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1841  Economy / Economics / Re: Share your Money management strategy on: May 03, 2022, 10:37:12 PM
I do not take loans as much as possible, as it will make you even poorer. Just do what you can with what you have. It is been like these for me just for how many years. Maybe I borrow money but without interest, from my family and few trusted friends but never from a loan shark including banks and other lending services. We've got to stay away from debt, it will be a hindrance in our goals, it will shackle us. Don't buy things that you don't need, for example super branded clothes. Name it all, it should be enough to wear simple and clean clothes, if it is just for impressing people then keep the hell out of it. Do some business, things that you love is a great start. Learn something new until you will find the one that will make you stay and invest money on it. Successful people work their asses from different kinds of jobs until they've found their passion job in life. I have been in a situation with a single dime in my pocket, and it is frustrating but I never gave up until I have made it to where I am right now.
Just agree with what you said. Borrowing to make capital, do we really have to think like that for everyday life?
maybe it's true that borrowing is one strategy but we have to look at our abilities now, Borrowing is not something good enough because as you say this will only kill slowly.

why not use what we have because the expectation of borrowing will only make you worse than before
Not all the time because there are times which we are really that short in money on hand which its not bad to have that considerable but you should really be that responsible on repaying those debts
so that you wont really be putting yourself into trouble on the day that you would need to pay those interest and the amount had been borrowed.IF you do see chances or opportunities
then go ahead but you should be aware on the  risk involved since we know that crypto profits isnt guaranteed and would really vary or depend on when the market would make
out some significant movements which would go in line with your prediction and made out profits.
1842  Economy / Gambling discussion / Re: Are you Still Supporting And Playing On Newly Launch Casinos on: May 03, 2022, 09:29:53 PM
I don't really care about new casino launches, I'll just wait and see people play there. If they always run normally and the casino always pays out correctly then I'll try to play. The 100% bonus can make people tempted to play there, even though the bonus can only be used to play and we cannot make withdrawals, but to be able to return the bonus losses it is very useful at the casino. Most importantly, don't take risks, play at a casino that can provide good service to its members.

better safe than sorry, right?
the first one to arrive may collect a better premium as less competition but sometimes the risks are not worth it.

I prefer waiting for products to be more battle tested as well, sometimes
Mindset of those people who tend to test out a site into its newly launched state would definitely take advantage when it comes to bonuses and perks since they are the ones who do early
make involvement on the site.New sites doesnt automatically tagged to be a scam or shady but we know that there are indeed chances thats why some people  are really that hesitant
thats why they've decided to wait up for others feedback and words whether it doesnt really have any issues which i could say that its an initiative but there are indeed
people who do really take risk on earlier times.
1843  Economy / Trading Discussion / Re: Is Using a Stop loss "Good" or "Bad" on: May 03, 2022, 08:19:14 PM
Well, the discussion has been long enough to evaluate if this is Good or Bad, or if it was helpful or not. And to find out that the majority voted YES, was Good and it was helpful.

But of course, it was just ourselves that can assess how it affects us. As this also varies on our strategies and our decisions. This stuff makes the results different and even though we all are using a Stop-loss strategy doesn't mean we have the same output. Yet, it is very important to know how we communicate and respond to market situations.
There are traders who rarely use stop loss and choose to hand-close orders. Yet, they are still able to manage consistent earnings because they know their edges and create a good trading habit. Stop loss is just a way to prevent loss. However, controlling ourselves is the true key. With such characteristic, ones know what to do, how to manage risk, and when to enter a trade.

Stop loss is not essential, but it should be crucial to all newbies who know that they are more "gambler" than "trader"
They do rarely make use of stop losses since they do know that once they have loses they could still have the chance on taking it back as long you havent close the order.
Althoug majority of people been saying or mentioning about Stop loss benefits or usage but we know that there are specific conditions on which it could
fit out.

Here's a good read: https://www.marketwatch.com/story/why-i-stopped-using-stop-loss-orders-2013-05-09
Always consider that there's always a cons on using it.
1844  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What's your take of NFTs? on: May 03, 2022, 07:21:14 PM
I'm against it right now but don't shy away from a chance to invest in it as long I can see the money trail, the potential of dumping it to the next guy for a higher price. Maybe in the end, it was just the same for cryptocurrency in general cause I know there are people that even though they did invest in cryptocurrency but still have very low hope for its future prospect.
Its not bad on having this consideration when it comes to investment even though it is really purely just based on hype and fomo as of this moment on which people or investors are really fan of
dealing into something which could give out some chance for them to make a millionaire if a certain nft would really be getting that much demand then you could really have the chance
on getting rich but dont raise up your hopes up because this isnt something that you could attain easily because it could really be varying whether it would be chosen or not.
So its still a game or chance i would say but i dont see any significant utility of these things rather than to be that a sort of collections.
1845  Economy / Gambling discussion / Re: Your NBA Champion this season? on: May 02, 2022, 11:49:13 PM
I just want to point out that in the beginning of the season, for couple of months, there was the Chicago Bulls wind across the league. They were maybe the top contestant for the title at that time for most of the people. But also, some people knew that league was a long marathon and things could change. Which exactly happened. I was expecting a more fierce fight from Bulls, but Bucks just were better and got the series 4-1. Even though I personally don't like Bucks very much, I must admit that they are still a very big contestant for the title. Giannis got his nickname for a reason. I am really wondering if any of the teams from east or west that could beat Bucks, but it will not be easy.
Making out conclusions when the season is just starting is really something that you should boggle up yourself because it would really be subject in lots of changes due to lots of factors which would able to affect overall team performance specially in playoffs.You could able to determine as early as we could but we dont know on what would happen in next games to come on which those impressions
and conclusions would really be changed accordingly.As for Bucks then we know its history then beating up this team is really something looks like on breaking a tough wall.
1846  Bitcoin / Bitcoin Discussion / Re: New York passed a bill against Bitcoin mining on: May 02, 2022, 11:12:14 PM
Because they are now into green energy, Bitcoin mining industry is rising so maybe the New York official find that alarming level and if they didn't regulate it then provably this will create another hazard in environment. Maybe miners should find a solution about this issue and use alternative energy source which is environmental friendly so that they can continue to mine and change the current implementation.
Im not really that too convinced with environmental issues about bitcoin or crypto mining i would say.I do rather believe that pollution made out by factories or million of vehicles is the one should
really be in concern of if they do really mind off about being green and not just focusing just with this mining it would say which i do see that it do only give out small siginificant effect
in terms to environtment.They are really just making of use with those kind of reasoning for them to input some bill or laws against it which is
pretty obvious imho.
1847  Economy / Economics / Re: The first rule of investing is saving on: May 02, 2022, 10:47:17 PM
Well I learned it the hard way, I was confident living with only investment so when things got bad I don't have any back up.
So now I am starting over again and I am not starting from nothing because of all of my experience and things that I learned from my mistake,
I hope I could make it back again and handle it nicely this time.

I wish you good luck! Starting over is always difficult. There is a fear that this time something might not work out too. You took into account your mistakes and gained experience, which is very good. Investments are not as easy as we think. Doing it right may not work on the first try. Sometimes you have to lose your money and it's sad, but I'm sure that you will succeed this time.
We do all start on being a noob or something that does have zero knowledge on things but once you do get the real experience then you would really be that able to be aware on how
things should be done.Speaking with savings then it could indeed give out that kind of advantage on several things specially if you do have accumulated enough which you could
potentially make out investments on particular conditions specially if you do see some opportunity which you cant do it when you dont have savings.
When you do make money out of investments then you do save up money which its just really a cycle.
1848  Economy / Gambling discussion / Re: Horse Racing and Gambling on it should be banned on: May 02, 2022, 04:28:09 PM
That's the sad fact when it comes gambling, because there's always a cheating. Especially when it comes such games because they all forced the limits of the animals and they put drugs or whatsoever in order to win, wherein seems they don't even care what will gonna happen afterwards. So i agree that they need to ban such gambling because they're killing animals obviously.
Its been rampant but could the government would really be having that kind of consideration specially if a certain gambling game does generate much revenue? Im much sure that they wouldnt
care that much if we do talk about animal rights or just being ethical since it wont really be that much of an issue.There are countries though that is really that serious
in terms of animal cruelty and giving on some protection which they might really be considering on implementing or banning it on overall.
We do hate animal cruelty of course but there are things which ends up on being a norm where they dont really care at all.
1849  Economy / Trading Discussion / Re: A single trading tool is not enough on: May 01, 2022, 10:15:11 PM
but with just using one tool like the Fib retracement, I think it is not enough.

Surely using just one tool in trading isn't the best either. We need at least two indicators or three for comparison and confirmation of trade. Doing just a single indicator trading is just a gambling exercise. Trading actually requires the use of indicators and chart but not to cluster your trading window. When I use many indicators, I get really confused.


The use of many indicators is not a good idea and indeed it was confusing which only leads to a wrong decision. Having the chart is enough for me, it already gives us some view of the market and enough to predict what possibly happens in the incoming. In fact, we can draw analysis from that, and perhaps, I was seeing positive results compared to the time that I use different indicators.

What is the best thing is that we can perform better trade and profit as these trading tools are not all effective.
Confusing for some but if you are the ones who do set out those indicators then you wouldnt really make yourself lost or get confused since you do know on how to read them up which means
that it would vary on someone or person or trader on how many indicators that they would be using on.Each does have corresponding functions.So it would vary
because there are some who do make naked trading and there are some who do use lots of indicators to check out about price signals or patterns.
1850  Bitcoin / Legal / Re: Don't panicked if bitcoin illegal in your country. on: April 29, 2022, 08:04:19 PM
Yes we are just trying to make things easier, but this does not like governments who consider ease of moving and storing money a punishable crime so you can't own bitcoin in a country that doesn't allow it, you have to keep it in your wallet until it becomes legal or sell it in Another country and you bring paper money to your country, there will come a day sooner or later all governments will accept Bitcoin against their will but until that day we can do nothing illegal at the moment.
Government would always be hating bitcoin or something that in related with anonymity and decentralization which is totally opposing on things that they do really like to see.
As a citizen who do live out on a country which does restrict nor prohibit bitcoin use or crypto as a whole then you wont really be having no options or choice but to deal
with it because they are the ones who do make out laws or rules which means that its better to be safe rather than make yourself caught and be fucked up.
Somehow you could still deal with crypto in anonymous ways which is the pro's on dealing with it, it doesnt need any permission and you could still
make out some involvement.
1851  Economy / Gambling discussion / Re: Horse Racing and Gambling on it should be banned on: April 29, 2022, 07:41:27 PM

Are you aware that most of the horses go through slaughter as well? Some of them have very bad injuries making them not even the least bit useful for the business therefore they are killed without second thought. I do hope people would get more aware and try and steer away from *horse racing*.
Just because it do shows animal cruelty doesnt mean that you would really be considering on banning it because if we do just stick around on that kind of rule or law then livestock killing
wont really be that happening.Just like on what others saying that this is an ancient game or sport on which it is not really that possible that it would really be banned nor being stopped
just because for that very own reason.Its always been a part and yes, it is cruel but something that could be handled with.
1852  Economy / Speculation / Re: No FUDs will win the market on: April 28, 2022, 11:44:11 PM
FUDS has been very massive since Bitcoin skyrocketed and hit $ 1000 at the end of AHUN 2013, they succeeded in making panic and many investors who sell so that there was a correction and price of drops below $ 100 in 2014, but the community was getting stronger and made Bitcoin continue to increase, of course things that made the position Bitcoin is increasingly being the number of exchanges that are actively campaigning.
For those who had been here on this market specially into those early years then they have seen lots or tons of Fuds in the market.We cant say that it wouldnt win in the market
yet it does really give out some significant effect which could really cause that depleting movement of price or crashes on this market which is something not that surprising.
Thing here is that you should really see these events as a good time or opportunity for you to buy cheap instead on stressing yourself that the market might die. lol
1853  Economy / Gambling / Re: Btxwar.com new site on: April 28, 2022, 10:36:51 PM
Well since you said your site is not 100% completed I will reserve some of my comments until I see how persistent your team are to keep up with the development.

A quick run through the site it shows the site is simple and have a friendly outlook but I did not try out the site so I can give any feedback on you services.

So you came to write that you will not write anything.. Impressive!

If this website had not been launched, how would the owner collect feedback from the community?
Everyone has to start somehow. Primedice looks worse in my opinion, and is one of the most popular cryptocurrency gambling websites.
Primedice do really looks simple and clean but considering that its one of the earliest dice site then it did really patch out in overall speaking with reliability and trust.
Although i do agree on that design thing which is also that too simple.Whenever a gambling site launches then most of the time it should be finalized or finished
but there are something like this which are really that tending to get some community feedback which isnt bad either but it would be good if everything
would be smooth and finalized even though its not perfect but at least it would leave out good impression.
1854  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What's your take of NFTs? on: April 28, 2022, 09:37:34 PM
The way they currently exist is useless.

I think that it's a matter of time before the hype completely dies down and a lot of people leave empty handed, especially those who have invested their savings into these things in the latter half of 2021.

However, as a technology it does have merits. And I certainly think that it is possible in the future we see more adoption.
All the thing that we do need to see is into its actual utility because this is the only way i do see for projects or trends to last that long or several years and not just because of some pure hype
and we've been there when ICO trend happened on which it did really result into a mess  after later years but im not saying that it isnt really worth of the investment because
as you can see in overall volume and cap then we could really tell that there is really someone who are really a fan of dealing with these things.
1855  Economy / Trading Discussion / Re: Bear market every team will pump their own coin on: April 28, 2022, 08:24:44 PM
Bear market what is might coming if fed really really decide to cut off big money dollars if they do so.
Then btc off course not moving and few top coins also will not move but this situation is not bad becouse each team will pump their own coins so we will see most of market stalled and 1-3 coins pumping its get urself in the team if you want to eat each team will pump their own coins.
Teams don't really have enought liquid funds to pump their own coins, even if I say that pumps are conspired they are only possible in very bullish conditions when bitcoin is running high because then the whale money and retail money also flows in that direction to aggregate the pump and actually make it successful otherwise alone it's difficult for any team to pump their coin in a bearish market because the moment a pump is orchestrated bitcoin falls a bit which brings that coin into a bearish direction as well. So it's difficult to have such a situation practically.
Manipulative pumps could only be possible on low caps which a whale or retail traders does have the same input or plans on selling or buying off coins which would really be giving out that
kind of outcome but talking or speaking with solo buying then it would really be needing that funds on making out some significant movements and if we do base up on coins
which does have big value or marketcap/volume then doing such thing would already be pain in the ass.It all matters with the community support most of the time
on where there are indeed coins who do really oppose on the current trend and doesnt really get that affected.
1856  Economy / Gambling discussion / Re: Australia to ban Pokies on: April 28, 2022, 07:27:13 PM

----


It entirely depends on the social situation in Australia. If gambling has really become a big social issue, then it's no wonder that government will step in to eradicate that issue slowly but surely. Especially if it is affecting the youth. So I don't see anything unfair in this.

Probably Australia can take Las vegas route instead. Designate an area where all gambling houses will be situated and represent it as a tourist destination. But again, if government can't control an issue, they prefer to ban it.
They wont really be making out such action if they arent seeing something bad whether they are really in concern of  their citizens possible addiction or minding about the youth on being affected.
Whether they do ban it or not then it would still vary into them because we know that government does always have the final say when it comes on implementing things and of course there
would be some significant effects in terms of revenue when they do tend to ban a particular game but well its up to them and its impossible that they dont able to think
about that manner.
1857  Bitcoin / Bitcoin Discussion / Re: Craig Wright Proving He’s not Satoshi- AGAIN on: April 27, 2022, 11:37:00 PM
I really don't want to get into conspiracy-ish theories, but why does this news channel like interviewing BSV-ers so much? I'm really not sure but as far as I remember this isn't the first time CSW showed up in their show. When people have finally forgotten about this guy, suddenly he shows up on their show lmao.
He dont really like for his name to be forgotten and wont really mind if he do make himself look funny or dumb in the public.Im quite surprised that there are indeed people
who get fooled and believe into his claims.This market does have lots of bullshit and only the dumb ones who would easily fall out into these tricks
but the ones who do knows the truth would just actually laugh at them.
1858  Economy / Speculation / Re: Why the price of Bitcoin still in such a state? on: April 27, 2022, 10:31:38 PM
Why is the price of Bitcoin going downhill? I kept saying for two or three months that the marketplace will be better by this time and the price of bitcoin will move forward. But my idea is wrong. Experienced people will share your opinion on why the price of Bitcoin is in such a state.
Get used to it because the price had always been like this on which it could be moving sideways or on accumulation phase which it is something that not new into this market.
We cant really see a market to have continuous price increase and we know it could be composed of bearish or bullish movement where you would really begetting used to
it on the time that you would really be setting your foot into this place.You would really able to familiarize it out once you do gain up experience.
1859  Economy / Gambling / Re: Sign Up Bonuses on: April 27, 2022, 09:45:33 PM
snip
Just hope that from Free Spins, you can win a lot of money and withdraw the win money so you can get real Free money from the casino and use it to deposit on the other days.

But it is rare to win from the bonuses and maybe for some people who have big luck, that will happen. At the same time, the rest of us will not get it and needs to deposit more before we can win some money.
Normally bonuses come with a lot of rules and requirements and most times players may fail to meet up with those requirements and will end up losing against the House if care is not taken even the player's deposit will be lost along with the bonuses.
Not all the time, I played with the Moonbet recently and I managed to win their deposit bonus and able to withdraw it. For me they used it to attract players although some of them have difficult requirements probably it is to avoid abuse and also for the safety of their business, no one will run a promotion that the users will likely to win.
Gambling site/platforms are businesses which its understandable that they would set out hard or close to impossible kind of mechanics or requirements for someone would able to withdraw out out of those bonuses and you are somewhat lucky that you do able to manage to win and able to pull off some withdrawal which majority of gamblers do really fail to do so.
Its one of the ways for them to hook up players specially newbies but once you are aware on how these bonuses work then you wont really get excited for it on next time.
1860  Economy / Economics / Re: One nation one currency... on: April 27, 2022, 08:56:15 PM
From the beginning of humans, we have created boundaries between ourselves by lots of conflict over the century. Our greediness and eagerness for more power make us intelligent animals. Humans are capable of their own destruction. But what if those never happen? what will be the scenario of the current world if there is only one nation and one currency and humans invest their full strength for human resource development and the development of science and technology? What do you think is that even possible in the future and what will be the benefits and inconvenience of it?

I think that in the current situation it is not possible for everyone to live together under one roof or, as you say, to be one nation. There are a lot of contradictions between nations now, and this is shown by the policy pursued by some countries. Moreover, in addition to contradictions, wars are being waged, both real and political and economic. As you can see, there are a lot of problems now and without their solution there is no way to start living together as one nation. But it is certainly a very good and correct idea. Personally, I would be very happy to have one nation, one currency. I think this would contribute to better development and greater success in all spheres of human activity.
No, it  wont happen even on my wildest dreams considering that we do have different type of government which its impossible that everything would be ending up on a one currency kind of nation
which is something that cant be possible no matter what.Interest and plans would really be in conflict in between which do simply signifies that this one cant really be that possible.
Yeah, we know on what would be its pro's if it does happen but it would surely just remain as a dream.So better not to mind nor stress out yourself about this one because it
wont really be happening anytime soon.
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