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5941  Economy / Gambling discussion / Re: Fate or lack of control - Gambling on: March 13, 2021, 03:29:42 AM
What is the truth in this regard, because users like me are always go lack of control even when luck is on our side. End of the day used to pacify thyself terming it as our fate and move on. Hope you guys don't do this mistake. Cry Cry

Even old members have done and sometimes do this mistake, but newbies are prone to commit these mistakes for lack of experience on how to deal with this, it's part of gambling you get excited and you can't control and you keep depositing funds in the hope that you can recover your losses but you will get disappointed because what you want will not always happen

You are right. Every gambler already makes a mistake, whether they deny or accept. But from that mistake, we can learn how to avoid making the same mistake, so we don't get the same experience in the future. But controlling ourselves will always be necessary, especially in gambling games, because that is what you can do to take care of your money. It will not be easy to recover the losses that we got before, and I am afraid that even if we add more money to try to recover, that will not work because gambling is design for having fun and enjoy the games, and not for making money.
5942  Economy / Gambling discussion / Re: Does knowing your sport and teams really make you better at betting on them? on: March 13, 2021, 02:26:29 AM
Chances of winning depends on some indicators. Knowing the stuff is one of them and it will help you to make the best decision which you could possibly do from your end. So, without any doubt, you can predict the best one by knowing the teams well. So, the process will make you better at betting.

Knowing our team and the sports we want to bet on will give you more info about what team that you should choose from the other team. We can compare the data that we've got, and we can see which team has bigger odds to win. If we can analyze better, it will not feel difficult to predict which team can win. But we should also analyze the opponent team because sometimes, the opponent has a surprise that they don't show to us, so better to analyze them. If we see they can win, perhaps we can change our selection before the match begins.
Yes mate, we should analyze both teams to ensure our winning percent more. If there has one which we have known before then it will be helpful for us and we just find out to know another one. But if both are unknown to us, then it may take time to analyze first then will be difficult too for decision making. That's why, knowing the sports and teams matter regarding this.
If we find the information, perhaps we should not try to place the bet as we don't know much about the teams, which can make us get lost. We can let the game and watch it if we want to place the bet on the next match. But that is only if we can collect as much information as possible, so we don't feel hard to select the team.

Chances of winning depends on some indicators. Knowing the stuff is one of them and it will help you to make the best decision which you could possibly do from your end. So, without any doubt, you can predict the best one by knowing the teams well. So, the process will make you better at betting.

Knowing our team and the sports we want to bet on will give you more info about what team that you should choose from the other team. We can compare the data that we've got, and we can see which team has bigger odds to win. If we can analyze better, it will not feel difficult to predict which team can win. But we should also analyze the opponent team because sometimes, the opponent has a surprise that they don't show to us, so better to analyze them. If we see they can win, perhaps we can change our selection before the match begins.

I agree, we definitely need to analyse both of them to make a good prediction. The more we know about our team, the league and the enemy team the better we can make our forecasts. It all depends on how precise we want to bet. Do we just want to bet on the overall outcome of the game or tournaments, or do we want to bet on specific goals. The more specific we can make our predictions the higher our profits in the end. For example, if we know that one of our players is especially strong during the first 30 minutes we might be able to bet on 1 or 2 goals in the first 30 minutes of the game.
That will be difficult if we want to bet on the tournament because that can confuse or divide the information. Besides that, that will be a lot of information that we need to take for every match in the tournaments. But if we can select several matches for our favorite teams, that will not be too difficult as we don't place a bet for the whole tournament. Perhaps, that will benefit us if we only place a bet on the team that we really know how their performance can give us winning at the end of the match.
5943  Bitcoin / Bitcoin Discussion / Re: Its coming i faster and would shock most people on: March 12, 2021, 06:26:14 AM
If a real business such as hotels and other things can accept bitcoin or altcoins, making crypto will be known and spread in many places. People will be curious about crypto, and they will ask the officer or search from the internet what crypto is and how to use crypto. It can attract more people to come and try to use crypto. That can help the adoption process will grow, and sooner or later, all people will know about crypto, and they will see the benefits of crypto to them. The payment methods will transform from paper money or credit/debit card into digital payment. I think we already see it will happen in many places, as in this pandemic, the government is trying to suggest people use cashless.
5944  Economy / Speculation / Re: BTC is over $54,000, hold or sell? on: March 12, 2021, 05:18:08 AM
I already sold some of my bitcoin at $55k Grin
You made the best decision as we have no assurance now of what is coming soon

If we wanna profit , we need to decide mindfully .

Quote
I am just waiting for the correction, and I think it is happening now, so I can bu back it and get more amount. It is another moment that I can sell it at a high peak, although the price still increases for a little bit after I sold it. But I make a profit now, and I have more time to buy back bitcoin. That will depend on yourself, whether you want to hold or sell it now because you must know when to buy or sell bitcoin. Always analyze the market before you do something.
If the correction had already happen when the 43k drops happen then at least you are safe already.

i already did same but only 1/3rd of my Bitcoin and converted them to another altcoins.

Although I already sold my bitcoin at $55k, I still have bitcoin, and I am still waiting for the next high price. If the price does not reach more than $60k, I will not sell it, but I think I will buy back and sell bitcoin at a low price and high price because I think that can give me a chance to profit from the gap of the price.

I already sold some of my bitcoin at $55k Grin

I am just waiting for the correction, and I think it is happening now, so I can bu back it and get more amount. It is another moment that I can sell it at a high peak, although the price still increases for a little bit after I sold it. But I make a profit now, and I have more time to buy back bitcoin. That will depend on yourself, whether you want to hold or sell it now because you must know when to buy or sell bitcoin. Always analyze the market before you do something.
It is not really a wise move to sell bitcoin when it is on the rise, it is still going higher and I think if you keep waiting for bitcoin to crash, you may end up being the upset party there because it may never crash, or at least not crash under the price you sell. I believe we are going to have a great increase and that will end up with us seeing 60k+ soon and even maybe 70k as well, if you sold right now, that means you sold way too early.

That doesn't mean that nobody should sell, there are two very valid reasons to sell bitcoin, one of them is needing money, sometimes in life we need money for something serious, not like getting a car or something, I mean serious stuff, like health or debt, and the second reason is to retire, if you think you have enough money you can sell and retire and have all the fun you want until you die because now you are retired. Aside from those two reasons, no reason could be given to sell bitcoin that makes sense.

Perhaps, you think that is not wise. But for me, I try to make a profit when the price increase. I don't know how high bitcoin prices can increase, and even the price hit $58k yesterday. I do not regret to sold my bitcoin early because I realize I can not always analyze better to predict how high bitcoin prices increase. But I believe that after the price hits the highest price, it will go down and adjusting to the lower price, so that will be my chance to buy back bitcoin.

I don't want just to sell bitcoin and make money, but I also want to have more bitcoin by buying bitcoin at a low price after I sold the bitcoin, only by doing that I have more bitcoin than the bitcoin amount that I have before. I need to make as much bitcoin as possible because I believe the bitcoin price will be more than $100k in the future. So if I only hold it without trying to increase the bitcoin amount, I can not make a big profit in the future. Perhaps, we have a different plan, so you say that.
5945  Economy / Gambling discussion / Re: Does knowing your sport and teams really make you better at betting on them? on: March 12, 2021, 04:13:44 AM
Chances of winning depends on some indicators. Knowing the stuff is one of them and it will help you to make the best decision which you could possibly do from your end. So, without any doubt, you can predict the best one by knowing the teams well. So, the process will make you better at betting.

Knowing our team and the sports we want to bet on will give you more info about what team that you should choose from the other team. We can compare the data that we've got, and we can see which team has bigger odds to win. If we can analyze better, it will not feel difficult to predict which team can win. But we should also analyze the opponent team because sometimes, the opponent has a surprise that they don't show to us, so better to analyze them. If we see they can win, perhaps we can change our selection before the match begins.
5946  Economy / Gambling discussion / Re: Fate or lack of control - Gambling on: March 12, 2021, 03:13:19 AM
I personally believe that huge losses are caused by people lacking the self-control needed to mitigate these losses. It's always guaranteed that when you gamble, at some point you will incur losses, and it is up to you the gambler, on how you will act about it. Wise and responsible gamblers will think twice about gambling more, not because they are cowards, but because they know they can only gamble money that they can afford to lose.

Yes, huge losses are because people lose control of themselves and do not enjoy gambling as entertainment. If they always remember that gambling is part of how to enjoy this life, they will not gamble out of the limit, instead always controlling their money and stop at the right time. When we gamble, we must know how much money we will use and don't try to add more money when we lose because that can attract us to gamble for more and lose more money. If we win, that will be our luck, and if we can, we should stop the game and leave the place before our minds change.
5947  Bitcoin / Bitcoin Discussion / Re: Time to sell my BTC? on: March 11, 2021, 09:16:38 AM
So I bought BTC at £9000, made a nice amount. Is it a good idea to now sell this and move that money into alt coins? or should I  sell half BTC and buy back in after alt season is finished?

What do you think?

I think you can sell from a small amount of bitcoin and hold the rest until the price can reach the next higher price. But I don't think that using the money to buy the altcoin will be a good idea since many altcoins already increase. Perhaps, you need to wait for a while until the altcoins price gets a correction so that you can buy it at a low price. The altcoin season still happens, and I guess that the altcoin season will continue this year, and the bitcoin price will increase more than the price now. But selling your bitcoin now is a great idea since you are making a big profit from bitcoin. Or you can use that money to buy back bitcoin when the price is down and sell it again when the price reaches a high price.
5948  Economy / Speculation / Re: BTC is over $54,000, hold or sell? on: March 11, 2021, 07:00:11 AM
I already sold some of my bitcoin at $55k Grin

I am just waiting for the correction, and I think it is happening now, so I can bu back it and get more amount. It is another moment that I can sell it at a high peak, although the price still increases for a little bit after I sold it. But I make a profit now, and I have more time to buy back bitcoin. That will depend on yourself, whether you want to hold or sell it now because you must know when to buy or sell bitcoin. Always analyze the market before you do something.

Not happening right now as the price moves to $56k? But good selling price though, just a couple of thousands of dollars from our last all time high. Definitely, it's a good call on your side, since you have made profits already. Might have to wait for a bit for the price to make a correction before you can buy back cheap again. Most likely though if this March turns out profitable for all of us, we might not see $40k'ish again.

No problem if the correction needs more time to come, and if somehow, the price still increases and breaks $60k this weekend, perhaps, I will sell some amount of bitcoin again. That will help me make another profit, and still, I am waiting for the correction, and I am sure that will happen shortly. If we can not see $40k again, that will be okay because the bitcoin price can still stay above $50k for the rest of this year.

I already sold some of my bitcoin at $55k Grin

I am just waiting for the correction, and I think it is happening now, so I can bu back it and get more amount. It is another moment that I can sell it at a high peak, although the price still increases for a little bit after I sold it. But I make a profit now, and I have more time to buy back bitcoin. That will depend on yourself, whether you want to hold or sell it now because you must know when to buy or sell bitcoin. Always analyze the market before you do something.
indeed the decision to sell is that there must be the courage to hope that there will be another opportunity to buy when it goes down, because bitcoin already become is a short-term investment. it seems that the trend is headed there by bitcoin. quickly go up and quickly down, with a fairly high difference, of course if you use that opportunity it will certainly be not bad.

not all have the courage to make transactions like you do because with a high enough value it seems that the risk of losing is also thought of, even though we believe that bitcoin will increase again after the correction is made. lucky you can take advantage of that moment so that you get an advantage.
I agree that analysis is necessary before taking the steps to be taken.

As long as we can use the buy low and sell high, we will have a chance to profit. I think I still use bitcoin for short-term and long-term investment, and even I already sold some bitcoin at $55k, I still hold my bitcoin for the long-term, and if the price still increases higher, perhaps, I will sell another amount and take another profit.

I want to use this time to make as much profit as I can because I see that the moment is good to buy low and sell high, although sometimes, I need to wait for a day or more, that will be okay for me because I see the market seems doesn't move so fast.
5949  Economy / Gambling discussion / Re: Thailand government seeks measures to tackle the problems of illegal gambling. on: March 11, 2021, 04:44:07 AM
Would be much easier just to make gambling legal, that way you will avoid all the illegal gambling problems and you have more supervision.
You will also avoid money laundering that way.
Not only it will be many times more easier they will get some taxes out of gambling which are so needed during this time, due to the pandemic and the economic effects that it brought governments are facing a lot of trouble, they should not be wasting their time trying to apply such restrictions especially against a hobby like gambling that is enjoyed by the majority of people without any repercussions, and for the few that suffer from a gambling disorder they can use part of the money they get in taxes to help them to overcome those problems.

If our business is legal, we don't have to worry about the government because they will protect us from the corrupt officials who want to ask for the "security money." By having legal gambling, it can also help the government get additional income to help the country's economy, which can also help all people in this pandemic. But still, it is hard to eliminate illegal gambling because many people are not telling the officials where that place is. They don't want to tell because they can bond with the government's regulation, and they need to pay the taxes. The owner of illegal gambling doesn't want to pay on that taxes, so they don't want to cooperate with the government and hide their business.
5950  Economy / Gambling discussion / Re: Do I need to pay Tax on my Crypto Gambling Winnings? A guide on: March 11, 2021, 03:38:20 AM
So far, when I play crypto gambling and win some money and transfer it into my wallet, I don't have to pay the tax because the tax in my country is from what we got from a job that we did in real life. Besides that, when I sell at the exchange or local sellers, I only need to pay the fee for them, and although I pay the taxes, the taxes are not too big, so I don't mind paying the taxes. But I guess my government doesn't apply taxes from people who play gambling, but the government applied the taxes for people who can make money from their job.
5951  Economy / Speculation / Re: BTC is over $54,000, hold or sell? on: March 10, 2021, 05:41:41 AM
I already sold some of my bitcoin at $55k Grin

I am just waiting for the correction, and I think it is happening now, so I can bu back it and get more amount. It is another moment that I can sell it at a high peak, although the price still increases for a little bit after I sold it. But I make a profit now, and I have more time to buy back bitcoin. That will depend on yourself, whether you want to hold or sell it now because you must know when to buy or sell bitcoin. Always analyze the market before you do something.
5952  Alternate cryptocurrencies / Altcoin Discussion / Re: Simple Question - Your investing Strategy on: March 10, 2021, 04:23:20 AM
My investing strategy is very simple, just buy when the price drop (market correction) and sell it when the market recover.
If the price keep going down then i just need to hodl a lil bit longer, btw i just invest in big coins like eth btc and bnb so i don't need to worry when the price going down.

That is the basic strategy for every people who want to invest in crypto, even if they are new people. When you can buy at a low price, you don't need to worry if the price does not increase higher, but if the price is down, you have two option whether to buy more amount or wait for a while. If you decide to just wait for the price increase, you can set another strategy related to the market movements. But don't forget to have a short term and long term strategy as the market will move in both time.
5953  Economy / Gambling discussion / Re: When is the right time to gamble on football. on: March 10, 2021, 03:16:51 AM
There's no right time when you are gambling, when you want to play or gamble your money in football then just go, anytime you can gamble and you don't need to wait anything just to say that it is the perfect time to gamble. If you know how to play football and you have the knowledge on it then do some research which team is more competent.
Everytime is a perfect time to gamble, the thing is just that there is always a bad day for a gamblers and all people has that thing so just gamble those you are afford to lose.

I agree that, but that makes people gamble many times a week without thinking about collecting more information about the match. If they still do that, I am worried that they can lose money many times and can not win the game. When the time to gamble depends on ourselves and how much the money will be our decision, we always suggest not using too big money to gamble. If you don't follow this, you will just give your money without any return.
5954  Economy / Gambling discussion / Re: Sponsor Money from Casino, Is bad or Good? on: March 10, 2021, 02:14:15 AM
Sponsor money is good if it's coming from a reputable gambling site, but if it's coming from a dubious gambling site like 1XBIT who is very notorious for scamming gamblers, then it's not worth it, all content creator depends on sponsorship and bonus to be able to sustain their channel or network, I have watched a lot of videos with sponsors and it adds value to both creator and viewers. 
Certainly, to become a sponsor is not just any site that can apply for sponsorship cooperation, as you might call a problematic site and also the cost for sponsorship is not cheap. It turns out that it has been arranged and allowed, for example, a soccer club using sponsorship from a gambling site. However, the question is that if the site becomes a sponsor, it is not impossible that there are club matches that are set for victory or defeat.

That can depend on the match fixing before the game starts because perhaps, that thing is to happen too. Perhaps, the shirt sponsorship does not have to add something related to gambling. Still, they can add a logo or small image to the shirts to avoid misunderstanding between the government, club owner, and people because the government doesn't want to see the sports sponsorships. The club seems to invite people to play gambling. The promoters need to select sports sponsorships carefully to avoid the government's prohibitions related to gambling.
5955  Alternate cryptocurrencies / Altcoin Discussion / Re: Should I pick some PEAK? on: March 09, 2021, 09:04:52 AM
Any other thoughts about them? Roll Eyes

Did you already gather more information about the project? If not, I suggest you should not invest in that project and stay away from them. There are other projects which can better than the project, but you must search for more information. We can ask about one or more projects here, but we must have another source to give us the information. Otherwise, we can skip investing in that project.

Or you can wait for a while to see how good the project is running because usually, after the project launch, the price will adjust to the new price, which can be lower for the first time. I can only suggest you invest in bitcoin as bitcoin can give you a big profit in the future.
5956  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How you can determine the expected price for a new altcoin? on: March 09, 2021, 06:37:55 AM
It is hard to determine the price for a new altcoin because that depends on the market and the traders. But the project has their price for their coin, so I think that price can increase or decrease following the demand on the market. But the price of the launch for the new altcoin will depend on how much cost the project will run, and that is the team decided to give the price. I don't know how to determine the expected price, but if you are really curious about that, perhaps you can talk to some new projects to get the right answer, although you will get various answers from each developer.
5957  Economy / Gambling discussion / Re: Atari Set to Launch Cryptocurrency Casino Featuring Atari-themed Games and NFTs on: March 09, 2021, 05:03:26 AM
It is good news for the gambling industry because Atari is an old games company that still exists for a long time ago. So it can attract more big companies to cooperate with the other projects and launch their cryptocurrency casino, and if that can happen from this year, we will see a new face of crypto gambling games. Perhaps, that can bring a new experience for players out there who doesn't know much about crypto, so they can search for how to use the crypto and how to play on the gambling site. Cryptocurrency worlds need more good news like that to grow more than what we see.
5958  Economy / Gambling discussion / Re: People die from heart attack when they hit the jackpot. on: March 09, 2021, 03:58:05 AM
Perhaps, people don't know if they have heart problems because they only play gambling and they are only playing gambling without having a surprise moment for their life. But once they hit the jackpot, their feeling becomes bigger, and they can't control it, making their intension and heart speed faster without handling it. That cause a heart attack in the next second which people around them will not know because many people who got a heart attack will die at any time. Checking our health will always necessary, so we know if something is not good for us and we can prevent it before something terrible happen.

If that is the case, then these people are simply unlucky. People have to face all sort of adversities, such as loss of wealth and death of loved ones. Such incidents are more likely to trigger a cardiac arrest when compared to the news of winning a jackpot. But then, there may be people who are extremely unlucky, to die from the shock of winning lottery jackpot. Nothing can be done about that and it's pure bad luck.

Yes, it is. We hope that in the next news, we do not have to hear about a heart attack people who wins the jackpot to enjoy and celebrate the moment with their family. Heart attack can attack everyone, no matter if they won the jackpot or not because that will relate to our lifestyle. It is better to prevent than to cure the disease by doing a healthy life. Perhaps, hitting the jackpot itself will be the biggest moment for many people because not many can win the jackpot.
5959  Economy / Speculation / Re: If the FBI wallet with 141,000 bitcoins was stolen what would happen? :o on: March 08, 2021, 06:57:35 AM
The thief will be rich if they sell all of the bitcoin in that wallet Grin
I am sure they will disappear from their place and move to a country where no one will know who they are. But I am sure the FBI will have high-level security to access the wallet, and that will only for a few people who can access the wallet. People can only see the bitcoin amount on that wallet without access,  and if the FBI decide to sell that bitcoin, they will waiting for the price to hit the very highest price.
5960  Economy / Trading Discussion / Re: A book to read on when to sell (before a crash) on: March 08, 2021, 05:57:58 AM
Hi,
I am not willing to trade on a daily basis, but I know for example about the 2017 crash.
Is there a reputable book, written by a reputable author, on how to know when to sell? It's like if a crypto goes 50x in one year there is a chance at some point that there will be a crash. I need to know APPROXIMATELY when I should sell.

Thank you!

I don't know about the book. But if it is related to when to sell, that will depend on your target price to sell. For example, if you have a target price to sell at $65k, you need to hold on tight to your bitcoin and not sell bitcoin if the price not reached that price. Even if the price needs more than 3 years to reach your target price, you need to hold it still.

I think it is about your target price and how long you will hold the bitcoin because only you know when to sell, not the book, and not people suggestion.
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