I have seen many too that won big money, but they lavished the money by going to the nightclubs and started living all sorts of luxury life because they didn't stress to get the money. If you are a gambler, you should think about or write down a reasonable or memorable thing you would do with the money in case luckily for you one day you won a huge amount of money in gambling, so you will ever remember where the money did come from.
Your friend was lucky, no doubt about that because things like these don't happen to everyone. There are millions of gamblers in the world and only a very small percentage out of that manage to win something significant enough that can be used to do something like starting or setting up a business because it's not a small thing, a business can earn you a living and become your primary source of income which is a great thing for anyone living in any part of the world. I have never been lucky enough to win anything significant, however, if I do manage to do that in the future, the first thing would be to think of starting my own business so that I can be my own boss instead of having to work for others for pennies, and then I will expand my business over time so that me and my family can have a better life in future. |
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No doubt Bitcoin ETF was the sell the news event, but bitcoin Halving is something different. The price of bitcoin may dump near the bitcoin halving, whether it be pre-halving period or Post-halving period but after that we are sure to see another big bull reason that may melt faces  I am sure, no one can expect the bitcoin price top in the next bull season. This is going to be enormous. It is not possible to predict the price of Bitcoin, it is a possibility that pre halving and post halving the price of Bitcoin doesn't have change and it remains hovering between 43 to 48k. After halving if you take an average Bitcoin takes nearly 1 year to get into bull phase. Before bull either the price gets dumped or it moves sideways. Since Bitcon ETF approval was a news that was used to pump the price we saw market going into green. The ETF approval would help the price of Bitcoin to surpass the last ATH , but we will need to wait for that day to come. Which ETF are you referring to? The most awaited ETFs were already approved earlier and they didn't have much of an effect on the market and the prices of cryptocurrencies were already going sideways. The reason for that was probably because the rumours about the approval that were circulating last month made the market move in a positive direction which is why when the actual news came out, investors didn't react much about it. You are right that it's not possible to predict the price of Bitcoin or know the next move of the market, however, based on charts, analysis, and past occurrences, we can have a rough estimate about which side the market might move next, and it's always just speculation and nothing guaranteed. |
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The $5 wrench attack is the worry when you allow someone to know that you're into Bitcoin. And as for the given situation, I wouldn't give any concrete answer because you can't tell what might happen and what you might do when you're there. But these situations are there to give us the warning and reminder that we should not be too vocal even with people that we know personally. Your safety is in your hands and poverty and problems of people can make them do the nastiest things that you can ever imagine and with that, will make you think whether you should tell things related to Bitcoin or not on a public forum or whenever you've got gatherings with your friends and relatives.
The point is that, why would people around me wouldn't know, and people who are not around me would know? Even in theory, if someone kidnaps me because they know I have money, how does people around me doesn't know that? How did the stranger figured out who I was? I mean in real life I have no worry like that, I do not have enough money to bother anyone to kidnap me, but even if I did, my family would know it before some stranger, how could some stranger would figure out who I was, where I live, my schedule so they could know best time to kidnap me. Also... how do you kidnap a grown man, this isn't the movies, you would put up a fight, you might get hurt, or even killed, but doubt they will be able to get you somewhere isolated from the world. This question makes no sense to me. |
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Although the words business and Entrepreneurship have been used interchangeably they aren't the same. While Entrepreneurship has to do with the indulgence and bringing up of something new despite the risk, while, business has to do with capital and profit straight up. Here, you buy other people's products and sell them at a higher price.
Some people might be confused but you are right business is created out of an idea and the creation of idea and building it from the ground is what entrepreneurship is about Entrepreneurship is about innovation and improvement to generate profit which is the business side I feel like hard work lays at the foundation of every single successful business. I have seen plenty of proof that I am now convince that rich people will always be rich. There was this television show, where they take a billionaire, and put him somewhere which nobody knows him, and he actually does things that we all can do, and he turns 100 dollars into a million dollars within three months, and most of them did, or got close. So that means, we are talking about a rich person mindset, and that only happens with hard work, you have to work hard AND smart at the same time, you have to know what makes money, you have to network, and eventually you will have a company that worths a lot. This is how you get rich, nobody gets rich being lazy. |
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In our normal business we have risk also that are damn much which could range from fire outbreak, stealing, bad market, spoilage and lots of other factor that makes starting a physical business very risky and to have high possibility of yielding great loss.
so my question is, which is more risky?
A). Running a physical business that has a whole lot of risk associated with it or
B) running an online investment with high risk of hack that could result in you loosing all your asset.
I believe it's not just about the level or the number of risks involved when it comes to starting a business or making an investment, there are more factors one needs to consider when thinking of doing any of that either offline or online. The very first thing that comes to mind is to understand the niche you are getting into. You can't study electrical engineering and then get into retail business when you have the funds, similarly, you can't start an e-commerce website if you are not into that thing and have never done any research or have known anything about it before getting into the business. If you do that, you will most likely fail. So, risks are present on both sides, but what's most important is your interest and understanding of the side you are getting into, and you can only succeed, in any of the two sides, if you know what you are doing despite the risks involved. |
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I don't know where you work but where I work I have no tap wine available, no foosball table, no yoga and I can't go out to drink tap wine while I relax looking at the sky during work hours. That video is not the only one, there were several videos of that style at that time. The original is no longer there and I guess the author ended up deleting it after being fired. Musk fired 6,000 people or 80% of the staff, so what you see in the video is a true reflection of what was happening.
Obviously in the companies where I work there's no tap wine, football table, quiet place etc too.  But what I mean is, we can create a video about the bright side in our working place even though not as fancy as Twitter's company. It's weird to be honest, why they need to hire people just for come to their company, enjoy the facilities and get paid for that?  I would guess that those are the "startup culture" in some companies that were like that during the big hype period, there was a whole period between 2010-2020 where tech companies got way too much investment and they ended up getting millions and in order to attract people, they needed to compete not in salary but in these things as well. They had to make the working conditions as well as they could, giving people whatever they think would fit them, and there was a moment where some companies even had "sleeping pods" where coders would go sleep and come back to work. That's why I think it's quite important to figure that out, if you want talent, do not give them gifts, give them the freedom and they will keep working for you, plus of course a competitive salary. |
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ethereum is the king of altcoins, but they will follow ethereum when ETH rises, and vice versa.
It's best not to forget to look at other projects that are also under the Ethereum ecosystem, then you can look at projects on the Cosmos network that are slowly becoming popular like Celestia, I think there will be many projects that want to join Celestia Modular.
ETH might be king of alts, but it still has this fee problem that they couldn't figure out. When it moved to PoS there was a belief that it would be solved, and fee would be lower, and yet it hasn't been fixed. I think that slows down the increase a bit, I think it has to do a lot better. I know that it is going to take a while, but it has to be fixed in order to make ETH go up as much as it really deserves. Plenty of people do not use ETH just for that reason, if people used it more, then there would be a lot more ETH being bought, to be used later on. This is why, if we want to see ETH peak on it is ceiling, then we need to figure out a way to make sure that it is doing fine with fees, make it cheap and quite fast so people would prefer it. |
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I also want to joke with those who are spending a lot of money on fees to experience mainnet on L2, but suddenly realized I am also one of them. Maybe our expectations are satisfied with other things, and I'm also starting to see some memecoins around taking advantage of the hype to airdrop again. A generosity (or simply a tease to attract attention), but these are still quite surprising amounts for those who don't pay too much attention, and the things that I and many people are serious about are still waiting, but perhaps see those rewards in the future as well.
Damn man, good thing you realized it early . Anyways, you can still edit or delete your post, if you want to and in case you already wrote it. That is if you feel the pain in your own joke lol. But, I don't think they are willing to risk like that only for the mere experience and without expecting anything. I'm sure they do that also because they know the coin or token is having its own airdrop. Yes, our expectations are fulfilled in others but it doesn't always work like that. So, we should not be really confident on some of them, including on this airdrop venture, since many already proved that they are only after the people's money. They are very greedy, heck them. |
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If you have not tested old projects before, I will advise you to test the old projects to see what is making people to prefer old projects than the new project because people have achieved many reward from the old projects but the new projects, they don't know what it will bring out in the future.
Old projects are most trustworthy because they have been around for quite some time and investors know that they are not going anywhere this soon even though tragic things happen sometimes, most of the time, old projects face no issues. On the other hand, new projects are risky because they can be scams, might rug pull, and cause losses to investors, and the teams might even abandon the projects if they can't keep the developments going for any reason which ultimately becomes a problem for investors. This is the reason why old investors prefer old cryptocurrencies they know if they invest in new coins or tokens, they are going to risk their capital. Everyone knows that new cryptocurrencies have the potential to provide higher profits, but what's the point if you can also lose your invested capital? The safety and security of your funds should be the priority. |
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Although coins are only listed on CEX unlike Tokens which can be listed on CEX and DEX but do not make Tokens safer than coins because it is precisely the creation that is easier than coin Tokens become easier to become scam projects, and it is proven that when tokens become a trend because developers make them on the ETH network, more and more projects become scams because their creation only aims to deceive investors but unfortunately many investors ignore that because they are always tempted by the benefits that can be obtained because tokens are always the target of group dumps and pumps so that if you can get involved when pumping will provide huge profits.
It's not about where they are listed, it's about how the project is that is creating the token. Most of the tokens that are created indeed tend to fail in the long run because of a lack of development and management, most of these are meme coins and other shit coins that are created only to earn money. If a token is created for real utility by a legit and good project backed by a good team and management, it won't scam its holders or investors at all. Still, from an investor point of view, where you are an open market investor and aren't following a specific project, it's better that you choose coins to invest in instead of finding and investing in tokens from projects that you are not closely following because coins are generally safer than tokens. |
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There is a certain level of desire for anything. Once you reach it, your desire for it will decrease. Money is something that everyone seeks to achieve. However, once you reach a certain stage of wealth, you will begin to search for something special of your own, for example a car with limited editions, a phone with a personal design, or a designer dress. Especially for you, or a rare piece like a painting. All of these are reasons to satisfy the desire to get something new and in exchange for it you may pay 10 times the money. Therefore, contentment is better, setting a certain level of profits according to the money in your hands, and striving to improve your financial situation year after year is better than searching for more money, and you deserve to get thousands of dollars per month.
You gave many good examples and from small desired things like phones, car, etc. I would like to give bigger examples. Some billionaires are very rich but they don't buy luxurious assets and just live their simple life. With them, simplicity is best and some people like Bill Gates even left his powerful position because it will help him enjoys his life with less pressure and stress from powerful position. When you are poor, you want to be rich but when you are rich enough, you will find ways back to yourself. Look at your soul, with meditation, connect back to wild environment and assets mean nearly nothing important with you. I mean Elon Musk himself lives in a tiny house, and doesn't really spend his money. Not that he doesn't want more money, but he just wants to point out that he doesn't want money for his own luxury life style or something like that. Don't get me wrong, he still sends his kids to best schools and pays a lot of alimony for his kids and ex wives and all that, but he doesn't live the life he could live, that's the point. He could live on some super mansion that is unheard of, like bigger than some towns, he is capable of affording to get something like that built, and he is capable of doing that in the middle of Los angels as well, he is THAT rich, he doesn't. This doesn't make him a better human, or a good person, I just wanted to point out, some rich people want to be richer and richer, that is their point, not to be rich so they can spend it. |
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This is the most simple yet correct explanation on the subject matter. Just additional thoughts since you didn’t mention it. Paper loss is usually being neglected by newbie traders yet it’s the most crucial part on trading that makes holders better than active trader in terms of profit.
Crypto is too much volatile so there’s a high chance that a trade will go south with this unprecedented volatile market. This makes trading will give you more lose in case the market is always against your position while on the other hand holders will just experience paper loss that soon will be negligible once the price recovers and turns to profit.
Not all but the majority who choose trading fails than those who just buy, hold, and sell (common investor). Yes, if we compare the results, investing is quite true to profit realization than trading. Aside from that investing doesn't give you pressure, as long as you choose profitable coins, you never feel any worries of it dumps or dying. Unlike trading, stressful and risky which is sometimes we can't sleep well thinking about the mistakes and losses we made. Well, it is an individual choice in where we think it suits us. Whether it is trading or just simply investing, it still incurs losses if mismanaged. The point is that, when you buy and hold then everyone will profit, it doesn't really separate good or bad because we all do the same thing, it doesn't really give people any different result at all. However, if we are talking about trading then the result is not the same, there are good traders and there are bad traders and depending on which one you are, you will either make some money or won't make any money. Obviously we are going to end up with holding bitcoin for a greater return, and that should be the most important thing, it will give you some good return and will make sure that you make a profit. I am not really after higher than that, because it would mean I would have to put a lot more at risk if I want to make that kind of money. |
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Everything written here is true and that is why the true gambling addiction can only be cured with professional help.A mere financial loss is already happening before the person has fallen in gambling addiction,for one person to become addicted it is needed for him to have quite some consecutive losing sessions.
The family is the one who feels the most heavy suffering from the addiction and the addicted person should be the one himself asking for help in order to save his family otherwise is a sure thing that with gambling addiction he will end up alone.
Professional help is not easy, nor it is cheap. I have looked for a psychological help about couple months ago, because of totally unrelated to gambling reasons, and it was quite expensive. You would have to pay 30 dollars per session, and while that sounds like not a lot in some nations, it is definitely a lot in my nation, that would mean you would have to pay 60 to 120 dollars a month, just to talk with a professional, that's like 10% of my salary right there, I do not think that I can afford to do that. This is why there are a lot of people who do not go to professionals for help and instead use that money to gamble and call that their therapy. I believe that we are going to all need that help eventually one way or another. |
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Sometimes someone needs to experience gambling addiction and lose a lot of money in gambling so that they can feel what we emphasize and warn them about, usually people have to experience bitter taste before they learn and avoid it, therefore don't be surprised if they ignore the messages and warnings that we preached in this forum to prevent them from becoming addicted to gambling, even though playing gambling responsibly can prevent themselves from becoming addicted to gambling.
Everyone who follows the correct rules of the game can usually prevent themselves from becoming addicted to gambling. That's why don't ever hope that when we give positive advice about gambling addiction, it is rarely listened to unless they really feel the consequences of their carelessness and playing recklessly, of course there are consequences. such as gambling addiction and others, responsible gambling practices must be consistent and controlled, for example limiting the budget when gambling can be used as a responsible gambling practice.
Basically all you need to do is let yourself be not consumed by gambling and you should be fine. Some people turn gambling into a lifestyle, and even though I never truly understood why they do that, that is also the reason why most people end up losing their money as well. I think it has to be a bit more important than what we are thinking about, like maybe they are missing something in their life and they want to fill that with this, it should be important to realize that we are talking about something that would not be all that crazy if we were on their shoes as well, so we do not understand why they do it because we are not them and did not live the same life they did. I still hope that they could get better and find a solution. |
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Jaiswal just made his 150, Patidar made 32(72), not many runs but I think it was more important to stay on crease, so I would say it was a good inning.
IMO India is doing good so far, everyone has contributed their fair share, ofc Jaiswal did the most but sometimes one players plays good, sometimes another (like, Rohit-Rinku in Afghanistan series where everyone else failed).
Though, I feel India would have been better off with an all-rounder, Iyer/Gill or Mukesh could be replaced for Sundar.
Very impressive inning from the Jaiswal as he holds nerve and done good job for the India while all others are fail to do anything big after having good start; wicket is batting friendly which will help batsmen on second and third day which is good for the England but things are still going in favour of India; now we have just 8 overs left in first days play and having this score they could be happy and surely looking for the 400 around because this could be good for them especially for the bowlers. Saqib Bashir doing good job on his debut as bowled 23 overs and have one important wicket and veteran Anderson also done good job with having another important wicket of the Gill who was trying to settle after having good start. |
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At some point people have to take responsibility over their own lives, it is true that governments are not really giving us the best conditions in which we can develop our full potential, but at the same time we have no other option but to keep trying, as giving up means never improving our living conditions, and while this may be fine for those that are middle class already, for those that are poor and struggling everyday just to get enough to eat this is unacceptable.
A reason why we don't need to wait for the government to help but instead, help ourselves to find a way to have a better living. Because most of the government leaders don't see the needs of the people, they only see their own and personal interests while rejecting the majority. We remain poor if we rely on them but rich people become richer because the government will even help them more. Corruption has a bad influence on society and even good officials has been changed and infected. The tricky thing about being a politician is that sometimes if you do something that will benefit the public, that could result with you not getting the votes, and you would have to do the thing that will not benefit them to get more votes. Like take USA for example, no politician does the "free healthcare" stuff, it's literally like 5 lines of law, it would be cheaper than the private insurance they are paying right now, it would literally be cheaper, instead of paying 10k per year on your private insurance, you would pay 7k higher taxes and no insurance and you would benefit 3k and you would not pay a single dime for anything ever again. It works so well in all nations, but if any presidential candidate says that, they do not get elected. |
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You can't "go bank less" with Bitcoin, because you can't buy food and pay the bills with Bitcoin. Sad but true...
The Federal Reserve will step in and provide enough liquidity for the bank, if the bank really has problems. The NYCB stocks dropped, but that doesn't mean that the bank is insolvent and the depositors will lose their money. We don't need such unnecessary drama and clickbait news.
We might be seeing more news like this, mostly because of the high interest rates in the USA. The same drama happened last year with Silicon Valley bank and Signature bank and everyone was a expecting a big financial crisis in the US, but nothing happened and the US GDP has a 2.5% growth for 2023. I think that the news around NYCB are basically the same clickbait FUD drama.
This is a pet peeve of mine. People talk about how you could be "bankless" but the reality is that I can't spend bitcoin everywhere I go, I still need to spend fiat, and that means either I will have to have cash, or have a bank account and a card. If I want to go with pure bitcoin, then I would also only have to buy things I can afford with the money I have at the moment, and never make a debt, which makes no sense to me since I would not be able to buy most of the things I have. Hell, in a sense I can't even pay my medical bills, because they are a lot, and just recently I took out a 2k dollar loan to pay for something, and how could I have done that with bitcoin if I didn't worked with a bank? It would not be possible at all. |
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When choosing a cryptocurrency platform, do you prioritize seeking out those with lower transaction fees, or do other factors such as security, user interface, or available features take precedence in your decision-making? Share your perspective below and let's discuss the key considerations within our community!
In my opinion all what you listed should be considered before going for the platform, high transaction fees can be a little frustrating and at the same time if the platform lacks security and quality features you're actually playing with your money and the end result will be dramatic. I will rather choose a platform well secured cause people who run away from high transaction fees and go for low quality we do hear their stories online and how their coin got stolen, in essence even if I'm running from high transaction fees I still make sure I go for the best with security, the two should work together and no one should be exempted. I do agree that every single detail matters, we end up picking things that are good based on everything, not just one thing. If we know how good one place can be, we end up making decisions that would give us some benefit. This means that we need to make sure that we are dealing with something that would be profitable if we know what we are doing. I agree that life is not simple and things will matter eventually, but at the same time when we pick a platform, we do not care about these one by one, we take a look at the whole package. Like when someone picks binance, they do not look at every single detail, they just look at it as a whole and see a big place that everyone uses and they just pick it, that's how simple it can be. |
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There are so many projects that cannot survive in this market. There are many things that determine whether a project can survive or not, and I think there are also many projects that are not able to survive these things. Among the tens of thousands of coins there are certainly many projects that were once very good. However, because there was no innovation and development, they eventually ended up going bankrupt. some of them may fall due to greed, corruption, fraud, and others.
However, there are many aspects that need to be considered to run a project. Apart from that, the coins that have survived so far also need to adapt, innovate, and continue to strive to develop the projects they are working on. Perhaps, currently there are still many projects that are on the verge of bankruptcy.
I also believe that there are SO MANY projects which are done in a way that they weren't designed to exist anyway, they were designed to just let it be and that is why they fail. They do not care about surviving, the point of the dev who created it was just to get funding and be rich, and after they do, rest do not matter to them at all. I think that could be the most important part, and I realize that there are some who really try and still fail, but majority of the coins and tokens created were created just so the dev could make some money. At the end of the day, life is not all black and white, so we end up with bad people and some good people but also some people who are neither bad or good, just fails because in life sometimes you simply fail. |
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The team did it on coinbase most probably a swap so they don't have to worry about learning anything.
But however be the past statements of Trump that were made like 5 years ago, he's known to be a populist leader and he'll speak what he thinks would resonate with the larger group of people. In a recent 18th January campaign speech, he claimed . “As your president, I will never allow the creation of a central bank digital currency. This would be a dangerous threat to freedom, and I will stop it from coming to America.”
I'm not sure if he fully understands what he's saying or the statement is written by Ramaswami or other crypto experts in republican team but that's one of the most progressive thought about importance of cryptocurrencies as they are.
We can't depict if he's serious with that statement or he understands anything with those terms as if he's an expert or had a basic knowledge of what he's saying. Typically, with these speeches, they've got writers and they're part of their marketing so maybe on that area where he conveyed that speech, there are a lot of people that are into campaigning against CBDC. But we can just talk about the money here that's sold or it's also related now to his speeches and campaigning since it's the hot thing that's gonna be awaited for in the US for this year until the voting comes. He is just saying whatever he wants without thinking it through and that is the problem that he has. Some people like him for that reason but the reality is that we are not going to really get anything major from him that will change the outlook of crypto. Before he could do anything about it there will be a lot of people on the way that will prevent it. Thankfully USA is not a dictatorship and one person (even if that person is the president) can't just up and change the law all that easily, he can do small stuff but even in that case Supreme court could just easily overrule him. I bet that he is going to end up with something that will benefit himself, and looks like crypto is benefiting him as much as he could hope for. |
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