Can we expect any rewards , for participating in them in Q4 2023?
Participating in what projects? Dude, don't waste your time by testing new random projects! I think you are better to participate in established projects because their history and their future are clearer. I'm not sure there is a big chance to take profits by investing in new projects. I'm getting skeptical because many of them are just scams. I prefer to suggest people for participating in old projects that have good development. Anyway, it is already 2024. Have you got profits in Q4 2023? You need to let us know whether you succeed by testing those projects or not.  You are right, people should try to avoid trying out new projects, it really doesn't end up with all that good result in the end and makes no sense to me at all. I understand that people will not be really all that smart when it comes to investing into new projects, so the best way to go about that would be avoiding them if they can. If they could do that then they would do a lot better and people need to focus on the stronger ones. The best way to go right now would be just making sure that you are handling it well enough and that would result with you doing fine. I hope that people do not just put small amounts in dozens of projects just to make sure that one of them will do fine, because they could all literally crash to zero. |
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We wont really be needing any sign if we do speak about securing profits with our investment. Secure it out when you are already that contented.
TP when happy and with those common lines might really that something that basic but this is something that you should really be prioritizing.
Some people do held their position until they would be caught on the dump and ending up on holding for another cycle.
So you should really be wise on making those decisions.
We could definitely take profit when we feel like we have profited enough or we think that the peak is near and we are going to crash. Too many people end up thinking that they are going to end up with a trouble and we should probably avoid that as much as we possibly could, there is really nothing else we could do about it. I hope that the best thing we could do right now about this market situation is to just focus on when to get out, and if we could find a way to do that then we are going to be fine. Hopefully, life will be a lot quicker and we get to that bull run period, because waiting also makes some people need money eventually, the longer you wait the more chance there could be something in your life that requires money. |
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I think now is a good time to take some profits and set it aside.
That's your decision to take, any individual who has invested in the market knows what their initial target has been and what they have always wanted to achieve with their investment, and based on that, they can decide whether they need to take profit at the current price or wait for it to go up further. Even if it goes down from this point, we should be expecting a higher price because we are still anticipating the long-awaited bull run. Different people will have different thoughts about this thing I would say. Some might think that they should take profit and buy again if the market goes down again, and some might think that the market wouldn't go down anymore and they might miss on higher profits if they sell now. |
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What to expect? Here are the 2 prediction that I'm thinking:
1. Bitcoin will reach the price range of $150,000 - $200,000 next year.
2. Ethereum might reach the price range of $12,000-$15,000 next year.
Sound's impossible right? Of course, it's just a prediction, and TBH, my expectations are kind of low when it comes to bull run. I mean I just want to lower my expectations just incase. Nevertheless, having a strategy during the bull run will be help for you, and if you believe that the bull run will happen next year then start accumulating Bitcoin, and other altcoins already.
Well, nothing is impossible because we have seen the impossible happening in this industry. However, one should always have realistic expectations, expectations that have a higher chance of becoming true, and your predictions, in my opinion, are good for the next cycle because it will be enough even if Bitcoin hits $100k, that should be enough for this cycle and we can happily wait for the next cycle so that this new all-time high record is broken. The best time for accumulation was when Bitcoin was around $30k, altcoins were on great discounts back then but people were too confused about whether they should buy or not, and then the market started going up and people started accumulating at a higher price, the same is the situation for now. |
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Anyone here who retired with Gambling winnings ? If not, how much you think is sufficient to retire as Gambling winning ?
I wish to be one of those who retire through gambling winnings like from lottery. For me as long as I achieve financial freedom with the said winning it's all good. But since you asked us how much then I think if given a chance $1M would be enough for me and my family to live a safe, and decent life. It depends on several factors, like where you live, what kind of life you want for yourself and your family in the future, and price hikes, inflation, and other important factors of the future because things won't have the same value forever and we all know that as we enter the future, our money will not have the same value anymore if they are stored in fiat currencies since they lose value if not value, they probably will lose purchasing power over time. So, for some, $1M might be a lot, more than enough, to live a simple and good life, but for some, it might not be enough, especially if one wants to live a luxurious life with all the amenities and everything because you can't have everything in your life with just $1M, no matter where in the world you live. |
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OP what is this, you've created a long list of the important terms and skills every trader must have you haven't answered the core of your own question, What does a trader know? Hmm is what you wrote is the answer?
Haha, Becasue what I think is a trader must know that he's a trader until or unless he realizes that he's a trader he is not able to fetch any of the attributes OP you've mentioned. I know I know this is a stupid concept but this is the only concept bro. Like my teacher of English he always used to say keep it simple that's the reason I've kept it simple. Hehe sorry sir I respect your contribution but this is old stuff so I thought why not to put some spice into it.
Basically the idea was a trader should know these terms or something like that I assume? I mean that's what it looks like, there are some cliche stuff, and they are quite boring to anyone who has been around for a long time but I would say maybe he did it for the noobs with some good intention I can't really know. In the end, we have seen a lot of people who has posted a lot of stuff all around, so it is not like it would be impossible for me to have something shocking, it is just how the world is and how we should approach it as much as we could, there is really no other way around it. I understand that we are not going to see people profiting everywhere, but at least reading this would make them take one small step, not really bad idea, cliche but not wrong. |
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Does even freezing a customer's account curb irresponsible gambling or betting addiction?
Not at all! First of all, a casino would never freeze a user's account just because they find out that the user is gambling irresponsibly. They wouldn't even notice as long as the user is constantly losing because the money is theirs to keep in that case, they would only freeze an account if the user constantly wins which makes them act quickly so that the user can't win more. Even if they do it, just in case, a gambler can always go to a different platform and start gambling there, as you said. All they would need is to create an account which is extremely easy in cryptocurrency casinos, and then they can make a deposit and start gambling immediately without any restrictions or anything. |
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The two terms were Problem Gambling and Compulsive Gambling. I want to know if they are different in meaning and how different is their effect on their victims.
Based on my research, they aren't much different from each other because compulsive gambling means not being able to control the urge to gamble more even when you know the negative consequences, and problem gambling means not being able to limit your time and money that you spend on your gambling activities. So in general, both are in the same category with just a slight difference in their definition. And moreso, there's a statement I read in the comment section which is in the quote below. I would love to have the views of slot lovers in the forum on this. How true is this statement. All slot players are long term losers.
That's a correct statement. Any person who has played slots for quite some time will agree that you tend to lose more money than you might win in a slot machine in the long-term apart from some lucky gamblers that manage to hit high wins or jackpots which is a different thing. |
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Over the past few decades, the rise of terrorism around the world and the power and economic competition between developed countries have intensified overall inflation.The way of superpower countries are exercising their power with it, the less developed and developing countries are suffering extremely financially.Those countries suffer from severe inflation. In the past decades, the world has seen several wars and its terrible consequences are known to all.
Oil prices are up due to recent unrest in the Middle East. And oil is one of the tools for the economy of the world.
If this warrior situation is not calm then what is the worst course for the people of the world.
Looking forward to thoughtful feedback. How Bitcoin can help in this case. I think Bitcoin is the strongest currency in the world
It is not just war in "the middle east" honestly, any war anywhere in the world puts the situation at a tough place for the whole world, and that is the problem. We should realize that when two nations fight each other, it is not just those two nations that gets impacted. Look at Ukraine vs Russia war, that is not in the middle east, but from USA on the far side to Japan on the other side, and many in between, many nations felt the impact on it, could be for giving money to one side, or could be not working with the other side, it has been dealt with. So all in all I have to say that it is going to be a tough situation and we should remember that we are going to end up with something that should focus on what we could do on the long run. |
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I think when things generally get harder and the well-being of a good majority of the population is low, I would say people would tend to get more selfish, only looming out for themselves and their families. Public decorum would be a scarce trait as there would be anger and restlessness amongst the people. As things get worse, the humanity in people would gradually lessen and eventually become almost non existent.
There is always something you and I can do. And as for speaking out and supposedly being silenced, perhaps you aren’t being silenced and just maybe, you haven’t got an audience yet that would listen to what you’ve got to say.
As for our reducing lifespan, our choices in life which includes our habits and diet would play a crucial role in our health and general lifespan.
It is only logical that people start to think that way, it doesn't really put that much stress on the fact that we are dealing with a problem personally when we start looking at others. Imagine this, if your house is on fire, and also the next door building is on fire, would you go put out the fire they have first, or would you put out the fire you have at your house first? Everyone on the world would try to put out their own fire first, and this is exactly the same, we are all having financial trouble, BILLIONS in the world living in either poverty, or under average levels, only a few people live without worry of money, and only a few million are rich, in a world of 8 billion people having 5 billion poor or near poor, with 2+ billion living on average, and only a few million rich, you can't expect people to help each other out. |
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My only real tips would be to not worry about trying to do 100 push-ups at once. Break them down into as small of sets as you need to keep from hurting yourself. I also prefer doing push-ups on my knuckles as I think it saves my wrists from a lot of stress. If 100 a day is too much, maybe try to start with whatever "K" the Bitcoin price is at and work your way up to 100 along with Bitcoin.  I have to say, if you are feeling some pain or tiredness, then maybe you should slow it down a bit. Nobody really put the 100 push ups part to you, plus if you do less or not do at all for a few days, like on green days for example, that should be fine. We wouldn't want to see you get hurt, remember, if you do less, but keep doing, that would still be better than you breaking it again and not doing it at all. This is not a sprint, this is a marathon and you should be ready like that, it would make sense for you to take it slow. I would say do as much as the price, that would be good, or do as much as we are missing, that would be even better. For now it is 51, if it goes to 60k then only 40, if it goes to 90 then just 10 per day. That way it would be better and not hurt your wrist. |
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technically we already are in a bull market: after we reached the lowest point of the cycle (and I'm pretty sure we did) bull market starts. Right now it's the worst (and most risky) time to SELL Bitcoin and the best time to BUY Bitcoin. Any money you invest now will most likely double in the next 1.5-2 years. And it's going to be like this until 2025, cycle top and a new ATH.
Aren't there a lot of delays in the growth of Bitcoin's price at the moment which isn't what should happen during a bull run? This is the reason why I feel like we are not in the bull run yet but we are just very close to it at the moment. The last few days have been pretty good for Bitcoin, it has been showing positive movements after some time, and some altcoins have been following the movement as well even though some are still going sideways by now. We will believe that we are in the bull run if we don't see many corrections and dips and if there are larger pumps in the market than regular dumps. Since that hasn't been the case lately, I don't thing we are technically in the bull run but it is yet to begin, with full force. |
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I have seen several of these tokens, how is this even possible?
Community hype is what makes them gain value in such a short period because when a coin or token is hyped in the market, most people would want to get in and buy it so that they can profit from it as well since they hear promises and falsified developments and roadmaps which makes them feel that what if they are true and they miss out on huge profits? So they invest some money on it and when that chain continues, hundreds of thousands of people start investing and that is how those coins with no proper utility or use case gain high values in the market. Such coins and tokens are mostly called meme coins, and because a few meme coins in the history of cryptocurrencies have managed to provide great profits to its initial investors, meme coins have become a trend and people tend to invest in every single one they hear about hoping that they might become lucky and become a millionaire through it. |
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What are your thoughts about this one? For sure those who lost money in the FTX collapse will have to find console in getting some from FTX itself. But I don't think this is fair to their customers if they will be calculated on Value of Bitcoin in November 2022, just saying.
It should be in full and should be based on the numbers of Bitcoin they have in this exchange, in my opinion.
Honestly, not that I believe this would happen but if it does, then yeah it's still fine. Many will complain about it no doubt considering bitcoin price is over 40k right now, but the reality is that the alternative is not getting anything and I think that is still the reality. In a world where all FTX investors end up getting their money back, even if you consider bitcoin as 10k, you would still be getting something and we should remember that getting something is better than not getting anything. That may also have some good deeds on the bitcoin price as well, seeing a lot more people coming in and all that going into bitcoin, that may actually end up having some benefit for the price and help all of us make more money as well. |
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Sounds promising, and one can even gain more from fast-rising altcoins like this one. Although alluring, I wouldn't want to be a victim of scam coins, so, I'd do my research. Want to be quick though so I won't miss out if it turns out to be a really nice opportunity.
If you want to earn, especially a quick big profit, you want to take a big risk as well. There are still people who only want to take moderate risk so small cap coins like this are not alluring to them. Not all coins like this are scams because it is still possible for you to earn on them as long as you enter and exit at the right time. You don't want to be a victim of a scam, though even if you invest on a legit crypto but you are not committed on your goals, it is still possible for you to lose. When doing a research, you don't need to rush. That's so inappropriate and will only lead you to dangers. If a coin is truly great, there's more to come from it, so you can always catch up. |
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So far I believe and indeed I feel that the presence of banks really helps people whether they are poor or rich and I think so far nothing can replace the role of banks in people's lives, some alternatives that look pretty good like crypto which on the other hand can make people know more and feel about its benefits in life but basically not all people can accept the presence of something that is considered to be a solution or savior, and of course for this problem it is the business of the government that has the power which of course can convince and increase trust in the community if it is necessary to make changes.
You really said this with confidence? Na! Banks role in the society is because they help the central bank, the government and the banks itself. None of the money banks has is officially their own, it's people money they use, allow people to save, borrow the same money to people with high interest and then give back little to no interest back to the people that save money. If there is one role the bank has played is the ability to send money from one place to another but are they even free? No, they charge you for it. Crypto is absolutely for everyone, whether you are poor or you are rich, you will always be welcome to utilize your money with full respect, nobody charge you for anything except for the fees you pay for using the network which is normal everywhere, you don't pay for the protection, the people running the network are been compensated so you don't need to worry for another, unlike the banks that will charge you for depositing money into your account. Exchanges are sort of like that as well when you think about it. Binance doesn't really have their "own" money in that sense. Banks do have their own money, when they charge you a fee, when they give you a loan and then you pay back with interest, all those are income that the bank makes. Similarly, when exchanges charge you for withdrawal, the difference between what they charged and what the fee was, it's theirs, also famously the trading fee as well, billions everyday, even a small 0.05% makes a wealth. So all in all, they do make money from our money, but they do make their own money from our money in the end. I believe that it is still a business plan, and looks like it has been working for centuries with some crashes here and there. |
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But if bitcoin is a hedge against inflation then shouldn't the bitcoin price rise when inflation goes up instead of going down?
I'm guessing the answer would be that inflation causes bitcoin price to go down in the short term, but in the long term causes it to go up? If so then why?
Inflation cannot affect the price of bitcoin in the way you are expressing it. If you hold bitcoin, you are somehow against inflation because the money you use to buy the bitcoin if you keep the money in your bank, inflation will affect the value of the money as it will not worth what it worth now if the inflation rate is, but if you hold bitcoin and the bitcoin pump, it will maintain its value and even add more value which is clearly against inflation. Long term bitcoin investment is the best. That's basically what happens, OP is right and it happens and he thinks it doesn't. Inflation goes up, bitcoin price goes up as well. In fact, during 2021 bull run, inflation was high due to pandemic as well, one of the reasons why we peaked so high was the inflation too. Stock market goes up during that time as well, since inflation goes up, the value of fiat goes down, which means you have "more money" but in reality you also have the same money because the money you have while may look higher, it also can buy the same things since everything went up. This is why it's quite important to make sure that people know what they are doing with these type of investments and do not really end up with any trouble on the long run. |
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Biden doesn't understand bitcoin, this is too much for his old head, so he's given up and allowed "his people" to do what they want in this matter. These people struck deals with banks who want to slow bitcoin as much as possible. At first the goal was to ban bitcoin, but all the attempts to do so were stopped early. Their latest failed achievement was an act that was supposed to make all the wallet providers assign addresses to names of their clients, which was so ridiculous that it exposed their true intentions and lack of knowledge. It's of course impossible for wallet providers to make clients disclose their private information every time they make a new address and if introduced such act would mean that no wallet software would be available for US citizens. Unless... that's exactly what they wanted. They knew how this works and wanted to slip a ban through the Congress, thinking that not enough people will notice what it really is.
Time is running out for Biden and his team of crooks though. The awareness is rising among politicians and there's no way they can get the majority to ban wallets or mining in the US at this point.
Biden doesn't understand much about anything really, not anymore at least but he does basically decide on who should know more about what, which means he builds his team, then the rest is done by others. You can't put the blame on him at this point, this is more about his team, people who are in position to do these things and that is what hurts them the most. I understand that it is going to be a tough decision to make, and I get that we are going to end up with a trouble that would not be all that easy to handle if the people in power do not want this. All in all, governments are in power for a while, and they will change, so that means we are going to end up with something that will be either good, or bad and temporary. |
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We can safely conclude that the numbers are even higher than that for two reasons, to begin with, this only considers the coins that have already died, but it is safe to say that more coins of those that are still alive will disappear during the upcoming years as they are replaced by new projects.
And second, those are only the coins listed on CoinGecko, so all the coins that were not listed there are not being taken into consideration, and it is safe to assume that if a coin could not even get listed there then its quality was quite inferior to the coins which could get listed and it should have disappeared already.
I agree, at least 90%+ of them died, the reality is that we are just talking about the ones with some name and some cap, there are so many that died right after they released as well, they just got the funding and left, which is why it is not really all that much of a big deal. I get that people may overreact to it, but the reality is that we are not going to end up seeing any big number with the sustained ones, it is so easy to make a token and this is why many people try to start their own and get rich for it, and fail. It's such an easy thought to say "maybe we should start a new token, people will fund us, and we will be rich!" it takes 10 minutes to create a token, so it is not really something that would not be all that easy. |
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Ethereum is up to be next to be a confirmed ETF applicant.
It will be an important milestone for Ethereum to compete against Bitcoin because Bitcoin is already approved.
If Ethereum wants to stay close to Bitcoin, it should hurry up to get an ETF approved.
If they can manage to get the approval this year then they become the second most recommended investment in cryptocurrencies these days because that would make their project trustworthy to the investors and after that, surely there will be lots of companies will adopt and implement ETH to their company as they see some genuine business and potential profit with it. All the owner needs to do this time is to make it serious when it comes to the approval of ETH and not make any serious update yet in order to make ETH still at the top whenever plan A fails and despite that, they will gonna announce whatever innovative plans they have to cover their failure. I would say that it would be quite difficult to handle something like that, it has to be something that will be very hard to handle, and it should not really be all that easy to make that work. I get that we are still dealing with BTC and that makes people question the possibility of this but that doesn't mean that we are not going to end up with anything like ETH because ETF of it would still be possible and should be something that will benefit everyone. I think it has to be something that will benefit everyone. The more the merrier, we need more ETF's in the market, for btc and for eth and whatever else to be fair. It would mean that we are going to get a lot more people to invest into something that would be helping us. |
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