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461  Economy / Gambling discussion / Re: [Boxing] Anthony Joshua vs. Francis Ngannou - March 9 on: January 19, 2024, 11:56:16 PM
In almost all of his fights I feel like Ngannou's robbed even though during analysis the other fighter's more powerful, especially during his fight with Fury where I still feel like he should've won that match and one of the very reasons why split decisions shouldn't even be a thing anymore, but I feel like this one's going to be different though. Joshua definitely got his own shit and something to prove for that matter but I feel like he's not gonna fare well in this battle.

Ngannou's a heavy hitter and a tough fighter for that matter, he knocked Fury down of all people and cemented his name in the boxing annals as someone who's capable of packing a punch and taking some to boot. If AJ couldn't figure out a way to kill his momentum and put him down, Ngannou's going to wear the hell out of him and knock him down eventually. This is going to be a battle of attrition so to speak since I feel like both fighters are capable of sending good punches and taking them, it's just a matter of how heavy those punches feel that would really be the clincher.

In any case, another fight to be excited about. Not as hyped as their fight against Tyson but hell I'd take whatever I can at this point just so I can see Ngannou fight.
462  Economy / Gambling discussion / Re: Your gambling life could affect your relatives lifes. on: January 19, 2024, 11:46:15 PM
If you let it affect you that is. And if you're in an Asian Household or with your parents still.

Thing is that for most European setups soon as you hit the legal age you're basically on your own until you die. You'd get the occasional calls and catchups from your parents but it's not like they'd actively help you out on things, I've seen most western families even leave their kids be in the topic of school fees, letting the kids be charged with fees as high as a hundred thousand dollars all for the sake of keeping tradition. It's stupid and very unfair to the kids, but I digress.

Yes, there's a good chance for you to affect your family's life when you gamble, especially if you're the head, but as a kid unless you don't tell them about it and it eventually seeps out or you let it get a hold of you while your parents are actively witnessing your health and sanity deteriorate then you should really be good. Parents could care less about what we do on the Internet nowadays, and as long as they see us healthy and happy they don't really interfere anymore. I've never had my parents check on me even when I was addicted to gambling and this is coming from an Asian Household of all things too, so the idea that you could affect your family's life by being a gambler is a little too conditional for me. You have to hit certain parameters first before you even get there.
463  Economy / Gambling discussion / Re: Do you pay attention on other people bet and it amount, and does it affect you? on: January 19, 2024, 11:30:59 PM
Yesterday, when I was playing Crash, I have caught myself thinking that I watch on how much people bet, how much they won and lose. First I have felt envy, when I saw one guy bet 200-300 bucks all the time for half and hour and cashed out with 2+ multiplier. Among bets in range of 1 sat to a dollar, he was really standing out. Then I have noticed a guy who was betting a dollar and did not cash out until rocket passes 10x. I was also amazed how a guy bet 1k, and lost it when the rocket banged at 1.00x, then he immediately made another 1k bet and the rocket banged at 1.03x. Then I saw him winning +5k bucks.

That is how the idea of this topic appeared. I watch others gamble, I watch how the bet, I start to think about betting more than usually. Do you have such feeling also? Do you have a feeling that if others make large bets, that you also must bet large, otherwise you would feel like uncomfortable, or feel like a poor among rich, or something of that kind.
I personally don't care about other people's grievances or how much bets they place on games, especially when the game doesn't even pit us against each other like in Poker or other card games. They don't really concern or bother me since I follow my own system of betting which I know works for me and my bankroll which cannot be broken otherwise I fuck the whole thing up.

I watch other people gamble yes, I watched TrainwrecksTV and Yassuo back when gambling was still allowed to be streamed at twitch, and I would lie if I say I wasn't influenced by their gambling antics and how much they spend on a regular wednesday, but that was in the past and now I can say for myself with 100% certainty that I am already a responsible gambler, I wouldn't lose games I do not have businesses of losing to and I wouldn't risk losing a lot of money for the sake of even more profit. After all, I stopped gambling for profit a long time ago and is only really gambling for the thrill, or when I don't have anything to burn my time and money with.

I bet high amounts against the conventional gambler, that's what I would say at least, but I wouldn't say someone influenced me into doing it. As I said, I go for the thrills, and sometimes placing higher wagers makes you feel more on the edge of things than if you placed a safe amount.
464  Economy / Gambling / Re: Sports betting arbitrage on: January 19, 2024, 11:06:29 PM
Sports betting arbitrage is a strategy in which a player takes advantage of discrepancies in the odds offered by sportbetting sites to obtain profit. Have any of you tried to make money this way? what difficulties did you encounter? What bookmakers did you use? Have any of you had problems with bookmakers because of this? Why does it bother them anyway?
I generally frown upon this as it exploits the casino for your profit. Like dude there is literally a reason why you'd play these games knowing fully-well that you'd lose. Taking the risk out of the equation just gives you the profit and if you're not really gambling for the risk or the entertainment thereof then what the heck are you gambling for in the first place?

If you say you're gambling for the profit then that's one way to start ruining yourself. Arbitrage isn't going to work 100% of the time and when that happens what are you gonna do? Of course, you place another bet. And you do that over and over again until you lose all your shit and marbles that you become addicted to gambling. Way to go champ. And if it does work, does it really feel nice knowing that once you get caught, especially if you're someone with a good standing and relationship with the casino you're playing with, you'd get banned? I've seen people's accounts be banned for arbitrage gambling and you're posting stuff like this specifically in the very place where most casinos actively interact with their customers, good luck with that.

I don't wanna sound like I'm the morally superior guy in the room but this just grinds my gears, what a huge waste of money, time, and effort when you could've just looked into other profitable ways to earn money and not risk your shit getting banned.
465  Economy / Gambling discussion / Re: Crypto gambling and religious restrictions on: January 18, 2024, 08:27:36 PM
Again, it is actually unethical to discuss the issue of gambling with religion and link it, remember that gambling is personal and so is religion, so it is very important for us to respect other people's views on rules and morals.  i am also a Christian and really respect other Christians who don't gamble because they think gambling is bad behavior, i never feel like i'm right, i just gamble without harming myself, my family and also other people because some radical Christians said that gambling destroys a person's personality and also destroys his life so in my opinion as long as the person is able to manage his gambling activities well then it is legal.
I don't think the discussion is meant to point fingers and oust those who are found to gamble but as a smart discussion to draw the line between what's halal and what's haram in the Muslim Religious' context. Like for example a lot of these aforementioned Muslims gamble using crypto and are using crypto for other stuff that they would otherwise consider "haram" since it's not explicitly stated in the Quran and by their Sheikhs to be specifically illegal or whatnot. There's a healthy discussion to be had in this case, and I think knowing what it really falls under is something that they need to get a hold of as soon as possible so they can be prepared for when crypto really sinks its claws in our society.

Personally, and I know this doesn't mean that much since it doesn't come from someone of Islamic descent, but I think the use of crypto to facilitate such acts that you guys would otherwise claim to be "haram" is still considered haram regardless. It's like using a different currency, like the peso instead of the dollar, which at the end of the day renders you still liable to the consequences of such acts that are against your belief system. Would you eat pork bought using crypto? I don't think so. Would you work on hours of praying if you're getting paid in crypto anyway? I don't think so as well. It's just that easy to understand.
466  Economy / Gambling discussion / Re: The PCSO Lotto is shrouded in doubt due to the picture of the winner shown on: January 18, 2024, 07:50:34 PM
This picture below with the woman holding a check is the winner of "P43 million lotto 6/42 jackpot prize on Wednesday, Jan. 17.".

That's almost $800k if converted in USD.



As we can see in the picture, it appears to be just an edited version, casting doubt on whether there was a genuine winner or if corrupt officials inside are attempting to claim the victory using that picture as evidence.

What's your thought about that picture, is it real or edicted?

How about in your area? How reputable are your state-sponsored casinos?


Source : https://twitter.com/inquirerdotnet/status/1747758509381574663/photo/1
Lol don't get me started with the shenanigan they pulled off last year too where the winning numbers drawn were 3-6-9-12-15-18 and somehow cause a lot of our citizens here in the Philippines are so bought with the lies that the government kept telling them they all turned a blind eye about it.

It's worth noting that our state lottery has seen a massive upsurge in the number of winners with 1-3 players almost every week, a stark contrast to prior bets and raffles that sometimes take months to even land a winner. Not to mention our commander-in-chief being the literal son of the dirtiest politician in the history of the Philippines, who not only stole money but killed everyone who got in his way and declared Martial Law when the country's not buying anymore of his bullshit. So yeah I guess this is a case of the apple not falling far from the tree yet again. He only has a couple years in his term if I'm not mistaken, so it's not like he's going to stay for long in the seat at this point but at the same time we're still looking at a 4 more years of graft, corruption, and utter chaos in the government while the rest of the people in my country die of starvation and unemployment.
467  Economy / Gambling discussion / Re: What's your thoughts on VIP Programs in casinos? on: January 18, 2024, 07:17:26 PM
I think it's a smart way to incentivize gambling more in the casino of your choosing. Special perks that you can only acquire if you've been a frequent player of theirs, or if you have accumulated a certain high amount of wagering requirement which aren't really exploitative requirements that push you to spend more than you would naturally do as a gambler are just fine ways to implement the VIP program. Of course there are caveats to this like some casinos requiring you to do something else like wager more than what you're comfortable amount is, and sometimes even forcing you to hold a certain amount of deposit within your casino wallet so they don't take your VIP status off are just requirements that in my opinion a little exploitative and borderline illegal as well. So be careful and check the requirements set by your casino.

With that being said, as I said, I personally think there are great ways to implement this and reward those that really spend more when they gamble without charging them or anything. For regular users this wouldn't really matter much since this doesn't cater to them which is still good as it gives the casino just as much insight about their customer population as if they asked them to answer a survey, which in turn could be used to improve the quality of experience in the casino for every user.

I've seen casinos improve drastically after implementing such features, especially well-known ones so there's real science in harnessing VIP programs for businesses and customers alike.
468  Economy / Gambling discussion / Re: cashout or wait till the end? on: January 17, 2024, 09:03:03 PM
2020 Casdinyard will say "fuck it, we ball" and hold on to that bet for dear life even if it means losing it all at the end. 2020 Casdinyard is not responsible when it comes to gambling and is most of the time seen splurging wins and paychecks every time friends invite him over for a session of gambling, sometimes even when he's just alone for the hell of it.

years from then and I'd take the first chance I get at cashing out on a huge win like this. The thing that I realized soon as I figured out that gambling was taking a larger role in my life now is that wins are wins at the end of the day, and you should take care of them and secure them as much as possible, especially in a game/industry as gambling where wins are hard to come by in the first place. In that regard, let me tell you that if I were in your position, even if it's just as low as a couple hundred dollars, just enough for me to breakeven and recover all my losses I'd take the chance right then and there. Why? Cause securing your wins are just as important as getting them in the first place. It's great if you get a million bucks, but it's even greater if you could ensure that you're not gonna fuck things up and end up losing the million bucks all because you're greedy and you think you can still manage to get more wins when the amount you're shown in the first place was more than enough.
469  Economy / Gambling discussion / Re: Do you think gambling every day is better? on: January 17, 2024, 04:28:02 PM
That's the mindset of someone who is already falling off the deep end of the gambling in my opinion. The fact that he's under the impression that betting more will amp his chances of winning games rather than taking more unnecessary losses shows that he has thought of this poorly and is probably a by-product of gambling belligerently.

As his friend, I think you should be the one to tell him what's really going to happen. Be the voice of reason and let him know that gambling more doesn't mean winning more, it only means that you'd place more bets and actually have even bigger chances of incurring losses. Picture this, you wager 10 bucks on a game with a 10% chance of winning, you think betting 10 times would give you wins that are enough to cover how much you'll be losing in a week, a month, a year? NO! So be the bigger person and inform him that more wins doesn't mean more money in the world of gambling. If anything, shooting for more wins is going to cost you more than if you had just quitted right then and there. To add up before I finish this comment, usually, people who think this way are already so far gone in the gambling addiction rabbit hole that they already require professional assistance, cause no way in hell a normal guy would think this way let me tell you that.
470  Economy / Gambling discussion / Re: Inoue vs Casimero (possible fight in 2024) Let's discuss! on: January 17, 2024, 03:56:39 PM
This fight is only possible, if Casimero is going to sign with MP Promotion again. As stated in the article, MP promotion through SEAN Gibbons are willing to help Casimero to get a fight with Inoue. And according to the camp if Inoue, Champ's fight was already line up, and will start with Nery (as mandatory challenger) and Murodjon Akhmadaliev, Casimero is currently last in the list, but anything can happen as long as the negotiation is would result to in agreement of both parties.

Read, for more story here/

Gibbons willing to open door for potential Casimero fight with Inoue

Last or first, signing with Pacquiao's team will definitely shoot up his chances of getting fights and being recognized by the people around him, and with the connections that the former pound-for-pound king has over different institutions in the boxing world there's a high chance that he'll make the fight happen sometime in the near future. It's just a matter of how Casimero should showcase himself at this point.

People will always gun for the kingleader's head, but it's those that come close to getting the kill that would really cement their names in the history of the game. Inoue's in his prime now and there's good chances that Casimero's not gonna win this, but if he shows himself in a way where he won't look like a total laughingstock and actually give the people and his opponent a good fight, we might even see more Casimero fights in the future. Pacquiao became one of the most respected athletes in the history of boxing not because he was undefeated, but because he has the skills to perform and the fighting spirit to keep going even when the odds are stacked against him. I don't really see Pacquiao in Casimero but who knows? We'll just have to wait and see for now I guess until the fight does happen. Till then we can only speculate.
471  Economy / Gambling discussion / Re: Do you believe in gambling experts predictions? on: January 17, 2024, 03:23:04 PM
A gambling expert brought i and some friends a guaranteed predicted game and asked us to stake a a high amount so that we winning could be huge and so we can give him a percentage of the money at winning.

I don't believe there could be a 100% guaranteed game but yet my friends who are eager to make profits in the gambling accepted to play the gamed as instructed and at the end of it, they all loosed the game and at then, the rest of us were happy because we didn't play the game else we would had loosed as others.

I want to ask, do you believe in experts gambling predictions?


Part of me wanted to but at the same time I couldn't care less about predictions and educated guesses especially if I made my mind up that I'd only play the game as a form of entertainment. Like yes it's still great if I do win but at the same time I don't make it a point of my games at all. If I lose that's fine, but I'm not about to make gambling a large part of my life to the point that I'm even looking for other "expert's" opinions just so I can bag more wins. I win it's good, I lose it's not so bad. End of story. Plus it's not like you'd take the "expert's" words wholeheartedly anyway. If you're a regular human being you'd always have some semblance of a doubt at the back of your head no matter how much bought you are with what the other person is saying, which means you could either divert to what the expert is advising you to do, or just take his variation and implement it into your playstyle, both of which aren't really you doing what he wants you to do in the first place which to me is a massive waste of effort and time on your end.

I don't wanna sound so cynical but at the same time I guess it can't be helped. I make it a point to let people know that gambling shouldn't be a large portion of your life and if it came to that point then you're gambling the wrong way. Soon enough you'd find yourself asking for more and losing more, which will lead you to gambling addiction later down the line.
472  Economy / Gambling discussion / Re: Social aspects of online gambling on: January 17, 2024, 03:10:25 PM
To the people that have maybe tried both online and physical gambling, how do you perceive the socialization aspects of online gambling?

In my personal opinion: I think casinos that feature crypto gsmbling are somewhat lacking in terms of how players can communicate with each other. I get that some people that gamble online might actually want to avoid talking to other people, but what if you can only gamble online and still want do socialize a little bit?

When I tried sitting on live blackjack tables for example, the dealer would always introduce topics, as if he/she was told to keep talking. But it felt very repetitive and forced. The chat wasn't a good means to actually keep up a discussion. Out of the wight playwrs maybe one or two would reply with single words, and if you wrote something longer the dealer wouldn't have time to read it, respond and keep dealing at the same time anyway. So it was just a one sided back and forth, not a real discussion.

In other sites there is a single chat and it's so active that it's actually hard to follow, while there are thousands of players...

It's just my view that most online casinos could do many things to improve the social aspect of their sites. Not sure if there would be demand though.
It's a good to have but not necessarily something that you'd be clapping your hands to the casino for if it were to be implemented. As crwth mentioned it's not like users will go actively out of their way to chat strangers even if they become so bored or so lonely from the gambling journey, so it's not that much big of a deal to implement in the first place.

However, I think a social aspect that every casino should have is the ability to add friends and actively chat with them within their premises. Some casino-goers would rather keep their identities within the casino inside there, for privacy purposes. Having a chat feature that doesn't require them to use any other third-party application greatly increases the usability of the site, from the usual gambling and dipping to gambling, chatting some of your friends to wish them a good luck, and then dipping. And for some people this will work wonders as it reduces the chances of them getting scammed, or their identities in the gambling site being used for the same manner. It's a win-win however I look at it.

Still, the need for chat features honestly pales in comparison to larger issues that gambling sites face today. One of which being complex terms and conditions that shouldn't even be that way in the first place. They should first focus on giving high quality of play features within their casinos before they jump into stuff like these in my opinion.
473  Economy / Gambling discussion / Re: Another question? Tell me your average amount per bet and your monthly income? on: January 15, 2024, 04:48:07 PM
It's been months since I last allocated a part of my salary for gambling, and it's not because I'm no longer gambling or whatever, it's just that I made a self-sustaining bankroll system that allowed me to still be able to gamble using a bankroll that practically pays itself.

When I gamble in the past I take it out of my pocket which is a massive mistake as it's easy to lose track of just how much you're spending when you take it out of your own finances. Eventually I got addicted to gambling and luckily enough I was able to quit gambling while damages are still reparable. From then on I made it a point to never gamble belligerently again, and in my quest to look for real good ways to gamble without losing money I happened upon a win-lose system that someone posted in this forum, basically it says you should quit gambling for the day once you either reached 3 wins or 3 losses, when you win 3 times it assures that your wins are secured, and when you quit after 3 losses it ensures that you don't lose even more. Now I incorporated this with a bankroll system that I used way recently, where I funded a specific wallet with enough money that could support hundreds of games if ever.

Everytime I win, it goes towards my bankroll, every time I lose, it's the bankroll's burden and not my budget's every now and again I fund it and the most that I refilled it with is a little over $500, but having something like this around definitely made my life better and my gambling journey a little smoother.
474  Economy / Gambling discussion / Re: Does it looks responsible as woman telling husband you gamble? on: January 15, 2024, 04:35:52 PM
Could be a new way for you and your husband to bond over something really. But I say you guys should proceed with caution. I've seen one to many a story about families being ruined by gambling all because they couldn't check themselves or control their urges and impulses.

It's so easy to lose track of your own self when you're enjoying the company of other people, especially those that you really care about. Even though you're gambling pretty responsibly there's a pretty good chance that you guys may fall in too deep when the both of you start your gambling spree and lose on a couple of games. Both should have a way to check on each other or at least be responsible enough on their own to quit gambling when they are already aggravated with the results of their sessions. As I said this could be a new way for you two to really have fun when other means of enjoying yourselves aren't available at the moment. Both of you teaming up or going against each other on certain games like poker and dice are a real way to connect and enjoy each other's companies even at the comfort of your home. Just need a little precaution and care to make sure you guys don't get addicted to gambling. And of course, you should let him know about it and be honest with him as well so trust can be built between you guys.
475  Economy / Gambling discussion / Re: Mental rehabilitation clinic. on: January 15, 2024, 04:23:29 PM
Imagine that there is such a rehabilitation clinic for people who are addicted to gambling. Now imagine what they treat there without the use of pharmacology.
    The main doctors there are gambling specialists, whose task is to convince you that you do not need to gamble. Your task, for example, is to prove that the patient most likely has a disordered game. In order to have long-term income, you need to have a gaming system. And not just a system, but a fairly innovative system of forecasting and risk management. Most likely the patient does not have it and never had it; otherwise he would have been successful and would not have ended up in rehab.
    It is also necessary to find something for the patient to do instead of playing, so that he can occupy himself.
Now imagine that this gambling expert is you. What arguments will you give? What will you tell the patient about?
       Please note that the patient will resist to the last. He will give counterarguments. For example, that he will get rich in the future, he’s just not lucky yet.
    What other arguments do you think the patient will give? How do you respond to these arguments of his?
Pretty sure this won't work and would only make the gambler think either that it wasn't their fault they lost their games and the loss is only because the system was rigged instead of accepting the fact that it was their own hubris and ignorance that lead them to unnecessary losses, or that they didn't even need to take their treatments anymore cause they can game just fine. The manner at which these people who are addicted and admitted to rehabs are treated is to give them the notion that gambling isn't the endgame lifestyle or game of choice that they can do. There are other ways to earn, enjoy, and realize whatever you wanna do without subjecting yourself to massive problems and financial turmoil, which is why none of them are given the chance to get a hold of gambling sites or whatever as it would only lead to them having further issues with gambling.

Even if this is a controlled setup I still wouldn't advise it. The current treatments for gambling addiction are seriously working and it's more on the willingness of the afflicted to receive treatment that really makes it hard for people with gambling addiction to recover and less about the treatments themselves. So with that in mind making rehabilitation and recovery a more appealing aspect than sunk cost is what should be the main focus of people in the recovery and rehab sector.
476  Other / Meta / Re: Campaign to improve posting quality for local boards on: January 15, 2024, 03:49:53 PM
Honestly a smart way to incentivize constructive content in the local boards. I've been in my local board (the Philippines) every now and again and I must say, it's either we get shitposts in there or it's as barren as the Gobi Desert cause we can't make good content that doesn't look like it's copy pasted from somewhere else in the forum.

Having a new ward/translator for the Filipino Local Board—and more so someone I can trust for that matter since Latviand's one of the rising content posters in this forum at least for me is a good thing and could definitely cascade content towards the local boards once again. Although I don't expect it to be that much since most campaigns in this forum are still not eager about paying people to talk in their native tongue, which isn't necessarily a bad thing but is certainly another cause as to why people just don't visit the local boards anymore. We're at the cusp of ushering in a new age of content posters here in the forum that's more on the constructive "quality" aspect rather than the spammy "quantity" kind that does all of this for the sole intent of meeting their post quotas in their respective signature campaigns. I'd observe this with great interest and would like to offer my helping hand as well in improving content for my respective local board OP.
477  Economy / Trading Discussion / Re: Do not use more than 2x leverage on: January 15, 2024, 03:41:55 PM
I am referring to Vitalik Buterin, one of the ethereum founders post on Twitter that states that people should not use more than 2x leverage.

Don't use >2x leverage. Just don't.

It is one of the things he listed as a financial advice. As a trader, what do you think about it? We set some money aside for trading and as for me I still use up to 2.5x leverage for bitcoin to open a long position.

I think using this low leverage is good for traders. But investors should not use leverage at all. Investors should even supposed not to leave coins on exchanges but moved the coins to a noncustodial wallet.

This is also not applicable to many coins that are very volatile in a way that 1x leverage can even lead to liquidation of asset. See what happened to TRB recently that fall from almost $700 to $125.
This is part of a list if I'm not mistaken, and based on my understanding this is all tips he gave to people who are looking to invest in the crypto space as newbies. Despite that however I don't think what he's saying couldn't be true for us pros, as even us fall short sometimes especially when it comes to our price predictions and positions.

2x leverage to me is nothing more than a gamble that's stacked against you. moreso if you're an investor since what you're only ever expected to do as one is hold your coins and reap the profits eventually. Having to go so far and greedy to take a 2x leverage is a massive bullet in the head that could literally kill your momentum as a trader and eat all your investments away. Traders can still pretty much survive this as you have said since most of them know what their risks capacities are but I seriously advise against it as well on the account that it kinda is harder for traders to recuperate their momentum and assets especially if you have 2x leverage on all your positions. But who knows? Honestly it all boils down to how much risk you can take as a trader and less about the 2x leverage itself. Personally I think it's a massive risk that you shouldn't take even if the profits look appealing, my opinion could differ to everyone.
478  Bitcoin / Bitcoin Discussion / Re: What would it be like owning a Bitcoin in 2024? on: January 15, 2024, 03:23:59 PM
True Bitcoin has had a massive turn since 2013 and was one of the year with benefits for Bitcoin investors or holders it started with $13.3 in 2013 and by October crossed over $200 unlike 2012 which was not too outstanding.

Today bitcoin is about $45,474 per dollar and many cryptocurrencies are now been generated to compete greatly with Bitcoin, leaving the fact that it is the most known  cryptocurrency most individuals are still been illiterate about it.

Although I have not yet owned Bitcoin, I understand that investing in Bitcoin is a great idea but as like others, it is not a 100% guarantee. And if owned should be stored in a non custodian wallet for safety, I would love to begin my Bitcoin journey and appreciate lots of ideas and advice from this family.

So what is your take about this, would you advise on owning Bitcoin in 2024 or do you see it as a total risk?


There are prediction graphs made in the past that in retrospect accurately predicted just how big bitcoin could become in the years to be. Forgot his name honestly but if I'm not mistaken it was a formula of sorts or a price prediction graph (either of the two) which made headlines for how ambitious it was but eventually, it turns out that he's onto something.

With that in mind I say bitcoin could become really big in the years to come, even some early bitcoin developers and backers predicted bitcoin to reach as much as 300k in this particular bull run alone. Which is a longshot and yet an ambitious one from the 100k ATH price that we're shooting for, in spite of the fact that bitcoin destroys our expectations of it (in a good way of course) everytime a bull run commences. If that would be the case we may as well expect bitcoin to be 300k in the months to come, or perhaps next year as it takes bitcoin a whole year before it really gets into its feet and gain some traction even after every halving. For the meantime, I say it's better to be early in the game than be late in it and reap the scraps of what you could've enjoyed. It's not even risky to invest in bitcoin at this age anymore as compared to other cryptocurrencies in the market there's some level of price security involved with bitcoin that allows you to have that peace of mind even when the price is crashing, so long as you don't sell your position of course. So yeah, invest in it and don't delay.
479  Bitcoin / Bitcoin Discussion / Re: Knowing Bitcoin price history is important on: January 14, 2024, 11:33:28 PM
My trust in Bitcoin grew exponentially when I knew the price history of Bitcoin.
Besides other things, history is one main thing used in technical analysis. You can't analyze a market if you don't know the history of that market. History helps you determine how that market behaves at different points in time.

Bitcoin price history is necessary for all Bitcoiners, but to be a successful holder you have to understand the price history of Bitcoin.
This will help you understand the volatility of Bitcoin.
When you know the price history of Bitcoin you will understand that there is nothing new about the fall and rise of price. Also, the history will let you know that the price always goes back up after a fall and that should help you in your effort to hold Bitcoin.

When you read about the price history you'll see years like 2017 where Bitcoin peaked at just over $19000 from a thousand dollars. The volatility of Bitcoin goes both ways and you can only hold on to your Bitcoin when you know these things.

This is a graph of Bitcoin price in 2014 by Statmuse

In 2014, Bitcoin went from about a thousand dollars to under $200 and finally ended the year at just over $300. This kind of knowledge helps you keep the faith as a Bitcoin holder when the price dips.
This story may not be that relevant against the topic but since we're talking about how reliable bitcoin is anyway I think this one's worth bringing up. Back in 2022 I have heard about the guy who created this formula or whatever that could dependably predict how much bitcoin will go for as time goes by. So far as I said the graph and formula he made has been very dependable and at least accurate which is a good thing, cause it means that bitcoin is cyclical, and that if we play our cards right we could time our buys and sells and expect massive profit upturns all by playing around bitcoin's price behavior. Plus the fact that bitcoin's still volatile yet cyclical allows it to be one of the most risk-free cryptocurrencies on the market right now. You could lose all your shit in any other cryptocurrency but with bitcoin, there's a chance for recuperation and even profits after a tumultuous crash as long as you don't sell your positions when the market is down.

This doesn't mean that you could just put your money onto bitcoin and expect profit upturns though, as you need research and a deeper understanding of cryptocurrencies and bitcoin if you really wanna maximize your profit potential with it. Investing willy-nilly and then selling your position when the market's down, then blaming bitcoin for dumping is one of the worst things you could do for yourself. Bitcoin will eventually come around, but soon as you step out of that door you're no longer part of the party. So make it a point to always have a foot at the door when you're investing in cryptocurrencies, particularly when it comes to bitcoin, as it rarely disappointed people who believed in it.
480  Economy / Economics / Re: Vitalik Buterin's Financial Advice on: January 14, 2024, 11:21:27 PM
Vitalik Buterin Took to Twitter to share Some of His Financial Advice.
quoting a Tweet About Bill Gates and Warren Buffett He Wrote:

Quote
Some actual financial advice:

* Diversification is good.
* Save. Get to the point where you have enough to cover multiple years of expenses. Financial safety is freedom.
* Be boring with most of your portfolio.
* Don't use >2x leverage. Just don't.
Tweet Link: https://twitter.com/VitalikButerin/status/1743991285214527532

What are Your thoughts about his financial advice guys? I like the first and 2nd which I've been doing by myself too.
This is as smart as any financial guy could be when providing suggestions and tips to a larger audience of possibly diverse risk capabilities. The fact that he made sure to provide profitable but still "risk-free" financial tips especially when most of us here would go degen on the next crypto bull craze may not sound so great, but for someone who's just learning the ropes in the crypto industry, this is a golden nugget that they could use to start off their journey.

Had I known about this in the past, I probably wouldn't have to lose all my earnings in the first profitable bull run I've been in. All I really had in mind back then was money and making sure that I make the most out of it, so I banked on all the risks without knowing if they are even worthy at the end. Of course I lost all of my earnings and even had me thinking if crypto is really for me. Eventually I came around and found that I would be more smart and calculated about the risks that I pose myself to so I don't end up with zero bucks on my bank account.

Thus far, employing Vitalik's tips without even knowing about them in the first place allowed me to not only take profits but also secure them and ensure that I don't lose my money willy-nilly. I'm far from a noobie but yeah, trust me when I say it works really well.
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