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981  Economy / Economics / Re: What is your personal debt reduction method aside the debt snowball method? on: July 05, 2023, 09:19:21 PM
Considering we all have different amounts of income and different amounts of debt, its not going to be that easy to find that is valid for all of us at the same time. I know that it looks like its possible but its not. If you make 100k a year and have 220k debt, its going to be wildly different from the person who has 10k a year income with 22k debt. Those are very different things not just because the difference in amount, because someone with 1 million a year income with 2.2 million debt could still do exactly what the 100k income one did, but the 10k income one doesn't have excess amount to spare, the other ones does.
Since we have different jobs, our incomes are probably not the same. The capability of each person to take a loan should be different as well. But I think we must avoid to take a loan that we are difficult to repay the loans. If we earn $100k every year, we mustn't take a loan $220k, how we repay the money? Just take a loan for a very urgent need, don't take a loan excessively. We must think carefully how to repay the loan money before we take the loan. It is a careless way to borrow money without thinking much about the repay.


It also depends on the interest rate you need to pay for such loan, for example the interests you need to pay for a mortgage are very low and as such you can afford to take the loan and pay the house in 10 to 20 years, however the interests you need to pay when using a credit card are incredibly high and if you allow your debt to go out of hand then it could take you a great deal of time and money to pay your debts, which at the time you got such debt it was relatively small.
The main thing or factor on which you would really be needing to check would really be solely on your source of income because it isnt really that much of a problem if you are earning sufficient, but what if not?

Whether the interest rate would be small or big then you would really be struggling on repaying or clearing up those debts on a certain period of time or would really be just simply that keep on continuing on paying up
those monthly amount due which it would really be just that an interest needs to be paid up. How long you would be keeping on doing this? For sure it would really be taking some time if you wont really be finding
other solution to the problem and this is where these banks and lending firms would really making out or sucking money into people.

Just be responsible and be mindful about your obligations on which it might really be that struggling on paying up but as much as you could then trying out to clear those things should really be your main priority.
982  Economy / Gambling discussion / Re: Why do you favor betting on spesific sport? on: July 05, 2023, 08:55:26 PM
Predicting a champion in league is completely hard, but usually it's not away from the top 3 favorited teams. But I'd consider to bet on a match, not predicting the champion.

Not only the Champions league, predicting any sports isn't easy at all, because even games with low odds can lose, how many times we have seen our parlay lose by 1 match, it's really common.

Personally, I like to bet in UFC because the fights are fast, you don't need to be waiting a long time to see your bet results, and since it's a 1 vs 1 sport is common to win with the underdogs, you only need to see one good punch to turn the odds in your side.

Underdog winning all the time is not really true in combat sports like MMA or boxing. I have been a fan of UFC  for quite awhile and certainly the promotion knows how to handle which fighter needs to fight who so that the public can witness fair matches.

There's not much David vs  Goliath match in the UFC these days unlike the early phase of UFC where there is no weight division.
Even on other sports which weight division is something that should really be having because its really way too simple on betting up on those sports if ever this category wont really be that applied because the bigger and heavier would really be definitely be able to win but of course we do really have that underdog chances on beating up the favorites but we know that this doesnt happen all the time and something that you cant really
rely on to have this kind of betting behavior.

In the talks about betting on a certain sport on which you are knowledgeable then it is really just that a common approach or must be to be done. Gambling or betting is for fun and betting on the sport on which
you are completely that fully aware or does know its mechanics and does know teams is more entertaining to watch on which every bet you do make would really be having that significant
worth of the money you do spend on that on which you wouldnt really feel out that it would be a waste.
983  Economy / Trading Discussion / Re: How do I become a successful Bitcoin investor as a newbies? on: July 05, 2023, 08:27:05 PM
You are newbie too, please don't try to teach other newbies.
Nowadays every newbie is like this, creating a long text useless guide bla bla bla.

The subject is how to become a successful investor, the first sentence of the thread is how to become a successful trader, the guide mention about investor, and the thread is posted in trading discussion section lol. So is the guide for investor or trader?

A simple thing like a trader need to learn about trend and candle stick didn't even mentioned by @OP.
Totally lacking right?

Newbie in ranking on forum account doesnt automatically means that you are noob in real life on which we shouldn't really be that conclusive in this regard because this might really be that possible that he might have that
experience really in real field of trading and investment but there's indeed a hole on which OP doesnt know to distinguish about investment and trading which we can say that he doesnt know on what he's been talking
because basing up on title then its talking about investing but on the content or body of text pertaining about trading which we know that there's a significant difference in between.

Speaking of success then there's no way that we could be able to reach out that state so easily even if we do give or make out some advises on which turns out to be basic
on using up your own common sense but on the time that you are on the actual situation then it would really be that just hard.
984  Economy / Gambling discussion / Re: Lotteries and possibility vs. probability on: July 04, 2023, 10:29:51 PM
I have recently read an interesting essay on this topic, but it was already explained it to me a few years ago.

The thesis would consist that, although the probability of winning classical lotteries is near zero (typically between 0.0000007% in the case of Euromillions and 0.000003% in the case of national lotteries), people is willing to pay an excessive overprice because they are buying the right to dream about the possibility of winning.

Although there are extreme cases that get addicted to lotteries, this is quite uncommon if I'm not wrong, because, if you are not paying for the probability but for the possibility, a bet of 1 USD is enough to buy said possibility.

On the other hand, national lotteries are known to be "taxes on ignorance of mathematics", but if these revenues financed public expenses that revert to the common good: would you agree to pay systematically 1 USD more in your annual taxes as something that ensures the right to dream of a dear life of every taxpayer?



We participate in the lottery with everyone's dream. But lucky people are not necessarily rewarded, only lottery games are rewarded. You paid money to buy lottery make your dreams come true don't hurt anyone's dreams. Every person should keep separate money for winning lottery. I have seen many people who are not happy about winning the lottery because of the hassle of paying taxes. Yet people come forward to these ads and spend a dollar to change their fortunes to win the dream.

Although everyone has the right to hope for something better, could the lottery's continued popularity contribute to an unhealthy preoccupation with rapid gratification? A society that has devalued effort and perseverance in favor of luck. You recommend dedicating a certain sum of money specifically to the lottery. But why not save up for something concrete, like a future adventure or a contingency fund?

Taxes, what a pain! This seems like a textbook example of "champagne problems," don't you think? It's like griping about the brightness of the sun on a tropical paradise. You're doing better than most people if you can complain about lottery taxes.

When I buy a lottery I am not excited that I will win it, but if there is a very small chance that I will win it , I know that there are players who are very fanatical about lotteries and they know that if they play a number they give it extreme importance, I admire that illusion and dedication to this, when I was little , many played the triples, lottery terminals, but there were not so many, there were up to 3 days, and the players drew many strategies, imagine that they drew numbers from Drawings and cartoons , others made pyramids and with Numbers, I do not understand what their logic was to be able to decipher that a number that they could see in cartoons was what was going to fall , I still remember these things and they make me Laugh.

On the time that you do bet or buy some lottery ticket then its not ideal on making yourself that too optimistic or really that too confident that you would really be getting the jackpot because thats not how it should be

treated on the first place.If you are that extremely lucky then you might be able to hit it up but we know that odds or chances is really that close to impossible on which making yourself that too confident on hitting
it and on the time that reality would slap into  your face then you would really be having that feeling of great disappointment and anger insider on what you havent won.?
Just like you on the time that i would be buying up some tickets on which im not really that making myself that too optimistic and just treat up that those tickets on auto lose but of course
i would really be checking out those results from time to time if ever it would be hit up.

Make yourself stick with that common approach and being that realistic because lottery and winning this stuff is never been that so simple or easy. You would be needing all the luck of this world
before you could be able to do so.  Cheesy
985  Economy / Trading Discussion / Re: What is your honest review of the Demo account? on: July 04, 2023, 09:26:10 PM
Demo trading is like trying the platform itself, familiarizing about it though you can do the actual trading but there’s no risk on that and your emotion might not be present by that time but still using a demo trading at first is a big help.

I don't think demo trading has actually helped anybody learn to trade.
A couple of years back I tried forex trading with a demo account and it felt like I was learning because I was making profits, but when I started trading live, I lost all my money. I think that's part of the reason that discouraged me from foreign exchange.
What I find most annoying about demo trading is how easy it is to trade and make a profit. All this is to make sure you trade on that platform.



Normal to experience that situation since not all the time that what trades you do using those demo accounts will also happen when you are at real time trading using your own money. Remember that market is unpredictable so maybe that's the reason why you lose your money since you didn't expect some situation and you got caught up with it. But for me demo accounts are so useful because for this we can warm up or try anything that we can learn from before we use our money to trade since its really waste of money if we don't use this and we want to try some strategy so demo is there to save us up to know more about on trading.
Practice yourself on using up technicals and on the time that you do see that you could be able to apply those things efficiently then this is the time that you would really be considering on going to real trading on which

making up use of your real balance would really be giving out that different vibe or impression because on the time that you do set your foot into live trading then the entire experience would really be entirely different

if we do speak about in comparison with demo account.You would be able to notice that you would really be that something emotional on the time that you would really be making use of real funds.
This isnt something that you do able to practice when you do engage with demo and this is the only thing thay you would be missing out on learning this stuff when you do start up with demo
but when it comes to knowing those indicators or tools then it would really be that relevant on doing so.
986  Economy / Gambling discussion / Re: How is your Gambling Pattern Like? on: July 04, 2023, 08:24:13 PM
~~
Yeah I agree with you on stopping the habit if its isn't fun for you but the truth to be told, I don't think most gambler that claim to gamble just for fun actually do gamble for just that purpose as the act is normally practice in my place by folks who are big time dreamers and feel they could have an easy escape to their hard life by hitting a miraculous win through gambling especially sports betting. Those set of people don't actually gamble because it is fun for them but they feel its an obligation which is pretty bad if you ask me because you might just end up an addict to the habit.

It doesn't matter if someone says that I will become a gambling addict. I will even add that I can be categorized as part of an addict. one thing that I realized, where gamblers have certain levels of understanding about gambling itself. I often read, that gambling is just to be part of the fun and even I said it myself. it's just that, there are those who don't understand the meaning of fun things and which are just figurative words.

Firstly, in gambling we are risking something of value and the reward is multiple wins. and that, very fun isn't it. well, most gamblers think or say. if in the end we lose the gambling session, they will still have fun. then, is this true? I sure don't. in fact, if gambling is no longer fun. in other words, we lose the gambling session. better stop the game session. we could come back tomorrow, or the day after, could be next week.
The point is, the problem of addiction is only we ourselves know it. I mean, we can guess that we are addicts or casual gamblers. Finally, if gambling is only detrimental to you, you should leave it and focus on other pleasures that can change your habit patterns.
I dont really mind on what others been saying as long i would really be able to make myself enjoy but of course im pretty much aware on how much i do only spend when it comes to gambling.There might be some people

who might be thinking that im already addicted but im pretty sure that im not. As long i do stick into my limit and having that kind of border line on my spending then it should really be find. About times or sessions then it would really be totally random because there are really times on which i do get bored and there are times on which im not really that in the mood on playing gambling because it cant really be just denied
that losing money is really that stressful.
This is why i dont really be having those kind of patterns because it would really be just on total random kind of behavior when it comes on playing gambling because this isnt the only one
on which ive been doing on the time that i do really seek out for leisure because sometimes i do really play computer games if ever i do get bored.
987  Economy / Speculation / Re: Bitcoin is ready for $40k on: July 03, 2023, 08:08:37 PM
I think it's a bit difficult if the bitcoin price will immediately reach $40k within this month. Recently the price of bitcoin has been on the decline and the resistance and support levels are not doing much better. Therefore, I am speculating that the bitcoin price will most likely only go above $30k and close to $35k in the next few months.
there is always a possibility for improvement and correction, but if I look at the world economic situation it has not yet improved, there are many domestic problems that are happening at the moment which make inflation unavoidable and always have an impact on purchasing power as well as buying bitcoins. but I might agree that if there is an increase it might just reach $35K and that is considered good, because waiting for the right time to move again later, there can be no more correction is of course an extraordinary thing.
There are many things depends on the world economic situation but Bitcoin is completely different. Because Bitcoin can maintain an upward trend in any bad situation. We experienced the bad situation in the last covid-19. In the current situation it is better to consider Bitcoin as an opportunity. The market has been waiting for a long time to stabilize. Even if the market does not rise to $40K as per the current situation, it can go beyond $35K anytime. Any positive news can trigger a rapid bullish movement in Bitcoin.
Totally unpredictable but if we do really compare out into those fundamentals relevance or effects back in the past compared to now then i could say that economic events is somewhat do really make out some effect on the

market as of today unlike on the past on which it doesnt really care but now? We are seeing the chances or situations on which it do able to affect out and cant really just be able to ignore specially if the news or the fundamentals been playing around is really connected into crypto space just like on that SEC vs Binance which it did really make out that effect. Going back into the topic about readying up for 40k?
Who knows? But the price is showing something bullish considering that we are moving up now and reaching or playing on 31k.If this one would be breaking out then seeing 35k would might be
that possible but we know that there's always a selling point or price on which correction do always happen.
988  Economy / Gambling discussion / Re: Quit gamble! Easy or Hard? Let's talk. on: July 03, 2023, 07:59:14 PM
It's easier said than done to be frank. Many people swear to themselves to quit gambling no matter what only to be drawn back into it by succumbing to their temptations. This is the reality of the world of gambling.

This is why you tend to observe so many losers who waste away their lives trying to recover the losses that they incurred while gambling.

You're absolutely right! Quitting gambling can be quite a challenge. It's like trying to walk away from a buffet when they announce that dessert is being served. It takes a lot of willpower and a strong mind to resist those sweet temptations!
I totally understand the challenges people face when trying to quit gambling. It can be a tough battle to resist the allure and temptation. It's like trying to hold a bar of chocolate in front of a chocoholic and telling them not to take a bite! Grin
Totally a challenge or something that cant really be that simple because if someone is already that been shackled with addiction on which it is really that hard to get out or getting rid of it unless if you are a type of person

on whose really that have strong self will and discipline then you would really be able to solve out this addiction quickly but if not then you would definitely be a huge problem on solving this out.
There are people who are addicted do able to resolved out such problem and there are ones who could not and this is why they had been helped out by their loved ones or even having that professional
seek of help on which we cant really say that this would really be that simple.

The most important thing on here is that on the time that you do gamble then dont make yourself get addicted to it because once this thing do really happen out then getting out would really be that hard.
989  Economy / Gambling discussion / Re: Lotteries and possibility vs. probability on: July 01, 2023, 11:59:27 PM
The past declared winners inspired people to continue grabbing their tickets because they also fantasize to win a huge amount of money and can change their life instantly.

There's no doubt that some have made this an opportunity to win a lifetime experience they will never forget in lottery, yet some have also been trying over time to make such opportunity but it never comes but despite they keep trying while some had stop giving a try on lottery application, since it's believee that lottery comes with alot of benefits, if everyone can made it to the entry because they needed just few applicants to be selected among many applying.
The probability is low, and as a bettor you have to be aware of this since continue betting with lottery might be expensive too, this can also lead to passive addiction and you might not be able to see this. The huge reward for just a cheap price of betting is indeed the reason why many are into lottery and in my place ordinary people bet more everyday for a hope of getting the jackpot, this could be why lottery is still in demand. Again, betting more might increase your probability to win but still no guarantee for the jackpot.
Spending up a buck or a couple would might not really be that much but if you do tend to make out calculations on a week basis on how much you would spend then it is something an amount which you could really make

use on other means or things which is more that important but well each person does have their own ways on how they would really be spending up their money or simply having that specific budget and this is why we cant really make out some right conclusive approach on what they should gonna do with their money.It would really be just that normal that people would really be that having that interest on buying up those lottery tickets or betting on different number combinations for them to hope on hitting that jackpot.

We know that there are people who are willing to spend a buck on day to day basis just for them to satisfy their aims and interest on a certain day on which there's nothing we can do if they would
really be having that kind of mindset on which it would really be that hard to change it up.
990  Economy / Trading Discussion / Re: Trading is risky, be conscious on: July 01, 2023, 10:42:17 PM
Over the time, I've seen people wanting to go into trading because they feel or think is a get rich quick scheme but get so disappointed along the process because the result they get isn't what was expected.
Trading is a very lucrative business but also a very risky business as well and as such should be done with so much caution.
What would be your advice for those wanting to trade as a newbie?
Do not trade until you become ready to trade not just in terms of knowledge and skills, but also in terms of your finances as taking a loan is never advisable especially if you are a beginner trader. And never trade because you believe that it’s a shortcut to make you rich, but only decide to trade because you are confident as a trader and you have high faith in yourself because of the acquired sufficient knowledge and developed good strategies that will be useful in trading successfully.
This is where demo trade would really be that relevant on which if you do tend to touch up this  crypto space then it would really be just that normal that you should really be needing to know about the basics or on how

things should really be handled out via learning on what are those things that are needed to be learned about because if you do make out directly those trades without having that enough preparation then you would
definitely be finding yourself on doing gambling simply because you dont really know on what you are doing which is something that you should really be trying out to avoid.
Trading is risky because we are dealing on a market which is really that entirely that volatile and something that cant really be that that easily predicted or make money.

If you wont really be making yourself that conscious then you would definitely be able to commit out mistakes which you would really be going into a path which it isnt really that supposed to be that this way.
991  Economy / Gambling discussion / Re: How is your Gambling Pattern Like? on: July 01, 2023, 10:07:16 PM
I don't have a gambling addiction, but I acknowledge that there are issues with my gambling habits that need to be addressed and corrected. One of the effective ways to tackle this is by observing, imitating, or modifying the patterns of other gamblers to suit me best. I'm curious about your own gambling lifestyle. Do you set aside specific times each day or week for gambling? If you enjoy sports betting, do you bet on games throughout the week whenever they're available? When it comes to visiting casinos, do you play at one today or this week and then try out a different one the next time you want to gamble? As for bankroll management, do you track it using an app, Excel, or any other methods? And regarding your environment, do you prefer playing at an online casino while listening to music in the background, or do you prefer a quiet atmosphere? I may have missed other aspects, but these questions should suffice for now. I look forward to reading your thoughts and comments.
There's no such pattern when i do gamble because it would be always be coming on a way on which it would really be totally random which most of the time it would really be pertaining on the time that i would really be

that vacant on which if ever i do see that i do have some time on doing gambling or i do see that im really minding about having some fun on doing so then i would definitely be playing it but of course everything would really be having that allocation when it comes to money to be spent out on this kind of activity and on the time that i would be busting up those numbers then for sure i would really be completely stopping and never
ever tend to go beyond with those amounts so that i wouldnt really be wrecked up by gambling.

There might be some patterns on some people but for me it would really be just totally random. Doesnt matter if theres have or not as long you do know on how to handle your finances
then that what matter most because this is where people do usually fail on doing so.
992  Economy / Economics / Re: Landed properties is the best investment on: June 30, 2023, 11:35:24 PM
Everyone knows that property is a profitable investment, but not everyone can make it happen. because the capital to buy a property is very large, not to mention if it is vacant land and we want to build a building on it, of course we have to spend more money. property prices will never go down, considering the ratio between demand and limited availability of land, and that's why property is a good place to save money. even now it seems difficult to buy a property if I'm just an ordinary employee if I don't have a side job

Property such as land will be more expensive if it is located in a place that is easier to visit and more frequently visited by many people. Because land that is located in a crowded atmosphere will always be more valuable and tends to increase in price every year because this land has always been a target for everyone to open business land. This is also due to the potential profit from the business that can be opened on that land considering that it is frequently visited by many people, but if the land is located very far from the crowds, of course the price will be very different from the land I meant.

Because that would be a very basic differentiator even though all land can equally be used to build buildings, even though it is true as you said that not everyone can own property such as land and also build buildings after owning land. But basically any land will not be wasted as long as it can still be used for something useful even if not for building a building, for example like a plantation which is basically empty land.
Buying land isnt cheap and for it to be that significant then the bigger area the better but also we should consider about being on a strategic location on which not all lands that had been purchased would really be definitely be ending up on being valuable or does have appreciating value on which it would really be just that still having the risks on which you cant really just careless or in rush on buying lands because you might really be ending up on buying a land without having those kind of potential but if you are really that making up some research and able to study before buying then you would really be having that advantage. You cant really be just that so
careless when buying up something because we know that land investments isnt cheap.

You cant just hurry up yourself on buying just because you've been able to hear that it is really a best or good investment, yes it is but with having those common factors or considerations.
993  Economy / Gambling discussion / Re: [Boxing] Stephen Fulton vs. Naoya Inoue | WBC & WBO 122 lbs bout | July 25 on: June 30, 2023, 10:21:17 PM
Because if only Manny Pacquiao can have the same revenues inside the Philippines, then he could've done that already because aside from having the crowd advantage, he will be no longer needed to adjust in a certain country just to train.

That's a good point. He has to travel to the US to get used to the altitude. Making money abroad though he will be taxed by the US law and back to the Philippines, he will also be taxed. A huge pain in the ass.

By the way, Inoue Naoya By KO is 2.07. Could the odd go to worse like 1.50 as the date approaches? Go big or go home kind of opportunity I think since it always going to be a KO with Inoue but this time he is inflating his weight.
Betting on that 2.07 via KO by Inoue would already be a tempting odd on which you could already make out some bets if you dont really like for it to decrease as the match approaches which this is most likely the case .

We know that Inoue is a knockout artist or on having that huge KO percentage on which even Fulton is a champion then i do really have that confidence that this one would really be ending up on a KO.
About its additional weight then for sure it isnt really that much which would be thinking that it might affect Inoue speed and footwork? For sure they had prepared for that one but i cant really
blame out on to those people who had been worrying about that add up weight for affecting his fighting performance but i dont see that much of an issue.
994  Economy / Speculation / Re: BTC > 1M ? on: June 30, 2023, 09:32:08 PM
In short, everything is just a prediction, and depending on each person's vision of bitcoin, no one will be right or wrong because it has not happened, so it is difficult to say. I don't care if bitcoin hits $1 million or not because that's too far-fetched goal, what I care most about is if bitcoin hits $100k, how much profit will I get from it? So what I am focusing on is accumulating bitcoins every time I have money, and I hope this bear season lasts longer so I have enough time for myself. I'm pretty pragmatic, bitcoin hasn't hit $100k yet, so it's unrealistic to think of $1 million.
It is better to focus on what it is right in front of us that in something that seems to be so far away, the only way for bitcoin to reach a price higher than one million dollars is if there was a huge amount of inflation during the next years which made the price of everything to skyrocket, and while this scenario is possible I do not think it will happen soon, so it is better to concentrate ourselves on a goal that bitcoin can actually reach, and 100k seems like the perfect level in which we must concentrate on.
You cant really stop people on having these speculative approach towards the price on which it would really be something that would likely to happen because they are really that having that optimistic approach when it comes to price since we've seen on how it did able to grow in a decade time on which making out some assumptions and presumptions on how things might really be ending up basing on the movements that
it made in the past but speaking about $1M then this would be an another story.

This could possibly happen but not would really be just talking about few years and this is why its better not to be bothered with these numbers because if you do keep on waiting for this point
for it to reach that price point then it would really be just creating that kind of feeling on getting that annoyed or really that being impatient on which it would might result
on making bad actions which it isnt really just that right on doing so.
995  Economy / Gambling discussion / Re: An Intriguing article: How to Perfect Your Gambling Strategy on: June 29, 2023, 11:48:17 PM
~snip~like for example I bet the first day I lost $500, the second day I lost $1000 and the third day I won $1000. despite getting a $1000 win but a $500 loss.
but back to that there are no guarantees because the luck of every gambler is different and all of this depends on a commitment not to be greedy. even though someone is lucky to beat the casino make a lot of money but greedy want to earn more I'm sure he will lose even more soon and fail to beat the casino like the problem of that time a person won over $500k but wanted to win $1m and finally all his big win was gone and failed to beat the casino.

in fact this is also a game on a gambling system, people who at first hope to win will actually make more deposits and after that, they will be given a win which can be said to be not in proportion to the initial capital spent, as you explained. But even though some people experience this, there are also players who at first only deposit a small amount, for example, only $10 and get profits of up to thousands of dollars because they manage to get the Jackpot. this is an inducement for players not to stop making bets so that the bookies will take the win again. this is why it is necessary to control the bet after winning, so that it does not turn into a wasted win.
And if that person really didn't stop because of greed, he would instead end up taking such heavy losses that even he would never have expected. However, our strategy must be constantly updated to get a good strategy, but we also have to know that there is no perfect strategy, so we don't have to try hard in gambling. We just need to try every strategy we come up with to know what works and what doesn't. But we still have to deposit a small amount of money to gamble to avoid big losses when our strategy fails. But if we do win, we don't need to continue to find other strategies that can work because that won't give us another win. Maybe our luck has gone after we managed to get a big win.
People would only realize when its too late and its something that you should really be avoiding in the first place on which you've been thinking that there's such thing about perfect strategy or something that it could work.

Strategies are really that good on prolonging the game and not on increasing your winning chance on profiting the game which it is really that a very wrong approach when it comes to strategies.
Trying to perfect it? You would really be just finding yourself ending up on being desperate because what would be your aim on trying to perfect it? For sure you would really be that
minding about on how to make profits or money with those strats.

Very wrong to have this kind of impression because this would really be leading up into wrong impressions because there's no way on finding yourself on having that good strategy on taking
against the house and make yourself that profitable.
996  Economy / Trading Discussion / Re: Luck is what you need in gambling but you have to get to work with trading on: June 29, 2023, 10:25:08 PM
Any trader that gambles on the trading will keep gambling on it until he learns how to use the non gambling features of trading.
That trader should have just gambled instead of gambling but, if he insists and continues doing that. It's for sure that he'll learn that he shouldn't be doing that.

And instead, the lessons that he'll learn will be there but it's gonna be quite expensive because if his approach is just like he's gambling, that's a terrible idea and should have just gone to casino instead of trading platforms.

For sure, the mindset of the trader is only gambling, and he just thinks that the strategy in gambling is the same as in trading, which we know could lead to big losses. Also, if that is his mindset, for sure he will learn a valuable lesson (if he reflects on those mistakes), as it may work at his first trade, but for the next trade, for sure, it is against the trader. But right now, most of the traders are aware that trading is not like gambling unless they are super lucky and win their entries, but most of them are developing their own strategy for their trades.
There can still be beginners luck which also happens in trading. But then, realizing all of the things that circulates in trading, it's not the same as gambling.

So this varies from the point of view of a gambler looking at trading and a trader looking at gambling. The thought that it all starts is because both do agree that the risk is there.

And that risk measured depends on the outlook of the person looking at it.
Yep. we do really have that beginners luck on which it would really be just that normal that we might be able to experience some wins or profits on initial engagement but on the time that you would really be doing this
and turns out that you are experiencing losing money then this is where realization would really be happening. Gambling and trading might be having some similarities when it comes to risks but the level in between both
things would be different.

There is a right approach when you do trade and theres a right approach when you do gamble which it is really that totally different. We know trading is for long term and gambling is for leisure and entertainment.
You cant really be able to collide both things to be similar because it is really just truly that different. Trading would really be turning out to be a gambling is on the time that you wont really be putting
any analysis with your trading decisions which is something that we do really need to avoid. You would once realize these things when you do have that actual dealing with these things.
997  Economy / Gambling / Re: Loophole in stopping Money Laundering through Wagering on: June 29, 2023, 09:37:23 PM
You want to test the system out and deposit $1,000,000 and play dice at x1.01? What are you going to do when you lose 1 of your bets and say $250,000 goes in the toilet?

I'm not sure why they have a wager requirement really except to make a user wager on the site. They say for anti money laundering but essentially making a wager 1x is pretty easy no matter the amount. Where you really need to be concerned is when they ask you for proof of funds. If you cannot prove where the funds came from in a way that satisfies their requirement, you could lose it all.
Going into that 1.01x wont guarantee because in order to hit up that 2x then it would really take a while plus you would be needing to make huge bets if you are really that in a hurry. What if you lost that bet? For sure you

would really be ending up on chasing those losses until you do lost all of your bankroll and this is something that not good to look at. ITs true that no matter what the amount if you do even play on that 2x odds then it wont really be that so hard on reaching or breaking that threshold if you are really that eager on getting out those laundered money but well we do know that gambling is risky and there's no assurance where you could
really conclude that you are lucky on that moment.What if you would be that on the opposite? You would be losing it all.

Its true about that KYC possibility because if there's some huge deposit that would ring out that bell then expect that there would really be further verifications.
998  Economy / Gambling / Re: Rollbit.com | Crypto's Most Rewarding Casino 👑 on: June 28, 2023, 10:33:15 PM

Confirmed! Can see that the ticket was pending our support team.

The issue should be resolved now, can you confirm? Smiley
Yeah I also expect him to make a confirmation that his withdrawal has been approved otherwise people would be arguing about another issue when the team has done it's part so there is clarity on the matter to all in this thread that team responds to genuine issues solving them ASAP.
This is what everyone here is expecting from the players who made the complain earlier and his confirmation of resolved withdrawal will go a long way to show how active and problem resolving the team have become, against the previous public perception about rollbits of having several unresolved issues.

But to this point, this casino have mentained their public image and visibilities here in the forum and that shows their level of resistance to attacks and ability to resolve issues where their are at fault.
This should be done because we know that there's no such thing about being perfect when it comes on handling issues on which there might be those issues which might able to be ignored or having that able to past their awareness.Good thing that they are really that active into this forum and would be making out some checks if there are users who are really that those unresolved issues. This is why it would really be always ideal that
if in case you are experiencing issues or problems then the best thing to do is to post up on community and contact them via with those provided contact emails or support or whatsoever.
It would really be just that a common approach to be done.

Rollbit is known to be one of the reputable and known sites in the market on which they cant really just let it to be tarnished out their reputation that they have built up for years.  Smiley
999  Economy / Speculation / Re: How much ,as you think ,is 1 bitcoin in 2025? on: June 28, 2023, 09:56:25 PM
How much ,as you think, is  1 bitcoin in 2025?
Certainly,  2025 is a long time from now and at that, we have to check the basic reactions in the market that can make up for the price of Bitcoin at that time such incidents as market crisis and the rest of the other market activities that could drag the price of bitcoin in a particular direction


But if we have to make a proper analysis,  2025/is already after half and at that, we have to place everything into consideration before we make any predictions,  such things to consider is the bitcoin supply at that time and what the market reaction to the value of Bitcoin at that time.
These are similar into those years on which we do always make up this kind of prediction and make out assumptions about on the future which it did turn out to be a hit or miss or even going beyond borders on which people

had been speculating about the price.We've seen that the entire community been surprised when Bitcoins price did hit up those numbers on which we really didnt expect for it to happen and now that we are
already trying out to recover or going half way into its previous ATh then people would be starting to throw off some speculation that we might be hitting 100k soon or even on next year.
Everyone could be having their own approach on things on which we know that there's no way that we could be able to know on whats ahead and this is why its really that important that
you should really be knowing on how to make out positions because if not then for sure you would really be finding yourself on missing the opportunity on making profits.
1000  Economy / Gambling discussion / Re: Ads for online gambling should be banned. on: June 28, 2023, 08:59:13 PM
Quote from: https://www.[Suspicious link removed
s/amp.theguardian.com/australia-news/2023/jun/28/ads-for-online-gambling-should-be-banned-in-australia-within-three-years-inquiry-recommends]Ads for online gambling should be banned across all media and at all times within three years to combat the manipulation of an “impressionable and vulnerable audience”, a parliamentary inquiry has recommended.

After months of debate about betting ads, including the prime minister, Anthony Albanese, labelling them “annoying” and the opposition leader, Peter Dutton, calling for a ban on ads during sports matches, the inquiry has provided a blueprint to shut them down entirely.
https://www.theguardian.com/australia-news/2023/jun/28/ads-for-online-gambling-should-be-banned-in-australia-within-three-years-inquiry-recommends

If this should be implemented will it affect bitcointalk casinos? As we all know most established and new casinos come to bitcointalk to launch their ANN thread and carry out signature promotion campaigns which can be regarded as ads in a sense. If ads should be banned will their promotion in Bitcointalk also end?
There's no such thing or possibility that this forum would really be affected by legal matters or things on which we know that this forum isnt owned by anyone. This kind of proposal or law to be implied is surely be pertaining

into those ads that we are seeing on streaming sites or social media on which it should really be that banned or removed. Wondering on how they would really be making out such implementation on such law?
We know that in internet then there's so much  vast space on where you would be needing to look at because once you do find yourself surfing into this space then there's no way that you could be able to
avoid on not to see these things.

IP ban? Application restriction? Yes, it might be that applicable or could happen but there's no way that it would be completely be wiping on about its existence and we know that
people could really simply make use of alternatives if they wanted to or eager to play or surfing on something.
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