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1  Bitcoin / Bitcoin Discussion / Re: Trump vs. Biden is almost like Bitcoin vs Fiat on: June 12, 2024, 10:56:29 PM
With Biden vetoing this crypto bill to allow corporations to be their own custodian & just being anti crypto in general & Trump preaching crypto to remain a priority in the US & also saying he would ensure protecting holders rights to self custody. Trump is literally talking about crypto policy with Elon Musk & saying how he is going to do all these things like grant pardons to high profile crypto bros its just wild. Its kind of fun to watch, also very funny how when I think about it Biden vs. Trump is sort of similar to Fiat vs. Bitcoin. Thoughts?

I don't believe anything that politician says during their campaign period as they can change their words later and we can't do anything about that. He might be pro Bitcoin now as he needs votes from anywhere he can get them but when he enters the seats of the president, he'll forget all the promises he gave to the Bitcoin supporters. I think they both are fiats and I don't believe anything any of them are saying. Bitcoin doesn't need any of them for it to keep succeeding.

Any of them that wins won't matter as they can't stop Bitcoin. My thought on this matter is that Donald trump needs to do more than seeking the support of the Bitcoin supporters as he needs more votes from fiats believers than he does from Bitcoin believers to win the seat of the white house therefore he should focus his marketing elsewhere and leave us out of their politics before we become victims when the campaigns are over.
2  Bitcoin / Bitcoin Discussion / Re: How many Bitcoins do you own or have you collected until now? on: June 12, 2024, 10:46:58 PM
I got BTC by buying on the exchange and at that time the market was green, around 0.022 BTC from my work savings. Indeed, at that time I wanted to hold onto it for some time but a few days later the market corrected and went down more and more so I decided to sell my BTC and was only able to hold on for 2 weeks.

The reason why I'm quoting you is to remember this reply when I come back in 10 years time. Maybe someone would had asked the same question the OP is asking and this thread will be recalled. You are making a mistake by selling your Bitcoin this early, we are closer to the bull market and soon the market will begin to pump therefore you are doing the wrong thing by selling now. You could have just held on for some more months and you can sell higher to buy again when the price falls.

I don't have enough Bitcoin bought and I'm not happy about that. I wished I had more Bitcoin by now so I can have profit when Bitcoin all time high comes but I barely have upto 0.2 Bitcoin. Before the year ends, I'm looking to increase my holding amount to 0.5 Bitcoin then I can wait for the all time high to come so I can make some profits before rebuying during the next bear market that will come after the bull market end.
3  Economy / Gambling discussion / Re: Gambling is a fun activity but it has some potential to be profitable sometimes on: June 12, 2024, 10:29:28 PM
Consecutively,not all gamblers consider gambling as fun.Initially,gambling for fun wouldn't put you into so much risks and losses,together with the intentions and thoughts of fixing the aftermath of such damage.A fun gambler is supposed know that gambling for fun ends for with fun.If Gambling is a game,then not all games should come with losses.
If you want something profitable and productive,then its not gambling.

Gambling is not all an entertaining activity as you'll always have something to lose. If you aren't losing your money then you're losing your time that you could have used to do something different that'll be better than gambling and can give you good income. Many individuals are only gambling just to make money and they don't think that gambling should be only for entertainment. A gambler that knows everything there is to know about gambling knows that sometimes it might just be about the entertainment.

When you lose you shouldn't be bothered about the money that you lost as you might have gained an experience that is going to help you when next that you want to gamble. Gambling is not everything about making money but having to enjoy the games that you are playing and having a good time while doing so. Gambling can be entered as well also be profitable but it all depends on the Individual gambling.
4  Economy / Gambling discussion / Re: The real winning of gambling is withdrawals on: June 12, 2024, 08:46:06 PM
Whenever I win, I usually feel this strong urge to gamble more and also increase the amount I'm using to gamble. I do fall for this urge most times and the result is always disastrous as I end up losing the money I won with great pain and regrets. The only time I can say I have won is when I make withdrawals and possibly use the money for something else. As long as the money is still in the platform, there is a high chance of using it to gamble more. I decided to create this topic to see how other people manage their winning in gambling. If I notice a better approach, I will switch immediately as I don't want to continue experiencing the pain of winning and later losing the money again.

Withdrawal are important after winning as if you don't withdraw then you haven't won fully. After I gamble and I win, I always withdraw my profits. I might keep the capital that I used in funding the casino account to make it very easy when I want to gamble again but I always withdraw my profit as I had left it on my gambling account before and ended up making use of all of it to gamble which I lost therefore I don't make the mistake of leaving my capital on any gambling platform again.

If you're feeling the urge to always gamble you might be getting addicted to gambling without you knowing therefore you have to be cautious. Being cautious will help you to be monitoring the things you are doing and those things that need to be done to prevent an addiction from happening to you as it will result in very bad things. If having money in your gambling account makes you gamble more than you would have to then don't keep money there anymore.
5  Economy / Gambling discussion / Re: Trading or gambling? on: June 12, 2024, 08:30:51 PM
What advantages do you think sports betting and card games have over trading and investing?

I think the advantage is the possibility of wins they can get you. Trading can't give that much profits in a very short time but gambling can give you that profits. If you're lucky you can play multiple sport betting games and if they all click, you're going to become a very rich individual but when trading, you'll need to have a very good Idea on what you're doing or you're not going to make it at trading. Trading needs patience to study the market and need you to learn it very well.

But gambling depends on luck and card cards also depends on luck too and how good you're at playing them as you might not have the right cards but sometimes you can be able to convince your opponents that the cards in your hands are good ones and they'll forfeit the game by giving up. Card game also depends on the skills that you have in playing them but you can win too without having too much experience although that isn't much possible with trading.
6  Other / Off-topic / Re: Is getting addicted to gambling right or wrong? on: June 12, 2024, 08:23:01 PM
One  of the most important thing in gambling is knowing how it works and the strategy on it and all the navigator involved on it, in the part of getting addicted to gamble is because of how you value it and how often you involve your self in all the games and gambling activities,but I don't see it as wise decision to be addicted to gambling because you will end up losing a lot that you can't imagine, I just few wisely because that is the best for me and it reduces the risk of everything and predict your game very well

Gambling addicts are loser therefore there's no benefits in getting addicted to gambling as I have earlier said. No individual can know how gambling works as if they know then they'll always be making money and won't stop gambling. If this continue then the casino will run out of business as they don't have money to keep paying the gambler that is winning. Some casino has made it a rule to ban any individual that keeps winning to not be eligible to play in the casino anymore.

Casino don't want to lose therefore they'll always set the odds to be in their favour to get more money from any individual that wants to gamble using their casino. Getting addicted to gambling will make you to become the favourites customer of the casino as they'll always want you to be coming to their casino for gambling as you'll be giving them money. Gambling addiction is never a good thing to have as a gambler.

7  Economy / Trading Discussion / Re: What happened to the crypto market? on: June 11, 2024, 10:26:31 PM
The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?
If this down continues, investors are likely to lose their capital. Now some tokens are worth 4:1 since my investment time.

The market has many reasons for it to start dumping, sometimes this dumping happens because a resistance level wasn't able to be broken as Bitcoin tries to go up. What is happening to the market is normal and doesn't call for alarm. The market doesn't move in only up direction as the market has been doing before the dump started happening. This is just the market taking a break as soon the market will resume its movement up and we might break a new all time high in this month.

Majority of the tokens follows after Bitcoin therefore anything that is happening to Bitcoin will also happen to them. And if Bitcoin price falls, tokens prices will fall more as they don't have strong hand investors but only those individual that are trading the tokens because they want to make money.  Bitcoin is going to recover therefore you don't have to panic about the price dumping, this is very normal after the market has been rising for sometime.
8  Economy / Trading Discussion / Re: Wait for the right set-up on: June 11, 2024, 10:16:08 PM
In my opinion, if you see the setup you want in the market, you should trade. Seeing the setup you want will not always show up, and it needs a lot of time. It's an opportunity, I would always trade with that setup because waiting can sometimes cause unnecessary decisions that will lead us to trade without the clear analysis.

This doesn't work every time as sometimes you have to wait before you buy, when you see a token that you want to buy you have to monitor the market to look for the right time to enter the market to buy. You should also monitor Bitcoin and buy when the market is dumping, right now everything is dumping and it's a good time to buy. A trader has to have patience or you'll be selling when the market hasn't reached it full potential. Many traders make the mistake of selling too early.

If you wait, you'll have time to know if you're making the right decision to enter the market at that price that you're selling. It's not every market dump that we're supposed to be buying as some dumps just don't stop but they'll continue to be dumping and if you bought you'll be losing money which is not what a trader needs. We are trading as we want to make money therefore we have to be very cautious of the decision we make so we don't get it wrong.
9  Other / Off-topic / Re: Is getting addicted to gambling right or wrong? on: June 11, 2024, 09:56:50 PM
Gambling addiction is process in which an individual cannot control their urge in gambling even when they tend to lose. They are willing to sacrifice their most valuable assets with the hope of winning. A story was told of a young man in my community who used his only son for gambling because he was so addicted that he can't do without gambling in a day. he can do anything when it comes to gambling. I also know people who are wealthy today through gambling. So, is it wrong to be too addicted to gambling? how can it be control or how can one manage gambling?

It's wrong to be addicted to gambling, saying too addicted means you have gone too far. You shouldn't be addicted as it'll make you have a very bad experience when gambling. Gambling addicts don't get anything good from gambling but they'll be losing money always. Gambling addicts don't have good reputation in the society as they are seen as failures as gambling addiction can make you to do inhuman things as the man that use his child from gambling did and lost.

You can become a gambler but not an addicted one, ways you can use to avoid getting addicted included planing your gambling. You don't have to be gambling every time as that will make you become addicted, you can choose when you'll gamble and only use small money to gamble and not large amounts. Gambling is a very addictive activity and it needs you to be extremely cautious when you're doing it or you'll have very bad experience.
10  Economy / Gambling discussion / Re: Gambling is a fun activity but it has some potential to be profitable sometimes on: June 11, 2024, 09:50:01 PM
If gambling is considered a fun like you said, gamblers will not be mourning when they loose. Alot of people see it as an opportunity to make money and become rich and that brings the bad side of it that they lose the little money they have most times. You can not win against casinos all the time. Only those who gamble sensibly with what they can not regret see their loss as nothing much, but they do not realize they keep losing what they could have saved for other things. Gambling is not fun.

We have two types of gamblers and this is how gambling will always be as we will have those that are only gambling as they want to make money, this type of gamblers will be depending on gambling for money but we can't have only this type of gamblers as some individuals will have other reasons why they're gambling. Some of them can be gambling to pass time as they do not have anything important to do for the time while others are doing it to spend time with their friends.

Some individual will only be gambling as a form of fun but we can't have only this type of gamblers as there's high rate of poverty and some individuals want to try out their luck if they can win from gamble to have money to feed as they don't have any job or skills that can fetch them money. Some individuals have been surviving through gambling therefore they won't agree with you when you say they shouldn't be gambling because they want to make money.
11  Economy / Gambling discussion / Re: How were you able to handle a losing streak up to 5 times and above? on: June 11, 2024, 08:21:29 PM
Lesson so far, the need to manage risk is highly recommendable, stick to plans and never go above your plan, all this while my profits have been much higher than my loses, but a single week took the majority of those profits, Therefore, even though you are these profitable person in gambling just as I have been all this while, there may be a rainy day for you and what would protect you are these strategies in place.

Planning properly will makes you to become a good gambler as if you're not planning on how you stake your money, you might gamble away all your profit just as you experienced. This is a mistake that every gambler can make therefore do not think that your gambling paths are over but dust yourself up and plan how you're going to be more focused from now on and you might turn this sad experience around and make more profits when you gamble more in the future.

Losing five times isn't a big deal as I have lost more than that before, I have once places a bet on 10 different teams and lost all. The bet didn't go as I expected were those games that ended the way I expected still had extra times added to the game and the team that I predicted to win, won in the extra time therefore my bet didn't go through. When we lose when gambling, we just have to learn our mistakes and try again as we can't just give up hopes on potential victory.
12  Economy / Gambling discussion / Re: Online gambling increases computer education. on: June 11, 2024, 08:12:54 PM
It can be true for some traditional gambling platforms that usually have mobile apps available and there are also other mobile gambling apps that are only apps and have no web interfaces, and people use those for gambling as well as I have seen a lot of gamblers gambling on their phones using such apps.

Yes I also noticed more gamblers are preferring to gamble on their mobile phones through the Casino apps than to gambling on their website or go to a traditional casino. Online casino are making individuals to get use to using computers and other related devices as our mobile phones and tablets. Gambling online is increasing gambling activities and this is making computer education to increase. Alot of gamblers are getting familiar with how to use the casino apps.

More individuals are getting used to using computers as everything is now being used with computer as we are getting into a digital age. If your business doesn't use computer you'll not be getting alot of patronising from individuals that are not in the location that your physical business is located. Traditional casino aren't making the profits that online casinos are making therefore having an online casino is now better than operating a physical located casino.
13  Economy / Gambling discussion / Re: Gambling mistake repeated by the gamblers on: June 03, 2024, 11:51:46 PM
And I believe that a gambler who cannot ignore greed in himself is those who do not understand how gambling really is, most likely what they know is only the chances of winning in gambling but not paying attention to other possibilities such as defeat which will actually always be a part. This means that most likely those who will be able to ignore greed are those who only make gambling a place to have fun, because they know that it is too risky to do various actions that tend to be excessive in gambling.

The individuals that see gambling as a place to make money can also avoid greed and not only those that see gambling as a place for entertainment. I think it depends on every individual as greed is a personal thing that if you do not allow it to take control of you, it would not have any effect on your life. There are some individual that they might be gambling only as they want the ale profits and not for entertainment reasons yet they can control their emotions and not mix it with their business.

A gambling mistakes that I always see many gamblers still making is thinking that they can win the next bets immediately after they just won their last bet but many of them don't know that it was just luck that made them to win and not by their strategy or anything else therefore they don't have the lucky charm to win again and when they play, they are mostly going to lose and then they get frustrated and want to play more just to win.
14  Economy / Gambling discussion / Re: Do people truly risk their money on bets for profit? on: June 03, 2024, 11:44:15 PM
When someone chooses to play gambling, of course they all have different reasons for each gambler and what every gambler definitely gets is a loss and the casino has the advantage of every gambler who bets on their gambling, but for those who can gamble for fun Of course they will not experience too many losses because when they gamble they will know when to gamble and when they should stop their gambling activities.
For those who don't take risks when gambling, of course the gambling they play is not aimed at winning and they gamble just for fun.

Everything can't be in the same direction for all the individuals in this world, there will be some individuals that are gambling for entertainment and others that are gambling for profit. Both set of gamblers can be having fun and getting the best experience that they'll need therefore we don't have to say they aren't enjoying their time or not. Everything isn't about money as there are some individual that money isn't their problem since they have enough of it and just want to have a good time gambling.

Some people loves to risk their money with expectations that they'll get more money when gambling if they're lucky they'll be successful but this doesn't happen all the times as gamblers are losing more than they're making and this is why we have many gamblers getting frustrated from gambling as they'll losing their money to gambling yet they can't stop gambling as they are now gambling addicts.
15  Economy / Gambling discussion / Re: Double your money and quite on: June 03, 2024, 11:35:59 PM
Different strategies work for each person in gambling. There are some who use good techniques but are not getting good results. There are others who are winning there without applying strategy. Luck plays an important role here. In terms of sports betting, I usually give more importance to the ranking of the team in international matches, and in any French league, I observe the performance of the team and other factors well before betting. But this strategy doesn't always win me betting. I have to rely on luck.

Double your money is easy to say then to achieve, before you can double your money you would have already lost some money therefore you'll not only be playing to double your money but to make back the money that you have already lost as if you don't make back the money then you didn't double your money since the casino still has some that they have gained from you. This is what makes gambling to be a very addicted activity as you'll always have something that you're trying to achieve but can't.

Sport betting doesn't depend on luck mostly since if you pick the stronger team, you'll win more than you'll lose as the strongest teams always defeat the weak teams in sport. Real Madrid won Dortmund as they were the better team in the champion league and if you ever thought that Real Madrid was going to lose, then you don't know anything about football but there's no doubt that in some situations Dortmund wins the game.
16  Economy / Trading Discussion / Re: What are your experiences & recommendations for trading bots / algos? on: June 01, 2024, 04:29:41 PM
Are any of you using outsourced trading solutions / bots / paid for automations - if so which? Or are you trading solo?

I don't know for others but I don't use bot when trading, I have had some experience with bots when I started trading newly but they weren't profitable. Bots don't feel like real trading to me as I don't learn anything if I was to make a mistake on the trade and it makes me to lose my money. Bots to me are only for those individuals who don't want to learn how to trade but just want to make money. For those Individuals that are interested in trading, they don't need bots.

What makes you very good at trading is when you have gathered experiences from the mistakes that you have made in the past and also the success that you have had, you add all those experience together and you will make better choices when you have trading problems. Trading bot will make you lazy and not have any experience to trade when you finally want to start trading by yourself and not bots.
17  Economy / Trading Discussion / Re: What type of a trader/investor is this? on: June 01, 2024, 02:32:26 PM
Altcoins are all the same, I don't differentiate between junk projects and utility projects because there is also no guarantee that the top projects will survive in the long run. Investing in altcoins is short-term speculation and unlike long-term investments in bitcoin, once we make profits from them, we should take profits. Don't naively believe what they advertise and think we can invest long term in altcoins, it's very risky.

All altcoins aren't the same, we have altcoins that are contributing good things to the cryptocurrency market and we have those that are just here to make you lose money and if you keep buying them you might have nothing left. Memecoin are some altcoins that are just not worth buying but the layer 1 coins that help in bringing new utility to Blockchain as Ethereum and Solana are good altcoins that you can buy to hold for long term and you can make profits.

The type of trader or investors that we should be is that one that does his research before buying or trading any cryptocurrency. You can make money from any altcoins that you want to buy or trade but if you do not research on the project, you would not make profit unless you're lucky. Do not be the types of investors or trader that just buy anything that they see without researching.
18  Bitcoin / Bitcoin Discussion / Re: Failed crypto project will promote bitcoin more on: May 31, 2024, 09:00:00 PM
altcoins=>tokens=>airdrop>bitcoin
At the end of these exercises investors will turn to bitcoin as the best to invest because of it quality it has. When beginners are going the wrong way in investing cryptocurrency their is nothing that can be done to stop them but the experience they will go through their is a lot to learn from it to true back to the right thing which is bitcoin.

There are some things that can be done to stop newbies from making wrong investments mistake, we shouldn't ignored newbies going the wrong way by asking them to learn from their experiences. We are here before them so we can help to guide them to avoid making mistakes. Investing in over hyped cryptocurrency is not good investment but many newbies are investing in over hyped cryptocurrency as they don't know but think that they're doing the right thing.

We aren't financial guide to newbies but we can give them some helps that will prevent them from getting scammed. The less individuals that are getting scammed will make more individual to trust cryptocurrency but if the scams keep rising we mightn't have any individual left that'll be interesting in investing by buying some cryptocurrency for holding as the media will keep saying the cryptocurrency market is a scam one that will only make you a loser.
19  Bitcoin / Bitcoin Discussion / Re: Why Are People Not Interested To Listen To Success Stories Of Bitcoin Investors? on: May 31, 2024, 08:49:28 PM
Over the years there has been a lot of sad stories regarding the people who lost money as a result of wrong investment plans on cryptocurrency (Bitcoin) we see them channel most of the stories to bitcoin mainly because it is the most popular cryptocurrency they know or the people who told them the stories mentioned bitcoin since they believe people will give them more attention if they talk about the most known cryptocurrency( Bitcoin).

There are many individuals who do not understand the difference between the different cryptocurrency that we have, they consider all of them to be the same thing therefore when they're telling their stories, they refer to the coins that they had bought as Bitcoin when it wasn't Bitcoin that they bought. They think that every cryptocurrency is as Bitcoin as they think they'll make same profits that those individuals that invested in Bitcoin are getting but they won't.

They don't listen to success stories because they think that they're fake. They already have the mindset that cryptocurrency are scams that no individual is making money from but only the scammers are the ones making money therefore they don't want to believe anything that says cryptocurrency is good. People don't listen to goodnews but are more interested in sad news because it gives them satisfaction.
20  Economy / Trading Discussion / Re: Best Exchanges Nowadays on: May 30, 2024, 06:35:41 PM
There are lot of exchanges in the cryptocurrency market now but not all are good to trade and some of them have fake and scam vendors. The ones that have fake and scam vendors in my country are Kucoin, Binance, bitget. And you know why I list those ones because their vendors that appear at the home page (first top 10) of the exchange platforms are just there to manipulate the economy of the exchange. And how are they manipulating the economy, but inflation their ads to a higher rate which they would not trade with you when you place order and all what they would do is to negotiate with you to reduce the price against their tag price on the platform.

I don't think the user was referring to P2P exchanges that have lots of scammers and fake advertisers on their exchange scamming newbies that don't know what goes on there. I think he was referring to exchange that you can buy Bitcoin through spot trading. We have many good ones as those that had scam practice has lost business and no longer functioning. I won't give you any names but you can use some of the instant exchanges on the forum that you can use your credit or debit card to buy Bitcoin.

Some of them also accept local fiats and you might not need kyc high level verification to buy. The popular exchanges that are centralized will need you to verify your KYC therefore if you are confirmation with much kyc verification, that's when you can use them to buy Bitcoin. Apart from kyc verification, I don't see any other things that is wrong with using some of the popular centralized exchange that has been mentioned.
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