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8861  Economy / Gambling discussion / Re: If You Win Big Will You Remember Your Losses on: September 09, 2019, 03:56:56 AM
Good topic, I don't think that most gamblers remember their losses to be honest (including me). All they think of is that they just won and that's what matter most for them. And I doubt that gamblers realised that or put their losses on paper so that they would know how much money they have lost so far.  Grin
I think most gamblers will think that our losses is a part of the past now and we shouldn't think about it anymore since we can't get back what we've lost already and we can't change anything from the past. This kind of mindset is for gamblers who do have self-control that's not stressing too much of how he lost that money since in the first place it is his own fault and he enjoyed it so it's just fair to pay for entertainment.

Exactly, we don't need to remember our loss, but it is better if we can know how much our loss so we can prevent to get more losses in the future. Besides that, we can know that playing gambling will only give us losses because we don't know when we can win the games. When gamblers can win some money, they will forget that in the past, they are losing so much money before they can win. And if they can realize that, perhaps they will think twice to continue playing gambling and risk more money in gambling.

Or if they want to play gambling, they can play with small money, and if they can win again in those games, they will consider that is because of luck, and they need to leave the places.
8862  Economy / Gambling discussion / Re: Did gambling affected your personal reputation? on: September 09, 2019, 02:56:47 AM
When we play offline gambling, and our neighborhood knows that we are gamblers, they will give a bad image to us. Usually, it's happening in a society which has a deep bond in that neighborhood. They will not permit their family to have a relationship with us, and I guess some of us have those experience.

People will see that a gambler has a bad temperament, cannot socialize with other people, and another bad word about gambling. They will say and ask us to stop gambling, and even they will advise us to leave gambling forever.

People will talk about playing gambling is a sin which we don't have to do for our life. I see in here, some of our people have got that bad image, but gladly, some of them can realize and slowly can leave the gambling forever.
8863  Economy / Gambling discussion / Re: Gambling as a profession: there's people who live out of gambling? on: September 09, 2019, 01:56:34 AM

And it is also a unique skill to look for talented people who can play a certain game on your behalf and to trust that that person will make such good performance and bring you to win. So if you have indeed the money and the ability to see talent in people, then managing them to play in your shoes, I think, is more profitable because you can choose more than one person to play in several kinds of gambling games.

That skill can only be learned by having experience in building a relationship, or it could be as a gift or talent. I believe that some people can see what other people cannot see as they can see the ability of one person and told him to learn something that will improve his skills.

So I think my friend was making the income from gambling although he is not the real gamblers because he only gambles if he finds a good reason for playing gambling. I think that gives me an idea to follow him to find another person to bet for me. But I guess that it is not easy to find the right person.

Gambling itself can be a profession as long as he has skills and he knows when to get in and get out, so he doesn't risk his money on that day.
8864  Economy / Trading Discussion / Re: Is anyone here that has referrals on any exchange? on: September 08, 2019, 04:25:33 AM
In the early I am trading on local exchanges, I ask some of the friends to join under me, and gladly, they agree to do that, and they register it in the next day. Yes, I am making some additional income from them because they are deposit a big amount in that exchange, so I get some amount to as a reward. But then, I don't continue to search the referral because I don't invite the other friends to join in under me.

You can try that to gain more revenue from your friends but remember you need to explain to them how to trade. And you can also tell them that you will get some income from them if they deposit so they will do that with the other friends that want to join in under them.
8865  Bitcoin / Bitcoin Discussion / Re: Cheaters . who caused the cryptocurrency to go down on: September 08, 2019, 03:28:54 AM
I guess that will be a mistake because that project cannot control who the cheater is. At least they can minimize the joining of a cheater in their project. They can use many ways to prevent a cheater from taking a lot of profits from the other members. If that happens, then I guess the project needs something else to make sure their project will be safe from the cheaters, although that will be difficult to do.

I think you can see that some project already hire a company to prevent cheaters, and some of them are using KYC to avoid that thing. But if using that way cannot stop a cheater, then there is something wrong with both the project team and the company.
8866  Economy / Gambling discussion / Re: Gambling as a profession: there's people who live out of gambling? on: September 08, 2019, 02:17:51 AM
I know a guy who plays billboards and you hire them to play against someone whom you know is also good in playing billboards.

It happens to my friend in billiard place. Someone asked him to play with him,

why there are some people that do that ? i mean why they hire someone to play with them when they can learn playing that game . i prefer playing on my own because i dont need to pay for anyone and i dont want my winning to be shared on others   .  same as when you loose you dont also regret for paying with  others but you also get an experience to play with other pro players and whats better is that you enjoyed playing the game.
They have the money but they don't have the talent. Its the same thing like you are managing someone like an artist, you book him/her shows or gigs, and you get a cut from the pay that your talent will receive. Not everyone has connection to find gigs or shows. Same with those billiards guys here in the Philippines. They don't have the means to hop from one billiards hall to another to find a match, that's where managers come in.

That is right, you've got the point @nydiacaskey01 Grin

My friend tells me that he uses his friend skill in playing gambling, and while he watches the match, he can also get a new lesson from every friend he hires. My friend can play billiard, but he doesn't have good skills in those sports, so hire his friend will be a good way to gamble. Perhaps, my friend is like a broker who can gather a good player who has good skills in every sport so he can directly call them if he needed them.

By doing that, if his player can win, he will get the money, his friend will also get the money, everybody will be happy. When he loses, he will not be sad because he can find another winning from another sport.
8867  Economy / Gambling discussion / Re: If You Win Big Will You Remember Your Losses on: September 08, 2019, 01:19:35 AM
Congratulate to your friends, and that is a gift to him to win those games. I am very curious about how much his losses in those games because I guess his losses will be more than $300 if he places big bets. I hope next time he can make a note or he can write how much money he will use to playing gambling so if he can win some money on that game, and he will know if that is worth or not to continue playing the game.

I never write or calculate how much I lose money in any gambling games. Besides that, I don't have any experience to win more than $20, so I think that is okay if I don't calculate it. But if I am playing gambling every day, and I am a pro gambler, I think I will calculate or at least, and I will write in excel or notepad so that can remind me about my winning and my losing.
8868  Economy / Gambling discussion / Re: How many times have you gone against majority on: September 08, 2019, 12:09:02 AM
Although I don't bet on sports betting, it seems it's better to be safe and not against the majority. But if we are sure with the team we choose can be the winner, I think we could try to against the majority. Perhaps, it's about how we can adapt in the betting sports, and we are smart to see the situations and conditions so we can act based on what we see.

But it will depend on what sports we want to place the bets and how good we are in collecting the information about the match. It is hard feeling if we against the majority while we don't know anything about the game.
8869  Economy / Trading Discussion / Re: Do not ignore the small profits in Bitcoin investments. on: September 07, 2019, 05:58:52 AM
Big or small profit is still consider a profit. Before I experience really a no progress in trading even in holding, those times that the market down and I almost give up, but I realize that it's much better to continue trading and having BTC since the potential is always there. It's still have chance to gain in the future.

But some people will wait for more just because they want to get a bigger profit. But in the end, they always late to sell at the highest price. If I were those people, I would love to take any profit I see in the market because, after that, the price will be down for a while before it could increase higher again. I don't want to lose any profit, and I only think about how I can make a profit from trading. That is happening in the bitcoin market, and so far, actually, we are making a lot of money from bitcoin itself, but that will only if you can find a good time to buy and sell bitcoin.
8870  Bitcoin / Bitcoin Discussion / Re: Bitcoin Will Replace Gold! Here's Why... on: September 07, 2019, 04:55:20 AM
Well, I don't have any perception about bitcoin will replace gold. I would prefer to see bitcoin and gold work by their way as the investment for people. And now, with bitcoin and gold, we have the opportunity to make a lot of money from both and bitcoin is not yet reach the very highest price because it is too volatile from time to time. But we cannot compare bitcoin and gold because it is different but in the same purposes to give a chance to people to make money.
8871  Bitcoin / Bitcoin Discussion / Re: Google Trends went crazy for the Btc search on: September 07, 2019, 03:58:01 AM
Google trending were also a manipulated marketing strategy. If bitcoin has reached a big spike all of the sudden this might be true that a large number of people are with plans to invest into bitcoin as the market outside cryptocurrency is experiencing a massive outburst. Years back when bitcoin marked its ath it was one among the top searched word on Google. With this we can expect a day same as the past.

I don't know if Google trending is being manipulated or not, but I think it will depend on each country. The result will be different from one country to another country. So if in one country, bitcoin has been searching for a million people, it doesn't mean that in another country will have the same thing as that country. Perhaps, we can compare the result in the big country first, so we know which country that shows us a huge search about bitcoin.

I think the trend of bitcoin will grow in this year and the next years as people want to search for another opportunity to make money. And if many people can find that bitcoin offers them a way to make money, that will attract more people to come into bitcoin, and that will make bitcoin grow fast.
8872  Economy / Gambling discussion / Re: Crypto hodling as a form of gambling! on: September 07, 2019, 02:41:53 AM
Until now, I probably agree with you that cryptos are some kind of gambling because it's so hard to predict any price or movement, that even real good analysts are wrong almost all of the time
Maybe with market evolving and growing, the times of gambling will end, and we will be something like stocks market

Even if the market evolving and growing, it will not stop gambling to grow too. People will still like to gamble because they know that gambling can make their life better. But that is not the gambling in the games, but gambling with something else out of the gambling games.

The gambling games itself will still exist for a long time. People are like to spend their money to get fun in another thing. So they will come to online gambling or offline gambling to play the games.
8873  Economy / Gambling discussion / Re: Reasons Crypto Players Skip Casinos with KYC on: September 07, 2019, 01:20:01 AM
There are no advantages when doing KYC in the game. Everything went as usual, just a condition. Therefore many gambling players will not do it. Because gambling doesn't need KYC, it's different if we are investors.
You have just spoken my mind. It should be investors who are suppose to ask for KYC and not the gamblers because, we all know that the government of every individuals have a reserve tolerance for gamblers which some have a penalty if caught in the act or if reveal through the process of doing KYC. More reasons why I jumped online casinos with KYC is because of my government restrictions on gambling, am afraid of my data be sold out.

Besides of the investors, the company who is running the business will need to do KYC so they can be a legit program's investment.

That will be different if we use the local casino to gamble and perhaps we need to show our ID before we enter to the places. But I guess that we don't have to fill the KYC to get in the local casino. As long as we are adult people, I think the casino will be no problem with us because we want to play gambling in their place.

Many of us are afraid about selling the data to the other party because with those data, and they can use it for anything they want. That is the reason for most gamblers to avoid the KYC process in online gambling or another website.
8874  Economy / Gambling discussion / Re: To bust Casino? Blackjack, myths and reality on: September 07, 2019, 12:18:11 AM
-snip-

Come on.. Sometimes it’s interesting to read something like that, with a cup of coffee after work.
There will definitely be those who will be interested. Smiley

Yes, that is interesting to read those articles, but I am too lazy for now, maybe next time Grin

But thank you for the article.

The victory will be on the house side. We, as gamblers have 2 options which are winning or losing the money. We can win the blackjack or another gambling game, but that will only if we have luck. But all in all, only the casino will take the biggest money from the gambling industry, and we are losing the money if we don't stop when we lose. That is the point of playing gambling.
8875  Alternate cryptocurrencies / Speculation (Altcoins) / Re: LiteCoin or ETHEREUM? Best Investment option. on: September 06, 2019, 05:58:08 AM
If I were you, I would invest in both litecoin and ethereum. My feeling says that both coins will be the potential coins in the future. Besides that, I like litecoin since I knew cryptocurrency and I feel that litecoin is like something that I should have to invest. I know that litecoin price is not increasing too high in a few years ago than the ethereum, but I am sure that litecoin will rise higher at the right time.

Ethereum is another coin that I want to invest, I miss the chance in the beginning when ethereum was release at first, but I don't miss the opportunity to sell my ethereum at the highest price in the last few years. That is why I think ethereum and litecoin will have a big chance to increase higher and I think both coins will still stay at the top 10 coins list at the CMC.
8876  Economy / Trading Discussion / Re: My Trading Success on: September 06, 2019, 04:45:30 AM
Trading success will accompany someone who chooses the right time to buy altcoins, I think. Bitcoin will not always have 70% dominance. This is all temporary. And now is not the best time to buy bitcoin. But I think many will disagree with me).

I do not think that this can be called successful trading.
More likely a good investment. Trading is a process that is repeated and repeated, bringing either taking away part of the funds and as a result we see a certain result.
In this case, I see only investment that ended in a plus.

We have our goals, and it will be different than the other people. Perhaps, they can be called that is their success in trading because they have reached their goals which they have in their list. But for us, it will not be successful in trading because we can easily to reach that. Perhaps, if he can do trade in over and over, then we will call that is successful, but for them, that will be too difficult to do as they don't have high-skills or time to trade in many times.

I am sure that all of us have our successful trading and we cannot compare to other people because we have different coins to trade, we have different goals, we have a different time to trade, and many else. But one thing that we should know that all of us still trying to reach every goal that we have and we are in the right track to reach that.
8877  Economy / Gambling discussion / Re: Gambling as a profession: there's people who live out of gambling? on: September 06, 2019, 01:45:38 AM
There are those who play for a pay. I guess we can include them as professional like those who play poker. Also I know a guy who plays billboards and you hire them to play against someone whom you know is also good in playing billboards. This guy will take a fee and will take a % of the winnings if he won.

It happens to my friend in billiard place. Someone asked him to play with him, and that match was using the money for the winner. So my friend called his friend to come to the billiard place, and he plays with that guy. With a long time of the round, finally my friend can win the money, but he needs to divide the money for his friend because he helps my friend to win from that guy.

Later, I heard from him that his friend was a professional billiard and his friend often to use money as a bet in the game and the winner took all of the money. His income only came from that billiard, and so far, he can live with the money because after he wins some money, he will go home and take a rest.
8878  Economy / Gambling discussion / Re: What You Should Know Before Playing A Crypto Betting Game on: September 06, 2019, 12:34:08 AM
And related to choosing the right gambling website, I always search on here first before I select on which site I want to use for gamble. I think it is enough if we can read the reviews from here because we've got so many members that will help us to find a good gambling site.

This forum will definitely help make the right decision where to gamble. There are many well-known and trusted members on this forum whose opinions I respect and rely on. This helps me to avoid double risks, I mean the risks of bad reviews or paid ones do not bother me much.

We could hope that they can learn from the other members so they can be able to avoid the double risks which are always be there. I guess perhaps we can know if the reviews were paid ones or not by reading the reviews itself and I think they are doing good reviews because the site has paid them.

It is better to trust people who are often playing gambling in the gambling site than to trust from the reviews because they can use fake reviews to make their site looks legit. Using small amounts for deposit will be better too if you want to check on how good the site so you can feel safe when you continue playing the games. But don't forget always to take care of your money and never use big money to play because playing gambling can risk all the money you have and you have a chance to lose all the money.
It is now very rare to get gamblers that play with big money because a lot of players have had very sad experiences by committing money into gambling. I am gambling on Bivest and despite the fact it is a well-known and very reputable site, I still can’t play with big money, the reason is simple. In gambling, you cannot trust any site and also cannot anyone at all.

I have long stopped believing in site review and this was after my experience with one new site that had very great reviews and it ended up a scam site. It baffles me really and I would always wonder if those reviews were real or made to believe.

We don't know about that, perhaps some big players use big money for gambling, and they don't mind to lose the money if they don't have luck. We don't have to use big money because that will make us not to stop the games, but it will give us a way to continue the games.

I never read the reviews on another website than in this forum only because I know that it is hard to find honest reviews. We can see the recommended gambling site from other members on here, and that means, we don't have to bother to search from the other sites.
8879  Economy / Trading Discussion / Re: Experience in Arbitrage trading? on: September 05, 2019, 05:59:01 AM
Thanks. The link was very helpful. I'm not new to trading but never traded with leverage. It is interesting though.

I suggest not to try traded with leverage if you are new in the normal trading because that will be too confusing for you to decide when you should enter and leave the market. That will be related to your skills so you can determine the right time to open and close your order and you can make a profit. You should learn about regular trading first, like what people did. Until you thought you have enough skills to try new trading, then you can try with leverage trading. Many people fail in leverage trading, that is not because they don't have skills, but they are too greedy to get bigger profit which we don't have to do that. As long as you can get a profit, no matter how much the percentage and that is a stable profit, it is enough to close the order and get the profit.
8880  Economy / Economics / Re: Trade war Influences on cryptocurrency on: September 05, 2019, 04:54:44 AM
If the trade war gets messy, traders will have to short the USD and save their money by investing in something that is more valuable and that won't be affected by the USA-China trade war. Some fund definitely will flow to bitcoin and this will bring more liquidity to the market. We can't be too sure about this, but people will certainly avoid fiat as much as they can.
It will be interesting to see what happens, traditionally investors have used the US bonds and the dollar as a safe haven, but what will happen if those two financial instruments get attacked? Taking into consideration how indebted are the US and other western countries it is my belief that the next crisis is going to be many times greater than the crisis of 2008 and if it is true many will try to find refuge in precious metals, but there will be a minority that will use bitcoin and other cryptocurrencies which is good news for us since the price will have to go up to match the demand.
make sense of your statement. where investors will certainly look for a shelter for funds. Precious metals have been trusted by everyone and have from ancient times had confidence, most likely investors will put their funds there. but cryptocurrency is one of the results of current technological developments, and millennials believe it to be an asset for the long term, I think some investors will run to crypto

Perhaps, the cryptocurrency can be a new solution for the investor to save their money and moves it into cryptocurrency. But they will need to be prepared to see the fluctuated of the price and I don't think that they are ready to see that. But so far, I don't see that the trade war influence on cryptocurrency (or I miss something here). It is interesting to see if the investors decide to moves their assets or money to the cryptocurrency, and that will affect every coin at the market. There will be a big demand from the investor, and that will lift the price to the higher price and who knows, that will trigger the bull run to comes early.
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