I didn't read that news yet, is it confirmed? Recep Erdogan meet with the leader of El Salvador this week but so far I didn't see any big changes. Turkey is having a big inflation problem with no real solution at the moment. The corona crisis hit Turkey especially hard since the country focuses a lot on the Services and Tourism Sectors. It is not like Turkey has a lot of resources or is exporting a lot of products. Any shock to demand is sending the economy downward directly. On top of that is there political pressure on Erdogan himself. Going for bitcoins as legal tender could help to combat the high inflation but it would also mean that there will be a lot of pressure on Turkey to actually deal in crypto currencies. Turkey is much larger than Cuba or El Salvador, the size of bitcoins that would being used is also much larger.

The bitcoin price might be hurting a little buy in my opinion the overall positive trend is not broken. Investors still like bitcoins, because if everybody would like to go for other crypto projects we would be at a price of 3,000 or 10,000 USD again. It remains to be seen what will happen if we go below the 30,000 USD. I expect that eventually we will see a lot of new investors who were scared to buy bitcoins at the high levels last year, to start buying into the market. At one point all the sellers have got rid of their coins and then prices can rise again. 100,000 USD for bitcoins is still a realistic goal for me.

Welcome to the forum, don't worry we all have started as a newbie one day. There are a lot of helpful things here on the forum where even experienced traders can learn new things. First of all don't worry to make mistakes, it happens and is part of the game. Mistakes are there to let us learn and grow. As long as we can avoid to make the same mistakes again it's all good. Secondly, be careful with who you trust blindly in the crypto world. There are a lot of different projects out there and many of them use advertising on social media. So when watching YouTube videos the creator might have been paid to recommend it to you.

This is good news for the crypto community, because it shows how successful crypto currencies have become in the last few years. The big banks have become threatened by the large money inflow into cryptos. In the past banks where the only one who had full control of the money. Almost everybody has a bank account where his monthly salary goes in. Now with cryptos we have an alternative to banks and don't need to accept all the fees. So banks now try to keep the customers by offering crypto services. For me I rather take full control of my coins myself than to have another bank involved.

Welcome to the online gambling scene, always good to make research before jumping in head first. In my opinion the most important thing when it comes to gambling online or offline in a casino is some bankroll management. Best to use an excel sheet here and write down how much money you have available each month for gambling and how much money you can afford to lose. Making some budget for each week is very important, this will help you to have some form of protection and you willl no lose all your money at once. Keeping track of winnings and losing is helpful to see your progress over time. Like this you can also see where you are more profitable in and which games are not the best for you. A very important skill in gambling is also to manage your emotions, if you lost a few rounds in a row don't focus only on making your money back. You can lose focus of your overall bankroll and adopt a tunnel vision for that evening and in the end lose a lot of more money. Managing our own expectations and emotions is important in both trading and in gambling.

Making 100% return in 2 months is possible but not advisable. The chance of making such returns is lower than the chances of losing money. You will need to take a lot of risk for that kind of returns. Trading alt coins would be one way, but you need to work with leverage to make it to such high returns in 2 months. The time span is just too short in my opinion. Being more realistic and taking less risk would be better. How about aiming for 100% in 2 years? Another approach would be to only take a little bit of capital and lose less money. Alternatively you just go for playing dice or roulette. Here you can make 100% return with close to 50% winning chance.

Nothing wrong with feeling that we don't understand something and want to learn more. It's actually a very good trait and shows that you are reflecting your knowledge. When it comes to crypto trading that is very important. Nothing is more dangerous than the feeling of knowing everything, while in reality we don't understand all the risks involved. It's great you want to learn more, the best place in my opinion is this forum here. Just take a look at a new project that's being promoted here on the forum. There are lot of technical data being provided and you can engage directly with the engineering team. Joining a development call or a telegram group can help a lot too.

It doesn't feel like we are moving into a bear market. We are already in a small bear market but will be close to the next recovery. Falling prices always seem a bit like it can only keep falling until we hit the floor. But who knows what the floor price actually is? Expecting to see price of 30,000 USD or 25k is not realistic in my opinion. A lot of investors didn't sell their bitcoins at 50, or 45,000 USD, so why should they be selling now below 40? Also the lower the price is the more it seems attractive to buy new bitcoins. Like last year when the market rallied again after going below 40,000.

Tried to open that twitter link but it's says the account doesn't exist for me. Maybe there is a typo?

I enjoy checking out new discord communities, maybe you can give the link here? If it's a large community you probably have thousands of people on there. Only issue I have is that number of scammers on discord has been growing in the last month. I keep getting multiple messages per week for some special deal offers which don't sound legit. Do you have such issues too?

The thoughts about the pandemic will stay with us for long time I believe. The two lockdowns we had were a terrible experience and I hope its not going to happen again. Who would have thought that life can change do quickly. Like you I also came back to crypto currencies during the pandemic. Having the opportunity to be part of a more independent currency while the government is taking our freedom away is a good feeling. The only issue I would recommend you to double check is taxes. Even though the government has no real access to our crypto wallets and can't see how much we trade, there are some tax issues. In my country for example you need to pay taxes on the gains you make from crypto trading.

You could try and sell your gambling accounts via this forum. I would recommend you use escrow that makes it safer for you and the seller. As a potential buyer I would always be afraid that the seller just takes his account back. With all the initial information the casino might be willing to reset an account. This could also mean that the buyer of the account gets access to all your private data. Only for a considerable amount I would take these risks. Make sure to always protect your data. What might be an alternative is to consider selling on ebay. Here the buyer has to register with his full name and there are not many scammers. I sold some gaming accounts myself on ebay and never had any issues.

Comparing 1913 dollar value to today's value is a bit misleading on it's own because the salaries also changed a lot compared to 109 years ago. With a good salary today we can save much more than back in the days. I agree with you that inflation is the biggest risk we face today. For more than 10 years we have been in a low interest rate environment waiting for inflation to pick. This is politically motivated so people don't leave their money in a savings account. The government tries to force us to invest our money. To get around it the only real alternative is to save money in crypto currencies. It doesn't seem like that inflation is going to slow down in the near future. The biggest mistake is right now is to keep fiat money at the bank with 0% interest rate.

I can understand his reasoning to use other wallets than paper wallets, but I don't agree with it. For me the paper wallets are an easy and very secure way to store keys and recovery phrases. You face the risk of losing the paper but as long as you have a copy stored with your family for example you are fine. The risk seems much smaller than being hacked and get your coins stolen online. In the end it comes down to how much money is stored and what security measures I can afford. At the moment I can't really afford a completely offline system as a wallet, there are cheap hardware wallets being sold but I don't really trust it. So storing the recovery information on paper or a steel plate seems as the best approach for the average Joe with small wallets.

Wow 400 million is a lot of money and since north Korea is a dictatorship we know that Kim has to be directly involved. How is there no international pressure towards North Korea? I hate all types of scammers, but if a government is behind it it's even worse. It's a bit relieving that they don't only target bitcoins and seem to focus more on alt coins, still any theft is wrong. Can't we find a way for North Korea to be blocked from engaging in cryptos? Like will they exchange that 400 million into Chinese yuan or their own currency? If we can track the wallets the hacker used maybe we can get these funds banned from being sold on any exchange.

International leagues are usually big tournaments that show most of the times the same big teams from around the world. Everything is predicted well into advance, we rarely see an underdog coming out of nowhere and dominate everything. Maybe it's just me but I always enjoy to see the smaller team win. Might be also that they have much better payouts if they actually win. In local leagues there is more randomness involved, there are usually bigger skill difference which also change based on the daily performance of the athletes. Another thing is that there are usually much more games for local leagues because the teams don't have to fly around the world. That's more matches for us to be on.

Oh wow, seriously Elon Musk is back at it manipulating crypto markets? How are people still falling for that? I do like SpaceX and the Tesla cars, but I don't like how Elon Musk uses his twitter account to promote or banish crypto projects. He has a huge followership that will buy anything he prompts without thinking twice.  We know that Elon Musk is one of the whales behind the doge coin market, so promoting it will benefit him directly. But who knows how long tesla will actually accept doge, it might be only a few weeks. I remain sceptical for now.

This is definitely true. Making research on a project and identify if its reliable is important, but more important is to identify the current the overall market position. Crypto currencies like most other asset classes move in cycles, there are 3 parts in the cycle. A upwards trend, a sideways trend and a downward trend. If we don't pay attention to the part of the cycle we are in, then trading becomes very difficult. Even the best projects are having a hard time in bear markets. That's why technical analysis is so helpful to identify these cycles for us. The real difficulty lies in the prediction of how long the bull or the bear market is going to last.

I would argue that the HODL investor don't impact the bitcoin that much, it's mostly the other type of investors that influence the price. A real HODL strategy is not selling coins into a bear market, so there is no further downward pressure from them. This is a good thing and helps to retain some form of stability. On the other side when we are in a rally HODL strategy is also not selling. It just means that there are less bitcoins available to be traded. This also means that the other investors who actively trade their coins have a larger impact on the overall price.

I had no idea where Tonga was but saw it this morning in the news with the eruption of an underwater volcano. Accepting bitcoins as a legal tender can bring a lot of benefits for such a small island country. First of all not being dependant anymore on westernunion is a big plus. Being the largest financial institution that sends money around the world enables them to charge very high fees. The pressure from the crypto market should help lower these fees. Secondly bitcoins can make it easier for Tonga to collect some international funds to help rebuild the country. The tsunami will require an international relief fund which could in bitcoins instead of USD.

For me gambling is clearly fun, it's another form of gaming with money involved. I always liked playing cards as a kid, so poker and blackjack come very naturally to me. Having the chance to make some profits when being lucky is a nice plus. But I also understand that gambling can be a threat for others. In life many things can be fun and will become a threat if we over do them. Like with alcohol, drinking beers on the weekend is fun, but if we start drinking beers every day than it becomes a threat for our health. Same goes for gambling, as long as we do it reasonably and controlled it's fun.