Yes, it doesn't sound like what the OP describes can be considered the beginning of an addiction. He simply recharged the account once and also because he hadn't had any luck at all. If you bet $10 like when you play slots and you end up losing them but you have been entertained for a while because you win small prizes and you keep playing, when you run out of money you have been entertained for a while, but if you lose them without winning anything it is easy to get the bug and want to play more.

I think it's good for him to ask himself these questions and be aware of them to avoid falling into addiction, but in this case I don't think he should worry too much.

I kind of agree with this but I only see sense in accumulating cash until:

1) you complete an emergency fund of a maximum of 6 months of expenses.
2) you complete sinkings fund of foreseeable expenses.

Beyond that, I see no sense in accumulating cash, the rest should be accumulated in financial assets, mainly bitcoin but it is not bad to have an index fund or any other financial asset of your choice to diversify.

I kept thinking about that too, and I don't know if it's a joke or something. No tax refund, no wages and no bank account? If he lived in Somalia it would make more sense to me but it sounds to me like he lives in the USA. If true, he must be living Satoshi's P2P dream at its best.

I've distrusted him as well. I don't know how much of an impact it will have but it just seemed the right thing to do.

I think so, the problem with these scams is that they are based on the law of large numbers: they only need a small percentage of unwary people to take the bait for it to be profitable. And there are always those who are clueless, greedy, etc., and fall for the scam. Logically, scammers are now using AI leverage, taking advantage of the technological tools at their disposal to achieve greater success, so you need to be more aware than ever.

Things look definitely good now. The most logical thing would be a rise in the next months, always with some ups and downs and without reaching ATH before halving, although you can never be 100% sure of what can happen.


The good thing now is that those crappy companies and all the bad leverage has already been wiped off, and we face a possible healthy sustained rise.

Sure, a desperate measure taken by a country that became the first in GDP more than 100 years ago and whose disastrous Peronist (communist-like) policies have led to extreme poverty, massive emigration and very high inflation for decades has to be the example to be followed by the rest of the countries of the world.


Yes, together with the idea that if money is needed, the right thing to do is to print more, much more.


Of course not. A government that steals so blatantly the only thing it achieves is to drive capital and talent out of the country, sinking it deeper into misery. It was precisely after this that a massive exodus of Argentines took place.

You've already taken the first step, getting interested in personal finance. There is a system that is very simple and works very well which is the 7 baby steps by Dave Ramsey, which I recommend you to follow.

It is basically about controlling expenses and income, building an emergency fund for unforeseen events, getting rid of consumer debts, and saving and investing. If you have an unstable income you have to calculate an average and spend based on that. If you have had a good emergency fund of 6 months of expenses, you would have experienced what you say has happened to you in a very different way.

Until now you had a tendency to spend everything you earned but that can change and this thread is proof of that. It's not a thing you're going to change overnight but you'll get there.

DaveF is right, I have explained this before. It doesn't matter that there is no specific regulation that charges taxes for selling stones that you find in the mountains or dog shit. If you buy a rock or dog shit from me for $1 and sell it for $1K, the IRS is going to want to tax the $999 profit.

This is a fucking joke.

The OP wants to fish 1000 suckers dumb enough to invest in him when he explains nothing that any serious proposal would explain, for example:


Not only that, but with his experience in the markets, he has not even told us about the annual return he is able to achieve.

Most likely scenario he is a broke kid writing from his mom's basement who has done some demo trading and it worked out well but when he gambled away mom's weekly allowance money he lost it, and now he's come up with a great idea to keep playing.

Well, I wouldn't be so quick to jump the gun, as we were making similar predictions this cycle, where not a single prediction called for a high below $100K, and look how it turned out, at $69K. In approving spot ETFs I would obviously expect a price rise but also volatility, after the initial rise I would also expect ups and downs due to big whales placing massive buy or sell orders to fleece retail investors at opportune moments.

I agree with the others, there is not. Doyle Brunson was a poker player who played until almost his death at the age of 90 this year. So the only limit is that your mental faculties are still functioning well. And in the case of casino games that you can still afford it, because you are losing money in the long run unlike Brunson, who continued to make money in the last years of his life.   

Well, it is not surprising because of the disastrous monetary policy in Argentina and Turkey that has led to very high inflation rates. As far as it is possible, the dollar is a less bad option and this has happened in several other countries, which ended up dollarized, which is what candidate Milei wants to do in Argentina.

Well, that's relative. There are a couple of sites that don't require KYC under 1000 CHF but if you're going to buy online it's going to be by card or bank transfer, so you leave a trail for the IRS. Your best bet would be to use a bridge account in a third country where the IRS does not have direct access and make purchases by bank transfer or card from there.

The problem with responsible gambling features is that you always find another casino where you can gamble. Many casinos do not have them, and in the end, the only thing you are left with is the self control to stop gambling and better if you seek professional help, as suggested by yahoo62278. 

It is like the alcoholic who is rehabilitated. The solution is not to put a barrier in every bar or in every supermarket so that he can not enter and buy alcohol, the solution is within oneself, to quit for good and in the vast majority of cases, if not all, with professional help.

Turkey is going in the wrong direction. With one of the highest inflation rates in the world, they first banned payments with cryptocurrencies, and, as it usually happens, as people skipped the ban they have realized that it is better to regulate them and try to tax them. The problem is that if you put high taxes you incentivize people not to declare. If instead of 30% they put a 5% tax almost everyone would declare because for how cheap it is it is not worth getting into a potential problem with the tax authorities, but with how disastrous Turkey's monetary policy is going I am not surprised.

I think pooya87 lives either in Iran or near, somewhere in that part of the world. But I think he doesn't have notifications turned on. If you are interested in the topic and you don't get replies in the thread maybe you can send him a PM to read the thread and he can give a reply.

I don't know to what extent the moderators of the local Russian board may be in cahoots with him, as you and Gazeta suggest, what is clear is that Ratimov's behavior is quite suspicious and so far has resulted in a few DT1 distrusting him. Those are many, too many deleted threads, and Mr. Switzerland putting him on ignore for it, opening the quoted thread, gives a lot to think about.

Most likely yes, and although some people like to speculate on extraordinary events affecting the price, I prefer to go on the basis of what is most likely. At the point of the cycle we are at and the recent price trend the most normal thing is that we do not return to sub $20K levels, but rather the opposite. Could some event as happened in its day with COVID-19 cause such a fall? Yes, but I do not rely on what I cannot predict. And in the case of wars, there is no direct relationship that indicates that they necessarily affect the market up or down.

Yes, I am of that opinion, but guessing games in the speculation section entertain us. I for one am torn between thinking it will go up a little more in price to between $40K and $50K at the end of the year and thinking it will stay as it is or even go down a little, as at least traditionally in the stock market the end of the year is usually low volume and making sales to offset losses for tax purposes. So I did not vote but that is what I think.