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2521  Economy / Speculation / Re: Will Bitcoin collapse or mature? on: January 16, 2022, 09:52:04 AM
It's wiser to avoid some speculation the year is still too young. We all expect a massive turn up for Bitcoin this year but having such a high hope could be too risky if that would be a criteria for investment. It's too obvious Bitcoin will definitely get matured again but using it as a speculation to invest could be detrimental seeing how high price has gone in the last year

Well we can give our own speculation, but don't expect too much so that we will not be disappointed in the end. Just like last year when everyone is talking about a $100,000 price at the end of 2021 which didn't happen.

So this year, let's say we have our own conservative estimates, but not too high that it will not be hit because of the current market conditions.
Bitcoin will become mature soon, but I'd never think it collapses, that is probably its destiny. Once we hit the peak of its adoption, that will be the time we called it matured enough. However, people will still give value to Bitcoin as it was important to our life, it can be obvious, and we still consider this as a money generator than being a currency.
In fact, as we can see in the market situation, it is on the way to growing and gaining more resistance. The more we got this thing, the more we get confidence that this will have a fortune but as you've said, never expect much. Yeah, eventually right.
2522  Bitcoin / Bitcoin Discussion / Re: Bitcoin may not experience blood bath on: January 15, 2022, 10:35:18 PM
It will be good news to the crypto user if that is really happening, as we can see another bullish trend. However, the bear trend will always continue behind the bull trend. Many people who hold bitcoin or do not have many bitcoins will try to buy bitcoin before it is too late to accumulate it. But as we do not know what will be the next thing that will happen to the market, we can only prepare. Hopefully, that blood bath will not happen this year and bitcoin have another good time to rise higher.
well, that really sounds good but to say there is no bloodbath happening this year, I guess you will still prepare for it. We can't assure everything that went so smoothly. Remember that the market is volatile, price fluctuations arise quite often, and that for sure blood bath is still possible to strike any time. That is why we were not confident of what see now, it can be just a trick and might be the reason for our losses. It is much better to be aware of the situation and leaves no confidence than rather be prepared.
2523  Economy / Gambling discussion / Re: [Boxing] Gary Russell vs Mark Magsayo WBC Featherweight Title on: January 15, 2022, 08:27:58 PM
I do believe that Magsayo does have more percentage to win this fight compare to Russell, even though I didn't know yet the betting odds on this fight but many bettors are in favor of Magsayo. This Filipino fighter is truly strong and hungry for a win and as a bettor, we can say that this man is good to support or to place a bet on. I am very sure that Magsayo will gonna win this fight and hopefully, a technical KO win is what his fans are looking forward to him.

Actually, odds are already out and we could say that Russell is favored to win in the this fight because he was placed the favorite to win this match. Magsayo, being a Filipino leads in the poll because many Filipino users in this forum voted for him to win but it doesn't translate to the actual fight next week.

But you are right, Magsayo is very hungry for that belt and that what's motivate him to win the championship. He has that one punch that can turn the fight around if he can land flush on the opponent's chain.

Also expect more betting options three to two days before the fight.



It's good to see that the odds are out early, this gives bettors a chance to beat early and take the very tempting odds of Magsayo. Since I can use my "PRICE BOOST", I can get as much as 4.03, that's a nice extra for more.



2524  Economy / Gambling discussion / Re: [Boxing]: Casimero vs Butler ordered by WBO on: January 15, 2022, 08:10:01 PM
It's been cleared already, the fact that the WBO did not strip his title, that clearly tells that his excuse is valid to postpone the fight and give him another opportunity to defend his title. So sad that some people are still speculating despite the fact that the issue are alraedy cleared.
Yeah, we should stop speculating as this fight will happen, it's not canceled but only postponed.

Casimero is still the favorite and I think he will still win this fight and the bookies won't be wrong of making him the high favorite to win the fight.
It's the first time I saw some people's reaction about doubting Casimero, but I'm sure he will prove that he deserved to be a champion and to have a chance to challenge Inoue in a unification fight.
Its good that the decision of WBO is in favor to Casimero, its time for recovery process so he can go back to the ring and defend his title. He still the favorite because he’s a good one but if he fails to have fight Butler again, it can really affect his reputation. A champion never quit, Casimero should come back stronger and be more healthy.
He understands that this kind of opportunity does not happen twice in a row, it's either he will make it to the fight or wait for the WBO to finally strip him of the belt. Butler should not be a threat to him, but it's a mandatory fight for him so he has to take care of it before aiming for a bigger business with a probable unification fight.
2525  Economy / Trading Discussion / Re: Spot and future trade on: January 15, 2022, 02:06:39 PM
Is this possible?

I have $100, I want to keep it temporary on an exchange in bitcoin and I want to trade future trading. Assuming I send the bitcoin to my future wallet on the exchange and I go 1x short position.

I guess because my bitcoin in spot value in dollar will increase if the market is going higher but I am losing the value in future trading because I go short, the value in dollar will remain the same?

Also if the market price of bitcoin decrease, I will be losing value in dollar in spot but the future favours me. This also means the value will be the same?

I am looking for a way I can put money in this way on unstable coin in a way the price will remain almost stable with only little difference. Is this possible?
But what I think is that you need to know more about spot and futures trading before depositing your money. I'm not going to stop your plan but it was very important that you must know how trading works. Before trying future trading, I think you need to become an expert to spot trading as it was too risky. Honestly, this seems so hard to work for a newbie (maybe you).
You'd better not hurry. Like being too attracted to earning more profit that is usually the reason for our failure, and  I don't want it to happen to you.
2526  Alternate cryptocurrencies / Altcoin Discussion / Re: On the right path? on: January 14, 2022, 09:34:20 PM
How safe is meme coins for new crypto users like myself? I heard one can make better money from meme coins than other popular altcoins on coinmarketcap what
if you are looking for the right path for investment,  not these meme coins. For you to know why? Because these meme coins won't give you that real profit. Some people had made make huge profits as they were able to ride the hype but if you are in a situation that never knows how crypto works, you are simply making a way to lose your money.
What you have heard is right, but never think that it comes always. Meme coins are just known as joke coins, that can obvious how it runs.

Quote
and what do I need to do anyways?
You better explore the market. I won't say you will ignore meme coins but try to focus on looking for the potential coins that will give you more assurance.
2527  Alternate cryptocurrencies / Altcoin Discussion / Re: Know when to buy and hold on: January 14, 2022, 09:09:14 PM
HODL is considered a strategy that tends to avoid short-term price fluctuations.
Beginner traders either lose money or make less profit than when they hold their coins.
when you can't buy at the current price and are still stuck at a relatively higher price then there's no harm in doing hodling because indeed this is one of the necessities when the coin being held is a coin that has potential there.
on the other hand it is also very good to practice our patience, especially for beginners who incidentally are still passionate about trading Cheesy
Hodling for long term may even bring out the best profits as long as we are into hodling established and coins with high utility and use cases. But of course, it won't be profitable enough if we are not that patient and has positive mindset. So there's nothing wrong if we only chose to hodl rather than sell it in a price that won't satisfy us. I believe we have the right to do what will be the best for us and for our assets, and its our coins so we should be more capable how to make them profitable.
Yeah, patience is always the key to success but somehow, people had made it difficult and can't control themselves which makes them decide to sell especially when they saw market declines. Emotion is the biggest enemy when it comes to holding, the majority got in trouble with this and it cause major losses for them.
If we can manage to handle/change this, everything will be alright, I think. Yes, it was very challenging but if we are committed to changing our mindset and keeping into positive, that would be easy.
2528  Economy / Gambling discussion / Re: [Boxing] Errol Spence Jr vs. Yordenis Ugas 3-Belt Welterweight Unification Match on: January 14, 2022, 12:36:25 PM
This fight, I believe that Spence has the edge, so I like to take the KO as Ugas style in boxing is very predictable, Spence can find a way to hurt him.

I hope this would not be the same as the fight of Ugas vs Pacman where everyone bet on Pacman. Again, this is the biggest fight of Ugas, and Spence will have a comeback fight after an eye surgery, so a lot of things to consider here but at the end of the day, we still choose to bet on the favorite which is Spence.
2529  Economy / Gambling discussion / Re: 2022 NBA Season on: January 14, 2022, 11:43:26 AM
I really don't understand the Lakers...  Dwight Howard has been playing literally at an MVP level this season when he's on the floor, and while he is barely getting any minutes, his impact is obvious.  There must be something going on behind the scenes because I believe Dwight being let go last year is why they didn't make the Finals and now they're talking about trading him!  Absolutely insane.  There has to be stuff going on we aren't seeing.  I know Dwight has been "sus" for quite a while in the league due to various questionable antics, but as a basketball fan I want to see him out there...

https://hoopshype.com/2022/01/13/lakers-assessing-trade-value-of-dwight-howard-deandre-jordan-and-kent-bazemore/
Whoever made this decision do have a brain problem or he is blind.  Cheesy They are always looking at stats and not the impact of each player. The rim is protected well because of Dwight Howard and it gives chills to whoever tries to attack the rim. I don't have any idea if this is a locker room problem or it is just the management who is foolish enough to even trade him.
Frank Vogel is known for his defensive mastery and Dwight is the one that reflects that. I think they are trying to be an offensive team now which I doubt will get a championship. They should remember its not the offense that made them win a championship, it's how Dwight played being bully in the paint.
I am one of the guys that got irritated by what he did during the game but I realized how much of an impact it was after they won.
He is very effective in the paint, the old Lakers who won the championship seasons back are better than the Curry. Howard is definitely a big help to that achievement and the reason they get him back is they want to get his contribution again, but if the coach will not maximize his minutes, then that's really a wrong decision and we see the result of that.
2530  Economy / Gambling discussion / Re: [Boxing]: Estrada vs Gonzalez Trilogy - March 5 on: January 13, 2022, 09:51:51 PM
It is a pity when great fights have to go to a decision and in this case the decision of the previous fight was very controversial. Gonzalez defeated Estrada by a unanimous decision in their previous bout.  Roll Eyes

It was not a unanimous decision, according to the site https://boxrec.com/en/proboxer/467843, it was a split decision by Estrada but it was not controversial for me as I believe that Estrada was the better fighter at that time.
2531  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: January 13, 2022, 09:23:33 PM
In the Philippines, the minimum wage was not even Php 1k per day in 8 hours of work.  Grin
Yes, that's true, and I think that is one of the reasons why some Filipinos choose to work/play in other countries. Like some PBA players who want to play in other country. some of them aiming a high-profit salary and some of them, They play cause they want to prove that PBA  Filipino players can fight and win even though they are small players.

Indeed, but these cases are rare because most of the players in the Philippines wants to join the PBA as it's the highest basketball league locally. And for others, well, we can't really blame them for pursuing their basketball dreams overseas as they can get paid more while showcasing their talents outside.

If the PBA wants to grow, they can increase the number of teams so more players with potential will have a chance to play. Some players in the B-League did not play in the PBA before they get to that league, some names are Thirdy Ravena, Kobe Paras and Dwight Ramos. So B-Leauge does not only focus their selection from the PBA, but in the entire basketball league in the Philippines.

That's easy to say but the way I see it, it's not gonna happen as it's been controlled by the big team owners. I guess restricting the team owners to own only one team is the right thing to do, if not, then they can still manipulate the league, the strong teams gets stronger while the weak gets weaker.
2532  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do you know any meme coin that could be shiba or doge? on: January 13, 2022, 03:09:06 PM
I'm confused by what you mean. You say that meme coins are useless and have no future. Then you say that there is a meme coin that gives benefits to those who have bought it at a cheap price in large quantities like Dogecoin.
In my opinion it is clear that meme coins are not the right choice for investment. Invest should be in clear coins according to the target time.

The popularity of meme coins shows the power of decentralization.
If enough people appreciate and like it then the meme has value.
The coins that were originally created just for fun can be very valuable.
But I agree with you, investing in meme coins is not the right choice, the meme coin is just for fun
if anyone thinks that investing in meme coins can provide a good guarantee in the future, then it is worth asking the rationale. coin memes are clearly released just for fun like Shiba Inu (SHIB Token) and that doesn't mean all coin memes are junk coins.
it has never been intended for long-term investment as it was only good for the hypes. And once it was over, we got lucky of someone will shill and put back its life again just like how EM did to Doge. Though we could think that they will still exist but we can't expect to show a market rally again. It seems to be hopeless after all and instead of looking into them, we'd rather spend time searching potential coins, not memes. It remains doubtful until these meme coins will be able to show something that could change the insights of the investors and could somewhat give some interest.
2533  Economy / Trading Discussion / Re: Keep calm and buy the dip! Told yah. on: January 13, 2022, 02:07:05 PM
Quote
This H&S pattern will be rejected once BTC price break the 40K level which is very low to occur since MACD is already bullish on the following week. Keep calm and hodl!

Yes,there was a serious panic during Christmas and new year period were bitcoin price was still between $41k to  $45k that was not helping investors to make a good profit from their investment. It is now many investors know that this year 2022 will be more better than last year base on the way bitcoin price is preparing to increase higher. Many that understand this season, they prefer to hold that to sell in a low Profit making in the exchange market. Any moment from this January there are a lot of benefits for bitcoin investors to achieve to forget all they have loss last year 2021 .
I don't think that people are in panic but they're preparing for the celebration that brings them to decide to sell some of their cryptos. That actually a normal thing to see during Christmas but, we never wait so long as the recovery comes already. We are heading back to bullish, it was a winning side for those who invest during the dip and they are now in profit already. And we are expecting more for this 1st quarter, maybe, we are able to reach $50k faster than I think.
2534  Economy / Trading Discussion / Re: When Greed Comes First in Trading, the Result is Bankruptcy on: January 12, 2022, 11:09:38 PM
Many people who enter the world of crypto trading start with their greed because they see people who have had great success through crypto trading.
greed makes them rush to jump in and start trading without exploring it first. and they lose because of their greed.

Are you one of those who have experienced it?

me: yes

early in my career I went bankrupt because of greed. But in the end it taught me a lesson to be able to control myself from greed and to prioritize common sense.

thanks for reading.
please input criticism or suggestions.
This is nothing really new, a great deal of the people only work at their jobs because of the money they get and not because they are actually interested in what they are doing, unfortunately this leads to a very low performance and those people never really advance much on their careers, however if you are someone that actually likes what you are doing then eventually the money will follow as you will be willing to dedicate way more time than the average person and this will bring an improved performance, from which making more money is inevitable, and something very similar happens in this market to traders and investors.
I'm not going to believe it was because we are greedy that it cause the bankruptcy but it was because we are too lazy and the reason for not performing so well. if we saw a person who is performing great, delivering an extraordinary service it is just because he is happy with his jib and he loves doing it as normal for them which is very unlikely when we just do this for the sake of money. Well, that is very common and of course, we can't expect such a great output but probably failure.
2535  Bitcoin / Bitcoin Discussion / Re: Pay with Bitcoin on: January 12, 2022, 10:41:51 PM
Pay with bitcoin is new discovery of payment. Many of big companies's like a Tesla, Microsoft and many of others accept bitcoin as a payment asset. If you wanna buy any product from these companies's you can use bitcoin as a payment.
Good option isnt it? This would give out convenience specially to those crypto users but since people do know its possible value in the future then most of the time they would really see that it isnt really worth for it to be spent if you could possibly make use of that typical fiat that you do have.They do know the potential on earning more even though some people mind off about circulation but
still people would go after for future profits.

I have experienced on using it up when buying up some steam wallet codes back in the past which i could say its convenient but it is really just a waste
of coins if you do simply spent it out on things which it is more better for it to be saved up.
Maybe we could think that it was just we are spending fiat money buying useless stuff. It is sooner or later, the use of Bitcoin and some altcoins will be widely accepted by the small and big establishments and give the convenience of the people around. We usually think that Bitcoin is purely an investment that sometimes it holds us not to use it.
Well, I've never expected that many people will consider this as a currency and to have the service offer is a big challenge and most likely crypto holders don't want to use it as probably the majority will save or convert it to fiat.
2536  Bitcoin / Bitcoin Discussion / Re: It's never too late to start on: January 11, 2022, 11:06:33 PM
I liked the headline but upon reading about this simply being about trading and making money I’m a bit less thrilled with the context. The headline is true, is never to late to do anything especially when we are discussing finances and bettering yourself and your financial positioning..but..trading is not for very many and it comes with very high risk..be careful !
Trading might sound good but its not when you are on the actual situation and before you do able to achieve success then this would talks extreme factors for you to survive out  this unpredictable market.

Yeah, its never too late to start on putting up yourself into this venture but be wise and be sure on what you are dealing with.Dont let those mindset and emotions of greed will really control you out.

In investment here on crypto space which being greedy is never been recommendable even though trading is hard but doesnt mean its impossible to learn and make money from it.
Yeah, it depends on how we adapt to the situation where we can't guarantee any assurance that we can make a profit, especially in trading. We can't deny that many people were underestimated trading and thought it was soo easy but they are wrong, it was too different when doing the actual.
Thus, if they want to grow and succeed in trading, they'll be working hard and starting it now. It is a long way to learn before we reach our goal and to start earlier the better as surely it comes to positive results in the future.
2537  Economy / Gambling discussion / Re: NBA 2020-2021 betting on: January 10, 2022, 09:09:30 PM
While the Mavericks VS Bulls at the last moment Luka Doncic is playing I say to myself it will be a hard game for the Chicago Bulls and the combined efforts of DeMar DeRozan and Zach LaVine is not enough to Luka Doncic, Maxi Kleber, and Josh Green's combination, it was a great game and losing my bet was still OK,
And the Mavs won by a big margin of 14 points against the Bulls. DeRozan disappointed me in this game. He could've played far better than scoring only 20 points in the minutes he was given. Though he's aging and that's a factor as well. sorry for your loss.


He has a bad game but he is still one of the favorites to win an MVP award. Sometimes they are also getting tired and they lose games, but since they are a good team, for sure they'll start winning games again and that win streak will be repeat.

True! not every day a player can produce good game. There's also time that they have off-night, moving forward.

a loss is a loss, and they will come up with new plans and strategy to start winning again.

They've got great selections and the chemistries among players is really doing well, it's just another bad day

to move on and start winning again.

There are lots of games again tomorrow. Assess and recover those losses with Bulls game.. Good luck !

Bulls will have a rest and their next game is not that hard since it's only against the Pistons and they are back at home. About the games today, most are high spread games but I think I found an interesting game and that is the Bucks vs Hornets, I smell a revenge here, so I'm going to bet on the road team -2.
2538  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: January 10, 2022, 08:48:35 PM
Great news for SMB, now they have another option. JMF, Tautua, and Brondial, I guess they are not a joke, they'll dominate inside and they also have a lot of outside shooters, it's really a great pick up by SMB and a great choice for Brondial. I guess this is his 3rd team already in his PBA career.
Really great news and don't forget about Vic Manuel. He's also part of SMB now. And speaking of spin.ph on the quote, I've seen an article from them about how much the lowest salary of a PBA player gets. (https://www.spin.ph/basketball/pba/how-much-salary-do-the-lowest-paid-pba-players-make-ain-t-bad-at-all-a793-20190312)
The lowest gets paid for P70,000 which is still not bad in our country and it's still a great amount to be considered of having not that much playing.

That PHP70k for one month is good enough if you can live a simple life, but knowing PBA players, they think they are superstars and they have rich friends so their lifestyle might also change. Also, when you play you are prone to get injured, so a player has to work hard to improve his game to earn a better salary. I guess no one is getting at least 500k per month in PBA? even JMP I guess?
Those that are living a lavish life, well, I think 70k is still enough for them. But for someone who thinks of himself as a superstar with that salary, he shouldn't think of himself like that. AFAIK, the max cap for salary is 420k for any veteran and it's because of their PBA rule.
(https://www.spin.ph/basketball/pba/pba-study-group-proposes-lifting-of-salary-cap-on-rookies-a1374-20210629)

But probably they'll earn more if they are consistent in the Finals and of course more if they win the Finals. So maybe some players prefer to stay in the PBA despite the huge offers outside because they might be assured of their security in the future rather than playing outside where a player could only get a short term contract and of course high pressure since they are one of the imports.
2539  Economy / Trading Discussion / Re: How often do you change your indicators? on: January 10, 2022, 02:34:36 PM
Guys I have a question, I'm not into short-term trading, but I have found a way to use some indicators that works for short-term trading and I think it works long-term, it consists of the Bollinguer Bands added with the stochastic, If they cross and it leaves the peak of the stochastic, it gives a signal to enter, either in a bullish or a bearish sense, I do not know how effective it is, but it seems to me that it is a good trick taking into account that if an analysis is previously done in determining what trend the currency will take, this is something that caught my attention, especially for short-term trading, it seems to me that these tools are very powerful, has anyone combined them?


Honestly, I was just new to hear that trading tool, I was curious then to try that and hoping that it works for me as well.

I was very often to change indicators when the market changed its course as I look it was very effective but can't be like that, it is a usual thing to happen and this never saves me from losing. This is probably because trading can't be all the time in winning, we'd sometimes lose, and sometimes it is always especially when we are using the wrong trading tool.
2540  Economy / Gambling discussion / Re: NBA 2020-2021 betting on: January 10, 2022, 01:24:59 PM
While the Mavericks VS Bulls at the last moment Luka Doncic is playing I say to myself it will be a hard game for the Chicago Bulls and the combined efforts of DeMar DeRozan and Zach LaVine is not enough to Luka Doncic, Maxi Kleber, and Josh Green's combination, it was a great game and losing my bet was still OK,
And the Mavs won by a big margin of 14 points against the Bulls. DeRozan disappointed me in this game. He could've played far better than scoring only 20 points in the minutes he was given. Though he's aging and that's a factor as well. sorry for your loss.


He has a bad game but he is still one of the favorites to win an MVP award. Sometimes they are also getting tired and they lose games, but since they are a good team, for sure they'll start winning games again and that win streak will be repeat.
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