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961  Economy / Economics / Re: Use your money wisely. Invest or Deposit ? on: December 18, 2022, 10:21:54 PM
Investment is the best option for managing our finances, don't get carried away when we get money and income so we always use it for things that are not useful, for example, being too wasteful or buying a lot of things we don't need, sometimes we have to force investment so that we get used to it and are disciplined.
It is actually the best option but not all people have the appetite to take risks in investments. That's why when I'm suggesting my real-life friends, I'm telling it quickly if they're for investment then they should be open to taking risks but if not then they start the principle of saving and growing it through investing. In the beginning, they may not be open to it because they are scared of the risk but it won't be like that forever as it will open their minds about the reality of finances and financial freedom.

If they are willing to listen and take things seriously they'll be able to start things the right way,  though I also see that there are people who are already satisfied with what they've got for now.

Not thinking for the bigger future to come and how important  it is in terms of financial freedom,  
invest or save  both are important  if you have that good knowledge  in managing your money.


962  Economy / Trading Discussion / Re: Why everybody is panicking ? Its a game of greed and fear ! on: December 18, 2022, 08:55:17 PM
In trying to put more pressure on the market by constantly monitoring a supposedly long term bitcoin or cryptocurrency investment, one ends up putting pressure on themselves as, the market is and will always remain a collective effort from the whales to make any huge difference.

The market is a highly volatile environment and most times more than  anticipated, it always looks as though your loosing, as though it was set against you and that builds pressure on you as an investor. Pushes you not to invest or sell your crypto portfolio due to phobia of further falls.

Staying away the charts becomes a reliable strategy to be in the market not minding the market condition.
True. You can never expect for the market to be always on the pump as it will always be volatile no matter what. Instead, accept the fact that when we are in a bearish market condition, crypto prices are dumping and so the best thing to do is hold them for long until we see them recovering again. Also, do not often monitor the market so you won’t feel pressured and end up panicking. For now, bitcoin accumulation would be the best resort.

That pressure will enagages you most of the time to a failed analysis, better to keep your investment on hold the very reaon why you need
to do your deep research and analysis to make sure that you are ready in anyhow.

Fear is something that you need work and need to beat when playing your cards riding
with the bear season, if you can buy and hold then wait for the bounce, the chance is
good to benefits from this business.
963  Economy / Trading Discussion / Re: Scalping, my best trading strategy on: December 18, 2022, 08:23:10 PM
I love scalping too. But there are several things you need to do in order to scalp successfully: first, find good currency pairs to trade. You want pairs that are moving relatively fast, with low spreads between bid and ask prices. Second, set up your trading account so that you can easily buy and sell currencies.
In scalping the trader usually sticked with a pair that is most volatile example BTCUSDT or ETHUSDT with low commission for crypto while in forex trading trading pairs lsuch as EURUSD, GBPUSD and USDJPY are mostly with low spread, however scalping require maximum concentration and focus by the trader because it involves a short movement of the price and precise entry and exit is the most factor to considered by an experience scalpers however this comes with numbers of years and skills, thus it is not advisable for any newbie to start trading as a scalper else such a trader will rekt their portfolio swiftly.

Yes, that statement is true, though there are many factors that needed to consider before you take your money into this kind
of strategy, it's takes time and focus to gain good knowledge in anticipating the market.

Not just a easy buy low sell high which will quickly suck your investment with a single mistake
that you do.

Make sure that you are fully aware with the system and always find lerning whenever you perform
this kind of system.
964  Economy / Gambling discussion / Re: 2023 NBA Season on: December 17, 2022, 08:41:40 PM
Yeah, probably some anxious moments for the Lakers to see Davis again, limping and so he has to take a break and see the extend of that injuries. Really fragile big man, but hopefully he will be ok and just needed to rest that ankle or what part is injured.

Huge W for the Lakers at home, at least they didn't choke in the team and play as a coherent team with Lebron taking the leadership. Like the game of WB tonight, easy triple double and then attacking the basket when everyone thought that he will make a pass. While big man Thomas Bryant has his way against Jokic and scoring big 21 points.

You're right. Davis is a fragile guy, considering he can be injured every time he makes a bad move. So let's hope he won't miss more than a couple of games because of another injury. As for Westbrook's performance this game, he really surprised the Lakers fans. By the way, the funny fact is that it was only his second triple-double this season, and he did the first one just a couple of games ago.

They need to perform like this, more games like this where they are allowing Bryant to help. The man has that skill they just need to keep feeding him and he will deliver.

I like how both Dennis and Russ play today. They are aggressive and they are not being intimidated by
LeBron's presence they are deciding what they've thought is right.

The end results favor them and a surprising one since Davis was not there to help them the whole
game.
965  Economy / Trading Discussion / Re: Scalping, my best trading strategy on: December 17, 2022, 08:27:18 PM
Being a scalper is not advisable for newbies here in the crypto space, you should be saying that. Because scalping activity requires you to quickly decide when to buy and sell, you know that dude.

Nayon, if for you this is the best strategy to get a profit, that's good for you, even if the income is small but if it's every 5mins, 10 mins., 15 mins or more it depends on you you can earn quickly but also fast Lose with a little mistake because technical analysis is based on a fluctuation.
One of the most important skills when it comes to trading is our ability to take decisions under pressure, and this is a skill that developers over time, the reason a great deal of people recommend long term investing for newbies as a way to get experience in the markets is because the less decisions they can take the less possibilities they have of making a mistake, scalping is a profitable strategy but one that requires for the trader to take several important decisions daily, and a newbie is simply incapable of doing this under so much pressure as they lack the skill and the experience to do it.

I agree, if you will start things with a long-term goal, you'll be able to experience both pump and dump around the market. This kind of experienced will establish good decision making in the long run.

Once you are already aware of how the market works, then you'll be able to work with different
strategy, scalping is one of those working systems for people who know and understand how to
anticipate where the market will proceed, or the chance of making the right decision is higher.
966  Economy / Gambling discussion / Re: 2023 NBA Season on: December 16, 2022, 10:54:18 PM
Poole and Wiggins and Klay all three will have their hands full, I am not sure if all three are uninjured and available to play to be fair, maybe one of them is injured too. But if they are all healthy, the offense will run through these three and they will have to carry the scoring load.

This is a 30+ point guy we are talking about they are missing, so they will combined need to make 30+ more points together, will take more shots of course, but considering how efficient Curry has been, it is going to be hard to do it at the same amount of shooting as well. Plus, the spacing will not be the same, curry gets defences even before half court, whereas these players won't and that's a difference too.

Warriors to begin with have been underperforming this regular, and now having to go several weeks without Stephen Curry will surely put their whole season in a bit of jeopardy, and also given the fact that they're barely clinging to that 10th position, the last in the play-in tournament.

Warriors would in my opinion have been in better shape or situation if they had kept a couple their role players from last season, I'm sure a healthy  Juan Toscano-Anderson, Nemanja Bjelica and Damion Lee will all come in very handy right and will help reduce the amount of work loads on their starters.
Adding Payton Jr. for the defense as well, those names you mentioned are players who can make a good impact when playing either with other starters, giving stars a good time to rest while the system is still running the same.

The Warriors stats during this regular season seem to be very different. They've got their starters and
have good role players, but they are not performing the way fans and viewers are expecting them. Especially
in their road games, something is really not working right with them this season.
967  Economy / Economics / Re: A career - as an employee or a business owner which do you prefer and why? on: December 16, 2022, 10:06:00 PM
It seems to me it doesn't matter who is better to be an employee or an entrepreneur. It is much more important that you really like and enjoy the work you are doing. It is also very important who you work with, because if you do not like your environment, then most likely it will be difficult for you as an employee and an entrepreneur.
On the money side, I'm pretty sure that it's always better to look at how you will prosper, whether you are working as an employee or
a business owner, if you are earning good, that's a motivation.

But yeah, there's also a portion of you who's going to look with enjoyment or working with someone
that you are comfortable, even the salary or income is not that much.

A case to case scenarios which has different opinions that we will hear from different people's overviews.
968  Economy / Trading Discussion / Re: 5 Bear Market Mistakes to Avoid on: December 16, 2022, 09:30:13 PM
OP forgot to list random investing in a crashing cryptocurrency.  We should do our research every time we intend to invest to something.  We should check and research the fundamental of the target cryptocurrency and verify its foundation if it can withstand the test of time.  If we are to invest in a long term we must know that it has a solid foundation because if it has no solid foundation then our money that we invest will be wasted or gone.

Knowing how solid is the foundation is very important if you are aiming for long-term investment,
project that have good usages will survive in a volatile market like crypto.

As long as there are users who will continue to support and follow the project, the chance of gaining
good value will take place. The very reason you should always do your deep research before making
your decision to invest in your chosen project/s.

The bearish season is the perfect time to invest but we should also know the right coin to invest with. We should be smart in choosing a potential and active coin so we'll never fill our baskets with trash coins. Doing our own research is always necessary so we will have a complete idea of what to buy. As for me, top coins that have been in different market cycles are the best option in case we're having doubts about new projects.

You need to sort things out, then decide before taking your step. There are many available projects to choose, but before deciding
make sure that you really do your assessment and analysis.

I like the idea of top coins that have been in the different market cycles, as the projects already experienced
the situation before and manage to bounce back and bring decent benefits, risking can be favorable if you
have that patience to wait and hold.
969  Economy / Gambling discussion / Re: NBA 2020-2021 betting on: December 16, 2022, 10:07:26 AM
I don't think it's a trap, Memphis is on a 6 win streak already. So as respect, they are the slight favorite here.
I guess Bucks are a good pick as Giannis are slowing coming back to his normal.
Oh, so maybe it's a good thing to risk for the Bucks. I'll take the ML. Jrue is out, I will trust Middleton and Giannis to up their game.


Taking the bucks wasn't a good idea though, they experience their biggest loss this season and I can't believe it happened to a team that has won previously a championship. Giannis was very limited this game, and overall they are also outrebounded by the Memphis Grizz.

Bad night for the Bucks, Giannis is unable to provide the lift the needs from him while with Memphis everything seems right everyone
are doing their share both offense and defense.

Not good for the Bucks, but still they have good spot number in the east while Memphis is now the
top seeded from the West.

Congrats to all who win the game today, to all those who lose, there are many games to analyze
tomorrow, best of luck!
970  Economy / Gambling discussion / Re: [Boxing] Naoya Inoue vs Paul Butler - Undisputed Bantamweight Bout - December 13 on: December 15, 2022, 06:05:24 PM
They keep ignoring the potential Casimero match which makes his undisputed title cause a lot of comment. I really hope that the fight between this 2 impressive boxer will happened next year.

That is a big possibility now since Inoue has nothing to proved in the bantamweight and shows intention to go up in super bantamweight and continue because he said that he want to get another belt in the new division and planning to unify it as well. But Casimero will be in this track this time.

Casimero is going to be a challenger for Inoue, although Inoue had some success in bantamweight division, but when he will move, he would not fight a champion right away, so no other fighter that could give Inoue a real challenge but Casimero. I'm confident that it will happen because Casimero will never stopped challenging Inoue and the beast will leave no option but to accept it.

And hopefully Inoue will finally say yes. Casimero was already challenging Inoue when they are both champions in the bantamweight division but it seemed like Bob Arum does not want to take risk on his cash cow already Inoue is a huge favorite to win. They cannot escape anymore because in order for Inoue to have a shot on a title fight, he needs to be a top contender and that means beating his fellow contenders which Casimero is waiting in line.

Inoue, though, has that privilege if the champ from the current division will accept his challenge, right? Just like what happen with Bivol and Alvarez, Canelo challenge Bivol on his division but failed to snatch the belt.

It can be applied to Inoue. We know how good Bob Arum is in terms of negotiations and if the champion
from this division agree they can simply schedule the fight.

It's Casimero who needed to be a top challenger before he can call for the belt. He went up without anything
to offer, start from scratch.
971  Economy / Gambling discussion / Re: Cock fight game on: December 15, 2022, 04:07:45 PM
~Thye are getting a huge amount of money. That's the reason why they are involved
with gambling, not only limited to cockfight but the whole gambling activities
with the involvement of most government officials.

I don't know, does cockfighting attract many gamblers, I mean, worldwide?

There's an article in Bloomberg, saying that "Online Cockfighting Wagers Rake in Billions in the Philippines". In the article they say that only one group’s revenue each month is about 1.5 billion Philippine Pesos($27 million USD), and that's a huge money, but is there another country like the Philippines in this regard?


Not sure about other countries but looking on that perspective, the chance that whatever countries still facilitating this gambling might continue to bring this business.

The revenue which is written is a basis alone and not the actual amount. There are sides betting which
is no longer count plus the illegal places where this gambling can be performed.

With that number, involvement of some government officials is really anticipated, money
will move them since it's an easy side income for them.
972  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Altcoins worth investing at dip on: December 15, 2022, 03:54:44 PM
Many altcoins have good potential to skyrocket when the market improves, do not panic when looking at the market conditions that are still red like now, this is precisely this is a good opportunity to buy so that we are faster for profit, some decent altcoins are Apecoin, Matic, Solana, Solana and so on.
This is a good time to invest in almost all alt coins. Each coin has seen a price drop of around 95% or more from its peak. I think this is a good time for new investment. But the current market may go deeper. I think we need to wait for few days. I am in favor of buying APE and Matic but there is confusion about Solana.

True, altcoins have a very good opportunity to skyrocket when the market recovers, but I suggest always watching the market because bad things like LUNA or FTT can happen at any time, we take advantage of the bigger profit opportunities to store altcoins.

You need to learn on how to move forward in case another case of Luna and FTX happen again. Experienced will dictate to you on how you
work alongside with any potential risk that you will encounter.

As long as you know how to let go and to keep moving, even you suffer with a project that didn't work
out when using it as the sole medium for your investment.

There are many available projects and all you need to do is to sort it up and pick the best one according
to your deep research and analysis.
973  Economy / Gambling discussion / Re: 2022 WNBA Discussion and Betting on: December 15, 2022, 02:51:31 AM
Here to update about Britney Griner's custody in Russia. She is now back and dunking again.
Quote
Fresh off her elated return to the US after months in Russian custody, two-time Olympic gold medalist Brittney Griner is back on a basketball court.
Quote
Griner’s first move on a Texas basketball court Sunday was a dunk, her agent, Lindsay Kagawa Colas, told CNN on Monday.
https://edition.cnn.com/2022/12/12/us/brittney-griner-us-arrival-monday/index.html
Big news for all the WNBA fans.
I saw this just recently when Candace Parker was doing the commentator job for TNT yesterday in Los Angeles.
The look on Candace Parker's face is a combined happiness and relief. For now, Griner is under psychological tests and I think it will take months before she recovers from the impact of being detained on another country's soil.

The big question for Griner though now that she is home, what's next? It's still unclear if she will go back to WNBA or if it will mean retirement and trying a new job.

Nice news but I will directly go to the possibility that he will come back and play before that retirement, still young and he can add
spice to the league, so better bring that excitement to all her fans.

We might see her back wearing a WNBA uniform, not sure what will be her setup but I still
believe that she missed the game and after that psychological test, she and her agent
will decide what will be the plan next.
974  Economy / Trading Discussion / Re: The patience to hold is a gift on: December 14, 2022, 12:31:31 PM
Recommending someone to invest in Bitcoin is some how risky. If the don't have the patience to wait for the bull season to commence the might sell at a loss and but the blame on the introducer. And many likes attributing their failures to someone then their success to their personal effort. I have learnt from past experience that before I recommend Bitcoin to a newbie I will first ask how long the can hold for and that will determine if I will be willing to proceed with guidance or end it there.

It's not all about how long they will hold, it's how knowledgeable they are about of what they are dealing with. It's easy to invest into something but hard to get the profit/ROI that you want. So, if a newbie would want to invest this might take some personal or shared experience before they decide what to do with their investment.

If they have a good mentor then they are lucky to have one compared to those who are self-learning because it might take some time before they learn their lesson.
Learning is so fast if someone who has a huge knowledge of a particular thing like investing in crypto will accompany us and share their ideas as well. Because what we get from reading online, watching YouTube is incomplete while if someone teaches you and explains to you face to face, it was easy to understand.

But also, if we wanted to enhance our knowledge and skills, we have to improve our mindset as well and tried to encourage ourselves not to be afraid of taking risks. Because this form of investment is not just all about knowledge and skills but also about the experience. More experience - more learning.

I see that idea, if someone can give you a deeper look at how the market works and you are willing to continue enhancing your own
knowledge all of the sudden you will learn how to be patience.

Though it is still on how you wanted to succeed and how willing you are to spend both your time
and efforts to find the right way to invest and hold while patiently waiting for the good bounce back
to earn a lot.
975  Economy / Gambling discussion / Re: 2023 NBA Season on: December 14, 2022, 10:31:32 AM
Everyone talking about what a treat the Boston Celtics vs Los Angeles Lakers game was.  I personally missed it, but hearing about what happened it sounds like the game was all over the place.  A live gambler's dream.  I think it's a good sign that the Lakers were able to put up such a good fight against the Celtics, even though I think the large early lead may have had something to do with it.  I really feel like the Lakers have a good core, they just need a couple more pieces to be able to win games like this.  It sounds like something big is going to happen to their roster before the trade deadline.

Yeah, it went into OT for the Lakers, but Jayson Tatum erupted for 44 big points in this game.

Not sure what pieces should the Lakers need in order to get over the hump on losing another close game in OT. But it seems that they still need a good outside shooter to open up the floor for them. And they have good players that can pass, Lebron and WB. So someone like what they did before when they become champion. Someone that they can throw the ball outside and shoot that 3 without any hesitation.

A good and reliable outside shooter/s since they have LeBron and Westbrook, who are both good at attacking and passing the ball. If they can add shooters who are also good in defense, that might fit it.

The trio of lakers did everything and they are really carrying the load, but it's not enough
for them to win the game.
976  Economy / Gambling discussion / Re: Cock fight game on: December 14, 2022, 10:23:54 AM
Seeing the same, in the place where i live, government officials are also participating, especially those police who love this gambling. Gamblers are free to play since they are heavily protected.

Police professionals here in our country are not allowed to participate in any form of gambling, especially in gambling like cockfighting.

That was prohibited because it might lead to self-interest and abuse. It will lead to kicking on the service permanently.

You will never see police here playing that gambling game that's why as much as possible they are hiding their identities just to play this gambling game.
Yeah, they're not allowed to participate and enter the gambling premises. Whether it's cockfighting or any type of gambling activity, it's part of the public official's oath that they shouldn't engage in any type of gambling activity or else, when they're reported, they'll take a sanction.
That's for sure but it can't be stopped if there are police officers that are still gambling no matter what the rules and oath they've taken, if they're a gambler, they'll always be a gambler.
Those kind of rules are incredibly difficult to enforce as it is not as if those which due to their profession cannot gamble will actually tell everyone they are doing it, another example of this are athletes which are not supposed to gamble on matches in which they participate, with some leagues asking to not even make any kind of bet on the league or the sport at all, and yet we get to know many examples of this over the years, and those are only the ones which are caught as most likely there are many athletes which break the rules and we never find out about it.

The influence of money will continue those people to do things that supposedly they are not allowed to do. You mentioned about
athletes and enforcers who are engaged with gambling.

Thye are getting a huge amount of money. That's the reason why they are involved
with gambling, not only limited to cockfight but the whole gambling activities
with the involvement of most government officials.
977  Economy / Gambling discussion / Re: Losing $350,000 because of a friend, what would you do? on: December 14, 2022, 10:09:09 AM
It is not ideal to make an all-in with a one-pot game because its just an all-or-nothing game and we know the possible odds with the game mostly with this kind of game, at the end get the courage and make a risky still decision of the player to make it with this large amount it will really test your friendship if you will make it continue or not well if you decision will become tough because its a battle against friendship vs the money situation and trust is really the big deal.

Well, to do an all-in seems like something very risky, at this point I wouldn't take a risk like that, unless it's at a time when I have so much money that I wouldn't care if I lose or not. , but really betting and leaving the money like this is something that you have to have nerves of steel, I think that this type of thing should be thought about very well, in which case this is something each person has in themselves to make their decision, to my are things that when one is in a period of emotion one must have a lot of restraint, a lot of control and above all that the reason is the one that prevails, in a casino game one can very easily lose control, that is where our willpower and responsibility.


Yolo is something that is common inside casinos. Most of the time, those who are desperate are the ones who practice this thing, thinking that if luck permits them, they will win and recover or win more.

Big difference with OP's hypothetical case. If you do Yolo and a friend change it up, then
the original bet wins. You cannot say what emotions you can have learning that you are
not earning that huge amount of money because of the mistake you didn't commit.
978  Economy / Gambling discussion / Re: [Boxing] Naoya Inoue vs Paul Butler - Undisputed Bantamweight Bout - December 13 on: December 13, 2022, 10:16:22 AM
Inoue is expected to win all the titles in the Bantamweight and move up he is having issues with his weight, but Inoue will conquer a lot of weight divisions, like Manny Pacquiao, he will be multi-titled I don't think he will face big challenges in the featherweight division, Inoue career is just going to the most exciting part because there are great names in the upper weight division and this is where the big challenges are. 

If Inoue becomes undisputed in 118 lbs, he will be the first Japanese boxer to be able to unify a certain division.  I agree Inoue is a great boxer and a monster of 118 lbs but we never know what awaits him if he goes up in the weight division.

New challenges will bring him more excitement. Next in line will be to try conquering the Super Bantamweight.

A jump from 118 lbs to 122 lbs isn't really that tough to adopt for a boxer like Inoue.

In fact, his body is already capable to fight at 122 lbs with just a bit of extra training. I hope he will get a chance to face those current champions there.


Not that far and with his fighting skills, it's very possible for him to win or make himself a champion at his next stop. It's not hard for Inoue to gain that weight and still move the same.

Giving him enough time to train while gaining weight, his solid combination is his strong
advantage, even if he will move up as long as he will bring that same level of dedication
to prepare, we will expect more belts and title for him to win.
979  Economy / Gambling discussion / Re: 2023 NBA Season on: December 13, 2022, 09:56:15 AM
Big win by the Clippers, I'm surprised, it was not even a close game. A 20 points win from the home team, and they are even the underdog. Also, it seemed like Leonard is already back, he was very efficient in this game contributing 25 pts, 6 assts, and 9 rebounds.

This is a scary team, with Leonard getting 100% soon, this team is gonna be a great contender of winning the NBA championship.

Celtics already suffered a two losing streak, 1 from the Warriors, now against the Clippers.

There's no doubt they can really win and update the number 1 team in the league because we know Leonard can really play and have some skills with him to help his teammates win a championship. This season has really been a big surprise because as you can see, in the western conference, the New Orleans Pelicans are already at the top with the help of Williamson and we see the Clippers today having no problem winning against the Boston Celtics. This is how the league quickly changes when the superstars of the other teams are healthy.

Yeah, like also what happened with the Lakers. When both AD and LeBron are healthy, they made a good winning streak,
now, it's Leonard and the Clippers.

We might see more winnings with them or expect a good streak for them with Leonard having
a healthy game like this, and with the supporting role players to back him up. We all know that
Clippers will always have that chance to move forward and chase for the title.
980  Economy / Trading Discussion / Re: 5 Bear Market Mistakes to Avoid on: December 13, 2022, 09:47:25 AM
OP forgot to list random investing in a crashing cryptocurrency.  We should do our research every time we intend to invest to something.  We should check and research the fundamental of the target cryptocurrency and verify its foundation if it can withstand the test of time.  If we are to invest in a long term we must know that it has a solid foundation because if it has no solid foundation then our money that we invest will be wasted or gone.

Knowing how solid is the foundation is very important if you are aiming for long-term investment,
project that have good usages will survive in a volatile market like crypto.

As long as there are users who will continue to support and follow the project, the chance of gaining
good value will take place. The very reason you should always do your deep research before making
your decision to invest in your chosen project/s.
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