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May 26, 2024, 04:21:54 AM *
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121  Bitcoin / Bitcoin Discussion / Re: Would you advise a friend in the same way? on: May 07, 2024, 12:19:32 PM
Never force your friend to invest in Bitcoin, you should only explain the benefits of Bitcoin to your friend, the risks and benefits of Bitcoin. Then let your friend decide independently, moreover, to invest in Bitcoin, you must first understand the basics of Bitcoin well. You tell your friend the basics of Bitcoin, like how to hold it, when it goes down and when it goes up, and what levels it might go to in the future. Let the decision be made her independently.

A person should not be forced to invest in something he has no idea or interest in. Investment involves a huge value of money, so he cannot simply give advice to other people, sugarcoating what the achievements or benefits of bitcoin once we invest here.  crypto is volatile, everyone knows that, it is difficult to force someone to invest here especially if the details of your explanation are not complete and besides, it will be difficult especially if the person has no knowledge or doesn't even know even the smallest details about the investments.
122  Economy / Economics / Re: Farming and it importance to the economy on: May 07, 2024, 11:55:24 AM

yes, the government should encourage the citizens to become self-sufficient. in the time of Muammar Gadaffi he encouraged all the families to grow chickens so that they have eggs, i think that worked on them which is why during his time, the country was called the last hope for Africa. anyway, history is cruel to him.

but its time to really make it the right option for people to grow crops in the backyard and farm, chickens in order for the family to have their own food resources without relying on any company for jobs.

This is a good idea, it would be better if everyone knew how to do agriculture, especially in the simple cultivation of vegetables or fruits or even simple ingredients in dishes, right? You've already helped the environment, you can even save money. I hope that even though we are in the modern world now, we should not rely on technology and learn to act in a way that we know will benefit everyone.
123  Economy / Gambling discussion / Re: Do you take time to read the terms and conditions of casinos before registering? on: May 07, 2024, 10:26:00 AM
It depends on who recommended the site that I would use, if it is someone I fully trust and I know that they are also using it, most of the time I would just agree to the TOS.
But there are also times that I would read the whole thing specially if they have some bonuses or giveaways.

This is somehow I relate myself because I didn't even bother to read terms&conditions especially if this is recommended by those people who I fully trusted but sometimes, I manage to read particularly if I'm much invested and interested to the gambling site because I know that reading T&C will help me to figure out some of my questions and also to avoid confusions once you are participating in the site.
124  Economy / Gambling discussion / Re: Between females and males, who are more resistant to gambling losses?  on: May 07, 2024, 08:27:54 AM
Although some woman are strong but majority of the woman population have weak emotions and that is why I feel they will easily give up on gambling because they hate to continually loss and the second point is that since women have weak emotions, they can easily get addicted to gambling and can often practice revengeful gambling.
Most women are not gambling. Women are weak and that makes them not to like to gamble because women do not like to lose. With all the news we have been hearing about gamblers, in out of 10 news, hardly will you see it related to women. So because of this I will say women are better.

Not all the time, I've seen and I've known a lot of gamblers who's a women and they are independently strong emotionally and physicallg when it comes to managing theirselves that's why I disagree to your statement. Women doesn't want to experience losing in gambling that's true somehow, but that doesn't mean that they can't gamble well or they can't hold their emotions when it comes to gambling because as far as i know, Majority of gambling addicts today came from Men. Wink
125  Economy / Gambling discussion / Re: How much of my salary should I use to gamble on: May 07, 2024, 02:52:50 AM
that is why I am asking the question of what the right percentage from my salary that I should use to gamble?

What I would do personally is to settle first all my ends, payments, savings, and finances. In your case, set aside money first to settle with your house rent, car payments, insurance, food, allowance, gas, clothes. Those should be settled first. After that, set aside for your savings and investments. After all of those, pretty much all the stresses you carry is off from your back. If there's any money left, you can then use that for your gambling. In that case you are no longer pressured to make the money.

The most important part here is that you are making importance of your life first before gambling. You are responsible on your life first and you are not taking anything for granted just to play and gamble.

Yeah, everyone should know what is their priority especially now that we're living with a lots of responsibilities and bills to pay, if you're a financial literate then you must know where we should put our money and income first before prioritizing our vices and leisures, besides it's good to settle important things first before doing some activities so that our mind will be focus in our gambling session and to avoid thinking a lot about our expenses.
126  Economy / Economics / Re: Not your keys not your funds Banks on: May 06, 2024, 11:19:16 AM
There seems to be nothing safe in reality. Before, keeping huge sums of money in your house isn't advisable. That's too risky. Your cold cash is difficult to keep. You're exposing it to robbers. You could spend it on useless stuff. Your house could catch fire. There might be flood. Your money could even be consumed by rodents and other pests.

And yet, keeping your money in the banks could mean it could be frozen from you. It could be locked. You might not be allowed to withdraw it indefinitely. Your bank could crash. This goes on.

Keeping your money in gold, real estate, stocks, business, Bitcoin, and so on doesn't mean they're safe either. Perhaps diversifying your money could somehow lessen the risk.

Reality is, the safety and security of your wealth is only within your hands. If you are too trusting to your banks or even exchanges that monitor your wallet, you will lose them all in an instant. That is why when it comes to money, there’s no one you can trust 100%. So be cautious where to save or store your wealth. If you are not responsible enough to manage your wealth, you will definitely mess them in no time.

So I’d agree that with all these flaws, diversification could be the best option. At least if you lose one asset, the other one might probably be in profits. Risks are inevitable, but one should always know how to lessen those risks.

Yep, one of the really important things that we need to do to reduce the risk of losing all the funds we have, is to diversify our assets, There's nothing wrong in trusting some banks because somehow they can help us to store our money and the convenience that we experience by using their bank apps and loan offer once we need money when there's an emergency, especially now that we're living in modern technology days, the side down of it is prone to hacking incidents so much better not to put 100% of our funds in the bank.
127  Economy / Gambling discussion / Re: How much of my salary should I use to gamble on: May 06, 2024, 10:26:27 AM
Gambling is becoming a popular thing in my locality almost everyone gamble and even colleagues gamble and engage in gambling related discussions at work,  so gambling is legal and very popular so there is no Shame in using part of a salary to gamble with that is why I am asking the question of what the right percentage from my salary that I should use to gamble?

Is it okay to talk about gambling in your workplace? In our case, it is not allowed to talk about gambling and it is included in our work ethics manual, even simple bets, but if it is outside the workplace, it is allowed. Anyways, not sure if there is really a right percentage or amount from the work salary that we can use for gambling because I don't do it, Usually the money I use for gambling is my extra money or when I have money saved from my sideline because the money I earn is allocated only for important things and bills but if that's what you do, you can use 5-10% of your cut off salary and just stick to that % so you can balance your money, remember You can quickly run out of money once you lose in gambling, so you should be prepared for the possible outcomes once you gamble too much.
128  Economy / Gambling discussion / Re: Have you won a bet with your last cash? on: May 06, 2024, 09:27:10 AM
Each of us learns only from our own experience. Therefore, a gambler becomes wiser only after making mistakes. Apparently he has not yet made all the possible mistakes, so he is experimenting.

Honestly, no matter the quality of the preaching, or the clarity of the examples, every gambler learn better having experienced some really big hurdles, those that perfectly understand gambling in moderation are the guys that have either been addicts like myself, or lost considerable amount that got them disadvantaged that they felt the pain and had a swift turnaround and became a disciplined gambler.

No matter how you advise him not to gamble with his last cash, he might be thinking you're against his progress until he does it and loses, then he will fully understand the length of the irrationality associated with his careless decision, as you rightly said, when he's exhausted his funds and he's possibly trekking home hopefully under the hot sun, he'll really understand how foolish he has been and will make a resolution to act more modestly next time.

yeah right, when you reprimand them, they'll just think that you're always against what they're doing and they might even think that you're the one who gives them bad luck once they lose gambling. Sometimes even though they have experienced losing a large amount, they still don't learn and if you look at it, they continue to gamble, worst still they are really looking for a way to make money, that's where their borrowing comes in so most of them are drowning in debt until they gradually run out of all their important equipment because that is what is used to pay the debts.
129  Economy / Gambling discussion / Re: Use your winning responsibly on: May 06, 2024, 08:30:14 AM

I agree with this. It is better to take some amount of money buy for stuffs, vacation, or any other else. When we won the games, we deserve to enjoy it. So don't use all the money to gamble again. There is no guarantee to double the money when we use all of them to gamble again. Even, it may have a bigger chance to lose again the money. Sure, it is not a wise idea because it will waste the time and efforts only if we lose again the money. That's why it is good if you take some money for buying a Smart TV or another useful thing.

Anyway congrats mate!!

Better doing this kind of things instead of being greedy and try pushing for more, the usual action of a addicted gambler is to use the winning money to extend their gambling sessions, but for those who still in control of their emotions, it's best to take the big portions of your money and use it for something like what OP did mentioned.

It's a very good decision to take some of your gambling winnings and buy them like things at home. Apart from minimizing addiction which results in losing everything, it will also make the results of gambling more visible.
but this can be done if the winnings obtained are large enough. what about small players who may only be slightly above the minimum withdrawal? When you are in a position like that, will you continue to take that small portion or continue to bet to increase your winnings.

          -   Yes, you are right, anyone who wins a large sum of money playing gambling should use it properly and buy something that will help us for life or for a few years. Like the Motor, and if the million won is to buy a house and land.

I somehow bought a motorcycle because of my cryptocurrency via trading activity. So this is a big deal for me, I hope if God wills I can also buy a brand new house in this field of cryptocurrency. So at least I congratulate the op on that matter and know if he can buy more than that. And I also hope to win a jackpot in crypto gambling in the future.

Same here! If I will be given a chance to win a huge amount of money, For sure I'll do the same, I will purchase a things that helps me in my daily life like car or franchise a business, so that in the future, I have something to look at and I can say that it is because of my gambling and that all my earnings went to the right and proper things, instead of just spending it on useless things, right? it is better to secure it first to important and essentials in our life before spending on our luxuries
130  Economy / Gambling discussion / Re: The shocking rate of women interested in gambling. on: May 06, 2024, 07:09:53 AM
This is the first time I’m reading about gambling associated with women and also reading the history about the first woman to participate in gambling activities, I guess a casino never indicated any gender so it’s obvious women can participate in gambling each time. This is not a new thing because my female friends play all kind of  casino games and sometimes they get more win’s compared to others but, what I observed each time they never get to win they express sadness so I think women can’t control their emotions losing a game or else women are better gamblers. I will like to see an experienced female gambler because it’s rare, female gamblers intend to play and when there’s no win they withdraw.

It has been long time that women can gamble at any time they want. However, there are still areas, like remote ones which has different notion to women who are into gambling. But in today's world and in most urban cities, they already accepted women in their jurisdiction long time ago. So it is no surprise if mingling with women in gambling spots is just an ordinary day-to-day living of most people. Since women are treated the same in most gambling spots, you would just see them come and go without a doubt.

It's absolutely right! It's no longer a surprise to all of us if we see women gamble a lot especially these days because as you can see, gambling is very accessible with the help of technology, and there's no gender restriction when it comes to gambling as long as you have your money and you know how to handle your self. Sometimss, women are having more time in gambling engagement especially those who's stay at home, they can gamble anytime that they want once they have done their household chores.
131  Bitcoin / Bitcoin Discussion / Re: How to get your Dad (or Mom) to buy Bitcoin? on: May 05, 2024, 10:55:09 AM
One thing that I want said to you OP; there is no compulsion in investing in bitcoin and let's not force our parents to know or have interest in things they are not familiar with, because I believe that when a person decides to invest, he will do or find a way to do what he wants. Since you are the child, and you are the one who knows more when it comes to crypto, there is nothing wrong if you give basic knowledge about it but you don't have to explain it to them at length because in the first place you should know if they are interested or no, you can convince them in the way you know, but what you will do is risky, especially since your parents' money will be involved in this, so you should really prepare so that you don't disappoint them in case your plan doesn't work out.
132  Economy / Gambling discussion / Re: Neymar being addicted to online poker on: May 05, 2024, 10:32:50 AM
Doesn't seem addiction to me (maybe not yet) but more distracted, just like me sometimes when playing game or watching sports though the child won't remember and maybe it's just that time that he just play and just caught in the video but the rest of the day he celebrate it with his family, it's just a clip and we don't see him doing it all day. Anyway, no matter if you have money or not everyone is just the same it's our instinct that if we win, we want more and if we lose, we want to win that losses.

The difference is that they have huge bankroll than us.

on point, maybe it's because his gambling was only occasional and it was really just timed that there was a media or paparazzi who took a video of him, of course what evidence was obtained, that's what people will immediately believe without knowing the other side of the story. It's possible that this can lead to addiction if he spends almost every day gambling, but that's him, maybe he's aware of what he's doing and I think he won't destroy himself in front of his daughter, though his daughter is still young, she won't remember much of what is happening now.
133  Local / Others (Pilipinas) / Re: Isang baguhan on: May 05, 2024, 08:38:45 AM
Quote
Real talk muna tayo. Mas marami ang mga umiyak dahil nalugi sa investment o kaya naman ay na-hack o scam. Malamang yung mga nakikita mo sa social media na pinapangalandakan yung naging success nila ay mga scammer din (ponzi/pyramid) at ginagamit lang ang crypto para manloko.

so ibig sabihin hindi pa rin pede mag depende dito sa crypto, like yun iba nababasa ko na nag resign daw sa work para mag crypto...

\yong tanong mo kabayan eh kaya mona sagutin yan sa tingin ko. ang importante kasi dito is kung ano ang plano mo at kung ano ang kakayahan mo sa crypto .

Kung halimbawa marunong ka magtrade at may puhunan ka, same as may Holding ka din naman syempre by chance pwede kana mabuhay  , pero the best pa din yong meron kang other source of income , in which may magsasalba sayo kung sakaling hindi pabor ang crypto .

For me lang ha, kung madami kang skills kagaya nga ng nasabi mo like trading at talagang kumikita ka ng malaki dahil gamay mo na yung tamang paraan kung paano ito gawin, maaari mo itong gawing full time freelance work pero dapat ay hindi lang tayo dito mag rerely ng ating souce of income, kailangan ay may iba ka pading pagkukunan lalo na't walang kasiguraduhan kung hanggang kelan magiging stable yung kinikita mo dito sa crypto o kung hanggang kelan papabor sa atin yung panahon.
Totoo yung maraming nagreresign before para magfocus dito sa crypto pero hindi tayo sure kung afrer ba nila mag resign ay crypto lng ang aasahan nila? kasi for sure bago yan sil magdecide na iwan ang trabaho nila, madami ng back up plan na nakahanda.
134  Local / Pilipinas / Re: Crypto airdrop seminar on: May 05, 2024, 07:36:52 AM

After ng NFT era is sunod sunod na nga yung nakita kong nag airdrop naman na, tapos natawa nga din ako nung nakita ko itong post na ito, which is pag airdrop is wala naman talaga minsan assurance if paldo ba dito or hindi madalas makikita mo nalang kasi if may potential dahil sa mga nag handle, previous market, yung devs, yung reputation ng mods, at syempre yung mga partnered nila if maganda ba yung mga naging run na tapos dun nalang mag kakaalaman if free money nga ba or waste of time.

Ito din ang napansin ko, after ng mga sumikat na NFT sa socmed, halos karamihan naman ay lumipat sa paghahanap ng airdrop, yung iba nga ay sumasabay lang sa uso kahit wala naman talagang alam about dito. Katulad nga ng sinabi mo kabayan, Walang kasiguraduhan kung magkakaroon ba ng value yung mga airdrop na nakuha mo kaya wag din talagang mag expect ng sobra dahil sa tagal na natin dito sa crypto, alam nating madami padin sa mga airdrop yung nasasayang dahil walang value, tapos yung mga walang alam na nakisabay sa uso, gagawa ng kwento na kesyo scam na agad ang crypto dahil lang hindi sila nakakuha ng pera sa mga sinalihan nilang airdrop.
135  Economy / Gambling discussion / Re: Which device do you prefer for gambling ? on: May 05, 2024, 06:38:17 AM
A lot of gambling sites have emerged during and after the Covid-19 era and a lot of people have since then joined the gambling community.
We now have a wider audience who likes to gamble on desktop, laptop, mobile phone etc...
This poll is to see the most preferred device for gambling which I assume should be desktop as it provides a bigger screen and better user experience than any other device.
But a lot of people prefer mobile phones too and so lets just hit it and see what the actual results are.

Anything can go for me as long as I get what I want which is to be able to place my bet and it depends on place and time or how I find myself, I would personally prefer to stay in my room and do my predictions with my phone and I do enjoy it cause it is easy to hold and I can lay on my bed and be flexible as I want, but when I I in a gambling shop I'll use what is available, so it doesn't really matter to me as long as I can place my bet.

Yas! same here mate, anything is okay to me but I always use my phone because it is convenient to use and this is one of my holy grail in life. I have my own desktop and ipad but it is difficult to use because of the screen size especially if you are with other people around or if you are in public places, unlike the phone which is very easy to hide in a pocket if ever someone is watching what you are doing, because I also have other relatives who like to be curious when they see me using my cellphone.
136  Economy / Economics / Re: Money and wealth is Energy know this first on: May 05, 2024, 05:58:02 AM
Because for poor people who want to get rich is really really hard.

When the poor have a dream to study or work abroad, his close people including his parents will say it won't happen because he's poor.

When the poor have a well paid job, his parents and siblings will ask for money because they see this "successful kid" as a money machine, it make him can't save his money.

We didn't even talk about how hard he try to change his life with no money, no relations, no good education, etc.

People will give value to those who have money and the value is not given by strangers only but this behavior also exists in family members. Actually in our society poor people always remain poor because they are discouraged by many people including friends and relatives.
 
When the poor become wealthy then they don't know about the management of money and spend irregularly therefore they again become financially unstable so it will be important if we give courage to all our friends and other people who are suffering a lot due to shortage of money and if they have money then we have to guide them about the management of wealth.

This is quite normal nowadays, you are considered as an important person if you have money of you're having a well off life and that's sad to think that some of our relatives only know you because you have money, but once you lose money and your life is not that rich, they will gradually move away from you. I don't blame everyone, but mostly this happens to most of us, it's rare that the one who really cares about you, you often see crab mentality in their behavior.
137  Economy / Economics / Re: Money and wealth as the major religions in world. on: May 04, 2024, 10:19:20 PM
Everyone wants to earn and accumulate money but no one is happy with their earned money because the more they earn the more their dreams will be. Every individual spends their whole life to get money and they die but their dreams are never achieved.

One reason that people desire to have more money is that everything is getting so expensive that a single salary is not enough therefore most of the people accumulate and use it for making more money but money is the need of life which every person has to earn.
One thing is that people will never get satisfied of what ever they are earning and the economy is even contributing to us not satisfaction because the things we make budget for as increase, it now like the money is never enough. That is exactly what life has become we don't have any other thing to worry about its always money and that is why till today as important as money is it still does not give you happiness it only give you excitement because you can always afford what you can buy.

Because of money we have even forgotten our value to our existence, because the way it is we just come to earth we go to school, look for a job then get married then get kids then death, some times we need to know the main purpose of our existence not just liven a life as if all is normal. We should make our selfes happy and more to life than just money.
Every stage of life comes with different responsibility and i bet that the responsibility increases as one begins to get more attention from family members and relatives. What am trying to say here is that when these responsibilities becomes too much and such individual find it difficult to maintain balance he wont have satisfaction at all. The hunger to make money to cater for those needs and still have left over will be his main priorities. For a young man after higher education it first start with finding a stable source of income and bud different financial sources and after then he start thinking of the family way, how to get married and start a family.

You see life for others as a process that has a repeated cycle. Truly i agree with you that life is more than just getting married giving birth and then old and die. Every individual has something i called a purpose and if it is not fulfilled one should not be comfortably happy.

especially now, that almost all our actions and movements require payment or need money, so the dream of others to have a job with a large income becomes higher because of the needs that need to be sustained. Not everyone is given the opportunity to find a good job with a big salary even after you finish college, there are more people who are struggling with a minime wage earner than none, so it is not surprising why many people sacrifice work abroad to give their family a good life.
138  Economy / Economics / Re: Take care of your money and learn to save. on: May 04, 2024, 09:37:41 PM
People's financial situation is not always the same as we have enough money now but in the future we may not have enough money to spend. Now we have enough money so now I will go out of my way to spend money as I want for no reason then later when I don't have enough to spend but no one else will give me money to spend. It is a fact that as long as you have money and as long as you spend money behind others people will speak for you and people will be with you but if one day you want to walk with them without spending money then you will find no one to walk with. Since money brings people closer and money drives people away, money should be given the most importance. 

The amount of money that we are earning now is divided into several parts and the remaining money is the money but if we want we can invest or save so that if there is a financial crisis in the future but this saved money will support us well. 

We must be careful about money, if you are careful about money then there is no problem if people call you stingy because some people's job is to say bad things about others.

If the time comes when big money or opportunity comes to us, we must be ready and know how to handle the money that comes to us, there is nothing wrong if you want to treat yourself at the beginning but don't get into the habit of being one time big time because money can easily run out especially if it is not handled properly. There are times when there are opportunities that give us a lot of money and at that time, we should have put the money we got in the right way, it would be better if we save it or use it in things that we can consider investment for when the time comes If we get stuck or have financial problems, we don't worry too much because we were able to secure money at a time when we were earning a lot.
139  Economy / Gambling discussion / Re: Understanding the Impact of Social Media in Gambling. on: May 04, 2024, 03:07:33 PM
A lot of social media influencers especially vloggers and YouTubers are promoting gambling usually at the end of their vlogs or videos.
I could see a huge contribution and spread of information that they made especially during this time where the majority are using smartphones already. In fact, we've been seeing a massive increase in gamblers and online gambling sites. But how this could affect the mindset of the kids when they are also seeing these ads/promotions from the social media influencers they followed? I could be wrong but this has a mental effect on them and at a very young age, they are exposed to gambling already which is supposedly not the right time.

I think these influencers must know their target audience before accepting the offer or should not be included in their vlogs or videos?
Most of the influencer doesn't really care about it as long as they are getting paid, just like most of the celebrities who promotes crypto without proper knowledge they doesn't care about it as long as they get paid for their job.
Surely there are people out there who would be tempted to try out the platform that those influencers are promoting, specially those who would show how easily they are winning tons of money from those platform.
As a grown up we couldn't deny the fact that even if we are aware that those video are fake or just for publicity we still are being tempted by it, so just think how the kids would react to it.

Since those influencers do not really care about what they are promoting then we need to stop caring about their opinions as they are worth nothing, besides even if they were promoting a reputable casino, the way they do it is not up to my liking, as even in those instances they are doing in a way I think it is deceiving, as they portray themselves as gamblers having a good time and obtaining profits with their bets, when most of the time the money they are betting is not even real.

Well, there are only a few influencers who care and are concerned about their viewers, and I also understand why, because they only do it as work, as long as they make money, that's all that matters even though they know that the other promotions they do will cause harm to other viewers especially minors. What you mentioned is true because most of those who promote gambling use a set up accounts to make the promotion they share more believable, sometimes the other influencers don't really know anything about gambling, it seems like they just accepted the offer because it's giving them a huge compensation.
140  Economy / Gambling discussion / Re: Which device do you prefer for gambling ? on: May 04, 2024, 07:26:32 AM
A lot of gambling sites have emerged during and after the Covid-19 era and a lot of people have since then joined the gambling community.
We now have a wider audience who likes to gamble on desktop, laptop, mobile phone etc...
This poll is to see the most preferred device for gambling which I assume should be desktop as it provides a bigger screen and better user experience than any other device.
But a lot of people prefer mobile phones too and so lets just hit it and see what the actual results are.

for me, even though my vision is a bit blurry and I need a bigger screen for that, I will still choose to do online gambling on my mobile phone, why? Because for me, it gives me more privacy and if someone ever peeks into what I'm doing, it will be difficult for them to know what I'm really busy with, the desktop is also okay but it's more convenient to use the phone and I carry it with me everywhere I go so anytime I have access to the sites if ever I want to gamble when I have free time.
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