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2581  Economy / Gambling discussion / Re: BTC price VS gambling on: June 15, 2021, 09:23:06 PM
I think it depends on each person, if they are really addicted to gambling, whatever the bitcoin price is... they must have prepared themselves beforehand. But it's good for us to be smarter in responding to this, gambling is like entertainment and we really have to know when it's time to gamble.
We can gamble every day if we like to entertain every day, I'm sure there are people who are doing that and they have no problem with gambling. It's not really that risky if you have already learned to be responsible and you have matured as a gambler. What I'm talking about is always gamble according to your capacity, gambling with a limit is very important, it's a limitation of funds and time, but as I said, you can do that on a daily basis.
2582  Economy / Gambling discussion / Re: NBA 2020-2021 betting on: June 15, 2021, 09:07:33 PM
The hosts will play without Harden and Irving tonight, so Milwaukee has to take advantage of this. In the fourth game of the series, they showed really good form. Of course, Kyrie's premature exit from the pitch certainly made their task easier, but even in the early stages of the match, they showed that they were able to outweigh the Nets with their prowess and physical advantage. I bet Bucks win tonight.

Yeah! I quite agree with you on this.

I believe the momentum would have tilted the Bucks way after game 3 and game 4, the Bucks actually got quite a bit of luck on their side, but that's not to discredit their own effort.

I would have fancied backing the Bucks -2.5 tonight, because I strongly doubt that Durant alone can carry the Nets against this Bucks side, However I'll be going for the Over 220.5 Instead

There's something going on here, it looks like Harden is going to play and we can tell that based on the line movement. It was opened at +2.5 move to +4.5 and now back to +2.5.. and if this is true https://www.si.com/nba/2021/06/14/james-harden-out-nets-bucks-game-5, then we might see a good game 5 here.
2583  Economy / Trading Discussion / Re: Can any one suggest best indicator for trading? on: June 14, 2021, 11:19:40 PM

I agree that indicators are not a guarantee that we will succeed in getting a profit in trading, but indicators only make it easier for us to read
market movements. Other things are needed such as risk management and controlling emotions to be able to make the right decisions when trading.
Then don't forget experience is also an important factor in order to avoid mistakes in trading. So a lot of factors that we have to combine,
in order to maximize profit when trading.

But if you can really manage to use it, the chance is higher than those who know nothing.
Even though it guarantees nothing, however, it is a big help when creating our TA's which gives us more advantage. But of course, it seems to be hopeless when we are emotional traders as this thing could just be ignored as our mind has been controlled by our emotions.
2584  Economy / Trading Discussion / Re: Why risk management is so important for Every Trader. on: June 12, 2021, 09:34:19 PM
no need to be complicated in defining it all.
Even in simple terms, risk management is managing the risk of loss which will result in the value of your portfolio decreasing and it may be possible to run out.

Isn't in trading the main goal is profit, now with risk management we can manage and manage how to get profit results.
if you don't do risk management, it's not trading, but spending money.
It is a need and it is a must for the sake that we are facing high-risk investment. Many traders never understand this, they just even ignore the importance of risk management but fir sure they soon realize what has its role and what could be an impact on their life as a trader. They never appreciate now and I know they didn't because they don't have the interest to learn. And that is why many had to suffer losses...
2585  Economy / Gambling discussion / Re: NBA 2020-2021 betting on: June 12, 2021, 03:01:07 PM
Anyone interested on this series line?


https://sportsbet.io/sports/event/basketball/usa/nba/nba-60619e1fb94a977c3192ea9a

Here's what's gonna happen, if the Clippers will win game 3 then this series bet gives the advantage to the clippers.
What do you think, worth to take or not?

If you believe in the Clippers' capability to come back, then taking that should be worth it.

The series odds before the first game was almost even, so getting a +1.5 game with more than +100 odds should be big.
The clippers are not really a bad team, there's an urgency to win and they need to win game 3.
2586  Alternate cryptocurrencies / Altcoin Discussion / Re: Red crypto market today on: June 12, 2021, 02:48:49 PM
Only green market when El Savador legal bitcoin yesterday and now back to red market zone and bitcoin crash under $35000, very hard for bitcoin how back above $40000 after many time only touch $38,000 and see bad news every time make bitcoin keep dump. Maybe this month never see bitcoin strong and back above $60,000 again after we happy last three months ago.

That's because the news was not big enough to create some hype, we are witnessing a correction now, bitcoin will likely dip below $30,000 this week or next week, we should watch out for that as we might witness another panic selling. Don't be surprised by the red market, as if it has not happened before, we should consider it as a normal scenario already.
2587  Alternate cryptocurrencies / Altcoin Discussion / Re: How about the future of the market? on: June 12, 2021, 02:28:41 PM
Have you seen the market is declining? when?
Apparently, it was just a sort of market correction, not a thing that we think we are already in bear season.

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Is it true that NFTs are the future of the cryptocurrencies?
I don't know and I'm not sure if these NFT's projects are promising or they just like Defi projects that after it surges high, like a bubble that it burst and say goodbye.

Well, the future of the market is clear to have a better future. I can say that because it is what I believe, I trust crypto and I know the next generation will adopt the system.
2588  Economy / Trading Discussion / Re: A book to read on when to sell (before a crash) on: June 12, 2021, 02:09:36 PM
There's a bunch of book mate where you can read such stuff and to obtain some information as well.. But there's a second option and its through YouTube.. Because there's are some professional about that wherein they make back testing to some tools in the chart to see if its accurate such where to sell and buy in a right time.. Its very informative than reading some books in my opinion because you can see how to apply it in the chart and whats the important thing to remember..
Books will somewhat be obsolete and As the market changed, the more we need not rely on them but also to become more updated and seeing online tuts is a big help for us. I don't even have read books in regards to trading but I read some useful information online.
What I was doing and relying on is to do in the actual scenario which is the best teacher when it comes to decision making. Because the more we expose and real trading, the more it gives us insights and things to consider when buying and selling. Maybe this could work for OP.
2589  Economy / Gambling discussion / Re: BTC price VS gambling on: June 12, 2021, 11:40:10 AM
Bitcoin price increases made some people think more about use bitcoin to gamble because they see they can make a big profit if they can sell bitcoin at a high price.
It's not about how big the profit might give but it's about the quantity and the little that they can gamble due to the high price of bitcoin. For example, when the price is at the peak, you can actually gamble with a few decimals and that valuation for that quantity is already quite good enough. That's the reason why if the price of bitcoin is high, there are gamblers that are choosing to gamble with bitcoin for such an amount. Because the advantage is if they've been holding bitcoin for so long, they have little to spend for gambling and it won't lessen a lot with their holdings.
They prefer to secure their bitcoins when the bitcoin price is at its peak, selling it will be more valuable or good for him than spending it in gambling. There is nothing wrong with their choice because it is their right to use bitcoin for their own purposes, because gambling with crypto can not only be done with bitcoin alone, there are many other cryptos that can be used in crypto gambling and it would be good to keep making their bitcoins keep it safe as an investment.
If someone wants to gamble with their bitcoins, tell them to sell it and then gamble with the cash. You cannot stop people who want to spend their bitcoins for gambling and tell it that they should've sold it instead. If the choice as they want to gamble is bitcoin then it should be made by them in bitcoin and they're comfortable using it. Although some may say that it shouldn't be bitcoin that they must use because there are other options for cryptocurrencies to be used for gambling. But that's it, the higher the price, the lesser bitcoin that can be used. Anyway the price of bitcoin has decreased a lot and one can choose to gamble with other altcoins that they prefer.

We won't really have a good focus if we think of the price of bitcoin and its volatility, it will bother us when we are gambling, instead, why not just gamble using stable coin, that would be easier though the fees are sometimes high.

Same here, I don't focus a lot on the market volatility, I just convinced my mind that volatile is normal and when we speak of volatility, it should not be one-sided price movement, it should be up and down or pump and dump, and in general it should not hurt us.

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If our mindset is that bitcoin is an investment rather than a payment system in gambling, then we have a problem and we should not gamble at all.

Our mindset is to win, focus on the strategy and forget about the price volatility.
2590  Economy / Speculation / Re: Mining plants in China are shutting down. How will this be reflected on Btc on: June 12, 2021, 11:08:58 AM
This will affect hugely on bitcoin, but it should only be temporary because miners could relocate and find a country that is crypto-friendly. Anything that is considered as bad news could really affect the market, and in fact, the bullish market is now gone due to bad news that was reported so far.
2591  Alternate cryptocurrencies / Altcoin Discussion / Re: Not everyone can be lucky when it comes to shitcoins on: June 12, 2021, 08:33:15 AM
All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

You're 100% correct. With these new meme shitcoins which pop up daily, only the first few early investors make a profit, because they dump their bags on people who enter later.
Even if there's a "presale", it's no guarantee, because the team WILL dump on you. GUARANTEED
It is a risky thing and I'm not supposed to invest with them seeing such instances. I know we can't be all in profitable but at least we know which one could possibly give us the assurance for ROI, not the assurance to lose.

But, it is not the way we just ignore those shitcoins. I think you know what I mean. Coz if we see how many shitcoins just pump this year for no reason, clearly it was an indication that these shitcoins could somewhat be valuable at no time.

I hope you don't mind checking your wallet, maybe you are also a lucky person this time.
2592  Alternate cryptocurrencies / Altcoin Discussion / Re: investment and loss anticipation on: June 12, 2021, 08:07:38 AM
investing in the crypto world is very easy to do, because we buy coins and we can manage it ourselves, there is no third party for this,
this is the advantage, and of course it is very safe to use, but if you don't want to lose of course you have to anticipate it in a way the right one,
for example by put a stop loss on every investment
Sorry but you are wrong...now to ask you have you try investing in real life?
yes, it was easy to buy but doesn't just like that. You need some market analysis if you want to earn from your investment as not all the time is a good buying price. In this case, you are giving a reason for you to lose.

Exchanges will be considered as 3rd party unless if you are using P2P transactions.
2593  Economy / Gambling discussion / Re: BTC price VS gambling on: June 11, 2021, 09:37:28 PM
Due to the expensive transaction fee of both Bitcoin and Ethereum it leads me to the change of my chosen coin to avoid the transaction fee. Before, it was dogecoin but now I think both Dogecoin and XRP are good alternative not just it has a fast confirmation but the transaction fee is very expensive.
I'm not using dogecoin already due to high fees, when its price increase, the fees also increase in value, XRP is by far the cheapest coin when it comes to a transaction fee, and it's also instant so it's really good for gambling.
Dont know on what you do consider to be high specially in DOGE since fees arent really that expensive even though there's some increase but not really that much where it do go into some certain extent.

Bitcoin fees now are really cheap and for those who do love to play with Bitcoin would really see it appealing but we cant avoid the fact that it do suddenly changes from time to time depending on network condition.

Aside from XRP then TRX is on next in line when it comes to fees and confirmation speed which i can say that it is really a good alternative.

It's high because I'm sending money coming from an exchange, I'm not holding doge, of course, if I want to gamble, I send bitcoin to an exchange and trade it with DOGE, it's just that the fee is higher now because DOGE price is very high already, but XRP's fee remains cheap, I can play less than 1 xrp for transferring it from an exchange and that's what I like over other altcoins.

You have no choice if you don't have standby money to gamble, you have to exchange it (pay for the trading fee), and transact (pay for the transaction fee) it to the gambling site you are using. In the end, it still boils down to the financial capacity of a gambler, because if you are a gambler who bet a higher stake, then paying $1 to $10 for every bitcoin transaction should not be a big loss on your part.
2594  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino on: June 11, 2021, 09:22:09 PM
During my time in the Bustadice campaign I got to know (and love Wink ) the "Slow Withdraw" at Bustadice. Instead of an instant withdraw, you could choose a withdraw that could last up to 24 hours. Bustadice collected all withdrawals and transferred them in one batch, which made the fees much cheaper (5-10x cheaper).

Maybe such a system would also make sense at Roobet, as a user you only have the problem of having to wait a little longer for your valuable coins.

You are right. Batching transactions can reduce transaction fees dramatically and, from a technical point of view, I don't think it's that hard to implement such system. But what about users privacy!! I' am sure most users don't want their addresses to be linked with other gamblers addresses and mostly don't want anyone to know how much they withdrew just to save few bucks.
If you can't/won't deal with bitcoin network high fees then just use Litecoin.

Your address is linked to a gambling platform or gambling transaction should not be a problem if gambling is not illegal in your country. It shouldn't be a big issue as we have to be responsible enough to gamble and there's nothing to hide. Save from transaction fee, that's the concern of majority of the gamblers.
2595  Alternate cryptocurrencies / Altcoin Discussion / Re: Are all altcoins dependent on Bitcoin? on: June 10, 2021, 09:46:33 PM
Maybe the simplest way is most of altcoins in exchanges is paired with BTC. And then if BTC dropped, altcoin price also dropped because although value in BTC is same, but value in fiat is dumped. Maybe if not want this to happen, make sure the dev pump their alts when price of bitcoin dropped so it can stable or maybe can be above from before.

In some cases, altcoins can't keep up with Bitcoin's price when it's bullish. It may be that the rate altcoin investors use is against FIAT, so the ALTCOIN/BTC rate will go down, but the ALTCOIN/FIAT rate will stay the same.
And generally, when the Bitcoin price crashes, the ALTCOIN/BTC rate will go down, and the ALTCOIN/FIAT rate will go down too.

Not all cases are like that, but I see this kind of case more often.

Not entirely true, the last bull run when bitcoin hits its ATH, some altcoins are also hitting their ATH, like ETH and BNB, and Cardano, these coins are very profitable that investors made a lot of money from it. Maybe at the start of bitcoin bullish run, altcoins does not react right away, but once it continues to pump, break its ATH after ATH, then the FOMO will come, not only on bitcoin but on altcoin as well.
2596  Economy / Economics / Re: Economy after COVID-19 on: June 10, 2021, 09:36:08 PM
I also found several countries making vaccines as a business field for big entrepreneurs in those countries. It's very unreasonable to see people die just like that by human actions.

this is the very sad, shameful and regrettable part... vaccines are only in Europe and America, the African continent is practically forgotten and knowing that the African continent is where there are shitty and corrupt presidents who don't even think about the good of the people so i predict that africa will finish vaccinations after 2026 or 2030 and that's if some fucking african leader has brains and feelings. African leaders are easily sold by Europeans and Americans and this covid came to show how Africa needs to change and stop being dependent

It's hard to do it but it's possible with a good leader. Right now, they have their country but they are controlled by big countries, that's how greedy people play, they take advantage of the poor to make themselves rich while making the poor poorer. Poorest countries will always be the less priority especially if big countries can't benefit something from that certain country.
2597  Economy / Trading Discussion / Re: Why risk management is so important for Every Trader. on: June 10, 2021, 01:47:15 PM
It was very important because that will helps to save your money and to avoid losses. It a big asset in handling your investment, without having any single knowledge on how to manage risk, the closer you will end up losing. Learning about his matter is an investment, yeah, many people had spent their time studying and learning about this and you know what? They will succeed.

I think you need to read this...
https://searchcompliance.techtarget.com/definition/risk-management
We can't simply ignore the use benefits of risk management in trading. Some just don't mind it while many were busy learning about this. Well, of course, it can't be really appreciated at first but in the long run, we discover its importance especially when the crisis has come. So, it is much better to spend time learning with this while trading and to see what it could help to improve our trades.
2598  Economy / Trading Discussion / Re: Trading is Easy dont be afraid just on: June 10, 2021, 01:09:44 PM
Greed is the main reason why a beginner or a professional trades wrongly. Trading does not really become easy when faced with various kinds of problems because they do not understand the basics of trading properly and correctly. Understand the basics of trading to determine when to enter and when to exit. Trading is not just buying and selling. Trading will determine the development of the capital you have, don't let your capital run out by trading incorrectly.
That is something we/they need to change otherwise, we all become a loser of our own actions.
We think that trading is very easy, yeah, it was very easy to lose our funds if we are not mindful of our decisions which is very common to everyone.

I know we can't be perfect all the time but of course, we have to do something and don't just let everything will be out of our control. If let our greediness will top on our mind, I can really imagine our failure and regrets.
2599  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I Predict $20,000 for dogecoin in 5years time on: June 09, 2021, 09:31:11 PM
The fact that the price of Dogecoin is at such a high level at the moment is a huge success of this coin. Unfortunately, but with such a huge amount of these coins, price $20k is impossible, unless the entire cryptocurrency market grows 20,000 times.

Achieved $1 first then will talk about $10 and if that will still be achieved talk about $100...

The problem is, we are too hype, we are not thinking clear, we are just following the FOMO blindly and we hype our believe too much.
Let's take a break for a second, $20k from the current price, wait... I'll calculate it.

Now  $0.34, so to reach $20,000... that would be 58,823 growth from the current price, haven't seen a coin like that yet.
2600  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin as safe as its believers say? on: June 09, 2021, 12:01:47 PM
People are just over reacting about the issue. Its still vague and still no recent explanation about FBI actions. And they have protocols to be followed. Its indeed reasonable to act that way like cracking their server. Afterall, they are just getting that from the hackers.
They will just take action once there is a report, that was their job. What they have done was to believe to have a reason and if that has proven that it runs illegally, their Bitcoin must be confiscated otherwise, it will still use for illegal activities again.

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Safe? Its all about tight security system or where to put that private key not to be seen if someone try to crack over your files ot server.
It guaranteed safe if we know how to manage our keys/password. It is to find risk saving our keys in our laptop/PC especially when we are not the one who uses it coz that will be one factor that hackers could track our key/passwords.
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