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61  Economy / Games and rounds / Re: 🃏JacksClub: ROUND 22 - BTC PRICE PREDICTION CONTEST $150 in BTC 🚀 on: May 12, 2024, 05:32:55 PM
JacksClub Username: Gaza13
Prediction: $60,792.22
62  Economy / Gambling discussion / Re: Between females and males, who are more resistant to gambling losses?  on: May 12, 2024, 05:24:42 PM
Women can sometimes be really extreme with whatever it is that they are doing but then I don't think they are able to handle losses like men do although a few of them actually try not to get the losses get to them but the fact that been emotional is in their nature, sometimes it may get to affect their decision and may cost them their chances of winning and the casino sadly do not know if you are a male or female, they just give you what you staked on. Ad whatever it is that is the outcome you may just have to bear it like that.

Knowing that the casinos doesn't know or recognize the gender or don't allow that influence the results is very important except for the fact that women can sometimes be smart about their decision and be better at managing their bankroll, they actually don't have much difference in the way they play away from the way others do .
I think this depends on each individual, we cannot choose one gender, between women and men, who is more resistant to gambling battles. Usually, if someone has started gambling, of course they think about things such as being careful, being patient when playing at stakes or maintaining their money so that they don't spend too much at the gambling table. I don't think it's only women who can control their emotions or are smart in making decisions when gambling. This depends on the conditions at the time of the round, if we have a good enough chance then we are good at making a decision, if our card chances are not good then of course we don't continue the game. Even though many say women can control more, the facts at the gambling table are definitely very different.

63  Bitcoin / Bitcoin Discussion / Re: Share your top mistakes in crypto - learning from others experiences! on: May 12, 2024, 04:10:54 PM
For me, the fear of having my coins stolen from my wallet by hackers or scammers or even the exchange itself crashing, has made me sell or withdraw too quick, when I would have been able to DCA properly seeing that I have actually studied how the DCA strategy of investment would fit my meager income.

I also made a mistake in not paying attention and practicing the steps taught to us during a free cryptocurrency trading class a colleague of mine organized during my old working days. Perhaps by now, I would have outgrown the fear of trading and losing my funds, instead I would have been more focused on trading and investment strategies to earn me better income.
Are you sure you are focused on the trading strategy? Isn't this a much more dangerous risk than the dca technique that you have been doing? If the exchange does not abuse the regulations in force in the country where it opens its business license or does not misuse investor funds, in my opinion the exchange will be fine, it will not collapse or go bankrupt.

Yes, everyone will experience the same fear of losing their wallet, it is best to avoid untrusted phishing links in the name of coins from free airdrops and we can also protect our wallet keys with authenticators. Many people are wrong in choosing assets, they only see it on social media and hear from influencers that they think the coin is good so they get fomo, it is better to buy coins that have strong and good fundamentals rather than coins that have just appeared on the market.



64  Economy / Gambling discussion / Re: Why do people lose in gambling and still go ahead and bet more? on: May 12, 2024, 03:08:46 PM
Actually i don't encourage anyone to gamble because it is a person's personal freedom so whoever has money and can spend that money anywhere. Your friend is getting addicted to bad gambling and is constantly losing money so stop him from doing it. If not the next gambler may go into the various crime worlds to raise money. Gambling is all about luck so there is a lot of testing of luck along with dealing with wasting money and you can't change luck at will. There are many people who lose bets again and again because they know that there is no technique to improve luck.
Yes, we don't have the complete right to prohibit their money from gambling, at least by prohibiting it we can make them aware of it. Agree with what you say, there have been many cases of this, if someone is addicted to gambling and has lost quite a lot from gambling, the bad impact is that they will turn to crime if they don't have any money left to gamble. They will do anything to get money and do it again. It's better to love your money for something useful.



65  Economy / Gambling discussion / Re: Chased loss, got it back and lost everything. on: May 12, 2024, 02:14:06 PM
this is common in gambling, where a gambler gets their money back after a losing streak but then they lose again and lose it all. indeed, this sounds funny, but that is what often happens in gambling and what we can do is minimize it by taking a temporary break when we win big, then we can play again when we are ready. and that's what i usually do when i win back my money from gambling, and i'll take a short break until i can play again.
Indeed, taking a short break can refresh our minds, and after playing again, can we control everything, basically the bookie has programmed the system? If you play again or chase defeat or chase victory in front of you, it feels impossible for you to get it, we should stop and no longer join in. There have been many victims who have fallen in gambling, if we have experienced a loss, we should accept it gracefully and not do it. return. This method is much better for your finances and makes a much more useful use of your money.
66  Economy / Trading Discussion / Re: Does trading belongs to everyone? on: May 12, 2024, 01:48:41 PM
Well, because there are so many things that need to be considered, I think not everyone is able to accept this. There are probably a lot of people out there who have tried trading, and come out disappointed. However, everyone can try trading, but I think not everyone will be suited to it. Many people feel that trading can be done by everyone, but in fact, many people do not feel that trading is a detrimental thing. well, as long as they are able to pass several important points such as patience, and other points, I think he will be suitable for trading.
Patience alone is certainly not enough in trading, at least we must be equipped with knowledge about trading. We have to learn a lot about the technical indicators in it, it is very difficult to learn them, it takes a lot of time for us to learn them. It's true what you said Of course, everyone can trade, they have even tried it and the results did not meet expectations. This is what makes you reluctant or not want to do it again. This is what makes many people reluctant to trade and get something from trading because the risk they receive is much greater than buying it on the spot. There is no single indicator that is truly perfect in this case.

67  Economy / Gambling discussion / Re: Rich or poor gambler, who should risk more? on: May 11, 2024, 06:11:57 PM
The risk placed by the rich is greater than that of the poor type of person. Because the rich have more money, the chances are higher that they are actually capable of having an opportunity to win a winning amount of money on a casino gambling platform here in the crypto space.

But they also take the same risk when playing gambling, whether it is traditional or in the crypto space that we live in today in this business industry.
Yes, this is only a nominal problem, that large groups of gamblers seem to lose a lot of money compared to poor people, they have their own financial capacity. Of course, if the poor experience defeat by having much less money than the rich, at least they will experience a fairly large loss with the finances and capital they risk at the gambling table. Risks and chances of winning. In my opinion, rich and poor both have risks. This depends on how someone struggles in playing the game.

68  Economy / Economics / Re: Money is all wealth? on: May 11, 2024, 05:07:43 PM
From a personal perspective, real wealth is not only focused on literal money, because many rich people, as in many billions of dollars, do not have peace of mind. If you look, most of the rich are not rich with real friends.

That's why there are other rich people who pretend to be poor people because they want to experience a normal life without much thought about their riches. When you only have friends who can be true to us and who will remind us of the right or wrong things we do, that is the real treasure that money cannot buy.
Not having what kind of calm? If someone has billions of dollars, of course he will employ someone as a bodyguard to look after his family. Yes, many rich people seem to pretend to be poor. They know that crime will always be there at any time. That's why they don't want to be seen conspicuously by local residents.

It's true that money can buy everything, but in my opinion, family, children and the friendship of loyal friends are difficult to buy with money. The story you said above is like the story of footballers Christiano Ronaldo and Albert Fantrau.



69  Bitcoin / Bitcoin Discussion / Re: BTC Investing To Now Taxable Events on: May 11, 2024, 04:13:37 PM
Question on BTC and other cryptos

This is from being in Canada.
I was wondering if there is a way to further invest with my BTC and other cryptos without and being in legal terms.
That’s hard. Laws are written rules but we can find loopholes and bends to do something a little illegal if wanted. We can do that because our laws have loopholes but it depends on the country where you are so it’s difficult to not talk about the legal terms

From what I know anything you earn from anything must be taxed.
It's true what you say, it feels like it's impossible for us to avoid taxes, let alone converting them into currency, the country of course has special rules for this. No one is truly immune to this problem. They must obey what the government has made. We have to know that if someone opens a business like an exchange, of course they have to register their business license with the government. If they fulfill all the requirements and must comply with the rules in force in that country, otherwise they will be subject to sanctions.

70  Bitcoin / Bitcoin Discussion / Re: Did you start investing in bitcoin because of some celebrity ? on: May 11, 2024, 03:36:28 PM
I see that current youth is inspired by celebrities and influencers in big way. Did you also start investing in bitcoin because of some celebrity ? Or you know people who belong to that category ? Is it a wise decision to do so or we should do our own research for better results ?

Investment shouldn't be done based on other peoples opinions or because it is what people seems to be doing or talking about, you must be self conviction enough to understand the prons and cons of such investment and tailor it down to your own level of preparedness as to that regards in order for you to make an informed decisions that will suits you along side achieving your goals and objectives.
This depends on how the influencer conveys something or educates the public. If we hear it makes sense, we should first study the impact of the investment itself, don't just think about the profits. If you are ready for everything then you can start. I myself happened to be introduced to cypto investment through a friend of mine. At first I was very doubtful about this investment, because I saw many people experiencing big losses in my country. As time went by, I myself understood the concept of investment itself.
71  Economy / Gambling discussion / Re: They put an end to online gambling: what do you think it's going to happen? on: May 11, 2024, 02:50:01 PM
Government ending online gambling?
In my opinion it is much better, your government has provided education to the public that gambling is not good, it is impossible if the government ends gambling it will end people's lives. It is true that all countries have minimal job opportunities and the population is increasing, but people who do not have permanent jobs but they still live today, for example by looking for work that they can do on the internet, or for the lower middle class they work like scavenging or begging. You have capital of $200 and a gadget, with the capital you have you can open a small business and you can use gadgets or develop ideas to make money such as Affiliate Marketing. This job does not require capital, just your internet quota and gadget.

I think what you say is too much, it's not easy to win in gambling up to $100,000 in a day, the bookie won't give you a big win like you said, the bookie can't lose they all set up the system.


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78  Economy / Trading Discussion / Re: How can I get into trading on: May 10, 2024, 04:16:58 PM
Good day guys!
As someone who’s new to this space and wants to start trading, what are the steps I can take to start and how much of fund do I need to start?.
What wallet is best for me? Can I use meta trader?
Don't use that trading ways for you to start, here in cryptocurrency you can start by buying trusted coins like Bitcoin and ethereum. Good amount will be okay like $100 could be better, hold your asset at spot trading and you can sell it once good price is hit.
At first long term trading is a good steps in learning, rather than putting your money at the fiat bank.
Your steps or suggestions are quite good for beginners who are just starting to invest, it is true that what you convey is the best lesson for a beginner, you should choose spot, don't choose short-term trading, it will drain your finances. It's not easy to trade, at least you have knowledge, psychological metal, if we don't have it we will definitely lose a lot of money and of course the risk is much greater than spot.


79  Bitcoin / Bitcoin Discussion / Re: Bitcoin Will always Survive on: May 10, 2024, 03:40:25 PM
for those who says that bitcoin will die or will be gone in time are those who wanted to have a big chance of buying more chunks of bitcoin when the market falls badly and this is their advantages.
bitcoin is here to stay though we do not know how much it will grow in the long years but at least in our lifetime it will stay like what we did in the past 14 years.
Totally agree with what you said, they continue to use issues that are not good for everyone to believe in. Bitcoin cannot possibly be lost and will survive forever, because the creator has released all his technology from the pursuit of international financial institutions or the world that does not like this asset.

Yes, if you look at history from the beginning, Bitcoin is no longer just an arbitrary asset, Bitcoin has been able to compete with other assets such as large stocks in the investment world. If you look at the development of world stock growth and bitcoin, I think bitcoin has increased much faster so far.
80  Economy / Trading Discussion / Re: Day trading or Long term on: May 10, 2024, 03:03:08 PM
I oppose to the general idea of this. Because Long term and Short Term trading just have the same of level of implied risk. You can both lose money. The only distinction between is the two is the time horizon of the trade. In long term trading or investing, it also will take you time to prove to you whether you are right or wrong. In day trading, the result is immediate.

That's why the type of trading or exposure you have in the market should be in line with traders personality. Regardless of how good he strategy is, if it does not resonate with the trader. It's more likely that they won't follow it.
It is true that long and short term trading both have risks in them and at different times. It's true that all of this takes time to prove. At least in the short term, the risk of losing money is much greater than in the long term. The most important thing in this case is that at least we don't make a mistake in choosing an asset. If we choose right, I think it will show in the future. In the world of trading, no matter how good your strategy is and the technical indicators you use, no one can guarantee that your strategy is perfect.


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