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1  Bitcoin / Bitcoin Discussion / Re: The difference between gamblers and real Bitcoin investors? on: May 24, 2024, 11:38:02 PM
Between two gamblers or investors, they are also investing in the same way, just different in the category in which their capital will be used. The other is gambling, where the chances of losing the capital you have are high, that you don't need any research to be done just so you can play and win gambling, that you can get lucky in the jackpot, and that you can also be unlucky in gambling.

Whereas in investment, the chances are high that your ROI will be good if you invest in the right investment, and since your comparison is with bitcoin investors, there is no doubt that our ROI will be good for the future with the capital we will use today.
Right, gambling is a kind of investment as well, wherein you invest your money to make more money but the rate to grow your money is lesser than the chance to lose it all. Hence, gambling is never a reliable investment. However, if you invest in the highly potential investments like bitcoin and real estate, the chance to be in profits is definitely high, as long as you know what you are doing and you are doing calculated risks in your investment.

Being a gambler and an investor may create a similar and certain goal but are totally different when it comes to skills and strategies being applied.
2  Economy / Gambling discussion / Re: I just woke up and saw wins in my gambling app on: May 24, 2024, 11:06:05 PM

This is another reason why gambling can not be a job or anything like a source of income cause you can't know your games would play out and no predictions is ever accurate.

If you have such experience share it with us let's see the luck guys around.

Gambling can't ever be a source of income or a cash cow even if a gambler thinks that he has found a pattern that he can use to win, unfortunately, so many newbies fall into this trap and it takes them a large amount of losses before they realize that luck and not pattern are the keys to win gambling.

Doubling or multiplying your money is very attractive for gamblers but they fail to realize that the gambling platform is a profit-oriented company, for every ten bettors only 1 or two will come out a winner, and sometimes none or there are no winners.
Gamblers do not consistently win in gambling, but they often lose most of their betting capital. And even if they have found patterns to win, there is no guarantee that it will always be granted since the edge to win is always on the casino house, not on the gamblers. This is why there’s no assurance to be in consistent profits with gambling. You can be lucky and make a big win, but most of the time you end up losing all your funds and go home with empty pocket.
3  Economy / Gambling discussion / Re: Does prediction in sport work for you? on: May 24, 2024, 10:37:15 PM
I've always said that if a person were very good at predicting the outcome of games, that person wouldn't waste time creating a website, creating a Telegram group, creating YouTube channels to give tips, that person would be spending the money they would win with the right bets he would make, this person would be traveling, enjoying the good life. It doesn't make any sense that a person who is good at predicting games is poor and is charging money for the tips they give on their Telegram channels, website or YouTube. But people who are too lazy to analyze games in person don't take the time to think that it's not normal that a person who is good at predicting game results is wasting time charging for tips on Telegram channels.
If he is undeniably good, he would keep it to himself and continue winning from his bets. He wouldn’t waste his time sharing to everyone in social media or any gambling site that his prediction is like this and like that because that could only mean he’ll be held responsible if other bettors follow him and lose in the end. Instead, he’ll maximize his winning opportunities by focusing more on his skill to accurately predict more games outcome, and not wasting his time trying to influence other people to bet and follow his predictions.
4  Bitcoin / Bitcoin Discussion / Re: Do your parents invest in bitcoin ? on: May 24, 2024, 09:17:19 PM
Are your parents investing in bitcoin ? Has it impacted your journey with crypto ?
I have been educating my parents about bitcoin way back then. But I don’t have plans to encourage them to invest in a high risky investment like bitcoin. They’re both senior citizens so it’s hard for them to control their emotions when they see their investments are falling. And the fact that both of them are taking heart medication, so it’s really not advisable for them to enter into investments that would risk their own condition.

And I think not having them in crypto is quite a relief for more. At least I can focus on my own investment most particularly in times of a tough market that is quite risky to deal.
5  Economy / Gambling discussion / Re: Story of my life on: May 23, 2024, 11:58:33 PM
What positive results you are talking? Is it winning?

Well, I guess what you are doing is just trying not to be addicted with gambling, so with less gambling activities, you don't think about it much. Actually the missing factor is only discipline, because even if you are gambling on a regular basis but you have that discipline, you'll certainly get the positive things you are looking. Most of us are aiming to win, but we know for the fact that gambling does not make everyone a winner, in fact only few of us, so we have to understand that reality so we will not expect too much especially if we know in ourselves that we are not doing good in terms of profitability.
Well, it’s certain the more you deprived yourself from gambling, the less losses that you’ll incur, and the less chances to win as well. If your aim is not to lose anymore, then better to stay away from gambling for good.

However, I must agree @Natalim that even if you gamble regularly, as long as you instill discipline in your gambling habits, you will never suffer from a consistent loss. Of course, losses are inevitable in gambling, but if you gamble responsibly and you don’t see gambling as your means to earn a living, you can prevent yourself from too much losses most especially if you gamble with your hard-earned money.
6  Economy / Gambling discussion / Re: Is gambling bad to the society? on: May 23, 2024, 11:36:24 PM
...

 Secondly what are the social problem caused by gambling?
(1) Depression and suicide
(2) bankruptcy, family-break up
(3) domestic abuse
(4) assault, fraud
(5) theft, and even homeless
Addiction to gambling is link to a range of serious personal and social harm such as those things I mentioned. These effects can be devastating to the individual as well as their friends, family, workplaces and community.
...

gambling is entertainment and this is the reason why quite a lot of developed countries have legalized gambling, but the negative effect that can result when gambling too often is addiction, so for those who cannot manage their emotions, gambling is a nightmare trap, but for those who really can manage their emotions and manage their money well, gambling is the best entertainment that can really relieve fatigue, especially when you get the jackpot, so gambling is bad for only a few groups of people.
This is the reason why gambling can’t be totally banned because aside that the country is making a regular income from it, some good and responsible gamblers end up lucky and win big amount and make a good earning. But for those who gamble irresponsibly and mismanage their funds due to greed for money, they end up messing up their money and lose all of them and turn homeless. So it’s not actually gambling the cause of life’s destruction, but it’s certainly the wrong motivation and wrong thinking of individual gamblers towards gambling.
7  Bitcoin / Bitcoin Discussion / Re: Could China (or similar) take control of Bitcoin? on: May 23, 2024, 10:00:02 PM
I don’t think that it is possible but with what you have narrated, China could cause a huge impact if they wanted. And if it happened, The technical implication of it would be FUD. People will be scared of losing their funds. To the broader cryptocurrency sector, confidence will be gone, miners may want to diversify geographically to avoid such from happening again.
I have to agree with you. Bitcoin can hardly become in control with any country even if it’s China, the most influential and the most controlling country in the world. We’ve seen how many times it failed with bitcoin, and even if there are big miners and owners of bitcoin in China, that won’t create a warranty and assurance that bitcoin will be easily controlled by them. Bitcoin is way more highly decentralized, so any country or government who wish to take full control for bitcoin might only fail but may leave a huge impact on bitcoin itself.
8  Bitcoin / Bitcoin Discussion / Re: Bitcoin Will always Survive on: May 22, 2024, 11:59:57 PM
Bitcoin will remain a leader in any respect. In terms of market capacity, it may be displaced in the future. In terms of fees, there are cheaper blockchains. In terms of privacy or development, there are better projects, but in the end, Bitcoin remains Bitcoin, and with all the problems of scalability, there is still betting on it, which will gain it demand that will make it. Among them are among the best cryptocurrency options.
That's the only problem that I believe will occur in the future for bitcoin because of its high
fee when there is congestion making many of its users  changing to other altcoins for this matter
but aside from that as the security is concern? people will continue supporting bitcoin an so this
will stay many years from now specially as the last sets of bitcoin is yet be mined?
That’s not actually a problem if you don’t pressure yourself on selling your coins and just hold them for a while until the market gets back to normal. After all, we don’t often experience congestion in the market and I think the developers are doing something to avoid it as much as possible.

Bitcoin will continue to survive as long as we are here to keep the demand. Otherwise, if a lot of people will leave bitcoin and shift into another crypto, bitcoin will come to its end and there’s no way it will continue to exist in the market. Just simple as that.
9  Economy / Gambling discussion / Re: Is boxing the worst sport to bet on? on: May 22, 2024, 11:43:07 PM
You just have to pick who is the more popular boxer, and of course there are upsets, but most of the time the odd makers favored or pick the correct winner. I do agree, there are corruption here. Who wouldn't forget how the South Koreans screw up Roy Jones Jr in the Olympics?

And now we have the Sulaiman's of the WBC as corrupt as any governing body in any sports.

But still though, there are a lot of boxing fans here, with the amount of threads being open for every fight and you can see that there are a lot of knowledgeable members here as far as boxers and can predict the outcome of the fight.
Boxing may be known for how corrupt the officials are, but that won’t stop these fans not to bet in boxing. For as long as their idols are sticking to boxing, that will make them continue to bet more.

The only solution here is never expect too much in boxing because no matter how good your favorite player is, once dirty fight continues, you will never see assurance in boxing. Just bet on the amount you can afford to lose so you won’t keep regretting in the end.
10  Economy / Gambling discussion / Re: Please stop gambling but instead use UMG so you can Gamble + Trade at same time on: May 22, 2024, 10:46:24 PM
This is still gambling and there’s no gambling site that can promise you a profit.
The way you market your site is not that good and seriously, why encourage people to stop sports betting and try your site instead? What’s the guarantee that they will make more money with your site compare to other site and sports betting?
Exactly. Gambling will always be a business that will put the advantage of the gambling casino at first before the players. So losing would still be inevitable.

And to be honest, it’s not right to convince people to stop sports betting. Gambling is a choice and people will always chose to gamble on their favorite games, even if sports betting never guarantee all time profitability. Just give us proofs first that your site is legit and guaranteed safe and profitable before you come to convince us.
11  Economy / Trading Discussion / Re: How you trade in uncertain times? on: May 21, 2024, 11:58:55 PM
We all know how volatile the market is right now especially since we are still near the all-time high. With sudden price swings and unpredictable trends, traders need to be ready with some strategies.
So, what strategies can you advise especially in protecting our capital, some technical analysis strategies? OR some diversification tactics between stablecoins, bitcoin, or altcoins?

Share some of your experiences or tips on effectively trading in these uncertain times.
What I did is that I keep myself focused on small earnings rather than hunting big. I take the opportunity to sell when there is a price increase and not wait for its peak, at least if I could make 1% of every successful trade, I'm already happy and feel safe. It is really a matter of choice of coins and I use different styles of trading depending on the situation. Sometimes we also apply holding especially in times of correction. We need to listen to the market movements and not all the time is good for trading, there is time also to pause and wait for the price to recover as it is difficult to trade when the trend is declining.
I have to agree. Do not chase for big profits in trading most especially when you are trading while the market is uncertain. Instead, learn to accept small profits and be satisfied with it, as not all traders have the potentials to earn when the market is showing no positivity. Or you can always chose not to trade and just observe the market first, and come back to trade only when you see bigger chances for a successful trading. Reality is a good trader should not  be trading and hunt big profits at all times, because that will only push yourself to lose an amount you can’t afford to risk.
12  Economy / Gambling discussion / Re: How to maximize winning potential and control excessive gambling habits on: May 21, 2024, 11:39:06 PM
It's crucial to identify the methods, patterns and strategies that can help one cope with his or her gambling lifestyle without altering or destroying the relationships between them and others, apparently you have just identified 5 useful tips that can help one in managing their funds in the area of gambling but at some point while I was reading some of the points tend to collide as they mean almost the same thing.

The result of a good gambling management is always very good as it's batter of self - control, self awareness and self discipline because it takes all this to adhere to ones own rules towards gambling.
Certainly, it all boils down to how you manage your funds and building self-discipline when gambling. You cannot expect gambling to result into positive gains, that’s why you have to be cautious on where to put your funds and manage your bankroll wisely, so you can avoid too much losses and maximize your winning potentials. As much as possible, do not cross your limits in gambling, that is the best option to stay in track with your betting habits.
13  Economy / Gambling discussion / Re: Gambling and Religion. Beliefs or Choices? on: May 21, 2024, 10:58:40 PM
There are some religions that have strict views on gambling, some considering it morally wrong. However, people still gamble for various reasons.

Have you ever faced any conflicts between your religious beliefs versus gambling? How it happen and how did you handle it?



I don't have problem with my religion and my gambling habit, its putting things in the right perspective and putting more value on what should be more valueable in life, of course religion is very important its our guide to right living and how to conduct ourselves in this world.
Gambling should take a back seat when it comes to religion, I know what is my priority and gambling for me is for entertainment and I can always leave it when religion matters needs my attention.
The Cause of depression in gambling is prioritizing more than what's important in life.
As much as almost all religions are against with gambling, but that is if you try to praise more of your gambling habits rather than your own religion. Luckily, I don’t have to experience that because I will always respect my religion and its beliefs, and when it comes to gambling, I don’t gamble to maximize time earnings, but I only gamble just for fun, and so far I’ve no problems with it. There will only be problems if you forgot to value your own religion, and do things that are obviously against your religion. That is definitely a big sin.
14  Economy / Economics / Re: Disregard false religious teachings and invest for the future. on: May 20, 2024, 04:59:49 PM
investment is something that is quite important in life, of course only people who really know make investments, not everyone makes investments because to make an investment of course you need good enough knowledge so that there are no losses, investment can guarantee our future, but even then It depends on us how we invest, because if the investment is not done well and correctly then of course there will be no profit to be had, also everyone of course has different thoughts and beliefs, maybe there are rich people who don't invest because they don't invest. don't want to do it but they still save for their future.

In my country, investment is not prohibited as long as it is done with good things, as well as my religion which does not prohibit investment because this is a business or trade so it is legal, but maybe in some countries or religions there are those who prohibit investment, but I don't know. What countries and religions prohibit investing.
I have not heard countries prohibiting investments, but maybe with gambling, some countries are totally against with it. Maybe if you are doing illegal investments, of course the government will go against you, but if you are investing in legal assets or properties, the government will even benefit from it so there’s no way they’ll prohibit it from doing. However, when it comes to bitcoin, our government is not actually open about that but if we will invest privately, then they’ll have no control of that.
15  Economy / Economics / Re: Buying Vs Renting a Home- Which is the right move? on: May 20, 2024, 04:43:28 PM
Buying a house might be expensive but I think that no matter what, it will always be your best option, because with renting, you can always expect to get evicted out of nowhere especially if you've got a landlord that's stupid and a leech, you will never be able to rest easy because you're going to find that you will always need money to cover for it or you'll end up losing that house and you don't want that, renting a house is only good for the short-term so make sure that it's going to be that you're still saving your money to buy a house, pretty sure that there are housing loans in your country, that's a good way to jumpstart your home ownership.
Renting can be a good outlet to save you from huge expenses at the current, but if we are considering long term saving here, buying a home could be more advisable. You won’t imagine yourself renting a home forever, that’s even a waste of time and money, although not totally wasted since you also get to benefit the unit. But if you have the funds ready to buy, I don’t see any reason why you’ll turn it complicated. Buying a house is an asset, most especially if you plan it to be your source of sustainable income in the long run, or your retirement home.
16  Bitcoin / Bitcoin Discussion / Re: How has Satoshi's identity never been revealed ? on: May 20, 2024, 04:20:56 PM
You never know how much wealth I have accumulated as long as I never tell you, that's the logic. As long as he never tells anyone that he is Satoshi, his identity remains safe and he will remain anonymous. Satoshi had predicted that the worst would happen because he had opposed the financial system that had been set up by the state to enslave its people, he would not leave the slightest trace that could reveal his identity. Time flies so fast, Bitcoin has existed for more than a decade, so don't ever worry about Satoshi's safety because so far no one has been able to find Satoshi's real identity, including the FBI or other intelligence services.


I guess Satoshi has seen this coming already that’s why he had prepared for this prior to his decision of going out of the spotlight and stay anonymous. So even if the smartest intelligence team will search for him using the most advanced strategy, he will never be traced nor found. His masterpiece is to stay anonymous no matter what, so he will do everything not to be known and reveal his true identity. Otherwise, if he is just doing this without long term planning and preparation, he might be traced already before bitcoin reaches a decade.
17  Economy / Gambling discussion / Re: Did gambling losses are traps to new game on: May 20, 2024, 03:59:31 PM
Did you guys trust on gambling algorithms or do the random betting in the gambling site to check the current luck in the gambling sites…
Do not forget that casinos have house edge which is still the reason if they have higher customers, they will make more money because gamblers are losing while gambling than making money. This is what we all know and we do not consider it as manipulation. I only just gamble for fun because I can not trust any gambling site because everything they set is to make money for them from customers.
Gambling is a business activity so trusting those gambling sites will only make you fall on their traps. The reason why I do my own gambling predictions or analysis because I have more confidence in myself rather than relying on casinos algorithms and still end up with their highest advantage to win and own our funds.

However, trusting some gambling casinos isn’t actually bad as long as you very it first through your own analysis and weigh things properly, and that’s where you’ll decide if you want to take their side or stick to what you think is right for you.

18  Economy / Gambling discussion / Re: How has big wins and jackpot stories affected your gambling habit? on: May 20, 2024, 03:39:51 PM
I can’t actually tell that my gambling habit is certainly affected with those gambling big wins and jackpot stories simply because, I know exactly that gambling will only make you profitable if you are good and lucky enough on the games you played, otherwise you will only lose a lot while chasing big wins.

Some may lose, others may win big time, and this is the real scenario with gambling. However, I do believe that it’s mostly losses than win, no matter how you try to stake bigger, it won’t guarantee a big win but most likely a huge loss instead. And the more you bet with bigger amount, the more losses you’ll incur, that’s how unfair gambling is.
19  Economy / Trading Discussion / Re: Why trading and not something else? on: May 20, 2024, 12:33:00 PM
Why not trading? The fact that it can provide you exceptional profits in the long run, so I think it’s really a must to trade if you have the potentials as a trader. Although I don’t start trading right away even though I have the passion to trade, but you know when your main job is not providing sufficient income anymore, then you’re back to thinking to pursue trading this time and hopefully make it big in the end. But never leave your job for the sake of trading, most especially if you are still learning the process, instead develop your trading skills and strategies so that you can consistently make significant profits apart from the salary you receive from your job.
20  Economy / Speculation / Re: Bitcoin price predictions gone silence since the DIP. on: May 20, 2024, 12:10:00 PM
-snip-

Who has observed that the speculations and predictions  of Bitcoin price has gone silence since the market went DIP after the halving?
Bitcoin price speculation and predictions do not always have to be visible. On platforms like x.com, speculation and price predictions still exist if you pay attention.
After the halving, we admit that the price of Bitcoin experienced a correction from a price above $73k back to a price below $69k or even below. Even now the price is still difficult to get above $69k.
Although this is only normal and some people think that the difficulty in breaking through prices above $70k is only temporary in preparation for an increase higher.
If I observe current conditions, the market is not bad.
You are right, price predictions and speculations may not always be visible but I know they are still present in the market. It’s just that current price is now in a good position although it has not exceed above $70k but we all know it’s heading there. However, still price correction might eventually back again right after bitcoin reaches another significant price so we should still prepare for it and accumulate more bitcoin if possible.

Bitcoin price predictions and speculations will always be a part of an unpredictable market. The moment it stops, which I guess won’t be possible, then I think this volatile market will not be interesting anymore.
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