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8621  Economy / Trading Discussion / Re: waiting to buy lower? on: July 09, 2022, 07:19:15 PM
Most people are of many emotions, I agree with the opinion that when BTC is very high, people buy, they do not care about the price, they buy the same because they think they will have profits quickly, but the rich, the millionaires never buy expensive, and those who do it are very likely to lose, it is for this reason that I always analyze the BTC market using the Wyckoff theory, it allows me to see what stage of the market we are in, because it is never good to buy in the distribution stage, and In the short term, it could be said that this has happened, but in the long term, I would not be able to say whether we will return to the accumulation stage or, therefore, we are in a possible re-accumulation stage, which is very valid, but given the fundamentals of war, I would say that You have to be very careful to buy, it is likely to go down, so it is good to buy later to take advantage of each dip.
8622  Economy / Gambling discussion / Re: To build your Professionalism on casino on: July 09, 2022, 06:25:16 PM
That's right you mentioned some of the points above, but building character as a professional gambler is not easy even though we already know the general things as mentioned in thread or at several other threads, we will always be faced with emotional when gambling at casino. Except spoortsbook, because spoortsbook requires analysis with some notes or news that we have to think about in make a bet.
Controlling our emotions when it comes to our money is something that is always difficult to do and we see another example of this when it comes to trading, and activity that while very different from gambling also includes putting your money at risk.

When it comes to trading you are supposed to always remain in perfect control of your emotions and trade just based on what the charts are indicating you, however this is incredibly difficult and once people begin trading with their emotions they face huge losses, in a process which is very similar to what happens when people gamble and lose the control over their emotions.
Yes, this is something clear, controlling emotions sounds very easy, but in reality it is very difficult to do it, since sometimes one says that it is controlled but sometimes it is not, this is a bit difficult, it is like in trading, however I consider that when a person is a professional in gambling or trading, he handles an amount equal to or greater than $1M, because it is no longer anything, a movement can lead to a great profit or a great loss, But I know that in the world there are people who manage those amounts of money, that is where I consider them professionals, for me that is the main criterion.
8623  Economy / Gambling / Re: Looking for perfect slot base casino on: July 09, 2022, 04:24:00 PM
I know it will be a hard thing to fine a single game base casino most especially slot base, but some of the few i have seen have great features and loads of benefits most especially for players with high rank accounts. So am thinking if one can find new casinos that offer such services.

Then forget looking at that. Why put yourself in trouble by looking at those sites wherein there are lots of reputable sites that have a variety of slots games. I don't know what's even the advantage of using a site with only slots games compare to those with a variety of games.

Always prioritize the reputation of the site. They almost have the thing that you are looking for. Instead of just reading here, try those sites in actual for you to experience the real deal and legit self-reviews.

For the benefits or perks, you need to manually check these sites and see what suits for you.

Reputation and trust rate are the things that you must check on a site and not focus on a single game. It's a good thing if a reputable casino site is offering multiple games so you'll have multiple choices of features to enjoy. There will never be a reputable casino site that will only focus on one game.
Yes, it is not just a single game, I think it should be everything, for now you have to give a lot of importance to reputation and to have full confidence in a site, in these cases it is as I have said in some previous threads that are similar to this , the forum is a great reference, which makes us see that through reviews and some reviews that indicate the most experts in the profile of the sites, this for me is enough to trust and not trust, the fight against scammers It is 24 hours, however scammers always keep coming out trying to find a way to continue doing misdeeds. In tamo he has said it before, not only 1 game is the one that must be defined, but all complete.

8624  Economy / Trading Discussion / Re: Are we going to recover or continue to dump? on: July 09, 2022, 02:34:14 PM
What are your current opinions on the cryptocurrency market?
This market is very volatile right? So it's always possible to get one of these and it's just up to you which one comes first. I think it all depends on how traders behave in the market because if the selling pressure is higher than the demand then the price will down again. It's true that there is belief among traders that the market is recovering after bitcoin hit $17.7K a while back, but we never really know if this minor recovery is a confirmation that the low is no longer being touched.

Until now I still believe that the bitcoin price or market cap can still drop lower as long as the bitcoin halving has not occurred. This cycle seems to be repeating itself and this is the reason why I think the price can still correct this year into next year. Lower price than $17.7K are still possible, so don't be greedy and invest what you can afford to lose.
It is good to have an opinion like yours because we cannot ignore that this scenario is very possible, and although the war between Ukraine and Russia is a fundamental factor that affects all speculative markets, it is clear that BTC has been affected, apparently by some investors. they present some panic and the records of btc sales are numerous, however for many this market represents an opportunity to buy, the only thing is that if the market continues to drop in price it is very likely, we have a probably warlike conflict between China and Taiwan, and every drum of war undoubtedly produces falls in the markets, I hope that this scenario does not occur, because if so, the price of btc would fall much more.
8625  Economy / Economics / Re: How can I survive in a place where BTC is restricted? on: July 09, 2022, 01:48:18 PM
If BTC is illegal in your country and you're still using it means your are breaking the laws and also you can be charged for criminal activities. However bitcoin is not something like fiat so we don't have our names linked to the bitcoins until we buy from exchange we completed the KYC so you are going to be in need of no KYC p2p platform to crypto <=> fiat conversion and that's it, you will never be in the radar. Wink
People all around the world continue to use bitcoin. Governments weren't able to make a perfect infrastructure to tax cryptocurrencies. If not, by now majority of the countries would've announced officially that bitcoin is legal within the country. See, the above post shows how a user can make use of bitcoin when the government is watching you. However there is acceptance of bitcoin happening in a slower phase as countries that are against bitcoin in the past are legalizing the usage.

Those countries that ban BTC will end up accepting it and I think the best way to accept it is as most are doing and it is through regulations, it is a very serious way to do it and without them they will look like idiots, because it will make people think that they still have the power, but it is a matter of people beginning to learn (those who do not know) that it can be more anonymous, with wallets, with decentralized exchanges, among other tools, mixers are a fundamental part here, then it is a matter of time for people who do not know about btc to learn and know that there is a very big world in finance and that this alternative economy is much better and gives better opportunities than the traditional one.
8626  Economy / Economics / Re: Economy is so down that only way to save markets stock market also is on: July 09, 2022, 01:15:47 PM
What is happening in the world is a series of fundamentals, that speculative markets are obviously affected by panic, every speculative market no matter how full of bots there are, are managed by humans, and it is normal for a human being to feel fear , panic before these acts and the first thing that is done as an infallible option is to protect money, previously when there was no risk of war, they protected themselves with fiat money, investment in the strongest currency, now the trend is towards taking refuge in gold , of course, those who do it in BTC is not bad, it is a very good option, but they do not see it as a refuge of value, although for the covid-19 those who took refuge in btc obtained profits quickly, I think that investors They don't forget it, so there is a likely option that they will also choose BTC as a temporary refuge.
8627  Economy / Trading Discussion / Re: Do not panic. Everything will get better on: July 09, 2022, 06:30:31 AM
There is no reason to worry about the current bitcoin market dump. Because it won't take long for Bitcoin to pump the market. The market will be fine very soon.
That would take forever if someone didn't know what was going on in the market but for those who know, they know. Bitcoin is for long term investment so it's just appropriate to just hold them for too long and don't mind if the market is down. This won't last long though but someone should understand that it's how the market works and I think panic is normal for someone who doesn't know what will going to happen in the market especially if they are investing big money.
If most people were clear that every time BTC drops in price, that means that at any moment there could be a bullish rally, and that probably means the new state of a possible new ATH, we all know that the new BTC ATH they are very good, some predict the BTC at $100k, others at $150k and I think it can happen, but the only thing that is stopping it is the wars, the Ukraine vs Russia, also the possible war between China and Taiwan, are things that are on the table, but when it happens it will undoubtedly cause a big drop in the speculative markets, including the panicked btc.
8628  Economy / Economics / Re: How would a global economic recession affect Bitcoin's price? on: July 09, 2022, 05:59:53 AM
I think that in the mind of every speculator and investor that crypto has passed that event in their mind, and it is not bad, it is good to be prepared for different eventualities, however in the face of possible wars, and in the face of possible falls that have manifested in the USA and Europe where they have published that they are suffering the worst of all their inflations, if BTC has been ahead, the correlation is not exact, in the short term it is very minimal, but if it has a lot to do with investors, they immediately protect themselves with GOLD, but before anything, investors put everything in fiat money or hard currency, over time they will realize that BTC will turn out to be safer, but it is already a matter of the financial education that each investor has.
8629  Economy / Economics / Re: Regulation seem like the only option left on: July 09, 2022, 04:30:00 AM
If we hear regulations, we will think of rules that will create many limits, there is no more freedom so many developers and even exchange owners don't want to make regulations, and I think this is good, let the laws of nature work and we will see if cryptocurrencies will continue to grow .
I know that the regulations somehow represent being tied to a traditional and control system, it is something that cannot be denied, but in part it helps to enter countries that are very strict, that only like their economy through their local currency, but in the same way when entering, people will be that promoter that will have BTC and crypto, where it is difficult to enter the BTC will achieve it through regulations, it is like making a kind of temporary peace between the enemies of BTC for qeu can be developed in the most difficult systems at an economic level, it is not bad in the same way the BTC and crypto represent money, which for them is high risk, but it is still money.
8630  Economy / Economics / Re: What is the golden rule of investment? on: July 09, 2022, 04:03:51 AM
Before we invest, of course we have to be dyor, all investments that have the opportunity for big profits, then automatically have a high risk, cryptocurrencies are very difficult to guess, and what I have experienced since I invest from 2016 sometimes laugh and sometimes cry.

I think that in any investment the key is in Hodl, that is, waiting as long as necessary until obtaining profits, but we must bear in mind that when investing, a person must know that he does not need that money, not use it, make an account that this money does not exist so that investment can make sense, as a friend says, you have to have a stomach to endure what comes to you, in the books of Warren Buffet, when he chose the stock to invest (after a long time investigating which was the best) he waited 8-10 years to earn and make profits, and this is only in the stock marke, in the crypto market we know that the safest stock or currency is btc, and you don't have to wait so long for it can make a good move.
8631  Economy / Economics / Re: Solar panels set to be mandatory on all new buildings under EU plan on: July 09, 2022, 03:30:06 AM
You guys are missing the bigger picture. Solar panels have the variable cause the dependent on the sun lit in its way to provide power. This makes it become tricky to make it an energy source for stable 24/7/365 day, all season in EU country. The movement or green deal behind it quite not close to what it stood since waste from the battery, from the used panels, from maintaining upkeep doesn't worth what it can give back. I rather have EU haste its plan to renew and build the new nuclear plants.
But in countries which have hot weather and the sun is up for approx 12 hours a day installing solar panels is a very good investment.
In subcontinent - particularly in India - the gov is providing subsidy for installation of solar panels. And also it is good for the those who consume lot of electricity. Those who made investment in early days have made decision.
This initiative of having solar panels is very good because it would be using clean energy, and it would be a good additional support for the normal energy consumption that exists depending on the country, where I live, electricity is generated by hydroelectric and thermoelectric power, I know that others countries use nuclear energy, which is the cheapest energy but it represents a great environmental danger, however for us in my country, acquiring solar panels is a very large investment, if the EU has a certain type of help for its inhabitants of Acquiring cheaper solar panels would not be bad, it would be helping the planet, I do not see it wrong, in any event it is good to have these backup systems.
8632  Economy / Economics / Re: Should we embrace a cashless policy?? on: July 09, 2022, 02:01:55 AM
Indeed, some people are doing this for many years already but it is never enough to enlighten others to adapt to the system knowing that they don't have the capacity to do it. In any form of cashless payment, nothing has been largely compared to fiat money which means that the majority are still reliant to paper money for their convenience and are most likely don't have a reason to stop using it. The word convenience makes people to choose what they want and a particular method of payment.
I think the irreversible process of switching to non-cash payments has been going on for a long time. All governments, with the help of the banking system, are very strongly promoting this form of payment, of course, they primarily pursue the goal of controlling the financial condition of their citizens. But it is very difficult to draw the attention of the government to the possibilities of cryptocurrency in non-cash payments. But the main role in this will be played by startups that will introduce blockchain into the banking sector, such as Africunia. Therefore, everything is still ahead.

Well the advantage I see of all this is that electronic payments over fiat is that those who have to pay with large sums of money do not need to transport it in suitcases or similar things, they would not be exposed to possible theft, However, it is likely that for people such as older adults, they do not like digital or electronic payment, I think that this would be a population that could have a hard time adapting, also for other people who prefer cash and are radical in that, you also have to protect yourself, that is In other words, in a possible world chaos that there is no electricity service or internet service, some type of support for payments of this style would have to be activated, perhaps the devices should have solar panels to receive payments and not depend on electricity, and that the internet activates a direct service through satellite.
8633  Economy / Economics / Re: Is it possible that all cryptocurrency will become regulated? on: July 09, 2022, 01:23:01 AM
The majority of countries know that they should let BTC in, the best way and that it does not look so bad is through regulations, that is, governments go ahead, they can adopt BTC as long as they impose their rules (so that they do not looks so bad) and they remain as heroes, but this implies that it can be managed through banks or organizations arranged by themselves for their own benefit, in addition to being accompanied by a good tax for the use of BTC and crypto . It is not bad, but if we opnmos to see one of the reasons why Satoshi created the BTC was to manage our own money without the need for third parties.
8634  Economy / Economics / Re: WHY ITS SO POSITIVE THIS BEARMARKET. on: July 09, 2022, 01:01:45 AM
Bearmarket is a good opportunity for anyone from Newbies to Whales to buy, profit opportunities can be easy if we buy when the bearmarket, the important thing after buying is to be patient and hold according to plan, if patiently waiting then we will profit.
That's true and that's why sometimes we see lots of people suggesting to take the opportunity to buy,
also a great time to buy top coins and it's perfect for holding them long term,
the most important thing is to stay patient and wait for the right moment to sell it
I think it is good to take advantage of the beaish market for many things, under which it can be to make purchases in a large way, at this time it is not possible to know with clarity if the market will continue to fall, for this reason we must be warned, if there is another fall in BTC it becomes a unique moment to buy, but if later the price drops a little more it is also an infallible option to buy, it is like buying intelligently managing our available money, of course for me it is much better to buy BTC than some altcoin, because the altocoins the behavior is more focused towards the drop in a brutal way in each dip of BTC.
8635  Economy / Gambling discussion / Re: National Sports and Sports Betting on: July 09, 2022, 12:14:19 AM
Quote
The government only supports the national team who faces other teams in other countries like Olympics or SEA games. But the sad part about there is the government won't give some budget to these teams to at least make them comfortable as they are representing the Philippines. The team is responsible for their own budgeting and likely wait for some sponsors.
That's the struggle of athletes in the Philippines. They work hard but the government doesn't support them. They have to work on their own to sustain their needs and some of them are using their own money but the ironic part is when they bring home the medals or crowns, the government honors them and makes it sounds like they have supported their journey. They reward them only when they won.

Exactly! That's why we don't even know who will represent our country in that specific sports/field because the government itself doesn't support them either financially, emotionally, or informationally. We will suddenly know their names and their stories if they got a gold medal but if they don't, sadly, they will remain a stranger to the government and to us.
This surprises me a lot, I thought that the Philippines was a country that totally supports its athletes, however their performance in sports is very good, of a high level, this means that all efforts to represent their country have to go on their own? Does this also apply to boxers? The Filipinos are for me boxing masters, they have a really admirable development in that sport, but when the players arrive with the medals, the government recognizes them and gives them the required help? that is to say, they pay them what they spent and apart from that they don't reward them? at least with money, house, or car? because it is the least they can do to raise their country.
8636  Economy / Gambling discussion / Re: Importance of Multiplayer Gaming in Gambling Industry on: July 08, 2022, 11:37:12 PM
The multiplayer games that are being utilized in the gambling industry promote the following
  • Interactive-ness of players between the games and the community
  • Learning experience would be different
  • More and more people would be invited and stuff with it

This begs the question of whether this improves people's gameplay.

These are factors that improve the most social part of them, although I could bet that in these games very good friendships emerge and some ties between people from different countries are intertwined and they can exchange game information according to their experience. It is also necessary to point out that the adrenaline that you feel when playing like this is unique, from experience in games of this style, I know that time passes very quickly and if you find yourself at night ready to sleep, you can easily stay up all night playing without importing the break and I think that is not very good, it is a point that any player should always take care of.
8637  Economy / Gambling discussion / Re: Brasileirão 2022 - Brazilian Championship Serie A on: July 08, 2022, 10:58:55 PM
Anyway, Palmeiras is still a solid team to bet on. And yet he remains in first place in the Brasileirão Championship!

Undoubtedly. The season is long, so it is important to manage the squad well. It is better for them to draw this game, at an early stage in the season, than to have the team exhausted in a final stage with important games taking place.
Palmeiras is a team that will never disappoint, just like Santos, I would really like to see those teams in all the championships, whether in the Copa Libertadores, of course Corinthias, which is proving to be one of the most solid teams in the league and on the other hand these teams have the solidity and enough experience as the match between Corinthians vs. Boca, that game is going to be very good. At this moment, Brazilian teams like Palmeiras can even afford to draw, something that nobody expected, but you have to consider that not all the time the teams are at 100%, some criticize their defense, I don't criticize them, pr now they are still in a very good comfortable place.



edit.
Hey guys, I don't know how you are with the Copa Sudamericana, but yesterday Palmeiras Santos lost against Deportivo Táchira, it was a very exciting game, very good, they were tied and everything was decided on penalties.
8638  Economy / Gambling discussion / Re: Government Owned Online Casinos What Do You Think Of Its Potential on: July 08, 2022, 10:31:25 PM
Just imagine the following scenario:

The government of country Z has 30 casinos throughout the country, all 30 casinos are owned by the government, in each casino there are 20 employees, that means that the government has to pay salaries to 600 employees, the government will have to give reforms to 600 employees when those employees retire. And also when every high-ranking official of the political party that governs the country wants to play without spending money and put it in the government account he can do it whenever he wants, who will stop him?

Now if the 30 casinos are in the hands of the people and not the government, it will be 600 fewer people that the government will have to spend on salaries and pensions and there will be no corruption from some high-ranking official of the political party that governs the country to play for free

That is a sound argument but if you look at the calculation assuming that tax is around 20%, it means the government will be losing 80% of the generated income from the casino.  Corruption sprouts anywhere, so we aren't sure that the casino will be declaring the right income.  Thus other losses by the government.  Expenses on these 600 employees are just dust compared to the possible income of the government if they own the casino.  I don't think it is worth giving away the ownership of the casino just to avoid paying the salaries and benefits of these 600 employees.

I think that the best formula is the one that applies in my country, the casinos were prohibited for more than 20 years, then a few years ago the casinos gave the green light again so that they can operate again since the country despite a very strong situation economic level there are entities that do not know what to spend their money on, the government understood that and gave them permission to reopen them, but what the government charges each casino is a very good sum, without going too far, with how corrupt it can be, it would be according to my speculation between 40-50% of the net income of the casinos, and regularly they can be used for money laundering and if you go to the capital of the country at a certain time, you can run into deputies of the national assembly playing.
8639  Economy / Gambling discussion / Re: Something Like This Happen To You on: July 08, 2022, 08:47:57 PM
We experienced unexpected events or moments in gambling like this one, you are calling it off a day in a session then you're suddenly on a winning streak thinking that it's your time to get back what you've lost will you go or will you stop and come back the next day.

I'm sometimes tempted to continue but I know you cannot beat the house, so most of the time I just call it a day and just wished that tomorrow or next time it's my lucky day. What about you what's your take.

I am going to tell you something with all responsibility, sometimes we have something that we call intuition, and many times that intuition can even save our lives from any eventuality, it is not a lie, it is something like what mothers have with their children, some They call it the 6th sense, which is very real, therefore, if you have an intuition, whether it is a winner or a loser, pay attention to it, in the event that it is from a game or any event in life, but you have to know when it happens. it is and when it is not, sometimes the brain plays us a little and we can make mistakes, which is totally valid, but when you have that feeling, do it, it is very likely that it is a warning.
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