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841  Economy / Economics / Re: Imaginary Future on: November 18, 2023, 06:37:13 AM
Honestly, I've felt it. I want to save or invest without thinking about what I have to prepare for my daily life. And it still happens to me now because I don't buy the things I want. I left it on my purchase order list without knowing when I wanted to buy it.

I am still busy preparing for the future by saving and investing. But I still try to meet my daily needs because I have to survive. I'm trying to make money, dividing it between saving and investing and expenses. I didn't even look at the list of things people were looking for. It's not a very important item for me because I still have other replacement items that can help me.

But if I want to buy the goods, I can go directly to the shop, choose the goods I want and pay for them. I didn't feel it was necessary so I just left it on the purchase order list. What I have to think about is how I can survive in difficult times.
842  Bitcoin / Bitcoin Discussion / Re: An easy approach to Bitcoin on: November 18, 2023, 05:09:38 AM
With so many animated videos like that, young people can be attracted to learn more about Bitcoin. If it interests them, they will definitely look for more information. They are young people with a high curiosity about something and will try to find out more about Bitcoin.

Of course, they still need to be accompanied by an adult so they can explain what they don't understand. And I saw that on YouTube, there are many basic video tutorials about Bitcoin. It is a great step to spread knowledge about Bitcoin to young people.

But we should not force them to watch the video if they are not interested. Let them search first while we accompany them. Maybe we can set the video so that there is curiosity about the video.
843  Other / Beginners & Help / Re: Huge Amount of BTC on: November 18, 2023, 03:33:50 AM
If you sold 200 BTC a few years ago, that could be normal. But we are now in a different situation where 200 BTC means a huge amount of money. It will clearly attract the attention of many people. Maybe they will find out who has made such large Bitcoin transactions.

Selling 10 BTC secretly is enough to pique the public's curiosity, let alone 200 BTC. If I had that 200 BTC, I would sell starting from small fractions. It's okay if I have to repeat the process many times. I don't mind the cost. The important thing is that I don't attract public attention.

It would be even riskier if he looked for a private buyer because it could end up being a fraud. I often wonder why anyone would want to cash out a lot of Bitcoins at once immediately. Do they need a lot of money just for one time? In fact, by having a lot of Bitcoin, we are obliged to be careful and not sell it in large amounts at once. That will attract a lot of bad guys who want to take control of all his Bitcoins. Good luck @OP.
844  Bitcoin / Bitcoin Discussion / Re: What is the minimum amount of bitcoin or satoshi should hold for poor? on: November 17, 2023, 05:27:18 PM
Actually, it's difficult to answer because it depends on a person's condition. Maybe holding 1 Bitcoin is more than enough for someone to change their life for the better. But it depends on where he lives. Someone has to have more than 5 Bitcoins to be able to change their life.

There is no definite number of Bitcoins that a person or a poor person can hold. It all depends on how often they want to buy Bitcoin regularly and store it. What's important is that they know that investing in Bitcoin only uses money they can afford. Moreover, they definitely have daily needs that must be met. So there is no way they will use the money they get to invest in Bitcoin.

Try asking each of us. How much money do we need so that we can feel richer than other people? If someone is satisfied if they have $100k, that means they should be able to collect as much as $100k.
845  Bitcoin / Bitcoin Discussion / Re: Bitcoin is not a get rich quick scheme. on: November 17, 2023, 04:26:18 PM
If people still think that Bitcoin is a get rich quick scheme, they won't be able to get it. They will only panic more often when they see the price fluctuating and cannot stop themselves from holding Bitcoin. They don't want to learn how to become good Bitcoin investors. And that is also what causes them to fail to get big profits from Bitcoin.

If they are willing to learn how to use Bitcoin well, especially learn to become a Bitcoin investor, they will find that holding Bitcoin requires patience and persistence. They should try to buy Bitcoin regularly and hold it until the price reaches its ATH. Most people cannot be patient in waiting for the next ATH and fail by selling Bitcoin out of desperation.

That's why they need to learn about using the DCA method. This method teaches them to buy Bitcoin regularly for a certain period. After the Bitcoin price reaches its new ATH price, they can sell it at that ATH price to take the biggest profit. They can also still hold Bitcoin for the next few years because their price target has not been reached.
846  Economy / Gambling discussion / Re: What I've learned so far as a gambler on: November 17, 2023, 03:12:29 PM
It depends on each person because I only use casinos to have fun with some money. I don't chase wins because it's very difficult for me. If I lose, I will just walk out of the casino and maybe I will return to gambling a few days later.

I didn't think about recovering my losses from the previous day. I even forgot how much money I deposited the previous day. I always make sure to deposit an amount of money that I can afford to gamble with. So far, I am still fine, even though I still often gamble and experience defeat.

Don't ever think about chasing victory or recovering from defeat because it is difficult. Many gamblers have tried it but only a few of them have succeeded in doing it.
847  Economy / Speculation / Re: September didn't follow its bear cycle on: November 17, 2023, 02:06:33 PM
Bitcoin's journey is indeed very interesting to follow because many people are still analyzing it based on what has happened before. They make predictions about what might happen. Many of these make two possibilities that could happen. One time, the price direction increases. And secondly, when the price direction decreases.

From the predictions they make, they will determine what they should do. If they are in doubt, they will do nothing and watch the market move. If they see any signs of increasing or decreasing, then they will start placing buy or sell orders. It will depend on where the market is moving.

We cannot rely on history because everything has changed now. More people are using Bitcoin as an investment, making many people join the crypto market. That means anything can happen and we have to be able to analyze it to find something useful for us. And now, we are seeing the price get another correction because this may be the weekend. Usually, corrections come at weekends like now.
848  Economy / Gambling discussion / Re: what is the largest sports bet you have ever placed, and what was the result on: November 17, 2023, 01:02:40 PM
Football. But I don't bet too much money like those who bet more than $10 or more. That's too much for me. I usually place bets around under $5. That alone was too big for me but it was a lot of fun.

I don't gamble or bet on sports betting very often. Until now, I still bet on sports betting but not too often. Only if there is a certain event and I know about the event, then I place a bet. Of course, after I find out who will compete.

But if I bet $5 on a game and lose, that makes me stop betting. Otherwise, I will spend even more money even though I want to limit my gambling activities.
849  Economy / Trading Discussion / Re: How did you overcome the hurdles and gain confidence to trade as a Newbie? on: November 17, 2023, 04:55:15 AM
It's scary that people don't want to learn about Bitcoin. But if they are willing to learn about Bitcoin and how they can use Bitcoin properly and correctly, they will discover the benefits of Bitcoin for them. Indeed, the nature of the crypto market is always volatile. Prices rise and fall always occur every day. If they can learn it, they won't panic even if they want to trade.

It's all about gaining knowledge about Bitcoin so they can use Bitcoin well. Only learning more about Bitcoin can calm them down. Don't immediately believe the news they read and are always looking for more information that can support their research.

If you want to trade, you have to study the analysis so you can know when to enter and exit the market. If you want to invest in Bitcoin, you must also learn the method that suits you. And remember to practice what you have learned so you know what you still need to learn.
850  Bitcoin / Bitcoin Discussion / Re: Start with the little you have, you don't need millions of dollars to own BTC. on: November 17, 2023, 03:17:41 AM
The method provided can be tried by people who want to start investing in Bitcoin. They don't need to buy Bitcoin in full but can buy it little by little. The important thing is that they can regularly invest in Bitcoin for a certain period, for example, 1 or 2 years or even for the long term.

Setting aside money like @OP could give them the opportunity to invest in Bitcoin. This investing routine is like saving in a bank account. But the difference is that we save in Bitcoin and we are the bank. The current price of Bitcoin is still low compared to the possibility of Bitcoin price increases in the future.

So don't waste time now to start investing in Bitcoin regularly. The method used by @OP is called the DCA method, which many people have used. The important thing is that before starting to invest in Bitcoin, they can learn about it first so they don't panic.
851  Economy / Trading Discussion / Re: Bitcoin and War Crimes? on: November 16, 2023, 03:03:14 PM
Crypto is not a stock market. Indeed, crypto is currently influenced by various kinds of news circulating. However, it will not cause the crypto market to crash because there are still many exchanges operating, and there are still many people who want to invest in crypto, especially Bitcoin.

War crimes have nothing to do with Bitcoin unless they use Bitcoin to buy tools of war. But no one knows if they did. Bitcoin stands alone and is not controlled by anyone. At a time when the corona virus is still attacking many countries, Bitcoin gives hope to those who save Bitcoin so that they can still get profits in the form of fiat. They can use this fiat to survive until now.

The war in Palestine could spread to other countries. But if Bitcoin can still survive because of the internet, we can still use it to gain profits in the form of fiat. We can also use this fiat, just like when we were in a pandemic.
852  Bitcoin / Bitcoin Discussion / Re: Every man you failed to lecture about Bitcoin can be a victim to scam on: November 16, 2023, 12:27:09 PM
If we can help him find the right answers to the questions he asks us about Bitcoin, we need to help him so he doesn't get the wrong answers. We also help him avoid investment programs that could cause him to be deceived and lose a lot of money.

That's why everyone who wants to invest in Bitcoin should be able to find answers to their questions. They should have friends who can give the correct answers so they can avoid this fraud.


Unfortunately, many beginners are fooled by these investment programs just because they want to get big profits in a short time. They don't want to take the time to look for valid information. Instead, they join WhatsApp or even Telegram groups that they find on social media. That was the beginning of their experience with scams, and they only realized it after the money was gone.

If we have the opportunity to help someone, we should not refuse if they are really serious about learning to invest in bitcoin. But in OP's case, we shouldn't blame him for not being able to teach his friend about bitcoin. Sometimes we are busy or don't have enough time to teach someone in time when they ask us about bitcoin. Furthermore, the fault here mostly belongs to OP's friend because he could have learned everything himself if OP refused, but I guess he was too hasty and invested with a get-rich-quick mindset.

Having a trustworthy friend accompany you on your investment journey is a good thing, but if you have to go alone it is not impossible, it all depends on us, don't rely too much on anyone.
Yes, you are right. It also often happens to us when there are people who come to us wanting to learn from us. But we can't afford to help him. But we can show him how to learn on his own and he can discuss it with us again when we have free time.

His friend should be able to learn about Bitcoin himself so he doesn't depend on @OP. This would be better for him because he wouldn't have to wait for when @OP could have some free time. Plus, he can get more information about Bitcoin and later, he can ask @OP about it.

In learning everything, we cannot depend on other people. We should be active in looking for the information we want because other people may not have the information we are looking for.
853  Bitcoin / Bitcoin Discussion / Re: Some rich person not interest about bitcoin for following reason on: November 16, 2023, 10:10:04 AM
It's okay if your friends are not interested in buying Bitcoin. Precisely because they are not interested, you have to buy Bitcoin so that when you can make a profit from Bitcoin, you can show it to them. They do have more reasons not to buy Bitcoin. We also don't need to be curious about the reasons.

Just leave those who are still not interested in buying Bitcoin even though they have studied Bitcoin. They will only remain spectators while you can definitely change your life for the better. They will come to you to ask to be taught how to buy Bitcoin.

We have all probably experienced things like that where people around us are still not interested in Bitcoin. That's okay. They don't need to buy Bitcoin because whether they own Bitcoin or not is a choice. And they have shown their choice.
854  Bitcoin / Bitcoin Discussion / Re: Disadvantage of bitcoin on: November 16, 2023, 08:02:41 AM
Actually, it is those who lose access to their wallets who will lose out because they cannot take care of their wallets. They will lose their Bitcoins, but if they still keep a record of their private keys or something related to them, they can still access the wallet.

If people still stick to traditional systems, it is because they want to avoid the hassle of losing their money. Their money will remain safe in banks, even government banks. They can ask for their money back if something bad happens because the government provides support to their bank.

Meanwhile, if they keep their Bitcoins in a wallet, they have to look after them themselves. They will be their own bank for the Bitcoin they own. Owning Bitcoin is actually learning to be responsible for our assets. Satoshi Nakamoto taught us to be independent in taking care of our Bitcoins. No one knows how many Bitcoins we have in our cold wallet.
855  Economy / Gambling discussion / Re: How discipline are you in managing your bankroll? on: November 16, 2023, 05:37:46 AM
It takes work to be a disciplined gambler. But we can learn it over time. In the past, when I started learning discipline, I felt it was not easy because I had always to resist the urge to continue gambling. But I realized if I couldn't have discipline, I would end up spending more money.

And that's what keeps me learning, especially to stay within limits when I gamble. If today I gamble, I have already determined how much money I have to deposit. Let's say I deposit $15. I'll probably use half of it for gambling and when it's almost half, I'll be ready to stop. And when I stop, I will immediately close the tab in the browser so that I can stop the desire to continue gambling.

Discipline must be trained from time to time. We can be disciplined today, but that doesn't guarantee we can be disciplined on other days. That is why we have to practice it every day when we gamble. Over time, we will definitely be able to have discipline and not be tempted to continue gambling. We should satisfied with what we played.
856  Economy / Gambling discussion / Re: Do you guys believe in other people luck and try to copy them? on: November 16, 2023, 04:36:12 AM
I think we have to look at what game the gambler plays, if he gets maxwin on the slot machine then we can't possibly get the same thing and I will not copy what the gambler does, if he wins many times in football betting. then I will try to copy his game because maybe he is someone who is good at analyzing football matches
For sports betting, copy betting is becoming very popular among many of my friends who are females and normally have no interest in it but now are, and I guess it is the poor economy having an effect on them looking for more ways to make money. I can copy bet too because why won't I? If one of these my friends or someone I know wins some amount of money from copy betting in sports, I will also want top copy bets from their source too, so maybe I will make some money too luckily.
Copying bets can be a way of placing bets without analyzing. But we don't know who we should copy the bet to. If we are lucky, we can win because he has good analytical skills. But if not, we will lose.

In copying other people's bets, we must avoid being tempted by the large amount of money placed. And don't follow those who place bets with big money, especially if we don't have a lot of money. But if the results of our analysis show that our chosen team has a chance of winning, we can place a bet with quite a large amount of money.

Believe it or not, we can only try to copy the bet. We can only choose anyone's bets, but the most important thing is to place bets with money that you can afford.
857  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a peer to peer method less popular than as an investment on: November 16, 2023, 03:35:35 AM
For now, many people are focusing on the price to get the profits. They have not used the uses that already exist in Bitcoin because of regulations issued by the government. They are better off sticking with Bitcoin as an investment first.

If they can profit from Bitcoin, they can improve their economy. After that, they will see the true use of Bitcoin after studying it for some time. Bitcoin is still a good tool for transactions but can only be used partially due to regulatory constraints.

We use Bitcoin as an investment and get a profit first. And when the time comes to use Bitcoin as a means of payment, we are ready to do it. Even though we can now use Bitcoin as a means of payment, there are still many of us who want to keep Bitcoin as an investment. And that's okay.
858  Other / Beginners & Help / Re: Start small and don't get tired of growing in the process. on: November 15, 2023, 07:09:23 AM
Most people have lots of ideas and they are very good, especially if they can be realized. But the problem is most people end up with a lot of ideas without realizing them. They don't want to take even one step to try. And that makes the ideas they have just ideas.

They must be able and willing to try to move on. They have a desire to change their situation for the better but they don't want to try. That's what makes the difference. Other people who may not have good ideas are willing to try all the ideas that come to mind. They don't know which ideas can bring success in the future. They just know that they have to try to move on.

We have to learn from babies. He learned to roll over just to get up. He learned to crawl and even stand. He also failed in many attempts simply because his idea of being able to wake up was not successful in one attempt. But the baby didn't stop trying until he finally succeeded. That's what we have to learn from it. Everything has a process. We have to go through the process so we can achieve what we want. Failure is something we will definitely experience but that doesn't stop us from trying. Sooner or later, we will definitely be able to achieve the targets we want.
859  Economy / Economics / Re: How to survive hyperinflation? on: November 15, 2023, 05:31:21 AM
I've invested in crypto and a little gold. But I still want to invest in crypto again, especially in Bitcoin, because I have seen the benefits that I can get from it. And by using the DCA method, I can increase the amount of my investment in Bitcoin.

To maintain financial well-being, we need to have investments and prepare fiat to survive. However, we still need fiat to meet our living needs. And from that investment, we can get profits that we can convert to fiat to help us survive.

We can live frugally and not be wasteful in expenses. That way, we can have fiat savings to guard against any bad things that could happen. If we can prepare ourselves from now on, we will definitely be able to survive hyperinflation.
860  Economy / Gambling / Re: ✨ BITCASINO - Elevate Your Gameplay 💎 #1 VIP Crypto Casino ✈️ on: November 15, 2023, 03:48:55 AM
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For the bet amount, I always place the minimum bet, although sometimes I increase it once from the minimum bet. However, I still often choose the minimum bet. It is difficult to get big wins from any casino slot game, so we have to be wise in playing slots.

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