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1221  Economy / Gambling / Re: Loophole in stopping Money Laundering through Wagering on: June 30, 2023, 11:41:12 PM
Aside from the risk of losing a good chunk of your money despite gowing with low odds mentioned by other members above, on most casinos, small odds bets usually do not count toward the wagering requirement. Some of them don't even count bets made on some games like dice, crash and the like. At best they have a different wagering requirement for bets made on such games like 5x or more.
Casino owners are too smart and it's not that easy to fool them Smiley

True, some casinos even give a list of casino games that can be played that can count toward wagering requirements.  I was somehow baffled when they have this kind of rule and recently I found out that many crypto washers are taking advantage of their low odds game to meet the wagering requirement with the lowest possible losses.  This is somehow a very clever way of telling the players that they cannot let money launderer take advantage of their low wagering requirement for withdrawal.
Simply these platforms doesnt really like for themselves to get involved when it comes to this aspect and this is why they would really be normally be going into those methods or things which it would really be
that impossible for certain users to be able to hit up and wash out their money so easily specially into those launderers and this is why they would really be making out some exclusion on what are the
games which could be able to count on wagering their balance. On the time that these people been aware that it is hard to make out such thing on a certain site then for sure they would
really be looking into other place.

You wouldnt really be making yourself that getting along on platforms which you do seem that it is hard to reach that wager requirement but if you arent that a money launderer then why would mind that much?  Grin
1222  Economy / Economics / Re: What will you do when you have Financial Freedom? on: June 30, 2023, 11:24:33 PM
On the time that you do achieve that financial freedom then what mainly comes into your mind first is on buying the things that you do want and experience on the things that you havent experienced before.
For sure you would really be knowing the basic principle about risks taking and how you should carefully be spending your richness because we know that nothing is permanent and everything do really
comes from hard work and wise decisions that you had made to achieve this state. For sure you would really be buying mostly on things that you do want before and now contentment would really be questionable
because we know that human beings doesnt have contentment.

If you are really that sensible towards your actions then you would most likely be trying to continue on where you have started and even achieving success doesnt mean that you should completely stop.
1223  Economy / Gambling discussion / Re: Gamble Responsibly on: June 30, 2023, 10:59:30 PM
Snip

Everybody has a choice about how they want to spend their leisure time and what they want to spend their money on. All that matters is the fun that is archived. Gambling is not bad; people make it look bad through their own bad habits towards gambling. For me, gambling and games are the most fun 😊 things anyone can engage in; after all, we decide whether to give ourselves a chance or lose self-control towards what we do. Those who gamble and don't know when to stop are usually influenced by either the fun or the wins, although that's just my opinion. But, like you said, anyone who enjoys the fun of gambling must have self-control over it.

I gamble and enjoy it so much that I have been doing it ever since. Gambling is a very responsible thing and some people cannot change the habit after gambling. And if there is loss by misbehaving with neighbors in the vicinity. For some such people the reputation of gambling is ruined. I've been stuck with gambling for a long time facing losses but now I'm enjoying gambling with experience. So I don't think gambling is bad in any way but peace of mind if I am addicted to gambling.

Gambling is for entertainment and dont really expect that you could really make sustainable income through it and this is why some people would really be that wasting up their lives just because they do really believe

on something which it cant really be that possible specially with gambling. If you are that someone who had been thinking that gambling could be sustainable then you would really be doing or acting up that you could

really do it but on the time that reality happens then this is where regret would really be ending up for you to be felt on.We should really be that responsible on whatever decisions that we are making because if we arent that mindful about such  thing then we would really be ending up into those unfortunate situations or conditions that we dont really like for it to happen in our lives.
We are the ones who would really be making our fate and if you dont like for it to happen then you should really be that sensible on the actions you've been doing.
1224  Economy / Trading Discussion / Re: Risk management on: June 30, 2023, 10:16:54 PM
We all know this as a trader. But how well can you follow your well-written risk management plan determines your result. It doesn't matter how much you know managing funds, it all lies down on how are you able to follow it. Not only that we have money or fund. We also have mental capital which we also preserve. If we lose this, we can't expect ourselves to perform well in front of the charts. It's not only the monetary value, but the psychological value of the risk involved.
Even if one doesn't have enough experience in the market, trading, and risk-management techniques, one can learn about how they can manage their trades along with risk-management techniques so that they can avoid facing excessive losses, because risk-management might not be able to completely save you from losses but it will minimize your losses just like how stop-loss works in not letting your trade going too deep in loss and sells the asset immediately.

So one should obviously practice risk-management techniques before they enter the market so that if a trade they made didn't go the way they expected it to go, the techniques applied save them from facing excessive losses or getting their capital or a part of it stuck in a single trade.
They should always have a back up plan for everything , every time I am doing something I have a plan B and C not because I am expecting that my plans will fail but I want to lessen the risk that I will be encountering once it is failed. Crypto is very volatile so it is not very easy not to have risk management , they should know at least how to use TP and SL.

Applying at least the basics will help even if you're just a beginner. You can't actually do trading perfectly in the beginning and there will surely be challenges that the market brings and your experiences on dealing with these problems will help you adjust and be better as you go on with your trading journey.
It's a long process of learning and you have to be sure that you have the complete willingness to learn because even it teading professionals undergo a continuous learning process.
The trading challenge that we will all be facing is the volatility of the market. We should focus how we could take emadvantage of every market situation.
Would really be just that common sense that you should really be that needing to know on what would be the basics even if you do call yourself a complete newbie then it is really just that right that you should really be mindful about knowing those things before you would really be deciding on putting up some funds here on this space because having no risk management would really be resulting
into a disaster with your finances and this is why it would really be just that right that you should really know at least with the basics.

You cant really just pour up your money and just let it work because it wont really be making out those results or outcomes if you wont really be doing something with it.
This is why its really that important that you would be needing to take actions or what are the primary things which are really needed on handling up this space.
1225  Economy / Gambling / Re: Using ToS against users normal? on: June 30, 2023, 08:59:27 PM
You do have a point because when you agree to the Terms of Service (TOS) upon signing up, it provides all the necessary information you need to know. If there are any significant changes that would greatly impact the customers, it's crucial for them to inform us. However, I believe that in legitimate cases, there aren't many significant changes, or if there are any, they are likely scams by sites attempting to deceive gamblers.
If there's an unnotified changes as per rules of the casinos and didn't inform the customers and mostly the ones that are affected by that change. They can alibi that they're free to change the rules without informing their users.

But as required by law, hopefully where they're operating requires and states that they should do a fair change of any rule that they have for the users to be at least informed before making a change.

It's typical, normal and also ethical.
We need to always ensure that we test many of the casinos we are using so that we are not going to fall victim if any terms and conditions problems. There are some casinos that are very harsh on there terms and conditions and if any gambler eventually break any if there rules, The customer might end up losing all the funds in the account. Casinos are making big profits from gamblers and they can easily cheat there customer based on there terms. It is important for us to understand these terms because it will not be funny when we are not able to access our account again due to what we are accused of.
So far, on all the years i have been aware and able to see about certain situations here on this forum and on the gambling field, i havent able to encounter those kind of complaints about TOS violation because of sudden change or update on what are those things been written on their or just simply i have do miss up those things and there are ones who are really that experiencing it.Any alterations from the terms and conditions is something that cant really be known publicly unless if it would be announced or something like that about such update.

We cant really make out some complaints though because most of the time on which gamblers doesnt really read up this long pile of text on which if that certain casino would really be giving out emphasis
that a certain user had violated something againsts their Tos then it would really be no point on making out some argumentation.
1226  Economy / Speculation / Re: Bitcoin - what are we expecting for the rest of 2023? on: June 29, 2023, 11:57:02 PM
Of course this is a good moment after the correction process that occurred due to binance, bitcoin is back at the resistance point and a gradual increase is the condition we are waiting for or it could be sideways in its journey. I don't think the price is a problem for now whether it goes up or gets corrected again because according to my prediction we will see a new price next year. This condition needs to be used to collect bitcoins and hopefully we won't be left behind when bitcoin reaches the next ATH.

The $30k price will be the latest support point and I think $31k-$35k is the most likely price to break next month, although on the way there will be another minor correction. I hope that next month bitcoin will break the price of $ 35k so that we can see the halving process in the near future or at the end of the year.
Depends on how the situation goes for the future, it looks like bitcoin may do well enough but that doesn't mean that it has to do well, it just looks like it might. This is why I am not entirely sure that it would be a good thing coming up right away, it "might" do well, but it may not do as well as we hoped for as well. The best thing about the situation right now is the fact that bitcoin has gone up, so that means even if we do not do well, if we do not do badly then it would be good enough for us.

We can stay above 30k, and even if we do not reach 35k, that means the price point of 30k would be great for us. I just hope that it would get to a point where price doesn't fall, because if it falls, that would be the only bad thing that could happen.
Expect the unexpected as always on which it would really be that wise that you should really be that able to go with the waves or simply go with the flow and there's no one would be able to predict on what would be the future looks like. No one even knows on what would be happening tomorrow if there would be some sort of huge news whether negative or positive for the entire crypto space on which it would really be driving the entire market trend on neither it would really be that bearish or bullish and this is why it would really be just that right that you should really go with the flow and would really be acting according on whats the trend.
Profitability would really be entirely be depending on how you would really be gonna act wise and this would really be differing into each individual since not all would really be having the same
level when it comes into their knowledge and interest towards crypto.
1227  Economy / Gambling discussion / Re: Gamble Responsibly on: June 29, 2023, 10:42:51 PM
Snip

Everybody has a choice about how they want to spend their leisure time and what they want to spend their money on. All that matters is the fun that is archived. Gambling is not bad; people make it look bad through their own bad habits towards gambling. For me, gambling and games are the most fun 😊 things anyone can engage in; after all, we decide whether to give ourselves a chance or lose self-control towards what we do. Those who gamble and don't know when to stop are usually influenced by either the fun or the wins, although that's just my opinion. But, as you said, anyone who enjoys the fun of gambling must have self-control over it.
The purpose of gambling is to give fun for the people but some of them are too much and that why we called them a gambler addicts which is they are the people who don't have a self-control they are too greedy in gambling, they are focusing on winning all the Time they put a bet. But without knowing in the world of gambling it's all about luck and some are all about skills and knowledge. Understanding the game is a must.
You arent been forced on playing with these platforms or casinos on which you had decided to play on your own will on which you have decided to make out some deposit just because you do want or like to play.

Being responsible gambler would really vary into each individual on which there are ones who are really that good when it comes to self control and there are ones who are really that good when it comes to emotion handling and there are ones who are bad on taking up decisions.This is why we do really see different situations on where gambler do mostly ending up. We know that there are things in life which it isnt really bad
to do so as long it would really be in moderation.

There are really just that people who cant really think off carefully or mind about the actions that they are making until unfortunate events do happen and this is where
regret do usually kicks in.
1228  Economy / Economics / Re: Am I a bad person if I manage to avoid taxes? (Hypothetical question) on: June 29, 2023, 09:25:39 PM
It's just a hypothetical question and says nothing about me. I decided to open thread with this question for a lot of reasons which I'll explain down below.

If you think about inflation, taxes and your salary at the same time, you'll understand how the government eats you alive. Let's start with the fact that იf you live in Europe and have a normal salary, you have to leave almost half of it in taxes. Then, when you want to go for shopping and buy something in store, including food, clothes, technics, etc, you have pay your taxes of those items with already taxed money. Then, the store owner has to pay taxes of the income his store generated. Distributors, who deliver things to these stores, have to pay taxes too. Then there are vehicle taxes, property taxes. So, absolutely everything is taxed and on top of that, our salary is taxed and even on top of that, we experience inflation. This is not fair!

So, my legitimate question is, after all the robbery, a person, who doesn't pay taxes, is a bad person for the society or not? More likely I want to get answer from those whose countries have a model similar of European healthcare and employment insurance.


Majority of countries or all of them does have tax implementation which we know that this one is really that crucial when it comes to economic development on a certain country which as being a citizen then you are

really that obliged on paying up a tax. Thing here is that each country do differs when it comes to taxation percentage which there are places which do charge or reduce less and there are ones who do deducted out and holding up your neck which it would really be situational. If someone do evade taxes then basing on the books is illegal but there are lots of ways on evading taxes.  Grin

Bad person? Not really though because there are really that moment or situation in life on which you would really be seeing that paying up on the right way but being abused
or you do see that its already wrong then this is where instinct kicks in.
1229  Economy / Gambling / Re: is KYC data on Gambling sites safe? on: June 29, 2023, 09:08:33 PM
In my point of view this is really risky. These are gambling websites which you are talking about, even I don't use the online exchanges which requires KYC to withdraw funds. Because this is risky. Because I think why I should give personal data to anyone KYC documents are highly confidential documents so we should avoid.
Are you really not going to give out your personal data when the gambling site that you are installing on your signature requires it?

afaik, the KYC problem lies only in whether or not you believe in the gambling site you are playing on, however, don't give your personal data carelessly, but if you are sure of the gambling site you are playing on, there's nothing wrong with that.

Again we come cross a situation in which we don't have a choice that we do not give our KYC data in order to gamble. It's better that we made up of our mind that we have to give the KYC data no matter it is the gambling site who are asking for it or the cryptocurrency exchanges where the KYC is mandatory.
I am not saying it that we give it to all the sites but we have to believe that the good sites will not misuse about our data.
I agree with your point based on how much I understand what you mean, the issue of online kyc is not evitable, especially when it involved money, majorly every online institution where money goes in and out from requires their customers to go through a kyc verification process, this is not a thing that is peculiar to gambling casinos alone.

Like you have said, for those who do not want their personal data in multiple online servers, best thing to do is to find a reputable casino they trust, pass the kyc verification and play there, playing on multiple casinos also means you agree to pass kyc verification on multiple casinos if the need for it arises.
Very good point. I agree that at this time almost some casinos that have a good reputation will eventually ask us to send KYC when needed and we cannot avoid that because we have to comply with the rules set by the casino.
But the problem was recently heard that there was a problem of casino customers who complained about frozen funds and were asked to do KYC but failed.
Without me mentioning this problem, of course we know who the people who are complaining are, but the main problem is that sometimes a casino that has a good reputation will also be suspicious and really need customer data to ensure that everything is fine.
As long as we don't violate casino rules I think giving KYC to trusted casinos won't hurt.
Try to look on the current issue of Stake platform which it is really on this board on gambling which they've been asking out some id's and some bills with stamps and have been holding up that 6k win on someone

but still they do fail on giving out despite of those things that had been complied. We havent heard out on Stakes side on whats the actual reason on why they've been still holding those funds despite of such compliance on whats been asked? ID's should really be enough but thing here is that they've been asking for more which i would say that it is really just that too much.
I dont believe that 6k isnt something that would really be a bothersome amount on Stake, what boggles me is on how they do really trying out to hold up those funds and
asking too much information and documentation for that mere amount.
1230  Economy / Trading Discussion / Re: Better to have a trading knowledge than depending on signals. on: June 29, 2023, 08:42:14 PM
I’m not an expert nor professional trader in the first place but paying for trading signals is not always commendable since trading signals alone are not always trustworthy. And the fact that you cannot get complete assurance that those signals are provided by professional traders so it’s certainly more risky to rely on them than to believe on your own ability to analyze the market well.
Even if those signals come from professional traders, there is no guarantee that they will always be accurate or bring us profits. Moreover, if you are already a professional trader and can afford to make money in this market, do you need to open trading signal groups to ruin your reputation? Most of the signal groups are led by scammers, I haven't seen anyone who is really an expert.

Trading has its own inevitable losses and believe me, the more you trade without personal knowledge and skills as a trader, the bigger the chances that you’ll be more susceptible to losses. That is why if you don’t want to familiarize yourself about trading and decide to stop learning because you believe that paid trading signals will make it happen, then you’re totally wrong. You should not be trading in the first place if you only rely for other people to trade for you.

When we are newbies, trading ourselves or buying other people's signals, it all leads to loss of money. But when we trade by ourselves, we will accumulate experience, skills...which we will never get if we only rely on others. If we want to survive in this market for a long time, there is no other way but to arm ourselves with knowledge.
Experience is the best teacher, that is a word I hear a lot, and if we relate it to trading then it is clear that experience is a very valuable lesson. But when we trade by simply following the signals, what lessons will we get? we don't even know what is an indication of why we have to make an entry at that time. I myself have seen signals several times, I see signals not for me to apply in my trading, but I will make a kind of comparison that I will analyze from the signals I get. Indeed, in this case we cannot claim that the analysis we are doing will be profitable, but that is better because there are lessons we will get.
Yes, experience is the best teacher and just like on my case on which im a self learn type of trader on which i have no one been relying on learning out about trading.Everything is really due to my hard work and

the time that i had put up on learning things on my own. Somehow i do snip out some idea of others on where it is really adding up on my overall knowledge and this is something that it is really a must thing to be done on the time that you are tending to learn up things. Having your own personal analysis ans strategies is much more better than on relying into others on which you wouldnt really be finding it to be regretable on the time that you have lost money on a certain trade. The feeling of regret is really that totally cant be felt since you do know that you have committed errors in towards your own method
and not just on anyones which mostly been people been considering.
1231  Economy / Gambling discussion / Re: Gender in Gambling [differences between Women and Men in Gambling] on: June 28, 2023, 11:50:02 PM
I'd guess it's 50/50 casino play and 95% men for sports.

I don't think you really get this whole discussion because there's no way you have have an equal rate of gambling between men and women to share the percentage of 50/50 this is not about considering one types from each other wether be it sport betting, casino games, plinko or slot games, women aren't familiar or conversant with gambling in general terms and their participation is very low compared to that of men.
The society frown at women going to gamble so we need to know that woman are not supposed to be in the gambling casinos like men Also do and no body will ever challenge them. Gambling is something that we need to plan very well before every planning to go gambling. Those who are making money from gambling are the women we have and since there population is less then they have higher chances to making crazy profits from betting.

Men gambles alot and women are supposed to be the once to help us stop and reduce the way we gamble so that we are not gonna be addicted to it.
There's no need on planning or something that it is complicated because gambling isnt some sort of activity on which you would really be needing to be serious since its just for entertainment or for fun after all.

It is really just that the society does really have that kind of impression that women is really just that good being on the house or doing something feminine and doesnt really fiat out on things like this which does involved risks which it is really just that wrong. Lots of women get involved on things on where man does which does simply shows or prove out that gender doesnt really matter. Gambling is for entertaint
and dealing and playing up with those games offered isnt something that complicated.

As long you are really that willing to spend or risks your money on doing it then it doesnt matter whether you are a man or a woman.
1232  Economy / Speculation / Re: Everything is on FIRE today! on: June 28, 2023, 10:43:20 PM
I like your style. yeah, the market is flying and green again in the near future. The bulls will have to reverse that AVWAP resistance and $31k loop if they want to hold onto it. for this time, hope BTC doesn't pull another double top, because a lot of people have been waiting for that $30K zone. If Bitcoin did a double top, it would be a big problem and a clear correction would take place, no doubt about it. As @adaseb said It's worth considering too.
$31k is quite a strong resistance and currently, BTC is still on standby at $30k. If Bitcoin is able to pass $31k this will be a good trend going forward.
But if Bitcoin rebuilds the Double Top it will indeed be dangerous, there will be a deep enough correction before Bitcoin is finally able to break the highest price again this month.

The correction will clearly occur because the market already looks saturated, these few days Bitcoin is still at $30k, if the correction will be in the $27k price area. But if it is held back with some positive news maybe the correction will not be too deep.
What is certain is that you must be prepared with all conditions.
Speaking of rejection then it wont go past $29k but well its not really something an assured line because the next support would be on 27 which it would really be ideal on taking up some long position if ever the price

hits up that point.Now the price is stagnant or moving sideways playing on 30K+ and we dont actually know on where it would really be heading on next days or weeks to come. If we would be moving sideways then
there's really that might some small scale accumulation despite of having minimal movements. This is the time on which it is really hard to make out decisions on which we cant really be able to assure
whether the price would be heading up or down.

TA is really showing some possible bearish sentiments on which same as you said that if it would be having that Doubletop form then we can assume on next to have correction.
1233  Economy / Gambling / Re: is KYC data on Gambling sites safe? on: June 28, 2023, 10:25:42 PM
~snip~
afaik, the KYC problem lies only in whether or not you believe in the gambling site you are playing on, however, don't give your personal data carelessly, but if you are sure of the gambling site you are playing on, there's nothing wrong with that.
^That is the problem here, the word entrust must be what you will find first in the casinos.
Because for me KYC measures are typically implemented by reputable gambling sites to ensure compliance with regulations and to establish the identity of their customers, thereby enhancing security and preventing fraudulent activities. Consequently, if you have taken the necessary precautions and have confidence in the platform's credibility, there may be no inherent harm in providing the required personal information as part of the KYC process. Probably it is always prudent to exercise discretion and ensure that you are comfortable with the level of trust you place in the gambling site before disclosing any sensitive data.
If you are really that something paranoid when it comes to your identity or personal information then dealing up with certain platforms which does ask out KYC is never been appealing for you, despite on being known
and reputable or trustable by the community but we know that there's no such thing about 100% secure out of this world on which there's no way that we could be able to tell on whats happening behind those curtains on which we could really make out some assumptions that even despite on having no leakage of information or exploits but we dont really know if they've been safe keeping our information or had been doing  something that we arent knowing or totally make us blind.

This is why on the time that you would really be submitting out some documents or personal information on any platform online, then better consider out with those information's to be good as exposed
so that you wouldn't really be stressing out yourself or having the anxiety on the time that you had passed it.
1234  Economy / Economics / Re: How much longer until paper money is no longer in circulation? on: June 28, 2023, 09:53:16 PM
Yes, I think paper money is going to be phased out at some point globally. In some countries, like Sweden most transactions are digital already now and paper money is quite rare. On the other hand, in countries like Germany or the US cash is still king, there still are many places where cards are not accepted.

It's a good thing cash is around, especially when we want financial privacy. Once all of the world's countries switch to a CBDC, you can say goodbye to anonymity for good. By the time that happens, our only option would be a decentralized cryptocurrency such as Bitcoin or Ethereum. That's if we still want financial freedom.

For true privacy, we'd need to use a mixer or a privacy-oriented cryptocurrency such as Monero or Zcash. When offline, I can't think of a way to pay for goods and/or services other than using Gold, Silver, or any other precious metal in physical form. We're decades away from seeing paper money being phased out of existence, so there should be nothing to worry about. Just my opinion Smiley
Everything would be digital? Its preferred but for sure it would really be causing a long list of debates and meetings about doing such stuff because we know that not all would really be having the devices on which they could own for them to make some online transactions or transfers on the time that they would be buying something or simply with those simple transactions on day to day living on which means that
if we do fully applying that CBDC then i cant really be able to cope up on how everything would really be just fine because not all would really be that knowledgeable on doing so.
Not all would be having the opportunity for them to make use of whats needed.

This is why i dont really believe that fiat or paper money would really cease to exist because know on how important it is and there's no way that government would really be allowing
for it to be eradicated so easily.Its true that there's still way on being anonymous on fiat unlike on cbdc on which everything would really be known about incoming or outgoing transactions.
1235  Economy / Gambling discussion / Re: Why People Still Gamble? on: June 28, 2023, 08:58:14 PM
they have no control, they are looking for it is just a game, you cannot leave a responsibility for gambling when you risk real money, things are clear here when they are fulfilled 18 years is the normal age for anyone to be able to do what they want, because everything is under a total responsibility scheme, and what happens from then on and that they do wrong can even be punished by jail, so it is better to do things well so that there are no problems, that's why children should have their games away from casinos.

But quite unfortunately,  some underage is still engaged in gambling and this has really stirred up some discussions in many quarters and this has even led to the banned I gambling in many countries around the world all winning attempt to kill underage gambling.

But the government efforts have not yielded any positive results and also the need to good parenting of the child is very important.
Ban would really be their last resort if they do saw that gambling addiction and severe involvement of young age would really be that rampant on which the government wouldnt really be having no choice but to do

such act because we know that it is something that wouldnt really be that good and this is why these bans and prohibitions would really be their main solution to that but its true that it wont really be completely

be able to resolved out the problem as this would really be making them on finding on other methods or ways for them to play gambling despite of  such prohibition.In todays tech and accessibility then it would really be that understandable that there would really be still some numbers who would really be able to bypass out these kind of bans or something that would really be stopping them for them to play gambling.
This doesnt really make an exemption whether you are young or old, it would really be still the same if we do talk about chances of getting addicted to it.
1236  Economy / Trading Discussion / Re: How to use the Bear Flag pattern and what to look for? on: June 28, 2023, 08:46:08 PM

Personally I like trading the breakout of a Flag pole however I prefer price retouching or pullback to the outer line of the flag pole and watch out for Price Action for possible price continuation something like exhaustion on a bullish or bearish candle that touched the line before pulling the trigger for a possible long or Short order with reference to the 1 hour or 2 hour timeframe definitely anot daily timeframe which I believe trading it breakout will lead to a massive drawdown if the price undergoes correction, however multi timeframe analysis is also very helpful to determine the trend of the market.

To this end I think scalpers may not have too much to do here with exhaustion, you are definitely waiting for correction and multi timeframe is useful to determine this position but I don't like to go for scalping because it is rather slow not to be caught up by retracement.. Although sometimes depending on the timeframe that this exhaustion is severe, it may change market direction especially with higher timeframe like daily above.
When you do consider you out on doing scalping then everything would really be on fastrack or would really be into that fast pacing when it comes on buying and selling or simply actively been facing up with that

volatility which is something that not all would able to pull on because i could really say that scalping is really indeed hardest thing to be done when you do make out trades. You would really be finding these

technical indicators to be that your main friend when it comes to this. The difference on here is that you wouldn't really be sticking on higher time frame on which you would be mainly focusing on smaller ones.
I have tested out on doing scalping and it turns out that it isnt really something that it is really for me. It is really that hard once you do step your foot into the market.
Lots of indicators which you might really be needing but since we do know that trading isnt an assured thing no matter how well you do make TA's then its up to you on how you would gonna handle yourself.
1237  Economy / Gambling discussion / Re: Lotteries and possibility vs. probability on: June 27, 2023, 11:52:48 PM
most people play the lottery hoping they will be very lucky to win the maximum prize, they know very well that this will be a very difficult task but even so they keep playing, in the beginning they take little money and buy few tickets, then they start looking at the tv that a lot of random people are winning the top prize and for that reason these people start to intensify a big campaign to buy a lot of tickets and with that they start to spend a lot of money and it doesn't take long before they become addicted to gambling

and to make matters worse, when these people become addicted to gambling, they hardly show the signs that they are addicted to gambling, I already had the opportunity to live with people who became addicted to the lottery, I started by observing the signs when they didn't managed to go a whole day without taking out money to buy lottery tickets, I kept wondering if they could stop buying lottery tickets when they wanted to. relatives had to interfere and stop giving them money, that's the only way people stopped buying lottery tickets. lottery games are the kind of games that make people addicted easily
I do believe that addiction does have that has a level on which its true that if someone is really that a fan of buying lottery tickets on just hoping that they might win then its not really that an immediate sign that you are already out of your mind and trying out to buy tickets as much as you want just because you do really have  that mindset and hopes that you would win. Just like myself on which i do make and buy lottery tickets but not on the sense that it is really that consuming too much money.Im aware on what im doing and im just spending the amount which i could able to let go and wont mind on. 

Unlike when you are spending tons of money already on buying tickets then this is the best time that you could really say that you are already addicted into it, but for those someone who do just simply
buy tickets a piece or two and then watch on the TV on the results then it isnt really just that right on considering it to be addicted immedaitely.

When it comes to chance or probability then we do know that lottery does have the slimmest chance on hitting those numbers.
1238  Economy / Economics / Re: Should I Use Emergency funds or Sell my Assets ? on: June 27, 2023, 10:51:27 PM
I reluctantly followed the counsel of a financial advisor to fix my finances in order by creating a budget and tracking my expenses, inflow and outflow of cash using an excel sheet. The economy has been crazy in my country so I needed to do something urgently. My greatest realization after this is that inflation all round is destroying my budget. It's been  five months now. I am torn between using my emergency funds or selling some of my assets to cushion the effect of this economic situation. What do you suggest I do?
What are you actually setting up an emergency fund for? I think your current condition is the best moment to use it than you sell the assets you currently have, always use an emergency fund according to what you initially planned,
but if you have prepared it from the start for things like illness or death, then just use half of it, not all of it because no one knows human age.

Or evaluate the assets that he has, because there are some assets that you don't need like it is just incurring expenses for you.
So if you have assets that you think you can sell, and won't hurt any of your financial plans, then better discard it.
It is you alone who can determine how valuable is your asset for you, so at the end of the day, you can decide this for yourself.
Either way, at least you have your back-up source of funds in case you badly need it. It is always best to have something valuable that you can rely on in times of need.
When an asset turns out to be a liability because of some expenses due to maintenance and other related stuffs and it doesnt generate some income but rather taking some then it would be wise on taking up consideration on selling it out rather than on keeping it for long. We arent that dumb enough on making out some selling on properties on which we know that it would be beneficial or something that could take up profits. We are really that on our right minds on to determine which is and which is not to be released or to be on sell.  AS much as possible then i do agree on some advise that its not really needing for you to sell something to invest on Bitcoin. You could always be able to do on buying gradually and not in bulks but i do understand that kind of urgency on buying big is on the time that we do see that the market is really that
on that possible bottom on which as investors or does have the knowledge about price dips and opportunities would really be that having the eagerness on trying out to accumulate and this is why
we do really end up with these kind of options.
1239  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: June 27, 2023, 09:30:07 PM
~

Since they are still up with those existing contest ideas they really see somethin good in return for doing that and for sure they can see the exposure brought up for what they do here. This is also generous act by this management to launch those contest since they are giving huge rewards to the winners and that makes their promotion more exciting since the result is exciting to wait especially it can make their gambler to do more effory so that they could win those prizes.

Yeah, all casinos of high level should be doing something like that all the time. And if they are using crypto currencies, they should be running various contests here on bitcointalk primarily. Online casinos like Roobet🦘 understand it, and that is why their business is good, they are thriving. Those who want to avoid spending money on such events, will be losers in the future, I have no doubt about that.

I do agree that it would be good for the forum and that the casinos will probably find a highly specialized user base here
though it's worth remembering too that there are lots of crypto users that aren't active here in the forum.
When it comes to crypto traffic then this forum would be the main spot on which it would really be normal for any crypto based companies would really be that focusing or putting up that main consideration on launching up a campaign or promotion into this place. There's no other place which you can found about a community of people who do know on what crypto is, unlike if you do put up that kind of marketing on
social media then you could really see the difference but well we do know that the more sources or pathways for you to spread out exposure is much  considerable and preferable rather than on focusing on one point on which it would be normal that these businesses would really be going after on something that could bring out benefit of course.

Roobet is really that generous when it comes to prizes and that what makes their promotion and competition really worth to join in. This do create that kind of interest and exposure
which they would really be continuing on doing this as long they do see that they could really benefit from it.
1240  Economy / Trading Discussion / Re: Trading as a newbie? on: June 27, 2023, 08:29:21 PM
Never force yourself to trade without basic knowledge, first learn how to understand trading patterns and when you want to try trading as a first step using slightly smaller capital. At least this can be used as basic training to jump right in because after all knowledge and experience is gained by practicing it directly, so that experience can bring us more accustomed to dealing with trading and know how to maximize losses.

Trying with small capital can maximize the value of losses and when the trading experience gets better, then add a much larger amount because this is related to risk management that needs to be considered so that when you experience a loss you won't panic.

You have given a very good suggestion that one should never join trading without experience and knowledge.Even if trading is started, first trade with small capital to minimize the risk of loss.Small amount trading will also gain experience and knowledge about trading.After gaining experience you can increase your trading amount but choosing the best coins for trading should always be the top priority.Always choose the coin that has the highest volatility in trading.Consistency is a very important component of trading.Therefore, emotions should never be used in trading.

The most important thing is to start trading only after understanding and analyzing all the information related to the market.
Always start on small and never ever have that kind of feeling of confidence that you could really be able to stand on this unpredictable market on which it would it would be wise that you should make use of small

capital instead on going all in because its 100% that you would really be losing money on your initial steps and this is why it would really be that ideal that you should only spent less which at the same time you would

really be having that kind of learning curve while you do make use of certain funds which it would be allocated to it.On the time that you do see yourself on having some good progress then it would be the best time
for you to gradually be adding up that capital and position. You would really be able to find out for yourself on what you should gonna do because you would be able to see those differences comparing your
newbie self into that certain point when you do already have  that experience and knowledge on handling yourself on a random market.
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