which would you prefer to receive?
a. $480,000 lottery win as payments spread over 96months(8 years) of $5k a month
b. $480,000 lottery win as payment lumpsum $480k
c. $480,000 of bitcoin at(~$24k/btc buy price recent months allocated to the donator) 20btc
d. $480,000 value house
e. $480,000 value business
f. $480,000 of gold at(~$1.8k/ounce buy price recent months allocated to the donator) 266ounce
pick one and explain your rationale..
if you pick bitcoin as first choice. also pick another and explain rationale of second choice
(im mainly looking to see people opinions/rationale on choices that are made about not option C and compared to C)
Why? Would you give me this? lol jk. (unless?) Of course being the crypto fanatic that I am, I'd choose bitcoin as my first choice, not only am I looking at a massive win-win cause it's bitcoin at a relatively low price point so there's even higher chances of earning more profits, there's also the fact that you're investing on a pretty safe asset like bitcoin, at least compared to other cryptocurrencies in the market. Now for my second choice, and I haven't really given this much thought unlike the bitcoin first choice, I'd say despite the precarious situation that the housing market is in, I'd pick the house/real estate property option. Recession comes and goes, but if you hold on to your properties and don't sell it off you have a pretty good fighting chance at breaking even or turning a profit eventually when the market recovers. If that doesn't happen worst case scenario, you got a pretty house to live in. |
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Since you have already spread the word about bitcoin among these friends you have, the only thing that's left for you to do really is to encourage them to do their own researches and from here on out, invest or learn about bitcoin out of their own accord. It's less about not taking accountability if your friends lose in their investments, but more about giving them the proper knowledge base that they would use as the foundation for their bitcoin journey, and a ceremonial passing of the torch so they know for sure that from now on, they are the ones that are responsible for their investments and their financial future. Give them some books, websites, and shit that they could learn a great deal from, from there, encourage them to find about bitcoin by themselves.
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There are speculations stating that the price could go for as low as 10k or even 9k this time around, as no real support is available at least within the current price points as well as projected price points that bitcoin will be in in the next few months. Not to mention that historically, bitcoin has this slingshot mechanism where it suffers major drawbacks first before it actually propels itself upwards, just like what happened in the first 3 halvings that came before this one. In any case, one thing's for sure, as long as the net amount of bitcoin enthusiasts who held strong remain the same, bitcoin has a pretty nice chance of at least reaching the 60k valuation that we were able to enjoy 3 years ago, perhaps even higher than that but that's a little too optimistic.
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Bro is living in his own imaginary world where bitcoin is only used for investments lololol. Wakey wakey eggs and bakey. The real world is already using bitcoin as a form of payment, and that alone is enough to ruin your whole wall of text that you prolly did with ChatGPT's heavy lifting. Maybe use a different argument other than "Bitcoin's not being used to purchase for shit huhuhu therefore it can't be considered money" When it couldn't be farther from the truth. From the get-go bitcoin has been used to pay for shit, ever remember about Laszlo and his pizza purchase? Or the millions of purchases made under bitcoin's economy? What of the country of El Salvador using bitcoin as a form of currency right now? We just gonna sweep that under the rug?
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 A crypto investor, Crypto Tony, believes that since the market is often controlled by large investors, market conditions can change at any time. A temporary increase in the price of Bitcoin may be a strategy used to increase liquidity in the market. That is why he wanted to know the opinion of his followers on the X twitter platform for the purpose of investors. Tony thinks people are blindly investing because Bitcoin ETFs will be approved, what if it isn't? Some disagreed with his statement, saying they felt the SEC was too late to approve Bitcoin ETFs, and that is why they would approve the ETFs. Crypto Simon, a famous trader who agree with Tony, shares the same view that if ETFs are not approved, there could be a big fall in cryptocurrencies, which he believes everyone should be prepared in advance. Bitcoin reached its highest price in the last 1 year and four months with its price rising above $35000. However, Bitcoin has been quite bullish recently based on a fake news story about ETFs Approval. Despite the rumors, Bitcoin movement still in bullish trend. In this situation, if Bitcoin ETF applications are not approved, will Bitcoin not be bullish? Only 2 months left of this year. We expect a potential halving event for Bitcoin in the coming year of 2024. If the Bitcoin ETF is not approved by this time, could we still see a bullish movement in Bitcoin price Until the Halving event ends? For what reason though? Bitcoin's volatile and all that stuff yes, but it's not illogical, the pump from then on until now have been warranted and have been sustained by events that lead to it pumping the price, bitcoin can't just pump its value whenever it so pleases, it doesn't work that way lol. The ETF isn't necessarily a fake news either as it has been found to be true anyway later on, or at least news about it surfacing a little later than what the whole industry has expected. I suspect that once the hype around this ETF subsides, we'll probably get back to the 30k ball park once again, probably even dump as it's been like that every time we enter a new bull season. We expect bitcoin to drop a little lower for the first couple of months only for it to pump like crazy once it gains back its momentum. |
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I don't think the current fiasco Tesla is under serves well in making the electric vehicle industry look good in the public, or at least the face of electric vehicles for that matter, Maybe we should push this back a little further lol like in the 2050s or something? That seems a little more feasible since improvements in the guiding systems as well as other peripherals are also being looked upon by many ev manufacturers lately. Tesla's under fire, Audi's not getting anywhere with their electric vehicles, and while China has been doing their part in creating these electric vehicles, they haven't penetrated the global market just yet and their shit had that bad reputation of always breaking down. Not looking good for our EV bois.
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I say you look into saving money first before going for your expenses. Especially if you're a middle-class income earner. If you're finding it hard to save money, cut the middleman and save money before it becomes hard by automatically allocating some of your salary and then working on what was left for your expenses. I've done this and it's not so hard on my spending habits either, I was even able to allocate some of my money to reinvest into crypto, so it's possible by all degrees if you're going to have the discipline to follow through with it.
Most banks nowadays have these autosave feature that automatically takes from your bank account a certain amount each month. Use that, use autopay as well for your bills so you pay them on time, and then, don't go on dates every month if you have a partner.
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With bitcoin it would be a little tricky. As it stands today, bitcoin is a solid sub-industry already with little to no improvements needed, so you can't really penetrate the corporate scene in it anymore. Crypto on the other hand, now we're talking. Crypto is a massively improving industry with growth bigger than your pre-pubescent years. You could pretty much do anything you want and you're sure to find a place in this industry, coding? Web design? Community and social media management? You name it and the industry will keep a spot for you. With the advent of web3 this will become even bigger, so perhaps instead of looking for bitcoin careers, you might wanna look instead for CRYPTO careers.
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I thought this guy was Chinese, given his last name is Zhong. But his action was careless because one wrong move, and that $3 billion, at the current price, ends up in the possession of the US government. He probably wasn't fully aware of the potential consequences of his actions at the time because he made a move that could trace his wallet for an $800 withdrawal only. I'm not sure if what they found as evidence against him is entirely accurate because based on his actions, he seems like just a regular guy who, due to a lack of knowledge about the law, made a mistake.
But the good news is that he was sentenced to "one year and one day in federal prison." He's probably regretting it big time, especially watching how Bitcoin has grown since. This article coming out during the bull run must be haunting him even more.
Meh, I don't really think so. After spending a good amount of time in this industry I knew for certain that there are certain people who are more than happy to diversify their wallets and keep a stash with them secluded on a spot only they would know. The government may have found his 50000 bitcoins or whatever, but the thing is, Silk road was a massive thing in the dark web, acting as its own de facto version of E-bay. So I'm guessing he has a stash hidden somewhere only he would know and he's probably sitting comfortably on a hundred or thousands of bitcoin. He's smart enough to think that this may happen to him one day, he probably got it figured out to a t as well. |
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I don't set an amount. I always set limits.
When you set an amount to reach you inadvertently putting yourself in a situation where it's either you hit that goal at the cost of probably succumbing to revenge gambling a few times. This is not good and if you're left unchecked you literally could fall into gambling addiction. The real alternative that you could do, is set limits upon yourself. Try emulating my 3 wins=3 losses strategy, where every time I earn 3 wins or 3 losses in a gambling session, I automatically quit. That way, I can lock on every win that I have, or I can stop myself from spiraling down into a massive revenge gambling round. It also helps me keep in control of my gambling choices, making sure that I don't fall into gambling addiction.
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Thing is, it's great and all to lock in your wins and earn your keep, but there are people who gamble for the thrill of it and not for the profit. Do we persecute them for making risky choices out of the fact that they are driven by the excitement that these types of games bring to them? I don't think so. Sometimes "greed" is good, but only if we're doing it in such controlled scenarios wherein you still greed for shit, but not necessarily for the money. Am I making sense lol, I feel like I got off into tangent.
In any case the only thing that matters really when you gamble is that you don't succumb to revenge gambling, once you're able to successfully get over that you're good to go.
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Don’t put your money on exchanges unless you’re going to send crypto or you’re going to trade cryptocurrencies. With what happened to FTX you would@?3 expected people to be more responsible when handling their crypto but we still gotta inform them every week to about “not your keys, not your coins”. In any case just use a coldxwallet and set a reminder for yourself ever month or so. If you’re looking to DCA tht’s the most consistent and safest option out there, and most of all you’re not going to pay for taxes and fees when you transfer these coins into your wallet, so it’s a massive win-win for you. Using cold wallets are easy too, just find the one that suits you the best and you’re good to go.
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I think it’s both a good and bad idea. For one, a good portion of the world is bilingual so it’s not like you’ll have a problemwith translating it especially if you translate some of your seed phrase’s words into your native tongue. Now the problem starts wjen you start incorporating other languages into the mixture. Imagine using a language you do no know much of, as part of your pass code, it’s either you’ll lock yourself out, or you risk losing your wallet since you’ll be translating shit over the internet and keylogging is so easy to integrate into systems nowadays. A simple email or a text file could carry with it keyloggers.
In any case it’s not inherently a bad idea, it could work and I can already imagine someone doing this . But it has its downsides for sure.
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This is the right way but not everyone can understand it. It is because most gamblers are dirt poor and greedy which is a very dangerous combination. Lots of people think gambling is a job and they can get rich if they learn this skill. There are indeed some ways to make it work but all of these methods are banned by the casinos because it makes them lose money. Long story short, gamblers and casinos can’t be the winners together. One of them has to lose so the other could be the winner. People fail to comprehend this simple fact and they think they can quit their jobs and become fulltime gamblers. They don’t realize gambling is way less rewarding than their jobs.
Exactly. A lot of people downplay the fact that most of the gamblers who fall off into the deep end are either those that feel hopeless in their financial situation (those who didn't graduate anything of value, are dirtpoor and stuck in their deadend jobs) and those who are not financially literate. They both see gambling as their ticket to escaping this nasty life which couldn't be any closer to the truth since what gambling can only offer you at best is a distraction from your problems, even if you do win in these games lol. But it's not like people would go out of their way to inform the public of the dangers of gambling for profit, after all how will the casinos earn from these people? How will the earn from referrals and commissions? |
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I say, if you're a beginner gambler and you're just learning the ropes into this industry, Don't go for the new casinos as they typically come with more risks and less payoffs. Stick to those that are already established like Stake, Duelbits, or whatever's already up and running for years now. It's much better to be safe and enjoying your gambling journey than risking it and eventually losing your money to either casinos with convoluting withdrawal schemes, or outright scams. And it's not like these established casinos I spoke of earlier's not pushing out deals, discounts and giveaways anyway, just play with those that everyone already knows so you don't have to trouble yourself with dealing with scammers.
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This is directed to the girl who made the post: I say leave the guy for better or for worse. The thing is that he's either really stupid with money, or he's just addicted to gambling, either way you won't want a partner like that for the rest of your life. Imagine being stupid enough to think that betting on a stupid game all your savings for a very important occasion, I can't and I won't cause I may have been greedy and belligerent in the past, but even I know that there's limits you need to uphold for yourself. These kinds of stuff are non-negotiables for me, you're going to stay with him for a very long time and he's already showing you what kind of person he really is when it comes to money. If you stick with this person you're going to struggle financially even if you make a million a month, trust me. But just imagine spending more than half of the 5 million, what in the actual hell.
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So which are you, a top-down or bottom-up bettor?
I believe I'm more of a bottom-up bettor because I calculate my own game odds and don't depend on others for them. Whether someone is a topdown or bottomup bettor depends on how they like to do sports betting. Some bettors might choose one way based on their skills and the kinds of markets they like. Your decision relies on your betting style and how much you're ready to put into it. Same here, I only ever bet on sports that I know and on players/fighters that I am most acquainted with, so I am pretty confident about my own deductions, although top-down doesn't sound so bad either despite the disclaimer about it being time-intensive. If that's what it's going to take for me to consistently win games and earn more money to put into my bankroll, I'd be willing to do the homework and spend time learning the things about that sport. Bottom-up players should not let their ego take a hold of their judgement though, cause if you got a little ballsy and bet on games that you don't know scat about, you're going to most likely lose even if you're the biggest fortune-teller on the planet lol. |
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Could it be you? The article's not getting any sort of reach yeah? And you're wishing to broadcast it? Lol how sad must you feel right now. If you have a withdrawal problem take it up to them, they've been very responsive to all of my issues in the past and present regarding anything that could be considered a problem in the gambling industry, instead of actually going at it and creating two (I must say, BADLY WRITTEN, even for an AI content generator) articles about Stake. Calm your tits, drink your milk, and start talking to people so your issue could be solved. No one's going to reach out to you to have your problem solved served on a silver plate. We're not living in a fairy tale here my friend. |
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I say it's to always have fun but I know there's some hypocrisy behind it. For one, the only way you can ever have fun in the world of gambling is through earning bags, if you lose consistently there will come a point where gambling is no longer fun for you but a way to stress yourself on command. So when I gamble, I always gamble with the notion that I am here to win, not because I want the money but because I want to have fun. I have set contingencies upon myself to ensure that I don't fall off the deep end even if that is the way that I gamble, I also make sure that I don't miss out on deals and discounts on deposits to make sure that I make the most out of my money. Gambling could be fun if you know how to be fun, if you don't, you're going to have a bad time in it even if you're the most controlled person on the planet.
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I let my gambling site do that for me. Most of them have this thing called "accounting portal" anyway where they will tally all your bets and how they went. From wins, to losses. The same could be said for when I bet in sports, I only ever work with sportsbet sites that offer this. Cause collecting wins and losses data is actually important to my gambling strategy (win 3 go home, lose 3 go home as well), so I always have to check if I have reached my threshold already. Plus I don't gamble as often as I did in the past anymore, so it's slowly becoming less of a big deal to me but I still go for it regardless cause why not? It's always better to come prepared than be empty-handed when you actually need it.
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