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501  Economy / Speculation / Re: So I guess we sell at $48626 ? on: December 12, 2023, 09:19:48 PM
Sell at $48626?

That's silly. Keep buying and sell only when necessary. Take your profits in Bitcoin.

"Technical" analysts may see Fibonacci. I see the price tripling in the 2023 calendar year.
If you don't have anything to use with your bitcoin, then continue to buy more and hold more. For now, patience is a very crucial factor. You have to be very optimistic with the market so that your motivation to buy more will even grow because that's the right thing to do. We are going to see Bitcoin halving few months from now, so we need to prepare for that and by maximizing our purchase these days will only contribute to what we deserve to reap when bull run comes.

But this is also case to case basis. If you are in need of your money so badly, then selling could still be reasonable but never spend all your profits but invest again when you see bitcoin price starts to drop its price.
502  Bitcoin / Bitcoin Discussion / Re: The risk and reward of having Bitcoin on: December 12, 2023, 08:33:45 PM
There's nothing worth having that won't require you pay a little price. In every business, there's the certainty that there'd be ups and downs and Bitcoin is no different. Only, you have to invest with what you can afford to lose. For some, the idea of Bitcoin being volatile can be appealing because it can quickly surge after it most have gone down but some too afraid to involve themselves and these group are mostly those have the mentality that it's a get rich quick scheme that has no downside.

 Then again before involving yourself in any kind of business,it's necessary to DYOR so it can help prepare you for what you are getting into. Just as the op has stated about the risks, there are many more and I'd like to include FUD as one of the risks because when you entertain such, it will make you miss out.
In order to see your investment's success, you need to pay the price first. That is dealing with the risks and continue to defeat them, if not at least learn to manage them. With bitcoin, a lot of risks and disadvantages are being said, but a lot of us here would still want to continue investing in bitcoin because of how promising it is and guaranteed profitable if you'd only know how to deal with it.

Most likely, those who have high risks are also known to give the sweetest fruits in the end, and bitcoin is a valid proof for that. That is the reason why even if other people see bitcoin as a get rich quick scheme, as a tool for criminals or a threat to the government, still bitcoin enthusiasts continue to trust bitcoin because of its high yielding rewards and profits.
503  Economy / Gambling discussion / Re: The shorter the time you spend the better on: December 12, 2023, 12:18:37 PM
You also need to have a break in gambling as it's not healthy anymore if you keep gambling day in, day out.

As for me, since I'm into sports betting, I just need half day to gamble, and I'm not so focus with watching the odds as I love to bet on pregame odds. Sports betting doesn't require much time actually, since after you analyze it, place your bet, and wait for the result, but if you want to enjoy it more, you can watch the game live, but like I said, it does need much time.

I'd say stick with your style, as long as you are entertain and you remain discipline, keep it that way.
504  Economy / Gambling discussion / Re: Which one you are good at? on: December 12, 2023, 11:39:01 AM
I can say I'm good at picking the right bet but my problem is sometimes I go so aggressive. Just like other gamblers, we want to make big money in gambling so we don't manage our bankroll properly. For successful sports bettors, they have a decent bankroll and they'll be happy if they are up at least 100% at the end of the season like the NBA, but us gamblers, we are so reckless, we want 1000% return in just a short period of time.
What do you people mean by bank roll, in tye aspect selecting a game I do pick up my games accordingly and I have bet befitting and have issues with my bet, it depends on what we selecting during, but only I'm having trying understand in statement of op and as respondents is the aspect of bankroll, so that is why I need people to tell the important of bankroll,


I guess you need to make a research more, familiarize the terms that are usually use in sports betting so you'll understand more what you are doing. Actually it's not complicated if you take time to research, it's important that you know the basics so when you want to dig more, you'll be able to improve your learnings.

Here's some of the articles that might be helpful to you.

How Does Sports Betting Work?

How to Bet on Sports for Beginners: 12 Tips to Know
505  Economy / Trading Discussion / Re: Do we need to have a stop loss if we are 100% positive about a trade? on: December 12, 2023, 07:07:48 AM
No one can predict trading outcome accurately as they can be unpredictable most of the time. That's why I don't expect traders to be 100% positive on their trades regardless if they are the professional ones. Even those who master trading still cannot perfect their trades in one way or another.

My point is using stop loss can be useful at some point. The fact that we can't guarantee trading profits in the end, then at least through using stop loss we can also prevent our trades from losing a lot. But that remains a choice for every trader as trading using stop loss most of the time has also its own share of disadvantages.
506  Economy / Gambling discussion / Re: Which one you are good at? on: December 11, 2023, 06:12:43 AM
I can say I'm good at picking the right bet but my problem is sometimes I go so aggressive. Just like other gamblers, we want to make big money in gambling so we don't manage our bankroll properly. For successful sports bettors, they have a decent bankroll and they'll be happy if they are up at least 100% at the end of the season like the NBA, but us gamblers, we are so reckless, we want 1000% return in just a short period of time.
507  Economy / Gambling discussion / Re: NBA 2023-2024 betting on: December 11, 2023, 05:16:57 AM
Lebron won the MVP, I thought the award should go to Davis. Was the criteria for judging is the overall performance in the in season tournament or just the finals? Because if it was the Finas, Davis was the one beasting, so he should have won the Award.

Anyway, we saw the lack of maturity of the Pacers, it wasn't what I expected to be honest, I thought somehow they'll be able impose their dominance but we didn't see that, their star players were bothered by the good defense of the Lakers.

I took the handicap because I had faith for in the Lakers to win. The Pacers were simply outgunned. Lakers always have an answer when Pacers are about to stay close.

It is a whole In-Game tournament MVP award so Lebron James has the merits to take it. Anyhow, Anthony Davis had a monster performance. 40 points, 20 rebounds, and a number of blocks were made. Davis scarcely missed his shots.
If that was the basis, no doubt about the win of Lebron being the MVP. He is the one with consistent contribution, Davis somehow had a big game in the Finals but prior to that it was Lebron. Pacers had learn from that experience, they will surely make a lot of adjustments to match up a team as good as the Lakers once they'll be in the playoffs.

Albeit this is just a minor accomplishment compared to the playoffs. This is how terrifying the Lakers will be in games necessary to them. But in order for them to do it, they need to be healthy.

It's only a one game competition, NBA finals or players are so different as it's a best of 7, but at least they already show a glimpse of what they can do.
508  Economy / Trading Discussion / Re: Trading is hard!!! on: December 10, 2023, 09:57:41 PM
It's funny how people see trading as a Ponzi or get rich scheme. They end up losing there hard earned money in the chase for more money.
It's also so funny how some wants to learn a life changing skill in two weeks or a month, meanwhile they spend 4-5 years studying an obsolete course.
Trading like any profitable venture takes time, perseverance and consistently developing and sharpening your skill to be profitable.
In trading you'll fail a thousand times but it's your ability to pick yourself that differentiate you from the lot. Pay for knowledge to shorten your learning time,else you'll learn and you'll learn the hard way.
Develop yourself, pay for knowledge,give time to your craft,pick yourself up any time you fail.
The sky will be your starting point 🕊️❤️
Trading gets hard because you happen to see it the wrong way. Because if you only follow the basic rules in trading, everything can be learned, even those skills will be developed to make you a successful trader. However, if you are only eager with the profits that's why you want to learn trading fast for quick profits, then that would be the problem when you trade. You will never be successful with trading having a mindset like that.

This is why trading is for everyone, but since not everyone has the right mindset in trading and not all are capable to trade, then successful trading only happens to those few ones.
509  Economy / Gambling discussion / Re: Do you believe you can win on sports betting by analyzing a betting lines only? on: December 10, 2023, 10:31:03 AM

If you want to win in the long term just get a job or start your own business and sell your services/products or whatever you have to offer.

LOL! So you are implying that it's not possible to win in sports betting consistently?

"Starting a business, selling services/products or whatever you have to offer" as what you have stated does not relate to gambling at all.

You can win in sports betting consistently if you use the strategies which are banned by the casinos. (EV betting and arbitrage betting) These strategies will indeed make you money if you use them properly. However, they are banned for a reason. The reason is, they make you win. If you are going to win all the time, how the fuck the casinos can make money? One of two has to lose money so the other can make it.

Long story short, If you make money from gambling in the long run, you will be violating the ToS of the casino. The ToS basically says, the player cannot make money for a long time. It is the casinos duty to make money. They are making the money by taking it from you.

If you stop using these strategies I mentioned, then you will have to depend on your luck but we already know that it won’t work because of mathematics.

I just want to be clear here because the title of the thread is all about sports betting.

Are you referring to sports betting?

By the way, Arbitrage betting isn't generally ban, it's only ban if you are betting on the same gambling site, but they can't forfeit or freeze your winning since it's not illegal. Shopping on different sites is probably okay as they would not be able to catch you since you are in the crypto space and we can use aliases when making an sports betting account that doesn't require a KYC. 
510  Economy / Gambling discussion / Re: Do you believe you can win on sports betting by analyzing a betting lines only? on: December 10, 2023, 10:18:43 AM

If you want to win in the long term just get a job or start your own business and sell your services/products or whatever you have to offer.

LOL! So you are implying that it's not possible to win in sports betting consistently?

"Starting a business, selling services/products or whatever you have to offer" as what you have stated does not relate to gambling at all.
511  Economy / Gambling discussion / Re: Boxing: Regis Prograis vs Devin Haney (9th of December) on: December 10, 2023, 06:36:52 AM
should have been 1.01 ML odds for Haney. Prograis was so overwhelmed by the good footwork of Haney in the early rounds that he could not figure out how to cut the gap between them as Haney also got the power in his new division. But one thing ordinary fans couldn't appreciate is that he lacks the killer's instinct. He could easily knockout Prograis as the latter's legs were no longer there.
Not only on the footwork, he was hesitant because he respected the power of Haney when he got knocked out in the 3rd round. What we saw was a masterclass of Haney, this isn't the only division he'll stop, he'll go further for sure as he knows how to carry his power and speed when moving up.


So what's next for Haney now, Shakur or Ryan Garcia?

I like to see Ryan Garcia, safer for Haney and at the same time I think it'll be more of an entertaining fight.
512  Bitcoin / Bitcoin Discussion / Re: Would it be enough to buy 100 dollars worth of Bitcoin every month? on: December 10, 2023, 06:18:27 AM
I'm preparing for the college entrance exam to go to college, so I can't make money from working. I get about $100 of allowance from my father every month. I use all of them to buy bitcoin because I can use father's credit card for expenses such as food, clothes. I can buy Bitcoin on a satoshi basis every month, but when I see people buying Bitcoin basis on the internet, I feel like I'm too behind myself. Maybe they have a much higher income than me because they have a job. I think I can only invest $100 a month for the next year or two, would that be enough? I am worried about missing big bull market with halving and etf approval.
It's like you want to ride the FOMO but the problem is you don't have sufficient funds to buy more bitcoin. My advice is, never deal with a problem that you think you won't be able to solve. Instead, be contented on your own funds and you'll see no problem. If you can't get massive profits this upcoming bull season, there's always next time for it. Just invest what you can afford to lose, and having $100 as your budget is fine enough.

However, make sure that you won't be struggling on your funds if you invest all your allowance, otherwise you will end up selling early and lost your expected future profits.
513  Economy / Lending / Re: DarkStar's Loans | BTC, USDT on: December 09, 2023, 01:26:48 PM
Partial payment sent! (BTC0.005)

622f7bfdcc2c13cbf8ffabcd5dd71edf412e71fc1ab30a736ea3cb64f6727085
514  Economy / Gambling discussion / Re: NBA 2023-2024 betting on: December 09, 2023, 01:13:13 PM
Tomorrow, folks, don't miss the championship in the in-season tournament.

The young team is going to face the King + AD, and they are +4.5 underdogs. I'm skipping that handicap; I want to go big and will opt for the moneyline. This team has defeated the Celtics and the Bucks, and I believe that's more than enough for us to convince ourselves that they won't go away without a fight. So, let's seize this opportunity while it's hot. Good luck to all!
515  Economy / Gambling discussion / Re: Do you believe you can win on sports betting by analyzing a betting lines only? on: December 09, 2023, 11:10:45 AM
If you analyze a match, all you will notice is that the old of the team you think that would win the match will be very low to the odd of the club that you think will not lose. The odd alone can be discouraging. It is good to analyze a match to know if you should select it or. But we should also consider the odd. It is good to know that a club that have most chance to win a match can still disappoint you by losing or drawing the match.

odds can be easily to understand, when a team is a favorite, like odds below 1.90, they'll likely win the game, at least that's the stand point of the bookmakers who created the odds. However, the real challenge there is on the spreads, as you never know if the favorites would be able to cover the spread or not, they can win but they may fail to cover, that will result to a losing bet.

If you are gambling and you are particularly focus on the moneyline odds, I don't think this strategy would give you a winning record in the long run.
516  Economy / Gambling discussion / Re: gambling for newbies on: December 09, 2023, 10:04:12 AM
Dice is a simple enough game that you don't need to be taught how to play it. It's just a binary choice between high and low. You pick one and make a roll. Depending on whether the result is higher or lower than a specified number you will either win or lose the bet. Once you gain some experience you can try some advanced settings to develop certain strategies.
Dice maybe easy and fun to play but it's not a type of game that you can do for long term, the house edge is gonna beat you as it's true the house always wins. When you are lucky with dice, making money is too easy because it's outcome is very fast, but mathematically, we know we stand no chance over time, so don't focus on it if you want to develop your skills in gambling.

If there is a particular sport you follow and have good knowledge about you could also try sports betting. There is no shortage of casinos offering this type of betting. You can choose one by seeing which is offering the most attractive bonus.

This... it should be sports betting, and not other type of gambling that we should focus, at least for me though.
517  Economy / Economics / Re: Idea and money are very important to investment. on: December 06, 2023, 07:36:50 PM

Do you believe idea and money are very important in investment? Or can you succeed with money without idea in that investment.

Both are very important and for me I believe idea is more important. Some people have the money but they lack Idea to put the money into proper use by themselves and even when they are able to get someone else to help them build the structure, they still lack wisdom to know what they are doing with the money but someone who has the idea without his personal money can get a loan to finance the idea that he has.

Moreover someone who has that idea has more chances to grow faster than the person only bringing in money for another person to invest for them.
Well, it's actually an advantage if you have both money and brilliant ideas that will make your investment highly successful. With ideas, you can always revise your plan if one seems to not work in the first place, and if you have the money, you can always finance your investment again if you lose at first. Unfortunately, not all potential investors have gained both, some lacks the other one which makes it hard for them to fulfill their investment.

But as you've said, if one lacks the money, you can always find some potential people to invest in your ideas. But the risk of blaming you is high when that certain investment starts to fail, so you have to also look for that matter.
518  Economy / Trading Discussion / Re: Trading is not very easy; it took my friend a long time to understand. on: December 06, 2023, 02:31:26 PM
Who says trading is not hard but easy? I bet every trader knows it that's why until now they are still struggling to win their trades despite of the market volatility and uncertainty. Except for those experts in trading, as they can still find means to make profits even if the market is not favorable to trade.

But one thing is certain, learning about trading takes a lot of time and even money. Of course, if you don't have the money to finance your trades, learning trading would be impossible. While trading with demo account is still possible without risking real funds, but it does not guarantee that what is happening with your demo account is exactly what's going to happen when you are in live trading.
519  Bitcoin / Bitcoin Discussion / Re: help me not to leave btc on: December 06, 2023, 01:44:55 PM
I'm a 19-year-old boy living in South Korea and now btt, doge, shiba inu, etc.. have skyrocketed in just a few hours on our country exchange 'upbit'. A little fomo is coming. I can't believe it's gone up more than a months I've invested in bitcoin. I personally don't want to invest in other coins, as I think bitcoin is superior.
What kind of mindset should I have to stay in Bitcoin? And I think Bitcoin is about to hit the highest price ever, so how should I plan my dca strategy?
Look for the reasons that make you invest in altcoins, and you will find that most of them are related to quick profits that will not happen. Therefore, it is better to stick to Bitcoin, especially since you are not just betting on profit, but rather you are betting that the loss will be less than the loss in altcoins, and the profit will be reasonable.
Just think that bitcoin is designed for long term investment that makes a high promising return. While altcoins are just recommended for short term as most of them are for quick profits, wherein majority do not realize those quick profits. If you can analyze it smartly, then you will know that bitcoin makes a wise investment.

If you decide to leave bitcoin, probably you saw some lapses that some of us are not aware. But frankly speaking, leaving bitcoin could make you regret your decision, as altcoins are not actually even worth keeping.
520  Economy / Gambling discussion / Re: 2023 NBA Season on: December 06, 2023, 11:38:49 AM

I wouldn't call them a hype team, I mean last year was just a start for them, and now they are trying to improved their positions after the needed experience from the Warriors lost last playoff and they are doing really good.

Yeah, they are playing good ball, and they are working together so for sure what they are doing right now is the fruit of their hard work, everyone
are involve in developing their opportunities, they just need to keep working hard and keep adjusting in each competition they are in.
The problem with this in season tournamne is just it's a do or die game, win or go home type of game, so no more adjustment on the next game unlike the playoffs where it's a best of 7 series.

Kings are good, we can see on their numbers but playoffs are a different kind of competition, it's not automatic they'll do as good as they do in the regular season. Still big respect to this young team to be on their current situation now.



Quote
What a game between the Lakers and the Suns. It was the other way around, no more catching up from the Lakers as they build a huge lead. But the Suns was able to cut it and even take the lead. I thought that they are going to win, but Reaves went nuts in the 3rd quarter matching what has Durant is putting on. And he has a clutch 3 to make a good separate and Durant missing the 3 in the last seconds to at least send the game into OT.

I was thinking that Suns already turn the game into their favor after that rally but like what you said Reaves take care of the business
to help Lakers to escape from the rallying Suns.

Congrats to all those who takes the ML during that rally of Suns, not sure if how much is the odd but it's something sweet for Lakers backer.
Reaves shoot the ball and hit it but the Suns were already trailing. The Lakers have enjoyed their advantage on size as they are really dominating the rebounding department, in fact they had plenty of Offensive rebounds which turns into points, Suns could have avoided that if they go aggressive.

Also Nurkic wasn't a factor in this game, that's a big one.
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