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Messages - emmybd

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1
Well, Bitcoin has dropped under 60k and other cryptos have also started to dip a bit. So nobody can predict what would happen in future, it may dip even further. The market has been a bit unstable for some time. So investors should not rush in investing in this unstable situation.

2
It is true that if we compare crypto with other assets such as S&P and gold, then Bitcoin has done quite well over the past few years. But it is very risky to make a big investment in crypto compared to other assets, as crypto is not properly regulated. So it is necessary to proceed with caution when you are considering your investment options.

3
Gambling discussion / Re: can gambling be a career?
« on: May 03, 2024, 11:16:06 AM »
Well, gambling can never be a career. It is simply a lucky thing. If your luck favor you then you can win a big jackpot. Most people tend to carry on gambling after winning jackpot, as it is an addiction. They lose all their money in this way. On the other hand, gambling companies are doing very well, their business have been flourishing day by day.

4
Cryptocurrency discussions / Re: Keeping your seed phrase safe
« on: May 03, 2024, 05:02:00 AM »
I have lost my seed phrases for a couple of times. Consequently, I have also lost my assets. People use different ways to keep seed phrases safe. If you keep it in your computer then if your computer breaks down, you are in trouble. There is also possibility that your computer may get hacked. Other ways such as keeping it in hardware wallet or writing it down on a page do have some advantages and disàdvantages.

5
Only beginners get panicked and start selling their Bitcoin. A lot of other people sell their Bitcoin because they want to buy dip and sell when it peaks again. It is just a strategy most professional traders apply to make a good profit in the long run.

6
Even though a lot of people will say that they would stop gambling after winning big. But it is not that easy because gambling is an addiction. They will feel an strong urge to keep on playing and get an even greater win.

7
General Discussion / Re: Afraid of investments?
« on: May 02, 2024, 12:45:12 PM »
Everybody wants to gain profits by investing. That's why they are so anxious in investing in case they lose money. As far as ICO's are concerned most of the ICO's are scam, so why would one invest in these projects.

8
It is very difficult for an addicted gambler to recover from his gambling addiction by himself. He will need advice from a professional psychologist/doctor to guide him properly. In this way he can reverse his gambling addiction. His will and determination are also needed.

9
Cryptocurrency discussions / Re: The impact of crypto on our lives
« on: May 02, 2024, 07:24:15 AM »
Only invest in crypto if you have got spare funds to invest, because crypto market fluctuates rapidly and there is a risk of manipulation. It will not be a good idea to invest in crypto by selling your fixed properties. There is no guarantee that you will gain profit, you may end up losing all. So be careful.

10
I believe most of the time gambling do have negative impact in one's personal and professional life. In gambling apart from a few lucky ones the majority of cases people lose their money and it makes them frustrated. As a result they start behaving aggressively with other  family members and friends, it also affects other spheres of life negatively.

11
Students should avoid gambling. It will definitely impact their studies. They wouldn't be able to concentrate on their studies if they are addicted to gambling. When people start gambling they generally get addicted to it and it affects his family and professional life. To become a good citizen of the country students must not indulge in gambling. It will be good for them and for country as well.

12
Cryptocurrency discussions / Re: Do you need to spend to earn?
« on: May 01, 2024, 01:39:44 PM »
Over the past few years we have seen phenomenal growth of cryptocurrency. As bitcoin is the main cryptocurrency, it received much of the attention compared to others. In any business the main purpose of investment is to make profit. Without profit it is not sustainable. Crypto is not different when people spend crypto in the form of investment, they expect to earn profit.

13
Technical analysis is important to execute trade. Professional traders analyse various graphs and charts before going for trade. One has to spend time to learn technical analysis and gather extensive knowledge about trading if he wants to earn money by trading.

14
Gambling discussion / Re: Whats your experience with gambling?
« on: April 30, 2024, 07:49:01 PM »
Online casino gambling is a fun. I used to gamble a lot a few years back. Although I would gamble often, I was not a professional gambler. I was just a casual player. At that time I had a decent amount of assets. I lost all in  online casino gambling.

15
Cryptocurrency discussions / Re: Anonymity - good or bad?
« on: April 30, 2024, 03:10:08 PM »
Anonymity is good for the general people even though there is a risk of misuse, but it is bad for the governments. Generally, governments all over the world want to tax everything. They don't want anything is hidden from them because they get a good amount of tax from its peoples resources.

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