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Messages - BazinyAmg

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1
Gambling discussion / Re: Learn to play or it remains luck?
« on: Today at 10:32:29 AM »
Mastering binary trading requires time and practice, they difference between gambling and skilled based skill activities, in gambling you need a bit of luck because it plays a significant role and most time the outcome is unpredictable. But skill based  do not require luck when you have a strategy and has some expertise knowledge it can actually influence the outcome, gambling outcome are mostly out of one's control.

2
Relying on your certificate is really not a very good idea, because it will only limits your growth if you are not a genius in that particular field, your certificate alone can not keep you at pace with the reality of this modern world and the introduction of technology which is gradually taking over the jobs of some given field. But by gaining practical skills through self learning and real world applications will be so valuable.there by making you an asset. It will very good if you Balance education with continued learning and adopting skill learning also.

3
By improving yourself you create rooms of opportunities for yourself as you become a magnet of attraction due to the skill and knowledge you gained, as it's paramount. I strongly believe that one should make it a habit because it's a journey of self- awareness, learning and growth.

4
Crypto firm and bank serves and operates differently and also in purpose. the crypto space aim is to have a decentralized system thereby giving people free hand to control their money and also provide new ways to transfer value, notwithstanding some people still see crypto as a potential game changer to traditional banking. To me I think it's not about overthrowing banks but rather it's a matter of choice.

5
Binance Smart Chain + Ecosystem / Re: Binance Smart Chain platform
« on: May 05, 2025, 09:56:50 PM »
The reasons  why Binance Smart Chain is popular (BSC) is the fact that it's user friendly and it has the lowest transaction fee that is so attractive compared to others, it also has a guarantee security architecture as BSC has never been hacked or experience any major hijacking like Rug pull or scams.

6
There is people who only come to bitcoin investment with the mindset to instantly double their money within the period of change in bitcoin without knowing what the price of bitcoin could turned out to be within next moment. So before discussing with anyone about bitcoin or to invest in bitcoin carefully pass the knowledge about the volatility level before they could finally take their decisions to investment in bitcoin or any other cryptocurrency because whatever that happens to the person's fund you could held responsible for misleading them to invest in cryptocurrency that leads to their lost.
Bitcoin does not work way but once they noticed that the way Bitcoin is operating is different that you can not just invest and start making profits out of it. It requires patience and the person investing truly needs to understand how Bitcoin work. The problem now is that some people are blocked headed and even if you explain to them the nature of bitcoin they will still want to invest and  when situations come to worst then they will start looking for who to blame about their loss and during explanation about the whole bitcoin thing they did not care untill when they lose money.
you are totally right about this, bitcoin is not a get rich quick kind of investment. It requires patience and understanding of the market trend and your ability to learn. Some people might not understand how it works, but they still invest in it and when it doesn't go their way the blame others. It's very important for anyone who wants to go into investing in bitcoin should try and get some knowledge about bitcoin nature and risk involved. Blinding investing in it could lead to potential loss of investment.

7
Basic Questions about Cryptos / What is NFT?
« on: May 05, 2025, 01:22:50 PM »
 I have been seeing  NFT everywhere, and i also read about them. but i still don't  what they are all about, can someone help explain what makes them so unique? And how can someone benefit from it, what the big deal about having one and how do people gets it.

8
Bitcoin Forum / Re: How far can Bitcoin dominance go?
« on: May 04, 2025, 06:47:25 AM »
Bitcoin dominance depends on market trends, altcoin performance, and institutional adoption. While it remains the leader, new innovations are emerging. BlockDAG, for example, is making waves with the biggest presale in history and a focus on sustainable mining products. If projects like this gain traction, Bitcoin dominance could face competition, but its role as the first and most trusted crypto keeps it strong. The market is always evolving!
the crypto market is dynamic, and Bitcoin dominance has been a longstanding trend with it recognition and Widespread adoption has played more roles on the influential dominance of Bitcoin. Innovation and emerging projects like  BlockDAG can possibly challenge the current state. I strongl, believe the market evolution will continue with bitcoin facing potential challenge in innovative projects.

9
 Telegram mining has indeed seen a decline as individuals are no longer interested in it anymore, and so many projects are currently struggling to keep users engaged. I think the token burn can be seen as an attempt to revive and make people have interest in it again, so many persons might even see this a trick or tactic, rather than a genuine move to improve the project. Even if they should burn more token i don't think it would be enough to bring back the decline in interest.

10
The situation raises a lot of concern about the potential risk and implications of bug bounty programs, while this program may be rewarding they can also be use for exploit by criminal actors, hackers may use bug bounty rewards as way to validate their actions and profits from stolen assets.

11
Bitcoin Forum / Re: Mine Bitcoin or Just hold it?
« on: May 03, 2025, 11:06:12 AM »
Some people invest in bitcoin by mining while others simply buy and hold. Which method do you think is more profitable in the long run?
It's no longer advisable to be a solo miner, even in the last 4 years, cost of electricity and then the hardware, so can't just simply mine at your own home. And if ever you do, you will want to compete with bigger mining companies that obviously has the superpower advantage against you. So between the two methods, it's better to just be a holder, accumulate as much as you can, do DCA and you will be fine in the long run as you will not complicate things on your end and will just have to wait till the top of the bull run to make profits.
I think accumulating and holding cryptocurrency can be more sustainable strategy for investors, and also investing a fixed amount constantly can help mitigate  the price  volatility because this approach help in takimg care of difficulties rand risks associated with mining.

12
Do see traditional banking adopting blockchain and adding it into their already established system of operating, to improve efficiency and reduce the cost of running it, can they be competitive and take this opportunities that comes with this technology.

13
Yes blockchain technology is really growing so fast, with a lot of numerous opportunities, the coming of this innovation has revolutionized our various financial dealing as it enables fast and secured dealing, which has brought a lot of people together facilitating idea sharing and also promoting global adoption.

14
I strongly believe if countries can adopt the use of Bitcoin as means of payment, it would go a long way in helping in the reduction of of transactions cost, and also proving financial services for undeserved population and by accepting bitcoin as a medium of exchange it can give countries a competitive advantage in global economy and help cub corruption since bitcoin works on blockchain and it's decentralized.

15
Cryptocurrency Trading / Re: Trading is not same thing as Gambling
« on: May 02, 2025, 11:25:00 AM »
Gambling and trading are two different things while trading involves a strategy, based on market analysis, risk management and having knowledge of the dynamics of the market, and also traders are bound to make informed decisions based on the available data. while gambling is largly based on chance.

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