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41  Alternate cryptocurrencies / Altcoin Discussion / Re: Solana price predictions and developement? on: May 13, 2024, 01:58:59 PM
If the memecoin craze will continue then there's high hopes with Solana Network for this bull cycle. Well, actually, Solana itself is a good coin to invest in long term. This coin is slowly getting more recognized by investors and it won't be surprising to see it as a big contender of big coins in this market in particular with altcoins. There's still a lot of room for improvement in this token and future is bright for this chain, I believe. There are still issues with transactions but as this network continues to grow, it might become better in the future still.
In my opinion, Solana is one of the altcoins that has very high potential and popularity in the crypto market, even though currently Solana is rarely talked about, Solana is very worthy of being a long-term investment, the proof is that up to now Solana can still survive and still is in the top 10 CMC, to be honest, I personally still keep Solana even though it's not that much, but the profits I get now are very good,
We saw how big its market value have jumped this year and that speaks for potential, indeed. Being considered as one of the top altcoins is already something to look forward with as this cycle continues.
42  Economy / Economics / Re: If you want to be wealthy you need action on: May 13, 2024, 12:55:26 PM
Everything's correct and for sure majority of us are aware of these things.  However, not all prople have the initiative to do what's right and avoid wrong doings. Mistakes will always be a part of one's success or attaining wealth. And indeed it would be necessary to learn from those uncertainties and use that knowledge to do better on your next venture.
Many people talk about success but not everyone can do it because luck factors, financial factors, relationships and good plans must be combined so that all become a unity that can support us to live life well and we can consider success even though it is our own version of success.

All need hard work to produce, especially if our hobby in this investment journey likes trading from market to technical issues, there must be knowledge, otherwise don't expect profits to come close. Related to the title, OP is also very directing, and indeed when the market conditions are right, we enter directly in the new pump, it is called luck.

Yes. "Many people talk about success but not everyone can do it" You are right in this matter, where often whether we or many others most of them fail and lose in this investment for various personal reasons of course after we enter the market.
I do think in such way before but as I grow up, I started to acknowledge ideologies of success. Things take time and an individual having ideas of it will already be a good thing to start with. My mentor have told me to at least have a plan as my first step and there's no need to rush things. What matters the most is to at least visualize what you aim to achieve and gather the initiative to start things on your own. Never be afraid to take the baby steps than to force running and eventually fall down.
43  Economy / Speculation / Re: I believe Bitcoin will surge to new heights after this dip on: May 13, 2024, 12:27:10 PM
No certainty but I believe Bitcoin and this market in general, would be creating new prive ceiling this year. Of course expectations will still be associated with recent halving . The market price fell hard indeed but at least it sits on the resistance zone which gives me hope for a full recovery few weeks or months from now. I'd rather wait than to panic and sell my holdings because I don't want to regret things afterwards. The bull cycle is just about to start and there's more to hoping recovery.
You don't need to consult or listen to analysis from any analyst, bitcoin's price increase is inevitable and will definitely happen, the only problem is time. That's why people often advise each other not to pay too much attention to the short-term volatility of bitcoin, look at the long term and bitcoin will never disappoint us.

In mid-May, we had a lot of news related to inflation and everyone was waiting, but even if the results were not as expected, there was nothing scary. The negative effects will also be absorbed soon, bitcoin will have a correction because of them but then bitcoin will also recover.

I remember in 2022-2023, we had a war, inflation peaked, the Fed continuously raised interest rates but could not stop the recovery of bitcoin. And at the present time inflation has decreased somewhat, the impact from the war is no longer too much, so there is nothing to fear.

I agree with you, we have had all the worst possible scenarios in recent times, war in Russia, FTX, inflation, war in Israel... and bitcoin continued its natural movement, it is even well advanced, I imagined that at halving the price would be at 35-40k range. But it passed that and we reached ATH, an unprecedented fact... I'm quite bullish, this year and the next promise to be very interesting, just be patient.

It even fell down to $16k and that is enough for me to believe that Bitcoin is capable of recovery. What we experienced is just a part of its natural market volatility. What's best is to embrace it and if you have the means to do so, fill your bags more of it and wait for the uptrend to take place. It might not happen soon but there's this feeling that it will.
44  Economy / Gambling discussion / Re: Losing all your fortune with just 3 years on: May 12, 2024, 10:07:11 PM
Jeez man, that’s a lot of money. These are the type of cases that usually lead to the victim doing something stupid like committing suicide because of the shame, pressure and regrets he’ll face from his family.

I just did a quick scan through the article you shared and one part caught me attention.



This is insane - losing $5 million in a single day is not something that someone that is with us sane mind would pull off.
Just a normal day for people who have big drives in gambling along with big bankrolls. This kind of story have been heard with other rich people and nothing's really becoming a lesson unless it personally happens to you. Huge amount of money indeed to just be lost in gambling.  This is the problem with most of the rich people in both land based and online gambling that they are pushing their luck too much because they're so confident of their businesses and salaries. At the end of the day it is him who'd know if he's in the verge of baankruptcy due to this instance and it will still him to decide whether he would continue playing or haave it a stop already.
Jeez man, that’s a lot of money. These are the type of cases that usually lead to the victim doing something stupid like committing suicide because of the shame, pressure and regrets he’ll face from his family.

I just did a quick scan through the article you shared and one part caught me attention.



This is insane - losing $5 million in a single day is not something that someone that is with us sane mind would pull off.
Obviously, this person is in deep addiction already. You won’t see any person betting on that huge amount and lose all of them in just a single day. One who did that is already out of his right thinking. I guess that’s how tempting having everything you have especially in terms of money, that you’ll end up doing things without thinking what would be consequences after you lose everything.
Actually it is hard to tell. Yes for us it is really a huge amount of money but he's a businessman and I hope these numbers are still under his risk tolerance. If he's being problematic about this loss, then decision should be made by him already. I still consider the idea that he's aware of this and his bankroll is just that big leading to this scenario, since I don't know much of him. He's in addiction if things are falling apart because of this loss.
45  Alternate cryptocurrencies / Altcoin Discussion / Re: Selling BTC for Alt Coins? on: May 12, 2024, 04:03:21 PM
Wow, in my opinion it's just an option because both are equally good for investing, but if you have made a profit after selling Bitcoin and exchanging it for altcoins I think that's okay, but if you still haven't made a profit from your investment then it's best if you Don't sell it yet because the price of bitcoin will definitely rise again.
If it us progress with market price in long term then edge would be to Bitcoin regardless of higher increase rate with Altcoins. Best thing to do is to diversify your money to both Bitcoin and altcoins of your choice. Volatility is higher thn with majority of altcoins and that simply means higher risk as well. Personally, I allot another wallet for altcoin holdings to separate my investment money than to be affected by the other. Another thing to consider is which altcoin would you be investing; not all altcoins are good for long term. If it is with major altcoins then it would be worthy of consideration.
I have around 2.1k in btc rn and was wondering if I should sell it and invest in a couple of altcoin projects, would that be a good idea?
Are you really serious that you are planning to sell your bitcoin just to invest in alt coins? I don’t know who gave you advice to do that, but seriously, anyone that asks you to do that is misleading you. I hope you know altcoins are not really reliable, anything can happen to them at any moment, and you will end up losing your money. Why don’t you just keep on holding your bitcoin and you will have peace of mind? You are desperate, looking for a coin that will give you a high reward. Don’t be surprised that you will end up losing after investing in those coins you are planning to sell your bitcoin for.

The option is not that useless at all. Altcoins are really profitable and engaging into these, would also be a good idea. I also want to oppose on selling to move into altcoins if he's chasing profit. Rate of increase with altcoins are just too convincing but will never ne as reliable as with small increase with Bitcoin's.
46  Economy / Speculation / Re: Why Bitcoin Price is Down Today? on: May 12, 2024, 03:38:03 PM
Just a normal day in crypto industry. Its market value wont be up consistently and these inconsistencies are simply the thing thaat makes it profitable to invest. As others have mentioned, there's no absolute reason on the recent market crash, also it does happen often. It could also be manipulation from big investors who took profit when price reached the new ATH. Is it a bad thing? depends on who views it. Those who sold are simply preparing to accumulate at a lower market price to simply maximize the profit. What's best right now is to also do the same thing and to focus more on adding more to your portfolio while the market is still down. Recovery is most likely to happen soon and we just have to be patient for now and avoid FOMO and FUD.
A lot of factors effect bitcoin and make it to go down and other coins too, it because of the current news or panic, the must important thing is to take precautions and do the right thing to achieve what you want, doing is to listen and follow the current threads about bitcoin
But there's no significant news stories that impact bitcoin directly though? Feels like it would be a little difficult to point it out on the current affairs when those current affairs doesn't have anything to do with the current price drop, sometimes it's just the market, some people are hodling longer than ever and there's times that people are going to not be selling for the current price, people often forget that it's the people/traders in the market that's making the price go up or down and they also forgot that bitcoin is a volatile investment, price drops happen without a warning, it can be the price peak today but then the next hour or day, the price plummets, that's the beauty of volatility, it can catch someone off guard if they're not adaptive to the current market condition.
Won't be of any help as well determining what affected the crash. We should focus more on our plans to cope up with the decline on market prices. Factors affecting the price aren't something we can revert.
47  Alternate cryptocurrencies / Altcoin Discussion / Re: From this list Which one will you Invest in for Max profit? on: May 12, 2024, 02:34:39 PM
I have holdings with memetokens but if it is with big potential then I do think that RWA projects are something bigger in the future. This narrative is full of gem projects which simply integrates real world to blockchain; some are with banking and finance, and there are also real estate and establishments. Long term development on these projects are promising without a doubt. But if you're worried then diversification would be always an option and more advisable than to go all in to a single project. There are still maarket confirmations we are about to see and it would be best to observe and scout projects that could be worthy of investing your money with especially before the upcoming bull cycle.
48  Economy / Economics / Re: A lot wealthy people not smart they just use debt on: May 12, 2024, 02:05:52 PM
If it works, then doesn't it make them smart? Being in debt is not a bad thing as long as you are able to pay it on time without missing any deadlines. Rich people are taking bank loans because they want their money to revolve on their other businesses.  It also depends on where would borrowed money will be used; if it is with things having no ROI in the long run then that would be the time it would be a wrong thing to do but going back to the context, rich people are using debt to create a new business and to lt the profit pay for the interest which is really smart. Risk will be there of course but they won't be rich for nothing even if inheritance would be a factor. That's on them whether to let things fall apart.
49  Bitcoin / Bitcoin Discussion / Re: Have you successfully influenced someone to invest in bitcoin ? on: May 12, 2024, 01:34:10 PM
Yes before and unfortunately, I won't do it again. Engaging on investments should be by choice ot initiative to avoid blaming instances. Yes, he maanaged to invest in Bitcoin and other cryptocirrencies. He was so haappy with profit at first however when a dump took place on that year, he paanicked and sold his holdings ending up with huge loss. He blamed me of what happened and was no longer talking to me. Although this does not define other potential investors as well but I conclude it would be better to just share your knowledge to them and let them seek for more information before they decide for themselves whether to invest or not. In such way they'd be aware of the risk and won't only focus on the profit to be earned from engaging into this industry. Risk should always be minded and managed at all times to avoid regrets.
50  Economy / Gambling discussion / Re: Chased loss, got it back and lost everything. on: May 12, 2024, 01:05:07 PM
This is what happens if you tend to let your emotions take over you gambling activities. What happens is tht you'd be in loss and will desire to take back what you lost, then after getting closer to the amount you aare aiming, you'd have desire of winning the game but since we can't be certain of such outcome, loss awaits. Chasing for loss is not a bad thing but be sure to be prepared of the consequences. In some instances doing so leads to bigger loss, so if you're fine being in such situation then feel free to do so. Personally, I focus on setting a limitation to avoid crossing those lines; when in loss accept and try some other time and if in profit be sure to secure it if you don't want things to flip afterwards.
51  Bitcoin / Bitcoin Discussion / Re: Share your top mistakes in crypto - learning from others experiences! on: May 11, 2024, 11:53:25 PM
Here are some:

1. Sending to the wrong wallet address
2. Betting bigger than I can afford to lose
3. Pushing my luck too much
4. Betting without analyzing the match up
5. Betting to the opposing bias

Well, there are too many to mention but I guess we do all have our own mistakes inside and outside gambling. Bottomline is, you should be reflecting to learn and avoid not doing the same mistake again. Money is on the line and most of the time, it is just own fault why such things haappened and will regret it afterwards.
52  Economy / Gambling discussion / Re: Between females and males, who are more resistant to gambling losses?  on: May 11, 2024, 11:34:16 PM
Logicaly it should be male because they have higher risk tolrance thaan with female as backed by a couple of studies. Females are more practical and they won't be pushing things if they are making their losses bigger. However, realistically speaking, it could be either maale or femaale gamblers who would resist losses; it just depends on the individual. Some female gamblers are losing $10k and so does male gamblers. I think it will depend on one's financial capacity on how much and how long would a gambler be able to endure loss. Also the extent of being conscious of the consequences from doing so. Knowing which, won't really matter since nothing will be representative of such feature. At the end of the day, it is you minding the loss and deciding whether to continue or stop already.
53  Economy / Gambling discussion / Re: Expertise in Sports and Sports Market Knowledge on: May 11, 2024, 11:06:59 PM
I’m confused on the quoted post that you share here. He earlier mention that “not knowing” the sports is an advantage yet on the end part he is emphasizing that knowledge on sports is the key to success which is contradicting to each other.

The later part is always the fact here. Being knowledgeable on what you are doing especially sports will give you higher winning chance rate since you are partly relying on your skills and not pure luck. Sportsbook has a house too which means being knowledgeable can counter this initial handicap from the casino.
Same goes here, it is a bit confusing indeed. If it is not knowing anything in sports then that might be because of biases and the idea that things will still depend on one's luck. Personally, I think knowledge in sports would make you profit from this industry and will give you a better chance of winning than to just guess things and wait for your fate to decide.

For example, you are familiar with the players, team's previous matches and overall statistics. How come it won't help? Perhaps a player you know won't play on the opposing team, won't it be a factor to consider?

What creates the conflict is the idea of becoming rich in any gambling field. Yes nothing will be assured of our bets but at least analyzing is the only thing we could do in order to reduce the risk of losing, so why not grab it?
54  Economy / Gambling discussion / Re: What you think about Casinos rewards? on: May 11, 2024, 10:27:35 PM
Hi everyone,

Casinos are known for having rewards , which are almost the same in all of them and do not differ much. For example, the welcome bonuses that players get after making deposits, free spins, bonuses, etc. Although there is some difference in small details from one casino to another, their goal remains to promote and attract more visitors , players, and the positive thing here is that these rewards are motivating and give the player a distinctive gaming experience full of entertainment and fun.

Do you research the casino features before playing? Do you find these features useful for the casino and the player at the same time?
Yes I do tend to check the casino's background and legitimacy through gambling communities to assure that I won't be falling to any scam platform. Data and informations on search engines are just limited and it would be much better to directly ask gamblers who experienced playing on certain websites, at firsthand. With regards to features of rewards and registration bonuses, well I don't really hope that much for those things. Indeed offers are mostly alike with the others and rewards ain't that big. However there are people who tend to look after this feature and that's still valid. It is just personally, I am aware that rewards on free spins won't give me decent profit to chase after such feat, and if it is experiencing the platform, I'd prefer depositing a small amount directly to the site to have an impression.
55  Economy / Gambling discussion / Re: Where Will It Go If The Money Comes From Illegal Source on: May 11, 2024, 04:37:16 PM
They do not keep the money to themselves. I think it works this way. When they seize the funds, they then report to the authorities. the authorities will then start an investigation while the investigation is on, the casino still has the funds. When the investigation is completed and it turns out that the cash comes from an illegal source, the casino then hands over the funds to the authorities and their hands are off. However when the reverse is the case, the funds are returned to the account of the owner and their account is unfreezed or unbanned.



This is what I thought of it as well but for sure not all providers would do the same thing; some will keep it and use it for personal purposes; let's be real. It would be hard for us to traack on the actual process. Eitherway, it would be a hard time if you're one to be suspected of such thing because funds will be held and that your access into gambling sites as well if one is connected with the other. I've never known instaance wherein such thing actually happened.
Well I just fell like they don’t even give the legal authority the money, unless a report was is made on the account and a trace that the money is stolen so I’m not not sure they are going to give it out unless this is done, must casino that does this I just fell like they do it on their own and keep the money to them self, but how do they know if I may ask? It must be a report so they will definitely return the money if it is a report
This is what I am concerned of. The idea of them just owning the money which got restricted, is totally unfair. Make it a habit to read the Tos of platforms you are making transactions with. Also, the negative tendency of not being able to defend oneself's betting account and prove legitimacy of the funds.
56  Economy / Gambling discussion / Re: When did you realize you need to be a responsible gambler so you can continue ? on: May 11, 2024, 04:12:31 PM
When I lost an amount equivalent to my monthly salary an I had to adjust my expenses to extend my savings by that time. It's been 3 years since such thing happened to me and it became my eye opener up until now. It taught me to always manage the risk and to control oneself on whatever gambling outcome there is. Reponsibility is a must to have in almost everything. With gambling, if you'll have no control of yourself in particular with emotions, then expect nothing less than the worse or specifically, huge loss. Forcing your chances by betting more times or higher amounts, won't assure or guarantee you winning the game. If you're unlucky then you will lose, that's the idea basically. Many of us for sure experienced failure in gambling but be sure to learn on those instances to avoid
atleast, its occurence.
57  Economy / Gambling discussion / Re: They put an end to online gambling: what do you think it's going to happen? on: May 11, 2024, 03:43:24 PM
Then they should move to other countries wherein it is not prohibited. Confusing and alarming why some people are have the money to gamble but would die on such activity's restrictions. I am not against people who are betting that much and making gambling their main source of income however, restriction is something expected right? Restriction happens for a reason as well and that might be because many people are having their lives destroyed due to gambling addiction and their own irresponsibilities.
Earlier this morning I was going to work in a bus I over heard, some one complaining very badly that if the government tries to put an end to gambling. That many people will die in hungry with this our economy which nothing is working, no work for people food are at higher amount in their and some people are benefiting from gambling this days, that mostly him his benefiting from gambling.

That with $200 he can stake and win about $100000 daily something that you won't even struggle to get, they can't even pay someone at work monthly up to that amount. So if their is no more online gambling that means definitely there won't be no more gambling at all. So how will you cope in your country if eventually they put an end to online gambling?
That is impossible to win $100000 daily from only 200$. Have those peoples get it only that from gambling people get always profits?
Gambling is a source of earning it is a source of entertainment and it always have the risk in every wager to lose win and lose huge. And because I am not depending on gambling for living that's why I will not have any effect if here the government put an end to it.
Indeed exaggeration. Winning will never be certain in gambling so does making 1000x of your capital on a daily basis. That guy might just be creating drama to protect his urge to gamble endlessly.

Nothing's wrong if you really enjoy gambling but if you're too hooked up into this activity, baad outcomes are most likely to happen.
58  Economy / Economics / Re: Take care of your money and learn to save. on: May 09, 2024, 11:59:16 PM
Saving is essential however, not all people have that privilege to do so. In some places in particular with third world countries, wherein some people are only earning enough to insufficient amount on each day which makes it hard for them to save or have savings. There are just circumstances we cannot aid in an instant but the idea is there. Aside from saving there's also investments an individual could engage oneself if it is for the benefit of his/her future. The idea is growing the amount of money bigger through the years than to just let it sleep without any source of growth unless you'd put additional amount into it. At the end of the day you need to choose which would work best for you depending on the cashflow of your salary.
59  Economy / Gambling discussion / Re: What are the main points of gambling? on: May 09, 2024, 11:30:04 PM
Main points of gambling for me is risk, losing, and winning, and entertainment. And with purposes then it is with profit,loss, and emotions.
Does it mean they don't know the main points of gambling?

Sure most folks understand the core idea - put something on the line and hope luck favors you.  but that surface comprehension skips why it entices some personalities and destroys others.


This is just the fact. A lot of gamblers truly understand what gambling is all about. Just just like you stated above, they put something on the line and just hope luck favours them. The problem lies with those gamblers who decide to ignore what gambling is all about and choose to hope excessively on luck from gambling.  They do not care about other sources of income or anything else to divert their attention from gambling, they just believe gambling is their only way out of poverty. These set of gamblers who think this way are irresponsible and they are the reason people tag all gamblers as Irresponsible people. Gambling is not supposed to cause anyone pain, but people will do things wrongly and still expect to get away with it.
I doubt that all gamblers think in such way. Not all gamblrs are hoping to get out of poverty from gambling profit, sometimes it is just the idea of making their capital bigger by means of taking the risk. As long as amounts are under one's risk tolerance, then I see nothing bad at all. What makes a gambling experience worse is with how a gambler assumes and act in accordance to their will. The bigger the drive, the bigger its effect on you in particular with handling both winning and losing instances. I agree that gambling shouldn't be too much of a burden in the first place if people knows their risk appetite and if they will keep in mind tha losing the game is most likely to happen.
60  Economy / Gambling discussion / Re: Peoples expectations about casinos free spins on: May 09, 2024, 11:06:29 PM
What do you guys think that free spins are supposed to be like?

Have you ever used free spin to make money? At least a noticeable amount and withdraw it?

If you are running a new online casino will you feel good to give money away for free through free spins?

Here is my own believe, I hardly believe in free spins, because even if it turns out fine it's free money, and free money without breaking a sweat feels wrong with me, I believe this path is for the greedy people.

Free spins are not supposed to enrich you, take them as a demo to see how the online casino feels like.

What about you ? How do you feel about about free spins?
Well, of course there will be assumptions of earning big profit from it and I don't see anything bad on this. People are aware of the idea that casinos won't let someone win without putting any money on the line but there's also this thing called luck. Rewards are displayed on free spins so what to expect right? But I won't disagree with the fact that those are just for demonstration purposes, 'coz it really is.
If you are running a new online casino will you feel good to give money away for free through free spins?
If I own a casino and decide to give out free Spins, I understand that it is a business strategy to attract more gamblers to my platform because if a gambler who is new on my platform is able to win through the free spins awarded to them, they will be encouraged to want to come back and gamble some more. Free spins are never a waste because they also have the potential of attracting gamblers to your platform, it is a form of marketing strategy, and we need to show other gamblers that you are not just all about eating their money.
Yes it won't be a waste to both gamblers and providers. There's still rewards on free spins, although not as big as with actuall roulette/slot games within the platform but reward is a reward regardless of the amount. If it is just one click away then it won't be a waste of time trying. And with provider's end, yes it will help them popularize their platform.
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