Bitcoin Forum
May 06, 2024, 04:13:10 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 [79] 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 ... 344 »
1561  Economy / Economics / Re: Should you save, when you are wealthy? on: April 19, 2023, 09:24:31 AM
It is as a results  of your savings that will make you wealthy I believe all wealthy men in this life had to make sacrifices by saving
Our income are put into place that will yield so that there will be enough tomorrow. Our main essence of ma King money is to be rich and always remain wealthy and this can be achieved by saving while we have the money
Your savings can be of help tomorrow when challenges like payment of school fees or hospital bills arises
rich people have gone through many processes so that they can become rich and it is closely related to saving, someone will not become rich if he has a wasteful nature.

Unless he just got rich because he won the lottery, which is probably the case, he will still lose it all as he has no knowledge of how to manage his finances. For sure, all rich people are able to become rich unless it was inherited that they will save and invest in something; it is really in their minds that they should always save; it doesn't mean that they are rich; they will become lazy in saving mostly if they have more money coming in than coming out.
1562  Economy / Gambling discussion / Re: Why do you favor betting on spesific sport? on: April 19, 2023, 08:55:42 AM
We know more about the team or the players, meaning if we are basketball fans, we know that this team has an edge in this game. Let's say that the star player on other teams is injured, so the other team has an edge. It is not pure luck that even with that analysis, it is still 50/50, but when it comes to this, you can increase your probability of winning.
1563  Economy / Economics / Re: How do feels losing money? on: April 19, 2023, 04:42:21 AM
Some days looks like a curse day, I wanted to keep it to myself but I felt it more reasonable to share. I involved in some business investment which initially the promise was really good after week of deal, I just back from work, I saw a call from my colleague we did the business together and I call back to hear him crying on phone. That the business we involved into is fake and the office is close, the MD has disappeared, for two minutes I was shivering with sweat because that's the highest amount I have involved business so far. Am regretting to have used in bitcoin by now I would have be on advantage with bullish price.

I have not gotten myself this days. Do you feel down when such sudden hits happens to you?

Before investing in any place, you must think carefully.  Because there are many scammers in the present time, investment should be done carefully. I myself have proven that losing hard-earned wealth is very painful. But you must survive in making money and with a healthy mind you have to keep on making money again and again.


Always think that investment is a scam and do your own research, always have a doubts on everything because this can make you curious and will research on it, you will do a background check if that is a scam or not. Right now scammer are getting innovative which sometimes you cant think of that it is a scam. Always learn and ask other testimonials about those investment
1564  Economy / Gambling discussion / Re: Do you take Part in Gambling Lotteries ? on: April 19, 2023, 03:36:51 AM
There are many types of lottery in the gambling industry, which one you are referring to? Is it a lottery where you pay for each lottery ticket with fixed price   such as powerball, or lottery where you earn the ticket by wagering in a casino such as the one in Stake or something else?

For sure he is referring to buying a ticket as for the other one is just you get it for free when having a specific bet. In buying a lottery ticket you could say that it is intentional as you bought it and hoping to win , the other one is that you just treat it as a freebie and sometimes you dont care on it as you already concluded that you have no chance to win it. But again whether what is it still it is a lottery and we are pleased to join it
1565  Economy / Trading Discussion / Re: Is trading good for beginners? on: April 19, 2023, 02:26:14 AM
In my opinion, trading cryptocurrencies is better suited for a beginner than trading stocks or forex. There is more anonymity, more freedom of choice, you can trade at any convenient time. Another plus is that there is no minimum amount (it is convenient for a beginner to trade small amounts).

It is not for beginner it is for all because all trader started as a beginner before they got into a pro trader. The only thing with beginners is that it is not suited for them if they are so greedy and just after with profit because you need learn first gain some knowledge on it before you can start trading. Again trading ia for everyone but if you are not patient enough for sure you'll quit along the way
1566  Economy / Economics / Re: How is the cost of living in your country? on: April 19, 2023, 01:24:10 AM
It is manageable here although life hasn't been easy everywhere but at least nigeria is only country that does not require much expenditure or cost of living
It requires you to secure a job and then know how to manage your income by this you will not notice the difficulties that we face
High cost of living has been a global issue which we need to sort out. the cost of things is not balance and has been affecting how we buy things the way we associate socially
The high inflation rate will also make us have to adapt and adjust our spending for daily needs. Even on the one hand we also have to look for additional income so we can live comfortably without worrying about lack of money. It's like Nigeria and Indonesia have similarities in terms of prices for daily staples. that is, even here in Indonesia the prices of daily needs can still be considered cheap even though there have been many increases. but our income level can still compensate.

If you compare the price in First world country to third world for sure the third world country is the cheapest since base salary in US is big that is why we can say cheap but we base it in our country for sure it is very highe because our salary is not enough. We really need to adjust our spendings because if not you always got short and our salary is wouldn't more enough
1567  Other / Off-topic / Re: Prepare for the life when you get old on: April 18, 2023, 04:06:04 PM
When there is a steady flow of income everything becomes easy to afford but when we fail to invest life becomes difficult for us this is something we all have known and we believe that it is something we should practice many downfall today is as a result of nothe saving and this has lead to inability to take care of your own family as a man our resources or our income may be low but keeping financial records and minimizing our expenditure is important and it helps to assist in times of wants

Saving, setting up emergency funds, and investing must be part of our financial management for the current situation, especially those who do not have long-term assets such as land or property.

The long term assets caught my attention and that is why I always tell people to buy landed properties at the slightest opportunity that they get because investing in landed properties has always proven to be a generational wealth builder.

People die and most times I don't see any reasons to save when we gonna die at the end.
But whatever the case might be, people ought to save and invest for their old age.

I just remember hearing on the news that someone saw huge amounts of money hidden in the house, which were the savings of their father before he died. The family found out after a few years of his death, but by that time the money had no value as it was old paper money, which they also couldn't exchange to the banks as it had already been demonetized by the banks. This is really the problem if we just save and no one knows, and if you die, your family can't take it, unlike if you had bought land and a close family member or relative would have the land if you died.
1568  Economy / Gambling / Re: How does AI gambling sound? on: April 18, 2023, 01:44:02 PM
Can you make bets on horses that are AI vs making bets on real horses? I see a new gambling project that focuses on horse racing only and I am surprised that those horses are not real live horses, I went deep doing research and it kinda looks like players will be the ones fine-tuning their horses 🐎 for better performance and go ahead to head with other players.

Do you think that gambling have a place with the metaverse in the future? I had a dream about being able to gamble online with people that aren't living close to me, we meet in the metaverse and it looks real, I know that sometimes when you think positively about something it is possible to dream about it.

It's very weird, like having a virtual horse that you need to take care of and train so that they are good at horse racing. I haven't heard of this kind of betting, but can you provide links and your research because there are really factors that it can be cheated at or that it is very different from the real thing as there are factors like the horse being tired or not used to the temperature, etc.
1569  Economy / Trading Discussion / Re: 5 Things I've learned day trading Bitcoin for 3 years (successfully) on: April 18, 2023, 11:07:51 AM
As someone who has been day trading Bitcoin for the past 3 years usually successfully, I have learned some valuable lessons that have helped me become a successful trader. Here are five key things I've learned:

1. Never trade against the market trend. The market trend is king, and attempting to trade against it is a recipe for disaster. Following the trend allows you to capture profits and avoid unnecessary losses.


I just remember before that when I trade, I only check the lower timeframes and not the trend or the bigger picture, and most of my trades are against the trend, which at first seems to be working, but there are times that it won't hit my TP and it goes in the opposite direction, which is really the time I should be checking the trend to filter out false signals on my strategy so I can better decide what trade to take.
1570  Economy / Economics / Re: using credit card on: April 18, 2023, 09:24:48 AM
The psychology behind the introduction of credit cards are simple, because people will spend more... when they do not see the impact of that spending. Let's compare "Cash" with "Credit cards" .....

So, when you use cash, you open your wallet and see a wad of notes and you can count those notes and know how much you can spend and you see how it is declining as you spend.

Credit cards are the total opposite.... you do not see the physical cash... as a matter of fact, you are spending something that you do not own. The more you spend.... the less you own, because you pay interest on that spending... so it is costing you more for that item or service than what the buying price is.

My advice : Destroy the credit card, until you can afford it and then only use it when you can pay it back immediately. I only use mine for online purchases and once I paid for it, I transfer the amount from my expense account to prevent the interest.  Grin

I really dont get it why people still using credit card even they knew that they are paying it by the end of month with interest. Also spending the money that even you don't have. I don't have credit card and i really don't know how to use it but i know that you will pay by the end of the month with interest on it, which leaves me confused that if we just used our cash instead? so that we wont be paying on interest? For sure having credit card is like a power in your hands as you can buy anything within your credit limit but again you'll be struggling paying it on monthly basis.
1571  Economy / Gambling / Re: justbit.io asking me for KYC although their site explicitly states no KYC on: April 18, 2023, 07:40:02 AM
Any official information about they never ask for KYC from their user? I just have visited the site and try to read their terms and KYC policy. what I have found there.

See point 14, where they clearly said they reserve the right to ask for valid identification of a user under the KYC procedure for some cases. For asking KYC you can not say they are scams. Maybe they have found something suspicious.

When I first saw the complaint from OP with no evidence and proof of payment to profile wallet to back up his or her claims, I just had the thought maybe one of those regular paid  random guys to do a dirty job on the casino I guessed. 

It was obviously clear from the terms and conditions together with withdrawal policy that KYC was required and that they have every right to demand for KYC when the need arises but OP failed to read through all these before making deposit if truly it happened as claimed by OP that the casino is holding unto his or her funds and demanding for KYC.

but there are possibilities that they have a banner with big letters written that no KYC is required then at the bottom there is a small letter that states upon signing up this is mostly what I noticed on advertisements or promotions to attract new customers, others will say that no KYC but terms will apply so still there are KYC upon withdrawal but I don't see also any proof from OP so possibly dirty tactics from opposing casino to just give them a bad review or etc.
1572  Economy / Economics / Re: How do feels losing money? on: April 18, 2023, 05:38:54 AM
Losing money with a large amount according to our calculations is an annoying thing, I have also experienced losing money with a large amount in my opinion especially since I have almost no other money so I have to owe it, especially if we store assets in high risk crypto so if we don't be aware that you will be easily exposed to a scam.

I am happy if you feel only annoyed losing all of your money because people who lost huge amount of money for sure got depressed, problematic that affects their life and even their emotions are uncontrollable , no words can explain if you lost money that is why others you'll see in the news committed suicide as they cant sleep thinking on it. That is why it is best if you invest on what you can afford to lose so that we can still be good if lost it all
1573  Economy / Trading Discussion / Re: Trading Signals vs Own Analysis on: April 18, 2023, 04:40:05 AM
Actually, why do we should have to believe these signals when in fact, we know that the market is unpredictable in the first place. And besides, we know already that many people had suffered losses from following signals. Because if we think deeply, we can ask ourself why these people are offering help to others claiming that they can predict the right momentum in the market, why not use it personally and become rich? We can't fool ourselves if we don't let them manipulate our minds. Perhaps, it is possible to become better from them.
Most people today don't want to try and don't want to go through the process. They only think about profit, and in the end, they choose to depend on others by joining signal groups, without them realizing that huge losses are in front of them. I have experienced something like this, joined the signal group hoping to make a lot of profit, but yes as you already know, this is just a trick, three months following the signal from the group, apparently, my loss rate was getting bigger and bigger, I decided to do it myself with all the knowledge that I have. You can't run away from the journey you've started, enjoy the process, face the risks, and find solutions.

Basically they want to earn as soon as possible like if they have a capital right now they want to start trading by tomorrow and doesn't want to learn on their own that is why they will search on trading or signal groups to join and follow the signals. Others also tried to learn but they dont have patience and thinking that it doesn't work on them.Even if you found a signal group that lets say you have good wins in the last three months but after that they will vanished and gone how do you trade now right?
1574  Economy / Trading Discussion / Re: Trading Bitcoin in 1 Minute charts on: April 18, 2023, 03:31:44 AM
You cant see the bigger picture. I think this was really taught while we are just learning trading to see the bigger picture because for sure you always be against the trend and also there are a lot of false signals even using candle stick pattern or technical analysis you cant easily predict, it is some sort of gambling on me . Though I dont really see someone using this time frame in cryptocurrency but in forex most of the scalpers doing this which is different from cryptocurrency market
1575  Economy / Economics / Re: Why do people stay poor? on: April 18, 2023, 02:23:34 AM
Poor is a part of life, don't ever dream of eliminating poverty, if there is a country then distributes $100 million to all its citizens then in a month or less there will be new poverty, this is because poverty is a law of nature to be a counterbalance so that life can run.

Even giving them money still there will stay being poor because it doesn't mean that their life will be changed just to give them money. Also just imagine we are all rich who will be going to do the construction? For sure most of us is just in our house not doing anything as we already rich. There are reasons behind it but still we need to strive if we want a comfortable life. Being poor is not easy as you cant eat want you want to eat
1576  Economy / Economics / Re: Does a side job/business improve your finanical stability ? on: April 18, 2023, 01:09:33 AM
We can use a lot of spare time to earn extra income, I also do at least 3 side jobs and the results are quite good, apart from working in the office I also grow short-lived vegetables or fruits such as watermelons, melons, various vegetables, and also raise chickens even in small quantities.
To be able to get a side job or to earn extra income, of course, you need free time to do it. and it seems that you have not too many working hours so you can grow crops and raise livestock. and I think it's a pretty good type of extra income. Actually I sometimes do it in my spare time. but I only grow crops for consumption by the family only. and it can save my expenses a little for vegetable needs every day. for extra income I do it from the internet. because it can be done more flexibly and does not interfere with my business time. and it can indeed help our finances to be more stable.

If you dont have free time you will need to sacrifice things like shorten your sleep or getting relax. I know it is hard and not recommended as our health would deteriorate but that is the only way you can have a side hustle. I sacrifice those things, before i do have time for playing games in my PC but now due to my side hustle i need to give it up and also i sleep at late night but still dont forget to relax like get a good sleep like giving time with your self
1577  Economy / Trading Discussion / Re: Taking loan for investment can be life threatening on: April 17, 2023, 04:17:54 PM
Someone who want to invest in a business and he or she is not Financially stable, he may decide to take a loan which to me i think is a norml thing anyone else can think of but taking a loan to invest in bitcoin is not a welcome idea. Reason is because bitcoin investment is a long term investment and requires patient to hold for the long period.
In my own opinion and conclusion, taking loan to invest in crypto is a wrond thought.

Thats taking a risk; those people who took out a loan for their business have a plan B, meaning if their business is not successful, they can still pay it off, or in the worst case scenario, they have collateral on it with which they can still pay it off. The problem right now is that if you take out a loan just to invest in bitcoin, you have no control over its price, meaning if the price drops, you have nothing to do with it, unlike in business where others will buy your business or investors will invest in you.
1578  Economy / Economics / Re: How do feels losing money? on: April 17, 2023, 02:13:19 PM
This sounds not at all like a business; it would be a ponzi scheme, HYIP, or pyramid scheme the way you said it was promising results, as you know if the return is too good to be true, like three times your investment or more, you should have to think that it is a scam just to be safe. Though, again, for sure you've been persuaded by your friend, make sure that your friend isn't just scamming you because we really know the details on this thing, as there are instances where friends are going to scam you.
1579  Economy / Gambling discussion / Re: Gamble Responsibly on: April 17, 2023, 12:51:23 PM

Everything that's too much is true to be bad. That's why gambling needs to be done seriously by someone who is engaged in it. There are just people who won in one day and then the next day decides to make a living out of gambling like they could win everyday. In reality, we don't profit everyday.

That is really the problem with people; they just tested that water and thought it was not that deep, which is why they decided to swim it out and got drowned as it was very deep. They only consider what they accomplished in a single day, which does not imply that you will win on a daily basis. For sure, they will learn the hardest way by losing a lot of money.
1580  Economy / Economics / Re: using credit card on: April 17, 2023, 11:29:49 AM
i am studying in college, i was really excited to get my first credit card Wink. i thought it will give me a sense of independence and allow me to buy things i could not afford with cash.

though, i quickly learned that credit cards can be a double edged sword. while they can be helpful in building credit, they can also lead to debt and financial trouble if not used responsibly.

at first, i used my credit card reasonably, only for like emergencies or small purchases that i knew i could pay off in full each month. but as time went on, i began using it more and more for larger purchases and impulse buys, without really thinking about how i would pay the balance off.

before i knew it, my credit card balance had  blown up to several thousand dollars, and i was struggling to make the minimum payments each month. the interest charges alone were eating up a significant portion of my income, and i felt like i was going under debt.


OP, NEVER USE YOUR CREDIT CARD FOR "SMALL PURCHASES", ESPECIALLY FOR UNIMPORTANT PURCHASES.

For emergencies yes, and for IMPORTANT large purchases for items/things that you truly need, like a laptop to use to be more productive and earn money, or an item that you can use to start a small business = definitely yes.

Not necessarily. I've been using a credit card since I was 20, in university, with a small credit limit though. I always paid the monthly bill on time and frequently used it for petrol, groceries, or even other purchases because I was receiving a small cashback each time. Now I have a proper credit card with a large limit that I used to buy my motorcycle in interest-free installments, on which I also received cashback. I'm using it almost everywhere to take advantage of it; it's not too much, but it's still better than nothing.

The trick with credit cards is to pay them always on time and to not fall into the trap of installment payments, buying things you don't need or can't afford and going into debt for several years in order to repay them.


Petrol and groceries are things you need, it's definitely OK. I'm talking about those small purchases like trendy clothes that you don't need, or something like sunglasses, just things that we want and don't truly need. Because if you can't afford to pay in cash, don't pay for that on credit. It would be a different situation if the person is rich.

But it is more better to have not a credit card right? I don't know if we are the same view but for sure you'll be tempted to buy those things as you have your credit card with you , to force your self not to buy those things it is better to have cash or something card like debit/visa card that has money on it and then swipe it if ever you buy something because that is for sure you can buy it as you have your money with you unlike in credit card that you will do it monthly meaning you don't have money on that
Pages: « 1 ... 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 [79] 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 ... 344 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!