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41  Economy / Gambling discussion / Re: Be careful with people's money on: May 18, 2024, 01:46:49 PM
He just git himself into a debt situation and that's why it's not advisable tonuse people's money to gamble cause you can end up putting yourself in much trouble, I think he needs to get himself some good self control lesson from this, no matter how profitable the option to gamble may seem its always risky and if the opposite happens you would surely regret it. It's also similar to borrowing money to gamble, I also find it quite absurd to do this cause gambling should be out of your disposable income not debt or as an expense.
And that is a wrong decision. He was supposed to think that it was not his money and he knew that people trusted him to keep the money safe and secure but with his addiction changed everything.

And this happens when we a irresponsible gamblers as we never thought this would create negative results because what is in our mind is to gamble.
Some gamblers just realize their wrongdoings after and until get caught. The sad thing is that it compromises not just their finances but also their reputations. This is how addiction could ruin one's life and be a reason why even their relatives and part of the family hate them.
42  Economy / Speculation / Re: What is going to happen with Bitcoin now? on: May 18, 2024, 10:46:59 AM
When we look at the history of bitcoin price movements after the halving, the price usually increases, but this year it seems very different, the FOMO that bitcoin gives traders means that the price of bitcoin has already made a new ATH before the halving occurs. If we still follow the history of bitcoin price movements, it is possible that next year there will be a bullrun and bitcoin has the potential to reach a new ATH again.
This shouldn't be really an issue, and we could consider the deal as something that will take some time. Of course it is not that clear if we could make money right away, but I think it is going to do fine, which shouldn't be really that much of a situation that is easy, because we should probably see the changes to be a lot more important given enough time but while waiting a lot of people will end up not realizing what kind of benefit we are going to have.

This is why it is going to be a lot of trouble for people who do not know what we are going to do, and because of this we are going to face some people selling earlier than they should, this main reason will cause a lot of trouble for people who do not understand the complete situation we are in right now.
Trust and patience are really what we need when vesting in Bitcoin. But having a lack of knowledge about this will certainly be full of uncertainties and not knowing what they will do next.

Until now, we are still not sure if we have already reached the ATH or not. We believe that history repeats itself and we assume that ATH will come next year but seeing the current situation, we might not know if we already missed it. But we can't lose hope and remain patient until the day the bear season starts again and then say it is over.
43  Other / Beginners & Help / Re: Dips are temporary but Bitcoin is forever. on: May 18, 2024, 08:06:24 AM
When we have fate, we never think about its end but if we are uncertain, worries are always in our mind and even when we try to be calm, it still bothers us, and we lose confidence.

That is why not all are able to understand the situation because they don't like the volatility of the market in the first place. Some think that buying at a dip is a wrong move but do not know that this is the right time in a volatile market.

Investing in Bitcoin is a big challenge for impatient people and a reason why even though it is proven that this is a profitable investment, many still disregard the opportunity.


44  Economy / Gambling discussion / Re: Concerns grow over online gambling among teens on: May 17, 2024, 09:55:42 PM
At last, they notice it somehow because it is already an alarming situation that could ruin their life once they fall into early addiction. I wish this also happen in our place.

It is already time for the school to act before this situation worsens. Proper education is needed as they are old enough to understand why they should not gamble while studying. Guidance from the school and as well as from their parents will be effective in battling this issue. Let them help to understand that there is a right time for gambling, not now while they are still in school. Even if it was just a friendly game, it still influenced their mind and it will carry one if not stopped.
45  Economy / Gambling discussion / Re: Is Casino Community Service Possible? on: May 17, 2024, 02:05:56 PM
Casinos already paying a high percentage taxes from their income, I think that's their basic responsibility which they can say no. Gambling is not really associated with charitable works, because this is entertainment and it targets people who like to spend money and take chances. you know, it's gambling, so  not all the time casinos make money although it's true that they make money in the long run.

Personally, I never heard of a casino involve on this activity, probably it's not just the thing of this industry.
46  Bitcoin / Bitcoin Discussion / Re: Do you trust bitcoin holders? on: May 17, 2024, 12:45:24 PM
Well, OP, it is very clear to us that Bitcoin is not anti-government. That is why we don't have any reason why we should distrust holders.
I'd rather trust Bitcoin holders the government for real. If we would really think deeply, if this is against the government then all holders are already arrested and in jail but it never happens because it wasn't.

Bitcoin holders are some of the most patient, trustworthy people on the planet. Anybody who can hold their money in an asset that drops 70% & not flinch deserves the upmost respect. We are a rare breed of strong handed investors, nerves of steel. Bitcoin holders can be trusted more than most people.
But not all bitcoin investors have diamond hands, there are also many weak hands and have dumped their bitcoins. Additionally, I don't believe anyone can stay calm and not flinch when bitcoin drops more than 70% in value. I believe that even veteran investors who have experienced this many times cannot avoid being worried. But they know how to handle that situation better than newbies, so they can avoid panic selling.

That's why I said holding bitcoin is not easy and not too many people can do it. Many people often urge others to hold and buy the dip, but at that time how many people can keep calm and do that? It's always easier said than done.
Worries can be somewhat normal and very common to doubtful individuals but for those who are old-timers, it simply disregraded.
Although we don't have data available that points out the number of holders but I believe that the majority are weak hands compared to real holders.
47  Economy / Gambling discussion / Re: 2024 NBA Season on: May 17, 2024, 07:12:09 AM
The Timberwolves owned the paint tonight against the Nuggets. They had a 20+ rebound advantage as a team led by big nights from Karl Anthony-Towns and Rudy Gobert. When they’re playing like that, they’re the best team in the NBA. Game 7 will be a great game to watch. It might as well be the NBA Finals.
Just like how they played in game 2, they dominated the Nuggets again.

43-62 rebounding disparity, that's huge, it looks like Nuggets didn't travel to play as in the rebound alone, they aren't getting it done well. Also, the nuggets struggled a lot in the 3 point area as they only shoot 19% which is very low. Well, I guess now we can say that this series is really unpredictalbe, we have a game 7 back in Denver, still it's hard to predict if the home team will dominate.

Yes, and we will give credit to the defense of the Wolves. There were immediate concern when the Nuggets started hot and so Wolves call early time out, but after that, it was a different team, playing good defense, running and hitting their shots.

McDaniels is the big difference for the Wolves with a big 21 points. Yes, as I have said before, this series is very unpredictable but the game is going to be in Denver and that they will have their home court advantage again. It's not a do or die game, but maybe the defending champions might still have some ace in their sleeves and finished this series.

Wolves have the face the big crowd of Denver in game 7, so I think it will be hard for the Wolves to win when everyone in that arena except their teams are cheeing against them. They have to stay compose and let the game flow according to their play, because if Denver are gonna be the team that will start strong like having a big run, I doubt the wolves have the ability to come back.

McDaniels played great this game but he has to keep that consistency if he wants to help his team, because game 7 is another game, adjustments are gonna be made, he should be ready with that.
48  Economy / Gambling discussion / Re: 2024 NBA Season on: May 17, 2024, 06:07:40 AM
The Timberwolves owned the paint tonight against the Nuggets. They had a 20+ rebound advantage as a team led by big nights from Karl Anthony-Towns and Rudy Gobert. When they’re playing like that, they’re the best team in the NBA. Game 7 will be a great game to watch. It might as well be the NBA Finals.
Just like how they played in game 2, they dominated the Nuggets again.

43-62 rebounding disparity, that's huge, it looks like Nuggets didn't travel to play as in the rebound alone, they aren't getting it done well. Also, the nuggets struggled a lot in the 3 point area as they only shoot 19% which is very low. Well, I guess now we can say that this series is really unpredictalbe, we have a game 7 back in Denver, still it's hard to predict if the home team will dominate.
49  Economy / Gambling discussion / Re: Does destiny has influence in the amount we can win in gamble? on: May 16, 2024, 10:12:22 PM
I actually see an interview with a gambler who has been buying lottery tickets for more than a decade but never wins the jackpot prize.
I believe there is a destiny of winning in gambling because I see some gamblers easily win. But, we couldn't question why because this is gambling and it is all bout luck. We could think that our time to win is not arriving yet but to regret to see that some people are spending a lot of money before they hit the jackpot prize.

That is why some gamblers always think "There is next bet, maybe I was lucky". Whether it is our destiny or luck, there is time to win but the problem is that we never know when.
50  Economy / Economics / Re: If you want to be wealthy you need action on: May 16, 2024, 09:45:13 PM
You need to take action and learn from the mistakes
Knowledge come only from experince.

Good point mate!
Those who are afraid to fail and commit mistakes will never improve their life because they are not able to change their way of earning money in the first place. If we look at how these investors are doing, they always taking high risks, searching for other earning opportunities, and putting money without a doubt. But there are 2 things I see as to why they become rich aside from being risk-takers their behavior and their mindset. Despite how many times they fail, they never give up and continue their plan. We really feel how aggressive and motivated they are when it comes to business and this is lack by most of us.
51  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: May 16, 2024, 01:30:44 PM
Predictable indeed, they are just so lucky that they exploded for 39 points in the first quarter and have a comfortable 17 points lead, if not for that they might have lost the game. Moving forward, ROS will face SMB Beermen in the semis which i think the Beermen will win as the Elastopainters don't have anyone that could stop the Kraken down low.

That's for sure, and aside from the SMB which is already a good 3 point shooters, they also have players that could attack the paint. The 2nd unit of the SM is more than enough to beat the starters of the ROS, so I doubt it will be a long series, unless.....if you know what I mean.

52  Bitcoin / Bitcoin Discussion / Re: Don't invest in Bitcoin because others are investing in Bitcoin on: May 15, 2024, 09:46:17 PM
That is true. I remember my first investment in BTC many years back, a friend actually persuaded me to invest in it. He literally did everything as I had zero idea what BTC was, but I didn't want to make him feel bad, so I obliged. I can tell you that today that investment was a complete waste. I couldn't retrieve my investment because what I investment is way below their minimum withdrawal. Meaning I can't withdraw it.
If I had taken time to understand their terms, probably that wouldn't have happened, but it did happened because I lacked the right information.
That's it. People who invest having zero knowledge will end up in regret. Good thing that was just our problem because some individual had lost their money due to using the wrong wallet (fake) and scam sites.

The thing we have in our mind is not to rush from investing, we just do it once fully understand how it works and we believe in ourselves that we can do it alone. Whether you agree on me or not, that person who told you and encouraged you to invest will never take responsibility if ever you lose that is why you should know first how to take care of your money. And this is impossible if we don't have any idea about this and most it happens you sell in panic.
53  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: May 15, 2024, 07:55:41 AM
Based on the interview on CJ, he said that this team has gotten stronger already, because before when they'll face the DYIP, they'll just say "matic", which means they know they can easily beat the team, but now it's quite different, so this last game should not be miss.

I really doubt this honestly, all of the sudden this farm team will get better? I think there's something wrong with the officiating, you know there has been a rumor that PBA is fixed, so since they know that everyone bet on the SMB in the first game, they manipulate the game so there will be a game 2, but don't fall for that because SMB are going to smash the DYIP in a do or die game.

This opinion of mind is only based on my analysis as a gambler, if you are a fan and not gambling in PBA, pardon me with my opinion.

Well, I guess I'll follow your idea and will bet on the SMB. However, I'm quite not so confident with the spread now which is -10.5, do you think if they'll win they'll be able to cover that high spread. The game will start in less than an hour, it's a do or die for both teams but it would be disappointing if SMB's gonna loss again.
54  Economy / Gambling discussion / Re: NBA 2023-2024 betting on: May 15, 2024, 07:27:17 AM
I also had the Knicks as well with the -1.5 and it didn't disappoint those who bet on them ML or the handicap as they covered it with a lot of spare if you bet on them pre-game. Jalen Brunson was on fire in this game with a huge 44 points.

So now it goes back to Pacers homecourt. And I think we might see a game 7 in this series.

Too bad folks like us who believed that the Pacers would be good enough to bring the momentum they had in game 4 at Indiana tonight, but Haliburton's performance was way below average, I expected better from him. As most have already pointed out over the course of this series that he just like to stick to making and facilitating plays.

He doesn't get aggressive with scoring when he's not able to make plays or his teammates are having a tough time with finding the basket. Having just 9 field goal attempts is never going to win them games if his team aren't scoring, it would not even matter whether they're on home, If he attempts similar numbers or less in game 6, then I'm definitely sure that it will be a Knicks win in 6.

Haliburton   is not too selfish that's why he didn't carry the team. The scoring within the team is very much spread but it doesn't result in a win. I think they need to make an adjustment in game 6 so they'll bring this game to 7. I now have doubts if the Pacers have the killer instinct to be a champion because they are inconsistent sometimes. Well, I must say that these two teams are very well match up, so may the best team wins, and I think bettors just have to follow the trend, and with that said, it should be the pacers with the spread in game 6.
55  Bitcoin / Bitcoin Discussion / Re: Crypto as job salary - Yay or Nay? on: May 14, 2024, 09:25:47 PM
Let's say you have a job that gives you the option to have your salary paid in BTC, ETC, or any other cryptocurrency, would you prefer that or would you rather still be paid in fiat? If you'd prefer crypto payment, which currency would you choose and why?

This would be your hard-earned money that can either grow on its own or shrink in value within a small time.
I'd just consider the government and local position regarding Bitcoin adaption which is why I still prefer to pay in fiat than BTC (or any stable currency).

Reasons:
 - BTC is not accepted yet as a mode of payment
 - I still need to spend a few bucks to convert it into fiat money
 - volatility of the price

This is a salary that I expect should be the intact amount I received but if the BTC payment is pushed through, that possibly be changed due to its volatility and some extra trx fees. I believe the best option remains to fiat unless the employer covers all the extra fees that may happen.
56  Economy / Gambling discussion / Re: NBA 2023-2024 betting on: May 14, 2024, 12:49:59 PM
Anyone who thinks that the NYK will make a comeback in the next game as MSG?

I have them at -1.5 this early at 1.88 odds, I think despite that they lack personnel, they will have to bounce back in this game and the Villanova boys will have to find a way to win and get back the momentum in this series.

They struggled without OG, if he will not play, I think the Pacers will win. The confidence of the Pacers now is on the roof after they beat the Knicks by blowout last game, so I think they'll likely take the win. Currently the Knicks are -2.5, but this is already game 5, they might face the fatigue as they are undermanned and have not been using their bench effectively.
57  Economy / Gambling discussion / Re: Devin Haney - Sandor Martin Ordered By WBC For The Light Welterweight Title on: May 14, 2024, 11:44:24 AM
It will be a very tough fight for Haney because Sander is a very good opponent and winning him is going to be hard for Haney. I guess this time Haney is going to face the toughest opponent of his entire career, but I still hope he'll perform good if he fights with Sandor Martin.
His toughest opponent was Ryan Garcia as that was the only boxer that defeated him. However, if Sandor will pull an upset win like knocking out Haney, then we can say that he is the toughest opponent of Haney.

Devin Haney is good at knocking out his opponents but Sandor isn't an easy opponent. But when it comes to energy then surely we can find Haney much more energetic as he's 25 years old and has enough energy to fight Sandor who's 30 years old. But, from experience perspective Sandor is still on top, and that's why I believe Haney has to reconsider in order to defend his title.
Not really IMO, Haney is good in winning but knocking out, he doesn't have that kind of reputation. That's why if he'll win this fight, it's likely via unanimous decision win.
58  Economy / Trading Discussion / Re: How can I get into trading on: May 14, 2024, 12:56:28 AM
Good day guys!
As someone who’s new to this space and wants to start trading, what are the steps I can take to start
As other members are saying, research is the first thing you do. Besides, it was not hard since it was available on the internet.
Perhaps, it is easy to gain trading ideas but it is hard and a different situation in real trading. That is why we can ensure that even having all the needed learning we have before trading this will can't leave us confident that it all be okay. Of course, at least it is our advantage but as usual, losing is possibly going to happen.
Quote
how much of fund do I need to start?.

Spend the minimum amount required depending on the platform you use. At least, in the case of losing it all, that won't hurt you too much.
59  Other / Off-topic / Re: How much of my salary should I use to gamble on: May 11, 2024, 02:13:20 PM
Gambling is becoming a popular thing in my locality almost everyone gamble and even colleagues gamble and engage in gambling related discussions at work,  so gambling is legal and very popular so there is no Shame in using part of a salary to gamble with that is why I am asking the question of what the right percentage from my salary that I should use to gamble?
NO, I don't allocate money for my gambling habit but what I just did is to save some from my monthly allowance and use it for gambling. I won't say this is the right thing we should do or you will follow this. What I can say to you is don't keep gambling in your mind nor allocate money for it because this will mean that gambling is more important than other things. Just gamble when you have extra money, not because you allocate some percentage of your monthly income. Sooner or later, if you are allocating 0.5% today, it will possibly become 1% (or even more)someday due to addiction.

Don't think this is a piece of advice but just a reminder that gambling is just a hobby, not an important thing that we need to allocate money for it.
60  Economy / Economics / Re: Take care of your money and learn to save. on: May 11, 2024, 01:08:35 PM

The amount of money that we are earning now is divided into several parts and the remaining money is the money but if we want we can invest or save so that if there is a financial crisis in the future but this saved money will support us well. 

Well, the sad reality is that we know how to spend our money on luxurious stuff but never know how to value it and spend into the right thing.
Many individuals have huge salaries but still have no investment plan which in the end, they remain empty and broke.

We usually just realize our wrongdoings when we face difficulties in life and say, "I will money next time". Too good to hear but this kind of promise is usually broken.

So I would say that if we want to change, we also need to change our mindset about money because the moment we know how to value our hard-earned money, the more we care about it and are able to spend wisely.
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