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Showing 20 of 524 results by majeed
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Board Economics
Re: A career - as an employee or a business owner which do you prefer and why?
by
majeed
on 29/12/2023, 14:15:16 UTC
As a small business owmer, I stand by my own choice and I think it's far more superior to being an employee
I've tried both and even though my company is just a bit over a year old it has made me far better results.

Both paths have ups and downs, for an example being an employee is much safer and comfortable to an average person. You only worry about how you perform and does the check come in on time. There is opportunity for progress and growth but it is very limited considering the possibilities when being a business owner.

If you have a solid business plan and experience in a field, you could make a far larger amount of money and have more freedom with your time and working ethics. It does come with more stress and headache and sometimes far more than 8h daily work but financial stability is a must.
Everyone would really be that choosing up on the things on which we know that it could bring out that kind of financial freedom or stability and this is why even if owning a business would be somewhat not that simple
or having that kind of stress then it would really be just that something that we do prefer in the end of the day. Yes, it is really that stressful but something that very rewarding once you do be able to succeed.
We are all hoping on living a life to have that financial freedom and even if being a business owner would be that stressful then it is really that worth it once you do be able to handle it out and this something that
everyone would really be that preferred. Its understandable and its something that normal that opportunities and conditions would really differ into each other.

There are really just those people who dont really love on getting that stress and this is why they do much prefer on being an employee rather than on a business owner but well we do have our own personal
choice considering that life situations and preference will really be that basing up into our minds on which we do see that we do prefer and like the most. It is really just that impossible
that we cant be able to distinguish about the opportunity that it gives though.
Owning a business is hard. Stressful? Absolutely. Let's discuss prizes. Success isn't simply about money; it's about building something. It's valuable. Of course, not everyone can do it. It's okay if some people like 9-to-5s. Different strokes for different people. You want financial freedom? Bitcoin is the solution. The change in money thinking goes beyond currency. It's explosive, but isn't life? Understand it, support it, and see it operate. You must play intelligently and think long-term.

Business or Bitcoin, the premise is the same. You must consider your options, take reasonable risks, and commit. Success is earned, not given. The work is worth it when you get there. It's what makes the journey worthwhile.
Post
Topic
Board Economics
Re: When the world is evolving, follow the trend.
by
majeed
on 29/12/2023, 13:51:20 UTC

Those who can take advantage of technological developments well will of course be able to develop in the face of technological developments, every change that occurs will certainly have good and bad things for human life and those who can find good things will certainly make them better in life. those fields when choosing to use them.

Technologies are getting better day by day and as the time passes new techniques comes into origination therefore all those who follow the same techniques which are followed by everyone will be successful and those who stick to older Technology will not be much successful because previous Technologies are not so beneficial as that is bitcoin. Previously people choose gold for investment but now people are in modernism so they want big amount of profit which is only possible with bitcoin and also they move towards digital world as everything become easy with the help of modern technologies.

Every technique has its own risk and benefits but the wise person will fully concentrate on how to take benefit but the foolish person will think about disadvantages and then will leave modern technology by saying that it is risky. What is here which is 100% guaranteed in this world? Nothing such field exists therefore removing of useless thoughts are necessary if a person wants profitable results.

It's safe to say that technology is a trend and people move on to the most profitable one. Gold is it a technology? gold should be placed under the category of agricultural natural resources. That seemed too promising in the early stages of human life, then its value skyrocketed when used to back up USD. Don't you think people will get tired of trading bitcoin? it's one controversial thread of mine that elaborates more on the power of humans in controlling the success of any technology. Whenever the interest of people stops heading to a particular product, there'll be a diminishing return. But in cases like bitcoin or gold, they have monetary value and can't be forgotten or stop being traded. The risk associated with bitcoin, volatility, is quite manageable. Users who choose to trade or save funds in bitcoin, only need to forget about their investment, bull or bear. As simple as it sounds, even those who give out such advice can't efficiently abide by it. Because money is always in demand, due to man's needs and wants.

Neither am I saying that bitcoin is 100% guaranteed to fetch profits or losses for any investor. The guarantee centers on the existence of bitcoin. It was birthed more than 10 years ago and doesn't get manipulated by the government or any organization. People's money is safe in bitcoin. Only people who invest in bitcoin to get profits alone can get disappointed during the bear season. The same people won't delay clearing the air that bitcoin is a Ponzi scheme. The personal views of bitcoin users aren't 100% guaranteed. What it becomes in the next decade? the profits it'll yield and the longevity of the technology is sealed and haven't been unveiled to anybody. It's all filled with speculation, but we all hope for a better future for bitcoin technology.

Compared to gold, Bitcoin is like the internet to a typewriter. Both have their uses, but one is future-oriented. Gold is valued, but 20th-century games. In the 21st century, Bitcoin leads. Transformation, not trends, is what's changing our world. Bitcoin investing isn't about short-term gains or losses. It's about seeing a world where financial freedom is the norm. Volatility? It's there. However, tremendous expansion is possible. The key is perspective. A belief in a financial-free economy is more than an investment.

People labeling Bitcoin a Ponzi scheme during bad markets should realize that every investment has ups and downs. The stock market, real estate, etc. Bitcoin differs. It's about more than surviving market cycles - it's about reinventing finance. Don't merely guess its future. Let's participate. Because Bitcoin is a movement, not just an investment. Movements alter the world, friend.
Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Finally I did it (I am happy to join).
by
majeed
on 29/12/2023, 13:28:21 UTC
⭐ Merited by JayJuanGee (1)
Nice move man Congrats for finally having bitcoin my only advise for now "jus hodl" that 0.033 btc of yours can turn into a lot of profits someday don't be affected by incoming fuds  just continue to buy whenever bitcoin dips you can wait for the top of this bullmarket to take profit and wait for another buying opportunity.  
Sure he  will keep that coin for long , because it took him some time , effort and knowledge before finally buying this means how important to Him having this amount and for sure that is just the beginning and will extend more and more before the great halving happens ,
or maybe he will continue holding for more years readying for His future and His family as well.
Congrats to OP and happy Holding , welcome to the Gang  mate.
If we have decided to hold Bitcoin for a long period of time of course we must have a good plan to be able to carry out what we have planned and it is also very important to have good knowledge to be able to hold it for a long period of time because if we don't have a good understanding about Bitcoin then we will be affected by bad news about Bitcoin, when we have a good understanding of Bitcoin of course we will be able to easily achieve the targets we have set and we also have to be patient before the big halving happens.
By "good knowledge" are you suggesting that holding require any special form of knowledge? Do you know that many Bitcoin tech experts may not even hold Bitcoin better than investors like MicroStrategy that are busy accumulating Bitcoin for years without selling. Basic knowledge of Bitcoin is all you need to be able to invest in Bitcoin and HODL.

In my local board, a lot of people started their Bitcoin journey this December as you can see in this newbies introduction thread, these are people with little to no knowledge of Bitcoin and the tech behind it, but within a month or two from now, we would have guided them on how to start accumulating and holding Bitcoin while still acquiring more knowledge of it like I'm personally doing. If they have to wait till they get detailed technical knowledge of Bitcoin, a lot of them will be frustrated and will abandon it for other easier things. I don't think we should scare people with this knowledge thing because even in conventional career, people learn on the job.
Knowing the basics? An absolute must. Truthfully, though, you don't need expert-level technical knowledge to hop on the Bitcoin train. Did every gold prospector know earth geology? But they understood gold was valued. Similar to Bitcoin, recognizing its value is more important than blockchain technology. Continuous learning is needed, especially in a dynamic area like cryptocurrencies. You don't need a PhD in computer science to invest, but remaining informed and learning? Smart move. Knowledge is power and profit in Bitcoin. You must learn to swim, even the basics, before diving into the ocean.

In your local board, you're doing a great thing guiding newbies. It's good. Remember that guiding is not overwhelming. It's not wise to scare folks with technical language. Finding that fine line between informing and intimidating. Keep curiosity, learning, and interest alive. Bitcoin is for everyone, not just techies.
Post
Topic
Board Economics
Re: Why must you used such money to purchased a car?
by
majeed
on 29/12/2023, 13:00:33 UTC
If you have such friend that doesn't have any investment and he went to invest such money on car will you continue to take such person as your friend? I have separated from him based on the money he use to buy car that will not add value to his life but people said I would have not separated from him that it have been long we became friends in the environment. What I did is it good or bad so that I will know how to apologize to him to continue the friendship with him.
That's a mistake and puts too much importance on the lives of your friends who are much more financially stable. Besides, it's strange to make friends based only on money, so here you have taken the right decision not to be friends with him because he has been distanced from people like you who only see friendship ties based on how much money they have. Remember, not everything always involves investing in Bitcoin, you can't dictate to other people, if he doesn't want to invest just let him, your job is only to give advice, not force which ultimately sacrifices friendship. He is worth $28 million and I think he is considered a rich man. Buying a car may have been his dream since childhood so it cannot be prevented in any way.
To clarify, money isn't everything, but it's not nothing either. Financial stability, not bill stacking, is the goal. Smart decisions like Bitcoin investing are key. Your friend may have $28 million, but wealth is about growth. Instead of forcing your beliefs on others, Bitcoin investing is about sharing opportunity. Don't confuse advise with coercion. Friendship and money. It's about respect and understanding, not money. If you disagree financially, that's fine. Every path is unique. However, ignoring Bitcoin is like ignoring a treasure map because you prefer the picturesque way. Bitcoin is a revolution in money and money management. Financial empowerment, not friendship, is its purpose.

Final thoughts on dreams and finances. Fulfilling a childhood desire by buying an automobile is amazing. Remember the power of savvy investing. As dreams change, so should financial strategies. Bitcoin offers a chance to rethink wealth. Not forcing options, but offering doors. In Bitcoin, your friend may be rich and a visionary.
Post
Topic
Board Bitcoin Discussion
Re: What we all learnt this 2023
by
majeed
on 29/12/2023, 12:29:01 UTC
Welcome, rookie! First, congratulations on learning the hard way. Popular opinions? Pfft. Like sandcastles, they're attractive but vulnerable. Exactly right about Bitcoin's price! Market mechanisms, not divine intervention. Whether there is a bull run or not, Bitcoin is a horse in a field of ponies. It's got stamina, legacy, and it's here to stay. Period. Moving on to those prophesiers on Reddit and Telegram. They often don't know what's going on. Your trading self-reliance call? Brilliant.

Over diversification, you say? Completely agree. A targeted portfolio is fundamental. A few well-selected cryptos will do. Bitcoin should be your crown treasure. The crypto is a movement and emblem of financial progress. Keep going and you're part of history, not just an investor. Keep going!
Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Don't Know, But Can i Invest In Bitcoin?
by
majeed
on 28/12/2023, 17:54:26 UTC
⭐ Merited by fillippone (1)
To begin, buying in Bitcoin without knowing much about it is like putting on blindfolds and walking into a lion's den. Bitcoin is a goldmine and a minefield. Learn and invest simultaneously is the motto. Learn without investing? Just a school project. Investing without knowledge? Congratulations on burning your money. Your $500? With that money, you've made your way into the future of money. Don't give it because someone says so. Do your job. Get the rudiments down pat: blockchain, market fluctuations, the works. Knowledge protects Bitcoin users from hackers, scammers, and other digital thieves.

Investing in Bitcoin can pay off. There isn't a magic money tree. The market is unstable. Prices go up and down like drugs. Get ready for that ride. When someone offers to open your wallet and buy Bitcoins for you, beware! Learn how to create a wallet. It's not hard to understand digital banking. Be careful with your money, and remember that the smartest Bitcoin player knows the rules.
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Topic
Board Bitcoin Discussion
Re: HODLers, When Will You Sell?
by
majeed
on 28/12/2023, 17:12:16 UTC
Talk facts, no nonsense. I HODL smartly and focus on the prize. Selling? Not yet. Why? Bitcoin is inherently more than a digital asset. The sign of a financial revolution. A journey, not a stop. $100,000? One million? Impressive numbers, sure, but they're just milestones, not endpoints. I only sell when there's a solid chance. I mean solid. Think Bitcoin 2.0 level innovation, or a business venture so groundbreaking it rewrites the rulebook. Until then, why quit a winner? Bitcoin is the best right now.


I'm intentionally waiting, not merely holding. Next huge thing, next financial history chapter. Who knows - maybe a business or a new asset? Eventually, I'll know. Smart investing is recognizing the correct moment, not any moment. I'll watch, wait, and win until the next big wave.
Post
Topic
Board Gambling discussion
Re: Gambling for fun, is it a lie that we tell ourselves?
by
majeed
on 27/12/2023, 16:02:09 UTC
Friends, gambling is about numbers and decisions. Indeed, the house always wins. Don't fool yourself—it's not about overcoming the odds every time. All about thrills and excitement. The thrill of gambling, not the wins or loses, is what's entertaining. Nature dictates that you lose more than you win. But is it false? Not really. The choice to spend money on entertainment is conscious. Gambling isn't the battlefield for human nature's desire to dominate. It's about letting go within bounds, not control. Gambling is about understanding when to stop, not just playing. Setting limits, playing smartly, and understanding dangers are key. The real enjoyment is there. It's about discipline and self-control, not just winning.

Fun is subjective. What's fun for one may not for another. Gambling with money you can lose is key. The game stays healthy and responsible. Yes, loss is likely, but isn't that true for most entertainment? You pay for experience, not results. Gambling is enjoyment with rules and hazards. Playing smart and safe keeps it fun.
Post
Topic
Board Gambling discussion
Re: Tips to avoid compulsive thoughts related to anxiety
by
majeed
on 27/12/2023, 15:33:19 UTC
Know your limits and take charge. You wouldn't invest blindly in a business, right? Gambling involves measured risks, not reckless bets. Recognizing anxiety is the first step to control, like identifying deal risks. Like effective business strategy, CBT is a tool. Understanding your thinking and changing unfavorable tendencies is crucial in life and gambling. Expert advice before a large business move is vital. Self-help tools? Initial research is helpful, but not as good as expert counsel.

Stress management is more than relaxation - it's about staying in control under pressure. The simple technique of controlled breathing works. Staying grounded and focused is key in gambling and life. Be careful when gambling. It's about wise, informed decisions, not just thrills. Keep track, keep in control, and play wisely.
Post
Topic
Board Bitcoin Discussion
Re: Best piece of advice to anyone going into bitcoin
by
majeed
on 27/12/2023, 15:04:40 UTC
Bitcoin is obviously an expensive investment, most especially if you are trying to accumulate the whole piece of it. But if you are trying to do dollar cost average regardless of the amount, you will not feel the expensive price anymore as you are only investing every now and then the amount that you can afford to lose.

However, the only thing that you should worry is that if you are not patient enough to hold for that long term. DCA will be useless if you suddenly resort into panic selling everytime the market is crashed due to market price correction.
In fact, the DCA model will indeed prevent you from panic selling, but additional capital is also very necessary, otherwise how can we consistently accumulate every drop of BTC if we don't have sufficient funds as you mentioned above.

Regarding profits in BTC, it will show itself because I am sure that everyone can record it, even if they only buy $20 using the DCA technique, regardless of the price increase or decrease.
Many people make too many mistakes and DCA would allow people to have a sense. The biggest issue in the bitcoin world is that when the price is going down, way too many people are selling, the whole reason why it keeps going down is people keep selling, so when you get to start doing DCA, that means you are going to buy when it goes down. It basically prevents the whole drop thing, because when price goes down, instead of selling and losing money, you are buying and making profit later on.

This is why it's such a great method and I do suggest every newbie to do it. I have been buying for years, and sometimes I sell because I need the money, but rarely have I ever made a loss, it's been like once or twice at most, rest of the time, even though I urgently needed the money, I was always in profit. That shows you that DCA is such a good method that even at times when you shouldn't sell, it may actually still be a profit for you and that's a great thing.
DCA is good. Buy low, sell high, consistency matters. Well, steady wins the race. But it's not universal. Yes, it works for many, but don't exaggerate. Markets are unpredictable animals. It stops the "whole drip thing"? No way. Risk is reduced, but it's not a cure. Easy to preach "hold, hold, hold" but real life? Messy. It's okay to require cash. Balance is vital. You did great, congratulations. Not everyone plays with the same hand. Some people don't have a safety net; they're walking on thin ice. Every choice is crucial for them.

For beginners, DCA is a good strategy, but it's not enough. More than a currency, Bitcoin is a movement. Take charge, be your own bank. But power brings accountability, right? No approach is invincible, so educate yourself, recognize the risks, and remember. Keep humble, smart, and most importantly, your goals. Bitcoin represents a decentralized future, not just an investment. Friends, that's priceless.
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Topic
Board Bitcoin Discussion
Re: Can Bitcoin create an opportunity to reduce poverty?
by
majeed
on 27/12/2023, 14:33:18 UTC
It certainly can and it certainly did. It surely does help in reducing poverty. Bitcoin itself doesn't have the power to reduce poverty but if one knew how to utilize bitcoin, then it could be used to reduce poverty. That's why bitcoin education overall crypto education is needed to be spread to everyone. From where I live there aren't many who knows of crypto or bitcoin. Only a few knows of it are using it. So first we have to change this.
It may have been possible for some people but definitely won't have the same results for everyone who will go into Bitcoin. Bitcoin can be a powerful tool for a person to have a better financial status, and it's also the same with other tools such as paper money, cc and etc. But it doesn't mean everyone can be lucky. So if one person was able to escape poverty thru Bitcoin, it doesn't mean everyone who'll get into Bitcoin will also have the same fate. So I don't think Bitcoin will have such great impact in reducing the poverty. There's such a big population of poverty all around the world, and probably only around 0.00001% of it can have the skills, knowledge, and opportunity to be successful financially with Bitcoin or crypto in general... Though I agree that having knowledge and background in Bitcoin gives you advantage to find more opportunities in becoming rich or achieving financial success.
Bitcoin isn't a cure-all for poverty, but ignoring its potential? It's short-sighted. Not everyone will succeed with Bitcoin, but that's true with every financial tool, right? Opportunity is crucial. Bitcoin opens doors but doesn't ensure entry. That's fine! Let's talk numbers. I understand poverty is serious. So only 0.00001% may succeed? Bitcoin's power is underestimated. It goes beyond 'being lucky.' It's about global financial access, especially for the excluded. Despite its smallness, it advances financial inclusion. And every step counts.

Knowledge is power. Understanding Bitcoin is about joining a financial revolution, not just getting rich. The way you use it determines its usefulness. Let's not underestimate its potential. It's not perfect, but it's a decent start.

Post
Topic
Board Bitcoin Discussion
Re: biggest misconception about Cryptocurrency?
by
majeed
on 27/12/2023, 14:11:21 UTC
Biggest misconception? People assume cryptocurrencies are a a passing trend. Wrong. They're revolutionizing finance and money thinking. Bitcoin symbolizes financial independence, not simply digital gold. No, it's not simply about profit. Independence, decentralization. However, it won't solve all financial problems. Though powerful, it's merely a tool. On the technological side, some think cryptocurrencies are insecure or fickle. Though volatile, markets are for you. Blockchain is a stronghold for Bitcoin security. Complex algorithms and a decentralized network make tampering nearly impossible. Secure, decentralized finance is already a reality, not just tech talk.
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Topic
Board Bitcoin Discussion
Re: Bitcoin investment is kind
by
majeed
on 27/12/2023, 13:47:38 UTC
Looking into Bitcoin for your auto parts store? I applaud your boldness! Don't get ahead of ourselves. Understanding the Bitcoin mempool is essential. This is where transactions are pending confirmation. Yes, crowds cause delays and higher expenses. The huge "but" is that this doesn't mean the end for your business because Bitcoin is a revolution, not simply a currency. Its worth is in long-term investment, not quick transactions. Your strategy to accept Bitcoin is sound - you're investing and earning. As governments legalize crypto, you're on the correct route. Be ready for turbulence. It's part of Bitcoin, but the upside? Huge.

Final tip: keep educated and flexible. Crypto is changing fast, so should your company plan. Watch Lightning Network and other off-chain developments. They could revolutionize transaction efficiency. Remember, Bitcoin success requires patience and agility. You have the vision; now monitor the pulse. Welcome to business's future!
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Topic
Board Gambling discussion
Re: La Liga (Spanish League) Prediction Thread 2023/24
by
majeed
on 26/12/2023, 18:42:57 UTC
Madrid has several player problems. Many of the main players were injured. In fact, his injury is serious and he may miss the season. Courtois, Alaba and Militao, whose ACL injuries don't have long to rest. In fact, I think these 3 players injured their ACLs within 4 months. I just heard about this problem in one team.
So seeing this, Anceloti should have options for defender, center and striker. But Kepa will also end this season. Kepa hopes to get a permanent contract. but unfortunately he injured his thigh and Lunin performed quite well.

It is just from one nightmare to another for Ancelotti after losing many of his first eleven players to injuries. Real Madrid is the type of team that everyone believes they can still farewell despite all this disappointment surrounding them. They have lost some players and they won’t get to play till next season and since when the season started, from time to time some players go on injury but they’re mostly still able to play well and win matches. They are still in a very good position in the league and all this injury stuffs won’t affect them so much not to achieve what they want for the season.
What makes Real Madrid worse is Vinicius Jr, who has suffered an injury and will be out for quite a long time, namely in the next few months. The problem of player injuries in a club can potentially destroy the performance of the club itself. But Ancelotti will definitely not let his last season at Real Madrid end badly. So he will definitely be serious and maximal in solving every problem the Real Madrid squad has. Because Ancellotti definitely wants to leave a good impression before he leaves the club. And in fact, in the next few weeks, Real Madrid won't even have an opponent tough enough to stop them. After Maddison arrives I hope Real Madrid returns to their peak performance.
Regarding how player injuries affect a team's success, you are completely correct. Real Madrid's present situation shows that to be true. It's a tough time for the team with Vinicius Jr. out and a few other important players suffering injuries. Although Ancelotti is a tactical genius, even the best coaches need a good team to put their plans into action.

Sincerely, I'm a little worried about their defence line-up. Their recent string of injuries is limiting Ancelotti's choices. Barcelona is eagerly awaiting the January trade window. To keep their control, they need to make their team stronger, especially the defence. Making plans for future problems is just as important as getting through the current season. Starting a strong defence is important for Ancelotti to leave a good memory for the team as he gets ready to leave. Huh Huh
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Topic
Board Gambling discussion
Re: UEFA Champions League 2023/24 Season
by
majeed
on 26/12/2023, 18:20:12 UTC
Im scared about Barcelona's season. Last year, their emphasis on La Liga paid off, but this year, their Champions League goals seem to be stretching them. Due to this, their La Liga performance has suffered. The team's fluctuating outcomes reflect its divided energy and resources. Do they sacrifice domestic performance for European glory?

They should balance, in my opinion. Barcelona must meet high standards due to its La Liga and Champions League heritage. Managing these competitions is difficult, but a top club can do it. Strategy and prioritisation are needed, but they have the skill.
I don't think so, but indeed their performance is not so good this season with all the problems they have and that does not happen in the La Liga match alone, if we pay close attention to the actual performance of Barcelona in the UCL match is also not so good it's just that they are a little lucky Join the team that is not so strong in the group phase.

The balance will definitely be carried out by a team if they have good strength and performance in the team but with Barcelona's condition like now, they are almost impossible to be able to do that, this is purely a decline in performance from them not because of priority.
I understand your criticism of Barcelona's performance. It has been kind of a rollercoaster, to be honest. Although they may not be as strong as they formerly were, I wouldn't write them off just yet. They haven't had a great UCL run, but luck isn't everything. Do you recall a few years ago when Chelsea won the Champions League? Nor were they the favourites. It all comes down to grasping oportunities. When Barcelona plays Napoli in the knockout stage, well, that's a break. It's an even playing field because neither team is precisely playing at their best. Barcelona has a good chance if they strenthen their defence. But let's face it, this will be a difficult game if their defence plays poorly. It all depends on how they perform that day.
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Topic
Board Bitcoin Discussion
Re: When (if Tenable) is The Right Time to Share Your Bitcoin Private Keys?
by
majeed
on 26/12/2023, 17:56:55 UTC
Your digital wealth, especially your bitcoins, is more than just money. It's a legacy that shows you believe in a future without centralised power. Thus, you need to make a plan soon. Sharing your private keys? Yes, it's risky, but there are safe ways. Think of multi-signature wallets. To authorise a transaction, more than one key is needed, which adds an extra layer of protection.

It's still not clear how to plan for the death of digital assets, but things are changing. New services are popping up that combine the technicalities of blockchain with the rules of the law. They can make sure that your bitcoins get to the people you care about without putting your security at risk. You need to be strategic instead of reactive. Even if something goes wrong, your bitcoins shouldn't disappear.

Last, those without family can donate. You might want to set up a trust that gives your bitcoins to a good cause. In this way, your purchase will still have an effect after you're gone. The future of your bitcoins is your responsibility, so plan ahead. It's about leaving a digital trace that says, "I was here, and I made a difference."
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Topic
Board Bitcoin Discussion
Re: Solution to high rates? Maybe not, but it's an idea...
by
majeed
on 26/12/2023, 17:21:11 UTC
First off, it's a brilliant idea to reserve block space for older transactions, no question about it. A "transaction democracy" of sorts - fair, but practical? Allow me to explain: Bitcoin benefits greatly from reasonable fees. It's a free market at its core. If you implement a flat-rate zone, there's a chance it will annoy people.

Prioritizing by age over fee? Sounds good on paper, but remember, Bitcoin is not just a technology; it's an economy. Higher fees are paid by users for urgency. It's just supply and demand, nothing more. Although expensive fees are disliked by many, they are an indication of a successful network. Not to mention that hefty fees encourage miners, protecting the network.

Theoretically, your model could function. However, balance is required. Perhaps a hybrid strategy? Maintain the fee market while adding a tiny area for previous transactions. It's about evolution, not revolution. We help Bitcoin by making it better, not by creating something entirely new.
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Topic
Board Bitcoin Discussion
Re: Bitcoin in your country.
by
majeed
on 26/12/2023, 16:52:16 UTC
The government of our country is not in favor of this currency. Bitcoin has been declared illegal by the government and through legal notices warning the people of our country not to use Bitcoin and not to cooperate with Bitcoin in any way. But an ICT state minister of our country has made some reviews about the benefits of using Bitcoin to attract the attention of the government. And suggested research on Bitcoin so that our country does not fall behind in this digital era. So that the government can get a proper understanding of Bitcoin and reconsider the Bitcoin legality issue.

As far as I know this currency has been legalized by the government of many countries. Again, the government of many countries has declared it illegal. I think those who declared it illegal, without understanding about Bitcoin, are adamant in such a decision. However, even though Bitcoin has been declared illegal in our country, people are not lagging behind in using Bitcoin. Many people are secretly using Bitcoin even though it is not being used publicly in our country. With the way people are currently getting interested in using Bitcoin, I am optimistic that Bitcoin will become legal in all countries in the future.
One interesting thing was that people in Nigeria have a lot of interest in Bitcoin, and even though it is illegal, people continue to invest and other Bitcoin-related activities, even though the government has blocked accounts related to Bitcoin, people did not stop, and that is when people turned to using p2p, but eventually the government just made it legal some days ago, happy but not happy because we love it the way we have been operating it.

They know the benefits of fighting the system and looking for any way to centralize it, and the warning of not using Bitcoin must be serious, unlike my country, it was illegal but we were still free kind of, and your minister of information might even have some bitcoin share who knows since is busy telling people about its benefits. Governments do not need to research because they know the truth and know what is right. El Salvador took a good step, and countries that made it illegal will later have no choice because people will still use Bitcoin with or without it, so it is even better to make it legal because I don't see any difference.

Nigeria's Bitcoin adoption shows people's strength, right? Innovation, like water, flows despite government restrictions. Thanks for the creative workaround, P2P! The problem is, the game isn't going to change just because Bitcoin is legal. Simply accepting the inevitable. Bitcoin, like gravity, is changing our economy.

Don't get ahead of ourselves. Goverments aren't stupid. They see it coming. El Salvador's move? It's bold and savvy economics. Bitcoin investing is about seeing the future, not just defying the system. Friends, the future is digital, decentralised, and a bit defiant. Bitcoin is an expression that we're ready for a new economy, not just an investment.

The Nigerian government reversing Bitcoin? It's more than money legalisation. Recognising a worldwide economic paradigm shift. Bitcoin changes how we think about money, not simply currency. With or without government support, the people are leading this movement. Bitcon will stay. Accept it, comprehend it, and most importantly, participate. The future is coming, and Bitcoin is important.
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Topic
Board Bitcoin Discussion
Re: "Bitcoin investment is the key to success"
by
majeed
on 26/12/2023, 16:23:30 UTC
 I don't see anything wrong with what you did. If you are really interested in Bitcoin or cryptocurrency, buying a laptop is part of the investment too. Now,  if you used bitcoin to buy a laptop, I don't see anything wrong with it either.

  Because you have knowledge of Bitcoin or crypto, it can also give you profit in the future, so just continue the research or study you have started here in the business field of the crypto industry.

Exactly, I don't understand what is wrong with selling your bitcoin to buy a laptop because people invest in bitcoin to make money to solve their problems and needs, and you sold bitcoin to buy a laptop because he will help you and do many things on the internet and do more research about investment, so just find another fund to replace the money you touched from bitcoin to buy laptops and invest on it again, because I am confident you will continue to make money so never regret on bitcoin, Because investing in bitcoin at any time is the best option because the price can rise at any time, so invest in it now and leave it for the long term, because it is the finest investment for now that you will not have any problems with.
I believe the odd feeling of always keeping your Bitcoin and not selling it forever is for those who are ardent about it, they are becoming an extremist to the level of depriving themselves and getting to hold and own it forever. But it should not be like that. It's already a privilege that you know Bitcoin as a means to invest, and just like any other asset, it's for investments so as to make more money, not something you should worship or keep forever. What if something else which is negative happens later in the future? You would have deprived yourself of the money you invested, the gains and what you should have done with some of the gains. This is why no one should always believe in any asset 100% and if the asset had already given you a tangible amount which you could use some of it for other personal needs, why not use it?

The reason for investment is for a better life and financial freedom, so why still deprive yourself if you have the money through the Bitcoin investment? And if the guy removed some of the profits, this still doesn't mean that he will not continue to invest more money in his Bitcoin as he later has. However, at that time, the pressing needs have to be tackled especially if the need is what is worth it, like buying a laptop and others as you mentioned. For me, buying a laptop is even better and worth it more because I use it for my work which earns me money, so why deprive myself and believe I can only earn money through Bitcoin? That's the way I see it.

Bitcoin is an investment, we should always treat it as such and not more, and we should keep on pumping it if there are excesses.
Investing in Bitcoin is like planting a tree. You don't simply plant it and turn around. You nurture it, but you also know when it's time to enjoy its fruits. Holding Bitcon forever? It would be like watching a tree grow without ever taking a seat in its shade. Indeed, Bitcoin is a revolutionary asset, but let's face it: it's only a tool, not the goal in and of itself. The situation is as follows: The key to investing is balance. It's about development and realism. When necessary, make use of your Bitcoin earnings, but keep the big picture in mind. Bitcoim is a statement as much as an investment. Although you seem forward-thinking, keep in mind that you also have needs in the here and now. A work laptop funded by Bitcoin gains? That's not only wise, but also useful.

Furthermore, we must not overlook the future. Bitcoim is a window into a new financial age rather than just an asset. Keep it close at hand, but exercise caution. The secret, my buddy, is balance. Bitcoin isn't a golden calf; it's a financial tool. Continue investing, but never forget that the ultimate objective is to improve life now and in the future. Remember to enjoy the journey while maintaining your focus on the goal.
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Board Bitcoin Discussion
Re: What happens if all Bitcoin is lost?
by
majeed
on 24/12/2023, 17:31:02 UTC
Imagine all Bitcoin disappearing, like "What if all the gold in the world suddenly vanished?" The hypothetical is nearly impossible. Let's play this game. If all Bitcoin were lost, a tremendous digital asset would be destroyed.

Losing all Bitcoins would make the entire currency inaccessible. It's no longer about mining since mining creates new Bitcoins, not recovers lost ones. We're talking long-term - the last Bitcoin will be minted in 2140. But we only concentrate the now. The cryptocurrency economy would change drastically if Bitcoin disappeared. Alternative cryptocurrencies may rise as investors search for the next digital gold.

But now it gets fascinating. Scarcity creates economic value. Even though lost Bitcoin is useless if it can't be recovered, its perceived value may rise. It's an interesting theory to consider, but let's be honest: it's quite improbable. It's best to expect the unexpected in bitcoin but also understand its risks and rewards.