The problem with some people that do DCA is that they're not improving in terms of how much they're investing, if you're doing DCA of about 100 USD a month, it's not going to make you a millionaire anytime soon, probably the best thing that you can do is to try and increase what you're adding in your hoard by increasing the amount of money that you're putting in, just make it 105 USD next month and you're good to go, make the improvement consistent which woulf mean that you're also going to be improving your career or else, you're not going to be sustaining that growth that you're putting in your DCA.

I don't know about the American dream though, it's been a talk for so long now, I don't even know if that's a true thing, maybe it will only happen when you're asleep or something like that, no poverty present if the American Dream is real if you feel me.

I don't think that it's a good idea to rely on bitcoin as a way to grow your retirement money, as much as I believe in bitcoin, it's still a volatile investment that can go anywhere at any given time so there's always that possibility that you're probably going to have a problem with your investment going down in value.

What you need in retirement money is something that's consistent and won't easily go down in value, I say that it would be better if you split it up on different kinds of investments so you're not going to be the one that's losing money at the end because you've put your eggs in one basket. Or you can just say "fuck it" and risk it all on bitcoin, bitcoin's not going anywhere anyway so I'm sure that even if I've got reservations about it's volatility, bitcoin will still get back up when it experiences the bear market, it's a cycle of dump and pump but we never know when those things are going to happen again, what I'm worried about too is the fact that you might not be able to take the panic that you're going to feel when the price of your investment has gone down in half or more, that's where your test of faith in bitcoin is going to start.

If I recall what quantum computers are, they're the kind of computers that can do really complex equations and math problems that would take a normal computer hundreds of thousands of years to answer right? Well, if that's the case then it would be a matter of whether quantum computing is really fast as it should be because to brute forcing a wallet is going take a really long time, I believe it's eons to predict one so I don't know if a quantum computer will be able to do any kind of damage when it comes to brute forcing a wallet to get an access on it. This is one of those times that it would be better know if we arrive at that point and see it for ourselves if quantum computers can really do it.

Wow, there's about a week's worth of 3 square meals for everybody if you do the numbers on bitcoin distribution per person, I guess it's not that absurd given that there's a 100 million satoshis per bitcoin, they're bound to be able to accommodate everyone, I cam only imagine what it's like when 1$ is 1 sats, that would probably be a long time before it happens or the dollar is just too weak that it's value against bitcoin is that low, even with all the lost coins out there, bitcoin would still be able to accommodate everyone. When you look at bitcoin this way, it just fortifies your belief that it's the best thing and that it's always been for the people even though it's not explicitly stated.

Youre not scared that they might have some ATM skimmer installed there? That's what scares me the most whenever I have to use an ATM, the skimmers are really tricky to spot too so at best I avoid bitcoin ATMs, so far I haven't used one but I know that I'd have to avoid it because of that fear, other ways to sell my bitcoin has worked for me and have encountered no issues with that method yet so I'm not that excited to use a bitcoin ATM. Maybe I'll try but I don't think I'll see any of that being built in my country because there's more people that are used to ATMs that are mostly for cash so it's probably a long time before I see any, I want see one even if I don't plan on using it.

That's exactly what it is, unless you've won billions of dollars, any money that you've won over the course of your gambling career is just your money being returned to you by the casino or the gambling industry. It's like a vicious cycle that would quickly turn into parasitism the moment that you try to put some effort into changing your life and stop the gambling cycle of trying to chase the losses that you'll get the more of the more you gamble.

If you've got more wins overtime in your betting history then yes you're definitely winning more compared other gamblers and that your money isn't returned to you but that's not an easy thing to do, if you stick to the winning odds which is most of the time is really low and that doesn't net you any big profits, some odds are so low that you might even lose money even if the bet wins.

Arbitrage is a go-to for me, sure that I'm spending more money to cover the possible outcomes, it's still gives the profit at the end of the day because when I get a big win, it's going to be either break even or a profit to me, I don't do this much though as it's really tiring to do but it's a good strategy if you want a dumb win in your betting. My second risk mitigating strategy is for me to just follow the lowest odds and do accumulated bets, it doesn't work all the time though but the risks are definitely lower. Take note though that when you do arbitrage, you risk getting your accounts being blocked so take care not to be caught, it's not illegal, a lot of casino just don't like it.

It's so weird to me that the intensity of these sporting events can lead to this kind of things happening, damn, stabbing someone because they're not a fan of your team and that they support the other team? That's just stupid and crazy, I don't even think that it's because they've got some kind of money on the line there, the more intense the fan is and rabid they are, the less likely that they've got a money on the line that's on their team. I don't really get people that are like this though, do the players or the team even know that they do exist or remotely know them personally? I could some intensity in the heat of the moment but to get to that point where you hurt others to release that frustrations, that's just horrible in my opinion, ain't no way that it can be justified. That's why I don't go to stadiums to watch sporting events, this type of situation is what I'm scared of, thank God for the television and livestreaming, less chances of getting stabbed by an angry sore loser of a fan.

That would've been easily fixed if you've got a good internet or a computer, that's the only reason that I can think why your computer is glitching and I don't think that you'd probably resolve that issue a long time ago or maybe just clean your computer down to a T, that's how it is with computers, they get cranky and lagging when there's no maintenance scheduled on that computer. Definitely a simple mistake but the more you neglect it, the cost of having to clean it up is going to be more expensive in the long run. Maybe this is the cause of being too cautious about a lot of things, we simply forget the most basic things and end up as the one that would cause us to commit a mistake, I guess that it's natural to happen especially when we're thinking a lot of things and there's other priorities, you tend to forget things, that's why it's really good to follow the adages and sayings that encapsulates a lot of situations and helps you in many aspects of life.

Nice theory but I can totally agree with you on that but I'd like to add that it's probably not Blackrock that's getting those bitcoins sold to, most likely it's big banks like JP Morgan, even though they're a total opposition to bitcoin, they'll definitely buy those because it's sold to them at a discount by the US government. Or we can both be wrong about this and it's just the US government selling their bitcoins and getting all the profits for themselves, they need that money after all so why go through more complications when they can get the money themselves right? And maybe they might consider assuming control on bitcoin market after all, they're not the really good kind of government at all so the possibilities of evil things that they can do is just too many to list down.

I guess P2P is the way to go for you, that way it's bank to bank transfer kind of thing and not directly from the exchange. There's also the possibility of using Paypal but there's scammers out there that would do some shady thing so it's not a good idea, maybe even as a last resort. Take your chances on a centralized exchange, they're reliable if decentralized exchange isn't an option for you, you don't store your bitcoins there anyway so it's a good place for you to do your P2P trade, I recommend Binance if you want to do it there, I trust them as an exchange as I've been doing some of my P2P trades there and so far, I haven't had any problems with them over those years that I'm using them even though they're banned in my country, I would still use them because they're just that good to me.

Exactly, they do everything that they can to exert some control over the people that are in their domain and what better way to do that than taxation, this discourages some people to declare their money or what they've earned correctly which would to some jail time thus eliminating one more bitcoin user for a short time and this events can also discourage others to try bitcoin or have develop a notion that bitcoin is something that they should stay away from if they want to stay away from jail or some might even outright think that bitcoin is criminal. I wouldn't agree with the small fees though, that's probably the bane of my existence in the bitcoin market, every move that I do, I need fees which ends with some if not all to be storing it in hot wallets so they can quickly sell it in case the price is favorable to sell.

You can probably use dog tags or any metal where you can do an inscriptions, that way you can store it safely and you don't really have to spend a lot of money just to store your seed phrase, you would probably still have that even when you're old since, maybe putting some form of cover like a rubber to conceal the contents of that dog tag. Plus you can wear it on your person so you know that you won't lose it or just store it somewhere easily accessible to you. Also, don't divide your seed phrase into two parts, that's got to be some spy stuff that you're doing because it's only recommended if you've got like a huge amount of bitcoin in there like numbering in thousands or hundreds of thousands or maybe when that wallet stores the bitcoin of multiple family members but otherwise, don't do this because you're going to complicate things for yourself.

I like to think that bitcoin's an exception to that rule, 3 is sure still a coincidence in my book but knowing the popularity of bitcoin and the faith of many investors about it's growth and their devotion to it grows daily, I don't think that bitcoin will ever disappoint, it might take a long time before it will go up again once it has gone down but it will always surprise us when this happens, bitcoin's not any kind of altcoin out there that once it shows it's blaze of glory, it's all downhill from there, bitcoin doesn't really have to prove anything at this point, institutional investors are recognizing it as a legitimate investment tool even though it's still as volatile as ever. It's really weird to me that people are still on the fence when it comes to bitcoin investing, if you really want to invest in it, you probably have a really good benefit if you stop thinking and doubting and just start accumulating through DCA no matter what happens to the market.

There's got to be some other explanation as to why having a children doesn't have an influence on your gambling habit besides being an irresponsible parent and that you don't deserve to be one in the first place, but to answer your question, it definitely affects you, there's no way that it doesn't, that's another individual right there and it's growing for you there, you need to be the adult in the household and make sure that their needs are being met first before anything else, being a parent means you'll have to stop being so selfish and start thinking about other people, that's the only way out in this situation, you can still gamble but there's a voice at the back of your mind that will constantly remind you that the money that you've put in could've been put to something that would benefit the kid or the children.

Addiction is more on the dopamine thingie though which means that chasing wins and recouping losses is secondary at most and it's more like people that are addicted to gambling are addicted because of the fun that it gives them combined with the frustrations of losses. For me, what you're saying isn't an addiction though, it's obsession because in obsession, you've got a goal that you're so focused into getting whereas with addiction, the journey of having fun and pleasure is what's keeping you there, you don't look forward to the destination because the destination is calming down and having those withdrawals that are the most common side effects of taking a break while still suffering from addiction.

It's inevitable that AI will affect every aspect of life as we know it and I don't believe or even think that gambling isn't going to be affected by it in any shape or form, most definitely we'll see a new kind of cheaters that will utilize AI to gain advantage, now imagine an AI that can compute at the millisecond speed in roulette and predict what could be the possible number or color that it's going to land, most definitely AI involved in gambling is going to be more about the cheaters so watch out to all gambling business owners out there, you're going to be the one affected the most by these things.

Don't need to, what's the point of doing it anyway? I might be just lazy but in my opinion, tracking your gambling progress seems to me like a chore, you're supposed to be having fun playing games right? Ain't no way that I'd make something that makes me happy become something that frustrates me to the point that I'd rather go find another hobby or recreational activity because when I gamble, I always think about that stuff about my losses and wins. To everyone that wants to try tracking your progress, make sure that you keep your emotions in check so you don't become what I've just said.

You'll probably only see the data of confiscated bitcoins by the authorities in estimate I think because even though there are some news headlines that are talking about the amount of bitcoins seized in an operation, there's other operations out there that aren't newsworthy so they don't get headlines or just plain covert so the numbers aren't accounted for, only way that you could know for sure is if you've got some deep level access in the governments that have seized bitcoins or have a contact that would provide you that numbers.

If this is true then wouldn't this be a good thing because there's more in crypto exchanges than any other groups out there? What I'm trying to say is that don't we the retail investors outnumber these groups so any kind of plan to do with the price of the market?