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1161
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Economy / Trading Discussion / Re: Bitcoin trading or Investing in the stock market
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on: January 23, 2023, 11:30:05 PM
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Diversifying the investment is good choice, but it needs to be done in the right way. I'm much used to cryptocurrency trading than investment into stock and other form of investment. I find cryptocurrency trading to be much easier than stocks and forex. One who have used to cryptocurrency trading will never think of other form of investment, though it have got high risk.
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1162
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Alternate cryptocurrencies / Altcoin Discussion / Re: Is the bear market over?
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on: January 23, 2023, 11:23:16 PM
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I cannot tell you for sure that the bear market is over bu what I can tell you is that a ne accummulation phase has taken place. We may see it goong down to its current support but I actually believe that thrre is an accummulation phase ongoing.
Indeed. It is difficult to know whether it is over or not.  However, surely there is already a good improvement in crypto market. Most crypto coins have big increases in prices (value), it indicates that we have a better situation now. I believe as long as BTC can stay above $20k, crypto market trend will begin to be better and better. It seems BTC price to start raise constantly, so we can expect the prices of altcoins will grow, too. Although we don't know if the bear market is over or not, we can see that crypto market looks better this year. There cryptocurrency market have started moving good. Along with this, it have received good level of acceptance as more firms have begun to accept cryptocurrency into business. Mass adoption close to the days of halving will trigger the market movement. In this regard we're already at a good position with not much of opposition for bitcoin compared to the past. Countries too tried to develop their own CBDC which at any cost doesn't disturb the growth of bitcoin. |
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1163
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Economy / Economics / Re: Can I take a loan to invest in bitcoin?
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on: January 23, 2023, 11:15:11 PM
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"Can I take a loan to invest in bitcoin" this question was asked by a friend
My reply to her is this:
It is generally not advisable to take out a loan to purchase Bitcoin or any other cryptocurrency. Cryptocurrency markets are highly volatile and the value of a particular coin can fluctuate greatly in a short period of time. This means that the value of the coin you purchase with a loan could drop, making it difficult to repay the loan. It is important to do your own research and make sure you understand the risks before investing in any financial product, including Bitcoin.
What is your advice?
Well, borrowing money to make an investment is really risky. The only type of loan which pays off is a loan to invest in expanding your business. All other loans actually do more harm than good. But... Bitcoin is very special. It's known to follow a 4 year cycles and we're currently very close to the bottom of this cycle. So you have a decent chance Bitcoin will keep going up for the next 2-3 years and you're likely to earn some money. Anyway, it's not a financial advise, everything is up to you.  Loans for investment into cryptocurrency is similar to spending on gambling. Because we make a prediction, if the outcome is correct we'll be the winner. But, unexpected results mostly eat the users money. This is the reality of the market, and according to the above suggestion having patience will reward. |
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1164
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Bitcoin / Bitcoin Discussion / Re: FTX drama stressing people for no reason | How to stay neutral
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on: January 23, 2023, 11:02:12 PM
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Anybody that choose to stay away from cryptocurrency because of the mistakes they had made will be a wrong decision for the to leave the cryptocurrency market entirely. There is no level in our lives that we can't make a mistake that is while we should be more open to adjust and learn so that we can make a better decisions that would work for us.
The thread title perfectly States the reality. What we came across with FTX is a drama. What happened was big collapse in the market and the same had the impact on bitcoin market. This is the common understanding, even if the FTX collapse hadn't taken place we will be sitting at the present value of bitcoin. Only then it is possible to experience gradual growth and reach big connected to halving. |
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1165
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Economy / Gambling discussion / Re: UK fines online casino for only asking KYC from winning gamblers
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on: January 23, 2023, 09:51:17 PM
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Almost every gambling platform does this and they never find it a serious issue, as they never look from the user end. It is good to allow deposits only after KYC verification. We users of different online casinos might've experienced it, but the support teams easily give a solution as the platforms doesn't want to degrade the reputation of the platform.
The competence in the gambling industry paves path for the success and give the best comfort for gamblers.
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1166
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Economy / Gambling / Re: What do you appreciate more Desktop or Phone
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on: January 23, 2023, 09:45:01 PM
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Definitely desktop. I value good user interphase with phones a lot but as we are talking about transferring and using cryptos.
Combination of a tiny screen with not so reliable touchscreen and my clumsy fingers is a recipe for disaster. I am constantly writing texts to wrong people in different chats so i wonder how many ways i could mess up transactions and betting.
And i most likely have better security in my desktop as well. I am not as aware about spying apps and malware in android but i know they exist. With a laptop i am more comfortable as i know how to keep everything clean.
Each user have got difference of opinion using different devices for the purpose of gambling. I'm much used with mobile devices for gambling. Once I gave a try with desktop and it looks like something new, though I played the same game that I spend often through mobile phones. For me it looks like gambling with mobile devices bring good win and I feel comfortable as I can gamble when I wish tha just allocating time to sit in front of the desktop ans gamble. |
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1167
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Alternate cryptocurrencies / Altcoin Discussion / Re: What makes you into crypto at the moment?
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on: January 23, 2023, 09:04:50 PM
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The money that I can make is the prime reason. Next thing I doesn't have much knowledge trading stocks and I find cryptocurrency trading to be much easier. The increasing adoption will surely cause big change in the price. Looking ways to enjoy the same I'm into cryptocurrency at the moment. I was one among the list to miss the previous ath. Now waiting with the expectation to experience the pump in the upcoming halving.
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1168
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Excessive greed is detrimental to investment
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on: January 23, 2023, 09:00:36 PM
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there is nothing big to lose if we will only invest small amount I mean just a chicken part of our money and try out chances to buy something we can afford to lose though it isnt advisable to invest in shitcoin yet I knew that there are some of us who truly trusted those coin for sometime now.
Yes, When we invest what can be afford to loss then the investment turns to be risk free. Most of the time people turn greedy looking someone who have won big out of shitcoins and memecoins. We need to understand it is their luck that brought the profit and not the perfect prediction. |
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1169
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Looking for the Next Great 1000x
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on: January 23, 2023, 08:49:08 PM
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Just move forward with the flow of the market and never be greedy or have some plans to invest with the expectation of 1000x return. In the past it happened and people were ready to have patience. Now the same isn't the situation which makes these kind of expectation failure to analyse and invest on the right altcoin. Expecting 1000x will happen and it is pure gambling.
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1171
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Economy / Gambling discussion / Re: Cricket match prediction discussions
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on: January 22, 2023, 11:15:35 PM
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BTW, the ICC has proposed a 6-team tournament for the 2028 Olympics. I am surprised. They should have went for a 3-team or 4-team competition. Anyway they want cricket to be played only by the pig-4. So why include more teams? All the other team sports (including football and field hockey) are having either 12 or 16 participants, and the ICC has suggested to limit the number of participants to a minuscule level. If that is the case, then why even apply for Olympic participation? Also, they don't want any qualifier tournament. ICC wants the 6 teams to be decided on the basis of their rankings. What a load of crap?
I was also shocked with this news that ICC is proposing they want to go with the 6 teams in 2028 Olympics which is surely disguising because most of the sports associations were more teams, but they are still living in 19th Century and never want to come out of this poor mindset which is not allowing cricket to have better exposure and big markets which could be more profitable. Here just they want to live with 3 or 4 countries those have control and rule with their own strategy and policies, but they are missing many points as they can lose this all if they will not allow this exposure and more entries with mostly things can go into mess up, and we can face troubles which could be surely not profitable for the game now in next phase they need to work out on T20i and franchise leagues which is future and have better value for the player future as well. That's true ICC is not ready to grow cricket world and introduce new countries in Olympics like fifa is doing it eith fifa . This is like an experimental attempt by fifa which they are conducting in 2026 and that'll be a successful one indeed but icc is not willing to do anything like that. ICC being the wealthiest organization in the world wants to keep hold of the power. Right now it is few countries that control the authority and decides what to be done. When more teams enter this won't be possible, when countries stand against the authority they were supposed to take decision based on the majority. There is big politics and they never take cricket to the Olympics for sure. |
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1172
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Economy / Gambling discussion / Re: Basra Stadium Stampede (football match).
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on: January 22, 2023, 11:11:52 PM
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We can't blame the football fans, if the organisers have arranged it in the better way this could've been avoided. When a football match is being conducted, surely the organisers will know about the expected crowd.
Football fans won't directly get into these kind of activities. In the past there might be some fans who used loopholes to enter the stadium and watch the game. The same might've got spread and at the time it is impossible to have control. Hope these kind of stampede won't happen again.
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1173
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Economy / Gambling discussion / Re: QUESTION: For Gambling Enthusiasts ❗❗
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on: January 22, 2023, 11:06:32 PM
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Seems the same thing for me, but of course casino A is much better and more fun in my personal opinion. Because you can literally enjoy the game and its not stressful compared to the second option. Imagine you don't know how good your opponent to a particular game and the question on that as well is if it's real person behind or just a bot. What if? For sure you will end up losses afterwards. Lol
When we play against player, surely there arise a question. Whether it is a real player or not? Maybe the confused mind itself keep your game down. Better is to enjoy the casino games that gives excitement as well as disappointment. My choice is Casino A and I'm surprised to see the voting is high for the Casino B. |
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1174
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Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod]
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on: January 22, 2023, 11:02:40 PM
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They way indian team play these ODI series against newZealand and against SiriLankan, it totally show how strengthy is indian batting lineup. his recent performance show how well they prepared themself for upcoming ODI format event like upcoming Asia Cup which is in ODI format and also the upcoming ODI ICC World Cup in India. I am pretty sure that these recent ODI series win will put pressure on other team , every team will be fretted to face India in these events.
Australia will come to play against India in February and hopefully the Indian team will beat Australia in the same way. Everyone know that India are really in good form they dominant all the opponent in these recent series, Thier play do what exactly they need, but like other Australia will not be an easy opponent for India, it will be very challenging because most of Thier player play in IPL and they have great experience about indian pitches, so defeating them will not be easy, although India are in great form but Australia has some gaint batter who has ability to spoil indian bowler. The way India have started playing cricket has become a trivial matter for them. Especially in ODI matches they have been performing well. And the next match is the third ODI with New Zealand and here too India is confident to win. No team can beat India in ODI match It is very believable We all know that India is performing very well at present but it does not mean that India cannot be beaten by anyone. I myself support India. But you will notice that even before the T20 World Cup, we could not imagine anything except India. But that India had to leave. I have confidence that if India can beat Australia and England then they can win this World Cup. Moreover, they can perform better as they will play in the home ground. I will also not disagree with you but performance says that India is going much ahead from of all team Among them, the youngsters of India have been able to perform well in batting and bowling. And there is talk of Australia and England between them, Australia's situation is not very good at present, moreover, India should think a little more about England. But I think India has also the potential to beat England. India used to be good with ODI matches than the T20 format cricket. In ODI we can expect consistent performance, because even if someone fails the next one takes responsibility and brings run. Over the last few matches the bowling squad and the batting squad have done good job. India with the present form will beat any team, because kohli hace come back to the form. This gives the confidence in chasing targets and on first batting India have got batting lineup till the 9th player. |
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1175
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Economy / Gambling discussion / Re: Test Cricket Prediction and Discussion Thread [self - mod]
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on: January 22, 2023, 10:58:55 PM
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Test cricket is never going to get better. And by that, I mean test cricket is never going to get back the popularity or fame that it once had. Right now, even if people have lots of free time, they still do not want to see test cricket because people know that it actually might be pointless in the end because after 5 days it can obviously be a draw.
As far as I know, just cricket is actually mandatory in every series. It was probably done from the last year. But I am not sure though. I do not see test cricket being an important part of cricket now. And I believe cricket will progress a lot faster without a test format.
I totally agreed with you regarding this now it's already lost his charm long time ago and in near future we have no chance for the test format to have any positive development because mostly peoples have no time for this specially in subcontinent region which is currently main hub of the cricket even Australia and England are also having good fan base, but now things are completely change, and we are going into new era of this game with the new formats like T20i which is the future. But, most chances this test format will be survived and have good time to stay in progress with the help of top countries which are still spending good amount for the development of youths for this format which is also good because we still need this all for few more years as well. As mentioned, T20 cricket is the future. Very few countries were able to spend on test format cricket which is one reason and another thing cricket boards too weren't interested in making the test format cricket survive, giving opportunity for the new teams. Whether it is the top teams or the bottom ones on the test lineup, players performance were measured through test format cricket that is being played within the countries, like the county and club matches. |
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1176
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: How do you feel about market recovery
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on: January 22, 2023, 10:52:09 PM
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I don't think it's too late to buy any crypto in this recovery period, you don't have to buy bitcoins, we can even buy other cryptos that have the potential to be profitable in the long term, so there's no need to rush to buy them this year, after all, everyone will buy lots of cryptos anytime
It's true that it's not too late to invest, but if you don't choose bitcoin then I think that's your biggest mistake. Can you tell me which altcoin has long term potential? Honestly, other than ETH, I don't see any altcoins worth investing in for the long term. If you think now is not the right time to invest, then when? The best time to invest is 2022, but if anyone missed out, 2023 could be the last year for us to accumulate before the bulls return. Yes Bitcoin has always been an investment choice that no doubt is profitable, apart from Ethereum i think a coin like BNB is worth investing for long term, The most important thing is to do research before investing. Doing the analysis before investing is a must, by the time it is also a must to know the risks of the market. Just think of the market crash out of the much expected platforms in the Cryptospace. It happens when the managing part fails. So, cryptocurrency market moves were highly unpredictable and we keeping ourselves prepared for the worse scenario will help us keep our portfolio undisturbed in all market situations. BNB is good for long term among the altcoins list due to the exchange backing as well as different plans executed in keeping the market progressive for BNB. At times it is clearly known that the market of BNB is manipulated when rest of the market is in the bearish trend. |
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1177
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Alternate cryptocurrencies / Altcoin Discussion / Re: What Is The level of impact of FTX crash on Your portfolio?
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on: January 22, 2023, 10:48:16 PM
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The FTX issue didn't really affect me that much save for the value of some of the coins that I'm holding. Never lost a single coin to FTX, so there's still that but the crash that it brought to my assets kinda hurt. Thankfully though, in the first few weeks of January, we are seeing some good development on the price of bitcoin. Still a long and winding journey to where we were a year and a half ago but we're getting there (hopefully).
Also, if there's anything good the FTX fiasco brought forth to the crypto scene, it is the much-needed awareness that everyone should have on custodial wallets: not your keys, not your coins.
FTX holders were mostly the whales and the high profile cryptocurrency investors. Throughout the thread it is very rare to see users affected much out of the crash. From the very beginning it is being taught, spend what you're able to afford to loss without life getting disturbed. Another thing it is good to go with bitcoin than anything else. It looks like majority of our forum members follow it and that's the reason why much aren't affected. |
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1178
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Bitcoin / Bitcoin Discussion / Re: Bitcoin increased my mental awareness
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on: January 22, 2023, 10:42:56 PM
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I have been learning about bitcoin for a few years, and the truth is that I have also felt that I have more understanding of world economic movements and my forte is not the economy, my forte is the environment and all the care for animals, but I also see that bitcoin can help raise awareness of the environment and can also help raise awareness about animal care, so that there is no more abuse and since it is almost unrelated to these things, bitcoin represents money and Many things can be fixed with money, it's not happy, but it's close to being happy.
Meanwhile the mining process which is the backbone to the bitcoin network is mentioned as a big pollutant. Only through learning we can understand the reality and it is a must to spread the truth about it, because there are people who are highly concerned about the environment and for that reason they never prefer using these kind of technology dependent things. |
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1179
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Bitcoin / Bitcoin Discussion / Re: is it possible to invest in bitcoin to build a country whose economy is down?
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on: January 22, 2023, 10:38:59 PM
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With the legalised usage countries can tax the usage in the right way. This can bring revenue and a small contribution to the economy through cryptocurrency usage can be obtained. This doesn't mean they were able to build the economy through bitcoin. Bitcoin is just the currency as Dollar and Euro, and it have got the technology backing. There is always misunderstanding about bitcoin as the way to eliminate poverty, unemployment and so on. Only through its usage one can know what it is all about than just making assumptions.
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1180
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Bitcoin / Bitcoin Discussion / Re: I managed to invite 1 of my friends to invest in bitcoin
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on: January 22, 2023, 10:32:08 PM
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You have done all this on a moment while shopping grocery. Also you set up his account and help him to invest. You are too fast on doing things, but while motivating other people to get into the bitcoin space you need to give them time to think. If anything goes beyond his expectation, he will get demotivated and discourage others from investing/adopting bitcoin.
Rather you should have just given the introduction and directed him towards different sources available to learn better about the cryptocurrency. This could've made him to understand and decide. Sometimes the positive mind will look for the best and if something disappoints, surely this gonna affect his connection with cryptocurrency. Taking time and directing in the right way is a must in such act of spreading about Bitcoin. |
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