|
601
|
Bitcoin / Bitcoin Discussion / Re: A clothing apparel store in my home city accepting BTC payments
|
on: August 07, 2023, 08:59:19 PM
|
It looks like the BTC adoption is starting to increase here in my home city apart from my sister's restobar and other small food establishments.
A clothing apparel store is accepting BTC payments for buying their stuff via Coinpayments.
~
Image credits to official Louise & Louise Facebook page
I can see that by continuing education and awareness about Bitcoin and crypto in local cities like mine, adoption is more likely to happen no matter how long will it take.
Slow progress is better than none at all.
Any news about acceptance and integration of Bitcoin payments would be always be that a positive thing although these merchants would really be sticking into those thirdparty merchants on which its never been that shocking since they cant really just accept those coins directly on their own wallet but rather they would really be accepting which would directly be making out some conversion into fiat on which this is really just that a typical set up with those merchants that accepting Bitcoin or crypto payments on using up those platforms but well its still better yet recognition is really on the move or really shows that it is really that gaining traction now. Just like been said that any news of recognition is always that positive and sooner or later years to come on which we would really be flooded out by lots of shops and business which would really be integrating or recognizing crypto of Bitcoin payments which it is really that good to look at that we are really that progressing. |
|
|
|
|
602
|
Economy / Gambling discussion / Re: How do you stop gambling (sports betting, casino e.t.c)?
|
on: August 06, 2023, 10:53:53 PM
|
The best way is to don't start.
What if you had already started? What if you had made yourself that already get addicted? What if you do have always that mindset that gambling could make you rich? What if you are in deep losses and does have the plans on trying out to break even? For sure these would be the main reasons on why you would really be finding yourself on huge trouble on quitting gambling or stopping into it specially on the time that you are already that addicted into it.This is why it might really that simple or easy to say but on the time that you are on such condition then you would really be finding yourself on a tough situation. |
|
|
|
|
603
|
Economy / Economics / Re: what do we thinking about investment target?
|
on: August 06, 2023, 09:49:39 PM
|
Because the truth is that there is no such investment that we can earn a profit right away. So if we are investing in Bitcoin and that is our mindset and expectation, I would say that we are not suited for this stuff. Because it was very clear and if we are able to understand what is investment means, it is absolutely we have to become patient or else, we just only disappointed. That is why I see a lot of individuals who are investing today but after a few days, they have gone. It is a good decision because it was hard to invest if we are impatient, we only just lose in the end.
Investment is not a quick way to make money but with investment you can be rich for a long time. Investment is not only sacrificing time but it sacrifices many things, from financial management that must be good, choosing potential assets in the future, also you must be able to manage cash flow so that investment continues to run as much as possible investment should not be made like an emergency fund that whenever needed in withdrawing that money then it will be the wrong decision. Investment target? It is clear that there are many things we want to achieve, starting for future funds, you will not be a difficult person, dream items can be bought if your investment target is profitable. People who are really just thinking about directly on becoming rich on the time that they do make out investment then just let them be, because sooner or later they would really be able to find out on themselves on whats the realistic approach or truth about investment on which its true that there would be lots of things on which you would really be needing to adjust or sacrifice or whatever correlated things that needed. Yes, it would really be a long time engagement and not something that would really be giving out that immediate result or outcome along the way. Its always been ideal on setting out that investment target or goal which it would really be that normal but of course dont make yourself that be on a rush because this is where mistakes do comes from if you are really that in a hurry. Just be that not putting up yourself on not to be that delusional on certain conditions.Set out realistic goals and targets then be consistent. |
|
|
|
|
604
|
Alternate cryptocurrencies / Altcoin Discussion / Re: How to avoid a scam project?
|
on: August 06, 2023, 08:59:19 PM
|
There are so many new projects launching everyday and some of them can be good and some of them can be a scam as well. How can we identify it well? Perhaps we should have more discussion about it so we all can learn from everyone's experience.
To be able to avoid scam projects you need to do your own research and think carefully before investing in any project. You need to consider some things to be able to avoid scam project. You need to check on the white paper and read it carefully and make sure it is well written and it makes sense. Check as well the project's roadmap it must be clear and it has milestones. If the roadmap is unrealistic then you should doubt about the project. Check also the background of the project team members if they involved in scam or they are involved in a successful project. Consider also the community support they are receiving from the investors. Do not just believe in a project who seems to good to be true and promises a high returns with little risk. These methods certainly require a lot of time, but we must be aware that we cannot completely avoid scam projects, by doing research does not mean it is a guarantee of avoiding scam projects, at least by doing that it can minimize. Lessening or minimizing it should really be the next thing to do specially if you do have that initial experience on losing money due to scam projects which its true that we cant really completely get rid of it. Basing up on experience there are legit looking projects did turns out to be scam in the end and there are projects who do look gibberish but did becomes so valuable on which this is one of the hardest thing for you to be able to point or predict out in speaking of project potential which turns out to be reversed and this is why there are people who do rush on considering on dealing with shitty looking projects and taking up such step or risks since they do have seen the probabilities. The most important that thing that you would do is to make yourself that make use of your own common sense and make your own research always.Try to verify out every information and trying out to seek or search for some red flags for you to be able to avoid while its still early.If you dont make yourself that wary then you are really that prone into lots of possible errors. |
|
|
|
|
605
|
Economy / Trading Discussion / Re: What do you think about stopping crypto trading or stock trading on Twitter?
|
on: August 04, 2023, 08:37:17 PM
|
I am one who has learned about some intricacies as concerns trading from reading whale alerts/signals on some social media sites, but mostly on Twitter. I have grown to accept it as a great social site until its sale or do I call it change of ownership, and now, with a redesign of its logo to just, 'x' by its owner, Elon Musk.
He has also in addition to having the logo redesigned, opted for new policies that would see the social media site Twitter, stop crypto trading or stock trading on the social site. What do you think about the move ?
Also, I am asking this simple questions to know if any one has an idea about whale alerts/signals on the social media site stopping too?
What do you think about stopping crypto trading or stock trading on Twitter?
Its Elons site or ownership and on whatever things that he would be planning in his own company then there's nothing we can do on what are the rules and changes that he would really be imposing into Twitter/X and there's nothing we can do but to deal with it. Other approach of people? Of course they would really be finding place on which they could freely be able to give out those trading related or investment related kind of post or those signals like whale alerts or something. We dont know on whats on the mind of Elon if he would really be deciding about on stopping these kind of post or this kind of approach. We dont actually know on how their brain works and what are the ideas and reasoning that storming out inside on which it would really be leading out with those kind of odd decisions and other approach which is something that shouldn't really be happening but well this is something that a possibility could happen specially if the owner of said platform would really be making out decisions something like this. People would really be hoping out on other platforms on which they would really be able to see these alerts and mostly this would really be on messaging apps or other socmed. |
|
|
|
|
606
|
Economy / Gambling discussion / Re: Ads for online gambling should be banned.
|
on: August 03, 2023, 09:37:06 PM
|
Facebook doesn't advertise casino ads AFAIK but it's the influencers sponsoring these influencers that are often the reason for the rise of casino users these days. The government these days however have more things to handle than dealing with those gambling ads. The troubled economy of each country is already weighing too much for the government but they may actually allow casinos to operate widely so they can generate more money.
Gambling ads can't be stopped by anyone, unless the website goes down or no more customers. Based on my own findings, gambling advertisements on Facebook, Twitter and other social media no longer use official accounts to reach gamblers, instead they use buzzers to advertise on social media. This is a proof if we will not able to stop the ads. I agree with what you said because until now gambling advertisements always appear on every social media even though certain countries prohibit gambling but in fact these advertisements are still spread freely and I often see influencers broadcasting live gambling too.
In fact, is true that maybe if gambling was legalized in part of the country where gambling is prohibited, economy of that country would be better off because it gets taxes from gambling.
But all of that is still a serious problem and prefer to just advertise gambling and let it go without banning but quietly taxing it all. There's no way on avoiding that because whether you would be hovering on youtube or social media on which on the time that you would be watching out some gambling related things then due to because of algorithm then it would really be throwing out those similar niche that you had searched out earlier on which it would really be just that typical that we would really be seeing these things on which its not really that shocking i would say. Gambling ads should be banned? It would really vary because we know that each country does have their own jurisdiction when it comes to gambling laws and regulations. There might be places which gambling is being banned but there are ones who had been allowed and now we are speaking about online gambling ads then it is something that couldnt be stopped. It could be seen on different or various mediums and this is why if you do find yourself that impulsive on seeing these things then you must simply block it out or skip if ever you have seen one. There's no other way that we could be able to stop because if we do push it out on legal means then it would really be that pretty useless. |
|
|
|
|
607
|
Bitcoin / Bitcoin Discussion / Re: Beginners, you don't need Bitcoin first
|
on: August 03, 2023, 07:42:32 PM
|
You don't need Bitcoin first, What you need is a JOB, work on that first.
The point is that finance is not forbidding it, but limiting it and making sure to make any decisions based on numbers, not emotions. I understand a little what the OP said, and I think it's not only newbies who have to carry out suggestions like this, those who are not beginners should also implement a system like this. Because bitcoin is an asset that is used for investment if you don't have a job, how do we start investing? by way of debt? this will worsen our finances. The mindset must be changed, don't buy Bitcoin expecting to get rich in a short time, but buying bitcoin means we are ready to lose money. Therefore, what is needed first is not to buy bitcoin, but how do we find work, that way 30% of the money we get from our new job buys bitcoin in stages every time we receive a salary from work. Well, there are also some instances that we get to invest in bitcoin because we received huge amount of money from our inherited assets, and not from our hard-earned money from our job. I think that is a good mindset too, trying to diversify your investments and not just letting your cash sleeps in the bank. However, in case your investments do not worked as planned, and all your savings have started to run out, then you should land a stable job that will sustain your needs before all your investments and hard-earned savings will be gone. But if you can get a stable source of income in the first place, I guess that will help you grow your investments without the need to sell your bitcoin whenever its price suddenly crashed. Newbies don't really need to make an investment immediately in the cryptocurrency because they just carried away with the hype of other people, ideal first they understand how the bitcoin works so they see the benefits of the cryptocurrency itself after on that secure of the accounts, wallets, or asset as possible actually few only teaches this kind of thing because there's no safe in the internet people are still prone with the hacking issues. Another thing for the newbies not ideal to make a single pot with your investment ideal to scatter so if the other investment does not win you have another resources that could pullback those losses. Right, whether it's inheritance or savings from income, newbies shouldn't rush to invest in bitcoin without any knowledge of it. they don't need to spend a lot of time learning everything and waiting for a solid amount of knowledge to start investing, because if they do, they will most likely miss the opportunity to buy cheap. but at least, they must have the most basic knowledge to start investing. Diversification is inevitable but it will not be enough, they also need other sources of income from other investments, or a job to ensure safety. When it comes to investing then it would really be requiring that kind of knowledge and skills or awareness on what you are tending to get involved with because on the time that you would be skipping out on learning with the basics then you would really be finding yourself on some huge issues on which it would really be resulting into losing those money or investment that you had made out. Beginners would really be normally be lacking out those knowledge for them to make further steps which would really be that either wise or not. It is really just that there are people who are really that having that rush decisions when it comes to investment because of lack of knowledge and experience then this is where mistakes and errors do usually came from. Doesnt matter whether you are dealing with Bitcoin or other type of investment which it turns out to be default thing on what are the things that you should gonna supposed to do on the time that you would be making up decisions in correlation with investment. It would be necessarily needing up that kind of approach and mindset for you to sustain out because if you wont then for sure it would be giving out that negative effect and other issues on which you could be able to experience on. |
|
|
|
|
608
|
Economy / Speculation / Re: Bitcoin to $120k next year - by Robert Kiyosaki
|
on: August 02, 2023, 11:57:58 PM
|
In a recent twitter, Robert Kiyosaki claims that the USD is about to be ruined, and that in 2024 bitcoin will be worth $120k. -- What do you think of this type of predictions? Do you feel the market moving in that direction? It is curious to note that Standard Chartered Bank, w which recently claimed that Bitcoin will surpass $100,000 by the end of 2024. I also want Bitcoin price will go $120k. But i think it is not possible. I think within one year bitcoin price will never hit $120k. But cryptocurrency market is always unpredictable. If you are new then you would be saying that its impossible but if you've been here on the past halving season and bullrun cycles then you would definitely be able to say that it could reach out that level or price point. The possibilities is there specially when the bull run cycle would kick in.There's no way that we could be able to point out on where it would be stopping and talking about $120k then it isnt something a price that would be too far off. Lets make some check on its recent ATH which is on 69k and if we do speak about reaching out those numbers then it would really be just x2 of its price on which we can say that it isnt really that just too far off i would say on doubling it price on upcoming cycle.Even those people who are that optimistic is expecting something more but of course we should really be sticking on something that would be in realistic numbers. It is really just that there are people who are really that too non patient when it comes to price points on which on the time that they would be saying up those words then they would really be liking for it to happen actually. |
|
|
|
|
609
|
Alternate cryptocurrencies / Speculation (Altcoins) / Re: Rank positions on CMC changes every bull market?
|
on: August 02, 2023, 10:54:47 PM
|
2020 XRP is still in rank 2 and now XRP has dropped to rank 6 because at that time they had problems with the SEC, and 2021 bullish confirmend,
and now it's possible that we will see BNB also drop from rank 4 and maybe to rank 8 or 10, because BNB is also in trouble with the SEC,
and maybe 2024 bullish also confirmed ?, so yeah we're probably close to a bullrun.
XRP was not in rank #2 position, because you know BTC & ETH position always 1 & 2 in the market. If i'm not wrong XRP was hit ranked #2 but for short term when it new ATH was around 4$, whatever i think mostly old coins position are down day by day, because a lot of new coins are hyped even a few new coins already in top 20, so i think old coin can't keep their rank in the future. Yes, it looks like positions 1 and 2, namely Bitcoin and Ethereum, will not be replaced, it's going to be tough and hopefully more altcoins will creep up, it will be good for sure for competition and just keep up with the developments. the more altcoins that appear, the tougher the competition will be on CMC, this has a good impact because for us it is an opportunity to get big profits from increases due to trends in certain altcoins. it's not easy to choose a new project until it develops into the top 20 in CMC. however, the more new altcoins develop, the more opportunities there are to discover them. therefore we must be good at analyzing so that we can correctly analyze some future altcoins Would really be survival of the fittest on which it would really be just that normal that there would be those coins that sitting on top ranks would be kicked out by some other new coins which turns out to be more revolutionary and this is why it would really be that basing or depending on the project demand and recognition of the community because this one would be the main indication or factor on which it would really be causing out for those numbers to be stirred up.This is why lots would really be looking when it comes to hidden gems in the market on which they could be able to enter out while its still cheap. Every bull run cycle on which there are new faces or coins that we do able to see on top 10 or 20 which it would really be depending on the market recognition. There might be some on below top 100 coins would be able to climb up on this upcoming bull run and there's no way on knowing on what it would be. This is why it would really be just that wise for you to find out those hidden gems or does have that revolutionary utility and actual usage because this is where usually big investors would be looking at but there are some exemptions because $PEPE a meme coin might be able to flip out SHIB on its place? Who knows. |
|
|
|
|
610
|
Economy / Gambling discussion / Re: [Boxing] Inoue vs Tapales for Unified Super Bantamweight Title
|
on: August 02, 2023, 08:48:41 PM
|
Casimero is just surrounded by unprofessional people some of them are ready to exploit and his lifestyle made it worse. Even after the Butler cancellation, it took nearly a year for Casimero to fight again. Whereas Tapales after becoming overweight in his supposed WBO 118 title defense, move up right away in his next fight which made Tete the interim champion elevated as the new WBO champion which he later lost to Casimero. Meanwhile, Casimero should continue to stay active because once Inoue becomes undisputed, I believe he is the main target of the first undisputed title defense and there is no chance of saying no once that opportunity comes. If in case Tapales becomes undisputed, the more Casimero needs to stay active to force a mandatory shot probably via WBO since the IBF and WBA already had their mandatories waiting to be announced. https://www.talkimg.com/images/2023/07/31/Qb7E9.pngI like the idea of Inoue staying in the division to defend his belts. Nery is banned from fighting in Japan due to his failed drug test and missing weight against Yamanaka. Inoue will have to either fight him in the US or fight Casimero instead. I think many Japanese people would like to see Inoue avenge their countryman, but there is also those who believe a dirty fighter like Nery doesn’t deserve another opportunity. I have said this in my previous post that the plan of Team Inoue is to unify the super bantamweight division and defend the belts once against Nery or Casimero so if the former has a questionable reputation and banned from fighting on Japanese soil then this makes Casimero the probable opponent whenever Tapales lose this fight. It may also be a welcome sight for Japanese fight fans if indeed Casimero will be the challenger as they want Inoue to punish him as a vengeance to all the Japanese that Casimero defeated. IMO, Casimero is the only fighter in this division who has a higher chance of defeating Inoue. Perhaps it might be competitive early, but as the rounds goes by, Inoue could possibly caught Casimero my surprised, just like what the did to Fulton. So not sure how Casimero will overcome the advantage of Inoue, tough chin, faster hands and obviously the power behind those jabs might take a toll on him the later rounds. And it's better to see Nery vs Casimero first, this is going to be explosive fight and whoever wins then go straight to Inoue as his first defense. However, I don't see any present breed of super bantamweight to beat Inoue, Naoya is even taller than Casimero and Nery. Trying out to compare about their main differences and advantages then Inoue does have the upperhand. The thing on which i do really appreciate the most is on the IQ of Inoue on which he could really make out adjustments on the time that he do able to examine out on what his opponent been doing.If he do find out that the other boxer is really that kind of running type or inclose or infighting then he would really be having that particular strategy for that and with those fast and sharp punches then you could really be able to tell that you cant really be able to last up on later round. Be watchful with those uppercut lower blows as these punches are usually be trying out to pierce out even on early rounds but since defense getting weaken as later rounds would be running then time comes that it would really be able to connect out. As talking about toughness of chin then i could say that Inoue does have it, we've seen that he could take up some damage and this is why i dont really see for Casimero could easily beaten up Inoue. There are lots of talks and bashes about Inoue's fight performance came from Casimero but i doubt that he would be able to have a chance. |
|
|
|
|
611
|
Economy / Trading Discussion / Re: Why is crypto trading so similar yet so different from Forex trading?
|
on: August 02, 2023, 07:40:20 PM
|
This is simply a matter of peer influence. 80% of my friends are in cryptocurrency trading. We eat, breathe and sleep Bitcoin. It is therefore normal to lean into crypto trading more than forex trading. I have more experience with the crypto trading app that forex. I have met with crypto traders and we've had a fair discussion on the similarities but no one is willing to give up their passion for the other.
Currently, crypto trading is more interesting and more profitable because there are no strict rules and no holidays. And the main difference is the high volatility which makes crypto price fluctuations faster. Just look at Forex trading fluctuations, fluctuations are very low and quite slow. But the risk incurred will also be less, crypto has a higher risk and a greater and faster return. It just depends on choice and convenience. 80% of your friends use crypto because they know they can only trade in crypto and are more comfortable in crypto. For trading theory everything is the same, there will be no difference. Yes, and theres no such thing about opening and close of markets on which you could be able to trading it 24/7 without any issues. Actually these markets are really just that the same on the sense that you would really be buying and selling out.Profitability would really be able to depend on how well you do able to play with volatility.The main significant differences in between things is about its volatility which we know that it isnt something that would be similar because the level of volatility in crypto is much more that with forex or stocks and this is why on the talks about huge profits and of course on huge losses would really be pertaining on crypto trading and not on the other side. Legality issues or in comparison? We do know that forex/stocks is heavily that regulated and been mostly be stick out with those traditional investors or traders. Speaking of marketcap? Forex does have trillions of volume that generated day by day but cant really be known the numbers in speaking about in overall cap which we can say that crypto space would really be just a tiny bit portion of this but well its a matter of choice on which place you would really be tending to stick on. |
|
|
|
|
612
|
Economy / Economics / Re: Can your passion lead to an increase in your net worth?
|
on: August 01, 2023, 11:48:59 PM
|
There are many diverse opinions about following one's passion and wealth. I read two stories of people who followed their passion, and in a short period of time, the businesses became very profitable. In story 1, Defossey left a job at Apple to open a BBQ restaurant in Mexico City. It made $9 million in sales last year. In story 2, Sean Audet, a 30-year-old, spent $0 launching a food photography side hustle, and now he brings in $134,000 a year. The people in these stories followed their passion and created wealth through it. What is your opinion on following one's passion in relation to wealth? Can your passion lead to an increase in your net worth? If yes, what is stopping you from following it? Ignorance may stop oneself in following his/her passion. I have a friend that love to build electrical things when we were young but funny enough he went to art class at his SS level. It was one of those people that was close to him that advice him to pursue what he love doing, he listen and change from art department to science department were he was now able to study electrical engineering. He is now making good cash from his work. His passion has helped him to achieve well in life and this has continuously increase his net worth. When it comes to following your passion then it would really be that just right that neither you would be pursuing it out or would really be dealing on whats something that you are currently facing since you dont really have no option but if you do have the chance on making some switch up the career and would be finding up some progress then for sure you would really be having that kind of interest in pursuing on what you do really like, We know that there are situations or conditions on which it do leave out no choice but to deal up with it and despite on going against with your interest and since there's nothing you can do but if you do have the chance or having the opportunity then you would surely be switching up without any doubt on doing that. It does really give out that good feeling on the time that we do reach out our dreams on doing on what we do love or simply with the interest that we do have. This is really just in case to case basis actually because not all would really be giving out the chance or opportunity. |
|
|
|
|
613
|
Bitcoin / Bitcoin Discussion / Re: 2024 will determined bitcoin fate
|
on: August 01, 2023, 10:26:22 PM
|
You are analysing wrongly. Check 2020 and 2021 and see what bitcoin price were. Bitcoin hit all-time-high in 2021. So how come your statement that 2017/2018 was bull year for bitcoin is correct?
2018 was a bear market for bitcoin, just like 2022.
But many people are expecting 2034/2025 to be great and expecting all-time-high because of bitcoin halving. Psychologically, people think bitcoin price will increase after halving.
Definitely on point on which this do really pertains that OP did miss out some spot on his analysis and some research on which it is really that misleading into those newbies who would really be able to read up. 5 year cycle? Not its not it is really hat indeed 4 year cycle on which this is usually getting in line with Bitcoin halving which Bull run do kicks in after several months of such event on where market prices do really rise up into certain extents on which it is really that way more higher compared into its previous highs and this is what investors and supporters that had been anticipating. Although, when it comes to crypto investments, its never been that risks-free on the first place on which means that despite on knowing about those probabilities basing up on the history but doesnt mean that it would really be happening in the future. We do know that future isnt something that assured or really that been known whether this market would really be still getting such demand and recognition or there would be something new that would be taking up place. No one knows but basing and seeing on the current market condition on which it is unlikely that we would be heading there. Recognition and adoption is still continuing and there's no way on stopping it midway. |
|
|
|
|
614
|
Economy / Gambling discussion / Re: Have you ever felt remorse after gambling?
|
on: August 01, 2023, 09:25:01 PM
|
Big bets don't guarantee big wins right away, gambling is uncertain luck to try today, tomorrow or the day after tomorrow and so on. Sometimes luck is on our side if we take things one step at a time and play patiently without emotion or ambition, and betting a large amount is a carelessness done without self-control that will lead to painful regrets.
stop gambling when you experience several defeats because this can be caused because you are not in a bad state, and take a short break and come back when you are in a good overall condition so that you can enjoy the game in a relaxed and calm manner that sometimes you are lucky.
I think if you are regretting when gambling, then you are gambling wrong to begin with. The idea of gambling is to have fun, and if you enter it trying to get rich then you are going to regret what happens. There is no scenario where you will be making a lot of profit and you should not be really hopeful about it neither. I think it's quite important to make sure that it goes well enough and for that to happen you need to make sure that it gets as good as it gets. I know that it is going to take some time but if you could make it happen then you are going to be fine. I just believe that we are going to end up with a situation where life is not as easy as we think it is and that's going to end up with a situation where regret is caused by our own actions. Not necessarily. People play videogames for fun and they are warranted to all the malding and anger that they commit to in-game and we don't call them addicted or anything. Regret every now and again is normal especially if you're gambling with a clear strategy you wanted to test out. I myself experienced regret in the past few days when gambling, and I can tell you with 100% certainty that I am not in any way whatsoever addicted to gambling or what. It's just that when you have a clear goal in mind, like perhaps seeing if this play works well, and it didn't, or when you're hoping to bag a massive win but you shied out and went for a small bet, only to find out that you would've won had you gone through with that large roll, that's grounds for regret right there. Not all the time on which to those someone who do really make out some engagement specially on gambling automatically shows or tells that a certain person is really that already addicted to it on which it is really a misconception or not really that precise for you to make out those conclusive approach. Just like you do said that there are ones who are really that fully aware on what they are doing and just play according into their interest into that particular time without compromising out their finances and of course those regrets would really be there specially if you have made out a bad decision.Its not something new and a very common emotion that you would be able to felt out on the time that you would really be playing up gambling. In everytime you do have those kind of thoughts on the time that you are still winning or profitable but you have decided to play even more not only just for the sake of more winning but rather you are really that after for the leisure or fun then i would say that you arent that addicted at all on the sense that you are really that coming after for money but on the sense that you do able to stop mid way then self control and tolerance is really there. |
|
|
|
|
615
|
Economy / Trading Discussion / Re: Time to buy or sell?
|
on: July 31, 2023, 11:40:10 PM
|
At the monent, it's definitely time to buy!
It's bear market and hopefully crypto will go up as soon as leaves become yellow
Actually its not really a bearish season what happened is just a correction in which I know quite well that it will later accelerate, when looking at Bitcoin price this year its obvious that the price will rise again, but it's very encouraging that someone who is also into short investment can perfectly utililize this opportunity and purchase more of bitcoin and dump whenever Bitcoin price accelerate with 2x it will sell and make profit, I believe that so many have already done that and be waiting for bitcoin price, because I believe that bitcoin price any slide drop of its price people benefit from it and also people lose from it, its nice opportunity for people who have spare money to invest now in bitcoin and be targeting the next bullish market by end of this year 2023 and the beginning of 2024, so I know quite well that bitcoin will still surprised some investors who does not believe that soon we shall experience a bullish market, from my perspective bitcoin will have different volumes of increment by next year. If you are just new into this market then those sudden declines would really be giving out that impression that this market is OVER.On the time that you do see that the market rose up after you had bought then you would really be that having the impression that it would be having that continous RISE UP.All off those bolded words are the most common impression of a newbie who had just recently step their foot into this market on which it would really be just that normal that they would really be having that kind of impression or beliefs on the time that they would encounter it and not getting used to those movements on which this is really that pretty common this crypto space. Time to buy or time to sell? Even veteran would really be having these type of questions along the way considering the market is unpredictable.Despite on having those tons of analysis whether on technical or fundamental but still it wont really be making out an assurance that those directions would really be followed out.The main difference on here is that into those people who do have sufficient experience and knowledge does know to handle up themselves on the time that they would be able to encounter it. |
|
|
|
|
616
|
Alternate cryptocurrencies / Altcoin Discussion / Re: SIGNS THAT A CRYPTO PROJECT IS A SCAM
|
on: July 31, 2023, 10:46:23 PM
|
As cryptocurrency continues to gain popularity, more and more people are investing in various crypto projects. Unfortunately, with this rise in interest comes an increase in scams. Here are signs that a crypto project may be a scam: 1. Lack of transparency: A legitimate crypto project should have clear information about its team, its technology, and its roadmap. If a project fails to provide this information, or only offers vague promises, it could be a sign that they are hiding something. 2. Unrealistic promises: If a project promises too-good-to-be-true returns on investment, it is likely a scam. While some crypto projects are innovative and have the potential for significant growth, investors should be wary of promises that seem too exaggerated. 3. Lack of community engagement: A legitimate crypto project will have an active and engaged community. If a project lacks social media activity or community interaction, it could be a red flag. 4. No clear use case: A legitimate crypto project should have a clear use case for its token. If a project cannot articulate a clear purpose for its token, or its use case seems vague or broad, it may be a scam. Before investing in any crypto project, investors should do their research and look for these red flags. By being vigilant, investors can protect themselves from scams and make informed investment decisions. https://www.binance.com/en/feed/post/8041945. Tokenomics, if you do see that liquidity isnt locked or simply their contract isnt renounced then better to avoid and not trust up that project. 6. Whenever they project team do give out guarantees about 10x or 100x or even 1000x return of investment or simply having those kind of sweet words into their investors then better doubt it. 7. If they do start out on making excuses on such key area and slowly pulling out those funds and telling that those are for marketing purposes then better think twice. 8. Everything is trying out to be hyped despite of having no working product or utility which you could eventually be able to see these stuffs on the process. |
|
|
|
|
617
|
Economy / Speculation / Re: Bitcoin Investors Confidence in Bitcoin💪
|
on: July 31, 2023, 07:47:53 PM
|
In 2018, when I heard about Bitcoin from an elder brother in the area, I became addicted to Bitcoin. Since then, I started learning about Bitcoin from that elder brother and got the opportunity to learn more details from the forum by logging into Bitcoitalk with his ID. .
And in view of this in 2020 I invest some of my savings in Bitcoin.
From teaching, when Bitcoin broke past record highs at the end of 2021, I had the opportunity to make a good profit from my invested Bitcoins, but my strong belief in Bitcoins prevented me from selling Bitcoins, after which the price of Bitcoins began to decline. Then different people tried to discourage me in different ways but it is from this forum that predictions about Bitcoin and my confidence in Bitcoin still make me come.
As long as the bitcoins are in your wallet, I think you haven't loss. Maybe temporarily you can buy at high price and lose at current price. But depending on the possibility of future halving and Bitcoin's bullish movement, it can be concluded that Bitcoin will surpass its previous high price. It cannot be said precisely when that situation can be created. My suggestion to you would be since you are holding bitcoin for long time so wait some more time which may give you more than your expectation. Another thing is that those who hold bitcoins and be patient will surely succeed in investing. Not everyone have got the ability to hold long-term. This is where many people term bitcoin have made them into big loss. When someone looks for quick money, the risk associated will be high. When we're to take big risk we should be ready with alternate plans so that things can be kept in control even if the prediction didn't happen as expected. The market runs over trust and the same makes bitcoin investment effective over other forms of investment. As suggested until the bitcoin is in the wallet there's nothing to worry, just the market fluctuations give variation in the portfolio amount and the same can be compensated by holding. Would really matter in terms of someones preference and patience on their investment on crypto and this is why we do see different variation when it comes to decision making.Some could be able to hold and some couldnt really just able to do so because just like on what others been saying that we do prefer on seeing profits in a short time basis and this is why we do really come after for decisions which it could generate out potential income without needing to wait further or longer. Investors confidence towards bitcoin is still high because it wont really be sitting on the top of the ranks or in the market if the support and recognition isnt there. This is why on the time that you would really be stepping your foot into this unpredictable market then you should really make yourself that get prepared for whatever situations or conditions that you would be able to face off.Plus we do really have that market which does have that cycle or phase on which prices couldnt really move as we do anticipate or presume out. This is why decision making would be entirely be depending on your goals or targets on which it could be altered out along the way. |
|
|
|
|
618
|
Economy / Gambling discussion / Re: Between futures trading and gambling
|
on: July 31, 2023, 06:29:36 PM
|
Both are equally risky, but gambling is riskier because we can feel the pleasure of gambling, making us forget to control our gambling. And in the end, we only know that it turns out that we have lost all the money with nothing left. The risk of future trading is also the risk of making our money disappear, especially if we don't use the stop loss feature and choose Cross mode, which will use all of our balance to trade. But if you use Isolated mode, you will not lose all the money.
That is very clear and simple, all fields will have their own risks, and the two fields referred to here are gambling and trading in my opinion both have a very similar risk impact where psychological and mental will be the main targets that someone can feel. As for gambling, I agree with you that the level of risk in it is very high if you are too excessive in it. The self-control factor is very important in both areas, but there is indeed a slight difference in that the self-control factor in trading as you mentioned, requires one to have risk management, including stopping loss, take profit, maintaining psychological calm and other management to prevent us from what is called MC. Furthermore, in gambling, there is no risk management as I mentioned above, but from a psychological point of view, it is still very much needed here, where control in gambling is only needed when you experience defeat. Agree that both are risky but I still think luck gambling results cannot be controlled but futures trading to an extent can be controlled. If you do the proper research and analyze the data you can predict the outcome. It is somewhat like sports betting, although the outcome will be always in your favour is not guaranteed. Whereas luck gambling is completely controlled by the house. Between gambling and future trading I can say that future trading is more risky. In fact, I am speaking from my own perceptive and that is on Sports Betting and not any other type of gambling. What happens in both future trading and Sports Betting prediction is that you must have knowledge of the subject matter. In terms of future trading, predicting the movement of the coin requires the knowledge of the charts but in Sports Betting good knowledge of the league and the particular teams that are playing including the availability of players will give you a clear hint of who to win the match but it is the choice of odds and the confusion set by bookmakers that makes people lose money. Both are risky. If I see it from your point of view then futures trading is risky. Because there is nothing predictable. Moreover, there is a risk of losing more money in a short period of time. But i want to say gambling is riskier than futures trading. Where you can win or lose all your money in a short span of time. In the case of sports betting, if you take a bet by considering the playing status of the team players there is a chance of winning, on the other hand, there is no such chance in future trading. If there is no high volatility there may be less profit or loss. Since the two differ according to the genre, a trader will favor futures trading while those who are gamblers will definitely enjoy gambling. Futures trading is indeed risky and could really be that somewhat could be classified as a gambling but we know and in the sense that analysis could really be applied then it cant really be totally called gambling at all. Its not literally a gamble but if we do speak about the risks then its high.It is really just that there are people who cant really be able to bare up such risks on the time that they would really be engaging into it. This is why on the time that you would really be making up some futures trading then it would really be just that right that you shouldnt really be having that gambler like approach into this because it would really be worsening up the situation in speaking about risks on which its not something completely random because we could really be able to apply some technicals on every price entry that we do make. Plus, we could really be able to differentiate in between trading and leisure things on which this had been the primary differences and we should really know on how to dealt up with these things in the first place. |
|
|
|
|
619
|
Economy / Economics / Re: Bad impact when You carry out Online or Offline Loans on an ongoing basis
|
on: July 30, 2023, 11:59:29 PM
|
maybe many people are taking loans online or offline for various urgent reasons, but keep in mind that the habit of making loans will only get you entangled with what is called eternal debt and the possibility of getting addicted to making loans online or offline
A loan is required when you require funds but do not have enough surplus. You should only take a loan if you intend to use it for productive purposes or to purchase an essential affordable asset that you can repay in instalments over a reasonable amount of time. You should never take a loan for speculation or taking risks.If you are in need of any urgent unavoidable Real costs, you can rely on us to help you get through the problem. If you have a good idea or a fresh concept that you are confident of marketing, borrowing money to make it will be a wise move. If being use wisely yes, it will help to generate an income source starting capital but if not, taking loans can be added to your burden and without enough resources you will continue to add more and it will just repeat itself, better to think about it before making any decision in terms of doing this kind of setup, loan for a good purpose is understandable but if being used to other things that not help or only for physical luxury then it will turn to a liability. If you dont like burden then skip and avoid loans and this is actually give some headache afterwards but if you are really that in need or having that plans on expansion specially on your business but you do fell short on funding then having that kind of business loan on which i could say that its a type of loan on which i could say to be that considerable. As long it would be giving out that positive results like revenue or income then i could say that getting a loan is really worth it but on the time that you are just taking a loan on buying up something or some liabilities then it wont really be that something that wise on doing so. Having those bad impacts would really come next in line since you would really be paying up some interest with those loans aside from the principal amount. Be wise always on taking up some actions specially if its really that connected in terms of money. |
|
|
|
|
620
|
Bitcoin / Bitcoin Discussion / Re: Sharing your Bitcoin journey
|
on: July 30, 2023, 09:01:48 PM
|
1. what sparked your interest in this decentralized digital currency. "BITCOIN"
2.How has your knowledge about Bitcoin evolved since joining Bitcointalk?
3.Do you have any advice for newcomers who are just starting their Bitcoin journey?
4. Are there any memorable experiences or interactions you've had with Bitcoin and Bitcointalk that you'd like to share?
5. How much help do you think Bitcoin has been of help to you since you learnt about it.
1. Honestly speaking, ive been involved first on HYIPS and ponzis that paying up bitcoin which you could directly make out some conversion to fiat and that was the start up.  2. A huge change which it did really make things clears out on what it is and what are the scams around existing.Even on the slightest and simplest information like on reading up the whitepaper did really make out that huge change. 3. Always make an indepth analysis and never ever make yourself that greedy because this is where you would be finding out yourself get fall into the pit of desperation on which it would be causing lots of errors and mistakes. 4. Lots of exchange hacks which resulting into loss of funds, made out some learnings but well its too late. Loosing lots of coins because of such mistake. 5.It do make out some additional financial support since i've been making out investment and trading at the same time. Earning money is way more than and cant really just only be heavily relying with my day job alone. |
|
|
|
|
Show Posts
