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61  Other / Politics & Society / Re: Poverty change people on: May 29, 2024, 09:07:54 AM
You should rather have approached them with love than that way, you don't what it feels like to be poor and needy, its like living on the edge of beign a human, anyone would turn evil in a desperate situation, we are humans deep inside is sin waiting to take advantage of our weakness, do you know what it feels like not beign able to eat, like eating 3 aquare meal is a dream for some persons and what would they not do to live in such comfort of having food to eat, some persons don't have dream of a good live they just wish yo survive.

Poverty is a bad thign and it can make the most innocent change into pure weekedness, just be grateful to have a better life.

Poverty has its own mindset, so for poor individuals to start thinking very shallow is normal thing if may say, when an individual is poor, it affects his emotion and the way he thinks unless such individual is a type thats resilience about his hustle, there are people that doesn't believe that they will continue to b poor until they die, so you don't expect such individuals to give up on their struggles, so no matter what, poverty is disease that has cure only if a person rethink and get rid of some devilish thinking and concentrate on building himself to success.

Your right bro, that's even how some people feel when they are left in the trenches by friends and when their friends are back they act in such a way that they are envious of them, but that is life they have stayed their too long and has let it creep inti their hearts.
62  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoin season, will it come next months? on: May 29, 2024, 09:03:58 AM
You should be less bothered about which season it is and start buying some already, we all know that it's the bull and price would soar this season, so for sure altcoin time would come you just have to prepared and buy some altcoin for yourself.
63  Economy / Gambling discussion / Re: Stop gambling if you don’t have free time to do it on: May 29, 2024, 08:59:14 AM
I agree with you, gambling is supposed to be a leisure activity not something that you must prioritie and have to do even when you know its not conducive to do it. Gambling all the time can lead to addiction and no one wants to be on the side of that rope cause its hard for you to be pulled back.

And there is advantage for those that gamble when there are at leisure cause they would have the best sate of mind if make good decisions knowing they are not under any kind of pressure.
64  Economy / Gambling discussion / Re: What You will do in this situation? on: May 29, 2024, 08:57:46 AM
You cant be sure if he is unluck playing slots or if he has no idea about sports betting and still chose slot over it, what's best to is to tell him about it and see his reply, if he fancies what you are saying then they is room to teach him about and how to use sports betting.

And it could be that he doesn't like spending time to predict matches so he rather relies on slot for quick and easy picks.
65  Economy / Speculation / Re: Buy BTC sold for 16 BTC-1 mil USD on: May 28, 2024, 07:53:26 AM
I am pretty sure that this is yet another attempt for money laundering and nothing more, or maybe just a method to tax deduction and nothing more. Those two reasons are quite common in the art world, when you see something and it goes for a million dollars and say "this painting is just red canvas and nothing more!!  how could it be a million dollars!!" well that is the point, they do money laundering, and artists are aware of it and in on it.

You end up paying that much, and you launder the money, OR you just pay that much, and deduct that from tax, then give it to your friend for two million next year, who deducts it, and then he gives... and it goes on. Real art and fake art are obvious from each other, you will understand the reason when you see a fake one. This smells the same way.

This also can be a reason and something to consider... But I don't think its on all the occassions

I've looked into it and I did some research, that's not the way that money laundering works

'Overvaluing or undervaluing artworks, using intermediaries for transactions, creating false provenances, or rapidly trading artworks to create a confusing trail of transactions'

, it's has to be something of value at least worth the amount that they want to buy it for, then they would have a line if buyers that they woud sell over and over again to leave little trace and then the final buyer that would give them their money, if anyone thought of doing that then it must be some long term plan.

You can read more about how arts are used for money laundering here.
https://alessa.com/blog/art-money-laundering-explained/#:~:text=Art%20world%20money%20laundering%20employs,a%20confusing%20trail%20of%20transactions.
66  Economy / Speculation / Re: Buy the DIP, and HODL! on: May 25, 2024, 07:59:31 PM
[edited out]
Perhaps you're probably correct, about your assumption that how much of your discretionary or disposable income is what determines how much you should invest rather than how much you earn, but I'd like to point out to you @Tmoonz that you're wrong from a different view point; bitcoin investment is not a default option in which you must invest what you have at your discretion; it's an important choice that should be taken seriously.


It seems to me that sometimes folks get their investment into bitcoin wrong because they might prioritize it beyond their considerations of their disposable income.. so then they get into trouble.

Sure, there is no problem prioritizing your investment into bitcoin, but it still has to come from your disposable income rather than some abstract decision to buy $100 per week of bitcoin no matter what - and then you end up not even having enough to cover your expenses or otherwise putting yourself into a predicament that could have had easily been avoided with a tad bit more appreciation regarding your budgetary (and psychological) balancing considerations.
Perhaps the word beyond and/or over definitely will put one into some kind of trouble for doing whatsoever whether investment or any kind of thing as long as it takes the extra ordinary it could lead to some kind of predicament but in terms of investing in bitcoin, I do not agree with some folks point of investing the left over of their income into bitcoin which is in disguise put into the word disposable income whereas what they mean is absolutely an unacceptable view of investment in bitcoin to be basically from the fag end of ones daily, weekly, and/or monthly expenses which at the end might end up being some kind of garbage amount that could be less than what is necessary for an investment. But that as it is doesn't mean one should prioritize bitcoin investment to a psychological end of being inappropriate but take it as a necessity.

I really couldn't grasp the first part of your post, i understand that you are proposing that we prioritize our bitcoin investment but that in no way should be out of our disposable income, whether you like it or not our daily needs comes first before investing in Bitcoin and the best we can is to limit some of out extra expenses to get our discretionary income up and invest in bitcoin.

A disposable income doesn't or in no way is the left over of our income, its rather what is left after all our expense has been removed, and with that amount we can chose to invest it in bitcoin, you can't be insinuating that we put bitcoin investment first and then take what is left for expense, we woudl surely regret that cause we can get into unnecessary debt or emergencies due to such poor cashfkow management decision, so it's always going to be better toninvest out of our discretionary income.
67  Bitcoin / Bitcoin Discussion / Re: The difference between gamblers and real Bitcoin investors? on: May 25, 2024, 07:34:41 PM
IMO bitcoin is an asset and can be approached as such, what i see as gambling is when people rush into it just for profit sake and end up screwing themselves up by think in short term and maybe they enter because if FOMO and if bitcoin drops in price they lose some value in their money and end up leaving with a lose.
68  Bitcoin / Bitcoin Discussion / Re: Donald Trump's stance on Bitcoin is changing, the Trump pump is beginning on: May 25, 2024, 07:22:53 PM
I'm seeing this as a political strategy to win voters to his mostly youths and those that are increased in the future of crypto and beside he only said he can live with it and that wasn't an upfront claim that he would make things better.

Anyway many peopel that fought bitcoin in the past are now changing their perspective towards it, so it's no suprise trump is too, just that it was quite unexpected to come from trump.
69  Bitcoin / Bitcoin Discussion / Re: Would you advise a friend in the same way? on: May 25, 2024, 06:47:19 PM
I don't think its right that he approaches bitcoin with all his funds, it should be from his disposable income of his company, you know bitcoin is volatile and you can not guarantee him profit to come along in a short period of time, ifs surely going to take a while for his investment to mature and for him to start seeing profits.

What I'll advice is that he DCA part of his disposable income into Bitcoin with along term approach and after a while he can start using the money to back his business up.
70  Bitcoin / Bitcoin Discussion / Re: Crypto as job salary - Yay or Nay? on: May 25, 2024, 06:36:06 PM
That would definitely be a good improvement if the government were to approve crypto currency as payment for workers pr at least give them that option, but the question I'll ask is which crypto if its some meme coin hell no ill rathe take my chances with fait than having some wanna be volatile junk shit as payment for my work, but if its bitcoin although also volatile at least can last at a price till I trade what I want and keep the rest.
71  Bitcoin / Bitcoin Discussion / Re: How to get your Dad (or Mom) to buy Bitcoin? on: May 25, 2024, 06:32:33 PM
Indeed quite a long text you have written here, I'll rather say its quite impressive that you want to explain what bitcoin is point to point to your old dad, I would hardly believe that he would last more than 5 minutes listening to you or rather get ready for a while lot of questions to be thrown at you, anyway it's good post you made and that's fact.
72  Bitcoin / Bitcoin Discussion / Re: End Goal or Keep HODLing? on: May 25, 2024, 05:58:32 PM
What is noticed is that most people after accumulating a lot of bitcoin just rather keep them and sell them little by little and try to maintain it, you see many people view Bitcoin just like any other asset and see no point in selling it.

Although it's not compulsory to do this, long term approach is the best and after accumulating bitcoin for that time period you can decide to see right after you have gotten to your goal, but personally if I'm able to achieve having lots if bitcoin I'll keep em and apply selling strategies, that's how I see it.
73  Bitcoin / Bitcoin Discussion / Re: Do your parents invest in bitcoin ? on: May 25, 2024, 05:55:23 PM
My dad is more like the no online guy, he doesn't want to hear it not after he was scammed by one website that promised him some huge roi for his investment, although it wasn't much he just tagged it all black, with the high rate of scam going on in the crypto space most older person's are quite cautious with how they woudl like to thread in this section some stay off and other would need a little more convincing to make them do anything, the only person interested in bitcoin aprat from me is my bro but we haven't put as much as we want into it yet.
74  Economy / Gambling discussion / Re: Losing all your fortune with just 3 years on: May 24, 2024, 11:22:43 PM
Gambling addiction Is fucking real and can cause more harm than good to anyone involved, this this has just mealted his finances in less than a year, this calls the need for education on gambling addiction and finding ways to help those thar are already too dip put if that financial pit hole that threatens to destroy them.
75  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you still buying altcoins?? on: May 24, 2024, 05:14:46 PM
I must admit that many altcoins would do well this year and its best you don't get stuck holding any if them, I'd advice if you want to hold anything go for bitcoin it's the best and you won't worry about price dump much, altcoins I would have recommended are already up, bnb, eth im not really an altcoin Person but sure keep buying.
76  Economy / Speculation / Re: Buy the DIP, and HODL! on: May 24, 2024, 02:36:30 PM
[edited out]
Perhaps you're probably correct, about your assumption that how much of your discretionary or disposable income is what determines how much you should invest rather than how much you earn, but I'd like to point out to you @Tmoonz that you're wrong from a different view point; bitcoin investment is not a default option in which you must invest what you have at your discretion; it's an important choice that should be taken seriously.


It seems to me that sometimes folks get their investment into bitcoin wrong because they might prioritize it beyond their considerations of their disposable income.. so then they get into trouble.

Sure, there is no problem prioritizing your investment into bitcoin, but it still has to come from your disposable income rather than some abstract decision to buy $100 per week of bitcoin no matter what - and then you end up not even having enough to cover your expenses or otherwise putting yourself into a predicament that could have had easily been avoided with a tad bit more appreciation regarding your budgetary (and psychological) balancing considerations.


I agree with you on this, just saying we would invest an amount can put us in trouble and in most cases you could end up struggling to meet up to the amount, so it's better to make those decisions based on your discretionary income alone, prioritising bitcoin investment doesn't mean you should over do it or invest all your income into it but rather it should mean that you allocate more from your discretionary income to it or chunk down other expenses to increase your discretionary si that you can get more bitcoin and at the expense of your well-being.

Thete are also some expenses that cannot be neglected, so I'll preferably recommend expenses on enjoyments can be best reduced for bitcoin.
77  Economy / Speculation / Re: Buy the DIP, and HODL! on: May 24, 2024, 09:59:40 AM


I don't think that really makes too sense, having a basic knowledge is far different from not having any knowledge  and that sounds too awkward hence, acquiring a basic knowledge is what is required of before investmenting with hope of learning more on your way up, of which certain considerations or factor are very viable as to that regards which includes:
 
There are basic knowledge one should get before venturing into any form of business or investment, it is going to be a disaster entering into any investment without any basic knowledge.


Read the post again.....  the poster was not actually talking about completely zero knowledge  about investment
Besides 70% of what you listed which is 3 are what you ought to have know before  even thinking of starting an investment in something  like Bitcoin...
Quote

1. Your income flow (understand your the level of your disposable income)  after taken care of your personal needs to a provitional emergency funds

So what are you insinuating here that someone should wait and learn his/her income flow ..... this isn't  what you should  learn it's  what you ought to have understand before even thinking about investment... practically so are you telling people to wait and study their income flow that they have been experiencing for years... or they should wait to see if there will be any reduction in their income flow or probably you just meant they must get a stable income flow before they invest

Both you and Tmoonz are quite on the same page, he is only proposing that at least someone should have basic knowledge before venturing into buying bitcoin, although some of those stuff he listed might take so much time to learn which i disagree that they are important for anyone to learn before getting into bitcoin.

Cashflow management is something that you never end learning, from the first day that you decide to buy bitcoin with 10$ you have already started investing, I understand that a newbie might not have figured out the difference ways to chuck down the expenses to maximize his bitcoin investment but I rather say that he should remain as aggressive as his knowledge can carry cause it might also be that he has not been practing self insurance or have any emergency funds prior to his first purchase, so as je gets more knowledge and knows more about himself and what he can do to better put himself in oder then he can start getting more aggressive and maximize his bitcoin investment.

It's totally wrong to tell someone to learn it all, what you fail to realise is that we never stop learning this stuff, as we progress we improve ourselves and what should have been our risk tolerance or disposable income of yesterday would become bigger and we get more stable in balancing ourselves as we know more. So yeah it's better to get started immediately then grow with the process, I tried that and I'm still learning, if I hadn't started when I did I might not have even understood what most if what Jay or anyone was saying , the process is the best teacher.
78  Other / Beginners & Help / Re: How active can a newbie be daily? on: May 23, 2024, 05:49:28 PM
That's up to you and the activity you fancy on the forum, the forum has an endless topic on various areas that you can learn from, if you love to read there is a lot to read about, if you are talking about forum activity then it depends on how many post you make and you can read more about it here.

https://bitcointalk.org/index.php?topic=1689727.0
79  Other / Beginners & Help / Re: What to do to get merit reward? on: May 23, 2024, 05:44:16 PM
Honest response, merit is awarded by who ever has one and its a choice to give out those merit, so if you haven't been getting merit it means that you might need to give more helpful information to the forum, although there are merit sources that have the job if distributing merit to quality posts on the forum, take a chill pill and relax.

80  Economy / Speculation / Re: 100 Push-Ups A Day Until Bitcoin Is $100K Challenge on: May 23, 2024, 05:35:16 PM
I must admit I've been quite inconsistent in my report here although I have not deviated from my daily pushups and excerise, I really appreciate this thread for helping out in building a habit that has and will ever be helpful to me.

I would give a comprehensive report of my progress since the last time i reported here.

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