|
What I understood and I will definitely practice after building my bitcoin portfolio is diversification. I can’t go into bitcoin 100% fully without owning other asset, I can as well build my bitcoin portfolio after withdrawing for other investment choice. Ending bitcoin investment is not even right after spending so many years building a quality portfolio, withdrawing has a different strategy so an investor don’t end up messing around with their investment all just for withdrawing profit. Everyone will decide what’s best for their well being likewise decision making in terms of investment choice and profit, every investor will set a goal before thinking of investing with different plans.
|
|
|
|
I see that current youth is inspired by celebrities and influencers in big way. Did you also start investing in bitcoin because of some celebrity ? Or you know people who belong to that category ? Is it a wise decision to do so or we should do our own research for better results ?
Make your choice and decision moreover you’re the one controlling your money and making financial decision. I dislike influencers and advert not just crypto related advert but, mostly every advert create by an influencer just to promote a website etc. most celebrities live a fake life so you don’t know if they’re genuinely involve in any coin being promoted on their page, Ronaldo for example and a lot of celebrities end up promoting an unknown website etc. Bitcoin is good and trusted but, still doesn’t show any interest if you invest just because your favorite celebrity invest too. I got my bitcoin investment advice from a friend not a celebrity, at that point I still had to make research about bitcoin investment, learn more about bitcoin and still in the process. |
|
|
|
It can be very improper and unrealistic for any one to assert that historical events will determine that of the future, every investor should always know that historical events is never a guarantee for the future events rather it only give a guide, a lot of forks has failed to be knowledgeable about this fact.
From things that have happened and have become history at this time, it is indeed appropriate to be used as a guide and nothing more than that, because the guarantee of making a profit in the future is not determined by events that have occurred in the past. Because different things are always possible to happen to the market and Bitcoin and can also give birth to new history as we have seen this year where Bitcoin's ATH occurred before the halving. Meanwhile, in the past, this was not the case, so holding on to historical benchmarks will not always be correct, especially as conditions can change every year. This is right, this is the major reason past pattern is also not guarantee although an investor can still follow same investment planning as usual following the due process before buying weekly or monthly but, hoping for previous performance to take place again over over is not guarantee. As most people will say history repeats itself but I don’t consider a volatile asset like bitcoin to follow same track each circle from my view, although at this moment most people will get impatient due to high expectations from the market and people like this usually follow past performance saying bitcoin price look stagnant cause they actually expected more. Personally as a newly investor my hope is not directed to bitcoin price movement but, I keep accumulating cause times like this is just an opportunity to buy and hold more. |
|
|
|
Users must take their own security measures that can be susceptible to mistakes and attacks. I must say non custodial wallet is a good one but one must be ready to take responsibilities privacy, wallet security, protection against fraud.
Nothing is so perfect like excess perfect, we just have to choose the best among different options and honestly speaking, non custodial wallet is not so difficult as people view it. I will prefer to learn and use non custodial wallet rather than storing my coin with a third party, bitcoin initially has to do with privacy and security so seeing any investor running form responsibilities is not ready yet as the best option is privacy and gaining control of your coin. Sometimes I wonder about third party wallet cause from my opinion third party service is similar to bank service meanwhile bitcoin is freedom from third party so what’s the point. |
|
|
|
Crude is one of the most valuable natural resources in the world but if you look around many oil producing states are facing serious economic challenges. Before now crude used to be valuable and made many countries wealthy but now nothing like that again. Is it that these natural resources are not enough to keep us going?
Hydro and electricity is making crude to become irrelevant that is why it is not bringing much value, and people still depend on crude.
The issue you mentioned about hydro and electricity physics and chemistry related is not accurate, although countries depending on crude oil only will not gain value and if you want to compare during the past don’t forget population will increase massively and development will take place. Nothing happened to natural resources but, mono-product economy can affect the growth of a country whereby a country only depend on just one source like crude oil meanwhile there’s a lot to settle, allocation, infrastructure etc with all the bad leaders taking loan when not even necessary. I feel the need emphasizing on poor economy structure (mono production) with bad leaders cause crude oil can’t fight everything but if a country source of wealth comes from different angles I believe things will look more better. |
|
|
|
I am not one to judge but every gambling addict I have meant are encountering trust issues in their relationships. It has affected them so much that they do not mind deceiving others just to be able to gamble. You see them sitting quiet and sober whenever they lose. They avoid all forms of human interactions and it affects their social and support networks. I think that anyone who is willing to speak up and intentionally seek for help will have someone running to save them.
People who are addicted to gambling will never think twice about cheating people to gain money. Gambling addicts will never think twice about cheating on their family members what they would cheat on others. I have a neighbor here who is so addicted to gambling that he doesn't earn any cash but the family is constantly taking money from his parents and wasting money by gambling. When his parents say something, he gets angry. Constantly takes money from his mother if his mother doesn't give him money he even lays his hand on his mother. After seeing how gambling is really harmful to a person or gambling turns a healthy life into an unhealthy environment. Play for them. Of course, everyone should refrain from such gambling so that his family's happiness and peace will be maintained and he will be able to live a healthy life. I dislike seeing addict disturb their parent for gambling funds as this is controversial because the parent will have no option but to provide the money. At that state the gambler is already developing an irresponsible habit so by the time the gambler in question is grown with his own family will he still come to disturb his mom or by then the gambler will develop self control. The financial loss is being an addict and irresponsible at same time cause it’s so difficult for some addict to buy something valuable with the money they have rather they go gambling always. The best thing any gambler can do is leave placing a bet when they don’t have the budget or else any gambler can easily turn to an addict the moment they feel like playing always. |
|
|
|
I've a friend of mine who always complain that ever since he started gambling he haven't won a good amount, instead he'll be winning less money than what he expected but he can't stop. So I'm asking what do you suggest he should do at this case. For me I told him that he should know that gambling it's a game of risk and luck, but with the constant betting you might win the amount you've at mind someday. So what are your suggestions towards this.
I don’t know if this suggestion is accurate but you’re actually giving your friend hope why he should gamble consistent for a lucky huge win someday. You don’t hope when gambling likewise a gambler not predicting rightly, what I’m trying to explain is consistency and luck walk differently so you can see a gambler who gamble for year but no huge win meanwhile a new gambler who just started can get lucky and win. Your friend is not ready yet for gambling or else gambling win remains gambling win or else your friend want the life changing win which is so rare. The advice your friend need right now is never expect anything big or small from a game, aside gambling or other games, competition etc. expecting something huge is basically not guarantee so why not prepare your mind to face any situation big or small. |
|
|
|
This game is still a big match even though Manchester United is having a bad form. The sense of rivalry would always be intense in every big match between two historical rivals. Manchester having a good record against big teams is a proof that the sense of rivalry has always been a boost for the morale of the players to play with determination.
Arsenal have been in their peak form lately, they won games with big margin of goals in the last some games. They still the favorite to win this game, but playing at Old Trafford is never easy for Arsenal even when Manchester United having a bad season. Arsenal have a bad record against Manchester United at Old Trafford, but this season, Arsenal is having a different mentality, winning at Old Trafford shouldn't be a bigger challenge than keeping their hope to stay in title race.
All that remains of Man United is their big name, but not their performance, and I think the match against Arsenal will be another nightmare for Man United. Previously I also thought that Man United would be a stumbling block for Arsenal but after seeing how Man United played against Crystal Palace, all of these thoughts seem to be completely wrong. Man United will have no chance of stealing points from Arsenal, even they will be lucky if they don't lose by more than 2 goals to Arsenal. The conditions of the two teams are completely opposite. Arsenal is on fire and they have very high motivation to win, while Man United is slumping. I actually viewed the probability of both team and to my biggest surprise the chance for Arsenal winning against Manchester United is so big. I don’t know if all this happened after the crystal palace game but, definitely Manchester United lost their respect and chance after the game, aside home benefit, I do think home benefit cannot save United from Arsenal cause I believe Arsenal don’t want to miss this one last chance proving their strength. It will be so funny if Arsenal never get to win Manchester United after all their opponent and tough matches they’ll need to defeat Manchester United. |
|
|
|
|
KYC can be use to trace and identify any customer because personal details and information are included but, I have this thought if the customer didn’t submit KYC at first cause most casino hardly require for Personal information and when such user account get ban, how can the authorities identify the user and the illegal money used for gambling. It’s very difficult without KYC or rather let’s assume the customer submitted every information the casino needed before accessing the site, let’s be realistic during all this process the casino can smell something fishy about the customer in question even before depositing money into the casino. If the casino should keep the money I will call that selfishness cause they don’t want an illegal money so what’s the point keeping the money when the user is already banned, I don’t know how casino run their choice within but, it’s obvious they can’t keep the money.
|
|
|
|
There is absolutely still more than enough bitcoin to go round and everyone can still own bitcoin.
From the title, I think I agree with op that everyone should own bitcoin no matter how little or small it might be, everyone should rather own bitcoin and preserve their future as bitcoin is already proving to be one of the safest way to survive the future.
No doubt, bitcoin investment can be use as a hedge against inflation and commonly known as a valuable asset. Concerning trust and confidence, bitcoin has proven value in several situations and definitely I don’t think bitcoin is a weak investment choice. Comparing bitcoin investment and altcoins, people running after projects should still focus on bitcoin as this is the right time to buy and hold for future purpose. Altcoins projects are mainly for quick gains so I don’t expect an investor to hold certain coins for long run, no time is the best time but now from my opinion. On the other hand, I also think a lot of people who who about bitcoin, don’t also own a fraction of it and this isn’t because isn’t because they don’t want to own a portion, but because I can’t afford it and you’ll agree with me that there are people who know so much about bitcoin but don’t have the money to buy or even hold.
People intend to preach what they’ve never practice but, investing is not so difficult as people talk mostly in financial aspect. People usually complain about money but they’ve not even gotten any knowledge about bitcoin investment and bitcoin accumulating strategies , secondly I doubt anytime I hear words like investing requires just huge money because an investor can start with the little and grow gradually that’s what investing is all about. Any investor with the knowledge but lack the finance to start is causing more pains that will lead to regret because a time might come when the investor will not see bitcoin in previous price range. |
|
|
|
I hardly visit the El Salvador thread but, I’m convince not everyone living in El Salvador do make use of bitcoin as transaction means (currency). I watched an interview talking about average citizens living in El Salvador and their approach towards bitcoin adoption as most of them will prefer using bitcoin for transactions meanwhile some will hold bitcoin as an asset mainly cause of volatility and high transaction fees https://www.coindesk.com/consensus-magazine/2023/08/07/two-months-in-el-salvador-the-ground-game-for-bitcoin-adoption/ For more info. Nigeria government accepting bitcoin as El Salvador government will never happen and from my thought it’s not so necessary as bitcoin enthusiast just need a beneficial environment, seeing all this kind of thought and behavior coming from our government just to extract money is nonsense.
I don hear of cases where by after person withdraw from bank or ATM finish as e dey go em destination, armed robbers go just ambush am collect everything for em hand because of exposure wey e don place emself for the bank. But when it comes to crypto currency, una fit dey house do the transaction wey no body go dey aware of sef.
I also heard similar stories like this due to improper security, although this act is just too wicked but, all this can still happen when dealing with bitcoin in another different way. We just need to stay protected and secure |
|
|
|
Someone in a tight situation who can barely earn or foot his bills can not in any way squeeze out something to save. Inflation rises faster as the year runs out. For someone in that situation, it is best he use his money to learn a bigger skill or start a small business. In this case he would be aware that he did not eat because of a good reason. The new skill might start paying him better in a few months or the little business might start yielding profits gradually.
The only difficult part of taking such action is that people are too shy these days to start a mini business. They expect to have millions before starting any business.
Actually, it's not a shame for some people who don't want to start a small business, but more because their prestige is too big so they don't start it. But when someone is still reluctant to do such a thing, while they really like Bitcoin and hope it can go to $100K, how are they going to buy Bitcoin before the price of Bitcoin goes to $100K? This should be a question for those who don't want to work to earn more money by improving their respective skills. Because improving our own skills is quite important so that we can reinvest the income we generate in Bitcoin and hope for more profits from there. You can't buy what you can't afford that is something we all know. If you aspire to get Bitcoin before the price reaches 100k yeah it is good, but if your income is not enough for you talk more of investing through it then there is nothing to be done there. The solution is to look for a better source of income or use the one you have and make good use of it to become successful. Although trying to do other business before investing would take some time, since the business needs time to grow and start yielding good result. There is always a good time to buy Bitcoin whether the price is at 100k or above. Trust me if you are in the level of earning $1000 monthly you can DCA and get a lot of Bitcoin. If you're below this standard all you need to do is to get to this level. Because there are some things you can't afford unless you have reached the level to afford them. I wonder why people find it difficult accumulating bitcoin with the little they have, aside the $100k speculation and other speculation investors focus should be directed to a long term plan mostly when accumulating with little amount for a set goal not minding till they’ve gotten a balanced portfolio using dca strategy, investors with little income should focus on dca till they’ve gotten to a better position like I remembered setting an example, after salary payment weekly an investor can write down budget for accumulating like 15% weekly and other percentage can be use for needs and reserve funds. If any investor continue the act weekly as usual I believe an investor will make profit during the long run |
|
|
|
Our impact here is to make sure we serve some people not to be addicted in gambling because we have seen many people who is addicted in gambling what the team caused them so we don't need to allow our offspring or beginners in gambling to be a victim of gambling additive any longer because we have seen that there is no profit or benefit for someone to be gambling addicted being a gambling additive is like putting all your hope and trust in gambling so whoever that I have a work to do will not participate fully in gambling it will have a duration to gamble
Actually its our individual choices once we choose the pathways that we are in to addiction then we will get addicted but if we choose those pathways that are careful and have a discipline then we will playing because we will feel happy and also the most important thing in gambling is that we need to discipline ourselves inorder to prevent losses. Cause In the near future once we are reckless then addiction will come and control us. And for those beginners in gambling always remember that it's okay to gamble as long us we use our exists money. Being an addictive gambler is just a choice and nothing else, no one can really stop any gambler from being an addict. Of course we can only advice and give warning but all this depend on the gambler if he/she is ready to change, during the early stage gambling can be trickish cause at first most gamblers get to win and feel like trying always. I can relate when I started gambling, resisting all the force and emotions is difficult that’s why people will hardly change regardless our advice |
|
|
|
|
Considering all this is actually necessary at the moment , the valid point I can relate when gambling; the amount used and how comfortable a gambler feel gambling with such amount. Gambling for gain is normal but, not so excess as most people view that’s why people choose gambling for fun because you don’t get lucky always and you have to accept the end result, like preparing your mind ahead so you don’t get angry wanting more for a lucky win. I read a thread about gamblers gambling more when angry, all this might stand as a challenge and it’s not advisable staking your money over and over again just for a win, after considering all this it’s better a gambler stake what they can afford to lose.
|
|
|
|
Everyone will make their decision if they’ll want to sell or keep accumulating although during times like this investors get tempted not because of the price but, I guess the hype and what they heard about bitcoin halving and ATH. Almost everyone expected bitcoin price reaching $100k and beyond this season but, guess what? People who followed speculation before investing will not even bother to hold talk more of accumulating now. I’m stating reasons why investors mostly newly investors who just invest because of bitcoin price movement will not accumulate. People are still left with fear and this is normal, bitcoin price movement is volatile in nature although people invest heavily and expect profit so when things don’t go as plan they withdraw. Personally I still accumulate and hope for more, aside the current price and state now, bitcoin price might likely move higher under probability. It's better if we can hold and sells at the range of the example of $100,00 is a big feeling to had missed golden chances when the market price reached $250,000. But the question "when do we've to sell"? because looking at it, bitcoin would always meet a new ATH.
While everyone has an investment goal with their bitcoin investment, it doesn't seem bad if we finally reaches that point and just sell.
When to sell should not stand as a Hindrance neither should selling bother you from my view, the amount you’ve accumulated will determine if you should sell or not, I feel the need accumulating more before I go ahead to sell for more profit, even if bitcoin price reach $100k and beyond not everyone will feel the need selling cause they’ve not accumulated much that’s why it’s better an investor gather every resources needed to accumulate now. |
|
|
|
|
Complains and comments like this kind is common, although aside the internet not everyone can even withstand harsh words so let’s say people in this category should avoid place like the internet and open space when everyone is allowed to talk freely. Honestly speaking, some words can be so annoying and hardly I view attack like insulting words except the newbie did something wrong because no member will attack any member without doing anything wrong. Advising and blaming any newbie feeling annoyed at this point is getting tiring, anyone who feel angry should put more effort and learn. No one is above correction and personally correction is needed or else members might end up spreading ideas that’s not even right.
|
|
|
|
Gambling in a hall with a mentally unstable person is quite uncomfortable for my liking, because it could be an act of selfishness for the gambling attendant to still give service to a mentally unstable person when they know that the person isn't in the right state of mind to make good selections. From the description from the op, it's obvious the person was mentally illed, and him been able to compose emself doesn't necessary mean that he is stable in gambling selection. Be might pretend to be fine because he/she knows that he'll be kicked out if he causes any trouble. Such person should be deprived the right of playing gamble, since they can just end up being a n irresponsible gambler.
The issues is the state of mind, what’s the person thought at that moment when placing a bet and the reaction taken after seeing the end result either good or bad. Mentally unstable person should avoid public areas like a casino center for example for customers safety, the casino in question might lose customers if they continually provide service to a mental ill person because everyone is watching around and I will not like being in same space with such person likewise others also. At that state, the least service anyone can render is treatment not gamble because it sound as selfishness from my view. |
|
|
|
|
Aside money challenges. Is the trader in question knowledgeable if I may ask, Not every trader earn from trading direct because most knowledgeable traders set live streaming videos and educative videos without spending much money during the process, the only stress here is building the followers and get the knowledge on how to pass information to the public. Lastly if the trader is new and not knowledgeable with no job then it’s difficult earning so quick, hard work can help or rather being focus might help but still doesn’t guarantee quick profit.
|
|
|
|
|
Show Posts
