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3881  Alternate cryptocurrencies / Altcoin Discussion / Re: Holding and taking profits on: June 24, 2021, 08:49:51 AM
Holding and taking profit is the way everyone does it, most importantly being able to choose the right coin and potentially profitable for the short or long term in the satisfaction of taking profit.
we are all here hoping to make good profits with different ways and strategies, buying potentially profitable coins, doing analysis and holding them to sell them when the price has gone up or is profitable.
Absolutely, saving and holding potential coins is the only way to stay in the market and saves from losing our capital. It is a need to be smart and be wise in making a decision as the market is so tricky and in every mistake, we've done could lead to something regrettable.

However, the aim to make a huge profit in the crypto market makes some people becoming greedy. It happens that rich people used their money to manipulate the market for the sake of making a profit from the poor people. I saw the possible worst-case scenario in the future, were not only in a form of a volatile market but also a manipulated one.

3882  Alternate cryptocurrencies / Altcoin Discussion / Re: Are meme tokens dangerous or moon on: June 24, 2021, 08:21:22 AM
This is a thread where we will discuss meme tokens that are unrugable and which can moon. We will detail steps to avoid being scammed. We will discuss signs that a token is going to moon. We will give updates on our offical meme token Jomon Shiba aka $JSHIBA.
After 9 days of waiting, maybe it was time to hear any updates in regards to your project. I don't want to draw any conclusion without hearing anything from your side but I think, it was too long to hear anything and the possibility was this project will soon put an end. I hope I was wrong and I was looking forward to having huge changes on the market plan but as the altcoins showing a huge decline, it sounds like meme coins are pretty clear were affected also.

Or, maybe the community is right saying that meme coins are just shit and no chances to go to the moon. Think of this as a challenge to prove that we are wrong.
3883  Economy / Trading Discussion / Re: what is point of Tehnical analysis? on: June 24, 2021, 04:55:46 AM
Sideways trends have proved that technical analysis doesn't always mean anything.

About a month ago we hit 30k, and TA is constantly predicting a breakout up or down, usually up, but instead the market crabs sideways, something only a few people predicted, and most of them didn't use technical analysis to figure it out.

TA is such a pointless endeavor in a market that is so controlled and volatile by the current BTC price action, especially if it is dependent upon the behavior of whales.

What do you think about it?
It really finds be useless if we never know how to use and apply it to our daily trading life. Yes, it wasn't accurate nor to say that it is a need to make it right all the time because the truth is that we can't make it perfect due to the market volatility. I understand it having TA on your side is pointless and makes no sense but for the others (just like me), it is really helping me. I know the limit of our technical analysis and it was you also how to adjust the situation where our TA's isn't effective.
3884  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: June 23, 2021, 09:31:09 PM

Kinda surprising because China players are tall but their NBA Player Zhou Qi didn't play in that game but overall, its a tune-up game only and it ended up as a draw.
In terms of performance though, yes it looks surprising but this just shows that the future of these young players are bright. I just hope that they will have a successful careers in basketball.

I think Dwight Ramos also did not play for Gilas in that game, and therefore we can call it a fair match for each team. I like the competitiveness of the Gilas, even the biggest teams, Gilas are not intimidated, they just keep pushing to win like a machine, and kudos to the coaching staff for making it possible. 
3885  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: June 23, 2021, 09:11:31 PM

Ohh thanks, wow! I'm surprised the Philippines were able to compete with China well, this young lineup is really legit, China is a superior team and yet they were able to tie the score in this tune-up game. I would say, we have a good future ahead. Kail Sotto leads the Gilas with 13 points, this guy is not overrated.

Not at all, Kai Sotto is silently working and he's doing the job so well. The cadets are really performing they almost win the game based from some videos from youtube.

This newly formed team if being guided by veterans and jive well with the system.
The future of Gilas is really far, we have that glimpse from how they are working right now.


To be able to compete with China which we were bully by that team before is a big achievement. The current lineup is full of strength and they are hungry to win because they are well motivated due to the support of the Filipino fans. The success of Gilas is the success of the Philippines so they are really working hard.


Quote
Looking forward for more success and more pride for our country.
That's 100% if we work for the same coach.
3886  Economy / Economics / Re: Is money the root of all evil as the poor to thinks? on: June 23, 2021, 01:49:21 PM
The worst thing is when these rich people forget who they are.
They use their money to make evil and they win. They take such advantage over the poor people, that is the truth.

For example,
If I am a poor person, I will take the offer and follow what they say. I take mine and they will take what they want, it doesn't matter for me. But honestly, this is a wrong practice for poor people. They just wanted the rich people to make evil things, if we never allow this thing to happen, they can never think that way. It is not all about the money, but it is also the participation of poor people.
3887  Alternate cryptocurrencies / Altcoin Discussion / Re: The right time is now! on: June 23, 2021, 12:08:02 PM
Perhaps, this is the chance for those who have the money. I hope they don't miss the chance coz it possible that many were thinking that the market will continue to drop and think about the 2018 bear season.

Anyways,
I see BTC and BNB are more likely to grow more after this huge correction. Might the other coins will do the same but I was focusing on the two coins right now. I can't afford to have more and we need to be cautious as the situation is really hard to predict. We need some extra money so anything will happen, we can still make an investment in the other coin to help it recover.
3888  Economy / Trading Discussion / Re: This sh*t ain't for the faint of heart! 😭 on: June 23, 2021, 10:43:14 AM
Y'all going in now or what?!

28k was a good price to go in, relative to where it is now. Meaning, you know it was good when you've long passed it and you're looking down at it. But what'ch'y'all think? Still a good time? Tempted to go all in, not gonna lie.

Not for now I'm waiting to see more deeper since if we act quicky without seeing some possibilities then we might buy at wrong position so better watch closely the market then see the direction of bitcoin goes as well read the chart to see the possible outcome of your trades.

Don't be greedy just wait more and earn by doing a right decision.
It all gonna be surprising, even having a good TA can't really be a big help.

The price of Bitcoin just reach $28k in the past few hours (it is likely people are selling their Bitcoin fast) but look, we are not at $32k. I believe we might miss the chance of buying at its dip (I'm in regret), we are moving back at high again. Well, we can still ride the market before it stops and back to drop again.

And I'll be thinking now if this will lead to another ATH or we just stop at $40k. Nothing is impossible, though.
3889  Bitcoin / Bitcoin Discussion / Re: China FUD on: June 23, 2021, 10:18:00 AM
It'a shame that the chinese government is taking such decisions, but they are going to lose the most in the end. The chinese politic system is characterized by conservatism. It is expected from them to not be open to revolutionary technology, but that is a burden on them. They will soon realise that you can't live in nutshell where the whole world is heading more and more towards globalization.
They are always making a FUD no matter what people say to them. Their participation in crypto is less likely possible as they are stricter than before. Thus, it was very unfortunate that the majority of the mining machines are coming from there and the biggest crypto mining industry are placed there. That makes a reason why they have a huge impact in the crypto market when they ban cryptocurrencies.
3890  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: June 22, 2021, 09:02:49 PM
El Presidente’ urges SBP to keep Gilas core for Fiba 2023

Quote
BASKETBALL legend Ramon Fernandez believes keeping the young core of the Gilas Pilipinas team will be to the benefit of the country’s campaign in the Fiba World Cup two years from now.

Not that he’s disregarding the significant help PBA players could offer to the national team, but the 67-year-old Philippine Sports Commissioner said it would be better to just focus on working on the cohesion and chemistry of this same unit that just completed a six-game sweep of all its games in the qualifiers for the Fiba Asia Cup.

What can you say about this? would you agree with Ramon Fernandez here?
IMO, I think we should give them a chance, do not replace them with PBA players as they have already proven their worth.
3891  Economy / Gambling discussion / Re: [Boxing]: Manny Pacquiao vs Errol Spence Jr - August 21 on: June 22, 2021, 08:47:43 PM
Even if Spence happened to win it was simply unnecessary to say things like this, it is better to show what you have on the ring and then say whatever you want once you win instead of doing it backwards, lose and then he will have to eat his words.

When a fighter says things that he usually didn't say, that could only mean one thing, he might not be able to do what he says because he thinks his opponent is more superior to him so he wants to destroy it through words first then in the right. But anyway, it's just my own speculation, everything should only be a form of marketing the fight as this is just a once-in-a-lifetime event for these great fighters, especially for Spence.
3892  Economy / Trading Discussion / Re: What are your trading strategies ? on: June 22, 2021, 11:55:08 AM
Keeping yourself knowledgeable and aware of the market news will keep you with an edge on knowing the market situation and will already give you a hint on what you must do to be able to keep on surviving this highly volatile market. Setting up your stop loss will also help you to keep in control and manage your funds to prevent you from risking it all into nothing. Using technical analysis tools will also be a great help. But if you intend to observe and focus your time into pure trading and nothing else, strategies will come out into your head in accordance to what you are seeing with the market movement and be able to think what can be the best move to be done on such cases.
Awareness and market knowledge are vital tools to help us as traders to create a strategic and more effective trading strategy. And as a trader, I think it is a need for us to make our own way to find what could be the best, not to rely on others to help us. In fact, there are a lot of trading strategies we've known, and yet, we are not sure which one is more effective. Some traders become successful not only of using such strategy but it was because he knows what is best for them.

The truth is that...following/copying other's strategy is not a guarantee that helps you to become profitable but the success depends on how you responded to the sudden change of the market.
3893  Bitcoin / Bitcoin Discussion / Re: HODL...until when? on: June 22, 2021, 09:11:43 AM
snip...

This is a lot of stress gotten by the people who bough at the peak but there's no losing will happen if they didn't dump their bitcoin simce they can recover it again once bull run will occur on next following years although its really stressful to hodl since we don't know how far we can see the dip.

I do agree that we should invest what we can afford to lose and always look at our financial capabilities to know how much we invest and how much capital we can use for back up since doing cutloss is painful way to recover if something bad happen in the market.
I'm just a little worried about those who solely rely on their Bitcoin investment, and I don't think if they will still able to hold it or might have been selling it now. With the current situation, I can't tell if the majority are willing to hold or they are now started to think about the negative. I'd never seen a thread yet talking negative but for sure, negative speculation rises if Bitcoin will never recover.

So talking about HOLD, it definitely depends on what we think about the situation. This gonna be an individual discretion. Maybe I sell if I needed the money or for some other reason.
3894  Economy / Speculation / Re: Will BTC fall below $30,000? The high-yield risk opportunities are in MEME? on: June 22, 2021, 08:33:15 AM
The only comforting news I got today on the position in the cycle as bullish market, according to history, the new cycle attain a price that does not allow bitcoin to go below the previous ATH. We already have 55% dump in bitcoin price ($32k), which makes it very close to $20k previous ATH. A decline around -85% from $65k might deepen the price beyond rescue and damage the market forever.
I don't rely on history and it seems too far from happening again.
Even the market will break the $30k and go deeper, still, I never think it causes huge damage in the market nor says it was forever.

And even it reaches back to $20k, isn't a problem I think and people could still make a profit with it. Just think that we are giving a chance to buy Bitcoin at a cheaper price, it turns back high again as I know and we need not miss this opportunity as it was just passing by. Maybe we should be ready for the bear season.
3895  Economy / Trading Discussion / Re: Should I sell or hold on my bitcoin? on: June 20, 2021, 01:46:41 PM
bitcoin holder should be proud with their investment, there are only 21 million coins  and never printed again. this assets was be very rare when completely minted and no more left.  in next several years bitcoin maybe will be most expensive assets ever, so selling it now to early. if we use this investment with free money ,our mental or psychology should be fine when we see its move with high volatility.
People are investing not because they will be proud of having Bitcoin in their hands, they are here for one reason, and that is to make money from their investment. It is a psychological instinct when it comes to investment and we keep this mindset forever. Those who sell their Bitcoin when seeing the market crash and those who are in a panic. Holders will take risks more than these people and they were able to wait when the market rallies back.
3896  Economy / Trading Discussion / Re: HOW IMPORTANT IS STOP LOSS on: June 18, 2021, 09:25:01 PM
If a trader wanted to limit his losses to a trade or position, stop loss is very important. The trader should just have to accept its cons such as it is still possible for the market to go up after you stop loss, this on the other hand, makes you not lose all of your funds.

I agree, in fact, in these moments that have been very full of total uncertainty, the loss of stop is the best lifeguard that can be used, in fact, it is the safest way to do trade, because in case of market is in our favor, what should be done is to move the stop loss to follow the management of the profits, otherwise, if it reaches the loss of stop, what should be done is to assume the loss, the loss of the stop It is essential in these times and operations with the use of stop loss, it is the most intelligent to enter the market, I believe that when there is uncertainty in the market is ideal for the mandatory use of stop loss.

Maybe we can say is that it saves us from losing it big but since it was stop-loss, means that we are still losing in a few bucks. I know it was a helping strategy for a trader but I suggest if there is a way not to use it, much better. That is why TA's is very important, this could help us to avoid using a stop-loss strategy, I didn't push myself to put in trade if the situation is not good. Maybe we have to wait until the moment is in a favorable situation.
3897  Economy / Gambling discussion / Re: 2021 NBA Season on: June 18, 2021, 12:17:45 PM
Game 7 is a must to watch for all of us here because it is the most exciting series in the Eastern Conference. I expect to see this kind of game especially when the Milwaukee Bucks defeated their opponent in the first round with a 4-0, They are not playing around this year. This last game will be one of the best competitive matches in the NBA we will ever see. This is history in the making and I'm sure a lot of you guys will watch it live tomorrow night.

The odds for game7 are already out and it's even so I think Kyrie Irving will still not suit up on that game.

Yup, that would be exciting as I think the winner on that one will eventually become the NBA champion as they are the only team that has not been affected so badly with injury.

Have a gut feeling though that Joe Harris, Jeff Green, and James Harden three's will finally hit their mark and destroyed the Bucks just like what they did in games 1 and 2 hehe.

Yes, it's already out, the home team is the underdog with +1 and I like that because of the good odds. I think it will not be the same as game 6, it will be a close game and the Nets will take this win to advance in the Eastern Conference Finals. Hawks also have a big challenge tomorrow, they need to win at home so they'll advance, otherwise, the Sixers might beat them in game 7.

I would also bet on the Nets here, I will keep my eyes close and I will take the home team which is the favorite to win in the NBA Finals. Nets should start the 1st half with good energy so the Bucks will not be able to come back, but for sure, I will give free time for this as it's a game 7, we should not miss this.

Durant over 30+ that's a sure thing.
Harden over 30+ points, hopefully.
3898  Economy / Gambling discussion / Re: [Boxing]: Naoya Inoue vs Michael Dasmarinas June 19 on: June 18, 2021, 11:59:32 AM
I'm watching some highlights of the fights now, and some predictions as well, I kinda convince that Dasmarinas here really has a chance to upset Inoue. He just needs to be fast, don't just stand up and fight toe to toe versus Inoue as Inoue is a champion for a reason.

Yes, Dasmarinas has some decent power that can knock out anyone. Not just fast but he needs to have a good chin to stand against Inoue. Also he needed to be a volume puncher to make Inoue uncomfortable.
I hope Dasmarinas will not back down when he feels the power of Inoue.
He is a Filipino by blood and we know Filipino fighters are warriors and they will fight toe to toe against any opponent.

Dasmarinas needs to condition his stamina, it will be a tough battle as he will be facing a real monster in his division.

Also checking on the betting odds, still not available on the popular sportsbook.

I checked stake.com, sportsbet, and playbetr.

There is, but as others have pointed out, it's not reputable as the 3 sport bookies you mentioned.

Let's check it again tomorrow evening, that's a day before the fight.
3899  Economy / Gambling discussion / Re: Does implementing a tax on a gambling platform really help a country? on: June 18, 2021, 11:08:27 AM
Any tax that the government will receive is considered as income, hence it will help in the financial aspect.

However, a country cannot just accept gambling operators and give them license without proper control, they should also look at the effect of the people within a country if overall it will not give a positive effect like it will increase the gambling addiction or the crime due to gambling, then there's no reason to be more aggressive in issuing a license, everything should be foreseen so risk could be managed.

The Philippines have POGO, these are gambling operators that are foreigners and cater only foreigners, so this way it will not make people addicted but the people will benefit from taxes through the government.

That's correct, allow foreign investors to invest and get the revenue through tax while protecting the people to gamble because the Philippines is a developing country, what it needs is to improve its infrastructure, create jobs and they can a good income from taxes revenue of the foreign operators.
3900  Bitcoin / Bitcoin Discussion / Re: The bull market still exists on: June 18, 2021, 03:49:40 AM
After analyzing the Fed meeting, I found that its timetable is basically consistent with my predicted Bitcoin price changes. It is expected that there will be an interest rate hike in the first half of 2022, which is also the time when the bull market reaches its peak. There will be no major breakthrough in the price of Bitcoin in the short term, and it may take two to three months to build the bottom for the next bear market. The $40,000-60,000 range will be the bottom price of the next bear market.
if the market demand remains high until next year, we might able to reach that price (or even more).
Nevertheless, the market remains unstable and we definitely have to expect changes in the days coming and we cannot just base the situation today for the future because it totally not the same.

In fact, many speculations arise that after the Bullrun the market went down hard but see what happens, we are still at high ($30k plus). It seems to be surprising and it is to prove that the market is unpredictable.
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