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641  Economy / Speculation / Re: Bitcoin price guess, 2023 on: October 10, 2023, 09:22:48 PM

I think 2022 is similar to what we have seen in 2019, that's how far my experience goes in bitcoin investment. It's obviously prior to the halving, and maybe I was not really prepared because we just have a good year at the end of 2017 and 2018 is not that bad either.

But in any case, we are almost at the end of 2023 and it's not as bearish as in 2022 as obviously we have our lowest low in 2022 and now we almost doubled that lowest price of $15,500 and as per the votes here, members are looking at like $30k'ish so hopefully we can meet that price at the end of the year.
2018 was one of the worst years for cryptocurrencies. After that was 2022, I guess those two years are about the same in terms of negativity. By the way you are correct when you said about halving. Historically, halving has been followed by a rise, and this cycle has happened every 4 years. So the last few bear markets are cyclical as well.
In several articles that i have read, there are quite a lot of people who doubt that the next halving will make the price of Bitcoin rise as high as in past history but they cannot reveal with certainty what underlies them for making such a view, i myself am sure that the halving will increase bitcoin price up several tens of percent and there is even a possibility for bitcoin to make a new ATH during the halving, well we are still a few months away from celebrating the bitcoin halving, for the prediction of the price of bitcoin until the end of 2023, i am sure it will not be more than $40k.
642  Bitcoin / Bitcoin Discussion / Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻 on: October 10, 2023, 06:51:35 PM
The results of Bukele's fight against crime in El Salvador are still yielding good results.  The Norwegian cruise ship Fridtjof Nansen docked in the Salvadoran port for the first time this cruise season.  About 200 tourists from Europe, the United States and Canada sailed on the liner for excursion purposes and to see the sights of the country.  Local people naturally welcome guests well.  And for these residents who work in the tourism sector, this is quite a significant event.  They all hope that there will be many cruise ships and foreign tourists in the future.

source 1   source 2

can we clone great thinkers like nayib bukele to become leaders of all countries around the world lol.  He continues to demonstrate his success as a leader, apart from successfully improving El Salvador's economy through the adoption of Bitcoin and other policies, he has also succeeded in making El Salvador a country that is safe from bad guys (tourists will be comfortable visiting a country if the country is categorized as a country with low crime) 

anyway, i really like his Twitter status which is neutral and knows which ones are actually "evil".
Quote
As a Salvadoran with Palestinian ancestry, I'm sure the best thing that could happen to the Palestinian people is for Hamas to completely disappear.

Those savage beasts do not represent the Palestinians.

Anyone who supports the Palestinian cause would make a great mistake siding with those criminals.

It would be like if Salvadorans would have sided with MS13 terrorists, just because we share ancestors or nationality.

The best thing that happened to us as a nation was to get rid of those rapists and murderers, and let the good people thrive.

Palestinians should do the same: get rid of those animals and let the good people thrive.

That's the only way forward.
[1] https://twitter.com/nayibbukele/status/1711220281820278875
643  Economy / Gambling discussion / Re: If we lose in gambling, what do we need to do? on: October 09, 2023, 06:24:47 PM
Gambling is a place to spend money, although many gamblers consider casinos to be a place to earn money. But in reality, more gamblers lose their money at casinos or gambling sites. So I think all of us here probably have almost the same experience, namely losing a lot of money gambling

I also lost money because I lost on gambling, but maybe not that much. But I know there are people who spend a lot of money for gambling. In your opinion, what should we do if we have lost a lot of money on gambling? Do we keep gambling to win so we can cover up previous losses? or stop and work normally and leave gambling? Or do you have other suggestions?
All gamblers must have lost big, i have also experienced that, but i didn't stay down for long and was able to get up.  The thing you must do when you are losing at gambling is to reflect for a moment and think about what things made you lose at gambling and usually people lose at gambling because they don't have a good plan about how much capital they will spend and when they should stop play.  Gambling is an activity like a double-edged sword, as long as you are able to control yourself so as not to go too far then you can definitely avoid defeat.
644  Other / Off-topic / Re: Mobile Gaming (ALL) Thread on: October 09, 2023, 01:24:02 PM
You missed the Strategy games
Thank you @julerz12 for reminding, i have included the game strategy in the list.


I haven't heard much about Fighting games around here, although I'm a fan of Tekken and Mortal Kombat.

The last MOBA game I played was:

1. Mobile Legends: Bang bang >> I'm still playing it up to this day because there are numerous events to earn free skins. Plus, it's Moonton's 7th anniversary as the developer of Mobile Legends, so there are plenty of exciting events.
currently i'm also playing mobile legend bang bang on my smartphone, well my rank is still epic ll, it's very difficult to get up to legend because this is the start of the season and i'm more comfortable playing solo Cheesy
645  Other / Beginners & Help / Re: Dangers of trading on: October 09, 2023, 01:14:02 PM


Trading can be a wonderful venture, but it comes with its share of dangers.

One of the primary risks is financial loss.
The volatile nature of financial markets means that everyone suffers loss.

Irrational decision-making is another pitfall; fear and greed can lead to impulsive actions that erode capital.

Overtrading, where traders make excessive trades, often results in losses

Lack of knowledge is yet another issue;

trading without a solid understanding of markets and strategies can be disastrous.

To navigate these dangers, traders must educate themselves, practice sound risk management, and exercise discipline in their trading activities.
This type of topic has not been discussed once or twice, but for educational purposes, topics like this are important to continue to discuss.  Yes, trading is an activity that is both profitable and high risk, but there are many people out there who have proven themselves to be competent traders, that is, this all happened because they were able to educate themselves to be worthy of trading, the notion that trading is gambling is still in many people's minds, trading is not gambling and is not a Ponzi scheme, trading is a buying and selling activity with the aim of making a profit.
646  Economy / Gambling discussion / Re: Gambling and it effects on: October 08, 2023, 11:38:08 PM
Today I want to take a deep dive into gambling and how negatively it has impacted our society;

Growing up into a man I got used to gambling believing it will change my current financial status, which I was wrong, it was quite the opposite, not that am not seeing money, I was but I was too fix in making it through it.

When I finally quit the addiction, I realized that I was doing better than I even thought,

Fast forward to yesterday when I go into a betting shop to see someone, I was shock to see some of my guys in the neighborhood which I knew they where doing well, now looking wreshed an tattered.

One one thing I have noticed about gambling is that before you win a thousand box, they might have milk you of more than that.
[I just want to use this medium to appeal to the younger generation, please stay off gambling, if you must do so, gamble responsible, don't take it as your only source of living so it wouldn't milk you dry.
No matter how hard you campaign to stay away from gambling, remember that it will never be successful, gambling is like fire - when you are able to control it then it becomes your friend but when you are not able to control it then it becomes an enemy that destroys your life, forever we will continue to be presented with cases of people who go bankrupt because of gambling as well as people who suddenly get rich because of gambling, i continue to encourage every gambler to be able to gamble responsibly, the effect of gambling without control is addiction and that is what actually becomes the enemy of many gamblers.
647  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: October 08, 2023, 06:46:30 PM
City have lost two English Premier league games in a row and have drooped to the third position. I am happy that Arsenal won this game because it will make the league more open and competitive. Arsenal showed the champions no respect and gave them little or no chance to control the game. The Gunners had greater ball possession and created good chances. My best player in this game is Declan Rice because he was just outstanding and has proved that he is worth his high transfer fee.  
i see Man City has 51% of the ball possession and Arsenal only has 49% of the ball possession, as the host, Arsenal really played very well and directed, Arsenal even succeeded in making 12 'shots throughout the match, the goal was scored by Martinelli in the 86th minute, Arsenal emerged victorious, Declan Rice is indeed one of the best wing midfielders in the EPL at the moment, Arsenal is lucky enough to have him, Arsenal's opponent on the next matchday is Chelsea, i'm curious whether Havertz will make another assist in next week's match.

The table looks nice for both Tottenham and Arsenal and the coaches will be really proud of the boys.  Mikel Arteta has proved that he is no longer an apprentice to his former boss Pep Guardiola and
Tottenham really made a big surprise, the majority of EPL fans didn't think they could be unbeatable in the hands of this new coach, i wonder how long Tottenham will be at the top of the EPL standings, it seems Pep Guardiola has to use a new strategy.
648  Economy / Trading Discussion / Re: The most risky adventure you must avoid on: October 08, 2023, 05:55:36 PM
there is no growth without pain, no success without courageous action!!

In some fields, success has different struggles and here we discuss trading, the risk in trading can be minimized as long as you understand how to be a good trader.  What you must learn in trading to minimize the risk of loss is to learn basic trading skills, diligently read the latest news and always upgrade your knowledge, if you take risks without you having good supplies then it's the same as if you were gambling, think about that again.
649  Economy / Economics / Re: Without government job we can survive on: October 08, 2023, 10:00:39 AM
Let us be realistic to ourselves, is good to extreme to wait for government to make provision of every in a country, sometimes when we graduate from higher colleges we expected government to create employment opportunities but in some points government keep adamant of making employment be visible and available to the mass,  on my instinct I said without government employment man can survive, I started a popcorn 🍿 business which I managed alone but right now have workers under me which I'm paying and now planning to establish another business.
Salute to you friend, you are not the type of person who just expects mercy from the government but you work hard to change your fate with your own hands.  It's not easy to start a business, let alone maintain it, but if we remain consistent and are willing to humble ourselves a little to serve customers well, then you can be sure that the business you are running will survive.  If more young people are willing to struggle to start a business then jobs will be created and we will at least help reduce the government's workload in solving unemployment.
650  Economy / Gambling discussion / Re: Reasons you should not gamble on too many things at once. on: October 07, 2023, 04:41:14 PM
If you have the habit of playing and gambling on different sports and game, I think it is not good because of some few reasons like;
YOU WILL SPEND MORE MONEY ON GAMBLING.
YOU CAN BECOME MORE EASILY ADDICTED THAN A GAMBLER WHO PLAYS ONLY ONE GAME. 
YOUR CHANCES OF LOOSING WILL INCREASE, BUT YOUR CHANCE OF WINNING MAY NOT INCREASE.
YOU WILL SPEND MORE TIME GAMBLING.
Which other reason?

There are various types of games in online gambling and it is impossible for you not to have the intention to try other games, but you must avoid gambling with capital that exceeds your limit.  i also often experience winning in other games when i lose in one type of game, so i don't find that playing many games in gambling is a mistake.

In fact, people who are addicted to gambling usually only focus on playing one type of game, for example in slot or card games, so you have to try playing other games when you lose in one type of game.
651  Economy / Gambling / Re: Slot Educational on: October 07, 2023, 04:23:29 PM
it will not reduce the level of addiction to gambling if so, because indirectly this actually provides/opens up more gambling
to reduce online gambling actually by closing platform sites is better than carrying out such parades,
how can you think like this, closing online gambling sites will only make offline gambling boom again, you have to remember one thing that gambling has coexisted with humans for thousands of years, and until now there is a role for the government in maintaining the stability of the gambling business.  however, education about gambling is the wisest thing rather than just shutting it down and to make education about gambling happen evenly, it requires the intervention of many parties including gambling veterans, the government and active gambling business owners.
652  Economy / Economics / Re: What would you do in this situation? Invest or save? on: October 07, 2023, 02:37:08 PM
If you have plans to start a dream business that requires a capital of  $20,000 and you were able to make a savings of $15,000 which obviously isn't enough to start up the business, what would be your decision or advice?

1. Invest the $15,000 into a smaller business hoping that the returns will yield the remaining $15,000 in a short period. Note that this has the potential of failing and wasting the already-saved  $15,000.

2. Keep the $15,000 while doing other work that will yield the remaining money over a long period.

Would love to see your input or a better suggestion apart from the ones I pointed out above.

N/B
This is the typical situation a friend finds himself and we are just brainstorming in what best to do.
the situation you describe never ends the same for everyone, there are those who have a stable mentality in business, there are those who are just trying to become businesspeople and there are those who think that business is a quick thing to make money, for me personally business is very complex, even though if i have $20k, it's not easy to use it wisely, especially now that the economy is difficult and most people are holding onto their money.  If i were in your friend's position, i would "save" the money first while observing economic developments in the surrounding area or world, because there are many things that influence people's purchasing power, however, if people's purchasing power is weak then the investment you make will be difficult to generate profits.
653  Economy / Economics / Re: Marriage mean double your passive income, rental property mean double your passi on: October 07, 2023, 02:04:19 PM
You can get married and achieve your dreams, as marriage is not an obstacle to achieving them. On the contrary, if you find a wife who helps you in your financial affairs, this means doubling the money that flows to you and thus achieving wealth quickly.
The solution is always to start your financial life early and financial education. If you start your financial life early, before the age of thirty you will reach the financial well-being that enables you to get married and do everything you love in your life.

Choosing the wrong wife may lead to the complete opposite and will be a failed project. Therefore, choosing the wife is what will determine whether a project is successful or unsuccessful.
your sentence at the end is a very real thing, there are many successful people out there who married good and wise women, marrying the right person is luck.  Marriage is something that is required by every religion, the aim is so that we don't do negative things out there and also so that our lives are more organized both in terms of time and also mentally.  avoid marrying a woman who likes to lie, is mercenary, too possessive, childish and also not yet mentally stable.

654  Economy / Gambling / Re: make some developments related gambling on: October 07, 2023, 10:17:32 AM
Not completely sure about the status of gambling games availability on the Play Store and the App store of Apple, but the last time I checked those kind of games were banned.

If it was possible for gambling developers to have access to the wide markets  of apps, I would bet we would see more development for APKs in order to play in a more comfortable interface for us who hold our phones with us most of the day.

It's already out there in the open. You may not find it on play store or App store but gambling related apps are constantly being developed. In strict countries, they may ban these kind of apps, because they don't follow proper regulations. But in some places, like I have seen, people are using these apps in public. Many sports betting apps are available if you try hard enough to find them, & surprisingly you won't even need to do KYC to bet or withdraw or anything.
gambling site application developers keep changing the domain or apk name so that users from countries where gambling is prohibited can still access their gambling site.  gambling is a big business and the involvement of the government and several influential people in it will make this business continue to thrive, in this case we are the ones who have to be able to control ourselves especially since there are many choices of gambling sites out there, again regarding the gambling site application, i Personally not really interested in downloading it, my partner often checks my smartphone, she forbids me from gambling so i prefer to gamble secretly on my laptop and always delete the history.
655  Bitcoin / Bitcoin Discussion / Re: Stop discouraging Newbies from Bitcoin... on: October 06, 2023, 06:10:53 PM
I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

.
Thanks.
you don't have to think too much about it, indeed everyone has their own views, but i have never weakened the mentality of beginners to trade Bitcoin or become Bitcoin investors.
In fact, i continue to encourage beginners not to be afraid of trying to invest in Bitcoin, i also remind them to keep asking seniors about anything in the crypto world.  Bitcoin price fluctuations are a natural thing to happen, as an investor, as long as you don't sell your existing Bitcoin - If you have it then you will be safe and safe,
656  Economy / Gambling discussion / Re: This is not Practical on: October 06, 2023, 12:42:09 PM
I have heard the advice that you should only use money you can afford to lose for gambling. I say that this is more theoretical than practical. Literally no one has money that they can afford to lose. I feel that money for gambling is a matter of opportunity cost. You either use the money for gambling or use it to meet a need. If using money one can afford to lose were practical there will be no need for articles on having a gambling budget or bank roll management. Hey gamblers my question is to you now is, the money you currently plan to use for gambling is it money that you can afford to lose?
i always gamble with money that i don't use for savings and daily necessities, i always gamble with my idle money and the amount i always use is not that big, people who always have problems with gambling usually use their savings, money  their families, borrowed money and money entrusted to others.  Wise gamblers will not spend money they cannot afford to lose because they know the root of all problems that occur is when they fail to manage their money well.
657  Economy / Speculation / Re: Buy the DIP, and HODL! on: October 06, 2023, 11:53:41 AM
Yes, you can still make decent money when trading the volatility of bitcoin, but it is not a safe and recommended approach if compared to DCA.
Is never a guaranteed to make money from volatility, in as much as volatility is concerned the chances of making money is not certain, when we talk about volatility we are referring to price fluctuations moving up and down, however there are chances of you losing out your funds while trading volatility so we shouldn't always see volatility as an easy way of making money it doesn't work that way.

You can never compare DCA strategy and trading volatility because DCA is not established for day traders however it was brought to help people especially the beginners on how they can minimize risk and accumulate with the little funds they can afford.
It's true that traders and investors are two different things, traders make profits from price fluctuations that occur while investors make profits from increases in the value of the assets they hold, usually in the medium and long term.  Talking about DCA, it is a strategy that is highly recommended for beginner investors and also investors who plan to hold for a long time, every week is an opportunity to buy Bitcoin, now the choice depends on you whether you will become a trader or an investor.
658  Economy / Gambling discussion / Re: A Lady Cried After Losing to Sports Bet. Gambling is Not Your Mate. on: October 05, 2023, 11:07:20 PM
People who cry or are sad because they lost gambling are people who misinterpret what gambling really is, they definitely think that gambling is the best and fastest way to make money, come on.. that is wrong thinking.  If you gamble once or twice and then you lose then you should think again about whether to continue or stop because it could indicate that you are not suitable for gambling.  gambling is not for the weak and mentally unstable, i hope there are many important lessons that this woman has learned.

659  Economy / Trading Discussion / Re: Emotions dealing on: October 05, 2023, 07:45:11 PM
Emotions is a weapon used against traders causing them to move out of a trade untimely which may eventually cost them loss.

How to avoid emotions:
  • set up  a TP(take profit) and SL(stop loss) for your trades
  • Stay away from the particular trade
  • Get in some activity that will keep you busy
  • Do your hubby activities at that moment
  • set up hours interval to check your trade
  • watch tvs and Go for walk Smiley

Note:Some of these might not be applicable if you are into scalping.
Emotions are a natural thing that every human being has, without them you are not worthy of being called a human being, but the emotions that are created in trading usually occur when you are too worried about your trading activities, and usually people who are very emotional in trading are those who don't have a plan and a clear strategy regarding the trading activities he/she carries out.  all the plans you provide in the list are very good, every trader must implement them all well so that the trading activities carried out are truly effective.
660  Economy / Economics / Re: Early Retirement [Pros and Cons] on: October 05, 2023, 07:24:43 PM
I think people retire early because they want to be financially free. Yes, but it's not easy, some people even have to retire early because illness means they can't work anymore. this is something we cannot even predict. I think everyone will retire eventually, but wanting to retire early means there is an allowance to continue living.
not everyone is able to be financially free, all the decisions they make must be right, usually people who retire early are people who have narrow thinking or just want to look cool at first, illness cannot be used as an excuse for someone to retire early because you definitely will recover from your illness unless you become disabled because of it.  i know everyone is free to live the life they choose, but it is not easy to live the life of a retired person, even rich people continue to work to make money even though they are over 70 years old.
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