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1561  Economy / Gambling discussion / Re: A day to celebrate and pay tribute to casinos? on: June 08, 2020, 04:53:57 AM
Is this for real or some kind of joke? Pay tribute to casinos because they give benefits to us?
If you haven't figured out so far their motive is to make money, casinos are business not charity or social care.
Of course that people enjoy gambling and have fun, that is how suppose to be but at the end of the day both gamblers and casinos want to make money.
Just that at the end casinos are in much better position.


Maybe he don't know the reality of gambling. Gambling is really the common reason why we lost our money and why we become more irritable and stressed. Yes, it can give us money if we win, but the probability of losing is much higher than winning. You need to understand that gambling is never a source of profit, it should not be treated as a quick-rich scheme, yo should not rely on gambling if you really want to earn money.

We should not celebrate and pay tribute to the casinos because those owner of the casinos are getting benefit for us. They are making money because we lose all the time and that's the reason why people are stopping themselves from gambling and that's the good thing.

It is much better to invest than spend my money in gambling because it much safer in investment rather than losing my money in gambling.
1562  Economy / Trading Discussion / Re: do not give up keep trading! on: June 08, 2020, 04:21:31 AM
capital is gone then people will give up, it has also happened to me,
and makes me think mistakes are teachers, and now I use less capital to reduce risk

Less capital, less profit. So think of other possible ways on how can you minimize your risks using any amount of capital. You just need to deal with that, you need to make some strategies that will make you grow in your trading assets. Everyone should know the essence of knowing how to do risk management in a trading transactions.

Making reasonable strategies and plans before making transactions can really help you whenever you trade depending on the market. Always practice good decision making and never give up when there's a failure and mistakes in your trading. Learn to grow and become more effective just by reflecting on your results in trading.
1563  Economy / Economics / Re: What opportunity costs will governments take. on: June 08, 2020, 03:47:42 AM
First i get shudders when ever I imagine something like this -pandemic- resurfaces again, I am tentatively suggesting the first thing government to look into is the medical/health sector this -pandemic- has exposed many limitations of health sector, why said tentative suggestions is that something might come before the medical sector but on till then. Government has failed the health sector in many ways and the reality of the virus was a needed calamity so government can recognize that.

It's just sad though that this pandemic is really a wake out call for governments to look into the medical/health sector. And for the record, at least in our country, majority of those who have been infected and died are doctors and nurses who are in the forefront of the fight.

In our country, the government is so messed up and they don't do what they should do to fight this covid-19 and survive this pandemic. We just need to become thankful for the frontliners who are risking their lives just to do their duty, but not for the governments who are not supporting and appreciating the sacrifices of our doctors and nurses.

The government should stop corrupting the national budget and should allocate those funds in the right place at the right time. Health sector should be the priority of the government but they are not doing that because of not taking the Covid-19 seriously. They are focusing on some other issues that are really not necessary during this time.

As for the opportunity cost - what other options do you have right now? It's either the government reopen and relax the lockdown or re-open slowly just to make the economy moving. At the end of the day, there will be cost to weigh-in, all industries are affected.

As there are still a risk of getting the virus, people are still getting scared going outside just to do their thing. This opportunity cost can somehow help our economy but not that guaranteed that it can make us economically stable and recovered. The government should not stop right there, they should think of other possible solutions for that.
1564  Bitcoin / Bitcoin Discussion / Re: Bitcoin Future Prediction Because of Hacking/Scamming on: June 08, 2020, 03:16:53 AM
Hacks and scams happen with fiat money too, but no one doubts that the banks will keep existing and operating despite those things. Why should it be different for BTC? It's not 2014 anymore, Bitcoin is bigger than exchanges. Even if a major hack will happen, Bitcoin's price will recover, and the network itself is never affected by things like that. Altcoins often get shaken by such negative events because they are really small, their markets lack liquidity and their communities have little members compared to Bitcoin, but Bitcoin is on a whole another level.

We are all prone of scammers and hackers no matter what currency you're using, because different platforms have different flaws. We just need to make our accounts more secured to prevent hackers to have an access with out accounts. Bitcoin is really the most target of those scammers because of its value in the market that no other thing can surpass these days.

You can also lose fiat money, but it is more dangerous than in digital currency. In fiat, you can lose your life if you don't give your money immediately, but the only difference is that you are not knowledgeable if your digital currency are being stolen by other people.

That's the reason why the volume of people who are accessing their bitcoin are becoming lower because of fear getting scammed and hacked. Hopefully, this wrong doing will become punishable by law and can be easily detected by the authority.
1565  Economy / Gambling discussion / Re: Manny Pacquiao Might Fight Golovkin on: June 07, 2020, 05:17:38 PM
>>Manny Pacquiao vs Golovkin (Proposed)

Manny Pacquiao is campaigning at 147 lbs while GGG at 160 lbs. Manny is 41 years old and GGG is 38. Both fighters are on a downhill of their career.

IMO, even if the fight will take place at 154 lbs, Manny would still lose as GGG will be too big for him though a little slower than Manny but he is a heavy puncher and a single punch from him would slow down Manny. I'm a Pacman fan and personally i don't want this fight to happen as this would damage Manny's health.
This is the real take on this match up, Manny Pacquiao is not a match up for Gennady Golovkin because of the size difference and there is nothing left to prove for Manny Pacquiao at 41 years of age. He is still fighting to raise money for his charity works and he should not fight bigger established fighters, i am fine Manny fighting new fighters to raise money but not GGG.


I think Manny Pacquiao can still dominate his opponent because of his speed and being furious inside the ring. I know that there are people who are saying that Pacquiao is already old and he is not in his prime now. Golovkin is really a great fighter and is unpredictable in the ring but we can't conclude a result.

This matchup can really make a lot of money because people still want to watch money inside the ring. He is a crowd favorite and he is really relentless and he respect his opponents with all his personality. That's one of the traits that i'm looking for in an athlete.

Sometimes we just really to think of the possibilities that Manny Pacquiao can still fight even if he is already not that fast enough to dominate his opponent. Goodluck to the both of them!
1566  Economy / Trading Discussion / Re: Humility helps your trading capabilities on: June 07, 2020, 03:08:19 PM
I say this because a proud and arrogant trader to the market, will have a trouble looming ahead trading because over confidence in trading leads to losses.
Yeah! Because in every aspect, "too much" is not always good. There's no problem for being confident because it gives you the feel of positivity making your trading lighter and less stressful but when it becomes too much that's where the irregularities enter. You tend to get comfortable and slowly forgetting the risks you are dealing with. This emotions might lead you to making mistakes since you are too ecstatic. Money talks should be taken seriously, stay focused because losing is not a joke Cheesy.

In trading, you always need to keep your feet on the ground you don't need to brag other people about your trading skills. Good communication is really necessary and the best tool for you to have an effective transaction. You need to level your attitude depending on the person and always be kind to everyone.

When we talk about money and trading, you should become more wise and knowledgeable about that thing. People are really flexible and adaptive when it comes to trading because all of us are rooting to become successful in it. Although trading is not that constant in giving us profit, this should not affect our mental health and how we deal with other people.
1567  Economy / Economics / Re: COVID-19 Impact on the Indian Economy on: June 07, 2020, 08:14:34 AM
when talking about which countries are most affected by corona, then I say the US is suffering the most.  Indian government must impose "NEW NORMAL" which will soon be done by many countries because 'LOCKDOWN "is not an effective policy for the second-most populous country in the world after China.
If there was an alternate solution, the world governments would have already adopted it, but lockdown is the only effective solution which is why it is still a necessity currently.

US really suffered the most in terms of the economy and financial status, they are not prepared and the spread of the virus in their country is extremely fast. No one is expecting that this virus will strike almost all of the countries around the world. Even India, which is the 2nd largest population are having a hard time controlling the virus in their country.

They should really follow the LOCKDOWN and the rules and regulation that are enclosed to it. People should become more disciplined so that the government will become less pressure in supporting its community and the people who are relying on them. The world governments should help each other recover and grow, they should support each other to survive this pandemic and lessen the intensity that it brings to us.

1568  Economy / Speculation / Re: Continue to Hold your bitcoin on: June 07, 2020, 07:28:42 AM
I will still hold my bitcoin if the price does not increase so high because I want to make another biggest profit as before. To do that, I will be patient to wait for the price to increase higher, and no matter if that will need more months to see it will happen, I don't mind to wait. But besides holding my bitcoin, I will use some bitcoin to trade to increase the amount of bitcoin that I have.

I believe this is the motive of every bitcoin holder and virtually everyone is very much anticipating for when the market will have another major bull run just like we saw in the year 2017. Using bitcoin for trading instead just leaving it in a wallet seems a lot cool but with how unpredictable the market is, it requires some level of expertise to make some tangible profit during this bear period and let's not forget how many people who have lose almost their portfolio due to trying to quick trade their bitcoin holding. Wish you success man

Yes, I believe we can see bitcoin price will be as what we saw in the year 2017, and it's only a matter of time before that can come to us. It is always recommended to use some bitcoin to trade because that will be the way for us to increase the amount of bitcoin that we have, so when bitcoin price increase so high, we will make a lot of money. But to get a profit from bitcoin trading needs to learn more lesson and not just a basic lesson of trading. If we can get more lesson, and we can practice, I am sure that we will prevent the loses and we will make a profit.

Thank you, and I wish you to be a success too.

Never lose hope and trust bitcoin with all your heart, believe in its ability to reach another all time high again since 2017, if that happened, maybe there's a time where it will surpass that price. It is your choice if you are not patient enough to hold a bitcoin and you want to spend it as soon as possible.

There's always a chance for bitcoin to increase its price depending on the market because it is volatile enough to vary in time. There are factors who can contribute to its changing in price so, you need to study the market to become more knowledgeable about when to buy, sell and hold bitcoin.

All of us want to become successful in the future so let's help each other grow by sharing informative advice or tips for those people who wants to learn more in investing in bitcoin.
1569  Economy / Gambling discussion / Re: Las Vegas Casinos are open - end of the Pandemic era. on: June 06, 2020, 04:00:51 PM
It seems there is no end to this pandemic in near future so the world is getting ready to live with that, almost every country starts doing the same, they are trying to being back all their economic activities so they can get back their income as well.But every individual should be careful because still there is no cure found we are just asked by the government to go on our own risk.

If people are keeping on being a stubborn person, the chance of being infected is really high for them. It is not that hard to follow the instruction of the government on how to prevent the spread of this Covid-19, they are just violating those rules and regulations.

No matter how careful you are in your surroundings, the virus are still unpredictable and you can't see it with your naked eye. This Las Vegas Casinos should not allow people that can make the casino crowded and make people unsafe.

Physical casinos should not operate no matter what is the situation in a certain place, unless, there is already a vaccine that can make you immune to the virus.

As far as I can see, it will take more years to have a vaccine that will make us safe from this vaccine.
1570  Economy / Trading Discussion / Re: THINGS THAT CAN'T BE TAUGHT IN TRADING on: June 06, 2020, 03:23:54 PM
Actually,special treatment to people  is a real asset to become a great investors and you must be alluring ,respectable and calmly through your own site and  figure .you need to dance according to the  tune I think this simple taught will bring yourself to become as one of the most richest people in the middle.

That's right, you need to have a positive vibe with the people you are having a transaction with. You should respect and communicate with them so that you will have an effective trading transaction in every person that you will work out with. Communication is essential in trading.

Teach yourself how to understand things that are new to you, learn how to adapt and adjust depending on the people that you will get interfere in trading. Also in investment, you need to always keep your feet on the ground so that people can easily reach you out.

Patience and discipline is also important and should be practiced by every trader so that you know how to perform in the right moment. Discipline will make you have a good decision making and right time to have transaction with so that it will become more worth it for you.
1571  Economy / Economics / Re: Bitcoin vs. Gold: which has been more of a safe-haven asset in 2020? on: June 06, 2020, 02:53:58 PM
I dunno, maybe the asset that didn't crash by 60% when the stock market crashed? It's a no-brainer to say that Bitcoin is not a safe haven when the data clearly demonstrates so. Even though Bitcoin has already recovered, the fact that it fell so hard clearly shows that it's not resistant to the influence of traditional markets. Gold also reacted negatively to the initial covid-19 panic, but that fall was tiny compared to Bitcoin, and recently it performed quite well and the price is higher than pre-crash, which suggests that it's a pretty good safe haven.
It quite strange that gold went down with markets in March. Since it is de facto a safen heaven, I would have expected that it went up since people were selling stocks and had negative perspectives (they should have bought gold).

Gold is really much better if you're thinking about the long-term investment, people are holding bitcoin because our technology is constantly advancing and people are really adaptive to it. But there are still people who find gold as the best source of profit no matter how long you hold it because its price can really be preserved and increase. In bitcoin, you need to manipulate it depending on the market because it is only for a short-term investment, but it still depends on the person who control his bitcoin. If you are knowledgeable about the market and you know when to perform transactions in bitcoin then it is more beneficial to you.
1572  Bitcoin / Bitcoin Discussion / Re: Why I like to learn and use bitcoin on: June 06, 2020, 02:11:04 PM
Very well said, bitcoin gives us a big help, there are many things that this bitcoin gives to us and that is why many people are still using it. Bitcoin is very well known in the very country those counties that use bitcoin would be really benefited in the future, as of now bitcoin is really helpful what more in the future, maybe one-day bitcoin could be a standard currency all over the world but I think that would take so much time, it needs advanced technology and knowledge for every people. On my own experienced it really helps me with my finances, it helps me to buy my needs and wants so blessed that I tried this kind of cryptocurrency.

Using and investing in bitcoin can really give us the brighter future if we know how to manipulate it properly. The only thing that can make us down is the market, so if you really want to career the holding of bitcoin, you should know how to deal with the market. You need to adjust and adapt depending on the prices of bitcoin in the market as we know that it is volatile and have no stable price. Sometimes we really need to become more prepared and have plans in order to become effective in using bitcoin in many aspects. It made me really save money for myself and for my future errands, this make me more comfortable financially.
1573  Economy / Gambling discussion / Re: The best device for online gambling. on: June 05, 2020, 08:40:18 AM
Well,  many of us have already appreciated the benefits of online gambling whether it be casino or even poker. But what device is better suit for it, mobile or  big screen monitor connected to PC?

I don't have much interested in Slots and the like. I'm more interested in Sports betting and some card games like Blackjack, Rummy, Poker etc. So, I prefer using a mobile device or iPad most of the time mainly because of the convenience to bet anytime you want. I rarely use my laptop to play some Poker and occasionally slots.

Sports betting is the best for me when you want to play online gambling, but there are sports that are cancelled and postponed so some online sports betting are not operating. I play poker and it is really good for me because I also want to play card games that is strategic.

Strategy-based games in gambling are more enjoyable because you can control your losses and winning but still luck is necessary. Luck can't be controlled, it will come to you some time but you can never control it. There are people who want to engage in physical casinos but it is not yet safe to go outside.

If I were you, I will just let myself enjoy this online gambling platform for the meantime. After this pandemic, I will limit myself from doing physical casinos instead I will do online gambling.
1574  Economy / Trading Discussion / Re: Trading is based on probability. on: June 05, 2020, 08:01:10 AM
Certainly, the probability is one of the aspects of trade, but it is far from the only and not defining it as such. Fundamental analysis is very important in trading, and thanks to it, a trader can increase the likelihood of success of his transaction.

In trading, the results of your trading are between earning and losing your money. The probability in trading can be controlled once you perform technical analysis in the market and making some speculations that you can use to manage your assets. By that, you can make strategies based on your predictions depending on the factors that can affect your asset's price in the market. A trader should know how to manage the risks in trading, there are factors who can help you such as risk management, that is the time where you can minimize your risk and become more comfortable in trading. Every transaction is important and every mistake is a lesson so never underestimate no matter how big or small your trading is.
1575  Economy / Economics / Re: Foreigners being airlifted by countries but government is just ying to get money on: June 05, 2020, 07:24:32 AM
Same here, it was reported that our government won't shoulder the expenses of workers wanting to go home because there's no more job for them in abroad. But our government received a lot of backlash from the media and the workers themselves. So the President was very quick to take actions, reverse the decision and allocated money to cover the cost. And not only that, they will be given one time cash assistance to support them and their families once they got home. At least our government did the right thing here.

Here in our country, the budget for this pandemic is not properly allocated so that the people who are in needs are suffering so much. The government here is not responsible and we all know that all of us aren't ready and prepared for this pandemic to exist. There are budget for this pandemic but they don't properly distributed it to the community.

Still there are still politicians who are not responsible enough and they only think of themselves, all they want to do is to corrupt and corrupt the money of the people. They don't serve the country properly and they only think about the wealth that they get.

During this GCQ in our country, they said that the government will no longer give financial support to its people because people are now able to go to work and earn salary. But for me, that's not right, there's still a budget for the people and for the government to shoulder some expenses and support every family.
1576  Bitcoin / Bitcoin Discussion / Re: Ask Google: What is the best performing asset in 2020 on: June 05, 2020, 06:49:04 AM
Screw this one in particular though(1st spot below the snippet on Google): https://www.paulsonwealth.com/resource-center/investment/best-performing-asset-classes
It's just that Google is at it again. I've noticed the behavior, results and Ads are quite suspicious over there: crypto YouTubers kicked off the platform, fake crypto Ads running like crazy and almost fooling me a few times too, false/biased results upon crypto searches, the giveaway scams that ran wildly on YT and so on.

Can't be just a coincidence. Screw Google overall, all of these could've been very easily prevented if there was a will to do so.

It is too obvious even if you don't google it, most of the people who are updated about our technology will say bitcoin is the best performing asset. Although we know that bitcoin is just for a short-term investment, we should know how to manipulate it properly so that we can benefit profit to this cryptocurrency.

There are still some countries who are not legalizing the use of cryptocurrency, that's why even in the social media, they try to prohibit the promotion of bitcoin in a certain platform. Sometimes we need understand a specific government, "why is that they don't allow its citizen to have an access in bitcoin?"

Google should allow all the bitcoin advertisement and promotion because soon, maybe they can also benefit to the advantages of this cryptocurrency.
1577  Economy / Gambling discussion / Re: What type of gambling do you want? on: June 04, 2020, 08:20:44 AM
I never tried live casino but a friend of mine is inviting me to try it. And I voted for dice. Ever since, dice is my favorite game in all gambling sites. But the fact that I also enjoyed betting in sports nowadays since it is also tiring to beat the house in casinos.

A know some casinos who have different games to play with sports bet too and that makes the site more entertainment.

It is really sad to see that sports betting are down during this pandemic, and we can't see our favorite team in a certain sports play while placing a bet on them. The fact that there are still some gambling games that we can enjoy, it is still a different feeling playing a game that you used to play while earning profits.

Right now, I played dice while there is still a pandemic going on, try to play online gambling platform because we all know that physical casinos are closed.

During this time, just look for an alternative gambling games that you prefer so that you will never get bored while staying at home.

Still practice self-discipline because online gambling and physical gambling is just the same in making people addicted to it. It can also result from huge losses so as much as possible, manage your money and limit your spend no matter what type of gambling you are in.
1578  Economy / Trading Discussion / Re: Looking for good traders on: June 04, 2020, 07:49:50 AM
When you depend on someone to trade for you, you might regret it if the trader loses it. It's best to invest in yourself unless you have that balance that you could lose. Letting another person trade for you is legal if you allow it. There could be an agreement, but the matter is if you can trust that person in the long run. I'm currently still running a trading opportunity for my fellowmen on our local board. Now continuing, and I'm using Gunbot to trade it continuously.

Yes, at that point, you're dependent on the person and not on the market. You should learn with yourself so that all the things that could happen in your trading results will be credited for you and there's no one to blame if you're experiencing losses. Hiring a trader will also increase your expenses because you will pay them as you let them handle your trading.

Don't rely on other people and believe in yourself, you're the only one who could control your money and you're the only one who is responsible about your money. If you want to make it grow then do it, just learn and learn and never give up because every mistakes is a lesson for you to grow.

Never be discouraged about the losses that you are experiencing instead treat it as a lesson for you to improve and grow more in your trading career.
1579  Economy / Economics / Re: Crypto's economic value is surprisingly low :'( on: June 04, 2020, 07:12:53 AM

There is much more to come. Imagine what we'll see 10 years from now.

10,000 years from now of course is a long time to predict what will happen with bitcoin and economic system. At that time perhaps something more innovative could have been added to bitcoin or the financial system. Who knows if the world will pass the 5G tech too  Grin

You're exaggerating it, 10,000 years is impossible, maybe in 10 years, bitcoin is already improved and innovated by the people behind it. Predictions are good so that you will a future vision about the thing that was for a long-term investment. But you predictions should have basis so that it is somehow feasible and can occur in reality.

Right now, we are suffering but I know that this crash in crypto's economic value will soon be resolved, just like bitcoin, it is volatile in the market and there's really a chance of recovering from its downward movement. Patience is really necessary for us to become prepared and ready.

Being prepared and ready when the crypto's economic value recovered can really give you profit and become more comfortable about your assets.
1580  Bitcoin / Bitcoin Discussion / Re: Patience above all will be rewarded here on: June 04, 2020, 06:41:49 AM
People mostly look at bitcoin as easy money ,so, they invest as much as they can. Others sold their properties,making loans from the banks just to have a huge profit if ever the bitcoin price increase but the problem is ,when the price drop down they lose their hope and intead of patience to wait that the price go back to increase,they sell what they invest in a lowest price which result to loss. Patience is the essential ingredience of investing.

Bitcoin is never an easy money but proper manipulation will really give you huge amount of profit. Sometimes you need to think outside the box once you invest in using cryptocurrency so that you will not just think of the obvious outcome. Patience is the most necessary thing or attitude that you must perform in investing in cryptocurrency because that will give you the right timing to grow your business. Don't rush things as it might give you lots of mistakes and missing the opportunities for you to grow. If the price dropped, learn to wait or lose the chance to have more profits. Bitcoin's volatility will surely give you more and more chances to recover from your mistakes so when you invest, be patient and aware about the market's movement.
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