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Re: Bitcoin, gold or silver
in Trading Discussion
You definitely did right by making some profit at least from Gold which has shown a slow and steady vibe lately and this means you entered knowing this was a low risk asset to trade.
Silver and Bitcoin show strong volatility and consolidation or balancing stage, respectively.
To make profit from Bitcoin is always by holding long term instead of trading for low profit margin. It's better to trade Gold, even though you might get lucky at Solana next time because of its high risk and high reward margin that surpass Gold, silver and Bitcoin in the short term.

#1
Re: New Bitcoin ATM spotted in South Africa
in Bitcoin Discussion
This is quite interesting as South Africa keeps topping the chart on BTC ATM in the African soil. I am happy that the African nations are not left out of the adoption, as we can see that the majority of the African nations are already in the know and are working out modalities in making sure they have their own share of the bitcoin experience through  their policies and laws to regulate the cryptocurrency activities in their countery. This shows how fast Africa could be developed  in the years to come and also the ability to quickly adopt new technology without wasting much of time.
Africa is definitely looking up to Bitcoin as a good currency of value that's why a country like Nigeria, yet haven't fully adopted Bitcoin as a legal tender but accepts it for tax and remittances payment and considers it as an asset to invest in.
This country am sure ranks above South Africa in Bitcoin awareness though, but South Africa have gone a step further to show it can manage systems that facilitate a structural integration showing open adoption, therefore making easy usage of Bitcoin with this ATM machine possible, because it is a committed effort for betterment of the economy and a show of an open acceptance of Bitcoin as a currency that can be used for commerce.

Although Bitcoin can't be withdrawn from these ATM machines because it isn't a physical currency but a digital one, am sure the goal of these ATM machines coupled with whatever cards comes with it for the transaction, serves to easily swap Bitcoin from a wallet address to a more stablecoins or fiat currency equivalent for withdrawal or transfer or for payment purposes.
#2
Re: $133B for betting
in Gambling discussion
It actually makes much sense, if you consider how accesible and easy betting on sports has become in these times.
And my personal projection is obvious, it will continue to grow in the coming years, as this new generation of people are going to be accustomed to bet and have access to internet.

We are not longer in eras where one needed to get out one's way in order to bet and gamble. Now one can do it wherever and whenever we are.
The stat of $133b for betting is logical and well aligned, because without live betting options, individual sports fans won't watch live matches anymore. It is always fun to watch a live match mostly when it concerns your favorite league or club sides, after having placed a bet or about to bet, while the match kicks off and people even try to make out time just to be present for the matches, therefore amounting to more views from the public and more money for sportsbooks and tv channels that air these matches with sponsored ads from marketers and content creators alike.

#3
Re: Has crypto improved your life financially or made it more stressful?
in Bitcoin Discussion
I’ve been thinking about this for some time now, and I believe many people here may have experienced the same thing in different ways.
Crypto is often presented as a way to improve your financial life, making profits, gaining financial freedom, and having more control over your money. But at the same time, I also see many people struggling with losses, market pressure, and the stress that comes with price volatility.
Personally, I feel crypto is a mix of both opportunity and stress, especially for beginners who are still learning. Some days you feel excited when the market is moving in your favor, and other days you start questioning whether you made the right decision to enter crypto at all.
So I would really like to hear from other members here:
Has crypto actually improved your financial life Huh
Or has it made things more stressful for you Huh
Do you think the stress is worth the long-term benefits?
I believe this discussion can also help both beginners and the amature who yet to secure the profits they desire understand the reality of crypto, not just the success stories we see online.
I would say cryptocurrencies has opened my eyes to better financial knowledge and applications. It has given me an option or an alternative where commercial banking system fails to meet up and when it comes to investment options, it pops up as a good diversification venture that assures some form of privacy and personal control without third party intermidiaries and with value that isn't affected by inflation or recession.

It could be stressful learning about cryptocurrency at the initial stage because one has to understand that there's a difference between crypto and Bitcoin or altcoins. While crypto concerns the systems and applications built to enable Bitcoin and other crypto currencies function smoothly, Bitcoin and altcoins make up to form cryptocurrency that has several investment benefits and usage options that can cause growth and drive both micro and macro economic wealth success.
#4
Re: Do you think this software can help you with your lotto betting?
in Gambling discussion
Let us just use some common sense.
Let's assume you are a software developer and you managed (somehow) to create a software which significantly enhanced and increased your chances to win the lottery in your country.

Why would you even need to sell that software for 30$ per copy to anonymous people on the internet?

It does not make sense to sell what it is basically a money printing machine for 30$.
Even if the creator of this software acknowledges that past numbers cannot be used to predict future ones, they are just using facts and reality in order to get a façade of professionalism and credibility.

This is probably worthless.

That's what I am thinking here. Because if you can really hit the jackpot because of this software, why not use it for your own consumption? You don't need to sell it to others. So that's the doubt on this action. You will doubt its motive and so the authenticity of the claim. But if you have a lot of money, then, you can try buying that software. Who knows, you have you better chance to win? But for me, nope.
This is looking more like sports analyst and forecasters trying to introduce a make believe system to collect more money from those who are greedy and too desperate for a win in lotto,  because am well aware that lotto is a game of chance unless it is rigged somehow where only a selected few are in on it.
Even AI bots that are still a new thing in application and integration can't fully be successful at helping with a perfect win, let alone a software looking like one with such promises of sure wins in lotto.
#5
Re: Security Vs Convenience In Crypto
in Bitcoin Discussion
For mass adoption to happen, crypto must become easier to use.
But every layer of convenience seems to introduce new risks.

Should we sacrifice security for usability?

Events like the collapse of FTX reminded the industry that convenience sometimes comes with hidden risks.

Many users prefer centralized platforms because they are easier to use than self-custody wallets.

For crypto to reach mass adoption, do we need more convenience or should the focus remain on security and self-custody?
In recent times, if you have noticed, hybrid models are more being used to make sure mass adoption is achieved, giving individuals or businesses the options that suits them best when they either decide to trade by investment, hold or transact using crypto currency, with their security or convenience as core focus.

Moreso, I strongly think and recommend that new technology is the way forward to make security more invisible instead of improvising on failed centralized or self custody platforms that look convenient but remain exposed to corruption.

#6
Re: Using stop loss? Are you in profit?
in Trading Discussion
-snip-
I bought ETH for $4250 last time, and then it pumped above $4700, and I had set up my stop loss at $4600. Unfortunately I cancelled my stop loss, and now you can see where Ethereum has been trading. If I hadn't cancelled my stop loss, then I would buy more Ethereum at a cheaper price. So we have to know when we should use it or when we should cancel it.
Stop Loss is still needed under any conditions, I also apply it to the upper and lower limits that I will define so that there will be no losses that exceed the limits I have set, or Use Auto Take Profit for the upper limit when the price is bullish.

I never used a Stop Loss, then the market was bearish and I was not monitoring the market and in the end I had more losses.
Then I had to buy more to accumulate a lower buy point so that I didn't have too many losses.
In this 2026 first quarter that so much has been ongoing in the Bitcoin market, I still wonder why a trader wouldn't want to use stop loss as a risk management practice to prevent a sudden dip that often times than not, leads to loss.
Stop loss for me is like the brakes on a car and it is necessary to be safe mostly as there's volatility recurring in an almost constant state this first quarter of the year alone.

Institutional manipulation is another issue that makes using stop loss look weak, but it's still the best approach of safety for newbie traders and occasional traders, even though the more professional traders would prefer getting alerts because they are always online and glued to their screen.


#7
Re: Do you bet according to the market trend?
in Gambling discussion
Nowadays we see people betting on the market trends, what I meant by market trend is when people see superior team as people to win without them considering some factors, and circumstances that may occurred while the game is running; such as corner, penalty, free kick or even offside. All these could make you lose towards the superior team, so I want know if truly you consider all these before placing your bet or you just bet towards the trend and hope to win. Similar cases could be Arsenal 0 : 2 Man City, where many people believed on the market trends and give winning to Arsenal without knowing that Man City could outperform them. At this point, do you draw your conclusions to place your bet on superior team or underdog?
You classifying Manchester City or Arsenal FC as either underdogs or superior team is a mis-classification on my path, because both teams rank among the top five top dogs of the English league and am sure in the world they rank between 1-20 on the top spot of best teams in the world.
Where the underdog teams shout come from should be from those teams at the bottom of the table or from different lesser leagues playing against those teams like Arsenal or Manchester City or any of the top five.

I always prefer to use history of past encounters because there's pride and moral boost as the fuel that makes such encounter become so packed with real flare and professionalism instead of going with the market. I pick overs or unders or draws and include straight wins all on different tickets to get different results.
I never underestimate or overrate any team mostly when it comes to the EPL.
#8
Re: Insane strategy still doesn't play out
in Gambling discussion
~
Why don't you include using $10 to bet on the draw option alone, I know odds like this between home and away always give out 2.30 which can literally give you back your money if draw happen, but this time around, if you loss, you'll never loss 100% of your capital, at least 30% will be lossed.

What do you think about that, it's not advisable though but at least needed at some point.
That would make up for three different bets with more funds to spare, but at least there's a better chance of getting a win.
So many strategy has been deviced and the best part is that, these strategies are born out of the pain of loss.
I also at a time got lucky whenever I used small odds with more games, but the thing about these strategies is that it becomes difficult to yield result overtime, which means a bettor has to think of another way to have an advantage over the house.
#9
Re: When losing most in trading
in Trading Discussion
Of course, am among those who would choose yes anytime and anyday because of similarities in experience we both share , which led to the creation of this post.
I think a break is always the right solution as it has worked in my favor as well and just as applicable to me on most occasions when I gamble, chasing losses is a financial killer. This makes me always apply the risk management practice of withdrawal of my profit immediately and leaving only a small amount, incase I can't control the urge to chase my losses or intend to take a break and continue later on.
#10