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1421  Economy / Gambling discussion / Re: Gambler avoiding friends after a big win. on: November 15, 2023, 11:03:51 AM
After all I finished with my bet headed home and was asking myself what could the colleague act that way avoiding his close friends they all gambling together and just because luck shines on him first he decides to create a distance and class. I couldn't actually annex a good reason why anyone should do that.

Probably you didn’t know what’s the customary when winning a huge win. Probably the person who won the prize wants to enjoy himself the prize money and wants privacy because you will tons of requests asking for share on the huge profit since they are acquainted to you. It’s some kind of socializing to maintain good connection with the community.

I will the same if I win huge jackpot since your life might put into danger once you soak in on that spotlight since having a money comes with greater risk of being robbed.

His friends gonna rob him?  Or maybe he avoids them because those guys are bad luck. Grin

We can only assume what the guy is thinking but these are never facts. He could just be needing another set of new gambling friends since he now can afford to become a high roller.
Something bad is going to happen to him thats for sure. If he avoids them for good then he will not have good friends anymore. Sooner the new friends he would meet are the ones with motives.



Some speculations that they aren't that close to call them friends, Maybe you're right that those guys are bad luck to the winner? Kidding aside, We will know the reason behind this topic if The winner itself explain his side why he avoids his friend after the winning. If I were in the situation, I would choose to remain silent even they knew that I won the prize, just to protect my privacy but I will treat my friends as a token of my appreciation for being them as my companion while gambling.
1422  Economy / Gambling discussion / Re: What percentage of bitcoin investors are gamblers ? on: November 15, 2023, 10:37:02 AM
It is impossible to determine what percentage of bitcoin investors are gamblers because there are many gamblers who gamble but keep their information secret. These are more difficult to extract through online gambling also those who think that gambling is high risk prefer investment and do not use bitcoin for gambling. No one can give any exact guarantee of victory here but even if a new investor holds bitcoin for long term he will get profit if the price rises. That's why most gamblers think it's the right decision to invest bitcoins instead of wasting them by gambling.
That's what I thought, I have no idea about the percentage but one thing is I know, that most crypto gamblers are aware on bitcoin and has an investment too. I agree in your statement that it's difficult to extract because mostly investors and gamblers doesn't use their real Identity or they keep their information for their own privacy. I've read one of threads here in gambling discussion section last time that more people are using bitcoin holdings for gambling rather than fiat and I think it depends on your preferences but for now, We are all aware that the bitcoin price is increasing it's value, does anyone still using it for gambling?
1423  Economy / Economics / Re: Free Investment tips on: November 15, 2023, 10:14:55 AM
I don't think that investment is job. Investment is one way to earn more while you have regular earning from what you do for living. Investment is more about trust in the business which is able to give profits for our business capital. having big effort to do investment shows the lack of trust. You dont need to dive deep into the business you want to invest, that's what you do for work, not for investment, but indeed you need know enough the business you want to invest you money. earning profit from the investment is a good experience of trust, and that is the thing you use to decide on your next step of investment.
If you invest money in something and continue to work, then you can hardly be called an investor; it is rather an attempt to get additional income. And if you can live off your investment, and it generates enough profit, that can cover all your needs and increase the number of assets that can generate additional profit, then you can say that you have become an investor.
I don't think they can hardly be called an investor just because A person invest into something and still having a stable job. We all know that all major investors in an Economy are some Business owners too, meaning they are still working. So what should we call them then? It's not an attempt to get additional income, more likely- they proves that a person is financially literate because they know what is the right thing to do with their money, Take note that having a job is not permanent so it's better to have it and start to invest so they can retire from their work at early age.
1424  Economy / Economics / Re: Fiat & Crypto - Effective Expert Advise on: November 15, 2023, 09:59:17 AM
Reading the replies here make me confuse about what advice what are you looking for, but as I understand, you currently only get enough income to meet your needs, without any spare money to be invested in crypto. My only advice would only be to reduce your spending, and trying to get more income, either by doing side hustle or keep trying to get a new job with higher salary.

All that being said, I believe we always able to reduce our spending if we want to, even if you can only spare few bucks for crypto investment if you do it regularly with discipline, doing DCA, you will eventually can get some profit.
As per OP, He/She seeks an advice for some individuals who generates enough income but want a financial stability in life, For me I will advice reduce spending too or seeks Alternatives in expenses like do not live within your means only if you have an exact monthly income, Try to save and have a self discipline in handling your finances, By that you can save some amount that may be use in investing in crypto. One way to become financially stable is to upgrade your skills and net worth or by having Multiple job or business.
1425  Economy / Economics / Re: Why is it difficult for people to get capital easily? on: November 15, 2023, 07:14:22 AM
It would be hard and difficult for those low income earners since saving for investment is not only their concern, but as well as providing their basic needs if not for themselves but for their family as well. So you see the expenses on the family is even bigger that its rare to save for your own future plan or investment plan. However, if you are a high average earner, expect that you can easily achieve your target on your investment capital, as long as you don't have unnecessary expenses for yourself or for your family.

However, the real challenge in your investment is not actually the amount of capital but the amount of knowledge and skills you put into your investment. The success rate depends on how you manage your investment, and how you deal with its high risk especially if you are dealing with bitcoin investment.
Honestly this is true, It's hard to save money especially if you're in a low income earners because you have to budget it carefully for all essentials and necessities in daily life that's why Even if we really want to start a business or save for a capital, we can't. In this time, you really need to have a high income so that you will have extra money for savings, investments and other things because if not, you'll stuck in being survival mode in life, living pay check to pay check.
1426  Bitcoin / Bitcoin Discussion / Re: Every man you failed to lecture about Bitcoin can be a victim to scam on: November 14, 2023, 12:01:11 PM
Though it's natural to feel bad in this situation, I think you shouldn't beat yourself up for that. The thing is, there is nothing wrong in teaching someone about the dos and don'ts of Bitcoin or cryptocurrencies if they approach you themselves because when someone does that, it means that they at least have some interest in the topic and that's why they are asking and in that situation, we shouldn't back off and give them whatever knowledge we have as that's the least we can do for them.

However, I don't recommend approaching people who are not interested in Bitcoin or cryptocurrencies and trying to teach them about it and forcefully make them invest money in them because in that case, if they do make investments and eventually lose money, you will be the one who is responsible for that.
Exactly! That's why it's quite difficult to teach or spoon feed others particulary those who aren't interested in this matter  because once they encounter a problem about their investments, there is a possibility that in the end they will blame you for what may happen. Better to give them an introduction and basic background about crypto and bitcon and let them do the other task for theirself, Im not saying that you have to be mean to them but they need to learn on their own.
1427  Economy / Gambling discussion / Re: What according to you should be the age to retire from gambling ? on: November 14, 2023, 11:45:29 AM
There is no retirement age for gambling, one can play according to his own ability and needs. Gaming rules and age limits vary depending on the type of gambling performed on designated states and tribal lands. But gambling is usually for an adult as their intelligence is a bit better than their elders can control everything quickly. As an elderly person gets physically disabled and loses their cognitive abilities as they age they cannot control everything easily. If the body and mind are not healthy then it is never possible to gamble it will put more risk. Therefore before playing in old age they should be taken into consideration and progressed as the bet in youth will not be managed in the same way in old age gambling patterns are changing.
You have a point mate, We can say that there's no limit retirement age for gambling as long as you have a fund for that and be sure that you won't suffer in any financial losses and personal problems. Once you're on you retirement age like into 50's to 60's, People should enjoy and make time to theirself so that they can fullfill some chapters in their life and If Gambling is one of the things in their bucket list, then do so. it's their life, as long as they don't step on anyone and they don't perverting anything, just do whatever they want.
1428  Economy / Economics / Re: How do you work toward hodling bitcoin? on: November 14, 2023, 08:34:29 AM
If I understand correctly. You want to build a business with BTC, sell products/services and collect the BTC from it. If it's so, first of all not all businesses succeed. If you have got faith in btc, which appears you do, why not just hold onto btc, why make this unnecessary fuss of selling and collecting again?
I think there's a lot of possible ways to build a business while securing your btc holdings. People should learn how to earn multiple source of income and if you're planning to build a business, make sure you have a budget for it and that your money will not be diverted to investments.
having a business is important to a person because you'll be able to work in a field that you really want and it gives you a freedom to put your skills and k owledge in terms of what business you want to build, Same as having an investment because it allows your money to outspace inflation and increase its value.
1429  Economy / Economics / Re: Being rich = not looking at price tag on: November 14, 2023, 08:16:00 AM
Well I am not rich but I do know some people that do have alot of extra money. And they can be some of the most cheap people there is.
Some of the time people are very rich is because they do not spend alot of the money they have. So if they are cheap with their money they will have more.
I think if I was a rich person I would still look at the price tags. I want to get a good deal and not think  I am being taken advantage for just since I have alot of money.
that's how people being wise in budgeting and savings, They keep on saving and investing so when the time came that they need money, they have something in their pockets. Example on what happened last pandemic season in our country, government announced lock down then all of a sudden, people goes to Supermarket and grocery store to buy stock foods and essential without hesitation and without having a budget list and it doesn't matter to them how much the total cost as long as they already secured their needs during the lockdown. In that way, you'll see that those normal people we don't think have money are actually rich in a simple way.
1430  Local / Altcoins (Pilipinas) / Re: Mga ragnarok classic gamer maganda ito on: November 14, 2023, 06:45:24 AM

tama , kaya naman lumakas sa grinding pero still hindi sapat sa kayang ma attain ng mayayaman , and ung isang taon nating i grind eh isang oras lang nila kaya napaka unfair na at wala na talagang challenge , mahilig pa naman ako sa FPK sa mga ganyang games , kaso pano ka makikipag Duel or FPK kung sobrang mga halimaw ang katapat mo  Grin Grin
tayo ang target nila lalo na nababasa ng AI ang mga search natin kaya ganon nalang ang labas ng kanilang mga ads sa accounts natin , kaya tuloy di na ako interesado sa mga ads at binablock ko na agad mga ganyang lumalabas.
Buwenas nga yung mga nakakakuha ng card. Sobrang baba ng drop rate ng cards kaya tumigil na din ako, naenjoy ko naman yung laro pero nakakadismaya lang talaga na yung iba basta nakaavail noong bot/auto nila, easy na sa palevel. One time pumunta ako sa mapa na free PK, ayun dedo agad ako dahil daming items at taas na rin ng level ng mga nanti-trip doon.
Kaya nga , parang biglang nawala yong mga gana natin , hindi dahil sa wala tayong pang gastos kasi minsan sa kaadikan kaya mo talaga mag ubos ng pera lalo nag na enjoy mona ang games, pero nakita ko na parang one sided na eh parang naka design na ang games sa mga DONOR na tinatawag or Donator sa iba kung tawagin , though totoo namang sila ang bumubuhay sa laro pero sana hindi ganon kalaki ang diperensya ng regular players sa donators.
though Ok na din siguro na nangyari yon dahil at least nabawasan tayo ng pinag kakaubusan ng oras at makapag focus sa pagkakakitaan.
Sa totoo lang mas madami ang magagastos  mo sa larong ito kaysa sa earnings lalo na totoong mababa ang drop rate ng cards. May pinsan ako na nag sspend ng almost thousands din para sa mga items, Nag eenjoy naman sya kaso tumigil din after ilang years kasi naisip niya na hindi worth it pag gastusan dahil hindi naman sya kumita, hindi naman nya masasabing sayang kasi nag enjoy sya sa paglalaro lalo na kasagsagan ng pandemic and lockdown.
1431  Economy / Gambling discussion / Re: Health Benefits of Gambling on: November 14, 2023, 06:23:18 AM
You can only reap the health benefits of gambling if you're gambling responsibly and there's no pressure to win when you deviate from this you will feel the pressure to make money which will result in headaches and depression.
Our doctors recommend that we do all things moderately and we should do things in good spirits you can do this in gambling if understand the fact that you cannot win all the time in gambling and your chances are when you're lucky.
So next time you are in front of a gambling table or dashboard be sure to have fun enjoy the game and don't mind about the profit you will feel fine and enjoy the health benefits that come from gambling.
 

There is no actual health benefit to be gotten by most people from gambling. People who play recreationally and for fun would probably have some stress relieved from their bodies as they’re doing something they enjoy doing.
This isn’t the case for everyone as people gamble for fun as well as a host of other reasons. I think any stress free pastime activity that an individual enjoys doing would naturally relieve stress in that person. These health benefits are not beneficial for everyone and not solely gotten from gambling as an activity.
You are right, there are many ways in which we can eliminate our stress other than gambling, but at the same time it does not really hurt to have an additional source that we can use on demand.

Since it is well known that chronic stress not only affects our emotional well-being but it can also affect our overall health as well, so it is important to find ways to get rid of that stress, and if some people can accomplish this by gambling a little bit then that is a small price to pay for such a health benefit.
It's totally okay if you are using gambling as a way to reduce stress but you're right that there's a lot of other ways to eliminate it however, sometimes once a person used to do a thing, they are comfortable to repeatedly doing it without thinking the consequences, plus the fact that they can earn money while stress free playing. Sooner or later, they wull realize that gambling will give more stress to them once they see that they are frequestly losing such amount.
1432  Economy / Gambling discussion / Re: Is Gambling Generally An Illicit Activity? on: November 14, 2023, 04:44:19 AM
Basically gambling is an activity that is prohibited and if someone does it and is caught they will most likely be punished or sanctioned, but why is gambling still sought after by many people, because they see that in gambling they will get pleasure if they do it. lucky or winning. and of course they will also have fun there.
If there is a country that legalizes gambling, I think people will definitely be free and play as they please without thinking about punishment, but if that country prohibits casinos then it is very likely that people will play in secret, for fear of being discovered. police.
Casinos and any gambling activities are legalized nowadays so there's no reason for them to hide and to play in secret, unless they are participating in any illegal gambling sites that aren't registered or no authorization to operate. Sometimes they call it an Illicit Activity based on their Religion because some religion are prohibited to linked in any gambling activities or anything that money and obsessions are involved. also one of the main reason why people see it in a negative way because they know that some people  had an unfortunate and ruined life because of gambling addiction.
1433  Economy / Gambling discussion / Re: Your parent disinherit you eventhough you have not proven to be chronic gambler on: November 14, 2023, 04:11:20 AM
There are legal regulations in country that regulate inheritance rights which can be revoked if the owner of the inheritance rights or child has made big mistake, but this all also depends on how the parents respond to their child mistakes.
I don't think it appropriate for parents to revoke their children inheritance rights because they carry out gambling activities and everything can be resolved until there is the best solution, such as providing special requirements that have been officially given to legal representatives.
Honestly, I have never heard of case like this where parents disinherit their child just because he is gambler.

And things like this will cause conflict between family members and result in disputes or hatred in the future.
As parents, you must be able to provide fair treatment to each child, even though the distribution of inheritance rights is full right that parents have, they still have to be able to provide the best for their children.
Since I have no background when it comes to legal advices, its better to consult in any legal professionals, but I think parents has the right to not give a child an inheritance right as long as they prove that their child is a chronic gambler, I dont think parents doesn't have basis why they say that their child is in that situation, maybe they are so fed up and they always see their child in a gambling situation, They conclude that once they give their child an inheritance, it will lose quickly because of his/her Gambling addiction.
1434  Local / Pilipinas / Re: Nirerecomend Mo Ba Ang Article Na Ito Sa Mga Baguhan Sa Bitcoin on: November 13, 2023, 01:30:58 PM
Iniisip ko kung ano ang point ng article na yan in terms of 400 times ng namatay ang Bitcoin. Ngayon ko lang nalaman yang article na ganyan honestly speaking lang naman. May mga nababasa ako before dito sa forum na ang title is Bitcoin is dead, pero siyempre ang iniisip ko lang naman kapag may nagsasabi ng ganyan ay strategy lang marahil nung tao na sa palagay nya ay babagsak ang price value ni Bitcoin sa merkado.

At kapag ngyari ng bumagsak ay siya naman nyang sasamantalahin na bumili ng madaming bitcoins then sila naman maghold sa long-term parang ganun lang yung logic na nakikita ko sa bagay na yan honestly speaking.
sa tingin ko lang mate at sa pagkakaunawa ko , ang laman ng articles is kung gaanong beses na maituturing na halos dying na ang Bitcoin but proving it can grow back to what is the recent , meaning mga ups and downs na pwede na sana sabihing kamatayan na .
at patunay lang din to kung gaano katibay ang katatagan ng bitcoin in terms of people support and usage so ang essence is may magbebenta at may bibili , and ang dulo eh lahat ng naniwala at nagtiwala ang magwawagi.
so wala pa ding tatalo sa Holding ng bitcoin for long term mate.
Ganito din ang pagkakaintindi ko, pinapakita sa article na ito yung katatagan ng bitcoin na kahit ilang beses na syang halos bumagsak, dumating padin yung days na umangat at mas tumaas pa ang value nito, meaning ay walang sayang or tapon sa mga nag invest lalo na sa mga nauna na naghold na maraming bitcoin. Proven na it's good for a long term investment lalo na sa mga risk takers and naniniwala sa kakayahan ng coin na ito.
1435  Economy / Gambling discussion / Re: Do you gamble because you don't have sufficient money? on: November 13, 2023, 01:18:12 PM
Gambling sometimes appeals to people who don't have enough money because it presents a chance to change their financial status like me. I'm hoping for potentially solving immediate financial issues or providing a sense of escape from my current circumstances.

Despite the risks involved the possibility of hitting a jackpot or winning enough to address financial struggles can be a strong motivator. It's a way for some to dream of a better future even if the odds are not in their favor.

There's nothing bad if we are making money through gambling, what we should also have in mind is the acknowledgement of times that we may not be able to have this same experience over time, we know that gambling is full of risk, we cannot also dispute the fact that so many people were already loosing or making out their money through gambling despite knowing that it's not a means of making money, but when we realized such opportunity in it to make money, we shouldn't hesitate to grab such because we are the same person who had always been gambling with the money we have.
Yeah, There's nothing wrong if you're making money through gambling but be reminded that this shouldn't be treated as main job or something that helps you in a day to day expenses. Sometimes people hoping to win because they didn't have money left in their pocket which is not a good thing to do because in the first place, you should know your limitations and you should be aware what will be the outcome once you lose money in gambling repeatedly.
1436  Economy / Gambling discussion / Re: Question for those who loose too frequently in gambling on: November 13, 2023, 12:14:54 PM
I always tell people to not do this because this will only make them go deeper and deeper into the ocean of gambling addiction, and one day in the future, they will have lost almost everything they have ever had and then there will be no point in regretting since nothing will come back once it's gone.
Sometimes not many people want to listen to anyone's advice if they originally intended to gamble to make money and win, let alone advising people who have become addicts, it is difficult to tell them that whatever they are chasing and doing is to recover their losses or find what they hope for. it's not as easy as what streamers and gambling influencers usually show, it's all fake

Moreover, why are there still people who still think that gambling can make you rich instantly even though it is clear that around us most of the gamblers are not necessarily successful and rich, most of them go bankrupt and fall into serious addiction, I am also sometimes concerned about the situation of these people. gamblers like that even though they should be able to enjoy gambling only as entertainment.

It seems that they already exceed from the suppose budget both time and money, getting to into addiction is not by far if you treat gambling as a source of your income, you are aiming for something that will going to generate money instead of having some entertainment and not to pressure yourself but instead to enjoy every sessions that you play.

Listening to those advise are commonly disregarded by people who thinks that they are just fine and they are still doing the right thing, but in reality, they are already attached and engage too much.
Exceeded from the supposed budget will get into something not right, maybe addiction or being in debt. I always say it to other, that gambling should not supposed to treat as a job or main source of income because it will lead you in obsession in the long run, which is not healthy in your physical and mental health but some may not follow these advices because they have their own strategy on how to manage their gambling habit.
1437  Bitcoin / Bitcoin Discussion / Re: Bitcoin and misinformation on: November 13, 2023, 08:45:30 AM
snip

It's so true. Today's people want you to have proof to show them so they will believe what you say. Scamming is also widespread today, so we can't blame them for their behavior. Maybe those people that are so hard to believe have experienced a scam before. So if they want proof, just provide it.

There are scammers who can provide more proof than those who don't, so sometimes they are still confused if the proof is real or not. But even so, it's still gratifying because there are still people willing to learn about Bitcoin.

OP is not the only person I see trying to share and educate people about bitcoin after they realized what they were missing with bitcoin. But I think what they should do better is focus on themselves first instead of thinking about bigger things. Because if they have not had any achievements with bitcoin, sharing bitcoin with others will not bring the results they expect. Instead, they should find ways to improve their investments first, and then they will have enough confidence and enough evidence to convince anyone without too much difficulty.
Sad but true, Once you educate a person, they will never believe you unless you have a proof of what you've accomplished in life or how bitcoin affects your life.  It's more like they want to see the reflection of bitcoin to yours before you convinced them that bitcoin is not a scam or what. So for me, it's better to focus in our own crypto journey than sharing it to others, I've done my part and it's up to them if they will going to believe me or not. It's easy for them to make a research, I dont want to spoonfeed others.
1438  Bitcoin / Bitcoin Discussion / Re: Would you rather make your investments in FIAT or CRYPTO? on: November 13, 2023, 08:33:01 AM
The crypto market has a high level of volatility. Anyone who is about to make an investment needs to have a good understanding of the volatile market. Now the question is, even with volatility, will you still choose to make your investment in fiat through bank savings with regular monthly interests or rather make your investments in crypto where you hold your asset and still have the opportunity to save and make monthly interest?
I chose both of them because it was a good thing to do as it was too risky to just put our money solely into a single form of investment. But I put more on fiat investment over crypto even though we think that crypto investment is profitable because of its safety assurance. I don't save money in the banks either as I use them for investment, maybe just for now while still working on it and keep on growing.

Anyways, we have to choose the kind of investment that we have the knowledge and we think that we can manage it properly as this will be our assurance for success.


Same to you, I always stick to diversification method and I absolutely invest on both as long as I have my money to invest since both of them is doing good and every investment always comes with risk that's why it's better to not put all your eggs in one basket. When it comes to stability, I agree that fiat is far more stable than bitcoin.
1439  Economy / Economics / Re: Bitcoin Is Better Than Digital Gold on: November 13, 2023, 05:17:14 AM
The OP said digital gold not physical gold bars. Such an asset would have to be stored on a custodial platform - which can never be transacted with, only held - which of course will require you to complete KYC in order to access your gold holdings - which it may or may not have depending on the trustworthiness of the platform.
By gold we mean physical gold because I think gold can never be virtual. You must understand the gold that I am talking about,the gold that people use, the gold that people use to make ornaments, I am talking about that gold. OP clearly tried to differentiate between gold and bitcoin here. It's fine to find the difference between Pepsi and Coca-Cola but when it comes to finding the difference between gold and bitcoin I don't think I can find any difference because the two are different and the real character of the two is different. Just as Coca-Cola and Pepsi make lotus drinks and their categories are the same, Bitcoin and gold are not the same category, so it is difficult to distinguish between them.
That's exactly what I thought. I mean, I dont know if there's Digital gold though, but If we try to compare the Physical gold and Bitcoin, definitely there's a lot of differences. when it comes to stability I prefer investing in gold which focused in long term goal just like bitcoin but it doesn't require constantly monitoring because everyone's aware that gold value increase from time to time, And about investing in bitcoin, actually it's good same as gold but this is applicable for High risk takers investors and it requires monitoring and checking the market price because its value is volatile.
1440  Local / Pilipinas / Re: Opinion: Pag invest sa Bitcoin gamit ang Maharlika Fund on: November 13, 2023, 05:02:05 AM
Napanood ko sa balita na sinasabi ni BBM sa Saudi Arabia na hindi naman daw suspended ang Maharlika Investment Fund kundi postponed lang at inalok pa nga niya sa mga Arabo yung MIF. May pinirmahan daw siya na $2.41B na worth ng investments galing sa Saudi. Pero puwedeng sabihin na ganun nalang kahit walang proof. Pero napanood at narinig ko din naman na mismo galing sa ministry of investment ng Saudi na parang kinokonsider nila tapos inaalok din nila mga ibang investors na kapwa nila Arabo.
Nabalitaan ko din ito kamakailan lang, pero wala pang nirerelease na document about sa pinirmahan niyang investment worth $2.41B from Saudi internationals. About that, I think its okay na magkaroon ng sovereign investment fund kung hindi tayo kukuha sa mismong Bank natin like Landbank and DBP dahil till now, hindi natin alam kung saan gagamitin talaga ang mga perang uutangin for Maharlika fund. Well, pledges are made para hindi mapahiya ang bumibisitang presidente sa ibang bansa.
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