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3701  Bitcoin / Bitcoin Discussion / Re: Bitcoin will be the biggest means of fulfilling dreams in the future. on: September 03, 2023, 04:24:26 PM
I do not mean to discourage anyone to invest in Bitcoin or in any other asset they genuinely believe in, but there are other ways to fulfill ones objectives which do not have anything to do with pure market speculation.

Bitcoin and blockchain technology itself is not a magic fairy which will make your dreams and desires to come true only by believing in them, they are tools which are supposed to help us to manage our money in a independent and decentralized way, but wealth is supposed to be generated in other ways, through production, personal production.

My advice for anyone who wished to achieve their dreams would be for them to study and get education if they have the chance to, education and become a professional in a field which they are truly passionate for, from there it is a matter of money and investment management, to start to produce wealth through one's means, if necessary move to places which are favorable to one's plans.

 
The dream is to put money into education, passion, and self. I agree. Bitcoin is not some sort of magic. Your life wont change over night (or even years). As you can see, Bitcoin and blockchain are about more than richness. The world is change. A period marked by open commerce and a return of people to financial independence.

So, while I agree with your thesis about non-speculative wealth creation, I also want to caution people who dislike bitcoin Bitcoin. Understanding a disruptive technology that may end up becoming a key role in our future financial environment is more important than merely HODLing.
3702  Economy / Gambling discussion / Re: Has your Responsible Gambling had any of these Effects on You? on: September 02, 2023, 06:16:06 AM
as expected, it is indeed that way on how you will lose your money/funds if you didn't withhold yourself from gambling again. In what I noticed my time spent on gambling is that when I wasn't able to do it then I didn't get to withdraw all of my money I won in the casino and even the  budget or capital is also included which means I lose it all. So this is all i can say, once you win decent amount of money then either withdraw all of it or left some sma amount like a sma change to continue playing without risking all the money that you won.
Before Gambling, we should consider our budgets for the week or month, because if we don't take precautionary measures, we tend to lose significant assets and money. Gambling have been the stream where we've generated changes that have clear off unnecessary bills. I'm not saying it's a complete waste of our time when we wager on games, we just make few amendment, moreover I've seen successful gamblers in the space who are keen on influencing the young mind into falling victims in the gambling system. Gambling is risky and also dangerous towards affecting our responsibilities.
First, recognizing the risks of gambling? Well done. Imagine a well-built structure; without a strong base, it collapses. Consider gambling in that context: you should always stick to your budget because it is your base. By allocating a certain sum, you're modeling a "safety-first" mentality in addition to engaging in responsible gaming. Thats the epitome of vindication!

Regarding the successful gamblers you mentioned, they provide as evidence that, when done correctly, gambling is a talent rather than merely a matter of luck. It is similar to figuring out a maze. Patience, a plan, and a little creativity are required. Even though its a problem to influence the youth, lets flip that story. What if these wealthy gamblers turned became teachers, imparting their knowledge to neophytes instead? They teach knowledge, not lure them into traps. That has promise.
3703  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: September 02, 2023, 05:54:02 AM
Now Dortmund has many things for which they can do a lot, with this signing, I think they can do things in a more special and much bigger way, Dortmund is aiming to give it their all to win the Budneslifga this time, they have already been told note that they are not even a bit afraid of Bayern.
They have and got already the things in the past for can making big things , even they lost a few good players in the transfer period this time,
i guess its possible that they can show there true face now , but they need to start it today against Heidenheim with a win and hopefully many scored goals.
Dortmund is not afraid about Bayern Munich.
Fingers crossed that Niclas Füllkrug will get a few Minutes to play and maybe score a goal for his new Team.
Fullkrug are in the reserve for the match. Borussia Dortmund has a 2-0 advantage as the first 25 minutes are over. We can see a lot of goals in this match. Dortmund is too strong for its rival. Heidenheim is very weak against them.
Well, what I've seen is that Dortmund is really in charge! 2-0 ahead in only 25 minutes? When they're in the mood, Dortmund is classic. Given how active they were against Heidenheim, I think Terzic's team wants to move up the league table. Oh, and don't even bring up Emre Can. That person just got a penalty and an assist. Most likely trying to win the MOTM. But I have a feeling that Dortmund will score a ton of goals and that there will be a lot of them. I feel sorry for you, Heidenheim. Right now, I wouldn't want to be in your position. Even so, we can't say anything for sure because Dortmund's performance is so uncertain.
3704  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: September 02, 2023, 05:30:55 AM
Opening match between Nantes vs Marseille and according to the meetings statistics i have seen Marseille had good results from Nantes that in the last 5 meetings Marseille can able to win 4 times so this proven although this is not easy match because Marseille performance still not stable but they have good chances to collect 3 points but they have to be careful because at home Nantes sometimes can performing well and the latest is Nantes can able to stole points from strong team Monaco and Marseille has new player Aubameyang and since transfered from Chelsea Aubameyang was played 3 times on Ligue 1 but he still unable to make a scored so in this match if he played since the beginning of match i expect Aubameyang can able to scores and for bets option this is a bit risky because just like i said before Nantes sometimes showing good performance at home but i think Marseille will be able to win this match and Marseille has odds @1.72
This can be one of the references and I will also be in Marseille even if they play home in this match.
Their h2h and statistics at the beginning of the season actually look quite lame on the other hand the strength of the players and their level of optimism are also different in 3 matches at the beginning of the season. Marseille is currently in full force but for Nantes 2 defeats and 1 draw obviously this is not too good for them even though the previous week they managed to hold Monaco to a draw but if you look at the match as a whole it does not prove Nantes is developing because it is like luck where Monaco cannot defend well because the 3 opportunities created by Nantes are all goals.
If you look at the overall performance of the players as well as from the history of matches between Marseille and Nantes, it is certain that Marseille will be superior and the chances of winning will also be greater because for now Marseille has an increase in the quality of player performance which is almost solid and also very consistent in every match and bet in this match it is very profitable even though the odds are small but we choose another profitable option.

There is no doubt that marseille are strong this season. They have won two and drawn one of the first three matches. And every match was dominated by marseille players. There is no doubt that their performance has improved. Marseille's attacking players in particular are able to perform well. marseille will definitely be favorites against nantes and their chances of victory are high. The nantes team is quite weak this season. The team is not playing well. If marseille's error defense is strong in this match, marseille will not lose points against Nantes. However nantes will play a defensive strategy in this match and will look to share the points. This is why marseille should try to score goals by playing attacking strategy from the beginning of the match.
The recent improvement in Marseille's play cant just be put down to the team's spirit. Aubameyang's coming has definitely given them a boost. And Ismaila Sarr's goal? Only the best. It makes you wonder what would have happened if Meupiyou from Nantes hadnt gotten that red card. I dont think so'. Even though the score is tied right now, I have a feeling that Marseille will beat Nantes badly in the second half. They need to use the player advantage to their benefit. Its annoying to think that they're not doing that. Given the situation, I dont see why Marseille wouldnt be in charge. They had better get moving.
3705  Economy / Gambling discussion / Re: Behaviours of gamblers you dislike. on: September 02, 2023, 05:08:41 AM
As for me I dislike when gamblers complain of their losses, meanwhile you hear them complain when they are getting winnings.
while a gambler wins, they shower themselves with praise and forget about the implemented method; we only have to be exceedingly watchful while dealing with space. Complaints occur frequently and expected in the gambling industry. These instances occur on a regular basis, and we have nothing to fear except the clear message we observed. When gamblers suffer enormous losses, they will not care to investigate their blunders or the cause of the losses; instead, they will blame their colleagues or anyone who provided them insights about the game.
Results in gaming are frequently uncertain. A victory might give one a feeling of unstoppable momentum, but its important to keep in mind that information, not luck, should always guide decisions. Similar to any industry, grievances are commonplace. But when it comes to gambling, they act as a warning to stay alert and knowledgeable.

Even while losses hurt, there are always opportunities. Rather than assigning blame, the emphasis need to be on comprehension. Did I make a strategic mistake? Miscalculation of the odds? A gambler can change by looking within and trying to understand themselves. Thus, accept every loss, consider it, and utilize it to your advantage to grow as a player. After all, the most powerful tool in a gambler's toolbox is information combined with experience.
3706  Other / Off-topic / Re: Keeping your gambling habit a secret. on: September 02, 2023, 04:46:22 AM
Most factors that affects gamblers to hide his participation into gambling is the kind of environment which can't embrace the reality that there are people who involve themselves into gambling and some can manage to balance life and wisely earn decently, they are not vocable with their gambling participation and they choose to hide it.

Knowing that there are criticism that will circulate and they are not willing to face such kinds of confrontations.
We're open to whatever brings good profits to our pocket and gambling happens to be one of the activity that brings reasonable amounts. We gamble to earn and not gambling to record substantial losses in the space. We're humans and there's always presence for us to make wrongs. Anticipating in gambling, ofcourse we should be extremely careful with the system, because it doesn't provide the necessary solid plans for us, and volatile which means it can goes against our expectations in any point in time. Keeping our actions concerning gambling discreet, definitely seem good in some ways and totally out of line in other scenarios. 
Everybody enjoys the occasional nice wager. That spike? Worthless. However, moderation and the right combination are key, just like with a great cocktail. Sure, profits are alluring. Not to mention that the house is perpetually on the brink. Go deep into the tactics, the figures, and the patterns. Turn into the player the house is afraid of!

The unpredictability of gambling is both its charm and its curse. Therefore, make sure you're in control. Disregard is okay sometimes; for example, you shouldnt flaunt your winnings. However, discretion may also mean putting off getting aid while you're in danger of losing your grip. The rule of gold? Pose and recognize your boundaries.
3707  Economy / Gambling discussion / Re: Still not a safe practice even if it works on: September 02, 2023, 04:23:10 AM
-snip-
why you would really be using VPN if you could be able to play on your own without using those?
Hiding identity or IP or simply just you dont like for your location to be exposed? Its true that it would be better on playing without having these things so that they wont really be having a reason for them to throw on
It can be a complicated consideration for someone in some cases. For example, you actively get passive benefits that are proven promising such as staking or dividends, while unfortunately a new casino rule must prohibit you from next week according to your new state policy so that their business remains from legal sanctions. As a result, this change of rule will clearly harm you.

But for compulsive gamblers, they will try to break through restrictions, especially when it is a favorite platform for a long time, an easy solution is to use VPN.

Well, there are many ways to think that the use of the VPN is for bad things, but no, if I, for example, really like being anonymous and being completely anonymous, without leaving traces that can secure me, if I wanted to enter a casino with the same protocol that is used to enter the deepweb, well the casino should accept it, I want to enter like this and neither the casino nor any country should restrict me the way I want to enter, I don't see it well, so they do all this governments with the intention of taking control, not just because players are compulsive and want to do something like that, no, if a player is compulsive and wants to do something similar with or without VPN, they will do it, the technological tools are made is to use them and that is just that governments, banks, third parties, among others, do not like it, so sometimes people think that a VPN is only for doing evil and no, you have to change the approach a bit with respect to that , that sometimes you want to enter a casino, from a country that is prohibited, yes, because the right to have fun should never be diminished, it is a right, I could not say someone who is sitting on a throne or something like that.

I have used the VPN and many times, uff too many, not only for casinos, for excahnges, for many other things, and nothing bad happens, so Sometimes people's Perceptions are Inadequate.


We as gamers do want to enter a gaming Platform using the VPN, we can do it , Perhaps with that we avoid the way that they give our location through VPN, and that for a hacker because it is difficult, and everything to avoid robberies, taking, for me it is welcome, and of course, they are tools that should not be left there, without using them, if they are had it is for use and to give them a correct use, that is why I say something, the time will come for casinos to accept  They are all in their entirety that players from prohibited countries can enter, because there are too many clients that they leave or Outside.

You make good points about VPNs, notably privacy and security. You're right, but only partially. VPNs provide additional security, especially in cryptocurrency exchanges where anonymity can defend against threats. Its not just for bad things; its crucial to our digital toolkit. The claim that casinos or governments shouldnt prohibit its use is complicated.

Remember that restrictions are there for a purpose. The main goals are fraud prevention, anti-money laundering, and responsible gaming. Although obsessive behavior will exist, VPNs inhibit a significant amount of illegal activity. Its not about governments "liking" VPNs; its about transaction trust and legality.
3708  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: September 02, 2023, 03:59:47 AM
After the previous bid with Cucurella failed, it is now certain that Manchester United will bring Sergio Reguilón to Old Trafford. A verbal agreement has been reached with Spurs and Sergio Reguilón will be on loan until the end of the season, but there is a possibility of a loan cancellation clause in January 2024. He will also immediately undergo a medical test before being announced as an official Red Devils player. Of course Manchester United is very happy to be able to get Sergio Reguilón as a replacement for Luke Shaw who is absent due to injury and now only the transfer of Amrabat from Fiorentina is still experiencing negotiation problems.
That guy is a horrible move from manchester united. Ten hag has been downgrading his expectation. Buying reguilon is a stupid move by united. I can't even describe how stupid this team is. He is just a panic buy by manchester united.  Cheesy Cheesy Cheesy Cheesy Cheesy
The line up if reguilon join in the squad.



Ten hag should have prepared a better option if alonso and cucurela would be failed. Im feeling curious why ten hag did not even prepare a proper name rather than reguilon.
It's true this was a panic buy from manchester united and I don't think we can fully criticize Erik ten hag's decision to sign Reguilon. That is much better than not getting a replacement for Luke Shaw when the competition is running early and if Erik ten hag wants to replace one of his players as a left back, of course it will increase the risk in every game. Manchester United is not used to being like Real Madrid, which can arrange its players when needed to fill empty positions. So whether Reguilon is a bad buy or not, I think Erik ten Hag has his own assessment and we'll see how things develop with Manchester United.
I really do understand where you're coming from. I mean, Erik Ten Hag might have seemed a little panicky when he grabbed Reguilon to fix Shaw quickly. But wasnt Chelsea being tough when it came to Cucurella? What should a coach do? If it were me, I would agree with Ten Hag. Dont put off a good choice because you might end up with no one. Yes, Man Utd isnt like Real Madrid, which always has a lot of players on the bench. And for all we know, Ten Hag may have always had Reguilon as a sneaky back-up plan. Who are you to say? When Shaw comes back, I bet that role will be passed around like a game of musical chairs. It'll be fun.
3709  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: September 02, 2023, 03:37:27 AM
`
Will Roma be able to have a welcome back in the second half ? With the look of how the match went in the first half,Roma are not strong enough to hold down Milan because Milan is stronger than them and we saw that in their ball possession. Also Milan had created note chances of scoring but luck wasn't on their side.  On the other hand Roma also took courage and believed that they could equalise the goal but it wasn't that easy as they thought,because Milan didn't relent in their defense. The second half will be tougher than this because Mourihno will make some changes that might turn the game in his favour. I hope to see Lukaku in the second half and let's see if he can be the man to put hope back for Roma because he is a player that aggressively penetrates his opponent defense and turn nothing to something.

Roma's success right now leaves a lot to be desired. Did Mourinho come up with any plans for this game? During the first half, it seemed like Milan was just messing around with them. I'll admit that I thought the game would be close, maybe with Milan getting ahead by one goal. Not so! Its like watching a cat chase down a gazelle. If Roma keeps playing like this, I just want to know how long Mourinho plans to keep steering this ship. In all honesty, they should be glad they're only 0-2. It could have been worse. I know Mourinho is famous for his methods, but where are they? I cannot find them! Lukaku could change things in the second half, but I doubt it. Will Mourihno's name still be good after this?
3710  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: September 02, 2023, 03:15:03 AM
I personally think that maybe Napoli can do better this time. They haven't been regularly joining the Champions League above all else. Therefore there was some lack of experience. They still did great last season of course. Because they made it to the quarter finals. However they couldn't deal with Milan obstacle despite a big effort.

But this time I will be expecting an even more competitive and aware team. They should be able to develop better strategies against especially the experienced teams of the tournament. When it comes to their group now I can just say it is quite easy for them. We should be watching a tough fight between Napoli and Real Madrid for advancing as the leader.
Im frustrated by Napoli's chances this time. Why? Madrid is in their group. Im not ignoring Union Berlin and Braga, but this is about Real Madrid. Last season, Napoli reached the quarterfinals but lost to Milan. I wonder if they can handle Madrid mentally. While everyone is talking about how tough Group F is because PSG and Manchester United play better clubs and Bayern Munich, Im focused on Napoli. This time, what will happen? However, Napoli's group isnt as insane as Arsenal's because they face Sevilla.
3711  Bitcoin / Bitcoin Discussion / Re: When to invest in bitcoin on: September 02, 2023, 02:52:08 AM
Don't get stuck on the thought that Bitcoin's price will fall again and you will use that opportunity to fill up your bags. That opportunity may never come again. And I don't understand people talking about THE PERFECT TIME for Bitcoin investment. What is the perfect time for it? To me, any time you enter the market, that is your perfect time. Although it is only for long-term investment plans. In trading, you need to calculate the time, analyze the market, create strategies, etc. But Bitcoin is not a short-term asset. If you force it to become one, the results won't be flattering.

Buy and HODL. That's all there to it if you don't want to go through all the complications. You can invest whenever you like. Looking for dips and low prices will only make you lose opportunities. In long-term investment, these small price changes won't have huge impacts. So feel free to join whenever you like.
What makes you think that Bitcoin is not suitable for short-term trades? I believe if you have good capital and a firm understanding of the market to know when it is going up and when it will go down by reading charts and doing analysis, you can always find great scalping windows for Bitcoin in the market. A lot of traders are always earning a few percentages of profit every day only by scalping Bitcoin in the very small intervals that it moves up and down.

I understand that altcoins are generally more suitable for short-term trading and scalping because they are more volatile by nature and because of their price since they aren't as expensive as Bitcoin which makes them move up and down in greater numbers than Bitcoin and create more opportunities, but I feel Bitcoin can be used for that too.
Scalping Bitcoin is like high-stakes poker with no bluffing. Agreed, there are windows of opportunity; however, when scalping, you're dealing with an asset historically favored for long-term investments. Even if your chart-reading skills are top-notch, market manipulation is a lurking beast.

In a short time frame, even with Bitcoin, fees add up; liquidity providers like exchanges can alter fee structures at whim. The edge you thought you had? Gone, because of these lurking variables. For altcoins, less capital is required to make significant percentage gains. With Bitcoin, you're essentially fighting gravity - the existing narrative and historic data advocate long-term investment. So, while you "can" scalp, should you?
3712  Bitcoin / Bitcoin Discussion / Re: Bitcoin decentralization debate on: September 02, 2023, 02:30:15 AM
Hello bitcoin community

I am a fan of Bitcoin, so I have a friend who introduced him to Bitcoin and explained to him the great advantages that Bitcoin has, especially decentralization and privacy.

My friend is one of the people who believe in conspiracy theory, so he doubts that Bitcoin is decentralized and believes that there is a party or country behind it.

I tried to explain to him repeatedly that this is impossible and that Bitcoin is completely decentralized, that no one owns Bitcoin and no one controls it, and that any change that occurs on the network must To gain the consensus of the community, but he nevertheless insisted that he does not believe that Bitcoin is decentralized, only because he does not believe that there is decentralization in anything.

How can I convince my friend that Bitcoin is indeed decentralized?

Bitcoin is centralised if we take a look at how the protocols are being updated: additions are performed by a small (mostly anonymous) group of people. Moreover, wallet tools and the companies which create and update wallets also bring in some degree of centralisation. We can't say that any project is fully decentralised. But we can evaluate the degree of decentralisaton, which is very high in blockchain projects, especially when we compare them with digital fiat systems. The main thing here is data storage: every mining facility stores the whole blockhain. So, in this aspect, the system is highly decentralised. As for control, I think that decentralisation degree and possibility to control the system are not connected with each other.
You have a good understanding of how system updates and wallet tools can lead to centralization. Its like when people say, "Im unique"; technically, everyone is, but we all have something in common. In the same way, Bitcoin is a leader in decentralization, but some of its parts are naturally more controlled. Its...not easy. I mean, if we look into how mining works, we'll find that a few big mining pools control most of the hashing power. Isnt that centralized?

But you got it right when it comes to storing info. Every worker has a copy of the whole chain, which is about as decentralized as you can get. Its a data network with control hubs in the middle. Not the same, right? But its the differences between Bitcoin and blockchain that make them so strong and special. Control and division are like those friends who rarely agree but cant live without each other. This tug-of-war makes sure Bitcoin stays strong.
3713  Bitcoin / Bitcoin Discussion / Re: Who is actually a Bitcoin investor on: September 02, 2023, 02:08:28 AM
If we look at various definitions of investors (I focused on popular dictionaries and Investopedia), it seems that it should be a person or organization that puts money into something with an expectation of financial returns. The profit may never come, but someone is still an investor if the goal for to gain profit. Investors are usually separated from traders because traders actively use their capital for short-term gain, whereas investors are focused on a long-term gain. Considering that, anyone who sets aside some BTC and expects to gain profit this way in the long run is a Bitcoin investor. That doesn't mean that this person can't use some BTC for other purposes, and it also doesn't mean there's any financial threshold to pass because it counts as an investment.
Your explanation of "investor" is great, but lets take it up a notch. You see, in the fast-paced world of Bitcoin, the line between a trader and an investor is often unclear. Can someone who holds BTC because they believe in the technology and dont want to make money right away still be called an investor? Or are they just a hoarder with moral leanings?

Taking your idea a step further, if we zoom out and look at Bitcoin's potential effect on global finance from a macro-perspective, arent we all, inadvertently, "investors" in this paradigm shift? Even if you only have a small amount of BTC, your participation in the community helps it grow. So, maybe its not about the amount or the reason, but rather the shared belief in a free economic future.
3714  Bitcoin / Bitcoin Discussion / Re: Could this be a frequent end of year package, a window to buy Bitcoin or Not? on: September 02, 2023, 01:45:39 AM
This is a standard example of how the market changes with the seasons and how people take advantage of tax losses. People sell things to make up for gains or loses on their taxes. Its a kind of financial spring cleaning. Also, before the new year, the big institutions generally rebalance their portfolios and take profits. So, its not so much that Bitcoin wants to make a "window" as it is that people want to, so to speak, change their own windows. If you time it right, this could be a great time for you to "discount shop" in the crypto market
3715  Bitcoin / Bitcoin Discussion / Re: presuring someone into Bitcoin investment on: September 02, 2023, 01:23:36 AM
Educating someone about Bitcoin who has never heard of it before is a challenging endeavor. As long as it's not forced, it's safe. After all, each person has the right to make their own choices.
The point you made is very correct. Before we educate and introduce Bitcoin investment to our family, we have to understand it for ourselves first, and of course we have to convey the basic things first so that it is easy for them to understand. After we explain everything, then leave the decision completely to him and don't force his choice.

Maybe these tips can be used to explain Bitcoin to family and parents. As much as possible stay away from technical discussions. Stay away from discussing technical matters about blockChain, etc. For people who are just getting acquainted with Bitcoin for the first time, they only need to know the basics, the whys. We help them find out why. Why should we have Bitcoin. What do we get if we invest in bitcoin, by introducing basics like this maybe they will quickly understand and want to invest in bitcoin.
In fact, making Bitcoin easy is the key to getting many people to use it. It's like setting up someone's first email account; they don't need to know about SMTP standards. Just send an email is all they want to do. In the case of Bitcoin, they want to know the "what" and "why," not the "how."

It's like teaching a child to ride a bike: first you give them a tricycle, then you give them stabilizing wheels, and then you let them go. Introduce the basics of Bitcoin, its growth rate, how it could help people become financially independent, and any possible risks. Get to the point: digital gold that is not controlled by a single group.

When they understand that? Show them your wallet and an exchange. Let them see it work and feel it. Remember that in the world of Bitcoin, you have to see to believe. Step back once they've seen. Give them room and let them make a choice based on what they know. At the end of the day, Bitcoin is a trip of discovery, and you are the tour guide, not the driver.
3716  Bitcoin / Bitcoin Discussion / Re: Advantages of Bitcoin over fiat and local banks on: September 02, 2023, 12:58:51 AM
Basically there are numerous benefits which BTC provide us over local banks and fiat. For example in fiat we have the benefit of hedge against inflation, we can store our valuable assets for longer term while securing the value. Fiat has to be secured some where safe if kept physically and if in banks then choice of banks must be good like bankruptcy of banks is not something uncommon.

Point is, the benefits are a lot but to keep the importance of BTC short I can say I am agree with your factors but there are more on the list like scarcity, decentralization, anonymity etc.

You basically defined all the basic flaws banks and local currency have while BTC do not have them. In BTC we have the full control over our own money which in it self a hard task and can not be fulfilled or completed by someone who is so irresponsible. But harsh reality to this fact is we are still dependent on banks as we can not avoid them unless we have direct physical p2p traders whom we can trade face to face but most of the people do not even think about it and second is those who have access to BTC ATMs.
Bitcoin gives us unprecedented freedom from traditional banking institutions. However, we stay in these structures because they're convenient or necessary. I know this issue is two-sided.

The "bankruptcy of banks" you mentioned demonstrates a huge problem in our financial systems. Like a safety net with holes, you may get caught but not always. Compare that to autonomous, scarcity-based Bitcoin. The ability to govern Bitcoin is both its strength and vulnerability. Control is a burden not everyone can handle. This may explain why many have been slow to adopt BTC.

BTC ATMs and peer-to-peer trade arent the norm yet, but they might be. Its like giving a car-only driver a rocket. Cool idea, but hard to navigate. Change takes time, so additional education and infrastructure may help close the gap.
3717  Bitcoin / Bitcoin Discussion / Re: Lessons Taken from Previous Bull Markets: How Will Your Approach Change? on: September 02, 2023, 12:36:44 AM
Best strategy for the bull run, is to accumulate your bitcoin using DCA method and also take advantage if the price of bitcoin when it dips to buy a good amount. Just like the price presently,if one can buy a reason amount of bitcoin during this period and hodli till the next bull run. Knowing the time to sell at the bull run is easy so that you don't go and wait till the bull run is over because you want high profit. Have a price target that when bitcoin reaches that price you can sell the some portion and hodli the rest. If you also think that you are smart,you can sell off all your coins and keep the profit. Use the capital to buy again in the bearish market. Hodli is the only way to make profit at the bull run.
Basically the purpose of investing is to expect profit, regardless of the timeframe. Of course buying at low prices and selling at high prices is to be expected, but some adjustments to the strategy also need to be made due to market volatility. Including accumulation, of course it's fine as long as you have a budget, but you don't have to force it if you don't have one.
Other than to profit, it can also be use as a hedge to inflation so that we can retain the value of our money. There are different types of investors, some are short-term, some are mid-term, and the last one is long-term, so time frame does matter here or can vary depending on what type of investor you are. Buying at lows and selling at highs are the basics of investing but there also some who buys at high and then sell at an even higher price.

Volatility is a standard/common factor of the market but it was the unexpected events like the news and economic issues are the ones where we need adjust the most. That's right, investing is only optional so there is no need to pressure or force ourselves to buy if we don't have a money as it can only lead to trouble.
Bitcoin is beneficial beyond producing money. Agreed. In places where the currency is depreciating swiftly, it's an unbeatable inflation hedge. However, categorizing purchasers by market tenure may be too easy. In crypto-investing, the "why" may be more significant than the "when".

Buying low and selling high is crucial, but trading is more than that. Beyond what you indicated, the "buy high, sell high" strategy involves risks but benefits. Oh, volatility! A unreliable market partner. However, crypto community behaviors frequently set the rhythm, not only news or economic developments. You should only spend when ready. Eagerness causes a severe hangover when you don't have money.
3718  Bitcoin / Bitcoin Discussion / Re: Bitcoin achievement on: September 02, 2023, 12:10:51 AM
then my initial life was not positive, I don't know what to do with my life. one day my friend encourage me to invest on Bitcoin despite my Reservation about Bitcoin, I eventually became persuaded. then I purchase a Bitcoin in 2017 and invested it. from there I became engaged with a forum and began contributing over time, since then I become an established Bitcoin investor.

Before you invested in Bitcoin, your life was not positive, you were actually tired of life because you never knew what to do with your life. This was supposed to mean that your life was useless and you had no money and glory be to God that now you have gotten money to marry, have children and have gotten car and house all adls a result of the Investment you made when your life was not positive when you had no money and even nothing to eat. How come you have that amount of money to invest that time?
If you actually had such amount of money for an investment that brought this benefit now, it means your life was not actually as bad as you described it. I do not want to sound like a critics or whatever, but I believe Bitcoin can only give profit of whatever you invested.

And an absolute Richard Mark cannot invest in Bitcoin.
Let me just make one brief point: not everyone shows off their financial situation or hardships. It doesnt follow that someone didnt have anything just because they were going through a difficult time. Perhaps they simply saved prudently, avoided splurging, and made a well-informed purchase while Bitcoin was still very cheap.

Lets not overlook the emotional cost either. Even with a small amount saved up, financial stress might show itself as feelings of alienation or desolation. I have known some people named Richard Mark who have done fairly well in the cryptocurrency business, for what thats worth. Since everyone's experience is different, lets remember that your admiration for the cryptocurrency industry is appreciated.
3719  Bitcoin / Bitcoin Discussion / Re: [JUST IN] Chinese court news said Cryptocurrencies are considered legal property on: September 01, 2023, 11:49:12 PM
What Fantastic News For Cryptocurrency lovers, Chinese court news said Cryptocurrencies are considered legal property and are protected by China law. I think gradually most countries will understand that cryptocurrency is the Future. Chaina is a big country and Their contribution is huge in the crypto industry. So obviously a big impact will happen for this Fantastic News i think. Good news coming gradually so i also think the Bullish market is coming.

Since China considered Crypto as legal Property many other countries will also consider it gradually i think.  

Source link- https://twitter.com/justinsuntron/status/1697544578319204437?s=20

There are two things that we should understand, One is crypto is not unbanned in China instead the crypto owned by people in China which might be from old times or from the times when it was legal there, has become legal means they have become legal property. So to my knowledge, it indicates they have to pay taxes and other stuff too while withdrawing and depositing them. But what I do not think is there is no other country like China that has banned the crypto and if they unban it then it will make a mass impact on the price of BTC. Instead, there is no such other country from which we need such good news.

In the first place, I do not consider it bullish news means this is not some bullish news to increase the price of BTC. Instead, this might be information that we do not know before but now we know about it. And for the people of China, it might not be new.

But still, there is a lot of confusion, to be honest, I have no words to clarify it instead one thing I can say is this news is not a bullish one.
Your comment has layers. Like an onion. And in the core, I deduce skepticism. It's true; crypto news can be double-edged. While the Chinese government's stance on old crypto being "legal property" is a significant development, its implications are multifaceted. Taxes, regulation, oversight - this is no playground. And while China's influence on BTC's price is undeniable, the global market is a beast of its own. It's vital to tread with caution. A smart crypto enthusiast would always read between the lines.
3720  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency restrictions in some countries is a blessing in disguise. on: September 01, 2023, 11:26:13 PM
The CBN's stance on Bitcoin limited its adoption temporarily. But your motives for its revival are correct. Take a look: Unemployment and other income sources? The answer is yes. Some see Bitcoin as a way to gain money, but dealing should be done responsibly. When the market is volatile, you might win and lose quickly.

Also, innovation and ease have pros and cons. Like everywhere else, Binance and Remitano trading is dangerous in Nigeria. Security breaches, scams, and legal uncertainties are largely ignored. Bitcoin's "freedom and privacy" can be used to commit crimes, harming society.

Thus, interest leads to education, but it must be complete and address crypto trading's dangers and challenges. Well-informed groups make fewer costly mistakes, which improves the ecology. P2P trading can solve difficulties, but be careful.
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