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2601  Alternate cryptocurrencies / Altcoin Discussion / Re: Should we sell all crypto now? on: January 07, 2022, 08:14:55 PM
The coins already dropped too much in the past 1-2 months time and to sell now will not be a good decision until and unless you have liabilities to take out the money from your crypto investments. I am a holder and I never sell in panic even I patiently hold many coins in the previous bear trend that was a very long bearish move remains almost 1 and half years. Now I believe the market will not take too much time to change its direction but currently, it's not good.
If you bought your coins higher than its current value, then you will really lose a lot if you want to sell them now. And for sure, no one wants to sell just to lose, because we only sell to make profits. But if you think you can make profits from the current value, then you can start selling your coins. But it would create higher profits if you just wait for a little pump and just be patient in hodling your coins. After all, considering we are in a bearish season or let's say still in a correction, the best thing to do is to buy at its dip and definitely not selling when its dip.
2602  Economy / Trading Discussion / Re: Keep calm and buy the dip. on: January 07, 2022, 07:07:50 PM
For this type of situation, I think we should split our portfolio into parts, so we can't miss any good opportunity. By doing this we will not miss the coming dips and also there will be no worries of big loss.
I think that will be a great idea not to make a huge loss in the end. The market is clearly giving good signs to invest so its up to us how we can handle this opportunity. If we can DYOR and create good analysis on how to be profitable this time, then do it.

However, newbies this time are definitely thinking on how they could stop their losses seeing the prices are going deeper. But if they chose to keep calm and continue hodling, they will never experience losses as the market will surely recover in time.
2603  Economy / Speculation / Re: Will Bitcoin collapse or mature? on: January 07, 2022, 08:27:43 AM
The history of Bitcoin says that it is going to mature day by day. Concerned neo-hippies and crypto analysts express in the same way. So it will not be a disaster but will get more maturity in the coming days. Though there are few people who are making negative in the market by confusing their fraud thoughts.

There is no doubt that Bitcoin is becoming more and more mature, and that process of maturation did have to undergo several price drops.
We should all learn from the history of Bitcoin's movement, which is not the first time that Bitcoin's price has fallen so deep, even what is
happening now is not the worst. So no need to worry about what is happening to the Bitcoin price now, we do have to be patient if we want
to make a profit from Bitcoin. Don't be influenced by the circulating FUD, we must have faith that the future of Bitcoin is very bright and
keep positive thinking. Therefore we should just hold the Bitcoin that we have until the market recovers, we will get profit from Bitcoin
if we do that.
Right indeed. There's no reason why bitcoin will collapse at the present or in the future as its even gaining higher value every year. The current dump is part of the cycle and its always expected after reaching an all time high or before reaching its new peak. I guess those who believed that bitcoin will collapse are more focus on the current events without even knowing that this has happened a lot of times in the past years but still, bitcoin withstand it all and is even seen in a much higher value after a long dump.
2604  Bitcoin / Bitcoin Discussion / Re: bitcoin is unsettling, for those who don't have it on: January 06, 2022, 11:52:25 PM
I think at the end of the day it's just lack of education. The lack of education stirs up the fake rumors and make people believe that anything new, anything non traditional is going to be disappointing, most of the people also hate the fact that now the prices are too high to make an investment so therefore they try and invest in other Altcoins, then they end up following people like Elon Musk and sometimes end up getting scammed as well.

I don't think that anyone would be against bitcoins if they would own it, if someone is seeing constant growth and profits I don't think they would be against anything for that matters. It's all about non traditional forms of investments now, that's what's gonna get everyone out of the economic collapse, that's long due, because of the pandemic.
This is right on where its a very common situation into those haters or someone do say up things even though it wasnt right is that those people who do really lack of proper
knowledge and research about bitcoin thats why they do make out those kind of conclusions which is really wrong because bitcoin isnt something like  that.
Sooner or later and on the time that they do gain knowledge and awareness then for sure they would taking back those words that they had told earlier.
Its always expected that those who come to hate bitcoin have no experience making profits from it because they don't own any bitcoin. Not because they are afraid to take risk, but more on they see bitcoin is a ponzi scheme because it gives profits that is definitely too good to be true compared to fiat. But of course only bitcoin owners can prove that this is is wrong, unless those bitcoin haters start to educate themselves about bitcoin.
2605  Alternate cryptocurrencies / Altcoin Discussion / Re: investing in meme coins on: January 06, 2022, 08:54:08 PM
why most of the peoples are not investing in meme coins??
What’s the usage of this token aside from the hype? Investing should be based on good analysis and for sure investors didn’t see any especially with meme tokens and that’s why they are not investing on those projects but of course, traders will always there to join the hype. Meme tokens are useless for me, they are pure of hype and too risky to hold.
You are right. We should invest not because they are hyped, but because they have real utility case that will make the project creates strong foundation. And seeing all the meme coins today are definitely depreciating their value because of the current FED, i don't think some of them will still recover. They will eventually fall into dead coins as they have no value at all.

However, although some of the investors are great fanatics of meme coins, i think there's no wrong with it as long as they can manage the risk. Investing in  meme coins are very risky so they should be very careful for that. I suggest try to focus on coins with high utility cases as they are more profitable rather than investing in meme coins which could only bring  losses in the end.
2606  Local / Pamilihan / Re: NBA discussion, betting and etc. on: January 06, 2022, 01:59:22 PM
Congrats sa mga nanalo kanina. Pag usapan naman natin ang games bukas, 4 games lang kaya bet na tayo sa lahat ng games.

Mga bet ko ngayon, subject to change pa depende rin sa mga picks ninyo.  Smiley

1-New York ML
2-Memphis -12.5
3-Warriors -3
4-Clippers +12

Pinakagusto ko ang Warriors kasi everytime matalo sila, nananalo sila sa next game.
2607  Economy / Gambling discussion / Re: 2022 NBA Season on: January 06, 2022, 01:20:33 PM
I don't know if I'd say he could be the best player on the team.  Durant is his teammate and he's literally the best player in the world, so Kyrie will always be at best the second fiddle.  I would say he is a distant third to James Harden also, but this year with the rule changes Harden has been ineffective driving in the paint and has basically been forced to dish or shoot 3 pointers.  Kyrie coming back will hopefully help that a bit.  Durant had 39 points on 15-24 shooting...  Pretty crazy.  They also scored 35 points in the 4th quarter to come from behind.  A nice victory to welcome Kyrie back.
I didn't expect that from a debut but what I didn't expect more is the way he talk now in the interview (good) and how he managed to avoid having any locker room issue. He is pretty welcomed by his team mates and also had fun watching him or just being with him on the sidelines. He should keep up this new Kyrie Irving and throw the old one.

Warriors on the other side defeated badly by the Mavericks even without the Unicorn to help them out. Luka Doncic didn't fail to initiate the joy in American Airlines Center because after the game was the retirement of Dirk Nowitzki's #41 jersey. That was an emotional moment.

Good job for the Mavericks, when we are thinking that the Warriors are unbeatable then suddenly there comes the Mavericks who dominate them. It was a nice gift for Dirk Nowitzki, fans will never forget him as he is the only one who gave the Mavericks their championship.
2608  Economy / Trading Discussion / Re: Stop or continue trading on: January 05, 2022, 08:50:09 PM
One thing is to keep in mind is that there is no way to allow panic trading activity. You may have made a lot of losses but now you think that the market will turn again you will make good profit that is why you want to start trading. But if this is wrong decision then you will lose more. I think better to do more analysis about the market, expect you can make better decisions.
I think despite of all losses, its a good decision to try trading again with more knowledge and good analysis so you can regain all your losses. Because if you'll think that you'll be losing even more, so better not to trade again, i think you will have future regrets.

However, before coming back to trading, make sure that you have analyzed the causes of your losses before. You should have learned lessons from your past. Because if not, then you will be repeating the same mistakes again and definitely end up in huge loss.
2609  Economy / Gambling discussion / Re: Don't bet more than you can afford to lose. on: January 05, 2022, 01:37:24 PM
Inexperienced beginning gamblers should not bet more than $1 to $5.


Wow! isn't it too small for a $2000 based? I mean that's only 0.25% or less than 1%. I know we need to be conservative to minimize the risk but for me, that amount per bet is too low, no offense but it does not bring excitement to me as a gambler.
2610  Local / Pamilihan / Re: NBA discussion, betting and etc. on: January 05, 2022, 01:22:20 PM
Sa wakas nabalita rin si Kyle Kuzma after a long time. Cheesy Gaya ng sinabi ko dati, isa sya sa mga players na consistent ang pagiging inconsistent. Daming chance na binigay sa kanya during his Los Angeles Lakers na ipakita ang pagiging number 3 niya sa Team pero wala inconsistent talaga.

If you remember, nabangko ng matagal si LeBroN James at Anthony Davis dahil sa injury and him, as a number 3 option ng Lakers, ang isa sa inaasahan na mag-step up. Ayun nganga kaya ok na rin na binitawan na yan ng Lakers. Same naman sa Wizards tenure niya, di rin sya masyadong ramdam unlike nung mga kasabayan niya na na-trade na gumagawa ng pangalan sa kabilang team. Kaya buti nga nabalita na yang bata na yan sa wakas at sana ma-maintain niya ang ganyang performance. Smiley

Tingin ko hindi magtatagal ang career ni Kuzma sa NBA dahil nga sa napaka-inconsistent nito at hindi mo maasahan na mapanalo niya ang isang team. If i'm not wrong, nagkasama sila ni Jordan Clarkson sa Lakers dati at gumanda lalo yong career ni Clarkson ng i-trade habang si Kuzma ay patuloy na nag-struggle.
Incosistent siya pero at least mas maganda na performance niya ngayon compared nong nasa Lakers pa siya.
May improvement na kung makikita ninyo dito. https://www.basketball-reference.com/players/k/kuzmaky01.html



Quote
Hindi ako nakapag-post kanina sa pick ko nanalo ako dahil ang pinustahan ko ay yong Suns -5.5 @1.74 vs Pelicans. Akala ko easy money dahil lamang sila ng double digit hanggang third quarter pero dumikit yong Pelicans sa fourth quarter buti na lang ay naagapan ng Suns yong rally nila at natapos ang laban sa score na 123-110.
pero okay pa rin yan kabayan kasi panalo ka rin naman, kahit -10 pa kaya dahil 13 points lang naman lamang nila sa panalo.
2611  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 2022 is the time to buy or sell? on: January 05, 2022, 09:03:44 AM
I will continue to buy, I have a target to invest around $100 per month and use them as cryptocurrencies for investment when I retire, some of the coins I will continue to buy are BNB and MATIC because they look convincing.
Good luck with your strategy for doing DCA monthly with those cryptos. But why not allocate maybe half of it for bitcoin because many believe including me that it's the best for the long term if you're looking upon to your retirement. I already have my own allocation for my retirement and it's on bitcoin because I know the fact that bitcoin is the best in terms of long term and it's not going to have a floating future. Although I think those two are good projects you've mentioned.
I agree on you. If you are thinking for your future retirement, then always see to it that the biggest allocation will go to bitcoin knowing its the most profitable coin in the crypto market. Although its good to diversify your portfolio, but prioritizing bitcoin will always create huge profits in the future as its more reliable when it comes to long term hodling. But i know in the end, you will decide on the what's the best for you. So good luck and keep the faith.
2612  Bitcoin / Bitcoin Discussion / Re: Nayib Bukele prediction: 2 more countries will adopt Bitcoin as legal tender on: January 05, 2022, 06:53:24 AM
I was expecting him to drop some names and inside info, but he literally just says 2 countries. That's vague as one can be. But let's say, for the sake of the argument, that he is right, I imagine those 2 would be of the same economic stature as el salvador. I don't se any big names adopting it in a way they did, and not anytime soon. And maybe that's for the best. This seems to be going too fast for it's own good.
Same for what i expect that he'll be dropping those two names of countries. But this thing is already expected that there will be more countries who will adopt bitcoin as a legal currency and i know it will be happening in the near future.

However, Bukele's first prediction is close to its realization as bitcoin will certainly reach $100k few months from now once there is no bearish season. But no worries, because after its bearish season, i think a bullish season will appear and in less time, we will soon to witness $100k as new bitcoin's ATH. It could be this year or the next year around.
2613  Economy / Trading Discussion / Re: How many consecutive looses can you handle in trading? on: January 04, 2022, 11:36:23 PM
A strategy is not "less effective" it is more like the strategy is not fit on the market situation and a different youstrategy is much more suitable than to it. But if the strategy failed at least 2 or 3 times I think I need to change something on that strategy and improve it.
This is the reason why a trader needs multiple strategies so he can use a strategy which will suit to the condition of the market. But if you think you are not making profits anymore even if you have used a lot of strategies, maybe its yourself that has a problem. If you can't be more patient, you'll end up in losses definitely. And always see to it that you are also growing in terms of knowledge and understanding of the market.
2614  Economy / Speculation / Re: Elsavador President Predicting $100,000 Bitcoin price looks like another joke on: January 04, 2022, 08:04:33 PM
Bitcoin came close $69k making it very hard to totally write off the prediction though it didn't meet, but then it was somewhat reasonable but ended 47k at the end of 2021 not even on half mark of $50k.

But as a new year reassurance for 2022 Elsavador president Nayib Bukele predict once again that BTC will hit $100,000.
Any higher end prediction about bitcoin will become true one day as bitcoin is going to remain bullish in long term which means you can blindly speculated anything about bitcoin without mentioning about the time frame then that would become true one day. This is like betting on the potential of bitcoin but due to deflationary characteristics, your bets will be winning easily.

Bitcoin was supposed to be testing the $100k by end of  2021 but covid19's negative consequences must be one of the reason which influenced the slow down in the growth of bitcoin. But, you can watch high level of hype is still remaining about bitcoin which is going to the driving force to take bitcoin to $100k regions very soon. 
I think some good analysts have already predicted for bitcoin to reach $100k by 2021 but things  have went wrong last year and Omicron also started to appear at the last quarter so definitely, the year end was not really positive for bitcoin.

But we are now in 2022 and high predictions for bitcoin are about to be realized soon. Bukele is just right at his prediction, $100k is very possible for bitcoin especially that we are looking forward for a bull run this year. So just relax and enjoy the ride, soon we will see bitcoin skyrocket again and goes to the moon.
2615  Alternate cryptocurrencies / Altcoin Discussion / Re: The faith of Altcoins in 2022 on: January 04, 2022, 08:55:07 AM
I still believe in altcoins. This hype will last a very long time. with NFT, metaverse, DEFI, and many more potential altcoins in the future, it makes my confidence unshakable. maybe speculation is growing too fast not compared to market conditions. but therein lies the potential of altcoins. perhaps speculation is the biggest influence in the development of the altcoin and bitcoin market.
So far there hasn't been the slightest sign of the market continuing to develop and the beginning of the year is still the same as last month, namely in the correction stage so it's still difficult to be certain about the hype and others even though there has been a lot of speculation that has been born in the crypto space.

Well it takes time to develop something like metaverse, we can't always get good news about the growth of new projects they need to do some research and research over time. Just let the market take a rest for a while, while we are buying the dip  Cheesy. I'm not that hype about coins or altcoins this year because when watching the trend for the market to recover it takes a couple of years. 
Altcoins have their own potentials to grow but we can't expect for them to never dump as we are currently facing a correction. But once this correction will be over, and the market becomes stable again, then we can witness altcoin projects start to boom especially if an altcoin season will be visible this year. For now, let's just enjoy buying while prices are still declining. Popular altcoins with strong foundation will grow eventually but let's just wait first for the market to recover.
2616  Economy / Trading Discussion / Re: How do I know legit and scam investment? on: January 03, 2022, 11:42:02 PM
I have come to realize that most of the real investment do look like scam.

In this cryptocurrency market, investing in bitcoin for the long term is the wisest thing to do and safest, invest in new altcoins and run a high risk of losing money

meanwhile the scam looks like the real once,50 percent of us  here have been scammed in one way or the other, But still yet we call ourselves good investors meanwhile we are investing into the wrong company.

I've been deceived too, it makes us create experience

We really need to know the good and real trading company because they are all like the scam.Do you really know the difference?

Of course I know the difference that's why I avoid putting money in meme coins for example
Well, meme coins may seem legit in the beginning but when you started losing because its value falls drastically, that's when you realized meme coins have turned out to be scammed projects in the end.

However, legit projects have real and solid foundations and and are sometimes seen to be scams because they only grow very slowly. On the other hand, scam projects are even considered the legit ones because the rewards are definitely too good to be true that you will realized in the end if this is really existing. But if you are knowledgeable enough, you won't fall from this kind of project.
2617  Bitcoin / Bitcoin Discussion / Re: Who is really controlling the Bitcoin market. on: January 03, 2022, 09:12:48 PM
People always say that they are are waiting for the price of Bitcoin go down before they go into the market for trading and at the same time nobody can predict the market.
Now is the market been manipulated? Or it all depends on the numbers of investors who invested.
There is something we need to understand about Bitcoin.
The more the demand of Bitcoin the more the increase take place.Can anyone predict the market?
Because people are waiting for the decrease in price and are they predicting the market or not?
I don't think have a better understandingn on how Bitcoins
the only one that can control the market are those who have big capital or known as whales and they are the main reason why the growth rate suddenly change and chart becomes very hard to analyse.. So if you don't have enough information how to identify them when it orcomes trading surely youwill end losses always. That's why its always recommended to study the market first before doing anything because you cannot protect your capital when those whales is very active in the market. Knowledge is a must so better educate your self more.
There is nothing we can do with those big whales as they will always manipulate the market whenever they want. And as much as possible, the end result will always be for their own advantage, depriving those regular investors from their own chances.

Well, no one can really control the bitcoin market as it cannot be controlled because its decentralized. But, in most of the times, the higher growth of massive adoption  can create positive price for bitcoin. Also, the market trends and sentiments will always affect the price of bitcoin and altcoins in the crypto market.
2618  Local / Altcoins (Pilipinas) / Re: AXS and SLP available now on Coins.PH!!! on: January 01, 2022, 09:51:51 PM
5k Php plus sa paggawa pa lang ng AXS at SLP receiving address, i don't think na tatangkilikin ito ng mga Pinoy not unless kung Ronin blockchain gagamitin nila pero i doubt na gagawin nila yon kasi walang bayad yon, if i'm correct.

Pero okay na rin to dahil at least napansin na rin ni Coins.ph na dominant yong mga Pinoy sa larong Axie.
What the... I guess hindi talaga sustainable ang ganyang sistema kung yan talaga ang magiging patakaran nila hanggang sa huli kasi talagang mga whale na Axie gamers lang yan sa Pinas ang posibleng gumawa. Pero kahit pa ata mas pipiliin ko parin mga cheaper alternatives kesa makipagsapalaran sa ganito.

Wait lang, sa mga new accounts ba yan? Kasi old account naman ang coins.ph ko at kung i click ko ang SLP at AXS, makikita naman ang receiving address. Curious lang din ako kong totoo, bakit ang laki naman, parang hindi rin naman affordable at easy money na naman dito ang coins.ph.
2619  Local / Pamilihan / Re: NBA discussion, betting and etc. on: January 01, 2022, 09:25:18 PM
Going forward, isa nalang muna para bukas, Warriors vs Jazz, sa Warriors ako ML.

Magandang laban to, dalawa sa pinaka-mainit na teams sa NBA ngayon for a New Year's treat to the fans at sa mga NBA bettors  Cool.

Sasabayan kita dito kabayan pero kukunin ko yong may HC para kung dikit ang laban hindi tayo kabahan hehe, wala namang balita na hindi maglalaro para sa dalawang koponan so this would be a exciting game kasi nakabalik na si Mitchell para sa Jazz.

Warriors +5.5 @1.82 vs Jazz....

GL.

Layo ng spread pag ML ka sa GSW @ 2.65 mukhang wala pa rin si Green kaya medyo dehado ang GSW at dahil na rin sa maglalaro na si Mitchell, pero kung susumahin kaya pa rin naman ng GSW kung maganda ang ipapakita ng mga role players, may tulong pa rin naman na makukuha si Steph at malay natin lumabas ulit ung inaantay nating Curry lalo na sa last quarter.

Pag nagpasabog ulit ng mga 3 points ang GSW malamang magandang laban mangyayari, palagay nyo ba high scoring game to?

Nag aalangan ako sa early bet baka magkamali, abangan ko na lang sa live baka sakali tama ang maging timplada..  Tongue Wink

Wag matakot bro, Warriors yan kahit wala pa si Green basta nandiyan si Curry kaya pa rin nilang makipag sabayan sa Jazz. Kung hindi nila kayang limitahan si Curry, gaganda ang opensa ng Warriors at gaganhan lalo ang teammates ni Curry. Maganda nga yang ML kasi minsan lang magiging underdog ang Warriors.
2620  Alternate cryptocurrencies / Speculation (Altcoins) / Re: When bear market? on: January 01, 2022, 08:46:40 PM
I've made huge amount of money in crypto space since 2020 and now I'm more interested in bear market, with the way things are going now it looks like accumulation rate will keep getting rid of bears for a long time, I'm just curious is bear market really coming? If yes what do you think will cause the next bear market?

Sorry if I sound annoying 😅 I just want me some top altcoins at cheaper rate for next halving season

You are not annoying, whether we like it or not, the bear market will come as that is part of the cycle of crypto. Yes, you can buy cheap coins during the bear market as that's the best timing for accumulating coins in preparation for the next bull run. This year might be a bear market, so get ready with your budget to accumulate more, then all you have to do is just hold and be patient as that's the simplest and yet an effective method to achieve your goal.
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