Bitcoin Forum
June 21, 2024, 02:47:50 PM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 [186] 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 »
3701  Bitcoin / Bitcoin Discussion / Re: With all your assets, Investing in Bitcoin is really a madness or beneficial ? on: August 21, 2021, 01:20:35 AM
A USA family sell all there assets and with that amount they invest in Bitcoin in 2019. as in 2021 BTC was on its peak ! So they get huge profit.

This is a case of one putting all their eggs in one basket, though may seem beneficial, but is relatively dangerous and unadvisable because you may loose everything at a go. What some smart investors will tell you is to diversify, that is spread your money into different good investments which is better.
3702  Alternate cryptocurrencies / Altcoin Discussion / Re: Keep casino tokens or sell for new investment? on: August 20, 2021, 03:03:59 PM

Casino tokens were created primarily for the gambling platform that you play in. Without any movement or anything at all, it is better to dispose them and convert them to cash to purchase another investment- but then again, it depends on your priority at the moment.

If the casino tokens in question are the limited edition casino tokens that are priceless and that you value priceless items and a collector, it is okay to keep, but if otherwise, and a bright investment options surfaces, selling the casino tokens is okay.
3703  Economy / Gambling discussion / Describe your first gambling experience? on: August 20, 2021, 02:07:52 PM
Free money! Was what i shouted the first time i gambled on a virtual soccer match and i won, i was so excited and intrigue at the way my small money had increased by 6 times in just a moment, i said to myself quietly, it seems like gambling is good for me, little did i know that i was already getting hooked on to the game.

After winning twice on my first attempt, i acted smartly and told the customer attendant that i no longer wanted to play, i demanded for my earnings, once i was paid i hurried off away happily.

I had played a couple of times afterwards and lost but it never did dawn on me until i used the money meant for my tuition to gamble, lost to games my friends promised were "sure odds", and was almost faced with the option of redoing a whole semester for the reason of no tuition. This is worst gambling experience.

Please share your own best and worst gambling experience?
3704  Economy / Trading Discussion / Re: Taking vs investment on: August 20, 2021, 11:40:56 AM


Crypto trading:
Trading involves the buying of one commodity in exchange for another it could be something of either a higher value or lesser value. For example if you buy ETH in exchange for USD it's called Fx/crypto trading. If Bitcoin is exchanged for ETH then we can say Crypto trading has taken place and this requires lots of analysis.

Investors :
This are crypto experts who understands which coin or token will do well in the near future by studying previous chats or following up with news related to crypto generally. This also requires some level of technicality. This experts study coins newly listed in various exchanges, follow up on news released by their fellow experts as well as tweets by crypto influencers.


It is also worthy to note that you can find a lot of investors who are not traders, but very few traders who are not investors.

Most traders have a portfolio that they have allocated for investments, it is just that because they are not completely patient on waiting alone for their investments to yield profit or not too satisfied with the profit margin, hence they seek to make more profits for themselves and their portfolio, so they branch into trading.
3705  Economy / Gambling discussion / Re: [Boxing] Canelo Alvarez vs Dmitry Bivol on: August 20, 2021, 05:00:21 AM
Even then it is difficult to see Canelo losing this fight even at that weight, Canelo right now is at his prime, he has his best physical condition, his body can take the most damage and he now has enough experience to create an intelligent plan for the fight, honestly I do not see him losing this fight regardless of the weight, I know that Bivol is good but it is not anywhere close the level Canelo is in right now.

I would have really loved to see a fight between Canelo and Caleb being that Caleb has a championship belt that Canelo wants to make history as the as the first undisputed super middleweight champion in the IBF, but since negotiations have fallen out, i guess this fight with Bivol will suffice even though just reputation and not their championship belts will be at stake.

Just as you said, Canelo is a favourite for the fight against Bivol, his morale is really high from his last three fights agains Callum Smith, Avni Yildirim, and Billy Joe Saunders. I hope Bivol can match his momentum.



3706  Economy / Economics / Re: If you can get paid through cryptocurrency, do you still choose fiat currency? on: August 19, 2021, 11:03:57 AM
Many companies are also considering allowing their employees to choose to receive partial or full compensation in the form of cryptocurrency. If you can get paid through cryptocurrency, which one would you choose?

If i work in a company, and they offer to pay me in the form of cryptocurrency, i'll love the idea but will also accept to receive a fraction or percentage in traditional fiat currency especially if the company salary is my sole source of income. My reason being that i like to consider any money that enters into my cryptocurrency account as an investment and a last resort and will not want to develop the habit of always selling my coins to get fiat that will result if i permit the whole payment in cryptocurrency.
3707  Economy / Economics / Re: Warning against CBDC from bank of Ghana on: August 19, 2021, 04:14:26 AM

In my opinion having a digital coin created and controlled by the central bank is no good than using fiat currency...

The people in government know what to do sometimes, but they just avoid doing it sometimes by hiding behind the act of them trying to do something. It is all a charade.

They know cryptocurrency takes the power out of their hands, so they don't like the idea, so they try to bring their own digital currency...but because information is free, we all know that it is not acceptable so far as it remains centralized and them in control.



3708  Economy / Gambling discussion / Re: Man lost £20,000 in one night after becoming addicted to online gambling! on: August 19, 2021, 03:42:28 AM
... I think people know the risks yet they still try.

People know the risk and still try because it is called gambling and they are well aware that it is a game of chance which they have misinterpreted to call luck, and they always tend to believe that are lucky and whenever they are feeling lucky, they always want to play and try out their luck as well.

Also, just like other vices legal and illegal, people are well aware of the negative effects even before they try or start it. As a matter of fact, they have accepted it, so they don't care.

Others just like to hide behind the saying "No risk, No reward".


3709  Economy / Economics / Re: Would you be able to take an additional work if required? on: August 19, 2021, 02:55:45 AM

What is the situation in your country and for yourself? Would you be able to land additional work for example working with crypto, selling stuff on-line, youtubing or something else?

In my country, it is not advisable to completely depend on earnings from one job because there are price control body here or the one we have is no longer functioning, so you can see the prices of commodities in the market or the price of services changing very quickly and abnormally.

So if you don't seek out ways to diversify and increase your income, you might soon find out that your income is not enough to support your ever increasing expenditure, and the government here is not helping issues.

You can take additional work, or start a side hustle, whichever one it is, you just have to ensure that it doesn't take up completely your free time and disrupt your peace.
3710  Bitcoin / Bitcoin Discussion / Re: Bitcoin solving the problem of intermediary on: August 19, 2021, 02:33:29 AM
Bitcoin and cryptocurrency has really been beneficial in eliminating some of the problems we face when making transactions through an intermediary (the bank).

I once had to go buy some materials i use for work from a supplier, i moved money from one of my bank account with money to another that  had nothing, i did so because at that point in time, that was the only bank account i had with a functional ATM Card. Having done this, i set out to my suppliers place which was like an hour away from my residence. On getting there, i noticed that the transaction i did some hours ago had not been posted probably my the staffs of the bank maybe because of their workload or something... I waited for over 4 , hours at my suppliers office hoping to receive the money i sent to myself, but didn't. It was Getting late, and i had to return home...at the mid of the night that day, i received the money, but i was already angry because i had wasted my time and money i used in transporting myself there.

Since i switched to payment in cryptocurrency, transaction with my supplier has been hitch free because he is crypto conscious. So whenever i make a crypto deposit to his wallet address, it reflects within minutes and the problem of waiting for a lazy or overworked bank staff to post money from one account to another has been eliminated.
3711  Economy / Economics / Cryptocurrency and entertainment. on: August 18, 2021, 03:40:03 PM
In the entertainment industry, entertainers need the news to trend and remain in vogue. Be it a good news or a bad news, it puts their names up on blog post, newspaper headlines and most importantly in the mouth of people. We can deduce from this that Entertainers need the news to stay valid and in vogue and without trying to constantly be in the news be it for a good or bad reason, they can fade away and people quickly forget.

(Replace "entertainment" with "cryptocurrency")

In the cryptocurrency industry, cryptocurrencies need the news to trend and remain in vogue. Be it a good news or a bad news, it puts their names up on blog post, newspaper headlines and most importantly in the mouth of people. We can deduce from this that cryptocurrency need the news to stay valid and in vogue and without trying to constantly be in the news be it for a good or bad reason, they can fade away and people quickly forget.

Been thinking - What do you think is the biggest news cryptocurrency needs that will increase its popularity?





3712  Economy / Gambling discussion / Re: What lie did you tell? on: August 18, 2021, 05:27:36 AM
On that faithful day I got attracted by the crowd and I felt it was too easy to play after watching the board man shuffle series of games I was able to spot the match box without staking and at that point it appeared too simple. I had to stake $4 for a start and I won $8 I was so amazed at how easy this game was and I had to stake the entire Fiats currency in my pockets which was about $45 and ended up losing everything. I became confused all I could figure out is the lies I will tell my parents on how armmed rubbers met on my way and took away the fiat meant to buy foodstuffs.

The people you met were all criminals trying to make a dubious Living by preying on the innocence of bystanders and taking advantage of your greed. There is a popular saying -"the more you look, the less you see'' and that is exactly what you fell a victim for.

I have been a victim of this type of cheap gambling scam before just to discover on observation that most of the people standing around such places all know themselves and act like they do not. ( They are all members of the same dubious criminal gang) putting up an act, hoping to entice innocent individuals to come play with their fiat.

Don't beat yourself so much, that was your first experience to the street and street gambling and such experiences are meant to make you smarter and street conscious, so truthfully you met robbers, just that were not armed.
3713  Economy / Trading Discussion / How many consecutive looses can you handle in trading? on: August 16, 2021, 08:31:41 PM
It is popular opinion sometimes that a trading strategy might no longer be effective if one begins to loose money while trading instead of gaining.

An important question i ask myself whenever i hear about people complaining or simply discussing a series of consecutive looses they have made while trading using a certain strategy is;

HOW MANY CONSECUTIVE LOOSES IN TRADING CAN YOU HANDLE BEFORE YOU ACCEPT THAT YOUR CURRENT TRADING STRATEGY IS BECOMING LESS EFFECTIVE?

3714  Economy / Trading Discussion / Re: Daytrading vs Holding on: August 16, 2021, 08:08:30 PM
Okay so people keep saying holding is more important...

I'd say they are both important, it just depends on how you look at it.

If it's possible for you that is if you can do the both (day trade some percent of your holding) and you are confident enough in your skills that you can get good results from day trading, it is the best thing to do.

But if you are not confident and still an early trader, please BUY & HODL.
3715  Economy / Economics / Re: FOLLOW THIS RULES TO BECOME RICH on: August 16, 2021, 03:46:37 AM
I have seen several books and rules on how to get rich propagated by individuals who are not so rich themselves but sometimes are dependent on the money they will get from the sales of such books. I do not believe in such rules and do not waste my time in reading such. There is no assurance that even after going through such rules that one will become rich.

I believe the number one and most basic rule of becoming rich is to work hard, pray & focus on what you do while finding a way to do it better,
3716  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: August 16, 2021, 02:01:52 AM
It's a very impressive start to the season for Dortmund and  most impressive  start for Erling Haaland scoring two goals and creating chances for his teammates. He definitely deserves the man of the match that he got, i hope he can maintain performance all season long.

Bayern Munich could have done better, but its better they drew the game and secured a point at least than a complete loss, the team has a lot of quality and i am certain that they will pick up momentum and improve performance in their next game.

For the legend Gerd Muller, i pray his soul rests in peace.
3717  Economy / Gambling discussion / Re: {Boxing} Manny Pacquiao vs Yordenis Ugas on: August 16, 2021, 01:29:26 AM
Manny Pacquiao is my favourite for this fight, from all statistics he is the favourite to win this particular fight plus adding that this may be his last career fight, he will want to put in his best to ensure that the end of his career is spectacular.

Yordenis Ugas on the other hand is a great fighter but i am not certain that he is as experienced as Mr Pacquiao. A win for him will add some spice to his career however i don't think he can overcome the Pacman.
3718  Economy / Gambling discussion / Re: Economic Costs of Gambling on: August 15, 2021, 07:25:36 PM
Why is it that the negatives were only stated? Gambling is a big contributor a country's economy, think about Las Vegas, Macau and other countries that have been opened and known to be the gambling capitals. It is one of the main reasons why they've opened it because it generates money that's helping the economy of their country and local which had brought jobs and taxes. As a gambler, those things are very common and we know that negative effects will occur if we're not careful and if we cannot control ourselves as we gamble.


People often attach negative sentiments when the word gambling is mentioned, because gambling can become addictive, it is what is most feared and is what is considered bad.

As much as gambling is feared, there are also some positive economical benefits to it just as you mentioned,  and some states do not consider it to be illegal because apart from the tax revenue benefit to the state and the creation of jobs for individuals, it also boost local retail sales as some of these casinos have lounges and restaurants as well as rooms that tourist or visitors can patronise.

So if visitors decide to sideline external outlets like the restaurant, hotels and lounges that are in the city to visit a casino, they still spend the equivalent amount in patronising in house facilities like these restaurants, lounges and rooms that these casino's have thus, local retail sales is sustained.
3719  Economy / Gambling discussion / Re: What does it take for a game to "hook" people on: August 15, 2021, 06:10:45 PM
I am asking this because I do have some short of an answer for videogames and for massive multiplayer games and even for social network oriented games. Videogames require a great design, good difficulty grading, an story that engages the user, massive multiplayer and network oriented are a lot about the interactions and how varied and fun these are. However, for casino games, it would seem that these factors are not really the most important ones. You can see games with very basic graphics and design, simple in the options for the player and not that engaging yet they do "hook" people in them.
What do these games have to have for you?

We were all created differently and like different things, sometimes we like things or get hooked to things based on the feeling they create or give us whenever we engage in them. That's why most times, you see an individual claiming to like something for reasons unknown to them or for not reasons not too substantial.

Some like the simplest of things or games, while others like others that are more complex, it is all a matter of feeling created that makes the difference. Some choose video games, some others the most basic casino games, while others may prefer online games. We were all created in manner that there are always people to satisfy and fill in different options, this is the spice of life, variety.
3720  Economy / Gambling discussion / Re: Always gamble with sense on: August 15, 2021, 05:35:26 PM


Sport bets results are never regulated/determined by gambling sites but I still see individual gamblers making quite a huge losses in sport gambling which I believe it's abnormal to me and there is need to have a rethink after much losses.

Could this be normal for one to be having consistent losses in sport betting when result is not even determined by betting platforms?

I don't completely understand what you mean by gambling with sense, but it is a normal gambling mentality that the win comes after several or consecutive losses. That's why you see a gambler repeatedly placing a bet because his expectation is that one day soon he will get a huge win that will cover or account for his losses.

Rarely will you see an individual who has not experienced a loss in gambling or one who has had more wins than losses in gambling. It is  normal for one to experience losses consecutively. What is expected of such an individual is that if he has had a really long run of loosing, he should take a pause to reconsider his strategy.
Pages: « 1 ... 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 [186] 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!