You only have a hard time controlling your emotions when you don't follow the simple rule, which is to invest only what you can afford to lose. Because if you do so, you don't have to worry about it because you won't have any problem when you lose it. the fact that people are stressed when they see the crypto market is in a bearish scenario, they didn't follow that rule and some of them even gone too far because they sold their houses or any expensive assets just to invest in bitcoins without thinking twice and also others are just way out of control because even the funds for their essential needs are used for investment in bitcoins.
It would be crazy to see some people who are willing to sell their houses or expensive asset just to invest on bitcoin without even researching. Don't spend something that is important to you or atleast a "needs" to you for something speculative and volatile like bitcoin with just the hopes of it going up in price, it's a bad way to make an investment. With the years of me on cryptospace, I won't personally sell my house for the sake of investing on bitcoin. I'm a bitcoin positive guy but sacrificing things to the maximum limit like selling important thing or things that can make you function is just too much risky for me. I believe that bitcoin will rise again but I'm investing on a more safer way where my daily life won't be affected even if bitcoin somehow crash. Seeing individuals trade their valuables to play bitcoin can be nerve-wracking. Bitcoin is exciting and has great potential. As you noted, controlled risk is far different from irresponsibility. Investing should never compromise our everyday needs or stability. Just not worth it. You have years of crypto experience, which says loudly. Your words are wise. Bitcoin has ups and downs, but letting it control your life? That's risky. How can we help beginners appreciate the need of staying grounded when exploring the crypto sky with so much buzz around bitcoin? |
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In the title that Op made, I do that kind of behavior when I invest, to be honest. This is if what I want in a crypto asset is long-term. Or maybe it's a kind of meme coin. I just don't know if anyone else is doing the same thing as me, and I feel like I'm not alone. And the creator of this matter probably does the same.
Because when you have this mindset with a cryptocurrency, you really don't have to worry about anything that happens in the crypto market. You will not be worried or scared because all we think is that if we know that the price value has really increased, we will return it to sell it and harvest the benefit it can give us, and if there is not, then there is no problem for us. .
A lot actually do have that kind of behavior. As people want to do long term holding and do not want to do anything if ever the price suddenly go down, it gives a little panic for many or if it goes up that gives us the excitement of selling it too early. If you forget about it, the higher probability to hold it for a long time. Yes, there will be no worries, fear, or any emotion to feel. However, this may also lead you to possibility of missing to take a profit when Bitcoin reach the highest price. That's why it would be better to at least keep yourself updated on anything crypto related news when investing. Your heart can really race faster on this emotional rollercoaster as prices rise and fall. It's similar to watching a screen as your feelings move in time with it. Holding long term, then? Yes, it's a tactic, and it brings calm to a lot of people. As you mentioned, forgetting about it lessens the anxiety and excitement, correct? However, consider this idea, which is actually a problem: What if a significant development occurs in cryptocurrency during that "forgetful" period? Keeping up with current events can change everything. It is about being informed rather than responding to every upswing and downs. Being informed enables us to make decisions with confidence. Because sometimes having the right information can make all the difference in the world of Bitcoin and investing. Recall that experiencing such feelings is normal; after all, we are human. Balance is the key, my friend. balance |
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You've clearly and wonderfully taken the time to grasp, analyze, and reframe this bitcoin discussion into a palatable and relevant fashion. Bitcoin—a constant presence, right? Its broad appeal and trustworthiness derive from being the first in a vast and sometimes scary digital money world. Coins like Ethereum, Cardano, and BNB have their own appeal and investment possibilities.
A light but persistent concern remains: While we're wrapped in Bitcoin's considerable shadow, how do we take a moment to fully evaluate these other cryptocurrencies' capabilities? Can we detach our beliefs from Bitcoin and let our investment strategy sail into the unpredictable but potentially lucrative waters of other digital currencies? Its an issue, a difficulty, but worth considering, no?
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I did it in the past and regretted it, even though my only source of income is signature campaigns. It's just that sometimes you can't stop the thoughts from circling around your head. I generally didn't bother to even look at it's price, but I've recently started feeling a little wearied. Perhaps it has to do with the life-induced stress that I've discussed in a previous thread. Who knows? How do you cope with waiting?
The main reason why you end up regretting your investment in the past is a lack of patience. If you are patient enough, you can still manage the money that you receive from the signature campaign. If I am not mistaken, you are paid weekly in the signature campaign. The money that is given to you every week can be managed up to next week before you receive another payment, which means you will be budgeting your expenses based on your income that comes to you weekly. And again, if you have another source of income, you will enjoy your investment better because, when you invest, you should forget about the money and put it at the front of your mind, not at the back of your mind. The money you invested is like you borrowed it from someone and will bring it back after a long period of time with profit.For instance, in banks, we have what is called a fixed deposit account. When you want to put money in this account, you will make an agreement that this money will not be withdrawn no matter the condition until the year of agreement is reached, which is when you will receive your profit and your capital at the same time. So you can use that method to yourself and promise yourself that you will not withdraw the money until after some years and keep to your promise. With that, I think you are good to go. Wow, there's a lot of knowledge here, and patience is crucial in investing, isnt it? Signature campaigns really touch home about financial management. Waiting for these little amounts of revenue and then carefully incorporating them into your weekly budget is a delicate dance that requires diligence and patience. How can one maintain patience, especially when unforeseen expenses derail plans? Your contrast of invested and borrowed money is refreshing. Whats wrong with seeing money as something thats not yours but will return after a long time with a little extra? Keeping this perspective from becoming a rule is a simple suggestion. Even with careful planning, investments can fail, so a mental and emotional safety net is as important as a financial one. |
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Well, this was a line provided by Edward Snowden. Yeah, the famous whistle blower Edward. He believes that the more applications are being filed, there are risks involved. Although the money being poured into the asset will help it's price to go higher, but these institutions could get more power and influence over the regular person when it comes to decisions and actions taken as regards Bitcoin. Edward also noted that as ETF applications are getting popular especially as big firms are the ones lobbying for a spot, there's the tendency of it "taming Bitcoin". Is this true or he's just talking out of a hunch? https://cryptopotato.com/edward-snowden-believes-bitcoin-etfs-are-taming-btc-bitcoin-amsterdam-live/The man is right; institutional involvement in Bitcoin, especially through ETFs, raises power dynamics questions. Big institutions, with their enormous finances and influence, may potentially dominate Bitcoin. This influence may lead to decisions that dont benefit the typical person. This is possible but not guaranteed. Bitcoin emphasizes decentralization and individual power. However, ETFs generate a lot of money, which can enhance Bitcoin's price. What if such price increase compromises Bitcoin's essence? Worth the trade-off? Should we risk Bitcoin becoming “tamed” as Edward suggests? We should always question, analyze, and navigate these waters with open eyes and ears, not whether hes right or wrong. |
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I became curious for sometime now about dog racing as I have not seen it here or anything relates to it here or if I am wrong you can correct me and direct me to the thread or casino that offers such betting option for gamblers. I first saw this game in a movie where dog race was the major character or action of the movie and since then I picked interest in it but I barely see live games for it and casino i think do not have such option and if they do, they should indicate here so I can visit their casino for games. I think this aspect of gaming is overlooked and possibly an asset to casino if they give it a try.
I don't think there are popular casinos that host dog racing, there is an animal welfare act in many countries and they will be charged or even fine for hosting a dog racing betting, dogs are not made for racing they are considered pets, and they are very much different to the horse. Horses are created to run and carry people so some casinos can host that event but it's different when it comes to dogs they are made for horse racing, check your country if you can find one, but if your country has an animal welfare act it will be illegal to have that event. I totally sympathize with your feelings on dog racing, and you have good reason to be concerned about their wellbeing. Animals have a special place in our hearts, especially pets like dogs, dont they? You are correct that most people view dogs as loving companions rather than competitors. Indeed, in sharp contrast to dogs, horses have historically been associated with running and transportation. Now, as for the issue of locating a casino that offers dog racing, I would suggest using caution. Even if such a facility existed, there might be serious ethical and legal ramifications—especially in light of existing animal welfare laws. Remain with conventional gaming establishments. If horse racing piques your curiosity, perhaps investigate it. Compared to dog racing, it is more broadly recognized, ethically clearer, and more extensively done. |
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Making gambling a full time job might be seen as risky but I still feel one can make gambling full time job and a career.
What do you all think?
Why do you feel that? Based on what assumptions? Do you have any examples of successful gamblers who have left their jobs and are living from gambling income in a solid way for few years already, at least? Probably what you feel is just the desire that gambling could proportionate a full time income to you, as it has already been part of the daydream of many of us here. Sometimes we do run to an abstract world where we start imagining those things could be for real and how much satisfaction they could give to us. But after all, it's just illusion, therefore these thoughts can't take control of your mind and life. Of course, sometimes we have to escape from the harsh reality temporarily, and to idealize gambling as a life changer looks a nice escape to calm down from the daily stress. Just don't forget to come back to reality after a while, otherwise you may take your illusions too seriously, and then ending bankrupted. The depth of your thought is clear. Like many things in life, gambling can provide a little vacation from the daily grind. Any successful gamblers? Sure. Do they have majority? Likely no. The draw of gambling is alluring, and it's easy to get lost in "what ifs" and daydreams. Dancing dice and spinning wheels can be hypnotizing. You mentioned an important issue: dream-reality balance. Dream, hope, and wish - it's acceptable. Be realistic about your dreams. Make gambling a controlled getaway. Be vigilant, set limits, and consider other stress relievers. Truthfully, gambling may be risky. Though it's fun to imagine a lucky bet changing your life, there's a real world full of thrills, risks, and rewards. |
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~Snip
Things like that are very normal and I often experience things like that too. But I don't take it too seriously. Because it is their personal right. Whether he won gambling or not, I personally have never asked a friend to give me his gambling winnings. So basically, if I have a friend like that, I'd better just ignore him. Because in the end friends who have habits like that will be ashamed of themselves. Apart from that, maybe people who distance themselves from their friends also have reasons why they don't decide to join their friends. It could be that he has other interests, such as having a debt that must be paid. So there are many valid reasons for this. However, if you think about it from a negative perspective, it is certain that such people do not want their profits to be shared with their friends. But once again, as I explained above, don't worry too much if you have a friend like that, just ignore it and the problem will be resolved. Because from my experience, people like that will definitely come back again when the money runs out. But even so, he will definitely return, but with shame. So the surefire way to deal with friends like that is to ignore them. . Yes, same here, unless it's really like one of my friends winning huge like in lottery or something. But if it just a normal games that we play together, then I wouldn't get made if they somewhat avoided me or the rest of the gang. Lol. Maybe he just want to enjoy his winnings, or just think about it, if it is in your case, then most likely you will do the same for your friends as well. So I will not take it personally though, we are talking about money and if your friend losses, then it's his money, so if he wins then obviously he will take care of himself first and maybe even if he won, that is not enough to cover what he has been losing money in gambling for years. So in any case, just leave it to your friend. If he comes back and tell you the reason why he avoided you then good, if not, then let it go and just continue to gamble. The way that gambling operates is fun, dont you think? Many become engrossed in the adrenaline and hope of the big win. Win or lose, the excitement remains the same. Its fantastic for your friend if he won! To be honest, though, money—especially when it comes from gambling—has the power to temporarily alter relationships. Individuals may become overly cautious or guarded. It may not be so much about the victory as it is about their past setbacks and times when they felt hopeless. Gaining money from gaming can be a breath of fresh air, but sometimes they just need a little time to themselves. Your companion could require that time to unwind and give what had happened some serious thought. You as well? Simply continue being yourself, playing, and enjoying yourself. Ever wonder, by the way, why we enjoy gambling so much, even when its simply a lighthearted game? |
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I didn't know that this question would pop out someday but it did.
I have one good friend, an old friend from childhood until I hit puberty, and a teen who had been playing poker tournaments and he is funding his entry ticket by posting it on Facebook. He also includes his proof of wins in his posts so that every investor will no doubt him.
For me, I don't doubt him because I know the guy who had been playing that game for a long time and I even joined him in poker events when I had the time.
The only problem is all slots are always taken whenever I see his post on Facebook. But he did promise to give me a slot in the next tournament to come.
It's not literally financing the whole entry ticket because there are many of us but because of how good he is at playing the game there will be no problem with spending $3-5 for a chance to double it or more.
I won't invest with a stranger but that is a friend I knew and I am a godfather of one of his kids.
Your story, your friend, and your trust in him offer a lovely picture of friendship and camaraderie. Investing on a friend, especially one you've spent time with, shows your bond. Your friend seems skilled and trustworthy since he shares his triumphs and pursuits. But getting a tournament spot is the hard part, right? It may require some guidance and a gentle push to avoid missing out next time. What about a small deal, like an advanced notice agreement, between you and your friend? You may suggest a tiny, amicable arrangement where he gives you a head start before posting the next chance. This protects your spot and your trust and friendship. It keeps things light, amicable, and prevents financial issues from affecting your relationship. |
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Eden Hazard was one of those players who ruined his own career, and he still did so well with what he had. I mean just recently I think it was Cole that talked about how Hazard wasn't the type of player that was in ice baths at 1 am and tried to train hard and all that, everyone talks about it, I saw another one where he was playing mario kart on his console until 5 minutes was left to the game.
Sure you can be talented, even with all that he still managed to make a great career out of himself, but if he was a focused hard working player he could have been as good as anyone in the world. Unfortunately he didn't play like that and this resulted with him not being as good. Still a good life, definitely a worthy life, tens of millions of euros for a game he likes to play.
I think football success depends on more than talent. I've heard about other top players like Ronaldo who strive for excellence regardless of their skills. Unwavering dedication distinguishes them. Many agree that Hazard, despite his brilliance, lacked discipline and drive. Jack Grealish compared Erling Haaland's dedication to his own, hinting that Haaland will shine brighter. Its sad to see Hazard retire early when his potential was so tremendous. No club would sign a 'lazy,' regardless of skill. |
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Mendilibar's time has ended at Sevilla recently and Diego Alonso has been appointed to the manager position. Sevilla have started to change their manager very often in the recent times. Sampaoli, Mendilibar and now Diego Alonso... I don't believe this is a good action to take for a team.
Because the system mostly changes and the players have to adapt to the new one every time. They have to get along with the new manager as well. Rather than that I think Sevilla should have given it some time. They won the Europa League title with Mendilibar in the end.
I think Sevilla should not rush in sacking Jose Luis Mendilibar. Because Mendilibar was actually an important figure who brought big changes to the Sevilla squad last season. Sevilla even avoided the relegation zone in Laliga and managed to win the Europa League title with Mendilibar. Even though Sevilla haven't shown a good performance this season, I still think that giving more time to Jose Luis Mendilibar would be much better. Because currently Sevilla also has an important match in the Champions League. And of course changing the current coach is a bad decision. Even if Diego Alonso could become a good coach for Sevilla, improvements will not occur instantly. Everything definitely requires adaptation and is quite a long process. And actually, Sevilla currently doesn't have enough time to adapt to a new coach. Because a busy match schedule and a change of coach will only make things worse. Sevilla in the Champions League currently has not experienced a defeat nor has they won. Two matches only ended in draws. And I think that's still quite better than losing. But I'm also curious whether Diego Alonso will really make a drastic improvement in Sevilla's performance or if it will actually get worse. Let's see. Just the idea of firing Jose Luis Mendilibar makes me sick! How quickly we forget successes and focus on misfortunes. I know this season hasnt replicated last season's success. Remember that Mendilibar saved Sevilla last season and won the Europa League. Its no easy accomplishment! With crucial Champions League matches ahead, changing guard seems like a formula for catastrophe. The mid-season adjustment, probable unrest, and chaos of a new coaching style? Not worth the risk! While good, Diego Alonso isnt a miracle worker. Progress takes time, right? We should give Mendilibar more time and less criticism. |
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Their attack line isn't all that bad right? But I think they will run into the same issues with a player like Dembele as Barcelona did. Barcelona let him go because Dembele has never been consistent for an entire season. He has always had some aches and pains and then they couldn't cure it and it frequently returned and again he was sitting on the bench. Then he didn't do well in the training sessions and so on and so forth. I really don't understand that PSG signed Dembele when they themselves had a similar experience with Neymar who also was injured all the time. I think Kolo Muani was a good transfer although I have no idea whether he really was worth the money, but he might need some time until he can play his best.
Dembele is not a very bad player but I don't think he'll last at PSG because of the injury crisis he's faced over years when he was at Barcelona, he's become an injury prone player and that's what I expected Luis Enrique to be worried about before bringing him into the team, tge €50m they spent in getting him would had helped in attracting players like Kudus that's currently at Westham or other youngsters out there doing great. PSG would had learnt from their experience with Neymar but they sold him to get another player that injury prone as well, however they got other interesting talents that would help them in future the team finally recocer their form, however if Enrique wants to perform well this season he'll need Mbappe's help and play him on his rightful position. Here, my mind wander: Dembele, who has spent more time in recuperation rooms than on the pitch, now wears PSG colors for €50m. Im excited and worried about this transfer. Is this move not a Neymar repeat? I believe that signing a young player, like a Westham Kudus, would have given the squad a healthier, less injury-prone future. Enrique seems to be in for a crazy ride, and if he doesnt maximize Mbappe's brilliance, his adventure may end prematurely, much to our dismay! With Dembele at PSG, will we see success or another ‘what could have been’? Its going to be an exciting ride, so buckle up. |
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Manchester United team is 10th in the points table. The team is not performing very well. It is important for Manchester United to stay inside the 5th place in the points table so that the team can create a chance to achieve something good.
It really looks unrealistic to see Manchester United to stay at 5th position when they currently only have mediocre players and it's still long to go the transfer window will reopen. Manchester United just need to make sure they will not follow Chelsea's path, I think they're still on a way to become Chelsea 2.0 where they lose against mediocre clubs. Their next match against Sheffield United, will they lose again?  I am not sure what is wrong with them but they need someone to step up. Last season it was Rashford but this season everyone is off the mark. It's the same team like last season but it seems to be that they have lost their confidence and that is why they are beginning to lose their form. Ten Haag again has lot to do like when he joined the team and brought down the changes. Blades doesn't seems like a tough opponent but the form United are in right now makes it doubtful for United also. However United are definitely the favourites. Whats up with our beloved United? Im upset with our horrible state. Ten Haag, you were our hope last season; now? I believe your techniques are too predictable and our opponents have figured us out. The win-loss record is terrible! Only two wins in seven matches? My frustration is palpable! While the injuries have thrown a wrench in the works, don't you believe we need a new strategy? Im excited but realistic about Sheffield United. Although United is “favoured” at the moment, might this be another trap? |
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Napoli's start to the new season was not very optimistic. They are ranked 5th, 7 points behind top team AC Milan. This caused coach Rudi Garcia's chair to shake violently. After the departure of coach Luciano Spalletti, who helped Napoli win the Serie A championship, Garcia - who previously led Lyon and Al-Nassr, was given the opportunity to help the home team defend the title. However, he had a difficult start. If he does not improve the team's situation, he may be fired.
Antonio Conte is the number 1 name if Rudi Garcia is fired. Currently, he has yet to find a new job since leaving Tottenham in March. Coach Conte's talent was proven when he won the Serie A championship with Juventus and Inter Milan. Will Napoli's leadership fire Garcia?
Well, I think I’m really worried about Napoli's state now. They hand the reins to Garcia after Spalletti achieves a monumental task, and now what? They're staggering in 5th, and this is after winning the Serie A! Unbelievable! And now we’re talking about Conte as a savior? I don’t buy it, frankly. After his stint with Tottenham, which I don’t view as stellar, is he really the answer Napoli needs right now? Sure, he has an incredible record in Serie A, but this isn’t a magic wand situation! Garcia had prestige too, didn’t he? And yet, here we are, discussing his potential exit. It's a frustrating. I just hope Napoli’s leadership thinks long and hard before making a rash decision that might backfire |
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The idea that lens is superior as compared to arsenal is really not sounding well to me, because how on earth dose such comparison even makes sense I mean a team who just recently struggled out of the relegation zone in the the Ligue 1, a messy league currently, is now ben compared with arsenal that is at the tops of the table in the EPL and also toping it's group in the UCL common it's really not making sense.
Sevilla isn't a very bad team at the moment but they aswell also seem to be struggling with climbing up the table in the Spanish league, I wonder what exactly is the inspiration behind all these comparison because these teams are not really average teams to compare with a top team like arsenal at the moment, if it were to be two seasons ago this comparison could make sense.
If Arsenal dose not get any of it's players on injury before then or get any of it's play become fatigue prone , then Sevilla should definitely wait for another round of defeat because I'm sure arteta will not leave chance's to them to gat a win as his aim for this season is high and he is not giving in to any form of compromise. So thinking Sevilla would win Arsenal could be seen as not possible although I know it's football and anything can happen but ideally it's not feasible
I don't think Lens can be said to be the most superior team in group B. Even though they previously beat Arsenal at home, of course that's not the right yardstick to say that Lens is better than Arsenal. I think in Group B only Arsenal is the strongest because the quality of their players proves that. For Sevilla, they often cannot predict their game in the Champions League because in the last two matches they have struggled to win. However, I believe Sevilla will be able to trouble the other teams in Group B. So, in the next match, Sevilla will face Arsenal at the Sanchez stadium. I think this is quite a tough match for Sevilla because Arsenal will definitely play carefully enough to get back to winning ways after being beaten by Lens. Moreover, Arsenal are in their best form after successfully beating Manchester City in the Premier League. I've always thought one game doesn't define a squad. Regarding Lens? Their triumph versus Arsenal may have been a fluke or a Gunners slip. However, saying they're better than Arsenal is a reach. Arsenal has been hot this season, and beating Manchester City is tough. Sevilla's tenacity is admirable, but Arsenal at the Sanchez will be a challenge. Wont be easy. Who knows? They may surprise us with a Lens! It'd be something. |
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Your weariness with Bitcoin's seeming stagnation is relatable. Despite its success in prior cycles, "hold and wait," can be exhausting, especially now that Bitcoin's intensity and volatility seem to have subsided. Price stagnation, especially in a field where people are used to sudden swings and troughs, can dampen initial interest in this digital asset.
"Is it the monotony or the potential missed opportunities in other ventures that contribute more to the weariness of holding Bitcoin?" Consider this. How we handle stagnation may define our financial futures. Some cope by learning about other coins or investments, while others detach and faith in their assets' long-term stability. As we hold, how can we rekindle our enthusiasm and interest while being patient?
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Remember to tell your friends with high profit(interest you said) in crypto their is huge risk is involved in it.
so don't be greedy invest only what you can afford to lose and also tell your friends about this, DCA is a risk free method to accumulate bitcoin at average price it is good strategy to stay disciplined,
and accumulate bitcoin slowly without disturbing your personal and professional life.
What exactly do you mean by DCA being a risk free method of accumulating bitcoin at an average price? You already talked about the op telling his friends to only invest what or an amount they can afford to lose, and even though I personally believe that, bitcoin is the only cryptocurrency that gives investors a very low risk to the possibility of losing their funds, I would still say that its very important for us to always adhere and obey all rules when it comes to investment in any asset. Whether DCA or not, the fact is that, one could still lose his or her money invested in bitcoin for several reason, and one of those reasons being due to market fluctuations, but this can only happen if the investor lack the patient to wait for the appropriate time to sell. So in all, we should always maintain that rule which states we should never invest more than we can afford to lose, at least, for our peace of mind. DCA isn't risk-free, but it has benefits, right? Investing a fixed dollar amount in Bitcoin at regular periods means you acquire more coins when prices are low and fewer when prices are high, average out the cost. The pseudo-problem is what if the market falls steadily? It may find the DCA strategy unsuccessful, right? Following investment principles and the mantra “never invest more than you can afford to lose” is crucial to financial and mental well-being. Your emphasis on patience in waiting to sell and your warning about market changes indicate financial market experience. No matter the strategy (DCA, lump-sum, or otherwise) sage investing requires disciplined, informed decision-making and unyielding commitment to financial boundaries and goals. |
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So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.
That's a warning isn't it limiting beginners from getting involved in trading, you have to separate advice from limiting beginners' interest? They try to say something that happened according to reality that beginners are not advised to get involved in trading when they have not mastered technical or other basic things. There is nothing wrong with that reminder and for me reminding each other is an effort to maintain a level of sanity because we cannot live alone without listening to the advice of other people who are more experienced. No one is born as a professional trader and that is why reminding each other is an effort to look after each other. Make criticism an effort for us to become more developed and in this online forum we must have thicker skin to respond to every person's criticism. If a person is not ready to accept criticism then this place is not suitable for him and I don't think there is anything wrong with such criticism. Really now? We drag beginners back with "well-intentioned" advice every time they start Bitcoin? We know its risky and fickle. Isnt that the point of trading? If a newbie shouldnt trade without technical knowledge, how will they learn? Learning involves experience, mistakes, and losses. Bitcoin is a passion and future for many. But this annoying issue continues recurring. Genuine advice is sometimes misinterpreted as discouragement. As you indicated, this site may not suit those who can't take criticism. Let's distinguish criticism from overprotection. The world of Bitcoin is huge, intriguing, and occasionally scary. But lets stop treating newcomers like fragile and let them experience Bitcoin trading's roller coaster. |
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There is nothing wrong in holding and trading, and both is possible if you have the right skills, holding can be a mess if you are a bad trader and it can affect your holding, it's safer to choose one but it's possible to be in both.
You will make more money in holding than trading but people do like and prefer passive income so that they can live on it every day, but I don't believe much in passive income compared to long-term investment, I don't want to know how professional you are at trading, if you have invested in Bitcoin at $100 you will make biggest money today holding your bags, compare to trading, because with trading comes some risks, there will be wrong callings and you will lose money.
Buy Bitcoin and get a hardware wallet to store them, go back to your life and live on your normal salary, you will be a big fella in the future and many will question your source of income, because they don't just understand what you did while they are busy looking for fast money.
Okay, lets not get too cocky. Holding has its benefits, and if you acquired Bitcoin around $100, you're good. Oh, come on! Not just buying and forgetting. Passion, believing in Bitcoin's future, and appreciating trading's exhilarating roller coaster are key. Some find trading's excitement and daily labor addictive. Its life Dont believe in passive income? Fair enough. Some need that daily intake to survive. Remember that trading takes talent, intelligence, and a solid market pulse. I agree that holding has long-term benefits. The issue? Thinking one-size-fits-all. It doesnt. Everyone has a plan and trip. |
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I think, The government would not accept bitcoin officially coz they don’t control over the bitcoin payment system or bitcoin pay system. Some government accepted bitcoin for only using online system for investment and trading and maximum countries people are usually using bitcoin illegally.
Even if a government were to officially accept Bitcoin, it would try to bring it into a strong legal framework. Well, in my opinion, if the government accepts Bitcoin legally, this situation can also benefit their people and the government can also collect a good amount of revenue from tax.I think the biggest problem for governments will be people putting more of their capital into Bitcoin, because often governments are run by their banking sector. If the banking sector faces problems, it can create problems for governments as well .Of course, in most countries people use Bitcoin illegally, because when citizens of any country do not have the facility to invest Bitcoin legally, they try to buy Bitcoin illegally. Everyone who knows about Bitcoin must want to make their long-term investment in Bitcoin. I think, The government would not accept bitcoin officially coz they don’t control over the bitcoin payment system or bitcoin pay system. Some government accepted bitcoin for only using online system for investment and trading and maximum countries people are usually using bitcoin illegally.
Even if a government were to officially accept Bitcoin, it would try to bring it into a strong legal framework. Well, in my opinion, if the government accepts Bitcoin legally, this situation can also benefit their people and the government can also collect a good amount of revenue from tax.I think the biggest problem for governments will be people putting more of their capital into Bitcoin, because often governments are run by their banking sector. If the banking sector faces problems, it can create problems for governments as well .Of course, in most countries people use Bitcoin illegally, because when citizens of any country do not have the facility to invest Bitcoin legally, they try to buy Bitcoin illegally. Everyone who knows about Bitcoin must want to make their long-term investment in Bitcoin. I cant... The idea that governments are still dancing around Bitcoin after all these years and potential? Extremely frustrating. You nailed it. The benefits to governments are obvious. Taxes and revenue are ready to be used. So whats the problem? Fear of the unknown? Or reluctance? Its overwhelming. The financial story is just too repetitious. Governments and banking are intertwined. Banks may be frightened, but cant governments see past that? People do find criminal ways when there are no legal ones. Its obvious and happening, and governments should pay heed. Everyone's interested in Bitcoin. Governments must adopt quickly! |
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