Levels of aggressiveness should not be measured in absolute terms, but instead within the amount of discretionary income that you have, and so yeah a person with higher income could buy more BTC but that does not necessarily make him more aggressive than someone with lower income and who might be using all of his discretionary income to buy BTC. Maybe we can take some extreme examples.
One guy has $100 per month of discretionary income and he uses all of it to buy BTC.. This guy is quite aggressive and maybe even bordering on over aggressiveness (especially if he miscalculates his expenses or if he does not have reserves in place).
Another guy has $2k per month of discretionary income and he invests around $100 per week into bitcoin, which might be considered moderate and maybe even whimpy.
Of course it is true that someone can increase purchases aggressively when their finances increase from the income they earn. I think everyone has an uncertain income in their job like a monthly bonus from where they work. so their routine of executing $10 per week can certainly change to be more aggressive such as increasing it to $50. I even often do this where when my finances improve from average or get a bonus, of course I can increase to be more aggressive in the next purchase. So, if income is relatively stable, of course we will return to the initial planning by executing at the usual level that we have done. Without realizing it, over a long period of time, our BTC holdings increased faster than the initial plan because at each stage we could act aggressively or continue to try to increase the amount of purchases to become larger. This comprises the investment journey of an average investor. I feel that only the rich are comfortably being aggressive in their investment and not everyone has an uncertain income in their job. There are investors that has a fixed income for a long time and by so doing they only stick to buying through DCA. That may be true, but honestly I don't think it's right to say that rich people are “comfortable” being aggressive in terms of their bitcoin investment involvement, because I think no matter how rich you are if for example you treat investments that always tend to lead to aggressive actions then surely there will be at least some tension and pressure that you will most likely feel because of the fear of experiencing losses. So maybe it's more accurate to say that rich people are those who are “likely” to be able to try some aggressive actions in their investments. In terms of income yes I agree with you that not everyone has a steady income or income in life, but it is a fact that often the problem of uncertain income is what makes investors have to experience delays, on the other hand I believe that DCA is an effective way to maximize future profits but sometimes when you are experiencing problems in terms of income in your life then it is definitely possible for you to experience delays in allocation that can interfere with something that should be done with consistency, I don't know whether or not luck of the draw plays a role here, but certainly success is more likely when you have a good, stagnant income without any problems which makes it easier to maintain your DCA strategy. Agbamoni is right about rich people being more aggressive than the average and poor. This because, the rich has different sources of income in which one of them can serve as his emergency funds already built and he does not need to start building up an emergency funds. Also he will also have funds available at all time to enable him buy bitcoin with the three buying strategies which is the dip, regular DCA and lump sum. You should also note that the size of your emergency funds is what will determine how aggressive you will be. This is why the rich will not feel any tension or pressure and the fear of running at loss because they know what they are investing in that they will not be selling it too soon but hodli for a long term because they know it is an investment and they understand what an investment is. They can survive without thinking of their bitcoin investment. |
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New gamblers often try gambling by their emotion. They consider gambling as a special scheme of money income at the beginning of gambling. They think that placing a bet there will increase their chances of winning. But when the results are different they get worried about it. At some point, they try to blame others for the fear that their assumptions and skills may be questioned due to repeated losses, thereby calling out their incompetence. Although he thinks it is wrong, he does not try to understand it. However, such behavior is not seen in those who have been in gambling for a long time. There may be some gamblers who naturally try to hide their own faults by blaming others.
This is not peculiar to new gamblers because even old gamblers still get their emotions activated during gambling. I think it is a normal thing because gambling is sustained by hope which is undoubtedly emotion. The only thing different is that older gamblers have learnt to manage these emotions properly to be able to avoid the temptation of taking irresponsible risk. Regarding the subject of discussion, gambling have age limit attached to it and anyone who have hit that age is expected to be able to make his/her own decision and also take responsibility for the result of such decision. So I do not think it is morally and legally right for any gambler to blame losses on another person irrespective of what transpired. Exactly, a gambler should be held responsible for his actions because it is his funds that he is using to gamble and not someone else's own. I think this is why the gamble age in most countries is 18+, because at that age, everyone is responsible for his actions. Gamblers that put the blame on other people will not always learn from their mistakes because they will always put it on someone, in order to make them feel it wasn't their fault. |
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I am lost with your write up, and I don't understand what you meant by coin with no value and winning games with no value. Are you talking about the casino tokens or cryptocurrency like bitcoin and USDT because those are coins have value and bitcoin is the most valuable of all. I can gamble with both fiat and cryptocurrency which is what I do currently. There are local casinos in my country that accepts fiat currency and you can cash out immediately after you win. So whenever I feel to gamble on fiat, I use my local casinos, but if I want to gamble with cryptocurrency, I also use a cryptocurrency casino for fun. Don't forget that as long as it is a currency of any kind, it has value because it can be used to pay for goods and services.
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That guy in question started with crypto in the wrong way. How can someone without any knowledge on cryptocurrency dive into trading immediately, it shows that he was decieved by those influencers on social media who lie to people how much they have made from people and flaunt their wealth on social media to lure people into subscribing for signals and the rest. You should not see bitcoin as a get rich quick scheme by trading, because you will run at big loss and start saying that bitcoin is a scam. Whereas, you were the one that wanted fast money and got scammed. The best way to invest in bitcoin is to see it as a long-term investment and hodli for long to avoid loss.
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Such a wonderful performance from Arsenal this evening right from the beginning of this season arsenal, they try to put much effort into every one of their opponents and make sure they defeat everyone of them. Arsenal started well this season but did also have their inconsistency especially late last and started coming back to winning ways around January this year. honest, Arsenal has become a tiger this season, which no any team has nothing to do with them. Although Manchester United always have a strong performance when it comes to meeting with a big, but today's own against arsenal was not easy for them.
Because they received so much pressure from Arsenal, I think this season has come to an end for Manchester United. They should only go home and prepare for the next season. As it stands now, Arsenal has gotten back to their normal position, which is in the in the top standing.
True fact Arsenal has been among the ruthless team this season trashing teams heavily while they where already having higher chance of winning this game to me, I was only hoping Manchester United would play like a big team and get a draw or win against Arsenal but it's still a different scenario, my reason for this is from the fact that I think City might not be able to win against Spurs who has been losing to other big teams through their inconsistency but let's see what can happened, if City might actually win the league as I hope now. I was never expecting Manchester united to win Arsenal because they are not as strong as Arsenal, and they have being inconsistent in their matches. The outcome of the gane was what I expected and I was thinking that Arsenal will score more goals in the match. Perhaps, having all three points is what matters the most and they were able to achieve that. Arsenal can rest on the top table till Man City win their own match. Manchester united played very well but they were unable to score any goal because Arsenal locked their defense. |
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2 nil for Bologna at Napoli with Napoli also missed a penalty.
With this potential victory, Bologna would almost certainly secure their place in the Champsion League.
If the match will end like this tomorrow Roma would be playing the match of the season, in or out against Atalanta for the next Champsion League spot.
A game of 60mil € value.
What do you guys think that the future holds for Napoli? I do not think they are actually going to be able to replicate the performance that they had in the last season. I don't think it actually even matters if they are able to keep the players that they had. I think in the last season, almost all of the teams were performing pretty badly. they were able to take advantage of that. now when the competition is actually bigger and better, they have failed to perform well. They got lucky in the last season. People might think that a team cannot get so lucky that they will be able to win the Italian league title. But of course, I am not saying it was all luck. Of course today a team that is on the verge of relegation cannot win the league title just because they are lucky. Napoli was a good team. And combined with the fact that they did not have much competition, they were able to win the league title. Whenever the situation got tough, they were unable to perform. I think Napoli will not be able to keep their valuable players like Osimhen or other valuable players at the end of this season, and I find it very difficult for them to achieve success like last season without their core players. For several weeks now they have either lost or drawn. It is rumored that Osimhen will go to PSG. I think he will be one of the first players to leave the team. Other European clubs do not even think too much about buying a centre-forward of that quality by making high offers. Even with their core players currently they are still finding it difficult close to success. It is a bad season for them due to the coach in charge and this is from my own perspective. Every player will live to play in European competitions and any club that is not in a strong form to meet up with the qualification to European competition next season might lose their quality players because those big clubs will come for them in other to equip their team for next season. I know that it is certain Osinmeh will leave for another ckaub with some good players too. |
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I just saw this thread today, and I love the great work that derBowler and @1miau is doing. It is good to help the people in need especially in times like this when they need our help. We are humans and there is nothing left in the world than showing care to one another. I made a little donation from the bottom of my heart, and from time to time, I will see how I can always assist. Keep up the good work guys.   |
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Aggressive approach may sometimes bad if you don't know what you are doing but there are times that its good to execute this especially if our knowledge is enough and you have confident that there's something good will happen on your bitcoin investment in long period of time.
Like I said agresive approach is not bad expecially if you are capable of it. And there is no special skill or knowledge required what really matters is where you get you source of income from. You may not be well knowledgeable about bitcoin but provided you have a higher paying job that can be able for you to increase your investment strategy, you are good to go. Let me say a person who receive $1300 as a salary may be investing $50 on DCA weekly or $100 depending on his programming. He may as well increase it to $300 weekly if he has a higher paying job of $4000 so it may seam to be an aggressive investment but it's not a bad one because he is capable to invest and have enough in his discretionary or reserved and floats. When it can be addressed as a bad aggressive Investment is when he is aiming $1300 and investing $200 weekly. Investment are made according someone capacity to accept risk and lost, anyone who investing around $200 weekly is depending on their level of risk and not about what they are earning per months. Before you are called a HODLer, it is assumed that you are already a rist taker who eventually keep investing and HODLing for a long term without thinking of either bearish and bull market. So Increasing your level of weekly investment by $200 surely depends on your level income or salary and there is no doubt about it because if you don't have enough income generation you wouldn't increase the level of you btc portfolio or increase the level of your discretionary. Though most people may have enough amount to invest more but chose to invest little as to avoid risk, but i doubt if those are truely HODLers ofcus such people are traders who looks for opportunities to buy at slight dip and sell the rips. I disagree with you that those who have more than enough funds to invest in bitcoin but choose to invest only little are traders. It is just that they don't have the insight of what the power of bitcoin will be in future based on value, because if they know, they will happily invest aggressively instead of in a whimpy way. Those who invest whimpishly will always regret in the latter when bitcoin price hits a certain level. Let just take for example as you had already explained above, someone earning 1300$ per month and aiming at investing $200 per week, this implies that 200$ x 4 (4 weeks as 1 month) is equal to $800 and he is now left with $500, to me there is nothing wrong with this and I don't see it as aggressive approach because since the balance can foot his bill or sustain him while the next salaries comes and what we must understand is that the money his is using for DCA is not a wasted resources and can be easily gotten back if he wants provided that bitcoin prices is on positive side. What I easily sees as aggressive investment is when someone receives salaries and wanting to put all into DCA and later run began to dip hands into investment for his upkeep and as a reserved funds.
Agresive Investment is not only putting all your fund in bitcoin without having reserved and emergency, sometimes investing %80 of your fund in bitcoin without considering the level of your discretionary and emergency fund can as well be seen as agresive or over doing. like as I explained above if you received $1300 and you invest $200 each every week, making a total of $800 per month left with $500, that is a bad agresive Investment and surely the person is over doing it. because your bitcoin Investment should be don in a manner that you will not over do it. It will definitely affect you or Put you in a tight corner. If you Invest $800 on bitcoin how much will you use for feeding and running family expenses? Or how much will you set aside for emergency and reserved? Surely if you over invest in Bitcoin, the $500 available amount you will not be enough for emergency and reserved. Definitely it will affect your bitcoin HODLing. Though it depends on you and how you can be able to manage your family. If its you alone you can cope but if it's a large family I doubt if you can manage. The point of the matter is that don't over invest what you can not afford to lose that will make you to sell you bitcoin HODLing down the road because of not having a discretionary fund to back you up. [/quote] You can invest aggressively when you have the funds to do that, the most important thing is that you don't over do it, if not it will affect you, and you will end up selling some part of your bitcoin to conver up some emergencies that will arise. Your emergency funds is good to be in a good position size because that is what will determine how aggressive you will be in buying regularly weekly or monthly. |
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Exchanges are the ones that makes more profit than casinos. Whoever is using bitcoin or cryptocurrency needs an online exchange before he can convert his crypto to fiat and vice-versa. Exchanges have so many ways in which they generate profits from their users, and we cannot do without them since they link fiat to crypto. Online casinos are the next in profit after exchanges, because more people are involving in gambling daily, but we can still do without them, since we have offline based casino that is mostly used by the elderly ones. Casinos only gets their profit through customers losses and they also pay their winners through that.
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The penalty goal for AS Roma is a very good chance for people waiting for a betting opportunity. A double chance for Leverkusen or with a litte risk betting on Leverkusens win is very attractive. Although the Roma players also played well in the last minutes of the first half. Nevertheless, I don't think Leverkusen will lose this match.
The match has only finished one half and indeed As Roma got the opportunity to get points in the first half in the penalty box so they got a goal for the first time in this match, the second half is just running, it is quite interesting if you want to take a bet on Bayern Leverkusen when losing because the odds are quite large too, but who dares. I think the same, Leverkusen will not lose this match but if you think about it, the most logical can be 1-1 until the end of the match, that is the most likely number in the second match. It seems that As Roma are really playing very seriously and tightening their defense. Roma is back in the game as Paredes have scored the second goal with a penalty for the second time. Paredes scored the second penalty with his eyes closed to show that he has the picture of the goal post in his head. Leverkusen is doing the playing while Roma is doing the scoring due to mistakes from the defenders. I don't like why that handball that was committed by Leverkusen player, which was a dangerous one. Will it be possible that Roma will break Leverkusen's unbeaten record. Leverkusen 0-2 Roma |
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These games are completely different. Players have different limits and while Real Madrid would be better at playing consistently over the course of a season, anything can happen on such an evening. Odds for Dortmund to win the game are around 5.0, but it is indeed hard to believe that Dortmund can win it in regular time. But see how they eliminated Atletico Madrid and PSG and of course they will need some luck, but isn't it the same for Real Madrid? Seeing the referee taking away that goal from Bayern Munich was kind of lucky. Everyone thought they would lose that game and then Manuel Neuer makes an unbelievable mistake. It is all part of the game.
Yeah the chance is still there. We shouldn't forget in the last season, Manchester City was completely humiliate any opponents, but when they face Inter in the final match, it's actually 50/50 match and Manchester City only scored one goal. Dortmund on other hand, is really confident after they beat PSG two times. If Dortmund can get the trophy, this would be a honor to Reus. With the way Real Madrid played yesterday and won the match at the dying minutes to extra time, is the same way they will put up all their seriousness on the final day to make sure that they win the trophy. PSG is not as strong as Real Madrid, and it was Dortmund fate this season that they will be playing in the finals, if not PSG played better than them but they were unlucky and that is why you see that their balls was hitting the goal post in both first and second leg of the matches. That luck will not be on Dortmund side on the finals but rather it will be on R.Madrid side. |
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I wrote the thread because I see that newbies are creating different threads complaining how they are being attacked by forum members.
Newbies should stop feeling attacked by anyone when they are been corrected on mistakes that they make here, or when they create some kind of thread for merit sake, which some members believed that it is to farm merits. As a newbie, it is a norm that you guys will have no knowledge or little knowledge on bitcoin and the forum, and that is why when you come up with a thread or comment, high rank members will correct you.
Let the newbies not see this as a problem to them in order for them to learn on a free mind and grow gradually just as other members put their efforts and time to learn and grow in the forum. This forum is a place to learn a lot and there are experts in various boards here, so correcting you is not bad but to make sure that you don't spread wrong information that can mislead others here or even outside the forum. Almost everyone here in the forum with high ranks have been corrected when they were newbies too.
Newbies are not only being corrected but they are also being encouraged and being praised. This is why newbies need to take their time to learn by reading here and making researches to improve their knowledge in order for them to come up with quality contributions.
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I can see from this information that the government of US have a big interest in cryptocurrency but they are doing as if they don't care about the profitable digital assets. Now I see the reason why they are having issues with exchanges, because they have seen the billions that exchanges are making a day. The ETF launch also broaden their knowledge to see how the world have moved their assets over to cryptocurrency, and now they are trying every means to see how they can regulate it. It did not just stop at there, the government also want to have their own piece of cake, by having the intention that banks should be permitted to be in custody of cryptocurrency. Is this another way in which Biden is thinking the government can be in control over the crpto space. I posted this topic here because it is bitcoin especially and altcoins that means cryptocurrency. What are your thoughts on this.   |
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I am happy that Dortmund is in the final, they are playing very well this year and I wanted them to win. What really matters now is which team will be the other team.
We watched a 0-0 draw in the first half, I am very curious about which team will take more risks in the rest of the match and which one will win. Real Madrid is playing better so far, but it is not easy to predict which team will score
Real Madrid is playing very well but they need to score one goal to keep them ahead of their visitors, if not a slight chance that Bayern will have they might net the ball, and that will be a tough one for Real Madrid. Vinicius is really making a difference in this second half, as he has being crossing out the ball from the left wing, but nobody is always there to put the ball inside the net. Rodrigo just missed a great chance. |
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If compare the price since this thread is created, i think we never ever going back to the 2019 price, so I think no more deep price like 2019. The most appropriate course of action for now is to buy everything and don't be scare about peak price, you will see another peak if you HOLD it
Is still a reckless tactic in my own opinion and buying every dip and hodling is still a better tactic, a lot of people didn't expect the prices to crash at 2018 but it did happen, buy the price at every down turn to make sure that you aren't losing a lot of money when a big dip ever happens. The problem is that we don't know what is in store for the future, so all we can do now is to risk a little but be full of caution on what you are doing. You can hodl but you don't need to buy at every price point, if you want to profit big, you need to wait for a big increase in the prices which could take years or in best case months. I don't get your point, are you insisting that we should not buy bitcoin at every price level, of course that is the best way to buy bitcoin for new beginners who just started their bitcoin journey. This is give them the opportunity to build their bitcoin portfolio overtime as long as they can constantly buying weekly or monthly using DCA. Buying at the dip is good and it is the best way to make good profits, if you are opportune to buy at the dip. The DCA method is the best, because you don't need to start waiting for months or years or for an unknown day that may/maynot come to pass. This is why it is not a good practice by a new beginner or a low coiner to wait for the dip, because he might end up not buying when the dip comes, or he will still be waiting for more dips, when he is already at the dip, which will become a big challenge on him to build his bitcoin stash. The purpose of buying bitcoin is to have enough as an investment for the future, because in the future bitcoin will be more precious and valuable than what it is now. The bottom line is a new investors or low coiner should not stop buying but continue building regularly, and this is why the DCA strategy suits them most. It is only investors that feel they have enough Bitcoin or have acquired a high level of bitcoin that buying at the dip is the best strategy for them. |
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Government only regulates the casino but they don't make sure that the casino keeps to the law. This is why you see that underage are gambling in betshop, and that should not be so. The government is not helping issues, because from what I understand they are only after the money coming out from the casino as their taxes and not about the casino activities to make sure that the casino is not abused or used by undeage. I will also blame the attendants on the betshop for allowing such child to book his bet. However, we might still put the blame on the parents and guardians of these children, because sometimes the parents or elder brother send these children to go and book a game for them, while they stay at home.
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It would be very sad if in the end Mourinho's dismissal did not produce good results for AS Roma even though AS Roma fans hope to achieve good results with De Rossi but it is actually the same and worse than last season, indeed coaching a club in the middle of the season is a tough task even De Rossi himself was forced to adapt quickly, which was also not easy for other coaches.
I think As Roma has gotten better since Mourinho left, it's just not that easy to adapt to the new coach De Rossi but so far since being led by De Rossi I think it's been pretty good, it's just that it will take time next season to see As Roma perform even better. , I don't know if the failure at UEL will fire De Rossi or not but they still have a chance to play in UEL next season if they succeed in overthrowing Atalanta and succeed in defeating them this week, hoping that Atalanta will make a mistake. As Roma looks better since being coached by De Rossi. I think if they have to change coaches again it won't help them perform better next season. I think As Roma should give that opportunity to De Rossi to be able to lead As Roma next season at least. new players to fill the main squad so that it can be better, As Roma still has hope of winning against Leverkusen and also Atalanta, but it all depends on De Rossi arranging a strategy for his team so that they can give a surprise in the UEL or in the remaining Italian league matches this season. I think De Rossi needs another season for As Roma to adapt. It will be impossible for Roma to qualify to the finals, because Leverkusen are more mean and desperate to win Europa this season. Let De Rossi think more of surviving on their domestic league to see if it will be possible for them to be in UCL next season or Europa, because that is where will determine the competition they will be playing next season in Europe. De Rossi has shown that he can do better next season if he is given the opportunity, by the way he revived the club after he took over from the former manager Mourinho. |
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Then Bitcoin is worthless because no blocks can be mined and no transactions would go through.
I beg to differ, if this happen, I would say Bitcoin will not become worthless because no one can sell Bitcoin and no one can buy Bitcoin, so the price will not change. This is the reason why bitcoin will become worthless because it is demand and supply that determines the price of any commodity at that particular time. Like state above, this can only happen when the world is destroyed, and when the world is destroyed, who will use the bitcoin network, nobody because everything is destroyed including human. Bitcoin become valueless. |
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I'm so happy Dortmund made it to the final. They deserved it. They didn't concede a goal to PSG in both games. In total 6 balls hit the post, but that's part of the game. PSG should have scored, they couldn't do that for 180 minutes. Today they had 30 shots, not a single goal. This cannot be explained. No one should say PSG played superior, they were better. Dortmund deservedly came here and deservedly reached the final. I hope they win in the final.
Yea, a lot of people haveost their bet again, because most people thought that PSG would be able to win this match amd also qualify to the finals, but it did not end like that. This is because PSG was unable to penetrate Dortmund defense which is tight. Dortmund was able to win home and away on a clean sheet, that shows that PSG lacks some quality finish in their team. Their defense is also poor, and I am happy that the strongest among both clubs was the one that qualified in order to make the finals very interesting. Congratulations to Dortmund for advancing to the finals when nobody thought of them in the beginning of this competition. |
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