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21  Economy / Trading Discussion / Re: Why technical analysis is not reliable on: June 29, 2024, 07:16:09 PM
technical analysis is a useful tool for traders, but we have to consider it's limitations. Technical analysis is basically based on assumption about the past market statistics and data, without putting into consideration other external factors . So traders should not 100 percent rely on technical analysis, they should use it together with other methods of analysis.
 Some of its limitations includes
1.it is based on assumptions about past market trends, gotten from the past market price and  volume data
2.it is a backward tool subject to interpretation from different traders.
3.Technical analysis will not provide the full details of the market,  that is putting economic and global events into consideration,
so traders should put all these factors into consideration before making an investment decisions using technical analysis.
First, it was never been considered to be 100% precise
Second, if you dont have that realistic experience about trading then you would be saying on these words.

1. Future isnt that known or could be predicted but it would always rhymes with those past events on which it would be understandable that traders would
   really be tending to look back basing into those conditions and this is something that cant be stopped.

2. Different people, have different analysis but doesnt mean that you wont really be looking up and snip some other peoples ideas.
   You should really be that considering on doing so.

3. It would never be, but having that TA approach is much more better in compared into those traders who do make out positions but
   having no analysis or considerations on neither using technical indicators or fundamentals on which you are really just that basically doing gambling with that approach.
22  Economy / Gambling discussion / Re: GAMBLE RESPONSIBLY on: June 29, 2024, 06:10:53 PM
The most important reason why we should gamble responsibly is so that we don't lose money that we can't lose, that's where it matters, which means we need risk management, money management, personal control and many others in order to gamble responsibly, it will emphasize ourselves to have limits in gambling.

But no matter how good a human being is at controlling himself, sometimes he gets out of control and kills himself, but that is a rare thing, we just need to try to minimize the bad possibilities that will result from impulsive gambling.
We don't lose too much money when we can playing gambling responsibly so that we can enjoy our spare time by playing many gambling games. We can knows how to use the risks management when playing gambling so we don't spends too much money. Personal control also helps us to manage ourselves from playing gambling because we will always remember that we don't have to keeps playing gambling after we lose some money.

Gamble responsibly helps us to keeps aware from the lose so we can control ourselves while playing gambling. We will not gets bad things from gambling such as impulsive gambling or even the worst thing that already happens to many gamblers which is addicted to gambling. We always remember that playing gambling doesn't needs to use much money to enjoy the gambling games but we can use enough money which we can afford to lose.
You're not wrong in saying that, but I'm talking about the possibility of human nature losing consistency in its principles, such as gambling responsibly, which at some point in time may lose its principles and gamble impulsively, although it can still stop and play responsibly again tomorrow.

I know that every human being who has the principle of gambling responsibly will be good at controlling himself, will anticipate the possibility of bad things coming to him, but it is not impossible that someone who has been gambling for a long time and using the principle of responsibility at one time loses himself, although he can regain consciousness but he has lost enough of his boundaries.

We are just humans and we cant really be that perfect on which on the moment that you would really be trying out to do things or having those kind of earlier principles or you are really that
setting up those boundaries or limits but on the moment that you do become that impulsive or other factors that would affect your initial plans or limits then pretty sure you would really be
able to break those things and you would really be that continuing on playing until you would really be able to satisfy yourself or on the moment that you would really be still have the money
that you could proceed on doing so until you do bust. This is always the case on which this is the main reason on why we do really lost up even more.

Gambling should really be that for fun and not for something that will really be stressful. On the moment that you do play and you are someone whose really
that not good when it comes to control, then you would really be that definitely be proceeding on.
23  Economy / Gambling discussion / Re: The benefits of Gambling on: June 28, 2024, 09:31:40 PM
Most of the topics we read are mostly mentioning about the negative side of gambling but I think we also discuss the positives of it...

1. Socialization
2. Income Generation
3. Employment
4. Support to the Gambling Industry

We've seen a lot of things enough to consider why gambling must exist. Maybe we just correct our views that gambling is bad because this also helps other people. We don't just focus on the bad things like addiction and debts that a person may commit by being an irresponsible gambler but also, must see the benefits it gives to the community and in our personal lives.


 
So here's my approach into those things be mentioned.

1. Socialization would really be just that only good or possible into those people who are really that going into those physical gambling places and not
   something that you could really be able to do online.

2. Income generation is only into those business owners or the house itself.
3. When it comes to economical approach then this is something that would really be beneficial to those who do work into this industry
   but not into those people who do play.  Cheesy
4. Same #3

Positive approach isnt something that you could normally to have when we do speak or talk about gambling.
It would really be just that normal because negative effects would really be always something that will really be putting up
on everyones mind when they do hear up the word "GAMBLING".
24  Economy / Speculation / Re: Is June a Downturn for the Crypto Market? on: June 28, 2024, 08:37:08 PM
June has been red so far but don't let that fool you. It is a misconception thinking that just because we are in a certain month the market should act in a certain way (up or down) every year. We keep seeing this every year where people say this month it dumps and that month it pumps.

What happened in June is not related to the month itself.
The situation with recession hasn't changed so sell pressure will continue to exist; and considering how price failed to break $70k and most importantly failed to stay above it, naturally the price comes down like this until the crash ends and price recovers and goes back up to try $70k+ once more.

Yeah, that's another nature of this market, it's cyclical but then very unpredictable at the same time. I attribute this to the growing number of Bitcoin investors, whales, average Joe's who's in the market right now. Some rules might have change, and there will be month like this one that we will see the price going in a average -5%.

Not just in crypto market, but recession is affecting every market, gold, silver, stocks and even oil. It's just how we react, like buying in the downturn, but I think majority is still afraid to the that because of the uncertainties. But if you are here for the bigger picture, regardless of the month that we see, you are going to accumulate Bitcoin as it is going to be more scarce and limited but demand are going to skyrocket in next year.
Why people cant really just that make themselves that realize that this market isnt something that they cant be able to predict on? We do know that when it comes to this aspect that there would really be no specific
months in a year could really be that precisely on having on the same condition whether its on the past and on the future months to come. Yes, they could really be having those connections or correlations but we do know that when it comes to this manner then everything which is really that unpredictable or something that cant really be known. Yes, it could make out some patterns but doesnt mean that it would be surely be happening ahead. So the best thing that you should do when there's a downturn on which instead on making yourself that freaking out with those drops. It would really be rather that wise that you should be making some
DCA or accumulation phase.

If you've been here into this market for a while now then it would really be impossible that you dont really know on how it moves or behaves on which it would really be just
that a normal thing for you to have that kind of approach on the moment that you do deal up with things.
25  Economy / Gambling discussion / Re: GAMBLE RESPONSIBLY on: June 28, 2024, 07:56:26 PM
Responsible gambling behavior cannot be overemphasized; every gambler should already know that gambling is supposed to be handled as a fun activity and not a means to make a living. The reason why some people become addicted to gambling is because they see it as a reliable source of income and want to depend on it for their daily needs. Responsible gambling is the way to win the casino; those who are addicted to gambling are only causing themselves harm and enriching the casino.

Gamblers should be responsible as much as possible in the crypto business field we live in today. That's why most of the time they don't do it because they are always preceded by greed, a disease that can easily land on anyone.

But if at the beginning of our gambling, what we can do is limited, then there is control over ourselves as gamblers because we have practiced self-control, especially in our emotions, which are often our real enemies, right? ?
Right, greed can come to anyone without him realizing that he is greedy, most people lose because they have a greedy nature and that is what destroys him and makes him lose.

After he loses his money he will try to catch back what he has lost and that is the average behavior of irresponsible gamblers.

And emotion is a trait that is indeed our enemy in any case even not only in gambling, in investment or anything else that triggers emotions will make us lose, with emotions we can behave impulsively and it will have a bad impact on ourselves, therefore gambling responsibly is the key where we can control ourselves very well.

Actually you could really be able to feel it out on the moment that you would really be that playing gambling then greed do kicks in, it is really just that a certain individual would really be just that neglecting out
that they are already on such moment on which they should really be that stopping on the moment that they had that made themselves that spend up too much or something that goes beyond their limitation.
People usually do able to make out those realizations on the moment that they would really be on such condition that they had already lost that much until they could literally be able not to play just because they dont have any money into their pocket for them to play. This is where people would be making out those realizations and not on the moment that you would be still into those earlier conditions.

This is why it would really be always important that you should really that know on what you are doing because on the moment that you do find yourself having such problem then you
wouldnt really be just that so easily be able to resolve it out and this is something that you should really be looking for yourself if you dont like to mess up your life.
You should really be careful into the decisions that you are making.
26  Economy / Economics / Re: Labor is really the birth of happiness? on: June 27, 2024, 08:47:32 PM
As a child, textbooks and teachers have taught us that hard work begets good luck. That is, no one comes into the world with luck, everyone has to make their own luck. The more hardworking and the more serious he is towards his work, the more likely he is to succeed. But there are some people around who look at them and think this saying is not true. Around me, I see many such daily wage laborers, rickshaw pullers or agricultural laborers, who remain at the same position from which they started their life even at the end of their age. It's not like they don't work hard.  

A day laborer works for around 12 hours non-stop and in return they get a small amount of money which they spend in various ways. Here my question is why they are not able to change their fate after working so hard. In this case you may tell me that he is a daily wage laborer or he is a rickshaw driver that is why he is not progressing but he is focused on his workplace and he is working there with full focus so why is he not changing his fate. If a rickshaw driver or a day laborer wants to but cannot become a doctor or an engineer, he has to focus on his profession. What do you say about his change of fate?
There are lots of factors on which it could affect someones success neither intentionally or something that cant be controlled like inflation and economic aspect.

Here are the possible reasons or things.
1. Economic condition- Everything is expensive so that day rate or salary wont be enough. So there's nothing cant do about it.
2. Lack of education- Those who didnt finish a degree would really be just that having their end game on having those labor jobs.
3. Not taking any step further- Didnt tend to have some side income and making some dealing up with other methods that could bring up some potential profits
4. Just simply contented on what they do have

This is why we cant really be able to tell someone on how they would really be that handling out their own lives.
We do have our own decisions and we do have our liking on the conditions that we are into.
27  Economy / Gambling discussion / Re: Gambling and Religion. Beliefs or Choices? on: June 27, 2024, 07:50:01 PM
I have never seen someone who is truly religious playing gambling.
There are many religions out there which are small and shady as anything. One of them is well known from its "elders" indulgence in certain dehumanizing things. Hence a religious person may not always be a good person. Gambling though is known to bring bad outcomes to those who get addicted to it and thus religions abhor it. But there are many religious people who regularly gamble and lose money in it, without any remorse.

Hence we should not see the thing as A=B always. Whether to gamble or not is a person choice and we should not judge people based on that. If they are happy with it and their belief, let them be.

This might be old but this one shows up that even church leaders do really love to engage with gambling. lol.
Making up some indirect reasoning about that it is really just that for the church.

Priest wins $100,000 for church in poker game
A South Carolina priest missed the $1 million top prize in a poker tournament to be televised this weekend but he won $100,000 for his church.

Source: https://www.nbcnews.com/id/wbna34526512

Some religions does prohibit gambling but those leaders are the ones who do really love to engage with it
on which it is really that totally contradictory.
28  Economy / Trading Discussion / Re: Trading psychology and TA on: June 27, 2024, 06:43:38 PM
First of all, explain what you meant as psychological trading.

Is it a type in which a trader will trade without having any bases of analysis? If that is it, it means the person is just gambling. Or does it mean a trader will not trade at all until the price of bitcoin has fallen so significantly? That is a good type of trading if that is what you mean.

But this would be good only for swing traders and holders. As for scalpers and day traders, technical analysis is very important.
When you mentioned gambling it made me feel this way;
Do you ever know the outcome of a trade from the beginning? The market is a space of random variables and that's a gambling feature. The good thing in trading is we are able to put the variables to our favour with some sort of trading skills yet we don't win all the time.
Have you closed a winning trade at lose? That's because you tried escaping this feature of the market but the right psychology would make known all these facts to your thoughts about the market. Without good psychological behaviors it's difficult to remain disciplined (follow your risk management plan) in the market.
So in as much as you are very good with your TA+FA I think it's also necessary to maintain good behaviors in the market.
On the moment that you would really be boggling up your mind on how this market behaves or works on which same as you had mentioned above that when it comes to volatility then its true that there's no way
that we could really be able to predict on where it would be going and this is why it would really be the reason for you to make out those predictions and guesses on where it would really be going. It would really be just that becoming a gamble on the moment that you wont really be applying any analysis into it. If you are really just that placing up your position without any basis or analysis been applied then you are just basically doing 100% gambling.Whereas, into those traders or people who do make having those kind of technical and fundamental analysis on which they are really that trying out to lessening up the risks on losing such trade.

Somehow there would really no assurance that you would really be able to make those profitable trades due to unpredictability but it would really be always best that you should really be applying
into those things on which really needs to be applied if you are really that serious on trying out to make some profit within this market.
29  Economy / Gambling discussion / Re: The real winning of gambling is withdrawals on: June 27, 2024, 05:54:56 PM
To be honest we have quite a lot of definitions of winning from some people here, including the one you mentioned, that when you get a large amount of money never go back to gambling until, and there are some people who also say that winning is when we withdraw when we get a win.

It may depend on each person's preference in answering but I agree with all of them that when victory is claimed is when we withdraw from gambling, and we can use it, whether we return or not for the next day is your right because you will probably do the same thing again.
Everyone has their own definition or has many definitions as said, but when in a situation we are still in a gambling game, when we get a big win then I can't say it's a big win, because the money is still in the gambling account and maybe at that time we were still playing, so that big win could turn into a defeat. I can say it is a win when we withdraw from gambling and withdraw our money. And that's still not enough, because some people also make deposits again before they enjoy the money they withdraw.

Being able to enjoy the money we withdraw from the winnings we get is a form of victory in my opinion, and there are different ways to enjoy it, some spend it on parties, treating friends and so on. The point is that we no longer use the money we withdraw for gambling. In my opinion it is a form of winning from gambling. The reason is that when we win big and we continue playing until our money runs low again, it is not a real win.

Yes, you are right in what you said. That's why it is important that when we win gambling, we immediately take it out of our balance account at the casino and just keep the amount that we will gamble again, so that it will not be used again. We won by gambling.

That's what often happens when the amount we win is kept in the casino for a long time on the gambling platform we play on. We should really learn to control ourselves when playing gambling, especially if we already know that we already have a gambling win.
Taking out your winnings but still that making use or depositing again back into casinos on the other day? You would really be just that still doing the same thing. You are really just that delaying it
but it would really be just still ending up on the same situation on which you would really be that losing all the money that you do have on that particular day then you would really be that still having on the same story not unless if you would really be still that lucky on that moment then you would really be having that good feeling but in overall thing then it would really be just on the same cycle. This is why on the moment that you would really be that playing gambling then you should really know on how to make yourself having that kind of moderation. This is why when you do win up some money then you should really know on how to
make that kind of making use into other things which would really be more worth and something that you could hold or something that you could use if you do really want to have that make it worth it.
30  Bitcoin / Bitcoin Discussion / Re: What ruined your chances of investing in Bitcoin earlier? on: June 26, 2024, 09:46:49 PM
Mostly the lack of knowledge of bitcoin, and my finances were too poor to think of carrying on an investment in bitcoin when nobody around me was to teach or indirectly how to invest in Bitcoin with the little I had as a newbie.

It was as time passed by, through the knowledge I received from btt forum, that I began to learn how Bitcoin investment was, that someone can invest with the little they have and hodl it for long.
What you say is very true, apart from our lack of knowledge about this asset, in the past there was also a lot of bad news and many people also experienced investment losses there at the beginning or in the past. As time went by, I learned first before diving into the world of investment that it turns out investing in crypto has 2 methods, spot and future. 

What was an obstacle for me when I wanted to invest in Bitcoin was money, at that time I didn't have a permanent job or no income, this was a regret for me that was very difficult to express and of course for everyone. ever feel afraid when we put our money there.
One of the main reasons on why you had missed out such opportunity is just that because of those external factors that basing up with real time experience in regards about online scams.
On the moment that we would really be hearing out something which is really that in our first time on hearing out such thing then being skeptical would really be your main reaction into it and would really be having those thoughts that this would really be an another type of scam that it is really that existing. This is why on the moment that you would really be that making yourself see that on the things that you had known or heard before
turns out to have that moon shot then this is where you would really be having that huge regret specially onto the moment that you have realized that if you have just bought tons of those then
you might be rich as of this moment.

Thats how life works and it would really be better that you shouldnt really be looking back into those things that had already happened because on the moment that you do keep on coming back then it would really be just that bringing out such stress and would really be that not good for you to move forward.
31  Economy / Gambling discussion / Re: The real winning of gambling is withdrawals on: June 26, 2024, 08:46:17 PM
Whenever I win, I usually feel this strong urge to gamble more and also increase the amount I'm using to gamble. I do fall for this urge most times and the result is always disastrous as I end up losing the money I won with great pain and regrets. The only time I can say I have won is when I make withdrawals and possibly use the money for something else. As long as the money is still in the platform, there is a high chance of using it to gamble more. I decided to create this topic to see how other people manage their winning in gambling. If I notice a better approach, I will switch immediately as I don't want to continue experiencing the pain of winning and later losing the money again.

Why not change your strategy or when you win something big, take a break and gives it some days before you gamble again. The excitement and the joy over the last winning would have disappeared from your face and that happiness would have vanish by that time, it will gives you space to think and modify your skills and try again. This will surely help you to avoid losses, even if not all the time at least protect you from over gambling.

I don't know they type of casino that you use but I know some people that are in this situations and what they do is that they temporarily lock their gambling account for some says after the withdrawal and the casino wouldn't open their gambling account until after the period they set has elapse. This help them avoid over gambling and any decision that will make them to want to gamble.
Actually making those kind of breaks or pause on your gambling sessions in between doesnt literally could affect the odds on how you would really be able to win on the next game or session that you are tending to deal on with. Somehow when it comes to emotional aspect then having these pauses could really help us at least on trying to control that greed feeling on the moment that you are really that making some money or winnings.
It would really be that so damn hard to have such control at the moment that you would really be finding yourself on such condition on which you are really having that kind of urge when it comes to this aspect.
Making withdrawals would really be indeed the best way to secure out and make yourself called as a winner but on the moment that you would really be just that losing it on your next gambling session
then i wont really be calling this to be winner. You are really just that delaying yourself on experiencing on the same losing situation on which it is really just that the same in overall.

32  Economy / Economics / Re: AI will put an end to work, says Elon Musk on: June 26, 2024, 07:37:01 PM
Why's the debate active when it's known human will lose some job to AI just like we're aware AI can't do some jobs only human can do them.
I agree with you that not all work can be done through AI. Maybe work in the field of technology can be completed by AI, but other jobs such as work carried out by the lower middle class cannot be completed by AI. Therefore, the presence of AI does not stop human work but rather reduces the work that can be done by humans.
Yes that's right. The presence of AI is certainly not fully able to replace human work, indeed the existence of AI has a little impact on human work in general but there is no need to panic we must follow development and continue to adapt to this technology so that we continue to have creativity. Because of course everything must develop, but creativity is still owned by humans. Ride the waves, why Affed therefore, utilizing AI for more benefits, I myself use AI as the second brain, critical thinking still exists in the human brain.

So in my opinion, let this technology develop without limits in the industrial, agricultural, security, etc. sectors. To replace human labor. Because with AI technology is also very useful because AI works tirelessly, without being bored and not emotional. There are some workers who are not effective by using humans but are very effective if using AI and vice versa.
There are industries on which AI wont really be something relevant or not everything but there would really be those industries on which it would really be something that will be that benefited the most
when it comes to AI integration on which there's no doubt that they will really be switching it out and replacing those human staffs on which this is really something an inevitable change on some industries.
This is where lay off would really be happening and this is something that cant be stopped because a company would really be that definitely making up those changes but just like on what been said
above that there would really be still those companies  that would really be sticking into getting those human staffs because of the nature of their business that automation isnt everything.

If you are someone whose really that getting worried on losing up a job then it would really be always best that you should really be that mindful on trying to search for another side income
or even those jobs on which you know that cant be replaced whenever it would be happening when it comes to overall changes been made.
33  Economy / Gambling discussion / Re: Did gambling losses are traps to new game on: June 26, 2024, 06:46:25 PM

If you gamble and you lose, accept it and learn from the mistakes so that in the next games you intend to play, you don't make the same mistakes again. Sometimes, the mistakes doesn't even comes from you as a player but the outcome of what happen later especially if you are this kind of gambler that loves sport betting, your outcome and what you win is not define by your selection even though you believe that but what they played after is what will give you something to win.
That is the point why we should not gamble if we can't accept losses. And those people who want to win should also not come because they only fail from their expectations. The point of understanding about gambling is defined as the willingness to accept whatever the results are. Mistakes that seem to happen (again) are likely possible and we ask why. Because sometimes we lose control of ourselves making undesirable decisions causes losses. Winning and losing in gambling can be possible but it is regretful that we can't do everything to be on our side always as more often we lose than win. And this is the reason why we should not think of making more money here but rather think of having fun and pleasure.
This is the only key or something that you should really be thinking about is on the moment that you would be dealing up with gambling is that you've been wary about the risk involved and wont really be tending to make yourself that delusional on the moment that you would really be on such condition. Loses are inevitable and this is something that you do really need to look up and realize into because on the moment that you wont really be that thinking about those risks and would really be that going further and dont mind about the loses or the damage that it is really that making. On the moment that you do find yourself on such condition then you are just that basically putting up yourself on such risks on which we know that it would really be regrettable later on if you wont really be that fast enough on quitting midway.

On the moment that you would really be that making yourself getting involved with gambling then you should really be that wise on how to take up those things realistically
and not really be that delusional on being a winner all the time because this is something that will fuel your interest on which this is not really that good in any way.
34  Economy / Trading Discussion / Re: Why do traders lose money in trading? on: June 26, 2024, 05:36:01 PM
From my experience, here are 4 reasons I discovered:

1/ Lack of Discipline— a) Not sticking to one strategy, b) not respecting your trading rules, c) not sticking to your plan.

2/ Lack of knowledge—Inadequate understanding of the market, trading strategy, financial instruments, and fundamentals can lead to poor decision-making.

3/ Not having a mechanical trading system—This leads to emotional trading. Decisions driven by emotions like fear and greed rather than rational analysis result in significant losses.

4/ Overtrading—Taking many trades will affect your decision-making ability and lead to poor decisions.

If there are other reasons why traders lose money, share them with me.

Once you're considering trading, there are many ways traders can lose their money while on any trade, there is risk in it and anything that has the potencies for generating income must also have some level of risk being involved in them, we can't void making mistakes and through this as well, many are still missing out on their trades when they realized making a mistake, we are to only ensure that we are trading base on what we can afford to lose and base on the level of our understanding of it, as another thing to consider, obviously not all traders will like to risk their money on trades and loose it, but in some circumstance, it becomes unfavorable and things can't be avoided.
And this is something that you should really be needing to look upon on which you would really be needing up for yourself to be wary about those probabilities specially on losing money or simply talking about the risks involved.Usually there would really be those people who would really be that expecting  too much or being that too positive when it  comes to trading on where they do really believe that it is really just that too easy for them to deal with and make those positive results or outcome. Losing is inevitable, the only key on here is on how you would really be making yourself that sustain on the moment that you would really be on such situation or condition on which we know that handling up yourself on such moment isnt something that would be so simple or not everyone could really be doing it.

Take up the risks and act accordingly on which you would really be making out those kind of adjustments and you would really be able to point out on how you would really be that making yourself
that able to sustain if ever you would be experiencing those conditions. It all matters about into your plans and approach on how you would really be making yourself that versatile
and wary about on such condition.
35  Economy / Gambling discussion / Re: Soldiers using gambling to cope with stress. on: June 25, 2024, 09:48:43 PM
Quote
Re: Soldiers using gambling to cope with stress.
Gambling can be played anywhere - one can even gamble while making love.
On the battlefield - gambling is not a good option for soldiers for whatever reason, but I agree that I have no capacity to blame or justify the action as long as they know what the cause and effect are.

When we imagine a battlefield situation – soldiers may never have time to think about how to relieve stress. It is likely that they will be worse off as a result of gambling – but this is an assumption that is essentially a worry that they will fail to focus on the situation around them.
Its suicide and no soldier would really be on their right minds on playing up gambling amidst of a war or encounter not unless if it would really be done off duty then this is something that would be normal.
IF someone would really be caught on playing gambling on the time of its service then it would really be definitely be that reported and might be that removed to service because this isnt something that just
right on which playing up something when you are on duty on which this really violates up their rules on which this isnt really just that limited to soldiers but in other workers or employees as well.
Gambling isnt really that bad as long you are really that putting it on the right time and on the right moment on which you wouldnt really be just that playing around when you are on duty.

On the moment that you would really be playing around on the moment that you are on duty specially you are a soldier then you arent just that putting up your life in trouble or risks
but also you are really that making yourself trying to lose your job and also with your life on which this isnt something worth.
36  Economy / Economics / Re: Should there be a limit to investing in your children? on: June 25, 2024, 08:48:20 PM
There is a current trend in my country where parents are doing everything financially possible to give their children the best education. Some parents have gone to the extent of selling properties or taking loans to send their children to some of the best schools in and outside the country. I have spoken with some of them, and the reason they give is that this child will get good jobs and take care of them in the future.

I had to bring up this issue because most of them are becoming disappointed and depressed. In my location, children are seen as an investment because they have the responsibility to take care of their parents when they are retired, old, or unemployed. So parents will want to invest high in education because they think it will bring high returns. Many of these students who attended prestigious schools end up becoming unemployed and are still depending on their parents to survive. I also assume that many of them regret going the extra mile to give their children the best. They have lost money and are also in debt but their children are still dependants.

Do you think parents should have a limit on the amount they can invest in their children?

First of all as parents it an obligation to Carter for your children and the family at large, giving your children good education is not bad because it may be fruitful in the future but if you don't have what it takes to send them to schools outside your country or best schools in your country, I believe you can send them to average schools too within your means, investing in children is perfect but borrowing without having means to pay back and hoping on your children to payback in the future is not a good idea, we should understand that no matter how we see it, the future is unpredictable, beside going to a good school does not guarantee employment in some countries, for me I will say that parents should invest what the can but if parents are buoyant enough to invest in their children to any level they should, after all it is a commitment that parents must make to brighten the future of their children, education is a good foundation to success although it is not certain that every successuf person must be educated but it is very fundamental to human mental growth.
There shouldn't be limitation on parents investing in their children unless there is know efficient means to that effect, if all is in good shape in terms of finances then such parents should do the needful because it is worth it.
Of course as a parent then it would really be that our responsibility on raising up our children and giving the best that as we could as parents. Somehow it is really just that right with that kind of sentiment that it shouldnt really be that in the sense that you would really be giving it all but as a parent then it would be normal that we would be having that kind of thinking. Who doesnt want on giving all they do need? For sure you would
really be doing your best as a parent and wont mind about on the future you do have as long you have done your responsibility then this is something that would really be enough for us. It is really just that there
are people who do really mind too much about being excessive or what, on which we know that it would be just that normal since this is how we do show our love to them.

Somewhat it is really that partly true that some parents are really that putting it all and making those kind of expectations that their children would really be raising them up on the moment
that they do get their own job and on the moment that their parents would be getting old which is really that very wrong. This is why you should really be still allocating
something for future use on which its common sense.
37  Economy / Gambling discussion / Re: Will you put money together with friends to bet on sports games? on: June 25, 2024, 07:36:21 PM
So whose account is the bet going to be made from? Sometimes some fun isn't worth trying out. Wait until you guys play and luckily win a huge bet and someone chooses to run away with the money and what starts as fun turns into chaos.

If you want to share ideas together on which bet to place, that's very good and can help you analyze the bet the right way but with regards to joining funds together, I don't subscribe to it at all. What happens to playing with what you're convenient with and what you can afford to put into your bet? If you want your friendship to continue, it's best you don't allow money to come into the equation at all. When money is involved, friends can turn to a very strong enemy. Be wise.
One of the main risks or problems on which this kind of thing will really be that possibly be happening is on the moment that there would really be that huge win then it would really be that having that instances that
they are running away with those funds and just like on what other people that commonly saying on here is that on the moment that you would be able to know on what happened then what you would gonna do?
Pretty sure that someone had already spent up those funds or money that have won and this is something that wont really be that good. I would really be playing on my own and with my own funds. and with that
on which you wont really be having those doubts and having those worrying on the moment that you would won.

Also, if you are really just that betting for the sake of fun and entertainment then you wont really be needing someone for you to make bet. If ever you would win up
then you could 100% withdraw those funds without any issues or trying out to depend on someone whether asking for those winning part. lol
38  Bitcoin / Bitcoin Discussion / Re: Quit the doubt, it's not too late for Bitcoin investment. on: June 25, 2024, 05:53:33 PM
There's no better time than now, bitcoin has dipped so well that anybody that was avoiding to buy at a higher price just got very lucky to invest now.

I've taken advantage of this bear trend and increased my portfolio because delay is dangerous. I advise others to do the same because good prices like this don't last. If you've the funds to invest, the time is now!!.

Doubt's are part of humanity, but bitcoin's history and track record is enough to convince anyone of its potentials. So cut the doubt and Invest!!.
This is the same as the term planting today, of course you will see the results in the future, for example, if you get quite a large profit today from Bitcoin, of course you planted it not yesterday, right? Yes, if you delay until the price you want, you will never get what you expect, because no one can really predict the price perfectly. It's true what you said, start your investment as soon as possible, if you are sure and have good enough knowledge of crypto in this case you don't need to delay it. Delaying will make you regret it later and if the price increases and the price you want never reaches it and the price gets higher.
When taking up some position and planning to have that long term hold then it would really be that best that you shouldnt really be waiting for some huge dump or crash in the market because it would really be that eventually be going up, but somehow we cant blame those people who would really be having those kind of views considering that maximum profitability would really be the main reason on why they would really be having such approach on which this is something that they will really be that targeting or prioritizing on which it will really be just that normal. It doesnt matter on what are the decisions that we are making, just make it sure
that you are really just that investing into the amount that it wont really be that affecting your finances on the moment that crypto investment would really be that going south.

It would really be just that depending on you whether you would be making investment as of this moment or waiting up for the right opportunity. It would really be always your own choice
and it would really be always your decision on where you would really be making yourself having that entry or would really be waiting up further.
39  Economy / Gambling discussion / Re: Double your money and quite on: June 25, 2024, 04:59:21 PM
Doubling your bet is not even a method instead it is a norm for gamblers. Every gambler went to the hall or visit the website for the hope of doubling the amount he went with and so e of them before even playing the game they have already budget the money so if they lose it's like they want to dieing. And it is only a responsible gambler reluctantly with happiness leave the gambling scene when  has won back his money and plus the gain. But the greedy ones would stay back and play to win bigger price.

And that would have been the end of the money but it is only the lucky ones survive with that second plan.
Sometimes our expectations are high, we want to win the jackpot because there is a chance to win a lot of money with a very small amount of money. If the gambler expects to double the profit, his gambling profit is such that if he gambles $100, he may not lose the entire amount, or his $100 will turn into $200. But when the gambler risks this additional $100 and gambles expecting a jackpot round, and if he gets the jackpot round, he will be the owner of millions of dollars. Basically gamblers play with the expectation that at some point their luck will change and they will hit a huge jackpot round.

It's not a problem to put high hopes on anything we do, but before putting high hopes and beliefs it is very important to first see and understand what we are doing, such as understanding what and how gambling activities are actually from the positive and negative sides, gambling provides opportunities for everyone to multiply their money but we also have to realize that gambling provides the possibility for all of us to lose all the money we bet without a remainder.

I will explain simply that winning in gambling is not influenced by any action taken by the gambler, or that means whatever action or method or method you do it will not be able to be used as a benchmark or guarantee to produce victory at the end of the session, and that is why victory always comes unexpectedly by chance. This means that the key to a gambler's safety is to know, understand and realize how gambling really is, because if not then obviously you will be played by your own expectations indefinitely.
You should really be knowing on how you would really be able to differentiate about gambling and other things on which you could really be able to apply with that kind of high hopes and determination on acquiring something rather than on making yourself having that kind of delusional approach specially with gambling on which this is really something which is really that very bad or something that you would really be needing to look out for. If you are someone whose really that too impulsive when it comes on making money with gambling then this is something that you would really be needing up to reconsider or trying to look out.
Gambling isnt bad but on the moment that you are already spending up too much and having those kind of impulsive approach then this is where shit things starts to happen.

If it was really that easy on quitting gambling on the moment that you would really be having that x2 with your capital then there would really be no casinos that would really be existing today. Why?
They would really be just that simply stopping just because gamblers are wise enough on taking profits on the moment that they will really be having those winning conditions and wont really be
tending back to play again and hope for more but well we do see the different condition or scenario.
40  Economy / Trading Discussion / Re: Persevering Through Crypto Trading Losses on: June 24, 2024, 08:50:32 PM
It is not end of the world ,that is the thing that we need to keep in mind, as long as we keep that in mind, we should be fine. I get that we are not going to end up with anything that crazy, we should probably see this as normal and not really anything bad.

Losing money happens all the time, and if we keep losing money then we are going to be fine as well. The thing is that, people are reacting as if everything is ending and the world is about to end. That is not the case, if you have your life ahead of you and some years to keep working, you can always recover from absolutely anything. Plus, even if you can't the road to try to make it better is the life you live, that is fine and we just consider that as our life I suppose, still better than the alternative.


True. Trading is not something that will guarantee consistency in profits, but definitely it has its own inevitable losses as well, even if you are a legend in trading. I supposed one already knows about this prior to trading, otherwise he will definitely find it difficult to accept those losses he encounter while trading.

This only proves that if you are in the state of losing, quitting is never the option but a motivation to improve more your trading abilities and skills. No one gets shortcuts to successful trading, one should always know how to win those small battles of losing first so he will be more ready to face the big challenges in trading.


I truly hope that after very large losses, that person who will never quit trading will find some success and actually break-even then make more and profit. Because if he/she doesn't, and he/she has used all of his/her savings, then continues to lose more with his/her monthly salary, there should be an intervention, no? Gambling Addiction may be mistaken for "Motivation" in some situations.
Success isnt a guaranteed thing and this is why it would really be that recommended that you should be considering that you would be somewhat realistic if ever thing doesnt come on your way. There's no guarantee of success but doesnt mean that you wouldnt really be finding up ways or would really be doing hard work just because you've been that you arent that making those profitable trades. For those who do quit up easily
then it would be that not a good thing because we do know that learnings come from those mistakes and it would be a normal thing that you would really be needing to apply those learnings that you have gained into those loses back in the past and would really be that making much more better approach into the next trades that you would be making.

The only time that you would really be needing to consider on quitting or stopping is on the moment that you've been trading up for so long but you didnt see any progress into your trades
on which simply means that you arent that doing something good and it would really be just that better that you should quit or look for another career or thing that
to get involved with.
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