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1  Economy / Gambling discussion / Re: Phil Mickelson Opens Up About Losing MILLIONS From Gambling on: July 04, 2022, 09:48:36 PM
Super competitive people like Phil Mickelson and Michael Jordan seem to have a problem when it comes to gambling.  It's like their mind can't comprehend not being able to win at something, so they convince themselves they can win, even though the odds are stacked against them.  I'm sure a lot of the time having huge pockets helps them keep going until they get ahead, until that stops working.  Then they find themselves in a massive hole with no way out.  Luckily, these athletes have a ton of money so they can afford the loss, but most people in this position and with this belief they can win end up losing everything.  I'm glad these athletes are speaking out, because I'm sure they'd all be a lot better off if they never wagered a dime.
Yes, they can clearly afford their losses because somehow they have anticipated it too. But the gambling addiction that has developed more may lead to more unbearable losses in time. That made us realized that gambling will never do good in the long run. However, in this case with these big time celebrities, maybe it could be harder for them to realized that but when they nearly lost everything, that's when they start to discover the fact that they are not gambling to be productive anymore.
2  Economy / Gambling discussion / Re: [Boxing]: Ryan Garcia vs Javier Fortuna - July 19 on: July 04, 2022, 09:13:38 PM
Actually, this can be a hope, especially for me because it will be very exciting to see Davis, especially for now they have quite a name in their class.
But indeed, if you look at it now, even if it is possible to happen, I think it would be very arrogant if you directly make something like this, but on the other hand, you still have to face a battle that, even though you are superior, does not rule out the possibility that something surprising will happen.
Yep it happened on July 16th at the Crypto.com Arena in Los Angeles which was expected to be packed with 20,000 fans.

He needs to put his mouth into his clubs and impress the fans, if after this fight he made an impressive performance expect to see more noise about the possibilities of his next money fight, though just the same, he needs to win first before expecting another good fight to come, there are things that Garcia needs to establish against Fortuna a good ticket to have a better future career inside this sport.
And that this golden boy needs to prove not only to the audience but to his opponent as well that he is just not on more talks and assumptions, he  needs to beat Fortuna first so he can finally take himself to a higher level. I have seen how Ryan made his last fights and he really has the guts to win in boxing, but with Fortuna around, i think he'll be a loser this time.
3  Economy / Gambling discussion / Re: Common Types of Bonuses Offered by Online Casinos on: July 04, 2022, 08:29:59 PM
Do you check the types of bonuses offered by an online casino before signing up?
It can be very misleading if bonuses are the first and only thing you consider before signing up for an online casino, you may sign up for a dubious casino even without your knowledge. Some dubious casino's can take advantage and offer very enticing bonus to lure unsuspecting user's who consider bonus first and not credibility and long time record of a casino they are about to sign up for.

As much as bonuses are good, we should avoid following after bonuses blindly.
That's mostly the case as gamblers are more fun of bonuses and free money that makes them more attracted to a certain casino site. But if you take that as your reference to find casinos, and not looking first the credibility and the feedbacks of the players, then it's something that will trigger more scams because you show them the intentions first. You may fall gambling in dubios casinos and get scammed and end up leaving without nothing to gain.
4  Economy / Gambling discussion / Re: What Type of Gambler Am I? on: July 04, 2022, 08:08:21 PM
Well I don't really know the type of gambler that I am but I think I am a casual gambler. I gamble anytime that I like with looking at many factor of whether I have to win by all means. I don't take gambling as too serious because I have other means in which I make money. Gambling is not meant to be taken too seriously because we can lose money anything if we are too greedy or too money conscious. Gambling is supposed to be taken light and not too serious just like as many of us used to see it. Lucky comes to us anything so winning a bet is not always certain.
If you are just to gamble for entertainment purposes only, then most likely you are a casual social gambler, same with most of the gamblers here. Although i'm also not certain as to what kind of gambler i am, but the fact that i never gamble to earn a living and i'm not that greedy to make more profits, maybe i also belong to a casual social gambler. And mostly, i go out with my friends to gamble because for me, that's also part of social recreation.
5  Economy / Gambling discussion / Re: [Boxing] Mark Magsayo vs Rey Vargas WBC Featherweight Title (July 9) on: July 04, 2022, 07:42:04 PM
As I expected, Mark is going to be the underdog here, several pages ago, there was argument as to why Mark will be the underdog. So I guess crypto sports bookies knows a thing on two on this fighter and put Vargas slight favorite.

But I guess this is a good chance for us to bet with Mark since we are going to support him. Still very good and attractive odds in my opinion.
Doesn't matter for Magsayo if he will be listed as underdog, the outcome will not be based by how the bookies list him. Instead, that will be a good opportunity for us if he's really going to be listed as underdog in our favorite sportsbook but I doubt it for now, I guess he will still be listed as the favorite to win. Well, we will know it soon and maybe next week it will be posted.
Magsayo has earned the trust of audience when he won against Russell but i think fighting with Vargas now may also be a different case. Vargas has quite impressive wons and i think that may trigger the performance of Magsayo in the actual fight. If he will be the underdog this time, i think that alone is a challenge for him to prove what he got in the ring. Either who will be listed as the underdog, what's most important is that who will be the favorite in the actual fight.
6  Economy / Gambling discussion / Re: Inherited gambling on: July 04, 2022, 07:08:07 PM
Gambling can be genetic and passed on to offspring, but I have noticed that females are not addicted as male when it comes to gambling and that gives me doubt about it, or maybe that is how it is in my region, men are most into gambling. Or maybe the gene is more concentrated in men than women.

No one can blame addicts, but any bad deeds done by them can be punished. The more fact we need is that addiction is not good, it can lead to a kind of life someone do not wish for himself, the reason we should use just the amount of money we can afford to lose and nothing more than that.
I can attest to this as my father was also a gambler, that made his son a gambler too. But being an addict to gambling, i think its more on the loss of individual's control, and not because it flows on the genes. And eventually, addiction leads into something more dangerous that can certainly ruin the whole personality of the gambler. That is why we should never gamble for profits, but only for entertainment purposes. 
7  Economy / Gambling discussion / Re: Does bitcoin dump have any impact on gamblers ? on: July 03, 2022, 11:41:40 PM
Gamblers around the world use crypto and bitcoin to play the bets. Do they really care if the bitcoin prices dump hard? I know traders are directly impacted by this dump, and investors are also in panic but what about gamblers. Their motive is to play gamble and they may not be a concerned if the price of bitcoin is declining sharply?
I've been thinking to myself about this question, as I never imagined this situation.
I don't know, maybe yes but maybe not, I believe that each gambler thinks differently about this great devaluation that we are currently having.

I imagine it doesn't affect so much, because there is a great chance that gamblers will still act even with this situation we are currently having.
Gamblers will never be bothered with so much volatility in bitcoin, because they are focused on how to win from their bets and make good profits. But I believe gamblers may also have different views about this and some will most likely to gamble when bitcoin is not experiencing a price correction. Although in the end, gamblers will always find means to gamble and make profits, regardless how bitcoin price is crashed or not.
8  Economy / Gambling discussion / Re: To build your Professionalism on casino on: July 03, 2022, 10:46:38 PM
A person needs to think deeply about a few things before starting gambling in online. Adherence to these principles a gambler have more chances of getting success in gambling platform which can make a gambler responsible from the start.

Things to obey:

1. A gambler should gambling as an entertainment, not as a way to make money or the earning source of money.

2. Don't try to bet with your everyday life leading money which is very much needed or can't afford to lose  like billing, rent, food or something like that.

3. You should Understand the potential of the game, embrace it wisely and predict your chances of winning at that particular game.

4. It is more important to read the terms and conditions carefully other wise everything will be invalid.

5. No betting on YouTube reviews or anyone's advice. Prepare yourself to understand the advantage or disadvantage.

6. If you lose your assets then donít pursue the losses.

I think your success in gambling will definitely visible if you follow the these instructions. Here  you can add your knowledge and experience for the flourishing to this concern.
Everything you have mentioned above are the facts when it comes to gambling. However, always know that losses are still inevitable and even if you apply all these principles, in games where luck is based, you can never tell that you will end up successfully. These may not guarantee a sure profit strategies but one thing is certain, you will start to minimize your losses knowing you only gamble for fun and you only spend money on the amount you can afford to lose.
9  Economy / Gambling discussion / Re: An alternative to gambling with money. on: July 03, 2022, 10:23:49 PM
The most popular suggestion you can get when trying to quit gambling especially when you are continuously loosing money is mostly that you should just stop gambling itself. This sounds like an almost impossible task for many who are already hooked to it and just hearing that alone is discouraging. A better suggestion and an alternative to quitting gambling completely is to start betting with fake money gambling apps. With FAKE MONEY GAMBLING APPS, you can continue gambling on the app even on live games, but with fake money. So in reality you can maintain the experience you derive from gambling and not loose any money except the fake one in the process.

Although the original idea behind the creation of such apps was to provide a platform were individuals can practice their betting skills without loosing money before actually gambling with real money, i still find it useful to those trying to quit because they keep loosing money.

In Order of user rating and for suggestion sake, some of the best fake money gambling apps according to user experience, core functionality & innovative solution are (please note that some of these apps still offer real gambling services, and if you really want to stop loosing money, you should avoid)                                                                                                                                         
Quote
- Bovada is an app made by Toloka Product. It has an average rating of 4.9 and has received 6648 ratings.
- DraftKings Ė Daily Fantasy Sports for Cash is an app made by DraftKings, Inc.. It has an average rating of 4.5 and has received 81454 ratings.
- BetQL Ė Sports Betting Data is an app made by QL Gaming Group. It has an average rating of 4.2 and has received 591 ratings.
- Sports Betting Tips & Sports Picks by KingPin.pro is an app made by www.KingPin.pro LLC. It has an average rating of 4.2 and has received 376 ratings.
- BETUP is an app made by UPAPP. It has an average rating of 4 and has received 31685 ratings.
source

What is your opinion on Fake money gambling apps, do you recognize the potential I think they have to assist in reducing the number of gamblers who loose real money?
It's still a form of gambling that continue to heighten the interest of all gamblers to engage in real life gambling. So for me, it's not helpful at all. The only difference is that you lose but there were no real money involved, it's like a game before where we used to be fond of play money back in our childhood days. However, if one aims to stop gambling addiction, then he should not be involved anymore in all types of gambling games. Instead, making another hobbies that can divert a gambler's interest will always be a good option, but make sure the family is always around to assist the gambler.
10  Economy / Gambling discussion / Re: Reasons why people avoid KYC in gambling casino ? on: July 03, 2022, 09:58:40 PM
It's been observed that gamblers prefer to play on casino which do not enforce KYC. Well, let's discuss what are the main reasons that they do not want to show their identity and gamble anonymously.

They don't trust the casino as the casino might misuse the kyc documents or the gamblers want to gamble without telling anyone that they are the gamblers,  gambling is illegal in their region or religion and they want to hide their identity or there could be any other solid reason?
Regardless if gambling is illegal or legal in a certain country, a gambler will always seek for privacy maybe because being an anonymous gambler will free you from all sorts of negative accusations from other people, and will always give you freedom to gamble here and everywhere. Also, if you are a jackpot winner, that won't make your life the target of all scammers or criminals. This is why a lot really hated this KYC implementation when gambling.
11  Economy / Gambling discussion / Re: Gambling is for big bag holders on: July 03, 2022, 09:38:00 PM
After this experience I believe gambling is for the big bag holders, if you're in urge of making a win.

Gambling is not only for those people you've said. It depends on luck no matter how much money you have. There are others who only have small amount of money but still able to win a huge prize or even hit the jackpot.

Martingale once again a failed strategy when you don't have big bag of money.

Did you expect that using that strategy is a sure profit? If I have a huge amount of money, that is the strategy I will never use. It's like burying yourself into your own grave everytime you lose.
In gambling, there are no strategies that guarantee sure profit, everything is still played more on luck. However, playing with this martingale strategy may lead you to a loss-averse mentality but it will also be one way to make you lose instantly. So if you have huge amount of bankroll, you may have more chances to win but with a single loss strike, everything you have in your bankroll will be gone instantly. It's even putting yourself at a high risk.
12  Economy / Trading Discussion / Re: Enter the market with a loss mindset~what you can afford to lose on: July 02, 2022, 11:26:45 PM
I love this momentum when we all have our equal chance to grab more altcoins that we love or even the main coin which is Bitcoin. When crypto is in the sale like this many people avoid crypto since they really believe to media that tells Bitcoin is dead bla bla bla.. I pity them when they didn't know the risk and didn't know the opportunity behind that risk and only came back when the crypto price on the new ATH.
Thatís when most of the people only came to invest because of greed, and that they always believe that the market will always be at its best, and when tough times happen, they eventually turn into weak hands and leave the market. Maybe because they know the risk in crypto but are not willing to take the risk because they lack the faith in crypto.
13  Bitcoin / Bitcoin Discussion / Re: Bitcoin has reached a point of no return on: July 02, 2022, 09:40:53 PM
I believe Bitcoin reached the point of no return in that sense when it recovered from the 2018 fall of the price. Many thought Bitcoin would never reach $20k again, and it's been years before it did, but it happened and, as we know, the new ATH was established. I don't think that it's reasonable to believe that Bitcoin will die after it recovered from that situation, unless something very serious (like WW3 or breakthrough in quantum computing) happens. The last years have shown that things most aren't waiting for and that haven't happened for decades can actually happen, so who knows, but until then, Bitcoin is likely to stay afloat and continue growing long-term.
Despite of the uncertainties pertaining to bitcoin, one thing is certain is that bitcoin price will drop even at its worst but will always recover in time, some only take months but maybe this time, maybe a year before the bearish market is finally over. So there's no reason to believe that bitcoin will collapse and end up dying, because history always carries the truth. But because its always highly volatile and unpredictable, people who lacks the faith will never stop from doubting. 
14  Alternate cryptocurrencies / Altcoin Discussion / Re: Looking for a crypto that won't depend on BTC anymore on: July 02, 2022, 09:17:20 PM
The majority of investors and traders are increasingly understanding crypto fundamentals before investing, is there any crypto that moves itself according to its fundamentals both now and in the future?
If you want to invest in an asset which is not influenced by bitcoin then you need to look at other markets because that is not something that you are going to find here, think about it, the market dominance of bitcoin is above 41%, and those are the official numbers, I would not be surprised that if we excluded centralized coins, stable coins and the fake market cap of many coins this number easily reached 70% or more.

This means that whenever bitcoin makes a move the rest of the coins move with it simply because bitcoin is that big, so if this is a situation you cannot tolerate any longer then it is better for you to look for assets in other markets in which you will be interested to invest.
The whole crypto market is dominated with bitcoin, given that fact, it's hard to invest in such coins wherein bitcoin's position will not influenced it. Although stablecoins are always free from the manipulation of bitcoin, and they remain stable despite of the market volatility, but investing in it do not guarantee risk-free. So apparently, your choice will always reflect your amount of returns. Otherwise, don't invest in the crypto market if you want to stick for coins that don't have bitcoin significance.
15  Economy / Speculation / Re: How do we spot the crypto bottom? on: July 02, 2022, 08:53:54 PM
Hi

Been wondering how to tell we have reached the crypto bottom? have we already bottomed out(I personally don't think so im not sure). If we look at the current world financial system - it looks dire. surely this will all have a impact on people investing in crypto and when funds are short, may even withdraw their investment.

Personally, because of the state of the financial system, I cannot see how crypto can become bullish as long as the world economy doesn't show signs of a recovery . I could be wrong though ?

what are your thoughts on this? Is a further crash on the horizon?
The market will still be bullish after a long term bearish season, and i think the people have already seen it coming. However, there is no way that the market will eventually recover easily from this very dump market. There might be further crashes along the way, and that this current price may not be the bottom for bitcoin. But never panic, as big opportunities are always seen when the market turns more bearish. It's just that we have to take advantage and start buying with the current price, or so DCA, as no one gets to know what is the bottom value of this bear market.
16  Other / Beginners & Help / Re: The fear of Negative trust and Ban on: July 01, 2022, 08:44:04 PM
It's an undeniable fact that, the fear of Negative trust and being ban from the forum is the reason most newbies with myself inclusive, do not contribute much to the growth of the forum. However, I will advice all new members including myself, to be acquainted with forum guidelines in order to guarantee safe usage of our accounts. Although, it's quite kinda difficult to be conversant with all the forum rules since they are not documented in a single thread. I guess the reason for this is due to the large nature of the forum and as such each section might have different and interrelated rules. In an attempt to make myself and other new members to be conversant with the forum rules, I'll recommend these threads for guidance.
1. https://bitcointalk.org/index.php?topic=1689727.0
2. https://bitcointalk.org/index.php?topic=5184741.0
3. https://bitcointalk.org/index.php?topic=703657.0
4. https://bitcointalk.org/index.php?topic=5277049.0
I'm pretty sure that, thoroughly going over the above threads might help you get rid of the fear of Negative trust and being ban from the forum. I wish you all good luck throughout your staying 💪
There are certain rules in the forum that will make your account safe at all times, and if you are bound not to go against with the rules, then you donít have to worry after all. Negative trust and banning are only made possible if the admin sees you not a productive member, but a threat that could ruin the goals of the forum. So never create shortcuts or things that are considered red flags, otherwise youíll be permanently banned in the forum in no time.
17  Bitcoin / Bitcoin Discussion / Re: Strong Hands Are Buying on: July 01, 2022, 08:11:07 PM
We know what time we are going through right now, but we believe everything will be over very soon. And we are hearing lots of FUD and what we are doing is only sharing the news and creating this FUD viral, but those who need opportunity, they just make something else happen. But it's true that this 900B down makes the times very tough for us. But those who believed in crypto saw an opportunity at this time. who we call the strong hand. And they are grabbing much more this time. In the meantime, two of the most powerful crypto influencers added more bitcoin to their treasury. And that is called strong hands grabbing bitcoin.






We really expect for these great crypto influencers to always take the lead in the market through making a maximum purchase because they never have doubts in the great potentials of bitcoin. If they have seen this coming, then who are we who are not gonna take advantage of the market. Although itís still an individualís choice, but not taking a good move right this time is just another missed opportunity like we had before.
18  Alternate cryptocurrencies / Altcoin Discussion / Re: Just my one cent advice on: July 01, 2022, 07:41:34 PM
Anyone noticing new projects still raising millions of dollars? Mohash and Dynamic for example, I think new projects will replace lots of top altcoins in coming years and my advice to young investors is to find new projects to mix with their portfolio, remember that Matic, Polkadot, Avalnache are once all new projects in 2018/2019..
There will always be new projects that will come to replace those old ones, but the question is are they reliable or not? Because as most have seen in the current market, new projects were not able to sustain their high value and eventually get doomed when there is a big crash in the market. The reason why wise investors are not tempted to invest in new projects, because those old and established altcoins are still worthy to keep and hold.
19  Economy / Trading Discussion / Re: How long do you think the market will take to recover? on: July 01, 2022, 07:16:31 PM
Cryptocurrency is currently collapsing. And the total crypto market cap is now less than $1 trillion.

The market is red, and every cryptocurrency is crashing. Is it better to wait for a further drop in Bitcoin and Ethereum, or would DCA be better?


What will happen next?

How long do you think the market will take to recover?
Honestly, no one knows how long this market will stay bearish and if it recovers, i do think that it's not going to happen easily. However, isn't this the perfect moment we are waiting to happen? Bitcoin and ethereum are now very cheap, including those potential altcoins that could also be profitable in the future. So never wait for further price drops, doing DCA with bitcoin will be more useful as it increases the volume of bitcoin in your portfolio. Buy some altcoins too if you wish, but prioritize on accumulating more bitcoin.
20  Economy / Economics / Re: if you think 18k btc is low wait until autumn ... on: June 30, 2022, 09:42:32 PM
if you think 18k btc is low wait until autumn ...

I think it will reach 500-1000 USD max as you can't use to sell stuff and big whales already moved their money ...

In 2019 btc was already 9000-10000 USD , do to pandemic people invested a lot  in btc.
Now btc has already touches $18k, and most likely the bearish season continues which will certainly bring more price drops for bitcoin. Well, as long as the market remains low and bearish, then we can just expect inevitable price downtrend as its what bear market is all about. After all, we won't sell our coins in times of losses, but this long term bear market will always bring a lot of opportunities to invest, we just have to invest in the right coins so we can expect huge profits after long term hodling.
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