If we go by number of populations, we have sport betting as the highest in consideration, though we still have some gamblers whereby they manage to do both altogether, this is also a thing of consideration on what our choice is and how we can manage to be satisfied in doing what we want, gambling should be a satisfaction on our desire as we are not being forced or compelled to do so.

Most people are always start from football like watching football then developed interest to start their gambling exercise while some people start with casino games but the most majority of people started from football and it so easily to understand even without someone being taught how it is played.
Like I know, football always gives Joy which I know others does but we can't equate both together because percentage of people who chooses football could be much.

Quote from: SmartGold01 on May 20, 2024, 10:16:08 PM

Quote from: koang on May 20, 2024, 09:09:27 AM

Quote from: SmartGold01 on May 17, 2024, 03:51:09 PM

Currently not having any Dogecoin in my possession but even if I would consider holding dogecoin then I will have to hold it as long as I know it could worth something sustainable in the future than now but, presently I don't consider holding it because I can't trust altcoin for now even though it seems so established I won't hold it instead I can hold ethereum and BNB instead of memecoin.

Memecoins surge, led by Doge, Pepe, and others.
High trading volume reflects market frenzy and bullish momentum.
The overall market cap of Meme coins is up 32%, with several standout performers, but like you, I don't have Doge but Altcoins like Ethereum and BNB are still in my portfolio.
Doge and the other meme coins do not suit my financial goals

I have actually thought about holding them but with some knowledge and much discussion over here made me to change my mind otherwise i could have invested but yet I am not stil convinced over everything, and there was a news i had someone lost his fortune over pepe although i can't really give full details to what happened to the person.

Maybe you should provide more complete information so that people on this forum can read it clearly and not think that your statement is just bullshit. We must provide clear and reliable information. Also include complete sources.

"Crypto Trader Loses $1 Million Overnight in PEPE Coin Liquidation Bloodbath"
Okay, I just made little research to find the link where I red it, but the information was all over which you can click on the quote text to read more on how it happens.

Quote from: SmartGold01 on May 23, 2024, 04:49:00 PM

The trust has been already established what people needs most is patient to hold till the market changes direction, let say for those who are basically expecting the market to change instantly without knowing that the market always has a sequence to follow, and if that is not obeyed then there could be lapses that is why many people makes investment and never exercise patient for the market to soar before selling of their investment.

Before investment investors often say that they will hold their investment with patience but when the time comes they start to create a worried situation for himself and others. If they cannot sustain their investment for a longer time then they should not invest in Bitcoin because the success is not possible for those who cannot wait and control their aggressiveness.

Bitcoin can give you sudden profit but not all the time and when you choose Bitcoin at dip and suddenly the worth increases then you can take profit but this doesn't happen always so you should remember that market changes are regular which cannot be neglected.

It is normal for investors to think this way, in fact every single investors which their investment to increase overnight without them knowing that it would take a little long time so even though the market suddenly shoot up then we can say it's a plus to them than being too optimistic that the market will just changed instantly.
Market moves so quickly but that will be at the bull run season or finally when the market create new ATH it's very easy for people who had invested before the sudden rise to take profits from their investment.

Quote from: SmartGold01 on May 22, 2024, 10:15:18 PM

yeah there are some market forces that is controlling the market because when a large trader gets into the market you would see that the market won't be stable or possibly if there were sad news about the market you would notice the changes in market, but most times there are people who may decide to hold and not to trade because market may easily recover after some while or when the news is notice to fiction or not authenticated.

There are different factors that play a role in market fluctuations and most of the time the effects of news are very strong which can suddenly alter the market price. Selling and buying in large percentage can also influence the market price but this cannot be done by common investors who just invest in a single coin but those who invest largely in every successful coin can influence the worth of the market.

For managing the situations we cannot sell our coins when there happens a decrease in the value but we can hold it to avoid failure because without holding we cannot reach our destination.

That is it, only those who have some of form huge supply on the coin because when those people controls the market its surely affects that particular coin price and when the investor are not patient enough it would lead to serious dump cause panic to other coin holders since those coin are being paired with that particular coin for trading.

Quote from: SmartGold01 on May 24, 2024, 10:13:07 PM

Already people are using it for transaction purpose, although lot of people see it as something Worth for investment instead of transaction, and there's no doubt that when they see the progress of bitcoin it would push them to make investment instead of transactional purpose it could be turn only for investment which I believe lot of people would love to do than transaction only.

Yes, currently more people are buying bitcoin for investment purposes, not for transactions, because in my country the government has not approved bitcoin for transactions as a payment method, so I only use biycoin for investment.

The investment aspect is what that has captivated people's attention than the real purpose it was created for, so when people began to hear to the good news and testimony of others how they have invested in bitcoin and made series of profits from the bitcoin progression makes other wanna just invest and hold like others.

Quote from: SmartGold01 on May 22, 2024, 02:19:32 PM

I can say with time because if you flashed back 10 years ago the rate of awareness of bitcoin weren't this high and people are fast accepting bitcoin

Both the bad and the good events surrounding Bitcoin have led to its popularity and created more awareness about it. People who did not get to hear about Bitcoin from a good side heard about it from a bad side and now they know the truth that the government mostly that spread the information about bitcoins being bad are either been jealous of it because of the potential it has to affect their financial system or because of lack of understanding about it.

Quote from: SmartGold01 on May 22, 2024, 02:19:32 PM

They now focused on buy and hold instead of invest using it for transactions purpose, and again no one would ever see the rate at which bitcoin is growing that wouldn't want to invest in bitcoin because in every 4 years it creates new price level making it more attractive for more people to venture into bitcoin.

Bitcoin is serving better now for investment but later in the future I believe that the currency function will come into the effect and more people will start using it for transactions from one country to another or even within the country.

Already people are using it for transaction purpose, although lot of people see it as something Worth for investment instead of transaction, and there's no doubt that when they see the progress of bitcoin it would push them to make investment instead of transactional purpose it could be turn only for investment which I believe lot of people would love to do than transaction only.

Quote from: SmartGold01 on March 03, 2024, 11:57:12 PM

Well from the information I have been hearing concerning pepe I have beginning to gain interest on it because lot of people were speculating that pepe coin will be the next bomb unlike shabi and dogecoin. These two coin i made mention always comes to my heart when i recall them because as then someone told me to buy and hold with just 5k my local currency then i didn't know much about space people made thousands of dollars and i was regretting for not taking the bold steps then. This curiosity made me to come create this topic to seek people's opinion if could invest on Pepe coin.

There are many meme coins coming in the market but not all of them are successful and not all of them are likely to be successful. Pepe has major exchanges like Binance listed on their platform so good things can be expected from it. But I can't expect anything big like SHIB or DOGE from it. yes it is able to give profit but not as high as SHIB or DOGE. If Elon Musk starts talking about it and invests then maybe it is possible

Pepe is a new project and can't be compared as Shiba or Dogecoin if I am not mistakenly dogecoin is the first memecoin to be launched and has gain more popularity even before Elon musk promoted it on twitter idt has started gaining attention all over, because they were doing major promotion like featuring some matches and printing out jessy for them with their logo on it and football is a game that is mostly feature all over the world. That is a major promotion to say that pepe can't be equate to Dogecoin.

Quote from: SmartGold01 on May 21, 2024, 07:47:49 PM

So far Binance has been the most trusted and reliable exchange that has gained the action of the globe as a global leading cryptocurrency exchange it's natives currency BNB, the blockchain was deployed after a sudden increase on ethereum gas fee. Binance blockchain was deployed as an alternative means of ethereum to transact smaller amount with a lesser transaction fee of $0.009 and $0.33 respectively depending on the amount you are transacting. Currently lots of coin and project has integrated in their blockchain through the bridging process and lot of exchange has added their blockchain as means of withdrawing coin to reduce the gas fee. To me BNB was just as an alternative of ethereum.

There is no doubt that Binance is an alternative smart contract to Ethereum which has a high gas fee, because it is really cheap to transact using the BSC network. Coins from Binance will always be my favorite coins that I hold, because every time I face a 4 year cycle, during a bearish season I will buy BNB.

You are correct ethereum gas fee was extremely high it was a serious concerns to people who were transacting on ethereum token, especially while swapping tokens on decentralized exchange you spent close 100$ to swap some token and it was a concern to investor and those who were involving themselves with IDOs. Some of the investors weren't able to meet up with the fees while there plans is to invest with a smaller amounts lesser than the fee itself, at some point IEO was then introduced so people could start making deposit and buy coin directly from exchange and hold till trading starts but at some level most of the investors weren't comfortable with it since they are so much concerned about privacy.

Therefore at this point Binance Smartchain became more useful and lessened the hassle for people to trade and some of the project began to list on pancakeswap where the could now use less than 1$ to sell of their coin, and again, pancakewap now became a competitor to uniswap, since Uni was mainly for ethereum blockchain. As time goes we began to have more Decentralized exchange launching regularly.