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421  Bitcoin / Bitcoin Discussion / Re: Have you successfully influenced someone to invest in bitcoin ? on: May 12, 2024, 08:42:03 AM
So far, it's only with my parents and I can probably call it a success because they've already turned a 3x of profit because I convinced them to buy a small amount of satoshi to jumpstart their desire to invest into something, they did gave me about $200 to buy and I just did a one and done buy with bitcoin at around 23k if I recall correctly, fast forward to the time that the price peaked to an all-time high and I sold their investment and they were so happy that their mere $200 turned into $600 with just a little patience, taught them now the basics of investing in bitcoin and made them an account in ByBit, now they're doing the investing on their own, I did tell them that they shouldn't trade with their bitcoins though, they're better off hodling and accumulating that bitcoin and then selling it when the price goes higher than when they've initially bought their bitcoin.
That is nice to hear because not every parent is open to these kinds of investments. Most of them are traditional investors and are not willing to explore into new invesments like Bitcoin.

I guess everyone who has had enough with their friends and relatives that they are not interested on it dont want to talk about it anymore even if someone starts to ask them genuinely about it.
422  Economy / Trading Discussion / Re: My trading constitution. on: May 12, 2024, 07:07:20 AM
Is it just me? Labelling it with such system makes it sound like a scam that we usually see on the web.

However, it is true that it all comes with a strategy or you call it a system.

There have been too many traders that think trading is an easy thing and profitable without having solid foundation and knowledge.

But little did the know, they have to go through extreme losses before understanding the profitable strategy that they will come up with.
423  Other / Off-topic / Re: Voting for signature campaign participants: how do you manage the received BTC? on: May 12, 2024, 04:26:42 AM
I do random things on it, I have got in the past that I am still holding. If I need fiat, I exchange it in fiat.

As for altcoins, I do exchange a few of it but not that much  a lot anymore.

So to me, it is random whatever I want to do it. I have holdings in BTC but not a fan of too much diversification in many altcoins.
424  Economy / Trading Discussion / Re: My trading method on spot market with this year on: May 11, 2024, 11:02:32 PM
And then i'll keep doing DCA buying every day 10$-20$ for each coin.
That sounds a plan but isn't this kind of DCA is going to be costly for you because of the fees that you'll be charged when you do it on a daily basis?

By the time by doing this and when bull market start i'll be in profit after one year 5x-10x possible.
Just as what the others are saying, do not time the market. Yes, we've got some plans but whenever you are in a position of being profitable, you take what you have to take.

That's how it goes so as you DCA into buying, you should DCA as well when you're in profit.
425  Other / Off-topic / Re: How to get rich on: May 11, 2024, 10:22:31 PM
Hi guys, I am 19 years old and know a lot about finance (ETFs, funds, crypto, stocks, commodities)
I have been Bitcoin swing trading for a year and I am still not profitable. I would like to be self-employed as an investor or trader after my IT education. Does trading really work in the long term to be profitable?
If you are for the long term, both trading and investing can work to anybody. But know that it's not for all so, if trading doesn't work for you. It's either you keep on testing strategies and gain more experience.

Or, you change your path and become an investor which in my experience have been more profitable than doing swing trades for years.

Being a holder of BTC is easy and means a lot to me and that's why this strategy is also being told by the others. So, since you're already here might as well try to be a holder of Bitcoin.
426  Other / Off-topic / Re: Housing market on: May 11, 2024, 09:58:31 PM
Can we assume that there will be a zero interest rate policy again in the future? I am 19 years old, am doing my IT training and would like to invest in real estate afterwards, but the costs would otherwise be too high.
I don't think so.

The real estate market is where the government and the banks are earning a lot of money in the long run. But possibly, there can be some scenarios that will be in favor of what you're thinking but I don't know how it can be.

They can lower the interest rates but I doubt it that it is going to be zero interest rates. Or maybe some incentives that they can give for a few months but not entirely going to the pit to zero.
427  Economy / Gambling discussion / Re: Double your money and quite on: May 11, 2024, 02:06:21 PM
And I agree with your opinion that we should only gamble with small money because it is a safe way so that we don't regret it if we lose and lose our money easily and quickly.
Even with small amount when we gamble, there's the regret afterwards. You'd feel that when you don't gamble at all times.

But when that money of yours came from something that you've worked hard, you will have sometime before you move on. The better thing with that is, yes it's small and you can afford that to lose.

Just as a heartbreaking story, even with small amounts, you'd also feel especially if you're living economically challenged.

That is the risk in gambling and we as gamblers must be able to accept it, both small risks and large risks and regarding regret as a result of losing the money we have, I think that is normal and certainly all gamblers already know that and perhaps some have experienced it.
However, back to each individual gambler, if they are experienced gamblers, losing money is a normal thing and they will not worry about this because they already understand the risks in playing gambling in the future, but for beginner gamblers they lose. With just a little money, they will definitely be shocked and not used to it, but slowly the novice gambler will get carried away as has been experienced by other gamblers.
Yeah, pretty normal when you are seeing that money go.

But that's the reality in gambling, sometimes we good and win but mostly we don't so, acceptance is the key when we are doing it. And even if we have the aim to double our money, it won't happen at most times.

So for those with that goal from day to day, lessen your goal as long as it's still profit because doubling or at least half of it nowadays is hard to achieve.
428  Economy / Gambling discussion / Re: Double your money and quite on: May 11, 2024, 12:56:39 PM
And I agree with your opinion that we should only gamble with small money because it is a safe way so that we don't regret it if we lose and lose our money easily and quickly.
Even with small amount when we gamble, there's the regret afterwards. You'd feel that when you don't gamble at all times.

But when that money of yours came from something that you've worked hard, you will have sometime before you move on. The better thing with that is, yes it's small and you can afford that to lose.

Just as a heartbreaking story, even with small amounts, you'd also feel especially if you're living economically challenged.

I think there is no better approach to gambling than just risking a small amount, but if you still feel regretful even if you only risk a small amount then that means you better not gamble at all, or I mean you better avoid gambling completely, because if you don't engage in gambling then you won't lose anything even with a small amount, but basically such an approach is only recommended for gamblers who still insist on engaging in gambling, then yes obviously allocating a small amount with limiting the time of involvement is the best approach.

However gambling is always a high risk activity especially if you have the wrong approach, like some people who end up addicted. Therefore to minimize the amount of losses that are too significant then obviously whoever you are and no matter how rich you are still you should put a small amount or an amount that you can afford to lose, because the casino will not care about your financial background, which means that even if you are very rich but if you treat gambling in the wrong way then in the end you will end up poor in no time.
There are times that even with small amounts, we feel something on it. It seems that we can't let it go because we've worked hard for it.

You'll just realize it later on that even with the slightest amount that you're allotting to gamble, there's the hard feeling because you didn't win, you lose.

The understanding is there about the sides of gambling and the potential outcome of it but, as we always remind everyone. Still, gamble only with what you can afford to lose either big or small amount.
429  Economy / Gambling discussion / Re: Double your money and quite on: May 11, 2024, 11:47:07 AM
And I agree with your opinion that we should only gamble with small money because it is a safe way so that we don't regret it if we lose and lose our money easily and quickly.
Even with small amount when we gamble, there's the regret afterwards. You'd feel that when you don't gamble at all times.

But when that money of yours came from something that you've worked hard, you will have sometime before you move on. The better thing with that is, yes it's small and you can afford that to lose.

Just as a heartbreaking story, even with small amounts, you'd also feel especially if you're living economically challenged.
430  Bitcoin / Bitcoin Discussion / Re: Please, I urge you to buy bitcoin! on: May 11, 2024, 10:45:10 AM
This is the time to buy bitcoin and if you have the opportunity please buy because it is a plus to you and you will gain more as bitcoin increases in the value and good future, bitcoin has a good future coin
We've been telling that for ages.

Those that are able to do it for themselves, you're doing yourselves a favor. But even some are telling to buy, are they also buying?

We don't know and just like me who pushes people to buy when the price is right, you can't be sure but we all know ourselves better.

I've got some stack and will have more of it soon.
431  Economy / Gambling discussion / Re: Why do some people hide to gamble on: May 11, 2024, 09:36:13 AM
This likely has to do with societal view. There are environments where activities like gambling aren’t socially acceptable, they might also hide it to avoid being judged or interfered by others. For certain people, they just love their privacy and are secretive about what they do so no one knows (nothing is wrong, they simply prefer you don’t know). If it was an act that is widely praised, the number of people who hide to gamble would decline.
Until now, it's not accepted by the society and everyone who gambles is already a bad guy to them. They are quick to judge but when they'll be the one to get judged, they hated it.

So with that reverse card, I hope that those people that gets to judge the gamblers will start to realize that judging them won't make them a better person.

But instead, try to give them some good words and thoughts or even reminders and ask them what does gambling does to them.

I understand where you are driving to but it depends on the environment/society you’re in. There is such society where people don’t care if you gamble or not because they are just all about their business and nothing else.
Yeah, there are those places that don't care what you are doing as long as you're not going to their space and not harming them.

It's better to live in that place when no one is bothering you whatever you do in the public as long as it is your own business and you're spending your own time to it.
432  Other / Off-topic / Re: What if Bitcoin was like a stable coin on: May 11, 2024, 09:10:54 AM
I've heard a lot of stories about this kind of scenario that their funds were frozen by the bank because they can't provide any proof where it came from.

But if you have got one, you have nothing to worry about.

You shouldn't be required to prove anything, if they think money came from illegal source they should prove it - not you that it isn't.

And mostly they first freeze your account and then ask questions, so it's more like an extortion of information.

That's why I don't trust them anymore with big sums, If I buy something expensive I buy it in installments so the bank never owns substantial amount of my money.

If they freeze one of my installments, I will send my lawyer on them and create account in different bank.
And this is the reason that if you're going to take advantage of the banks, just use them as an outlet of your money from crypto -> fiat and then don't save money there.

It's how they become rich and I agree with you that don't trust them with big amounts of money. If you are planning to save a lot for your future, put it into an asset that's liquid.

Not put your entire cash and network through a bank, you don't know what policy they'll modify without any further notice.
433  Other / Off-topic / Re: What if Bitcoin was like a stable coin on: May 11, 2024, 08:30:07 AM
Another problem is when you're going to sell a lot from your portfolio, the exchange might even ask you for more additional documents/kyc.

The best strategy is to do it in stages, I don't send big sums anymore to the exchanges after all what was happening.

I now do it in maximum of 5k USD worth of coins, after I receive money in my bank account - I repeat until I get my desired amount.
It can sometimes takes weeks but better than being frozen for months (or forever) and begging doing monkey tricks in front of exchange with all the KYC nonsense.
Yes, that seem to be the strategy of most that we all knew. Doing it on batches.

There's always the possibility of your bank account freezing the funds, you could withdraw it after each step but I don't like dealing with physical money.
That's another reason I have my money in cryptocurrency, no one can freeze it and I can use whatever bank / country I want if I need to use FIAT.

I have the upper hand, not them.
The banks are always monitoring each of our accounts and as long as you're good in the threshold that they set for each customer that they have, you won't trigger their alarm for something suspicious.

I've heard a lot of stories about this kind of scenario that their funds were frozen by the bank because they can't provide any proof where it came from.

But if you have got one, you have nothing to worry about.
434  Economy / Gambling discussion / Re: They put an end to online gambling: what do you think it's going to happen? on: May 11, 2024, 07:55:43 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.
Where are you? Vegas or Macau? If either then I'd believe that he's right.

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?
But if he's a casual gambler, I don't believe with his words that he's going to make that much. Most of us are losing and having a bad day and with unbelievable amount of gain with a small bankroll.

That seems to be a sign that he's addicted.
435  Economy / Trading Discussion / Re: Meme coins signals group here on: May 11, 2024, 07:24:26 AM
A nice way to promote your signal group and in not in a denial to your approach of marketing but please be honest to the people.
It surprised me to see that there's 185 people on that group but how many of them are real?

Tell them the losses you made while investing into meme coins also don't only tell them the profit you got once in a month also tell them the daily base loss that you bear. Meme coins are unpredictable.
That's the trick, they only tell the wins because that's what we want to hear. But if it's about losses, no one wants to discuss it because most of us have got that disgusting ratio compared to our wins.

No body can predict them so how you're giving signals?
Whatever he thinks of, but it's best not to join any of these signals group.
436  Other / Off-topic / Re: Why Vaping is So Popular? on: May 11, 2024, 06:58:06 AM
Nothing changes with those irresponsible smokers whether with vape or cigarette. If I go in an open area, they're mixing the air.

I've got a strong sense of smell and that's why I'd hate it if someone vapes or cigarettes. One reason why vape is popular because it's marketed to be safe than cigarette.

But danger is still there no matter how they market it to the cigarette smokers.
437  Other / Off-topic / Re: Why do people lose in gambling and still go ahead and bet more? on: May 10, 2024, 11:49:05 PM
so many of people who is into gambling does not know about the gambling that is why they always complain of losing in gambling
I don't think that they got into gambling without having an idea that they're going to lose. If they gamble and they complain that they have lost, they're not responsible people.

But I don't think no one on Earth is like that.

They'd gamble and they don't have an idea what gambling is, in the first place they need to deposit whether it's with the physical or offline and online.

Which means they know gambling but I just can't understand it.
438  Other / Off-topic / Re: Human temperance on: May 10, 2024, 11:14:53 PM
So I would like to ask, do you believe that practicing temperance can lead to greater happiness and fulfillment?
Yes.

It's another way to control yourself and if you're always having a hard time to remove that kind of emotion that you shouldn't do. Being low temperance is going to help you with that.

And what are the strategies to use in cultivating self  discipline and moderation?
Taking a deep breathe will help you control yourself when you're already feeling bad and you think that it's going to come out.
439  Other / Off-topic / Re: Which of these hot crypto stocks will soar higher this year? on: May 10, 2024, 07:53:24 PM
The question is if I have got money? and a lot of spare? I'd also choose Coinbase.

As you're like owning the company and the same goes for Microstrategy but it all boils down to the point that you can buy directly with Bitcoin. But this is me, you earn a portion of the company not Bitcoin when you buy them.

That's why I think Coinbase is a good option, while Bitcoin is here to stay so does Coinbase and MSTR but I don't like MSTR.
There's like 35% increase with Coinbase based on what @CryptoHeadlineNews said, and Microstrategy is on a 200% increase so I'm not sure how it would be logical for you to not own some MSTR stocks when you said that you've got the spare money. In regards to what I think about these stocks though, I don't feel like most sensible financial advisors would recommend them as your way into stocks, they're not bluechip stocks that would give out consistent pay outs or dividends to you every quarter, you're better off buying a stock of Coca-Cola or Apple or Amazon because they're pretty established already and I think they give out dividends. Just own bitcoin directly if you can do it, making it difficult for yourself to do it with all these extra steps is way too doozy.
As I've answered that with my other post, it's about the tenure of MSTR and Coinbase.

For me, Coinbase is still young as a company with a stock and that's why the advantage is on the early investors of it. While for MSTR, it's already tenured and have got a lot of whales on it.

As you've said, it's best to own Bitcoin and get some dividends from those known stocks. And as for the Coinbase global, it has also dividends but I don't know most of its details.
440  Other / Off-topic / Re: If you found a new way to make money playing games, would you tell your friends? on: May 10, 2024, 05:52:54 PM
No.

Those friends of mine are going to be my competitors in the economy of that game. And that's why I don't want to share that to them until I change my mind.  Cheesy

But most of the games that are profitable, they're no longer a secret and you'd just be surprised that your friends are also on it if you're in the same group of circle that are into crypto games.
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