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1121  Economy / Trading Discussion / Re: What is your honest review of the Demo account? on: June 26, 2023, 09:59:31 PM
I do see demo account as a playing account because you don't lose anything, you trading like a pro without having any feelings even though you lose thousands of dollars. This is not a real account and we should not put our dependency on it because it can affect the way we trade and send us off guard.

We need to be mindful the way we use it to learn how to trade because the simple reason for demo account is to have a feel of how trading looks like and make necessary adjustment when due so you can be able to trade on live when you are ready.

We don't need to spend a lot of time on demo trading because it as big effects than what we are enjoying. There is no feelings when we trade with it and we might not even know how it pains when we lose small amount of funds in the market compare to losing big amount of money.
I think "feelings" do not matter in that regard because when you are using a demo the idea is not to see if you are a good trader, its about learning if you are a bad one. If you keep losing money there that means you should go back and study why you are losing money and that's important.

We could be a bit more wild and turn out to be right once or twice when demo trading, because we are not going to lose our money there so we can be a bit more free, but that's not a forever thing, if you are bad then you will end up losing money eventually and the average will be down. This is why I believe that its quite important to keep trying yourself on the demo first and if you are terrible then find out what went wrong and fix that.
This is what is lacking when you do deal up with demo account on which you cant really be able to master out or overcome your emotions or simply on its handling when you do demo.Why? you do know that you cant
lose money on demo account on which this wont really be utilized or something that would really be developed since we know when we do demo then we cant lose money.This is why when making up positions or application of strategies then you would really be that some sort of fearless. This is why it would really be that ideal that on the time that you had mastered out on demo trading then better switch it up to live
and make yourself that more better because this is where you would be able to find out on how important emotion handling would be specially on a market which is really that very unpredictable.
There's no way that we could be able to predict the future but somewhat because of the analysis and tools that we could make use of then we could at least made ourselves hang on the rope.
1122  Economy / Gambling discussion / Re: The fight between Mark Zuckerberg and Elon Musk. Who you betting on? on: June 26, 2023, 07:44:23 PM
My question is if this is just one of many marketing gimmick to make money or create awareness for a project they might be working on.

Who would win of course?

Can such a fight influence the crypto and stock market world majorly?

I also know bettings would be made for this, incase it goes down as reported. Who are you betting on?


Yea, instead of suing they should just fight it out like real men do in the ancient times. Remember the duels in ancient Rome? We already know who would win and that person isn't Elon Musk. He is way too unfit and too old to be in a caged fight with Mark Zuckerberg. Assuming this fight was real and was going to happen for real, I would say that whoever wins eventually should have their social media company or platforms declared the best by the judges. Well, this is on the side to  -  I think everyone should learn how to fight.

Having the social media on the line is quite too much, IMO. Especially in this fight where participants doesn't have the same resume and just like what you've said, Elon Musk got the slimmest chance to win compared to Mark Zuckerberg as other than the fact that he is the younger one, he also got some serious trainings on his resume. He might not have the villain face we expect but he got some skills over Elon Musk.

IMHO, it's much more realistic if they will have their own bets worth billions of dollars. Anyway, it's not yet guaranteed that this bout will happen.
More likely to happen. Basing up on this article
https://www.marca.com/en/ufc/2023/06/24/6496d65922601d252d8b4605.html

"I was talking with Elon and Mark and both guys are absolutely dead serious about this," White told TMZ.
"They both said 'Yeah, we'll do it'. They both want to do it."


Dana do even said about this would really be making money or revenue 3x more on that Mayweather vs McGregor fight.  Cool
1123  Economy / Trading Discussion / Re: Earning online more preferable than offline? on: June 24, 2023, 09:20:55 PM

Basically all of them are equally profitable as long as they can develop their business,
everyone also has their own perspective regarding online and offline business and that is normal,
many people consider online business much more profitable because it can be done at home without the need to have an office or anything like that.
all jobs have risks, those who work online may not be forced to go to the office or do anything formal. but some of the workers in the online business also have their own pressure.
like people trading crypto in their homes via pc or smartphone, they are not without stress. I don't think which one is better, but both online and offline have the same goal of making a profit. as long as business people do it well, and consistently. both of them can still make us money.
There's always a pressure since there's no job that there would be no pressure and as long you do have a boss or an employer then there's still that something that we called "deadline" on which as a worker or employee
which you would really be needing to comply it out or else you wouldnt really be getting a pay. ONline works is also contractual which means that you cant really be able to make out assurance that it would really be your work forever, you can be simply be replaced if they wanted to unless if there are some hiring which it would really be a regular position then you are lucky but if not? Then it is one of the risks on getting full time with online jobs or works on which you cant really assure if it would really be running for long years to come or something that you could depend or rely on. If you do able to to do then its good which its true that earning opportunity or chances is really that better compared on what you do earn offline, when it comes to other things like comfort then there's nothing that could beat out on the comfort on working on your own home.
Socialization might really be that affected but we know that there are lots of people who do much prefer on having this kind of set-up on which you wouldn't really be needing to go to the office day by day and
facing up traffic and other those common offline job challenges on someone could face on.
1124  Economy / Gambling discussion / Re: Can Casinos Go Bankrupt Because of Player Wins? on: June 24, 2023, 08:53:08 PM
Is it possible for a casino to go bankrupt because a player gets a very big win?

I think maybe that's hard to happen if we look at casinos that are already big and well known. But suppose there is a new casino, and there are some players who are very good at playing, so they can win continuously, can the casino go bankrupt? or do they already have an algorithm or a way so players can't keep winning?
I don't think this can ever happen. Wagers from gamblers are not the only ways that casinos make money. There are other ways casinos make money that is in their business model. Some land based casinos have bars, lodging facilities, and other things attached. Therefore, no matter how much a wining a gambler makes, they'll make payment comfortably. This is however not for very small casinos without investors. Small casinos may not be able to handle large winnings. It may not bankrupt them but it would have grave consequence on the business.
Speaking about land based casinos then this is actually true on which there are other ways or sources on which they could make out some revenue but not really that much or as fast comparing if its really into those games  been offered. When there's someone who do able to make some huge winning then its really that a huge loss for them because we know that it would really be taking a huge slice on their profit or revenue
but casino owners are really that confident that they could be able to break even or getting it back over time considering that casino do always  win in the end. They do have the advantage most of the time
on which if ever they have been able to recently won by some players but gradually it would really be able to take it back and this is something a very common cycle that could really be having
on a gambling business, same goes into those online ones too.
1125  Economy / Gambling discussion / Re: Who is to be blamed, the gambler or the betting agent on: June 23, 2023, 11:38:15 PM


Maybe they do grant out such giving some credit for someone to play more on just on having the belief that a certain gambler might really be that getting addicted even more and might be using up his entire life
savings on playing gambling and this is why they do grant up some amount of credit on which a certain individual could make use of and this is why it do keep on piling up.Good thing is that they do able to stop
it on certain few folds and not granting thousands of dollars for a certain gambler. We dont know on what are their criterias before you could get such credit but most of the time or simply talking about the standard
operation then it would really be that not so common on granting out these kind of opportunities or features on which you could gamble out on having that credit.
We know that they are running a business on here and it is really just that cant be possible that they would be granting out such request considering that not anyone are capable on repaying them back on time.
Yes, that should be a consideration before they give credit for gambling, considerations such as how much money gamblers make from their work in a day, week or month, so they can know what number if they give credit, a gambler can pay it back.
But the bad thing is in this circle, especially for the gambler, let's say he can afford to pay all his bills that he spends in gambling, but will he be able to meet his daily needs because he will spend most of his income to pay off debts,
So there would be some negotiations in speaking about adjustments on how those credits should be repaid, he wouldnt be able to pay it all in one go considering that a certain gambler would be having their own expenses
on which it would really be just normal that there would be adjustments but of  course it would only take a few days considering that he is earning 1k on daily basis on local currency. If he had some debt of 8k then it wont really be taking too much time. I was surprised that there are really companies whom do consider on giving out such credit or letting their players play with borrowed money or something like that.
If this one would be coming through a betting agent then for sure it would really be taking up some blame if those obligations had been failed to repay on time.
There's should be no considerations on letting gamblers borrowed funds because this is a business but if this one turns out to be some sort of complimentary? It is really just that much of a favor.
1126  Economy / Economics / Re: Logic of life on: June 23, 2023, 10:48:24 PM
The logic of life is that you can't earn more than you know,
Any amount you are earning today is 80% as a limit of what you know.

The richest man on earth is earning whatever amount he is earning due to the advantage of  what he knows or  can do.

So, before you can move from earning $100 dollar monthly to $1000 per month,
   One of the major thing you must scale up is your knowledge.

So ask yourself, what should I know that can make me ×2 my monthly income?

Seek knowledge always.

I beg disagree somewhat.
It is true that knowledge plays a role in the rate of one’s income level but it doesn’t play a significant role. Income level is majorly influenced by market demand for certain skills or services. With all the knowledge in the world, if there is limited demand of whatever ideas or product you have, it will not yield a high income. Income is associated with the value you take to the market and the demand for your product or services.

There are so many individuals with little or no knowledge about what they’re up to but have risen into high income level and even become bosses of their own.

Nevertheless, there’s power in knowledge.
But only a few could able to utilize or simply on making it happen, why? because not all are willing to take a risk and not really that willing to take action and this is why they get left behind. There are really indeed people who doesnt have that high educational attainment and achievements on whatsoever but still able to surpass those who does have on which means that there's no such thing about guarantees in life.
Whether you do have that high skilled or good educational background but still there's chance that you wouldnt be able to utilize it due to some factors. It is all according on how you would be finding yourself to
be that efficient and finding yourself to be that effective but some factors would really be hindering you on achieving your goals like available opportunities or openings on which there's no way
that we could really be able to avoid it.
1127  Economy / Gambling discussion / Re: Are you guilty of promising not to gamble for specific days but back next day on: June 23, 2023, 09:54:21 PM
I did it many times back when my addiction is very high, I promise not to gamble after I lose a big amount I even swear that I will not, but the following day I'm back even promising to be better and not lose a big amount again.

How many of us are guilty of this?
Welp! Me too. I've once become an addict and this is a very common scenario to me. It turns to the point that I myself don't even believe in my own words. Being addicted to something really makes us lose our self control. I remember that I lost multiple times because of just promising myself to stop playing but I still keep playing until I lose so much money. I believe that having weak self control will head you towards being an addict. I'm just amazed on how much I evolved from being no self control to having a pure control of my gambling status right now.
Someone who has been involved in gambling for a long time must have felt this condition when addiction overtook us and always lied to himself to stop betting but always went to gambling to vent his addiction.
All of us who have experienced this problem will surely regret it when we remember that we have been in a really bad situation but we don't take it too seriously.
In fact, we are willing to lie to ourselves and our families, promising not to gamble anymore, but secretly still betting.
But with this bad experience it becomes a lesson that the main key to avoiding addiction is to control yourself not to keep coming to gambling.
On the condition that you've been playing gambling for a very long time then to those people who are still that good when it comes to finances despite of the engagement then it does signifies that you are really that good when it comes to handling yourself on getting addicted. Im not sure if they arent addicted or they are really just that good when it comes on handling finances.We know that there are really that people who are really that been aware about on their actions and not really that wrecking out themselves with gambling. On the time that you've not able to play and since your body and mind is really that get used to it then
it cant really be avoided for you to play again once you do have the opportunity, or you would be seeing the chance on doing so. Its not bad to gamble as long you are that able to control your finances or yourself
on everything because things turns out to be bad if you do come into a point on which you are really that spending that much.
1128  Economy / Trading Discussion / Re: Gambling is different from trading on: June 23, 2023, 08:54:23 PM
just leave a simple comment here Gambling is different from trading tho at some point trading had no different from gambling especialy if you trade with a lower timeframe that indicator or pattern doesn't work and bunch of wick candles and just enter market with a blank mind  Grin

That is when trading becomes a pure gambling
Simple and very straight to the point, I completely agree with you mate, this is exactly what I've once discussed here, can't look up the thread right now but I guess it's there on my list of topics since it's a thread I started myself.

Gambling remains gambling, and trading can indirectly be regarded as gambling if the trader is carrying out some really blind trades, I've done this before and still do it a couple of times a week, so I have first hand experience in what this is all about, one can still by luck win some trades even without knowledge of what he or she is doing, and most times can still lose, in all, such trade can be regarded as gambling in other words.
Blind trades is considered to be gambling but its not that right on pertaining it to be literally gambling because it is really just that too different.It would only comes on how its been done and this is why it would be wise
that people should really be taken it seriously if they do really want to make out some profits out of trading. Gambling is for fun and entertainment. People who are in their right minds would really be able to distinguish
between both things on which one is really that one is for long term and one is for leisure. Doesnt really need to complicate up the way of thinking on how to differentiate both, because
using up your own common sense would already be enough on which one is  really worth for your time and which one is really just that good when you do love to enjoy.
1129  Economy / Gambling discussion / Re: How Confident Are You In The Reliability of the KYC system on: June 23, 2023, 07:47:19 PM
Take note, Casinos will ask or demand a KYC if there's a big winning involved, is this one of their ways to scam their players?

It's somehow debatable because there are other platforms that I personally know of that are not really strict about their KYC procedure as long as you can provide the needed documents to prove that it's you personally who have won the money and of course, if you're eligible to get the massive wins and that you're already old enough to be playing for starters.

Although I also heard some isolated cases that casinos are using KYCs to get away with their responsibilities and has been using that ever since to decline the users of their winnings. I'd say, we've signed up for it and it was our own choice that we chose them and personally, it's already a gamble choosing reliable and reputable casinos because we all know that they are all not the same
If we do speak solely about having that KYC because they arent tending to pay up a on certain win then it would really be just too shallow reason for a certain winner to give up because most or 99% of them would
definitely be complying out on whats being asked since we are talking some money on here which is something that cant really be neglected or simply you would really be giving on whats been asked because it does
really put up the risks on wavering those winnings if you wont which it is really just that a waste.If ever a certain user has done on having that KYc but still ending up on having those  locked winnings then better
to assume out that you've been able to deal up with a scam casino. This is the primary behavior into those places on which they arent tending to pay up those winners
since from the beginning and this is why  you should really be that wise when it comes to selection of platforms on where you would really be playing.
1130  Bitcoin / Bitcoin Discussion / Re: Without money, the knowledge is a waste on: June 22, 2023, 11:54:30 PM
I don't agree with the tittle,most of the case is that if you don't have knowledge you're money would be wasted,because you are always get failed result from different types of strategy to earn money because you don't have knowledge,but if you have knowledge even if you only have small amount of money you can use the knowledge to earn money.

I highly agree, only people who wanted a shortcut will believe this kind of statement.  But those who are smart and hard-working will refute the title because it is the knowledge that enables a person to create his source of funds.  Money without knowledge will end up exhausting the fund since the person might get into a venture that he has no idea about and ends up getting bankrupt wasting the money put into that business.  Or the person will use the money for his leisure without thinking that it can be exhausted.
Going any shortcut wont really do something good not only limited on investment but also in other things as well on which there's no such thing about shortcut. There might be but you would be still
ending up on miserable or a mess because you havent been able to go with the right path on how it should be dealt up. We know that there are things in life on which even if we do really like
to invest or get involved but since we dont have money to be spend then this is where we do really miss it out. Without money? With knowledge ? Yes we could point out opportunities
but there's nothing we can do on the time that we dont have money to invest on.  It is really that a waste if you cant be able to dive in just because you dont have money.
Lots of times on which i have put up into this situation and there's no way that i could accumulate up money for me to invest and on the time that the market greens then regrets is
what i do feel on.
1131  Economy / Gambling discussion / Re: Easy or hard to quit? on: June 22, 2023, 10:26:11 PM
Long story short, if a gambler still maintains control over their gambling habits there is a big chance that they can distancing from it, but if they lose control over themselves it becomes significantly harder to do so imo.
The matter is always the control, control of emotions, and how it goes with regard to gambling activity. If we can't control it anymore, we can't also control ourselves on how we're going to quit. But if you've got an inch of control over everything, quitting is easy. You know your priorities and you're all set to gamble a few times then go back without any emotional attachment to it. There are gamblers that are like that, they're coming for fun and setting boundaries, and if they wanna quit because they've got too many things to do then they'll do it.
Addiction can arise from naive thoughts hoping to win the jackpot, chasing defeat, hoping to win to make something happen and hoping gambling can win and make it happen and many more who hope gambling is the solution. And thinking like that makes gamblers unable to control themselves and play with ambition and emotion which will actually make them keep losing and repeating it again because of high expectations.
and if we do it seriously and with consistent intention we can create new activities to do with our busy lives so that we forget about addiction more and what helps more is having a job and with this we can slowly reduce addiction due to time constraints, apart from work and other busy times for personal, family, friends and social interests. And with this you can make gambling a pleasure because you can do it in your free time and also limit yourself to gambling. But you also have to be disciplined and consistent with your original goals and you have to be able to manage your own finances and limit them when you have little time to gamble.
All starts from curiosity and on the time that you do find that you are really that looking way for you to win then you would really be creating that kind of impression on which you would really be playing more than on what you have played before not only in terms of time but also in the money that you've been spending. The time that you would really be making yourself that playing on constant manner without realizing that you are already getting addicted to it then this is where problem do starts and this is why it would really be that important that you should really be wary on what are the things that happening and you are responsible with your actions because once addiction do hits you up then it would really be that hard to quit. No one could easily gets out on the time that you do shackled up yourself with addiction this is why we should really
be that careful on what we are doing.
1132  Economy / Economics / Re: Bitcoin high transaction fees is a disadvantage to small business owners on: June 22, 2023, 08:58:15 PM
Bitcoin transaction fees, of course, are a demotivating factor. If you need to send $10 and you have to pay $20 per transaction, you will naturally use something other than bitcoin. I ran into this problem myself recently - and I had to wait for transaction fees to come down.

That is why the business owners that accept it have a really hard time receiving payments as well as sending them unless they just accumulate them over time, but still, there are businesses that accept it just for the awareness and curiosity of the people, and it is indeed successful for some businesses, but those are the businesses that are selling items that are expensive like watches, jewelry, and cars.
They could still make use of those common payment processors if they do really wanted on accepting crypto into their business but if they do really like on getting those coins into their own personal wallets then it
wont really be that bad but its true that when it comes to fees then this is where hindrance and hesitation would happen because people cant just afford on paying up that big on something cheap that they do bought.
Dont know if Lightning Network is already available now or had been implied to be safely be used when it comes to payments with Bitcoin because this is the only way i could see on which Bitcoin
could be used specially into these kind of transactions in between merchants and consumers.
1133  Economy / Gambling discussion / Re: Who is to be blamed, the gambler or the betting agent on: June 22, 2023, 07:48:48 PM
I would say both are at fault because the worker should have known the risks before taking credit as he was going over budget which shows he's addicted towards gambling and the agent is also at fault who let him play with credit even after knowing his deposit value.The worker has borrowed money but agent should not give it in these cases where pure luck is involved so recovery becomes difficult Unless they have some installment plans to pay it off.Also advice worker to be in his limits otherwise he would loose everything in gambling.
I assume the worker feels great pleasure from gambling and forgets that he has suffered many losses. When someone has been playing gambling for too long and still sees a balance in his account, he will think he still has money so he can use it to gamble. It is a mistake to continue playing, especially if the money is loan money from an agent or someone else. But the agent should have looked at the history or track record of the worker to find out how his financial position has been. If the worker never gambles to the point of using big money, the agent should not allow him to gamble beyond his limits.
The agent didn't think about anything else because what he thought was the profit for his customer, however he was wrong because having or not having money shouldn't give loans, especially for gambling, and to be honest I've just heard of agents giving loans to gambling customers, because agents should know better what are the risks.
who gambles, I think it's no longer necessary to talk about that what he did was wrong, although maybe he got great pleasure from the game.
Now for me, both have to bear the risk, the gambler has to bear the risk of the lost money that he played with before he made the loan, and the agent also has to bear the risk if the gambler does not return the money he borrowed.
Maybe they do grant out such giving some credit for someone to play more on just on having the belief that a certain gambler might really be that getting addicted even more and might be using up his entire life
savings on playing gambling and this is why they do grant up some amount of credit on which a certain individual could make use of and this is why it do keep on piling up.Good thing is that they do able to stop
it on certain few folds and not granting thousands of dollars for a certain gambler. We dont know on what are their criterias before you could get such credit but most of the time or simply talking about the standard
operation then it would really be that not so common on granting out these kind of opportunities or features on which you could gamble out on having that credit.
We know that they are running a business on here and it is really just that cant be possible that they would be granting out such request considering that not anyone are capable on repaying them back on time.
1134  Economy / Trading Discussion / Re: Luck is what you need in gambling but you have to get to work with trading on: June 22, 2023, 06:55:53 PM
Gambling is of two types, Sports gambling and Casino gambling. Now in sports gambling some knowledge and calculations required along with luck and in casino gambling, everything depends on luck. So yes luck plays an important role in gambling. But in case of trading, you have to adapt to the market and trade according to the market requirements. So yes in trading your capabilities and understanding of the market helps you to make desired amount of profit. In this manner you can distinguish between the two.
If we are talking about the literal gambling then yeah there were only two types of it and you already said it but other activities and aspects in life do also have gambling involved. In trading for example, there is also gambling because sometimes the market is unpredictable.

Casino games requires knowledge too because how can you play the game and win, if you don't have it? And then there are a few casino games which requires more knowledge and skills. Not only trading but the two types of gambling we talk about earlier, do also require a hard work. There are also automation features which are also available in trading. It can be inside the system or by using a bot. It's up to us, if what we will prefer.
On the time that you would really be engaging on both things then you would directly find out on what are the differences in speaking on how gambling is been involved even though its not literally means about it but
in the sense that there are factors which couldnt really be predicted then there's the essence of gambling which it could really be seen on trading too and this is why there's really a significant similarities on this part but its true that application would really be totally that different on how its been done due to some factors which could really affect out winning chance or profitability chance in between trading and gambling.
Luck does play a huge role when we do speak about gambling because we know that if we arent lucky then for sure we would lose and even on trading because due to unpredictability and total randomness of this
market then you cant really be able to tell on where prices would be going which means that you do need to gamble to make out some analysis on where it could potentially go but of course you are
already applying out on having some analysis which it would really be lessening up the risks compared on making up a position without having any analysis at all.
1135  Economy / Gambling discussion / Re: Gender in Gambling [differences between Women and Men in Gambling] on: June 21, 2023, 11:54:47 PM
Everyone is free to give his own interpretation on women interaction with gambling but what we will all arrived at is that we cannot compare the rate of women participation to that of men in gambling, maybe we can give some reasons like how women were believed to be weaker vessels unlike men in most cases, their dedication and commitments to the house and the family especially in taking care of the children at home, lastly maybe our women may not have that boldness of taking risk associated to gambling because some depends on their earnings to take care of the family.
Women gamble less than men because women love money more than men and don't like to waste money. But nowadays women have also progressed a lot and women are working extensively as an alternative to men, so women are gradually getting involved in gambling as well too. But while women have gambled less than men so far, it doesn't seem like such a difference will exist in the future days
Things have changed so much, now women like taking risks with money, I am not sure about gambling but I am pretty sure about investment, the world is getting tougher every year and women have no choice but to start going the extra path of getting money like their men, I have two female friends, one is a hardcore crypto investor, believe me when I said "hardcore", she can be considered a crypto investment expert who takes risks that some men aren't even ready to take, my other female friend still feel hesitant with crypto investment but she likes other investments like land better.
Women don't like loss.  So their attraction to gambling may be less but it is true that women are now willing to risk themselves for investment. Gambling and investment are completely different things.  However, women are now also addicted to gambling, but at a much lower rate than men. Gambling can be a great tool to destroy people. But now it is chosen as a common thing by all men and women
There might be some women who are engage into gambling but not really that much in compared into males or men which we do know that we do like on having that challenging and adventurous things even though it do talks about spending money but its not something that people would really be going back as long they would really be enjoying on what they are doing. It is true that women doesnt really like on spending money
on things that they dont really see that they would make money but instead they do like on making money which girls do usually like.

Women are really that not risk takers and they are really that having the interest on spending on something like beauty products and other that it is correlated to it.
Even on other things which risk taking is needed on which women doesnt really like on dealing with it.
1136  Economy / Speculation / Re: Is buying BTC now, the best option ??? on: June 21, 2023, 10:52:40 PM
Bitcoin price is surging today and many people are so excited about the pump, if you have long traded Bitcoin a day ago using futures trading, you are already in very good gains right now, but my advice is there is always a room for correction, Bitcoin will one time correct itself when it pumps so high, do not forget that we are in a bear market still, so we can still drop again.

Those who are expecting Bitcoin to go lower are seeing what is happening right now, you are seeing this opportunity right in front of you, but your greedy desires won't let you DCA, do not worry, more opportunities will show up in this very 2023, but once this year is gone, you will know that you've missed the bull train, all you will have to show is regrets.
For those people who had bought around 26400-26800 are now definitely making up some profits considering it did make out some pump recently which that was the best time to buy and i was able to accumulate into that point considering that there are some extreme fear and hesitation towards the market due to too much negative news which i did presume that there might be some sudden u-turn of events despite of those extreme regulation FUDS on which its never been something new. Buying now? If you are going for long term then it wont really be an issue but if you are making some futures trading or making out some scalping
then expect that there would be some possible rejection on 30k point if it wont be able to sustain this level but who knows right? This is where risks management or taking would kick in.
1137  Economy / Gambling / Re: Enough to consider a casino scam? on: June 21, 2023, 09:50:49 PM

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For some reason, some players like to play on unknown sites, I suspect that this is due to the fact that these sites, like casinos and betting offer bonuses. Like an addition to the first deposit and so on. Therefore, if there is no way to find out the reputation of the casino, then it is an excellent practice to do the following: read the maximum number of reviews on different sites, enter a small deposit and immediately try to withdraw it when winning. Do not wait until the winnings become really big. And if the casino does not ask for documents after a small withdrawal. It will be really strange if they start asking for them after withdrawing a larger win.
Yes, due to curiosity of some people on why they would  really be testing out those new sites which it would really be that common that there would be no such information if they would tend to make out some research
since it was just still new then it would be understandable.This is where they would really be deciding on testing it out which it should really be just that a small amount rather than on big one because if in case that
the site is really that a shady or not fair at all then you would really just lose a small amount unlike when you do make out huge deposits then it would really be ending up on losing big too.
Always take up considerations on risks taking and dont really be that too confident or really that careless when it comes into these type of decisions.
1138  Economy / Trading Discussion / Re: The green shouldn't always be the reason to enter the market on: June 21, 2023, 08:37:42 PM
What stopped you when the price was low? don't let the sudden increase make you rush into the market- learn to control your emotions.

One of the challenges of some traders is that they don't know when is the right time to enter the market.  Some traders feels when the market is red it is always a wrong time to get into the market to trade. If the green should only be considered as the best time to enter the market, I think it won't always be a right decision. Going into the market when it is green is just greedy sentiment for trading.

Sometimes when the market is red it can also be a good time to enter the market if carefully watched.  Not all green ends up with profit and not all red ends with loss too.
Traders needs to learn when is the right time to enter the market and not to judge when to enter with a particular signal.  Signals are unprecedented and may change faster than it's expected.
Right time is on the time that we are seeing reds but you cant blame out people on why they had missed on doing so? It is just because on the time that we are really that dealing up with a bear market or something that we called that the price is really that too low, then we would be thinking that the market might even dropped even more on which means that there are two things on which i do really believe on, on why
people do miss out on buying coins on these best time.

1. Fear,anxiety,hesitance and other correlated emotion
2. Trying to chase the bottom

This is why. on the time that we do see greens then this is where we do really decide on accumulating on which it is really that something not that right.
You should have done it earlier where the price are still low and not on the time that on increased pace.
1139  Economy / Gambling / Re: Enough to consider a casino scam? on: June 21, 2023, 07:33:37 PM

Those incidents are often happen in some of non reputed casino. Which is not known unless revealed. Most of the time this type of intention happens in casinos that plan to scam. Reputed casino don't take much time after submit KYC. Either they will approve it or reject. When casinos deserve that 30 times the profit will be withdrawn they exploit that issue. But in this perspective there is no reason to call their fault even though their motives were not honest. Should not gamble on any trustless site.

There are many people who do not know about cheating in gambling on the part of platforms. This means people who just want to play a little roulette or other slot machines solely for the sake of entertainment. And they do not know which casinos are reliable, such as those that sponsor subscriptions on our forum, and which gambling services are not reliable. Of course, many of these unreliable casinos require a KYC. They are created in order only to accumulate user documents in Big Date, and then sell them to Dark Net. In fact, many of them only look like casinos, having a simple interface.
That's a whole lot of accusations, let's just pray that we don't fall into that kind of hands, even the ones that look most legit could do such a thing. This is not only applicable to casinos, but also to financial institutions and I have proof of that with my past experiences where I am sure that my data was leaked. But at times, the company itself might not know about this, it could be some randy employees they trusted with people's data.

Regardless, we should keep the possibility of our data leak minimal by only using duly registered and regulated companies, which might limit it but can't still guarantee the safeguarding of the leak.

I also had a case when I urgently needed a computer in another city, but I didn't have my laptop with me. I went to an Internet cafe, and they immediately asked me to give my passport for scanning. I refused and left because it's strange to share documents for such a service.

Regarding the online casino, the OP writes that he was asked for KYC only after he decided to withdraw the winnings. I think that in this case the casino does not behave quite correctly. And this is another case when it is very easy to enter money into gambling services, but it is very difficult to withdraw them. I think under such conditions, when trying to enter a deposit on such platforms, they should warn that they will then require a KYC.
If there is no such warning, then the casino can be considered unfair.
Totally unfair or totally shady which it is something that should really be avoided on the first place and this is why its really always been that important that we should really make out some research first before tending
to make out some deposit on a certain casino because we know that no matter how many the legit site is, there would be  always those shady places on which it would really be ending up on scamming peoples funds
or users on which it would really be that a shit situation if ever it would happen into us. I have also that experienced on making up some deposits without having any hassle but on the time that you would really be tending to withdraw your money then this is where things becomes shit and becomes hard because they've been asking on things like KYC and other information which we know that these things are highly
been frowned upon on this space. We do always prefer on having no KYc and no strings attached on the time that you would really be making some huge withdrawal. This is why its really that important
that you should really be looking for any valid and connected information on a certain site on which you do tend to engage on.
1140  Economy / Economics / Re: Bitcoin Investment: Good Debts vs Bad Debts on: June 19, 2023, 07:46:17 PM
When you buy the car with the loan,it’s not a good idea.You have to learn the value of money and earn the money to buy a new car.If you buy car with loan,it’s not a like one.You will lose the good value of the money,it kill make you to get some more loan to pay the interest of the car.When you buy car with full settlement,you can do save of money which was spend as the unwanted interest due to the bad loan.Create your own paradise with your own earned money to buy the car to the Palace.

Buying a private driving car with a loan is actually one of the worst ideas anyone will ever have because the expenses won't allow the person to gather enough money to pay back that loan, unless the loan is being offered by the employee of the borrower, when such a loan could be considered useful since it could be as a result of the person's transportation expenses, which will reduce, and the loan amount will be deducted from their monthly payment.

Another time a car loan could also be considered useful is if the person taking the loan has something to do and the car bought using the loan is to be used for transportation business, then it can't be considered useless since it's not a car bought to be used to settle pleasure but for business, which could be used to raise funds and the debt could possibly be paid back.

But either way, loans should be avoided if possible. Someone who owns a loan to me is considered a free man, but someone who is in bondage to its lender is not.
Whenever we do decide to take up some car loan then it would really be needed for us to make up some considerations if its really that wise or ideal on doing so. Check your finances and your sources if you could be able to sustain up long term payments on which you wouldnt be ending up on giving it back to the bank just because you cant really make more payments. Its true that transportation is crucial whether from your work or business and this is what you would really be mainly be thinking off or having considerations whether its time to get one or not and also it would be depending on what type of car you are getting.
Mostly we would really be that focusing for it to be a private vehicle which we do personally be using.Its not that bad as long we can pay and its our money then its none others business
but when you are still on a situation on which you would really be struggling or you do see that its not really that the proper time on buying then better not.
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