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461  Economy / Economics / Re: Would you rather start/grow a business from scratch or buy an existing business? on: August 13, 2023, 11:16:10 PM
The decision to start a business from scratch versus purchasing an established business, especially in times of economic uncertainties and inconsistent government polices is very challenging. Both options have their pros and cons and choice ultimately depends on your risk tolerance level, resources, professional expertise and prevailing conditions. If I were to to place myself in your position, I would prefer to acquire an operational business that is generating reasonable sale revenue with well established customer base.
Going with a well established business will be good when it comes to revenue and the risk will be low. As stated everything will have their pros and cons. In terms of productive development we won't be able to do much in it. Different people will have different choices and mine used to be developing from the scratch. Whether we succeed or not is secondary, it gives a fulfilment like something achieved whenever we reach some milestone. Even the milestone reached can be very simple, but it had come out of our hard work and our plans and the execution taking place in the right way.
462  Economy / Speculation / Re: Will the price gets to $60k this year? on: August 13, 2023, 11:11:54 PM
It has been almost 4 months since this post. I still think the same way because there is no development that would require the Bitcoin price to rise, except for halving. Of course we all want the price to go up, but we have to be realistic. I think that the target of 60 thousand for the end of the year is very high and difficult to reach.

There may be a bull run before or after the halving, we need to be prepared for it, but there is no guarantee that it will happen by the end of the year, so we should not rush.

Bitcoin is progressing step by step and will reach its goal with solid steps. The bull run will come and what we have to do is increase the number of Bitcoins we have. That's all we need to focus on right now.

The only hope right is halving but we have to keep in mind that it takes time after having before we start seeing a bull runs. Right now it's good time to buy bitcoin for upcoming bull run. What we learn from historical price chart is that there is always a massive bull run after every halving. If you have faith in bitcoin then better start accumulating bitcoin now.
For everyone expecting for the best to take place with halving, it is the time to accumulate as much possible. During halving it is possible to see good growth with bitcoin, earlier there used to be bearish movement in the market. It happens to push the price, there is difference in reaching new high from the bottom and there is difference in reaching high price from a price point which is already a big price. So, opportunities need to be used in a wise manner, and there is fair chance of price reaching $60k considering the way market is moving. There is no fast move, but in a much stabilized manner the rise is happening.
463  Economy / Gambling discussion / Re: Anonymity is no longer a benefit of gambling with cryptocurrency. on: August 13, 2023, 11:07:12 PM
It's not entirely true anyways... AFAiK, there are some casinos that don't even care about the KYCs anymore - mostly since they've observed that it's becoming a problem this days..
Alot of things are happening in today's world and it's infact, a mojor constitute...but why would anyone be really keen about maintaining anonymity if not for covering up money laundering cases?? So many peeps don't wanna be monitored and that's against the T/C's of most casinos with obvious reasons... They don't wanna be sued for illegitimate ordeals..

Sandra 🧑‍🦰
Maybe thats happening with the gambling platform, but the functioning of KYC free platforms used to be something different. Whenever something related to KYC comes, what strikes me is the directbet. Such kind of functionality won't have any issues with noney laundering, because there is limit with the bet and the bet can be placed from the wallet in which we need the bet amount to be settled. If the amount need to be settled on some other wallet address that can also be done. Winning bets gets settled and the lost one will be left, and this way the possibility of money laundering seems to be hard.
464  Economy / Trading Discussion / Re: How much should I invest in cryptocurrency as a beginner on: August 13, 2023, 11:02:10 PM
I would say there is no specific amount that you can start with but it you are new and want to have practical exposure with gaining experience then start with small amounts but if you are into long term holding then simply go with bitcoin with whatever amount you lik but if you have in mind intra day trade then small amounts are fine.You can also have demo account setup so you can have little bit idea about how market reacts and you have some experience before coming into real action.
As said the amount isn't specific, when we need to know well about trading we need to feel the difference in the value we hold based on the price movements happened. For this atleast 0.003 BTC is required according to my choice. This means we'll be able to experience the change in a better way. Something like the price of bitcoin changing from $30k to $29k will give a $3 difference on our holding value. This gives clear picture on how to involve into trading and make money as well as lets us know how to avoid losses.
465  Alternate cryptocurrencies / Altcoin Discussion / Re: Is ETH the King of Altcoins ? on: August 13, 2023, 10:57:56 PM
ETH can be considered the king of altcoins for sure. Not because it has a lot of fan base, But it's survived in the long run and also shows significant improvements.
Its survival did really made it one of the top altcoins. And being the top altcoin doesn't mean easy for the market but it means that it had gone a lot of trials and tests.

From there, that's how it has gained a lot of fans or let's say the investors that have trusted it and until now, still the 2nd top net worth or in market capitalization is something else and should be recognized.
As said during the same time period more altcoins have come to the market and have vanished off. This is a proof that ETH is king of altcoins. The market and the development with the ethereum continues in a stronger way. This being the base for the development of most of the altcoins makes it to be the leading altcoin. Amidst strong competence from different centralized altcoins, staying strong in the market isn't an easy task, ethereum had been doing it well.
466  Alternate cryptocurrencies / Speculation (Altcoins) / Re: $20,000 to invest in any Altcoins of your choice? on: August 13, 2023, 10:53:15 PM
Can you please help with any Altcoins that coins that someone can invest on in this particular time.

Are you really going to part with your money so easily after reading various financial recommendations from people you don't know? If you have earned 20 thousand dollars on your own, then it should not be difficult for you to choose a coin for investment yourself.
When you've earned it with your hard work the decision needs to be yours. Analyse the market well and surely it is possible to identify the best altcoins for investment. When you analyse and do it of yourself it'll be a learning, if not it serves to be a copy investment. Whenever we put money on something it should give us something. Learning is a big thing that can be got through experience than someone's direction. If required one can receive the suggestions from the experts and the decision should be purely on the investing person.
467  Economy / Gambling discussion / Re: 🏏LANKA PREMIER LEAGUE [LPL] 4th season 🏏 on: August 12, 2023, 11:53:45 PM
16th Match Jaffna Kings vs B-Love Kandy

Fantastic match between these two team end with B love winning by 8 runs. I enjoyed this match so much. Pakistani youngsters Muhammad Haris played real t20 cricket and scored 81 runs im just 51 balls. 178 runs is big target in Srilanka grounds. Jaffna kings lost openers earlier. Miller and Shoaib Malik partnership give some hope for winning but Shoaib Malik failed to finish strongly. overall this match was high score match and double sided game.
It all looked like the Lankan Premier League had started and now it is close to the end of the league. Few more days left and amidst the prevailing situation of Sri Lanka the league is slowly getting progress as foreign players participation have been good compared to the past season. In the match between Dambulla Giants and Colombo Strikers it was Dambulla Giants to win by 50 runs. McDermott (69) and Alex Ross (51) had contributed good runs and in the bowling Hasan Ali took 3 wickets. With this win Dambulla Giants continue to be on the first position on points table.
468  Economy / Gambling discussion / Re: Possible measures to stop online gambling addiction. on: August 12, 2023, 11:40:59 PM
Counseling is the best option here, if you’re already addict you already need professional advice and of course a big support from your family. Being addict can cause a lot of depression, stress and anxiety especially if you are losing money. Getting away on any platform with regards to gambling can help but I see this as an temporary solution, if you really want to recover then start looking for help.

Some people get addicted but don't realise it, and at such it becomes very difficult for them to stop their addiction. Even if they get a professional counsellor to advise them, they still don't get over their compulsive gambling habit until their minds are made up about stopping it. I have seen some cases where a gambler has received all sorts of advice from his family relatives to stop gambling, but rather than stopping, this guy became worse for the fact that he never even accepted that he has an addiction. Although your suggested approach can work for someone who realises that what they are doing is a bad habit.
Majority of the gamblers don't accept it. They just say, they've got control over their gambling activities and able to take a break or stop completely when required. These are mere words and in reality they don't have better control. Most of the time gamblers get into addiction on two reasons, one when they loss and trying to recover it back. Other when they win and they want the same to continue. Person who is able to take a break amidst the win/loss is the one with best control.
469  Economy / Economics / Re: Would You Consider Adding Bitcoin to Your Retirement Savings on: August 12, 2023, 11:03:14 PM
Absolutely!!!
Bitcoin is one of the best assets one can have in this century. Instead of depending on fiat currency and fixed deposits, why not have Bitcoin, have gold, have a business, and many other assets available.
All these can give high returns in the long run.
Bitcoin is indeed the best among other assets in it class,  and for one significant fact fhat Bitcoin have an edge against inflation makes Bitcoin the best possible asset for long term goal such as retirement,  and also for the fact that having your retirement funds in Bitcoin keep your asset away from over taxation also contribute to the many success that comes with Bitcoin as retirement savings.

Since retirement has to come with long-term goals,  it makes Bitcoin more suitable for that demand since Bitcoin's value and profitability are reflected in the long-term base.
This is a proven fact, bitcoin is against inflation. Bitcoin investment needs to be considered long term, not everyone have got the patience and it is the only investment that assure large margin based the time of holding. The inflation around the world have affected the lifestyle of people, particularly the people in retirement. They've got scheduled spending and those are unavailable. Due to inflation this is now a question. In such situation bitcoin on retirement fund will surely help in better living support.
470  Bitcoin / Bitcoin Discussion / Re: Is bitcoin really not for everyone? on: August 12, 2023, 10:57:53 PM
Nowhere it is mentioned that bitcoin is for specific people or it can be used by someone who is technology wise good. The prime objective is to take away the middle man. The technology does it and it is helpful to each and everyone. This makes bitcoin is meant for everyone. This happens only through better understanding and the interest towards it.

We need to spread the word about bitcoin, but the same shouldn't be done on force. The growth and spread in these days have happened as a result of proper understanding about it. Nowadays scams in the name of bitcoin have decreased as people were well aware to segregate and get into the trusted market.
471  Bitcoin / Bitcoin Discussion / Re: If you had a time traveling machine, then? on: August 12, 2023, 10:50:41 PM
Op some people will like to go back again and to accumulate enough bitcoin because at that time when bitcoin price was very low, the awareness and adoption was very low. It was only few people that knew bitcoin and used it. An now that people have known bitcoin like this, and they want to buy but the price rate is restricting them from buying so if bitcoin go back to it early price again. I will accumulate enough.
When a person have got access to move back through time travel he/she will surely accumulate as much possible. This is the expectation and most of the users have mentioned it. To me, when we travel behind years we should have the same mentality same as the past days. If a person who hadn't known about it, he/she should be known about it. This needs to be the change in them. In such situation very few will invest.
472  Bitcoin / Bitcoin Discussion / Re: How useful is Bitcoin to the youth? on: August 12, 2023, 10:45:14 PM
Not about the opportunity, but the technology have reached big and people have started to understand well about it than getting into fear. In the past people always had fear of using it as well as investing on it. Now things have changed and people are more positive about it. In the past whenever some negative news gets rolled, automatically the market struggles as panic selling happens. This is no more as awareness about bitcoin is at its best.

Bitcoin have created space for the young people as well as it have given an additional opportunity for them to earn, invest, trade, etc. The usefulness of bitcoin depends on the way every person. Right now the importance relies on investment, over time this can change as it have got multiple usage accessibility.
473  Economy / Economics / Re: No choice but to use the unavoidable middle man, the exchange companies. on: August 10, 2023, 11:59:25 PM
While cashing out as well as while we involve into trading activities there is a need for exchange. Another thing when a person is new to the cryptomarket, they feel more confident when they've got a support team to raise queries. For people who have been using cryptocurrency for longer time period this isn't a big issue. They'll easily skip the middle man as they've used to Cashout with traders based on trust and for such things to happen with the new ones it takes time. As the title states usage of exchanges were unavailable to some extent.
474  Bitcoin / Bitcoin Discussion / Re: can Bitcoin provide food for our table on: August 10, 2023, 11:55:22 PM
Bitcoin have got the ability to bring food on the table. Whether the food fulfilled the person or not need to be considered and this depends much on the person's ability to analyse the market and engage himself into trading and other choices available. It can be investment, services availed in exchange for bitcoin, etc.

Bitcoin being a multiple purpose usage asset, there is more chances of using it for the good and making profit out of it. Same time it have got the risk which could let you loss at times. One who have got the ability to overcome and stand profitable is the successful to have his/her food on the table out of bitcoin.
475  Bitcoin / Bitcoin Discussion / Re: Is bitcoin best option to invest on: August 09, 2023, 10:09:43 PM
I would say BTC is one of the most interesting, but it is not an investment alone. It is also freedom, no one else has access to the Bitcoin except you. For many people, it is not easy to buy Bitcoin, or it is forbidden. Everything that is forbidden makes it more interesting.

An investment is also possible with a target, be it with a fixed interest rate. Or a real estate project, but the risk is higher, also the profit. But these are funds managed by banks.
Bitcoin is a multi purpose asset that can be used on different needs. Having a non custodial wallet makes the bitcoin within the wallet be like money in our bank. It serves as a transaction source, currency and on different other needs. However majority prioritise bitcoin for the growth it provides over the investment. The market fluctuation used to be high against other forms of investment. This makes it riskier, but the person who is able to hold with patience profits for sure.
476  Economy / Economics / Re: Big companies will never let you have the financial freedom on: August 08, 2023, 07:52:37 PM
In one way or the other everything needs to be under control. The innovation is decentralised while the following projects were much aimed at their personal upliftment. Bitcoin is the only thing that gives you with the best whereas the altcoins including the PayPal stablecoin is high risk involved. In the past due to some issues network used to get struck and big volume of funds have got frozen. Later after much efforts the fozen fund gets to be used without any problem. In such incidents there won't be anything intentional to freeze the funds. What we see with PayPal stablecoin is completely begun with intention to freeze funds whenever required. This is not good for the cryptomarket.
477  Bitcoin / Bitcoin Discussion / Re: I lost my life savings trading Bitcoin Don't be like me. on: August 08, 2023, 07:35:48 PM
I had this feeling when I lost big for the first time in gambling, not with trading. Somehow I came out of it. There is lot to go forward and achieve in life, we should not go down. What you've done is really good. When you were able to share it, you feel relieved and relaxed.

Based on the way op have shared the incident it looks like he had been trading and he could've been making mere profit out of trading. To make better money he could've shown interest into gambling. This could've caused him to loss big.
478  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: August 08, 2023, 07:24:53 PM
Can't blame the Windies bowlers when Sky going at this rate along with young gun Tilak Verma. Guess their batters have to take the blame for this defeat.

At the same time didn't like when Hardik went for winning runs with a 6. They just needed 2 runs and had enough balls, he could've given a strike to the young batter and he was batting at 49. Not a big deal overall but it's a big confidence boost for a young kid when he's scoring back to back 50s on his debut series.
Indian players have played in a much responsible manner than the previous matches. Once again disappointment from the young openers Yashasvi Jaiswal and Shubman Gill. Against Suryakumar Yadav it is really tough for the bowlers, after he had got to the form. Tilak Varma accompanied well and this is really bad from a person who is serving as the captain of the team. When the match is at critical situation going for big shot is fair. Here 13 more balls available and two runs required while Tilak was in need of just a run to have his half century.
479  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: August 08, 2023, 04:08:29 PM
West Indies won the toss and chosen to bat. Now their innings is over and West Indies have managed to score 159/5. It looks like West Indies pitches have got an average score of 150 runs. All the three matches played haven't crossed 160 runs. The match looks same as the first match in which West Indies won the toss and batted first scoring 149 runs. It looked like an easy target for India and finally India lost by four runs. Today also India is predicted to win the match and keep up the chance of winning the series. Lets see if India have improved or plays as the previous matches.
480  Other / Off-topic / Re: Keeping your gambling habit a secret. on: August 08, 2023, 11:12:28 AM
If we're on the winning side we can be proud of what we do. With gambling what we experience is loss, we expect it to happen in favour of the ganbler and the reality is completely against it. The house always have its edge and for this reason majority of the gambler have loss in their statistics than profit. This makes people to be down and never want this to be known to the outer world.

Next thing is the dear ones seeing us low after losses. During my initial days of gambling my gambling activities were known to my family. Those days I was in winning streak and the same kept my dear ones happy and we used to spend time gambling. Later I started to loss and my dear ones weren't happy and they were able to come out of gambling very easily. I wasn't and till date I continue to gambling and this is a secret from my loved ones.
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