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61  Economy / Speculation / Re: When is next significant correction coming? on: May 09, 2024, 01:46:43 PM
If price corrections could be predicted, maybe there would be many people now who would take profit, but the problem is that they cannot be predicted. A price correction could happen tomorrow, next week, or in a few months, no one can predict. So if you ask about when the price correction will occur, maybe you won't get the answer here, because no one knows.
That’s how uncertain bitcoin is, which makes us even more thrilled to invest in bitcoin and expect to become rich 10 years from now due to its price correction that will always surprise us. However, this could be a good thing for us but for those who are never aware that bitcoin is this risky and unpredictable, I’m sure it will threaten them instead and become fearful.

Bitcoin price is always unpredictable, but if you are aware on how bitcoin price moves mysteriously, you will definitely lessen the risk and invest only in silence and patience.
The volatility of its price makes it more interesting. No matter what we do, we can never be sure what will happen next. That is why investing in Bitcoin is risky and need to understand it prior to investing so that whatever happens in the market, we never feel uncertain instead, we remain positive and calm.

But there is one thing that never changed ever since, once the price moves up, drops come next. Like before the halving, the price is in the skyrocket but just replaced by a sudden drop after halving. That scenario explains to us that not always we experience an upward direction, we also experience fallbacks. When is the next correction? We never know when but that happens after another price surge. We already have an idea but knowing exactly when it impossible.
62  Bitcoin / Bitcoin Discussion / Re: Now that Bitcoin halving have been completed, what next? on: May 09, 2024, 12:03:42 PM
The only real answer - no one know what will be next. TA is not working in crypto. However, everyone is hoping that we will see the bright future in the end of the year

I have the same impression of applying TA to crypto currencies. It's "working" but only randomly,  like the proverbial broken watch that is right twice a day. But we can hope for two things yet: that we'll somehow invent a TA that will be working with crypto and that, you are right, our future is bright. Maybe even before the end of the year we'll see some nice tendencies.
Despite the unexpected drop in the past few days, we're still positive about it and this drives us to think that this year ends with a good price position.
Yes, TA doesn't works all the time due to the volatility of the market but still, this tool plays some important roles. Even if it was just like this, I and many holders/investors still make use of this in the hope that they won't fail in making decisions.

After halving the price trends seem not to look good but I believe that the history repeats itself. The new ATH comes a few months after halving like before.
63  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: May 09, 2024, 07:52:36 AM
And it looks like the elimination game will already start this Friday (tomorrow).

As we can see on the sched https://www.pba.ph/schedule...

We have NLEX vs Bolts and TNT vs Rain or shine.  I think both match ups are unpredictable, because I believe that all of them aren't playing consistent basketball, so I would just pick the underdog of the game which I think it will be the NLEX and ROS respectively.
64  Economy / Gambling discussion / Re: How my gambling life started. on: May 09, 2024, 06:24:58 AM

Emotion can becomes bigger if we can't control but if we can learn and practice controlling emotion, we will have a chance to take care of ourselves. We don't have to use much money to playing gambling instead just use enough money to playing gambling. We knows that we must playing gambling moderately to avoids big lose.

Well, one of the things that as people we sometimes don't manage well are emotions. If we could control our emotions, I think the world would be better , in this order of ideas, or that's why I think it is, at least for me.
It is possible but not always. Sometimes there is still a gap and messes but this is normal since we are human beings. We ain't perfect and the chances of making mistakes are higher than doing good.
Quote
It is better to control the money before my emotions , because within the emotions we have joy, adrenaline and above all the management of the risk of money, because if the emotions are in such a way that I can manage the money portfolio, then I believe that history in a casino It won't take long, in this case it is always preferable to do what I say, be very careful.

Don't go to the casino carrying a lot of money as we get tempted to gamble them all. Besides, we don't need a lot of money to enjoy gambling but this is different if you are a greedy person. Becoming a responsible gambler is what we need, yet it seems to be a big challenge for us as it was not really easy as we think.
65  Economy / Gambling discussion / Re: 2024 NBA Season on: May 08, 2024, 02:05:13 PM
I guess the only interesting series now is the Knicks vs Pacers. Game 1 was a very close game, pacers almost steal one game on the road, but Knicks didn't allow that to happen as they make clutch plays in clutch times, no wonder they beat the Sixers. But now, there will be a game 2 later, the same spread in game 1 IIRC, so let's see if the Pacers will finally be able to steal one game on the road.
This was the closest series so far.

the other 3 series...

OKC vs Dallas, OKC will likely win
Celtics vs Cavaliers, Celtics will likely win
Wolves vs Nuggets, Wolves will likely win...

The outcome of these 3 series matchups is so predictable, especially the Nuggets vs Wolves series where the Wolves already gain a 2-0 advantage, and now they are coming back to their home court, no way they'll loss the 2 games.
66  Alternate cryptocurrencies / Altcoin Discussion / Re: what things can do if i hodle for long time crypto on: May 08, 2024, 12:18:07 PM

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

please update what things you do
Keeping aware of the market situation is good but not all the time because this is also one reason why an investor feels uncomfortable and worried especially when seeing a huge price drop.

If I were you, don't make a habit of checking every day, try to have some gap to do it, at least you have time to relax your mind and remain positive. If you trust the project you invested in, you never feel anything bad about it as you are certain that this project will last long and the price grow in the future. But if you feel doubts at first, don't expect success but instead failure and losses due to panic selling.
67  Economy / Trading Discussion / Re: What people some people don't know about trading on: May 08, 2024, 11:36:22 AM
I have seen where people say trading is a quick to get money.

But I see it differently. Rather, trading is a place that shows those who work hard, put in consistency and are ready to learn and those who think they can outsmart their way in.

Those who earn massively in trading are those who have dedicated 1-2 years of their time to learning a particular skill to perfection.

So, how can you earn 50-1000k like them if you didn't put in the work?
Don't worry about them because they are not a real trader and much more, they don't know about trading in real life.
What these people did was more than manipulate their minds and think that trading could make them rich instantly and easily. In fact, a lot of people are saying that but guess what, we never see them improve their living.

Even if we are in trading for 1-2 years, if we never improve our strategies, we will still be like beginners. Success is not measured by how long we've been doing this but by the output of our trades.
68  Bitcoin / Bitcoin Discussion / Re: Have you successfully influenced someone to invest in bitcoin ? on: May 07, 2024, 09:45:48 PM
Have you successfully influenced someone to invest in bitcoin ?  What was the final result, did they thank you later for this ?
Yes, I did and the result is good knowing how serious she is when it comes to investing. The things that drive her to do it successfully are the interest she has and her strong determination. She ain't making complaints because she fully understands how the crypto market works.

Telling the right and open-minded person is the thing we consider. I never tell anyone when I see doubts in their mind nor if they keep asking "what if" because that person carries uncertainties already and won't gain confidence, and the chance of failing is too high which ends up blaming me.
69  Economy / Gambling discussion / Re: NBA 2023-2024 betting on: May 07, 2024, 12:56:24 PM

I was in disbelief seeing how the Minnesota Timberwolves were crushing the Defending Champion the Denver Nuggets it was horrible Jamal Murray was stopped with 13 rebounds 2 assists and 8 points while Nikola Jokic with 16 rebounds, 8 assists, and 16 points stopping the 2 Giants of the team because of the strong defense of the Minnesota Timberwolves, and the 3 point shooting of Karl-Anthony Towns and Anthony Edwards remarkable play through it was really those key component that the Minnesota Timberwolves win this game and for the Denver Nuggets committing so much turnover.

The defense was very impressive, it looks like they really found the recipe on stopping the Denver Nuggets. I guess lot of bettors loss their money on that game as the line opened at -5.5 and close at -7.5, the line movement was due to the announcement that Gobert will not play, but instead of the Nuggets taking advantage on that, they even experience the loss worst of the series so far.
70  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: May 07, 2024, 12:37:42 PM
NLEX should not lean only for berto but they need to come up with their resources,  if they continue putting that big burden to him opponent will focus the defense on him and  for sure there's always a  man for the job in each squad that they are competing against with.

I guess they didn't learn on this previous losses. they are still heavily relying on him, Berto now in NLEX is just the Donovan Mitchell of the Cavaliers, so let's see how they'll progress in the elimination match. Actually, NLEX is capable of beating strong teams as they had proven that by beating the Ginebra, and they can also play a defensive game as this game only has a total of 148 points, so it was a very defensive game.

On this particular game, only Bollick who were able to score at least 20 points from all the players, he scored 25 from 10-24 shooting, or 30% of the total team attempt.

Good comparison, seems that a good defensive stop will lead them losing the game, if there's no one who can provide them numbers that will let them survive then there's no chance for them to reach the finals or if ever they manage to reach the finals and who's waiting for them? SMB? Gin Kings or maybe TNT? those are teams that have solid cores, meaning to say that they are complete with both defense and offense, though TNT is not that tough as how they are before but still got that rotations that will give their opponents a hard competition to win, but then again, lets wait for the next round and see how NLEX will adjust and how they will continue their campaign for this season.

NLEX can't beat the SMB with how they are playing. SMB can easily minimize the production of Berto and the offense will already shutdown. Though  the NLEX are fun to watch with Berto but they aren't a championship team yet, maybe if Berto will join a championship team, that will be the time that he'll win a championship for his own. I think the best team for him to land would be the Ginebra so he would also get a help to improve his defense.
71  Economy / Speculation / Re: LAST CHANCE TO BUY BITCOIN..... on: May 07, 2024, 12:00:46 PM
I don't say there is a LAST Chance in investing Bitcoin but if we talk about the best time this would be our chance now before the skyrocket.
We just keep in mind that investing in Bitcoin can be started anytime but much better for a cheaper price even applying the DCA strategy. We never force people to buy but at least, we encourage them to do that if we are looking for a good profit in a short period.

The situation still gives a a favor to accumulate (or accumulate more) but of course, better look at the budget limit. We tend to keep on that safe level rather than forcing ourselves to go beyond the limit. This is not the Last Chance, there still more drops coming and that is if you can wait.
72  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: May 06, 2024, 03:12:15 PM
NLEX should not lean only for berto but they need to come up with their resources,  if they continue putting that big burden to him opponent will focus the defense on him and  for sure there's always a  man for the job in each squad that they are competing against with.

I guess they didn't learn on this previous losses. they are still heavily relying on him, Berto now in NLEX is just the Donovan Mitchell of the Cavaliers, so let's see how they'll progress in the elimination match. Actually, NLEX is capable of beating strong teams as they had proven that by beating the Ginebra, and they can also play a defensive game as this game only has a total of 148 points, so it was a very defensive game.

On this particular game, only Bollick who were able to score at least 20 points from all the players, he scored 25 from 10-24 shooting, or 30% of the total team attempt.
73  Economy / Gambling discussion / Re: 2024 NBA Season on: May 06, 2024, 02:34:12 PM
I can smell Boston heading back to the finals once again.
If ever they win against the Cavaliers, I don't think that either Pacers or NYK will be easy on them. We know that Celtics have been struggling always if they're against the Miami Heat but there's no poison on them this time.
Because Butler was out that's why it was easy for them, but the Cleveland Cavaliers, this is another team, they haven't meet in the playoffs yet so we can't say if the Celtics could just easily beat them. mitchell has been in the playoffs many times consistently in his previous team, so this stage is not new for him, he will be the leader of the Cavaliers and will try to make it a tough challenge for the celtics.

For now, I am rooting for Denver because the team has the championship experience and has a great line up. But if Denver lose to Minnesota then I think Boston gets their long awaited title this season.
Many are rooting for them but with how the Minnesota Timberwolves are doing and Anthony Edwards is getting more media time, this is for sure helping their fan base to increase and rooting for them to win against the former champions who's been the #1 candidate for this year's title.
Denver have to win game 2 and this series will be equal. And yes, we cannot deny that Edward is now getting a lot of attention, some fans even compare him to Jordan which they believe his father, LOL.. but he was really good, it's fun to watch him play as he is very hungry at winning.
74  Economy / Trading Discussion / Re: Wait for the right set-up on: May 06, 2024, 11:45:36 AM
Perhaps, there is a right to start in all things and that includes trading. Preparation is what we meant and it takes time to do it. Might some people think it unnecessary but that is far from their imagination because that is truly needed in trading. We can't trade unprepared, that is the thing we should put in our minds. We have to use those early trader's experiences as our mirror, most of them suffering major losses due to lack of knowledge and skill and most likely it happen to us if we behave the same. Unless we don't care about losing.
If a trader don't care about losing it men's he is not actually a trader but gambler in disguise. Some of the traders that I know of that have been making trade losses something I discover from their losses it is not that they are not with sound strategic knowledge about  trading but that they are deficit of patience. They just could not wait a little much to see  a position confirm before they jump in. Wrong entering can make a trader lose opportunity to make what was ought to have been a profitable trade for him. That's why I don't undermine patience as a trader and a holder.
It is very important for a trader to have a good plan and trading target as this will help to guide them. Nobody wishes to lose their money but yes, this is trading and no matter what we do, losses are still possible. But at least doing something to avoid major losses is a good idea that we must take. That is why setting up in the right way and at the right time (based on our preferences) is the best thing to do. But this is impossible if we don't have knowledge about trading. So taking time to prepare before entering trading is necessary as this will affect the result and the success of our plan.
75  Bitcoin / Bitcoin Discussion / Re: Do not get discouraged by the current price of Bitcoin on: May 05, 2024, 01:11:40 PM
In the first place, I didn't even notice if bitcoin's price value was declining because it was normal to happen in the market in this field of the crypto space. That's because you know there is a correction going on in the market so far.

And I think, too, that this correction is not over; it is deeper, and I really think its depth is around 41–52k $ each of.Bitcoin, so its congestion is long-lasting. The trip will now.
Those who keep watching their portfolio will definitely feel worries and uncertainty when there is a price decline. I have had that kind of experience before and I realize that it was not a healthy practice because this will influence our minds to think negatively in every drop we see. Just like you, I have not felt the pressure of selling as I was always optimistic about the future of Bitcoin. The current price decline is very common in this market, and we have never seen it stable ever since. It drops and it pumps again, that is how it works and that is the thing that everyone must understand.
76  Bitcoin / Bitcoin Discussion / Re: The reason why you shouldn't force someone to invest in bitcoin. on: May 05, 2024, 08:12:38 AM
The reason why you shouldn't force someone to invest in bitcoin?
Did you think is good to force someone to invest in bitcoin?
What is the disadvantage of forcing someone to invest in bitcoin?
Did you really think the person is ready to bare the risk that is involve?

What are your opinions towards this particular topic?
Disadvantage
 - you will take the blame once they get scammed or lose their money
 - you'll be taking responsibility for them

Advantage
 - you are giving an opportunity
 - you are educating people


Now, it's up to you to think if it is best to force them or rather not. But if I were you, I should not. Maybe in the way of helping them to understand what is all about is okay but in the way of making them invest, please don't.
77  Economy / Gambling discussion / Re: Do you think casinos can stop demanding KYC? on: May 05, 2024, 04:26:38 AM
Casinos existed without the need for KYC's until the government made it a requirement, and they started demanding it. IMO If the government no longer requires casinos to do KYC verification for new gamblers, casinos will go ahead and still do KYC verifications because they have seen the benefits of knowing their customers better than when they just allowed people to come onto their platform and gamble without their knowledge of who they were. What do you think? Do you think some casino's will revert back to non-KYC and allow money launderers, plus other fraudulent people have their easy way with them as a way to attract customers, or since they recognize the personal benefits of KYC to their casino, will continue demanding it even if it affects their customers?
Gamblers wish that would happen, we don't want that in the first place. But, yes the question is if the government withdraws its stance on requiring the casino to ask KYC from their users knowing that they also have valid reason for implementing such rules. Which is our chance is very slim to nothing. But I have no complaints about it as long as they are reputed and if we don't know, this KYC implementation from the casino helps to secure our funds from unauthorized withdrawals.
It has positive and negative but we have no choice because these casinos are just complying with what the authorities have asked.
78  Economy / Gambling discussion / Re: Which device do you prefer for gambling ? on: May 03, 2024, 03:56:02 PM
A bigger screen device has also a better gambling experience which is why most of us are prefer a PC. But in some cases, we have no option but to use our phones, and I did it several times, especially when I was traveling. As a gambler, I take the best option when it all becomes available, and take where I think this would give me convenience and ease.

Just like watching movies, we love to use big screens because we want a bigger view and detail. The same thing we want when gambling.
But don't force ourselves to buy PCs just for the sake of our gambling addiction.
79  Economy / Trading Discussion / Re: In order to reach your target, don't rush! on: May 03, 2024, 03:06:08 PM

The panic situation experienced by traders indicates that traders are not good at analyzing and planning. This panic can make wrong decisions in panic selling or panic buying.
It creates an adrenaline rush and makes no good in making decisions. No way to see success from a person who keeps rushing and panicking as this is not a behavior of being a successful person. Decision-making should be timely and analyzed, it is not just we draw and if we see no good, we just simply erase it and are still okay. But having into trading, every decision we make has results which could influence our target. That is why we should carefully make decisions and should not be done with desperation and rushing because this is usually the reason for making it wrong.
80  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: May 03, 2024, 12:56:09 PM
Games resumes today, and we have two games as usual.

4:30 PM
Magnolia vs DYIP

7:30 PM
NLEX vs Rain or shine.

It's parlay time for me, I think Magnolia is gonna win easily, not expecting a TNT vs converge scenario and I like NLEX to pair with my parlay as they are on a 3 losing streak, they need to break that so they won't continue to slide down.

You hit the first one but the 2nd it doesn't look like it will be in your favor. NLEX struggle continues, the first half is over but they are down 19 points now. This team is not known to be good in coming back from huge deficit, so I really don't think they'll gonna come back and win. Anyway, there's still 2 quarters, anything is possible but let's be real, chances are very low.

Might be a messed up with NLEX as RoS is leading double digits almost 3 mins of 3rd quarter though there's still 1 full quarter for them to try rallying back, they need to push and make some decent defense and make sure that they will execute good game plays, still not done yet as knowing PBA we knew that something might happen and who knows a strong hands behind manipulate the outcome.. Hahaha, just saying.

And the losing streak will continue. I'm not anymore expecting because if they were to comeback, they should have done it in the 3rd quarter and make it a single digit deficit only entering the 4th quarter. This is not a game for them, I thought NLEX were for real but with their 4 straight losses, including this one, I'd say they are expose, they need to improve their defense if they want to be in the playoffs and have a chance.
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