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141  Other / Off-topic / Re: Why do people lose in gambling and still go ahead and bet more? on: May 14, 2024, 06:58:00 PM
I've a friend of mine who always complain that ever since he started gambling he haven't won a good amount, instead he'll be winning less money than what he expected but he can't stop. So I'm asking what do you suggest he should do at this case. For me I told him that he should know that gambling it's a game of risk and luck, but with the constant betting you might win the amount you've at mind someday. So what are your suggestions towards this.
Almost everyone has complaints about gambling where they don't win big. But in reality, those who gamble only for the big win will stop at some point. Because there is a word called luck in gambling. When I first take bet I longed to win but didn't win and when I bet and held to lose I won more than I expected. Since then I never look forward to a big win. Unexpected winnings in gambling can bring more joy. My suggestion here is that gambling should not be considered in terms of making money or just winning. When the gambler removes the thought of winning from his mind, he can enjoy gambling.
142  Economy / Gambling discussion / Re: Saudi Professional League 2023/2024 on: May 13, 2024, 04:48:39 PM
Ronaldo already has a blossoming career in Saudi Arabia that has taken him two seasons to build; I am not sure he would want to abandon it. Next season is another time to try again with Al Nassr.
Ronaldo has a good career in Al Nassr but he always failed to win the trophy of SPL for Al Nassr. This may be the factor that Ronaldo considers to leave Al Nassr for the next season. But since Ronaldo always has a big motivation to win the trophy, he may try to stay in Al Nassr until he can win the trophy of SPL for Al Nassr.



Source: transfermarkt
Many people have made news about Ronaldo's condition at Al Nassr, but according to my opinion, he still wants to stay at Al Nassr. The Spanish news channel also reported on him and as far as I know the newspaper also claimed that Ronaldo's Arab lifestyle was very different but there was no comment on him leaving the club. But for the team as he has not been able to show anything good that he might have fire in him and that's why he might come out. But I think he will never do this because if he leaves without a trophy then his weakness will be spread out. He will not be released from the team unless he is able to win the SPL for Al Nassr.
143  Economy / Trading Discussion / Re: Day trading or Long term on: May 13, 2024, 04:12:48 PM
HODLING is less risky.

We have been holding for years and we're a real testament to it and that's why we're still doing it. You trade freely and do everything that you want to do.

But as you trade, don't forget about the importance of having your own holding that you're setting for the long term because it will bag you more profit.
Hodling and trading are two different things that can be done simultaneously by anyone, so people who have long-term plans for these two things must of course be able to throw away their worries while still carrying out these things. Moreover, now there is enough evidence from people who are still doing it as you say, so that people who haven't done it can have the enthusiasm to try it with quite a lot of confidence. Because sometimes being too afraid of the risk of loss will not produce more meaningful profits in anything.
You are right that both can be done simultaneously, so if we have measured our abilities and we consider ourselves able to do both, then we can do it simultaneously. However, if we feel we have to choose one, it is also legal, that is up to us.
Yes, if we are too afraid of risks then we will never make a profit, because every time we want to do something that fear will come to us and it might become an obstacle that in the end we never want to do it. However, we also have to be able to measure risks, what risks we can take and what kinds of risks we should not take. We must be able to adapt to the limits of our abilities, don't let it look like we are forcing ourselves in the end.
There are some risk-averse investors who believe that risk increases the chance of profit. There are also some investors who are risk averse because they may not have enough money. But I would definitely find the risk involved in investing in cryptocurrencies. Because if you take the risk, there will be a chance of profit. In terms of trading, a trader can invest in either short term or long term depending on the investor's perspective. If the investor wants to get money quickly then he must move towards short term investment and if he wants to see his investment as wealth then he must plan for long term investment. But if we are encouraged to invest long term to be relatively risk free then we will definitely get more profit from the investment.
144  Economy / Speculation / Re: Bitcoin Bull has Started But Not Yet ATH. on: May 13, 2024, 03:54:06 PM
Quote from: GigaBit
This is a big difference between ATH and Bull Run. Bull run Usually when the market is bullish the amount of investment in the market increases rapidly, we can identify the period as bull run but this is what we mark as all time high. When the market peaked in 2021, the price of each bitcoin peaked at 71,000. In 2024 we have already seen the value of Bitcoin rise to 72 thousand. The market has already crossed the previous ATH and touched a new ATH. However, despite the beginning of the bull market, the market is not completely bullish. When the market was below $20000 last year many expected Bitcoin to reach ATH. But those who currently buy bitcoins do not expect it. They would expect a strong bull market that could cause the Bitcoin price to high.
Bull run is the season hodlers use to sell their coins to make profits to take record of the new ATH from the market, which is very important for hodlers to know the level the price has hit so that they will know their next target when another bull run occur in the market.

We have seen a new ATH in this 2024, but some experts are still spreading the information that $100k will going to be new ATH in this year if the hodlers can endure till the end of November, which i doubt for such price to come to pass this year because the $73k which people experienced early this year and it has changed people life.
Predictions are very effective in Bitcoin price growth. When all the crypto lovers start thinking that Bitcoin price is going to 100k or more then its price can definitely go further from that level. Those who are collecting bitcoins must wait some more time. Because there is an assumption among all bitcoiners that bitcoin will rise next year or later this year. But no one can accurately predict when the expected bull run will begin. But one advantage for the bitcoin holders is that whenever the price of Bitcoin rises, their holdings will increase and they will be profitable. It may take more or less time to reach the expected level but the holders will definitely benefit.
145  Economy / Speculation / Re: What is going to happen with Bitcoin now? on: May 13, 2024, 03:37:34 PM
There is no logical reason to worry too much about recent Bitcoin price changes. Because if the Bitcoin price increases slightly, there may be a slight correction. Even if it goes below $60k, it is not a big problem. Moreover, it is not possible to predict that the price of Bitcoin will increase after the halving. But if you look at the events after the previous halving, it will be seen that the price of Bitcoin has increased after a long time. For the time being, the price of Bitcoin will remain between $60k to $70k for a long time and we may see its price rise from the last quarter of this year. Since Bitcoin is the most volatile currency, the price of Bitcoin can rise up or down more than expected level from time to time. In this case, the decision should be taken after careful observation before investment.
146  Economy / Gambling discussion / Re: Indian Premier League #IPL Cricket on: May 13, 2024, 03:13:01 PM
Everything is going on the way of Royal Challengers since their bounce back and yet once again time to mention 'fortune favours the brave'.

The wicket of Jake Fraser McGurk was the turning point and it's really the most unfortunate way to get out while he was the only one who was striking well and rolling over opposition bowlers.

After losing 4 wickets inside Powerplay DC managed to stitch a partnership of 50 now but they are far away to reach the target but this is T20 anything can happen. Smiley

Royal Challengers Bengaluru won the match yesterday and it is such a good thing for them because now they are on the top 5 but just winning one more match then they can come into the top 4 and visit to final for the first time in this IPL.



Also for this time, there is also vibes for the winning of them as they are in supreme form and also won the last five consecutive matches. No other team in IPL has won 5 consecutive matches and I want that to happen as it would happen because they wait for 16 years and it is not a matter of  16 days
Let’s see if they can win this time the title , hope for the best. All the best players left Royal Challengers Bengaluru and moved on to other franchises but only Virat Kohli is still here.
Having supported this team since the beginning of IPL I think everyone was upset because they lost consecutive matches but the team bounced back from that point which is a good thing. The team has not seen victory for a long time but after winning so many matches consecutively they will definitely try to get the final trophy. I don't know if they will win because their consistency can change anytime. But the behavior of the team in this tournament is very suspicious, they can also win the title to this season. While other players have changed, Virat Kohli is still in the team and if he can show his talent, then nothing will be difficult for the team.
147  Other / Off-topic / Re: How much of my salary should I use to gamble on: May 13, 2024, 08:03:04 AM
This question you are asking only you can answer it because it's actually your salary and you are the one who knows how and where you think you will get inconveniences if actually you used the money to gamble. I think setting the money to the range amount in which you can lose and won't get affected by the losses is actually what is needed from you as a gambler because the moment you lose and the funds you lost gets to you then it's now becomes a problem.

We cannot give advice to anyone regarding his money because a person always earned his salary due to his hard work so if he spends this salary in gambling because of the suggestions of others then this suggestion will spoil the life of his family.

I think a person can think about his salary and gambling Activities better than others so don't ask about suggestions to anyone as their financial status and living conditions are different from yours.

If you are earning less income and it can just help you to carry out daily expenses then don't gamble because with gambling you will be unable to provide good quality expenses to your family so try to invest this money which you want to use for gambling.
Good advice, we need to pay attention to the total salary we earn each month and need to consider whether that salary is optimal for our family's needs, don't cut off their happiness just because you deducted part of their salary for gambling.
Many people suggest using 5-10 percent of his monthly salary for gambling and many people increase this percentage and keep it between 10-30 but I think it is important to observe whether our family is going through any shortage or not because family needs get the first priority. I don't think it would be appropriate to have a gambling budget there. Gambling can only be budgeted for when the family is able to fully meet their basic needs. A financially sound gambler may try to spend anywhere from 10 to 20 percent of his income which will not hinder the gambler's gambling. The main reason for making budget is to gambling so that he can lose his money without any obstacles. But there are some gamblers who do not pay the family expenses but use the money from it for gambling. Which later brought both his gambling life and his family a major disaster.
148  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: May 13, 2024, 07:39:51 AM
Pakistan won the match quite comfortably. And they should actually thank Irish fielders for giving them chances. Graham Hume dropped both Mohammad Rizwan and Fakhar Zaman during initial overs, and on both occasions it was relatively easy opportunities. Both Zaman and Rizwan made use of it and went on to build a mammoth third wicket partnership. By the time Zaman got out to Ben White, it was all over for Ireland. Now the series is tied 1-1 and the last match will decide who will win the series.


Ireland should improve there broadcasting standards, there is no fun in watching these matches on TV. The cameras and commentary is no way near to international standards.
If Ireland can improve there fielding and not repeat mistakes in third T20I then they have bright chance of winning the series. Even if they lose there success is that they won a T20 game and make Pakistan work hard to win the series.
I also noticed that their broadcasting was not up to standard. I couldn't see their players while doing finding in straight position  and there is some error in the position where the cameras need to be held. After all this series has still created great interest among cricket lovers. Because Ireland beat Pakistan in T20 match. If Ireland win the toss and decide to field in the final T20 match, they can have a chance to win the series. Although the probability of that happening is very low, it can happen. Because their batting standard has improved enough. I would call Pakistan's sudden loss in the first match an accident because the pitch conditions in Asia and the conditions in Europe will not be the same.
149  Economy / Economics / Re: Oil producing countries experiencing hardship. on: May 13, 2024, 07:18:38 AM
Yes, that would be the main problem. Because if we talk about Saudi Arabia, a powerful country in the Middle East, that country contributes significantly to oil production, but the government of that country has recently been investing a lot in different platforms, such as in football, they have invested unprecedentedly, which even the biggest countries are unable to do. I think there is a big waste of money. Some feel that the country does not want to depend on just one resource. If the decision is wrong, the situation of those countries can be worse. But as long as they have natural resources, they will be rich. And there is no way to say whether the demand for crude oil will decrease or the utilization will decrease. Its demand in the world market has not decreased. There may be instability due to political reasons but the demand is high.
150  Economy / Economics / Re: Invest on your dependants if you too must grow further on: May 13, 2024, 06:51:10 AM
If you want to keep yourself successful, you should also make people around you self-reliant. Because it is not possible to maintain a good position by earning a single income in the family. Because it is difficult to manage a family with a single income in today's era.  If everyone in the family earns, then it is easy for everyone to maintain it. Also, if everyone around you is poor, if you alone are rich, it is not possible to maintain that wealth for long.
Analyzing the history of the births of famous people in the world, it can be seen that most of them came from famous places. So to be economically self-reliant we have to make everyone around us employable, there is no alternative. Therefore the same characteristic is noticeable in a family, such as if a person is the only earner, the financial pressure on him is much more than another earner in that family. So if we want to grow up we have to create another income earner in our family.

Growing up is an action that happens faster sometimes alone and sometimes all together. Everyone's goal is to increase their current income and help those around them live a better life. To do this, the number of income earners needs to be increased.

Sometimes, investing in education or something else for a while may cause the person you invest in to earn income. Even a small positive impact we can make on the people around us will be beneficial in the future.
If a person only wants to grow up alone then he can grow up but there is nothing good in that achievement. Moreover, if one thinks only about his position without observing the situation of the people around him, then he will be considered selfish. In most cases if the number of earners in a family is less then it is natural that the pressure on the earner will be more. He will not be able to fulfill his duties well to everyone. Moreover, in a family which has more members but less earner always lives under stress which increases over time until the number of other members start to earn. A person is judged by his actions. If one can devote himself to the needs of others and stand beside others when need, then those individuals can be benefited.
151  Economy / Economics / Re: A lot wealthy people not smart they just use debt on: May 13, 2024, 05:26:23 AM
I spoken with my old friend he use to live in nyc around rich people he asked their business most of them said.
That it's debt they borrow money invest real estate buy to lease and sp500 and Even in crypto since many of them use llc options as company investors they not worry about
And they say markets always goes up
So many people just using the borrowed money nothing personal for them it's just game If they win they win If they lose then might be collapse but they are use to that after each crash wall street get bail out.
So a lot people are in high debt and they keep getting to make more debt a lot people using debt to invest.
The real estate prices not coming down so easy because there is a lot buy to lease deals.
And a lot gamblers are rich not smart just rich they. Was lucky because of good credit score.
Loans are a scheme to increase the amount of expenditure. However, how one views loan that will depend on the lending system of that particular country. However, in some cases, it has been seen that countries with high levels of corruption also have high levels of debt. Especially there the upper classes debt more to grow their businesses. Again there is a rise in loan defaults. A rich man is more in debt than a poor man. If the rich people did not take advantage of that loan then it could have been an opportunity for the poor. Due to corruption in those countries those who really need to get loans do not get it, on the other hand those who have loans get more loan benefits.
152  Economy / Economics / Re: Debt Management. on: May 13, 2024, 05:07:32 AM
Debt or borrowing is not looked upon favorably, those who can manage the loan process properly can certainly reach their goals faster than others. I am not advocating debt but sharing some ideas on how to manage debt and pay it off faster. A borrower must be prudent. Especially in all work related to money.

A debt holder must first determine why he takes the loan. It should be carefully observed whether there is any logical reason behind it or not. In many cases I see people who don't need loans but are still taking loans. In such a situation, you should avoid lending.

I would like to focus on a few points.


# To manage loans properly, a borrower must monitor his finances against his loans. The total loan and interest rate must be determined. If there is any other debt it should also be monitored.

# Before taking a loan a borrower should consider the type of loan to take. Some loans have high interest rates while others are very suitable according to the customer's situation.

# It is important to plan the loan financing in advance. Because loan money should never be used beyond the plan. This will increase the debt burden.

# Borrower must show awareness of every expenditure.
 
# In addition, the borrower should also be able to budget the loan amount. Decisions should be taken after observing what is necessary and what is not necessary at that time.

If loan taker manages their loan by following the points I have mentioned along with others then there will be more benefits in loan management.
153  Bitcoin / Bitcoin Discussion / Re: Crackdown on mixers and privacy tools is ineffective: it may even help criminals on: May 13, 2024, 04:24:12 AM
When the government can't find the root of the problem, they do things like crackdowns where I think they're just trying to control users. As we recognize the case with the crypto market. When the market starts to be bullish, there are preparations to file various cases against organizations like the SEC and thus they control the market. As the number of users of Mixer increased, the authorities noticed that closing Mixer would end activities like money laundering, which is completely wrong. Those involved in money laundering will certainly want to recover their money in fiat if the authorities are able to do that properly, the volume of money laundering can be greatly reduced.
154  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: May 12, 2024, 05:43:35 PM
That is a shame. I was thinking that Pakistan will win this series with 3-0. Because Pakistan squad was very strong as compare to the Ireland team. But they really disappointed me. First of they didn't make a higher target to put a pressure on Ireland team and after that Pakistan bowlers wasn't able to stop the Ireland team. I really appreciate the performance of Andy Balbirnie he is the only one who pulled the Ireland team to win the match. Shadab Khan performance in bowling was very disappointed. Ireland collected 54 runs in 4 ours from him.  Pakistan needs more practice to stand against Ireland. By the way Congratulations to Ireland team.
Exactly. Pakistan performance was really disappointing. In my point of view the target was Ok but the performance of Pakistani bowlers was not admirable. Because just because of them Pakistan lost the match. They still need more practice. You mentioned Shadab Khan. He gave 54 runs to Ireland and he didn't collect a single wicket from them. He needs to practice more. And you are right Andy Balbirnie is the Hero of this match he played really well and he made 77 runs on 55 balls and he hit 12 boundaries including 10 Fours and 2 Sixers. Congratulations to the Ireland team. I hope they will continue this performance.
Pakistan had a disappointing start in this today's match. Seeing their performance, there was a feeling that they would lose in this match as well. But from that situation, Pakistan is in a slightly better place. The team collected 125 runs for the loss of just 2 wickets and to reach the target they need 65 runs from 43 balls which is not a difficult equation. However, there were concerns about how Pakistan performed in the first match, by which fans feeling quite disappointed about the match. A better performance is expected from Pakistan team. The Ireland team is performing brilliantly, I never imagined they would perform so well consistently.
155  Bitcoin / Bitcoin Discussion / Re: Have you successfully influenced someone to invest in bitcoin ? on: May 12, 2024, 05:14:10 PM
Well, I once invited someone, and he managed to own some assets at that time. However, since the price of bitcoin has dropped, I think he has gone out and looked for other investments. Well, he was grateful, but right now, I think he has another job. However, up to now, I don't want to invite anyone, but I just explain what I know. Sometimes, when someone is invited to invest in something, they do something out of line, such as trading with what they can't afford to lose, then blame the person who invited them.
I felt the same way too. I usually tell my close friends about bitcoin way back then, but now I decided to stop doing it because at the end of the day, instead of helping them and be grateful for it, I end up becoming responsible of their losses even if they know from the start that I never fail to warn them how risky bitcoin investment is.
I suggested one of my friend for Bitcoin investment who invested in Bitcoin but since then the price of Bitcoin has dropped significantly. He was patient when I asked him to wait patiently but after waiting for a long time when the investment was not recovered he accepted his loss and withdrew his investment. But the interesting thing is that after a long time he came to me again for bitcoin investment advice. I have encouraged a few others to invest, they have invested in bitcoins and there have been some bitcoin holders. Who are gradually increasing their holdings. But I don't encourage everyone to invest. I recommend investment only to those over whom I have control. Because a small mistake here can lead to big losses. I try so that no one can blame me.
156  Bitcoin / Bitcoin Discussion / Re: Share your top mistakes in crypto - learning from others experiences! on: May 12, 2024, 04:53:27 PM
It is normal to make mistakes for learn and it is abnormal who doesn't make mistakes. New crypto investors will make mistakes and learn from them. I too faced some mistakes after joining the cryptocurrency space and later learned. My first mistake was that I thought too long about which coin I would select. My mistake here is that all coins are not Bitcoin. Holding all the coins won't get me to my target. Again after investing from a coin I made more than expected from there which was another big mistake. These types of mistakes are not made by any specific person but almost common. However, with the gradual increase in crypto related knowledge, those mistakes have been resolved.
157  Economy / Gambling discussion / Re: Gambling Management on: May 12, 2024, 04:21:02 PM

I can relate on the opposite side. For me, it's easy to walk away when I'm winning but when I'm losing, I don't want to walk away, I'll continue to gamble until I'll be able to win by my losses

....

problems like this are often faced by gamblers where they prefer to keep gambling even if they lose compared to walking away from it. it can be said to be greed to win, where someone does not have full control over themselves when they lose at gambling, they only care that they have to win at that time. this condition is quite a bad thing for gamblers, because if it continues it will become an addiction and the longer it goes on, the worse the condition will be if it is left.
A gambler cannot be called an addict if he can stop at any point. Those who are addicted gamblers can never take losing easily. Even if they lose, they feel that they have to recover their lost money immediately. As a result of their misconception, they are gambling day after day. Some to recover his losses and others to win. Either way those who lose control over their gambling become addicted gamblers. There are some addicted gamblers who gamble after a loss with the intention of recovering that loss and eventually lose their entire bankroll. Those who wish to conduct normal and healthy gambling must stay away from addiction and have good money management skills.
158  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: May 12, 2024, 03:54:11 PM
Lol, 10 overs gone and RR has been playing an odi game, are RR batters affected by heat or what? If that's so, whatever 170-80 target RR is going to give, CSK should be able to do it easily, because firstly they are gonna bat in cooler evening and secondly, in their last game against GT, they did well even with that opening disaster, 170-180 target is nothing.

It seemed that CSK would have to shown an exceptional performance to win the match. But the way RR batted today, they didn't need the win. They came to the field to follow the rules. The team held wickets and the wheel of runs from the start. As far as I know they scored only 13 runs in 3 overs. There is no point in discussing such behavior in T20 cricket even though there are various indications. However, if RR could have given a big target today, then CSK would have performed according to the target to win this match. If RR had scored 180 or even 200 runs, they would have won today's match. The team could have made the match more lively as they had wickets.
159  Economy / Speculation / Re: Bitcoin 190K in 2024? on: May 11, 2024, 06:33:10 PM
I don't think it's possible for Bitcoin to hit $190k in 2024, from past halvings I've seen bitcoin bull markets start 100 days to 150 days after the halving starts. But current time and pig market has been held for about 20 days, many more left but next Bullrun will start from 2025. Maybe by the end of 2024 a maximum of $100,000 will be more likely.
Looking at the current market conditions, it can be assumed that the market is going to be somewhat stable at this stage. After observing the direction of subsequent movements we can make a reliable estimate of the level of Bitcoin price movement. However, it is difficult to predict the price of Bitcoin. But there are many of us who would agree that Bitcoin price is not going to $190K early . Of course we need more time for this. Each halving brings the message of a Bitcoin price increase. The Halving we saw last few days ago is no different. But we have to wait. We may see a bull run towards the end of this year but almost everyone has the same view regarding the next year. There is still a lot to happen as this year is still a long way to end.
160  Bitcoin / Bitcoin Discussion / Re: When is it right to invest in Bitcoin? on: May 11, 2024, 06:13:02 PM
There is no fixed timeline for investing in Bitcoin. An investor can continue investment activities in Bitcoin as per his convenience. Investors need to have adequate knowledge of when to buy bitcoins from dips. Those who can make a good assumption about when an investment is likely to earn a good profit are more likely to profit from Bitcoin. There is no substitute for acquiring Bitcoin related knowledge when planning with Bitcoin. The plan is relatively simple for those with a basic knowledge of Bitcoin. It is said that in order to invest in Bitcoin, you need to know about Bitcoin and when the scope of knowing about Bitcoin increases, then the knowledge about the proper time for investment will also increase.
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