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441  Economy / Speculation / Re: Buy the DIP, and HODL! on: February 28, 2024, 06:26:15 AM
With the current increase in Bitcoin prices, many people are happy because they can see the increase in profits they have collected from the DCA method. Those who are just starting out can't see the benefits yet, but they shouldn't be sad because they can see them too.

Today, people who have not yet invested in Bitcoin are too late to realize its price increase. They may still invest in Bitcoin but must remain patient because Bitcoin still has a long way to go.

The DCA method can still be used for now, even though the price of Bitcoin has now reached $56k and even $57k. And it's okay if they still use small money for their investments because investing in Bitcoin still uses the money they can afford.
442  Economy / Gambling discussion / Re: Support, do not criticize. on: February 28, 2024, 04:22:37 AM
Supporting someone who wants to stop their gambling addiction can encourage them to continue doing it. Instead of mocking them, it's better to support what they do. It is a good decision if they really want to stop their gambling addiction.

Maybe it will be hard for them but with support from us and others, they won't feel it. They can go through every process they have to do until they can recover. Continuing to support them and reminding them that they can stop gambling will make them not give up before they succeed in stopping gambling.

With support from the people around them, those who are addicted to gambling will see that they can still have a normal life. They will continue to heal even though it is not easy. They have received enough criticism, which might finally bring them to their senses. By continuing to support them, they can cure their gambling addiction.
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445  Economy / Speculation / Re: Signs you should know to take profit from your crypto investment on: February 26, 2024, 02:24:59 PM
Those who delay taking profits for various reasons that they have of course this can make them miss the profits they have made and have to wait for a price that can be profitable for them again and this is very difficult because we have to wait again and if the price cannot return Of course we will experience losses in the trades we make.

What you said is right, this is not about taking risks in investing and we also need to control ourselves from greed in trading and investing so as not to experience losses that make us lose the assets we have because of this greed.
Many people delay taking profits because they want bigger profits. If market conditions are good, higher price increases can be achieved. But market conditions will not always be like that. We must be wise in taking advantage of the situation.

Maybe they can sell some of the coins to make a profit. They could still hold onto the remaining half if the price could continue to rise. If the price immediately decreases, at least they have taken the profit and can buy again at the lowest price.

It's about how we can take advantage of the situation. Most people, when they see a high price increase, don't immediately sell their coins but wait a while to make sure the price can rise again. This is what causes them not to take advantage. This should not have happened and they can take advantage of it.
446  Other / Off-topic / Re: Keeping your gambling habit a secret. on: February 26, 2024, 12:56:00 PM
So gamblers should be more care with whatever they see online most ads are just created to over hype the casino. And after watching them one could feel he has seen an easy gambling casino to lots of win. The earlier you take gambling as a fun activity the better for you not to become addicted or disappointed with whatever you see around. It difficult to keep your gambling activity secret especially if you like using a casino gambling hall to place your bets.
These advertisements were created to attract the attention of gamblers to enter the casino and gamble. And many gamblers end up trapped in gambling, especially as many of them choose to hide their gambling activities from other people. They really have to be able to control themselves well so that they don't lose control of themselves.

If they often see those gambling advertisements and become interested in trying the casino, it could lead to more losses. No one was watching him when he gambled, so he was free to gamble, making him gamble more often. And that's what makes many gamblers eventually lose control of themselves and become addicted.

If there are gamblers who choose to keep their gambling activities secret, they should really have the ability to control themselves well. That's because there are so many temptations from gambling that can make them forget and end up falling deeper into gambling.
447  Economy / Gambling discussion / Re: Do people truly risk their money on bets for profit? on: February 26, 2024, 10:21:44 AM
The majority of people gamble to make a profit fast from winning from gambling. And few percent of people play for fun and many of them convert from fun to earning and finally, they become addicted to gambling.
What you say is right. Many people change their habits from gambling to having fun to trying to make money. And yes, they become addicted to gambling when they're back at the casino too often. They want to make a profit from gambling, but unfortunately, they can't always get it.

When they use more money, they will have a chance to lose that money, especially if they lose self-control playing gambling. They risk their money to try to win, but they don't remember that winning gambling is difficult. They need to realize the fact so they don't try so hard playing gambling.

It needs to be awareness not to risk too much money to play gambling. They also need to consider luck matters that will not always come when they play.
448  Economy / Gambling discussion / Re: A gambler takes his own life after a loss. on: February 26, 2024, 07:14:34 AM
What happened to the gambler is very sad to hear. For me, no amount of money lost should ever be a reason to take one's own life. Suicide should never be a solution. It's important to practice responsible gambling habits and seek help if needed, especially if you or someone you know is experiencing problematic behavior.
He couldn't bear to see his suffering anymore so he chose to commit suicide to solve the problem. But he didn't realize how much his family missed him because they never thought he would make that decision. Suicide does not solve problems but will add to other problems.

That's why we shouldn't use too much money to gamble. Especially if we are unable to see the many losses, we should use the money we can afford and be able to accept loss. After all, gambling is not a place to make money and is just for fun.

That is a lesson for all of us that we must really be able to control ourselves when playing gambling. No amount of money can replace a life. Our lives are very precious so we must take good care of them.
449  Economy / Speculation / Re: Buy the DIP, and HODL! on: February 26, 2024, 04:11:34 AM
One of the beauty of investing in bitcoin and holding it (for long-term) . Is that you don't need much knowledge nor skills to start accumulating. To that of trading (because before thinking of trading there's alot knowledge required), But in holding you just need the basic knowledge then you can start your bitcoin accummulating Journey. Afterwards you can start learning way you could secure your asset by using  non custodial wallet and knowing the principal on how to secure and healthy Bitcoin investment.
Investing in Bitcoin doesn't require as much knowledge and much skills as trading. If someone uses the DCA method to invest, he doesn't have to confuse it with the ups and downs of the price. He only needs to focus on the investment time to buy Bitcoin.

In trading, he needs to learn many things, including analysis of the market. Learning about trading will not stop because the market is always moving. That needs time before someone can familiarize with using the indicator, and he needs always to learn to improve his skills.

Using the DCA method, someone can accumulate his Bitcoin by buying Bitcoin at any price, and that can lower his average buying price. Learning about securing Bitcoin is important because that is the way he can save Bitcoin in the right wallet to be a safe place.
450  Economy / Gambling discussion / Re: Outcomes of insighting gambling for a source of income. on: February 25, 2024, 04:00:10 PM
While gambling can be a tempting escape, especially when times are tough, it's like playing Russian roulette with your wallet. Sure, winning big might be a life-changer, but the odds are stacked against you like a deck of cards with all the aces missing.

Instead of hoping for a lucky streak, imagine building your wealth like a boss. Think starting a side hustle, learning new skills, or even that cool business idea you've been sketching on napkins. It might not be an instant jackpot, but it's way more sustainable than chasing quick wins at the casino.

Sure, your friend might have gotten unlucky and lost their business dough gambling. But hey, desperation can make even the smartest cats do crazy things. Instead of judging, let's just say they learned a hard lesson about responsible finances.
But before people think like that, they should be able to think about the risks first so they can estimate the consequences that will happen to them. Many people don't think about it and just go straight to gambling. They think they can win easily from gambling when they don't.

Yes, I agree to start a side job or create a business that can provide an opportunity to earn money. That would be better than trying to chase the jackpot. We also don't know when we can get it but we can get more losses. Losing is a risk that we have to face when playing gambling.

But it seemed like it was too late because his friend had a loan that he had to pay back immediately. This is the result of what he did. Hopefully, he can realize his mistake and won't repeat it in the future.
451  Economy / Speculation / Re: Who buys Bitcoin at $500k on: February 25, 2024, 10:33:42 AM
When the Bitcoin was $1000 people would have asked the same question like who will buy it when bitcoin will be traded at $10000 or when it was $5K people would had same question but now people are still buying at $50k which mean even in the future people will buy Bitcoin and it's not like we are buying one complete Bitcoin but rather people do DCA or even buy only during the dips hence I don't think think it would be a challenge. We are still far away from $500k hence let's discuss on more relevant topics which would help the community.
Yes, that's what happened before Bitcoin rose $1000. Even when the price was only able to reach $200 at that time, people didn't think to see Bitcoin price go to $69k for its last ATH. But it's all proven and many people regret never investing in Bitcoin even for just 1 BTC.

So when the price reaches $500k, there will be people who will still buy it. But very few people can afford 1 BTC at $500k. Most people can only afford the smallest denominations of BTC.

But if people have done DCA from a few years ago until now, they really get big benefits. Especially if they already have a lot of Bitcoin that they still keep. But we will never know when Bitcoin will reach $500k.
452  Economy / Gambling discussion / Re: What is the highest amount of money you've ever bet in a single game? on: February 25, 2024, 07:05:23 AM
Using more than $100 to place a bet in a single game or more is not a good idea. We should place a bet using the money we can afford. But if you think you can afford to lose more than $100, you can do that. But don't regret it if you lose all of the money in a short time.

1. $1 is the highest amount of money I've used to bet on a single game in the past.
2. I can only reach my break even using that bet amount.
3. Right now, I can only afford to use less than $0.3 to lose.

I can't afford to use a big amount to gamble because I often lose in gambling games.
453  Economy / Gambling discussion / Re: The shocking rate of women interested in gambling. on: February 25, 2024, 05:16:07 AM
Everything has changed when the internet become more advanced. We see many online gambling sites available and give ease to all gamblers playing gambling online. This also helps women playing online gambling as they feel using online gambling makes them hide under the radar.

This makes the number of women playing gambling increase because they don't have to visit offline casinos to play gambling. They can just stay at home and use their devices to start playing online gambling. That's one reason for the increasing number of women involved in online gambling, while there are other reasons for them that they don't tell.

But this can increase the addiction problem as women can also get addicted as men. We never know why women are addicted to gambling because once someone loses control, that person can get addicted without realizing it.
454  Economy / Gambling discussion / Re: Do You Phase Or Are You Slowing Down Your Gambling Activity When.... on: February 25, 2024, 02:54:52 AM
I will stop my gambling activities until the religious event is over. It doesn't matter if the event lasts for two weeks or more because I am not an active gambler who often gambles.

Those are the times I relax for a while by not thinking about gambling. And at that time, I will follow the event too and enjoy it with my family. It will be an exciting moment for all of us.

I can back to gambling after the event is over. I can save my allocated funds for gambling because I stop it until the religious event is over.

Right? There's nothing wrong with it. It's a belief so people wont get too attached to worldly things. It's that once you start to distance yourself from gambling during the holy week, you'll learn to analyze what is really important and discipline yourself. The intentional distancing from certain activities during religious events can indeed foster reflection and discipline. It's a unique way to prioritize what truly matters
That's my reasons to leave gambling for a while. I often do this, take a breaks from gambling because I have another activity to do. I don't forces myself to playing gambling often because I know that will affect my finance. With stay away from gambling for a week or two during the holy week, I can attending religious celebrations with my family.

Yeah, that will help me to distracts my minds from thinking about gambling. Even if no religious celebrations, staying away from gambling is a must to avoid addiction and doing other activities. If we can take a breaks from gambling, we will not depends on gambling for pleasure.

We need to manage our times to do many things, not just playing gambling, to balance our life. By doing that, we can use gambling for a fun and enjoy our life.
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456  Other / Beginners & Help / Re: Start preparing for the next bear run. on: February 23, 2024, 05:46:34 PM
I think people have known already that the best time to buy is during bear season but it’s different when you are already witnessing the bull run and have seen the prices are rising. You will end up getting encouraged to buy at least good amount of coins so that you can also ride with the hype. These kind of people are mostly new to the market, and as much as possible they want to seize every buying opportunity that comes regardless of its price.

Now, no matter how we will encourage them to buy at its bear season, there’s no guarantee that they will follow us. They studied the market so most probably they also know what they are doing. However, if their concern is to buy and hold, and DCA after, I think buying even at a bull run price is still a good buy. As long as they won’t decide to sell at its lower position, most likely they will still be profitable when a new all time high enters the market.
Not really. If people already learned much about Bitcoin investment, they will still use this time to invest more before the price increase. But even if those people already learned much, that will not guarantee they buy Bitcoin because many new people joined in Bitcoin investment when the price increase. They aren't ready seeing the up and down of the price. They think that after they bought Bitcoin, they can sell it right away when the price increase.

But people who knew what happened to Bitcoin will not follow those people. They will still buy Bitcoin using DCA method and use the chance to accumulate many Bitcoins. We don't have to push them to buy Bitcoin because that will be personal decision. We can only suggest them to invest in Bitcoin but they should learn many things before decide. They will not worry with their investment in Bitcoin because they already learned much about Bitcoin.

Buying in this time still good as the price still search for the position to increase so we see many up and down of the price happen in the market. But if they don't use DCA method to invest in Bitcoin, they will hard to search the right time to buy Bitcoin. The DCA method has been proven help people to invest in Bitcoin.
457  Economy / Gambling discussion / Re: Do You Phase Or Are You Slowing Down Your Gambling Activity When.... on: February 23, 2024, 02:01:32 PM
I will stop my gambling activities until the religious event is over. It doesn't matter if the event lasts for two weeks or more because I am not an active gambler who often gambles.

Those are the times I relax for a while by not thinking about gambling. And at that time, I will follow the event too and enjoy it with my family. It will be an exciting moment for all of us.

I can back to gambling after the event is over. I can save my allocated funds for gambling because I stop it until the religious event is over.
458  Other / Off-topic / Re: Have you won a bet with your last cash? on: February 23, 2024, 12:30:23 PM
Sometimes it can be very disappointing when you have put hope in your gamble to yield positive results and you just end up losing more than you bargained for. It is very frustrating and demands that you immediately cut down, take a break, and also do well to have a gambling budget. I have not had the experience of using my last cash to gamble. I always make sure I have cash that  can get me to my house, irrespective  of the situation. I always make sure my transport fare is on standby, and I do well to have that consciousness and not reach out for it in gambling joints or sports.
But that's what many gamblers do when gambling. They have a great desire to win the gambling game even at the last moment. They don't think that they can lose all their money and instead place a bet on their last penny. But as long as they can accept the results, that's okay because what happens is that many gamblers are unable to accept the results.

They will repeat their gambling game on other occasions and will continue betting even until their money runs out. They will not stop until all their money is used for gambling. If they lose, they will experience frustration but that still won't stop them from continuing to bet.

The last money is the remaining money used for betting so they rely on that last money to bet. They hope to win their last gambling game with that last money. Well, some of them lose and others can win. It would depend on their luck.
459  Economy / Gambling discussion / Re: Gamble with what you can afford to lose can actually make a good investment on: February 23, 2024, 08:32:08 AM
The phrase “Gambling with what we can afford to lose” is something we should always remember. People can use more money than other people because each person has different limits. We have to control the risks in gambling so that we don't experience too many losses.

If people used a lot of money to gamble but they can't afford to lose, they have to change their mindset. They really need to learn controlling themselves so they don't gamble excessively. We can't win a lot of money from gambling if we don't have luck.

Instead of experiencing much losses that we can't afford, it's better to avoid by limiting the money we spend on gambling. That will prevent from the risk of losing a lot of money. That's where we have to be able to become responsible gamblers when playing gambling.
460  Economy / Gambling discussion / Re: Who's winning more casinos or gamblers? on: February 23, 2024, 02:27:13 AM
Casinos never lose. Casinos provide a place to gamble for gamblers and provide the best service to gamblers so they will still come to their place. Gamblers who cannot control themselves will only experience defeat and not just once but it will be a losing streak.

Yeah, the casinos remain the biggest beneficiaries because they own the business. We, as gamblers can only control the gambling game and don't need to spend all the money. Gambling is only for entertainment and we should also be able to use it as a place to have fun. If there are people who use casinos as a place to make money, they should immediately change their mindset.

We will difficult to get big wins from casinos. That's why we must be able to limit ourselves from chasing victory. If we win, that is enough for us to stop the gambling game. If we lose, it is also time to stop gambling.
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