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661  Economy / Economics / Re: Any business where today you launch, tomorrow you begin making profit...? on: August 19, 2023, 03:19:53 AM
Let's be enterpreneur and make this a mind your own business (MYOB)

I also only want a business that is profitable as soon as I form it legally, register the entity, file for licensing, any paper work, legal business by laws (no selling weeds or explosive).

So the business should be: today I officially launch it, the next day, profit start rolling in, and it would last eternally, the income stream keep coming for the next 999 years, and it would be suffice to self sustain, self reliance include financing every operational cost by itself, and only happy ending. Not a single bad ending.
A profit is what you earn on top of your investment, and you definitely know that you can't start a business without any investment or capital. So, when you invest money into a business, no matter what it is, you can't start getting a profit the next day because even if your business starts running pretty well just after the launch, it will still only be collecting the money you've invested, once you reach ROI with the business, that is when you start earning profits.

If you consider trading a business, you might be able to achieve that through trading, but it is definitely not going to be self-sustaining or self-reliant since you will need to manage everything manually every day. However, it can serve the purpose of providing you with profits just the next day if you know how to do it properly.
662  Bitcoin / Bitcoin Discussion / Re: can Bitcoin provide food for our table on: August 18, 2023, 05:08:23 PM
The point is bitcoin, not trading, nor investing. So that means that you could work and earn and put food on your table. Just to give the most OBVIOUS example, we have signatures here, we make money from them, and that means we are putting food on our table thanks to those. As you can see, that makes it "bitcoin providing food for our table" already. I am not even talking about anything bigger. Just open your eyes, there are so many people who didn't "invest" but "provided service" and got paid for it. There are literally arrogant obnoxious people filled on this forum where they think they know something because they made money, when in fact they just charged gullible people for useless stuff and made money on that, in bitcoin.
What OP is basically referring to is to earn money by using Bitcoin specifically like investing money in it and then getting more money with that or trading it on a daily basis. What you are talking about are definitely ways to earn money but these things can be done with other currencies as well, you don't need to be accepting Bitcoin as a payment for providing your services but if you do that, you do it only for your own convenience and it is not Bitcoin earning you that money.

Similarly, if a user in this forum is earning Bitcoins by joining a signature campaign, they are basically earning money for their contribution in the forum and they could also get paid in a different cryptocurrency or maybe in fiat, which means that this income isn't specifically generated by Bitcoin itself.
663  Bitcoin / Bitcoin Discussion / Re: The Chase to control the market! on: August 17, 2023, 05:45:10 PM
I have been in crypto for more than 5 years and i have seen a lot of incidents within the industry. There was a time when government and even a lot of people call Bitcoin a scam or a scammer currency. Many thought that only hacker scammers use Bitcoin for money laundering, drug dealing etc. But now the situation has changed and it's good to see how institution chasing each other to not be late to join the industry. The situation is so intense that now what matter most is who will control the market. In the current situation, it seems, no one wants to be the last one to jump over space.
No one can actually control the market, they can do some manipulation if they spend billions of dollars to acquire a lot of Bitcoins and then use them to create buying and selling walls on the market to manipulate the market and buy cheap Bitcoins from those who panic sell when they see the market crashing. However, I wouldn't call that controlling the market because they can't do this forever and their coins will eventually be sold if they keep doing that.

You are right that the people or organizations that used to call Bitcoin a bubble or a currency that is used only for criminal activities are accumulating as many as they can right now, and what we don't know is that most of these organizations and people don't even reveal this but are buying in the back end.
664  Economy / Speculation / Re: The time has finally come...??? on: August 17, 2023, 05:38:11 AM
$100k in May is also a wild prediction TBH. Though some people are speculating that kind of range in the post-halving. But most of them are expecting a bullrun that could at least break the previous ATH.
There's nothing special or wild about the $100k mark. If you think about it, it's not very far away from the previous ATH of $68k and considering high inflation rates since then, it's definitely achievable.
The major thing preventing crossing the $100k barrier would probably be the psychological factor. People like round numbers and many will consider $100k as a target for the next bull run, but they also know that loads of other investors will have the same target, so they'll set their sell orders below the $100k mark. So we might see a massive sell out at around $90k that could derail the bull run.
I believe it won't even reach around $90k before that happens because people will soon start expecting the market to crash and they will start selling as soon as they see a small correction in the price. Retail investors are way too sensitive to let an opportunity like that go to waste, so they will obviously start selling as soon as they see a drop and see that they are getting good profits hence they wouldn't risk losing more of that profit to the market if it crashes.

If there are no stops and drops at all, which I don't think would be the case, it might manage to go over $90k, and might even hit $100k but the chances of the market crashing before that are higher than it hitting six digits, however, it is all predictions and speculations and we might be wrong about it all.
665  Other / Beginners & Help / Re: Have you ever been scammed ? on: August 17, 2023, 02:58:22 AM
that actually happened on Telegram. I trusted the guy since I had really good conversations with him in the group chat. But, also I was in a rush to pay the WiFi bill, or else they would cut it off ( had a call from ISP on that day and I had no money in my mobile banking account ). And I also know 13$ is a lot in here, cuz it's almost that kind of money that you could buy a nokia button phone. But well I had to learn my lesson. sometimes you gotta take hit in life so you can be really careful about it. Anyways I'm just letting everyone here, so hopefully nobody falls for this scam.
Telegram is these days full of such scammers and they are very clever and good at what they do. They will create an exact same username with just a minor difference that can't be identified for the first time when you check the username and they will have the exact same profile image and bio. A lot of such scammers attempted their tricks at me but they could never succeed but I know this because I have seen it happening quite a lot, one time a scammer got very close.

I was working with a project and we had a community in Telegram, we were a team, so the scammer DMed me impersonating my manager and asking to borrow some money from me because he can't access his wallet. I told him that I have some and I agreed to send them, and then when I checked after getting out of the conversation, I saw my previous DM with the manager and that is when I realized it is someone else messaging me.
666  Economy / Trading Discussion / Re: Bitcoin trading and gambling on: August 16, 2023, 07:29:49 PM
Just like the others said, Bitcoin trading and gambling is not the same, instead they are differ to one another in several reason. It is because in Bitcoin trading you don't need to rely on luck, in which means your doing it because you know that in the long run yiu can get a nice profit if you are a long-term holder or short-term trader.

While in gambling, you are risking your capital fund were your not sure if your going to win to gain in the end. Where in short you are relying on luck only to win in the game. And Bitcoin trading is not a game like you think.
Prices can move unpredictably but we still can do something to make our trades successful so I guess I can agree that it's not the same as gambling. Maybe there are other variations of trading which are more riskier and can be classified the same as gambling because we mostly need luck there than skill.

Trading and being a long-term holder are not the same so you shouldn't mix both of them. Long-term holder can be the same as investing but you are right, that you can be able to earn a profit on it in the long run just like it name says. Trading on the other hand is the opposite of it. In some forms of gambling like for example sports betting. I think it's possible to have a good confidence here but sometimes it can't do anything and we can still end up as a loser but even with trading, we can lose there as well. Both still has their own risks.
667  Economy / Economics / Re: All millions are from real estate. on: August 16, 2023, 06:55:24 PM
Not all millionaires are growing from real estate, there are still several other businesses that can give birth to millionaires based on their business knowledge. You can invest in various types of investments based on the amount of capital you have, it is undeniable that real estate is the most profitable investment, but it takes a lot of capital to choose this investment medium.
Experience is needed to achieve success in investing, there are so many types of investments that different people are involved in depending on the capital they have. We who are still young without having a lot of capital are impossible to invest in real estate, let alone its location in a strategic place in urban areas, currently the best option for us is only Bitcoin.
Well, though you are right that one cannot make an investment or an effective investment in real estate if they don't have a very high capital because to earn good profit through real estate, you will need to buy properties that are located inside cities and are at good and expensive locations, and such properties will cost a lot of money, that is the reason why only a small amount of people are able to get success through real estate business.

And, one also needs a lot of money to invest in Bitcoin if they want to become a millionaire through Bitcoin investment and as you said, someone who doesn't have a lot of money, they can't do that, so the basic thing is that to become a millionaire through investments, you will most likely need a lot of money.
668  Economy / Speculation / Re: Volatility and its effect on: August 15, 2023, 07:10:40 PM
As we have seen all week long and a bit more than that, the price goes close to 30k and then close to 29k and then close to 30k and the.. well that continues like that non-stop. The volatility is there but the amount is very little and that is what I want to talk about, its not that much all the time. Volatility does happen time to time but it doesn't happen all the time, we just end up with bigger volatility during bear and bull runs. However, when we are not on a bear or bull run, we do not end up with any of that, price gets stuck and keeps on being the same price again and again. This is why there is no need to worry about the situation and feel a lot more comfortable about it.
Generally, there is not this much stability in the market because the market is either in the bear run or the bull run, which means it is either going down or going up, this thing only happens once in a while when the market gets totally stagnant as it has become right now. However, it is obviously nothing to worry about, those who want to buy or those who want to sell both should have some patience and keep holding their assets until the market moves.

The current market is not bad for buyers though because it isn't that high, and as the bull run is expected to occur next year, if the price starts going up from this point, this might be the bottom for the current market until the next cycles come when the market enters the bear run once again.
669  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Suggest Some Underrated potential altcoins for next bull run on: August 15, 2023, 06:28:31 PM
You already hold potential altcoins op. I expect those will give you excellent performance during the next bull ran. Besides i always support Diversification as i think, its the best way to investment. Currently suggesting underrated  potential altcoins are like hidden gem and so one can guarantee but only predict! As now ai trend is underway so I think  Fetch (FET) and Ocean Protocol (OCEAN) could be good choice but do your own investigation first
I believe someone shouldn't go with coins that are related to what's trending right now but they should go with cryptocurrencies that they think will gain significant value in the future because their projects will be used during those times when bull run will occur. So AI might be a hot topic right now but we can't be sure if it will be the case during the bull run, so it is always better if someone evaluates their chances a bit more and then make the investments.

I'm not sure about OCEAN but FET is surely a great coin, I agree with that, and I also believe that it can perform pretty well during the bull run. Apart from that, I believe ARB can also be a great asset for cryptocurrency investors in the future because the protocol is pretty good and will surely be used greatly by project developers in the future.
670  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: August 15, 2023, 06:00:31 PM
3 points were secured by Manchester United but I feel that their performance in this match was underrated and even if you look at the comparison of Wolves with all their internal problems I still feel that yesterday's match Wolves were much better in terms of attack because Manchester United looked like they were confused in this regard. They weren't very cohesive and their attacks were wasted.
It's lucky that Varane managed to be the difference in this match because if it ends up being a draw then I think it's a failure for Manchester United.
Ten Hag must try more in this regard so that their squad in the next match is better than the first week that is completely over.
Three points are surely very crucial and important as well for them, but their performance was not as expected because they have much better player than Wolves but still not able to create any problems for visitors even most of the time they were under-pressure and things were not looking good for them.

If we call they were lucky that Varane score, and they have three points this is also correct because in second half Wolves were in better position and have better control of the ball as well fans need good improvement because with this performance they can face serious trouble even exit from the top four which could be big disaster for them hopefully now in coming match against Tottenham they could be done better performance.
671  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: August 14, 2023, 06:41:33 PM
Real Madrid new player, Bellingham who is currently doing well for the team will fill in the void the team has in the midfield and he has a big task ahead of him to take control of that midfield more when their veteran players Modric and Kroos leaves the club: His focus is not in the attack and I don’t expect him to do the work of Vini or Rodrygo to fill in the void Benzema left in the club. He will only support them by giving good assists which he’s currently doing.

Real Madrid will do well this season, but if they can work on their current players and put in some in the attacking position, it’ll help the team a lot as they won’t have problem with passes to score goal because of how elegant their midfield is currently.
I have absolute confidence in Real Madrid this season even at the club have shortage of players due to multiple players on injury this effected Real Madrid performance in the last season which made them to lose the La liga spainish series which Real madrid was the former title holder, but in the current conditions of things with Real Madrid,  i am sure this season their going to make a credible mark in all the leagues they're featuring in this season.

Real Madrid yesterday's opening match in the La Liga was fantastic and I am sure the team is going to keep moving on that level of performance as the season progresses.
Real Madrid start of the season is much better than expectations because no one was having any positive mindset for their performance with lack of quality striker and few injured players, but they have done good job and things suddenly have good chance for them with performance of Bellingham and few other players surely impressive with this performance we can expect good challenging fight for the title in both competitions from them.

Combination of old and new players done good job and with this as time will go their performance will be also improved which will help them for staying into good touch with other top teams in this competition even right now Manchester City and Bayern Munich are looking much stronger than other teams in this event.
672  Economy / Trading Discussion / Re: Passive income with crypto on: August 13, 2023, 08:44:42 PM
The way to passive income from crypto without giving loans is trading with cryptocurrencies, that is, you can make this income by buying a coin at a low price and selling it at a relatively high price. If you have an understanding of the market then you will understand that the market goes up and down every time, at this time you need to understand the market when the price of a particular coin goes down relatively much and when the market goes up from that low position at that time you need a particular coin. You have to buy coins, then when the market goes up again and you check your market when it looks like the market might go down again you have to sell those coins basically this is how you can make passive income from crypto.
You can't consider trading a passive income source because you need to do a lot of work to earn some profit from trading and a passive is that earns you money from a source where you don't need to work continuously but you make an investment and make a set up that will keep generating an income for you which can be any amount low or high, but since you need to do research and analysis, watch the charts all the time, make trades manually, so you can't consider the profits you get from trading to be passive income.

Other than staking, I don't think there are any other ways to earn a passive income from cryptocurrencies but I don't recommend staking because that gets your capital stuck because some staking contracts don't allow you to withdraw the tokens you have staked until the contract period gets over.
673  Economy / Speculation / Re: Bitcoin Market Price in Respect of News on: August 13, 2023, 08:01:30 PM
On a second note you mentioned that the FEC consider bitcoin as a currency in your statement,  but the link you shared does not mention anything like that, but if Fec truly approve Bitcoin as an asset or a currency that will indeed impact the value of bitcoin and most other assets that are pegged to Bitcoin.
 
This exact statement may not be captioned on the headline but we are all familiar with how SEC recently identify bitcoin from other cryptocurrencies as the only digital asset they recognized, which means the government itself as a whole is getting to understand the difference now between bitcoin and other cryptocurrencies, there comes in a little stir whenever government made mention of anything that have to give credit to bitcoin, same also was when the approval for spot bitcoin ETF was made and when the first display of interest was made, the breaking news make a stir in the market price.
The reason behind that is that a very large number of people depend on these news channels and the authorities to be able to take a step and they can't do it themselves, they believe that what these entities say is actually the truth and not what we see and learn. If news channels start going against Bitcoin and show it negatively to the public, I'm pretty sure that a lot of people will react to that, and people in large quantities will start selling their assets right away.

This is the reason why the cryptocurrency market is so sensitive to any news whether positive or negative. This thing has decreased heavily since the beginning because it used to be even more sensitive before but nowadays, the reactions are not that severe and the market doesn't take that big of a hit from these news and stuff.
674  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: August 13, 2023, 02:29:19 PM
The signing of Harry Kane by Bayern Munich was no less dramatic, finally ending this dramatic chapter with Harry Kane joining Bayern Munich as Bayern Munich's main striker. So the deal was completed in exchange for 120 million euros. From 70 million Euros, Harry Kane's price has finally reached 120 million Euros. However, Bayern Munich's president and manager are no doubt delighted to have finally signed Harry Kane to Bayern Munich. If Harry Kane had to spend more money to get Bayern Munich, maybe Bayern Munich would have spent more money on Harry Kane. It is our hope now that Harry Kane will fulfill the dreams of the club and that Harry Kane will achieve something personal.
Almost everyone is happy with this transfer news except Tottenham fans  Cheesy Harry Kane must go to a new team to make more history in his career
Imagine if Kane didn't move and his name would be remembered as one of the Premier League's top scorers but never won a trophy obviously this is a joke
Tottenham have no other way to keep Kane, so letting him go for 120 million is the best option, after all Tottenham signed Harry kane for free from their own academy.
In the start of the transfer window we were having three big transfer news with two are adjusted, and now just one is left which mostly likely not going to complete in this season because right now Mbappé is not looking to join any other club as he wants to join Real Madrid as free agent which is big lost for the PSG but no one can do anything right now with Harry Kane is also done his most desired transfer for the winning of the trophies even his first match which was going to play for the German Super Cup his team lost badly with the score of 0 - 3, but we can expect good bounce back from them in coming matches, and surely he is going to lift his first trophy here in Germany after the wait of 14 years at Tottenham.
675  Economy / Speculation / Re: How did you see BTC in future? on: August 12, 2023, 08:33:42 PM
Many will still miss this opportunity because eventually not everyone is going to invest in bitcoin before the next halving set in, bullrun is not an opportunity to afford missing no matter how as long as bitcoin is being invested.
Today, regarding the current price of Bitcoin, it is still very far from the expected value that we expected. where the price movement is still not moving up quickly. But, if there is a repeat of the history of the bull run, then Bitcoin will have the potential to grow higher and go up, my prediction is at least 100% and the percentage could even be even bigger.

Yes. The crypto bitcoin bull run is a phenomenon that will happen very soon and all of this needs to be prepared.
Many people has a high expectation for BTC but a few have low so they are not disappointed on the performance that BTC is showing nowadays. Like they say, there is no easy money in here and so as in Bitcoin so it's normal that it will have a stable condition and even some declines that can happen most of the times. Bull run is a staple condition along with the bear market.

It's not that history is repeating when they happen but there are few movements in the market which are rumored to repeat. When there is a bull run, 100 percent gain for Bitcoin is only small. I think it can go above 400 percent and the bull run is just around the corner so all should hurry up and start stacking.
676  Economy / Gambling discussion / Re: FIFA Women’s World Cup 2023 on: August 12, 2023, 12:34:31 PM
After very exciting end of first half as we have total English dominance, but Columbia take lead in 44th minute which equalized by English striker Hemp in 52nd minute things were looking interesting for the second half but then another goal from England in 63rd minute giving good win to them and spot into last four with right now we are in 77th minute, and they are holding nerve hopefully now they will be on the good aggressive approach for the next few minutes as well Colombians are also doing their best for the equalizer but right now their all hard work in vain.
677  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: August 12, 2023, 10:48:04 AM
Bayern Munich have failed to exploit a player like Sadio Mane. I think Sadio Mane is an extraordinary forward that can change the team's results at any moment. I still don't understand why Bayern Munich couldn't bring Sadio Mane.
It's football and the performannce from the club determined by eleven people who play in the field. Do you think sadio mane has a big impact on the bayern? the reality said the opposite that what you have said above. Sadio mane unable adapting to the club. The main reason why he was leaving from bayern caused by he is not feeling confidence anymore to stay in the club even longer. Sadio mane was not able to build his chemistry with the club. Don't you remember when he was punched sane on his head? It's the reason why sadio many already sold to the saudi club. He gives no beneficial to the club. He was only causing the problem to appear. The management has been taking the right decision to sell him.
No doubt about this all his departure from Liverpool to Bayern Munich was for the better salary, but his adoption was not as par expectations and his injury and behavior was also not good with third problem started when we have change of coach as well these all things gone again him and at the end we have him now into Saudi League for the better future.

At Liverpool, he was doing impressive just because of this all Bayern Munich take him with the highest amount but things never been same for the all players as we have Robert Lewandowski doing impressive at Barcelona and now expectations are also high for the Harry Kane but who never know about this all hopefully now things will be at his best and these players will be able to do as the requirements from their respective clubs.
678  Alternate cryptocurrencies / Altcoin Discussion / Re: How big is your optimism for crypto investment? on: August 12, 2023, 06:45:05 AM
actually im rather really optimistic considering the fact that there are still chances of the upcoming rally settles in.
I just think that currently the altcoin downtrend never gonna lasts forever, if you are really trying to invest in crypto, no time is better than this one.
that's right, now is the right time to buy or do DCA cryptocurrency, because market conditions are still in a state of correction, so this is our opportunity to buy cryptocurrency at a low price, but I recommend you to investing in cryptocurrency that are in the top 10 on coinmarketcap, because it is safer and definitely gives you profit.
I agree that if you do end up with a DCA strategy then you are going to end up making some decent profit and the result will be that you are going to end up with a lot bitcoin and that means that you are going to end up with a great profit. However, if you are not careful about it then you are going to end up with a terrible result eventually. This is the way to go and it should be remembered that we are going to end up with something that will benefit us as much as possible.

I believe that we are going to be something that will be getting great returns and it should be not something we should forget. Get it done right away and start the DCA and you are going to end up with a great return and will make some profit for sure.
679  Economy / Trading Discussion / Re: Which is better to invest in copy trading or bot on: August 11, 2023, 05:54:19 PM
When comparing copy trading to bot trading, copy trading is better than a bot, the reason is that before you can copy the trader you have the ability to veriy from the platform which I'm using the historical trading performance of the trader, the fund he/she manages, and how many people are copying his/her trade. This will help you have the opportunity to decide if you would copy or not.
I think it depends. If the trader that you copy is pro and is profitable then it's obviously better than a bot but if it isn't and a trading bot is much profitable then a bot is a better option. The only difference is a bot can be modified and we can insert our own strategy here while copying traders can't be commanded so I think I will go with the bot and the good thing about them is that you can use them for free.

If you know how to use a both and you have your own strategy, I think that you won't also do copy trading because you can believe more on your ability more than them and for you, it's fine if you will lose. You will still be proud of your self because you did your best.
680  Economy / Speculation / Re: Should we rely on prediction? on: August 10, 2023, 05:22:10 PM
~
Is there any other way that we can rely on?
Reading charts is also a type of prediction right? If it wasn't prediction then what we should rely on?

With a very volatile market like cryptocurrency, what we can do is to just rely on prediction. Some are saying that the probability of this price be reached by X year is also prediction. Probability is kind of connected to prediction. Some so-called analysts are predicting what will be the price of Bitcoin this year, and all of that has a probability to happen. Overall, there is no other way, but predict because we don't know what can happen. We are speculating the market, and we will be for a long time as long as the market is volatile.
You're right but reading charts are better. It's like a smart way to predict because we based on something than randomly calling numbers out of our head. There is a lot of uncertainties in the market. The only thing that we can do is to rely on our own ability and to the coin that we choose. Remember, no risk no gain. Predicting is part of our lives already. It makes the game more exciting.

As long as our predictions is still in range, there is always a probability for it to happen. Volatility in crypto is fixed but it's up to us if we will stay here or not. Predicting is also optional. As long as you have a patience and you choose a good coin. You will still earn.
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