I don't think there is any reason to panic either. That story with 400 million will end with a fizzle I suspect. Stake.com has been in this world for a long time and they really won't be fined for that much money. We have seen fines more often in the past, but those are fines up to a maximum of 400,000 EUR. Players/customers of stake.com do not have to worry and their money is safe in the account at stake.com
I also saw that they had some nice promotions lately.
Cant really be avoided for some people not to panic nor mind about issues on the platform that they've been playing for a long time.I cant say that $400M fine wont really be that affecting Stake financial condition but just been said that it is really a huge money but considering on how long they've been existing into this market then you can say that they might have billions in revenue which it would be an amount which they might able to bare it out if ever this 400m sued amount would be pushed through.For Stake players then i dont think that it would be necessary for them to panic out. |
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I don't blame those that don't accept bitcoin as another type of money. We, humans, are groomed to go for what we believe and trust in. People are only afraid because they don't see, touch, feel or understand how bitcoin come about. It takes a whole conviction to understand how bitcoin runs
For those people who do get used to into those traditional ways then it wont be surprising and since people are different when it comes to mindset which there are some who do welcome new innovation and some who doesnt then it wont really be surprising that there would be different impressions and conclusions which people could tell against or go along with Bitcoin.Investing on something which cant be hold off is something that some people wont prefer nor even believed but just let them be because as the time comes that they would really be getting sufficient knowledge and awareness then this is where impressions do start to change up. |
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The problem is that not many people know how to get money to follow them instead of following where the money goes. They are busy making money without knowing how to make it work. But rich people know how and don't go into detail about it. This is where people are required to think creatively and be active in finding ways that can work for them because each person has their own way of making money. There are many problems that they have to face and it depends on how that person can solve them so they can start making money.
This is not entirely the fault of people, one thing that I have noticed long time ago is that despite the fact that people are going to spend most of their time working hard to obtain money so they can pay their way of living this is not something that you learn at school and it's something that you have to learn on your own, and as we know a great deal of people unless they are forced to are not going to take some time every day to learn how to manage their finances. It's what we call 'drive'. Well unlike with the old era wherein hunting is the main source of living, nowadays is money. That's how important these pieces of paper are, without it you'd be life would be inconvenient and uneasy. But no matter how we look at it, it is not really money which motivates individual, it is living which pushes all of us to do so and money happened to be the medium for that goal. One could work hard or smart; the aim is to earn. As time passes by, various ways of generating money, is being introduced to us, and one good example is this industry. All of us does wish to live a comfortable life without having any problems on purchasing on buying food and other needs but since humans cant really be just that having contentment then this is where we do strive even more for getting more money which is not really something that surprising and even myself do really make money as a motivator for me to work hard and smart just to accumulate as much as we can. We know that its been part of our lives even though some people say that it is the root of evil but eventually this could really be just fine if you do know on how to set limits. |
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Lots had been anticipating that this would really be an easy park walk by Inoue on this fight but we are really just underestimating too much on Butler.Preparations would be surely made and Butler is fully aware
as much as we do that he would really be fighting against a tough and powerful wall considering that we arent that blind on what history does Inoue has when it comes into its previous fights.
Some do even conclude that it would only last up only 2 rounds which is something that on the real side but we dont know on how this would be ending up.
It all matters on preparation and on how these fighters would be trying out to knockdown their opponent.
Inoue surely has the edge on this match, but we can't guarantee what will happen inside the ring. This is boxing, anything can happen inside the ring and upset is always part of this sports. Though I am leaning on Inoue's side, but still, we can't disregard Butler's preparation. But more than likely, this fight will be interesting to watch. I hope Butler will give a toe-to-toe fight on Inoue. Im not really that expecting for a toe-to-toe fight but who knows right? It is true that it would really be depending on the preparation that had been made and its true that upsets do really happen not only on boxing but in all sports.Lots had been anticipating for Inoue to win on this one but nothing is assured as long the opponent is standing up then there's always a time for some nasty comeback or turn of events. It cant really just be avoided that people do judge out directly basing up on papers but i cant blame them considering that Inoue is truly a monster. |
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Sometimes we see When the BTC High then Alts move slightly. So, what's the correlation of Alts with BTC?
When bitcoin pumps, alts dump. When bitcoin dumps, alts dump. When bitcoin goes sideways, alts pump. Alts only pump while bitcoin pumps during a bullrun. You can either just hold BTC or buy some POS cryptos like NEAR, ICP, CNDL and stake them until you have enough money to retire. Really hard to stick out with some patterns because it cant really be just happening most of the time where pumps could neither be going along or would be totally goes opposite.It does vary on certain conditions but if we do look back into the past movements then you could really say that it would really be that totally in random.Altcoins could neither go up doesnt basing on BItcoin trend but we cant really just able to avoid or make out conclusions that whenever bitcoin is on a dumping state then most of coins been dragged on eventually or most of the time which is something that you should really anticipate or expect when this happens. |
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is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
this is one of most safe and steady way grow portfolio for the Newbies as you can say that this type of the spot trading is a long term investment if you make an investment in such a trade in bear trend then after the start of Bull trend you can clearly see a visible profit in XX as 2x to 5x easy in BTC and 5x to 10x in alts be careful as its spot you might need to wait for a whole year for such profits as we cant estimated the cycle length. The first thing you need to know is don't mix investment and trading since both of them are completely different. There's no such do spot trading by doing long term investment, long term investment is holding on your own non custodial wallet, not hold on your centralized exchanges (spot trading). Holding Bitcoin for long term would make you earn huge money, but holding shitcoins for long term either make you become rich or rekt. It's really risky and not recommended to hold shitcoins. So it do particularly means that it would really be depending on someones risk taking or management since we do really differ on that particular manner and this is why it would result into different outcomes too. Buying low and Selling high might not that sounds simple but when you are on the actual situation then it would be an another story and this is the main reason on why people do ending up on holding just because they cant able to bare up the risk or volatility.Speaking about non or custodial wallets then it would be just needing up some common sense for you to identify out on whats their main difference. Basing up with security then its obvious that storing up our coins on wallets which we do possess the keys is always been suggestable. |
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The fan of his would also acknowledge that possible lucky punch despite all of those percentages of winning that has been shown.
Not a disrespect but this could be taken by him as a challenge and prove everyone that he's got what it takes to beat the champ. Well, that could just be his mindset upon looking at these odds and percentage that's shown to the public by many speculators.
Most likely that will be Paul Butler's motivation here, because he is a huge underdog so his mindset should shift gear and focus that he can do it, be positive against the Monster. So in the first couple of rounds we will see if he can stay with Inoue and that motivation and his big heart of him will be enough to counter the power of Naoya and survived the distance. But I doubt it because Inoue is truly an amazing fighter and complete and still improving every fight. Yeah, exactly. Too many things to consider by Butler and look at it as a challenge and motivation that he should throw some great punches that will prove that the fans are wrong and he's that great. But still, we'll see it then if he's going to be that one great puncher against Inoue which we know that he can really win on this match even it's not yet started. Lots had been anticipating that this would really be an easy park walk by Inoue on this fight but we are really just underestimating too much on Butler.Preparations would be surely made and Butler is fully aware as much as we do that he would really be fighting against a tough and powerful wall considering that we arent that blind on what history does Inoue has when it comes into its previous fights. Some do even conclude that it would only last up only 2 rounds which is something that on the real side but we dont know on how this would be ending up. It all matters on preparation and on how these fighters would be trying out to knockdown their opponent. |
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If an invisible Elites decides to buy $24 billion dollars worth of Bitcoin and Bitcoin price rise to $30 k or $40 k , how many people do you think will buy more Bitcoin? Or how many people will sell to cash quick thinking in 6 months times Bitcoin price will fall bellow $10k ?
No one really knows on how many would be doing shorts if ever the price would be hitting up 30-40k price then it would be a personal choice whether you would sell and secure out 2x profits or would decide to held up for longer duration since you are into holding but its up to someone personal choice since we do have different decisions when it comes to this manner. On my case i had able to accumulate bitcoin on 19k price and im still holding and waiting up for some significant rise or even if it would raise up to 24-25k then i would definitely sell out. Make short buys and short sells would be entirely be relevant if you are really that impatient for holding long. |
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Bitcoin is Dead? Better read this up https://99bitcoins.com/bitcoin-obituaries/Bitcoin has died 461 timesBut look at on where we now? It do still stood strong despite of different market conditions and situations. Lots had made out some negative sentiment but still we do able to hold out. Feel sorry for those who had panic sell and good for those who accumulate cheap. It does depend on how you do treat up and decide of these things. |
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Overall, it's still possible to withdraw your winnings from some crypto gambling sites without providing KYC.
True but I think the trend of Casino will be KYC implementation so it would be just a matter of time before those non-KYC Casinos start requiring their player to submit documents for KYC. We have to be more ready for this, it is still good for a level 1 KYC with Roobet, but if they will start to ask for some proof or documents, that could be alarming and for sure many will not comply. Well, let’s just hope that they will make an announcement first before they implement this kind of changes, because for sure many are still not ok with KYC, and they will leave right away if the site started to require this. On the time that they would be asking for some documents for the verification then this is where their revenue would took a bad hit considering that majority of players or even loyal ones would be staying away from Roobet and since there are lots of options that we do have in the market then there's no doubt that they would really be jumping off into another place.Lets hope that they wont really be going into that point which would surely be not a good sight for all people here on crypto space or on this forum itself. |
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When I login to my trading App (Exchange), I do see an option for future trade and when try to give it a try, I will see a notification reading "Future trade can be very risky".
Is it advisable as a new trader to engage in future trade?
The term I want to highlight is word new trader. My advice is yes and No. Yes, it you are at least 50% confident in yourself. However wisdom demands that you do not jump right into it. You can start out first using simulators for a couple of months. Watch how much profit you make and how much loss you incur. Once you feel you are getting the hang of it then you can do the real deal. Start out first will small amounts before going big. And No, if you feel you do it because you see other traders doing it and making it big. And you think it will be the shortest cut to massive profits. When you are just new not only into trading but on everything then it would really be just common sense that you wont be touching up those area which does require more intermediate-advanced skills which it would be that common sense that you would really be that skipping on that and stick with the basics or the most simplest concept or ways on touching up trading.If your curiosity level is that high or that impulsive then go ahead and try but dont blame out someone whenever you had just simply blown up your capital on a short time.Futures trading is something that can someone will easily able to bare or handle out. |
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I want to add one more important factor in financial planning. That is to know the risk factor of anything that regards investment. Risk management is also another important thing in financial planning because it enables us to avoid unnecessary investments that may eat up our financial funds. With that, we must also understand how to make use of risk management, calculate risk factors and how to apply it in different instances.
Its a must but we do have that kind of mindset on which we should diversify as much as we could since we know that it could really give out opportunity or chance to earn more out of those investment which we would be mainly thinking that we should make out investment as long our funds or budget or allocation does permits on this one.Although it does signify risk which is something a default thing when you are making investment.Everything does have its risk and you wouldnt really progress out if you wouldnt really taking up some risk which is something that we do really need and this is where planning would be that relevant. |
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I planned to buy some altcoins now that we are in a bear market but someone I knew is telling me not to, that its possible more dumps will take place, my question is how will I know when it's the right time to buy coins?
The best time to buy Bitcoin is still a big secret for new traders or investors. According to studies conducted by investment experts, the best time to buy bitcoins never appears in official documentation. This is because the crypto asset sector has fluctuating price dynamics. I think it's because it would be our personal prerogative whether to buy or sell since we have different target profits. As for me, the best time to buy is during the bearish season. Better grab the opportunity to buy why it lasts that lose the chance. It will be smarter to take advantage of every market situation than rely on anyone's decision. People should be starting or accumulating whenever there's a bear season and not on buying when the market is already making out some reversal or changed trend.This is usually the thing that do happen on which they do only consider on buying out when the market is already fomoing which is something that you had done earlier to make some utilization of the cheap price which is something that you cant often see. You should be active on looking for those kind of opportunities but its true that we do have different targets or goals in our investment and act accordingly which you do seem for it to be worth or something that do in line with your analysis. |
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Well, it's a unification fight, so they are staking their belts for this fight, Inoue will lose his belts if Butler will succeed here, but to be honest, I don't see it happening, the chance is very slow.
This fight is just considered a formality for Naoya Inoue to become the Bantamweight King. No hate towards Paul Butler but we are just being true here. There's no upset that will happen here. Paul Butler didn't even experience being a choice to be Inoue's next opponent. It just happened that he steal the WBO Bantamweight Title without a hard effort that's why Naoya Inoue needs to face him no matter what to finally unified all the BantamWeight titles. Yes, regardless of who Inoue is going to face, he will have the 4 belts under his waist. Much better though if it will be the Filipino Casimero because there is more hype on it, the result might be the same. Again, no offense to Paul and his camp, but I'm imagining that this fight might end in one body shot that Butler can't recover. There have been a lot of Inoue's victim fall for it. So if Butler has weak body, for sure one touch and he will go down and might not beat the count. We are just too conclusive on the fight that Butler wont last long but to consider that they are aware on who would be fighting then for sure preparations would be done. About Casimero then lets just moved on on this one yet there were lots of issues and talks in regarding with that guy but still failed on following organization rules and there are some health issues and stuffs and so on. If the time comes that they would be heading face to face then so be it but not for now.Lets just see on how Butler would be facing Inoue and not falling down easily. |
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^^ For now that we can say that there is an effect, but not that huge as expected by others. Some of them even predicts a $13k or even $10k price, but so far, we are still just above $20k.
Will still have a lingering effect at least at the end of the year? maybe, but at least we have weathered the storm and it is not that worse. Still though, we are in the bear market so anything negative can really affect the price.
Is it already pertaining on Mt.Gox coins? How about other market sentiments or totally just having those random normal days where price could really just go down without any reasons. We cant really avoid not to think that this Mt.Gox coins are really giving out that kind of effect considering on how many coins been involved and creditors plans on selling their coins then it cant really be avoided not to make out that impression which those coins would be sold afterwards. Price now is playing in between 20k level neither below or lower but it do still get a good hold. |
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From year to year, it is clear that the impact is quite significant, especially during the Covid period, which clearly worsens the situation.
I feel something like this from 2 years ago, the price is increasing more and more and the last time I see the impact of that fuel prices in my country are rising again and this is definitely one of the real impacts that I feel.
Foodstuffs are also clearly one of the things that are felt, some time ago there were even some food prices whose prices rose up to 4 times the previous price because these goods were so scarce because they could not be obtained because their exports were disrupted due to inflation that hit .
We are all been affected with inflation and there's no avoidance of it and that what really makes this situation do really gets worst as years passing but we cant really that to do something with this but rather finding up other ways for you to earn so that you would able to sustain up yourself somehow into this certain condition because if you do stick out with your daily job income or salary then you would definitely be fucking up yourself gradually which might lead even on having some loans and borrowed money just because your earning isnt really just enough on your daily living.This is why we should be wise on taking up decisions. |
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1% guideline is only for those who earn a billionaire's income/month. I gamble almost 15% of my monthly income, if only 1% how is it possible for me to start gambling. For me personally playing small also requires a large enough capital to be able to play again, besides that I gamble in almost every game slots dice sportsbooks etc. Trying my luck but not always lucky ,and if already won I personally always want to play, as a result my amount of win returns to the casino cashier again  . But for those who gamble on only one game like a sportsbook, possibility that's a guide is perfect. It is indeed for billionaires or millionaires but we do really believe that they wouldnt really be just spending 1% of their monthly income whenever they do tend to gambling.It is really that very common that majority of gamblers will really be that spending their winnings back to the casino whenever they do make out some winning and hoping for more which is really a behavior.You would be spending 10% on your monthly income but just been said by others that it would really be just too small if you are really that tending to spend 1% which is too small.You cant really be just satisfied with that amount honestly and for sure that everyone would be agreeing on this one. |
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If bitcoin is presently at $21000 by now, they should know that the market is healthy, that they should not sell in loss. If they hold bitcoin, all-time-high is coming, I am predicting the next bitcoin all-time-high to reach over $100k.
I think you are right. People who holds, they are the winners. No doubt about that. But the whales are waiting for the dippest dip to fill their bags. Only then we can see an ATH over 100k There is no doubt that if they can wait and hold their bitcoins until the price goes up high and sell them at that point, they are the winners. But if they don't sell it when the price is high, maybe they can't be said to be the winner because their bitcoin will still be bitcoin and they don't know when they will sell it. But each person has their decision and it's up to them when to sell their bitcoins. The price of bitcoin can go up high and reach more than $100k in the future so it's better to keep your bitcoins and wait for the right moment to sell them. Doesnt matter if its big or small profits as long it would be green then it would be still a profit although it do only differ on scale but thats what it counts and this is where people do really make out other actions which would really be different to each other.Some does really love to play safe and some do really love to put up some risk.Losses is normal and this is why we are doing out best to lessen it out. The important thing on here is that you should really be wise on every decisions that you would make even though it wont be that precise but at least you do know on what you are doing. |
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Good advice about health. Many don't seem to care for their own health because all they're focused on is money-making plans and financial matters. I remember Steve Jobs about this advice of yours. We all knew who the guy was and what were his achievements but from what I've read his tips are all about taking care of ourselves. It is one of the regrets he has before passing away and we can all see that others still don't take caution about it. It's a lowkey thing for most but you can't enjoy your wealth, trading profits, and being financially free if your health is deteriorating.
Even myself do really make out that realization about putting health on priority because money would really be that useless or would really be gone on an instant or short span of time whenever you do have illness. Balance up everything because if you do keep some focus on one side which is to make money then most of the time you would be neglecting your own health which it isnt really that a good idea. Who doesnt really like or want to have a good financial status? yes we all do but we should bare up mind about balancing on things so that you wont really be having any problems. |
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Children quickly absorb the material taught to them, and if they are interested, they try it out for themselves. How many times have children been told about the dangers of marijuana or beer and how many times have they tested the stuff afterwards? The same might be true if you talk about the dangers of casinos, while showing bright attractive pictures of slots or gambling sites. As the saying goes - forbidden fruit is sweet.
When curiosity does really come out on which most young people do have high level of this one which would end up on being testing out with those things that had been prohibited.It all matters with someone's will whether they would really be engaging for the sake of testing out real experience or they would totally avoid it because there are people been saying about the dangers and risk of it. Im not saying that this is something not really that effective but its better to make out prohibitions but not on the sense that they would be focusing too much on it but rather sharing up information about it and then move on. |
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