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421  Economy / Gambling discussion / Re: The psychology of betting..... on: May 13, 2023, 07:48:50 AM
We can play as much as we want, as long as our own limits are respected, that is, we have a capital set up to lose, because it is what we have destined to play, that capital cannot be regretted if it is lost in the game , because it is known that it was destined for that, if we are clear about those things or those premises we can play with complete confidence and as we wish, but if the money is lost in its entirety, it must be respected in not Playing anymore,because if it is appealed to that Money is going to be taken that is destined for our daily expenses, be it for food, the market, for the family, it is what should never be done, basically it is to play responsibly.
If you play as much as you want, you are not limiting your self already. Maybe there are people who are not really in to gambling and they think betting minimal amounts for 20 to 30 rolls in a casino game is already too much for them but most people are not like that. They always can't get enough when it comes to gambling.

These people needs to limit their selves before it interferes with their life. Other than that, it will be better if your wife hold your money for you. If you don't have a wife yet, then you must still have your parents, or other people that you trust the most because once we see our balances, the temptation can always kicks in.
422  Economy / Speculation / Re: Bear Market Reaches $27605 - Will the Downtrend Continue?" on: May 13, 2023, 06:38:03 AM
The more such corrections, the faster we can reach a fast rally. Of course, there have been and will be such corrections in every period. The important thing is to organize our investment accordingly. What price do we expect and at what price do we want to buy? Sometimes we can't get the level we want, but according to the estimation of many, when the bull season comes 1 year later, our investment should be ready for the bulls. It goes up and down more these days. You shouldn't be stuck with them. We have to get used to these falls. What matters is how many bitcoins we have.
Correction only delays the rally because we will need to recover that lost price first before we start to rise again. Yes corrections are normal but there are times that it won't occur especially if there is a bull run event that is going to happen. Being organized is important so that you will not feel pressured and you will know how to respond in different market situations.

We can get on the level that we want as long as we stay to be realistic. There are different guesses if when will the bull run comes. Some says next year or in 2025 but there are more people who believe that it will start within this year. For those who invest early, they are now ready for it.
423  Economy / Economics / Re: China Digital yuan vs US dollars on: May 12, 2023, 09:01:24 PM
The Chinese Yuan is not as widely accepted so despite the BRICS choosing the Yuan it will take a long time to overthrow the dollar
Like you have written this is going to take a long time time for the Chinese yuan to be accepted generally and it's not going to be in the next few years. There had been remour that people are dumping the usd dollar for the Chinese yuan but that is not going to work as soon as possible. We still have us dollar to be stable since it life span had not expired.
Maybe those people who dump their USD for the same purpose are the people from China? They need to support their own country and maybe they are being encourage of doing it in exchange for something valuable. There are still people that are outside China who dumps their USD.

It does not mean that they also have a hate with the US but they are only doing it for the sake of earning a profit. I don't think there is such thing as expiration when it comes to currencies unless if we are talking about scam cryptos here. It's been a long time since the US dollar was established and until now it still functions very well. This will continue like this until the future.
424  Economy / Gambling discussion / Re: Have You Experienced Winning Bets By Upsets on: May 12, 2023, 08:46:12 PM
I generally prefer sports betting. So I sometimes pick underdog football teams to make high amount of profits. Well fun part of it being very risky. When you are able to win through combination of underdogs with high odds, your profit increases a lot more than usual betting. I personally experienced winning in such way. I think in football its pretty much possible lower rank teams beating higher rank ones in their good performing days. But you should pick matches very carefully im my opinion.
Many of us prefer sports betting because it's known to be more profitable than the casino games. That is due to the fact that we can analyze the players statistics and improve our winning rate. There are people who analyze casino games well but it has no effect as the results are still random.

If you want to make a high amount of profit in a much surer way, why not bet more money in the teams that you think has an advantage to win? Lots of players are choosing this path than risking low amounts for higher odds which can still be money and time consuming. Being very risky is not fun, but being too unpredictable can sometimes make the game exciting especially if you don't mind winning.
425  Economy / Gambling discussion / Re: Do you prefer Original Slots or slots from 3rd party Slot providers? on: May 12, 2023, 08:15:20 PM
I prefer third party slot games to real slot games from casinos although I sometimes play them if I want something different. But even if you play in original casino slot games or slots from third parties, you still have to have luck.

Slot games from third parties vary greatly, especially in terms of images, background music, or the amount of bets so that we can adjust it to what we want to play. Sometimes we can play several slot games from one provider at a time. But sometimes we only play one slot game from one provider.
If you want something different, you better play original slot games because like the OP describes, this is the ones that have a unique theme on them but the ones that slot providers offer are repetitive that you can see the same game in most of the casinos that you visit as long as these casinos support provider games. In terms of betting amounts, I think slots from a third party has a higher minimum amount.

This is one of the reasons why I avoid them and just stick on the original slot games because I can bet as low as $0.03 on them but I agree that they have a better graphics and audio because this is where they specialized at. If you are a slot addict then you will play different types of slots but for me, I am fine with one slot only.
426  Alternate cryptocurrencies / Altcoin Discussion / Re: Understanding cryptocurrencies and investment. on: May 11, 2023, 08:40:24 PM
Bitcoin. You do not need to understand which coin and all that, you just need to consider that it is possible to focus on how you could make money based on what bitcoin has provided.

As long as you have that mindset, then it should be fine, you could of course invest into other coins just like what others do, but that doesn't mean that it will have to be like that, it's just an obvious situation where you could make a big difference when the time comes and could just put aside a small amount to invest into those.
There are so many coins created from time to time. It is so tiring to learn and can be costly if you will consider each of them. It's fine if there are guaranteed return but the problem is there isn't so why can't we just focus on Bitcoin instead? However some old alts are still useful in certain times, like for example now, the Bitcoin fees are huge again. We can use those alts as an alternative for a while but once the situation returns to normal, we can go back in Bitcoin again.

Nothing has ever passed it so far and I bet that nothing else will ever pass it neither.
There is one coin before which value is more than Bitcoin but I don't know what happened to it. Even if the coin is alive, I think Bitcoin is taking the lead now because the value of BTC have improved.

If you do not invest into bitcoin at all, and only focus on alts, that would be a mistake and you should avoid that if possible.
If there are people who only focus on Bitcoin, then there is also people who only like altcoins. There is no problem with that.
427  Economy / Economics / Re: How to increase profit in business on: May 11, 2023, 07:42:32 PM
In my opinion, the best thing to increase profits in business is to increase capital and marketing which is getting more massive, currently there are many social media influencers that we can use to advertise our products, and this has proven to be more effective, some conventional advertisements such as television or newspapers also still have performance. which is good so we have to do all marketing tools.
We can only increase our capital if we have extra money. If not, don't attempt to take a loan, sell your own items, and do other unwanted things. We can put more money in marketing to reach out more audience but what's next after that? Customers won't still avail your service if they don't like what is being offered there.

I'm saying that before we pump more money in marketing make sure that the service we offer is already at its greatest condition that we are sure that each customer who use it is satisfied and keeps on coming back. Not all people uses the internet or browse social media daily so other forms of marketing is still needed.
428  Economy / Gambling discussion / Re: Need your opinion on the casino project ( gambling ) on: May 11, 2023, 06:19:03 PM
If you are trying to find a casino that is reputable, there are so many threads here in forum about that already. But if you will really insist on depositing and playing in this platform because you are curious and you want to explore, go ahead and try it. But make sure to only deposit the minimum amount to test the waters first. Since I believe there are limited reviews about bithound, it's better to be cautious than to regret later on. Try to deposit an amount you can afford to lose so that you will not blame yourself if the things you expected won't happen.
You don't want to recommend something from the OP? If you are shy to mention one, then just name two or more casinos so that you won't look like you are shilling it. The idea is for the OP to just click it because he might play on the wrong casino since not all posted in our gambling board are proven to be legit but there are so many additions there which are not properly reviewed yet.

The site that the OP attached is not a casino but it's a gambling review site. Do not know, if it was his site or he is only trying to promote it. Depositing a minimum amount according to the casino is recommended but what if the minimum amount is high? If that is the case, I will just wait for other people to test it.
429  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: May 11, 2023, 09:14:33 AM
I noticed that the 7th rank in the Bundesliga could still become an interesting spot for the teams Wolfsburg, Mainz and Frankfurt. If Leverkusen were to win the Europa League, there would be one additional spot for the Europa League qualification, meaning that the 7th would qualify for the Conference League. Is that correct? But what happens if Frankfurt becomes 7th and also wins the DFB Pokal? Would the Bundesliga get another spot for the Europa League and even the 8th rank qualifies for the Conference League then?
Even this all is too early because after few hours we have interesting match between Roma and Bayer Leverkusen in Rome but still for the seventh number I will favour Wolfsburg which is doing impressive because Frankfurt was in good shape but suddenly after having exit from Champions League their performance is on decline which is bringing them down with now they are going to face Mainz which is also struggling but still have better performance.

In last 15 matches, Frankfurt won just two matches with both in DFB Pokal and have no win in Bundesliga if they are able to win against Mainz then surely things can go into their favour but right now performance and confidence both are against them for the seventh spot.
430  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2022/23 on: May 11, 2023, 08:28:39 AM
Bellingham is about to be a part of Real Madrid now and this must be very exciting for both sides now. Because Real Madrid are continuing to strengthen the midfield a lot and to invest in their future at the same time. Because Kroos and Modric's contracts are running out by the end of the season and I assume there won't be any extension with any of them.
Young players are starting to take their places from now on and Bellingham is going to be one of them. Bellingham must also be very happy to play for one of the biggest teams in Europe.
Real Madrid management will definitely need to add a number of players to the squad this season. Otherwise, their performance will degrade badly. Benzema, Luka Modrich and Toni Kroos are three very important players for Madrid. And all three of these players are quite old. If Madrid cannot find suitable replacements for these three, they will face big problems next season. I think it was a wise decision to add Bellingham to the team. Bellingham is a very talented player. And the important thing is that he is only 19 years old. If he is able to adapt well to the Madrid squad, he will be able to serve the team for a long time.
Real Madrid management is well aware of their problems, and they will try their best for solving this all because in current season they faced few issues which prevent them from giving their best but still they are having good end of this season but now as they are having few quality players into their radar for the future hopefully things could be in better way for their performance in future Bellingham is long time Ancelotti even now he is also not sure about his future at this club, but he has done good job to have this player into this team which will give good strength.

Few legendary players are already ending their careers at this club which will be bringing some problem but as they are working hopefully things will be under control or better because in next season we will have three-way title race with Atlético and Barcelona both are currently doing impressive work as well.
431  Economy / Gambling discussion / Re: How Big is the online gambling industry today? on: May 09, 2023, 08:21:11 PM
The pandemic outbreak of 2020 played a major role in the big success of online gambling platforms, that was when bigger numbers of people decided to try their luck indoor on those online gambling platforms, today online casinos are one of the fastest rich businesses that anyone can get into right now and casinos are as big as less risky companies like Microsoft and others, do not underestimate how much casinos are generating every day, it's a whole lot of money, more than you could ever imagine.

Big men out there would rather run a casino business than an hotel because it's a business that's less risky for the owners, it's a 95% win for the owners always.
Online casinos have benefited greatly from the pandemic for the past 3 years and have increased the number of users playing at each of these online casinos. So that's what makes online casinos bigger than ever.
Same goes to cryptos. We also saw a huge boost in their prices during the pandemic era. At first, people speculated the opposite thing but it was surprising on how the unexpected thing have occurred.

I guess that is because people never losses their hope and they don't just sit there in the corner but they still find ways to hustle, mostly online. They sell stuffs in social media sites, join this forum to earn a crypto, and many more. Other than that, the government is also providing cash assistance. There's even a news reported that people are spotted to gamble using their cash relief and some are using it for crypto investing instead of buying their basic needs in life. Kinda insane if you ask me.
432  Economy / Gambling discussion / Re: Can this be effective against the increasing numbers of gamblers? on: May 09, 2023, 06:55:11 PM
Everyone uses social media to advertise a casino game and platform. Online casino social media strategies, on the other hand, work similarly to people marketing their businesses on the same platform. Promotions can reach many people unfamiliar with casino platforms, casinos need social media platforms to advertise their business, but they cannot rely on them. This may be a small component of their larger plan.
For the online casinos, yes but for the offline ones, I think many of them are doing an offline promotions. For a crypto casino, many of them are only using this forum to promote because they know that people here are very familiar in crypto than the people in social media sites. There might also be restrictions when placing a post or an ad related to gambling.

Promotions are important because this is how the gamblers discovers your site but as a casino owner, we must understand that there are some things too which are essential in order to become successful in this field like building a fun and profitable game to our customer and having a responsive customer support.
433  Economy / Gambling discussion / Re: Do you agree with ChatGPT on the club that might win the premier League? on: May 09, 2023, 04:30:41 PM
If you have used ChatGPT, the old and free version, you need to understand that it provides outdated information since the data it has is already outdated and it doesn't have access to any data that is recent, and for that feature, you will need to buy their subscription which will provide you access to the latest version of ChatGPT called GPT-4.

It will be interesting if someone does a comparison between both free and paid versions of the AI model and post the results here for us to see. The paid version will probably provide a more accurate answer since it has access to the recent data available on the internet.
In that you are right, however if the chatgpt-4 can make predictions then sports betting and everything that is lottery would go into a big stage of bankruptcy, because all the casinos would be lost from the map, no casino likes to lose , and they would obviously take care of that, unless they use an AI stronger than Chatgpt-4, which probably does exist because I imagine that the big hackers have more development in it to achieve their purposes, then that would become an eventual war of AIs good and bad...
Maybe it can help in sports betting because it can scan player or teams information but for a lottery game, it can only give you a lucky pick number. Beating the casinos and betting sites is one of the dream of the gamblers. Imagine if it's possible with the help of ChatGPT?

Gamblers will finally have their sweet revenge even for once. Existing gambling companies will all bankrupt but they will track the root cause of it, resulting for the ChatGPT to be banned. There is still a chance for the gambling industry to recover as there are other business men who are planning to enter but they got turned off because of the competition but now it's their time to shine.
434  Economy / Gambling discussion / Re: The madness of gambling addicts. on: May 09, 2023, 03:32:03 PM
People all deal with losses in their own way. The term addiction is of course often used, but when exactly is someone addicted? You can't link certain standards to that. Someone who plays with bets of 1 euro and does this for hours every day is also addicted. But someone who loses 100k in a match once a month and does not gamble further, is in principle not addicted? Of course, the aggression is expressed much earlier in someone who loses a lot of money, but that also makes sense. However, many gamblers are only gambling online and if they lose no one will notice that aggression quickly.
Then there are bad and good ways to deal with it. Bad is the same in the story of the OP. Good is when we get motivated to work to be able to earn and play again next time. Addiction is very common even before but it got popular now due to how technology evolved. You know you were addicted when you are excessively doing the same activity.

On the scenario that you gave, I think the second one is not addicted. Sure the amounts are huge but as long as it still within their capacity, that's still fine. Even if we are gambling alone, online. Aggression can still come out later on and it will be noticed by the people around you. This is wrong but in gambling, one must only be calm. The main goal here is to relax and release stress, not to worsen it.
435  Economy / Economics / Re: Invest your money wisely - another lesson, Techie tries to suicide. on: May 09, 2023, 01:03:22 PM
I think that one can't succeed by only investing what he can afford to lose, the more you put, the more you get. People with low budget can't put more, i.e. can't get more, so at the end of the day, their condition is not hugely affected. And I think that is not the problem here, really, I'm serious. The actual problem is the attitude people have towards crypto and investments. No one thinks about risks, all they think about is their dream about how they will spend their life on yacht with millions of dollars. People think like the guaranteed outcome from investment is tons of money, no one thinks about how so guaranteed is total lose of every single penny. People are really in dream-like state when they make investment, they only wake up when they lose.
I think that is true but we need to find a middle ground as well. If you think only about the risks and have no dream then you won't buy, why would you buy something you think that is risky and have no dreamy level of profit potential? But if you only think about the dream and not the risks at all, then you end up like this techie as well.

So you need to be aware of the risks, and aware of the potential profit at the same time, if you can do that then you would be able to actually make a profit from it as well, should be considered a good idea. I personally know the risks and I also end up dealing with whatever it can provide me as well, and that is why I invest what I can afford to lose. If I end up losing it all, I won't be poor, if I make profit, I will be happy. Those are the options for me.
436  Economy / Gambling discussion / Re: Questions of the day for gamblers on: May 08, 2023, 05:35:31 PM
You're not really good at nor someone can do that, it is just about luck and so you win the games.
if people say that there is a strategy to win here in slot games, that person is lying because absolutely impossible in pure-luck base games.

At some point, some gamblers are really wrong about gambling thinking that this will give them money and would able to beat the house. Because no way we can increase our chances in slot games which is why I've preferred to gamble in sports betting rather than this.
There is a slot thread here where some players share their wins and most of that wins are huge. I know this is crazy but maybe slot games depends on skills too? Because, I also play slots but why I can't win like them? I think those guys have a long term experience in this game that they know how to pick a good slot. They know when to stop when they feel that the game is not going well or if they already win a good amount.

Maybe I just need to play more slots so that I can build an experience too and I can improve my instincts. Sports betting on the other hand is the one that is known to be skill based but I think slots is more enjoyable because you are the ones who are playing the game and the graphics are also cool.
437  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: May 08, 2023, 03:15:03 PM
finally they dropped the Brook, after 9 matches but they did it anyway. Good on them and props to Glenn Phillips.
Brook needs to be dropped after having few worst results with two back to back ducks G Phillips and Samad both done good job in just 14 balls which change the match in favor of SRH which was looking for the win, and they have even Sandeep done good job, but RR were under pressure after having two defeats with now after losing this match they are on three matches losing streak which is surely not ideal situation while we are having interesting time in this season.

From here, we can watch good changes at the top of the league table as GT is clearly heading for the another top spot CSK is also doing impressive in last few matches and others have to fight hard for the remaining spots for top four which is never been easy with many players are starting doing good.
438  Economy / Trading Discussion / Re: Can Bitcoin trading be my sole source of income? on: May 07, 2023, 06:34:03 PM
although it is very possible to do, for me it is too much. but if indeed you are not comfortable with your job, and you prefer to make a profit from trading, then do it.
I'm sure some traders actually trade every day and only focus on making a profit from the trades they make. but for me, it's too risky because when you have a family and have bigger needs every day, looking for profits from trading every day will make you quite depressed. even though when you are experienced in trading, it will be very possible to make a profit.
If we are not comfortable with our jobs due to a terror boss or toxic environment, then the best thing that we can do is to find another job. Trading is still possible to do even if we have a job but it's best advised to trade only in our break time or after we time out and go home so that we can focus more on our job. There are daily traders but I doubt if they can also make daily income and if they do then it is mostly smaller amounts.

It's not a big deal if we don't have a family to feed and if we still depend on our parents. When trading, it's important to have other sources of income because what if we lose all our capital? How can we able to trade after that?
439  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I believe this might be the Binance's new bitcoin - maybe a 1000$ per token on: May 07, 2023, 06:04:20 PM
This is clearly the weakness of all of those coins that try to make their project seem more desirable by burning a great deal of their supply, the truth is that if a coin does not really have a use case which it solves by an innovative use of technology then that coin is useless, no matter how intensively their supporters argue against this fact, and for what I can see about this coin the only way it could achieve anywhere near the success the OP wants is if a bunch of speculators invested in it just because, something that I doubt.
They do that because they know that many people believe that burning coins can make the value of the coin pump. This is the investors weakness and this is the advantage of the team.

Who cares? what is the problem of creating a token, generating 1 billion units out of thin air, putting 1 million into circulation, and burning remaining 999 million worth 0$? That's how we got a project that has 99.9% of the tokens burned ... only it's no different than a project that just has 1 million tokens and nothing has been burned.
For sure there are lots of people who will care. Either they are anti about these types of coins or they are an investor it. For those who are anti, they think coins like this are a problem to the crypto space because they are mostly just money grabs. This is clearly a meme coin judging by its name because they don't have an originality. It is better that most of the supply got burned because you said they are only useless, so what is the purpose of them existing?
440  Economy / Trading Discussion / Re: Lets Brain storm on how to limit losses... on: May 06, 2023, 05:32:01 PM
Many will say it’s greed but the largest losses for almost all traders is going to be revenge trading and we have all been there.

You know how it is. You lose a little and then went to trade until break even. Then you lose some more so you take more trades with higher positions and these trades basically make no sense in technical analysis and you are pretty  much guessing at this point and eventually you go bust. Happens to every trader.
I must say revenge trading happens only to those who are greedy. Because if not, then they will just call it a day and just come back to trading when there is enough capital and whenever the market is perfect to trade. But I completely believe that all traders experienced this revenge trading. Because we don’t want to keep on losing and used up all our funds, so we start to do some revenge trading hoping we can easily recover our losses, but it seems it only lead us to losing a lot more until we end up in a very worst situation.
Yeah, he didn't realize that both are still the same. If we are not greedy, we will stick on our limits so we still have something left to trade the next day and so on. I don't think this is called a revenge trading but it's just another trading session. Trading must be done like this so that we can be able to trade often and expect earning some profits. About capital, we must only use the money that we can afford to lose.

We must not took a loan or sell our valuable stuff. If greed unexpectedly happens and we drain all of our money, then just accept the mistake and move on. All experienced it even once or twice but that's normal because we are just humans.
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