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921  Economy / Gambling discussion / Re: UEFA Europa League 2023/24 Season on: September 02, 2023, 08:56:43 PM
Easy demolition job for Liverpool this year, even the reserves are good enough for the group stages here.
Gonna be tough to win it, some great teams in it this season, all incredible hungry to win the title

Only West Ham, Roma, Villareal and some others are going to be tricky. I'm not accounting for teams who will drop down from champions league though (Newcastle for example will almost definitely drop) but there's enough quality in our squad to dismantle them all too.Even Sevilla.

It would be nice for Liverpool to win it though, I think its the only official competition Klopp hasn't won that he's managed in since he arrived. Brighton and Milan are the only credible threats generally to Liverpool in this picture. Obviously can’t still account for who’s gonna drop down from the CL but Liverpool are ahead than other team to win the title.
922  Economy / Speculation / Re: Buy the DIP, and HODL! on: September 02, 2023, 09:33:17 AM
However as your holdings of Bitcoin grow and our goals evolve, other strategies such as buying on dips and lump sump buying start to appear more appealing.
I'm not necessarily endorsing any of these types of strategies, I'm more of a dollar cost averaging/long term holder kind of a guy, but if you do insist on gambling trading then you should be more careful. Maintain a unique strategy would be a good idea but when you think you want to adopt other kind of strategy because you feel your good at DCAing you might lose what you have accumulated for years.... ITS NOT ADVISABLE!
923  Economy / Gambling discussion / Re: Quit gamble! Easy or Hard? Let's talk. on: September 02, 2023, 09:03:52 AM
OP, there are many things' people do for fun but later ended in what has been generating income for them. People get paid to play games online using Xbox or PES, most content on YouTube are also fun content but YouTube get them paid. I do not advice that gambling is good and all that what am saying is that it is a choice and if a person gets his income from there then it's obvious his good at it and he can continue.
924  Bitcoin / Bitcoin Discussion / Re: Lessons Taken from Previous Bull Markets: How Will Your Approach Change? on: September 01, 2023, 09:09:18 PM
The only things I've learned from the previous cycles is that bitcoin is the king and all the rest are shitcoins that come and go and that there's no bad moment to buy bitcoin, as it eventually surpasses all earlier highs in a perpetual uptrend. There's really no special plan or anything, but being stubborn and patient when it comes to my bitcoin.

My strategy is to buy as much as I can of this great thing and hold it for as long as I can because...
It's going up up forever Laura.
This is my focus today, to accumulate as much as I can and do DCA whenever I can. That way, when everyone else is selling and making decent profits, surely I'm also having a great time as well.
I am impressed with the fact that you and I have similar thought. I have entered in various discussions on speculating bitcoin and one strategy that has really worked well for me is DCAing. TBH I have little experience on bull market because I was a late investor. But I have accumulated a lot in this bear market and am curious waiting for the next bull run. Even then, I'll stick with the strategy I've learned so far.
925  Economy / Speculation / Re: What is your anticipation on bitcoin market capitalization as for 2030 on: September 01, 2023, 08:51:30 PM
This is pretty fascinating. Bitcoin has been growing really fast, and it's likely that by 2030, there will be twice as many people using Bitcoin. But here's the thing, even though there will be a lot of addresses holding Bitcoin, only a few will be holding it for a long time.

About three years ago, Bitcoin's total value went up to around $80 billion, which was even more than Facebook's value. It jumped by almost $100 billion in just one week. During all this time until now, many Bitcoins have been lost and can't be used anymore. So, the traditional market cap numbers are not very representative of what actually exists.
926  Other / Beginners & Help / Re: Am I using the right plan? on: September 01, 2023, 07:37:14 PM
I don't think it's a good idea to let them learn the hard way. As you mentioned, he's your younger sibling, and you have more life experience. You've probably seen different scams like Ponzi schemes before and can recognize them. It's better to advise him and let him know that he could get hurt if he doesn't leave that Telegram channel. Sometimes, they ask for a withdrawal fee before you can take your money out, but we know it's a scam to take even more after you've already invested.
927  Alternate cryptocurrencies / Bounties (Altcoins) / Re: WorkAsPro.com | Signature Campaign | 1st Blockchain-Based Freelancing Platform on: September 01, 2023, 06:25:44 PM
Thanks for accepting me sir, I have successfully wear the signature  Smiley
928  Other / Beginners & Help / Re: [Merit] Help posts in local boards that did not receive enough merits on: September 01, 2023, 05:09:51 PM
Naija Local Board
This is the list of links:
Link 1: https://bitcointalk.org/index.php?topic=5463484.msg62706708#msg62706708
Link 2: https://bitcointalk.org/index.php?topic=5261214.msg62749578#msg62749578
Link 3: https://bitcointalk.org/index.php?topic=5460488.msg62687313#msg62687313
Link 4: https://bitcointalk.org/index.php?topic=5462809.msg62687250#msg62687250
Link 5: https://bitcointalk.org/index.php?topic=5464608.msg62749544#msg62749544
Link 6: https://bitcointalk.org/index.php?topic=5462484.msg62663688#msg62663688
Link 7: https://bitcointalk.org/index.php?topic=5462007.msg62644201#msg62644201
Link 8: https://bitcointalk.org/index.php?topic=5461935.msg62642463#msg62642463
Link 9: https://bitcointalk.org/index.php?topic=5461878.msg62638991#msg62638991
Link 10: https://bitcointalk.org/index.php?topic=5460990.msg62599807#msg62599807
929  Alternate cryptocurrencies / Bounties (Altcoins) / Re: WorkAsPro.com | Signature Campaign | 1st Blockchain-Based Freelancing Platform on: August 30, 2023, 08:59:47 PM
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=3561516
Current posts count (including this one): 79
Polygon wallet Address: 0xc3d28747395549457e7A3D7E87621e3806b4e8D1
930  Economy / Speculation / Re: Buy the DIP, and HODL! on: August 30, 2023, 09:55:30 AM
Sorry if it disturbs your discussion, lately I often hear how almost every time I meet my friends talk about investing in Bitcoin in the DCA way, I am curious and finally know the general description of DCA, which is to allocate a certain amount of money to invest regularly as you said. Does DCA here have to be supported by stable finances? for example, having a steady income from work which can later be used to invest more regularly.
I say that because my friend's discussion with his financial condition was clearly inappropriate. I mean, their income is unstable but investing the DCA way.
What do you think the ideal DCA looks like? I really need advice because I have been studying Bitcoin for a long time, my income is quite stable for now. It would be very profitable if this financial allocation was invested in Bitcoin. As long as I know the risks, I believe Bitcoin will be useful in the future and institutional adoption is also currently increasing. As someone who is interested in investment strategies, you definitely need the right method.
Its interesting you ask for advice. During the previous bull cycle I was kicking myself for being too conservative DCAing and not just trusting my instincts about Bitcoin. Now, during this bear cycle, I'm thankful I was prudent and didn't go balls deep buying Bitcoin, so I still have plenty of water in the tub to DCA at these lower prices.

So basically, in my experience no matter what you do you'll have some regrets after the fact with the benefit of hindsight, but I think the safer more conservative route probably results in less extreme regret... So I'd say steady, sustainable DCA is the way to go.
931  Economy / Speculation / Re: Buy the DIP, and HODL! on: August 29, 2023, 10:58:04 PM
Are you buying dips?  Are you DCA'ing?  Are you lump sum buying?  are you just waiting? or some combination of those?
Pray tell.
DCAing is my best options, Always better buying in these times than in ATH territory tho. I bought the dip last night and going to buy some more tonight. I know it ain't that much but I can't miss these bargain basement prices. At times every time I buy it dips a lot more. What I am just learning is to just buy much smaller amounts that way I am not losing as much as I was before, am not really bothered tho because am holding for long
932  Other / Beginners & Help / Re: I need some guidance on: August 29, 2023, 09:03:22 PM
I wouldn't like to repeat a similar comment that I already shared on a similar topic. The best thing for me to do is to provide you with the link to my previous response, so you can familiarize yourself with the tips I mentioned.

Link to the comment

Goodluck to you buddy!
933  Bitcoin / Bitcoin Discussion / Re: What are your reasons for adopting cryptocurrency? on: August 29, 2023, 08:22:29 PM
the reason why I adopting cryptocurrency is to avoid inflation. I feel that it is not fair when my money value decrease only because government print more money as they want. I was working and save money to keep me life. and once they print more money, my hardwork becomes less worthy. for me it is better to save some of my money in form of bitcoin although it volatile but I am experienced enough to make a good strategy to invest in btc.
Inflation happens when the cost of living and things we buy goes up. This can be because of printing more money, but there are other reasons too. Some people mistakenly think it's only about printing money.

The amount of money today isn't 137 times more than in 1922.

You can see the numbers here: [Link to the statistics]

In 1922, the money was a lot less, around 4483 billion. If we multiplied that by 137, it would be 611 trillion. That's more money than there is in the whole world.

If the value of Bitcoin doesn't grow more than the cost of things we buy every year, it doesn't really protect you from inflation. Having less purchasing power means Bitcoin isn't a good way to guard against inflation.

If there's 5% inflation every year for 100 years, then what costs 131.5 in 2122 would only be worth $1 now, not 18k.

Lets use an example of 18k anyway. If $1 is worth 18k in 2122 and a car costs 414 million then (23,000 x 18,000), for you to have the same buying power, one Bitcoin would have to be valued at 414 million.
934  Other / Beginners & Help / Re: Just Learnt About A Major Risk Involved In Stable Coins on: August 29, 2023, 02:20:31 AM
Can you also agree to the fact that even the so-called stable coins are not always stable?
Many stable coins ask us to have faith that they're backed by reserves, kept in banks. They want us to think it's different from Bitcoin.

They are only trying to bring an old way of doing things, but on a blockchain.
935  Bitcoin / Bitcoin Discussion / WEIRD BITCOIN CONVERSATIONS AT GATHERINGS - SHARE THE CRAZIEST STATEMENTS MADE on: August 29, 2023, 02:06:12 AM
After spending hours watching the market, making trades, and building up your Bitcoin, you might want to hang out with friends or go to gatherings. While some of them know about your activities, others might not. You might have had conversations or something might come up about Bitcoin.

Did any crazy things come up during these talks?

Did someone say investing in Bitcoin is silly?

I'm sure a lot of you have interesting stories to share. Tell us about your experiences!
936  Bitcoin / Bitcoin Discussion / Re: HOW DO WE TRANSFER BITCOIN WEALTH TO HEIRS AND THE NEXT GENERATION on: August 29, 2023, 01:28:42 AM
sometimes is also good saving a screenshot of your Bitcoin phrase and sending a copy to your wife as a back up plan.
It's considered very risky, mate.

Buddy your right and I think if he had eventually tried this act then his bitcoin phrase has been compromised. I would recommend he start over with a brand new seed and send his bitcoin over there if he really cares about his portfolio or passing it to his next generation. These mistakes are exactly how fraudsters steal bitcoin. Then are left with nothing and no idea how it happened, blaming their wife for their own mistakes because they didn't take this seriously.

Maybe if he uses the Trezor wallet, he can use a unique feature called the "advanced recovery phrase." This lets him add his own secret words to his recovery phrase. This means he can keep his recovery code even safer. Even if someone finds it, they can't get to his coins because they won't know his special words.
937  Bitcoin / Bitcoin Discussion / Re: HOW DO WE TRANSFER BITCOIN WEALTH TO HEIRS AND THE NEXT GENERATION on: August 28, 2023, 01:33:02 AM
sometimes is also good saving a screenshot of your Bitcoin phrase and sending a copy to your wife as a back up plan.

Holy shit this recommendation is dumb, irresponsible and contrary to best (or even basically better) security practices..

Haha am totally shocked as you are, i wouldn't think of such

Many people that are building their Bitcoin portfolio are doing it to also save for the coming generation. However, how this wealth will be transferred to the heirs and the next generation and how this wealth will be preserved without being lost or causing problems still remain unclear.

OP i have been so interested in this post, thank you for putting something together, especially because it’s such a dark topic but so important! The hindsight of preparing your finances for post death is something that shouldn't be ignored especially for secured funds like Bitcoin. Ever since i have been doing my own research and I found out about Google's Inactive Account Manager. Perhaps this could help.

1. You need to setup what happens to your account and data when it becomes inactive for a period of up to 18 months.
2. Make sure you apply for auto responders as it send email to the specific heirs when its due time (One good thing is it can be updated frequently because you don't know when its your time)
3. The email should tell them how to get your real things like your laptop, phone, wallet, and stuff like that. Then, tell them about a locked file saved on your computer or USB drive. This file has more info about how to get to your crypto. To keep it safe, you can use a free tool called 7-Zip to make your file secret and archived
4. Wish them farewell and hope they will be impressed with the amount you have accumulated so far in your portfolio.

For better understanding of the google inactive account manager read this source article here
938  Economy / Speculation / Re: Buy the DIP, and HODL! on: August 27, 2023, 03:11:32 PM
I have made mistakes along the way, too, and there are surely folks who have had way better price performance than me.
No one is above mistake buddy

[edited out]
I think that I have told a variation of the story that when I first left home  and I was 17/18 years old, and I had a pretty limited cashflow, but I learned right from the start to always attempt to put away at least 10%, and I was not always very good in terms of where I put the 10%
I remember clearly. That's why I call you the big brother. You started thinking about investing when you were young and managed to save some money. I wish I had that understanding when I was young. Even if I had saved just a little bit, like 2 percent, I would have gathered quite a bit of Bitcoin compared to what I have now. That's why people say if you don't know, you're missing out. Having the right information is crucial for gaining knowledge.

Quote
No one knows who that address belongs to, but we know the purpose is obviously as an investment, or probably a store of value? What whale would accumulate such a high amount of Bitcoin to merely "trade" them.
Isn't the SEC's decision over BlackRock's ETF scheduled next week? I believe it is.
Most of the bitcoin has always been held by a handful of people. It's not surprising if someone has a lot of it. Maybe they're keeping it for a long time after making money, or they're using some for trading and some for just holding onto. It's not like this money is equally helping everyone, as some people believe. This is how things are in the world of crypto, and it'll probably keep going this way as the market values increase.
939  Local / Nigeria (Naija) / Re: Naija Novice Hangout {Newbies introduction & Orientation} Thread. on: August 27, 2023, 02:22:00 PM
E no go good if I no yan with my people for here. Na the first time wey I dey see this thread, so make I hail all the respected members.
I greet o!

Username: Agba Moni
Gender: Male
State of resident: River State
Skills: Business: Product Designer, Web developer and Mobile Engineer
940  Other / Beginners & Help / Re: Is DeFi an aging, over-hyped mess or a great thing? on: August 27, 2023, 01:45:29 PM
Hello! You're welcome to Bitcointalk. I'm happy to hear you're reading but it's cool you acquaint yourself with the rule of the forum so that you'd get instructed correctly and perhaps grow better here too. Take a look at some of the do's and don'ts of the forum below:

Unofficial list of (official) Bitcointalk.org rules, guidelines, FAQ
https://bitcointalk.org/index.php?topic=703657.0

everything you need to know about forum rank, activities and merits.
https://bitcointalk.org/index.php?topic=2766177.0

posting etiquettes
https://bitcointalk.org/index.php?topic=5184741.0#post_altgiveaway

Beginners and Help Encyclopedia
https://bitcointalk.org/index.php?topic=5364418.0

You can learn to start being a long term investor or a short term investor, you can also be very active onbthe bitcoin trading discussion boards on bitcointalk, here are other helpful threads to learn about bitcoin investment

new to trading?
https://bitcointalk.org/index.php?topic=5446799.msg61999785#msg61999785

trading news and tracking
https://coinmarketcap.com/gainers-losers/
https://www.tradingview.com/crypto-screener/

I want to learn more about bitcoin like how to get it.
You can mine it, exchange it, or receive it as gift or a currency being paid with your reward for offering a service instead of being paid in fiat, wgich is by earning bitcoin.

You can use an exchange to get bitcoin using fiat and then create a personal wallet to store your bitcoin and keep the keys safe

bitcoin history
https://bitcointalk.org/index.php?topic=5438353.0

To your question I'd say that DeFi will likely evolve, while some projects may fade, others will stabilize and simplify, making adoption easier. The company will continue to see innovation and growth, but security challenges will persist, prompting gradual improvement. As long as they're not relenting to innovations

Welcome once again!


TBH buddy, i cant find anything you share helpful to what OP has shared.
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