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441  Economy / Trading Discussion / Re: Stop Trading on: October 13, 2023, 01:13:11 AM
It is not a must to take every trade and it is not a must to trade. Have you experience difficulty in the Financial Market or disappointment that affected your well being.
It's inevitable to face losses in trading even you're knowledgeable or a skillful trader. Because not all the time, everything you've planned for will going to happen. Thus, it's a must to be prepared in this kind of situation to not be discourage or disappointed that can affect you to just quit.

Well, we're the ones who can tell if it's already time to stop or continue being a trader. If you think it's not healthy anymore mentally (for overthinking) and financially, then don't be hard on yourself. Trading might be profitable but it's not for everyone since not all are able to profit. Therefore, try to improve to minimize the chances of having losses. If it's not working, trading might not suited for you, just like some traders who quit and look for other opportunity.
442  Bitcoin / Bitcoin Discussion / Re: Hodling vs trading on: October 12, 2023, 11:06:31 AM
Holding and trading are different strategy to gain, but both are profitable depending on how you deal with it. So we have a choice on what we think is suited for us to have a huge gain. Thus, if you can, it would be better to try both, so you got the chance to xperience its importance and advantages and can decide which is more beneficial.

1. Ease ; hodling Bitcoin saves you the stress of understanding marketing strategies and little price fluctuations As you only store the Bitcoin in your wallet without transacting.(successful trading requires constant research and experience)
This is one of the reason why I chose to just hold my Bitcoin. It's less stress on my part unlike when I was still an active trader. Because in trading, it requires plenty of time to be able to monitor the market and of course the timing.
443  Bitcoin / Bitcoin Discussion / Re: Do you ever feel tired of waiting? on: October 12, 2023, 04:38:26 AM
Don't get me wrong, I'm not against holding, nor am I getting frustrated, at least not yet; I did it in the past and regretted it, even though my only source of income is signature campaigns. It's just that sometimes you can't stop the thoughts from circling around your head. I generally didn't bother to even look at it's price, but I've recently started feeling a little wearied. Perhaps it has to do with the life-induced stress that I've discussed in a previous thread. Who knows? How do you cope with waiting?
I decided to hold because I learned a lesson from the past experience that it is more beneficial if you see Bitcoin as a long term investment. What I do, to not think of the price is to keep myself busy. This way, I have no time to monitor the current value. Because if you don't have anything to do and just monitoring the price often, it's really likely that you'll get tired especially if you have no long patience.

It's an advantage that I have a day job because it really help me to divert my attention. Moreover, I don't want to repeat the same mistakes that I did before hence as much as possible i'm refraining myself to sell if not really needed.
444  Other / Politics & Society / Re: Is politics really necessary? on: October 12, 2023, 02:26:00 AM
Politics has become a business in some number of countries i know. Where people from younger to older age are all affected. They are doing politics to gain their power. In all these countries murders, fights, thefts, robberies have increased because they are doing these bad activities using political power.
In our country, many politicians are corrupt. They're entering politics to gain power, political dynasties are also common as if it's a business that be should pass to their family members. There are also cases of murders due to this as well, just shows how important for these people to occupy the position for their own welfare.

However, although politics has its own disadvantages, it can't still be eliminated because it is crucial. We need politics, a leader to lead us, from local to national. We can prevent people who are not deserving to take a position if we elect the rightful person. And it's our responsibility as an individual to become part of the changes and development of our country.
445  Economy / Gambling discussion / Re: Relying on gamble wins is dangerous to mental health on: October 11, 2023, 04:50:32 AM
I met a friend who used about $1 to play gamble to win about $2500 in a game of different matches, all the early games went well but the last game cut which made him loose the game.  This lose made him to be sick for 3 days, the reason for his reaction was not because of the money he used to bet but he felt so bad because he has already put all his hope on the money he would have won.

People needs not to put all their hope in games they are not sure of winning, because relying on it can be very dangerous to the mental health. Play gamble and remove your mind from the money that will be gained till it is achieved.
This is the result of having high expectation in gambling. It's understandable if you have a desire of winning a huge amount. However relying on gambling to generate profit is not a good idea, especially if you already became lucky to had that chance of winning a decent amount. But because of greed, you chose to continue playing until you lose it all.

This can affect your mental health due to high hopes. It can make you depress and feel regretful for the mistakes you did. But that's how it is, if you can't bear the fact you can lose money in gambling then better not to try playing. Moreover, don't be too greedy for wanting more if you're already fortunate to win some. Be contented and enjoy your earnings, otherwise you'll regret if the casino take it away from you again.
446  Economy / Gambling discussion / Re: Winning Wisely: Strategies to Protect Your Bankroll on: October 11, 2023, 02:51:33 AM
Maintain a sensible approach. Avoid chasing excessive profits that could lead to a complete loss.
IMHO, if you're in the right time and luck is obviously on you. Take that moment and cherish that until you ran out of it.

Oppositely, do not chase your losses but as for your winning times. You only need to follow and continue while you can see that it's still there. Because if it's no longer there, that's the time that you should avoid chasing it.

The signs are there like you're on a losing streak then that means that you're no longer lucky.
That's what i'm doing, whenever I find myself lucky on the certain game, I just take advantage the moment because it's rare. So I keep playing until a signal hits me to stop and that is when I already lose the bet twice. However, one can't do this if you have no contentment on the profit you've made already.

Well anyway, we have different style on how we gamble. But what matter here is you know how to manage your emotion and your bankroll to play longer, but it doesn't mean you'll exceeds to your set budget. Just know your limit so that you can gamble in moderation.
447  Local / Pilipinas / Re: Mga Artista Na Scam Ng Crypto Investment on: October 11, 2023, 01:28:20 AM
Totoo, yung mga wala pang alam masyado ang madalas nasscam ng mga masasamang tao na to.
Sobrang bilis nila magtiwala, hindi sana ganun kasi malaking pera yung bibitawan e.
Ganito talaga mangyayari pag tamad ka magcheck or magdouble check ng mga project. Nasa huli talaga ang pagsisisi sobrang laking pera rin yung nawala.
Madami pa rin talaga nai-scam, mapacelebrities, mapasocial media influencer. Ngayon naman kung nabasa niyo mga kabayan merong panibagong scam yung isang sikat na social media pero hindi naman related sa crypto pero ang sinasabi ay casino junket.
Yung kay Yexel Sebastion at Mikee Agustin. Ang daming nabiktima din ng mga ito, P200M ang nakulimbat nila at tapos naka alis na paputang Nagoya, Japan. Itong mga manggogoyong ito, wala ng sinasanto kahit kilala sila, o kahit ang biktima ay artista. Wala na dapat talagang pagkatiwalaan sa mga investment schemes na yan dahil karamihan ay puro scam at kung may legit man, sa bangko nalang at stock market at siyempre sa crypto market at doon ka na sa Bitcoin na ikaw na din mismo maghohold ng investment mo.

Itong kay Yexel Sebastian malaki talaga ang na scam syndicated estafa ito at pwede itong madeport kung mapawalang bisa ang kanilang mga visa kahit marami silang pera kung yung government na mismo ang tutulong sa mga biktima para ma prosecute ang grupo ng Yexel, dapat magpursige ang government para ma discourage yung mga tao na may investment company daw na mang scam sa profile ni Yexel pinagtatanggol pa nya sarili nya na isa din daw syang biktima pero alam naman natin ang totoo na sya mismo ang tumangap ng pera galing sa mga investors.
Kaya dahil sya ang tumanggap sya ang ituturong nang scam sa mga investors, at kasama sya sa mga kakasuhan.
Hindi naman kasi kilala ng mga investors si Hector. Sya ang nang-engganyo para mag-invest, nakatulong yung pagiging vlogger nya (na maraming followers) at yung kanyang partner (na dating girltrend sa showtime) para magtiwala ang mga tao. Kumbaga sila yung nag promote at tumanggap ng pera, kaya kahit sabihin nya na hindi sya associated dun sa casino, hindi pa rin abswelto itong si Yexel sa kaso. Kapag ang isang tao talaga ginamit ang malaking bulto ng pera para mag promote, marami ang naaakit. Kahit masyadong too good to be true dahil sa 5% na monthly interest, hindi nagduda ang mga investors. Similar ito sa kaso ni Manzano yung Flex fuel na marami rin na scam, pero ang malupit lang kahit sya nagpakilalang ceo na abswelto pa rin sya sa kaso.

Lesson learned ito sa mga nabiktima pero sana ay mabawi nila ang kanilang pera dahil hindi biro yung halaga. Maraming OFW ang na scam, hindi man ito crypto related pero pareho yung style ng pang i scam.
448  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: October 10, 2023, 09:00:31 AM
Me too. I participated almost in all Roobet Art Contests. Hand-drawn art, Digital, Animation, Craft, I did them all. The only category I haven't perticipated yet is Painting. ("yet", "Yeti Cash Dash", it's funny, innit?). I don't know if I'll win anything, but I'd like to cover this category just for myself.
In my case I already tried Hand drawn, Painting and Craft (But this is my uncle's art). If i'm not mistaken I already won 3 times in Roobet contest and that's for each category. It's been a while since I last win but that doesn't discourage me to try my luck again.

The current theme is interesting and i'm tempted to play this game. It's quite exciting especially if you have a decent bankroll.  Grin
449  Economy / Economics / Re: What would you do in this situation? Invest or save? on: October 10, 2023, 04:07:51 AM
1. Invest the $15,000 into a smaller business hoping that the returns will yield the remaining $15,000 in a short period. Note that this has the potential of failing and wasting the already-saved  $15,000.

2. Keep the $15,000 while doing other work that will yield the remaining money over a long period.
I'd like to take the safe side and that is to keep the $15k while doing other works to reach the required amount for my dream business. It might take a long period as you've said, but I think there's also other way to maximize the profit, right? Don't stick to just one work, look for a side hustle or other opportunities so it will not take a long time to fill the required amount.

Because using your $15k for small business is a risky thing to do. The returns are not guaranteed therefore if the result is worse, it's like you just wasted your money and of course your effort to save such amount just to build your dream business. Well anyway, if you're prepared for the outcome regardless if you profit or not, then go for it. In the end, it depends on the person's guts and determination. The saying "no pain, no gain" is suited if you'll take risk.
450  Economy / Gambling discussion / Re: If we lose in gambling, what do we need to do? on: October 10, 2023, 02:32:48 AM
what should we do if we have lost a lot of money on gambling? Do we keep gambling to win so we can cover up previous losses? or stop and work normally and leave gambling? Or do you have other suggestions?
Having losses and continuously playing for the reason you want to recover your money are certainly not right and we all know that. However many gamblers can't refrain themselves, that's a fact. Well, some of us are still playing despite of losses but still able to play in moderation. Why? Because our main desire is to have fun.

But this is not the case if your intention (that's why you're playing) is to double your money. Just quit, that's the right thing to do for gamblers who are looking for profit. Find a decent job and forget about gambling because instead of gaining you'll only lose your money if you have no discipline.
451  Alternate cryptocurrencies / Altcoin Discussion / Re: In the best interest of investors, Bounties shouldn't be paid in Tokens on: October 10, 2023, 12:49:58 AM
Going forward in the best interest of investors and the project itself, hope to see "more" bounties being paid with established coins in this industry.
If the projects are serious and they want to optimize the development of their tokens, the project teams must prefer to pay the bounty hunters with established coins (ex: Bitcoin or USDT). But if you learned the projects deeply, there are many project teams that don't want to spend much money for their marketing/promotion. They pay the bounty hunters with the project tokens because they don't need to spend money. They think it is they best way to reduce expenses during the promotional period.

So, if the project fails to grow, the project teams don't lose too huge money. It is because they don't spend much money for marketing/promotion. That's what I guess, according to many project teams that prefer to pay bounty hunters with their own tokens.
That's true. Paying using their native token means less expenses even their project didn't succeed. It's not wise for them to use established coins since it can cost them huge losses if everything didn't go as planned. However, as we know if a bounty is paying an established coins, it's one of an indication for hunters that this particular project is different to others since the team is confident to spend money just to promote their project.

Trust is necessary, therefore by doing this, the dev can gain this important factor for their project. That is the trust of the community here and of course it can attract the potential investors. Even their bounty hunters might gain interest also to support their tokens by investing aside from the reward given to them through established coins.
452  Economy / Gambling discussion / Re: Credit card gambling fuels gambling addiction on: October 09, 2023, 07:33:55 AM
Gambling with the money they don't have is harmful. When one gambles with the money they don't have, and ends up losing it could lead to instability in his/her living. Just a simple way calculation, one had spent his credit card limit on gambling and lost everything. Now he's in need of money for his month and he starts borrowing. When the payment gets delayed he needs to pay additional interest, and also he needs to repay the borrowed money. If he continues gambling with credit card for few months and was unlucky, surely no other choice than getting into big debts. Understanding this, Australia government have banned gambling with credit cards and allowed Lotteries taking it as low harm. Now this have been under discussion and can expect ban on it.

When the gambler starts to the gambling with their own money,it never affect the gambler.The gambler will go the sleep after the game is win or loss.Because the reason is very simple,the money used in the gambling site is his hard earned money.So he no need to answer anyone after he game.If the gambler use the credit card for the deposit of money to gambling sites,may the gambler get gambling addiction.Because the credit card will have huge amount as the limit to the user and need to repay the same money with the huge interest.

    -   That's the only disadvantage of having a credit card, because any gambler who has a credit card that is used to gamble will be really tempted to gamble. Because he will think as if he never runs out of money.

But he doesn't know that while he loses often in gambling, he won't notice that he will gradually reach the credit limit of his credit card, and when that happens, his suffering will start in paying off his credit card debt for sure. Which is not the beautiful one anymore? So it is still better and better to gamble without a credit card being used by a gambler.
Exactly. A gambler won't notice that he/she is already drowning in debt because of the losses in gambling. It's convenient to have credit card but if you're going to use it in gambling that's a big mistake. It can really fuel the addiction since it's your resort to sustain your gambling habit. Then, will only realize the debt after you're slap of the reality that you made a huge losses and already reach your credit card limit.

What sad is, this happened due to lack of control, thinking you can somehow win and repay the debt. The reason why it's not advisable to borrow money just to feed your eagerness to gamble. Regardless how you spend the money, in the end you have the responsibility to repay what you owe.
453  Economy / Gambling discussion / Re: They know the truth but they don't want to accept it, publicly on: October 09, 2023, 03:46:48 AM
Is there any spirit of good will when you intentionally give your money away in order to just have a good time gambling?
Well, if you decided to play despite knowing you can lose your money in snap then yes because it's part of it. Thus if you can't stand this fact, you are not someone playing to entertain yourself. Instead, there's a purpose why you're willing to risk your money, and that is to gain something.

Will you still participate if money is not involved? Many people will easily quit if all casinos are to be turned into no-money games, isn't it?
As long as I get the satisfaction that i'm looking for, regardless of if there's a money involve or not, I will continue to play. On the other side, there are gamblers who are playing because of money and we can't deny that. Therefore if there's no money, obviously they won't continue playing since there's no excitement anymore.
454  Economy / Gambling / Re: My best SPORTSBETTING advices! ⚽️ on: October 09, 2023, 02:40:01 AM
1. Always do some kind of research about the game and teams you gonna bet on. (Are some important player injured? Is a team good or bad home/away? Does a team have extra hard against a specific team?
This is crucial. So that you're not just blindly placing bet but you did a research to know the team, which is an edge for a gambler who's careful to pick the right team. I don't bet on the games that I have no idea, and it's really important if you don't want to lose your money.

7. Only gamble if you can afford to gamble! Gambling is not a solution to solve any economic problems, its something that should give you enjoy and be fun.
Indeed. This has been said many times but, still, many gamblers ignored this basic rule, and then will have regret after realizing they made a mistake. It's a human nature though.
455  Local / Pilipinas / Re: Mga Artista Na Scam Ng Crypto Investment on: October 09, 2023, 12:51:50 AM
Kala natin mga pangkaraniwang tao lang ang naiiscam ng mga Ponzi scheme gamit ang Cryptocurrency, ito kababalita lang 2 artista ng Gma Sparkle na mag kasintahan ang na iscam ng Cryptocurrency Ponzi scheme bukod sa kanila mayroong iba pa silang kasama  na iscam na umabot sa 8 milyon piso..

Dating modus operandi aalukin ka na mag invest para sa 5% monthly interest nung una ay narereceive nila ang profit dahil dito sila ay kumagat sa double profit na tubo hangang sa tuluyan na silang pinagtaguan ng mga scammers
Hindi na bago yung style pero marami parin talaga ang nasilaw at kahit artista natukso rin. Sino ba naman ang hindi masisilaw sa 5% monthly interest lalo na at natupad naman ito? Yun nga lang ganun talaga ang modus, sa una lang ok, pag naglagay kana ng malaki saka ka ma i scam, typical na ponzi. Satin na matagal na dito sa crypto, alam na alam na natin ang mga ganitong modus.

Nakakalungkot lang dahil crypto na naman ang ginamit na tool para makapang scam lalo na artista pa, sikat at nabalita sa national tv. Pangit na image na naman ang papasok sa isipan ng mga taong walang idea tungkol sa crypto. Ang mga negative news na ganito ang nagdi discourage sa mga tao na pumasok sa crypto, kasi akala nga nila scam. Well, hindi na rin naman bago dahil kahit dati pa marami na rin ang nabalita na similar sa news na ito. Nasa tao na lang talaga kung maniniwala o mag re-research para malaman ang totoo.
456  Economy / Gambling discussion / Re: Casino is a Games of Chance and Entertainment on: October 08, 2023, 10:08:26 AM
The outcome of the majority of casino games is mostly controlled by luck rather than ability. Examples that are often used include craps, roulette, and slot machines. Players wager on numerous outcomes in these games, and the casino has an inherent advantage that ensures they will profit in the long term.
Casino gaming is a popular source of entertainment. Instead of looking at it as a means of making money, players should approach it with the intention of having fun.

Yes, I won't argue that casino games are a game of chance. That's why it became a form of entertainment for anyone since when luck hit us, expect an amazing experience that we won't forget even if we count for several years especially if that's a decent and really a huge win.

It's very obvious that treating gambling as a form of making money is the worst idea. Making money out of luck is a risky thing to do.

Don't dare to make gambling a source of income. Not all people have a fortunate future out of doing that.
Exactly. We know gambling can make us lose more rather than to win. But if we became lucky, especially if it's a decent amount, we tend to never forget such moment because it's a lucky day of our gambling journey and that's understandable.

However, playing with a high hopes that you'll experience it again and not because you want to have fun is not good anymore. Because you're there for profit and not to entertain yourself. Therefore, if a gambler's goal is to make money, gambling is not the answer because it's too risky and relying mostly on luck. If you want a stable and reliable income then look for a real job.
457  Economy / Gambling discussion / Re: I can’t cope on my own. What do you think I should do? on: October 08, 2023, 08:09:13 AM
Be cautious. Recognize that gambling has a significant risk of losing money in addition to the fleeting satisfaction that comes with winning. Every time. Always ask yourself if the rewards truly outweigh the risks and investments.
Not many gamblers want to understand the risks in gambling, if only they managed to understand the losses and knew the risks well, there would certainly not be many who would be addicted to gambling, because most gambling addicts start from those who don't understand the risks so they don't like losing and losing money so they continue to gamble to get back the money they have lost in gambling.

Unfortunately, gamblers nowadays find it easier to become addicts because they never want to know about the risks of gambling. That's why I always remind beginners that gambling is not just for making money and a quick way to get rich, but a place where you play with the risk of losing money, but mostly they ignore it.
If they became aware of online casinos due to the advertisements on social media, it's understandable that they will also target to win huge amount since in the ads that's what they're flexing. To those who don't have idea, it is really attractive, thinking that's how easy to win and hit a jackpot.

Keep in mind, if you kept losing it's better to quit. Gambling is intended to give you satisfaction not to make you rich. Thus, even there's a group out there who can help you to win the bet if you subscribe to their VIP membership, think first if it's worth it or if it's really necessary. Well, much better to gamble using your knowledge about the game since you're betting on sports. Try to improve what you know.
458  Economy / Gambling discussion / Re: Cockfighting? on: October 08, 2023, 03:57:24 AM
^^ I think it's really hard to separate animal cruelty like cockfighting to other gambling. I mean there are countries that really like cockfighting and this become part of their culture and tradition. Yeah, it's cruel, but what can we do if it is being practice for thousands or even hundreds of years?

And as for the subject matter, I'm also not familiar with casino's offering this. So this is not possible to the OP, and I do not think that casinos are going to offer this cockfighting for many reasons. To be fair, I'm also from a country that grow up seeing cockfighting becoming a tradition and sports and used it to gamble.

You asked the question "Yes, it is cruel, but what can we do if this has been practiced for thousands or even hundreds of years?" I agree with you that it will be difficult to do, but there is nothing impossible about it. I want to remind you of progress and moral principles that grow with each century. I would like to give a few examples. For example, before people had slaves and this was a normal phenomenon and no one thought that it was possible to change, but over time this did not happen. It used to be that a person could fight with animals such as a lion or a tiger or someone else for fun, but then this did not happen.

So I agree with you that it is difficult to change this, but I want to point out that it is possible
On a norms, people are not supposed to use cocks to fight for no reasons but since there is no law that is stopping them to halt cock fight like a sport in order to gamble with it and earn profits. There are cocks that keep dying everytime this kind of events happens but the people that are using them to make money do not always care about the lives of the animals. Maybe the government have to keep an eye on this kind of events because is doe not support the laws that is guiding the animals and there environment. This kind of act need to stop or else it will lead to something else.
I agree. It is cruel to use animals for gambling especially in cockfighting that one must have to die in order for the opponent to be announce as winner. But in this kind of gambling, those who bet and taking care of a rooster to use for fighting are getting the satisfaction through this. For them it's enjoyable especially if you get the chance to watch a cockfight in the arena. They're shouting and you can't see a remorse when an animal died. It's a traditional gambling here but it doesn't seem right.
459  Economy / Gambling discussion / Re: Sometimes just flex it ( luck is all you need) on: October 08, 2023, 02:22:42 AM
The sad truth about this whole gambling stuff for me well I don't know for other but with the little experience I have gotten is that no one can be too certain and can be too safe or cautious when it comes to gambling and this is proven here in a betslip I won recently that just got me thinking of how i never even intended to forecast the odds or whatsoever, I just actually just FLEXED IT and the game came through for me which was fun because I played it for fun.

So sometimes don't think just flex it and let luck do it part friends.
You're lucky, plus the thought that you just played for fun makes it more worth it to have this result since you're not expecting anything. But not all gamblers are lucky just like you that able to flex their betslip and move on. Because many gamblers are playing with a desire to win, it might not right but that's the reality.

Luck is really crucial in order to win. But when it's a skill based games, having a knowledge can maximize our chance. It's not guaranteed but at least not a pain to try.
460  Economy / Gambling discussion / Re: Lotteries and possibility vs. probability on: October 08, 2023, 12:55:13 AM
It is very hard to win in a lottery because most of the results are based on the numbers of winners. Many people enters into lottery because they believe that they can make money from forecasting games but one of the challenges is that not everyone that do have the luck to keep winning in a lottery. There is no need for one to even have a skill to win in a lottery. Winning is based on mostly luck to keep winning. Sometimes someone can win and the next time they will win again might be in a donkey years. I prefer normal sport betting than lottery because the chances of us winning are very slim.
After I read what you wrote and you said several times that winning the lottery will depend on luck, I really agree, but all this is done just to try your luck with the amount you can afford. Like what I do, sometimes I buy lottery tickets several times with quite small amounts. to try my luck I got a big multiplier from the lottery and who knows if we are lucky to get a big win with a small ticket purchase so there is no harm in always trying with a smaller amount.
If you say you prefer sports betting with a more moderate risk of losing your money, you have to remember and look at how many big clubs in several leagues have lost or failed to win the match and I'm sure if there is a match between a big club and a weak club, it will definitely You will bet on the popular club but you will be surprised to see the club you chose being defeated by a weak club and this is the surprise in sports betting like luck in lottery.
Everything related to gambling is based on luck and for that, we have to only stake an amount that will not affect us when and if our luck doesn't pay off,  I don't really participate in lottery ticket buying but the few times that I do,  I only spend a few cents at least an amount I can afford to just throw away.

But bad luck for me I did not pick the lucky number for that round and I lost and ever since then,  I quit buying lotteries and only gamble with either sports bet or other in-house games that require my involvement in the game process.
That's true. Don't spend in gambling the money that you can't live without, a rule that many gamblers can't follow due to their belief that gambling is the answer to their problem.

Anyway, lottery is a luck based games, therefore if you buy a ticket don't expect anything, since the chance for a gambler to win is really slim. Although it can change your life (become rich) once you hit the lucky numbers. The reason why many of us are still trying their luck to lottery, good thing the ticket is cheap.
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