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521  Economy / Trading Discussion / Re: Do Not Lose Everything Youve Gained in One day, or One Trade on: October 26, 2023, 10:05:45 PM
it is very important to be most careful while day trading when volatility is high, just as it has been in a few days now, this is specially for those who trade the futures market, trading futures is 10x more risky than trading spot, in futures trading, a simple miscalculation or failure to use proper risk management could lead to you being liquidated and all the money invested gone in a twinkle of an eye.

Best to avoid trading futures in times like this, but if you must, make sure you know what you are doing, and use proper risk management like the stop loss and take profit features, also ensure you are only trading with an amount of money you can afford to lose, and remember not to put all your eggs in one basket.

That is how important to know our capabilities as many traders underestimate the volatility of the market and then try futures trading not knowing how risky it is especially for newcomers. Many of us have been taught that Futures trading is more profitable compared to spot trading and that brings to our attention and courage to choose this one until they realize that it was not. Our common mistake is that we easily believe those people saying this without reading feedback from other traders who tried this. Even though some of them will say that they become successful but it doesn't mean that we can be like them. 
522  Bitcoin / Bitcoin Discussion / Re: Maybe I should have taken this risk earlier. on: October 26, 2023, 09:40:49 PM
I feel your regret for not seeing the potentiality of Bitcoin and many individuals have that kind of feelings. However, it is not a thing we should think about and blame ourselves as we can't turn back the time instead, make it a reason to pursue it by now. Don't mind that we are late but rather think that we still have the opportunity.

Never think OP that those who came earlier had also had a great time in crypto, some of them had also struggled hard and suffered losses. If you had been in crypto earlier, it was also uncertain that you become successful or become like those who quit.
523  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: October 26, 2023, 02:46:27 PM
So, he tested positive for illegal drugs while he was still actively playing before. I guess it's the right action, but a 6-month suspension is definitely painful, especially considering he was signed recently. But as they say, every action has consequences, and he has to face it. I hope Converge would be able to accept that and still give him a chance to play with the team once the suspension is served.

On another note, the PBA is set to return in less than 10 days! Get yourselves ready for some action. Probably next week, we'll have news about the imports for respective teams.

Are you excited for the PBA's return?
524  Bitcoin / Bitcoin Discussion / Re: Do you prepare for a Bitcoin bull run? on: October 23, 2023, 12:57:00 PM
I'm done preparing for the next bull run as I have my bag full already and now just waiting for the moment to come.
Now, people have given a hype opinion and insights about halving and the impact of this on the price. I was sure that the majority were expecting a price increase because this is what we have witnessed on the previous halving. Might have seen different market situations and price trends but gonna expect the bull season to be the next after halving. I think that nobody is selling off their Bitcoin at this time, instead of accumulating.
525  Economy / Gambling discussion / Re: How often is your luck in gambling? on: October 23, 2023, 12:20:33 PM

Most people can't get lucky in gambling but still force themselves to continue gambling until their money runs out. They can't accept the loss and deposit more to continue gambling, which will only result in more losses. Those of us who have experienced such incidents must be able to prevent experiencing similar incidents because if not, we will never learn from the experiences and mistakes we experience and cannot become responsible gamblers.
Some people can't easily move out from gambling because they think that this will give them a fortune. I understand why poor people usually fall into this because they believe in luck and once they get it, they become rich instantly. Very unfortunate that they rely on their future on luck, well, maybe they are hopeless not to see any ways to improve their living other than just relying on gambling like buying lottery tickets. Even though they already have limited sources of income, they still spare money for this just to give hope (and then lose).
526  Economy / Gambling discussion / Re: Educate yourself to be a frugal gambler on: October 23, 2023, 09:55:26 AM
Play for fun. If you are not playing for fun, you are doing it wrong. Gambling should be done to entertain yourself only, and always remember that gambling is not a sound financial investment. I have witnessed the horrors of people who blow their kids college funds and life savings on gambling at a Casino. Don't be one of these people. Have a daily or weekly gambling budget and learn which games you like and how to play them so that you can actually have much more fun playing them than just winging any game.
in this always goes the word "easier said than done"

because while the truth is we must just enjoy gambling but the thing is majority of the gamblers are seeking for money when they gamble and not the other way around.
to have fun? yeah it is but do you really handle this?
that you only play to have fun and enjoy?answer it for yourself first.
Gambling just gives us fun if we win - that was the reality. It is pretty simple why we gamble and that is we want to win. This is the primary reason why we are here and making fun is just our secondary reason.

And to say how to become frugal? It was not for gambling, in fact, some of us commit debts/loans just for this. It means that people are spending more money than saving - sometimes our savings are sacrificed as we prioritize our gambling habits. We don't need to be frugal here but just to wise in spending our money and most of all, not to fall into addiction.
527  Economy / Trading Discussion / Re: Common mistakes by unskilled traders on: October 23, 2023, 07:48:20 AM
It is normal for newbies to make mistakes so it is better not to start trading in new situations. I didn't totally forbid trading in new state I mean learn about trading in new state and try to get real experience then a new trader can definitely start trading. You may say how can a new trader learn if he doesn't do real trading yes of course a new trader needs real experience but not as trading to learn. A new trader can start his trading education with minimum amount of dollars to learn. I don't think trading with small amount of money will result in much loss. The advantage of trading with a small amount of money is that a new trader can gain practical experience and protect himself from losing money.
I don't get what you are trying to say but this is my take regarding learning trading. If you want to learn about this then make yourself ready to lose money as well. You can't learn more if you are always afraid and you can't learn more if you never spend money. That is why I could say that trading is not for risk-takers but this is for those who want to change their emotions and be proactive in every mistake and loss they have experienced.

The most common mistake that we make is we already think about profit while we are still new. It should not be on our mind but instead, on how to improve our knowledge and skills.
528  Economy / Gambling discussion / Re: Low cost but effective solutions to gambling addiction on: October 22, 2023, 09:34:33 PM
What are the other low cost but very effective solutions to gambling addiction. And typically how long will it take before the addict starts to feel more in control and less withdrawal symptoms?
One way to tackle gambling addiction without spending a lot of money is by finding an activity that you enjoy, and that keeps you entertained and engaged enough to lose track of time. The key to finding such an activity is to understand yourself better. It's important to explore your interests and passions and find something that truly resonates with you. Once you've found that activity, make time for it regularly to help you stay focused and prevent the temptation of gambling.

It is a working strategy I see and cost-free but of course, it needs dedication from the gambler who wants to stop their addiction to gambling, or else, it is useless. Cross-addiction, getting addicted to other stuff like sports could really forget gambling totally and interest. But as I've said, it all depends on the person who wants to change because many have tried but many have failed as well. Generally, it is all about controlling ourselves but with the help and strong support of the family members and friends, that is somewhat possible.
529  Bitcoin / Bitcoin Discussion / Re: Bitcoin accumulation at all time high on: October 22, 2023, 12:10:44 PM
It is only natural because the btc halving is near and everybody knows it. If you study the other halvings, you will see that btc price rocketed off afterwards. This halving will not be an exception and therefore people are feont running it. The other reason is the probably the war between Israel and Palestine. Gold is moving up too lately and  we also know that btc and gold move together sometimes. The investors are not blind. They see all these and buying every btc in the market because it makes sense to do so.
People had already anticipated such a possible thing to happen and they accumulated some while the price had not yet skyrocketed.
So while many were getting into such thinking, price increase is what we gonna expect and here we are now, the current price is the result of huge demand. Probably not because of war but surging investors while catching the price before it skyrockets. We can expect more price increase as the halving come closer and it continues to rise to the next ATH high.
530  Economy / Trading Discussion / Re: Stop Trading on: October 22, 2023, 11:37:18 AM
You know, there's this saying that goes, "Not trading is also trading." Taking breaks and knowing when to stop is just as important as actively trading. Trading psychology is often overlooked, but it plays a big role in being profitable. The factors you mentioned are all part of the psychological aspect of trading, and it's crucial to avoid trading under those circumstances. A losing streak can really mess with your mindset, so taking a break allows you to analyze your strategy, correct mistakes, and regain confidence in your trades.

Right. The perfect term would be pause from trading tho that is exactly how OP explained. It would he a regret to ultimately stop. By taking a break, we can analyze what went wrong, identify patterns and refine our approach without the pressure of trading again. We have to do something different the next time maybe. When we acknowledge the necessity to pause so we can make rational decisions and avoid common pitfalls, I think traders will have better chances of long-term success.
I don't think it was regretting but it was regrettable if we pursued trading which only losses are what we get.
We know how to stop our journey. Maybe we could start again but in the meantime, while are correcting our mistakes and making some improvements, we'd rather take a break for a while. In fact, I did this before just to picture out where I did wrong and what is the best I should have done. That is how important to recall our past trader in order to see the error that can be corrected so it won't happen again or to avoid big losses.
531  Economy / Gambling discussion / Re: What's your nice hit to leave the casino. on: October 22, 2023, 05:57:08 AM
I won't spill the beans on the exact amount because you might pass judgment on what I'm willing to risk in gambling. Let's just say it's a pretty substantial sum, something that would make me happy. But, as you mentioned the 'projection of a specific amount,' once I hit that target, I'm out, calling it a day. We can't be gambling around the clock because luck can run dry. Sometimes, it's about securing a win, and that comes through sticking to our strategy, with discipline helping keep our greed in check.

Come on, guys, be honest. Haven't we all felt that itch of greed in gambling? Did you like how it turned out? I'm pretty sure the answer is no...
532  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: October 22, 2023, 05:28:22 AM
Either SMC or TNT will contact him and will try to negotiate if ever he will decide to play, though in situation like what TNT has right now, they might be the fit team for him, together with a Kobe like import they might get that good offensive combinations to defend the crown, though for sure the competition is tougher especially with the solid SMB and the Brgy that we all know if the players are healthy will always be present from the list of heavy favorite to win the title.
That’s true with TNT and I think Bolick will perform more if teamed with the best players too.
SMB and Ginebra is always the contender as they also have an aggressive strategy when it comes to adding the key players to the team. The recent addition of Teng for SMB was a great move and for sure Teng can have a good spotlight with SMB as most of their key players are suffering from some injuries.
That could be the possible scenario if Bolick want’s to play again, I’m sure a lot of teams are looking for him and sending him the offer because he can be a big help to any team. With regards to Jeron Teng addition to the SMB, I think this is good and this might be the season for Jeron to go all out because he will have now the support of other players and we might see his prime game again just like the old days.

Let's say he decides to play now because he needs money with a baby on the way. In that case, the best team for him to join would be TNT. They're in search of a player to support Castro in leading the team. While SMB and Ginebra might have the resources to accommodate him, it could be unfair to the other teams, especially TNT, which is a legitimate competitor. They've already lost Pogoy, and now if they lose Williams, it's pretty likely they won't make it to the Finals, or I'm even worried they might get knocked out early.
533  Economy / Speculation / Re: Is Bitcoin In Bullish or Bearish Trend? on: October 21, 2023, 09:39:03 PM
Let's analyze it one after the other, currently now we are in dip season, but the market is pumping and we are moving towards an exit to this if we consider from where bitcoin has started to fall continuously till we are here today, we should also know that the bullrun is not yet started, we are only having a gradual experience in approaching it, now to your question OP, we can conclude by saying we are on a bull market presently sice the market is fast rising.
Recently, we are in a rising trend which makes us think that we are moving close to its bullish season once again. Some people say this is because of ETF news while some think it is just normal. Well, whatever the reason for the current price increase of Bitcoin this eventually happens no matter what.
As we are surpassing $30,000 again, people have already in their minds for the price to keep growing until halving. Many speculation arises that bull season started before halving but still, we're not sure where we going after the current situation.
534  Alternate cryptocurrencies / Altcoin Discussion / Re: Which old coin do you prefer? Litecoin or Dogecoin? on: October 21, 2023, 12:46:07 PM
Dogecoin is quite familiar among altcoins but since it was a meme coin, many don't see it as a great choice, especially for long-term investment. But considering these two options, I see that more people will vote for Dogecoin over Litecoin. This is how Elon Musk influenced the minds of the people who thought that he would drive Dogecoin too high just like what he did before.

We usually look at which one is more profitable but not its function which is why more people consider Dogecoin as their choice because of the possible hyped that strikes again.
535  Economy / Gambling discussion / Re: Thurman Vs Stanionis WBA world welterweight December 9 on: October 21, 2023, 11:41:13 AM
Stanionis is undefeated with a good knock out record but not experienced enough to beat Thurman I thought Thurman was going to fight Claressa in an exhibition match, well this is the fight where Thurman will prove to Claressa that he is a dangerous fighter so she will stop pestering him.
It should be enough because Thurman is a championship-level fighter, while Stanionis is relatively unknown and hasn't had significant fights against well-known opponents. The contrast here is clear, and I personally feel that this fight isn't what I expected. I thought Thurman would have the opportunity to face a more popular fighter.

Stanionis has never fought a fighter as tough as Thurman, so this is his acid test as a champion, checking his fight highlights he is good but he has fought fighters that cannot be considered top rank so this is the fight that will define him if he deserves to a real champion.
I still consider Crawford, Spence, and Ennis as the top names in the welterweight division.

Indeed, Thurman's recent fights haven't been against popular boxers. It seems like a big step down, especially considering that one would expect him to face opponents at the top of the rankings. I was personally hoping to see him fight someone like Spence, but with the rematch activated, or perhaps Ennis.
536  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: October 21, 2023, 08:37:30 AM
By the way, has this news been reported here already?

Robert Bolick, Firebonds part ways

The reason for his decision is that his wife is pregnant, and he wants to be with her always. This situation could potentially open up opportunities for other PBA teams to acquire Bollick when he decides to return to the league.

This showed up in my social media newsfeed, Bolick is going back to the Philippines. His stint with the Japan B2 League was short-lived due to the fragility of his wife's pregnancy that he must always by her side which he can't because of the "home and away" format of that league.

The question here is who will get Bolick? Will PBA teams will do a "Slaughter thing" on him?

Or he will land to the TNT Katropa who is in dire need of a point guard to replace the troublesome Mikey Williams hehe.



That's the best move he should make right now. I believe Mikey Williams' fee could be on par with Bollick's, considering they are both star players. However, I'd argue that Bollick might be more valuable to the team since he's versatile, capable of shooting from outside, and skilled in attacking as well. Joining TNT might reduce his burden compared to his previous team in the PBA, where he had to carry the team on his shoulders. Who knows, he might secure his first championship with TNT, so if the offer comes his way, I think he wouldn't turn it down.
537  Economy / Trading Discussion / Re: You are also like them? on: October 20, 2023, 08:03:37 PM
Watching these YouTuber 'technical analysts' is like witnessing a comedy show. They just scribble lines on a Bitcoin chart and act like they're gazing into a crystal ball. But the reality is, they're about as accurate as a broken clock – right only twice a day. It's laughable how they sell this snake oil, predicting the future with squiggly lines. I wouldn't bet a Satoshi on their so-called insights!
YouTubers have been known for their influential powers and attention grabber but if we talk about analysis and prediction, no way they know it nor believe them. That is why we don't just follow them easily but rather make verification first because many of these YouTubers have been paid for certain tasks like promotions and ads. We should not fall into them of whatever they speak, some of them are liars and full of jokes. Sometimes they give reviews but honestly, don't have any experience in crypto.
538  Economy / Gambling discussion / Re: 2023 NBA Season on: October 20, 2023, 11:10:41 AM

There's one thing sure for Poole this season – he'll likely make it to the All-Star game, and that will probably make him happy. Finally, he isn't living in the shadow of a superstar. With Beal already out, he has the chance to shine. This is what he wants, and let's see if he can lead this team to the playoffs. If he succeeds, there's no doubt a max contract will be waiting for him.

A few players are only given this kind of chance and he really needs to take advantage of it and not become lazy because he was cast out by his team whom he helped to win the championships. Therefore, if he could make it to the playoffs with his current teammates, then they really need to take him for that because they are no longer capable of doing that since Beal isn't around anymore.

The Wizards are likely in a rebuilding phase. Their best times were when John Wall and Beal played together, and although they didn't reach the finals, they were a consistent playoff team. Now, with Poole's time, it seems like he doesn't have as much support. It's his time to lead, and we'll finally get to see his true potential now that he isn't living in the shadow of the Warriors' big three.

Quote
He needs to make it his team and use every opportunity to make them realize that they throw the wrong player out.
He couldn't have done that; the Warriors made a well-thought-out decision. If only Poole had a strong playoff performance last season, he probably wouldn't have been traded. Unfortunately, he showed the opposite of what he displayed during their championship run, and that left the team with no choice but to trade him.

It seems like both sides are content, and it appears to be a win-win situation.
539  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: October 20, 2023, 10:04:55 AM

Also, there's another problem as Pogoy has been reported in the past to have a rare heart condition. Most likely, he'll also miss the season. This situation gives SMB a significant advantage, so I'm leaning towards betting on them to win.

TNT finds itself in a tough situation with two of their reliable players unlikely to play in the coming season. Even though they have a solid import in RHJ, it's hard to imagine them making it to the Finals with the absence of two starters. The season hasn't started yet, but it seems TNT is already practicing. The fact that Mikey Williams hasn't shown up indicates he may not be interested in playing for the team anymore. So, perhaps TNT should stop waiting for him.

By the way, has this news been reported here already?

Robert Bolick, Firebonds part ways

The reason for his decision is that his wife is pregnant, and he wants to be with her always. This situation could potentially open up opportunities for other PBA teams to acquire Bollick when he decides to return to the league.
540  Alternate cryptocurrencies / Altcoin Discussion / Re: why meme coins are trending? on: October 19, 2023, 09:35:44 PM
Why? It is because Dogecoin and Shiba Inu have been a huge influence on the minds of the people as they have witnessed hype that gives a huge profit to the investors. It followed with Pepe coins that also created a massive impact on the market bringing more attention and this - people now have been waiting for another meme coin hype. That is why every time there are new meme coins, they get crazy.
Well, I could say that this year is the year of meme coins but just like before, it has never been a sustainable project, it dumps and never rises again.
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