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2761  Economy / Gambling discussion / Re: Liberalization of cryptocurrency in Ukraine - attractiveness for Gambling ?! on: September 17, 2021, 10:49:19 PM
I do not yet fully understand what will be offered by the casino casinos in Ukraine. Can it give us leeway on our identity, or is it as already mentioned that this business still applies KYC. As someone who lives outside Ukraine, we are not fully aware of the rules that apply to outsiders when they want to gamble, do they have any different rules?

In this case, the advantage for migrating / opening a casino will be:
- tax holidays for gambling business
- the official status of the cryptocurrency (as an additional tool in the world of gambling)
- very comfortable tax rates
This is why we have to understand the ToS before playing on any crypto gambling site, if you feel unsafe then better not to play at all. There’s a pros and cons of legalizing gambling in Ukraine of course, and its for them to find out that because we are living outside Ukraine, but if they make legalize Cryptocurrency that’s the only time for us to get affected positively.
2762  Alternate cryptocurrencies / Altcoin Discussion / Re: Should you sell ethereum and btc to buy Solana/SOL? on: September 17, 2021, 09:52:35 PM
There’s a huge pump with SOL recently but that is not enough for me to sell BTC and my ETH because they are all good to hold, and if you really want to buy SOL better to use fresh money. Looking at the price of SOL right now, it looks like the peak was already hit and the price starts to enter into a sideway trend so if you’re still planning to buy, this might be the best time to enter.
2763  Economy / Gambling discussion / Re: Arizona has legalized fantasy sports betting! on: September 17, 2021, 09:33:03 PM
Is there any supporting links about this one?
Though legalizing Gambling is always a good news for the gamblers especially on that area. I’m not familiar with the game but in general, this is what the gamblers wants and its good that they are slowly making things legal. This might be a reason to increase their collections in taxes, they need more funds for sure.
2764  Economy / Trading Discussion / Re: Did you profit from the dip on: September 17, 2021, 08:55:10 PM
It's very easy to say that you can profit from a market dip. Lets say that the market takes a dip and then you bought some coins. What if the market dips even further after few days? You will then have to buy even more to reduce your average buy price. Or you can just keep waiting for the market to recover. What if it takes years? What if it never reaches the point that you were expecting it to reach? It's all risky. But without risk, you get nothing.
This is a difficult question to answer and it is painful to buy coin and noticed that the coin had fallen to a price level which is farther than what you initially bought it. Some traders are still holding there losing thinking  the market is going to come back to the level they bought it. People that bought at $62k are still patiently waiting but for how long are they going to wait.
They are trapped either for long term purposes or they didn’t create their cut loss price and now they have to wait a little longer as we failed to break the resistance. Though every dip is an opportunity to buy again, you may not have profit for now but when the market recovers, you’ll also get what you deserve for buying during the dip. I mostly invest on bear trend, its a good price for entry.
2765  Economy / Gambling discussion / Re: Best time to play online slots on: September 17, 2021, 08:38:52 PM
Do gamblers really prefer a specific time to gamble because they believe that’s their lucky time?
Personally, i do play if I’m bored since slots game can easily be access online, I can play at any time even at my work so for me there’s no best time for this it will just depend on every gamblers preferences.
2766  Economy / Speculation / Re: Bitcoin in 2022? on: September 16, 2021, 10:59:46 PM
Hello everyone.

Where do you see the bitcoin price in the next few months, especially at the starting of 2022?

It's around $45K right now. Experts' opinions are needed.
Many predicted the price of Bitcoin to reach $100k next year and I'm also hoping for that, actually I don't make any prediction with Bitcoin yet but if you analyze the previous trend and chart of Bitcoin, you can just predict $70 - $80k next year are more possible to happen. There's a lot of good news to come and adoption to come, we can expect a more expensive Bitcoin over time, its too bad if you didn't buy yet at a cheaper price of Bitcoin because we might not see the price of $40k again.
2767  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Timing is important on: September 16, 2021, 10:26:20 PM
Wait patiently for the real perfect trend in the market, and don't make predictive interventions; "Timing is important", buy at the right time, and sell at the right time.
Trading is not something to do every day.
 Those who think that they need to trade at any time ignore a condition, that is, trading requires a reason, and it is an objective and appropriate reason.
This will always depend on your strategy, and there's no doubt that timing is very important but you can actually trade everyday, and that's how day trading works.

Indicators was invested for the purpose of trading, so trading without analysis is too risky and pure gambling for me. If you're into gambling, don't rush and take your time to analyze so you wont regret any decision that you'll make.
2768  Economy / Gambling discussion / Re: I think I have a gambling problem on: September 16, 2021, 09:39:55 PM
But I think my gambling might get me in trouble, im not even 18 (4 years away from it) yet and its almost all I think about sometimes. Do you guys think I should make an effort to quit?
This is the real problem here, you are underaged yet you're gambling so for me better to quit as early as possible because you're thinking too much about gambling already and this might really put you in big trouble if you continue gambling, in will lead you to addiction.

You're too young for this, its already good that you're into cryptocurrency, but not to try gambling again, that's too risky for you.
2769  Economy / Trading Discussion / Re: [scalpers] Don't just join a moving train on: September 16, 2021, 01:31:34 PM
Scalping is one kind of trading that requires your smartness to know when to take the available profit and close your trade
It is applicable not only for scalping but also for any trading strategy.

  • Closing your position to protect your capital.
  • In trading, protect your capital is a must.
  • It is best if you earn profit after you close your position
  • It is good enough if you close your position with a draw, just to protect your capital
  • It is bad (but still good enough) if you close your position with minor lose because you still successfully protect your capital
  • It is worst if you don't close your position and let the market closes it via liquidation

Scalping is the most controversial way to make money. My experience for 4 years
Great experience for 4 years and counting, Scalping is also a battle in your mind that you really need to control properly.
Scalping needs a lot of effort, you always monitor the market because you have to buy and sell right away and honestly, analysis might not be useful on this kind of strategy because its more on the trend and you must knowledgeable to gain profit. Securing your capital will allow you to continue to trade, so better to do everything to protect it.
2770  Alternate cryptocurrencies / Altcoin Discussion / Re: Get married in the blockchain? on: September 16, 2021, 12:31:48 PM
Blockchain are getting weirder now, why people would marry using blockchain address? Probably this is a new way to earn easy money for them and to fool people. If you really want to get married, go on a legal way that's more fun and it can last longer.

We might not talking the real marriage here, maybe we just need to know if this is part of the project and their purpose, might also be a part of Airdrop or giveaways, but not the actual marriage I guess.
2771  Economy / Gambling discussion / Re: Gambling awareness for adolescents on: September 15, 2021, 11:48:14 PM
Could there be a "something" behind this program?
Why is the target of adolescents?
Possible. But hopefully not.

But certainly, education related to gambling for teenagers who are already prepared is needed, at least they know the basic.
But back again on what the contents of the program. And certainly not only echo the positive side but also seen from the other side.
But if related to the Charity program, this might be useful. But still, the main purpose does not intend to attract these adolescents to be interested in playing gambling always.
Probably the numbers of adolescents players are increasing and there’s a risk of that if they are not knowledgeable enough about gambling, this can be a good start but too late to educate them if they are already into gambling, well this can at least prevent them from addiction. This is not for charity program i believe, its main purpose to educate and not to encourage hopefully.
2772  Economy / Speculation / Re: More Investment to Bitcoin? on: September 15, 2021, 10:34:03 PM
Some country are now accepting bitcoin as currency and the billionaires is now hoarding thousands of Bitcoin. Should I wait for the success of El Salvador's implemetation of bitcoin before investing?
I think if they become a more successful country by accepting bitcoin, others will implement too. There will be more investors and the bitcoin will be pump again?
I just hope I'm not wrong this time.  Huh
Those are good news already and many expect for the price to go up in the coming years so why wait when you can buy Bitcoin now at a cheaper price? Well, this is all up to you.

The success of El Salvador can influence many country to adopt as well but of course there’s no guarantee on that. If you want to hold for long term, better to buy Bitcoin now and wait for the next bull run that can happen any time.
2773  Alternate cryptocurrencies / Altcoin Discussion / Re: Is CoinMarketCap a scam? on: September 15, 2021, 09:44:12 PM
How it can be a scam if its just a monitoring site? Also you can have other option if you think CMC is not fair on their rankings which is just based on their requirements.

To get listed in CMC you have to provide such requirements and also if you think you are qualified to be on top positions, you still need to submit your requirements. I don’t know hows the process but for me CMC is not a scam.
2774  Local / Pamilihan / Re: Nagbabayad na ba kayo ng tax sa earnining ninyo sa Axie Infinity? on: September 14, 2021, 11:33:27 PM
if maganda yung palitan ng slp at marami kanang scholar for sure is tatamaanan ka nitong tax na itong 250k annual income pero kung hindi ka naman mag register sa BIR at still low key kalang naman sa pag axie is tingin ko nga safe naman tayo tsaka hanggat walang nilalabas na batas itong mga ito ay hindi tayo need mag bayad tsaka depende padin naman sa atin if gusto natin sa kanila pumunta mismo eh pero para sakin dapat sila ang mag hanap sa atin, gusto lang naman nila humothot nung nakita nila malaki kitaan dito sa axie. Tsaka yung bitcoin nga dati di na regulate nila ng maayos ito pa kaya.
Masyado lang kase nahype hinde nila alam, mas malaki ang kita ng mga bounty hunter dati and right now yung CIVIC airdrop, marame ang nakinabang ng malaki yet low key lang sila. Maraming opportunity dito sa crypto and hinde naman naten kailangan ipagsigawan, focus lang talaga sa goal kase the more na open ka sa public, mas marami ang maiinggit sayo at baka sila pa ang magpahamak sayo. Malayo pa tayo sa totoong regulation, and BSP should be the main regulator pero until now wala paren talaga.

Yan din nakita kong reason kaya biglang nagpakita ng interest yung bsp sa crypto, tagal ng nageexist ng crypto dito sa bansa natin wala naman
ganyang reaction ang government, yung mga nag hype kasi sa mga social media account nila ang talagang nagtulak sa government para magka idea
tungkol sa crypto kumbaga dahil sa axie income nadamay buong industrya ng crypto, sa ngayon wala pa naman nababalitang nag tax na dahil sa
axie account nila, malamang sa malamang walang nag declare hehehe..
Hinde naman totally danamay ang buong crypto industry kase ang focus lang naman sa ngayon ay sa Axie infinity and for sure, maraming axie player ito palang ang alam hinde nila alam marame pang way para kumita ng crypto. This is a lesson naren na wag masyadong magshare ng information mo especially yung kinikita mo, marame talaga ang maiingit sayo panigurado. With regards to paying taxes, option mo naman talaga yun pero ako I'd rather donate my money directly sa nangangailangan instead of paying the tax.
2775  Economy / Gambling discussion / Re: Concern about the the problem of online underaged gamblers. on: September 14, 2021, 10:42:48 PM
If they're gambler at such a young age, they're going to need some government intervention because clearly the parents can't handle the children and guide them towards the right path in life. We need to teach would be parents and even parents that it's okay to monitor online activities of their children so as to prevent them from being introduced in vices that can be harmful to their formative years and can result in having a bad adulthood.
This can only be prevented if the casinos will ask for a KYC which should not be the first option in crypto gambling since we know, we value our identity and we love to stay private but if those underaged gamblers increases, better to implement this one so we can still save their lives even if their parents are not helping at all. This is alarming, gambling will just ruin their life government should do something about it especially now that the world runs most of the time online.
2776  Alternate cryptocurrencies / Altcoin Discussion / Re: Which one is Best Alts or Defi Coin? on: September 14, 2021, 10:32:13 PM
Actually, from the past few years the Defi Coins are very popular b/w the investors, but I am confused Is Defi bes Best from Alts?
What specific Altcoins you're talking about because DeFi is an Altcoins. I saw a lot of good DeFi project in the past year and until now they are doing good and successfully launch their project despite of having a new trend which is the NFT tokens. If you're into altcoins, make sure you are investing only on good projects, don't forget that there's a lot of fake project, so always careful on choosing where to invest.
2777  Economy / Gambling discussion / Re: G A M B L E R S ❗❗ What are your thoughts on this? on: September 14, 2021, 05:43:54 AM
Whatever games you'd love, you can really play and enjoy it.
I personally loved playing the house games, like crash games online and the dice game but I'm not trying to beat the house because its not possible, I just love playing it. If I do have extra fund, I play poker because I know having a good capital on this can bring you in a longer games. This will always depend on your gambling plan, $100 is already a good amount to start with I'll go for the games that I'd love.
2778  Economy / Gambling / Re: 🚀📈 Satcrash.io - The Premier Bitcoin Crash Game 🚀📈 on: September 13, 2021, 11:58:12 PM
The OP mentioned that no blocked countries and yet, they have a list of blacklisted countries that can be found under their terms & conditions. So why is it the OP stating no blocked countries?

Will rectify this immediately, wrong version of ToS up on site.
I’m actually having a hard time to see the ToS as the site crash upon clicking the login/register but anyway, its good to have a site that focus more on a crash game because this has been my favorite game on most of the crypto gambling site. How much is the minimum deposit to try this platform?

Minimum deposit is 0.00000100 BTC. ToS has been noted thank you. What do you mean it crashes? I'm logged in right now no issues.
I also have the same experience, I’m trying to register and the screen just turn dark without the pop-up, this might not be working well on Mobile or i don’t know.

Any plan to introduce other games or this site is purely for the crash game? Also it’s good if the Rocket are more attractive, not just a line climbing up just like the other crash game, they are good in terms of the design.
2779  Economy / Speculation / Re: The indices that makes bitcoin price on: September 11, 2021, 09:55:19 PM
i have follow the bitcoin chart movement for some time now and have discovered that the market is highly unpredictable, with the sudden crash of the price from 52,000 to 46k this have relieved the fact activities of certain individuals or whales are always responsible for such crash. what is your opinion on this?
This has been the trend, whales knows how to take profit and we should know that one as well. We can’t say that the whales are the reason for the recent dump, though they can really do that but there’s no evidence to support this speculation. The price dump is normal in Bitcoin, its faster compare to any market so get used to it and don’t panic easily.
2780  Economy / Trading Discussion / Re: Trading VS investing: pros & cons you should know on: September 11, 2021, 09:52:09 PM
~snip~
Trading is at high risk, IMO.
A singles mistake that you've made in trading costs a lot and might lose all your funds. Unlike in investing, if you only choose those potential coins, you are absolutely safe and you can surely make a profit. But in trading, that instant loss is possible especially when you are a newbie. And besides, this is not advisable to everyone not unless if we are really sure about ourselves but in investing, having the basic knowledge about crypto is already good enough.
^ Trading and investing is far different from each other and that is right, trading is a very risky part that needs a technical analysis and another strategy that you can use in trading while in investing, it is only needed for you to hold the coin that you wanted to invest and wait for ait until your profit was there. So typically investing here is good if only you invest in BTC not even on altcoins. However, thanks to the OP for giving insight regarding the pros and cons between both sides, we now understand very well the two different parts of this riskier of making money.
There’s a difference yes but the risk, for me its just the same especially in cryptomarket where everything moves faster than what we expected. If you are into trading, you should move faster while investing you still need to monitor the market and of course set up your target price. Investing is not just good for BTC though, there’s a lot of good altcoins as well.
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