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401  Economy / Gambling discussion / Re: Don’t play gambling with drugs or in half sleep on: February 22, 2024, 07:42:32 AM
Wow, your friend will certainly be walking down a path where the result will be very bad. Gambling addiction is mostly accepted by anyone, but with drug addiction? If you are a friend of that person, what are you doing? I hope you help him to stop what he is doing, but I don't blame you; it's your friend's life, but the thing is, he's making his life miserable. Imagine you are wasting money from gambling and also wasting money on drugs. What is the good part there? none because it means anytime he could suffer a heavy consequence that he will regret for life.

I don't know if this story of yours is true, but if it is, then I think you should stay away from your friend as he is a bad influence, or you could do all you can to help him stop even just the drug addiction because drugs are considered illegal. If you consume too much, then expect that your friend will suffer a health problem.
402  Economy / Economics / Re: Why no info about how serious are USA financial situation now ? on: February 21, 2024, 11:52:23 PM
Lol, if US will collapse, there will be many poor countries have been collapsed because they're not even able to reach 50% of US's GDP. It's really far to expect US will collapse, it won't happen in our generation, so there's no point to discuss.

Palestine might able to collapse because the war isn't stopped yet and Israel is keep hunting the Palestinians.
They won't collapse, they're the number 1 currency that's used in the global market right so how do can someone think that they're going to be collapsing anytime soon, and I think that if there ever is a collapse, they're not going to be gone that quick, they'll probably recover from it like they did back in the Great Depression. Palestine will definitely collapse, the Israelis are killing them and stripping them barely of their lands so they'll definitely going to be gone soon if there's no heroic intervention that will stop the fighting.
True USA is one of the power house country and almost foreign transactions are done through USD basis, so I think this news is lacking information or can be a fake news, I think all countries are experiencing financial crisis that's why many countries are in debt because they can't fully sustain the expenses of the country, including where country I'm residing in, my country has a huge debt in world bank its because the government are not responsible enough to their expenses, in fact you will notice in the news house the president are being in different leisure using the funds of the country, so I think the responsible for the financial crisis of a country is its government and management of the money, corruption and many more. So I will not be surprised if one day my country will be invaded and claimed by another country, and it will be total chaos.
403  Bitcoin / Bitcoin Discussion / Re: How many times we will make the same mistake? - History repeats Again & Again! on: February 21, 2024, 10:54:46 PM
It is not a mistake, some people never see it as worth taking especially if they don't understand. So we don't expect that everyone will consider and take this opportunity because investing is just for risk-takers, many people are just prefer to just simply work. In fact, even though Bitcoin has become too popular now, we still see people ignoring this. It means that not all have interests and we can't force them, even in investing in gold and real estate, only a few have the courage.

 - knowledge and money -- these are the factors why people don't decide to invest.
Well, bitcoin is not for all people, I guess. No matter how popular or loud bitcoin's name, if the person doesn't have a slight idea about what bitcoin is or how you will earn bitcoin, they will never engage in that, or even if they engage in or start investing in bitcoin, if they stamble once, they will quit immediately. That's the common mistake of those beginners in trading, but we can't blame them as it is scary for a newbie to experience losing in their first experience in bitcoin investment. So the practical way is that those newbies should have a guide or even a trainer for them to efficiently invest in bitcoin, but of course it will take some expenses. The only thing that matters is how a newbie in bitcoin can cope with and adopt it; they should be the ones that will make themselves grow in bitcoin in order to earn on it. But if someone has the idea or knowledge of bitcoin but is still missing the opportunity to invest in it, then it's their loss for not taking the risk.
404  Economy / Trading Discussion / Re: Does Technical Analysis Really Work? on: February 21, 2024, 10:14:37 PM
From what I have read from your post, it's about the psychological mindset that is set on the "market psychology" not with your personal or self mind when it comes to disciplining and managing your assets/resources. Mindset is one of the things that you would consider if you ever are interested in being successful in trading.

So you need to understand both stances.
  • Market Psychology
  • Self Psychology

I think there are more technical terms but I can't think of it right now. You really need just to understand how the market would lean or go to and with the self psychology, it would be the controlling of your emotions.

It plays with the technical analysis. It has roles that you need to consider as well.


Market Psychology: What is the way to understand it? Or market psychology can be understood through technical analysis.

In fact I have been lagging behind for the past six months. Trying to understand know it is not possible to learn or master it in such a short time. But of course I need a better way.
The answer is no. Let's put it this way: even experienced and expert traders are still having a hard time doing TA or technical analysis because the market is volatile, so they need a series of analyses and also adding more indicators to the market analysis, and they need to take into consideration the recent movements of a certain currency. In short, doing or coming up with a technical analysis will not be easy either, so you need very consistent learning and also a lot of patience because that's where you will be challenged and may give up through it. But if you are a constant learner, then I think you will come up with a TA that has the potential to earn, but remember that every technical analysis has its margin of error, so your TA should be able to cover that margin of mistakes. Well, anyway, there's no perfect trade; it's up to the trader to decide how good he is or how good his decision-making is.
405  Bitcoin / Bitcoin Discussion / Re: Owner of 8K bitcoin lost in landfill threatens to bankrupt local council on: February 21, 2024, 09:53:22 PM
What drives him is not logic nor reason but rather his insanity and regret. I don't understand how it would be the local council's fault if he trashed his hard drive knowingly. If he were to be granted rights to dive into the landfill and possibly get the hard drive, what are the chances that it's not severely damaged by corrosion and other elements? It's been years, and even the strongest metal, when exposed to the chemicals, moisture, and other such things in the landfill, will corrode or possibly even disintegrate. It's time to give up that 8k bitcoins. This dude is just moved by false hopes.
It seems he has gone crazy because he lost 8k Bitcoins due to his own mistake, becomes very regretful and is even willing to take any action to find the hard disk. It's been years and can the hard disk still be saved if it is in a pile of other rubbish? He lives with a lifetime of regret and becomes very crazy when he can't get it back.

It truly is a story of someone ruining their life by not being able to let go. Instead of moving on with his life he’s going to spend his entire life chasing what could have been. A shame that having all the Bitcoin became a curse to him. If he had just poured all his resources into getting more BTC instead of chasing what he lost he probably would have ended up pretty well off.
But we can't blame him. Imagine a large amount of bitcoin is gone. Added to how much bitcoin value is, you will certainly have that regret in your entire life, and it will keep on bagging you even though you don't want to. But still, it's his fault because if he just tortures anything he has, it could never happen. But what he is doing now is like a desperate move wherein he was ready to dedicate his entire life in order to find that hard drive containing his bitcoins, but do you think it will still be feasible? I think not. I'm sure that hard drive is already crushed a long time ago, so how can he find it? But yeah, maybe the thought has gone through his head, and he still has the hope that he will find it one day. You are right; instead of wasting his time, he should start all over again. If that bitcoin is not destined for him, then so be it. Will that person narrow his life because of that mistake?
406  Economy / Economics / Re: Isn't it all about money? on: February 21, 2024, 03:15:06 PM
Yes, it may be all about money, but remember, it is impossible for you to earn money if you don't have the necessary skills or knowledge. How can you earn money if you don't know how to read? How can you earn money if you don't know how to do simple mathematics? What I'm trying to say is that we all aim to earn money while doing the things we want and need, but some people do their passion while at the same time earning, meaning that no matter what happens, you should invest in your own skills and knowledge first before you can earn efficiently. Remember, a person with a lot on their mind is sometimes the one who's successful in life. 

Don't just invest to earn money; also invest in yourself to make it grow or polish the skills that you need to have in order to earn a good profit or money.
407  Economy / Gambling discussion / Re: Wednesday had been my bad day to gamble. on: February 21, 2024, 12:31:31 PM
I think it's a pure superstition-based belief, wherein because you just experienced something in a specific time, day, or condition, you believe that it will happen throughout that day, specific time, or condition. So because of that effect, it could actually happen, but because you are too obsessed with that belief or mindset, you're disregarding the fact that you are sometimes or more unlucky with that specific day, time, or condition. 

If you ask me if I have those same happenings or beliefs, well yes, when I gamble, I have a set of rituals because I believe that whenever I'm doing it, I'm raising my chances of winning or I will actually win, and because of that, I can't be satisfied or content in my gambling session until I do those rituals. We all have different beliefs in terms of like or in gambling; it's fine to do that or believe in that as long as you're not affecting other people.
408  Economy / Gambling discussion / Re: Do you feel excited while gambling on: February 21, 2024, 09:34:16 AM
Truly, losing in gambling can affect a lot of things to yourself, and what you feel is valid is normal for those who cherish their money. But the thing is, if you feel that way about losing in gambling, then why still continue? I'm not encouraging you to stop playing gambling, but of course be aware of yourself. What if the effect of losing in gambling on you is fatal and you will keep on changing because of that? Maybe give yourself some time where you have a period of time that you will stay away from the stress of gambling.

I personally drastically changed in nature because of gambling, but because I can divert my emotions to something that could calm me, I can keep checking my emotional and mental warfare. Losing in a gamble numerous times could make you more greedy and will affect you badly, so if you notice that you keep on losing, stop it. Don't try to recover it.
409  Economy / Gambling discussion / Re: A famous influencer lost more than $4000 in just 2 minutes. (2) on: February 21, 2024, 05:11:41 AM

Have you experienced this kind of situation wherein you spend huge amount of money and then regret after the loss? Is your reaction the same with that guy on the video?

Was it all done just for content created for his followers?
if he was a gambler who understands gambling, I don't think his reaction should be that bad, maybe a mistake was made but he should have known the risks.
it's possible that the expression he showed was disappointment at what he did that resulted in losing so much money in a short time. Even if it's a gambler who just plays for fun, they haven't gotten the pleasure of playing in just a short time. there was regret.
No, it's not for content only. I know that streamer; he is primarily a streamer for a mobile game, but suddenly he starts streaming his gambling games, and I also saw this video before it was even posted in this forum. You see, losing that kind of money is no joke; losing that kind of money will certainly make you insane, but before he initiates that bet, it feels like he just lets it all out, meaning he risks it all and just waits for the result, but unexpectedly, the result will be his loss. For that streamer, it's not a common story or situation for a gambler; it shows why many gamblers are becoming desperate because they are making a bet or gamble without knowing what the result might be. The thing is, many viewers or netizens are making this a joke without noticing that someone of young age might do what the streamer does. I don't defy gambling; it's just that social media should have censorship when it comes to young people who are using social media.
410  Economy / Trading Discussion / Re: How do you feel about high-profile traders making wrong calls ? on: February 20, 2024, 11:26:58 PM
Well, I think it's normal. Anyone could make a mistake in trading. Qe traders are not perfect, so expect that we could make a mistake, and those experts or big names in trading are not an exception. That's the proof. Even with skills and experience in trading, we can never assure a sure trade in trading. Every trade, even with technical analysis, will have a slight margin of error, and that error could cost you much. Based on your statement, it looks like the trader takes a big risk by predicting the outcome of the bitcoin market, but we never know if they are still safe. Anyway, that's it. Now every trader will know that we are all equal in trading, as we are all vulnerable to losing trades. Anyone could feel the frustration of losing a trade, but we can't be assured because, as far as we want, we need to keep earning in trading despite the losses.
411  Bitcoin / Bitcoin Discussion / Re: Invest in Bitcoin, for long time Holding on: February 20, 2024, 11:00:53 PM
well, it is true that people who hold bitcoin in the short term, will not make huge profits. that's because the price of bitcoin is currently very large, and even an increase of under 10% is still quite small. If you want to wait for profits above 10%, it might take quite a long time.
However, I have also tried this, but because the profits I got were small, I switched to using altcoins for the short term, especially altcoins that have low prices. it would be great if we utilize altcoins while collecting bitcoins. it can be a good investment over a long period of time.
True, many people or investors in crypto currency are very hesitant with altcoins. Well, we do get why, as some altcoins are very dangerous to invest with because they are prone to scams. But with known altcoins, you can utilise short-term trades or holdings because, as you've said, they have a low price, so you can buy bulk and sell them in the right position, but of course proceed with caution and carefulness. I do enjoy doing short-term trades and holdings in altcoins beside bitcoin, as I want my bitcoin holdings to just sit right there and keep on growing, so in order to still have earnings, I sometimes hunt for new altcoins or new coins in the market with the potential of growing. It is risky, yes, but we cannot get anything if we do not risk it. And so far, I can say I can make some profit while waiting for bitcoin's bull run and my assets to grow even more.
412  Economy / Economics / Re: Step up your game before the game steps you down. on: February 20, 2024, 10:32:49 PM
The thing is, I have a belief or saying in this current situation: "If you are content with what you have right now, then you will never get far." What it means is that with the current situation right now, the inflation rate is getting higher, goods and all things in society are becoming more expensive, and if you are just content with what job you have, or in short, you are content with the minimum wage, then you will only limit yourself to what you can have. So as long as you can build a business or have an investment so that you can have more money to supply your needs and wants, aim higher, and become more ambitious, but of course with the right purpose, I'm too ambitious to have my own business or investment that can save me in early retirement from doing a corporate job. That's what makes me keep going forward and doing my best as I can in order to achieve my goal. Want to have a better life? Then be a little more ambitious and set a goal to achieve.
413  Economy / Trading Discussion / Re: Lost and loss on: February 20, 2024, 10:05:54 PM
Its been said numerous times, trading is not an easy thing no matter how good you are or experienced you are you will still experience losses its because you are a human, human tends to do mistakes we are not perfect and as crypto market are so volatile you can expect that even a slight miscalculation in doing the trafe will cost you, so expect that those popular traders or big traders have more losses or the amount is too big, but what makes them exeptional is despite that losses they still find their way to get it back or have more, its the matter on how will you trade, how patience you are and how compose you are, in trading you need a firm and strong mind and emotion so that it will not be a hinder in your trading. Trading will never be easy money; you could earn a lot from it, but to get that, you will need to go down the path of hardship.
414  Bitcoin / Bitcoin Discussion / Re: Bitcoin Rated 6th Among the Top Global Currencies on: February 20, 2024, 09:42:39 PM
This really shows how powerful bitcoin can be that it ranked among the leading fiat coins, and the top 6th is no joke; it proves that bitcoin has come a long way, and I'm sure that because of this news or stats, many more interested investors or just people who see bitcoin in the news or social media because of the hype will eventually do invest in it as of course they want to ride the trend and its popularity. So we never know when bitcoin investment will be too late, so for those who can take the risk, you can enter the market as a bull run may come anytime this year. I'm very thankful that I invested in and know this currency, as I now can earn more than I have from my salary, and bitcoin helps me grow even more in terms of knowledge and skill. So what are you waiting for? Take the risk before it's too late.
415  Bitcoin / Bitcoin Discussion / Re: Is it too advanced to get into Bitcoin now? on: February 20, 2024, 03:06:09 PM
Well, no matter where bitcoin will go, I will still hold my assets and maybe sell some of them if I can say that the bull run has reached its peak. Well,  with the recent activites or happenings in the bitcoin price, many people again got hyped and surely entered in bitcoin as soon as they could. Yes,  bitcoin investment will never be too late, but the thing is, if you will enter in the investment without thinking and initiating it just because of the hype, then it will never get you anywhere. The recent price hike is still not considered to be the bull run, more like it's part of the movement or preparation for it. I'm sure at some point the bitcoin price will decrease because of the preparation for the bull run, so no matter what happens, I will only sell my bitcoin holdings a little to be ready for future bull runs.
416  Economy / Gambling discussion / Re: Gambling sites including unsolicited games in betslips to ensure it fails on: February 20, 2024, 12:09:38 PM
On several occasions, a friend has complained that he often sees games he didn't include in his multi-bet slip. And those bets are of games that obviously will fail which then renders his ticket useless.

I ask, has someone else noticed this same thing, as he said he has noticed in two different betting sites. I want to know if its a global practice to expect or a thing with the betting company or that the both betting sites were a coincidence.

Remember, he has series of wins that has been repeated for a long time and he has made serious profit from both platforms without betting with up to 3% of what he has won in total.
I've only heard about these type of situations online but I've never witnessed anything like that in my years of gambling or even seen someone it's happened to, but with the way you say it, it sounds more like a potential scam.
Have you ever considered the fact that maybe it's your friend's betting account that's been compromised and maybe someone else has gained access to the account and is the one placing those bets on the account. Or maybe it could also be caused by technical malfunctions in the site that has given rise to the situation.

Your friend should try changing his password, just incase the account was actually compromised, or he could report the situation to the site's customer service providers to know what's really happening, if it's a default from their end. Or still, he could abandon the account and create another account.
Or is it the work of that platform? Let's say the account is secured, the password is safe, and the account is not compromised or can be accessed by anyone. Then the only cause is the platform itself; maybe they didn't intend to do that, more like a big or a glitch in the system. So if you have experienced this kind of stuff, then better report it to your customer service on the platform itself. If they acknowledge the situation or issue, then that's a good thing because they may be acknowledging the fact that their system might have a bug or glitch, but if not, then better be wary because it only means that the customer service didn't care and was irresponsible or that they intended to do those kinds of things to their customers. Well, it's a common thing in that industry, so it's up to you how you will secure your account and assets and how you will choose the best and most secure platform.
417  Economy / Gambling discussion / Re: Gambling Wins: Your Money Was Returned to You. on: February 20, 2024, 10:28:22 AM
I feel like this can be valid for majority. Otherwise gambling businesses would end. They need to make more and more profits to stay there, working. So good gamblers win more than they lose. But most people are not good gamblers. I think people underestimate how great its to become experienced expert gambler. Most people think they will win at next game. Experts measure their every moves so they never totally lose.
Well, I think it still depends on the game you are playing. Let's categorise the gambling games. There are games that involve solely luck; what I mean is slot, Russian roulette, and many more. These are just those games that you could win through probability, and you can get that probability through luck or destiny. The other games involve the usage of skills and mind, or how good a thinker you are, like card games, bakarat, poker, and many more gambling games that raise the chances of winning through great thinking and how you can outsmart different players or the casino agent itself. But yeah, there is no guaranteed profit or wealth in gambling, as the money in that industry is cycle, which means you can't always expect to win, more like you will expect to lose. So better stay out of gambling if you don't have the capability to waste money from gambling.
418  Economy / Gambling discussion / Re: Gambling friendly countries on: February 20, 2024, 06:54:59 AM
Well, I think it will depend on which country we are in because we can know how gambling friendly a country is if we are residing in that country itself. So for me, my country, which is the Philippines, is one of the friendly countries in terms of gambling. In fact, many vloggers and influencers are promoting different casino websites or platforms. In short, casino websites are becoming prominent in the Philippines to the point that that is one of the means of earnings for those influencers by promoting and flagging casino platforms. But of course there's a downside to it, as many young people are surfing the internet or social media, so many youngsters will be aware of gambling. For sure, the rate of young people doing gambling will be higher. Even though there is an age restriction on those websites, there are different ways for a teenager to play, and that will not be a good influence on young generations.
419  Bitcoin / Bitcoin Discussion / Re: What are the rules for finding wallets on: February 19, 2024, 11:32:33 PM
Like the title says what are the rules. If I miraculously got a private key to a wallet that had Bitcoin in it but was not mine originally then does that mean I now own the wallet like finders keepers and is there any legality issues with this in the usa,uk,canada,south america. Is this more of a morality should you or should you not.

OMG 😱
If it was that easy, Bitcoin wallets wouldn't have been around for a long time, thousands of hackers before you who thought of this idea but couldn't succeed. Your dreams will remain dreams, don't waste your time with such thoughts, no one can ever own so much money without interest. You stop thinking bad thoughts and come back to reality. One should not dream during the day.
True, that user is dreaming that even an AI or programmed software that is tasked with finding the combination key words in a wallet or seed phrase could take decades or not even be possible because there are a lot of words to be used and imagine only taking a guess; it will be really impossible, especially for a human. I don't know if that user is only saying hypothetically, but yeah, in reality, no one could get a wallet just by entering random key words or seed phrases because if yes, then it's proven that the wallet is not secured enough. That's the thing: if you want a secured and trusted wallet, make sure to use the ones that have a reputation and have been tested by many users. Because if you choose an unknown and unpopular wallet, you are putting your assets and yourself at risk, so you better choose those existing trusted wallets.
420  Economy / Trading Discussion / Re: Spot Trading vs Futures Trading on: February 19, 2024, 10:23:43 PM
Well, I would prefer spot trading to futures, as futures trading is a very risky form of trading, as you will have what they call leverage in futures so that you could trade an amount of 1 BTC without even having the price to buy it, but of course the risk will be greater; more leverage means more risk, and it could easily wipe out your funds in your account. So if you are not an experienced trader, better settle for spot trading, as you could also hold your coins there. You can only buy coins depending on your funds in spot trading, and you have a bigger chance of earning in spot trading. I don't disregard future trading, as you could earn a lot in futures if done correctly or if you get lucky. In terms of coins, it is better to settle for known coins than new coins because new coins mean a high risk, but of course, if you invest in a new coin and it grows, then it is lucky for you.
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