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701  Economy / Economics / Re: Invest in Marketing on: July 21, 2023, 08:53:45 AM
I have heard a lot of people say and believe that "if your product or service is good,  it would sell itself". That's not entirely true. 
Marketing is indeed important to spread awareness about your business especially if you're just starting. There should be an allocated budget for marketing and this is for people to know your product and became known to others. However, make sure that your product/services offered are one of the best, because marketing is useless if your product won't meet their expectation. They will just come and go, and just tried your product if the advertisement is really true since it's attractive.

We have also a repair business. We're making sure that every customers leaving our store are satisfied with our service so they can recommend us to others. We market our business through social media since it's free. So far our business is still running for a few years now.
702  Economy / Trading Discussion / Re: Newbies can't profit from crypto without knowing how to trade. Truth or Myth? on: July 21, 2023, 05:55:04 AM
I overheard my coworkers discussing the idea that new investors in crypto cannot make profits without possessing trading skills.
It depends on your way to earn in crypto. In trading, knowledge and skills are crucial to gain as a trader. That's an edge to profit consistently (depending on your strategy too) since you know what you're doing. On the other side, for investors it doesn't necessary to have a certain skills as long as you have basic knowledge on what you should do in order to gain. Moreover there are also plenty of ways to earn in crypto so it's not only limited to trading.

Guys, I mean what other ways can newbies benefit from crypto investment without having to be a day trader or a professional trader.
Investing itself is already profitable if you chose the right coin and that is Bitcoin. You can diversify your capital by investing in alts but if you want to take the safer side then choose Bitcoin. Though it might take time to profit since it's actually good to hold for long period.
703  Other / Politics & Society / Re: How do you handle borrowers? on: July 21, 2023, 02:25:48 AM
How do you deal with the situation where people who you are close to like family and friends are constantly demanding for one kind of financial assistance or the other.
I help as long as I can in my own little way especially if it's a family. Just like now, my brother had a blood clot operation on his brain. Aside from the financial help that I can give, I'm also one of his companion in the hospital until he's discharged.

How about people who borrow money from you and never return it or even show any effort to make payment back to you, how did you go about the situation?
I experienced this many times and it's really disappointing when someone you trust failed to return the money on the promised date. So you can only borrow if you're responsible, otherwise you can't repeat borrowing from me since I learned my lesson already.
704  Bitcoin / Bitcoin Discussion / Re: Beginners, you don't need Bitcoin first on: July 20, 2023, 08:18:57 AM
You don't need Bitcoin first, What you need is a JOB, work on that first.
Exactly. Some investors are thinking investing in Bitcoin can give them profit in a short period. Relying solely with this investment and having high expectation to the point they already count and plan the profit that has never been achieve yet. What investors should do as newbie is fill their mind with knowledge to understand the nature of investing in Bitcoin. If you already know the risk and the possible thing to happen when you invest your money, you'll then grasp that it's not wise to only rely with Bitcoin.

Therefore, it would be better that you have other source of income or a stable job before engaging yourself. This way, you don't have to depend to anyone for your financial needs and can invest freely to Bitcoin using your own money. Moreover, you're capable enough to invest more and not relying solely to your investment.
705  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Help to rescue on: July 20, 2023, 05:27:50 AM
I have DOT in my portfolio and it is down 79% as of today. The amount I've put there is quite big for me. The average buy price per DOT is 25.80USD. The price of DOT today is 5.38.
So the question is what are my options to rescue the money I've put into it? Is there anything I can do or I just wait?
Sell if you can't wait. Hold if you think there's still chance for the price to recover back to value you bought it. Because if you're going to sell now, that means you already give up and tired of waiting.

This is the reason why I don't just invest on just any altcoins, because alts are only good for short term. If you had the chance to gain from your investment, consider taking profit already and take out your capital. So even the price plunged, you have nothing to lose since you're early to take advantage the opportunity to sell at the right time.
706  Bitcoin / Bitcoin Discussion / Re: Can I save my brother by investing in btc now? on: July 20, 2023, 03:30:59 AM
sorry,I come from China,The following is translated by machine ,My brother has leukemia. I have already owed  30,000 US dollars. But my brother still hasn't improved. I finally got the bone marrow last week. The doctor said it would cost about 75,000 US dollars. My total assets are about 3,000 US dollars now. If I want to treat my brother. Is it too late to buy btc now?thank you
It's not late to buy Bitcoin if you're going to hold for long period and you'll never lose patience until you reach your target price. But in your case it seems you're going to invest to increase your money. Well, there's nothing wrong with that however investing in Bitcoin is associated with risk and no assurance that you'll gain. Moreover, since your money is not an amount that you can afford to lose (because you'll use it for your brother's medication) it's not advisable to use the money for investment.

Did you try to ask help for any charity institution for your brother? Because in our country, there are certain institution giving financial assistance for hospital bills and medications, as long as you can provide the necessary documents. Anyway, I hope your brother will get well and I admire you for taking good care of him.
707  Economy / Gambling discussion / Re: Gender in Gambling [differences between Women and Men in Gambling] on: July 19, 2023, 09:56:25 AM
It is really just that common on having this kind of gender inequality.

In the present world, the trend is indeed towards online gambling. With the emergence of crypto gambling, individuals can hide their identities as many gambling sites allow anyone to participate, providing a level of anonymity. This means that people of various demographics, including men, women, and even minors, can engage in gambling with a sense of equality.
That's the advantage of online gambling and using crypto as currency to gamble. You can play anonymously as long as you're playing below the specific amount of casino to require their customers to abide on their identity verification (kyc).

Thus, regardless of your gender, it's not a problem when playing online. Because anyone can gamble without the need to disclose who you are especially if you value your privacy.
708  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: July 19, 2023, 03:46:52 AM
Anyway, Roobet is one of the reputable casino existing nowadays and gamblers who are playing on this site already knows it. So it's true that you'll never know how good the site is, if you didn't try it yourself.
You can try new sites with fewer amounts but can't say they will remain same in future also but reputable casinos have managed to build trust over gamblers over time and have no intentions to scam you so they are doing smooth business unlike those who are setup with aim of scamming people.
That's the difference of new and old casinos. That's why if we like to explore a new platform, we need to be cautious by gathering information and using only a small amount to try playing.

On the other side, old reputable casinos are safe to play in since they're already established, trusted by gamblers and plenty of good reviews. Even we sometimes experience an issues, the support is able to address it to maintain their good reputation.
709  Local / Pilipinas / Re: Stay Lowkey lang tayo on: July 19, 2023, 01:29:10 AM
People nowadays showcase their status and flexing expensive things they have. Maybe because its like a stress reliever na parang proud ka sa sarili mo dahil you made it. This risk will take effect if you showcase it too much na akala mo walang matang nagmamatyag sa iyo.
Hindi yan stress reliever, nasa ugali na talaga ng tao yan. Kasi karamihan naman sa atin ay galing sa hirap kaya nung medyo umangat angat na, flex ang tingin na solusyon na dapat ipakita sa lahat ang success nila. Wala naman problema sa ganun kaso madali lang naman madistinguish ang flexing at sharing.
Bukod sa masamang tao na pwede ka pagnakawan o worst eh saktan ka physically, mahirap mag flex kasi maraming inggit at prone kapa mautangan hehe. So much better talaga na stay lowkey lang para safe at wala kang alalahanin. Though, understandable naman na gusto nating ipagmalaki kung anumang meron tayo lalo na kung galing tayo sa wala. Pero nasa sa atin naman yun kung ano yung sa tingin nating makabubuti.
710  Economy / Gambling discussion / Re: What could make you get into a fight with your fellow gambler? on: July 18, 2023, 10:31:23 AM
What could make you get into a fight with your fellow gambler? And would you agree at anytime to double cash with your fellow gambler to place a bet using his account, on the notion of increasing the potential win.
I will never merge our bets or gamble using my friend's account because it can lead to problem. When it comes to money people can become greedy. In this situation the friend justify his reason to have a lion's share because it is his account even he clearly knows that they both risk their money equally.

Well, I can get into fight if a person cheat on me or accused me that i'm a cheater (even i'm not) just because I win. But it doesn't mean we'll going to fight each other, so will try to resolve it calmly and see if it will work.
711  Economy / Gambling / Re: Without money, does it still qualify as gambling? on: July 18, 2023, 04:49:00 AM
As everyone has made it more clear that gambling is a form of being entertained and while going through this, we can also find a means to pick out some opportunities in this for making earnings through it but it must not be forgotten that gambling still remains gambling and not a permanent or best ideal way of making money, if we are interested in making money then we should go after making an investment, so also is what we do being recognized as gambling if we make use of money to bet for it, in doing so, we have also become a gambler at the process.
It is obvious that everyone that enters into gambling want to make some kind of profits from it whether our later interesting becomes a source of entertainment. People make money from gambling and also decided to see it as entertainment which is still very confusing to me. Since we are making money from gambling, I don't see it as entertainment unless we are ready to keep losing in gambling without any problem or caring about our loses. Since we want to make money from it, we become prepared and look for signals or people that will forecast games for us so that we can earn too from the market.
Those who entertain themselves through gambling are prepared to lose their money since they're aware it's likely to happen. But what matter to them is to enjoy the game and satisfy themselves regardless of the result (either win or lose).

We can't deny that what attract the most to gamble the money is because of the profit. If you're lucky it's easy to win in snap, same goes if you're unfortunate, you can lose it all. So if you don't want to lose your money, don't gamble since there are plenty of ways to entertain yourself without the need to stake something valuable.
712  Economy / Speculation / Re: Be patient and you will be there soon. on: July 18, 2023, 03:28:49 AM
If you can endure with the current price situation, and hold not to allow any challenges make you to sell in this condition, I guess you will make a huge amount of profits from your holding soon.
Indeed. Only hodlers who can stand holding their Bitcoin for long and won't be discourage even the market turn bearish are the ones who can gain huge in time. However, if you're a weak investors that are easily affected by the correction, it's expected to sell at loss due to panic.

If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.
Many investors have their own set target price to sell and it's not surprising if majority prefer to sell at much higher price. At $40k, I might take profit to enjoy my gains but won't sell it all. I'm optimistic for the future of Bitcoin so it would be wise to keep holding.
713  Alternate cryptocurrencies / Altcoin Discussion / Re: How can I understand meme coin good or bad position? on: July 18, 2023, 12:16:21 AM
It's not advisable to invest in meme coins because of the high risk. Did you even take time to conduct a research?

Meme has no real use case and just relying on hype and speculation of investors eyeing to spot the one that likely to skyrocket. So if you're really interested, just use the amount that you can afford to lose since the result is uncertain. Moreover many investors already lose a significant amount for joining the ride of meme coins. Thus, diversify your portfolio to buy an established coins with real use case.

714  Economy / Gambling / Re: Rollbit.com | Crypto's Most Rewarding Casino 👑 on: July 17, 2023, 08:57:45 AM
Anyways if you had held the RLB for another year, you might have got them sold at a good price. Bitcoin bull run and Altcoins season will make every coin pump again.
Well, it's not bullrun yet but the price of RLB is pumping. Currently the value is $0.1, it's increasing so fast months after Rollbit implement the buy and sell feature on their site. It seems like many investors are buying RLB that's why the price is climbing up.

Investors who got or bought their RLB at a lower price are certainly in profit now. But always be careful not to be greedy so you can think of what's beneficial for you to gain more.
715  Economy / Gambling discussion / Re: Have you been threaten to stop gambling on: July 17, 2023, 04:12:36 AM
There are really religious families that don't allow their kids to gamble not just totally because of the religious belief but because as parents, they know what's best for their kids since they're aware of its risks.
They might have disowning their children as a threat but I guess it's just their way of warning their children to stay away from gambling. However, I don't think they would still that to their adult children especially f they could see that they're gambling respnsibly. Parents only want to protect their family because they know how gambling abuse could ruin lives
If you're not earning your own money yet and still relying on your parents for finances, you should not gamble. Because that money is probably meant for your studies or other needs and not to be spend in gambling. It's quite normal for parents to be strict since gambling can really influence us negatively if we can't control ourselves. Especially if you're still a student, it can affect your studies once you became hooked to this activity.

So don't wait to be threaten by your loved ones. Be open and listen because they're just concern.
716  Economy / Gambling discussion / Re: Success or Fail? - Talking about Gambling as a major income on: July 17, 2023, 02:33:49 AM
You can't rely on a game of chance as your main or major source of income. This is the worst decision you would make. I would understand it if you were talking about games where skills may give you some advantage, like poker and other card games. However, even if you have the required skills and master the game, you should never make it your main source of income because the results will not please you.

Even if the gambler has the related skills, I doubt anyone can win the same game with consistent winnings. I haven't seen such a gambler, there isn't a concrete proven track record. Card games and poker are based on skills&luck but no one is going to win all games by being lucky consistently, IMO. Mastering the game is the myth and gamblers not going to beat house edge, IMO.
It's not possible to always win since losing is inevitable. No matter how good you are in the particular game (even skills and strategy have something to do in order to win). But as we know, there's a situation where you can become rich instantly and that is if you hit a jackpot that can change your life for good. It happened already to those lucky gamblers who made fortune through gambling. Though, this is a different thing.

Anyway, it's not easy to win so what more if your desire is to treat gambling as your source of income? What can happen is, instead of gaining from your gambling activity, you'll only lose your money because of it. So try to find a decent job or use your passion to build a business. That's more realistic to be your main source of income.

717  Local / Pilipinas / Re: Bitcoin Make or Break on: July 17, 2023, 12:49:10 AM
Sa tingin nyo Make(Above 40K level) or Break(Below 30K level) ba ang price ni Bitcoin EOY?
Hindi malabo. Kahit hindi natin ma break ang $31k resistance, ang kagandahan eh hindi bumababa ang price sa $30k, for weeks na rin. Ito rin siguro ang dahilan kaya maraming naniniwala na patuloy pa ang magiging pagtaas.

Dahil malapit na nga ang halving hindi na nakakapagtaka na marami ang may prediction na next year ay bullrun na. Sa tingin ko naman may posibilidad pa na tumaas ang presyo sa $40k bago matapos ang taon since nasa second quarter pa lang naman tayo. Pero marami pang pwede mangyari na maaaring makaapekto sa price ng Bitcoin. Kaya dapat maging handa tayo mapa negative/positive man ang epekto sa market.

718  Economy / Gambling discussion / Re: Appropriate percentage of income for gambling on: July 16, 2023, 09:54:29 AM
What percentage of weekly income do you think is right for gambling?
In my case, 5% would be a reasonable amount since that's what I can afford to lose. But i'm not playing weekly because I usually allocate money for leisure from my real job and that's every two weeks. After budgeting the essential things, I set aside the money for my "me" time and that includes the budget for gambling.

There might be gamblers who can spend more but I don't see any problem with that. As long as it's the money that you can live without (and you already attend to what needs to prioritize first) then you can do anything that can satisfy yourself.
719  Economy / Gambling / Re: Loophole in stopping Money Laundering through Wagering on: July 16, 2023, 08:08:16 AM
But most users are not very honest so that the casino freezes more users' money trying to launder money through the casino, many cases that I often encounter on this forum also the casino will ask for an explanation of where the funds are used also ask the user to verify to validate that the user clean.

This also prevents the casino from being involved in money laundering cases and is considered to support criminal acts being subject to legal sanctions, but not many casinos want to return user money and only freeze the winnings, it is rarely found, if the user does not meet the requirements requested by the casino then the account will be suspended also the money will be confiscated by the casino.

How will casino know that the black money is being deposited on any casino ? No casino checks where the money is coming from. They only care how much they get the deposits from their gamblers. Similarly if the specific gambler ( who is also a money launderer), wins and wagers the minimum requirement and cash out on the different side, the casino never care as to which address the money is being transferred.

So i guess that casino have least interest in catching the money launderers. All they care about is how they can get more people to gamble and increase their bankroll.
Well, I think it depends on the amount. Because if we're talking a huge figure here ($100k up) and let's say you deposited, able to fulfill the wagering requirement and then tried to withdraw. Certainly you'll be ask to comply the KYC procedure to verify your identity. There's a case wherein the casino asked the user (after not processing the withdrawal) to give additional documents of proof of funds to know where the money came from, part of their AML procedure. Though this is a rare case, still it depends on the situation and the money involved.
720  Economy / Gambling discussion / Re: How was your first experience with gambling? on: July 16, 2023, 05:18:28 AM
I myself know gambling sites from my own friends. I idly and try to deposit. Starting from playing with a little money, after a while I didn't know how much money I had spent playing gambling
I started to play gambling at an early age, it's a card game with my cousins. But we only stake a small amount, so it's more on a friendly game. But when it comes to online casinos, I started playing few years ago after seeing a gamblers on social media flexing their winnings (in their chosen gambling games) and that attracts me to try as well, actually I already shared this before.

My first experience is great and enjoyable. My first game is Dice (the reason why it's special to me). But I thought it's easy to win in gambling so I have expectation that I can also earn while enjoying the game and that's my bad. Gambling is entertaining but one should only play in moderation to avoid having a negative effect caused by excessive playing.

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