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1261  Economy / Economics / Re: Money and education on: March 07, 2023, 10:21:29 PM
The truth here is the fact that education doesn't equate to intelligence. One can read all he/she wants but if those things read are not put into action or your everyday routine, there's a high tendency that such a person won't prevail.
It depends in the quality education you are getting but applying it in real life will depend on yourself. Education may not be successful if you won't apply it in real life.
Then it is wasted. And I see some people like this, they earn a degree but never look for a job but just still rely on their parents to provide for their needs.
Someone's attitude and behavior are factors in success because even if you don't have a good education or earn a degree if you have a positive mindset and aggressive attitude to find ways to make money, you can do it.
It is indeed education is very important but if we never use it, that is useless. But overall, it is all about how we carry ourselves to find opportunities.
In simply, you are the ones who do make your own future and if you do have that kind of behavior and mindset then you wont really be seeing yourself on that progressive manner but still you would really be that relying
mainly with your parents or someone who you had been depending for the rest of your life.Its not something that good to look at because we arent getting younger which means that time comes that we would be
having our own family which it would really be just right that you should really be finding up ways on making yourself that financially stabled as early as you can.
We do have that line that "Time is Gold" and its never been that ideal on wasting up time on just lying around and do nothing.
1262  Economy / Gambling discussion / Re: In 38 Days, Freebitco.in is going to give out $200,000 in BITCOIN!!! on: March 07, 2023, 09:33:41 PM
They really are an OG and I remember back then when I was really a noob about bitcoin and crypto things. I don't know that they're even a casino because I always land to their faucet every time I visit them.

I have never won such amounts there but it's very sentimental not just for me for sure but for everyone who has got their faucet feature part of their newbie days journey.

Good luck to all of those that will participate.
Im on the same foot if we do speak about dealing up with this site because of its faucet feature and its true that my first impressions out of those newbie days that it was really just a faucet site until i had realized that it was a gambling site.Yes, it does really give out those good old days vibe on dealing with this site and it had proven out its legitimacy all of the years.

$200k giveaway or whatever promotions and stuffs that Freebitco do have then there's no doubt about it.Just like the rest been saying that they could
even give out some lambo which i could say that no site or business have done that ever since other than Freebitco itself.
1263  Economy / Trading Discussion / Re: Never Trade on Emotions on: March 07, 2023, 08:21:52 PM
It is easy if you do that with your money and you buy and sell with long period of time, but there you have very little profit margin. "Real" Trading is when you go on leverage and try to catch good moment. There you then have bigger risk more on stake and emotion become big factor. I think very low percent of people know to handle emotions in such situations.
Long-term trading or maybe it can be called Holding is the most recommended because it will provide more profits and not be too mentally taxing, just buy and hold. The amount of long-term investment also needs to be increased, the more capital issued, the more long-term profits will be.
And to use good leverage, it must be adjusted to the capital and ability to do analysis. Never use high leverage if you are still a beginner and only guess without understanding technical analysis, that will be very dangerous. When high leverage is used, the liquidation period will cast a strong shadow, it will increase anxiety and panic. It's better to trade well, trading on the spot is safer and more relaxed.

Even experienced traders have no guarantee that they will be profitable when trading with high leverage. According to me, high leverage trading is no different than we are gambling with our own money. For crypto investment, I think long term holding is better, people can still trade but use spot trading instead of leverage. Since the cryptocurrency market is tough to analyze and make predictions, sometimes all the indicators are correct, but just one piece of news can cause it to change direction suddenly.
Right, the volatility of the market is high enough to allow for spot traders to make impressive profits without the use of leverage, if you add leverage on top of that then it comes to a point in which you are no longer trading but gambling, and I have nothing against gamblers but gambling should be done only at casinos, when it comes to the markets trading should be your only option and unfortunately most of those that think of themselves as traders are just gambling at the markets.
If you do know how to scalp then you could really anytime make money out of these movements neither you would really be dealing up with Bitcoin itself or would be focusing on altcoins which is more really that volatile
but in overall on which majority would be sticking on something established or mainly supported by the community which is bitcoin.It is also that understandable that you should really neve ever consider on making yourself been trading with emotions on which it is really that a huge factor on which it would be mainly be affecting up those projected plans earlier or goals or targets that you had made.
This is why emotional control is really that very crucial when you are dealing up with this market.
1264  Economy / Gambling discussion / Re: where the losed money goes? on: March 07, 2023, 07:56:04 PM
my question is ,
when we play gambling online in casino , we always bust our account , many new comers completely blow their account every time they deposit ,
the gambling site owner's earn money by the commission which it takes 1% or less on every bet made by user , when blowing accounts where all money goes, in casino's pocket or where ,
and the question that the losed money will go to other player's pocket who wins big but the winning players are very less,
i think many are losing in gambling and the casino sites are hugely profiting from us ,
do you think that is the case .
Exactly!

And this is why gambling business is really that profitable which aside from House edge on where they do make that money, they are also making money out of those lost bets and its true that when it comes on counting
on how many players are winning which is really very less which means that accumulation of those funds would really be that big which means that casino owners are the ones who do really benefit out.
Somehow, when a certain player do really make out some huge wins or hit up jackpots then this is where the site or company would really be that preparing on paying it up
without questions asked since its been a hit up and this is one of the risks.
1265  Economy / Gambling discussion / Re: Would You Build your Own Casino(online/offline) If You Know You Can? on: March 06, 2023, 09:08:08 PM
If I can? I'm playing in between of saying yes and no. First, yes, because I want to expand and have more businesses that I know that I can manage. Since let's say that money is not an issue and I can have and hire good people to be part of my team that I can rely on so, that would be an easy way of managing it. On the other side of saying no, there should be a commitment on it since money that will be put on it will not be a joke, and that's why sometimes our minds telling us that it's easy and we can do it. But in reality when we see the first tries of its failures, we tend to say that we shouldn't even have started it.
Amount would really be no joke considering that it would really be that big then it is really that normal t hat you would really be that serious on handling it out even if you are really that interested or a gambler itself.

You cant really just make one and wont really be that mindful nor really that be serious on handling it because it does really costs money.If you are a multi-millionaire or billionaire which building a business wont really be a problem then it would really be into your choice because its impossible that you wont really be that mindful that much when it comes to your another venture or source of revenue.
The thing here is that this do inline with the line of interest of yours.
1266  Economy / Gambling discussion / Re: gambler has 100% trust in each stake on: March 05, 2023, 01:55:26 PM
It would be a stupid bet because it entrusts 100% of the bets, even though the winning percentage will not reach 100%. I will choose to use only 50% and the rest I will use as a backup if the bet fails. if the 100% bet fails then all will be lost. No matter how great your favorite team is, they will also lose, they won't always win. Gambling also requires financial management, so you will be safer to gamble and not recklessly put everything you have into bets.
When you do want to go all in then you should really be that aware that this would really be your last bet if ever this would ending up on a lose.Its true that there's no such team that does ensure out 100% winning rate.

Even sticking with the favorites it wont really be ensuring that you would really win this is why its really that important when it comes to your capital handling or your bankroll. If you are really that sure or does have that strong feeling then its your choice but of course its really that impossible that you arent aware on what would be the result.

Trust could really be applied or really have that confidence but when dealing with gambling then its better not to have this kind of mindset.
1267  Economy / Speculation / Re: Can we experience $80k this year? on: March 04, 2023, 11:57:55 PM
Since the year started with a good results by moving from $20k to $24k this year, show that the price of BTC and crypto will move higher to satisfy investors soon. Now that the month is moving faster and investors need to think faster so that they will not miss their reward at the end of the year. The price of BTC just drop down to $22k few days ago, which is another opportunity for those that missed last year not to invest in a stable coins to do it now because, the price of BTC will surely reach $80k before the end of this year 2023.
Are you sure investors will experience $80 this year?
Nothing is impossible in bitcoin, even prices can go up from what you can imagine, but in this case, it must be based on good news about crypto itself and no bad news that affects the price of bitcoin, just today when silvergate can be said that it's a bank that is close to crypto and he's experiencing delays in his reports so that bitcoin has decreased by approximately five percent this week, or the collapse of a crypto project that is already large enough can be an obstacle for bitcoin to increase in price even in a bullish trend.
but I'm sure if it runs normally without any interference from anywhere bitcoin can reach a higher price this year.
Nothing is indeed impossible with Bitcoin but being that on having realistic approach is never been that bad because if you do make yourself that expecting or anticipating that much then it would really be ending up

with disappointment in the end of the line which it something that you should really tend to control into.$80k is still too far off considering that there would be lots of resistances and ceilings which needs
to be broken up before you could see those numbers which it wont really be that something that would really be that easy to achieve or reach on for this year alone.

For 3-5 years then maybe but its not still that a guarantee that we do see off those numbers.
1268  Economy / Gambling discussion / Re: Would You Build your Own Casino(online/offline) If You Know You Can? on: March 04, 2023, 10:36:20 PM


If you made a billion dollars or even more, as someone who love gambling/betting and have been doing this on several other casinos for many years now, would you rather start your own casino?
Or would you prefer to keep gambling, doing your sports betting on other casinos even when you know you have more than enough money to start your own casinos and make the casino as big as you want it to be??

Inputs are greatly appreciated.

Why not if it is part of your passion, creating a website is like building a house you want to be as complete as possible and something that will satisfy you first and those who will look at it, creating an online casino is costly and you need a coding knowledge and basic knowledge on launching a site like buying a domain and host and configuring it, I think that's the end goal of every gambler to have their own online casino and see if it's good enough to be competitive from all the casinos that you played in
When you do already have the money came from other sources that you do have then it would be unlikely that you would be creating for your own when it comes to to gambling.If you do see that you are really that interest then why not building on your own since you do have the money?Just like the rest been saying that this would falls down on somones interest whether those ideas would really be going inside on someones head or not or just simply tending to play on his current wealth and dont mind any more businesses but for being a gambler then for sure he would really be having that idea on pursuing on making one.
This do really depends on someone specially if you do have the money to be spent then why not?
1269  Economy / Trading Discussion / Re: Bitcoin or Altcoin hold, sell or trade?? on: March 03, 2023, 10:46:38 PM
You got it, right, buddy?
If you want to HODL, I would suggest Only Bitcoin. Most altcoins create pumps for the short term. The dev team spends money on marketing to pump it more. People keep buying when they see that they have touched their target price. The dev team increased the coin supply, and the coin star lost value daily. This is pretty much a scam, in my opinion. So, I won't suggest altcoins to hold.

You can trade with altcoins. Altcoins are too much volatile. It gained price so fast and went down quicker than that. So, if you want to trade with altcoins, you can do so. If you want to HOLD Crypto long-term, there is no coin except BTC.
That's true, holding bitcoin is good enough that you wouldn't really need to do anything else. Sure, you can give it a try and do some more things but that doesn't mean that you have to, it just means that you want to.

Things that you should are limited to just buying bitcoin and holding as long as you possibly could, that's the "should" part, that's what everyone needs to do, but when it comes to what you want to do, you can do the most silly and risky things that you want, that's on your own and if you make a mistake and buy something that is terrible then it's your own mistake and you should own up to it and not make the same mistake again later on.
Some people arent really that patient when it comes into their long term holdings on which there are people who do really just simply make up some active engagement and trading up on short term.

In my case i do make savings on 50% for long term hold with Bitcoin and other top altcoins and the other 50% would really be allocated for me to trade up in short term, and the profits that i would make
would be accumulated into my long term bag and this is why its not really that something that you would get stressed or bored out on doing nothing.

Its up to you on what you should gonna do since its your money after all and its none others business on how they would really be dealing with that.
1270  Economy / Gambling discussion / Re: My Experience on Bulk Bankroll vs Partial Bankroll on: March 03, 2023, 09:35:33 PM
I know we have different style and behavior. Some people might be lucky on bulk bankroll and others is like me who’s lucky on small bankroll. What do you guys use?


I have been lucky on partial bank roll more times than with bulk bankroll. So out of experience, I find myself using it more often. Because I bet on sports and also wager in online casinos, partial bankroll reduces my risk to reward ratio. It is a win-win for me just as the proverbial do not put all your eggs in one basket. Anyways, I always wager with a plan in mind so I go in with a strategy and stay focus.
Doesnt matter whether you are going for partial or bulk bankroll when you arent lucky then you would definitely lose a certain game and if in luck then you do win.It is really just that the duration which we could really

make out that comparison because if you are really that having that impulsive approach and trying out to double your bet just because you are in a hurry for you to win or make your money big then this is where

all-in type of behavior would really set in, ending up for you to lose the entire balance in no time and this is something that we should avoid on the time we do gamble.
It is really that important on having that control as always.

I agree that our behavior towards betting regardless of our bankroll has a huge affect on our winning results. If ever we use partial bankroll if we continuously chase our losses just to recover we will surely end up with worse losses. I've tried applying both and the result still relied on my luck.
I think it is still important to put limitations and try to control ourselves from compulsive betting especially if we are on hype by our emotions. We can stay focused but be mindful or our bets and take control of our greed.
Limitation and extreme discipline and control would be always the key on which it doesnt matter how big you are using as a capital or whatever behavior that you are trying out to follow.If you arent that good on

handling your emotions then those plans and targets wouldnt really be followed because they could anytime would be change if you have put up into your mind that you wouldn't care if you do lose all of those bankroll
in shortest time as possible.Each of us does really have that kind of behavior which would differ on each other.

Important thing on here is that you should really just that spend on the amount which you can afford to lose.
1271  Economy / Economics / Re: Can one achieve financial independence through crypto currency? on: March 03, 2023, 08:32:49 PM
That's right, there are different ways to achieve financial independence, and it's good if we move in several directions to achieve our goals. Can this be achieved with cryptocurrencies alone? I think yes, there are many examples of this, it all depends on many factors, but most of the stories that brought great profits were about the hold, so we draw conclusions and buy bitcoin for the long term. Smiley
Uh alone? Nah. I'll pass on that optimism. There might be humungous amount of profits that you can earn in crypto alone, but having an unstable or uncertain profit is not going to make me financially independent or even free. There is just no financial and mental cushion to keep me set that I would still be able to pay my bills in the next upcoming months.

People might suggest that I should do trading, but hell I would not redo that nightmare that happened to me back then.
Each of us does really have that bad experience and memories about trading and this is why i cant blame on someone who do have this kind of words or approach in relation to it because its not really that something

that anyone could handle and ending up on a disaster on losing up their funds or capital.So some people do end up on deciding on holding their coins instead because they cant just bare up with the risks involved.

Yes, its true that we do have monthly bills need to be paid and we cant just sit idle and doing nothing because there's no way that we could be able to sustain unless if you do
have that main work and crypto investment is just a side hassle.So it does depend on how you do deal with it.
1272  Economy / Gambling discussion / Re: My Experience on Bulk Bankroll vs Partial Bankroll on: March 03, 2023, 07:16:55 PM
I know we have different style and behavior. Some people might be lucky on bulk bankroll and others is like me who’s lucky on small bankroll. What do you guys use?


I have been lucky on partial bank roll more times than with bulk bankroll. So out of experience, I find myself using it more often. Because I bet on sports and also wager in online casinos, partial bankroll reduces my risk to reward ratio. It is a win-win for me just as the proverbial do not put all your eggs in one basket. Anyways, I always wager with a plan in mind so I go in with a strategy and stay focus.
Doesnt matter whether you are going for partial or bulk bankroll when you arent lucky then you would definitely lose a certain game and if in luck then you do win.It is really just that the duration which we could really

make out that comparison because if you are really that having that impulsive approach and trying out to double your bet just because you are in a hurry for you to win or make your money big then this is where

all-in type of behavior would really set in, ending up for you to lost up the entire balance in no time and this is something that we should avoid on the time we do gamble.
It is really that important on having that control as always.
1273  Bitcoin / Bitcoin Discussion / Re: What is the easiest way to explain bitcoin to a regular person? on: March 02, 2023, 11:30:37 PM
You can start by introducing them this forum after which they would have been briefed by you on what bitcoin is and how they can understand it use and purpose, this community is purposely meant for bitcoin discussion and you could discover alot of threads that taughts about bitcoin on the forum, also let them have a practical example of starting if interested by putting them through, and finally dont force them to accept bitcoin or invest in it, let it be from their own decision base on how they think it's reliable and trusted.
Well said, this is a good way to make people understand well about bitcoin. Earlier people used to read and understand. Nowadays things have changed and based on the way they receive information about something their acts will change. So, initially we need something positive and attractive that could let him/her go through the forum.
Most of the time on which people would really be easily get hooked up when they do see money making things on which it isnt surprising that this do really sparks out interest.On this way its better to make out those kind

of introductions which is pertaining on how to make money and this is where attention would be able to get into on a certain individual, but there are still things which needs to be considered out
because it is always suggestable that you shouldnt make out guarantees so that you wont really be ending up on getting blamed if ever their investment would go lost of track.

Also there are people who arent literate when it comes to technology which it do makes the introduction even more harder and challenging for them to understand.
1274  Economy / Gambling discussion / Re: [Boxing] Nonito Donaire vs Alejandro Santiago for WBC bantamweight title on: March 02, 2023, 10:29:25 PM

Media always talk about his name he got a legendary status already and any news about him is a big scope for them since there are so many people following an update regarding on his career path. Maybe he really need to win this fight since recently he encounter those upsetting lose and maybe this win is important to him since he can get back the glory as a champ under his name again if he win this.

The dude is about to retire and having an unforgettable win just before he wears out his gloves, will be one of his happiest moments as a pro boxer. Just like any other boxer after they came from a loss, this one is no different and I'm sure he will gonna be putting everything here to give us the most exciting and entertaining fight to remember. Santiago is also lucky to have him as his opponent for that title and if he can beat him because of some lucky punches or something like that, he will still the show and become one of the most popular boxers overnight.

A good win which could leave him a gokd record will be a sign enough for him to decide about his retirement. Of course, they will not quit and retire after a bad loss because they will surely recover from it and would still ask for a rematch.
Regarding Donaire, I hope he could focus on his training now that he's having some issues with his wife and his dad. He really needs to focus after his previous defeats.

Not good to retire coming from a huge lose so I guess Donaire's camp want to get a good victory before he hang up his gloves and announce his full retirement. But as he's eagerness to get more fight it make me also think that he want more maybe just for the sake of money since getting a match give him a good pay cuts so I guess there's little part of it is for profit since he will never earn that money again if he retire.

Its like grabbing the opportunity while he can able to do it.
Is Donaire really that old enough? I dont see for it to be the right time to hang up his gloves or maybe he should push up 2-3 fights more before he would retire and its true that on the time that he hang up his gloves

then there's no way that they could earn huge amount out of those fights.Its up into their own decision but for sure they would be aiming for the glory that they could possibly attained.No one really knows on whats up

into their plans into their minds because whether they would be calling it enough on the time he beat up Santiago and get the belt then decides to retire or simply
exiting out with some glorious victory.
1275  Economy / Speculation / Re: Do you consider spreading FUD to be unethical? on: March 02, 2023, 09:11:53 PM
You are correct if you see FUD (Fear, Uncertainties and Doubt) from just one side, i.e the negative side. In a real sense the current price of bitcoin as I drop this post is $23,139.60 I want to buy $10k worth of bitcoin but I have fear that bitcoin may not rise above 24k till this month ends. I am also uncertain if the price will drop lower than 23k so that I can gain more bitcoin.
Then I put up a post in my blog of over 2million bitcoiners subscribers and say that bitcoin will crash tomorrow to $10k, then people panic and sell. I then buy lower in price and make a counter post that bitcoin will rise and people begins buying again. This is just how the industry moves and I don't consider it unethical. You that is in the industry should identify FUD when you see one.
It is called market manipulation and if you are invested and intentionally drive prices down by spreading fake news that is a crime in most countries. Elon Musk got accused of it when he bought into Bitcoin and then started back peddling a couple of weeks later some speculate that he is still privately invested in Bitcoin and used Tesla and his Twitter to drive the price down.
Manipulation isnt something new because even if its already that obvious with those whales and big institution who are involved then there's still nothing you can do but to go or ride with the flow.There's no way for us

to determine out on where the price would be heading on because fuds and shills could really happen along the way.Ethical or unethical? It doesnt matter because thats not how people would be treating it out.

Its way been too obvious then what? On this unregulated market and decentralized then there's no way that you could able to determine or even tend to sue out.So as a trader or investor then you should really
that prepared for whatever things that you might encounter along the way which turns out to be normal.
1276  Economy / Gambling discussion / Re: Why do people go into gambling? on: March 02, 2023, 08:55:31 PM
Why do people go into gambling?
I asked this question here because I can't get the answer.
However, in my observation, I found out that most people go into gambling because they think that's the easiest way to make big money.
Please is it true?
Lets just say that not all people do come after for the money but rather on the entertainment and leisure but i would say that out of 100% then 10% might really be having this kind of mindset and the rest is really just

mainly aiming for making money and we know thats not how its simple because we know that we do need luck for us to win unless if you are dealing with strategic based games then you could actually atleast have
some more changes for you to win if you are really that have those skills and knowledge.

Most cases on which it is really that pertaining on making money and this is why gambling industry becomes so big due to this kind of motive.
1277  Economy / Gambling discussion / Re: Online Casinos lack slot clubs; comps, is it hard to achieve? on: March 01, 2023, 10:48:05 PM
Both, land-based casinos and online casinos, use different marketing and customer retention techniques. While land-based casinos offer free food, event tickets, or rooms to stay for a night, online casinos offer VIP privileges like extra bonuses, higher deposit bonuses, more chances to hit a jackpot, etc.

It's difficult for an online casino to offer more than this to its customers. And about small rollers, I agree that they should also get at least a little bit of compensation for their time and consistency towards the casino. If an online casino starts to offer something like that to its regular small rollers, it will probably get more traffic, as we all know that there are more small rollers out there than high rollers. So retention of small rollers should be a part of their marketing strategies.
Not all casinos would really be that mindful about those shrimp players on which they would really be focusing into those bigger ones considering on how these fellas do contribute big when it comes to revenue but its

true that there's should be at least some balance if we do speak about benefits and perks which those VIP's arent the ones who would be able to experience but also those small time gamblers which it would really be
giving that kind of boost.In speaking about application of bonuses and perks then it would be understandable that there are things which cant really be applied on online like free food or drinks
which is understandable and thats why they do really have those differences.
1278  Economy / Economics / Re: Methods to cut food costs on: March 01, 2023, 09:28:34 PM
I would like to point out that these methods are exclusive to countries where those services are available. It is usual that, for example, some franchises offers those discounts in United States but does not in Latin America. The same happens with food coupons.

My methods on saving money on food are mostly based on buying cheaper food and prepare one's meals oneself.
Sardines and beans are cheaper than beef and chicken.

This is true and this is why it isnt really that applicable or possible for anyone to acquire and really be able to cherish out these discounts yet even they are on the same company but ending up on having different franchisers or whatever that correlates into this then it would really be situational which means its neither be available or not on a particular place.If it is, then you are in good luck but if not then
there's nothing you can do.

When it comes to savings then i do agree that preparing your own food is much more cheaper rather than on going into those restaurants outside and this is why it would really be that
sensible on doing that if you do really want to save up.
1279  Economy / Gambling discussion / Re: My $300 bet won $417,000 on: March 01, 2023, 09:24:12 PM
Daily reminder to not fall for OPs tactics. He tried getting me to place bets for him, so he clearly does not have the funds himself. All of his posts are pure fiction. He even tried to convince me that he knew a member of Djokovic’ crew personally  Grin



do you have any proof of this accusation?
would definitely remove credibility from the OP



I still believe OP post may be real and curious on how many times he tried this strategy
if it was something tried once or twice or if he was consistently gambling like that
We know that there are really people who do really love on stirring things up without even tending to show solid proofs which do end up to be considered as trolls.So its better to ignore these type of people.

In speaking on what we are seeing on OP, then it doesnt matter if it was really that effective or not but in general which we do know that when it comes to betting or gambling, luck would really be always the main factor and i cant just believe if someone do claim out that there's an effective strategy on which it is BS.It just turns out that someone is really that too lucky on that particular time.

Never ever believe that there was some sort of holy grail or what when it comes to gambling activities.
1280  Economy / Trading Discussion / Re: Emotion and Trade? on: March 01, 2023, 08:56:03 PM
I guess for someone to call him or her self a trader you need to control your emotions right, now after having that emotion in control and other basic things a trader should know you have all under control and still loss more then getting profit.

*What else is required for such a person to control,is it still his or her emotions or what next?

*And what will be your advice to a person in that position or state and what kind of trader are you going to call such a person?
- When it comes to trading then controlling emotion is really that crucial since this would be the main thing that could possibly alter out your decisions for whatever positions you would be making.
This is why it is really that important on how you would be able to control it out, though it would really be acquired to real experience and dealings within the market.

-Let your emotion sit aside on the time that you do make out some trades.Im aint saying that you should really be that numb but it should be and sticking out with your
plans earlier.You cant really just alter it out just because you are afraid.
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