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6061  Economy / Gambling discussion / Re: Dice games on: February 16, 2021, 03:41:05 AM
I am a die-hard martingale strategy always do this with a fair share of success, but I do it manually with variation when I have 30 rolls I usually refresh or reset the game I have success doing this but it doesn't mean that it's a perfect strategy there's a time that bad luck sets in where I can have 20 or more rolls and that wiped out all that I have, it's still a game of luck but I am more entertained doing this, doing things manually will give you more excitement.

Perhaps, that can help you win, but you need to remember that that strategy will not always work. You can modify the strategy or use 10 rolls and refresh or reset the game and see if that can work too for you. I don't try to refresh the game like you because I think I can stay with using that, although I don't roll more than 30 rolls every time I gamble. I realize that the dice game will be the game that always needs luck, so I don't have to try hard to play the game and stop if I think that is enough for me.
6062  Economy / Gambling discussion / Re: Does knowing your sport and teams really make you better at betting on them? on: February 16, 2021, 02:31:15 AM
It definitely will make you better, if you just bet on the team without the knowledge that their players are bad then it means you are going to lose a lot of money. When it comes to sports, you just need to learn the basics, overanalyzing the game will be detrimental in your decision making process. Coaches play some part too, if they are famous or not is a big deal, they can strategize into doing a comeback.

If you bet without a knowledge on the sports, that's betting blindly, if you bet with knowledge on the sports and the teams, that's normal betting.
It doesn't mean you'll win right away or even increase your chances of winning, if we talk about sports, it's entirely different if you are putting a bet on it speaking based on my experience.

In sports betting, we need to have a basic knowledge about the team and the sports, but that will not win the game because we can't get more chances to win if we don't get more info about the team. It will help us analyze each team, and we can know which team can win in that match. But besides having knowledge for the team and sports, we need to remember that the luck factor will also take part in sports betting. So if we can analyze the team that has a chance to win, but we don't have luck, we can get lost.
6063  Economy / Gambling discussion / Re: Why do we lose at gambling? on: February 16, 2021, 01:23:48 AM
I find it very confusing to talk about self-control in gambling which is difficult and not easy to say because it relates to the money at stake which is badly needed and sacrificed if you lose.
and greed will make us lose control because of the ambition to continue to win which in the end will lose everything and everything that happens without us knowing it, all that will happen when gambling and rely only on luck to win it.

That is the hardest thing that we must learn because even though we can control ourselves, someday we can lose control, and we will tempt to play gambling for longer. We can forget to control ourselves because we can get some money, leading us to spend more money. I have those experiences in the past, but I don't want to get that experience as I know that I will lose more money if I still do that.

Besides that, chasing the loss will not be recommended to make us get more losses in the next rounds. There is no guarantee for us to recover our losses, but there is a guarantee for us to get more losses.
6064  Economy / Trading Discussion / Re: Hello 50000$... on: February 15, 2021, 06:51:13 AM
That was close to $50k, but I am sure that it will break $50k soon. Right now, the bitcoin price is making a correction before it can break the next high price. So you need to decide what you want to do in this downtrend, and if you think you need to buy bitcoin, you should analyze before the price turn back to the high price. I guess the price can pass more than $50k in the next increase as we almost touch $50k yesterday, so it is better to prepare yourself for the coming. But if the price can not increase this month, you don't need to worry because sooner or later, the price will start another rally to break the next higher price.
6065  Economy / Trading Discussion / Re: Big Dump on: February 15, 2021, 05:52:18 AM
This day is a downtrend after yesterday's bitcoin price increase for a while. It is a good time to buy more bitcoin, and if you still have money, you can buy it now or wait for another lower price. But if you don't want to buy for more, you can hold your bitcoin and don't panic because it is a correction of the price as usual. You can analyze more to find a good price to buy bitcoin, but if you doubt that the price will be back to the high price, you don't have to force yourself to enter the market. The price will increase again, and you should not worry and only waiting for a while.
6066  Bitcoin / Bitcoin Discussion / Re: Heroes of Bitcoin - A thanks to the many good people. on: February 15, 2021, 04:49:15 AM
If you add about Elon Musk, you need to add McAffee too Grin

Yes, lol. Even if they gave somewhat bad reputation to Bitcoin, I think they have to be added. Ver is already on the list in spite of misleading people to buy his shitcoin.

I would also put Saylor among the most recent ones, I think he has done a great job in a short period of time.


Thank you for mentioning Ver because I forgot about him, hahaha lol.

But we need to thank Satoshi Nakamoto for introducing bitcoin to us to learn about bitcoin, have bitcoin, and make more bitcoin. We all know that bitcoin can be a new source of income and for investment because of him.

If we can teach other people about bitcoin, they will thank us for giving them the information about the new income source they can use to make money.
6067  Economy / Gambling discussion / Re: Does knowing your sport and teams really make you better at betting on them? on: February 15, 2021, 03:54:01 AM
100%, if you are watching every game you know who is playing than you know if someone is playing through an injury might be less likely to have a breakout game.  Knowing specific players and their hot or cold streak, injuries, etc help when doing player props for sure.  The professional sports betters know in and out what is going on with every team they bet on or against.  Throwing a dart at the board isn't the best strategy Smiley

Yes, when the coach changes the player because of injury, we can arrange or modify the strategy to select the team, which can help us get each team's statistic, which is a match. It could surely help us have the right team with the biggest potential to win, although that will not always guarantee because, in the middle of the game, the situation can change, and we don't know if our team can still have a chance to win. Besides that, our instinct will also help us choose the team, and we can search for what strategy can help us win.
6068  Economy / Gambling discussion / Re: Thailand government seeks measures to tackle the problems of illegal gambling. on: February 15, 2021, 02:53:12 AM
~snip~
I think it isn't an issue of money or anything, just of morality itself. Not from Thailand, but I suppose by the fact that they haven't legalized allowing casinos under their country, it seems to me that the government there generally frowns upon it, whether it could bring profit or not isn't really a matter they would take into account. Although I do agree with legalizing it instead of letting it stay as illegal, it also means that they basically gave in to the community of gamblers, which may paint them as an irresponsible government (at least, in their own eyes).

Perhaps, the government can educate them about the danger of playing gambling. Instead of saving their money to buy their daily needs, they just use it for playing gambling, which they can't always win. It needs awareness from people themselves to know that playing gambling needs responsibility to control themselves and not use the money for their needs. By legalizing illegal gambling, the government can get more income from the gambling business, which can be their additional income source.
6069  Economy / Gambling discussion / Re: Another insane win!! $ 1B mega million jackpot on: February 15, 2021, 02:03:39 AM
~snip~
With a 1bn lottery win you can definitely afford all the unnecessary things in life. Honestly how will you ever be able to spend so much money. It seems in possible. I mean most of us here in the forum are great investors and could easily make it work to live if 1 million. With decent investing you can live of the interest and don't even need the lottery win itself. But with 1bn you probably can't even spend all the interest. It's so much money.

It is easy to spend so much money with 1 bn lottery, and it doesn't take too long to do that thing. Sometimes, people who got a lot of money from one or two things will forget about their plan that they made before. They will use the money to buy, every day just buys many things, most of all the things about the unnecessary things, and they will forget to save that money. With our needs increasing, it needs more money, so that will not take too long to spend it. That will be the lesson to us to take care of the money, and not spend it on unnecessary things.
6070  Economy / Speculation / Re: When Bitcoin is going cross $50k? on: February 14, 2021, 08:11:29 AM

Well, the psychological is that sellers think that we can't go above it too much, and buyers think it might be difficult to go beyond it as well. Which means during a period when we need people to buy more, and much much more, people are thinking it is very tough to go beyond it, so it creates an extra layer of problems.

I agree that is why some people are on a wait and see attitude and always asking the right time to buy, they want someone or a group to break the barrier, sometimes good news is a barrier to break that, take the case of DogeCoin holders are asking when moon, then came Musk who breaks the barrier and people's motivation to buy was released.

I have the feeling that we will break the $50k this month. We almost reached the 49k already. Guess, in some small or local exchanges, bitcoin is already priced at about 50k. But aiming for 50k? This is very easy now. While others are already aiming for 100k, 50k is the nearest price in the current market to achieve without a doubt.

It could happen soon. We still have 16 days later until the end of this month so that everything can happen. We hope that $50k can reach this month, but if that does not happen, bitcoin can break $50k in the next months, and I am sure that $50k can break this year. But to reach $100k, I don't think that will be easy as if bitcoin is not getting more support, it will not help the price to increase.

But no matter how much the bitcoin price will break later, as long as we can take a moment to make a profit, we will have a chance to have many bitcoin, so when the price starts to rally, we can sell it at the highest price.
6071  Economy / Speculation / Re: Manipulation of price will decrease soon? on: February 14, 2021, 05:39:56 AM
The manipulations will continue, but I think it is hard to know when the price will go down if the downtrend is coming because the manipulations will not just come from the whales, but the institutions can join at that moment too. But not many institutions will let that happen because they don't want to see their store value go down too far. Perhaps, some institution and, of course, the whales will prevent the drop, and I think we will see a big wall that will block the price to go down for more. All in all, this situation will be different than a few years ago as bitcoin itself become popular among the institution, rich people, and of course, the government. We need to be wise to act based on the market situations, so we can still benefit from that.
6072  Bitcoin / Bitcoin Discussion / Re: If BTC were to permanently freeze at one price , would you buy ? on: February 14, 2021, 04:46:30 AM
I don't think i'm gonna buy bitcoin anymore, if bitcoin freeze at one price.

The reason why i bought this because i'm looking for the profit from my investment, if the price freeze i will looking for another investment and just stick with stock, forex or etc.

If bitcoin is freeze at the highest price, I think we can still buy bitcoin or earn more bitcoin from the altcoin or token. But we can buy bitcoin for the investment thing as I am sure that the price will not freeze at one price. Selecting stock, forex, or etc will not easy as I think that will be more complicated to learn than the crypto market. But you can use that way to have the investment that can works for you to make money.

If you have many bitcoin in your wallet, you don't have to buy bitcoin, and you only need to sell and enjoy your profit. But if you don't have many bitcoin, you need to search for the other way to earn bitcoin.
6073  Economy / Gambling discussion / Re: Gambling as a profession: there's people who live out of gambling? on: February 14, 2021, 03:39:34 AM
-Snip-
So I don't really think that gambling every day is almost similar to pro-gambling because it's still at a different level and casual gambling CAN'T be considered a real job.
Basically, the more often people bet, the greater the chance of winning and also the increase in the number of losse. Someone who would be said to be a professional gambler is someone who relies heavily on his skill and expertise in gambling, has a mental and style. But all of that will still depend on luck. I just assume that all gambler who are able to control their emotion and manage their finance in gambling will be called professional gambler.

People will have the same chance to win and to lose. But if they continue playing for more, I am afraid that the opportunity to lose will become bigger as many things such as emotion, money, and control will change following their playing. The emotion, money and control will increase, and if one of those things becomes bigger, they will lose control, which is the first thing that can attract them to lose more money. But as a professional gambler, he will not lose that because he can control himself, which will not affect his emotion.
6074  Economy / Gambling discussion / Re: Another insane win!! $ 1B mega million jackpot on: February 14, 2021, 02:49:32 AM

it's an insane amount, hope they use it well.
with such a huge amount they could be set for life and their children and children's children as well...
Even with so much money you can still blow through it pretty quickly if you don't have at least a minimum personal finance knowledge. You could be surprised at how much you can spend, and if you don't make the right investments at first you could still lose it.

That's the sad game! You need to know or quickly learn how to play it or else you will lose.

Most people will use the win money to buy the unnecessary things they don't need and forget to fill what they need. They are not ready with the biggest winning they get, so they don't manage or think about what they will do with the money. That winner only thinks about what they can buy with that money. If we can have finance knowledge, we will know what the important thing to our life is, and we will use that money to fills that first, and then we will save that money for our future. We should have and know something we need, so when we win, we can manage the money and not spend on the secondary thing, which is not too important.
6075  Economy / Gambling discussion / Re: Thailand government seeks measures to tackle the problems of illegal gambling. on: February 14, 2021, 01:41:11 AM
definitely, govt cant get tax the black market. but the govt should reconsider how they approach the gambling community. they can always legalise it in a way, it is not too taxing for the owners as we are still in crisis. these business owners will be forced to follow the legal process in order to continue their business. so it is a win-win situation for the govt and business owners. they need to thrive both during these times to support their people.

I think the owners better not be forced to follow the legal process, but the government can provide a solution that will provide them with benefits by getting legal with the government. It is like legalizing their business by following the government's procedure so that they can run their business without worry. Legal can prevent bribing corrupt officials, and they can give the money for paying the tax. The government needs to find ways to benefit illegal gambling to follow them, and the government can get more taxes. If much illegal gambling can follow the government's suggestions, it can give the country the income to help them survive in these times.
6076  Bitcoin / Bitcoin Discussion / Re: Heroes of Bitcoin - A thanks to the many good people. on: February 13, 2021, 08:49:25 AM
If you add about Elon Musk, you need to add McAffee too Grin

People who involve in the bitcoin world help bitcoin grow from time to time, including us. Even if we only use bitcoin for personal and don't spread the news about bitcoin to many people, we still help the network run so far. Many people out there early adopters of bitcoin, but they don't tell who they are. You can name any people you know, but we still have many other heroes we don't know.
6077  Bitcoin / Bitcoin Discussion / Re: My Journey : Doubling my BTC investment on: February 13, 2021, 07:51:34 AM
My this post is linked with my previous post. https://bitcointalk.org/index.php?topic=5251838.0

Before current bull run I have 0.1 BTC in my wallet when BTC was trading across 10k. I thought I bought BTC at much high price and it wont go up from here on wards. But things charged.
I am lucky enough to double enough my investment in BTC, thanks to current bull run. I sold my holdings at 30K and I am happy that I am able to get good return. No investment can give such return as BTC is giving to its HODLERS.

If a novice person like me can invest successfully in BTC then anyone with little knowledge can do the same.

Congratulations on your profit. I hope you can make more profit later and the profit will be bigger than before. You are one of many successful people who invest in bitcoin and, finally, make a profit. Yes, anyone with little knowledge can also make a profit like you, but they need to manage their emotion because the bitcoin price will always change, making them panic. As long as they can buy bitcoin at a low price, they will profit like you, and their profit can be bigger if they do not sell in panic. They should have the patience to wait for the highest price, so they can have a chance to sell bitcoin and take profit.
6078  Bitcoin / Bitcoin Discussion / Re: If BTC were to permanently freeze at one price , would you buy ? on: February 13, 2021, 06:53:24 AM
So let's say BTC was to be absolutely frozen from here on at todays price ,would you still buy?

I don't think BTC was intended as the speculation tool it has turned into .

Who on here regularly makes purchases using BTC ? 

It depends on the situation at that time. If all of the markets are not move, but the bitcoin price still at a high peak, perhaps, I will buy bitcoin because I am sure that bitcoin will give the other benefits that we don't know. But I don't think that the price will be freeze because people will always buy and sell bitcoin to make a profit, and they will not stop, even if they already make a big profit.

I don't regularly make a purchase using bitcoin because I still prefer to use fiat. I like to use bitcoin as my investment and holding for a long time and not sell bitcoin if the price does not reach my target price.
6079  Economy / Gambling discussion / Re: The gambling black market thrives in Britain on: February 13, 2021, 05:53:04 AM
There are gamblers who will always play in a place where there is little or no regulations at all, some of these are hub of illegal activities like drugs and sex which you can't never find in a regulated casinos, this kind of places are being raided and authorities are always on the watch on this kind of gambling hub, many of them are bribing the authorities that is why they are thriving.

That place will be available in many countries, but we don't know where the place is because people who always visit that place will not tell other people that they don't know. They always take care to tell the place to other people because if they share the place with many people, the government and the police can raid the place and catch all people who play gambling on that place. If we don't want to get a problem with the government and the police, we better stay away from that place and only playing gambling on the legal casino around our city, but that is only if the gambling activity is legal in your city. But we can play gambling online, especially we all use crypto to gamble, so that will be no problem for us to play anytime and anywhere unless the casino blocks the connection in our country.
6080  Economy / Gambling discussion / Re: Does knowing your sport and teams really make you better at betting on them? on: February 13, 2021, 04:53:51 AM
If you only know about the game and teams' basic knowledge,
Sorry but what is Basic knowledge ? is there specification of the teams knowledge?
Yes, if you don't know how to play the game, you can not analyze it better. If you don't know the team you choose, you will lose your bet. That is the basic knowledge that every gambler must know. Imagine you can't understand how the football player play, you don't know what corner kick is, and else, you will not have a chance to understand how the game will be.

I am afraid that will not help you pick the right team because you need more information about that,
Have you read the title? it is about the Team and Sports that you will bet in , what's this choosing ?that is meaning you already knew your team from the start.
Yes, I read the title. Sometimes, people only know about the team, but they don't know about each team player. They attract to place their bet because of the "Name" of the team which often winning the match, but we know that each player can get replace because of their performance, the "Name" of the team will not always guarantee to be the right pick for placing the bet. It will be better to know who the player is inside the team so that they can make more analysis based on player performance.

and that is not easy to pick the team. The basic knowledge can help us know how the gameplay, but we need to search for more details to know which team will have a big chance to win. Sometimes, we need to dig deeper to analyze each team that will match, so that can affect our decision.
The bottom line is we must know "the Game, The Team, and the Opponent..

This will save your bets at any cost, and if you are not sure then better to pause betting and move on the next one.
That is why we need more details about the game, the team, and the opponent before placing the bet, so we can select the right team with a better chance to win.
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