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541  Economy / Trading Discussion / Re: The most risky adventure you must avoid on: October 09, 2023, 03:34:40 PM
Yes, it sounds very beautiful and modern “The biggest risk is not taking any risks at all”
You very correctly noted that the risk must be well calculated, otherwise it can lead to large losses and huge losses.
If we are talking about trading, then we will definitely have to deal with risk and there is no escape from it. But I believe that there is a justified risk and a reasonable risk, and there is a stupid and thoughtless one. Thank you
It sounds wrong but it's actually right. One example would be is if we don't take a risk to apply and get a job, we won't have a money that we can use to buy the basic necessities in life. It gives a huge risk in our health. There are risks in most of the things that we want to do but if we will prepare (put some knowledge and skills) there is a huge chance that we can get successful with it. Instead of escaping the risk, it's better to learn how to live with it. Once you grasp things, it's now going to be easy for you and you can even increase your leverage's because sometimes we are looking for that special kind of thrill which risks can only provide.
542  Economy / Speculation / Re: Is there still hope for the price of BTC to hit back $69k this year? on: October 09, 2023, 09:39:20 AM
With this slow move of the price of BTC in this season, I don't think the price will hit back to $69k before the end of this year because the green light is not stable like the way it was stable last two years to reach $69k for both long term investors and short term investors to experience huge amount of money from their investment. Do you believe that there is still hope for investors to experience $69k this year? Because we just have 3 months and some weeks before the end of this year. What is you hope for this current price?
We could say that the best we could hope for during this year, since we only have three months left, would be having some sort of 40k limit to the year. That is still not all that bad and should be considered a lot better. I believe that we are going to end up with something that should be very careful and not really a big deal, it could result with a bigger increases later on if we keep it going, and we need to end up with a result that should point out how we could do much better eventually.

This is why it's quite literally our way of getting out of this low period and go into a better level. I get that it may not be that easy to handle, but we could definitely see it do a lot better if we are careful about it, so we should try to hold as long as possible.
543  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: October 09, 2023, 06:08:55 AM
As it was written earlier, there is a rule point in which it is clearly written that it is not allowed to use the site for money laundering. However, it seems that Freebitcoin is too loyal in this regard, as the site actually has no restrictions for such things. Correct me if I'm wrong, but many other gambling sites freeze funds and require wagering a portion of the deposit to protect themselves from "dirty" money.
I think that Freebitco.in is a bit user friendly in here but most of the people who deposit money in the site use them in the site,they buy FUN tokens or wager some money and that is why Freebitco.in so far is a bit careless in this regard.

I also suggest that they put some wagering requirements in place in order to better protect themselves from the possibility of money laundering through this site,however that would not change anything as people with patience can still do that,they can buy FUN tokens and sell them later for a much higher price then withdraw the money.
Wagering requirements would be fine as long as it is not a huge amount, not all of us could gamble a lot of money, something as small as maybe 100 dollars would be fine, anything more than that and it becomes something of an issue. However, if you are a person who wants to launder money, you would be willing to risk that much as well, it is not even "losing" 100 dollars, it is just wagering it, they could just find a way to limit the losses they could have as well.

So when you look at it, the options there would be either making the people who are fairly using this place be upset that it is too high, or make it low enough that money laundering people do not even care about it. There is no win in that regard and would not work at all. I suggest keeping it like this and just checking people who deposit a ton of money, that would mean if someone deposits a ton and wants to withdraw without doing anything at all, like withdraw instantly, that could be a red flag to check out and they could see who tries to do that.
544  Alternate cryptocurrencies / Altcoin Discussion / Re: How has a crypto payment gateway impacted your business growth? on: October 08, 2023, 08:20:14 PM
Not really.

People still don't realize about (crypto) we are still in the small-step. The only people who are using crypto-payment are only from crypto-user meanwhile most of reguler user still using app-payment / bank transfer.

Some of the place who are accept crypto, closed the payment due not so much activity transfer in my country.
I do agree that we are going to end up with a lot more, but also we have to agree that it has been more than it used to be as well. This means that if you start accepting bitcoin as payment, it could definitely help you out a lot. I have to say it is not going to be all that easy to handle, but we are going to end up with something that will benefit us all that badly, and we should be focusing on how we could improve one way or another.

Maybe it can't be that quickly, maybe it won't be like the first day you do it there will be something that will be a huge amount, but at the very end we are going to be seeing a lot of growth day by day all the time as long as we do the marketing properly. That is why it is quite important to give it some time.
545  Economy / Economics / Re: Women are more economical than men. on: October 08, 2023, 04:48:22 PM
I think that you are thinking about the typical stereotype of the occidental woman full of bags and expensive accessories, but I hope this is the exception and not the rule. IMO, in general, in the world men are more frugal than women (they bet more, they drink more, they go whores more often, they value more expensive motorbikes/cars/yatches...), while women think more about the future, the care of children, etc.

On the other hand, I don't think that we are taking this topic as a competition, but simply as a curiosity. You are right that more subjectively than objectively because most of us are giving our opinion rather than scientifically obtained data, but I think that it is valuable to some extent.
I am not entirely sure that's true, the type of men you are talking about is rarer than you think, I believe that men are far more frugal but also this is just pitting to genders against each other and would not win anyone anything if we keep this up.

I think it would be smarter to handle it a bit more professionally and the best way to do that would be making sure that you are doing fine. I know that individually we are different from each other, so try to be frugal and try to find someone else that is frugal and be happy.

If you can do that , then we are going to end up with saving a lot of money, investing in good assets and the result would be nice. Unfortunately not a lot of people do that and the results are usually not that great. This is why the best thing to do is care about your own individual situation and you will be doing a lot better on the long run that way. I hope that it could get to a point where it is only based on you, and not anyone else.
546  Bitcoin / Bitcoin Discussion / Re: Craig "Faketoshi" Wright saga continues. His team turns against him. on: October 08, 2023, 09:11:19 AM
No idea if anyone is still interested in the adventures of our good friend, Dr Craig Wright, who, for those who got into Bitcoin recently, claims to be the real Satoshi Nakamoto, but I'm glad to hear that his biggest backer, Calvin Ayre, finally lost a fate and is turning his back on him.
Not really shocking considering how long could someone stay with a person who claims to be someone they are not? I mean at first you may try to help him, hell at first you may even believe him, but slowly you will realize that this is going to a point where he might literally hurt himself trying to prove to the world that he is someone who he is not and that is going to end up being a bigger trouble.

I believe that he should be doing something else, give his time to something that will benefit the world, and he could even start a charity at this point. That way, people who still trust him and believes in his cause could donate to him, and he will spend his time helping someone, which would rebuild his entire reputation as well. It's really a smart move.
547  Economy / Gambling discussion / Re: FIFA World Cup 2026 :Canada/Mexico/United States: Discussion Thread on: October 08, 2023, 06:49:04 AM
2026 is still three years away. Do you believe that Messi would still be motivated to take part in the next world cup? He has achieved whatever he wanted to achieve in football. So why should he carry on playing anymore? Lionel Scaloni may want him in the squad, but even if he includes him a lot of questions will be asked. Another factor that may impact his participation is the fact that Messi no longer plays in one of the stronger leagues. At this point he represents Inter Miami, in Major League Soccer (MLS).
Will where he plays really influence the Argentine coach's decision to call him or not? I think not because Scaloni probably saw something else when calling him up but the question remains does Messi still want to play for Argentina? I was quite doubtful about that because he didn't look like a person who was very ambitious about setting records and so on, so when he didn't play in the next world cup it wasn't because he wasn't called up by the Argentine coach but because he chose to completely retire from the national team of his country, regarding all the achievements he has achieved while Ronaldo may still hope to play in the world cup to get it.
It doesn't have to be one that he wants to win, he already won one, he could just go to have fun, and doesn't matter that he may end up losing as well. This doesn't mean that he won't try to win, it just means that even if he tries to win but loses then it won't hurt as badly because he already got one, that's a very very important difference.

We know that Messi "may" end up playing, he will be about 38 or so when world cup happens in 2026, which is not all that bad and could be played, depends on if he wants to of course, but also it means that we are going to see him not be his best self anymore. I am sensing that the best thing for him would be to give t a chance and just avoid it if he feels like he should.

Plus, the better way would be making sure that he plays limited minutes, it allows the team to have him on the side and be a morale source that Messi is still there, but also limit his minutes to make sure that he doesn't get too tired because of his age.
548  Economy / Speculation / Re: Share your opinion on the market. on: October 07, 2023, 08:34:01 PM
BTC's current price target is positive but its movement is slow. It seems that the market will turn bullish anytime it gets a positive signal. But it has to wait for some more time to get that positive signal. If we get the expected ETF approval on 17th of this month, then there may be high bullish momentum but that is depend on the result. Moreover, we are almost at the end of this year and we can already see a bullish movement of BTC based on the upcoming halving. The chart you show makes a prediction though it is older but with current condition it is logical. The market is currently at around 27500 where we can see BTC move a little further to the upside. The market may rich between $29000  to $30000 in these days.
That is fine, taking it's time is the way to go and should be something that would benefit everyone for the long term. I believe that the best thing we could do at this point would be making sure that it's not going to end up with a result that should hurt everyone on the long term.

It is smart to take our time to grow because it allows us to make a bigger and better increase, if we rush an increase then it would not be smart since we would run out of money quickly and other people wouldn't have time to help us out, but when you are doing it slowly that means you will not run out of money quickly and since it takes time during the same period people would be able to make investments and catch up with you and take it even higher.
549  Economy / Speculation / Re: Does bitcoin price increase after halving? on: October 07, 2023, 05:48:10 PM
Well we have no idea why he asked the question. But it may be he or she wants to find courage to buy or hodl based on our replies.

AT op "the past is just a good by"
comes from this song below

https://www.youtube.com/watch?v=dQOaUnSmJr8


If you invested and are hodling right now at an underwater price.

the question is can you afford to lose every Penney of it? if yes than hodl it till it goes up.

If you can not afford every Penney of it to be lost how much  of it can you lose?

Keep what you can lose and sell the rest.


If you have not a single penny's worth right now figure out what you can lose.

say 3000 usd.  buy 1000 of btc right now and dca 200 a month for 10 months in a row..  Once the 10 months are up report back to this thread and tell us how you feel about spending that money.

BTW this is not advice but it is simply what I would do if I had an interest in btc. good luck whatever you choose to do.
That is EXACTLY what I do. I bought and keep on buying, do not have a lot to be fair because I had to pay some hospital bills, but I am still buying, restarted again, and I think it's important to realize that as long as you can hold it and not be crashed if it goes to zero, then you should keep holding as long as possible.

I am not even planning on selling at the next peak, it can peak as high as possible and then crash, just like how it did during 2017 to 2018 or 2021 to 2022, and I will still hold it. I am planning on holding it for at least a few more halvings, probably over a decade.

Only thing that could make me sell, would be some life hardship that requires money, and that is not selling because I want to get out of the market, that is selling because I have to pay for some stuff. I believe that we need to arrange it in a way that would be a lot smarter to handle, should not be all that weird. I know that arranging these type of stuff could be a bit harder, but it is definitely smarter as well.
550  Economy / Speculation / Re: Why Is Bitcoin Price Increasing? on: October 07, 2023, 05:35:22 AM
This is a system of Bitcoin. The Bitcoin prices go up and down, that is not a unique thing. This is the best time to sell Bitcoin and when it will go down so buy Bitcoin. This is the system of Bitcoin and cryptocurrencies.

Anyway, Bitcoin prices are like a peak of mountains. Let's see that Bitcoin price goes down in October or not.  Lips sealed
I would consider this the worst decision or advice this year.  we are 2 years into bear season and it is almost over and there is no reason for us to sell our bitcoins now.  moreover, what do you rely on to be confident that bitcoin will fall again to buy bitcoin?  if you sell it now and the price doesn't decrease but continues to rise, what will you do? Would you sell bitcoin for $27k and buy it for $30k?

Yes, no one can predict what prices will be like in October, but there's also nothing to say prices will drop.  the idea of selling now is a bad idea if you are only selling out of fear and not because you need the money for an emergency.
That is true, I mean not him you. This is by far the worst advice and the price will only go up, we are getting closer to halving as well so it should be important. I get that it may not be all that simple but we should try out best to make sure that we are holding. It will end up with us making as much profit as we possibly could and that is only done by holding as long as possible.

This is why selling right now is a terrible advice and nobody should listen to it, it doesn't make sense at all. I get that we are going to end up with something that will hurt on the long run, but it is not going to be easy to make a gigantic profit, so the waiting period could be hurting some people but it should not be all that important at all.
551  Economy / Gambling discussion / Re: How do you manage greed to place your bet on: October 06, 2023, 06:09:20 AM
Emotion is the only thing to manage when it comes to gambling and trading. Greediness is part of the emotion we pour into gambling. If we cannot control ourselves we might lose depending on how much we have invested in.
The key to dealing with all of this is to limit the gambling budget, because if we consistently limit the budget even when we lose and the money runs out we will automatically stop without having to make another deposit, emotions and greed will not cover our feelings when we lose, as long as we consistently limit our gambling budget so that can be an alarm for us when to stop gambling.

I even do that often and it's true that I'm not affected by increasing my bets because I've already reached my daily gambling budget limit. so I have to stop gambling and come back tomorrow to gamble again, if we are consistent with this habit it is guaranteed that it will not become an addiction too, in the end gamble wisely and responsibly. Everything must be managed properly, the point is to limit the budget.
That's the most important thing without a doubt. I know that there are a lot of people who do not approach it with that much care but those will be the people who will end up losing a lot of money as well. I personally believe that the best part about limiting your budget is that it allows you to gamble care free.

Well, simply put you can gamble however you want, if your money is gone then it's gone and it's limited so you knew that you are going to lose that money, how and when doesn't matter because that was always the point, you allowed that money to be lost from the start and that's how you are going to end up getting more fun. This means that you are going to end up with gambling with more fun, and you can do whatever you want and you can just enjoy life much better. This means that limiting your betting amount, like with one deposit that is it for the whole month type of thing, could result with you not only getting joy, but also even maybe better results too.
552  Economy / Economics / Re: How do you manage your finances and family if your income is low range? on: October 04, 2023, 05:03:10 PM
how can we possibly reduce the need for a need that exists, the name of a need is increasing day by day and not to mention the addition of commodity prices that continue to increase. In responding to this, we still have to increase our income and not depend on just one job. It would be better if you create an independent business opportunity through the knowledge and creativity you have. And don't forget for now to put aside first a desire to live luxuriously which only says prestige alone. So I agree that what we should do is to "increase income without having to reduce an obligation."
Decreasing your spending is not all that possible, do not let people who think that is possible to fool you, inflation will make sure that you can't live all that easily. I have seen plenty of people who try to argue that if they had 1 million dollars today, they could live off that for 50 years if they can live that long.

If you do not use it and turn that into an asset that gains value, just putting it in the bank may not be enough depending on where you live. Most people end up with something that would hurt you for a long time. I get that it may not be simple but you should be trying to do something that can help you one way or another. I believe that we are not going to end up with something that should not be doing anything special, I believe you could end up with a greater return whenever you can.
553  Economy / Trading Discussion / Re: Do you believe Technical Analysis? on: October 04, 2023, 04:04:51 PM
The fact that the market is generally unpredictable causes some doubt in such predictions. I don't think technical analysis alone can make a good guess prediction accurate.  Because technical analysis is not enough to make profit in some cases.  We are now in a bear market so the market direction and price changes with the flow. There are different chart strategies used by investors and traders.  I think technical analysis is very necessary for trading.  Market movement cannot be determined without technical analysis.
I believe that TA is something that would help you try to predict but more like speculate as well. Predict is something that you try to do in order to know what it would happen, but I would guess that it is going to be more speculation, which would be just guessing and all. I know that it is going to be something that would be helpful one way or another that we could end up with a good result.

I think the best case would be just doing your TA and you could do something that will be profitable for you for the long term. I get that it is going to result with you doing a good job for one or the other. It should be quite important.
554  Economy / Gambling / Re: 🎲BetFury.io| 💸Buy-Sell BFG on BetFury | 🔥Fury Pharaoh - New In-house Slot on: October 04, 2023, 05:10:50 AM
Maybe they are just trying to comfort theirselves for wanting to believe that BFG token is just becoming a stable token for a while. They didn't even realize that no big trading movement happen to it and I guess I also agree with you that this is the bottom that's why no big downward movements those holders still experiencing. For other think about investing on BFG maybe this is the best time for them, but could they able to wait for lmore months then hope for more greater movements to come? For now many traders are now doubting about this token and those who still hold doesn't have any choice but to continue to stake their BFG token so that they can still earn with token even if the current situation is not really good.
Stabilization based on lack of liquidity is a trouble and the lack of volume is also causing a lot of issues for not having to be listed at a greater exchange as well. These are all important things that we need to handle and should be dealing with it. I personally believe that the best thing to do right now would be to create some reason for people to buy this token, maybe that would be something like a competition, maybe it would be something that could be a reward system.

I am not sure what it could be, but give people a reason to trade BFG and get something in return if you really want to make sure this token can go up. If you do that then you are going to be fine and when you think about it, without volume and liquidity they would all worth nothing soon, which is why it should be tested to do some marketing like this.
555  Economy / Speculation / Re: Does bitcoin price increase after halving? on: October 03, 2023, 08:42:40 AM
We should not call it a bull run. These are just some small rallies bitcoin made to create FOMO. Mostly done by exchange to liquidate future traders who open their position with high leverage.
I have always known bull run to be an upward movement of the bitcoin price to a reasonable price. You have just let me understand that it is only a bull run when there is an upward trend after an upward trend without corrections until a new ATH is attained.  Tnks
That is true, bull run is not just upwards trend, and just because it is not going up right now doesn't mean that we are on a bear run. That one is the one I hate the most, we haven't been on a bear run for a LOOOOOOONG time now and people are still calling this a bear run. It is not, it is something normal and we are not doing anything that goes lower.

If you want to call something a bear market then it should be going down first and if it is going down that would be all that much better. I know that we can't really change anything in peoples perception of the market but not knowing the right terms is something we can help with. It is quite possible to make it easy to predict, there is nothing wrong with that, markets are usually easy to predict for those who are willing to wait years to make a profit.
556  Economy / Speculation / Re: Bitcoin price guess, 2023 on: October 03, 2023, 04:55:29 AM
The price of Bitcoin will not increase much in 2023, because the year 2023 end is not too late, and the price of Bitcoin is currently 26k. In 2023, if the price of Bitcoin is very high, it can rise to 35k to 40k. Because the year 2023 end is less than three months away. I don't think the value of Bitcoin will increase much. It will rise to a maximum of 40k.
While it is certainly possible for Bitcoin to be at $40K by the end of this year, I am only more confident in $35K if Bitcoin rebounds past $30K within the year. As currently the price of Bitcoin is still running at $26K with the rest of the year not far away so the time to reach $40K may not be so long unless Bitcoin has a continuous increase without the slightest correction.
I would guess that reaching 35k or 40k would be good for one way or another but that doesn't mean that we are going to end up with a good result all that easily. I think it would make more sense if we could end up with a result that would take some time. I think it's better to have a solution that would be profitable and that would mean that we are going to end up with a result that could do wonders for us.

I think the best way to move on at this point would be getting a good base, something that people won't be breaking it under and if we could do that then we are going to end up with a good result. I hope that it takes a while for it to be like that but as long as it reaches to a point we could be proud of, that would be enough.
557  Economy / Economics / Re: Diversification in Global reserves. on: October 03, 2023, 03:20:34 AM
Where's the competition?
China yes, huge, but export oriented, and export dependent economy, with lots of problems. Which will only get worse under the "new course of the party".

BRICS - the only stable and strong economy (against the background of other BRICS members) is India. So India has unambiguously voiced its vector of further development - western, with a developed western world, with western values, and without the support of rogue countries.
Tell me about the economies of the other BRICS members ? Smiley How can they compete ? NOTHING !
And India has chosen the optimal path - mutually beneficial cooperation, where India sees itself as the center of the "global south".
I would say whenever you try to attack others because you think they are much worse than your nation, you should remember the nation where people die because they can't afford healthcare. You can work for 60 years, invest and save carefully and then if you get cancer, not only you die of course but also everyone around you lost all those savings as well. All of your money is gone along with your life. Care to imagine which nation that is?

I think you probably know which one that is. This is why we should not just bash those nations, I agree that those are bad, but Dollar is not strong anymore, it is getting less and less valuable and eventually not many people will use it. I am not saying it will not be top ranked, it can stay top ranked, just not be 90% of our reserves anymore.
558  Economy / Trading Discussion / Re: Trading can ruin you on: October 02, 2023, 08:14:36 PM
I've watch people close to me start with trading and they learn it the hard way. As much as they want to help other people, it still takes a lot of learning. Trading is definitely not something to be taken lightly, you need to be well-informed before diving in. Starting with educating oneself about the market and the different coins is crucial, without the right knowledge and skills, it can be really risky. But no one said it is impossible.
Indeed, nothing is impossible, as long as those who want to learn to trade have a strong interest. because trading is not only related to skills and knowledge that can be learned through books or videos.
as you said trading requires experience and the time of each person who learns to trade is of course different. it's about how quickly they progress with their knowledge and experience. which of course requires capital to become experienced. It won't be enough to try one or two times and then fail. those who try will see many failures. and I think many beginners experience this.
The difference is "wanting to learn how to trade" versus "wanting to learn how to get rich" you can even add "quick" to the last one. If your entire aim is to learn how to get rich then I am sorry but you are not going to be learning trading all that well, you are not going to be interested in learning how to be a good trader. Your only goal would be learning quickly whatever you need to learn before you start making a lot of money.

But, if your goal is to learn how to trade and be a good trader, then money will come in later because you are going to be good at it. I understand that life is not all that simple to give people enough time, some people are making small amount of money and still do not have enough time, but that doesn't mean that you should be aiming at making a profit and not learning how to trade.
559  Bitcoin / Bitcoin Discussion / Re: How to keep safe the mnemonic phrase - Whats Your method? on: October 02, 2023, 02:33:15 PM
What is this backup passphrase? Is it another pass phrase that can be used to unlock the original mnemonic seed phrase for your wallets? If not, what does it serves as in wallet security?
A passphrase is an extra layer of security for your wallet, it is an extra 'word' added to your seed phrase which creates another wallet and keys for you, take note that your passphrase does not have to be a 'word', you can use and add whatever you want, even characters to make it stronger and hard to brute force. So whenever you use your seed phrase without adding that passphrase you get the base wallet, but when you use your seed phrase + passphrase you get your second wallet, this set up is great for plausible deniability.

So with a passphrase set, if an attacker compromises your seed phrase, they will still need the passphrase to access your funds. Take note that if you use a seed phrase + passphrase set up, you will have more backups and you have to keep them in separate locations to avoid the possibility of a single point of failure.
It's also very important not to lose it as well. Most people focus way too much on the security side of things but then they forget about the issues that they have on their hands, which is remembering it, you will probably not remember it or even if you do, you may eventually forget it. While trying to secure it carefully, you may end up locking yourself out along with everyone else and that would result with something that would not be that much a profitable business.

This is why I believe that we need to do a lot better, and that could end up reaching a little later than expected as well. I understand that we could do much worse but we could end up trying to do the best thing we could potentially do by saving it somewhere easy to access by us, but nobody else.
560  Economy / Gambling discussion / Re: Mistake that prevented your big win. on: October 02, 2023, 01:45:15 PM
Biggest mistake is getting greedy.  Either not cashing out on a big parlay or hedging against it and then losing, or just betting huge after big wins giving all your money back.  Once you are up big its easy to think that all your bets are gonna hit and then you end up betting bigger than you normally would.  This usually the biggest downfall for people, greed.
This common mistake but we can’t blame anyone experiencing this since we will not enter in gambling if we doesn’t have innate greediness on ourself. We are gambling because we want quick profit compared when we just do our job and earn on salary in monthly basis. Gambling can offer us on the spot profit which makes us greedy to even try it despite known risk.

For me, It's natural to commit greediness on gambling since it can be considered as natural mistake. I believe destroying real life just because of gambling is the biggest mistake which gambler can ever have.
I would say that you are wrong on that subject, not everyone gambles to get a quick profit, some people gamble because it's fun. What people do not understand that you may like to open up steam and play a game, or your ps5 or open up netflix to watch a movie, and some people just open their favorite casino and gamble.

It's as simple as that and nothing more, it shouldn't really have anything different from that. I understand that it may not be that easy but we need to just realize how normal that is and not going to approach it like it's going to be something dangerous. I get that it may not be that easy to handle but we are still gambling for fun, even if it means risking a lot of money at times when you are doing it.
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