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621  Bitcoin / Bitcoin Discussion / Re: It's stupidity to have thousands in Bitcoin using a software wallet on: February 06, 2024, 11:01:48 PM
Hardware wallets are not the end of everything for crypto asset owners, software wallets too, if we properly store them and take care of them, I think they are safe,
There are many people who entrust their assets to software wallets, which is prohibited if you store assets on exchange which is very vulnerable to loss.
Well, true, because there are still pros and cons to using a hardware wallet for your assets. For example, if the hardware wallet is physical, you can still lose it; in fact, you may be more prone to losing using hardware if you are bringing it somewhere, so better store it in a safe place. As the hardware wallet is physical, it is also prone to being destroyed, stolen, or could malfunction at some point if not handled well. While using an online or software wallet, there are also pros and cons to using it, like the fact that you could forget your password and be prone to hacking. But in summary, if you can't manage your assets well, then it will be your problem. It's your responsibility to keep them safe and take layers of security and care. I use both hardware and software wallets but still haven't encountered problems such as losing assets or what because I know how to make them safe and away from anomalies.
622  Economy / Speculation / Re: Buy bitcoin now? on: February 06, 2024, 10:23:50 PM
Currently the market price are at 43k USD based on Coin marketcap and the price of bitcoin get back from price between 41k - 43k so I don't think it is a good thing to buy bitcoin from now because based on mybown analysis there will be a dip will happen. You should brought bitcoin when it dips when the ETF got approved because the dip there is good as if you open a position there then you might have earned a lot now as the price get back to 40k zone. Anyway its up to you what opinion you will follow I'm sure there are more traders that would share their analysis and opinion to the market but for me, no, its not a good timing to buy bitcoin. But you could take the risk if you believe that the price will go up from its current price but yeah too risky the current price now is prone to dip or there are downtrade  that might happen after the price increases more.
623  Economy / Economics / Re: How to avoid over expenses and have discipline on: February 06, 2024, 10:06:18 PM
Well that's the truth just so we can live a comfortable life at all times,it's better to live below your means and the only way you can do that is to reduce your spending.You spend less on clothes,accessories,getting top model of cars and many other things,that way you're left with so much money to save and invest for other financial purposes.
 It doesn't necessarily mean you will deny yourself of your happiness and comfort,In essence, it’s spending less than you earn simple as that.its more about having a smart spending and exercising saving decisions.
Reducing expenses is indeed a very good thing if we can do that, because if we force ourselves too hard to follow current trends, of course the expenses we have will be very large, even the income we have will not be enough to meet the needs we need and what's worse Again, we have to look for a loan that can meet our needs and when we get income, we have to pay off the loan we took.

Choosing not to live in luxury and saving some of the income we have is certainly very good because if we have savings, of course we will be able to invest in our future so we can achieve financial freedom.

A simpler lifestyle will help to reduce expenses if you can prevent yourself following the trends you may able to deal with it, but most of the time people always wanted to have things that's not necessarily needed,  things that's adds up to your expenses,  if you can avoid that you may able to save more money,  with a wise choose of lifestyle and with the knowledge that you can have thru online access you can use those save money for investment.

More on how you choose and how you percept your future,  preparing step by step is very crucial more on how you discipline your own self.
True! Many people now a days are into social media and trends in it; they can be easily persuaded and attracted to something new and trending on the internet, and that's what the promoters and advertisers are taking advantage of. Let's take, for example, the iPhone product. If you are into technology, you will see the difference in technology. For example, in the case of iPhone cellphones, there is a recent release, which is the iPhone 15. If you compare it to the iPhone 14, there is not much difference, but why is it so hyped? And many people are dying to buy it because it has become a social norm or trend to have an iPhone when it has a new release. If you are a practical person, you will see the wrong here, and what you are paying for is not the cellphone's features; it is the brand. That's why I can't understand people dying to have an iPhone despite their financial instability.
624  Economy / Gambling discussion / Re: Provably Fair- How Can You Know? on: February 06, 2024, 09:13:09 PM
You make a fair point.  Simply slapping provably fair on a gambling website does not automatically make their games verified.  Shady sites love throwing around terms like "provably fair" to lure players in, but it's often just marketing fluff.  A truly provably fair site must openly provide the methods and math they use to prove fairness to players.  Users should get access to ways of checking each game is legit. 

Furthermore, nothing wrong with asking questions and getting opinons elsewhere neither before playing or depositing someplace new and  healthy skepticism ain't a bad thing in this industry.
You do have a point, but the thing is, a website or online casino can't show us how they build the game or casino site, or, in short, there are no means of showing us that their games are legitimate and fair. The only assurance we have is that if they are certified to operate in an online casino, then they have complied with the rules and regulations of the laws that are responsible for internet stuff. I mean, there is a process by which they can operate to go online, so I think that's enough assurance for us that they have fair casino games. They build or programme their casino games online, and the result is random. If they do something to make it unfair, then they shouldn't operate, and the laws will notice that and sanction them. So I guess that's enough assurance for us. Of course, we will pick a casino with a good reputation, not just a new and unpopular online casino that might be a scam.
625  Economy / Gambling discussion / Re: Gambling mistake repeated by the gamblers on: February 06, 2024, 03:15:00 PM
Greed is not bad. It is only bad when it is not controlled. It is uncontrolled greed "kills" gamblers. Gamblers who have a strategy or plan in place are less likely to make a mistake twice. Greed is not a mistake the mistake is chasing losses, spending more money than you have already budgeted in gambling, over gambling, gambling with money that they can't afford to lose, loaning money to gamble . These are the he repeated mistakes that should be avoided but most gamblers keep on making.
Greed comes from its meaning, meaning a person cannot be controlled, not even himself. In short, there is no greed that can be controlled; that's why it's called greed. And also, greed is similar to chasing losses. Because of the greed in making money, a person or gambler may come to the conclusion of chasing the losses in order to recover the money, but because of the greed in money, they could control themselves. Greed is one of the most deadly sins, as it can push people to do something out of their character and social norms. It can sometimes be the means of a human doing inappropriate or criminal acts. That's why greed is the most dangerous characteristic a gambler could manifest, because he will never be satisfied because of it. I once got consumed by my own greed, but I never let it take full control of my mind and helped myself to take that greed away.
626  Economy / Trading Discussion / Re: When You trade Do You use VPN? on: February 06, 2024, 09:35:04 AM
No, in the country where I'm residing, there are no restrictions when it comes to the exchange or platform used for trading crypto currency. But because of the recent news that in the Philippines they will start to ban access to Binance, it looks like I will need to use a VPN to access Binance because that's where I do my trades and also my exchanges. Luckily, it is not against the rules and regulations of Binance to use it, so I will need to find reliable VPN software that is trusted and doesn't overcharge, as some VPNs are too expensive to avail of their services.

but still be careful with the usage of VPN. If you have current exchanges or platforms, make sure to know if they allow the usage of VPN because you will not want your account to be banned on the platform, and it is also better to use VPN on a daily basis to avoid malware or viruses scattered around the internet.
627  Bitcoin / Bitcoin Discussion / Re: What does BTC mean to you? on: February 06, 2024, 06:09:22 AM
To me, bitcoin is like a companion, where it not only helps me get the things that I want and need but also helps me find another opportunity. Because of bitcoin, I get to discover new things and develop new skills that help me a lot and that I could use in different fields. Bitcoin also makes me independent from my parents; I don't need to ask for money anymore when I'm in college. Its self-fulfilment is because I can do things on my own accord. I learned to become more indefensible and find things that could bring me income, and it all came thanks to bitcoin because it gave me the urge or hunger to keep on finding what I'm good at and where I can earn money. Even today, I still do bitcoin stuff and will never let go of it as long as bitcoin exists, so I hope bitcoin will still be around.
628  Economy / Gambling discussion / Re: This was my highest risk. on: February 06, 2024, 05:24:55 AM
I'm sure all of us have stories or experiences wherein we put ourselves in situations wherein we take the highest risk ever, and I can say I'm willing to always take high risk if the money I will use is mine, meaning the money I will use to bet came from my pocket, so whenever I want, I can go all in without worrying that someone will be affected as I am. With that, there will be no added risk to the risk that I will already take.

Luckily, you take the risk; it's more like a risk that is worth taking, but remember, not all risks should be taken. You should be able to analyse what risk is worth taking, because if you do so, you might end up in a bad situation. I think the highest bet I make is almost $1000, and I still imagine the feeling of that moment. Thankfully, it ended up well.
629  Economy / Trading Discussion / Re: Learning comes before earning on: February 05, 2024, 11:28:43 PM
...Trading and holding are two different things. Trading requires lots of learning and studying of past events, charts and the market. You won't be able to study all this well if you don't learn well.

Everyone needs knowledge. Otherwise, without knowledge and experience, you can choose to hold such coins for a long time, the price of which, contrary to your expectations, will devalue to zero. And only in this case, both the investor and the trader will be able to make a profit if their choice is based on knowledge and experience.
not just knowledge; it takes a lot of things before you can trade profitably. Yes, you have the necessary knowledge, but you don't have the courage, so a trader should train his mind and emotions in order to overcome the anxiety of trading and to cope immediately, no matter what the result of the trade is. A trader also needs a lot of patience, because it takes commitment and patience for a trader to learn things in trading; without it, the trader could easily give up as he can't take it anymore. Knowledge is the foundation of it, so you better start building the foundation. Just like how we build a home or building, we need a strong foundation in order to continue and keep on growing, and at the same time, your foundation will get stronger and stronger as time goes by and as you keep on feeding it with information.
630  Economy / Economics / Re: What did elon do wrong in Twitter on: February 05, 2024, 10:38:41 PM
Even before Twitter is not a good social media platform, as there are many scammers out there or alters, which is inappropriate for the people who're going to Twitter, more like Twitter is the dark side of social media where anomalies and sex-related things happen, I don't really understand why Elon Musk brought Twitter and removed the employees. I guess he's trying to prove something like bots can replace people, which is not good to him. If he becomes more into AI, then someday he will want the world to be run by AI and ruin the lives of other people as they have been removed from their jobs. But now that Elon Musk is selling Twitter, maybe because he doesn't have interest in it anymore or he doesn't get much profit from it. As it can be seen, the usage of Twitter keeps declining, and we also notice that there are no updates in the social media.
631  Economy / Economics / Re: One of the biggest problem in our society is that average person don't have on: February 05, 2024, 10:14:23 PM
Let's cut the long story short the system doesn't serve us the way we can be wealthy.
Cryptocurrency is here no restrictions no limits and only your imagination how much you can earn.

It never was. What will we expect in this current society? For example, in education, do they teach you how to earn money or how to earn money? No, instead they implant in our minds that you will not get anywhere without a degree, which has some point because that is the requirement of the companies or what, but there are successful people, or people that can survive every day with just their talent and capability to earn money. Because that's what society or higher-class people want; we want to be slaves to money through working, and if you are comfortable working 8 hours daily and doing work beyond your pay, then it's on you, but for me, I will find a way to succeed in life and earn more than my salary, and that's through crypto currency and many more, you just have to emplore and work hard on your own benefits.
632  Bitcoin / Bitcoin Discussion / Re: Could bitcoin become extinct? on: February 05, 2024, 09:56:44 PM
At least you should provide more statements on your topic. I understand your account seems to be new, but you never go anywhere if you don't put effort into your topics. Anyway, what are the chances of bitcoin going extinct? We never know until all the bitcoin is available to be mined; we will never know what will happen next in bitcoin, but as long as the maximum bitcoin to be mined is still not reached, then bitcoin will keep its place and its price, as many more investors are coming and investing in bitcoin, if that's what you mean about bitcoin being instinctive. Many people have wondered how long bitcoin will last, but in reality, we don't have a concrete answer to that; only time can tell what will happen. But as long as bitcoin is there, the important thing is that you maximise its potential for your own benefit. Instead of worrying about bitcoins dimming, why not invest in it?
633  Bitcoin / Bitcoin Discussion / Re: Paid the birth fee using bitcoin at the clinic, by accident. on: February 05, 2024, 09:35:21 PM
The important thing is that they are both safe, and that the doctor was willing to accept crypto as payment.
On times like this we would really feel some relief from our part knowing that we wouldn't have any problem about payments or money.
I experienced it before when I run out of cash or fiat, and only have crypto currency when I was out of town for vacation with my friends.
Yes, the most amazing part is that I'm sure the OP didn't pay in the hospital directly; instead, he paid directly to the doctor, and the doctor will be the one who processes the payment to the hospital, which is a good indication that there will be a way to pay in crypto currency. Luckily, the OP didn't miss the hint or the opportunity to do so.

That's also why we should always have a fiat currency. In sad reality, not all establishments or businesses can accept bitcoin or any crypto currency. It happens to me that I don't have any cash anymore and try to negotiate, but they don't know how crypto currency works. That's why they can't accept the payment. As a last resort, I ended up borrowing money from my friends. So that's the lesson I learned: no matter how we believe in crypto currency, we still need to have some fiat currency.
634  Economy / Trading Discussion / Re: Newbie traders, work on yourself. on: February 05, 2024, 02:00:20 PM
I don't blame newbies relying on others because they are in the learning stage and I know most of us did this during our novice time. There is no problem with that because this is not a long-term bond between the learner and the teacher, it is soon to get separated when a newbie is ready enough to stand and make their own decision.

Doing alone will take so long which is why having someone accompany us helps to shorten the process which I believe that is great. Just imagine that if someone who is better than you will teach you, you can be good also. Of course, we also have to choose the person who can be trusted and the one who also cares with us, not these signal groups and scammers.



I have been through the same situations and the problem at that time was we didn't had a proper guide at that point of time and now we have so many sources which claims to teach the people about crypto trading but it's some random stuff which they do it for money I am talking about YouTube channels which claims to teach them about trading and just run through any random strategy promising higher win rates which are not true. I think awareness is the only thing we need to work on because if you just type anything on internet about trading all you get is some experts claims to teach technique to give hefty returns in short time  that's the problem as the newbie trader's mind is occupied with a aim that they can earn real quick through trading without any understand of the risks associated with it and challenges.


Those scams work because they tell people what they want to hear, when we tell newbies that trading is hard, they will require months of study before they even make their first trade and losses are part of the cost of doing business, this is not what they want to hear, they want to hear that huge profits are awaiting for them and the only thing they need to do is to follow an influencer and do everything they say, so they think that we do not know what we are talking about and we are wrong on our assessment of the market, disregarding our advice and suffering because of it.

That's mostly the problem with newbies  they wanted a quick turnaround and hearing it out from us that it's not as easy as it was they will resort to someone that will let them hear what they want  and once they've got scam they will still put the blame to those who they knew that understand the business,  I guess as someone who knows the drill we can simply ignore and just let them experience things for them to realize that it's not a quick venue to achieve success there's always a need of learning the process.
I have known people who think this way. First, I noticed that some bashers or people who're hating bitcoin or any crypto currency didn't succeed in their investments in bitcoin or any crypto currency. Or some already left away by trading. Trading is very hard, to the point that even an experienced trader with years of experience will still face trade losses. It's normal. The thing you could do is work on yourself, like the OP said, so don't rush. It's much better to have good earnings or profit from investing first in time and effort to study deep in trading and also commitment, as trading will require a lot of patience and strong will to keep on going in trading even if it feels like it's exhausting. And for those who are new to trading, if you will just blame trading because they lose money, then you don't deserve to do trading. Remember, the action reflects the result.
635  Economy / Gambling discussion / Re: Not everyone deserves to hear of your winning in gambling. on: February 05, 2024, 01:42:40 PM
Yes, I completely agree with the OP. Even if you wanted to show off to your friends, relatives or other people, they will probably think about the game and they will definitely have an irresistible desire to play. They will do this with thoughts like “why am I worse than him or other winning players” or they just want to test their luck. And even if the player starts to lose, he will bet more and more furiously with each bet, trying to make the winnings higher than you told him. Behind these stupid actions will be human envy, depression, anger that a person has accumulated, whether at work or anywhere else.

The main thing I want to say is that even when telling someone about our victories, we seem to invite the person to play, but at this moment we don’t realize it, because we just want to show ourselves higher, increase our worth, or just show off like a little boy, and not an adult and reasonable person.
Well, you do have a point, but sometimes it's not bad to share your achievements. Let's put it this way: you are a humble person who is gambling and suddenly wins a jackpot. Now a days, people have the habit of posting on social media about great things to them, so it can't be helpful to share those experiences, just not in the form of flexing or showing off to the people or viewers of your post or story. Also, be prepared, as many people might have different views about you doing gambling. It can't be helped because we are in a social media era where discrimination and saying bad stuff to others are scattered or are becoming a norm or habit for many people. So if you want a quiet life and you are winning at gambling, it's much better to stay low-key and do what you want without someone judging you.
636  Economy / Gambling discussion / Re: Another Two Category Of Gamblers That We Are Not Aware Of on: February 05, 2024, 11:18:31 AM
Is it possible to not have a characteristic that’s not specific to just one category? I mean something in between?

Because for me, there are certain habits that I exhibit that does not fall entirely into one category - seems like mid-way between action gambler and Escape gambler so I’d like to know if there’s any other person who feel the same way as I do.

Same mate! I don't know in which category should I fall because I have some characteristics from both category and it seems like many of us are having the same thoughts?  But I'm much more into Action gambler and I know to myself that I need to become a responsible gambler and I need to stick on what I've planned and started. I won't lie to say that I only gamble to enjoy and have fun, of course I somehow expect to win so that I can have money that I can use to treat myself or my family, but I don't rely on gambling as the only source of income because I have a stable job.
You don't need to categorise yourself; there are definite categories of gamblers, as people can have mixed or different characteristics. In short, even I, as an action gambler, can also be an escape gambler, but based on the OP's statement, it is not clear what kind of characteristics the two types of gamblers have, as some characteristics are contradictory and don't match the category. That's why I'd say it's more like a gambler can be anywhere; he can manifest different characteristics depending on his current mood or the kind of environment he is residing in. But if I were to categorise myself, I would be an aggressive gambler who likes thrills and, at the same time, has fun with those thrills. I could also be a coward gambler sometimes who can't take a risk. So it doesn't matter what type or what category you are in as a gambler, as long as you know your limits and you know yourself.
637  Economy / Gambling discussion / Re: Gambling Management on: February 05, 2024, 09:24:57 AM
What do you think, is this good and can help me overcome losses that will occur so that $$ remains safe and can be used in future betting? Are there other unique ways that you can use to grow your money in gambling? feel free to comment. Thanks
First off, get away from gambling for a while. As you've said, you are already in debt, so if you still continue on betting or gambling, then you're making the situation worse. It's better to recover your losses by doing other things, such as investments or a job. It's hard to have debt, and before you know it, it might be too late. So the solution is yourself. How will you control yourself or the urge to gamble? It's good that you are aware of your current situation, so it's still not too late for you to change and hold yourself back from making the situation worse.

I undergo this situation, but I manage to have my mindset and holdback when I know it's not good, and I also mandatory set myself a boundary or budget so that's the only money I will spend on gambling, so even if I lose, it doesn't matter.
638  Bitcoin / Bitcoin Discussion / Re: Making informed decisions is our responsibility on: February 04, 2024, 11:11:29 PM
Staying informed is no longer sufficient.  Information is everywhere on the Internet.  What matters today is to filter information, but not only that.  You need to be careful as to what information you're even allowing your attention.  The ability to focus your attention is what's valuable. 

Lots of shits on the Internet that can end up doing more harm than good, and most of all we can't unlearn some stuff. Better we do some real filter. But we must still find means to get good information for ourselves, else we would still be victims of ignorance.
Relying on the internet for stuff can be risky and dangerous because they can never know if what they are following is right or not, or it can lead them down the wrong path. For example, in crypto currency, there is a lot of information, blogs, and videos on the internet discussing crypo or bitcoin, but people notice that the information they are giving is lacking, and if newbies read or watch it, they might follow it, but the thing is, what they have learned on the internet is not enough. Yes, the internet could help us if we are resourceful, but for content creators or information providers about bitcoin or any cryptocurrency, you should be responsible about what you state in your content because that's what the listeners, watchers, and readers follow. So if you give wrong or lacking information, it may affect them in a bad way, and if those wannabe influencers stop it, you are ruining people's lives.
639  Bitcoin / Bitcoin Discussion / Re: What's your take on this Robert Kiyosaki's thought? on: February 04, 2024, 10:41:05 PM
Kiyosaki is full of shit. He made more money selling books and being a personality than investing. If he's so smart why isn't he an investor but rather an author? When it comes to investing or trading he's rather average, but knows how to sell himself and his ideas.

I don't understand what he means. I'd like him to explain this idea to someone who bought bitcoin at 60k in 2021. Robert should explain to the guy that he made money at the point when he bought bitcoin. It doesn't matter that it fell to 50, then 4, then 20k... He made money when he bought it Cheesy

Popularity, that's the material those people used, and Kiyosaki is one of them. They start by doing investment or trading at such, but the thing is, they are not good at it; not that bad, but rather, as you've said, average. What they aim for is popularity so that they could influence others, such as selling books authored by them or doing videos at such. This scheme is a common thing right now. Notice how many people are calling themselves businessmen or investors but relying on social media. Think of it: why would they spend more time on social media saying stuff on how to succeed or tips and tricks in life instead of focusing on their business or investment? Simple because they are relying on social media, where they can earn a lot through popularity. It cringes me out at how those big people classify themselves as successful but depend on popularity.
640  Economy / Economics / Re: Luxury and spending lifestyle fastest way to poverty rich kids on: February 04, 2024, 10:22:50 PM
There's a saying that if you are born poor and die poor, then it's your fault, but there are exceptions. Maybe those who are born poor really don't have the capability to be successful in life for some other reasons, such as education or a lack of skills. But if you are poor with the capability to succeed and didn't succeed at all, then it's your fault. But if you are rich and die poor, then there's a big problem with that. Imagine you are at the top, having all you want in life but having wasted it because of some wrongdoing and wrong decision. Then there's a big problem and regret. As for the OP's statement, it shows that the family is irresponsible with their money and ends up losing it all. Remember,  money is not infinite. Even if you are born rich because of your family and it's your turn to inherit the assets and you end up losing them, then it's your fault.
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