My dad is 79 yo. He's a retired carpenter but has always been interested in technology, electronics and related stuff. Back in the 90s, when I was just kid, he bought me a computer because he knew that's where the world was headed and we learned to use it together. During the years, I developed my passion in computing and programming and I always taught him to use all the tools needed to be a good user (he even uses things like password managers and multi-factor authentication tools).
Fast forward to early 2020, just before the pandemic, I started to buy BTC and I had always told my dad about this new "digital gold". He was skeptical (he's lived most of his life with FIAT and cash after all) but curious. He thought it was too risky though.
Not sure why, but last week he finally told me he wanted to try it. So we setup his software wallet and he bought 0.01 BTC. Not sure if he'll buy more, but I can certainly say I'm proud of him!
Did you manage to convince your dads or other older people in your family to buy BTC?
You did a good job thou but have you thought of the other side of it? I mean the trauma and dilemma (sell at loss or hold for long time) associated with Bitcoin? Considering his age, I don't think he can be able to control his emotions when the market is in a state of collapse. I don't know the worth of that amount in your country but in my country here that is a little bit huge amount. Being that optimistic isnt really that bad and of course on the time that you had stepped your foot into this market then it is really that impossible for you not to be aware on whats the particular risks. Yes, you could really still able to make yourself that aware about those volatility but once you do gain put up the awareness then you cant really make yourself that be shocked about the circumstances. There are really that people who are really that easily to understand on what they are dealing and specially on the time that someone introduce it to them or really have that self learned. It is really good that you are really that able to convince your dad without having no problems. |
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Most online app stores offer different vouchers which we can claim and use to save and have discounts when we purchase some of our necessities online. However, I don't think it's the wisest method to cut food costs. Cooking our own meal will be more ideal because an avoid service charges and we can also like the ingredients of our choice. We can also avoid service charges and other fees when we order or we eat out. Existence of promos doesn't mean that we have to purchase things online. We should still spend wisely and not be comfortable with promos offered to us when there are actually other alternatives to save.
Even on those known ecommerce sites which do offer some voucher which its expected that it is really just peanuts but considering that it is really still better rather than no having at all. There are people who are really that keen on spending on which even how small the discounter or voucher amounts that they could get but still they would really be minding on acquiring it no matter what. There's nothing wrong with that because we do really need to save as much as we could considering that we are living on a world where inflation and recession and other economic problems do becomes even more worst. |
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Is this just a misunderstanding of what web 3 actually is? Or it's a way to attract people/users to make them think that their platform is more advanced?.
Well, in business, any thing to bring in or win more customers over to the company is always a go and it's welcomed. I am not surprised though, things like this are not new, casinos can claim to be what they aren't just for the sole purpose of attracting customers, and I do not blame them, this is an industry where everyone is trying to stay anonymous but still want to get involved in businesses that does not require customers to be anonymous due to some reasons best known to them. And to keep the business going, they have to make the customer feel that they(the business) is actually what they(the customers) want, so if it takes the casino claiming to be a web 3.0 casinos where as they aren't, it is still a business strategy. Well, if you do not see anything special, as a user, then there is nothing special. The fact that you ask if there is something behind is already a good clue that there is nothing behind. Anyone can claim, 4D effects or Web 3.0 or Crypto-enhanced or, my favourite : "driven by AI". In the end it is about you and your experience and if it does not feel different is not different. In short, you are still the ones who would really be deciding on which you would be deciding whether you would really be that interested or not.Each of us do really likes something or really that we do prefer. If there's something new then its up to someone whether they would really be engaging into that or would pass because there's no something new or not really that interested at all. Companies would be doing their best on making something which would hook up the gambling community.The market is somewhat saturated already and we would really like to see some offerings which hadnt been seen before. |
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This comes from myself, no I mean this can be overcome with the passage of time when we start trading. That's why we must have basic knowledge about trading first before really entering the real world of trading. How can we control our emotions if we have no knowledge of what we are doing. If we have a friend who has the same activity, it is better to learn from them. Because with the experiences they have that are shared with us, it will be very helpful.
Doing something against our emotions or trying to control our emotions is the hardest path to take when trading. That is why if we can learn from someone who is also a long term trader and has already experienced trading in different market conditions, then it would help open our minds that if we trade with emotions, we will only anticipate losing in the long run. That is a clear fact in trading, the more you chase your losses in trading, the most likely you will become an unproductive trader. So always manage your emotions everytime you decide to trade. Not something that someone could easily deal off with but it would really be that challenging or something that cant really be that easy if we do speak about controlling on someones emotion.It would really be taking lots of time and effort and engagement if we do speak about attaining something specially on controlling on someones emotion.On the time that you do able to bare out those situations where it causes out those impulsive reactions and on the time that you are really that good on handling out your emotions then it would really be that an advantage since you could be able to mind up and act accordingly basing up on what you had experienced back in the past. |
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there will always have some sort of inflation
the push pull for sure
but that is dependent on many variables etc, at least it is possible to get rid of one form of\ inflation if the entire market place was based on a money system that had a limited supply
what are your thoughts on what if the majority of the population all of a sudden sold all their fiat and put it into a crypto? like BTC, do u think the system or part of the traditional finance system see some type of impact/disruption?
But I want to ask you one question, who would be willing to sell all their fiat to buy bitcoins? I'm a bitcoin investor but still I wouldn't do that stupid thing. As long as fiat remains the world's primary currency, there's no reason for us to exchange all of our money for bitcoin. Too risky for us and our family. You are right and talking about being realistic then people sometimes do already go into that certain point on which they are really trying out to claim up things which arent really that realistic at all. Its true that fiat would really be staying as long there would be government would really be the top of the chain.We might really be able to see some other options but we know that fiat would still remain. At least we do really have some other options for us to deal with but dont make yourself believe into something which cant really be that possible. Yes, we could really be having the freedom but its better to be having always that realistic approach. |
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but I'm no longer sure about Shiba, I see Shiba Inu as playing with all its holders, besides that I see Shiba Inu as needing investors who have the most wealth like Elon Musk, without any tweets from Elon Musk then this Shiba doesn't mean anything. well, thus in my opinion the shiba inu is not worth holding for a long time
unfortunately it seems Elon Musk isn't gonna shill for any meme coins no more. you see his attempt has become kind of futile nowadays, his recent shill usually just made temporary bullruns but doesn't last for long, it just really different to the times when he was still at early stage of getting into cryptocurrencies where everyone quite literally following elon musk's path of investments that even following every of elon's tweet, gone has the days of considering every elon move as financial decision. now shiba could only depends on its own capabilities and innovation in improving its own ecosystem and value, which it seems shiba inu is doing quite poorly considering the fact that it has been stuck at around this valuation. if any, shiba gonna need to wait until next bullrun that is when meme in general have higher chance of getting the flow of investments that's with a big IF a meme coin trend even exists in the first place. His latest shill was about that Floki Inu memecoin which it did really result into sudden surge or bullish trend on that particular coin but it isnt last long considering now that the hype is already depleting or simply gone which it isnt really that surprising on this case.I do heard off that he's not into meme coins anymore but focusing on AI? If this is the case then i dont see that memecoins would be having those shill anymore from him, but who knows? We dont know on whats up on Elon's mind and this is why its really that unpredictable on whatever he's planning to do. |
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It's because these days, influence and politics inside the industry became a big hurdle before a fight could even have a discussion. Top Rank, DAZN, PBC and even Probellum is not giving any chance for a fight to happen if they are not going to organize it, it might happen though but it will be a long shot and probably, could take much a lot of time rather than discussing directly. Unlike what we have back in the day where entertainment is the priority because these promoters and boxers are nothing if nobody is supporting them.
SO much politics inside and this is the main reason on why there are interesting fights or bouts of certain boxers cant really happen due to this reason on where promoters are the ones who would really be making the final decision whether the fight would be pushing through or not.News could really be that early but assurance that it would happen is never been guaranteed since anytime it could really be postponed or sudden withdrawal or something like that.It isnt something new if we do speak about related to this. If ever a certain fight is already that final or set out date then its good but im not anticipating unless it is really that nearly approaching. |
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Over the time, I've seen people wanting to go into trading because they feel or think is a get rich quick scheme but get so disappointed along the process because the result they get isn't what was expected.
Trading is a very lucrative business but also a very risky business as well and as such should be done with so much caution.
What would be your advice for those wanting to trade as a newbie?
For new traders, it's important to learn the basics of trading through books, online tutorials, and seminars. Don't invest all your savings at once, start small and gradually increase investments. Develop a trading plan based on goals, risk tolerance, and strategy, and stick to it. Utilize demo accounts to practice and test strategies. Manage risk with stop-loss orders and portfolio diversification, avoiding excessive leverage. Remember, trading is not a get-rich-quick scheme and success takes time, effort, and discipline. Learn from mistakes and stay patient. When you do find yourself on trading then you shouldnt really be that confident that you could really be ending up on being profitable just because this is what you do have in mind which is really that very wrong.Sooner or later you would really be that realizing that this is something that very hard to be done and you should really be that conscious on what you are doing because this would really be resulting into lots of errors and mistakes if you arent really that minding that much on how to do it well.This isnt something that could really be easily be bared up by someone. It does takes time and lots of efforts if we do speak about on being successful. |
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Have you take a look at the 2015 chart? I think that's the similar thing rather than the 2019 one. Not that I mind it because in the long term we will see all time high once again, it's just a matter of patience and your tenacity to make it alive in this bear market. Not always optimistic but always ready on both scenarios.
Yes, there are always surprises in investment, so as long as we prepare a plan for two scenarios, we will never panic and fall into a passive position. Cryptocurrency is just a game of patience, as long as whoever can endure it the best, the reward will go to that person. Many people say investing is not easy, but if you know how to wait patiently, it's easier than we think. I agree that cryptocurrencies are a game of patience, but the presence of spot exchanges certainly gives us the opportunity not to be missed if the price skyrocketes, for example after buying and then selling with a profit of 15% or more, as long as we are patient we will be profitable, unfortunately nowadays many people have it easy panicked because he saw FUDs on social media. Depends on your actually since not all would really be just the same when it comes to long term investment approach on which there are people who are really that not that patient when it comes to their investment which means that they would really be tending to deal up with the price in short term manner which means that researching and in depth review is a must. Speaking about 2019 vs 2023 then we dont know if history would repeat or not but whether it would happen or not then always make yourself that versatile for whatever instances or things that you would be facing up. This market is unpredictable and there's no way that you could handle it out easily. |
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Do you think social media is now becoming more a place for business than socializing, Could it be as a result of digitalization and things moving online or more people now starting business online because of need to somehow generate income or another source of income for self to survive the economic situations which is becoming tougher?
You are right and it has become inevitable too. More people are online now so why not take advantage of that by bringing the market/business online on every social media platform. We can see these days how easy it is for people to advertise their businesses on every social media space even when the original information isn't about that business cos it has become much quicker for people to see your business that way and why not make money instead of just socializing on there. When it comes to traffic or users then it would be no surprise that when it comes to your business exposure then this would be the perfect or sweet spot for you to introduce up your business which it would really be just that a common action to be made by someone who does have a business rather than on focusing on places which does have less. It would really be that common sense and you arent that dumb on not to take advantage on any platforms out there which does have lots of users which means that exposure is even more. It might not guaranteed out sales but somewhat chances on getting one isnt really just that too far off. It would really vary on how well you do market out your products and services. |
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We really like to play gambling online , and there are lot of crypto gambling sites out there ,
many times i doubted the provably fair system, that these casinos are cheating me, but what can i do ,
i come across this YouTube video that a biggest gambling site supervisor telling the truth about these sites,
that they analyze our bets and try to make us lose ,
what are your thoughts ,
i know provably system but many times i doubted it, i don't know this person is talking about crypto gambling or not but may be it also applies in crypto gambling.
most of you also may doubted the casino ,
video:https://youtu.be/ABj7peI_R2M
I don't think there is any faithful casino company or site in the internet or online. Some are openly scamming gamblers while some are secretly scamming gamblers. Even the best casino you know online is not faithful to some extent. Your guest or doubt is correct, casinos use different languages to collect money from users or gambling but some are better off compares to others. Not all casinos are bad but the ones that bad are much more and they have spoiled the image of the good ones so it is very difficult to detect a good casino. The KYC is used by many to confused gamblers and siphoned gamblers filund to themselves. This is why its really that important that you should really be considering those funds that you had deposited on a gambling site is completely gone or you would be thinking that its considered 100% lost. So that incase that there would be some problems then you wont really be that much in hurt because you are already anticipating it but somehow when you do win big then it just cant really be avoided for you on not to be that reactive specially if we do speak about some significant amounts on here.This is why its always been that important that you should really know on where you do make yourself getting involved.Its just common sense that you should really be sticking into those current reputable or known ones but just like been said that there would be no guarantee that they wont really be scamming users. |
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Has anyone ever thought of investing in Bitcoin in previous years, but later left out due to negative though that Bitcoin will not have positive value in time to come.
Let share our experience.
As for me I still regret my actions years back, but I still believe that it's never too late.
My regrets are this. 1. Didnt save up Bitcoin for moonbag, wayback im earning bitcoin but i do cash it out or converted to fiat immediately after i had recieved it. 2. Lost up lots of Bitcoin wayback when Hyip/Ponzi scheme sites are flooding in the market Trying to remember or on the time that i have seen or realized this, then it cant really be avoided for you not to regret out because if you have done the opposite then i might be rich now.  |
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They can't get Bitcoin at an ATM but the real cash is inside that machine.
So why would they be disappointed if they already get some cash?
Bitcoin ATM works: before you buy Bitcoin you need cash to deposit so it should have some cash unless all transactions made on that machine are via Debit/credit card.
Was supposed to say the same thing that even if those thieves had failed on getting bitcoin literally but for sure they were after for the cash inside.Although the money they could stole wont really be that as much compared on a typical fiat atm machine but still they do successfully get some amounts despite of failing up on getting those bitcoins which we know that its impossible on getting it. Criminal acts doesnt really care whether its bitcoin or fiat as long they could get something valuable then that what matter the most and its not something new in todays where breaking atm machines turns out to be that not shocking thing anymore. |
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As a newbie in the forum, I have read other articles about Bitcoin, but I still need a good guideline on the crypto world, Bitcoin, and NFTs.
NFT are most into those pixelated shit art images which it had been insanely been priced high or too expensive but when the hype goes down then those nft's did really lose value and to those people who had purchased or hold those collections ending up on huge negative or lose of investment and there's no way on getting those value back.Also in speaking about talking about differences with Bitcoin then it is really that different. Digital currency vs a non-fungible-token then from that alone or speaking with definition then its completely different. NFT hype now is slowly really decreasing or already to the floor and thats why i dont mind much on touching up these things. |
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No doubt the coming time is more futuristic and AI will have more impact over people but the main problem in these art contest comes with people generating AI based arts and just a little manipulation with them while submitting is they can do which is actually not a good idea.The main idea behind these contests is to come up with some of your creative arts hand drawn or digital so we should focus more on it if to make it more fair in manner.
Fairness is just a matter of perspective basically. Some like me consider AI as a tool that aids us in developing different designs which are unique to a certain extent. Some others feel that it's cheating and don't condone their usage. Ultimately, it comes down to the team to decide whether to allow its usage or not. When it comes to digital art then we do have ai generators nowadays which you could really create one without breaking a sweat which means that if they do have that category about digital art then they wont really be that dumb not to know about those probabilities on being used when it comes to the competition but well its up to theirs whether they would disqualified it out or not but pointing out which one is ai generated or not is really that something not that simple nor obvious.Well, its up to theirs on how they would really be doing it but they are that dumb on not to grade out those entries. |
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Honestly if I am one of those victims that have been waiting for my funds to get refunded and then I've received it, without any doubt that I'll spend it like there's no tomorrow so I'll totally sell all of it and if not all, then a large part of it.
Whatever is the reason with the sudden falling of bitcoin's price. Let's appreciate also the reasons why it has been up coming from the lowest that it had after the bull run of 2021 which made bitcoin $16k.
Every time we don't like the movement of the market, we're thinking a lot of things and that's no good for our own cause because it will just create a panic attack if you keep thinking about it.
I think it depends on the victim’s situation. There really isn’t a difference between having funds held by the gox bankruptcy and cold storage. Except the declining amount as a result of lawyers being paid. I imagine a lot of those victims stayed in Bitcoin and probably have other BTC they could sell if they wanted. I’m sure there are a couple whales who will dump but not everybody. If we do look about into those amounts then it is really that lucky that they are really returning victims or users funds in half in btc and half in fiat which i could consider that it did really lessen out the risk on making the market do crash out specially with Bitcoin.Although it wont really be that much in a concern because no matter how hard we do crash there's always a recovery. This is not really that shocking anymore if we do speak about negative news or fundamentals because the market could neither affect it out or not. If ever it crashes then there are lots of people on the community and investors would really be catching out on that bottom. |
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Anyone who is into trading must have had some ugly experiences and also some good memories that either changed their lives or improved their financial status.We all know trading is risky and can cause emotional trauma if not seen and taken in two ways,either positively or negativily,either you win or you lose.It can be good and at the same time can make you sad.
What are those bad and good experiences you've had ever since you started trading?
Buy high Sell low. This is usually happening whenever i do get fomo'ed on which this is always been ending up a disaster and a never forgettable moment and this is where we do really learn up our lessons. Each of us would really be experiencing the same and this is something inevitable, some could be able to handle out and some do easily quit out. Its up to yours whether you would continue for this kind of goal or would easily quit up and find for another venture. |
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Odds are basically predictions. Odds represent probability. So there's really nothing special about AI predictions aside perhaps from the possibility that all the pieces of information fed to it will definitely be made use. Human odds makers could forget or miss a factor or two.
In fact, it is possible that AI's prediction is of lesser accuracy than odds makers' predictions. I am doubting if everything that should be taken into consideration in creating odds could be appreciated by AI. Things like the level of chemistry among players or their comfort playing with each other might not be understood by AI if it hasn't encountered it yet.
I would agree that some oddmakers could miss a thing or two, but not tens of thousands of gamblers, in fact call it over a million people in most bets. And since they all calculate together, when you look at everyone who wagers, eventually every single data is covered, if I miss X but not miss Y, and you miss X but not miss Y, then we together miss nothing. Why does this matter as gamblers? Because we will end up betting accordingly and then oddmakers will change it based on our bets as well, which will be the odds. So all in all, odds are already telling us what we need to know, and no AI could ever do anything better than that ever, not even with all the data we can feed it. Its one of the main reason on why AI cant really be that precisely able to tell and say on whose gonna win on a particular match up or making it use on your sports betting activity. There are several factors which humans is always been that superior considering that making up decisions on specific conditions will really be needing only human intervention. We cant really deny the fact that AI's could really be that useful on particular manners or certain key areas but there are places or things which using it would be not relevant at all. |
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I liked Low spending on celebrations and growing crops at home. The most economical ways to grow your balance as well as save some on junk foods really. These days peeps tend to spend big chunks of money on celebrations. They would care more on decorations and what others will think about it rather than being simple about it and spending more on let’s say donations on those holy days, feeding the hungry kinds stuff. Anyways, even if they don’t do it then they can save amazing amount of money.
Growing crops at home is another trend that is viral. Peeps who love gardening should take up this seriously and learn to do “hydroponic farming”. The cheapest and less space consuming type of farming. One can smoothly do it and also save up there. Great article to learn basics of savings.
I do live on a city but if i do have the opportunity on having or purchasing some agricultural lands then i would definitely be doing that on which i would really be mainly be trying out to grow some rice crops even though it would be still needing to have some expense but eventually you could really that able to sustain up yourself since you could really be able to bag out and save it out. but since the place on where i do live is already that having no space nor having no for sale lands then its impossible for it to be happening. Economic conditions could really put us up on a hard situation on which survival is something that we should really be minding of. |
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Only those who are confident in their ability to handle the risk should invest in bitcoin. Those who think investing in it would be too dangerous should refrain from doing so because it is not a free income platform or get rich fast scheme. Speaking of volatility, I don't believe that will occur; I believe it was better that way when it was designed that way. They are afraid because they don't fully comprehend how it works, which is why I was once also terrified but only because I didn't grasp it at the time.
Some fears do arise because they don't really understand how it works and maybe they don't know Bitcoin that well, so the fear of investing in Bitcoin still exists. Even though those who are still afraid to start investing in Bitcoin can find out for themselves about how it works and also want to get to know Bitcoin in more depth. And those who are able to handle investment risks well will continue to invest in the long term. Even if you do know the basics it wont guarantee out that you wont really that get scared because we are really mainly that focusing that much with our investment which we know that we are really that afraid on seeing our investment in going negative specially on a market decline.This is why the first thing you should consider is having the acceptance on what you are dealing with, you should be aware about the risk involved because volatility could really act as a double blade on which you could make profits and loses money and it would be depending on the market condition. Getting scared is normal but once you do get used to it then it would really be just like an ordinary day in speaking about price movements or swings. |
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