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1641  Economy / Gambling discussion / Re: Do you blame someone for your gambling losses? on: May 02, 2023, 09:46:14 PM

Someone an undeveloped mind will always find a way to not blame himself but save face and blame someone else for their failure. It could be just an excuse but then there is just quit a lot to say when you as a parent teaching your kid to gamble together without care in losing it all. Not a good model indeed.
Bad behavior indeed and it is not worth the example of a parent to behave, who knows what he thinks to bring his child to play gambling and throw stones and then hide hand.


Obviously kids do not belong to the casino in any way, shape or form. Actually, assuming the child would grow up to become a gambler with problems of addiction then sooner or later would blame his old father of all the money and misfortunes he had to suffer for many years.

And believe it or not, those kind of situations are more common than you think, unfortunately. Parents in this country do not allow children to do anything related to adulthood but still encourage them to learn card games, like poker or Truco.  Roll Eyes
Well there are really indeed corners in the world on which it is really that turning out that gambling is really that main thing that they could be able to deal with. We know that parenting does really play a huge role
when it comes on raising up your kids. If you do let them engage on their early years then for sure on what you would be expecting on which it would turn out for them to be a gambling addict. Problems and issues
been arisen basing up on the things that you had just neglected all over the years as a parent. For someone who arent really that mentally and emotionally prepared and you do find yourself to be engaging with
gambling then turns out to be a huge mess or negative then it would really be just a normal approach or reaction on which you would really be pointing out fingers into someone
or whatever you could be able to blame on which is really just a common behavior or reaction.
1642  Economy / Trading Discussion / Re: Is Forex trades is a part of Crypto Trade? on: May 02, 2023, 08:47:43 PM
Cryptocurrency itself appeared quite recently. I don't think it's fair to compare them at all.
I don't think there's any aberration comparing them at all (or any other). In comparing them, one draws out the similarities and difference in them. That can help further enhance interest or abate it. Whichever one it does, at least the participants or those who trade them should know what they're getting into or what they're already into.

Quote
Forex market is much more predictable and understandable.
Yes, that's true. We also need to mention that the FX market is a regulated one unlike what obtains in cryptos.
Once you do step your foot in between markets then it would really be that impossible that you cant be able to determine on which is really that centralized or which one isnt. We've been dealing up with fiat if we do speak about Forex on which we could really be able to trade up fiat currency price and some indices or metals or minerals which doeshave some value.Whereas, when we do speak about crypto trading then it would be of course pertaining on trading up crypto. There's the main difference and the way of trading on which making it use of technicals and fundamentals would really be just actually be the same on which it would really be
just a normal approach for someone to have those choices on which one they would really be trading up according into their risks taking. The best thing on dealing up with crypto market is that volatility is something
that you could really be able to deal off with and make profits if you have done it well.This isnt something that you could achieve on doing forex in short time as possible.
1643  Economy / Gambling discussion / Re: Can i make 100 $ daily from online casinos on: May 01, 2023, 11:33:42 PM
If you are lucky and you maximize that then quit, your winning profits is high than your target, but if you are unlucky even, you set your target to a small amount suddenly you will see that you are losing your capital, that's how gambling works.
Yes, luck really determines the final outcome in gambling whether you win or lose, but targeting a certain number of wins is not a good thing because if we have a winning target, it is indirectly the same as chasing victory which can actually make us lose more money.
It's better to play well and be happy then wait for luck to come by playing at limits so we can get wins without realizing it.
There are many gamblers who target wins and profits but what they get is only disappointment and excessive losses.
I myself have never had a profit target because a gambler cannot target wins and profits.
True. Everything in gambling is uncertain so one should never set a target amount for profits knowing when you gamble, you are allowing yourself to lose, and the more you gamble, the higher chances of losing and definitely not the bigger amount to win. So if you think winning $100 is possible in gambling, think a thousand times. It’s even highly possible that you could lose $100 daily from gambling than to expect a daily profit from it.
New gamblers tend to think that if they have a bigger bankroll, they can win more. But it's a misconception they don't realize until they lose. Earning $100 from gambling is not a very difficult task. But there is no certainty. I think the OP mentioned his balance if he bets that money he can easily earn $100. Perhaps he has an attempt to invest where the betting odds are low. But in this case there is doubt of losing too. Because even though the betting odds are low, the number of losing percentage is not low. Above all, gambling should be conducted by being prepared to lose on every bet. Otherwise he cannot survive in the gambling.
A really misconception on which it would really be just not right if you do really think up on this way on which you do believe that you could really get that $100 in constant manner if you do have that big capital.
It isnt really just that a right mindset to have because if you do push up that kind of target or would really be that doing your desperate moves on achieving that target then you would really be that prone
into lots of errors and mistakes which would result into a disaster. We know on how risky gambling is and its not just right that you should really make yourself to fixate specially on daily income.
You cant really be that confident on doing so because gambling is risky and something you cant really be that assuring that you could really make sustainable profits to it.
It cant really just fit out into that criteria.
1644  Economy / Economics / Re: Invest your money wisely - another lesson, Techie tries to suicide. on: May 01, 2023, 10:46:06 PM
This news is from the IT Hub of India, that is Kolkata. The Techie who is just 23 years old had invested a big amount of money in the Crypto space. The investment when asked him was around INR 30 lakh ~ $ 36,600 in US dollars. That is a definitely huge amount considering his age and country of residence. Even in America, 36K USD is pretty handsome money and you can do many things with it.

So the gravity of this can be sensed easily.

He was saved by the Cops after a local Cab driver alerted the police and the response team was at the incident quickly.

He was trying to jump from the largest bridge on the river named "Hooghly" to end his life.

The investment was not his alone but he collected the money from various sources. He took loans and also was using the pension from his mother. Definitely, he had no plans and no idea what he was doing.

Just save up your bitcoins in cold storage, only buy what you can afford to lose and most importantly don't fall for the traps of crypto space.
Bitcoin is the only savior in crypto and if you own the keys, you win the market.


Unfortunately he was not the first and will not be the last person to go this route. On one level it is devastating that anyone would attempt suicide and any help possible should be given to someone in that state of mind. However on a different level, he has effectively gambled his money away and to call it "investing" is misleading. Investing implies that there is some structure and substantial research behind it, but anyone putting money into such altcoins is simply hoping they can find a greater fool to buy into their coin at a much greater price. It revolves around greed. Was there ever a point where he was up after buying in? Was he waiting to double his money but could have taken 10% extra at one point? When is it enough to cash out?
Lots of people do really go into the path on getting some suicide which they would be thinking that it would really be the sole solution of all of their problems which it isnt really just that limited on crypto based kind of problem but also into those known ones like depression or having those family problems or even just as simple as failure on things on where they are expecting big something from it. There are people who do have that kind of emotions on which it do really come into uncontrolled manner which it do results into bad decisions which it would be resulting into suicide. This is why on the time that you do really make yourself get
involved with crypto then you shouldnt really consider on taking up some loan or making use of others money when it comes to this investment. You cant really be giving out any
assurance that it would succeed out.

This is why always invest on the money which you can afford to lose and dont invest on something that you cant be able to afford. Using up others funds or taking loans is really that a bad idea.
You should really be that careful and be wise on taking up decisions which you know that it could potentially put you in harm.
1645  Economy / Gambling discussion / Re: Politicians behind the development of gambling platform on: May 01, 2023, 09:36:22 PM
A politician in the Philippines claimed to have had a hand in the development of the very controversial e-sabong platform he operated e-sabong so he can make a lot of money so he can use for the campaign, and his family to win local elections because the election in the Philippines is very costly many candidates are buying votes to secure their win, there were reports that he murdered their family's opponent because of e-sabong.
Do you think that government should have a rule or a law for election candidates not to have a franchise in any form of gambling, in fact, there are a lot of politicians who are operators of illegal small-town lotteries this is to accumulate funds they can use for election campaigns.

Congressman confirms past stint with e-sabong when it was not yet banned by gov’t
in my country even though gambling is illegal, there are also reports that many officials have gambling businesses but are operated in countries such as Vietnam and Cambodia

After all, gambling has a large market share, so it's no wonder that many politicians have side businesses such as casinos or nightclubs
Yes, every country has its own regulations, in my country, of course, it's prohibited, but some Asian countries may be free, so there are several countries where they have income from gambling into the state treasury, so there are no restrictions on politicians or officials involved in gambling, especially casinos during that time. Everything back to the regulations every country is not all the same.

Gambling really does provide a large income for the country through taxes and others, but in my country it is strictly prohibited for officials and politicians who are involved with gambling they will be arrested and punished, that is why nothing is publicly open if there are politicians involved in it in gambling.
Just like on some countries where they do have that state lottery on which they've been using some part of it on charitable acts or deeds which is something that would really be that commendable.
This is the way on where they could get at least some part which it would be applied into these acts which i do see not to be bad at all. Its true that each country does have their own
rules and regulations when it comes to gambling. If ever they would really be banning out gambling then of course people or gamblers of that certain place would really be going into places which
even if they do know that it is illegal or not licensed or been allowed by the government, but for the sake of addiction and leisure hunting then for sure they would be playing
out of these places. The worst? which in corrupted countries where government officials are the ones who do really ran off these places which it is really
that indeed happening not only just in movies.  Cheesy
1646  Economy / Trading Discussion / Re: Trading Losses Equal Operational Costs on: May 01, 2023, 08:33:54 PM
If you are a trader do not get stuck on your last trader because you made a loss. Do not overthink it. If you do, you will remain stuck there, you will refuse to see the bigger picture.

You should realize that most times we do not have control over the market. We may have done or thought we did everything to make us profit but then the market does its thing. Despite this, keep executing on the market.

Furthermore someone said that the losses incurred in trading especially when you were disciplined enough to stick to your plans and the proper risks management strategies should not be considered losses. He said they are akin to operational costs for running a business.

What do you think?

One of the problems you would really be facing on when you do deal up with trading which it would really be testing out that kind of emotion which it would really be making you on keeps on looking back on where
you do came from on which if you do have some loss specially big one on your earlier trade then you would really be molding up that kind of impression or thinking along the way which would really
be distracting you and if ever you do have that mindset which do easily boggled with those previous results then it would really be messing up your plans that you had put up.
This is why its never been ideal on making some revenge trading because if you do then you would really be that derailed basing up on what you had planned earlier.

Dont chase up losses, the thing you should be having on mind is on how you would really be able to sustain yourself because if you do stick into your plan then those losses would really
be that able to catch up and would be able to break even or would be profitable more without noticing as long you arent that chasing.
1647  Economy / Gambling discussion / Re: I am only trying to stay safe by gambling less on: May 01, 2023, 07:47:36 PM
One sentence in your comment that I really like is that gambling is totally about luck. If luck favors you will get profit and if luck doesn't favor you will face loss. But Bitcoin investment is completely different because if you save the digits by investing in Bitcoin, it will give you huge profits in the future but you may not face losses.
Yes, but many people want to completely abstain from gambling because if you become strongly addicted to it, you will never be able to get out of it. Many people become destitute due to this gambling addiction and many students are ruined from their main objective of education. So those who wish to take this gambling as a career must take the step carefully.
gambling as a career? it is a very risky decision! when gambling, we are 50:50 between victory and defeat, but if someone really believes that he has skills in gambling skills (poker, blackjack, chess, etc.) then there is nothing wrong with making gambling their career

but it must be remembered that depending on life on gambling is a step that people cannot do arbitrarily, there are many careful considerations that must be made
There is everything wrong in making gambling your career, I mean how can you live your life on the edge of luck. Gambling can never, I repeat never ever be someone career because you can never be certain of the outcome of your winning rather making gambling your career will just destroy your life because you can lose your whole funds to this act on days that you are unlucky.
LOL, stupidest thing or decision any gambler would ever make, decide or do is to make gambling a career, when there are lots of businesses one can do and be financially successful and independent..

If one love gambling so much that he or she wishes to turn it into a career, it is better for such person to start a gambling casino, which to me, I think is a really good and lucrative business anyone with good experience and gambling knowledge can venture into, you did be more comfortable running a casino than turning gambling into a career.
It might sound stupid but there are really that people who do really make out such decision or did really take this path on which they are really that making it as a career specially into those who do stay up
on poker or in other card games and to those who do silently getting involved with sports betting and trying out to sustain on day to day basis. Yes, making gambling as a career is really indeed that a
very dangerous act or plan to have because we know that gambling isnt something that you could really bare up with the risk or even able to sustain considering that odds of winning is really
that way too less specially when dealing up with luck based type of games which is something that understandable If you do go on gambling activity but you do have
that enough self control and treating it as an entertainment then i dont really see any problems with this.

Risks is really that high with gambling and if you arent that aware of that on early then better to make yourself aware asap. You would be busting and losing up that much in longer
runs and gambling is really just that for fun and not for making money specially on long term.
1648  Economy / Gambling discussion / Re: Do you blame someone for your gambling losses? on: April 30, 2023, 11:52:02 PM
I bet they are just taking their chances to use the law to recover their losses since this kind of incident is really happening that hacker use someone bank account to purchase online or gamble.

I believe they have a family history of being a compulsive gambler because they can pretend that they really hacked if they don’t have history of gambling. KYC is not an issue since they loss the money and probably casino doesn’t asked them to do KYC since they didn’t manage to withdraw the funds. KYC typically applied when they already want to withdraw the funds. I think the prosecution evidence on this case are their family  background since a mother and son not typically joining together to gamble if they didn’t do this most of the time.

With this, they just waste money on fine or jail time instead of just accepting the losses.
So gambling addictions are like genes too that can be passed? Interesting but I think it does not come naturally. Maybe the parents gambles carelessly even if their children are around so there is a tendency that the kids will copy it and worse is the parents just allow their kids to gamble.

That's too irresponsible. KYC is not the real issue here but it's about being addicted. KYC or not, an addicted gambler won't care only to continue playing but there are casinos which mandate KYC during the start or when you are still signing up on them. Not only they lose money but they also lost their morals but I think they don't really care about the opinion of other people. What is only important for them is to recover their money.
Nothing good can be expected from an addicted gambler. Moreover, if a minor is addicted to gambling, it may be due to the carelessness of his parents. But only KYC cannot provide any solution in this regard. Because nowadays many people can complete KYC with their parents' documents. Here, in case of minor, father and mother should take adequate care. And if he is an adult then if he does not try to protect himself from that addiction then it is not possible to bring that gambler back to the right path by others.
Not all guardian or parents who would really be blamed if ever their children did really engage into something because we know that no matter how hard we do teach up those good deed or ways of living, it wont really be assure that it would really be applied or would be followed by your children.We do know that in todays world on which there are lots of distractions which it would really be leading out into those things which
we didnt even can believe that it did really happen.Thing here is that you've been here for them in case shit things happen. Speaking about blaming someone for your gambling losses then it is really a normal behavior of someone who do fall out into this kind of thing on which it would really be that normal that they would be having this kind of reaction because we cant really easily accept our mistakes but if things comes
worst then there's nothing you can do because no matter how hard you do point up your fingers, we arent that blind not to determine on whose the real at fault on this one.
1649  Economy / Speculation / Re: FTX recovered $7.3B in Assets and is considering restarting! on: April 30, 2023, 11:24:10 PM
Of course this is good news, this will have a better effect and the market will continue to move positively, let's wait to see if the other big case, namely LUNA, will be able to recover again, if LUNA can recover then the market will easily recover even past the previous ATH happening in 2021.
I don't really understand that!!!! Do you think that the current condition of market is only for the Luna and FTX incident ?!
Dude the current situation is not caused by them The market moves at its own flow. The market runs with these two seasons, bearish and bull, and each crisis comes after a certain time. Now it is on his bearish season and the next halving is not so far I think those recovery of the market will also depend on those.
Bitcoin does not rely on such news to make its market movement even though such negative news can affect the price at some point just like what happened around October -November 2022 when the FTX bankruptcy issue happened it affected the price of most coins the entire cryptocurrency market was negatively affected during that time and due to the news.

But now Bitcoin and other potential coins have built a new liquidity that put them in a recovery mode which resulted in what we are seeing in the market today, Bitcoin doesn't depend much on external factors to determine its Price movement most especially when the was previous long bear situation.
I won't gonna disagree with you on that point the FTX bankruptcy and The Luna incident have a potential effects on market but I think those are easily recovered by bitcoin in a short period. If I short my talks then I have to say that bitcoin price can be influenced by the news but it's for a short duration  and it also used by short-term traders. And for the long term trading we should think about those season and halving.
In overall it would really be just that independent when it comes into its movement because demand and recognition would be solely be still focused on Bitcoin. If ever it would really be having some dips due to some negative news or events in the market then it would be normal but sooner or later which those dumps and crashes would really be just easily get swallowed by those buyers who are really that eager on buying up on cheaper price which simply means about having that kind of support. This isnt applicable on some altcoins in the market and with that LUNA crash and FTX issue then it did really make out some significant impact
but look at on where we are now? We are playing around 30k as of this moment which is totally showing that we've recovered into that condition  on that below 20k price.
Starting up for FTX again after all the issues? For sure they wouldnt really be getting a single support for this one.
1650  Economy / Gambling discussion / Re: Can i make 100 $ daily from online casinos on: April 30, 2023, 10:54:26 PM
No method works 100% and winning is never a guarantee in casino games. But with little odds you can make $100 with $2k. But i will still ask why risk all $2k on a single stake when gambling is not a game of certainty. The worst loss is when you stake so much for little profit only to lose everything.I will rather prefer you split the amount into four equal halves then make stakes at different times on the same game.
As the community said and I previously had no other method to be consistent, I also don't think it would be possible to spend $2k to make a consistent profit of $100, most people lose more often than win consistently playing in casinos, but if they gamble to I think sports betting can get more profit, it's just that you need insight about that sport too, even though it's not consistent every day, but at least playing sports betting is better than playing gambling against gambling machines.

There have been many casinos that I have used in the end I just lost in many casino games and how many strategies did I use when playing still in fact it will never really work, so it's better if my advice is betting on sports betting to ensure fairness from cheating rather than gambling playing casino games.

Maybe yes, you have a better chance playing or gambling with sports betting. If you know well the sport, the chance
of getting a better analysis before placing your bet can help you to increase a chance of winning.

But still, there's no guarantee that you will keep winning as there's always a risk even in sports betting, some factors
that may influence the result of the game.

end of the day, still depends on your luck to win decently from any gambling activity.
For luck based - ❌
For strategic based - ✅

You would be able to get that $100 daily if you are really that good with sports betting or even in poker but would really be depending on your skills and knowledge on these certain type of games.
We know that when it comes to luck based then it would be heavily be purely that depending on luck unlike with those who are really that basing up with strategy then you could
really somewhat that having to have some feels that you could be able to achieve it out.

$100 would be hard but if you do have a huge capital and it is really just that a small percentage gain on your bankroll then you do see some lesser risk or margin
then it would really be achievable but of course nothing is guaranteed when it comes to this.
1651  Economy / Trading Discussion / Re: Is there any point to start trading with 20$? on: April 30, 2023, 10:14:11 PM
Hello everyone,

I’ve lately been trying alot of different ways to start making money but something in me tells me trading could be really fun and exciting to get into. Unfortunately I can’t afford to invest much right now so I’ve managed to invest around 20$ to get started. I’d really appreciate if you all could let me know if what i am doing is worth it or am I just wasting time?

Kind regards,
Human
Its not actually a waste of time even using up that $20 for you to start up on trading which it is really that better which you would really be that having that kind of urge on making that capital grow at least.
Big or small kind of bankroll or capital wouldnt really be that totally different because the main thing on here is on how you would be making yourself that sustain and how you do handle up yourself in terms of risks.
You cant really just assure that the bigger the capital the higher of success you would be able to attain which it is really that impossible on this way. $20 should be sufficient but of course it would be having
its con's which you cant really be able to widespread up your position specially if you are really that making some SL's or would really be having that multiple position in small lots or amount.
Just do on what you do see that it would benefit out for long term. Learning process doesnt automatically been needing some huge funds basing up on what you do have in mind.
Sustainability would be always the main target for this.
1652  Economy / Gambling discussion / Re: Losses In Gambling That Still Haunts You Until This Day on: April 29, 2023, 07:13:16 PM
  • Date/year :
        2018
  • Amount or Figure :
        2-3 BTC
  • What Game :
        Crash Game on Bustabit

Whenever i do look back into these days then i could really say that i might really be that a millionaire basing up on our local currency if i had just able to hold off with these coins.
This doesnt talk about 2-3 BTC one bet but a several ones which i could say that it is really that totaling in the amount of 6 overall which we know that it is something
that an amount which is really that bigger.

I do remember on how i do make myself get greedy on that time. Back into those years where Busta is really that one of the main crash sites or main talks of that years.
These was the early years where crash games are really that having on peak of interest or popularity which lots of people been hanging out into  this place.
We do know on how crash game works and how fast you would be busting up your entire bankroll in a snap.
1653  Economy / Economics / Re: Invest your money wisely - another lesson, Techie tries to suicide. on: April 28, 2023, 10:41:25 PM
This news is from the IT Hub of India, that is Kolkata. The Techie who is just 23 years old had invested a big amount of money in the Crypto space. The investment when asked him was around INR 30 lakh ~ $ 36,600 in US dollars. That is a definitely huge amount considering his age and country of residence. Even in America, 36K USD is pretty handsome money and you can do many things with it.

So the gravity of this can be sensed easily.

He was saved by the Cops after a local Cab driver alerted the police and the response team was at the incident quickly.

He was trying to jump from the largest bridge on the river named "Hooghly" to end his life.

The investment was not his alone but he collected the money from various sources. He took loans and also was using the pension from his mother. Definitely, he had no plans and no idea what he was doing.

Just save up your bitcoins in cold storage, only buy what you can afford to lose and most importantly don't fall for the traps of crypto space.
Bitcoin is the only savior in crypto and if you own the keys, you win the market.


Read the news here:Techie loses Rs 30 lakh in crypto market, tries to jump off  ..

You would really be definitely be ending up on this situation if you do put yourself into a very deep debt just because on what you have done. You cant just be that too confident when you do make out investment and be careless since we are talking a huge money on here specially if you do live on a country where these amounts are really indeed significant. The worst part is that these amounts or money accumulated do came from different person which means that you do added up more problem into one problem because they would really be hunting you down and telling and asking onto their funds which it would be a normal approach.
If ever these money or amounts been invested on Bitcoin itself or some top altcoins in the market then i wont really be seeing this as a huge problem.

I will keep this thread open for few more days. I think it’s for the hood lesson and also for those who are new in the crypto world. Mostly everyone is not thinking straight when investing in crypto. The new comers specially wants to be millionaire overnight so they would go and invest any amount they could and it could be from lenders money or family savings. Better yet, plan and execute your trades in the crypto all time.

I think most of the replies agree with the sentiment that’s made. Hope so this teaches everyone a good lesson.

Better lock it now, considering it is already that 4 page then its impossible that you arent been able to see or read up on what you do love to hear off.
In overall i  do agree that if you are that someone who doesnt really have much idea about investment then it wouldnt really be costing you too much
time on making up some research first before proceeding so that you would be able to avoid up these possibilities.
1654  Economy / Gambling discussion / Re: Do you blame someone for your gambling losses? on: April 28, 2023, 08:52:00 PM
It bothers me the extent people would go to satisfy their gambling urge. It bothers me that people are in denial of their gambling addiction and instead of seeking help they are looking for who to pass the blame on to. There should be severe punishment for stupid people like this. They should have their own court where these cases would be judged. I know that out there are even more gambling addicts doing the worse
Good thing that they do able to spent out $8000 but if you do live on a 3rd world country and you do able to spend out that much money then you would really be suffering a long time payment
out of your day job if in case it would be able to be that amicable but we know that it isnt something that shouldnt really be tolerated. Its true that there are more other gambling addicts
did really able to done something much worst than this.

Lets put up some nasty rankings or list on here.

1. David Bradford Lost £500,000 in 30 Years
2. Michelle Singlehurst Gambled £550,000 in 3 Years
3. Sharon Who Stole from Her Daughter’s Piggy Bank
4. Viktor Gjonaj Who Faces 20 Years in Prison and $19m in Losses
5. Aaron Traynor Who Struggled with Addiction Since 13

.... and  so on.
https://www.gamblingnews.com/blog/gambling-addiction-stories/

It would really be that just so worst if you do really tolerate out that addiction of yours or simply you dont have
that good control towards yourself.
1655  Economy / Trading Discussion / Re: Being drunk while trading what was your experience on: April 27, 2023, 11:53:23 PM
Sorry to raise this topic over here, it was too heavy for me to answer all alone so I decided to share here to see some reasonable answer from those that have been in such situations. An hour ago, I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.
The question is, can you trade while you are already drunk?
Well... There are persons that can takes as many bottles of alcohol and no matter the quantity they take, it will have no effect on them. So if your friend is in that category then I see nothing wrong but if you mean that your friend was actually drunk then it's something to worry about and he might make costly mistake while trading because he's not in control of his senses.
Yes, people does have different tolerance when it comes to alcohol on which no matter how you do see on having lots of liquor had been drank out but still it doesnt make any effects
on someone you know and instead you have seen him on doing up those usual stuffs without having no problems. This is why its really impossible that you cant really be able to
notice out for yourself on whats happening into your body. In regarding actions then it would be no sense on making up some trades into a condition like this on which you cant
really be able to think up clearly if you are under influence of alcohol.

Drunk an still be trading is  one of the most crazy thing I have heard in recent times, how can you even do your technical analysis while your hands will be shaking an you will be feeling so dizzy, it will never ends well if such thing happens
You wouldnt be ending up that well. Your brain and the feeling of getting dizzy is the main thing you would really be able to felt.There's no sense on doing something like this
on the time or this condition which would really be that prone to lots of errors and mistakes because you cant think off clearly. This is why
its never been that recommendable on having this kind of perception on pushing up things despite of being drunk.
When you are under the influence of alcohol then you would definitely be having that kind of numb thinking on which you would really be that having no emotion which means that you would really be
that prone to errors and mistakes just because you cant think off that well when you are under the influence of alcohol. This is why its never been that recommendable that you should be trading when you are drunk.
You cant really be that engaging on trade without having that proper thinking because this isnt something that you could really just engage without thinking up the analysis you had made out or the thing that
you've been get used to. Its totally different when it comes to decision and action making on implying out your techniques and charting which is something that very crucial
when we are doing trading.You cant just neglect and be confident on trading up on this kind of condition.
1656  Economy / Gambling discussion / Re: Never Expect Consistent Winnings From Gambling - A Lesson I Learnt. on: April 27, 2023, 10:50:34 PM


Gambling is not a business, and neither should you ever take it as a day job, in reference to this thread - it is likely impossible to make a consistent winning from gambling, there are day you win, even much more than $100, and there are days you will lose it all, to make a consistent $100 or more every day in gambling is a mirage, wishful thinking that might never happen.

Feel free to chip in your contribution.

Honestly, it's very tempting to think that way I used to have that in the early stage of my gambling session,  winning consecutively and having a winning run you'll think that you find a method for consistent winning and you go on like this until you are busted.

Many newbies are like that 3 to 5 winning sessions will make any newbies thinks they have a lucky charm and when they are losing they think that the charm will give back their winnings, so they chase their losses.
They held on to their belief that quitters never win.
Very common for new gamblers or to those who are just recently dealing up with gambling on which they do really believe that they could really get rich because of it just because they have able to win up some few games and ending up on being profitable which we know that this isnt how the reality works. There's no way for us to retain that luck factor which is something that we cant really be able maintain until we do lost it all.
You would really be having that kind of impression on which you do believe that you do have all the luck on this world without even trying to look on whats the real deal on gambling. Consistent winning on gambling cant really be that impossible, if you do been able to experience some winnings streaks then it would be wise if you do keep em and save it up for other purpose. Dont chase up for further more winnings
because once the table would turn upside down then it would really be giving off the different outcome which you arent been expecting for it to happen and this is where disappointments do start
which would mold up next that desperation which it is something that we do need to avoid.
1657  Economy / Speculation / Re: Are we now on Crypto bull run? on: April 27, 2023, 08:40:31 PM
Do you mean there will be a bull run and a new ATH this year? If that's the case, then we're going to break the old history and create a new one, as the bull market takes place only a year after the halving. I also agree with what @Pierre 2 said, the bull market is when we will see new trends, and many shitcoin projects will x5, x10 in the market. But what is happening in the market is almost exclusively focused on bitcoin, altcoins are almost insignificant.
What I meant here about the bull market, is actually from the technical point of view side, The bulls are now in control of the market, that's the movement that will take us to a new ATH, So not necessarily that Bitcoin will be making a new ATH this year, though it still a possibility we can make new ATH, However, you may call this a bear market rally or recovery for a clearer picture of what I'm trying to say, As we haven't created a new Highs.

I think it's because this term of "bull market" remains very subjective, and purely based on time-frames. Based on Daily time-frames, the market is a bull market. Based on Weekly/Monthly time-frames, this is a bear market relief rally. Even in 2019 when price increased by 4.5x from $3.2K to $14K, to me this was still a bear market relief rally, as price made a lower high below $20K, and fell back to the lows. For sure the 4.5x increase was a bull trend in the short-term, but it ultimately wasn't a bull market that led to a new ATH. Instead it eventually led to a higher low around $4K that effectively ended that bear market and led to a new ATH.

Yeah, it's a subjective term, I do agree, it could be the 4 year cycle, or as what you have described, based on timeframes. For us though, the definition is that the price will go on a massive spike, a massive growth like in 2017 or in 2021. So for now, I wouldn't say that we are really in a bull run, this maybe is just a recovery from what, from lowest low of $15,500 to $31k, so that's what we have seen. And now there is some correction to $21k'ish. I guess the bulls is exhausted from the runs in the first 3 months that it can't no longer sustain the rally for now.
4 year cycle is what most people been keep on eyeing on, on which they are already that anticipating that it would be happening on year 2024 or 2025 Q1 which is something that most people been
waiting for but there are ones who do wait for 2026 on which they do believe that this would really be the start of bull run.Honestly, there's no way that we could be able to point out
on whats the exact dates or moment on when golden bull run would kick in.This is why its really that important that now that we are still in accumulation phase then it would
be better to bag as much as you could specially into those coins who does have the potential.
Correct. Even though bitcoin has passed the price of $ 30k, that doesn't mean we are in a bullrun phase. Especially after bitcoin had passed the price above $ 30k, it didn't last long and then dropped again to the $ 27k area. Therefore the bullrun phase has not occurred until now.
Actually it's not that it hasn't happened yet, but it's more like it's not really worth saying now, because after looking at the Bitcoin market conditions in the past two days, the situation is still not much different from before because the price of Bitcoin is still increasing and correcting in the area of $27K to $30K. Now Bitcoin looks to be starting to pick up again and I think it will also be back towards $30K again this month.
Its just an ordinary day kind of increase and people should really get used to it specially to those who are new still into this market.It cant really be still called as a bull run with having
that kind of increase. We are really that liking to see something which those huge and long green candles that we've seen into those previous bull run market cycle into those previous years.
Now, lets assume out that everything would be happening in next Bitcoin halving event whether before but mostly it would be after.
1658  Economy / Gambling discussion / Re: The madness of gambling addicts. on: April 27, 2023, 07:28:59 PM
He was being innovative and showing initiative in figuring out how to continue to gamble. Give the guy some credit lol.  Maybe the guys back was against the wall and he owed a lot of money to a loan shark? Something was not reported as to what made this guy go as far as he did and try to harm his own family.


This is true and could be possibly one of the reasons too because it would really be just that not believable that you would really go into a certain extent if you arent really that desperate enough or you would be seeing this as a last resort. For sure there would be questioning but that guy still decide to zip up his mouth on whats the real thing. Getting have some loans into those loan sharks and you dont able to get paid and now
you've been forced on repaying then you cant really be having an option but rather it would really be making out some ransoming thing  and the worst that its been involving who are closest to you.
Which means that you are really that having no options or no where to go, dont know on why he hadnt been done on other people.LOL but still in overall its a bad thing and this is the thing on where
addiction could lead you on, and this is why we should really be responsible whenever we do make ourselves get involved with gambling.Be wary and be sensible towards your actions.
1659  Economy / Economics / Re: Saving is Wasting? on: April 26, 2023, 11:44:12 PM
Being a student is so hard nowadays. I've been spending a lot for school requirements and different activities related to education. I'm stuck with this saying "SAVING IS WASTING", thinking that with the little amount of money I have, should I put it on an investment or should I just save it for my future expenses or emergencies. I'm also living in a country in which there are limited side hustles I could do to earn extra for investment, so I'm troubled somehow.
As you said that you consider little amount of your money, i suggest you to do not touch your education fund for investment while you must pay your education bill soon. you will be regret it if you lost your investment but you have to pay your education bill in hurry.
Always have that allocation on things which are important, you should really know on how to distinguish in both things or any other which are really that relevant when it comes to
your future plans and goals in life. Saving isnt wasting as long you do know on what are your priorities or simply does have the balance on something which you do really need. Its really that bad if you are really that neglecting out education budget allocation just because you are focusing into other side of things which you said that in the end you would be still needing funds when the time comes.
So better be prepared rather than on getting shocked.

Saving isnt wasting but it would be more worth if you do put it up on an investment to earn possible more income and make more savings but we arent that going in all in.
Always be mindful that there would really be things which you would be needing to allocate funds and save on it.
1660  Economy / Gambling / Re: 🎲BINOBI.com|🚀BINOBI Affiliate Program is live|💸Earn with RevShare up to 50% on: April 26, 2023, 10:24:13 PM
the site seems great. but the interface has the feeling of being in the binance, maybe because of the theme colour.
anyway, is binobi working on their gambling license? seems everything is ready on this site. it is good that you will be offering free play also, this will attract new users to try your site.
with regard to kyc requirements, based from your registration terms, you may ask valid proof of identity when deem necessary. would be good if you are already licensed before you start asking from your players about kyc.
I do have that first impression too on which it does really look like Binance plus with those font and color scheme which you would really be having that kind of feeling that you've been dealing with Binance site.

Well, it isnt really that a bad idea considering on making use of that color scheme which is really common specially for those people who do make use of said platform and now its been used on a gambling site.
Overall design is great, having instant withdrawal then its always been good and as for KYC then it is really just the same among with those current existing ones.

The thing they should focus now is on to run some signature campaign to increase up some exposure about their existence because if they wouldnt really be serious into this
matter then it would be no shock if they wouldnt really be getting some users.


+ Showing those half breast exposure? Its always a plus and really looks that good in the eyes specially on male players but i do see that it is really just that too much or already that too inappropriate?
Well this is really just that my feeling.

Checking out some more things on FAQ
https://binobi.com/promo

Seems like that "What does the wager requirement mean?" link is broken on which i cant able to see on how much wagering requirement they do really need up
specially into that deposit bonus. Seems like its need to be fixed or @OP, whats the requirement or roll over before you could make a withdrawal?
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