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381  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: December 09, 2023, 07:13:49 AM
That rig speculation would always comes out once a favorite team loss, hehe.. That's normal, don't take it seriously, and just move on.

Anyway, speaking of move on, we have one game today, it's Ginebra vs Phoenix Fuel LPG. The spread is -6.5 for SMB and I'm picking them to win and cover. Although Phoenix does have a good record with 5-1, I'm still not convince that they could give Ginebra a good game.

Their 5 games was against a mediocre teams (see below), so I like the spread of Ginebra.  

converge
DYIP
Bossing
ROS
NLEX
382  Bitcoin / Bitcoin Discussion / Re: best way to start on: December 08, 2023, 09:33:39 PM
recently i get help from some good people to open wallet for bitcoin.
im a kid for this world but my age is not.
May 25, 2018, 04:54:25 PM my account activation date.
now i curious to know more about this world, how its work, how to start here.
how can i help someone.
You can't just simply say that you are a kid in this knowing that you created a wallet last 2018. And I don't think you just opened it without doing any searches as well, I don't know what you did after receiving the link from someone who sent it to you. I hope I was wrong but I was afraid that the person who sent you the link could be a scammer and make you create a scam site. If I were you, you have to create a new one not from the link sent to you and most of all, try to spend time searching and watching videos that explain crypto wallet creation. Just help someone when you are already knowledgeable enough, not this time.
383  Alternate cryptocurrencies / Altcoin Discussion / Re: Time to be cautious: Everyone is not market expert on: December 08, 2023, 08:45:21 PM
Well, we can't deny that these so-called experts are either to get your money, your views, or just even your support. I don't see that it's all of them, I can still say there are still out there that do it with passion without anything in return but they're rare to find these days. Those who really do some in-depth research are those who got little views or following and I guess people need to know that.
And very unfortunate that many innocent people have fallen into self-proclaimed experts and trust them. A lot of people lost their money from following these experts pretending that they know what will happen next but in the end, they will say sorry. That is why, it was encouraged especially for newbies that we have to do research on our own rather than trusting strangers because we have to know that the market is unpredictable. In fact, there are a lot of learning resources available online which is not hard for us to learn personally even without help from others.
384  Economy / Trading Discussion / Re: Trading is not very easy; it took my friend a long time to understand. on: December 08, 2023, 01:54:05 PM
And your friend had shown you the truth about trading unlike how these social media influencers told us - there is no easy game in trading nor there is easy money. Indeed, many traders suffer losses from underestimating the market behavior thinking that they are ready enough to trade after a day of watching online tutorials. Many traders assume that they can beat the market volatility and unfortunately, they fail.

Your friend helps you in a way that he warns you from not getting involved in trading if you don't have an idea about it and most especially, if you are not ready enough.
385  Economy / Gambling discussion / Re: Gambling and Behavioral Change!!! on: December 08, 2023, 12:22:34 PM
Gambling usually affects behavior. If a person loses often, he may fall into severe depression or, on the contrary, become irascible and aggressive. Each win can lead to unreasonable euphoria, foolish wastefulness, carelessness in financial matters. Therefore, it is extremely important for the player to fully control himself

Controlling yourself when gambling is a basic requirement, regardless of the size of your bankroll or the amount you're willing to risk.

It's important to recognize the consequences of being irresponsible in gambling. Actually, even if you are a regular gambler, there may be times when you find it challenging to control your emotions. However, being responsible means learning from your experiences, especially the negative, to ensure your safety while still enjoying gambling.

In fact, if all gamblers were responsible, gambling addiction would be much less likely to exist.
386  Economy / Gambling discussion / Re: gambling for newbies on: December 08, 2023, 09:45:36 AM
Hello everyone, as you can see I'm new here, I'm looking for recommendations for a game to bet some money that I don't mind losing, I would like recommendations and if possible a recommendation for somewhere that teaches how to play. Thank you very much. Grin

Go directly with sports betting, it's easy to understand and you'll not mind losing if you love sports. Just learn the basic terminologies, do a little google and check youtube tutorials, you'll certainly learn it easily. And as to gambling sites(sportsbook), we have a lot of here in the forum, you won't be taken to the scam site if you'll read their ANN thread here.
387  Economy / Trading Discussion / Re: Do we need to have a stop loss if we are 100% positive about a trade? on: December 07, 2023, 09:51:36 PM
I use stoploss but don't use take profit many times, I use stoploss to cut losses short.
when I was new to trading I was also not taking stoploss seriously because of this I doesn't able to cut my losses short and while watching the trade going against me, my mind isn't able to cut the trade after knowing that i is a losing trade. it become very hard to control emotions, and when I place stoploss first it helps me to cut my losses short and to keep a 1 percentage loss per trade. and helps me to not trade emotionally.
Perhaps, the use of stop loss is for us not to lose our big as it is automatically completed when reaches the set price. This usually happens during the bear season but if we are very active in trading and have enough time in trading, I don't think it is needed for us to use this one. For my entire trading career, I have used this a few times and it is because I don't place a trade if the market condition is on the downside, I used to analyze the market first before trading.
388  Economy / Trading Discussion / Re: Trading advice for newbies on: December 07, 2023, 04:06:53 AM
New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

And the challenge now is for them to manage their time, and emotions, and adopt the system. Indeed, it takes time to gain knowledge and ideas which is why as a trader must extend patience to learn otherwise, it is useless to try doing this.

In addition to this; they don't be afraid of making mistakes and losing money because this is the reason why we grow and improve our knowledge and skills. No risk, no gain --so we have to work hard and push ourselves.
389  Economy / Gambling discussion / Re: I could have won bigger. on: December 04, 2023, 01:54:24 PM
Sometimes we think that some things will stop us from winning big, but sometimes also stop us from losing big.
In your case, it was your friend is the reason for not winning big and it was normal to feel disappointed. But what if it is a losing bet? I am certain that you will be thankful to your friend that he never paid back the borrowed money as it will be gone already.

I'd say that luck usually comes when we are not expecting it to happen. It comes when we are not prepared and sometimes we can blame ourselves for not betting a huge amount.
390  Other / Beginners & Help / Re: First buy Bitcoin as a newbie, good way to start. on: December 04, 2023, 01:08:54 PM
Bitcoin is the best and least risky crypto in this industry but you need to understand that everyone is not looking for a safe investment asset. I think many people were amazed by the ROI made by bitcoin for the early investors who bought it when it was super cheap. Now many new people think they can find a new project that can give them a similar ROI or at least a fraction of it within a few years. I think this led them to invest in projects outside of bitcoin even though they have a high level of risk.
Hypes projects are an example that makes many investors search for other projects that will turn into hypes. Honestly, what happened to meme coins brought something different, especially for the newcomers. They will think that investing in crypto is an easy game and instant rich until the time has come that they will know the truth behind those huge earnings and ROI. And that is also the time they will find out that Bitcoin is far better than these hype projects. Not just because of its use case but also, because of its profit potential in the long term.
391  Economy / Gambling discussion / Re: Can you make gambling a profession - a full time job on: December 04, 2023, 12:29:29 PM

Yes advertising on gambling sites such as various article publicists, influencing or signature campaigns can be a type of job and can be considered a full time job but gambling is not considered a job. So it is not right to consider or accept it as full time or part time job.  Meanwhile should be taken only as fun. Otherwise gambling addiction can lead to death for you. Gambling does not guarantee profit to anyone so choosing gambling as a job is a big mistake. So you should always keep this in mind
When I started gambling I made good amount of money for a few days. Then I thought of taking up gambling as a career. Later when I realized that there is no guarantee of winning in gambling, I now take up gambling as a hobby.  There are many rules to follow when gambling, such as never getting excited while gambling. Whenever you start gambling with excitement, it won't take long to lose money.
And hobby will sometimes turn into an addiction. Well, I hope it won't happen to you, mate.
Well, it was clear to us that some become successful in gambling and some are not. For many reasons, too hard to think about considering gambling as our full-time job but of course, we can consider this as a way of pleasing ourselves from stress.

I'm not sure how the other works on their life and become a successful gambler because even asking them and following what they have said, we can't assure that we can be successful as well. And probably it is because they were destined to such profession while most of us do not.

392  Economy / Gambling discussion / Re: Most gamblers do not believe they can consistently make money, that's why... on: December 04, 2023, 10:56:09 AM


This is why we should not make gambling a place to make a living, lest you have the assumption that winning is easy to achieve or even by including the word consistent in it, it's like you will trap yourself in many new problems or mean creating your own problems for yourself. I hope you or anyone else does not misunderstand what is meant by the odds in gambling, because that one point usually makes gamblers seem to lose their minds and always chase something that basically does not have any certainty and guarantee.

If you have the fund, knowledge and skill to manage a casino then you can make gambling a place to make a living, as casino owner, or casino employee, or casino streamer.  But as a player, I think we can find it hard to consistently win and make profit in gambling.



Well really if they want to make a steady income in gambling then obviously if you just become a gambler then obviously it is too impossible because you will just depend all the final results on your luck which will not come every time. As you suggested, it's better to build your own casino and you play the role of a casino owner who has full power in your own casino.

That is why we always say that the real winnings are only for the house and not for the gambler, but the house has a very good way and algorithm by dividing a little winnings to increase someone's addiction so that they continue to play and the rest of the casino will take your money back. But the problem is that not many people can think there, they think that it is too complicated and also other things in terms of finance where they feel that with not too much money it will not be possible for them to build their own casino, there is some truth in that but on the other hand try to calculate all the money you have lost to gambling, I suspect that the results of the calculations you calculate can actually build a casino. Cheesy
Indeed, it is a business and of course, the house doesn't let gamblers win more than their profit. If we lose, it doesn't mean that the house is cheating on us but instead, we accept the fact that this is how gambling looks like were only get lucky and win the prize while more gambler lose their money. That is why if we think that gambling is a good way of making money, then we have not to do that because that is impossible. Only the house and casino owners make money while gamblers (us) only get fun and experience.
393  Economy / Gambling discussion / Re: Casinos after the shutdowns of mixers on: December 04, 2023, 05:15:55 AM
I think the ban on mixers will not primarily affect casinos. In the first place they are regulated and before now many of them hold on to KYC requirements in their terms and conditions, so it is still as before to check for illicit transfers and money laundering. So it is still generally as business as usual, I don't think anything has changed.

Casinos will remain as they are compliant with the law, unlike Mixers which are not regulated and it can be easily use for money laundering. With casinos, everything needs to be black and while, if you are a user, you transact big money, you need to comply with the casino not only with your information but also their documents too, in addition, your IP address will be link so casinos will know your location as using VPN to hide it could somehow compromise your account.
394  Alternate cryptocurrencies / Altcoin Discussion / Re: Elon Musk predicts X will replace banks in 2024 - The Verge on: December 03, 2023, 09:54:29 PM
Well nothing is impossible if the mind is there and the most important thing that make things easy to come to pass is the finance. If the finance is there then Elon Musk will convert the X to a financial institution to help humanity in the world like Bitcoin. If Elon Musk wants to convert the twitter to a digital currency to liberate people from poverty and removing the fiat banking system and replace it the X project and it works well then it is a good one.

But I don't think can be possible because for America to leave their dollar to use another currency will be hard.
He could have that imagination but never I think it comes to reality unless he is the government. Indeed, the government doesn't support it nor do people have confidence that  Elon Musk could change the currency system, it was just a proposal and the chance is very small in winning the support of the community. What EM did was just get the attention that he is a genius. Even if he has the money but without support from the government, that is still impossible to happen. Many businessmen are certainly against that idea and we know how politics works.
395  Economy / Speculation / Re: Bitcoin at its ATH of 2023 so far on: December 03, 2023, 09:36:51 PM
https://www.livemint.com/market/cryptocurrency/bitcoin-surges-2-87-to-its-highest-level-this-year-11701429005470.html

Bitcoin has surged for 2.87% today and reached the highest level in 2023. Does this year has more surprises for us and we can break all time high of bitcoin ?
Pumps are really the thing we gonna expect during December just like it happened before but we couldn't be confident enough that we're going straight to bullish or ATH as we are still too far from that. As halving gets closer, demand rises together with the price. The price of Bitcoin is currently $39,600 and probably it surpass $40k any of these days. With the current situation of the market, we are being too positive that this year the price of Bitcoin will stay above $40k.
396  Economy / Gambling discussion / Re: Are You Keeping Numbers Or You Allow The Machine To Pick Your Numbers To Bet on: December 03, 2023, 01:34:18 PM
This is a lottery, most gamblers here have numbers that they are maintaining until they'll hit the jackpot. Personally, I'm not fun on consistently betting on a lottery as I believe in saying that it's just like flushing money on the toilet. But sometimes if I bet on lottery, I would not let the machine choose the combination for me as that would defeat the purpose, we can't be too lazy to bet so we can attract luck.

I think if I'll win a lottery, I'd stop betting lottery again as I have not seen a person that has won a lottery twice, so there's no reason wasting my money. Maybe I'll go big on other type of games, like sports betting, since lottery winning is millions, I'm sure I'll be able to set up a decent bankroll and that way I could continue enjoying what I love to do, which is gambling.
397  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: December 03, 2023, 12:06:56 PM
LA Tenorio is back, he played tonight starting in the 2nd half of the game, and it seems like nothing's changed as he made 2 straight 3 point shots already. This is amazing for the Gin King, Tenorio is a good example of the "never say die" attitude of Ginebra family, I'm happy for him.

I'm watching live online now, but unfortunately I have to endure this delayed telecast as they have been actively putting down illegal streams, lots of interruption if I'd choose to watch on their streams, so no choice.
398  Bitcoin / Bitcoin Discussion / Re: Should altcoins be blamed? on: December 03, 2023, 11:30:39 AM
Users who had understood well about cryptocurrency will not blame altcoins or take any other second view. The responsibility is to focus on the market and achieve the best out of it. Not everyone is able to be successful out of cryptocurrency. People who hadn't succeeded investing into altcoins will blame it. This isn't fair, because there are people who had made themselves millionaire through altcoins. There are altcoins that provides with high rate of interest, it is our knowledge that finds it among the crowd.
They should blame themselves instead of blaming the entire market. Besides, the results of their doings are what they have ripped off and it was losses from investing shitcoins. Yes, if we know how to choose coins for investment, I don't think there is someone who will fall into big losses and regrets but unfortunately, many we're still blind and have no knowledge of how this works which leads them to invest in worthless projects. I can feel their sentiment but they have accepted the fact that every mistake will make us lose our money instantly.
399  Alternate cryptocurrencies / Altcoin Discussion / Re: So we got new CEO of Binance on: December 02, 2023, 09:55:11 PM
The new CEO Richard Teng says Binance will now act different then when CZ was in charge. This means there will be a board of directors, physical address, and financial transparency.
These are all things that Binance never did have with CZ as the CEO. He says there is a 'robust timeline' in place for it to happen.
https://www.binance.com/en/feed/post/2023-11-27-richard-teng-transitioning-binance-into-a-conventional-financial-company-with-increased-regulation-and-transparency-612563312369

I guess that's what would be good for all the users. It don't mean CZ and the leadership were harming its users but more transparency and regulation are always favorable to the users on the long term. Even though we might have to trade of some perks and probably a higher fees as their operation cost and taxes increases. It may seem counterintuitive at first but it may prevent any large mishandling of Binance like the one done in FTX, where people lost huge amount of money trying to save a fraction of the fees.
And aside from that Binance did this to give way for the investigation where CZ can focus on the case. Of course, we all can't forget all the good things and exchange improvements during his time but still, we are not sure about the transparency he did and this is what the issue has been called. It is a good decision for the Binance team and the transition is needed knowing that CZ can no longer hold and work on his position as the issue continues. And with the experience of the new CEO (Richard Teng), we believe and expect something new with Binance and can protect its reputation.
400  Economy / Economics / Re: Luxury and spending lifestyle fastest way to poverty rich kids on: December 02, 2023, 09:42:41 PM
I have heard a rich person saying that if we want our kids to have a better future, we have to educate them on how to grow money, not how to save money. It simply means that we teach them to do good business, not how to spend money like there is no tomorrow. Because at the moment they will know how to make money, earning and saving a lot of it is not hard and impossible. But if they only know how to spend and live a luxurious life, these kids will become poor when they are alone.
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