Bitcoin Forum
May 24, 2024, 05:26:45 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 [16] 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 ... 344 »
301  Economy / Economics / Re: Building wealth it's not just one time Luck on: September 13, 2023, 01:18:23 AM
Success is not just all about luck. Because if you rely on luck on every endeavor you have, then you are seeing as a gambling. While investing and trading may bring you wealth in the long run, but know that there’s always a process that you need to go through before you can achieve success. If you want to build wealth, then learn to overcome your losses and mistakes along the way. Learn to start even from a small profits until you come to grow and improve it with your knowledge and skills in your chosen career, and as well with luck.

This is really the problem with newbies right now, they quickly want to earn huge profits even if they start from scratch. Others think that if you have a business you are already rich but you don't think that you are just getting a penny's worth of profit from it. Without your dedication, hard work, and not giving up you'll not be able to earn the huge profits that you are wanting to because that is really the key to success with your wealth.

Mistakes are the best teacher for us because that is where we learn and improve which we will go through while we are building our wealth. That is why it is better to seek advice from those with experience because you can get a lot of valuable advice from them.
302  Bitcoin / Bitcoin Discussion / Re: Hope is all I have left on: September 13, 2023, 12:24:23 AM
For people like us who still struggles to invest money on Bitcoin I want to know if one day, 1 sat can ever cost as much as 1 cent? Is this possible? Sorry I can't afford to dollar cost into Bitcoin like everyone else, it's very hard for me, all I need is hope.

I can only afford to invest into Bitcoin once in two month and that's not every with big money, you should understand my situation, I am too shamed to call a number.

Is there any hope for small Bitcoin buyers like myself? Can 1Sat ever be 1 Cent one day? 

It may be small today but in the upcoming years you'll already have accumulated a huge amount of bitcoin. It doesn't matter how small your investment is as long as you have consistency. It doesn't matter if you bought it on a monthly basis because if it accumulates you can't imagine that it is already huge. This is still better than not investing at all. You are doing the right thing but we can't predict the price it will probably reach that price but as of now focus more on how you would allocate your money to buying bitcoin.

Don't be discouraged that you are investing a small amount lucky for you that you have that extra money to invest in because others right now just want to invest in Bitcoin but their income is not enough to do so because they prioritize their needs.
303  Bitcoin / Bitcoin Discussion / Re: Wife discovers husband's hidden Bitcoin during divorce proceeding on: September 12, 2023, 02:05:15 PM
To the not-yet-tied guys and gals out there. If you don't want your soon-to-be companion in life to touch your holdings, just get into a prenuptial agreement of what you own like assets in crypto or real estate or as in anything. It's an agreement for those that you haven't heard it yet.
And this is also the reason why many marriage got their own downfall when they don't agree to each other in terms of finance, assets and investments. That's why before you tie the knot, make it sure that both of agreed to the likes of each other and accepts whatever it is because both of you are on your behalf and have each other's back.

Even if the both parties are on any sort of blood oath I still don't think that would prohibit the other from eyeing the property of the other.
Some of these marriages happens because of what the man or woman have. With that kind of marriage you expect them to stay together till they die? Even if their vow includes in sickness and in health till death do us part? No way is that happening in any part of Africa I think.

Recently I've noticed that having divorce is easy they just give each other money and also support the child and they are done. They just do it easily and I've noticed this mostly with rich people and even just because they have money they can do it easily. 

Mariage right now is something that they are finding security in financially they are just after the money and the assets not the love that was given to each other. But this is already the case, and for sure women always win and they can get half of the assets no matter what as Bitcoin is also an asset. It's just lucky for her that she found out about it if not she won't be getting any of it.
304  Bitcoin / Bitcoin Discussion / Re: What type of advice is worth giving such people? on: September 12, 2023, 12:35:57 PM
That is really the result of not being cautious  like installing unkonwn applications or clicking links in emails. You should be aware of the risk so that you will know how to prevent it, and you should also always have a security measure when it comes to accessing your wallet like having your seed phrase put inside a safe and not in your personal computer or having a hardware wallet and putting it somewhere safe.

Start clean, reset all your devices, create new emails, and create new accounts. All of the old traces should be gone. The password that you used before should be new. Use a long password that is hard to guess with a combination of special characters. This is what you need when you got hacked already and you want to purchase Bitcoin again.
305  Bitcoin / Bitcoin Discussion / Re: can Bitcoin provide food for our table on: September 12, 2023, 10:43:39 AM
Of course Bitcoin can put food on your table because Bitcoin is a valuable coin.  Now various restaurants are accepting payment for food through Bitcoin and in the future it will expand even more when Bitcoin like paypal, bank card will become a common international payment method and it will be possible to pay in all cases through Bitcoin.  Where Laszlo was able to buy pizza with Bitcoin 13 years ago, why can't we now think that Bitcoin is able to deliver food to our table?

I've just realized that the OP's post has a double meaning one is about making a living on it  like earning a profit from Bitcoin and the other is literally about putting food on the table meaning buying food using Bitcoin.

When it comes to stability in earning Bitcoin we can say that it ain't stable. Yes we can earn it by trading, services, and many more ways  but it is not the same stable as when we are working in the office or have a full-time job unless you have got paid via Bitcoin. If we are just relying on trading or other forms of earning there are times that you won't earn a single penny and that will lead to not being able to purchase your needs. It can really put food on your table, but not on a daily basis.

On the other hand there are a lot of restaurants, shops, and online stores that accept it as a payment method so you can really use it and as the years go by adoption is getting bigger just like now big companies or shops are accepting Bitcoin as their payment method.
306  Bitcoin / Bitcoin Discussion / Re: We Are To Turn Bitcoin into a Global payment Network - Former PayPal President on: September 12, 2023, 08:58:01 AM
My first thought was that they really advertise Bitcoin or that they will be using it on some app or website just spreading news about it but it goes deeper and I agree that they are kind of fooling around as Bitcoin is already a global payment and nothing needs to be done about it. Probably they are just wanting people to use Bitcoin more as a payment service than an investment or they are planning to have their own token that will be used by all.
307  Economy / Gambling discussion / Re: What is the Difference Between Plying Gambling on Online Sites and Real Casinos? on: September 12, 2023, 07:03:48 AM
It is both good but I prefer online because I can play anywhere and anytime. I've also got in once because of my friends only the ambiance and you'll see many mixed, rich, middle class and regular people. Only the noise and the feeling that you are in a crowded place doing some gambling which I don't really like. I do want more peace while playing which is why I prefer online casinos.

It is not required but if ever you'll be going to a place where the casino is legal try it out to satisfy your curiosity but sure you'll prefer the online one as you are used to it but let's just see if you really want that crowd is watching you playing.
308  Economy / Economics / Re: I wonder if food prices in your country have also increased? on: September 12, 2023, 04:09:41 AM
Food prices will increase inline with oil pretty much, that would be one of the easiest ways to tell inflation in pricing is likely to continue.  Also fertilizer is another price to follow for cost of production but as I understand it food prices are rising because cost to produce is rising.  Generally the world is demanding more refined foods and a greater amount of meat means more demand for food to feed live stock, enough factors for prices to rise over a decade and thats what I expect.

And here in my country work is being done to increase the excise duty for petroleum products! Of course, this will affect the prices of all products and services... Inflation is unstoppable for now, and many steps taken by the state are counterproductive. In the meantime, some chain stores and some companies are recording a growth of +150%... compared to last year, and a much higher growth compared to two years ago. While people still work for $2 per hour, min wage.

This really made me sad and pissed at that time. If the business is striving, the business owner should also compensate their employees and not just say that it is already a minimum wage because right now it is not enough. I have also seen many new stores opening in my area which is a sign that many investors and business owners want to build their businesses but still the average salary needs to be higher.

We can't blame anyone for this situation we just do our best to find another extra income to cope with inflation. No matter how we mock the government and other people it will still be the same and we are just wasting our efforts, it is better to put that effort into action so that we don't starve.
309  Economy / Economics / Re: Building wealth it's not just one time Luck on: September 12, 2023, 03:16:59 AM
I already know that using a $50 trading capital was impossible to make it $1,000 in just a few days but can possibly be made for years. And with that long, I'm not sure I still have the courage to trade with that amount, that seems too boring for sure. In this case, I wasn't thinking of becoming rich either.
Building wealth never happens too easily unless you are a rich person already but like me who doesn't have that much money to start, that might be just a dream as it only has less possibility to happen in real life.


People think once they join into the trading or investment they can have a good immediate return it takes time to deal with it you must need to give most of.your efforts and time just to reach the goal you want to. This is one of the common mistakes of the beginners too they easily baited with too good to be true investments reason to lose their money and asset because if urging too much to earn. Consistency is the best even though its just a small amount. There's no instant millionaire without risk.

Others decide to quit their job even if they don't know if they can make a living on it on a monthly basis. Most people when it comes to money they want to hastily earn it. Like you've said they just learn it overnight and then think they can now earn tons of profit on it even though there are still a lot of things to learn. Also, because of the haste with which they want to earn that money immediately they fall into a scammer's hands because they thought it was real and they were blinded by the profit they would be getting.

There is no easy money when it comes to investing you'll need to go through ups and downs and it takes a lot of hardship and patience to accomplish it. If you still continue despite that then for sure you'll get what you want in the end.
310  Bitcoin / Bitcoin Discussion / Re: My Preparations for BTC Halving and bull market on: September 12, 2023, 02:07:30 AM
Investing into bitcoin is risk free, and gives the best profit.

I do not agree with your statement, there is no investment or asset without risk, including real estate. An asset that everyone considers the safest also has certain risks. Don't forget, the higher the profit, the higher the risk. Furthermore, we also know that the future is unpredictable and that is why investing in bitcoin should only be with an amount you can afford to lose.

Bitcoin has the potential to increase in price significantly after each halving, and that has happened historically, but is there any guarantee that that will continue to happen? No, it's all just our predictions and expectations. Therefore, in addition to preparing for the bull season, we should also have a backup plan if the bull season does not come.
We always believed that history will repeat itself that’s why we have this mindset that once bitcoin halving will takes place, all the crypto coins will experience a price high surge. When in reality, there’s no guarantees that the same effect for halving will happen. It could still be the same in the previous halving, or it could start a new outcome that is unexpected. So all we have to do is to prepare for it, not only for the best but also for its worst as we hold no certainties that bitcoin halving will still bring a lot of profits.

As long as the money you put into it is what you can afford to lose then it is good to take the risk. There have really always been surges in the past halving on Bitcoin that almost all of the crypto goes green and reach their own ATH so because we already predict it even not 100% it is best if we can risk it and try to ride it because if not we will lose the opportunity.

There is no guarantee in our investment but if you don't take a risk and just be scared there will also no guarantee with us to gain profit, so just choose yours if what you want.
311  Economy / Trading Discussion / Re: If they have the ability why would they sell? on: September 12, 2023, 01:12:35 AM
Just put your self on their shoes and think that why do they still manage a telegram group if they are earning enough in trading, and also doing monthly subscription to those members, it is really time consuming and for sure if you are already trading for long time you wont that kind of waste of time.

So meaning they are not profitable and they are asking money for others to earn more money. Though i dont see it as a scam but unless they arent teaching anyone like selling course that can help you then I would say it is just a scam.
312  Economy / Gambling discussion / Re: Betting Features on any Banking or Financial apps should be Removed on: September 11, 2023, 03:37:52 PM
I think these type of features are already banned in my country because whole betting is done by monopoly company. But I am not against it. Banks could partner with some legit gambling companies like stake to give, for example, bonus to their customers. This is good for both businesses. To open a bank account you already give your whole information so it would be far easy to start gambling that way. I think its nothing to worry as kids won't involve at all.

So it is like they are passing your banking personal information to a gambling platform once you sign up. This may be good for a gambler as it is less hassle and there is no KYC once it is done as you've already submitted the requirements to the bank, making it less of a scam, but the problem is that they are showing publicly that you can bet or that the menu is outstanding in the app, which can attract other people, even non-gamblers. I know it is a marketing strategy, but when it comes to gambling, the risks are huge because it can ruin people's lives.

No matter what, it is better to kind of separate it from the bank app to another app just to be safe, as there are tons of people that are using the bank app, which can trigger them. They are only thinking of the possibility that they can gain more profit from it and not that they are concerned about the people.
313  Economy / Economics / Re: To afford personal education or a property? Where to allocate funds? on: September 11, 2023, 01:30:50 PM
Personal financial education and personal  education are very important for person's life. If a some don't have knowledge, he cannot speak like a knowledgable person because knowledge is wealth. English speaking skill should be strong, if someone wants to be successful in life. Without communication skills, we cannot express our ideas. Financial education and skills give a path to be successful. Property investment is a good investment when you have money to invest. But when you have no money education is compulsory. And there is no alternative of personal education. Skills are very important in any field. Without skills, value of person is nothing.
Education needs to be given priority. As said if a person have got good education and he is knowledgeable, then he can go into property or any kind of investment. When he have limited money and he can't think of two things, then education needs to be picked. If property investment is picked one should be lucky to make big profit out of it. When invested on education, the learning will give him the understanding which property is worth investing. Education travels with you forever and it have got the ability to make you good personally as well as in professional life.

No matter what we look like, education is really the first stepping stone for us. Even before that, education is a must because that is where we learn how to read, right, and again to prepare us to work. But those people who venture out into business don't want to be slaves in 9 a.m. to 5 p.m. jobs, which is why they build their own businesses like real estate.

If we are talking about a start like you are 4 years old and you'll be choosing between this, then for sure you'll be choosing education, or you don't choose any as you don't know both of them, but you just like to go to school. But if you asked it on your bachelor's life, that is where it starts to complicate because others don't have degrees but become successful in life, but those kinds of people still return to school after they are already rich because they want to learn more. Education is really the tool if you are prepared enough.
314  Economy / Trading Discussion / Re: How to make a life by Day Trading on: September 11, 2023, 12:07:35 PM
Day trading is very interesting to do because it's one of the most convenient means some people finds so easy to use in trading especially when they are specialized on a day to day trading activities and want to realize some income from it, day trading must also be done with utmost care in other to avoid making unnecessary mistakes, we have to engage in the use of trading indicators to help us achieve the best and maximum degree of our expectations in trading each time we are doing it.
Most of the day traders lose.

Many are just optimistic with their experiences and despite that many of them are losing, they've got passion for what they do.

And that's why many day traders are also prioritizing just to have more in their portfolios.

There are traders who lose, but there are also traders who win. Most of my friends are day traders, but sometimes they do scalping. Most of them don't have one strategy because there are times when day trading is not going their way, which is why they will scalp on that day.

It really depends on the trader what he prefers, but most traders who make trading their side hustle do this because they don't need to keep watching the chart all the time, all they need is an hour or two on a day to plot their entry, but that doesn't mean that it is more profitable or has a higher winning percentage, it is just where they are comfortable.
315  Bitcoin / Bitcoin Discussion / Re: Bitcoin as good store for value on: September 11, 2023, 10:03:23 AM
A lot of people only think of how they can make money from bitcoin to become rich and this is all they can think about bitcoin.   Bitcoin can be as a store of value for all assets,  making every properties to remain valuable. Bitcoin is a digital property that can be bought without any other expenses attached to it unlike some physical properties expecially Real Estate that has other much expenses that is needed to be spent first before getting the main property, if one should consider to convert this property into another form it will take more expenses for it to get done.

Bitcoin is a store of value,  it can converted from one currency to another without losing any value.  Their are other physical form in which people can consider to be a better way to store their assets,  but getting it done it can take expenses that will make the asset lose value. The potential to make good gain out of an asset without losing its initial value proves the worth of the asset and this is exactly what bitcoin is as a good store of value .

Bitcoin is a very simple and hassle-free investment set, you buy it and then store it in your personal wallet without needing to provide a large space or levy storage taxes. Apart from that, the thing I really like about Bitcoin is its resistance to inflation. since the first Bitcoin when it made a splash and passed the price of $10,000, Bitcoin has been trusted by many investors to maintain the value of their money. Bitcoin cannot be manipulated by government policy, the current value of Bitcoin is a form of trust among many people.

As long as you are aiming for the long term, like holding for a few years, then it is really sure that you are earning profit, but for those who are just holding for a few months, they won't be getting any profit.

Your view really on Bitcoin is really straight towards investing, which again most of us are doing because of its value, but keep in mind that it has no guarantee that it will be at a high price in the next few years, and also that this is an investment, so there is risk involved. As long as we are just risking what we can afford to lose, then we are good.
316  Economy / Gambling discussion / Re: How will you feel if it happens to you just like this? on: September 11, 2023, 07:22:39 AM

Everyone has felt that way and some of them can still think that the unlucky moment that day was not lucky for them and there is no reason deep enough to think about it continuously. Be it those who bet on numbers or other gamblers such as slot players have also felt the same thing. Well, in essence, all forms of bad luck at this time must be forgotten as quickly as possible. Because professional gamblers often experience a level of disappointment with their decisions so it is no longer a new problem for them. Forget it and come back tomorrow with new thoughts so that the bets we place can restore a disappointment from the previous day.

If the game of the day in gambling was not lucky to you,you will feel like.It was unlucky day to you,but we can’t sure.If you are unlucky on that day,you friend also doesn’t have luck on that day.In the same day,your friend may win the jackpot and surprise you to share.He may win the jackpot in the few matches.So everything is depend on that day and on the luck of the player

There are times that you think you are very lucky on that day, but you turn out to be greedy and keep betting more because no one can stop you and you won't be losing. That is where you start betting bigger, and that is the time you'll lose one time that your winnings will be gone, and after that, you'll chase after them and end up losing more.
 
Be cautious always on what you are betting if you are now spending more than you used to, and it doesn't mean that if you are lucky on this day then you won't be losing; it is just getting the timing right that you bet big and lose it all.
317  Bitcoin / Bitcoin Discussion / Re: Owner of 8K bitcoin lost in landfill threatens to bankrupt local council on: September 11, 2023, 05:14:16 AM
If he manages to recover it for sure, it is already submerged in water, the soil is already inside, and rust takes place, which is impossible to recover no matter how much he pays to recover it. It is just funny, though, that it was his mistake, and now he is blaming others for not allowing him to check the landfill. For sure, he has been sleepless for a couple of months now, always thinking of it, which is just wasting his effort. It is better to move on right now and learn from those hard mistakes, we can't do anything now, and that bitcoin is already lost forever.
318  Economy / Economics / Re: What has really been behind china's economy on: September 11, 2023, 04:10:46 AM
Or it must be because they are claiming lands that aren't theirs? oops  Grin

Anyways, they are one of the biggest exporters of microchips, computers, and other materials that are used all over the world, so meaning of that, they are really earning hugely as most of the country gets those items to them, and also, as you can see, most of the cheap products or even the expensive ones are made in China, so they are really hustling hard in exporting.

The problem with other countries is that they are only relying on investors from other countries, and mostly they are prioritizing local, which is always good for citizens, but the income of the country is not great.

319  Economy / Gambling discussion / Re: FIBA Basketball World Cup 2023 - Betting and Discussions on: September 11, 2023, 02:20:15 AM
While he was still with the Lakers, he also did great but that didn't end well for the team. Maybe he can show better with his stay on the Raptors.
And this finals of the FIBA world cup sure was all unexpected. When everyone else has thought that it's gonna be other popular teams that will face each other, these two came out. Those who were able to bet on Germany and did a YOLO bet, well, you deserve it as well bettors as it's truly a gamble. And for those that bet for USA and Canada for the battle of the bronze, I am sure that many have lost.
The result between USA and Canada was really unexpected and yes, I'm part of those who lose the bet because USA didn't perform that well.
Canada did a great job on ever field and having a huge lead against USA is something that we didn't expect. Though rumors are saying that it was a fixed game so that Canada will get their first every podium finish in the FIBA, well no one knows.

I've seen a lot of people get lost in that match because they really thought that the USA would win the bronze, but it turns out nothing. USA is really the crowd favorite, but they just ran out of gas, and Dillon really had a great game that time. The ball is really in a circle, we really don't know who will win, but Canada really deserved the win.

The final game is really thrilling, and it is really a great match, and Germany deserved that win. We are just glad to host the Fiba, and we do hope that in the next Fiba it will be exciting the same as this, and I do hope that the team US will have the higher roster teams.
320  Bitcoin / Bitcoin Discussion / Re: presuring someone into Bitcoin investment on: September 11, 2023, 01:20:40 AM

Hidden motives!
I wonder if there are those out there that are doing their outmost to get people into picking bitcoin investments for trading purposes. That would be such a wrong move on there side and one that is mainly birth out of greed.
Just how do anyone do that?
Convincing a newbie to bitcoin or cryptocurrency to come take up cryptocurrency trading just so the invitee could get referrer bonuses and trade bonuses, that’s not being a good friend to such individual.

It takes a lot of energy in trying to convince someone. I think the best approach would always remain in you having to leave them to convince themselves. You can’t really convince someone who doesn’t think that which s/he is being introduced would benefit them. They have to convince themselves before you could win them over.

Still, it would be a good idea to jot over exaggerate things when trying to win them over.
When someone is trying so hard to sell you something, they usually have something to gain from doing so. We often blame crypto influencers for misleading their followers whereas regular bitcoiners like you and I do the same to their friends and families. It doesn’t always end well when you introduce a close friend or family member to investments, they somehow hold responsible for any loss they may incur because they feel it’s your fault they are losing money, these things can break a relationship and I don’t think it is worth it.
You are probably right, the relationships that we have built over the years with our loved ones and friends are at risk. I don't want to risk it. It’s better to let them find out for themselves on the Internet or on television (although I think they cover it from a negative point of view). And if after that they are interested in Bitcoin, then you can give neutral advice if they ask you. Or basic safety tips that beginners need at the beginning of their journey. I definitely would not give financial advice on the rise or fall of Bitcoin.

Real friends wouldn't be destroyed just because of money, but in this case, right now, most people have lost their minds when it comes to money. You are right that friendship or the relationship between them is at risk if something happens to their investment. Even though you know that it ain't your fault as it is their action, some people will still hold you accountable because they've lost their money because you persuaded them.

Right now, it is better to keep quiet, and if they ask you about it, just tell them to find it online and learn it. Only then can you have a proper conversation if they already know what Bitcoin really is and the purpose behind it.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 [16] 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 ... 344 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!