And it happens every years and many people are not aware of this ongoing in the crypto space
This isn't true, BTC halving doesn't happen every year, to calculate it better you have to use mined blocks and so the block reward gets halved after 210,000 mined blocks. I would not tell people to 'prepare' for BTC halving, it can make them to become desperate or invest for the wrong reason, take note that BTC isn't a get rich quick thing. I will recommend that people buy BTC because they believe in it and know what they are getting into, for example buying with dca years before the halving is a more orgaic approach and with lower risks. I have to agree with this. Bitcoin halving does not mean that bitcoin price will rise immediately and that people will expect a get-rich-quick that time. No, it will still take months before the price will create a significant effect. However at some point, bitcoin halving only create a very small price increase, the reason why we should not be overwhelmed about it. Instead, we should invest through DCAing because it has the biggest potentials to succeed in the future, and not because bitcoin halving is nearly approaching that everyone will expect to get massive profits. We'd all like to believe that after the halving, the price of bitcoin will rocket upwards. Doesn't that sound like a certain method to amass wealth quickly? However, you are correct. Bitcoin is not constructed with pixie dust. Waiting for a slow cooker dinner to complete cooking after being cut in half is akin to hunger. The market usually doesn't react dramatically or immediately to a mining reward drop of 50%. Making a delicious stew only requires a steady boil DCA is a brilliant plan. It's the same as when you're cooking and you add things little by little, stir, and wait for the flavour to come together. This strategy isn't really novel, but it has proven effective in the past. And don't forget that you can use Bitcoin for more than just making money. It's a radical shift. |
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Yes, bro, I get what you mean. The strength of Bitcoin cannot be denied. When it comes to crypto, it is far and away the best option. Ethereum, Polygon, BNB, and others are clearly pursuing their own strategies, but they lag far behind Bitcoin's. Why wouldn't they? Bitcoin is well-known, has proven itself, and carries weight.
That cryptocurrencies don't provide much of a boost is something I can relate to. However, it's important to remember that not all objects develop in the same way or at the same rate. Furthermore, cost should not always be considered primary. It's all about the tech, the plan, and the crew.
But who am I to dissuade you if Bitcoin is what you truly desire? Have no fear, keep HODLing!
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Then there are people who believe it's too late for them to invest in Bitcoin. They feel they should have invested when 1BTC/$1k.
They fail to understand that there is no limit to how high Bitcoin can get to. It's was over $60k a couple of years ago, I bet there are people who felt it's too late for them, now it's about $30k. A time might come when it would be $100k and even then it won't be too late. It's never too late.
There's no such a thing as too late when it comes to Bitcoin. Feeling it's too late will only make you miss out on more opportunities that you would have taken advantage of.
Not too late but can't deny that we can compare those who buy Bitcoin when the price is just $100, $1,000, and then say, why I'd never know Bitcoin before. I understand how it appears in their mind but considering the fact that we still have the chance, our opportunity to earn is equal because we know that those who buy Bitcoin 10 years ago had already sold their Bitcoin which means that we are buying together now and tomorrow. Therefore, our chances are the same, well, it only differs on the amount we invested and how we manage it. Bitcoin is a long-term investment, not a "get rich quick" scheme. Yes, its painful to consider those who got rich before everyone else. Of course, it's too late to change the past now. All we can do is take a big breath, square our shoulders, and make the most of the situation. This is really crypto-savvy, not just marketing jargon. Bitcoin is still here and going strong despite widespread scepticism. We're not dealing with a penny stock here. Plenty of Bitcoins exist for everyone to use. Besides, who knows? Perhaps future generations will be envious of us. Consider the implications! |
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Since you have been related to this Bitcoin for so long and have good knowledge about Bitcoin. Maybe you didn't have that much idea when you were first introduced to Bitcoin in your life. But now you have been able to analyze and research different aspects of Bitcoin so that you are successful today. Maybe your friend insulted you but he didn't know the positives of Bitcoin and only thought about the negatives. It's admirable that you've changed your life today through the medium of Bitcoin. Of course Bitcoin can change people's lives. We believe that if you invested five years ago, you must have made a good profit. And from that profit your house car is completed which your friend is surprised to see and he is interested to know about Bitcoin. If your foreign friend wants to learn more about Bitcoin from you after seeing this change, you should definitely help. Because he realizes his past mistakes, maybe he wants to know about Bitcoin and invest in you. But I've never had a friend or relative slander me and I've had a lot of people interested in learning as much as I know about Bitcoin.
Your experience has inspired me. It explains why Bitcoin is worth believing in even when it looks like nothing is working in its favour. Before its widespread adoption, many viewed the Internet as a transitory phenomenon. Take stock of the situation, okay? Your friend, like many others, was too quick to pass judgement and make fun of you. Is it not simple to be frightened by that which you cannot fathom? However, the incredible reality is that Bitcoin has the potential to initiate an economic transformation that is currently happening before our own eyes. What changed his mind? Fantastic! Instruct him on Bitcoin, but tell him he wont get rich overnight by using it. This is a long-term commitment that necessitates bravery, forethought, and perseverance. The climb may not always be smooth, but the reward is well worth the effort. |
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If there are several BTC in the main wallet create two options, First, create one trading account and one investment account. in daily, if you are familiar with trading market, activate it and do it, and if you already have a profit save it in USDT and when purchase if price is appropriate then you buy it back and save your profits to an investment account. Do it regularly and relax I'm sure little by little the estimated value of your assets will increase.
I like with this ideas for investing in Bitcoin, I don't have plan with long term holding exactly with bitcoin because short term investment looks profitable and consistent earn profit in daily day based on Bitcoin can up and down above few percent. Buy back Bitcoin when price drop and few hours later sell if bitcoin up to higher price and convert my fund to stable coins between USDT or BUSD. Its seems excited than long term holding although has chance with bigger profitable but some time Bitcoin possibility back to lower price and good chance to buy back. I don't forbid for long term holding but when bitcoin have good progress with up and down every day has chance to earn profit consistent in short time. Few people are as skilled as you in taking advantage of short-term price fluctuations through trading. Adrenaline rushes are highly pleasurable and can become habit forming. Amazing things happen when things go your way. However, its important to note that this approach is not for the faint of heart. The constant ups and downs of prices can give people the willies. Constantly having to think on your feet and make snap decisions can be exhausting. For this reason, "HODLing" is the strategy most people choose. Its like tending a tree: it takes time and effort to see it flourish. Yes, short-term price fluctuations are less important, but long-term growth can be rather large. But, do what you have do. Go for it if you are confident in your abilities and the risks involved. |
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Hello I am looking to invest my 20,000 dollars for retirement but I don't know the best crypto for me to put into to save myself from inflation. I'm 64 years old and don't have the time to learn the ins and outs of this crypto stuff so if anyone can give me advice I would appreciate it.
You can contact me through the forum or via email I appreciate the help
I would recommend you to invest half of your money into Bitcoin but before investing into it you should learn more about Bitcoin investment and how one can securely buy and hold his/her coins without any problems. I have seen many people who invested in Bitcoin without any proper knowledge about Bitcoin wallets or I must say cold wallets, and in the process those people had to face huge losses because of their own inpatient nature. If you truly want to have a better investment for your future then you should go with Bitcoin only, and never ever invest in a alternative coin if you want to be on the safe side. As a simple rule, you must first get yourself educated about Bitcoin investment so that you may never face any hard times like those people who invested in it without properly getting educated about it. I recommend you to learn about Bitcoin wallets, and also about private keys, seed phrases, and finally about the steps to secure your wallet from any known vulnerabilities of operating system software or human error. In order to do that you must have to begin with a very low amount of investment just for learning the wallets and all those other things. I recommend you to begin with just $10 investment for the sake of learning and mastering those software based wallets, and other functions of a Bitcoin wallet like privacy of your private key and seed phrase so that no malicious person can ever be able to transfer the funds from your wallet to their own wallets. Knowledge about Bitcoin investment is a necessary thing and that's why you must learn about it properly and once you are sure that you have enough knowledge about Bitcoin and the wallets then and only then you should invest your money in Bitcoin and secure your asset in a cold wallet. A cold wallet is simply a software wallet that isn't connected to internet. You should learn those things first, and I hope that your investment will give you better rewards in future. Best of luck. In all things, safety must come first. The loss might be devastating if your private keys or seed phrases were leaked. This is the equivalent of putting your house keys under the doormat and expecting nothing to happen. Here's where I might disagree with you though: while Bitcoin is undeniably a robust alternative, I feel we should be careful about adopting a one-coin strategy. Although it could pay off, putting all your eggs in one basket is risky business. Because of the sheer size and fluidity of the crypto space, firm conclusions cannot be made. Any discussion of relying exclusively on Bitcoin causes mental dissonance in me. Although Bitcoin has a track record of providing favourable returns, the cryptocurrency industry is dynamic and several altcoins hold substantial promise. The ability to think critically while remaining open to new ideas is essential. The crypto path includes this tango with ambiguity. |
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Bitcoin is accessible to everyone, and that's an amazing aspect of it. Anyone from any part of the world can access Bitcoin through the internet. That means that anyone can transfer and receive Bitcoin anywhere without any restrictions. It even works in those areas where traditional banking infrastructure is not present.
All those features of Bitcoin made me to fall in love with it. I believe there are millions of lovers of Bitcoin. Kindly share your love for admiration for this amazing invention. Thank you!
Correct. in this case it is exactly what you said and it is one of the many potential Bitcoin characteristics that BTC has with its wide accessibility. But, for some people or individuals whose areas are not yet fully accessible to the internet, Bitcoin accessibility is rather difficult so they cannot access BTC services, for example, making transactions, sending and receiving money quickly. On the other hand, BTC also empowers individuals who do not have access to traditional banking systems. Having easy access to the internet may be both a blessing and a curse in the Bitcoin world. On the one hand, its a miracle for people who cant use traditional banking to finally have their own money. Conversely, people who lack access to reliable internet will find themselves on the outside looking in. Its not only a matter of being online either! Language, transaction fees, and lack of familiarity with blockchain technology also play a role. It is our responsibility to advocate for and promote solutions as passionate supporters. We require more accessible, affordable, and multilingual educational resources. Its really not that different from picking up a new sport, is it? As we train, our skills improve and the material becomes easier to acquire for everyone. Make Bitcoin as simple to use as possible, folks! |
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Its not a matter of personal taste here, whether you're a bull or a bear. Strategy is key. Market bulls? Like massive rock concerts, they feature blaring music, flashing lights, and an enthusiastic crowd. Everybody enjoys watching their money increase, right? Every celebration, though, must come to an end. Many people misunderstand it because of that very point. They follow the herd, are impressed by the bull, and then fail to realise that the trend could quickly reverse.
Conversely, during a bad market, investors may experience "mental dissonance." No one enjoys seeing their investment portfolio lose money, but when prices drop, it might be a good time to buy. Only a seasoned investor would realise this. They have adopted a "buy and hold" strategy. You must take on the role of the chessmaster, not a pawn. Which is preferable? Neither. The ability to adjust to changing circumstances and make sound decisions is crucial. Now you're talking, buddy.
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that is good decision. I think buy bitcoin is always profitable although if you buy at highest price it is only matter of time until you will get the profit. but it is only okay if it is bitcoin, I don't recommend this for altcoin trading. if you just have small amount of money to invest then I suggest you to focus on bitcoin only. altcoin trading is very risky and tricky, some traders use their capital to manipulate the price also they usually very active at night when most of novice traders are sleep and don't have control to their fund which is in form of altcoin. it is important to determine the true price before buy altcoin so you will always have a good position, that is just a little bit of my advice for you if you have big capital to start altcoin trading in the future, just in case. for now I think it will be better if you buy bitcoin only.
Bitcoin is the crypto industry's granddaddy and has stood the test of time. Still, I have to admit some scepticism. Bitcoin has been around longer and has a better reputation, but that doesnt imply its always the best investment option. Ethereum's meteoric surge is only one example; other surprise winners include BNB and DOT. Not to discount Bitcoin's usefulness; nonetheless, if you want to take a scholarly approach to crypto investing, you need learn about the underlying technologies and possible applications of each coin. The results of such an analysis may indicate winners in markets other than Bitcoin. The potential for profit in altcoin trading is enormous. There is danger, but there is also the possibility of enormous rewards. This, of course, calls for greater insight and more hands-on portfolio management. Learning how to trade in altcoins could be a fun challenge if you've caught the crypto bug. |
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Bitcoin has made great accomplishments, but it can always do more. Even if we live in an age where knowledge is just a Google search away, there is still value in a more formal education. In fact, introducing Bitcoin to young people may pique their interest and pave the way for the next generation of blockchain engineers, cryptocurrency traders, and financial technology entrepreneurs. Not only are we educating students about Bitcoin, but also about digital privacy, decentralisation, and cybersecurity in the process. Bitcoin has established itself as a currency of the modern digital age, but there's no harm in giving it a little more TLC to help it flourish.
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In reality, the more grown up person is, the more he is exposed to get addicted by gambling. Young people havent seen much in their life, they have more temptation to do this and that. Aged people, imho prefer not to try something new or chance something in their life. So it is easier for them to get into routine for doing something over and over again. One of the things they do is gambling. And of course there is a chance that they have earned more than younger people, which makes they might lose more. That is why I think that for grown ups are harder to resist gambling and if they did not build a proper disciplined character from childhood, it is hard for them to discipline themselves. Regards finding someone to trust your finances - that is also some kind of a gambling  Why I think that trusting finances is the key to stay safe and less gamble - when two persons manage finances, the probability of making wrong decision, loosing everything is decreased. Not two times. But next time you want to go all-in or spend lots of money, first you have to convince yourself for such expense (might not be hard), but also convince the other person to give you money I completely agree with you because it is a vicious cycle for older people to keep gaming. Its like being so engrossed in a TV show that you can't wait to see what happens next. However, I believe that one's behaviors are more important than one's age. If they aren't careful, people of any age can develop negative routines. Having a second set of eyes on your finances is a good idea, and I agree with you that it's a good idea in theory. Sort of like working together in a video game. You have support, but you must also have faith that they won't make matters worse. Keep in mind that this is your own money that you worked hard for. |
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Gambling is a game that has an addictive effect. Most people who have joined gambling sites will find it difficult to get out of the gambling circle. It doesn't matter how much you lose at gambling, as long as we still have money, we will continue to gamble
Can you share your first experience playing gambling? and who told you about gambling sites?
The same goes well for the other people who do not get well in the first game. They say that there's beginner's luck this serves as an instant win that it will courage you to play more gambling, but its not as always happen. instead get more losses, and in your mind could be you want to play more just to get back all of your losses or else want to quit and accept the fact that you lose all of your money but again at the end of the day its all depends on the players perspective and number of asset for their satisfaction and entertainment. If you are just mid-level person have an extra money to play and get entertained and does not have a good cashflow I guess ideal to manage still but if your not and part of the average people ideal to make you fun until you get satisfied. The first victory, or "beginner's luck," might bolster our egos and lead us astray. Its a mystical elixir that makes us feel like we can defy the odds, yet gambling is a game of chance, not talent. It can be a welcome diversion if you're just an average person with some spare income, but be careful not to let it spiral out of control. Do you long for the days when playing games didnt mean parting with your hard-earned money? Keep that energy going strong is our goal. The trick is to enjoy the game without going overboard, to know when to play and when to stop. Knowledge is worth its weight in gold because it prevents regret. |
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Honestly, I didn't think and never thought that there were really people who were successful at gambling. If they are gamblers then I don't think they will stand a chance of being successful in it. Gambling was created only as a place to have fun when someone is feeling something that makes them feel stressed or bored. If someone succeeds in getting success in gambling then in my opinion that person is a bookie in gambling itself, the logic is how can you be successful if you only rely on luck because you will only win if luck comes. So I think stop assuming that someone can get success in gambling, because that will only torture someone psychologically when gambling. Indirectly, this statement will pressure a person's personality when they are gambling so that they always expect a win without them realizing that they have experienced so many losses. Betting was never meant to be a means of generating income. Whether you call it a system or a game, the house will always win. If it were simple to turn a profit, wouldn't everyone already be a multimillionaire? That is not the how it operates, though. It's a fairytale sold by the casinos and shown in Hollywood that you can win big at the slots. Try not to believe it. The ostentatiousness is only a show. It's a machine underneath, designed to make money off of our aspirations. Those are some pretty sage comments there, mate. In other words, let's not get our hopes up too high. Because, let's face it, nobody enjoys the bitter aftertaste of disillusionment. |
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It's difficult to self-regulate from discipline because gamblers probably won't think about being disciplined with time, in fact many gamblers forget the time when playing gambling, so I don't think that alarm clocks can help us fully when we have to start gambling and when to stop gambling , it all has to be from our own self-awareness to regulate emotions from the heart so that we can control everything. I think the most effective way is to limit the budget so that it is not too wasteful and waste money on unnecessary gambling, when the budget money runs out always remember that gambling wisely and always consistent with the limits that have been set because with that it can help us be more disciplined during be lived consistently and this is a healthy pattern of gambling. Gotta agree on the discipline part, mate. No app or reminder can substitute our inner self-control. We cant just rely on alarms to make us stop, can we? Alarms might just become an annoying buzz in the background while we're too busy rolling the dice or spinning the roulette. We might even start resenting these ticking clocks for being an unnecessary distraction! Our brains can be our best friend or our worst enemy in this situation. A bit of a sad fact, but true. Its more about building that internal mental firewall that says "No, it's time to stop." Budgeting is indeed key, pal. If you see gambling as entertainment, treat it like you would a movie or a dinner date. Set aside a certain amount of money and dont spend more than you can afford to lose. Then you'll be able to enjoy the ride without the morning-after regret! |
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However, I see the need to add a more criterion. The ability to establish and maintain reasonable gaming limits is indicative of lack of gambling addiction. As in, "Hey, I'm only gonna bet 50 bucks this week," and then, win or lose, you stop betting after that amount is gone. That's some significant self-control, and it shows that you're not letting gambling consume you.
Amazingly, some people seem to be able to straddle the fine line between enjoying themselves and becoming addicted without falling off. Not an easy feat, but highly commendable!
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on the one hand, we are always reminded by other people, even the casino gives a warning that gambling responsibly prevents someone from chasing defeat. but nevertheless it is human nature that a sacrificial defeat will certainly make regret afterwards emotional and uncontrollable.
what's worse, if someone who can't control himself will become more addicted and become more crazy losing everything he has.
Greedy human nature that each of us must control so that we don't chase losses or even chase wins. But most people will try to chase losses because we are not used to seeing defeat after gambling so we keep gambling and recovering losses. And it's true what you say that a person cannot control himself when he experiences a loss because his emotions will peak and the desire to recover the loss will increase. When that couldn't be controlled, it was only a matter of time before he saw that person suffer a total loss. Everyone here is merely human, with feelings and impulses just like everyone else's. Because the pain of loss is magnified double compared to the pleasure of gain, loss aversion is innate. The battle isnt over after you put down your phone or computer; its happening in your head. But here's an interesting idea to think about. Im wondering if you're familiar with the term "Emotional Intelligence." The key is learning to identify and control one's own feelings as well as those of others. Physical fitness may be improved, and so can mental fitness. Maintain a state of receptive awareness; meditate. Your responses to heartbreak will change as time goes on. Also helpful is keeping a trade journal. Keep a record of your accomplishments and failures alike. Never give up the battle, mate! |
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Online casinos with a valid license are almost as real life casinos with same rules regarding the age restrictions. Most of casinos require 21 Years Old age to be able for an individual to start betting or gambling. While some casinos allows you from 18 YO.
I think it’s logical and scientific proven that a person starts taking responsibility and thinking straight about his own decisions to know well he is gambling and understand the risks of his actions. That’s why all legit and certified casinos ask for your documents and KYC process
In my country you are a full adult at the age of 18, you can gamble, but strong alcohol, take out loans and buy a house. When I think back at my 18th birthday and how excited I was to visit a casino, I am not so sure if that age was enough to understand everything money related. Maybe 21 is the safer age so that everybody is developed far enough. These strict age restrictions are also a bit misleading because people develop so differently. There can be someone with 17 acting more mature than someone with 27. What surprises me the most is that politicians want children to vote and drive with 16, which seems counterintuitive because how can you make the right decision in one area and not the other. Politicians shouldn't be cherry picking and make strict laws for all sectors. If we need to protect our children from their own actions, how can they choose our next president? Either the brain is fully developed or not, choosing 18 for all matters seems like a good compromise. When I turned 18, I had a very simplistic worldview and couldn't fathom being responsible for my own finances, let alone casting a vote for a country's leader. It makes me think back to the naive, free-spirited me of my adolescent years. Putting an age limit on something might be deceiving because it makes an assumption about a person's maturity level. However, maturation isnt a linear process whereby, once you turn 18, you're done. You have the mental faculties and maturity to make sound choices now that you're an adult. The age of majority, 18, appears to be more of a social construct than a measure of actual maturity. Is it really right to expect 16-year-olds to make important political choices? There's some animosity because its unfair to expect people who are still trying to figure out life to select their leaders. The ability to complete a task is no guarantee that you are actually prepared to do so. These age-based conventions need to be reconsidered so that we may strike a balance that works for everyone. |
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It takes me back to my younger self, when I felt like I was attracting only bad luck. But hey, thats just the way the game is. You know how some days you feel like the statue and other days like the pigeon? Too much time spent as a statue, it seems. Recognizing when to withdraw is a sensible move. Know when to hold 'em and know when to fold 'em, as the saying goes. A bad losing streak can really put a damper on your gambling experience.
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Of course, gambling is not a source of steady income. Gambling is part of the entertainment industry. I only gamble for fun. But sometimes it happens when I feel like I'm missing the end of the rope. When I feel like I'm in one of those periods, I take a break from everything and then I go back to normal. Gambling can only be a source of steady income for casino owners. It is just a means of entertainment for players like us and we should not expect anything else. Otherwise, we will experience great disappointments and we could lose significant amounts of money.
The very term "gamble" implies some degree of danger, doesn't it? They would likely refer to it as something else, like "work," if it was a reliable means of financial support. The ups and downs you mentioned are an essential self-checking mechanism. Regaining perspective while you're feeling off is a noteworthy skill. The success of casinos is predicated on the aspirations and desperation of gamblers who expect to win big quickly but usually don't. You are absolutely accurate in stating that gambling is meant to be fun and not a means to secure one's financial future. Someone seeking a reliable income should focus on developing a marketable skill or trade. |
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That's incredible! Futures markets for Bitcoin have recently been launched in a number of countries. Honestly, I never would have guessed. The focus currently is on Argentina, but soon the spotlight will shift to Brazil. However, please keep in mind the practicalities of futures trading.
Futures contracts are pacts to buy or sell Bitcoin at a predetermined future time. Where's the catch? You should always follow your promise, regardless of your financial condition. The potential for either enormous gain or catastrophic loss. This has two edges.
Do not misunderstand me, all right? If somebody is going to bring down Bitcoin, it wont be me. While I think this is a fantastic breakthrough (especially for the credibility of Bitcoin), I feel obligated to warn everyone that it also comes with a new level of danger. Thats important to remember. Be safe out there, crypto nerds!
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