Bitcoin Forum
October 11, 2024, 09:26:14 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 [206] 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 ... 320 »
4101  Economy / Gambling discussion / Re: Can Chat GTP destroy poker on-line gambling??? on: October 15, 2023, 07:48:56 AM
Reading another post, it crossed my mind that AIs and particularly ChatGPT could potentially be trained with a large samples of games played by poker champions and then put it to auto-play with amateur on-line players. If this is successful, it could mean the end of human on-line poker playing except perhaps for the world masters and the like. Has anyone tried? Would it be possible??
I have never done anything using Chat GPT. But I heard this chat has made people's work much easier with GPT. Everything from agricultural work to people's travel needs has been made easier by Chat GPT. But here I want to say that this chat GPT can never predict people even though it makes people's way easier. Not just human prediction This chat GPT can not make any prediction. If can't predict how this chat GPT can play a role in winning in casino platform. This Chat GPT can investigate what happened in the past but Chat GPT cannot predict what will happen in the future. And this chat GPT will never destroy the gambling platform.

Chat GPT is awesome, you can just give it a try and check out all the different possibilities, it's free and we all can access it online. However, the big hype from Chat GPT is already fading and so far, I haven't noticed any difference when playing online poker. Usually, I play 1-2 nights poker per week and for the last several months the games are very similar, it's not like I started to lose more games now than usual. For me using Chat GPT to play poker is not really an option. I like to make my own decisions and I played for so many years that I kind of have fixed system on which I rely. The only reason for me to start looking for ways to include Chat GPT in my poker plays would be when I notice that all the other players are using it. I wouldn't say that this is never going to happen, but for now people don't seem to take advantage of the new technology. Maybe at higher stakes people are already using it, but then I would expect to read more about it on the poker news websites. During the last big poker tournament they didn’t speak about the impact of Chat GPT on poker.
You should know people, they like to overrate things and get them abandoned so fast when they realise they don't work. This is what is happening in this regard, ChatGPT is still a work in progress for both the developer and the users, they will continue to find a way to better it but I doubt if it can work to impress gamblers and even traders. I've said it many times, the house is not foolish, they have professionals who will be monitoring the situation too and work with different possibilities that could be against them. This will help them in adjusting their coding and offering to make sure that no artificial intelligence prevails.
4102  Bitcoin / Bitcoin Discussion / CZ's view on Halving on: October 14, 2023, 02:56:32 PM
I came across a feed today that shares the view of the Binance CEO on halving and I thought I should share it with you guys as I see it informative and no information is too small.



I can't agree more on this as part of what he states is happening now. The "chatter, news, anxiety, expectations, hype, hope" and speculation are now littering the internet.

Insightfully, this also advises calm and a need not to miss out at the same time for at least a full year.

4103  Other / Meta / Re: Should Merit-Sources use feelings when giving out Merit? on: October 14, 2023, 10:33:15 AM
Quote
Hey! I was thinking of something this night, this thing about merits and the merit-sources. If you are a merit-source, should you always give away merit to good posts even if you dislike the user that created the post?

ive wound up meriting posts from users in my ignore list. as sometimes ill see an ignored users post quoted by someone else and if its interesting ill go unhide it and merit it.

so yes people i dislike and even ignore get merited on occasion. but i wont go out of my way to find them.
This shows you have a kind heart, but many others won't.

And as for the quote you replied to, no matter how good and constructive you are, if you are not in line with the views and ideas of most people, they will never merit you. This is very bad since merit sources are not perfect beings, the posts they refused to merit might be the one carrying the rightest information and value.
4104  Economy / Speculation / Re: $35,000-$37,000 for Bitcoin in 2023 as my peaking barrier, is breakout feasible? on: October 14, 2023, 10:24:28 AM
I'm expecting a strong bull season post-halving but expecting bitcoin to hit $45k before the end of the year is also unlikely for me.  there are only 3 months left until the end of the year and we are even struggling with the resistance level of 30 thousand USD, so it is very difficult for the scenario of bitcoin to increase 1.5 times in the remaining 3 months.  unless big news like ETF approval is announced but that is also unlikely to happen this year. 32k$-35k$ is what we can expect, that would be more realistic.
I don't know why, it seems that I see what Bictoin would do easily and all my long-term analyses on it are proof of that, they always work as predicted. It's my joy if Bitcoin rises to $40,000, after all, I will make more money, but still, I like to face the reality, Bitcoin is not a magician as many would think, and the days when some whales will just be manipulative is over. It's following the due process on the market linked to the financial market itself, it might buy but certainly not as significant as hitting $40,000 this year anymore.

There is too much resistance to undermining the buying of Bitcoin in 2023 and only the immediate pre/post halving could help it and it's in 2024. Even with the $30,000 you mentioned, I don't see a viable resistance at that level. Resistances are below and are above it and there are many to stop its price from appreciating too high this year.

We have like 3 months to go before the end of the year and we might be borderline going to see $30k or not. But next year though, before the block halving, we might see the price somewhat around $40k'ish, at least that's what my prediction is. I doubt that we will see some kind of ETF approval there will be another delays but hopefully if everything has settled down, maybe the best time to get an approval is next year, after the block halving so that it will be one of the catalyst for a massive bull run that everyone is expecting. But in any case, for the sake of discussion and the end of the bear market, for me, the peak will be around $35k-$40k pre halving price.
You have a good point, this year is almost gone, though not all hope is lost. The Israel-Palestine issue is another bearish signal, who knows how long it will drag Bitcoin with it? For this and more, it might be difficult to see Bitcoin moving excellently this year, not even for the ETF. People are overhyping this ETF of a thing, it can't move Bitcoin significantly as many think.
4105  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: October 14, 2023, 09:50:30 AM
It looks like Arsenal and Man City will remain the strongest candidates in fighting for the title this season. But I still think openly that Tottenham and Liverpool will also be in the race for the title this season. At first I thought it was a competition between Liverpool, Arsenal and Man City. But after seeing H.Son and his friends play very impressively this season, I started to have hope that Tottenham would also be worthy of fighting for the title this season.

Because Spurs can even beat Man United and Liverpool. And when they played against Arsenal, it turned out that Spurs were able to hold Arsenal to a draw. So I think Spurs' strength this season is really something to be reckoned with.
Tottenham Hotspur got positive result against three top teams after getting draw with  Arsenal and success defeated Liverpool and Manchester United, left Manchester City strong opponent teams if got three points will make easy for Spur keep on the top position place. Upcoming two matches later after international break out, Tottenham Hotspur have weakness teams opponent Fulham and Crystal Palace before facing Chelsea.
Have chance for Spurs with Premier League tittles in this season although many predicting doubt with Tottenham performance keep consistency after second half.
A very nice appraisal of Tottenham Hotspur and I must say they deserve it but not as much as you are hyping things here. This is not the first time that Tottenham has been spectacular in a season without lifting the trophy and they mostly do this before the last months of the season, so what we see now can't be a strong yardstick to judge what will happen in the end. If at all, they will end this season below Man City, Liverpool and Arsenal, don't let their current top position deceive you, it's not the first time that clubs will hold that spot at this time of the season but ended lower than the 5th position. No doubt, they did well by beating the top teams but you should know that top teams have their downtime season too, many of the so-called top teams are disappointing for now, they play like a smaller team which is part of what Tottenham leveraged upon.

As for their play with Liverpool, it was marred with irregularities, which the body of referees also admitted to, and Klopp even suggested a replay. Liverpool tried if not for an own in the 96th minute even while playing with a 9-man. I only said this to point to the fact that huge challenges in front of them and they might grow fainter than you expect over time when the top clubs wake up again. They will however meet Man City on the first week in December and I will bet a fortune on it that Man City will beat them.
4106  Bitcoin / Bitcoin Discussion / Re: If only property I have is bitcoin on: October 14, 2023, 07:33:37 AM
Right now I'm thinking to myself of my investment and if only investment i have is bitcoin, and when I'm no more who will manage my bitcoin investment and how will my family know about my bitcoin investment, when  I was ill, I was asking myself series of questions in my mind.
> should I show my family my seed phrase ?
> If I die who will take over my bitcoin since nobody knows my seed phrase?
I don't know your age but it's never too early to write a Will if you are blessed with fortunes, and Bitcoin is part of it. First, it's not wise to have only Bitcoin as your asset, you have to diversify and be wise, anything can happen. What if your wallets are hacked or an unforeseen circumstance happens?

To the main questions, a lot must have lost their assets through this but the answer is so simple. You should have a Will that includes the information in it and let your family members know where to get the concluding part.
4107  Economy / Economics / Re: Would you prefer to own a luxury watch or invest in bitcoin or other assets? on: October 14, 2023, 07:23:21 AM
If given the choice, would you prefer to own a luxury watch or invest in bitcoin, digital assets, gold, stocks, or real estate?
The need for land can never diminish, and same as the need for real estate, bitcoin and gold, which I'm sure in most cases those expensive watches are always made of pure gold. But personally, i'm no celebrity, a public figure, a social media influencer, politician, or even billionaire businessman, that should care about trying to show up with a luxury wristwatch or anything luxury when these assets such as real estate, landed properties and Bitcoin whose value likely to triple or go 5x still exist. Because luxury is meant for wealthy individuals, of which if I'm to choose between a luxury watch and Bitcoin, I will go for Bitcoin as a lover of digital currency and for security reason, as watch can be stolen, but land and real estate  can never be stolen

You're right, why should i made a choice of what has the least security means of getting it safe from been stolen, how am i going to be sure that the watch am going for is not fake in disguise for gold, no one can fake bitcoin, it can be prevented from third party or being stolen, it's more profitable, getting it requires no KYC because bitcoin is decentralized and uses a p2p network, one can also easily lost a wrist watch at anytime and the whole item is gone for good and can not be recovered.
I believe what you opt for is the right choice for people like us, but we should still not generalize things as the status of the person in question matters. And to me, the discussion in a contest might still not be so detailed as there is individuality in all that we do and we can't absolutely define individuality without their status and reasons for their actions genuine or not. What am I saying? Choices will never be the same and we can't crucify anyone for it. For me, I will go by your choice, but some would do otherwise since they might even have another alternative to Bitcoin for investment and earnings and might not need Bitcoin as a choice. While some other people use luxury items for reasons, it might be for marketing or influence and it has their benefits in some other climes. So, everything isn't about Bitcoin, some people invest indirectly or connect to their society and relevance for business through luxury lifestyles.
4108  Bitcoin / Bitcoin Discussion / Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻 on: October 13, 2023, 04:50:28 PM
The people did not kicked about it when it was newly introduced, you may say that only few people have the idea and understanding of what bitcoin is then, those informations we heard were orchestrated against El-Savador and bitcoin adoption in general which the president refused to acknowledge, you can see more on that starting from the threats coming from the IMF then.
If you think the super powers will give up their monopoly of global financial system so easily, the joke is on you. They will use every means to discourage people from embracing anything that opposes their power and control. IMF, the media and other institutions they use will be fully deployed to spread fear and misinformation just to achieve their aim. Well, the world is getting wiser per day thanks to the internet.

The question now is upon every attack that the government has made, other institutions and also the general public concerning bitcoin, what have these got to do with the globalization of bitcoin acceptability, everyone trying to start bitcoin ended up stopping theirselves because bitcoin cannot be intimidated by any political power or people, this is why El-Savador keep standing strong because they are independently on their own
That's when they should appreciate the use of Bitcoin as money because it is not subject to inflation. The value will continue to increase as time goes by. The US government if given a choice, they would remove Bitcoin from existence because it is a threat to the hegemony of the US dollar, but they cannot do so because of the decentralized nature of Bitcoin.

Even Bukele admits that any country will need time to achieve prosperity. BUT planting seeds across the country is the right way to make improvements and that includes educating or creating a skilled workforce for all citizens, especially the younger generation.
I appreciate you trying to praise Bitcoin and letting people see reasons to own it, but you are just out of the line in many of your writeups just like many others here on BTT. Overemphasizing things is very bad as far as I'm concerned and is misleading people. There is no threat to the USD from Bitcoin, neither is there any threat from Bitcoin to the USD, the two have to continue to cohabit in the financial stream just like other assets before Bitcoin without any show of hatred that you people are pitching them together with.

It's a very good development for El Salvador to accept Bitcoin as a legal tender, they have their reasons which I fully support, but still, Bitcoin will never solve all of their financial problems, they need to work decisively on their further policies dispensations and economy and not rely on acceptance only for their flourishing future. There have been assets before Bitcoin and there will always be as they serve the same purpose as a store of value and have appreciated significantly against the USD in the past without being lousy about it. Bitcoin as an asset for investment has ever had the prospect of continuous appreciation over time, and of course, the USD is the currency that is most paired with it and it must appreciate far against the USD by virtue of its nature, but the USD itself will not lose its value because of this, it's only Bitcoin that appreciate against it and this is never a thread whatsoever, so I don't know why you view it as such.

Mind you, if the US citizens have more Bitcoin, it's a plus to them rather than the way you are viewing it as if it would cause economic issues and hence hatred for the coin. Even the US government owns their Bitcoin, so what?

Let us stop misguiding people and appreciate the fact that the US government is one of the world powers that still support it. Or do you think if they declare a ban on Bitcoin today, it will be easy for the price of the coin judging by their standing in the world's politics and economy? China and some countries did theirs without hiding but the US never did such but finding ways to regulate the use and business around it. The citizens of the country are also one of the greatest investors of Bitcoin in the world, at least we should give them that respect.
4109  Economy / Gambling discussion / Re: If we lose in gambling, what do we need to do? on: October 13, 2023, 01:37:45 PM
~snip~
I agree with your opinion, if you win it is good luck for yourself, whereas if you lose it is better to just stop, there is no need to chase a loss that we don't necessarily know the outcome of later, it could be by gambling continuously just to chase defeat, which we accept that we are far from winning and we experience many losses. And then he will feel regret because he was too optimistic in playing gambling uncontrollably.
Recovering from losses or chasing more wins will only give us bigger problems because it is likely that we will lose more money, especially as this has happened to many gamblers, so we must be able to prevent it from happening to us. And we will regret being too optimistic even though no one knows the outcome of gambling. Even though we try hard, if we don't have luck, we still can't win and will only cause more losses. So we have to understand the position and situation we are facing to prevent it from happening to us.
It's high time people admit that gambling is not child's play and those who are in it have to know that no one can beat the house. For this, it's not what we can do in a hurry or when we are under pressure, it's such that we should do when we are out of emotion and with our absolute senses so that it will give the right room for calculation, coordinated thinking and plan, not what we do under loss and stress. This is especially true if the person is gambling in a casino and not a sportsbook, the risk is high and I could say that there is a 99.9999...% chance that such will lose regrettably. So what's the point, why waste money senselessly? Gamblers should calm down in this situation and leave the battle for another day when they are well settled.
4110  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Binance almost cost me some TRX fortune on: October 13, 2023, 09:18:02 AM
-snip-
Like you said you blocked them from mailing, and even if you want to argue further this alone already justified you, don't quote me wrongly as I am not trying to defined Binance but rather putting the blame on you for turning off your mailing notification from them.
I can't get you wrong, only that you got the gist wrong. Notification is not the issue, I get the latest information elsewhere and I'm within my rights to block their promo emails and leave the transaction email because they were spamming and annoying. I was still very much aware of the change, they only have their internal dissatisfying transaction.

My dissatisfaction is that they sent a new transaction with an old address and didn't want to receive earnings into the old address despite forcing my broker to accept the one the money originated from (old address). Why didn't they use a new address for it as it should be? This is beyond my selection, and the awareness of the old or new addresses is not the context here but Binance making me use the old address to transfer unaware which they should have changed by now. This happens still.

4111  Economy / Gambling discussion / Re: Gender in Gambling [differences between Women and Men in Gambling] on: October 13, 2023, 08:59:58 AM

Im with this, on the time that we are on our gambling session then we dont really care whether we are against or in table with neither other men or some women which it isnt really that our concern
in regarding on this kind of moment because you would really be solely be focusing on the game and how you would really be making out some good decision towards your gambling session.
I dont know on why there are really some people who are really that too mindful about gender or in between men and women in regarding on dealing up with things which we know that
gambling is really that for everyone. There's no such thing about being having the limit on what gender could be able to play or not which its free for everyone.

It do really just turned out that there are really people who are really that love to make some issues or talks about those women who do get involved with gambling.
Yes, its unusual but doesnt mean that they are prohibited on going into these premises on the time that they would be deciding on having some entertainment for themselves.
Nowadays it doesnt matter what gender you do have because it is really that always free for everyone for you to play as long you do have the money then thats what really counts.


You are right, there are people who keeps minding others' business and they love talking about it, and just like what you said women gambler is already existing and it's just to those who translate what they are seeing but in the point where equality is already practice then there's nothing that they should talk or discuss, it's freedom that can also be entertained by both genders. You can see both men and women mostly inside the offshore casino enjoying together if the government allows this kind of entertainment and that's it.
It's not all countries where women are permitted to gamble or do something that such thing is viewed as manly. Again, in restricted countries, we can't expect women to display their betting lifestyle, even though some will still be gambling, but will have to be secretive about it and will only use those accounts that can't be traced to them, and thankfully, there is crypto and the option of VPN. The downside there is that such restriction would have dissuaded a lot from gambling and many will not know about it till they grow. So what you are not exposed to, you don't get to know or have cravings for it even if you later know.

That aside, it's important to know that things like gambling will always be more patronised by men due to our nature despite women having almost the same population in the world as men. In countries where both men and women are permitted, the percentage of women is so low. Although this varies among countries, it still suggests that what they do in an environment matters too, which could cause shame and dishonour to some women doing it. While some do not just care about it as their focus is elsewhere.
4112  Economy / Economics / Re: Is academic pursues enough to get incomes? on: October 13, 2023, 08:41:34 AM
The rest have to go with the traditional way, earning an educational degree and trying to look for the best job for their niche. A lot of people say that degrees don't matter, all you need is knowledge, skills, and experience, I only partly agree with that, because a person who is the sole breadwinner for their family can't just keep trying to get success through their skills and they eventually have to find a way to at least earn some money to survive.
.

So whether or not you have an academic degree depends on each individual's opinion, there are those who hope to get a job from the government with a guaranteed monthly salary and pension, but those who don't have an academic degree hope to become big entrepreneurs.

Your academy degree doesn't guarantee a job especially with the government in some countries. That means getting degree for job depends on the country you leave. In Nigeria,due to corruption, a man with no degree that can speak English can be offer a government job while graduate with degree may not get any.
Things are always awkward in insane countries, Nigeria is unfortunately one of them where things are upside down. Regardless, education is good, it will always give you leverage irrespective of how you want to look at it. We should not forget the fact that luck also plays its way out in securing a job, which is why people with fewer qualifications could secure a better job than people who are more qualified. Other players here are politics and connection, this is happening so well in countries, the more you know people or are politically exposed, the better the chance you have, including anyone close to you to get job benefits.

However, I advise anyone living in a country like Nigeria to always have plan B, the leaders are corrupt and clueless. So, you fight for your life, or else, you waste it believing in a white-collar job.
4113  Economy / Scam Accusations / Re: kucoin withdraw block nightmare. STAY AWAY FROM KUCOIN on: October 12, 2023, 03:54:28 PM
Before this problematic withdrawal, I withdrawn even higher amount a week before without problems, and in older times, I have withdraws of even more, zero problems.
I never do futures or margin, I don't even understand them properly.
Deposit was from another very well known global exchange, and it was not the first. I just subscribed to some earn product on kucoin with the deposit, when product matured, I wanted to withdraw it back to the other exchange, that is it. I did similar things many times. ı don't even spot trade properly on kucoin, I mostly use earn products when I see opportunity
I do not gamble, this is not gamble money or "mixing service" whatever that is.
"Not Your Key, Not Your Coin" has unfortunately played against you here, no one should trust a centralized system for any reason, and I can't imagine myself leaving 50,000 USDT in a single exchange, I don't think I can ever get that mind. My experience with FX brokers has taught me a big lesson in this regard. I rather distribute them in 5 exchanges if the business dealing must pass through exchanges, or else, I prefer to either have my money in my USD bank account or non-custodial crypto wallets where I know that it's indeed my asset.

As it is now, it's stressful, but you should not panic, I believe you will get your money back as long as it's from a legitimate source, it might only take time. Just continue to mount pressure on them and let them know your plan for a legal pursuit if they did not yield, but let this be the last resort plan.

Give them all the necessary documents and scenes required and let's see how it goes. They are using styles like this to scare people, while the faint in heart or those who got their money through illegitimate sources get scared and disappear. Big accounts are often their targets, regardless, they will cough the money out when you are legit, disturbing and determined.
4114  Economy / Gambling discussion / Re: Gambler avoiding friends after a big win. on: October 12, 2023, 03:16:22 PM
That's a common thing to happen. Many people change because of money. Not only because you managed to win big but also because of other things related to money. So we shouldn't be surprised if that happens to people because money can change people easily. Maybe his partner doesn't want to share or share his winnings with other friends. He did that for many reasons, and rather than just guessing, it was better for him to ask his colleagues why he had changed since winning such a large amount of money. That will answer all their questions and they know the real reason.
That's one thing that will make everyone of us change, money. But also, for some that's just not a real thing because they remain what they are and they're not cutting their bridges to their friends even if they win big amounts of money. It's a matter of individuality and some really knows the true nature of them. They're willing to cut ties just because they've won some amount of jackpot with their bets and they'll not letting people know about that until they start to show signs of avoidance.
We are humans and we can't entirely blame those who cut ties with friends because of money or a status change, except it's bad to cut ties with true and reasonable friends because of money. If they are regular friends that you don't actually have that trust for or bond with, it's fine, otherwise, you are bad by cutting ties with friends simply because you have won big money.

Some friends are actually worth cutting ties with as they might not be valuable in any contributions other than flexing with the money and frivolous spending like drinking alcohol/drugs, carrying women up and down and sleeping in clubs and hotels. If your friends are bad influences and could influence your mind, you might want to run for your dear life, especially if you are of a weak mind. Also, some friends could be a danger to some people, knowing if such might cause their life to be in danger, they might want to run for their dear life.
4115  Economy / Speculation / Re: Bitcoin price guess, 2023 on: October 12, 2023, 12:03:22 PM
Or I would say that in the beginning of this year, we thought that $50k will be the bench mark price entering halving next year. But it's very different, after reaching $30k++, the price seems to be not moving up, and on the contrary, it just goes down and then we hit the sideway patterns.

So I guess at the end of the year, $30k should be the barrier that we need to break. And if ever we touch base that price, I would be happy even though I predicted that somewhere along the $40k-$50k is achievable.

It might happen to be that $50k can be the bench mark but that speed we are expecting is really not coming so the expectations of getting to that $50k won't be possible, but I hope it did at some point.
Let $30k be the expected amount by the end of this year if not more than ($32-35k+). I loved the way Bitcoin price started this month and to me is like a warning in a positive way that something big is on it's way, like I'm not talking about the expected halving but the current price it will hit higher before November.
$50k benchmark still possible this year? I doubt this will ever happen and I knew what Bitcoin would do from the beginning of this year, it has not made any serious attempt to prove me wrong till now. Aside from my doubt about the $50k being hit, I still don't believe it would hit a lower price of $40k this year anymore. The expectation of halving is not making many buyers that will hold it for at least over a year start buying believing that it might still fall so that they gain more striking from low prices. But the narrative will change with ardent bitcoiners buying and holding it shortly before, during and after halving, and this will help it to rise significantly.

Bitcoin will make the real surprise next year, but not this year, and it might indeed surprise people with the level it would mark another ATH. But this year, I don't even see it breaching $35-$37 as I've always indicated.
4116  Other / Meta / Re: Huge site outage! on: October 12, 2023, 10:45:12 AM
Everyone who checked the site at that time would definitely face the same issue and it was more than 3 hours of downtime. It's a domain error and I'm glad it's back on now.

This same thing happened in June and was later notified on the X platform, but the same was not the case this time.

4117  Economy / Trading Discussion / Re: Stop Trading on: October 12, 2023, 10:23:42 AM
Just as a skillful soccer player knows when to run with the ball and when just to hold the ball, a skillful trader should know that there is no need to always trade, and the need to know when to trade, and when to just observe the market. knowing that can also help to improve the profit they make by reducing the losses they can make by trading at wrong times.

Another time to avoid trading is during holidays.
That is a good point, traders are used to take action whenever they see something happening on the market, so eventually this becomes their default reaction to anything, but this is a mistake, there are market conditions that should not be traded and the best thing you can do is to simply go out and do something you enjoy instead of staring at your screen, however for a trader this is something very difficult to do, so they will try to trade during those difficult market conditions and lose a lot of money they could have saved themselves by literally doing nothing.
If you develop addiction in trading, then all you want to do is just to trade even when the market is not suitable to trade. Instead of just observing the market or enjoying your other habits, but because of greed you insist to keep on trading and see yourself losing in the end. This is not actually good, but if losing could be the only way to learn your lesson, then probably it will help you instead to realize that trading all the time is not a must. You must know when to trade and when not to, that’s the only way so you can maximize your gains and at some point, lessen your losses as well.
Losing, or should I call it failure in trading and in life might be a reason for some people to learn more and be more adequate next time. But this is not always the case in trading as it might ruin some people due to its addiction and they might have the motivation every now and then that it would change and they would be better, but such might never happen.

I was in a similar situation many years ago, and for over 10 years I was just wasting my money. This is because I believe that I always know the mistakes I made that caused the previous losses. I would try to adjust but make a worse mistake the next time, and it went on like that until I discovered that my problem was psychological, and we all know it, psychological problem is not easy to overcome. This is the problem of many traders losing today, only a very few will actually make it while others will continue to lose money.

Should they now quit? The answer solely lies with them.
4118  Economy / Gambling discussion / Re: Best Practices for Staying Safe When Gambling on: October 12, 2023, 10:11:16 AM
To stay safe when gambling is at our own discretion, if we gamble responsibly then we are going to see the very outcome of doing so, if we don't as well we are going to still get the outcome through the negative end, we should also gamble with all disciplinary caution in other for us not to get it done the wrong way, gambling should serve us nothing than fun and other advantages with benefits to us everytime.

indeed! this is entirely dependent on the player himself. to what extent he would want to go in his gambling activities. no one can dictate what he needs to do. so much better that he will always assess his situation every once in a while so he is not going in the wrong way.
I concur with this as well, it's solely dependent on the player as there are some who are in for the money when it comes to gambling, while a few will gamble for fun. The context of "gambling" wouldn't have been heard from so many people if not for the money and I believe that gambling wouldn't have been popular at the same time if not for the belief that many can make riches from it. It would have been a different gaming outing sense if all were viewing it as fun and it could be as easy as paying for a gaming service instead of betting as we see it today.
4119  Bitcoin / Bitcoin Discussion / Re: Knowledge vs hodlings on: October 11, 2023, 10:40:14 PM
Of course that is a good thing because before we are in bitcoin we must know in advance what bitcoin is and how bitcoin works so that we can be sure that what we are doing is not wrong and put what strategies are suitable when in bitcoin.
Nothing is 100 per cent in knowledge because knowledge will continue to be updated and when we learn something everything will definitely be lacking and have to learn every day but that's not the point, we learn bitcoin first is not intended to know up to 100 percent about bitcoin because it will not be done and it could be that you will not be in bitcoin if you want to learn the knowledge to 100 percent (because bitcoin will also be upgraded every day and the knowledge will also definitely increase) but do learning until you can really believe that bitcoin is one of the investments that can be used as our guide in investing because when we already know the basics and what bitcoin is, we can invest while continuing to learn bitcoin.
The most important thing is basic knowledge after which it can be run simultaneously with the investment that is started, if you want to understand all the ways bitcoin works then it will be difficult without practicing it - let's call it while investing over time you will understand it.

Yaahh it's impossible to have to understand the science of bitcoin 100%, at least they know how to invest accordingly, how to run investments as long as they are able and how strong they hold while still accumulating, basically we expect profits so we have to understand from that side first.

Thankfully if you understand to the technical bitcoin to get deeper, but for now my own personal to keep learning about learning bitcoin while doing DCA every week.
What must be understood here is that we don't have to be perfect first to start something, especially when discussing the latest technology, where every day there are always new things to learn.
When we try to be perfect first in learning in bitcoin but do not take any action forever we will not be able to enter bitcoin because to what extent you learn to understand, still not all knowledge can be obtained only by learning to see theory.
You must try to take action in this case to invest directly as a form of your effort in doing what you want to achieve.
Because we also have to realise that when we only grapple with theory without doing even 1 time practice it will only be empty knowledge. Not that it's useless, because everything is definitely useful, it's just that it will be bland because you don't have any experience as a form of your reference for proving the theory you learnt.
If one thinks that one can learn everything before making an attempt to put the knowledge into practice, then that person is making a mistake. Everything can't end. As Bitcoin is growing gradually, we can't learn everything about Bitcoin. However, new things come every day, so if we learned little, we should practise the little we have learned.

When we are talking about technical things, we don't have to depend on only the theory, one also needs practical. Gaining knowledge without doing it is a waste.

If we learn about Bitcoin on this forum, and we don't put the knowledge into practice on our own, then we are not learning anything, rather than just come to the forum and have some fun at the end. But when we think about learning and also putting it into practice by investing in Bitcoin, it shows that we are serious about learning.
What a simple perspective of knowledge and its practical use! Your point about jumping into practice without understanding Bitcoin and its complex ecosystem is somewhat true. Learning is an ongoing process, especially in the dynamic bitcoin market. Unfortunately, its a narrow perspective. Before investing or trading, one must comprehend blockchain technology, cryptography, and economic ideas behind Bitcoin.

Are we undervaluing theoretical knowledge because we want to act now? Bitcoin is rooted in technical and economic theory, thus buying cheap and selling high is not enough. We must also comprehend market trends, regulatory settings, and security processes. Practice is important, but viewing it as an endless circle without practical outcomes is risky.
I welcome some of your ideas but not all, you don't have to be the tech-savvy guy before investing in Bitcoin. Trading and investing are different from the technical part of Bitcoin, not everyone will know that aspect and not everyone has to know it before they gain immensely from the coin. It might surprise you if you investigate this, you might wonder that those with business-oriented ideas about Bitcoin make more than those who are technically involved in it. Fine, there is nothing wrong in trying to brush through how the coin came into existence, but the main deal is to invest rightly as far as I'm concerned. It's all about risk and your affinity for it, once you treat Bitcoin as an asset and you have a good investment idea, then you are good to go. And I must say that Bitcoin will not disappoint, just find your investment style and plan with it, you will get to make your money regularly and even make it huge if you can leave and forget (Hodl).

Just be decisive and smart in your approach, some had taken the risk on Bitcoin without knowing anything or much but just believed in the new innovation of blockchain technology in the financial system and used their futuristic wisdom to believe it has a good prospect and bright future. Such people are millionaires in USD today. For this, when it comes to Bitcoin today, I always advise people to act before thinking, and if they must think, they should think about the success in the past and how it has helped people to beat inflation in multiple folds. This might be funny, but if you look at what has happened in the past and Bitcoin's past cycles as well, one should not heavily persuade a sensible investor to commit their money to it. The record is there and it speaks for itself!
4120  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: October 11, 2023, 04:02:42 PM
After the last 2 matches must lose, Manchester City will host Brighton in the upcoming match. Brighton also has the status of not an easy opponent to beat, they play well even though the last 2 matches they also struggled and had to lose and draw. Manchester City must not underestimate them in this match, if they do then Brighton has the potential to give them 3 defeats in a row. The absence of KDB affects their attack line, yes now they are a little difficult in building attacks and providing passes that spoil their attackers.
Man City have lost three of their last five games, although they did very well against Leipzig in the UCL... But still they are having bad results now... Brighton are not playing very well either and even got seriously humiliated by Villa... But I still think City will win at home... Last match with City Brighton played at home in a draw... I think they will lose this away game...

City have the strongest squad in the Premier League. But we haven't seen a good performance from City in the last few matches. As Manchester City are looking to win the title, they need to play better. Manchester City's performance against Arsenal was very disappointing. They did not make any attempt to attack in this match. We do not know why City suddenly played such a strategy. However, the performance of both Brighton and City teams is a bit slow now. They are not playing well. Both teams have lost points in the last two matches. So both will aim to score points in this match. Brighton have been scoring a lot of goals this season. That's why I don't think City will win this match easily.
Don't forget that clubs are not without their downtime, their players are not immune to this well, let's assume that this is the downtime of Man City, they will surely bounce back over time. You can see something like this in the last season before and after the World Cup when Arsenal seemed to be dominating them, but in the end, they got to lift the trophy with impressive performance all through the latter time of the season. A similar situation might play out again this season and I believe so well that Man City is still the number 1 club in the EPL, others are only following. Maybe Haaland will come out of his issues this time as his low form contributes to the woe of the City.

As for the match against Brighton, I believe that Man City could win, but at this point, one can't overemphasize things with the drop in feats of Man City. It might not be easy since Brighton is a very good team and fearless at the same time.
Pages: « 1 ... 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 [206] 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 ... 320 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!