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2201  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you regret when you miss selling at ATH followed by a correction on: August 11, 2022, 09:31:53 PM
It often become a good opportunity when you sell at a peak and after that the correction come and you buy again with low price but many people miss that opportunity who then regret but I do not regret when I miss that opportunity because I do not do greed and remain satisfied with my current amount of coins and I know in the future the price will grow again to another ATH and my current coins are enough to give me enough profit. With this thought I keep myself tension free.

What is your views and conditions at that time?

everyone will surely regret it if they have gone through times of altcoin bulls reaching new ATH and has been followed by a correction. because the new ATH is unlikely to happen in the near future, but it takes a long time. and if we can sell altcoins on new ATH then we have a chance to get bigger profits. and we can buy it back when the correction occurs.
thats why how important taking profit in every trade. No matter how much return we get from coins, price will do correction or reversal we never know. By taking profits and re analize market, i am believe will make our  portofolio growth faster than just holding.we have more buying power with profits accumulation we got before.
I'm sure that most of us has our own regrets on not taking profit on trades, The common reason of it is because of overestimation of the market and becoming greedy at the same time. There will always be a price correction and retracement on massive pumps and it is expected most of the time. Of course, Actively trading opens new opportunity on having that buying power and getting more profit from your trades. It takes time, effort , knowledge and patience but it is definitely worth it after being satisfied with the profit you earned on trading.
2202  Alternate cryptocurrencies / Altcoin Discussion / Re: What's to make of the NFT craze in retrospect? on: August 11, 2022, 08:41:35 PM
I think the NFT craze was an interesting phenomenon to witness from the sidelines. In retrospect, I think a lot of people made a ton of money at the forefront.

I suspect the massive amount of people stuck at home during the pandemic with too much time on their hands contributed to the overvaluation of tokens and created unnecessary hype in this space.

At the moment, I’m just keeping my eye out on some sites but not really too interested in getting into NFTs right now.

On the other hand, people investing in these kinds of digital assets is far from over and I don’t see it going away any time soon. The NFT market has taken a huge hit just like crypto but will probably pick up again hopefully this year or latest in 2023.

The only way to know if they will recover is to wait for the next bull run and see what the market does, it is true that some people made so much money with their NFTs that this attracted a great deal of people thinking they could do the same, but they were a minority, I am sure the majority of the people that participated in that craze are questioning themselves about what they were thinking at the time, since it is very likely their losses were massive and there is almost no hope they will ever recover all the money they lost.
By the time that NFT is very profitable, People flock over on NFT projects and made money on every project they can possibly milk on until the projects are getting rugged one at a time. People jumped out on NFT's because of trust loss or monetary loss since projects where abandoned and no hope for recovery. For now projects who is continuing their product development or following their roadmap has still some chance to recover especially when the next bull market arrives but I'm sure most of them will be gone before they experience the euphoria stage again. NFT projects who are abandoned where most likely can't recover their value and this means monetary loses from the NFT owners.
2203  Economy / Gambling discussion / Re: Rise of Streamers in Online Gambling on: August 11, 2022, 07:59:37 PM
The best way to confirm any claims 'I won x amount of money in betting' is to get his tax and income report. If he indeed won $686 million worth of bets, it can be easily cross-checked. I don't know much about this xQc streamer but from a google search, he's a Canadian and they do not have to pay taxes on gambling winnings. This might be hard for you to verify his claim after all.
In that case, It's hard to verify about the winnings he declared. Though it's possible since he said that he has a gambling addiction according to the article I read. Gambling streams is now starting to get popular on twitch and there are some viewers who are telling twitch to stop gambling streams, as for the reason I don't know but maybe it's about the possible gambling influence that this streamers can do on his viewers especially on underaged viewers.
I think tax and income report are a personal matter already and won't be possible to shown in public but on some sites like stake for example, it's possible to request a detailed statistic or report about your gambling activities.

I don't know if what gambling site that streamer play but he can try to request on the site where he play and that's the one he can show to his viewer. Maybe on some gambling sites, your stats are already recorded on your profile. That can work too. He is a streamer so it's not shocking that he can bet an amount like that because the money that he was using was not from his own pocket anyway.
On the article I've read, It's shown xqc is streaming his winnings and the casino he is playing is stake. He voluntarily showed in wager history on his stream after he read an article about his gambling activities. I don't know what game he is playing but his bets number are 600k+ so I guess it's a fast paced game like dice. For me it's nice to see that he is being transparent to his viewers about his gambling records and activities.
2204  Local / Altcoins (Pilipinas) / Re: Axie Infinity Philippine Thread on: August 11, 2022, 07:16:24 PM
Nakatulong ang update na ilalabas which is yung slowly transitioning na sa origin at umangat ng kunti ang presyo ng slp. At for sure kung madagdagan yang burning mechanism which I think mangyayari since may runes na ilalabas mag pupump yang slp. Pero kahit ganun di ko ini-expect na mataas ang pump na dala ng hype nito since looking at the market nasa questionable state parin tayo.
Maganda nagiging galawan nila sa transition sa v2 to origin. Mas gaganda at papabor yan kapag ok na yung rewards system nila katulad ng sa v2 ngayon.


Tama lalo na nagbigay na ng sneak peak mga sumali sa builders program nila at may nilabas at malamang makakatulong ito ulit para lumakas ulit ang presyo ng slp, sa ngayon abang nalang talaga tayo ng updates at medyo nagugustuhan ko mga nagaganap sa kanila ngayon. Tsaka nagpapakita ng kunting pump si slp at for sure umaasa ulit ang mga old holders na mag pump presyo ng slp at axs.

Madaming sneak peaks before kagaya nung axie racing and axie adventure na kasali sa builders program. Eto yung nakikita ko na reason para tumaas yung presyo ulit ng slp. Maganda talaga pag seryoso yung team at tuloy tuloy yung progress even bear market pa. Dahil sa success ng axie infitnity is maraming nag tiwala at gusto gumawa ng games nila na associated dito and for me it's a good move. Sooner or later hindi lang axie related games yung papasok sa sky mavis, Hindi ko alam if may plano yung sky mavis pero satingin ko magiging steam version sila ng GameFi


Source: https://axie.substack.com/p/builders-first-projects
2205  Economy / Trading Discussion / Re: Tips for newbie to long-term investing on: August 10, 2022, 08:47:37 PM
Long-term investment in my opinion is very risky for newbies, not even for newbies either, but all of them,
because in the very high volatility crypto market, our capital can be liquidated, there is a way that we can avoid that,
by eliminating greed in trading.
Crypto market is known for it's assets volatility, It's a normal behavior of most cryptocurrency to be volatile. I don't know why you tell us that the capital can be liquidated if we take long term investment path, As far as I know you can only be liquidated if you are doing leverage trading. If you continue to accumulate crypto as your investment, The value of it won't be liquidated as long as you choose the right type of crypto to buy. It's much easier and safer compared to trading that requires knowledge and effort to do. In my opinion long term investment is always a go to for newbies as long as they choose the right type of coin to purchase.
2206  Local / Altcoins (Pilipinas) / Re: Sen. Manny Strikes Again... Creating Dog Themed NFT on: August 10, 2022, 07:50:50 PM
Sa tingin ko magiging saturated na itong mga JPEG type NFTs kahit coming from the celebrity pa yan. Parang hindi worth collecting mga itong NFTs ni Pacman. No disrespect despite that he is so supportive sa NFTs, but I don’t ang NFTs nya are attractive.

Yung mga NFTs na parang out of the box thinking at imagination like yung kay Luis Buenaventura II, yan ang talaga na nag stand out pati ang mga next level animated NFTs (not those easy cartoonish GIFs like yung binili ko na Will Smith worth $100 ata haha). Just my two sats lang guys.
Very very true! Parang nalipasan na yung part style if we are talking about the trend sa NFT space. 2d art style is isa sa mga nauso before at naging trend at ngayon feeling ko din na it's not worth collecting even co-founder pa si pacman. Andami na din projects na connected ki pacman at karamihan dun is nag flop, Witness tayo dito kasi madami dami na din threads about pacman connected projects. Most of the projects naman siguro is for the name lang of pacman at it shows na hindi na ito effective after multiple attempts.

Agree, Isa si Luis Buenaventura II sa mga nauna dito sa pinas na nag venture into NFT's and quality din yung gawa niya depende sa taste mo in art. Maybe there will be a trend na under rated artist products yung magkakavalue ng malaki hindi lang yung projects na may sinasabi na connected sila sa big project before.
2207  Economy / Gambling discussion / Re: Boxing Speculation, Odds and Predictions on: August 10, 2022, 07:31:41 PM
After watching the rematch of Donaire vs Naoya Inoue, you can see that Donaire no longer has his main advantage - speed and simply does not have time to react to enemy attacks, age still affects him, and by moving to a heavier weight category, he also risks his health

I wasn't expecting that from Donaire because he was aggressive during his younger days fights. I think his age really affected his performance and stamina. Maybe that's the reason why he wants to rest for a while. We can't deny that Inoue has fast hands and strategic punches, he was a big challenge for Donaire.
Age is really a big factor in sports especially physical sports like boxing. Donaire is 39 years old and Inoue is 29, Age is somehow far. Donaire boxing peak or prime is now gone and I think that he can possibly retire now as a boxer. I agree that his battle with Inoue is a real challenge, Inoue is at his prime now and I that time I bet on inoue even though I'm a Filipino.
2208  Economy / Gambling discussion / Re: Rise of Streamers in Online Gambling on: August 10, 2022, 06:23:03 PM
I saw on the news that the xQc streamer made $686 million worth of bets in three months, but I can not find a reliable source to confirm this news. Have you heard anything about it? If this is true, then in my opinion this is a clear disrespect for his viewers, since it is obvious that all the money from this amount is fake - he clearly could not wage such a huge amount.
The best way to confirm any claims 'I won x amount of money in betting' is to get his tax and income report. If he indeed won $686 million worth of bets, it can be easily cross-checked. I don't know much about this xQc streamer but from a google search, he's a Canadian and they do not have to pay taxes on gambling winnings. This might be hard for you to verify his claim after all.
In that case, It's hard to verify about the winnings he declared. Though it's possible since he said that he has a gambling addiction according to the article I read. Gambling streams is now starting to get popular on twitch and there are some viewers who are telling twitch to stop gambling streams, as for the reason I don't know but maybe it's about the possible gambling influence that this streamers can do on his viewers especially on underaged viewers.
2209  Local / Altcoins (Pilipinas) / Re: Axie Infinity Philippine Thread on: August 09, 2022, 06:21:55 PM
https://www.youtube.com/watch?v=Kc5nVOacB7c
meron na pala mga community na gumagawa ng mga kanilang sariling games kagaya nito kinopya yung vampire survivors
Wow! Ngayon ko lang nakita to. Pinanood ko ang youtube video and it seems nasa alpha stage na sila at nagbibigay sila ng whitelist para malaro yung game sa alpha stage. Mukang interesting naman yung laro at entertaining nanan kaso parang mini game siya ng origin given na origin icons na yung skills mero yung muka ng axies is axie infinity padin. Sooner or later I'm expecting na mag kakaroon pa ng maraming gantong klaseng game sa sky mavis at pwede ito yung mag push para tumaas ang value ng SLP given na mag kakaroon ng burning mechanism in those games.

yup tingin ko talaga yung mga community games na mismo ang magliligtas sa Axie kaya kung madami ang mag dedevelop ng mga kanilang games magkakaroon ng demand ulit.
Nice, meron na palang gumagawa ng mga games. Mukhang tahimik lang at wala masyadong hype, mas maganda yung ganitong nangyayari. Simpleng updates lang at mga developers.
Sana nga ito na yung magiging dahilan na babalik ulit ang Axie, hindi man tulad ng dati pero at least maredeem niya sarili niya muli sa market kasi sobrang bagsak.
Soon pwede maging big thing yung mga simple updates ng devs at games na associated sa axie na gawa ng community. Imagine if nag buburn ng SLP ang future games ng sky mavis at mag poproduce lang ng another type of crypto as a reward dun sa future games. Mataas ang chance na umangat ulit ang SLP dahil sa more utility na ito at hindi nalang for breeding. Balita ko nga is mag kaka NFT runes na sa origin and isa sa crafting requirement ang SLP. May price changes na tayo na nararamdaman pero hindi pa ganun kahalata dahil siguro hindi pa implemented. Basta tuloy tuloy naman ang skymavis sa pag update ng project nila at ngayon may support na ng community.
2210  Economy / Trading Discussion / Re: Don't sit on your hands on: August 08, 2022, 11:34:20 PM
Many people are expecting Bitcoin to go down to 10k before they start investing, well not a bad idea but sometimes your expectations might not come true, just because bitcoin was 3700$ in match 2020 doesn't mean we might see 10k per Bitcoin, remember it was because of CoViD that's why BTC plummeted to 3700$, the best strategy is DCAing, 17500$ per BTC weeks ago was a good opportunity honestly, for the short time some said but might be the last for the long term too, instead of guessing and making predictions avoid sitting on your hands and do nothing.
In fact, it is very difficult to say what the Bitcoin market will be at any given time. At any moment the Bitcoin market can be dumping and at any moment the Bitcoin market can be pumping.Many are speculating that the Bitcoin market may be dumping further and may stay within the $10k range. But we have seen and know that Bitcoin only reached the maximum of 69 thousand dollars and then gradually more Dumping is 17k dollar range.This is such a big dumping in the middle I think this is the biggest kind of down that may never come again.At the moment, the Bitcoin market is now at 23 thousand dollars, but if you want to invest, you can invest in this market.Investing must wait for long time. But you can own a huge amount of money someday.
Bitcoin is a very volatile asset and it is expected to move up and down anytime. The massive dump of bitcoin has happened many times before and it is expected because of the market cycle we are anticipating for. There are many charts all over the internet speculating where will bitcoin go and some of them are from $10k range. It's actually possible but the best thing we can do right now is to apply DCA since the market now is very uncertain.
2211  Economy / Gambling / Re: What is a game you would like to see in an online crypto casino? on: August 08, 2022, 10:19:15 PM
I would be shocked if someone created or add Color game in a crypto casino. Color game is a Filipino game that is famous and could be seen on fiesta's and carnival. Color game widely known in the Philippines because of it's fun thrilling aspect which is droved by luck. I've seen someone digitalized the game and make an app for it but I still haven't seen any single casino that is offering the game. It's simply a dice game but If we play it in person or have an animation of the dice doing stumbles, It would be much fun!

A game which is popular in one specific country only has low chance to be implemented/added in crypto casino unless the base of the casino is in that specific country. A global casino will prefer to add popular games worldwide so it will attract players world wide. The same here in my country, there are some popular gambling games but I cant find it in crypto casinos. I would not expect those games to be available in crypto casinos but for sure it would be nice to see them in crypto casino.
Yeah I know, We could wish that a casino would see and take some of our recommendations here to add into their pool of games. I understand that it would be a waste of money and resources if a casino would adopt a game that wouldn't be popular with their current games this is why local gambling games would only be adopted by online casinos if they are targeting that country gambling market.

Though I think it would be an advantage on the casino if they only have this certain type of game that is currently famous even on a single country. All of the gamblers who want to play that game will only have a single choice which is you. Basically you have no competition in this type of game just like what bustabit did several years ago when they have no competition on crash game in the market. They did make the crash game famous and other casino copied it but still bustabit is still the go to of gamblers who want to play crash game.
2212  Bitcoin / Bitcoin Discussion / Re: I have started teaching Bitcoin to my Neighbors on: August 08, 2022, 09:59:08 PM
That's fine but I think the basics are on YouTube and in some books like The Bitcoin Standard, Mastering Bitcoin, if these books and resources are available in your local language it will be easy for them to learn if they have some time.

A tip is to get them to stop thinking of Bitcoin as a short-term investment or a quick way to get rich.
If people will only see bitcoin as a get-rich-quick scheme, they will never come to understand bitcoin the right way. You should consider explain it to your neighbors OP as i believe their mothers have influenced them to approach you because they think bitcoin can get them rich quickly. And explain to them that bitcoin is only good to be used as a payment system as long as its not prohibited in your country. Otherwise, they should only consider bitcoin today as more of a long term investment.
True! but one technique I am using in getting people attention is giving them example of people who got rich with the help of crypto. This can trigger their curiosity and be more interested in you giving them lessons about cryptocurrency. Of course telling them that it is not a quick way to get rich but as you see you can take advantage of it as a way of making your students be attentive to you. I've done it and it is always effective on my part. I taught the right persons and they understand that they can loss money from being ignorant and not knowing what bitcoin and cryptocurrency really is.
2213  Bitcoin / Bitcoin Discussion / Re: What can we do against Blockchain fraudsters? on: August 08, 2022, 09:06:48 PM
I do think that fraudster won't be stop, even not in crypto. They are always be there as long as they have a chance to take advantage. I believe that no system is safe, and due to cryptocurrency having new systems and technology from time to time. It is expected that someone is doing something to exploit it and do a personal gain from the victims. The only thing we can do is to protect ourselves and know how to properly manage our own security to be safe from these fraudsters. It is well known that centralized systems are always the one getting hacked but there are cases that decentralized system are being hacked and attacked too. Just be knowledgeable about the things you are doing especially if it's involved with money.
2214  Local / Altcoins (Pilipinas) / Re: Axie Infinity Philippine Thread on: August 08, 2022, 08:32:44 PM
https://www.youtube.com/watch?v=Kc5nVOacB7c
meron na pala mga community na gumagawa ng mga kanilang sariling games kagaya nito kinopya yung vampire survivors
Wow! Ngayon ko lang nakita to. Pinanood ko ang youtube video and it seems nasa alpha stage na sila at nagbibigay sila ng whitelist para malaro yung game sa alpha stage. Mukang interesting naman yung laro at entertaining nanan kaso parang mini game siya ng origin given na origin icons na yung skills mero yung muka ng axies is axie infinity padin. Sooner or later I'm expecting na mag kakaroon pa ng maraming gantong klaseng game sa sky mavis at pwede ito yung mag push para tumaas ang value ng SLP given na mag kakaroon ng burning mechanism in those games.
2215  Alternate cryptocurrencies / Altcoin Discussion / Re: Would you guys invest meme coins now? on: August 08, 2022, 07:18:11 PM
Someone promoting it because they already paid for it so it doesn't weird if some communities want to increase their popularity among new investors. I won't invest in meme coin if that coin is not good enough like their lack of community and only pump and dump happens there. I've tried to invest on BabyDog* last year and the result is not bad at all.
Some content from youtubers and some traders have been paid to increase promote meme coins so don't be surprised they always share posts and reviews of promote meme coins, be careful for meme coin hype because like babydog* and many other meme coins just scam, pump and dump games, and some scam projects that the team steals liquidity by selling all the tokens in other wallets.
I remember the days that meme coins are on trend and everyone is creating their own meme coins and everyone is doing their best just to beat or get a head into other meme coins. There are situations that meme coins who gathered enough tractions to the community are being copied and introduced on different blockchain and miraculously it attracts the eyes of the community. After a week of hype, There are a lot of meme coins going scam and being take advantage by pumping and dumping and I remember that influencers are the one being blamed at on those rugged meme coins. Surely influencers, content creators or anyone that has name and promotes such coins learned their lesson from their experience.

Scamming at that time by making meme coins where easy as hell.
2216  Economy / Trading Discussion / Re: Can Day Trading be profitable in Crypto ? on: August 08, 2022, 06:29:05 PM
I think day trading is generally  profitable when market is sideways or in bullish trend, no matter you are trading in stocks, crypto or commodities market. It vis very hard to generate any profit in bearish unless you are trading in future market which i think is extremes risky. Technical and Risk/Money  management skills are equally important to make consistent profit because these skills help you to make right entry and exit decisions.
Profit is possible during bear market even you are trading daily, It's hard because you need to play with lower time frames which is technically inefficient in trading. It's possible to profit on spot trading but it's more effective if we are going for futures trading on a bear market. That's true, Management skills are always needed if you are trading daily. It's the skill that can make you get a profit and opposite if you don't have or just trading blindly.
2217  Economy / Gambling discussion / Re: ⭐️Share Your Winnings Story. Why do people gamble?⭐️ on: August 08, 2022, 05:40:17 PM
I have a friend who has a remarkable winning situation. He do gamble for fun since I think he is financially stable and don't have any problem about money, I think he just seek the adrenaline of risking his money on playing gambling. Way back, I remembered that he won max profit on a crash game before, The amazing part here is he is streaming it with us and he go all in with all the funds he has on his account on that time and told us that he will aim for the max profit and won't stop bet. It was so crazy that night and he was successful on that gamble. I was so amazed with the braveness or rather craziness of that guy.

There are really people who are just after the thrill, excitement, and fun that gambling brings. I know some people who are like your friend as well. They bet for the sake of enjoyment and not really after the money. The money is just a bonus and only serves as reward, but their goal is not really to win prizes. It's really awesome when we witness a massive win. Because winning is their pride in playing the game.

But the grief is just the same level when losing. When they lose, especially if they expect to win, it's really depressing. But if the money is not really an issue, it'll just pass just like another bet that has slipped. I guess we just gotta do the way we are comfortable in. That way, we minimize regrets and we enjoy the opportunity.
Yah, It's amazing how his gambling session ends. He win big time on an amazing way, I can't deny as a watcher that I myself is experiencing some adrenaline rush after he told us the gambling plan he have. We are so hype that time that we can't move on for an hour just because of that crazy move he did, We keep laughing and imagine things if that gamble went wrong. I'm sure that if he losses that, He will not regret the money he lose but the chance to get the experience winning that kind of bet would bother him for sure.
2218  Local / Pilipinas / Re: Nag-aacumulate ka ba ng crypto ngayong bear season? on: August 07, 2022, 11:50:49 PM
Meron akong mga kakilala na holders na tumigil muna sa pag tingin sa market, Di ko sure if updated sila sa current market situation pero I think pinipigilan nila sarili nila sa pag ka disappoint dahil sa market situation. Alam nila na mangyayari ang ganitong market situation at mukang seryoso naman sila sa pagiging holder nila. I don't know if nag aaccumulate na sila ng murang coins pero halos lahat tayo na active till now is ganun yung plano, Kahit ako is nag aaccumulate na din ng mga binabantayan kong coins and mostly bitcoin. Sa panahon ngayon mas maiging mapunta sa risk investment like crypto ang pera kesa madagdagan ang liabilities lalo na at mahal ngayon lahat ng bilihin.

Dapat hindi niya tinitigilan ang pagtingin sa market.  Ngayon nga mas maganda magaccumulate dahil mababa ang presyo ng mga top cryptocurrencies.  Sigurado ako kung may funds yang kakilala mo tahimik lang na nagaacumulate yan.  Syempre for privacy purpose at sa safety na rin nila kaya hindi rin siguro sila nag-iingay sa mga nakapaligid sa kanila about sa current actions nila regarding sa accumulation ng cryptocurrency..
Yep ganun din yung insight ko sa market scenario natin ngayon, Mas maganda mag accumulate ngayon kasi nasa mababang presyo tayo at malayo sa ATH price. Yun nga ehhh, Feel ko nag aacumulate naman sila pero medyo naging tahimik lang kasi ang social media nila about cryptocurrency. Medyo naninibago lang kasi ako kasi sobrang bukambibig nila yung crypto nung euphoria phase at ngayon biglang tahimik sila ngayon. Holders naman yung mga yun, May chance din na umiiwas lang sila sa negative news about crypto ngayon dahil nga sa pag bagsak.
2219  Economy / Gambling discussion / Re: ⭐️Share Your Winnings Story. Why do people gamble?⭐️ on: August 07, 2022, 11:10:04 PM
I have a friend who has a remarkable winning situation. He do gamble for fun since I think he is financially stable and don't have any problem about money, I think he just seek the adrenaline of risking his money on playing gambling. Way back, I remembered that he won max profit on a crash game before, The amazing part here is he is streaming it with us and he go all in with all the funds he has on his account on that time and told us that he will aim for the max profit and won't stop bet. It was so crazy that night and he was successful on that gamble. I was so amazed with the braveness or rather craziness of that guy.
2220  Economy / Gambling discussion / Re: 🕹️ Esports 🎮 Prediction & Discussion Thread on: August 07, 2022, 10:25:00 PM
What are your thoughts with the standing on Valorant VCT Challengers NA? I don't see anyone discussing about latest valorant tournaments here.

I've seen so many upset with the Challengers NA including Sentinels which recently recruited Shroud as part of their team. I've seen many Sentinels supporters being hyped after Shroud being signed on Sentinels and now so many supporters have been disappointed with their current 0Win-5Lose standing on Stage 2 Challengers.
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