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61  Economy / Gambling discussion / Re: No gambling today due to bitcoin high transaction fee. on: April 20, 2024, 08:42:07 PM
This high fee is probably due to the 4th halving that was completed. I haven't seen this type of transaction fee this hight.

If you look at https://mempool.emzy.de/, the current transaction fee is  over $50 but in the past few hours it was over $100... So if you are a gambler who doesn't gamble that much like your range is only $10 to $100, it's impossible you will choose to gamble today with that very high fees.

This is only for gamblers who use bitcoin as the payment method, how is going today? Who among us here can still afford to gamble?
You would really be that not doing gambling today but since i do have some balance in my casino account then there would be no issues. Usually the only problem is to make out deposits and of course on the time that you make out some withdrawal but with the current fees we do have then it would really be just that painful to see that current fees on Bitcoin network today. Well, this is really just that something temporal and we would really be able to see for it to normalize in a few hours on which this is something that could really happen in a market. Just like on what most people been saying that you could make use with other coins for you to gamble
since majority of platforms or sites now are really that having that multiple coins on which you could really be able to play. Somehow it is really just that there are gamblers who do really want to see Bitcoin as their balance and the coin that they would really be winning up.
62  Economy / Gambling discussion / Re: Focus on how much you may lose and not only the potential win. on: April 20, 2024, 07:23:41 PM
Gambler is a greedy person and that is why sometimes gamblers do lose and whatever thing they are doing some people lose out of greediness and some people also continue to lose because of greediness too, when someone is desperate to recover whatever it has lost through gambling that is exactly one of the problem we have and they what makes us to have such problem or such thinking is because of greediness, let us try to no that if you are into gambling you will lose and you also gain and the probability of you as a gambler winning more than you lose is very poor but the probability of you losing high than what you win is high, so gambling is a game of risk and is not predictable

Greediness is nearly every human's behavior, if not, a jackpot winner, wouldn't gamble again. Players wager back their jackpot earnings, despite having enough. We all seek for more money once what we once wished for is gotten. The casino uses this human reaction towards money to milk back all their money including the player's savings. While gambling, it's important to have in mind the game is connected to our emotions. Humans emotionally crave money or fantasies, a place where money is flashed to people will make them involuntarily want to go there.

Out of greed, most players will choose to frequent such places where gambling is practiced. Till they're not able to stop visiting the place or online platform. Also, those reactions happen unknowingly to the player, at a level he would control his choices of whether to visit there or not. I don't think addiction allows its victim the luxury of calculating their expenses. Win or lose doesn't mean a thing to them, the player may need extra bodies to help him detect his troubles. That's the advantage of opening up to people about our gambling habit. People can easily watch over our behaviors.
There are tons of situations or happenings that those jackpot winners did really lose all of their money back into the casino or gambling itself.When it comes to greed then this is something that always been part of human nature or behavior on which on the time that we are speaking or talking about money then this is something that makes us interested and would really be keeping on dealing with it until the very end.
Its true that people should focus up that much into the possible loses that they would get or would be able to make instead on thinking about being a winner because once you do have this kind of awareness in mind
then you could really just that completely stop yourself if you wanted to or on the time that you've seen that you are already making profits but since you could be able to stop but doesnt mean that you wont really be coming back to gambling again on another day. This has been always the scenario that you would really be tending to deal up with. Make use of the amount that you can afford to lose as always so that you wont really be that making yourself that get stressed too much.

63  Bitcoin / Bitcoin Discussion / Re: Have you stopped using bitcoin for small transactions completely ? on: April 20, 2024, 06:25:14 PM
Small transactions on bitcoin does not make any sense now at all. Like to make a $20 amount transaction, one has to pay about same amount, $20 in fees. This does not make any sense. Have you stopped using bitcoin for small transactions completely because of this reason ?
Frankly speaking i do have several transactions which are currently stuck into the network and im not really that willing on paying up higher fees even if we do say i do make out $1000 in transaction on which paying up $20 or even more or having that spike of $110 as far as i have checked out yesterday then these fees gone crazy on which we cant really be able to deny that it do really sucks on making small transactions.
This is why i have stopped on making out some transactions as of this moment and would be waiting up for everything to settle down. Yes, this isnt something that we dont really like to see on Bitcoin fees
but with having that scalability issue but well this isnt something that would really be always happening.

Actually this is my first time on seeing Bitcoin fees playing around $20-110 maximum on which this isnt something those numbers that we've seen even into that BRC20 spam.
I dont know on whats the reason behind of this spike whether it do really talks about tons of buys but seeing on the current price that we do have on which it didnt really made out such move
that much. It would really be just that making out those kind of questions on whats happening now.
64  Economy / Gambling discussion / Re: Online casino gambling is more of profit chasers while land base is more of fun on: April 20, 2024, 05:08:45 PM
I agree. As long as the gambler can still control himself, both emotionally and financially, when playing, wherever he is, whether on land or online, he certainly won't get too addicted which will result in his destruction.

Online gambling sites are actually just a means of playing. making it easier for gamblers to play without having to go to the casino.

If you look at the research that OP mentioned, I haven't found it myself, maybe OP can clarify by providing a link to the research.
That is the key to healthy gambling. With online or land-based gambling, addiction can occur if they cannot control themselves while gambling. Moreover, gambling is something that has a strong attraction, so many people are lulled into it. It is not unusual that many people are addicted to gambling with the aim of doubling money. And indeed in my opinion online gambling is more identical to those who aim for profit, because there is nothing else besides that. Not like land-based cadino gambling where maybe we can do other things besides gambling, whether it's chatting with other people who are around. With online gambling, they tend to do it individually as well as in the place they want.
Online or land gambling in my opinion is the same, it is not a means to make money for sure. Now we can compare that online gambling is more directed towards profit hunting, because I think there are almost no people who do online gambling with the aim of having fun, I'm sure there are almost no people like that. But clearly as you said, everything will be fine when we can still control ourselves over the gambling that is done.
If it wasnt that attractive then for sure its something that couldnt really be that putting up gambling industry on such profitable business specially into its owners on which we are really that seeing the different thing
that they are really that indeed making money or good revenue. Why? because of people being that profit chasers and this one doesnt matter whether you are dealing with online or offline casinos because people would really be having that kind of same target or goal is on which you would really be liking to have that being profitable into this kind of activity on which tons of people do really messed up their lives just because of that
wrong assumption and beliefs in regarding towards gambling. If you wont really be that careful then you are just basically putting up yourself on such potential harm.

When it comes to fun then doesnt matter whether you are going offline or online, seeking for fun could really be that found on both places. It would really be just that depending on you
on what place you do find yourself that getting entertained because not all people would really be sharing up on the same interest and idea they do have in mind.
65  Economy / Economics / Re: Financial Advice for a young millionaire on: April 20, 2024, 04:36:29 PM
There are many people who get inheritances as described by the OP in the real world, but unfortunately some of them do not succeed in maintaining it because they fail to manage their finances and end up in poverty.

That is because they were probably let alone and they were given the impression that their money is forever and that they should just do whatever they want without giving any care in the world.

Those are spoiled kids that grew up without a sense of responsibility so it’s either you teach your kids young or you don’t give them all of your business and money unless you want it to be put into waste.
It is not about being a spoilt kid or not. Whether a spoilt kind of a well trained kid, both could possibly fail to sustain their parents wealth if they are not financially educated. One thing is to make money, which is possible that everyone can make, another thing is to sustain the month which is so difficult. If a Father has found a particular way of generating money, and didn't teach the son, in the absence of the Father, the son will not be able to ensure continuity.

@OP, my advice is bitcoin and real estate. Bitcoin known only to him and real estate business everyone can see. Both cannot fail at the same time and they are just passive.
That inheritance would really be coming into waste if that kid wont really be able to handle it well on which the business should really be handled and would really be that overtaken or been changed of hands.
Of course it wont really be the same on how your father been handling the business but at least you are really that considering on continuing it all but well we cant really be able to tell because
the kid is still young and for sure he wont really be that not still hand be opened or really that willing nor interesting to continue on what his father do able to established.

We cant be able to point out whether he/she would really be that continuing or not. Just like on what most people been suggesting on here that financial education and awareness is something
that you would really be needing up to consider because if you wont really be that finding yourself that learning up things on your own or you are serious on doing so then you would really
be doing such step.
66  Economy / Gambling discussion / Re: Jake Paul to Fight Mike Tyson in Live Netflix Boxing Event - July 20 on: April 19, 2024, 09:59:26 PM
This still doesn't feel right to me. I understand that Mike Tyson is Mike Tyson and he will of course try his very best, but that dude is so old and he doesn't look that healthy, I mean the fact that he shouldn't be punched anymore is the point here, what if Mike Tyson wins or loses but ends up with an injury here?

What if just this fight alone, could end up cutting his life short or just makes it less healthy? What are we going to do about that? I believe that has to be something that could turn things sour very quickly. I hope that it's worth it, because they are putting his entire life in danger here, a very very old dude is still old no matter if they are Mike Tyson or not, and one mistake could lead to terrible life.
Yes, this fight is very dangerous for Mike Tyson, because he is already 58 years old. Meanwhile, Jake Paul is still 27 years old or in his golden age. Because of this age difference, many people are worried about Mike Tyson. At the age of 58, Mike Tyson has lost his strength and agility in fighting and Mike Tyson will suffer potentially fatal injuries.

It would be an exhibition fight and pretty sure that the power would be used wont really be at their 100% on which its understandable on whats stake on here. Just like on any other exhibition fights on which you could really be able to see that they would really be having that kind of hesitation when giving their full power punches. Yes, its true that Mike is old and they've been aware of that, this is why its called exhibition on the first place on which they cant or shouldnt be serious.
67  Economy / Speculation / Re: Bitcoin might reach $100k before halviing. What is your exit strategy? on: April 19, 2024, 09:47:13 PM
Bitcoin's halving is about a day away, and now the price of Bitcoin is at $60,000. The halving is just one day away but currently the price of Bitcoin is $60,000. Now after the start of halving the price of Bitcoin will decrease and after some time Bitcoin will again reach its desired maximum value. Now Bitcoin has reached its past resilience levels. Now let's see how much Bitcoin falls in the future and then what Bitcoin can reach its maximum level.

If Bitcoin was to fall again before the halving, it would not fall pass $50,000 because I think that will be the lowest we can go before the halving but after the halving, we should be expecting some more corrections as many people bought Bitcoin only for the halving and it would had come and gone. Some investors will be angry because they did not make the expected profits they had in mind when buying Bitcoin and anticipated for the price to pump for the halving. Other investors came into the market when Bitcoin was rising and they expected it to continue but it did not go as they planned and they might sell their Bitcoin because of frustration. But only those that want to rejoice when Bitcoin gets to a new highest price will keep hodling their Bitcoin. For now we can all agree that the price won't get to $100,000 before the halving but it'll do that after.
Everyone is waiting for that $50k pullback or correction but it didnt really happen. Halving is almost there (3 hours as of this writing). The price did make out some movement on which it did really touch up 65k.

There might be some chances that after halving then there would really be some bullish rally or we dont really know. Its really that hard to tell because people had been always anticipating for some drop,
but we are currently seeing the opposite on which its really that hovering above 60k which there might be a solid sign that it would be breaking that 70k+ resistance or all time high.
Cant really be sure but it would really be great to see with those numbers.

Although there would really be still that probability of drop, this is why you cant be able to blame out people on why they would really be that skeptical on making
up such step and would really be waiting up for that correction on which they dont know whether it would come or not.
68  Economy / Gambling discussion / Re: Can Anyone +18 Play Gamble? on: April 19, 2024, 08:49:44 PM
- snip -
Don't forget that all those casinos owners will not take the age serious because they open the casino for profit making, which many gamblers are aware of it and they will surely allow experience ones to gamble without considering their age.
Illegal casinos certainly dont care about underage, but legal casinos wouldnt dare to do that.
The risk is very big, their gambling license can be immediately revoked if they are caught intentionally allowing anyone under the age of 18 to play on their platform.
So it is not true that all casino owners dont care about this underage problem, that is why there is KYC procedure on any legal casino.
It would really be that understandable on this way on which there would really be those illegal companies would really be definitely be allowing minors but here on crypto or online gambling on which
there would really be tendency or chances of minors to be able to play up without being that detected or being caught not unless if there would really be some sort of KYC that would really be asked
but if there's none then they would really be that free for them to play on without being caught but of course we do know that this is something not that recommended.
Speaking about legal age then it would really be playing around on 18-21 years old on which this would be depending on such country but in global this would really be the age
would really be considered to be legal on which this isnt really just that limited to gambling but also in other things as well on which people would really be allowed to deal up
on something which mature minds is really that needed.
69  Economy / Trading Discussion / Re: The Illusion of Trading Success on: April 19, 2024, 05:58:11 PM
There are many people like that, claiming that they became millionaires just by trading and opening trading classes to be able to share their experiences with other people. I mean, if he's confident in his experience and has already made millions of dollars from it, why doesn't he just trade with that money himself and take all the profits for himself? why does he need to open classes at quite expensive prices and share his knowledge? If it wasn't for wanting to make money quickly without the hassle of trading, I don't think he would open a class with the intention of making other people rich with it - those people aren't generous enough to do that, they're not saints
Well, if those experiences or trading ideas are shared to the people for free, most probably he is genuine with his intention to help, he’s really a good trader. But the fact that everything involves money, that’s already suspicious for us. Reality is, he is not actually a successful trader, but is acting like one so that he can deceive everyone that gets interested to his contents, still he will end up profitable just like trading. He’s smart, but not smart enough to trade for real.
You would really be having those kind of thing in mind that if these fellas are really that profitable somewhat millionaires or making such huge money then why they would really be that having that kind of
flexing out and tending to make people to pay up some sub fees or vip on whatsoever payment on which if we do really tend to look at on which these are just peanut amounts.
Its impossible that you cant really be able to make yourself to think about those probabilities on which this is something that you cant really be able to make yourself realize that
there's no point or really not that recommended on following or paying up on something which you could eventually learn it for free.

Trading success? You could really be able to achieve if you are really just that serious on what you should really be gonna doing. Although success does really need up
some sort of mix of luck for sometime due to unpredictability of this market. Just dont make yourself that delusional on some aspects.
70  Economy / Gambling discussion / Re: The madness of gambling addicts. on: April 19, 2024, 11:39:07 AM
~

It’s great to think about providing entertainment options like gambling in poorer neighborhoods as a way to offer equal recreational opportunities. Gambling can indeed be thrilling and serve as a leisure activity when managed responsibly. However, it’s also crucial to ensure that such facilities don’t lead to financial distress for individuals who might already be vulnerable. Striking a balance by implementing safeguards, like betting limits and financial education, can help ensure that gambling remains a source of fun without becoming a financial burden. This way, we can maintain the positive aspects of gambling as entertainment while protecting those most at risk.

I will say it again, I'm confident that for those who are in desperate need of money gambling can't provide entertainment.  Rather, it will cause troubles for them. Betting limits have never worked, we all know that. But providing financial education, like you suggested, is a good idea in my opinion. And to make the process of learning more interesting and enjoyable, maybe, hooking it up with gambling is a good idea too.
On the time that you are already that playing for the sake of money or having some income then you would really be finding yourself to be that stressful rather than on enjoying yourself because you've been that
trying out to achieve something which is impossible. This is the main reason on why gambling industry is really that profitable because of this kind of main behavior of most gamblers on which they are both trying out to chase their loses and trying out to make  themselves as winners on which we know that this isnt something that you could really be able to done it or cant be attained up if you arent that lucky enough.

The thing that you should really avoid as much as you could is really that becoming that addicted with gambling because on the time that you do find yourself that getting addicted into it then there's no
way that you could really be able to easily get out not until you would really be losing up on everything on which this is something that you must avoid in the first place.
Play for fun and play for entertainment.

71  Economy / Lending / Re: Lending Service Started! (USDT/BUSD/BTC/LTC/ETH/DOGE/ETC)! on: April 18, 2024, 02:43:36 AM
Transferred $19 loan interest.. thank you
ddba7057adc868e18bec347733e106d3f87ff34ab66b041a1e4c4e1c30b66d43
72  Economy / Gambling discussion / Re: Double your money and quite on: April 17, 2024, 09:52:38 PM
Op this your method is a very good and conservative one which i think it's even best because most persons would want same but then they would not do it because of greed, they get greedy a d want to win more, forgetting that if we should go by percentage you have done a 100% by doubling your money, the bid to wanting to get above 100% has been the greed that has led some people to want to make much more than 100% and they will end up loosing all their funds and even more.

Discipline is another factor too that must be put in to consideration because if you don't consider been disciplined enough you may not be able to actually get to the point where you will get to exit immediately you have exhausted your budget for the day.
Discipline is one of the main determining factor and the next would be self control and self awareness on things. If they do really meant on having that x2 of their bankroll and if they succeeded on doing so then they would completely stop. Each person does have that different level when it comes to self control on which there are ones who could done it with ease or having no issues and there are ones who do fail on doing so because of the greed that they do have inside on which we know that this is something that cant really be easily be controlled. This is why it would really be that better that on the time that you've seen your target has been reached out then you should stop and call it a day and come another day but this is where people or gamblers do usually ends up right? A continous involvement or engagement until they would really be losing it all on which this is something that makes this industry being profitable due to that very common human being characteristic or trait.
73  Economy / Speculation / Re: Do not let the over excitement after the bull-run pull you out to danger on: April 17, 2024, 08:08:55 PM
After knowing what being jealous could result to, I hope we would keep our mouth shuts and keep up with out anonymities during and after the bull-run.
Silent is safety wise
Remaining anonymous is the safest and that's true, that's why we rarely see people who have large Bitcoin assets showing off and saying that they have them even if someone says so we doubt that they have them because basically those who choose Bitcoin as an investment because they want to be anonymous. Likewise when we see people who post about Bitcoin either when commenting on bad things or vice versa because I think they don't actually own it.
I never tell anyone that I have Bitcoin except my family because this is a precaution if something undesirable happens, and I think it's important so that they can enjoy Bitcoin I have if something unexpected happens to us.

We should keep quiet from the world about how many bitcoins we have because it doesn't make them respect us more but instead they can endanger us. But telling our loved ones is something we should do right away because if something unexpected happens to us, at least our loved ones can enjoy our efforts. But what's quite strange is that there are quite a few people who don't think like you and me. They don't even want to reveal their bitcoins to their relatives, they are afraid that their bitcoins will be stolen by their relatives. They think bitcoin is more important than their parents, wives and children.

Anyway, it's their decision but what makes me curious is, do they have 10BTC or 100BTC, how much BTC do they have so they think it's more valuable than their relatives?
Not all individuals would really be that too confident on telling everything even into their family or into its members because once they've known that you do have tons of money in crypto form then there's a tendency about
possible abuse when it comes to spending or something that asking out for funding or really just that confident because they've known that there's one on the family which is really that having that huge money.
Into my situation then this is what im really doing on which i do tend to be silent even into my family members. You wont really be stressing yourself too much or really that confident that there's no one been knowing that you are holding a lot. We dont know on what would happen but of course you should really know on making up some backups that your family could really be able to know if there's something that would happen into you.
It would really be just that normal that there could be possibly lost of your coins if you dont tend to share up at least on how to access those coins in case.

No one tells you that you should tell everyone in your family about how much bitcoin you have, you just need to tell the people you trust the most to avoid unexpected accidents happening to you. And if you think that even your parents want to abuse you then I have nothing more to say to you because they are the ones who gave birth to you and took care of you growing up. Even if the person was born and sacrificed his whole life to raise you, and you still doubt him, there is nothing left to describe about you.

By the way, how much bitcoin do you have and how much is it worth so you think it's a huge amount of money and bigger than your whole family, do you have 10BTC or 100BTC? And do you know how much money your parents spent and what they lost while raising you for the first 20 years of your life?
Well if you do ask me, i do trust up my family without a doubt but we do know that there are people who reached out into a point that they cant be able to trust up 100% even their family.
This isnt really just that happening in movies but also in real life. We dont know about their whereabouts or whatever reasons they do have but we do have our own will on how we do handle out ourselves but its true that on the time that we do speak about money then this is where people would really be changing up their thoughts on which there would really be ones who would really be that skeptical on trusting up even
their family members. We do know that once money is involved then cant be denied that it could changed up someone.

If you are really that saving up yourself with those coins you do have for the future benefit then it would really be normal that you would really be that mindful about the safety of it
even if it means that you wouldnt really be sharing up those information with your family then you would really be definitely be doing it.
74  Economy / Gambling discussion / Re: Never gamble in front of your kids. on: April 17, 2024, 06:51:24 PM

this analogy might be too much, because i also grew up in an environment where people gambled every day, but i didn't grow up being a gambling addict. because it still comes back to the individual, because many gambling addicts are born from good families. so even though it is not recommended to gamble in front of children, even if we gamble in front of them there is no certainty that they will gamble more than we do.

Also true, it's on the person itself whether to take part in gambling or change his way but the influence it can bring can't be deny which if the kids see things as normal usually they will follow that track, thinking that its' just normal since they are seeing adult people that surrounds them are just doing it without any conviction.

This how important your cares about your kids or on the young minds that still in your vicinities, they can be influence if you are not careful with how you treat your gambling.

Adults will usually be used as an example by young children in any case whether it is from speech, treatment, and something done by adults, a child will not know something that is done by adults is basically forbidden, and this is why the job of parents is to teach and direct them to good and right things and keep them away from something bad of any kind. This means that I don't think it depends on whether the child wants to follow something that is done by adults or not, because the main point is that when they see that adults are doing it openly then they will most likely think that it is something that is allowed to do, and this is why we as adults are advised to hide gambling activities, none other than because after all prevention is always better than cure.

On the other hand, children usually have a high level of curiosity about anything they see, especially those that make them curious and interested and it is possible that the excitement reaction that you experience when gambling, especially when you win, can make them interested and curious, and of course as you said that we must prioritize care, this concerns the safety of the personality of a child who still has a long future.
We should really be that aware that kids are really that ones who are really that fastly be able to mimic out on whatever they've seen around and since they've been seeing their parents doing something then everything that they would really be able to glimpse out is something would be considered to be right into their eyes on which means that if ever they would really be that seeing that you are gambling in front of them then expect that they will really be most likely be ended up on being a gambler once they would grow old. Although it wont really be that something to be assured because each one of us would really be that grown into maturity
on which it could be causing up those kind of self realizations.

As a parent then we are really that doing everything for our kids on which it would really be just that normal that we would really be that giving the best things for them.
We do know on what gambling could give out so it would really be common sense that we should really be taking them away as much as possible.
75  Economy / Trading Discussion / Re: Achieving a goal on: April 17, 2024, 05:53:33 PM
Hey folks,

Basically, I have around 25$k to invest, and I really want to hit least 200K$ by the end of this year.
Could you please give me some tips and advises?
Also, It is an amount that I honestly don't want to lose since it counts significantly to my capital.
Background story, I have quite the portfolio that would count around 150k$ at current prices, some I sold early and some went greedy and lost.
I did learn a though lesson about patience tho.
Also, psychologically I am done with trading since the lost, I was great at it but one drunk night got me bad lol.
Don't drink and trade folks.

Thanks a lot!
 
Here are some common lines that we do really know;

1. Regret comes at the end
2. Learning comes from real experience
3. Self realizations after a disaster or unfortunate condition

You would really be definitely be able to make yourself learn on the time that you would really be able to make out those kind of realizations that came out from your own mistake.
We do have our own goals in life but on the time that we do sees out that we do become that unrealistic then we would be making out those kind of learnings that it cant be possible
or something achievable. This is where we would really be making out those kind of adjustments after that.

It would really be that normal that there would really be those errors on which its a common thing but making out some adjustments and sensible actions towards
it then this is something that will really be totally depending on a certain individual.
76  Economy / Gambling discussion / Re: What do casinos do with inactive accounts? on: April 17, 2024, 07:16:16 AM
Before crypto gambling I was gambling at Bet365. When I logged in to check my account after more than 1 year, they asked me again for different information. I had to verify my email. They were testing me in several ways to see if I was that person or not. But when I temporarily shut down the site after losing a bet, the site would pay me a small amount of bonus. After becoming regular in crypto gambling, those sites are now  inactive even i don't try to log in. But I don't think any casino gambling site ban accounts for being inactive. Because there are many who can go back to that site after a long period of time.
Not all would really be keeping up those accounts specially if its really that consuming out some space into their database on which they would really be needing to delete those accounts which had been long time
not been online, but if they dont have any problems about inactive accounts then they would surely be keeping it.If ever they would really be asking something like other information before you could  fully access it back
then you wont really be having no choice. Just like on what others been saying that as long there's no balance with the said account then i wont really be tending to make use of those accounts back
after a long time, not unless if those are VIP or high ranking or some sort then i might reconsider but if not then i would really just simply create new one.

This is why if you dont have any balances then it would be better not to put yourself into all the hassles.
77  Economy / Economics / Re: Do you think Bitcoin can end poverty? In a nation today on: April 16, 2024, 09:50:53 PM
For me proverty is not the problem of a person but of the whole nation in my country the eradication of poverty has becomes necessary for the sustainable and inclusive growth of the let state the fate here Bitcoin has helps the poor by Increasin their savings and access to capital also it has help around 1.7million people in my country and also it has also impoverished people to control their investment.
it cannot. Poverty is a systemic issue that something bitcoin alone wouldn't be able to fix. You're basically asking an antibiotic to solve brain cancer for you, which it couldn't do for all obvious reasons.

The fact that I was able to cash in so early in the bitcoin dream was nothing short of a lucky and I must point out, a very risky rendezvous that could've easily went to the other way, and I owe everything that I have to myself for not giving up and always believing in me, as well as my friends and family members who supported me even when I'm down. Not saying you couldn't experience the same thing, but statistically speaking, large baggers like me who are able to become rich or comfortably financed thanks to bitcoin at the very least are an anomaly that you shouldn't take as empirical evidence that bitcoin could change lives and solve poverty.

In my opinion, if you want poverty solved you must implore your government to do something about it, and from there take initiatives as well to change your life for the better. As I said poverty is a systemic problem that runs deep into society, and simply buying off cryptocurrencies on the market wouldn't solve it, you need to cut its roots down, to make sure it gets eradicated. Bitcoin alone wouldn't be able to do that.

I agree with you and I want to add that bitcoin is a long-term investment, so being a long-term investment, we are talking about that at least the person should hold it for 4 years so that there are no losses, because historically the price of bitcoin for more If it drops a lot in certain years, it still manages to recover in 4 years. So a poor person would need to have the following conditions:

1 - He would need to have money to invest in bitcoin, and when we talk about money to invest in bitcoin, this poor person would need to have a decent amount of money, something like $500 at least, it turns out that poverty in first world countries is very different from being poor in third world countries, where $500 is a large amount. The minimum wage in my country, for example, is $250. so a poor person would have to work hard to get $500 if they don't have a job

2 - He would need to have a lot of patience, and when we talk about patience, I'm talking about putting the money in bitcoin and waiting for 4 years without using it, it happens that a poor person wants an immediate solution to change their life, they won't wait 4 years . That's why if someone gives her $500 she won't invest in bitcoin, she'll invest in something else that could generate a profit quickly. maybe after she finds a business that makes a profit she could start buying bitcoin

3. Does know on how to re-invest and diversify
You would really be needing up that kind of consideration if you are really that trying to aim on getting rich on which you wont really be that limiting yourself on investing on Bitcoin but also
into other altcoins or projects that we do have in the market on which it would really be that a common approach to have.

Ending up poverty isnt something that Bitcoin could be able to globally solving it out on which it would really be needing up that kind of amount on how much you have stashed
because it would really be just that basing up overall whenever the market would really be making out some shooting up into the moon. You cant really just that expect something
on becoming rich or wealthy if your portfolio amount or numbers is really just that peanuts then its better not to make yourself that delusional if you dont like on getting frustrated.
78  Economy / Gambling discussion / Re: Neymar being addicted to online poker on: April 16, 2024, 07:59:39 PM
Neymer is Neymer, I am me, what he can afford to lose when gambling can't be the same amount as mine, either he is responsible or not, I doubt it will affect him much compare to someone who is still struggling financially, and I do believe that the most addicted gamblers are people who are still struggling financially in life, not Neymar.
I remember reading some articles saying that some famous actors who fall into gambling addiction also have a huge debt on their back, if anything this can deter people from falling into gambling addiction. If someone who makes millions per month can get bankrupt from addiction, then the chance the average joe to face the same issue or worse is higher. While it is true that Neymar is probably fine even if he loses a lot of money, it can be a good lesson to share with others to avoid reckless behavior when they gamble. After all, it is easier for people to accept some lessons from famous individuals instead of some random social media users who may or may not be a bot.
There's no way that we could really be able to know about their financial condition on which we do know that it could be that still fine or they are already on deep debts on which people cant be able to see about.
The main thing that people would really be complaining about doing some gambling game on his daughters birthday on which this is a special day for her but still playing up some poker or whatever it is
but well its his time and full control or decisions on the things that he would really be gonna tending to deal with.If he do really likes on playing gambling then so be it. Dont tend to be that someone
who would really be that be making themselves that getting addicted and cant really think up well on the things that they should really be gonna do it well.
79  Economy / Trading Discussion / Re: Trading is not a lifetime job. on: April 16, 2024, 06:52:54 PM
The right approach and the right mindset is to make trading a part-time job that is useful to supplement your income from the main job, and even if for example you manage to become a fairly professional trader by always being able to make a profit or when you are already in a situation where your profits are greater than losses then I think at that time you can think of a new plan, you can quit your main job but on the other hand you also have to build another place that can provide you with income such as maybe a business or other things that can provide a fairly certain profit.


You're absolutely right. Maintaining a main job while trading on the side is a practical approach.

Keeping your main job ensures a steady income, which safeguards your ability to meet basic needs without the pressure of needing constant wins from trading. It's a wise strategy to treat trading as a supplementary income source until, perhaps, your trading profits are consistently outpacing your losses.
It would really be the most practical approach rather than on going full time. It would really be just that only viable if  you've seen that you are already a profitable trader on which you would really be making up some decisions on going full time but since this is kind of skill that cant really be easily obtained then it would really be that hard for you to achieve such condition and not all becomes a successful trader
on which it would really be better that you should really know on how to make wise decisions because going directly on going full time trading then you wont really be able to know whether
you would really be sustaining or not. We do know that this isnt something that makes out assurance and not something that could really be easily be obtained.
80  Economy / Gambling discussion / Re: What do casinos do with inactive accounts? on: April 16, 2024, 05:19:22 PM
What do casinos do with inactive accounts? And what does inactivity mean - not logging in to your casino account or logging in say every two months without playing any game?

I also learned that there is something called a dormancy fee or maintenance charges on those inactive accounts which covers for administrative cost incurred by those accounts. I learned that the deduction is from the remaining balance in the account. What about inactive accounts without any balance? On the other hand, what type of fee is charged on an active account?


Totally depends on a certain casino on which they would really be having that different terms and conditions when it comes to this manner specially on inactive accounts. They might really be having that kind of threshold
on inactive accounts which hadn't been logged in for a specific period of time or lets say a couple of months. There might be some possible fee that you could really be needing to pay up or would be deducted basing
up on their terms. Its really that hard to make out some conclusions or really that hard to generalize considering that these things would differ on each platform.

Mostly based up on my experience whenever i do leave out my accounts for too long or lets say its been a year, but i do still be able to access it out without any problems.
This is only if i do remember those logged in details but most of the time i would really be that making some new account registration because i do know that i wont really be leaving
out any balances in any of my gambling accounts.
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