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521  Economy / Trading Discussion / Re: Spot trading or future trading which trading is best for beginers? on: October 01, 2023, 08:15:08 PM
To get profits quickly, futures trading is easier to get profits, but it is the same as the risk, yes the risk of losing is very high in futures trading.
Yeah, futures are easier to make profits but it's also the fastest way to lose your money. Risk is the same with them? I don't think so, as you've have the risk is higher with futures and everyone knows that.

For beginners it is better to start with spot trading, because the risk is also smaller than futures trading. But it would be even better if you start on bitcoin investment, yes while waiting we can learn futures trading if we want to do it.
The best is to start with bitcoin investment because beginners will have their idea through it that it's not that easy to trade while they are just speculating in the market.

Because if you go straight into futures trading, I can say there we can lose money in a few seconds.
This is what the beginners need to understand but they can see that for themselves.
522  Economy / Trading Discussion / Re: Spot trading or future trading which trading is best for beginers? on: September 30, 2023, 11:12:01 AM
It's a gamble, most beginners will have a hard time dealing with the market through futures trading. And they might even regret that they have tried futures trading.
There can be some of them that could see the potential of it but then, that's just it. The harder part of it is when they don't notice that they did it and they've just lost in an instant without knowing how it works.
This is truly happening in many traders because they think that it's as easy as what they are hearing from influencers or other traders that are sharing their experiences and profits from it.
Those influencers are doing this to increase their following. They want people to feel it's simple because they only supply winning trades and not failing deals. Some of them are not profitable traders because they are unable to give PnL. Newbie traders did not realize how crucial it is; they were simply enticed by their words and jumped into trades without enough understanding, which is a significant mistake in trading because it would only result in losses. They will only discover that they are being luted and that trading is difficult when they continue to lose money.
Yeah, that's the misconception that's being injected by these influencers. Well, it's just going to be a matter of time that when someone is going to sue a few of them because of misleading information that they're sharing. There's a gray area on their side but we all know that they're there for the views and profits. That's why the more interesting and favorable to what the listeners want to hear, they're telling those things so that it looks like a simple idea that they're telling to every audience that they have trading is. The bad part of it, these newbies mostly are believing them and that's why many of them tries it out and then suddenly ends up with a bad stats for their trades because info shared are incomplete.
523  Economy / Gambling discussion / Re: Risk management and responsible gaming on: September 30, 2023, 09:56:44 AM
Government are also the one encourage to gamble like the lottery which is I think not ethical considering they are the one asking people to encourage responsible gambling as well. They may not consider it a gambling but in my area you likely have to like bet 3x in a day in a lottery and I guess that's already gambling in its form.
Yeah, we've got the public lottery and a portion of the funds collected from it are also going to the charity. While the winners of that lottery really are winning a lot of money. Although there's a controversy right now on this matter but if its' the government that allows this, there's no problem at all but in morals, you are the one to consider it and still be responsible.
That's good that it's giving back to charity and being used by the public but what's worst if it just ends up on somebody else's pocket. In morals I think that's the one that affects you and those who are close to you considering it may end up with some problem that there's something to bet for rather than putting a food on the table.
Yeah, that's the worry that we're having when it's not really going to what it should be going. But let them be, if they're doing their jobs correctly and honestly, there's nothing to worry about. And if they're not doing it and they're just putting it on their pockets, that's hard to think of what they're feeding their families out of that.

As much as possible, don't become an addict and bother the people around us, let alone ask other people for help to get rid of our addiction, obviously that is very troublesome, always remember that gambling has risks and we bear the risks ourselves and it is our job to care for ourselves.
Even if we want to say this to some people, they just can't help themselves and they'll still get addicted no matter what we want to remind them. It's that they've got their choices to stop themselves and control the addiction that they have but it's kind of hard.
524  Economy / Gambling discussion / Re: Betting Tips for Consistent Profits on: September 30, 2023, 08:47:25 AM
Tip #1: Know the bet you’re making
Sounds simple, right? It should be, but sometimes it isn’t.
It's really simple but you need to know what you're up to and what you are betting for. Sports bettors understand the odds and the changes in the handicap so if the changes are not in favor of what you like then that's how you should adjust as well.
Someone may be consistent in profits but when you say that then you should always get the profit more than your losses. But there's always the tally that you get losses and at the same time, you're also winning a few. Then, it's all about the ratio of your winning rate and as well as how you're consistently winning for which I think that it's like this day then the other day you'll get more loses.
525  Economy / Economics / Re: Building wealth it's not just one time Luck on: September 30, 2023, 07:57:41 AM
An investor in any type of business must first have a proper idea about his business otherwise he cannot succeed in it.
This is where many investors turn into businessmen who do it wrongly. They've been doing some wrong practice that makes them think that they know everything about making money just as building wealth and starting their own businesses. It is not easy, they seem to be strong-willed but being like that isn't enough when you're doing business and creating your own asset empire. A businessman who doesn't have an idea of what he's doing is doing the wrong thing, first, when you do business you need to at least have some basic idea about it. Although some advises will tell you that everything is going to be learned in the process upon doing business. Don't believe them.
526  Bitcoin / Bitcoin Discussion / Re: Bitcoin always fight back on: September 30, 2023, 07:29:08 AM
Everything that Bitcoin has been through with the SEC and the government where all planned, every government workers are into Bitcoin and crypto investment, they want to see it flourish and at the same time they want to take the biggest advantage of crypto and Bitcoin.
Not before but this time, they're starting to see the light on it when we've been into bull runs. They know how the cycle goes and this is going to be the precedent that they're about to get into by approving the ETfs.

The last hearing about the SEC chairman shows how those in the house are interested in seeing ETFs approval getting approve faster, it shows in them, and believe me, they will be able to collateralize Bitcoin by lending, using the ETFs against the real Bitcoin, this is bigger than many people know.
Before they do that, everyone's been doing that already in the forum. But they see that model as something that they can earn for and that's why these ETFs are going to be approved soon. Or they'll timing that with the halving so that the impact and pressure to the market is going to be higher than ever.

527  Local / Pilipinas / Re: Meron ba kayong napansin? on: September 30, 2023, 06:55:48 AM
Tingin ko naman hindi siya inside job kasi kung inside job at nanghihingi sila ng ransom, dapat binayaran na nila. Pero ayon naman sa balita, hindi nila binayaran at mukhang doon sila medyo nakalie low sa issue na ito. Parang ilang araw lang, natambakan naman na ng panibagong issue yung nangyari dito sa Philhealth nung Socorro na grupo tapos may hearing pa sa senado. Ang daming issue sa bansa natin pero hindi naman natututukan at nakakalimutan lang ng mga tao. Sa akin, ito yung napansin ko at kapansin pansin naman kapag may mga malalaking halaga na involve parang biglang natatabunan nalang ng mga panibagong issue tapos naiiba yung attention ng publiko.
hindi na pag-uusapan yan sa balita kahit pa mas importante yan.

panay kasi balita dyan sa Panatag Shoal na parang maakikipaggera na ang Pilipinas. si bongbong naniniwala atang tutulungan talaga tayo ng US kung makikipaggera tayo. ang tsismis dyan sa Socorro group is that yan palang bundok ni Sr. Aguila ay gagawing Edca site (US military base) kaya timunbok ni Honrtiveros. paalisin ata sila dyan sa kanilang bundok.
Oo nga puro sa Philippine Sea ang balita, ang akin naman hindi naman tayo makikipag gyera pero parang pangti-trigger din ng media yan. Pero ayaw din naman natin na makuha yang part na yan ng China kasi nasa EEZ naman natin lalong lalo na yung Masinloc. Yung sa SBSI, nakita ko nga na malapit yan sa dagat baka gawin ngang EDCA site yan, hindi natin alam kung ano ba talaga kasi unang beses ko palang narinig yan. Ang laki ng lupa doon, 350 hectares. Sa Philhealth naman, balik na ata ulit ang website nila. At may nasagap o nabasa ako na maglalabas ng something ang medusa group, antayin lang daw natin.
528  Local / Pilipinas / Re: May politician kaya na pro Bitcoin or may crypto investments? on: September 30, 2023, 06:14:00 AM
Mostly siguro ng mga politician alam yan at gumagamit. Alam naman siguro natin na kaya nilang gamitin ang crypto para sa kanilang mga kayamanan. At medyo risky siguro para ipubliko ang mga ganitong bagay dahil baka mas magtataka ang mga tao at mag uusisa sila lalo kung nalaman na may ganito ang mga politiko.
Hindi naman malalaman ng mga tao kung merong silang crypto o wala basta magsabi lang sila na sumusuporta sila sa mga crypto na puwedeng maging batas o kahit wala basta mag express lang sila ng mga salita.

Si pacquiao lang din ang alam kong politiko na open sa ganito, siguro dahil hindi naman na siya pagdududahan since yung mga pera naman niya ay galing sa boxing.
Oo mapera at mayaman naman siya at madaming mga projects ang kumukuha sa kanya para mag endorse pero hindi din natin alam kung talagang may crypto siya.
Baka paid lang siya na advertiser pero hindi naman siya vocal kaya okay lang din.
529  Economy / Economics / Re: Early Retirement [Pros and Cons] on: September 29, 2023, 11:46:18 PM
Early retirement is not the correct option,because you can earn after the retirement.
It is the mistake of many people that I've seen that they've regretted. There's no such as early retirement if you're going to rely on your retirement funds.
Take the example of richest people in the world, they have the ability to retire whether it's an early retirement or not but they are capable of doing that but just being themselves despite being billionaires, they are not retiring.
Well, for a simple living person having that much riches you'll definitely have to choose your retirement and live at peace until you die. But that's not the case for these borned businessmen as it's like embedded into their genes to never stop working.
530  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do you love and enjoy taking risk? on: September 29, 2023, 11:28:19 PM
Bitcoin is safe coin so far and whenever we talk about risk so our mean is to invest in new or meme coins which rise and drop chances are much high. we 1000$ become 10000$ in some days or drop to 100$. At once I remembered that these mentioned coins were considered high profitable coins.
I wouldn't advice people that get into meme coins or the new ones. IF we're talking about how risky investing to bitcoin based on its volatility, these are more of those.
The newer ones are very highly volatile because they get a lot of pump and dump. While the meme coins, they're also a lot of it and you're unsure if they're the best to invest with.
In the end, both of them are high risk and could do pump and dump so if you're into those and you're making, get that profit as early as you can because it's not guaranteed the next day as the market could drop fast with those.
531  Bitcoin / Bitcoin Discussion / Re: Hate speech and it impacts on bitcoin on: September 29, 2023, 10:53:49 PM
Haters, spreaders of FUD, or whatever you call them. They're all entitled to their opinions about Bitcoin, they're not like us who have nothing against Bitcoin.
But the worrying part is that when they start to disseminate misinformation. However, with the technologies that we have today and with people being smarter and wiser, these haters who are just there to spread FUD are being verified. This is the practice of everyone these days. The good thing for them is that no one will sue them as bitcoin is decentralized and even its inventor satoshi won't sue them for telling hate speech against Bitcoin.

It is indeed worrying when the mainstream media starts to spread misinformation about Bitcoins but this can be countered by research. Since Bitcoin information is all around the internet, the institution that carries the task of misinformation will become unreliable.  So they will have their ratings down and people will more likely ignore this institution's announcement. This kind of method of misinformation will have only a temporary effect but eventually will be refuted by facts.  This will backfire to the institution that release that misinformation and may probably seen as not credible institution.
I think that even the non bitcoiners are still good when it's about researching about the news that they're spreading. These media really are startling the community and the hearts of the panic sellers.
That's how it is all starting when people disbelieve them because of how the media is romanticizing information that they're reporting to the world.
Well, it is no longer a secret to the most that if it's the media telling you something, then you shouldn't be gullible to believe it quickly and you need to verify it first.
532  Economy / Gambling discussion / Re: Which games offer the best chance of a big win? on: September 29, 2023, 10:30:09 PM
Let's settle this! Based on your experience which game is more likely to bring a big win - slots, table games or crypto games?

On one hand, I know slots bring in large X's, but it is quite rare and you have to be really lucky. On the other hand, I saw people get massive multipliers on crypto games like Crash after a couple of minutes of playing. So which is it?
Big win or big money? If it's big money then I'd say that lottery. But if it's more about just wins regardless of the amount then sports betting for me.

If you ask me, which games give me the best winnings, then I will go for sports betting. In sports betting, you have something to analyze and this edge is much better than going blindly in any casino game with 100% dependent upon luck.
That's true and we're on the same opinion about them. Because if you're just about winning then you've got a better chance to win through the sports betting because you'll need to check each of your bets before doing so. You'll be doing analysis and things like reading some news about prior to the match to check if the odds are okay and the team that you're going to bet is all set and in condition.
533  Bitcoin / Bitcoin Discussion / Re: Hate speech and it impacts on bitcoin on: September 29, 2023, 09:57:33 PM
Haters, spreaders of FUD, or whatever you call them. They're all entitled to their opinions about Bitcoin, they're not like us who have nothing against Bitcoin.
But the worrying part is that when they start to disseminate misinformation. However, with the technologies that we have today and with people being smarter and wiser, these haters who are just there to spread FUD are being verified. This is the practice of everyone these days. The good thing for them is that no one will sue them as bitcoin is decentralized and even its inventor satoshi won't sue them for telling hate speech against Bitcoin.
534  Other / Politics & Society / Re: Too much pressure on the male child on: September 29, 2023, 09:28:59 PM
Here in ours, it's not just all about the male child but it is about being the firstborn. When you're family and life aren't as fortunate as the others, as firstborn, it's like you're carrying the burden of your parents that you need to do the best. Yes, the best and not better. Like being successful in your career at a young age when the opportunities are very limited and you should have a house, a car, a good savings all those stuff that can say someone's well in life. It's like part of being in a sandwich generation and just as what your society tells you there, this should end from us.
Luckily, we understand things better as we're in the middle of these two generations where adults and young adults are collaborating and we understand the past, present and the future scenarios of family matters and societal issues and taboos.
535  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: September 29, 2023, 08:51:19 PM
Odd from stake is also out.
(https://stake.com/sports/basketball/international/asian-games/43864790-jordan-philippines)
Jordan ~ 1.41
Philippines ~ 2.70
Let's show the boys some love and we know that this could be the most difficult match that they're going to be with. May the force be with the Gilas Pilipinas.
536  Alternate cryptocurrencies / Altcoin Discussion / Re: The BBC released a documentary inspired by SBF on: September 29, 2023, 08:26:43 PM
BBC should just release these docus whenever there's something off and a red flag that they've noticed for one specific personality and the service that it has been working with.

The fact that BBC is not a crypto-native media will make it harder for them to do documentaries before the incident (if any) that's why they do post-mortems. I doubt that they even have crypto focused researchers or engineer that will aid them in that regard.
Who knows but if they've started this one. I think that's the initiative from them and they are seeing that there's a lot of audience for them if the topic or docu is all about cryptocurrencies.
While with these controversies, it's not really all about dealing the crypto community but all about these cons like SBF that they're covering.
But maybe, this could give them the idea that they should start to investigate and get to know more into the crypto market to know more if anomalies like this are existing before they popped out.
537  Economy / Trading Discussion / Re: Spot trading or future trading which trading is best for beginers? on: September 29, 2023, 07:56:18 PM
Futures trading is more riskier and not a good place to start for newbies as you cannot control what’s coming whether you declared long or short.
It's a gamble, most beginners will have a hard time dealing with the market through futures trading. And they might even regret that they have tried futures trading.
There can be some of them that could see the potential of it but then, that's just it. The harder part of it is when they don't notice that they did it and they've just lost in an instant without knowing how it works.
This is truly happening in many traders because they think that it's as easy as what they are hearing from influencers or other traders that are sharing their experiences and profits from it.
538  Economy / Trading Discussion / Re: Are you on guard for any unexpected? on: September 29, 2023, 07:27:07 PM
I can say that I am well prepared for any situation. Whether there's a sudden long dip or there could be a longer pump. That's fine, we've been tested on this market and it's harder to push our desires against the market. That's the reason we don't need to be pushy but to be adaptable to any market situation that we are in. The plan is to seek for the long term run of Bitcoin and that's what we're going to do. If you are not up for it then you'll be one of those people who are going to sell at panic and you're going to regret that in the future. We all have been through that situation and we didn't like that decision when we've seen the price of bitcoin goes up for the next few months and years to come.
539  Alternate cryptocurrencies / Altcoin Discussion / Re: StarshipDoge is the next Shiba Inu! on: September 29, 2023, 06:58:09 PM
Another memecoins, among the thousands that already exist, yay. Can't even imagine why would I want to buy it, no offense.
The same thoughts that everyone is saying. This isn't new for the new coming meme coins. While they're launching, they're thinking of building their project to defeat the other existing ones.
But, they're not focusing on what they can really offer to investors although it's all known that they're just meme coins and there's no use case for most of them.
This will keep happening in the future when a new greater project emerges, they'll make new projects and their only focus is to be the "next" better project that are existing on that niche of projects, whether meme coins, Ai coins, others, etc.
540  Economy / Gambling discussion / Re: Risk management and responsible gaming on: September 29, 2023, 06:31:14 PM
Governments and several organisations work to encourage responsible gaming. This involves establishing betting restrictions, offering support to those who think they have a gambling problem, and participating in self-exclusion programmes.
And for some governments, they're even banning gambling in all forms, online and offline.

Government are also the one encourage to gamble like the lottery which is I think not ethical considering they are the one asking people to encourage responsible gambling as well. They may not consider it a gambling but in my area you likely have to like bet 3x in a day in a lottery and I guess that's already gambling in its form.
Yeah, we've got the public lottery and a portion of the funds collected from it are also going to the charity. While the winners of that lottery really are winning a lot of money. Although there's a controversy right now on this matter but if its' the government that allows this, there's no problem at all but in morals, you are the one to consider it and still be responsible.
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