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1641  Economy / Trading Discussion / Re: Trading Emotions on: June 30, 2022, 07:38:27 PM
everything that is done by learning, from the start it is certain that nothing can be done instantly and needs to be added to experience, as well as trading which is clearly very complex. The psychological role is also very important in trading, therefore those who cannot contain their emotions will experience difficulties repeatedly.
continue to learn and add flying hours in trading is very important because it will be able to control in carrying out trading.
Nobody has certain set of skills from birth, sure maybe they could be a bit more leaning towards something more than the other and it could be on their nature. However, if you take a person who would be the greatest piano player in the world, and never teach them how to play a piano, they will not be playing it well on their first ever try, they will need to learn it first, then become a great one.

Same with trading, I would take someone who had to spend 10 years learning it but has no talent about it, over someone who has barely any idea how it is done but would be awesome in 5 years. The reason would be the great experience you gain while you do it.
Everyone starts on scratch and having no set of skills on particular things or careers which it does need to be learned first before you could able to handle it out but of course this doesnt really talk about short period or

span of time which is something normal.One of the things that would affect you along the way is definitely be with your emotions since we dont like to lose money which its really that normal to have reactions
on the time that we do need to take up some decisions basing on the market condition that we are seeing on point.

Once you do have a good grasps on this factor then you would be definitely able to handle yourself on this one.
1642  Economy / Gambling discussion / Re: Had you ever x10,000? on: June 29, 2022, 11:44:42 PM
Congratulations.

I've tried to do that before but no luck, so it means that you really are lucky and this is your day. What coin is this clam? I've looked into coinmarketcap but most that I've seen don't have much volume at all.

Still, that's a 10,000x multiplier win.
I dont know if this is the one.
https://coinmarketcap.com/currencies/clams/

Price isnt that high and winning isnt really that great but considering that its a x10k hit then this is something not everybody could make.
Its a lucky one even though it do takes 20k bets which is something a good experience to have.

@OP, what site you've been playing having that 6-7bets/sec?
1643  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I am big fan of SHIBA on: June 29, 2022, 10:38:22 PM
The next project after Doge coin is Shiba inu, that's for sure but, Doge project got a big supporter and that's Elon, if maybe in future someone like Elon come around to support Shiba inu then many dreams will become a reality, I am not a fan but I still buy and hold some, just in case.
Many people no longer believe in Elon. If he only gave code words on his social media, many people probably didn't pay attention to him. Indeed, if you look at Doge he is extraordinary, but from that I think many have suffered losses. So if he wants to move the market then he has to make big buys, not just writing. No one can predict the future correctly, but for shiba I also save quite a bit and it's not wrong. But being too fanatical and buying without asset management will certainly be detrimental.
People arent dumb to repeat the same mistakes that they had done in the past specially if it do involves with those manipulative kind of words from certain personalities that we do have in the market.He might really be

saying some relevant things but not on something to be that impactful on overall market.People do become wiser as they do gain up experience, it might have some effect in the past but it wont assure that it would
be effective in the present or in to the future.

Speaking of SHIB which is really just a meme coin next to Doge and its been hyped thats why it do reached out this certain extent but i dont really believe much
about its potential specially into its utility thats why take that certain risk.
1644  Economy / Gambling discussion / Re: The Most Expensive Thing Bought with Winnings from the Casino or Sport Bet on: June 29, 2022, 09:37:28 PM
I hope the police caught the guys who stole from OP. What can I say, my house is very secure and there was not a single break in attempt. It's good to live in a neighborhood where people have dogs and cameras everywhere.

My most expensive single win was close to 300 on blackjack in one day of playing. I bought myself a bottle of Jack (somehow felt like it matches the theme), got drunk and eventually gambled away the rest of the money Cheesy I've never bought anything big for myself from gambling. Investing is another thing. I bought a lot of stuff for BTC.
Investing and gambling is a separate thing on which its not really bad to have some leisure time sometimes but of course you should really still need that control if you dont like for your finances to be affected.

In terms of living on a place where dogs and cameras are around then i do agree to that.It is really almost close to zero or impossible for you to experience those theft scenario
on a neighborhood who do have that kind of set-up.

Speaking of things bought from gambling profits then there are several things but not really that  expensive.
1645  Economy / Economics / Re: How Will Investing Help the Economy of a Country on: June 29, 2022, 08:30:16 PM
Even though the government is not getting taxes from cryptocurrency investment, if their people are into it and grab all the crypto opportunities, it will have a positive impact on the economy. It will reduce the number of unemployment and the economy will grow because of people who are earning enough from crypto investment. If people are earning and making money from an investment, it will have a positive impact on the government since they're taking taxes from them individually through the necessities that they consume.
You're correct, but the truth in real life isn't entirely right. Most people who want to buy cryptocurrency is mostly a educated people or middle-high class where they're know the advantages and reason to invest, while the middle or lower class will only have money to buy food or daily life, they don't have so much money left for investment since it's used for emergency funds. So it doesn't reduce of unemployment, actually someone can offer services or skills and get paid in fiat, not need always in Bitcoin.
This is indeed the sad reality on which there are people who cant really just have that kind of chance on accumulating or tending to make engagement with investment due to lack of capacity since the money
they do earn is just really that sufficient for their daily living or survival which means that they do mostly not able to catch up with the probability on getting some potential profits but of course it would
vary on how you would deal on it.

We know that every investment does have particular risk it wont really be giving out that assurance that you could end up on profits on easy way which is something a very common mindset of people.
Whenever people do turns out to be profitable then it do enhances or upgraded out its lifestyle but i dont see that this could give out great effect on economic aspect.
1646  Economy / Trading Discussion / Re: How long do you think the market will take to recover? on: June 28, 2022, 07:40:02 PM
I think it will take 5 more months before we see any hope however there will not be any flashy up moves coming before Mid 2023.
Meanwhile, I wish I had a crystal ball to tell you on what date exactly we will see Bitcoin at $100k but unfortunately, I don't have one.
What I think is that Bitcoin may be in 6 digits after 2025. Let's see how it goes.  Wink
Wont really be that precise on giving out conclusions on how many months or years before this bear market would be over, we cant able to determine on what events would happen along the way thats why its really hard

to make out some conclusions but rather ending up with speculation as always.Recovery would be always next in line because we cant really just have a market on moving one way.
People would really be totally different when it comes to their actions and interpretations towards the market whether they would be taking some risk on positioning theirselves
or would wait up even more.

Recovery or pullbacks could really happen but we dont really have any idea on when it would really starting to go into that path.
1647  Economy / Gambling discussion / Re: Government Owned Online Casinos What Do You Think Of Its Potential on: June 28, 2022, 06:59:46 PM
Government have no business in business rather it's role is to make favorable policies and create a conducive environment for business to operate smoothly. In my country the government is not a good businessman. Most of government business has collapse due to corruption, tribalism and inefficiency. Hence, if government establishes online casinos it is bound to fail except they privatize them. If the insist to run them, these casinos would be marred by corruption and low services. I don't think I would encourage anyone to play games in any government online casino.        
You cant really be sure that they arent owning some business which is operating on a certain country yet we know that they are really good on masking out theirselves and pretending that they are just simply running or

letting off businesses which we cant be even sure off if they do own one of those businesses that running around.You cant really able to determine on having  that but if they do tend to make out some announcement or

letting the community know that they are making such operation then i dont see anything wrong with that as long the services is good and could really be beneficial in terms of economic aspect.
Doesnt really matter if a casino is been run by the government or run by a private individual because revenue would be always taxed, there might be difference in % but wont really be that much.
1648  Bitcoin / Bitcoin Discussion / Re: Bitcoins Crossed 20k USD!! Don’t lose hope now. on: June 27, 2022, 11:56:25 PM
Hope soon Bitcoin recovers it’s price

Bitcoin price should recover, but it may take months until that happens, so you need quite some more patience.
We're in a bear market now and this is the part where trust and patience uses to pay off.
If you lack these two you will most probably give up, since the price may or may not remain over 20k until the bear market ends.


Bitcoin may come down again in a few days. However, at present Bitcoin is fluctuating between 21,000. This situation will not last long. Those who are interested in investing in Bitcoin should wait a few more days. Buy Bitcoin prices are actually on a downward trend step by step. I hope you will benefit .
There is a Strong resistance at $21500 which the had rejected the price, since bitcoin couldn't break that resistance consequently the price retraced or bullback to $20500 which is likewise a strong support, the price is unpredictable now if the price breaks either of the above mentioned support or resistance thus the price will move towards that broken zone, for now the market is still bearish, an opportunity to DCA and hodl for the upcoming days ahead, probably next month the price may experience massive pumping and resume the bullish market.
There's a strong resistance into that point on which we cant really tell if there would be some break out or would be totally rejected and which might result into further dips or decline on the market if it would really be

failing on breaking out that ceiling which is something hard and cant really be predicted but for those who would really tend to make out some risk on this current price level then its up to their call but if we do

really base up on history or past prices in previous months then we could really tell that we are really that low but since we are just humans then it cant really be avoided
that we would really be having those doubts because we do think that it might really be going even more further which is something cant be removed on someones mind.
1649  Economy / Gambling discussion / Re: Macau's Casino Operation Continues Despite The Latest Outbreak on: June 27, 2022, 10:46:28 PM
snip
But if the Covid-19 wave hits again in Macau, it's not a good thing to remain dependent on the gambling industry, especially if it's related to offline casinos because it could have an impact on casino visitors. They certainly don't want to catch the virus again by playing at offline casinos so this needs attention from the government to limit offline casinos from operating. This will trigger online casinos to continue to grow because of the restrictions on the movement of people outside their homes, making them look for solutions to keep playing gambling and online casinos will be their choice again as before.

what these offline casinos can do is develop their own online casinos as counterpart. but the irony of this is "all forms of online gambling in Macau are considered outlawed" as per section 3.1 of this Gambling laws and regulations in Macau .
i believe this regulation will change soon as they need to adapt the developments in gambling community. if they will be strict to this, they will find out soon that a lot of their traditional players are now into online casinos. remember, some people are not up to traveling these days.
Most likely there would really be  those changes if they would really see and if they would find out that their revenue is highly been affected due to people arent going into physical casinos.

try to look into this article which their revenue drop as low of 40% in year 2021
https://ice365.com/news/macau-casino-revenue-ebbs-upwards-in-may/
This is understandable due to pandemic situation or crisis but i wont be surprised if drops would be still
happening in post-covid yet changes would really be felt specially on online casinos or gaming.
1650  Economy / Economics / Re: What is the golden rule of investment? on: June 27, 2022, 08:59:33 PM

Considering the current state of the crypto market, you may find that if you only invest in cryptocurrencies, whatever coin you hold at the moment isn't making you any money. Diversification of investments is therefore essential.
For everyone rules are different - but it's good to discuss with the people who are already in the business.
This way you get ideas, tips, dos and donts - - It is also good to learn from other people's mistake rather than making your mistakes.
If you are wise then hearing out others advises and experiences would really be a good stepping stone for you to learn without the need on experiencing those losses which you are already aware on what would happen

but of course we do know thats its impossible for someone not to commit or experience any mistakes along the way yet its been part of the overall process or career where it is really there.

This is a continous learning where everything doesnt really assure positive results which means that you would really be able to experience that you havent experience before
and see for yourself and able to find out your own ways on how to deal with these things even though it wont be simple but its worthy to deal off with.
1651  Economy / Gambling discussion / Re: Japanese man gambled away a huge Covid-19 relief funds mistakenly sent to him on: June 27, 2022, 07:59:32 PM
He's a good man after all if he wants to pay back the money he gambled away.

HO many of you would in all honesty give back so much money if you got it by mistake. It's easy to say it now and criticize the guy because you are not in his shoes. We all criticize people who made mistakes, but once in a while we do the same thing and become the victims of hate
You arent honest on the first place if you do spent out money or funds which isnt owned by you and if someone who had been caught and sued out then its a common or normal reaction for someone to say that he would

return those funds because if not then he do know on what are the consequences which had been waiting to be filed against him.So i dont really believe about being a good man yet spending money which isnt yours
isnt really something a good move on any angle i do tend to watch on.

We know that the source does have that mistake but its just understandable that it isnt yours which it is really just right for it to be given back into the right owner and also
consider those funds are for relief or support which you dont really have that conscience on spending it for you leisure time. lol
1652  Economy / Trading Discussion / Re: Best time to buy or wait a little bit ? on: June 27, 2022, 06:46:30 PM
Best time to buy more, stack up all you can 💯
If you do have the funds then thats the best thing to be done but we know that not all would really be that capable on doing so even there are some who do have the money or funds but with due to emotion then they

could hardly make out some action or movement thats why it would really vary on circumstances and factors which could really affect someones decisions towards buying and selling decisions.

Now that the market do have that sideways momentum once again then this is the hardest part to determine on what decisions should be made and we know that different people/traders does have
different takings and intuitions towards price conditions and price calls thats why its up to you on whether you would really be buying on the current price
or wait up a little bit more and hoping for more decrease?
1653  Economy / Gambling discussion / Re: Macau's Casino Operation Continues Despite The Latest Outbreak on: June 24, 2022, 08:11:38 PM
^

As the practice of fighting the spread of the coronavirus has shown, restricting visits to public places is one of the most powerful tools and the Macao government is well aware of this. But instead of taking care of the health of their population, they care about filling the budget. In my opinion, this is a very short-sighted decision because it contributes to the further spread of the epidemic.

Maybe they think the scenario is better now than today if their people caught COVID it will be mild since the majority are already vaccinated, they treated COVID like flu, the worse thing that can happen is if their hospitals cannot keep up but as long as there are no serious cases or death they can still manage, we'll see in the coming weeks or months if they did the right thing of prioritizing revenues that the health of their people.
I dont think that we are on the better side but at least we are seeing some huge decline in terms of active cases
but as i do check out with the current global cases numbers then i do found this.

Cases - newly reported in last 7 days
3,902,021

Deaths - newly reported in last 7 days
8,156

Source: https://covid19.who.int/table

Numbers might be less compared into that peak where everything is freaking out
but its not something that should really be that confident on making things to normal
when its still existing.
1654  Economy / Gambling discussion / Re: Your Mantra After, while playing And Before You Gamble on: June 24, 2022, 06:59:14 PM
snip
In the world of gambling, you should put it in your mind that you are always lost because that's reality and if you gamble because it's your happiness then it's okay, but if you gamble for the reason that you will gain more money them that's a bad idea.
If we put the mind always accept defeat then we don't care about the strategy for the chance of winning, even though they already consider losing 65% in every bet but still have to look for opportunities to win, because winning is not the goal of getting a lot of money but feeling happy because the strategy has worked. I think the pattern described is incorrect because it is also not wrong if some gamblers want money from winning, but it is important for them to avoid greed and accept loss without risking any other money.

Well, even if we consider the money as lost, the winning part still gives us the adrenaline rush.
In fact, we become overjoyed when we are not expecting any win and suddenly we win out of the blue.
So the feeling happy part is still there.
Very normal kind of reaction to have or experience since we are just human beings, we cant just be happy  without any reason and we know that unexpected wins could really create that kind of feeling which
cant really be avoided no matter what and this is the true essence or should be seek off first when you do play is to make out some entertainment or enjoyment on ones self but somehow it cant really be avoided
when you do win but same goes when you do lost where everything turns out to be sour. Mantras,spells,chants,or anything that correlates on this one wont really be that enough for making a certain game
to be that influenced by anything which could alter out of being lucky of a certain person which is really totally impossible.Play randomly and dont expect for positive things to happen on which it could
really make you at least aware that you cant really be having some profits in the end of the line most of the time since gambling do really work that way.
1655  Economy / Gambling discussion / Re: Macau's Casino Operation Continues Despite The Latest Outbreak on: June 23, 2022, 11:47:39 PM
^

Any state has a fund for such situations and instead of temporarily closing all the casinos and providing financial support to citizens and businesses from this fund they risk the lives of their citizens in the pursuit of profit. A land-based casino is a place where a huge number of people congregate and leaving them open while other public places are closed is simply not reasonable. I think their actions will lead to more disease and death among the population.
There is probably no choice even on the grounds that Macau has a strong economy based on its role as a gambling hub that has to keep operating under dire circumstances, and there will definitely be pros and cons from the surrounding area as it is unfair. Because businesses and other public places are prohibited from operating and Macau gambling venues are allowed to operate and that is unreasonable and unfair.
Macau casinos have to be very strict in implementing health protocols, and also have to be strict with every visitor and worker if they want to keep operating in this dire infectious disease situation.
They would be normally be following strict protocols not for the sake of avoiding surrounding problems but rather also for the safe of everybody which is something ethical to be done.

In relation with the decision of not stopping the business then it would be understandable considering on how big the revenue that they do get from gambling then this isnt something  that should really be stopped.

It all matters or depends into their government whether if they could still able to handle out the outbreak without the need of such closure or would be totally doing the opposite.

1656  Economy / Speculation / Re: Was 17600$ was the bottom ? on: June 23, 2022, 10:42:34 PM
Did the price really dumped to 17.6k last week? It's too early to say that 17.6k is the bottom just because we are seeing 20k now because a lot of times we have been on this scenario where people expects a recovery and a pump but the opposite always happens.

I think this was just another prank or a trap as they call it, for some people to buy more because there are people that fomo's whenever they see a recovery in the price but aside from the figures above, there are also some that says btc can go 1k and below it but I won't believe on all of them not until I see it happening.
Yeah it did happen

Bitcoin briefly dropped below $17,800 as sell-off accelerates — here’s what happened
https://www.cnbc.com/2022/06/18/bitcoin-price-drops-below-18600-as-sell-off-accelerates.html

Considering  the bottom? Its really hard to make out some conclusions which we know that the market is totally that unpredictable or something
doesnt give out assurance but seeing on the market condition then it do really have some positive pullbacks.
1657  Economy / Gambling discussion / Re: Do You Think Its One Too Many on: June 23, 2022, 09:38:17 PM
I think even one review is of great importance. If I use something (for example, cryptocurrency and fiat exchangers), then even one negative review (justified or not hahaha) is likely to scare me away. Why take the risk when you can use a service with a perfect reputation?
But at the same time, I know that there are also scammers among customers and the presence of a negative review often does not mean anything.
There’s no perfect reputation here I guess, some players will still experience the problem and the site should address it. Though if there’s an accusation left unsolved considering all the evidence, then this could be the first res flag for me and I should be more careful on that. Reviews are important, and it should be balanced to avoid being manipulated, gamblers will always tell their real experience.
Whenever you do tend to deal up with some sites which you havent used or encountered before then it would really be just common sense that you would really be making out some research in related to it

which you could really able to read up real time feedbacks and dont make yourself fool on reading up on 1 or 2 feedbacks and believe on what they do say.Always read up on what majority is been saying.

Speaking with valid complaints or unresolved issues or cases then it could still really make out some bad effect even how reputable or known the casino is, if they do let it unresolved then
sooner or later it would really make out some toll.
1658  Economy / Trading Discussion / Re: You don't need to hodl a particular coin all your life on: June 23, 2022, 07:59:34 PM
This has happened to me more lot of times and I have learnt from it. Some people think hodling means you won't take profit. It dosent work only that way and for this who want to increase their hodling then they need to trade the hodl buy selling when price goes high and wait patiently to rebuy when prices goes lower.
I've also been on it on a lot of time. I've earned massive amount of profit by being a diamond hand and also took a deep loss because of it. The thing I learned from that experience is to sell unworthy assets and keep the coins that showed it's potential to the market. Bitcoin is one of the coins that you need to focus your eye to. I've been holding some bitcoin for few years now and guess what! even if we are on the bear market, I'm still 3-4x profit on bitcoin from my buying price. This is why we should pay attention on coins we should hold and play some cryptocurrency that has some potential in trading.
This is where research and analysis would really differ into each individual since not all would really be having the same mindset on choosing on which assets should they be holding for long years and which are should

really be that easy to release or sell whenever there are some price pumps in the market.It might sounds easy but its not really that simple once you are on the situation and this had been always part of the challenges

which you could really able to experience along the way.Set particular goals or selling point on your assets as you do like and since each one of us is totally different on price target or goals.
1659  Economy / Gambling discussion / Re: Government Owned Online Casinos What Do You Think Of Its Potential on: June 22, 2022, 09:37:27 PM
Ultimately, this is of course a good revenue model for the government. They prescribe everything that people should not get into trouble because of gambling, but in the meantime they are allowed to advertise gambling sites on all kinds of different channels. That is of course very contradictory. Ultimately, the government only thinks about converting money, whether it's gambling or computer science, it doesn't matter.
Those are just showing pretending that they do have concern into their citizens or just making themselves to look that they do really care but they don't actually minding about those stuffs yet they would be prioritizing revenue than on their citizens condition but we'll there are some government which do actually care honestly but only few in numbers.You could really commonly see those ads which I do say in my mind "meh"..  Cool
Very contradicting but deep inside they are really just minding on how to make more money and since they are running off a casino business then it would really be that normal to have those kind of reminders or
warnings about addiction but in overall they dont really care because the more addicted gamblers then the more revenue that they could made which we know that it would really be that positive.
1660  Economy / Economics / Re: The end of the Pay to Play blockchain games hype? on: June 22, 2022, 05:22:54 PM
The main problem I do see for Axie infinity which is;

1. Burning mechanism

They do mint out Slp token on endless manner which this had been generated   by millions of players day by day on which it did result into huge supply and not surprising that it do tagged up its own main coin which is AXS. and due for that reason then it did really ends up on losing trust and interest of the community.Lots of promises made telling about new burning mechanism plus having this bear market then no surprise that
Overall price or value would really be on the floor.
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