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801  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: August 18, 2023, 05:16:29 PM

I don’t think it is going to matter too much that Ireland is going to play in home ground. Because India is still going to be a better team. I also know very well that India is not playing the strongest 11 in this series against Ireland. But still they are going to be good in my opinion. Is this going to be absolutely one-sided? Probably not. But I do not expect Ireland to win even a single match to be honest.

Optimistically, I do harbor a glimmer of hope that Ireland shall unveil unforeseen surprises. They need some recognition in the cricketing world right now. The problem is after a loss against West Indies, India is going to be absolutely ready to demolish the Ireland team. I absolutely have no doubt that India is going to win today’s match as well.
There is little time left then this match will start and the result will be revealed in front of everyone.If you see, everyone is expecting that India will win this series because India is a very strong team compared to Ireland and a team with a lot of experience.But I also don't agree that India will win this series because India seems to be performing very badly in previous matches.Ireland has been good enough in batting so it cannot be said that they will beat India but it can be said that this match is going to be very interesting.

Ireland has batted first and they have posted a total of 137. Ireland was able to play the whole 20 overs. They had lost seven wickets while doing so. I definitely do not think that this is going to be enough for Ireland to defend against India.

India is chasing right now. They have scored 47 runs in 6.5 overs. They have also lost two wickets already. So it is definitely not going to be as easy as we thought. Right now, the game is paused because of rain interruption. there is still a high probability that India is actually going to win if the match resumes.
802  Economy / Speculation / Re: Will BTC go above $30,000? on: August 18, 2023, 11:43:52 AM
Looking at recent market trends, $30k is far-fetched. The Bitcoin price tumbled below $26k, ETF approval is delayed till 2024, Space X sold their Bitcoin holdings, and China's Evergrande filed for Chapter 15 bankruptcy in Newyork. All these factors have contributed to this recent price dip. The chances are that the price might go further down towards $20k or below. So brace yourself as the worst is about to come.

Despite such odd news I still believe that Bitcoin has a bright next year because of halving. I just read on the forum that Space X has sold out its 363 million USD worth of bitcoin holdings and to me this is not a huge sell off. Price of Bitcoin is very difficult to predict, right now its at 26.5k and it has the tendency to go in both directions from here. Just don't panic and don't sell your Bitcoins on discount to whales at this point.   

That number is insignificant compared to the market capitalization and it is certainly not the cause of bitcoin's plunge as many people think. I agree with you, although I am also quite surprised how bitcoin moves, but I believe it will not be able to fall any further, and we will recover soon.

Not only should we not panic, but we should also consider this a better time to accumulate bitcoins. We want to get the most profit, we need to buy low and sell high and this is the time for us to buy.
803  Economy / Speculation / Re: If bitcoin will accepted worldwide for legal then price rising $100k?? on: August 18, 2023, 10:52:14 AM
If bitcoin will get accepted worldwide then we'll see a blast in crypto industry! Cause then crypto industry will bring revolution with bitcoin.  $100k is Very small amount for that situation cause we are expecting bitcoin to cross $100k restriction in next bull run and set another milestone without help of worldwide acceptance, so we cant imagine how incredibly bitcoin price will increase if it get invested by billions of investors. But due to controlling issue, banking policies, economical race,, it will need a long time period for governments to agree legalize bitcoin in whole world
More precisely, if it is accepted throughout the world and legalized, of course the price of $ 1 million is not impossible for bitcoin, or at least becoming a commodity trading asset that is legal throughout the world will definitely provide a very significant price boost for the crypto industry, especially for bitcoin, but indeed it takes quite a long time, many stages must be passed to get to that peak, various circumstances will definitely occur in the economic world, and maybe we still need several new generations as bitcoin beneficiaries to be adopted, it's still a long journey very long, I think my age is not certain to arrive at bitcoin at that peak.

I think the opposite, I don't think bitcoin took too long to be legally accepted globally. But what I'm saying is that the government will soon accept it as an asset, a commodity, we can't expect them to accept bitcoin as a global legal currency because many governments won't accept it.

Try to look back, 10 years ago most of them banned bitcoin, but in recent years, many countries have gradually accepted it with accompanying regulations. So I am very optimistic that in the next 5 years or 10 years, the legalization of bitcoin globally is inevitable. Of course, this will trigger a crazy bull run and a million dollars could actually happen in the next 10 years.
804  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: August 18, 2023, 10:11:56 AM
Mallorca vs Villarreal

Based on the recent performance of these teams i can see Mallorca is slightly better than Villarreal and on week 1 too Villarreal has been lose from Betis but Mallorca also still haven't showing their best performance because they only can able to playing draw against promotion team Las Palmas but there is interesting thing from both teams that in the last 2 meetings Mallorca can able to beat Villarreal even the latest is they can able to win with big scores 4-2

The odds between them is not so different Mallorca @2.90 and Villarreal @2.55 but i don't think Villarreal can able to overcomes Mallorca because just like i said before Villarreal performance is still unstable even i was thinking perhaps Mallorca can able to continue their positive records and beat Villarreal again

Mallorca will play at home, it will be a plus for them to beat Villarreal. power-wise, I don't think the two of them will be much different. we can only analyze from their readiness in the first match yesterday. and for the second week, the meeting between the two will still be difficult to predict, but the Odds offer is good enough to bet on.
I haven't made a bet yet, but maybe Mallorca has a chance to win.

I think this match is going to be equal fight for both of them. I don’t think any team is going to have a big advantage to talk about over the other. The whole team is definitely going to have a slight edge. But that is not going to be a big one for sure. Hence, the most possible prediction, in my view, would indubitably be a draw. We all know that it is really hard to predict anything at the start of the season. So I think the best prediction is obviously going to be a draw. And I think it might be a goalless draw. Because I am expecting both teams to play a little defensively.
805  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: August 18, 2023, 06:04:09 AM
India VS Ireland
India is looking better than Ireland. India lost the series recently from West Indies but here is Ireland team and I think India is looking more strong and I also think that India can win this match easily. But if Ireland prepared well so it can't be good for India. But today is my vote for India and India will win todays match. Let's see what will happen? Today?

I don’t think it is going to matter too much that Ireland is going to play in home ground. Because India is still going to be a better team. I also know very well that India is not playing the strongest 11 in this series against Ireland. But still they are going to be good in my opinion. Is this going to be absolutely one-sided? Probably not. But I do not expect Ireland to win even a single match to be honest.

Optimistically, I do harbor a glimmer of hope that Ireland shall unveil unforeseen surprises. They need some recognition in the cricketing world right now. The problem is after a loss against West Indies, India is going to be absolutely ready to demolish the Ireland team. I absolutely have no doubt that India is going to win today’s match as well.
806  Economy / Gambling discussion / Re: Germany League - 2nd Bundesliga Prediction Thread on: August 17, 2023, 01:16:28 PM
Hertha BSC is off to a very bad early phase of the 2. Bundesliga. It is hard to imagine that not too long ago hundreds and hundreds of millions have been raised from an investor to get the team to a new level and achieve new heights, and now they are facing Hamburg in a game away on match day 3 with 0 points from the first two games so far. I can smell that this will not be a very funny season for them. I haven't looked further into what is going on there, but if they got all this money and signed players with high salaries, I think the whole club could implode if they don't become successfully and financially sustainable. I think they are the most interesting club to watch in the 2. Bundesliga this season.

@mv1986 since it’s just the start of the season they can yet recover and I won’t rule them out unless they lose few more back to back matches and if that happens then their head coach could come under severe pressure as questions will be raised about his ability to guide them. Also let’s hope that they don’t mess their finances because when a club messes their finances their survival becomes really difficult hence I hope that they’ll find a way to recover from this mess quickly.

Hertha BSC has started really badly. They have lost both of the opening matches of this season. And this puts them at the absolute bottom of the table. This is certainly not good for them. But I also understand that it is the start of the season and probably they will be able to improve. But they better start improving quickly because otherwise it will be too late for them to actually do anything. They better start winning from the next match, because if they continue losing, the climb up through the rankings is going to be a lot more difficult for them. But it is still certainly very much recoverable. Still not too late at all, to be honest.
807  Economy / Speculation / Re: Could Bitcoin potentially serve as a safe haven in the upcoming economic crisis on: August 17, 2023, 09:36:59 AM
Hello everyone,

there's a lot of discussion about an impending economic crisis. I'm curious about how Bitcoin will perform during this crisis. Will it function as a safe haven similar to gold? Or will its value decline significantly?

what do you think ?

Although inflation remains high and many uncertainties in the economy remain unresolved, I do not think another wave of severe economic crisis to occur. All the bad things happened in 2022, and we are getting through it step by step, things are still bad but in my opinion, it is getting a lot better than 2022.

Almost during the economic crisis of 2022, all assets are severely affected and bitcoin is no exception. But this year, bitcoin has had strong rallies while other assets remain in the doldrums, not much better.

Bitcoin is a store of value or a safe haven depending on how trustful you are with it. Because its volatility is too great and many consider it unsuitable as a safe haven.
808  Economy / Speculation / Re: Bitcoin Market Price in Respect of News on: August 17, 2023, 09:28:21 AM
We've got nothing but Halving. I know prices will go up, but I think it's too early yet. Bitcoin price is no longer affected by negative news as much as before. We have seen this in many news. So the market may be sensitive to negative news, but Bitcoin is not as affected as other coins.

There is an expectation in the market that the price of Bitcoin will decrease. Bitcon has been stuck at 29k 30k prices for a long time. The expectation of decline must be met before the price begins to rise. Of course, I think this way, maybe the price will go up without ever falling.

We have ETF pending approval that submitted by Blackrock which starts the current hype for ETF once again on crypto market. Halving is too far to be considered as relative to the current price pump since the price reacts on current news being headline on news channel.

Many EFTs have been rejected and I think you shouldn't expect too much news about Blackrock's EFT, which is not what we should expect as the SEC keeps rejecting EFTs. I don't remember where I read it but there is news that the SEC will delay all EFTs until early 2024 and that's also when the halving will take place.

I believe the inflation gives a price boost too since some of the fiat holders is using Bitcoin to escape from inflation that hitting hard the fiat especially the USD.
This is theoretically true but with what is happening, it is not because bitcoin is still not known and accepted by many people. If people really considered bitcoin as an inflation hedge, it wouldn't have been severely dumped in 2022 when inflation peaked. Bitcoin is a better hedge against inflation than gold, but a lack of understanding about bitcoin has led people to ignore it.
809  Bitcoin / Bitcoin Discussion / Re: If Bitcoin is centralized, will it still have value ? on: August 17, 2023, 08:57:28 AM
~snip~
You don't know about Libra which is now Diem? The project was introduced by Facebook in 2019, supported by Coinbase, Mastercard, PayPal, crypto and blockchain firms Bison Trails, and venture capital firm Andreessen Horowitz, etc.
The reason why Ethereum and BNB are not shut down is because they are not seen as threats by the government.
Honestly, I don't have a single memory of the Libra you mentioned Grin Grin. But if bitcoin becomes centralized, it will be like ETH and BNB, so it won't be as much of a threat to the government as it is now. That's why I believe the government won't shut down if bitcoin is centralized.
If Bitcoin is centralized it will never be like ETH and BNB.
1. Ethereum was designed as a platform for developing decentralized apps and hosting smart contracts, with its native currency, ETH, acting as a system lubricant.
2. BNB was created to fuel the Binance exchange trading free and it also serves as the utility token used to receive lowered trading commissions before crypto investors see it as a good investment.
But Bitcoin was created as an alternative to fiat payment method and the government sees it as a threat to their native currency. Besides, they also believe taking it down will influence all the altcoins in the market, and it's true which is why we can't judge ETH and BNB centralized coin not taken down by the government with what will happen to Bitcoin if it is centralized.

It is true that bitcoin or ETH or BNB were created with their own purpose and mission. But if bitcoin becomes centralized, meaning the government can control it, how can it threaten their fiat currency? They are seeing it as a threat because they cannot control it, but once it becomes concentrated, it is no longer a threat to them. So that's why I think the government wouldn't even care about bitcoin if it were centralized, let alone shut it down.

~snip~
You have a point but it's hard to tell what will happen in the future since tomorrow is not promised.
The future is unpredictable, but with something getting bigger and bigger and as it spirals out of control, it's clear that manipulation will become more difficult now.
How can we be sure that manipulation will be more difficult judging by the number of Bitcoin collected by the US government, grayscale holding, humpback whale holding, and more?

If bitcoin becomes more valuable and recognized worldwide, do you think other governments will let the US take over all of bitcoin? Just like gold, why can't the US buy all the gold in the world?
810  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: August 17, 2023, 04:59:57 AM
We can't expect this to be one-sided series. If it is an ODI series, then the matches could've been won by India, but with T20 matches played anything could happen. Even the Ireland players are good in chasing targets, against a team like India they'll give the best. T20 match results can change in no time and I believe Ireland will win atleast one match. This isn't going to be one-sided series.

Well.. I am skeptical about Ireland's chances. They have the home advantage for sure, as the matches are taking place at the Malahide ground in Dublin. But Ireland's recent form has been disappointing. In fact, they have performed below par ever since they were awarded the test status in 2019. One player who can make a difference is Josh Little. He has been a regular feature in T20 leagues around the world and he can trouble Indian batsmen at home. And the Irish batsmen need to think about how to handle Jasprit Bumrah, who is making a comeback in this series. 

I am definitely going to say that India will be able to win the match against Ireland. I think the best that Ireland might be able to do is give a good fight to win the match. But I don’t see any chance for Ireland to actually be able to win the match against India. Reflecting back on the recent one-day series, it is true that Ireland displayed moments of commendable performance against India. But in the T-20 format I don’t have much hope from them. Even though India somehow managed to lose against West Indies in the last T-20 series, I don’t think they will make the same mistake with Ireland.
811  Bitcoin / Bitcoin Discussion / Re: If Bitcoin is centralized, will it still have value ? on: August 14, 2023, 02:30:42 AM
~snip~
You don't know about Libra which is now Diem? The project was introduced by Facebook in 2019, supported by Coinbase, Mastercard, PayPal, crypto and blockchain firms Bison Trails, and venture capital firm Andreessen Horowitz, etc.
The reason why Ethereum and BNB are not shut down is because they are not seen as threats by the government.
Honestly, I don't have a single memory of the Libra you mentioned Grin Grin. But if bitcoin becomes centralized, it will be like ETH and BNB, so it won't be as much of a threat to the government as it is now. That's why I believe the government won't shut down if bitcoin is centralized.

~snip~
You have a point but it's hard to tell what will happen in the future since tomorrow is not promised.
The future is unpredictable, but with something getting bigger and bigger and as it spirals out of control, it's clear that manipulation will become more difficult now.


I mean, in the future, when bitcoin matures and becomes bigger like gold or the stock market, nobody can manipulate it anymore. For what's going on, with a market cap of just $1 trillion, manipulation is inevitable and easily manipulated. I'm not denying what's going on.
Are you sure that bitcoin is manipulated? After people can hold and make profit. In long term bitcoin has been a store of value. No manipulation like you think. As of today, the marketcap for bitcoin is $572 billion.

The bitcoin network cannot be manipulated but when it comes to the movement and price of bitcoin, manipulation is pretty easy. With a market capitalization of just over 500 billion USD, which is only equal to the assets of the top 3, or 4 billionaires in the world combined, even smaller than the capitalization of a technology company. So how can it be called mature enough to not be manipulated?

The value of bitcoin depends on supply and demand just like other assets, but when it is too small, manipulation is inevitable. There will still be self-interest groups that seek to manipulate the market for their own profit.
812  Economy / Speculation / Re: Buy the DIP, and HODL! on: August 14, 2023, 02:13:48 AM

~snip~
Investing in two closely related assets is actually not "diversification".
Do you mean bitcoin and real estate are closely related? I don't think so and can you point out their relevance? As I said in my previous comment, once we have invested in bitcoin and want to diversify, we should choose assets unrelated to bitcoin and crypto, such as real estate, stock, etc. Honestly, I don't see any connection between them. The only connection I see is that they are all part of the world economy, other than that, there is no close relationship between them like bitcoin and altcoins.

It seems to me that Wind_FURY's comment had to do with the close relationship between bitcoin and shitcoins, and not bitcoin and real estate.. even though he put that comment right in the context of your talking about real estate as possible way of diversifying or lessening bitcoin exposure or getting another possible cashflow source... but yeah, when I looked at Wind_FURY's comment again it does seem ambiguous regarding what he is referring to, and maybe he should explain himself a wee bit more better.


He also confused me because I was talking about non-bitcoin related assets, and I also emphasized that investing in shitcoins does not diversify in the previous comment Grin Grin. That's not even called investing, it's gambling when we talk about shitcoins.

But I really like his point about diversification. If someone doesn't have a lot of money and diversification really only dilutes their investment. Instead, they should research carefully and focus on only one asset. From there can bring the maximum profit if they choose the right assets to invest.
813  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: August 13, 2023, 06:57:32 PM
I heard about Victor Osimhen's injury too. But from what I gathered, he's already back in training? That has to be positive news. Personally, I believe Napoli might not even require him to start the first game. They are competing with Frosinone, after all. Sorry, but Napoli has dominated them for a very long time. Osimhen may not be fully recovered, but Napoli still has things under control. The boy is a legend, without a doubt, but perhaps he needs to take a break
Frosinone just got promoted in Serie A. However they were the best team from Serie B last season. so Napoli also cannot underestimate them even though on paper Napoli is certain to win. Osimhen may not play because of his injury, but many football observers will not worry about Napoli's first match even without Osimhen.
just hope that Osimhen's injury is not serious and that it will make him return to strengthening Napoli's front line soon.

I personally believe that Napoli are going to give Victor Osimhen rest in this match. I also think that he does need the rest. But of course they cannot underestimate their opponent. They have to be ready even from the start of the season. They are the defending champion of this league and they will have to play like that. They will have to play well consistently throughout the whole season if they actually want to defend their title successfully. There will be a lot of competition for the title in this season. So they cannot make any mistakes, especially in these easy matches. Ensuring a triumphant acquisition of three points against this comparatively less formidable competitor is of utmost importance.
814  Economy / Speculation / Re: Buy the DIP, and HODL! on: August 13, 2023, 08:52:43 AM

~snip~


Investing in two closely related assets is actually not "diversification".

Do you mean bitcoin and real estate are closely related? I don't think so and can you point out their relevance? As I said in my previous comment, once we have invested in bitcoin and want to diversify, we should choose assets unrelated to bitcoin and crypto, such as real estate, stock, etc. Honestly, I don't see any connection between them. The only connection I see is that they are all part of the world economy, other than that, there is no close relationship between them like bitcoin and altcoins.
815  Bitcoin / Bitcoin Discussion / Re: If Bitcoin is centralized, will it still have value ? on: August 13, 2023, 08:38:32 AM
Besides,  there's huge chance of BTC being close down if it was centralized coin when some government see it's high potential as threat to their national currency.
If bitcoin becomes centralized, I don't think the government will shut it down but instead they will take control and use it for their own purposes. I believe the government as well as we all see the potential of bitcoin, but since they cannot control it, they see it as a threat to fiat. And if they can control bitcoin, they will acknowledge its potential, but on the contrary, bitcoin will become a threat to us like fiat. But anyway, this hypothesis will never happen because bitcoin is already decentralized and no one can control it.
I believe you should know by now that the government never cares about what you do and I think the situation will give them the needed benefit.
If Bitcoin is centralized, I believe it will be shut down/totally banned in some countries that are currently using it now due to political interest, and the reason why some governments somehow support Bitcoin is because of its decentralized mechanism. An example is what happened to Libra which said will be global cryptocurrency, the governments of different countries were against it until the team and investors involve quit the project.
I don't know about the coin you're talking about, but if you assume that when bitcoin is centralized, the government will shut it down, then why don't they shut down other centralized altcoins in the market? ETH or BNB and all the rest of the altcoins are also centralized, but why do they just close Libra coin and ignore all other altcoins? Once bitcoin becomes centralized, it is no different from altcoins.

The value of bitcoin will be completely dependent on supply and demand, not manipulated by the government or anyone.
Let's not lie to ourselves, there will always be market manipulation in the Bitcoin market despite its decentralization in nature and being dependent on the level of demand and supply.

I mean, in the future, when bitcoin matures and becomes bigger like gold or the stock market, nobody can manipulate it anymore. For what's going on, with a market cap of just $1 trillion, manipulation is inevitable and easily manipulated. I'm not denying what's going on.
816  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: August 12, 2023, 08:25:36 PM
Real Madrid goalkeeper Courtois suffered an unfortunate injury in training. It is said that he will be out of football for 1 year. Therefore, there is a possibility that Real Madrid could sign Bono or Degea. Bono had a very good performance at the World Cup. Degea spent some great years at Manchester United. Both goalkeepers are great options for Real Madrid but I think Degea has more experience than Bono. Degea played top-level games and won many titles at Manchester United. His adaptation to Real Madrid would be faster than Bono's. However, I want to reiterate that Bono is definitely a good goalkeeper and I am sure that he can also succeed at Real Madrid.
Such a big injury to Courtois is undoubtedly a big blow for Real Madrid. No matter how many goalkeepers Real Madrid look for at the moment, it is certain that they will not find a goalkeeper like Courtois. Degea or Yassine Bounou could be good replacements for Courtois but neither of them is a goalkeeper of Courtois's caliber. With the main goalkeeper injured, they must look for a substitute and Real Madrid have no choice. Yassine Bounou seems to me to be the best choice for Real Madrid goalkeeper at the moment. In the last World Cup Yassine Bounou had a great performance, on the basis of his great performance Morocco reached the semi-finals of the World Cup. Real Madrid could get good service from Yassine Bounou in Courtois' absence.

There are a lot of goalkeepers in the market right now. De gea is honestly, a great option. But of course, I absolutely agree that even he is not going to be as good as Thibaut Courtois. This is going to be a big blow for Real Madrid. Yassine Bounou can be a good option. But there will be a huge difference in levels between him and Courtois.

But Real Madrid can’t do anything right now about this. They will have to accept the fact that the main goalkeeper is injured and they will have to work with what they can get. Real Madrid is already having a problem trying to get a striker in the team. And now they will also have to think about goalkeeper. Evidently, the importance of securing a goalkeeper has swiftly risen to the top of their agenda.
817  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: August 12, 2023, 06:45:34 PM
So far it turned out to be a cakewalk, which was unexpected after the first 2 close matches of the series. I was expecting a kinda tight contest but that's how things go sometimes.

Sensing a bit of healthy competition between both the openers. They are going neck and neck with each other as far as the scoring rate is concerned and more importantly complimenting each other nicely.

Fair to say it's 2-2 and we will have a final tomorrow.

This was an absolutely easy win for India. I even thought that probably India is going to lose this series. After all India was two down in the first two matches. Luckily India was able to come back and perform better in the next two matches. The comeback has been great from India. Now they have the momentum and they would certainly want to win this series and seal the lips of all the heaters.

But the decider can go either way in my opinion. This was a great chance for West Indies to win a series against a big team like India. They should certainly try to capitalize on this situation. A good series so far. I just hope that the final match does not become one-sided.
818  Bitcoin / Bitcoin Discussion / Re: If Bitcoin is centralized, will it still have value ? on: August 12, 2023, 05:48:41 AM
Besides,  there's huge chance of BTC being close down if it was centralized coin when some government see it's high potential as threat to their national currency.

 

If bitcoin becomes centralized, I don't think the government will shut it down but instead they will take control and use it for their own purposes. I believe the government as well as we all see the potential of bitcoin, but since they cannot control it, they see it as a threat to fiat. And if they can control bitcoin, they will acknowledge its potential, but on the contrary, bitcoin will become a threat to us like fiat. But anyway, this hypothesis will never happen because bitcoin is already decentralized and no one can control it. The value of bitcoin will be completely dependent on supply and demand, not manipulated by the government or anyone.
819  Economy / Speculation / Re: Buy the DIP, and HODL! on: August 12, 2023, 05:28:36 AM
-snip-

You are right; that's the reason why some people cease to invest in Bitcoin and land themselves in a hot soup of shitcoins, but still end up regretting their decision when they can't get any profit. Some people usually have the mindset that Bitcoin is too expensive to buy a whole, but I still try to convince anyone I come across with such a mindset, telling them that they don't need to buy a whole of Bitcoin at once, nor do they need to save for many years before they can buy one Bitcoin at once. If one is still consistent in their accumulation, either weekly or even monthly, depending on how often they are getting the cash inflow, then they might still be able to accumulate a huge fraction of Bitcoin before they realise it.
Basically I don't mind someone's decision to diversify their assets instead of just bitcoin. Of course I don't want to elaborate on the potential benefits of diversifying them, but let's be honest that such an approach can never go completely wrong in your investment plan.


Diversification is always encouraged in investing, but don't make the mistake of thinking that investing in shitcoins is considered diversification. Don't forget, the entire crypto industry is largely dependent on bitcoin, every market move follows bitcoin, so it's naive to invest in shitcoins and think it can save you risk.  

You can see, during last year's extreme bear season, bitcoin fell from $69k to $15k but only in the first few months of this year. Bitcoin has recovered and is at $30k, while thousands of shitcoins are still dropping hundreds of times and haven't had any significant recovery yet. So investing in shitcoins is not called diversification, diversification is when you invest in non-crypto assets.

In the crypto market, bitcoin is the only investment we have, the rest should only be considered gambling and not investment.


To the readers of the topic. In my humble opinion, diversification for plebs like us is a bad investment strategy. VERY bad in fact. Why? Because we don't have the same amount of capital as Warren Buffett to make it effective. If their $1 billion invested makes 20% in one year, that's $200,000,000. I believe that's more than enough especially if they outperformed the S&P 500 index.

Plus we don't need the hedge to reduce volatility because we are not asset managers who manage OTHER people's money. For us, we concentrate to one or two investments, if we want to truly make an amount of money that matters.
I see what you mean, we need to take risks, and trade-offs if we want to be successful, over-allocation of capital only dilutes assets and slows asset growth. This can also be considered if we do not have too much capital and are willing to accept losing everything. But it's not too bad if we diversify with 2 different assets if we have a significant amount of capital. I mean with that capital, you can both invest in bitcoin and buy real estate or open a small business for an extra source of income. In my opinion, having 2 sources of income is still better than relying on only 1. But as you said, it depends on your initial capital and should only add 1 asset other than bitcoin to avoid dilution.
820  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: August 11, 2023, 05:19:38 PM
With the help of Thomas Tuchel, Munich is trying to build a stronger team. Their main target will be the Champions League. And it is for this purpose that the Munich management is building their team. I heard rumors today that Kane's signing with Munich is going to be final. The Munich team will be able to perform better in the Champions League if Harry Kane is in the squad.
Tuchel failed at Chelsea, but he managed to win the Bundesliga title with Bayern Munich last season.
I'm not sure about his ability in the Champions League next season even though Tuchel won that title with Chelsea a few seasons ago. Manchester City, Real Madrid, Arsenal, Inter, Napoli and several other teams are the superior teams, so it is difficult to expect Bayern Munich to win the title even if in the end Kane plays for them next season.
Tuchel could not stabilize the Bayern Munich team last season. Bayern Munich were very lucky so they were able to secure the title. But I won't give this credit to Tuchel.
However, the Munich team managed to bring Harry Kane to the team in the end. And now I think they are a perfect team. I don't see any weakness in this team yet. Next season's Champions League is expected to be more crowded.
He had a fundamental reason when last season he failed to stabilize Bayern Munich, it was because of the short time he got. Who would have thought that Bayern Munich would sack Nagelsmann at that point? Da. Most of us were shocked when we heard that Bayern Munich had terminated their partnership with Nagelsmann, whereas at that time they had a big Champions League match coming up and it was going to determine whether they could go all the way or not. And they ended up having to stop.
Now the situation is much different because he's had plenty of time to adapt, and some of the players did recommend him.

I don't blame Tuchel for not stabilizing Bayern Munich last season. Because there were problems within the Munich management. The Munich management changed their coach before several important matches. Its ill effects were seen in Munich's performance. It cannot be blamed on Thomas Tuchel. Nagelsmann was doing very well with Munich. Nagelsmann was then abruptly fired. I would say this was a stupid decision by the Munich management.

you are right Now the situation is different. Tuchel has had enough time to work with the team. And Munich's performance has been steady. We have seen better performances from Munich in friendly matches. If they can continue this performance, they can easily secure the Bundesliga title.
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