|
I don't have experience in copy trading, but I do say that it is just traders playground, as they are earning big on that because they always get a cut when a trader copies, which we know copy trading is full of, and I've also seen that if you don't have huge capital on it, you can't feel the profit. Though I don't see it as a marketing tactic, I've seen it in those traders who joined to earn more.
|
|
|
|
|
I lived in a third-world country where even when I wore my Bitcoin T-shirt, nobody noticed it or even thought it made me a head-turner, unlike us, who, if we just saw a Bitcoin logo in a store, tended to get curious about it. Also, I haven't tried asking if that person accepts Bitcoin as a payment out of joke since I do tend to say that they don't know it or have only heard of it but are not accepting it. Also, it is very different from before. I used to post on social media about Bitcoin and how I earn it from microtasks, but right now, just to be safe, I tend to keep quiet as a lot of people have eyes on you and will probably rob you.
|
|
|
|
You have no idea, there are few problems that the rich can't buy and same problems happens with the poor too, there is a saying that money can't buy everything, apart from you saying love, that's not the only thing money can't buy.
You can only help a few number of people, because everyone have their limits and if you don't respect your own limit you will end up becoming like those poor people that you are trying to help.
Fixing the problem of the rich is most times hitting a jackpot, because the problem that rich people can't solve always have a bounty on them for the fixers.
You cannot solve the problem simply by giving money, it will not change the life of the person to whom you give money, except for a short period. Give a man a fish and he will eat for a day, teach him how to fish and he will eat forever. From here it becomes clear that it is better to help a person correct the current situation, teach him how to improve his situation and he will be able to correct the situation. Giving everyone enough money will not work. It is just a short-term solution. If you give them money, that will only last for a few days, and then again, they are asking for money, which is also not worth it because instead of doing work, they will not work anymore and will just ask for money. That is why giving them a job or any source of income is more worth it than giving money. I am not sure if you are aware right now that the government is giving some financial aid to the poorest, which I am a proponent of, but others tend to exploit it; they will not do jobs and they just wait on it, though some are lucky enough to use it as capital to have a small business like food or a small store so that they can still accumulate some money from it. |
|
|
|
|
Late bets are a sign for me that you are confused on what to bet, meaning you still haven't decided on what to bet, so I will regret it. I haven't experienced late betting, but I do always bet on time or long hours before the match because mostly I am done analyzing it and I know who to bet on. Though I am not sure with others, late betting means that there is a possibility that you will mistakenly bet on the team that you don't want because of haste, so it is better to always take your time and be as early as possible.
|
|
|
|
|
There are a couple of universities that accept Bitcoin to pay their tuition but not in my country Even though Bitcoin is not banned or legal in our countries but still, few merchants still accept it How much more are the universities? Though those countries that legalize Bitcoin like El Salvador for sure they will accept Bitcoin, Bitcoin is still not recognized by the government There is none so the only solution really is to convert it to your own fiat and pay your tuition.
|
|
|
|
|
I am not a heavy gambler, but are you playing on just one platform? If yes, then that is their algorithm, because mostly I am thinking that in a year there will be a time in which that is the month that they will easily give winnings, like you can have a higher percentage of winning at that time. It is like a quota that they need to achieve before they will give a winning, though I am not sure as I don't have experience owning a casino, but that is the best scenario I can think of, and that month is where they are grinding to hit the quota.
|
|
|
|
|
I've seen a lot of issues like this when there is mandatory KYC. I mean is that if others won, that is where the casino is somewhat not giving your winnings by not passing your KYC. Even though it is already clear and all requirements are there, they probably manipulated it after you've just deposited and won. That is why you should always do the KYC and your winnings will follow, so that it is clear that if the casino won't give your winnings, then it is a complete scam.
|
|
|
|
Another thing to learn is that they should always used their spare money or money not in haste to make use of since most person's always expect huge profits from holding. From my understanding, whenever you are holding it should be for bitcoin only any other currency is at a very high risk because they posses the tendency of losing 99 percent and this alone had sent back people to their past. So why engaging yourselves with trading and hold you should also try as much as possible to only used their spare fund or an amount they spare to lose.
The rule of thumb is always to invest what you can afford to lose because you are right, what if you lose it? Or mostly, the volatility of crypto is so high that you can really lose your money in just a matter of days, so always be defensive, like if ever you lose this money, what will happen to you and your life? If it is okay, then that is good. The problem right now is that when we see an opportunity, we tend to go all in because we are thinking that if this investing is a win, then for sure we will get a massive profit, which is again a bad move because we aren't defensive about what will happen if not, and we are not ready for it. |
|
|
|
Yes, that is one solution that can be done, but in reality it is not that easy to do. I mean there has to be motivation for someone who wants to earn extra income, because if not then they will never do it. And also what must be considered here is the initial capital that they have to spend if they want to make extra money from starting a business for example. Of course we must also be prepared to lose money when the business we start does not go according to plan or in other words our business goes bankrupt for one reason or another.
We must be prepared for all possibilities in this case, but that does not mean it cannot be done, as long as we are willing to work hard and be patient then we will achieve something we want.
And who expect this to be easy? We are not living in a world where each and everyone provided with absolutely everything. If you want to improve your life conditions, you should make every effort because no-one will do this for you. And what can be stronger motivation than living your dreams and satisfying desires? By the way, when I wrote about increasing income, I meant not thanks to another hired job, but by virtue of investments. If you just take more jobs, you won't have time for actual life. But passive income can provide you with both money and time. Having an investment can really make you more financially stable if your business is working well, but for us, or for me, who is just a normal person that is just living from paycheck to paycheck, it is very difficult to take a risk and start an investment because, let's say, if I invest in something that needs capital, I will be sacrificing my budget for it, unless I need to find another source of income just to sustain it. It is better to think long-term, like, what will happen if you have three jobs and you are already 50 years old? Can you still carry on, or is that the time you start investing in something better? |
|
|
|
One undisputable fact about gambling is that is that real gamblers will definitely anything that'll guarantee their winning wether it's legal or not and that's why a gambler will cheat to make sure he wins his stakes.
Morally, it is not a good idea to cheat but because it has to do with gambling, I don't think there are morally disciplined gamblers in any of the gambling activities. So as long as gambling still exist, cheating in gambling is something that's not ever gonna stop
I think those who are gambling addict are the ones that could be ready to do anything just for them to have winning. We don't need to have too much urge for gambling so that it is not going to affect us at all as a gamble when don't win consistently. There are people who love to win and they can do anything to make a winning even by cheating or doing other things that will aid there winnings. The true gamblers who are honest to themselves would not want to cheat at all for them to win in a casino or on a physical bet. It's true, because a gambling addict will try his best to get a win, be it by cheating or not, even a gambling addict doesn't even think about the risks that will result in a gambling addict losing or winning, that's a natural thing for him. . Yes, maybe from the way he cheats they think he will win, but in gambling we don't know and can't predict the wins that we will get right away, but the difference is that real gamblers do that, how to play honestly and hope get lucky, because a true gambler will feel that the victory he gets by acting honestly will make him more confident in gambling. a gambling addict will really do everything just to win because we know that they need money and that winning sure he is already in a lot of debt because of gambling. The problem right now is that if ever the gambler has a chance to cheat mostly in a physical way they will do so, but the cons on that are that other gamblers will not play with you, like what ive noticed recently that someone cheated in a card game which is a physical game after that every time he wants to play no one will play with him as he is a cheater. |
|
|
|
I remember when China announced its ban on Bitcoin, the price of Bitcoin dropped drastically. Then when Japan announced that
Bitcoin was legal tender, and the price of Bitcoin went up.
Regulations affect the price of Bitcoin, but it's kind of limited because the regulations are made for a particular country, and unlike fiat, Bitcoin is an international currency. The regulations of a particular country might affect the price of Bitcoin but it is limited.
Though there were other factors at that time when China banned it and the price dropped, that is one of the reasons why. Also, just imagine that all of the countries right now will ban Bitcoin, and for sure the price will drop because people will be forced to sell their Bitcoin and they can't buy it back because of those regulations. That is why it is a big factor, and right now adoption is increasing, which is why we do hope that the price will increase because of that. |
|
|
|
After big losses expecting big wins I've changed myself. Nowadays on getting mere wins I stop gambling for the day. With sports betting when my bet is on the assured win I used to go for the end result. If the teams into the game were equally strong and if I feel that the result could change anytime I'll go with the Cashout feature when my bet have small profit. Earlier I've experienced losses expecting the big return, and whenever we spend on sports betting going with the suggested low odds bring better winning than betting against the odds.
Risk management and skillful budget management decide a lot in gambling, if you can manage it, and besides, you are good at analyzing events, then you will never allow a big loss of the gaming budget. But for me personally, this is a very labor-intensive occupation and there are other areas in which I can earn much more, so it's like entertainment for me, where I can earn something and perceive it as entertainment. Not really relying on it as a source of income as it is just for entrainment, but again, if we don't win, then for sure the fun is not there, but it depends on what kind of gambling you do, like, let's say, in sports betting, watching the game while you are on bet gives you a thrill and fun compared to just watching it, and no matter if you win or lose, it is still fun because during the game you feel the intensity,but for card games, it seems too serious for me and frustrating mostly if you lose. |
|
|
|
|
People still continue buying it like no one can predict the price of Bitcoin, and right now people are still buying this as an investment and hoping that we will be able to ride it. But to answer your question, it will stay what people are doing right now. As time goes on, lots of countries will adopt it, and people will still be hoping for a bull run. No matter what happens because of the adoption, there will be a bull run in the upcoming years.
|
|
|
|
Bitcoin is good asset when you know exactly when to invest in bitcoin, before now I have being reading articles of bitcoin and when I read the articles of bitcoin I do notice new things every time I read of bitcoin. I notice that investing in bitcoin it needs more research to know when due is the perfect time to invest in bitcoin. And I find out that the perfect time a newbie can invest in bitcoin is when the price of bitcoin is in bear market, like some weeks ago bitcoin drop a different in the market price and its very nice opportunity for short term investors to buy and keep and be ready to sell when the market rise. I was willing to buy bitcoin immediately the price drop but the challenge i have them was I'm not with cash, but I will be waiting until the price fall again, and if it fall again I will not miss the opportunity of buying bitcoin and keep for long term investment
That is really the problem: you can't purchase on that current spot because you don't have money, which is reasonable, but if you already have money, how will your mindset be? because others will tend to wait more, or like they are thinking without any concrete proof that the price will drop more, which again leaves them behind because they want to buy at the cheapest, but turns out it is already a reversal, so they are left behind and forced to buy at a high price, which dumps the price again. What's really the best strategy is that if ever you have money, purchase it immediately because your enemy, if not purchasing, is your mind because you'll tend to not buy it, or worse, you've used up your money on your wants rather than investing. |
|
|
|
Yes, gambling could create bad influence on the people around, but unknowingly, the huge taxes the country is collecting from gambling is a great help like what lottery gambling is contributing in building transportation and health infrastructures that the citizens are clearly benefiting. That’s why no matter how gambling addiction can be detrimental to the people, still number of gambling casinos continue to arise every year because the country’s government is benefiting from it.
That is the truth in most of Western Europe at least,the tax from gambling is huge and it benefits directly the government in offering better public services to the citizens of such country.They know that gambling can get people into bad addiction but I think that most governments clearly call it a "collateral damage" which is providing much more benefits to the government than the damage it is doing to some few individuals and as such that is the reason that most gambling casinos continue to operate without any restriction in Western Europe at least this is the case.I would agree with this,to let casinos operate while the government benefits from huge taxes they collect for them and for those few addicted individuals,well no one told them to gamble and become addicted,no one forced them,it was their choice in the end. They are doing this not only for the benefit of the government but also to protect gamblers to become addicted and overspend their money. In my country, gambling is welcome as long as you have legal papers and permits, authorities will let you run a business with reasonable taxes. It Might said that it creates bad attributes for the community making some people fall in love with gambling but aside from that, this will also give happiness and jobs to others. Also the tax, but mostly the biggest effect on this is that it attracts more jobs because in my country there are tons of casinos that the owners are coming from all over the world as they knew that there are tons of people here that want to gamble. That is why there are tons of casinos here, and mostly when we hear it from the news, it can help people in jobs, and also again, the taxes, which is why the government supports it and helps them also in finding those illegal casinos and closing them down. |
|
|
|
|
For sure, if your mother invested 2 years ago, she would get angry with you because the first price of Bitcoin 2 years ago was bigger than the current price, meaning you've lost money on it around 40%, which probably mocks you about it. So before telling someone, not only pressurize them but also ensure them that there is a probability of losing all your money because of it so that they are aware and not just seeing the huge price of it.
|
|
|
|
Of course, you should be really careful when playing gambling. Because it is also difficult to earn money nowadays so you should be careful especially if you gamble it. I see a lot of people who just bet, they don't think properly, as if they don't have a plan.
You should have a budget of how much should be spent on gambling and how much should be saved. You also know when to stop gambling when you've lost so that the money doesn't go to waste. It's not just a random bet.
Set limitations for yourself
But the reality is that a lot of people or gamblers are not doing this. This may be a good thing to do before gambling, but others tend to not do it and just play on what they bring to the casino because their mindset is that they will win and earn money, and they don't plan if they lose their money. If you are really a disciplined gambler, then you will do it, but the hard truth is that only a few are doing this. |
|
|
|
do anyone withdrawn successfully the winning amount and if yes what was the process, it was seamless or you need to pass a hard kyc?
I think it is very rare to deposit a small amount and withdraw a winning jackpot. I once got such a jackpot in a casino in our country. I won 200,000 in local currency but after withdrawing only 40000 my account got banned. That is mostly what will happen, bonuses or depositing a small money you'll tend to lose it that is really their system unless you've people multiple times like a thousand rounds a then it is possible if you are just new then haven't passed yet the KYC then played a single round then win then for sure the caisno owner thinks that you've cheated which then they will noticed and your account will be banned and you cant get your winnings, though right now i dont see any cases right now but before there is and mostly those people end up not getting their winnings. |
|
|
|
You are right, it takes a lot of time to learn how to stay disciplined in all fields of life and not only with your finances, it takes a lot of time because you haven't been disciplined throughout your life and you all of a sudden feel the need of becoming disciplined because you see you are overspending and it is causing a lot of issues for you and your family in the long run since you are unable to have any savings or do anything extra like making an investment and stuff.
So, when you realize that, you will see yourself stuck in a pretty deep well of disorganized actions that you've been following throughout the years and now you want to get out of that will, you will definitely find it difficult to get out of it because you have already built a habit of doing all that.
Yes. I’m glad someone understands you don’t get disciplined overnight. It takes a lot of time along with regular practice and patience to be able to be consistent and in the long run, disciplined. Sure, discipline is important and it would take some good level of discipline for an extravagant spender to quit spending funds on irrelevant things that are not needed. But discipline can’t be instilled into anyone overnight. It’s a gradual and consistent process to get a little bit of discipline to curb any habit. In this case, spending on irrelevant things. A middle income earner with an already disciplined mind would probably not be spending funds getting irrelevant things that are not really needed. I agree with both of you. It will take a good amount of trial and error before you can instill discipline in yourself. You will have to learn how, when, and what in realtime, by experiencing things in order for you to actually apply such changes. You have to gradually and organically grow through a process that will be filled with hurdles, issues, problems, defeat, and success. You have to be patient, understanding, and is actually willing to learn and not just there for the first ride. Mistakes are really the best teacher because they are where you can learn. This is like telling a child to go slow because of the possibility that he might stumble, but again, a child won't know it unless he stumbles. Even with my salary right now, there are really times that I lose my discipline, like when there is stuff that I really want that I go buy, and after that, you'll realize that you are already in a hard situation, so you'll be suffering that time until your next salary. We really need to learn it the hard way before really getting into it. |
|
|
|
|
This is a really interesting topic, but if I do base it on my life and not think of others, I tend to give the keys to my family or something creative, like if ever something happens to me, open this box, etc., but again, that is only applicable to me as that is really the purpose that they can still open it when the time is right. But for others, that is really a problem that even for myself, I dont have a concrete answer, but I thought the will would still be your choice as that will contain all of your properties and assets, and let's say a ledger that has Bitcoin will then be given to the beneficiary.
|
|
|
|
|
Show Posts
