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801  Other / Beginners & Help / Re: Here are some forum features that I discovered after spending some time here. on: October 12, 2023, 04:34:59 PM
Nice discovery and a perfect search, the more you're here on this forum the more you continue to make new discovery about the forum if you keep exploring it, learning is said to be a gradual and continuous process, if you're being active and interested in learning and growth, then this place might just be the perfect ground for you, it's a large community without boarders, serving members with various opportunities when they are being just to themselves, you still have more to discover over time in additions to these, keep up the good works.
802  Economy / Speculation / Re: Buy the DIP, and HODL! on: October 12, 2023, 04:21:40 PM
Using the DCA approach is still okay because it helps to avoid the overthinking of not buying at a lower price than the current market price when there has been a price reduction at some point. Because of the volatility of the market and the price action that comes with it,
DCA is a safer approach so that you'll have points when you should buy and what will be the amount that you should purchase for those points.

the DCA approach is still the best way to accumulate bitcoin. When there is a drop, you can also use it to accumulate more bitcoin than before. The dip is not certain and cannot be predicted, but you can always accumulate gradually using the DCA approach.
Those that don't have an option but only to DCA can do a lot better unlike those that don't buy at all. But if you're blessed and you'll be able to buy with an entire amount on the spot, honestly I think that's better.

If you're a potential investor, then know that DCA is one of the best and most flexible means you could use to acquire bitcoin because it has the ability to reduce the rate at which you could experience loss whenever the market goes unfavourably dip, then as everyone has already contributed, it is very important to know the process of how to observe this hodl, when we invested, we work towards a specific target and have to patiently wait till the target is being accomplished on our stead and if the market goes the other side, being unplanned for, we have a reduced rate to how we can incure or experience the losses that comes after through the DCA pattern already used.
803  Bitcoin / Bitcoin Discussion / Re: What encouraged your continuity in Bitcoin investment and Bitcointalk forum? on: October 12, 2023, 04:05:35 PM
You can agree with me that the forum alone is one of great asset that could help one to retain and maintain his stay with bitcoin because this is why the forum was created, to take along everyone who is into bitcoin on the same platform and discuss together which everyone knows that bitcointalk is serving the purpose, there are other opportunities one cannot mention all that we recieves from bitcoin adoption and from this forum, experienced users could tell more about this because they have witnessed some already at one point or the other.
804  Economy / Gambling discussion / Re: Not keeping records makes me a bad gambler? on: October 11, 2023, 09:39:22 PM
It depends on the type of record to keep when it comes to gambling discussions like this, what is the benefit of keeping a record that will always bring tears to one's eye if all you had was a perpectual records on losses, there's nothing to encourage one in this than add up to depression because the records aren't enticing to keep, share or see oftentimes, but when we have some outstanding moments with gambling experience, we couldn't wanted to afford loosing these moments with putting them into archive for remembrance, such are good for this purpose and not all we have are disheartening records of losses.
805  Economy / Gambling discussion / Re: Are You Tax Efficient With Your Gambling Habbits? on: October 11, 2023, 09:17:21 PM
If governments do not spend tax money properly they have to take responsibility for it. But the point is that a gambler can pay more tax if he wins big but if he lost his money then my question will govt pay or help the gamblers? If they able to do this then gambler have no problem but it is not possible. The casino or gambling company deducts the appropriate amount for each bet. So government can only force casino or any gambling authority for taxation. But no individual gambler should have any liability in relation to tax.

You'd better asked they spend it judiciously because if they don't you have nothing to do about it, tax is everyone entitlement to pay for and also to receive the benefits of what the money received was being used for, but if we are to look into the gambling sector well, only the gambling organizations are keeping well to paying their tax unlike the gamblers on every successful bets they won, people take that as bonus opportunity to spend their entire winning on gambling forgetting to pay tax or refusing to pay because they think its not necessary on gambling.
806  Other / Off-topic / Re: Learn to be safe and secured online on: October 11, 2023, 08:49:00 PM
Security is everyone's responsibility and it has become very necessary and paramount to protect ourselves from cyber attacks as we engage ourselves online on a daily basis.

If we tirelessly work towards having the best security safety of our bitcoin asset then we are going to remain a difficult puzzle for the hackers to solve the means through which they can use to have access to us and penetrate in, we are in most cases responsible for allowing them to attack us because we unknowingly creates some loopholes that serves as entry point for them to launch an attack, henceforth we need to be very careful with how we appear online and things we do on various websites visited, these alone may reduce our chances of being scammed as well if we give attention to them
807  Economy / Speculation / Re: Bitcoin Up Move Incoming on: October 11, 2023, 05:19:01 PM
Until now prices are still low and it's a good opportunity to buy more. If the halving day was before, there would be a price explosion in 4 or 5 months, so my estimate is that in December or January 2024 something big will happen, in fact many experts believe that in December this year it will happen. new ATH even though currently the price is still low.
The future of cryptocurrencies, like any other future, cannot be accurately predicted.  But that doesn’t stop crypto enthusiasts from speculating about where Bitcoin will go.
Large-scale growth must have a serious reason, or better yet several reasons at once, including mass popularity and market euphoria.

Every predictions we made were based on the present research taken on the current market status and the previous years performances, this is also what every cryptopreneurs leverage on because they understand the reality of what is invol in making an investment on digital currency and bitcoin in most cases than risking their asset on coins that have no much future plan to last long, this same digital currencies have brought in so many opportunities for the people globally and on the same way people targeted the market pump to make their return on investment whenever they buy the dip and hodl, we are expecting more of this bull market henceforth than the bear.
808  Bitcoin / Bitcoin Discussion / Re: WHAT WILL BE THE FINAL SITUATION OF BITCOIN? on: October 11, 2023, 03:49:10 PM
If I didn't believe it, I wouldn't buy and hold when Bitcoin drops in price. It doesn't matter if I buy Bitcoin at any price and intend to keep it and sell when Bitcoin reaches its latest ATH. So clearly, the final situation here is investing in Bitcoin long term. And here it is also clear that we will face a halving next year and according to history, 1 year after the halving BTC will reach ATH, that is the final situation where the value of BTC assets which fell at that time will return or even be worth more.

And those that are just observing and not investing, they will also be the same people to later write an epistle on how they missed the opportunity with bitcoin over the years, sometimes we just look on some other things from afar and not until we move closer we may not understand the reality in those things to how we are seing them afar, bitcoin is a currency that if those people not adopting it use and acceptance could see far beyond where they were actually viewing from, they would have understand it's something they also have been waiting for, we are going more better and bigger with bitcoin from now and so on.
809  Economy / Gambling discussion / Re: Gender in Gambling [differences between Women and Men in Gambling] on: October 10, 2023, 05:04:40 PM
I'm also curious why some members think that women are less risk takers than men! Are there any reliable studies which support such claims?
It's as simple as ABC. Men have higher testosterone levels compared to women that makes them naturally more riskier. It's a known fact that when bodybuilders take steroids that increase their testosterone levels, are getting more aggressive, on another hand, that's known as steroid rage.
Btw if you want scientific proofs, here it is: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2677650/

All being said by you both have their respective points, but it's bot something funny to discover that someone could still be asking what makes men risk bearers than women, honestly asking this alone makee me speechless for which answer to give because one can begin with this kind of argument till eternity and unstoppable, but the little i may add is that women are soft and gentle minded people because they feels they don't need force or struggle to make an achievement in live and they take risk less, a good example is in taking into consideration the numbers of women gambling, the numbers of women on this forum and so on, men are just too strong to stand vigorous situations unlike women.
810  Economy / Gambling discussion / Re: Winning Wisely: Strategies to Protect Your Bankroll on: October 10, 2023, 04:49:37 PM
What is required for this strategy to succeed in the first place is utmost and unwavering discipline. That is something that most gamblers do not have, and do not really want. At least in my experience.
Logically, Martingale never works in the long-term just like any other gambling strategy out there thanks to the house edge. It does work only in the short-term though it's still not recommended since it's a negative progression strategy.

It's a classic strategy to help the house win again and again(Not the gamblers) frankly speaking.

We can agree with me that not every strategies work with all games we play while gambling, which also indicates that people make use of various means to ensure that they get their required result while gambling, also after everything said had been done, it takes them luck to also appears as the lucky gambler to win, however, being a gambler, we must not be too focused on one way view from how we gamble wether for winining or not, our level of discipline, knowledge and skills all work also together with the tendencies for winning when gambling.
811  Other / Beginners & Help / Re: You data is not safe on centralized exchanges on: October 10, 2023, 04:34:23 PM
How do hackers know who to send messages to?

Quote
Hong Kong police warned users of the scam in an Oct. 9 post to its Facebook page dubbed “CyberDefender.”

“Recently, fraudsters posing as Binance sent text messages claiming that users must click the link in the message to verify their identity details before a deadline, otherwise their account would be deactivated.”

Is the message randomly sent to people? I think the hackers target Hong Kong Binance users and that can only be from data breach or insider work.

Quote
According to the post, the phishing scheme has seen 11 Hong Kong-based Binance customers report combined losses of more than $446,000 (3.5 million Hong Kong dollars) in the last two weeks.

If it is someone like me, this is easily avoidable, but what if it gets to the hacker's selling peoples data to thieves and which can lead to physical robbery and attack.

https://cointelegraph.com/news/hong-kong-binance-users-phishing-scam-jpex-crypto-scandal


Why KYC is extremely dangerous – and useless

Maybe newbies may be the ones to easily fall a victim of this kind of attack because when something is coming from Binance or any reputable exchage, one should be able to descern if they are actually from a verified source or not through the content on what they are sending, also, for every user of any of centralized exchanges, there's no privacy and security at it's highest order on such user that guaranteed the safety of one's asset, if you're using an exchange then know it that everything you do there is at your own risk, they can experience any challenges that will directly affect you as well being their user, what they give is not wallet but accounts, all user wallet keys are in their possession, remember not your keys not your coins.
812  Bitcoin / Bitcoin Discussion / Re: Bitcoin vs Precious Metals - the final verdict is in. on: October 10, 2023, 04:21:32 PM
Gold is not going to make someone rich. How many people have you ever seen that say "investing in gold made me rich"? None!

Some have made it through their wealth life through gold, but we must not deny the fact that this is only a centralized physical asset, now that bitcoin arrives, it is targeted on everyone, bitcoin is never like gold which was centralized, bitcoin is a decentralized digital currency and anyone can make investment in it at any time and make profit without having to hold for long, a good example are the traders, you can also work and get paid in bitcoin, just as you have seen it being a digital currency unlike gold which is just an asset but but people were not paid in it.
813  Bitcoin / Bitcoin Discussion / Re: Hodling vs trading on: October 10, 2023, 03:01:19 PM
With all these being  said it is important to note that hodling shitcoin is not advisable due to their exponentially high volatility which may lead to severe loss if not properly managed.

How do we now identify a shitcoin?

There are many possible ways we can know about the project development and their intentions right from how far we were able to make research on the developers, there's no crypto project that will made mention that they are shitcoin even though in reality they were, but we need to deepens and intensify our research on them and part of the constituents we are going to look after are these.

Market cap
Market vol
Developers
Purpose of the project
Liquidity for the project

It is also an important thing to always take good observation on this very aspect that no matter how we have researched about them, there's no assurance that we cannot yet fall their victim of scam.
814  Other / Off-topic / Re: Keeping your gambling habit a secret. on: October 09, 2023, 03:58:29 PM
This is in accordance with the proverb that says, “Everything that is forbidden is desirable,” on the basis of which we find a huge number of users in the gambling industry are from countries where gambling is either forbidden by a religious text or prohibited by a law derived primarily from religious legislation, or both. International gambling companies that are able to provide services to these countries have been able to reap profits in the millions, perhaps more than their users in countries that legalize and regulate gambling activities.

Do you have any data supporting about huge number of people contributing on gambling industry came fro region that forbidding it? It will be interesting if this is true since it only means that restrictions on this said countries is very lousy which their citizen can bypass it. I believe it’s still the country that accepts gambling openly still contributes a lot on the gambling industry globally.

There’s no way an online casino can get license to serve legally those countries with strong restrictions on gambling since the government themselves doesn’t want gambling to spread with their citizens.

If gambling is being kicked against in a particular country, it will definitely reduce the number of participation in gambling because the people will be afraid of being caught and face the legal law, though in some of these countries, we may find it common seeing the people using VPN to access some gambling platforms while some of the gamblers may be taking the risk of gambling in their closet or through the online means but privately, for someone like me, i will not join or support in any violation of the law, even though the reality is that people will continue to use platforms for gambling privately.
815  Economy / Gambling discussion / Re: Credit card gambling fuels gambling addiction on: October 09, 2023, 03:41:46 PM
How many gamblers make use of the credit card to gamble, using this is not a ground for gambling addiction, since you can make decisions on any other means to follow and use in gambling, gambling addiction is what we should individually deals with and control our personal behaviours towards gambling and the kind of lifestyle we've chosen as being a gambler, all these should be in consideration towards gambling and we must ensure to have the best experience with gambling and not relating it to other things leading to our addiction.
816  Other / Beginners & Help / Re: DCA, the most convenient way to increase your bitcoin as an investor. on: October 09, 2023, 03:19:15 PM
Newbies who have not yet invested in bitcoin or have bought their first bitcoin, or people that want to continue with the increase in their bitcoin portfolio should put in consideration of using Dollar-Cost-Average(DCA) to increase their bitcoin portfolio

I don't think newbies alone should be the ones to enjoy from this great opportunity for using DCA, any other person can as well take advantage in using such because it reduce lost and provide more ability to a profitable investment when adopted, there's nothing hard in using this procedure, all the steps are easy to follow and learn, all in other to have a better experience with bitcoin investment, for more and further understanding, we can read about DCA from here:

DCA Bitcoin
https://dcabtc.com/



817  Bitcoin / Bitcoin Discussion / Re: In Case of Global Conflict, Is BTC The Best Alternative? on: October 09, 2023, 02:46:02 PM
Now, in the face of a global chaos, do you think holding on to Bitcoin is a good idea to protect our assets? Will it be acting like gold which can be so valuable during war?

It depends on how you see bitcoin, handles it and use it, there have been several occasions of bitcoin being a rescue in the face of chaos, when we are a bitcoiner, we have many opportunities to see bitcoin served us, we can also be the one to chiose how we receivee these financial economy benefits either through the investment we made with our asset or i ot acceptance as a means of making payments for our enterprise, considering the name and fame bitcoin had made already without being biased.
818  Bitcoin / Bitcoin Discussion / Re: What to know about Bitcoin Halving on: October 09, 2023, 02:29:27 PM
How is everyone doing? So I stumbled upon a very interesting topic where the user was asking about halving in Bitcoin beginners. The response to that question was so interesting so I thought of sharing it here. Because I believe this answer would clear a lot of newbies and some that don't know about what would happen to Bitcoin during or after halving. I really hope this helps so many people

This is not the first time that there have been discussions on bitcoin halving, alot have already said, bitcoin Halving is believed to occur every four years interval, we are expecting next year to be the next time for another occasions of such experience which always follow by bullrun and then the market go more favourable on bitcoin investors, part of the excitement is the provision for that awaited avenue to be profitable over one's bitcoin investment, there's alot that had already been talked about on halving which have been to every investors advantage and benefits.
819  Economy / Gambling discussion / Re: Gender in Gambling [differences between Women and Men in Gambling] on: October 07, 2023, 07:14:27 PM
When women play gambling, they already know the risks they will face, but women will think twice about going crazy at the gambling table, if women are still within normal limits, but if they are addicted, women will be the same as men and without shame they will say they lost ,
from my point of view with experiences that I see directly from my neighbors

The truth is that women were not as bold as men, they can't take the same level of risk as men do, they like making savings than spending or loosing to gambling, this may also be because they have always rely on men for their financial backups in most cases and also have weak or lower affinity fornany of the gambling related activities unlike men, women were known to have low tolerance for gambling or taking risk.
820  Economy / Gambling discussion / Re: Cockfighting? on: October 07, 2023, 06:55:25 PM

I completely agree with you, in other words, we can say that cockfighting is simply a game for the locals, its a local game which does not need to be aired or offered up for betting on by the casino on a global scale, even local casinos have not picked up on such games, so its practically impossible for us to see such games on international casinos like Stake and the rest.

Cockfighting is more like a game that brings a small community of friends and family together to have fun, like I said in my previous comment, over here in Nigeria, cockfighting is not popular at all, only a very small part of the country engage in such games, most especially in the north, and its always in very small and local communities, the kind of places we call remote villages.

Any ways cockfight is almost as old as traditional gambling but is just that the game is very unpopular due to the risk associated with it and how many people are actually interested in going through all the hustle just to get a cock to fight each other,  the game is not prominent and that why most times a lot of the games as relate to cock fight are mostly done at the tradition level.

You can't see any online contemporary casino listing such games in the catalogue and that is because most players will not be interested in such games since they will be seen asan old school games.

Aside the physical stress that people faced as challenge with the demand needed in getting a desirable cock that can serve such purpose, it has appeared as a gambling whereby gamblers don't see as trending as it could have been in the past, such kind of game may also have lessser odds as compared to other games we could enjoy playing their bets and they have much higher odds on them, all these are are part of what most of the online gambling platforms see that couldn't allow them to give priority in games like this, just as we also like to always blend along with every newly introduced and advanced games, as we know that we are now in a web 3 advanced technology and the gambling platforms are not left out in participating from ay of these new developments, cock fighting is not trending as sport bettings among others.
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