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441  Bitcoin / Bitcoin Discussion / Re: The Psychology of Investing in Bitcoin on: February 01, 2024, 05:48:09 PM

I don't think there is anything as Hodler for life; we don't buy bitcoins to hold them for the rest of our lives; they are not meant to be bought and held permanently in our wallets; they are not decorations; they are there to serve a purpose.
 
A very good point made out because if you should look at the word hold when it is concerning bitcoin, it just for a while until your certification is met, when you have made profit then you holding should be let go at that particular time. And since bitcoin is an investment and the reason for holding should be for profit. Holding permanently does not really make any sence to me. The purpose of buying must be fulfilled.
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I like the idea of buying and holding for a long time, and when I see the time to take profit, I sell and take profit from what I hold. Even if I don't sell, I can still sell and keep some rebuy at the right time, and all of that, even if it takes someone 10 years before they can sell their holdings, it's still not a holding for life.
Buying and holding for a long time is not a bad idea, but when ever it is due time to sell, it is better to sell because some people will always want the price to go higher. And at the end of the day you might even lose everything. And no profit and a scattered capital. That is perfect way to do things buy when it low and sell when it is high. I don't think I can wait for 10 years to sell. Once am okay with the profit then I will sell. Then wait to rebuy.
442  Economy / Trading Discussion / Re: As a trader never settle for less on: February 01, 2024, 10:05:04 AM
In fact, everyone wants to earn money, not only the rich are earning money, but they have more opportunities to earn money than the poor who do not have money to invest. So they don't have anything to invest, so they stay at their same place, they can't move forward, while what the rich have is more money, they invest what they have somewhere, then someone any money that he has starts getting ego, while the poor person stands in his place and earns money with what he has. If opportunities are not available, then he cannot move from that place because he has nothing to invest .
No body makes more money than the rich because they are ready to take what ever risk that it comes with. And why they will have more opportunities than poor people is because they will always have money to invest any time any moment. But the poor will have to look for money to invest. So that is different between the poor and the rich. And in time of physiological thinking the rich is also better. Because they always have the mentality of adding up to what they have got. And even when they buy rich people can also hold better because they also have money to solve there problems. And the poor is always full of one challenge or the other.
443  Economy / Gambling discussion / Re: Are successful gamblers seen as addicts? on: January 31, 2024, 04:48:08 PM
Not addicted but better to called them professional. Addicted gamblers can't be successful gamblers cause as they are addicted to gamble, so they can't help themselves placing bets whatever the match is! They always looking for gambling and money does matter for them and they lose most of the time. But successful gamblers are them who win bets most. As they are successful gamblers, that means they are successfully earning money from gambling, right? And so they keep visiting gambling website for opportunity and they won't place bet until they ensure about it by their confidence. I think here are the difference
Also there professionals or addicts have suffered in the hands of addiction one way or the other some of them are billionaire and are now just trying to survive, and if you always getting use to gambling on every game there is no way you wont become an addict you will always want to play and see if you might win and your first win in gambling will cause to much excitement that if you don't control your self you will have issue because you will feel like you did not do much before winning, if you bet to much i don't think you will even win because you not even playing with a stable mind talk more of trying to win by all means. and does gambles that make sure they have assurance in a game before playing it are smart there are reckless gamblers that they gamble anything they see even without considering the risk behind the game they have selected, and all they care about is the money and they will not at the end of the day even win anything.
444  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: January 31, 2024, 04:26:50 PM
Liverpool will not want to give up the lead. They will most likely win tonight's game.
Liverpool missed the championship by 1 point two years ago, but I think they will be champions this year.

Liverpool will consider all the efforts they have put in just to get to the top position, and since they have tested that position will make everything look as if they are a failure and that is true. and the game is not looking like something that Chelsea can win, Liverpool is even seeing everything as an opportunity to carry the league, and since they are at the top there is hope for them. and if they will lose this game then it will be another chance for arsenal to top and if we top the table again then we are going to have more chances of winning the league.

The match between Liverpool and Chelsea will undoubtedly be the most important match of the day. Chelsea spend a lot of money on transfers but they are not better than Liverpool in terms of squad quality. Also, Liverpool are better in terms of the quality of play on the pitch. Liverpool are better than Chelsea in every way. Of course, it's not right to have a definite opinion about the result of this match because both teams are well established in the Premier League and it will be a difficult match for both teams, but I think Liverpool are better than Chelsea. Also, this will be Jurgen Klopp's last year at Liverpool. I'm sure they will do everything to crown this season with the title.
Chelsea has always spent a lot of money on transfers and still doing the same thing we know the match will not be easy and there might be a chance that Chelsea might be able to hold Liverpool for a draw. and Liverpool players are experienced. and Chelsea will only be give there best.  and not only in term of players but also in term of performance Liverpool is still better.  and i don't like predicting such games because it will even be more difficult for both of them but i have a good feeling that Liverpool will win first. everybody knows that Liverpool is better.
445  Other / Off-topic / Re: Before you start gambling, do some research first on: January 31, 2024, 02:34:11 PM
Gambling addiction is real and destructive, if you have exhausted all the means of trying to talk to this person, then i think you have to seek professional help from a psychologist. This professional will take this person through therapy and that could work, it is not a guarantee, but i have heard stories of many people who overcame certain addictions in this way.

Gambling responsibly is the perfect way to do things, if you notice that you are spending so much of your money and time into gambling, then you have to stop immediately and seek help, because you are an irresponsible gambler, and it will affect your social life and relationship.

People do not know the damage of being an addict and the punishment that comes with it. we know that anything that addiction comes with is always disastrous talk more about addiction, whereby it has turned a lot of people into homeless and has wrecked a lot of people financially. addiction can lead them to the extent they have to see a therapist before they can do away with it. and other ways to is when you get busy there is no way you have gotten the time to gamble because.

And different recommendations are coming from a therapist.  having limits while gambling will set you free from a lot of risk. the moment you become addicted, only God can help you because there are complications that it come with we all know that people are interested in money but at the same time, your mental health should also be considered. before going too deep inside gambling. because it is not a place where you get too comfortable.
446  Bitcoin / Bitcoin Discussion / Re: Paying with Bitcoin. on: January 31, 2024, 02:05:13 PM
Despite the fact that, bitcoin is a currency it has higher asset features which is something that we have to align ourselves with and the reason why many bitcoin holders don't want to use bitcoin for payment rather store it as a store of value, and also due to the techenicality of bitcoin, it rather being used to store values rather than a currency.

Although if the receiver who is the seller of the goods or services, is well knowledge about bitcoin and the sender agree to pay with bitcoin, why not, bitcoin transferable features makes that to be very easy to achieve since one can comfortably send any amount from the total balance to the recieving wallet.

So yes bitcoin can be used for payments.
It is better to store it as a value than want to spend it as a currency it will be much better for me as long as I have my money to spend I don't see the reason why I will now be spending my Bitcoin as a currency. bitcoin is an asset with high value, and if you are not lucky if the price is down you might be selling at a low value. even as a holder, I don't think i will sell my Bitcoin for any kind of reason. bitcoin is more sweeter when seen as an asset because if the value of bitcoin is going up you at the same time be making a profit and better ways to get a job and leave your bitcoin there as an asset. and it is more beneficial to the receiver than to the seller. As he is receiving am sure he's not spending it because he knows its value.

And even people in Salvador don't think they will spend more Bitcoin there even as it is seen as a legal tender there and it will even make things easier when there are network issues, bitcoin can feel in.
447  Bitcoin / Bitcoin Discussion / Re: Bitcoin Vs Gold, land which better? on: January 31, 2024, 01:22:01 PM
I love bitcoin but land is still a good investment than all the others in the choices, it's a piece of investment that you can build your house on it or create a rental property or something like that and at the same time it's a guaranteed growth even if there's a loom of a real estate bubble, there's no way that you'll lose on land. That's just me though that believes that, bitcoin's growth in 15 years is too big even for real estate so buy bitcoin and hodl but find ways to get more investments.

And I know the reason why people will want to choose land over Bitcoin is that they have trust issues and they will want to invest in something more physical if you want to scale both land and Bitcoin they have one significant purpose which is to make a profit and one one the benefit of investing into bitcoin is the fact that you can invest in it with nothing less than 10 dollars and you can keep accumulating until your goal is met and that is one of the reasons i love bitcoin. and if it is increasing in value it increases beyond expectation but in terms of duration land might take longer years to get compared with bitcoin which you trade and make a profit, that is when you know how to trade very well.  and Investing is likewise not a bad idea but if you look in terms of return between the two which one will you choose starting a building for rentals will cost a lot of money, personally getting both investment is not bad at all.
448  Economy / Trading Discussion / Re: Trading on your own vs social trading and copy trading on: January 30, 2024, 07:09:58 PM
For me personally, I am more comfortable trading on my own, the reason is because by trading alone I can do my own fundamental and technical analysis and determine my own trading decisions, whether I want to enter the market or not, all control is with me. And when there is a loss or profit, I can learn from that experience and build my own portfolio.
Yeah for some people they are more comfortable doing social trading or using signals, because they can trade by just copying other people's analysis/trading which is easier than doing their own analysis, but the risk is that all trading decisions rest with other people.
Trading on you own is better than picking signals from group and from people because when you get addicted to always getting signals to me you are not a trader. It is better to learn then. You can easily experiment what ever you have learnt. And whe. You fail you can even learn from your mistakes. What is the essence of trading and you don't even know how to do tech technical analysis. And having full control of how you run the market will be better, the most important thing is that you are in charge. I can learn continuously from other people's trade. And a lot of people pay heavily just because they want to get signals, only lazy people will not want to learn. And that is why they are always massive loss, just because people have failed to learn.
449  Economy / Trading Discussion / Re: Why do many people fail in trade? on: January 30, 2024, 09:18:07 AM
Most people are not ready to learn the skills many are into trading to get rich quick rather than focusing on acquiring knowledge and practicing it for month's .Most influencers especially youtubers have make it look so simple rather than telling the actual truth about it .In Reality Trading requires a sound knowledge,patience and a good risk management for one to be profitable and it takes a long time for one to become an expert
and if you are not ready to learn then you are not ready to succeed in trading so you are supposed to put effort into it so that you can master it when you start you might not make money at first but continuously you will even start to make money gradually and you will start succeeding. and you can not get rich quickly if you want to do Bitcoin, everything is a gradual process. and you just need the knowledge, and with your knowledge, you will know that trading is not easy, even if influence rs are making it simple you will able to tell in whatever they are saying. and the reality of it all is that trading is not easy but it is very interesting. but at the same time, it is also risky, there management procedures that keep you safe.
450  Economy / Economics / Re: Why we should prioritize investment over saving on: January 30, 2024, 08:18:40 AM
Saving our hard earned money have never been a bad idea, but their are certain things wey need to consider before thinking of saving, such as inflation.
Inflation is truly the real enemy to every money that is being saved up, because when the time is right like a year time, when it should be used for it purpose, the value wouldn't be as how it actually was when you started saving it, but on the other hand, if we have been investing that money into Bitcoin, land or gold bit by bit, over the course of a year, the value of that your investment would have added additional value compared to our savings that will be eaten up by inflation.
So too me we should think of investing more of our money than saving it for inflation to eat it up.
if we understand saving and what it is supposed to be used for then we should not be bothered about having it and it is majorly for emergency reasons so that you don't have to think of borrowing money when there are needs you can always take out of your savings to solve whatever problem you might be in. and I would not advise saving a large amount of money because of inflation true. and it is better to invest that little amount of money in savings than just. and the idea of putting the money in Bitcoin is good. inflation won't have any effect. and whenever you need money for something you do not have to worry about anything just to sell but I would prefer if you have Fiat and then Bitcoin as your investment, and that additional value is what makes everything different. but just leaving your funds dormant just like that will not favor anyone at all. so let us be smart while making a choice either to save or invest.
451  Bitcoin / Bitcoin Discussion / Re: Are you ready for the Bitcoin bull market? What's your plan? Some ideas for you on: January 30, 2024, 07:59:01 AM
This is a nice speculation that is backed by data. Though I don't care that much currently as I'm focusing on accumulating as much crypto as I can. I just think that it's better to focus on gaining some seeds now to sell on the bull market than spending huge amount of time on making wild speculation. I'll let people like LadyofCrypto1 do her thing in giving us information like this, I'm ok with a secondhand knowledge.

Maybe I'll comeback in this thread on the next few months if I can feel a very bullish action from bitcoin.
BITCOIN has always been backed by data, and with that same data they can speculate, but even with the speculation they can not predict what will happen to Bitcoin, i love how you have channeled your energy to accumulating more, and instead of worrying about the price you can rather just invest in bitcoin the more. because everything about Bitcoin is time. following the farming principle of putting more energy into investing than the profit and if you can accumulate as much as you can then you will get a beautiful reward during a bull run because now nobody can say whether a bull run will happen or not. and people who focus on speculations might even end up selling. because they have their hopes high already. and that is not how Bitcoin works. emotion should be out of it and it is better not to expect anything. so that it won't be like you are holding and all you want is just to make a profit.
452  Economy / Economics / Re: Financial education and why it should be a priority. on: January 28, 2024, 08:33:34 PM
I've heard that no matter how big a salary you have, if you don't know how to manage your finances, it will be very easy to run out of money. Meanwhile, even though your salary is minimal, if you know how to manage your finances well, then this could be very big in the future.
However, financial education is very important. I think, it's not taught in school because we are formed to make money by working, but as for how to manage it, it depends on each individual's personality. In fact, the basic things have been taught, such as saving, prioritizing primary needs over secondary and tertiary needs, and so on. However, if you really want to know more details about financial support, then you need to look for it yourself.
Financial education is all about learning how to manage your limited resources in order to meet your needs.
Knowledge about finances is not taught in schools; rather, it is something you learn on your own.

The first step to learning financial education is knowing your needs and wants and sorting your needs in order of priority. Needs are essential things that you can't do without while wants are things that are not necessarily needed for everyday activity. Sorting out the things you want to get under needs and want helps direct what and how to spend your money.
However, financial education is something you learn on your own over time.
453  Economy / Trading Discussion / Re: Do you still advised more buy and store? on: January 28, 2024, 07:18:54 PM
Now that the price of Bitcoin has increased to $45,795 in this new year, you have to wait for the price to decrease to your satisfaction before you can buy Bitcoin but if you have the money and you are hunger to invest the money on Bitcoin in this new year, you can buy and store them for future purpose. If you what to look at responsibility you are facing in your environment, I don't think you will be able to embrace Bitcoin in this season, but you can invest what you can afford to lose. Based on your plan strategy, if you can keep to that monthly investment without stopping through out the year, I think you will not regret using your salary to invest in Bitcoin monthly.
I don't think that's a good idea since you won't be serious about buying if you expect the price to fall, but whatever the price is, I'm confident it'll be lower than the current price. And, since we're all waiting for the bull market to begin, if you have money, buy now and quit procrastinating since the price may not fall, which is what most people don't understand. And there is no way you will invest in bitcoin that you will lose money if the person is actually ready to have patience.

And I see a lot of folks that want bitcoin but are constantly waiting for the price to drop. For starters, invest what you can afford to lose. And you don't even have to have millions to contemplate investing. And having an investment is the best decision anyone can make at this point in time of there life. And if you already have you can add more to it.
454  Bitcoin / Bitcoin Discussion / Re: Bitcoin an opportunity like land on: January 28, 2024, 04:54:14 PM
How's the price of land in your country?
Have you ever thought been in the time where land was cheap and bought alot?
Are you boarding the train(cheap) of Bitcoin holders or you want to wait for private jets? Grin


Both land and bitcoin are good investments but they have different market opportunity. And land in my on country depends of the location of the land places like the GRA are always more expensive and lands that are outside the city are always cheaper and also how accessible that land is also matter so those are most of the things that are considered white buying or selling a land. And Bitcoin holders don't really need to under go any process to possess any asset Bitcoin is as easy as any other thing. And does that also have lands everywhere and they bought cheap will be in good money now because land is a very fine assets.

1. The price of land in your country is almost the same as in my country, where investing in land is very popular in my country, even though sales are not as fast as Bitcoin, land is a favorite as an investment.

2, have ever felt, but the possibility of buying a lot of land is very unlikely because when the price is cheap the funds you have cannot be allocated to it completely

3.It's better to take a cheap train than a private jet, but with a big risk, taking a cheap train will feel like a struggle to get a private jet, so at least we will get a lesson from every decision maker


Before time and before Bitcoin people always prefer to invest in land and agriculture. And then when they want to rate people that have money in my region then it is usually by number of lands you have. The sales are different Bitcoin you get instant buyer compare to land. The price of the land my not come early might take years before you  can enjoy profiting from land. And Bitcoin if you holding it will take time and people they do daily trading make money from it. And I will go with a cheap train than  private jet.
455  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: January 28, 2024, 04:29:50 PM
I actually thought it was Bayern Munich. I think Munich is better than Leverkusen this season and I'm sure Munich will beat Leverkusen when the two meet. However, Boniface's injury really had a big influence on Leverkusen's performance. I think a team that relies on one very dominant player will be vulnerable to game inconsistencies if something happens like an injury or that player is in poor form.
We know that actually Bayern is good and when it comes to record also Bayern as a much better record than Leverkusenand if not for inconsistency i don't think Leverkusen is anywhere near Bayern because for some time now. Bayern and dortmund are the two teams always dominating because they breed excellent players especially for dortmund look at haaland one of the products of dortmund give a good display for Manchester City and now dortmund is down and Bayern as been inconsistent and now looks like they are already catching up gradually and if Leverkusen doesn't get serious then very soon Bayern will take over. And Boniface is one of the key players that Leverkusen have and they rely on him to much instead of having other players that can be of assistance when ever there is an injury like this to the key player.
456  Economy / Gambling discussion / Re: gambling for fun vs gambling for the financial benefit. on: January 28, 2024, 04:15:09 PM
Both are very important to me, I enjoy gambling for fun but also hope that luck will come my way because as a gambler of course I also want to make a profit but that doesn't mean I don't accept it if I lose because I also enjoy gambling. For gamblers, they definitely want additional income to be able to supplement their financial needs, but gambling is just a game so we shouldn't expect to make a profit, but there's nothing wrong with occasionally winning and making a profit and the most important thing is that we think we can have fun in it gamble.

Both for me too I do it for the fun of it and also for the benefits it comes with which is the potential win. Gambling is all about luck and I know even people that will say they are not for the money but everybody's mind is always their and the best thing you can do is to aviod been an addict. Because people are money driven and are ready to go to any extent to win money. If you lose you must one way or the other accept your loss. Because you won't get your money back. And I don't see the reason why you will want to make gambling another means of income instead of going for a actually job. Instead of relying on gambling. Does that embarked on that journey did not end well for them.  So the best just play for fun and let it go and you will be free that way even from addiction.
457  Economy / Gambling discussion / Re: Africa Football Discussion || Current Topic: AFCON 2023 on: January 27, 2024, 09:53:20 PM
Cameroon are the better side when it comes to the midfield play. But they have not being able to do any real damage. Their attack have been weak, kudus to the Nigerian defense. Nigeria has done a great job in the first 45 minutes. I expect a more feisty game in the second half. I wouldn’t mind if the manager switches to a full defense and try to not concede a goal. 
Cameron Mield's field is good but I don't think it will be easy for them to score because they do not even have any shot on target and till the match finishes they will not be able to score Nigeria and if an attack is weak because for about 80 minutes not even any shot on target and am surprise and Nigeria as been doing a great job at the moment and I was not expecting Nigeria do perform this well. and Nigeria will try to defend well so as not to lose this gaming since they are already leading to one. since they were unable to score we all know who is going to win.
458  Local / Off-topic (Naija) / Re: The importance of mental health on: January 27, 2024, 09:35:19 PM
Prioritizing mental health is something everyone should do, the first step to this is recognizing the value of self-care.. This has to do with
Engaging in things that keeps us relaxed and adds to our personal growth... these might include
Going to the gym
Reading
Listening to music  and so on
A very crucial aspect of mental health is engaing in honest and open communication (therapy) ...talking to someone and expressing your feelings and also seeking support are ways of maintaining good mental health.

Taking care of our mental health is a lifelong journey which might not be easy for people going through depression..it's important to seek therapy.
Remember you cannot be productive if your mental health is unstable..your mental health is as important as your physical health
We seldom ever give our mental health enough thought, and poor mental health can result in a myriad of health issues, including stroke and many more. Your mental state can also have a direct impact on how well your body functions overall. and maintaining your physical, mental, and other aspects of health can be achieved in several ways. and their activities that can help increase your health, like eating good fruit, being hydrated, exercising excessively, and getting enough sleep. it will also make a lot of sense when we talk to professionals about health and well-being. and sometimes some people have insomnia and it is one way or the other that affects your mental health. and also try to have a social life for fun self.
459  Economy / Gambling discussion / Re: Do you take time to read the terms and conditions of casinos before registering? on: January 26, 2024, 08:33:31 PM
For new casino or gambling platform I take few minutes before registering, I check with minimum amount fund deposit, withdraw, KYC required until how minimum limitation of turn over or TO to withdraw fund. I have bad experienced with one gambling platform deposit amount above $200 and won sport betting match with odd @1.35, but have problem can't withdrawing all my fund from deposit until profitable earn after winning sport betting because not reach turn over limitation.
Don't blame with term of service or condition some casino platform before registering you need to know their rule exactly withdrawing process, its not really fair when deposit fund have reach turn over limitation for withdrawing all but have an exceptional if receive bonus fund for betting.
Many people believe that reading the terms and conditions is a waste of time, despite the fact that it is even more important than enjoying the casino itself. I'm not sure why people are too lazy to read the policy; all they care about at the time is how much money they can make. Having the knowledge on how much they want to deposit and withdraw is very much okay. I don't even see why you will want to use platform and don't care about the policies that guides it. Because some casinos have a minimum amount you can deposit in their. Because some casinos require a minimum deposit. Also, the amount that can be withdrawn following a win.

And the casinos that you must visit kyc you. You will not be able to deposit while doing kyc. Alternatively, you will be allowed to deposit but not withdraw without KYC. To aviod encountering any issue with casinos is best everyone have the knowledge of the policies.
460  Economy / Gambling discussion / Re: Do you take time to read the terms and conditions of casinos before registering? on: January 26, 2024, 08:31:09 PM
For new casino or gambling platform I take few minutes before registering, I check with minimum amount fund deposit, withdraw, KYC required until how minimum limitation of turn over or TO to withdraw fund. I have bad experienced with one gambling platform deposit amount above $200 and won sport betting match with odd @1.35, but have problem can't withdrawing all my fund from deposit until profitable earn after winning sport betting because not reach turn over limitation.
Don't blame with term of service or condition some casino platform before registering you need to know their rule exactly withdrawing process, its not really fair when deposit fund have reach turn over limitation for withdrawing all but have an exceptional if receive bonus fund for betting.
Many people believe that reading the terms and conditions is a waste of time, despite the fact that it is even more important than enjoying the casino itself. I'm not sure why people are too lazy to read the policy; all they care about at the time is how much money they can make. Having the knowledge on how much they want to deposit and withdraw is very much okay. I don't even see why you will want to use platform and don't care about the policies that guides it. Because some casinos have a minimum amount you can deposit in their. Because some casinos require a minimum deposit. Also, the amount that can be withdrawn following a win.

And the casinos that you must visit kyc you. You will not be able to deposit while doing kyc. Alternatively, you will be allowed to deposit but not withdraw without KYC. To aviod encountering any issue with casinos is best everyone have the knowledge of the policies.
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