This afaik only happens if the UTXO was already spent in a previous block, i.e. the "spending transaction" was already confirmed by a miner.

The real difficulty for nodes is to know to order double spends occurring in the same block. Let's imagine we have transaction X spending the same UTXO than transaction Y, and both are created only few milliseconds one after another. Let's say the person trying to double spend wants to damage a person or service in Australia who accepts 0-confirmation transactions, so they broadcast transaction X targeting specifically several nodes in Australia, hoping that the victim sees it first. At the same time they broadcast double spend Y to nodes close to many mining pools, e.g. in the US. So the Australian potential victim node "sees" transaction X and discards transaction Y, but most US miners do the opposite and include transaction Y instead, because they didn't see in their UTXO set that transaction X happened (as it is still unconfirmed and they received it after transaction Y).

As this is something that can happen all the time due to the latency between different networks (and more so if they're far away one from another, like in the example) I believe nodes won't ban another node for trying to broadcast an unconfirmed double spend. They simply check if the transaction is consistent with their own UTXO set, and if not, they discard it.

Of course this "attack" is very unlikely to succeed, because it is unlikely that somebody really accepts a 0 confirmation transaction, and latency issues tend to improve with network speed. But it shows that the "chain state" and thus the "UTXO set" are always a local phenomenon, and all nodes manage it independently. This means in double spend cases nodes can't really see which transaction is the "valid" one, until a miner includes and thus confirms one of both transactions.

I was impressed by this user. Wtf !
The guy won basically all his bets so far, and those were most of them "up or down" price changes!

What a lucky son of bit@#!!

This is not insider info... cant be. Nobody controla btc price.

If you have sufficient funds for daily needs you certainly don't need to wait long to buy Bitcoin because market conditions won't always be up or down. This means that anyone with the funds to continue buying Bitcoin using DCA (Direct Asset Conversion).

If we wait for the price to drop we'll still be uncertain about what will happen to the market. I think it's difficult to predict the price in the next few hours. Two days ago the price was still at $90 and what happened today is that the price plummeted bringing the price to $82. What I need to say is that no one is correct in predicting the price of Bitcoin.

With the current price it's certainly a good idea for those with capital to continue buying and accumulating Bitcoin as an asset for our future especially since the price is currently low at $82. Sometimes regardless of whether we do DCA at $82 with short-term trading we might already profit next week because the price might return to $90.

Therefore it's very worthwhile to do so and accumulate Bitcoin because the price is very feasible to buy.

Many people view short-term price fluctuations as unnecessary fear. In fact, this is a healthy and normal market behavior. And you said that when the price drops, many people get scared and think that something bad may happen. Actually, this does not seem entirely true to me. Those who are really afraid are probably traders or losers trying to make a profit in the short term. For those who understand the fundamentals of Bitcoin, market fluctuations are not an issue. Because they know that this is the natural rule. History shows that after every big drop, there has been a strong recovery in the long term. So a small drop in the market does not affect them in any way. And large institutional investors usually start accumulating during times of fear, not hype. Looking at on-chain data, it is clear that many times, even when the price drops, the number of long-term holders does not decrease, but rather increases. Which seems to me a positive signal for the future.

You’re very correct, for an individual to start investing in Bitcoin I think the best possible thing to understand and know is availability of discretionary income, you don’t require to learn about financial management, because at some point in life you have been living life and you have obviously been managing yourself financially and on basic expenses, so you can only figure out what amount would be able to discretionary income then boom you can start buying and accumulating bitcoin from there, and also having that mindset of understanding how to possibly control your expenses so you don’t eventually spend beyond your expectations and so you don’t end up getting screwed with your Bitcoin investment.

I think some people struggle to maintain and protect there bitcoin probably because of lack of sufficient cashflow to protect their investments,

I must admit I would really struggle to understand some of how this things would possibly work out for them, but I think if there is enough cashflow they could actually be able to control their investments perfectly without any loopholes,

I also think so individuals can decide to manage their expenses and try reducing some unnecessary expenses to help facilitate their investments to accumulate more bitcoin and also protecting their Bitcoin investments.

I believe bitcoin investment is not all about timeline, because if we base on timeline, then we might not be able to predict correctly when bitcoin will be this or that, or following the time, when we are going to get to particular amount of Bitcoin in our portfolio. So yea, following timeline might not be the right thing to do and/or might not allow us achieve the certain amount of bitcoin we had planned as our target since the price of Bitcoin is always up or down.

For example, if one has said he would be investing for just 8-10 years, and hopefully, he must have been able to accumulate 2 BTC. And as he began his investment, due to Tye fall and rise of bitcoin, following his weekly DCAing as he has set, he might find out that at the end of the 8-10 years he planned, he might not be anywhere near 2BTC, what does he do then, quit or continue?

So I believe it shouldn't be about timeline to how long we would accumulate since the price is not static eo stable. I believe it should be a target of an amount of Bitcoin you would want to have achieved or stacked in your portfolio before saying it's alright. So by this, wether the price is going up and then later rising, you already have a target, a particular price and amount. So you keep pushing till you get there no matter how many years of circles you would spend to get there

Surely, the nature of work or job has made it possible. Every week or two weeks or month people get paid from their employer, of not personal business. Those that are paid weekly must have already figure out their leftovers/discretionary funds after every other expenses so they can buy Bitcoin weekly no matter the price. On the other hand it could also be from an already existing discretionary funds. One of the funny thing about the dips is that even if Bitcoin dips to less than 74000$ some people will still be waiting for the dip,

Don't make it sound like it is only big institution and wealthy individuals that are buying Bitcoin with that concept, both common man that has figured out their discretionary income and understand the basics factor of basic such as volatility are also buying Bitcoin at any given time with the DCA, Bitcoin is open for everyone and anyone that has a discretionary income not only big institution, wealthy individuals that are buying Bitcoin consistently and persistently others too below this standard are also buying Bitcoin with enough flexibilities.

...

This is not insider info... cant be. Nobody controla btc price.

I was impressed by this user. Wtf !
The guy won basically all his bets so far, and those were most of them "up or down" price changes!

What a lucky son of bit@#!!

This is not insider info... cant be. Nobody controla btc price.

This is not insider info... cant be. Nobody controla btc price.

Concerning these two examples you gave, I will just share how I feel both of them should approach their Bitcoin investment.
First thing first, we have to acknowledge that these two guys are not in the same financial condition, Yes, both of them can still do well in Bitcoin accumulation, but their approach would not be the same at all.

Now for the second guy , the one earning $30k per year ($2,500 monthly) with $1,500 expenses and already having traditional investments.   I believe he clearly has more advantage than the first guy. Because the way he can approach Bitcoin will be a bit more aggressive compared to the first guy..

Why? The reason is because he has already built non Bitcoin investments worth around $45k, and he has about $7,500 as backup funds (around 5 months of expenses).   That alone already reduces financial pressure on him. Because of that, he can concentrate more on Bitcoin accumulation using a bigger part of his discretionary income..

There is also the possibility for him to move maybe 5–10% of his non-Bitcoin investments into Bitcoin..  Since he has been investing for about 10 years, he likely has some experience and has seen how different assets grow over time. By comparing the growth of his previous investments with Bitcoin growth over the past 10 years, he can make a more confident decision to allocate that 5-10% (or even more) into Bitcoin, alongside his monthly DCA.. All this gives him room to be more aggressive than the first guy.

Now for the first guy, all he really has is his $1,000 monthly discretionary income.  And realistically, all of that can’t go into Bitcoin.  He still needs to build emergency funds and stronger reserves so he does not end up pulling from his investments when life happens.

Maybe making a structure like this: maybe 50-60% ($500–$600) monthly into Bitcoin, then around 15% ($150) into emergency funds, another 15% ($150) into reserve funds, then keep like 10% cash on hand for family support, small needs and necessary gifting.  That way he is still accumulating Bitcoin but also building stability, which the first guy already have.

So in a nutshell, their concentration will just be different because their foundations are different.  The second guy would have more concentration toward Bitcoin, while the first guy should will still have to balance Bitcoin with safety nets first.  Both will obviously win long term, just with different pace..

Honestly in as much as Bitcoin accumulation target is a personal decision, halving your accumulation target before investing in other assets is a nice move. The specificity of diversifying into other assets makes it a different things unlike just talking about diversifying into another thing where personal business can follow. Before diversifying along the lines of your accumulation target, question(s)like the reason for doing that will give a clear picture of what to do exactly. Some people might just want to have another asset thereby spreading their gain potential and whatever reasons.

For the 1st example guy, 1k emergency fund covers less than 1 month of basics ($1,500 expenses) and that’s bad. He’ll have strong emphasis on diversification because no room for big concentration bet since his back up funds are low and on that note, one emergency might force him into debt or even selling investments at loss.

His major aim should be him building his back up funds firstly by using most of the $1k surplus (discretionary income) for about 3 to 6 months or even more.

So he should be building stability more and not aggressive growth. Once he has secured the back up funds, he may then proceed to invest in bitcoin knowing too well that he has a safe net once emergency rises.

For the 2nd example guy, he is more in a stronger and better position. Same income ($2,500/month) and expenses ($1,500), so $1,000 discretionary, but he’s 35 with 10 years of investing under his belt and a $45k non bitcoin investment. And his emergency fund is solid at $7,500 which is a 5 months worth his expenses, this alone has given him a stronger edge against surprises. As such, I think he can afford a bit more concentration than the 1st example guy, that happens even more if he’s bullish on bitcoin. So with his back up funds set aside, I could confidently dive into bitcoin investment, probably using most of the discretionary income into investing in bitcoin, and as such gives him a larger shares than the newbie

The first guy needs to start his bitcoin investment by putting 50% into bitcoin which is $600 and $300 into his emergency funds because he already has $1k on ground as his backup funds. While he uses the leftover $100 for his discretionary expenses. He can continue like this overtime till he has built his backup funds up to three months of his expenses and divert the money into his reserve funds when that is done, he can invest aggressively for ten years and above. This guy needs to focus on building his bitcoin portfolio without distractions and shouldn't think of diversifying till he has accumulated up to 60% of his bitcoin portfolio before thinking of diversifying if necessary.

The second guy has enough flexibility because he already has a good size of  backup funds on ground and a large discretionary income with an ongoing traditional business. He will easily invest aggressively and if possible front load his bitcoin investment because he has other funds/business that can stand for his emergency funds he can diversify from his traditional business into bitcoin investment if he likes without any problem. This guy will reach his bitcoin target faster than guy A.

As for concentration both of them needs to concentrate in order to achieve success.

From my little understanding on this topic, you don't need to wait till you build up your backup funds for at least three months of your expenses because time and bitcoin price waits for no one. He is even lucky to have $1k backup funds already.

He should start his bitcoin investment first with 80% of his discretionary for the first two months and on the third month he can put 90% of his discretionary income into his bitcoin investment and emergency funds using DCA and invest for 4-10 years and above. You need to give your bitcoin investment more priority because emergency may or not come.

The second example guy can mix all three methods of accumulation and invest aggressively without being bothered of his emergency funds because they are already on ground in cash and in his traditional business. He will achieve success faster and a larger size of bitcoin portfolio overtime.

why would you do that? you are just missing out on possibly winning some money for free. and the wager isn't that hard if you get lucky with a big multi at the start.

link=topic=5088875.msg66344408#msg66344408 date=1769607723]
Also how much bonus reward you can get? I’m curious to know since I rarely saw someone complete it and manage to withdraw.

I was talking about bonuses from bitcointalk giveaways.

I didnt receive bonus from emails with wagering requirements..

Nem a china esta vendendo em grande volume a divida dos eua, pois esta com o mesmo problema.

If a node tries to include a transaction with an UTXO which is already spent, marking it as a valid transaction,  this node will get banned by other other nodes , as it is not following consensus rules.

Nice. Looks like Blackjack cooking for the next update.
Are we going to see a dice game coming back soon too?

Cant wait for the update!

- To qualify for a prize, you must have made a minimum real money deposit of 0.0005 BTC within the last 60 days.
- The Campaign Manager reserves the right to disqualify (before or after) any participant, any slot for any reason.
- Free Bet expire at 14 days / This has always been the terms of a "free" bet: only winnings are returned to player: (coinroyale/tos).

Eles querem fazer as stablecoins investirem na dívida pública dos EUA. Muitos países (como China e alguns da Europa) estão vendendo as treasuries dos EUA, pois eles basicamente deram um calote na Russia.

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There are already a few months I don`t win any giveaway from BC.Game.

But I have won several in the past, and I was always able to withdrawal my winning from giveaways without any problems.

Happy to see this is still the situation here, after all these months.

Quem não tem grana pro ouro vai na prata, será que não?

Pix sempre foi monitorado. E sempre será

Quem faz as transações do pix é o banco central, nao uma entidade privada.

Sim fez quase 4x em 12 meses.

I disagree with you on this; how can you say that if someone have accumulated 1/2 of their bitcoin target that they can diversify into other investment. I am not arguing that investors should not diversify to other assets, but it should be at a time when they have already met their accumulation target because if they have not reached their target and decide to diversify into other assets, it can cause them to abandon their accumulation on bitcoin and begin to focus on the asset they diversified into especially if it's yielding good profits so it's a kind of distracting oneself from the primary aim which is to meet your target. Bitcoin is risky due to volatility but that doesn't mean that it is a high-risk investment to consider diversification when your target is yet to be met.

Nao sei se faria  diferença.. acho que nao mudaria nada.
Nas últimas 24h foram negociados 36B usd de bitcoins, ou seja,, 400mil bitcoins por dia. Pra todo bitcoin vendido tem outro comprado.

70mil em 3 meses nao é nada..

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A tesla por exemplo, nao acredito que siga isso. Seria surpreendente.

Acho que essas empresas nao se preocupam com esse mNav. Podem ter alguns casos, mas no geral acho que nao é regra.

Se querem compram. Fazem uma votação com o conselho, se aprovarem compram. Se nao, nao compram.

A meliuz e a oranje nao acredito que se preocupem com isso, por exemplo

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Nao acho que seja boa ideia.

Seres humanos nao sao bons em gerar senhas, nem em guardar.

...

O certo é a pessoa ter um gerenciador de senhas. É um simples aplicativo de celular, que gera a senhas pra ela e esta sincronizad na nuvem. Tem varios bons por ai. Eu uso do Firefox e o do Proton

Tenho meus parentes mais velhos que eu sempre estou ajudando a configurar alguma conta, um telefone, um site que exige cadastro e cada vez vai ficando difícil para eles guardarem as senhas

Nao acho que seja boa ideia.

Seres humanos nao sao bons em gerar senhas, nem em guardar.

Em geral, a pessoa vai ser usar uma senha mestra (tipo aniversário) + alguma variação com o nome do servico.

I dont think that creating a channel is the problem with Electrum implementation of lightning network.

I am sure the owner or the marketing team do not agree with you.

Traffic is never enough.

There are many reasons to create an ANN in altcoinstalks.com as well, and also on other social media. One of the reasons is SEO.
Also, the more community support and engagement,  the better. More customers, and more money in

That’s not really a big issue then since it can be easily fixed on our side. Casinos usually keep sending emails about their promos, which is why I personally don’t want to mess up the main email I use for business and daily life outside gambling. I just create a separate email for gambling only. That way it doesn’t get mixed in, and all we receive there are gambling promos from different casinos we sign up with.

I am sure the owner or the marketing team do not agree with you.

Traffic is never enough.

There are many reasons to create an ANN in altcoinstalks.com as well, and also on other social media. One of the reasons is SEO.
Also, the more community support and engagement,  the better. More customers, and more money in

That aside, If you check one reason people don't use lightning network is because they see it too complex even if it's not that complicated. Eventually when these people get hold of a PC they still end up using centralized exchanges or custodial wallets.

There are so many social media nowadays, basically impossible to track them all.
X, bitcointalk,  altcoinstalks,  discord,  telegram...

Hey, is there a Bitz.io ANN in altcoinstalks.com? I think it is worth creating one there as well.

Well it's good they finally remembered android after all these while lol... Anyways I hate to say this as an ELECTRUM fan but I'm not too impressed with the updates. I like the fee part but for the biometrics it's a big NO. I don't fancy biometrics that much on most wallets because I find PIN  more effective.

My main point is you can unconsciously hit your fingerprint or worse face ID on iOS and boom transaction has been broadcast but typing your PIN in manually requires some level of mental focus that you may even realise a couple mistakes in the process.

It is just a bad implementation .

Any software can have a good UX (user experience). A software with bad UX is jsut bad software.

It might be perfect in the technical side. But UX is also important.

JayJuan sir, your words touches .........all being summed up is like talking about a reset button in life and also a kind of fence that the act of properly reserving funds provides.
.........
THE RESET BUTTON:.........

THE UNSEEN FENCE:.........

DCA and smart DCA are both ways of investing money but they are not the same, DCA is very simple, in this method a person invests the same amount of money every month or at a fixed time,it does not matter if the market price goes up or down, people who are new and want a stress free way prefer DCA, fear and greed work less here so the chance of making mistakes is also lower...
 
smart DCA is a little different,here money is invested regularly but decisions are also made by looking at the price, when the price is low more is bought,when the price is high less is bought or the person waits,this can help buy at a better price but it is not always easy to make the right decision,if the decision is wrong there can be loss instead of profit,
 
simply put people who want less thinking and like to follow rules should choose DCA, people who understand the market and can give time and think before investing may find smart DCA better...

You seem to be specifically talking about different ideas as compared with the ones that I was making - laspol65 mentioned that a regular small amount can be invested and to aspire to reaching a whole bitcoin as long at the person is consistently buying bitcoin.

I said that is bullshit, since even $300 per week is not likely to add up to a whole bitcoin, even if a person invests $300 per week for 10 years, unless you think that in the next 10 years bitcoin is going to have an average price of less than $156k. Anything is possible, but I doubt it.

I was largely trying to be more realistic in examples that are given and do the math in regards to how much you likely would need to invest on a regular basis to reach a whole BTC - to the extent that a whole BTC is either realistic or even a meaningful target for a lot of normies who are just starting to invest in bitcoin.  Sure it is possible to reach 1 whole BTC for a newbie who is starting now, yet it seems to me that newbies who are able to reach 1 BTC now are not regular people.. and 1 BTC is coming out of reach for an overwhelming majority of the population.. so it seems a bit fantastical to be talking about the accumulation of 1 BTC for a normie as if it were a reasonably easy goal do reach.. even if a person might be expecting to be able to invest $156k into bitcoin over the next 10-ish years.


Guys should be able to regularly monitor their progress and their building of their bitcoin holdings and various other aspects of their financial management without necessarily getting tempted into tapping into their coins at a time that is not of their own choosing.

Likely if they realize that they might be investing in bitcoin for 10 years and beyond and maybe they realize that it might be 15 years or beyond before they start to sell any of their bitcoin, then they merely need to set up systems that they are ongoingly buying bitcoin and even maintaining enough of a dollar cushion so that they have enough money that they can spend from and not be tempted to tap into their bitcoin. ..

So let's say that they earn $30k per year ($2,500 per month) and their basic expenses are right around $1,500 per month.  So that leaves them with $1k per month of discretionary income.. not bad.. they tend to invest $100 per week ($433 per month) into bitcoin, so that leaves them with $567 per month for their savings and their discretionary consumption.  If they already got their basic back up funds up to $4,500 - which is 3 months of their expenses).. maybe they figure that they have to keep an additional $1k or $2k on hand and in their reserve fund so that they can be able to buy things... .. so their bitcoin investment and their back up funds might grow at the same time, or perhaps their back up funds just stays at a certain level but it has some money that can be tapped into so that they are less tempted to tap into their bitcoin - even though the amount that the bitcoin appreciates and/or depreciates each year can vary between being in profits and/or being in the negative, yet they know that the amount that theyput into their bitcoin is reight around $5,200 each year.

If they have discipline, they can watch it. If they put extra systems and back up funds (reserve funds) in place then they have money that they can spend if they want - since they have already told themselves that they are not tapping into their bitcoin - even though they want to monitor it monthly, quarterly and annually (different levels of analsys during each period.. but desires to grow and to tweak their bitcoin accumulation and/or their cashflow management systems from time to time if they see data that justifies making such tweaks.  They are not going to see areas for improvement if they are not paying attention and they are affraid of their bitcoin holdings...

if a guy had not been paying attention to his BTC holdings in 2020, and maybe he had accumulated 5 BTC that were worth  less than $35k at various points in mid-to-late 2020, yet all of a sudden in 2021, those coins went from being worth $35k to being worth more than $300k - so the guy has to have systems in place for dealing with it, and he is more likely to engage in rash behaviors if he is not paying attention and performing regular analysis on his bitcoin holdings as compared with other wealth he has and his cashflow situation.


Once you reach overaccumulation stage you can engage in price-based and/or time based sustainable withdrawal and buying back is optional, especially since a presumption of sustainable withdrawal is that it is sustainable and withdrawing is not knocking you out of overaccumulation status.


Surely stack size and various aspect of personal circumstances will affect how anyone might manage their bitcoin holdings and if they either perceive themselves to still be in accumulation stage and/or if they feel that they have enough bitcoin, even if they might not quite be to the level of being able to start to withdraw from their BTC holdings..

If a person is not quite at overaccumulation stage then they have to be careful in regards to either stopping their accumulation or starting to withdraw from their holdings... especially if they want to be able to reach overaccumulation status that would then allow them to enter into some kind of a sustainable withdrawal level that they perceive to be within acceptability to their finances/psychology whether they would be choosing to completely live off of their bitcoin and/or to supplement other income sources (whether those other income sources require work or they are passive).  Bitcoin would mostly be a passive source of income, except whatever work might need to be done in order to manage and/or account for it.


Back up funds are surely helpful to the extent that income might not cover all expenses, and surely we have situations in which our income and/or our expenses might become erratic - yet the longer that we are building our bitcoin holdings, we might also be able to have flexibility in regards to which we are continuing to buy bitcoin every month or not and if we are avoiding selling any bitcoin.. .and those seem to be two sides of the same coin.  It would seem that the longer that we are building up our bitcoin stash then our back up funds might also have its core components in cash, but we also might have other kinds of funds that might not be in cash, so we have various options when we have ups and downs in our discretionary income... to the extent that we are still buying bitcoin or not once our bitcoin stash is starting to get to a decently large level, even if we calculate that we had not reached overaccumulation status, yet.


You might be correct, Princess Leah that we are talking about a certain level of patience, yet we also might be referring to a certain level of readiness, willingness and/or ability to learn as we go.

It is quite possible that some folks might come into bitcoin and they won't even have a 4-year investment timeline, and many of us would argue that they have a trader mindset rather than an investor mindset, yet surely guys can invest in bitcoin and learn at the same time, and it seems to me that there should be a certain level of priority to want to learn about the thing that is being invested into, which would seem that the longer the learning, then the more likely that there would be plans that would involve considering bitcoin as an investment rather than as a trade... but yeah, not everyone is going to come around to that kind of thinking, and it seems a bit wasteful for someone to invest $100 per week into bitcoin for 9 years or longer, and then perhaps use that money to make a downpayment on a house and/or to become a no coiner (or an extreme low coiner).

In the last 9 years, if a guy had invested $100 per week into bitcoin, he would have had invested right around $47k, and then he would have right around 5 BTC.. so yeah, he could be tempted to use some or all of that money to buy something like a house which would surely be an inferior place to put the money even though I don't blame folks for wanting to save up bitcoin for certain specific targets that they might have.

The guy might have options besides selling most if not all of his bitcoin, yet he might not be able to help himself in regards to certain things that he wants (and perceives that he needs) and he might think that he has the right idea in regards to the role that bitcoin plays in terms of his being able to reach his goal... but then he ends up as a no coiner or an extreme low coiner.

By the way, even plugging 5 bitcoin right now into a time-based sustainable withdrawal system, there would be an ability to withdraw nearly $29k per year forever and ever and ever, and even give a 7% per year increase in the dollar value of the withdrawal, so it seems really retarded to use such bitcoin and/or to drain the bitcoin stash down to very low amounts based on a lack of appreciation of the value of bitcoin as compared with other places that the bitcoin could be placed.

So, yeah, people can have way shorter timelines and they can end up being dumb because they failed/refused to spend a sufficient amount of time understanding the asset (namely bitcoin) that they had been investing into and how such asset could be used in a sustainable kind of a way once it reaches a certain meaningful size

 
It seems that even guys who might end up making mistakes of cashing out too much bitcoin too soon, the more that they learn about bitcoin, they may well come to realize that if they are going to make a mistake in terms of their selling too much bitcoin too soon, then they might at least choose to reduce the amount that they choose to sell so that they mitigate some of the future damage to themselves in regards to how much bitcoin they end up selling and at what points of time they end up selling some of their bitcoin stash.


I am coming around to the idea that monitoring of bitcoin holdings is good for everyone who is seriously trying to invest in bitcoin rather than trade in order to reinforce his conviction and to allow him to make sure that he understands where his bitcoin investment is and to make sure if their are weaknesses in his cashflow and his back ups, he is going to need to fix them as he goes, and one of the better (if not the best) way of making tweaks to their system and to improve both their finances and their psychology is by paying attention...

And, surely some folks are weak willed, which likely means that they have to have financial systems in place that allow them to build ways of building up their conviction in bitcoin so that they are not tempted to sell too much too soon (and likely if they are in their first cycle - or even two) they have to be careful in regards to any sales that they might make since they should be ongoingly buying and reinforcing buying practices no matter the price..

so if they end up tempted to sell when they should be ongoingly buying, then they probably don't even understand what they are doing.. so it is hard to know how to get them to understand what they are doing when they don't understand it... Perhaps if they cannot handle their bitcoin investment and detaching themselves emotionally from the size of it, they might have to reduce their weekly contribution amount to a point that it is not bothering them anymore.... so maybe they had been investing $100 per week, and maybe they have to reduce themselves to $30 per week until they get themselves comfortable with that level and then they are later able to increase their weekly investment amount.

I am not really sure how to deal with these matters, even though I presume that 97.5% of the world's population has common sense and/or they are able to develop skills around their common sense - which includes that they would like to make money rather than lose money with their bitcoin investment, so sometimes they are going to have needs to learn around their common sense and not rush their bitcoin investment, even though everyone who has common sense and discretionary funds needs to get started investing into bitcoin and continuing to invest into bitcoin on something like a weekly basis or whatever regular time interval makes sense to the person.. yet at the same time, if they are missing certain skills and they are lacking confidence and/or comfort in what they are doing, then they likely have to reduce the size of their weekly investing amounts until they are able to build up their comfort and/or confidence to a level that they are able to increase their weekly (or whatever interval) investment amounts.


In the beginning, there is likely ongoing assessments, weekly, monthly, quarterly and yearly, and then as they get more used to the various systems that they are practicing, then they may not need to assess and/or reassess as frequently.


Exactly!!!  Someone who is not monitoring and investing time, energy and/or value into bitcoin is likely ending up behaving in ways that are overly whimpy in regards to their bitcoin investment and they may well end up having regrets later because they did not spend enough time, energy and/or value in regards to one of the best (if not the best?) of assets that is available to everyone and anyone with discretionary funds.

Sure, if they study bitcoin and they ongoingly choose to invest whimpily into bitcoin then that is their choice, and surely some people might have had heard of bitcoin, yet they don't want to figure out ways to dedicate some time to look into it further, and it is likely that somewhere around 99% of the world's population fits into a category in which they are failing/refusing to look into bitcoin further, even though they heard about bitcoin - bitcoin adoption rates seem to reflect such ongoing  and persistent lack of looking into bitcoin from the various normies of the world, which yeah, is too bad for them.


It is true that guys who start investing into bitcoin may well learn along the way, and change some of their tactics based on the learnings that they had been making along the way, and surely for beginners, there can seem like so much and/or even too much to learn, even though getting started investing, even small amounts should be helpful in terms of getting normies to look further into bitcoin based on their taking a stake in it.. .. and yeah, surely there are different kinds of people in regards to how curious they might be and how much they might choose to look into variou0s matters in their lives, whether bitcoin or any other thing that's in their life, including sometimes time management and changes in priorities when their might be some justification in making some adjustments - even though normies might get tied up in their own ways of how they spend their time with work, family, recreation, hobbies and even other investments that they might have. I am not even suggesting that it is easy for some people to purposefully block out 2-6 hours per week to spend on "looking further" into bitcoin.. and if they at least spend some time getting started and starting to buy every week, they also might figure out that it is good for them to figure out ways that they are able to block out some time for bitcoin each week, whether that is 2-6 hoours or some other amount of time that they might be able to block out..


Surely it could be that if a person cannot control his own emotions, he might need to learn how to do that, and perhaps one of the first things to do is to reduce their position size until they become more comfortable with their likely need to make sure that they are engaging themselves with bitcoin rather than engaging in tactics (of staying away from bitcoin) which might not work to their benefit. 

They can limit themselves in terms of time, energy and/or value that the invest into bitcoin, yet it seems that bitcoin is a thing that should be monitored and learned about in order that the aggressiveness can be increased to as high of a level that is reasonable without overdoing it, and the level to invest into bitcoin that is reasonable is likely going to differ for each person, and it is likely that each person has to figure out his own limitations and also to strive towards improving upon them - especially if he might be wanting to advantage himself with regards to his involvement in bitcoin, which is likely a commitment that is 4-10 years or longer, and surely many of us consider bitcoin to be a longer than 10 commitment which justifies that folks figure out comfortable boundaries and likely being careful not to approach bitcoin in ways that are overly whimpy and/or overly detached.

Sure each of us has to figure out his limits including the extent to which we might have regrets if we either over-invest or underinvest into bitcoin based on our own lack of finding balances that are reasonable for ourselves.

You know this about other wallet right? The desktop version

É uma ideia para mostrar ate onde poderia ir o bitcoin,  num cenário super otimista.

Sinceramente,  nao acho que vale considerar esse valor como algo realista.

Antigamente cada ATH multiplicava o valor por 10x, 5x, 3x etc. No último ATH nao chegamos nem a dobrar o valor do último (foi 69k e agora chegamos a 120k)

Entao, dificilmente chegaremos a dobrar no próximo ciclo. Sinceramente,  acho que 200k nos próximos 4 anos ja é bastante otimista.

Gambling has energy that will continue to attract us to gamble more, this has affected me several times before I noticed that something might be wrong with me. A player can gamble and lose $100 then get annoyed, deceide to leave gambling for a while but the next day could attract him to try and get his lost money back with additional profit. This is how we become comfortable with gambling even when losing is inevitable.

It depends on the amount of money lost

If you lose $20 , you may become upset for a few moments  , but it will pass and you will forget about it later on.

This is why it is impossible to only gamble your "fun money"

Just like spending $60 in a new game for your ps5, you can spend $60 gambling and that is it .

You don't need to spend your savings in gambling  ..

I dont like the LN implementation in electrum,  too complex for me and most users

Well it's good they finally remembered android after all these while lol... Anyways I hate to say this as an ELECTRUM fan but I'm not too impressed with the updates. I like the fee part but for the biometrics it's a big NO. I don't fancy biometrics that much on most wallets because I find PIN  more effective.