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3381  Bitcoin / Bitcoin Discussion / Re: Bitcoin will never be gone on: July 02, 2021, 09:40:47 PM
For now it is really impossible that Bitcoin will be gone in the future. Just like what is happening now into Bitcoin usages, almost
in the entire world this digital currency was very popular not only in online even for the different bigger companies they've adopted
the concept of bitcoin to their own business aspects actually.

If you look at the current development of Bitcoin, it seems impossible that Bitcoin will disappear in the future. I see more and more institutions
are starting to invest in Bitcoin, this is a sign that Bitcoin is a safe asset to buy. Since it is impossible for institutions to buy assets without doing
some research, it means that Bitcoin has a very bright future. Why do we just ordinary people have to doubt Bitcoin, while institutions believe
in Bitcoin. If we think about it using logic, we should not hesitate to invest long term in Bitcoin.
I'm quite entertained seeing people have a huge trust in Bitcoin that it will stay long in the market. We are hoping for that, I know. But it all becomes impossible if we keep complaining about why we lose, why we got scam, why, and why. If we are giving full support to crypto (not only in Bitcoin) the more assurance that Bitcoin will remain as what it has today.

But of course, it can't be done by a single person, it needs wide support from the government and as well as from the developing countries which is more influential when it comes like this.
3382  Economy / Trading Discussion / Re: Is Cryptocurrency a Good Investment? on: July 02, 2021, 09:23:46 PM
For some, this may be a good place to invest, for some, a place where he will lose all his money. It all depends on the right moment.
After all, if you had invested half a year or a year ago, you would have received great results and would not have asked such questions. However, right now, your investment may be drowning in a bearish trend market.
That is why are some people asking "It is too late to invest in Bitcoin?" If we don't give doubt about crypto and start investing them earlier, we might become a millionaire now but too unfortunate that we have lived that kind of human instinct and mostly we have driven by such doubts and uncertainty.

We are afraid to risk because we wanted to see the result first as proof. It is not actually wrong because we want assurance but it was too late to find it and now, we are in regrets.
3383  Economy / Trading Discussion / Re: Cryptocurrency Market Manipulation Logic? on: July 01, 2021, 11:11:37 PM

What I noticed with Bitcoins and other Alt coins is that the market is very cyclical. It seems a bit like the prices in the stock market, just more extreme. The volatility in crypto currencies is higher than in stocks, that is also why we can make profits of a few hundred percent, whereas with stocks we are happy if we make 10-20%. As for manipulation, I don't think that its true for most of the investors.
The reason why we have such strong volatility because of so-called market manipulation. This has already existed since before, whales are playing tricks and make a huge profit but somehow, this also gives us the opportunity to ride with them and take some share with the whales. It really becoming unpredictable because nobody tells us what they gonna do next and for the fact that some are selling and buying, that it adds more movement to the price.

I'd never think that manipulation is bad but for me, even though the risk is high, it helps me to generate profit unlike if we just have a stable market.
3384  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Are the bulls back? on: July 01, 2021, 10:32:07 PM
Things can't be done instantly. If we see that the market is in decline today, the next to that will be the uprising trend, it is a life cycle in the crypto market and we've witnessed this many times. What we gonna do is to keep our faith strong and hold it if we want, you can sell as well as nobody stops us of what we have to do. But for me, I still keep my Bitcoin intact and sell my altcoins, and why? I can't hold them all, honestly, and to know that altcoins are having a slow recovery, so I converted it to BTC for safe and gains assurance.
3385  Economy / Gambling discussion / Re: NBA 2020-2021 betting on: July 01, 2021, 01:10:03 PM
Do you think it's possible the Bucks will win in game 5 even with the Hawks getting back Trae Young in the ling up?

I think the odds will change if Trae Young will announce playing in game 5.
Hawks is a slight underdog now, but they might be the favorite after that announcement.

So for bucks fans, I think it's wise to wait that announcement to get a better odds.
3386  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: July 01, 2021, 12:31:41 PM
What if the Dallas Mavericks Mavs entered the NBA Western Conference Finals, PH might not be playing against Boban and probably might win over Serbia. Cheesy

PH Cadet's top guys will shift instead their defense to Boban's teammates.

Overall, salute to PH Cadets. Even they lose, the country is now again recognized globally in terms of basketball.
Nothing but respect to the players as well as Coach Tab Baldwin for the performance of the Gilas team against the Serbia.
They are down double digits but slowly crawled and took the lead in the 4th quarter but it looks like we run out of steam in the last minutes and Serbia took it and got the victory.

Now the Gilas will be up against Dominican Republic tomorrow on our country @ 2AM. In terms of height, we got the advantage since their star center Vargas will not play but still I don't want to underestimate the team even though they lose to the Serbian team by double digits. Win or lose, this is a great experience for these young and talented players and alongside with their good coach they will have a bright future ahead Smiley.

The Philippines are full of surprise, who knows, they might win against the Dominican Republic tomorrow, and it will surely be a big news in the Philippines. We fall short against a mighty Serbians, but I think we have a great chance of winning against the Dominican Republic, would you agree?
3387  Economy / Speculation / Re: Using BTC only for Trading? on: June 30, 2021, 10:53:36 PM
I use BTC/BUSD trading more often, sometimes I change it depending on the market situation. The good thing about using stable coins is safer than using volatile coins as a trading pair to BTC.
Using Bitcoin alone is profitable but sometimes it makes you bored and while waiting for the place order to get filled, you can do a trade to other coin/s. If you have a huge capital, it is much better to use 2-3 coins for trading where you can really maximize your time when you are at your computer. That is exactly how we wisely spend our time.
3388  Economy / Trading Discussion / Re: Why risk management is so important for Every Trader. on: June 30, 2021, 10:12:13 PM

A very wrong mindset to have because big capital wont really make out guaranteed of success because what matter most is to sustain yourself or survive in the market.

You would really be needing risk management and making it as a default thing as this is the main factor on where you do really need and the most important.

As a trader then earning profits or money on this market is hard but could really be possible if you do know on what you are doing.
The result is totally depending on what we do but for me, capital matter a lot and the chances to make a big profit is high if you have a huge amount of capital in trading. Because you can't just invest in 1 coin, by spreading your money to different coins it helps to recover losses if it happens, or it all be in gaining side, well, that even more advantage.

However, if we think about losing, you also have a chance to loses more compared to small traders. But the outlook will certainly change depending on how we manage our trade.
3389  Economy / Gambling discussion / Re: NBA 2020-2021 betting on: June 30, 2021, 02:22:37 PM
Most of us must have lost that Bucks game versus the Hawks and I think it's not just us but a lot more gamblers out there.
That's like -20 points without Trae but when Giannis fell when it was just a 7 point lead at 3rd quarter I knew the Bucks will be deep on losing it.
Gotta win this next game. Clippers versus Suns. Clippers homecourt advantage and if they can play well without Zubac slowing them down then it could be a win. (questionable)
Clippers -1.5 Over 214.5 Will put a little bet for an overtime.  Wink Cheers.

For me, Zubac is not really a big deal as long as Cousins stays consistent with his contribution, they have the biggest win in the series in game 5 and I like them to continue that momentum so they can even the series. Leonard is also declared as out but I read some source saying Leonard's status upgraded to questionable, I don't know if the info is reliable but it will be huge for the Clippers if Leonard will play.
3390  Economy / Gambling discussion / Re: Breaking : Donaire Versus Casimero on: June 30, 2021, 01:56:14 PM
When Mayorga disrespected De la hoya's wife, De la hoya knock Mayorga in the ring.
Now, Donaire's wife was disrespected according to him, Donaire cancels the fight, this Filipino fight has no class and he has a lot of haters now, especially the wife of Donaire who happened to be his manager as well.

If only Rachel Donaire is not into this word war with Casimero i think everything going to work out well.

I just don't know what's with the mind Of Nonito's manager that it ended this way or they are too greedy that they think they would lose to Casimero if this fight happens and that rematch with Inoue won't become a reality.

Samson got Delilah while Nonito got Rachel, the cause of his downfall lol.

That's the problem when the manager is a woman, they are too sensitive and since Donaire is his husband, he can always influence the decision of Donaire. This fight will not happen for sure, with this war of words, they are just destroying each other and the fans will be divided.
3391  Economy / Trading Discussion / Re: Daytrading vs Holding on: June 29, 2021, 11:09:57 PM
hodling is important than in trading . what can you do when your coin is down , you dont want to lose arent you so you will stop trading but you will hodl it for a while or until the value returns for trading .
 not only tax but the fees is what makes us scared to do daily trade  .
 it will hurt you more if your capital is only small  and when we hodl we dont just hodl and close our eyes but we monitor the price and sell .
Specifically, Holding is for those who just wanted to keep themselves out of stress. They are simply waiting for the moment that price is high and then sell their holdings.

But, for Trading, that is something riskier and this is not an easy job that everyone is able to do it. We are all free to try trading and we are free to leave as well if we feel bad about it. Many traders had lost their money because they underestimate trading which is not supposed to be doing. It is a need for deep market understanding and skill, unlike what we do in Holding.
3392  Alternate cryptocurrencies / Altcoin Discussion / Re: Are meme tokens dangerous or moon on: June 29, 2021, 10:41:40 PM
I don't like to draw a conclusion as not all meme coins could be bad as shitcoins but honestly, I don't have the trust that they will stay longer in the market and make moon again as the bullish season has been done already. Many are thinking it will become dead someday, I hope not, however, it can't be denied that most of these projects have no working products and not listed to reputable exchanges this means that there are not safe and they will be ignored by the investors. If that so happens, a bigger chance that they will be dead.
3393  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: June 29, 2021, 01:06:46 PM
Great news for the PBA rookies.

PBA set to raise rookie salary cap amid Thirdy and Co. move overseas

They are now competing, maybe they are threatened that their players will be taken by the overseas team, it seems like the action of Ravena has become a blessing in disguise as it benefited the rookies since their salary is increased.

It's been mentioned before in this thread that the only way the PBA will be able to stop the young prospect from playing abroad is if they will give a competitive salary, and it happened very fast and it's really timely, otherwise, PBA will not have the best players and will be boring.

Thanks to Ravena, he was really the first one who started this.

And they really stepped up when Kiefer was trying to follow the footstep of his younger brother. The PBA are concern on its future now, I don't know how much is the salary of the rookies, but increasing it would really help them to be more motivated and we will see more potential talents working hard to get drafted in any PBA team.
3394  Economy / Gambling discussion / Re: 2021 NBA Season on: June 29, 2021, 12:38:53 PM
I wouldn’t get too excited. Paul George may have turned in one of the best Clippers post season performances ever, but I don’t think you can expect 2 more games of that. It has made things a lot more interesting in the series though as Chris Paul must be having 3-1 flashbacks. I think yo-yo can expect the Suns to bounce back strong in the next game since they won’t be wanting to take this to 7.

Let's see what will happen in game 6, if the Clippers had proven they can win on the road, they sure could win again at home. PG is playing with so much confidence, all the Clippers need is to have a good start so they'll not gas out in the end. How would the Suns respond to the Clippers rotation in game 5?
3395  Bitcoin / Bitcoin Discussion / Re: Bitcoin can play tricks on your mind on: June 28, 2021, 10:39:12 PM
From the first time I bought bitcoin I felt very special. Maybe it was due to the fact that I was getting started in the crypto space and felt like many of you, the magic of digital money. Then came the learning that comes with being a bitcoiner and the patience to stay hodl.
As in my mind it is already programmed to see the future of bitcoin, I am not worried about its falls. My feeling is positive when I see how strong bitcoin can be from looking at it to zero, I don't think it's possible.
I really appreciate people think that way. We are here to support crypto as a form of digital currency. If we just keep our mind thinking negatively, that mainly influences us to act the same and leads to worries when dumps have come. Understanding the nature of Bitcoin, it gonna helps us to change our mindset because that all lies in the way how we think about Bitcoin.

Honestly, we can easily manipulate bad things when we have a negative mindset and many people had fallen into that.
3396  Economy / Trading Discussion / Re: How to deal with bear markets on: June 28, 2021, 10:00:30 PM


7) Enjoy life - And always remember life is too short. Enjoy it.




The overall goal is to try to push crypto out of your mind during the bear market. You cannot control the price action and market. When the market is ready it will pump again, so why wait doing nothing? Do something in the meantime and check back every now and again. You will be happier, more productive and possibly wealthier.
Just keep calm, sit back, and relax. This could be working if you are just wanted to hold, not in trading.

Not necessarily we have to uninstall crypto apps because that helps us to monitor our investment. If we are really committed to hold our coins during the bear season, that will not be a problem even we still have those apps. What makes it difficult for us is we keep ourselves bothering by some negative thoughts which cause to panic.  To make ourselves enjoying to other stuff makes a huge help to divert our minds instead of thinking our investment.
3397  Economy / Trading Discussion / Re: Who is selling? on: June 26, 2021, 02:59:23 PM
In times like this, selling is a bad idea, why would you do that if you are not making a profit? That's so stupid, you sell only because you panic and you have no room for success when you are investing in crypto. The right thing to do now is to be smart, and by being smart that means you accumulate because the market is on sale.
Well, it's a matter of perspective, if you are profiting from selling then do it but if not and you believe that the prices are still going to go up really high then you should probably hodl and another case that we forget is probably the people that are on the short-term side of things, they're trying to cut losses so they can get in when it's a bit more lower.
Yeah, we have a different market preference. People decided to sell either because they are in profit or they are in a panic. They have their own decisions and they are doing this as they think is right. That is why I'd never spend my time asking people why they sell and why they hold because that will be going to happen no matter what will be the situation. Whatever happens to them is that what they wanted and not our obligation to make a decision in their life.

 
3398  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The next 100x coin after bnb and after eth on: June 26, 2021, 01:14:34 PM
It looks like that we are having a huge competition between NFT and Defi projects. Let's see who gonna win this but we just have to wait for the next Bullish season. Or, let us see who among of them will able to survive in the current market situation knowing that majority of these projects are worthless and scam. Thus, to look for 100x next to BNB and ETH, that hard to find, in fact, if we can see the market is in red. That means, we are hopeless seeing coin that will pump this time but probably, many had come to an end.
3399  Economy / Trading Discussion / Re: Risk Management in trading cryptocurrencies ...?? on: June 26, 2021, 12:39:11 PM
Both are right, because we can't predict when we will face losses and risk management (in case it is spot trading) we can do something that maybe will cause less price in ROI and we don't need first price to get our capital back or maybe take profit with it.
Risk management can be applied in all aspects of crypto, not only in trading alone.
What it makes so hard for beginners is how to manage it in a specific situation. I mean, we sometimes forget how it uses due to some factors. More often we are bothered by our emotions, it sometimes because of being greedy...

I tend not to agree that Risk Management will give us protection 100%. No, that certainly matters to the person who applies it their life.
3400  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: June 26, 2021, 12:08:01 PM
C Stand is still suffering from injury.

https://www.spin.ph/basketball/pba/past-injury-keeps-standhardinger-from-practicing-with-brgy-ginebra-a793-20210626?ref=feed_1_section

Quote
CHRISTIAN Standhardinger has not been practicing of late with Barangay Ginebra due to a lingering injury.

Veteran guard LA Tenorio disclosed the development on Friday night, blaming an old injury from which the 6-foot-8 Fil-German has yet to fully recover.

Without him, the Chance of the SMB is getting bigger as I think they will have Fajardo back this season.
Next to SMB, I think Magnolia also has a great chance of winning this coming season.
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