Warriors and OKC is currently playing, OKC up by double digit, could be another L for the home team?
Seems like it's a close game with OKC holding onto a single-digit lead. We're into the 3rd quarter, which is usually where the Warriors shine. If they can take this quarter, they've got to keep grinding in the 4th. Predicting this one is tricky, just when folks start counting the Warriors out, they pull a comeback. Anything can happen! At one point, it was a close game, but it ended with OKC winning by 19 points. KT was shooting bricks this game, managing only 5 points from a 1/10 shooting performance. They really need to get rid of him; he's messing up our bets. Without Curry, there's no one to carry them, so I expect that losing streak to get even worse. |
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It was a thrilling game, but the bettors ended up feeling let down in the end.
Anyway, we've got two games today. Maybe we can bounce back from our losses if we double down, hehe.
The first game is Magnolia vs. Northport, and the second game is Ginebra vs. Converge. Let's check if this Ginebra team is still super risky, even without Brownlee. For the favorites, we have the spreads and odds below.
Hotshots -8.5
Ginebra -7.5
I'd lean towards the hotshots, but I'm a bit unsure about how Ginebra will perform. Since it's their first game, they might be a bit rusty, similar to what happened with SMB when they couldn't maintain their big lead. Plus, Ginebra has a new import, so it's smart to wait and see if he'll click with his teammates. I might go for the under on the total (haven't checked it yet) because I think they'll stick to their defensive style – that's just their nature. |
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Engaging in spot trading carries lower risks compared to trading futures. While there are limitations to achieving higher returns, spot trading has proven to be a safer and simpler approach. Here, you won't be using borrowed funds for trading, ensuring that your trade size aligns with the assets you own. I refer to spot trading as genuine trading because it doesn't allow for profit in bearish markets, except through buybacks. Nonetheless, to gain profit, the prices must still rise. Futures trading is suitable for those who are advanced in the trading world. Here, you can set leverage to increase the size of your trades. However, this is directly proportional to the risk; even a slight analytical error could result in the complete loss of your assets. Futures trading is highly perilous for all newcomers, so it's advisable to steer clear of it if you still consider yourself a novice. article maybe help you for consideration https://www.binance.com/en-BH/feed/post/1028429 Both spot trading and futures trading are actually risky for beginner traders. That is why they should not be trading in the first place but focus only on buying bitcoin and long term hodling. However, when there is greed, there is motivation to trade for quick profits. And for that, considering that you know already the basics in trading, I suggest you go for spot trading. That is less risky than futures trading. When you see yourself has gained positive improvements on your trading performance and you are making significant profits from spot trading, then you can start risking some of your capital into futures trading. With this, you should trade more carefully and wisely. Otherwise, by committing just a single mistake, all your money and efforts will immediately go into waste. |
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It is actually called the DCA strategy; in this strategy, you don't need to invest a large amount. It doesn't matter if you aren't rich; if you have good intentions to invest and hold, then any amount you can buy. If we don't have a large amount and can't afford to lose, then the DCA strategy is best for us. We can invest a portion of our savings and hold it tight until we have good profits. If you are looking for a bottom, then you may not find it because Bitcoin is unpredictable anyway.
Only those who rush to invest in bitcoin without prior knowledge will decide to buy bitcoin at a full blast, thus buying an amount that you will surely regret once it end up losing. And I have known at lot of these people and end up quitting after experiencing an initial loss with a significant amount. That is why I want to discouraged those people who have no clear mindset about bitcoin, never invest in bitcoin if you want to get rich quick as putting a large amount of capital will never guarantee that your investment will succeed. Do the DCA instead. Never worry for a small purchase because once you do it consistently, you will still be able to own a huge portfolio of bitcoin in the long run. Just stay patient and timing the market when it offers a big discount on the price of bitcoin. |
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It is difficult to balance the two things, but as the saying goes, fiat money is spent first, so make sure that Bitcoin payments have a high priority in depositing and the last item on the expense list, thus reducing the possibility of spending in Bitcoin, although I prefer to have Bitcoin accepted at your local business as a future investment. Leave cash payment for daily expenses. Results will vary depending on tax rules, trading strategy and your buying and selling of Bitcoin.
Bitcoin is highly valuable as an asset so make sure to keep more it and spend fiat first as its value will come to depreciate in the long run. Although its undeniable that sometimes we get to spend some of our bitcoin to cover up the expenses in fiat but as much as possible, spend more of your fiat so you can increase the chance of hodling bitcoin. But if you are actually running a business that aims to maximize hodling more of bitcoin, then you can actually accept bitcoin more than fiat from your consumers who actually want to spend their bitcoin that serves like a purpose with fiat. In addition, by accepting side hustles that pay in bitcoin, that is also a good option to receive bitcoin and proceed it for long term hodling. At least, while you continue to grow your fiat from your business, your bitcoin investment also grows from the side hustles that pay you. |
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Many people in the crypto market are still uncertain about which type of asset to hold onto for the upcoming growth cycle of the crypto market: Bitcoin or Altcoins.
Referring to altcoins as "assets" makes no sense since at best they are a worse version of penny stocks which are garbage stocks from garbage companies 99% of which have no future whatsoever. Altcoins are the same, majority of them are absolutely useless and they are all created for pump and dumps which are risky to get involved in. In any case, during the "bull cycles" if anyone wants to touch altcoins they should firs prepare themselves for the concept of pumps and dumps otherwise they will be dumped on and become bag-holders. It is of paramount importance to know when to sell altcoins and how to do it quickly. This is why we always suggest newcomers to stick to bitcoin alone. Its not wrong to invest in altcoins as long as you are on the right coins to invest. But the fact that altcoins create a higher risk of losing, then it's safe if we will only stick to bitcoin not because it has high promising profits, but because its never a pump and dump scheme like altcoins. Although altcoins can somehow bring exceptional profits but in most cases, its always losses than gains. So my advice is to focus on bitcoin if you aim to maximize your investment profits when bull run comes. When you already create a massive profits on your own, then its not bad at all to risk some small amount on altcoins but make sure to sell them instantly before their prices dump in the market. |
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I would like to brief about the current market situation as there has been surge in value of altcoins a much higher surge compared to Bitcoin and many would have utilised this momentum to gain profit but if we look at the other side if you just look for top gainers you will find altcoins with top surge but the next day or after few days if you check the top losers you will find the same top gainers in this list as well. So there is a price increase for altcoin but not a established one like Bitcoin, because we have not seen dump in the value of Bitcoin for over an month now but Altcoins has been pumping and dumping and in my opinion it's not worth to make entery for long term as of now it's good only for quick profit whole being very active. What's your opinion ? Shall we invest or just involve in quick trades ?
Diversifying your investment with some altcoins is not a bad though as long as you only invest what you can afford to lose. But never expect that you will eventually make decent profits from it as altcoins are just an alternative to bitcoin, whatever you may gained from bitcoin will never guarantees that you will also gained the same with altcoins. Note that there's higher risk with investing in altcoins, which means the more you become susceptible to losses when you consider altcoins investment. However, I am only saying the reality about bitcoin and altcoins. But we also know that the market is highly unpredictable, that sometimes it comes to give higher favor on altcoins that made those who highly risk in altcoins become instant millionaire when they least expect it. But that's only rare to happen as bitcoin is still consider the king in the crypto market. |
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When you're just starting out in crypto trade, getting past those early challenges is all part of the journey. For me, lots of coffee-fueled late nights googling stuff, some funny videos to chill me out when needed and just accepting that Bitcoin has its grumpy days like anyone else - that's what got me through. My advice is to take small steps, keep learning from every up and down, and don't freak if the market throws a tantrum now and then.
Everything is hard in the beginning. And trading is not an exception. Despite of how profitable and can be a get quick rich tool based from other traders experiences, the fact remains that trading is hard and will always be hard especially if you are not well aware of its risk and is not patient enough to understand the market volatility. And the only way to overcome it is to accept the challenge in trading, not actually to be a good and profitable trader, but just even to minimize your losses in trading since its the most important thing. As long as you follow the rules in trading, and just trade what you can afford to lose, your trades will be safe. At the end of the day, what matters most is not actually the profits we are trying to accumulate, but the knowledge and skills that we have acquired by not easily giving up from the hurdles brought by trading. |
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How do you strategically navigate hyperinflation to safeguard your financial well-being?
Would you invest on crypto, stocks or household when the cash is not the king?
Find a new alternative and resort into bitcoin, not just to invest on it but to use it against hyperinflation. Although gold is a good alternative as well, but I prefer most with bitcoin. And when you already accumulate maximum amount and make massive profits, then the next step is to diversify your investment. You can invest in stocks or real estate, as well as gold itself. However, what we are currently experiencing is still inflation, not the hyperinflation. But its better to prepare ourselves earlier so that when hyperinflation strikes, at least we have built our weapons not to be totally affected with hypeinflation. |
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A friend of mine is not interested in buying Bitcoin even after learning about it.
Because according to him Bitcoin is a small number of people who have a lot of Bitcoin. They can easily go down on the bitcoin market if they want to.
Example: Cz. Craig wright & Michel Sailor etc.
Looking forward to the well thought out opinion of the experienced in this regard.
Wait until mass adoption of bitcoin finally takes place as it will surely attract the rich community to see bitcoin as a profitable investment and a reliable currency. But for now, knowing bitcoin is not yet fully established, its expected that some people are still doubting of its own potentials, most especially those rich people who only risk their money on something that has bigger potentials to succeed, and bitcoin is not their choice. However, its a good thing that they are seeing bitcoin that way at the moment while bitcoin development is not yet completely stable and established. But to be honest, these rich people won't want to see themselves left behind when everyone else around is hurriedly investing in bitcoin. For now, bitcoin is still considered as their option, not their final choice. |
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Going back a full month, in late August or early September, many people on several site and on the cryptocurrency Twitter were suddenly very vocal in saying that September was bound to be bearish for Bitcoin because the previous two had seen significant dips and because September is simply historically one of the worst performing months for cryptocurrency...
This is confirmed only by the fact that Bitcoin does not have any cycles. Therefore, in order to predict the price of Bitcoin for the future, it is necessary to closely monitor the general state of the economy, as well as news that is directly related to the cryptocurrency. We may have bullish and bearish season but it’s certainly no fixed months when it will hit the market. Even history cannot be a sure guarantee that it’s going to repeat again or might create a new market history. This is a clear evidence that the uncertainty and the unpredictability of the market is even higher than its history. The only way to predict or determine the current state or season of the market is through close monitoring of the market and its important events that will have an impact on the market. Although history is still important, but it’s never safe to rely on it more often as these current big news and events leave more impact on the market. |
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It would be hard and difficult for those low income earners since saving for investment is not only their concern, but as well as providing their basic needs if not for themselves but for their family as well. So you see the expenses on the family is even bigger that its rare to save for your own future plan or investment plan. However, if you are a high average earner, expect that you can easily achieve your target on your investment capital, as long as you don't have unnecessary expenses for yourself or for your family.
However, the real challenge in your investment is not actually the amount of capital but the amount of knowledge and skills you put into your investment. The success rate depends on how you manage your investment, and how you deal with its high risk especially if you are dealing with bitcoin investment.
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Remember that once bitcoin is lost, it may be considered lost forever. Even those well known big investors have been a losing a lot of bitcoin and until now they can still hardly retrieve it or redeem their lost bitcoins. So never expect that these random individuals who claimed that they are good and experience bitcoin analysts could easily fix the issue. It could be the other way around, you trust them and you lost even more.
I would say research is the key. Its not that you would do your diligence to research on how to redeem your lost bitcoin, but definitely on how to secure the safety and security of your bitcoin while you store it in your wallet. Go for an offline wallet, that way the risk of losing your bitcoin from online scammers could be lessen if not stopped.
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I'm happy for you; however, it's too early to conclude. You need to experiment more, perhaps for a month or two, and see if you are still on the profit side. The issue with low odds, such as getting at least 1.05, is that you'll need to win 20 times to secure a 100% return on your bet. In those 20 times, there's a possibility of facing losses. You know, this kind of strategy requires a lot of patience, as it means betting on many games to win significantly. I hope you won't be discouraged if you experience a losing streak, as small odds do not guarantee a win.
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What are your thoughts on the Warriors' struggles? It's their second consecutive loss at home, and despite the scoreboard showing only a 6-point loss, there seems to be a lot happening behind those numbers. Clearly, the Warriors are facing huge challenges, and Curry is struggling to find support from his splash brother. I don't know, I think they need to start finding some consistent player and replace Klay on the line up, seems like he wasn't the same anymore after he suffered an injury.
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Depend on result or achievement from trading about tired or not some people in trading bitcoin, actually if consistent earn profit exactly with short term trading they will excited and never get tired with trading because have been their passive income. I don't sure with trader in loss position and always get lower price after investing in bitcoin, have waiting one month until one year but not have good result seems they will tired and frustrated with trading bitcoin. Not all loss trader will face tired depend on mentality, if some one have experienced with other investment kinds and ever got loss position they will not tired or frustrated when trading in bitcoin although their position not earn profitable yet.
I have both position now, loss and earn profit with bitcoin trading but have been my passion never got tired with trading bitcoin forever to be my passive income.
However, if you are in a consistent loss, and with no chances of profiting, I might say you may get tired with trading at the end of the day. This is the reason why trading is not for everyone, but trading is only for those who have stable emotions and who knows how to trade and even if it end up losing but still capable to accept losses easily. Unlike those who only trade just because of greed, when they start losing frequently, later on they will decide to quit trading for good. Bitcoin trading is risky yet the most profitable way to trade. But it’s not a guarantee that people who decide to trade with bitcoin will never get tired in the long run. Whether you’re a pro or not, trading can be a lot tiring most especially if we are seeing the results of our trades not working in accordance with our plan. |
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We saw how positive bitcoin price these days and if this will continuously happen until year end, then its safe to see $40k-$45k price range for bitcoin before 2023 ends. However, this is just my own price speculation as we can't still be sure what's in store for bitcoin in the next days and month. It could end up like a roller coaster ride just like the previous years or it could reach a new all time high even before bitcoin halving sets to happen.
Nobody actually knows what would be the bitcoin price destination this year, but I am certain that if bitcoin price will suddenly create a price decline, I'm sure it will recover quickly most especially that we are heading for bitcoin ETF approval and bitcoin halving that is due by early next year.
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If a person does not plan to invest in bitcoin, hold bitcoin for a long time, receiving Bitcoin through salary or pension payment will not be cool for them. Because they will have to move their bitcoins to an exchange, sell it, lose some money for on chain transaction fee and trading fee. We have to take into account volatility of Bitcoin price too. For those non Bitcoin investors, they don't like it.
If a person is an Bitcoin investor, it is cool to receive salary or pension directly in Bitcoin. It means more if they don't have to be charged on chain transaction fee as a deduction of their salary or pension.
But with OP, I don't think he was already a bitcoin investor that time when he was still working. It's only now that he was able to realized that he should have talked the company and demand to receive his pension in bitcoin. But I don't think the financial institution will also agree paying in bitcoin because bitcoin that time was not yet fully known and established, so the safest option by that time is to pay his pension through fiat. But to be honest, if he had converted his fiat into bitcoin during that time, I don' think the term millionaire is applicable for him. Yes, he might saved a good amount of bitcoin considering he started earning from 2017 up to the present but since the value of their currency is only low, then it also means that he could only save a little amount of bitcoin even up to the present when bitcoin at the present is now very expensive. |
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Both bitcoin and altcoins can give profit but if we compare bitcoin with altcoin then bitcoin is more successful than altcoins because disappearing concept is involved in altcoins but not in bitcoin. But in most of the cases you can do trading with altcoins but bitcoin will be suitable for investment more than trading.
If you don't have knowledge then trading with both altcoins and bitcoin will be risky for you and when you are expert trader then your will surely select certain trustworthy altcoins as well as bitcoin. Making concept about market and then using strategies according to market movement is the best solution to earn profit but if you go against market then you are doing a big mistakes which does not suited well in trading.
You can actually trade in both bitcoin and altcoins as its one way of giving yourself bigger chances to earn. But when you trade with wrong altcoins, the risk to lose is even more high than if you focus on bitcoin. That is why trading with bitcoin is always the best option most especially if you aim for long term hodling to anticipate bigger profits as well. Altcoins are not bad as long as you trade with high potential altcoins, those that does not go easily with pump and dump. However, if you trade without knowing the basics in trading, that's another story to tell. Even bitcoin trading won't save yourself from losing a lot. The more you trade, the higher chances of losing, that is the reality when you trade quickly just to gain immediate profits. |
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There are many advantage and disadvantages to using a credit card. However, I have lived all my life in a country where all we use is debit card so I may not be able to speak from personal experience about using a credit card. What I know is that from where I am from, debt is a bad thing. You do not want to be in debt so we learn to pay for every straight from our bank account using our debt card. We do not see debt as a good thing and no one is applauded for being in debt. In fact the measure of financial literacy is avoiding debt in all its entirety.
Well, using debit card is probably more advisable if you don't have cash onhand rather than resorting into using credit card which if you have hard time on self-discipline, you will really cross your limits in your credit limit. The reason why I don't encourage everyone to use credit card because aside from high interest charges and credit card fees, the possibility to overuse it is very high. Also, I couldn't agree less that using credit card demonstrates financial literacy. Otherwise, if that would be the sole basis, a lot of people will be drown into debt and become highly exposed into financial illiteracy instead. |
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