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1061  Economy / Exchanges / Re: Cz or the Sec who would you support? on: July 18, 2023, 09:52:20 PM
With the current issue in the crypto world between Cz (Changpeng Zhao) Ceo of binance and the Sec, I support Cz with reasons that binance has done alot to earn it's communities trust,helping millions of users in the crypto ecosystem,and has more durable marketing strategy whereas the Sec is government driven and wants to control everybody.
It's unfair that the sec is suppressing a private cooperation that's helping to grow & build the crypto world, binance is helping everybody including crypto whales and newbies and a fight against binance is against the world.
What's your say on this?
As I am also from the crypto world and since Cz (Changpeng Zhao) is also the same, so, although his real purpose is still not clear to us, even though the Crypto industry is expanding because of him, that is why I also have a feeling of supporting him.
But we must remember that they are expanding the crypto industry not just to help crypto people, their own interests are involved here. It can also be said that the way they are getting bigger and the crypto market is very much centered on them and I think that's not good news to cryptocurrencies, Because the purpose of the invention of this cryptocurrency will gradually disappear as it becomes more like controlling the market conditions.In this case I would say, keep your eyes and ears open while trusting anything centralized.
And what to say about the SEC, I left them out because they are suing those involved in the crypto industry two days in a row, So there is no question of supporting them.

We do really appreciate on what he had done and able to get those benefits and really that having the convenience specially on using up the platform that he had been able to make but im not really that getting shocked
that these places would really be coming into a point on which they would really be experiencing these legal issues and other complaints or on whatsoever things that would be thrown at them by the government
specially now that they have expanded too much or into a certain extent that it do really give out that some alerts into the government because we know that they dont really like on something that would really be
having that huge marketshare on certain industry and this is why now they are now making some issues?

Its not something new anymore and with these kind of shady acts and throwing up some issues is never been that something shocking because they are really that a fan on doing this kind of behavior.
Im not wondering if they wont really be winning up against SEC (hopefully not).
1062  Economy / Gambling discussion / Re: Olympic Games, but doping is allowed?! on: July 18, 2023, 08:37:40 PM
I hope whoever comes up with these competitions understands that the main problem with doping is not that it is cheating, but that it is dangerous for athletes in terms of survival (as well as going beyond their normal capabilities, by the way). It is unlikely that anyone will be interested in watching a run if, say, a couple of athletes out of a thousand (I take a very modest figure - in fact it can be much more) die right on the treadmill every year. In general, I do not think that in any adequate jurisdiction this will be allowed.

Performance enhancing drug will always pose some risks to the users body and I don't see any reasons why this kind of event should be pursued because one day they will feel that they are the strongest man or athlete in the world but afterwards, the effect is unbearable as fatigue and stress will eventually catch up with them which led to a few days rests because the body will badly need it. Some are lucky to be alive to tell their own story but to some who are unfortunate enough to survive, I hope they will be a lesson for the athletes who wanted to do the same thing.

Yes, doping is a deadly risk. As far as I know, in modern sports, the highest mortality rate among professional athletes is precisely in those sports where doping is more or less condescending. And I think that many will be surprised what kind of sports they are: for example, wrestling. It would seem that there could be something dangerous in "theatrical" battles? But the problem is that actors use doping to build muscle mass and keep in shape and it kills them.
The real spirit of sports lies in the stamina of the player. When they were allowed to use dope and other drugs, automatically the performance will be much on the drugs support and nothing comes out of the player. These kind of decisions were completely dangerous and the same could be a big blow in the upcoming generation's sporting life. Already from the very small age kids have begun to consume drugs and now this will make it much easier for them.

Doping should not be allowed in any case, I do not understand who is making such insane decisions. Using drugs can be risky for the players.
Yes, the performance and energy levels of the players may increase but in the long run, this is deadly for the player themselves. I guess the players should protest against this decision.

Maybe the spectators may enjoy the enhanced player performance, but you can't risk the player's health.
This isnt only limited on athletes but also in other animals as well specially on horseracing or greyhound on which doping is really that significant to enhance out their performance but just like you do said that its not something that it would really be that ideal or something to be safe with those people or animals who had been injected or having that make use of drugs just for the sake of having that good impression and entertainment into it fans. Its true that it do really compromise out athletes health which is something that we dont really like to see or happen. It is really just that right  or enough for them to play and show up their performance
on their conditioned body not on the sense on not to make or use of any drug.Its not really that necessary but it is really just that sad that there are instances and moments on which athletes do really
end up with this kind of option just to make enhancement on the sport that they are really that getting involved into specially on major events like Olympic Games on which this one shouldn't
really be allowed.
1063  Other / Archival / Re: Why has bitcoin adoption failed in El Salvador? on: July 18, 2023, 07:52:13 PM
After seeing a discussion in this thread about the level of support for bitcoin adoption in El Salvador, I decided to look for some stats data. Surprisingly, I found publications only about two surveys. One was carried out immediately, back in 2021, and the percentage of disapproval of such a decision was at the level of 67.9%. Last autumn, the same institute conducted another survey, the level of disapproval of accepting bitcoin as a legal tender was still very high, 65.5%. And this despite the fact that the level of approval of Bukele himself was 87% last year.

I thought the government's efforts to spread the word about bitcoin were doing more. It would be interesting to see how the opinion of the Salvadorans has changed this year, because after all, there is a lot of good news related to bitcoin from this country. I hope Salvadorans see the benefits of bitcoin before Bukele leaves office.

There's still a lot of skepticism when it comes to using Bitcoin as an alternative to Fiat within El Salvador. It's going to take quite a long time before we see some progress. Everything will depend on President Bukele's efforts to speed up adoption for the cryptocurrency. Compared to other countries, I'd say El Salvador is already one step ahead of the game. Especially when the US Dollar is prone to collapse soon (not to mention that other Fiat currencies are faring worse).

The sky is the limit to how far Bitcoin adoption can go within El Salvador. Who knows if the "Bitcoin City" project will boost the country's economy faster than we've previously imagined? Just my opinion Smiley
For sure there are really things which arent really that being able to cover up by Bitcoin in terms of those casual fiat transactions specially on micro ones and we know that not all citizens would really be that fully aware
on how to make out online transactions in between wallets but still a  good thing that they do make it as a legal tender. It might did really able to get lots of criticisms basing up on what Bukele had done but
he didnt really make himself that get distracted with those things but instead keeping on stashing up Bitcoin and even bought even into those cheaper prices believing that it would really be resulting more positive
in the future which it really did considering that we are already on this current price basing or comparing it up into its entry point. We cant really tell that it do failed out because it wont really be just that a short time
for us to see the effects and benefits on which on the decision that they had made. It is really just still that surprising that theres a certain place and government who did really make out such decisions
on making it as a legal tender on which i do actually just cant believe on such decision knowing that government does really hate up crypto in the first place.
1064  Economy / Gambling / Re: Loophole in stopping Money Laundering through Wagering on: July 17, 2023, 11:41:53 PM
It's not possible to do because of the amount of money someone would have to bet at 1.01. A person would need to bet $1,000,000 to launder $10,000. No one is going to do that and if a person tries to cashout $1,010,000 there is going to be KYC.

I think it's easy to spot an abuser... especially over a long period of time. Simply by checking all the relevant factors, deposits/withdrawals, and on-site bets. And casinos probably have some "special techniques" for catching people in their trying to cheat the system.

This can be a "loophole", but people who engage in this stuff risk their accounts and the money they have on the site. Probably the same people come here to complain when they get busted.
Casinos arent really that blind on checking out whenever they have noticed some unusual or suspicious kind of activity on a certain individual or user on which it would be normal that they would really be strict when it comes to this because this would really be costing them big on the time that they would really be able to have those legal issues if ever they wont really be able to resolved it out.Its true that it would be impossible that they cant really be able to spot an abuser or something that really just using the platform to wash off their coins but come to mind that if a certain huge depositor would really be making up some wagering then i highly doubt that
they would be stopped midway considering that house do always win at the end and having the chance that would be busting up that huge balance in trying out to reach out that wager threshold for them to make withdrawal and this is something that they might be observing but on the time that they have seen that was their main motive then this is the time that they would really be requiring those further kyc thing.
1065  Economy / Trading Discussion / Re: Which is more profiting self trade or AI on: July 17, 2023, 10:56:37 PM
Lately, there has been some development here in the integration of AI in trading on some stock assets and cryptocurrencies, and to a large instead, AI has ground in acting and executing trades and recording profits, but it has not been for long so as we can't tell what the success rate will be, but for the fact that the reality on the ground has shown and proven their existence in trading stock, so as that which one will you prefer if AI is proven to be effective.
Will you prefer to trade with AI or you prefer to do the trading yourself?
Doesnt need to choose if you could be able to have both things on which you could make use of those AI trading results or recommendations on which you would be just simply snipping out those idea and would be applied into your manually made out such analysis which i would really be seeing for it to be ideal and much worth rather than on fully trusting up AI trading. Also you wont really be having that feeling of regret on the time
that you would be losing a certain trade on which you would really be having that kind of acceptance rather than on having a negative result on making use of AI then it would really be giving out that kind of annoyance
on what happened and you would really be promising that you wont really be using it up once again. Profitable? You could always be making up that comparison in between because not all would
really be that satisfied as long they could be able to experience for themselves in regarding the result. You would be able to find out on which one does really fits on your taste.
1066  Economy / Gambling discussion / Re: Easy or hard to quit? on: July 17, 2023, 10:28:54 PM
It is true that we as good human beings also need some fun, but sometimes it is difficult because many do not know healthy fun and that includes being able to control emotions and performing many functions, including putting everything on a scale, not go crazy, and control impulses above all, when we play we have many impulses and that is what leads us to make bad decisions.

If we had the coldness of a robot to manage our own emotions, we would be very advanced beings and with many things that we can achieve, but it is difficult, very difficult to control emotions, and even though it is something we can do ourselves, we get into our minds that we are invincible when we play and that is when we lose the most money.
Yeah, but sadly we aren't robots capable of controlling our emotions. I believe it's quite hard for a human being to achieve complete control over their emotions. Quitting gambling can be an extremely difficult decision for someone who has been gambling for years, but it may not be as hard for someone who only gambles casually and in moderation. To be honest, I don't plan to give up gambling because it brings me joy and I genuinely enjoy doing it with my friends from time to time. It never negatively affects me because I know how to control myself and rarely exceed my limits. Even when I do, I don't regret it.
When we experience loss we'll decide not to gamble anymore, soon after that our mind will think why don't we just wager a little. We'll experience little win and increase the capital. Now we start to gamble regularly and at some point we don't have control and want to make specific amount out of gambling. We run behind the target and in between we won't be able to achieve it. Our mind doesn't accept it and we will be with positive thoughts and borrow to gamble. Now the risk is big and this continues, so when you prefer to stop gambling you should not think of it anymore.
Exactly, when you keep thinking about gambling it turns out to be you are somehow addicted to the casino games. Logically, as an addicted gambler you gonna deposit and play more while there are other important things in life to do. Quitting gambling is not easy for an addicted person, there are many variables gamblers should take into consideration before deciding to quit it completely but as you explained once you decide to do so better not to rethink gambling and its consequences, IMO. Just decide what you wanna do and follow this path with help from a professional psychologist.
On the time that you do see yourself that you are on almost addiction then it would really be just that wise that you should be distracting yourself on engaging on things which it would divert out your interest on gambling.
You could actually do it if you are really that meant on doing so.It is really just that a matter of self discipline and control towards self. Addiction wont really be that possible or could hit you up if you are really
that sensible on what are the things that are currently happening into you.The most common mistake for most people is that they do tolerate out that kind of eagerness on playing gambling without minding
about the probabilities on getting addicted. Majority of people would only stop on the time that they would really be experiencing unfortunate events which it is really supposed to be avoided
it earlier if we are really just that mindful about on whats happening around.  Hard to quit? It would really be just depending on you because not all would really be that good when it comes to make up decisions
even if they wanted to.
1067  Economy / Economics / Re: Inflation is making a mess of my savings. on: July 17, 2023, 09:43:58 PM
Inflation is really biting hard, and nobody is doing anything about it, should we all just go with what Tupac said, "that's just the way it is, things will never be the same".
A lot of person's have ascribed this global inflation to the crisis Rocking Ukraine and Russia,  a lot of person's have also said it's as a result of shortage of gas supply across Europe and other countries.
The whole story is not just clear, as to why inflation is biting so hard and IMF AND WORLD BANK are not doing anything about it and the people are just left to face their fate alone.
The prices of goods and services are constantly going astronomical high and there is no hope insight of this ugly situation coming to a halt.

The purchasing powers of citizens are getting weak and I don't understand if the consumer protection laws are even effective anymore this days.
You buy something for a certain amount today, in the next one week, that same item you bought  has charged Prince without any reason.
How are you guys pulling it through with this inflation?

Inflation is inevitable but we do know that it is neither would really be going upward but most of the time it is but there are news on some countries on which it do hit up some low numbers but eventually this wont really be
still that something that could really be think about because in the end of the rope the prices would really be still going upwards. Its true that there's really that consumers protection but we cant really tell that they are useless considering that control of market prices is really that their job and if ever the prices turns out to be higher then there's no stopping of it because it would really be basing up on the supply and demand things plus
on other factors on which it would really be that resulting into those price increase. Better not to make yourself that mindful about those things and it would be better if you do focus yourself on having more income
source so that despite of the worsening situation about inflation but since you could financially be able to sustain yourself because of other income source on which this is where you should really be focusing on into.
1068  Economy / Gambling discussion / Re: Let's find out which gambling game is the most played among our community... on: July 16, 2023, 11:30:43 PM
This poll is purely for fun, I would like to hear your opinion on the best gambling games out there, and I wonder which games are the most popular in our community. I am sure there are numerous less-known gambling games played around the world,  so if you choose "Other," please specify the game in the comments section below, and I will add it to the poll.

Let's vote and see which games we find most exciting, entertaining, or rewarding. Smiley
Sportsbetting
Slots
Dice


These are the common games which i do prefer to play and for some time i do able to play on Pinko but not much.Usually i do play sports betting specially on NBA and for esports then it would be Dota 2.
If i wouldn't be able to see some good odds and match ups on sports betting then this is the time i would be considering on playing on slots and dice games on a certain time on a particular budget or fund allocation.
Poll results does shows that this 3 is the most played games or really in demand despite the numbers of voters are less but it do shows significance about on which area does this community do really interested into.


1069  Economy / Trading Discussion / Re: Can gambling and crypto trading be considered as skills with $10k gain a month? on: July 16, 2023, 10:44:15 PM
• Can  gambling or crypto trading/crypto investment be considered as a skill?
Even though gambling is a game of chance, it can be considered a skill if you can be profitable and use it as a source of funds. Traders that do not rely on signals from others but can assess the market on their own and still be profitable is a skill.

Quote
• Can a gambler or crypto trader/crypto investor earn as much as $10k in a month besides any of the aforementioned skills?
There are many gamblers and crypto traders/investors who earn $10,000 or more per month. Most of these guys are pros who know exactly what they're doing. In contrast, these are the reasons why others desire to trade because they want to earn as much as this someday, but their funds are gone.
If you do have that wish on earning huge then everything should really be taken to have a process and dont make yourself get in a rush because this would really be usually be ending up for you to be that desperate
which it would really be causing for you to commit mistakes which are something that we should really avoid. When it comes to money making opportunity then this doesnt only limit out on  trading whether on crypto or traditional markets but also you could really make money out of those other skills which could really be applied online and there are lots of varieties of skills on which you could really be able to make use if ever you do see
these opportunities. $10k a month is really a challenge but just like you said that there are people who are actually earning these digits but only a few. Imagine on earning this amount on a month will really be that giving you a good life specially into those people who do live on developing countries which USD is really that high in value on their local currencies. It is always been that a challenge on acquiring such skills and getting that
job.
1070  Economy / Gambling discussion / Re: The madness of gambling addicts. on: July 16, 2023, 09:56:25 PM
<snip>
People who are alcohol addict, their mind stops working when they drink more alcohol but still they don't make decision which ruin their lives whereas the gambling addicts are so cruel to themselves, their mins is also working yet they keep on playing, take loan, sell their belongings only to play more gamble or recover their losses.
~
Alcohol, substance, and gambling addictions, they all sometimes contribute to aggressive behavior of the person, behaviors, and decisions that could ruin their lives or others'. It is not limited to gambling addiction alone.

From the article shared by the OP, the 65-year-old grandfather could be in deep gambling addiction; he would never do what he has done if not.
It is not age limited but quite dangerous for underage gamblers who have been targets for some online gambling platforms years ago before proper regulation requirements. The addicted gambler can lose control over his emotions and gamble with the money he can't afford to lose. That is why there are so many beggars on casino chats looking for free tips after losing rent money on useless slots. It is what it is and only hard life lessons may change their perception of this industry, IMHO.
Some of those might be legit and some of those are fake and just pretending just to lure in for those winners or huge gamblers to be that in pity and would really be sending out some tips but actually it is one of the ways or methods on which those people would really be getting some money at least if they are lucky but most of the time on which gamblers wont really be that a fool on easily believing into those pretentious situations.
If ever it would really be that legit then its really that a sad situation but if not then i wont really be shocked anymore. You would really be definitely putting up yourself into such condition if you arent
really that too wary about the risks on which gambling do impose. You would really be ending up on getting wrecked if you arent that minding about its risks and this is why we should really be that careful.
1071  Economy / Gambling discussion / Re: Minimum Age to gamble on: July 15, 2023, 07:58:09 PM
I grew up in California and always thought the gambling age was 18. I’m a bit surprised to learn that in most of the country it is 21. I guess that makes sense with all the drinks flowing in Vegas. Still, a bit surprising to think that you can go to war and die for this country to fight for freedom, but can’t put a penny in a slot machine.
I thought so too. But when I watched American movies, they always ask if the one ordering the drinks is 21, so I guess that the same age for gambling there.

Here in our country, it's 18+ to be able to gamble but I don't think that is being applied as recently I went to the newly created cock fighting arena here in my place and I saw a lot of young people. The thing is, they don't ask for ID's here as long as they think you are old enough to gamble by just judging in their faces. For me though, I saw my neighbors there who are still in high school or maybe younger, they just have a bigger body build and some facial hair so they won't be suspected.

I think it's only the online gambling sites that are strict about these rules but then again there's always a way for young people to bypass that but using either their parents' ID or their friends who are at the right age.
I'm also not aware that the legal age is 21, I also thought that it was 18, because at 18 you have the rights to vote already and maybe even drink liquor or something. But gambling might be very different as they have to increased the age to 21 to go inside a casino and they have the right to deny entry if they suspect that the person might be of underage or something as most Asians looks very young at their age.

Hopefully online gambling sites are going to be strict about this rules because obviously, it's not physical and you don't know they are dealing with. Maybe it was just a kid behind the keyboard betting on their platform.
It totally depends on the gambling site and is determined according to the rules of different countries. Some countries allow 21 years of age for gambling, while others consider 18 years. Others think that after obtaining citizenship a gamblers is able to play for casino gambling. But it is completely determined based on both country and site. If online casinos are fully age conscious then huge losses can be prevented by many minors.
Laws and regulation would really be always be having on the same restriction which it would be mostly on 18+ or 21+ when it comes to legal age for someone who do able or really that been allowed to gamble which it is
really that a known age for someone to be able to do so but due to accessibility that we do have today then its not shocking that there are minors who do able to play without being caught.Come to mind that there are
even users who do able to play on fiat based online casinos using up their parents credit cards and there are really instances or situations that it did really happen. Its understandable that these things couldn't really be that possible when we do speak about physical casinos on which it would really be that understandable that they cant really be able to enter the premises because it would really be that understandable that they
cant really be allowed to enter and this is why they would really be ending up on online casinos or gambling sites. This one is something that cant really be stopped though specially on crypto gambling
sites on which you could just make simply use of your crypto then you're good to go.
1072  Economy / Economics / Re: Look for what to invest, not what to eat on: July 14, 2023, 11:45:54 PM
Based on the answers of a few, it will be clear to everyone that it is really important to think about what we will eat every day before looking for something to invest. The state of our lives is different, there are people whose income is just enough for food and daily expenses, but if there is a source of capital or income that is good enough to invest in projects that we know have potential, why not.
Correct. And everyone's financial condition is indeed different from one another. There are people who have the same number of needs as the total salary they produce (only enough to meet basic needs) so naturally it is difficult for them to save. and there are also people who have a small number of needs while their salary income is quite large and there is a lot left over, so they can still invest and save. Everyone's financial arrangements must be different too. But indeed not everyone is lucky. So that many even the number of needs is greater than the salary generated. so that sometimes he has to endure hunger occasionally (poor).

It's really lucky if you have a good job and a lot of income, you can actually save more. It's really hard to grow up in hardship because we really have to work very hard just to achieve the desired dream but usually no matter how hard you try as long as the salary is not enough then there is really nothing. If I was a young and had a good course completed, I might have just moved abroad. Here, what the workers earn is just enough, especially if you have a family like me, so I'm really double work even online, ill know that if I'll get lucky here , i want to have a business investment . So im still don't lose hope.
Although sometimes life is not easy. but we must keep motivation and passion in our lives to keep on fighting harder to achieve what we dream of. A few months ago or more precisely last year after the Pandemic was over, I personally also struggled from the bottom again. But today my efforts are starting to pay off and I have enough salary increase to help my financial growth grow back more stable. I hope that soon you will also have more and more stable income which can help your financial ability to grow back better. Anyone is currently struggling against high inflation in several countries. but I personally am lucky because I am in a country that is currently experiencing fairly good economic growth. So life is not so difficult here. One thing we should always be grateful for is that we are still given life as well as health and strength to still be able to work and earn money to support ourselves and our families.
We dont have choice but to move on and fight for our lives when it comes to daily survival which we know that having money or income is the most crucial thing that we should strive on because if not then for sure you
would really be living miserably. We cant really able to judge some people on what they've been doing since we know that not all would really be having the opportunity or having the capability on making investment because the money that they do earn is really just that sufficient for their daily living or survival on which it isnt really just that enough for them to make investment even if they wanted to do so.
There are really things in life which arent meant to be done because of lacking of opportunity or chances for us to deal up with specially on having no money or funds to invest on.

This is why its better not to make out judgement about into those people who had missed out opportunity on investing because we dont really know on whats the story behind those things.
Invest if you can able to to do so but dont forget to give prioritization on things which are needing to be deal up first. Sacrifices could be done but dont come into a point
that you are really that putting everything on the line.
1073  Economy / Gambling discussion / Re: Signs that indicate you are not addicted to gambling on: July 14, 2023, 10:42:26 PM
•Stable Tolerance

This would be everything on which you do have that kind of tolerance on different situations whether you are on the consecutive losses situation or you are on the moment that you have almost lost your money
on which this is where emotions would usually kicked in on which it would really be that resulting on having that kind of approach which you would really be that impulsive on these kind or type of moments if you
dont have that kind of self control or tolerance on such condition.Its true that not all person would really be that the same when it comes to self control but this one is really that indeed crucial and much needed.

Just treat up gambling for entertainment and not a source of income and youre good. Usually people do push up themselves on doing gambling because of having that making money kind of thinking
on which they are really that believing that they could make themselves rich on the time that they would gamble, until the reality would slap up into their faces and telling
that it cant really be possible but its been already late since the damage has been done already.
1074  Economy / Trading Discussion / Re: The price dropping, any reason the huge dump? on: July 14, 2023, 10:19:19 PM
This is why we do love Bitcoin. There's a huge dump within a few hours and then it recovers so fast. Thanks to the many institutional buyers that have been quick in buying those sold Bitcoins by the panic sellers.
Yes, that's right, that's why we love and trust Bitcoin. As we are experiencing right now. Just yesterday Bitcoin reached $ 31.5k and finally dropped back to $ 30k. And now it's still around that price. We are very aware that the price of Bitcoin will always be like this, being volatile with ups and downs which sometimes are still quite under control (if there is no FUD that is so bad it attacks suddenly). this is what makes Bitcoin always trusted both for trading and long term investing. Because, Bitcoin will always have an increase someday and it is very worthy even if we hold it for some time. All that remains is how patient and we don't panic about everything that happens in the market.
Good for those who do able to sell up even with that $1000 increase and now were back on 30200-30400 which it is really that something that pissed me of, since ive been anticipating that it would be able to break that 31.8 - 32k barrier or resistance on which we could possibly be able to see those 35-40k numbers but it seems that there still that huge selling pressure on those points and now were back on where we had moved on. Well, its not really that shocking though on which it is really that very common that when it comes to movement then everything would really be truly that unpredictable, there's no way that we could be able to determine on what would be it next move even the indicators and signals is already that showing the hint.

I havent searched up though about regarding news or fundamentals on which if ever there's one then it did make out that significant effect, but if there's none then as usual the market move on its own without having
those events in behind which its not something that new anymore. This is why on the time that you do able to enter on the low price and then have those gains later on, then its always been wise to take profits always
and make yourself happy at least.
1075  Economy / Gambling discussion / Re: Appropriate percentage of income for gambling on: July 14, 2023, 09:51:17 PM
I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?
Numbers would be totally different on each person on which there are some who do set out limits but majority of them wouldnt really be having or totally random when it comes to their spending.
People would usually be making out some limits on the time that they would really be having some bad experiences and unfortunate events that happened in the past towards gambling but
if they havent still able to experience such stuff then for sure they would really be still continue to play no matter what or as long they do have the money on their pocket.

Generalizing? This is most likely people do end up on which it is really that recommended that you should really be having that control and allocation on your gambling spending which it wont really be putting you up
on a hard situation like shortage on financial because you do have spent it already on gambling.We do have lots of priorities in life when it comes to needs and other means. Unless if you are that
extremely rich then it wont be that an issue but bare in mind that there's no such thing about unlimited funds or money on this world. Gambling could easily fuck you up no doubt.
1076  Economy / Speculation / Re: When will you sell...next bull run? on: July 13, 2023, 11:47:58 PM
Sell if you’re happy with your profit and if you already hit your target, you should know when to take profit and as a trader, I play short with some of my altcoins though with Bitcoin, its better for me to play long. The next bull trend is about to happen, Its better to be ready now, try to hold more and you can be good, be bullish because Bitcoin will soon pump and that’s the next trend for us.
It depends on what you're after. Personally, I'd even be happy if Bitcoin recovered to $50,000 because that would practically double my money instantly; my DCA is about $27,000, and anything above that is pure profit, especially when everything has been earned and not bought. That doesn't mean that I'm going to sell, even though I'd be financially satisfied. Bitcoin has tremendous capabilities, and I'm not in a huge hurry to sell it. Regarding the next ATH, a realistic expectation would be around $80,000 within the next one or two upcoming years; I'm mostly siding with two; one year sounds way too optimistic and close by.
For those who had been able to buyback on $15k then they are already x2 profits with their investment since the price now is already $31k+ and we do have recently this current upward movement in price in Bitcoin.
Selling out on a particular price point is really that something that you would really be minding on on which you would really be selling according into your liking if the price is already that right for you to sell which it would really be totally random on each person because we do have different take profit point. When bull run happens then lots had been anticipating that it could reach out even higher into its previous ATH which it is really a common impression by this community on every cycle on which its a normal approach. Sell on profits because we do have that main rule on investing and terms that no matter how small the gain
is as long its profit then its still a profit and be thankful and grateful with that rather than on getting sad.  Kiss
1077  Economy / Gambling discussion / Re: Healthy mindset to save earnings from gambling on: July 13, 2023, 10:48:09 PM
Would you like me to tell you why they don't?

A huge number of people on our planet live from paycheck to paycheck, so they do not have money not only to buy blue chips, but also do not have money for their own homes or personal cars. Such people are forced into the trap of today's banking system and become a kind of slave.
Yep, @OP is only looking in his self where he make more money than his monthly spending regardless the country where he live. If he know there are many people are struggling in their life and the problem of why they can be like that, I doubt @OP will able to solve the problem, he might be trapped in the same way like them.

Social gap is still a big matter in every country, the poor have no choice than working for the rich and get paid with minimum or low salary.
Everyone needs some spare time on their daily routine to breathe, think and trace their plans, strategies and goals for their future. The problem is that there is a considerable portion of society that doesn't have time and peace of mind to do that, because they are too busy working, taking care their families and concerned about what they are going to eat next. Therefore, they don't have any plans to save money and invest it for passive income profits.

On the other hand, I'm not sure if we could include gamblers on this category, since they seem to have a lot of spare time and money to maintain their hobby active frequently. So, I don't think they have any excuses to develop the wrong mindset when planning and tracing strategies on what to do with the earned money. Lottery and jackpot winners should be examples of success for every gamblers, rather what we see for real are people wasting won prizes until going totally bankrupt.

I believe in part it's due to an uncontrollable excitment these people feel for having an amount of money on their hands they have never dreamed they could achieve before. So they somehow lose contact with reality and waste everything irrationally.
Human beings are different on which the way they think and the way they do approach on things then it would really vary. There are ones who would really be having that kind of control but there are ones who are really that impulsive on the sense that they do make out decisions which arent they thinking on how things should be done and sensibly on which they wont really be coming into a point that they would really be spending
carelessly compared into those people who dont really care about their finances. Some might that be able to think up carefully but there are people who do just spend up like a mad man. Lots of people who had been
able to hit up the lottery but ending up on getting broke or become poor again because of mismanagement of their winnings which is really that sad.

Lets see some list:
https://www.gobankingrates.com/net-worth/bankruptcy/lottery-winners-who-lost-millions/
1078  Economy / Economics / Re: Ignore this Classic Business Law or Follow Your Instincts? on: July 13, 2023, 09:39:54 PM
I attended a business seminar where a facilitator a renowned professor, and Entrepreneur shared a story on how he missed out on investing in a small fintech start two years ago which as at today is worth $500 million. He said the team had approached him to make an a investment in the start but because he did not understand how the were going to make money since he didn't invest the $100k he wanted to write them. Today, he would have been $7.5million richer had he invested.
 
They say do not invest in what you do not understand which was largely the principle the speaker adhered to but what if despite not immediately understanding the business model and its profit making model yet your business instinct pushing you to invest. What should you do? Listen to the former or follow your instincts?
Really hard to make up choices if ever there's a situation which those inside voices or instinct would really kicked in. You would really be having that boggled mind on the time that this situation comes.
We are talking not a small amount of money to be invested and this is the main reason on what we do mind that its not something that we could just easily grant or invest into something without doing that actual research.
Of course we would really be trying out to follow on whats on the books about those preparations and other factor checking and if those things are on checklist then you might considered but if not?
But still you do miss out that big opportunity for you to make yourself rich or make profits on how many folds then it would really be living out that kind of regret which is something

that you cant really forget for the rest of your life. You might forgotten it but it would be temporary and you would really be keeping on coming back on telling that you should have invested on that time
but well past is past and there's no way that we could return the time.
1079  Economy / Gambling discussion / Re: ESports betting -CS:GO, DOTA 2, LOL, Valorant - Sportsbet.io discussion thread on: July 12, 2023, 11:43:26 PM
Quite the break until regional qualifiers eh ? No major in sight , no small tournaments...nothing. Just a mega silence who will slowly transfer to pressure with TI date getting closer and closer but I guess for now , most of the teams are taking a well deserve break to cool their minds.
There's still the Riyadh Masters scheduled 7 days from now and after that, there's the 3-week break before the TI regional qualifiers.

When it comes to Major then lots had been that criticizing on how cheap Bali Major is.
Now this upcoming Riyadh masters which does have that prize pool of $15,000,000 USD
on which it is really one of the biggest pool except on TI's.

It is really that shocking on how GG do able to dominate the recent majors on having that 3x major champion.
Dont know if they would really be able to snatch up the Aegis on this upcoming TI or they would really be choking like on what we do see on LGD.
Im bit that familiar or having that similarities wayback in Virtus Pro and secret dominating the majors but choke in TI.  Grin
1080  Economy / Trading Discussion / Re: When You trade Do You use VPN? on: July 12, 2023, 10:58:11 PM
There is no need to use VPN for trading. VPN is usually used by people when there is an IP van in a certain country then change that IP through VPN to access that site but as far as I know all the popular crypto exchanges are open in all countries so VPN for trading  I see no need to use it. You first download any exchange on your device, after downloading the exchange on your device, you create an account on that exchange and after making an account, you can easily conduct trading activities there, you don't need to use VPN.
If you are restricted then you would really be thinking on making use if VPN but we know that most platforms nowadays do ask out KYC when it comes to other features which is important like P2P, the the main question is, how you would really be able to prove out your identity if you would really be needing those ID's been asked out? For sure you would be finding yourself that sure hassle on finding some fake ID( which it isnt recommended) because on the time that you would experience issues and this one involves huge sum of money getting stuck then you would really be finding yourself into big trouble which we know that
once you do violate up their TOS then you would really be facing up consequences which its just a normal thing.

So why would make use if you could be having other options? Dont put yourself at such risks because there's always those terms and regulations been imposed by any
platforms out there. If you do find that you are restricted then simply find another and move on and never forced to go in.
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