Housing prices keep rising, but wages haven’t kept up. For many young people, owning a home is no longer a realistic goal - it’s becoming a luxury. What used to be a natural part of adult life has turned into a debt trap or simply a fantasy. More and more young people are realizing that buying property under current conditions makes little financial sense. We're witnessing a shift: instead of saving for a home, people are turning to alternative assets, remote lifestyles, or simply accepting long-term renting. Is this the beginning of a structural economic change - or just another bubble waiting to pop?  If we do speak about practicality then it would be that ideal on having that long term rent rather than on paying up on mortgage with those expensive houses or even on subdivisions, and this one same goes when you are dealing or trying out to buy up with those condominiums on which are that actually that even more expensive. Here in our country on which theres that too much supply with those condominuims on which it do ends up that these businesses are that in oversupply and ending up on a negative investment into its investors or owners on which people do much rather prefer on building their own houses or they would be that make up some long term rent because this is much more cheaper rather than on going with these condo on which its that not ideal or practical at all. These business owners do think that people wont be able to make out some calculations and this one ends up on having that saturation and that do bring out that huge impact into their business. In regarding about those wages not that increasing then this what makes it shit on having this life that it do becomes even more tougher as years passing by. This is why it would be that recommended that you should be that trying out to look for another ways for you to have that income, because if you wont be taking up any actions then sooner or later you would be finding yourself having some hardship when it comes to financial.
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Sometimes ago I was in dear need of money up around $120 in my local currency, and for that time I only have around $37 iny possession, only two options are open and left for me, 1: is to ask for a loan from my bank to cover up my $120 expenses 2: is to gamble with the money not the entire money at least $20 out of my available funds that time, I took that risk and in the end I was lucky to win a bet of multiple tickets that accumulated around 10 odds in total and that winning cover up for all my financial needs at that time. So gambling is helpful and good to me in that regards, gambling is doesn't have any bad side for me but we need to do everything within a set limits that draw back from over doing things that can lead to loaes for us.
Reading this your post gladdens my heart to at least know that gambling has come through for someone. It helped meet your financial need at that time. It is good that sometimes we share the good things that gambling has done for us, and this will motivate others and it will make us not to see gambling in that negative light that most people are painting it to be. I really like your story honestly speaking. It's just like when someone does good for you, you say it out in for of appreciation. The truth remain that many forget the good side if gambling base on the approach they used towards gambling one thing is paramount about bad news is that it fly more than good news is like a light in the mist of darkness no matter how little it always overshadowed the darkness that's how bad new damaged good , ordinarily gambling has help many both psychological and financially in solving their problem according to how they understand it with good approach only those who are mix guided on the right approach that only see the bad aspect of gambling without remembering the good part. Note what seems bad in gambling may even be opportunity to the next gambler depends on approach to which one apply. The true good side of gambling is actually that talks about having some fun and entertainment and this had been always the main reason on its existence in the first place. It is just that becomes negative just because of on what people that are doing and that what makes it a shit thing. It all matters on how someone that been treating gambling on which if you've been that treating it to be some sort of fun and leisure time then this what makes it that good but of course you shouldnt be that letting yourself that getting addicted because this is where people do usually failed up on doing so because they do lose control as the time goes longer on dealing up with gambling. Gambling isnt bad as long you are that responsible into the actions that you've been doing and its always been that recommended that you do know on what you are that doing. Its just that people do easily that become impulsive or becoming that not be able to become that having the good control when it comes into their funds or capital. Whenever you have lost it all then you should know on when to call it a day. Never ever tend to make it to be that some sort of source of income because once you do have that kind of mentality then it will be that bringing out that kind of desperation on which most of the time it would be leading into disaster.
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Hi all, I'm trying to find out if altcoinex.co is a legitimate platform or a scam. I haven't been able to find any meaningful discussion about it online, which is a red flag in itself.
Someone I know introduced me to the site recently. And saying the plateform could P2P in 2024.
I earn profits through futures with her. I was able to see profits in the futures section, but the site always asks for a “margin” or additional deposit before I can transfer the funds from futures to spot.
That sounds suspicious to me, especially since there's no independent info about the site or user reviews. Has anyone here used it or heard of it?
Any advice or experience would be appreciated.
Thanks!
Is this some site that some random people do suggest or recommend? Or you have recieved up some message about that you do have some funds or some good promotions or what.? If YES, then its a scam. They would be hooking up into those people who are that becoming that greedy when they are trying out to withdraw something. Trying out to make out some research and found this. What Is altcoinex.co? Company Overview Domain Creation Date Tuesday 20th, February 2024 02:47 am Domain Blacklist Status Not detected by any blacklist engine Proximity to Suspicious Websites 12/100 Phishing Score 9/100 Malware Score 11/100 Spam Score 17/100 Source: https://www.scam-detector.com/validator/altcoinex-co-review/The Scam Detector’s algorithm gives this business the following rank: 28.3/100If you dont have any funds or deposits then its better to avoid this site and never look back. There are tons of options or platforms that you can make use on.
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Most of the time we regret buying something when we see the price drop. Then we don't have any more dollars to buy. But if we divide our total dollars into three or four parts and buy slowly at each down, then the chances of profit are high. And if we get profit after buying first, then we will sell. For this reason, I think it is better to invest little by little instead of investing all the dollars at once. What is your opinion?
I think this should be know already because in investing, it's called dollars cost averaging and this is the best way of investing and trading too. You don't have to buy with all your money because you have done some analysis on the market and gotten a green light but still don't put all your money at once in the market because there's no guarantee trade regardless of how sure you're, about the market. There are always little mistakes or information that we didn't pay attention to and this might cause us to get a wrong results than we were expecting. Using our capital in batches than to use all one time helps us to have backup for our capitals because of emergency. Exactly, you can't used all your funds to invest or do trading because when the market is bad you will surely lose all your money on it. That is why is always advisable someone should always used the money that he can probably lose. Because trading is unpredictable sometimes, not always you can get profit in trading. That is why traders as different strategies that they can used if this didn't work probabl, the other one can work and give them better profit. Is a good advice, if you are new to business, investment or trading you should used small amounts to start and get into it and see how he goes for you before increasing your money and continuing investing or doing trading, because in trading if you didn't used better money you won't get huge profit on it, that is why you need to be taking risk if is trading project. But is good to use small funds on it but if you need huge funds you will definitely used big money to risk but not all your money. You need to think deeply if you want to run a trading or investment because if you didn't used your sense and get some excellence you will still lose the small amount you start with. It was never been predictable in the first place and this is something that you should be putting up into your mind. Even if you do have that capital that you can make use on but still it wont be that enough for you to be having that advantage over trading or trying out to hover yourself into this speculative market. Nothing beats out if you do have the skills because even if you would be just that starting small amount but if you do have that skill then you can that make it big and thats the advantage in compared into those people who dont have any skills on which even if they do have that money but still it would be useless because they would be that still losing up those amounts just because they cant just that be able to make themselves that do proper trades. When you are touching up trading then make it sure that you had learned up all those possible things that you can learn into. It wont be that a smooth sail ride in the end of the day. Always make sure that you would be that taking up some learning in all the potential. There are those people who are that just cant think off well just because they do rush on things up on learning up or simply on whats up into their minds. There are those situations on which you would be needing up to consider and adjust accordingly. Never ever tend to have such impulsiveness when your expectations becomes failures because thats how this market works on which there's no assurance on where it would be going and on the results that you would be able to encounter.
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In today's economy, if you want to get richer which one would you want more? Money to kickstart your idea or career... or just creativity and resourcefulness? With social media being more important in the economy and creation of jobs, anything is honestly possible now.
Yes, there are still things you will need that require money but it is not much money compared to before. So many jobs are created from the internet. So many people can reach out to you and help you if they take interest in what you do. So, for me even though money will make things easier... resourcefulness can really help you be richer. Will you agree?
Creativity and resourcefulness would be the key because this isnt something that you can be able to learn or not all people do have this kind of mentality. Yes, you can have the capital or money but if you arent that capable on how to make use of that or trying out to maximize possible income or more profits with that then it would be that useless. The good thing about being creative and resourceful is that despite on having that lacking capital you can possibly that still deal up with it and be able to compound profits and since creativity isnt a skill that someone could actually be able to have then you can be able to maximize it out and make use of it. There are just that those people who do have that kind of capabilities but they are just that too lazy on trying out to deal up with things on which they do look at for it to be that risky. You are the ones who should be that trying out to make out adjustments accordingly and if you arent that good when it comes into this aspect then it would be normal that you would be trying out to find yourself having such way on how you do deal up with things accordingly.
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have you ever been to prison? it is a tough life in there. no matter what you did or whether you were wrongly accused for something, prison is not for everyone. it is obviously lonely as you gets separated away from your family. it can get boring, not being able to do what you want.
but gambling, even tho is prohibited, is often what entertains most prisoners. there is no actual money in prison so they often exchange in other forms of currencies like food or smuggled items. even their way of gambling is smuggled. cards, dice and even information from the outside are all smuggled.
the reason why gambling is prohibited tho is because it might escalate into fights if someone for example loses and doesn't pay their debts
just shows how gambling will always exist anywhere
For sure it isnt allowed in prison not unless if there would be some contraband like having those playing cards or any other things on which those prisoners could be able to make out some gambling activity. It is that totally that legal that there should be no gambling inside on which considering out that prisoners would be rather getting involved with those recreational activities on which this is the usual case to happen. There might be some slight kind of gambling activities but it is that impossible that it cant be totally monitored or something that would be caught out. I do only see these kind of activity on movies and i havent been able to encounter it out or seen on national tv or some reports about gambling inside prison which it would be that understandable that it should tbe that prohibited or not allowed. This could happen on movies, yes., but not on real life situations. If there might be some playing cards been given just to have that kind of spending up some time or leisure inside then they might be giving out but since there's nothing that they can put on or stake on then it would be just that remain to be that for the sake of fun and entertainment.
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When we talk about bitcoin critics, we have to understand that they have never supported bitcoin and will doubt it whenever they want. They voice their concerns and various reasons - but otherwise, bitcoin isn't really affected by them. Bitcoin critics have never liked bitcoin - they've created a wave of panic among some people in their own way, so I don't really want to listen to them when I've already decided to invest an amount I can afford to lose.
We have seen Bitcoin drop faster than this, so I don't think there is any cause for alarm. Peter Schiff and Nouriel Roubini might never see anything good about Bitcoin; hence, there is no need to listen to them. Where were they when Bitcoin hit $100k and above? They have made several predictions about the downfall of Bitcoin, and it has failed all the time. This current doomsday forecast will also fail. As if they've seen these stuffs for the first time in all of the years they've been here on crypto space? Totally not shocking about these kind of sentiments that would surfaced or be thrown in specially when Bull run is around the corner. Its anticipated and expected because there's always those fellas who would be trying out to create some shit speculations and driving the price down. Whereas, if we do just that simply look at on the typical ordinary day then these drops are just that a normal day. We cant just that have a one path movement when it comes to price, if it pumps then surely it would be having its corrections and its not that new anymore. There would be always those follow up speculations that "This might be the peak, Sell now" or "Bull run is over" kind of sentiments or words whenever there are some small % price drops and its not shocking or lets say that it is just that an ordinary day. Usually these kind of words are that somewhat manipulative and to those who do easily react out will definitely be ending up on making up some panic selling and being left out when the price do make out some pump.
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Yes, I can vouch for it as I tried experimenting with a very low capital on Solana meme coins through Phantom wallet and trust me I spend 3 consecutive hours with even a breather and guess what I ended up losing it all after winning initially as it's not different to future and here in memecoins majority of them are scams they get you rug pulled, you are just one wrong move away from losing it all. Better to stay away from it.
Many are still hoping for a quick rich scheme and they believe meme tokens are the best way to achieve it. If you're lucky enough to get in and exit early then there's a big chance for you to make good profit but if not, then expect to lose it all. Investing with meme tokens are more risky than doing futures trading, because in meme token they will just surprise you by the rug pull and you have no more chance to recover your money. I just laughed when I see people talking about how they had made huge amounts of money from Solana memecoins. The truth is bitter and many of these people would but actually tell us the truth about the loses. Many of these traders lose more than they claimed they are earning from the market. Trading is not always rosy and when you lose trades, it would be understandable when you tell the public so that all these newbies would understand that trading is not fun at all. Some traders would always publicize their winnings but would never notice the public about their loses but some would not understand that these people also make lose in the market. Actually there are those people who do become profitable with meme coin trading specially to those who had been that lurking themselves into those known decentralized exchangers. Yes, it laughable but there are actually those people who do make serious money with meme coin. Its good if they would be able to sustain out but most of the time people who do deal up with meme coin trading or investing will be having that incur those huge loses on which this is the main reason on why i had turned my back into this market just because i have lost too much money with meme coins trading, but somehow despite of these loses but still it isnt that enough for me having the reason on switching into futures on which its not some recommended or advisable also even if you are that good when it comes to spot trading but doesnt mean that you would be that also good when it comes to futures. There are tons of people who had been that blowing up their trading account or capital with futures on which considering that leverage is something that what makes it too risky. If you are someone who can be able to bare up with the risks then go ahead but as much as possible it would be better that we should be at least trying out to touch up spot trading first because this is where you can handle out at least.
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There are many countries placing ban on gambling operations in their country on both online and offline, for either religious reasons or as measure towards curbing gambling addiction. But is it making result? while several other countries are rather lifting their bans with less restrictive regulatory policies.
If there's any government officials reading this, it is important you all understand that the ban doesn't in anyway stopped your citizens from still accessing these gambling platforms online with their phones either through VPN. And this evening makes the citizens risk losing their money to the casino whose ToS is against the use of VPN. Your citizens now lose more to these casinos without the country receiving any royalties as revenue raising. Invariably, it all ends in favour of the casinos at the end of it all. Because you can't really stop your citizens from gambling at this digital age, except you plan on manning one policeman to a citizen 😜 , which is not possible.
There are modern better ways to fight gambling addiction such as which I have proposed in my opinion: > Regularly educating your citizens on national TV programmes about the negatives of compulsive gambling. You can be sponsoring these programmes through the revenues accrued from taxes paid by these gambling companies. Or these companies could as well partner with initiatives and sponsor it.
> Provide skills acquisitions programmes and avenues of adequate job opportunities, because a lot of young people trooping into gambling are doing so as a result of a lack of sustainable means of income which makes them to see gambling is the all embracing means to make money.
Each country does have that different governance when it comes into those leaders who had been seated into the position on which if it turned out that the leaders are that somewhat that giving out importantance about their citizens situations or condition on which they dont want to have that tons of addicted people that would be residing into the country on which we do understand on what are the effects that it could give out when you are that being addicted with gambling. It is that good to see if ever the government is having such concern when it comes gambling addiction and doesnt prioritize gambling revenue over their citizens conditions or possible effects. If they would be having that kind of decision then its good for its citizens as they would be that able to avoid those possible or potential addiction but we cant be able to deny that gambling industry is that high revenue and on when it comes to tax then it can indeed generate that tons and that would be that totally helpful
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Nah! If we do speak about different variations of $PEPE when we do have thousands in the market already and eventually die after the time they do announce or simply most of these meme coins are just that pure scams. There are just that those times that you would be that optimistic basing up on what you are that investing because you've been seeing others becomes millionaires with meme coins and once the hype is on the peak then you would be getting FOMO and if that happens then you woudl definitely be trying out to chase it up and thats the reason people do end up on holding up shitcoins into their bags and losing up all the money they do have. There are those times that you do feel like on giving up but in the end of the day you would be that still going back just because you do want to hit up that right spot. In regarding into the thing on whats being mentioned on @OP then this do talks about slippage and other technical things on which it would be truly a disaster if you do mixed up those things or put up on wrong setting or what. Always double check when it comes into this aspect if you dont want to have some disaster.
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Has anyone else noticed that these days, having a university degree does not seem to guarantee a good job anymore? In the US, more than 40% of new graduates are working in jobs that don’t even need a degree! In the UK and Canada, youth unemployment is even higher, and entry-level jobs are much harder to get. Now, for each job, there are more than 100 people applying
Yeah, it is true that having a degree is not an access to securing a job not to even talk of a good job but no matter anything, having a degree is good because there is this feelings of confidence that comes with going through the four walls of the higher institutions and attain a degree at least even if it will not guarantee getting a job but the knowledge you acquire in your field of study may be useful to you in the future. The question is do having a degree in a specific field of study means anything? NO it doesn't because if it does we should not have people who studied other courses in a different jobs that is outside their area of study. Many people in the world today are working in places where what they studied are not relevant. The labor market is too competitive since there are lots of graduates out there applying for same positions when there is little vacancy for such jobs and that is why making sure to establish a business of your own should be given priority then if you are lucky to apply for a job and you are hired, it will be a plus for you since you already own a business. There's no assurance on everything on which whether you do have a degree or what but still just like on what you have said that there's no assurance that you would be able to land a job after that but of course you shouldnt be putting up into your mind that you shouldnt be getting a degree because we know that having that credentials will be always that much more better than compared into those people who doesnt have. The only situation that someone could be able to become success is on the time that they do tend to dive or making up some risks and this is where they would be dealing up with entrepreneurship because they do want to have that kind of possibility on achieve success but just like been said that there's no assurance that we would be able to reach up in the end because there would be those tons of factors that would be affecting out overall success and this is why it would be situational but of course you should be still considering on getting a degree on which you can have a weapon because most of the time we would be having that start up on finding a day job once we finish studies and planning to gain up some money for having some business start up.
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For the past weeks, our country has become alarmed by the growing addiction to gambling, because of the many billboards proliferating, influencers promoting gambling sites, and TV commercials and sponsorships on TV shows.
Due to this, many lawmakers proposed a total ban on gambling, which was opposed by various sectors due to the tax implications and job losses, leading them to suggest a stricter restriction.
Strict restriction means the regulators order all billboards to be taken down, influencers to take down their posts and stop posting, and all sponsorships to be stopped.
Do you think seeing no gambling, hearing no gambling, and talking no gambling, not even a mention of a gambling site, will decrease addiction? Is it a good resolution?
This growing number of addictions here in our country started because of the massive marketing and influence of celebrities. Your thoughts on this?
Marketing would be always having that impact on which this is just that normal because at the time that people would be seeing out those billboards,ads in internet or commercials or even with those typical exposure into those gambling games, then it would be understandable that it would be causing up that kind of increasing or high number of people who do get addicted or would be getting involved with gambling and since we are talking about gambling then its highly addictive and its normal that these businesses would be that somewhat aggressive when it comes to marketing since this is a highly profitable kind of business or something that brings up that huge profit and having that good amount when it comes to tax then it wont be surprised that government would be allowing it, but just like been seen on here that everything does have limits and if ever addiction rate had soar up into that uncontrolled manner then governments responsibility will be taking place on which on taking action in order to protect its citizen and its just that right on what the government had been able to do on here on which they had act out immediately and making up some prohibitions on which it is a good step that they have done. This should be how government would be reacting on which they should be fast on doing so because this is just that for the benefit of everybody specially for its citizens.
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This is something I found in a channel on telegram some days back, I saved up the image on my device because I found the information to be so true, I decided I will post it here which I am doing right now 😊, but I don't remember which channel I got this from.  Trading then vs trading now.. Trading back then used to be based on how good one is with technical and fundamental analysis, profiting from trading back then used to depend on how good one is with the analysis and also how good the trader is with use of market and price prediction tools. But today, things seems to have changed, today, it seems being profitable in trading depending on how much information you have access to and how early you have them. We've seen of late especially since the Trump declared support for Bitcoin way back before he was voted for and installed as the US president, the movement of price of Bitcoin have been largerly centered on his statements and actions, technical and fundamentals analysis doesn't mean much anymore, most traders just wait to know what the US president says or does next to determine their next line of action regarding their trading decision, and I can't help but ask if this is the new way to trade? By the way, do you even believe in this change that has happened or do you still believe that fundamentals and technical analysis is still the way to go in trading?. I always thought that trading was mostly based on hype, I mean, the price of the coin or stock goes up when there is a positive signal, when the company announces something cool, when the coin gets listed on many exchanges, when the coin implements something cool and so on. If trading is based on fundamental and technical analysis, then doesn't it make trading a little strange? I mean, if it's like a chess, then everyone with a computer can beat others without a computer. If it's all math and technical things, then it's easy as ABC. I think that it's both. There are moments when technical analysis works but the difference is that this harmony gets violated when a hot news drops on crypto news websites or on Twitter. If you've been able to touch up forex and stocks then we would be able to say that news or events would be something significant on which there is even a news calendar on which you would be able to look on into and make use of it for you to be able to apply into your trades but still it wont be giving out that assurance but most likely it would be having those reactions and to those who had been that using up those FA's then it would be something helpful if you do know on how to make use of it and same goes when you are that using up tools or simply with TA's. Now that we are speaking about cryptocurrencies then it was once a market that isnt that affected with those external events or sentiments but now its already that highly reactive. If you've been that trading up with crypto for years then you would be able to see the differences but despite of these changes then why you would be finding yourself that being worried? Profitability will always reflect on how well you do find yourself that making up trades applying on all possible means of strategies that you can apply. It doesnt matter whether this market had made out those changes or not. The key on here is that on how you would be able to adapt and making yourself that versatile on which making use of strategies as much as you could.
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Just another historic moment for BTC!
we have been higher than 112k Wait a moment I thought we had 112k before so, does this means that we have another ATH record so far? To me before ATH are recorded we can have a price above the previously one by either +4 to 10% percent changes or what because the previously was still 112k and now still the same as 112, all my exchange app notified me and I was thinking we have touched the hand of 120k. 112.3 or 112.4 if you use the dollar And we did not pass it today Of course we have passed it as at now, bitcoin is now standing tall above $113k and still waxing stronger with promises of still going higher. With this development, I can speculate that $120k is just around the corner and it wouldn't take much time until we surely get there. Many people thought that the Bullrun is over when the price started experiencing negative correction and panic sold. Such people people would be in big regrets now seeing that the bulls are on it again. Some people have those sentiments recently that the bull run was over but actually we arent that still there yet and its laughable that they do made out those kind of conclusions on which Q3-Q4 is the bull run event. Although we dont know on when it would actually happen on which considering this market is always been unpredictable. Trying to observe out that earlier that the price isnt that moving that much and people do sees out that it seems the bull run is over or there's a tendency that the price made out some dump first before it would be shooting up or there are those words that bear market is already next on line. Now that the price do made out some move today on which having to break that new ATH on which $113,500 as of this writing and could potentially that continue even more then there's a possibility on hitting up $120k if this rally would continue but of course just like on a normal day on which i do make myself not to be that boosted or hyped up. Just simply go with the flow so that you wont be ending up on having that disappointment if ever we do see some serious price dump or correction later on.
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People are willing to risk so much because they believe that no risk no gain sought of phrase, and as a result they can risk all they have at the moment just to be able to hit something big in return. But yet they fail to consider that without them being in luck for that day all their efforts could be going to waste leading to them losing all they are risking leaving them with nothing. Some gamblers can be so pathetic.
Truly, risks are worth taking but not to take the kind of risk that will downgrade you to 'lose your chair and sit on the floor' just because of the mentality that without risks that there will be no gain. Gambling is a game that if you don't truly understand its ethics, you will be among those that the society will caption as wayward but if you are someone that understands that this is something that no matter how smart you are, how learned you are, how experienced you are, it will still require luck to be progressive but if you have that urge of making it huge at all cost, you will spend more money and become a slave to gambling such that you can't even be able to help yourself anymore which the end result will always fall on addiction. No risk No gain kind of approach or belief would be only ideal when you are making up some life decisions like something that talks about business and investment or any other decisions that involves career choices and some decisions that could potentially changed up your life into positive way and this isnt something that would be applicable if we do speak about in gambling because once you do have that kind of mentality on taking up risks to earn something like hitting up the jackpot or huge multiplier then you are that digging up your own grave or something that do speak about putting up yourself into huge problem in terms of debt or financial related problems. Its important that you should be knowing on when to stop at the moment that you are spending up too much money at the time that you do gamble or simply losing up your bankroll or budget for that day. You should know on when to stop and totally mean it and not going to look for more deposits because this is where usually people do mess up their lives just because they cant just that be able to stop on the right time. Gambling should be just that for fun and entertainment and not something that you would be trying out to make money or making it as an income because this one would be ending up on a disaster if you do tolerate out such behavior.
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Many of us may think otherwise, but it a known fact that the banking sector had been striving with the cryptocurrency space for a long time unfortunately, there seems to be a continuous loggerhead or some misunderstanding by the banking sector. Now to avoid being left behind, banks need to find a way to embrace this technology, coparete and treat it as a friendly technology rather than an enemy. How can the banks get involves in cryptocurrency fully?
In my opinion, i think the banks can offer interest bearing crypto accounts, others ways. Your thoughts
Banks do not find it difficult to come into crypto, they don't do it because of regulations and some other reasons but there are some banks that created a sister company a long time ago that is actively in the crypto business. If banks really want to come into the crypto business, then be assured that they can do it because banks have the highest capital compared to any other companies, banks are the centre of the money, everyone comes in banks to take money and then bank gets profit from them, their money supply is always growing. Banks have hired one of the best UI/UX designers, software engineers, cyber security experts, product owners, managers and etc. Many banks are against the cryptocurrency and thst perspective should be change because we know cryptocurrency is best to invest and crypto investors know that is best for them to save money. Cryptocurrency is all about research and Invest and save that money. Many of the banks in my country don't understand and they always try to eat the money of people who are cryptocurrency investors and they are doing trading on exchanges . Banks have different rules and they made these rules for their benefits because they want more money, I saw many banks which are doing scams on the name of fake currency but they have no evidence of that.They find the account in which more amount is transfer and then they inquire that . Banks are those institutions or simply businesses on which they do make money out of peoples money and that the fact. The only thing on what makes them hinder to deal up with crypto space is that its not been always accepted by the government and since these institutions are heavily regulated then it would be that understandable that they would be that against with it if the government of the said country is against with it too. We do know that each country does have its own government rules on which simply means that they will be neither be accepting crypto or not. It all matters about on recognition and adoption on which just like been said that not all government will be having that positive views towards crypto but now its a bit different nowadays in comparing into those previous years on which there are already those government who do have that positive approach towards crypto and if ever its been allowed then banks could neither be accepting it out or not. We have seen some banks now are trying out to deal or accepting cryptocurrencies on which of course its understandable that they will be trying out to deal or accept it out because they do saw that they can make money with it and as a business then they cant just that let it slipped into their hands. It is just that they are just that depending into government laws and regulations on which they cant just that easily go oppose with that and always be basing or depending on such conditions.
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Should I keep the dutch-mining setting to convert to BTC automatically? Or set to keep "if I find a block" hold Monero and not convert?
It should all depend on your preference, right? If you consider Bitcoin (BTC) a safe haven for storing value, then you should choose Bitcoin (BTC). However, if you specifically want to hold Monero (XMR), then choose Monero (XMR) without having to automatically convert to Bitcoin (BTC). It's not difficult to choose, because it really should depend on preference. I would say the same thing when it comes into this aspect on which it would be that everything depending into someones preference when it comes into this manner on which if you do see yourself having those doubts on holding XMR then you can always opt out and made out some direct conversions to Bitcoin whenever you have that mined up that enough and made out those exchange but if you do have that interest and confidence about holding XMR then it would be that up to you. No one could be able to tell on what he should gonna do and it would be best that we should be doing things on what we do have in mind rather than on ending up on regrets just because you havent done something that you do really want. I've been through different situations on which it do lead me out with some regrets just because of some hunches and advises that i have tend to follow on. Always be that go with your own preference on which just like been said that you wont be having any issues or regrets at the moment that things turned out to be opposite on what you had predicted. Always stick on where your instincts or intuition would be that wanting on which it will be basing up on different factors.
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As the topic says, newbies are always rushing into the cryptospace believing it's a get rich quick scheme when they trade. What's the best advice that you can give to these newbies to help them in their trading journey.
My advice is that newbies should only trade with the amount of money that you can afford to lose and don't use high leverage because trading is very risky. Long term bitcoin investment should be your priority.
Know the risks and make adjustments to the amount of loss you can afford and then improve your knowledge of trading strategies. Remember, there is no way to get rich quick in trading as there is a high risk involved in the process and most people fail in trading because they always think they can make money quickly. Improving skills is not easy because it requires patience and direct involvement, but if direct involvement is not supported by knowledge it is also wrong. If you want to practice trading skills directly, use a small capital first so that when you master the market structure well, you can try to increase the appropriate trading level. I think the most important thing you have presented for new traders through your speech is the fundamental and technical analysis of the market. And that must be achieved through the use of a demo account before starting to trade. To enhance trading proficiency it is essential to acquire a solid understanding of money and risk management, which I believe will play a crucial role in mitigating emotional influences. Learning technical approach would be the most ideal way on learning up trading on which you should be that familiarizing yourself into those possible tools on which you can make use at the time that you do deal up with trading, for you to be able to not to be that being blind with the market movements on which this will be that so helpful on your part in overall once you do hover yourself into this career. Its never been simple nor easy but learning up trading skills is never been simple in the first place. If you are a complete noob, then it would be that needed or necessary for you to learn up with the basics and trying out to apply and make out some trades with having those small amounts. The other things that you do need up to learn is on how you would be that having that good control when it comes into your mentality and same goes with the emotions on which this would also be considered one of the hardest thing for you to have such control and thats why whenever you have decided to touch up this industry or market then always make sure that you are wary about into those risks involved so that at least you are that prepared on whats to come. Theories could be read up but most of the time on which real experience will be that teaching out the most of those learnings.
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Gambling includes plethora of games, various sports to bet on but doesn't it all boil down to money in the end? More the money involved, more the thrill.
Suppose, as title says — you had infinite amount of money, would you still gamble?
Personally, I can't see myself giving two fucks when I don't care for money in first place. Would you?
If you do have that infinite money then having the thrill that you would be able to get at the time that you do gamble would be that totally not be not that much giving out such impact or doesnt have any thrill at all. Why? You do have that money on which this is were you do made out such thrill at the time that you do gamble but since you do have that situation to have tht infinite amount of money then there's nothing that you can hope for at the time that you do gamble. Yes, you might be having those kind of normal reaction but winning up would be useless because you have tons already. Same goes when you are still that losing on which you can make those rolls to be infinite since you do have that infinite funds as well. If you are on such condition then it would be that impossible that you cant be able to determine on what are the things that you do really want to deal up with it. There are just that those times that you are that interested to deal up with even if it means that you do have that infinite amount. Most of the time you would be spending up your funds into something like travel or buying up some luxuries or what.
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--- The above picture states very clearly the regret most Bitcoin investors are going through now. I was just going through my telegram page when I bump into this in one of the crypto airdrop group, so I decided to share.
Most times as humans we feel more regret for the action we didn't take than the ones we took. 25 October 2011 he was happy that he didn't buy Bitcoin when it was $2.70, but comparing gap in price between then and now, is quite a lot to feel regretful. So in my own opinion, now is not too late to buy Bitcoin because it's still in it early days, and am quite positive that in 10 to 20 years time from now, Bitcoin has the capability of doing 10x to 15x of it current price, so it is best to act now that the opportunity is still there.
Actually there's nothing we can do if we had been able to missed out that golden opportunity to get rich yet no one do knows on what would the future looks like on which there's no assurance that you would be able to find yourself making that huge amount of money at the time that you've been dealing with Bitcoin @2 bucks per piece and the primary thing that comes up into your mind is that what if the price would drop down to 1 cent back or lower? You would be thinking on where it had been started and on where it could possibly be ending up and thats why you cant be able to blame out into those OG's out there that missed out that golden opportunity on which of course theres no one do able to know on what the future looks like. There are just that those times or moments that you wont be able to avoid on keep on minding into those things that happened on which you would definitely be mainly thinking that what if you had accumulated that much in the past? For sure you are travelling now and cherishing out into the profits that you had made or buying all the sports car that you do want or even that living your best life since you do consider yourself as a rich person but of course it would be that still depending on how much you had accumulated into those early days.
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