A friend of mine came to me and we were having a conversation and I was trying to introduce he to the forum,but he turns out that I was asked if I really trust and believe in bitcoin it will never crash like other cypto industry.
I want know if it will not crash and I need help to convince him about it that it will not crash because am a beginner and I haven't know much about bitcoin so I guess been here I will fine help to assist my friend to join the forum.
I believe op has gotten a clearer meaning about bitcoin and from the time op posted this I'm sure op has seen the trust bitcoin has gained all over the world, although we still have a lot of people who still has not accepted the technology but in my opinion it's fine cause you can't force anyone to love bitcoin and start investing quickly, bitcoin adoption needs time and the knowledge. Concerning bitcoin crash I have never experience such but some people here has experienced the crash I believed during that time alot of investors panicked but now if such comes back there's no need to panic cause we definitely know bitcoin will gain back in return. |
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People intend to invest in altcoins for quick money, having the mindset of altcoin in a negative form doesn't mean every investor will think so. Some investors has gained profit from investing so people like this will always have the mindset to win more, not all altcoins will serve as ponzi scheme but it's very rare researching for quality coin with potential.
As a friend, I can't stop a fellow investor from investing due to the popularity random altcoins has gained due to hype, I don't think it's best to stop an investor.
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I also thought of this idea couple of days and what went through my mind was completely different. The issue with scam and random links is just too common, I thought of identifying phishing links with installed apps, I have seen such apps and websites on android and ios device identifying scammers through phone call. Installing such apps on our phone device can help in terms of identifying scam link. Although scammers can be trickish so it doesn't necessary mean I will rely on link guard, I also need to prioritize safety measures when dealing with bitcoin investment.
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Now if your goal is to accumulate BTC and you feel that you have not accumulated enough BTC, yet, then you probably should not be employing any kind of tools to sell BTC with expectations of being able to buy back, since it seems that you need to first get to a certain high enough level of BTC so that you generally have the sense that you have accumulated enough BTC to be able to feel comfortable shaving some BTC off along the way as the BTC price likely goes up with the passage of time. I hardly would consider 0.04 BTC to be even close to enough BTC to start such a selling on the way up technique since you are likely still accumulating BTC.. so you would be selling with one hand and buying with the other, yet at the same time, I am not opposed to those who might continue to buy BTC with a DCA method and then try to supplement with some kind of raking strategy, even though it seems a bit contradictory and you may well end up either confusing yourself and/or realizing that instead of buying and selling, maybe you should just focus on buying until you have enough (or more than enough) first before prematurely fucking around with selling.
you know, if not for constantly going through the thread that constantly reshapes my mentality and thought process on how much BTC is enough before ever thinking of selling, 0.04 BTC which is around $2.5k looked like a big deal for me cause my current weekly DCA accumulation amount is at $40 and I haven't done all that long for my ten year projection and the urge to sell part during this bullish period had once come in. I guess the best thing to do is to remove any thought of selling our holding out of our mind untill we reach our set out goal during which we can consider using the taking strategy which I feel if followed properly will keep us in good profit but the only issue is that after selling part of your holding holding when the market is bullish, chances are that Bitcoin price might not necessarily go bearish to a price you will be comfortable to buy within a short period of time which like you've pointed out will almost look as though you're gambling with your holding. I like the explanation, and it is not a compulsory thing to do, if you don't understand how to go about it, so that you don't end up messing around with your bitcoin by selling it in a way that it will affect your bitcoin hodling compounding profit. I am still in my accumulation stage, and I will like to continue with using DCA strategy, and any other additional method of accumulation to enable me focus on my bitcoin target, because I think that I don't want to sell any yet using that method explained by JJG. It is our choice to use whatever way that we think will work for us based on our own cash inflow. Firstly, I cannot advice anyone to take his/her profit at an early stage when investing, making bitcoin investment sound as gambling and it can be misleading for newbies, you will feel like you're smart enough taking profit but if lacking the strategy to balance back then it'll be difficult to handle. I will go with the idea of buying until he/ she has reached a balanced level. Secondly this strategy is not so perfect for investors who just started and still acquiring the knowledge about bitcoin, knowing fully well bitcoin knowledge is broad and no one can actually learn everything within a week likewise this strategy, most investors who practice such strategy are experienced investors so I will not stick with the idea of taking profit when still accumulating. |
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Day-3 for me, I have given only 6 push-up in 1st session, oh ...no, 2nd session only 13 push up, that's very painful in my whole body. No problem it will be continuing until 100 push-up.
It seems you're not used to this, although it will take some time reaching such number but you'll definitely reach, I observed something when doing mine and you should also try it, divide your session using excersise timer or daily routine and make sure you pass the number of your previous pushup with extra 5 or 6, although it's painful exercising the muscles forcefully but if you keep doing this often the pain will reduce, let's not forget the pain is the fun I'm taking extra egg's and milk for extra energy. Now I'm not using lift to step up, and taking extra deep breath. when I started my 1st session early morning it's hard but the 2nd session in evening is very suitable for me.
This is quite interesting, drinking milk after working out is a nice one, milk as a perfect example of protien helps to build the muscles mass. I will suggest you install excersise timer, I installed mine and it helps with the pushup and exercising in general. |
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I guess some Bitcoin supporters started to dissociate Bitcoin from cryptocurrency during the time when the crypto market has grown big and wide and already includes all kinds of centralized shitcoins that are actually a disgrace to the technology. They probably don't want to call Bitcoin crypto because Boobcoin and Beibercoin are also crypto. Surely, they can't be categorized together. That would be an insult to Bitcoin.
I disagree. They can be categorized together generally as Cryptocurrencies even if other than Bitcoin most others are Shit Coins. Why do we call a local very small scammy business a 'business' if Amazon exists? They are both businesses, even though one of them is a disgrace. I understand the hatred, but we can not lie to ourselves. They are Cryptocurrencies whether we like it or not. In my opinion, calling bitcoin crypto can be misleading cause as a newbie learning all the quality features about bitcoin without knowing the difference can get mixed up when writing. The name Cryptocurrencies is a general name so it's best to be specific when writing like what the op wrote. I'm more familiar with the name bitcoin but still if anyone is writing about cryptocurrency with the quality feature of bitcoin I will definitely know the person is referring to bitcoin. |
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Let's imagine a society without government rule and laws, everyone will be so free to some extend. Sometimes we humans use our freedom carelessly without thinking twice and it can hurt other feelings or rather it can lead to fighting or conflicts, every rule has a purpose and every leader today is set to guide the standard of the society so any society lacking a good government will face crisis and without a government the society cannot move forward.
Well, I would be ignorant towards your opinion @Miles2006. I Know the government has a governance role of conductive role in the societies so as to implement laws that would guide the people and cautions everyone towards their behaviors while others emotions should also respected in other to comfortably live in the societies. But do we ever thought about how the world or lives had been before the minds got corrupted which calls for the discovery of governments? Because I bet there has been living before governance was formed. Government rule or not we ought to follow the law and standard, I don't care to know who made those laws but definitely every society must set a guide and standard. Let's use the forum as an example, the forum has different law and guide and if anyone goes against the law you will have to face a penalty likewise the bodies incharge of making the law like the staffs should be address as the government bodies. When talking about government we don't necessary mean the state and politicians, I get your point op but the society can't do without the government bodies. |
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Communicating skills are very helpful and you made a good example with the marketing sector, if you have a good communicating skill you can actually convince someone to buy your product. It's one of the major competition in marketing and currently newly robots are created to communicate with customers creating awareness about the product and it seems pleasing. Communication creates room for different ideas to grow, this ideas can be used to develop the state, church, school, society etc.
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Without a doubt the role of the parents has changed with the introduction of all of these new technologies, but their role as guides remain, however a guide can only suggest a path of action, but it is up to the kids to listen to that advice or not, so if their kids decide to not listen then we cannot blame the parents, which did their job in order to try to make their kids avoid that dangerous path, and instead we must blame the kids which purposely took a path they knew it was dangerous.
Every child is unique, with their own personality, hobbies, and values. As a result, it is critical that parents remain open-minded and tailor their approach to their child's specific needs. It is not always easy to do, but it is critical to realize that children have choice and are capable of making their own decisions, even if they do them incorrectly. When a child starts gambling at a young age, people will always blame the parent of the child, when a child starts misbehaving people intend to blame the parent, this is obvious as parents we should train our child in a right manner, the mother in question should be blamed at some extend cause why will a little child develop the habit to steal money. Sometimes parents suffering from this situation tried all their best to take care of the child but the society nowadays seems different with the influence from peer pressure, social media etc. Social media nowadays can easily corrupt a child even with gambling habit. |
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For the ladies I see no much effect but when it comes to the head of the family divorce might not be the problem but we all know how ladies get angry with little or big issues and it can lead to quarreling but going further to file a divorce is wrong and I have not see such. Despite the divorce stories I see online some related to gambling issue but I Strongly believe such union lack love and care. No one should make such expensive mistake when gambling but regardless everyone deserves to be treated rightly.
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This experience is so real and I can relate with what the op is trying to say, after staking the bet with little amount and finally I won but with little amount I will just be regretting, I have experience this several times and the funniest part is when you have some quality money to bet but you feel so serious with the aim of winning but you never get to win like you didn't put any seriousness. There are two reasons to this, and one could be greed, while the other is lack of appreciation. When we gamble, we tend to be greedy, or appreciate our predictions.
I don't think this has to do with greed, as a gambler you ought to know if you're serious or not, when betting with little amount you will definitely know this amount is very little compared to your usually amount, the shock that comes after winning the game with little amount and zero effort is surprising and funny, we all want to win something huge when gambling that's the major reason we end up regretting. |
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So young people struggling to make living is now the problem of the economy?
I no sure say federal government get this one for mind but the action carried out affected a lot of people, the allegations was created to extract money nothing else. I never really understand why politicians will steal money even the government but no action will be carried out, the only action carried by the government to invade another politician house is because they're just enemies cause even in the politics game jealousy dey. The young people should learn and see that this people no care about us, make we no allow them to use us when e reach time for elections .
This is accurate asf. All this struggle during the time of election na invain, I will always say election will come and go but you'll still live your life, sometimes youth go like play risky game during this season for politicians sometimes them dey lost their life just because of election. Electing a right leader needs fight or else it'll be difficult. |
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I have only seen this happened on media sector, they hardly show areas with poor infrastructure, poor citizens but rather we get to see the clean and fancy cities when showing developed countries. When you get to rich cities in UK the lifestyle there looks expensive and definitely things are expensive, you should take time to visit UK often if you're so curious to know or rather visit other cities then you'll find out that not everyone can live to such high standard . It's obvious when you visited the city you came across wealthy people cause an average citizen in UK can't live in an expensive city with high standard.
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The massive awareness to keep bitcoins for as long as possible promotes people to develop the attitude of saving, just like saving money. Do you agree with this that people who are very good at saving money become very good at keeping bitcoins when they finally start doing cryptocurrency? Or do you feel that there is no similarity between keeping bitcoins and keeping money?
This is right but let's not forget without money no one can invest or save, I have never seen anyone who lack money talk about saving or holding bitcoin in essence I can save when I have the money to save but when there's no money people will focus on spending only. Having the habit of saving money and the finance should work together cause without both no one can hold bitcoin, people who intend to hold bitcoin without patient will decide to sell early. I can agree with the topic but let's be realistic, due to the volatile nature of bitcoin most people will love to sell because of fear but people like this lack zero knowledge about bitcoin so let's just say saving fiat is easy compared to bitcoin. |
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I get your point and you're worried about your money regardless the price low or high, if you're not bothered about the profit then the money you used in investing will still stand like you made mentioned of $250. There's not point exhibiting fear with the price of bitcoin except you have zero knowledge about bitcoin, when the price of bitcoin decrease there's still chance for the price to increase that's one thing you need to understand about bitcoin, the bull and bear market, as an investor who want to make profit will want to sell during the bull market. You should have a clearer meaning about bitcoin investment cause it seems you speak with doubt.
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If fear can only motivate a person to invest and hold bitcoin then the stories we hear about fear of the unknown when investing will not exist, people sell their bitcoin due to fear of the price cause what else will stop someone from holding bitcoin, if an investor start developing fear when investing the investor will have to sell cause when there's doubt an investor can't focus on accumulating rather they'll channel all their attention to selling. If what you wrote worked for you then you're lucky, in my opinion don't hold bitcoin with fear or rather don't accumulate aggressively with an amount you can't hold for long.
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Bitcoin price is rising faster and faster, It is time to Buy Bitcoin now before it is too late !
Bitcoin price rising faster and you think it's the right time to buy now? Buying bitcoin now just means you'll not get to make more profit as others who bought with little amount during the bear market, it's obvious that the price of bitcoin is increasing or you will want to buy and wait for another bull market if only you can wait. No one can stop you from buying now cause investors still accumulate during this season. Is bitcoin price going to be above the $100 K end of the next 6 months ?
Who knowns? This is another speculation and you can also predict yours, that's just our view towards bitcoin market, everyone has the right to predict differently, seeing this speculation now doesn't necessary mean the person is 100% right. |
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1. Don't bet all your money on one bet.
I will not even think of doing such with my gambling budget, just imagine I used all my money to gamble just for a single game, it sounds risky tho and no one should try doing this especially with a huge amount 2. Bet the same amount on every bet.
I can't relate with this idea cause it sounds as a compulsory act so when ever I'm not with a fixed amount I should not gamble, most gamblers can stick to this plan depends on how you plan on playing your game and your budget. 3. Don't bet more than once a day. From my perspective, when I get busy with school and learning I hardly bet so sometimes I spend a week without gambling, some gamblers still have free time to bet and it has to do with their choice |
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I'm curious how many people have such high expectations for Manchester City this season that everyone predicts they will win the league again.. My only motivation for supporting Manchester City is for them to work hard and defeat Liverpool in order to cut their lead and keep them from finishing first, and for Arsenal to have complete peace of mind in order to play so well.
However, given Arsenal's present form, I am confident that they play to the satisfaction of their supporters since, even in games they don't win, they dominate the outcomes of every club they play against. Despite the fact that they won most of their games 4–3, Arsenal was extremely proud of this achievement.
I still have little hope in Manchester city but the problem is Manchester city are passing Arsenal with just one point, with just one point how can Manchester city prevail and let's not forget Manchester city will play against Liverpool, this match will determined the strength of both team and it seems Arsenal will be standing as a middle man watching carefully for one of this team to lose point. Manchester city and Manchester united match on Sunday will be interesting cause I'm sure united will not act weak against city. The chance of Manchester city winning the tittle is just too small to withstand Liverpool. Besides this will be the last season Klopp will coach the team so what do you expect from Liverpool and Klopp |
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