for the money you wasted with them.
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