I mean that was just some common mistakes and it happened most of the time to a lot of gamblers, it happened to me a lot as well, and it was really easy to lose your focus and get tilted most of the time because of so many distraction that could get on your way, There are times that I get wrong one, click the one button, just because I lose focus just for a little bit of time and that result to a loss, I mean there are times, that it accidentally get me to a win but most of the time it ended up with a huge lose.

But now it rarely happens to me because when I gamble I make sure that I'm all set, and I have nothing to worry about but to focus, and be ready for the game, I guess it is still important for most of the gamblers because these bets are money after all and losing money is not going to be a good thing, I mean mostly I get that adrenaline on this kind of thing so my spirit is always awake especially if I know that I'm winning.

You could be lazy for sure, I do some research on like sports betting for sure, and I do at least some analysis on what team i think is going to win, but its a different game after all you could just bet on it and hope for your team to win there was no focus required you just need to be updated on what is happening at least so that you know how it might turn out next time, or if you actually win or lose.

57 - Asuspawer09

Thank You!

So far wala pa naman sumisi saken sa mga naencourage ko na pumasok sa cryptocurrency, siguro dahil hindi ko naman talaga sila iniencourage like na sinasabihan ko talaga sila na maginvest, ang ginagawa ko lang ay kinukwentuhan ko lang sila ng experience ko and binibigyan ko sila ng hint sa cryptocurrency and if gusto nilang subukan lagi kung sinasabe sa kanila na kailangan sila mismo ang gagawa and sila mismo ang magreresearch neto kung gusto talaga nilang magsimula, to the point na dinidiscourage ko talaga sila na maginvest dito dahil always kung sinasabe sobrang risky ng cryptocurrency market, and if hindi ka maingat or hindi ka ready dito malaking pera talaga ang pupwedeng matalo sayo in the end.

May mga naincourage ako na maginvest sa mga kapatid ko and it wasnt really end well sa nilabas nilang pera, so far and ginagawa ko naman sila mismo ang pinagawa ko ng wallet, sabi ko gawa sila ng sarili nilang Binance acount para makapagtrade sila, pero noong tumagal na at bumagsak ang crypto nagbenta sila lalo na nong medjo wala silang budget kaya talo talaga lalo na kung wala kang masyadong alam at research magbebenta ka talaga sa maling presyo. I guess hindi lang talaga sila knowledgable dahil kahit pinagawa ko sila ng sarili nilang wallet yung mga galaw like bebenta na ba o bibili ba tinatanong rin naman nila saken so useless din yun.


Tama lang ginawa mo kabayan dahil may involved na pera yan hindi ka pwedeng basta basta na magshare na lang ng information dahil kahit tayo din naman nag-aaral pa at patuloy din na naggagain ng knowledge about dito, and kahit may alam na tayo nagkakamali pa rin tayo. So hindi mo din talaga pwedeng basta basta ishare na lang yung nalalaman mo lalo na, na alam naten na ang cryptocurrency ay risk na investment so at pwede silang matalo o mawalan ng pera dito, always ang magandang advice naman talaga is sila mismo ang magreresearcch which is good dahil yun naman ang iniisip ng kaibigan mo na siya mismo ang magreresearch at aaralin niya pero pera pa rin yun sensitive topic pa rin yan at choice mo pa rin talaga if gusto mo ishare or hindi.

Well, I have the same strategy on my winnings as well, I mean when I already accumulate a huge amount of money I just spend it all on some things that I really like, I mean it was a gamble after all, and its always better to be safe than taking that risk, so its better to have something or have an investment already than continue do take the risk. It might not be something that I need but something that I want but at least I do buy something with it. Always take profit if you can, and most of my winnings are on sportsgambling I just spend it on something that I want not on my needs, I put my salary on my needs. I guess it is because its kinda fast to earn on gambling so its wouldn't really going to be a thing even though you spend it quick.

I kinda like guitars as well it was on my hobby when I was still a college student by I just didn't have enough time to practice and play anymore, Congratulations on your guitar purchase Goodluck with that, the advice that I always give to guitar players is Practice, Practice, Practice.

I mean no one actually expected for Bitcoin to be so valuable when in was made in the past year, it was just some new technology that we see, Most of the people that bought that time for sure weren't really expecting that the market price of Bitcoin is going to exceed up to 70k$ I really doubt that they hold until now because they know and believed on it, I believed most of this people are just lucky enough somehow maybe they just forget about it and then probably see it again when the market started to increase its market price. Most of them for sure already sold a huge amount of their Bitcoin or worse sold it all already when the market increased probably when 20k$ I guess.

In the first place for sure, we should be mindful of all of our things, it was probably difficult to keep all of the stuff, I mean for years, personally the flash drive that I owned a long time ago I didn't really know where it is today, and I already lose it I think, probably because I just doesnt know its value right, we just tend to not give enough importance to it especially if it wasn't really that valuable to was. That time this flash drive was lost Bitcoin wasn't really a thing I guess so it's easy to overlook this thing, but I guess it would be a good thing if you are someone that is very meticulous to your things, my mom was likethat, his things that she own is still working until these days.

Nakita ko ito sa Bitpinas seems like mukang mainit itong Platform ng Paytaca dahil marami silang pakulo na nilalabas ngayon tulad netong ilalaunch nila na Marketplace and P2P exchange not sure kung ano ang mga magagawa neto for now dahil teaser palang naman ito pero mukang pwedeng magorder ng food tulad ng Grab. Then meron ding P2P pero sa nakita ko sa video mukang BitcoinCash talaga ang main currency nila dito, I mean BitcoinCash could work naman talaga, galing din naman sa Bitcoin yun pero siguro lahat naman tayo dito gustong makita na kaya din netong magsupport ng ibat ibang mga Cryptocurrency lalo na ng Bitcoin, dahil lahat tayo Bitcoin ang hawak na crypto, for sure kakaunte lang dito ang nagiinvest mismo sa BCH.



Source

So far not bad na rin naman since malaking exposure din ito sa Cryptocurrency dito sa ating bansa malaking tulong parin ito pagdating sa adaptsyon ng Cryptocurrency dito sa Pilipinas.

At first I really think that it was impossible as an IT i have a little knowledge about code etc. and I mean this AI thing was just compose of a code right program something like that, if your going to think about it we are the onr that needed to create that code in order for the AI to work so its impossible for AI to replace us.

But as we progress we already seeing how the AI is getting develop overtime and it was really mind blowing, ive seen some AI generated videos that was really perfect, and I think that was going to be a thing probably could be a problem if you are a videographer because that might probably replace you or worst, that just going to change the game when in comes to film making.

So I think it is going to happened in the future AI is going to replace us all, it was really possible as our technology grow, If this AI able to adopt easily or learn it is just going to be a everything, it can be like human as well. But I think this is going to be more than 100 or 200 years, I mean developing this is not going to be easy it is going to take a very long time for sure so i think no need to worry for now.

I dont get the part of Bitcoin is still dead. or Bitcoin is a deal? I mean you always see how Bitcoin recovers from the drops it has its ups and downs for sure but wasn't dead at all, I mean it has its up and downs for sure and that was probably a normal thing, especially in a market like a cryptocurrency, its still kinda new technology even though it was already running for many years, how is it dead like your saying?

If you are going to ask me these kinds of things are just normal, there are always going to be believers in Bitcoin and people that is not going to like it for sure, there will be haters and some who are not going to believe in what Bitcoin can actually do or can actually achieved that was just pretty normal for sure. It was completely fine if they dont believe in it then just dont invest in it at all, if they think the Bitcoin is dead then dont buy it at all, but the fact that you could already see Bitcoin recover many times saying that Bitcoin is something, it wasn't dead at all.

If you were not lucky at all to buy Bitcoin when the market price is low, it's still going to be okay because there are always going to be an opportunity for you to get in, Even though your wasn't lucky at all with that, I still going to recommend investing on Bitcoin, because it is just the safer investment that you could make especially here in the cryptocurrency market, its a very risky investment for sure but you could say that the profit was fast compared other investment that you could make, Investing on altcoin market for sure is tempting, I wouldn't really going to stop you investing on altcoin market because you can already see the ROI of this altcoins compared to Bitcoin it has a higher return but for sure that is going to be riskier to Bitcoin. what you could easily do here in invest a high percentage of your portfolio on Bitcoin then probably 10% put it on altcoins just to see and gamble it, I mean it wouldn't really going to hurt losing that 10% its going to be a calculated risk you could easily recover form it.

In experience for sure magkakaroon ng malaking correction sa market, sa mga nakaraang Bitcoin Halving always nagkakaroon ng correction, for sure yung nangyaring price pump ngayon sa market is kasama na rin sa effect ng Bitcoin Halving, dahil na rin sa ETF na news noong nakaraan lamang, ang iniexpect ko talaga ay babagsad ng malaking percentage ang Bitcoin bago ang Bitcoin halving, maraming mga newbies sigurado ang magbibilihan ng Bitcoin lalo na kapag nakita nila na malapit na ang Bitcoin Halving, kung titignan ang epekto ng Bitcoin Halving ay sigurado na makakatulong ito sa pagtaas ng presyo ng Bitcoin pero hindi hindi basta basta mangyayari lalo na kung maraming mga traders ang ineexpect na ito. Kaya maraming mga malalaking traders for sure ang magbebenta ng kanilang Bitcoin lalo na ngayon na tumataas na ang presyo at nahit pa narin ang All time high, so profit is profit pa rin talaga lalo na kung hindi mo naman balak na maglong term investment, ang suggestion ko talaga is magbenta na ngayon habang mataas pa ang presyo, I mean hindi naman kelangan lahat ng Bitcoin mo pwedeng maliliit lang na percentage muna pero ang point is take profit while the market is on top then reinvest nalang if the market drop para hindi tayo masyadong manghinayang if bumagsak man ang market dahil kahit papano nakapagtake profit pa rin tayo.

Mike Tyson was almost 60 years old I mean that's Grandpa level right, and already retired for almost 20 years so for sure it's kind of going to be rusty right now since there were only a few months before the fight. I mean this was pretty obvious since nobody would care probably about the fight, I mean just to see Mike Tyson fight even at this age there will be people for sure that are going to be willing to pay just to watch him fight again. That just means that this fight is going to generate them a huge amount of money, There might be some chances that it is going to be a staged fight I guess, as we know Jake Paul most of the fights are fixed, I mean he had the money for sure so he could just pay Mike Tyson for sure at least not to knock him out something like that, or worst case to lose that fight.

Still, Mike was looking kinda dangerous at his age as we can see on his pose, the fact that he's a heavyweight could actually be a thing, his punches on his pose and his speed is still going to be a threat to Jake Paul for sure. This is still going to be fun to watch, and gamblers are going to be entertained by this bet, would personally going to bet on Mike even though I might probably lose it still Mike is still Mike.

That is a good perspective for sure and I dont think that it's a bad one, I mean in the first place Bitcoin is the safer investment that you could make in the cryptocurrency space that's for sure, cryptocurrency is a very risky investment and not investing on Bitcoin compared to other alternative token for sure is not going to end well for you. Personally, my investment for sure consists of the huge amount of Bitcoin because that is where I could increase my chances of profit, also just like I said it is the safer investment that you could make, Still it would depend on the trader itself since we do have a different strategy in the cryptocurrency space and investing only on Bitcoin wasn't going to be a bad idea, but not everyone is going to do that for sure, I do invest on other alternative tokens in the market but I make sure that it is a really low percentage of my portfolio because this alternative token has a high risk compared to Bitcoin investments.

I wouldn't totally going to agree with it, because if you are going to look at the possible profit that you are making in the altcoin market, for sure you can already see that over 1000 percent of profits can be made on this market, and that is something that you could take advantage off, I mean as long as you can control and limit your investment there I think you could make a worth it an investment with minimum risk, high return with a very low risk so it's going to be worth it investing on it.

Most of these altcoin tokens doesnt really have some kind of use on them, so I wouldn't personally do it, especially in the long term because for sure it's going to drop its market price and its volatility is very high compared to something like Bitcoin. I would just treat it like gambling, as a trader you could have some spare money that you would like to test out and see, gamble it on something like a MEME token, and as long as its a money that you could afford to lose, that's not going to be a big deal you could easily recover from it in case you lose the trade, or possibly you could hold it long term as well since your not really going to lose unless you sell that token, so why not see how it going to turn out.

If you invest your money in Bitcoin you're going to deserve it in the end when you start to profit from it, there was no one that is allowed to get that money from you because it is only yours, you have no obligations to anyone even though they wanted to borrow some money, if you doesnt want to give it to them there was no case on that, I mean if they get angry because of that I wouldn't trust them as a family or a friend personally that just means that they doesnt respect you at all.

Personally, I have a bunch of these people borrowing money from me, probably because they see on my main account that I'm posting some great photos of me traveling etc. so they probably assume that I have money, but back in the day I was very generous and doesnt really want anyone to hate me, so I always let them borrow some money, I mean it wasn't really a huge amount for sure because I dont really want to lend a high a mount of money, it was just around 40$ - 100$ something like that but most of the people that borrow money on me doesnt pay, to the point where I was telling them directly that they have a loan on me, but they just doesnt want to pay it assuming that I have a lot of money though, I have a coworker that borrows me a small amount of money, I was very kind of him and he abuses that, He doesnt have any intent of paying at all and I hate him and already just pretending to be his friend even though inside every time I see here I remember that money that he doesnt want to pay, our friendship was ruin because of the loan. Starting on that I dont lend anyone money anymore, most of the time I lend a very small amount to that friend and family that I really trust and I know that is actually paying.

Its not your problem that they doesnt have money, if you invest your money the rewards of that is all yours, they already get that reward if they spend all of there money buying something that they want not really thinking about saving and investing in the future.

Still, the return is going too high compared to other investments that you could do like real estate, stocks, etc. Not gonna like even though Bitcoin is a very risky investment because of its volatile market price it does a its job of giving a huge profit and return, I mean I'm been investing in Bitcoin started to know it like 2017 until now so far It really gives me a huge profit, even though there is some time that I didn't really make a perfect decision on my Bitcoin, there are times that I sold my Bitcoin in the last Bullrun, but for sure I wasn't really a lost, I mean it wasn't the perfect decision but profit is still profit, I was able to buy things that I wanted to buy with that money. Now I still continue to accumulate more Bitcoin hoping that I could make a huge profit again in the coming Bullrun, even though the All time high has already been reached I don't think that we are in the Bullrun yet, so in my experience buying is a good thing, I mean at this time I don't really need the money so I could easily invest at this moment.

Still, I would still end up investing in safer one like land or a house, When the time comes to sell my Bitcoin that money that I get I would use it to buy a house for a safer investment and passive income incase I could use it as a rental something like that. I would still reinvest on Bitcoin for sure when i sell and make a profit, the market is a huge cycle so I will take advantage of that.

I guess you could assume that if there was no law something about it, it was going to be completely legal since you not really going to break any law if there was no law that is about it, Maybe if you are referring to online cryptocurrency gambling there will be a lot of involved there, you could take a look as well on gambling and cryptocurrency. If gambling is illegal on your country then you could consider cryptocurrency gambling illegal as well since it is still gambling, if Cryptocurrency is illegal in your country then Cryptocurrency Gambling is going to be illegal as well but as long as there is no law about it there will be no problem doing it for sure.

Still, there will be some possible restrictions depending on the legality of the casino, I mean most of the online gambling websites are not really registered to a certain country, and depending on the country there could be some restrictions about that, recently here in my country, the government is banning most of the unlicensed website and there was a possibility that Binance would get banned as well because it wasn't really registered here in my country, so possible some of the gambling websites may get restricted as well in the future.

Just be mindful of the Cryptocurrency Gambling website that you are going to register in since there are a lot of scam gambling websites out there, Find the perfect one here in the forum since there are already a lot of trusted gambling websites here, and you could easily just pick on the list then find the one that you preferred to use, that has games that you liked.

I mean at early age its going to be a good practice for them if we are going to teach our children how to save and invest there money , but at this point theyvstill doesnt have a source of income of there own so its kinda useless if that the case but what we could do is doing it like for example they have some kind of allowance, we could teach them that they need to budget it and save on there own, I mean worst thing is spoiling your children with your money, they should be a ble to budget and save at an early age, i mean if possible they should get a part time job atleast because they are goin to learn there that earning money is not really easy making them value every one last bit of that money if they are the one who work for it.

It was pretty normal back in the day to see Bitcoin as some kind of ponzi scheme i mean it was onviously a new thing and there was no proof of profot on it your not really sure if the technology even work at that time, so investors that time are really just risk takers for sure putting that money and believing on Bitcoin.

Most of us are going to be doubtful for sure that we cant really blame them because if you doesnt know what is Bitcoin that is probably what your going to think about it, because there are bunch of news that connect to Bitcoin especially illegal one connect to Bitcoin like blackmarket etc.

We were just lucky wnough since we are able to know and have that knowledge about Bitcoin allowing us to believed on it, they surely doesnt know Bitcoin unless they are going to do it themself make some research discover it.

These were the most common mistakes in gambling being greedy and getting overconfident for sure is going to be repeated a lot of times in gambling probably just because we are just humans and having that emotion is already a huge part of us, there are for sure some things that we can do in order to avoid it, but if you are already on the position its really difficult to resist greed, as long as you already see that you are winning a lot for sure there are a part of you telling you to continue your bet so that you could just continue to win and earn a huge amount of profit in the end, which is probably not ideal because this is gambling and most of the time the bet on it wasn't really going to be worth the risk of it.

Still, we can for sure overcome this kind of mistake, we just need to be disciplined on how we are going to do things, there is always going to be a fight of will especially if you really want to change fight your emotions and stop getting greedy and overcome it, being contented on what you have, knowing your limitation is going to help a lot at times like this.

I mean i gonna give that to give having that kind of courage but for sure it wasn't a wise move for him because losing that bet would is just going to be devastating for him, it's going to be very difficult for him in order to recover if he lose that bet, luckily he was able to win that, but in my opinion it wasn't going to be worth the risk for sure. Life-saving was difficult to bet in the first place because this saving came from all of your hardship, salary, etc. Most of the time you just choose to save money so just you have a small percentage that you could put in your savings account, prioritizing your savings instead of just using it to buy what you really want and what you really like to eat something like that, Personally, I do have a lot of lows, I even tried doing delivery and around 2$ every delivery was really not enough to pay its really a difficult times, and knowing how difficult it is to earn money, It would really hurt spending that money that came from my hard work on just like food that I enjoy because I know that it was kinda expensive, then I would just choose the cheapest one which is good enough even though it wasn't my favorite and wasn't really what I like. Then just imagine just risking it on gambling where in just a blink you could easily lose all of that work or saving of your life.


For sure he might be happy right now because he won that bet, but for sure it's going to be the other way around if he loses that bet, he might just get depressed, I mean we already see a lot of cryptocurrency traders losing on trading that could easily end up on something like suicides, depression, etc. That can also be the case here,  betting only what you could afford to lose is good advice at this point.

I guess there are people that is actually have some really bright ideas, just imagining about how most of the companies right now, like the blue chips companies story today are just really amazing, like how they started some kind of idea on just there garage then turns out to be the best idea ever then now became a really huge company already, It was really unbelievable that it just comes from there mind. In my opinion for sure the world is really unfair to every one of us, I mean not everyone is born rich in this world, there are people the born in poverty and there are people that is born have everything they need already, that is surely a thing right. There are some people that have this kind of gift for sure.

But I believed that these people weren't all about just luck, if they are successful today that is surely because they do a lot of hard work as well, I mean the idea talent, and vision is already there but it wasn't really going to be real unless you going to do something about it right, like Facebook or Apple is just made because they think of the idea, for sure they do a lot of hard work before even getting to the point of it was a successful company. What you need have that idea in your mind do the actual work and then hope to get lucky right, bottom line is, it isn't just about luck and talent, you need to make it real as well, we just doesnt know it because we doesnt really know their experience and hard work they put on it since right now most of the people would think that they were arrogant just because they were lucky but that thing is we can't judge them because we dont know what they passed through in order to get to their position right now.

There was no way to know the peak of the market, I mean there were too many factors on it so it's almost impossible, there are only a few traders that will be able to sell at the park of the market and probably lucky enough to do so, In my opinion, the best exit strategy to do so is selling a small percentage of your money probably like around 10-20% of your Bitcoin every time it's going to reach its new high, it's not going to be guaranteed for sure but it's the safest it's going to be guaranteed at least to make a profit on it since you're always going to sell at the top of the market, you're just predicting the possibility of breaking new high again, like, for example, sell a small percentage when the market reach 80k,90k,100k, and so on. The market could immediately make a correction, especially at this market price and we could already see how the market slowed down so we are definitely near to a correction if you are going to ask me.

I mean profit is still profit, and if you are planning to sell everything before the bear market selling a small percentage is going to be a good exit strategy, still you could still have Bitcoin on hold for more years or months unless you get caught up by the drop of the market, then you could hold that for longer term hoping for a higher price, but as long as making a profit I would sell it on my certain price goal every time its hit it, then save it on the bank accumulate this sold Bitcoin ready to reinvest again when the market price drop or probably getting ready for a for safer investment like real estate that could generate me passive income.