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501  Economy / Gambling discussion / Re: How often do you win? on: January 11, 2024, 01:45:39 PM
If you want to feel excitement, live betting is the best. Live betting, especially on football, is nice. But the aim should only be excitement, not to make money, if it also makes money, the pleasure will be greater. Although it may seem like the most logical thing to do with an amount that will not upset you, when you earn a little, the question of why not earn more comes to mind, and then the situation becomes very different.
It is necessary to pay attention to this situation. Football is no longer a recreational game. Maybe let's say all sports are like that. The sports industry has now turned into a sector where there are many betting companies that make big money and where any kind of match-fixing can happen at any time.
You have to be careful. If the losses are large, it will be detrimental to human health. What starts as excitement and entertainment can go to different places.
I feel like that is "too much" excitement in most cases. I have played it a few times so I am not a stranger to it, and in most cases I have ended up watching it with too much fear when it was like that. When it is a bet before the game even starts, you accept any result, that day the best team in the world could play like the worst team, or fail to score, I am fine with every possibility if I bet before the game.

However, if I end up betting live, then I would end up with something that would not be smart on my part, which would be being able to see the team before I started watching. So for example a team scores 2 goals before 60th minute, and I bet on over 2.5 goals, just expect one more goal, and for 30+ minutes, they could attack and attack and still fail, before the game starts that is fine, but if I bet live, that feels too exciting.
502  Economy / Gambling discussion / Re: The most logical and profitable game on: January 11, 2024, 12:19:00 PM
It is normal that many people want to win from gambling because they see that gambling can give them that win, especially if they are lucky. And those who bet using sports betting feel that their ability to analyze every match they know can give them win, especially when they can get accurate information about the match so they can choose a team that can win. But they must remember that once the match is underway, there will be other factors that can change the course of the match so that the analysis we carry out can be inconsistent and not match predictions. This has happened so often that many gamblers still lose in sports betting but that doesn't stop them from continuing their bets. They will look for other matches that can give them a win so they can make a lot of money. That is why when placing bets on sports betting, a person must be able to improve his ability to analyze each match so that he has a chance of winning.
I mean a red card, an injury, any type of penalty, basically anything could prevent a game to not go the way you want it to go. I mean we could technically have a situation where a very good team could end up losing to a very bad team and this has happened many times, and people lost millions on those games. I believe that we should be considering how we could turn this into a fun little hobby and not some money making idea.

I have seen way too many people that turned this into an "income", like their only job, and I believe that it is not going to be all that easy, we should consider that to be risky and we should consider that as not a good thing to do, we should consider it a risk and not really gamble if we want it to be our income.
503  Alternate cryptocurrencies / Altcoin Discussion / Re: NFTs in the Real World on: January 11, 2024, 10:40:14 AM
NFTs have taken the digital world by storm. How do you envision non-fungible tokens impacting industries beyond art and gaming? Share your wildest NFT use-case scenarios!
I never understood why would someone pay a million dollars for a picture which can be simply copied and used. I know every NFT is unique but why would you pay a million dollars when you can save the image and use it anywhere you want. To me, it is equivalent to paying a million dollars for a wallpaper which was available for free on the internet and you didn't want to use it professionally, in which case it may make more sense.

I see monkey face NFTs being traded for a million dollars and some even more. It's just a race people are getting in without thinking twice about what they are buying because no way in hell these pictures deserve what people are paying. But I am not an artist so I'll shut up, I wouldn't have trusted BTC in 2010 either Wink.
504  Alternate cryptocurrencies / Altcoin Discussion / Re: How to check if an altcoin is a scam on: January 11, 2024, 08:41:30 AM
Despite a lot of threads discussing How to avoid scams or to know scam projects still, a lot of individuals have fallen into their traps. I don't think all the tips really work, not for greedy souls and not those who think about easy money.

Perhaps, it was necessary to have an idea of which one is worth investing in and which one is a scam. But the big question mark is how to determine them when we don't spend time searching and knowing more about a particular project. To determine if that project is a scam, that lies on our capabilities.
Right now the problem is sometimes those scammers share fake airdrop url to hack users wallet and many users are falling for it. If we don't want to be more skeptical about clicking any airdrop link we found in the internet and cross-checking them from the project's twitter handle or their discord account then there is no way we can get rid of this kind of activity. Same things will keep happening and there will be nothing we can do. We need to spread awareness about it.
Absolutely and I almost fell for one such scam!

I saw a wallet's private keys shared in a telegram group where some tokens were kept worth like $1000 and the tokens were indeed trading on reputed exchanges. Now here comes the catch, the tokens require some ETH/BNB to transfer them. As soon as you send the amount for gas, they move it out and repeat the process.

Some of these scams want you to connect your wallet and wipe out the funds as you mentioned.
505  Economy / Trading Discussion / Re: Are you ready for crypto investing in 2024? on: January 11, 2024, 08:21:33 AM
Always ready for that. My goal is to gain more profits this year compared last year so the only way to make it happen is to keep investing in bitcoin until I can see my goals gradually happening in time. Altcoins can also be profitable if you invest in the right and reliable coins, but it’s hard to tell if we are in the right coins since the altcoin market is the playground of scammers. Hence, sticking to bitcoin for now should be our first and primary goal.
I wish you good luck but if I were you, have your focus on Bitcoin alone if you feel unwise in choosing altcoins to invest in.
We can't rid of scammers but we can't avoid them by taking caution in choosing coins to invest in. But if we are too greedy and easily tempted to high rewards and quick profit investment, that is not a big surprise.

Indeed, preparedness is very important before making a step towards crypto. The first step will cause a huge impact and that somewhat also leads to the wrong direction.
I do agree that focusing mainly on bitcoin is a great way of guarantee that you will make some money. It may not be as much money as you might see around you, because there will be some people who will get lucky and make a lot of money from some silly stuff and you will regret staying just at bitcoin, but that is mainly because the ones who make the money are more talkative about their income whereas the ones who lose money do not talk about it too much.

In reality, there are thousands who lost money compared to just a single one who made money, and the one who made money talk about it everyday and everywhere, whereas the ones who lose it do end up not making any money at all and should be considering it a bit of a risk.
506  Economy / Trading Discussion / Re: Trading bots on Binance on: January 11, 2024, 07:24:15 AM
I have no idea whether it is possible to make profit using trading bot. But I know that to make profit from trading you need to have good experience in trading otherwise you will have more losses instead of profit. There are some people who start trading without understanding.  It is very difficult to make money from trading thinking that you have lost all your money. I think making money from trading is as difficult as it is easy. It is very difficult for people who start trading without understanding to make money from trading.
The bots are not using their brains but only automating the lengthy processes while also eliminating human error. So all the experience and knowledge you have remains as it is, the bots and tools are only helping you polish the skills and automate the process.

Not a fan of bots myself because of the type of trades I do. But in some cases, bots can indeed help you as I have seen it myself.

Eventually, it depends on how you trade and whether you need a bot to assist your trading. If you think a bot will make money by itself then you are mistaken because no such bots exist or they wouldn't sell it.
507  Economy / Trading Discussion / Re: How do I succeed as a trader in 2024 on: January 10, 2024, 07:16:01 PM
in order to succeed in trading in 2024, you'll need to understand the principles and the necessary abilities, as trading requires a certain level of expertise. If you truly want to succeed in trading, you must drive yourself to learn more about the industry. If you can watch market tactics and are emotionally ready to take on the danger associated with every investment, trading is a great method to make large rewards.
It's partly true, but also important to realize that trading is not meant for everyone. I am more of an investor rather than a trader because I am better at analyzing the fundamentals of a project rather than the technical aspects.

If I'm your OP, just allocate it to your bitcoin; don't allocate it to other altcoins that you think will make you a bigger profit. If your goal is to turn the 25k you have into 200k,. You can't exactly get the 200k 000, but at least the 130k-150k you can possibly get.
I mean buying Bitcoins for the 25k is not a bad idea but to think of it, you cannot realistically expect BTC to pump 7x from here to achieve the desired goal of 200k. The only way you do this via BTC is leverage trading or futures because then you can get a 10-20x and hopefully, the price doesn't go down by much so you don't get liquidated.
508  Economy / Trading Discussion / Re: Im looking for funded traders to trade with my capital on: January 10, 2024, 06:41:31 PM
I don't know why op is going to do this and how he can find a trustworthy person in this online industry where there is no physical trustworthy person to save you from financial loss. And how will he fight the scammers in this matter. So I would tell the op to trade by himself instead of giving control of his money to others. It will be very good for him. On one hand he will get a good training experience and on the other hand he will be able to take care of his money
It's not quite clear here. Maybe a person doesn't have time to do this or doesn't want to learn, but wants his money to be not just sitting around, but making a profit.  That is why he wants to find a trader. But it is a very difficult task to find such a person to whom you can entrust your money. Sometimes you can't trust banks, let alone someone from the outside.
I would rather suggest becoming a lender and that might earn you more without any risks. Check out the lending section to see how others are doing it. It's not easy because you must understand whom to loan and under what conditions. Giving out loans without collateral can be risky.

If you are adamant about trading then perhaps copy trading is a better option. Personally, I am not a huge fan of trading because I have burnt a lot of money with no luck at all. I have tried almost everything and in the end, it's just like gambling where you pray things your way or you lose money.
509  Economy / Speculation / Re: Is Bitcoin Bear Market over? on: January 10, 2024, 05:19:50 PM
If the market price decreases, it is clear that working morale will decrease, but this will not always be the same as market conditions, for example in 2016 the market economic conditions and also the price of bitcoin at that time actually fell dramatically, so that more or less the experts There are already more people not to dive into the world of bitcoin again, because the effects are no longer profitable for experts in terms of results.
In fact, it would be very wrong if someone left a market like the crypto market when there was a decline in prices or when he no longer made more profits. Because you can also see how consistently successful they are in taking advantage of market conditions in all conditions, where they remain faithful in buying when there is a decline and taking profits when there is an increase like now. Because no one will make a profit if they don't dare to buy when prices drop, so don't ever lower your enthusiasm for making a profit when market conditions are sluggish.
I think that would be the most terrible mistake that they could ever make, bitcoin is a place to make money and we should consider that as the most important part, I am not saying that it's going to make a lot of money or lose a lot of money but that's the ideal situation that you need to consider.

I personally believe that the best thing we could do in this regard would be just making sure that we are dealing with something amazing, and that should not be impossible to handle. I believe that the best thing we have in our hands when the price drops would be making sure that we are buying more, if we can do that then we are going to end up with something that should benefit us and we could make it work one way or another.
510  Economy / Speculation / Re: Bitcoin Price Every New Year's Eve in Bitcoin History on: January 10, 2024, 12:48:45 PM
Nevertheless, I will say congratulations to those investors who risked their money during the bear market in 2022, and accumulated some Bitcoins at that time. If you bought at the bottom or near to it, you already doubled your money in just one year. I mean which investment doubles your money in only 1 year? Stocks on average gives only 7-8% per year and other assets give below 7%.
It's not the risk, it's the mental fortitude as well to buy the dip during the November crash in 2022 due to the FTX collapse. Because if you don't have the mental toughness, you might have sold and lose hope that time as the market goes down to $15,500 and there are a lot of doom sayers that Bitcoin is done.

But after that, 2023 was a good year, we have like 150% or more increased from the collapse.

And up to the opening of 2024, we are still moving forward after the New Year.
That is true, I think that it is going to keep going higher and higher, in 2025 it will continue to go higher, so I think 2024 will end in a situation where it is not really all that crazy, it is going to be quite good and it is going to be a decent increase but not to the peak, we are not going to peak at 2024, I believe that we are going to peak at 2025 and that means 2024 has to end at a good but understandable level.

I believe that under 100k is the way to end, something like 60k to 70k would be lovely, it would be both up and would make us happy, but it would also be something that we could care about as well, it would be something that has the potential to keep growing even more during 2025 which is why I am holding for long term.
511  Economy / Gambling discussion / Re: Do you think gambling every day is better? on: January 10, 2024, 11:03:50 AM
It is true that placing bets every single day will increase your chances of winning but how about your loss? Successive loss may ruin your mood of gambling for fun. Is this how rich you are to gamble every single day?
I don't think it's true. Mathematically, you are constantly fighting against a house that has an edge over you. The more bets you make, usually the higher your loss will be. It makes no sense to me how gambling more or regularly will increase your chances of winning. If anything, it will result in more losses. This how gambling industry works which means we must limit our gambling, hence limiting would be possible only if we gamble only for entertainment reasons.

Gambling every day is a gambling addiction and it really won't end well. I think your friend is addicted to gambling but he doesn't realize it.
Agree. It's a gambling addiction and people find reasons to justify their actions. Like a gambling addict would tell themselves that if I don't gamble today and I was supposed to hit max win today then what? And then they gamble.
512  Economy / Gambling discussion / Re: What's your thoughts on VIP Programs in casinos? on: January 10, 2024, 09:08:23 AM
For me the VIP program is not very important because I don't really consider it a realistically attainable goal for anyone's gambling habits.

The limits are pretty high to join VIP programs and by the time you reach there you would have lost much more playing casino games with any house edge. So I don't might placing small bets without expectation to reach any specific volume. If the casino has some bonuses regardless of vip level, available to everyone or at random, then I am just grateful but I don't specifically go after these to be honest. It just reminds me too much of chasing profits, which is not something I consider a healthy habits.
That's a great attitude and one I wish I had too because I chase these VIP bonuses like crazy sometimes. For example, when I am 5-10% away I would intentionally lose money to quickly reach the next level to get the bonus which is quite stupid. These VIP perks are lucrative but one shouldn't chase them because they only pay a percentage of the lost money back. I mean if you see Stake Casino, for example, they give you ~10% of your assumed lost amount back.

Gold is at $100k wager and if you play a game with a 1% edge, it should cost you $1k to reach there. And how much the gold bonus is? It's only $100 + extra for any big losses.
513  Economy / Gambling discussion / Re: Your gambling life could affect your relatives lifes. on: January 10, 2024, 08:25:05 AM
and therefore gamble responsibly so that your gambling will not harm those closest to you. because after all, when you live with your siblings or parents, other people will judge your behavior and will associate this with the people closest to you. if you behave well, maybe other people will judge that your family are good people. but when you don't behave well, especially being an aggressive and irresponsible gambling addict, other people will not only judge you badly but also your siblings and parents who don't give advice or take action to prevent you from becoming an addict and that will lead to shame on them. and therefore gamble responsibly so that your actions will not harm those closest to you.
True, but easier said than done. When addicted, you don't think about anything else but gambling and how to win the lost amount back. I am saying these things from my experience because I have been through times like these. Everything revolves around gambling, if you have a good session you are happy and talking to people and when you lose, you are isolated.

Gambling is just like any other disease that needs to be treated and will not go away by itself. It's a problem and there is no shame in reaching out to your close ones or even a professional for help.
514  Alternate cryptocurrencies / Altcoin Discussion / Re: When do you take out your investment when in profit? on: January 09, 2024, 07:08:23 PM
Investment on Altcoin is very stressful and complicated, depending on speculations or analysis will not always yield a better results, sometimes the market needs to be face on reality, you take what you see as your profits no longer term holding. The problem is you never can tell the outcome, good or bad we don't know so taking your capital from your investment and investing back the profits is a good idea as you stand the chance of taking no loss and even may give good profits.
Investment in altcoins is stressful but once it goes higher then its profit is also more than any other coin. We have to take the risk so we will be able to take the benefit but if we are afraid of taking risk then we cannot be lucky enough to get profit from any risky field whereas all investment opportunities are risky. Altcoins can be found better by searching about it but if ignorantly choose any altcoin then we will definitely be in stressful situation therefore take the risk but with known coins instead of choosing any useless coin.
It is true that taking a risk with a coin would be a tough deal, and I understand why some people may have some reservations regarding that situation, it is not really impossible to handle, but the reality is that we are talking about something that may not be all that what it looks like. So we need to make sure that we know what we are doing, and it would be the most important part.

I agree that it is not going to be too simple, and I agree that it is not going to be quick to judge neither, but that is exactly what it is and should be considered a big deal. I believe that we are going to end up with something that would take years to make from bitcoin or anything higher, within span of a few days with something risky, but we could also lose all our money to it as well.
515  Alternate cryptocurrencies / Altcoin Discussion / Re: Seems it's alt season... Any suggestions..? on: January 09, 2024, 06:26:59 PM
Most of the altcoin doublers aren't taking any precautions concerning their decision to hunts for altcoin that would give them lots of profit, I am not against anyone Venturing into seeking what would give them their desired return as investment but the fact is while roaming round looking for those coin we should also remember the hit whenever it comes it's always hot for it to quench so easily. I have witnessed lots of damages in altcoin investment although I can say that I wasn't smart enough to pull out my investment when they all risen to some certain point but anyone who is that active and smart may go for those coin/tokens he felt could doubled their bags.
That's the downside to it, people are aware of the upside, I am not sure if they are aware of the downside that easily, looks like they may not be all that aware of it and that's the trouble. I think it's clear that we are going to end up with something that would not be too simple to handle, and I get that it is not going to be something most people even care about, but that's just what it is and we need to make it work one way or another.

I understand that we will end up with some trouble, but that trouble should not be all that easy to handle. So, if people go for alts instead of something stronger like Bitcoin, they will face a lot of trouble if they pick something wrong, and that is why we need to be careful about it.
516  Economy / Economics / Re: Imagine African countries using Bitcoin to pay salaries, on: January 09, 2024, 01:00:21 PM
I don't know if the government of any African country have adopted the system of paying salaries in Bitcoin, but I know here is Nigeria they haven't, it's possible to pay employees using Bitcoin or other crypto currencies ,
With the services of some crypto currency payroll agencies  like Bitwage,papaya global, ontop,  which will make it possible for the government to pay their workers in Bitcoin or other crypto currencies and can be sent  into their digital wallet,
Since it has to do with the government another agency can be set up in the country in respect to paying salaries as Bitcoin which will somehow help in the growth of the economy of the country.
I heard many African countries are strict with Bitcoin and even if let say they are not, I will still doubt that they will be having this idea, since many countries who has a stable relationship with BTC are still not doing it. Maybe we are still early for this? As of now, we are only lucky here in the forum to first experience it.

I am not aware of those crypto payroll agencies you listed there but that was cool. Employers can try using it, if they think it's a hassle to manually send the BTC's to their workers. BTC is decentralized so it has nothing to do with the government, although BTC must be legalized first by the governments in order for the employers to start doing this innovation.
517  Economy / Economics / Re: If you want to get rich, you have to become immune to the money.......! on: January 09, 2024, 09:01:51 AM
Honestly lately I have been really loving the manifestation ideas where you constantly think about already having the things you want to possess and then ultimately the universe or whatever will bring it all to you, the only thing that I am finding out here is that you have to also have faith that you actually have these things! Then and only then will you have your best chance at attaining them in real life  Wink
Visualization is good, but it does not change the fact that you need to do something to achieve your goals. Everyone who achieved their goals worked hard for this, and visualization was just an example of the fact that a person knew exactly what he wanted. It's like an incentive that forces you to act to achieve your goal. I believe that any method is good for achieving your goals, you need to try all available options, and maybe one will work for you. )
I believe that working hard and working smart are the best two ways to go, most people do either one or the other. I have seen plenty of people who work "hard" but they never achieve their goal, but then when I look at what they do, I realize that they are not working hard for real, they are working hard to get their dream made, but they have nothing that they do themselves to be fair.

I have seen SO MANY people who wanted a coder to build something, even offer %50 of their "idea" as well, that such a silly thing, if you think that would worth some money, do it yourself, learn how to code, THATS hard work, spending 8 hours a day talking with people to find someone is still spending 8 hours, it is still not a lazy person, he still is working hard to find someone, but that person is not smart, spend the same amount of time on learning and suddenly you will be doing better.
518  Economy / Economics / Re: Pay discrimination on: January 07, 2024, 06:21:09 AM
Some will say that an white collar employee is more mentally drained out hence they deserve better pay but people who do menial job stop working the world will just rot as everything cannot be done but robots and AI.

It's sometimes sad to see how they are treated disrespectfully, be it a waiter, delivery workers, cab drivers, carpenter, or construction workers as they are the pillars and without them things will start falling apart. I know some of these can be automated but not everything.
Looking at the blue collar jobs in my area, I can say that white collar jobs are filled with people who graduated from college for no reason at all. Back in the day, during our parents time, people with a college degree ended up making a lot more money, so the whole world pressured the kids to go to college so they would be one of those people who make that money, but because we all did, now it means nothing at all.

In fact, I worked 4+ years without a degree and made about the same amount of money as afterwards, only after I found my current job that I got paid this much, and on my current job, that I have been working for 8 years, I have never proved my college degree, meaning I could have been uneducated person with not even graduating from elementary school, and my boss wouldn't know, never asked, I have my job, because I am good at it, as simple as that.
519  Bitcoin / Bitcoin Discussion / Re: Power Of Bitcoin on: January 06, 2024, 01:28:33 PM
That's why you shouldn't ask anymore about investing in bitcoin because it's a waste of time for you, a minute or day you're skeptic about the power of bitcoin and it's potential to go up in value is just so obvious that it's weird that people just don't invest once they've heard enough about it, I guess the risk involved when you're putting your money in bitcoin is just too much so I understand but you can always DCA so no excuses really besides being dirt poor.
The "risk" in the crypto world is basically just the fact that we are in a market that is designed to make us feel like we are in a roller coaster. However, if we can wait it out and not asked to be taken off midway, then we are going to reach our destination and it will be hell of a fun road as well.

I am sure that everyone feels the same way and some just feel too much panic and just get out, even right now all that drop made some people get out, they have been waiting for an up, and they got out, because they feared what may happen, like under 40k as well. But that did not happen, and their move was wrong, but you can't really convince those people of that neither. This is why we should be careful on what we are doing.
520  Economy / Speculation / Re: What is just happened on the Bitcoin Market? on: January 06, 2024, 12:14:25 PM
don't worry, it looks like bitcoin will recover to $45K in the near future.
Considering it is nearly at 44k again, you could see that all those FUD people were wrong, as always. I mean this is such a simple thing, and we need to just realize that it's been happening for so many times in a row right now, so it shouldn't really be something that we should care about. I get that we are going to end up with a situation where it snot going to be all that simple, but it's really not that complicated.

The price will go up, it is nearing halving, so for the next 1.5 years it will go up, that is just as simple as that, there will be tiny drops like this, but overall it will go up and we just need to realize that is the reality and that's it. I get that we may not end up with something that could change the world, but we just need to accept that as reality.
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