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. |
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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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I use to remember those strategy during the old days of playing dice, something similar that since you think that you can't lose more than 5x in a 98% losing streaks then you'll just keep adding to your bet size to recover your loses only to find out that there's no assurance that the kind of losing streaks will take place.
You'll just ends up regretting that kind of strategy and lose a lot of money, thinking that it will bring something decent but in return it's just another bad time with your gambling sessions.
Can you imagine how many people could get rich with this strategy if it worked, but for every player, even with a large gaming bank, their losing streak will come, which will make winning impossible for them. I don't even know if this strategy has worked for anyone, because it turns out that if you apply it constantly, it will only be a matter of time before another streak occurs, that will last long enough to empty the entire deposit. Gambling can make you lose millions in a day if you can't manage to control your emotions and if you chase winning. Losing 3bets straight is not good anymore and an indication that we are not lucky today which we need to stop for a while. There is no other strategy to avoid major losses other than controlling ourselves and knowing when to stop. More gamblers get in trouble because they always think "What if I'm lucky in the next bet and win the jackpot". This kind of thinking will certainly be pushing us to lose more rather than saving our ass from happening. |
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even future trading with ethereum is already such a pain in the ass now we are talking about meme coin future trading where he tries to leverage his earning  obviously its not gonna end well. usually degens only put the money at stake that they can afford to lose that is what motivating them to be brave enough to make some big bets with big leverage but putting 1 million at stake seems very irresponsible. but at the end of the day its his money, he can do whatever he wants with it, even opening future position with it using high leverage. but i hope that now he knows that sometime getting too greedy might come out harmful. hope you can get a recovery on your money though. after all losing millions to meme coin while other are making millions from small investment just doesn't feel right, i mean i have my share of experience losing money to meme coin but im grateful enough that its not significant amount of money we are talking about. with millions of money, maybe sniping coin in the market with little capital but in bulk might works better than future trading. Based on the story, I was not convinced that this person was a real trader. He could afford to lose, it can't deny but a having lack of knowledge will never end well instead, terrible losses. We don't know why he chooses meme coins or if someone pushes him to do that because if you are an experienced trader, you can't spend that huge amount in a shitcoin. I can feel his disappointment and a lesson to learn for everyone that we need to know more about trading if we want to succeed and much more about choosing the coin to use. We must know that trading is different from gambling, therefore, we act like we are trading in real life. |
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I really love all the discussion. I feel like this kind of discussion can open up doors to talking about how crazy it is we can easily just buy this stuff!
I fear there will be a day when buying Bitcoin...even 1 Satoshi...will involve hurdles.
I'm not saying it won't be accessible everywhere, and to everyone, but I'm just worried for what it will look like when 8 billion people finally understand the concept of Bitcoin, and the community on this forum.
A change is hereby expected and the value is somewhat crazy as well. It is to acknowledge that every day there is another person who opens their mind and invests in Bitcoin. Maybe, it comes to the moment that we can no longer buy 1Bitcoin at $50k or buy 1BTC because it was too expensive already. And you are right, taking this time will be our chance as it might not we longer experience this in the future. This is not an urge but we understand the situation that time may pass and we can't bring it back. If we have the guts and a plan to invest in Bitcoin someday, why not take this time while it is just below $60k? |
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I asked chatgpt, and it answered that Bitcoin transactions are generally subject to tax, just like other forms of asset transactions. Tax requirements may vary depending on the laws and regulations of the country where you are located, but in general, the following situations may require taxation:
Earning profits: If you earn profits through the sale or investment of Bitcoin, these profits may be considered capital gains and are subject to tax. Salaries and wages: If you pay or receive wages in Bitcoin, this may be considered ordinary income and is subject to tax. Mining income: If you receive income from Bitcoin mining, these income may be subject to tax. Currency exchange: If you use Bitcoin to purchase goods or services, you may need to pay the corresponding consumption tax according to the laws of the country.
That will happen if the government imposes such a law applied to Bitcoin and other cryptocurrencies. The best thing to do is ask authorities where taxation is assigned as they are more knowledgeable about it. But in my country, no taxes have yet been imposed on all holders, maybe just for now as the adoption isn't that huge enough to gain attention from them but there can be changes in the future. You better approach the office where it belongs just clear your doubts and be able to answer your queries because it will depend on our country's leaders. We know that taxes are very important to them and we can't escape from it, if not today, it can be someday. |
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With the information I gathered about cryptocurrency, I had interest and decided to buy some coins.
Being fully aware of the volatility of these coins, I was patient and did not panic as their were various degrees of ups and down and was told that this year is the best time to invest in crytocurrency due to the bitcoin halving which has taken place. I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.
You're on the right track. Patience is very important when it comes to investing as we never know when the ATH comes or if the dumps will be. Keeping ourselves informed about the situation helps us to stay calm and remain strong to face the market challenge. Fear rises when we don't have trust which is why we have to keep our faith strong or else, this will be the reason why we lose. Whatever the reason for the current fallback, we remain positive because there is also a reason to rise again. Perhaps, it is always happening in the market which is why we have no way to panic. |
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It's possible that Giannis and Dame are available for game 6 of this series. If not, I think the Pacers close the series out. If so, I think we see a game 7 and a nailbiter. I hope the Pacers pull it off.
Yep, there have indeed been rumors that Dame and Giannis are very close to coming back, and it's worth noting that the Bucks have listed those two as doubtful for Game 6. On one hand, it will be an important game for the Bucks, and they should do their best to win. On the other hand, if Dame and Giannis aren't fully recovered yet, they may only aggravate their injuries. I read the report and both are listed doubtful , so let's see if they'll play. The Bucks listed Giannis Antetokounmpo as doubtful due to his left calf strain once again. Damian Lillard (right achilles tendinitis) is also listed as doubtful, he hasn't played since Game 3. Khris Middleton (right ankle sprain) is probable, as is Patrick Beverley (right oblique strain). However, there's still a big question if that would help them, because they have been absent for a while especially Giannis, if he comes back, that might ruined the chemistry as they'll have to make an adjustment. Well, they have to be careful with this as it's a do or die game for them once again. |
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This game, they attempted 39 and made 13 only, while the converge had only 24 attempts and made 11 of those. With that loss, they are now at rank 6 with 5-5 record while the SMB is still at the top with 10-0 record.
I ask my friend who were able to bet on that game, he said that Converge was +25.5 before the game, imagine that, so that's really a huge upset. Bookies were wrong in this, Converge was even dictating the game as they were leading most of the time and until the end they didn't allow the TNT to comeback. TNT is still going to be in the playoffs but they are not the same team anymore, they really miss the service of Williams because they don't have a consistent scorer that could also play like a mid range game and could play some good defense as well. I'm not saying they'll sign Williams because it does look impossible, but they can find a player like him. They still a playoff contender but compared with the SMC teams there's no way that they can match up though we can't really say or we can't conclude the outcome of the game just like waht happened to them against Converge no one think about that upset and that huge handicap is really something that will give some confidence for those risky gambler to take their chance, and things happened and for sure those who back Converge up are all enjoying especially if there's someone who take them before the game just don't know how high is the odd but with +25.5 I guess it will tells something huge! Game is won by great defense and offense, it should work together, but with how the TNT are playing now, they seemed to have a big problem with their defense. So there's no way they can beat the top teams now especially the Ginebra and SMB. Judging by the ranking, ( https://www.pba.ph/standings) they will likely finish in a twice to beat disadvantage although the competition from number 3 down are very close. |
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snipped...
I'm just waiting for the new gambling site to be released on this forum because this can give confidence that the new casino really wants to develop its business on this forum. It's not easy to find new sites out there that are willing to promote their sites on these forums because they don't think to do it. If a new site is released on this forum, we can be a little relieved because they already know how to start developing it. Once the casino is on this forum, their representatives can interact with experienced members here. They can get advice from those who have experience to develop their business. This has been done by many sites released on this forum so that they can develop their business well. So if you find a new casino site out there, you better be careful. We should look for new sites on this forum because this forum has become a recommended place to find new casino sites. By always being careful in looking for the casino, we will not experience scam. The forum can be a factor in helping gamblers find a place to stay and have time and pleasure gambling. But we don't feel confident that it was totally safe because many sites are good in their early days but eventually change after getting more users/gamblers. Still, we need to be cautious and just gamble when done doing the research for at least we are sure enough that it works well. But as to remind ourselves, scams can be possible to happen anytime which is why we don't have to keep our money in them for a long period. |
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Not all traders can use trading to make money. According to some reports that I have read before, most traders are losing. Those with small amount of money will lose because they risk more and not patient. When someone will think of trading to make himself money, he may lose. If you are trading, you should not consider it as a job. You need a reliable job. Trading is risky like gambling and it should not be seen as a job.
That will depend on how we look into it. If ever I consider this as a job, it means that I make money from this. Some people consider this as their full-time job and even quit from their stable job in the sense that they are earning more than from their salary. Whether it was our part-time or full-time job, we can't fully rely on this as our main source of income. Having a passive income or stable job still necessary knowing that trading is too risky and no long-term assurance even we are doing it well now. But for unemployed people, I believe this could be a better choice while waiting for another great opportunity. |
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That is how gambling sites are. Most of them will not demand for KYC from you as long as you are losing, but if you win and want to withdraw some money, they will go through your account and tell you to do necessary things before you can withdraw and requesting for your identity through KYC can be among the requirements.
My topics originates from the comment of this user above in this thread where the OP is writing to seek about KYC stuff. The link to it will be at the end of the topic. I know casinos do this. I have experienced it too. It is also in their T&C. My question for casino lovers is that instead of waiting until we win big and are asked to submit KYC documents, will you do it before the casino management or administrator request of it? Is there anyone who has gone ahead to fill out and submit their KYC on their account or by asking their customer support for it way before they even start make a request. Link to original post described in the OP - https://bitcointalk.org/index.php?topic=5494948.0The problem is that some gambling sites offer no KYC but when someone wins a big amount, they then ask for it. It could be surprising on our end as we never expect such a thing in the first place believing that what they have been said is true. To ask if I have to comply with KYC. We have no option unless we don't want to get our money. That is why we should carefully choose a site where we use to gamble otherwise, we might compromise our privacy because we leave no option. In some cases, we never see KYC as mandatory on their terms but they implemented it when we win. |
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Maybe some investors never see it as a good time, I think they should take this into consideration believing that every market correction is an opportunity for buying. Corrections are expected after a pump but this won't take so long as we are in the bull season. But if we have accumulated enough already, then better stay calm and wait as it will certainly be recovering.
Keeping ourselves aware of the current situation helps us decide what is the best thing to do next whether to buy more or just hold. But yes, I would say this will be a good chance for those who have not yet at least, we ain't missed a chance for the new ATH.
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I think they never got an issue with these since both of guys are really doing well. Lets not forget that its not all about them since they have perfect roster that works together on both ends. Lets also not forget that Porter contributes a lot in terms on points since he shoot so well and give a lot of numbers to give Nuggets a championship. Also with Gordon which also gives a lot of contribution since the guy can score if needed and can defend well. Plus also the other players which perform there roles so well. So its a total team effort for Nuggets that's why they became a champion and Jokic got a lot more better contribution that's why he got that MVP which he truly deserve that recognition.
Nuggets became more better when Murray is back on the rotation before and that's how they compliment together as a team also make Nuggets dangerous since they have a lot of guy that they can trust on offense and defense.
They developed the chemistry and it take them years to do that, with the same coach of course. So although Jokic was the only one recognized as one of the best players in the NBA, they can't forget about Murray because this guy is underrated and he can explode in the playoffs. Nuggets is really hard to beat because they are sharing the ball very well, they have great outside shooters and good interior defense as well. Gordon is not an explosive scorer but his defense is very impressive, he can defend anyone, can even give Lebron a problem which is a legend, how much more a player with skills below Lebron. Yeah, they already have the blue print to become a champion, I remember Murray saying that he thought that he will be traded after he got injured. But he says that coach Malone assured him that he won't be. And last year everything fall into pieces as they become a NBA champion for the first time. And even if Jokic didn't win the MVP as it is awarded to Joel Embid of the Sixers, still it is sweeter to win a title instead of those individual awards as he had that before. When they acquired Gordon, he become their number defensive specialist, no more the dunk, although he can still do it till this day, but he has evolved to be a great defensive player. That's what they needed as when Gordon joined them they became a stronger team. Actually, the first year of Gordon wasn't impressive, his numbers goes down but as they continue to build great chemistry, the next season they won a championship and Gordon was a huge help for that success. It's not about Murray and Jokic only, everyone are ready to play and they are confident now because they are the defending champion. Wolves is not an easy opponent but experience wise, the Nuggets will beat them on that area. |
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SMB continued their hot winning streak. Another win by beating the Blackwater. Next game will be between TNT vs Converge, this should be a sure win by TNT as Converge is still 0 in this conference so far. I'm just betting on the team total, it's 114.5 for TNT as I think Converge defense are not gonna work for TNT and TNT are now very confident with their outside shooting. Good luck to bettors like me as well.
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SMB have created a complete definition of a super team, mixed with veterans who can still play and some best players on other team before that have join them. They already have the offense, anyone can step up in this team, we can name, CJ Perez, Cris Ross, JMF and even Marcio, nothing is stopping this guy when he is hot.
And just look at the 2nd unit, they have Jericho Cruz, Trollano, Teng, and Romeo, and some other big guys who played well before with their previous teams. Even the most popular team in the PBA which is the Ginebra have no match on this line up because they have a deep roster. What Cruz was saying is they like to make a history and this is the best time for them.
We can't deny that, looking at their line up it looks like the SMB are not really following the salary cap, probably there's a lot of under the table payment just to form this kind of line up. I don't think they'll change this as they had the best success with this line up, JMF doesn't have to carry his team all the time anymore, the burden is not too heavy so he'll become less prone to injury. Jericho Cruz has really showed how great he is with the SMB, if he will be at the starting line up, there's a possibility that he will win an award like a finals MVP because he is sorrounded by great shooters and what i like about him is that he is not afraid to attack the paint and his hussle. |
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I have good knowledge with crypto future
I get signals from groups on telegram
It is a big mistake to trust signal groups, especially from telegram. Many traders lose their money from doing and I hope you are aware of that situation. But i got idea to make profit daily
I won't say there is no chance but don't expect daily profit from trading. I choose some coins potential raise and open long positions on them and hold
For day until i get profit.. Is this good idea or let me know if there better idea
I was confused if you were about to trade or just hold. I suggest you be certain of your plan and focus on it. Don't dream of earning daily if you are just about to hold. However, don't get too much attraction about earning daily in futures trading, you only get disappointed. |
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No risk, No gain, yes but don't try doing this if your mind is empty as you're certainly regretting it.
I have a friend who told me that he invested Bitcoin because someone told him to do it and promised something huge in return. It sounds tempting on his end but not mind, and guess what? He is now asking for help because he lost all the money he invested from scammers.
So I would say that --don't take risks if you are not prepared and have an idea of what you are about to invest. We can make money from investing in Bitcoin provided that we also have knowledge and good investment management.
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We basically waited for the price of Bitcoin to hit 100K, with many whale Bitcoin holders speculating that the 100K hit is highly likely by the end of 2024. Because the fourth halving has taken place and we are heading towards a bull market very soon, the price of Bitcoin should be on the upside once it hits 100.
Not WE, maybe some because I was not even waiting for that price either. Although I am hopeful for that price to come, I was not yet expecting it for this year and this bull season, and for some reason; - many were still impatient. We can't please everyone to just hold when the price rises, many are about to sell taking their chances and this has a huge impact on the trend as we are about to see it continue increasing, drops will occur. - lack of trust. This is very common in newcomers. They usually feel doubts when seeing the market in correction and then decide to sell without hesitation and thinking it will recover. |
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Well, that would be ideal to do that so he could make use of that for a long time. Technically, you can treat it like trading there are risks involved. Maybe take it step by step so that he can take advantage of the prolonged capital? That would be a great approach and make sure that he studies it and then bet.
But the main purpose is to grow that capital, for a $100 bankroll, it will not easily grow to a significant amount of money so it does really require a lot of patience if OP is trying to achieve profitability in gambling. Actually, it's even very hard or close to impossible to win $100 from a $100 capital on a daily basis, so OP should understand that eventually as the gambling took longer, the frustration and greediness will likely be in place if that discipline and patience will be taken out. That range of amount could just be for experiment if you think of growing your bankroll. If you are serious with sports betting, you don't put $100 as your bankroll, maybe $1000 to $10,000 as that is really for long term battle. That would measure also your capability as a sports bettor and you will see the outcome if you are profitable or not. Betting like $5 for 20 bets is not ideal, because we will lose the quality of bets, we should have a long term goal and always think of success, otherwise that 5% of your bankroll as wager is not so relevant. |
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