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May 30, 2024, 04:36:23 AM *
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1  Economy / Trading Discussion / Re: Day trading or Long term on: May 29, 2024, 09:15:50 PM
In day trading there are many factors involved and including the risk of losing your cash or trade since you may enter the market at any moment. Actually, it is nice to get into trading, but I don't see much joy in daytrading. I've also listened to a lot of advise on trading and which coins to buy, but I end up losing a lot.
Advice is just advice if we don't have the basics for analyzing the market or an asset, in my opinion it's useless. Daily trading has much greater risks than if we choose the long term. Yes, we don't just stick to one or two coins to trade in the market. If we don't have basic analysis, we should choose the one with minimal risk by holding the long term, which is much better than the short term.
Yeah, any advice received from anyone is useless if a person doesn't have the basic knowledge to understand that advice and act upon it. A lot of people get into trading and they join certain signal groups to get signals and make trades according to them, they may earn some money initially but they need to know that they can't keep doing that forever, and if they aren't focusing on learning everything themselves, they will have a hard time in the future.

You can't stay dependent on others all the time and there will be a time when you will be on your own and when that time comes, you will regret not trying to get enough knowledge and trying to understand how things work around the industry you are in so that you can do everything yourself.
2  Economy / Gambling discussion / Re: UEFA Conference League 2023/24 Season on: May 29, 2024, 06:26:50 PM
Olympiacos' performance was fantastic at the end of the season, they eliminated Fernabach in the quarterfinals and defeated Aston Villa both home and away to qualify for the final. Olympiacos have more chances to win the Conference league but football is unpredictable, we may see them conceding two goals in less than 10 minutes. Fiorentina on the other hand has a victory over Club Brugge to qualify for the final due to the red they received in the first and second leg. Fiorentina will play the Conference final today after they lost the trophy to West Ham last season with a score of 1:2. I hope they put more strength in their game today, they shouldn't lose two trophies in the final for two seasons.
Now we are going to watch second final of the UEFA season with things are looking interesting because we are having Olympiacos at his best after beating Fenerbahçe and Aston Villa into their last two games with Fiorentina is also doing impressive work as they are already having next season's Conference league ticket into their pocket, but they can convert this into UEFA Europa League after win.

This is their second attempt after having lost against West Ham in last season and Atlanta win give them good booster for the win in this season because we are having good performance from the Italian sides in UEFA in last two season many are having spots into finals even in last season they lost all three but this time they are already having one win with after few minutes second is going to start which could be also looking favourable for them.
3  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: May 29, 2024, 05:06:23 PM
I have noticed a trend that now coaches who have ever worked with Guardiola are highly valued (Kompany - Bayern, Maresca - Chelsea), and if the first one is quite young and has not yet proven his skills with impressive results, then Maresca was able to win the Championship, which looks very earnestly. He is already discussing summer transfers with the management, for now it is reported that he wants to buy a goalkeeper and a defender.
But Kompany did not work with Guardiola as an assistant coach or any coaching staff position. He was a former player but he is not doing good as a manager therefore Bayern Munich are not thinking correctly before hiring him. He might do well at the club but it would not be because of his coaching abilities but because of the players that Bayern Munich has and the mindset of the players at the club. Bayern Munich is a big club and Kompany should not be having such privilege to manage them when he does not have a good record but Pep guardiola influence would had helped in securing that job. Every club wants Pep Guardiola management abilities and are looking for a coach with his coaching style. Chelsea has appointed a good manager, they should give him freedom to bring out the best from the young squad.
Vincent Kompany is good or bad currently we can't talk about this with things are now having big change for him as he is leading to Bayern Munich after having four years as coach at two clubs where his record is 45% and 42% which is clearly not idea for anyone who is going to lead club like Bayern Munich as we are having too many managerial changes in all top leagues this is one of the most interesting because after few big names rejected this spot now they are going with Kompany which is really shocking.

With as things are going, and we are having too many peoples around which are linked directly or indirectly to Guardiola is also interesting now how he will be manage this all it's another talk, and we will be having all in coming days but in case of success this could be huge achievement for the both sides which done this with it's clearly big gamble by the Bayern Munich.
4  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BTC or altcoin on: May 29, 2024, 07:02:42 AM
People want to become profitable from cryptocurrency. Some people want secure their fund cause it needs to take higher risk for higher gain that's why btc is good to be hold. Might be give you Small profit but safe. And altcoins are risky. altcoins will give you much profit. A multiple time higher than bitcoin and that's why people jump to altcoin investment but they should keep it in mind that altcoins can trun into shitcoin anytime. So make diversification, buy both btc and good altcoins for best deal
And who wouldn't be? This is the point of all of this on why we are here. It is because when we have more money we can do almost anything that we wanted to and that somehow eases the stress and problems that we feel. Taking higher risks and at the same time securing a fund seems contradictory to each other.

Even if it's only low risks but once we invest it, it means our funds are not totally secured anymore due to the volatility and other factors but no doubt that BTC is a good choice here in crypto. I think any coins including BTC can turn into a shitcoin once a very unfortunate event happens. So indeed that diversification, not only in cryptos might help us save some of our capital.
5  Economy / Gambling discussion / Re: Foolhardy bets. on: May 28, 2024, 08:10:00 PM
It can happen mostly when you newly started gambling, after losing so much money, you can just get bored and frustrated at the same time and you might just decide to do what ever your mind tells you to do without giving any second thought to what you are doing. At that moment it doesn't matter to you whether you know what you are doing of not, you have submit your self to 100% luck and not any form of common sense application. It happen to me when I first started gambling some years back.
losing at gambling is a normal thing, especially when someone is just starting out at gambling, it seems that most of the gamblers make mistakes that result in their losses. the most important thing is how we respond to this and not think too much about the loss, let alone gambling continuously to be able to chase the loss, that is quite careless and it could lead to addiction. it would be better for gamblers to respond more wisely and not gamble excessively when they lose. taking a break can be done so that gamblers can reduce the potential for even worse losses.
Starters supposed to win more. It is either because of beginners luck or it was only the casino making them believe that making money at them is so easy.

You already said that losing is a normal thing, so it is not about making a mistake and I believe there is no such thing as mistakes but all actions are intended and the money spend is not wasted but the person do also earn a benefit including a lesson if they regrated their actions. No it's not the loss that they are thinking but it was the win and if only they will think about losses, this is the time that they will stop and there is no guarantees for them to return in the gambling arena again.
6  Bitcoin / Bitcoin Discussion / Re: Thoughts about the person renting an apartment with Bitcoin in Argentina on: May 28, 2024, 07:25:24 PM
OP. Any news that reports about businesses or other things that can be paid for using Bitcoin is always fun.
We know Argentina with its new president as someone who likes Bitcoin and based on this, it makes it easier for business people to use Bitcoin as a means of payment. It may not be as total as the implementation in El Salvador, but policies like this report have made it easier for citizens to implement them.

We continue to hope that many countries can make Bitcoin what it should be. We are also proud here that we can still make Bitcoin a commodity asset.
If I'm living on that country, I will not be excited and start using BTC directly but I will confirm the news first if it's an official one, only to be safe. He likes BTC but it doesn't mean that he will now also make it legal even though it's weird because that is not his main priority. There is still a chance later on for this. What we only need is patience.

There are countries in which one side of BTC is only accepted. For some it was as a currency, while the other is as an asset. If you're from a country that only accepts BTC as a commodity or an asset, not all are still going to proud or happy because not all are like you, but some only likes to use a BTC as a currency.
7  Bitcoin / Bitcoin Discussion / Re: Bitcoin Will always Survive on: May 28, 2024, 06:30:22 PM
Nowadays with the increase in the value of bitcoin the demand for bitcoin is increasing and it has become a part of many societies. Many countries around the world are supporting bitcoin. The use of bitcoin is possible through the Internet so bitcoin will continue as long as the Internet exists. With the advancement of technology the internet is advancing further.
Yes you are right that bitcoin is dependent on the availability of the internet however do not disregard the fact that the government can easily cut off all our internet and even ban certain websites or applications no matter how widely used they are all around the world.

Just take China for example they were able to censor different kinds of content using their firewall. Facebook, Instagram, even Gmail are some of the biggest used platforms in the world but is banned in China. Of course I am sure there are plenty ways to slip through its security but I am sure that no one will appreciate extra steps just to do access something. Not to mention the possibility of the government finding out.
Government can't block bitcoins blockchain, government can block binance or any exchange to exist in that nation, meaning that you will only have p2p, or foreign websites that you have to trust. However, in that situation there were plenty of years we had and yet nobody really cared, we figured out a way, we did it with paypal or something and still moved on.

I think it's clear that nations realized that taxing it instead of banning it would be a better thing. That's what a lot of states are doing at USA right now regarding even weed, if 50+ years of spending tens of billions of dollars failed to stop it, might as well make it FDA approved and legal to tax so there would be benefits for the public at the very least of it.
8  Economy / Gambling discussion / Re: Are online/crypto casinos the most profitable digital business? on: May 28, 2024, 04:24:42 PM
Casinos make money, especially in economically depressed places. They generate tourists, jobs, and tax revenue for public services. This business model guarantees the house wins. Gambling is an issue. Everyone has heard of people losing their clothing, houses, and families. Most gamblers should enjoy themselves, not become professionals. A clever gambler recognizes the odds and plays for fun, not profit

Working in a casino? Yes, it's a legitimate job. Not everyone likes it. A fast-paced, long-hours atmosphere shows the best and worst of human nature. You handle people's dreams, hopes, and misery. A heavy show. Interesting: locations where gambling is outlawed or culturally taboo have fewer drawbacks. Social values matter as much as law
You are right, and according to this statement, unfortunately, most gamblers are not clever because you will barely find a lot of gamblers who are willing to understand that the odds are stacked against them and they should gamble for fun and not for profits, and those who don't understand this and go for profits will need to face negative consequences for their actions.

A clever gambler will always gamble responsibly, they will decide a time and a budget for their gambling activities and they will stick to it. They won't get greedy when they are winning, and they won't try to recover their losses when they are losing which makes them save a lot of money that they can possibly lose if they don't do these things.
9  Economy / Gambling discussion / Re: Does addicted gamblers only lose money all the time on: May 28, 2024, 09:00:52 AM
Of course not. Those who are addicted to gambling can also win. But we don't know when they will win or lose. It happens to us and other people too. 

No one knows who will win in the next round. We also don't know when we will win or lose. Those who are addicted to gambling will find it difficult to control themselves when gambling.

They are the ones who can experience more losses than other people. Experiencing a gambling addiction makes it difficult for them to stop. There is a possibility that they will experience more defeats than other people.
That's what gambling all about. About taking a risk but unlike other risky activities, gambling can be said to as unfair. Therefore it is important to only use money that we can afford to lose. Not only that it makes us lose less if in case we are unlucky, it can also prevent us from getting addicted in gambling easily.

No and honestly most of the time it's because someone gambles a lot and wins which makes ypu more addicted.  So I'd like to think winning a ton increasing your odds of becoming addicted.  Amd when you lose all the time that's what will cure your addiction because either you run out of money amd you have to face your addiction or you just get tired of losing.
They can win but the thing is that they still lose it, so I guess that doesn't differ too much to those who are plain losers. Both have regrets but the other has more of it. Facing an addiction can also mean that we will just continue with the flow and this makes us to not feel bad anymore. If there is tired of losing, I think there is also tired of winning. They think they have enough money, so they will rest for a while and spend it first.
10  Alternate cryptocurrencies / Altcoin Discussion / Re: Will altcoins ever cheap again? on: May 28, 2024, 06:53:03 AM
No it's not growing super faster. That's so exaggerated, and if it's true then we are at $100k now but nah. We are still stuck at the $60k glory. I still appreciate the recovery made of BTC these past months. There are alts who also made an increase along with BTC but I think many of them are still affordable.

BTC halving is a positive event, so it's a bad idea to wait or expect that crypto price will dip during it but it looks like there is a miracle that occurred on this current halving round, since there is no positive effect yet that takes place. They should not waste this moment because I'm sure there are people who will think twice and ended up waiting for another decline again.
11  Economy / Gambling / Re: I would like to place a $1,000,000 bet on: May 27, 2024, 05:54:53 PM
It's a good option to mention the bet/budget in % from the assets. You can spend 1% for one bet which is $10, and someone can spend 1% for one bet which is $1,000,000!
Do you think that the OP is betting 1% of his portfolio and that 1% of the portfolio is  $1,000,000. I do not think this is possible that someone with this amount of money is so dump that he does not know which platform to bet. Also if in real anyone has 1% amount to $1,000,000 , even then he should not be placing bet with 1%. In this case, he can lower his bet to 0.1% or even 0.001%. The point is that at no point you should expose big money to gambling as it can be lost within seconds.
By the way, as mentioned by others too, i highly doubt if OP has that much portfolio.
He doesn't have such a large capital or is that rich. If you look at his post history, you will come to know that he has always been a fan of making all-in bets after starting with a small bankroll, winning a few bets, and then losing all the money after losing a single bet because he doesn't split the money in multiple bets but instead goes for all-in. If he starts from $4,000 and wins $90,000 from it, he goes ahead and makes a bet with the whole $90k next which is insane and not very wise, in my opinion.

A person should be able to limit their bets and split their bankroll in multiple bets so that if they lose one, they can use the remaining balance to try their luck again and they may manage to win at least some of it again but using all of it in a single bit is foolish if you ask me.
12  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: May 27, 2024, 05:26:55 PM
Trabzonspor want to loan Paul Onuachu for another season but Southampton want to sell him. Southampton's asking price is 15 million Euro. Trabzonspor, on the other hand, paid 1.5 million Euro as a loan fee last season, this season they want to pay a little more and loan him out again.
Onuachu was the savior of Trabzonspor this season. He was the best player of the team. Obviously, 15 million Euro is a lot of money in Turkish conditions, but Onuachu deserves this transfer fee. If the economic conditions in the country were not so bad, they would definitely buy him. Now Southampton's decision is awaited. If Trabzonspor can't get him this season, they will have a hard time filling that area and maybe they will have to spend more money on a player they don't know.
29 years old Nigerian striker who done impressive job here at the Trabzonspor which helps them for having third spot into Super League deserve something special but as mentioned they are having no enough funds to give 15 Million Euro to Southampton for keeping him for the long time, but they can give another chance to him for staying here with Southampton is also not heading for the Premier League which is surely needs more intention and funds for having some improvement into their squad which helps them for keeping their spot and performance.

Turkish League is having some improvement but still it's long way for them to have better economic conditions which helps them for having things which they deserve with this all most chances they will not allow him another season here, and we will have him in sell market for having funds.
13  Alternate cryptocurrencies / Altcoin Discussion / Re: Is ETH a commodity now? on: May 27, 2024, 07:46:05 AM
According to the recent SEC filing you all know, ETH is now a commodity - highlight: according to the SEC

Is there still a chance that some other force (e.g. congress) will overthrow SEC's right to make this decision?



Don't worry buddy, congress gave an opposite reaction for the ETH ETF approval. They are now thinking of finishing the crypto regulatory framework as soon as possible because the acceptance of crypto ETF means if public have been also accepting crypto to be a new commodity in our life.
The positive impact will be coming soon. I think cynthia lummis's tweet has been making everything clear. They are not working to the crypto regulations as soon as possible.
What opposite reaction? When they say that ETH is an asset and not a commodity? Not sure if they mean it, I mean maybe they only use that term because each of us has also been using it and we interchanged it sometimes with currency and even a commodity, or whatever term that we can think of.

This shows how versatile cryptos are. With that being said, I think it is not a big deal if whatever term they will be using to ETH or to any other cryptos and I'm sure that both or all of them are still going to be valid. The real one that ETH supporters are going to dislike is if there is someone who will be against the approval of its ETF but luckily there's none Smiley.
14  Economy / Economics / Re: Work From Home or The "Laptop Class" is Immoral or Not? on: May 26, 2024, 03:24:04 PM
When you say immoral I think it is related to religion but I don't think it has to do with it, though yeah that some doesn't like it because they think people can't do really well with it compared when they do it on the traditional environment.

This is not only limited to working on a job but also those who are studying or once going to a real school. For me, I think it only depends. There are some things that are done better on the field, outside, or on a real working environment than from the comfort of our own homes, while some can be done through it with no problems. In the case of Bitcoin, I think almost anything about it are online because BTC itself is also online/digital.
15  Economy / Gambling discussion / Re: What are the limits and common sense of bet? on: May 26, 2024, 12:50:24 PM
      -     The question is, what does making a bet do to a casino gambler? Of course the player's mind in a casino is to win, and when they win they have money that can be withdrawn when it accumulates a large amount.

And it also depends on what type of game in the casino and usually it is sports games, poker and others where someone often gets a jackpot prize in casino gambling. Right?
Or maybe they are able to bet because it gives them full satisfaction.
If they are not sport, they will always think of that. They gamble knowing that they can lose and when they do, it is still hard for them to accept it. When they win they are not also contented with a small amount even though it is already possible to withdraw it and this is why they will only end up with nothing instead.

Those who are always seeking for a win are indeed playing those games but there is no such thing as jackpot on them. In poker there are tournaments which let you earn bigger than usual. Jackpots are usually in slot games, bingo and lottery. Gambling is created to entertain the people, therefore yes that it gives the player a satisfaction.
16  Economy / Gambling discussion / Re: Lunatic gamblers who says Airdrop rewards are free funds. on: May 26, 2024, 11:25:52 AM
Everyone is entitled to there opinion, and can decide to do whatever with there money. We all know some tasks were met up before they got the rewards from the Airdrop but that doesn't mean they should invest it or not gamble with the money.

You need to focus on you. I can't suggest for them, if they choose to risk it and loss it there business, every action has corresponding reaction and consequences either good or bad.
Yes, most airdrops nowadays are like that, in which you need to exert some efforts first. Not like in the past that you will only need to fill in your wallet address in the text field and wait for your free coins to get delivered. Many airdrops now are even paid or not free.

If this is the one that those gamblers did, then they shouldn't say that the airdropped coins that they get are a kind of free fund. After all, it was still their money as you said, so it is up to them if they will use this for investing on another coin or they will use it as a capital to play gambling in a casino. Don't say that you can't suggest for them because what you said earlier, seems to be a kind of suggestion already.
17  Bitcoin / Bitcoin Discussion / Re: Bitcoin Bullish period and advantage. on: May 26, 2024, 10:46:23 AM
If you are an investor or trade you will always grab the opportunity when the market dumps but of course with the proper execution of the signals and analysis not all the time dip is already the bottom sometimes there's a follow-up on it so position where to buy is a must. Also if you are looking forward to the long-term goal of the bitcoin you can now make at least not the dip but also take the ride with the market hype and volatility and take profit once it gets satisfied with your unrealized pnl.
Buying at the dip is the best but now that DCA is gaining a popularity in investing, many people don't wait for it to happen before they start buying. I think the same goes with the traders because the goal of trading is to take advantage of the volatility and here in crypto, there are now tons of coins and traders can always seek for the ones that are volatile if the other is currently experiencing a stability.

Buying at the dip is already an example of proper execution and we already did analysis for us to know that it will occur but we must also make another analysis and that is to know if the coin is legit or not, and if it has a good potential or nah.
18  Economy / Gambling discussion / Re: FIFA World Cup 2026 :Canada/Mexico/United States: Discussion Thread on: May 25, 2024, 06:55:23 PM
I agree with you. Becoming Brazil coach will provide a new challenge for Ancelotti but as you said I think Ancelotti is too old to build a team again. Currently Brazil is in decline and it will take years for Ancelotti to rebuild the national team.

I hope Ancelotti will be like Klopp where he will retire with Real Madrid. It would be an incredible historical moment for Madrid fans. Ancelotti has given his best to Real Madrid. I can't imagine if he retired at another club. I am sure Ancelotti will get the highest respect from Real Madrid. Hopefully there will be no conflict between Don Carlo and club officials.
Ancelotti was actually linked with Brazil job quite much in the past. However his extending his contract with Real Madrid ended the discussions. Currently his contract there expires 2 years later. After that maybe he might want to look for some new adventures. But it is really hard to be confident about it. I agree.

He is in his 30th year of his manager career. Considering he had a 13-year player career before also, it is a huge time period of business life.

He is an incredible manager otherwise but I think he will end his career without managing a national team.  Smiley
His career as coach is surely one of the best with having too many titles and things which are proud able as coach of any club here as many times we already discussed mostly are feeling this is just rumour as Brazil wants him to be coach of their national team with things are not ideal for him so he extended his contract at the Real Madrid where he is doing historic job and now near the another double in just three years with his national team coaching experience is nothing which is surely problem for him because having a club experience with many achievements can bring problems for him even his mythology and experience is unanimous.

Most chances he is still having few years, but his age is now at the time when peoples love to enjoy their retired life so hopefully he will be ended his career at Real Madrid.
19  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: May 25, 2024, 05:44:54 PM
Terminating his contract with Xavi is a good thing for Barcelona, because seeing the team this season unable to compete in La Liga or the Champions League is unreasonable.
considering that this team has many talented players and stars,
but Xavi has not been able to give his best for Barcelona,
It is natural that Barcelona management fired Xavi because they needed a coach who could compete with city rivals Real Madrid.

After Barcelona fired Xavi they managed to reach an agreement with Flick, now Flick has officially become Barcelona coach to start next season,
The coach of German descent who once brought Munich to the championship and once silenced Barcelona 8-2 is something that Barcelona cannot forget. With the good achievements achieved by Flick, now Barcelona will make Flick the leader of their team to bring back the era of Barcelona.
Everyone is having his own view about these changes with sacking of Xavi Hernandez is going to be worst for the troubling Barcelona because he was doing good job with limited sources and trying to have his best which was surely good for the Barcelona but Laporta which is having reputation of having bad decisions which bring this club in trouble again done another blunder with now they could be face consequences as well which could be hurt them badly in coming seasons.

Barcelona done good job and end their season with good results even they were not good against Real Madrid but still things were going good due to injuries and not having quality players with they are not able to buy good players from market due to having financial issues now how Flick will be manage this all it's going to be challenging for him with things could be more competitive in coming season.
20  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: May 25, 2024, 02:50:56 PM
Now the final is going to be played between SRH and KKR. I think KKR is going to have the upper hand. They have played really well throughout this IPL. All the players that they are also in good form right now. I have a feeling that KKR might actually take the trophy.
I also think that KKR will win the trophy of this season. Betting site has given same odds for both teams. But I will consider KKR as favourite team. SRH will win the match if their batsmen can set a bit target by batting first. KKR bowling was too good against them in the first qualifier match. The playoff matches weren't competitive at all. The target was average. I hope the final will be a high scoring match and competitive.
Both teams are equally strong. This is really good to see as the teams on the top order of points table have reached the finals. There is a big hope that RCB will reach the finals. For some reason they weren't able to make it. When it comes to Rajasthan Royals they were good at the beginning and the performance seems bad at the end of the season and now they've gone out of the league. In the last seven matches they've just won the previous match against RCB.
There is no doubt in this season throughout we are having top quality and performance from the KKR and SRH which are now heading for the final of this season with things are clearly favourable for the KKR but still SRH is not easy team to play while their batting and bowling both are having depth which is helping them for having good results against all opponents.

Abhishek Sharma and Nitish Kumar Reddy are players to watch for them in coming final with Shahbaz Ahmad doing impressive performance with bat and ball KKR is also having complete package with Sunil Narain is also having good season, and he could be player of the tournament which is he also deserving due to his contribution with bat and ball right now things are looking interesting while we are having good competitive sides for the final.
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