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2421  Economy / Speculation / Re: Will 2023 be another up year for Bitcoin? on: January 09, 2023, 12:03:58 PM
Based on your image I would say it would be up but it is not 100% guaranteed that they will be up this year (but I am hoping too). Just to manage my expectation and also not expect more I would say that this year would be better than last year also that pattern may break this year if we see again a downtrend (but please not) as we can't predict the market. Let's see by the end of the year, there are still a lot of months to get through. Why I expect most this year is that there is no big bad news so the price by the end of this year is strong
2422  Economy / Gambling / Re: Consider open live casino (street gambling games) on: January 09, 2023, 10:09:29 AM
   - There are many disadvantages when opening a live casino on a street or public place. First, they will see the minors, secondly, there is a lot of hanging out with young people that we don't know what is going on in their minds whether it is good or bad while the gamblers are gambling.

Then others drink on the side of the road or just alleys or corners, So for me, it doesn't seem like a good plan for this matter.

This is also what I've though it is sort of informal or illegal ? A lot of young people will be in that area hanging out drinking and having a smoke some sort of its their area and it ain't attract customers only those who know about them. Also, it is risky for me to go as I don't know the people there. Though we don't have same mindset but if we are just talking about street games it is really fun as we are doing it a lot when we are still young but how it was implemented was not good.
2423  Economy / Trading Discussion / Re: Trading With Borrowed Funds!!! on: January 09, 2023, 09:08:28 AM
It seems to me that this is a very big mistake. It is important to understand right away that trading is a risk. And if you did not have money for trading, how then to repay debts?

We all make mistakes, but at least you ask first before jumping to conclusions, like taking out a loan, and then try trading. Most newcomers have this mindset, believing that it is simple to earn a profit and repay their loans, but the harsh reality is that it is not. Many people I've known have said that they will lend me money and give it to me so that I can play with it in trading and profit from their money but it was a bad decision so I didn't take it.
2424  Economy / Gambling discussion / Re: How Are Players Going To Trust Casinos If They Don't Show Solid Evidence on: January 09, 2023, 07:58:13 AM
This is really a rare case that they don't show evidence unless this casino has already negative feedback before as they tend to do this, by just sending you a reason why you get banned and you request for proof they will not then provide you. Also, you should make sure that you didn't do anything that would break their ToS whether just as simple exploitation because there is some casino that won't provide proof since its time consuming to explain to the consumer that they already knew that they break the rules. But overall if this is really the case then we have nothing to do, just leave feedback on them so that other gamblers will be aware of your case as it can also destroy their reputation.
2425  Economy / Trading Discussion / Re: Scalping, my best trading strategy on: January 09, 2023, 06:26:15 AM
Every traders should have his own trading techniques in which he/she make profit the most. Stick to this technique as long as it's profitable to you.
Backtesting and demo trading are two things I value highly.
Scalping is the trading method that takes the longest to fully perfect, but once you do, you'll find that it is also the most profitable and allows you to trade for the shortest amount of time—at most, 2-3 hours per day.
Numerous successful traders employ a variety of trading techniques. Another trader might not observe what one does, but they might both make money in the same market on the same day.

Every trader has their own preferences; some will say trading is very profitable and easy to profit from as long as you know how; on the other hand, it is very stressful and you have to look at the small time frame on it; I also don't use this strategy since I can't see the big picture clearly. I am just amazed at those scalpers because they are earning a small profit per trade, but in the long run they can accumulate it. Also, scalping is not working for me since I do have a job, so I can't look at the chart every now and then.
2426  Bitcoin / Bitcoin Discussion / Re: I sell motorbikes to buy bitcoins on: January 09, 2023, 05:25:18 AM
The decision you have made is very reasonable to me. Since you have two motorbikes in your house, it is better to sell one motorbike. Since you don't need two motorbikes. If you can buy and hold Bitcoin right now by selling then you can definitely profit. Nowadays everything is getting updated in the updated world. New models of cars are coming in the market. So if your motorbike is lying at home then it will definitely become useless at some point and cannot be sold. So by selling you buy bitcoins directly and keep long term investment. You can see the profits very soon.

moreover, the OP sees an opportunity in the current bear market. sell 1 motorbike that is not so used, that's pretty good. moreover, the vehicle has a tax that must be paid for each year.
buying him bitcoins now will help him earn them cheaply. although selling motorbikes won't generate enough money to buy more Bitcoins. gradually, I guess OP should also buy a few more Bitcoins with the leftover money.

We don't know what kind of motorcycle he has; if it's a big bike, half or one bitcoin can be easily purchased; if it's a lower CC, only a small can be purchased; but it's a good start for him using the money he could get from selling his motorcycle, and if he has extra money, he can add that up as well. But keep in mind the risk of owning bitcoin because the price drops at times, so he should control his emotions and also have security on it as hackers are becoming more intelligent in hacking wallets right now.
2427  Economy / Economics / Re: What is your biggest obstacle to achieving financial freedom ? on: January 09, 2023, 04:25:20 AM
A lot. Especially with the job, it's very hard to get a job nowadays when u only have little skill.

What do you expect? Will they leave people with great skills to employ some one with little skills. Whatever skills one is learning, one should try and learn fully. With your great skills, employer will be the one running after you.

I’m todays world, skills is a must have for todays job seeker as skills would obviously boost his application for any job. While skills are important, having a great educational experience and qualifications is also necessary in order to get a good job.
I think an employer could also hire an applicant with various educational qualifications and degrees and then spend some good money to train and equip the applicant with the skills necessary for the job. So while we strive to get skilled in whatever we do, it’s always great to have a college degree attached.
When you do have a degree then it is already that an disadvantage compared into those who have none but we know that it isnt really an assurance for you to have a successful life.If we do tend to look around

on which there are no degree holders do able to achieve or attain more or something than into those who had finished up college.Of course this isnt that right for those people to make it as an inspiration.
Its better to have a degree since you could really be having an option whether you do have your own day job and would find out for some side income with your other skills.
It would be depending on how someone would be using up their time efficiently and effectively.
After Covid - I realized one thing - its skill which sells.
Many high degree profile holder suffered so much but the skilled people survived and they did it well

As you are working remotely and finding clients from your home. Ive saw a lot of degree holders that are shifting their careers into working remotely because of the pandemic , they learned a new skill and find that niche so that they can find work. Right now it is difficult to find physical work as most of the business just starting so that is why people are trying their luck online. I ain't a degree holder also and at early age I started to find work and before pandemic I started to pursue my career and improve my skills which shifted me to work remotely. No matter you have a degree or not you should be versatile in shifting career since it might help you in the future
2428  Economy / Trading Discussion / Re: You Learn More from Losses than from Wins on: January 09, 2023, 03:24:18 AM
I think we all need to ask these questions:

1 - how many people are making money consistently with day trading? and then we need to see if someone is really making money with day trading so how much capital they have, what is the profit per day, week and month and how much money they invested and how much money they have already lost and gained since they started day trading

2 - then we need to ask ourselves why most people who were day trading today are creating youtube channels and are writing books, are creating telegram channels on youtube and charging for subscriptions, because these people need to do this themselves they with a good capital like 40,000$ and doing day trade supposedly could make profits of 400$ per day as a minimum?

I came to the conclusion that nobody is profiting with day trade, if the person does a long-term hold for something like 2 or 5 years then he will profit a lot but with day trade the person will not profit anything, he will lose money and a lot of time and he will not make a profit, you will only have loss and disappointment

First of all, you are just basing yourself on the people that you can find on the internet, like those making blogs and videos. You're not scouring forums and social media for people who aren't claiming themselves, lol. Those creators aren't making money, or if they are, they want to make money in other ways. No matter what, I still don't believe those who claim on the internet that they are good and have made a lot of money trading. I don't know how you describe successful, but my friends are doing day trading, and yes, they are profiting, but they don't flaunt it everywhere; they only tell us when we are having talks. Losses are a part of trading, and no one is perfect who has never lost.
2429  Bitcoin / Bitcoin Discussion / Re: Argentina's Leading Presidential Candidate Preaches Bitcoin on: January 09, 2023, 02:24:22 AM
I thought before reading the article that it was just some propaganda that he was using to attract voters to him, but he is leading in the polls, so we can't really know if he wins. But based on what he said, I could think that it would be possible for Argentina to legalize bitcoin as a payment method and use it in their daily transactions, just like El Salvador. I am not thinking of the bull run, but for sure this would affect the price of bitcoin, and I am glad that there are now a few countries sort of legalizing bitcoin.
2430  Economy / Economics / Re: Save your environmental economic cycle on: January 08, 2023, 02:10:14 PM
Is it cheap to buy items online? It is opposite in our country; buying in our local shops or neighborhood is way cheaper unless you haven't seen that item you need, then that is the time you will buy it online. But in terms of food and other needs, people here tend to buy their needs locally, like those people who sell on the sidewalk (they are cheaper than in those shops). Those majority of people who buy online is because they do not want to leave in their houses due COVID but now businesses, including shops, are beginning to gain profits and customers, unlike when the pandemic hits.
2431  Economy / Gambling discussion / Re: A superstitious strategy? on: January 08, 2023, 12:57:45 PM
You can't call it a strategy if it doesn't work later in the day or the next day. We can't predict our luck; it just happens to us at random, like when you win one day but lose the next. Some people do not believe in luck, but most gamblers do because it occurs only once in a blue moon. Though luck is not a strategy, we can't call it a strategy; it is just our superstition. That is why some are getting some lucky charms to attract luck and be added to their strategy to win.
2432  Economy / Trading Discussion / Re: Trading as a newbie? on: January 08, 2023, 11:45:39 AM
Recently I have been trying to come up with ways of making some money on the side and thinking of giving trading a go.

I have zero experience and have just been looking on Coinbase at the best and worst performers of the day.

I am thinking of buying coins that are 15% or more down and then selling once they pump 10% and move onto the next one that is 15% down and then again sell at 10% profit and just keep repeating.

Anyone done something similar or will it just lead me to losing my money?
There are many strategies for trading. The trading platform is risky if you do not know this strategy of trading. You said you are a newbie so you better not think about live trading. Trading platform is not so easy that you can earn money from here very easily. People are losing a lot of money from here for a small mistake. So there are many strategies to learn about trading for those who are new I think using all these strategies then they should come to the trading platform.

Using all kinds of strategies creates more confusion; it is not like in gambling, where you can use them all. In trading if someone teaches you their strategy but if it isn't working for you, you need to find another strategy or create your own. Most traders create their own strategies as most of the ones they've copied are not working for their trading style, which is why they end up creating their own or customizing other strategies and also in trading your strategy is needs to be simple just couple of confirmation before you can trigger your trade.
2433  Economy / Trading Discussion / Re: What you really think about trading bots? on: January 08, 2023, 10:12:28 AM
What do you think about trading bots in general?
I have never tried it. Once I attempted to set it up on Binance but changed my mind.
They say I should just keep up to date with the happenings, then do some settings and I could go on vacation knowing that the bots will make me money. Hell no. Maybe I am not too comfortable yet with letting a bit make trading decisions for me. I am yet to be convinced that they can make as much money as human traders can.
But to think of it, do they make losses too?
And you are right on your reasoning, it is common for some traders to see bots as the solution to their problems and that they only need to activate one and watch their account get richer by the day.

But things are never that simple, you need to make sure the strategy you have implemented is correct and there are no bugs, and even then you still need to supervise that the bot does not make some sort of mistake, as it could be the case of the bot not closing an open position and then lose money that it was not supposed to lose, and in that respect your misgivings about bots are not misplaced.

Bots can make us feel more at ease and save us time checking and monitoring the chart; however, the question is whether they are profitable. You are also correct in that you must monitor it because there will be time that bot will make mistakes. I usually write scripts for my daily tasks at work because I find them repetitive and boring, and I code them myself, but when it comes to trading, this is not a good solution because I need flexibility, which is why I don't use or rely on bots. It is better to trade manually as you can learn more every day in the market.
2434  Economy / Trading Discussion / Re: You Learn More from Losses than from Wins on: January 08, 2023, 08:10:34 AM
It was a loss. It's because I didn't stick to my strategy; I skipped one step, and I also expected the price to recover at that point, but instead, I'm losing more. If you win in a trade, it means that you predicted it in your analysis, and you have nothing to learn from it since you already know that the price was going that way at that time. But if you lose, you will check your strategy and analysis and find a reason as to why you lost, and that is the time you will learn something. It applies to all aspects of your life, which we will improve more.
2435  Economy / Gambling discussion / Re: Have you experienced this kind of gambling on: January 08, 2023, 07:10:58 AM
Have heard of people waking up to go play draws on numbers they probably saw in their dreams while they were sleeping, and another where certain persons also place their belief on getting draws from mad persons on the streets (a situation where they buy food for the said mad man who in turn writes down numbers that would play draw on pool that very weekend), of which in most cases these numbers tend to play.
 But in my whole time as a gambler and even amongst my gambling friends I have never heard of gambling based on jerseys number sign due to how repeatedly they flash on TV. It's quite weird though but I understand that gamblers can pull out every strategy possible just to get winnings anyway!  No matter the strategy anyone uses, what really matters is winning's.

Pretty common in communities and countries suffering from poverty, or low quality of education. In the Philippines alone it is considered lucky to bet on the dates of your close relatives/children and spouse if there's any on the country's major lottery. They thought these numbers have a bigger significance than just being plain dates where their children were born, thid leads them to bet and bet until they finally win or they die, with the latter being the obvious case. It's a curse of having a pattern-loving brain like humans. Back then it allowed us to be safe in the wild, now these heuristics and biases hold us down by forcing us to cling upon correlation without causalities.

I believe a lot have such kind of belief connecting to certain events just like what you said, maybe birthdays of close family members.
It is sometimes the way of thinking that somehow affect their decision of betting on it, the belief that there's significance or connection on them.
However, if we will look at it logically, there's no such thing as connection but rather a coincidence if someone got lucky to hit those numbers.
Just like the jersey numbers, it is because the mind of some wanted to believe something for what is really not. They want to cling on such belief.
You're right. There are people who are using a numbers connected from events of their lives to bet and usually it's for lottery thus this not new to me. But as you've said it's just a coincidence and it has no connection to the actual winning numbers. If you win using these numbers then good, but keep in mind that this strategy is not guaranteed and still depends on your luck if you're destined to win.

My parents were also doing this if they saw numbers that they kepts seeing everywhere , it is some sort of a sign that you need to bet on this on lottery , even if they are just watching movies if they saw numbers they will bet on it as they want to try if it is working. I just remember before that my mother saw a number from the news after the elections she bet on that in lottery and the result is that she won! Though again it is just coincidence or luck those number but there is nothing wrong if we try it.
2436  Bitcoin / Bitcoin Discussion / Re: What is it with Africa and Bitcoin on: January 08, 2023, 06:00:23 AM
People in Nigeria are active internet users and they spread the word fast as they share where they could earn. Bitcoin must be among their discussion every day.

In Nigeria, Paypal was banned, so it was very difficult to send money online. That is why they discovered crypto. My workmate is from Nigeria, and his first salary was bitcoin since they don't have Paypal there, and we almost tried Western Union that time, but it was sort of time consuming, so that is why I told him to tell our boss to pay via bitcoin, which he just created a wallet for online and received. But the second  salary was that he opened a bank account as required by our boss, who wants to use Paypal for his salary.
2437  Economy / Economics / Re: The Taste of an Economic Downturn on: January 08, 2023, 05:00:15 AM
You are from Philippines? The price of onions is unreasonable, and they take advantage of the holiday season. Though some experts believe it is due to a lack of supply and rising demand, others believe it is due to a large number of storage facilities hoarding it, which is causing a lack of supplies. However, as the farmer stated, the price is rising because it is not onion season and also because of the recent typhoon that hit them, but not to $55 per kilo. Retailers and suppliers are really controlling the price, as the farmer only increases a small amount.
2438  Economy / Trading Discussion / Re: Long term Crypto winning strategies on: January 08, 2023, 03:54:22 AM
The only reasonable investment is bitcoin, more so in the dips. But there is no logical reason to invest in altcoins and bag hold them for long term since they have no real potential. When all the altcoins get is pump and dumps, it is best to treat them as short term risky trades rather than long term investment you should buy and bag hold.
You are right, and second investment doesn't have a break, you can as well invest in any time you feel like investing, because i have noticed that Bitcoin investment it's something people do watch over and over before investing in Bitcoin, because of the bearish market, and another about it, is that altcoins is not a what you can invest on, because they is every tendency that your investment with altcoins can die on the way.

It could not have been said better, I have always thought that the best investment in the world is bitcoin, however I know that with altcoins many win, and I do not blame them for anything, but only when I review what happened this year, the token FTT, LUNA, it is something that does not make anyone doubt, nobody is going to invest money where they can lose everything, it is not the same to lose than to win with large amounts of money, personally for me the only salvation will always be to have Bitcoin , and obviously if they want to diversify it is something that does not hurt, but I think that the best thing for the future is bitcoin, and at this moment the most important thing is that the price is relatively low to buy.



Most others want to take altcoin because Bitcoin is a relatively slow-moving market (even if it is fast) and you can be a millionaire in just one night. This is mostly what I noticed in those investors in altcoin, I would probably say it's true but again only a few are successful on it and others altcoins are dying same with their investment, they won't make a fast and easy profit it is some sort of greed. Bitcoin is really safest compared to altcoin but it needs your time and patience so if you can give it to bitcoin for sure after a few years you'll gain profit from it.
2439  Economy / Gambling / Re: What else should an established crypto casino add? on: January 08, 2023, 02:53:18 AM
.

It is true that if anyone starts a new casino business without having a large budget for the development of his casino, it will be very difficult to be successful. because the tough competition between casinos and others is very tough and if they can't survive, they will go bankrupt and close their casino business.
It can even be clarified here that even thinking about starting to promote and conduct advertising campaigns for a completely new casino on the market without a huge budget is simply not worth thinking about right now.  It's just unthinkable.  I think that those who take it into their heads to enter this market in a serious way are all just a rebranding of existing casinos that already had a huge experience in this market, which is very saturated with gambling services sellers.  So it is extremely problematic for a new casino, even with a large budget, to occupy even a percentage of this market.  And by the way, from the new casinos, I don’t even remember who has taken some serious market share lately. 
Like there aren't any???
I do not remember any new casino gaining a lot of success lately, however the circumstances we are facing right now are not very conductive for a new casino to get a lot of success, it is likely that once things improve and we get nearer to the bull market we could see more new casinos and more people willing to give them a chance, still with how powerful the current casinos are it is difficult to see any casino gaining a large market share, but with so much money over the table we can be sure there are many people that will make their best effort to accomplish this goal.
as I said in the first reply, if a new gambling casino has big funds for developing its business through promotions and bonuses that are given to new customers when registering there, it is likely to be successful. because with large funds, it is very easy to make the gambling business big by providing promotional bonuses that are bigger than gambling platforms that have existed for a long time.
So, it all depends on the capital used to develop the gambling business. if the capital is large, it is likely that this bearish situation will not have much effect on the success of the new gambling business.

Though there risk and stakes are high in having a huge capital and trying to like out performed those current casinos. As I've noticed now that most gamblers settle now on their casino which they already established trust and also they don't want to try a new casinos. Though if we say there is a new casino that is going out they have huge capital on the business and on the promotion I would say new gamblers would really try it out and also those old gambling wont shift to that new casino but for sure they will try, the new casino still needs to establish trust between their customers and money cant buy it.
2440  Bitcoin / Bitcoin Discussion / Re: Would you change your name to bitcoin for 2000BTC? on: January 08, 2023, 01:53:35 AM
The price of bitcoin 12 years ago was very low, so I would say no because most of us will decline as someone offers this but there is no value at all, it's like changing your name to old fiat, then I'll give you a million old fiat, which means you can't use it but in the long run it could go to collector items, same with bitcoin as the years pass, the value of bitcoin increasing. But if someone asks you to change your name right now with the current price, a lot of us will surely say yes.
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