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1861  Economy / Speculation / Re: A Little Surprised! on: April 11, 2022, 08:44:57 PM
Quote

These and many more good news, and yet the price is falling to $42,000?



Bitcoin price is unpredictable which it can pump today and dump at anytime in the crypto market. Bitcoin price is falling to allow people to prepare well for a great future because the price is about to hit $50,000 soon, so that long term traders and short term traders can start earning something good from the market. What traders are experiencing now in the crypto market, is a sign that this month of April will favour all the crypto traders that invested huge amount of money on crypto investment last year 2021.
Thats why im not really a fan on guessing about having breakouts or those pump kind of behavior which is something not that really surprising and so as with with dumping or decreasing market which isnt something

surprising.When bitcoins price hits up 48k as far as i remember on where people do keeps freaking out on speculating that it might break 50k soon but look at on where we are now?
If you have trade up futures then you had fucked out yourself but for those who had made out some spot then thats still an opportunity to make some DCA.
1862  Economy / Gambling discussion / Re: High Rollers on: April 11, 2022, 07:27:44 PM
Wow,it is fascinating to see people who gamble like 20 Bitcoins on a single bet which is like 860.000 dollars and this amount I know for sure if I work for another 30 years with the salary I am getting I will never make it.It is also sad when you see people that waste such a big amount of money at a single bet while most of us are scared when we bet like for like 1-10 dollars for a spin in the casino slot games.
What work? Signature campaigns? But, if you have another work then that's good and what if you converted that in bitcoins and hodl it in the next 30 years you might achieve that 860k dollars since the value of bitcoin is expected to be at 1 million dollars or maybe more than that and you don't know what if that person that is betting huge will become a gambling addict and go broke few moments later? So, cheer up and don't compare yourself to him.

We are scared to bet more simply because we are not that wealthy enough and also because we don't take gambling seriously but for us it's okay to play with a little money because our goal is to have fun only and past the time.
Lets just embrace and accept the reality on which there are people who are hella of a rich guy and dont mind much on how they do gonna spend their money and for us people who do earn low or does have simple type

of living and simple type of level of finances then it cant really avoided on not to getting jealous or envy into those people who do much more money thats why sometimes due to that
we do make out some criticisms and lets just accept on that.

Gambling funds and investment is two different matters thats why its not really that much accurate on knowing on whats the mind of a particular person who do have lots of funds.
1863  Economy / Trading Discussion / Re: Occupational hazards of trading crypto on: April 08, 2022, 04:40:24 PM
I believe there are more risks to being a full-time trader, and this is dependent on the amount of money you have committed in each trade. For example, I can open a $100 spot trade position and if I get trapped and lose 50%, I may be brave enough to hold that position as I can manage the loss, but even with that ability, I can lose my appetite, I wouldn't want to talk to anyone as a small thing can upset me easily, and I may become mute throughout the day; these are some of the common after-effects and emotional damage I face in short term.
What happens if I open a $100000 position and lose more than 50% of it? It will not only cause me to have high blood pressure for a long time, but it will also cause me to fall repeatedly whenever I remember my errors. Cheesy Cheesy

In order for blood pressure not to rise, risk management must be followed. There is such an unspoken rule of risk management, which says that you should open a deal with no more than 2% of your deposit. Not 100% like many beginners do. This way you will never risk your entire deposit and you will have a lot of free money. For example, you bought 2% of your deposit bitcoin at 40,000, and it fell by 20%. Instead of being nervous, you buy another 2% of your deposit and the cost basis of your bitcoins becomes less than when you first bought. I understand that it makes little sense to trade at 2% of the deposit when your deposit is $1,000 or so. But this is the mistake of many small traders. They don't want to make small profits over and over again safely. They want to get a big percentage, loading themselves with huge risks. What can be hoped for with this approach to trading? Of course, only to lose.

A trader who has money in reserve will be happy even with a 70% drawdown of bitcoin. Do you know why? Yes, because this is a chance to buy even more coins at a great price. So always keep a margin of funds to average your positions.
If you do have this kind of mindset or aim on why you do pursuing to make out some trades then you would most likely be failing or would really lose some because risk management is one of the most important factor

which is needed for you to survive this market.If you do have that kind of behavior where you do really love to see and hurry up yourself on gaining big profits then you would surely fail because you would definitely
be making some orders which is talking about 100% of your deposit.

Speaking with health then everything should be balanced because it wont really worth if your health is already been affected because of too much engagement.
1864  Economy / Gambling discussion / Re: [Boxing]: GGG vs Murata - Reschedule on: April 07, 2022, 11:59:25 PM
Just try to analyze the age difference,
Murata 36 years old
GGG 39 years old.

not much of a difference, right?

I have pointed this out before that's why I don't understand why age is a factor and considered a disadvantage for GGG. 3 years gap is really nothing. They are both already past their prime.

GGG is also around 35-36 years old when he fights Canelo in his super-prime status but still, the latter struggle to beat the sh*t out of GGG.

Like I always said, Murata's only advantage is the homecourt and the full support of Japan's people on his back. GGG is a tough wall to defeat and having a strong moral is not enough as an advantage.
Having the crowd wont really be enough as we all know but the boost up because you are fighting in your home country plus having that support will really be giving out that emotion but wont be enough on beating GGG>

Its not surprising that people would really be looking for the factors specially on age because we know that it would really take some toll on boxers performance.
Cant blame them though but GGG could still fucked Murata on this fight without any doubts.
1865  Alternate cryptocurrencies / Altcoin Discussion / Re: How are you preparing for bear market on: April 07, 2022, 10:57:42 PM
To deal with a bear market situation, the most important thing is the capital we are prepared to spend in a bear market because during a bear market, volatility conditions in crypto will continue to occur so that sufficient capital plays a major role in dealing with this. condition because we can shop for assets at relatively cheap prices because during a bear market all coin prices will go down and we can save them for the long term.
Always set aside some funds for bear market because you would see opportunities on buying cheap coins and if you dont have money then you would not able to do something which is sad.

You should be prepared and mindful on having reserves for you to utilize up those cheap price and when the market recovers then that would be an easy profits for you.
Somewhat not simple as it sounds but this one is the very basic principle with crypto investment but of course there would be other factors needed too.
1866  Economy / Economics / Re: online skills in the face of war on: April 07, 2022, 09:46:04 PM
You could really be a self-learn kind of freelancer but getting your first job or work is the most toughest thing of all since most of employers would be finding out  for those who are experienced
In my opinion this is one of the hardest obstacles to overcome if you want to work online, you could have the same skills as the best online workers but if you do not have the experience then it is going to be difficult to get your first job, which by the way this is also a challenging in the real world, but once you do and you get some clients hiring your services that is when you can begin to make more money, as experience is no longer and issue and now everything will depend on your performance on the job.
I would say it would be some sort of ice breaker on which its really the only challenge that you do need to break before you could proceed on with this type of career.Just like been said or mentioned that it wont really be

totally simple because employers would indeed finding one who is more capable and does have that capacity.Yes, it might not be justifiable but thats how reality works thats
why you would really be striving your best on getting one and the rest would really be depending on how you do really seek for another job or projects.
1867  Economy / Gambling discussion / Re: Free Gambling Course provided by OnlineGambling on: April 07, 2022, 08:44:46 PM
Ok, I get it. I have no doubt that the course is good for beginners, but such dubious and complex things like counting cards confuse me. This is a specific skill (plus it needs to be adjusted to the current conditions - the number of decks in the game, the frequency of shuffling, etc.). Probably this was introduced there to increase the timing of course  Wink
Real experience is the key.

Familiarizing everything might take for sometime or effort but with some ideas and things provided then it would fasten up the process.Yes, this is good for beginners and card counting which i
do see for it to the hardest thing to get used into it.

It seems to me that even with ready-made memorization algorithms, card counting is such a specific skill that not all course participants can master. Although maybe I don’t know something, and now it’s implemented more simply than before. For example, there is a value (purely hypothetical) and you need to add or subtract different numbers (the weight of the cards) to it when they leave the game. And when the value reaches a certain number, it is necessary to raise the bet. Perhaps something similar will work for a large number of people.
All factors and variables should really be consider to have that an effective card counting which i had said earlier that not everyone could able to master it out but totally not impossible though.

There are just people who couldnt able to bare out those kind of ways or being just too technical for them to get involved thats why they do just simply
ignore and find another game which they could easily deal off with.
1868  Other / Archival / Re: Bitcoin at $1 000 000 by 2030 on: April 07, 2022, 07:37:31 PM
This is definitely something that I dream about, but we will never know when it will happen. I am not saying that it won't happen, don't get me wrong here but it is something we will never know when it will happen.

Bitcoin is such a crazy thing that by 2025 when the next cycle after the halving happens we may see 1 million dollars, or maybe the max it reaches will be 200k? Who knows what will happen and which level we will reach. However, I am quite happy that we are doing fine right now and even if it is not 1 million dollars, everyone agrees that it will be higher than what it is today. This is what we are focusing on right now and should keep on focusing.
8 years from now and trying to figure and speculate on what things that might happen in the future or on that time then no one really knows but speaking with 1M per coin is something that unrealistic and dont know

on why there are people who do really consider out that these probabilities could really happen.Well, i could not blame off on how people are being too optimistic when it comes to its price.
Bitcoin had never failed for us to be amaze on things that it do able to reach out milestones that we didnt even expect for it to be reach out but lets see on what would happen.
1869  Bitcoin / Bitcoin Discussion / Re: CEX ruins the true value of Bitcoin on: April 06, 2022, 11:49:05 PM
CEXs are pressurized by government to obey their rules and regulations what they provided. When you want to dealing fiat with crypto-currencies, government ask kyc otherwise that will be under money laundering sections. Even It'll be easy to trust CEXs when you know their identity. Besides file complain if you get scammed. Where it wont be easy for DEXs but it just gives facilities to trade & convert without kyc issue. Maybe later they make themself better for use
At least we do have some option but majority of us wont really be having any options but to dealt with CEX since this is the only medium or path for us to make out conversions from crypto to fiat which cant be possible
on decentralized exchanges. We've seen platforms had no kyc wayback but since they are regulated then this is where they do really get pressured on applying such terms and conditions because they've been asked to do so which would lead no choice and wont really be surprising that almost centralized platforms would really come into this path  which is something to become the norm.
1870  Economy / Gambling discussion / Re: Free Gambling Course provided by OnlineGambling on: April 06, 2022, 10:59:47 PM
Maybe they teach to count the cards that came out and calculate the odds? I strongly doubt that for an ordinary player this is a feasible task.
the whole course teaches you the basics of blackjack, basic strategy, bankroll management etc... and yes card counting(but I don't expect people to suddenly be able to do card counting after watching the video). if you ask me the course is pretty useful, especially for beginners. they have 8 seasons of these courses with 4 videos per season.

Ok, I get it. I have no doubt that the course is good for beginners, but such dubious and complex things like counting cards confuse me. This is a specific skill (plus it needs to be adjusted to the current conditions - the number of decks in the game, the frequency of shuffling, etc.). Probably this was introduced there to increase the timing of course  Wink
Real experience is the key.

Familiarizing everything might take for sometime or effort but with some ideas and things provided then it would fasten up the process.Yes, this is good for beginners and card counting which i
do see for it to the hardest thing to get used into it.
1871  Economy / Trading Discussion / Re: Few Tips I learnt from trading that blew my account. on: April 06, 2022, 09:56:15 PM
Don't outsmart the market, it is most common mistake my winning traders who keep doing same things and expect same trading performance over the years. Market behavior may change, adopting a new rules can take a while while traders keep chasing losses which shouldn't happen at first place according to book. Chasing losses and fighting back market trends never bring good consequences for pro traders, better to learn from your mistakes before it is too late.
Always know your limits. The market will always be smarter than us, and we will never win over it. We need a plan and we need to stick with it and simply not chasing over our losses. Although we always become emotional because of some unexpected losses, but we will never make profits unless we never loss. So better we'll just learn from our mistakes and move on. Sometimes all we need is trial and error method so we will know which way will work.
Know your limits and set stop losses and be contented on what are the possible profits that you could make. Dont tend to be impulsive because this kind of emotion would be the reason on why you would really be ending

up with mistakes and its a very common scenario that do happen to everyone.Its inevitable actually but somewhat can be controlled once you do already gained that sufficient experience.

You could really blow your account easily if you dont mind on setting out risk management and other factors needed.
1872  Economy / Economics / Re: Nigeria Economy before and Now after cryptocurrency Ban. on: April 06, 2022, 09:53:59 PM
Cryptocurrencies are banned in Nigeria by the Central Bank of Nigeria, the government did not ban cryptocurrencies, Nigerians are still easily buying, holding and trading cryptocurrencies. The Nigerian economy is not good right from the beginning after colonial masters left the country, before CBN banned cryptocurrencies, the economy has been falling, it is also falling after cryptocurrencies were banned by the CBN, not that the bad economy is unusual.
It is still legal to own cryptocurrency in Nigeria since its not totally banned but since we are talking about their Central Bank, it affects the decision of the investors. Yes, their economy is not on a good position since then and their politicians still preventing their people to have a decent life at least and have a financial freedom with a help of cryptocurrency, if the government listen to central bank and fully banned crypto, I think they will stay left behind as many countries already sees the importance of cryptocurrency to their economy, Nigeria is still far from rising and becoming a great country, there’s still a lot of problems that needs to be address on this place.
Even if its banned but doesnt mean that citizens couldnt really still engage with crypto thing but well we know that it is risky because once caught then you know the consequences but we know that this isnt something

that impossible for someone to deal with without being traced nor being watch.Its not surprising that government would really be having that aggressive stance towards crypto due to decentralization aspect.

We've seen several countries had already done such decision but what are the differences or changes? None right?
1873  Economy / Gambling discussion / Re: [BOXING] Logan Paul vs Mike Tyson on: April 06, 2022, 08:47:36 PM
That's right and I  don't think placing bets on non professional fights is a good idea, just like what happened in Mike Tyson and Roy Jones Jr. match I placed a bet in Mike Tyson and it is clearly that he has more hits than Roy Jones but ended up as a draw since according to the judges they are both legends in the boxing and in result I lose my bet.

Well, it's not always going to be that kind of decision because the exhibition fights nowadays is really different from that time where Mike Tyson and Roy Jones did an exhibition match that resulted a draw. These days, it's more like of a joke instead of an entertaining fight just what like the people expected to see but it turns out that the fight was not that so entertaining to see, I mean who would really believe that these Paul brothers can and will defeat their opponents? Especially that they are going to face the likes of Mike Tyson and Conor McGregor.

They are trying to show off that they can beat Mike or Conor just to attract people to make their match hype and will let them earn money. Some people wanted unusual fights such as fighting other fighters from different sports, etc. but this match between Paul and Mike seems impossible. Mike will beat him easily he might be a retired boxer but he still go his power and agility and can still damage opponent especially Mike is more experienced boxer rather than Paul.

That's how these brothers work and I cannot deny that they are good on marketing their fights, so why not? If those fights would generate huge amounts to them because the people are also interested what would be the result and also they are somehow of an internet stars so I bet they have a huge fan bases.

Logan Paul? That man has no experience at all and he doesn't got any interests on boxing, he's just seeing the industry as a milking ground. It won't be a challenge for Mike Tyson, he will school him between rounds before making him sleep in the canvass.

Indeed! Doing an exhibition fights with the likes of McGregor and Mike Tyson will surely generate huge cash flowing straight into their pockets, and what's the use of their huge fan base if they don't take advantage of it.

By the way, I don't think the fight between Logan Paul and Mike Tyson will happen. I don't see any reason why this thread is still open for discussion, there's a newly open thread about Logan's younger brother who's currently challenging Conor McGregor.
This fight wont totally happen and its true on why this thread is still open for discussion yet it had already been clarified that Tyson doesnt really have any interest on fighting Logan for some obvious reasons.

So there's no point on discussing this one out and its true that his brother does have the current match against Conor which this is really very common that Paul brothers are really seeking for those
popular athletes and legends for making some exhibition matches for some easy money as they say.  Grin
1874  Economy / Gambling discussion / Re: Oscar Awards 2022 betting thread on: April 05, 2022, 11:37:14 PM

Why sorry? You didn't do anything bad bruh, it was will smith that acted sour. Self control is a must especially on this kind of place or event because it was Oscars, it's prestigious. It's okay to become aggressive but it must be done only on right places, like in the backstage where no camera is present and no crowd is watching.

It's not surprising if everyone is betting on will smith because the guy is a good actor but I can't believe that its only the first time where he won an award? the same thing happens with leonardo de caprio, despite of his good acting skills, he rarely won an award. What smith did in the Oscars is really shocking, no one expected that.

His winning the best actor is forgettable it should be the best moment of his life but what happens is people are disgusted with what he had done, he already offered apologies and resigned from Oscar, and many of his projects are shelved it could be the end of his career what could be the start of another milestone for his career ended because of his out of control behavior I wonder what would be the next set up in the next Oscar after this incident.
Jada Pinkett Smith ‘Wishes’ Will Smith Didn’t Slap Chris Rock at Oscars, They Agree He ‘Overreacted’
Source: https://www.usmagazine.com/celebrity-news/news/jada-pinkett-smith-wishes-will-smith-didnt-slap-chris-rock/

He shouldnt have done that even his wife do sees the same.Now he had put up himself on big problem.
1875  Bitcoin / Bitcoin Discussion / Re: Are Your Kids Aware Of Bitcoin? Teach Them. on: April 05, 2022, 10:38:14 PM
I agree with you that children should be taught about Bitcoin. Who knows, it turns out that your child is indeed talented in investing and the like, so that indirectly you can also develop the potential of your child using Bitcoin. However, if the child really can't and is not able to get to know Bitcoin, it's best not to force it because it will have bad consequences and the results will not be as expected. But if the tone persists so that your child wants to get to know Bitcoin, you must have the best possible tricks to gently attract the child's heart and interest. Bitcoin provides freedom compared to fiat that is bound by the government, besides Bitcoin has also helped many people to achieve life or economic conditions better.
As long your children is fully aware on things which they would able to understand on the time you do make out some explanation but well you should really be sticking with the basics on which they could able to

understand and able to take some good grasps on what you are tending to explain.IF you do see that its not the right time to teach them then stop and consider on explaining it to them in near future.

Its not really that bad on explaining to them about Bitcoins existence but it would be depending into their minds if they would able to comprehend it.
1876  Economy / Trading Discussion / Re: It seems that more people taking crypto trading as full time job on: April 05, 2022, 09:38:39 PM
****
Cool! You are really earning money from trading, and I think it is stable. Well, that is really good to hear, and I hope that in the future you will go professional and earn a big profit from it. I was also into trading before, but it was not crypto, it was about forex, and it took me a year before I had a grasp on it, but I was still losing a lot. I stopped because I lost my job and really needed to find another job, so now I am hoping to get back into trading, hoping that my strategy is still working!
I don't dare say the income I get from trading is stable but at least I can set aside a little profit that I earn for my savings. In an era that has fierce competition like today, everyone must have savings for their comfort and also their future security. I can say, I am lucky to know bitcoin and also crypto trading.
We are really doing our best to find for some alternative income specially nowadays that living on this world becomes too costly and everything is getting more expensive which it is normal for us to find other ways

and this is where trading in this market would be a viable choice but of course it wont be simple since making profit would really be a tough challenge for someone to do so.Its not something that simple as it sounds.

You could neither make it as a full time job but the question is always been talking about sustainability which not all people would able to achieve.
1877  Economy / Gambling discussion / Re: Inoue vs Donaire II discussion on: April 05, 2022, 08:37:53 PM
He got his own title as the "Pinoy Flash" just like how Pilipino adores Pacquiao. Donaire also has that popularity even he's not locally

yhup he's a proud filipino fighter and even he lives in US he still carrying fiilipino flag inside the ring that's why fililinos are very proud of him also.
And i remember when i was a kid because he's always the second most popular boxer here in our country, wherein, people are very excited and love to watch his fight, although not the same with Pacquiao that it look like a holiday always in the Philippines when there's a fight.  Cheesy
Its totally comparable when it comes to reputation in between Pacquiao and Donaire which its not surprising that there would be different attention that they do get whenever they do have some upcoming fight but if

Donaire was able to get on the same achievement on what Pacquiao did then for sure it would really be still having the on same reaction or attention on what he would possibly get.Its true that he might live in different
country but he's proud on bringing his true nationality and which do proves out that Pinoys are really that a good fighter or boxer which couldnt really be that underestimated.
1878  Economy / Speculation / Re: Need more more to invest on crypto. on: April 05, 2022, 07:50:31 PM
If you want to trade in the short term, you can buy bitcoins with the capital you have without needing more money. With a small capital you can benefit in trading bitcoin especially when you buy bitcoin when the price was $35k a few weeks ago now you have made a big profit because the current bitcoin price has passed $46k.
When you are dealing with a small capital that means you should not be worried about the trading losses too much neither because you will be losing little and it would be easier to recover. We should remember that the most a coin could drop would be 100%, so all of your money would be gone, but it could go 10000x higher, of course very rare, but even a 10x is proof that it could go so much higher.

When you invest 100 bucks, the most you could ever lose is 100 bucks, but you could earn thousands from it, not just another 100. This is why small investments matter even more, because you could lose small, but earn so much bigger than what you invested.
If you do speak with Bitcoin then its long time gone on earning possible 10-100x even if we do talk about in the future price which is normal that people would be finding out some other way through altcoins which it isnt

something surprising.Yes, you could really make that 100 bucks to make that big when you do deal with low caps and able to pump out in the future but choosing on which one do really connect or needs out some luck

considering on the lots of garbage or trash projects in the market then choosing one would really be always a challenge.
1879  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Musk the boss behind SHIB? on: April 04, 2022, 11:47:35 PM
Is Musk the boss behind SHIB?
Is there an advantage in the future? I am optimistic that SHIB's performance is as good as DOGE  Smiley
Can someone explain, thank you Kiss

No, Elon Musk has nothing to do with Shiba and DOGE as well. Musk likes to PR on all sorts of hype topics or speculate on altcoins. I do not exclude the fact that he had his own investments in these projects and simply tried to influence price with his mediality to make a fast profit.

As for SHIB project itself, compared to DOGE, it looks more interesting and its ecosystem is more diverse.
Elon Musk being a businessman tried to make money out of his investments. He played the game and succeeded with his influence over the market. But we can't blame anyone, though it got into the market as a memecoin then onwards there is continued progress and more acceptance. The recent being the addition of Shiba Inu on 1800 Bitcoin ATM located around 31 States by Bank of America which is a registered entity of FinCEN.

Shiba Inu will be available in over 1800 ATMs
Thanks for the share up and i wasnt really expecting much for SHIB to go this far considering that this is just an another meme coin which had been hyped in the market and i dont see any significance when it comes

to utility or some other uses but i prove myself wrong which i gradually seeing that its been accepted on several casinos in the market today and now on the link you've shared that it is already on ATM
which is something unbelievable.

As for Elon to be the boss? No he's not but the influence he had made did make some great or big impact.
1880  Economy / Service Discussion / Re: Drake became partners of the Stake Casino on: April 04, 2022, 10:41:23 PM

In short, its a win win situation for both Stake,Drake and Crypto exposure in overall but the sad fact that gamblers who do involved on the activity will surely be losing up money but lets just accept the reality.

In partnerships then there would be always that mutual benefit which is something not surprising.Stake wont be spending up big on partnerships into someone without any gains or benefits to get.

and since Drake is a popular celeb then expect that exposure for the Casino would really getting high which means it would be having more revenue.

Well, Drake is the perfect endorser for any gambling website, especially in crypto because he has into sports mainly in the NBA who's always been rooting for Toronto Raptors and in foot ball. His appearance on this kind of sports will be enough to gather more bettors into a specific gambling website. Not to mention he's a famous rapper too.
I don't know how much Stake is paying for Drake to endorse them. That I'm quite sure a big amount.
We dont know on whats the deal between this partnership but pretty much sure it wont really be just involving small amount considering that Drake had wagered big already on the casino and now Stake had decided

to make out some partnerships but of course it would really be needing for them to spend out for marketing funds and expenses but much sure they do know that Drake could really be beneficial in terms of exposure.
They wont really be making out some partnerships if they wouldnt benefit something from him.
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