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721  Bitcoin / Bitcoin Discussion / Re: Knowing Bitcoin price history is important on: January 24, 2024, 10:59:17 PM
Knowledge is always important, be it crypto or bitcoins. If you don’t have enough knowledge about the history of the asset where you are trying to invest, then definitely after a certain period you will make losses. Bitcoins price history is important because it sets the trend when the price has gone up and when it went down. If you estimate the future price through this, then no one can stop you from making tons of money. For me Bitcoins are always more valuable than gold.
Yes. It’s always an edge if we know the history of bitcoin, it’s price movement and the reasons behind why it’s price had gone high or low. With this, investing in bitcoin brings confidence despite of its high volatility, knowing it will definitely recover everytime its price plummets. Unlike if you have no certain knowledge on your investment, it would be hard for you to determine its future if you are not knowledgeable as well on its past history events.
This knowledge about bitcoin price history is important for those investors who do their own analysis of the market based on the past price of bitcoin so they can come up with predictions about the market. Some technical analysis involves the past movement of bitcoin to show why their prediction will be correct at most. Let's take an example: bull run. Because of the past records or charts of the bitcoin market, they can see the pattern where bull run might come, and from that, they predicted and noticed that bull run comes every 4 years or so, so in 2024-2025, bull run might come anytime. That's why the halving session is starting. It indicates that thanks to the informative market chart from the start of bitcoin, those who do analysis can give or share a good analysis for the investors to follow, and thanks to that, we can earn and ride the waves.
722  Economy / Economics / Re: The productive capacities of an individual to the society. on: January 24, 2024, 10:12:29 PM
I also do agree with the OP's statement but remember that not all individuals has the same situation or status in life sad reality no matter what you said about individuality there are masses of people that relying on government these individuals are those who doesn't have the ability to study that's why they can't have a proper job to get a source of income, but also we can't blame government into this or that ots government's responsibility, but practically yes they responsible of helping those in need but not to the extent that those people will rely all their needs to government no, even if you don't have the capability to have a proper job its your responsibility as an individual to find your way to have an income and not rely only to the government or other people, we should be independent, so that we will not rely on other because if they are not around then what will happen to us right?.
723  Economy / Economics / Re: Why Bitcoin is the only crypto you should BUY on: January 24, 2024, 09:56:56 PM
Yeah I don't know why the OP first talks about Bitcoin and then shoehorns Tether in. I agree that Bitcoin is essentially different from the others, but precisely Tether which is a stablecoin that raises many flags is not understood. In my case I only have Bitcoin and I do not see bad to have a small percentage of some alt, as I believe that in the future the Bitcoin will coexist with them, but the question is which ones will survive.
I'm of the same opinion as you, most of our investment in crypto should be in Bitcoin. Then if it interests you as an investor to add some Altcoins to your portfolio, as variety is the spice of life and definitely some altcoins such as ETH will coexist alongside Bitcoin. Then one should go for those altcoins with use cases, and it should be a smaller percentage of your funds, in case the project eventually failed, and ETH is a typical example of an altcoin that worth investing on.
Well, I agree with bitcoin and altcoins, but will you limit yourself to those options only? Honestly, I invested in coins other than bitcoin and some altcoins. What kind of coins? Shitcoins, memecoins, or new emerging coins—why? Simply to increase or maximise my earnings or profit, yes, it could be risky or not a good way to invest, but I have my own way of taking advantage of those newly emerged coins. Simply put, if I see a coin that has the potential to stay even for quite a while and see the opportunity to hoard coins and sell them before they drop sharply or drop until the coins can't be sustained, it may seem like a bad move, but for me, it works, so maybe it depends on the investors on how they will find their way in the crypto currency market on how to earn efficiently. If it works for you, that doesn't mean it will also work for you.
724  Economy / Gambling discussion / Re: Can a social or casual good guesser make better gambling prediction carrier? on: January 24, 2024, 09:36:17 PM
I am concerned to ask, can such a person build a gambling carrier with such an excellent guessing prohibition? Or he should trash it all and believe that gambling predictions remains a game of luck?
As it has already been said that gambling is not about guessing but about predicting, and the two mean entirely different things although they be taken to mean the same thing. When you are just guessing, you are just making choices randomly based on what you think is right not even minding any underlying historical facts or statistics about your choices, but when you're making a prediction, you're not just making a random choice but a calculated choice based on analysis that has been made.

Prediction is not a random choice; you make a prediction based on your analysis or your understanding of a situation, and from that, you will come up with a prediction that has a basis, not just some random decision, while in guessing from the word itself, you will make a decision or guess based only on what you think, meaning guessing doesn't have a basis; it's a pure guess and such. Anyway, for the OP's statement, I don't think just a good guesser could also become a good gambler; if he is lucky enough, maybe he has a shot, but if it's pure guessing, expect that he will lose money from gambling. Gambling is different from guessing; it has a weight—the weight of losing money.

So if you think you have a shot at gambling just because you are good at making random choices or decisions, then think again. Are you ready for the consequences?.
725  Economy / Gambling discussion / Re: Transparent dices ? on: January 24, 2024, 08:40:28 AM
i think that whether the dice are transparent or not, it's the same, because if the casino wants to cheat from the start, they can do it regardless of whether the dice are transparent or not, surely they have a way to increase their winnings.

therefore, always play at a casino that is directly supervised by the gaming commission so that your chances of being cheated can be reduced. because usually casinos that are regulated and supervised by the gaming commission provide games that are quite trustworthy, so players can gamble without worrying about being cheated.
True, who's gambler will play in a not-trusted casino, right? Of course, if you are a cautious gambler or person, you will search the establishment to see if it has a reputation for cheating their customers, but if you are just playing, then you're lost. because, in sad reality, no matter what establishment it is or casino, they have their way to control the money that they can lose when the customers are winning, not in the form of cheating in the sense that they will dry the customer's fund but to avoid customers getting too much win.

Worry if the casino is virtual because it's easier to rig the games in an online casino as they can be programmed, so playing in a physical casino or in a physical casino is more okay if you want to make sure that you avoid casinos that cheat their customers. If you will play online gambling, then you better do sports betting because your winnings and losses will depend on the result of a match.
726  Bitcoin / Bitcoin Discussion / Re: Gaurd yourself this year against crypto scams on: January 24, 2024, 07:57:25 AM
👉get rid of your get rich scheme mentality : I know a lot of persons would be expecting me to say read their whitepaper, but like I said this guys are getting more smart and making a good whitepaper with excellent road map and all would not be a problem to them. But thign I know they can't change so easily is their offers, they would always work on your greed, trying to entice you with silly offers that are so good to be true. I'm crying 😢 right now cause I also wished they were true, but sorry they aren't and don't fall to such this year.
Common mistakes of new investors in investing in bitcoin, but the thing is, they are afraid of investing in bitcoin because they know how much they need without thinking that they can invest in bitcoin via the DCA method, and because of that, they will find their own coin, or they will seek those coins that seem promising. They will be swayed by the white paper or the hype without analysing on their own if the coin they see is legit. Airdrop is one of the schemes that scammers use. They will give airdrops from their coins, and before the investor transfers the amount to their wallet, they will be required to deposit money or an asset.

👉only invest in bitcoin 😎:  by know we all know that bitcoin is the only reliable crypto right now. And I have history to prove that, to me every other  project is not decentralized as they claim to be because they still have a kind of supervisory body even tho they claim not to, people did fund those projects remember and they would want something, nothing is free, no altcoin is completely decentralized.
I slightly disagree with this. There are many altcoins out there that have potential, and for as I called myself a self-hunter, I hunt or look for those new coins that are in the market that have the potential, or more like I'm taking advantage of the freshness of the coins. If I analyse that the coin will pump even a little, then I will hoard a lot of its coins while its price is cheap, and if I see that the market for those coins will be gone, then I will sell all of my holdings. It's all about analysing the market and potential coins, so you just need to make an effort and put in hard work.
727  Economy / Gambling discussion / Re: Do you preffer your dealer talkative or not? on: January 24, 2024, 05:55:44 AM
I think it depends on my emotional state at the specific time, day, or moment while playing gambling games with dealers involved. For example, if you are in a serious or calm mode, of course you don't want someone to distract you, but if the dealer is talkative, then you will lose focus and end up listening to the dealer's story, and at the end you might blame them. But if you are in a neutral mode or just having a chill gambling session and the dealer is quite fun, then maybe it is better to hear funny stories so that you will not be bored and the dealer will be too.

But not all people are the same; maybe in one session of a game where a dealer is involved, many players or bettors are present, and not all will be happy if someone is talking in front of them; it may affect their strategy or focus. That's why, if you search in a physical casino, the dealers are most likely silent and just stating the flow of the game or the card results. So in general, maybe it's better if the dealer is silent; it may be hard for them, but we can't do anything from there.
728  Bitcoin / Bitcoin Discussion / Re: Is there any good explanation to this dip on: January 24, 2024, 01:41:36 AM
This happening is a good sign that you should buy more bitcoin. It's like a correction in the bitcoin market; we can't expect that it's all about increasing in price. The crypto market should have a correction in order to have a balance in the market. and maybe many big investors sell their bitcoin for some reason, but this happening is having good benefits for us investors because it means that we could buy more bitcoin at a low price before the upcoming bull run.

But of course, you better watch out because the price dip might go further, so you better analyse the market when to buy coins in order your liquidity can sustain the down trade of the market. So take it easy. It may seem like a bad sign, but it's not. You can take advantage of the market dip and take the reward. It's up to you if you will take the risks.
729  Bitcoin / Bitcoin Discussion / Re: If satoshi shows he has still controll of all of his coins what would happen ? on: January 23, 2024, 11:46:42 PM
If he has control over the coin bitcoin, then bitcoin will never be as it was. I mean, its current price. I don't think that it will reach this point because bitcoin has gone through its current price because no one controls it, maybe us or whales, but it is not like we could change the market every time we want without sacrificing anything. And imagine if Satoshi can manipulate the price of bitcoin, then many investors will get out of investing in bitcoin, or worst case scenario, there will be no investors at all. In short, complete chaos will ensue; bitcoin will never be as we know it now if it is being controlled by even the creators themselves. But from what we are seeing Satoshi or other creators of bitcoin are silent, maybe for a particular reason, but one thing I'm sure of is that they are letting us investors do what we want with bitcoin; simply put, bitcoin is freedom in the financial aspect.
730  Economy / Economics / Re: My life plan for wealth and btc good idea on: January 23, 2024, 10:51:37 PM
I think what the OP is asking is an analysis of the market so that he can invest in bitcoin or know when to invest either holding or doing trade. I don't know the information the OP said is not complete and also misleading and not clear, so I think he is asking a person that will do market analysis for him, and he is willing to pay. It may be a good way to earn money or an alternative, and even if you don't know much about the bitcoin market, you can hire someone to do that for you.

But the risk is there. I hope OP is aware that there are a lot of people with malicious intent scattered around, or, let's say, scammers, who will take advantage of those who are new and have a little knowledge about bitcoin. So OP, be careful. Think first before you engage in someone's proposal if there is one. I hope you know the basics of crypto currency so you can secure your money and not fall under the palm of a scammer.
731  Bitcoin / Bitcoin Discussion / Re: Can bitcoin completely erase the Traditional Banking System? on: January 23, 2024, 10:31:25 PM
I think not; is there a possibility? Maybe? If you're sure that bitcoin will stay for a very long time, don't get me wrong. I'm into bitcoin and I want it to stay forever, but as stated, there is only a limited amount of bitcoin that we can mine. Traditional banking runs most of the world's financial systems. Imagine if you replace it. There will be a lot of work to do. I work in a bank, mainly in data migration, and I'll tell you, banking is so complicated that it can't be easily replaced.

 It's easy to say that we can replace banking using crypto currency, but there's a lot of things going on inside the bank that you didn't know, so I would say no. Bitcoin or any cryptocurrency can't erase or remove banking systems because if you do so, you strip away the financial system in the world. It's a possible dream, yes, but if you look realistically, it will be hard to migrate banking systems into crypto currency.
732  Bitcoin / Bitcoin Discussion / Re: Why the rush to gain profit in crypto? on: January 23, 2024, 10:10:06 PM
  The crypto currency space is filled with a lot of positive and life changing opportunities, but it also have it's negative sides as well, especially to those who have little knowledge about Crypto currency, lately  there are a lot of fake influencers, fake media whales, scams, fake Airdrops especially on the social media that could lead new crypto beginners to invest their time and money on projects that would do them more harm than good. A lot of people see Crypto currency as an agenda to get rich quick, well there are chances that it's possible, with the right investment and skill, but before you venture into the crypto space currently you must be prepared with a vast knowledge of how to overcome this negative activities, cause it would help one to know the right choice of crypto investment as well as knowing how to detect scam project and fake influencers that could lure you into wrong investments.
   People are desperate cause the feel like since everyone is making emphasis on the bull run, the fear of missing out makes them partake into fake airdrop and news.  A lot of people will want to capitalize on this opportunity to spread fake news and propaganda luring poor people to waist their time and resources. Getting the right information is very paramount in the crypto world, the right information will give you the right results.

I cannot say why people are so drawn towards investing in other cryptocurrency other than Bitcoin, or at least above the top 20 coins... Maybe its a mindset of hoping to be on the next 3000% pump?

For me, Bitcoin is first and foremost a hedge against fiat and government. Bitcoin is how I can feel like my money actually belongs to me and only me. It being an investment that steadily and quickly rises in value is nothing more than a bonus to me.

People who buy crypto in hopes of making profits can make profits, sure. But their fiat profits will become meaningless in the future. The best thing to do is make sure your profits are in Bitcoin.
Maybe they are just finding another opportunities in other crypto currencies, honestly I'm a hunter when it comes to finding potential coins that could give potential profit to be, more like I also take advantage of those new coins as long as they still in a good position, lets say I invest in new coins that is legitimate and wait for the perfect timing to sell the assets before it drops, yes its too risky but if I don't explore and find opportunities in other coins then I couldn't earn more, yes earning more is my goal but the thing is some of my earnings will be go to bitcoin investment, doing DCA in order to accumulate some bitcoin and my dream to own a whole worth bitcoin, but I have a long way to that, but as long as I see opportunities in the market I will keep on investing in bitcoin and other coins as long as they could give me profit.
733  Economy / Gambling discussion / Re: What You will do in this situation? on: January 23, 2024, 09:49:40 PM
You know, no matter what kind of gambling it is, it's all the same; you will still lose money from it, and it depends on the amount you bet or use. That's the amount you will lose. For example, if you have $100 in capital or funds, even if you are playing slots, you could possibly lose that capital, and also in sports, you can lose that capital in one bet or one game. The difference is how you will lose it. In slots, maybe you will spend a lot of time and try before you lose all the capital, while in sports betting, even in one bet, you could lose it all. So I don't think introducing sports betting will help him a lot, maybe at some point, because, as you've said, he likes watching football, but that doesn't mean he has the edge to keep winning in sports betting. In short, slots and sports betting are the same gambling games, and at the bottom line, you will still lose money from them. But it's good character to be concerned about other gamblers.
734  Economy / Trading Discussion / Re: Do not use more than 2x leverage on: January 23, 2024, 08:37:10 AM
there's reason why these high leverages exist in the first place though its to give bigger opportunity for those that are brave enough to bet on their decision and I think thats fair, if anyone is losing big with future thats because they are reckless not knowing how to trade, these leverage are good and I personally have made quite good amount of money from these leverages.
its just that some random newbie trying to make it big using leverage that is over their capability and then go around venting is just really try to give bad reputation for this high leverage mechanism but overall i think there are many people that take advantage of this feature still.
imagine with $1 you can just 100x leverage since you are so sure that the coin is gonna be rising anyway and then you are investing as if you invested $100 but with only $1 i think thats fair enough.
but of course the risk is also higher but overall its fair game to be honest.
Placing $1 just as an experiment to see how effective using x100 leverage is, this will be a great thing when the trade is successful.
There will be no psychological disturbance when only using $1, but beginners will have different thoughts, there will be a lot of bets used because they cannot manage and whether using large orders will be risky or not. whereas if the trade failed by x100, it would wipe out all their assets. So the use of leverage must be wise enough and must not be greedy or in accordance with the trader's abilities and knowledge.
I don't think that you will see the effectiveness of your trading skills by increasing the leverage to x100 and only staking $1 because the liquidity is too low. The liquidity will not be able to handle even the slightest down trade.

But the most important thing to remember is that if you will do an experiment like this, increasing the leverage and opening a trade, then make sure that the funds you have in the trading account are meant for that experimentation or that the funds will not affect your financial state even if they are gone. honestly, I sometimes do this kind of trading, increasing the leverage too much and just seeing what will happen, but no matter what the result, lose or win trade, it will not affect my other funds as I have a separate account for live trading. You should always take precautions to secure your funds.
735  Bitcoin / Bitcoin Discussion / Re: Prepare for the Next Dip before the Real Bull. on: January 23, 2024, 08:01:13 AM
Surely this time of the market is the best time to invest in bitcoin, as according to everyone in this forum, but the thing is, not all of us have the money and capital to use for investing. That's why, as we are saying and according to the OP, DCA is the best alternative to invest in bitcoin or to have holdings so that when the most-awaited bull run will, they will ride the rocket and earn some money, but it's not that simple; it's not that they will just buy and buy when they see that the price goes down; every move should be analysed and thought about.

 Yes, it's good that you will open positions when the price goes down, but what if it keeps on dropping? Your liquidity might not be able to handle the down trade, and your assets will be gone, so for those who're planning on doing DCA, make sure to have the basics of bitcoin or trading so you can see what position is the best to enter and compute the possible drawbacks of the market. Invest wise!!!
736  Economy / Gambling discussion / Re: Your Roller Coaster feeling When You Gambling on: January 23, 2024, 06:08:15 AM
An hour before going to a casino?
feeling excited and at the same time relaxed because I need a calm mind and focus as I'm going to gamble, and for me aside from it is an entertainment it also should take seriously.

While playing?
Well depends on what the result of the first or few gambling results or game results, but if I'm too focused even if I'm unlucky in my few gambles I still be calm and also composed as I need to keep my mind straight in order to gamble efficiently.

After you experience successive losses?
As I said from above depending on my emotional and mind state, if I'm too focused and composed I will still be calm and able to play normal if not then expect a rage or I will not be able to play right until the end of the session.


After you won successively?
Of course, like any other gambler, I will feel happy and excited but still will gamble moderately and will secure the capital I used, so that if ever I become tilted I have my capital secured and I will still go home with complete capital.


After you log out whether you win or lose?
I will go straight from my routine, I will record all my gamble history that day or that session in my own tracker so that I could track if I'm winning or losing money from my capitals.
737  Bitcoin / Bitcoin Discussion / Re: Saudi Arabia 1M BTC BUY !! on: January 23, 2024, 05:29:00 AM
Well, it's big news if it happens, but as you said, it's only a mere humour, so we can't be sure if it will happen; we still don't have a legitimate source that it will happen. But for those who are already holding BTC, I'm sure if this news becomes reality, they will earn a lot or benefit from it. A 1M BTC buy is not a joke; it will surely have an impact on the market, and we can see a good opportunity to earn. We can have an entry into the market, but what if it never happens? Well, there's nothing for us to lose because the BTC market is still showing a great movement where we can spot good opportunities to enter and earn. To think that the Saudi government will make such a decision, it is hard to believe and imagine that a government will risk a huge amount of money to invest.
738  Bitcoin / Bitcoin Discussion / Re: Buying houses with BTC on: January 22, 2024, 11:40:51 PM
If I remember correctly, he says that it can be proven through a NFT.


Crypto bros are delusional or just grifters. There's a high chance that a court will not view NFT as a proof of rights, or proof of a Bitcoin transaction as a valid payment. So one can easily get scammed by paying with BTC and not getting any rights to the real estate that they "bought".

It's laughable to say that Bitcoin payment is safer than going through a real estate agent when nearly everyone does that and has no problems with them.
Exactly, the ones who said are too delusional. Yes,  we like crypto currency; that's why we are here, but not all will be fit for crypto currency or the usage of crypto currency. Who would want to purchase a house through NFT? There are many legal requirements before a person could bring a house. Do you think even if you are using a crypto currency channel, the government will not detect you? No, and also, who's insane person would have rights to the house with using NFT? that's right what if it is a scam? then all your hard-earned assets will be gone.

I understand how powerful and usable crypto currency is, but in these days, not all things are compatible with crypto, and not all transactions should be done in crypto. Buying a property is a serious matter, and if you don't go through legal circumstances, you might have a problem in the future.
739  Economy / Trading Discussion / Re: What is social trading in crypto? Do you EVEN use them? on: January 22, 2024, 11:12:28 PM
Although most of the users here say that social trading is good for everyone, especially beginners in trading, because they can interact with other traders, both experienced and inexperienced, and they can share their opinions and learn from each other's technical analysis. Yes,  because you can pick up a lot of tips and tricks and learn knowledge from experienced traders, but the thing is, not all of us are okay with socialising. That's why they choose to do copy trading or learn from their own, which is their choice. But really, I don't like the concept of copy trading. Maybe it is really profitable, but will you let yourself be a trader just because you are copying someone's trade without knowing it? Without analysing, why does the trader do this more or why is he in this position in the market? Yes, maybe if you analyse the trade, it's good because you still want to learn and pick up the strategies of other traders, but if you are a copy trader only, will you call yourself a trader? No offence, but it's a shame. So it's better to do social trading; just pick the right and good platform to do so.
740  Economy / Economics / Re: Passion for skills. on: January 22, 2024, 10:36:39 PM
As I see from the previous comments, I saw different skills that they are learning or trying to learn. It is just wonderful that even non-crypto related people are sharing them, which is good. Because all people have two types of skills, natural skills and honed skills, natural skills are the things that they are good at even without practicing or honing them, like being naturally good at sports or cooking, smart, good at math, etc. We people have those things and they are different for every individual. While honed skills is the skills that you want to learn and to master, either being good at sports, cooking, or in the aspect of earning money.

Currently, aside from the skills I have or have learned in the field of crypto, I want to master the skills of trading. Yes,  I have an idea about it or prior knowledge about it, but I want to refine it to the extent that I minimise my losses and be more profitable, as well as many other skills like programming. In short, a person's nature is to build and hone their desired skills as they want to do the things effectively and efficiently related to that skill. People can grow as they want.
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