I do not think that I have encountered the term "revenge trading" but it somehow implies that a person would trade due to their frustration on incurring their losses. Personally, I find this method really risky as you are basing it almost purely on one's emotional drive on the reason they would trade again.


I do think that there is a factor of emotional drive that compels them to trade again. The problem is that most traders gamble their funds large-scale. They trade large amounts of resources and they hope of recovering such losses by trading again. This potentially can impair their judgement especially if they tend to lose more in the process.


My number one advice is to always clear your head and move on. Once you experience a loss on your trade, consider it as a normal occurrence. Remember that trading by itself is a risky venture where no profit is absolute to realize. Learn from your experience as this differentiates a newbie trader from an experienced one.

This depends on the goal of that person. Generally, people would HODL since they see the advantage and the value of BTC skyrocketing in the future. Though there are also some cases where people HODL due to the majority trend of most people in this space. But realistically speaking, people HODL due to that hope and possibility of making large amounts of profit in the end.


Maybe some people are not accustomed to the buy/sell aspect but again, it all boils down to the personal preference of these people. Buying and selling may seem rather inconvenient especially if the difference in the price is somehow minimal.


Personally, the major reason on why I HODL is due to the possibility of the price of BTC skyrocketing. My best basis and example is its price history index. The fact that it reached an ATH of $60,000 last year means that there is that possibility of reaching that price again in the market.

Personally, it is somehow of a deal-breaker for me that the gambling website should contain an ANN thread or at least an active gambling thread in this forum. Not only does it bolster its reputation but it also gives me a sense of security that their customer service representative would be able to reach out as soon as possible in the event of a problem.

In addition, you might also want to check online gambling websites that contain an active signature campaign in this forum. The fact that they can run a prestigious campaign means that they have a steady fund allotted for such. This means that they are somehow serious in making their website for long-term for its users.

I definitely agree with your statement. There is this hope that people think about the return of profit in lower odds. The tendency is that they would most likely stake more money as the odds get lower, thereby increasing their risks further from losing on the end.

At the end of the day, gambling is something that cannot guarantee any absolute result. It is a double-edged sword where a person may win/loss at any given moment. No matter what the odds may be, there will always be that chance of them losing. But in the spirit of being careful, the gambler has the power to at least lessen/reduce the risks of losing at the end of the gambling cycle.

Totoo to bro isa talaga itong ponzi scheme. Unfortunately, madaling ma convince mga pinoy dito kasi madami din streamers ang nag propromote nito sa kanilang page. Pero kung titignan mo nga yung business model niya, napakalaking chance talaga na magkaroon ng rug and pull after makakuha yung devs ng sapat na funds nito.

Since unlicensed din sila and si SEC ay nag bigay na ng warning about dito, siguro yun na yung time na nag shut down sila. Pero to be honest, ito rin yung mga tipong mas lalong mag fefeed ng stigma ng mga tao para sabihin nilang scam ang cryptocurrency.

I hope maging lesson ito sa lahat ng tao na wag basta basta mag titiwala sa mga ganitong klaseng projects. Ang rule ko lagi is that if the project is too good to be true, then most likely scam ito.

Hey, I understand that you do want to support mass adoption of BTC but I think it is going to be significantly unfair for your child to be named as "bitcoin."

If you want to pursue such mass adoption, do it in a way that it will not affect anyone (especially your own child) personally. By naming your child as bitcoin, this does not guarantee mass adoption, though this will definitely guarantee exposure as lots of people and even news anchors would advertise him.

Again, this is definitely not a good idea by any means as there are other options available in order for your dream to materialize.

I do agree with your statement. I mean, winning the lottery is considered to be a once in a lifetime opportunity where the odds are so low that it is impossible for one to win during his/her lifetime. I mean, if you literally won the lottery, it is just like you won in life. But with this kind of money bears with the responsibility of handling your financials. I remember watching a video where majority of the previous lottery winners succumbed to addiction and gambling, thereby losing all of their money in the process.

Just a quick question for everybody- assuming that you won the lottery, would you guys opt to take the winnings via lumpsum or a one-time bigtime single cash out of the prize?

Have you guys been watching the Tata Steel Chess Tournament 2023? Yesterday, Magnus Carlsen has lost a game of classical chess (which is vey rare as he usually draws games with the black pieces) against Anish Giri. Anish has been playing outstanding in this tournament, even defeating Gukesh in which I consider one of his immortal games when he sacrificed majority of his pieces to have an attack.

What do you guys think of this tournament? Will Magnus be able to reach that coveted 2900 rating anytime soon or is it something that is impossible to obtain given the current rankings and standings of the players?

As someone who lives in a third-world country where every penny counts, having a side job/business is considered both an opportunity and a privilege. As soon as you earn your own money on the sideline, you would realize the importance of money as you progress to your daily tasks.

I remember back in college, I was struggling to purchase my own books. I wanted to ask my father (single dad with 4 children) for money but I know that the priority was catered towards my younger siblings. Fortunately, I came across this forum due to my old friend recommending me to try it out.

Fast forward to five (5) years from now, I have joined various and multiple campaign signatures and definitely helped me financially in purchasing my own educational materials. I guess without the convenience of working online, I would not have a relatively easier time compared if I did not learn about this forum and the opportunities it introduced.

This is definitely true! The quality, the lights, the atmosphere and the overall aesthetic is just simply sublime with these computer-generated AI images. Imagine, since these were created in just one website, the potential of businesses using this as their promotional pictures/videos would definitely entice people to spark their curiosity on checking out cryptocurrencies.

There is one downside, however, that these computer-generated AI images extend not only to Bitcoin but also to real-life images as well. I remember that this website https://this-person-does-not-exist.com/en generates thousands of new faces that are currently being used by some ANN threads on their team member page.

Unfortunately, napakadaming pinoy scammers ang nagkakalat ngayon. Even outside the cryptocurrency sphere, ang daming mga Filipinos who take advantage of the online set-up in order to get a quick buck. Not to mention, with the creation of new blockchain projects, mas lalong lumalala yung stigma especially if gawa ito ng isang Filipino.

Though some might argue din naman na involve din ang foreigners dito, pero mga ganito kase na bagay mas lalong nagiging prominent sa bansa. I remember ang daming blockchain projects that were created tapos nagiging invest-to-play sila. Tapos after a year or even less a year of operations, biglang mag pupull-out na sila.

I do hope na medyo mabawasan ang bias ng mga tao tingin dito pero napakatinding trust ang kailanga ma-establish para mabago ang pananaw ng mga tao dito.

Well this is true but to a certain extent depending on the amount that is lost on the process.

For example, a gambler may prioritize having fun as the main goal but he/she still may incur huge amounts of losses. Obviously, in that case, keeping your emotions in check may be somehow and relatively difficult. Though I do agree that if your main goal is to have fun, then the amount gambled should not be an issue. If this is the intention of the gambler, then he/she must gamble using limited or at least a small amount in the games.

If they were to do this, then they are potentially losing half of their players and potential users as well.

The reason on why this forum is so essential to online gambling is due to the convenience of customer service. If they refuse to answer any accusations in this forum, then they are basically saying that we should adhere to their own rules. The reason on why this platform works is because other forum members are welcome to enter the discussion and others may also share/contribute in order to resolve the problem.

Basically, it is like they are putting themselves at risk of losing their trust if they have such disclaimer. Heck, I would not even attempt to gamble at their website in the event I saw such disclaimer.

I definitely agree with your statement.

On top of that, sila din yung mga tao na nag iinvest tapos hindi nila iniintindi kung ano talaga ang BTC. Tapos kung bumaba naman yung presyo after nila mag invest, sila din yung mag iingay and mag sprespread ng fake news na scam ito. Problema din kasi sa mga Filipinos is that madali tayo ma convince na mag invest sa isang bagay. Dapat talaga may responsibilidad tayong pag-aralan kung ano man itong pinag-iinvest natin para maiwasan talaga yung mga ganitong pangyayare.

Pero hindi na rin siguro maiiwasan na magkaroon ng doubts ang mga tao given na ang cryptocurrency ay highly volatile.

Agree ako sa sinabi mo but I have some reservations.

Though medyo napakahina pa ang securidad ng ating government systems at baka ito rin ang mag dulot ng identity theft, I think this is a step towards a right direction sa pag-implement ng ganito. Alam naman natin na napakabagal ng bansa pag dating sa mga ganitong advancements kaya welcome sa akin ang ganitong klaseng securidad.

I remember kasi na ang daming kumakalat ngayon na fake sellers thru online transactions. May kaibigan ako na na-scam after niyang bumili ng isang laptop sa isang FB Page (more than 10k likes) after niya mag send ng payment thru GCash.

I think its simplicity also contributes on why this is considered the best forum. Not to mention, Satoshi created this forum primarily for the discussion of BTC and other cryptocurrencies. There are even lots of users online in this forum and you can also discuss various business opportunities and trades among the threads.

But if I were to commend, it is the leadership of the moderators that definitely contribute to the success of this forum. Forum moderators and some members helped in creating this forum as the biggest cryptocurrency website. Though there may be scammers and hackers, most members have helped towards contributing overall.

One of my keys to success is always the price history index of BTC. The fact that it started from nothing and it slowly gained traction in the coming years is one solid basis for me to HODL my coins long-term. In addition, there has been a trend that every fork/halving, the price of BTC increases. I guess those are enough proof and basis for me to rely on to keep continue in HODLing my coins.

Lastly, the price of BTC at the last quarter of 2022 was around $6500. Currently, the price sits comfortably around +$7000 which guaranteed a profit to most BTC HODLers who bought BTC during that time.

I guess this works sometimes but not most of the time? This kind of betting falls on a specific kind of team that you are rooting for. Since a person is betting against the public, he/she is somehow not considering other factors and facts that may lessen the risk of losing.

An example can be seen in sports betting where a person will bet on his favorite team, rather than betting on a team that is much superior in terms of its winning rate, stats, shooters, etc. Though this kind of betting is particularly fun, it is somehow more risky on your end.

I think it has something to do with their business model. Remember that casinos are businesses and designed in order for the owner to profit/earn money from it. That is also the reason on why there are house edges available to be able to at least gain some advantage and not absolutely be destroyed by the risks.

Unfortunately, lots of casinos nowadays have started to protest against their own customers whereby some winnings were  considered void. I guess one factor could be its very nature where these people can easily get away by claiming that their machine "malfunctioned."

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