Bitcoin Forum
May 27, 2024, 11:00:16 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 ... 68 »
1  Economy / Gambling discussion / Re: Do you believe in match fixing? on: May 26, 2024, 06:10:58 PM
At a point I never believe in fixed matches, but as time goes on, the information I have gathered so far has made to believe that matches are indeed fixed. Like the pools game which people predict draw on a frequent basis and most of those game played as predicted back to back. And there are formulas derived from most experts which happens to be as a result of previous fixed matches and the possibility of them to repeat itself again. For that reason I believe in fixed match because my dad always predict a pool game that is fixed and yet it played. Though not all time but most times it do play.
2  Economy / Gambling discussion / Re: Lunatic gamblers who says Airdrop rewards are free funds. on: May 26, 2024, 12:48:04 AM

To me, they can utilize these so called free money by adding it up to their Bitcoin portfolio or even used it to spend on necessary things instead of dedicating to lavish it on gambling.
There is no free money any where, those who say it free money when you earn the money through airdrop or gambling its not free money because you must have to pay for them indirectly,  take for example in airdrop,  even though you don't invest in those projects with your money, you will still invest your time, that is before you get those airdrop rewards that  is refered free money by many, you have to invest your time into doing the work before getting the rewards and no airdrop will ever reward anyone who didn't put in any efforts in doing the job.
What you said is nothing but the truth. There is no free thing, every good things must surely take your time before it will manifest. There is a price to pay in everything we do, just like a gambler who plays gamble regularly and yet no wining but suddenly win big, the person will not call it free money because he has lost several times wasting his time and energy which he could have used for another thing , but channeled it to gambling to study matches and there previous win. When such person wins, it is surely not a waste of time but due to constancy.
3  Economy / Gambling discussion / Re: Does addicted gamblers only lose money all the time on: May 26, 2024, 12:15:59 AM

We keep talking about gambling addiction and how bad it is to become addicted, does it mean that addicted gamblers lose money all the time? Do you means those guys doesn't win anything at all? Can they not be lucky to win jackpots?
Not really though. Being addicted is not all about lossing always in gambling, what addiction entails is that it drives you nuts to the extent that you don't have self control. For instance an Addicted gambler may decide to win 5 to 6 times a day and may decide to continue gambling untill he loses all what he has won. If a person is not addicted he will win a game and stop gambling to avoid much loss. But is such person is addicted he will win and continuously play till he is left with no chose than to lose it all. That is why people preach about addicted Gambler. What is the essence of gambling when you win big and lose it all, all because of addiction, it is better off not to gamble, than gamble and lose on a strict.
4  Economy / Gambling discussion / Re: Never borrow money to be able to gamble on: May 25, 2024, 11:58:05 PM
There is never a place where it is advised to borrow money for gambling. If anybody forms such habit surely that person is bound to fail or become doomed in the shortest period of time. Gambling should be played in accordance with a person capital intensity. We should learn how to control our emotions, if emotions is so much attached to gambling it will definitely makes a person to go contrary to the rules and may blame people for not given them a clue about it before they ventured into it.
5  Economy / Gambling discussion / Re: What strategies do you adopt that can help to make millions in sport betting on: May 25, 2024, 11:53:24 PM
It would be incredible to be able to make millions of dollars in gambling.
I just don't think about millions of profits, but playing and betting is just entertainment with very small bet amounts, even under $1.

You know sometimes it baffles me when people keep saying that they need to make some millions of dollars through gambling, yes that is a good dream at least being optimistic is one of the most important in gambling but it shouldn't be in a way that they must channel their efforts towards it because this can also destroy someone at the curse of trying to make big time winning without even considering the negative effects of it because when all these are put in consideration then I think such person will have to keep betting without focusing of hit some million dollar rather a consistent betting not going above their weekly and monthly budgets.
What you have said is nothing but the truth. In as much as we have big dreams of winning huge shouldn't be enough reason to over do it when gambling, because surely it may jopadise our image or reputation if not properly handled. There are many cases of such which has been discussed here on how to gamble responsibly to avoid negative impact of the person an how he behaves in the society.
6  Economy / Speculation / Re: Buy the DIP, and HODL! on: May 25, 2024, 12:45:25 PM
Getting a standard knowledge of bitcoin isn't something a newbie can cover in a week or two this could take months or even longer before he we would understand more about himself like cashflow management, risk tolerance and his investment timeline, all this are decisions that could take some time to figure out, waiting is a very wrong idea especially when you already know how to buy bitcoin and where to store it, this are the basic knowledge that I consider important for a newbie the rest can be figured out in the process of buying bitcoin, yes some newbies can tend to be very aggressive with regards to the price of bitcoin which I don't really support cause aggressiveness without knowledge of yourself can cause you to sell very early than expected, so a better advice like what Jay had said earlier on would be for them to get started even if it's a very little buying purchase of 10$ weekly and consistently while the figure out themselves properly.
From your perception is good to hurry up and invest in bitcoin, is that what you will advise beginners to do, in norms you don't need to venture what you don't know about without proper research, someone get into lose base on over excitement and curiosity to invest in order to make a profit, as investor you need to be inquisitive to something you have not comprehend well.
Yes it's very important to study very well about bitcoin before adventuring into investment and also know how it works in Oder not to fall victim of scammers and not to lost a reasonable amount due to lack of proper learning or understanding. but I think when they said newbie can invest in bitcoin does not implies about short time investment like gambling or Trading which we are not discussing here but specifically and strategically on long term investment and  a specific and speculated time horizone so surely its not a bad thing for newbies to learn about bitcoin properly before investing, but the aspect we majorly emphasis on is that if they have the basics skills about bitcoin, how it works, how to buy or sell and the right wallet and address it should be send to, then such person can be able to start accumulating. And note before starting to accumulate, the person in question should be able to have a steady source of income to be able to have a regular amount in his discretion or reserved to be able to invest on weekly DCA or buy the dip and HODL according to your discretion or float. Not just having a small amount and you start to invest without having a backup capital to continue the investment for as long as speculated.

let me ask you, during the bearish season and bullrun when is best time for someone to accumulate bitcoin?.
I know you are not a regular poster of this thread and have not comprehend the meaning of the thread and all what it entails or talks about, but I will try to explain more to you for clarification. a HODLer usually have a longer time horizon compeard to your expectations. A HODLer does not buy on bearish season and sell on bull run or buy dip and sell when it high
But a HODLer usually have a discretionary fund Which is equivalently a reserved fund which has many functions. It is used to buy bitcoin on a regular basis every week known as dollar cost average (DCA). Which is just a regular buying and does not think about the market ups and downs. Also buying the dip which means when the market is bearish a HODLer will use some portions of his reserved to buy the dip depending on how he feels like to buy. This method will recover some lost amount when the HODLer may have bought higher in the DCA method. Lump-sum can also be Buying once at a go depends on how much you also feel like to buy for a specific period of time. And such Investment will not affect your discretion. So a HODLers metal reason is far beyond what you think and they stand a better Position to make more money in the future after many having. And also know that HODLers time horizon takes at least 4-10 years interval, and 20-30 years at most. When talking of making profit in bitcoin, think of a longer time duration.

I can't be that conscious to invest due to bitcoin price is increasing rapidly, you most at least scrutinised the , market and understand the next movement of Bitcoin through the chat or move of candles sticks, probably, we need to know that is not all about investing but understand the system first.
Understanding the system does not in any may mean we must watch the candle sticks. Watching of candles stick is talking more of trading and of course that is not what we are talking about. You need to start investing in bitcoin than watching those candle sticks of yours because that will delay your investment approach. I think it's important to note that you have to start investing in bitcoin and stop procrastinating and looking at bitcoin movement because surely it not a stable coin but a volatile asset that will increase over time. Surely there is hope and the future of Bitcoin is bright if you can only start investing now and stop watching at those fucking candle sticks.

 
7  Other / Beginners & Help / Re: How do you feel when you earn merits in your post or replies. on: May 24, 2024, 11:18:09 PM
Though there is that joy that comes from people when they see that they have gotten themselves merit. But that doesn't last for long because human being are insatiable. They must surely want to continue to get more. Merit mean many thing to different people. some people merit is like life which if they don't have on regular basis it will look like they are not adding any meaningful contribution to the forum. While some use merit as a form of fast Growth to rank up and find a better campaign. So merit has different functions.
8  Bitcoin / Bitcoin Discussion / Re: Why are banks against cryptocurrency? on: May 24, 2024, 07:53:24 PM
All what you have said is incredibly fine and truth and nothing bad about it. The reason why banks is against Bitcoin or Cryptocurrency is that bitcoin is everything bank was not. Bank operate on a centralised system why Bitcoin operates on decentralized system. Bank operate on paper work while bitcoin deals on phrase and wallet which means you can stack any amount of bitcoin in any wallet for as long as it can last, without having a paper agreement to open an account. But with Your pass prase you have a total access to your asset without a paper Work or any third party agreement. Bitcoin is a volatile assets which appreciate in value in due time. but the money  kept in bank D
Are not volatile as bitcoin and also depreciate in value over time do to inflation. So there are many important in bitcoin that is more profitable compeard to bank. That is why banks hate cryptocurrency (bitcoin) because people are gradually investing in bitcoin instead of bank and it's taken away their customers. These are the few things I can point out for now.
9  Bitcoin / Bitcoin Discussion / Re: Why is Bitcoin the Dumbest Thing Ever Invented on: May 24, 2024, 07:13:47 AM
I don't think I need to read  those tones of Post of yours, since you have no good narrative or intention about bitcoin. You are even the dump ass hole who doesn't know what bitcoin is all about. I even woumder what you are still doing here when you don't have any better thing to contribute to the bitcoin community. If you are an anti-bitcoin why then do you register here. People like you are those kind of people used by government officials in a country that doesn't accept Bitcoin, to find people who are doing it behind close doors and unmasked them. I think you should accept Bitcoin because you have no choice Afterall no body will follow your part. You are definitely alone. Fuck you.. and fuck your thread no one gives a dem about your opinion since you don talk a reasonable Thing about bitcoin.

Bitcoin is the dumbest thing ever invented.
I hate it with passion when someone shows how mentally derailed they can be in public by saying what doesn't make sense to people hearing that, "bitcoin'' the whole world knows and believes in, to be the best digital currency invented, turns out to be the dumbest thing ever invented to them. Is that not stupidity cos it only an insane person will have such reasoning, not someone stable in reasoning
Of course that is what he is. Although not everyone walking on the road are normal, some escape from psychiatric and find themselves among human so am not surprised. Maybe he was fortunate enough to see someone who opened account for him but never border to as question if not he will have been awear about what his coming here to do.
10  Bitcoin / Bitcoin Discussion / Re: Shops now accept BTC on: May 24, 2024, 06:18:44 AM
It just get to know that some shops now accept BTC as exchange, that is very good Bitcoin is making progress, after some years now Bitcoin will shock the world, with the way things are going now.
That is one characteristics of bitcoin, being used as a medium of exchange of buying and selling both online and offline so it's not a new things. Maybe in your country there is prohibition of bitcoin being used in purchasing of item, or probably you are not familiar with that. If you are familiar and well knowledgeable about bitcoin you will know that it is accepted in most places as a medium of buying and selling so its not a new things just that most country don accept Bitcoin.
11  Economy / Speculation / Re: Buy the DIP, and HODL! on: May 23, 2024, 03:42:23 PM
Waiting is not an investment strategy... whether your starting goal (ideas) is 1 bitcoin or some other amount...
Hmm, I get the point now.
Even without any knowledge, one can still start investing in Bitcoin and in the process of investing one can learn.


Exactly  now you get the point.... it will be very stupid to wait and learn when the price of What you're learning keeps appreciating day by day.
You wouldn't even say such word of being stupid to learn when the price of bitcoin is appreciating. Despite anything there is surely a need to learn before investing in bitcoin, just that you will only need to quick up the process by not over learning and not taken a bold step. There is a different between fast and slow learning process, some people may be fast to learn and start investing, but some people are dem too lazy to learn even the simplest thing, and may lost a reasonable amount why trying to invest. so in as much as we are trying to invest in bitcoin, we should start investing at the appropriate time when our brain is set to understand properly, hence no time is too late to invest because you might even delay to learn and Invest when the market is dip and you be advantaged over the early people that invested before you. so what am saying in essence is that investment shouldn't be in a hurry but should be done when a person is mentally and physically matured and knowledgeable and also stand a chance to bear the risk and HODL for a longer time. and also having a regular inflow of cash in his reserved, otherwise they might make a silly mistake and see bitcoin as being scam

Once you're determined  then the investment should started ASAP without any further delay and the best strategy beginners could use without even knowing anything about bitcoin  is the DCA strategy , its  simple and straightforward ...
Besides, learning to me is a continuous  process which might even take forever so waiting  to learn before investing when you think you know it all :
Yes learning is a continuous process that we will get to know more as time goes on down to infinity, but I still maintain my stand that we shouldn't over look the beginning, because the beginning is the most difficult part of a new journey. Your positive and negative feelings is developed from the beginning. Some people who didn't do well in bitcoin investment was as a result of not well knowledgeable about bitcoin and what bitcoin entails, they rushed to invest Thinking it's a get rich quick scheme and after they invested and it didn't work that way they God disappointed and start looking for cheap shitcoin hoping for greater return as a form of short wealth expecially the newbies. So they need to be thought properly so that they will not rush in and rush out so quickly and see bitcoin as a slow way of achieving there goal.
12  Economy / Gambling discussion / Re: When you are confident with your picks, do you win most of the time? on: May 23, 2024, 05:59:32 AM
I would like to ask everyone here who is into sports betting for some advice. I've come to realize that maybe I should start fading myself. I've noticed that my recent gambling journey hasn't been profitable, so I'm thinking maybe I'm missing something. I tried an experiment by just recording my picks and then betting the opposite of my analysis. Surprisingly, this resulted in profitable betting.
There is no perfect strategy in gambling. I think you where lucky to have played the opposite side and you won. But that doesn't mean that pattern may be the best. The only thing i am suggesting is that you will need to play the both. After Playing the main game you you play the opposite side, there may be possibilities between the both sides. And when playing such game, the amount will be splitted into two equal part. If the stake amount is $10 you will divide it into 2, play half $5 in the original game and $5 in the opposite side, sothat if the main don't play the opposite will play.

13  Economy / Gambling discussion / Re: How has big wins and jackpot stories affected your gambling habit? on: May 23, 2024, 05:40:22 AM
I just want to know, How have jackpot stories affected your gambling routine?
I don't think much about jackpot stories because I believe everything in life is based on timing, your time must surely comes someday so Thinking much about jackpot winning may Leed you to spend unnecessarily or gamble aggressively and becomes addicted.

Have you ever increased the amount you normally used in betting just because someone you know won big by betting with a greater amount?

 
I usually increase the amount I play with. But not because of the amount won by others but just that I feel like to increase my betting when I have extra cash and I feel like to increase.
14  Other / Beginners & Help / Re: How can i make some coins that wort something? ??? on: May 23, 2024, 04:59:42 AM
I am begginer with crypto , is there any possibility to earn something?
I don't really get your point but if what you mean is how to buy a coin according to the topic, then you can buy from an centralised exchange or or you can buy via decentralized P2P wallet from a friend or relative who is into crypto currency.  Although you are a newbie but with time I believe you will know more better. It's just a gradual process for you to know it all.
15  Economy / Economics / Re: Starting a business without capital. on: May 23, 2024, 04:41:02 AM
I disagree with that we don't need money totally to Start up a business. I want to tell you that there is no business without money and time invested on it, for example before you start affiliate market, you need the  internet skill and will pay to learn properly. after which you'll buy a new device either laptop or mobile phone including the data you spent online each day to work. So you can see that there is no business you will not at least spend a thangible amount of money. I think the title of this your thread should be "starting up a business with the least capital" I
16  Local / Nigeria (Naija) / Re: Scam ads on Bitget on: May 22, 2024, 06:47:32 PM

This is exactly what happened to me this evening at bidget. I sent 32 USDT from another exchange to bitget account which was reduced to $28.67which I was angry about it, secondly I saw #1500+  when I placed the Oder I didn't see that the price has changed from #1500+ to #1370. I have initiated the the Oder before I saw the price. The guy quikly send me #39k instead of the #43k I initially saw. i replied him that am not happy about the deal. he just said I initiated the deal I had no option than to release asset but I told him I will tell my friends to be careful with him on bitget. below is our conversation


So I have learnt my lesson today, and I will be vigilant next time.
17  Economy / Speculation / Re: Buy the DIP, and HODL! on: May 22, 2024, 05:53:28 AM
One can be as aggressive they can ,but without over doing it, just as  sir JJG usually Said. Because most folks usually make alot of mistakes when it comes to being aggressive, mistakes like using their emergency funds to increase their rate of Accummulation without having any backup plan . Which may lead them tampering with their investment, for instance $500 is someone monthly salary and he or she decided to go all in with it without having any reserve funds he or she can take as backup funds , they may endup withdrawing their investment too early and the painful part is that they won't just withdraw the $500 back they may even endup withdrawing everything from their wallet . That's why is better to keep accummulating with any amount you know you can use at that moment, the main thing is that yah being consistent with your accumulation.

Yes.. that is a fairly good point to highlight I_Anime.. so in the beginning if a newbie investor tries to be be a bit aggressive or even a bit overly aggressive in his investment into bitcoin, he might feel good for a while, but he is not going to be in a very good position if by surprise he finds out that he was actually too aggressive or even that he had put himself into a kind of emergency status because of his over aggressiveness.
I_Anime made a good point. that's true, and most at times the reason why newbie are usually aggressive during their early days of investment is simply because of misinformation which may be gotten from social media influencers and friends whom they might have heard pretty good things about bitcoin, without DYOR. so surely they end up becoming agresive of investing. because they feel left out for a long period of time, and now see it as an opportunity to get rich quick without knowing that bitcoin investment is all about patient, perseverance  and having a longer time horizon and also having a proper investment strategy and having a regular fund in discretion or reserved. though I don't blame newbies perhaps the name simply means a novice which implies that they are new. so after some time they will be in good position to know how bitcoin Investment works. but that depends surely on the newbies and his understanding of long and short term investment time horizon. because most of them who don't have focus may get distracted along the line due to social media influencers promoting some shitcoins instead of Bitcoin.

If people are not used to investing, by fault they might become a bit overly aggressive in terms of considering that some or all of their bitcoin could serve as a kind of emergency fund in the event that mistakes are made, yet surely that is not a very good way to invest into something as volatile as bitcoin.. so if the thoughts are that none of the funds that are invested into bitcoin can be touched for 4-10 years or longer, then that kind of a mental framework might be helpful in terms of investing a bit less into bitcoin while building the various other systems of emergency funds, reserves and float, and surely once those are decently in place and have been practiced for a while, there may well end up being abilities to become more aggressive with the disposable income that is then coming in, than would have otherwise been possible without having those various systems in place and without having some periods of practicing your systems and getting good feels for where the boundaries are.
of course yes, having a focus of HODLing bitcoin for 4-10 years is surly a good mental framework but having the mind that all fund should be invested in bitcoin without considering the emergency, reserved and floats, is where the problem lies. in as much as people love to have enough money invested in bitcoin shouldn't blind fold a person not to know the rule guiding bitcoin investment. surely if a person neglect the bitcoin investment strategy, he may end up becoming agresive. thats why it is often said repeatedly that before we consider investing in bitcoin we should think of emergency and reserved or float, because that is Only the win strategy.

18  Economy / Gambling discussion / Re: When I'm emotional, I LOSS! on: May 22, 2024, 04:19:20 AM
I have this problem, and based on my personal experience, I find that sometimes I get challenged but not too greedy because I don't have a problem quitting when I'm winning. However, when I'm losing, that's where my struggle lies.
It's a general thing, people don't get tired when they are wining but when they are losing. That's why it is good to control your habits in gambling sothat there wouldn't be a need to regret when you lose. There should be a balance inbetween wining and losing. Meaning your staking power should be equal wether your winning more or losing often, because most people tend to play with small amounts of money on a regular basis but when they start wining they start increasing there fund hoping to wing bigger, but when the game didn't work out as they planned they become worried and emotional.

19  Economy / Gambling discussion / Re: Never borrow money to be able to gamble on: May 22, 2024, 03:50:18 AM
The worst thing that any gambler can ever do himself or herself is to go borrow in the name of using it wager to get double or triple of the money in gambling where that it profit and lose side is on equal scale, borrowing isn't a bad idea or bad thing to do but it is only good for business that is already established and for a situation where it has already known that an additional fund into that business will boost its profits, and not borrowing for something like gambling and trading where the profits and losing side involves a 50/50 chance of win /lose.
The majority of people I have seen do this are some gamblers who are greedy and addicted, these people can go extent and do anything to make sure they raise funds to gamble.
That is true, it's only Gamblers who are greedy and addicted are the ones that can do such thing. In as much as am concerned, there is no point taken loan for gambling. I have come across most people who take loan for gambling and how they have disgraced and embarassed themself simply because they didn't use the money wisely. just like you said a loan should be taken for an existing business, that is true. a gambler is not supposed to take loan. For gambling rather should be a business that is more profitable than gambling which is a game of luck which a loan amount will just vanish in tin air within a second and may never come back.
20  Economy / Gambling discussion / Re: Have you achieved anything from gambling on: May 22, 2024, 03:22:44 AM
I have never achieved anything that I could be proud off from gambling. I only consider gambling a fun activity and all I achieved from gambling is the entertainment only. I'm not someone with a very good luck especially when it comes to gambling but I really enjoy the gambling session and that's more than enough for me.
Exactly I equally haven't achieve anything tangible from gambling but has been able to maintain a regular wining  frequently despite it is Small. Though sometimes I get tired seing myself win little bucks while some win huge. But that doesn't mean much because gambling is a game of luck. So we really have to accept it the way it is by not being borderd atol that much, since gambling is for fun and not a place of quick money.
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 ... 68 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!