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941  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: September 07, 2023, 03:00:21 PM
Maybe I will focus more on Burnley, we know that this team was led by Manchester City legend Vincent Kompany and from the start, when they were still in the championship division, Burnley was a very promising team. But at the start of the season Burnley did have the unfortunate fate of having to face wild teams like Manchester City, Aston Villa and Spurs. I think it's quite understandable if in the end Burnley couldn't get a single win. However, in the next match against Nottingham, I hope that Vincent Kompany's troops can show their quality this season and at least get their first win.

I had actually very high expectations from Burnley to start strong but so far they are really letting me down here. All these three newly promoted teams are really playing a poor football as compared to PL level. They really have to up their game if they have to stay in PL next season. Nottingham also isn't an easy target for Burnley. Despite Brenan Jhonson's departure they still have a good counter attack. Forest really are performing well and they also have defeated Chelsea in last gameweek so they also must be very confident right now. Should be a tough fixture between Burnley and Forest then I will pick Forest here.
It's actually difficult to see good progress when promoted clubs come to the Premier League because only a few can survive with the harsh competition like the Premier League. Burnley is a promoted club but their performance remains unchanged because they don't last long in the EPL and it's likely that this season will be the same.
3 matches in the past and 3 times they lost. In addition, they are also currently the same as Leeds last season which has always been the goal barn of their opposing club in matches because the 3 matches Burnley has done they have conceded 11 goals and they have only managed to score 3 goals so by looking at a bad start like this it will be very difficult for Burnley to rise if their performance remains the same.
942  Bitcoin / Bitcoin Discussion / Re: Government vs Bitcoin on: September 07, 2023, 02:40:54 PM
Governments frequently misunderstand bitcoin innovation.
This impression arises from the disproportionate bans and regulations they enact.
Although occasionally the bitcoin regulations appear unreasonable, I posit that bitcoin is not as detrimental as suggested. Please correct me if I am wrong.
The innovation that bitcoin provides is not wrong but it will disrupt the existence of the government so that some of them will definitely be afraid that if things like bitcoin continue to develop it will increasingly disturb them because it is difficult to regulate which makes them try to regulate so that they are safe and want more authority even though bitcoin cannot be fully regulated.
This is an anticipatory step that is actually quite reasonable, the government has the authority and power to regulate something but with the presence of bitcoin that they cannot regulate, they are confused to find other alternatives to make regulations so that bitcoin can be controlled.
But for people like us who want their own freedom bitcoin will be a good bridge in financial management and I still feel at this time as long as the government does not ban bitcoin (in my country) even though there are some rules that must be followed I will remain in bitcoin.
943  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: September 07, 2023, 02:26:12 PM
and regarding Mbappe, it is certain that Mbappe is much younger player who has the ambition to win the UCL title and titles in other competitions so it possible that Mbappe will still leave PSG in the following season to look for the right team that can lead him to achieve this. that he wants and I think Real Madrid. all of this is not only about money, but Mbappe really wants his name to be known as star player who has had a successful career getting a lot of titles while it was still easy so that too long at PSG without the guarantee of getting a title in another competition such as the UCL or the European league is just useless for him.
PSG still seems optimistic about being able to keep Mbappe. and I think maybe there will be other talks with players. We can never know what Mbappe wants. he made several controversial decisions with one of them not extending his contract with PSG and previously also rejected Madrid's offer.
if Mbappe wants titles I think he should leave PSG. it's not without a chance that they can get the UCL title, but this season has not been very good for them. Even last season with Messi and Neymar in the team it didn't make PSG lucky in the UCL.
PSG may have to prepare to find a replacement for the worst possibility that Mbappe will not be with them next season.
At least for now they will still be a little safe because until this season ends Mbappe will definitely be at PSG but as you said the possibility of Mbappe leaving next season could happen especially seeing some rumours that Mbappe did extend the contract on the grounds that he could leave next season (for sale) it already indicates that Mbappe is likely to leave very large.

PSG will also definitely find it difficult to maintain the same as now because if in the end their situation is the same as the last 1 season contract without any more clarity like last season then Mbappe will leave as a free agent so inevitably PSG must prepare a replacement for Mbappe from now on because the possibility of him leaving PSG next season is very large.
944  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: September 06, 2023, 09:54:26 PM
We have long list of seasoned teams which can go through into next round because these are giants in UEFA and their available sources and quality is also at the top which give them good edge for having better chances for going into next round with I have my personal list which teams are going to be had highly chances for the next round are here Barcelona, Porto, Manchester City, RB Leipzig, PSG, AC Milan, Atlético Madrid, Benfica, Inter Milan, PSV, Arsenal and Bayern Munich I am quite sure these will be in with no upsets are going to happen to them but few other teams which are good but with their current form we can expect anything from them.
Most of these teams you mentioned are capable of qualifying to the next round after group stage, but don’t you think PSG and AC Milan needs considerations?

PSG and Milan are worthy candidates to qualify, but it will depend on how they take each match. Both teams should take advantage of each home game to win, but will try their best in away games too.

In terms of experience and team strength, PSG and Milan are the most likely candidates but in this case I want to see something interesting because my big hope is to see Newcastle be able to surprise in this group phase.
Although this is indeed a dream that is too difficult for Newcastle to do but if in the end this can be proven then they will surprise if they qualify in this group phase.
The matches in group F will always be interesting every week and this is the attraction of the Champions League this season because compared to other groups, group F is much more evenly distributed and it seems that anyone can still qualify in this phase.
945  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: September 06, 2023, 09:39:46 PM
But I think Salah could be likely to join a Saudi team after the end of this season. He will have one year to go on his contract with Liverpool in the end. What do you think about this?
I think you are correct, Al Ittihad started their bid for Salah a little too late, i think if they had approached Liverpool with this ridiculous amount early on in the transfer window, they would have sold Salah and used the money to replace him with a younger attacker, but right now they cannot sell Salah because they would be unable to replace him.

I agree with what you said, if in the end they had approached when the summer transfer window opened with a 100 million bid for Salah it would have been enough to make him leave without the need to insist on bringing in a higher price and being rejected several times.
The reason is quite simple if Liverpool let Salah go at a big price then they can still look for new options even though it is risky but still possible to happen but for now it seems difficult, the EPL has closed the transfer of players and removing Salah is the same as leaving Liverpool's attack line empty and impacting on performance so it is quite natural if Liverpool think twice about this.
946  Economy / Services / Re: [CFNP] Duelbits.com | Signature Campaign ~ Full Members+ | Up to $70/Week on: September 05, 2023, 01:59:16 PM
Signature updated sir.
947  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: September 04, 2023, 04:40:29 PM
Inter won again in a very impressive manner in today's match.
Their possession was poor but their attacks were really very dangerous especially their counter-attacks in the match at Sansiro.
On the other hand Thuram and Lautaro really played very well and their duo now seems to be the best duo for 3 matches running now especially by looking at the records of the matches that have occurred they are a club that is still cleansheet and this is really very good for Inter.
They are now quite comfortably at the top of the table.

Intermilan was not focusing on the ballpossession. The club is always focusing on how to build a proper attack. The ball possession means nothing if you cannot even score a single goal. That is why intermilan was focusing on the counterattack instead of playing with the ball to get higher possession. Lautaro has been scoring two goals while thuram was one goal. I can see that if thuram is starting to discover its confidence to play with intermilan right now. Thuram will become a better striker than lukaku or even dzeko.
He needs only the time to adapt to the club. Martinez had always become the key for milan in winning the game. This guy was a complete striker.
Duo milan has been performing so crazily started from the first week. The strongest candidates to take the scudetto this season.
I think it's more accurate to say Inter prefer to wait, it doesn't mean they don't focus on possession because they also try to do that but if you look at the match Inter are not better in midfield especially in terms of teamwork so Fiorentina try to take advantage of that to create better ball possession.
But it needs to be admitted that Inter's attack in this match is very good and the proof that they can score 4 goals in this match is the result of their good momentum.

Inter won again in a very impressive manner in today's match.
Their possession was poor but their attacks were really very dangerous especially their counter-attacks in the match at Sansiro.
On the other hand Thuram and Lautaro really played very well and their duo now seems to be the best duo for 3 matches running now especially by looking at the records of the matches that have occurred they are a club that is still cleansheet and this is really very good for Inter.
They are now quite comfortably at the top of the table.

I haven't paid close attention to Seria A table for a while but with three matches, I feel lots have change as I can see that Inter and Milan are having 3/3 matches point earned while Napoli has lost two matches and won only 1/3, that's poor but who knows if this was a shake off. Perhaps the next matches we will experience changes but similarly, this was how Napoli was able to give other teams much gap last season which they couldn't reach them again until the season max out. Inter is good and if they should continue like this, they would become unmatchable by any other teams.

Osimhen hasn't gotten a goal for Napoli in Seria A this season, I fear the hype will go down and might turn to hate if that guy refused to get the team on track. They lost to Lazio they used to beat back to back, perhaps man over enjoyed the holiday and now feel to heavy to lift the leg.  Cry
Next week is likely to be a bit different because Inter and Milan will be in a prestigious derby and I think one of them will drop points. On the other hand Napoli just lost their first 3 matches this time but of course this is a little different if you look at the record of the previous 2 seasons they rarely get defeated at the beginning of the season but things like this are good because they will definitely improve again considering they want to defend the Scudetto and the competition will be better.
Osimhen is also still quite consistent so far because 3 matches have passed Osimhen has scored 3 goals for Napoli

948  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: September 03, 2023, 09:43:42 PM
Inter won again in a very impressive manner in today's match.
Their possession was poor but their attacks were really very dangerous especially their counter-attacks in the match at Sansiro.
On the other hand Thuram and Lautaro really played very well and their duo now seems to be the best duo for 3 matches running now especially by looking at the records of the matches that have occurred they are a club that is still cleansheet and this is really very good for Inter.
They are now quite comfortably at the top of the table.
949  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: September 03, 2023, 09:23:11 PM
Jude Bellingham not only quit well performance on attacking line position but also he has good contribution in defensive position, have played four matches with Real Madrid, Jude Bellingham most active on all area from attacking line until defending line and he always consistency scoring every one goals on every match. Last match, Jude Bellingham played together with Luka Modric where usually Carlo Ancelotti not giving regular position for Modric, but there are not problem fro Jude Bellingham have to play as second striker or some time he play as attacking midfielder. I think Jude Bellingham is most completed players for Real Madrid after 5 goals contributing in last 4 matches and he has brilliant performance helped defensive area.
In my opinion, Real Madrid shouldn't be too complacent with Jude Bellingham, because he certainly won't always score goals in every game, especially since his position is not as a striker or winger and Real Madrid should still need pure numbers. 9. But Perez has also not played in the closed summer transfer market, even though Dusan Vlahovic is the easiest to get.

Indeed, in four matches Jude Bellingham has always appeared consistently and always scored goals, but Real Madrid's situation is not certain. because Real Madrid always wins in difficult games. Besides that, Real Madrid doesn't have a great striker like KB9. Plus the rhythm machine Vinicius junior was injured and Rodrygo was inconsistent. Real Madrid's peak achievement is not just 3 points, but the Champions League and La Liga trophies. And there are a lot of big teams that are in consistent form.
Now that's not important in my opinion because regardless of what Perez and Ancelotti have made the choice of not bringing in any new players for Madrid so with this they have to work on how to maximize their players because currently they also have some good young players like Vini and Rodrygo. Apart from that, regarding striker problems, they will probably continue to trust Joselu as an option if young players such as Vini, Rodrygo and Jude experience deadlock.
What they have to think about is a new scheme as a backup for 2 strikers and 1 second striker because if this continues to be used, it is possible that the longer it goes on, the more gaps there will be in this scheme, so Ancelotti needs to prepare it from now so that when the 4-3-1-2 stuck they can still try with other schemes.
950  Bitcoin / Bitcoin Discussion / Re: Would Bitcoin at this Price limit its Global Adoption? on: September 03, 2023, 08:47:22 PM
Michael Saylor stated that people buy Bitcoin at the price they deserve. Just a few days ago, Adam Back made a bet on Twitter that Bitcoin would reach $100,000 by March 31st, 2024. Here's a concern I have, do you think the predicted increases in Bitcoin's price to $100,000, $200,000, $500,000, etc. will limit its global adoption? Since the price will be so high, the average person might not be able to afford a substantial amount of it. As a result, they might seek alternatives, potentially hindering global adoption. Could the excessively high price lead people to feel like they missed out, causing them to hold onto seemingly worthless fiat currency?
Isn't it in the end when the price goes up there is a condition where demand is high, meaning that when you say you can't afford to buy it is actually like something that is hard to believe when there is a lot of demand that makes the price of bitcoin higher.
On the other hand, we also know together that buying bitcoin does not mean we have to buy 1 bitcoin at a time because in this case whatever money you have if you seriously want to buy bitcoin then everything can be done regardless of profit in the end everything depends on ourselves whether we are willing or not to buy at the risk of higher prices.
Therefore, when we are already serious in bitcoin and try to keep buying at the current price then it is the right thing to do.
951  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: September 03, 2023, 06:44:03 PM
Lazio Just won at Napoli home for 2-1 plus 2 disallowed goals for offside.

Quite an interesting match where Lazio can finally get their first 3 points this season and Napoli began to taste defeat at the beginning of the season after the previous 2 seasons for the beginning of the season Napoli was very difficult to lose Cheesy
Napoli played very well in this match only they failed to provide opportunities on target because Lazio defended very well in this match.
Lazio's defense was quite tight which made it difficult for Napoli to penetrate the penalty box from Lazio and several attempts outside the penalty box did not go well.
This 1-2 score is enough to make me lose my bet.
Now that was an unexpected result! Napoli, the Serie A leader lose vs Lazio which failed to win against Lecce and Genoa! I wonder know how many other people lost their bets in such way..
There wasn't any other surprises in the other games played today with Atalanta winning good vs Monza, Bologna winning too vs Cagliari and the draw between Udinese and Frosinone. Well maybe in this match I thought Udinese could make it
Yeb, I also feel that there will be many people who lose this bet because sometimes results like this are not really expected but still possible. This is football, where when you're so confident in your bet, it can backfire because the game lasts 90 minutes.
Overall, there was nothing wrong with Napoli's game as they did well in terms of dominance, but Lazio also defended very well in this match and we need to give them credit as their defence made it difficult for Napoli's players to attack. Osimhen was also unable to move freely in this match as Casale literally tailed Osimhen when he was in the Penalty box.

Lazio Just won at Napoli home for 2-1 plus 2 disallowed goals for offside.

Quite an interesting match where Lazio can finally get their first 3 points this season and Napoli began to taste defeat at the beginning of the season after the previous 2 seasons for the beginning of the season Napoli was very difficult to lose Cheesy
Napoli played very well in this match only they failed to provide opportunities on target because Lazio defended very well in this match.
Lazio's defense was quite tight which made it difficult for Napoli to penetrate the penalty box from Lazio and several attempts outside the penalty box did not go well.
This 1-2 score is enough to make me lose my bet.
Too bad Rudi Garcia got his first defeat at home against Lazio they really tried to turn the game around but couldn't convert the chances they had and allowed Lazio to convert  2 of the 5 shots they had this game would mess up alot of people bet because many expected Napoli to win comfortably at home and I'm glad I didn't bet on the game, Oshimen could not deliver his team today making them to drop point and giving Acmilan chance to top the table until after the International break.
 Acmilan are currently toping with 9 points and have won all their 3 games which makes them one of the top contenders and a threat to Napoli winning the league well they still have other contender like their rivals Intermilan that would be playing Fiorentina at home, the match would be a tough on but if Inter manages to win with a fine goal margin then they'll top the league
Problems for Napoli were again seen in terms of gaps when they tried to go all out in this match.
Lazio's counter-attacks were really good and fortunately there were 2 goals that were indeed VAR'd by Lazio because otherwise it would have been a massacre for Napoli where they still had many gaps when doing so.
This is a good lesson for Rudi Garcia because in this match they know there are some gaps that they must fix so that Napoli can compete for the Scudetto again.
952  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: September 02, 2023, 09:26:08 PM
Lazio Just won at Napoli home for 2-1 plus 2 disallowed goals for offside.

Quite an interesting match where Lazio can finally get their first 3 points this season and Napoli began to taste defeat at the beginning of the season after the previous 2 seasons for the beginning of the season Napoli was very difficult to lose Cheesy
Napoli played very well in this match only they failed to provide opportunities on target because Lazio defended very well in this match.
Lazio's defense was quite tight which made it difficult for Napoli to penetrate the penalty box from Lazio and several attempts outside the penalty box did not go well.
This 1-2 score is enough to make me lose my bet.
953  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: September 02, 2023, 09:01:54 PM
I believe there are many people that predicted that Nottingham Forest will win Chelsea.
If you have watched Nottingham Forest from the beginning of this season, are you will know that they have improved their squad and pattern of play and in the other hand Chelsea is still struggling to find their way forward amidst their new coach and so many new players. A very good sports bet analyst and a risk-taker will predict that Nottingham Forest will win Chelsea and I am sure that some persons must have done that.
Football is all about teamwork and team bonding. If your team does not bond, individual players will do nothing even with following the coach's instructions.

Nothingham Forest really was lucky, they didn't get the better of the game though but games like this when you don't score early enough against tough sides, you find it problematic to make things better.
Despite Forest threatening first half, The blues dis had a good game. Raheem Sterling was the best player during the first half for blues cutting through the the right wing but didn't get a good goal chance to slot one at the back of the net.

Not a bad game for Chelsea, Palmer should have been paired with Caicedo and Enzo Fernandez, Gallagher runs to and fro on the pitch and adds nothing to the club. He shouldn't have stayed for another season, a loan move should develop him in the right direction for the club, if not he should be sold off completely.

Elanga though got to score but should be unselfish and learn to play as a team. Last week they should have won Manchester United, this week they didn't do better but showed class against Chelsea.
Chelsea players will blend but time is something that it'll sure take them.
I think rather than saying Nottingham were lucky it would be better to say Chelsea still can't be consistent.
Even if in the previous week they were really good and got 3 points with a striking score but in today's match they still have the same problem with the difficulty of finishing for them.
Nottingham did something good by capitalising on the momentum of Chelsea's lack of focus at the start of the second half which allowed Elanga to easily create the winning goal there.

On the other hand, Chelsea's finishing was very poor in this match, they played with full control and they created a lot of opportunities but if you look at the statistics of this match, 21 shots taken by Chelsea are not comparable to their 2 on target so in this case they still have to improve themselves to be better because if it continues like this it will be very natural if there are still a lot of people who still doubt them even though they have won in the previous match,
954  Economy / Speculation / Re: Buy the DIP, and HODL! on: September 02, 2023, 08:09:06 PM
"trading btc has been proven to be a losing strategy over the long run" and we have seen many people who were eventually ruined by trading and liquidated so in this case it is important if you really want to be a good investor then adopting the
I am a good example of those who have had terrible experience day trading Bitcoin. One single bad trading day can wipe out  three months of consistent profits. Assuming I started applying DCA to accumulate Bitcoin the time I started day-trading it, I know how many Bitcoin would have been in my wallet by now.

I will never advice anyone, irrespective of the supposed level of experience, to day-trade Bitcoin. It does not always end badly.
Actually in this case I don't suggest or consider that trading is also a mistake because those who do it have their own thoughts and their own strategies to collect bitcoins regardless of others doing DCA or trading I think it's their right but when talking about investment then one of the best strategies is DCA. and when we want to be a good investor for the long term trading is too difficult to do because as you said a profit for a few days/weeks or months can just become a loss in one day when trading is bad so traders do have bitcoins but they are not investors for me because they have their own role which is as traders.
Unlike the DCA which is indeed one of the very good bitcoin buying strategies for today because this is a way of collecting bitcoins without having to worry about the bitcoins that we collect experiencing losses if we don't sell that.
955  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: September 01, 2023, 09:55:16 PM
Last season they were also like that but Milan's problem that still cannot be overcome is that they are sometimes unable to provide good consistency in the middle of the season.
3 weeks passed with 3 wins and goal productivity is very good for Milan at the moment but it will feel useless if in the end they make the same mistakes as last season.
They have to try better now because this is a momentum that is actually very good for Milan at the beginning of the season.
Hopefully the same mistake of losing momentum in the middle of the season doesn't happen again for them.
Right now Milan just have to focus on their performance and I agree with what you said because Milan still have consistency problems in the middle of the season but actually things like this don't only happen to Milan because looking at last season, only Napoli I was not too affected by consistency problems, the rest they remained the same as before.
Currently Milan must try to be stronger so that they can return to compete in the race for the Scudetto that Napoli took last season.
On the other hand, I still feel that this time the club in Serie A will be more stretched because not only Milan will try to rise but some big clubs like Inter or Juventus will also still do the same.
956  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: September 01, 2023, 09:42:17 PM
Ansu Fati was really shown like Barcelona's new Messi indeed. However things haven't gone that way so far. First of all it isn't that easy to become a legend like Messi. You all must be remembering Messi's performance at quite young ages there. It was already like a signal to the future of his career. If you want to become a legend you should start working hard as early as possible. Fati couldn't meet such expectations but maybe he might be a useful player for Brighton from now on.

By the way Dembele and Fati have left Barcelona in the same transfer window. Don't Barcelona officials think of signing a left or right winger? As far as I have heard Joao Felix is coming soon so maybe he can also be an alternative as it is hard for him to take Lewandowski's place.
For now, I haven't seen too much of that. Ansu's start was very good but considering the time Xavi is getting now it's very little for Ansu and we can see that he rarely starts as he's mostly on the bench.
Competition for young players at Barcelona is so strong because there are so many talents who have good progress, now Ansu must be able to prove himself that he can be better because it can make him in the core squad which is still very rare to see him in that position.
On the other hand, his hopes may currently fall on Lamine Yamal because he has been trusted in several matches as a core player even though he is still very young but his progress is quite promising.
957  Bitcoin / Bitcoin Discussion / Re: Countries where Bitcoin is “banned” on: September 01, 2023, 09:23:59 PM
I still feel that this is not a big problem because it has always been there from the beginning and even though there are effects produced, the influence of bitcoin is still very much felt and its users are growing until now.
I will not talk about other countries in this case but I will talk about my country Indonesia.
Indeed, for now bitcoin is still prohibited as a legal means of payment but until now the spread of bitcoin in my country has actually continued to increase and even the government is quite welcoming actually it's just that for payment tools it is not allowed.
But I don't think it's a big problem because as long as there are no harmful regulations then I don't mind if the legal means of payment for bitcoin is not enforced in my country.
On the other hand, why do I say the government is quite welcome to the existence of bitcoin, this is evidenced when one of our governors some time ago attended and became a speaker at the bitcoin conference 2023 (in Miami) and said that they would endeavour to provide mining facilities by looking at their resources and I think that is one form of my country's support for bitcoin.
958  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: September 01, 2023, 09:06:33 PM
Rough first half for both clubs but i think that Luton could have scored at least one goal from the corner. They were so close a couple of times but just wouldnt go into the net.
Luton finally scored a goal in the premier league after waiting for more than 20years to celebrate scoring in the premier league. They celebrated the goal even though the goal did not mean that they will win the game or even draw the game, they were just excited to score. Mads Andersen's name will go down in the history as the person who scored that goal. West Ham was always expected to win the game, so it is no surprise. They have been unbeaten this season and it is a very good start to the premier league and something for them to celebrate too. They are top on the premier league table with this victory.
Whilst it's great that Luton managed to keep the score down, I didn't like Luton's goal in the 90+2nd minute.
I had high hopes when I bet 0-2 on West ham and those hopes were dashed when Luton's stoppage time goal reduced the deficit, making my bet worthless.
It's unfortunate, but it was a deserved goal because they worked hard in this game too. Even if their late goal couldn't bring them a point but at least seeing how hard they attacked was worthy of appreciation.
959  Economy / Speculation / Re: Buy the DIP, and HODL! on: September 01, 2023, 04:00:46 PM
In a recent news I saw the exact procedure of DCA.

QUESTION: "Oliver, why don't you trade #Bitcoin   ?"

ANSWER: "Well, trading #BTC    has been proven to be a losing strategy over the long run. Do you know why? Because 80% of all BTC's gains happen over only 13 days per year.

If you miss just one or two of these days, you're finished as far as being able to beat a simple weekly DCA (dollar-cost-average) buy and hold plan throughout BTC's full four year cycle.

Additionally, once you add the cost of taxes in the form of short-term capital gains, trading fees, and slippage, you've further eroded the possibility of beating a simple DCA buy and hold plan.

I've been a trader for 43 years, 37 of which as a professional. I've done the numbers on this every which way but loose, and I'm telling you this:

I will beat you as a trader with ease every single cycle while puffing on Cuban cigars and sipping on the finest wines of Spain and sleeping like a freshly bathed baby every single night with my DCA buy and hold plan.

I don't trade #Bitcoin because I want to win, not lose. Got it?"

Shout out to Spain 🇪🇸.  I love you!"

THE END
#HODL

Source link

His reply was equally interesting when he saw this tweet


Source

But on the other hand I do agree with what was said because at the end of the day DCA is a bigger winner than trading because as discussed earlier in the tweet "trading btc has been proven to be a losing strategy over the long run" and we have seen many people who were eventually ruined by trading and liquidated so in this case it is important if you really want to be a good investor then adopting the DCA strategy is not the wrong thing.
On the other hand, our discussion from so many pages is not wasted because this is in line with what we will plan and think about in the bitcoin collection scheme as investors.

960  Economy / Gambling discussion / Re: Has your Responsible Gambling had any of these Effects on You? on: August 31, 2023, 09:50:40 PM
This is not a case of being addicted to gambling. There are people who are actually in control of their gambling habits or addiction. For instance, they do not gamble beyond their budget; they commit an hour or two to gambling per week or twice per week and strictly adhere to it, among all other things. We have heard and read stories here and out there about how gambling ruins lives, careers, relationships, throws people into debt and more. But my question is, could this be happening to everybody? Has your responsible gambling habit had any positive effects on your relationships with your spouse, kids, parents, and others? Has it improved your finances and helped you stay out of debt? Has it improved your mental health and well being in anyway? Has it been able to help you meet an urgent need? Let's discuss.
Even though gambling is done responsibly, there will definitely be impacts, but it can be minimized because by realizing that expenses do not interfere with gambling, I think we can also minimize the risk by maintaining our relationships with those closest to us.
Because what I have felt in this case is that when we are unable to manage spending money on gambling, our financial condition becomes hampered, which makes me often argue with the people closest to me, in this case my wife, and of course this will trigger a rift in the relationship.
So by looking at this condition, as long as we don't disturb our finances for other needs with the gambling activities we do, I think the impact is still there, but it's not as big as those who are not disciplined in gambling.
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