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61  Economy / Economics / Re: War will give reason to make different economics blocks east/west on: June 23, 2024, 09:19:27 AM
Op, I think USA want to be strong from any country of the World So USA did attack on  Japan because Japan were progressing and USA could see if any country go ahead from USA . USA country is Dollar and USA is controlling all the World and if you talk about debt on USA government then I will tell you ,every government take debt and Thay is necessary for country growth but I know India is is super Economic power in east and they have no debt to pay but mostly countries are facing debt problem. But debt is due government bad strategies and corruption of politicians and when politicians will not do corruption,the country will stand on its feet but it is very difficult for every country.

Basically, US is still the number 1 power in the world and they have held this position for nearly 105 years since World War II, and what they are doing is finding ways to maintain their position against opponents like China. They do not see Japan as a rival because Japan is their close Asian ally and depends on them militarily.

As for debt to the Government, as you said, that is just the Government's strategy in balancing and promoting the domestic economy. In addition, I think it is a binding strategy of great powers towards other countries, and here it can be said that the US. The US always tries to make other countries indebted and dependent on them. As for America's public debt, I think those are just numbers because they are still the ones holding the world's money printing machine, they have more than enough power to pay off debt by printing money and exporting inflation to the world. 

By the way, do you have any proof that India is debt free?
62  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: June 23, 2024, 09:13:06 AM

Premier League Winners:
https://www.marca.com/en/football/premier-league/winners.html


So it is undeniable that Man City's progress since 2018 has developed very significantly, yes, the change of club owner is also one of the reasons so that they can optimize the purchase of players who are indeed very talented.

For example, if someone still underestimates Man City and says that the EPL position can easily be taken over by another club, then that is not entirely true. It's possible, yes possible. but not ha; The easy one. Because, they will continue to compete. We have seen how fierce the competition between Man City, Arsenal and Liverpool is this season, it is really tight. Therefore, we definitely admit that the EPL is a league that is often said to be the fiercest and tightest because many top clubs come from this league. It's just that, for now, other leagues have actually started to increase again.
Since Manchester City acquisition by huge investor make the history of Premier League changed with usually the big four teams dominance by Manchester United, Chelsea, Liverpool and Arsenal had dominance by Manchester City always secure the top fourth position and won 7 premier league tittle in last 7 season. Dramatically Manchester City break the premier league record by four consecutive winning since season 2021/21 until season 2023/24.

Supported with large amount of financial and Manchester City spent much money for signing any top players make them easily for winning Premier League tittle and dominance almost every season since acquisition by new owner. Manchester City changed the big four premier league team and make their rival Manchester United have out as the big four team in this season after finish on 8th position standing. I don't sure next season Manchester United will get top fourth standings and Manchester City keep one step forward as Premier League winner candidate team.

The whole Manchester City club changed when the ownership of the club changed. Pep Guardiola got a rich owner and after that, they did not have to go back. Guardiola can get the players that he wants. You know Guardiola's side are also very much better aware of Manchester United. Now if they play against Red Devils, they are the favorite ones. Like in the past, a lot of people thought that we should support the Red Devils just because they have a good history. But I do not understand that. I think people should be much more interested in the future instead of the past. And the future is better for Manchester City.

Like Manchester United literally had to struggle a lot to actually even participate in the Europa League. They finished in the eighth position. The only reason the Red Devils have been able to play in the Europa League is because they are the winner of the FA Cup.
63  Economy / Economics / Re: Is Silver undervalued? on: June 23, 2024, 08:53:08 AM
Gold is even more pronounced than Silver. I don't even know where one can fine Silver but at least we all k ow where Gold can be mined. It is about 3 weeks now in Nigeria those who were mining Gold are trapped in the cave, and they are still there and I don't think those guys are still alive. And that is one of the dangerous thing in Gold mining. Because they have to dig in the ground to look for Gold and if the potholes are blocked then everyone die in. And I don't know if there is any modernity to solve this mining technics.

And Silver is also an asset the it would not be devalued in the would because it is useful as others though it might not be value as Gold.

Silver is not more valuable than gold because it is easier to mine and process, and there are more silver resources on the surface of our earth than gold. You don't know where silver is mined because you don't care about it like gold, and focusing on gold has been a human habit for thousands of years and has spread until now. Therefore, it is not surprising that when discussing gold, people are very interested and have many things to discuss, but with other metals such as silver and copper, people do not show any interest.

Not only gold mining, mining any mineral resource also carries a lot of risks because we have to mine deep underground and this is not as easy a job as above ground work as we see.

Silver does not depreciate, but its value is unlikely to increase as high as gold or bitcoin because the demand for it is not so high and as I said, mining and the amount of silver on the surface of the earth is not as scarce as gold.
64  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: June 22, 2024, 06:22:46 PM
However, what must be considered is that Barcelona must start from zero, because Xavi's removal from Barcelona's coaching chair will make Barcelona's progress difficult by changing all the players and getting used to the new tactics implemented by the new coach, not to mention that it will meet expectations, otherwise there is a big possibility  Barcelona will continue to experience losses, because some players' salaries are quite expensive and some sponsors are not yet able to cover them, of course there will be sacrifices to let go of their star players.  What you say is true. It would be impossible to match Real Madrid, because Real Madrid is superior in terms of players, finances and management.
In financial conditions like this, it will be much more difficult to compete with Real Madrid and even Barcelona will also have a little difficulty facing next season because they have to prepare many things after replacing a new coach. Girona and several other teams have also made enough progress so that competition in La Liga will become more competitive and interesting and of course Barcelona must be able to solve this problem so that it does not have a big impact in the seasons to come.

If the new coach is unable to adapt and utilizes the existing players, Barcelona will be even worse next season. Atletico Madrid, Girona and several other teams will definitely prepare much more competent players because they do not face complicated club financial problems like Barcelona.

Ok, can anyone actually tell me why the Barcelona authority decided to let go of Xavi? What was the actual reason? I thought he was actually doing a good job. Especially with the money that he was provided with.

Now Hans-Dieter Flick is going to have to start from zero, yes that is absolutely right. Most importantly the work that Xavi had actually done, is not going to matter now. Because every coach has their own plans and they like to do things differently in general. so it was not a good decision. And now the players that are in the Barcelona squad might also not feel that good. Because Xavi was just starting to bring in players that he wanted. I wonder if Hansi Flick will even find them useful
65  Economy / Speculation / Re: Will Bitcoin Always Be in an Uptrend? on: June 22, 2024, 02:13:54 PM
Well it does feel to me like price of Bitcoin is going sideways right now. We are at this price that is below 70k for some time now.
Binance CEO Richard Teng is 'bullish' for price of Bitcoin. He does think we will break out from the 60k and see gains of higher than 80k.
https://dailyhodl.com/2024/06/17/much-higher-than-80000-binance-ceo-reveals-bull-market-predictions-says-2025-to-be-even-better-for-crypto/
This is why having a CEO that is bullish towards Bitcoin makes more sense when your business is focused on cryptocurrency. The previous CEO will always make statement that will give hope to the minds of traders because he love the market and the current CEO, making statement like this is very bullish too. He is trying to make news of him saying this to spread and it can give the market some uplift and I believe his prediction, I think the market is ready for another leg up and after the dip we could see the market rising up and it can pass $80,000. I do not understand why the market is falling this much as we are already out of the bear market but I see the opportunity to buy more Bitcoin and I will not be missing it.
Having a CEO that is a crypto lover is good for any business really, because it allows companies to make money however they can on it. It doesn't matter if you are a crypto company, or you are just a furniture company, if your investments stay at bitcoin and bitcoin goes up, you can get richer with it and grow your business bigger, and when you grow bigger you make more money and invest more into crypto and keep that cycle going.

I do not know much why it is down right now neither, but I am not worried about it at all, I find that to be normal and nothing big and I believe that we are going to end up with a greater return without a doubt. It may take a while, but it is going to end up being 80k and even 100k and even more than that eventually.

If you want to take a CEO as an example, Michael J. Saylor would be more suitable than Richard Teng. The CEO of a leading centralized exchange bullish on bitcoin is neither surprising nor admirable. But a CEO of another industry investing and being bullish on bitcoin is notable and sounds more appealing.

But investing in bitcoin will not guarantee us becoming rich or our business becoming more developed. We need to evaluate the current situation as well as the business's budget and balance the use of capital for investment and business. They should not be lumped together because the high volatility of bitcoin will sometimes cause our business to suffer if the budget is used incorrectly.

No one wants bitcoin to fall because it reduces our profits, but we also know that bitcoin moves in a parabolic pattern, so we don't need to panic. Instead, we should take advantage of this moment to accumulate more bitcoins if we have any money left, otherwise sit tight and everything will return to normal soon. Bitcoin reaching $80k or $100k is just a matter of time.
66  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be a good investment over stocks in a recession period ? on: June 22, 2024, 01:44:40 PM
Can Bitcoin be a good investment over stocks in a recession period ?

In my opinion, bitcoin is better and that is why we are here and choose bitcoin.

Also, explain why do you feel so ?

Of course, we choose bitcoin because of its profits, bitcoin clearly brings significant profits and outperforms other investments, not just stocks. But apart from the profit factor, bitcoin is far superior as it is not just an investment but also provides us with use cases. With bitcoin, you can manage and store your assets yourself without depending on third parties, you can use it as currency, cross-border payment method...The stock market does not provide you with these facilities other than using them for investing.
67  Bitcoin / Bitcoin Discussion / Re: Winklevoss "Gemini" twins donate $2m to support Trump on: June 22, 2024, 01:34:02 PM
Ouch, it's unfortunate when highly powerful people make decisions like this. Biden's administration isn't friendly to cryptos, I admit it. But I think Trump is just playing a temporary game of pretending to be pro-Bitcoin so that he can get some votes out of it,
I share the same opinion as you, I don’t believe that trump and politicians are worth to trust at all, they are ready to do anything for a vote, changing their positions, opinions, sides for their own benefits. Moreover, crypto and Bitcoin are trending lately and the community would support any candidate that is willing to do good for the market and stop all the attacks from the SEC.
Personally, I think the twins will regret this move sooner if Trump becomes the next US president. I strongly believe the negative impact and actions from the US government will always stay the same or get worse. Never trust politicians, respectfully for those who support any side, I would say this is an opinion of mine and it can be wrong.

Biden is also a politician, is he more trustworthy than Trump? If we talk about politicians, no one is trustworthy and what they do is only for their power and benefits. But Americans and the crypto community do not have a third choice, and we only have the right to support one of the two, and each has their own reasons for which one to support. You and I as well as the Winklevoss brothers are all bitcoin investors but each of us has our own goals so just because we vote for different people doesn't mean they are stupid and we are smart. It's simply a choice based on personal interests.

Trump maybe currently receive more donations than Biden.

According to the report, in May, Mr. Trump's campaign raised $141 million, while Mr. Biden's camp only raised $85 million, but overall there is not a big difference between the two.
https://www.cbsnews.com/news/trump-campaign-says-it-raised-141-million-in-may-compared-to-85-million-for-biden/
68  Bitcoin / Bitcoin Discussion / Re: Why is Bitcoin the Dumbest Thing Ever Invented on: June 22, 2024, 01:02:33 PM
If one day the demand for gold no longer exists, do you think it will still be valuable?
the chances of that happening are far closer to zero than the demand for bitcoin no longer existing. so why don't we just agree that your question is based on a faulty premise that the demand for gold could ever "no longer exist". As long as people exist, the demand for gold will exist. That's not the case with bitcoin. Read that sentence again!

Quote
Also, you're claiming gold has uses because it's made into jewelry and used in certain industries...and bitcoin isn't?
gold is a byproduct of the universe. bitcoin is just a figment of our imagination. if all the computers went away, so would bitcoin. why do i even need to explain something like that though?  Shocked

On what basis do you assert that the demand for gold will never go away, and that the demand for bitcoin will go away? Are you from the future or do you have a crystal ball? What evidence do you have to prove what you say will happen in the future? Or just pure guesswork like me or anyone else?
I don't like to hypothesize "if" because you also failed to acknowledge it when I hypothesized that gold will no longer be needed in the future. Likewise, the disappearance of computers will never happen.


Quote
So the fact that we use bitcoin as a payment method, a store of value...that's not a use case or uses, what do you call that?
i call that something that can be replaced with something else. what can you replace gold with?

Quote
Because bitcoin cannot be touched with hands nor can it be used for jewelry like gold, it is considered useless and has no use case. Is that true in a world gradually digitizing everything we live in?
the chances of bitcoin ending up worthless are far greater than gold ever not having strong demand. make of that what you will.

now with all that said, i think bitcoin is an amazing invention but it could always be replaced by something else and probably will someday by something better. what are you going to replace gold with? silver?

You think bitcoin will be replaced, so what will replace bitcoin? To me, this world is very large and colorful, anything can happen, nothing is permanent.
69  Economy / Gambling discussion / Re: ⚽ Lega Serie A 🇮🇹 (Italian League) Prediction Thread 2024/2025⚽ on: June 21, 2024, 03:42:13 PM
-snip

I think Roma will part ways with some players during this summer break and Abraham should be one of them because like you said above , he missed a lot of last season and that might affect both the club and the player status. It's also EURO where new stars will emerge so maybe Roma will want to transfers some fresh young players after the tournament right ?

Well yea , price will not be great but to keep him just a substitute for next season it's also not indicated because their bench is still strong without him.

Keeping a player in the squad and giving him salary every week is definitely not ideal for any club. for Giallorossi, they will have to look for every opportunity to improve the squad. That's why I said they would have to try to sell the players like Lukaku, Abraham, from such types of players Giallorossi does not find anything useful right now but draining the money of the club. It does look like this is going to make Roma lose a lot of money. Because they will not be able to sell the players at the price they want to sell them for. But it is what it is now. Keeping them is going to make the club lose more money in the long run. If I talk about the player's side it is better to let the player go earlier. Maybe he will also be able to find his form in another club as well.



One of the players to part ways might be Lukaku also by the way. Because his loan is about to expire by June 30. If they can't extend his loan or sign him permanently, losing Abraham additionally would cause them more trouble in the attacking area.

In that case they had better sell Abraham for as high amount as possible to make it worth it.  Smiley  Because Roma isn't a rich team now. They are in huge debt so they can't spend too much money on transfers. De Rossi is keeping his job after a new contract. But he will need to have a strong squad to do better next season. Roma should act carefully this summer.

I'm not saying it is definitely Lukaku & Abraham, it does not matter who the player is.
Roma will have to find unnecessary players and sell them for the most amount of money that they can.
Yes, De Rossi must be very careful in making these decisions.
70  Economy / Gambling discussion / Re: UEFA Europa League 2023/24 Season on: June 21, 2024, 12:01:16 PM
Sevilla does well at this competition, but at the same time they have been consistently at "around" the top at la liga so far, and yet last few years hasn't been like that for them, hence why there are issues. You have to realize, being top six in la liga on/off for 20 years does make a team very good, so that would be understandable and nothing changes.
However, we need to remember also that for past two seasons they have done quite bad compared to the past. Could they recover? of course they can, they have done much worse before and recovered, so I think they will be a good team once again in the future and should not face issues, they just need a couple seasons and they are going to be back at top 10 easily and then top six and just win this competition again.
It won't be as easy as imagined if they basically have bad management, maybe because they have debt which also really has a bad impact on the team. Indeed, Sevilla's last two seasons have been very  bad, but eventhough they were in a bad situation in their first season, in reality Sevilla still managed to get the Europa League  trophy. Although, in their second season it was really difficult for Sevilla to get good results but indeed, on several occasions Sevilla seemed able to recover. However, they still find it difficult to be consistent so Sevilla get bad  results in La Liga and also in the Europa League. But of course,Sevilla is really expected to recover because Sevilla also has a great history in the Europa League.

Sevilla is probably the king of inconsistency in La Liga, lol.  Cheesy

Whatever, I have not seen any other team be as inconsistent as them recently in this La Liga competition. for some reason, Enrique Sanchez Flores lead the team very well while playing in the Europa League. But they are not good at all when they are playing in the La Liga competition. It feels like Enrique Sanchez came with different teams in two different competitions. They were actually under threat to get relegated in previous few seasons. In the end, they were able to avoid the relegation and actually stay in the La Liga competition. But I don’t think that is what was expected from them. Expected performance from them is probably to finish in at least in the top six positions so that they can play in the Europa League competition. I don’t know how long it is going to take them to recover. But things do not look very promising right now with Xavier García.
71  Bitcoin / Bitcoin Discussion / Re: Have you successfully influenced someone to invest in bitcoin ? on: June 21, 2024, 07:57:47 AM
Have you successfully influenced someone to invest in bitcoin ?  What was the final result, did they thank you later for this ?
No.No. I have never encouraged or advised anyone to invest in bitcoin because bitcoin investment is risky and luring someone into this risky investment and incurring losses in that investment will put the entire responsibility on me which is never desirable. That's why I didn't feel the need to advise anyone on this risky investment.

But what about introducing someone to bitcoin? I mean we don't encourage or force anyone to invest in bitcoin but it wouldn't be bad if we introduce bitcoin to someone because this is also the way to make bitcoin more popular. We can introduce bitcoin and provide the necessary documents for them to learn about bitcoin themselves and the decision to invest or not will be theirs to decide instead of us forcing them.

Additionally, I think with its current popularity, surely many people have heard or even know about bitcoin but they are not confident enough to invest in bitcoin. We are people who have knowledge about bitcoin and influence them, this can also be a catalyst for them to be more motivated to invest in bitcoin. Bitcoin is a potential asset these days and missing out on it will make many people regret it so recommending it to some specific audience is not so bad, but don't force them or try to convince them if they don't like it.
72  Economy / Economics / Re: Im waiting Crisis to buy finally land and Property or to build myself on: June 21, 2024, 06:06:20 AM
Yes Im waiting crisis when i can buy finally land and Property everything is so expensive.
But war will make better prices in every bad there is something good war it's not good thing but at least you could buy something cheaper after war.
In other words you are waiting for another war to hit?

You understand that if war does happen, cost of everything will go up, including property? Because old properties might get destroyed, new property costs may rise and so will the cost of living and building something.

I dont know if you have seen a post-war country in real life, but those who have do not give a merry experience. Poverty, miserable life and destruction are the terms they usually apply.

You might have your arguments, but this is my opinion.
I have to agree with you. War does not makes things cheap but everything turns expensive. Otherwise, if you are expecting for cheap properties and assets, probably those might be in trouble and are damaged. It’s still best to acquire land and properties when they are in their best form and condition, rather than seeing then with great damages, something that would be hard to attract buyers at all.

Your mindset might be quite different from everyone here, as you are still waiting for a war to happen before you work out with your plans. Sorry but I find it quite greedy on your part.

That will depend on each item, not all items will decrease in price and not all items will increase in price when a crisis occurs, and it also depends on each country. If the OP is from my country then he's probably right, the prices of essential items such as food, gasoline, electricity...all increased by 30%-40%. But land and real estate prices in my country are quite cheap compared to previous years because the business situation of many businesses is at a standstill, many businesses and stores have to close and return their premises because of business losses.

It sounds harsh and a bit greedy when we take advantage of other people's difficulties to enrich ourselves, but in business it's called strategy. Just like investing in bitcoin, when you want to take profits or want to sell at a high price, there will need to be someone to buy at a high price and they even lose money. But that is how the financial market works, they cannot call you greedy or evil just because you win.
73  Bitcoin / Bitcoin Discussion / Re: Little Bitcoin investment becoming something else on: June 21, 2024, 05:29:35 AM
Best advice to you: make your own decision. The amount that you invested is not so big, I think that it makes sense to continue to increase it, and when you realize that you have received the profit you wanted, in this case, you can withdraw funds. For now, it's more like a lottery for you than an investment.

On what basis do you say that he only plays the lottery when investing in bitcoin? Just because someone invests an insignificant amount of money doesn't mean they're playing the lottery or gambling and aren't serious about their investment. Each person has a different economic situation and they are investing with what they have. It may be an insignificant amount of money to you but it could be a large amount of money to them, you should not underestimate others just because they don't have as much money as you.

More than a year has passed since this topic, I think the OP is mature enough and experienced enough to make his own decisions instead of needing more of our advice with his investments.
74  Bitcoin / Bitcoin Discussion / Re: Why is Bitcoin the Dumbest Thing Ever Invented on: June 21, 2024, 04:18:22 AM

Because it seems none of you actually understand Bitcoin. You just repeat narratives about Bitcoin and at the same time ignore what Bitcoin actually is - a database with data on nothing. A database that stimulates real databases. Real databases contain data on some aspect of reality - for example on the number of actual things or about events that occurred. On the other hand, what is put into the Bitcoin database are units of the number 21 million that an anonymous guy created in their imagination. And then people create narratives trying to come up with a thing held by these units. A thing that doesn't exist in reality. It is both comical and tragic to listen to those narratives.

to an extent what you say is true. bitcoin only has value because everyone agrees it has value. or enough people agree. unlike something like gold that has intrinsic value because it has physical uses.

The value of any asset is determined by supply and demand. If one day the demand for gold no longer exists, do you think it will still be valuable? Also, you're claiming gold has uses because it's made into jewelry and used in certain industries...and bitcoin isn't? So the fact that we use bitcoin as a payment method, a store of value...that's not a use case or uses, what do you call that? Because bitcoin cannot be touched with hands nor can it be used for jewelry like gold, it is considered useless and has no use case. Is that true in a world gradually digitizing everything we live in?
75  Bitcoin / Bitcoin Discussion / Re: What initially brought you into Bitcoin? on: June 21, 2024, 03:34:34 AM
BTCWhat initially brought you into Bitcoin? and what made you stay?
I guess that 99% of all bitcoin users (this is not statistics) are drawn into this industry by greed, namely, to invest $1 and take back $2 (x3, x4 and so on). The rest, 1% (approximately) are interested in the technology itself. Over time, more people (out of 99%) become interested in the technical part. But still, initially, people are attracted by the explosive increase in the price of bitcoin. This is my opinion.

The reason for me to stay was the opportunities that bitcoin provides (one of which is financial freedom) and the fact that I don't know any more attractive financial instruments (that meet my needs).

It's true, we are attracted to this industry because of greed, because of the stories about bitcoin being able to yield thousands of percent profits, not because someone is looking for a payment method as some are saying. Because as far as I remember, in the early days bitcoin was given out for free through faucets, games...it was even used as rewards for ponzi projects, HYIPs...I was quite surprised when some people said they were looking for a new payment method and were attracted to bitcoin because hardly any businesses were using bitcoin as a payment method at that time.

Even in these days, many businesses have used bitcoin as a payment method but most of the newbies to the market are also attracted because of the profit story of bitcoin, they didn't come to Bitcoin because of its benefits. Only those who have been in the market for a long time and have spent time learning about bitcoin will gradually become interested in its technology and use cases, and newbies will come for greed like we did.
76  Bitcoin / Bitcoin Discussion / Re: business ideas related to or involving Bitcoin on: June 21, 2024, 03:09:18 AM
Banks in my country a restricted from making some amount of payments to customers. Businesses and individuals have a limit they can withdraw or transfer. This limitation is affecting businesses that need to make payments both locally and internationally. I know some importers who are having problems with their international partners because of this problem. Convincing them to accept Bitcoin and providing such services can be profitable.  Having a payment service where the firm can help individuals and businesses make payments using Bitcoin will be a good one. This service can help businesses invade this restriction affecting them negatively.

As far as I know, as a businessman or entrepreneur, you will receive more special benefits from the bank than ordinary users. Banks will provide more services and incentives to business customers so I am a bit surprised that banks in your country are introducing restrictions on businesses. That not only hinders the development of businesses but also directly affects the interests of banks and the country's economy. What happens in your country is completely opposite to my country, banks in my country always offer the best incentives and policies for businesses because they are big, potential customers.

If your business wants to use bitcoin and persuade partners to use bitcoin as a payment method between the two parties. It is a good solution because bitcoin will solve the limitations set by banks but you need to consider its volatility because bitcoin does not always increase in price and bring more profits. If it is dumped, how will you and your partner handle it? Using bitcoin as a payment method for businesses will also have pros and cons, it is not as perfect as you think.
77  Bitcoin / Bitcoin Discussion / Re: Can You Memorize Your Recovery Phrase? on: June 20, 2024, 04:52:54 PM
Indeed, it would be better if we wrote it down and kept it in a safe place, because by memorizing it we will not necessarily be able to remember it well and it could be that after memorizing it and rarely opening it, it is very likely that we will not be able to remember it well. I think it would be better if we wrote it down. and save it in the right way that we can easily remember and also have to tell people we really trust and it's better if we save it in several parts so that we can remember well where we keep the wallet key, because if we don't remember where we save it then the assets What we have collected will be lost along with the wallet key that we have saved.
Indeed, memorizing the initial sentence is not recommended in this case, this is carelessness for the person. Thinking about how to keep assets safe, there are many ways that people think about how to protect them, some write them down and then store them in a safe, there are also those who buy steel plates online and then string together some of the letters. into a sentence and then put it in a safe place to keep it. there are also who put it in email, meaning he created a new email without being contaminated with anything and then he linked it to 2fa. Yes, this depends on how the person uses it to protect their assets.

In my opinion, memorizing the seed phrase is not a bad idea because it has advantages such as we will never have to worry about others stealing it or being able to use it at any time. But we need to think about its downside: if our memory fails and it is the only backup, we will completely lose access to our bitcoins. It can be seen that this method has more disadvantages than advantages it brings, so it is really not recommended.

In general, each method will have advantages and disadvantages, so it wouldn't be bad if we combined 1 or 2 methods to achieve maximum effectiveness.

OP, why don't you try combining phrase memorization with one of the methods people have mentioned?
78  Economy / Trading Discussion / Re: Why do many people fail in trade? on: June 20, 2024, 04:29:45 PM
Actually they did not fail but were too weak so in the end gave up and left a huge loss, the logic is if there are some people who can achieve success in the world of trading then why can't you achieve the same thing? or why are there some people who fail? I understand that failure is common, but that doesn't mean you don't have a chance to succeed, meaning that a trader who manages to achieve success in the world of trading is those who never give up and always make failure as a lesson to get better.

I have fought against the criticism that trading is a waste of time because most of the results from trading are losses, just because they fail at trading doesn't mean others will too. But that doesn't mean that when you see someone succeeding in trading, you think you can do the same thing as them. Because each person has different strengths, maybe that formula helps others succeed but you will never be successful when applying that formula, you need to remember that success cannot be copied.

In investing or business, failure is normal, and when you fail and choose a different path does not mean you are too weak. I'm not saying you should give up if you fail, but you should also reevaluate whether your choice was the right one and whether it's right for you. You need to make other choices instead of persisting until you lose everything. What I want is that the people who give up trading and choose to hold for the long term are not weaklings but they realize that they are not suited to trading and that holding is better for them.

79  Economy / Trading Discussion / Re: Weighing the Pros and Cons: Perpetual Trading on CEX & DEX on: June 20, 2024, 03:35:42 PM


CEXs offer leverage, user-friendly interfaces, and advanced tools, but DEXs provide security, decentralization, and control over funds. While CEXs have better liquidity, some DEXs like ZKX are catching up. Ultimately, it depends on personal priorities and trading styles. If leverage and UX matter most, CEXs might be the way. But if security and decentralization are key, a DEX like ZKX is the better choice.
What you called DEX are not decentralized at all. You can browse and read about how they work and see how centralized they also are but not completely centralized like those centralized exchanges but also they are not decentralized. If it is about security, those DEX can be hacked also. We have seen CEX that were hacked and also there have been DEX that were hacked.

Saw a thread here arguing dex are unhackable..I laughed it off ahah.. anyways which do you prefer using for traders. ??


As _act_ explained, those exchanges are also not completely decentralized and they can still be hacked, they are not quite as secure as you think. Not to mention, as you know, they have low liquidity and higher fees than top centralized exchanges like binance or biget. Everything is so clear, I think you already have your own answer instead of wanting everyone to confirm it again for you.

Once you want to become a trader and want to make money through spot or futures trading then I think you will have no better choice than centralized exchanges. CEX has large liquidity, many trading pairs, low trading fees as well as providing high leverage...clearly CEX is superior to DEX in this aspect, we should not deny that.
80  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: June 20, 2024, 03:22:06 PM
Barcelona actually could have been near extinct if they did not have so many loyal players. Especially with the financial situation that they are in right now. But of course, they have a very big legacy and these players actually want to be a part of the legacy of Barcelona and that's why they are so loyal to Barcelona.

By the way, Fermín López is a good player. he helps the team a lot. He also has a good work rate. Scored eight goals in this season but his contribution to the Barcelona squad was more than that. I think Barcelona should and will give López a new contract.
Fermín López is a very talented player, he is another player who has managed to break into the first team since Barcelona was still managed by Xavi Hernandez, his performance is also very good, making several other clubs want to get his signature. Barcelona could sell him if there are no other options to get the club's income, but Fermín López is the most valuable future asset, he will be the successor to Xavi and Iniesta in Barcelona midfield. Instead of releasing Fermín López, it is better to sell De Jong, who burdens the club with his high salary, Barcelona can get some money and reduce the burden on the club.

I actually am expecting Barcelona to make some stupid changes again. If you think about it, Barcelona is actually prone to making many mistakes right now because they do not have the necessary amount of money. So they will always be under some kind of pressure & under pressure mistakes. At least that’s what I can see. It is going to be a stupid decision if they actually did let Fermin López go. This midfielder is performing pretty well for the club. He is also contributing with his goals, last season López was able to net 8 balls without any assist. Without López midfield area of Barca will be turned into fragile, Barca should keep him.

Barcelona had a problem previously. It was that Barcelona was giving too much money to the players as salary. I don’t know if Barcelona has actually faced such problem or not. But paying a high salary is definitely a big problem it was one of the main things that actually draining the financials of Barcelona. So I agree with you they should sell those unnecessary players who are draining the financials.
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