A trader can never be sure so there are various risks and losses in his business. So a businessman starts business with skill and risk taking attitude. Investing in such cryptos where patience, money, risk are all present. Many people in the trader's world are involved in profit and loss. Moreover investment is not a difficult source because here you will get profit if you buy the right token. But to gain profit from trading requires a lot of practice.
Risk and business both have a great relationship with each other. It is said that All financial activities are risky and among those risky activities, trading is even more risky. The investor must continue to invest after assuming all those risks. I'm not entirely clear on what the OP is focusing on but want to clarify what kind of investor I am. When I got into cryptocurrencies I was determined to hold there but holdings are usually long term. I have tried trading occasionally and currently I hold bitcoin as well as trading with some altcoins. I consider myself both holder and trader. |
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Gambling is becoming a popular thing in my locality almost everyone gamble and even colleagues gamble and engage in gambling related discussions at work, so gambling is legal and very popular so there is no Shame in using part of a salary to gamble with that is why I am asking the question of what the right percentage from my salary that I should use to gamble?
You can use your entire salary to gamble and nobody is going to question you about it. You are have the right to make the right decision for yourself. There is no standard percentage for gamble from your salary, your responsibilities, things you spend your money on will determine how much money you should spend on gambling. Well you have a point when it comes to your "rights" but some people here are suggesting estimated percentages because OP is asking us what is the ideal amount to use. If you're a kind of a wise person, you will eventually think that using all of your salary is not a good advice because there's a lot of things may happen in just a snap and in just one wrong move in your bets so it's really up to a person how risk taker and decision maker they are. That's true going all in into gambling with one salary ain't advisable at all , to me that's is a sign of one not having self-control and also sign of being addicted to gambling. Because gambling is all about winning or Losing, and most time the chances of losing is way higher than winning, so there's high chances of losing all that salary once. So is way better to use some certain percentage of your salary than using all . And always use the kinda percentage you can afford to lose . A gambler must spend a minimum portion of income on gambling. Because he has to bear the cost of the whole month with the money he gets on monthly basis. He may also have to spend money on of his family members who suffer from illness at any time. There are some gamblers who ignore these things. When they gamble they spend a large portion of their monthly salary on bets. There are even some who manage to gamble with the entire month's expenses. They value their present moment but when they lose they realize about the mistakes. Gambling can be enjoyable if conducted within a limit but if it goes beyond the limits it will be a cause of disaster. |
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Chances that even you are just playing to have some fun and your are not always playing can be shared as you are already addicted, things like that will easily bring interest and you'll be misjudge by some of your close relatives and friends just because someone shared your gambling participation.
We do not have to be ashamed of your gambling participation if we are not misusing the gambling privileges. A gambler that is gambling well and making money that he can always help his friends when they are in financial problems would not be judged that he is a gambler because people will still want to stay close to them as they can benefit in from their good heart. The society hate gambling addicts and not everyone that is gambling. If you keep hiding your gambling participation, you will be looking like a gambling addict in the eyes of everybody that is looking at you. If we want people to stop judging gambling participants as useless people we have to educate them to not see gambling as a bad thing but a fun activity that everybody can participate in but only have to be careful of the way we do it because it can get out of hand sometimes. Even if a gambler gambles well, there is no guarantee that he will win at gambling. But if he can manage responsible gambling then he can definitely do better at gambling. Gamblers are the people, they have emotions, there is no way to chance to see them differently. Rather, it is not their fault that they want to see themselves in a better position. It has become a human habit that we congratulate a person when he wins a gambling jackpot but scold him when he loses. Everyone should get rid of the idea that gambling is bad. I can say with certainty that it will be so easy for gamblers to help others but that would be very difficult for the ordinary people. |
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It might be a pleasure if anyone know the bad effects of gambling before gambling. But when the people will loss the fund on gambling whether the person know the bad effects of gambling or not they gambler will be affected and suffered a lot.
Apart from being fun, it will also have a good impact, namely reducing the number of gamblers who will enter. If someone already knows and understands very well about the bad impacts that often occur from other gamblers, then the lay person will probably think twice about whether he still wants to enter or he just wants enough. Just know about the activities of other gamblers and just watch When a person gambles and loses cash, other gamblers may stop gambling after seeing it. However, when a gambler slowly becomes addicted to gambling, even if another gambler loses a large amount of money by gambling, the other gamblers do not learn from his condition, but they continue to gamble constantly. At one point in time they become so addicted to gambling that they cannot come out of the game even if they want to. A lesson should be learned from the individual as a consequence of gambling so that such a situation does not happen to anyone else. Concluding your opinion above, it is possible that if a novice gambler sees directly the losses that other gamblers often experience, he will tend to think it would be best to just stop because he anticipates that he will also lose at that time. However, for gamblers who are addicted, even though they have seen firsthand the losses of other gamblers, it is not certain that they will immediately stop because the influence of this addiction makes a gambler blind to the high risks involved in gambling activities. This may be the case for addiction and there are many who feel that luck does not work equally for everyone. They think that if they take part in the bet then he will not lose like the others. Moreover, many people are keen on sports betting nowadays. There is no reason to lose, they rather think there is a possibility to gain. Many sports bettors think that if they bet according to their research and ignorance, they will win there. But in the case of addicts, the more they lose, the more their interest will increase. Because they will try to recover their lost money. And the more he tries to do this, the more his loss will be, and he will try to engage in gambling at any cost so that he can recover all his losses at some point. |
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I don't think anyone will be overwhelmed if that person has made a profit through his own investment using any method, especially if what he invested was Bitcoin. Because in terms of investment, it is necessary to reduce the level of consistency so that every investor can be more willing to buy in any condition without worrying about anything if the goal itself is for the long term. I am quite sure that currently there are many investors who like Bitcoin because they have seen evidence that Bitcoin is a very good investment asset so it should not be sold carelessly in unfavorable conditions when we already have it. But there are also those who do this and maybe they don't realize that Bitcoin is the best at the moment.
My assumption, which makes them do it sometimes can't stand to see cheap prices in other coins and usually it's not an old player. I personally better be patient for a while waiting for further market action and it also happens to be today in many places for example in my country in the moment of holidays so naturally there is a small part may sell some for vacation purposes. perhaps. Yes. true. there is no doubt that BTC is the best investment at the moment and the most in demand. It seems you guys tend to get it wrong about your opinion, Why will an investor reduce the level of consistency in their bitcoin investment when bitcoin is beneficial, bringing gains and having future potentials. Bitcoin is always open for any one who understands it and willing to invest why will someone say investors should reduce their consistency level in bitcoin investment. In bitcoin investment being patient and waiting for price to drop or market to dip is waste of time because the price might not come to what suits your desired price. Being patient and waiting for the price to drop is not the best strategy in Bitcoin investment. It's better to acquire Bitcoin through the Dollar Cost Averaging (DCA) strategy. This approach allows you to gradually invest in Bitcoin over time without waiting for a specific price dip. It helps spread out your investment and reduces the impact of market volatility. DCA is a smart way to enter the market steadily without trying to time the market. There are many instances of people who tried to buy from the bitcoin dip but instead dip, the price rose to such a point that they lost their ability to buy and those individuals still regret not being able to invest. Bitcoin is an asset that cannot be compared to any other crypto. Whether poor or rich financial condition is good or bad everyone should take a good decision from his position. If anyone with low or high income continues to accumulate bitcoins by doing DCA then they will definitely be able to reach their goal. There are many investors who ignore DCA but how much DCA can help an investor in the long term is easily estimated during bullish periods. |
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You just need to think more broadly and not limit yourself to gambling. I feel sorry for those who have only one such hobby, because life is interesting and you need to try yourself in other areas. I'm sure many gamblers have excellent potential to realize themselves, but they don't yet know where exactly. They need to make an effort and find themselves, otherwise no one will do it for them.
No, we must limits ourselves in gambling, especially for people who wants to use gambling as hobby. They don't knows that can gives risks for them if they treat gambling as a hobby. Playing gambling needs money and not all of the time we can manage our self control when playing gambling because we are weak with the temptation. There will be a time for us to lose ourselves controls and that can be the reason why we playing gambling longer than usual. If we use gambling as a hobby, that means we needs more money to fills our wants to playing gambling and we must thinks about the risks of losing the money in gambling. We can lose more and more money in gambling even we don't realizes that we already lose that much money. Before it's late to realizes, we must limits ourselves playing gambling so we must do prevention that will helps us to stay away from problem. This venue is too risky even you treat it as source of entertainment as the chance that you may fall into addiction if you don't limit yourself, most of the time, it's start with a simple enjoyment and eventually you'll find yourself getting deeply engage and unable to control your emotions. The more you play the longer you stay and the chance of losing a lot, there's always a proper way of treating your gambling activities just be open and accept the fact that if you don't control yourself then you'll regret after. When you strategize yourself very well in gambling I don't think that you will be participating in gambling almost every time because the more you are participating in gambling most often do you have the chance of losing and also have the chance of winning this is what is involved for someone who take gambling as one of the major things so I know quite well, that gambling is something that has to do with things of risk and if you don't take normal dimensions to partake in gambling I think you will end up of having a continuous losing in gambling, I think basically you have to understand the procedures of gambling. Gambling has no limits. The more you gamble the more you lose although there is also a chance of winning. We can say from a simple assumption that the more gambling addicts, he will also loss more. And if a gambler can bear his loss then he can continue his gambling and if he does not have that ability then he has to lose. The gambler can decide for himself what he will do. I think a gambler needs to take a break from gambling when he loses. This will remove the gambler's bias and will be able to manage the gambling in a better way. |
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The performance of England Women's team is really very tactical, which is why England Women's team has performed very well in ODI matches, maintaining the consistency of defeating Pakistan Women's T20I series very badly. It's really disappointing to see Pakistan women team play because every match they are losing badly against England women team they must get out of their bones who batting Pakistan women team should pay attention to the way they perform in batting like this if they keep playing their team will be very good in future. Can't improve. In the first ODI also England lost against the heroes so if Pakistan women team wants to win against England in the second ODI they have to bat and bowl responsibly otherwise they can never win the match against England team.
England Women team plays very smartly which is why they have done so well in ODI matches. They have been beating Pakistan Women team very badly in the T20I series. It's sad to watch Pakistan Women team play because they lose every match against England Women team. Pakistan Women team needs to change the way they bat if they want to improve. So today is second ODI Match between them. If Pakistan Women team wants to win against England in second ODI they need to bat and bowl carefully. If they do not they will never be able to beat England. Since the T20 World Cup, there has been no improvement in the performance of the Pakistan team. They are losing. Small or big team no one is the easy opponent for them. Pakistan used to have a reputation in the whole world but due to its performance it is slowly losing its appreciation. The team seems to lack that potential. They started their journey with a loss in the 2nd T20 match against the England team. The next World Cup is not far away. If they cannot improve their performance from now then Pakistan will not be able to progress much in T20 World Cup. Pakistan is a giant team but the performance has deteriorated drastically. I certainly hope this team improves quickly. When a good team in cricket loses its strength, it is painful for cricket fans too. |
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Final match of this season's Indian Premier League will be played at Chennai on 26th May. Kolkata Knight Riders will be the overwhelming favorites to lift the trophy this time. But then, if the opening duo of Abhishek Sharma and Travis Head comes back to form, then Sunrisers Hyderabad has a chance. Thangarasu Natarajan has been in great form recently with the ball for SRH, and with Bhuvneshwar Kumar and Pat Cummins to support, they no longer look very weak as far as bowling is concerned.
Sunrisers Hyderabad should be listed as the farthest score and best team of the ipl season this year. But KKR will try to attack the final with strong bowlers on the bowling side. Besides two teams have equal win probability in the basic category, so you can enjoy the game. On the other hand Sunrisers Hyderabad batting side can see strong tanda so always try to bowl well and bat well during powerplay time. Among SH strong batsmen Head, Klaasen, Tripathi, Cummins are the best. So for kkr to win they have to follow them and strengthen the bowling side. KKR had consistent performance throughout the tournament. On the other hand, Hyderabad performed well in the beginning and then again they deteriorated slightly. But the final match is completely different. One can never imagine what will happen in the end. Both the teams have quite strong bowlers and neither one is less in terms of batting. In this situation it is very difficult to predict who will be ahead in the match. But I think whoever has more expectations will lose the match. But everyone's confidence is a bit high on Kolkata. They have also won the IPL trophy several times. As they have a consistent performing squad I think they will be slightly ahead. |
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You may hide your behavior and even turn to theft or fraud to support your addiction. So with my conclusion and my observation towards this gambling is really cousin harm to the life of those ones who are addicted to it most their families.
Secondly what are the social problem caused by gambling?
(1) Depression and suicide
(2) bankruptcy, family-break up
(3) domestic abuse
(4) assault, fraud
(5) theft, and even homeless
Gambling is never viewed favorably in society. Moreover, if someone is asked about the benefits of gambling, he will not find it, but when he is asked to find out the negative aspects, he will easily point out those points. We know the consequences of gambling addiction are bad. But in spite of knowing the fact few people conduct gambling aggressively there and at some point they become poison in the eyes of the society. I'm gambling myself, setting my limits is my own responsibility, but I can't blame anyone else for my mistakes. I have to bear the responsibility of losing my money beyond what I am willing to lose on the gambling platform. |
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Well to me, I don’t see any good thing on taking a loan just because of gambling you can actually use some parts of your money. Yes, it is a nice thing to target, big money and recover what you have lost but I don’t feel like it’s advisable to use loan on it because we don’t trust gambling we can end of losing and losing even when you think you’re not lose you will definitely lose, well is for us to take advice and get experience from what has happened to you and so many things like this. Also happened to me, but I have stopped taking some kind of risk
A loan can be taken for a good business or purchase of a fixed asset, but taking a loan in gambling means inviting one's own disaster. In gambling a gambler should use such amount of money that losing the amount will not change the financial condition of the gambler. When gamblers become more addicted they try to loan money to use in gambling. It should be remembered that debt makes a person more indebted. Although there are many who are able to pay off their debt quickly after taking out a loan, not everyone is equally lucky. |
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Many gamblers still fall for that, taking gambling as means to earn quick big money without minding to accept the obvious fact about gambling which is fun and nothing else, most of them that have experienced some bad outcome from gambling all dis so because of the false belief that gambling can be taken as a short caught to gaining wealth.
That is the reason why most gambling addicts are as a result of greed and misplaced judgment about gambling and how to handle it outcomes.
Best to stay away from gambling if you know you have problems with just gambling for fun and also ready to lose all that you gamble with, and still be ok because at that point you will be a balance gambler regardless of what the outcome of the games could become.
That's why people should not thinks to makes money from gambling as they will only gets more lose. Even if they feels confident with their picks, they don't have to be serious in gambling because the outcomes can't always the same as what they wants. Many times the outcomes changes in the end of the match so they must realizes that they only use gambling to have fun. We can still analyze the match but we must realizes our chance will still 50/50 because it's gambling where no certain results for us. If you can use gambling for fun, you will not thinks much about playing gambling because you always aware that gambling is not a place for makes money. You will only use some money to playing gambling moderately because you wants to avoids many problems that can occurs in gambling. No matter how good a gambler's analysis is, if he cannot win, he will not consider his analysis correct. But in reality even if the analysis is correct, he could not win because he had no luck. Gambling may or may not win but don't depend too much on it. When it is not taken seriously, losing there will have no effect. We should remember that we will never have a guaranteed win in gambling. In my gambling career I was not sure about certain bets but was confident and managed to win about 60-70 percent of those bets. But i cannot be confident in all bets. |
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Someone with such business that worth 127M what is he looking for from gamble, because I would not say that he is gambling for fun due to the amount of money he stakes and the length of hours he spends gambling in a casino. Addiction is bad for all, especially the wealthy ones, as they will loss everything and remain a puppa.
Addiction is like a plague and that is what every gambler should put in mind that gambling is a game that you must lose, no matter how much money you have or you use to gamble, and no matter how long you spend in the casino, it doesn't change anything and this is why we need to gamble responsible by using only the amount that we can let go after having fun with our bets. Gamble with caution to avoid getting wrecked due to addiction.
Addiction to gambling spells disaster for any type of gambler. But more disasters are brought by those who expect more from gambling. It is not difficult to imagine how deadly the gambling addiction is for a person who knows how to bet with 127 million. Gamblers who only care about winning don't know how bad their situation can be if they lose. They do not follow any rules of gambling. Gamblers are advised not to think of gambling as a money-making scheme, but those gamblers ignore it. Although many people own huge amounts of money by such aggressive betting, at some point the gambler will lose all his money. If the wealth built up after years of hard work and is lost in a moment then not everyone has the fortitude to bear it. |
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Hey mates, how are y'all doing this good Friday? For memecoin enthusiasts, I just discovered this memecoin with the narrative of 'No more torture for holders' on the BNB chain called $HODL. Pretty good concept if you ask me. I also noticed the devs are the founders of Arbdoge, if you remember this meme from around 2023. So they may know what their doing lol.
As someone who's into memecoins, I think I'll keep an eye on this. Solid narrative, good community support, and CEX exposure too. Wanna ask though, what's that meme narrative that's got you intrigued?
All of us here have different perspectives in determining things that have opportunities and have the potential to increase in the future. so in my opinion not everyone likes memecoin and some of them are memecoin haters because they think hypecoin will cheat in the end. and I'm one of those people who wants to take the opportunity to go to the moon with memecoin. There is no denying that meme coin has taken some investors to the moon but there are many meme coins where investing is not go to the moon but they have gone underground as well. When the hype of meme coins goes, many people invest in the hope of high profits and many people buy from the deep without real observing the project. At some point when those coins cease to exist in the market, the investor gets frustrated with it. I like meme coins but am not willing to invest in coins that have not created value. There are some coins that pumped up a bit during the hype but then suddenly bottomed out after the hype. So one should never invest by being overly greedy in terms of investment. |
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There's a lot of talk about BTCBitcoin potentially reaching 100,000 USD in the next year. What do you think? Can BTC hit 100k in 2024?  Looking forward to your thoughts. With each halving, the price of Bitcoin increases exponentially. As such, the price of Bitcoin will increase this year as well. But at other times there was no Bitcoin ETF but with this halving Bitcoin ETF has been added. Moreover, there has been a lot of investment in the market. In addition to institutional investment, there has been a significant increase in the number of general investors. If this trend of investment continues then we will definitely be able to see a big change in the price of Bitcoin. I can imagine Bitcoin going up to 100K to 150K in Bull run. However, it may take some time to reach 100K from the current position, but there is a high possibility of it happening within this year. |
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This is why it is not good to be waiting and piling up your funds in fiat when you already have an additional income which you can use to invest in bitcoin without a problem and hodli for long. It is never risky because you started earlier than waiting, and you are on a long term bitcoin journey using DCA strategy which will reduce the risk in bitcoin investment due to its volatile nature. You should also note that the price that you are buying today, might not be the price you will next next year because bitcoin price increases overtime, and this is why the investors who bought early are in great profit. The cheaper the price the easier for you to accumulate more bitcoin, and the higher the price of bitcoin the harder it becomes to accumulate more bitcoin. Don't wait in poverty instead of fighting your way out of poverty with investing in bitcoin immediately you have the money
Waiting and piling up the cash in fiat before you buy is totally the wrong approach if you ask me because Bitcoin isn't a stable coins and you can't expect the price to sit around and wait for you to gather all the money first before you now use when you are satisfied with the money for investment. The right thing to do is simply to keep striving to accumulate just like you have stated with the little earning so that you can meet up with atleast the lower price because you can't tell when the price might go up or even down. I think it is right to have have a stable income before investing in bitcoin since it will reduce the panic and fear of the investor but anyone who is investing with a little earning will only be hoping to get a quick profit which may never happen easily unless the price increased tremendously after investing so I think saving enough money and having a good and stable income should be considered by anyone before holding bitcoin. Even if you don't have a fixed income in Bitcoin investment, you can continue investing in this platform. Because the DCA strategy will show you the way to hold Bitcoin according to your income even a low income person can deposit a small amount of their income in Bitcoin. However, in general those who can regularly hold higher amounts are likely to receive higher rewards. Holding an investment in a stable coin has no chance of getting more than just the deposit in the future but when one holds one's wealth in Bitcoin it may not pay well in the short term but it will definitely turn into an asset in the long term. |
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We can lost a bet through our greediness all in the name of increasing the chances for winning bigger amount, in gambling, the higher the risk the higher the winning amount because the odds do increases along side, maybe if we would have settled in for winning small amount and having this continuously or occasionally would be more of advantage to us than aiming big ad having no single opportunity for winning at the end.
That's why many gamblers are being greedy because of the phrase "higher risk means higher reward" although this is true but the thing is this phrase is what I hate to be with gambling because even though the rewards or winning amount can be tempted the thing about gambling is that you should always assume the you will lose, because that's how gambling is, its more like you are going to lose than to win, that's why you should always take the calculated risk so that even if you will lose the effect will not be too much, based on OP's situation he already has the winning amount that is enough but out of greedy just because he wants more then the damage becomes too greater, as he said it will be a lesson but for sure he will do it again, and again will say that it will be a lesson, many gamblers are gaslighting there selves saying about it will be a lesson but the truth is they will repeat it again and again. Higher risk comes with great higher rewards is such a tempting call for us to bet higher amount, Many people have proven that when you risk a large amount, there is a chance that you will win a lot but there is no guarantee that you will win, again, when it comes to gambling, it is always 50/50, either you win or you lose, there are only two as for the outcome you will receive there, you should assess it carefully before you decide on the move that you will make. you also need to look at your current situation, can you afford to risk such a large amount? do you have any left? Do you still have excess in your bank roll? or maybe you will use all your savings just for gambling? think carefully because once the decision you followed is wrong, you will have a hard time getting back the money you lost. Of course, if you take more risk in gambling, the winning amount will be much higher but there will be no certainty of winning. If you are lucky you will win and if you are not you will lose. Some people take more risk to win more but in reality they lose the ability to bet. Here a gambler has to control his level. Gambling comes down when a gambler craves extra winnings. A gambler should reassess his financial situation before placing every bet. If he loses, what he will do or how to conduct his activities should be planned in advance. A downfall occurs when a gambler conducts his gambling activities beyond his means. |
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I used to hear people say that most of the matches are being fixed by the football body such that they make sure that the matches play according to how they fixed them to play and the reason why the VAR was introduced was even to help in actualizing the match fixing. How true is this because what will be the benefit of fixing match without any benefits or do the football body do some secret gambling and makes sure it goes in their favour? Even some players are sometimes suspected to have been part of a match fixing just like in the match between Tottenham and Manchester city when Son Heung-min was one on one with Manchester City's goal keeper Ederson but he played the ball directly to the goal keeper and after the match, Pep Guardiola went to shake him and people were wondering if the match was fixed to favour Manchester city. So let's deliberate on this
Match fixing is now a very common thing in sports but there is no evidence of match-fixing, nor is there any official discussion about it. But match-fixing is gradually becoming a part of the game. Many assume that the amount of money spent on the players cannot be raised through simple advertising or ticket sales. Currently, various clubs have agreements with various betting platforms. Even the result of the match is determined in advance. Nowadays bettors manage their bets by realizing these factors. Match fixing can never be prevented. Now only those who have luck will win there. I believe match-fixing will always be in sports, even not only Premier Leagues , international matches will not be out of its area. But not all matches will be fixed. |
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Bitcoin will remain a leader in any respect. In terms of market capacity, it may be displaced in the future. In terms of fees, there are cheaper blockchains. In terms of privacy or development, there are better projects, but in the end, Bitcoin remains Bitcoin, and with all the problems of scalability, there is still betting on it, which will gain it demand that will make it. Among them are among the best cryptocurrency options.
That's the only problem that I believe will occur in the future for bitcoin because of its high fee when there is congestion making many of its users changing to other altcoins for this matter but aside from that as the security is concern? people will continue supporting bitcoin an so this will stay many years from now specially as the last sets of bitcoin is yet be mined? It will take more than 100 years from now for bitcoin mining to end. However, even if the mining ends, the miners will not withdraw from the mining because the transaction fees will be enough to fill their profit space. This means that in the near future we may be a bit concerned about Bitcoin transaction fees or congestion, but no blockchain can offer the same security as Bitcoin, which is why people looking for a decentralized platform to keep their assets safe are more likely to use any blockchain other than Bitcoin. Although the fees will be high, they will still use Bitcoin. At that time the number of investors will certainly increase and some investors may be diverted. I think Bitcoin will be in the leading position in this space for as long as there is crypto space exist. |
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The reality people who buy Bitcoin at the dip and sell during bullish is better than DCA and holding.
From the past 4 years, if someone can buy and sell at the right time, they can at least earn 12x since the price on 2020 was $5K and now it's $70K. If they're DCA-ing Bitcoin from 2020, they're only earn 2x-3x.
Trader is better than investor, everyone can become investor, but not everyone can become trader.
But does everyone have the knowledge when BTC will rise or fall? Since this matter is not known to everyone, I think Bitcoin holding is good for everyone. If an investor does DCA from 2020 then he would not lose much. There are many investors who buy bitcoins to hold and then sell them again for whatever reason. But everyone who did Bitcoin DCA is profiting today. Also, I think those who do DCA benefit more than a trader because they get the opportunity to buy from the deepest dips. From 20K now their bitcoin 70K, his profit has increased almost to a great extent. Above all I think that not everyone can profit from the volatility of Bitcoin it requires the right knowledge and experience but a holder without that knowledge and experience can make a good fortune by holding Bitcoin. |
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