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2861  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: May 25, 2021, 12:06:28 PM
Mark Pingris has already retired in the PBA.
https://www.spin.ph/basketball/pba/marc-pingris-calls-it-a-career-after-playing-16-years-in-the-pba-a793-20210525?ref=home_feed_1

Quote
ONE of the pillars of Purefoods’ 2014 grand slam team has just been taken down.

Big man Marc Pingris announced his retirement in the PBA after a colorful 16-year career, highlighted by his major role in helping the now Magnolia Hotshots complete a season sweep of all three conferences seven years ago.

The 39-year-old forward dubbed ‘Pinoy Sakuragi’ made the announcement on his social media platform on Tuesday night.

"16 years na din ako sa PBA pero alam ko na ngayon na ang tamang panahon para umpisahan ang bagong chapter ng buhay ko," Pingris said in a long post in his Instagram account.

We will never forget the Pinoy Sakuragi.
2862  Economy / Speculation / Re: Is $65,000 the peak of this bull market? on: May 24, 2021, 11:08:24 AM
Do you think $65,000 represents the peak of the current bull market?

I guess so, we might need more time to see that price again as we are heading to a bear market.

The hype is gone, Elon hype is gone so people have nothing to follow anymore.
I might be wrong, I would be happy if I am but this is what I'm seeing now, it's hard to expect something that I'm not convinced will happen.

$20k is possible, $10k is unlikely.
2863  Alternate cryptocurrencies / Altcoin Discussion / Re: Shopping time guys. Fill your bags now. on: May 22, 2021, 10:26:17 PM
We have been thinking and waiting for a big big dip after watching markets going constant upwards. Now is the time you should buy your favorite alts and wait for their recovery, this is not a financial advice so do your research before buying anything and stay away from futures, so many traders got rekt few minutes ago. You can wait too if you think the markets are going to present more circus before the dust settles.
Agreed. We all have been wishing BTC and other crypto prices come down so that we can fill our bags. We were like oh I won't miss this opportunity again if I get to buy BTC below $30k etc.
Now many alts half come down to almost half of their ATH, now is the time to invest.
Remember there will soon be bull Run again and this time it will again make new record.
This correction is definitely a good opportunity to fill our bags but it does not mean that we should buy all the coins around since their prices have been reduced. DYOR should still be the first thing to do. If you think those coins have high potentials that will have more rooms to grow, then start buying them.

We should never see this correction or dips be our hindrance to make profits in crypto. If we start investing today and be patient while waiting for the coins to recover, then we will create huge profits in the future when their prices have risen into their new ATH.

2864  Economy / Economics / Re: Are we entering bear market? How low will btc go in the coming year? on: May 22, 2021, 05:28:50 PM
I don't think that we are currently entering the bear market because from what I am seeing, the price of bitcoin is still in a healthy value or price so that in my own opinion the market is still not in a bear market. Another thing is that the price of the altcoins including the Ethereum is still at an upper price. Just imagine that the price of the bitcoin is $30,000 and still not dropping in the $20,000 which is the normal price or the last ATH of the bitcoin.
The price of bitcoin might won't go down to $12k again. It will have its drop off but i think it will not go down below $20k. Bigger institutions have been supporting bitcoin these past few months so definitely, it has a stronger back up and fundam entals compared to the previous bearish trends.

But this is not really a sure thing to happen as we know since day 1 how volatile bitcoin is. All we have are still pure speculations but it's not really an issue. We know that when bitcoin reaches its dip, the next thing to happen might be reaching another ATH again.
2865  Bitcoin / Bitcoin Discussion / Re: Oh, market manipulation is finally bad now? on: May 22, 2021, 05:04:17 PM
How come almost on-one didn't bat an eye when Elon was pumping BTC by tweeting about it? In fact people were encouraging him to tweet about BTC or doge, and now it's suddenly market manipulation and potentially illegal when he is tweeting shit about it and it's going down?

Ha ha  Cheesy You are absolutely to the point. This might give a heartburn to a lot of people.

One thing that we need to take account of is that Bitcoin and Crypto markets are still not mature enough. Any single tweet from a celebrity can cause a jump in prices or a plunge in prices. Therefore, until we reach a more mature market for Cryptocurrencies, we have to be wary of these kind of situations.
The present condition of the market is not just all because of Elon Musk. Yes he is trying to manipulate the market, but we should never forget too that the market alone is very volatile. So we should always expect for sudden jump or plunge of the prices.

We are currenty in dip right now and it saddened us particularly for those investors who just came in when bitcoin was still in its high peak. But we should not resort into panicking just because of this. Bitcoin  will have its own time to rise and its already proven with its past struggles from long bearish season.
2866  Alternate cryptocurrencies / Altcoin Discussion / Re: I lost all my crypto gains this not fair! on: May 22, 2021, 12:45:26 PM
I had 3k on pancakeswap and did almost 4x now is return to break even.
I had Ethereum 4.7 now its 2k
I had ada $2 now is 1.5
Also I lost in ogn

I lost a lot of money on crypto more than 8000$

Is it recoverble this year?
It is really regretting but to assess this situation, there is nothing to blame but just yourself. Why you never sell it when the price is still high?
It is common problem to us is that we usually think positively, we neglect to think about a possible dump.

There is nothing to talk about negatively and putting yourselves for this. There is a time like this in crypto and since we never knew what will happens next, we mostly think that there is more. However, it didn't look so good, and the market will not give us a favor all the time.

Take this as a sort of learning and in this way, it helps for you to understand what is crypto investment.
2867  Alternate cryptocurrencies / Speculation (Altcoins) / Re: bloodbath! on: May 22, 2021, 12:28:59 PM
Bloodbath is over, bitcoin is slowly recovering now and we are gonna see it trading at $40k.. The bloodbath was just a blessing for those who trust as they can accumulate at a cheap price, bitcoin will recover, then altcoins will follow. I'm expecting a green market in the next few days.
Staying at 40,000 level again https://coinmarketcap.com/currencies/bitcoin/ i think we can safely say that Bloodbath is already gone and now greening take over.

How much did the buyer profit now when the price dip down 30k and they managed to buy

30 instant percent?

i did not add Bitcoin on my holding but instead i choose Ripple and yes i bought at 90 cents and now climbing to 1.18$ already.
Honestly, you'll be lucky that XRP just pumps. Have you already sold it now? Because if that happens to me, I don't hesitate to sell it.

Back then, Bitcoin seems too hard to sustain at $40k, it was at $38k at this post. It has to say that huge corrections are still waiting for us and it might happen any time. So maybe we have to prepare for that and we can't leave the confidence that prices will increase if the situation will remain like this.
2868  Economy / Trading Discussion / Re: Seeking trading bot or similar. on: May 22, 2021, 11:22:29 AM
You can find a lot of Trading Bots in the forum and but just to remind you that their functions still relying on you. You will say that could automatically perform stop-loss, that depends on your command. However, it wasn't all the time you will depend on bots, it is also a need for you to check them from time to time so you were also aware of the market trend, and also you could able to see the status of your trading.
2869  Economy / Trading Discussion / Re: Failed in trade it's not joke. on: May 21, 2021, 11:22:41 PM
If you lose in trading it wasn't mean that you are already in failure. Of course, it wasn't a joke as you are losing money. But what many traders do is to use this bad experience to improve.
As you are learning in trading, you can't ignore this possibility. Yeah, only risk-takers can take this and I think you can do it. But I have to warn you that don't get too emotional. Trading is not a joke, in fact, many people had already took their life because they can't accept losses, and I hope this will never happen to you.
2870  Economy / Gambling discussion / Re: 2021 NBA Season on: May 21, 2021, 12:50:19 PM
But Lakers have the experience here, that's there main advantage here. Scratch the regular seasons game, this is play-off so everyone needs to step up and hope we will see a good first round match-up.

I agree with you, Lakers might win this series but Suns here will definitely give the Lakers a tough series. What I saw in the Warriors game convince me to bet against the Lakers in game 1 of the Suns vs Lakers series, I like the Suns here before the Lakers will figure out how to beat them.

The Suns will definitely give the Lakers a harder time to win than the Warriors as they are more complete. The backcourt duo of Paul and Booker alone will give Lebron headaches  Smiley. But i think the Lakers are ready for them and they will use their size against the Suns so i'm betting them on ML. Have observed that almost all of the favorites won in this play-in so i think betting against it is a bad idea.


I heard that this is the first game in NBA history betting where a team coming from 6h position in favorite to beat them team from 2nd position but let's be honest and admit that Lakers were down so much lately just because Ad and Lebron did not play so starting as favorites for bookies it's the right decision. However, don't think that Lakers will have an easy game because they will certainly not ...imagine being Suns and dominate pretty much all the season and then losing to Lakers without a proper fight ?  I think Suns will push Lakers so hard that they will empty their gas tank.

Lakers would not be the favorite here if they did not start being the number 1 team. We all know that Lakers only struggle because of the injury of Lebron and Davis, but they are back healthy now, so the expectation is now high for the team. Let the Suns prove us wrong, if they really are a legit team, they have to beat the Lakers in this series.
2871  Economy / Gambling discussion / Re: NBA 2020-2021 betting on: May 21, 2021, 12:32:17 PM
Here's my pick.

Game: Memphis vs GSW.

This is an elimination game, Warriors looking good but I don't think they'll win easily here in case they'll win.
Their record is 2-1 this season,  Warriors have the edge, but with the number of players not available for the Warriors, it made me think that Memphis could make this a very close game.

Therefore my pick is Memphis +4.5, GL everyone!
Bro, my heart goes against it. My bet is mixed with emotion and also being a fan of Steph Curry so it's not a good advice to tail.
It's a bet to cheer for them filled with excitement.
My pick - Golden State Warriors -4.5
Their last games against each other total scores was 219,214,214. With the playoffs spot on the line, will they even score higher than 218?
One more risk to take. I'll go over 218.5.

I'll go with over 218.5 as well. It's a close game IMO, so OT is possible.

I like the Warriors -4.5 too but I'm not too confident as I was a bit disappointed with their defense on their previous game.
2872  Bitcoin / Bitcoin Discussion / Re: This isn't the first time the dip has happened on: May 20, 2021, 11:55:50 PM
As long as the market remains decentralized, we absolutely have to see and experience this all the time. But talking about HOLDing, it gonna be depending on the situation and I don't suggest people do this always. It is sometimes we have to sell because that is the only way we can generate profit and don't become a victim of false hope as not all the time the price is high while dumping is inevitable.
2873  Economy / Trading Discussion / Re: Trader took his own life after the recent huge dump on: May 20, 2021, 11:19:51 PM
He was broke and desperate, He takes all the pressure but too unfortunate that he can't manage it all. But damn, it is a stupid decision.

If we have some problems it is very important to share them with any of our family members or with our friends. We need some advice, it sometimes could heal what we feel, and gives us comfort, if he is doing this earlier, he couldn't think about this for sure. And most important is to keep our mind healthy at all, minimize stress, and always positive. Everyone shouldn't just have to ignore this.

RIP
2874  Alternate cryptocurrencies / Speculation (Altcoins) / Re: bloodbath! on: May 20, 2021, 06:19:35 AM
Bloodbath is over, bitcoin is slowly recovering now and we are gonna see it trading at $40k.. The bloodbath was just a blessing for those who trust as they can accumulate at a cheap price, bitcoin will recover, then altcoins will follow. I'm expecting a green market in the next few days.
2875  Alternate cryptocurrencies / Speculation (Altcoins) / Starbase pumped! on: May 20, 2021, 05:56:30 AM
https://investorplace.com/2021/05/starbase-crypto-star-coin-rockets-after-musk-shows-off-unrelated-starbase-sign/

Quote
Starbase Crypto: STAR Coin Rockets After Musk Shows Off Unrelated Starbase Sign

Who ride in this coin, I just seen it pumped and I think it was not really the coin that Elon was referring.
Lucky are those who have sold during the pump.

Now it's already dumping.. https://coinmarketcap.com/currencies/starbase/
2876  Bitcoin / Bitcoin Discussion / Re: Is someone worried about the recent decline of BTC? on: May 19, 2021, 11:56:12 PM
Not only is it bitcoin, it is the entire cryptocurrency market that has fallen by at least 30% of its value.
Now is the time for developers to draw among their objectives that their projects be eco-friendly, I also think it would be one of their best features.
Bitcoin is proving that if everyone wants to win, it must be the first to do so.
Bitcoin forever and hodl we have no alternative, the system was designed like that.
Yeah, and it was acceptable as it was featured to be like that, we can never change this no matter what we do. And those who can't understand that situation will start to panic make their sell this time. I don't wonder about this as always it happens.

But I don't say we have to HOLD. if you think that selling could help you and think that it was necessary, then that gonna be your choice. And besides, many were also selling before the bearish season will come. 
2877  Economy / Trading Discussion / Re: holding is not an easy thing on: May 19, 2021, 11:34:25 PM
snipped
Thats the risk of buying at peak price since the market is unpredicted. However as long as you dont sell, your asset is still intact, you dont lose anything and thats the importance of holding. Wait patiently until the price reach your desired value.

On the other side investing the money needed for everyday needs are really not advisable. How can you hold if you already need the money? Holding is not only for rich people, anyone can do it as long as you're determine and has a set goal. Investing the money you dont need for long period so you wont be tempted to sell.
Then that is to advise that invest only the amount that we can afford to lose. It won't a big deal for rich people if they were able to see that the price will decline as they can manage to hold it but this could be a challenge for those who just rely on the profit that they got from their investment for their daily needs. And the selling could be their temptation, and it is too hard to manage our emotions if that will be the case.
2878  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is it right time to Buy Alt coins now? on: May 19, 2021, 12:50:32 PM
YES, this is the best time for if you just wanna start to invest in Altcoins,
because all of altcoins's price are falling down significantly, so this is the best time to buy tight now, so that you can earn proft as many as possible after the price is going back to normal.

But be careful, now because altcoins are down, that doesn't mean they will easily rise. What if we are already in the bear market? We cannot expect a bullish movement if we are in bear market, and I have never seen bitcoin dump this low this year, so this is serious, just be patient, wait for more dump I guess.
2879  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bull run is over? on: May 19, 2021, 12:10:29 PM
It is really hard for me to speculate over altcoins right now as their price drop just because Bitcoin is heavily dumped in last days. I think we are not there yet: I mean bear market. But this bear trap is so attractive to many investors, they may crash coin market without a reason, which is sad. I still hodl my both bitcoin and altcoins like Ethereum, BNB, Cake, GET Token etc.

Bitcoin is dumped by 13%, that's only a 24 hours dump, I think that's the biggest this year so far. Because of that, altcoins dumped more than btc dump, some dump over 20% and that is too big for 24 hours movement. Bitcoin dominance is still at 41%, it's still low, investors has no choice as altcoins and bitcoin are both dumping, let's see how low bitcoin will dump, hopefully it will not go back below $20k.
2880  Alternate cryptocurrencies / Altcoin Discussion / Re: A question no one ever asked on: May 18, 2021, 10:53:10 PM
Pump and dump, bearish and bullish...people ate expecting this since before and that is why they never ask it again as it was not necessary and I think that we already understand that the market stays volatile. If that we wait another 4 years, another halving to come in order for the market to recover and turns to bullish again? I know people are still willing to wait that the same thing as what they do before the 2020-2021 bullish season has arrived.

And this situation isn't just happening in crypto but also in the stock market, so people need to bother themselves by asking this question as they know this already.
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