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3081  Bitcoin / Bitcoin Discussion / Re: With all your assets, Investing in Bitcoin is really a madness or beneficial ? on: August 22, 2021, 11:15:45 PM
With all of my assets? There is no way that I'm doing such thing. It's just madness, trust me. We always say that you should make an investment which you can afford only. You shouldn't be too unhappy if you lose your money. That's what I mean by saying that you can afford. If you invest all your funds into Bitcoin and it starts going down sharply, you will lose incredible amount of money. Trust me, it is not worth taking this insane risk.
Investing in bitcoin  is risky even with a small amount so how much more if you will sell all of your assets for bitcoin. This must have been a big decision making as it will leave your family into hunger once this investment will not work. So i suggest to invest only on your extra money so you won't have to worry much once your investment will suddenly fall. It's okay if you just buy a portion of bitcoin and once you  make profits from it, increase your funds for your bitcoin allocation.

Perhaps the US family might have been living in luxury right now after they made huge profits from bitcoin. But i can't imagine if their decision ends up into failure, they might blame bitcoin for all of their losses and sacrifices. That's the time that i should want to avoid as much as i can.
3082  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Cryptocurrency is not Legalized Despite the Many Benefits on: August 22, 2021, 09:37:32 PM
Blockchain is like a double-edged sword. although there are benefits, but it is very difficult to control. this is the reason why many countries are reluctant to legalize it. decentralization can destabilize the country, it can undermine the current financial system. maybe freedom is good, but the government doesn't like that. they are more interested in a system that can be monitored and controlled. The biggest reason a country rejects crypto is the decentralization and anonymity that comes with crypto.
The reason why it can't be illegal is the fact that... who is doing the illegal thing here? There is nobody at the top and there is no central organization that controls it. That is the good part about being decentralized, governments can't put the blame on any single person. Look at what happened to XRP, look at USDT, those all have central organizations that are running the currency, but bitcoin is not like that, it is purely decentralized.

So if you want to make something illegal, you make it illegal for everyone who holds any bitcoin or trades it, some nations tried to do that, but you are banning it from everyone and not just doing it for one company. This is why it is so hard to ban crypto as a whole, even if it is illegal in a nation, people just go with the p2p route and trade their coins that way hiding it from the government and still continue the operations, which is why it is hopeless case for governments.
Whatever banning made by the government, it won't create a huge impact on bitcoin anymore because its users will continue to access it in every possible way. This is the great advantage of being decentralized as it does not allow any entity or group to control it, while fiat is centralized in nature so the government has all the support on it. With bitcoin, the government believes its illegal so there's no way that it can be legalized.

However, every government differs in its leadership. And bitcoin creates more positive impact to those who believe in its potentials like young generations do. So we might expect that if a leader of a certain country is more open to new innovations, then bitcoin will always be legalized just like what El Salvador has did.
3083  Alternate cryptocurrencies / Altcoin Discussion / Re: Patience is important on: August 22, 2021, 09:13:36 PM
I really agree that Patience is very important in investing in crypto, because it really determines success in trading, all coins in crypto are volatile, so the price is very uncertain, if we are in a hurry to make decisions, then we will regret it later.
The crypto market is full of uncertainties so we need to be more definite in our decision making and the moment we start investing, then make sure to invest only on the amount we can afford to lose. Whether the market will crash in the next days, then there's nothing to worry because we still have fiat left ready to backed up.

I think every investment is not risk free so we need to be more patient and flexible on the outcome of our investments. As long as we know the basics in crypto, buy the dip and sell when the price is at peak, then we will never be in a huge loss. I think it's more of being patient enough and being not greedy to all our investments particularly in times of buying and selling our coins will make us more profitable. I believe success only comes those who patiently wait.
3084  Economy / Gambling discussion / Re: {Boxing} Manny Pacquiao vs Yordenis Ugas on: August 22, 2021, 01:09:06 PM
After this fight, I regret even more about canceling the fight with Spence - I was going to bet on Spence and obviously I would have won. I did not dare to bet on Ugas, although the odds for his victory were attractive. I think the result of this fight is another confirmation that the bookmakers are trying to catch the mood of the crowd and squeeze out the odds according to this, and not according to the real forces of the opponents. The odds on both of Pacquiao's opponents were seriously overestimated and it was profitable to bet on them.
Do you think you would have won? Manny was training for Spence and while I do think Manny should have beaten Ugas even with short notice because he is one of the most talented boxers around I do think Manny would have beaten Spence because he was already training for him and it is clear that he still has the skills. I do not think Manny lost this fight because it was short notice at least that being the sole reason I think it was a combination of taking it on short notice and not being able to train for his opponent and him getting older and slowing down in the later rounds. I think if he was fighting Spence he would have known when to engage and would have saved energy then his age would not play such a big part in the fight like it did yesterday.

Yes, I'm sure I would have won. For Ugas, this was also an unexpected fight and he was able to prepare in a short time and win as few expected - on points, it turns out that he was able to outbox Pacquiao. Taking into account that Spes was also preparing for Pacquiao, then the fight with Spence would not have been easier for Pacquiao at all, but more difficult - due to the fact that Spence is in his prime.

Maybe we will not be able to see Pacquiao fight again, with his performance in this fight, there's no doubt that his body cannot take heavier punches anymore, and this is a great win by Ugas as he now has a chance to fight the best in the Division, who knows, we might see an Ugas vs Crawford fight, that would be interesting to watch.
3085  Economy / Gambling discussion / Re: Sports Betting Or Gambling ? on: August 22, 2021, 12:46:08 PM
Maybe OP meant gambling are games like dice which are based on luck, for me, sports betting is not purely based on luck, you can use your skills here, so I will go for sports betting than any other type of game. However, we have to understand it has the same risk of losing our money, so we still have to make the right strategy and understand the basics of gambling which is the risk and reward.
3086  Bitcoin / Bitcoin Discussion / Re: Bitcoin ban, mission impossible on: August 21, 2021, 11:28:58 PM
Many countries around the world have risen up to ban Bitcoin, even though those countries have declared Bitcoin illegal, but it is not at all possible to ban its use from the people of those countries. So It is not possible to destroy Bitcoin at all.
Banning bitcoin is already common to such countries who have taken strict restrictions for bitcoin just like India and US but it will only end there. Destroying bitcoin will never be possible as long as there are still citizens who are still investing and utilizing bitcoin and continue to access it despite of the government's strong opposition.

And now that even progressive countries are already planning to adopt bitcoin, so it will be too hard already to destruct it. Buying and selling bitcoin will never stop since more and more people have discovered the potentials of bitcoin and how it will be very beneficial to improve one's economy.
3087  Alternate cryptocurrencies / Altcoin Discussion / Re: altcoins on: August 21, 2021, 10:55:57 PM
i am new in crypto world and i don't have much information about altcoins and gem hidden coins can any one tell me the difference between altcoins and gem coins and how can i find the real coin for investment?
When it comes to finding gem coins, you need to make sure that you are well knowledgeable about the current market situation. In order for you to find out the best coins at the moment, you need to first analyze how the market is going. Obviously, bitcoin is at the top and it is one of the most desirable coin to invest with but there are still other coins you can invest to. You can diversify your investment on it, on altcoins that has the potential of becoming successful. Make sure you spare some time to speculate other coins other than bitcoin because bitcoin is not always rising but some altcoin usually does.
Altcoins will always be good alternatives for bitcoin but it does not mean that all of them have all the potentials to become profitable. Atleast you should learn to find those gems out from those thousands of altcoins in circulation.

And yes, you should have more knowledge on the background of altcoins so you won't come up investing in those altcoins with low potentials because it will always be a waste of time and money. Altcoins are even considered more promising than bitcoin, it's just that since a lot of scam projects have been arising and are bringing with them their worthless tokens.
3088  Economy / Economics / Re: Die today, Die tommorrow, the same dying! still get vaccinated! on: August 21, 2021, 10:10:38 PM
We all have different decisions made this year and even the start of the pandemic. Some people don't want to get vaccinated and some want to get vaccinated. Take a look at the latest replies and we all know the reasons why. Some may say that getting vaccinated is a must to help fight the virus but as you can see some survived not because of the vaccine. Honestly, some government officials even take advantage of this situation where they get funds for the vaccine for those who want to get vaccine and yet they made it into business where the vaccine is sold even if it is from the government and it is for free, it is indeed a harsh reality but whatever happen let's face it in good faith if we die today or die tomorrow.
I have a slightly different opinion about this.

People who wish to get vaccinated shall not be told by others not to do so because we all live in democracy and must take our own decision whether we want to get vaccinated or not.

That said, I respect and fully understand why some don't want to get vaccinated. We must not force our decision onto someone else because there's no guarantee what we think is correct. It's about perception and people should take their own decision and government must respect that.
In my country, everyone is encourage to get vaccinated but we are not force to do it if we are in doubt. I think it's the most important thing. As long as we know already our obligation and we are doing those health protocols, then even if you don't want to get vaccinated, you will be respected. I myself is not vaccinated yet because i have to think it a hundred times since i have comorbidity. And because once its done, it will never be undone. The effects of the vaccine will definitely be absorbed by your whole body.

But i'm definitely against with those people who are discouraging others from getting the vaccine. It's not proper. Everyone's decision should be given high priority about this.
3089  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Long Term Investment Suggestion on: August 21, 2021, 09:47:56 PM
This is such a good question, I also wonder about what is the best coins to hold as a long term investment. For now I've already had ethereum, bnb, and also arpa. I believe these three coins are good to hold as a long term invest but for other coins I think I also need advice.
When it comes to long term investments the first coin that should come to the mind of everyone is bitcoin, there are some people that do not want to invest in bitcoin because they see how expensive it is and they think the chance that they have to make profits is very low, however they do not really understand that the price of bitcoin can increase dramatically during the next years and you do not want to miss that opportunity just because you thought it was too expensive, the coins that you mention have some decent odds of becoming profitable as well during that time but if you want to be completely sure of that happening then pick bitcoin.
Ethereum and bnb are definitely good choices but you should always give priority to bitcoin because it will always be the king of crypto and the most trusted and profitable crypto coin not just for short term but definitely for long term investments as well. But if you want to make sure of it then DYOR. It will always be the answer so you can come up with a good analysis that will help you decide which will perfectly fit for long term investments.

However, do not expect for quick profits everytime you invest because that won't really happen. Everything comes from long day's hard work and patience. And if you want to make huge returns, buy them when there is a dip and sell when the price is in peak.
3090  Bitcoin / Bitcoin Discussion / Re: Why are some individuals hostile to Bitcoin? on: August 21, 2021, 09:13:14 PM
- they don't understand it
- they have read so many confusing side of btc online that aren't true
- they are once a victim of scam,
- they have relatives/friends who have been a victim
- they are naturally hostile in nature  Wink
one of the above must have occurred for anyone to be hostile towards btc, that's why it is always good to do one's own research and not rely on what you read or hear, if i had followed what i read, i won't be in crypto today, it is always good to learn.

These are commonly the very reason why people project hostility towards bitcoin. And I must say that there will always be people that will be unhappy about something even if the world is happy about it, more so if they have bad experience with it. We really just have to face the fact that many are still not in favor of crypto even at this modern era, and many will say bad things about it just to discourage everyone else from patronizing it.

I think I would add to the list that they feel like they ultimately have missed the boat and are now really hoping that Bitcoin is going to fail because it is a pain in the ass to see someone else making a ton of money with it. I still know about friends who are into finance and could really have a relatively easy time to understand it, but still they refuse to do so. When I ask them whether they read a single good book about it, nope. Who cares though right? Let them do their thing.
Right. Just leave them with all their negativities and let them see us how we get progress from bitcoin. I think most of them are not in favor of crypto because they just can't believe how bitcoin had changed so much lives in just a decade. While them are still left struggling to make huge profits on what they believe can give them.

Some of those individuals are very hostile to bitcoin not just because they have missed the boat but maybe they are just still in regrets maybe due to some bad experiences that they had with bitcoin but i think it's not a big reason not to move on. We all had made losses in bitcoin but we still believe in it and so we had made it to the top, unlike them who just easily quit and find themselves missed another golden opportunity.
3091  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Crash or new sunrise of crypto on: August 21, 2021, 08:41:17 PM
Best thing you can do is take advantage of the situation regardless, rash or new surprise don't matter so long as you can recognise opportunity and utilise it, market don't always go as people predict, the more reason why one need to take advantage,  it is had to predict the market, anything can happen, see btc now trading 49k which would have appear to be an impossible to achieve. Just learn to remain calm.

I think better enjoy the current price with btc reaching $48,895 than thinking of a crash or any price correction that is so hard to predict and might come when we least expect it. The crypto market is full of surprises so we must take advantage of the present price before it suddenly dump. If we think that we are already in profits, then sell your btc with your target price and try to buy another coins who are still in cheap price today.

The best decision will still be coming to you regardless of whatever the market is going through, For now, all i can say is that the market is very stable and the prices of crypto coins are definitely going upward. So don't worry if the market value suddenly decline, because it will gradually recover soon. What's best important is that you have your fiat ready to backed up when the market will suddenly crash. 
3092  Bitcoin / Bitcoin Discussion / Re: What hatred do people have for Bitcoin? on: August 20, 2021, 11:28:34 PM
I'm not surprised there are still some humans  who hate bitcoin with passion, they are probably angry because they didn't get in early and now it's quite expensive and they feel they are too late, David should learn from Peter schiff after all the hype saying investing in gold was better than investing in bitcoin, gold declined some much about a few weeks ago while bitcoin has been pumping, now peter he has eaten his own words, whether you like bitcoin or not very soon when David finds out he can't he can't beat bitcoiners I believe he will join like the saying "if you can't beat them join them".
People who chose to hate bitcoin will stay haters as long as they want to. But it won't stop bitcoin from growing throughout the years. And in fact, the more they post about their hatred towards bitcoin, the more people will be able to read and gets curious about it. So its even making an advertisement especially to those who don't even know bitcoin yet.

Yes, no matter what's their reasons, they can't beat bitcoin so better just join the team. They might still make profits this time if they can make it. It's only a matter of time  to start loving the thing that you used to hate because there is really no room for hatred so just chose positivity and it might attract profits from then.
3093  Economy / Economics / Re: Would you be able to take an additional work if required? on: August 20, 2021, 11:06:18 PM
It is not really about the nation you are living in, it is about the skills you have. There are some coders in the world who are working freelance on many many different projects at the same time and making a great amount of money as well.

I would understand that it would be quite impossible for many people to do that because we lack the skills, but for example I could technically find other jobs to do as a freelancer myself (writer), however I just do not have the time for it so I do not even look for them, I am barely keeping up with the current work let alone get another one, but technically speaking for someone else it is possible to find 3-4 different jobs. So what this means is, in this day and age, do not learn a skill that can't be turn into digital work, it just doesn't make sense at all. Find a job where you can do remotely from your PC and get real good at it and build a great resume and portfolio to show others and get jobs.
With the digital age right now, all jobs will always be connected online so if we have skills that are in demand online, i think we should grab it by now. The pandemic will still continue so if possible, we should learn multi tasking so we can also generate profits from a lot of sources.

I think landing in 3-4 jobs will only be possible if you have enough time to do them and you have all the good resources needed to make your job be profitable. If not, better focus on the one that gives you stable income that can cater to all your family's needs.
3094  Alternate cryptocurrencies / Speculation (Altcoins) / Re: SCAMMERS NEVER GET TIRED on: August 20, 2021, 10:36:33 PM
They will never get tired because they know there are still a lot of uneducated investors in the market. It will always depend on us, if we will educate ourselves before investing, then eventually these scammers will get out because they know they cannot scam people since we already know how to spot the difference between a scam and legit.

I'm not saying I'm good but I learn from my experience as I have been scammed in the past.
True. Scammers will always find ways to steal money from innocent people because that's their job and that will make them satisfied leaving their victims empty pocket.

I think it's really a must once we are into investing, then we should always  be careful and cautious in every actions we take so as not to leave suspicious motives to the scammers. I believe scamming will only be stop or even minimized once we get educated about investments.

3095  Alternate cryptocurrencies / Altcoin Discussion / Re: share your profitability skills or some reminder on: August 20, 2021, 02:24:36 PM
For the same altcoin, some people make huge profits while some make a loss. So can you share your profitability skills? Or some reminder to avoid losses?
To avoid losses, don't invest in altcoins that you don't know. It is the first thing that you have to remember because if you do random investments with altcoins that you don't know, you're close to losing it because you didn't do your research. As for profitable skills, what you need to gain is experience. And for the reminder, do not be too hyped when there are altcoins that are pumping, you have you only buy when you see the dip and don't be with them and get FOMOed.
Exactly. Know your investments very well particularly on the altcoins where you invest your money. Altcoins are more risky to invest so as much as possible invest on the altcoins that have high potentials to stay long in the market. And the fact that altcoins just easily pump and dump especially if they are influence with some big whales or even big events in social media, then you should know when will the best entry and the best exit to avoid huge losses.

For me, the best advice i can give you is to gain more research and experience. You will not be able to overcome such losses in trading or investing if you lack the knowledge and experience. It's okay if you commit mistakes while you are in the middle of trading. At least you will learn from your mistake and do better about it.
3096  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin a safe haven? on: August 19, 2021, 11:18:34 PM
For holders and investors yes.

But for the banks, they don't see it as a safe haven due to the volatility. They may adopt it soon but there's no other reason for that but because of its usability, demand and popularity.
That volatility feature of Bitcoin makes this not a safe haven. It was not just the bank but that is the reality about crypto. Maybe if we are talking if it is safe to hold and keep it long? it still depends on how you secured the keys or password.

Many had believed that Bitcoin will even grow more in the future but I can't say that they are 100% right because the fact that we never know about it, everything was just pure speculation. Buying, investing in Bitcoin is risky, it can't safe at all but since we trusted this thing that is why we come up with this decision.
Main thing that people should be thinking off and reminding themselves that safe haven is something doesnt really fit out on any investment because when we do talk about being safe then thats
already considering some risk free situation and even how great Bitcoin is then that risk would be always tied   up into its tail thats why invest only on the amount that you could afford to lose
and dont make some all in kind of decisions even though the support is mainly directly to bitcoin but that wouldnt tgive out any assurance that you could really make money.
When we think of investments, it will always be associated with risks. So in this case, all investments particularly bitcoin does not guarantee us sure profits all the time. And particularly that bitcoin has its own bulls and bears, an investor should always be careful and invest only on the amount he can afford to lose.

But i believe in bitcoin and the high potentials of its coin that will grow more in the future. So i'm seeing it as more safe compared to stocks, and even compared to fiat who will always bring inflation. But with bitcoin, its decentralized so theres no way it will cause inflation.
3097  Economy / Gambling discussion / Re: {Boxing} Manny Pacquiao vs Yordenis Ugas on: August 19, 2021, 09:45:48 PM
Also, for those who like to bet on the Filipino boxer in the undercard, odds are up already.

https://stake.com/sports/boxing/international/international-matchups/42120308-magsayo-mark-ceja-julio

Unfornately he is the favorite.  Tongue

Checking it now, I'm disappointed as well, I like him to be the underdog of the fight for an obvious reason. But maybe there's still a chance to get at an odds higher than x2, if there's a KO per round or range, I'd love to put my bet on Magsayo, for now, it's not available on the site you shared.
3098  Alternate cryptocurrencies / Altcoin Discussion / Re: Jamaica Adopt cryptocurrency on: August 19, 2021, 08:51:34 PM
More and more countries around the world are adopting and tapping into the advantages of blockchain-based currencies, with Jamaica launching its first digital currency issued to bank customers on personal or business account pegged to the Jamaican dollars on a 1:1 exchange ratio, this development is the latest among others with Venezuela aiming to lunch it owns BCDC in October 2021.

There is a bright future for the cryptocurrency market with more development of stable coins it will allow for more transparency and government adoption of the blockchain technology, which will eventually result in mainstream adoption of cryptocurrencies.

What is your expectation for the future?
Link to full new
https://dogecoinnewshub.com/crypto/the-bank-of-jamaica-coins-the-first-batch-of-national-virtual-currency/?utm_source=dlvr.it&utm_medium=facebook

Back in the days, who would have thought that Bitcoin will become so valuable today, who would have even thought that the crypto space will grow to such an extent and who would have thought that, countries will slowing be adopting or accepting cryptocurrencies; all these points to an ever growing ecosystem ready for what the future offers.
Also, the positive progress associated with all these adoption is that, cryptocurrencies is gradually reaching the masses, although it will take more time, but at least a good step has been taken already.
Lastly, although no country will surrender their fiat power to cryptocurrencies, but as time goes on, they will come to accept cryptocurrencies while allowing it co-exist with their fiat monetary systems and policies.
I think that is already good enough just like for bitcoin to co exist with fiat because it would still be considered  a currency. Satoshi does not created bitcoin to compete with fiat anyways.

Jamaica is just on its right track adopting crypto as a  medium of exchange. CBDC might be centralized in nature but still having crypto on the part of the people will somehow make them feel that they have the freedom already in controlling their own money. Hopefully, Jamaica will also take the path just like what El Salvador has did.
3099  Economy / Gambling discussion / Re: Man lost £20,000 in one night after becoming addicted to online gambling! on: August 16, 2021, 09:21:02 PM
If you have a lot of money like $20,000 do not gamble it is a bad combination. If you do not have a lot of money then do not gamble. Only gamble what you can afford to lose is a common saying but I would say only gamble a % of what you can afford to lose to stop you from losing all that money.

Unfortunately for a man who gambles excessively there is no small or big amount, he'll take it and promise himself that he will double it, this is the reason why those who are addict to gambling are taking loans and selling all his stuff because he believes he can get back all his losses he thinks that his winning days will come back and recover all his losses, this is a blind belief and many gamblers have it.
This is too much addiction and should address the right way because if all of this negative things are into that gambler, he might be on a suicide attempt. Losing such money is already a big problem especially if you just borrow that funds, addictions is not good at all this is one of the enemy of every gambler and fortunately most of the gamblers knows what to do for them not to get addict, we have to do everything not to fall on this gambling trap.

It is, in the first place, borrowing money just to gamble is never a good idea, unless you operate a gambling site where most likely you'll be profitable in the long run. This is gambling where we don't have the advantage, so we should be realistic and stick with the principle of not risking money more than we can afford to lose.

If one can afford to lose £20,000 in one night, then it should not be a problem for him, but for the majority of the gamblers, £20,000 is just too much to lose, some will have to pay it for the rest of their lives due to one-night mistake.
3100  Economy / Gambling discussion / Re: Betting on the Paralympic Games? Ethical or not? on: August 16, 2021, 08:56:04 PM
I think there is nothing unethical about this. In my opinion, it is unethical to evaluate people with disabilities differently than ordinary people. Obviously, a Paralympic athlete cannot break the record of a regular 100m runner, but he can compete perfectly in his category and we can bet on that.
Exactly, treating them different and being overreactive and overprotective over them is going to be insincere for us to do since it only makes them feel like they don't belong because even though the treatment is positive, we still see them as a different kind of people. It's unethical if people are getting intentionally hurt or they're humiliated without their their consent and their being forced to do what they're supposed to do in the games.

Respect is very important, but will they get disrespected if we bet on their games? Nah, because they might even bet on their games too, lol.. they are just humans like us, they feel the satisfaction and they also want to be rewarded with money. Let's just continue betting if we enjoy watching them, otherwise, if it's a violation against the will of the Paralympic players, then we will not gonna see betting odds on any gambling site.
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