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561  Economy / Gambling discussion / Re: Streamer wins seem too good on: November 18, 2023, 05:28:28 PM
What am I talking about? Well, at least once you must have stumbled upon a stream where someone plays slots. These streams are normally sponsored by the casino that hosts the games. They pay the streamer a salary and even fund his account. So the casino knows who the streamer is, what his account is and when he'll be playing.

I have seen something similar like this in some casinos some few months ago, it was early this year to be precisely. What this guys were doing is that, they were paying influencers to promote their betting platform and in return pay back huge money for endorsements. What the platform does was that, they created two sections, one for real players and the for influencers to use for advertisement. The influencers segment was fake and they never had any loss when they demonstrate the platform to players but when you use the main segment, you lose times without number. This is to tell you that not all endorsed platforms are to be trusted.

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The thing is, that these streamers get big wins so often that it seems very unlikely for their streaks to be happening at random.

We would know this as casinos say in their terms that playing with fun money does not incur the same level of randomness when playing with real money, which is really code for saying that fun money results to more flashy wins when you really can't win anything. So it's not unlikely that streamers are also getting some similar treatment as they don't play with their own money. This can attract their viewers to deposit and gamble with real money of course, but they'll very rarely get the same results.

This is something I've tried to highlight to my friends that want to get  into gambling, but overall not many people seem to be aware.
What has your experience been? Has this affected you or your friends?

You can't convince everyone and don't expect others to yield to your opinion, if you tell them and they refuse to listen, then you let them be for that particular time, when it is time for them to learn, they will learn and when they do, hope it doesn't affect them badly but you must let them decide something because they say that experience is the best teacher.

Majorly, only newbies fall into this streamers because I can't say and I have not seen any person comes out bodly to say that he has won something beautiful from this guys. If you check the streamers, they have something in common and it's that they don't condemn platforms they advertised. Even real platforms that are well reputed get casted for their mistakes but streamers are always perfect.
562  Economy / Gambling discussion / Re: Math and Gambling on: November 17, 2023, 11:32:25 PM
There is also another man called James Simons, who is named the greatest gambler of all, he made more money using math than Chris Ferguson, James net worth is over 20 billions, I was shocked, because I use to think it's impossible to gamble using any skills, this is a skill on a another level, I am mad that I am just knowing this not too long ago.

School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?

When you want to make money, look into the society and find one particular problem and then create a solution to them, you will make a lot of money. Most of these prominent men you mentioned of their creativity using math's to find easy route for gambling actually did the same thing and they made cool money that history will forever remember as we are even discussing right now.

Learning in school is a different concept and squeezing it into use is another concept, they will teach you all need and the rest is left for you to figure out. Look at programming language for instance, you will learn everything from the beginning to the last part and they show you working example but after that, you are left on your own to figure it out what to do with it. This is also why we should hight against people that says school is scam, this not true even in a society where education is poor, the reason why they say this words is to discourage others because they didn't think out of the box to utilize their own skills.

563  Economy / Gambling discussion / Re: What do you bet on when your league is in break? on: November 17, 2023, 11:07:41 PM
This is something I've always been wondering about. Gamblers tend to have a league, be it basketball football or any famed sport, that they tend to love most. For instance in the USA American football and NBA betting tend to be very popular, while in south and south east Asia countries cricket is also very popular among other sports. So people tend to have a league in a certain sport that they know the most about, have a favorite team in, know the players etc.

So what's your experience with this. When your league is in break, do you tend to try to follow other leagues that you're familiar with, or will you gamble on anything really? I'm interested to hear what other people have to say in this matter.

For me personally, I try to limit my gambling to teams where I know at least some players, because otherwise it's easy to get carried away. Really in my opinion, gambling on leagues and sports that you know little to nothing about, only increases the edge against you.

I don't force myself to bet when leagues are on break but I think it's very common for players to at most has a 1 month break, the only time they rest from league is when they are injure, if they are not playing for the League, they should be playing national games. So, I think it's easy to make analysis on national games to bet your favorite team after carefully checking their historical performances and current form.

You can also switch to other like cricket and basketball, that's what many of bettors do and it's more easy to make money on basketball than football according to some analyst which I tried and comfirmed but as of recently, things are not really going well in that games. When you are about win something will just happened that will spoil everything even in die minutes which beg the question if basketball is a control game or not.

However, as I had stressed earlier, if major leagues go to break, kindly go to break too because trying to force bet will only force loss on you which will leave you with nothing but losses. But if you are that good in predictions, it's easy to navigate through nationals and enjoy your gambling.
564  Economy / Gambling discussion / Re: What I've learned so far as a gambler on: November 17, 2023, 07:41:15 PM
If you walk into a casino with $200 and you start playing with that $200 and you win $200, get the hell out, you simply just doubled your money, take your goddamn leave, what do you think you wanna do? Win a million dollars? You will go home empty handed.

This is the harsh reality many gamblers don't want to accept, they don't want to accept the real sense of gambling, it's the house that always win and that's why we often hear that a person go broke from being a rich person to a poor wretched person without nothing again but when last did we hear that a gambling company when bankrupted because they allow people to play and couldn't payout. It's only in a rare occasion you see that happy.

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The next thing that rings in your ear is you can still win another or more, that's the devil whipsering, the art of gambling is knowing when to stop.

The only game where you have some power is in Poker, not the online one, this is the best game in casinos, as making profits off of bad players is possible.

As for Other games, You are at the mercy of the house.

Devil may means different things to different people, I think what drives them to play repeatedly is greed and when they are too lucky for the first time, a gambler that struggle t lo make something from playing will understand and when their games don't come home. They relax and try the next day but a guy who didn't do much is trying win domrt

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No one actually visits the casino to have fun, you gotta trick the mind, I like to think of it has a fun night out and I am going to spend a few hundred dollars and have a good time and if I win it's a bonus, like I've said, you gotta trick the mind.

Always remember this, you are there to win a game where its statistically impossible to win at, it's not impossible to not understand this about gambling, a wise man once said, "if you want to make money with gambling, own a casino".

People are only using that as an excuse. Majority of gamblers are drivrn by the money and nothing like fun, there maybe few well to do persons buts its hard for a poverty guy to  gamble show you.. Many casino you see display in the movies are not what they show on TV especially until you need one. I will always address people in the good ways to live gambling as a source of information.
565  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: November 16, 2023, 11:02:39 PM
Yeah, you are right. Chelsea have been playing brilliantly, their last four matches have been against Arsenal, Brentford, Tottenham, and Manchester City. Chelsea played well and were able to draw Arsenal. From the way they played in the match, everyone believed Chelsea was back to form and they would be able to win any club that came their way, but everyone got disappointed by Chelsea's performance after playing against Brentford, and everyone lost confidence in them. People didn’t believe they would draw or win Tottenham, but everyone has been surprised with the way Chelsea have been playing since they played against Tottenham, in which Chelsea was able to score four goals in the match.

We have seen teams do this many times without number. They doi it in the beginning of the season, some dobit half way of the season and some do it in the end of the season. Chelsea are doing their own in the early stage which is a good sign of progressions but will they continue like this forever. They have impressed me with their last few matches but you will see them soon start their usual rubbish when you need them the most to give you good deals for bets.

If they can win 3 matches in addition to what they have won last 4 weeks will be great for them, they might even be dragging the 4th place soon but the question is that can they dy do it? That's a question without answer but in my mind, I know what they can do for now. I hope they turn new leave and stop disgracing their fans though, at least they will have what to use for defensive arguments and offensive arguments.Grin
566  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: November 16, 2023, 10:54:24 PM
It's just speculation because Madrid don't seem to want to be too exposed about who is going to be the coach or the players they are targeting so their news even though there are a lot of rumors but in the end it's like a wind that has no direction because Madrid always has a way of closing themselves about the rumors that befall them.
At the momentMadrid already have some names for coaching candidates but there is still no further information about this and indeed the names Xabi or Nagelsmann are also only a condition which is only based on rumors.

If Anceloti will be going to Brazil, they will keep it silent and make it official when the season is over but I have been seeing that on Meida since June of this year, and it's giving me doubts about the transfer. Or perhaps they are playing bloggers to persuade Anceloti to come and take the job of coach by fire by force. If that's true, the I will say it's not the best way to go about it and it will only antagonise him more him more of accepting the deal.

Let's say the speculations are even true, I think the man has done a better job to forther put Real Madrid in good place as it were before, nobody comes to a club and stay forever but Real Madrid like doing that, they give their players long contract especially if he is young and very talented, they will used and used them for their own goals until it's of no use to them, maybe that's why Mbape has refused to come the club.
567  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: November 16, 2023, 10:11:32 PM
I think Dortmund would qualify from the group also PSG is in good position to qualify even after being beaten by Newcastle, although it's too early to draw conclusion, I think Newcastle has done very well to be in the UEFA champions league in the first place and have not made a bad showing of themselves being in the champions league after a very long time of absence.

PSG and their Coach has started to blend and I think there is more excitement to come from PSG and I think they would also do very well in coming matches. To be Frank this group is a very tough one.

When Napoli had their first appearance in the Champions League after many years of try and failed, they utilize it very well, until they were kick out of the Quarter final but they represented the team very well. Newcastle had the same opportunity to write their name in history of the Champions League after many years of try and failure, they are just getting worse in domestic league. I don't want to assume because they share the almost the same point with Milan and they could make it to the Europa league, they will go home after his group stage.

Dortmund and PSG are now the front runners of group F but I don't have any skeptism regarding their knockout spot in the Champions League. PSG will be playing against Newcastle but I have seen this that PSG will win this one. The only big obstacles of PGS is that their last UCL group stage match is between them and Dortmund and that is going to be intense game to watch.

Yes, there are only 2 matches left, of course Lens will work hard in the match against Arsenal to widen the point difference with PSV, of course we all know that they currently have the same points, namely 5 points. Of course Arsenal is not an easy opponent to beat.

Of course, this is the last hope for Lens to continue to exist in the next match. If Lens suffers another defeat, Psv gets full points against Sevilla, Lens hopes of appearing next will be dashed. Because PSV match 6 match will be against Arsenal and that too at Psv home ground, of course with full support PSV will not waste the opportunity to achieve maximum results or get full points.

That's if Arsenal are going to allow them to pass through their legs and have that point they are looking for. One thing about Arsenal of this season that I know is that they don't relent because they had what they need, they will destroy Lens when there time comes because they also need to showcase their strength in the Champions League to frustrate other teams that are coming their way in the domestic league, it will strength their energy towards other teams.
568  Economy / Gambling discussion / Re: Can a gambler be a good bitcoin trader? on: November 16, 2023, 09:29:33 PM
I base my question about whether a gambler can become a good bitcoin trader, because both of them share one factor which is risk. A gambler is a risk taker, he stakes his money without knowing the outcome of the game that he is about to play. There is no guarantee that he will win, yet he goes ahead to play, knowing fully well that he can lose his bet. Same thing with a bitcoin trader, he goes ahead to engage in trading knowing fully well that the market can turn around  negatively for him, making him to lose his bitcoin. Yet he goes ahead to trade in the hope of making profit.

There is some misconception of trading and gambling in your explanation, gambling and trading both involve risk but in trading you can still runaway from the risk when you are in doubt but you can't do that in gambling when you are in doubt expecting result, it will give you true of false. In short, in trading you can you use stop loss to reduce risk of market crashing but you cannot do that in gambling.

In addition, Bitcoin trader involves the understanding of the market and learning the indicators but gambling is not like that, you can't even learn gambling, individual opinions is what people risk own and if it's works, they withdraw the profits and enjoy and if doesn't it, which very bad thing to indulge on as a micro level.

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Although there are some differences between the two, like most gambling depends mainly on luck. You play and let luck decide fate of the game, that is the risk factor, because the gambler doesn't have any control or influence to determine the outcome of the bet. Also a bitcoin trader doesn't have any control or influence to determine how the market swings, he takes the risk to trade his bitcoin without knowing the outcome whether it'll be profit or lose. The diffidence between the two is that a bitcoin trader can predict the market, while a gambler can not predict the outcome of a bet, except in sports bet.

So if a gambler where to go into bitcoin trading, do you think that the experience of taking risk in gambling will be an added advantage to face the risk of bitcoin trading?

When a gambler try trading the first time and gambly played like base on what he feels without putting others in contributions, it will take them 3 days to change from that lifestyle because they will lose everything before they know. A real gambler that loves trading will have to go and learn first before even checking for what trading is all about, what are the indicators to use and many more.
569  Economy / Gambling discussion / Re: How discipline are you in managing your bankroll? on: November 16, 2023, 09:12:55 PM
Recently, I've had some issues with bankroll management. Although I've been gambling for years, sometimes I feel the urge to get more action because I'm not satisfied with my winnings. It's as if there's no tomorrow, and seizing the moment seems like the best option. However, whenever I become undisciplined, it usually doesn't end well. My realization is that no matter how good you are at choosing the right bets, without discipline in bankroll management, you'll still end up losing.


If you have been a gambler for long, you should understand how this thing works better, it wouldn't take you to this level before you ask this and I think something must have been wrong somewhere. It's either you are always bored  Angry or you have more free time than your work hour, if you occupy yourself with other relevant and important things, you will have less time to wager all the time, when you realize that you make lost in those windows, you will even be discourage to bet unless you are planning on doing giveaway to betting platforms.


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Could you please share some of your honest experiences here and how you became a disciplined gambler, particularly in managing your bankroll? What factors do you consider to be satisfied and to stick with the game plan all the time?

To me, this is simple. Don't cross over your limit especially when you realize that your loss is betting bigger. Don't think of having luck or thinking that because you got lucky and rollover the last time, it will happen again. Take a walk and exit gambling platform and do the things that kills your time without spending a single fiat to gamble for games. You will improve with time and you must also learn to forget the past losses.
570  Economy / Gambling discussion / Re: Do you guys believe in other people luck and try to copy them? on: November 15, 2023, 10:20:06 PM
Never directly follow others. We always make the mistake of wanting to follow others directly. We always have a thought that if someone else can succeed then why can't I succeed. Just as we don't have to turn our backs on other people's failures, we shouldn't get so excited about other people's success. Profit and loss in gambling will completely depend on your luck and your gambling strategy. If you have enough experience in gambling and if you are a skilled gambler then surely you can do well in gambling so you don't have to look at others. We must learn from others' mistakes and learn from our successes. Learning from the mistakes of others When we make the same mistakes, the lessons learned from other people's mistakes will be useful to you and we will not make the same mistakes again.

One thing some gamblers don't know is that they don't know that betting platforms enjoy it when people follow each other. When people bets and more follow each other, when the source didn't go as expected, the stake becomes loss and the rest of the people follow the same. In that moment, the casino will gain x amount of people that bet that amount. Now when next time is time to try again, only few will play because the initial bet discourage them but the betting platform will let him or few wins and that means they are paying less and winning more from gullible gamblers.

I don't copy others or trying to tap into other gambler success story, my style my way and my peace of mind. I know what I can carry and I know my skills is okay because I know what I can do without over stressing myself. Gambling is a luck and skills but my skills don't fail as other copy bets might affect me.
571  Economy / Gambling discussion / Re: Your parent disinherit you eventhough you have not proven to be chronic gambler on: November 15, 2023, 09:57:46 PM
Actually, even an illegitimate child has the right of inheritance. So a legitimate child even if the person is an irresponsible gambling addict can claim an inheritance. What more to a regular but responsible gambler, of course, they'll have more rights to claim inheritance like a business for example.

Except maybe in some countries where freedom is limited and betting is not allowed as they have their own different laws from most modern countries.

Personally, if my parents do not want me to inherit their assets because I bet casually, I'm not going to question it. But when it comes to assets they only inherit from their parents and other bloodlines, I'm absolutely going to contest it. But they can sell it to avoid inheriting it from a child they do not like.

Things happen and we have to respect the nature sometimes because you can do more than what you can give. There are some children that can be control and there are some that no matter how you force them to be something, they will choose their path and to me, if they are not below 18 years, they should be allow to live their lives as they fit, whatever happens should be their responsibility because after all, there is consequences for every action.

There are even some responsible children that inherited good amount money from their parent and as soon as they received it, they spend everything under a month, year and some few years on women and alcohol, isn't that painful and worse than even gambling that some see as bad character. Gambling addiction is a bad behavior that can be taken away with sense and not a completely bad behavior to stop a child from inheritance.

If I'm the parent and he is yet to change, I will make sure he change and the only reason I will give him the inheritance is if I see changes. I know some people will say he is going to change because of the money but I will split it into 25% to be distributed in 10 years so that he doesn't go back to gambling after giving him everything.
572  Economy / Gambling discussion / Re: Ever Thought of Giving Back to the Community? on: November 15, 2023, 09:40:07 PM
Have you ever thought of giving back to the community if you ever had a successful gambling run? One of those punters on X, who usually wins large sums of money from betting, is giving out about 25 laptops to folks who cannot afford them, and he recently paid for someone's cybersecurity online course. Do you think this is something that you can do—give back to the community from your gambling runs?
- https://twitter.com/mrbayoa1/status/1724168941931499884?t=1IglCrSnRsi-LZxxy6WHMQ&s=19

I have followed many of them and I admire them on their ways of hospitality and generous, the profit they make from betting could have been hidden under the ground and not tell any of there followers but they choose to show the others not to give up, there is light at the end of the tunnel. Gambling is really changing lifes for some people because even if I haven't gotten any luck like the way these guys bets, even the codes they are sharing for the followers to win is a motivation.

Though, I have a growing concern on the number of people that are betting. Check under that comment and his previous tweets, you could see how the followers were thrilled and want to bet all their lives saving to bets just to have money like him and this shows that our government has failed us completely. No jobs opportunities and that is why we have increased number of people that want to gamble, ladies are even having more interest in gambling recently. Grin

Lastly, he didn't share that bet with the public, I don't know why or does it mean that betting platforms now manipulate games when they see that the bets is going to cost them their pocket.
573  Economy / Economics / Re: "I saw my salary on a bottle of perfume today" on: November 12, 2023, 11:55:35 AM
Yeah, you heard me right. Today I was scrolling through some Instagram Reels and I saw a video of a person saying this. I'm still confused. Should I laugh or should I feel sorry for that person? So here's how the whole video goes. The man said and I quote" I saw my salary on a bottle of perfume today. So you are saying that someone out there smells like my salary."
It's kind of funny but also sad at the same time. Where have we come today? There are people trying to live a normal life with what little amount they earn. And there are people using the same amount of money just to smell good.

This life you are seeing right, it's where you wealth end that another person own rose. What he said might be ridiculous but he said what he said and there is nothing absolutely wrong in it. You might see your salary on another person perfume but if you check that same person, his networth night be what another person use to buy or rent a house. That is how life is, hands are not equal and will never be, it's not even about the luxurious life, we can't be financially equal in this life. Bezoz was once a billionaire but today Elon Musk surpassed that amount.


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I bring up this to talk about financial freedom. What is financial freedom to you? Is it about having a certain amount of money that is required to have financial freedom or to have an amount of money which can potentially give you freedom in the future?

To me, I will choose the second one. If I am happy with what I have and I am certain that it will continue to help me in the future too, then I have successfully achieved financial freedom. But most people these days are caught up with the thought of using luxurious thing and being able to continuously use it is financial freedom to them.

Do you agree or disagree to this? Let me know your thoughts.

[Just for context, I am not talking about holding money. I am talking about investments that could give me passive income that will continue to come in the future and give me financial freedom. As long as I can survive with that amount of money and not worry about the future, then it is financial freedom to me.]

There is a financial freedom and been wealthy as fuck. I see this post as a normal motivational speech I use to hear from people trying to impress people about on how to achieve a financial goals only to end up selling you books they wrote to sell for people.

You can invest today in hope to have more money in the future but then unexpectedly you hit something more than you expect, there is no way that your life will remain the same. Everything about you will be extraordinary even the way you talk will change because money brings out the real kind of person you are, have more money and see if you will stop at financial freedom or leave more to life.
574  Economy / Economics / Re: What has really been behind china's economy on: November 12, 2023, 11:38:29 AM
China is a wise country and if you have a relationship with them as a country, they are ready to give you loan to help grow your country without much interest but what I noticed is that many country take the opportunity to keep borrowing money from them and mostly lavish the money without using it to grow there country.

Lately, I love how African countries have started to dissociate their natural resources from China and other slavery countries because they have more funds to give. In the past years, China are free givers, as what people use to think but they don't know that any time they give free interest loan, there is a bilateral agreement between the country that borrowed money and China thag lend the funds. They don't give without taking from you, if you ask for road for loan for infrastructures and they agreed to give you, th country will b selling mineral resources to them at affordable price, more like discount, these are the things they are good at in other to help developed their own country.

However, I love them. Yes, the world is all about survival, even US, France, UK and many more are guilty of this. That was how France was milking Niger of her mineral resources but when a coup happened, all were stop and all effort to force them in continuity of the exploiting wasn't successful. Other African countries have all wake up from there slumber to eradicate this madness of loan and other benefits from these developed countries.

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China may have a bigger economy that the United States some day because even the United States depend on China for some certain raw materials to grow there assets. In the next 20 years China might become the world biggest economy so far.

Is this even possible, I think colonization might not allow this to happen. Check half of the world and people that English speaking countries helped in the late 80s, they were English speaking countries, even China was colonized to some extent. Language barrier is one the reason why I think this might not allow China to dominate the world.
575  Alternate cryptocurrencies / Altcoin Discussion / Re: FTT Token on: November 12, 2023, 11:24:09 AM
hi ,
my brother like most of Americans invested in FTT , what do you feel the future of FTT now ? Will it die a slow death ?

Did he invested before or after?
If it's before, then I'm sorry to say that the future of FTT token is blur and no one can tell you for sure how it will turn out because:

  • SBF is schedule to be prosecuted by March come 2024 for guilty of 7 count charges and if he will be going for at most 100 years as many people speculate on his criminal deeds
  • There are thousands of investors that has loose money to FTX heist and they are  waiting sitting on the bench for some recovery, if the token should come up, there is going to be stress from selling side because imagine a coin that was around $51 and then crash to nearly $0.8, if there is anyone to benefit from this recovery are the people that bought the bottom.
  • The exchange is likely to take more time before the relaunch and if there is no utility as the exchange that power the tokens, then it's useless. It will be traded base on speculations and not actual use.

If you are still holding in loss and you have endured since that November to now, continue to hold. Who knows what might happen tomorrow, FTX exchange might be bought back by some other rich men that will have different vision for the exchange and trust might be earned back.
576  Alternate cryptocurrencies / Altcoin Discussion / Re: Do You Think Staking is the Perfect Passive Income Strategy in a Bull Market? on: November 12, 2023, 10:32:25 AM
So I believe staking stands out as a smart strategy for passive income in this bull market, especially since it allows you to leverage your staked tokens effectively. But, does this make it the perfect passive income for you?

For me, staking during a bull run has been akin to hitting two birds with one stone as enjoying the rewards from staking and potentially benefiting from the rising value of the staked assets. This dual advantage has made it a successful strategy in my experience. More than just a means to earn, staking has also been a way for me to engage with and contribute to the growth and innovation of blockchain technology.

So what do you think guys? Is staking the perfect passive income strategy for the bull market, or are there nuances we should consider?

Staking is lock up mechanism to prevent people from selling, there is nothing good about it as I have experience in this market. Let us do some simple analysis:

An altcoin promises to give 9% APR for staking reward yearly. Now, you staked your coin to improve the security as they say and then all of a sudden, the coin start pump and this pump happen in just a week to a new all time high but you cannot sell because there is a penalty if you don't reach the agreed date and may even take 14 days to unlock just to prevent market dump. In the process, if you are a whale that unlock, it's going to inform traders that a load of coins will be unlock to the market in 14 days and smart money will sell their coins and exit before that day leaving you with loss from staking and loss of not been able to sell at all time high. What's the profit you get in staking?

The only time I think it's ideal for staking is in bear market. If you buy a coin, you can stake it when nothing good is happening at that time, you can be earning some good passive income but it's better to unlock immediately as bull run approaches so that when the coin hit all time high or have enough profit, you can simply sell your token and exit the market in peace. Staking in bull market is just a strategy team are using to avoid people from selling and reduce coins in circulation.
577  Economy / Trading Discussion / Re: Know how to use Fundamental and Technical Analysis on: November 11, 2023, 11:45:04 AM
So, my friend who just started trading asked me which is better Fundamental and Technical Analysis. So, this is the reply I gave which I also decided to share with others who don't know how this works hand in hand.

Fundamental Analysis and Technical Analysis are not inherently better than each other. Fundamental Analysis allows you to assess the potential direction of a coin's price, whether it's bearish or bullish. For instance, you can observe how Bitcoin's price has responded to positive news, which you can find on exchanges news insights, as well as popular news apps. Technical Analysis comes into play to further analyze price movements. Is just as easy as that.

Fundamental tells you what to do, while Technical tells you when to do it

If you ask me, I will say fundamental analysis is inherently better than technical analysis but if you understand the both, it gives you lead on how to survive the market. If not for the fundamental news that happened all the time, hodlers of bitcoin will wait forever to harvest their profit from bitcoin. Fundamental gives you lead, more like qualifying your technical.

If you want to set up a trade now and your basic indicators like volume, RSI, Bollinger band and EMA tells you that the market will be bullish and then you went ahead and after like 2 hours the market start to traject upward and all of sudden you read from Coindesk or Cointelegraph that Binance was hacked, there is no way you will live that trade open, you will close it fastly without waiting for stop-loss because it will he trigger in the end, this is what fundamental analysis helps you do.

As you have said, you need to know how to use it and when to use it. The market is experiencing upward moves since last week and that was because of ETF anticipation approvals. Some analyst believe that this is the window period that SEC usually approves ETFs and since we have about 8 bitcoin SPOT ETF pending applications, they might approved some and if they approve that of Blackrock, then the market will react to it, the next move or Bitcoin is going to be $40k for sure.
578  Economy / Trading Discussion / Re: Trying to find advice and info about selling BTC on: November 11, 2023, 11:22:04 AM
Hello, I am trying to figure out a good reputable place or platforms to look for a buyer/buyers for a very large amount of bitcoin.
Basically, I have a holder of Bitcoin wanting to sell. They have roughly 392,000 BTC, and invested very early and held on to it.
Any advice or recommendations would be very much appreciated.
If this goes against any rules on here please let me know and I will remove it. Thank you.

Michael Saylor! Is that you hidding behind this account. Grin
I thought you are very close friend of CZ, why not contact him straight up and make arrangement with his market makers to offload everything over the counter(OTC), it will be better that way than sell everything in spot, that's going to crash the price of bitcoin.  Cheesy You bloody liar.

Next time when you want to lie, make some research about bitcoin so that when you lie, you will lie with dignity and not like demented Billy.  Tongue Even Microstrategy Michael Saylor doesn't have that kind of bitcoin all to himself and the total under his management  is about 158,245 BTC and they are not selling any of them soon despite been in profit already.

Let me reply you as genuine person by the way. Please don't sell the bitcoin now, hold it till next halving which is just 5 month max away from happening and when that happened, you should have more bitcoin profit by the time you sell, good luck.
579  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: November 11, 2023, 09:07:20 AM
During the summer transfer window, Saudi Arabian clubs and even Chelsea were willing to spend money to sign Mbappé, but he rejected that offer. Perhaps Mbappé's purpose is too clear. The next destination he wants to go to is Real Madrid.
Mbappé gradually realized that his career could not develop at PSG, just like his senior "Neymar" had his career ruined there. He should decide to leave soon. The right to decide whether to go or stay belongs to him. He should not foolishly tie himself to PSG. And whether Real Madrid wants to sign him or not, they haven't decided yet, but I think they are eager to get Mbappé.

Mbape is lonely ever since Messi and Neymar left. There wasn't too much chemistry with Messi but I know of Neymar and that is why he is still struggling everyday to match up with Dembele and Muani to keep the team in better place for the club. Chelsea is not too different than PSG, they are even worse because PSG are in good place in domestic league than Chelsea that sit in number 10 struggling. Mbape also need the Champions League, if he should come to Chelsea, it will take him years before such can happen with this their poor form.

 Imagine their domestic club, a team that ended in 9th place last season is currently sitting on number one spot on the League 1 table, that is shameful to PSG coming from a club that hasn't win a trophy since 2000. I think France played there self do much for depending on Mbape for winning the world cup but perhaps they will not give him much interested by next season if they fail to win the Champions League this season.

580  Economy / Gambling discussion / Re: Sad reality: some countries gamble more than they can afford on: November 11, 2023, 08:22:12 AM
I was looking at gambling statistics for my country the other day. People in Greece lost 22.5 billion EUR only in 2021, and 29 billion in 2022 and that was only on licensed establishments.

That's around 10% of Greece's GDP wasted away towards offshore companies... This is a very hard issue to deal with and to think that it happens at such a scale even with the licensed casinos is unthinkable. Essentially governments sell a casino license once and then these casinos are given free reign on how to advertise, how to be promoted, what claims to make... No limits to how much they can earn.

These numbers are crazy but you want to know the craziest ones? Nigeria is among the top countries that spend more money on game very day and the reason why we have these increased in higher numbers of gamblers, it's the rate of employment. When a country empowerment numbers is too low, expect to have high numbers of gamblers, even the ones that are already employed still gamble and that is because the minimum wage is low, the salaries are too low for survival.

As of first of November 2023, it was reported that Nigerians spent $975m daily on gambling, these numbers is scary to be honest, this is not monthly but daily. If you should do the math and add the numbers in a month, that means the country spent $29.25B every month in gambling. This is only for license gambling platforms, if we are to include unlicensed platforms, we can get more than this figures, this is very very bad for a country that struggle to pay $30 a month for minimum wage.

For a country that have $479B for her GDP, isn't that concerning? I think the country need to fix her employment numbers, if they can manage to bring down this numbers, these numbers will also reduce as well and if they to educate people on gambling, it will help educate people about effects of gambling.

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