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221  Bitcoin / Bitcoin Discussion / Re: Upon the death of a bitcoin user. on: March 27, 2024, 06:17:39 PM
I have come to stay in this community and thought of one thing which has been bothering me.
Relating from our traditional banks where a bank customer dies and all his assets remains unclaimed by his relatives. I was once told that there was a bank manager who withdrew funds from there customer dormant accounts hopefully that the owners are dead as those account has been dormant for years without any form of activity on the account, it happens when no relative knows about the account for them to lay claims.
Similarly to bitcoin what happens in the event of my dismissal since no relative knows about my investment. It doesn't really make sense if my family can't enjoy my wealth. Will it be lost or is it good to entrust someone incase I'm no longer there?

If that is going to be the case then you need to inform them about your investment, there is no way around it, unlike banks which have all the records of your information. You could easily set a beneficiary or could have something like a will in case you die, probably put your spouse as your beneficiary so that in case something happens you always going to have that peace of mind that they are going to access your savings in you die.

There was no way that you could access someone's wallet and just hope that they are dead already, just because there were no transactions what so ever, if you could access that then you were probably a hacker, but it wasn't going to be that easy, most of the lost Bitcoin is already lost unless someone has some kind of leads or information that is going to help access that account.

It's a little different on Cryptocurrency or Bitcoin since it is a decentralized thing, there is no such thing as this beneficiary unless you're going to open it to custodial wallets that have this kind of policy on it, But since most of us are probably using secured wallet, where only you can open it unless you gave someone access to it. Just like what I said there was no way around it, but to tell them about your investment, personally what I do is put everything that is needed in a notebook that I could give to someone in my family, everything is written there its like a password manager, they already have a good hint that I have a pretty good amount of investment on cryptocurrency but they have no idea where it was unless they are going to see the notebook. I just say that everything that is needed is in that notebook in case something happens.

222  Economy / Speculation / Re: Bitcoin halving, how low the price can be? on: March 26, 2024, 06:49:41 PM
Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

I honestly doesnt have any idea on what going to happen in the market on Bitcoin halving, in my theory it would probably be the safe in the past Bitcoin halving for sure the market price is going to drop down a huge percentage, but honestly, it might that be the case this one, it was surely evident but there was no way to accurately predict the market in this situation, it's still kinda new to a lot of people so market patterns could easily change for sure, it's just that easy to relay on patterns.

My best guess here is the market price is going to drop I could hope back to 25k$ probably, the market is just too high at the moment, most of the traders that are in the market doesnt have any idea they just go in because of FOMO and it was pretty common where newbies are going to think that Bitcoin is unstoppable and just gonna continue to skyrocket to the point where nothing can stop it, you're a fool if you think that way, the higher the market price increase that higher the chance that the bubble is going to explode market could easily experience a huge correction where market price could drop a huge amount in just a short amount of time.

The still best strategy is still going to be Dollar Cost Averaging, I've sold some of my holdings, because for sure it might take a long time again if the market drops its going to be a long time to recover again from that drop, gaining profit is going to be reasonable every time.
223  Local / Pilipinas / Re: Tuloy Ang pag Ban Ng Binance Sa Pinas At Posibleng Dahilan. on: March 26, 2024, 05:05:44 PM
Syempre alam naman naten gusto makuha ng government ang market sa cryptocurrency, kaya gumagawa sila ng system kung saan kikita sila ng malaki at for sure malaki kaltas jan worst baka may tax pa. Alam naman naten ang cryptocurrency lalo na ang Bitcoin isa talaga sa mga characteristics niyan is decentralized which is ayaw ng government naten kaya gagawa at gagawa talaga sila ng paraan.



Looks like nagstart na talaga silang magban ng website, hindi ko namaaccess ayung website ng Binance kanina lang, marami na rin report sa mga PLDT users kung saan hindi na nila maaccess ang Binance website, so far sa mga nakikita ko sa comments sa converge mukang working pa naman yung website, but not perfect pa rin mayroon akong mga trial looks like madali lang naman mabypass ito. Nagtry ako ng VPN ang gumagana siya na aaccess ko na ang Binance, pero isa pang bagay is yung application working pa din ito.


With VPN

Binance APP
224  Economy / Gambling discussion / Re: What Becomes of Gambling if Sport book is taken away. on: March 26, 2024, 09:32:19 AM
I don't know is this have been discussed before here on the gambling discussion board or not, but let see how our independent opinion on this question will be and what to anticipate should Incase we find ourselves at that stage in time.

Just as the title stated, what do you think will becomes of gambling enirly if we wake up one morning to the news of global banning of football,  or a country ban it citizens from participating in football both as a game and also a sport.

Do you think gambling/casinos will lose it popularity since chunk number of their clients are from sport bookies section?

I don't think so gambling has a lot of alternative to it, gambling wasn't really just sports betting on football so even if football was banned globally I don't think it is going to stop gambling at all, for sure there might be a small effect for others who bet on football but I'm sure that it will just pass at time goes by and we will move on to it, Football is not just the sports, we have baseball, Basketball, horse race, tennis etc. it will continue for sure even though football is banned.

It would not lose popularity for sure but football fans are not going to be happy about that, and the whole gambling on football is gone as well, that might affect some but if they are gambling I could see them going on other sports to bet, Not to mention that gambling is not just sports betting there are a tons of card games like blackjack, poker, etc. Then we have lotteries out there, dice games can't even count because there were just too many of them.

This is just hypothetical, in reality, I don't think that there was a possibility that Football was going to be banned at all or gonna die, I mean Football was really popular around the world it has a lot of leagues on it, unless no one is playing it already it might be forgotten through the history, but with this fan base it's almost impossible to die or get banned.
225  Other / Beginners & Help / Re: Do you think merit is by chance or lengthy article? on: March 25, 2024, 05:07:22 PM
Initially, I was to think merit is by chance ( i.e something that will just happen) or lengthy article ( i.e writing too many paragraphs and the rest of them), but I have come to realize that, it is more than that.
I have being discouraged several times because of my numerous posts and replies yet no merit then. Even now, some times I use to be discourage. However, the only way to get merit is by posting quality article ( that is what determines merit) which almost everybody is aware of now.
In summary, don't look at the quantity of post you have make so far but instead try to adjust, I mean improve in your posts, above all be consistent and patient that is the key.

I mean that is usually the case since posting your own topic is going to get a lot more attention than just replies because on one thread, there are tons of replies so it's going to be difficult to notice your post on that considering there are as well even more quality post than your post there, I mean that just normal if your going to ask me, In my experience doing your own thread it quality articles will tend to have higher chance to gain merits than just doing replies. But doesnt really mean that replies are going to be useful I mean it's the easiest way to do it than creating a full-length topic.

In the end, these are all not going to matter the important thing is your learning and at the same time posting quality posts here in the forum, if you are on your journey in the cryptocurrency space just continue with it, and make the forum useful, help other members and ask them for help as well, it's going to be a win-win situation to everyone here in the forum. If you just continue to do that there is no doubt that merits is just gonna come naturally you are going to get it.

I gonna need to agree with you the secret here is consistency and patience, but it's going to be difficult to be consistent unless you are doing it yourself, you're experiencing it, etc. so I always suggest that newbies start right away on there crypto journey.
226  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin a scam on: March 25, 2024, 03:55:44 PM
It's pretty normal for sure people to think this way, there are a lot of people who lose a huge amount of investment in Bitcoin especially if they invested at the wrong timing, like the last Bullrun the all-time high was around 70k$ when the market drops a huge amount the Bullrun ended drop to 5k$ something like that, your probably gonna lose a lot of money on that, due to FOMO congratulation you just lose a huge amount of your money, they panic sell at that market price. I mean if you just don't have enough knowledge on Bitcoin and are still a newbie on the market you surely gonna think that this is a scam. Not to mention the structure of Bitcoin could easily be a huge scheme where people could get scammed, I mean if the creator of Bitcoin is still alive he could easily drop the market because he simply has a huge amount of Bitcoin that he could use to manipulate the market. If you're going to think about it, it was obviously similar to pyramid schemes out there.

Even though Bitcoin doesnt have some kind of backup and the market price just depends on supply and demand, It surely proves itself to be a great investment, decentralization is probably the best thing that it has in my opinion, compared to fiat money that is being controlled by the government, Bitcoin surely has a lot of advantage compared to it, I mean what was really the point of fiat money, we are working every day for money, fiat money that has an unlimited supply, where the government could print money freely whenever they want to, and then saying about inflation? The truth here is we are slaves of the government because of the fiat money, Bitcoin is going to be our savior when it comes to fiat.
227  Economy / Gambling discussion / Re: Can we still truly achieve anonymous gambling in crypto? on: March 24, 2024, 11:32:37 PM
Crypto has been known for anonymity. During the early stage, we like to promote it using the words "decentralized" and "anonymous ", and it's the main reason why a lot of gamblers have chosen to gamble using crypto to gain full privacy, but it seems like things have really change a lot now as gamblers are looking for a casino that are licensed while some casinos who promotes anonymous gambling eventually act like a fiat casino that requires KYC.

What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?
I mean if a casino requires KYC I would usually avoid it for sure it's not gonna be wise to give my KYC to some casino that is that from my country for sure, Still I think it is possible to achieve anonymous gambling on crypto gambling platforms, most of the crypto gambling platform doesnt require any kind of KYC and it uses cryptocurrency as a payment making no trace of your information, transactions are recorded for sure in the blockchain, but as long as your careful it is going to be difficult to trace someone with just a address.

Just avoid a crypto gambling casino that requires a KYC i mean if you look at the trusted gambling website here there are a ton of platforms that don't require any kind of KYC.

It was usually going to be a red flag to me if I encountered a gambling website that required KYC in the first place, I believed that there was no need to get this kind of information, not to mention that there are a lot of gambling website out there that has scam cases, its was really popular where online gambling website is up to a scheme, so I wouldn't give KYC to any platform because it can be used to illegal activities if you give it to them, you don't know they might be selling your data, you never know, let just say that it wasn't worth it taking that risk.

Gambling Tons of trusted website here plus your getting a good support if they are here in the future, not to mention most of them doesn't required KYC.
228  Economy / Gambling discussion / Re: Always check the deposit address on: March 24, 2024, 06:53:08 PM
This is not new warning but I think people might need to be reminded about this after experiencing this personally just now. I recently made a loan using a casino wallet address, I check the wallet address if it’s the same before I ask the loan and I confirmed that it was the same.

The problem comes when the loan is already sent while my casino wallet address update right after the loan amount sent. Take note that I’m using same wallet address since I play to this casino for about 3 years and they just update my wallet address some time after I post my loan request here.

To make the story short. The balance is not credited but after a lengthy discussion with the support and after sending proof that my old wallet address is still the same when I made the deposit(loan) then they recover my funds out of good will.

The lesson here is always check the wallet address before you deposit no matter how long do you use the same address. Most importantly don’t use casino wallet address to receive funds that has a delay such as loan money and campaign payments since there’s a chance that they will update their wallet address without prior notice. Keep safe and have fun.

It surely is not a good idea to use a casino address wallet in the first place, especially for receiving a loan money deposit, because there might be some issues in the platform, and also there is always a possibility of your account getting frozen because it's surely a centralized platform.

The platform here is doing some shady things still because of the sudden change of address at least there might be some notice at least on email, because the address is an important thing, also if there are a new wallet address generated the main one should still be working that just means you're going to have two address already, rules of thumb for sure all of the funds on the past address should still be credited on your account unless it was actually deleted on the list of address since you just generated a new one its common I guess to a lot of wallets. But I guess it is a little different on the casino platform because they could do whatever they wanted to do, so you have no claim on it, but still, you could always make a complaint on the support if they have a good one its customer if they will not give back your money I would consider it a red flag.

Also, there are a lot of cases of funds sent to the wrong address or hack method that involves the wrong deposit address so it's going to be a good practice, especially for a trader to always double-check the address, there are some cases where they are pasting the wrong address even though they just copy the address on the platform, if you always double check you could easily see right to that.

229  Economy / Gambling discussion / Re: Streamer's fan took his own life due to addiction on: March 24, 2024, 06:30:58 PM
A sad reality of online streaming that also doubles as a gambling promotion is that it can have unknown consequences with its widespread reach. As it recently came to light, a fan of Adin Ross took his own life. The controversy however was much more than just this fact. The controversy stemmed from the fact that Adin Ross' editor, being completely apathetic to these news of a man taking his own life, called it "old news" in a dismissive tone.

Source: https://www.sportskeeda.com/esports/news-rip-him-adin-ross-editor-confirms-kick-star-reacted-fan-taking-life-due-gambling-addiction

Adin Ross is one of the most famous streamers in the world right now, with his content having hundreds of thousands of hours in watch time. Of course much of his content is direct promotion to slots games and such gambling. Perhaps Kick should add some limits to how "controversial" a streamer can be in their platform. People like Ross were banned from twitch after maaany violations.

What do you think about this? Do such people deserve a platform even on Kick?

Probably it all adds up to the point of taking his own life, I mean for sure addiction could actually be a huge problem in the long run but I dont think it is going to be that easy or just because of money someone is going to take his life. I'm sure other problems add up besides his frustration with gambling making him take this kind of action, as long as you get a lot of support probably from your family there is always a way to recover from losses.

There are lot of influencers and streamers that gamble online actually, I've seen a lot of facebook live and it seems like that gambling was getting really popular to a lot of streamers and as well as trading cryptocurrency, I remember last time most of the streamers are mostly playing NFT games but it seems like it wasn't profitable anymore so they migrated to online gambling already, that just means that there are a lot of gambling website that is offering a lot of influencers theses days which can be concerning considering there are possible children watching.
230  Other / Beginners & Help / Re: A mistake you would surely regret on: March 24, 2024, 05:56:34 PM
Yes it's another bull run and everyone that invested in a scam project or lost money in the last bull run are already filled with FOMO and shouting to the moon for new projects they have no knowledge about, many Influencers are out again promoting new projects and promising huge returns and you can see a lot of persons in the Comment section following and wants to invest.

Don't let the green you see everywhere confuse you to forget the basis of investment, do your own research and don't follow the crowd that has no knowledge in what they are doing, don't let greed push you into looking for outrageous profits like 100x on new projects and you end up losing your money to scammers.

Avoid rapid investment or aggressive investment by putting money in every project available, take your time to research and make informed decisions, it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.

Lastly invest what you can afford to lose, or rather stake what you can afford to lose cause I know no matter the advice many read they woudl still invest in shit coins so stake what you can afford to lose.


Would surely agree with that, I mean high-profit investments like to the Moon projects are most likely scams just like what happened in the past Bullrun a lot of newbie traders and investors invested on it, and might not be a direct scam but most of the project is down to a lot to the point where they lost millions of dollars, which is the money of the investors, and the only winners are the investors that is able to take profit on it.

I remember the last Bullrun when the NFT market was to the moon, all of the traders were just so hype about a lot of NFT projects, probably weekly there were a lot of projects that were getting launched expecting they were going to make a huge profit with this projects, I mean for sure it is possible investing early on this kind of projects, it is evident I do take profit as well to some NFT, not to mention there are as well NFT games that have a lot of hype even until today I still see a lot of NFT games getting a lot of investors.

As long as you have the knowledge your going to know that investing in altcoins could give you a higher profit, but it has a trade-off and much higher risk, but investing in the 3rd layer projects is a much bigger risk, I wouldn't call it a bad decision as long as you are aware and know what you are doing.
231  Bitcoin / Bitcoin Discussion / Re: How safe is saving screenshots of useful information and BTC transactions? on: March 24, 2024, 05:13:53 PM
I mean Bitcoin transaction, as long as these screenshots don't have some kind of sensitive information that could be a key to accessing your account, I think it is still going to be fine, even though I wouldn't really say that it is safe. Bitcoin transactions are something like a reference number of the transactions something like that, in my opinion, would make a huge problem even though people get access to it, I mean it was all public data that anyone can see and access, like Bitcoin address or something like that, I mean it is all record in the blockchain every transaction that is happening its public, so if a hacker could hack with just that information then his going to be a trillionaire already.

For the most part, if you doesnt know, most of the application that is installed on your phone can easily access your files and photos as soon as you allow it to access it, most of the social media platforms are able to do it as long as you allowed it to, but most of us are just not aware of how dangerous it could be, most of the applications for sure are collecting our data that they could use in order to sell or advertise something like that.

I would say that its not good practice doing this screenshot stuff, and i wouldn't say that it is really dangerous, your probably going to be fine doing it, but for the most part it is all ready better to be safe than regret it in the end.
232  Other / Off-topic / Re: Dont chase your loss on: March 24, 2024, 03:54:02 PM
I mean personally if I started to budget my gambling like 100$ I already consider it as a loss fund, because there might be a higher chance of losing it than winning, and it wouldn't going to hurt that much anymore since I already gave it up. That is why you should always just put a very low percentage of your income on gambling an amount that you could easily let go of or afford to lose, something where you could easily recover from it.

Great mindset, you'll never lose a lot of money with the way you think. However, you'll also not gonna be profitable as a gambler because you already concede from the very beginning, if you want to be successful, you need to build that confidence and treat your bankroll a very important one that you need to grow and protect. By saying protect, it means chasing losses has no room for you as you follow the right system for bankroll management.

I mean I take your opinion on that, I mean it's not like I would just give it up on my 100$ in the first place but I just consider it as a lose of money, If you're going to ask me I would surely gonna have 100% of my confidence if I have that 100$ that I dont really care to, compared to 100$ that is a money that I only have. What I mean is I dont just give up on that money in fact I am more confident to risk it and gamble it because it just like it wasn't my money anymore.

I dont agree that you're never going to be profitable with that mindset, I mean there are a lot of times when I could grow a 40$ gambling investment to around 600$ in a few months on sports betting. But I just treat this money as excess money so I dont really care about it when it comes to losing, If you going to ask me that's boosts my confidence in doing risky bets, even though I might lose a huge amount on it, it could definitely be the other way around. Gambling success is not just gonna depend on confidence and protecting it, beside it is more like lucky if you going to ask me because not everyone is gonna win for sure, it might be possible but it doesnt mean that it is going to happened.

233  Economy / Exchanges / Re: Is poloniex safe? on: March 24, 2024, 02:45:07 PM
I saw in some comments some people dissapointed or saying poloniex is scam, what do you think?


Poloniex has been running for years so we could say that's a legitimate exchange, I had a Poloniex account as well back in 2017 it was running pretty well that is were I started trading on cryptocurrency until I had some issues with it, that doesnt happen to other exchanges, my account was actually locked with a little funds on it, I didn't open it for a long time but when I get back on it I wasn't able to recover it which doesnt really happened on other exchanges like Binance especially when you take a break on trading usually you could easily recover your funds on it. Plus there are a lot of reported issues out there of freezing accounts, and loss of cryptocurrency in the platform.

At this moment the website is still running and I can see that there are a lot of updates that are going on especially with the UI design of there website, still with my experience of using the website I wouldn't going to recommend you go to this exchange not to mention it was a centralized exchange if you are planning to do trading I would easily recommend going with the trusted one and popular one like Binance, here in my country Bybit was also popular. Dont waste your time trading on this platform because there are already a lot of cases and issues on it so for me that's a red flag.
234  Bitcoin / Bitcoin Discussion / Re: Dangerous insights on bitcoin Investor on: March 24, 2024, 11:04:39 AM
I mean calling the police on your son, I dont know about that, that just dumb even though there was some suspicion of illegal activities it's probably not a good way to do it.

I dont really understand it, if they dont understand what their son is doing and probably they think that it is related to some activities, I mean why not just talk to him right? it's a much easier way to understand what your son is doing just ask him. And for sure the son is going to explain it to them even though they doesnt have an understanding to it.

I dont know if the story or true, but in the first place I wouldn't recommend investing in Bitcoin or any cryptocurrency out there without having some kind of source of income, because it is still a very risky investment going on it without having some kind of backup is not going to be a good idea, for sure you might probably profit on investment but it's not going to be a good practice considering you might force to sell your investment because you needed the money or there was some kind of emergency. But if you have the financial foundation, having emergency funds, have savings, insurance, etc. you could easily hold your investment for the long term without getting FOMO or worrying about it, because you have the funds to survive on having sources of income.

235  Other / Off-topic / Re: Dont chase your loss on: March 24, 2024, 09:03:03 AM
It is best you gamble when necessary not because you want to chase your loss and win back you money, many are victim of this circumstances and for me is a bad practice and this might make you not to employe your gambling skills and roles because you inhast in your decision making. What is your opinion on this?

It's never going to be a good idea to chase your loss, especially on gambling where you could end up losing more if you continue to bet just to get back what you lost.
I think the main problem here is having the main goal of making an income from gambling if that is going to be your main goal it might not end up well in the end because if you just continue with that you might get frustrated and lose it if you end up losing money. The easiest way to do it is to do it mainly for entertainment, limit your gambling habits, and do it in moderation. If you are going to set the limit on it, then if you lose like 100$ then you lose it, but if you win a huge amount of money then you win, that is just how it works, so setting the limit of the amount is going to be useful, on losing your temper and getting frustrated.

I mean personally if I started to budget my gambling like 100$ I already consider it as a loss fund, because there might be a higher chance of losing it than winning, and it wouldn't going to hurt that much anymore since I already gave it up. That is why you should always just put a very low percentage of your income on gambling an amount that you could easily let go of or afford to lose, something where you could easily recover from it.
236  Economy / Economics / Re: Why are some countries being sentimental with bitcoin and the cryptos at large? on: March 24, 2024, 06:55:56 AM
It's known that crypto investment has brought about good impacts to individuals and organizations that has invested in the reputable and reliable cryptocurrencies such as bitcoin and those who had been lucky to make prospective incomes in the AltCoins.
Conditionally and unconditionally a lot of countries has been against Crypto currencies to be be adopted and exists in their countries despites the potnetials of bitcoin that has helped the masses to reduce the rate of unemployment and has also served as Alt source of incomes to some person's.
With all these said, Bitcoin and other reputable AltCoins deserved to be globally embraced without a margin of sanctions just like the way some countries does.
So I'm wondering if bitcoin existence has ever possesed any potentialities to bridge the countries Economic growths whereas the adoption of bitcoin doesn't give the countries economy the chances to grow. I can't just get it right why a government would have such sanctions on such development like bitcoin despites its potentials and how hail and willing the messes are to have it existing at their door steps.
Are the government self-centered?
Are they protecting their citizens from an omen that the cryptocurrencies portrays?
Or they're just being awkward from embracing digital developments?

I mean for sure Bitcoin and Cryptocurrency as we can see on the positive sides could have a big impact on a lot of countries especially on their economic growth as we continue to utilize its technology and develop them to become a part of our own system going to be huge for sure when it comes to the growth of a country.

But you are just looking at the bright side of it, if you look at the dark side of it there is a lot of fishy stuff that is happening that is not going to be acceptable by the government.
Like for example Bitcoin market price has no basis but just depends on supply and demand, it doesnt really have some kind of backup that is supporting it something like a company or a tangible asset. Price depends on nothing but supply and demand are just driven by the hype of the market similar to collectible rare things like a rare sneaker, or a rare gun something like that. It's getting its value just because someone wants it and is willing to pay for it, luckily Bitcoin already is developed in a lot of countries where its already established as an investment but it still doesnt have something that's backing it up so theoretically it could drop its market price easily similar to rare sneakers where at one point cost around 1million dollars then after a few months cost only one hundred thousand.

In my opinion, the government could take advantage of the technology of cryptocurrency, and in the future, for sure this technology is going to adapt to a lot of countries, but we also need to understand that we have the fiat money system which is already a dumb system allowing them to print unlimited money, which is completely different from what Bitcoin is, for there will be a lot of complications on that.
237  Bitcoin / Bitcoin Discussion / Re: End Goal or Keep HODLing? on: March 24, 2024, 05:31:20 AM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?



I mean these are just subjective so anyone can do whatever they want to do, There were just some traders that HODL Bitcoin until the day they died, probably because they wanted their sons and daughters to inherit it because probably they believed that in the future Bitcoin is going to be in a much higher market price for sure, and nothing is wrong about that I dont really believe that they just want to hold it for long term and not use it at all but they just doing it so that someone could inherit it, a lot of people have different takes on this, personally I wouldn't really want to Hold Bitcoin for a very long time or until I die because it just didn't make sense to me not using that money that I invested my self, so for me its always a wise way to always take the profit if you could because the market is a cycle so there are always a opportunity to reinvest it and make a profit again, we could probably say that its a chill way to investment if your just doing it long term and just waiting for something to happened.

These long-term holders are people who already have a huge amount of money, I mean for someone who doesnt have a consistent income I wouldn't really recommend it, I mean at some point you gonna need to sell that Bitcoin if you just don't have the financial foundation so I could always recommend sell at your target market price if you can and not just holding it for life. As long as you're selling at a much higher market price and taking your profit you're not doing anything wrong. It's still subjective so if it's your investment you can do anything you want to it.
238  Economy / Gambling discussion / Re: Have you ever done something crazy to bet? on: March 23, 2024, 11:59:26 PM
Hi community,

I remember when I was in middle school, we used to play cards almost every day, and our stupidity reached the point where we would skip classes while we were inside school. The method of playing was easy, as the largest number was the winning card. So, some of my friends and I would gather in the middle school bathroom and make bets with the money that we had collected  from selling cigarettes.
Of course, this is not something I am proud of and I do not recommend it to everyone, but it's just childhood memories .

-Have you ever bet at the wrong place and the wrong time?

Ever since I always do this kind of crazy bet, because I really think that gambling is going to end up losing so your not really going to get lucky every time, but if you are just starting to bet I always just do it all in one bet because I might be lucky or I might lose it, If I win the bet then that's easily going to be a no brainer Im going to cashout after that win because I dont want to keep on gambling because I'm just going to end up losing my money If I stay gambling after that bet. Then if I lose the first bet that could easily be a loss but at least I didn't waste my time on it, If I'm going to lose then I lose.

I barely do it anymore since I mostly do sport betting, It wasn't going to be a good strategy for the most part because one loss of that bet you would be out already, which just means that your not gonna be able to recover anymore after losing that bet, so I mostly do 10$ bets win a good profit reward around x3 of it, So i guess it's a low-risk bet with a higher return, Not bad in my opinion so far I'm able to grow my balance on gambling, most of the time I would just start to 40$ but after a month of betting on NBA games I could easily get around 400$-600$, Could even be higher if Im getting lucky on combo bets which could give higher multiplier reward.
239  Economy / Gambling discussion / Re: Gambling can bring positivity and light into people's lives on: March 23, 2024, 11:40:40 PM
For sure there will be positivity as well when it comes to gambling, I mean there will be winners and losers on gambling, and most of the time when it comes to gambling it is always related to a bad image due to site negative consequences and probably because we always see people who gamble going to a lot of problems, so we always tend to avoid it in the end because most of the time it is not going to end well for the most of us.

I mean for some people gambling is just for entertainment when can be a positive thing, yes all of the things that you have said is correct.


1.Winning Life-Changing Prizes: For some individuals, a significant win in gambling can change their lives for the better. There are numerous stories of people winning large jackpots in lotteries or casinos, allowing them to
    pay off debts, support their families, start businesses, or pursue lifelong dreams. These instances of financial windfalls can bring newfound stability, happiness, and opportunities into the lives of winners.

1. Bonding and Socialization: For many, gambling serves as a form of entertainment and socialization. Whether it's a friendly poker game among friends, a night out at the casino with loved ones, or participating in
    community bingo events, gambling can foster bonds and create lasting memories. These social interactions can improve mental well-being, reduce stress, and strengthen relationships.

3. Boosting Confidence and Skill Development: In games of skill like poker or blackjack, success often relies on strategy, calculation, and decision-making. Some individuals find that mastering these games boosts their
    confidence and sharpens their analytical skills. Additionally, achieving success in competitive gambling can instill a sense of accomplishment and pride, leading to improved self-esteem and personal growth.

4.Supporting Charitable Causes: Many gambling activities, such as charity poker tournaments or raffles, are organized to support various charitable causes. Participating in these events allows individuals to enjoy gambling
    while also contributing to the betterment of society. Winning in such contexts not only brings joy to the individual but also benefits those in need, thereby spreading positivity within communities.

5. Overcoming Adversity: In rare cases, gambling has served as a means for individuals to overcome adversity or hardship. Some people facing difficult circumstances have turned to gambling as a source of hope or
    escapism. While this may not always lead to positive outcomes, there are instances where individuals have used gambling as a catalyst for personal transformation, resilience, and recovery.


But this is not always going to be the case here since you need to win the bet for sure in order to get some of these things, life-changing money for sure is not going to happen that easily especially if you're always losing the bet. Then the rest is not going to happen to you as well if you're always losing the bet, Let's just say that even though there is a lot of positivity about gambling there is always more negativity that is linked to it, like addiction, money problems, mental health etc. In my opinion its going to be better not to recommend gambling just because of this points.
240  Local / Pilipinas / Re:Crypto Taxation on: March 23, 2024, 11:25:16 PM
So far sa nayon naman mukang malabo pa ito dahil na rin kahit sa ibang mga bansa ay hindi pa din naman nila nilalagyan ng Tax ang Cryptocurrency, so siguro nga possible na mangyayari ito pero kung mangyayari man na ito matagal pa dahil marami pang pagdadaanan yan kung ipapatupad nila dito sa Pilipinas, maraming magrereklamo jan at hindi naman din yun ganun kadali na matataxan dahil bago pa lang naman saten ang Crypto,kahit na matagal na itong nageexist hindi pa rin tayo familiar sa technology neto.

I mean so far naman may mga inderect tax pa rin naman ito lalo na kung sa mga custodial platfom ka bumibili ng Crytocurrency, may mga fees na binabayaran pagdating sa mga platform and nagbabayad ang platforms ng tax so atin din nila kinukuha yung pangbayad nila sa platform nila. Ibang usapan na kase kung Profit sa trading ang tataxan nila for sure malaki laking usapan pa yun kung yun ang kukunin nila na pagkakitaan mahirap din matrace yun lalo na hindi naman sa kanila ang mga trading Platforms.
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