That's true, because I also faced this fee challenge now and it got worse few weeks back when the fee was crazy high, I normally buy Bitcoin through binance P2P trade and although it's a small amount but I really don't care so long the process is a continual one but the problem now is not buying but actually when you want to move the coins to a non-custodial wallet like electrum for safe keeping because with all the incident I have read and happening that have occured, I can deduce that keeping your coins in an exchange is not an good idea at all but the issue is how can you move coins out when the fees are fucking crazy.
You can only do DCA at a centralized exchange. For non-custodial transactions, you're going to have to wait quite a long time until the dust settles. Things are going to get worse once the BTC halving takes effect in April 2024. That's because there will be FOMO, adding greater congestion to the Blockchain. Sadly this is true, and if the transaction will go up during the bull run, it could be worst that 2017. I remember that time that the fees are so high. But in any case, we shouldn't deter bitcoin enthusiast and continue what they have been doing for years or months. Some say we should move to the Lightning Network for cheaper and faster transfers. But you'd still need to pay a high on-chain fee to open/close a channel on the LN. Therefore, average Bitcoin users are completely "deadlocked". No one can predict the future, so lets hope for the best.  Or maybe just familiarize ourselves with Lightning Network, I think we will need it just in case. Maybe in the future, more online or offline stores are going to used LN for small transactions. And it will be good if we know how to used it. Wasnt aware of LN now is already that been that usable or still on test phase but if ever this one would be pushed through then problems with huge or high fees wont really be that happening anymore. Almost all of this month of December on which the fee is really that staying up on huge sat/byte numbers. High Priority
99 sat/vB
$5.88This is the current fee on high priority as of this writing. Imagine that you would be buying up something like $1 worth then you would be paying up that x5 of the said amount. Do we really think that it would be that ideal? No its not.. Lots of us did really not like the current network condition or situation on which it is really that prohibiting us to make transactions specially into those smaller ones. Just like been said that if you are some sort of whale or does have tons of money then this situation wont really bothering you. This is why i do make out some diversification on other altcoins on which it does have lesser fees but at the same time, the potential is still there in speaking about profit making but of course not everything is really that assured. |
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Surprisingly even people do see about negative things about gambling but we do actually have those health benefits. lol Increased social networking
It sharpens the mind
RELAXATION AND COMFORT
Stress reduction
Happinesshttps://holycitysinner.com/imported/surprising-health-benefits-gambling/Dont know if these are really that indeed something that gamblers do able to feel on the time that they would really be dealing up with gambling on which i do somehow agree on some points above like increased social networking an sharpens the mind but comfort and stress reduction is something that questionable. Why? Losing money would be your primary experience to this and we know that losing money isnt something that could bring up happiness. |
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As a small business owmer, I stand by my own choice and I think it's far more superior to being an employee
I've tried both and even though my company is just a bit over a year old it has made me far better results.
Both paths have ups and downs, for an example being an employee is much safer and comfortable to an average person. You only worry about how you perform and does the check come in on time. There is opportunity for progress and growth but it is very limited considering the possibilities when being a business owner.
If you have a solid business plan and experience in a field, you could make a far larger amount of money and have more freedom with your time and working ethics. It does come with more stress and headache and sometimes far more than 8h daily work but financial stability is a must.
Everyone would really be that choosing up on the things on which we know that it could bring out that kind of financial freedom or stability and this is why even if owning a business would be somewhat not that simple or having that kind of stress then it would really be just that something that we do prefer in the end of the day. Yes, it is really that stressful but something that very rewarding once you do be able to succeed. We are all hoping on living a life to have that financial freedom and even if being a business owner would be that stressful then it is really that worth it once you do be able to handle it out and this something that everyone would really be that preferred. Its understandable and its something that normal that opportunities and conditions would really differ into each other. There are really just those people who dont really love on getting that stress and this is why they do much prefer on being an employee rather than on a business owner but well we do have our own personal choice considering that life situations and preference will really be that basing up into our minds on which we do see that we do prefer and like the most. It is really just that impossible that we cant be able to distinguish about the opportunity that it gives though. |
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Usually every time I do DCA from Cex I will immediately withdraw it to my Wallet. But this time I also feel a little uncomfortable because currently even the BTC withdrawal fee on Binance is also more than $26USD (0.00062 BTC). So this month I prefer to make withdrawals once a month to save on fees.
I hope fees can return to normal but the excitement and growth of BRC-20 seems to continue. Which makes transactions continue to pile up and provokes people to continue to increase transaction fees because everyone wants to get the fastest confirmation on the bitcoin network. I started to wonder. Will later, when Bitcoin adoption becomes greater, the fees will be much greater than now? I think we need a solution. or Lightning Network may be a solution for now.
Its never been that comfortable on making transactions as of this moment specially if you are really having that small amount DCA on which this current fees would really hurt you much specially if you are making several transactions but if not then it wont really be that much of an issue. It is really just this thig year on which it is really that too often about network congestion whereas these things cant really be that experienced often before Ordinals existence which im not surprised that people would really be mainly blaming Ordinals for this situation. I have seen about a thread about Ddos- Dont know if its true or not but its not shocking whose at fault if ever this is true.  https://bitcointalk.org/index.php?topic=5479520.0This is why it would be better not to make transactions as of this moment, but if you do have thousands of dollars in worth of Bitcoin then pretty sure that you wont really be minding with this current high fees. You can definitely afford, i do understand into those feelings on where those small investors or traders who do make out some small transactions on which this current condition which do really sucks. |
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Recently I found out about swapping possibilities in the desktop app of my cold wallet. I kind of understand what is the swap however still not sure my understanding is correct. Hence few questions regarding swapping of coins:
1. Why would you swap one coin to another?
2. When do you decide to do it? Like what is the indicator that swap can be profitable?
3. Do you use CEX or DEX? Or some wallet?
4. What if you don't have a pair on a CEX? Do you convert to USD/USDT and buy another coin?
5. What are risks usually related to swapping?
6. Any advice you would want to share with beginners?
thanks.
1. If there's no other way on acquiring those coins, then SWAP would be only your option. Expect for some gas of course 2. I dont see any profitable swapping unless if the price gap or movement is relevant 3. Common swap sites, Uniswap and others. 4. If there would be options then that would be the best way on acquiring a coin or whatever you do want 5. Floating transaction - caused not enough gas or not credited balance 6. Always deal with legit swap sites, use recommended fees to avoid stuck transactions If you have doubts on a certain swapping then you could be always able to ask onto this community. We are highly reactive when it comes to scams or whatever correlated to it. |
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Indeed, loneliness may be difficult, and meaningful activities can help. Recognizing that everyone's journey is different is vital. As you said, joining a charity may be a lifeline for some; it gives them purpose and a sense of belonging. For others, the solution may be more complicated. Consider gambling. While typically perceived negatively, especially in the context of addiction, it can be a source of social contact and leisure if done responsibly. I've known people who enjoy occasional, limited gambling and community. Balance and self-awareness matter.
While avoiding casinos is a good idea, not all gamblers become addicted. Some use it to socialize and get a thrill. The objective is to promote healthy gambling and provide support for those who need it.
At least each person should be able to find a way to overcome his loneliness and instead become interested in gambling, especially if he has good memories of the past when he often gambled. A lonely person may reminisce about the past and think maybe I can go back to gambling to see if I still have good gambling skills. It can make them return to gambling and there is a possibility that they will become more enthusiastic than before. If they don't have good self-control, playing gambling again will be a disaster that they don't realize so they will only experience a gambling addiction. But when he realises that his return to gambling is not something that should be done too often, he will not experience any problems, and he can even enjoy his gambling moments. He also won't gamble too often because he realizes that he can be addicted to gambling so he will try to find other things to keep busy rather than just thinking about gambling. It is really that part of human instinct on which we do really tend to find ourselves in speaking about easing out on the loneliness that we are currently experiencing on which we do really find out some things which it would be wiping out on the situation that we are in. If you are that someone whose really been that able to play gambling wayback then it would really be just that normal that you will be considering on playing gambling again on which it is really that totally opposite into those people who arent really that playing gambling at all on which they would really be finding things which would really be diverting out their current emotional situation like doing sports or any hobbies or things that do interest them. We know that each person doesnt really know on how to gamble and it does have that different kind of interest in life. So it would really that vary from person to person because not all would really be that knowledgeable on what gambling is. There might be someone whose really be having that kind of possibility of that curiosity towards gambling and this could be the start on having that new engagement but of course it would be depending whether someone would be pushing it or not. |
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As a short-term goal Bitcoin Investor whose eyes has been on the Bitcoin market and has accumulated as much Bitcoin while expecting the bull-run markets to come and skyrockets so you can sell you Coins at a profitable higher price, and then you wake up lately maybe at night or sometimes in the morning and learns that Bitcoins value rate (Price) hitted the market even times 3 of what you expected for example, you awaits the market to hit $65K and then it hits $165K just at your slightest mistake of given the markets charts monitoring maybe few minutes or an hour break and then it depreciated unimpressively against your will probably even below your hodling value at your notice, how would you feel at it?
That was another missed opportunity for someones who has always aim to see bitcoin price at its peak. Now that it happens, you're not there to monitor the market but only leave with you a very disappointing price that anyone will feel the regret of not having to sell when the market value is at its peak. But that's okay, as cheaper price opens new opportunity to accumulate more bitcoin at a very affordable price. However, bitcoin has always seen recovering from its deepest price drop, so don't be too alarmed but wait for the market to recover again so you can sell at its very impressive price. This is why some people do really prefer on doing active trading on which they could really be able to sell out whenever they do saw 30% gain. How much more on 2-3x of your entry price? For sure you would really be having no doubt on selling it out immediately. Just like on what others been saying that it cant really be avoided that you would really be having those doubts that it might be shooting up even more and we know that once that FOMO would kick in then it would really be that possible that it could shoot up even more when it comes to its value and this is something that you would really be thinking and this what makes you hesitated on selling out your position because it would really be that so questionable on whats going on? Why so much pump? For those who do have that enough experience in the market that this cant last up forever on which correction would really be that next in line. You would really be that upset once you do see again the price is going back into the floor on which you would really be murmuring that you should have sold out into that point and would be making out some buybacks on the time that it would be corrected. This is why it would be wise that you should take profits on the time that it would be reaching out into that point. There are really those people who are really that wise on doing such thing and this is why they would be seeing profits in short span of time without needing to wait up for long years. |
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Solana has been in rally for a while as lot of speculations and news around it and new tokens on it's ecosystem has been credited for it's rally, shall we consider this as beginning and is it a good time to take entry? Someone new to crypto would say "Yes" but those who has been here for a while would be hesitant because we have seen SOL rising from $15 to $259 and then witnessed the downfall as well to less than $8.
I personally feel little bit confused because somewhere I feel if I enter now then I will be doing it in FOMO. Please share your opinion whether we can still take entry or should we wait if there would be any possible market correction and this is not for long term investment.
If we do speak about utility and overall characteristic then i could say that Solana is really indeed a good coin or project. Cheap fees and fast transactions on which it is something more better than ETH. For those who had been able to make investment or entry point back in January 2023 then they are 10x of their investment now or even higher. No one had expected out on what SOL did. For those who had been able to trust up this project and make out some investment then they are really making money now and on the current price and since we arent that still yet on bull run then we can say that we can still make profits if ever we do tend to enter now but well its up to someones personal choice on which projects they would be investing. Getting FOMO? It would be always best that this one would be applied on good project or to those who are sitting on the top. We cant really be still be able to sure on how far it would go and we are still early. Even memecoins on solana chain are flying like hell. |
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How do you strategically navigate hyperinflation to safeguard your financial well-being?
Would you invest on crypto, stocks or household when the cash is not the king?
The simple fact is the majority will suffer when hyper inflation starts to take over your economy, they will not have the means or even take action like getting their assets into a more reliable place that will not be damaged. If hyper inflation starts to infect your currency, after pushing up the price of goods and services, then the only solution if you have wealth is to move it out. Many governments will try to stop this exodus of wealth, as it can make the spiral worse, so you have to move early. At a certain point, unless the root causes are addressed and fixed, the population will end up in a subsistence style economy where they can barely survive - look at what happened in Zimbabwe for a textbook case on this topic. They would really be trying out to make some action on the time that they do able to feel up that hyperinflation or something that gives out already a huge impact into their salary but on the time that it isnt really that be felt or something that noticeable then they arent minding on doing things which are supposed to be done in the first place. People would really be just simply making those actions on the time that they would really be having those feelings but they arent really making such thing on early situation on which it is really that a common approach. When it comes into the talks about survival then it would really be just that wise that you should really be that mindful on making those steps on making yourself that better in terms of finances. You cant really just that make yourself that relaxed just because you arent experiencing any hardship, unless if you do have already multiple income sources then it could be possible but if its not then for sure you would really be definitely be struggling as the time been passing knowing that inflation becomes even more worst as the time passing by. So it would be sensible on what are the things that you would really gonna do for you to be able to survive out. |
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However, I see no offense on that if an unstable or mentally ill person gamble, moreover before someone will open a betting shop, that that means the person is not there to joke, business is business, as long as the gambler who is mentally ill is not owing the cashier then there is no need for them to stop the person not to gamble.
Despite the dressing, of the person is not there to cause trouble, they should allow the person to gamble but he will have a limit.
I have seen some alcoholic addict that still buys drink and get drunk, and the sellers are still selling alcoholic drinks for the person. And you know drinkers and addicted gamblers are almost the same set of people.
People are really just that judgmental on which there are things which arent really that ethical on doing so just because they are not mentally stable then they dont have the right on playing? For sure casino owners would really be drawing out that border line on which if things turns out to have involvement about harassment or some scandalous kind of acts then it would be normal that they would really be kicking out a certain individual on such place and wont really be letting to enter the premises again on which it would really be just that a normal step that they would really be taking.It is really just that its too much if they would be banning out directly without having some proper assessment on the situation. If there's nothing he had done then they are really that free to play and spend all they want. We know that into this business, owners would really be much preferring into those people who are really that having those gambling problems because this is where they could really be able to make money on which into those people who are really that impulsive already with gambling activity since they do know that spending would really be that too impulsive into this time. |
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What brought you to Bitcoin? How much of it have you accomplished? For me, it is the desire to earn a living off the internet without the encumbrances of a 9-5 job and having clients from all over the world pay me for my services without the limitations and regulations of fiat (a pity Bitcoin is being fiercely regulated too). I wouldn't say that I have accomplished that since I still support my earnings with "regular" jobs. I like the liberty of being in control of my time and how I work though I still have not gained that liberty completely. Nevertheless, I believe that with the plans I've implemented, being completely free from a 9-5 or "regular" is possible in 2 years.
What brought you to Bitcoin and how much of it have you accomplished?
Not really that able to quit up into my dayjob but atleast it did really be able to contribute generally or play a big part that im really that earning much which is way more than with my day job salary on which this had been always my target in the first time that i had stepped my foot into this space on which im really that trying out to look for another side of income on which its been hard but it wasnt what impossible. Even up to these years on which even i do hit up that target or goal then i do at least have found myself that im really that sustaining or able to make money since i have learnt up skills like trading on which i do really be able to make profits on which it is really that a great help but of course i have passed through lots of failures and challenges. Its never been that easy on making yourself that succeed on things on which you are thriving it to happen. It is really just that a matter of perseverance and seriousness on how you would really be able to achieve your goals and wishes but of course it would be mattering on the effort and time that been spent. |
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Anything involving money is difficult, but right now I see schools opening to teach young people how to trade, so I think applying for these kinds of short courses won't be bad at all. You will learn a lot from these kinds of schools, and I like that they are making every effort to help their other young men start their own businesses and feel more empowered. People are making cool money from trading all you just need to know is to know how to trade. And schools were you learn trading will teach you a lot 9f things even the risk management its a full package when you see things like that its good to enroll. And then they will tell you guys how important having knowledge is and so many other things.
Yes, especially in today's conditions making money in any way has become very difficult but losing it has become just as easy. Giving lessons about economics and investment to the younger generation in many schools will definitely help the next generation to make fewer mistakes when investing and will also be beneficial for making less erroneous investments. Especially in order to make money by investing, knowledge is at least as important as experience and we will see that many successful investors will grow up after learning this knowledge at a young age and gaining experience. Thanks to this education system, the new generation will learn not only to invest but also to establish and produce successful businesses. Certainly, learning how young children can invest correctly, manage risks, produce and establish successful businesses will be beneficial for the country's economy and will help raise more successful individuals. In addition, it will be a great advantage for future generations to gain financial freedom earlier and be self-sufficient. Spending money is really that easy peasy but on the time you would tending to earn it then it would really be that pain in the ass on which you would really be needing tons of ways or methods on how you would really be that increasing your income on which in todays years or era where economic issues and conditions are shit on which making or earning money would really be that so hard, unless if you are having that high position or ranking then it might be considerable but if not on which you are living on an average pay kind of life then even paying up your monthly bills would really be that hard. This is why some people would really be finding trading to be some sort of their option. Im not saying that it is impossible but it would really be a very challenging thing if we do speak about being consistent. There's no way that we wont really be able to experience the bitter sweet condition on which it is really just that right that you would really be needing to adjust if you do really want to sustain yourself. It would really be involved by tons of trials and errors before you would really be able to make yourself be able to handle into this market. It is really just that an option to take by someone whether they would be making this as a side job or would be going full time. |
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If you have idea on a particular investment, it will help you to follow the straight way that will lead you to some stage that will make you to believe that you are close to your destination of greatness, and if you have money and idea, very easy for you to grow higher in your investment which the two are very important to investors because, you will know the type of business to invest your money which you have the idea that it will bring a good profits to you in the future. Do you believe idea and money are very important in investment? Or can you succeed with money without idea in that investment.
Of course, ideas are very important when investing. You may have money, but if you don't have an idea to start a business or invest, you can't move forward. Of course, there are exceptional cases, but they are not our topic now. It gives us options to evaluate our idea money. The better these ideas are and the more likely they are to lead us to the result we want, the more successful we will be. Sometimes we may not have an original idea, but if we do enough research, we can take some good and successful ideas as an example. There is no harm in taking some ideas as examples when it comes to investing or starting a business. the idea that someone has in terms of doing business or investing is certainly a good thing, so in my opinion they must be doing it as well as possible because they do this all of course want to make a profit and to get that profit of course, you have to do what is run as well as possible so that it runs well and also produces its own benefits. having an idea in addition to money would be very good, the possibility of success is also great, but it also depends on someone who runs it, if they run it poorly then the possibility of the results will also be poor. no wonder many fail, maybe it's because those who don't learn much about what they do so it's not strange that they fail, it's best to do a business and investment should learn in advance about the aspects and things related to what will be run because it will determine the future where they themselves will also feel the results of the business they are doing. So it' takes good learning and research to produce the benefits that we will feel later. Idea would really just remain to be that imaginary on the time that you wont really be making any actions on which it would really be just that normal that you should really be needing to materialize those ideas on trying out to raise up some funds and make those ideas to be that real because no matter how great the idea is but if it ends up on having no work or action then it cant really be that possible that you would benefit from it but of course not all brilliant ideas would really be that something that guarantees success and this is why there's still risks involved. There are people who do really able to take up that risks and tried out on making such step. Its neither whether you do succeed or fail. There are people who are really that cant just bare up with the risks and this is why they dont really take any actions. Ideas+money (capital) is really that important on both things because ideas wont really be that materialized if you dont have money and same goes for you do have the money but you dont have the idea on how you would really be making out some investment with it. This is why it would really be just that depending on the situation and the actions that you would really be making. |
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I have seen many couples engage in responsible gambling. They have a solid financial base and are always disciplined in gambling.
The fear is not about them, they can be doing fine by themselves, its about the legacy they create for their children, unless its about couples who don't Care about having kids. These tiny legs are super observant and a silly mistake from their caregivers can get their lives ruined and get them off on the wrong path. I believe that in the near future, gambling will be legalized in most countries, and there will be widespread information on the internet and the streets. Your children's lack of understanding of gambling knowledge is the foundation for gambling addiction. Thus, the more it is banned, the more curious it is for children to learn. It is important to show them clearly the negative effects of gambling on life and the economy so that children can control their decisions. It is facing the sweet temptation of betting games. Let's raise gambling awareness among our children.
Children under the age of 16 should not be exposed to gambling, reason being that they're not psychologically sound and matured enough to make good decisions for themselves and gambling decisions is one of the toughest decisions to make because of its addiction possibility. Its More like congesting their childhood. Please things children are exposed to should be greatly regulated. That's why you see 18+ in most platforms. They're not stupid, they know the dangers of involving children in those things at a tender age. It doesn't go well with them in the long run. I get your point and if you ask for my opinion I will also say same thing but I think most western culture or way of life are ignorant of some of these things as the world with them have become so free that the children are constantly exposed to such habits even without the consideration of the effects(negative) that can get to these little observers. Although I know that human are of different types as some are ignorant and careless and do fall under this category. Yeah this is actually true and real situation or happenings into this life on which there are really cultures or certain races on how they do really raise up their children on which it is really that too loose on which on the sense that it is really that making those young minds would really be that too exposed on things which arent supposed to be that exposed but well there's nothing we can do about it on which there would really be those kind of things happening around and better not to boggle up yourself when it comes to this situation but rather it would be better that you should mind on about yourself or your own family. Basing up on this situation on which both husband and wife is really that engage on gambling on which quitting would really be that so hard since both of you are really that engaged into it on which there's no one would really be able to stop you on the middle on the time that addiction would really kick in. There's no one would really be able to pull you out. This is why it would be always best that one of you would really be quitting up and then trying out to explain and tell the other side that doing the same will really be that recommended specially if family relationship is already that compromised. |
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Binance just announced that their visa debit cards will stop working in Europe after 20. December 2023. Accounts (even in in EU) are still safe, it's just their handy visa payment method that needs more alternatives to fill the gap. Crypto.com card keeps still working in EU, which makes me think that they are just after binance now. If i needed to give an educated guess, i would guess that binance might have made it harder for them to track down users. And since their actions and userbase is too opaque, eu kicks their cards out. I am sensing more regulatory issues coming up as this is clearly just a one symptom of something bigger. source: https://www.binance.com/en/support/faq/frequently-asked-questions-on-binance-card-eea-program-closure-d6c54984df904db7a0705f2914827381And that something bigger did really happen on this year on which we've seen on what are the current happenings on Binance exchange. Regulatory issues are their main problems now and its not really that shocking that countries had made out those kind of connections or services being used then when legal things do insert in then its not shocking that they would really be trying out to get rid into those things which do have those kind of possible problems and if Binance shuts down their visa debt cards in EU then it wont really be that shocking that it would be always pertain about regulatory issues. We do know that on the time that you do become that too big and become that too noisy already on crypto space or simply having that huge generation of incoming and outgoing tx and making out those crypto related services then for sure the government would really be having that eyes on you. Even now, it do really ends up that Binance would be blocked or prohibited here in my country 2 months from now on which it do really sucks considering that i've been using up this platform for a while now which i do mostly prefer comparing among other exchanges. |
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Not all of the world's population needs to use Bitcoin, and if 5% of the population and 5% of companies use Bitcoin, I think we will reach an acceptable level of prediction such that there is no need to convert Bitcoin into dollars and the possibility of using it to make purchases for most needs due to the availability of the level of acceptance.
Five percent is too small, this means you will hardly finds a place or an organization that accepts bitcoin before you can be able to spend it, bitcoin is already getting to that stage, very gradually we are moving to be the mainstream of making payments, we many still have to use them both for now till that time arrived whereby we don't need any other means of making payments than bitcoin and exchange of this same digital currency into fiat may not be needed as before since it would have turned the mainstream global currency. Difference is with the way we are using it. If it is with mode of payment, then there's only a small percentage where it is being used as it is. Bitcoin and other cryptos are widely used as an asset or an investment and there's nothing really bad about it. With its wide acceptance, there'll be more years to come before its total acceptance. It is now known by many but there is a mix of impression towards this technology and we should wait further for improvements on such viewpoint. Global currency on the other hand is something. If we do speak about into its utility then we can really say that it isnt really that something that has been that totally used but rather crypto is really that been treated up as an investment on which people would really be that holding. They wont really be that trying out to make use of those coins or trying out to make transactions considering that value could really be able to rise up in the future or does simply that do talks about having potential. We do know that when it comes its real essence of its existence then it would really be taking about transfers or as a currency but people wont really be tending out on trying to touch it out if we do speak about on making use of it into that particular method. Adoption and recognition is really just that on the move on which it wouldnt really be something that can be stopped if we do talk about adoption. Whether it would become mainstream or not then there's no way that we could be able to tell on what would really be the future that lies ahead. No one knows on what would be the things that will happen in the future whether bitcoin or cryptocurrencies would really be taking up some place or would both co-exist with fiat in the longer runs or wouldnt really be that something relevant as people would just simply sticking into those traditional things? |
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Debt means so many things to people and it all boils down to it's usability. Debt becomes liability when is taken to be expended frivolously but assets when put in a revenue generating business. It could be a curse or blessing depending on how to use it. There was a new in Nigeria recently about a man from the Eastern part that raised a loan of 2.5m all to use it to bet and lost then commit suicide.
Loan or debt should be collected and used on things that can generate the money back and still give you margin
Debt or loan is the money you do t have on your own but collect to enhance what you need and that need must be what can repay it back even without interest
Really depends on how you would gonna use it on which we do know that there are people who do took up some loans just to buy up something which isnt important like buying up a car or really just that spending on their family travels on which i could say that it is really just that too absurd on such situation. Unless if you do took up some loan but you are really that responsible on repaying back on time. It is really just that a matter of choice whether you would really be that be spending it on your leisure times or you would really be focusing into making up some business since you dont like on spending up your money just because you are really that mindful about your future. There are really just those people who dont really care up about their future and would really be just that mindful in regard into their current situation on which there are really that being too scare that they might not be able to repay up their loans. If you do saw that you could really be able to do so then it would really be just that right that you should really be repaying back those amounts in time. It is really just that there are people who dont really care in speaking about future. |
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The terms and conditions of casinos and other companies is usually very lengthy and somehow boring for some people. Hence , many people rarely find time to read them. They may actually contain some of the complaints that people raise about some casinos such requiring KYC if there is need or suspicion of money laundering activities.
What is your take on this? The terms and conditions of a service should be mandatory for every potential customer to read, this can prevent you from accidentally breaking the rules in the future. I know reading the terms and conditions of a service is tedious, but useful. Of course, I think it is indeed a very important thing, it is impossible for the casino to also provide something that is not useful for gamblers who want to get involved, nothing else I know is that the casino provides conditions for gamblers, namely to avoid accusations of fraud, or the intention is that the casino avoids accusations from gamblers who do not understand the rules and regulations in the casino. Yes, it's true that sometimes it's quite boring and I think that feeling is very common for some people, usually they will be lazy when reading something that is certainly quite long but after all it's for the common good, after all you don't need hours to just read a notice like that, by taking at least 1-5 minutes it doesn't matter because it's for your own benefit to avoid breaking the rules which even the possibility could be that your account is frozen and finally there are accusations on the casino. The terms and conditions are pretty long. We are too lazy to read and cannot remember them all. However, these things are beneficial for players. We can safely understand the rules and regulations of the casino. And as you said, avoid freezing players' accounts. I have encountered many very annoying cases when my account was frozen. Instead, we ask someone to show us the steps of the casino. Instead, the casino guided us through everything. I have read and followed those instructions and terms. When it comes on being lazy then im guilty with this on which it is true that you wont really be that interested on reading up a long pile of text and trying out to understand those terms and conditions on which i couldn't blame those gamblers who would really be skipping out on reading this and would be hurriedly checking or ticking out that check box and went straight away on playing. It is really just that there are people who are really that mindful about these details and would be able to do such thing on which i could say that it is really that unsual. We do know that when it comes to those terms then they dont really differ into each other on which there would really be those common terms but having slight differences in terms of jurisdiction depending on the license provider. For me then i do assume that most of them would really be just that almost the same and this is why i would be skipping out on making those reads and so far i havent experience any lock ups or problems due to breach of those terms. The real thing on here is that whenever the site access is blocked then dont tend to make use of VPN but if its available then assume that it would be just fine. |
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From a user perspective, an exchange without KYC would indeed be better. especially for beginners who don't understand privacy and the risks.
but for those learning trading, the best exchange I think is a local exchange in their own country. who accept deposits in the currency they use. obviously, it will require KYC, but as a start to learn I think a local exchange is best.
If beginners start to understand the concept of trading and start paying attention to exchanges with good trading volume, it will be good enough to hone your skills in trading. especially with more assets to consider.
Local exchange market is the best option for beginner because there are available with local currency pair and easily understood with price have to buy and sell later. Seems all countries have own local currency exchange market and Binance seems supported with several local exchange pair for trading but including for all altcoins. For local exchange, the beginner understand well about deposit fiat fund firstly before use for trading, I think difficult for them have to start on global exchange market like Binance, Kucoin or Huobi because they can understand well how to make deposit first before buying some altcoin or bitcoin. In local exchange have easily feature with deposit fiat or local currency and convert it to buy stable coins or directly trade from local pair currency with bitcoin or altcoin want trade by beginner. that's what I mean, why beginners who want to trade can at least learn on the local exchange in their country. It might be a bit problematic if their country doesn't support crypto and its trading. they can learn with some guidance from the information provided by the exchange for beginners before starting trading. If you just want to own assets like Bitcoin, it might be easy with p2p, but learning to trade if you are hampered by state regulations might be a little more difficult. but there are already many videos that can be watched for them to learn to trade on several exchanges. maybe it will make it easier for beginners to learn. I would say that it would be better that you should be directly be dealing up into those platforms which are known to be the best or simply that really speaking about top in the market. Im not saying about not to support your local exchange but in speaking about fees and overall user experience then you would really be able to tell the difference and this is why it would really be that recommended that way but of course it would really be still that depending on you in the end of the day since each person does have their own preferences when it comes to things on which they would really be simply sticking on things on which they were comfortable or really that having that good experience on it. Starting trading would neever be that simple but starting on making use of the best platforms out there would really be easing out at least because everything is complete and when it comes to fees and other features then it would really be that always better comapred into those local exchangers but well it would really be still depending on you because you are the ones who would really be making use of those platforms. So it would really be just that depending into your approach. |
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I wrote this in my notes app when I became aware of ledger library exploit. All this writing was spontaneous, and you should definitely heed it.
Crypto is wild west. Scams/hacks, all the new ways to get compromised never ceases to amaze me. Yet, it remains one of fastest way to build one's portfolio, once you have made enough, secure it, diversify in real estate, gold, etc.
You could having million dollars worth crypto in your wallet and next moment, puff it's gone.
Thank you.
It would be always that your own responsibility when it comes to the overall safety of your assets and this is why you should really be that sensible or really that mindful even on the slightest security measures on which you would really be needing to be done to protect your assets on which it is really that true that even buying up some hardware wallets doesnt really assure out that overall safety. We've seen those exploits and security issues about those hardware wallets on which it would really be leading out with that kind of hesitance in speaking about overall secueirty. This is why we've seen people who are really that more trusting with those non custodial wallets and saving up their own phrases on a piece of paper on which it is really just that something gives out that confidence rather than on storing into those hardwallets. Although it would really be still up into your choice on how you would gonna deal up with this matter because there's still that a huge demand and recognition about hardware wallets when it comes to long term holding. |
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