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941  Economy / Trading Discussion / Re: Reasons why the 95% of future traders lose all of their money on: December 03, 2022, 03:39:02 PM
Everyone do their best to win with all trades that they do.

But being invested to your emotion is going to make you lose even more. That's not a good thing as a trader because you're going to overthink and that emotion you're feeling will make you want to be perfect with those trades that you do.

And you have to remember that no one's perfect even done with some strategies, it's just not enough and there will be days that you can't win against the market.
Emotions and lack of knowledge are the top reason why many traders still suffer from a big losses and I see that as a normal scenario for every trader. We can be good sometimes with our few trades but remember, this is a risky way of making money so we can’t guarantee any profit. Expect for the worst when you trade carelessly but if you do it properly with good strategy, then you can be more profitable. Being a trader is not an easy job, do your best always to find the best entry and don’t focus with your emotion.
When you do something that you don't know of, you can't expect to be productive with it and that's why lack of knowledge is one of major reason.

Trading carelessly without any plans of learning from it is throwing money to the exchange and you expect nothing in return. But if you have plans of doing yourself a favor and you want to learn with the futures, you'll do something about it.
While this is true and we have examples of this almost every day in the forum when there is a bull market, this does not mean that it is easy to understand as it makes no sense, if a person tried to practice law without the necessary knowledge everyone would think that such a person is wasting their time, and in many cases committing a criminal offense, however when it comes to trading someone can try it without any idea of what they are doing and yet this is considered to be normal and even a profitable strategy.
Learning about the futures needs commitment and determination since it's too broad and there will be confusing things that you need to understand. You have to be sure that you like doing it and that you are willing to face the risks. Futures is different from the basic trading that we know so we can't apply the basic stragies that we know about it. If we'll do it without complete knowledge, it's like we're fighting a battle without complete gear.
942  Economy / Economics / Re: Notable people on current and upcoming economic issues - should we be worried? on: December 03, 2022, 02:57:13 PM
We already know the capability of crypto to rise and fall and to survive even during an economic crisis so I guess it's better not to fear their warnings but rather be optimistic and think of more ways on how we could invest more in crypto in the preparation of the possible recession period in the future. Anything could happen and get worse so we have to face them boldly since we can't control all these crises. This will test how we trust the market.
943  Economy / Gambling discussion / Re: What would be an ideal KYC solution? on: December 03, 2022, 02:24:18 PM
Each casino has to run their rules and the users have to deal with it. It's either they will take it or leave it. In some instances, players just complay with the KYC to continue playing on the site. As long as the site has a good reputation, I don't think KYC should be feared. I'm sure that they will never ruin their reputation by leaking their player's personal details. KYC is getting mandatory nowadays and we should just have to deal with it.
944  Economy / Gambling discussion / Re: Boxing: Errol Spence vs Keith Thurman on: December 03, 2022, 01:38:01 PM
How many weeks have already passed with no new information? After being denied his chance a few years back, does Spence really not want to defend against Thurman?

When Crawford is finished dealing with Avanesyan, Spence will also be available. Spence must therefore need to pick a fight. He doesn't give updates to his fans and media on what will happen next. Will he stay or will he advance to another division? He is starting to irritate people. 

If he choose that direction then Thurman will take his belt, a mandatory fight that being call by the association so Spence needs to comply with this mandaotry fight to defend and possible keep the belt, If he will let Thurman take this belt then it will be an interesting event that possibly brings Thurman in a talk against Crawford.

I like also that possibility, I like to see how Thurman will chase Crawford's belt though it will be a tough fight as Crawford is more on defensive strategy a hard one to penetrate and land a solid combination.

Spence would be out of his mind if he will let that happen, giving his hard-earned belts to Thurman is not gonna happen, Thurman needs to earn that by beating Spence. And yes, of course, if Thurman will be the new title holder, things will be easier for Crawford to convince Thurman as the latter is not afraid to fight anyone, that's in his DNA.

Spence was making sure that he will remain a champion and undefeated, so he will not be stupid to just lose his belt easily. Thurman is not an easy opponent, so I'm pretty sure that Spence is happy with his opponent as a win will make big news. People will always compare, if both Spence and Crawford win, people will appreciate Spence because of his tough opponent.

I don't know, but I have a feeling that this is the toughest fight of Spence.
Spence will surely do everything to defend his title. Thurman isn't an easy opponent so there's a huge possibility that he could take the title from him so he must be careful. If he'll face Thurman, he better make sure that he'll hardly defend his hard-earned title, or else his hard work will be put on nothing. I don't think Spence needs to make noise anymore because he has proven a lot already.
945  Economy / Gambling discussion / Re: under-age gamblers on: December 03, 2022, 11:43:22 AM
It really has a huge impact on a child's mental development and growth and might also result in gambling addiction. They have their own reasons why they gamble either because of peer influence or having the hope of taking home a huge reward for their family. Whatever the reasons are, the authorities might still take action on this. They must focus on the welfare of the younger generation.
946  Alternate cryptocurrencies / Altcoin Discussion / Re: Careful where you connect your wallet on: December 02, 2022, 09:42:24 PM
I've tried using Metamask before and found out that as you can easily link and connect it to other websites, the easier you'll also get hacked by phishing sites so you must think before you click and be observant as you will be targeted by scammers and hackers so as much as possible, store your funds in a more secured personal wallet. It's better to be skeptical than to lose all your funds.
947  Economy / Trading Discussion / Re: What to do when trading gives you heart problem. on: December 02, 2022, 09:24:08 PM
We know that the market is dynamic,as in it changes constantly,and as such,an investor who isn't careful enough to know when he is investing will fall in to heart problems or emotional trauma as a result of a massive fall in value,that is why it is important to condition your mind in a way that you won't get heart failure when you are at the loosing end.
Every investor knows there is risk in the game,and taking the risk is what shows you are ready to eradicate poverty from your life.

Trading is a roller coaster-like ride of emotions so it will surely affect you emotionally and physically and if you are not ready for it, you might fail. If your health is being affected by your journey, you better stop for a while and focus on your health. It's fine to rest because you can come back any time. Maybe you're too eager to make a profit and already disregarding the risks. Health is more important than money.
948  Economy / Trading Discussion / Re: Why everybody is panicking ? Its a game of greed and fear ! on: December 02, 2022, 08:41:54 PM
The market has been through this kind of situation so I wonder why there are still people who can't deal with it. They still fear it instead of celebrating because they could purchase potential coins at a lower price which is a good preparation so when the market recovers, they will gain huge profits. It's the perfect application of buy low and selling high.
949  Economy / Gambling discussion / Re: recommendation for gambling platform on: December 02, 2022, 06:54:22 PM
Always check on the site's reputation and good trust rate so you'll receive the service that you deserve. There are plenty of casinos nowadays and some of them are honestly scams so you better be careful. One casino site that I could recommend is Duelbits which I have been playing with for over two years. They provide promising services and make sure to maintain their good record and high reputation.
950  Economy / Trading Discussion / Re: Why does everyone want to trade? on: December 01, 2022, 04:19:21 PM
It seems to me that many simply mistakenly believe that trading is very simple and can bring profit without much effort. But in fact, to make money in this industry, you need to study a lot. When I started working with a broker from Amarkets, I paid enough attention to working on a demo account.
Those who think that trading is very easy and that anyone can make money by trading in a new platform, those who do it, this is not a wrong idea. If you want to make a profit by trading, you must have an idea about the trap and keep an eye on the market when the price of a coin increases.  You have to keep an eye on it and trade after that. I think trading is not as easy as people think.
Most people think it's a trivial thing, but if you don't have the experience that comes from those mistakes it will be difficult for anyone to thrive in trading. The basic thing that needs to be done is to learn about trading wisely, you don't need to make hasty decisions and you have to know the latest information about the coin being traded, these are absolute things that a beginner should have in trading.

Those who fall into trading without having enough knowledge about it are those people who have seen or heard stories about successful traders to gained huge profits from it which made them believe that trading is a shortcut to success. We all know that having the wrong mindset toward trading will surely end up in greed which could result in losses in the future. Trading is a broad thing and it's a never-ending learning process so doing it without complete knowledge will be financial torture.
951  Local / Pilipinas / Re: 24 hours challenge bitcoin use only sa boracay. on: December 01, 2022, 03:23:05 PM
Siguro ma execute lang talaga yung ibang options if magtatagumpay na ma full implement na talaga ang bitcoin sa boracay since for sure maraming turista ang gagamit ng iba't-ibang wallet at for sure yung ibang local naman ay ma curious na subukan din ito. Pero matagal pa siguro tong mangyari talaga since si pouch naman din kasi ang nag execute nito for sure sila lang din ang main na makikinabang since sila ang kikilalanin ng merchants na platform preferred nila. Kailangan talaga ng pouch ng malaking pera dito para sa marketing dahil kung di sila maglalabas ng pundo hindi ganun kabilis ang adoption na mangyayari.
Antay pa tayo ng mga ilang buwan at sigurado may updates yan at mas marami pang magagandang mangyayari. Ang maganda diyan, hindi lang turista kundi mismong mga kababayan natin ang makikinabang.

Galing nga eh in short time span implementing it sa boracay madaming merchants na ang tumatanggap nito base sa sinabi sa vlog at kung more good marketing strategy pa ang gagawin ni pouch dyan for sure mapaparami pa nila ito at malamang kapag maraming dayuhan ang makakaalam nito ay posibleng  positive ang result nito sa tourist revenue at saka pag widen up pa ng adoption sa bansa natin kaya sana walang malaking issue ang humadlang dito para tuloy-tuloy parin ang paglago nito sa tulong ni pouch.
Nakakaamaze dahil possible pala na ang isang isla lalo na at sikat tulad ng Boracay ay maadopt ang Bitcoin which is convenient lalo na at maraming foreign tourist na dumadayo sa atin na sigurado ay Bitcoin users din ang ilan. Possible yun nga lang hindi pa natin maeexpect na magswitch lahat lalo na ang mga simple nating kababayan sa Bitcoin dahil na rin sa kakulangan sa knowledge tungkol dito kaya pinangungunahan pa rin sila ng takot. Pero maghintay lang tayo ng konting panahon, sigurado at marami na rin ang magiging interesado dito.
952  Economy / Economics / Re: How much longer until paper money is no longer in circulation? on: December 01, 2022, 02:45:58 PM
Paper money is going nowhere because it has its advantages which people like to taka advantage of for example there are certain businesses that just want to be paid by it and leave no money trails for various reasons . And knowing some people who are paranoid about money safety and choose to use hard cash over digital platforms to avoid been hacked, identity theft, phished etc, unfortunately paper money is going nowhere !
It is very difficult to predict when paper money will stop circulating, in all countries paper money is the source of official purchases for purchasing products and services.

Paper money is clearly not going anywhere, it will still live in its functional dimension, the hegemony of paper money will continue to be maintained by the state for its survival, and there will be no restrictions on the circulation of paper money in society, even though we are aware that the impact of inflation and recession is directly related to paper money and is unable to preserve the value of the currency in the future.
Paper money is also the top choice of most people especially those who don't want to adopt change and prefer using the traditional way of transacting. Some advanced areas are now switching to digital money because of the convenience and faster transactions but it will not work in areas without internet sources which still exist during this era. I believe that the circulation of paper money would still run continuously even with the presence of digital money.
953  Economy / Gambling discussion / Re: Is Roshtein fake money streamer or not? on: December 01, 2022, 01:12:11 PM
I don't care if he's use fake money or real money on his stream, what I know is when I want to watch a streamer, I choose the one who very funny, active interaction with the viewers and don't make me bored. It doesn't make sense if I need to know the original source that he got his money, I'm pretty sure if you're rich from investing in Bitcoin and you're live in poor countries, your neighbors will judge you get the money from illegal source right?
I do  the same. We are choosing show and i don`t care what money he use for it. Nothing changes for me as a spectator if it is "fake" money. If the streamer makes high quality content - i watch him.
And i think that it is a bad idea to blame someone without proves.

I certainly agree. Weather they're using real or fake money doesn't really matter to me as long as they're fun to watch. I watch streamers based on their skills and not on the type of money that they use to gamble. For sure there are lots of streamers who are using fake money to gamble just to promote a casino but I don't think that's a big deal because streamers are streaming to make money.
954  Economy / Gambling discussion / Re: The origins of Slot games on: December 01, 2022, 12:18:17 AM
The origins of Slot Games

Slot machines are practically the “furniture” that can be found in any Casino anywhere in the world. Slot games are said to have been invented around 1871 in San Francisco.


The first slot machine ever to make its appearance was designed by a man named Charles Fey, and it was first known as the Liberty Bell. Since then, the device has been further developed over the years, and today we have hundreds of exotic games available to be played in slot machines.

You can learn more about the History of Slot Machines here.

I wonder how the old slot machines worked without electricity...
Is there an origin to when and how slot machines became so boring in real life?

I do not know why, but the aesthetic of slot machines has dropped below a significant level in real life casinos. Nowadays, in Las Vegas, you have to play with buttons and you are not even allowed to play with quarters. They expect you to put your gambling fund upfront. I really liked the old ones with the crank levers and the quarter slots. I understand that pressing a button or putting in quarters will tire your customers out more. So obviously making it harder for them to keep playing at your slot machines all day. I imagine casino owners care more about profit than the gambling experience, so buttons it is... What we really need is a plug and play lever substitute for online gambling for personal home use.  Grin



It will be interesting to know when this transition happened, however, I think another big factor has to do with the maintenance of slot machines, the first slot machines were completely mechanical so I assume they needed a lot of maintenance, like keeping them oiled and replacing parts that showed signs of deterioration and which could affect the payout rate of the slot machine, but since slot machines are now basically just another computer then those costs have been reduced significantly making them even more profitable than in the past.
I think the latest slot machines nowadays are well upgraded where high maintenance wouldn't be necessary. Just like the latest technology, they have surely used the latest specs to make it more accessible. It's just that there are casinos that are always changing their rules. That's why it's now more convenient to play with online slots. The convenience that it could cause actually makes the whole game more exciting.
955  Economy / Gambling discussion / Re: How was your first attempt to play gambling on: November 30, 2022, 08:28:44 PM
I was actually the kind of person who was afraid to gamble before. I don't want to try it because I know for myself that I could possibly fall for it. One day, a friend of mine share his winnings on blackjack. I was hesitant and doubtful at first but also tried it without any idea how the game works but later on understand everything. That was the first day where I also experience my greatest win as well as my first heartache because of losing.
956  Economy / Gambling discussion / Re: My Unconventional Betting Strategy on: November 30, 2022, 06:03:19 PM
That's a good strategy because it's fun to play and win with friends but I could say that it isn't reliable all the time. It's a good thing that you'll have all the means and capital to bet but it won't disregard the fact that you can still lose a lot. Gambling will be more addictive if you play it with your friends especially if you're getting good results in the beginning. You might not notice it this early but you'll see its long-term effect in the future.
957  Alternate cryptocurrencies / Altcoin Discussion / Re: Bad beginning for crypto beginners. on: November 27, 2022, 03:07:57 PM
Most crypto beginners starts their journey in a wrong way by not considering crypto education as the first investment to go after. ..

As a rule, beginners know about the cryptocurrency market only that here you can increase your deposit tens or even hundreds of times. This is what makes them miss such an important stage as training. They are afraid that they will not have time to earn, and thinking that there is nothing easier than to buy cheap and sell expensive. In this case, they will definitely return to training when they lose their first deposit.

Most beginners fail because of the wrong mindset of seeing cryptocurrency investment as a shortcut to getting rich not considering all the risks as well as the time and patience that they also have to invest. Cryptocurrency is too broad and what we hear or read online convinced us to invest isn't enough, especially the stories and testimonies of investors who succeeded in it. It's a rollercoaster-like ride of emotions because of the volatility of the market. Beginners should understand that there are still lots of things that they have to learn and to deal with for them to succeed in this journey.
958  Economy / Speculation / Re: Elon Musk says the price of BTC will rise on: November 27, 2022, 11:35:04 AM
A few days ago, Elon Musk responded to a friend's tweet saying that the price of BTC may increase by the end of winter.  He also asked everyone to be patient.  It means that the future of BTCL is very bright and its price will increase.  We are all waiting for this winter to end and for the market to return to its previous form.  InshaAllah the price of BTC and digital currency will return to the previous room thanks
It may not grow by the end of winter. There are only 2 options: either yes or no.
But I would not take Elon's words seriously, because he is not a seer and can't know what and when will happen to bitcoin. Like any person on earth. These are just his guesses and forecasts, containing no informative value. Ignore those tweets.
With or without Elon's statements, the market will still recover and would reach a good price, especially Bitcoin. No one either Elon Musk knows when the market recovery would happen but it will take time before it approaches since we're still in the bearish season. I guess when the global economy gets better, the market would be in a good phase as well. We all know that Elon always wants to be influential even in the crypto space so he'll always use his platform to release statements about crypto.
959  Economy / Trading Discussion / Re: Im looking For good signals channels on: November 27, 2022, 10:53:25 AM
I dont need your advice how dangerous those channels or groups are i know myself just Im looking For good pmpp channels.
Sorry but the majority here considered signal groups and channels as crappy groups.
Since you don't welcome the advice of others about how risky these groups are, then maybe you are in the wrong place to ask that question.
Go on some shillers group and ask questions there. That kind of group doesn't have a good reputation here.

These kind of groups should have bad reputation everywhere and not just they forum, they're just scam and not worth recommending to anyone, I haven't seen anyone that comes out openly to praise this groups of been very profitable for them in a long run
All I see online are just paid testimony from newbies or just those of the group creators with referral links looking for those that'll fall for their scams. Nobody can predict the market accurately so why trust someone that says he can.
All they just do is to pump a specific coin for a very short period just to dump it on others. The latecomers are always the ones that buy the pump coins and even though you are always among the early buyers, you can't be that lucky always, and when you become a victim, you might even lose all your profit and capital this group should be avoided.


I also noticed the same thing. If a signal group would be popular with their accurate speculations then legit subscribers will testify for them and they will be known and recommended for their crypto signals but none of those groups could last long. They're just being hyped by fake accounts just to attract more subscribers for them to earn more money. If you want to know how the market moves, you better learn ways to predict how the market moves than relying on trading channels. You will just waste your money on them.
960  Alternate cryptocurrencies / Altcoin Discussion / Re: Can Solana rise again? on: November 27, 2022, 06:45:30 AM
The FTX issue has affected Solana real bad but I'm sure that things will still get better for it especially when the market goes into its recovery phase. Solana has built a good foundation already so it wouldn't crash continuously that easily. There will be investors who will doubt and would feel hesitant but I'm sure that it still has a huge potential to rise again. We only have to wait until the market recovers.
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