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2041  Alternate cryptocurrencies / Altcoin Discussion / Re: Will LUNA 2.0 be a complete failure in the long-term? on: June 06, 2022, 04:40:10 AM
Well, I guess it is time to move on and forget about Luna - they are done already.
Binance had already announced their huge losses from them, many investors had suffered the same thing, I really don't think we can still be hopeful with this project anymore even if they promised to reborn and improve their project.

As it was been said, they have already ruined their reputation and only those who never knew their background will invest.
2042  Other / Beginners & Help / Re: 8 Mistake People Make When Investing In Crypto on: June 05, 2022, 11:00:09 PM
Quote
8.  Investing in Just One Type of Crypto

I agree with this point too. This goes against the rule of diversification because diversification is to put money in different aspect of business so that incase one is failing and the other or next might succeed and you gain or recover from the loss of the losing one. If you invest in just one type of coin with alot of money, it is not a good investment. It is better to put money in different coins like throwing your net in the river you never know the fish it will catch for you.
But I don't have a problem with that, putting my money solely to Bitcoin is not wrong because I was sure that my money is safe and certainly it grows rather than splitting it into several altcoins. Well, of course, it was the best option to pick some potential altcoins aside from Bitcoin as it was the most practices here.

Generally, it is all about fund management. Even having multiple assets cannot give us assurance and the future of our investment certainly lies on how we manage them.
2043  Alternate cryptocurrencies / Altcoin Discussion / Re: How can i earn a passive income with Altcoins? on: June 05, 2022, 10:22:04 PM
Hi,

i wanted to create a passive income with the crypto.com lending. But they changed their terms, so i would need a lot more money to get the same result as before (with my plan i would get since middle 2025 ~a monthly passive income).

So now i'm on the search for alternatives. What are your ways to generate a passive income with crypto?

Just study and work yourself to learn to trade as this will possibly give you a passive income if you can make it right. As some traders made their way went well in trading, this can be also possible to happen with you OP. It was just a need of time and effort to learn about this stuff but I also remind you that not all have been successful in this field, many had quit. So even though I was suggesting this thing to you, I can't be sure that you will have a good future with this, that certainly relies on your capabilities and adoption.

If ever you fail in trading, then have to take the 2nd option which is investing.
2044  Economy / Trading Discussion / Re: Should I buy BTC or DCA other coins? on: June 05, 2022, 09:55:57 PM
this is a bear market, of course you have to immediately choose an altcoin or you can wait for the price of Bitcoin to be safe to buy,
because the price of Bitcoin still feels shaken due to news of interest rates in the US, if you want to buy Bitcoin I think it's good at $20k to $25k
It's still not enough if you have to wait for a bear market that's not yet halfway through. Because when a bear market comes along with pretty drastic conditions, we will see Bitcoin at $25K as you said. but can Bitcoin be this deep? Of course nothing is impossible, seeing the increase in interest rates is still only a few percent of the impact. That hasn't fully provided a deep enough correction. At the end of the year, we usually see a deep correction, so if that happens then the buying moment will be very promising in the long term until we welcome the halving of 2024.
But fortunately, there are no backup claims that support the possible huge decline of the market driving Bitcoin price to fall to $25k. What just we see is that all are positive views and the correction that we have now isn't bad to look at and we keep holding the line at $28k. Now that people are too optimistic about the future and coming halving, the majority were taken to make a buy option rather than waiting and looking for the bottom price. In this situation, we can therefore say that instead of thinking it drops more, it is too possible to see for an early recovery.
2045  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: June 05, 2022, 01:00:25 PM
I understand that, but just for the sake of having fun, I will just bet on the ML, just a few pesos would do. And also, I notice that the totals are very low for both games, it's just aroud 170 +, I think that says the game will most likely go under.

Converge almost won the game, they were up almost in the entire stretch of the game until in the final minutes when they could not buy a basket when most needed. You almost got the ML win mate but no thanks to that late rally of ROS hehe but it's not only you who lost as my bet did not cover the spread, i have it ROS -4.5  Sad.



ROS still did not cover the spread, sorry man. ROS had a good 3rd quarter run, they outscored the Converge by 9 points, and in the 4th quarter, ROS put a good defense to win the game. Nice game by the new team, at least they showed us that they can compete against a good team like ROS.

Just do live betting man, win back your losses, LOL..
Enjoy the 2nd game, such a nice game for both championship contender teams.
2046  Economy / Gambling discussion / Re: 2022 NBA Season - Finals on: June 05, 2022, 12:39:33 PM
It's too early to tell but he has shown some signs of being a great player in the next coming years.

The outcome of the NBA Finals will dictate his future.
He is undoubtedly the best player on the team, in fact, if we look at the favorites now to win the Finals MVP, it's Tatum and Curry who are the favorites.

And yes, it's still too early to tell but Tatum has been improving, and now they are in the lead in the NBA Finals.
2047  Economy / Trading Discussion / Re: If Bitcoin drops to $8k on: June 04, 2022, 10:56:14 PM
Market makers can go for stop hunting below $10k level because of possible accumulated limit orders for years in mentioned price range. I doubt the FUD will cause such huge depression on market, the possibility of such event is near 0,IMHO. I will join buyers and accumulate much more crypto if predicted market crash ever happens.
It had pulled the market from the ATH and then we go to the half of it from there. FUD still works for these whales and they still move the markets but what is good for experienced people that have been on the market, they don't mind whatever the FUD is.
We know that these FUD are going to create panic mostly among the newbies but to us, we just accept whatever it is and we know that eventually, the market will recover. About bitcoin going down to $8k again, it may happen through chances but just as what the most opinion says, it's little.
FUD doesn't work by now - it was just a failed attempt that these whales are trying to do in the market and manipulate the price.
What he (Guggenheim's Minerd) say is pure assumptions about a very unpredictable future, and likely wrong. Reaching back to $8k is quite impossible, not at this moment as people know how to hold and are already strengthening their faith in Bitcoin. And to see the possible huge increase in demand, the more it helps to keep the current price to its current level (and to see a spike is likely possible).
2048  Other / Beginners & Help / Re: Bounties and Airdrops on: June 04, 2022, 10:29:11 PM
If it's the usual bounty and airdrop, they're all correct that it's a waste of time and it's not worth it anymore. There are rare projects that distribute airdrops to their participants not by just the typical filling up of forms and posting POA.
The majority of these bounties and airdrops are worthless, even those reputable managers who manage them have no escape, they got not paid as well.
Quote
But by doing such tasks like contributing to their tests, helping them in validation and other technical stuff and that's no marketing on their end. Some are worth it to join but I don't have interests on them.

That's what I have seen that many folks really do spend time for those projects but it's difficult to determine if it will be a good one or not.
These people are encouraging participants to help promote their projects in exchange to some amounts as they have promised to pay them after but guess what? It was just a broken promise and it won't just break their heart and wasted their time but also ruins the reputation of the market which discourages investors to put money in here.
2049  Economy / Gambling discussion / Re: NBA 2020-2021 betting on: June 04, 2022, 01:57:47 PM


I think it the odds are still the same in Game 2 for the Celtics.
No, the odds are different in game 2.

Game 1 - Warriors -3.5
Game 2 - Warriors -4.5

That odds tells that Warriors will likely win game 2, it's a must-win for them and for sure they'll cover that spread if their defense will not collapse.

I think they will have to adjust their defense in game 2 and shouldn't allow that easy look from the outside and give the Celtics to shoot again.

The Warriors are still favor in game 2 and I'm not surprised that many are still going to back them up despite the unexpected lost they got in the first game.

The warriors just have to improve their defense, actually, they did a great job by limiting Jason Tatum, unfortunately, the Celtics are not like a Lebron team where the entire team relied on him to carry for a win, the Celtics are different, their brand of basketball is teamwork and that's why we saw in game 1.

When one struggles, somebody will step up, and what we have seen in game 1 is that Brown and especially Horford have stepped up.

That's what the Warriors do as well, I must say that the Warriors have faced a tough challenger that has a chance to win the NBA Finals, in fact, a bigger chance than them based on the current betting odds.

Warriors have to change the complexion of the series, if they'll win game 2, they'll probably be still the favorites in the betting sites to win the NBA Finals.

This is the first time I see the Warriors are an underdog in the NBA Finals (after game 1 loss of course).
2050  Economy / Gambling discussion / Re: PH banned online cockfighting - Worst gambling-related cases recorded! on: June 04, 2022, 01:36:18 PM
I think the Filipinos should put pressure on their government and the police to deal with these criminal problems. And only after these obvious problems are solved can you do such nonsense as cockfights.

There's no "it should" because it's already happening. Unfortunately, there will always be a case that someone or some group won't cooperate with the government. No matter how hard the pressure is, if the problem is on the core, that's a hard task for the government.

The main solution here for this menace to stop is for the people themselves to stop supporting illegal gambling operations. These corrupt officials won't be getting any benefits if there are no massive players that will use their illegal operations.

People will not stop supporting this because they got used to gambling when E-Sabong was legalized, and it's already part of our culture that some of us love Sabong. If it's easy for operators to operate an illegal online sabong, then they would not stop doing it, unless those who participated will also face the consequences but it's not the case because the liability only goes to the operators.

The people are always right.  This is an axiom.  You can't go against the will of the people.... 

If the people of the Philippines love to play E-Sabong, then the government of the country should not impose bans. 

The maximum that the state can do is to try to minimize the harm from this type of activity.  Gambling is probably part of the national culture of the Philippines. 

Direct bans, as a rule, do not lead to a solution to problems.  In my opinion, a more flexible approach to this issue is needed.

People does love sabong so government can't ban sabong, but they can ban online sabong because they are the ones who gave permit to operate, and upon their evaluation, it does not bring positive result to the people, in fact, it only made the lives of the many people harder because they choose to gamble than to save the money for their family.
2051  Other / Beginners & Help / Re: Education is the Key on: June 03, 2022, 10:46:19 PM

Charts don't lie, people do.
It is because people rely on speculations that are often wrong while the chart tells nothing about the incoming.
Well, learning could somewhat help a lot but can't erase the fact that people will still suffer losses because that was the nature of investment and trading. Even though we spend 2-3 years in crypto, still makes no sense if we still allow our emotions to make decisions, not our minds. And instead of reading books about crypto, and doing chart analysis, I guess it was better to priority on how to control our emotions first.
2052  Bitcoin / Bitcoin Discussion / Re: why we should Buy some Bitcoins on: June 03, 2022, 10:13:14 PM

Not everytime is the time to buy bitcoin, bitcoin will still rise to $100000 but those that bought it when it was at $60000 or above will not be happen right now, the best time to buy bitcoin is in the bear time when many people will be afraid to buy.
Perhaps, some saying Buying the DIP=opportunity is a legendary strategy.
But people aren't buying yet, they are looking for the bottom price which we don't know when it comes. It was the mindset of the people that were not really acceptable knowing the fact that the market trend is unpredictable. That is why we hear people saying they miss the chance, they never catch the dipping price before the recovery.

Well, this also depends on how we look at and analyze the market, nothing been perfect.
2053  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: June 03, 2022, 02:46:41 PM
What can you say about Shaun Ildefonso?

Can he be as good as his father, or even better?

Coverge will have their first game in the PBA this Sunday, I'm excited to see what this team can do in the PBA.

https://pba.ph/news/shaun-ildefonso-faces-father-s-team-in-pba-debut


Schedules.
https://pba.ph/schedule

Everything will be witness after his first game in this league. He's new and we don't know his capabilities,

if how impacting he is once he plays together with his team, comparing him to his father who's bigger, I personally say that

it will be a big challenge for him in creating his own resume. Danny I is one of the finest player who played in this league

the challenges from his two rising sons are really big, but let them grow and bring what they've got..

We have a new Ildefonso now in the PBA, his father was a great player, hopefully, he will not be pressured and he will make his own name. PBA is very physical, so he can use his big body to match the physicality given to him, with a new team, it's nice if he can build his new under this franchise.
Shaun ildefonso new player in PBA but a son of a legendary player in Philippine basketball association. All I can say after watching his highlights for this young guy will make his own  name in this league like his father did before. These guy is very athletic and 6 foot 2 is okay he can use his muscle to guard his opponent and more aggressive in terms of defend. And for sure he is very useful for the team.

I see, but let's find out this Sunday if he can really help the team to win. He is not the star player for sure as he is just a rookie, but as a far, we know if he would be able to contribute well or not. seemed like the info is not updated yet, https://en.wikipedia.org/wiki/Template:Converge_FiberXers_roster
2054  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: June 03, 2022, 02:17:23 PM
What can you say about Shaun Ildefonso?

Can he be as good as his father, or even better?

Coverge will have their first game in the PBA this Sunday, I'm excited to see what this team can do in the PBA.

https://pba.ph/news/shaun-ildefonso-faces-father-s-team-in-pba-debut


Schedules.
https://pba.ph/schedule

Everything will be witness after his first game in this league. He's new and we don't know his capabilities,

if how impacting he is once he plays together with his team, comparing him to his father who's bigger, I personally say that

it will be a big challenge for him in creating his own resume. Danny I is one of the finest player who played in this league

the challenges from his two rising sons are really big, but let them grow and bring what they've got..

We have a new Ildefonso now in the PBA, his father was a great player, hopefully, he will not be pressured and he will make his own name. PBA is very physical, so he can use his big body to match the physicality given to him, with a new team, it's nice if he can build his new under this franchise.
2055  Other / Beginners & Help / Re: Learning from the dip on: June 02, 2022, 11:34:29 PM
I bought some coin recently believing I’m buying from the dip but to my surprise this just keep dipping. MY DIP HAS TURNED TO THE DIPPER, EVEN THE DIPPEST.
...
You need to learn how to be patient as well.

There are only two possible scenarios that may happen after buying whether it goes up or turn dipper. Now since we are in the bear market, you can really expect more for the dumping trend rather than seeing it moving high.

If we are borrowing money for investment, just be sure that we have backup resources to pay the debts. We can just rely solely on crypto profit alone as we are not even sure about the market trend.
Many persons investing during the dip period really lack this patience we're talking about, they feel immediately they invest the market was supposed to pump within the next week or two but when the market trend goes contrary to their prediction they start lamenting.


That is the major problem with us because we think that investing in crypto is easy money and we have been thinking about a quick-rich scheme that has been promoted on social media encouraging people to invest. It was far different from the actual scenario and then started to blame the market which in the first place, they are the one who doesn't understand the market behavior and how it works. And I really think this never has an ending story and it add more volatility in the market.
2056  Economy / Trading Discussion / Re: The Legendary Forumla of Dip = Opportunity on: June 02, 2022, 10:56:56 PM
Buying the DIP is actually a big opportunity, however, some people never appreciate it instead, they are started to think negatively about seeing the red color line in the chart.

FOMO? We don't let this thing drives us as this might be the reason for our losses. We better decide the thing that we think it gives us favor in the end.
If this will be the best formula (DIP = Opportunity), then I have to support it but never I ask people to do so, unless if they are willing to take tisk.
2057  Economy / Gambling discussion / Re: [Boxing] Canelo vs Golovkin 3 (September 17) on: June 02, 2022, 12:51:59 PM
This could have happened before the Bivol fight, but then again they are afraid Canelo might lost to GGG in a trilogy and their chance to take a shot on Bivol might gone.
Well, what else can we expect, sports industry is more of a business now than an actual sport.
GGG is now 40, but I think he still have enough left in his tank to beat Canelo or bring the fight as close as possible.
It was Canelo who challenged Bivol, GGG was just waiting for Canelo's yes, and now that he failed against Bivol, he choose to fight GGG so he will beck in the winning track again, however, I don't think it's easy for him to beat GGG, though GGG is quite old but he is not a left over.
Yeah, because he was really ambitious and tries to go up in weight after he became an undisputed champion. Since he failed, his option now is GGG as for sure he believes he has a good chance to beat GGG again and make big money again. Boxing nowadays are business, and since people requested this fight, we are now getting it soon.
2058  Economy / Gambling discussion / Re: [BOXING] George Kambosos vs Devin Haney - Undisputed Lightweight Title - June 5 on: June 02, 2022, 12:20:21 PM


Odds at the moment if this fight goes the distance:

Haney 1.88  Kambosos 3.25
I haven't bet on a decision because Kambosos knockout record is underrated. His last three opponents were all former world champions and he knocked downed two of them. And I saw the e-mail champ getting hurt several times. Kambosos might stop this kid.   



You should bet now, Kambasos is really underrated, and the fact that he is still undefeated now, that says a lot that he is really a good boxer. Haney is just favored because of his great boxing talent, but a knockout artist for me is fun to watch compared to a technical boxer that sometimes would only be boring.
2059  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Shiba getting rugged like Luna? on: June 01, 2022, 11:16:30 PM
I think this can be a nightmare for shiba holders because when this happens usually the price of a token will collapse very deeply and can cause very deep losses, shiba I think is still experiencing a long sleep like doge coin price movements that occur only once in a few years , hopefully shiba can still survive.
It looks like Shiba Inu is just a hype project and turn like Doge, a meme coin stay together.
What the owner of Shiba did is somewhat disappointing making their investors and holder start to think about the negative and probably it starts a big sell-off. I'm certainly thinking of this, maybe it was not a big surprise because Shiba Inu originally belong to meme coins and seems no have a better future just like many others.
2060  Economy / Speculation / Re: Bitcoin price with a 4 year cycle? on: May 31, 2022, 11:04:30 PM
Snip~
There are even experts that predicted btc to cross 1 million usd. If a prediction like that is possible then why not a 180k or a 200k when they are in fact more realistic than 1million? But like you I agree that it can not be achieved easily. Maybe not in the year 2025 but for 2025 I am only expecting a price of 80k up to 100k but I see that in order for the cycle to repeat we must first drop below 20k? Geez, so there is a big condition right there but if that is guaranteed then why not? And why will we be scared. We are in fact going to be happy because it allows us to accumulate at the best value before we finally take off to that expected price.
They can be experts in some areas, but not in crypto. Nobody had been able to predict right for the incoming, though we believe about Bullrun during halving, however, in the case, they think that Bitcoin will reach $180k or $1mil, that was overly speculated and far from reality.

The next halving could be somewhat full of surprise and excitement, yet I wasn't thinking of $180k but $100k is quite possible. However, we couldn't be confident enough to see such a huge spike as that only happens if whales and big investors will take action during that time.
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