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521  Economy / Gambling discussion / Re: They know the truth but they don't want to accept it, publicly on: October 09, 2023, 03:46:48 AM
Is there any spirit of good will when you intentionally give your money away in order to just have a good time gambling?
Well, if you decided to play despite knowing you can lose your money in snap then yes because it's part of it. Thus if you can't stand this fact, you are not someone playing to entertain yourself. Instead, there's a purpose why you're willing to risk your money, and that is to gain something.

Will you still participate if money is not involved? Many people will easily quit if all casinos are to be turned into no-money games, isn't it?
As long as I get the satisfaction that i'm looking for, regardless of if there's a money involve or not, I will continue to play. On the other side, there are gamblers who are playing because of money and we can't deny that. Therefore if there's no money, obviously they won't continue playing since there's no excitement anymore.
522  Economy / Gambling / Re: My best SPORTSBETTING advices! ⚽️ on: October 09, 2023, 02:40:01 AM
1. Always do some kind of research about the game and teams you gonna bet on. (Are some important player injured? Is a team good or bad home/away? Does a team have extra hard against a specific team?
This is crucial. So that you're not just blindly placing bet but you did a research to know the team, which is an edge for a gambler who's careful to pick the right team. I don't bet on the games that I have no idea, and it's really important if you don't want to lose your money.

7. Only gamble if you can afford to gamble! Gambling is not a solution to solve any economic problems, its something that should give you enjoy and be fun.
Indeed. This has been said many times but, still, many gamblers ignored this basic rule, and then will have regret after realizing they made a mistake. It's a human nature though.
523  Local / Pilipinas / Re: Mga Artista Na Scam Ng Crypto Investment on: October 09, 2023, 12:51:50 AM
Kala natin mga pangkaraniwang tao lang ang naiiscam ng mga Ponzi scheme gamit ang Cryptocurrency, ito kababalita lang 2 artista ng Gma Sparkle na mag kasintahan ang na iscam ng Cryptocurrency Ponzi scheme bukod sa kanila mayroong iba pa silang kasama  na iscam na umabot sa 8 milyon piso..

Dating modus operandi aalukin ka na mag invest para sa 5% monthly interest nung una ay narereceive nila ang profit dahil dito sila ay kumagat sa double profit na tubo hangang sa tuluyan na silang pinagtaguan ng mga scammers
Hindi na bago yung style pero marami parin talaga ang nasilaw at kahit artista natukso rin. Sino ba naman ang hindi masisilaw sa 5% monthly interest lalo na at natupad naman ito? Yun nga lang ganun talaga ang modus, sa una lang ok, pag naglagay kana ng malaki saka ka ma i scam, typical na ponzi. Satin na matagal na dito sa crypto, alam na alam na natin ang mga ganitong modus.

Nakakalungkot lang dahil crypto na naman ang ginamit na tool para makapang scam lalo na artista pa, sikat at nabalita sa national tv. Pangit na image na naman ang papasok sa isipan ng mga taong walang idea tungkol sa crypto. Ang mga negative news na ganito ang nagdi discourage sa mga tao na pumasok sa crypto, kasi akala nga nila scam. Well, hindi na rin naman bago dahil kahit dati pa marami na rin ang nabalita na similar sa news na ito. Nasa tao na lang talaga kung maniniwala o mag re-research para malaman ang totoo.
524  Economy / Gambling discussion / Re: Casino is a Games of Chance and Entertainment on: October 08, 2023, 10:08:26 AM
The outcome of the majority of casino games is mostly controlled by luck rather than ability. Examples that are often used include craps, roulette, and slot machines. Players wager on numerous outcomes in these games, and the casino has an inherent advantage that ensures they will profit in the long term.
Casino gaming is a popular source of entertainment. Instead of looking at it as a means of making money, players should approach it with the intention of having fun.

Yes, I won't argue that casino games are a game of chance. That's why it became a form of entertainment for anyone since when luck hit us, expect an amazing experience that we won't forget even if we count for several years especially if that's a decent and really a huge win.

It's very obvious that treating gambling as a form of making money is the worst idea. Making money out of luck is a risky thing to do.

Don't dare to make gambling a source of income. Not all people have a fortunate future out of doing that.
Exactly. We know gambling can make us lose more rather than to win. But if we became lucky, especially if it's a decent amount, we tend to never forget such moment because it's a lucky day of our gambling journey and that's understandable.

However, playing with a high hopes that you'll experience it again and not because you want to have fun is not good anymore. Because you're there for profit and not to entertain yourself. Therefore, if a gambler's goal is to make money, gambling is not the answer because it's too risky and relying mostly on luck. If you want a stable and reliable income then look for a real job.
525  Economy / Gambling discussion / Re: I can’t cope on my own. What do you think I should do? on: October 08, 2023, 08:09:13 AM
Be cautious. Recognize that gambling has a significant risk of losing money in addition to the fleeting satisfaction that comes with winning. Every time. Always ask yourself if the rewards truly outweigh the risks and investments.
Not many gamblers want to understand the risks in gambling, if only they managed to understand the losses and knew the risks well, there would certainly not be many who would be addicted to gambling, because most gambling addicts start from those who don't understand the risks so they don't like losing and losing money so they continue to gamble to get back the money they have lost in gambling.

Unfortunately, gamblers nowadays find it easier to become addicts because they never want to know about the risks of gambling. That's why I always remind beginners that gambling is not just for making money and a quick way to get rich, but a place where you play with the risk of losing money, but mostly they ignore it.
If they became aware of online casinos due to the advertisements on social media, it's understandable that they will also target to win huge amount since in the ads that's what they're flexing. To those who don't have idea, it is really attractive, thinking that's how easy to win and hit a jackpot.

Keep in mind, if you kept losing it's better to quit. Gambling is intended to give you satisfaction not to make you rich. Thus, even there's a group out there who can help you to win the bet if you subscribe to their VIP membership, think first if it's worth it or if it's really necessary. Well, much better to gamble using your knowledge about the game since you're betting on sports. Try to improve what you know.
526  Economy / Gambling discussion / Re: Cockfighting? on: October 08, 2023, 03:57:24 AM
^^ I think it's really hard to separate animal cruelty like cockfighting to other gambling. I mean there are countries that really like cockfighting and this become part of their culture and tradition. Yeah, it's cruel, but what can we do if it is being practice for thousands or even hundreds of years?

And as for the subject matter, I'm also not familiar with casino's offering this. So this is not possible to the OP, and I do not think that casinos are going to offer this cockfighting for many reasons. To be fair, I'm also from a country that grow up seeing cockfighting becoming a tradition and sports and used it to gamble.

You asked the question "Yes, it is cruel, but what can we do if this has been practiced for thousands or even hundreds of years?" I agree with you that it will be difficult to do, but there is nothing impossible about it. I want to remind you of progress and moral principles that grow with each century. I would like to give a few examples. For example, before people had slaves and this was a normal phenomenon and no one thought that it was possible to change, but over time this did not happen. It used to be that a person could fight with animals such as a lion or a tiger or someone else for fun, but then this did not happen.

So I agree with you that it is difficult to change this, but I want to point out that it is possible
On a norms, people are not supposed to use cocks to fight for no reasons but since there is no law that is stopping them to halt cock fight like a sport in order to gamble with it and earn profits. There are cocks that keep dying everytime this kind of events happens but the people that are using them to make money do not always care about the lives of the animals. Maybe the government have to keep an eye on this kind of events because is doe not support the laws that is guiding the animals and there environment. This kind of act need to stop or else it will lead to something else.
I agree. It is cruel to use animals for gambling especially in cockfighting that one must have to die in order for the opponent to be announce as winner. But in this kind of gambling, those who bet and taking care of a rooster to use for fighting are getting the satisfaction through this. For them it's enjoyable especially if you get the chance to watch a cockfight in the arena. They're shouting and you can't see a remorse when an animal died. It's a traditional gambling here but it doesn't seem right.
527  Economy / Gambling discussion / Re: Sometimes just flex it ( luck is all you need) on: October 08, 2023, 02:22:42 AM
The sad truth about this whole gambling stuff for me well I don't know for other but with the little experience I have gotten is that no one can be too certain and can be too safe or cautious when it comes to gambling and this is proven here in a betslip I won recently that just got me thinking of how i never even intended to forecast the odds or whatsoever, I just actually just FLEXED IT and the game came through for me which was fun because I played it for fun.

So sometimes don't think just flex it and let luck do it part friends.
You're lucky, plus the thought that you just played for fun makes it more worth it to have this result since you're not expecting anything. But not all gamblers are lucky just like you that able to flex their betslip and move on. Because many gamblers are playing with a desire to win, it might not right but that's the reality.

Luck is really crucial in order to win. But when it's a skill based games, having a knowledge can maximize our chance. It's not guaranteed but at least not a pain to try.
528  Economy / Gambling discussion / Re: Lotteries and possibility vs. probability on: October 08, 2023, 12:55:13 AM
It is very hard to win in a lottery because most of the results are based on the numbers of winners. Many people enters into lottery because they believe that they can make money from forecasting games but one of the challenges is that not everyone that do have the luck to keep winning in a lottery. There is no need for one to even have a skill to win in a lottery. Winning is based on mostly luck to keep winning. Sometimes someone can win and the next time they will win again might be in a donkey years. I prefer normal sport betting than lottery because the chances of us winning are very slim.
After I read what you wrote and you said several times that winning the lottery will depend on luck, I really agree, but all this is done just to try your luck with the amount you can afford. Like what I do, sometimes I buy lottery tickets several times with quite small amounts. to try my luck I got a big multiplier from the lottery and who knows if we are lucky to get a big win with a small ticket purchase so there is no harm in always trying with a smaller amount.
If you say you prefer sports betting with a more moderate risk of losing your money, you have to remember and look at how many big clubs in several leagues have lost or failed to win the match and I'm sure if there is a match between a big club and a weak club, it will definitely You will bet on the popular club but you will be surprised to see the club you chose being defeated by a weak club and this is the surprise in sports betting like luck in lottery.
Everything related to gambling is based on luck and for that, we have to only stake an amount that will not affect us when and if our luck doesn't pay off,  I don't really participate in lottery ticket buying but the few times that I do,  I only spend a few cents at least an amount I can afford to just throw away.

But bad luck for me I did not pick the lucky number for that round and I lost and ever since then,  I quit buying lotteries and only gamble with either sports bet or other in-house games that require my involvement in the game process.
That's true. Don't spend in gambling the money that you can't live without, a rule that many gamblers can't follow due to their belief that gambling is the answer to their problem.

Anyway, lottery is a luck based games, therefore if you buy a ticket don't expect anything, since the chance for a gambler to win is really slim. Although it can change your life (become rich) once you hit the lucky numbers. The reason why many of us are still trying their luck to lottery, good thing the ticket is cheap.
529  Bitcoin / Bitcoin Discussion / Re: My regret for not adopting bitcoin earlier. on: October 06, 2023, 10:01:18 AM
My friend who first told me about bitcoin is now a millionaire in dollars. This happened before my very eyes and I have been a regret for not listening to him when he was talking to me about bitcoin. I haven’t made any significant progress in my financial life since then, but I was presented with the opportunity to change my narrative ten years ago but I couldn’t.
It's because of your doubt like many of us here when Bitcoin is just starting. We never thought the price can rise this much. You're not alone with this regret but it happened already and we can't turn back time. Let's say you did invest 10 years ago, can you keep holding up to now? Knowing the price already had a significant growth especially during bull run. Those who were able to hold their Bitcoin from the beginning up to now are the ones who made huge profit and a real long term hodler.

Anyway, it's not late to engage yourself. At least now, you have many realization about Bitcoin since you're aware of its history. Buy and hold.
530  Economy / Trading Discussion / Re: Is a 20% Annual Return good ? on: October 06, 2023, 02:45:44 AM
With my experience in the cryptocurrency market, I decided to develop a short-term Bitcoin spot trading strategy using the TradingView platform and its strategy programming tool. I managed to create a strategy that yields an average annual return of 20% according to backtesting. My question is, is this return acceptable, or in your opinion, what would be an acceptable or good return?
For me that's pretty good already, so if you put a huge capital then you'll also have a decent return from it. But how certain you're 20% is accurate annually? The market is unstable and the profit is depending on its status so if you can make it to be consistent for annual return then it's acceptable.

Anyway, as long as you're gaining that's a good progress. When we trade or invest, regardless of how much we gain, what matter is we profit, right?
531  Economy / Economics / Re: Women are more economical than men. on: October 06, 2023, 12:44:43 AM
We had this argument where I was the opinion that most men spend money on things that they are obligated to and cannot control it at times due to responsibilities, men are used to spending money already and because of being used to it, they can find it hard to be as economical as women can be. Do you agree with this unpopular opinion that women are more economical when it comes to money and are able to manage themselves and their homes better than men do?
I agree to this. Because women are often the ones managing the finances of the family in general (food, bills, transpo etc.). So they know how to budget and value the money by prioritizing the needs before wants. Sometimes, even nothing is left for them, they can sacrifice themselves by not buying the things that can make them happy (cosmetics, jewelries or pampering themselves) just to make sure their kids are getting everything they need.

However, there are also cases wherein some men are economical than their partner, therefore it doesn't mean all women are like this. So it depends on the character of the person. Because personally I have a guy friends who can handle their family's finances better than their wives for being wise.
532  Other / Beginners & Help / Re: Let fear to lose be motivation to learn on: October 05, 2023, 07:52:53 AM
If beginners allows their fear to motivate them to learn first their won't be drastic lose in trading.
It's understandable to have this fear for newbies because they're not familiar how trading/investing works. It's a human nature and probably majority of us also experienced this when we're just a newbie in crypto.

Therefore if you're afraid to lose your capital, do something to avoid it. Fill your mind first with knowledge, it's the basic thing that a newbie should do. It doesn't guarantee that you'll not face losses in the future but it's the key to maximize the possibility to gain in your journey rather than losing your money. Sometimes losses are inevitable but that's how you can learn a lesson, if you failed use it as your motivation to improve.
533  Economy / Economics / Re: Early Retirement [Pros and Cons] on: October 05, 2023, 03:32:02 AM
as long as you can still make money, don't even think about retiring early, I know early retirement is everyone's dream but who knows what will happen next, you have to maintain your grades and productivity so that you stay healthy and respected by people.
Well, if you love your job don't retire early since you're not just working but also enjoying it. Otherwise, think if it's still healthy for you to stay or maybe retiring early is the best decision to do. It doesn't mean you'll do nothing after since you can still seek for another source of income alternative to working 8 hours a day. It can be being an entrepreneur so you holds your time, your profit and most importantly you're the boss.

Anyway whatever your decision, what matter is you plan for it and it's not a sudden decision. As you've said, if you're still capable to work then do it, because we'll never know what lies ahead. Retire if you're already confident as financially stable.
534  Local / Pilipinas / Re: Si Satoshi Nakamoto nga ba ito? on: October 05, 2023, 12:29:27 AM
Ilang post na ngayon ang nababasa ko na patungkkol sa mga nagpapanggap bilang Satoshi Nakamoto. Actually napaka imposible naman kasi na bigla nalang mag tweet si Satoshi dahil alam nyang macocompromise ang anonymity niya. Isa pa may community note na from X na the account is portraying to be someone they are not. Ewan ko nalang kung may maniniwala pa dyan.
So true. Yung mga ganito hindi na bago. Ilan na ba ang nagpakilalang sila si Satoshi? Madali lang magpanggap at tine take advantage ng iba para mag manipula. Pero kung hindi ka naman basta naniniwala sa ganyan eh hindi ka maapektuhan.

Kung mabuksan ulit yung account nya dito sa forum, maging active ulit at mag post. Eh yun mas accurate pa.
535  Economy / Gambling discussion / Re: Getting paid on gambling accounts on: October 04, 2023, 09:04:54 AM
I made a mistake of getting paid for signature campaign in gambling platform accounts.
When I got my payment, I thought I would slowly increase the amount by about 5-10% before I initiate a withdrawal. But I quickly lost control of my emotions and ended up blowing the entire balance of my account. This happened more than once, it happened about 5 times as I received money from different sources.
It’s important for me to tell this story so that others don’t make the same mistake I did. This has been a huge life lesson in managing money and emotional self-discipline .
That's a lesson learned for you. Actually it also happened to me before, but it's not a choice but a rule that the payment of sig earnings will be directly credited to my gambling account. The problem is not because the funds are in my account, but the thought that I can possibly increase it if I tried to play hunts me. Same outcome of what you experienced, I also lose my money.

If you come to think of it, this is not because you have funds to use for playing, but more on the greed for wanting more. The reason why having a self-control is important. Regardless where your fund is, if you have no self-control, there's still a possibility that you'll use (or transfer your money) to be able to play. It's just that, there's a temptation if your money is already on your gambling account since convenient to use.
536  Economy / Gambling discussion / Re: Flip or Trade? What’s The Bigger Gamble? on: October 04, 2023, 04:19:05 AM
What’s your take? Does day trading seem more of a gamble compared to a straight-up coin flip
What makes you think that way? If you're going to day trade without knowledge about it and just going with the flow, picking random coin and then waiting for a miracle, that's gambling.

But if you have knowledge and aware of what you're doing, has a skill and strategy to execute for a better result, it's different to coin flip. Coin flip is gambling, not complicated and no special skills needed. Just shows gambling and trading are different. Though they have similarities depending on the trader's style on how he/she trade.
537  Economy / Trading Discussion / Re: Trading can ruin you on: October 04, 2023, 01:32:00 AM
Trading is most times profitable and sometimes challenging to traders, but it can ruin you just as gambling if you don't know how before venturing into it
Trading is indeed challenging, but to become profitable depends on a trader's knowledge and skills. Most times profitable is not really accurate, if this is true then I should stick to it rather than switching to be a long term hodler. Because not all are successful, though some traders are really gaining decent profit. But even you're an experienced trader already, it doesn't mean you won't face any losses since sometimes it's inevitable.

So trading can ruin you if you started your journey without knowledge, it's like you're just guessing (more like a gambling). Thus it's crucial to take time to learn and gain experience before trying to trade with a huge amount.
538  Economy / Gambling discussion / Re: Can money be saved in gambling sites? on: October 03, 2023, 09:50:41 AM
We should not save large amounts of money on any gambling platform and I recommend withdrawing the balance to prevent something unexpected from happening on the gambling platform, if we have a high balance on gambling it will affect gambling on higher bets, because we think we have spare money to recover losses but actually bad choices that increase the risk of high losses on your balance. I rarely leave large balances on exchanges and gambling because I worry about making mistakes, so it's better to leave some money that I can afford to lose for gambling needs.
We only need to set aside enough money in a gambling account, especially if the money is for gambling the next day, so we don't need to deposit any other money. For the most part, we can withdraw the money and send it to another personal wallet to prevent anything unexpected on the gambling platform so that we won't lose the money, especially if it is winning money we have previously received. That's to prevent bad things because we don't know what will happen later. We can only try to prevent everything and that is for our good too. And if we only leave enough money in our gambling account, it will reduce the risk of bad things that could happen.
That's not hard to do if you're a kind of gambler who is not easily tempted to use the money to play regardless of where it came from (either from deposit or winnings from the said platform). But usually, if we have funds on our account, we tend to use it to play our favorite gambling games. This is also the reason why it is not advisable to deposit money on your gambling account just for the purpose of saving.

In addition, casinos often have a wagering requirement before you can withdraw your initial deposit so it's not really a good idea to store your funds on gambling platform.
539  Economy / Gambling discussion / Re: Educate yourself to be a frugal gambler on: October 03, 2023, 03:43:27 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.
That's how it should be. Gambling is not a source to earn money so relying on the profit you can possibly get when you gamble is not really right. Because you're not even certain if you can double your money when you use it to play.

Therefore, it's just right to gamble with a desire of having fun. So you can enjoy the games and you'll not be pressured to win because your reason for playing is to entertain yourself. If only many gamblers can have this mindset, then we can prevent seeing them becoming addicted due to lack of self-control.
540  Other / Beginners & Help / Re: Do I need a mentor in my bitcoin journey. on: October 03, 2023, 01:41:21 AM
Well, if there's someone willing to guide you (someone you personally know), that's better. But if you're going to pay for the service then it's not ideal. A mentor is not necessary to start your journey in Bitcoin since everything a newbie needs to know can be done if you exert an effort to do your own research.

Plenty of articles are on the internet (just choose a reliable source), full of information about Bitcoin. Hence, make reading a habit to gain knowledge. And of course as others have said, this forum is a reliable source of information, not just for Bitcoin but for crypto in general.
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