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1  Economy / Economics / Re: What do you think increases your chances of wealth? on: April 26, 2025, 07:24:00 PM
I think what most of us don't have, which these wealthy people all have in common are connections. They know a guy, who knows a guy that knows a guy, who can offer them good investments with virtually zero risk. They can just take a loan to the bank, ensure said bank that they are capable of paying then putting these new investments as collateral, and profit off of those new investments. Once you get to a certain point where you are  very close with bankers, you basically get richer and richer every time.

For us mere mortals wanting to be at that level, I guess you need to have an insane amount of luck to hit a jackpot on the investment side of things, and gather as much connections as possible to unlock this cheat code that they have which makes them extremely rich.

You can invest all you want, get all the hits and get all the $$$ flowing to your bank account, but without the proper connection, you will be stuck in the same cycle and always, always, hope that your next investment makes it big again as you are always sucking up the risks yourself instead of letting others suck it up for you.
2  Economy / Gambling / Re: Stake.com - The Leading Crypto Casino - Drake, UFC, Everton, Stake F1 Team on: April 19, 2025, 04:44:30 AM
So fully inactive, want to trigered these waggering offer.

That could work knowing that they also want to provide players that are recently inactive with some bonuses or some form of 'reward' to continue playing. Though I also think that the bonus is based entirely on your gambling patterns plus some additional luck. I'm also eyeing for these bonuses recently, but given that I'm on and off the platform for weeks on end, I doubt I'll be ever to get anything Cheesy
3  Economy / Gambling discussion / Re: Can you still consider yourself a smart bettor even when losing? on: April 19, 2025, 04:38:41 AM
Yes, depending on the decision you make when you were able to win something big that puts you in a breakeven scenario after losing in the long run.
  • If you decided to stop gambling and do something else, you are smart. You quit while you're ahead, and you're not allowing the platform to make money off of you.
  • If you decided to pursue gambling just because you thought you can still win big and you are in for a bigger win, then you're nothing but delusional and a degenerate just like the rest of the gambling population.

Some gamblers are smart enough to stop playing after they have experienced a huge win, or think that they're losses are no enough to deter them from gambling. Gamblers are always one decision away from being a 'smart' gambler, and most of them take the obvious and easier choice which is to keep on gambling.
4  Bitcoin / Bitcoin Discussion / Re: You’re Not Stuck, You’re Early. on: April 14, 2025, 10:46:07 PM
I'm in the game for over 12 years now. I still don't have a lambo, 7-figure net worth, or all the glitz and glam like everyone else is enjoying whom I know started at the same time as I did. It's the reality, I can't really focus much on crypto because I have to face the grim reality of prioritizing my immediate future rather than banking heavily on bitcoin. It didn't discourage me into putting something in my wallet every month, and they really help in covering a lot of things for me from a financial standpoint, and I think it's more than enough for me for now.

Similar discussions in 2014 were also present when the 2013 bubble popped. Negative speculations on the future of bitcoin, on whether it can reach the same heights before and other stuff were evidently present, and was the general mood of this forum on those days. The only light during this time is a post from this very forum that has become the mantra of all bitcoin holders that are stuck with bags they cannot sell due to price crashes: I AM HODLING.

Bitcoin has proven time and again that it will always bounce back from whatever shit hole it is put on. It made numerous batches of new millionaires faster and easier than any other snake oil investment schemes who promised the same thing to its investors. If you can weather the storm, and have a job that helps you put food on the table and paying the bills, do not sell and just forget that bitcoin exists for a few months, come back, then reap the rewards.
5  Local / Pilipinas / Re: MassJacker Malware Panibagong patibong para sa mga Bitcoin at Altcoin users. on: April 04, 2025, 09:40:30 AM
Buti na lang siguro at nakahiwalay lahat ng crypto-related stuff ko sa isang device na hindi ko lagi ginagamit Cheesy Neto lang e naging interesado ako mag emulate ng Switch games sa PC, at dahil nga walang ibang way kundi mamirata ng laro, e nagdownload ako ng mga kung ano-ano sa PC ko. Madalas naman ng mga nadadownload kong laro e mga false positives lang, dahil bago ko i-allow yung file e tinitignan ko muna sa VirusTotal kung legit na malware ba yung file.

Ang madadali nito sigurado e yung mga newbies na hindi gaanong maalam kung papano mag verify ng mga bagay bagay bago idownload sa mga PC nila. Sa panahon ngayon, konting kibot at download sa untrusted sources, siguradong may palaman nang trojan o kaya ransomware.
6  Bitcoin / Bitcoin Discussion / Re: When your whole life is built around Bitcoin on: April 04, 2025, 09:32:53 AM
The age of mining is dead for solo miners for almost a decade now. If you're looking for ways to amass bitcoin for your child, it's best to just buy it on a regular schedule. This applies the principle of DCA (dollar cost averaging), so even if you buy it high on 1 month but bought it very low on 2 months, it will find a nice average for your entry price.

Or instead of wanting to teach your child to trade at an early age, why not do it yourself, earn some money, and send your child to a good school then teach him/her the principles of trading when he's/she's knowledgeable enough. Most parents fail in teaching their kids because they are eager to have them learn something they're not intended to learn at a very early age, without considering what the child wants to learn at that point. Making them interested in bitcoin by seeing you do it first-hand is way better than forcing them to learn it just because it gave you the means to survive in this world.

And since you were able to get something out of bitcoin, why not let it grow further by looking for other investments that will boost your wealth even more? Bitcoin as an asset alone is already a rock-solid investment, but it's not always reliable as it's not appreciating 100% of the time (it's cyclical, at least that's what our data suggests).

Teaching them something about crypto is great, but let the kid enjoy his/her life as a kid first, and just inspire him/her by doing what you do best in front of him/her.
7  Economy / Economics / Re: Which country would you like to retire in? on: April 04, 2025, 09:27:40 AM
I would still live here in the Philippines at old age, though I would love to travel different countries if I have the funds in the future. Given that there are tons of places you can settle in, especially in the provinces, to lower your cost of living, there are also tons of people here that will treat you as if you're family and would always check on you even if you're just randomly walking to exercise or buying something. There literally is no other perfect place to retire for me than here.

My retirement plan is also pretty simple: invest in crypto, UITFs, MP2 (government-backed investment), and gold until my 60s. Sell some of these investments for my own enjoyment and leave the rest to my kids (if I will have any). The cost of living in the Philippines is extremely cheap even if you're renting your house. It will be a lot cheaper if you managed to own the house as it eliminates the need to pay for rent--you only have to pay for taxes and maintenance, which is not a monthly-recurring theme anyway, and you will have no problems with dealing with a landlord.

Hopefully my investments perform well to be able to attain the retirement life I envision myself in. It's hard to grow old without funds and without a home to call your own.
8  Economy / Gambling discussion / Re: Recommend a good solution for moderating fighting by fans. on: April 04, 2025, 09:10:23 AM
The security of the venue should think of the solutions for these kinds of problems. You can't really avoid fans that will fight especially if it's a very tight game and people are high on their emotions. Even without booze or beers in the stadium, these fans with high emotions will always want to duke it out against fans from the other team. I guess a better deterrent is to impose heavy fines and possible jail time to those who instigate a fight, or participate in it, for people to think twice before lashing out their emotions on other people.

Or maybe they should just add more security personnel that knows their stuff, especially on games between known rivals for a long time and have a long history of incidents happening when these teams play.

What I want to suggest I don't know if it can be possibly practiced but i know that if it's being practiced, it can stop the repeatedly fighting and what I want to suggest is that the stadium should have a barricade to seperate both fans from sitting next to each others. The stadium should be divided into two parts and let the fans of each team occupy their seperate parts and should not be allowed to go to the sits of the fan of another team. If fans of the different teams can be kept separately, it would stop the fight, maybe after the match they can fight outside the stadium.

This is easier said than done. Seats are usually chosen by people not because they are supporting a team, but because they want to get a better view of the game. If the organizers were to implement this, how about those non-hardcore fans who just want to watch the game? They will be given seats that are not ideal for viewing, or somewhere they wouldn't get their money's worth.
9  Economy / Gambling discussion / Re: Whats the best thing you've done with your winnings? on: April 04, 2025, 08:51:20 AM
I recently won $6000 from a $20 deposit, and the first thing I did is send $1000 to my mom just because. $2500 went in on bitcoin/other investment stuff that I had, another $1000 for things I needed in my house, and $1500 for a quick 5-day vacation here in the Philippines. I never really regret any penny I spent from that winnings because technically, it's free $5980 Cheesy Almost blew it all of because I got too greedy but managed to turn it around and make it even before deciding to cash it out.

As a single, working adult with only a handful of friends, very introverted lifestyle who loves to go to the beach, and focused on growing my money to retire early, I couldn't have asked for a better way to spend that winnings honestly. I'm $2500 richer in my investments (not a lot, but quite significant from where I live), and was able to relax for almost a week before returning to my monotonous life.
10  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: April 03, 2025, 08:23:32 PM
A small gesture for humanity, a hope for humanity.

I just received an instant withdrawal request made on Monday, March 31st.

There is another one pending from Monday but it is slow.

The last thing I need from a casino is being slow on their withdrawals but almost instant in their deposits. It just doesn't make sense to me how these platforms are too quick with crediting your funds but are too slow to give you your hard-earned win.

I understand that it's sometimes network issues, or if you are playing on a fiat casino, bank maintenance and payment processor concerns, but I cannot really comprehend casinos that have no backup rails for withdrawals to ensure that their players are satisfied with the service.  Huh

A random internet stranger's advice: once you received your remaining withdrawal, walk away and never look back. There are tons of new platforms out there that are delivering excellent user experience to cling into a platform that makes you anxious on whether your withdrawal will ever be processed or not.
11  Economy / Gambling discussion / Re: How do you handle near misses in gambling? on: April 03, 2025, 08:19:43 PM
Doesn't really change anything for me. The fact that I lost that by a really small margin means that I'm good with my bet, it's just that luck isn't on my side on that instance. I usually take my bets until the end despite the outcome because that's what gambling is about for me: having fun. Having something staked on a game has some added excitement to it--you're not just watching a game pass as you also wanted to get some money out of it.

  • Do you gamble more to try your luck again or do you just quit?

I would hit the slots and take my frustrations on there Cheesy Usually it works out for me, usually it doesn't but eh, a degenerate will always want to gamble no matter the odds.

  • What is the emotional implications of having a near miss for you? Mine was a mixed feeling of upset and laughter. I almost cursed Dembele for scoring that goal Grin

That would be frustration above all. It's hard to set it aside especially if you're on your way to winning something then it goes south in just a single moment. It's part of the gambling thrill, and it's something that I learn to chase every now and then.
12  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Ready for the Next Global Financial Crisis? on: January 07, 2025, 06:44:10 PM
The pandemic itself served as a reminder that in the midst of uncertainty on a lot of things, bitcoin remains strong and will continue to be your best bet for hedging against dark times. Idk what else is there to prove for bitcoin at this point, and I'm fairly certain that even the non-believers are starting to also convert some of their assets into the said cryptocurrency.

As for me, I will continue investing whatever extra funds I have in bitcoin at this point. I made the right call continuing to buy the dip when it was in $50k-$60k levels, and I'm in for the long run. Even if it slides back down to $70-$80k levels due to external factors (financial crisis, etc.), there is no selling that will happen and it will remain as is for the time being.
13  Economy / Gambling discussion / Re: Bet only on sports you know too well. on: January 07, 2025, 03:41:22 PM
You’re absolutely right that focusing on sports you know well gives you a much better chance of making informed bets. When you understand the rules, strategies, player performance, or team composition, you will be able to make predictions based on real data rather than pure feeling or hunch. Betting purely on luck, especially for sports you know nothing about, is plain stupid and will almost always result in a loss. While no amount of knowledge guarantees consistent wins, it definitely increases your odds and helps you make smarter decisions in the long run.
14  Economy / Gambling discussion / Re: Cash out in gambling is still king on: January 07, 2025, 08:40:44 AM
What I noticed when I'm winning a lot is I tend to push everything to its limits, and see whether it can still provide me with more winnings until I hit a cold streak. From that point forward I become extra greedy, and try to recoup the losses to my previous winnings until I lose it all. That is how I turned a $2000 winnings from a $5 deposit into a $100 withdrawal. Since then, whenever I double my money, I instantly withdraw my initial deposit and play until I lose or until I win. I also change tables/games after a big win because there is this thinking that the same table/game will try everything to get my winnings back.

Self-control really is a valuable asset that everyone should have when they are gambling. It's least talked upon but it will save a lot of fortune to a lot of people looking to win.
15  Bitcoin / Bitcoin Discussion / Re: Microstrategy Aggressive Bitcoin Accumulation is a Bullish Sign for the Market on: December 24, 2024, 09:07:11 PM
These guys single-handedly raise each person's confidence in buying bitcoin. If you are a newbie looking to buy bitcoin but is hesitant to do so, then you stumble upon an article outlining how Microstrategy continues on buying bitcoins in huge volumes despite negative market sentiment, you'll also be compelled to buy because you might think there is something they know that you don't - and it just makes sense even if you don't know what exactly that thing is because they just keep on making money.

What I only fear about MSTR doing this is that they will become too big to fail, or that one single mistake on their part can send bitcoin's price crashing down into levels that we left a long time ago. There will be a time when MSTR is just controlling an absurd percentage of the market and there's nothing we can do about it.
16  Economy / Gambling discussion / Re: Receiving game odds from insane person to gamble. on: December 04, 2024, 09:26:46 PM
This is just entire coincidence at the end of the day. If someone was able to consistently hit those wins from a tip from a somewhat sketchy individual, it's just that luck aligns with them on those days and it will soon run out. I wouldn't blindly believe on someone who doesn't even know who they are anymore, or what they are doing presently in giving me advice that involves money.

You can take that belief somewhere else, or perhaps apply it to yourself and see how far you can go with the predictions they are providing you, but I'm good, no thank you.
17  Bitcoin / Bitcoin Discussion / Re: 700 students are learning about Bitcoin in Indonesia on: November 28, 2024, 01:19:38 AM
Indonesia is one of the countries in Southeast Asia wherein rapid economic growth can be seen. People in the country easily grasp these concepts, and are developing rapidly in the fintech space. It's not a surprise if they are urging the new generation to learn cryptocurrencies at all given that the said space is relatively young and is ripe for the taking. These young ones will excel in the space if given the right amount of education, and if there are mentors that are willing enough to share their knowledge to them.

It's high time that countries teach the younger generations to be more aware on money matters, not only in crypto but also in economics. Back in my day, I had to learn everything from scratch, and I'm just figuring a lot of things just now as an adult when I should have known these way earlier.

It is common among these so-called crypto analysts or specialists to use Bitcoin as a tool for publicity. Popel will be told that they will be taught how to invest or use Bitcoin but at the end, a shitcoin will be introduced and people will be cajoled to invest in them. I once attended one of these Bitcoin conferences and we were told to buy an altcoin that would make us rich in four days. I immediately knew that it was a scam project.   

That is why the community should also help monitor the progress on these projects, and help put a stop to it right even before it taints the mind of the learners. It's highly likely that people are only using buzzwords and crypto to gain the attention of other people, then eventually use that against the same people they swore to help. Though because of that, people who are genuinely wanting to help are starting to feel a little bit disheartened because of the actions of a few people as they are also scared of being tagged as scammers due to their initiatives.

It's only the same community who will help build its next great minds that will represent them, so better be involved on these initiatives and be one of the first ones to put a stop to it if it's being used for nefarious intentions.
18  Economy / Gambling discussion / Re: "Most lottery winners go broke after few years" on: November 27, 2024, 02:08:37 PM
This line of thinking is true to some degree, especially since many lottery winners aren't really used to handling that much money before, hence it becomes hard for them to control the urge to overspend because they think their huge money will not run out.

This is why it's important for huge jackpot winners to immediately get a financial advisor as soon as possible, in order to guide them where to spend their money and how to make it grow. If I ever win a huge sum of money from somewhere, I'd rather pay a financial advisor a couple thousand dollars for every consultation rather than blow out all my winnings in a span of a few years. I know I'm a frugal person, but I do know that when I have the urge to buy something, I will do it no matter the cost which completely counters my frugality.

Circling back to the original gist of this that the majority of lottery winners aren't really going broke after a few years, I believe that this is true right now since everyone can easily learn where to invest, how to save, and there's pretty much tons of options to save money. You also have these experienced financial advisers that turn to Youtube to make contents that will easily help you manage your money for free.

Also, I think it also helps that most lottery bettors are middle-aged or older, as they understand the importance of money and how hard it is to earn them. Make a Gen Z or a Gen Alpha a lottery winner, and you'll most probably see them overindulge in luxury stuff in order to brag in social media without thinking the long-term implications of their overspending.
19  Economy / Services / Re: [OPEN] WOLFBET.COM Signature campaign on: November 27, 2024, 12:33:39 AM
Just got back from a long hiatus, and am ready to join another campaign since I will have a lot of free time in my hands Cheesy

Bitcointalk username: dothebeats
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=306338
Bech32 BTC Addy: bc1q2e9twmpft44cylacrp6v743xey7v02ks93jfn5
20  Economy / Gambling discussion / Re: Loss Aversion: A Critical Factor for Responsible Gambling. on: November 26, 2024, 09:55:58 PM
I understand the sentiment of not wanting to lose anything on the casino, and would go on increasing lengths (and even increasing bets) just to recoup losses. Most of the time, I can get out of that hole unscathed, recouping what I loss and even winning some. It's just recently that it lead me to lose 10x more than what I initially lost due to chasing losses.

Imagine losing just $10 on casino because you just wanted to have fun, and eventually losing $134 because you believed in your insanity that you can recoup that loss. To avoid doing the same thing from happening again, I ensure that my funds are locked somewhere wherein it's inconvenient to transfer to a casino.

Most of the time, casinos will give you good wins on low bets, but when you try to up the ante, that's when they know they reeled you in and will no longer give you any wins AT ALL.
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