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241  Economy / Gambling discussion / Re: It’s unlikely that anyone besides you will be happy with your winnings. on: March 17, 2024, 11:59:27 PM
Its something common that we see people get gealous of us when badging an achievement, some may show it while some may manage not to express that on thier face, same way we may also be founf being jealous about other peoples achievenments, this is natural, but when we do and never aim to covet that whichthey had nor harm them, then we are not at fault, instead, sme will go extra miles to see that they do some funny shows behind to hurt those with achievements.
Envy is an inborn human behavior. The challenge is how to overcome it since not all of us are good in managing it, that some may end up planning a negative attack just to put that certain person down. While this can be happening normally, but we can always avoid or lessen this type of emotion if we just keep our achievements to ourselves only. No need to flex them or post them in social media as we all know majority of the people will never be happy with that.

Most especially if we are talking about gambling winnings. Aside that people will suddenly recognize you as a relative or friend so they can start borrowing you, you will also be a target of stealing or scamming. Know that while we are in joy, some are in grief and are feeling hopeless and depressed. So we should also try to be sensitive to their feelings, as our happiness can never be other’s happiness. Hence, keep the good news to yourself and your family circle.
242  Economy / Speculation / Re: Will BTC go back to $40K - $30K range before a bigger rally? on: March 17, 2024, 11:39:49 PM
To be honest, I really don't know why the price went from 73K to 67K in the last Friday and Saturday. Maybe the FOMO phase had lost it's power and the selling pressure managed to overcome the buying pressure. I was expecting a price correction, but I don't know how much the price is going to fall before the next pump. One thing is for sure. The FUD army will begin spreading lies and BS about Bitcoin. We've all witnessed this happening during the bull runs in the last. The FUD gets more intense when the Bitcoin price is pumping. More "weak hands" will panic sell during the price correction, which might help for prolonging the price drop. Anyway, the real bull run has to occur several months after the halving.
I guess we all expect a price correction right after a series of pumps is observed. That is how a volatile market works. Most especially for bitcoin where it’s highly volatile that makes it highly unpredictable as well. One day it will skyrocket and reach an all time high, while the next day it’s bound to drop again and resulted a price decline, and those who have been staying long in the market have been already accustomed to it.

Now talking about if bitcoin price will eventually reach its dips like $40k down to $30k, I can see this might not be possible with how bitcoin works in the market these days. But as we say, all we have are just speculations, and we can only tell by then once the real scenario happens. So it’s always patience is the key. If you’re not patient, you will see yourself on the losing end.
243  Economy / Trading Discussion / Re: New trader's must remember it. on: March 17, 2024, 10:56:57 PM

These are the general spoken rules, how about the unspoken rules that new traders need to know. Some of these unspoken rules will never be known unless a new trader is in close contact with an experienced trader who has been trading for a longer time. These rules may differ from one trader to another depending on the level of expertise and the experience that the trader has. So as a new trader try not to become conflicted with many rules from different traders who have different experience, pick one trader as mentor, and then follow their unspoken rules and strategy to trade. The unspoken rules even matter more than the general spoken rules.
Even following these general rules won’t guarantee profitability in trading. Because admit it not, rules are not actually made to maximize trading profits, but it’s made to control our losses and lessen it as much as we can. That’s why experienced traders have come up with their own unspoken rules. But still, their own rules won’t guarantee that it will also work for others, as individual trader has certainly its own rule that only works only for his own trades.

And yes, I have to agree with you, the only way for beginner traders to highly succeed in trading is to find an experienced mentor that will open him to a lot of unspoken rules in trading. They may not be known by majority, but we all know each trader has certainly its own set of rules to be follow in trading, it’s up for us how we will execute them individually.
244  Economy / Gambling discussion / Re: Drake and Bruno Mars An Example of How Gambling Addiction Can Affect Anyone on: March 17, 2024, 10:39:21 PM
I've seen headlines about Bruno Mars getting addicted in gambling and even has got a debt of $50M in Vegas. I don't know if that's for real but with a lot of news coming out and those headlines that have published it all together.

It's very likely that the news is true.

But I haven't seen him release a statement about it but if it's true then there's no need for him to hide it and just say that it's real and will pay the debts.
Well he can pay it silently without releasing a public statement. After all, he does not an owe an explanation from us. However, I must say that gambling addiction will not bring positive effects in our lives, but it will only worsen the situation and put our lives into misery. Regardless of your position in life, VIPs or non-celebrities, still one should gamble responsibly. Gamble only for fun, not to chase instant big profits, as it’s seldom to see big winnings in gambling casinos, but it often lead us to losing all our funds.

Big time celebrities are not excused from gambling addiction. Although they can hit one time big time winnings, but most often they can lose all their millions in just a blink of an eye. That’s why it’s not surprising anymore to see such big time celebrities who are gambling addicts eventually fall into being homeless and losing their careers eventually.
245  Economy / Gambling discussion / Re: Stop gambling if you don’t have free time to do it on: March 17, 2024, 10:03:13 PM
Don't gamble when you are going to do it quickly because you're just doing it the wrong way. If you lose, your money is gone quickly and you don't get to enjoy it.

That's why your experience is true that if you don't have free time, it's best not to gamble and don't spend your money that way because you're totally losing everything rapidly with that.

As you gamble, make sure that you put that much time on it so that you are not going to rush with decisions and you can think properly with your bets in any kind of games that you play.
Profits don’t happen in a rush, as well as gambling is. You still have to allocate a bigger time in gambling so you can also analyze your bets before placing it and as well as enjoying your game like you’re having pleasure and fun. And this won’t be realized if you just gamble quickly wherein your mind and body is already exhausted from your day job, that will most likely result a negative outcome when gambling.

Gamble only when you have a convenient time for it. And when you feel you’ll get positive vibes that you’ll be lucky in your bets. That way, even if you don’t meet your expectations, at least you will still have a bigger time to relax right after you lose without being pressured that you’ll still have to wake up early and get to work.
246  Bitcoin / Bitcoin Discussion / Re: I've projected my holding after this bull run. what's yours? on: March 17, 2024, 09:27:41 PM

I'm just here to ask you all especially those who are newly investors to this bitcoin investment platform like me that WHAT WOULD YOU DO WITH YOUR FIRST INVESTED FUNDS AFTER THE BULL RUN?
Well I think another of person might still probably sell off and plan to buy back again especially when after the bull but the issue is that how would you preserve the funds till that time comes and thats why its important to know what to do with the profit and even the capital joined together,  well for me I think I will just sell off and then use the fiat to purchase an asset which I can sell off that would give me profit or have value overtime like the way bitcoin works and the only asset I feel can do so is land.
That is also one of my plans. Land properties are easier to sell back again with a reasonable price especially if it’s located along the heart of the city, businessmen will definitely target your property. However, my priority is still to buy back again when bearish market comes, and I think that won’t be too long to happen because eventually, right after a bullish market, a bearish one will soon to happen.

I have also this plan of mine to invest some of my profits into an established business already and all I have to do is to buy its franchise and I know it’ll possibly work. Hopefully, this upcoming bull run will be another milestone to help me achieve my goals. Bitcoin is the key, and would still allocate a bigger amount of profits to invest again in bitcoin through DCA, this time it would be for my retirement in the future.
247  Economy / Gambling discussion / Re: Is AI going to affect gambling in any way ? on: March 16, 2024, 11:59:08 PM
hahah because Chat Gpt now everyone is Using AI or at least labeling their site using AI hype without real AI in it. But since I like the AI and I tried to ask them to Gemini Google AI and he answered me like this "AI is already affecting gambling in numerous ways, and it's likely to continue doing so in the future" so whether you like it or not the AI is most likely going to affect the gambling too, maybe in personalized game or user behaviour its kinda crazy if AI play with our data but it is what it is



Most probably if you are in sportsbetting, you can quite rely to AI but that won’t still guarantee winning from your bet. In the end, the team’s luck and skills are what matter the most. Now, when it comes to slots or roulette or blackjack, everything is based on luck so I think AI has nothing to do with it. Even if you absorb everything AI has fed on you, still the outcome would always favor on the casino’s house, as the house has always an edge over its players.

Nevertheless, AI is only useful when it comes to non-gambling stuffs but as long as gambling is purely based on luck, AI won’t totally affect gambling in general.
248  Economy / Gambling discussion / Re: Gambling Is Legal In Our Country But if You Promote It Online You'll Go To Jail? on: March 16, 2024, 11:34:18 PM
This is a selfish rule
If the government wants to restrict gambling, they should do so completely and not let the existing businesses (casinos and other gambling companies) suffer because of no promotional activities and advertisements online and we know online promotion is one fast means of reaching a wider audience/customers. This is a greedy attempt on the side of the government, they clearly don't like gambling yet they legalise it so they can receive revenue from these gambling companies. It will only be fair if the government monitors online gambling promotions instead and place restrictions on certain promotional contents, including some channels used to promote such contents.
I think the government behaved like this since they just want to protect the welfare of their citizens not to fall into gambling addiction most particularly for minors who don’t have sufficient knowledge when it comes to gambling. Social media has become so influential these days and that even a single post about gambling can possibly attract thousands of aspiring gamblers. Gambling should be done in moderation, but if those gamblers who have winning history in gambling will continue to post positive views about gambling, and the government will not prohibit them from doing, then it’s as good to think that the government is allowing its citizens to fall eventually into gambling addiction.

Hence, proper rules and regulations should still be exercised when it comes to gambling, regardless of the fact that gambling is recognized and legalized in the country.
249  Bitcoin / Bitcoin Discussion / Re: The Faketoshi saga is now coming to a close... on: March 16, 2024, 10:59:43 PM
I saw a great comment on this "saga" not long ago and the author roughly said something like: we can all claim to be Satoshi apart from Craig Wright who is the only person in the world told by the court that he is not. The clown should be punished for doing that as he damaged the reputation of the real Satoshi, whoever he is. I can't run around town saying I'm the president. They'd probably arrest me for that and put me up for mental health check, but Craig can lie for years and not even get thrown in the loony bin?
But now Craig faketoshi saga has come to an end which is certainly a good thing for us. Although this has not affected us so much since we all know actually that he’s a fake one, but I believe a lot of beginners have still fall on his trap and believed on his lies. And most probably, sooner in the future, there will be another VIP who’ll claim to be Satoshi, because as long as bitcoin remains on top of the newsfeed, the name Satoshi will always be taken advantage.

My advice to everyone is that don’t easily believe on strangers. Regardless if they have high position in the industry, that won’t guarantee that they’re being honest and would never do such scamming. Any person can imitate what Wright has done, and everyone that turns out claiming Satoshi’s name are directly named as scammers.
250  Economy / Economics / Re: Do you believe in savings or investment on: March 16, 2024, 10:38:34 PM
Well I think having savings saved up is more important then a investment. There is times is our life when we need money to have basic things like food, clothing, and shelter.

It is only a good idea to invest if we can afford to lose those funds. There is no way to make sure we get good profits from a investment. But having a savings we know our funds are safe and we can use them when we have to.
Maybe everyone has different thoughts about this, however, I think both are important. Saving is very important, but while we still have enthusiasm for business, investment will also be very important. Investment is very important because investment can give us additional income, or perhaps savings that continue to increase in value. This may be very useful when we no longer have a source of income from work. We can get income from the investments we make now.
Saving is also important because the needs we have are always there. Savings have a function to fulfill this. So, I think that savings and investments should have their own part in a person.
If you are a fan of saving, I believe you also want to take part in any potential investment since your aim is to yield possible profits and end up saving them for the future. So both are actually vital to a person, as saving a huge amount can be highly possible if you don’t rely solely on your salary but also to your investments as well.

However, not all individuals are able to realize this. It’s just that some just want to stay in their comfort zone and play safe, and just focus on saving until they yield a decent amount. Not realizing that investing can do a lot of saving once their investments have turned out to be massively profitable after years of successful operation.
251  Economy / Gambling discussion / Re: Can you stake on a potential(obvious) loosing team just for love? on: March 16, 2024, 09:54:56 PM
I love my team to the core that I will always stand by them and even if it is obvious that they were going to loose a match, I will still bet in support that they would win the match.
That is not making any sense.

Question: Can you have so much love for your team to behave like this guy that even when you know your love fans team would loose a match, would you still further stake on the match against your team?
Remember that we are catching funs here and whoever chasing after profits is at its own will.
Why would I? When I am not stupid. If I know a club would win my team, I will stake on the other club.

Gambling is not about betting on your team to win.
If you focus on mere profits, you will definitely bet on a team that has higher probability to win, to the extent of even leaving your own team. However, other people might do the opposite and instead stick to their favorite team even if it’s obvious that they’ll lose eventually, just to show support or love to the team. With this, they are actually beating their purpose why they are gambling. Gambling is not a fan game, and those who have a lot of fans or supporters will win, but basically it’s based on luck and skills on the team itself to win over the opponents.
252  Economy / Gambling discussion / Re: Is Online Crypto-Gambling Legal in a Country Without Gambling Laws? on: March 16, 2024, 03:42:22 PM
legality of online crypto-gambling in countries like the UAE or Saudi Arabia, where traditional gambling is illegal, is a complex issue.
Places where gambling is illegal can easily state any form of gambling is illegal, but when it comes to crypto currencies I think you can get away with it as these are more like a whole different jurisdiction...and besides you are always playing online and I think you can get away with it because they don't have a physical presence....and not forgetting there is an aspect of recognising whether crypto is legal tender or not which also adds complexity to this issue!

Otherwise, no laws means no offence!

Is Online Crypto-Gambling Legal in a Country Without Gambling Laws?
If no gambling law's exist, then this is No man's land and you can't be prosecuted by non existing laws!! Happy days for you buddy Wink

Are there countries actually who have no gambling laws? Because as far as I know, every country certainly has, most particularly for Islamic countries where laws are based on Quran, and all forms of gambling are explicitly banned, online or offline. However, since crypto gambling can be privately done at home online, then even if it’s illegal, gamblers will definitely find ways on how to access crypto gambling.

There are certain countries who actually legalize crypto gambling but majority still considered it as banned. And until bans are not lifted, people should always stick to its country’s gambling laws, otherwise they will be given proper sanction for breaking those laws.
253  Economy / Gambling discussion / Re: A call to self-examining our gambling habit. on: March 15, 2024, 11:36:33 PM
It is something that should be done so you know when you’re stepping out of line, but it’s not the case of what is done because people get drowned in the act if gambling that all they ever think is how to stake bigger so they make bigger. They may not even be subconsciously doing it, some people know that the habit is growing in them but the spirit of money overshadows the thought and they keep gambling anyway.  
I think that even without a proper examination, it is still possible for us to identify if we are already stepping out of the line or not by basing only on our actions. It is easy to an examination but the hard part is doing a measure to combat our complications once we are positive about it. Not all are rich to have a big capital and to stake more but this is not only the way to earn big.

We can also get them even if our capital is only small and especially if we are playing long enough which can only be achieved by betting minimal amounts, however this still can make the gambler to play frequently, so their small expenses can still add up to a bigger one.
If you are used being a responsible gambler, you will easily determine whenever you cross the line and head to gambling addiction. Your mindset will change, your actions and decision making will also change directions. And you are more chasing of your losses, which if done consistently, will only end up in huge losses. This is why having a regular examination of your gambling habit is a must. You don’t want to gamble and completely lose your control and become all out in gambling, that will certainly put you at a high risk of losing. So if you can check your gambling habit every now and then, it’s better you comply to that before you see yourself losing and regretting in the end.
254  Economy / Gambling discussion / Re: Should Online Casinos Publish Their Bankroll? Your Thoughts? on: March 15, 2024, 10:32:16 PM

Can't force them to make it public but sure it's a good idea to ensure the public they have the funds. It's a matter of transparency but this will also expose them to people who will try to ruin their reputation to their bankroll alone. Can't say it should be imposed on all after all there is no regulatory board that will make them do it for the casinos in crypto.

Let's say the casino's bankroll is already dwindling and people know about it. They might not be able to emerge from his blow because when gamblers see it, they will avoid playing at this particular casino.
This is probably one way to attract players in their casinos, by being transparent and let the public know that they have established sufficient funds and that they are capable to pay if there are lucky winners who are able to hit jackpot prizes when they play. And this will encourage more players to play in their site knowing their games are fair and are not rigged.

However, when it comes to a point wherein that casino is no longer productive anymore, I guess if they still remain transparent to the public, that would discourage players play in their site and will force to find more huge and reputable casinos that can pay them easily whenever they hit big winnings from betting.
255  Economy / Gambling discussion / Re: When is best for a player to draw the line? on: March 15, 2024, 09:25:07 PM
Stop when you lose all the money you set aside for gambling, stop when you win a good amount of money.

Unfortunately many gamblers did opposites, they will gamble without thinking about their losses and when they're win, they will try to gamble more in order to achieve the biggest winnings they can make.
Gambling is just between winning and losing. If you are losing your funds consistently, to the extent of breaking your budget in gambling, then this is a good sign that you should stop gambling already. Otherwise, you’ll face big troubles when you happen to lose all your hard-earned money just because you find it hard to stop your gambling urge.

Now, if you are winning at a consistent basis and you end up saving huge profits, that’s the best time to stop gambling and leave the casino immediately. Otherwise, the casino will take back your profits until you lose them all again in the house just because you fail to manage your greed for gambling profits.
256  Economy / Speculation / Re: Bitcoin might reach $100k before halviing. What is your exit strategy? on: March 14, 2024, 11:35:20 PM
No matter what happens to the price, and no matter what people answer, everyone will act in their own way, looking at how quickly the price will rise. I don’t know what I will do, since greed will certainly work more than reason. Waiting for more and more increases will, of course, motivate people to stay longer. But we all saw that Bitcoin could return to lower prices, although yes, I don’t think that this time the fall could be serious.
This is why setting a desired price to sell from the start of investment is crucial. Because let’s admit it, everyone is greedy with how bitcoin price can far go. But if you will simply follow your emotions without creating a good market analysis, you might see yourself losing in the end. Sell when you think you’re already in profits, and hold if you see there are still high potentials for price increase later on. But always remember one thing, you navigate your own fate from your investment and success does not need to be dependent from other people’s views and insights. Stick to what you think is right doing, regardless of how bitcoin price will move in the next days or months.
257  Economy / Economics / Re: Early exposure of children to wealth and investments on: March 14, 2024, 10:37:24 PM
I do believe that children should be exposed early to their family’s wealth and investments. It’s not to pressure them early or to make them feel how privileged they are, but to make them grow responsibly and develop more awareness on their businesses as early as their young minds. So that their potentials as investors as well will start to evolve as early as possible as they are they keys for the future growth and expansion of their family’s business.

Otherwise, they’ll  be naive to their own investments and when their parents suddenly gone, it’s like the time and efforts invested by their parents will come into waste since they can’t continue to manage the investments because of their inability and incapability to head they businesses.
258  Economy / Trading Discussion / Re: Trading Or Investing which one is better to focus on right now? on: March 14, 2024, 12:02:11 AM
What do you mean by trading and investing, those could be both in aspects of having a risk, in trading you can do spot trading or investing which common concept of buying low and selling high, or you can do futures trading which you watch the market price movement so you can trade. It depends on you if you have time you can watch the market every day and try to make a profit with its volatility, or if you don't have you can do just spot trading make a DCA or accumulate as much possible like this coming event of halving people grabbing the opportunity to earn money with the upcoming all-time high.
I do agree that it is something that will take a while, and it shouldn't really be all that confusing to many people, I feel like that should always be something that would be a little different. I hope to see some changes here and there, which would mean that we are going to end up with a lot of trouble if we are not careful.

I believe that we are going to end up with profit either way if we know what we are doing. And yet, if we do not know what we are doing both could be horrible for us, so when we are picking, it is not about this or that, it's about what type of thing could we do, if we can trade better then we should trade and if we invest better we should invest. Get to know yourself and what kind of person you are.
Both can be profitable if done with proper management and skills. However, while trading and investing can both promise immense profits, but taking such risks without knowledge and experience can also mean the opposite thing, that is ruining all your funds and making you upset in the end.

This is the reason why we have to study the market condition at first if it’s going to maximize our profits or pull down our future profits. But I firmly believe that since we are still approaching bitcoin halving, hodling is more recommended even from those who are legends here, and just resort into trading when the final bull run is actually happening. However, this is just from my own point of view, as I’m seeing bitcoin as a long term investment rather than focusing on its uncertainty.
259  Economy / Gambling discussion / Re: A Man bet his life savings on 1 spin of Roulette on: March 13, 2024, 11:34:59 PM
Some people are simply idiots. But first I wouldn't believe everything I see in videos like that. Would that man have done the same if there wasn't a camera in front of him? Besides, how can we be sure that they are his life savings?

If they were his life savings, I wouldn't be surprised if he would soon lose them with one gamble or another, or with drugs, or something, because those who take that kind of risk usually end up in a bad way.
Risking in gambling all his life savings, that person alone must be certainly insane. Even in potential investment like bitcoin, a wise person should never invest all at once his life savings, otherwise he’ll end up homeless and financial loss.

However, you are right there that not all videos are believable. Some are just a twist or something. But if it’s really true that he’ll be gambling all his funds, I guess we don’t have hold onto it, his money his rules. As simple as that.
260  Economy / Speculation / Re: At what price will you bitcoin holders sell if we have a major price spike? on: March 11, 2024, 04:23:51 PM
Why sell at all?

It's smarter to keep your profits in Bitcoin.


Absolutely. If you believe that bitcoin has huge potentials to reach even a million, then don’t force yourself to sell early but hold continuously until it satisfies your greed. However, if you want to enjoy also the fruit of your sacrifice, then selling a portion of your bitcoin is not bad at all, like selling when $100k is achieved. Don’t worry if you can’t maximize your profits, having the thought that you still have future profits ahead waiting for you is already fulfilling enough.

For now, continue to observe the market and if possible, continue doing DCA. After all, even if price correction happens, once you continue to hold, you won’t still lose your bitcoin.
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