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361  Economy / Gambling discussion / Re: Does prediction in sport work for you? on: April 05, 2024, 12:26:29 PM
I have never relied on predictions provided by prediction sites, even since I first got to know sports betting. Because I think that the predictions provided by them are also inaccurate and why should I rely on something that is inaccurate, since I can analyze it myself and make my own bets without using the help of a third party. Moreover, analyzing bets yourself is better than relying on a third party like that, because we can learn to analyze the game better and this can give us experience that helps us bet better in the future.
You are very right, gambling in it self is highly based on probability so it's not really reasonable enough to start depending on something that was actually predicted by someone out there to place your funds as just like your predictions do fail at times, so can theirs too also fail at times so you should most definitely not expect to just get a win like that from their games, if you have got the whole time, even after taking their predictions, you can still take out time and make your own analysis and then bet accordingly so you will always have the opportunity to giving yourself that edge that you needed to stay ahead and make some good profit.

Gambling isn't something we should do based on other people's perspective although with experience sometimes these ideas been shared by these people could actually come out very useful to the point we would get to win some money off it but then it's not such that we should place a good levels of dependence on it.
You absolutely nailed it. Gambling is a numbers game. Betting blind, just following someone else's picks? Thats a recipe for disaster, a terrible deal. The best gamblers, the ones with the real winnings, they trust their gut. They do the analysis themselves, the best analysis. Not everyone's a betting genius, so listening for advice is fine. But build your own knowledge base, use that beautiful brain of yours, because your own insights are your biggest weapon. Its about smart gambling - making those calls based on your understanding. Thats true power, thats how the winners play.

Well said. Relying on Gambling sites should be followed with caution because you are simply following some else perception of the game neglecting your own view, so the best approach should be that there predictions align with your analysis of the game and not be a blindfolded person.
Some  gambling sites have good win rates, so before you follow or subscribe to any you ensure they have good win rate and reputation as some now are controlled  by scammers and also form affiliate with some casinos to lure people believe and entrust there money into gaming with them, which lead to losses.
For me i simply follow my rules and  only gamble based on my predictions, won't take like to take additional risk to place a bet based on some else predictions about the game. In my early days of gambling when I didn't really know how to go about it, I do follow predictions from people and sites, I lose and also win, overtime I learnt and began to dwell upon my analysis and predictions.

In as much as those sites are runned by humans, we believe have good gambling skill, why not also develop and create your own edge, so as to build your confidence in your game, because following those sites reduces your confidence when you try to gamble yourself.
362  Economy / Services / Re: 👉[Open] ▄■▀■▄🌟Bitvest.io🌟 - Plinko Signature Campaign, Member+ {Funds Escrow] on: April 05, 2024, 11:36:47 AM
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363  Economy / Gambling discussion / Re: How can we help beginners not to get addicted on: April 04, 2024, 11:06:12 PM
I think it's oneself before one go into gambling he/she should have done a thorough research and assimilated every rules and regulations guiding it inorder to know how to go about it,it's not about awareness  it's about understanding what you are about to go into .
Some just come up with the mindset of making money so quick and end up becoming addicted with being informed..just as they say an Investment in knowledge pays more,you can't venture into something without knowing the full details of what it is.


Ordinarily, one should know exactly what he/she is getting into and that doesn’t exclude gambling. I agree with you that one should know the pros and cons that comes with gambling along with certain tips to avoid financial ruin. But then, people are too hasty and in a rush to enter the gambling scene while having a false orientation about earning huge sums from the activity.

A lot of people have that belief that there is lots money to be made through gambling and while trying to get that huge sum, the individual could, without realizing it end up getting addicted.

People get addicted to gambling because of high expectations of winnings that they haven't seen yet, but believe would come. So even in the phase of losing streaks they will keep on, it would also interst you to know that Gambling stimulates our Reward system (in the brain), just like Dopamine is to hard drugs which act subconsciously that even when you don't want to gamble you feel the need and urge to.

The truth comes when we accept that the outcome is unknown, which we help (limit) the way we gamble, our risk tolerance, and our expectations. Thus we pay much attention to other areas of our lives, and gamble with passive income only. This can't be overstretched as everyone need to be disciplined and also know that the demerits outway the merits.
364  Economy / Gambling discussion / Re: Does gambling excites you ? on: April 04, 2024, 10:46:53 PM
Gambling isn't exciting in anyway except during winnings, for me am putting my money at stake with my risk tolerance in check, its not exciting the way you seem to put it. Gambling is no fun, unless you wanna throw away your money to the casinos.
Those who take gambling as fun for me have enough money so they don't bother or care about winnings that much. Let take Drake as Example he gambles with millions of dollars and loses all but yet doesn't stop him from gambling, putting this to lesser income earners or middle class it not funny, some will suffer of depression, regret and self-guilt.

There is a saying among Gamblers what excites you most kills you, at times the excitement from our winnings blindfold us.
365  Economy / Trading Discussion / Re: Success is a meaningless word without failure. on: April 04, 2024, 10:25:30 PM
so the question here now is 'who is ready for failure while everyone wants to be successful'?

success is actually meaningless word without failure,

Failure is part of the process to be successful, its what fuels our mind to hunger for value and success.  True success is meaningless word without failure, it is the word failure that qualifies the word success and the reason everyone wants to be successful. If failure wasn't in existence no one would actually know the value of been successful like I would always say;  F is what qualifies A  in grade or any examination, if we only had A, when everyone is having A it loses  it value.

In as much as success is part of the process, and we learn from it, doesn't mean we should keep failing,even in our  trading system if you keep losing more change the system don't fold your hands, look, research and find what's making the difference.
Failure should build than break us, should be a major reason we want to be successful. Accept and learn  from it.
366  Economy / Economics / Re: How does one know and join the right community after a job loss? on: April 04, 2024, 10:04:45 PM
OP are you implying that after a job loss that's when one start chasing there dreams or realise there hidden potential?
Nevertheless, you only join community that have similar interests and goal as yours, with positive members that will enable you develop and leverage more on your skill set to achieve your aim. The community should have proven results not a  community made up of under- performers.

If one truly have a dream he/she would put in efforts to achieve it and won't work or go contrary to it, so for me OP that's not a disappointment but rather a blessing and a chance given to you to build, commit and engage and take action  towards fulfilling  those dreams to make  it reality.
In essence the proper network is needed.
367  Economy / Speculation / Re: BTC Sentiment Poll for April on: April 04, 2024, 09:44:12 PM
From my chart analysis $71k is a strong resistance zone, that price might not break, price is fluctuating within the $65k support. I would like to see price test $70k and drop to range between $60-$70k this month.

Fundamentally Buyers can decide to absorb sellers by pushing the price upward to grab liquidity before any drop in respect to halving.
368  Economy / Trading Discussion / Re: The hanging man between the bull and the bear. on: April 04, 2024, 09:25:54 PM


When prices opens higher and closes lower than the previous day's price the hanging man is bullish, while When prices opens lower and closes higher than the previous day's price the hanging man is bearish,
The hanging man points out the conclusion of a potential negative trend and potential start of a bullish trend.
The limitations of this pattern is not to be overemphasized  as this pattern is only an average predictor and better if you look at particular qualities, but there are indicators to look at for that indicates the probability of a price decline following the hanging man.
Looking at bearish hanging man you can time your sales with them before entering any other trade, examine movement price to previous resistance levels to spot a hanging man pattern.

You are quite good in TA, but you misunderstood something here,for simplicity;
If price sweeps previous day high (PDH) and closes lower it signifies bearish or downtrend while if Price sweeps Previous day low (PDL) and closes upwards it signifies uptrend or bulls taking over. In contrast it has to do with sweep of liquidity at those low or highs but when it runs it signifies continuation of trend.

Note this act as a confluence and not a financial advice. And should be carried out after proper backtesting.
369  Economy / Speculation / Re: Buy the DIP, and HODL! on: April 04, 2024, 09:03:00 PM
Bitcoin market from 70 thousand dollars suddenly touched 66 thousand dollars, although I lost some money due to this temporary dumping of the market, I still see this change in the market as a big opportunity to make profit by investing. 

The price of Bitcoin naturally and a few days ago was 70 thousand dollars at that time many investors invested and some investors were waiting for the price of Bitcoin to drop a bit. That's why some investors were waiting for the price of Bitcoin to fall because they would have the opportunity to buy more Bitcoins at a relatively low price. Opportunities have arisen for these investors because the market is dumping a bit, at this time if those investors invest in Bitcoin and wait for a few days, they can make good profits in a short period of time. I already have enough amount of investment, then after seeing this temporary dumping of the market, I am planning to add some more amount of investment to my total investment.

I have made a deposit account which I have paid a few days ago, I want to withdraw the money instead of keeping it in the bank and invest in bitcoins because the price of bitcoins is relatively low now. If I invest now and hold for a short period of time, I will still get a good amount of profit from my new investment, which I will not get if I keep the money in the bank. 
Hopefully this will definitely be the best step for me in investing and I will be able to invest all the money in my deposit account and achieve success.
Be careful on how you go about this thing. With your explanation it's seems like you are in for this short time profit hunting in bitcoin investment and you might get hurt along the way depending on the approach you have Decided to use. Yes you are right that money kept in bank will not yield you any profit as compared to when invested in bitcoin. But you have to understand that for you to see substantial profit in bitcoin you don't have to have this short term mentality that you are chasing, using all your deposit in the bank to buy bitcoin and waiting for it to rise a little for you to take profit is not very healthy. What happens if bitcoin doesn't rise within the time frame you were expecting it to rise so you take your Little profit? It simply means that you will sell your bitcoin at a reduced price for you to feed since your expectations were not met. We don't have control over the market to know the exact time it will recover, that's why we invest in it for a long term, so that no matter what happens along the way, we are not bothered because we already have all this planned out, on how to run our life without panicking. Don't use all your savings and invest in bitcoin and hoping to get good profit within days or months, it will backfire you and you won't like the experience. Rather have a long term mentality when investing in bitcoin, and when you are in for the long term, you have to make sure that your emergency funds are in place.
the problem with some folks is that they ignore some key fundamentals which is what's necessary for effective decision making. Once you're looking at investing all your fortune into an asset that's as volatile as Bitcoin without making proper plans and you're expecting an immediate profit within intervals of weeks or few months, it goes to show you don't even know how investing into an asset as Bitcoin works and that you're possibly gambling with your money or possibly in search of anything that's available to double or multiply your funds. Now here is the take; as promising as investing into Bitcoin his, if you go about it with the wrong mentality You're invariably going to face similar fate with folks that Hold on to shit coins and continue waiting for the moment when it will become bullish and it never happens.

For you to effectively invest into Bitcoin and get the necessary profit, you must fix these key variables right;

1. Know the amount you can comfortably allocate into your investment that won't affect your needs
2. Device a stacking methord that works well for you based on your financial strength and this is where using DCA methord, bulk purchase or front loading comes into play
3. Set out an emergency fund that serves as a wall to protect your holding
4. Stay disciplined such that emotions and unnecessary event don't come up to take off your holdings.
5. And then you can work on ensuring that your holding is safe and secured from any intruder or hackers
6. as an important point, take off every sense of ponzi scheme mentality that makes you feel like you can just invest into Bitcoin today and get the expected profit in no time. You've got to be patient so you can stack up a good amount of bitcoin before thinking about making any profit. At the stage of your accumulation, if you're just concerned about making quick profit, then you obviously need to have a rethink.


Well said. Generally everyone is fuel with there own decision and choice about what they do.  This guy is simply neglecting the fact that we only react in a financial market as past success doesn't guarantee same future result.  Like I would always say why most persons loss in the bitcoin market is over expectation, which turns them in to leverage irresponsible and become naive about there investment. Investing in bitcoin within a short-term horizon just to make profits off the market shows a greater height of quick money which isn't sustainable, I won't want anyone to take  such step like investing all your money into bitcoin is bad ( we must always note that we are in a financial market regardless).

What differentiate investors is the discipline, commitment, and risk management applied to there portfolio over time, not being impulsive about getting money quickly off the market but focusing on building a solid portfolio.

In a nutshell know and act within the means of your Risk Tolerance.
370  Bitcoin / Bitcoin Discussion / Re: How safe is saving screenshots of useful information and BTC transactions? on: April 04, 2024, 08:38:15 PM
I would say that saving screen shots of anything financially that isn't on some sort of encrypted drive is likely not a very good idea.  I mean if someone really wanted to hack you, then this could help lead them to knowing you've got crypto holdings, and help them get that much closer to potentially being able to steal coins from you.  Now this is certainly not guarantee, I just think it would be smart to not save this type of stuff on your PC.
I dont think that everyone individual has the fear of being hacked, mostly because they got free flowing funds or they have nothing really both in their account and personal life, that's worth hacking away at.
For transactions that have already been concluded without reference to personal details or account statements, such transactions can be screenshoted incase it was a valued transactional detail.

To be used for possible future referential purposes or confirmation after that, it should be deleted.
Some  sites have anti-screenshot features, since he is starting overtime he would value privacy and security of crypto asset. Even on our mobiles we hide our Wallets, remove every possible trace of transactions and even cautious of links and sites we visit. Since he has formed it as a habit, don't be surprised he can also screenshot passwords to his wallet which the later becomes history.

As a friend with your exposure and valuable insights you can initiate a discussion Bitcoin ,then hit the target from there without him knowing or Sensing it to safeguard him from possible danger ahead.

Saving of screenshot whatsoever is threatening now, security issues everywhere, you're invariably exposing yourself to criminals and haters that can set you up after they have seen those screenshot believing that you always carryout such transactions.

Just like the case of your friend, if you had any ill feelings towards him this would might propagated more hatred, envy and jealousy towards him and you look for means to silence him financially.
371  Economy / Services / Re: 👉[Open] ▄■▀■▄🌟Bitvest.io🌟 - Plinko Signature Campaign, Member+ {Funds Escrow] on: April 04, 2024, 06:37:28 AM
User: Bravut
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372  Other / Off-topic / Re: No interest in gambling if there is no profit or fun to be accountable. on: April 04, 2024, 01:42:17 AM
I don't know why people are somewhat making justifications with themselves that it's only "wins" that make it fun when gambling. Yes, winning is fun but you have to understand that gambling is a risk and that's something that you should be able to take and understand. It's not always going to be profit profit profit, you know? There would be ups and downs like in the market and accepting that would be a mature thing to do.

If you are not interested in something, then just don't do it.

Well said.
Accepting the outcome is the difference. Gambling is a game of uncertainty,so before you put your money in line you should bare in mind to accept any outcome and play according to your risk tolerance rather than having the gain in mind and think less of the risk involved.

This is one of the daily problem of most gamblers, they consider the gain before the risk, because of such they outrule there risk tolerance also putting relevant funds into gambling expecting to win regardless, when the reverse becomes the case they become depressed and look for Ill alternative to revenge there loss, which then end them in jeopardy.
373  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: April 04, 2024, 01:24:46 AM
For me, the first Real vs City game looks "easy". Not that it will ever be easy of course, but Manchester City is trying to win the premier league, so they can't really rest their players in the league games, if it was like last year when they were ahead so much, they could have rested some of their players, but right now that is not possible. Considering that as a problem, we could see that they have a game, and then they will take only 2 day break and then play Real Madrid, who will be rested.

This is why betting on Real Madrid to win that game seems like a good idea to me. I can't guarantee that though, I mean City could still end up winning of course, they are a great team who can do so much, I am just assuming.

Same here, this kind of match I don't bet on it because looking from both sides (line up, stats), both are aggressive.
But am sure Manchester City will win to keep the title, looking at last season they won against same Real Madrid at semi-final beating them (4-0), not failing to recall that Real Madrid have won thrice, while Man City have won 4 times. This isn't the time Pep would  like to take chances.
Courteous and Alaba are on injury for Real Madrid which would have effect on them, Man City cooking hot. Win probability is high for Man City,. When it comes to football though we can't accurately predict the outcome but for me when Man City is involved I know something gonna happen.
374  Other / Beginners & Help / Re: Is age a limitation in Bitcoin on: April 04, 2024, 12:59:34 AM
Hi there to all of you. One of the most amazing things I've noticed about Bitcoin is that it doesn't have an age requirement before using it or creating a wallet. In traditional banking, however, one must be 16 or older to open an account, unless they have assistance from a guide who helped them do so. Additionally, no matter how young you are, no one can question you about how you make money because no one keeps an eye on your wallet.


Centralized systems have age restrictions.  In the bank, a young boy can't open any account and I think a person above 60 also can't open Bitcoin but thanks to Bitcoin it releases us from this tension. If you know about Bitcoin you can invest and earn money and no one has the authority to ask you about it. This is the real financial independence that Bitcoin gives to us no one has any right to ask you about your profit and your age restriction but I think a 16-year-old boy is too young for Bitcoin investment perhaps Bitcoin won't ask him about his age but understanding bitcoin is also necessary if you don't then how will you earn and safe your income.

The requiring factor is proper exposure and the right information impacted to him. We know psychologically Development goes along with Age and generally the accepted legal age is 18 years.

The sole reason for age restrictions in any financial market or transaction is because, they consider you don't have a proper source of income to finance your portfolio and at  that stage don't have enough emotional intelligence when it comes to investing.

In a decentralized system like Bitcoin the most important factor is knowledge and understanding to help you in good decision making process, it's not a matter of age, the financial world is open to all.
We have seen youngsters with result that started investing from 15, 16, 17 years of age.

Prioritizing the right skill set over age, we can consider one an adult yet he is making silly mistakes and decisions.
375  Bitcoin / Bitcoin Discussion / Re: Bitcoin Bank - Safely store your bitcoin on: April 03, 2024, 07:20:59 AM
My idea would be to create a bank to safely store people's bitcoin and other crypto for people who just want to hold for a lot of time.
They would register with the passport or ID, it would cost 100 GBP + 1% to deposit and verify people's identities.
Then, to withdraw, it would take 3 months, they would have to show the passport and have a meeting via zoom once a month during 3 months stating they would want to withdraw, it would cost 300 USD plus 1% of the value.
It would compensate for people who want to hold for a lot of time without having security concerns.


How will you think of creating  bank in a decentralized system where you have control over your asset (Bitcoin). Security of your wallet or Bitcoin is up to you, besides there is accumulation addresses where one can keep his Bitcoin over a long period of time.


Am not sure you understand what how bitcoin network works, what Decentralisation means.
I think ETF can help in this situation though, just like how Grayscale operates, make investors worry less about there asset in terms of security, buying and selling of Bitcoin. If this is what you mean.
376  Other / Archival / Re: Are investors investing in Bitcoin at ATH now are fools ? on: April 03, 2024, 12:06:08 AM
~snip~
Whenever we invest in bitcoins with our target and accumulate bitcoins from there even if the price of bitcoins goes down, we will be able to hold it no matter what our objective is to reach the target. We can buy bitcoin anytime we want but whenever we buy bitcoin we have to hold it for a certain time limit.
As someone who can be said to be more advanced regarding Bitcoin compared to those who are just starting out, this strategy must be very familiar here and always guides everyone.

So just keep accumulating bitcoin holdings regardless of current market conditions, whether they are bullish or bearish. keep buying and holding for the next 4 years. Surely you will feel how great investing in Bitcoin is. It can even beat the investments in the stock market that people out there have made. and never act stupidly and panic when the price of bitcoin drops and then sell it. in fact it is a better time to buy bitcoin at a discount.

I don't see the reason why most persons care more about Bitcoin current market condition and careless about building there portfolio. Bitcoin keep appreciating regardless, past histories and present data show the promising future of bitcoin, so it doesn't matter whether bitcoin drops or pumps what matter is your investment portfolio, accumulating enough out of bitcoin.

We must know in any financial market there is three phase either uptrend, downtrend or consolidation. These phases also have sub structures inside of it, we know bitcoin is in uptrend,  so why the panic.

My only advice is that the high expectation on bitcoin should be curtail so as keep your emotions, greed and risk tolerance in check, I guess this is where the problem comes from, that why only a pullback or drop some begin to sell off rather than accumulating more.
Looking from different perspective  probably they might have made profits off there holding, still doesn't satisfy the need for investing in Bitcoin with a short term view.
377  Economy / Speculation / Re: 100 Push-Ups A Day Until Bitcoin Is $100K Challenge on: April 02, 2024, 09:11:26 PM


.
For me, I do 20 push-up per each set, At 2 intervals I go fast and another 2 intervals I go slower  most at times it very much difficult pushing after a slower pace interval.

My next target now is increasing my count from 20 to 25 per each set, also doing 20 squats before my push-up.

Just a friendly reminder that my count has increased from 20 to 25 per each set, still following my normal routine of 20 squats before push-up. I feel my upper arm heavy as I increased my count, I feel good after though looks like I just hit a jackpot.

Cheers to everyone participating in  this challenge.
378  Other / Off-topic / Re: Can family members help a gambling addict? on: April 02, 2024, 11:31:46 AM
Many people are going through gambling addiction but they manage to keep it a secret from their families and loved ones. The only people that know about their gambling activities are their close friends. In the event that you are one of those close friend to a gambling addict, do you think it is right to tell their loved ones with the intention that they will be able to talk to him and help him overcome his addiction? Can the advice of loved ones even help? What is the most effective way of going about gambling addiction.

There's a reason why a gambling addict don't tell tell families about their addiction, and a close friend should respect that. If you really wanted to help, better ask your friend's permission first before you tell it to anybody, especially their family.

The reason why they don't tell it to their love ones is that they are afraid of getting judge, instead of getting sympathy and help from them. Not all people have a very understanding families, mostly they've got toxic one that's why they do stuff that will get their families attention.

The only help they could get is from a friend who is willing to guide them in a different path that's going to cure their addiction.

Before a friend can open up to the concerned family there is already a cordial relationship existing between both parties, if the reverse is the case no need you only help your friend (addict) to curtail such habit.
He has reason for not opening up, furthermore in a family where there is love and harmony, the individual won't hesitate to open up and seek advice from his family (love ones).

The family plays an important role, and can help out in such case with love, and care not being judgmental, bringing up activities that occupy such individual, also teaching them how to channel there money into other meaningful activities other than betting sites, casinos,etc.


But the major solution will come from acceptance and discipline on the part of the individual (addict) to move on and invest into other areas of his life that will be beneficial to his general well-being.

379  Economy / Economics / Re: Saving don't make wealth on: April 02, 2024, 11:05:15 AM

but indeed sometime investment carries risk so its rather understandable that some people just don't have the bravery to risk their money into investment.

Nothing worth achievable comes without risk, even saving is risky.
Everyone has personal motive and decisions that fuel there minds, but I haven't seen anyone live there dream life without taking risk.

Some just have guts, to invest with the proper knowledge, risk tolerance.
Likewise some that needs bravery, will give accolade in due time when they see results.

As Warren Buffet would say "You choose to work for your money or Have your Money work for you."
Its just a game of choice.

380  Bitcoin / Bitcoin Discussion / Re: Bitcoin is A Beacon of Hope for the Present and Future on: April 02, 2024, 07:25:08 AM
I do not believe that Bitcoin is the solution and hope for all your economic problems, but rather it has removed the need for banks or any third party to control your money. If you want to send or receive your money across borders, you can do so without it being frozen or an employee asking you for a lot of information about you, but the solution to your economic problems begins with learning. Reducing your expenses, saving and investing, Bitcoin can benefit you as an asset with increasing value.

Nugget. Bitcoin is only one of the valuable means to curtail your economic problems. Likewise investing in a promising asset like Bitcoin overtime will yield more dividend for you.

In a world with centralised economic system runned by governments, Central Banks, bitcoin have given freedom to own and manage your assets yourself also helping one while making  huge transactions (currently most transactions done is carried out in the bitcoin network).
Most persons now save and liquidate fait  from banks to bitcoin network because of bank charges and inflation related value losses, and ensuring more security over there assets.
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