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1  Bitcoin / Bitcoin Discussion / Re: Did you start investing in bitcoin because of some celebrity ? on: Today at 07:25:09 AM
Is it a wise decision to do so or we should do our own research for better results ?
it's always important to do your own research when you want to invest in something and even if a celebrity influenced you to invest in something that they are promoting, you still need to do your own research and understand what they are promoting. sadly a lot of people do not do this and just blindly follow what their idol says and the end result is either they lose their money because they don't know what they are doing or lose their money because it is a scam.
Research has become a necessity prior to investing. Even if most celebrities prefer to invest in that type of investment, still the risk to lose will always be there knowing all investments don’t have guarantees to end up profiting. So don’t just be a copy cat, but do your own diligence to learn. Investment will be more successful if you have the good knowledge and have good strategies to make it work, and not just like you rely on other people’s decision making, regardless if they are celebrities or not.
Exactly. Bitcoin aside, many celebrities are being used to promote something, and of course, because a celebrity endorses it, expect that many people will be attracted to it and start to follow it, even if it is not just bitcoin or crypto currency-related. For me no, I started doing bitcoin or I have know bitcoin because one of my classmate in college introduce it to me by offering me side jobs related to earning bitcoin and from that I started to dig deep and widen my knowledge when it comes to bitcoin and crypto currency and I'm thankful to the person that introduce me to this industry because it keeps me making extra income.

But I don't usually follow those celebrities who're promoting or endorsing some other coins because it's a trend now. Just a mention of a certain currency by a celebrity can be enough to attract potential investors, but I don't believe in that because I follow my own analysis, and before I engage in a new currency or project, I do my own research.
2  Economy / Gambling discussion / Re: Is this true or some superstitious believe about gambling? on: Today at 05:37:57 AM
I boarded a bus going home from the bank yesterday, then I remembered some football match had few minutes to kick-off then I brought out my phone from my pocket to place some bet, immediately I opened the bet app a man sitting next to me, tapped me and said that gambling is Satanic and I should desist from it, at first it sounded so funny and made me laugh but with a serious face he further said that it's manipulated by demons and that's why the house would always have the higher edge. He said he used to be a gambler but stopped when he discovered that and that there are demons helping the casino and sport betting owners to manipulate people into becoming addicted and getting more money from them, they give to selective people knowing fully well more people would lose and they'll gain back what they lost when more bettors lose the old man made it sound real but I don't believe that, i think he's lost too much in gambling before he stopped and is looking for anyway no matter what to discourage people from being like him or he's just being too superstitious. What's your opinion about this please?
Well, I know we know where those that person going or what he is up to, as the OP said the man said that he used to be an gambling addict, yes its a good thing that he stopped and consider gambling as satanic, so we can be sure that he is already stopped playing gambling, but to that point that he will believe that gambling is operated by demons and such I think the experience or what he had gone through must be rough and to the point that he will believe in something like that, well in my opinion we all have different stance or opinion to everything and if that person treat gambling as demonic then so be it, but I don't think it is right to approach someone that is stranger and said that, anyway, its up to the gambler on how will he view gambling is or casino is as long as you know yourself that you are not doing anything wrong.
3  Economy / Speculation / Re: Why Bitcoin Price is Down Today? on: May 12, 2024, 10:23:12 PM
It's more like a natural phenomenal for bitcoin. It goes up when the market choices to go in that direction, no one is actually in control of how bitcoin price will move. So it's normal to see declines in the price at a given moment, and at some time it goes up too.

The only ones who are in “control” of bitcoin is its investors. The sentiment of the people control in what direction will bitcoin go to. Is it upward or downward? It all depends on how the people perceive the value of bitcoin. Is it worth buying or should zi say? It’s simple as that.
True, Although many factor may affect bitcoin nut in the end the ones that making bitcoin increase and decrease its price is its people who invested on it, although no one controls it but believe me if we all agreed to one thing we can control and manipulate the price of bitcoin, for example those whales, they are the ones that has a huge portion of bitcoin holdings and depends on what will they do to their assets they can make the price of bitcoin move, that's why I don't know what factor is affecting bitcoin right now that people are selling their holdings but it is proven that we hold the destiny of bitcoin, without us investros there is no bitcoin that has a huge amount right now, and without bitcoin there's no us who's beneficial to it. So it's normal for bitcoin to decrease and increase; you know that it's volatile, right?.
4  Economy / Gambling discussion / Re: Chased loss, got it back and lost everything. on: May 12, 2024, 10:04:54 PM
Reading this guy confession https://www.gamblingtherapy.org/forum/topic/compulsive-gambler-chased-loss-got-it-back-then-lost-everything-again/ sometimes remind me of myself when I’m still not that fully taking control my gambling habits. I’m sure other players can relate to the part that you still keep playing after recovering your losses for a hope to win a little bit before you leave.
Sometimes, most gamblers don't even keep tracks of their gambling records; Yes! That could help you understand if you're making profit or not. Secondly, it could also help control your habits/ how much/ how often you increase your bankroll.
True, that's why I have my own records or I mean way of keeping track on what is currently happening to my finds in gambling, for example in a week I will allocate $100 worth of funds just for gambling and I have my spreadsheet for that week and every gamble, bet or what I always keep track on it, what amount I used and how much I lost or won, so basically all movements I do in gambling is recorded and from that I will saw if my capital is growing or not, I simply created my own spreadsheet will calculations and such, like an advanced spreadsheet well its easy for an IT graduate, anyway I would say that tracking is important if you value your money or if you want to know if your money is still good or not, in that way you will know when to stop or not.
5  Economy / Trading Discussion / Re: Meme coins signals group here on: May 12, 2024, 12:19:18 PM
I found memecoins signal group they pumped from 30k mc to 50k in few hours.
Why it's special signals of meme becouse they don't talk about project road map they get right to way into point the point is that marketcap targets wich is good as me i don't care really the project i need to see price going up and i make more money from my money.

If it a free signal group then you can take your chances but if it is not then you should better avoid it. Question yourself before joining a y signal group that if they are generating high profits then why are they sharing the profits with everyone. Only whales can influence any crypto price and signal group with few thousand members cannot make any changes to the price.
True but also keep in mind not all things are free, I mean of course they will demand for a fee or donation for the signals because coming up with a trading signals requires experience, skills and analysis and it is not an easy thing so I understand those who will want to have a payment for their signals, it is common, but of course before availing or subscribing to a signals group make sure that those signals are accurate or lets say profitable, and of course if those signals came from them and not from other groupz because it is a sign of a scam group, I would suggest for a community group that does trading because you will learn more from them because they will also share about how they come up with an analysis and they will not let you in your trade, I mean they will help you until the end and will not hang you.
6  Bitcoin / Bitcoin Discussion / Re: Does the world know about Bitcoin? on: May 12, 2024, 10:18:39 AM
Bitcoin is already known worldwide, but only selected groups or individuals actually know and have an interest in it. I'm sure many people know about it or have seen it but don't have a slight idea because it is complex, and many people are afraid to try new things, especially if they are related to money or what. That's why I think if we can just spread bitcoin in a good way or in a proper way, then we could influence other people to invest in it and actually earn from it, because not all things are easy to do and there are risks in everything, so if we can have a proper introduction and a proper guide for other people, then it will be a good thing. So to answer your question, yes, bitcoin is already known worldwide; it just has to be pushed and properly introduced so people will take a risk on it.
7  Economy / Gambling discussion / Re: When did you realize you need to be a responsible gambler so you can continue ? on: May 11, 2024, 11:55:43 PM
Well, I think we all know how to become responsible or wake up after we lose s lot of money and you see the effect of your gambling activities, and yes I also experience being an addict in gambling and I dont want to remember how much money I have wasted just because I want to have fun and I hope that I can hit a big jackpot so that I could have a good life or what but that's not the case, so in order to play gambling and at the same time minimize the losses I learn how to become responsible and control my gambling activity, simple putting a limit or boundary in terms of my gambling budget, when I lose all that I will stop playing or if I doubled it then its the end of my gambling session, so I learned how to set limit and let go of the losses if needed and not chase the losses.
8  Economy / Gambling discussion / Re: They put an end to online gambling: what do you think it's going to happen? on: May 11, 2024, 11:24:51 PM
That with $200 he can stake and win about $100000 daily something that you won't even struggle to get, they can't even pay someone at work monthly up to that amount. So if their is no more online gambling that means definitely there won't be no more gambling at all. So how will you cope in your country if eventually they put an end to online gambling?
I guess what you mean here is N200 to win N100,000, which I have seen many people archive even more, but they can't boast of making that happen on a regular basis because they don't control the game. If it's that simple, then the casino and gambling industries would have shut down by now.
 
But it's very unfortunate that those guys can be picturing gambling as a means of survival when the outcome is not always guaranteed. They have time and a chance to get a real job that can sustain them rather than depending on gambling. 

The fact that he sees gambling as the fastest means of making money without struggling about it is the problem. What happens if gambling is entirely put to an end? I'm sure he will be starting his life all over again. $100,000 is quite a lot to earn daily (that is if this information is true anyway). Yea, some persons can really be very skilled in gambling, thereby increasing their chances of winning, but a visionary gambler who understands that gambling is all about luck will create an alternative source of income from the money he makes from gambling. This will help him not to over rely on gambling and also help find a balance in his life if something eventually happens to gambling. No one should be advised to concentrate on gambling alone, even if they are always lucky with it.

Exactly, the only thing I think will be affected if gambling is put to an end is those who work in gambling. Of course, many people is put to an end is those who work in gambling. Of course, many people will lose their jobs, but the concept that many people will not have a chance to gain a lot of profit because of gambling is a big no. Okay, OP, give an example, article, or any kind of proof that gambling can generate a huge amount of money for a gambler in an instant, because I'm sure more gamblers are losing a huge amount just because they are thinking that they could hit a big jackpot and turn their lives upside down.
 
That's why its hilarious that OP think gambling in that way, maybe he is also delusional and wanting to earn big in gambling, little advise OP if you continue that then just maybe your life will not be in a good path.
9  Bitcoin / Bitcoin Discussion / Re: When is it right to invest in Bitcoin? on: May 11, 2024, 12:05:58 AM
-When is it the right time to invest in bitcon?
Actually there is no specific right time to invest, you can invest anytime, for that you have to hold for a long time. If you invest at any time and hold for long term you can definitely profit. Now it is better for you to invest in DCA method. If you invest in DC method then you can buy bitcoins at average price. There may be an opportunity for you in the short term, as the Bitcoin halving is complete and everyone is waiting for a bull run. So if you can invest in DCA method from now then you can expect to make good profit in bull run. But to invest you need to have the ability to hold the investment for long term.
Exactly, but also keep in mind that even if you invest in bitcoin using DCA, you still need to consider when to enter the market or when to buy it. Of course, even if you only buy a fraction of bitcoin, you will still need to buy low and sell high, meaning that you will buy bitcoin at its low price and hope that it will rise up so you can earn. Everything that will be done in bitcoin should be done with analysis and with carefulness, because if not and you just buy bitcoin at random times and moments, you might see red numbers in your account or portfolio. Investing in bitcoin is great, truly, but keep in mind that you will still need to consider many things, not just buy and sell, and also consider having prior knowledge and skills in bitcoin so that you can hone it and eventually master it.
10  Economy / Gambling discussion / Re: Where Will It Go If The Money Comes From Illegal Source on: May 10, 2024, 11:38:48 PM
Part of casinos' terms of service is banning your account if you cannot justify your source of income or they think it comes from an illegal source, so if a casino bans your account. You have 6 digits in your account; where will the money go, and do they have the right to keep the money? There is no provision; I read they will turn over the money to the authorities.

Is it legal for casinos to keep the money?

This discussion is based on a question of our bro seoincorporation

Casinos ask for KYC to avoid money laundering, but if the gambler isn't able to give the requested data then the casino keeps the money. If the casino keeps the money isn't that Money laundering?

Let's have an open conversation on this



Depending on the severity of the case when that money confirmed from money laundering then the authority of the law requires them to keep that money temporarily. The casino itself has no opinion but to hold that amount of money at their custody just for investigative purposes.
Money laundering is rampant, particular with drug cartels around the world, and I believed it's really uncomfortable which other illegal activities used gambling as their front image just to hide themselves.
That's why KYC is importsnt and it is really needed in order tk avoid this kind of scheme where money laundering and many other crimes related to money can be done, that's why I dont get it when a gambler is oppose to the compliance of KYC because we know what is the purpose of KYC it can be served as the security for both the platform and customer, and the platform has the right to lock the account and to lock its funds if the accusation is proven, that's why I'm not against KYC because its either we comply or not and if not then you cant use that platform, there are some platforms that dont require KYC but think again will you not let your funds be safe in case a casino will lock it for no reason? And also have some suspicion because KYC serves as security, and if a platform doesn't have that, then expect that the platform is suspicious.
11  Economy / Gambling discussion / Re: What you think about Casinos rewards? on: May 10, 2024, 10:44:25 PM
WellI have open quite some account just for the sake of the reward, the thing is bonuses such as welcome bonus and deposit bonus is an effective way of attracting potential customers that's why I think many people are going to open an account to a casino website just for bonuses and I'm one of them and believe it I only created account and deppsit once in somne of the platforms that I have an account after that no activity, because I only use those websites that I know is more reliable and trusted and of course its better to focus on one to two website casinos only because whos gambler will need a multiple casino website right? And also, we cannot ensure that all websites do not have a problem complying with KYC, which is a common problem on some platforms that give their customers a hard time signing up on a casino platform.
12  Bitcoin / Bitcoin Discussion / Re: Bitcoin Will always Survive on: May 09, 2024, 11:59:23 PM
If you are referring to cryto that may have issues in the future, then you should mention altcoin. No matter the attacks on Bitcoin, I don't think the technology can fail. For some reasons, such as decentralization of Bitcoin and the fact that the founder of Bitcoin (Satoshi) is not known, the only way to stop Bitcoin transaction is if internet connection is disallowed, and it's  not possible to do that.

I actually believe that Bitcoin will continue to live. Although we can not predict the future.
You do have a point. The technology of bitcoin, I think, has more to offer. I mean, for sure, in the future or following years, some might integrate the technology of bitcoin, which is blockchain, which is a good sign that the technology of bitcoin can be used in more implementations, and of course, bitcoin itself. We can see many projects derived from bitcoin, and I think the only limit here is, yeah, the internet; without it, bitcoin or any crypto currency will not survive.

That's why I also believe that no matter what bitcoin will always reign, it will not stop to impress and shock us, and the time that all bitcoin is mined, we can expect that it is not the end; maybe it will be the start of a greater technology and implementation of bitcoin, and I believe in the people that invested in bitcoin that we will not let bitcoin fall down.
13  Bitcoin / Bitcoin Discussion / Re: What is bitcoin for you? on: May 09, 2024, 11:12:39 PM
Well the first even crypto currency that I have known is bitcoin and I'm sure all of us are the same as bitcoin is the most popular and know crypto currency out there and while I'm in college bitcoin is that one that gave me opportunity to earn on my own with the help of my friends, and that open the door to more broad field of crypto currency and thats the start of me thinking of way to earn, in short to be independent to my parents financially, so for me bitcoin is money it is given and of course companion, because it open a lot of opportunities, knowledge and a lot of things to be explored, so bitcoin is jot just a money maker for me, thats why no matter what happens I will keep on holding bitcoin assets until the end, that's my way of thanking bitcoin for everything.
14  Economy / Gambling discussion / Re: What are the main points of gambling? on: May 09, 2024, 10:39:46 PM
Gambling is now part of my addiction at work and when i don't have money i borrow money from my friends and bet. But i have seen that almost most people gamble to make money so it should not be considered as a pursuit. When you get too addicted to something the amount of damage won't shock you. There are many people who lose bets again and again because they want to win. So those who are establishing themselves in gambling always have a risk taking attitude.
This is already the first signal that you need to take a break and get distracted for a long period and master some hobby. If you understand that you are addicted and are already starting to give away money because you don’t have enough of your own, this is bad and will only lead to worse consequences in the future.If gambling only brings losses and debts, this is the beginning of a big problem.
Exactly, and if this keeps up then itnwill worsen things, as the gambler will be desperate to earn money because they already in debts and financial crisis they will still hope that someday they will hit a big win in gambling which is I notice that is common to the mindsets of those addicted gamblers, its not that they are addicted to gambling just because they want to waste money or what, some are considered addicted just because they keep on gambling despite that they are in crisis, well that's the only way they could think of, if they will not think straight, those gambler should know how to assess the situation, those who could not do it means they have a weak mentality and mindset, a gambler should know when to stop and to fix first the problem before it become too big, just like a fire, a gambler should know when to out out the fire to prevent it to spread and ruin everything.
15  Economy / Gambling discussion / Re: Peoples expectations about casinos free spins on: May 09, 2024, 10:20:44 PM
Believe me, even a free spin is a good welcome gift or reward to a casino. You are supposed to not expect that because, no matter how much free spin the platform will give you, you will notice that you are not going anywhere. What I mean is, have you heard or read a news story or article about a gambler winning a huge amount of money or hitting a jackpot just using a free spin? Yes, maybe winning some amount, but as we know, it will eventually be gone. It's not that I doubt the free spins of an online casino, but the thing is, I've never heard someone win a huge amount using only a free spin; it's only meant to attract potential customers so that they will deposit to the platform and play. Never in my gambling life have I ever won a good or huge amount using free spins; it will eventually be gone because you are going to use your remaining spins.
16  Economy / Trading Discussion / Re: Reliable, low fee(s) exchange on: May 09, 2024, 09:57:33 PM
Well currently there are countless of exchange in the markef, many new exchanges are emerging because they are seeing the potential of this kind of business, in fact many new exhcnages are doing a project meaning like an airdrop to those who will use their platform early and it is one of a good way to attract potential customers, so you just need to find one, you coulddo a search in internet and search for the top exchange platform out there, I suggest that yeah you also participate in a project created by an exchange for a chance to have a good profit by their rewards or airdrop,, but of course do be careful because you might stumble to a scam exchange, you need to do assessment first before using an exchange, you need to do it for yourself because no one could help you if you mistakenly use a scam exchange.
 
17  Economy / Trading Discussion / Re: TRADERS are not UNEMPLOYED on: May 09, 2024, 01:51:54 PM
Those who think traders are unemployed are basically fools. Because traders are not unemployed. They are their own boss. And they own all their decisions.  They decide when to trade and when not to trade.  And traders decide their trading style by themselves. Those who are skilled traders earn a handsome amount by trading. Although this is not applicable to everyone. Because there are many traders who have been trading for a long time and have not achieved much success. There are also many traders who are trading  Has benefited a lot through.
I think if we start trading instead of sitting unemployed it can bring us a lot of good things. But I have seen that people who are busy with trading can get good idea about trading. But I have been away from trading for a long time before now again.  I have started trading again. If you trade you can earn good amount of money from here but for this you have to have a good idea about trading.
Its easier to said, I know we know how dangerous and risky trading is and if not done with care and catiousness it will cause a lot of money from us, yes trading maybe an alternative to stable jobs, it can be treated as full time job but imagine the stress and anxiety you may get, only strong willed and strong mind could handle it and at the same time can handle different situation, I'm pointing is that trading is not for everyone so if you are thinking of letting go of your stable job and focusing on trading then thing again, you should know that you might expect to lose some in the process and you might want to think again before deciding and changing your profession, or if you can you can keep both, you can trade daily only and if you have time while you are doing your stable job.
18  Economy / Gambling discussion / Re: Is it proper for younger ones to gamble? on: May 09, 2024, 10:55:30 AM
If the kids are taking gambling more seriously than their school then they have to check out the parents if they're guiding them properly.

If you know someone personally OP that they've got kids or the kids themselves are more focused to gambling than their studies, report it to the school administrator and to their parents.

With too much usage of the internet is also helping these kids to get more of gambling and that's why, proper guidance and limit of their usage is a must which is the duty of the parents.

I agree with you. Lack of parental supervision is also one of the major factor causing the increasing rate of bad habit and practice in teenagers. If the parents play there role with a strong hand of discipline I doubt this will be the case at least the fear in the children will limit the extend to which they incorporate such habit.

If those teen now take gambling as a source of income how then are they gonna live in the years coming.

And again, parents are to blame. The thing is, yes, parental guidance is a big factor or responsibility of a parent so that their child's will not commit crimes or do bad influence and bad things that are not appropriate to their age, but we all know parental guidance or parents looking out for their child is not 24/7, meaning if the child is going for their child is not 24/7, meaning if the child is going to school then the child is out of the guidance of the parents. No matter how strict or how the parents guide their children, if the friends or the people surrounding them are a bad influence, then there's nothing a parent could do that.

In short, if the child is in the right mind, he or she will not let himself or herself be involved in something like gambling, which may result in bad happenings following that. The parents should not always be blamed; they can't monitor their children 24/7.
19  Economy / Economics / Re: Ever dreamt of turning your passion into profit? on: May 08, 2024, 11:08:59 PM
Gaming, yes, I know it might not be considered a passion, but the thing is, I really like playing games, and I have dreamt of becoming a successful streamer where I get to play whenever I want while earning. It is not an easy thing, which is why here I am working in a corporate setting and being stressed all day. I know I want this line of work or field of work, but I imagined that what if I really pursue streaming? I think I could live every day entertained and satiated playing games while creating a community that will support you. I think that is a good dream, but for now, I think it is impossible because I have my own responsibilities now and I need to prioritise them. So if there is a chance, maybe, just maybe, it's still not too late to do streaming, and you know, live the life that I want.
20  Bitcoin / Bitcoin Discussion / Re: Do not get discouraged by the current price of Bitcoin on: May 08, 2024, 10:50:31 PM
      I agree with the topic made by OP that no matter what coins we hold, even if their price falls, don't look at it as a reason to be disappointed; you should take it as something that is a good sign that you will invest even more save it.

     There are many who use this method, and from what I have seen, it has been an effective method for most. Stay positive, even if you are facing something bad in this field of cryptocurrency.
The price of Bitcoin always fluctuates and sometimes the price of Bitcoin goes down a lot. there is nothing to be surprised by these because even if the price of Bitcoin falls, it will rise. If you invest in Bitcoin for the long term, then there is no reason to be disappointed by the price of Bitcoin.  Because if you dig past history, you will see many amazing history of Bitcoin.  Bitcoin is a coin with a lot of potential, which holds a lot of profit. those who are shocked by the price of Bitcoin will not get anything good from Bitcoin
Exactly, does who discourage becauss they see how big of a price a bitcoin has, little they know they can still do investment or holding bitcoin even a fraction of it, in short DCA, many new comers in bitcoin doesnt know the existence of DCA which is Dollar cost average, meaning you could brough fraction of bitcoin based on what can you invest for example a $1000 dollar or even just a $100 you could buy bitcoin and hold it, but to maximizs the profit in this investment you will need to hold it long term and of course with the right timing of buying your asset you could earn a lot from it, so even you are just going to buy and hold bitcoin you will still need to understand when and where at the price of the market is the good timing to invest, in short you will still need to invest in knowledge and skill about bitcoin.
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