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881  Economy / Economics / Re: Being rich = not looking at price tag on: November 11, 2023, 02:42:48 PM
If I were a rich person, I would still look at the price tag of a product. If the product can provide benefits for me, I will buy it. But if not, I won't buy it. As simple as that. Rich people still look at the price before deciding whether to buy it or not buy it.

They do have a lot of money, but they also pay attention to the benefits of the product. Most people buy a product just because it is a new trend, so they forget its benefits. This is what makes many items in our homes not provide long-term benefits.

Rich people can also be wise when it comes to buying products. They will always check everything and often go so far as to compare one product with another. And if they get what they want, they will immediately buy it even though the price is expensive.
882  Bitcoin / Bitcoin Discussion / Re: Bitcoin is the Choice of Investors on: November 11, 2023, 01:14:57 PM
Of course, Bitcoin is a choice for investors, especially investors who have known Bitcoin for a long time. But for people who don't know Bitcoin, even though they are investors, they won't say that. Many of these investors still doubt Bitcoin. They don't think they can make big profits from Bitcoin.

They still choose to invest in gold, as they have known for a long time. They are unwilling to accept new things that might be more promising to provide benefits for them. Moreover, they often hear that Bitcoin is only used for illegal things.

Let them be like that because we will not be able to change their stance. If they still choose gold as their investment, that is their choice. But for us, Bitcoin is an option to invest and we are already strong Bitcoin investors.
883  Economy / Gambling discussion / Re: A tip for staying resposible while gambling. on: November 11, 2023, 09:57:01 AM
There are many ways that gamblers can control themselves. You provide tips that can be useful for those who still have difficulty controlling themselves. There may be more ways to control yourself well.

I usually use restrictions on the amount of money I deposit. If it reaches almost half of the amount of money I deposited, I will stop gambling. I don't think about the outcome of losing or winning. Getting that win was a gift for me that I rarely get.

Apart from that, I always use small bets so that if I lose, the loss won't be big immediately. But each person who is able to control themselves has their own method, which will definitely be different from the one we use. Everything aims to ensure that we can control ourselves when gambling.

If they still can't control themselves, they have to keep training. Only with practice can they have good self-control. They can prevent bigger losses and will not continue gambling if they have had enough.
884  Bitcoin / Bitcoin Discussion / Re: Bitcoin is not perfect, and that's okay. on: November 11, 2023, 08:35:17 AM
Even though Bitcoin is not perfect, it still helped many people who believed in what it could do in terms of financial solutions in every human life around the world to open their minds to this field of industry.

But even though they think Bitcoin is no longer good, the percentage continues to increase, making it popular and a reason for investors around the world to trust it even more. Why is that? That's because they can't prove that Bitcoin is bad in the reality that is happening now every time it comes to us.
Nothing is perfect if it is man-made, as with Bitcoin. But so far, Bitcoin has been perfect for me because Bitcoin has provided many benefits for me and other people. All of us who have known Bitcoin for a long time have already benefited from that.

We can also accept that Bitcoin is not perfect. And those who think Bitcoin is imperfect will probably regret it when they see Bitcoin will become more and more popular in the future. They will not be able to follow Bitcoin's journey, especially if they still think negatively about Bitcoin.

They should try to accept Bitcoin as it is. And they can also take advantage of the benefits that Bitcoin brings to them. After they get the benefits from Bitcoin, they can judge whether Bitcoin is imperfect or whether Bitcoin is perfect after they get the benefits from Bitcoin.
885  Bitcoin / Bitcoin Discussion / Re: Bitcoin and it's 4 Year-Cycle on: November 11, 2023, 07:05:18 AM
Anytime someone asks me about buying Bitcoin the very first thing I tell them is about the four year cycle, cuz if you don't even know about that you don't have a clue what you're doing. That's THE single most important thing to know about the bitcoin market.

I think that's the most important thing, if I'm not mistaken, I have spoke to someone way before the pandemic and the halving. I still remember it was 2019, and he was asking me all about Bitcoin. And I say to him that he should just continue to buy and don't sell for small profits. But as things turn out, there is the pandemic, lost touch of him because of the lockdown as he did go back to his province. But the last thing I heard about him is that he is doing good because he just hold on his Bitcoin and wait till the halving in 2020.
And it looks like he benefited from the rise in Bitcoin prices after 2020. We still hope to witness a high rise after this four-year cycle. Moreover, next year, there will be a halving moment and that could be an impetus for prices to increase again.

And if that high increase will occur in 2025, that's okay because we can still buy Bitcoin and store it. And for now, we can accumulate more Bitcoins before the price really increases and reaches its final ATH. That would be a high price to buy Bitcoin. And if there are still people trying to accumulate Bitcoin at that price, that's okay because they definitely have considerations.

This four-year cycle can be a sign for us to know when the Bitcoin price is expected to increase. Although it cannot be a definite sign, at least we can hope to see Bitcoin prices increase again. And at that moment, we can sell the Bitcoin that we have collected at the new ATH.
886  Bitcoin / Bitcoin Discussion / Re: Refer to my previous topic: "Investing plan" on: November 11, 2023, 03:55:11 AM
It's okay if you finally want to start investing $100-$200 in Bitcoin. That is a good plan, especially if you can consistently carry out your plan every month to the limit you set.

It's never too late to start investing in Bitcoin considering what could happen to Bitcoin in the future. And you're not alone @OP. Many people also invest in Bitcoin with the money they can afford.

And if you have $1500 to invest in Bitcoin and want to spend $100 each month, that means you have 15 months to invest. It is likely that your investment plan will be completed in January 2025 assuming you start investing this month.

Good luck @OP.
887  Economy / Gambling / Re: ✨ BITCASINO - Elevate Your Gameplay 💎 #1 VIP Crypto Casino ✈️ on: November 10, 2023, 05:32:10 PM
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I'm a little jealous that some of you were able to win. It's still a win for you and congratulations to all of you. But that's okay for me.

I think I want to go back to playing slots again to see whether I can get my luck again or whether I will continue to lose. But even if the result is losing again, it's okay because gambling is a form of entertainment for me.

Enjoy your win, and for the person who succeeded in getting a big win, he really deserves it.

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889  Economy / Exchanges / Re: Will it affect you in any way if Binance completely shuts down ? on: November 10, 2023, 03:23:10 PM
Eh?

And who guarantees that Binance will have assets by that point to allow all of its users to recover and move on? That kind of scenario will only happen if Binance gives an advance notice to a shutdown date in the future, which is extremely unlikely to happen given that Binance is so large and powerful at the moment.

And if it just shuts down suddenly, then nobody will be able to withdraw funds.
Nothing can guaranteed. But we know that Binance is now bigger than it was a few years ago. Even though they continue to be hit by regulations in several countries, that hasn't stopped Binance from continuing to operate. So it is unlikely that Binance will close its business, although the possibility remains.

To anticipate that, we don't need to keep large amounts of funds on the exchange, and we already know that.

That is possible that they may give notice before they entirely go on a shutdown. But there can be a reason for a shutdown and one of it is bankruptcy. We've been into belief of their "funds are safu". But what if we see the negative side of theirs that they'll put on a notice that everyone's fund is lost and they're already bankrupt. Like the other known and popular exchanges that are still in contest for the funds of their users that they've kept for all of these years. We have to learn from the experience of others and from the bad ending of other exchanges that we shouldn't trust them wholly.
If it is a bankruptcy, Binance will need to prepare huge funds to be able to refund its customers. If that happens, Binance will provide information about the timing so that its customers can withdraw all their assets.

If they cannot pay all of their customer's funds, that is an exception and their customers will bear all the losses. This is why it is not recommended to store large amounts of assets on exchanges. This is to anticipate if this happens.
890  Bitcoin / Bitcoin Discussion / Re: Getting losses, Take a break and just focus on Bitcoin. on: November 10, 2023, 07:50:47 AM
Trading futures requires more analytical skills than spot trading. We must know when to close a trade and not chase bigger profits. Most future traders are greedy because they want bigger profits even though they have made good profits.

It's okay if they hope to get bigger profits. But it also depends on when they enter the market, what price they get, and how the coin moves. Whatever the coin, if its movement continues to remain the same for a certain period, he will be safe and can hope to make bigger profits. But unfortunately, today's crypto market is not like that.

The cryptocurrency market has now changed a lot. Today, the movement could go up for 2 days, but then the movement could go down for more than 3 days or sideways for a week. If so, they must be observant to know when to enter and exit the market. This is where it is important to have analytical skills because it will determine when they close their trade.
891  Economy / Gambling discussion / Re: What impact does the BTC price have on your gambling habits? on: November 10, 2023, 06:04:23 AM
The price of Bitcoin rising or falling does not affect my gambling game. If the price of Bitcoin goes down, I'll switch and use stablecoins because I can deposit the same amount. But when the price of Bitcoin rose, I again deposited a number of satoshis to gamble with the same value as stablecoins. For example, I usually budget $20. That's the amount I always use in Bitcoin or stablecoins.

Playing more will only make me lose control. That's why I always limit my gambling games. I don't want to lose more because that means I will lose more money than I can afford.

But I can also not gamble when the price of Bitcoin rises or falls, especially when I have more sudden needs that need to be met. I can stop myself from doing it for some time because I don't gamble too often. But gamblers who gamble frequently will not be too affected by Bitcoin price movements. They will still gamble.
892  Economy / Gambling discussion / Re: What are some things you should always avoid while gambling ? on: November 10, 2023, 05:03:42 AM
Avoid being emotional. I guess that's the number one thing. If you are emotional, you will be carried away by joy, greed, despair, etc. If you are winning and you're very emotional, you could end up losing everything. You think you're lucky and would continue to play even after winning big already. Or if you lost, you could be angry and you would chase your loss and try to recover it. This emotion is equally damaging. You would go home with a bigger loss.
But unfortunately, many gamblers are too emotional, whether they win or lose. And that is a normal attitude that gamblers will take, but they should still be able to control their attitude, whatever the outcome. This is to prevent them from losing control of themselves while gambling.

And that can make them not stop but continue gambling. And if they lose control because of their emotional attitude, that can cause them to continue trying to catch up on their losses. That's what must be avoided when we gamble because chasing losses can lead to other losses.

Emotions can ruin everything and when you become emotional, you will forget to control yourself. Many gamblers have experienced this, so we really have to take good care of ourselves while gambling.
893  Economy / Gambling / Re: Casinos not asking for KYC to register and play, but do require it to withdraw on: November 09, 2023, 04:37:16 PM
Many gambler want to private and secure their personality exactly when joining gambling platform, as possibility try with gambling platform without required with KYC despite have some gambling platform have regulation current their gambling located must have pass KYC for all user. You right with some gambler have several casino site exactly when have casino update new rule with required KYC they will move to other casino site and leave the casino have completed rule.

I don't know with some casino rule exactly KYC process, have easily wat with document ID and take selfies as ruler for gambling platform KYC but some casino required until fourth level not only with document ID but also have post proof until need show Bank proof if want approved document KYC.
In fact, gamblers can gamble without having to do KYC as long as they don't exceed the money limit for gambling. We see that many cases occur after they have won a lot of money. And some people deposit a lot of money, play gambling, and finally get their big win. This sparked curiosity in the casino, so they asked their users to complete KYC first before the casino would process the withdrawal.

For those who already know about these regulations, they will carry out KYC because they feel it is something that needs to be done. But those who don't want to do that will accuse the casino for various reasons even though they know that doing KYC is part of the casino regulations.

That's why if we don't want to do KYC, we also have to know how we should gamble. We don't need to gamble with a lot of money and only deposit as much money as we can afford. And with that limitation, we don't need to complete KYC even though we will be asked by casinos in the future. If you don't want to do KYC, you don't need to gamble at all. That is the choice.
894  Economy / Speculation / Re: Bitcoin price $45k by ending of 2023: AI prediction on: November 09, 2023, 02:24:21 PM
We will see whether the predictions from the six AIs will come true or whether they will just remain predictions. AI can indeed predict something like what the price of Bitcoin will be on December 31st. But we shouldn't make it a benchmark that the price of Bitcoin will actually reach that price. Even Bitcoin analysts cannot predict the future price of Bitcoin accurately.

My target is not December this year, but it is still possible after the halving or a very high increase in Bitcoin prices. I am still waiting for Bitcoin price to reach more than its last ATH or $69k. So whatever the price of Bitcoin at the end of December, it will not influence me to sell Bitcoin. I'm still waiting for the latest ATH for Bitcoin.

And now we are approaching $40k which is only the beginning of November. Will the price remain sideways until the end of the month or will there be a rise leading to $40k this November? If there is, it means you need to ask AI again about prices at the end of December.
895  Bitcoin / Bitcoin Discussion / Re: Holding for long might not be the best option. on: November 09, 2023, 01:00:49 PM
Each person has a plan. If there are investors who have bought Bitcoin at $69k, they may have bought it because they were in a hurry to see the price of Bitcoin increasing rapidly. They buy it because they don't want to be late in taking profits. But unfortunately, they were too late because the price decreased and was at its lowest price.

However, some investors sell their Bitcoin when the price starts to decline and wait for the right moment to buy Bitcoin again. They will usually wait until the price of Bitcoin reaches its lowest price. Maybe they are just guessing where the lowest price is. And most people start investing in Bitcoin when the price starts to move up. Maybe more people will start investing in Bitcoin when the price reaches $50k.

Even though they had been given the opportunity to buy Bitcoin since the price was at $15k-$17k, but they didn't start buying it because they were still worried that the price would fall further. But when the price was at $20k-$28k, they didn't buy it and even now, they haven't started buying Bitcoin. So far, holding Bitcoin for the long term is still working well. We have seen it happen and it has provided huge profits for many people who have made Bitcoin their long-term investment.
896  Economy / Gambling discussion / Re: How often is your luck in gambling? on: November 09, 2023, 11:03:55 AM
I'm not very much lucky in terms of winning during those days that I'd like to bet using small amounts and just for mere fun. I guess the odds aren't just siding with me because I lack the skills too. But when it comes to lottery, I can't say for sure because I haven't tried it yet myself.
I value luck more than skill in gambling but not always. I won 6 bets consecutively in gambling especially in sports betting last few days ago. I was surprised myself because I had never had such a victory before. I have done a lot of betting before but to suddenly get so many wins together which is surprising to me. I think if luck favors you then you can profit from gambling very quickly. But this fate will not always work in the same way. We have to bet as much as possible observing and risking to lose.
Yes, maybe we don't experience or get lucky more often than other people. If we can win a lot of games in sports betting while we feel that we still need to practice our analysis, it will definitely surprise us. This is a normal thing experienced by many gamblers who are not very skilled at analyzing. I feel it too.

But when we talk about luck, we cannot expect luck to always be with us when gambling. Luck will only come to the right people and will not last long. And if anyone can get lucky enough to win a lot of money, he should immediately stop gambling. He could experience defeat if he continues gambling.

But for lottery games, we really need luck to win. Only a few people can win the lottery jackpot because they are really lucky and deserve it.
897  Economy / Economics / Re: "I saw my salary on a bottle of perfume today" on: November 09, 2023, 07:29:52 AM
Financial freedom is a condition where you have enough and no financial difficulties. You can buy what you want without having to wait. But financial freedom is the moment when you have achieved stability in your financial condition. Maybe we already have a passive income, so we don't think about finances because we can earn money steadily.

But if you don't have any debt and you can meet all your life needs, primary or secondary and also others, you may have achieved financial freedom. The important thing is that you can feel satisfied with what you get even though you are not rich, but you can feel enough, and that also includes financial freedom.

However, the definition of financial freedom may be different for each person. By owning Bitcoin, at least, we have achieved financial freedom. We don't worry about our future because we already have long-term investments. We can also fulfill all our daily needs well without any difficulties.
898  Bitcoin / Bitcoin Discussion / Re: investing plan on: November 09, 2023, 05:25:58 AM
Having $1500 is a great start to investing in crypto. With that money, you can use $1000 to invest in Bitcoin and $500 for altcoins. But for now, it's best to hold on because crypto prices are currently rising. Wait until the crypto price declines or experiences a correction. Then, you can start investing in crypto.

If you want to buy at the current price, you can buy Bitcoin, but before that, you should make your investment plan. You can use the DCA method as your investment plan. With this method, you don't need to pay attention to price movements because you invest every week or month. It will be safer because you don't need to panic if the price decreases or increases.

You can also use all the money to invest in Bitcoin. Choosing Bitcoin as your investment is enough so you don't need to use altcoins as another investment. But before you start, you have to do some research first.
899  Economy / Exchanges / Re: Will it affect you in any way if Binance completely shuts down ? on: November 09, 2023, 03:53:14 AM
It doesn't have much of an impact because before Binance shuts down completely, Binance will allow all its users to withdraw and move all their assets to other wallets or exchanges. There may be an adverse impact on the market because as a large exchange, Binance also exerts influence on the crypto market. But it won't be long because the crypto market will definitely recover again.

It may also have an impact on the price of Bitcoin but that won't be long either. There will be a change in top positions for the crypto market so the situation will change. But there's nothing to worry about. People who have known crypto for a long time will maintain confidence in crypto. They already understand what the crypto market is like.

But there are indeed some investors or traders who have lost confidence in crypto and these are the ones who will abandon crypto. Others will still stay in crypto because they know it's only temporary and everything will recover.
900  Economy / Gambling discussion / Re: Have your own casino. on: November 08, 2023, 08:58:16 AM
Owning a casino is not just an easy way and yes if you have already build your own casino then a lot of money will come at you but we must always remember that building a casino is not just  easy you need to have a bigger amount in order to sustain your bankrolls and also you need to pay for your marketing so that your c new customers will be come.  You need to spend your money's in to your promotion like yo will pay for the streamers do that your casino will publish.
That's what people who want to build a casino should pay attention to. They have to prepare quite a large amount of capital to build a casino from scratch. We must also have a team that can work together and have unity so that what is planned can run well.

Marketing is something that casino owners must do to get lots of customers. For this reason, casino owners also have to allocate large amounts of money for promotions. Hiring a streamer might help but it depends on your capital because it is not a cheap expense.

Having cash in your balance is also worth paying attention to because there are lucky gamblers who can get big wins. They will withdraw their winnings and that is why the casino needs to have a lot of money to be able to pay them. There are many more things that need to be prepared and only people with a lot of money can build the casino.
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