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201  Economy / Trading Discussion / Re: The Illusion of Trading Success on: April 20, 2024, 08:19:10 AM
Those traders who you have highlighted are not scammers. It is not right to call them that. They have been able to  build reputation, gathered the right audience through engaging content, built trust through consistent value delivery, and converting viewers into buyers and mentees. They are the metaphorical shovel sellers in the quote in a gold rush do not dig for gold, sell shovels. The monies they accumulate from the courses, their YouTube channels may now go into placing higher traders although they do not tell us the outcome, it is just what I am speculating.
As long as they are doing this without fooling anyone then I agree, we should not consider them as a scammer because they are just using their advantage, their knowledge in trading just to make extra money and they succeeded on this by just having a good number of followers. If you are into trading, having a mentor and someone who can guide you is a big help, but if none a group like this can also be a big help, you just need to continue learning until you can trade on your own, and by that you can have a good ROI.
Yes, the term scammers denotes more of a negative aspect, and these who prefer into teaching rather than trading, is actually done by their own choice. If they can’t be successful with real trading, then they should still take advantage with their acquired knowledge and strategies, and that will be possibly achieved through teaching beginner traders, not in the actual process, but most likely in the tips and methods that could enhance the best skills and strategies of a beginner in trading.
202  Economy / Gambling discussion / Re: Jake Paul to Fight Mike Tyson in Live Netflix Boxing Event - July 20 on: April 20, 2024, 03:47:42 AM
Fans are divided in response to this duel. Some thought the fight was too forced and quite a few were worried about the safety of Tyson, who is 58 years old. However, Tyson still ignored the criticism that emerged and said they were just jealous of the payment he received from the fight.

Tyson and Paul's fight is claimed to be the biggest and most controversial duel. However, the fight is still labeled an exhibition.

If that came from Tyson's mouth, we should trust him and be confident that he'll give a good fight. Despite his age, he still believe that he is a conditioned man and with proper training, who knows he might beat Jake Paul here and we might witness a rematch which I'm sure will attract better attention than this current upcoming fight.

But we should not forget it's just an exhibition fight, they can play the script they want and that's sure is based on what people are expecting, play our minds, they sell the fight and they make money, that's how business are done.
203  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: April 20, 2024, 03:26:48 AM
Thought converge are going to upset the SMB, but they were just good in the first half and the 3rd quarter alone, SMB have elimited the lead of the Converge. I can't believe the 3rd quarter scoring, 51-20 in favor of SMB, this is the first time I saw a team got outscored that high. Anyway, on the gamblers, converge still cover as it ended as SMB winning by 9 points only.
Upset hapenned in the PBA so it's not surprising if they did upset the SMB. However, SMB did not allow that, they want to keep their undefeated record and probably wants to make a history again.  The 3rd quarter scoring only showed how lousy the Converge are, they don't play defense because 50 points in one quarter  is just too much to give up while they only scored 20. They deserve to be winless because they don't give consistent energy every quarter.

On the current game now, Ginebra vs TN, this has become a very exciting game, Ginebra started strong but TNT got back in the 2nd quarter and were able to tie the game at the half. Now it's Ginebra that is leading with less than 5 minutes left in the game, let's see if they'll get this W.
That was close but not close enough for TNT to complete their comeback. Ginebra is just the better team, they are clutch in the clutch time and Thompson was a blessing because he nailed a 3 point shot that give them a go ahead basket, now I can say that they already are back  to their old never say die team and Thompson is a big factor of their success now.
204  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: April 19, 2024, 03:27:44 AM
Yeah, and that's the same reason why coach Tim bring him in to represent our country his good hassle play and bring tough defense gives the main cores to rest with a quality minutes,  I like Newsome in a way that he can blend his game to anyone but just like what you mentioned,  they are not composed of players who can compete during the all Filipino conference unlike with SMC teams which more likely will again meet in the finals,  unless upset  will take place..
Upset does not happen a lot in the PBA, unless it's just a regular season. In the playoffs or especially in the Finals, it shoudl be the best of the best in order for them to sell their tickets, otherwise, people will not be watching as they already know the outcome.
No upsets are happening now, because they are now positioning to qualify.
Maybe in the early days there were upsets but top teams are now making sure that they'll start winning.

If we are looking to bet today, we have 2 games on board

Converge (winless) vs SMB (undefeated)
Ginebra vs TNT

SMB vs Ginebra, great match up in the Finals especially if the series is long. I think they really need to create some script in order to prolong the series to make it more fun. Other conference where it's fun to watch is if they'll invite some foreign teams, just like before, hopefully that will happen again as fans do really love that kind of competition.
That's likely to happen since Ginebra is now in full force again and I'm sure coach Tim Cone would not allow to lose that easy again, they'll make an adjustment and will try to beat the SMB. But if other team will advance, hopefully it's TNT.
205  Economy / Gambling discussion / Re: 2024 NBA Season on: April 19, 2024, 02:49:56 AM
No Jimmy Buckets!  Undecided

Jimmy Butler officially ruled out of Friday's do-or-die Play-In game vs. Bulls

We're waiting for him this play-in and then he's got injured for the very first game. This MCL sprain on his right knee really, come on. We know how he changes and puts himself into beast mode every play-in/playoffs that they're going.

I guess that there's no more threat to the Celtics with this news. But with the Bulls, as they'll be the one for their next matchup, everyone is going to put money on the line for the Bulls.

They might I just wouldn't count out the Heat.  Not that Jimmy isn't the biggest part of that team but you never know in one and done games.  One cold streak by either team and you can lose.  Like the regular season when good teams lose to bottom feeders.  That's where 7 game series come in play.  Over time the best teams win but one and done I hate betting.

The postseason seems to have gotten off to a rough start for some teams. First, Zion is out due to injury, and now Butler is out for a few weeks. Speaking of the Heat, I'm still inclined to think that they can hardly do anything against other teams without Butler. Moreover, Rozier will also be out for the upcoming game versus the Bulls.


Too bad for the Miami Heat but I wouldn't underestimate their capability of winning as I've seen many times in the regular season that they are winning games even without Jimmy Butler.  This is the time for everyone to step up, no Jimmy so everyone should get involved and the ball should be moving well.

Still, I'm betting on the Miami Heat and I'm glad to take them as the underdog to win straight up.
206  Economy / Trading Discussion / Re: What people some people don't know about trading on: April 18, 2024, 09:32:18 PM
That person never knows how risky trading is, if only one thought how to get money fast then it is wrong, usually say this is a layman.

Trading is not an easy matter you have to study longer depending on your ability to work hard to understand everything because in trading it will drain a lot of thoughts so it will take a long time.

Working hard will not betray the results, behind it all the traders will feel the big losses.

You can earn 50-1000K if you are professional and apply everything in trading.
That person is obviously into greed of making money. And being greedy in the market might likely end up being a loser as he will continue to chase for quick profits, when we all know trading profits will only be possible after a long day’s hard work and dedication to the market.

Trading is never easy and is always associated with risks, so if you are weak and gets easily fainted when you fail to make quick profits, then think of it, you are not actually trading in reality, but more likely you’re gambling your hard-earned funds.
207  Economy / Speculation / Re: are you expecting Bitcoin to hit $400,000 after the bull run. on: April 18, 2024, 10:07:34 AM
I'm seeing Bitcoin rising to $400,000 before the first quarter of 2025, the bull run this time it will be different from the last one. Bitcoin is $70,000 now the halving have not started, I'm looking at the market that this is the right to buy and hold after the bull run then you sell and make your triple profit.

And now it's $60k as there was a lot of selling before the bull run itself. Remember as well that in the last bull run, there are people seeing that the price rising to $100k, so we might compare your absurd prediction to that.

The price didn't go to 6 digits, the all time high that we got is $69k (although it has been broken pre-halving).

My point is that sometimes there are predictions that are not going to happen as much as we wanted to believed. I guess the key here is for us to just stay on our predictions as conservative or doable and not numbers that are not reachable to be honest. So that we won't be disappointed in the end just like the last time.
Predictions could sometimes be possibly true or not, as no one holds accurately the future price of bitcoin. Now in the case of bitcoin price reaching $400k after bull run, for me that's quite illogical. Although bitcoin remains unpredictable up to this moment, but even if we come to multiply by three or four the current price of bitcoin, still your prediction OP is still out of the real frame. So I should agree with this that if we come to create predictions, they should be quite reasonable and attainable. Otherwise, your own prediction will be ignored by majority.
208  Economy / Gambling discussion / Re: 2024 NBA Season on: April 18, 2024, 07:33:11 AM
Who would stop Jokic? That's a big question, if they had Howard maybe it's possible, but aside from Davis,there's no other bigs on the Lakers that could minimize (at least) the production of Jokic.

He doesn't need to be stop, as long as Davis and Jokic will have a good production on their respective teams, that would make it even. And we can't go back to the Howard conversation as no one in the NBA have the same defensive skills like Howard, and there's a reason why he wasn't in the NBA now.

We cannot make a quick judgement here, I'm sure the Lakers have prepared it hard to beat the Nuggets, so let's see what they can do as this is a game of adjustments, it's a best of 7 series, right ?
209  Economy / Trading Discussion / Re: Trading Leverage on: April 18, 2024, 07:01:19 AM
So my question is why do exchanges still offer them. They keep pushing it to traders like favourite snack?

Because demand is high. That's simply just it.

As for leverage being bad, it is bad if you don't know what you're doing — which 95%+ of people really don't, just like trading in general. Could be a great tool if you truly know how to trade(hedging purposes and such).
Exactly. While the demand is high, exchanges will definitely take advantage on it, simply because they will also benefit from its profits. And as long as it will put profits on them, regardless if the traders end up losing, they will continue to encourage traders to use leverage in trading.

I guess I don’t see leverage as a bad thing, because it actually enhances the potential to make higher profits. But for a newbie’s point of view, it’s certainly not advisable for him because of lack of skills and experience in the market.
210  Other / Beginners & Help / Re: Always do your own research (DYR) on: April 17, 2024, 09:59:21 PM
That is why the basic knowledge on cryptocurrency market and possible the Blockchain should learned or taught to the newcomers in the cryptocurrency world so that would understand some basic concepts like investment, bearish and bullish market and ATH and even halving so that when they are investing in it then all these ridiculous questions and conversations will not occur again.

According to a popular saying "ignorant is a disease". When I say the conversation I laughed.
As a new investor in the market, do not wait for someone to teach you on that but work on your own and do your own diligence to make a good research on your planned investment. This is to avoid you from falling into the scammer’s trap, as any scammer will try to encourage you to invest so they can take advantage of your funds, or to avoid expecting too much on such investment because you were completely carried away with the words coming from the person who influenced you to invest.
211  Economy / Economics / Re: Also consider your mental State of health while investing for wealths. on: April 17, 2024, 09:20:56 PM
Health can never be overestimated. Unfortunately, mental health is overlooked. When people experience a loss from a financial investment, they usually just deal with it in their own, nobody really thinks of the fact that it can affect them mentally.
That we why we have to always advise that people should invest what won't wreck them if they lose.
Investments are risky, and some are even more riskier and more volitile than the other. We have to take our health seriously.

Asides from that, some people prefer to save and invest instead of taking care of themselves. I know that saving and investing is good but also take care of yourself. Eat healthy and exercise. What's the point of having savings if you're not healthy enough to spend it? A vacation does a lot in refreshing your body. If you have the money plan for it. Find ways to be happy. Don't just put all your money in savings or investment while you can't take care of yourself.
When one turns to be more greedy with money, that’s where ignoring of mental health might also takes place. This really happens to a lot of individuals, it’s like they find it hard to balance their mental health and financial health aspects. While health is wealth, but for them the real wealth is having to gain multiple profits from different investments, and that’s where mental health becomes at risk. Not realizing that if one fails in his mental and emotional aspects, one will certainly not succeed in all his wealth attempts.
212  Bitcoin / Bitcoin Discussion / Re: Bitcoin to the common man. on: April 17, 2024, 08:44:07 PM
You've said the word for most common man that needs to be applied and that is being "patient". Without this, one cannot achieve being great in Bitcoin because it's one of the most needed character as an investor or holder need to have. You need to be the most patient guy because as we all know, this is a roller coaster ride and today might be bumpy and tomorrow might be bumpier that you haven't expected to come. So, that's why you need to have this character as you invest and you'll learn this for every investment that you're going to get in. As for the people that have invested a lot on Bitcoin and even earlier, they're one of the most patient guys that have believed and trusted it. That's why you and me will certainly change our lives forever with it if you're truly believing to what Bitcoin can do to our lives because it's not just an asset that you'll have to hold but the value of it will increase more because of the adoption that's happening on it and with all of the fundamentals that we're seeing that surrounds it.
I believe it’s hard for a common man to be highly patient with bitcoin, knowing any common man gets emotional and easily gets depressed when bitcoin expectations are not met. However, if he gets into bitcoin deeper and becomes highly knowledgeable and well educated about bitcoin, he will come to understand that patience is a virtue in all bitcoin activities. Without patience, one cannot simply succeed with bitcoin, be it investing or trading.
213  Economy / Gambling discussion / Re: 2024 NBA Season on: April 17, 2024, 01:28:09 PM
For me this was an expected win by the Kings. Overall they are better like a team and they just destroyed the Warriors in this home game. The odd was honestly too big on the Kings and probobly a goft. The Warriors will need to get some new trades and new players for upcoming season because Curry cannot play alone.

The trend was really different and based on the bookies it was the warriors who are the better team.

If we look at the past games before the play-in, the Warrior are winning games while the Kings are struggling, resulting for their team to be in the play-in. But in the game vs the Warriors, they played their heart, they protect their home and they "light the beam"..  

Maybe they are basing on the interest of people and somehow its undeniable that Warriors is crowd favorite that's why many thought that they are more better than Kings this season. But All people think about that has prove wrong by Kings since they had totally out performed warriors in that match and we can say that they make Warriors struggle that's why they get the win in this game.

Before Warriors beheaded Kings and advance to the next round but now this season Kings show up a great revenge and they stunned a lot of people watching then show that they can be more better and play good as a team. Now this series became more exciting so provably we can still see more interesting match up in playoffs.

That's how the bookmakers work, the odds they'll create is based on the opinion of the majority of people , they have an algorithm to follow and that resulted for the Warriors being the favorite, even on the road.

One good example is this website https://www.sportsbettingdime.com/nba/public-betting-trends/

This tells the percentage of money going to a certain team either in spreads or moneyline.
214  Economy / Economics / Re: Prioritizing strong foundation over quick gains on: April 16, 2024, 09:18:48 PM
You have a point there, and your opinion couldn't be more accurate. The result will be what we rely on and evaluate someone, the process does not say anything. Many people like to teach others how to get rich and how to invest properly, but they themselves have not been successful and have not achieved any significant achievements.

Each person's circumstances, economic conditions, thoughts, and visions are different, we cannot criticize or look down on them just because they do not do the same things as us. Just like I often tell some people who like to criticize and badmouth others, "don't try to teach rich people how to spend money."
Even if, let's say, I'm a successful whale, it doesn't mean I can teach you how to get rich... What works for me may or may not work for you, as I said previously. Don't forget the luck factor as well, since maybe I'm just lucky.

Hence, whether it's short-term or long-term, high-risk or low-risk, people shouldn't just take the information at face value but dig deeper into what's best for themselves.
People should be responsible as well to do their part and invest on their knowledge first before trying to trust certain investments that they think will lead them into a successful and profitable life. Hence, extensive research is the key. Don’t just believe what people say, and become blindly educated like them, but instead learn to take the process step by step and don’t jump into risking a lot of funds until you’re not sure enough of your investment.
215  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: April 16, 2024, 12:20:55 PM
If they have the money, they can. But just balance all of those players and teams unlike PBA, they're saying they have salary cap but it's all just a show and greater and superstar players are receiving more than the cap.
There's always a thing called "under the table", if they really think he is very valuable to the team, then they could give that salary. I don't follow MPBL a lot but since they have been considered as a pro already, that means they are into business for long term and whow knows one day they'll overtake PBA and they'll be the best league in the Philippines.

Greg is actually 35 years old already, I don't think he deserve that kind of salary because he is nearing the retirement age. That article might just be hype and readers buy the story.
Yeah, that under the table is making sense in the PBA. It's not a secret that it's happening mostly in MVP and SMC teams, they don't even want to trade those players as they're closed with contracts until they finally end and no longer in use for the team. Just like what happened with Greg, his contract ended and got an offer to play in B League but because he can't stay there for so long and want to be with his family, it's good to see him play on MPBL and has still a good offer and contract.
He wouldn't come back if the offer is not good. I like to see Greg being helpful to this team, so hopefully that rumor is true and he'll be able to make a name again, but this time in MPBL. Personally I'm not really watching MPBL games, but I heard people say that it's more fun than the PBA.

Anyway, that is still a rumor until we see Greg in uniform of whatever team he'll be playing.

Back to PBA, SMB is still leading with 5-0 record, maybe they will end undefeated this conference as they are really good.

By the way, tomorrow 2 games again.
ROS vs Northport
Hotshots vs Bossing.
216  Economy / Gambling discussion / Re: 2024 NBA Season on: April 16, 2024, 11:37:50 AM
Less than 24 hours and we're going to see Lakers and Pelicans. I'm stuck thinking on which team should I go but my heart is with the Lakers.  Cheesy
Lakers gonna play hard even if that means they'll be facing the Denver Nuggets in the first round.
There are speculations that they might purposely tank in this game to avoid the Nuggets, but I think there's no basis on that because the Lakers wants to be a champion and they'll face any team that will be match with them,  even if that team swept them in the WCF last season.

Lakers at 8th, not a bad position to be in, they could beat Pelicans and even finish at 7th as well, going from 9th to there within two games is definitely a big achievement without a doubt. I understand that people may look at it differently, but I do believe that's actually an advantage for Lakers.
It actually is an advantage because whoever loses on 7/8 still have the chance for the loser bracket to play for the 8th seed.
They cannot take chances on that as if they loss tomorrow, there's no gurantee that they'll win against the Warriors or Lakers.
Every game is very important to them and they'll treat it as a do or die game.
217  Economy / Trading Discussion / Re: Trading is not a lifetime job. on: April 15, 2024, 11:49:24 PM
I'm sure not all traders will agree with me but some could possibly be on my side...

Here are the reasons why;
 1. It is quite stressful - old traders will soon give up due to mental health problems
 2. It is not enjoyable anymore - nobody will stay long in a job that they no longer find themselves comfortable with especially if you are not earning well.
      Most of the time we feel this during bear season.
 3. Trust issue due to Scam growth - traders never find it safe to use exchanges, even big exchanges.
Maybe for others, but I know some people who are pretty successful in trading and even if they might not do it in full time and part time only, they earn a good profit.
1. Not all old traders are getting stressed, some of them have good experience and get used with the market and how it works.
2. No one is enjoying if they are only losing, correction. There are traders who are still earning during bear season or any kinds of market, they earn even in bearish season.
3. Why would you buy new coins where you can trade big volume coins like Bitcoin, Ethereum or coins in the top 10.

But anyways, different people have different perspective but you are right there are some people that is not really for trading.
Reality is, if you’re a well experienced trader and gets maximum profits everytime, then I should say you must be destined in trading for long. But let’s admit it, not all traders are good enough, majority are still trying hard in trading and still end up with inevitable losses. With this kind of traders, it’s obvious that they should not treat trading as a lifetime job, otherwise they will only regret why they push to risk their funds in trading when they can buy and hold with less risk and less stress, and they can still be able to get the same amount of profits if they are good hodlers.
218  Other / Beginners & Help / Re: How to be more visible in the forum as a beginner on: April 15, 2024, 11:00:04 PM

Some sections I feel it's not too good for a newbie to engage in discussion are: The reputation board, Loan section, Meta, development and technical discussion, scam accusation and project development. It is assumed that users who get involved in these sections are rooted in the forum and has spent so many years in the forum and have experience about the discussions in those sections so a newbie getting involved in those sections literally makes them look naive and that account looking suspicious as an alt.

What I have noticed about new users getting in the forum is that they all respectively have a particular board of their strength in the very beginning of their journey in the forum that they start with by constantly dwelling much on that particular board.

A user can before joining the forum have technical knowledge and with specialization in computer science skills like coding and others. You don't expect such user to be fond of posting in politics and society board because he is a newbie when he can by his knowledge share in the technical discussion board, project development board instead of Politics and society just to prove he is a newbie.

This is why it's very likely not to be true using the board a newbie posts in regularly to use to identify if he's an actual newbie or just a disguise old user under a newbie account. There are other glaring ways to identify but just not certainly this way.
Newbies are smarter these days. Regardless of their position, some have been making quality and meaningful posts already in such boards where they find comfortable to post. And I do believe that being visible in the forum will not determine as to which board you are going to post, but it’s all about on how genuine and authentic your post is, and as long as you get to post relevant information that will bring new insights for other members, I think you have already been starting to find your own spotlight in the forum.

And to be honest, this should not be the focus of all newbies in general. Instead, they should be working on knowledge acquisition first and understanding every post in the forum most especially those posts that suit to them. One should not be pressured to become visible in the forum at an early time, because once his post will start to leave impact on other members, I guess acknowledgement from the forum members will eventually follow.
219  Economy / Gambling discussion / Re: Jake Paul to Fight Mike Tyson in Live Netflix Boxing Event - July 20 on: April 13, 2024, 02:47:08 PM
We've seen Mike Tyson training already and his videos have been circulating in the media already. Yeah, still that far but Tyson "don't want to leave any stone unturned". So it's good to have him train early and maybe we can see Tyson in his best shape of his life when he shows in this fight in July.

What we are seeing is just a clip of the training, not the entire training session, so I hope it doesn't create a hype that we think Mike Tyson is still young and could beat Jake Paul. Because honestly, I think this fight is very dangerous for Mike Tyson considering his age, and against a young opponnent who has a power to knockout an opponent, this is too risky for him.

And based on the rules of the fight, I hope they'll follow this; in order for both boxers to be safe. But Mike better be ready

Quote
The fight could be six, eight or even 10 rounds and three judges would be ringside to score it, unlike an exhibition which would not be scored and no winner would be declared. KO's would also be possible in a professional fight, an outcome that is unlikely in exhibitions as both fighters usually don't put their foot on the gas as much.

https://www.mirror.co.uk/sport/boxing/mike-tyson-jake-paul-fight-32569112
220  Economy / Gambling discussion / Re: What is gambling to you, a fanfare or potential financial havoc? on: April 13, 2024, 01:42:06 PM
You should always do gambling based on its definition. In general definition which I also believe, " gambling is an entertainment", so if we are still getting that definition, it only means one thing, we are enjoying what we are doing.The risk of getting addicted like would destroy your finances is not cause by gambling so we can't blame gambling on that. You know what the reason is? It's us being indiscipline and our inability to control our emotion that lead to financial problem.

I know that because I have been in that situation before, but I was brave enough to not blame gambling, instead I blame myself and I was able to correct my mistake. I know I can't go back to the past, I just learn from it and now I'm already enjoying gambling like it's not even risky anymore for me.
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