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481  Economy / Economics / Re: Long duration bonds with index funds on: November 29, 2023, 08:40:50 PM
Does anyone here have long duration bonds on their portfolio using index funds? Im talking 10+ year duration. Typically the US investor would use TLT ETF for this bet, but it can be bought in most countries. Is this a buy in your book at current prices? Some people are making big bets with 3x leveraged ETFs. Im considering a position on this as an hedge during a recession. I have my doubts that BTC will perform well on that scenario or if it will just follow the SP500 again, since I don't want to find out I would rather diversify.

This may be a decent bet, even tho you can get wrecked if long term bonds don't go down. So far the yield curve is still silly at such inverted levels, but the market seems to be ok with these rates and expects it to go lower. If they really go lower, who knows if inflation will not hit even harder eventually. All things considered, from a TA this looks like a buy, but things can always go lower. The macro aspect is hard to predict. But as with everything, if you wait for market confirmation you may miss all the best gains, but you will also protect yourself from getting wrecked if interest rates move up additionally.

PS: Im talking about index funds, not directly holding the bonds yourself.

It's only in the last year or two that I've started giving serious consideration to bonds, especially as they are such a solid investment with a guaranteed return that reduces instability in a portfolio. While you explicitly reference index funds, it was just a few weeks ago that I discovered you can buy the bonds directly in most brokerages and it could save a fair bit in unnecessary fees. If you do your basic math calculations then you're looking at 4% for a short term bond of a year, which would have been unthinkable a couple years ago when they were around half a percent. If you take the view that interest rates have leveled off and are coming back down again then now looks like the perfect time to lock down some stable income.
482  Economy / Gambling discussion / Re: Do not gamble with Loan Money~otherwise you will be in danger like me on: November 28, 2023, 09:05:14 PM
I have always advised people not to take gambling seriously but I myself became heavily addicted to live blackjack from stake.com and kept winning and losing. In this case I will not blame the gambling site because they give live cards. I started the game with just $20 but gradually I got addicted to it and wanted to gamble and win bigger amounts by depositing bigger amounts. I lost $1700 playing this way then I decided to play with a much bigger amount and recover all the losses then quit gambling for this I borrowed 270000 BDT ($2180) from the bank and deposited there. But unfortunately I lost them. Now I am financially so weak that it has become very difficult to meet my family expenses and I owe the bank $2180 which will take me a long time to pay off. Now it will take about 2 years for my financial situation to be normal again. Gambling addiction set back my normal life by 2 years. I am a victim of real experience and I am sharing my real experience with you.  Don't make the same mistake I did.  And never decide to gamble with a loan. If you do, your situation may be similar to mine. so beware of gambling

The fact you open with "kept winning and losing" shows you've not broken out of the gambler mentality yet. You were losing all along, it was a steady decline downwards punctuated by little morsels of your own money paid back to you. You are the definition of a problem gambler and should cut this activity out of your life entirely, because you clearly have a lack of self control and are able to concoct all sorts of mental gymnastics which led to you pouring good money after bad. Many people would not gamble at all, fewer would stick around after losing $1700 - which is a massive amount in comparison to your self proclaimed earning potential and even less would double down on that horrendous situation to make it worse. I wish you luck digging yourself out of this position, but greed is what sunk you and it's hard to have sympathy for that.
483  Economy / Economics / Re: Black Friday deals and your plan to hold bitcoins. on: November 28, 2023, 08:57:01 PM
Although Black Friday is commonly associated with sellers offering huge discounts to customers, is this really true?

Black Friday is an excellent time to buy only what you need, not what you want. The event's psychology is to give consumers greater purchasing power and encourage unnecessary spending.

For example, a lot of individuals or bitcoin holders may sell significant amounts of their cryptocurrency during this time because they wish to purchase items that will affect their investments. Black Friday deals can affect your plan to hold bitcoins, and as an investor, you have to be careful and be disciplined enough to control yourself.

Have you purchased any item during this time?, was it a need or a want?
Did you have to use some or a significant amount of your bitcoins?

Like many things in life, the original purpose has changed and been manipulated over time. At the beginning, when this craze first took off I remember actually finding great bargains for the first few years but you had to know what you were looking to get out of it. Now it is so hard to distinguish what is a good deal, that it's not worth even bothering with this day. I saw a lot fewer people and advertisements for it this year, as people are starting to wise up to the scam it's become and maybe it'll start to die out. It came out of nowhere and I doubt many people would miss it if it were to disappear again, there are already enough consumer holidays around that retailers can use to discount goods and services.
484  Economy / Gambling discussion / Re: Gambling are mainly for rich and lucky mind. on: November 28, 2023, 08:48:22 PM
It is obvious that no good thing that come easy and when you are not lucky in gambling you are not lucky and a lucky person in everything he tries might still be a lucky person on gambling because i dont see what you know you do consistently and is not favourable to you yet you are still in it, that is stupidity to a reasonable man and even if your taking it to be for funs but definitely you are spending carelessly on it and truly the mindset of a gambler is to get not to loose and on a casino game a real gambler must wisely have a plan and adhere on rules to actualize it target and rich gamblers stake high in a low game which is possible to win but does not get addicted  because he analyse and strategize before staking so if it is not favourable to you does not mean is not favourable to some lucky persons and these are the mindset of rich person(mind)not of the poor person (mind).

You don't need to be rich to gamble, just having a good grip of your finances and knowing that you have some fun money set aside for any entertainment activities you choose is enough. You can treat it as no different than dropping $20 to go see a movie, or the same amount to go bowling with friends, as long as you keep it under control it's fine. Knowing that it's all based on luck, and not thinking that you have some undeniable edge or hidden strategy will also fair you well, as it will allow you to bail out without going deeper down a money pit. Just understand that the only people in a casino with a reliable plan are the managers who know how to clear out the pocket of every player who stays there long enough.
485  Economy / Economics / Re: Do you think that visionary leaders make great CEOs? on: November 28, 2023, 08:29:53 PM
We are awed by so-called visionary leaders because may possess unique strengths and charisma. However, I have found that most of them have a weakness in communication, being adaptable, and in team collaboration.  For example, a visionary leader Steve Jobs though he was praise for all the great stuff he did for Apple there where complaints of his intense and demanding nature. This negatively impacted the morale of his employees and lead to high turnover rates. Obviously employees would naturally seek out more collaborative and supportive work environments. My point is visionary leaders do not make great CEO. I believe the success of a company should not solely rely on the charisma and vision of one leader but should be built on a foundation of effective teamwork and inclusive decision-making. Do you support this argument?

People don't become "visionary leaders" overnight, it takes a large mix of the right ingredients and a lot of self determination to achieve this position. That's not to say that visionaries are necessarily good leaders either, there are plenty of people out there who had grand ideas and were in a position of management over people, but failed to successfully convert it into productive outcomes. However naturally people who reach the level of CEO in larger organizations will have the ability to combine a lot of successful traits together. Charisma is a key ingredient most of the time and it can often be a honed skill, as people move up from the lowest rungs in a company or move sideways after achieving success elsewhere.
486  Economy / Gambling discussion / Re: Most gamblers do not believe they can consistently make money, that's why... on: November 27, 2023, 10:13:46 PM
As you've read the thread title, I'll continue the explanation here, as it cannot accommodate additional text. I've come across numerous topics and posts where gamblers express disbelief in the idea of consistently making profit through gambling. It makes me question whether these individuals are truly involved in gambling or if they're posting without the real experiences and knowledge. Personally, I firmly believe that there are people who have achieved real success in gambling. What perplexes me is why many discourage gambling as a means of making money. Instead of outright saying no, they could guide gamblers with the right strategies on how to stay disciplined, enhance skills, minimize the risk of bankruptcy, and increase the chances of winning.

If you're someone who doesn't believe anyone can be profitable in gambling, you might as well consider yourself not welcome in this thread. I'm looking for people who maintain optimism about their chances in gambling so they can share valuable insights.

Now, let's hear your opinion. In 3...2...1... go!

You sound very deceptive and misleading, besides not understanding simple math that drives the casinos to huge amounts of profits every year. I highly doubt you personally know any successful gamblers because it is such a hard skill to master. I don't see you sharing a single strategy, just living in dreamland. It is like the difference between being an amateur golfer and playing in the PGA tour - only the people near the top will ever be making enough to sustain a career, everyone else is fighting for scraps as they try to get to that top through experience and practice. People aren't sharing successful strategies, because if there is such a thing - like finding a niche in sports betting - then people will be milking it or trying to protect it from getting flooded to zero profitability. You also don't own the forum and get to tell anyone here what to do.
487  Economy / Economics / Re: How we survive food shortages on: November 27, 2023, 09:57:48 PM
Food shortages have being a big problems in the global world today where tremedious things are happening people finds it difficult to buy food especially,rice products,climate change has devastated  the whole global world where crops can no longer do well in the farming system,believe with this new information about the crypto space can  our climate change system be put together where there will be high rate of food shortages in the global world as a new beginner I want to know we can fix this things I mentioned.

If you step back a bit and look at the world through a different lense, you see that some countries just produce too many people and there are not enough resources to support them. This cycle has continued for many generations and progressively gets worse. Even with leaps forward in production ability and efficiency with things like farming, it seems that the population just leaps up to and over the new found resources that are available. In some cases the government encourages it, or at least does not do enough to discourage parenthood when it may leave certain families in even more disadvantageous situations and unable to support their children. More education and contraceptive availability would be the best route, but this is often blocked by certain religious ideas, however foolish that may be.
488  Economy / Gambling discussion / Re: Platforms Where You Get The Same Level Of Enjoyment Like You Do In Gambling on: November 27, 2023, 09:34:10 PM
You treat gambling as a place for entertainment and you enjoy every minute of it, but your family tells you to stop gambling for a week and challenges you to check other platforms for the same level of enjoyment that you experience in gambling.

So what will it be for you?

Mine is having a long ride on my motorcycle I feel it's refreshing and enjoyable, especially when I take on zigzag roads.
I'm a responsible rider and advocate of safe riding and if I'm not gambling online I love to take a long ride I have the same enjoyment doing both.

I find that there is enough free gaming out there which can keep you fully entertained without the need to spend anything at all, in the era of microtransactions - game manufacturers are increasingly interested in offering even the highest quality core gaming experiences for free in the hope you will pay for "cool" looking skins or weapons. If you can refrain getting sucked into the "pay to play" model, it's very possible to grind and earn comparable top tier loot for free in many cases., they're just hoping people take shortcuts or are happy wasting large amounts on virtual show offs. I'd much rather spend time exercising, cooking or doing jobs around the house than losing money to casinos.
489  Economy / Economics / Re: strange indicators to know economy is bad on: November 27, 2023, 09:13:45 PM
we know the economy is bad when gas prices have already gone up and all the rest of the stuff we usually buy in the grocery store is up 15%. and because your salary is just what it was the last 2 years, your situation is just as bad as the rest of us. we are in a recession. one reason more economists wanna be think we are in a recession is because we hear it on the news too.

but here are indicators to confirm we really are in an economic downturn.

1. butter popcorn index - people go to movies regardless of how bad the movie is. they just go see movies to just get away from their problems. but when the economy is bad, just sit and watch netflix.
2. diaper rash - parents wouldn't mind if their kid's diapers are already full during an economic crisis and are not neglectful when it comes to the diaper turning yellow during an economic upturn.
3. plastic surgery index - plastic surgery index is generally down during rough times as women wouldn't mind how small their boobs are than when the economy is booming.  
4. lipstick index -  women wouldn't spend much on expensive lipsticks so sales are gonna be bad for lipsticks compared to the times when economy is great.
5. japanese haircut index - during a good economy, more people in japan will take care of themselves and get their looks neat and they're not doing this during bad times. women don't go to beauty parlors.
6. bike fatality index - during an economic crisis, people use bikes often or can't afford cars so more bike accidents happen.
7. men underwear index - men especially singles don't mind wearing underwear with a couple of holes in it, no one sees it anyway. men buy less underwear during economic downturns.
8. garbage index - less garbage because people buy less when the economy is bad and buy more when times are good so more garbage everywhere.
9. unclaimed body index - during a bad economy, dead people are not claimed in the morgue. horrible index to look at how bad the economy is.
i'm sure people take care of their family when they die. can't believe this is happening.

i'm sure there are some more, there is also a "beer index" where people prefer to just buy 6 packs and go drink at home rather than a bar.
a few months ago, i bought my kid a secondhand laptop rather than a new one because it's expensive, i think this is also an indicator. and i know he'd break it sooner.

These are the sort of things you'll see in the book "freakonomics" which is a fascinating insight into these sort of abstract and unexpected indicators. However the way you're framing some of these is a bit misleading, take the diaper example - I think the majority of parents want what is best for their children and try to provide for them as much as possible, so it's probably the fact that they simply cannot afford expensive diapers during downturns rather than treating their children badly - of course they mind. However these historical indicators are often hard to judge and we only see them long after the recession has set in, plus they can be hard to differentiate between ever changing consumer habits.
490  Economy / Gambling discussion / Re: Can Chat GTP destroy poker on-line gambling??? on: November 26, 2023, 10:57:14 AM
Reading another post, it crossed my mind that AIs and particularly ChatGPT could potentially be trained with a large samples of games played by poker champions and then put it to auto-play with amateur on-line players. If this is successful, it could mean the end of human on-line poker playing except perhaps for the world masters and the like. Has anyone tried? Would it be possible??

What is worth bearing in mind is that, while creative minds might find a way to extract a useful strategy out of AI like ChatGPT and apply it to gambling, successful players are heavily monitored by such sites and they will find a way to shut down something that is costing them money. They will also be taking great efforts to apply ChatGPT and similar to boost their own defenses, where they have teams that are set up to constantly improve their profitability and look for any weaknesses in their odds calculations. They stand to lose a lot of money if their data analysis and odds prediction is wrong, so they are willing to spend a lot of money - more than any individual is likely to invest - in beating that curve.
491  Economy / Economics / Re: When Was the Last Time you Came Across a Positive Economic News? on: November 26, 2023, 10:30:45 AM
I find myself pretty bothered by everything going on in the world. Have you ever noticed how it's so hard to come across positive news about the economy, whether it's in our own country or globally? It's genuinely disheartening. Every time we read, watch, or discuss something related to the economy, it's all about inflation, recession, debt, bankruptcy, companies downsizing, laying off hundreds of workers, shareholders firing CEOs, and the company's stock taking a nosedive. Can't we just catch a break and have some good economic news for once?

What I've generally found is that some people can get sucked into a perpetual news cycle, which is often slightly more weighted to bad news than it is to good news. This can lead to a distorted and ever growing unbalanced intake of information, that can put you in a sort of pessimistic mood and you can project that mentality on to all things in your life. However there is plenty of good things happening each and every day, which maybe don't get the same level of coverage. Current events can often also be shocking, imagine an earthquake somewhere - that's huge news if a big city is devastated and that can lead to a lot of upheaval to those affected, but smaller news stories will get drowned out of coverage during such a time period. One suggestion: Read less news, as it is a business after all and most of these organizations are hunting a profit.
492  Economy / Gambling discussion / Re: As a gambler do you have a potential winning amount limit? on: November 26, 2023, 10:02:32 AM
I have heard and read about people gambling because they had no source of income,  a job or they wanted to add gambling as part of their streams of income. Whatever your category the bottom line is that we all gamble to make money though some group claim it's mainly for fun. But who would want to be losing money all in the idea of catching fun!

There are gamblers that don't place their bet not until they have gotten a certain amount as their potential win. Some do this based on their financial challenge with the anticipation that just one win they may get on such amount is a life changer for them.

My main focus on this thread is in this question: as a gambler do you place your bet according to the weight of your financial need or you're always okay with whatever amount that comes out as potential win no matter how small amount?


Most gamblers, at least those who do it regularly and possibly have a problem, will not have any sort of limit built in to their winning upside and often take all their winnings to plow it straight back in. You're trying to frame this as an activity where most people have control and are taking calculated risks, but often they are simply guessing and finding enjoyment from the buzz or habitual nature of the activity. I have not come across many gamblers, but the ones I've seen often look a bit robotic - like they are trapped in a nasty cycle of self abuse and look fairly miserable (when thinking about people sat around in slot machine arcades). That makes me think there is zero strategy involved and even if they did have a big win, it would probably not even outweigh all the money they had poured into it up to that point.
493  Economy / Economics / Re: Economic Implications of War on Individuals on: November 26, 2023, 09:55:32 AM
I hate wars. I hate conflicts. Both they are almost unavailable. Wars and conflicts disrupts lives. It kills people - men, women, babies. Businesses are shot down. Schools are shot down. Boys become father's and look after their moms and siblings because their father has gone to war. Daughters become mothers and have to care for their siblings because they lose their mothers to war. Children with perfectly normal lives become refugees

Wars and conflicts doesn't give you the time to plan. It happens fast and it happens suddenly. It comes with a huge economic cost. And for us in the cryptocurrency, we are not exempted too. If you are a miner, your mining operation is affected because if you are caught up in the conflict, you have to abandon it and flee so that you do not get killed.

I am deeply saddened by these wars. I am not taking sides because there are human causalities in both sides.

- do you have any survival tips during war period?
- are there any business that I can do during a period of war so as to sustain my family? Can I still budget, save and earn in Bitcoin?
- What is the economic impacts on individuals with families and how do I sustain them during war period.

Very few people here, unless they live in a conflict zone, will have any appreciation or useful tips for "survival" during a period of war. War is also not the same, there are all sorts of varieties - two equal peer countries engaged in combat will suffer much more equally than a rebel insurgency trying to overthrow an established government. Business is also dynamic and it's impossible to say what would be good or bad, plus you may not want to be seen as profiteering during these time periods when people are literally dying to defend your freedom - the government might seize any businesses it perceives are too greedy for the war effort. Again, the economic impacts will vary too widely, a country in Africa might have different priorities - just getting water for example - than a country like Ukraine that is still trying to prosper.
494  Economy / Gambling discussion / Re: Best Country To Live In For Crypto Casinos?# on: November 26, 2023, 09:44:34 AM
Hi all!

Ive noticed recently that more and more crypto sites are requesting KYC, and more and more restricted jurisdictions are being added to said sites Ts and Cs. This is a problem for a lot of people on this forum who like to gamble anonymously, and, perhaps use sites that are "blocked" in their home countries.

My question then is, which are the best countries that can access these sites without issues, and pass all KYC checks? I'd love to hear your opinions!

You're conflating the requirement of asking for KYC documentation with whether that is a good country to live in, which is a bit silly. It's irrelevant where you live when it comes to KYC, as it is the legal requirement of the business to collect this detail because the financial regulator of their country wants it for financial record keeping and to stop crime. You could live in the most open country in the world and if you try to play a site that has these limitations the laws of your country mean very little. Not only that, KYC is often the only mechanism that gambling sites can use to genuinely identify multiple account abuse - they often put very generous welcome offers out there for new users but that is all calculated for genuine users and not abusers who are otherwise unidentifiable.
495  Economy / Economics / Re: for those in the UK still questioning investing in real estate(bad news) on: November 25, 2023, 06:36:45 PM
ok so i done some math

i done some mortgage calculators of a £100k property from 2003 to 2023(20year mortgage 6%) and also checked the average house price increase over 20 years to calculate how much a sell value for a 2003 £100k house would be today

well a £100k house mortgage ends up needing £168k of money handed over($68k interest), over 20years
the £100k in 2003 house would resell for £195k this year

leaving a £27k profit which after paying in £168k means only 16%profit over 20 years or 0.8% a year

now for inflation
2003 £168k = 840k walmart baked beans (20p each)
2023 £195k = 696k walmart baked beans (28p each)

if someone bought baked beans instead of a house in 2003 they would have bought more beans than they would if they bought a house, sold a house in 2023 and then bought beans

so yes real estate is a bad investment over the last 20 years it didnt hedge inflation

You're missing big parts of the picture. Firstly a couple years ago, and going back to around 2010, interest rates were rock bottom - around 2% for a long time. Which means your 6% mortgage figure is entirely worthless. Secondly, a house is not just an asset like gold that you buy and sit on hoping to flip for a profit. It is a home, it is a place of safety and rest, protection from the elements and a necessity of everyone. If you're not paying off your own mortgage to LIVE somewhere which is an essential fact of life, then you are renting and indirectly paying off someone elses mortgage. If you rented a property instead you have nothing to show at the end of it all. Property has gone up 10%+ some of those years, but the market fluctuates, there are some bigger winners than others but property absolutely is a solid investment - it doesn't need to be a gold mine.
496  Economy / Gambling discussion / Re: What I've learned so far as a gambler on: November 25, 2023, 06:27:51 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.

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.

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".

The fact that casinos operate for so long suggests that they are making a massive profit and by that conclusion most people do not take your first piece of advise. More often than not the mentality of a gambler, or someone just entering a casino for a bit of fun is, my budget is $x and I'm going to spend that much, my intention is to win but if I win I do not have an exit strategy. This behavior just leads to putting any "winnings" immediately back into the games, somehow thinking that they will win even more. There is a very clear line between a casual gamer, someone that can identify when to walk away either after losing a certain amount or gaining anything, and a problem gambler who will put every penny in because they lost any reasoning a long time ago.
497  Economy / Economics / Re: Bitcoin's Impact on South Asian Economies. on: November 25, 2023, 06:19:43 PM
South Asian countries such as India, Bangladesh, Pakistan, Afghanistan, Sri Lanka, some regions are economically very distressed. Bitcoin is an important topic for these regions. Some people in this region live very close to the poverty line. Due to which it becomes difficult for them to run parallel to the country. Through this platform the foreheads of the people of all these regions are being opened.

I think cryptos effect in these countries is rather limited, but then it is limited in most countries at the moment. The one really useful thing to people in these countries is how it can be used for overseas remittances, where family members are able to send money back that they earned to support families in these poorer countries. Crypto allows them to avoid scrutiny of sometimes unfriendly government financial authorities and also minimize transfer fees that can be very greedy from some banks. A lot of these countries will operate various types of black market as well, as the government is unable to effectively or without corruption provide certain services. However it often depends on having an internet connection which can be hard to come by in certain areas.
498  Economy / Gambling discussion / Re: Do you gamble because you don't have sufficient money? on: November 23, 2023, 05:20:26 PM
I was in argument with someone. His view is that people who gamble are those that what they have is not sufficient for them and so they try to make more money from gambling. He said if you have sufficient money to take care of your needs that you won't think of gambling. He made reference to some rich people, who don't gamble because they have sufficient money to even gift to charity but that those rich who still gamble are only addicted to it not just because of the money. Therefore, that the percentage of the rich gambling is very small compared to those in middle class and lower class.

So my question is, is the percentage of the rich gambling lower than the middle and lower class?

These are the most dangerous kind of gamblers, those who are doing it out of desperation. Gambling should be kept to a fun side activity, something you can do with a small budget solo or enjoy with a group of friends in an appropriate setting. Unless you are a professional poker player or working in an equally skill based game, you're never going to make enough money to justify time and money spent. You also need to understand the economics involved, because even as a pro poker player in America trying to make a living wage, you might be trying to hustle against people who are happy to be earning $3 an hour in certain countries which more than covers their expenses and is a very nice income for them.
499  Economy / Economics / Re: World changing and those who don't adopt this Will stay poor on: November 23, 2023, 05:09:32 PM
If you dont adopt changes fast u stay poor
And it's not matter of your skills or your current wealth anymore not even anything else what we use to think it was important.
Im a about to tell something that you gona be thankful to me all your life.
CBDC are coming but the way you think and that's how the elite rich themselfes now after great RESET it doesn't matter you own property or you got 100k on ur bank your wealth will be depended on ur cryptocurrency assets.

What the central banks don't tell you guys is this that they don't use some unknown... blockchain its a lia big lia don't fall into that

The cbdc-s will be run on well known blockchains and that's how overnight many of you will become wealthy becouse well known cryptocurrencies value will go High fast after this.

And that's the biggest secret and they hide this in history the average people never acted wise ways becouse they never want to learn.
Also speaking about tokenization all your real estate Will be turned into NFT token that's the part of CBDC plan and it Will be well known blockchains not some unknown the stories what i tell you it's a Lia

I want to see faces of those guys ....who will be surprised and they been waiting for some central bank magical blockchain wich has no proven techical capability no track record and no evidence of utility so people get ready some of you will be poor Also the panic sellers but those who hodle Will be swhored with money soon

As i know wall st and finances Im pro i can tell that aave and uni are those who Will benefit most in upcoming federal reserv system system

So i want to see those guys who will say now btc not important the btc will be all over the world one of the main things

But who would listen you when it's time to listen? Like tje times noah...nobody listening really.

Now it's Same situation and those people who will be waiting some "ecb Christina lagerde kind of " magic blockchain will be very disapointed.

And yes world wealth and all the resources will be soon distrubuted to crypto holders and soon the great reset some of the banks will disapere Also and nobody don't bail them out becouse they are old and If they got no blockchain related system then they fail

That's how it goes off course only fed and central Banks knows wich blockchains but for main ones ethereum will be one used for real easte tokenization ...those nft play it's not joke people think it's some kids fun on opensea but it's not the big funds and instutions are actually in this so things Are about to getting very serious If u not in it's bad for you.

But yes i want to see those people who hope that central banks doing some unknown blockchains....i'll be laughing then becouse i know for sure things will go different ways becouse remember elite and rich people can't never tell others the truth it's your duty to use brain and find out and If not you don't deserve wealth

Grasping opportunity ties into what you've said as well, as you might be adaptable but you also need the courage to jump at offers as they are thrown to you. When you are younger you may get a lot of offers to do various jobs or start new ventures, you need to analyze them careful but be aware that because the world is so fast moving that opportunity might soon be gone never to return. If you get offered a chance at an interview for a job via a friend who thinks you might be a good fit and you've been lazy in life up to that point, you should go for it because you don't know if it will lead you to much better things in life. On the flip side, if you're doing a job for a while and it becomes too much of a chore, maybe you should start to look elsewhere because it might not be what you want to do with your life and you'll be happier chasing the thing you actually want.
500  Economy / Gambling discussion / Re: Do you keep a record of winnings and losses in gambling? on: November 23, 2023, 04:49:51 PM
Do you keep a record of winnings and losses in gambling? Many here will feel that this is waste of time and will also not let them enjoy the game peacefully. Do you also have same mentality?

Unless you're playing a serious game where you absolutely and mathematically can verify that you are getting an advantage over the casino or other players, it feels a little bit pointless to keep a track of wins and losses for gambling. On games like slots, you can simply watch your wallet deplete quite consistently and be sure that the whole game is engineered to clean you out, there is no doubt about that. You just have to remember that every gambling company is in business to make money and they make it from people like you. Even if you do gain short term success or figure out a way to beat them in something like sports betting, they will quickly adapt and stem the losses that they are taking in future.
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