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601  Other / Beginners & Help / Re: Unstable prices of cryptocurrency on: December 14, 2023, 03:06:16 PM
You bought bitcoins because the price of bitcoins only increased but you may not have thought that the price of bitcoins will not only increase but may go down sometime. Markets never go in one direction, some times go up, some markets go down and that is the habit of the market. To catch, you bought Bitcoin at the time when the price of Bitcoin reached its highest level, hoping to make a profit, but unfortunately the price of Bitcoin is now slightly below your purchase price. There is nothing to be disheartened even if it is slightly lower than your purchase price as we have seen the market turn positive again since yesterday. Just be patient and hope the bitcoin market pleases you very soon.
602  Other / Beginners & Help / Re: How can I start investing in Bitcoin? on: December 14, 2023, 01:29:38 PM
It is important to know how much money you decide to invest in Bitcoin in the first place. Since you want to know how to directly invest in Bitcoin, we can assume that you have little knowledge about investing. If you really don't know much about investing then first get an idea about investing in Bitcoin and also try to get a real idea of investing by investing some amount of money. After gaining enough knowledge about investing, buy bitcoins with the amount you want to start investing with and keep holding that investment. After investing, you may see a temporary loss of your investment capital due to the volatility of the market, but you must be patient and trust your investment.
603  Economy / Gambling discussion / Re: Ever heard about financing a gambler? on: December 14, 2023, 12:49:19 PM
Surprisingly, funding a gambler is a gamble. Like you, I think this is risky. Why? Since the financier becomes an indirect player, sustaining losses without the joy of the game. Almost like a shadow gambler, invisible but involved. Shouldnt risk be assessed for sustainability rather than short-term gains?
Exactly. Why finance a gambler if you can do it yourself? At least you can enjoy the game even you're not fortunate to win. Because in gambling, profits are not guaranteed. Therefore it's not a wise idea (if you value your money) to finance someone to play if the chances of gaining from gambling is just based on this player's luck. Anyway, if you decided to take risk by financing a gambler, might as well consider your money as a throw away so you won't be disappointed if worst case happened.
Gambling usually requires us to take maximum risk of money. Where one has to rely more on one's luck than one's own skill, it is natural that the risk of money will be highest. Gambling falls into several categories and depending on the category, some gambling directly depends on luck and some gambling depends a lot on one's gambling skills. I am ready to risk only my money but not ready to risk anyone else's money. I gamble myself because I have control over gambling but there are many people who ask me about gambling but I don't advise everyone about gambling. If I had advised everyone about gambling then most of the people who have come to me for gambling would have blamed me for losing money in gambling.
604  Economy / Gambling discussion / Re: A gambler takes his own life after a loss. on: December 14, 2023, 11:46:40 AM
This is a sad story and this must have been that the victim risked almost his life savings, however I wonder why someone will do such to the extent of taking his own life because of money,nothing worth to compare with life ,if there is life there is hope and he can even make more that money as life goes on ,this is why it's necessary we always stick to risking what you are capable of losing each time you are taking a risk in the gambling world. The victim took his case to extreme, if it were to be someone in this forum he would have come across a lot of post or thread talking about how to manage risk.
What I can feel is that people are very destitute and depressed when they lose their money, but when people are in a lot of debt and that debt is damaged, they feel extra stress and because of the extra stress, they take decisions like suicide. The person that OP shared the incident must have lost all his money and also he may have taken extra money loan to recover his money and the money he took loan may have damaged that is why he took such a big decision. He felt that he might never be able to pay off his debt and never earn the amount of money he had lost. From such thoughts he may have made death easier. When I hear such incidents, my heart shakes without knowing how people can give their lives.
605  Other / Beginners & Help / Re: Need advice on getting merits on: December 14, 2023, 09:40:52 AM
Merit must be earned to increase one's rank and to earn that merit a user must create good quality posts. If the user creates good quality posts and his posts are very informative and other members learn something new by reading his posts then he deserves merit. You may post to the forum but not all posts will be considered eligible for merit. If you think your contribution is to gain merit then you can't make your post very informative but when your aim is to post good quality and informative post in this forum then you can post good quality. If the post is of good quality then surely you can earn merit. The first focus you should have is that you must post good quality.
606  Economy / Trading Discussion / Re: Trading on: December 14, 2023, 08:58:07 AM
Those who are successful in trading know how to control their emotions know how to control their greed they are strong enough mentally and they never make decisions on emotions. Trading is not that easy, to profit from trading you need to be patient, trust the market and take risk, the most important thing is to understand the market. If we understand the candles correctly then trading will become easier for us. We need to have a clear idea from which position of the candle the market can go down or from which position of the candle the market can go up again. The more we understand about trading charts the easier trading will be for us. Along with mental toughness, patience, a trader must have a good understanding of trading charts.
607  Bitcoin / Bitcoin Discussion / Re: Security is important in Bitcoin on: December 14, 2023, 08:17:08 AM
Safety is important in every case. If you keep money in a bank, you will look for adequate security there, if you invest, look for an investment platform with more security, if you go somewhere, look for a good and safe hotel, that is, everywhere our security is given the most importance. If we are apathetic about security when it comes to investing in bitcoins, then we need to take maximum security then invest in bitcoins and try to hold on to that investment. Hardware wallets are considered as the most secure wallets and investors prefer to use such wallets. Exchange wallet is not safe now because this exchange has cheated us and money laundering cases are going on in the name of some exchange ie if for some reason exchanges cheat people again then the loss will be ours. Considering all these things we must be careful and take safety measures.
608  Economy / Gambling discussion / Re: Which one is fun, watching with bet or without a bet? on: December 14, 2023, 07:43:59 AM
When I bet on a team I try to watch the whole game and if it is a football match then it doesn't mean not watching the whole time. There is a big difference between watching a game without betting and watching a game with a bet. When you watch a betting game, the team you bet on will feel like your own and it will be hard to accept if that team plays a wrong game. That's why I watch football matches in full for betting because up to 90 minutes there is a chance of the result changing but I don't do that in cricket. In cricket, victory or defeat can be decided long in advance, so there is no need to watch the entire game. There are some gamblers who can't bet and watch live games because they feel that watching the results will be good for them because watching the games can make them overexcited.
609  Bitcoin / Bitcoin Discussion / Re: Looking forward to invest on: December 14, 2023, 06:27:42 AM
You don't know what coin to start? And that's why Bitcoin is the best coin for you to start buying, there's no need for you to get on that much with most altcoins when you're still beginning although no one stops you from doing that.
Bitcoin may be the best choice to start investing in OP's new state. Deciding to invest in any coin other than Bitcoin in a new state is more risky. An investor who is new to investing has less ideas about investing then again if he invests in a risky coin but at that time the investment will be much more risky for him. Investing in Bitcoin in the beginning requires holding that investment as well as gaining a new understanding of investing. When the investor tries to learn about investing in a new way, he will have an idea of how long he should hold that investment after investing in Bitcoin and how much he should increase his investment.
610  Economy / Gambling discussion / Re: Gamblers should not believe in first game win trap on: December 14, 2023, 06:19:38 AM
If a gambler gets lucky at the very beginning of a gambling game, it is difficult to stop him. After the initial profit he will feel that the next steps will only bring him profit and he will try to gamble with more money thinking this. Whenever he tries to gamble with more money later, if his luck doesn't help him, he can lose his money. In the beginning, without being so greedy or in such a hurry, he should try to learn, try to understand and try to be patient. If a person loses money in the beginning of gambling, he will think several times before taking the next gamble whether the next gamble is right for him, but if he wins in the first gamble, he will be restless thinking when to take the next gamble. Gamblers in the new state need to be very careful and control their greed to avoid huge losses.
611  Bitcoin / Bitcoin Discussion / Re: You must have a source on: December 14, 2023, 05:17:35 AM
Holding one's investment for a long time is very challenging if there is no source of income. When a person earns money, he can meet his needs with the money he earns, but when he has no external income and only his investments, it may not be possible to hold on to his investments to meet his needs. If an investor has a job or is engaged in some income but he will have a thought that money will come at the end of the month due to which he can hold his investment deeply instead of selling it. On the other hand, if there is no source of income, he will be forced to sell the investment, let alone hold the investment. If we have a source of income, it will be easier for us to hold the investment for a long time.
612  Economy / Gambling discussion / Re: Have you ever been a gambling addict? on: December 14, 2023, 04:39:22 AM
Probably people do not immediately become completely addicted, so to speak, “on the first try,” so even if a gambler has reached such a state that his brain does not work, then “winding back time” you can come to the moment when signs of addiction were already there and the brain was working, but the gambler did not take any measures to prevent the habit from developing into a pathological form, right?
Therefore, I think that even if a gambler is already in a state where he cannot control himself and take a break, this is still his fault and area of responsibility.
It is true that a gambler does not suddenly become addicted to gambling rather every gambler realizes that they are becoming addicted to gambling. Knowing that they are getting addicted to gambling, they cannot bring themselves out of it because then it works in their minds that they must make a profit by gambling. A gambler can recover from a gambling addiction through many challenging situations, but when a gambler realizes that he is addicted to gambling, the gambler cannot recover from that situation. A new gambler will not become addicted to gambling when he is very weak with money and when he does not have much courage to gamble again after losing money. However, those who are a little more stubborn and who are not very weak towards money usually get addicted to gambling.

I would call it common sense and not lack of courage  Grin If you are doing something that brings you a loss, it is better to stop it as soon as possible, and not hope that “suddenly everything will change in the opposite direction.”
As for the relationship between wealth and how easily a person succumbs to addiction, I don’t think it’s direct here, it’s the same as arguing that the children of rich people become drug addicts because they have everything. I think complex factors matter.
Drug addicts don't understand the rich and the poor, those who live in the slums next to the railway line or those who live on the streets or those who live in poor families have many drug addicts. Maybe those who have a lot of money drink lavishly but those who don't have money drink as much as they can but the two are the same. Children of many rich families are in very good condition and they do not even smoke cigarettes, let alone drugs. How you raise your child or what you teach your child will depend on whether your child will be addicted to drugs or good. Children are not addicted to drugs regardless of whether they are rich or poor, but because of the environment and the environment in the area, most of the children are addicted to drugs.
613  Economy / Speculation / Re: Buy the DIP, and HODL! on: December 14, 2023, 04:03:26 AM
Since the price of bitcoin has down from $44,000 to $41,000, so I think a buy on dip strategy is worth considering now. I don't think such a correction will last long, especially since the halving and ETF have been the reason for the big rally. Personally, DCA isn't really needed right now, lump sum seems to be the best option.
Buying Bitcoin with a lump sum is never a bad strategy, but if you know too well that buying with a lump sum will stop you from taking care of your financial needs, don't buy with a lump sum strategy, because you think Bitcoin will never dump again, and you will see your Bitcoin even when you at a loss to solve your financial challenges. You can continue with the DCA strategy in accumulating your Bitcoin which allows you to solve your financial challenges easily while you are on your Bitcoin accumulation journey.
Investing is not a one day investment and you cannot gain everything from investing in one day. Investing is for long term, in case of long term investment only we need to invest more amount of money but not at all like that. For those who start investing with 50 dollars, 100 dollars or 200 dollars in the first situation, but starting investment is not wrong. If there was a rule in the field of investment that once an investment is made, the person cannot increase the investment, we would need more money to invest, but we can invest with a minimum amount of money and we can increase the amount of our investment if we want.  

I started investing with less money now my investment amount is much higher. Investment amount increased so much not only profit from investment but I tried my best to increase investment amount and when I had money I invested in Bitcoin instead of saving the remaining money. Over the past few years, I have invested in the highest and lowest Bitcoin prices. I have invested during the highest prices, I have invested during the lowest Bitcoin prices, and I am still investing. Thinking about strategy in investing.

Of course, everything that you are saying in regards to difficulties to keep cash on the side is correct, and so if a person had invested aggressively into bitcoin, and had not maintained enough of an emergency fund, then surely there could be problems in regards to how to deal with such emergency, but of course, at the same time, as the money regularly goes into bitcoin, it may well be less of a temptation to tap into it because it is already channeled into an investment that you may well do not want to touch for quite a long time, perhaps 4-10 years or longer..
It has been my experience that different financial requirements arise when one plans to keep a large amount of money with oneself. When I bought the bike I had enough money to buy the bike in the first place and when I went to buy the bike with that money the bike showroom told me that after a month the new design bike will come and the new design bike will be good for me. According to them, I went home to wait for a month and left the money with my mother but after some time father's business needed money and then he had no other way and he spent the money on my bike. If I had bought the bike the day I went to buy the bike, but my father never sold my bike and took the money instead he used to manage the money in some other way.  

Similarly, if we wait for a long time by saving money to invest, then the money will be spent if necessary and it is more likely, but if the investment is made, then we will not want to sell the investment and spend the money in another way, but we will try to arrange that money in some other way. Investment decisions should be implemented before one's state of mind changes.
614  Bitcoin / Bitcoin Discussion / Re: Bitcoin feels like a Western-type Democracy... on: December 14, 2023, 03:16:16 AM
All the scenarios you put forward for Bitcoin scalability problem are far from the realistic scenario. It is true that Bitcoin transaction fees are currently high, but the blocks are almost full and confirmation times are instantaneous for large transactions. If you want to send $1,000 or more, Bitcoin fees are low (unless the number of inputs are Extremely large)
There are many suggestions for solutions to this problem and for small transactions, in which case you may not have to pay a lot of fees, such as the lightning network and side networks.
It is possible to transfer bitcoins from one exchange account to another exchange account with a relatively low fee, but for those of us who use mobile wallets, there is no such opportunity. Transferring BTC from mobile wallet to exchange wallet will cost me $50 per transfer for each transfer. If I am transferring $100 to $200 and if I have to pay $50 fee to transfer $100 to $200 then how do I transfer my BTC with this extra transaction fee. While not a problem for big traders, it is a big problem for small members like us.
615  Economy / Gambling discussion / Re: Bankroll! on: December 14, 2023, 01:45:11 AM
I gave up excessive greed a long time ago, seeing that I have given up excessive greed, maybe now I am much better after gambling. Earlier the expectations were high and the amount of greed was high due to which the maximum amount of money was lost during that period. When gambling, I usually don't calculate how much I've won each day, rather I see how much I have left at the end of the week. Gambling will not give you profit every day, some days you will lose, so the exact result is not available on a daily basis. If my profit is $100 to $500 per week I am happy with that. Reduce greed and be satisfied with less so gambling now doesn't cost much money. I bet on Bayern Munich last night between Manchester United and Bayern Munich and I managed to win a lot of money.
616  Economy / Gambling discussion / Re: A gambler takes his own life after a loss. on: December 13, 2023, 04:10:49 PM
The young man you mentioned may have reached the peak of his gambling addiction and because he was fed up with losing money gambling, he chose suicide rather than living this way. Stupid people make such decisions, luck is not helping gambling has lost money so he will commit suicide for once he should have thought that his parents did not raise him well enough to commit suicide. This guy may have come on live so we know about his suicide but secretly there are many people who choose suicide as the right way to lose money. The boy who committed suicide had someone by his side and motivated him during his depression, maybe he could have come out of the decision to commit suicide. Gambling may have cost him a lot of money and he may not have been able to come out of his loneliness which made suicide seem right to him at that time.
617  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: December 13, 2023, 02:08:17 PM
Bayern Munich beat Manchester United 1-0 in their last Champions League match. This match against Bayern Munich was a home match for Manchester United and Manchester United did quite well considering the home match. While Manchester United lost by three to four goals in other matches, they lost by just one goal in the Champions League match against Bayern Munich. If Manchester United could have drawn against Bayern Munich it would have been the best result for Manchester United but Manchester United could not get a point. Bayern Munich were unbeaten in the Champions League before the match against Manchester United and after the match against Manchester United they are still unbeaten in the Champions League.
618  Economy / Gambling discussion / Re: Are you Spending more or less money on Casino this Holiday season on: December 13, 2023, 01:15:34 PM
I’m actually surprised that the majority won’t be spending more money in casino because it is common that people start looking and deriving means to get Christmas money. Just like most people gamble because they have a financial problem they want to settle, some would do it more because they have a place they would have love to spend some time this Christmas and need to make the money from somewhere (and they always want the money fast too, haha).
Not every gambler gambles only for financial reasons but some gamblers only gamble for entertainment. Just as we play cricket, football, badminton and other sports for entertainment, there are people who gamble for entertainment. Gambling is difficult for those who have financial weakness because managing money for gambling is not an easy task when having financial weakness. Not everyone gambles at this time of December, rather those who are already involved in gambling prefer to gamble a little more but those who are not involved in gambling may spend the extra money on other activities. Whether a person gambles or does something else when they get extra money is entirely a personal decision, but we can only assume that when gamblers get extra money, they spend a portion of that money on gambling.
619  Economy / Gambling discussion / Re: UEFA Europa League 2023/24 Season on: December 13, 2023, 12:41:59 PM
Liverpool's squad is quite strong. And when compared to all the other squads in the Europa League, it can be seen that Liverpool's squad is the strongest. And Liverpool have the potential to win the Europa League title. But Klopp's main goal is to win the Premier League title. And then he will probably want to win the Europa League title.
Liverpool qualified for the Europa League for the first time this season and are one of the favorites to win the Europa League title for the first time ever. Considering the players and current performances, there is no team that has a chance of beating Liverpool. Since Liverpool is far ahead of all other teams in the European League, it is assumed that Liverpool will be the European League champion at the end of the season. If Liverpool win the Europa League title this season, it would be good for them not to qualify for the Champions League on the one hand as they will be able to taste the Europa League title for the first time.
620  Economy / Services / Re: 🚧[OPEN] [banned mixer] | Bitcoin Mixer | Signature Campaign ~ Up to $130/week on: December 13, 2023, 11:59:09 AM
Good news,

The Coinomize team has confirmed that we are continuing the signature campaign on Altcointalks.
As for the rates per post, that is yet to be decided. The official launch will be on Dec. 31st.  Wink
To join the discussion about their service, you can visit their official Altcointalks thread here: https://www.altcoinstalks.com/index.php?topic=312735
This is great news for us, I have already teleported my account and several members of this campaign have already teleported their accounts. Looking forward to a great start to the new year with the Coinomize team and @julerz12 on a new forum.
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