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1841  Economy / Gambling discussion / Re: Test Cricket Prediction and Discussion Thread [self - mod] on: May 15, 2022, 09:44:00 PM
Actually, I had hoped after watching Shakib Al Hasan playing the Test match but after what happened on the first day I have to say the hope has been decreasing. Matthews scored a hundred and before that Bangladesh looked really good. If I am being honest I think Bangladesh bowlers leaked a lot of runs. That was a lot of short balls from the spinners and that is obviously unexpected, especially in test cricket.
After losing their two main bowlers this was expecting from Bangladesh, so they are suffering very badly against very good batting from Sri Lankans with now Mathews and Chandimal both on crease with 75 runs partnership which will be key for this match if these two able to stay on crease for some more time than surely it's going to be beneficial for visitors as they are having some good experienced players and pitch could be more slow in coming days which is also helpful for them now they need to go through for big score which is 450+ because this can give them driving seat in this match, and they can bring Bangladesh under pressure which is having very poor batting record in last few test matches at home and abroad.
1842  Economy / Gambling discussion / Re: Your epic fail experience in gambling on: May 15, 2022, 08:50:34 PM
I have many epic fail moments in my gambling experience that I want to share. Some of them is the reason why I keep playing while some are the experience that makes me quit on gambling for more than a year. Let me start with my first epic fail experience when I was addicted on dice way back 2016.

<snip>

Whats' your epic fail experience in gambling?
Let's see your conclusion and re-evaluate your decision making after the epic fail experience.
Do you think you are a failure because you lose in gambling and that makes you continue to play until now? But I bet you are still the same. That is because it is almost impossible to beat the gambling site that we are playing. If you will have a mindset like that, like you will keep on playing to avenge your loss then your losses are only going to stack up.

Just let them be (your losses) and don't attempt to recover them but just enjoy every session and play only for a different purpose and that is to have fun. Like everyone else, I too have so many epic fail moments in gambling but I treat them all as normal and part of gambling or part of being a beginner.
1843  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What do you think about CAKE? on: May 15, 2022, 03:42:25 PM
What happened to LUNA was really terrible, and I hope it doesn't happen to CAKE. I agree that usually CAKE is a project that can recover quickly, but because the current situation is very bad. Where Bitcoin price dropped very drastically to below the price of $30k, it finally affected the performance of CAKE. Because CAKE is currently still at $4, which is down about 90% from the ATH price it was a year ago. So there is still a possibility that the CAKE price will still fall even lower, if it turns out that in the near future the price of  Bitcoin will fall again.
Luna and cake are I think not the same so you guys must not worry about it. Cake has been there for quite some time and it was associated with pancakeswap (the leading exchange for bsc tokens) which makes its reputation high.

I don't think their devs will do something to damage it for some money. Btc and the entire market are still volatile as there are small drops/rise that we feel so I think it would be better to wait for a while before you invest on cake coin. 1 to 2 dollar might still be possible and it was a good value already to start investing. Just don't get tempted or feel regret whenever you see a small up in the price as it can be a trap.
1844  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: May 14, 2022, 09:08:26 PM
Empoli 1-1 Salernitana
Udinese 2-3 Spezia
Verona  0-1 Torino
Roma 1-1 Venezia

Udinese was unable to start a comeback against Spezia and later lost at home, The win meanwhile takes Spezia away from relegation struggles. Torino win leaves them 10th place and deny Verona an European spot next season. AS Roma could not win at home against Venezia which put their european spots in doubt as they are now leveled on points with 7th placed Florentina and 3 points off 5th placed Lazio
Now things are relatively wide open in Italian League table with four teams already qualified for Champions League spots, and we have some fight for Europa Cup spots but after today Roma's Lost against Veneiza this is also wide open with Lazio and Fiorentina are in better position for qualification and Roma is having all eyes on Europa Cup Conference league final for their next seasons.

Atlanta is already facing terrible after very good start of this season and now most chances they are losing their spot for Europa Competitions because they are playing the worst game day by day and now in next match they are going to face leaders AC Milan which is also having not good result for them in relegation zone we have only fought between Cagliari and Salernitana which is going to end on last day of this season.
1845  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin continue to have the same effect on alts? on: May 14, 2022, 11:56:39 AM
It will remain there, there's no doubt about it. Just like what bitcoin is doing now, it doesn't look good and keeps on dumping so the altcoins market is as well.
The market is showing the supremacy of bitcoin and no one can control that. Even the most successful altcoins cannot skip the bloody bath that the market is having which has started by bitcoin.
It is basically all connected to each other, it is not just bitcoin connected to the market but market is connected to bitcoin as well. Just to give an example, something happened with Luna yesterday, right? It all impacted Luna so much that it dropped 99% so far and I do not see it changing anytime soon, Luna is gone.

But, that impacted bitcoin as well and it impacted all of the market as a whole. Which is a proof that it is not just that bitcoin goes down causing alts to go down, it is also alts like Luna could change the market if they are big enough as well. I hope that we do not see this connection hurting us any further and allows us to profit soon.
1846  Economy / Trading Discussion / Re: What and where? on: May 13, 2022, 09:58:42 PM
I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?
You have chosen the right exchange as a place to trade because Binance is one of the largest and most popular crypto exchanges today, but if you are not used to trading there then you should try spot trading first with a small capital because in my opinion doing spot trading will be easier understood by beginners.
You do not "have to" pick binance though. I suggest binance to anyone who would like to wager and there is no better place than binance and I support it and will support it until they give me a reason why I shouldn't. However, just because they are the best doesn't mean that you should use them at all times.

Like for example if I was an American citizen, I would use coinbase instead because not only you will be directly depositing from the bank and withdrawing, you will also have that chance to pay taxes with their help as well, it's nearly automatic, your accountant will have a field day versus binance. So, there are "some" reasons to pick another exchange depending on the situation.
1847  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: May 13, 2022, 05:38:37 PM
A rather strange result, given that this game did not decide anything for Nantes in the tournament sense. Taking into account the fact that in the next round Rennes is playing with Marseille, and Strasbourg with a weak Clermont, Rennes has a chance in just two rounds to fly out of the Champions League zone to be in the zone without euro cups.
I am also shocked with this result as they were doing amazing job in last few matches, but suddenly they lost three matches which are now bringing them without any Euro Competitions because Marseille is in good touch, and they can thrash them out.

They were doing amazing job and having good opportunity for Champions League, but now Monaco is on and with this they need to beat Marseille for Europa Cup qualification otherwise Nice and Strasbourg both are ready for grabbing this chance they have both games very tough as first going to face Marseille at home and then struggling Lille which is not good but can stop them for any good chance. Now Nice, Strasbourg and Rennes these all having fair chance for European competitions.
1848  Economy / Gambling discussion / Re: The Paradox of Gambling behavior on: May 13, 2022, 01:41:04 PM
Gambling meant for entertainment not for investment but the greediness hide under everyone's character kicks in and force them to risk and gamble which will create negative impact for the 99% of time, gambling addiction is also another reason for people even realize the risk factor can't stop them from doing so its better limit their gambling activities from the beginning itself will save them from losing money.
It's really far terminology between gambling and investment, gambling can be viewed as quick money games while investment is steady grow of your portfolio. Trading is more closer than investment since in trading you can made some profit in a day. However I really not understand how an addicts really obsessed to deposit more and more until he rekt. On my experiences when all of my bankroll wiped out, I will be sad and it will be a lesson for me to not lose it again on tomorrow.
Yeah, that is also what I noticed earlier. Investment must be a wrong word to use but he can instead say gambling for profit however I think any money that is put on something is still called as an investment. You invest in gambling because you want to have fun or you want to try to make a profit.

To some, they can view gambling as a quick money/easy money scheme. That can be true if they are lucky and win but at most times it isn't because gambling sites can rig their games only to take more advantage. Investing is also not about steady gains especially in crypto where volatility is high. An addict is an addict, that's why they are obsessed. You don't need to become one to be able to fully understand them.
1849  Economy / Trading Discussion / Re: Price target on: May 12, 2022, 10:01:39 AM
Bitcoin price is now looking very bulish if its stable in this area for few days and next run can break resistance then end of the year it can go 65-69k in my opinion!! Also it can break its ath at the end of this year!!
I remember this topic. This proves that the OP is either wrong with his prediction or analysis or the Bitcoin and other cryptocurrency is really volatile. Last year, 2021 I remember that there's a lot of people including big crypto trading discussion group in Telegram that they predict that the price of the Bitcoin at the end of the 2021 is around $100k but look we are still stuck at $30k-$60k brackets.
Bitcoin being a volatile is a given thing, there is no argument against that. However I also assume that there is a case to be made about the prediction being wrong as well. Bitcoin is so volatile that it will always do something unexpected that you would not have guessed for a long time.

I am guessing that the best case we would have in this situation is that just hold it long term and these unexpected stuff wouldn't really matter to you at all. Think about it, bitcoin is said to go up and instead it goes down, or it is said to go down but it goes up, none of that matters, because you are going to keep holding it way after any of these situations happens.
1850  Economy / Gambling discussion / Re: PH banned online cockfighting - Worst gambling-related cases recorded! on: May 12, 2022, 09:03:31 AM
The negative effects of online cockfighting is way worse than the positive effects that it can give to the country.
TBH, I just don't know why they allowed it in our country. Tax? Revenue? You can get that in other ways but the morale and the effects of it to the people especially for those who lose all already are irreversible.

If you're from PH, you might seen some news from some bettors regarding what happened to them after losing to E-sabong. We've also saw around 30+ people that are missing just because of cockfighting. Some said that they stole money from other people. Some don't have families anymore because of it. Some feel sorry for themselves and regret what they did etc. As I'm watching these news and what is happening to these people, the more I agree with what our President did.

Now the Election is over and in a few weeks we have a new president. I just hope that this will remain the same and will not re-open online cockfighting to the public.
It can be a combination of tax and revenue but other than that, cock fighting is a classic game on this country plus the world now is slowly turning to online, that is why online cock fighting became a hit but its only sad that its career have now ended, it didn't last for too long but with the newly elected president, there might be a chance that it will be allowed again. That should give him an early boost.

Morale and effects of gambling to the people can change but of course if that person is willing to change but with the horrible news that are happening on this country and the ban that happened, many gamblers will realize that it's risky to get involved in this game.
1851  Economy / Economics / Re: "...all of the bitcoin in the world for $25" on: May 12, 2022, 08:33:31 AM
Buffett does not really value bitcoin but that is not really new, if he wants to give an opinion about bitcoin then there is not much we can do about it since he is free to do so, besides his hypothetical scenario has not a single chance of happening, he cannot even buy a single bitcoin for 25 dollars let alone the whole supply, so it is obvious that he is being disingenuous and this is nothing more but an attempt to try to lower the image of bitcoin in the eyes of those which are on the fence and do not know if they should invest in bitcoin or not.
If we won't do anything about it, the image of bitcoin is going to get damaged more and many people are not going to invest on it anymore, are you sure you want that to happen? Someone that has a power should stop this guy for continuously threatening bitcoin, he always do this to bitcoin. They should also do the same for warren and that is to threaten him that if he won't stop his nonsense, something bad will happen to him.

If there is something that won't happen that would be the price of btc to hit 25 dollars. We are not in the 2016-2010 era anymore but we are now in the 2022 where btc is now in the mainstream. I think the lowest price that we can get by now is 30k something.
1852  Economy / Economics / Re: Standard of living on: May 12, 2022, 07:43:34 AM
I work in an office with a monthly salary of around $500 per month, monthly rent costs around $75, consumption costs around $250, so the remaining money I can save is very small, and I will use it for business capital one day, many plans I want to realize such as selling fruit because of the huge profit potential.
That wasn't a bad salary only if your expense is a lil bit cheaper but I guess you have no choice for now but to stick on your job until your saving is enough to start your very own business. Being a fruit seller is nice since there's always a demand for fruits especially on our current time now where there's a lot of viruses. They say that no one gets rich in working (working for others, ex. office jobs,..) which is why people are always eager to stand on their own foot and build their own businesses.

Let us not forget that cryptos are also a good addition on the side, to be able to earn passive profits through staking or investing but i think you are already doing this? Since you don't mentioned it.
1853  Alternate cryptocurrencies / Altcoin Discussion / Re: best coins to buy in bear market on: May 12, 2022, 07:01:42 AM
Is this a good portfolio in general and during bear market or do you think that 8 coins are too much and i should try to reduce the coins?
Definitely bitcoin, we are at more than 50% drop right now and that means we are going to end up with a 2x profit when it goes to even close to ATH, not even required to pass it. Sure there are some others, like ETH for example, which are top coins and still down more than 50% and you can buy that too, or bnb, or whatever, but BTC is the most trusted coin and it doesn't need to go anywhere crazy.

Just 60k or more and you are going to double your profit which is awesome to think about. We all know that bitcoin will be 60k or more one day, maybe it will be soon but even if not, I can wait a whole year for it and it will be a great deal for sure.
1854  Alternate cryptocurrencies / Altcoin Discussion / Re: It's the year 2018 over again on: May 11, 2022, 09:46:43 PM
The current decline in the price of bitcoin and altcoins is not completely the same as in 2018 and currently the value of bitcoin is still reaching 31k $ although there are currently problems with negative news spread but I believe this will not last long, but we will see the development in the future hopefully the value of bitcoin will increase again and can pass the value last year, Never panic to sell when experiencing losses because this is indeed common in the crypto world.
The price could be different, but the drop is similar and that is what people are talking about right now. The clear difference is we are a lot higher these days and I agree with that, there is no doubt that we would be having some differences because the price is 10x more than what it used to be.

Last time we dropped to around 3k levels and this time we dropped to 30k levels and that is 10x difference in the price and that is awesome if you are a long term holder like me. But at the same time, we nearly reached 70k at peak, and dropped to 30k so a lot of people are unhappy about the drop and I do understand that as well, that is not really a shock to me neither.
1855  Economy / Speculation / Re: What is your expectation on: May 11, 2022, 09:11:35 PM
There was a big correction this week the bitcoin price dropped more than 18%, of course this made many afraid and worried so that they panicked and sold bitcoin at any price even though they were losing money.
This is not what people do, to sell when there is a complete dropping because Only the manipulators will succeed in this kind of behavior we will be showing and also why need to sell when we are not having a bad need in our funds?
why not let it stay for a while so whales will not make their bags filled with profit?
I do agree that manipulators are one of the biggest pieces of the pie right now and they are the reason why the price dropped, but they are not the only ones who sold right now at all. We have plenty of small retail investors who got scared and got out as well. I have seen forums and messages and posts and telegram groups where plenty of people end up selling as well and they were in very small amounts.

I believe that we shouldn't really be considering the manipulators as the only ones who are selling, but they are the main reason why it dropped and all those people got scared and that fear ended up causing the price to drop more than it should.
1856  Economy / Trading Discussion / Re: TA or FA which is a better choice for market speculation. on: May 11, 2022, 05:22:41 PM
Technical and Fundamental analysis exist because they have a huge function when it comes to trading. Some just use TA, well, they are still profiting. That is why it is still an option for us traders which one to use but I suggest to consider them both upon trading as this would help you to have better results. But we have to remember that trading is not just all about TA and FA, in order to earn profit from trading, it should also be accompanied by effective strategies and hard work. In this way, your chances are pretty high.
I would suggest both as well. They both have some usecases in each situation and to be there and promoting it means a lot and should be promoted for sure. It is a clear indicator that we should be able to get people to use both of them if you look at the results from both of them.

Just because you are using one doesn't make the other one useless, there is nothing that blocks you from using both of them and that is what we will get in the long run as well. We are going to end up with something profitable if we use both, and if we use only one or even not use any of them then we are going to miss a big portion of the big picture and end up losing money in the long run.
1857  Economy / Trading Discussion / Re: Few Steps To Avoid Losses In Trading. on: May 11, 2022, 04:29:21 PM
Trading is treated same as gambling. They have huge risks and guaranteed earnings at all times are not possible with them. If only a 100 percent win rate is possible, all of us are now going to switch to trading and all of us are going to be rich in no time. If one's stop loss is tight, that means that he will only lose less but a small loss is still considered as a loss although it can be easily recovered.
That’s just how the market is meant to be, there will always be people who are losing and there are also those who will be making money. When you are losing there is someone else who is making money, that is just the market for you.

And it is much better that you experience small loss, than a huge loss, because small losses can easily be recovered as you have said, and if you are able to make use of stop loss the right way, this tool would go a long way in helping you. What really matters is if you are making profit at the end of the month, and not really what you have achieved in a day.
1858  Alternate cryptocurrencies / Altcoin Discussion / Re: Can Dogecoin become the new BTC? on: May 10, 2022, 08:15:05 PM
Is it possible that dogecoin can beat BTC after Elon musk takes over Twitter? Imagine if Dogecoin is well accepted throughout the world then BTC wouldn't this makes Dogecoin the new coin? This might sound too crazy to dream about but that Elon musk guy can make anything possible.
Dogecoin won't be that strong even though Elon includes a tip via Dogecoin feature on Twitter.  many influential people on twitter who are bitcoin maximalists, they will continue to fight shitcoin and memecoin because only bitcoin is real and decentralized.  Elon is just joking with dogecoin, nothing serious.
Right, there are lots of big influencers who are strongly supporting Bitcoin, they might not the be the world’s richest, but they are rich too and has bigger influence with all of them combined. Only one man’s influence is not enough in this case. So, ELON Musk wouldn’t work, even if he should add Doge to the tipping feature on Twitter like you have said, it is still not going anywhere. Doge still remains an alternative and moreover it hasn’t even made any much achievements that would convince me enough to believe in it.
1859  Bitcoin / Bitcoin Discussion / Re: Why didn't I buy bitcoin? (article translation) on: May 10, 2022, 07:06:10 PM
I had a similar experience with it, with the difference that I've tried everything else before hodling.
I went through phases of mining, cloud mining, altcoin trading, altcoin holding, bitcoin trading and finally holding bitcoin. Out of all the activities and years of experience I can honestly tell you that if you have time and energy you can try trading bitcoin, if not hold bitcoin. The rest is going to wear you out and it's going to be like walking through a dungeon full of traps. If you manage to avoid them all, things like trading or mining may be good for you. If you want to be safe and just make money with minimum risk buy and hold bitcoin. Don't wait to buy the dip, just buy because trying to buy the dip makes you hold money on exchanges, lose time and energy trying to find the right moment. It's not worth it if you ask me.
There’s never a better time for you to buy Bitcoin, I think every time is really a good time. Whenever we have money we should always try to invest and not just keep waiting. If you keep on waiting you will always be missing out on opportunities.

Yes, anyone who is coming in letter would always feel like the year before them was a better year, because the price of Bitcoin would be cheaper now than what it will be in the future. But, that shouldn’t be an excuse to not invest, because as you continue to go every year the price will keep on increasing and that would be more increase in the price than what we have today.
1860  Bitcoin / Bitcoin Discussion / Re: AN INTERESTING WAY TO INTRODUCE BITCOIN LEARNING TO OUR FUTURE GENERATION on: May 10, 2022, 06:22:43 PM
I am a teacher by profession and think of this interesting action plan to teach the concept of Bitcoin to our primary kids (10-11) in their early stages.
If I was a kid in primary school, this is how I would love to learn about Bitcoin. Start first with colourful visualizations and illustrations about Bitcoin. They say a picture tells a thousand words. These visualizations and illustrations may come in a hardcopy or softcopy format. Kids love colourful pictures and this is were you'd pique my interest. Remember, first impression matters.
Illustrations are usually the best way to teach almost everyone and not just kids. When you create something as an illustration, and people get to look at the picture, it sticks faster to their head and it wouldn’t be something that they would forget easily. So, this is definitely the best way to teach them.

If you should just make use of words to teach them, some of them would even forget it right at this point, but by using an illustration, and them looking at the pictures, it would be something that would stick to their head and they would be able to remember it every time.
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