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1801  Economy / Economics / Re: What are your honest thoughts on Crypto in the future, given what is happening n on: July 18, 2022, 09:18:54 AM
I'm gradually losing faith in its long-term viability.


What are your thoughts on this?
What are the cryptos that you're holding?

Just look at the market, you don't have to lose faith if you've got a weak heart. You can be down and sad temporarily but don't stay on that feeling for a long time because that will really lose your faith towards the market.

If you're less experienced on this market.

Listen to everybody that's been here and had experienced several market dumps. It's all about being patient and you don't have to rush until the market goes back again at its peak.
1802  Alternate cryptocurrencies / Altcoin Discussion / Re: Largest exchange in Philippines to list SHIB !!! on: July 18, 2022, 07:46:34 AM
These exchanges that are announcing that they're going to list shiba is sort of late to the party. If they've done that during the bull run, I guess that this is going to make noise.

I agree with you that the platform is very late in listing this currency and that this may be considered as excessive hype, but looking at the platform we note that the platform originally only provides the possibility to acquire Bitcoin, Ethereum or Bitcoin Cash. I mean, I will not be surprised that this step will be celebrated despite its simplicity compared to other platforms.
Also, it does not seem to me that the platform allows selling, as users can only buy according to what I understand from the home page.
Maybe for their users that hold shiba, it's a likeable listing to them as they find the exchange easy to use.

But they're really too late on this adoption and they should have done that long time ago. We'll see if it's worth it for them that they've listed it when the hype's over.

It's also probably a long time before they've decided to accept it, they went through thinking and planning before it happened. Yeah, good but let's see how it will look like when bulls are back.
1803  Economy / Trading Discussion / Re: Bottom? on: July 17, 2022, 10:39:05 PM
Correct. And it's not up to two personalities or 1 country that has "recently" used Bitcoin as their legal tender.
The movement depends on demand and purchasing powers but I don't think the names given have that, for now.
Yes, it would have always been with the demand that shows the market whether we're on low or high.

When the war started and the economy fell for many nations where I always blame for why Bitcoin fell but that's not the entire reason behind it, maybe just a part of it.
Bitcoin has a history of corrections every time it reaches a new ATH and it's happening again.
That had became a domino to all. And this worry has also started during the pandemic and we thought that instead of getting into the bull, an unstable and bear market would have come out by then.

Now that we've experienced the fall of the market, we just need to wait until how long it will be this low.
1804  Alternate cryptocurrencies / Altcoin Discussion / Re: Largest exchange in Philippines to list SHIB !!! on: July 17, 2022, 05:51:45 PM
These exchanges that are announcing that they're going to list shiba is sort of late to the party. If they've done that during the bull run, I guess that this is going to make noise.

But not at this time.

Well, they've added it to their listed coins but there's no big noise and catch to it, maybe for those that have been using that exchange and holds shiba, you've got easier access to dump it soon.
1805  Economy / Trading Discussion / Re: Many people become binance futures full time traders as job on: July 17, 2022, 02:20:26 PM
Trading is not for everyone. Sure there are some who thrives in it but I would not recommend it to someone who have a weak heart.
I won't also recommend it.

Those friends of mine that are asking about trading as they've seen it in some ads and influencers, I'm telling them that don't believe too quickly. It could be a lie and they're just showing their wins but not their losses.

It's not really for a weak heart and with a drop of $10-$100, they're already panicking.
1806  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How are your shitcoins? on: July 16, 2022, 08:43:00 PM
I've done the same experience also with shitcoins and that's why I've learned from there and started to buy only good altcoins that I think will be there for the next 5 years.

It is difficult to predict what will happen to any project in the crypto market. Because the Luna incident taught us a lot, that even top coins can become zero overnight. But yes, investing in solid projects has a little less risk compared to shitcoin.
True.

It's getting harder today and that's another learning experience but I haven't invested there but, I feel those that have lost lots of money in Luna and UST fiasco.

There's really something that tells everyone in most altcoins and that's why we need to be careful with our choices. We have to do our researches all about it before investing.
1807  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How are your shitcoins? on: July 16, 2022, 11:19:08 AM
I also lost a lot of funds investing in Shitcoin. I have held some shitcoins for almost three years and those coins are showing no signs of recovery, even during the bull market there is no change in the price of those shitcoins. So this can be a lesson to never think of trusting this shitcoin for long term investment, because this shitcoin can eat your entire fund.
I've done the same experience also with shitcoins and that's why I've learned from there and started to buy only good altcoins that I think will be there for the next 5 years.

I've already given up with those shitcoins that I still hold because there's no more hope from them.

But with those lessons, I just find the value of those shitcoins as additional knowledge to myself and experience that totally helped me.
1808  Economy / Gambling discussion / Re: Does bitcoin dump have any impact on gamblers ? on: July 16, 2022, 08:32:14 AM
Alot of people are betting in dollar terms so it has an effect.   I agree with the idea to bet the BTC amount but not alot will do this, they refer to the value to buy things immediately only not the investment amounts to BTC.    I would try to focus on accumulating a whole Bitcoin from a lower amount and find this an objective, the game within the game and only worry about the price when I come to sell my earnings.
  After all it can take years for BTC to actually move properly, people worrying about the price so much is pointless it should be the bet you make that matters most if you win be happy and I do think BTC recovers in time with regular usage.
At this low, many would accumulate because it's the essential thing to do for those that have sold at profit and then haven't accumulated back those.

There could be some spared bitcoin to gamble but it won't be a lot just as how many gamblers have spent during the bull run as if it's nothing because the price is high.
1809  Alternate cryptocurrencies / Altcoin Discussion / Re: Would you guys invest meme coins now? on: July 16, 2022, 07:08:23 AM
For now no, it looks like the trend of meme coins continues to decline,
It's all due to the market's situation and that's why it includes the meme coins in the continuous declining  of it. As the whole market goes in a bear market, meme coins are not exempted.

as evidenced by the number of meme coins that have disappeared or dropped significantly
IMHO, actually, this is better. More meme coins to be gone because these developers have thought that there will be a never ending cycle for the memes so they develop every time and new meme coins.

at first I was optimistic about some meme coins like Kuma INU, but when the market continued to drop they couldn't survive.
Many of those INU projects will decline for sure and one of the few to survive is likely shiba.
1810  Economy / Gambling discussion / Re: This clearly damage the gambling. on: July 15, 2022, 11:43:37 PM
That's part of gambling and many knew it all along even before they enter gambling. The match fixing has been like the sideline of these players in those unknown leagues or lesser popular leagues.

They are barely checked because it looks like they're less important than the usual league.

As they've said, it doesn't really damage anything in gambling.
Is it part of gambling? In my opinion any self respecting bookie would void any bets made, that were lost or won due to match fixing. At least, proven by a independent body. That could be difficult, since funds would have to be frozen. Maybe, bookies should only do it to losses, and therefore void them or give them back as credit, and just take the hit on those bets that have won, to avoid freezing winnings.

It does damage the users that bet on it. If you've bet on x to win, and they throw the game, you've basically been shafted.
I mean that it's part of gambling in a sense that many are aware of its existence.

I've seen those bookies that have voided the entire game due to some scandals and it does happen when the respectable bookie have caught that there's anomalies for specific matches.

1811  Economy / Gambling discussion / Re: 2023 NBA Season on: July 15, 2022, 10:50:30 PM
That's actually the key.

They just need to explore more with their options on what they actually have right now and that's the bench. Also, you're right, it will take time for another chemistry to be built and that could affect early games that they've got.

I'm sure that most teams would like to win their early games and it's no longer just a testing phase as it's always serious for them when it's all about those matches.

I have to agree with you both. Give Westbrook a chance since he already has experience playing with Lebron James and Anthony Davis. In fairness to him, he didn't act as a leader wherever he is playing with LBJ and AD on the floor at the same time unlike on his previous teams. He is just following Lebron as a playmaker and he's just there waiting for the play to design for him. That's a good character of him but it's just that his shooting percentage becomes worst last season.

If the Lakers will get again another Superstar level, prime or post-prime, they have to rebuild again that chemistry over and over again.
Yeah, on the last season, he didn't felt like he should act like some superstars have been doing lately.

It's better for them to try and test the current roster and I guess they've got enough and they can get a ring again with this roster. They're actually strong.

I like seeing a super team but sometimes they blow up and they're like combining just to have a negative result. Still, it works for most teams.
1812  Economy / Gambling discussion / Re: This clearly damage the gambling. on: July 15, 2022, 10:03:45 PM
That's part of gambling and many knew it all along even before they enter gambling. The match fixing has been like the sideline of these players in those unknown leagues or lesser popular leagues.

They are barely checked because it looks like they're less important than the usual league.

As they've said, it doesn't really damage anything in gambling.
1813  Alternate cryptocurrencies / Altcoin Discussion / Re: Advice from a stranger on: July 15, 2022, 05:53:16 PM
Is it true that new altcoins are the best to invest in right now?
You will never go wrong with bitcoin.

Someone said you can easily make better profits from new projects than investing in old altcoins that have already x their values already, what do you think? Good or bad idea.
Well, if that's what he'd been doing and he's making it then he's good with it. But for those people like me, I'll choose the older ones because of their stability and what they've been through with the market.

There will always be the good new projects but you'll never know how long they'll stay in the market and how good the devs are at the beginning of it and that's why I choose old projects that are proven and tested.
1814  Economy / Gambling discussion / Re: 2023 NBA Season on: July 14, 2022, 11:44:33 PM
There's no need for the Lakers to actually get another big package in exchange for Westbrook. It's another chemistry building again which the Lakers suck.
Keep everything on the core and just revamp the bench. Give it a season more before considering breaking again the core players. The cycle will just never stop.
That's actually the key.

They just need to explore more with their options on what they actually have right now and that's the bench. Also, you're right, it will take time for another chemistry to be built and that could affect early games that they've got.

I'm sure that most teams would like to win their early games and it's no longer just a testing phase as it's always serious for them when it's all about those matches.
1815  Economy / Gambling discussion / Re: Kazuto Ioka vs Donnie Nietes II on: July 14, 2022, 10:51:15 PM
Boxing fighters is like wrestling fighters there's no difference between boxing fighters..
I disagree with that, Boxing and wrestling as a sport are completely different in the sense that Boxing is real competition while wrestling is scripted or just like an acting job to entertain people. It's not a real competition compared to boxing where we have a world champions.
Yes, they're completely different.

They could be both athletes but the sports itself are entirely not the same so how could you say that there's no difference between them? Boxing is more crucial while in wrestling, if it's the typical sport and entertainment that we watch, then you know that there's the acting thing on it.

In boxing, you really see those knockouts for real and with long trainings before the match, that's how they put dedication on it.
1816  Economy / Trading Discussion / Re: If Bitcoin drops to $8k on: July 14, 2022, 09:58:14 PM
To be honest, at this price, I would definitely buy more. For me, this would be a very good option to increase profits.
$8k is low so definitely many are going to buy at that low.

Whoever won't buy at that time even just for the sake of DCA, don't really have that much attention to the price.

While everyone is surely going to buy with that rice, then there goes the others that are making excuses despite that they've said that they'll buy.
1817  Alternate cryptocurrencies / Altcoin Discussion / Re: Are NFT drops profitable? on: July 14, 2022, 03:28:06 PM
I have been seeing a lot of NFT drops on Twitter and I don't see that trend talked about on this forum. A lot of people are investing in and flipping NFTs instead of trading cryptos like we are. Have any of you had luck flipping NFTs or claiming NFT drops? Are the NFTs you collect art based only or also utility based NFTs like the NFT drop from MAXX Finance? Although it can be harder to sell NFTs in some cases (because there is no liquidity), the plus side is that you don't have to worry about which exchange you can sell your airdrop on (as is the case with token drops), you just sell them on major NFT marketplaces like OpenSea. I think this must be profitable for some people as you see NFT punks and apes trading for millions of dollars. What am I missing here and how do I get in on this trend?
Still there's the hype for the NFTs?

I thought that they've been gone since the bear market has entered and despite that they've got a really nice year last year, it's no longer that ideal to invest with those.

As you've said, there's no longer liquidity on it so it means that there's no interest on it. No one shall stop you from collecting those NFTs that you're seeing but if you want to see its worth by selling it then there's no liquidity, that's nothing.
1818  Other / Beginners & Help / Re: How Choosing the right trading strategy?? on: July 13, 2022, 11:04:21 PM
I love to trade, Seeing market conditions is always in a state Mirror Trade goes on every day, this makes me confused to choose the right trading strategy because prices fluctuate.
Trading doesn't just come of easily as you think. You need to experience how to do it and think for yourself if you want to continue or not.

As the usual trade goes by telling buying low and selling high, that's all about it but to add flavor and getting more chance of winning your trades.

You need to be educated on how to read the charts and know more about RSI and other indicators that you might bump off with your trading journey.
1819  Economy / Gambling discussion / Re: 2023 NBA Season on: July 13, 2022, 10:03:33 PM
As for Irving he has been likely to be traded with Westbrook. This deal would be great for Lakers but not much for Nets unfortunately.
I've heard that Lebron would like to play with Irving but just as the trade, it's all the rumors that I've been hearing. Well, I guess that would just be another enjoying season for Lebron for choosing who he wants to play with.

As for the trade with KD, Nets really have to put priority on him as they've invested that much on him without getting that great return for his staying career on them.
1820  Economy / Gambling discussion / Re: How Gambling companies can get more uses to deposit. on: July 13, 2022, 09:09:14 PM
Having more options really will make someone try it or even stay on it if the process is always smooth for both withdrawals and deposits.

You're attracting every type of customer that likes those payment methods and not only into those fiat payment processes but also in crypto. But having too much is not that good too IMO unless there's no charge for using all of those.

Also, if they've got their money from any of the option and that's making things easier because they can deposit immediately.
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