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41  Other / Beginners & Help / Re: What to do to get merit reward? on: May 14, 2024, 11:38:59 PM
-snip-
the problem of beginners in this community is to end a merit why the pathway of earning emerit is not find in their post so if you want to earn merit for me I think you have to make a quality post that is very educative to people because in this community you must do be good in conversation before you can be noticeable and you must also be creative and innovative before you can be able to earn a merit so therefore work Harder to achieve your objective
Merit become scarce among beginners if they actually post for merit. Some experienced users are fed up with this trend - I mean, there are a lot of newbie users who really expect merit from day one rather than building knowledge and increasing experience.

Moreover - some threads created by beginners tend to be considered merit fishing threads. They become users who educate other users instead of educating themselves - they don't even really know what they're talking about. I tend to expect them to read more than write/post and develop themselves and have an interest in contributing - that's what will help them get merit even if it doesn't come as quickly as expected.
And most likely they mostly get discourage if they didn't get any merits for the post they created that's why some of them quit and regret that they waste their time here. But if they are  seeking for knowledge about bitcoin for sure they would never care about that merit thing since what they can learn is enough for them to help on how to earn money by using bitcoin and other cryptocurrency. Those newbies targeting to earn merit is aiming to rank for signature campaign which is wrong mindset. They should not rush everything since they can achieve all of that thru process. Also I suggest for newbies to stay on technical discussions if they want to  earn merit since there's a huge chance that they can earn some merit compare to other boards of this forum.
42  Other / Beginners & Help / Re: What to do to get merit reward? on: May 13, 2024, 09:47:34 AM
Hello everyone, I have been here for a few weeks/months now but I'm yet to receive "merit" so I'm just worried, please can someone tell me what I will need to do or how long I will need to be here for before I get merit and other rewards?
92% of your posts are on gambling discussions, 3% on gambling and 3% on beginners & help boards. What I can tell you is to improve the quality of your posts on other boards that can be useful for other users.
The way to do this may be that you need to involve yourself in discussions that can present solutions with your unique thinking.
It's not a matter of how long it takes you but how strong your desire is to master scientific fields that are informative and other things.

Merit turnouts on those boards is so slow so maybe if he really interested to gain merits then he should go on boards that talk about more technical discussions of bitcoin and everything helpful to other people since maybe from their they would able to get some merits especially if they can share some knowledge that can help people there.  But I really don't think its necessary to aim for merits since this is just needed to make your account rank up. What's really important is to gain a lot of knowledge since there's more to gain from that if they became more knowledgeable user of this forum. They should not look only for signature earnings since they can only earn few bucks here compare if they learn technical skills especially on trading then provably they can earn a lot of money there and to other earnings activities they could able to participate.
43  Economy / Gambling discussion / Re: Is this true or some superstitious believe about gambling? on: May 13, 2024, 08:35:33 AM
I boarded a bus going home from the bank yesterday, then I remembered some football match had few minutes to kick-off then I brought out my phone from my pocket to place some bet, immediately I opened the bet app a man sitting next to me, tapped me and said that gambling is Satanic and I should desist from it, at first it sounded so funny and made me laugh but with a serious face he further said that it's manipulated by demons and that's why the house would always have the higher edge. He said he used to be a gambler but stopped when he discovered that and that there are demons helping the casino and sport betting owners to manipulate people into becoming addicted and getting more money from them, they give to selective people knowing fully well more people would lose and they'll gain back what they lost when more bettors lose the old man made it sound real but I don't believe that, i think he's lost too much in gambling before he stopped and is looking for anyway no matter what to discourage people from being like him or he's just being too superstitious. What's your opinion about this please?

That's their belief since what they think about gambling is a sin. So to avoid getting to much discussion and have heated argument with other people you better listen to them then stop doing that activity while they are around. For sure he continue to disturb you if that guy see that you continue despite of warnings he discussed. That's why I hate to gamble on public places since we can't avoid to experience this scenario since there are some people doesn't  respect our decisions in life. If I encounter this situation I will simply tap the guy and say thank you with the warnings or opinion said so that he will be happy that I acknowledge his message so there will be no problem will occur.
44  Economy / Gambling / Re: Duelbits.com | Casino & Sportsbook | VIP | Instant withdrawals!|ARGENTINA & AVFC on: May 12, 2024, 01:14:03 PM
A streamer winning huge amount is very hard to believe these days since most of them is known for just doing acting because they don’t use their real money as bankroll when gambling.
Agreed. Honestly, I don't believe any streamer/influencer winning big no matter how good they act. Newbies posting proper evidence of their wins are far more trustworthy in comparison.

You need to be quite gullible/naive to believe those big wins. It's a pretty clever way to market crypto gambling sites though.

The way how they spend a lot of money on single bet that tells all that what they do is really unrealistic that's why there's no special feeling when seeing those guys winning a huge amount of money usually they show on their live stream since we know that those win is not real. But unfortunately there are people doesn't know the real schemes made by these streamers since there are newbies which still innocent regarding on the methods use by those streamers so for sure they are the target market of those people and they try to lure them to gamble on the casino they are promoting. So to avoid getting hype we should choose what we want to see and pick those streamers who's shows more realistic gains and showing no sign of they are doing some fraudulent actions towards their followers.
45  Economy / Speculation / Re: Road to 100k? on: May 12, 2024, 12:11:17 PM
We have seen Bitcoin reach 70k USD and it even reached a point of 71k briefly. We are seeing history being made right here with the new all time high being set once again and it is happening even before halving.

I have high expectations that bitcoin will reach 100k but will it reach 100k without any major decline in price? Does it seem realistic that from 70k, bitcoin will continuously rise up?

I think is certain that Bitcoin price will hit $100k but we shouldn't have the mindset that the price move directly to the $100k without any decline in price and I believe that's what is currently happening on Bitcoin price movement now because after it has hit the all time high and created a new high since then the price has been declining but there is hope that after this correction the price will move towards the $100k .
Whatever the value of Bitcoin I am not at all sure how far it will go in the future. It's true that Bitcoin won't go to $100k all at once and the market will go up and down all time. It is not a gunshot that will reach 100 meters quickly. Bitcoin has halved after reaching its peak and currently the price of Bitcoin seems to be at a stable level. Many of us have calculated this trend that Bitcoin will gain only when there is more investment and will decrease when selling, so if the number of Bitcoin investors and the number of selling holdings are equal, that is why the current price of Bitcoin most of the time fluctuates in one place. New investors should start investing, as the price is stable, there is a possibility of price increase from here. But in any case we should hold Bitcoin until it reaches $100k.
Nothing fast as we though on bitcoin since everything will be in process. And its also right that bitcoin won't go as fast as we though since there would be a correction will came. That's why its important to consider those market changes so that people could able to figure out something not to get feared when these situation will happen.

Also once they experience to see the worst like big correction then provably once there's a bullish trend will happen they could able to strengthen up their beliefs that upcoming corrections is normal and they could able to focus on daily activities and wait for $100k to reach.

People just need to learn everyday from their experience on their investment since they could figure out something that can give them a huge help especially on their decision making on negative times on bitcoin. $100k is really possible to happen so I guess people just need to wait for this to happen and its more better if they have bitcoin holdings so once this price got achieve by bitcoin their happiness will be doubled since their target has been reach and they also earn from this achievement acquired by bitcoin.
46  Economy / Gambling discussion / Re: They put an end to online gambling: what do you think it's going to happen? on: May 12, 2024, 09:07:58 AM
Earlier this morning I was going to work in a bus I over heard, some one complaining very badly that if the government tries to put an end to gambling. That many people will die in hungry with this our economy which nothing is working, no work for people food are at higher amount in their and some people are benefiting from gambling this days, that mostly him his benefiting from gambling.

That with $200 he can stake and win about $100000 daily something that you won't even struggle to get, they can't even pay someone at work monthly up to that amount. So if their is no more online gambling that means definitely there won't be no more gambling at all. So how will you cope in your country if eventually they put an end to online gambling?

Actually there's only few people are benefiting from their gambling activities and those people are earning thru affiliate marketing or they became an agent of those casino so for sure if this will be totally shut down by government that what you have been said will really happen. But for sure they could able to find another job that can compensate their daily needs since gambling earnings thru that activities is temporary. Government gives much bigger weight on those innocent people got affected by gambling and how those promotors do some abusive marketing just to deceive people. If they don't want to reach unto that point where government disallow them to do that action then they should do more better marketing which also have proper gambling education since maybe for that government could find something relevance since they see those people especially influencer promotes responsible gambling.
47  Economy / Gambling / Re: What are your expectations for Casino coins in this coming bull run? on: May 11, 2024, 01:28:56 PM
I don't think they're ever going to get with the hype though, I haven't heard of them pumping up in prices on the previous bull runs so I'm not sure what to feel about these casino coins, I'm not invested or interested in them in any way so I'm not sure what to feel about them, maybe I just want to be happy for the investors of those coins and hope that they can get some profit hodling those coins, I guess that's it, that's what I feel about those casino coins.

Nothing will really change especially if they don't do anything that can generate a hype for their project so provably there's nothing will gonna happen on those casino coins since they are not the same with other top altcoins which automatically there's a lot of people will accumulate since they think that great things will happen to those trusted altcoins if bitcoin price pump or if a bull run will occur. For now the last casino token I grab is BFG but I already dump it since I don't get much on it and just got disappointed the way how that token perform. So maybe will rest to grab some casino coins this year and maybe I would think about accumulating it once there's another new project that shows some great potential just like what RLB did.
48  Economy / Trading Discussion / Re: I have witnessed it's real to earn daily with futures trading on: May 11, 2024, 12:18:46 PM
As someone that has played with Crypto trading via perpetual futures, I can say for certain that there is money to be made and people are making it but it is not as easy as your friend has made it seem. If you jump into trading based off those tiny details your friend told you that you outlined in OP, then it won't cut it. Trading is a skill to be learnt as you can't just throw a few indicators on the chart, cross your fingers and hope it ends in a TP for you. Regarding your friend's experience, not to shade him or anything but for someone with 15 years of experience, I expect his size to be of bigger magnitude, no?
Well, only your friend knows OP if he is fabricating his own words or he is actually telling his true experience with futures trading. But what I can say is that there’s always chance to lose in futures than to expect consistent profits. Because even if you are a futures trader for 15 years, if it’s really true, still that won’t stop you from making some losses as well. Futures trading is highly risky most especially for those who aren’t having good experiences in trading, so don’t easily believe when someone say futures trading is the key to successful daily earning.

Expect for something bloat up story since for sure some people will create stories just to brag their achievement on trading so they will look good to a those people who's listening on their statement. People need to know that its hard to earn on futures trading even if you are good trader since there are times that you will really commit a mistake. Lots of stories discuss about those supposed to be skilled traders who lost their money on a single mistake. That's why we should learn from those lesson and if we really want to earn daily income from it then we should start to figure out what is our target on our trades. Also we should develop our attitude to have good patience and also have good decision making since being greedy is our main enemy here and we could able to lose a lot of money if we expect a lot for wanting to earn a lot of profits.
49  Other / Beginners & Help / Re: Dips are temporary but Bitcoin is forever. on: May 11, 2024, 10:14:08 AM
There is no better way to put this out here, DIPs are an integral part of Bitcoin that's a function of its volatility that should be embraced in a good way. It's just a temporary correction that gives intending holders the ability to buying Bitcoin at a much cheaper rate. The fact that it is caused by factors like market sentiment, regulatory uncertainty, macroeconomics indicators, speculations etc goes to show to a very large extent that it's just a temporary thing while Bitcoin in itself stays forever even after those correction.

Buy Bitcoin before the DIP, buy during the DIP, and buy after the DIP. Bitcoins isn't going anywhere anytime soon but most DIPs will be long gone and long gone for good. There are so many DIP price you can't buy Bitcoin at but you will always have those Bitcoin you bought during the DIP at an higher worth in the future, cease every opportunity of buying during the DIP, buy as much as you can at the moment cause DIPs are temporary but Bitcoin stays forever.
everything have it measure and the buying bitcoin when the price is low is good and it always be profitable to investors so what I'm trying to say is that we need to understand the system of Bitcoin investment before we go into it so many persons who does not understand it is people that panic 1 bitcoin is taking a correction so and it's not today the thing I've started it has started a long time ago so bitcoin investment is something that you will invest and remove your mind

People just need to understand that dip is normal for bitcoin and there's nothing to get afraid for something like situation will exist. But instead people should know that once this condition occur then its time for them to monitor the market and do good decisions.

But sometimes there are people get easily panic when seeing that and hope they could able to realize that its wrong to get afraid on that situation but rather they should think about more proper ways on how to deal with those condition and convert those negative market movement into profitable condition if they do the right approach towards this coin. For sure once they experience a lot of things on their bitcoin investment for sure those skeptical people would provably understand what we are trying to say in this thread.
50  Economy / Gambling / Re: ✨ BITCASINO - Elevate Your Gameplay 💎 #1 VIP Crypto Casino ✈️ on: May 11, 2024, 08:42:29 AM
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Hopefully there's one of forum members here which is active joining on Bitcasino promotions have win this round. For us not lucky again we better try our luck next time. And will wait for another round and what contest they would launch again.

If someone win here congrats guys.
51  Economy / Speculation / Re: Now is the best time to buy the dip and HODL on: May 10, 2024, 01:20:08 PM
Btc price has dip below 60k, and most investors who may be wondering when best to buy the dip I think now is the time to buy the dip. it may not dip below this anymore. I know it fell to $56k but I urge people to buy more now before it rise again.

What if it gets dipper than this in some weeks or months time? The truth is that, you can never be so sure of the dip, so you need to employ the DCA method in order not to lose in some opportunities like this. No one knows how dip the market can be but we all hope to buy more at the dips in order to have more savings in our portfolios. The market have dip several times and we have also wanted the market to dip than this but the truth of the matter is that, no one can tell when it will experience the dip again after an opportunity has passed by.

Well you should not worry about the dip if your plan is to hodl since whatever price came up then its the best time for you to buy again. Other people think that they do a bad decision for not waiting for some few hour or days that's why they fail since this people got discourage for seeing that there's more dump happen and they lose a value for their bitcoins bought. They need to remember that if there plan is for long term then there's nothing to worry on those situation. Since they can accumulate more so they can increase their investment and hopefully in future the price pump they could able to earn a lot of money especially if bitcoin will hit another bull run season and we can see a great price achieve especially if the price would able to reach at six digits in figures.
52  Economy / Gambling discussion / Re: Is it proper for younger ones to gamble? on: May 10, 2024, 11:50:02 AM
Because nowadays the younger ones take gambling more seriously then school. Yesterday i got back home early so I decided to step out and go to a betting shop to catch some fun while gambling, I saw two teenagers gambling with their school uniforms on them.

I asked someone besides me why did they allow this boy's to come in with their uniforms and gamble, he said did they put any restrictions that younger ones are not allowed to gamble. I said but it's not normal, I replied him what if this are your kids would you be happy seeing them gambling with their uniforms on them. So what do you guys think about this situation at hand now.
There is nothing to ask about this, kids gambling in a betting shop isn't normal and anyone knows it. I don't know what the rules and regulations are in your country regarding this, but I don't think anyone below the age of 18 should be allowed anywhere near a casino. I used to think that online casinos are not doing very well because they are easily accessible by children, but if physical casinos are like that then I don't think we can question online ones.

Government and local authorities shouldn't allow this, and even if they do, the shop owner should have some ethics and shouldn't allow children to gamble only to get a few bucks extra as revenue. Even if gambling is legal in the country, this is wrong to another level, if no one stops kids from doing this, their parents need to be responsible at least.

Its not normal sight to see since there must be something illegal happening if we can see those young individuals going to those betting shops and they can able to bet just like what other people on legal age do.
They should not supposed to go there since they are prone for a lot of risk since young guys don't have proper decision making and that could affect them so bad especially if they go addicted or commit a mistake then lost a lot of money with that.

That's why I agree on what government is imposing and became strict on the casino regarding on this issue since if it happens that the law is not so tight for those kids then everything will be in huge troubles since we can see a lot of children will get off the good track.
53  Economy / Economics / Re: The collapse of central banks...Inevitable? on: May 10, 2024, 09:08:30 AM
The collapse of central banks...Inevitable? For Now, I don't this gonna possible I mean one country owns its own fiat and they believe in their currency. Just take a look at the Zimbabwe fiat it has lot of zero like million in a hand but the currency still active there and it happens on every high inflation country they still believe with their own fiat.

do you think Bitcoin will become the currency of the world? Dunno maybe yes maybe no but there is already a country that adopts Bitcoin as their currency and CBDC or central bank digital currency is being analyzed all over the world even in US Europe and Asia 



Don't also see if its possible to happen since first they are holding strong power towards economic changes in the world  and they can eliminate thru law and by the help of the government whatever things that compete or what they see a threat on their organization. That's why sometimes I really like what current situation have since we have freedom to use it and government just think about that this is an alternative rather than a competitor. Also if fiat will fail in certain country the government will resort to find another strong currency and what common things used by them is USD since they think this is their safe haven and they can use it anywhere they like.

I think its still far to happen that Bitcoin will became the main currency in the world since there's a lot of debate will happen and to many legal battles it need to go thru before this will pass and became legal to happen. They introduce CBDC so maybe this maybe got the higher chances to be used by government and for sure bitcoin will be less in their priorities.
54  Economy / Gambling discussion / Re: Attempting to turn 0.05 BTC into 1.7 BTC on: May 10, 2024, 07:48:26 AM
You're betting too high already OP, I feel like you can probably do some brakes on the amount that you're putting in, 0.025 is such a big loss so I don't know how you can continue doing that kind of bets in the future, you also probably don't want to be relying on these bets to pay for your medical school, that 0.05 could probably fund you here in the first year of your medical school, maybe even have more pocket money because that's already a lot of money. Is the 1.7 btc for the whole time you're going to be in the medical school? If you can get to 0.05, you can probably do it again until you get to that instead of just gambling it all away.
One year costs over $30,000 here. So 0.05 BTC is not enough for even one semester. Sad
I understand you but Irrespective of how much it costs, gambling your way there isn’t a good plan. It’s too much risk to take because you can end up with losing the money you’d have used to solve other problems, yet not going to the medical school.
At least, gambling is not a solution to make money, especially if he use much money. It seems he wants to make quick money from gambling but it's difficult to wins on gambling. He must realizes about the risks so he doesn't have to takes a high risk to bet on that amount. He can reduce his bet and slowly to wins and who knows, he can wins with his knowledge. Playing gambling doesn't mean you can make money with fast but you can lose your money with fast so you must thinks more to use gambling to make money. How about works as part time? I guess that can gives him salary and he can used it to invest in Bitcoin while waiting for the price increases. But if he still wants to try, we can wish he success to make more wins and much money so he can pay his study.

Some people failed to manage well their expectation and they think there's some easy methods they could able to do to earn fast cash. But majority of those people will realize once they experience the hardship on actual since they realize how hard to earn something especially on gambling especially if they are so aggressive to earn because they want to multiply their money as fast as they can since they use their winnings for their school fees or anything they are using it on.

Much better for OP to pack up since he is already in negative situation and just what you have said much better if he just seek a part time job since this is more realistic way on how he can sustain his education. For sure OP or lots of people learn from this and its so bad to see this happen for some individual who have wrong expectation from what he do that's why it ends up negative on their side.
55  Alternate cryptocurrencies / Altcoin Discussion / Re: what things can do if i hodle for long time crypto on: May 09, 2024, 02:09:06 PM

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

please update what things you do

Learning all how the process work for sure you can learn a lot of information by searching those information you want to learn.

Try to learn from this articles.

https://www.investopedia.com/terms/h/hodl.asp

https://wundertrading.com/journal/en/learn/article/hodl-cryptocurrency-strategy

https://www.linkedin.com/pulse/5-tips-holding-bitcoin-long-term-alex-mejias

https://academy.yellowcard.io/topics/how-to-hodl-crypto-safely-and-still-make-profit/

This are helpful article and to make all of this work it need good determination since if you are just thinking about doing that since you are interested to gain a lot of money without thinking the risk for doing such thing then maybe you might just come up their to lose your money. So to avoid that learn by reading and applying those methods you learn into your activities since for sure there would be a lot of possible to get in future if surpass hard challenge and learn a lot of things about crypto.
56  Other / Beginners & Help / Re: Newbies...don't feel attacked by high rank members on: May 09, 2024, 11:23:25 AM
Newbies should stop feeling attacked  by anyone when they are been corrected on mistakes that they make here, or when they create some kind of thread for merit sake, which some members believed that it is to farm merits. As a newbie, it is a norm that you guys will have no knowledge or little knowledge on bitcoin and the forum, and that is why when you come up with a thread or comment, high rank members will correct you.

Let the newbies not see this as a problem to them in order for them to learn on a free mind and grow gradually just as other members put their efforts and time to learn and grow in the forum. This forum is a place to learn a lot and there are experts in various boards here, so correcting you is not bad but to make sure that you don't spread wrong information that can mislead others here or even outside the forum. Almost everyone here in the forum with high ranks have been corrected when they were newbies too.

Newbies are not only being corrected but they are also being encouraged and being praised. This is why newbies need to take their time to learn by reading here and making researches to improve their knowledge in order for them to come up with quality contributions.

Hopefully there are many beginners who will read this and they will try to understand after absorbing what you say, because I have also come across beginners who complain about things like that and feel that they are being attacked by some people who already have high ranks. Even though the members who already have high ranks only try to provide the best thoughts they have experienced before to all beginners, even though those who receive the advice still think differently so there can be mistakes in understanding it.

There are times that newbies start to doubt about their selves if they are still relevant since they experience to get corrected by seniors of this forum and start to lost interest because they don't want to experience the same situation happened to them. But if they act like that for sure there will no improvement will happen on their side and instead to mock on those people trying to correct them then much better if they start to figure out on where they commit a mistake and correct it. Since self improvement is important so they can develop good attitude and if they surrender early without trying to improve then provably they remain on where they are and for sure they regret in future about not taking good actions while there still a chance to do it or correct something so they can improve.
57  Economy / Gambling / Re: ✨ BITCASINO - Elevate Your Gameplay 💎 #1 VIP Crypto Casino ✈️ on: May 09, 2024, 10:06:51 AM
Bitcasino post this conferences on X.

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It means they will attend on those conferences? Since this will be a big thing on their marketing since imagine they go on global stages to introduce their casino and gather a lot more people to gamble on their casino. I didn't see any crypto casino did this since so far, if the case that Bitcasino will attend on those conferences maybe they are the first casino will attend on this big event if I'm not wrong in my opinion here. Lets see if there's answer since for sure there will be more big things to happen if they participate.
58  Economy / Gambling discussion / Re: Devin Haney vs Ryan Garcia on April 20 on: May 09, 2024, 07:26:49 AM
Both A and B samples come from one container which is divided by an official conducting the testing. It’s practically impossible for one sample to be clean and another one dirty. This is why Ryan is trying to get ahead of this by claiming that the failed test is due to contaminated supplements. I don’t know whether he will be exonerated but he is already busy trying to hype up a fight with Errol Spence.
Can't Haney just let it go though? I feel like he's being a sore loser trying to cling to hope that Garcia is really using PED to fight him, can't he just accept the curse of Prime? I'm just kidding. But in all seriousness though, I feel like this investigation won't lead to nowhere, the drugs if there's really something in the system, would've been out because it's been so long. For me, the only way to resolve this is a rematch, but this one there should be an independent committee overseeing both boxers, that way there's no possiblity of cheating or PED.

Nope he's trying to regain back his record no matter what happen. He doesn't care about what people say since what's more important for him is to have a reason on why he got defeated by Ryan Garcia on that match. People already know how he's badly beaten by Garcia and almost he can't do anything on that match. Its big shame he's been knock down for so many times that's why he's trying to regain his self for that reason so he can came clean. Rematch is really the best solution on this since it can eliminate the doubts of people who's doubting about the result. But I guess Haney don't want this to happen since he's already afraid to Garcia since he know he has no match if they fight for second time again.
59  Bitcoin / Bitcoin Discussion / Re: FED action against bitcoin & crypto on: May 08, 2024, 10:35:04 PM
Apr. 24: Samourai Wallet Founders Arrested and Charged With Money Laundering
Privacy wallet devs arrested for... Developing a privacy wallet. One was unfortunate enough to be arrested in the U.S. and the other will be facing an extradition battle.

Apr. 30: Binance founder Changpeng Zhao sentenced to 4 months in prison after plea deal
CZ Got sentenced to a jail sentence in spite of him having made a very extensive plea deal with the feds only to avoid jail. He had even given up his role as CEO. CZ had willingly come to the U.S. to stand trial and he still didn't manage to avoid a sentence even though he fully cooperated. Albeit a small sentence it goes to show how ferocious feds can be.

May 1: DOJ charges ‘Bitcoin Jesus’ with $48 million tax fraud, seeks extradition
Early bitcoin supporter and investor Roger Ver, who had rescinded his U.S. citizenship and was traveling on a Saint Kitts passport he had bought, was recently arrested abroad. Now the feds are seeking his extradition.  

May 2: Wasabi Bitcoin privacy mixing service to shut down starting June 1, zkSNACKs cites legal certainty concerns
Another prominent privacy wallet shut down its privacy component proactively in light of developments from the U.S. pursuing action against privacy wallet developers.

They have always been against it  because they consider it as a threat to the present financial systems of the countries.While developers are increasing the bitcoin Software network,bitcoin is controlled by us all,and it'll take a very long time and efforts to transform whatever it is that bitcoin delivers to us.

This whole actions determines that bitcoin is a decentralized and the expected attempt to change or terminate it wouldn't be available or coming easily.

Aside from being a financial threat they don't really like the idea of being anonymous and those officials doesn't want people to have that option since its hard for them to track certain activities happening in online space and they don't want that money laundering will be rampant by the help of those platforms or coins that help some transaction not to be track by feds. That's why they do this massive campaign which is to eliminate those platforms and they are successful to drop down each of those famous mixers and other platform which running into same like model. Government make it look like decentralized since they find ways to control it and they use their power to make those things happen.
60  Economy / Speculation / Re: Buy the DIP, and HODL! on: May 08, 2024, 12:48:19 PM

No matter the size of your income, you can make provisions for, emergency funds, reserve and float. All you have to do is just assign a certain percentage to all of the funds you are to keep aside, you can say emergency funds will get 5% of your monthly income, 10% will go to  reserve funds, 20% investment and so on. If you can be able to put everything in percentage it will be a bit easier for you. Immediately your salary comes in you will know before hand how much you are putting in each funds account. You can't say your salary is too small and neglect to make provisions for any of the funds which you are expected to set aside, if you do it your investment will be tempared with on the long run. No matter the range of your salary, please always make provisions for emergency funds, reserve and float. It will save you lots of troubles in the future.


This is exactly how I do it, I have a % allocation of my disposable income that gets split up into the different places. The one thing to note, and most people don't do this but its a good practice to do is when your emergency fund is fully funded you should continue to add % based on the inflation rate in your country. This is ensure the buying power stays relative to your market. 3 months is good place to start as coverage for your emergency fund, and then you got options to go to 6,12,15,18 months etc. I personally capped it out at 18 months, but have been doing this a long time, 3-6months can usually deal with most things to be honest.

% based division of disposable income is nice too, because when you get a salary increase or even like "bonus" or "unexpected windfall" you can apply the same % divisions to spread it out into your different places.

Keep stacking Smiley
Investment success must be based on a proper planning and an additional amount of money to meet basic household expenses against disposable income. If you have a lot of income you can increase the amount of investment, but the amount of emergency fund coverage for a long period of 18 months but I think you are wasting. You could have kept coverage for at least 6 months and should have decided to invest the remaining amount. In this, you could get the investment profit of your extra money. Even during bearish periods more BTC should be invested. To be honest many are more conservative in decision making which may not be correct.
It may be a good decision to withdraw yourself from waste when you know you have to continue through the holding.

18 months is long enough preparation if  he mean about that emergency funds and we might just waste some money there for hiding a lot of money intended for emergency funds since for sure in span of 6 months we can find another opportunity that can generate us another source of income.

For people still got confuse about what is emergency funds and how should use it then maybe this article could able to give them an idea about its real use https://www.wellsfargo.com/financial-education/basic-finances/manage-money/cashflow-savings/emergencies/ They should not get confuse about their reserve funds since this is truly different since this can be a disposable amount which they can use for additional investment or other things they need in life. 3 to 6 months emergency funds reserve is enough and for sure we can secure our selves with that time span.
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