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1  Economy / Gambling discussion / Re: 🏆 The Emirates FA Cup - Season 2023/2024 on: May 25, 2024, 05:05:05 PM
Well hooooly cow, nobody expected this at all! United finished the season with FA cup, and they had one of the worst seasons they ever had this year, finishing the year with FA cup on a year that you considered terrible is beyond bonkers. I really assumed that City would be mad after UCL and would win this easily with a big margin. I really really did not see this coming, nobody did, a ton of people lost money on this bet for sure, it snot going to be that easy for people, but I am sure that bookies must be loving this lol. Think about all the money that was put to City to win, I am sure that billions were made just today from this game easily Cheesy Sometimes we just get unlucky, it happens.
Sincerely speaking, even as a united supporter i didn't see this coming. Though I understand Manchester united will try to prove a point because the world is watching, but not to this extent. Wan-Bissaka did a fantastic job with the close marking of Doku to a point he had to switch to the the right wing, though Doku still managed to score at the die minute. This victory has secured them a play in Europe for next season.  Onana was really disappointing for allowing that goal, he handled the ball with kids gloves, because ordinarily that ball wasn't supposed to enter the back of the net.
For people that we are betting for city to win and have lost good money, at least they would have considered that this is an FA cup final, it's not an ordinary game, is a game that have something at stake so anything can happen.
2  Bitcoin / Bitcoin Discussion / Re: Converting bitcoin to fiat without problems on: May 25, 2024, 01:15:53 PM
You can easily convert your Bitcoin to fiat using your calculator and after then the best way is to sell your coins on an exchange that is available in your country. There are different exchanges like coinbase, Binance, kucoin that offers these services. Don't get it all wrong these exchanges do not directly buy your Bitcoin or USDT they will match you with a buyer in the exchange through the P2P area there you will see merchants and their prices.  Although the amount of taxes depends on your country of origin.


I agree with your explanation, but the P2P transactions done on exchange doesn't incur tax deduction from the receiver of the fiat, because from my experience, the fiat it's mostly transferred from the bank account of the person you've been paired with by the exchange, so it's basically like a normal cash entering into your bank account, except from the OP's country they deduct tax from any money entering into his account, which I strongly doubt of that kinf of situation.
3  Economy / Speculation / Re: Road to 100k? on: May 25, 2024, 11:48:17 AM
We have seen Bitcoin reach 70k USD and it even reached a point of 71k briefly. We are seeing history being made right here with the new all time high being set once again and it is happening even before halving.

I have high expectations that bitcoin will reach 100k but will it reach 100k without any major decline in price? Does it seem realistic that from 70k, bitcoin will continuously rise up?
From what has happened before, every time there is an increase in prices there will definitely be a decrease. When Bitcoin reaches its highest price, there will definitely be an unavoidable decline. It's just that we don't know to what extent Bitcoin's price will increase, and to what extent Bitcoin's price will decrease.
Nobody knows the price that bitcoin will increase to this coming bullrun, but I am sure that it will surely get to $100k. It's just like it's already programmed to happen that way. With the way I'm seeing it, the bullrun will not end until bitcoin get to $100k and above. As for decrease when the bear market finally return, that's what I can't really tell, last bullrun when bitcoin got to $69k after the bullrun bitcoin dropped to $15k thereabout, so with $100k that we are expected to see this bullrun, the bear market will also bite hard when it comes.
I agree with you on fact that nobody knows the price that Bitcoin will increase to, however a lot of investors have predicted it to reach $100, investors will still want to push the marketing till it's get to $100k before the end of the bull run that's if they can, because I see it as narrative that has been pushed into psychology and mindset of most investors at the moment that the price will get to $100k, and there lot of investors keying into that idea, but I don't want to see it as a propaganda that is pushed too far, i just want to the market forces to gradually take it course on the price increase.
4  Economy / Economics / Re: Financial fact that the authorities would not want you to know. on: May 25, 2024, 10:46:37 AM
I don't know how transparent and genuine other countries governments and their financial regulatory authorities has been with their citizens and the masses entirely, but speaking from experience, my late uncle who died during the the COVID-19 and left over $1,700 for the family in his bank account and after much processes the wife being the next of kin and the family as a whole has been unable to have access to the account and that is just how the money died off and only the government knows the fate of the fund til today.
In my country Nigeria, the government and the financial regulatory authorities has always kept hidden facts from us which would had been an added advantage to our knowledges and even contributes to precaution measures that we could avoid common mistakes that may seem insoluble or a long time to get solutions to it.

I recently came across this  https://youtu.be/s07NUfpPzSM?si=SY8wpCVbjgNHn2zy youTube video which a formal banker from Nigeria discloses about what the bank does not want us to know via how a next of kin would not be accessible to the benefitials bank account that if paraventurely the bank account holder dies, the bank will deny access from the next of Kin to the account if the next of kin is not an automatic signatory to the account or the account holder has not made a written will to determine the legitimacy of the next of kin.
So the bank would go a legal probate process to decide who gets the money.
Meanwhile... This legal probate in my country can take a very long time maybe years ahead to verify the processes which is definitely uneasy to meet up those tasks.
Even after the whole processes is being overcome, the next of kin would be demanded to pay huge sum of money for a legal fees to be able to have access to the account but meanwhile, the next of kin has been mentioned with all necessary requirements being provided during when the benefitial was on the bank account opening processes but the bank could not make the terms and conditions obviously for the account owner to take early awareness of it.

So this is assumed to be why the government and the financial regulatory authorities in my country has been fighting over cryptocurrencies facilitating crypto trading with the naira (#) on the Centralized P2P Exchanges.
The interest of the government is to control the centralized exchange with the forebeing of syphoning our Crypto funds.
Literally they also want to make away with our Crypto assets when we are gone and clearly stated and obvious, there is no next of kin attached to our Crypto Investments.
So, the government would want to also do away with them as they rebels us with the Centralized Fiats.

You can imagine how selfishly logical the governments can be? They tends not to let us know what is crucial and necessary but just concerned about how they can rebel the us.

For the issue of next of kin for any account holder in Nigerian Banks that I know, I know for sure that at the point of opening an account for every individual, there is a column for next of kin which is to be written down by the original account holder, so that should incase of any eventuality in the future, the next of kin will step in to request to be in charge of the account or withdraw the funds in the account. however this process is followed after there is an authentication and some level of proof from the next of king that he or she is actually the next of kin, most times they are legal documents signed from both sides which is the bank and the next of king.  for me I've seen that it has always been an easy process except for this particular case you're talking about.

As for the cryptocurrency market and the Nigerian government, I see that they've recently termed the crypto sector as informal sector that they cannot control the financial activity hence they want to use one sanction or the other to cripple the activities of cryptocurrency, forgetting that the whole idea of cryptocurrency is to decentralize it, so that government cannot control it. so this reality is what Nigerian government don't want to accept, hence the back and fought issues with crypto.
5  Other / Beginners & Help / Re: My model of an ideal investment portfolio on: May 24, 2024, 08:24:52 PM
Building a good investment portfolio is one key area I've come to learn of its importance and in building a good portfolio, the decision to diversify your investment option into different sectors is Always key and from what I've read both on the forum and off the forum, it seems the concept of diversification of your portfolio tend to tilt more to investing into Bitcoin and altcoin which somehow appears a bit one sided as i feel that building a good and ideal portfolio should cover not just the digital sectors but should necessarily touch other aspect of our lives.

So I'm led to share how I intend building what I termed "my ideal investment portfolio" and I hope I can get some contributions and criticism if it's necessary to possibly help me make informed decision.

So here's my Ideal investment portfolio
1 To invest in my craft: I believe this should be the most important investment I should make and it involves ensuring that I'm updated in my skillset and that I get the relevant certification that will keep me relevant in my carrier.
2.To Invest in my proposed tech academy for kids  : This has been a long dream that's still lingering due to finance but I'm working and hoping to build a tech academy for kids in my locality since it seems they are interested in it but aren't previledged to have tech firms that's nearby the locality. I intend HODling my Bitcoin for possibly one circle and then use the proceeds to invest into this projects as it's bent on helping the kids and teenagers in my locality to becoming technologically inclined.
3. To Invest in Bitcoin   : I'm cureent DCAing to stack up a good chunk of Bitcoin which will help achieve part of my tech academy project and also serve as part of my diversified investment option.
4: invest in people    : this obviously is one area I can't ignore seeing that I'm a beneficiary of the investment someone made in me that has built me this far. I believe that investing in people can give greater returns than most of the investment option we have here and there and that's what my proposed tech academy for the kids and teenagers hopes to do.
5. To do long term Investment in Bitcoin and real estate   : once my four year investment plan becomes a success, I believe it's best to now focus more on building a Bitcoin stack for the long run that will serve my retirement needs and also venture into real estate which seams to be a good retirement plan outside of the decentralized financial system.

This is my personal plan on how best diversification of my portfolio can work well for me and I'm open to any impute and recommendations regarding this.


Sir @JayJuanGee seems to be too good on this kind of analysis and I would have loved to see his impute here.
 

OP you have a nice plan, which seem to me like a social plan system to give back to the society, I cannot criticise you on this journey because it is voluntary job that you intend to do out of your own goodwill.
Investing into the lives of the young generation is more like creating a part way for them to follow and over time they be masters at it. I also want to start something of this nature in the nearest future as way of contributing to the growth of humanity.
Using the DCA method to accumulate BTC and HODling for a complete circle will definitely give your project a facelift.
6  Other / Beginners & Help / Re: A known enemy can easily be defeated on: May 24, 2024, 04:26:39 PM
I have a younger brother who lives in the US and yesterday he told me about a call he received saying that he can get his lost coins back and all he needs to do is submit his wallet address.

Before saying that I am a fool, I know this is a scam, but I need to ask about what could possibly go wrong if he submit a wallet address? I did told him to submit a random wallet address that is empty with no single transactions in the past though but I can't stop thinking what this could lead to.

If you know their trick you can always be ahead of them and possibly be able to Warn others too, I am just wondering what they could possibly have in mind, I think they will track his transactions to know his worth. Or there is more? What do you think?


There's no point for your younger brother to submit an empty wallet because it is purely a scam, a lost coin that he cannot remember the process to access the wallet again, then the coin is lost almost forever.
Scammers will always tell you stories just to keep your hope alive, but the good thing is that you already know their trick.
However I won't say your a fool, maybe your just playing along with the scammer to make them think or feel comfortable just so that you can  apply delay tactics and frustrate them at the end of the day, but then i believe you should tell your brother to stop communicating with the scammer, possibly block him, because it might get to a point the scammer might ask for some else from your brother and he may not let you know about it, so it's better they stop communicating.
7  Economy / Services / Re: Nrcewker's Campaign Management and Translation Services! ✅ on: May 24, 2024, 12:28:14 PM
Your graphic designs really looks nice as they are eye capturing, Wishing you well on your new managerial endeavor.
8  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: May 24, 2024, 12:09:30 PM

After I saw the outcome of the Europa League finals yesterday, I have decided not to underestimate any club that is playing the finals because if they are not strong, they will no be in the finals. I still believe that Real Madrid will win Dortmund because they have good players and strikers that are hungry for goals, which they will like to put down their names on the score sheet of the champions league finals.

Dortmund on the other hand needs to play with confidence and have a game strategy to work with in order for them to resist defeat from Real Madrid. I believe the match will be filled with thrills, I will placemy bet on Real Madrid.
Carlo Ancelotti is a quite experienced coach, he has been through quite a lot in the Champions League. Therefore, I am sure that he respects every opponent, especially in the final match. Don Carlo remains grounded even though his team is the favorite. Dortmund also has big ambitions to win the title, it is very possible for them to appear all out and carefree even though they are not seeded. Yes, the results of the European League final match can be a reference that there is no guarantee that the team that is favored will be able to perform well, in fact the team that is not seeded will play without burden so that they have very much freedom in controlling the field. But will another miracle happen in the UCL final? However, I hope that this match can produce an exciting and one-sided match.
Carlo Ancelotti is one of the most successful managers of all time and has won several UCL trophies for Real Madrid. Although the final match is very difficult for Real Madrid in other seasons, this season at least the final match will not be so difficult for Real Madrid and maybe this season Real Madrid will be able to plan the final match very naturally. Of all the players Real Madrid have, if Carlo Ancelotti drops his preferred XI, Dortmund won't do much against this team. If the final match needs a lot of planning, I'd say Dortmund needs to plan. Real Madrid has multiple strikers and the midfielders of Real Madrid play a lot of attacking football, but it is a very big question which midfielder will be tagged by the opposing defenders or which striker will be tagged.
I certainly wouldn't say that this match, with any of the lineups for the match, will be easy for Real Madrid. This is the Champions League, especially the final - unpredictability is the key word that should be used here. Dortmund may well win this match, yes, it will be incredibly difficult, but theoretically it is possible. I will be rooting for them in the final, Real are boring to watch in this tournament, they have won it a bunch of times
Just apart from Madrid winning it many times and of course allowing Dortmund who has just alone won the title just once in their life time which is back then since 1997, but if we are to judge from performance Madrid is to win the finals. From what I saw happened between Atalanta Vs Leverkusen in the EUROPA league final, I may have to clear my doubt and hoping that Dortmund still have a chance against Madrid. Finals like this is meant to be tough, so Madrid may find it very difficult to secure the win but even they still remain the favourites with the best possibility of winning.
I've always emphasizes that the Dortmund side are too dangerous to be seen as underdogs, just like the game of Atalanta Vs Bayern Leverkusen, we already thought that Leverkusen will trash Atalanta, not until the surprising thing happened. So I'm of the opinion that people should look out for Dortmund, as they have same potentials as Atalanta.
Madrid are the favourite to win no doubt, but we are analysing the possible outcome, which is even if Madrid wins, it not going to be rollercoaster victory, considering the trajectory at which Dortmund have been winning their champions League games and their fierce defensive pattern.
9  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: May 23, 2024, 10:47:49 PM


The market for coaches in the EPL has recently become busier and this time it's West Ham's turn to just announce their new coach, Julen Lopetegui. As is known, he is an experienced coach and has managed big teams like Real Madrid before and has also managed another EPL team, namely Wolves.

Now West Ham seems to have found a worthy replacement for David Moyes and they will certainly be very happy to be in the cool hands of Julen Lopetegui. This season West Ham finished in 9th position and in fact this team has made good progress over the last two seasons. I hope they can find their best game again under the guidance of Julen Lopetegui and can compete against other teams again in the coming season.
Julen Lopetegui is a great choice. I think West Ham will be able to develop more with Julen Lopetegui. But what I mean by progress may not be progress that is too big. but maybe West Ham can get a better ranking next season. West Ham has succeeded in getting a new coach. And now we just have to wait which coach Chelsea will successfully bring in.
I am very much in support of West ham changing their coach. This does not in any way mean that David Moyes is not a good coach. Moyes has done a very nice job in West ham United. I could remember when West ham was no a name in the English Premier League but today Westham is a good name. If not that this season was not favorable for the West ham team, I can remember that last two seasons and the last season was good for West ham. In fact in the European competition West ham went on beating throughout their group stage in the Europa League. The last two seasons, they also fought very well for top four which they maintained till the 11th hour when is slided. So this shows that David Moyes has done a good work in the Westham United club.

But then I am a believer of a fresh blood after some seasons. Honestly I really thought that day combination of Bowen, Muhammad kudus and Antonio would do a better work for West ham this season, but it did not turn out to be so. As sincerely believe that a new coach could do something better with these boys in the coming season.
As for me the only job i know that David Moyes would have done for West Ham and it will have been significant was for him to have at least gotten a draw against Manchester City on the last day of the league,  However David Moyes is a fine coach but he has been too unfortunate with his career, I remember when he was hired to replace sir Alex Ferguson for the Manchester United job, United remained on the 7th position week in week out throughout the season, Though some people said Manchester United was a big shoe for him. For The club management to bring in a new coach is a bit surprising to me, at least Moyes was able to bring them to 9th position at the end league, they would have still kept him, left alone with me especially with his wealth of experience in the premier league.
10  Economy / Economics / Re: Money addiction on: May 23, 2024, 08:09:16 PM
On a scale of 1-10 I will say 9 out of every 10 are addicted to making more money even though not everyone attain this height at the end of the day. We live in an every hiking economic society. Prices of commodities keep changing as each day passes by. This has invariably triggered the addiction to more money as the usual earnings is no longer enough to maintain once life style.

Many have been forced into adapting to their current spending ability, others have deviced means to earn more so as to meet up others has choosen the looting method just to survive.

Based on this Ninety percent of people in every sector of life has higher chances of looting only that most people are not privileged to get the opportunity to carryout what's in their minds
OP when you talk about looting, in what aspect are you referring to, or are you insinuating that a lot of the people are looting to survive.
Because there's no justification to this allegation that you are accusing against people. A lot of people in the society are living a modest life within their income, and they are not looting to survive.
Talking about addiction to making more money, lot of persons are only working to earn a living, so they can get money to buy the basic things they need, that shouldn't be seen as addiction. however hence your earning is high your spending too will follow suit. So for me you need to still explain the kind of looting method you're talking about that people use to survive.
11  Economy / Speculation / Re: Road to 100k? on: May 23, 2024, 05:41:21 PM
Apart from the fact that Bitcoin is meant to reach a new ATH after every circle do you know that Bitcoin price can stay for a very long time before reaching an all time high again due to the fact that it has already gotten an ATH before the halving so all we are doing is speculations and this speculations depends on the effect the market will create so if there is no much investors buying Bitcoin you can't expect the price to skyrocket.
Should this be our primary concern right now? No, this shouldn't be our primary concern right now as a long term holder, because with the little knowledge I have gotten about all this is that, the current price of Bitcoin and it current state shouldn't be our primary concern right now, what we should be more focused on is to have a very good stash of Bitcoin in our possession, so I wish to ask you @cryptoprinces101, if Bitcoin create a new all time high as you are talking of,  like moving to 100k, would you be a great benefactor with your current holdings?
Nice question Barikui101, basically I have a long term target and with the amount of Bitcoins in my portfolio now if the price hit $100k I will be a beneficiary but it doesn't implies that I will sell my holdings because checking at the price I started hodling and if the price hit $100k dollars the profit I will get cannot match my target because as a hodler you need to set out target for yourself incase you meet your target you can decide sell your Bitcoins but for the fact that you have met your target doesn't mean you should stop hodling you need to continue till you have acquired a very huge amount in your portfolio.
Although we don't face much of a problem when we are just holding and accumulating every time bitcoin drops. But, some time in the future when our target is reached and bitcoin have  surpassed the 6 digit figure, that would impose another challenge to our investments decisions, whether or not we sell everything we have, sell portions of it and continue holding, or just buy back at some point when bitcoin experienced another sharp bearish correction.

Does not sound like a dilemma to me.

I doubt that it is a good idea for anyone to sell BTC with an expectation of buying back lower, and if anyone is in the stages of accumulating bitcoin, the best way to accumulate bitcoin is by buying it.  Not by selling it.
Anyone selling Bitcoin at the early stage of their investments while still accumulating with the believe that they want to wait for the price to fall in order for them to rebuy it is really an unserious person however the early stage of investment is about accumulating and not to think about selling even after making some profits in the short run.
Any investor who is selling his bitcoin investment for short-term profit is just messing up and delaying his bitcoin accumulation journey. That person can never buy back the same quantity of bitcoin he or she sold because bitcoin will not dip to the price that will make that person buy back the same quantity of bitcoin. Even if the person buys back bitcoin, he will not be making the same profit as the person who accumulated the same quantity of bitcoin with him and held it for the long term.

Quote
Basically anyone selling their Bitcoin to purchase inferior assets is a naive person because you can't sell a valuable asset like Bitcoin just to buy some low level assets that will take you backwards instead of increasing your wealth and investment. And before selling one's Bitcoin mapping out plans on how to spend the money judiciously on valuable assets should be taken with high priority.
That is why it is good for people not to invest their whole money in bitcoin so that they will not wake up one day and decide to sell their bitcoin and buy a computer or something else. People should always invest in bitcoin with the money they can do without for a long time so that they will not think of selling their bitcoin to survive. The only thing that could make someone sell his bitcoin is when it is a life-threatening issue, and there's no other means to save the life of the person in question if not to sell your bitcoin to raise the money needed for the person to be alive.
Some investors are short term investors, they just want to check out once they feel the need to. Psychological people have a different approach to investment, their intention might be that they don't want to reinvest, so technically even when the price of Bitcoin is high and they come later in the future to invest, don't be surprised that they might still take their profit in a short term, because holding for a long time is not really their priority.

Talking about investors that go all in, I terms of investment, as for Bitcoin definitely there will be a profit at the end of the day, but it is not advisable anywhere in the world for you to put all your eggs in one basket, investment in Bitcoin should be on a gradual level for an investor that don't have much, so I agree with you that people should invest in Bitcoin with money they know they can do without for a long time.

12  Alternate cryptocurrencies / Altcoin Discussion / Re: How to Take Profit in this Bullrun on: May 23, 2024, 12:24:27 PM
Crypto trading and investing has many challenges. However some that stand out are;

1. Risk in trading or investing
2. Greed and Fear
3. Profit taking.

I will address the third point in this trade. Making profit is one thing, taking profit is far important. What make some people not to make profit is fear and greed.
Here is a strategy i used in taking profit;
1. Determine the market cap you want the coin to rise to.
2. DCA out at every milestone of the project.

For example, say you bought SOL at $5. You take 50% off after 5x, and take 10% as it goes up.

How do you take profit? Are there other strategies for profit taking?
The idea you've listed on profit taking, is virtually what every investor would do, though some will still hold on till the profit reaches 100% based on what they've predicted the market cap will rise to, However some person's will argue that, 50-60% of your profit should be enough for you to take, as exceeding that will be greed. Don't forget that, you can successfully hold your coin for long period for it to yield good profit, and Bitcoin is the only major coin that has that capacity, others are too unpredictable so is not advisable to hold for long, so hence you get a little percent above your capital, it's advisable to take profit.
13  Economy / Gambling discussion / Re: ⚽UEFA Europa League Discussion Thread -- 2023/24 | SFs on: May 22, 2024, 09:20:13 PM
51 games without defeat for Levekusen is about to end tonight against Atalanta with 2-0 in first half. I also don't think Leverkusen will have the necessary resources to comeback in 2nd half and score 2 goals but I do see them scoring once. However ,if a miracle happens again for them , I think they will be one of the most luckiest teams in football history to always comeback game after game and if you don't believe in magic , you should if this happens  Grin Grin
Lookman just made it 3-0, the unbeatable record has come to an end for Bayern 04 Leverkusen, Atalanta had already don the damage by scoring that initial 2-0, so even when Leverkusen tried to fight back in this second half, yet it's not looking like is going to yield any results, because the initial start of the second half they where really  trying to put some pressure on Atalanta, but the Atalanta defence has been strong like the wall of Gibraltar. They deserve the trophy, they've shown consistency and they've been incredible with their performance, so they deserve the win. congratulations to Atalanta the champions of Europa league.
After the African Cup of Nations where Ademola Lookman put up a classy performance, I never heard much about him anymore. Today he has emerged as the hero of Atalanta and a curse to Bayer Leverkusen. His three goals were so wonderful that Bayer's goalkeeper had no chance to save them. The wonderful season that Bayer had enjoyed before now has been dashed by the Nigerian. Xabi Alonso knows that it is all over and he should focus on winning a second trophy through the German Cup. Congratulations to Atalanta because many people including me predicted that they would never win this game.
Sincerely speaking Ademola lookman has been incredible, I never really knew much about him not until the African Nations cup where I first saw him please for the Nigerian national team, the young man is a bunch of talent that is firing from all cylinders, keeping a record of being the first player to score a hat-trick in the Europa league final, that's huge.
I never even thought for a second that Atalanta will beat Bayern Leverkusen, I thought that leverkusen where the big boys who had the show and Atalanta where the underdogs, but now the underdogs that i thought are now the champions.
14  Economy / Gambling discussion / Re: ⚽UEFA Europa League Discussion Thread -- 2023/24 | SFs on: May 22, 2024, 08:55:25 PM
51 games without defeat for Levekusen is about to end tonight against Atalanta with 2-0 in first half. I also don't think Leverkusen will have the necessary resources to comeback in 2nd half and score 2 goals but I do see them scoring once. However ,if a miracle happens again for them , I think they will be one of the most luckiest teams in football history to always comeback game after game and if you don't believe in magic , you should if this happens  Grin Grin
Lookman just made it 3-0, the unbeatable record has come to an end for Bayern 04 Leverkusen, Atalanta had already done the damage by scoring that initial 2-0, so even when Leverkusen tried to fight back in this second half, yet it's not looking like is going to yield any results, because in the initial start of the second half they where really  trying to put some pressure on Atalanta, but the Atalanta defence has been strong like the wall of Gibraltar. They deserve the trophy, they've shown consistency and they've been incredible with their performance, so they deserve the win. congratulations to Atalanta the champions of the Europa league.
15  Bitcoin / Bitcoin Discussion / Re: Bitcoin Bullish period and advantage. on: May 22, 2024, 03:39:57 PM
It's really hard to control your psychology, emotion and action in either bear market or bull market. You need to practice, live in this market a long time to be experienced first, then be able to calm yourself in severe times of the market like bull or bear, crash.

Psychology of market cycles. The chart is very famous but how many people can understand it and can actually use it practically in investment and trading, there are very few people can practice well.



https://costavg.com/
DCA power can be seen by tool like above to estimate profit if you DCA in last 2 or 4 years.

Learn and try to use this strategy
[ANN] JJG Sustainable Bitcoin Withdrawal Strategy
https://bitcoindata.science/withdrawal-strategy
Practicing and living in the market allows you go through the emotions, because you will be experiencing the ups and downs of the market flows from when it is bullish to when it is bearish, which will help build your psychology. Investor try to be too emotional at the first stage of their investment, just as the OP said that some investors will Buy the Dip and sell immediately they see bullish signal, but they are forgetting that, that same process will happen again and again till there is a new ATH. So for me I would say I will allow them to go through the emotions so that at the end of the day, they can learn on their own, because some of them seem not to understand holding for a long term is more profitable.
16  Other / Politics & Society / Re: We Are close to nuclear war on: May 22, 2024, 11:58:20 AM
We Are close to and it's serious.
However it's our own bad karma we are bad while you get dead instant that's another story but If you start suffering that's hell.
I guess people in USA will die instant in most cities also in russia but finland sweden ukraine balarus and Baltics area will be like torture hell.
Nobody dont want but we people are bad to each other maybe in the next lifes we are better people.
(Our souls don't die but will learn the Lesson )
However nuclear attack should be one sided not by agreement of both USA and russia Because If both of them will launch nuclear missiles then it will be bad for bigger area of world so one should take down other If nuclear is the way to go.
But i guess we are in the situation when USA russia both can't give too much Hint it's like in the old Western movies winner shoot first.
People who really got info are worried about and there will be no more talking it just If one country see that only way is to attack first to bring peace to the world then that might be case the Donald trump is also worried about.
Best way would be that russian people will urge Putin to stop war in ukraine that's the best and most easy way to peace right now.
As tentions high china should also behave normal because things not looking good off course people in russia biggest cities like moscow and people in biggest cites of USA Are the lucky ones.
Both the usa and russia have nuclear scenario manuals and it's looking scary.
However USA president can launch attack without notice or telling that to anyone we live in times when one side can launch attack and world don't even know that was happening until they find out one country are gone forever.
Its not when you die or how long you live but more important how was your life when you was Alive.
I think all these issues where nations are on each others neck, the USA and Russia cold war, Russia and Ukrainian war, are all politically motivated. as for me if they can come together in a round table and sit down to iron out their issues, the whole world  would become a more better  place and peaceful, I remember in Bob Marley song when he said, we shouldn't have the fear for atomic energy or what you call nuclear war because none of them can stop time. So for me this battle of supremacy and intolerance between Nations should come to a halt, because it is not taking the world anywhere, I was just looking at a documentary the other day about the destructions in Ukraine, and I said to myself that this war would have been avoidable because at the end of the day is needless.
17  Other / Beginners & Help / Re: A quick reminder to all beginners, the cloud is someone's else computer. on: May 22, 2024, 11:16:54 AM
It doesn't matter how big a crypto wallet company is, they can act stupidly at any time and it takes your smart sense to shun their stupid idea or trust the stupid idea and later pay for it.

Beginners listen, even if a crypto wallet is the first on the best list of wallets out there, the moment they make a stupid upgrade available like what Trust Wallet did, just know that they have downgraded themselves.

Recently I recommended Trust Wallet for someone to use, thankfully he reached out to me about which backup should he use. I told him to just write down his recovery seed and keep it, but I was curious why he asked which backup because I never expected Trust Wallet to have more than one backup.

I asked him what other backup was available, and he said " Google Drive" I at first thought he got the wrong Trust wallet, and asked where he downloaded the wallet from, but he dropped me the official link, so I headed into my Trust wallet which has used for some while now, and it asks me to update to the latest version then I saw that they have added an option to backup using "Google Drive".

This is stupid and unnecessary, if this beginner never asked questions I think he would have felt easier to just use the Google Drive backup instead, why they made this stupid option available is what I can't figure out, it is one of the easiest ways to lose your cryptocurrencies.




It is advisable to avoid using this option if you ever come across one in any crypto wallet you plan to use or the one you are already using, say no to cloud storage, they are easier to get compromised and all you will get is sorry from them, your crypto assets are safer by writing down your recovery seed in a private and offline way.
Why would trust wallet add up Google drive to back up your recovery seed, it can be tampered with because it will be prone to hackers.
I know there are lots of documents that is saved on Google Drive, but your recovery seed which is you're top secret shouldn't be one of it.
Your seed phrase should be within you alone or where you've written it down, bringing in a cloud storage system is like bringing in a third party which for me is not among the initial idea of having a seed phrase. Hackers and scammers are scavenging the whole of the internet every day looking for who to devour, so keeping your keys offline should be your priority.
18  Economy / Gambling discussion / Re: UEFA Europa League 2023/24 Season on: May 21, 2024, 09:46:24 PM


I don't mind Leverkusen winning it tomorrow, because we all like Cinderella stories - a team that nobody expected to win anything is having their best season ever and keeps on pumping their games without a loss record. But, at the same time, the odds for Atalanta look really attractive.
Leverkusen will have to lose eventually, so why not tomorrow? It's also possible that Bayer could lose the final in penalties, so technically speaking, they wouldn't lose the game and their undefeated run would not end.
I'd say that both teams (if performing at their 100%) are on a similar level, with Bayer being only slightly better. So I made a small double-chance bet on Atalanta at x1.94.
Bayern Leverkusen have all the trappings to win tomorrow's game, Atalanta have shown incredible performance in this competition, I remember there encounter against Liverpool and how they knocked Liverpool with all their outstanding players out of the competition, however i am seeing Leverkusen as the club who's time have come, their records even in their domestic league is mind-blowing, and it's far better than Atalanta. Bayer Leverkusen is 100% better and not slightly than Atalanta, if not for any reason at least for winning their league with an unbeating record it's not something that is easy to come by. So for me, Bayern Leverkusen are going to win
Atalanta tomorrow.
19  Economy / Speculation / Re: Buy the DIP, and HODL! on: May 21, 2024, 04:10:08 PM
There are times when acting aggressively when prices fall by 10% or when we get additional income.
On the one hand, cash flow must be stable without becoming a burden when we make aggressive purchases.

The thing is that in as much as someone or rather an investor is rich doesn't mean that they cannot run into trouble if they are investing aggressively, however even if the price drops 10% is not actually a good reason to accumulate aggressively but instead you can possibly adjust your DCA accumulation were by if you normally accumulate a certain amount of Bitcoin on a weekly basis and it happen that your source of income has increased you could possibly increase your accumulation amounts that will be well suitable for you.

Though I no that most investors have there way or perspective they feel they can take advantage or facilitate there investment on Bitcoin but it will be very bad that they will get overwhelmed and invest all they have without realizing that in as much as long term holding doesn't really involved risk but aggressive investment could be regarded as one of the risk or barrier that could have a negative effect on there investment plan.
I believe what you mean by aggressive investment is huge amount of investment i guess, because contextually I might be misunderstanding you. moreover if there is 10% reduction in price it then means, it is more like a dip and that is when investors should be encouraged to aggressively accumulate as much as they can, not the other way round as you put it.
 
Your also saying that it is advantageous to be a long-term holder than an aggressive investor. maybe I need to ask, do the two investors not get the same value for thei investment when there is profit or increase in value?
20  Other / Beginners & Help / Re: Seeing is no longer believing on: May 21, 2024, 02:14:38 PM
Imagine being on a video call and everyone interacting with you are fake?


At first I don't believe this until later on, a guy from my local Crypto WhatsApp group lost close to 18k in dollars to scammers, this is a guy who have been a victim of some past scams and jave learned from it all, thinking he has passed been scammed until now.

He is into startup projects just like I am, using Seedify, Decubate, Ape terminal and others, he is an investor of a newly launched project who have raised some money and they are planning their second fundraising, the team came for him, and to confuse him they use video.

Imagine talking to the CEO of a favorite crypto project that you liked, including two extra team members on video call, and they managed to confuse you that they are picking few numbers of people to invest into the second seed round at a cheaper rate per token?  They got him good, he was too excited and all sense of curiosity was shut down.

Before he knew what was happening he lost everything and accused the team on telegram group only to find out that none offer existed and all seed rounds are already completed.

The scammers went online and download the pictures of the company, including every staff members, everything they can get and used Artificial intelligence to create fake videos and with fake voices they will use in the video call, I went on doing my own research amd ended up with Deep fake technologies.

Read more about deep fake technologies 👇


https://www.idenfy.com/blog/deepfake-technology/amp/

Be on the look out guys, anytime you found any CEOs or notable people online telling you to do something or sending some transactions, please do not rush, take a minute, relax and do some research first or just look away.

If you are curious, find the projects telegram group and ask questions, and post screenshots on the group, I am positive that people will stop you from getting scammed, they will be exposed to you that you are about to get scammed, sadly we have gotten to this stage only to end up having more confusing tools for scammers, all we can do is warn each other of the threats that lurk

Once you begin to tell me stories that are too good to be true on social media, I will begin to suspect you immediately especially on telegram.
I found out that no matter the sensitization people have been making concerning scammers on the internet, vulnerable people are still falling for them, maybe there is need to do more sensitization or awareness program to people on the internet about who they do business with. Most scammers have mastered the act of approaching you with a company and telling you that this is the CEO of the company talking to you directly, some come with mouth watering offers that if you're not careful you can barely resist the temptation of rejection their offer.

For your friend, this is more like an experience to him, at least he can educate others about the need to be careful on the internet, but then it's really a sad one for him, $18k is a lot of money.
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