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Is this only one of your sources of income? I mean, how would you provide for your basic needs if you were going to invest all of your profit in bitcoin? Though that move is a good choice, but don't be blindly investing. I know you are familiar with bitcoin; try to invest slowly, like from your profit, let's say 25% of it, and then continue learning because for sure you are having problems controlling your emotions, like what happened to the price of bitcoin yesterday, which for sure caused a lot of newbies to panic.
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Earning online is becoming preferably easy for people since the covid-19 time when people could no longer go for there physical job again. Trading and cryptocurrency investment is one of the things we can do as well to earn online and now more people are going to it to learn and trade. There are so many other things we could do to earn online too like writing for projects and companies, applying for sales representatives, drop shipping and many others we can always do in our comfort zone without any issues or going from one place to another. As the world keep advancing in technology.
Earning in the comfort of our homes is really best, but again, you should make sure that it is profitable. Like you said, if you are just starting out and want to really transition online, then it is not a good idea. Yes, online is very convenient, but if you are not earning enough, that is not good. It is better to go offline for work that is stable than online. That is why others continue working offline, but they made the online one their side hustle as they can do both. Just like me on which i do have a dayjob offline and i do have some side hustle on online on which the income might really be that level with my job offline but at least it do able to patch up some expenses on which this is the primary thing on why you do deal up with some extra jobs for that kind of purpose which it is really a great help. Sooner or later, when your skills is being honed up on the time that you do get sufficient experience then you would really be going into those works or tasks which might pay up even more on which means that you would really be earning more that even with your day job. This is the time on where some people would really be deciding on switching completely on which it would really be a normal approach. For someone who do sees that they are earning more than on their old job then high probability that there would be some switch up. So its a matter of preference on where you would be sticking on. As long it does make your life that sustaining and make no problems when it comes to finances then it would be common sense that you should really be sticking into it. As long as you can do both, then there are no problems with it because you said that you are working on both, so it is an additional source of income for you. If we can do both and our side hustle is not that difficult to do, then it is better to do it because we know right now that the price keeps increasing and our salary is still the same. Others are also doing multiple jobs in a day and almost don't sleep just to cope with this inflation, which I do hope will be resolved soon. Just as advice, I do hope that you will have good health to do both and continue providing money for your family. |
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If you are a really die-hard fan (no matter how much you are into them), then I think it is not best to bet on the opposite team, but as a gambler, favoritism is not included unless you want to lose because you bet to win for that money, and if the odds or if the other team is stronger than your favorite team, then there is no choice but to bet on the stronger one because we know that our chances to win are huge. I am not a fan of football, but I do really like basketball, and when I don't bet, that is when I become a die-hard fan, but if I do bet, I do choose the team that has higher chances.
Naturally, if you are an avid fan of one club, it doesn't make sense to bet against your own favorite team, especially if you are a fanatical fan, of course you will always defend the club, whether in a match that you lose or win, but indeed If in gambling we find a high probability of winning against our favorite team, of course that is a wise thing, because the orientation is the profit generated, I think it is even more necessary to choose a club that has a higher chance of winning than forcing a bet on the team we like but the probability of winning is very small. I also often do that. It is not always our favorite team that is more powerful than another team; it is like they are very strong this year, but next year they are very slow and difficult to win games. Our loyalty is for sure still the same; we are fans of them and we support them. Like in the last NBA finals, which the Nuggets won, there are tons of people I've known who bet on them, but they are also fans of the Heat, which even though they still lose, they still support that team. But when it comes to money or gambling, that is another thing. |
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Earning online is becoming preferably easy for people since the covid-19 time when people could no longer go for there physical job again. Trading and cryptocurrency investment is one of the things we can do as well to earn online and now more people are going to it to learn and trade. There are so many other things we could do to earn online too like writing for projects and companies, applying for sales representatives, drop shipping and many others we can always do in our comfort zone without any issues or going from one place to another. As the world keep advancing in technology.
Earning in the comfort of our homes is really best, but again, you should make sure that it is profitable. Like you said, if you are just starting out and want to really transition online, then it is not a good idea. Yes, online is very convenient, but if you are not earning enough, that is not good. It is better to go offline for work that is stable than online. That is why others continue working offline, but they made the online one their side hustle as they can do both. |
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It is not about money; it is about basic needs. You said that they have farms and everyone is happy. If those people can afford to go to school, can eat three times a day, have clothes, have clean water, and mostly have houses, then we can't say that they are poor, but if one of those items on the list above is struggling, then they can be considered poor. The analytics right now are based on income because if you are in a city without money, it is difficult unless you are in a remote area.
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Can you quit gambling if you make a life changing money and never go back to gambling?
I asked this because those who made some money through gambling near me always go back to gamble and they end up losing everything they once made through gambling.
Is it fine to say that people should not go back into gambling once they made high amount of money? Because the chance of losing that money again is very high, even if they don't use all the money to gamble at once, gambling can take it all back in time.
Have you ever won a high amount of money from gambling and managed to not lose them all back to gambling? And to date, you are still gambling?
Damn it....why would I quit when I have won the jackpot,I will never stop gambling. I can only go for a break to celebrate my wins with my friends and family,the next day I will continue with gambling. Gambling is like a habit and there are many habits that we have that are hard to stop because we don't see it as something bad to us especially when it is not bringing disgrace or becoming a setback to our lives. I can caution my gambling activities when I am losing most times but when winning,it is like,my wins encourages me the more to keep on gambling and that I am a lucky gambler Then you are a perfect gambler, as you know how to control your emotions and prevent more losses. You have your own perspective, and also ours is different because if I do win a jackpot, I will now quit because, in my mind, gambling will take back my winnings if I keep playing, so it is better to stop. Also, with regards to your habit of gambling, if it isn't affecting your finances or your family, then I think there is nothing wrong with it. |
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People are saying that gambling is not good so nobody should involved themselves in it. Fathers/Mothers (parents) are shouting to their sons and sometimes beating them all because of gambling. If you are a gambler, the society sees you as a bad boy or person or a waste person in the family. Parents would be saying "look at your age mates, they are going to school and become a successful persons in the society, you are here playing gambling". They would even say, gamblers steal and thieves.
And really when you look at some of those boys they play Draft game morning till evening. Upon all these allegations against gambling. People are still Gambling. WHY? Is There Any Mystery Behind?
Nobody said that nobody should involved in gambling themselves on the forum, they are warning people to know what is ahead, and that's 90percent loss and 10 percent wins, you will lose more than you win in gambling, this is not too hard to understand. People need to gamble responsibly to avoid taking their own lives when there is too much loan and debts on their necks, in today's environment, no one will know that you are into gambling because you can easily gamble online, they might start knowing when things starts looking bad for you, that's if you are living with family and friends. What I really noticed is that they are just trying their luck at something like the lottery so that it can change their lives, though if we are talking about having debts and financial problems and still gambling, then that is really the problem because there are people thinking that it will be solved by gambling because they are thinking that they will win and that will solve their problem, which is when the problem starts, and that is when you'll struggle more. |
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In my country i observed so many people doing rally and blame the government why the basic needs price rise and the salary is still very low and not enough for daily expenses, is this the effect of the Ukraine and russia war that makes the gas or crude oil so high at price and they pass the gas expenses to the product and it ends to very high price of the basic needs that make us very poor, I see government has a move to resolve the problem but many people are still blaming the government.
I believe poverty is a complex issue and it can not be eradicated solely by governments without active participation of general public. However, it is the responsibility of the governments to create an environment which is attractive for foreign and local investment, establish institutions equipped with modern technologies to empower to educate youth, and use latest technologies to enhance agricultural and industrial products. It is completely difficult to, like, zero out poverty, but if the government can generate more jobs coming from investors, then it could be lessened. But again, even the most rich countries like the US and UK can't end poverty, but they really support those people who are living in poverty. Our ecosystem is really balanced; if there is no poverty, we can say our ecosystem is good, but again, our manpower will be reduced at that time for sure, as others wouldn't do those jobs. |
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Hello friends. Has anyone ever lost bitcoin? I am curious to listen to your stories. My purspose is to educate ourselves of possible scams, or rookie mistakes that we may do, that can lead to our BTC being stolen or lost.
Edit: Back in Feb 2020, I gave my seed phrase to someone on twitter. The convinced me the seed phrase was equal to my address and that they needed it to send me bitcoin. Don't ask me why I was so stupid... I lost approx. 1M sats and I had to start accumulating again. I bought a Trezor and I started reading...
Every person has moments when they are truly pensive. During this distraction, we can't even carefully do the things we need to do. In such a situation, I came back from a few mistakes about bitcoin transfer. Sometimes I forget to look at the address when I want to send money to my account. Sometimes after making the network selection, I question whether I have chosen the right one. These are not scams, just carelessness, but I still experience them sometimes. That is a really unlucky one you've sent to another address. That is why I always double and triple check my address to make sure that is where my bitcoin is going. We know that it is our fault if it was sent to the wrong address. The moral lesson really is to make sure we learn from our mistakes because it is still useless to commit those mistakes over and over and not learn from them. Though the biggest mistake that happened to me was investing in ponzi schemes before, I did learn a lesson from it. |
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I don't know, even though we teach anti-corruption from an early age to the younger generation, it can still change because we cannot control all the environment and outside influences that are accepted and become habits.
In my opinion, corruption in every country probably exists and occurs in every sector of the organization, and in my opinion, corruption is a big current that is difficult to reduce. I think the only way to eradicate corruption is for the country to make strict laws for corruptors.
If corruption can be eliminated through education then all developed countries will have zero corruption rare and only illetrate people will do corruption but we see highly educated people doing corruption. There are many things that give way to corruption and to remove corruption we have to address the causes that are giving way to corruption. The problem with this is that the more you get educated, the smarter you get, and the meaning of this is that you'll now easily see the loopholes in the systems, which is why you'll now try to exploit them. Others also get influenced by those corrupt people and can't say no because it's money or gets threatened. The only solution to corruption is either the government will really investigate this (the president) or the hardest one is to play fair and not do it, and that's for everyone, which we know is really impossible. |
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Taking a loan to invest in cryptocurrencies is a good idea, but we must have the ability to pay, the potential for a price increase can occur in the near future because there will be a major event that occurs every 4 years, namely halving day, of course we must have the courage to buy so make our life better.
That is why others are preparing for it; they are saving enough money to buy bitcoin and hold it until the halving or more because, in the past halving, we knew that the price would reach its ATH after a few months, and I hope all of us can ride this. Even I am saving some funds right now, though it won't be that big for sure as we do have some financial problems right now. Though taking a loan for halving is not a good idea unless you can pay it off in your salary, which, let's say, will be profitable after 2 years, then that is really good. |
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Can you quit gambling if you make a life changing money and never go back to gambling?
Actually, this has been my idea for quite some time, but I have yet to implement it. I've even reduced my target amount. Although I did not deposit with my own money, if it weren't for gambling, my current life condition might be better. Before, I was able to earn 0.5 bitcoin in less than a week and, most of the time, 0.1 bitcoin per week for how many years. Maybe that's why I got stuck in gambling because beginner's luck makes me feel safe and that I can do it again. Which makes me worse. You are very lucky as you keep winning, and that is a huge amount. I think the gambling addiction really starts when you keep winning and earning that huge amount of money. You are really wanting and finding that feeling of winning again, which is really the most dangerous time because you feel unstoppable in your gambling and you want to bet more and more. I am lucky that I haven't experienced this even though you are winning big, as for sure you'll lose a lot now. I am just happy with my small wins and get entertained while playing. |
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Although I still studied, I invested a small amount in Bitcoin. I will get married if I get a good job. Many people give many things to their wives as wedding gifts, I have a different plan. I am planning to gift bitcoin to my wife on her wedding day. Bitcoin is still illegal in my country so I invested with caution. On my wedding day I want to gift half of my investment to my wife.
Should I gift bitcoin to my wife? I want your advice
If you asked us for sure, we would say yes, but the problem is that your wife liked it. Because there are instances where you liked it but your wife wants another gift, and mostly they want a material one. If you can really explain to her what that is and that is your investment, then there is a possibility that she will accept it, but for me, I will not gift my wife a bitcoin. Instead, I will just tell her about the investment that I've made and gift her things that she wants. |
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I see AI development with its positive and negatives. I think AI will increase securities and fight fraud attempts so hard for sure. We can see lot less phishing in future because self learning AI can easily detect those especially with crypto frauds on twitter. On the other hand AI assisted bots in trading can be even better than before. Human users may have hard time trading at markets because of very very developed AI supported bots.
If it will be used for good because AI is really powerful, as we see right now that others are scared of it, it has really many uses, like in agriculture, business sectors, and even for us working people as we use it in our daily lives. In trading, we can use this to have statistics on our entry to see if it is a good or bad entry, but I haven't used it in trading as I don't know how to start, but I do mostly use it at work and treat it as my assistant, which is pretty efficient for me. |
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I know that you really need stores of comics that accepts Bitcoin as their payment method as you are gifting them but I do agree with others that kids nowadays they are more into gadget and phones right now, they are not fun of reading comics that we used to do before, they want interactive videos which I do suggest this video in youtube (The World’s First Kids Cartoon about Bitcoin! ) I've seen a simple clip from Social media about this and I am really amazed at it is very kids friendly and that is a good idea to give it to them, it is better to like play games with them like having a movie marathon on it then having a question and answer after the video as they really appreciate it and that is the time you will give them prizes like candies or anything(giving bitcoin on those age bracket is not a good idea as they can't understand it).
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not only in Nigeria but mostly in all countries, even in the US, where they end up renting some place and it is so expensive. Here in our country, it is still the same if you are in cities, but here in the provinces you can obtain land at a cheap price, which is still good, but the problem is that it is very remote. What's really best about land is that it can make a passive income, like renting it; you are earning money from the rents without doing anything. But again, it is difficult to have one if you don't have a lot of money, which is a really sad truth for us.
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If you have to adopt some strategy to trade then it is always possible to make profit by trading. There are people who do trading business to manage their daily life and continue trading as their source of income. A person starts his trading business first with Bitcoin. The risk of losing money while trading in Bitcoin is low, but there is some risk of losing money when trading in other cryptocurrencies. But a new trader can never perform well if he doesn't have that much knowledge about trading. So even if you invest in Bitcoin for trading, knowing the trading strategy is the most important thing.
If you hold Bitcoin for a long time then there are a huge chances that you'll gain profit but if you are expecting a profit on daily basis then that is difficult because trading is not stable as you think of, even you have a solid strategy there are really days that your entry is not going your way which means you losing, yes there are really traders that making it a business but keep in mind that they invested huge amount on it and their trades are not daily , it takes months or even years and trading is not their source of income as they have other source, if you are just normal person and has only few bucks to do trading and starting out your trading journey it is better to like have a job first and make this a side hustle until you've got a proven record like 3 years in trading and constantly making this profit. |
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In our country, there is no egg shortage, but way back a few months, I don't know if you heard this, we had a shortage of onions, and what makes me angry about that time is that the suppliers are controlling it; they are going to hoard it into their storage, where the price goes up, and then they will then sell it off at a high price. Even the farmer stated at that time that they keep selling and planting onions, so it is impossible to have a shortage, but the government really investigated it and found out there are big suppliers that are hoarding it, and then, in the end, no one got jailed or punished by law. The problem at this time is that consumers are struggling a lot, as it is really needed to cook.
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As for me, gambling is a completely different option. It seems to me that this option is not at all like trading, and definitely requires attention. Without experience, this will not work.
They're different but you can gamble and trade at the same time. I agree about giving attention to detail in trading is complete different from gambling. In gambling, you can carefree because many games are just there for fun and are basing on your luck. Unlike in trading, it's not all about luck but you need analysis and critical thinking in doing your trades. And mostly, if you gamble in trading, you'll be losing a ton, and it is not fun in trading if your strategy is just to gamble. Trading is some serious stuff, as you are really doing an analysis of the market as well as your predictions, and if you just gamble it like you are just placing an entry with your guts and you'll say you will, then for sure that is only because you've got the luck beside you, but that will not last for long as you will now keep losing after that. |
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People are saying that gambling is not good so nobody should involved themselves in it. Fathers/Mothers (parents) are shouting to their sons and sometimes beating them all because of gambling. If you are a gambler, the society sees you as a bad boy or person or a waste person in the family. Parents would be saying "look at your age mates, they are going to school and become a successful persons in the society, you are here playing gambling". They would even say, gamblers steal and thieves.
And really when you look at some of those boys they play Draft game morning till evening. Upon all these allegations against gambling. People are still Gambling. WHY? Is There Any Mystery Behind?
Very good question! Why everyone is against gambling is because it can be highly addictive and can destroy an individual's life. Everyone near and dear to that individual also gets affected because of gambling. Do we have a choice? Yes, everyone has a choice of either quitting gambling or pursue with this habit. When the habit becomes addiction then the actual problem starts. Every gambler would always deny that they are not addicted but they are, they are just lying to themselves. But that choice is really difficult to make. I mean, I am not an addict to gambling, but I would say that for sure those addicted people, even if they say that they are not, are having a hard time stopping, or even if they want to, they can't because it is difficult to do so. The only solution for those addicted to gambling is to seek help from others and professionals so that they can really stop gambling. |
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