Latest posts of: angrybirdy

Quote from: coin-investor on October 30, 2023, 03:34:07 PM

First I would like to state that Gambling is legal in our country

This is my friend's story, business is not good in my friend's store which he owns the location is highly commercial but he cannot compete with the large and popular groceries nearby so he decided to stop operation and just offer to lease or rent it.

Because of the location a lottery agent who has a license approached him and is looking for a good place to set up his lottery, my friend's place is very much suited because there's no lotto outlet in that place, and with so many people coming and going and the fact that lotto is very popular in our country, the agent wants to lease at a very good price and a share of the income of the lotto.

He thinks that with the lotto outlet, he will encourage people to gamble which is against his morals so it is a battle between his conscience and the profit.

So what's the best decision to take he is afraid if he lets go of this opportunity the lotto agent will eventually find a location in their place and eventually lose the opportunity to make a profit.

First of all, since you've said that lotto is legal in your country then I think there's nothing wrong if your friend accepted the proposal of lesse. For me, when it comes to practicality, I will accept the offer, in that way you will generate an income and you will get a commission to the lotto income and that's a big hit. Just Face the reality and accept the offer, that's how business works.

Quote from: Marvelman on October 30, 2023, 12:00:44 PM

Quote from: Russlenat on October 30, 2023, 11:44:31 AM

Quote from: Outhue on October 30, 2023, 06:51:14 AM

Later he open up to have been using $500 for gambling per day, he said all these started when his wife left him, that he isn't into gambling at all, but I can't ask why his wife left him in the first place, but does loneliness make people become addicted to gambling or it's something else.

It's evident that he turned to gambling as a result of loneliness, which initially set in when his wife left him. Perhaps he was already feeling quite miserable. However, I can't help but wonder, is it true that he's spending $500 per day? That's a substantial amount of money. If he's living paycheck to paycheck, I believe he's being quite irresponsible when it comes to gambling. This form of entertainment can be very risky for him.

Yes. The fact that his friend is gambling large amounts daily is worrying for sure. Loneliness pushes people toward addictions sometimes, no doubt. But there's usually other emotional and psychological stuff going on too with full addictions. Its complicated.

Addiction to anything - gambling, substances, whatever - has many layers to it beyond just loneliness. But loneliness can be a gateway. It's a starting place for understanding what's up with his friend, imho.

I agree, an emotional unstable individuals are also prone to excessive online behaviors as their coping strategy to escape their everyday problems and loneliness. Since loneliness is an adverse emotional state, those who suffer from it are motivated to reconnect with people. Anyone who suspects that they have a gambling addiction should seek help. A medical provider will be able to refer the person to an appropriate treatment provider.

Quote from: bhadz on October 30, 2023, 07:48:08 AM

Quote from: DabsPoorVersion on October 30, 2023, 03:36:26 AM

Hindi sa mainipin kaya ayaw nila ng legal na diskarte, kundi ayaw nila dumanas ng hirap sa trabaho. Maraming tao ang gusto kumita ng pera ng hindi nahihirapan, ayaw magbigay ng effort, kumbaga easy money ang hanap ng karamihan. Kaya mas pinipili nilang kumapit sa patalim o illegal na gawain. Pero totoo, mahirap humanap ng trabaho ngayon lalo kung na-tengga ka ng matagal at susubukan ulit mag apply ng trabaho.

Tyagain lang din sa pag-apply para sa mga natengga ng matagal at totoo yang maraming tao ang ayaw mahirapan para kumita ng pera. Mas gusto nila ang easy money na kahit na yung pera na pinaghirapan nila ay idadamay nila para lang kumita ng easy. Madaming ganyan sa panahon natin ngayon dahil akala nila wais sila at wala rin namang problema sa mga ayaw lumabas sa kanilang comfort zone. Ang tawag kasi doon ay stability at lalo na sa panahon ngayon, kapag lalabas ka sa comfort zone mo tapos hindi ka handa sa magiging resulta, ikaw din ang magiging kawawa dahil sa hirap ng mga dinadanas ng marami ngayon, mas gugustuhin mo nalang mag stay sa comfort zone mo basta kumikita ka ng malinis at stable.

Kilala ang mga pinoy bilang hardworking person, pero sa panahon ngayon lalo na yung mga nasa mid-age, totoong ayaw nilang makaranas ng hirap, Mas pabor sila sa easy money kahit walang kasiguraduhan. gumagawa ng ilegal na bagay, nagsusugal, Etc.. Iilang pinoy ay nakuntento nalang sa kung anong meron sila dahil bukod sa di mga nakapag tapos sa pag aaral gawa ng hirap sa buhay, nahihirapan silang humanap ng stable na trabaho, dumagdag pa yung inflation rate, sa taas ng bilihin ngayon, kahit anong pagtitipid, hindi talaga sapat lalo na kung minimum wage earner ka, what more pa yung mga nakatengga at umaasa lang sa mga sideline diba? Ang sakin lang, Walang madaling trabaho, magiging madali lang ito kung gusto mo talaga yung ginagawa mo.

Quote from: Docnaster on October 30, 2023, 10:39:53 AM

Quote from: moneystery on October 30, 2023, 10:15:40 AM

different people must have different opinions, some say that it is greed, some say it's a matter of risk. but i have the view that it is a risk. he took the risk of gambling the amount of money and hoped that he got the reward. maybe he has his own analysis and believes that he can win the bet. moreover, he seemed confident that the team he held could win so he did not hesitate that gamble of that much money.

When it comes to gambling, a gambler is expected to be greedy in his decisions sometimes to be able to win big but one thing to be considered is if he'll be able to afford the effects of his greed when it doesn't go his way.
It's is the ability to take risks when necessary that makes one a true gambler. So wether greedy or not, the goal is to win at the end of the day

Well, most of the gamblers tends to be greedy especially if the desire to win is in peak, To the point thaf they will forget all the limitations and bounderies that they've set into theirself. Risk and being greedy has a difference because being greedy is you're not sure on what you are doing, what's on your mind is to gamble and to win, however when it comes to risk, you are aware on your decision and you think it so many time before you proceed on your plan.

Quote from: Pandu Geddon on October 30, 2023, 04:14:55 AM

Quote from: Assface16678 on October 30, 2023, 04:09:10 AM

Nowadays, we notice that young people are the subject in most crime cases of rape, killing or gambling, because even you said that children or young should take their part too it, in reality they were not its because they still need a guidance from whom? Of course, guidance from their parents. I know always parents are not to blame always always for their children being in gambling or crimes, but notice a large percentage of young age being associated with gambling or in crimes are the children's that doesn't get enough attention and guidance from their parents, also the poverty are to one also to blame, that's why many young age will find a way to earn money in result to their exposure to gambling. You see, without proper guidance, children will be on the wrong path. So, even if the online casinos set up a minimum age, the age will still find a way to access it because the rules are easy to bypass online.

The role of parents is very important, especially in introducing something good or bad. something they can do or not. and there must be responsibility for all actions. that will make teenagers more responsible for what they do. To be honest, teenagers will be very difficult to control. What parents can do is provide understanding and reasonable reasoning to their teenagers.

even though gambling sites can be accessed by anyone, not even bound by age or gender. no matter rich or poor, those who want to gamble must be responsible with their finances. Don't let it involve or even harm other people.

Having a good communication and comprehension between parents and their child is one of the major thing that needs to prevent having a vices at the young age. As you've said, Teenagers is quite difficult to control because they are at the age wherein curiosity is a high level. better to talk with them and explain what will be the effect of being involve in gambling at such a young age. Living in this modern society, we can't deny the fact that kids (under legal ages) are more open and aware about how gambling works.

Quote from: yazher on October 30, 2023, 04:40:23 AM

Quote from: Jemzx00 on October 29, 2023, 02:49:46 PM

It really isn't necessary for us to tell people about our gambling habits or activities even with friends or family. I, too, live along with my parents and I have never told them my gambling activities online but I'm sure they're aware that I'm gambling as I casually visit local casino malls. Its not really about being discriminated by my family or friends but rather it's something that isn't necessary to talk about unless you've hit jackpots.

I think it's not the same situation when it comes to other people because like for example in our country, parents are more responsible for their children and always look for them whenever they are not around, and guess what? they always knew what they were up to and sometimes they found them in the gambling den along with their friends. that's why it depends because you cannot just hide it when you have that kind of parents who always look after you. I remember my friend got beaten badly by his dad after he was found gambling with cards along with the adults in the other village.

Having that kind of strict parent will ended up having a child who tends to hide everything to them, I know that they should be responsible but please set a boundary, do not let them interfere in your decisions and privacy. Also, As long as you know what you're doing and you're aware in the consequences of the things that you do, then it's very okay to not let them know that you're into gambling. I mean, i didn't say that you should lie to your parents but set a boundary, not all the things in your life should have know by your parents.

Quote from: Hispo on October 29, 2023, 09:54:52 PM

Quote from: goinmerry on October 29, 2023, 08:24:07 PM

Quote from: Lida93 on October 11, 2023, 02:08:54 PM

From their conversation it was obvious that they were a circle of close three friends that gamble together.

This is the problem to some people especially when just a passerby listening to a conversation between two people, being assuming.

How come you conclude right away that those people involved are CLOSED to each other and best friends? Since you don't know the real story behind their conversation, it doesn't make sense to judge the winner as that was surely a personal issue.

Next time, let's not only look at one side of the coin. The winner was judged quickly on this topic without getting its side.

That is what I thought initially when I first saw this topic, by the way.
Even if those people are close enough to be considered "best friends", one still would never know the whole context of the story behind someone quitting hanging out with their best friends.
For example, let us assume you had a very good night at the casino with your best friends and you happened to hit a jackpot, using your own money, in a blink of an eye now you are worth several hundreds of thousands of Dollars (at the very least). How would you feel if next time you hang out with your friends, they start to treat you differently and expect you to pay for their drinks, their food and their wager to gamble since they know exactly how much you have now in your bank account? Anyone would feel uncomfortable having people around who knows that kind of information about you, even if they are family members.
So before judging one side as the bad one of the story, let us put ourselves in the shoe of them.

That's how society works nowadays, it's easy for some to judge and to conclude without knowing the real context of the story. We didn't know if they are real "close friends" or not, some may assume that they are included as their close friend wherein fact that person treated you as a colleagues or just a co-gamblers. We can't blame that person if he/she wants to avoid the, maybe there's a deeper reason and sometimes it's better to be left unsaid.

Quote from: krishnaverma on October 26, 2023, 06:31:11 AM

In a deal, 2 years ago, I asked the seller of a real estate project, if he will accept crypto for plot but he demanded some extra money for this deal. So, I was not able to close the deal but may be in future, I can buy something unique with crypto.

What is the most weird thing you bought with crypto?

In terms of buying weird things with crypto, I haven't tried it yet. Most of the time, I only used it for some important purchases but converted into cash. I'm still hoping too that bitcoin will be used as a mode of payment when it comes to purchasing real-estate. Here in our country, there's some island that accepted bitcoin as a mode of payment for their services offer.

Quote from: khaled0111 on October 29, 2023, 11:59:20 PM

Quote from: Jemzx00 on October 29, 2023, 10:05:46 PM

I think you're confused on how much of a difference gambling and trading be. There's too much difference between the two as trading mostly rely on skills as a trader will need to be keen on details such as having a good TA skills and be observant to the market to gain profit while gambling mostly rely on luck to gain profit. Both do pose risk on your funds but you can manage your loses much better on trading than on gambling.

I think there is no point in discussing this with them anymore. They insist that gambling is not different from trading no matter what we say. It looks like we are running in a circle here, so let it go as it seems this a waste of time and energy.
To get back to the main subject, if you want to remain safe when gambling, just gamble to have fun and don't spend on it more than you can afford to lose. This is all you have to do.

you have a point, well that's how gamblers supposed to do. Just gamble to entertain their selves and have a self limitation and enough budget for gambling. Also some tips to remain safe in gambling is to balance the gambling with other activities, educate yourself about gambling, never gamble when your upset and lastly expect to win and lose because that's the cycle of gambling.

Quote from: Fredomago on September 11, 2023, 07:37:20 AM

Quote from: Lorence.xD on September 10, 2023, 03:42:59 PM

Quote from: dothebeats on September 09, 2023, 01:26:17 PM

Quote from: Fredomago on September 04, 2023, 01:08:34 PM

Quote from: gunhell16 on September 04, 2023, 04:53:17 AM

snip

Hindi talaga lalo na sa standards ng trabaho dito sa pinas kung maalala mo yung sa Potato Corner na requirements pero minimum wage pa yon ah hahaha. Sabayan pa ng inflation rate halos trinatrabaho mo sakto lang sa pangkain parang nabubuhay ka nalang para mag survive. Pero hindi ibig sabihin non wala na tayong chance makaahon sa ganong sitwasyon, labas lang tayo comfort zone hanap mga iba pang opportunities tas dagdagan ng diskarte panigurado makakakita ka pa ng mas magandang money sources na legal. Kaya nga yung iba nandito sa industriyang ng crypto para humanap ng opportunities eh, laban lang talaga mahirap man ang buhay pero patuloy at patuloy tayong hahanap ng rason para magpatuloy.

Yan dapat ang mindset, dapat willing kang lumabas sa comfort zone mo, medyo risky pero kung talagang desidido kang umunlad hahanap ka ng paraan para magtagumpay, hindi ka mag aantay ng swerte kundi gagawa ka ng legal na diskarte para kumita ng pera, natawa ako dun sa potato corner naalala ko nanaman yung hirap makahanap ng trabaho tapos kala mo naman kung papaswelduhin ka ng talagang angkop dun sa hinihingi nilang requirements. Hahahah

tama, just go outside the box if you want to grow, madalas kasi sa atin, natatakot sumubok ng ibang bagay, totoo naman na risky pero at least sinubukan, para hindi dadating yung araw na manghihinayang ka sa mga bagay na hindi mo nagawa. actually madami sa atin yung may mga potential to grow pero dahil nakuntento nalang sa kung anong meron sila, hindi na sila nag grow personally and financially. Dapat yung mga company din kasi dito sa pilipinas, ilevel naman nila yung sahod sa qualifications na hinahanap nila, Ang gaganda nga ng job title, pero kung alam niyo lang kung magkano sahod, mapapa facepalm ka nalang.

Quote from: Weawant on October 28, 2023, 10:19:41 PM

To be very honest quitting gambling is really not easy as sometimes some persons end up gambling for life as they find it that difficult quitting, it may require extra help some times to quit totally but if it's temporarily, most persons did quit temporarily and layer come back to it but a abstaining totally will require some extra efforts at times beyond just stopping.

Some persons even have to attend therapy sections to cure them of the addiction of gambling because they find it that difficult although sometimes a strong desire to stop could also help but then it take longer time with so much discipline before such person will finally be free from such addiction but the best way I think is therapy although its expensive but it's the best out there. That way you may most likely not go back to it again if you don't want to, but Paramount decision has to be self control before any of these could effectively work.

That's right, Quitting in a gambling is difficult for some gamblers who are addictive, but for some who play for entertainment purpose only, i think they can quit as soon as they want to stop. I encountered many gamblers who finds quitting in gambling very hard because they invest so much time and money to the point that they consider it in a dual purpose (for entertainment and income). Those gamblers needs medical attention because it may affects their mental and physical wellbeing. The therapy might be expensive but if it's benefit you, then it's worth it.

Quote from: klidex on October 29, 2023, 02:59:51 AM

Quote from: topbitcoin on October 28, 2023, 07:28:45 AM

Quote from: klidex on October 28, 2023, 04:05:30 AM

~snip~

expectations that are too high and already have high hopes for gambling will only lead to deep disappointment with gambling and in the end you will only blame yourself for behaving carelessly. We hope it's okay but don't go too far because after all gambling is full of uncertainty. And we also need to remember that gambling will never change anything, including our lives financially. If you ever think that gambling can change someone's life, then we have to look at people. -people who lost everything, wealth, family and jobs just because of irresponsible gambling. And believe me, when we go to a casino with any amount of money, when we go home we will only come home with empty pockets. Gambling is very expensive and very risky to play, so be as careful as possible when playing it.

Hoping too much is not good, especially if you hope in gambling to be able for to win because that will be very risky for people who have the ambition to win they will use all their money to double that money we should not just put our hoped gambling in order to be able to win.
Achieving profits as expected in gambling is something that is difficult for us to achieve, therefore we must use our money and time wisely to avoid bad things that might harm ourselves.

Cases like what you said have happened a lot among the middle and lower classes of society, they hope that gambling can be a step to change someone's life. In my opinion, thinking like that doesn't make sense, we can see many facts of today's life looking at someone who really destroyed by irresponsible gambling

That's how greed affects a persons life. I admit that some of us is hoping that once we gamble, it doubles our money. gamblers tends to expect much that's why if their expectation doen't meet, it will trigger to them to continue on playing. Winning in gambling is just a pure luck but some has their strategies to win, if you're greedy, Opportunities will slow down for you and it will leads to your downfall.

Quote from: Westinhome on October 28, 2023, 11:10:35 PM

Quote from: Renampun on October 28, 2023, 09:08:20 PM

that's why a community was formed that discusses gambling addiction, there they will be accompanied by people who care about them, because the people around them will not necessarily care about them very much. Getting rid of gambling addiction is not an easy thing, so extra effort is needed to help everyone who is addicted to gambling to recover, often gambling addicts come from poor families, so they don't have the money to go to a psychiatrist. therefore, always gamble responsibly, don't let your mind become damaged because of gambling, news like this should be advertised for gambling addicts.

The family member alone care about the gambling addicts,rest of the world will not care about the gambling addict in the world.Because of the gambling addiction the gambler may spoils his health and his carrier.By this the wife or the mother of the gambler will get worry for the gambler.The gambler is just the news for the rest fo the world.They just advice to recover.But they never do the personal involvement to the gambler life.The gambler itself not hear the words of the other people and may consider the family member voice.The gambler can quit the gambling with the self interest and not by other forces.

Yes its true, Only your family member have a care to you, they will help you to cope up in your situatuon and also they are the one who understands what you're dealing with. Maybe there's a few friends who can talk you and give you an advice but limited only, Not all your friends can support you, sometimes they are the one who judge you and wish you not to overcome your addiction. For me, It's better to open your concerns and problems to your most trusted person who can really understand you and willing to help you, also Believe in yourself that you will be better.

Quote from: pascal33 on October 28, 2023, 09:27:12 PM

So, here's the deal. I've been into crypto gambling, and I've realized that, despite my best intentions, it's a bit tough to control the urge. I've tried the self-exclusion route in the past, but it seems some crypto casinos still find a way to let me back in.

I know I've got an issue, and I've accepted that. Now, my goal is to manage it better and avoid any unnecessary damage to my finances.

I'm curious if any of you have faced a similar situation and if there are tools or methods you've found effective in controlling crypto gambling. It feels like most platforms lack daily limits or deposit controls, making it a bit challenging to stay on track.

Would really appreciate any advice or recommendations from those who've been through something similar.

Well, there's no tool for this concern, Only self-discipline and limitations. You are aware of what you've dealing with, it's better to stick to your goals of managing your finances. One thing to prevent you from gambling is to lessen your screen time since as you have said it's all online or Do some outdoor activities that will help you to distract yourself from gambling.

Quote from: Nrcewker on October 28, 2023, 09:03:43 AM

That’s really great to hear mate. Educating people about Bitcoins is good and it will really help them to make a better investment plans. But I would suggest not to give them investment advice. Whether it’s Bitcoins or any other asset, never give investment advices. These friends who are praising you, will only make you responsible if there investment goes into losses. So keep yourself limited to educating only. Tell them about the benefits and decentralised nature of the coin. Rest they will figure out, what to do with these amazing coins.

For me, I don't like to discuss anything to my friends because when money involves, I considered it as a confidential matter. just like what you've said, those friends who are praising you will only make you responsible if their investments fail. It's better to introduce it first then let them make their own research and study so they can learn it from their own and to avoid the blame in the end. Not because I don't want to teach them every details, doesn't mean I am being mean and selfish. I don't want to spoon-feed them.

Quote from: abel1337 on October 22, 2023, 06:44:06 PM

2017 talaga yung pinaka solid na year for me. Sobrang saya nung mga panahon na yun since dun ko unang nalasap yung sarap ng bull run at ng bounty campaigns dito sa forum. Almost majority ng bounty campaigns na nasalihan ko is pumapaldo talaga. Marami din akong nakilala sa larangan ng crypto before and after that bull market. Solid din naman yung 2021 bull market pero iba talaga yung saya ng 2017. Andami kong firsts na nagawa sa buhay ko, first million, life first experiences and first lessons na I think nag build up saakin para maging ako ngayon. I experienced so many mistakes that time and also bull market 2021 pero I'm sure na hindi ko na ulit gagawin yung mga mali na yun next bull market. I'm claiming to earn 8 digits next bull market! Tamang motivate lang sa sarili!

Same here, 2017 din yung talagang ramdam na ramdam mo ung bull run. Kumikita through bounty campaigns also malakas pa White paper translations kung saan doon Talaga nakaipon ng enough funds na nagamit din ulit sa pag invest and some personal expenses. Marami ding natutunan nung year 2017, all the high and lows. Indeed, that year is the best and most unforgettable year ng mga tao dito sa crypto. Looking forward for the next bull market, claiming for a 7-8 digits too.

Quote from: gunhell16 on October 25, 2023, 09:46:48 PM

Quote from: 0t3p0t on October 22, 2023, 07:14:07 AM

I don't actually choose one of them to be honest. Why? Because traditional business won't work for me I've been there before and nothing happened. Investing in Bitcoin won't work as well since I am having a hard time with it's volatility since I need cash flow for my family's needs. Though I am here investing my time and effort to earn fractions of Bitcoin but yeah if ever I need to invest on something it would be real estate and collectible silver and gold coins.

At least negosyo parin naman na maituturing ang real estate, bagma't hindi lang siya mura, madami ka sigurong ganyan ang sinasabi mo, saka isa pa madami din namang options na pagpipilian sa traditional business malaki o maliit man yan.

Saka sure kaba hindi ka nagiinvest ng Bitcoin? parang hindi kapani-paniwala, tapos andito kapa sa cryptocurrency industry. Well, kwento mo yan. Dahil ang pagkakaalam ko lahat ng community dito sa forum ay hangad na makaipon ng Bitcoin kahit papaano.

for the real estate especially condo to townhouse, It will become a business if it gives you a profit, one of the best investment is real estate tlga. For me, icoconsider ko Talaga both if traditional business and investing in crypto lalo na if I have enough source of funds as long as kaya nating ihandle. May iilan na hindi swerte sa Negosyo and that's okay, pumili lang tyo ng right venture for us na alam nating makakatulong satin in the future.

Quote from: Assface16678 on October 28, 2023, 09:56:29 AM

Quote from: madnessteat on October 23, 2023, 11:20:02 AM

Personally, I don't see anything wrong when an addiction is replaced by another addiction, for example, one that requires less money. If a person instead of replacing an old addiction simply acquires a new one, it is a completely different situation. Instead of one addiction, he gets two. In my opinion, this is where the greatest danger may lie.

One of my friends liked to drink alcohol while gambling, but when he started to smoke marijuana he stopped controlling himself. This led to him not only losing all his money, but also getting into unpleasant situations in the casino.

"Addiction" from the word itself, anything associated with gambling is consider as bad, becauss anything that is too much can be bad, and nothing wrong with replacing the recent addiction to another? T hat's a twisted thinking how could there be no problem in that? There is!!!. Anything should be done with moderation in that way you will control yourself. And from alcohol to marijuana? Sre you kidding marijuana is much worst its like your friend ungraded his addiction into another level. Of course things will be much worse because we know even if he switched into smoking mariajuana he will still drink alcohol and added with gambling in casino its sure that he will have a bad happenings in casino or his life will be much more worst. Associating a vise during casino will be bad its like wasting your money in both gambling and vise which is a really unpleasant situation.

I understand your point, well some medical professionals also believed that cross addiction may lead to a range of dangers, well if that's the case, much better to seek professional health rather than DIY assessment. Actually, it seems impossible to a gambling addict to change especially if they don't want to help their selves. To address the real issue of cross addiction, One of the important points to keep in mind is stay connected though therapy, group coaching and professionals.

Quote from: Beparanf on October 27, 2023, 02:33:39 PM

Quote from: krishnaverma on October 27, 2023, 02:12:37 PM

What are some good exchanges allowing fixed monthly investment in BItcoin? I need options where my funds will be secure.

Most of the exchange offer almost same low rate on Bitcoin. It’s not really worth it leaving your coins on exchange in exchange for a mere profit which you can easily have by just holding your Bitcoin safely on your non-custodial wallet.

Some crypto casino offers much higher interest rate if you invest on their bankroll compared to exchange offers if you really decided to be exposed on risk.

You're right, Exchanges offers low rate, also your coins might not really be there. What you see is a promise that if you ask for your bitcoin, they will give it to you. But if the exchange gets hacked or if the CEO fakes his identity and takes the private keys or if the government steps in, all coins could go into their pockets. It's better not to leave your coins in exchange, to eliminate the risk, withdraw your coins now.

Quote from: Don Pedro Dinero on October 28, 2023, 08:12:10 AM

Quote from: Ayers on October 28, 2023, 07:36:00 AM

But as many others have pointed out, bitcoin's volatility is still very high, and it can be manipulated, so considering it a safe haven is not entirely correct.

I would not worry so much about whether it meets the traditional definition of a safe haven asset because of volatility, but whether it is a good long-term investment vehicle. Yes, it is very volatile today, although volatility will reduce over time, but if we compare it to gold in terms of returns since bitcoin was launched, there is no comparison.

Its volatility risk is one of the major factors determining whether Bitcoin is a good investment. The personal decision to invest in Bitcoin comes down to your appetite for risk and your perspective on the future of humanity.
I can consider it as a safe haven asset because it can be converted to cash easily in a bunch of different ways once hitting its all time high value. if history repeats it self, which we have seen multiple times now, Bitcoin tends to reach new all time highs every 4-5 years.