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101  Other / Off-topic / Re: Why the rich win gambling more than the poor. on: May 27, 2024, 05:23:33 AM
No doubt for that because every people, rich or poor gamblers can lose all of their money if they risks much money to playing gambling. But if they can realizes that playing gambling is just for fun, they will not risks much money and always use limitation to playing gambling. They know that risking too much money can makes them lose all of their money and that's why they must use self control. Maybe rich people can wins much money than the poor but they can't always wins or too often wins in gambling games. That's why we don't use too much money to playing gambling because that can attracts us to use more and more money without knowing when to stops gambling.

No argument that they can not lose their money but the chances of losing money are the poor are more of the victims than the rich the rich don't gamble every day they are always busy attending other business meetings and more compared to a poor person looking for ways to make more money. and we are getting on the same page that gambling is played by the rich for fun i can accept. and we know how wealthy people are with money management and if you look at it if they eventually gamble they have a reason it might be that they have a meeting with a friend who loves gambling so that can make they gamble just to make more deeps and that is why you see a lot of them in tennis clubs and casinos.
The poor gamble more than the rich they spend more time in gambling because they want to get rich quick which is not the case among the rich. The rich try to spend some time in gambling for entertainment. A rich man is busy for various reasons but a poor man has less work due to which he spends more time in gambling. The poor are also more likely to become addicted to gambling due to excessive use. And if you are an addicted gambler, there is no chance of getting anything good from gambling. But it cannot be said that the rich are not addicted. Because there are many wealthy gamblers who have lost their fortunes through addiction. Comparing the poor and the rich shows these things which are realistic. Actually in gambling there are no rich and poor who are lucky enough to win from the gamble but a poor gambler cannot keep the winnings from his gambling because they have to bear various expenses so they can not manage their proper bankroll in gambling and lost.
102  Economy / Speculation / Re: Is It Time to Buy More BTC? on: May 27, 2024, 05:11:48 AM
I've been watching with interest as Bitcoin has pulled back over the past week after hitting new highs. Part of me wants to accumulate more while the price is down, but I also wonder if we may see it drop further in the short term.
Bitcoin goes through extreme volatility as its price can reach high or low at any time. But one can never predict when it will turn bullish or bearish. A few days ago Bitcoin touched the new ATH which is not to say that another ATH will not touch it. During this period, if a Bitcoin holder does DCA, he will get two benefits, one is to buy at a lower price when the market goes down or bearish, and the other is to benefit from his accumulated wealth when the market is likely to turn bullish. Since the probability of Bitcoin being 100K is very high. So this is still a good time for long-term holders or those looking to buy Bitcoin. If the market dips a bit from here, there will be a chance to recover quickly. Although some speculate that the Bitcoin price will dip further before it gets the new all time high but it won't stable at that price.
103  Economy / Speculation / Re: Buy the DIP, and HODL! on: May 27, 2024, 04:53:09 AM
Whatever funds you have can be immediately invested in Bitcoin because it can be purchased in the smallest denominations (mBTC). The DCA strategy will really help investors who have small amounts of funds to invest regularly in the long term, this strategy will also keep investors from missing the moment when Bitcoin prices are falling. Long-term planning will work perfectly when using money that is not used for other needs, investors must be ready to go through all the momentum that occurs in the Bitcoin market and most importantly not be easily tempted by the small rewards generated. The price of Bitcoin will continue to increase and its adoption will also become more widespread in the future, investing in the long term is not a bad idea to build the economy in the future because Bitcoin is one of the best ways to save money so that it is not affected by inflation and gets multiple profits.

There are a lot of good benefits that come with DCA strategy, With DCA you can own up to 1 Bitcoin without feeling you actually have bought 1 BTC, and more importantly, it doesn't stop you from meeting other needs , in fact this is an investment relief strategy that everyone don't need to neglect, this is indeed a general investment strategy 😉 for everyone, both the ones that has small amount of money and for those that has big funds but don't know where to enter the market.
That's why DCA is the best strategy for Bitcoin holders. An investor does not have to take much pressure. By keeping a small portion of his income in Bitcoin on a monthly or weekly basis, an investor has the opportunity to turn his smallest investment into a large asset over a long period of time. Here investors can save bitcoins according to their financial status. Moreover, no one can tell exactly when Bitcoin will be bullish or bearish. A DCA holder can purchase bitcoin any movement that means high or dip. By applying this strategy, the investor also gets the opportunity to accumulate bitcoins with relatively risk free. This strategy is only for those who intend to hold Bitcoin for the long term.
104  Economy / Speculation / Re: Will BTC go back to $40K - $30K range before a bigger rally? on: May 26, 2024, 04:20:12 PM
So can we expect a major correction or it's going to go up again and reach $80K before halving?
After a bullish trend the Bitcoin price may turn slightly downwards which we call a price correction. But that correction must be within a range. If it goes down further from the current bitcoin price I would expect it to go down to 50K but if someone expects more than that I would disagree. Because the market is not yet completely bullish. As we expect to be bullish at this point there is no chance of going that dip at that point. If one waits to buy then one must buy bitcoins between 60k and 70k. This is definitely not the time for those envisioning a major dip. When it comes to Bitcoin price speculation, there is no point in speculating what you want but we should not do any speculation that is not realistic.
105  Economy / Economics / Re: Is renting an inevitable waste of money? on: May 26, 2024, 03:25:20 PM
People rent only when they have no option. And in the case of house rent, if a tenant does not pay the house rent properly, then if he is evicted from the house with a notice, there is nothing a tenant can do. Thinking long term I can call renting a waste of money. Let's say you are on a tenancy for 15 years, so if you could have paid off the bank loan with the money you have to pay the landlord every month, you could have owned the house at some point. Your family could enjoy it. But when you retire after renting a house for a long time you can imagine how stressful it is for a man to have little living space.

But if I think about that in the long run, I would find it more profitable to take a loan than to rent a house there. And if it happens that I have to stay in a place for a short time and have to change places then that is a different matter. The main thing is that when to rent and in which situations renting is justified will depend on the person's overall situation.

106  Economy / Speculation / Re: How short-term market speculations can help small bitcoin holders on: May 25, 2024, 07:32:44 PM
If we can understand the logic behind starting small and growing big, then we may know the reason why many of the bitcoin traders uses such approach as means to stay safe on their trades especially when they were just starting, they uses such means as to reduce the rate on loss and uses the same approach on building on their capital to use for trading and they will wait till they find the appropriate time for them to enter the market before buying and then hold to sell at the right and perfect time as well.
If a person wants to buy and hold bitcoins I will never stop him because I can't find anyone investing in bitcoins and holding them for a long time but still facing losses. Those who prefer Bitcoin as an investment and try to hold it must make a decision after knowing Bitcoin well. But those who want to invest Bitcoin and dream of profit in short term from investing will never get the expected result from Bitcoin. The person who is profiting through you must be congratulated but since he is novice he must also get a good idea of what are the pitfalls of investing here. Otherwise, if the market goes negatively, they will be disappointed quickly.
107  Economy / Speculation / Re: Can Bitcoin reach another new ATH before the bull run begins? on: May 25, 2024, 07:20:32 PM
Every investors has a plan to sell their assets at a certain price range. So he has to monitor the price at which he is trying to sell. Every ATH brings profit and great prospects for investors. When the market is bullish, there is great potential for profit in all types of investments, and when it starts to decline, investors become restless. While Bitcoin holders or those investing with long-term investment prospects are not likely to be too volatile, it is natural that short-term investors will always be nervous. Market conditions are currently at a point where we could see another ATH before the bull run. Since 73K was the highest price there is a high probability of 75K before the bull run.
108  Economy / Gambling discussion / Re: After losing the money in gambling,what is your strategy on: May 24, 2024, 05:41:33 PM
If luck doesn't favor gambling then no theory works. No strategy will be effective. I have seen many gamblers who lost the money in gambling even they loss the borrowed money. Gamblers who will be more aggressive in recovering such losses will certainly not be profitable from gambling. It is not a disadvantage that a gambler can lose at gambling. However, many people continue to gamble until their losses recover, with gambling having a major negative impact on their lives. If I lose a streak or two in gambling then I try to keep a good watch on the gambling and place more bets. But when I lose again and again I realize that I need to take a break. If he can take a temporary break from consecutive win or loss in gambling then he will surely find good strategy which can play a good role in his win.
109  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: May 24, 2024, 05:24:52 PM
SRH vs RR is quite entertaining at the moment since it seems like it's 50:50 at the moment. RR is taking wickets regularly while SRH is banging the ball nicely. Funny thing is all batsmen who got out so far were caught behind.

RR are definitely the favourites at the moment, but I still think SRH shouldn't be underestimated here. Let's see how this plays out.
The current match condition can be said to be slightly in favor of Sunrisers Hyderabad. Lost 6 wickets before Rajasthan Royals scored 100. I think the current partnership especially with the wicket of Rovman Powell can easily predict the outcome of the match. The match condition is bad for Rajasthan Royals but still if they can keep the wickets and play then it is not impossible to win this match. Scoring 83 runs from 36 balls is not a very difficult task. Required run rate cannot be said to be too high. Just over 13 runs per over. The result of the match can change at any time if two overs are play and scored better. As long as Rovman Powell is on the pitch, there is hope for the team.
110  Economy / Gambling discussion / Re: Do you prefer betting your own predictions or from prediction site on: May 23, 2024, 08:50:49 AM
There are gamblers who have great instincts and can forecast games that may end up winning the bet. But they are scared that they may lose. They dont trust their own betting predictions so they would rather go to a gambling prediction site to some daily betting tips.

So i want to know as a gambler that you are, do you feel following those betting predictions from those sites would favour us in gambling more than our own predictions? For me i trust my predictions and i have won more when i predict for myself than letting someone predict for me.
It is not bad for a newbie to follow a prediction site before betting. Because if a site gives predictions then what analysis they do or why they can win that bet gives an idea about the things. But the word prediction can never give assurance. So only relying on their suggestions or analysis should have no hope of winning bets. If you have preconceived notions about a bet, you should pay attention to your own analysis. If a gambler loses based on his own analysis, it is comforting because there are wins and losses in gambling, but it is sad if after betting with his own money he loses by following someone else's suggestion. It is better to consider your own betting winning statistics and observe the predictions of others to make decisions.
111  Economy / Gambling discussion / Re: Never borrow money to be able to gamble on: May 23, 2024, 08:34:38 AM
Yes gambling is not bad to play. The issue starts from the addiction. Most players are addicted and don’t stop till they’ve lost a lot. While taking risk it’s usual and it’s just one of them, there’s a thing as calculated risk. No one should gamble too large than what they can or an amount that will make them go bankrupt or maybe their life savings. It doesn’t matter how sure you are that you will win because those who have lost to gambling expected to win too.
Gambling is not bad if they can do it with good self-control, but many people who gamble cannot control themselves well, which makes them addicted to gambling which leads them to gamble without looking at their financial side. Those who are addicted can of course do things that have big risks that can harm themselves and even other people, remembering that people who are addicted to gambling will usually have a more stubborn nature so they will only focus on the things they want, and by becoming addicted to it they just want to keep betting until they get to the desired point.
It's not natural and they shouldn't bet too big or beyond their financial means, because that will only make things more difficult for them, but the addiction that has stuck is difficult to get rid of so they won't be able to stop easily even though they have experienced many losses in gambling. with the belief that they can win or are more confident that they can win, which can encourage them to continue gambling and can even borrow money to gamble when their finances run out or go bankrupt.
If one can't control himself in gambling, he will lose. Because in gambling no one cannot survive without self-control. When a gambler loses, it is a natural desire to recover his lost money. But when that recovery effort goes beyond limitation, it is no longer normal. Then the negative effects of gambling began to appear quickly. The addicted gambler never holds back to manage his gambling. If necessary, he borrows money and continues his gambling until the money is gone. Later, when he loses the money he borrowed, he gets a glimpse of his addiction. But those who cannot calm down then do not dare to lose their last wealth. If you are addicted to gambling, you have to lose from it, but the life of those who gamble by loan money their life becomes miserable very quickly.
112  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: May 23, 2024, 04:22:12 AM
George Munsey's 72 helped Scotland make a good total of 158. Not a huge target but Netherlands suffered each bowl from Scotland bowlers. They lost 1 wickets in each of first three overs and there were not many batsmen that scored even a double digit. Scottish bowler had a good line and length, getting 7 of the 10 wickets as either bold or lbw. Netherlands already were on a losing condition and Mark Watt eased the ending taking 3 wickets out of his last 4 deliveries. Scotland this win by 71 runs is a perfect revenge to lose against the same team in first game of the tri-series by 41 runs.
I will give the credit of the match to two persons first we all know the player of the match George Munsey. He was great batting and hi made almost half runs from the total. He made 72 runs which really helped the Scotland to win.
And the second is Mark Watt. He was good in bowling and hw collected 4 wickets. But he collected last wickets. Basically when Netherlands lost 2 wickets at 7 runs. So this made a pressure on them and after that there players did not play well. I really appreciate the performance of Scotland. Congratulations to Scotland.

Yes, only George Munsey was a player who played well against the Netherlands Squad. There no one wasn't fit against Netherlands. Also, I was very impressed to see the batting style of Munsey. His sr score was 163.63 which wasn't a bad rating. Continuously Netherlands performs poorly in this tournament. The Netherlands should improve their batting line with bowling. The excellent bowling of Mark Watt. Mark Watt was another hero of won this match. 4 wickets from 3.5 overs giving only 12 runs. His Econ rate was 3.13. It's the best rating for this match. Especially the thanks to both of the players Mark Watt and George Munsey. Keep it up both of you.
Scotland lost the first match of the tri-series to Netherlands by 41 runs but the team avenged the loss in the 4th match with them. The team scored 157 to win by 71 runs. Scotland's only Munsey helped the team to a good score. The rest of the teammates could not make any impact through their performance. It was the same for Ireland with none of the top row scoring but Bas de Leede and Scott Edwards gave Ireland a bit of a lead which would have been a more difficult side to beat. However, if the third match had not been canceled due to rain, it would have been decided between these two teams who is the best between Ireland and Scotland. But in today's 5th match I will favor Ireland as they managed to give a good competitive match against Pakistan this season.
113  Economy / Gambling discussion / Re: Why do some people hide to gamble on: May 23, 2024, 03:52:49 AM
Most people don't like to be seen outside gambling, maybe because they prefer to gamble indoors or they just don't prefer to be seen as gamblers publicly. You know at times some people are quick to judge and can easily tag anyone as notorious if they are seen gambling often or irresponsible, to avoid this most people prefer to stay indoors.
Gambling is not socially accepted. People who gamble are usually addicted and at that time they lose their normal balance. Family as well as socially they can be criticized as an addicted. Because of these allegations, most gamblers try to hide their gambling. If the family of a gambler knows that he is addicted to gambling or gambling then his family will start behaving differently towards him. Gamblers do such things to avoid such situations. Generally people sees someone gambling, regardless of what he has done, people will have a bad impression of him and because of this fear, people prefer gambling indoors or in various secluded places. Many prefer gambling away from the crowd or alone to be more focused on gambling.
114  Economy / Gambling discussion / Re: Have you achieved anything from gambling on: May 23, 2024, 02:47:33 AM
Lastly , i Dont know If you have achieved anything from gambling or you have same perception like my colleaques But for me i have achieved something reasonable and tangible from gambling , So please friends let me see your opinions on this .
A general thing you need to remember is that not everyone is lucky in gambling. Maybe your other colleagues were not lucky in gambling so it is not the case that everyone will be in the same situation in gambling. There are many who lose at gambling and many who win there. I myself cannot always win at gambling. Sometimes I can win big. If one can gamble without getting too greedy from gambling then he may increase his winnings. Addicted gamblers may blame after gambling losses. Are any of your colleagues addicted? If addicted, they do not take gambling for entertainment but consider it as a source of income. Besides, not everyone will win in gambling, there is also a word called luck. I think they just expect to win which is not acceptable.
115  Economy / Gambling discussion / Re: Indian Premier League #IPL Cricket on: May 23, 2024, 02:30:33 AM
Rajasthan Royals team performed very well in today's match, as they were ready to perform for a long time by protecting the wicket. Jaiswal and Kohler Chadmore especially as the opening batsmen have done well and the later batsmen have also done well. For example, Royal Challengers Bangalore's team opening batsmen will perform well due to which wickets fall very quickly. So there is a stark contrast between these two teams, note that the bowling performance of Rajasthan Royals today is very good as every midfield is performing at its best and the few wickets Royal Challengers Bangalore have lost are almost caught out by the batsmen.
In 2nd playoff game RCB posted a target of 173 runs RCB team lost wickets early which created pressure on them. Rajasthan Royals chased down the target 174/6 in the 19th overs. excellent innings played by Jaiswal and Kohler Cadmore both players gave a decent start to Rajasthan Royals which helped his team to won this match easily. Riyan Parag scored 36 on just 26 balls the reason of winning the match by Rajasthan Royals. RCB posted an average target in knockout game and after that they did not bowling well in the start and didn't defended this average target. The Rajasthan team plays semi final against SRH and the winning team will go to the final of IPL.
The fans believe Royal Challengers Bengaluru team might take this IPL trophy but that dream did not come true. When the team's total reached 172, there were questions that Royal Challengers Bengaluru would not be able to win this match. None of those in the team who were expected to do the best did well. Even Maxwell, known as the best player in T20 cricket, has gone back to zero runs. Kohli or du Plessis did not deliver the performance that anyone expected. If these players could have played as expected, their scores could have risen above 230. Rajasthan Royals, on the other hand, performed well from the start but lost their rhythm towards the end but they bounced back with a win in yesterday's match.
116  Economy / Gambling discussion / Re: Gambling and Religion. Beliefs or Choices? on: May 21, 2024, 07:45:09 PM
Although I also don't know much about religion, what I know naturally is that every religion wants the welfare of its followers. The rules of religion have been established by reviewing how a person conducts his life, he will be good or how he conducts his life will not have any negative impact on his life. In every religion evil aspects are prohibited. As far as I know no religion allows gambling. Actions that lead people to evil or the influence of which people may become evil are completely prohibited. Every religion has the same message when it comes to gambling. But there are many people of all religions who gamble despite knowing these truths. They are gambling by ignoring religion. What I understand is that if a person manages gambling without becoming addicted to it, he will not suffer much.
117  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: May 21, 2024, 07:31:01 PM
Just when I thought that Sunrisers Hyderabad are making a comeback, Andre Russell gets the most important wicket of Rahul Tripathi. Before this, it looked as if SRH may get to somewhere around 200. But now, it looks insanely difficult, as they have Abdul Samad at one end, and Pat Cummins at the other. Not much batting to come after this. They have Bhuvneshwar Kumar next, to be followed by tailenders Vijayakanth Viyaskanth and T Natarajan. My guess is that they may end up at somewhere around 160. 

No way, after playing the whole tournament and coming this far, they are playing the Semi-Final sort of match like this  Angry  Poor performance by Sunrise Hyderabad in today’s match. Back to back, the wickets are falling and I think that they may score under 150 score, their team could be all out and the 10 wickets down until that score.

No Travis Head performed in this match so what is the advantage of their good team in the whole IPL when they are doing this type of performance in the most crucial match of the tournament? Let’s see if today’s match goes to Kolkata Knight Riders hand and maybe they will qualify for the final.

KKR quicks rattle SRH in powerplay
When a good score was expected from Sunrisers Hyderabad , suddenly the collapse started. I expected the match to score 180 or more. No one could perform except Tripathi in the match. Klaasen got some runs but not enough as he scored 31 off 21 balls. Head is expected to be high in this team but he has to go back to zero runs in today's important match. His other teammates also did not play well. Due to which Kolkata got a very easy win. If they able to score 200 or more in the match, the match would have been pretty well. Sunrisers Hyderabad did well in the beginning and middle of the tournament but towards the end the team seemed to lose their momentum.
118  Economy / Economics / Re: Take care of your money and learn to save. on: May 20, 2024, 05:33:09 PM
We must be careful about money, if you are careful about money then there is no problem if people call you stingy because some people's job is to say bad things about others.
In today's world money plays the most important role in managing people's lives. If one has money then he can do whatever he wants. Moreover, in personal life, there is no substitute for money, even if you survive in any bad situation. That is, without money, people are almost worthless. This means that not everyone will always have it. Even if one has money today, there is no guarantee that one will have it tomorrow.
To retain or save money, a person must take several steps so that he is able to retain his money naturally.

A person must have a good plan if he wants to save money. He needs to have an idea of how much money he can save apart from his monthly expenses. If you want to save money, you must stop spend in unnecessary things. You should also set your own goals. If there is any debt then that debt has to be paid. The area of income should be increased. A person will be able to make a big contribution in the retention of money if he takes a decision by observing the above mentioned points.
119  Other / Off-topic / Re: Why do people lose in gambling and still go ahead and bet more? on: May 20, 2024, 05:06:24 PM
Only because that we have discovered its not every gambling that is playing bet is doing that for the sake of making money, some are more concerned on how they will gamble and use it as a means of being entertained and they wont mind on the cost this may incur on them as long as they are going to get satisfied with what they want, all of us cannot because of loosing stop gambling, we are not gambling to earn money, instead for fun.
I think there are two reasons why a gambler continues his gambling even after losing. One is that they consider gambling a part of entertainment. I have seen some of the sports bettors who are more inclined to bet during the sports betting period. They enjoy their time. They take the risk even knowing that there is a risk in the bet. Another one of the reasons is that they continue gambling with the intention of getting big winnings from gambling. They feel that if they pull out of their efforts, they will fail to fulfill their dreams. As long as their gambling continues, they will be able to keep that dream alive.
120  Economy / Trading Discussion / Re: Day trading or Long term on: May 20, 2024, 04:51:12 PM
I think that day trading is very important because it is possible to make very fast profits from day trading and you can make huge profits in few minutes or few hours if you want. If you have experience and have practiced day trading before then you can be successful, because it is a matter related to practice if you have not managed the practice then success can be delayed for you. To do well you must gain experience and conduct many types of practice. Then you can earn better than debt.
Getting profits from daily trading is not an easy thing to do, of course we have to have the ability to analyze the market well so that we don't make a mistake in choosing the type of coin we will trade and this of course requires a long process to get good results as you said. It's very true, of course we have to practice and also have good experience in daily trading to be able to get good results and if we can't get good results, it would be better for us to do long-term trading first so we don't continue to experience losses in trading. what we do.
A day trader is one who can run for a short period of time such as 1 or 2 days. But day trading is not relatively easy. In day trading, an investor has to understand various factors and make decisions which can certainly be challenging. But OP mentions long term  that means trading and long term which i called as holding. There is a huge difference between holding and trading. A holder can conduct relatively risk-free trading while day trading is more risky. Just as a day trader can make a profit due to slight fluctuations, he is also more likely to lose. It is extremely difficult for day traders to make profit especially in bearish markets. But for those who are holders, the price hike at that time will not have any effect because they are long term holders.
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