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1061  Economy / Speculation / Re: Can I invest my 60% savings in Bitcoin? on: March 05, 2023, 09:54:52 PM
It is a good decision if you invest 60% of your savings in bitcoin, in other words you have 100% of your savings and of course you have managed your needs well so that you have savings and risk funds or emergency funds for your needs in the next few months. . 40% of savings if you feel enough with it to cover unexpected budgets beyond the budget needs that you have made before.
Maybe I'm trying to understand that 60% is from savings not from the income you have, so I totally agree about investing 60% of savings.
I don't agree with your question, maybe 40% for investment is realistic for long term investment and 60% for allocation for priority needs and some for unexpected urgent needs, if you increase more funds for investment then something you have to cut crypto investment costs for priority needs because you do not have other funds if there is an urgent need for medical expenses. So a wise investor will never allocate investment higher than priority needs, moreover crypto investment is also a high risk unless you are willing to hold it for the next few years.
1062  Economy / Economics / Re: Can one achieve financial independence through crypto currency? on: March 05, 2023, 09:45:20 PM
these days young kids are way too smarter than us. I met an 8 grader who said that he has been investing in crypto and buying currency online
All the money he gets as a pocket money - he invest in crypto. So imagine how will he be doing when he is a graduate.  Those who are smart in dealing with crypto. They can surely achieve financial freedom through crypto.
I hope that investment knowledge for students should have guidance from traders or people who are experienced in crypto, they should suggest only investing as from their pocket money so not all the money they have, if they don't understand the cycle of crypto price movements then they will be easily influenced watching crypto prices decline and rushing to cut losses without seeing a potential recovery in the next move. If they make plans to achieve financial freedom in crypto then they are only allocating a portion of funds for the long term and already have some knowledge in crypto.
1063  Economy / Gambling / Re: Gambler Loses 1.4 million USD in a bet with lower than 1.01 odds! on: March 05, 2023, 09:30:31 PM
Those people who mostly call gambling as source of entertainment are not true gambler instead those are occasionally playing, because if you cann yourself as gambler then you fully understand that this is not a place where to jusy bey and have fun instead this is a place where you bet and may lose or win and sometimes his has been used for living of other people.
We call gambling as entertainment because we are not addicted and must have emotional control in gambling, there are many factors gamblers have lost their money because they are greedy and see gambling as a machine to multiply money, they ignore the risks but do not realize that only luck can win the game, not your odds predict because it is proven that OP has lost $1.4m balance from predicting high odds of winning.
1064  Economy / Gambling / Re: Looking for paying online casinos for refer on: March 05, 2023, 09:22:25 PM
But here I actually have the thought that an established and reputable casino will definitely always pay out every week and you don't need to worry about not getting paid, but casinos like that will definitely only accept affiliates who are really good, trusted and have a lot of once followers on various social media so that casinos can get the same profit too.
We should choose an established casino to promote because a new casino with high affiliate bonus does not guarantee we get paid after getting several affiliates, or it sets high withdrawal limits to prevent withdrawals. There are several popular casino lists in this forum, so we will not be interested in other crypto casino lists, we will be promoting the top reputable casinos and we have experience with the casinos we promote.

Promoting affiliates from a new casino is also high risk, you have never experienced gambling with that casino and are only promoting it because you are interested in the high bonuses that casinos offer, maybe you are an infuelencer it is easy to get affiliates because you have a community group, but without knowing it you have deceived many people because you have promoted a scam casino and many people have suffered losses due to trusting casino sites from your recommendation.
1065  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: March 05, 2023, 09:13:07 PM
i think such a little Troll would be better off if we click ignore button.
We should ignore every troll post and will never respond to his statements, but I don't understand why he assumes negative for every crypto casino, he spreads trolls on some popular casino sites on gambling boards, no one will believe him. Roobet is a casino from a popular list of recommended and trusted gambling forums in the gambling community.
1066  Economy / Economics / Re: Is renting an inevitable waste of money? on: March 04, 2023, 09:58:27 PM
Of course, there is nothing more comfortable than being in your own home. But nowadays, owning a home is not easy. In my country, for an office worker to be able to save up to buy a house, it takes at least 5 to 10 years, and this will be even further for workers. It can be said that real estate is a luxury for many people, so many people tend to rent houses because, in life, we also have hundreds of other bills to pay, not only saving money to get a house.
Building a new house costs a lot of money, even someone with a monthly passive income still chooses a bank loan to build a house instead of saving for several years, the basic items for building a house are increasing every year, but it is recommended that you keep saving for the purpose of building a house because we have to setting limits on rents for less than 2 years, Op has lived 4 years and spent $25k in rent which is equivalent to the cost of a new house for a minimalist size.
1067  Economy / Speculation / Re: Bye Bye Bear Market :) on: March 04, 2023, 09:53:37 PM
No problem that Bitcoin still can't maintain $25k, it is normal there are corrections before it really moves above $25k. It is still March, we are still in Q1 of 2023. I think Bitcoin price begins to move above $25k in Q2 of this year, so just be patient to wait for the corrections for a few weeks. At least, the price of Bitcoin can stay above $20k now, it is much better than in Q4 of 2022.

I don't think there will be another huge dump as in 2022, the price looks like to stay above $20k. Until now, Bitcoin price is struggling around $22k - $23k, seems unlikely to drop below $20k.
We don't need to panic from the current correction low, before also said that bitcoin will hardly reach 20k again but it finally did in early 2023, so right now it's just market resistance after a 40% increase and maybe Q2 we will see a significant increase in price based on market recovery this year.

Opportunity for price increase is very large ahead of the halving, we will see bullish coming soon in Q3 or the end of the year, hoping for a recovery high above 40k to be achieved until the end of the year.
1068  Economy / Economics / Re: Money is for the important things on: March 04, 2023, 09:46:22 PM
Although money plays a significant role in life, it is not always the answer. For example, some people who are wealthy but unhappy due to medical conditions that prevent them from doing what they want or eating what they enjoy, particularly those with diabetes, may have money. Therefore, it is difficult to cure this illness even with your money.
Agree, that money is not everything because rich people with bad medical conditions cannot treat their illnesses even though they are rich but cannot do everything with money, they cannot enjoy their wealth to eat good food and have to reduce their activities to maintain their health. But we must be grateful under any circumstances even though we don't have much money but enough to buy basic food, we have good health without symptoms of disease, so are you grateful for the current condition because money can't change everything.
1069  Economy / Gambling / Re: Looking for paying online casinos for refer on: March 04, 2023, 09:33:30 PM
There are users that also seeks for the bonuses that the casino can give back. As far as I see it, some reputable casinos tend to decrease their rewards overtime, that's I think the reason why some players are willing to play on newly created casinos. Well there are many new popping platforms that seems good so it might be worth a shot.
There are several reasons players try out new casinos because the referral bonus is high but there is no guarantee the reputation and safety of the new casino will be worth using, they want bonuses from referral links and are looking for various ways to gather more gamblers who will join that link. So for anyone please be careful promoting a new casino referral link without doing research will be bad for referral users.
1070  Economy / Speculation / Re: Price guess for March on: March 04, 2023, 09:20:28 PM
I think we have to observe this first week of March to know the whole month of March or its status. Specially, I think that after being under 17k for a long time, Bitcoin is going to take a little break in the first week of March, just like the second week of February after a continuous pump since last January. Still, some things should be taken into account that Between 21k to 23K should have a strong resistance. Then let's see what happens in March, I'm optimistic about March, I don't think it will be that bad again.
The price review for March cannot be used as a benchmark for the first week, even though there was a high correction at the beginning of March but there is a possibility of price recovery at the end of March, but the price resistance of 22k is no longer expected and will soon touch 21k after recovering from the previous high, I hope never to see prices below 20k again and hope Q2 will see a recovery higher.
1071  Economy / Gambling / Re: MEGA:PARI | Gambling&Betting | Deposit in Crypto! | Claim your bonus here 💸💸💸 on: March 04, 2023, 05:54:44 PM
Thanks for the clarification. I’m currently on Bitcoin right now but I will top-up my crypto.com debit card later and try to deposit EUR using it. Is the currency needs to be EUR or any fiat currency that equivalents to 5EUR. I’m living in PH and my credit card/debit card only support PHP currency so I’m trying my luck to use crypto.com card.
Megapari announced an amazing promotion and it is very rare to find that promotion in other casinos, they offer some top prizes to get a Lamborghini car and other giveaways, also another 100 winners to get €100 and many gamblers will follow this promotion it's just an easy task to get 1 ticket for each €5 deposit. I can't wait for the announcement of the first month's prize for 100 winners, hoping I'm one of the other winners.
1072  Economy / Economics / Re: Is taking a loan/debt addicted ? on: March 03, 2023, 09:58:17 PM
A loan is not a problem. This is one of the thing Kiyosaki got right: There is bad debt and good debt. Debt that makes you poor and debt that makes you rich. I will explain: You take a debt to buy fancy clothes, you wear them for a little while, your debt is there to pay. Bad idea. You buy a basic car to go to work, you finance it and pay with the salaries. Good idea. You finance a property at 2%, refurb and sell it and repay, earning 30% in the process. Very good debt.
You are right, you can apply for a loan based on the purpose of the loan as potentially profitable capital for the long term, but if you need capital for the property business then it requires very large capital and is not recommended for loans because you have to pay high interest costs, you must be able to achieve income. higher than the loan fee every month, so loans are still at high risk even though you have experience in the property business because we don't know if we can build a property business to achieve the targeted profit.
1073  Other / Beginners & Help / Re: investment advice? on: March 03, 2023, 09:53:34 PM
Obviously, you do not know the difference between a custodial and noncustodial wallet and what is the safest between the two, I don't recommend you put or hold your Bitcoin in Binance or any exchange, the risk is just too high, go to a wallet where you control the key, and about the possibility of hacking it depends on how well you know about computer security, I always say that once you invest in Bitcoin or Cryptocurrency you are your own bank and so much depends on your knowledge of security.
Although the top exchange, but we do not recommend that someone holds it in any exchange because our assets can be taken over at any time for any reason, we are frustrated from the FTX case because I also lose funds because of the exchange scam, so we have to put assets on non-custodial wallet to be able to control the crypto assets that we have, you must also be able to protect the safety of non-custodial wallets so that no one knows, because anyone who has access to the personal key is the owner of the wallet so be careful when storing the file and is highly recommended to storing assets in the hardware wallet.
1074  Economy / Speculation / Re: Are we now on Crypto bull run? on: March 03, 2023, 09:52:52 PM
It could move or be slower, but I think actually we are in a sideway phase which has quite a lot of price volatility in the $20 - $25 area and is forming a stronger wall before continuing the rally, most likely it will last several months, we have to until Q2-Q4 to see stronger indicators this year.
Based on the sideway phase movement, there is a possibility that the bitcoin price will maintain the price in the lowest area of $ 20k, March is not the expected month for an increase in bitcoin prices because based on the analysis that March last year also experienced a decline and occurred again in early March this year, but I believe that recovery the high will occur in the next month and will take time to form a new support area to pass the $25k recovery price within the year, hopefully in Q2 we will see strong indications to possibly hit a recovery high.
1075  Economy / Gambling / Re: My list of good crypto casinos on: March 03, 2023, 04:25:44 PM
Yes you are right that mate once the casino have announcement thread here in our community it's easy for us to report the owner or the facilitator of the casino because we are here every hours. While playing in the outside casinos which is too risky cause if there's a problem only Thing you can do is report it to thier customer services which is there's a time that thier facilitator not just very active in terms of reporting.
Every casino should have a thread in the forum community to prioritize service for users to report bugs, problems on the casino or other issues, the casino has a service team section to deal with problem reports but risks other casinos have no thread and don't have a discussion group on telegram and discord. Apart from having the benefit of improving service because it has a thread for the gambler community on the forum, other benefits can also increase the reputation of the casino based on ratings from reviewers who have given good reviews on the top casino lists.
1076  Bitcoin / Bitcoin Discussion / Re: Invest in Bitcoin by selling wife's jewelry on: March 02, 2023, 08:18:57 PM
Then afterwards we will hear; Selling household furniture to invest in bitcoin. Lol

In the past some people may have had the same intention to invest in bitcoin or other crypto. They sell jewelry, cars, motorbikes, or maybe other unused items to invest. There is potential for profit, but it's not a good idea if you really can't control yourself against the risk. Even some time ago someone sold a house to invest in bitcoin, it's up to you and them.

It's just that, invest wisely in bitcoin and you can't just believe what you've seen before. We all never know the future or what will cost you your investment budget, so don't go for anything you can't afford to lose, and consider otherwise.
I often get the news when the market is bullish, LOL,

I don't assume that's something bad, they have motorbikes, cars and many other properties but the value of goods assets will decrease when goods are obsolete unless gold has the potential to increase in price, so diverting goods assets for bitcoin investment is not a bad choice but types of goods are not priority for use in daily activities, when inflation many people change their financial strategy for savings and prioritize profitable investments for the future, so the choice of bitcoin is the right choice for that but they must have knowledge about bitcoin before they get involved investing in bitcoin.
1077  Economy / Gambling discussion / Re: Gambling is Neither Good or Bad on: March 02, 2023, 08:00:17 PM
In this era, gambling is not foreign and taboo for modern society. So, it all depends again on someone defining gambling for themselves. Gambling controversy in the community will never go away, about good and bad, some say, gambling is neither good nor bad. however, it all comes down to how we define it. Gambling can be bad, for those who have no control and play blindly. Gambling, can be a positive thing, if someone only involves pleasure in it, to pamper ourselves, by involving a little betting in it. so in the end, it all comes back to each of us and how we define gambling itself.
Controversy about the good and bad of gambling depends on each other's opinion, in general I agree with your statement because the decision to gamble is judged based on the purpose of gambling and how someone will handle the risk of gambling, gambling is not something that is forced and you don't have to gamble if you don't accept it losing funds in betting, wise people will gamble according to the minimum fund limit and just enjoy for fun because they have a reliable football team to bet on in sports betting, so as motivation to support their team in soccer matches, while gambling will have a bad impact on those who gamble without understand the risks of losing and betting high because you want to get rich from the income from gambling.
1078  Economy / Gambling discussion / Re: Why do people go into gambling? on: March 02, 2023, 07:46:53 PM
As we work through the hours of the day, we become bored with our routine job and at that, we will need a little to unwind and have some fun that way gambling games become the best possible lesser activities to clear our heads off, so basically gambling is done for fun and nothing else.
Gambling activities are only for fun when we have free time from the main job, so I agree with that statement because they don't gamble every day and don't aim to get passive income in gambling.

Quote
-But due to the monetary commitment in gambling,  some other gamblers have taken it as a way to make money and may decide to take gambling as a passive means of generating income.
Positioning gambling to generate passive income is very inappropriate because the ratio of loses in gambling is very high, whether slot gambling or sports betting, unless you only target low passive profits and stop gambling after the daily passive profit is achieved, but it is difficult to control yourself if you want to get passive income from gambling because you will be betting above the limit funds and the risk of your gambling addiction will increase so that it will be difficult to recover.
1079  Other / Off-topic / Re: John Fury didn't sign the contract but wants double payment from Jake Paul on: March 02, 2023, 07:26:14 PM

Both of them will not pay up. If Jake won, the Fury clan will also not give all to Jake. Theres the reason why they have not signed the contract.
True that this drama is yet not over. Since they already have fought, it would be easier for them to once again set up a ring for a rematch to maybe settle that doubled-up contract.

Could the verbal agreement be considered in court?
I have no expertise in legal surgery, but without signing the contract there is no hard evidence that they have reached an agreement, the evidence of the verbal agreement on the video cannot be contested because Fury did not accept the challenge before the boxing fight, so he has no right to claim his right to receive a salary double. So only the drama continues if they fight for the rematch promo, maybe fight part 2 will be announced soon.
1080  Economy / Speculation / Re: BTC Sentiment Poll for March on: March 02, 2023, 07:14:41 PM
I thought that breaking the barrier at 28K would be the hardest, as it has been a bottom for a long time since the barrier of 19K was broken for the first time several years ago.
I don't think it's necessary to compare prices with the last few years, but the start of the new year has given indications of a high price recovery, this year the $25k area has broken and currently the market is correcting due to the previous increase, so the $28-30k barrier will be reached on the next recovery high and price will cross $25k within this month, I believe in that prediction.

Quote
In general, if this happens during the next few months, the price has not lost much if we measure it within a year.
I tend to keep the current price as it will be between 23k-24k.
I assume $20k is the lowest support area and hopefully don't reach it, if price range doesn't drop below $23k during correction phase then most likely price will increase significantly in next few days market signal will be waiting for bull market and forecast Q1 for this year we will see prices above $30k.
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