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101  Bitcoin / Bitcoin Discussion / Re: Don't invest in Bitcoin because others are investing in Bitcoin on: May 02, 2024, 11:37:32 PM
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We mostly have to make decisions based on our personal reasons, not due to the reasons of others. Even like investment decisions too. There are people who invested in bitcoins because others where investing, these people because of their lack of personal reason of investing turn out to be weak holders of bitcoins. When there is a personal reason for investing, you become a more dedicated holder who has something to remind themselves with whenever there is the temptation to sell off investment. A personal reason is self-motivating.
Yes, that’s way more challenging either on how to reach your goal throughout the process. Do not just follow what everyone is rushing to invest, majority of them are not actually aware of what they’re entering. But take time to make your research why you need to invest in bitcoin or even in other assets. With that, you will have clearer reason and motivation why you need to pursue bitcoin despite of having high risk.

And don’t be fooled by other people saying bitcoin is one’s way to get instant rich. Know that you will never be successful in any kind of investment in just a blink of an eye, everything should be succeeded by putting a lot of hard work and patience.
102  Economy / Trading Discussion / Re: In order to reach your target, don't rush! on: May 02, 2024, 10:47:59 PM
Traders often click the panic sell in desperation when they see price falling while one who is experienced will look it as an opportunity to make more profitable. We should be able to think clearly in high pressure situation for that we need clear vision of what we are trying to achieve.

To ease things for traders always choose the less risky trading method which is spot long term trading any other method is risky.
It’s normal to see traders get desperate and disappointed with how btc price moves since it’s hard for us to hide our emotions in situations like this. However, don’t get carried away with your emotions and reach the point of selling your coins. That will only waste your time and efforts when you are hodling, and would definitely make you lose from your investment.

Don’t rush in making profits but focus more on your goal why you are here in the first place. Everyone is affected with how bitcoin price drops drastically, but let’s just stop there and chose to be more patient while waiting for bitcoin to finally reach its new all time high.
103  Economy / Economics / Re: How safe is it to keep your money and gold underground? on: April 29, 2024, 03:47:59 PM
I remember in our country one guy who took a loan from his relatives to buy a jeep that he could use for his business unfortunately there was a fire in the neighborhood and he was not home when it happened only his pregnant wife and two kids the wife saves all their children but forgot the money that was kept in a bag.

Keeping money in your house is not safe, if there's a fire or a flood and there's a burglar breaks in you could lose your money, which is why today there are many treasure hunters because they believe that people in the olden days kept their fortune underground, and we have records of buried treasures that are found after so many years.

I can say it is safe to keep but you make sure that you remember it or no one knows, if you keep a map there's a possibility that it can be found by others if you lose the map and another drawback is if a building is erected on the place where you buried your fortune.
I would say it will only be safe if you actually own that piece of land so you have the full control on it. Otherwise, others will benefit it in the end and may lose all your investments. Also, if the location is not prone to flood or any other natural phenomena, then your hidden treasures will be safe enough. But make sure that you have someone that you also trusted that is aware of your hidden money and gold, so that when sudden loss or death will happen, at least that hidden money and gold will still be found by your family.
104  Bitcoin / Bitcoin Discussion / Re: No risk no gain on: April 29, 2024, 03:14:21 PM
I am just curious why you need to request others to buy Bitcoin. Because you can buy Bitcoin yourself for any amount. It's not necessary to buy a full bitcoin. So you don't need to think about the 50/50 scheme when you intend to invest in Bitcoin. I assume you don't have enough proper knowledge about how Bitcoin works. So you need to study a bit more. I will advise you to spend more time on the forum and read as much as you can, especially related to Bitcoin technology. It's true that if you can't take a risk in crypto, you won't be a gainer at any point. Crypto isn't for panicky people.
Exactly. Anyone is free to invest even with a small amount at first, so you don’t need to find a partner for your investment. Invest on your own and invest on the amount you are comfortable to lose. That way, when bitcoin price suddenly goes on a price correction, either it’s going up or going down, at least you know for yourself that you won’t be selling at a loss but hold longer, and you don’t have to worry for others as your partner in your investment.

Now you are starting to regret seeing bitcoin price has surged high. But you know what, if you keep on missing bitcoin opportunities, you will keep regretting all the time. I guess you still have to learn a lot more about bitcoin and its highly unpredictable market. Do your own diligence to learn, and you will definitely be thanking yourself later on when you come to finally understand bitcoin and start investing on it at last.
105  Economy / Gambling discussion / Re: Use your winning responsibly on: April 29, 2024, 02:28:38 PM
I'm not sure if this is a good idea or not, but I'm sure it's a good idea and I'm not sure if it's a good idea or not, and I'm not sure if it's a good idea or not. So be wise in stopping and using your money if you have won to buy things that make you happy other than just gambling, such as vacations or whatever, like the OP who bought a TV, shoes, a vehicle or whatever it might be that you can feel, and I think that is a form of accountability in the use of money earned from gambling.

But I think for people who are greedy and addicted to gambling will still do the same thing, even if someone buys a car from the proceeds of gambling, they will definitely sell the car back and spend it on gambling, I often notice this kind of person in my neighborhood, precisely in my country.
True, this really happens even to some of my known friends. Yes, they gained big winnings from gambling and buy new properties, but after that they end up selling again because they have money shortage, and certainly because they also want to satisfy their gambling urge as they have vividly fall into gambling addiction.

Winning in gambling is probably not the ultimate goal, but most likely on how you will make use or take advantage with the huge amount so that your money won will end up worthwhile. But for addicted gamblers, this is easy to say but hard to do for them, as they will obviously chose to gamble again than to invest their money won into certain investments that would most likely give them passive income in the future.
106  Economy / Trading Discussion / Re: Invest To Learning First on: April 29, 2024, 01:55:06 PM
Well, all investments are associated with their own risk. But the good thing is, you can definitely lower their risk if you have high knowledge and experience on investing on a certain project or asset. Like bitcoin, the more knowledgeable you are and more exposed to crypto investments, the highly capable you’re going to succeed in the future.

Investing in your learning is like seeing guarantees for your investment. Yes, there are a lot of crypto community or groups that will help you achieve that, but just a reminder, do not rely all your learning on them. Know your potentials and do your own diligence to learn. It’s still a lot advantage if you have stocked knowledge at first and then just add them on with those learning that you can acquire outside or from any crypto community group.
107  Economy / Speculation / Re: As Bitcoin Prepare for more Bull, What's your Decision on: April 29, 2024, 01:05:22 PM
It's already clear what most of our decision s would be which is to hold, bitcoin is just in it's early stage of bull and we are still expecting a lot from it, the current price of 60k is just a sign that bitcoin would surpass it's ATH by a margin and set a new ATH record of about 150k, I'm saying this this cause we are still not less than 2 months into the bull earlier this January the price was still consolidating around 35k-40k now we are seeing an awesome 60k, anyone who bought around then should already have a doubling effect on his investment, and if you ask me the only way to prepare for more up is to buy even more bitcoin.
No doubts about it because doing DCA and hodling more bitcoin is the best option so we can make maximum advantage when bitcoin bull run comes. Although bitcoin’s future will never be certain, but we all know that bitcoin price is designed to appreciate in time, which is total opposite of fiat, that’s why if we can hold longer massive amount of bitcoin, that would probably guarantee excellent profits in the end.

However, it’ still highly crucial to only invest on the amount you can afford to lose. Bitcoin is highly volatile, and so we need to have stable funds first reserved for daily survival, in order to hold bitcoin as a long term investment without getting bothered of its price fluctuations or without sudden decision of selling it because we are in short of our daily budget.
108  Bitcoin / Bitcoin Discussion / Re: If someone you introduced to BTC says the risks of her funds is on you on: April 29, 2024, 12:44:51 PM
I would not go to that extent to make my friends or family invest. If they wish to do so, I can guide them. You should make it clear to your friend that the long term prospects of Bitcoin are good but in the short term losses may be incurred and that you as the friend will not be responsible with.

Be very careful when advising people financially. They will pin their loss on you and then you will be in a soup.
As much as possible, don’t dare to advise people financially because the moment they will follow what you say, that also means that you’ll be held responsible whatever circumstances that may appear in the future. Even if you tell them be responsible of their own actions most especially when money is involved, still I don’t think that will work in the future. Just give them ideas where to invest, but don’t advise them on what specific investment they’re going to risk their funds.

Introducing bitcoin to some of your friends or relatives is never bad, but the moment you give them guarantees that it’s highly profitable and reliable, that’s where you created a big mistake.
109  Economy / Gambling discussion / Re: 2024 NBA Season on: April 29, 2024, 08:01:11 AM
This Suns vs Timberwolves game has been pretty close with plenty of lead changes. All the superstars are having great games. This one is fun to watch. Durant and KAT especially are having great games.
Yeah, very close.

Remaining time is 7:38 minutes in the 4th quarter and Edwards has got 20+ points and still a lot of time remaining. While Booker got 42 points.

This could be an OT later.

I was hoping for an OT but Suns could not convert their shots, the defense of Timberwolves is so good. Now, this team who exited will still be the same team next season, I wonder how the management would feel after investing a lot of money for the big 3 that they could not get a first round pick. They are getting old, and they lack players especially the 2nd unit who could help Durant and Booker, I don't know how they'll work that out next season but they have to.

It's better than the game ended that way so they will not expect anymore. Suns were able to limit ANT early but he exploded in the 2nd half where it's winning time. I don't see the Suns being hunger anymore, they don't play with great chemistry and it was really their defense which is a big problem.

Booker scored 49 and Durant had 33, but it's not enough because one of the big 3 Bradley Beal only score 9 points. Sorry to say but IMO, he has become a liability of the team, no wonder he got traded from his old team. So next season maybe one of the big 3 will be traded.
110  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: April 29, 2024, 07:40:22 AM
I agree, it's not all about the ticket prices or other cost in purchasing merch, it's all about people and the supporters are losing interest with them because of repetitive teams playing in the semis, supporters know how the team plays and they can easily predict who will become the winning team, But I don't know if there's still a lot of people still watching them once it was aired on television.

There are still some but most of them are those who are betting on the games. Actually, they can reach many viewers online like their facebook stream depending on the teams that are playing, if it's Ginebra then that's guaranteed they'll get a good number of viewers.  However, there's a problem with their streaming as it's not really a live telecast but more likely a delayed telecast, that's why people would just choose to watch from the illegal streamers as they provide what people are looking for. Just imagine you are betting on a certain game but what you are watching was a delayed telecast, how can you win?

yeah right, interest even with the bettors will decrease with how the league managements taking care of their live games, just like you mentioned, why bother to bet in a certain events only to find out that the game was alreadt done, it's best for them to take a gambler with how they will bring the fans trust and interest.

If they can add more teams which is not part of the big two franchises or also not a part of the farm team, or like what we are discussing previously about inviting overseas teams which very effective the last time they offer it.

It's more on the adjustments and willingness of the management that may survive the league in terms of fans interest.

I think for now that they could not accomodate new teams then they should invite overseas teams and play with the league. With that, the season will be more competitive, and even though the farm tems still exist but people would not mind that as they want to see the best teams in the PBA playing against an overseas teams in the playoffs, or in the Finals at best.

Anyway, let's discuss on the game last night. Have you seen the game between Meralco and Magnolia? I think they have the lowest output in a single game not sure if they already made history on this one, Meralco 74 - Magnolia 51 points.. 51.. yes that's it, have you seen a team that went to the finals last season and only scored 51 points in the entire game? I think this team really have a problem, and although they secured their playoff spot already but I think they'll be having a problem in the series if they cannot figure out their offense problem.

We are desperate to see the PBA go back to its old days in terms of popularity, so I hope they'll listen to the people as they can read a lot of suggestions and criticism, that means people are still caring on the PBA and they don't want this oldest basketball league to close because team owners are not getting the benefits of what they have invested anymore.

There are still time and I know if they'll really work on it it's possible because they have funds and these giant teams are gonna help to make it happen. You know, the owner of MOA could benefit since games are held in that venue, so with people interested in watching the game because PBA is competitive again, they can easily get their investment.
111  Economy / Economics / Re: Starting a business without capital. on: April 28, 2024, 11:57:44 PM
Is very possible starting up a business without capital all you need is your ability of pursuing success.
Affiliate marketing is a business you can venture into without capital and still make good money from it, even more than some businesses started with capital.
Affiliate marketing is the process by which a person earns a commission for marketing another person's products.
All you need to start this business is good communication skill in other to sell the product of the other person and get a commission for doing that.
You can decide to market product of different company or person's at same time by doing this you are sure that everyday someone will buy from one of those product's there by making money every day.
When you become an expert in affiliate marketing you will start making profit every day of your life.
For influencers, this is an easy way to make money out of affiliates. Their brand name and reputation is the one that will be trusted by their signees or referrals. But if you're an ordinary guy and try to see your future in here, you should be doing other things as well while you're building your presence through different means like in articles/blogs, vlogs and any other ways you're building your community because trust and influence is what will make you a lot of money out of it.
You are right in here. While affiliate marketing becomes a trend right now, but we all know that succeeding in it is not as easy like everyone is expecting to. You can’t attract interested buyers to patronize your items if you weren’t known in the first place, so you have to establish your own name at first so that once it becomes famous, people will easily put their trust on you, and bite whatever interesting offers you have.

Affiliate marketing requires more hardwork and determination so you will end up successful with your goal. And the fact that a lot of people are doing like this, so you need to become more competitive as well and think of special ways on how to attract people so they will end up buying your offers. This may be hard and tiring at first, but I think the amount of profits are certainly worth the time and efforts.
112  Economy / Gambling discussion / Re: In Your Country Who Gamble More? Young Ones or Elderly Ones on: April 28, 2024, 11:29:21 PM
Do you see such elderly people in your country? Or is it only in Africa? Is the younger ones play gamble more than the elders?

Both I think are engaging in gambling.  The adoption of smartphones I think contributed to all these siesta moments even in the time when they are supposed to be working.

Social media is more addictive than gambling though, this is where people are spending more time on social media trying to learn what each other is doing.  But the casinos are also grabbing attention especially if it's about national sports, people are betting on it online regardless of age.
I think with the emerging of online games, I can see that young generation these days have easily get hooked into those variety of games and eventually fall into gambling addiction. But what we also don’t know is that even elders these days are still into gambling, although they’re not visible playing with their smartphones but that’s because they are having more fun with gambling in betting shops or real casinos wherein they can socialize with other gamblers as well. That only proves that both are still active when it comes to gambling, some are just fond with online while others prefer betting into physical casinos.
113  Economy / Trading Discussion / Re: Satoshi Nakamoto remaining anonymous is good for Bitcoin! on: April 28, 2024, 10:59:24 PM
In conclusion, it's highly plausible that Satoshi Nakamoto would have faced legal repercussions had his identity been exposed. However, this remains a topic open to discussion and differing viewpoints.

I think anonymous Satoshi is indeed the best thing for this technology.  But something always bothered me about Satoshi's anonymity.  I think there is some kind of conspiracy here that makes Satoshi disappear forever.  I think if Satoshi was really searched and traced with today's sophistication, I think it would definitely be possible to find out who the real Satoshi is.  And I think Satoshi didn't work alone, I think the developers were a group of experts who dedicated themselves in their research.  I think Satoshi was killed after they succeeded launching Bitcoin so no one can really claim to be Satoshi.  But whoever he is and wherever he is, I am very grateful for this creation.  He truly provides freedom in a world full of financial restraints and rulers.

Yes Satoshi is the best thing for bitcoin not only because he is the foundation, but because he lives being anonymous as the best feature of bitcoin. However, talking about his sudden lost, I guess that’s already part of his creation with bitcoin. No one needs to reveal his real identity just because he is into bitcoin. He can be successful with bitcoin without disclosing private information about him. That’s why if Satoshi is alive at the present, I don’t think he will agree with this KYC verification. It completely breaks the nature of bitcoin, but what else can we do if that’s the only way we can gain higher security from not losing our coins into the hands of scammers.
114  Bitcoin / Bitcoin Discussion / Re: Why you should only hold Bitcoin on: April 28, 2024, 10:46:06 PM
While I believe that Bitcoin should be a necessary part of any investment portfolio, I can’t agree that it should be your exclusive investment. Historically speaking diversified investors have always had more success and staying power than those who put all their eggs in one basket. While I believe in Bitcoin, I’m not mad at anyone who wants to diversify their digital investment portfolio.
You know it’s actually your own choice if you stick to bitcoin or diversify your investments. But if you are still a beginner, sticking to bitcoin will create more guarantees that you will end up with bigger profits most especially if you hold it for quite long years. Unlike if you risk your funds into altcoins, there will be more risks and pressure with these type of coins since they are just a pump and dump scheme, and you might only end up losing all your capital before you see your real profits in the process.

However, if you are talking investing in different assets like stocks or real estate, well I think it would be a good idea but as for me, I will only invest in them after having extra profits from bitcoin.
115  Economy / Gambling discussion / Re: Gambling mistake repeated by the gamblers on: April 28, 2024, 03:02:06 PM
I do not think they will listen because they do not need to be corrected what they need is to realize how wrong they are with the thought of gambling to earn as their primary source of income..
As long that kind of mindset is still imprinted to their minds they will never get to listen what everybody is trying to say, this is base on my own personal experience with dealing to a person which was my former co-worker in the same department who quit and resigned his job because he hit big in gambling and he tried to continue his living by doing more of the gambling work. We have not seen for a long time now but I heard he is now working again to a different company in which he again started at the bottom position.
Different person will have different threshold, if you're get paid for $1K per month, but you win $100K from gambling, most people will resign because they think their jobs aren't worth it anymore. However, when someone don't have experience to manage big amount of money, they usually spend their money for unnecessary thing and believe it's a good investment.

That's why someone who won a lottery mostly back become poor because they can't manage their money.
This is why if you’re into gambling, you should learn to balance it as well with making some investments. Once you make big winnings, proceed with planning on a potential investment that can be highly profitable and sustainable, that way even if you lose at times with gambling, at least you are also generating some decent profits from your investment. And with that, you can also make an assurance to yourself that your winnings will not be wasted, and won’t live again facing a lot of financial issues.
116  Economy / Gambling discussion / Re: 2024 NBA Season on: April 28, 2024, 12:55:06 PM
Lebron's legacy will be great if he can manage to bring the team to another win and at least force a game 6.
Why not push a game 7? Grin

We like to see that but it's almost impossible. The Lakers winning one game might be the only game they can win. It's different when the game is played in Denver because the crowd will be fully supportive to the home team on a close out game. Denver can't afford to miss the opportunity to eliminate the Lakers because  if they'll give hope for another game, I'm afraid game 7 will happen.

Let's not be too hype with what the Lakers had done in game 4, after all, the series is still in 3-1 and based on wiki.

Quote
In the history of these leagues, teams that were down 3–1 in a series have come back to win the series 58 times; 14 times in MLB, 13 times in the NBA
https://en.wikipedia.org/wiki/List_of_teams_to_overcome_3%E2%80%931_series_deficits

So the chance is still very slim.
117  Economy / Gambling discussion / Re: Devin Haney vs Ryan Garcia on April 20 on: April 28, 2024, 12:27:51 PM
^^ Ok, with that news it's official that Derrick James and Errol Spence has separated already. But it's just sad to here that it's not amicably as based on that lawsuit, Spence still owns James a lot of money or at least from the Crawford vs Spence fight.

And enter Ryan Garcia, he said that he wants to fight Errol Spence now, Lol. Its seems that Ryan is calling everyone now. But in any case, for Oscar this is a good story board, Ryan wanted to knockout Spence for his trainer, sort of revenge story.

Yes, that is great fight, if Ryan is moving up to 147 lbs and then wanted to test the former champion in Spence Jr, then sign the deal. For the lawsuit, it's big money that they are talking here and I agree that it's very bad to see how everything ends up with the two.

As per article, Derrick James has been with Spence since his Olympic days or at least at the start of his boxing career and guided him to become a great boxer and a world champion. However, it looks like Spence doesn't want his services no more and so James have to get back what he think deserves of him as a payment for being a coach or mentor for Spence for many years.

I don't want to comment on the legal part but I am very much interested with this news that Ryan is challenging Errol Spence Jr... He is not stopping and I like the path he is taking because he is not backing down, I mean he wants to take risk by getting into big fights that would truly entertain the crowd.

Ryan had already proven that he isn't a joke, he could talk trash but he could beat a fighter in the ring. I believe Errol is strong but he is slow, so I think Ryan could beat him, and then maybe next target is Terence Crawford?
118  Bitcoin / Bitcoin Discussion / Re: Are you increasing your bitcoin investments because of today halving ? on: April 27, 2024, 11:59:18 PM
Are you increasing your bitcoin investments because of today halving ? For how long do you plan to hold this new investment from here on.
First and foremost, even without halving, I’m already determined to increase my hodlings because I believe of bitcoin’s high potentials to grow in the future. This halving is just a bonus. But even without it, bitcoin alone has already proven its usefulness and profitability for all those years, which made me believe to stick to it no matter what. Although I also want to diversify at some point, but I’ll always keep bitcoin having the highest allocation compared to other assets or investments.
119  Economy / Gambling discussion / Re: Can people still get the addictive nature through friendly games on: April 27, 2024, 11:44:48 PM
If this is indeed a friendly game then you must all be know that you are not fighting against each others instead you are just enjoying the game with bets or not.

But for me ? our friendly game requires no money but just to enjoy our day together that we have been doing for many years now at least once a month when we have time to consume.
The fact that this game creates a fight, then I don’t think it’s a friendly game anymore. No one fights for just a friendly game, and I don’t think friendly games may require some money betting to the extent that one may put hatred over another until it’ll end into misunderstanding and create a fight. Otherwise, you are not into a friendly game anymore, but a serious betting game.
120  Economy / Gambling discussion / Re: Why do some people hide to gamble on: April 27, 2024, 11:19:06 PM
why some do some people hide just to gamble or if it is the best way to gamble ?.
it could be that gambling is illegal in your area and hiding in the corner is one way to discreetly do it without attracting much attention from other people, I mean, from my experience, I grew up in an area where people gambling on plain sight and what usually happens is that it attracts attention from people or other gamblers and in the end you'll have a lot of people flocking in one area which is very noticeable.
The fact that some people are hiding, then most likely they don’t want to draw attention from other people around. Yes, it could be illegal and unacceptable in their area like for Islamic areas, or it could be that they don’t want other people to know that they are betting a huge amount which is not normal anymore for street gamblers. Because let’s admit it, a lot of people misinterpret it. They will think that once money is involved, especially bigger amount, that’s already a serious kind of gambling that may lead to small addiction until it grows once it becomes a habit.
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