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It's kinda hard to get what you're saying, but I think I got the gist of it. You're saying people should focus more on investing for the future, rather than just thinking about their immediate needs, right? I mean, sure, investing is important, there is no doubt about it if you want to build a future free of financial needs. But, you know, not everyone has the same opportunities, and some people might really be struggling to make ends meet. It's tough to think about the future when you're just trying to survive the present.
That said, I get your point - investing wisely in something like BTC or other potential projects could make a huge difference down the line. But we should also know that not everyone's got the same starting point and those are the people who shouldn't be investing in Bitcoin or other crypto currencies because we should invest only what we can afford to lose.
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I recently discovered that I signed up for a casino without thoroughly reading its terms and conditions agreement. But of course this was entirely my fault even that I am still bothered by the withdrawal requirements on deposits. It is well known that deposit bonuses or any bonus offered by a casino will have wagering requirements that goes to x50 or more. What truly concerns me is the 5X wagering requirement on normal deposits without any bonus in order to withdraw the initial deposit or winnings.
To clarify things better here is an example : if you were to deposit $1000 and win $200 in your first few games then you wouldnt be able to withdraw your winnings or even your deposits without wagering at least $5000. This means that 80% of the time, you would lose your money before reaching the required amount.
In my opinion this term is unfair. I am not attacking any specific casino, but I do believe that if users were aware of these requirements they would be less likely to deposit their money in such casinos since there are other casinos without such stringent requirements.
This is how the "deposit" bonus and other "no deposit" bonus works. I don't know why people would think that a casino would give them free money or 250% of their deposit just for adding money to their accounts. Those terms are always unfair to be honest. But I don't think any casino "locks" your initial deposit. That would be straight luring people and scamming them. Most of the time, you can "unlock" your deposit, but your bonus will be forfeited and whatever you lost, will be taken from your balance. Look for casinos that has more fair terms. |
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There's no such thing as a "bottom price" in crypto. It's always a bit of a gamble, but as long as you're in it for the long haul, it's never too late to invest. If I were you, I'd consider doing DCA, as it helps spread the risk and can be a good strategy, especially if you're unsure about the market. As long as you can afford to lose, you can invest. But that's just my opinion. As for altcoins, I won't tell you were to invest, but do your own research, and look for coins that you think has good potential but is undervalued. Just don't go all-in on some crazy hype train.
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One rather overused term in crypto are "seasons". I admit getting sometimes a bit lost whether we have now "altcoin season", "memecoin season" or whatever else. There are also people who have theories about which season follows which. Was wondering - is their anything more than anecdotal evidence for the existence and order of said "seasons"?
This whole "seasons" thing is bullshit, and it's mostly just a hype created. Like, sure, there are times when certain types of coins seem to be doing better than others, but to call it a "season" might be a stretch. I think a lot of the time, it's just shillers and people behind those shit coins trying to drum up some excitement and FOMO. They want people to think "Oh, it's memecoin season, I better buy in now before I miss out! I will invest $1,000 now, few months later I will have a million dollar sitting on my protfolio." But really, there's no solid evidence that these "seasons" actually exist or follow any particular order. So yeah, I'd say let's take the whole "seasons" thing with a grain of salt and focus more on fundamentals and actual market trends. That's my two cents anyway. |
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That's a tough spot I would say. Lending money to family can be uncomfortable and awkward, especially if you don't trust them to pay you back. And also depends on how much "family" they are and how much they mean to you. I mean, yeah, it sucks that your cousin's giving you the "cold shoulder" now, but only because you didn't lend him money? Well, does he think that he deserves money from you? Like its his right?. If you ask me, you probably did the right thing. Like, if you'd lent him the cash and he never paid you back, that might've caused even more drama in the long run. Feelings of resentment is the worst. So, maybe not lending him the money actually saved your relationship in a weird way? Now you don't have that whole "Hey man, when are you gonna pay me back?" conversation hanging over your head every time you see each other.
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When costs go up, so do profits? That’s not how capitalism is supposed to work, but that is the recent trend. For over a year now, consumers and businesses, both in the U.S. and worldwide, have struggled with stubborn inflation. But the soaring costs haven’t prevented corporations from raking in record profits. The companies in last year’s Fortune 500 alone generated an all-time high $1.8 trillion in profit on $16.1 trillion in revenue. ‘We may be looking at the end of capitalism’: One of the world’s oldest and largest investment banks warns ‘Greedflation’ has gone too farInteresting article, the term "Greedflation" especially. This is the first time I come across this term and I like it. I understand that someone wants to be rich, but when is enough? Is there enough? It's sad to see companies making crazy profits while everyone else is struggling with inflation, right? Kinda feels like something's off and all those "Greedflation" is controlled by the big industries to make more profit (conspiracies). Now, I get why people might be mad about this. It's like the rich keep getting richer and everyone else is left in the dust. I can see how some people think thaht "Greedflation" is a big problem and that capitalism has gone too far, and is now being unfair with everyone. But, we got to remember that remember that businesses are, well, in the business of making money. So, it's not really surprising that they're trying to maximize profits, and isn't that kind of the whole point of capitalism? Maybe this shorterm "Greedflation" will help us in the long term? The more profit the business is making, the more they will invest in the future and this will create more opportunities for the people causing a better economic growth. |
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Yeah, I think anytime is a good time to buy bitcoin if you can afford it and you won't stress over potential losses. As long as you are able to afford to lose all the money you put in bitcoin without it impacting your daily finances, then it is fine to buy at any price. Just hold on to it long term, and you'll likely see profits. Remember, the price has always gone up in the long run. But don't keep waiting for a dip because you might miss out on great opportunities. The price might not go down as much as you expect. Like imagine, those people that waited for the price to go below $10,000 when the price when above $20,000. It never happen. Crypto is unpredictable, so just invest wisely and enjoy the gains!
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Honestly, I think it's all about balance and personal preferences. If your friends enjoy those gatherings and it doesn't put them in financial trouble or affect their family life, then it's not necessarily a waste of time and money. As long as they can pay their bills, save for the future, and maintain a healthy family life, it's just part of their social lifestyle.
Everyone has different ways of enjoying their free time, and if this is what makes them happy, then it's okay. In fact, I would encourage this. Investment in your own happiness is the best thing to do. Just remember that what works for them might not work for you, and that's perfectly fine too.
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The Premier League have confirmed clubs have voluntarily agreed to remove gambling sponsors from the front of their matchday shirts from the start of the 2025/26 season. This is a move to try to reduce promotion of gambling in the premier league with it's increasing audience, do you think it can successfully reduce the number of people who gamble? What do you think? Will these gambling platforms not just move to other sports, do you think other sports that wear their sponsors name in England will adopt this new development in the premier league?
https://www.msn.com/en-us/news/other/premier-league-clubs-to-remove-gambling-sponsors-from-front-of-shirts/ar-AA19OgeuYeah, Premier League dropping gambling sponsors, is a step I think is in the right direction. Less exposure to gambling advertisement, means less new people joining gambling, and less "cravings" for already addicted gamblers. But, will it totally solve the problem? Nah, probably not. It could work because removing those gambling names from shirts means fewer people seeing them, right? So, it's kind of a like "out of sight, out of mind" thing, which could help some people avoid getting into gambling. But these gambling companies won't just sit back and chill. They'll definitely find other ways to advertise, like targeting other sports or going hard on online ads. It's not just about ads. It's also about education and support for people with gambling problems. Maybe replace those ads with gambling addiction support organizations? |
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Multiple trading isn't actually a bad thing if you know what you are doing. Like, it depends on the person and their trading strategy. Some people actually make good money with multiple trades, as long as they manage it right. The key here is risk management and diversification. Just because friend did it wrong, doesn't mean everyone will do it wrong. You friend did some mistakes. If your friend could have set stop-loss orders and diversified his investments, he wouldn't had put all his money in one place. So, if one trade goes south, others might still be profitable. Your friend shouldn't go overboard and risk only what he can afford to lose. Your friend might be struggling, so he should cut down a bit.
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When you're short on cash, it can be difficult to quit borrowing money.
Everyone has been there. We're short on cash and in a lot of debt, but a cover loan to get out of the red and even improve our readiness is the light at the end of the tunnel.
Blissful days? Sadly, no. It all comes down to the straightforward, yet frequently misunderstood, formula that says borrowing more money equals more debt. It is more difficult to return to black the more debt you accumulate.
The majority of us live beyond our means, which is one of the primary causes of our ever-increasing habit of borrowing money. Simply put, incomings are outpacing outgoings. It's also getting worse.
More than at any time in the past two decades, millions of Americans are spending more than they earn. Spending on credit cards, the most common type of personal debt, is estimated to be rising at a rate faster than at any other time in American history.
Getting involved into loans and debts is a slippery slope. The cycle of taking loans can really mess up your financial situation and goals of your life. The thing is, when you borrow, you're not just repaying the original amount, but also the interest that comes with it. So, in the long run, you end up paying way more than you borrowed. The more time you take, the more you have to pay. Then there are people that takes more loan to pay their previous loans. This is like digging yourself into a deeper hole each time you borrow to pay one of your existing loan. At one stage it becomes almost unbearable to pay anything. Sad thing is, many people think it's an "easy money" which they will be able to repay later, but that doesn't happen unfortunately. |
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"Automating savings" is a good thing, yeah. It's like a no-brainer way to stash some cash without even thinking about it. Who doesn't love avoiding that whole "to save or not to save" thing, right? Plus, it helps keep us disciplined, financially responsible and good spending habit. But, you got to remember that everyone's financial situation is different. For some people, automating savings might not be the best idea if they've got unpredictable incomes or tons of debt. Like one user here mentioned about the "$3 rule". People with uncertainty might have to spend that whole $3 in paying bills without being able to split it. Those kind of people need to be more strategic with their money so they can adjust their savings plan when needed. What's the use of saving, if you are starving?. Automatic saving is nice, but not perfect for everyone.
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In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Well, lets be honest, day trading isn't really the perfect work for everyone, especially jobless people out there. Yeah, it might give you freedom and all, but it's super risky and volatile. You can easily lose your money if you don't know what you're doing. Make one mistake, and you ruin your whole trade, ending up making your "broke" and jobless. Day trading requires a lot of time and dedication to constantly monitor the market, and it can be more stressful for some without a job. I wouldn't recommend it for someone without a stable income or savings to back them up. Better to learn the market and start with a small investment if you really wanna give it a shot, but don't make this your main source of income. |
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Please correct me if I am wrongEven in today's modern world, except for a few people in Europe-America, the general public of the entire world does not have a proper understanding of Bitcoin.  Except European-American, anyone who have a little idea about Bitcoin also have misconceptions. Due to this problem, many people are unable to invest in a great platform like Bitcoin even if they want to. This problem may not seem like a big deal to many, but think about third world countries. A sad reality is, in my country 80-90% of the population are not familiar with Bitcoin. Is there any way to solve this problem? I don't completely agree with you on this. Sure, there's still a lot of people who don't know much about Bitcoin, but it's not just a Europe-America thing. There are plenty of people in other countries who are well-informed about it too. Maybe much better than us (Hence why, lots of blockchain related industries go offshore to form their company).But yeah, I get your point about the need for better education. Most people rely on the "controlled media" to gain information and we all know how biased the main stream media is. One way to solve this issue is to spread the word ourselves, everything we know, with references and sources. Share information with friends, family, and others in our community. The more we talk about it, the more people will learn and understand, the more people will be interested in crypto currencies. |
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I recently read, an article about WEB 2.5 a conceptual term used to make a gateway between WEB 2.0's products and services with WEB 3.0's decentralization. But the question that arises here is, Why is there a need for WEB 2.5? Because there was no mass adoption of decentralization, many projects were coming into the market based on WEB3 but most of them failed to get traffic. Why? the reason was difficult for me. Like, I thought, every new technology takes a lot of time to get mass adoption. For example, If we Observe BTC, then it took almost 14 years to get globular adoption but still I think it's not that mass. (maybe I would be wrong but that's the way of perception of every mindset). So maybe Web3 will also take time. I know many decentralized swaps and exchanges are in the market like Uniswap and Aave, which has great traffic and adoption but I am talking about other social media, games, and educational projects facing adoption. Like DeFi, which is one of the use cases of Web3. Why do i think that people did not care about decentralization?
According to Worldometers, there are around 8 billion of the population throughout the world (not official) and out of which, 5.16 billion are using the Internet, and from that 5.16 billion, 4.76 billion of internet users are using Social media platform. -snip- As we all know, Social media platforms are centralized ones, like Facebook, Snapchat, Instagram, and Tik Tok, etc. If we really want to remain anonymous by leveraging the features of Web3 then why are we using these centralized platforms? Maybe we are so dependent and addicted to these. Maybe due to mass adoption of it, because where there are more people there is more business and money too then why making effort to shift to another (easily)? The same scenario goes for crypto as well. Like, in crypto there is more trading volume on centralized exchanges while less on decentralized ones. Why? due to less adoption and knowledge may be due to less trust also. What are your thoughts on it, like if we really want to remain anonymous and want to get more control of the internet by leveraging Web3 then why we are riding on the boat of Web2? Why are we still sticking to centralized platform? You're right, some people do care about decentralization, but they still end up using centralized platforms out of habit or convenience. It's kinda funny how we don't always notice that are giving up decentralization by using these platforms. But in most case, it is because of how easy it is to use those platforms. Web3 and defi stuffs are new to most people. I guess it takes time for everyone to really get the hang of it and switch to decentralized alternatives. As more people become aware and new decentralized options get user-friendly (which lets be honest, is not at all), we'll see a shift towards those tech. But for now, it's all about spreading the word and making people feel comfortable using decentralized methods. |
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You're right, bear markets can be tough, more for those that are newbies. But remember, you only lose money when you sell at a loss. So, if you can hold onto your bitcoin during a bear market, you're not actually losing anything. The market will eventually recover, and those who have the patience to wait it out can benefit from the eventual upswing/reversal of the market. Just don't panic sell. I think there're more problems facing bitcoin entrepreneur in a bear market
Bitcoin entrepreneurs? Same applies for them. If they hold and don't sell what they receive as payments, they will be fine. And they usually adjust the price with the current value of bitcoin. So doesn't affect them much to be honest. |
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Bitcoin investments is a very promising investment which although seems to be of long term returns.most persons are not patient enough to wait till the value of Bitcoins rise significantly .
Soo in general how much should one invest in Bitcoin should it be "how much you can easily invest without stress " or "as much as you can invest at all cost"
Although I am aware it isn't a do or die affair
If you aren't new to the crypto market, then you already know the golden rule for investing in crypto currencies. Only invest what you can afford to lose. So, put in an amount that won't stress you out too much if things don't go as planned. Money that you don't need and won't affect your life if you lose it all. Remember, Bitcoin can be volatile, and you shouldn't put all your eggs in one basket. I mean, invest most of your coins in bitcoin, a little in altcoin and the rest somewhere else. Diversify your investments and always do your own research before investing. Think for long term profit. You won't get rich over night. |
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By top altcoins, most people actually mean coins that are well established and has active team that keeps on developing their project. They have a community where they actually contribute to the project (instead of screaming when moon or trolling around). Usually, those are the coins that are on the top based on marketcap. Usually it is "safer" than to invest in other random altcoins. Yeah, they don't always stay at the top. Eventually, other altcoins takeover, but you losing a lot of money is very unlikely. Just make sure you do your research and invest only what you can afford to lose.
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It's not very hard to find and get a credit card. They can be useful, but you have to be very careful with them. You need to use it keeping in mind that the money you are spending "isn't yours". Using it for emergencies or small purchases you can pay off each month is a good way to use your card. Just don't go overboard with spending, and always track your expenses. I have seen people racking up their credit card bills because they never actually made a plan on how to repay the bank and ends up suffering. Make sure to pay off your bills in full each month, to avoid heavy interest. If you use it wisely, it can help build your credit score, which might help you in the future to secure loans for more important things. As long as you have good spending habits, you won't be in trouble for using your credit card. Just make sure to spend responsibly.
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Owning one whole bitcoin might not make you rich in 2023, but it has got potential to grow in the long run. Maybe after a decade or you, so might be rich enough to not worry about paying the bills. The Markets can be crazy though, with no guarantees. You might also have less that what you have after a decade.. you never know. Is it possible to gain financial freedom? What exactly does financial freedom means in context of Bitcoin?
Financial freedom means you have enough money never to worry about meeting your basic needs and being able to lead a decent life without any issue. I don't know what it really means "in context of bitcoin", but I guess its you having a lots of bitcoin that can help you cover all your bills and needs no matter is the market is going down or up. |
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