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661  Bitcoin / Bitcoin Discussion / Re: My dream is coming close. on: August 27, 2023, 05:55:55 PM
You are not alone, I also have the dream of getting some Bitcoin before 2025, but I believe the chances of making a fortune with Bitcoin is now very slim compared to years back, I know many people don't want to hear this but it's a fact, i do not expect Bitcoin to bring me x15 or x20 like other risky projects, it's not possible anymore, until a wider ray of hope shined down on Bitcoin adoption, maybe in some several years to this time. I am only using Bitcoin to leverage my crypto portfolio, to stay on a more safer side, Bitcoin investment is more safer than every other coins in crypto space but many other coins will get people rich than Bitcoin, this is why we have to expose ourselves to some risks, I don't see why anyone will say no to this, many are into gambling anyway and they take risks here and there, I'd say it's worth the risk.
Though it's not about making a fortune if your dream is only to accumulate a certain amount of Bitcoins, it's still true that it is not as easy as it used to be before because the price of Bitcoin used to be very low back in the day and someone could easily buy one Bitcoin if they had a good income. However, nothing is impossible, one can still achieve one goal if one works hard for it, and we already know that the market can crash anytime to provide an opportunity.

Most people these days are struggling to accumulate enough Bitcoins that they can hold for the future through trading but that requires a lot of hard work and a lot of dedication, however, I don't recommend taking a lot of risks through trading new cryptocurrencies as that can cause you losses sometimes.
662  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: August 27, 2023, 04:58:06 PM
Barcelona vs Villarreal is an exciting game between the two teams, they scored 2-2 at half time. In today's match it becomes difficult to predict which team will win the match as both teams are fighting exceptionally well. Although the two teams have seen a good start, the match is more likely to be a draw. but looking at the way the game is playing at the moment, it can be predicted that the team that attacks well in the second half will be the winner. Moreover, the way both teams are fighting in today's match, maybe the match will be a draw.
In early minutes of this game I was super excited as Barcelona take charge of this match and having good chance for more goals but suddenly Villarreal have good fightback and now after 60 minutes of game they are leading by 3 - 2 which is amazing stuff from them in first half both teams were having good level in performance which allow them to have many goals and end with 2 - 2 but in second half Barcelona having better control of the game but score done by Villarreal and now Barcelona is searching for the equalizer which is not coming with tight defense of Villarreal even Barcelona attack is also effective, but things are looking not easy for them to bring them match back at the level now just 25 minutes left so can we have some more action from Barcelona or home side going to have second victory of this season.
663  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: August 26, 2023, 05:52:15 PM
Afghanistan lost their 7 wickets in just 30 overs, and the score is under 170 so 100% Pakistan can easily win this match. It doesn't matter whether Pakistan's batting is good or bad because Pakistan's bowlers do something to win the match for Pakistan. Faheem Ashraf took 2 wickets, Shadab Khan also took 2 wickets and M.Nawaz also took 2 wickets. I can bet that Pakistan easily win this match. Agree or not?
This is last match before Asia Cup and now every team is looking for the better performance in this big event and Pakistan is already done good job in this series even their batting is not as par their requirement which can create problems for them against the teams like Sri Lanka and India because these two have few good experienced and quality players which will give them tough time but right now they are doing good job in today match we have same situation like we have in first match their batting was badly struggling, but some good support from the lower order helps them for having better runs on the board.

Afghanistan is again and again struggling in batting as they have no depth in their batting with top order fail to give them consistent performance which is important for the International games, hopefully they will do something better in Asia Cup even now time is short, and they have no enough sources as well.
664  Alternate cryptocurrencies / Altcoin Discussion / Re: Past 3 days what did you brought in the crash? on: August 26, 2023, 09:23:23 AM
I bought 100 ARB coins for 0.9$. I hope this will be a good investment in the long run. What about you guys? Did you invest anything for keeping long?
I'm accumulating Bitcoins at the moment and if I feel like I should buy some altcoins as well, I will probably go with the most trusted ones, for now, such as ETH because I'm not in the position to take any risks and I know that buying any other altcoin will pose some risk as anything can happen with them at any given time and we have seen that happening in the past, so it's better to play it safe instead of regretting your decisions when the bull run begins.

Also, I prefer doing DCA and not investing everything I have because I don't believe that this is the bottom of the market but I think there can be a deeper dip and if I spend everything at once, I won't be able to buy at a lower price and that will be an opportunity that I would never want to miss.
665  Economy / Speculation / Re: Bitcoin Market Price in Respect of News on: August 25, 2023, 07:18:51 PM
I think news has always played an important role in determining the price movement of Bitcoin. Positive news about Bitcoin sometimes really contributes to the upswing in the market. News affects the price of Bitcoin, when we get good news about Bitcoin, investors are more interested in investing.  Mainly in bear market people try to hold bitcoins inspired by news media but if similar news had come out during bull market it would have had more impact than it is now. If you look at the current time it can be seen that there is a tendency to focus a lot on global news.  The popularity will increase day by day as Bitcoin is now one of the focus of the news media.
I do not think that news is the thing that makes bitcoin price move, I think it's more like reaction to the news and then the snowball impact of the market. When you see it crash so quickly like it did, remember that there are people who long and short futures, and that means that some people will take on their profit, and some people will have their bitcoin turned into USDT just because they were wrong and that means bitcoin sold, and that causes trouble.

Plus, a lot of people have sell orders, so when it goes down, they end up selling it too. When you combine these two together, going down even 1k would have a trouble of going down 4k as well, that's just how it works and we should be a lot more careful about it for sure.
666  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: August 25, 2023, 05:09:11 PM
Ronaldo's prediction that the division will be among the top five in less than five years? I personally believe that it will arrive within two days. Now, discussing Liverpool, come on. Do you truly believe that they will simply let Salah walk away? Liverpool won't let its golden goose fly away before the transfer window closes

Steven Gerrard, however, has his sights set on Liverpool's top players. I've heard rumors, but don't cite me, that Salah has already signed a secret handshake agreement with Gerrard's team. If this occurs, Liverpool is in for a bumpy journey. They have already lost more players to the Saudi league than I have lost underwear in the wash, which is saying something
I am not agreed with this statement about Saudi League could be in top five because it has never been easier even they are spending huge amount for the top players and better results it's going to take very long time with many aspects have to check how they could be in next few years after many big names now we have Mohammad Salah in Saudi League rumors but most chances Jürgen Klopp will not let him go because he understood if they will allow then surely It's going to be terrible for the Liverpool right now they already lost too many big names so losing more for the Saudi League cause is going to have trouble for them.

His contract is until 2025 with this most chances if we have any move then it's going to happen in 2024 because this season is crucial for the Liverpool, and they want their top four spot back in Premier League and right now it's without Mohammad Salah, not easy job.
667  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: August 24, 2023, 06:11:35 PM
And it really takes extra patience for football lovers, especially Chlasea fans, to be able to watch very entertaining matches played by Chelsea players, like the era of Didier Drogba et al a few seasons ago.
and the coach is not a magician who can change Chelsea in a short time, it takes a long process and must be given a long time to improve the team for the better. And if there is a constant change of coaches when Chelsea don't change, then Chelsea can never change.
Patience is key for the success at the top with owner and coach both need to have something extraordinary if they want to be best like we have Abramovich who is still regarded as one the best in business and Chelsea have many trophies under his era as he was doing good job as owner but right now Todd is surely creating mess-up which hurt them badly in last season and if they keep things like these surely it is going to have more problem for them in coming weeks as well he needs to allow coach to do things as he wants which is best for the team and coach interference is surely going to create problem and Pochettino will feel pressure which will be not good for them and their team's performance but allowing him for his strategy is surely going to have suitable for the better end of this season.
668  Economy / Economics / Re: Criteria for Evaluating Potential Cryptocurrencies for Investment in the Market: on: August 24, 2023, 05:40:52 PM
That's in theory and what you say is not wrong, but if you look at the reality all the criteria you mentioned are useless. For me in the crypto market, apart from bitcoin being a trustworthy project, we can trust the technology and the benefits it brings. The rest, don't believe anything they say, it's all just empty theory. Do you remember projects like EOS, NEM, LISK...do you still see what value it brings to us? If I'm not mistaken, they have claimed to bring us advanced technologies that are far superior to what bitcoin has. But what have they done so far? And other altcoins like Sol, Near or Avax...where are they in this bear season and what has their technology done for us? It's all just cliché and useless. When investing in altcoins, it all depends on our luck, don't believe what they say.
Well, I wouldn't say that your point is incorrect because if I say that, I'll be wrong, however, I believe it is not as severe as you are describing it. Sure, altcoins are not as trusted as Bitcoin, most of them are not trusted at all, but there are some altcoins that can be used for investment purposes as they have been around for quite some time and they have been performing pretty well over the course, so maybe we can say that there are some exceptions.

After Bitcoin, Ethereum is the most trusted cryptocurrency and it has been going side by side with Bitcoin, never leaving position number 2, also, there are about 10 to 15 cryptocurrencies that are generally not bad, though you are right that we can't completely trust them as anything can happen.
669  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: August 23, 2023, 06:10:09 PM
Pochettino has a great responsibility. Last year, Potter left Chelsea a wreck. Actually, his staff was good, but he finished the league in the lower ranks, no matter how difficult it was. Chelsea has always been a team that competes in the top four. Although expectations for Pochettino are lower this year because of the bad chart last year, I hope they will be in the top four this year.
Pochetino should be able to do that. He was given very abundant funds, he was given freedom of transfer. He should have many chances to make the player of his dreams. With Tottenham he was always in the top 7 so there is great hope he can do better with Chelsea. But indeed, as long as he has been a coach, no major championship title can be obtained.
Right now, we can't predict about anything because nothing is clear as many teams are giving their best which was not expected, and few teams are still in limbo which is surely interesting even Pochettino done good job in transfer window, but there are rumors still Todd is interfering in players transfer which is not good because with this most chances they can face another problem in this season like they have in last season.

Performance is still not bad, but they need few players to be adopted these conditions and also have better use of this all adjustment which can bring good results for the team in coming weeks, but now situation is clear we will have one of the most entertaining season coming to watch with these top teams.
670  Economy / Trading Discussion / Re: Bitcoin trading and gambling on: August 23, 2023, 10:45:03 AM
They both might share some common elements, but they are contrasting activities. With trading you often need strategic decision-making, analysis and research, while gambling is all about stakes. Crypto trading offers vast opportunities and risk free events like KCGI trading contest unlike gambling where you only rely on luck and chance
Nothing is free from risk, everything that has the possibility of profit will be proportional to the risks that will be faced, trading and gambling have significant differences, as well as the risks and benefits that may be obtained, and also both still have a strategy and analysis so that not a benchmark.
So we can choose between the two with different risk awareness in between.
There is basically no strategy in gambling, when we talk about gambling games, there is absolutely no strategy nor any knowledge or experience required, but if we talk about sports betting, one might build a strategy about which games they will be betting on or they might be choosing matches to bet on based on the winning odds, etc. And, sports betting also requires the bettor to have some knowledge and experience about the sport they will be betting on.

On the other hand, Bitcoin trading, whether in futures or spot markets, has to be executed as per a proper plan based on research and analysis. When you are investing for the long run, you might not need to do much but when you are a day trader, you will need to have a lot of knowledge and experience.
671  Economy / Speculation / Re: take advantage of opportunities on: August 23, 2023, 09:31:10 AM
People will go more closer to bitcoin investment when the price goes up as they see the success of bitcoin but once the price goes down people get afraid of it instead of buying it which is totally a wrong concept.

As this time the price is 26k$ so everyone has the opportunity to take the benefit of this lower price by collection of bitcoin but instead of taking some positive step they run away from it which means that they are so innocent that they can accept their loss but cannot wait more to take advantage out of it.

I think one should buy bitcoin no matter how much but if they can afford so they should buy because as good news originates the price will go more higher again but it is necessary to wait for the exact duration as we don't known when will the market become boost up.
Well, it's not innocence that makes people run away from the market but it is fear and panic that makes them do that and these two things can be found in people that have very limited knowledge about the market and cryptocurrencies in general, otherwise, they would know that a dip like this is basically an opportunity for those who have money to buy more assets because buying lower means getting higher profits when the market enters the bull run.

Also, for those who feel that this is still not the right time to buy and they are waiting for the dip to go deeper, I would suggest they use the DCA method and start buying in portions so that they don't miss out on this opportunity in case the market doesn't go further down and starts going up from here.
672  Economy / Trading Discussion / Re: When Trading becomes Unfavourable on: August 23, 2023, 06:28:41 AM
Sticking to the original trading plan is actually good but there are circumstance in the course of the trade that will necessitate a change of plan that's why as a trader always have a contingency plan/strategy for every trade you execute so you don't get stucked in the middle of a trade that's not going in your favour and needs an immediate change of action you don't start working on emotions and blind trading.
Those who work with trading plan are the ones that will become successful in trading because greed is one of the things that will that keep making traders to end up in loses. It is good to always ask questions no meter how good we are in trading. Traders need a lot of effort to analyze the market so that one can be more profitable as a trader. Those we keep losing in trading are doing that because of eithner they are not ready to learn or they can't analyze the market very well. Market analysis is a very important part if being a trader unless we are using bots.
You don't always have to change your plan just because of greed but it can sometimes be done so that you don't face a higher loss from that trade, and even if you are changing the plan so that you can get a higher profit percentage, I don't see anything wrong with that as long as you have your stop-loss placed at the right position that won't let you incur losses in case the price reverses and doesn't hit the take profit target that you were expecting.

However, I agree that there is nothing wrong in changing your plan as per the market conditions at a certain time, and that is why, it is always best to place your trades with proper risk-management techniques so that even if you have to change plans in the middle, you don't face any issues.
673  Economy / Economics / Re: Real estate vs cryptocurrencies vs business on: August 21, 2023, 07:44:15 PM
Good land locations translate in high cost of investment  which is the ugly side about real estate...
True, that's why only the rich corporations are able to do that unless you're someone who's focused in real estate and is an individual that has a lot of resources and can take a loan and mortgage favored by the banks. Otherwise, you're just going to see the corporations that are on this industry to keep on developing those good locations and they will just rinse and repeat it. Still, you can do some scouting on other locations that are not yet swarmed by properties and companies haven't developed yet.
One can't start sitting and having a drink with the whales right after getting into a business, it needs a lot of hard work and determination. When you are getting into real estate, you will need to start from the bottom and climb up to the top over time, you will need to learn and grow from others around you, you might not have the resources initially but you have the brains and that is what you will need to put at work, observe and learn every tactic that can be useful for you when you have built the resources.

If you don't give up, start buying small places from not very famous locations and keep saving up and continue doing that for some time, you will eventually be able to stand tall side by side with those corporations that you thought are too big for you to handle. Nothing is impossible if you have the determination to achieve it.
674  Bitcoin / Bitcoin Discussion / Re: Bitcoin obsession! on: August 21, 2023, 06:55:33 PM
I think people's obsession in bitcoin investment is mostly about the profit, recently I rarely see people talk about how to make bitcoin legally used for purchasing goods. people always talk about profit. it is risky for newbie, if they only obsess with profit and don't learn many things that related to bitcoin then they maybe panic when bearish market trend come. I think it is important to always tell them that DCA is the best thing to do for them now.
I think ever before someone even tries to go into any investment, he or she might have done proper research about what he is probably getting his or her hand into so you dont end up regretting. As for the use of Bitcoin as an investment purpose, well it's pretty clear we humans just love wear to get profits from and it's no new thing again about the possible profits one could enquire through Bitcoin investment.
A lot of people, specifically newbies, don't do any research before making their first investments in cryptocurrencies, they might hear someone praising a certain cryptocurrency, talking about how much profit it can provide in such a short period of time, what kind of benefits it provides to its users, how much interest one can get for holding a certain amount of tokens, etc. All these are said for certain altcoins and newbies start investing without any proper research.

A very large number of investors lose money just because someone in one side of the world has misused the name of blockchain and cryptocurrencies and created a platform to fool newbies promising them good returns on their investments and a lot of benefits while running away with their money at the end.
675  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Another red day on: August 20, 2023, 06:39:19 PM
After 15 days, it's still the same. Additionally, the major ones like BTC and ETH are down.

This is just the cycle I guess. A lot of people probably are selling off with their holdings because of something that they have to do. We can never predict the market but we can only hope for the best ones. Just keep accumulating if you have the capacity to, and if you have some opportunity to profit or take advantage of it, I think it would be ok.
It's probably okay for those who have bought just recently and are going to sell back for some profit hoping that they can buy lower maybe, but those who have bought way back and have been waiting for a very long time for the market to go up are supposed to keep holding because even if they are not in loss and getting a few percentages of profit, it's not really worth it after all that wait, now when the halving is so close and so is the long-anticipated bull run.

Right now is the accumulation phase, as you said, those who can afford to do so should keep accumulating with every drop in the price so that they can reap as much profit as possible when we enter the bull market, and those who can't do that should simply keep holding and waiting for it to come.
676  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin Instead of Gold? on: August 20, 2023, 06:02:16 PM
The answer to a debate that is constantly discussed on social media accounts and news outlets may open doors to different answers for everyone. So, Why Bitcoin Instead of Gold for you?

If this topic has been discussed before, I would appreciate it if you could enlighten me.
I don't choose one out of the two, and my reason for purchasing any of them would totally be dependent on my financial goals and targets. If I'm looking for quicker profits and ready to risk my money, I would go with Bitcoin, even after knowing that though I may not lose my money but it can get devalued for years if the cycle restarts since I will then have to wait for the bull run so that the market can actually recover back to the point where I've bought.

But, if my goal is to just get steady and long-term profits without the fear of losing any value for my investment, I will definitely go with Gold since I know its a more stable investment and will surely give me some returns after any period of time if I wish to sell them unlike Bitcoin which has cycles.
677  Economy / Speculation / Re: what a surprise dip on: August 20, 2023, 05:26:40 PM
I got notified few minutes ago on the sudden drop of -11 % bitcoin price and I also noticed same thing also affected other altcoin, while in a post they said of price surging within 72hrs that is to say that from now till 20 August we might see a potential Green and may cross above 30k within the next 3 days.

But to my surprise seeing that bitcoin already gone below the predicted price, although I can't still argue the fact that price can be manipulative and something positive could hit the market and, instantaneously changes direction just as it did happen now. Such effect could like happened to bitcoin and the price might dip more or surge more.

What is possibly to happen in the market, more dip that's seeing below 20k or something similar?
And is this another sign for bear market?
This is not a sign of a bear market, it is just the result of aggressive selling by SpaceX as we heard in the updates from around the internet, and when that happened, a lot of investors might have panic sold as well resulting in the price to dip more. Now, it is not really going to be too easy for the price to recover back and get to $30k this soon because the market hasn't been so strong and we have been seeing that for some months now being stagnant around $30k.

I don't really think that the price will go around $20k but I feel like this is not the last dip yet and there will still be some more declining coming up in the next few days, once that happens, then the market might start recovering as whales will start buying back once again once the price hits the bottom.
678  Alternate cryptocurrencies / Altcoin Discussion / Re: How to tell if a new coin is worth investing in! on: August 20, 2023, 03:41:35 PM
If a coin introduces a completely new technology that enables a different function and is sustainable in the long term, does it have the potential to be a worthwhile investment?
It totally depends on what they are introducing and whether they are actually going to follow their promises or not. A good team behind the project is one of the fundamental things to be noticed since the team is the pillar of a project that won't let it fall and will keep it going the way it should. So, before you go ahead and start evaluating other things, you should first check if the project has a good team with a good track record and a history of successful ventures.

After that, you should check their whitepaper and see if their promises are actually realistic and if they can fulfill them without any issues or if they have written a bunch of crap that is only to fool the investors and they can never actually achieve what they are promising they would, that will pretty much give you an idea about the project and its potential.
679  Economy / Trading Discussion / Re: What could be the problem here? on: August 19, 2023, 07:22:39 PM
I will tell you that this is a normal phenomenon and everyone goes through it. In my opinion it is very good that you are looking for a solution to the issue and turned to other people for advice.
Of course, you need to analyze losing trades and understand what you are doing wrong, but unfortunately, even such an in-depth analysis does not guarantee that if you eliminate errors, you will not suffer losses. Trading is a high-risk activity and even with a lot of experience and knowledge, you can fail
In any case, I wish you to be healthy and happy!
A knowledgeable and experienced trader will not lose every single trade, I know that losses are inevitable and even the most expert traders will experience losses, but winning 10 trades and then losing 1 does not mean that you are failing but it is a part of the journey. There can never be complete perfection in anything that you do in your life but if you are doing it well for the most part, it means you are doing pretty well and that is also the case with trading.

So when someone is losing a few trades but making good profit with other trades, they are basically not failing but they should always evaluate their failed trades and learn from their mistakes so that they don't repeat them and have a higher success rate for their future trades and keep learning and growing.
680  Economy / Economics / Re: Running faucet business in 2023 still possible? on: August 19, 2023, 06:23:01 PM
From someone who have claimed faucets almost all his days in 2016-2018 and managed to make some good money from just faucet claiming, I can't help but thinking how those running faucets at that time making money from it.

Since I don't see many people talking about this today I will like to ask for your help if any one knows of any places that I can learn about how to run my own faucet and how to make money out of it? .

Running Doge coin and few other old cheap coins like Litecoin Faucet is still doable, I can even add the likes of Shiba too,  where do you think I should start from? What do I need to learn about?

Lastly, what advice do you have for my goal?
I don't really think that's a good idea, people barely use faucet sites these days, it was the good old days when all of us used to claim free Bitcoins from faucets but it was the time when Bitcoin wasn't this high and it was worth doing it but most people know they will be getting peanuts from these sites and it is just a waste of time. All faucet sites I used to know have closed down except freebitco.in which is still running but has evolved now and is very much popular.

Faucet sites used to earn money through the ads they used to display on their websites and since they used to get a lot of visitors every day, it used to be enough for them to fund the faucet and keep it running, they also used to collect donations. Getting that many visitors on a faucet site today will be a big challenge.
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