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661  Economy / Gambling discussion / Re: Between Profit And Conscience on: October 31, 2023, 09:56:11 PM
First I would like to state that Gambling is legal in our country

This is my friend's story, business is not good in my friend's store which he owns the location is highly commercial but he cannot compete with the large and popular groceries nearby so he decided to stop operation and just offer to lease or rent it.

Because of the location a lottery agent who has a license approached him and is looking for a good place to set up his lottery, my friend's place is very much suited because there's no lotto outlet in that place, and with so many people coming and going and the fact that lotto is very popular in our country, the agent wants to lease at a very good price and a share of the income of the lotto.

He thinks that with the lotto outlet, he will encourage people to gamble which is against his morals so it is a battle between his conscience and the profit.

So what's the best decision to take he is afraid if he lets go of this opportunity the lotto agent will eventually find a location in their place and eventually lose the opportunity to make a profit.

If your friend is a smart person, having lotto on his shop will not only profited him from the contract of Lotto, any player that comes around the store will recognize the presence of the store, they will know about the shop and you will likely want to buy something from the shop whether that day or another time. If there are cold cheap drinks, they will sell because lotto players love gist a lot and a gist isn't complete if there is no drinks to be pass around.

I love the fact that he openly said he is a religious person that see gambling money as forbidden but he should know that faith doesn't feed you, the economy doesn't understand that you don't like gambling income, there are much more that income from the lotto gambling can do, he should think about it because he will be having customers to his shop he is complaining in the first place together with the gambling income.

However, if he choose faith over money, then he shouldn't force it, let the man go to another good area to establish their business without any delay.

662  Economy / Gambling discussion / Re: Most you have ever lost in one session? on: October 31, 2023, 04:57:30 PM
What is the most money you have ever lost in one session? could be land base casino or crypto casino.

mine was $200,000 on Stake.com 2 weeks ago

Show a prove or I will take this as a random interaction. What where you chasing in casino to loss such a big amount? You staked by mistake or you are just another random addicted gambler. If you lose $200k 2 weeks ago to now. By arithmetic progression, you definitely might have loss millions into gambling. No way.

I have losses, some that I personally recorded to see my profit and loss and the one that I didn't. I don't have seasonal loss and profit, it's monthly. Anytime I make deposit, in the first day of the month, I record that and I initiate withdrawal at the end. This is what punters do every month to understand how much they have use in every month to bet.

Today is the end of the month of October, I will be pushing out my money from 3 betting platforms, with the total balance, 2 are successful but one seems to be shortage but I will still do my calculations. When I combine the 3 together, it will yield something that I actually have something profit from the month of October.
663  Economy / Gambling discussion / Re: Have you ever been a gambling addict? on: October 31, 2023, 03:22:59 PM
I see a lot of people here talking about gambling responsibly. Yes, that is something very true, but have you ever been a gambling addict?

The question should be have u feel you are gambling addicted? I don't think it's that easy to know that you are gambling addicted except if you are in that stage that you begin to feel remorseful of your loss and guilt of the bad decisions you made when playing. The only solution to even know that is to check your records if you have been doing well or you have only been greasing the casino with your money.

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To be honest in the past I have spent a lot of money gambling. What I mean here is that I spent all my savings on gambling. Maybe the nominal amount is not that big but it makes me feel like a gambling addict. I spent 5 months of my savings on gambling. Currently I am aware and am in the stage of improving my own financial condition. Have you ever felt like a gambling addict? and how much did you lose in gambling?

Sorry, it does happen because everyday in gambling isn't father Christmas days. You should have taken some break or don't you think it's really bad practice of you to waste 5 month savings into gambling. As you said, the amount could be small in others eyes but if you could use 5 month to save up such an amount, then only you know how important it is to you but then you wasted everything on gambling.

Unlike trading that you need to look at indicators and other technical analysis before making trade, you need skills to survive gambling and luck but since both are risk, the next thing you should always put on guide is risk management, you might not like it but trust me, it helpful in gambling addiction.
664  Economy / Gambling discussion / Re: Ballon d'Or discussion and odds on: October 31, 2023, 02:50:51 PM
Who else should win it in the list of nominees? Haaland? of course no because he is a player that is not too good when their team is not attacking which why he score less goals this season when a player that is feeding him with long balls is injured and his team Manchester City are finding it difficult to score goals.


Messi is a play maker and that is what Haaland is not. A playmaker doesn't wait for Midfielders and wingers to do all the job for him to get the ball and score, a playmaker does the job of midfielder, winger and a striker and Messi has thia combination and that's why the record showed that Messi had more assist than other contenders in the list of runners. Winning the world cup was a booster that increased Messi chance of winning Balon D'or than any other players because even if it was Mbape that won the World cup, they will picked him over Haaland that won the treble because World cup is a very heavy and most desire trophy that comes around ones in every four years.


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Messi is great player but I don't also think he deserve this Ballom d'Or this time because the team he played for last season which is PSG is in a league that is not that competitive, and Messi and other good players like Neymar, Mbappe and others cannot help them win Champion's League last season; for that reason, Haaland deserve it more based on club performance because Messi only Win World Cup, League one and small trophies while Haaland won Champions League, Premier League, Super Cup and FA Cup.

What are you saying Mr. Man, Messi won the League 1 twice in a row, how are they even better than him because Haaland won the Champions League and Premier League. Messi single handedly led other players to the World cup, without him no way that world cup is coming back home. Even Haaland presence wasn't felt in the Champions League final, no goal from him and no single assist but Messi was everywhere in the World cup from the group stage until the final. If it were to be like that and a vote was supposed to pass around without Messi been a contender, they will favour Mbape over Haaland because having to World cup back to back will definitely be an advantage for him.
665  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: October 30, 2023, 01:06:49 PM
Barcelona played well in the first half but they couldn't maintain the good performance in the second half. There is something wrong with their tactic in the second half, so the players can't play effectively. Well, I'm not sure Barcelona will win the match although Lewandowski and Raphinha can play since the first half. They just recovered from the injury, it is too risky to put them in they starting lineup. Xavi has done the right way by releasing them in the second half. If you watched the match, Lewandowski played since minute 61' but he can't help anything.

Yes, Bellingham performed very amazing. He becomes the player who can make a difference in the match. Barcelona has no player like Bellingham in their squad.

There was nothing wrong with Barcelona, Real Madrid outgrew them in the second half, that was what happened and they didn't retaliate quickly. Barcelona was smart to net goal in the 6 minutes of the first half but that was not by main performance, they were fast to take chance in Real Madrid but after that, Real Madrid kill all the compression that was coming to them and when Anceloti saw that Barcelona couldn't go further, he brought in Modric and Joselu to change style of Real Madrid, that was how Bellingham had it's opportunity to lead the team by 2 goals to 1.

It's amazing to see how Bellingham is playing the role of striker and midfielder very well, I'm not sure of the particular position that guy is good at but he is nothing but mission fashion against the teams in Laliga, he is doing more than what is expected of him. Only Girona is closed to Real Madrid now but I believe in the next few matches, Girona will be some point below Real Madrid.

Barcelona on the other hand are getting weak, last Girona finished at number 10th in the standing, lost 3 times of matches that Barcelona lose but I'm astonished to see how they have point than Barcelona and even have similar number of loss this season with Real Madrid and Barcelona, what is that ingredients they have that we are not seeing. 
666  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: October 30, 2023, 12:37:05 PM
A team that play well wouldn't definitely receive 3 goals. Manchester United is in decline phase? I don't think so but they have to improve the quality of their gameplay. Their opponent was better than them and they might be in pressure since their results aren't quite good for their fans.
This game wasn't the only one that end with 3 goals victory. Liverpool and Aston Villa did good also but their games were easier. A gap is being created slowly between the first five teams and the others and between the last four teams and the rest.

There game was bad considering that they were the host, it's an advantage because when teams host a match, they do anything to stop concedes of goals, not only that Guardiola was saying he is scared of them or maybe man was doing mind games as usual but even with that, it should have given them more aura to equalized Manchester City. The London Derby has lost its credibility, not like those days again.

Right now, Manchester United are now in the state of equilibrium as they have lost 5 good matches here and also loss 5, they didn't draw any so far in this 10 weeks and we can that their performance has been average. If Ten Hag is a man of wisdom, this is the right time to work hard and bring the same pressure they used to win back the heart of the fans in the group stage of the Champions League to the Premier League. Any decline from here makes their chances even slimmer on getting to top 4, I'm not sure if they are going to make it to Europa because this is nothing to write home about.
667  Economy / Gambling discussion / Re: Greed or risk on: October 30, 2023, 12:05:55 PM
I saw this image below on one of my friend's WhatsApp statuses earlier today. I don't know if the game was played by him or if it was an image saved from somewhere, but the image got me thinking, and we got into a debate because of that.
 
I was telling someone that if I'm the one to have such a slip and the game is already showing me to cash out such an amount of money, which is equal to $865 based on our local exchange rate, seeing such an amount as cash out available and leaving it will make me appear like someone who is too greedy, but the guy was telling me it's not being greedy but it's all about taking risks. The debate didn't end well, so I decided to bring this up here to see the responses from experienced gamblers.
 
Lucky for anyone who ever has that bet slip, it seems like the game played in his favour.

I think there is a misinterpretation from your image and the amount to cash out. That ticket was only a single match between Barcelona and Real Madrid bet which means tbe player staked ₦1,000,000 which is equivalent to $865 in dollar according to today's rate and expect Real Madrid to win as an away match of 2.74 odd. The potential win that player is expecting is ₦2,730,000 which is almost 3X amount of what was staked for that game.

You are not going to know amount that you can cashout until you touch "cashout" option, that's when you can cashout some amount and the cashout is dependent on how favorable your game has been. Since he bet on Real Madrid, they were winning toward the 70+ minute, if he want to cash out some amount, he will be allow but will be slightly higher than his staked amount. However, if Real Madrid was losing in that match and you feel like cashing out, you might get half the amount you staked. That's how cashout works.

Coming back why people cashout is all about how you feel along the way on your games. Some people don't mind to see their money gone because they believe so much in their predictions, they don't cashout even if they see cashout options in their tickets.
668  Economy / Gambling discussion / Re: What according to you should be the age to retire from gambling ? on: October 30, 2023, 11:34:02 AM
Many believe that gambling is for young people online as they need thrill and and fun. But I think that even old people can enjoy gambling. There should be any age to retire from gambling at all. One can do this activity and leisure time and thus it does not affect retirement related activities also.

As we age, so does new games are been invented and integrated into gambling if they see that people love it. You don't expect people that were gambling in the 80s, 90s and early 2000s to understand some of the gambling games on casino, they most often than not played what they understand and with time, they don't even have that time they use to like when they were even younger and energetic. However, the age you chose to retire is subjective, some people even quit gambling once they marry if their spouse don't like it, some quit when they give birth to their first child so that the child will not take after them as some of them are bad gamllbler.

If you see gambling as fun and your family don't see anything in it, then I think there is nothing should stop you if you find it fun at any age you are but if you are the type that see gambling as a way to hulse, quit while you are younger, you don't want to be nuisance to your grandchildren. I know of people even when they have older kids, they still go to gambling shop to bet where there children also go to bet. That's very concerning when an elder don't know when to stop.
669  Economy / Gambling discussion / Re: Can loneliness make one addicted to gambling on: October 30, 2023, 11:19:44 AM
I'm confused and looking for answers

If you are lonely, can you have interest in gambling simply because of your loneliness?

How would you judge someone who says they don't gamble because it's fun, is that a sign of a gambling addiction?

If you are making $600 a day, that's $20000 in a month, and because you are only you start having interest to gamble, what do you think this is?

All these questions is been asked because someone close said all these and I think he are losing money and losing himself too, of all the discussions we had, these are the points I held unto.

Later he open up to have been using $500 for gambling per day, he said all these started when his wife left him, that he isn't into gambling at all, but I can't ask why his wife left him in the first place, but does loneliness make people become addicted to gambling or it's something else.

You know as they say sometimes that An idle man is a devil workshop. If you stay idle without been productive, thoughts of different things will comes to your head as you don't want to be lonely. Gambling drives thoughts away, it makes you focus only on the gambling and no other thing come to your head for that time, so definitely gambling and loneliness have common relationship.

No matter you put it that gambling is for fun, if you take a survey today and ask people why they gamble, they will tell you it's because they want to make money, there is no fun in losing money to betting platforms, they are there to make the money. I don't even term someone that bet all tbe time as an addicted person, they could be doing it for survival but you see people that gamble as if there life depends on it, that is the kind of person I term as addicted gamblers because they can go lengthy borrow money to gamble.

I don't know where you friend reside but even if he lives in a developed country, that is decent amount to enjoy life, anything that drives him to lose everything into gambling is nothing but addiction, he need helps and the earlier you take to therapist, the better for him. Losing $500 a day to gambling when you actually make $600 seems the guy is losing it, help him now.
670  Bitcoin / Bitcoin Discussion / Re: Have we seen the lowest low of this bear market? on: October 29, 2023, 09:55:36 PM
Since the FTX crash I listened a lot to Gareth Soloway and Nicholas Merten from Datadash. Both expected lower lows. Soloway even expected BTC to get under 10k at some point. With the recent price rise I'm a bit worried that the ship has sailed. In his most recent video he no longer mentioned these lows. He even mentioned a 50k possibility for this year.

What are your thoughts? How big of a price rise do you expect if an ETF gets approved?
And is a scenario of World War III (Israel + USA + NATO vs an alliance of Islamic countries) bullish or bearish?


I want to tell you something for free, I believe you do hear the statement that says do as I say but don't do as I do. Now, it's the complete opposite you should do. Because people say bitcoin price will go to 10k, you should never believe them, is like saying bitcoin price will go to 500k and you want to believe that and then buy bitcoin in anticipation for that. Clearly, this guys are market analyst and they say based on how they feel about the market, it's speculations and you should never judge base on their say.

I can also see that you want to predict the future price because you seen or read somewhere that Blackrock is anticipating for Bitcoin spot ETF, now what are yiu going to do if the ETF turn down and never approved by SEC, will still stomach it and hold or you are going to sell and live bitcoin?

It's simple except you want to stress yourself over nothing. But bitcoin whenever you see a retracement because that $10k you think will happen might never happen, maybe not now because the market has gain another momentum and has left that November time when it was crashing and calling for help, now it seems a single drop is been cathch sharply by another buyer. You can do DCA when the price drop or just buy and hold but if you are expecting anyone to tell you future price of bitcoin, you will be disappointed.
671  Bitcoin / Bitcoin Discussion / Re: New way to keep your seed phrase secure. on: October 29, 2023, 06:08:10 PM
Idea:
Hello, I am sharing a new idea for keeping your crypto seed phrase safe. You can make your seed phrase more secure by translating it into different languages. For more security use a translator and translate in two or three languages and split them to different papers for more security.

I tried to find wallets which may allow multi language seed phrases but not found one, everything was for wallet software translated into different languages.

Question:
So my question is can we generate seed phrases in a different languages with wallet software? Is there any wallet with this feature?

Have you asked yourself "what if translator had update in the future and when you try to translate from your local language to English, it gives you another meaning." You will lose everything you have in your wallet and that's when you will know that you are in deep shit.

A seed phrase are words that were carefully picked from 2048 words for BIP 39 word list]

Have you asked yourself "what if translator had update in the future and when you try to translate from your local language to English, it gives you another meaning." You will lose everything you have in your wallet and that's when you will know that you are in deep shit.

A seed phrase are words that were carefully picked from 2048 words for BIP 39 word list, any attempt to manipulate or played with these words, it will be difficult for you to have access to your wallet. In addition, it's not even advisable to add your own words to it because doing that, you are not creating a bip39 standard wallet, if you want to use this in another wallet that only recognizes bip39 words, it will not work.

Don't write your seed phrase on a pieces of paper, because it can get damage easily, they can catch fire when expose to fire and worn out if exposed to water. Better use a metallic surface to inscribe your seed phrase and it should be more than 2 so that you can share it in different locations. In the future, you can easily locate one of these backup seed phrase and get easy access to your coins.
672  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: October 29, 2023, 05:09:26 PM
Spending money is never a problem for Chelsea because they have spent a lot in the transfer market in the previous season. Therefore, I don't think the player is expensive for Chelsea management, and I think they will try signing him since it is Pochettino's choice to sign him in order to stabilize the team midfield because he was complaining that he was not the coach that signed these players. That is why the team is struggling to adapt, but I think the manager has reached a stable performance since the team is now becoming more consistent than they used to be at the beginning of the season.

I dislike a person that talk too much without action. It fine since he didn't signed these players but he sold more than 4 players that I can remember if not more, since he already access their performance, why not discard and be done for once? But instead, he just jabbing and give uncalled excuses here and there. Instead of him to be even focus on what the teams are currently doing and improve it, he is already eyeing the January transfer window that is 2 month away, very incompetent manager I must say.

I agree that more signing will not make Chelsea any better if the teams as a whole fail to find their balance and the way to score and win games smoothly.
Chelsea sometimes play good football, sometimes they perform poorly and receive many goals. Chelsea signed a lot of players and here they go to the other half of the table because of the dysfunctional team they tried to build..

They are more like on and off teams. I never expected of them to give Arsenal some tutorials and lessons even when they slept off and allow them to equalized, they did well and ovation deserve for that fight but given up on Brentford is so cold, they didn't just conceded one which one can say they made a mistake, they conceded 2 goals. If they like, they should spend all tbe money for the transfer in their portfolio, you will see that Pochettino is the main problem in that club, it's better Tohd Boehly sell him together with some players and bring in new man for the job.
673  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: October 29, 2023, 04:44:12 PM
Indeed, if you look at this match, Brentford deserved to win. Currently Chelsea is a mid-table team. Many young players, inexperience, no balance, no leaders, no stability. Pochettino still has a lot of work to complete if Chelsea wants to recover and continue to develop their game, especially the front line.

It is very difficult for Chelsea to win at Stamford Bridge, this is something that is heartbreaking, even Brentford, since being promoted back to the EPL, Chelsea always lose.
2021/22 : Chelsea 1-4 Brentford
2022/23 : Chelsea 0-2 Brentford
2023/24 : Chelsea 0-2 Brentford

For the record, Chelsea had 3 win, 1 draw and lost to Brentford in their last matches, this was their record in the last 5 matches. Whereas Brentford was 2 losses, 1 draw and won last 2 matches. If Arsenal Chelsea could give Arsenal some lesson then labour to later equalize, then you will understand that Chelsea are good, it's only their strategy and style of play that is not working recently.

In addition, expressing that Chelsea lack experience players is insulting. Is Mudryk, Sterling, Nicolas, Enzo and many more a joke to you? Team winning is about ups and down, there were times Chelsea were the blues of London, but today the luck is not there yet. In fact Chelsea are not the only player with this condition, it happens in all clubs. Even Manchester City were worst like this at sometime but since 2016, it has been all about them.

674  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: October 29, 2023, 04:15:34 PM
Xavi Hernandez would encourage his new young players to suit up for the main squad, because it's time to elevate the team to the next level, no longer counting on the primary players, but rather sticking to future plans, which are the young players who are eager to start for the team, which might crumble currently, but they will definitely become stronger in games. I doubt Barcelona will reach a vital stage in the UEFA Champions League this season because they are woefully underperforming in La Liga but are yet to show any signs in UCL competition.

I hope you do remember how Barcelona turned into flash in a twinkle of an eye during second leg in Laliga, and that was when Real Madrid start to skip wins in their matches. 4 points differences in a domestic league is too fresh to start to think they will not go far. However, the UEFA stage is excellent condition, having played 3 matches without with 3 wins is something to be happy about, I don't think they will have any problem here perhaps maybe after this point and if they are lucky the way the group stage was easy, it is going to be another inducement to further to Semi final.

Several teams that have consistently won in the last 3 Champions League matches are Bayern Munich, Real Madrid, Manchester City and Barcelona. I think these four teams will only need 2 more wins to maintain their chances of safely qualifying for the next round and I think it will be quite easy for them. For Bayern Munich and Real Madrid, perhaps they are in a quite difficult group because Manchester United and Napoli are predicted to disrupt their chances, but it seems that is no longer a problem. On the other hand, Manchester City and Barcelona are in a group filled mostly with weak teams and I think it will be easier for both of them to secure points in the next match without any problems.

Going further, Barcelona don't have any business in group stage, too real to further into group of 16, Real Madrid will go for sure even with Napoli because out of that 4 teams in their group stage, they are the only attested teams that will move out of the stage, the remaining two will go home, one to Europa while the other one will go home to rest and try again next year.

Watching Elclasico yesterday, it embossed my confidence in Real Madrid to win this season Champions League, we now have another Haaland of last year among us and that's like the only guy that is pumping Real Madrid to win this league this season, even Haaland of Manchester City doesn't comes close to what he is doing right now.
675  Other / Beginners & Help / Re: How much money can you make by investing in Bitcoin? on: October 26, 2023, 03:48:49 PM
Bitcoin is one of the most popular and in-demand coins in the cryptocurrency market. Many are investing on this Bitcoin and even many are investing. When Bitcoin was created, the price of this coin was very low and gradually as time passed, the demand and price of this coin increased. I wish that I invest bitcoins but unfortunately I don't have any bitcoins and don't know how to acquire it. Is investing in Bitcoin easy or complicated? Is it possible to achieve success by investing in Bitcoin? The main thing is how one can earn if he invests in Bitcoin and if he stays for a long time.

I’m not sure what you mean by earning but the moment you buy buy a bitcoin or some sats, as soon as bitcoin start to appreciate in price, you will profit from the increased price and you can view it from your wallet. However, if you are implying on how to increases your bitcoin quantity, then that's where staking service comes into play.

I will not recommend staking but we have people that does it and it's profitable for them though I wouldn't run from the truth, staking comes with a lot of risk, like when you stake your btc either in a centralized or decentralized staking service, you can't unstake until the agree date is reach and there may be an emergency where you may want to sell some quantity but because of staking contract, you can't unstake it. There is potential possibilities of the service not running in the future, we have seen instances where many bankrupted and for what exactly? Because of 2-4% APY, it doesn't worth the stress and anxiety.
676  Other / Beginners & Help / Re: How hacked assets are made re-usable? on: October 26, 2023, 03:27:08 PM
Another thing I forgot to mention is that there are many mixing services through which we can make our funds anonymous. Or, perhaps, hackers use these services to hide their tracks so that they can use those funds (illegally obtained) anonymously? Am I right in any way?


1. How are hacked crypto assets made re-usable?
2. Is tainted crypto a thing?
3. Is there any higher regulatory authority that monitors crypto related illegal activity?



I don't know if it's the proper board for these questions. Let me know if it isn't and I'll move it.

I can say for sure how reliable some mixers are with their reputation but for a certainty, no public mixer that is well known by many people accepts deposit from tainted address.
When there is a news of hack wallet addresses, chain analyst and other websites that analyse flow of btc put this wallet address on watch list so that when bitcoin is received or sent out of the address, it notify them in real time. Instances when mixers received this kind of money, they confiscate the funds and do further research, if it's a public stolen btc or from an exchange, they will not allow the sender have access to it. I believe the exchange in question that was compromised will do anything to contact the mixer through legal mean. If the mixer mix the stolen, then they expect hunt on that mixing company.

I have also seen scenario where stolen btc where sent to centralized exchanges like OKX and Kraken and instantly, the btc were seize and account suspended.

Now to your question:
1.When hack assets become a public watch, consider that coin as useless because no exchange will want to have anything to do with you, not even a decentralized exchange will allow you to pss through the btc in their protocol, if they see such btc, a vote can be pass to hold that btc if you use exchange like run thor swap where you can bridge between two chains.

For p2p sellers and buyers, they are going to run away from you because who want to buy asset that will cause them jail, Nobody will.

2. In Bitcoin protocol, there is nothing like taint btc, an output can be refused again and again and can be sent to another person. Taint btc is just an identified btc that were compromised as a result of exposed private keys from one person to another.

3. There is no such thing as a regulatory authority but if an asset is of course public funds as in the case of exchange hacks, people will watch how the funds are moved from one place to another and sometimes, even Binance spent time in helping victims of hacks tracked wallet. We also have independent crypto individuals and teams that help track wallet; one of them is Lookonchain
677  Economy / Trading Discussion / Re: How long to learn trading? on: October 26, 2023, 01:33:01 PM
It's not actually hard to learn trading knowing there are already steps being set to follow when trading. For me, trading for weeks or a month is good enough. But when you say profitable trading, that one should be learned the hard way. Most likely it will take years before you can consider yourself as a reliable and profitable trader, and it takes a lot of experiences to make you learn out from all your varied mistakes and losses. Believe it or not, even professional traders still cannot assure consistent profits when trading as they still experience some inevitable losses that are definitely hard to avoid.

Moreover, learning trading does not only focus on the learner/trader itself as the capacity and expertise of the mentor also counts. If the mentor trader can easily goes down to the level of the learner at first, I think that is a good strategy for the trader to learn quickly as the mentor can easily asses on what needs to be improved to become a successful and profitable trader.

You are been too confident about how trading is learnt. I hope you know that impacting knowledge is subjective, if it takes you less than a month to understand everything about trading, it can take another person presumably 4 months and perhaps 2 weeks for the genius. We have people like that with very intelligent and fast learning skills. However, I think learning trading and understanding the technicals is not the main problem, the main challenge is how are you going to be consistent in making profit by the time you transform from normal learner to independent trader.

Even strategy of the market changes as the we move from bull run to bear market, the way people makes money and print usdt is very easy as compared to bear market. Even the you tubers that makes all sort of videos to impress new traders don't trade most of the time like this. To understand trading fully, you need to be there because what you learn are theoretical, doing the trading yourself in practical way is the real deal of trading.
678  Economy / Trading Discussion / Re: Delisted/Inactive Coins from Exchange on: October 26, 2023, 01:15:41 PM


As you can see there are tokens or a number of pairs from exchanges that have already been delisted or become inactive.

I'm really curious if there will be an effect of it in our current trading journey or in the market.
It's kinda showing that the more we are in a bear market year, the more pairs are being delisted.
What are your thoughts?

Exchanges are business groups, they need money is the reason why those coins are listed on their exchanges, their is terms and agreement that must be met before they list them and one of the terms is for a coin pair can be deleted if they don't meet with the liquidity requirement.

Some coins or many of them were traded during the bull market because of profits from the listed coins.  Many are already abandoned due to either team ghosted the project or run off, change in trend and also lack of interest from buyers particularly if the coin to is label for some serious allegations.

Another thing is that exchanges like Binance has a requirement that a token or coin must meet to remain in the exchange, if your total daily volume doesn't exceed $3M, they have the right to delist such coin from the exchange. Maybe another bullrun will activated back some of the volumes but I believe some of them are as good as dead.

You may refer to frequently asked questions on why tokens are been delisted from exchange
679  Bitcoin / Legal / Re: Pending justice for SBF on: October 26, 2023, 01:05:30 PM
The justice system is really fucked up. I saw another update on the FXT scam court trial on SBF which really pissed me off because so many people have been affected and till date nothing has been effectively done to the recovery of these loses and still yet the criminal mastermind himself is still walking free in terms of the appropriate justice for the whole saga and this just makes me wonder if truly the system is actually working or are some folks actually bigger than the LAW?
https://coinpedia.org/news/todays-kevin-cofsky-revelation-could-be-a-game-changer-for-ftx-2-0/


I know that American don't joke with her right to peace and freedom but the more I look at Sam Bankman, I feel that American judiciary are been soft on this nigga, they have taken people for granted knowing that the exit scam he pulled off wasn't only the US citizens that were affected, it was both the local exchange(FTX. US) and the global FTX that was drained but they are treating him like it was only the US that was affected. If it was a non US citizen that pull the scam, he will only be allow to drink water since the day he was extradited from Bahamas.

There are so many unanswered questions, why are they protecting his girlfriend Carolina Ellison, that girl has been into hidden from the public, he is been protect by God so knows who? Only a powerful people can do that despite when his male counterpart is been slowly paraded. When are we going to get justice for FTX customers that lost all their money? If they should relaunch FTX without providing answer to these questions, then the joke is on US judiciary.
680  Bitcoin / Bitcoin Discussion / Re: Instagram Banned Bitcoin on: October 25, 2023, 09:46:34 PM
This is shocking news for the Bitcoin banned by Instagram. From its platform, the conversation about Bitcoin and Bitcoin was hidden by Instagram. Until now, Instagram has not given an official statement about this, but there are several users who have started to be affected. Why do you think it is? Is it because Libra and Diem that the project failed or was it ordered by SC or the revenge of the Winklevos brothers who are rich from Bitcoin. Instagram is clearly a platform that does not support freedom of speech and only displays content according to the algorithm they want. What do you think guys ?

I'm surprise that you are surprised, it's not something odd or new about other centralized platforms. Instagram is own by Meta, the parent company of Facebook and Facebook don't like crypto related activities, even when they allow people do post, they only allowed them because they aren't to strict about it but the truth is that, they don't like crypto related activities and that's why Facebook and Google don't like crypto adverts, they don't want to feed people with crypto related adverts.

X(formerly Twitter) is the only platform that recognized bitcoin and crypto, could be because of Jack Dorsey influence as he loves bitcoin back then and now you even get a customized tag for Bitcoin. They should continue but if most people that use all this platform decide not to use them again, I believe they are going to see heavy decline in revenue. A time might come when we will start to have our own social media strictly bitcoin and crypto.
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