Success is not judged by how much wealth has been collected, but success has no limits and can still be achieved in any way.

Helping others is an inner success that is difficult to describe, when your life is useful for others and the people around you live it is a success that cannot be achieved by everyone. It's about awareness, we can't live alone without the help of others. The cycle of human life cannot be separated from needing each other.

You have beautifully drawn a fine line between investment and gambling which is generally difficult to distinguish and people often confuse gambling with investment. The main difference is the risk involved. Investment is done with long term goals like we buy Bitcoin and continue accumulating it during the bear run and this kind of investment is less risky because it is consensus among all analysts, & history has vindicated it again and again, that it always pays off huge rewards to those who believe in its potential to outsmart all other class of assets.

I don't think that banks are offering outdated methods for loans, but they might be offering loan terms that are NOT attractive.. so you have to decide if you believe that it is to your advantage to enter into such loan or not.   If the terms of the loans are fixed, then that is much easier to figure out rather than some real estate loans that are offered these days in which the rate is adjustable.  Personally, I would NOT enter into any loan that is adjustable.

They are not too bad goalkeepers but are not at highest level. In Champions League, defense is important because if you can not protect your goal and get conceded goals from strong opponents, you will likely not be able to beat them. Goalkeepers are important too and people say they are about 50% of a club strength. It can be an exaggeration but it says about a truth of goalkeeper importance.

PSG on paper are considered as a stronger team but again we should check at past seasons. PSG failed in many seasons in many pairs when they were considered as a stronger team.

With best of Neymar, Mbappe and Messi, PSG are dangerous in attacking but in World Cup 2022 and lately in Ligue 1, we saw that Marquinhos can be a weakness of PSG defense. It might be their dead point in matches with Bayern.

Bayern are at a disadvantage without Neuer. He's not only a good keeper but he's also a leader. With him at the back of the Bayern defenders they have confidence. No disrespect to the back up goal keepers but for Bayern to win they really need to step. Neuer is the kind of keeper that can decide games for you. And the trio of Neymer, Mbappe and Messi are all in a very good form. I think PSG will win Bayern and qualify cause not only do they have the better attack (on paper) but they also have a very good midfield now. The addition of Fabian Ruiz to the PSG midfield makes them a very good team together with Verratti.

But Doge isn't LUNA mate , Luna's crashing has nothing to do with Dogecoin though the asking price is too high for now to achieve ,  while we are waiting for ELON MUSK's  pumping then better not to expect this high for now.

Doge is stable in its price now and I am confident tha tin years to come it may take that high.

Today is the day and I'm seeing bitcoin still do sideaway at 16.5-16.8K level I do believe not trade at the final days like this, some of might withdraw their money to enjoy christmast and new year. and pretty much other instrument too like forex and commodities or stock.

Maybe we can see the price jump start on January

I am not sure if I understand or even agree with what you are proposing in respect to "preventative measures" since it is quite true that at the time that any of us goes into a loan, we should be able to create our plans in accordance with all of the information that we know at the time of entering into the loan.  

There are quite a few things that are in our control, including what kinds of assets and cashflow that we already have and our abilities to consider the possible ups and downs of our own other assets and cashflow.

We also know the exact terms of the loan what is the percentage that is paid in interest/fees, what is the period of payment and the payment amounts.  

As far as the BTC price, there seem to be ONLY three possibilities, which is that the BTC price goes UP, DOWN or sideways.  We should be able to plan for those three possibilities, and sure we might have some changes in the other factors that we had considered to have had been fixed, but our plan for the period of the loan should not really be changing very much, so in that sense, there should not be any "preventative measures" that need to be taken, unless there was already a plan to employ such "preventative measures" if certain circumstances pass.

I would frame the differences between gambling and investment differently than you.  

From my point of view, some folks seem to convolute their definitions of gambling and/or investing in such a way that it becomes difficult to understand how they are differentiating the concepts, so in that sense sometimes it can be difficult to figure out what they mean when the are describing how gambling and investing differ from one another.

So in some sense it could reasonably be argued that gambling and investing are on a kind of spectrum in which if we go far on one end of the spectrum we are in the territory of gambling and if we go in the other direction then we are in the territory of investing, but there are some shared traits in the middle in which the definition could go either way.

So, for me, investing tends to involve having a longer timeline and also tends to involve the engaging in behaviors in which the amount of guessing is reduced.  So for example, if I say that I am going to invest $10 per week in bitcoin no matter what for the next 5 years - which is $2,600 ($10 * 52 weeks * 5 years), then I would call that investing rather than gambling, even though at this time, I do not know how much the price of bitcoin is going to be in 5 years (and/or what other places I might have held/invested that value and whether I might have received a better return by investing that value somewhere else), but I am trying to lessen the number of guesses that I am making.  That would be following a kind of dollar cost averaging approach. DCA.

Now, if I take some variation of the same facts, and I tell myself that I have a $2,600 budget, and for the next 5 years I am going to buy bitcoin when it is low (or any other asset that is trade-able with relatively low fees) and to sell bitcoin when it is high in order to attempt to increase my $2,600 in a way that is better than the DCA approach over that same period of time, I might consider those practices to lean more towards a kind of gambling.  It is not a very good example, but my point is the more variables that are left to chance including trying to predict the ups and downs of price, then the more I would consider the practices to fall into a gambling camp rather than into an investing camp.

Another possibility would be that if I were not to have an ability to provide myself with a front-loaded $2,600 budget, so in this scenario, I can only add $10 per week to my "investing budget" over the next 5 years, so each week I add an additional $10 to my "investing budget," and I try to identify assets that are low in price and to sell them when they are higher in price within a reasonable period of time, and I would like to both have more than $2,600 at the end of 5 years of "investing" in this kind of a way (whether held in BTC or in other assets but I am frequently trying to time the market in order to increase the amount of money in my investment portfolio, but I would also like to beat the $10 per week DCA approach and to have had accumulated more BTC at the end of the 5 year period than I would have accumulated if I had merely engaged into a DCA practice.  

My point is that the more variables that I do not know and the more times that I am taking chances on unknown variables, then the more that the practice is likely to be classified by me as gambling rather than investing.

I have seen the above quotation used to define negative trends of inflation in economics.

Decreased exposure to dangers present with inflation and other negative economic trends, reduce the human self defense mechanisms necessary to address said trends. The regression can extend so far as to result in degeneration of organisms in nature. The same precedent might also apply to people. We lose many of our social and cultural adaptations when decreased exposure to dangers, causes us to believe them no longer necessary. Its an interesting point to consider.

Munich is not a weak team. despite the absence of their main goalkeeper. they have Sven Ulreich. didn't play much before. but the quality cannot be underestimated.
although PSG is very strong up front. but if Munich manages to control the midfield strongly. I guess they just need a little effort to win.

So I decided to put some smiles on my face this season by buying Bitcoin as a Christmas gift for myself.
yesterday I and my friend/colleagues went to a shopping market for some Christmas shopping we were 6 in number and we all went to the market after receiving our Christmas bonuses from work.

My colleagues bought some fine shoes and other expensive items/ wears for themselves and every one of them was expecting me to do some picking myself because we all agreed to go on group shopping but on our way to the market I already have a rethink and a change of mind.

I decided to spend my money buying myself some Christmas gifts which is Bitcoin instead of buying some expensive clothes or shoes I decide to carry the digital BTC  in my wallet, instead of wearing shit that will soon get worn out.

2024 is still a long time away which is why it's obviously tough to speculate the price of BTC and other cryptocurrencies so far ahead into the future. There are so many variables involved.

Am only expecting the next halving event to trigger a significant rise in the price of BTC which could lead to a prolonged bull market for most cryptocurrencies early in 2024.

The global economy will most probably recover completely until then after the COVID debacle.

Yes.. some people do have a problem with the idea of borrowing money in order to invest in bitcoin.  That's why I responded to you in that post in the way that I did - and as an attempt to clarify how loans could be used in such a way that is not as big of a "problem" as some folks, including you MarjorieZimmermanGinger, were generally describing the practice of borrowing to buy bitcoin.

Yes.  I said that it was a problem for OP to be expecting 2x to 5x returns in 2 years even though other people make the same mistake. And, yes it might happen, but it is a problem to assign too high of a probability to such expectations, as OP seemed to have had been doing.  Just because a lot of people do it does not mean that there should not be some kind of an attempt to clarify the matter, which was what I was doing.

So what?  The reason that he is doing it is a so fucking what?  Do you think that a lot of us are not already familiar with the various theories why the BTC price might go up?  And, yes it might go up, but it might not.  That is part of the clarification that I was attempting to describe, so I am not sure why you are going back to the idea that the BTC price might go up.  That's already known that it might go up, and it is already known that there are cycle theories and all kinds of BTC prediction frameworks, but just because there is a prediction framework, that does NOT guarantee that the BTC price is going to follow such BTC price prediction framework.

Well, that's a fair statement/question.  I had made a post on estimating the best case scenario if OP only has to pay interest, and then pay the principle at the end, but there could be other ways that the pay back terms are outlined by the bank.  So far OP has not described that, as far as I can recall not seeing any such description of how the loan is meant to be paid back.  Maybe OP can clarify the terms upon which he is suppose to pay back his loan?

Well, OP seems to be gambling that he is not going to lose.  Yeah, so far his the BTC price seems to be going the wrong way, but it is still possible that he could end up profiting from the loan if the BTC price goes up in such a way that covers both his principle and the fees that he is supposed to pay.

Yes, there's no guarantee that our speculations will come true down the road but what is important is that we are holding hopes that bitcoin will somehow recover somewhere next year. The earlier, the better but again, let's just hope for the better and ride the current while taking any advantage that we can have while it's still selling at a much cheaper price.
I understand that you're expecting the market to recover and will rise above $30k. But I reckon that it's still too much to ask for that, let's wait it to achieve the $20k mark first.

Maybe best for you guys to stop following those people who have track records trying to manipulate the minds of people for their own gains so that you will not get wrong information which can possibly make you become a bag holder on what they are currently promoting.  Best always to follow your own instinct so better be more knowledgeable than waiting for other people to give a news about what you are trying to gain.

So for the newbies like me, why did you join bitcointalk.org?

Do you know that some crypto projects are so amazing that you will want to give up your money just to allocate some portion of the max supply but the tokenomics ruined it all?

Some projects have good utilities but their tokenomics is very bad, if you don't know this do try learning the difference between good utility and good tokenomics because it is very important and this will help you on your future crypto investments.

No matter how tempted you are to invest in a project always learn its tokenomics first.

We still have nothing to say that we have reached the final bottom of this bear season, so a recovery in 2023 is uncertain. With only 3 days left of the year, we can be sure that bitcoin will end the year with a red candle and we will have 4 consecutive red quarters, but there is no sign of bitcoin going up yet in 2023. Looking at the macroeconomic situation, I still predict 2023 is still a bearish year, and we will bottom in 2023. Although the halving will be a time to expect a bull run, depending on the economic situation, the war, and inflation is still there, so it is difficult to expect the bulls to come at the right time.

Well I think it's all depends on how much you share with your spouse and how far you have come together, because some marriages happen without knowing the other person genuinely which compromises the trust aspect of the marriage but some happen after knowing the other person for several years and that connection is real and not fake and in this case sharing stuff wouldn't be a problem.

But rule 101,if someone is always spending money without that edge to save then don't share information of seed phrases and other bank accounts you hold because they will spend it all... though if this came to light trust between the two of you will be shaken.

I posted something today but it was deleted and I just don't know what I did wrong. Please can someone help me with the reason for this and also the rules and regulations of this forum I just want to avoid any complications next time am starting a topic

The worst people to serve are the Poor people. Give them free, they think it's a trap. Tell them it's a small investment, they'll say can't earn much. Tell them to come in big, they'll say no money. Tell them try new things, they'll say no experience. Tell them it's traditional business, they'll say hard to do. Tell them it's a new business model, they'll say it's MLM. Tell them to run a shop, they'll say no freedom. Tell them run new business, they'll say no expertise.

How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.