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1721  Economy / Trading Discussion / Re: Better than DCA is DCAing when fear is high on: June 22, 2022, 09:12:11 PM
That's also a strategy that's been known and being done by the others. They wait until the market goes active again and see an entry position before a bull run comes in. Nothing wrong with this strategy if you just want to make sure that the market is up and back again.
It's up to you how you're going to monitor this one before you buy at a good position before it skyrockets. This is also effective but I'll choose the DCA since we've probably bottomed already.
I mean it sounds completely legit and sensible. Till the bear market give a big nope and f everyone by going down after those short active moments in green. It wasn't called a bear trap for show.
OP's way of DCA when the market at high fear seen more likely depend on how long that fear has been like that. For weeks or for months? Since the longer the trend, the higher chance it was bottom out already.
LoL yeah that's always the case that happens there most especially on the current market now. People think the rise will continue but it eventually falls down again, this is why it is still better to buy when the market is down because there is a big possibility that it will back up but you can prefer to not use all of your funds for buying since there's also a possibility that the price can go down for more.

Overall, the market will always be unpredictable and we are all free to follow the strategy that we think good for us. There is nothing wrong with the first strategy but as long as you know how to hodl strong in case a bear trap really takes place.
1722  Economy / Gambling discussion / Re: Premier League Prediction Thread 2021/2022 on: June 22, 2022, 08:03:38 PM
~~~
in my opinion Arteta must be able to revive the winning mentality in each of the Arsenal players and maybe with bring in some experienced players who have leadership qualities that can be a solution for Arsenal next season.
It's tough and I can totally imagine it's really tough for Arsenal. 18 seasons not being able to win the Premier League title is a very bad end result for Arsenal. They may play well, but what does it mean if they can't win the title? Apart from just staying in the Premier League and having a good business from selling players, I don't know anymore what Arsenal's determination is to be in the Premier League every season in the last 18 seasons.
Surely it's a tough job and need some strong person to change this all as we have Liverpool after few decades they won their first title under Klopp which is great achievement for them after watching last season I have feeling Arteta is also person which can bring some great changes, and he is already doing his work which can give good dividend to Arsenal recently they added few very good and quality players which is surely going to give some strength.

Arteta need some strong back from management for having success like Liverpool in this season we have good change in them, and now they are spending good amount which is surely going to give big changes and this is good for Premier League as we have too many strong teams at top.
1723  Economy / Gambling discussion / Re: Asian Cup 2023 Prediction and Discussion on: June 22, 2022, 05:39:38 PM
In my opinion, I think Australia will be likely candidates to win the championship as in previous competition, they have been impressive and this one will be no less.
 Japan could present a strong front, but honestly, if pitted against each other, Australia will come out winners.
It's very good now after many years we have thread for Asian soccer even most of the members are not well aware about ground realities of Asian Soccer but still it's good we have something to start and talk. Asia has never been good in soccer just Korea, Japan done good job and now after Australian entry in Asian region surely it's going to increase some quality even it's not easy and not going to happen in just three, four years, but I am happy with this all.

Gulf region countries are also investing some good money in this game, and recently we have very good news from Qatar League and few other leagues specially good that Qatar is first country from this region who is going to host WC but here we are talking who is going to win Asia cup, so I am going with Australia and Japan because these both have very good squads, and they can clinch this trophy.
1724  Economy / Gambling / Re: Bitdouble.io |social gambling game |Prov fair | 0.005 mBit faucet | New PVP game on: June 21, 2022, 06:59:32 PM
Is the site still working or is it no longer active? Trying to access https://bitdouble.io/ seems to redirect to a non-existing site like ww1.bitdouble.io or https://ww3.bitdouble.io/ every time I try to open it. When was the last time someone accessed it and played their game successfully?
Accessing the site bitdouble.io redirects to http://ww4.bitdouble.io/ when I try to open the site link which it is obviously that this site isn't working or non operational anymore.Also the last reply or response or post was still last year which is a solid indication that this site isn't available anymore and as I have checked out then the games offered aren't really that interesting which it isn't surprising that they didn't able to get sufficient users or players that's why they closed doors.
I think the domain name is not on their possession anymore because it has an ads on it but usually if a site stops working we can only see a white page and an error but this is not the case here. It's kind unprofessional only that they didn't made a proper announcement here that they discontinued their gambling site and what if someone had a balance left on them? But, I guess they mailed all their customers if they are still legit on their last days.

The game they have are roulette, coin flip and happy bubble, that looks like a crash game based on its description. All three games are fun and famous so I don't think it wasn't the reason of their closure but there might be other like financial problem.
1725  Economy / Gambling discussion / Re: POSSIBLE THINGS TO HELP US TO WIN AT CRYPTO CASINOS on: June 21, 2022, 06:14:45 PM
Slots do actually have a bigger betting size. They are like $0.2 minimum or can be higher than this on some casinos which is not good for small gamblers. It will only make you lose easily more than expecting to win since I believe that good wins/multipliers can come the longer you play and slots do also has a higher edge compare to other casino games but a higher house edge can also lessen our chance to win right?

Although bonuses are usually found on the slot games however you need to purchase them. They are called bonus buy feature but these are worth it as it can increase your chances of winning big than playing the normal way.
1726  Economy / Trading Discussion / Re: Do real traders care about bear & bull market? on: June 21, 2022, 03:47:25 PM
I came across a trader today who mentioned that he hasn't stopped trading even in this period where almost everyone, trader and hodler is trying playing it safe. In our little conversation, one of the statement he used that has stuck to memory and has kept me wondering if I was making the right decision this period playing it safe and not trading was "Real traders don't care about bear or bull market, during times like this is when real traders survive", he also highlighted that a good day trading strategy can still make you profit this season.

-Do you consider this trader correct?

-Is anyone here still trading actively? if yes, what has your strategy been?
Of course yes a true/real trader cares about the bull and bear as they can use it to their own advantage like when it's bear they will mostly buy but in bulls they will mostly sell. On the market these days, the price still continues to move. It is still fluctuating so traders can still use this window of opportunity to trade and make some profits.

Those who stop are maybe too stressed out seeing this kind of market so they take a break for good. They can be composed of real and fake traders. As far as I know the phrase "playing it safe" doesn't totally mean that we will stop doing an act but it just means that we will continue doing the act but we must be extra careful this time.
1727  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: June 20, 2022, 08:35:24 PM
Raheem Sterling contract with Manchester City ends in 2023, meaning there is still one more season to go. The latest news that Manchester City still has not renewed the contract with Sterling. If Manchester City's management does not extend the player's contract, of course Raheem Sterling will be on a free transfer next season.
If Manchester City get a suitable offer for the player then I'm sure Manchester City will struggle to keep him. From a business point of view, I think Manchester City should sell him in the transfer market this season instead of extending his contract next season, but if Manchester City still need him then Sterling should have a place next season in Guardiola's plans.

So far I still think it's worth it for Sterling to stay at Manchester City and compete with other players for places. Manchester City are the best team for him so I hope he is still needed.
There was rumor's Barcelona is interested in Raheem Sterling but with their bad financial now they have very few choices after them Arsenal is also having some good interest to buy Raheem Sterling, but he is not happy to go so with this all most chances he is going to stay here for another season or may be Manchester City will try to sell him in Winter which is also not bad at all.

With now things are changing very quickly anything possible may be in next few weeks we have some news about him but for me, he needs to stay here which is very good for his better future. Guardiola still likes him just because of this, most chances he will stay here and most chances he will extend his stay here in this club.
1728  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2020/21 on: June 19, 2022, 11:25:09 AM
I don't think a coach is going to solve all the problems that PSG has right now. It was obviously a mistake made by PSG to give mbappe this much power. I don't think any player deserves to have the power that he has right now just to stay in the team. He is a great player and I have no doubt about that but he is not the only player on the team. We have seen Lionel Messi and Cristiano Ronaldo play really well for a long time and none of them has got this type of power at any point of their career because everything was under a system.
Yes, I am also feeling this way coaching is not the only issue they need to settle things off the field as well because giving special treatment to one-star play is creating feud in the team as well and just because of this Zidane is also not going to have PSG job as a coach he is unhappy with PSG management about Mbappe. We have some very legendary players in past and present in most clubs done things on level for all players but here in PSG giving some special hospitality to Mbappe is surely not good for them.

Now, if they want to settle things in an ideal way then surely they need some very special coach who can handle this all very strong but I am not sure who is this right now in the current situation with this all.
1729  Economy / Gambling discussion / Re: Test Cricket Prediction and Discussion Thread [self - mod] on: June 18, 2022, 03:55:18 PM
Needless to say, because everyone knows that Bangladesh does not play well in Test matches. But I never thought it would be so bad. I thought Liton-Shakib would be a good partnership but it didn't happen. Mominul has been playing badly since a few Tests. On the other hand, Mushfiqur is not in the team. I think it is normal. Because it is Bangladesh team brother
After beating New Zealand in an away game there were hopes that now they will be some better in this format but sadly it's never happened and they are playing like crap with this all I feel ICC need to think about their status in Test Cricket because it's never been ideal to give a chance team like this they are performing very poorly for many decades and its creating fuse in this test format which is already on the decline in few countries.

ICC need to have eight good teams in the test format and bring all others in league two which give them a good chance for improving their skills and player performance with a good number of matches against weaker sides because playing against quality teams is never going to help them for staying in this format.

Now after the end of two days, Bangladesh is trailing by 112 runs and if they want to avoid inning defeat they have to do this score before going down on 10 wickets.
1730  Economy / Speculation / Re: What goes up must come down on: June 17, 2022, 08:19:29 PM
In before sub $20k.
it only take couple of Months before it comes true , even me did not believe what you are saying last year but now it looks like clearly indeed to happen and yes it already happened.
but at least you predicted 20k and not below that level right?  Grin
It actually took over a year because he posted this on may 2021 and the price of btc hit 20k on June the current year but yeah many people including me didn't believe that it will happen, I think that's because we only like btc to increase and increase more but we don't like it when it is dumping so we easily disagree on the topics like this most especially when the price or the market is still in good condition.

The only one that can make us believe is seeing the actual thing that happened but here it is, it did finally happen. The OP might only predict 20k but he can now be able to predict below then it since it is now very possible for the price to nose dive at any moment.
1731  Economy / Trading Discussion / Re: How long do you think the market will take to recover? on: June 17, 2022, 03:14:11 PM
Of course the best thing to do is dollar cost averaging or dca in short, for both bitcoin and ethereum so that you won't miss any of the opportunity that comes from them. If you will wait for a further drop, there might be no guarantees that it can happen again because the market is already dumped too much and those who have waited for this moment have already started buying, so soon there is only a reversal that will happen.

If you truly wanted for the market to recover, then don't just wait and sit there but do some actions. Help the others that are currently buying now as the more the people that will do it, the faster the recovery is.
DCA is just the right move to do whatever is going on in the market. It could be going down, it could be going up, whatever you do, when you do it with DCA that means you will be able to profit from it. I am not saying that you should always do this, there are situations where you could avoid that, but at the end o the day, you will be able to make a profit from it if you know what you are doing and that is exactly what people are after.

There are ways you can do DCA which would be wrong too, so wait for it to be at a place which would make you profit a lot more in the future, if you just keep on buying every hour, that is not DCA at all, so know how to do it properly.
1732  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Which Altcoins Have Good Opportunities in the Next Year on: June 17, 2022, 09:47:08 AM
The best altcoins for me in recent crash market which I think will perform in upcoming bullrun will be. If we observe market the king of altcoins Ethereum ETH which has cross around 4500$ and it's price dump to around 1100$ which is massive dump as well as massive opurtunity to buy for handsome profit. The other altcoin is Binance Coin BNB which also hit around 600$ now it's price is dump to around 200$ so it's also a big opurtunity to buy for passive profit. Solana SOL is also has same situation like them. So if you grab them in this dump you will be very lucky because it will be the profitable ever trade for u.
If I still recall I think eth rise is slow compared with other altcoins but at least it's steady and sure right? And more important is it's much safer, so we can sacrifice a lot of time waiting only for the best moment that can come for this coin. On the other hand we still have bnb and sol.

I am not in the mood to mention more coins so I will just use your list but we already know if what are those coins that also have a good potential other than the coins that we mentioned here. Now back on bnb and sol, the two coins can give us an immediate profit while waiting for our eth investments to get matured. This is not about luck but it's about willingness.
1733  Economy / Economics / Re: Apple wants to replace all passwords with biometrics on: June 16, 2022, 08:52:06 PM
Apple's shift towards biometric based passcodes trends in the opposite direction. It limits their userbase by hardware support. Fewer end users have facial or fingerprint recognition to support the system.

Over the years there have been many successful attempts to fool fingerprint scanners. Biometrics certainly are not foolproof or hack proof.

Does anyone think this will succeed?
This wasn't a new thing but we already have these types of security before and I think that many people don't prefer them but they still prefer the old school way of accessing their device and that is the password and the 4 digit pin. The reason why is the device sometimes doesn't unlock in fingerprint and facial recognition because your face looks different sometimes and your fingers are sometimes wet or sweaty.

If fingerprints can be bypassed then there's a chance that facial recognition can be bypassed as well. There is no safe anymore in this world. I think the only thing we can do is don't store all your funds or important data's on your phone. Just in case it'll be accessed by an unauthorized person.
1734  Bitcoin / Bitcoin Discussion / Re: Is crypto winter setting in.. and how long will it last on: June 16, 2022, 05:44:06 PM

Many crypto exchanges are laying off employees. Recentlycelsius recently has limited the withdrawal
Bill Gates  has called  Crypto, NFTs as Based on ‘Greater-Fool’ Theory
Yet many other well read people like American billionaire businessman David Rubenstein said that crypto would not go anywhere despite the ongoing market correction.

How long will this market correction will continue and where will this stop.. and where will Bitcoin stabalize
But, why will they lay off employees anyway? The income of the exchangers are supposed to go high because many people are using them now to purchase a coin or to trade since volatility got even higher.

Crypto exchanges are offline, not some kind of an offline company that is affected by covid pandemic and as a result they will need to close or  lay off their employees. Bill gates might be correct on the nft part. He is right that those who invest on nft's are fool but not cryptos, crypto investors are wise and smart because they did not choose nft. They know that it's only just another hype. Bitcoin won't ever be stabilized because is its nature to be volatile and we don't know if how long this bear can last.
1735  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What's your take of NFTs? on: June 15, 2022, 08:21:29 PM
The amount of NFT projects spreading to all over the world, makes it cheaper too, which is a problem. I agree with you that there are a lot of NFT projects right now, but doesn't that poses a threat to each other? Think about it, when there is 10 million dollars to go around, if it is 10 projects then each get 1 million equally, if there are 100 then each get 100k.

Of course it is not equally distributed, btu that’s the logic, whereas we are not even investing as much as we used to, which means that NFT projects are getting even less. I do not think that it is really a big deal, I feel like it should be considered as a bad thing and not a big deal anymore.
There are thousands of nft's but that does not downgrade the best nft's, bayc for example. Did the value of their nft's get cheaper? I bet no but they still cost millions of dollars. Same with cryptos, there are so many meme coins and shitcoins but top coins are still shining. It didn't affect the the way the people look at them.

A normal nft or a new nft can't set its price high but it should come in a difficult process first like what the top nfts have done before. That is the reason why most nft's are valueless just like a shitcoin and a meme coin. If you think that the nft that you are going to buy have all an equal quality then it's fine to put an equal amount on each of them.
1736  Alternate cryptocurrencies / Altcoin Discussion / Re: Survey Shows ADA Is the Most Widely Held Crypto in the Bear Market on: June 15, 2022, 07:12:52 PM
The largest poll so far was the one run by Vitalik Buterin in January 2022, the co-founder of the Ethereum Network, where over 600k people participated. ADA won against BTC there by 42%. BTC came second in the race by 38.4%
This can't be. If we look at anywhere, btc is the one crypto coin that is being talk the most during this bear. Everyone suggested to invest in btc and next to it would be eth but it is surprising that ada still manage to won the competition secretly. There are comparisons about avax and ada but it can be obvious that ada is going to win on that one. I think the reason why ada won is because it more cheaper than the two giant coins.

Ada also has its own fundamentals and that shouldn't be mentioned anymore as many people already knows that. As of now, btc is still declining. If this continues, more and more people are going to pick btc and btc could win this time.
1737  Economy / Economics / Re: Covid omicron version 2.0 monkeypox coming and markets on: June 15, 2022, 09:53:12 AM

So i welcome the moneypox im not scared becouse i know its good for the markets.
I wish that you will answer this question. I can't think of how diseases can be better for the market really. Except you thinking of bear being that it make shade off market volume and bring volatility because of panic but generally it is not one of the factors that should be good for the market. Bear market is not usually a better story for hodlers except for traders.
It seems he already knows the answer because he states some reasons there and he was so bullish about it but he likes to share his insights to us that is why this thread is here. He thinks the new variant is better for the market because he sees that covid brings some positive impact in the market. You know, people stays at home and can discover something that they didn't know before like cryptocurrencies.

There is also stimulus and there are reports that some people use it to invest in cryptos but of course the health is still better over those material things because once it lost there will be no other replacements for it. In case of a bear a hodler can still buy a crypto in addition to what they are hodling.
1738  Economy / Speculation / Re: $13,000 is quite possible this week on: June 15, 2022, 09:08:25 AM
In my opinion, $13K is quite possible this week for Bitcoin. But whales are confuse for dumping more because they know Bitcoin has more value and it is undervalue around $13k. So more dumping means draining their bags so quickly. People are really hungry for Bitcoin in new inflationary era.
Anything is possible in bitcoin, to go really high or to go really low but I don't think this can happen this week. We have stayed in 27/28k for a couple of weeks so I am expecting it to do the same with other lower numbers. The dumps won't be instant but it will go slowly.

Being confused is not in the vocabulary of whales but they already planned their moves in advance. That is important for them because they are professionals. Btc can drop to a much lower price but this didn't remove the fact that btc is still the most valuable coin in the crypto market. They can sell massively only to dump the price but they can always buy more bitcoins once it dumped.
1739  Economy / Economics / Re: What is the golden rule of investment? on: June 15, 2022, 04:35:21 AM
I don't think this is entirely your friend's fault, it means that his 2 friends don't have any knowledge of crypto, if they are advised and follow them. those who do not understand risk but optimistically invest, until they finally experience disappointment. Therefore, in investing in crypto, it is permissible to accept advice from others, but personal analysis must be used to determine our steps
They don't have a knowledge in crypto and that is the reason why they seek advice to his friend but maybe his friend didn't give them a disclaimer that what he taught are not 100 percent guaranteed to work. That was his mistake there and now he is being blamed for their losses but time heals, if they are a true friend they will not exchange that friendship for money that is lost and besides, his friend can do something like paying them and continue to give them a much proper advice.

Now that this happens I think his friends are now going to be more cautious next time and they will now probably learn how to make their own research.
1740  Economy / Trading Discussion / Re: Cryptocurrency Huge Down from ATHs. what will happen the next ? on: June 14, 2022, 09:28:10 PM
It is time to cash out your risky asset to fiat currencies, not to stable coins because we don't know what will end with stable coins.

That is reasonable concern and it triggers the massively bank-runs from many cryptocurrency platforms. Market manipulators take advantage of the global financial recession in order to create panic sells, bank runs and more seriously liquidations on projects, institutional positions.

That is insane and it is my first time to witness it.

Anyway, after all of drama, massacres, cryptocurrency and blockchain technology will be here, to serve the human society for a better future, more convenience, better transparency, etc.
Really? And you will be doing this on this situation where the dump is now heavy? I think it's too late for that. Risky assets shouldn't be held this long but they should be disposed as early as possible or when the market is still in green condition. Some stable coins are safe and can be better than fiat, so you shouldn't be afraid to convert them your risky assets.

The last thing that you said, about the purpose of cryptos is the thing that can make this market recover. At some point there will be a demand for them because they can be used for other purposes not just for investments. @OP what happens next is prolly a huge pump as this scenario is similar to what I saw before.
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