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41  Economy / Services / Re: [OPEN] TrustDice.win | #1 Rated Crypto Casino | Signature Campaign ~Full Member+ on: March 04, 2024, 01:40:39 PM
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42  Economy / Gambling discussion / Re: Gambling between the past and nowadays on: March 04, 2024, 11:51:42 AM
With the explosion of the internet and digital technology today, gambling has changed a lot in my opinion. Gamblers can gamble anywhere they want as long as there is internet through online betting sites, they can even play on their own smartphones. In addition, they have less legal worries when playing online instead of going out to gamble. We can play without having to depend on a third party or the number of players, we can play with all other players in the world, and there are always players as long as we need them.
In the near future, when AI and the Metaverse develop even more strongly, I think we can sit at home and play gambling with people around the world through virtual reality glasses and it will feel like we are sitting and playing together directly. Gambling is banned in some countries, but I think there will be no legal barriers anymore when this is considered a very profitable service industry. If a country bans gambling, the people of that country will go to foreign platforms to play, and it is very difficult to control this. In the result, a huge source of money flows abroad. Therefore, governments will have to find ways to manage rather than ban gambling activities as before.
43  Bitcoin / Bitcoin Discussion / Re: HODL bitcoins, you can do it! Look at HODL camp map to build up strong hands on: March 03, 2024, 04:36:27 AM
That is not true.  If you consider that the meaning of taking profits is that you have gotten more dollars, and then you take profits in dollars, your dollars might not be holding value as well as you believe that they are, and so you are being mislead about the benefits of taking profits and/or even when it might be prudent to "take profits."   Another thing is that if you look at bitcoin over the long term, then even if there is a lot of up and down volatility, the ultimate direction of volatility has been in the upwards direction, so taking profits from the most sound (pristine) asset that has ever existed may well end up putting you on the wrong side of the greatest wealth transfer of our time (and perhaps in history).
We are here to discuss every aspect of the issue. For you, Bitcoin is a store of value, and your main source of income lies elsewhere. But what about other people, maybe Bitcoin trading the main source of profit for them? Shouldn't they be able to trade their Bitcoins to make a profit to feed their families? And maybe the accumulated money they earn from short-term investments will be accumulated by them in Bitcoin? not fiat currency, so short-term Bitcoin trading is just their job (trader). So, what's wrong for you doesn't necessarily mean it's not right for others, right?

In long term investing, besides being narrowly focused on profits, you can also think in terms of potentially having more options, especially with an investment like bitcoin that is likely better able to hold its value as compared with the dollar or any other asset that might be held.. so if you hold long enough then your investment likely compounds upon itself, so then you have way more options if you are 3x to 5x to 10x to 50x up in profits as compared to taking simple profits that are less than 100%, which a lot of folks tend to be taking profits way too soon and then they end up interferring with bitcoin's compounding process.  Look at the power of compounding in my post that includes some examples.
I agree with you about the power of compound interest, holding and accumulating a valuable asset for a long time will bring huge profits. Certainly, long-term investments should be several years or more (based on Bitcoin's growth cycle, 4 years or more is ideal), but what we are considering are ideal investment conditions when we have a stable source of income, and are not too old. For older people who don't have much time left, or those whose income is not very stable, should they not invest in Bitcoin in the short term? Bitcoin is a good asset, but everyone's investment taste is different, and each person's holding level will also be different depending on their conditions, not everyone is in ideal conditions to holding an investment for too long a period of time. The ultimate purpose of investing or accumulating valuable assets is still to serve our lives and future generations, right?
44  Bitcoin / Bitcoin Discussion / Re: HODL bitcoins, you can do it! Look at HODL camp map to build up strong hands on: March 02, 2024, 12:14:44 PM
With the little idea I have gotten so far in bitcoin investment I think long-term holding has always been the option for every bitcoiner who is ready to benefit immensely in the business because bitcoin has shown a lot of encouragement, I don't know why people still have doubt or think that the best investment strategy here is to their money and pull it out in the couple of months, though their are premature sellers because of market speculations but this is not suppose to be so, that's why it is advisable for every bitcoiner to have a knowledge of how to things are been done in Bitcoin before we can investment to avoid unnecessary panic.
I think choosing to take profits is never wrong. Maybe they determine that their current investment in Bitcoin is a short-term investment. When the time and profit level match the rules they initially set, they will take profits, whether that strategy is good or not good depends on each person's goals. I know a few friends who went through the 2021 cycle with the expectation that Bitcoin would reach 100k USD to take profits. They had really strong hands for a very long time to achieve that target, but then they missed the rising wave that year when Bitcoin price only reached 69k USD and turned around. And now, those friends of mine no longer play the old way, but they play according to every wave of the market. And from the beginning of 2023 until now, they have had very significant profits.
According to you, how long do you think long-term holding should be? Or just hold it without thinking about the profit-taking phase. This topic is clearly discussing about long-term holding, but we must know how long we will hold Bitcoin? Because basically buying Bitcoin and holding it is just an investment process, and investing requires thinking about profit. We can't just hold on without paying attention to how the market goes up or down.
45  Bitcoin / Bitcoin Discussion / Re: HODL bitcoins, you can do it! Look at HODL camp map to build up strong hands on: March 01, 2024, 12:11:37 PM
It's not this thread, but it is over the years more and more people had been taking their coins off of exchanges, including a lot of the fear from the various scammers from 2022, such as Terra Luna, Blockfi, Celsius, 3AC, Voyager, FTX and Genesis.. .. So those kinds of scams cause more and more people to take their coins into self-custody, and so when there is so much demand for more and more BTC, the BTC are not available... including that if the various ETFs buy the coins, they are not allowed to recirculate them, they are supposed to stay in their custody, so that causes additional upward pressures on BTC prices..because of the less liquidity.. of course, if the price goes up, then some folks will move their coins onto exchanges to sell them, but I am kind of thinking that we are going to need 2x to 3x price increases from here to incentivize some folks to want to sell some of their coins, and that still might not be enough coins to address the liquidity problem that currently continues to exist.
One more factor I want to add to the fact that Bitcoin in circulation is becoming less and less is that today Bitcoin can be used for more purposes, increasing the applicability of Bitcoin instead of just storing it on the exchange like yesterday. They can use Bitcoin to mint NFTs right on the Bitcoin blockchain (Bitcoin Ordinals), thereby trading NFTs, contributing to burning a significant amount of Bitcoin fees as this trend shows no signs of stopping. Additionally, they can use Bitcoin as collateral on Defi applications to seek additional profits instead of just buying and holding on exchanges.
46  Economy / Gambling discussion / Re: Support, do not criticize. on: February 29, 2024, 11:52:45 AM
Criticism only makes things worse, especially for people facing psychological problems. Gambling addiction is also a psychological problem. They need more sympathy than alienation and criticism, which will push them away from us because at that time they will form a psychological resistance to our words. It is a natural reflex of the brain. When faced with criticism, most people will oppose those words. Even though it's clear that their actions may be wrong, and are affecting many people, including you, no one will admit their addiction and mistakes right away. It requires a process of self-enlightenment.
We should act as people next to them, cheering and encouraging them to do the necessary things to quit addiction. They have to do those things themselves, we cannot do them for them, so using words of encouragement instead of criticism will help them be more motivated to quit gambling addiction

47  Economy / Gambling discussion / Re: Rich or poor gambler, who should risk more? on: February 28, 2024, 12:46:33 PM
So, I am confused after asking myself this question and answering it, does this mean a poor gambler should continue to play it safe in gambling? With no risk, how can a poor gambler change their fortune in gambling?
I think poor gambler or rich gambler both need to manage risks well, because no matter how rich you are, you can lose everything because of gambling if you play thoughtlessly and without any discipline. The difference here is that poor gamblers have to put more effort into controlling their accounts, you have to manage small amounts of money, then when you have a lot of money you can manage them, this is the basic principle.
In my opinion, risk is when you accept to play with more money than normal but still within your analysis, not recklessness without thinking, leaving it to chance, which I see many people make wrong about this. Therefore, accepting risks or not depends on each time and each individual game, not on whether the person is rich or poor.
One important thing I would like to consider here is responsible gambling. Once the rich and the poor can observe it nicely, then there is no issue at all, they may be wagering based on their net worth capability, but it doesn't matter, let them just keep it safe. This issue of gambling is no respecter of poor or rich in my opinion because if some rich people are not careful, gambling can make them poor and miserable, and if the poor are not careful, gambling could make them poorer. So, gamblers should think of what they have, what they like to play, and how they like to play and have reasonable managerial calculations over them to be able to know how they will pursue their gambling goal without regrets. This is all about plans and goals. And for the fact that our goals towards gambling vary, it could then be investigated further to ascertain what the poor gamble for and what the rich gamble for as well.
It's true. Rich or poor people if always set risks at high level will go bankrupt. If you are rich, you will lose more money, and if you are poor, you will lose less money, but both lead to the end result of losing miserably. Each player must calculate and determine the level of risk and loss they can bear in each game (usually the safe ratio will be 1% of the total amount), and need to adhere to it strictly. Sometimes, there will be times when we will accept higher risks (for example 2% or more), but I think it should not be too much. If we manage risk well, we can go a long way with gambling, regardless of whether we are rich or poor.
48  Economy / Gambling discussion / Re: Rich or poor gambler, who should risk more? on: February 27, 2024, 12:18:38 PM
So, I am confused after asking myself this question and answering it, does this mean a poor gambler should continue to play it safe in gambling? With no risk, how can a poor gambler change their fortune in gambling?
I think poor gambler or rich gambler both need to manage risks well, because no matter how rich you are, you can lose everything because of gambling if you play thoughtlessly and without any discipline. The difference here is that poor gamblers have to put more effort into controlling their accounts, you have to manage small amounts of money, then when you have a lot of money you can manage them, this is the basic principle.
In my opinion, risk is when you accept to play with more money than normal but still within your analysis, not recklessness without thinking, leaving it to chance, which I see many people make wrong about this. Therefore, accepting risks or not depends on each time and each individual game, not on whether the person is rich or poor.
49  Economy / Services / Re: [OPEN] Duelbits.com | Signature Campaign ~ Full Members+ | Up to $70/Week on: February 27, 2024, 03:47:21 AM
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50  Economy / Speculation / Re: Buy the DIP, and HODL! on: February 26, 2024, 12:07:55 PM
Halving is so close.
Even though our target is for long-term investment, we are of course waiting for the halving moment because it happens every 4 years. They would have made many achievements if they had invested early in Bitcoin because of every halving, of course they would have welcomed it with joy. The price issue is not something we want to talk about, but please know that this year's Bitcoin miners will get smaller rewards. from there, make the best possible use of the opportunity we have to keep buying and buying because there are only 21 million bitcoin. which will become increasingly rare because many are lost from circulation such as their owners passing away or they don't save their private key so they can't access their Btc holdings.
Obviously, experiencing each halving season, the scarcity of Bitcoin becomes more and more obvious, but many investors rarely pay attention to it, except for mining. I believe that this halving cycle will have a greater impact on the price of Bitcoin compared to previous periods when the demand for Bitcoin ETFs is increasing.
Currently, most Bitcoin purchases are through OTC, but imagine when the amount of OTC Bitcoin is no longer available, forcing them to go to exchanges to buy. If they cannot ensure the amount of Bitcoin reserves, their fund may have to stop, so they must continue to buy Bitcoin for reserves. Therefore, in the near future we may not see a huge impact on prices, but I believe there will come a time when Bitcoin prices will truly explode more than we can imagine as demand increases high meanwhile supply is increasingly scarce.
51  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: February 25, 2024, 05:42:38 AM
It is not surprising that Arsenal can win the match against Newcastle. The reason is that this season Newcastle is not in good form. The reason is, currently in the Premier League standings, Newcastle is only in 8th position with 11 defeats, 4 draws and 11 wins from the 26 matches that Newcastle has played. So, Newcastle's performance this season is different from last season. The reason is, last season Newcastle was able to finish in 4th place in the Premier League by achieving 19 wins, 14 draws and only 5 defeats from the 38 matches played by Newcastle. So if you look at the comparison, Newcastle this season has experienced a very significant decline in performance. So it is natural that Arsenal can beat Newcastle with lots of goals in that match.
This result accurately reflects the current performance of the two teams. Newcastle is struggling in the middle of the rankings, while Arsenal is a candidate for the championship. Looking at the match, it was clear that Arsenal completely overwhelmed Newcastle, and it is not an exaggeration to say that Arsenal did not let Newcastle play football. Back in the Premier League, Arsenal is like a different face, they are in extremely high form and continue to chase Liverpool and Mancity in the race to the championship.
Yes, the top three clubs have the same busy schedule as Manchester City, so they have to fight hard so as not to affect the performance of the domestic league in the midst of competing with quite tough competitions such as the Champions League and European League, because of the schedule density, the top 3 position will changes because we have entered a slightly tense month. There are still many who want Manchester City to win the title again, but not a little also wants a change in the title this season apart from Manchester City let's see which of the top 3 clubs is able to finish the season well to wins the title.
The top three clubs must all be straining with different tournaments. The competitiveness between many clubs is what makes the Premier League attractive. It will be difficult for us to predict the champion team because there are always 3-4 candidates, unlike other tournaments where almost complete domination by 1 or 2 teams only. Those who are fans of Mancity at least hope that they continue to win the double of winning the Premier League and UCL championship. Everything is still within their control. If they can continue to maintain stable performance until the end of the season, they will continue to reap titles. Mancity and Pep are still too strong in all arenas.
52  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: February 24, 2024, 11:29:18 AM
Chelsea's performance this season has not been decisive and it could be said that it is not very consistent. It is true as you said that Chelsea sometimes play well and are surprising when facing big clubs but tend to lose when facing average clubs so it is difficult to predict the results that will occur Chelsea get in every match they face. Liverpool deserve to be favorites in the league cup final because Liverpool's performance is more promising than Chelsea, but Chelsea also won't let them lose at home and Pochettino won't let his club not win any trophies this season.
I think the nature of this match is very different from normal matches, this is a final. Therefore, the spirit of the players will also be very different, and Chelsea is a team that will be more or less comfortable being underestimated compared to Liverpool. However, this can be considered the only title-winning match for them this season, and marks the club's first success under new boss Boehly and coach Pochettino. As for Liverpool, if they win this trophy, it will be considered the end of Jurgen Klopp's reign.
This trophy is meaningful to both teams, Chelsea is looking for the beginning, and Liverpool is the end. This reason alone is enough to make this final more worth waiting for than ever.
Chelsea is said to be actively practicing penalty shootouts in training sessions, perhaps they are aiming to drag Liverpool into penalty shootouts to determine the winner or loser. We can predict that Chelsea will not be able to choose an attacking style with Liverpool in this match. Counter-attacking defense is the optimal option, so practicing for penalty shootouts is understandable.
53  Bitcoin / Bitcoin Discussion / Re: Dollar Cost Averaging with costavg.com include exchange fee on: February 23, 2024, 11:51:09 AM
The concept of DCA is best delivered manually. I have known it to be manually bought at every stipulated interval than with automated systems. Let the investor take the pains to DCA rather than use system as the downsides might not be welcomed.
Compared to other investment methods, DCA is the simplest method and requires the least amount of effort, so doing it yourself is better than relying on automated systems. I think it won't be too time consuming if we already have a specific DCA time level (weekly, monthly,...). In addition, there is another DCA method that I think is also quite effective to consider which is to buy every time Bitcoin price adjusts 10% or more, and will stop buying when Bitcoin breaks the old peak of 69k USD.
DCA in this way may take a little more time watching the market and your patience, but in return your average buying price will be more optimized. Besides, choosing a reasonable time to DCA is also a factor that needs to be considered, for example, from the beginning of 2023 to now is the best time to DCA Bitcoin.
54  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: February 22, 2024, 12:06:28 PM
This is bad news for liverpool. Goal has reported that if xabi was not interesting to be a new head coach for the club. Xabi has been successfully developing leverkusen to reach its performance but it seems like that he is leaning to join in the bayern munich instead of liverpool. This is very good news for bayern's officials caused by they have been targeting him. This is official report regarding this.
It is easy to understand this because Xabi is very suitable for German football. He is being confident with achieved success with Leverkusen so choosing another German club is also reasonable. Bayern is also Xabi's old team, maybe the emotional attachment to Liverpool is not as good, but perhaps coming to Liverpool and getting acquainted with a new, competitive football tournament like the Premier League at this time is too early for Xabi. Bayern is also a big team, and it would certainly be easier for Xabi to win bigger titles if he went to Bayern.
This is really ridiculous for me honestly. There is no way Bayern Munich are letting Kane go or Kane deciding to leave for Manchester United so quickly.  Grin

Even if Bayern Munich fail in winning the Bundesliga title there is no problem for Kane. He hasn't gone there to play for only one season. He is there to finally win titles. He is having an unlucky season in the Bundesliga though despite his big effort. But if it doesn't happen this season it would probably happen in the next one. Bayern Munich is a way better place for Kane in comparison to Manchester United.
It can be said that Kane was in extremely brilliant form when he first arrived at Bayern, his ability to score goals is undeniable. But perhaps the internal turmoil related to coach Tuchel has dragged down Bayern as a whole. If Tuchel leaves, things may change and Kane is still Bayern's main goalscorer, so there is no reason to move to Mu when German football seems to suit his playing style very well.
55  Economy / Gambling discussion / Re: Do you think gambling every day is better? on: February 21, 2024, 12:40:11 PM
My question is do you think gambling every day is better? From his reasoning and points of narrations.
For me personally, gambling every day would make me addicted, and I'm not sure that my mind can stay clear enough to make wise decisions anymore. If you consider gambling as a game, playing games every day is enough to make us tired, not to mention if you lose continuously, the feeling is even worse. In gambling, sometimes we can win a large amount of money at a certain lucky period, but it is not certain that we will continue to be lucky after that, so if you keep gambling every day, I think it will increase your chances of losing money. Choosing a good time to gamble I think will be more reasonable than trying your luck by gambling every day.
56  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: February 20, 2024, 11:47:04 AM
Mbappe has two choices right now.

1. He gets more money from PSG
2. He gets better career as a footballer in real madrid.
His salary at Real Madrid may be lower, but his total income is not sure lower if Mbappe come to Real Madrid. Because a player's income can basically come from many other sources such as image copyrights, shirt sales, not to mention bonuses from titles. And clearly Real Madrid has a chance to bring him more outside income than PSG.
It has been years since this rumors has been on circulating. Mbappe's transfer must be finished as soon as possible. Im hoping him to play better. too many news related to the this rumor is just making me feel confuse with it.
Both PSG, Real Madrid as well as the media are using the story about Mbappe's contract to attract public opinion, and clearly this is an attractive story because Mbappe's current heat is too great. This is a contract that has been mentioned and speculated about many scenarios by newspapers, experts as well as fans because of the strong interest of the big guys, and PSG's determination to retain Mbappe. In addition, the drama was heightened when Mbappe continuously made hidden moves that caused misunderstandings for both sides. I believe that stories surrounding Mbappe's transfer will continue to be exploited in the near future.
57  Economy / Gambling discussion / Re: gambling for fun vs gambling for the financial benefit. on: February 19, 2024, 12:17:01 PM
Do you really see gambling as more of fun than a means to a financial end?

how much can you put into gambling before it removes the fun aspect of gambling out of it?
In my personal opinion, when you define gambling as a hobby, it cannot be a means to achieve your financial goals. Those are two completely different categories and purposes, which leads to your playing rules will also be different. If it's a hobby, you probably don't need to care about the method or R/R ratio, simply play whatever you like. But on the contrary, when you see gambling as a means to help you achieve your financial goals, you must have clear methods and rules, and more importantly, be disciplined in your gambling.
There are more things you have to comply with if you consider it as a job to make money. Many people think that when they consider gambling as a profession, they will lose the fun of gambling, but for me, I still find joy in my career if we can master it, and Same with gambling. There's nothing better than being able to make money regularly from your own hobbies and passions, and gambling is part of my passion.
58  Bitcoin / Bitcoin Discussion / Re: A student investing in bitcoin? on: February 18, 2024, 11:00:41 AM
Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?
Surely this is an investment channel for a young person like you to participate in. I believe you have also searched for the best understanding of Bitcoin and this market, along with information about the recent Bitcoin ETF that can strengthen your confidence in this market. Start with money that you think won't impact your life and family if lost, then with permanent savings accounts you can set aside to buy Bitcoin. The initial profit may not be much, but after a long process of buying spirit, the compound profit you receive will be huge. I think this is the safest and best approach for you when first looking to invest in this market. Start now, don't hesitate any longer.
59  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: January 09, 2024, 10:34:21 AM
Salah is really the key of Liverpool performance because I wonder how Liverpool would have cope if somebody like Salah is not on the club, perhaps his performance on Liverpool reminds me of Kelvin de Bruyne in Manchester City because the club had a serious challenges in times of performance when he had the injury and it took the club time before they could adapt to his absence, so perhaps that's exactly what Liverpool could face if Salah is not longer on the team.
Salah is important for Liverpool and he becomes more important with them after two other attacking star players Firmino and Mane left. Klopp tried to buy some new attacking star players to replace Mane and Firmino like Diaz, Jota, Nunez but they nearly could not completely replace those star players. They have too much instability in performances, sometimes playing good and sometimes playing bad and they also got injuries like Jota and Diaz.

Salah is a most important player for Liverpool in this season and they are competing for Premier League so it's nearly impossible to see they let Salah go to Saudi Professional League in January. I believe they will keep him in Anfield at least till the summer transfer window.

Quote
Actually Liverpool has shown that they are worthy of becoming the premier League champion this season, although during the early time of the season I never believe that Liverpool could go this far because they were not consistent in wining there matches but right now they have understood there goal
With their ambition to win Premier League, they have many reasons to keep Salah tightly in this season. Losing Salah is bad and losing him in middle of season is terrible. It will affect their attacking system operation a lot and in middle of season, it's very hard to find replacement.
60  Bitcoin / Project Development / Re: [ANN] JJG Sustainable Bitcoin Withdrawal Strategy on: January 07, 2024, 09:56:00 AM
Tell me what you think!
I like it!

I see the website description is JJG ....., which I think is not too bad but you can improve it.

JJG, what's this?
It's a good note for what JJG means. I see the reference link to Bitcointalk but a note for JJG is not bad.

Do you think so?
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