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761  Economy / Trading Discussion / Re: Taking Profits on: October 25, 2021, 07:18:32 PM
I think 10% to 15% profit is enough if your trading money is high and if you are brand new you will not find happiness even after making 50% profit, You have to decide first how much profit you will actually make trading and if you can't decide then I would say take a little more time before you start trading and then start, In the end I want to say how much profit you want to make and that is what you need to do to work efficiently.
It could be good enough, not just good enough but a great return. However you can't do that all the time, if you are going to be long term then you should be aiming at x2 or even more, if you are short term then you may end up losing money there as well, and will need to wait for it to go back up basically making it a long term investment unintended.

So, what you should do is, aim for 10% if it is under one day, 25% if it is under week, 50% if it is under one month, and 100% if it is under 6 months. That's what I do, if I am going to hold something then the longer I hold it the more I wait for it to go up and as long as it is doing fine then I can wait for it to go up as long as I have to.
762  Economy / Gambling / Re: Rollbit.com | Crypto's Most Rewarding Casino 👑 on: October 24, 2021, 11:06:16 PM
https://twitter.com/rollbitcom/status/1451284656695951360?s=20

This man was lucky to have 1 of the special 25 Rollbots and you can see all the traits are special and if he hold them for a while without selling it then he will definitely have profits on his side as unique ones are really hard to get and only 25 of them are there.
That made someone happy for named it  Grin.
if you are interesting to name the rollbot, there was have a Twitter competition with a $500 price - I see someone got the prize, that would make you happy when someone won your named rollbot like above. Maybe some days ago, when bitcoin price most closed to ATH, the user who has to bet bitcoin price will get the profit when playing it on
https://rollbit.com/trading/BTC, I see someone on Twitter got the of almost $71.4k from a long position, that was insane.
It is obvious that I would be happy if people were happy that they got the bot I named as well. I mean it is really cool to give name to something, and it is even cooler if you do it and you get something that would be so loved and so rare and so high quality and you named it, that is very cool. All in all rollbots are getting very pumped right now and everyone is excited to have one, sure the people who got the real rare ones are super happy, but the ones that didn't get a huge one are still happy anyway.

I personally hope that we get a good return rate for these things so that people would stay happy, otherwise it will slowly diminish the attention.
763  Economy / Speculation / Re: Market Sentiment on: October 24, 2021, 10:15:26 PM
I seriously started to dislike the "freedom" of this forum a lot. I get that we need more and more messages constantly in order to make this website viable. After all the more people there are here, the more money theymos could charge for the continuation of the website. To be fair with the money he made from back in the day, charging as much as 50 bitcoins at the time, now probably in millions upon millions of dollars, he should be rich already and not even need ads, but yeah sure get more money while you can, why stop at a certain level.

However, maybe we should start to consider not allowing this much obvious spam to happen here neither. Don't get me wrong companies should be able to promote their stuff here, it is the perfect place for it, I really support every company who does promote here. However when it is this low level and looking shady, there is something wrong with it.
764  Bitcoin / Bitcoin Discussion / Re: All crypto declared illegal in China!!!!!!!!!!!!! on: October 24, 2021, 06:43:04 PM
China's market regulators and the Ministry of Public Security said cryptocurrency is "disrupting the economic and financial order, breeding illegal and criminal activities such as gambling, illegal fund-raising, fraud, pyramid schemes, and money laundering, and seriously endangering the safety of people's property."

How will this impact Bitcoin and other cryptoprojects?? What do you think guys?
So far we have seen that there isn’t anything much that has happened due to China banning cryptocurrency from their country. The price of Bitcoin and other cryptocurrencies would continue to grow because there are other people in other countries that are fully in support of it.

And another thing I would like to say is that this shouldn’t be a shock to the cryptocurrency community, because China has already been showing signs that they are not in support of cryptocurrency right from start, the government has always been fighting against cryptocurrency and which is why they proceeded with creating their own digital currency. So this was already going to happen.
765  Economy / Exchanges / Re: Is it safe to use Binance on VPN on: October 23, 2021, 04:28:23 PM
I would like to know is it safe to use the binance account through VPN ? The main reason for asking is that since VPN changes locations ( IP of different countires), binance may find it suspicious that one day you are login from one country and other day from another country.
Since they keep track of of our location, will it have any affect on your account ?

Also anyone can share his / her experience of using binance on VPN ?
Don’t think this is going to be a good idea, and why are you trying to do such a thing, is it that binance.com is banned in your country? If that’s the case maybe you should try another exchange, but if you still insist then it is up to you to do what you think is right for you.

Maybe in the case of the VPN changing countries every time you try to use it, there are some VPN that doesn't change countries except you set it in random, you can decide to just set it in one particular country and it will maintain just that location every time you are making use of it until whenever you decide to change it. I have used a VPN before and the name is Orbot (but I didn’t use it for Binance), it worked well for me inmaintaining just the country I select whenever I am logged in. I just hope that they don’t realize that you’re making use of VPN and block your account while you have money in it.
766  Economy / Gambling / Re: 🚀-Sportsbet.io-🚀 - Main sponsor of Southampton FC 👋👋 on: October 22, 2021, 10:05:09 PM
I think this is the same guy who likes to pick 0-0 on his betslips,,, if you scroll further up you can find those bets. And he is very wise too, not just picking 0-0 but also looking at other markets like clean sheet and 2nd goal scored (yes/no).

If he uses superboost on correct scores though he might get even more money but I guess he knows what he is doing!

Anyway nothing wrong with sharing big wins. Nobody said he is in profit now,,, everyone is just celebrating his big wins:)
What do you mean nothing wrong with sharing "only" big wins? I mean we are talking about people who are turning few thousands into millions of dollars if we only look at the big wins, which is making people get hyped about the potential, which makes them gamble more, which causes them to lose more, which makes sportsbet.io to earn more. I am not saying that they are doing something shady, not at all, it is literally marketing. Have you seen a McDonalds commercial saying "we will make you fat, but it tastes not that great neither"? Obviously not, they are acting like they are building $50 burgers there on their commercials, so only sharing these huge wins here is just another marketing.

However sportsbooks may have some more urgent consequences compared to burgers, like people losing their whole life savings for some reason, maybe sharing the whole profile could be a better way to tell people "you can make a profit, but there will be some losses along the way" as well?
767  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: October 22, 2021, 09:00:37 PM
I did not expect Namibia to win today and i thought Ireland will loose like that but David Wiese produced a good all round performance to hold Ireland scoring a big total and they were able to chase that easily and the other match that surprised me is the Netherlands match against Sri Lanka, the match are becoming spin friendly and it was a lopsided victory for Sri Lanka

The main battle starts tomorrow with England and West Indies. My pick is England to win but you never know how West Indies will perform as they have some world class T20 players.
Today Ireland vs Namibia was really shocking match because Ireland was hot favorite to win, but their recent form was not good on other side Namibia was doing good specially their all-rounder David Wiese was in good touch which helps them for qualifying in main round of this world cup.

Now tomorrow we have very exciting day as first match is going to be played between Australia vs South Africa where Australia is favorite, but their form is not good on other side South Africa is still having many issues but doing good let's watch what happen. In second match England vs West Indies it's also very exciting match where England is hot favorite for this match and their form is also good, hopefully they will start their campaign in good way.
768  Economy / Gambling / Re: 🚀-Sportsbet.io-🚀 - Main sponsor of Southampton FC 👋👋 on: October 21, 2021, 11:11:41 PM


Hi Guys,

Our own ^^ Multi-Master is back at it again!! ^^ He certainly is having a great run  Shocked Shocked

It was a great night for the favorites last night.. lets see if they can keep it up again tonight!

Regards,

Steve
Sportsbet.io
Steve is this the same guy who managed to win 1+ million dollars so far? Getting maybe over 2+ million total by this now if he is him. I do not understand how he has made that much money constantly and never had a loss... I am sure he has a lot of loss as well, however we are only seeing his wins, is it okay if we see his losses as well, is it possible to have a profile for each user so that we could be seen by other people and we could be basically "sportsbook social media" that way we could literally just not be getting these big wins omitting all the huge losses that come along with it.

This dude gambles on big games a lot and that means he must be losing tons as well. Nobody makes nearly 2 million dollars and lose under 100k, that guy probably lost a million dollars by now and we should be acknowledging that as well in order to make it more believable.
769  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: October 21, 2021, 08:52:46 PM
Mbappe is a young player, you are not going to pay him 45 million for one year and get away with it, you are going to have to pay him that amount all the time if you want to keep him. This means that if Real ever offers him 45 million a year to get him early without paying any transfer fee, they would be saving from the 200 million they wanted to pay for him, but in 4-5 years that is gone already, what are you going to do after that?

Paying 200 million is a lot that is true but paying nearly 50 million a year is not that small neither, teams need to look at the future, if they are good now and can pay transfer fee because of it then it is great, but if they keep paying salary 7-8 years later then it will not be okay. Look at the Messi situation, dude was paid 70 million at its peak I believe, when Barcelona was great, the money wasn't an issue, the moment they started to be bad, that money started to be important.
770  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: October 20, 2021, 10:01:06 PM
I would say that support getting too slow is a pandemic situation as well. Yes it is easier to hire people who will work from home because people are at home because of pandemic and getting a staff to work at home is a lot better right now, it is easier and it is even cheaper since you could do it all over the world which includes the third world nations as well.

However what we are forgetting is that you need "good" staff and they will go through some training and sometimes it is not something that we would like to get and sometimes it is something that is horrible. Which is why I believe that we are not going to see something that is horrible if they are let be, of course we are going to see some decent staff, but they can't take the risk so they just give them training. This is why it is harder to reach the staff number equal to increase of the gambler number as well.
771  Economy / Trading Discussion / Re: Decentralized Exchanges Vs Centralized Exchanges on: October 20, 2021, 09:09:36 AM
Recently, we heard a lot of issues about centralized exchange especially the China crackdown on some centralized exchanges like they have this law for people of China about restricted to have activities on most the centralized exchanges.
And here's the decentralized exchanges starting to make some noise, and I always heard dydx exchange, serum, uniswap, etc.

So, as traders. For you, what is/are the advantage is disadvantages of using decentralized exchange over centralized exchange these days?
Both have their own good and bad. Although one thing that people are going to like about decentralized exchanges is the fact that there is nothing like KYC compliance, you can trade as much as you want to trade without any restrictions at all and no KYC.

Unlike centralized exchanges where you will have to do KYC and go through all those stress and still face some restrictions, because they are controlled by the government. But decentralized exchanges are usually not that easy for newbies to grab, it is not as easy as Centralized exchanges, it is going to take them time to understand.
772  Economy / Speculation / Re: BTC hovers above $61K amid US regulators against physical product Bitcoin ETF on: October 19, 2021, 09:09:58 PM
You aren't worried about how Bitcoin surpasses the $40k from $30k before? I think that's worth worrying too.

Anyway, whether the SEC approve it or not it's still doesn't matter though, they've gone for years and yet look where Bitcoin now? It's just the people anticipate too much about the possible approval of ETF yet this isn't the real reason why Bitcoin is pumping. It's more like an adoption is coming to continue to support Bitcoin in the process.

I think people now realized what is the advantage of bear market before the bull market. I wish they would since it's happening over and over again since the past bull run and bear market.
The difference is that if there are people who are buying right now because the ETF will be accepted and then when it is rejected or postponed then they are going to be acting like they are not involved with the most improved version of money already and get out. I mean ETF is not the reason why bitcoin is good and we are not going to have the bitcoin world being great just because of we will have ETF.

However, if you own bitcoin because you believed that ETF will happen and then it didn't happen then it makes sense that you would end up selling. I do not really understand why there is a good chance that we may see a drop. I hope that we won't, and I hope that people will ignore it, but I am not so sure.
773  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: October 19, 2021, 08:22:30 PM
It looks like PSG are currently regretting their decision to sign Ramos in the transfer market , how can it not, until now Ramos has not even played to strengthen the PSG defense and actually Ramos was scheduled to make his debut match against anger but apparently the injury returned and forced Ramos have to go back to recovery.
Surely it's big issue for PSG and management, but sadly they can't do right now because it's already done by them, and they have to face this until end of this contact. Currently, they have some very big players, but their game is still not as they have with these players as well, it's also issue for them. But, we have to understand that we can't fight on all around sometime we have to surrender against nature, hopefully in next few weeks this all will be OK for them because right now Ramos is must for them if they want to improve their way for Champions League in this season.

After end of first half they have 1 - 1 against Leipzig, it's also really poor from their standard, specially after having Manchester City vs Brugge 5 - 1.
774  Economy / Trading Discussion / Re: Trading Cryptocurrency for 1 Week! on: October 19, 2021, 07:48:49 PM
I would say that "everyone" can trade crypto. It is not really a limitation riddled situation, you could trade crypto however you would like to. The difference is that there are people who do not have enough funds, there are people who do not have any talent at all, people who lack the math for it and many other stuff. Anyone "can" be a crypto trader, but not everyone will profit from it.

This is the difference that people miss out, not everyone gets into stocks for some reason, they believe they may lose money there, which is true you may end up losing money in stocks but everyone gets into crypto thinking they could be making profit after profit. If you buy a horrible shitcoin then you are going to lose here as well, there is no situation where you are guaranteed to make money, you will end up losing money here as well and you need to be careful.
775  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: October 19, 2021, 06:51:52 PM
The problem here in India is that we have too much talent. There is only one cricket team to represent 1.4 billion people (on the other hand, the cricket team of Bermuda has played the world cup and they have a population of just 70,000). So obviously a lot of talented players like Umukt Chand have no option other than to immigrate to another country, if they want to play international cricket. The ICC has made a mockery of the eligibility rules. Anyone who has arrived in another country on a 6-month tourist visa can play for that country. Teams like Oman and UAE are fielding teams that are 100% comprised of Indian and Pakistani nationals. Given this, why can't the ICC add a couple of additional teams from India to the world cup? They can name them as India B or India C.
Right now, ICC have no choice because they are doing some good marketing but still have no results which they were expecting just because of this they are allowing few countries with foreign players hopefully in near future they will have some better local players.

In case of allowing more teams from India, it's also not fair with many other boards because every country is going with just one national team so India even with 1.4 billion population is OK with one team because if one Sports authority will start like this than many others also demand things like this mean China also can ask for 2 soccer teams or more teams for many other sports. India need some better marketing in other sports also, specially in soccer and Basketball because these also can give very good and positive results in long run.
776  Economy / Trading Discussion / Re: Stop lose trading feature on: October 19, 2021, 06:03:43 PM
If you are preferring to trade with the help of limit orders and then you must choose non-news hours as market may not show much volatility in such hours. Still, wild fluctuations may happen at any time hence placing stop-loss order at the time of placing entry order is also most mandatory one to secure your capital.
Non-news hours are not their cup of tea for the traders who prefer scalping or short term swing trading. Limit orders along with stoploss will definitely a powerful weapon on news hours if your technical analysis are good enough to predict the directions. These all are about the level of risks, you are affordable to manage.

as the coin continue to increase in prices, so should your stop loss and in this way you turn your stop loss into a take profit order and this prevent you from losing on a trade.
We do call it "trailing stoploss". This way pro traders never have target levels but they accept their profits at the stoploss levels.

Yeah, if you keep increase your stoploss order along with market prices then after some point, your stoploss order will become higher than your entry. When the sentiment of market changes, it will come down and trigger the stoploss order and then those pro-traders will go for shorting from that stoploss levels.
777  Economy / Speculation / Re: Will the price last until the end of the year? on: October 18, 2021, 08:55:15 PM
In reality, no one can accurately predict the future of a cryptocurrency, if we could, we would all become trillionaires. In the world of cryptocurrencies, prices are very volatile. This means the value of a coin can go up or down very quickly, often for no reason. This makes price prediction much more difficult than traditional markets.

The most important thing is that you always do your own research before making an investment. Never buy cryptocurrency just out of excitement because of a price prediction, or because someone told you about it. Everyone has a different opinion and there is no guarantee that someone will get their prediction right.
Unfortunately there are too many people who are selling the future and there are too many people who think that they are going to get rich by following those people as well. Look at twitter and you are going to see people who are making insanely high amount of money because they are selling the situation and the future and there are a lot of people losing money by following those people.

The difference is that if you are good at what you are doing then you are going to make your own profit and won't need to sell the future to the people. What these people do is that they make 1000 dollar trades and say that they are spending their own money but they are selling it 100 bucks each person and then get like 50 people which means that they are making a profit anyway even if they lose from the trade.
778  Economy / Speculation / Re: Crypto will rival or replace fiat in 10 years? on: October 18, 2021, 08:10:07 PM
crypto especially bitcoin will likely to replace fiat in 5 to 10 years. Most of the finance professsionals and analyst says the same thing that it will possibly happen in the future.
As of today, crypto currencies don't have a chance to stand against fiat because fiat is issued by the government and trusted by the citizens so it makes it more credible while bitcoin or crypto isn't regulated nor backed by the government.
Due to fiats scarcity and inflation, many people starts to believe in crypto because its more valuable than fiat or gold and given markets volatility, many still believe that crypto will surpass fiats in the near future.
Which expert says that bitcoin will be replacing fiat? I do not see any other person saying something like that and I do not get why we are saying something like that is even possible because I believe that it is not something that is possible. The reality is that crypto will be a fiat alternative and it is like that right now and it will stay like that forever as well. We do not really care about what the situation is like in the future because we are not going to have anything that will replace fiat.

Fiat is the power of the governments and nations which mean that it will not be gone and it will stay like that. It will not happen in the 5-10 years and it will not happen anytime in the future. Unless we have something super important that makes fiat completely gone then we are not going to have anything that will change the situation we are in at all, fiat will survive.
779  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: October 18, 2021, 09:22:12 AM
Anything is possible, if Pakistan is able to defeat India, it will be an upset, i am yet to look at the odds for the match and i might place a live bet after taking a look at the team both sides are fielding.
After watching yesterday's match between Bangladesh vs Scotland we can say all results possible in T20 format because Bangladesh is currently 6th in ranking and Scotland is in 15th, for me, it's upset. As this can happen in Pakistan vs India because currently India is 2nd and Pakistan is at 3rd mean in ranking both teams are level difference is quality which is really have big impact.

Because, mostly Indian players was playing here in their local league, and they know better pitches and grounds conditions on other side Pakistani players just came from home even they also have some good practice but still its good for their rivals some physiological advantage is also going with India as they are better against Pakistan in this format even in last match between these two sides won by Pakistan with big margin.
780  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: October 18, 2021, 04:38:30 AM
I admit Paris Saint-Germain is doing very well, but I can't understand why Marseille and other teams are so far behind. Marseille failed to win three games in a row. Now it's a big morale to win this Lorient game. Next week they will play with Paris Saint-Germain. After that, their fixture is a little more comfortable. Let's also remind that they will play against Lazio on Thursday.
Lens's loss to Montpellier was unexpected. Paris Saint-Germain is very comfortable in the league now. They are nine points ahead of their closest rivals and we're still in the tenth week of the league.
Recently Marseille are going down in quality just because of this now they are much behind Leaders PSG even they have one match in hand, but gape is too big for them and their Europa form is also very poor in last match they held by Turkish club at home which is also serious issue for them. Currently, PSG is doing some good but with other teams they are much ahead in quality which is just because of big spending in transfers.

French League biggest issue is money which is not coming like PSG so if they have this solution then surely with some good quality players they can give some more tough competition to PSG but right now it's not possible for any other French club.
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