I wouldn't say that, some European countries may have the ability to afford multiple lockdowns, such as Germany, Austria, France and a few more. The majority of the EU countries do not though. Italy, Spain, Portugal, Greece and many more will have to go through intense austerity measures, after the pandemic ends.
EU nations should be fine, because most of the stimulus measures are being sponsored by the European Union (mainly with funding from richer nations such as Germany and France). And regarding countries such as Italy and Greece, they were in a bad economic condition even before the pandemic started and I don't expect that to change considerably in the near future. Austerity measures will be undertaken. There is no other choice. I can't speak for other countries, Greece however, was doing considerably better before the pandemic, with Tsipras as Prime Minister. The country's GDP free fall had stopped and the condition was a lot better. Greece exited the third memorandum in 2018. https://www.goldenvisa-greece.com/greece-exit-memorandum-invest/This, will radically change after the pandemic is over, we will probably have a 4th Economic Adjustment Program (Memorandum) to repay all the money that has been spent as income benefits due to Covid. That is great news, very well done Greece. It's good if the money can be repaid so fast. I have no idea how it is going to work in my country. The debt is going to rise substantially this year and next year. And after that I have no clue if its going to be repaid. Also more and more shops are closing down. It is hard to imagine how the economy is going to adapt to the new normal. I can't speak for other countries, Greece however, was doing considerably better before the pandemic, with Tsipras as Prime Minister. The country's GDP free fall had stopped and the condition was a lot better. Greece exited the third memorandum in 2018. https://www.goldenvisa-greece.com/greece-exit-memorandum-invest/This, will radically change after the pandemic is over, we will probably have a 4th Economic Adjustment Program (Memorandum) to repay all the money that has been spent as income benefits due to Covid. So that is good news for Greece. But personally, I am pained to see that those who caused the economic meltdown are happily enjoying their lives in London and other metro cities, while the ordinary citizens continue to suffer for these crimes. Billions of Euros in government funds were stolen and moved out of Greece and that was the reason why the country needed IMF bailouts. The Western nations punished ordinary Greek citizens for the government's inability to pay back debt. But at the same time, they gave refuge to the criminals who stole the money and moved to various Western nations. It was good news, in 2018. GDP is now again at a free-fall, even before the pandemic, blame the current Prime Minister Mitsotakis and the pandemic of course. On the other hand, when we're done with this situation, more austerity measures will be taken, it's highly likely that a 4th Memorandum is on its way, in order to repay all the money that has been given in income benefits, due to Covid-19.  |
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Fate is like destiny, it is inevitable to happen whatever you do. Unlike in gambling, when you lose control during losses and try to recover it then you will end up with more loss. Meanwhile when winning if you lose control, the house will get it back if you will get greedy. Fate has only one inevitable result while luck is either 50/50 of good or bad so I don't really relate fate in gambling. People often justify that it is their fate to lose in gambling to lessen the pain.
Actually, in games based 100% on luck almost everyone is destined to lose then, because you can't defeat the house on long run with less winning chances than the casino. Since the gambler has 2% or 1,5% less winning chances than the house, the long run loss is inevitable. Very few players are able to overcome the natural *fate* of gamblers by hitting the jackpot on short run, but these are very few exceptions. If there's no way to defeat the house edge then we are really destined to lose and just relying on our luck? I think its not often the case. Well in dice I believe its more on luck. Based on my experience, regardless of what strategy I use, the outcome will only rely on how lucky you are on that particular moment. But there are games wherein knowledge and strategy are necessary to win just like in sports betting. In dice you can beat the house, but on short run, with high multiplier (small winning chance per bet, but with huge prize). However, even playing smart, most gamblers will still lose, because most of them will take too long to hit the prize, spending more money towards the goal than the desired prize itself. Another option is to play less bets as possible, but betting high. In sports generally, as you said, there are attributes besides luck which make the difference, but still most gamblers lose on long run.  After all, the winners and casino's profit has to come from somewhere. High risk, high rewards. I think that the concept of gambling is purely based on us losing. You lose a large bet, you get emotional and bet again, and again and again. You'll end up losing more in the long run than you can earn. I don't believe in fate, most gambling games, such as Dice, slots and so on, are purely based on luck and the law of averages. Gambling can be controlled, but it's highly addictive, you may win once and become overconfident, then your bad luck and greediness kicks in, and you lose everything in the process. |
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You can give him a suggestion to search for the coin, but you can remind him that no one will know what coins will pump in the coming days because the market will always be volatile. Perhaps you can suggest that he take a look at bitcoin and tell him to invest in bitcoin and not invest in altcoin before he research to find the coin.
You can teach him to find the coin with good moves, but I guess that will not easy as you need to analyze one by one of the coins and that will need time to get the coin. The other suggestion will be not using too big money in the beginning as he needs to learn more about investing or trading in the crypto market and make him familiar with the movements of the market.
I do not think that even advising to research is a good thing because they will put you on pressure when they do a bad research and buy a bad coin. I have faced with such things before in my life. How? Well, someone asked me to invest into crypto for them, I declined, they asked me to tell them a coin, so I declined, and they told me what to do and I told them to invest into anything they think will go up and not what I think will go up. They went ahead and researched and lost money and told me "this crypto is a scam, I got into it and lost all my money" like I was responsible for that, and we all know it is not a scam as well. This was 2018 of course, these days whoever puts money into crypto ends up making a profit unless they are doing high leverage deals, if you just straight up bought something, unless you bought at upmost peak, you made a profit, and even if you bought at recent ATH, you are not down too much. Perhaps, that will depend on each person if they want to invest in crypto. But most people will think that they will follow what other people suggest without thinking about research more to find the coins. I think they are too lazy to research and learn more about analyzing the market, and they think that they can let other people analyze, and they only need to follow. That is totally wrong if they do that because they can lose their money, and it will be hard to recover the losses if they still do the same thing. I think we will see what happened in 2018 again in the future and if that really happens and we want to advise someone to join in the crypto, we must remind them about the risk that can come, and we can teach them about how to deal with the risk. Definitely, if they are insisting, there isn't much you can do to avoid them. Their fault if they kept insisting/bugging you while you actually persuaded them not to. Doing your own research isn't an easy thing, and can also sometimes fail too, thus, people are turning to more "experienced" investors in an effort to maximize their earnings/minimize their losses. I had a few friends who wanted to get into crypto, taught them the basics and only specified which options seem safer, such as Bitcoin or Litecoin, but the risk is always there. There's no such thing about being safe yet risk would always lies ahead which is the reality and i wont really be giving out some sweet words if you do explain to someone about crypto investment. Always go with those caution and warnings so that they would be initially aware on what are the things that they can possibly face off once they had set their foot into this market. This isnt something that you cant just play carelessly because if you do then losses would really be just the next course or experience you would able to take. Make them realize but telling up the basics isnt a bad thing for you to do so. A friend of mine introduced me to yield mining, somewhere in mid-February. I was skeptical at first but decided to deposit some money, approximately $200. I saw that it was working quite well and then proceed to deposit more cash, investing almost $2.000 in total. Furthermore, I made a decent profit from that investment, with a total yield of $1.000 within 2-3 weeks at best. Not long ago, the daily yield starting going bad, so I withdrew all my money and put them aside. Then my friend recommended investing in another vault, did my research and after a while I did. Guess what, it crashed like a plane and right now, I'm losing money. Of course, he is not to blame, I decided to withdraw my mine in the first place but was already looking for another investment opportunity, even if he hadn't recommended me that one, I might have still put my money there, despite him telling me. |
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You can give him a suggestion to search for the coin, but you can remind him that no one will know what coins will pump in the coming days because the market will always be volatile. Perhaps you can suggest that he take a look at bitcoin and tell him to invest in bitcoin and not invest in altcoin before he research to find the coin.
You can teach him to find the coin with good moves, but I guess that will not easy as you need to analyze one by one of the coins and that will need time to get the coin. The other suggestion will be not using too big money in the beginning as he needs to learn more about investing or trading in the crypto market and make him familiar with the movements of the market.
I do not think that even advising to research is a good thing because they will put you on pressure when they do a bad research and buy a bad coin. I have faced with such things before in my life. How? Well, someone asked me to invest into crypto for them, I declined, they asked me to tell them a coin, so I declined, and they told me what to do and I told them to invest into anything they think will go up and not what I think will go up. They went ahead and researched and lost money and told me "this crypto is a scam, I got into it and lost all my money" like I was responsible for that, and we all know it is not a scam as well. This was 2018 of course, these days whoever puts money into crypto ends up making a profit unless they are doing high leverage deals, if you just straight up bought something, unless you bought at upmost peak, you made a profit, and even if you bought at recent ATH, you are not down too much. Perhaps, that will depend on each person if they want to invest in crypto. But most people will think that they will follow what other people suggest without thinking about research more to find the coins. I think they are too lazy to research and learn more about analyzing the market, and they think that they can let other people analyze, and they only need to follow. That is totally wrong if they do that because they can lose their money, and it will be hard to recover the losses if they still do the same thing. I think we will see what happened in 2018 again in the future and if that really happens and we want to advise someone to join in the crypto, we must remind them about the risk that can come, and we can teach them about how to deal with the risk. Definitely, if they are insisting, there isn't much you can do to avoid them. Their fault if they kept insisting/bugging you while you actually persuaded them not to. Doing your own research isn't an easy thing, and can also sometimes fail too, thus, people are turning to more "experienced" investors in an effort to maximize their earnings/minimize their losses. I had a few friends who wanted to get into crypto, taught them the basics and only specified which options seem safer, such as Bitcoin or Litecoin, but the risk is always there. |
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Those who gample with signature rewards, have you ever managed to multiply several times your weekly reward or win huge? And those who have chosen “gamble”, do you gamble on same platform you promote or transfer rewards to a different site? My signature offer only plinko game, but I’m more “mines”/betting guy, and lazy to transfer rewards  That is why I hold. I'm rather conservative when it comes to gambling, as I've previously mentioned, I only gamble a small percentage of my earnings. So far, I haven't lost any money during my gambling "career" but however, I haven't earned any significant amount either. Thus, the answer is no, I haven't managed to multiply my rewards due to me being reserved. |
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I just want to share my experience, I have a relative who come to me and ask advise on what coins to invest now, I don't name a coin and I said he must do his research but he insist that I know, he want to invest immediately.
I know he is into FOMO because he seems so aggressive and like to get instant return.
He told me that since I'm a veteran, he would like to ask some advise on what coins will pump in the coming days so he can invest on it.
I don't see any issue at all if he insists on asking what coin to invest, then give him the top 5 coins on the market to invest, because these are the coins that are guaranteed to make the most profit, and there's always liquidity, he can always sell his coins if he decides to sell it and invest on other coins or from other reasons, there are trap on FOMO make him understand the many risks of investing in the Cryptocurrency market. It is generally recommended to not give out financial advice, since you cannot be exactly sure on the outcome of your investment. Mentioning five coins isn't ideal either. There are more than a few examples of coins that have crashed and are yet to recover where they used to be (See XRP). I don't know if it's just me, but I prefer not to provide anyone with such information, I've had incidents of being whined about Bitcoin or Litecoin in market dumps. I can't be responsible for their own moves, not my fault if you buy in ATH and then proceed to panic sell, but I don't want to get bothered or whined when something happens. |
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User: jesselui
Position to Apply: Full member
Posts Start: 1049
Address: 1Apcinn2CQGvyuABqSpULfKKGr5DA2DL4C
Hello, although there is a suitable place on the list, I have not been listed yet. Can I find out why? You do not have enough merit to participate in this campaign. There's a minimum requirement of 5 earned merit the past 120 days. I guess that's the main reason you're not accepted. |
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The more we gamble the more experience we gain and the chances of hitting big multipliers increase at the same time. Faith or not, what matters is being lucky player in casino, otherwise, no matter how we improve money management and strategies. Addiction forces us to gamble more, I personally prefer to hit big once and quit gambling.
How has experience have to do with Dice? Such a game is pure luck and can hardly ever be predicted. I've even lost a bet while betting with 95% chance. Unless you mean experience in controlling yourself of not letting go by your emotions, then I did not understand what you said correctly. I do not really believe in strategies over these games, from my point of view, it's solely based on luck. |
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Well you just missed the dip, it was only $53000 as lowest and nnow it starting to bounce back to $58k again, currently it's still $55.5k for each bitcoin. Just buy with small amount the dip until it recovered, if it's falling deeper , you can always buy again with small amount again
Pretty good technique for accumulation making sure not missing any dips. Nevertheless, If Btc breaks the $53,000 support there's no guarantee that It will fall below the $40,000 level. If you have a good amount of capital, I guess $55,000 would be enough to get good profit once the bullrun proceeds. However, this week might be good for accumulation since the price action suggest a correction. OP suggests that it can have an even greater fall the next few days. Let's keep in mind that a similar incident occurred not long ago, with Bitcoin losing ground from $50.000 and suddenly reaching $44.000. We should be cautious about any moves we make now, observing the charts and the situation is best for now, before making any irrational decisions. |
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That's true, most people aren't interested in learning, they just want to make a few bucks, quick and easy, hassle-free. The Ponzi scheme is extremely popular because it offers high returns, in a short period. I've studied some basics of cryptocurrency and Bitcoin, I'm no expert of course, just another newbie. Knowing the basics of Blockchain and Cryptocurrency is fundamental knowledge nowadays, everyone who is into this sector must have some knowledge regarding this subject. I've also created a similar thread with some related courses, if you'd like to include them in your thread. Could be useful in the long run. https://bitcointalk.org/index.php?topic=5313408.msg56229560#msg56229560 |
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I wouldn't say that, some European countries may have the ability to afford multiple lockdowns, such as Germany, Austria, France and a few more. The majority of the EU countries do not though. Italy, Spain, Portugal, Greece and many more will have to go through intense austerity measures, after the pandemic ends.
EU nations should be fine, because most of the stimulus measures are being sponsored by the European Union (mainly with funding from richer nations such as Germany and France). And regarding countries such as Italy and Greece, they were in a bad economic condition even before the pandemic started and I don't expect that to change considerably in the near future. Austerity measures will be undertaken. There is no other choice. I can't speak for other countries, Greece however, was doing considerably better before the pandemic, with Tsipras as Prime Minister. The country's GDP free fall had stopped and the condition was a lot better. Greece exited the third memorandum in 2018. https://www.goldenvisa-greece.com/greece-exit-memorandum-invest/This, will radically change after the pandemic is over, we will probably have a 4th Economic Adjustment Program (Memorandum) to repay all the money that has been spent as income benefits due to Covid. |
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It has been about a year since the COVID-19 pandemic is still running, and there is no sign that this pandemic is coming to an end. Already many
people are frustrated and stressed by the current conditions, because it must be admitted that it is very difficult to find a job in a situation like now.
Even in some countries the number of poor people continues to increase, this is truly catastrophic. Therefore, it is very fortunate for people who
are familiar with Bitcoin, because Bitcoin can be an alternative source of income in a situation like now.
Actually rather than getting contained, the pandemic is getting even worse. Yesterday I read a news article, that claimed that the new strain that was found in Brazil can infect even those who have been vaccinated against COVID 19. If this is true, then we will be in big trouble. Right now there are a lot of expectation from the vaccination program, and it is one of the reasons behind the recent dip in deaths reported from some of the countries, such as the United Kingdom and Israel. We're actually screwed if this is true, that will require a reformation of current vaccines to adapt to the new strains, plus new vaccinations from scratch. There are a lot of rumors about new strains being discovered quite often, which is quite worrisome. It looks like a never ending nightmare. most of the European countries are undergoing a hard lockdown by local governments in my opinion unjustified, where I am we are already in the third wave of the virus the infections alternate between many and few therefore red zone until the best situation, who had a precarious work now has to deal with poverty
European countries can afford multiple phases of lockdowns because the governments have enough cash at hand to compensate the workers and the businesses. But that is not the case in developed nations such as India and Pakistan. According to the Pew Research Center, the number of poor people increased by almost 100% in India, as a result of the pandemic in just 12 months of 2020-21. I wouldn't say that, some European countries may have the ability to afford multiple lockdowns, such as Germany, Austria, France and a few more. The majority of the EU countries do not though. Italy, Spain, Portugal, Greece and many more will have to go through intense austerity measures, after the pandemic ends. |
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Just tell him about "Bitcoin" and just tagging some reminders that profits arent guaranteed so there's a possibility of money.
Dont explain like he would really be making up some bucks so that she wont blame you if the market turns out to be bad.Just like on my case where my friends and colleagues ask out about crypto
since they've been seeing me with some progress in life in terms of financial.They didnt know on what are the challenges and hardships that i pass through before i able to reach this state.
Its never been an easy thing and they would surely experience it for sure.
Probably one of the best options if you can't really avoid them. Make sure you don't mention any success stories, because chances are they'll become overconfident. Warn them about the risks and don't dig in too much details on what to buy or not. |
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The population is getting tired of the lockdown measures, so am I, but there's nothing else that can be done at this point. We need to be patient. In my opinion, what you described has led to a respectively large amount of deaths and cases. Especially deriving from schools, younger children can easily pass the disease to their parents/grandparents, with a cluster of cases starting from there.
Among the young people, the mortality rate from COVID 19 is very low (around 0.1% to 0.2%), and therefore they are quite careless as far as protective mechanisms are concerned. Even in my country, I have seen a lot of youngsters roaming around without face masks. But they need to remember that they are not immune to the virus. There have been deaths among the younger people as well (although in smaller numbers). The mortality rate among the young isn't the main concern here, it's definitely not insignificant, but that's not our main issue here. The main concern is that younger people are contributing to the wide transmission, thus leading to a cluster of both cases and deaths (especially the elderly) |
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On the one hand, it is clear that people are already beginning to lose patience, money, and standard of living due to the ongoing lockdowns, not fully understood stories with vaccination and the vaccines themselves. On the other hand, the pandemic has not yet receded much, and indeed the population should show patience and endurance in the face of the challenges that have come. The main reason for all the restrictions imposed is not the high contagion of the virus, but more severe consequences for health and, most importantly, for people's lives.
Already one year has passed and there is no end in sight for this pandemic. The vaccination program is also going forward at a very slow pace in most of the countries (with a few exceptions such as Israel, Seychelles and the United Kingdom). Some people (especially those in their teens and 20s) are losing their patience and going out despite the obvious risks. The problem is that these youngsters will get themselves infected and then pass on the virus to their elderly relatives. The population is getting tired of the lockdown measures, so am I, but there's nothing else that can be done at this point. We need to be patient. In my opinion, what you described has led to a respectively large amount of deaths and cases. Especially deriving from schools, younger children can easily pass the disease to their parents/grandparents, with a cluster of cases starting from there. |
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Religion doesn't exactly inspire people to be logical about things, in fact it's entirely built on suspending rationale thought and just believing in things whether or not they're true. It's the perfect example of how not to behave when lives are on the line. But I will say it's perfectly on brand for religious folks to get angry or even violently upset over someone else not believing what they believe.
I would agree. At least as far as the COVID 19 pandemic is concerned, many of the organized religions had a negative impact on the containment efforts. From Brazil to Philippines, we are hearing stories about clerics asking their followers to ignore social distancing and refuse vaccination. Without these unnecessary interventions from the religious groups, the death toll from COVID 19 would have been much lower. Such events have also happened here, many priests advised against the usage of masks, vaccines and any measures to tackle the transmission. Let's not mention that some churches completely ignored any taken measures and filled the churches with masses of people with little action taken against them. Especially the elderly won't give up on going to the church easily. It's funny, you can shop online, work online, sign paperwork and so on, but these people can't stay at home and pray, while remaining in the safety of their own home. |
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I'm not from the UK, however I was also against them leaving the European Union. They are on their own now, simple things such as ordering from an online store isn't possible now, due to high import taxes.
I used to buy quite a lot of stuff from Amazon.co.uk or other websites (used to order cycling/sport equipment) and have honestly spent a large sum of money in the UK market. Although, now with Brexit, I won't order anything again due to import taxes that have been imposed, it's just easier to purchase from German or French e-shops.
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We're going through a similar phase, some response measures were eased in late December/January, which included the full reopening of all retail shops and even the allowance of churches during Christmas. Along with the overcrowded classrooms of schools, it led to a backfire of the pandemic in the country.
All of this happened because the government was pursuing to cut down on Covid-19 benefits for employees/shops etc and have now resulted in a third wave of the epidemic, with the country being in the worst position it has ever been.
I don't understand the point in reopening churches and schools when the services can be conducted online. I am in favor of reopening the essential services such as retail shops, but there is no need to permit churches to reopen. But I can understand the situation in developing nations, where churches make most of the policy decisions and retain a disproportionate influence on the government. Religion doesn't exactly inspire people to be logical about things, in fact it's entirely built on suspending rationale thought and just believing in things whether or not they're true. It's the perfect example of how not to behave when lives are on the line. But I will say it's perfectly on brand for religious folks to get angry or even violently upset over someone else not believing what they believe. I've seen that happen quite often, religious people get way too offended if you're against something they believe in. I know people that in the peak of the pandemic, were visiting churches to receive communion. What a dumb attitude to have during a dire situation we live in, I hope their God saves them when they need an ICU bed. |
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This is the most amazing picture I have ever seen. How beautifully elaborated all major mistakes within few words
Since it's not you who has made this picture, I strongly recommend you add the source. It looks to be from Binance, I don't know if it's the website or the twitter or whatever. ...And get used to always post the source of whatever you copy from others. I agree, it should be mentioned that it's taken from the Binance exchange. Apart from the posted photo, Binance offers quite a few guides and information and tips on how to trade and get started. It's the only exchange I've seen doing it. |
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You are underestimating BTC. I don't think it is losing popularity on the other hand I feel it is gaining popularity day by day even ordinary peoples also taking interest in Bitcoin. Mark my words it's not late yet if you have spare funds. After 2-3 years even you would say the same thing If you bought that time when Btc was 60K, You would be in good profit. If your planning is long-term then you can still buy but small investors are focusing on altcoins that are affordable to buy.
I can't say I disagree. Bitcoin has been posted everywhere, after breaking consecutively records, reaching new all-time high multiple times within a few months. Bitcoin is in the spotlight of cryptocurrency news, due to its high price levels that have been achieved during the last few months. |
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