Quote from: Rruchi man on April 26, 2024, 08:09:32 PM

Quote from: Dr.Bitcoin_Strange on April 26, 2024, 06:02:35 PM

I believe the question is if you'll still keep on gambling after suddenly becoming rich and not after hitting a big win. They're both two different scenarios.

I agree that there is a difference between the two.

The rich still gamble, and some even gamble for more money already, so that means that being rich will not immediately eliminate the feeling of wanting to gamble for more.

An addicted gambler will always gamble, even if they are no longer rich but now wealthy. Gambling will become fun, and maybe to make some more money.

Even rich people get addicted too to gambling, but most gambling problems are mostly amongst poor people. Because the main thing that leads to gambling addiction is a gambler viewing and approaching gambling as a way to make money and increase their wealth or viewing it as a source of income or career without truly possessing the required experience, knowledge and skill required to approach gambling as a career. And we know that this is common amongst poor gamblers.

Rich gamblers on the other hand they mostly have sources of income so cannot consider gambling to me one because I'll say they actually understand the risks behind gambling, I believe this is what helps them to keep their emotions and finances in check when gambling.

Yeah exactly. Poor people do gambling more than rich people though there are gambling addicts that were from rich family as well but there were only few of them because majority comes from poor people and one more thing money is not a problem for most rich gamblers since they do have stable source. Based on my observation here in my place that is what the reality is. Regardless of financial status both can gamble even after a huge win.

Hey folks, been thinking. As we enter into the bull run. What are they safe practices you'll be adhering to in order to maximize profits? Kindly share below let's have a discussion

DCA or dollar cost averaging is for me the most safest and maybe the most profitable strategy so far I know. Since we are talking about bull run here this strategy is perfect and it is proven by many. Don't be greedy on your investments rather be patient and wait for the best opportunity.

There are things that one should be given a thought to happening, there are things we shouldn't. The thought of cryptocurrency making money disappear in the future is impossible to analyze that fact even though we want or make use of cryptocurrency in storing our assets, not for money to disappear entirely because of that since money can still be used for the payment of goods and services, and also pay little bills without the demand of internet connection or transactions fees. That advantage alone makes the use of money supersede cryptocurrency.

Yeah exactly. Cryptocurrency and fiat can operate along side each other to come up a much better financial flow in the society as they do have different technologies that might also correspond to their respective function as what they were intended to be. i mean their role as a crypto and a fiat makes the people to decide which of which works for them.

Quote from: SamReomo on April 28, 2024, 03:07:19 PM

They are now avoiding US users to be safe from SEC and that's a sign that they have done something wrong.

Wasabi wallet is not recommended, but that is on the basis that they offer selective privacy, but blacklisting certain utxo's from their tx. However, leaving the U.S market doesn't mean doing something wrong in my honest opinion, i believe they have seen what just happened to Samourai wallet and they are trying to be a step in front.

Well yeah maybe they just want fix something or what but that's natural I think as most TOS might say they do have the right to change things on their control though I am not that sure about the exact term for that maybe discretion but that is what I observed in every services offered. What happened to Wasabi might also be compliant or not to regulations to US SEC but that is up to the users though I am not from the US but this might personally be an intriguing topic or issue for me. I personally do not use Wasabi myself just to be honest.

Sa ngayon wala pang magandang perspective kung aakyat paba ang Bitcoin o hindi pa pero dahil block halving nga dapat talagang umakyat ang price ng Bitcoin.

Ang nakikita ko lang sa pattern ngayon na may posibilidad na bumagsak ang presyo ng Bitcoin around $52k restest at mag babound din ulit pa $60k prediction lang ito dahil na rin sa galaw ng presyo ng Bitcoin at kung mag fail sya sa minor support pero kung hindi possible ang pagbagsak ng presyo nya ay babalik sa around $60K kung mag lalaro lang sya between $62k to $66k base sa galaw nito at sa tulong narin ng fibonacci retracement.

Tignan nyo tong image sa baba.

Patuloy yata correction ni Bitcoin pero base dyan sa chart mukhang aakyat pa nga sya kung walang breakout  na magaganap dyan sa retest trendline na nakaplot pero yeah di ko talaga kabisado mga pangalan ng mga nakalagay sa drawing pero may konting ideya ako sa galaw pero syempre mas nakakatuwa yung drawing ng mga expert sa technical analysis kahit fibonachi di ko sya masyado alam familiar lang ang name.

Back to the topic, I think magandang magbuy dyan sa $50k-$55k if ever na mahit man yan in the next few days or months. Kung titignan naman natin yung trend sa price chart ni Bitcoin kung ilalagay natin sya sa "all" timeframe ay talagang paakyat ang price ni Bitcoin kahit sa 1 year timeframe ay ganun padin nagkaroon lang ng makakihang galaw nung nagbull run sa 4 year cycle yata.

I am wondering why husbands don't have any idea about the wifes gambling activities? If they are living together, then why bother not saying anything right? Or even if you don't, your husband will still knew it and as long as you both are financially stable and talk about it I think it doesn't really matter.

Quote from: 0t3p0t on March 29, 2024, 01:59:07 PM

Quote from: Mr. Allcrypto on March 29, 2024, 01:40:17 PM

I agree with you, in summary of all you've just said is that in order to maintain your finances and for you to grow financially, set a good budget, so that you can control your spending.

That is what really we should do every day because if we don't have set of goals with us we will end up spending every penny we have on our purses. That is what will drive us to the top. We should also be responsible and patient.

Financial management matters a lot in our lives, because anyone with poor financial management will not know his important needs and put them first. Rather they will spend their funds on what is not necessary or important to them. This will make you not have enough to save and invest, because you will not be able to manage and trim down your expenses in order for you to have extra funds that you can use for something important in future.

Exactly. And this actually happened to me once before. Mismanagement really cause disaster to our funds as we might spend it all indiscrimately for nonsense things and that would make us regret in the long run. If only we knew it early, if only I can go back time but yeah it's all done and what done is done.

Quote from: 0t3p0t on April 20, 2024, 03:08:13 PM

I think investors were forced to hodl because of the higher fees right now. 😁 I think the 2020 halving was also affected by the pandemic that is why it's not that great as 2024 so yeah we'll observe this until 2028 because I know there are a lot of thing that will happen along the way of Bitcoins next halving and that will surely affect the price actionin 4 years cycle.

Yes, most of the investors have to hodl their Bitcoin because the fees currently are very high as compare to previous days. I think something is happening in background, why have fees risen to such high levels after halving?

I'm sure that after the halving event most miners won't be disappoint because of those high fees, as they are getting some goof rewards in the form of fees. Yes, I also agree that so many things will happen before 2028's halving.

I'm pretty sure that in next halving Bitcoin's price will go over $150k or at least 2x of its current halving value that's going to be $126k. Let's see what will happen in 2028's halving event.

High fees is due to Runes token that was launched the same day halving event had happened. But right now it has come down to atleast more or less $2. It is good to hodl Bitcoins if we have a stable job but if not it's disaster since we might sell it when we loss it's value due to correction especially in times we need to cash it out. Though we still have time to accumulate so we just need to relax no pressure and buy when we have extra money through DCA.