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Showing 20 of 3,681 results by pinggoki
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Board Trading Discussion
Re: A foolish traders
by
pinggoki
on 21/03/2025, 07:49:25 UTC
From what I can understand, it's probably has something to do with not trusting your instincts because your instincts have failed you before, I'd say that this kind of situation that you are talking about OP has probably have something to do less with hindsight and I don't think it helps that you think what you do is foolish, instead learn from that mistake, you know, find what you did wrong and try a different approach than last time, trading is a continuous trial and error until you get the right blend. Another thing that you can do is stop getting scared, your money will come back in some way in the future, with carefulness and courage to do trades with risky outcomes, I'm sure that your chances for profits are going to get much better than last time. @Text is right, it's all about your mindset, keeping your head in the game and not doing half-hearted decisions is probably the way to go.
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Board Bitcoin Discussion
Re: Is Trump dictating the market?
by
pinggoki
on 21/03/2025, 06:42:46 UTC
You can sort of say that but I think that it's Trump alone that's dictating the market, in my opinion, it's the news outlet, the people themselves that are dictating the market, they speculate that the market is going to drop and so they all individually think that they're smarter than the rest of the investors and they anticipate that most people will do a sell anyway so what they do? They sell as early as they can because they don't to miss out, it's the people that are reacting to whatever Trump's doing is what's making the market move, it's just a matter of perspective I guess, imagine if people and traders didn't care whatever Trump would do that they think would affect bitcoin? We'd probably a much stable growth but that's just a fantasy of mine, nothing less.

We all have our own opinion about what really makes the market move but for me, what really moves the market isn't this figureheads in economy and politics, I think that it's the people alone that moves the market, specifically what our gathered beliefs are, that I think is what moves the bitcoin market, bitcoin is decentralized and I think that the power of the people to drive the prices up and down is also a benefit of that decentralization, many just don't realize it because we're too focused on celebrities and politicians popularizing bitcoin.
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Board Bitcoin Discussion
Merits 1 from 1 user
Re: Who says it's too late to buy Bitcoin?
by
pinggoki
on 21/03/2025, 04:36:49 UTC
⭐ Merited by JayJuanGee (1)
I am not against the idea of buying when there is a dip, yet I see no reason to wait for any dip before getting started, especially since it could take 4-10 years or longer just to build a bitcoin position, unless you are able to front load your bitcoin investment - yet many folks are not able to front load their bitcoin investment, and they end up building their bitcoin position over time with ongoing, continuous, persistent, regular and perhaps even aggressive buying that is within their ongoing receipt of discretionary income.
For me, I would only consider buying when there's a dip when I already have a sufficient amount of bitcoin that's stashed for the long-term, this notion of buying at the dip is probably caused by people that are advising newbies about how to invest in bitcoin, although they're right about dips being an opportunity to buy so they can get as much profit, it's the matter of timing that is wrong. I am guilty of this advice too, I tend to forget the part that they should start investing now no matter what because it's a test too in my opinion, if they can stomach the fact that their investment goes down so bad, will they be able to hold it out or not.

It may not matter a whole hell of a lot if you buy the dip or not, especially if you might be receiving an income every week, and then there can be questions about the extent to which you hold back some of your discretionary income in order to wait for price dips that may or may not end up happening.  Waiting for price dips likely puts a bitcoin investor in a wrong mentality, even  though surely there could be some psychological pleasure that comes from holding back some value for dips... while recognizing and appreciating that the dips may or may not end up happening. 
Now that you mention it, I've come to the realization that DCA is still the best, buying at dips shouldn't be religiously done or as you've said, some dips may not end up happening and at the end of it all, you come up empty handed waiting for nothing at all which is really crazy. In all this, I think that it should go without saying that buying dips is a must recommend thing "IF" if you already have a bitcoin portfolio that you think is already a lot in terms of long-term profit and that DCA is the best approach because it's consistent.
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Board Bitcoin Discussion
Re: New Resource: Learn Bitcoin Glossary
by
pinggoki
on 21/03/2025, 02:55:53 UTC
Love the design, hope you keep adding more to it and that in the near future, your design and experience on your glossary stays the same because I think that it works fine at least for me. Maybe take @odolvlobo's insight, hopefully make it more factual by adding researchers on your team to make sure that what you're putting there is the right one, maybe even have other people contribute some phrases or terms that's not yet added in the glossary.
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Board Bitcoin Discussion
Re: Advantage of BTC Falling
by
pinggoki
on 20/03/2025, 18:17:19 UTC
I agree with you that buying now is a good thing to do and it can become profitable. But I will prefer to advice people to DCA instead of buying at once. I advice some people to DCA in a a way that if bitcoin fall to a price, that they should buy more. They have been doing it since bitcoin fall to $90000. It is something that has been set on the exchange as limit order. DCA is a good thing to do.
Best thing that I've ever done, DCA makes sure that there's no regrets whenever I buy or sell at a low price and then the prices drops again because I still have money to buy at that dip again. DCA made me thousands already because I knew when to buy and the current amount of bitcoin that I have right now is probably enough capital for a small business. Although I have to say this, don't use all of your money for DCA, save some money that is quickly available to you in case of emergency, you don't want to be in a situation where you're in need of money for emergency and the price of bitcoin is going down.
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Board Gambling discussion
Re: How can casinos for 18 year olds ensure that players truly respect the min age?
by
pinggoki
on 20/03/2025, 17:23:11 UTC
They don't respect that, they just put it there so the authorities can see that they're not breaking the law, kind of like adult content on the Internet, they don't really enforce that minimum age requirement, they just put it there so they're compliant with the standard of the government. These aren't any measure to prevent underage gambling, more like a shield so the business can go smoothly as it can be.

If I'm being honest, the only effective way to make sure that underage gambling doesn't happen is that the parents of those children do an intervention, making sure that they're in a loving home and their needs are met and the proper values are being instilled in the child, I believe that's how you prevent underage gambling. Telling them what they can't do and the consequences of doing those don'ts are a good thing too but most children doesn't understand consequences until it's too late so this one is a second option.
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Board Gambling discussion
Re: Luck and gambling
by
pinggoki
on 20/03/2025, 07:30:16 UTC
You're already right that it's just a mental thing, luck doesn't have anything to do with someone losing or winning in gambling, it's always a matter of maths and probabilities but then again, it just so happens that luck is such a good scapegoat that it's been that way for how long we've got this concept, luck is our refuge for when things aren't explainable or the human mind can't comprehend, I guess we just have to go out of our way and say that it is what it is when it comes to luck and if it helps people get comfortable with gambling not overthink or stress out on such things, it's probably for the better that we just leave it as it is.
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Board Gambling discussion
Re: How gambling addiction develops
by
pinggoki
on 20/03/2025, 06:26:49 UTC
Actually gambling addiction do comes in gradual process, it doesn't comes at a time but how to control it in the early stage is always a problem that most gamblers normally having. Because though they would be seeing it as something that very common without realizing that as day goes by that is how they getting more addicted in gambling. So however, I think it's essential to understand when you are getting addicted to gambling and prevent yourself from it, because that is the only way a gambler can be free addiction.
If you're susceptible to addiction, no matter how much advice from other people that says that you have to control your emotions and how you gamble, you will still lose that fight and get addicted, you are right that it's a gradual process but you have to understand that one taste is all it takes, can you all not feel the excitement you've felt when you gamble? That high in dopamine is going to be a thing that your brain is going to look for once the high subsides, it will continue to chase that until it's never enough. There's also the psychological belief that many gambling addicts share which is the belief that as long as they continue gambling, they're eventually going to hit the big win that has been elusive of them since the beginning.
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Board Gambling discussion
Re: That's the price paid for one's ignorance and stubbornness.
by
pinggoki
on 20/03/2025, 05:52:19 UTC
That should be illegal in my opinion, that's akin to someone just stealing your money outright not going to lie, at least give them their money back if there's nothing violated that has something to do with the money. A lot of gaming websites have been comfortable with doing this kind of thing to their bad clients and I don't think that this punishment is just not right. The punishment should be an account ban or banishment from the establishment or website, taking away the money is tad bit too far in my book.

I saw some topics where some gamblers complaind on how they were locked out of their accounts by the casino and they lost their funds because they could not gain access to the casino again.
Terms and conditions people...
As much as that's the best thing to do, not everyone reads the terms and conditions and it's not like those people are actively trying to game the system so why punish them so harshly when there's more appropriate and just measures available?
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Board Gambling discussion
Re: Be wise with your wins
by
pinggoki
on 20/03/2025, 04:51:10 UTC
I am giving out this advice to all gamblers on this forum, that whenever they win big while gambling they must not expect another to happen easily.
Pretty much a common sense especially if you've been gambling for a really long time, not a lot of people have what it takes to be a professional gambler so it's best that if you get a win, you better quit while you're ahead, those feelings of luck is just an emotional outburst caused by the win and sometimes fall for this emotional trap and they let their wins ride another spin or game and then they end the day on a loss because they thought that that win was a signal that they're on a win streak when in reality it's just math. I love what @gunhell16 said, wins make gamblers more aggressive which is true and it happens in other kinds of games, you are winning or close to winning so you go for the aggressive approach to make sure no one can catch up to you but that's not applicable in gamble, being cool headed and knowing what to do next is the best thing you can do when gambling.
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Board Gambling
Re: ▄■▀■▄ 🌟BITVEST.io🌟 💰WIN BY 🔶PLAY 📈INVEST➡🔺🎲🎰🔲 | BET CONTEST ▄■▀■▄
by
pinggoki
on 20/03/2025, 04:13:00 UTC
This is the most rigged Crypto Casino ever exist. I am there now for some weeks and cant make and wins. Sometimes i have hundred of red bets in a row on 20 lines slots?Huh this is really impossible. Dont make any depo there!
I have second thoughts in replying to this but damn I think it needs to be said, gambling isn't on the side of the players, I'm sure that you're aware of the saying that the house always wins, it's probably just not your day at that time that you've gambled and I think that a lot of gamblers are just like you that gets more losses than wins on a daily basis. Maybe you don't want to listen but I think that it is what it is, gambling takes more than it gives.
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Board Bitcoin Discussion
Re: Then Now Tomorrow Bitcoin Era
by
pinggoki
on 20/03/2025, 03:07:31 UTC
You're not just buying blindly right. What your vision with Bitcoin after 20 year later
If bitcoin has a consistent financial growth in that span of time and I don't lose interest in investing in bitcoin, I would probably use the profit that I'm going to get in my hodling to buy myself an apartment building and if not, maybe a vacant lot where I can use to build an apartment or even lease to businesses, that's the ultimate passive income in my opinion although tenants tend to have a delay in rents, the money is still good especially if you also live in your own apartment, you pay the mortgage for the apartment building and you're making money or if that's not enough, my last resort would be using the profit as capital for business or another investment venture, anything to make more passive income is probably my goal.
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Board Bitcoin Discussion
Re: Should we go back to talking about ways to use BTC?
by
pinggoki
on 20/03/2025, 02:34:09 UTC
I think you're bored because you let yourself get bored OP, if there's no one that's talking about it, why not put in the effort to talk about it, have the initiative because I feel like people just don't know what to talk about in that topic and so they don't know where to start, people in the forum loves to talk about bitcoin and everything in between it so it's a matter of initiative that's causing you to get bored. Maybe you've got ideas that you want to share here, I'm sure that a lot of people would love to talk about it and see the viability of the idea. I wouldn't expound too much on the "over the years, bitcoin has changed" argument since that's been talked about here many times, talk about the utilities of bitcoin, it won't hurt and people will care especially if it's a novel idea.
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Board Bitcoin Discussion
Re: North Korea holds 13,562 making the government the third largest Bitcoin holders
by
pinggoki
on 19/03/2025, 15:17:34 UTC
If i understand you so well, you are literally saying the Korean government is sponsoring the Lazarus groups who keeps hacking exchanges, or you are just asking to be sure? That will be a false accusation because no government will publish any news that they are in support of cybercrime. If investigations is done and they have to trace all the money stolen from these CEX exchanges down to the Lazurus group, then the Korean government will be causing a conflict between nations.
North Korea is a rogue nation so it doesn't really take a long time to conclude that they do sponsor this group, there's already a name for the head of this group already if I recall but still on the run and the names are Korean so it's safe to assume that they're sponsored by North Korea even if it's just an allegation and just seeing how they attack in the west, it's clear that they're against capitalists. Also, remember that Sony hack because they're releasing the movie Dictator which depicts an assassination attempt on the North Korean dictator Kim Jong Un? I think that's probably enough evidence that Lazarus group is sponsored by North Korea.

It's a really concerning thing too that North Korea owns this much bitcoin because that can only mean that if bitcoin skyrockets in prices, their stash of bitcoin would actually help them get more funds for their ever growing military threat and now, they can do it more discreetly given that bitcoin is pseudonymous which also helps hide who's the one that's supplying them with weapons.
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Board Bitcoin Discussion
Re: Trust: who can be trusted to keep your seeds?
by
pinggoki
on 19/03/2025, 13:39:31 UTC
Truth be told, you can't really trust anyone at all, even if they are your family or your closest friend, you can never really know what goes inside their minds, probably that's the only time that you can trust someone, is if you can read their minds but trust is a big deal but in my opinion, if you absolutely need to give it to someone in case something happens to you and you don't really want your savings of bitcoin go to waste, always stick with family, you can't really leave behind your legacy with your friend no matter how close you are to them, probably the only time that the latter would matter is if you've got a toxic and vile family relations that has gave you nothing but trauma, that's the only time that I think closest friends would matter when leaving something valuable is being talked about.

If you are still undecided, probably for the best if you go with a lawyer and have them keep your seed phrase and write it in your will whomever will receive them, you can always rewrite it if you feel like the current heirs would be unworthy. And on that note, also worth noting that out of all the options, lawyers are probably the one person that can trust when it comes to your seed phrase as they're binded by client confidentiality and I don't think any self-respecting lawyer will jeopardize their career that they've created for themselves from scratch just to steal your seed phrase for themselves.
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Board Bitcoin Discussion
Re: We got everything we wished for in Bitcoin: Why are we still complaining?
by
pinggoki
on 19/03/2025, 09:53:25 UTC
The complaint is that bitcoin is still on the back burner, not on the forefront and it keeps getting treated like it's just one investment avenue for the government when there's the utility and potential being presented already and has been proven already. There's also the fact that there's no care for politicians with bitcoin, any kind of protective regulation to help out hodlers didn't even pass through their heads as an idea because they think nothing more of bitcoin other than an alternative investment. That's why there are still a lot of complaints, people in power still couldn't care less about bitcoin, now imagine if they do care, the price of bitcoin right now would seem too small for many of us once a global adoption of bitcoin happens.
People always complain because there is no perfect thing to satisfy human. They want something better, they will complain, it's human instinct.

In any market, there is another thing, it's a zero-sum game and there are losers and winners in a same market. So you never have all happy people as winners in a market because the fact is there are losers who are unhappy and have many things to complain. Their complains come from their losses that are not because of Bitcoin technology and design.

People can change themselves and turn from losers to winners and stop their complain. Otherwise they will complain about Bitcoin forever until they exit this market.
Yes you are correct that there are losers and winners in the market but from what I can understand from what OP meant is that the complaints from the fact that bitcoin is still not that widely recognized which I can support because I think that bitcoin needs the recognition that it deserves, the price will just follow as soon as bitcoin becomes even more popular. In regards to people complaining about the market, my guess is that some of them has their brain wired that way because it eases the loss when you can complain and blame other stuff, at least that's what I believe is the reason why they complain because I'm like that sometimes.
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Board Bitcoin Discussion
Re: We got everything we wished for in Bitcoin: Why are we still complaining?
by
pinggoki
on 19/03/2025, 08:16:49 UTC
The complaint is that bitcoin is still on the back burner, not on the forefront and it keeps getting treated like it's just one investment avenue for the government when there's the utility and potential being presented already and has been proven already. There's also the fact that there's no care for politicians with bitcoin, any kind of protective regulation to help out hodlers didn't even pass through their heads as an idea because they think nothing more of bitcoin other than an alternative investment. That's why there are still a lot of complaints, people in power still couldn't care less about bitcoin, now imagine if they do care, the price of bitcoin right now would seem too small for many of us once a global adoption of bitcoin happens.
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Board Bitcoin Discussion
Re: People I think should stay away from bitcoin investment.
by
pinggoki
on 19/03/2025, 07:44:17 UTC
Totally agree with what you're saying OP and I think that it's a common sense anyway that you only should invest what you can afford to lose and not go all in and then starve yourself of your needs and then end up losing a lot of things besides money at the end of it. There will be people that will disagree and that you can invest little by little, they are right but I'd rather get out of poverty first and as quick as possible rather than stay there just so I have some monthly savings for a future that is still uncertain given that I'm still impoverished.

I mostly agree with what @Cypherpunkz said but I'm not sold on the 4th one, you can invest in bitcoin in the short-term if your goal is also short-term, that's how some people get profits all the time, they invest and wait a little and then get it out when they're in profit, not really a big deal but I think that those people do deserve to invest especially if they're making money out of short-term investments.
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Board Speculation
Re: Come to think of it?
by
pinggoki
on 19/03/2025, 06:30:49 UTC
Problem with that is you also need fiat for when you need to deal emergencies or spontaneous expenses, you can't be putting your bitcoin in and out every time that you need to spend your money, you will end up not saving anything and you're losing money on tx fees, a healthy balance in fiat and bitcoin investment should be the way to go instead of just relying on the chance that you don't need to spend anything today. You don't want to be having an emergency and then ending up with not being able to get your money out of bitcoin or crypto because there's an ongoing price dips in those investments, that's going to suck so bad for you.

If you really want to go all in with crypto investments and you're to stubborn to listen to reason and logic, might as well put in some investments in insurances, at the least you won't have any issue with money when you need it because you at least have insurance at your back burner to help you through the rainy day.
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Board Speculation
Re: It is wiser to invest that money than to buy an iPhone.
by
pinggoki
on 19/03/2025, 05:09:43 UTC
It is wiser no matter how you put it, even if the scenario favors highly on buying a new iPhone, the wisest choice will always be to invest in it rather than buying a phone. Phone is a depreciating asset and you don't want to be caught in that part of it's life cycle, be content with the flagship but cheap phones on the market if you really need a new phone but other than that, invest money for the future, you're better off having money in the future rather than not knowing where you will get your next money. It really offends me when people ask me this kind of question and then they try and justify the wrong choice, if you justify the wrong one then you should've never asked for advice in the first place and you should've chosen to get the wrong choice in the first place.