An old desktop or laptop if you have will be enough. The important thing is to download the official wallet of Electrum from its official website because too many clones and fake out there.
Yes an old computer is good in a way that you will remove the wifi and bluetooth modules. Sparrow can also be used, it is a good bitcoin wallet. Yeah, a total disconnection from the internet. IIRC, I've done this I think on my early days when I haven't bought yet my hardware wallet. It's still realistic and the same questions will rise again when we're gone far and the prices are too much already.
How many people have $40 000 they can miss? I'd say 0.01% I personally had about 70k in savings and spent 13k on 0.3 BTC. I was interested the whole year, but I was chasing the 10k low that we never hit. I'm in doubt, whether I should buy 0.2 more or there will be a better opportunity. I've seen a lot of people talking about that low and they'll start buying. But it seems that we're not going to see it anymore and this how the progress on this market is. We see higher lows every time the cycle is in and it's your call whether you'll buy soon before the halving or you'll wait a little bit longer. That's your money so, spend them wisely. |
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It's said that the issue with the Ledger library has been fixed. But to those that are still in fear of doing so then you just let it pass and wait for more info with the dApps that you're using. These dApps really are vulnerable to attacks based on the history that it has got. For most of them, that's what it seems always on the news whether it is the actual dApps or just wallets that can be connected to them. The rate of scam these days is very alarming and we need to be very careful for those of use that love to use dapp everytime anytime we want to trade in the market. It is very important for us to keep to every warning because this can safe us from stress and prevent us from falling victim to the hands of scammers losing our entire funds. Everyone need to be aware of this information to safe a lot people from losing their entire wealth in cryptocurrency.
That's one reason to always engage with the community for some news regarding these updates. |
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Buying 1 BTC was realistic for many people before the first 3 halvings. Now that is no longer the case.
It's still realistic and the same questions will rise again when we're gone far and the prices are too much already. - Why would people invest loads of money in BTC after the halving and not before?
That is because they like more confirmation that the price have already increased than to wait patiently before it goes up. We're humans and only a few believes on what we're telling to buy now and wait until the price goes up, that's their approach and strategy that's so wrong but we can't blame them. - What is a good price range for an air gapped wallet, for someone who only manages 0.3 BTC?
I take security very seriously. I'm in doubt between coldcard and Ngrave. Both are not very cheap. Ngrave will be over 500 bucks, which I think is a lot for someone who only manages a 13k portfolio. On the other hand, the value may increase and I want to take 0 risks losing my portfolio
An old desktop or laptop if you have will be enough. The important thing is to download the official wallet of Electrum from its official website because too many clones and fake out there. |
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But I wonder why should someone take his own life just because he lost #2.5 million to gambling an amount equivalent to just about $3k. I can relate to his loss but taking your life is something unimaginable and unjustifiable to do. It's because what circles to his mind when he's lost that amount of money. Is that money really his or it's just a money from another person and he gambled it with the thought that he might grow it but then ended up losing it all. We don't know what's exact on the mind of these people when they seem to be hopeless because of their actions. No matter the regrets suicide isn't an option to be taking as a solution , you are only leaving bigger pains behind for your loved ones.
[...]
Question: Is there any amount lost that can make you commit suicide?
[...]
It's never been an option and no matter how big the problem is, gambling related or not, don't ever think of it. And now the question of what amount lost can make someone (not me) do it? I think that's a disturbing question and prefer not to answer. |
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Does the type of game you play at a casino or sports you bet on show an individual's level of intelligence or how smart a person is?
Blackjack, Poker, slots, roulette, baccarat, sports betting, horse racing, betting on sociopolitical events, keno, etc.
I don't think that there's an intelligence intervention between all of those games. Many of them are luck based so, you just have to bet based on your decision and there's no integration of it with based on someone's intelligence. If you're a gambler and you think that you're highly intelligent, it won't make you feel that you're wise just because you're winning with any of those games. And with those games like sports betting and poker, someone can make himself feel the validation that he/she might be intelligent because of the analysis and strategies that they might do. Well, on that case, it's all on you guys but IMO, there's really no association with it from it. Much better to think that the experience is helping you out with those strategies and decisions that you'll do. |
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IMHO, there's not that much difference at all whether they chase Binance or CZ since he's part of the company, owner of it when all of the acts had done. But then, I am not a lawyer, I am not the government so let it all be to them.
I asked that because, from my little understanding of business law, there's something called "the entity concept". This means that the person/people who own the company are different entities from the company. Elon Musk might have a charge against him but none of his companies would be in court. Likewise, his company might have a court case, but it doesn't mean he's the person standing trial. I may be wrong, but if Binance was committing fraud and the company was involved in it, then the whole company would be sued or at least the board that was involved, but if CZ alone was committing fraud, either through Binance or other means and the company was not involved then he'll be sued alone. The company won't be going to court, but it's still bad news for the company because it taints their image. I think that you are right with that because with my understanding as well, either Binance or CZ have been on the track and eyes of the regulators. But since then the bail has been made, it was for Binance so, the company is already safe at all. Now that the litigation goes to CZ and it was for the admission of fraud that has been done during his leadership. I guess on how the company bailed out, he can also do it on his case. Otherwise, people are thinking about the same fate or close to SBF. |
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I guess that $4B settles everything and CZ won't be ending up behind the bars. Although we're not defending him as he admitted that he committed that he's part of the money laundering based on what I've read about this case.
The thing about these charges is that they may sound different than it actually is. He pleaded guilty to breaking the Money Laundering Act, it may not necessarily mean he did money laundering. He could have broken a law or two. Regulators want to make an example of him, they said that themselves. And that thought of mine was wrong. I thought that everything was settle with that money but it's not at least for CZ, for Binance it is. All of these money are going to the government and we might see a lot of continuation of this case against CZ now since the attention is already gone for Binance. IMHO, there's not that much difference at all whether they chase Binance or CZ since he's part of the company, owner of it when all of the acts had done. But then, I am not a lawyer, I am not the government so let it all be to them. |
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Even if a person wanted to gamble a little bit I doubt they will have the chance, as not only the amount of money that is spent during the holidays is higher due to all the gifts that need to be bought, but also there are a lot of things to do, so it is not as if we have a lot of free time we can dedicate to gambling, even if the bonuses some casinos may give away during the holidays can be very attractive and they may entice some to try to make some time to gamble.
Depends on what you do this holiday season. If you're a single guy and don't have a lot of things to do and you barely go with your relatives then you can dedicate that much to gambling this time. As for me, I don't have that much time and budget to allot in gambling this season. It's about the time that we should give to anyone that we have at most times, in good and bad times. It's not just all about the money but why not if someone's going to gift me money and tells that I can do anything with it. I'll get a portion of it and will bet on it in basketball and dota 2.  |
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If the person have experienced much with gambling and he'd always ending up with losses, he had enough already and much better to have a wiser choice to retire.
But again, we go back to what you've said and combined the two of it. Anyone is free to retire whenever they think there's a valid reason and the same goes for continuing and there's no retirement age on it as long he can avail to take losses.
Actually there are still quite a lot of other alternatives that they can choose to enjoy their old age, especially if gambling activities only interfere with their lives in the sense of experiencing financial problems due to defeats that always dominate, if you are in such conditions then obviously there is no other choice but to retire and look for other activities that are also fun but not risky. Yes, that's right, it's really just a matter of choice, basically it's about whether they can bear the risk or not, if they can then please continue anyway you also feel all the good and bad effects. It's certain that there are a lot of other things that they can do with their age and money but if gambling is one thing that makes them happy, you just can't take away on them. Too many choices for them as they get older and that makes us also think of what fate we're going to have when we get older and if we're going to retire or not. But I guess only time will tell when come to that point of our lives. |
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Why a web wallet? Because you don't need to download any app for you to use them? If that's one reason, they also have their own mobile apps that their users can download. As you've mentioned blockchain.com's wallet, listen to us, any web wallet is not recommended because you don't own the private keys there. For your reference, Choose your Bitcoin wallet from this list made by bitcoin.org. |
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Those parents or people that sees their relatives, children or family members as their immediate retirement plans are part of the sandwich generation. It's hard to change that idea when you're too old enough and don't have opportunities anymore or they're limited.
But as part of the new generation, you have to break the cycle from your family and it should start from you. I agree about not to be showy that you've got a lot of family.
You're always there as a support but don't be there at all times even with nonsense asking of financial need because that burden will be entrusted to you forever even you have your own family.
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As you have on your title, Bitcoin is known for having unstable price and that's what we call volatility. This is a main feature of bitcoin that's not going to go away.
So, if you are concerned that you want to buy and it won't be affected by the volatility you better go ahead and use stable coins for it so it can save and retain the current market value of the Bitcoin that you've bought.
But this is hassle if you're going to do everytime you think that the market is falling. Just take it and you'll love Bitcoin's volatility.
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Hi guys. Someone will explain to me why gamblers have such a strange logic: if a gambler has received a huge multiplier, then he will not withdraw this money. And he will continue to play, saying, "if I'm so lucky, I'll be lucky again now."
But according to the laws of mathematics, the chance of such luck becomes much less, doesn't it?
There's no need for any logic with it, that's it. The gambler believes that he's going to be lucky again and the term gambling itself is what can be your reference on it. That's the reason why it's not going to work even if you're going to apply some magical logic on them about math and numbers. Gamblers don't care that much about these percentages and rates from the potential chance of being lucky. What we do care about is the present that we have and if we're winning, we think that it's going to last within the day. |
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If you have social media accounts, it is best offer that there for your very first customers. Since you will be asking clients to pay you bitcoin, they'd know (social media friends) that you are in Bitcoin, of course.
Aside from them, some catalogues or signs that you offer posted outside your house for your neighborhood customers. I think these shpuld be the range first of your very first customers.
However, what can you say about potential wrench/physical attacks?
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Gambling knows no age, both young and old, if they still have healthy health and stable finances then everyone can gamble at any time. So there is no ideal number for retiring from gambling, especially if they still have a healthy memory and gambling is still entertainment for them, of course retirement is not an option.
And most of the people when they get older, they've got more freedom and more money and that's true which gives no boundary that anyone can still gamble at an old age. But this depends on the person too. There are also some of those who are old and have grandchildren, sometimes they want to spend their old age with their family, so retiring from gambling is the wisest choice. To be honest, in my area, parents very rarely gamble openly, this is because they feel ashamed that they are still gambling at their old age. This is also influenced by the culture where parents gambling is a disgrace to the family.
If the person have experienced much with gambling and he'd always ending up with losses, he had enough already and much better to have a wiser choice to retire. But again, we go back to what you've said and combined the two of it. Anyone is free to retire whenever they think there's a valid reason and the same goes for continuing and there's no retirement age on it as long he can avail to take losses. |
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Regardless of the season, these scams will always be there. No matter how many of us direct newbies to the light, they will continue to exist.
A continuous drive of campaign and information that gives warning to the new and even the older ones must be done. We can start with our relatives and friends then online friends and so on.
I have my friends again approached me this December asking for specifics about the crypto market and investing on it, and the reason for that, they don't wanna get scammed.
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That's actually right @OP. Before investing and venturing into cryptocurrencies, you have to know what you are up to. You need to know the answer to yourself, why are you buying and why you are investing or holding.
Because if you're just like buying because your friend, your mom, your brother or whoever inspires you to do so without explanation, you're not understanding what you're buying. You're going to lose money easily my friend.
That's why the basic in all investing techniques and tips that you're hear not just from the forum members but also in other platforms is to start with basic understanding of what you're investing like in Bitcoin. Even it's known to be the best cryptocurrency, you have to understand why it has become one.
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Tell to a politician that you're going to donate them money in the form of bitcoin and you'll see who really cares. Those that actually cares will want to know how it's possible to cash it out.
And those that are into it already will be happy and more encouraged to do public service as that's they're functioned to do.
Well, in El Salvador, surely many of them does.
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I'm curious and would like to ask gamblers who have established a decent bankroll and bet only a certain percentage on their wagers: How has it been going for you? Are you currently in profit, or not yet?
Let's consider a scenario where you have a total bankroll of $2,000 dedicated to a specific league.
If you are in profit and your win rate is 60%, how much have you made (net profit) so far?
Is that scenario an actual one that you're dealing with now OP? Because if so, that's actually a decent amount already that you've gained from that bankroll of yours. And being with that winning rate is already a good number because it's even more than the half of the percentage and typically sportsbettors don't get into that percent. Doing the Math is easy about the net profit but that chance and success rate of your wins is no contest, hands up - good. |
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But they're making money from the forum?
Not anymore. The banner ads have been stopped for a very long time ago and that's how the forum makes money for funding the continuous run of the domain and server (CMIIW). The collected funds from the advertisers before with the auctioned banner ads is where they're getting all the funds for the expenses that they're going to use to make the forum keep running. |
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