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301  Bitcoin / Bitcoin Discussion / Re: From Mining to Gambling: A Rollercoaster Ride in the Crypto World on: November 27, 2023, 09:57:18 AM
Hey everyone, I wanted to share my experience diving into the world of mining and crypto. I purchased three L3+ machines and enjoyed a nice profit from hashing on Nicehash for Bitcoin mining. However, with minimal knowledge, I delved into futures trading, following a paid signal WhatsApp group with just $500. I would enter trades with $200, experiencing some quick wins, making $50 or $100, but ultimately losing it all. Despite earning around $3,000 worth in BTC from mining, I lost it all in futures trading.

Then, I stumbled upon a crypto casino online. I deposited $20 and started playing various original casino games, winning about $350, all in USDT, only to lose it shortly after. Despite winning and losing amounts like $500 or $1,000 from subsequent deposits, I eventually found myself with just $50. I decided to play keno, choosing 10 out of 40 numbers. Luck seemed to be on my side as I made over $100,000 in 14 days. That night, I moved $85,000 to a cold wallet and left $7,000 in the casino to make a daily profit of $200. Additionally, I had $5,000 in Binance. The following morning, I eagerly joined the casino only to watch in dismay as I lost $7,000 in just 10 seconds. Frustrated, I deposited $10,000 from the cold wallet, only to lose it in less than a minute. I continued with a deposit of $20,000, experiencing the same outcome. Observing my substantial losses adding up to over $48,000, I then withdrew the remaining $43,000 from the cold wallet and wagered it all in the casino, losing it. Binance also suffered, and in the span of 3 minutes, I lost over $100,000.

That's my story, and I apologize if it was lengthy. I went to bed wealthy and woke up poor again.

Based on the story that you experienced, you went into an investment that you had no idea about, just like a signal on Wattsapp, and you lost a lot. I think that right here there was something wrong done.

The only thing I don't understand is why you let it lead to such an amount to grow even more instead of stopping it. Did you think that if you continued, you would still be able to recover what you lost to them? That's probably what you thought; that's why you were put in that situation. This is just proof that if you don't have knowledge, your investment capital will just go to waste. That's really a lesson learned, not only for you but also for other communities here.
302  Bitcoin / Bitcoin Discussion / Re: Bitcoin vs Altcoins on: November 27, 2023, 09:47:08 AM
The cryptocurrency landscape is gradually taking a new turn and am loving it already. It's like the era of BTC dominance and dictation of other altcoins performance is gradually winding down.

TAO, KAS, BGB, TIA among other numerous altcoins are among those that have recorded ATH recently even as BTC struggle to hold up the $36,500 resistance.

Among other altcoins that have been impressive are ORDI, SATS, VMPX, WOJAK and PEPE1.  

Fortunately there is an ongoing event for new users on Bitget where there is  $10,000 prize pool in the latest Hotcoins season 5 edition.

As we look forward to the anticipated bullrun come 2024, what altcoins are you holding and why do you think they will bring more returns compared to others?

That TAO honestly tried to invest there, and although it was expensive when I bought it, I think it's fine because it moves aggressively every day. I get profit here every day, to be honest.

which is able to help me accumulate in other cryptos that I want to accumulate in the upcoming halving, and I think that if I continue to get profit daily in these altcoins, it is good and in my favor, to be honest. Even up to now, he had a big dump, but he was still in favor because I was with him, so he was able to liquidate somehow. That's why I continue with my trading activity here in Tao.
303  Economy / Economics / Re: Insurance is important on: November 27, 2023, 09:37:06 AM
Specially me I didn't go for the insurance as I have the money which makes me happy as the money I have today is without the insurance and I also earn it from my strength then how could I take my own money insurance.

And specially I didn't like that money for which I didn't work hard how could be a money for which I didn't even try to work and that will be very free I didn't even like to call its my money.

I often choose that type of money which comes through my strength and in which I worked hard day and night and then got that money I can always call it that is just my money and I have to use it now for my will happily.

It is good for you if you have a lot of money that you worked hard for. But with the lifestyle you have now, I think you should also get insurance if you are capable of doing it.

Or it's also possible since, here in the crypto space, if you've already started your DCA in other cryptocurrencies or in Bitcoin, it's also a good idea to make a hold that you think can also give you profit in the future.
304  Economy / Economics / Re: How Much Does Food Cost in Your Country? on: November 27, 2023, 09:27:48 AM
If you prepare food at home that may cost $2-4 but if you order from outside it starts from $3 for junk food and $4 for healthier food. I'd say $5 is average price although there are cheaper options that lower class choose mostly.
Actually you should check out comparisons like Big Mac Index. That will give you a clue about food price differences in countries.

These past months, the price of rice increased, and then after a few weeks, it gradually decreased somehow and then increased again, depending on the situation that is happening in the economy here.

Two weeks ago, potatoes and tomatoes were very expensive, but now they have gone down again. The only thing that has increased now is that the value of each egg is expensive. Because other retailers take advantage and cheat, we, as customers or buyers, are helpless. There are no more products whose prices will not increase in the market; the problem will continue.
305  Bitcoin / Bitcoin Discussion / Re: Hodling vs trading on: November 26, 2023, 11:49:53 PM
For me, it is not necessary to shop for which is the better way to get profit in cryptocurrency because it probably depends on the desire of an individual to enter this crypto business industry, right?

It's just that most people want to make a profit. That's why the majority of the community here enters the trading industry even though they have no idea that they are gambling, and others think it's just gambling. Even though it's not really, holdings are also really safe, which can be said if you choose Bitcoin right away, but if it's crypto, the risk is also quite high.
306  Local / Pamilihan / Re: Kalimutan ang tungkol sa exchanger search! Gumamit ng BestChange! on: November 24, 2023, 12:32:35 PM
Matagal ko ng nakikita itong bestchange sa totoo lang at isa sa pangunahing matagal naring signature campaign sa forum na ito. Na kung saan ang ibig sabihin ay madami kayong mga users na gumagamit ng platform, ngayon, napansin ko lang parang hindi ko nakita ang paypal sa listing ng platform nio, o baka hindi ko lang nakita sa listing ng bestchange.

Saka yung review sa platform nio ay hindi na kailangan pang silipin ko o alamin, naniniwala naman ako na maganda nag service offer niyo, hindi lang siguro ako nagkaroon ng pagkakataon na alamin ito, pero sa ngayon, na curious na ako dahil sa anunsyong ginawa mo dito sa aming lokal.
307  Economy / Gambling discussion / Re: Would You Crowdfund for a Gambler Who Has Gambled Irresponsibly? on: November 24, 2023, 12:22:24 PM
If its my friend seeking for a help then why not? If this is the best way I can help him survive from that addiction and rise again then I will not hesitate to help as long as he is willing to help himself too. But if a gambler is just raising a funds to support his gambling addiction then totally not, its not good and I will never tolerate this kind of behavior. Gambling can be very risky and if you know someone is already suffering and seeking for a help, try to help him even on a smallest way because it can be a big help for him.

If that's the only reason to do crowdfunding, it seems like it's difficult to participate and support such a concept. Maybe later that's just a modus operandi; you know what it means. It wouldn't matter if everything went through in a proper and legal way; it would be fine, in my opinion.

But as you said, if the gambler himself will not help himself to get rid of the addiction he has, then a friend will do the same to do crowdfunding for him. It seems like the outside is also cheated in the end. Right?
308  Economy / Gambling discussion / Re: Has anyone been able to make steady income with gambling ? on: November 24, 2023, 12:12:23 PM
Has anyone been able to make steady income with gambling ? If yes, what had been your strategy ? Do you diversify to multiple games in order to ensure that end result is always profit ?

I personally feel that there are very less chances of making a steady income with gambling. In fact, if you win a big amount in gambling, from there on , you should play games with less on stake and keep the winnings invested in some good option like crypto. It is important to have self control to end profitably with gambling ventures online. Do you agree with this ?

I can't count the number of people who made a topic like you did about that matter. How can you say that gambling is a source of income if winning here is only based on luck?

That's why it's still better to just do gambling for fun. If you can learn to accurately predict which ones will appear in casinos, maybe all gamblers will be rich, and for sure no one will try to build more casinos.
309  Economy / Gambling discussion / Re: Most gamblers do not believe they can consistently make money, that's why... on: November 24, 2023, 12:02:59 PM
As you've read the thread title, I'll continue the explanation here, as it cannot accommodate additional text. I've come across numerous topics and posts where gamblers express disbelief in the idea of consistently making profit through gambling. It makes me question whether these individuals are truly involved in gambling or if they're posting without the real experiences and knowledge. Personally, I firmly believe that there are people who have achieved real success in gambling. What perplexes me is why many discourage gambling as a means of making money. Instead of outright saying no, they could guide gamblers with the right strategies on how to stay disciplined, enhance skills, minimize the risk of bankruptcy, and increase the chances of winning.

If you're someone who doesn't believe anyone can be profitable in gambling, you might as well consider yourself not welcome in this thread. I'm looking for people who maintain optimism about their chances in gambling so they can share valuable insights.

Now, let's hear your opinion. In 3...2...1... go!

Most gamblers just want to have fun; winning is just a bonus for having fun. But if this is not the priority in gambling, for example, and he thinks that it is a way to make money, even if it is not really, this kind of gambler is not unlikely to become addicted to it.

But, as you said, there must be discipline or self-control in order to be a responsible gambler. And having a character like this can really help.

310  Bitcoin / Bitcoin Discussion / Re: BlackRock CEO is now a marketing Officer for Bitcoin on: November 23, 2023, 02:31:17 PM
BlackRock CEO Larry Fink has expressed complete support for bitcoin, stating that it is an "international asset" that can be used as a hedge against inflation and currency devaluation. This is an important development because BlackRock is the world's largest asset manager, and its clients could potentially invest billions of dollars in bitcoin if the bitcoin ETF is approved. This will surely lead to a huge Smiley increase in the price of bitcoin.

The next bitcoin halving is less than 10 months away. This event, which occurs approximately every four years, reduces the amount of new bitcoin that is created. Soon, the Federal Reserve is likely to be forced to cut interest rates and start printing money again at some point in the next 18 months. This would make bitcoin even more attractive as a hedge against inflation. Cool

However, I believe the next two years could be very bullish for bitcoin. With the combination of BlackRock's support, the next bitcoin halving, and a potential return of QE could drive the price of bitcoin to a new all-time highs.

You can agree with me that;

BlackRock's CEO has expressed support for bitcoin.
BlackRock is the world's largest asset manager.
BlackRock's clients could potentially invest billions of dollars in bitcoin.
BlackRock is considering offering a bitcoin ETF.
The next bitcoin halving is less than 10 months away.
The bitcoin halving will reduce the supply of new bitcoin.
The Federal Reserve is likely to cut interest rates and start printing money again.

QE would make bitcoin even more attractive as a hedge against inflation.

Maybe they did that because they might be hoping that they will be given a chance to be approved by the SEC, and when that happens, for sure, because they have a lot of holdings, they will also get big profits.

So, in my opinion, I will not wonder why they do that. But this is just my opinion; I'm not sure about this yet. But when that is actually approved, it will also be favorable to Tin for sure in the end because there will be many profits on the day of the bull run.
311  Bitcoin / Bitcoin Discussion / Re: I want to fulfill my mother's dream of building a house with Bitcoin. on: November 23, 2023, 02:18:29 PM
Any mother who knows that her child has plans to buy them a house is, honestly, a great joy for a mother. Although most mothers do not want that from their children, Because just seeing that they have raised their child well and are managing his life well is a huge reward for a parent, really.

So what Op is planning, if I look at him, is that he really loves his mother as a child, and it is normal that we reciprocate goodness to our mother or parents because they are the ones who raised us and made us suffer just so that we can live and give a good life and live for the future.
312  Bitcoin / Bitcoin Discussion / Re: Hodling vs trading on: November 23, 2023, 02:08:43 PM
I will say learn from the best and those who have big and large amounts of Bitcoin.
Micheal Saylor, El Salvador President,  Robert Kiyosaki and those you know are real in for the uprise of Bitcoin,  they want to see you hold than they want to see you trade your coins.

Sowhy not adopt the same way they go. If you can not buy the way they do to accumulate and increase your holdings don't panic just make sure you have something doing as that wouldn't lead to you pushing trade your Bitcoin.
People trade for profits too, the question now is are your chances of profit  accumulations sure?

You know in truth that bitcoin holdings are very favorable in the long term for millionaires. But for people who are not like them and who also want to hold Bitcoin, it's fine too, but don't expect them to get rich from Bitcoin because it's very expensive at the moment if a holder who is not rich but wants to get rich in Bitcoin thinks.

But holdings are really the best tools for long-term investment, not only in Bitcoin but also in other top cryptos in the market.
313  Local / Pamilihan / Re: Binance CEO CZ bumaba sa pwesto, at nagkipagsettle on: November 23, 2023, 01:58:58 PM
Pero for sure kahit hindi na si Cz ang Ceo ng Binance ngayon
https://www.binance.com/en/blog/leadership/bio-richard-teng-binances-new-ceo-6819833624741779461

Madami parin ang magtitiwala sa Binance for sure.
Walang ka-alam alam ang karamihan sa nangyayari ngayon lol.


Ito ay sa aking palagay lang naman na nakikita ko, Saka, in fairness, nakakalula yung mga binayaran ng binance sa sa gobyerno ng US 4.3B$ at 3B$ total 7.3B$, ibig sabihin posibleng ang perang meron sa Binance ay nasa trillions of dollars? Tama ba?
Billions. Hindi pwede magka trillion ang Binance kung ang total marketcap lang ng buong cryptocurrency space ay $1.4 trillion.

Totoo na walang trillion of funds ang Binance, pero for sure meron itong billions of funds, dahil kung sa holdings palang ng bitcoin ay meron silang nasa around 600k mahigit na Bitcoin ibig sabihin dito palang naglalaro na ang kanilang fund holdings ng nasa around 21Billions$-30Billions$ wala pa dyan yung ibang assets ng Binance.

Ngayon, sa ibang usapin naman, ako man naniniwala ako na madami parin ang magtitiwalang gumamit ng Binance platform. Dahil aminin man natin o hindi naestablish parin naman nila ang community dito sa crypto space sa totoo lang. Saka wala naman tayong nabalitaang nang iscam ang Binance sa kanyang mga users. Meron ba? Ang alam ko lang madaming naging hacking issue at sinampang mga kaso mula sa SEC but never nang-iscam ng kanilang mga users.
314  Local / Pilipinas / Re: Bitcoin Fee Observer Thread in USD(sat/vB) on: November 23, 2023, 01:35:11 PM
Ano ba ang dahilan bakit ang mahal ng transaction fee ng Bitcoin ngayon? Medyo nag lie low kasi ako, ngayon ko lang napansin itong mataas na transaction fee. Medyo nakakalula! Haha, sana'y bumaba na 'to sa mga susunod na araw.

Meron kasi tayong tinatawag na may mga miners na kung sino yung magbibigay ng mas mataas na fee's ay yun ang kanilang uunahin na kumpeltuhin yung transaction. Parang bidding datingan nya, ikaw yung bidder. Kaya kung ikaw yung pinakamababa huwag kang umaasa na aasikasuhin nila agad yung transaction mo.

Pwede rin naman na isa sa mga dahilan din ay nagbibigay ng mataas ng fee yung mga exchange din sa kanilang mga platform kung kaya nagkakaroon ng congestion sa network ng bitcoin blockchain ngayon.
315  Local / Pilipinas / Re: Ano ang gagawin mo sa sitwasyon na ito? on: November 22, 2023, 09:49:49 AM

Sure naman na hindi nila alam basic information ng hacker, Siguro ang alam lang nila is yung IP address ng hacker but not their real Identity, if that's the case bakit pa nla papaabutin sa  negotiation kung pwede naman directly ihain yung demanda and warrant since sabi nga nila ay alam na nila kung sino yung hacker. Matatalino na ang mga tao ngayon pagdating sa ganyan, alam nila kung for trap lang ang ginagawa sa kanila or hindi. Isa pa sa mga tinitignan ko dito, baka naman mamaya ay inside job ang nangyari at palabas lang nila ito sa mga tao na alam na nila kung sino yung nanghack ng system kahit ang totoo ay isa lang sa kanila ang may gawa ng mga incidents.

Kung malaman nila ang IP address ng hacker pwede ito ma trace ng mga authorities at kun gmay court order pwede nila mautusan ang ISP na i reveal ang information ng isang tao na binigyan nila ng kanilang IP address, gaya nga may mga VPN kung saan pwede tayo mag subscribe para hindi tayo ma trace ng mga hackers at mga authorities, pero sure ako na yang mga hackers ay gumagamit sila ng mga VPN at malamang maraming layers para di ma trace ang IP, matatalino ang mga hackers na yan kaya alam nila na hahabulin sila ng mga hackers at gagawan nila ng paraan para di sila ma trace.
I agree, hindi nila agad malalaman ang IP address ng isang legit na hacker, for sure sobrang daming layers nyan na kailangan idecrypt bago makita at isa pa malaking exchange to at malaking pera yung nakuha nya meaning edukado itong taong to pagdating sa hacking at online activity. Yung sa $10 million white hat reward naman, hindi sya convincing para sakin if I were the hacker, maari kasing bait lang ito para mas mapagaralan nila or bigyan yung sarili nila ng time para malaman yung information ko. If I were the hacker, I'll start moving na kung san mang lupalop ng mundo, ang magiging problem na lang is hindi lahat ng nakuhang pera ay magiging pisikal na pera sa kanya, worth nothing kumpara sa kalayaan na kapalit nito.

Anong bait lang, ang sabihin mo talaga bait sa hacker yan, baka iniisip nila na ganun lang kasimple na maconvice yung hacker sa ganun strategy na ginagawa nila. Pero tulad ng sinabi mo matalino nga talagang yang hacker na yan.

Baka nga naliliitan pa yan sa offer sa kanya, posibleng ganun pa yung mangyari diba? saka tama ka rin malaking exchange parin yang poloniex kaya malamang hindi nya gagawin na manghack kung alam nyang mahuhuli siya ng mga awtoridad sa aking palagay at opinyon lang naman.
316  Economy / Trading Discussion / Re: Let's share some tips among ourselves. on: November 22, 2023, 09:39:37 AM
What criteria do you use when buying and selling? Let's share some tips and expertise.


For me, the three most significant factors are as follows:
1. Bitcoin halving.
2. A decrease in currency value due to economic downturns.
3. Sustained participation and growth of investors.


Therefore, I make a continuous effort to stay updated with all the news to track numbers 2 and 3 consistently.

I'll go for Bitcoin halving because I will definitely make a profit when I can accumulate potential cryptocurrencies, apart from Bitcoin, and other top cryptos in the market as well. as long as the coins you choose are correct.

Are those coins that you are sure also went along with the rise of Bitcoin during the halving period or even before the halving happened? It happens so often in this industry that I've actually witnessed it twice.
317  Economy / Trading Discussion / Re: FALLING FALLING! on: November 22, 2023, 09:27:30 AM

I dont see the double top this is also a weekly candle what I saw is the price is trying to break the 35K barrier and last we hit 35K is a year ago so its good sign, Tho price is exhausting so I believe there will be a correction or stay in that level for long period
If you look at the trend line, I think this is actually a good sign, considering that an upward trend is forming, and currently it is possible that it will experience a decline. If we are traders, I think it is useful to hedge, but if we invest then I I think releasing it would be better, considering that it could happen due to a strong push that the price immediately shoots up, or being an investor, of course you don't pay too much attention to price fluctuations.

Many are looking for temporary fud happening by CZ issue and get afraid to see more dump, but they don't even realize that there's more good thing to happen than that since what happen to those guys is small issue that can easily forgotten by many people. If recovers and it touch at $37k again for sure many people will get hype up again then find another way to accumulate. I also believe that any issue that might occur cannot do further damage since what's more strong now is the sentiment of people regarding on possible bull run effect brought by halving next year. For now I will pay an attention on what will be the movement of the market since for me this is a perfect time to accumulate since the market is currently giving us a discount.

Maybe it's related to Cz's decrease in his position in Binance, so there was a temporary fall in the market, but I am pretty sure that he will recover. So I think, based on what I see in the chart graph, it will be a long position for a while.

Then, sell when you see a breakout in that chart reading. That's the same repeated cycle in the trading activity of every individual trader; in fact, this is if you know something about crypto trading as well.
318  Economy / Economics / Re: #HODLing is not a smooth journey on: November 22, 2023, 09:16:29 AM
Well, if you're guarding your bitcoins 24/7 then it's going to be a rough journey for you because any movement that will happen to the bitcoin is going to test your emotions and the movement is constant and will happen a lot of times. If you really believe in bitcoin then it's a smooth journey for you because you know that at the end of the day, bitcoin will be growing even if the bear season comes and that your waiting for bitcoin to grow will always be worth it. Trusting the process will make your so-called HODLing journey much smoother than you expect it to be.

If you only trade a small amount in Bitcoin, then it's 24/7. I think it will just be a waste of time that instead of doing a lot of things throughout the day, it will just be consumed by your monitoring in front of your laptop or desktop. If it's small, only earnings can be obtained.

I've tried that because, with only a 30–50 dollar daily trade in Bitcoin, the only profit I can make in 12 hours can only be 2–5 dollars, depending on the aggressiveness of its volatility.
319  Economy / Gambling discussion / Re: Is this a good advice? on: November 22, 2023, 09:06:59 AM
I keep seeing gamblers advising themselves that you are one step closer to winning the jackpot when you quit too early,  it's sad that they strongly believe this.

Is this true?

This advice is actually making gamblers believe that they can win when they spend a lot of more time in the casino, they strongly believe that not stopping or taking break will bring them closer to their jackpot.

One of em told me that this is why I don't win, that I only gamble when I feel like, he said constantly gambling is a must if you want to win, but I disagree, because I have seen too many people not knowing when to quit until it was too late.

To me, gambling is a theater, a form of entertainment that I pay for, not a way to get rich quick, for them it's a must to win by force, one question seem to change his mood though.

I asked him why he isn't rich yet if he is actively gambling everytime since all this while, this changed his mood and I took a turn.



Maybe for other gamblers this is their mindset, but I'm okay with gambling for fun and nothing else, because if you think more than this, for sure there will only be consequences that are not good.

But like everybody else is doing, we really need to learn to be responsible and have a limit on gambling so that at least you know how to be a good gambler, right? Apparently, winning and losing are fine.
320  Economy / Economics / Re: What would you do in this situation? Invest or save? on: November 21, 2023, 08:24:01 AM
If you have plans to start a dream business that requires a capital of  $20,000 and you were able to make a savings of $15,000 which obviously isn't enough to start up the business, what would be your decision or advice?

1. Invest the $15,000 into a smaller business hoping that the returns will yield the remaining $15,000 in a short period. Note that this has the potential of failing and wasting the already-saved  $15,000.

2. Keep the $15,000 while doing other work that will yield the remaining money over a long period.

Would love to see your input or a better suggestion apart from the ones I pointed out above.

N/B
This is the typical situation a friend finds himself and we are just brainstorming in what best to do.

15 000$ starter in small business? Are you serious? Do you know that amount is not a small amount for us here in our country for the small business you are talking about? With that amount, I might have a convenience store or grocery store.

If it's that kind of amount here in our country, that's not a practical start-up for business because it's too big. You can have a business here even with a $50-$100 start-up, and there are a lot of microentrepreneurs here who have already become successful after several years of managing the businesses they built.
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