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1261  Economy / Gambling / Re: is KYC data on Gambling sites safe? on: June 21, 2023, 08:34:35 PM
Actually i think it has some risk. Because Some gambling site are not enough careful about our information. But some companies are careful. Overall we have nothing to do about it because some companies tarms and conditions are KYC. It has some positive side and has some negative side. On the other hand for Bitcoin transaction has no mandatory KYC because It's transaction held Through Blockchain. But gambling site needs KYC to avoid scam. So i Think gambling company did it for safe from scammer.
Do you mean all centralized sites that aren't gambling are safe? there's no difference if the site is gambling, exchange, robot trading etc, all of them carry a same risk. This is not about Bitcoin, off topic if you discuss about Bitcoin transaction. You can gamble with fiat or online money on an online casino.

KYC can be used to avoid scam, avoid abusers, complying the regulation etc.
Since the emergence of cryptocurrency I have seen no need for any KYC since we can always send our money using crypto without any problem. It only need crypto wallet to make transactions without any problems. I don't like going for KYC on any side because they caloukd breach our privacy and use our information to access our profile.

So many of these casinos are claiming to be decentralized and we are still surprised seeing them asking for KYC from there customers. If you can not provide KYC and you have money on the casino, you may not have access to your fund forcing you to go for KYC for the sake of the fund. We should not allow any casino to force us to do KYC when there are many options for us to make bets.
The only decentralized things are to those sites which are involving blockchain based games but if we do speak about those typical games like slots which does have those providers and other things then expect that

these platforms are indeed regulated or something that could really be that controlled out since these are centralized platforms in the first place. People do prefer on dealing up with places which does have license on which means that regulation would really be attached to it, which simply means on the time that they are really that having the license then expect that they would really be that getting in line with government rules and mainly when it comes to money related business or big revenue then expect that money laundering reasoning would really be attached specially into these platforms.
Somewhat, despite on being centralized, we do still have lots of options or platforms who doesnt ask out still with your information while you do play but dont really make yourself
get shocked on the time that they would be asking in the future or specially on the time that you do win big.
1262  Economy / Economics / Re: Logic of life on: June 21, 2023, 07:26:57 PM
Seek knowledge always.
Education only teaches you to work hard to earn money and is consumed by your needs again (employee), doesn't teach you to save money and grow it. So my advice is that it's better to hang out with people who are already successful or experienced, there are lots of places (if you really want to be a trader). Expand is looking for knowledge reading in this forum. In my opinion, learning to seek knowledge on forums is much different from what I get from YouTube.

If you want to be financially free, the first thing you have to do is dare to speculate. The most important thing is always trying to find extra income and now with the internet we can get extra income in whatever field we want. try to enter the field of online marketing, trading, and try to learn new things that we have never known, so slowly our income will increase.
When it comes to savings then it is really just that common sense that thing that you would gonna do on which it would really be that something that you would be having on mind on the time that you've been aware

about the things around specially on emergencies and other future investment that you do have in mind on which you would be normally be reconsidering on having a savings rather than on spending it on other things.
It is really just that there are people who are really that serious when it comes into their future endeavors on which they would be acting out on what are the things that should really be done.

On the time that you do find out that earning money is hard and you are already having that shortage due to inflation and lots of bills or expenses then it would really be just that common sense
that you should really be finding other income source so that you wouldnt really be finding yourself sitting on having some  financial problem. Better to act now than regret later.
1263  Economy / Gambling discussion / Re: Why People Still Gamble? on: June 21, 2023, 07:12:58 PM
There is no mystery behind it.

So, it's like an activity that even if you keep losing, you'll still play it. An activity or a video game that you'll keep coming back despite the disappointments and losses that you've incurred.

And the very reason is that you're simply enjoying, I don't know with the others but it's most likely that they want to recover their losses. Other than that, I can't think of any other reasons.

Many use gambling activities to pass the boredom. Others use it to occupy their mind so that they can forget the problems around them.  Others use it for socializing, to meet new people and new friends while others think of it as another source of extra money, others simply wanted to test their luck. There are many reasons why peolple keep coming back to gambling places and online gambling platform.
People who do say that they are playing gambling just because they are bored then there's nothing wrong with that, it is really just that there are some people who cant really just able to control themselves when it

comes into their finances on which they do really have those impressions that they should play more so that they could be able to cope up with their losses. Gambling is for entertainment and its really a sure thing

or something that you should really do and on the time that you would really be having that kind of feeling that you are already spending that much, then this is the time that you should really stop midway.
Dont ever tend to neglect out that you are playing just for the sake of fun and not really that on becoming rich because this is where people do usually be ending up on which they do always
have that mindset that gambling is a way that could make them rich, yes its possible but its not something worth to pursue on.
1264  Economy / Trading Discussion / Re: Is it best to have a personal trading strategy? on: June 19, 2023, 08:35:30 PM
Everyone has some personal strategies if they want to profit from trading without personal strategies it is difficult to achieve success from trading. There are some traders who rely on others without trusting themselves or developing any trading skills of their own. And often depending on others to make some money they share that opinion. It is your temporary thing, you can never succeed in trading depending on others. To be successful in trading, you must have a specific strategy that will make you successful in trading.
Having no strategy doesnt mean that you cant trade, you would rather be deciding on following someone when it comes into their trading decision which it is really that possible but something regretful on the time

that those trading results or outcomes would really be negative or in losses. This is why it would really be ideal that you should really be having your own trading strategy on which you could really be able to

make your own trading decisions and wont really be something regretful on the time that you would really be making out some losses compared when you are following on someone.
Sooner or later on the time that you would be realizing things then it would really be turning out that having your owns strategy is something preferable rather than
on relying into others call.
1265  Economy / Gambling / Re: is KYC data on Gambling sites safe? on: June 19, 2023, 07:36:11 PM
Decentralized casinos, which operate on blockchain technology, sometimes offer an alternative to traditional casinos by providing more anonymity and removing the need for KYC but obviously they are not entirely foolproof either. As with any online activity, there are inherent risks so using the reputate sites, checking in the forum... those are required.
Generally decentralized casinos do ask for KYC data. If the need arises such as for big withdrawal or if they are suspecting any un usual activities then they ask for KYC. You cannot guarantee that your data is secure in a reputed casino. Data leaks may happen and sometimes they might not delete your data after closure of your account. There is risk but if you are gambling you are always at a risk. I do not think KYC data can be such a big issue for a gambler.
Decentralized platforms are not regulated, registered or licensed, so there hasn't been any instance so far where a decentralized casino asked its gamblers to complete KYC verification because the money that is being bet on games isn't going to them and then coming back to the gamblers because everything is done on-chain through smart contracts, so they don't need to check anything at all and that is what they do.

Though authorities have signaled that they might start regulating decentralized platforms too in the future, and if that happens and they are forced to register themselves and operate under a license, they will surely ask gamblers for KYC verification after that.

Real decentralized platform can’t imposed KYC to their customers since players doesn’t have any account on the casino. They are just sending their bets on smart contract which means casino has no means to require KYC.

Authorities might seize unregulated decentralized casino but they can’t turn it to centralized casino since all if its games is designed for decentralized games through the use of smart contract.
Or simply with those blockchain type games on which it cant really something that would be applied with KYC on which it would really be that possible for government  to impose up such regulation because there's

no way that it could really be taxed considering that it is a blockchain based game but we know that it isnt really that much rampant when it comes into this market considering that it isnt really that  getting
that much attention compared into those platforms which does offer with those slots and other casino games but in exchange  they are really having that tendency or having the chance
on getting regulated and this is why it would really be having that normal approach that they would really be asking some KYC.
1266  Economy / Speculation / Re: Bitcoin is ready for $40k on: June 18, 2023, 10:44:10 PM
The allegation against Binance has no relation with Bitcoin. The SEC complaint may have a temporary price impact but it will not last long and hopefully we will see that bullish trend in Bitcoin again in the next few months. The market is up a bit so far but $40k is not expected right now. But there is a chance  bull run that could pump a big one. Since Bitcoin has been bearish for a long time, we can expect Bitcoin to be bullish later this year or early next year.
Even though there is a possibility to be bullish, don't ignore other possibilities of correction. Indeed I hope we will be bullish in the coming months ahead of the halving, but I think there will still be FUD which might have an impact on selling interest which is high compared to demand. The price recovery is happening gradually, but I still think the $24k - $27k sideway will last until the end of June.
This is why it would be better that you shouldnt really be anticipating or expecting that much because we know that this market is really that truly unpredictable. Indicators and analysis might show some signs of

increasing price or being bullish state but doesnt mean that it would really be happening because there's no way that there's someone would be able to know on what would happen in the market.
We can assume yes, but doesnt mean that it would be a sure thing to happen. This is why whenever you do make out some positioning then you should always mind off about the tendency
or chances  that it would really be going into the opposite path of things. We cant really be able to tell exactly on how this market would be ending up.
1267  Economy / Gambling / Re: Using ToS against users normal? on: June 18, 2023, 09:53:04 PM
^^
Not reading the ToS is not an excuse.
It doesn't matter why you didn't read the ToS of the service, but if you are going to be punished then you should assume it. The terms where there in front if you and you signed with the service and acknowledged that you agree with its terms.
If they find you guilty of breaching those terms then there isn't much anyone can do. You are at fault here and you should assume your responsibilities.
Therefore, you do end up on just simply accepting those consequences even though it does hurt but its really that your fault and there's no one you could really blame on. Casinos or platforms would really be

highlighting on what you have done and on the time that you had agreed or tick up that checkbox on those terms and conditions then it does mean that you do agree in whats stated on there.

Most of us would really be just simply skipping out on reading everything which i couldn't really blame out because we are really just that too lazy and in a hurry on playing gambling
and this is why most users or players would really be definitely do miss out on reading those important points but of course we dont really mind most of the time.
We do just simply tick out and play right away and if the time comes that those terms had changed then there's nothing we can do.
1268  Economy / Economics / Re: Try to save money while you still can, will you ? on: June 18, 2023, 09:32:28 PM
Yes is good to save money because it helps when you are in need, it is very important for people to learn the habit of saving because saving is very important you don't have to spend everything you earn save more than you spend, no person prays for anything bad to happen but a life without savings is risky and dangerous.

Very well said, apart from saving, we should also learn how to diversify our investments so that we can invest more rather than sticking with a single investment because what we have right now is just a temporary and not a permanent thing where we can enjoy and depend on for the rest of our lives. And just like what is mentioned/quoted above, nobody prays for a tough situation but having some investments as well as savings will literally make your life more ease even in tough times.
Diversify as much as you can and find other sources as much as you can on which it would really be no problem when it comes on saving up money if you do really have various income sources but still its really

that suggestable that you should really be mindful when it comes to this because there are really moments in life on which we do really be able to have that depleted wallet or bank account on which
there's no other way that we could be able to get some funds on which this is where savings would kicked in.Its not really just for the sake of having that extra money but also having that main
purpose on which these amounts would really be used for emergencies and other correlated things. You would really be able to realize and know its importance when you are already on such condition.
1269  Economy / Gambling discussion / Re: Wagering requirements for withdraw on: June 18, 2023, 08:47:14 PM
To clarify things better here is an example : if you were to deposit $1000 and win $200 in your first few games then you wouldnt be able to withdraw your winnings or even your deposits without wagering at least $5000. This means that 80% of the time, you would lose your money before reaching the required amount.
In my opinion this term is unfair.
This is not fair at all. Yes, I have seen casinos require their players to wager 50x or more if they take deposit, welcome, or other kinds of bonuses. That make sense because they won't give you something for free. You have to play there and you have to win. I also saw casinos need a wager requirement for any deposits to prevent money laundering. But, it was no more than 1x. Having five times wagering requirements on each deposit is not fair at all.

You should avoid that kind of casino at any cost. Of course, you have to read their ToS before you sign up and make a deposit. Because they may already mention this term on their ToS page. If you can make your first withdrawal from their platform, run away with your money and never look back. Those casinos are designed to steal money from users.
It's not fair, but that's how it's always been. Some gamblers manage to win some money but have to pass the wagering requirements before withdrawing the money, especially when they follow a promo given by the casino. If the wagering requirement is under 10x, it will be fine as it is not too demanding. But usually, casinos enforce high wagering requirements, so only a few gamblers manage to pass those requirements and withdraw their money. Before joining any promo, we must make sure we know the requirements so that we are not disappointed and only take part in promotions that we can afford so that we don't use a lot of money to participate.


Only few or maybe with that high wagering requirements no one can withdraw as the chance of pushing their way to complete the requirements will force them to lose it back to the house, It's been a hard task for most gambler, reading the terms and conditions always been an issue as not many are willing to take time to read and understand the rules.

End point, they will suffer after depositing and playing with promotions that have wagering requirements, they will lose the money, eventually.
Totally does have sense that they would really be having that kind of rule on which they would really be having the upperhand or would be having the advantage on which it would really be just that normal for a

business to do on which they would really be setting out those rules for their benefit.If there are people who do able to withdraw or able to comply with those wagering requirement then it would really be considered as lucky but we know that only a few would be able to get or reach that line and the rest of them is continously really that losing because they do believe that those bonuses are really that
giving some advantage against the house which it is really a very wrong idea to have in mind if you do believe on that way.

They are business and its normal that whenever they do make or give out some offering or promotions then it would really be subject into a term on which it would be common sense that
reaching up that threshold is something not would really be that so easy.
1270  Economy / Trading Discussion / Re: Is Technical analysis a must know in crypto trading? on: June 18, 2023, 08:29:10 PM


Indeed, any decision without proper knowledge about it will fall into a gambling type of investment.

More on how you deal with your study and research, the more you focus on learning different factors that may affect the market
the better you can analyze the situation.

With that, you may establish a good pattern where you can make more winning trades compared with those losing position,
TA is important, it lessens the fear in you when the situation is not moving the way you assess. It can extend your patience knowing
that chance to push back will take place.
TA would indeed lessen out that risks which is something that really recommendable or something that needs to do so because trading isnt something that you would really be needing that gambler type approach

which i have said earlier. On the time that you do step your foot into this unpredictable market then you should at least making yourself that get prepared on which it is really just that right that you should need
to learn up technical analysis and next would be some application of fundamentals which this two would really be the best tandem on handling or surviving this market.

Although it wont really be giving out that guarantees or sureness on making yourself that profitable but you do have that better chance or possibility that you would be making profits
compared into those people who do have that kind of different approach on things.
1271  Economy / Gambling / Re: Using ToS against users normal? on: June 17, 2023, 11:51:00 PM
Sure, many gamers find TOS a roadblock and overlook it, but it's this neglect that can cause problems. The TOS isn't just wordy gibberish; it's a pact detailing rights and duties of both parties. Believing that reading TOS is time-wasting doesn't lessen its key role in warding off disputes. Gamers could dodge troubles by knowing what they're agreeing to. Promoting TOS awareness isn't useless, even if largely ignored. Skipping the TOS can lead to unexpected issues like account freezing, lost income, or quarrels with support. Thus, urging players to read TOS can spare time and future headaches.
It is so. And if the gambler would read the ToS more attentively they often wouldn`t accepted it. Lots of paragraphs are written so blurry that the casino can ban gambler, or set the limits, or cancel his bet any moment. I had such problems several times and i can`t do anything with it - it is written in the ToS. The main problem that such situation is true for the most part of the casinos and you can read all the ToS attentively and don`t like it but you have to agree with it because you`ll get the same ToS in all other casinos.

Before accepting the terms and conditions, gamblers should carefully read and understand them. Reviewing the terms can be time-consuming and challenging, but it is important for users to understand the risks and limitations associated with using a particular casino platform. ToS clauses that you find unfavorable or ambiguous must be carefully considered before you accept them. Whenever you have questions or concerns, you can reach out to the casino's customer service team. Your specific concerns may be addressed by them or they may be able to provide more information.

While many casinos have similar or even identical terms, it's still important to read each ToS carefully, as there may be subtle differences or additional clauses that may affect your experience, But I will never support changing ToS silently, in a casino want to change some certain ToS they should inform the existing customer first.
Everyone or almost 100% wouldnt really be caring on reading up a huge pile of text on which it would really be just that normal that they would just ignore on whats written there. On the time that there would

be some changes then this is where risks would really be adding up because to those who arent aware of those updates or changes and able to commit out such violation would really be on trouble.

On the time that the platform would be pointing out on what they have done then it would be ending up on having no argumentation since you have violated something against on their updated TOS.
This is why it is really that important that reading up would be that always essential but well im also guilty with this because not all the time im really that a fan on reading up on everything.
I do just simply wants to play.  Smiley
1272  Economy / Economics / Re: How much longer until paper money is no longer in circulation? on: June 17, 2023, 11:25:17 PM
It is almost few decades that the digital payment have gained importance and made a big transition in the whole of financial system. An advancement won't be easily adopted to the persisting system into usage. Even after decades we were able to see good number of paper currency users who haven't used to digital payments. So, it is all about the people.

If I'm not wrong, when we think of making way for the usage of digital transition there is a need for proper awareness and education. This can't be done all of the sudden, and according to me it takes atleast few generations to have complete transition to digital money.

I believe we don't have to worry about a full-fledged cashless society during our lifetimes. CBDCs aren't even mainstream yet. Even after they're launched, it's going to take quite some time for the population to get used to the new digital cash system. The elderly will have issues abandoning paper money in the first place. It's the new generation that will embrace digital money at its fullest.

Governments will ultimately solve the issues of Internet access to proceed with their ambitions to phase out paper money for good. This could be done via the use of satellites positioned in different areas of the globe. Once our society becomes cashless, you can say goodbye to privacy and anonymity for good. At least, decentralized cryptocurrencies will be there to save the day. Maybe they'll go as far as living alongside CBDCs for generations? Just my thoughts Grin
There's no way that digital cash system would really be 100% fully adopted on which it would cause for such full integration or changes because we know that not all people would be having the access when it

comes to internet or having their own pc or having  their own smartphone considering that there are places in the world on which it wasnt been reached out by internet and a community which it is really that suffering from poverty which means that not everyone would really be having or knowledgeable on using it if in case there's a full wipe out or changes in fiat notes or paper cash.

It is really that hard to believe even on having that CBDC integration in exchange with fiat would be applied. As long government does exist then there's no way that they would
really be agreeing on such huge change but having both things on existence would really be that preferable or something that good for us though.
1273  Economy / Gambling discussion / Re: Success or Fail? - Talking about Gambling as a major income on: June 17, 2023, 10:47:09 PM
I don't understand how some people see gambling as a potential income source. How could someone rely on gambling, when gambling itself is filled with randomness and uncertainty. Its like you being able to pay the bills also becomes an uncertainty in your life. Relying on it as a primary income source is highly risky and unstable, unless you are working as an affiliate and you refer others to gamble. You earn comission from that, and it might be good source of income for you, but still there is no guarantee that you will be earning forever. People should stop considering gambling as a job through which they can earn money and should see it as a form of "paid" entertainment.
They are being mislead by the adds of the gambling site and thought the process is easy at all especially on winning the reward. Well, they can easily realize it when they already started losing the money though some are still not listening and they still continue to gamble with a hope of making fixed profit. The golden rule here is to be more responsible and not to expect that much in gambling, luck is still the big reason why you are winning and that is something you can’t have always.
Definitely a very effective marketing strategy, and you could lose a lot of money if you are being deceived by such promotions. You’ll fail if you think gambling as your source of income because its not, not unless you’re rich enough to play big in casinos and still on a good financial status even if you already lose a lot of money. Don’t treat gambling as your source of income especially if you are still struggling with your finances.

I believe, most of the gamblers know already such fact that you can't treat gambling as your main source of income.
However, as a gambler, you hope that someday you will hit big that you can retire from your winnings.
But reality is, a lot of gamblers are getting broke as they can't control their spending once they are in front of their games.
Promotions are created to deceive players, but that is, if you will really believe that such fortunate events will be on your side.

Except for those noobs around on which they do re ally believe that gambling is something that they could easily make money or make sure profits with it on which when the time comes that reality would be

slapping into their faces then this is where regrets would really be kicking in. You would most likely ignore these stuffs when you are on such condition on which you would be having that false impression on the
start that making money is easy specially if you do see someone who do able to make some big hit then it would really be creating that kind of boost up towards it on which it would be causing out for you
to play even more.

You would really be starting to have those regrets on the time that you would really be having no money already on your pocket.Dont let yourself go end up with that kind of situation because of gambling.
It is really just for fun and if you do come after for money then you would definitely be failing with that kind of motive.
1274  Economy / Trading Discussion / Re: Is Technical analysis a must know in crypto trading? on: June 17, 2023, 10:14:49 PM
in doing short-term trading, I think we are more inclined to use technical analysis than fundamental analysis, because we analyze the market every day. so it is not possible to use related fundamental analysis for long term. therefore every trader must be able to analyze chartists to find support and resistance to place transactions. and we certainly have to follow market movements more often. or we can place targets and stop losses and we can leave them.
Different types of strategy can be done once you are already familiar with how the market moves.

It's always depends from how you understand the situation and how you adjust with every market movements, same with other
trading industry, there are stiuation where you can buy when fear is dominating then sell when everyone are thinking that it
will pump for more, TA will give you hint and it's very useful if you know how to play it well.
The cryptocurrency market moves in 3 ways. And they are; Upward, Stable, and Downward. Once we know all these movements, we can also create 3 kinds of strategies for it. Crypto trading doesn't have a big difference from other trading markets. If there is one major difference that will only be volatility in crypto which are very high.

We are free to apply some strategies we have on other trading markets. The one that you are telling there which is to buy when others are fearful are I think mainly used for investing and not really for trading. The crypto trading is unpredictable but doing a technical analysis can be a big help to us to have a better success rate.
And the hardest to read up is on the time that it do make out some consolidation or sideways movement period on which it is really that very hard to tell on where it would be going next. This is where technical

analysis would really kick and be useful on which you could really be able to make out some charting and using up with those technical indicators on which it would really be giving off some hint on how the market
is behaving and showing off some potential next movement but of course this isnt something that you could really be able to precisely predict on where it would be going.
This is why it would really be that important that you should really be at least aware of the risks but since you would really be making out some strategies then this is
what matter the most and not just making any step without any considerations or analysis which its a pure gamble.
1275  Economy / Gambling discussion / Re: What kind of rewards/bonuses do you prefer? on: June 17, 2023, 09:36:30 PM
actually in recent times most players are no longer focused on that signup bonus which has high wagering requirements, only a few people, a very small number of people are still behind signup bonus and that after seeing the high requirements they Decide on the casino right away, so what are most people looking for when it comes to casino bonuses?

If this was the case, then casino would have stopped giving the signup bonuses as no one would have signup seeing those offers. The fact is that people still get attractive towards the signup bonuses and don't care much about the tough wagering requirements.

Most of the gamblers are optimistic and they think that they will complete the wagering requirements and with this hope they jump in this to get these signup bonuses. Other may not pay attention to the details and after signing up and depositing, they come to know that the bonus can only be withdrawn if the wagering requirements are met.
Newbie gamblers or to those who are totally just new into this field would really be having that kind of impression on which they wont really be minding off about those wagering requirements and would rather be

just diving in directly and make out deposits on which they do really love to see that their balance is huge and on the time that they would be playing then this is where they would really be realizing that it is really that so much hard to reach out such threshold before you could make out a withdrawal. This is where realization would kick in and on the time that you would be next time able to encounter such
bonuses then you would really be just simply ignoring out these things since you have learnt it out.

Past experiences would be the best teachers specially if it ended up on a mistake on which you would really be having that kind of learning along the way.
You would be making yourself that more knowledgeable on how things works or behaves.
1276  Economy / Speculation / Re: Halving effects, how long they will last? on: June 16, 2023, 11:31:29 PM
Many people think that if bitcoin can't make ATH anymore then the downward trend will continue, especially now that most people only use bitcoin for daily trading so that the market immediately drops again when they see a price increase, and halving is a trigger that can pump bitcoin because it's proven from several successful price pump halvings.

It seems you are wrong, because according to data analysis that I read on several social media such as Twitter and news on Telegram,
that the number of bitcoin holders is currently increasing, meaning that many people still believe bitcoin is capable of reaching a new all time high after the halving, not even disbelief.
you should research first before that, thank you.
Recognition and adoption is really that moving forward but not on the sense on a light speed but rather on a gradual manner but at least we are seeing that there's a significant increase over time or years passing by.It is really just that its been slowed down on the time that the market would really be having tons or lots of issues specially in talks about regulation and other correlated things along the way which its not really that shocking or surprising that government do really love on stirring things up.How long they would last if we do speak about halving event? We do really have those charts seeing about days in between runs.

Thing here is that we cant really be sure if it would be seeing same numbers or would be nearing those digits. Recognition is on the move but due to some regulation issues then it is been slowed down.
Somewhat doesnt matter on what are the issues that we do face, important is that this market isnt really near on its demise and we do have that so called cycle.
1277  Economy / Economics / Re: Is poverty a lack of money? on: June 16, 2023, 10:08:42 PM
I see poverty as the inability to provide what you need. So when people assume that poverty is when you don't have money I don't agree. Now what if you have all you need and you don't require money to buy anything, are you poor? Some people live in communities where everyone lives agrarian life. They have all they need because everything they need to survive is available. Food is on the farm, water available and everybody is happy. Although it was hard during the Covid-19 lockdown many people lived without money. I have also seen many people leaving cities and moving to rural areas to live a natural life.

In summary when you have everything you need to survive and you don't need money, are you poor?
Poverty for me is the current state of a person. When a person keeps his daily routine without having any sideline it will remain in his status. Poverty is an illness that can be cure, by hardwork and some other stuff. But I admit it also depends on the country he lives in it also take part in this thing. Sometimes poor people are hardworker but then their hardwork can sustain them yes but for limited time only, some people cannot sustain their needs even tho having a work, this usually happen in 3rd world countries. So yes, poverty is lack of money and resources.
But we know that there are people who are really that get contented on what they do currently have on which they dont really have any plans on progressing out themselves in terms of finances but rather they

would just simply put still and would really be contented on that condition on which money is lacking and their status do remain on being poor. Well, its not really that we could really be able to force them on what are the things that they should do because even ourselves we are really that finding that way on having or getting that financial freedom via means on doing or engaging into different things which could bring
out some profits and this is something that we should really be doing in the first place. Lack of money? Who is the one not wishing to have lots?

It is really just basing or depending on how well you would be able to find on getting various sources or acquiring them via having some extra job or having investments.
1278  Economy / Gambling / Re: This guy gave a whole prototype of "how live roulette scam us" on: June 16, 2023, 09:59:26 PM
~ They are just bad losers, I am pretty sure you have met a lot of them not only in gambling but in life, they are the ones that cannot tolerate things not going their way and they even get mad when losing an insignificant board game or another non-transcendent activity.

So when they lose a lot of money when they gamble, they cannot help but to think that somehow they were cheated and create elaborate conspiracy theories about why this happened to them.

I agree with this. With many millions playing online roulette around the world, of course there are cases when gamblers lose more than expected, and some of them start creating these conspiracy theories. What they don't take into account is the opposite cases, when people win much more than expected. That's what makes the game attractive: you are not always losing exactly 5% of your money; you can lose all of it, or you can win a lot, depending on luck.
This concept is called variance and like most concepts related to probability theory this is hardly understood by the majority of the people out there, some people expect that if you flip a coin then the results will always be 50/50.

And while this can be true given a large enough sample, the smaller the sample the higher the variance can be, so a person can lose way more often than expected or win more often as well, however the one that wins more often never complains about it, while those which lose more often will complain very loudly about that fact.

It's always 50/50, but what they can't grasp is that it doesn't mean they will get 5 heads and 5 tails out of 10 tosses. So, if they get 5 heads, they expect a tail right away or soon, while they can get 20 more heads after that. And when their balance is empty they start complaining about the casino scamming them. Same with roulette, slots and other games of chance. "I bet on 5 in roulette and it hadn't come up withing 100 spins!" It shouldn't, mate. It's not how it works.

This is very similar to dice, when we are playing dice it is like that, I have tried these strategies several times, for example if I play 2x game of 190 plays only 3 have been good, out of 20 or 30 plays sometimes it comes out alone 1 play well or none, the efficiency index is very minimal, in roulette I have only played a few times, but I have sometimes put some strategies that I have read, it seems to me that the strategy that is safest is the one that bets on the colors and the zero, because betting on a number is very difficult, or also when the roulette wheels have the part of the even or odd number, I have also tried them and it works much better for me that way, but not to find a unique strategy.

But of course the winning amount wouldnt really be just as great when you do hit up a specific number but since you do have in mind that putting your bets on odds;even or black;red then expect that winning
amount would be less which is really that a common concept when it comes to roulette games but we know that there are certain players who do really love on playing that certain extent.
About potential scamming on this kind of method which could really be only applied on physical roulettes but into see on what happened on the video on which it is really that not noticeable
but if you are really that get used to see and play roulette stuff on casinos then you might be able to tell up those differences. Speaking about online roulettes? Everything would really be
according to the code which means that playing out with this kind of type is never been that simple whether the game is really that fair or not.
1279  Economy / Trading Discussion / Re: One or more trading strategies, which one do you prefer? on: June 16, 2023, 09:32:57 PM
...

What about you, what is your preference, and why?
Well, having more strategies serves as an option that we use in a particular market situation because honestly, not all strategies work in all situations, it varies as well. Pertaining to such scenarios, at least we have another option that we think it was more applicable. Having 2-3 strategies are enough for me and besides, it was not just the strategies, it also needs trading tools. After all, it all depends on how comfortable we are, and as a trader, we know what seems to be a more effective and profitable strategy, we can stick to it if possible.
I believe it’s an advantage if we can master more strategies that will suit whatever the market condition is. And yes, 2-3 are just good enough knowing once your single strategy is not effective anymore, at least you have other strategies that will still be working on that particular season of the market. Also, your attitude towards trading will also count. If you good strategies plus a positive outlook on trading, then that will make you a winner in most of your trades.
The more the better because we know that on the time that the market do make out some different behavior then this is when we do make out some adjustments which is something that we do really to do rather

than on sticking with one method or strategy which its just been said that this market does have lots of variations on which it would really be just that normal that you would be creating different variations of your
strategy too and you cant really stick into one. It is true that the more the better on which this would really be a better approach on dealing with this unpredictable space.

You would really be finding out for yourself about its relevance when it comes to strategies that had been molded up. You would adjust accordingly into that situation.
1280  Economy / Speculation / Re: Is hodling top 10 Marketcap coins a good tactic? on: June 15, 2023, 11:33:53 PM
As investors we have to divide money into many types of investment types, like we know that bitcoin is already very expensive compared to others, so a good opportunity is to buy altcoins, the opportunity for altcoins to rise is 10x greater than bitcoin because most altcoins are cheap, and of course it's a good idea if we hold the top 10 rankings because it's safer.
People would be thinking up on this kind of moment on which they would be realizing that getting x2 or x3 on Bitcoin would really be hard nowadays but come to think that we do still have that bull run and on ever 4 year cycle which means that we cant really be able to tell on how far it would really be able to achieve into those years but i cant really blame out people on looking into other alternatives on which they
would literally be finding up ways on dealing with altcoins or on other top ranking coins in the market.

Even myself do really make out some diversification on some top ranking coins on my port on which i didnt really go all in with Bitcoin. We know that diversification do really make out that kind of
possible benefit when the market do make out some bull run. We cant really be able to tell on which one would fly and which one would really be left behind.
If you do put up on the right spot then profits would be something that significant.
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