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If you are doing research before you enter the market, you should know that the best time for market entry is when the prices are red, and certainly not green. That is because you can always maximize your bitcoin accumulation when they are sale at a bargain price, unlike when you start buying them at already a high price. If you are doing the opposite way, then never expect for you to be profitable in your investment, but instead expect for a loss especially if you are not patient enough to wait for its price recovery the moment their prices have declined.
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In summary when you have everything you need to survive and you don't need money, are you poor?
Someone with background in finances will tell you that it's a lack of money, someone with a degree in economics will say it's a lack of resources to satisfy basic needs, I say it's lack of knowledge, skill and opportunities. You don't need money, but you either need skill, so that you can steal or persuade other people to give you what you need, or you need an opportunity. I've earned a lot of money through an opportunity because someone told me to research bitcoin and I did, got hooked and it became the best investment of my life. I know people who are wealthy because, for instance, they married into a wealthy family - which again is skill and opportunity combined. Well, poverty is certainly a lack of not just money but also those different resources that an individual needs to survive. Once you find it hard to provide these in your life, I think you are somehow experiencing poverty. But as long as you know how to use your knowledge and take advantage of every opportunity that comes your way, then you can always put poverty into its end. After all, you are the only one responsible for the outcome of your life. |
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Yes, I have seen many people fear about the price fall. They always panic and complains about the price drop of the coins. They don’t see the opportunity here. Price drop is literally like a boon for the investors. In this price drops, the price becomes low and hence we get the opportunity to buy these high priced coins in literally cheap price. We know these coins are limited in number, hence without complaining just accumulate as many coins as you can in this cheap price and hold for some time to see great profits.
True. Some have even resort into making wrong decisions by selling their coins at a loss. Without knowing that instead of panicking and complaining, it’s a great opportunity to accumulate more of the coins since they are sale at a bargain price. And mostly those who behave like this are those who enter the market just for greed, not realizing that it could lead them into losses than attracting profits instead. |
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As an individual, your eagerness to help and share what you have is always our best asset. But did you know that we can only give and best influence others if we are giving them the best version of us. That is the reason why newbies instead of teaching other newbies to learn, just focus on yourself first. Be more encourage to learn and embrace new ideas that will help you grow as an individual and as a member in the forum. Otherwise, your best potentials will never be seen in you especially if your focus is on other people and not on yourself.
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Earning money online is far superior to working at a physical establishment during the day. Although offline is highly appreciated and difficult. Trading is a great approach to find your true self. It will put everything to the test, including your greed, emotions, patience, discipline, how you handle failure, control, common sense, and resolve. I strongly advise anyone who is going through a terrible time in their life to learn to trade since it provides them a clear sense of purpose other than waiting for jobs. So, which is better, online or offline?
I cannot say that trading online is way more profitable than an offline job especially for those who are only trading with limited knowledge and skills. But if we can keep our job and do trading as our side hustle, I guess we will come to maximize our income. There’s no need to chose actually as both are profitable if we do it to the best of our capabilities, but working on them both will certainly make our life create big changes especially when it comes to our finances. |
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I was kinda surprised when I read the news from Financial Times that the cross-section of the UK's MPs that seems to see it as needless to regulate cryptocurrency suggested that it should be viewed as "a form of gambling" and be regulated as such.
Without relying on my own understanding of "gambling," I quickly used the help of the Oxford Dictionary through Google, and it states;
1. Play games of chance for money; bet.
2. Take risky action in the hope of a desired result.
The second one seems to fit crypto best, so it's clear they know what they are saying.
Now, do you agree that crypto should be seen as a form of gambling? And if this eventually comes through, what should we expect as the constraints it might still bring to the crypto space?
Crypto may be considered a form of gambling for those who are taking risk unknowingly. Since they are not aware on how to deal with it and knows nothing about risk management, then most likely everything will fall into gambling. But for everyone who has high knowledge and made lot of experiences from crypto, knowing it gives certain profits as long as you do it will skills and working strategies, then it’s too far from the outcome of gambling. |
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Right! He needs his father now more than ever to guide him and steer him towards the right direction so that he will not be in an unwanted situations because the boy now has enough money to do what he wants and just because he's just a boy even though his age is already legal to do some things, he can still do some things that the father could not imagine as they money he have now can make him steer into a different direction that is different from the father's teachings.
Fathers are the best presents to children because they lead and provide stable pathways for the youngster to explore in the modern world. Gambling without the knowledge of the parents implies that the youngster has been betting for a long time, most likely winning the Lotto and attempting to celebrate with his father; perhaps the occurrence caught his father off guard; I understand where his guardian is coming from. Winning such a large sum of money through gambling is one of the first steps toward escaping poverty. Finally, the finance balance has been activated, and the primary objective is to shoot solid targets. Considering that the boy was able to gamble all by himself is already a good reason to do it himself and decide for himself whether he will gamble for entertainment or for whatever reason or not. Respect is always on the table even if he caught his father off-guard by handing him that huge sum without any knowledge that he's been into gambling for quite some time already, what I don't understand is, due to the lack of information by the OP, why did the father rejected it. Is it because of their religion? Or because the father is very strict when it comes to gambling? As he knows for sure that it's very addictive especially if it's not used properly. |
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During the bullrun season of course we just trade it because if you trade you can accumulate your favorite altcoins,
so that there are more of them and sell them when they reach a new all time high, but if we choose hodl, then our altcoins are just that.
if you accumulate these altcoins and increase the number of coins, your profit will be much more.
That will be a huge mistake instead of hodling it down and wait for the bull to run next year or in the next few couple of months, you should know that holding and trading is different because even if the goal is the same, the outcome will not be the same if you will try to trade what you have during the hold season because there's never a guarantee that the price will wait for you until you're done with you goal. My advise is, separate your portfolio from the ones you want to trade and from the ones you wanted to hold. |
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[....]
Last season before it started, it was the Boston Celtics deemed as the favorite to crown as champions and it stayed that way until the end of the regular season. I wonder which team would be favored in the next season. At the current rosters, my bet is on Denver Nuggets the defending champions, or the Phoenix Suns. With Beal, the Suns once again have 4 All-Star starters and looked stronger than the previous season.
I am pretty sure that there are many teams that are interested in Chris Paul. A buyout is very possible knowing that the current Wizards team is not at the same level as the other top teams. And if I were Christ Paul, I will spend my last years in the NBA on a serious team as much as possible.
Celtics will still be up there as one of the favorites. How about taking CP3 in exchange of Smart? I think that will be a good deal for both teams since Wizards will likely let go of him anyway. Celtics will get a real point guard and a veteran at that to finally push this team. Chris Paul should have no problem in this since he'll be in a good team while Tatum and Brown will benefit from his mentorship. That should be good if the Wizards will just accept a 1:1 trade for Marcus Smart in exchange for Chris Paul towards the Boston Celtics, but I really doubt that though because even if the latter is not the player he used to be, he still have a good figure in his head and that could really cost the Celtics some few picks or at least players just to get Chris Paul on their line up. Overall, it will be big help for the team if they are able to get CP3. |
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I actually think that if Binance really does fall for whatever they're going through, then there's going to be another exchange that makes it big in the crypto space with a lot more users. Because users who used to use Binance will definitely move to use other exchanges that are no less good than Binance even though the effects caused by this are not wanted by many people, which might result in a decline in the price of cryptocurrencies.
This is true. There will always be other exchanges. But then it might lead to more troubles because people will now start using various exchanges and they might not know which is trustworthy and which is not. For an exchange to be as big as Binance, it will take time. It takes time to build trust, especially the kind of trust that Binance has built with its customers. If Binance completely does down, it will affect Bitcoin price but that's all it will do. I don't believe it will go below $16k though. That is very much expected if any big exchanges will have some troubles and worse shut down, especially if it's Binance who have already been trusted by the public. But all of this will be temporary and the prices may go down for quite some time while investors are still figuring out a way to find another trustworthy exchange that can replace the Binance, after that, there will be a correction that will restore the order and so the prices will rise again after the doubts. |
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Now, Canelo's camp is aiming for an easy task, a money making a fight with lesser risk instead of taking good competition
to bring more boost in his career.
So, Canelo will no longer pursue a rematch against Bivol? I thought he was willing to solidify his legacy by avenging his loss to Bivol. Perhaps he was just too emotional after losing the fight and wanted a rematch right away. However, he may have come to realize that, given Bivol's weight class, it would be difficult for him to secure a victory. Talent-wise, Bivol is superior than Canelo for me. He has good defense that's hard to crack that even Canelo's lethal body shots won't have an effect to Bivol. A rematch at the Light heavy weight division would still yield the same result, a Canelo loss but if it is in the Super-middleweight division, there is a chance that Canelo would win but it would be very risky for him as he will defend all his belt on the guy that beats him already so i think it is unwise for them to fight Bivol for now at either LW or SMW division so best for them is to cherry pick once again hehe. It's up to him if he can ignore what are the people is saying and ignore the money the fight could offer and bring to them, but as long as legacy is involved. He surely wanted to even out his score with Bivol, but as of this time, and as the time goes by, his chances are getting much lesser and lesser especially after what he have showed to the audience in his fight against Ryder where not everybody or majority was impressed by his performance. |
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Well, i hope everyone has the same thinking as you. But, nah, some or most of the people here trust these kind of exchange (e.g binance, poloniex, Gemini, coinbase) than trusting their selves when holding large sum of money, and taught it will be at risk if they are the one holding it. As lazy as what they are doing to their money to banks, then unfortunately suffer when times comes to very worst.
It is true that exchanges you mentioned in your posts have maintained the trust of their account holders since their establishment, by successfully maintaining security of funds and mitigating hacking issues. We also need to acknowledge that exchanges play vital role for development and growth of crypto industry, and in providing liquidity for executing our trades. Despite all these advantages, it is in our best interest to maintain funds in our own wallets because past performance doesn't guarantee future results. Even after these facts, we should still know and stick with the reality that it is still risky to hold a large sum of funds inside any centralized exchange because as long as we don't have the full power on our own coins, it's safe to say that it's not safe and we do not have 100% control of it. Even if it's the most successful and most trusted CEX in the planet, there are still no guarantees that it will be safe to store it. |
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The closest that we can see the odds in my opinion is Tapales, another good Filipino boxer. So the plan is as we have heard is that the winner of this fight, vs Marlon Tapales next for unification.
So if that happens then we can compare at least what will be the odds for Casimero. As if we are just changing the name of Tapales here. So before we talk about Casimero vs Inoue or Fulton, we will see first Tapales vs Inoue or Fulton and I think it will be a great fight although going to be very hard for the Filipino as he needed all the tools to beat either boxer.
You are right there mate, WBA has given the clearance to Tapales to fight whoever wins on the Inoue vs Fulton fight, they have not ordered Tapales to defend his belt via mandatory defense so this action is good for the Filipino pug. But for me, Casimero has the higher chance of defeating either Inoue or Fulton but he has to do his thing first (win every fight) before calling out whoever will be the unified champion in this division. For his part, Tapales is already a big winner by just fighting for the unified belt as i think this could be the biggest purse that he will receive in his boxing career, that's for sure. Yes, I also believed that Tapales really did a good job in his career, as opposed to Casimero who seems to have to reset everything right now at 122 lbs. So it's going to be very difficult for Marlon to overcome who ever he fights next for the unification fight. But who knows, he had a good year already, and upsets can happen anytime. And even if he loses that belt of his, he will still be in the rankings and maybe will be given another chance to fight for the belt or face tough opponents. So definitely there will be exposure for him. Just watching Inoue vs Payano riht now, https://www.youtube.com/watch?v=OxRLwFkrWgQ. That straight right hand though, it's crushing. Before Casimero's career took a downturn, he was already nearing his peak, and his success was more impressive than Tapales'. He had notable victories that contributed to his ongoing popularity, even though he is no longer a champion. Therefore, I believe we should trust him. As long as he maintains his patience and remains focused on winning his upcoming fights, there's a good chance he will have another opportunity to fight for a championship in the future. And I think Casimero has learned his lessons from that huge mistake, and if I'm not mistaken, he has a whole different team now, taking care of him (he has a Japanese manager), and most importantly the people behind him, trainers, nutritionist and others. And we have seen that he has won 2 fights already, although the first win was questionable or at least very controversial. But we should wait though, we can't compare his path with his fellow Filipino Tapales. Marlon is enjoying more successes now as he is a 2 belt champion. Nevertheless, we know that Casimero is still very much on the hunt for a belt in the super bantam. It's definitely the latter and not the questionable win because he totally deserved that win, it's just that his opponent, Ryo Akaho, faked everything and that the back of his head is hurting after receiving a punch from Casimero. Fortunately, IIRC, Casimero and his team did reviewed it together with the rest of KBM and found out that Akaho was just a good actor and was afraid to take the defeat into his career. Gladly, all that is behind now and Casimero is steadily winning and upping his ranking. |
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I don't know how I make decisions as a boy.
My father is a military man. He has served in this military sector for 25 years. His term of service is almost at an end. After two months he was going to retire from the job. He will get retirement pension after his service life in the military sector and he has many plans based on this retirement pension.
His first dream is to build a house with this retirement money. But right now in my country all the materials needed to build a house are very expensive so building a house right now can't be a good decision. And I don't feel safe keeping his pension money in the bank because earlier there was inflation in my country where some banks went bankrupt.
So right now I am not able to give him any proper advice as a boy. But one thing I've been wondering for a few days is if I invest half of my father's retirement allowance in Bitcoin, am I doing something wrong?
I feel like if I invest half the amount in Bitcoin for a year after receiving his retirement allowance, I might be able to hand over more money to my dad at the end of the year.
Hope I get proper advice from you.
As a boy, you should try not to think about these kind of stuff because first and foremost, it is not for you to think about. Don't take it wrong, I understand that you're just trying to help your own family especially your dad because that money is a present for him from working 25 years straight in the military, now, instead of thinking hard what would be the best thing to do with it. Why not ask your father what he wanted as it is his retirement money in the first place? Aside from the house that he dreamt of course because we all know that it's just a liability especially if the land is not yours or the land is not situated in a place where its figure can go up to 2x to 5x in the next 5 to 10 years. |
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3# DOGECOIN
Dogecoin is an original coin and has been around for a very long time. Dogecoin is very famous because of Doge and it will always attract some people to buy it.
Compared to copies, like Shiba Inu or Elon Doge, Dogecoin will always be an original coin, not a cheap copy.
Dogecoin can be promoted easily because it's a timeless coin.
Yes, it can be promoted easily and it is indeed a timeless coin but OP, you should know that this kind of altcoin is also reckoned as a meme coin where most investors are not that interested to invest in it because of the risks entailed with it. While it may give and grant you the profits that you wanted but it will come to you at a high price because you can't possibly know when will it move again and start to make a rally. Therefore, investing in this kind of coin is pretty much not advisable to do. I mean, there are a lot of coins in the market right now that are less risky yet profitable. |
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Don't invest in XRP. Most people say XRP may go at least 20$ after they win sec case. Bro it's been 14 years now and it's still in the same place. Instead of investing in XRP I will suggest you to consider about Arbitrum, EDU, Hooked protocol, RNDR, CHZ altcoins. Because their use cases are good. Also try to invest more in ETH and BNB and less in altcoins.
But let's say If I got 1000$ to invest I will invest 600$ Bitcoin. 150$ In ETH another 150$ In BNB and last 100$ in altcoin. Why? Because BTC is the always king and BTC show us strong movementd always when others are dumped 70-80% inbear markets.
Why do you say $100 in altcoin mate? ETH and BNB is already an altcoin or an alternative coin for BTC. But yes, I do agree, XRP is quite dangerous to invest on and personally, I'm also keeping a safe distance with that specific coin because I don't think that it will give me the profits that I wanted in the later years compared to the ETH and BNB that has been very well in the market especially in the recent years. |
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Living expenses if only for necessities such as food or monthly payments are reasonable. But usually people are too ambitious to fulfill their prestige with goods that are very expensive but those goods that cannot be stored for a long time will experience price erosion. Therefore, people who think the cost of living is expensive are those who continue to obey their prestige even though it is only their desire to be able to have things like other people have even though it is not a necessity of their life.
We can always chose to live simply even if inflation is here for good. As long as you have your own job to support and pay your monthly bills, then rest assured that you will still survive despite of the goods and services prices that continue to surge. But if you live life according to the norms and trends in your surroundings, then expect that your finances will never be enough. The cost of living will certainly kill you in the end. I understand what you're trying to say mate but you should know as well that your job is not going to support you permanently as that is just a temporary one even if we say you're already a regular at your job or does have an authority over the others which make you higher. Unless you are the owner of the company and does have a vast network of investments, then you can somehow say that you can really survive without worrying about the inflation because you are always producing funds even if you're sleeping. |
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many folks have said that he (Jokic) brought the playing style of Europe towards the NBA.
And the truth is that from other region are the ones that's dominating the NBA on its own land. When I saw one article about how the Miami Heat was defeated twice by a European, it made me smile. Dirk Nowitzki and Nikola Jokic. Truly, the NBA today is changing, thanks to the Europeans that had been coming into the league. Who knows, maybe Doncic is next. Another player who plays differently from other players. No such thing as the "hops" or "speed" but he can definitely score inside by only using his brain and his strong body. Vice versa of Ja Morant who is relying upon his speed and hops. Nikola Jokic changed the way we look at NBA and especially at the younger players who never saw how Magic, Bill, and Larry did it. It's almost like this, the Joker revived a strong big man, not like a "Shaq" big man but more of a versatile big man. And, I have no doubts Jokic will keep on passing more records from way back some of us were born. It just seems that the NBA isn't marketing Jokic for some reason but it's good that these Europeans have made a lot of changes to NBA's basketball. Whilst those teams aren't focused on having a big man that can do almost everything, shoot outside, assist, get free-throw shooting, rebounds. Almost everything. The Nuggets is so blessed to have Joker and they've managed to take care of him until they've finally got their first ever NBA title. The same with what Dallas Mavericks did for Dirk Nowitzki, they didn't let him go, took care of him, and somehow managed to get a championship with him. I love teams that do this, just being patient and waiting for the right time with one loyal player. I wish the Denver Nuggets will do the same thing for the Joker, become the face of their franchise, and better a duo that will bring them another championship with Jamal Murray. We can say it is really their time now. From being defeated in the bubble, to Murray being injured and Nikola Jokic shouldering everything yet he still made it to the playoffs without his co-stars. Jamal Murray is the key to their win, he said it and then he did it. He actually knows they will make it this time with his healthy body and then Michael Porter Jr. is also at the prime of his career. The addition of Aaron Gordon is a big one instead of Gary Harris, they now have an elite defender who could stop superstars like KD, Lebron, and Butler. Hopefully that will be the case and that they will really take care of what they have right now because it's not every time they can land someone like Murray especially Jokic who can make any team suffer without meaning it, but who knows, there might be a time that both franchise and player will have some misunderstanding on their contract. But looking at it right now, I think it's still safe that Jokic will remain a Nuggets for a couple more years. |
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For several days now my friend has been asking me for some advice. Telling me that he wants to invest some of his money, telling me where to invest it. My friend works in a private company and he has saved some money from there. With that money they went into business in a four person partnership, initially he made some profit in the business then he suffered some financial loss. My friend knows that I am involved with Bitcoin. He got some ideas about Bitcoin from me. So he wants to invest money in Bitcoin. I didn't tell him anything about the risk of investing. Since he wants to invest, should I advise him to invest?
You ought to tell him everything what you've learned and know about cryptocurrency and bitcoin, to be specific. Because it's you where he got some idea about bitcoin yet he is not that well informed about the reality where there are risks entailed with every coin in the market and before he start to invest, you should be aware if he already did his research first before he starts to deposit some funds so that he will not be surprised about the phenomenon we have. |
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It is possible for the fight to happen if Inoue is willing to take the risk. However, as long as he is under the Top Rank promotion, it might be challenging for him to make his own decision and prove himself against a tough challenger like Casimero.
Personally, for me, it doesn't make sense. Why Naoya Inoue or Top Rank promotions should adjust for that possibility just for the reason that Inoue should prove himself against a tough challenger? Regardless if a challenger is considered tough, then make their way up to be eligible for the title match. In the first place, Casimero's camp is the one to blame for why the chance of fighting against Inoue didn't happen. Therefore, he should be the one to make adjustments, not Inoue or Top Rank making that move. I'm with Quadro Alas, of course, against Inoue, if they will fight. However, if only Casimero's camp did the right thing, he should be the one fighting Inoue in the Undisputed Title Match at the 118 division and not Paul Butler. Would Inoue still be interested in fighting Casimero in an undisputed bout if the previous scheduling issue had not occurred? Inoue and Casimero were initially scheduled to fight, but it was unfortunately canceled due to the COVID-19 pandemic. However, even after the pandemic subsided, Inoue did not make the fight happen. This situation can be quite frustrating, and it's understandable for fans to speculate whether Inoue is unwilling to risk his record by facing Casimero. Just think of this, Inoue fought Donaire twice but could not even give Casimero a chance to fight him. The fight didn't happen because Casimero has problem making the weight. He is the WBO champion that time, and for sure if Naoya Inoue wanted to get all the belts then he has to fight John Riel that time. Casimero will just have to defend his belt against Butler to seal a fight with Inoue. Unfortunately, he can't make the weight so Butler became the champion and then he was knockout by Inoue to get the last belt. If only Casimero doesn't have problems with his weight that time then maybe we already have seen them fight in the ring already. Yes, at that time, the odds are really not in favor of Casimero because his weight is really dragging him down and making him inactive in the industry because of the same problem and just like what happened when he got stripped before he fought Butler, that might happen too if his fight with Inoue have been restored. But that just cannot be as after Covid subsided, another variant hit them again and made the government of Japan to close their borders to all foreign people. |
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