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1101  Economy / Economics / Re: The poor people with their reasoning on: January 05, 2023, 08:51:03 AM
How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.
You have a point. Just like the saying "no pain, no gain", one needs to take risk in order to gain something. However, how can a poor people invest if their income is just enough for a living? The number 1 rule is only invest what you can afford to lose, but if you're poor, obviously you can't do that since every penny matter. But if there's a will, definitely there's a way, therefore if you're poor but determine to become financially stable then you'll do something to change the way you used to by working hard and never be contented to live as poor.
Well, we can say that "investing" is not on their mind. I know these people want to improve their living and dream to become rich but unfortunately, they are not capable to do that. Investment needs capital - and this is what they miss. That is why they just prioritize earning money and working hard in order to survive. And they only hope for LUCK - they now put their future into gambling that is why we can see a lot of poor people are into buying lottery tickets hoping to have luck and become rich instantly. A wrong mindset but I understand their situation.
1102  Economy / Gambling discussion / Re: [Boxing] Devin Haney vs Vasiliy Lomachenco on: January 04, 2023, 01:42:19 PM
This is going to be a tough fight for Lomachenko. If this fight really going to happen, then Lomachenko is going to be 35+ years already. While Haney only 24. I see that Lomachenko has difficulties against younger boxers (Lopez is a good example). I think the time will take its toll and in this fight Haney is going to win by decision. Loma is not in his prime anymore. He fights rarely. Compared to Haney, whos career is in prime. While this fight is not 100% confirmed, the time is working against Loma. 3-4 years ago I would go with Lomachenko, now I am in favor for Haney.
Lomachenko had a problem against Lopez because he claimed that he had an injury that time, so this time I believe he is already 100% healthy and there will be no more excuses in case he will lose against Haney. This could be a big fight for him but it's not new to him, maybe this is a tough fight for Haney too as I believe he hasn't face a boxer that is as smart as Loma.
1103  Economy / Gambling discussion / Re: Boxing: Errol Spence vs Keith Thurman on: January 04, 2023, 01:02:51 PM
So does it mean that Spence is going to fight Thurman now? or he is gauging what the public opinion is and fortunately it was a hit for those who voted because they want Thurman to be his next opponent.

And it seems that they accepted that he won't be fighting Crawford or Ennis next because of the high risk low reward for him.

So hopefully he has finalized his decision to fight Thurman this April.

Just because Spence posted this poll from his official Twitter account, it doesn't mean that he is going to schedule against the athlete who gets the most number of votes. I posted about the poll, because this is the latest news that we are having regarding the fight. IMO, he just wants to keep up the hype. I am OK with either Crawford or Thurman. But they should make the announcement at least by February. It takes some time to analyze the odds and decide whether to place a bet or not. I don't know much about Ennis, so placing a bet is going to be risky.

Yeah, but it just coincide with the title of this thread? it's supposedly Spence vs Thurman and then the poll shows that his fans want Thurman to be his next opponent. So it's either this fight is off now or the fight is going to happen as the fight fans voted their for Spence to fight Thurman.

And so it will be a disappointment again if Spence will chose other fighters in his April fight. Crawford is out of the picture and as I have said, Ennis is fighting on the undercard of Davis vs Hector Garcia and might not be available in April and then the high risk low reward that we are talking about. Unless if will be mandated by one of his belts that he need to face his mandatory - Ennis next.

If he will find another opponent, then I don't understand boxing anymore.

he should not go anywhere as there's already a clear fight for him that is also competitive and him being the defending champ.
https://www.boxingscene.com/errol-spence-vs-keith-thurman-title-fight-approved-by-wba--170619

Quote
Errol Spence vs. Keith Thurman Title Fight Approved By The WBA
What would happen to that? Why is Spence is not accepting challenges on legit opponent that has a big chance of beating him?
1104  Economy / Trading Discussion / Re: Many signals don't work now like they use to be on: January 04, 2023, 06:51:52 AM
Any good signals ?
Right now many signals don't work how they use to be
Yesrterday shiba signal long was given out from the trading signals channels still not moving.


You only fail to rely on signals OP. Actually, I'm wondering why many traders are using this one because, in the first place, nobody could prove that signal works perfectly or at least it shows well. In fact, if we really think hard, it is certainly impossible to work in a volatile market. That is why I could say that trading is not an easy job but some people survived trading because they were able to adapt to the market condition and are patient.
It was impossible to earn a profit from trading without signals because what we just need are knowledge, skills, and patience.
1105  Alternate cryptocurrencies / Altcoin Discussion / Re: The Dev is not your friend, so be careful. on: January 04, 2023, 06:08:38 AM
Investing in a project that we never know yet or had no knowledge about the background of the said project was a suicidal move. Just like in investing in new projects we can't assure that it will succeed and give what the devs had promised to the early investors. As we can see, many new projects had failed, not totally because they are scams but also due to a lack of support from the team itself. That is why if we are wise investors, thinking about investing in new projects is not really a good choice.
1106  Alternate cryptocurrencies / Altcoin Discussion / Re: Be careful with new projects that introduce new Stable coins on: January 03, 2023, 02:27:39 PM
Be sure to understand how a Stable coin is designed before storing your assets using them, most stable coins have failed since last bear market season, from USDN to UST and USN, there are many more that I don't mentioned.

Well, honestly I don't trust stablecoins anymore. Though sometimes I use BUSD still I'd never see that it was safe to store them and consider them as investments as I learn from the Luna scam after all.

For any new projects that mentioned stablecoins, I simply ignore them. It is better to avoid from the centralized projects rather than having regrets later. At this time, we don't just think about how much we earn but it was more important to seek security. Mostly scam happens to new projects, why we should risk our money if we have another option to choose?
1107  Economy / Gambling discussion / Re: 2023 NBA Season on: January 03, 2023, 10:51:20 AM

Yeah, another one for the books this season, when they thought that they have won the game, Mitchell find his zone and they closely chirp that lead and he was short of just 2 rebounds to make it a triple double and bested what Luka did.


This season is a whole bunch of surprises causes these young lads are doing great even when they've not yet reached the championship games. After all, it's all about the team and I think this is the new trend nowadays hopefully we see someone breaking those records in this same season as well. They are focusing on one single player and looks like it works very well nowadays Luka is proving it right where he scored 40+ points in his past few games this season. rather than making some incredible stats for every single player in the starting lineups, everyone focuses to give their star player the assists he deserves.

Mitchell had 71 points, that's extraordinary, he was like the Kobe Bryant of the LA Lakers during Kobe's prime years. We will surely remember that, he has become more comfortable playing with the Cavaliers and just like the Warriors, they are good in defending their home.

It was the first time I saw him produce that huge number of points. I know Mitchell is good but he does not produce like Luka, so this one is really special for him and most especially for the fans. He had his own version of Luka, intentionally miss the FT, and shoot the ball to bring the game to OT. Imagine, at some point they were down 20 points, and slowly they come back to beat the Bulls.
1108  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: January 03, 2023, 10:08:31 AM

Hope that both teams will show 100% energy tomorrow and we should expect a close game throughout Game 3.

They will because this is game 3 and it's a very important game for them.

The line now is already available at stake.
https://stake.com/sports/basketball/philippines/pba-commissioner-cup/43221241-barangay-ginebra-bay-area-dragons

Ginebra is still a slight favorite with 2.04 ML and +2.5 on the spread.
1109  Economy / Gambling discussion / Re: NBA 2020-2021 betting on: January 02, 2023, 08:57:37 AM
Everyone was expecting Giannis to play, but he didn't play last night. That's why they lost the game and everyone's bet lost.
If I had known, I wouldn't have played.
Only my Memphis bet won.
Sometimes it's nice to put our bet during game time, this kind of bad news is inevitable, so that will make our bet useless as we will likely lose. On the other hand, it could also be on our favor if the star player of the opposing team will not play, so it's just a gamble, but if you don't wanna gamble like this, better wait until game time.
1110  Economy / Speculation / Re: Will Bitcoin Die or Pump Up in 2023? on: December 30, 2022, 11:02:47 AM
Again, Bitcoin and dying in one sentence doesn't make sense, it's too big to fall at this point.

This is just another bear market for us, I know everyone is not comfortable, but I guess as we go along in this cycle, we will understand that this Bitcoin's natural path. So next year, maybe it could be worst, but don't be afraid and say that it's the end of it.
Fear and Uncertainties keep influencing the mind of many people who just come during the bear season but for us who have experience in the past bear season, we could say it was not totally the worse case that happen in the market. Indeed, it was natural, and whether we like it or not, prices will fall into such a trend usually after the bull season which we experience last 2021. Yet, we can't expect this will end next year but probably it will extend. 2023 will still not be a great year but I hope we can see some changes in its demand as it will affect the market price.
1111  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: December 30, 2022, 07:57:40 AM
Yes you are right that mate 7 foot tall guy in Bay Area is a nightmare of barangay ginebra as we all know that if they go to a man to man defense they can not handle the center of bay are all they need here is make a good team work if barangay ginebra will go for defenses a tight defense will be recommended. And in terms of offense all they need this that make the ball faster in rotate so that they can find their open teammates and fire for the free points.

They are not using him so much because Ginebra can easily make an adjustment and they love to run. This big man will make the play of the Bay Area slow and that will be taken advantage of the Ginebra especially on the fast break. He maybe so dominant in the center but with Ginebra good strategy on denying him the ball, he cannot be effective.

Yeah, he was barely used in this series, even against the SMB, JMF can still find a way to make points even guarded by a 7'5 defender. That's a big disadvantage of tall player because they don't run fast and they don't have a good shooting stroke outside. I guess even without him, Bay Area were still able to manage in defeating the Ginebra, but let's see what will happen in game 3.
1112  Economy / Gambling discussion / Re: 2023 NBA Season on: December 30, 2022, 07:29:44 AM
How about the Nets winning 10 straight. That seemed like a pipe dream a few weeks ago. It seems like they’re starting to get it figured out....
Yes impressive streak after all the drama and toxicity around the team. It's probably the result of players being happy with their current system. I guess credit must be given to head coach Vaughn as well.

The Nets have been really impressive lately, and it looks like the new head coach is doing well, but I'm still skeptical about this team. The problem is that no one knows what will come to Irving's mind in the future. Don't get me wrong, Irving performs well at the moment, and he's a significant contributor to the Nets' wins. However, we should keep in mind that he did some irresponsible things before, and there is no guarantee he won't let his team down again.
Unless you're a fan of the Nets, any letdown that happens shouldn't bother you. I think it's a positive thing to see the team performing so well. Ben Simmons is a surprise lately as well. Noone even knew if he was ever gonna play for the Nets. Averaging over 8 points a game with 6 rebounds and 6 assists, not too shabby honestly. Not much more needs added for him to be averaging a triple double nightly.

Nets are a shocker in the NBA currently.

Actually, that's because of their bad performance last playoffs and the drama that Simmons had created in the 76ers. But now, look at them, they had already adjusted and had develop a good chemistry, so most probably that will carry on until the playoffs which makes this team a championship contender again.
1113  Economy / Trading Discussion / Re: The patience to hold is a gift on: December 29, 2022, 09:56:04 PM
It's not something that can make us a millionaire overnight but it can take years or even decades because the adoption is not at its highest yet. Until now there are still lots of countries or people who are not yet on them but they will soon discover and get involved with it. It might be true that patience is a gift but if you are not blessed to be given by it then it is still/also possible to learn it.
In reality, the majority are impatient people. In fact, we can take a picture of our family and you will see that many are rushing to reach their goal.
This behavior can't be inherent to others but it can be influenced by a person who has a deep understanding of success. Because reaching our goal needs patience and ample time plus hard work. That is not to wonder why many people lose their hopes and fail because they are not doing the thing they are supposed to do (patience) as they likely it happen instant.
1114  Other / Beginners & Help / Re: As a newbie I stay off shitcoin and it paid off, Bitcoin is the king. on: December 29, 2022, 01:48:41 PM
...Investing in bitcoin have no risk as far as I am concerned because of the trust I have for Bitcoin, and I am taking this bear market as the right time to place my investment, because its a perfect time for me.

It all depends on the price at which you bought Bitcoin. And if you bought bitcoin for 69 thousand dollars, then you would not say that investing in BTC is not risky, since your deposit in dollar terms would decrease by more than 4 times. So all investments in cryptocurrency involve risk, including bitcoin.
Maybe he considers himself a long-term investor and even buying $69k is still okay for he believes that the price of Bitcoin will soon rise and be bullish again. Such a kind of mindset is really encouraging but for us as casual investors who are thinking about making a profit every day, risk will certainly come into our mind, and even be worried about the situation.
Anyways, rich people don't mind if it was risky as they just want to invest and make a way to earn a profit.
1115  Economy / Gambling discussion / Re: NBA 2020-2021 betting on: December 29, 2022, 12:39:15 PM
My picks for tonight.

Atlanta Hawks vs Brooklyn Nets (-1.5) = First Quarter Win 1.77 Odds.

Atlanta Hawks vs Brooklyn Nets (-5.5) = Brooklyn Nets Win 1.72 Odds.

Chicago Bulls vs Milwaukee Bucks = Milwaukee Bucks Win 1.72 Odds.

Good luck guys.

Congratulations for knocking down those 1st two bets. Brooklyn Nets won again and that makes their 10th winstreak this season, it was a close game at first but the Hawks didn't had it their way as the gap became bigger, they tried to rally in the 4th quarter but the Nets didn't let it happen.

About your 3rd bet, seems you'll be having a perfect bet. Bucks seems to have a good run against the Bulls. Congrats again!

I was thinking that Bucks will win because they have a very comfortable lead already, unfortunately, they allow the Bulls to have their run and the game went to OT. In the OT, the home team played better and they beat the Bucks, I also lose my bet because we are on the same side.

Also, I had my bet on the Nuggets, I was happy after the 1st half because they have a very good lead, but in the 4th quarter, they were not able to stop the huge run of the home team. It's a very disappointing loss.
1116  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: December 29, 2022, 12:02:58 PM
Nothing unusual. As I expected, the Dragons won that Game 2 with a double-digit advantage as well like in Game 1.

If you've watched PBA Finals for many times, you might know already that this is "always" the scenario. One team will win and then the opposing team will win on the next game. That's why I didn't surprised when the Dragons won because it's kinda like a pattern just to hype the fans coming into the next game.
I guess the bettors will now be betting on the Dragons in game 3. This is our league, so ref should do something to give Ginebra a favor, it will be easy to manipulate the series to reach in game 7 because both teams are good, so at the same time, the league will also earn a lot of money.

Don't like to see a game where a big lead always happened. I want to see several exchanges of lead, especially in the last quarter where everyone watching will be put on silent mode as no chance of seeing who will win at the end.
Not in the first games of the series.
I expect this kind of game to happen on around Games 4-6 or 7 if it will go to 7 games. TBH, Ginebra is trying to cut the lead, but the problem is that their offense is almost non-existent. Only 2 players got in double digits against 4 on the Dragons. They will be going back to the drawing boards and find an adjustment to their mistakes.

It's already tied so I guess the excitement is back again.

I'm hoping that we will have an exciting game 3, a close game would be fun to watch, and with that, the advantage will be on the Ginebra because of the points handicap they have.
1117  Economy / Trading Discussion / Re: BTC Price Drop - How are Bitcoin Long-Term Holders Responding? on: December 28, 2022, 12:06:03 PM
Honestly, we have nothing to do about it nor have a way to stop it. It declines that no one would be blamed as the market is designed to have up and down. As a long-term holder, I didn't bother to see the market all the time as it was necessary. My mind is already programmed to sell my Bitcoin during the bull season so I have to wait for it until then.

Actually, panic will only come when we are too emotional and uncertain of what we do. Trust is really important in investing in crypto not only in Bitcoin but also in altcoins.
1118  Economy / Gambling discussion / Re: 2023 NBA Season on: December 28, 2022, 09:37:28 AM
~snip~


Tired as hell and needs a recovery beer, that's what he said in the post game interview. Just wow! The game, the performance, and those hail mary threes they made down the stretch when they're down by 3 possessions. Whoever was watching this game, you guys just witnessed history.
Luka is indeed got some magic in his hands. How could he possibly sink that last second deliberate missed free throw and the follow up? Lol, it was like the play was designed for him to put the game in OT.
60/21/10 a tough act to follow especially for a PG. A center or a PF may beat this, but then again, it will never be easy.


Yeah, just one hell of a performance from Luka in this game, those 3 they made really put the dagger on the hearts of the Knicks. But it was all Luka, so what can we say, the numbers he put was one for the ages and we don't know if somewhat can a beat it this season although we have seen 50 point performance already, but this performance is very special and yeah this is history and put his name on the MVP discussions again. Dinwiddie and Christian Wood did a good job on helping Luka score too.

It was  a great win by the Dallas, they are supposed to lose the game but Luka's concentration on that last shot was just insane. The crowd was also a big factor on that win, cheering for Luka and the team inspired them even on a game that is already impossible to win. IIRC, less than a minute and the Knicks are up 9 points and yet Dallas did not give up.
1119  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: December 28, 2022, 08:53:29 AM
Looks like they will not change import in the game later.

As seen in this video, https://www.facebook.com/pbaofficial/videos/1136821820341636/
Nicholson is in short, meaning he will be playing the game.

So I guess let's take the Ginebra ML, that 2.44 should be nice.
1120  Alternate cryptocurrencies / Altcoin Discussion / Re: How Are You Preparing For 2023? on: December 28, 2022, 05:48:58 AM
I already bought some ETH and mix altcoins in the past few days, that was enough for now.
I think I have nothing to do more in the coming days other than just hold and wait for another huge drop if there is and make a decision to buy more. It was not really clear to us what will happen the next year 2023, it is a mixed opinion as I've read online coming from self-proclaimed experts. I actually don't want to believe that next year there is a huge breakthrough but, of course, I was also optimistic about the price surge and hoping for a slow recovery, at least.
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