I've been wondering how many people actually set a limit before they start playing. Some people seem to decide their budget beforehand while others just deposit whenever they feel like playing.
I only make deposit whenever I have predicted my games because it helps me know how much I should play a particular game which means that after predicting, I will be entering different amount to see the potential win and if it is okay for me ( if I can afford to lose that amount of money) then I will go ahead and make my deposit and bet and then wait for the result. Though I still make deposit before I predict but it has been long I try that shit however, the most important thing is that you are gambling with what you can afford to lose.
|
|
|
|
I'd like to point out that this won't just become a burden; it will completely hinder the investor's ability to accumulate further savings. Therefore, it's important to try to plan your financial gains and losses in advance. This knowledge allows you to understand how much money you'll have set aside for investing in Bitcoin.
There is actually no need for an investor to be planning financial gain and losses I mean what for? The people that should be talking about or planning financial gain and losses are traders and not investors perhaps you are mistaken traders to investors. The goal of every investor is to get to overaccumulation stage and they can achieve this through consistent accumulating of Bitcoin in their portfolio using their discretionary income because if peradventure they used money outside their discretionary income they have jeopardize their investment.
|
|
|
|
When you have different sources of income, it makes investing easier, and you will be able to accomplish more than you can think because you have more money to do more things. It will not be a bad idea because there is always a principle that when you want to make more money, you will have to use more money also, and there can be a shortcut because when you have enough money, you might not even need to make use of DCA or even need emergency funds. After all, there is enough money.
For those who don't have much, they will just have to do DCA and have emergency funds. The difference is clear you will have to start building gradually, and the difference is because of having enough money, and that is why money is important in this game.
Some people believe and think that plenty source of income means availability of discretionary income but may i inform you that, this believe and thinking is very wrong, there is this thing people always say " plenty money, plenty problem and responsibility" some of the people who has plenty source of income can barely sort out a discrestionary income to use in Bitcoin investment because of needs and other responsibilities, sometimes people with small income tends to do better. So it is not just about source of income but about needs and responsibilities.
|
|
|
|
Croatia did well not to concede much goals yesterday but this doesn't change anything because they lost the game, Spain was much better than them in all ways even when Croatia had scored first i still believe that they can't a win against Spain because Spain were holding the more than Croatia dominated the game with high level of ball possession before getting their 1-2 win after Croatia were reduce to 10 men in the pitch, I was happy that my prediction went through yesterday because i betted the game both team to score and it happen.
You know, at some point I was wondering what Spain was playing on the pitch that they didn't bath Croatia with goals I mean what England did to Croatia was meant to be small compared to what Spain would have done but to my greatest surprise Spain narrowly escaped draw from the game but that is why football is very unpredictable. I know some people will play over goals because they think and believed Spain will score a lot of goals but that doesn't mean they are not good.
|
|
|
|
|
That is why I believe only few or no gambler gamble for fun or entertainment because at some point in time they will always revenge their losses and normally it is very difficult or hard for someone to let go of their losses especially when it is money they can not afford to lose. Yes, sometimes winning can make someone become addicted to gambling because when someone win for some period of time they will get this feeling that winning is very easy and it will continue going that way which is a wrong information they are giving themselves because no one is always perfect.
|
|
|
|
 I'm holding the home to win the game. MU might be is as bad as Spurs, but they have home advantage. It's true MU is shite by sitting at 12th, but they can still at least getting a win and two draws against stronger opponent Meanwhile, Spurs is even more shitties than the promoted club because they're at 20th with zero win. Even though Tottenham Hotspur performance is so poor and may not have win any game in the premier league I can not bet Manchester united to win them because this team Tottenham Hotspur is one of the worst nightmare for Manchester united. At least the Europa league final they played was a typical example of what I am talking about. I can not encourage anyone to bet this game or bet Manchester united to win but the best option will be over goal.
|
|
|
|
FIFA cannot give Ballon D'or to Rodri or Messi because they don't deserve it and it will be clear that they don't know their job or it was a cheat. Amongst all contenders, Mbappe is the most qualified to me, because he did great in all competitions. Ballon D'or is a personal achievement which makes it impossible for Rodri or Messi to win it. It will be unfair if it's given to Yamal because Mbappe performance was better than his.
I don't think this award is based on personal achievement alone because I am very sure FIFA can not give this award to a player that have so many assist ad goals without winning any major trophy that won't be possible. Mbappe may have a personal achievement more than Lamine Yamal and some others players but the question is, how many trophies does he have inside all this achievement? I am not concluding though but he can not win because of this reason and I still believe the favorite are Harry Kane and Lamine Yamal.
|
|
|
|
I think that discretionary income is the key factor, but I will add that a lower bit price does not mean that investors are more able to take risks. A 20% drop could seem like a good deal but if a person takes up a year of future savings to purchase that 20%, they've actually lost flexibility. I believe the best way is to determine how much you want to spend ahead of time. Then make your purchases at the right speed. This will enable a dip to affect the speed at which you deploy your allocation without altering the overall financial constraints that you already have.
Discretionary income is very important in our Bitcoin investment because without it we can't be able to invest, while investors are busy accumulating their Bitcoin they should also make some funds available for the Dip if they are interested in doubling or been aggressive anytime the price Dip. And I see Dip as a big opportunity for those investors who are ready for it and being aggressive when there is Dip doesn't mean you are taking much risk, as long as the fund is coming from your discretionary the risk is okay.
|
|
|
|
Manchester City have enough money and if they are fined then they will definitely be able to pay. But is a fine the punishment? If I kill someone and if I later give that person's family some money and say forget it, then for that amount of money, that dead person will come back to life. If only a fine is imposed then it will definitely be like discrimination, because those who have money can do whatever they want and those who do not have money will be banned for 2 years or more if they make such a mistake. There must be a big punishment for this kind of mistake so that no team makes this mistake again after seeing this punishment. If only a fine is imposed then we will see this mistake repeated in the future.
A lot of people are so much anticipating on what will happen to Manchester city because of what they did but I have not heard anything more severe and the way the case is taking longer time there is a chance or tendency this fine can be rip off but we can not tell for sure. However, since some teams has been punished for this same or similar act perhaps they should also punish them as well maybe people who are already doing this or trying to will change their ways .
|
|
|
|
I am always team by something nice for yourself whenever you win. I do not care whatever it is whether it is a vanity item just buy something nice for yourself and enjoy it because it is not often that the odds is in our favor. Personally, I look forward to a time where my winnings would be enough to afford a vacation trip for me, but until then I’ll keep gambling responsibly, and with what I can afford to lose.
You are right, it is very okay to get something and find some calm place to chill and make your wins remarkable or noticable because it doesn't happen all the time. The mistake I don't make in gambling is after winning a huge amount of money and still lavish it on that same gambling no,, I make sure to get something good for myself because I love when I tell people or remember this was what I used my winning in gambling to do. But note: while getting something try to get something very reasonable.
|
|
|
|
I agree with you. Even when Vinicius lost the Ballon d'Or that time, I still believed he could win because of his performance and how the team was built around him. But since they signed Kylian Mbappe, I have lost that hope for Vinicius to win the Ballon d'Or because Mbappe has overshadowed him. Things like this could cause his performance to drop before he starts feeling he's not that important to the team again and that might also be the reason why he wanted to leave the club. Both Kylian Mbappe and Vinicius are two great young players that want to win the same individual title, and this mentality will make it tough for Real Madrid to progress the way they want.
I don't know what occasion would someone try to compare Vinicius Jr and Kylian Mbappe because first, they don't play same position. Vinicius Jr is a side winger while Kylian Mbappe is a centre forwarder which is the finisher so comparing these two players doesn't work or rythm in anyway. Vinicius Jr creates a lot of chances and most times he score more than Mbappe even as a winger while sometimes Mbappe scores more and as a finisher all players are meant to locate him where ever he is so that he would score so we should not compare them because they are both good in their various position.
|
|
|
|
If your investment thesis is still intact, buying the dip is warranted. Not just because the price has dropped. Bitcoin has bounced back from previous crashes. But this does not imply that all the recoveries will be as swift and as straightforward as it was in the past. Those to be mindful of are demand, liquidity. Investor sentiment and macro-economic factors. DCA won't eliminate losses. But it will make the task of finding the perfect entry easier. Avoid making an additional investment to recover your losses. Never mix emergency savings with the money that can be invested over a prolonged period.
You are beginning to contradict things dude, you were just talking about Bitcoin investment which your point were pretty valid and now you are going into trading Bitcoin perhaps you don't know that there is nothing like loss when you are investing in Bitcoin meaning that you can never make loss unless Bitcoin dump forever because as long you are holding or investing the number of asset you have will be there even though Bitcoin Dip and the sweetest path is that the price will definitely surge and we will be at profit so you only make loss when you are trading or when you sell at lower price you purchased at.
|
|
|
|
Gambling will never be an investment. An investment is something I can put my money into without constantly worrying that I’m going to lose it. For example, when I buy Bitcoin and store it in a cold wallet, I understand that the risk of losing my coins is minimal.
At the same time, when I place a bet, I understand that the risk is extremely high, and by the end of the game I could lose my money. That’s why I will never consider gambling to be an investment.
Perhaps, the reason they are mistaken gambling to investment is because of the fact that both are about making profit or money but that doesn't mean they are the same thing. Investment, since it is not a quick profit scheme people are advised always to use what they can afford to lose, discretionary income to be precise though some people still use what they can not afford to lose that is why they panic and sell and this is a sign of unserious investor and investment is always look long term while gambling is an immediate or short term stuff.
|
|
|
|
Increasing levels of aggressiveness based on price is a wrong move by any investor, it shows greed or carelessness rather than an investment strategy or plan.
The essence of investing in bitcoin will be defeated if an investor decides to start buying aggressively in dip periods without considering their available discretionary income and goes beyond it to invest with money meant for basic expenses.
Dip is always considered a great opportunity for a prepared investor to front load or double up their portfolio and in this regards I don't think there is something wrong if an investors has all takes to be aggressive I mean if an investor is prepared like I said earlier, there is not hing bad if they chose to be aggressive but people who don't understand how things works will want to follow someone who has prepared for this time to come to be aggressive and guess what, it will be a great disaster or disadvantage to those kind of investors because everything is planning and calculation.
|
|
|
|
I had to do my research before discovering this as well, it's quite a generous offer but have you checked if there are any restrictions to the the games you can play, meaning that with such a low wagering requirement there Is a possibility that you might be restricted to playing certain games. A lot of gamblers would see this offer and then get carried away by how low it is forgetting that the casino might have some conditions to this. Before trying this wagering requirement I'll make sure I read through their terms and conditions properly.
Well, like I always say the aim and goal of every casino is to make profit and some of these profit can be direct while some can be indirect and whenever a Casino offers something that look very beneficial to the customers which are the gamblers, there is always something attached to it. However, this low wagering you guys are talking about I don't really have a good idea because I don't patronize them but I believe there is always rules to every bonus and how to wager because it is not free.
|
|
|
|
It's either he's making jest of the Chelsea fans or he's only exaggerating, like which chance is he talking about? If I may ask, you know I had always thought Chelsea and Manchester United would be a great title contenders this season, but with what they've both played so far, bro I don't have any fate in them, qualifying for the top four is quite possible but they will really have to fight for it, but winning the league? Hell nah I don't think so, the team I'm even seeing fit for that miracle is Liverpool not Chelsea so he should give it a second thought.
You are right, Chelsea and Manchester united were supposed to do great this season though not really Chelsea because they struggle so much last season that they could not even finish at top 5 in the premier league table so, I was not expecting much from them but I was expecting something from Manchester united and I believe I was not the only one because of what they displayed before season ended, but it is too sudden for us to be saying this teams won't do well. Liverpool did well at the ending of the season so they are supposed to do better this season.
|
|
|
|
If Vinicius Junior's performance does not improve, then Mourinho may consider letting Vinicius go. There were rumors of Vinicius's relationship with Real Madrid breaking up in the last transfer market, but it did not materialize. But looking at Vinicius' recent performance, it does not seem that this relationship will last long, if the performance does not improve, this relationship may end very soon. Because Mourinho is a very strict manager and performance is important for him, if the desired performance is not achieved, he will not hesitate to put any player on the bench. Vinicius may never feel comfortable sitting on the bench.
who will Real Madrid replace Vinicius Jr with? This dude has played very well for the past years in Real Madrid and I can say that he is the reason this team has achieved some things because of his performance and effort yet I won't use his past to justify what he is playing now but I think his performance current is not that poor that they will want to sell him out instead they should look for way to sort out the problem. Being strict can not help matters all the time and selling Vini will be a big disadvantage to them unless they replace with someone better.
|
|
|
|
I accept that new investors shouldn't ignore having some money set aside for emergency I think the problems is a little more practical than simply saying that anyone must build a full emergency funds, sometimes with a good stable income is irregular and cannot realistically move the same plan.
Beginners with almost no back up fund it really makes more sense to begin with a little amount of Bitcoin that comes from discretionary income while building that cash gradually.
You are making sense and at same time contradicting things, it is not a must to build emergency funds which is totally correct because sometimes before this emergency funds can be build, someone must have used up the ones they would have invested and this means that they will start building everything from scratch again that is why it is never good for someone to start prioritizing emergency when they have not started their Bitcoin investment.
|
|
|
|
In a situation whereby someone has very little/no discretionary income. It is not about waiting after some time to gather more money, because that’s only temporary solution. Remember the amount has to be sustainable over time and you don’t want to get stranded again after some time. The best thing is to take a look at his cashflow if there’s a way to reduce or cut off unecessary expenses. Another option is for him to look for ways to multiply his earnings so discretionary becomes reasonable enough to invest in bitcoin and build financial cushion.
If the discretionary income is little I think there is no problem since we have the DCA which can help someone accumulate gradually regardless of how big or small one's discretionary income is, so this should not stop someone from investing in Bitcoin but if there is no discretionary income at all then I guess the person should work on their source of income and forget about Bitcoin investment for that particular time so they don't put pressure on themselves.
|
|
|
|
You’ve said it all Mate. The problem about timing the market is that you never really get to accurately predict the next position of the market. Many times, what was predicted to be the next DIP ended up being anything other than a dip. The market is naturally volatile and unpredictable, which means attempting to predict it or targeting to make a move might just end up being another mistake. Besides, what’s the point of targeting a dip if you’re actually going to hold for a long term and still end up being profitable at the end of the day?
You are actually correct but from the question op asked as a title of this thread, I do not really get what he meant by small investors, I don't really know if he or she meant short term investors or folks who don't have huge amount of money to invest in Bitcoin. But, if the question is about people who do not have huge amount of money in their discretionary, sure they will make a good profit if they have the long term mindset and most importantly if they are consistent in their accumulation but if it is about short term investors I am not sure about that.
|
|
|
|
|