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1  Economy / Gambling / Re: What are your expectations for Casino coins in this coming bull run? on: Today at 01:28:56 PM
I don't think they're ever going to get with the hype though, I haven't heard of them pumping up in prices on the previous bull runs so I'm not sure what to feel about these casino coins, I'm not invested or interested in them in any way so I'm not sure what to feel about them, maybe I just want to be happy for the investors of those coins and hope that they can get some profit hodling those coins, I guess that's it, that's what I feel about those casino coins.

Nothing will really change especially if they don't do anything that can generate a hype for their project so provably there's nothing will gonna happen on those casino coins since they are not the same with other top altcoins which automatically there's a lot of people will accumulate since they think that great things will happen to those trusted altcoins if bitcoin price pump or if a bull run will occur. For now the last casino token I grab is BFG but I already dump it since I don't get much on it and just got disappointed the way how that token perform. So maybe will rest to grab some casino coins this year and maybe I would think about accumulating it once there's another new project that shows some great potential just like what RLB did.
2  Economy / Trading Discussion / Re: I have witnessed it's real to earn daily with futures trading on: Today at 12:18:46 PM
As someone that has played with Crypto trading via perpetual futures, I can say for certain that there is money to be made and people are making it but it is not as easy as your friend has made it seem. If you jump into trading based off those tiny details your friend told you that you outlined in OP, then it won't cut it. Trading is a skill to be learnt as you can't just throw a few indicators on the chart, cross your fingers and hope it ends in a TP for you. Regarding your friend's experience, not to shade him or anything but for someone with 15 years of experience, I expect his size to be of bigger magnitude, no?
Well, only your friend knows OP if he is fabricating his own words or he is actually telling his true experience with futures trading. But what I can say is that there’s always chance to lose in futures than to expect consistent profits. Because even if you are a futures trader for 15 years, if it’s really true, still that won’t stop you from making some losses as well. Futures trading is highly risky most especially for those who aren’t having good experiences in trading, so don’t easily believe when someone say futures trading is the key to successful daily earning.

Expect for something bloat up story since for sure some people will create stories just to brag their achievement on trading so they will look good to a those people who's listening on their statement. People need to know that its hard to earn on futures trading even if you are good trader since there are times that you will really commit a mistake. Lots of stories discuss about those supposed to be skilled traders who lost their money on a single mistake. That's why we should learn from those lesson and if we really want to earn daily income from it then we should start to figure out what is our target on our trades. Also we should develop our attitude to have good patience and also have good decision making since being greedy is our main enemy here and we could able to lose a lot of money if we expect a lot for wanting to earn a lot of profits.
3  Other / Beginners & Help / Re: Dips are temporary but Bitcoin is forever. on: Today at 10:14:08 AM
There is no better way to put this out here, DIPs are an integral part of Bitcoin that's a function of its volatility that should be embraced in a good way. It's just a temporary correction that gives intending holders the ability to buying Bitcoin at a much cheaper rate. The fact that it is caused by factors like market sentiment, regulatory uncertainty, macroeconomics indicators, speculations etc goes to show to a very large extent that it's just a temporary thing while Bitcoin in itself stays forever even after those correction.

Buy Bitcoin before the DIP, buy during the DIP, and buy after the DIP. Bitcoins isn't going anywhere anytime soon but most DIPs will be long gone and long gone for good. There are so many DIP price you can't buy Bitcoin at but you will always have those Bitcoin you bought during the DIP at an higher worth in the future, cease every opportunity of buying during the DIP, buy as much as you can at the moment cause DIPs are temporary but Bitcoin stays forever.
everything have it measure and the buying bitcoin when the price is low is good and it always be profitable to investors so what I'm trying to say is that we need to understand the system of Bitcoin investment before we go into it so many persons who does not understand it is people that panic 1 bitcoin is taking a correction so and it's not today the thing I've started it has started a long time ago so bitcoin investment is something that you will invest and remove your mind

People just need to understand that dip is normal for bitcoin and there's nothing to get afraid for something like situation will exist. But instead people should know that once this condition occur then its time for them to monitor the market and do good decisions.

But sometimes there are people get easily panic when seeing that and hope they could able to realize that its wrong to get afraid on that situation but rather they should think about more proper ways on how to deal with those condition and convert those negative market movement into profitable condition if they do the right approach towards this coin. For sure once they experience a lot of things on their bitcoin investment for sure those skeptical people would provably understand what we are trying to say in this thread.
4  Economy / Gambling / Re: ✨ BITCASINO - Elevate Your Gameplay 💎 #1 VIP Crypto Casino ✈️ on: Today at 08:42:29 AM
Bitcasino feedback contest result has been posted already did you win guys?

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Hopefully there's one of forum members here which is active joining on Bitcasino promotions have win this round. For us not lucky again we better try our luck next time. And will wait for another round and what contest they would launch again.

If someone win here congrats guys.
5  Economy / Speculation / Re: Now is the best time to buy the dip and HODL on: May 10, 2024, 01:20:08 PM
Btc price has dip below 60k, and most investors who may be wondering when best to buy the dip I think now is the time to buy the dip. it may not dip below this anymore. I know it fell to $56k but I urge people to buy more now before it rise again.

What if it gets dipper than this in some weeks or months time? The truth is that, you can never be so sure of the dip, so you need to employ the DCA method in order not to lose in some opportunities like this. No one knows how dip the market can be but we all hope to buy more at the dips in order to have more savings in our portfolios. The market have dip several times and we have also wanted the market to dip than this but the truth of the matter is that, no one can tell when it will experience the dip again after an opportunity has passed by.

Well you should not worry about the dip if your plan is to hodl since whatever price came up then its the best time for you to buy again. Other people think that they do a bad decision for not waiting for some few hour or days that's why they fail since this people got discourage for seeing that there's more dump happen and they lose a value for their bitcoins bought. They need to remember that if there plan is for long term then there's nothing to worry on those situation. Since they can accumulate more so they can increase their investment and hopefully in future the price pump they could able to earn a lot of money especially if bitcoin will hit another bull run season and we can see a great price achieve especially if the price would able to reach at six digits in figures.
6  Economy / Gambling discussion / Re: Is it proper for younger ones to gamble? on: May 10, 2024, 11:50:02 AM
Because nowadays the younger ones take gambling more seriously then school. Yesterday i got back home early so I decided to step out and go to a betting shop to catch some fun while gambling, I saw two teenagers gambling with their school uniforms on them.

I asked someone besides me why did they allow this boy's to come in with their uniforms and gamble, he said did they put any restrictions that younger ones are not allowed to gamble. I said but it's not normal, I replied him what if this are your kids would you be happy seeing them gambling with their uniforms on them. So what do you guys think about this situation at hand now.
There is nothing to ask about this, kids gambling in a betting shop isn't normal and anyone knows it. I don't know what the rules and regulations are in your country regarding this, but I don't think anyone below the age of 18 should be allowed anywhere near a casino. I used to think that online casinos are not doing very well because they are easily accessible by children, but if physical casinos are like that then I don't think we can question online ones.

Government and local authorities shouldn't allow this, and even if they do, the shop owner should have some ethics and shouldn't allow children to gamble only to get a few bucks extra as revenue. Even if gambling is legal in the country, this is wrong to another level, if no one stops kids from doing this, their parents need to be responsible at least.

Its not normal sight to see since there must be something illegal happening if we can see those young individuals going to those betting shops and they can able to bet just like what other people on legal age do.
They should not supposed to go there since they are prone for a lot of risk since young guys don't have proper decision making and that could affect them so bad especially if they go addicted or commit a mistake then lost a lot of money with that.

That's why I agree on what government is imposing and became strict on the casino regarding on this issue since if it happens that the law is not so tight for those kids then everything will be in huge troubles since we can see a lot of children will get off the good track.
7  Economy / Economics / Re: The collapse of central banks...Inevitable? on: May 10, 2024, 09:08:30 AM
The collapse of central banks...Inevitable? For Now, I don't this gonna possible I mean one country owns its own fiat and they believe in their currency. Just take a look at the Zimbabwe fiat it has lot of zero like million in a hand but the currency still active there and it happens on every high inflation country they still believe with their own fiat.

do you think Bitcoin will become the currency of the world? Dunno maybe yes maybe no but there is already a country that adopts Bitcoin as their currency and CBDC or central bank digital currency is being analyzed all over the world even in US Europe and Asia 



Don't also see if its possible to happen since first they are holding strong power towards economic changes in the world  and they can eliminate thru law and by the help of the government whatever things that compete or what they see a threat on their organization. That's why sometimes I really like what current situation have since we have freedom to use it and government just think about that this is an alternative rather than a competitor. Also if fiat will fail in certain country the government will resort to find another strong currency and what common things used by them is USD since they think this is their safe haven and they can use it anywhere they like.

I think its still far to happen that Bitcoin will became the main currency in the world since there's a lot of debate will happen and to many legal battles it need to go thru before this will pass and became legal to happen. They introduce CBDC so maybe this maybe got the higher chances to be used by government and for sure bitcoin will be less in their priorities.
8  Economy / Gambling discussion / Re: Attempting to turn 0.05 BTC into 1.7 BTC on: May 10, 2024, 07:48:26 AM
You're betting too high already OP, I feel like you can probably do some brakes on the amount that you're putting in, 0.025 is such a big loss so I don't know how you can continue doing that kind of bets in the future, you also probably don't want to be relying on these bets to pay for your medical school, that 0.05 could probably fund you here in the first year of your medical school, maybe even have more pocket money because that's already a lot of money. Is the 1.7 btc for the whole time you're going to be in the medical school? If you can get to 0.05, you can probably do it again until you get to that instead of just gambling it all away.
One year costs over $30,000 here. So 0.05 BTC is not enough for even one semester. Sad
I understand you but Irrespective of how much it costs, gambling your way there isn’t a good plan. It’s too much risk to take because you can end up with losing the money you’d have used to solve other problems, yet not going to the medical school.
At least, gambling is not a solution to make money, especially if he use much money. It seems he wants to make quick money from gambling but it's difficult to wins on gambling. He must realizes about the risks so he doesn't have to takes a high risk to bet on that amount. He can reduce his bet and slowly to wins and who knows, he can wins with his knowledge. Playing gambling doesn't mean you can make money with fast but you can lose your money with fast so you must thinks more to use gambling to make money. How about works as part time? I guess that can gives him salary and he can used it to invest in Bitcoin while waiting for the price increases. But if he still wants to try, we can wish he success to make more wins and much money so he can pay his study.

Some people failed to manage well their expectation and they think there's some easy methods they could able to do to earn fast cash. But majority of those people will realize once they experience the hardship on actual since they realize how hard to earn something especially on gambling especially if they are so aggressive to earn because they want to multiply their money as fast as they can since they use their winnings for their school fees or anything they are using it on.

Much better for OP to pack up since he is already in negative situation and just what you have said much better if he just seek a part time job since this is more realistic way on how he can sustain his education. For sure OP or lots of people learn from this and its so bad to see this happen for some individual who have wrong expectation from what he do that's why it ends up negative on their side.
9  Alternate cryptocurrencies / Altcoin Discussion / Re: what things can do if i hodle for long time crypto on: May 09, 2024, 02:09:06 PM

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

please update what things you do

Learning all how the process work for sure you can learn a lot of information by searching those information you want to learn.

Try to learn from this articles.

https://www.investopedia.com/terms/h/hodl.asp

https://wundertrading.com/journal/en/learn/article/hodl-cryptocurrency-strategy

https://www.linkedin.com/pulse/5-tips-holding-bitcoin-long-term-alex-mejias

https://academy.yellowcard.io/topics/how-to-hodl-crypto-safely-and-still-make-profit/

This are helpful article and to make all of this work it need good determination since if you are just thinking about doing that since you are interested to gain a lot of money without thinking the risk for doing such thing then maybe you might just come up their to lose your money. So to avoid that learn by reading and applying those methods you learn into your activities since for sure there would be a lot of possible to get in future if surpass hard challenge and learn a lot of things about crypto.
10  Other / Beginners & Help / Re: Newbies...don't feel attacked by high rank members on: May 09, 2024, 11:23:25 AM
Newbies should stop feeling attacked  by anyone when they are been corrected on mistakes that they make here, or when they create some kind of thread for merit sake, which some members believed that it is to farm merits. As a newbie, it is a norm that you guys will have no knowledge or little knowledge on bitcoin and the forum, and that is why when you come up with a thread or comment, high rank members will correct you.

Let the newbies not see this as a problem to them in order for them to learn on a free mind and grow gradually just as other members put their efforts and time to learn and grow in the forum. This forum is a place to learn a lot and there are experts in various boards here, so correcting you is not bad but to make sure that you don't spread wrong information that can mislead others here or even outside the forum. Almost everyone here in the forum with high ranks have been corrected when they were newbies too.

Newbies are not only being corrected but they are also being encouraged and being praised. This is why newbies need to take their time to learn by reading here and making researches to improve their knowledge in order for them to come up with quality contributions.

Hopefully there are many beginners who will read this and they will try to understand after absorbing what you say, because I have also come across beginners who complain about things like that and feel that they are being attacked by some people who already have high ranks. Even though the members who already have high ranks only try to provide the best thoughts they have experienced before to all beginners, even though those who receive the advice still think differently so there can be mistakes in understanding it.

There are times that newbies start to doubt about their selves if they are still relevant since they experience to get corrected by seniors of this forum and start to lost interest because they don't want to experience the same situation happened to them. But if they act like that for sure there will no improvement will happen on their side and instead to mock on those people trying to correct them then much better if they start to figure out on where they commit a mistake and correct it. Since self improvement is important so they can develop good attitude and if they surrender early without trying to improve then provably they remain on where they are and for sure they regret in future about not taking good actions while there still a chance to do it or correct something so they can improve.
11  Economy / Gambling / Re: ✨ BITCASINO - Elevate Your Gameplay 💎 #1 VIP Crypto Casino ✈️ on: May 09, 2024, 10:06:51 AM
Bitcasino post this conferences on X.

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It means they will attend on those conferences? Since this will be a big thing on their marketing since imagine they go on global stages to introduce their casino and gather a lot more people to gamble on their casino. I didn't see any crypto casino did this since so far, if the case that Bitcasino will attend on those conferences maybe they are the first casino will attend on this big event if I'm not wrong in my opinion here. Lets see if there's answer since for sure there will be more big things to happen if they participate.
12  Economy / Gambling discussion / Re: Devin Haney vs Ryan Garcia on April 20 on: May 09, 2024, 07:26:49 AM
Both A and B samples come from one container which is divided by an official conducting the testing. It’s practically impossible for one sample to be clean and another one dirty. This is why Ryan is trying to get ahead of this by claiming that the failed test is due to contaminated supplements. I don’t know whether he will be exonerated but he is already busy trying to hype up a fight with Errol Spence.
Can't Haney just let it go though? I feel like he's being a sore loser trying to cling to hope that Garcia is really using PED to fight him, can't he just accept the curse of Prime? I'm just kidding. But in all seriousness though, I feel like this investigation won't lead to nowhere, the drugs if there's really something in the system, would've been out because it's been so long. For me, the only way to resolve this is a rematch, but this one there should be an independent committee overseeing both boxers, that way there's no possiblity of cheating or PED.

Nope he's trying to regain back his record no matter what happen. He doesn't care about what people say since what's more important for him is to have a reason on why he got defeated by Ryan Garcia on that match. People already know how he's badly beaten by Garcia and almost he can't do anything on that match. Its big shame he's been knock down for so many times that's why he's trying to regain his self for that reason so he can came clean. Rematch is really the best solution on this since it can eliminate the doubts of people who's doubting about the result. But I guess Haney don't want this to happen since he's already afraid to Garcia since he know he has no match if they fight for second time again.
13  Bitcoin / Bitcoin Discussion / Re: FED action against bitcoin & crypto on: May 08, 2024, 10:35:04 PM
Apr. 24: Samourai Wallet Founders Arrested and Charged With Money Laundering
Privacy wallet devs arrested for... Developing a privacy wallet. One was unfortunate enough to be arrested in the U.S. and the other will be facing an extradition battle.

Apr. 30: Binance founder Changpeng Zhao sentenced to 4 months in prison after plea deal
CZ Got sentenced to a jail sentence in spite of him having made a very extensive plea deal with the feds only to avoid jail. He had even given up his role as CEO. CZ had willingly come to the U.S. to stand trial and he still didn't manage to avoid a sentence even though he fully cooperated. Albeit a small sentence it goes to show how ferocious feds can be.

May 1: DOJ charges ‘Bitcoin Jesus’ with $48 million tax fraud, seeks extradition
Early bitcoin supporter and investor Roger Ver, who had rescinded his U.S. citizenship and was traveling on a Saint Kitts passport he had bought, was recently arrested abroad. Now the feds are seeking his extradition.  

May 2: Wasabi Bitcoin privacy mixing service to shut down starting June 1, zkSNACKs cites legal certainty concerns
Another prominent privacy wallet shut down its privacy component proactively in light of developments from the U.S. pursuing action against privacy wallet developers.

They have always been against it  because they consider it as a threat to the present financial systems of the countries.While developers are increasing the bitcoin Software network,bitcoin is controlled by us all,and it'll take a very long time and efforts to transform whatever it is that bitcoin delivers to us.

This whole actions determines that bitcoin is a decentralized and the expected attempt to change or terminate it wouldn't be available or coming easily.

Aside from being a financial threat they don't really like the idea of being anonymous and those officials doesn't want people to have that option since its hard for them to track certain activities happening in online space and they don't want that money laundering will be rampant by the help of those platforms or coins that help some transaction not to be track by feds. That's why they do this massive campaign which is to eliminate those platforms and they are successful to drop down each of those famous mixers and other platform which running into same like model. Government make it look like decentralized since they find ways to control it and they use their power to make those things happen.
14  Economy / Speculation / Re: Buy the DIP, and HODL! on: May 08, 2024, 12:48:19 PM

No matter the size of your income, you can make provisions for, emergency funds, reserve and float. All you have to do is just assign a certain percentage to all of the funds you are to keep aside, you can say emergency funds will get 5% of your monthly income, 10% will go to  reserve funds, 20% investment and so on. If you can be able to put everything in percentage it will be a bit easier for you. Immediately your salary comes in you will know before hand how much you are putting in each funds account. You can't say your salary is too small and neglect to make provisions for any of the funds which you are expected to set aside, if you do it your investment will be tempared with on the long run. No matter the range of your salary, please always make provisions for emergency funds, reserve and float. It will save you lots of troubles in the future.


This is exactly how I do it, I have a % allocation of my disposable income that gets split up into the different places. The one thing to note, and most people don't do this but its a good practice to do is when your emergency fund is fully funded you should continue to add % based on the inflation rate in your country. This is ensure the buying power stays relative to your market. 3 months is good place to start as coverage for your emergency fund, and then you got options to go to 6,12,15,18 months etc. I personally capped it out at 18 months, but have been doing this a long time, 3-6months can usually deal with most things to be honest.

% based division of disposable income is nice too, because when you get a salary increase or even like "bonus" or "unexpected windfall" you can apply the same % divisions to spread it out into your different places.

Keep stacking Smiley
Investment success must be based on a proper planning and an additional amount of money to meet basic household expenses against disposable income. If you have a lot of income you can increase the amount of investment, but the amount of emergency fund coverage for a long period of 18 months but I think you are wasting. You could have kept coverage for at least 6 months and should have decided to invest the remaining amount. In this, you could get the investment profit of your extra money. Even during bearish periods more BTC should be invested. To be honest many are more conservative in decision making which may not be correct.
It may be a good decision to withdraw yourself from waste when you know you have to continue through the holding.

18 months is long enough preparation if  he mean about that emergency funds and we might just waste some money there for hiding a lot of money intended for emergency funds since for sure in span of 6 months we can find another opportunity that can generate us another source of income.

For people still got confuse about what is emergency funds and how should use it then maybe this article could able to give them an idea about its real use https://www.wellsfargo.com/financial-education/basic-finances/manage-money/cashflow-savings/emergencies/ They should not get confuse about their reserve funds since this is truly different since this can be a disposable amount which they can use for additional investment or other things they need in life. 3 to 6 months emergency funds reserve is enough and for sure we can secure our selves with that time span.
15  Economy / Gambling discussion / Re: Between females and males, who are more resistant to gambling losses?  on: May 08, 2024, 10:55:16 AM

I was just having a little chat on the other thread when I read a member's comment who says that women are better gamblers, which I really disagree with. I believe that men are the better gamblers here. With all my thoughts running through my mind, I just decided to create this topic to get your view on it. 


I will go for the side of women to be better gamblers because they have better control of risk compared to the men. The men when it comes to gambling is always focus on what they will get in the game but not their lose. A woman being the type that wants to be sure everything is alright would ensure that they go for more easier games that are likely to be less risky depending on the risk appetite. I understand that to gamble is about making of profit but if you are losing consistently then you are not still a good gambler, therefore it is better to profit gradually than to lose all at once.
Statistically men are the common in this situation to be point out as high risk since we know we are the one have a strong personalities towards dealing with the risk of gambling activities we made. While females are so careful with their decision making since sometimes they are soft and doesn't want to lose their money. But overall its truly the same since both gender have high risk to lose and became addicted gamblers since I also see a lot of females got addicted on physical casinos and in online casinos especially if this is rampant in their places. And it doesn't actually mean that they are careful they are already fine since a lot of time I see women commit huge mistakes and lose everything they have.
16  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: May 08, 2024, 08:46:12 AM
Probably many large casinos, such as Roobet, will also begin to use payments via LN.  And although this is apparently not easy to do, it is worth doing one of the first. 
We just don’t know how the Bitcoin network will continue to load. 
I doubt that. LN is pretty much old tech at this point and it never really took off despite several improvements here and there thanks to various limitations which is why it isn't an ideal solution to bring down fees.

The network will stabilise with time and it will probably be quicker this time around when compared to the recovery time after ordinals crap in my opinion.
Yeah!  Indeed, the network has stabilized, although sometimes there are some periods of too busy mempool. 

I probably agree with you that LN is still developing too slowly for players to actually use this technology to save on commissions.  Now it even began to seem to me that LN still seems to become a dead-end technology, the demand for which with the mass adoption of Bitcoin will be too low.  But it is also worth considering that the technology itself, with the opening of separate channels and at the same time the custodial meaning of payments, is too complex for ordinary users. 
So yes, perhaps there is no need to rush into integrating LN into crypto casinos.
As far as im aware that there are some gambling sites or new platforms that offers that LN payments which i have seen on this gambling board, cant just remember the name but they had integrated LN.

If those sites or platforms did able to make out such integration then why these old ones or known ones cant be able to do so?
Usually people would really be finding that LN solution on the time that Bitcoins network condition is congested but we do know that its not happening all the time
and this is why it isnt really just that much of a focus on regarding on this one and also we do have tons of altcoins options as well.
Yeah, I also remember the discussion about the need to integrate LN into payments for casinos here in the Gambling section.  There, indeed, some of our colleagues on the forum mentioned in their posts some casinos that had already integrated such payments. 
But I also think that you are right that such integration is quite inconvenient for players, and for the casino it is additional labor costs and it is also necessary to hire specialists in LN, which the casino probably does not need.  Apparently that's why large casinos don't do this. 
In addition, of course, some widespread Altcoins, such as Tron, can completely replace Bitcoin in casino gambling.  In addition, they are much more convenient than messing around with LN. 
So, probably the devs of many casinos are doing the right thing in not yet integrating LN payments.

I remember this thread compiling the list of casino that have Bitcoin lightning network feature check this thread https://bitcointalk.org/index.php?topic=5489548.0

Also the his site https://top69cryptocasinos.com/bitcoin-lightning-casino/ although the main purpose is to gather a traffic for his site but its good to see that list since maybe there's some casino that can catch people's attention if they are interested to know about casino implementing this feature. Although as always we should be aware that there are casino which the reputation is questionable so we should take proper precaution and always ask people's opinion regarding on casino reputation if its really safe to proceed to use their services.
17  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Over the next months meme coin investors will get most rich on: May 07, 2024, 01:12:08 PM
if that is your mindset to become Millionaire is short time then there is the more possibilities
that you will get scammed because of that mentality , remember that investment is a two way course ,
and that is to earn or to lose .

Meme coins is something that many are believing to be a pump and dump most of the time ,
though there are others that knows they can risk and turns into instant rich sooner but try not to fell
that way because the more you expect is the more you can get scammed.

Those people like OP is willing to take the risk regarding on what will happen on their bought meme coins and I'm also sure that they won't use a huge amount of there funds for trying to risk of those tokens since they know that a lot of them will just turn into scam. And they just want to experiment things if they became lucky to get rich on what they did on meme coins or not. A lot of people became millionaires on meme coins before because they able to put some amount which they can afford to lose and result ends up good to them.

 But still for tight budget person which is their capital is all the money they  have better not to risk on any of those meme coin but rather they should focus to build their career on crypto investment and try to gain a lot of knowledge since for sure in future every decisions they made for sure will be rewarding for them.
18  Economy / Gambling / Re: Duelbits.com | Casino & Sportsbook | VIP | Instant withdrawals!|ARGENTINA & AVFC on: May 07, 2024, 12:00:02 PM
This is correct sir, Big win usually comes after a terrible drought of losses. The only question is how long can you endure the pain of losing until you hit that jackpot.  Cheesy
Wins and losses are things gamblers must accept and they must afford to win and lose, more important, at the beginning.

The interesting fact is people are more easily and comfortable to share their winnings, big winnings than share their losses, big losses. Winnings, money make we all feel cool but losses can bring so many lessons for us to sit down, take deep breath and think deeply about our loses, to learn and use it for improvements in future.

This should be the mindset of all gamblers is to accept whatever they experience from their game time. Since if they are there to win and can't accept the fact that they lose for sure we would see them trolling the community and find someone to blame especially on the casino they are playing which is really bad attitude for them to show.

People are comfortable to share their wins since this is what people like to see. They want to boast up there selves that they are winning and show to the people that they are so good on gambling also their strategy used is effective. There are people doesn't learn from their mistake since some of them just find something big to show since this what make them happy and they ignore losses since the more important to them is to brag about the huge win they get.
19  Economy / Gambling discussion / Re: Is more regulation coming to online gambling? on: May 07, 2024, 09:53:51 AM
Yes I expect this to happen since gambling advertisement is rampantly goes anywhere. There's a lot of people trying to market their businesses on not proper channels which it can cause harm to people especially those young individual with saying something unrealistic claims for easy rich schemes if they play on particular casino. That's why I will not get surprised if there's sudden heavy changes will not be in favor to those casino who legitimately doing some good or responsible advertisement since for sure they will be included on the possible sanctions will happen by those casino doing those aggressive actions.

So maybe for this let see how government will take action towards this issue since if we could see them do something then its fine but hopefully they do the right decision and didn't do any bad judgement which they didn't think or study so well.
20  Economy / Speculation / Re: Buy the DIP, and HODL! on: May 07, 2024, 08:42:09 AM
Technically you should not be using emergency funds to buy dips.. but you can use reserve funds.  Yeah of course people call these things different things, but the idea of emergency funds is to have money to live and to pay for your expense if an actual emergency takes place or if you lose your income for some reason, you have a little bit of breathing space.

Reserve funds would be extra money, so you should never dip into your emergency funds for anything other than needing to live because you ran out of other money.
I think this has been discussed some months back. Money that is kept for an emergency is not to invest in bitcoin and if anyone wants to invest in Bitcoin then extra funds Shou be made available if only the person is really ready to invest. There are some banking apps that one can use to lock funds by weekly, monthly and yearly. The person can choose the plan he wants and I normally select two plans to lock my funds in weekly and monthly because I don't know when the dip would come and if it comes, and fall under the weekly plan then I would use it to buy the dip and I will wait for the monthly plan again and once it unlocked I would use the money to buy the dip again. So with that you don't have to spend your emergency funds again.

Now if you buy the dip with the emergency money and something happens within the week and you don't have extra money to solve the emergency need, you have to make a sale of the bitcoin investment you initiated in the week to solve the emergency and if the dip is below the purchase price of bitcoin then you are at the losing side of the investment because you did plan well for the investment. Always keep the emergency funds down the emergency purpose and not to buy the dip.

Emergency funds are not a part of your cashflow.  You seem to be talking about some kind of a float.  Emergency funds are something that you build up and then you likely never will have to touch.. ever..  they are usually something .like 3-6 months of your expenses, so if you lose your job or you get hit by a bus, but you are still living, you might have some expenses but unable to work for 3-6 months, but if you are managing your money well, you may well have other funds such as reserves and a float that you would use prior to even dipping into your emergency funds.  

Let me use the example that I used from the other thread:

If you have an income that is around $1.6k to $3.8k per month, and most of the time you receive around $2,400, and you have expenses that are usually $1,800 to $2,200 per month, and most of the time the expenses are $2,000, then that is around $400 in disposable income, but surely it varies, so minimally you should likely be holding around $6,600 in cash to cover 3 months of your expenses.

yes you might have other money that is extra cash float or that you are holding in reserves for other purposes, maybe for buying on the dip or just for using when your income might be low.  You could spend 20-30 years or more never touching your emergency fund because if you have fluctuations in your cashflow, you would tap into your reserves and your float first, so hopefully you never get into a situation that you even need to touch your emergency fund.. because if you do, then shit is really hitting the fan at that point... and your situation has become more dire.. .. so in some sense if you are using your float and your reserves you can continue to buy BTC every week since buying BTC may well be a priority for anyone who is trying to build their stash... but whether they are able to build their BTC $50 per week or $100 per week or some other amount is going to vary on other ways that they are managing their cash, since it is good to be aggressive, but it is not good to put yourself into a situation that you don't have any money and you have to dip into your emergency fund.

another thing is that people who don't invest, might not even be in the practice of maintaining an emergency fund. ..and that might be part of the reason that they are poor and don't invest...because they are not managing their money well.. and so if someone is brand new to bitcoin and they do not have an emergency fund, they may well have to invest smaller amounts into BTC wheil they are building their emergency fund, and once the emergency fund gets up to 6 months then they can be more aggressive in their BTC investing.  

Another mistake that poor people make is to use their investment (BTC in this case) as their emergency fund.. and yeah, they are going to have fun staying poor, because you should not have to dip into your BTC ever, except upon a time that you have already chosen based on criteria that you had already set.. whether that is 1-2 cycles down the road or reaching some level or whatever that criteria might be.

The problem with some people is they don't know the meaning or how emergency funds used. They sometimes think about that this is extra funds to use for their investment that's why it leaves something bad impression and leave some wrong statement regarding unto this topic. If they could able to spend some time to know how proper budgeting on everything they do from their earnings for sure everything will be separated well. They could able to separate their budget for food,travel,bills,emergency funds and for investment.
If there's some funds left came from somewhere else especially if we have multiple source of income then we can use to add it up on our investment and that's how we can actually maximize our investment without worrying on anything else out there.

Emergency funds should not meant to be spent on anything not needed especially on risky situation since it could save our asses if there's something wrong will happen to us in future. And much better for people to forget about that funds and only take it when you really need that money to survive.
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