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Showing 19 of 19 results by Figerland Shamrock
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Re: Another Reason Why Bitcoin Will Go Up
by
Figerland Shamrock
on 10/09/2025, 16:03:56 UTC
Bitcoin is the hardest money and the most superior form of money humanity has ever used. Compared to the fiat system  which is a complete pyramid scheme that relies on constant money printing and injecting fiat currencies into circulation Bitcoin stands apart.

Fiat printing causes inflation and the rising cost of everything, while Bitcoin has a hard monetary policy, a clear issuance schedule, and inflation that gets cut in half every four years until it eventually reaches zero.

The loss of Bitcoin only adds to its scarcity.
But the main reason why Bitcoin will continue to rise forever is the endless inflation of the fiat system Bitcoin has no top, because fiat has no bottom.
I agree that, ultimately, Bitcoin will continue to grow and become the world's largest currency.
In fact, people all over the world will soon become familiar with Bitcoin and use it for everything from buying and selling to investing.
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Board Gambling
Re: Offline gambling!
by
Figerland Shamrock
on 09/09/2025, 16:56:06 UTC
Offline gambling can be rigged and manipulated thats why I don't get involved in it...This also results in conflicts and unnecessary fights among people in order to maintain privacy and peace I prefer to gamble online...from your whole story it shows how offline gambling can be very dangerous..This is actually the reason why everyone prefers to gamble online instead of gambling with other people
When I was a teenager, my friend and I cooperated against a guy to win money from him, we won it but later the person won back both my money and my friend money. We were in high school at the time.

That was the last time that I remember that I gambled with someone offline. Since I am older, I prefer online gambling, I only play games with my friends and to make it become gambling has not happened before.
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Re: How to avoid stress in a market crash
by
Figerland Shamrock
on 08/09/2025, 15:38:37 UTC
Feelings of anxiety, restlessness, and panic may be felt by anyone who has invested in bitcoin, especially when its price has fallen dramatically.
But stay confident, be patient, and trust that everything will return to normal. 
Try to find other activities to help distract yourself from those feelings of panic. 
Be confident! The next all-time high (ATH) will definitely happen, even if we can't predict exactly when—it's inevitable.
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Re: Why are you taking profit on bitcoin?
by
Figerland Shamrock
on 07/09/2025, 20:48:14 UTC
Because of several ways of investing, bitcoin can be said to be the most guaranteed thing to invest in the long term in modern times like today. I think in the future we may not be able to work anymore because of our age and our diminishing stamina. Therefore. Maybe bitcoin can guarantee my life in the future. Now we can still work with maximum energy. And the results we can invest in bitcoin. So that besides we work, income also increases. It could be said like “we work to earn money, and money also works to increase or multiply our income.”  Different things with us saving our income without being invested. Then our income will be monotonous there without increasing at all.
This way when we are old and our energy is no longer able to earn income. Then from this bitcoin investment we can get income. This way we will not be too dizzy thinking about our future.
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Re: Big fall in the Bitcoin market!
by
Figerland Shamrock
on 07/09/2025, 18:52:24 UTC
This is not going to be a permanent dip, it's obvious that the market is just going through a low and pullback phase. At such a periods it's normal for newbies to start panicking and selling their tokens because they are scared of losing. Bitcoin is a long term investment, that means that these little changes in the market shouldn't get you worried because you are focused more on that profit you are going to get in the future. People are also going to use that to start buying
I agree, this bitcoin price drop could have been impacted by the technical effect of high leverage, not negative sentiment.
So for beginners, I recommend not to be too anxious or panic too much. Because the bitcoin may not go down forever.
Remember! bitcoin is a type of long-term investment. There are still many possibilities that the price of bitcoin will continue to grow. I'm sure of that, without the slightest doubt. even though I'm a beginner.
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Re: Bitcoin will fall or not
by
Figerland Shamrock
on 07/09/2025, 17:41:38 UTC
Good question!!!
Yes maybe bitcoin could fall in price, but I personally think that the fall of bitcoin is only temporary. And it could be that bitcoin rises again through the current high price. I have previously discussed this issue in a different question but with the same purpose.
My advice, it would be nice for beginners to start investing in bitcoin from now on. While the price has not risen dramatically. Ag
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Board Speculation
Re: Feel the pressure?
by
Figerland Shamrock
on 06/09/2025, 18:59:30 UTC
Of course not, because I believe that as time goes by, life will change and become more modern. Maybe in other countries bitcoin is still not too familiar. But for the long-term size of 5-10 years in the future bitcoin will continue to grow and people will no longer be unfamiliar with the bitcoin.
Therefore, start from now so that we can feel the benefits for a few years later.
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Re: Are you tempted to sell?
by
Figerland Shamrock
on 06/09/2025, 16:45:40 UTC
For me, who is new to bitcoin, it is obviously very tempting to sell. And this is the first step that really tests patience.
In my opinion, than we sell bitcoins that are not how much. It's better to find another job to fill our spare time and get additional pay. Both for daily provisions and to increase the assets we have bought into the bitcoin.
That way our assets increase and for daily provisions there is also a handle.
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Board Gambling discussion
Re: is age a factor?
by
Figerland Shamrock
on 06/09/2025, 14:23:40 UTC
but is it possible that most gamblers who got addicted are old people past retirement and have nothing else to do anymore?
I don't think age affects gambling problems. Both young and old like to gamble.
What influences people to gamble is actually the financial factor. This is my personal opinion.
Because they think if we do gambling we can get a large amount of money without having to work hard. Especially those who have ever gotten a large amount. This is what influences their way of thinking to become addicted to gambling. And if they are addicted, it will be difficult for them to stop gambling.
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Board Gambling discussion
Re: What do gamblers have in common?
by
Figerland Shamrock
on 05/09/2025, 22:31:22 UTC
An absolutely healthy bettor or gambler will never think about these hobbies in their free time, because they have a lot of things to do and other thoughts that, in their opinion, can build a path to happiness.
An absolutely healthy gambler will simply work at his job or invest, and he will mentally understand that he will receive a raise or additional income due to this, buy something, and will not think about how to quickly take this money to the casino and supplement his bankroll.
In my opinion, this is just called a healthy way of thinking, there are still many other activities that we can do either for profit or just to spare time.
Because gambling is not something that can be profitable. Instead, it is detrimental to both our mental and material well-being.
Maybe gambling can be done just for fun, not to depend on ourselves for income.
There are too many victims of gambling that I can make examples of both those closest to us and those we just know. No one ever really earns income but instead all of them become completely bankrupt. Maybe there is also someone who gets a bigger jackpot but we don't know how much money he spent in a long time. It can't return the money they have spent on gambling itself.
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Board Bitcoin Discussion
Re: Is Bitcoin just for the rich?
by
Figerland Shamrock
on 05/09/2025, 20:34:56 UTC

Lol BTC is not only for the rich, but for now it has gotten to a level whereby common people may not be able to afford it, so it is better to look for other things to invest in.
That's right, maybe for those some people who are just jumping in and just know what bitcoin is. Assuming that bitcoin is reserved for rich people. Because they are too unfamiliar in knowing it, and they think that bitcoin must be bought at once for a fantastic total price.
Whereas actually bitcoin can be bought in installments at any price we can afford.
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Board Nigeria (Naija)
Re: Procrastination of your Bitcoin investment
by
Figerland Shamrock
on 08/07/2025, 21:31:29 UTC
People keep delaying their investment because they want to get a low price, after reaching a low price due to the decline they start to think again maybe waiting for a deeper Dip but in reality it is the wrong action, like he is greedy wanting to buy at a low price but he does not realize that the coin can go up at any time.

No need to delay for now but I myself only focus on bitcoin.

Even though the price is high like now, still buy using the DCA method even though it is small, only $ 10, at least that's what has been done to try to accumulate.

Because I still don't have big responsibilities, and I still don't have a wife, I myself can still freely buy bitcoin with a fairly large percentage after receiving a salary, at least that's what I do rather than nothing at all.
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Re: Buy every dip!
by
Figerland Shamrock
on 01/05/2025, 21:20:06 UTC
...
Indeed, the investment process is not easy, it takes practice from small things with the amount bought into Bitcoin, the rest in the process can be increased, this is what I do slowly because if at once it will burden where it is still improving cash flow management and the like to support this.
But I'm sure in the process of small things it will definitely be even bigger in the future, starting from small for a long time will become a mountain, that's probably the saying we often hear.
What is certain is to consistently invest even though it is $10 but when I continue to do it then I will learn from everything that has passed.
You have tried to go in a better direction in terms of investment which is specifically with Bitcoin and I dare say that it is the best option that you need to maintain in the long term so you only need to stay focused on doing it continuously without getting bored. Because the investors in Bitcoin that we have seen in the past have also reaped more satisfying results at this time so that it has certainly become a fairly accurate example for everyone who wants to take that path. I am also trying to do something like that at the moment even though on the other hand I am also struggling to increase my own income to become bigger.
For now I am not looking at the profit results because it is still too far away that I hope it can go according to the plan for the next 10 years, but it all needs to go through our own way how to continue to accumulate endlessly every week or month.

Now thinking about how to stay consistent in the long run and not be tempted by short-term gains, currently it is more about honing management arrangements to be more efficient in investing in bitcoin for a long time.

One thing is for sure now, bitcoin will continue to buy even if it goes to $100K - $150K.
Still want to increase the budget for bitcoin, in any way then here needs to train skills in order to get from other sources.
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Re: Buy every dip!
by
Figerland Shamrock
on 29/04/2025, 20:54:15 UTC
For sure, I have never said that any of the investment process is easy, yet surely many of us realize that it becomes easier with practice and we improve one system at a time, and surely some folks might have some really messed up finances, yet they can still start to invest in bitcoin and little by little improve their various cashflow management systems while they are building their bitcoin investment size, and yeah, maybe many folks have to start out with just investing $10 per week and work theirselves up to higher levels after also fixing aspects of their cashflow management systems and/or practices.
Indeed, the investment process is not easy, it takes practice from small things with the amount bought into Bitcoin, the rest in the process can be increased, this is what I do slowly because if at once it will burden where it is still improving cash flow management and the like to support this.
But I'm sure in the process of small things it will definitely be even bigger in the future, starting from small for a long time will become a mountain, that's probably the saying we often hear.
What is certain is to consistently invest even though it is $10 but when I continue to do it then I will learn from everything that has passed.
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Re: Buy Buy Buy or Sell Sell Sell?
by
Figerland Shamrock
on 24/04/2025, 22:18:00 UTC

A good investment strategy starts with how you manage your capital for investment and other things beyond investment including emergency fund. Then in investment management, you don't need to purchase bitcoin aggressively, it has nothing to do with your success. A good strategy is invest what you afford to lose, with capital you feel most comfortable for your investment. If aggressively purchases mean something like loans, leverage, it's not good strategy.

Investment success has nothing related to your investment capital like whether it is big or small. If you invest in a right asset with good strategy, you get great investment ROI, and that means your investment success and profit.
As long as we are able and can balance it with the income we have, why not? There is nothing that prohibits us from aggressively buying bitcoin, in fact it can be a pretty good thing, it just needs to be underlined that in this case we have to see whether we can minimize the risk or not because this is clearly closely related to our financial condition.

If we really can't balance it, it might be better not to do it, but when we can balance the income we get, the expenses we make and of course the investment, then I think there is no problem, in fact it will be a pretty good thing because we have the potential to get more bitcoins.

I personally want to do that but I realize that my financial condition is not good enough to handle aggressive purchases because I also have many needs so I don't do it, but that doesn't mean we shouldn't make aggressive purchases because as long as we can, do it.
Therefore we must be able to balance our income, at least there is a fixed monthly salary so we can still invest normally or aggressively depending on how our own expenses are managed.

Because I myself cannot force it when it cannot balance with monthly income, investing as usual does not need to be aggressive, it's just that we usually always have a monthly incentive, so that is what is used to buy bitcoin, so it can be said to be a little more aggressive in purchasing bitcoin.

Sometimes I am the same, sometimes monthly expenses are not decisive, therefore every time I get an incentive from the office, it is specifically for buying bitcoin, while monthly expenses can still be covered by salary.
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Re: Buy Buy Buy or Sell Sell Sell?
by
Figerland Shamrock
on 18/04/2025, 17:37:30 UTC
Investing in Bitcoin with an emergency fund can cause more losses for the investor. Because if an investor invests in Bitcoin with an emergency fund, and after some time if he needs the money, what will he do? Then he will have to sell his Bitcoin holdings compulsorily, and if the price is low due to the volatility of Bitcoin at that time, he may also suffer losses. So these should never doing any time, danger can come at any time, when you need money. So the emergency fund should be used only for emergency situations. Using it for other purposes means destroying your protection charm.
This means that the person does not manage well if investing using emergency funds, because it is clear that there must be a risk if using emergency funds as you say the risk of loss and will sell bitcoin in an urgent situation due to emergency needs.

Investing should be enough with calm and calm mind.
1. Emergency funds are ready.
2. 1 month's needs have been met.
3. Leave a few percent to invest in bitcoin.

So that will not make a mistake in investing and we are calm even though only 20%, for example, for bitcoin but this is for the long term, meaning that the money that has been bought in bitcoin will not be disturbed again.
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Re: Buy Buy Buy or Sell Sell Sell?
by
Figerland Shamrock
on 12/04/2025, 16:44:23 UTC
It is better for a trader to just quit trading and fully focus on Bitcoin investment if he or she really interested in bitcoin investment. That is the only way to be successful in Bitcoin investment. Trying to trade while also investing in Bitcoin will be very hard because trading has a short-term aim of making profits, whereas Bitcoin investment is a long-term journey some attention will be diverted and one side may jet more focus than one which i believe most people will focus more on trading as it short term result and that will seriously affect someon bitcoin investment.

Trading has no guarantee, and it is a very hard way of making profits. It is very possible for someone who loses all their funds in trading to tamper with their Bitcoin investment, thinking they can recover their losses through trading. From there, it is probable that the person will lose all the Bitcoin they have been accumulating.In fact, doing both trading and investing will not allow someone to focus on buying Bitcoin consistently over time.
Trading must be prepared for any risk at any time, especially using high leverage will deplete your assets.
Yes I prefer to invest in bitcoin even though it has no short-term profit, but we see the future to save and install as much bitcoin as possible then this will be more successful without any risk and pressure.

When the trader has lost funds in his account then he will be attacked by the mind and mental psyche because his assets have been lost due to trading and taking too much risk. How many people have experienced this and they are depressed? There are many cases.

It is true that if both are practiced, one of them is not focused. Maybe he can sell BTC back to add liquidity to his account.
So keep investing rather than trading.
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Re: Buy every dip!
by
Figerland Shamrock
on 07/04/2025, 01:02:38 UTC
Many normal people are not used to investing at all, so many normal people struggle to even invest 10% of their income into bitcoin or into anything else.  Many times beginners need to start with amounts that are more practical, such as 10%, yet still if you are able to invest higher amounts and still cover all your expenses, then surely you are likely to build up your bitcoin investment much faster, including that a person investing 30% of his income into bitcoin will be able to reach the investment of 1 years of his salary into bitcoin within about 3 years and 4 months.... which surely can be a good thing if people are able to accomplish that and without putting themselves into financial stress including maintaining various back up funds including emergency funds and reserve funds...and otherwise strong cashflow management practices.
At first it was quite difficult to invest because I was not used to investing like this, but over time, I myself have become accustomed to allocating higher than 30% of course this has covered monthly expenses, so that when there is still left over it is better to go to bitcoin than to buy consumptive goods.

Generally, it is good to have at least 3 months of emergency funds that are in the currency that your expenses are denominated, which you never touch absent an actual emergency in which you might lose income and/or your expenses might go up (such as an accident that involves costs). .. so then extra back up funds that you keep in excess of your emergency funds would be more flexible in regards to what those could be used for, such as buying bitcoin on the dip, or some other kinds of savings that you might have for example to buy yourself a computer or a phone or a car or a motorcycle or take your wife/girlfriend out for dinner or a special trip, buy a bike for your daughter or some other kind of thing that might not be in your regular budget but you want to save up for.
After seeing the balance in the bank, it is enough for the next 5 months as a reserve fund and this has indeed been untouched for 3 months because there has not been any urgency, so I will continue to maintain it while I can with the emergency fund.

But unfortunately the extra reserve fund does not exceed the emergency fund, this is only a little that is owned but I will not buy unnecessary items, because I already have items like what you mentioned such as computers, mobile, motorbikes.
Because I have a family, of course, I prefer to stay at home with my wife and children to save.

The rest is still trying to be allocated to something more productive.
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Re: Buy every dip!
by
Figerland Shamrock
on 03/04/2025, 23:21:57 UTC
It is o.k. to invest 20% of your income into bitcoin as long as you are investing from discretionary income.

it is a better practice to account for your expenses first, yet if you are sure that at least 20% of your income is going to be discretionary income, then there is no problem to invest 20% into bitcoin.

Also, if you have back up funds, such as an emergency funds and reserve funds, then those could save you if you make a mistake by accidentally investing too much into bitcoin in any given pay period.
I only invest 30% of my monthly income from each company salary, and this has only been implemented for the past few months even though I already know investing in bitcoin is good, but beginners may need to take courage in this attitude.

Yes, I always calculate the expenses first what is needed to be spent, after that the rest is to invest in bitcoin every month.

When it comes to reserve funds from the past, I have kept it because it is important for urgent needs, but now I am comfortable with the existence of reserve funds, which means that investment will be safe and will not be disturbed.