Quote from: LUCKMCFLY on April 30, 2025, 12:53:23 AM

Yes, it is a fact, things will always be favorable when they happen with effort, however I say it with clarity and certainty that in trading it works like this, in other systems it may work, but knowledge is something key, sometimes in trading it is knowledge and if you can stick to just knowledge, but when you manage to mesh knowledge and integrate it into operations, then it is another level and that is when it is worth knowing a lot.

Effort is a must, we can't succeed if we don't do any effort. One of the effort is to improve our knowledge and experience. This is a must in trading, learning is endless. I agree that knowledge is the key to success. Without knowledge, we will have no idea to do proper efforts. For example in trading, we can't do right analysis if we have no knowledge. So, it is very clear that knowledge is everything in trading.

I agree with the fact that more knowledge makes one make better decisions while catering to the element of flexibility, quick responding to any changes, is also necessary. Not all the knowledge that a man acquires in his lifetime is applicable in every position he finds himself. There are occasions when one must cut the pipe and start paying more attention to the market signals as opposed to forcing theoretical rationales. It does not mean at all that learning is wasted but one needs time to adapt, not only cram. If you put pressure on yourself to score better and always have the perfect solution to every game, problem or question, then you will be stressed. Therefore, it is best that you learn with this understanding that you cant control everything that happens.

Quote from: Gposas on April 29, 2025, 10:18:37 AM

The Crypto industry is a very large space with different ways to enrich it's users which most of us here knows about. I once read a post concerning how we could make money in the Crypto world and various thoughts from different users triggered me to create this topic What aspect of Crypto is likely Gambling?

Most individuals compares crypto trading to Gambling, others compares crypto airdrops (P2E, A.K.A Tap-Tap) to gambling. While some still compare the likes of presales, ICO's, Investing in memecoins, pump and dump schemes etc to gambling.

Though most users do their personal comparison but in this present, what aspect of Crypto can be equated to gambling?

Your thoughts.

Everything you have mentioned is gambling indeed. Other I would personally add is altcoins bounty hunting, I have done plenty bounties over the years and handful of them were worth it, while most weren't.

I agree that most bounties are not worth the effort. I also feel this is a hard but important learning experience. Here you are not only looking for profit but likewise knowing which projects are actually good and which are just a gimmick. It isn't gambling because in gambling, you have no control of the outcome of the event, with bounties though you have the option to choose, not to join what questionable projects you see, we can study the team, and we can look at value. Once you approach it as an exercise of filtering and developing your intuition, in fact, it’s more about the excitement of the adventure than just chasing coins. You can gain a provision that is much more valuable but may not always be great results.

Yes, it is a fact, things will always be favorable when they happen with effort, however I say it with clarity and certainty that in trading it works like this, in other systems it may work, but knowledge is something key, sometimes in trading it is knowledge and if you can stick to just knowledge, but when you manage to mesh knowledge and integrate it into operations, then it is another level and that is when it is worth knowing a lot.

Yes, education is the best weapon and breeding, but to my mind, not the result depends on what you know. While the substance of knowledge may be crucial, the important thing that counts is how to utilise it. When the market is in motion, many people read so many books or attend and numerous seminars and yet they are stranded. At that point you will come to the conclusion that experience and habit have more peg. I am sure that it is possible to learn from practise and not only stayings at the sources of the live market. The most important thing is continuous learning, but at the same time, there is no need to wait until you gather all the knowledge to act, one has to work with what he or she has.

With the disappointing airdrop rewards distribution, it makes the airdrop participants decrease and the enthusiasts are not as many as before. But I agree with you, the airdrop project will not disappear in the crypto project because it is part of the promotion of the dev team so that their project succeeds. We will always see airdrops and I also see that many are still participating even though the rewards are worthless.

I believe that is quite logical because airdrops are not as rewarding as before they used to be. In the past, the people also wished to get high gains despite investing a small effort. But now, people have begun to shift dully on their heels and thinking that anything they get, if it is tagged as ‘instant’, won’t take long to wear out. Thus, there must be some explanations for the continued use of the airdrop. They are not only for advertising purpose but also for the new projects to establish the first group of followers. You may also be more selective now and this is even better in many ways than before if being selective was the main reason for your past behaviour. They said that if you want results then you will be let down many times. However, if you are interested in supporting the project, which you expect will have continued progression in the future then, airdrops can be the initial stage.

Quote from: yohananaomi on April 22, 2025, 05:33:13 AM

The rule should also be able to adopt the wishes of those who do it, because in the end, everyone will benefit, and it should not be one-sided because there could be violations and that could happen. I agree that the advantage is that the tax is not too high and, in the end, everyone can accept and follow the existing rules, because it is also not good to violate the rules that have been made.

That's what we want, everyone is happy and everyone benefits. both from the community or cryptocurrency users in particular and also the government, but what often happens is that we are the ones who are harmed. Sometimes the government acts as they please, without thinking about how hard it is for us to collect profits in this cryptocurrency trading.

Most people hold this notion that crypto is a quick way of making money, in the fashion that many of you are doing, it is business. The two rules seem to say when a person tries to be genuine, he is penalised for not being productive in a world that is unwilling to accept his sincerity. But I think there is still a free will involved in this process. To survive or persevere depends on one’s level of intelligence. Signal from the context, follow changes and do not be afraid to change direction. For a long time, one can keep patience and keep focusing on work so the chance of being one of the few people who can live in this hostile environment is not out of the question.

The DCA scheme is indeed very useful for those who want to have bitcoin, but because the price is very high, doing it like that so that when the specified time period is over, they will have quite a lot of investment.
Everyone will do as you say, because if they have made a profit, they will definitely continue to do it again so that it can be sustainable and continue to produce.

You are quite on point that DCA allows many people to establish a bitcoin portfolio that is sustainable and gradual. The other advantage of purchasing small quantities is that when the price fluctuates small buys can be of much help at some point in time. But, I also believe that it needs more than mere gazing at the returns in order to work on this habit. There is some form of faith in the asset and this is especially so when the market operations involve some form of emotional incline. I agree with this but I strongly believe that not everyone will progress to this method, even though it is rather effective in the first place. To get the maximum benefit out of this strategy, one still has to be committed and patient over a long period of time.

This microstrategy guy is also cruel, no matter how much bitcoin he has, when he dies he will burn his private key or bitcoins. A message that he doesn't want anyone else to benefit from his saved bitcoin. I just don't know if he also doesn't want to bequeath it to his child if he has one.

Maybe when I get old and I know that I will soon return to earth, I will bequeath the bitcoin or crypto assets that I will save so that the benefits of my savings
for my child or family will not be wasted.

Of course, everyone also get involved in making decision processes regarding how their wealth is to be dispatched, more so when dealing with the eminent risks associated with cryptocurrencies. Some may prefer when it comes to the issue of delivering bitcoin or any other asset more comfortable when they prefer not too. However, many persons seen wealth as an inheritance for the next generation with a probably hope that such a generation will benefit from such a legacy. However, in the aspect of security and trust managing Bitcoins is never very easy especially if one has to give the responsibility to the family members who may not know how to undertake such a task. However, if well planned for, then it turned out to be a good investment that favours us and our loved ones in the long-run.

If this is indeed implemented we will probably see kyc mixers soon. This is going to be a truly privacy enhancing service, especially for mixers. Crypto mixers allow for increased security and privacy in blockchain transactions. So they don't want to be known as weak and on the other hand they must be an enabler for hackers especially the hacker group and recently we know some exchange got the hack problem. As mixers become kyc many will want to use centralized exchanges for easy mixing. But mixers should do something to protect their businesses and not be subject to investigation and later closure. No one wants to weaken in his business and always make customer service more valuable.

I understand that the reason for the attempts to make the mixers more transparent through KYC is in the fight against fraudsters and abuse of the service. I also understand that all those, who care about their privacy, will feel that they are being deprived of something important. It would be rather fascinating if a service was provided to users that did not disclose the private information of these users but also did not go against the law when doing so. It is true that, those who have realised the importance of privacy, would definitely want a solution that ensures the basic right not only has a mere face value but is actually protected and safe enough for the people to perform simple transaction freely. To the best of my knowledge for now, this is what I know, there is about the fact that this Mixer was established basically with the primary function of preserving the secret of one’s wallet or asset owned by one person.