Quote from: ajiz138 on May 15, 2024, 03:37:04 PM

Quote from: Dr.Bitcoin_Strange on May 15, 2024, 02:08:09 PM

Most definitely.
There's no limit to how much a person can lose in gambling, no matter how much a rich man has, if he chooses to gamble out of control then he is surely paving his way to poverty because he'll surely lose all his wealth if he doesn't stop and retrace his steps.
That's why I always say that a rich man who is addicted or struggling with addiction has even more to lose than a poor addicted gambler, because the worse that can happen to a poor gambler is to remain poor but that's not the case with rich gamblers.

So that's it, when someone has a lot of money, maybe they will spend more money on gambling, and when the person is poor they will spend less money on gambling, but it will still create difficulties even if they spend no more money. bigger than rich people.

Around me, I have never seen someone who got rich from gambling, that someone would experience difficulties when they gamble. And I think this happens in all environments.

I have came across someone who made fortunes from gambling and all of the sudden he wasted those resources back to gambling because of improper planning, he was thinking to have the total control of himself that he would still win a huge amount after using about 70 percent of his total winning from the site to stake back another game which is to give him about 10x from the previous winning he ended up wasting those funds just like and today he is trying to rise back but is not possible for him.

Even if a gambler wins in gambling, there is no guarantee that he will be able to enjoy his winnings. It is a common phenomenon in gambling that many of those who hit the jackpot get down again. But those who invest their winnings in some profitable venture can get good benefits from it in their calamitous times. People who do not use their winnings in gambling are more likely to lose money. Proper use of winnings is a major factor for surviving in gambling.

Now Bitcoin in positive positions. After Bitcoin halving it was negative position but gradually it being positive. Now bitcoin price near about $67k. I think it will gradually increase and within this yeas Bitcoin price will hit minimum $120k. I strongly believe Bitcoin price correction has been passed. Now we will see Original creator of Bitcoin.

One of the major reasons why the market will be bullish is that the after bitcoin halving the price falling to 57k but did not last long. In a very short time it has turned upward again. Investor confidence and there is a big possibility of the market bullish to high after the halving until that happens we can definitely assume that the price of Bitcoin will increase. I expect a bullish movement in bitcoin price that probably reach to 100k or more in this year or next year.

I didn't start to sell in this cycle yet, I plan to do so after we pass 80k. I hope we do soon

I think if the market crosses 80K then the market can touch 100K as well. And currently the market is standing at around 67K but there is not enough confidence due to which the market is increasing but it is decreasing again. But I confidently believe that the market will quickly turn bullish again. A bullish movement can be seen especially in the last quarter of this year. I am holding my investment and I will hold my investment until my expected level is reached.

Quote from: akeemqaz on May 15, 2024, 02:42:15 AM

I maintain holdings in certain cryptocurrencies while simultaneously utilizing Bitget's smart portfolio feature to pair a portion of those holdings with Bitcoin. This allows me to accumulate more Bitcoin automatically if my altcoin holdings increase in value relative to Bitcoin.

Nice idea but accumulation shouldn't has happened on the exchange, do it on your own wallet, the one you can control and have power over. An exchange like Bitget is not even popular, if they disappeared today, you will have no where to run over to but keeping your coin on your personal wallet or in a hardware wallet will help you secure your Bitcoin.

You can use Electrum if you decide to keep only Bitcoin, this software wallet is the best and you can create one offline so your private keys don't get vulnerable to scammers.

Those who keep their money in an exchange wallet and lose that money, then he cannot survive on the investment platform. I held my investment in an exchange that I started investing and after few days suddenly got hacked. I was informed by that platform that my assets were frozen. They recover that money taking almost more than 3 weeks. To what extent an investor's attitude can go in such a situation only those who suffer can appreciate it. I henceforth do not recommend keeping my large assets in any centralized exchange. If it is a small amount then exchange platforms are good but for long term investment hardware wallets are definitely the safest.

A few exchanges can offer good trading facilities for those who want to invest in Bitcoin. Some countries where cryptocurrencies are not legalized they can take the opportunity. Especially those who use Binance and KuCoin will get an opportunity to invest in crypto by doing P2P transactions. At those platform you can buy USDT first and then you can easily buy Bitcoins. These platforms have shown considerable efficiency in P2P transactions.

Though trading and gambling are two different things, in my opinion those who are not well versed in trading related matters, there is no difference between trading and gambling. A trader needs to acquire various skills for trading. But gambling does not require much skill. Because gambling is largely dependent on luck. A gambler can gain a lot from gambling if he gambles with little knowledge of gambling but there is no chance of making quick money in favor of a trader.

Quote from: pmbug on May 11, 2024, 07:58:14 PM

I tend to buy and hold instead of actively trading.  I own and have staking positions with (in no particular order):

Ethereum (ETH), Solana (SOL), Cosmos (ATOM), Cardano (ADA), Polkadot (DOT), Avalanche (AVAX), Polygon (MATIC), THETA & TFUEL, SUI and a few bucks worth of VARA.

What you are doing now is good at holding several altcoins which also have potential, but I don't know why you don't also include BNB in it, because in 2021 BNB has provided the best ATH. Hopefully you will think again about being able to also place it.
Staking is indeed the safest way, but I don't see it having potential if the price goes down. It's better to do short-term trading if you dare to do it. It has a lot of potential at times like this.

Undoubtedly BNB is the best choice for investment. But after 2021, the chances of this gradually diminishing as we know that the SEC has filed a case against BNB. Due to this, there is some panic among the global investors. We expect definitely BNB will win that case but for the time being many have put their plans for hold. Everyone who invested in BNB held for the long term.

Quote from: Vx1 on May 10, 2024, 07:40:17 AM

Quote from: MrSpasybo on December 24, 2023, 02:43:21 PM

Does your country have a plan to accept crypto? Are you willing to use crypto as a legal payment method alongside fiat currency?

It cannot be said that our country has fully accepted cryptocurrencies, but there are already several regulations regarding cryptocurrencies.  Such as tax on income from crypto and the release of a list of crypto that is legal to trade, this shows that in fact in our country there is no prohibition on cryptocurrencies. 
And if possible, we will definitely also use crypto for buying and selling transactions, but for now all of that is prohibited.

Crypto is still prohibited in several countries for payment methods but is permitted for investment, I think this is good enough for the development of crypto in several countries. because its citizens can invest safely.

In my perspective that governments are implicitly allowing Bitcoin, even if they don't allow it directly. When investment is allowed in a country then Bitcoin will also be considered as a payment method in that country but it may take a little longer time. Some countries have already legalized crypto and the number will gradually increase. After the emergence of Bitcoin most of the governments of the world did not support Bitcoin but that did not decrease people's interest in Bitcoin.