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261  Economy / Gambling discussion / Re: cash out or let it ride? on: May 08, 2024, 07:17:26 PM
It's your choice mate, from experience most times I cash put the geme ends up playing and when I don't it cuts, it's quote an irony, most of my gambling mates are the cashout niggas if they are close to Victory they would surely take the bet, but yeah some guys would never cash out and would rather stick with the bet pulling through.
262  Economy / Speculation / Re: Buy the DIP, and HODL! on: May 08, 2024, 07:15:18 PM

Every strategies has it's prons and cons and there are several reasons for investors choice of strategies and there is no reason for this arguments or making any forms or comparisons. However, it seems that you are misunderstanding the Idea and concepts of the lump summing such that the fact that any investor will option to make the use of the lump summing as a strategy does not necessarily means that there was no provisions made for emergency funds or to have not taken care of his other needs and probably might not even be as a result of fomo. The Idea of lump summing has more to do with investing right away with a huge sum of money readily made available for investment after ensuring your other needs are taken care of including emergency funds which is Very important as individual even without venturing in to investment.
Lump sum investment is mostly practice or utilized by wealthy investors, who want to utilize the opportunity that present itself, rather than wait for later. Just as you have rightly stated, every investors should adopt a strategy that suits him/her, but it should be combined with DCA. The way the market tends to be these days relying on one strategy might not really go well. For me if I have a big sum of money to invest, I will divide it into two, use half for lump sum and use the second part to be doing DCA every week. This way you will benefit from different market conditions.

lump sum can be used by any investor both rich and average that wishes to put in some money into bitcoin irrespective of the price or timing in the market, i like to see my lump sum investment like hey i just received an extra cash and I think I need to buy some bitcoin with it so instead of just using it for DCA or adding it to my DCA  amount, I rather just put it at once into bitcoin, yeah we can get confused especially if the amount is not big enough if we actually made a lump sum investment, but if its more than the Normal DCA investment then we can call it a lump sum investment.
263  Economy / Speculation / Re: Buy Buy Buy or Sell Sell Sell? on: May 08, 2024, 03:34:57 PM
Well you cut out the rest of my post, and my overall sentiment was that hopefully you do not end up selling too much BTC too soon with your seeming inclination to want to try to play the wave.  Maybe that kind of an approach will work and allow you to not end up with less BTC than what you could have had, otherwise... if that is what you care about versus if you just want to get some dollars that may well not end up holding their value very well

Imo, I don't think we should be bothering ourselves with such matter as an long-term holder, concerning if bitcoin going to hit a new ATH or not . Though they may be high chances of bitcoin hitting a new ATH and all that . But is also a possibility for Bitcoin to start dipping, but still we are expecting something huge from bitcoin but still we can't tell . But that's shouldn't me we should sell either, we just have to hold and keep accumulating, and to me is a good thing that Bitcoin haven't create the massive ATH everyone has been waiting for, for now . Because delay is actually given us more opportunity to accumulate more bitcoin stashes for holding.
You are right, that many investors buy at period lows and hold BTC and wait for ATH to sell but he should have taken a more aggressive strategy at regular intervals. Actually you can guess in many ways but in reality most of the discrepancies are there. We may see more ATHs but when rather than waiting for that, consistently accumulating BTC through DCA strategy is definitely one of the better decisions. Investors should be motivated to buy BTC more aggressively during opportunistic bearish that may return again and again as the target is very high profits.

Investing for the purpose of profit is foolish, if you accumulate bitcoins for a long time then profits will definitely be earned because the price of bitcoin will increase the most in the future. If you don't believe that then you look back to 2013-2014 or 2010, you will definitely find the real truth about Bitcoin price. But keep in mind that Bitcoin has increased by 10-12 times since today and the peak price of Bitcoin can be observed. So I think Bitcoin Hold is most efficient for long term.


This is one reason why it's good to cross check the information you are trying to give out to the public, I think you maybe trying to say that investing for short term profits is foolish and a long term approach would be better cause the example and illustrations you gave resembles what I just said.

Investing for the purpose of profit is foolish, if you accumulate bitcoins for a long time then profits will definitely be earned because the price of bitcoin will increase the most in the future.
I disagree with you completely. How can you come up with such strong term as though profit is not the first motivation for investing in Bitcoin. Weather long term or short team investment, the main purpose for investing in Bitcoin is to make profit. Recommendation for long term investment is to ensure that enough time is given for the investment to yield the desired profits and for the investment to be optimally managed. In addition, the risk of loss is greatly reduced when the investment is given enough time to mature. These are the reason we think encourage people to consider long term and not that short term does not give profit neither should we regard those who play for short term as fools.



I agree with you, I believe that the first thing why anyone wants to invest is to have his money work for them and definitely produce profits, and I think that the idea that we should keep in mind that our investment might not produce profits tend to be giving the wrong expression to folks here.

IMO that is meant for everyone to prepare ahead and know that there could also be a possibility for a bad thing to happen but that is a very less likely possibility but we should also prepare ahead and keep that in mind and also invest what we can afford to lose.
264  Economy / Speculation / Re: Road to 100k? on: May 08, 2024, 12:52:06 PM
Another factor that cam affect ongoing investment can be improper cashflow management, at times people tend to over  allocate to Bitcoin and find themselves in a situation where they need to sell part to balance those ares they have been neglecting. Even situation where someone fails to keep floats around or reserves and end up needing an extra money to settle some stuff, all this are examples of improper cashflow management.

Exactly.  Improper cashflow management may well lead someone to be continuously having emergencies, and surely there can be situations that might seem to be an emergency to some people but if you are managing your cashflow with emergency funds and reserves, it would be likely that the most major situations that arise would end up being taken from the guy's reserves, and then the reserves would end up getting built back up.. and it could take bit of time to rebuild the reserves depending on how severe of a situation had taken place. which still might not rise to the level of an emergency. which could be getting hit by a bus or in some other way losing your income and/or increasing your expenses for a period time that hopefully ends up being temporary rather than permanent.

Yeah and most times some folks tend to neglect the power of having a good cash reserv available for you at anytime, cause at times we might find ourselves in some kind of unplanned situation that requires immediate attention and if we had not prepared ourselves in advance we might end up having to use our emergency funds for such situation, Yeah some persons can argue that we must only use our emergency funds in cases if emergency but for someone that doesn't know about good cashflow management and has not at anytime prior taken time to calculate his expenses and kept floats or built reserves and emergency funds can always be in a state of emergency and i like to see emergency as any very pressing need and it might not always be severe like an accident or health issue or maybe house issue, this can at times be the simplest of situation like when we have to spend money on a business or building project and we didn't plan ourselves well and it happen, if someone isn't careful they might have no choice than to want to dip their hands Into their bitcoin to settle that issue thinking of buying back later.

The end point is having a good cashflow management and having a sence to have cash around just in case can save you from a lot of trouble or emergency that may tend to rise from time to time.
265  Economy / Speculation / Re: Buy BTC sold for 16 BTC-1 mil USD on: May 08, 2024, 09:24:18 AM
I wouldn't buy that sign even if I was a billionaire, because I don't see any significance in it. Yeah a dude held it and it generated some hype in Bitcoin community for a week - so what? In my book that wasn't a significant moment in Bitcoin's history. The fact that it was sold for $1M is just another example that there are Bitcoin whales who sit on large amounts of coins and can easily spend $$ millions on some overpriced stuff.

I wouldn't either buy it.... But it is a thing in my book of significant happening, it made some mainstream visibility and some good meme's etc ... also just the act of doing such thing is cool imho.

Almost same thign as buying a lame NFT, i never really could wrap my head about NFTs or why they should have value but that's what it is. If an NFT could be bought for huge amounts then I dont think this buyer is crazy enough to buy this piece of paper, maybe he thinks it has value equal to what he spent on it.

What a crazy world you really can expect anything.
266  Economy / Speculation / Re: Buy the DIP, and HODL! on: May 07, 2024, 06:37:53 PM
I agree with you on the percentage range the student should be alloting to his bitcoin accumulation, given the fact that his parents are still sorting his bills. Academic work comes with a lot of financial responsibilities, you should be able to strike a balance between what you have to spend on your day to day routine as a student and the amount you keep for your investment. Bitcoin investment is not sprint but a marathon race, which allows you time to accumulate little by little over time.

Speaking of beign conservative as a student in your bitcoin investment I'll like to speak as one, IMO a student is no different from any other investor like a family man with responsibility and more expenses or any other person, what matters is how well he can manage his income and how much disposable income he can make available to him, yeah your are right by considering that his source of income might be his parents and this can be inconsistent a times but it doesn't change the fact that we invest with our disposable income and that can be 20%, 10% or what ever the student  and afford.

My point is simple, been a student doesn't change the fact that you can approach your invest the right way, which means to consider that if you want to get more bitcoin you must invest more, so if income is a problem you can consider having a part time job to get a consistent income for that and that shouldn't also be a reason to be stupid or put yourself in a difficult situation, the advantage is yours for discovering bitcoin at a young age but what good is that if you mess it up or don't take good advantage of it, the end point is there is a line between aggressiveness and overly aggressive, so as a student I believe that also applies to me and I should invest as I should.
267  Economy / Speculation / Re: Road to 100k? on: May 07, 2024, 06:08:48 PM

Because the what one really need is a good cashflow to handle his accummulation part, and also be patient with his investment by holding for long-term only , in order to have more time and opportunities to gather more . But still knowledge play a crucial way when it comes to investing but don't let it affect yah accumulating part.

Yeah!  Absolutely  one needs a good or strong  cashflow to sustain  your accumulations maybe not necessary too strong but good is a perfect word  generally.

However,Patience is a very important aspect to consider In my view , without  patience all these might be almost impossible  or even impossible because there's no way one's gonna last long  if he doesn't have patience witness some good returns over his stashed Bitcoin investment , all he will focus on his the dip marketseven when he's in profit . I see it as a very important aspect so it needs Bold Smiley


Key to success is proper preparation on their investment since if they just came by and invest then take the risk and spend all their hard earned money then provably this will never give them any good result. I really believe that those people who use all their money to invest on bitcoin will go emotional once they see some corrections and to bad for them if they undergo on mental break down since for sure this will result to heavy decision that doesn't benefit them.

That's why its important to have good cashflow since whatever happen in the market we could just able to handle well the situation since we are confident that everything is fine and there's still money left on our side to use for another series of accumulation or to use it on other things that we are interested on.

Patience is key on everything and I believe we can only have this if we are fully equip with knowledge and have alternative source of funds.


One must not be fully equipped with knowledge nor even have an alternative source of income to become successful in Bitcoin long term investment, being financially ready even without an alternative source of income one  can become successful only with a basic knowledge and proper planning, with having the knowledge of dca strategy one can accumulate Bitcoin on different intervals irrespective of the price point either weekly or monthly and become successful. however, it will only take a longer period of time before he or she will build up a sizeable worth of Bitcoin up to a reasonable amount and lastly, to start buying Bitcoin and learn more on your way up is the most important thing than trying to be equipped with knowledge.

To be successful in investing, you need to have a long-term plan as well as a guaranteed source of income and a proper combination of plans because your capital is very valuable to you. The purpose of having an alternate source of income is to not have to disrupt your investment in the event of an emergency or health emergency, or to sell investment capital before reaching investment goals. Investment experts recommend keeping your emergency fund in cash for 3-6 months. You can keep your BTC holding safe and DCA method running consistently as a result. You definitely want to protect your margin.

IMO I don't think having an alternative source of income can a situation of emergency from disrupting once investment plan, an alternative source of income surely can bring in more discretionary income to the table to help further your investment or give you more opportunity to invest more in bitcoin, but if you have a poor emergency funds then no matter the size of your income you would still find yourself in a situation where you might dip your hand into your bitcoin if an emergency occurs.

You should understand that an emergency funds is built specifically to be in preparation for any situation that may occur that can threaten your investment, it's just like knowing that I can get sick even when I'm healthy and I'm keeping money in advanced for that, this time the money is not for any specific emergency, it could be a house challenge, food challenge or family challenge, but it has to be an emergency, and that is left for you to figure out.

Another factor that cam affect ongoing investment can be improper cashflow management, at times people tend to over  allocate to Bitcoin and find themselves in a situation where they need to sell part to balance those ares they have been neglecting. Even situation where someone fails to keep floats around or reserves and end up needing an extra money to settle some stuff, all this are examples of improper cashflow management.
268  Economy / Gambling discussion / Re: The shocking rate of women interested in gambling. on: May 05, 2024, 08:39:32 AM
Since gambling became a source to get money and also how technology has made it easier to secure privacy and anonymity a lot of women are now very interested in gambling, and also the condition of some country demands that you do something extra if you want to get money since government are now unable to provide for citizens.
269  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: May 05, 2024, 08:27:46 AM
Right now the table is quite fixed and we can see who is taking the title of first four, while man United, Chelsea and Newcastle are left to struggle for 6 position to qualify for the conference Cup, right now Newcastle is ahead with 3 points but both other teams have an outstanding match to play, and I think man United might not make this journey cause they have a strong match againt arsenal next week and if they lose and Newcastle and Chelsea wins they have well passed them and I think right now that's all man United can hope to qualify for.
270  Economy / Speculation / Re: Buy the DIP, and HODL! on: May 05, 2024, 12:50:20 AM
I just entered this topic for about an hour, and I will start looking at the details from today. But I have been looking at this topic for an hour with ideas and my mind is useful enough to invest. I will start investing according to everyone's idea and make my investment long term.  Because everyone here says long term investment is only more profitable, I will definitely show you the scenario of investing with proof from the day I start investing. So I am interested enough to invest now.

Welcome mate to this thread, let me run a quick brief on what we have been discussing here, as the title implies 'buy the dip and hold' the thread is about to best ways to accumulate bitcoin and the best kind of practices you can involve in your be successful at that.

We have settled for the fact that the DCA METHOD or dollar cost averaging is the best strategy for beginners amongst other strategies cause ;

1.)It doesn't require much knowledge to start

2.)You can start buying right away with any amount you have, you don't have to be rich or have a huge capital to start buying bitcoin, all you need is to is divide the capital you have at hand into several parts and invest at equal time intervals.

We have also discussed about building up emergency funds as an insurance we don't sell our holdings due to emergency when we don't plan too, this is important cause as a long term investor you have to ensure that your bitcoin remains intact throughout your investment time.

This is a short summary of some important stuffs you can do some research on DCA to aquire more information on what it's about.
271  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: May 05, 2024, 12:36:31 AM
Just as expected, girona has whipped Barcelona's ass with a stunning 4:2 again and thanks to that real Adrian has been declared winners of the laliga and we are still expecting the champions league title for them too, early today I was scared of saying that girona would beat Barcelona cause a lot of persons were saying that Barcelona was on form and could do something about it, but I knew that girona wouldn't fight this hard to be here to lose at this moment, but that doesn't mean that they have cemented a second position, to me it's still well open to Barcelona if they decide to start losing matches, with only a few matches left anything can happen and tables can be turned.
272  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: May 05, 2024, 12:30:55 AM
By now it's quite obvious the two contenders of the premier league which is arsenal and man City, today's performance shows that it's are both quite keen on winning the trophy, although arsenal might be a point ahead of city let's not forget that they don't have equal matches played and anything can still happen from here on out, City has a challenge to win every opponent they would face and same with arsenal. But i think arsenal might have quite the challenge against man United and it might be a big problem cause man United are struggling to retain the conference league spot since they are have well missed Europa and of they lose matches chealse is quite close to them and they have to fight hard to stay ahead, so yeah still a lot of tension for both teams and to me more tension for arsenal than City.
273  Economy / Gambling discussion / Re: UEFA Conference League 2023/24 Season on: May 04, 2024, 11:59:00 PM
With the way things are going I can hardly predict which team would be the cup bearers this season, from last week performance we can see that all four teams are in a real form and are kicking it hard at each other, any team that managed to come out on top was not based on been a better team but because they were lucky and was able to utilize their goal scoring opportunities, take a look at villa and Olympiacos who could tell that villa would lose with a margin of two goals at their home and despite their struggles the other team still came out victorious, they was no short of tension with Fiorentina and burruge, it was also an outstanding match and both teams gave their best. So I just plan to sit down and watch and try my bokies but at this point we can't tell shit about what would go on next.
274  Economy / Gambling discussion / Re: Which device do you prefer for gambling ? on: May 04, 2024, 11:49:25 PM
A lot of gambling sites have emerged during and after the Covid-19 era and a lot of people have since then joined the gambling community.
We now have a wider audience who likes to gamble on desktop, laptop, mobile phone etc...
This poll is to see the most preferred device for gambling which I assume should be desktop as it provides a bigger screen and better user experience than any other device.
But a lot of people prefer mobile phones too and so lets just hit it and see what the actual results are.

Anything can go for me as long as I get what I want which is to be able to place my bet and it depends on place and time or how I find myself, I would personally prefer to stay in my room and do my predictions with my phone and I do enjoy it cause it is easy to hold and I can lay on my bed and be flexible as I want, but when I I in a gambling shop I'll use what is available, so it doesn't really matter to me as long as I can place my bet.
275  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: May 04, 2024, 11:46:26 PM

https://www.youtube.com/watch?v=bxsvKONJX0s

I understand why he is getting trolled and I understand why a lot of people are actually saying he is selfish or he is trash and even saying that he is not good enough for Liverpool. But at the end of the day, they forget to understand that he is still a very important player for Liverpool. without him, Liverpool is probably not going to be able to have the same level of success that they have in attacking. I think it is already almost certain that Liverpool will not be winning the English Premier League title this season. They are finishing probably on the third position at best. I think everyone expected a better performance from them. But it is what it is. What I want to say is that, at the end of the day the failure of a team is not because of only one player playing badly in a few matches. Mohamed Salah is still important in my opinion. But of course, other people may have a different opinion.


Your right about this mate, it socks that most people blame one person for the failure of an entire team, I know that Mohamed salah is quite a selfish player and loves to take all the glory to himself, and he even portrayed this attitude against mane when he was at Liverpool, there was this rumor that he played a role in the selling of mane but irrespective of that I still recognise that he is a good player and has lead the team to so many victories before, we can't expect expect to do everything cause he is the best player on the pitch, his teammates also need to support him too. But at the end of the day his character is his undoing and he must fix that.
276  Economy / Gambling discussion / Re: Gambling between the past and nowadays on: May 04, 2024, 12:47:40 PM
Yeah we have more gambling addicts in specific now than then and that is sue to the incentives that this gambling casinos has added, you can now win huge amounts with very small money which was not so in the old times where everything was a wager and everyone bets with same amount on an event, and everything is so fast now you don't have to wait for hours to finish a game, you can just play simulation and win more.

So yeah everything has changed and would still change for the worse.
277  Economy / Gambling discussion / Re: Gambling addiction causes loss on: May 04, 2024, 12:46:21 PM
Addiction of all kinds causes loses, have you seen drug addiction and what it does to people, there is a guy at my street that has sold all his property just because of addiction to drugs and he was so rich before this, addiction is the problem and not what you are Addicted to, anything can get anyone Addicted to it but what matters is how you are able to Control yourself and apply discipline not to go to far.
278  Other / Politics & Society / Re: Can divorced couple reunite?? - please share experience on: May 04, 2024, 02:13:33 AM
It's possible cause not all divorce was because of the other party wanted to get some property, some happened because of a cheating party and the other did such cause of anger, and if they really loved each other then they is a place for reconciliation and they could amend thigns and go towards a better part of life.

Yeah so couples divorced can get back together just the same way broken relationship can amend.
279  Other / Politics & Society / Re: Politicians and false humility on: May 04, 2024, 01:40:41 AM
 >:(I won't really blame them as tho everyone of us here in this Comment section doesn't have those tendencies to change once power is given to us, anyone can get corrupted by power and forger what they said and besides we don't know what is going up there and why they all seem to change, I know wif power was given to me I might not be any better than the rest and this generation is one of the most corrupt at every level, an ordinary police officer would abuse you with the power given to him, a teacher would want to punish students absurdly cause he can, a manager would want to take advantage of a woman looking for job or is working for him, that's how life goes and to earlier we all accept this the better for us, no one is innocent it's just sin inside of us that controls us. Give your life to christ and have hope that you would be saved from this flesh one day.
280  Other / Politics & Society / Re: a slap on the faces of patriotic citizens on: May 04, 2024, 01:38:08 AM
there is absolutely nothing wrong in critizing your leader. criticism is part of democracy but when you call your country a zoo and all sorts of names and regret being a citizen, you have crossed the redline.
   I also have no problem with some people's vituperation and hate over there country but to suddenly decide to serve the same country you hate is hypocrisy of the highest order. and such people will have nothing to offer.they want to make use of the government to gain there own personal subscription, if appointed at the end. Because there are enemies of the country.
Everyone has their own opinion so anybody can say what they like which is left to them the consequences they might faces.
It is better we respect our various countries because this is the only way to serve the nation and keep trying to see things get better.
We don't have to pose like we are the only one the bad society is affecting, everyone is facing it and we need to be wise and keep up to doing the good works that will induce others to follow the ama patter instead of causing problems ups and downs.
If you are a common man then most likely you will not be allowed to criticize your leader, the government will supress the idea directly or indirectly once they saw it's gaining attention. There is no freedom of speech anywhere but it varies from one to another country. We can't do anything at all other than accepting and learn to live with it.

Yeah that's very true but there are ways that you can raise points and your voice may be heard, often times I've seen many less influential and common persons make remarks about the government on radio that lasts for weeks and months and many people hear about it and the government has no other choice but to act rightly about it to prevent some kind of protest.

One thing I believe is the power of a united citizen can counter that of the government, if majority were to stand against the government they would mostly likely win, but that would never happen under the watchful eyes of the government they bless some people to stand and give positive testimonials about their work and when such protest were to occur you would have a divided house amongst citizens.
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