DCA can still be the worst for a newbies, so I say newbies should stay away from DCA until they have the knowledge of the risk and approach to DCA.
I don't know how you have come up with this, but it is flat-out wrong, DCA is the best strategy for newbies and it helps to minimize the risk of trying to game the movement of market and also the risk of price volatility. There is no "special" knowledge needed to use DCA strategy and i cannot see any major risks for people who use it, i always advise newbies to use DCA strategy to purchase Bitcoin, instead of making lump sum purchases. Well you could say maybe the Op is actually trying to relate to other thing or maybe he is actually confuse on what he means by saying that DCA can be worse for newbie because I see no sense in what he is trying to portray because even if a newbie fails to follow up with the DCA strategy, there is only the fact and point that his investment wont be achieved because he might maybe temper with the holdings and anybody that can temper with their holdings can still do same with every other method and that includes the lum sum too so basically the DCA is still the most preferred for any newbie to go about with any investment in Bitcoin. |
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Regulating emotions while betting is crucial to avoid impulsive decisions and potential financial losses. It's important because strong emotions can cloud judgment, leading to choices not based on logic or strategy. Techniques such as setting clear limits, taking breaks, and practicing mindfulness can help maintain emotional control. This emotional regulation ensures that betting remains a form of entertainment rather than a harmful habit.
Controlling emotions and give exit to gambling for sometimes can help you to be not addicted of gambling but if you gamble non stop then surely you will become a gambling addictive. I don't think that in gambling strategies ever work because it is based on luck and everything whether its a loss or win will depend on you putted bet not on your applying strategies. Setting a limit to your money and time can help you to control your emotions so don't gamble more than your limitations as it will make your life worse. Why would you say that strategy doesn't work, am also a big promoter of the fact that's gambling is totally luck based but to some extent I still believe that a good strategy can atleast slow your loses if not increase your winnings. When I talk about strategy I mean even the act of slowing down when knowing the times to stop because all these are vital for the gambler to stay in check and maybe get that lucky win because it's only when you have a straight mind that you can do or make something off your gambling session |
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I don't enter with the intention to double my money and quit, as that might lead to me losing all the money to gambling before I realise it. Doubling it might be a little difficult for me, especially as I like going bit by bit with my deposited fun in a casino. Doubling it might not be easy, but I try sometimes to add a little amount to it.
I mean, the amount I have deposited most times I just play my favourite games. By doing that, I can also target those odds that can give me a small winning and I can profit. That is why having fun is important. I have doubled my money on gambling before, but I never went in there with the intention to make it double, but those days are just usually my lucky days.
Well with all the experience I have gotten from gambling, I have to come to draw a conclusion that you can never plan your winnings and the still come out successful in your gambling session, whenever we play to win a specific amount of money what you end up with is actually the opposite so it's best to just play to have fun and go with vibes of the game at that particular moment just as you have said it which is to stake on games and odds you are familiar with and let luck do the remaining. |
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As I visit our local board, I come discover something. Follow me watch this screenshot weda you go fit observe wetin I discover.
Make I for no stress you, if you check the image well, wey almost cover the first page. You go see say no title apart from the topic wey Majestic-mif raise wey be pidgin. All the title dey for normal English wey come make the board look like politics and society or off topic board for general forum. If wey put majority of these titles for ogbonge pigin, people wey enter here go really know say na local board be this.
My people na wetin I get to share be this o.
Well my brother I know why I missed this your topic since but as I see am sef e never too late to shuk mouth put, for me watin I believe say the actual reason wey make dem give us this our local board na unto say we dey active well well but the clear fact na say we get local language which is the general pidgin because I believe if to say who ever dey give local board come hear na English we wan dey write and communicate here, I for reason say maybe he fit no even grant the request. |
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Well gambling can mostly certainly be your hobby but there should also be some level of restrictions because gambling can turn out to be that one hobby that can actually destroy you that's if you get too attached to it. But on the plain reasoning to the question you asked, It can we'll be verified that gambling is indeed an hobby for some persons while for other it isn't. Gambling is no joke and it can mess the gambler in ways he or she might end up regretting so if you are making gambling a hobby of yours, it should be as well not be a toxic one .
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I tested deposits and withdrawals anonymously and everything went perfectly. And it seems that luck is following me because during testing, my 700 dollars turned into 2200.  Wow! Lucky you, well my own session wasn't so lucky although it was a a parley selection of 3 games in the Europa league and Liverpool said they should do the pleasure and honour of actually spoiling my prediction. But I have to commend the casino though as the registration and also the interface of the website seems every easy and simple, I haven't withdrew from it yet but am hoping I can get that win to make it possible.😁😁 |
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Assumption is very bad and have high negative effects. Just imagine say something happen, and you confirm the fact, you just rush take action. OP, wetin you talk na true talk, a lot of things don go wrong and most we no go fit correct am because of say we no validate the information before we act.
I know so many people wey go win but something wey dey important to them for market, when them price am na last two months but when them come ready to buy am, instead of them to confirm the price again, them go carry that particular amount of money go market, and when them reach market, the price change, e go come discourage them from buying the thing. Validation is important before we make conclusions, so that we will always be on the right track, and make the right decisions.
Assumption na something wey fit even land person for big wahala and so many times na him be the root of all rumors wey people dey spread because something wey you never confirm, you don fast fast start to talk about thing and before dem come verify or validate their am their response and action don already cause big problem for people. And one thing again assuming things can even make you miss out on so many opportunities because you no go actually know the time when better go don reach you as you go just dey feel or assume say na same disappointment but sometimes changes can occur that's why validation is really important. |
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Good day my country people, when I newly enter this forum I been dey find am am difficult to write properly in English as English no be our first language, dem don even tell me say this place na only for people wey dey fluent for English but I talk say I no go give up because if I give up na me still lose. I still never dey fluent but I don see some newbies wey I pass but they still manage to do their thing with their heads up high so who am I not to do the same, I have seen that the more the I post and navigate the forum the more perfect my writing skills as practice makes perfect. In essence the message I dey try pass be say, if you want to be good at something you have to keep doing it regardless of how many times you have failed while doing it or regardless of the criticism you have gotten from friends. Never put yourself down that you are not good enough for anything.
English no be our native language so no stress am even most of us here sef sometimes if not all the time sef our English no dey that legit and na why most times when I dey write na external keyboard me dey use follow like grammarly, the keyboard dey correct your Grammer well well especially for all those simple punctuation and other vital stuffs wey fit make the write up readable and understandable by the reader or should I say decoder. |
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Well you are still a jnr member here and with the number of activity am seeing in your profile, I still can't place you as a old member so reading your and the message you trying to pass, It seems somehow odd to me but one thing is clear for sure which is the part that every human is bound to make mistake and it's just the response or action we take after we make those mistakes that really really counts. Some person make mistake but when being corrected they decide to play a deaf ear and seems to stay strong or become arrogant of what they are being told.
But one thing is clear here on the forum though and that's the fact every single person her in this forum must have or still do from time to time make mistakes
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This one shoke everybody, my brother, I was pondering about the whole situation a few hours ago, I don't just understand, especially the manner in which the Naira has risen but the inflation refuses to subside. Fine, at the start of this whole thing, the forex played a major role in this hyperinflation and economic woe since we are a consuming nation but the fact remains that our people aggravated it unnecessarily. Every sector of the economy started using the inflation excuse to increase prices. No one in the business can be exonerated from this, be it the manufacturers, the wholesalers down the retailers. They were just driving the market as if it is their birthright and the government is just clueless about the whole situation. They are never prepared for anything.
You know say for this country, we dey like get reason for why we dey do some things and this marketers no dey exempted. Most of these sellers get Union and when price of things go high due to a situation, them go attribute cost of goods to that thing and now in this case nah the dollar increment; we don hear of how the naira don dey gain over the dollar as before wey e be #1700 to a dollar, things were bitterly high but now wey e don go down to #1200 as of last time I check, things still dey as e be and you begin to ask why? These unions wey don stamp price like this, anybody wey decide to sell beneath wetin them out fit enter problem with them; you fit dey regarded as the bad belle wey wan put sand for their garri. Bottom line be say no be the dollar dey cause price hike, nah just plain corruption and greed of humans. The thing is that even the dollar increase sef follow cause the increase and also as the country be wey everyone na opportunist, so everyone wan exploit the increase of price and na why even when something no concern dollar price sef dem go follow add am for the price of things wey don cost and it's just too bad. But I also concur say all these na majorly corruption and the corrupt mind of everyone in the country itself. |
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Baccarat is one of the popular live games now in the Philippines since it’s the original version of our local game lucky 9.
I saw many streamers that using betting pattern on this but I don’t see the logic how they decide to change bet from banker to dealer and vice versa by just relying only on the bet history. Baccarat is a game of pure luck so I don’t comprehend how they come any strategy on this game.
Am I missing something strategy which is almost similar to card counting of blackjack?
I won't lie, I really don't have much experience playing the game and to be honest I have only seen people play it on videos and others but although I have seen the game on many online casino but am really not a fan of casino game because I also believe like you have already stated that these games are purely luck based and it always suprises me when I see people saying they have some kind of method or strategy in playing these games. For me it's more sportbet where I can atleast feel the edge of knowing that I actually made some research and prediction on the game I played. |
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It's funny how your emotions can get to you when gambling.
A funny story just happened to one of my friend and I really felt for him although it was still out of his stupidity that made him nake such stupendous mistake and once that feeling grew on him it's almost impossible to stop it.
He called today asking for some help financially and I asked him why because I know he ought to be financially strong atleast at the moment and he later explained what happened to him and how he stupidly lost his entire salary just for the sake that he actually wanted to recover just a fraction of what he lost at first gambling and from there he got really involved and the worst part of it is that he was scared of losing so played cautiously without calculating which is never good for a gambler.
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To say the truth, I be don actually forget say e even get something wey dem dey call enaira because when you talk about shit project the enaira is a typical example of one. Since dem introduce this enaira to the general public na only for AIT I don watch when one of these commercial banks dey try implement and advertise on the importance of the Enaira, aside from that I have not seen anyone even using the enaira at all besides watin person one use am when other electronic means of naira transaction is working exceedingly well and have also gained the heart of many Nigerians.
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If you are interested in gambling on sports, do you rely on prediction betting sites? Why?
What is the most prominent site you rely on?
I will not say that sports predictions not work for me because I have won multiple bets from some of other's predictions I am not gonna mention the predictions websites because some of them are also failed for me and I have loss some of those matches. So the important thing is that in gambling there is no guarantee that you will have always wining whether it's your own prediction or from others like those predictions websites. I think no websites have the guarantee that their 100% predictions will be work because gambling is all about the luck. Currently, I have followed sports keda some times to know the previous statics of the and performance of a team. When it comes to 100% guarantee on prediction, there is absolutely no one or website or even robot that can guarantee you that. The multiple prediction I have made by myself is also working for me although the ratio of loses to winning can still be greatly differentiated but I just believe it's same for even the so called prediction sites or experts. I just have this mentality that's I work with which is not everyone or anyone is exactly too knowledgeable about the sport's of soccer or even other sports. |
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Same old prediction like every other person and I don't see any strong base to why the prediction would be if not base of normal stats that me and you can also gather and one thing about soccer that I really don't believe when people or AI tools starts predicting it's outcome is that there are so many factors that can actually influence the possible results and one of those things are an emergency red card or even unexpected injury to a player in any of the teams. |
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You seem too committed to the DCA method that you tend to have forgotten that there is another method of buying called buying the dips. There is nothing wrong with setting aside some funds to buy when price dips and when waiting, using the DCA method to continue buying without stop and waiting for the dips to buy lump sum. This is a kind of combined method which is very effective. I think most experienced investors apply this method and I recommend the method for anyone who want to fully take advantage of different market conditions.
I'm pretty much aware that they are other nice strategy out There for accumulating bitcoin. But they all have their time ( depending on market conditions) . For instance you can't just keep waiting for the dip always before one should consider accumulating, So is better for to continue with his DCA purchasing , having some funds set aside (which known as reserved funds) to purchase the dip whenever any occurs. The other way of accumulating are also helpful when it comes to bitcoint accummulation, but being consistent with your DCA is just the best too, and also making use of the other strategy for instance, spreading out your reserved to purchase the dips ( or you can all in at once but still prefer spreading it), have some nice amount of money to spare as a normies you can go all in at once with the use of lump-summing strategy, depending on the market condition, So if you look at it we are clearly on same page here.
From what JayjuanGee thought me, that there are meaningful concepts and functionalities of various strategies hence, the idea of having a lump sum buying completely has nothing to do with market conditions. However, the idea of lump sum buying is having some amount of money that you are holding right now and you decided how much of that money that you are going to invest right now with that amount that is made available to you to use and buy right now whether there is a dip or not but rather it is much connected to your own personal decision regarding how much of that amount that is available right now that you would want to use and buy Bitcoin right now. I don't think if the lump sum buying is subjected to any market conditions or buying when there is a dip or which ever way you may have but a sole decision of an investor irrespective of any forms of market conditions, and I think it is just a misconception of concepts, and also open for corrections if any. Exactly, and troytech your point also nice . But the thing is that I made some mistake and I guessed the blame goes to my write-up. What I actually meant that the other strategy like buying the dip depends on market conditions. And imo I don't think that's there's any market conditions when it comes to DCA purchasing because we eventually buying at any price interval either when the price is high or low aslong we using it in accummulating bitcoin. But when it comes to lump-sum strategy, it depends on one cashflow. Like in a scenario when one have some extra money to spare he can use that money to run some lump-sum purchases, inorder to cover some lapses or give himself some boasts in his Bitcoin accumulating, adding some good quantities to his Bitcoin stashed while he kept on with his DCA strategy. You know you don't really have to have an extra money before you lump sum, let's say you've been into other traditional asset and just discovered bitcoin and you wanted to have up to 30% of your total investment in bitcoin, then you decide to move that amount into bitcoin right away that is what a lump sum investment would be, so I doesn't necessarily need to be from an extra cash, I could be from your savings or some unexpected money, all that matters is your buying right away without any thinking about the market trend at that time, the only perk of doing this is that you have to continue buying with DCA unless volatility would really have impact on your portfolio, so as @Troytech said its good we compensate each strategy for each other based on their strengths and weakness, you can think about those that buy only on dips while it's not a bad strategy, it has a weakness of having to wait for dips so you won't be buying at any other time apart from dips and what if the dip yoir waiting for never comes, so things like this is the down side of waiting on dips, so the best approach for us beginners would be to use the DCA strategy as our main strategy while we use other strategies buying the dip and lump sum as other strategies to get more bitcoin on our portfolio. Anticipating for the dip before buying is wrong, what if the dip never come as the expected price or what might happen holding fiat for so long, buying using the lump sum strategy is totally different from dca strategy. An investor can be expecting a huge amount of money maybe from an oil company or organisation etc and decide to dedicate everything into bitcoin without thinking twice is the lump sum strategy, buying with a huge amount at once. Using the lump sum to accumulate when the price is dip is a good idea. Lump sum strategy doesn't necessary need planning that's why newbies are adviced to use the dca strategy first cause of the planning process and learning. From my view in order to partake using the lump sum strategy one must be set to handle every needs without touching their investment likewise the dca strategy too. I think the major reason why the DCA strategy is more advisable, it's because when it comes to financial ability almost everyone can actually afford to partake so far as the necessary requirements are met. The DCA strategy is a well effective method for those of us that don't have the financial strength to buy big like a whale and also it's enhances the discipline of the investor because it's something that must be done consistently and it's also saves the investors from any unnecessary needs to selloff their coins to settle bills because that and everything concerning the investment is well settled in the way that the money used or set aside for the consistent buying of Bitcoin is one that really don't much effect in terms of our other expenses. |
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Of course I tried hard enough to hold on to the investment and still accumulate bitcoins following the DCA method. I have bifurcated my holdings following the DCA approach with a roadmap of holding for five to ten years or until the halving in 2028. And my other halt is that I hold for every halving. So I will sell the hold in 2025 and keep another hold until 2028.
Hopefully the strategy you apply can always run quite smoothly because we all can't know what the actual market conditions will be after the halving this year. Although almost everyone believes that the market trend will remain fine as long as the price decline in Bitcoin is not too significant because if the price decline only occurs in a very small percentage, of course there could be more price jumps in Bitcoin. And those who continue to hold it with sincerity will definitely experience quite a lot of victory. The current surge in bitcoin prices over the all time high is nothing as compared to when we see the bitcoin prices move parabolically in the bull run after the halving. Bitcoin dumped from almost 73K to 63K ish level and some people are panicking and saying that the bull market is over and other things. These people have no knowledge about Bitcoin and its pre-halving and post-halving phases. If they had some knowledge they would be saying such things. I would just say that these small dumps are the buying opportunities and after the halving and in the 3rd quarter of this year, we will see the most bullish bull market big parabolic moves that no one can imagine at the moment. Well am too sure about the technology that's behind bitcoin but the way the bull run elevated the price above the previous ATH is first that we haven't seen before and for now anything that has lead to the reduction in price of Bitcoin, I believe its all correct and preparations of the halving and the bull market that comes after it. For now the price is lingering around $60-70k and its become Normal because of the fact that bitcoin is getting ready for the big bull ahead. |
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People's feed back is somewhat a good factor when I check an online casino. Overall, it may not be a good factor as there can be a lot of lapses if it is about licensing ans what not.
But about licensing, it is a must for most operational casinos. Some may be starters and beginners and all they do is test out if the business will trend or not. But if it does then they sure will have to comply as most countries if it is about regulations are quite strict.
Know what's better for everyone of us. The proofs will push us to quickly believes the system and also know what we needs. We have to spot out the challenges we're facing and also made provision for the solid answers to our problems. We can become problem solvers in the system, its not a difficult state to hang around, does it? Reviews will determined the purpose of the casino and I'm pretty aware of the system and how it can changed our lives for the best. But with that, we have to determine the good and bad reviews. Because in modern times, we see that reviews can also be bought to impact the view of other potential customers. And this is a cheat that many casinos did and are still doing. We don't know how many of the new ones are doing this and we don't have numbers but it is for sure that this is done and it's no trade secret. Thats very correct and you would be surprised yourself if actually the accurate numbers were to be given about casino that actually pay for reviews under their casinos. Some of these casinos are not up to the standard and for some reasons they pay for the reviews on their reputable to be solid and this has been one of the reasons many gamblers rush to play on casinos because they haven't verified their authentic but gamblers still chose to play |
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Buying a second hand phone is very risky and believe me it takes sometimes luck and also for the buyer sef not to be jailed because most of the phones that are sold na even thief or broken phones dem, although the nature of economic now dey understandable for person not to have the full money to buy new phone because everything don really cost well well but still see e go make sense say we try other means like partial payment.
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As a newbies I know in every organization their are lay down rules ,rules and regulations that guild everyone pls I need more light on how to go,so that I will not cross Bitcoin talk red lines,or receive punish ment , because I still want to be in this community,I want to learn more from our senior members in this forum,I know and I think am taking many back but for the sake of other newbies,many run leave the forum due to no guidance,but I believe telling me about Bitcoin talk investment is the major way ,we can liberate Nigerians
My brother if you wan learn and grow yourself for the forum here then first you need to simply read the rules and regulations wey dey govern the forum because for any forumike this to survive this long, some secret must dey involve and for this forum na strict rules on copy-paste na be the Koko and also if you wan improve yourself then you go need do serious reading because na from there you fit take learn and improve too. |
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