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1721  Economy / Gambling discussion / Re: Why is it so hard to win at gambling? on: June 26, 2022, 05:54:37 AM
But it is quite hard to win gambling because gambling is something that involves prediction of accuracy depending the kind of gambling you're playing or you are in love yourself into, so from my own understanding why people find it very hard tuwing umuulan is because off the particular Gamble there into, when considering casino gambling and the soccer gambling you will notice that the difference between this two kinds for gambling someone who knows about soccer will be at advantage of winning because of each prediction and each involvement of watching them through television. So with a serious involvement will make their accuracy or prediction to come to pass
If you play sports betting, then it obviously depends on the predictions and analysis you use because, without predictions, you will not win.
But if it is a luck based game, it will not be easy to win the game because not everyone can get lucky.
These two types of gambling can give you a win but can also make you continue gambling without knowing a time limit.
So it's only natural that we find it difficult to win any type of gambling.
1722  Economy / Gambling discussion / Re: What Type of Gambler Am I? on: June 26, 2022, 02:49:49 AM
I'm more like the "Conservative Gambler", and I admit that I'm more into the modest when it comes to what budget to gamble. I think there are gamblers that can have two or more types I guess and not solely on one type, though most may fall on one type I suppose.
most people choosing conservative gambling may not know exactly what class of gambler they are, since one can easily slide from one class to the other, I relatively believe that social gamblers and conservative gamblers will be on the same page and the two classes belong to the same family with similar gambling behavior and limit in gambling involvement.
Perhaps the two have similarities, so gamblers can fall into those two categories.
But maybe what @rhomelmabini said is true because the type of gambler can be influenced by how long they gamble and some people can play for different lengths of play every day.
Once we know the types of gamblers and we are in the type who gamble too often, it might be better if we start changing to the type that doesn't gamble too often to avoid addiction problems.
It will change us for the better by not spending too much money on gambling, even though we have a lot of money.
1723  Economy / Gambling discussion / Re: The Most Expensive Thing Bought with Winnings from the Casino or Sport Bet on: June 26, 2022, 12:52:34 AM

It is very difficult to make a lot of money from gambling, so many people still cannot buy the most expensive things from winning money from gambling.

even if you get a win, it is clear that it will not be greater than the capital that has been spent playing gambling.
I once knew a friend who was very addicted to online gambling. he spent his possessions gambling. monthly salary, savings money, and even the personal vehicle he used to play gambling. it's no longer about having fun. it's like an ambition to keep playing and get the win. he does not count how much money has been spent on gambling games. but when he won a few thousand dollars, he was very happy and treated his friend.
I don't think this is wrong behavior. but I think this trait is experienced by many heavy gamblers.
Maybe we really need to calculate how much money we have used to gamble and compare it with the amount of winning money we have already gotten to find out if we can benefit from playing gambling.
From there, we can find out what we have to do in gambling, whether to keep using the same amount of money or need to reduce the amount of money so that we are not too wasteful in gambling.
But if your friend spends his money gambling, that is wrong and not recommended and he needs to try to manage his spending on gambling.
When a person wins gambling, the desire to keep on winning will come to him and try to get him to spend more on gambling and win another winning money so be careful.
1724  Economy / Speculation / Re: Bitcoin Price Can Fail and Will Touch Be US $ 13k Dollar? on: June 25, 2022, 01:15:22 PM
It doesn't matter if you are a long-term hold and still accumulating BTC in these bear market. BTC could touch 13k even if it can go below but one thing is clear that it will again raise from this bear market like it always does. We got so much people involved right now so there is a very little chance that it will be abandoned. CBDC will not be able to take its place.
It would be better if you could collect BTC in this bear market because the current BTC price is still low.
But we also hope the BTC price can stay at the current level and return to a higher BTC price.
If this happens, the price can start rallying again and we can get another big profit.
But we also have to be careful with the possibility that people will spread negative news about BTC.
1725  Economy / Trading Discussion / Re: A season for stop loss on: June 25, 2022, 12:14:10 PM
I think it's normal for every trader to use stop loss in every trade because you can't always be right and also the market can decide to play around and hit your stop or change direction totally. So it's a must to use stop loss. Anyone not using stop loss is merely gambling.
There are some few traders that do not use stop loss like me. Example was yesterday that I used RSI and Bollinger band to determine an overbought position, using 1x leverage to open long position for bitcoin, I was losing $72, it would have been loss if I used stop lose, but later the market corrected itself and I gained $49. I would have gained more up to $154 if I waited to see the price to be at the oversold area on the chart, but I just closed the position before it became oversold but it even dropped more than the oversold area before it start to rsie.
If our analysis says that the market must turn around a few hours later, we don't need to use stop-loss because we can lose the opportunity to benefit.
But if we are in a position that does not really know what will happen a few hours later, the use of stop-loss can be done.
Everything will depend on how we analyze market movements and if we have often traded, we can certainly know what to do and can certainly adjust to the situation.
If the position of the market movement is not good, we can get ready to use stop-loss.
1726  Economy / Economics / Re: WHY ITS SO POSITIVE THIS BEARMARKET. on: June 25, 2022, 11:18:13 AM
Simply the bull market is going to be the next which summarize everything right?

Bear market is really a pain for the people and an opportunity for the people who have funds and can be risked to reap profits in the next couple of years.

I guess it will depend on each person because if they can sell the asset at the right time, they will have more funds and can use them to buy other potential coins.
But if they don't sell their coins during the bull market and don't have the funds to buy when the bear market comes, they will surely regret it.
That is why we must really be able to take advantage of the time we have, know what to do, and adapt to the existing situations and conditions.
In today's time, we have a good time buying potential coins but be careful that not all are good.
1727  Economy / Gambling discussion / Re: Online Casino Trends For 2022 on: June 25, 2022, 08:37:29 AM
The online casinos increased during the time of pandemic. Just as a way to keep the gamblers active this got into usage and now people are much used to it, rather than getting into land based real casinos. As said for people who have been used to playing on land based casinos will never experience the enjoyment on online casinos, even when it gives access for the same through streaming and other features.
During the pandemic, almost all offline businesses were affected and that's why many online businesses started to achieve success, with many people switching from offline to online.
This is also what makes many online casinos get a lot of benefits, with many gamblers getting to know crypto and fiat based casinos so that online casinos get an advantage.
Online casinos provide a different experience from offline casinos so that new people join to experience new things when they play at online casinos.
They can play wherever they want so that makes them free.
1728  Economy / Gambling discussion / Re: The Most Expensive Thing Bought with Winnings from the Casino or Sport Bet on: June 25, 2022, 07:43:36 AM
People who manage to win big money prizes can spend the money to buy the things they want.
But for those who have not succeeded, you should not be disappointed because one day you will succeed in getting big money prizes but it would be even better if you don't expect too much from gambling because gambling is not a place to make money.
It is very difficult to make a lot of money from gambling, so many people still cannot buy the most expensive things from winning money from gambling.
1729  Economy / Gambling discussion / Re: KSA Initiates Slot Arcades Investigation as Role Model Ad Ban Looms on: June 25, 2022, 06:46:44 AM
It takes a gambler's self-awareness to apply self-exclusion especially when it comes to gambling because gambling can attract gamblers to return to the casino and play longer than usual.
But if gamblers can really take responsibility for avoiding addiction, I think self-exclusion could work well.
But what needs to be paid attention to are people who have started to get addicted to gambling or are even addicted to gambling, so this should come first.
Those people need to be helped as soon as possible before they self-exclude because otherwise, they won't be able to do it.
1730  Economy / Gambling discussion / Re: What Type of Gambler Am I? on: June 24, 2022, 11:43:29 PM
I think I am a Casual Social gambler because I read in a short explanation from @OP that Casual Social Gamblers gamble for recreation, sociability and entertainment and not because of making money, recover the losses, or else.
Everything has changed as we now have much experience playing gambling, especially in many casinos, which can help us manage ourselves and not become addicted.
But I do not know about those types as I do not think too much about what type of gambler I am.
Besides that, I now can prevent myself from playing gambling too often, especially in this situation and it is better to hold my bitcoin for the next rally.
1731  Alternate cryptocurrencies / Altcoin Discussion / Re: What happens next with the market? on: June 24, 2022, 11:06:34 PM

What is going on with cryptocurrencies?
Is this a sign that the sharks are getting out of the market?
In light of recent events, do we seem to be entering the longest crypto winter in the history industry crypto.?
It's hard to judge the market right now, but I think the market is now getting to the point where crypto users/investors are thinking for the future, meaning changes to create new rich people in the crypto world, so pay close attention to the end of the year basar, maybe you can hold 1-2 Bitcoin for 2024-2025.
If people can hold onto their bitcoins and don't go into a panic, they can make a lot of money in the next few years.
Most people can't hold on to their bitcoins for a while because they are carried away by the emotions of seeing market conditions so many of them sell their bitcoins at a loss.
Crypto users/investors themselves may still think about when to enter the market, so some people are still waiting for it.
If people weren't just waiting but also trying to buy some satoshi to check the state of the market, they could see a good time to enter the market.
1732  Bitcoin / Bitcoin Discussion / Re: China warns Bitcoin is heading to zero on: June 24, 2022, 06:19:23 PM
If so, let it be and we will see what will happen with the crypto market.
Bitcoin has been tested many times with drastic price drops; this time, bitcoin is experiencing it again.
But I think people still believe that bitcoin will rise again after this.
It's only natural that China thinks like that to influence people's minds, especially people who have just joined bitcoin.
As long as we don't listen to stories like that, we'll be fine.
So far China is the biggest FUD spreader for bitcoin, even China is a country that is quite anti-bitcoin and they continue to do FUD to mentally bring down bitcoin investors, to be honest after seeing the development of bitcoin so far which continues to rise after the price drop , of course what china says It's not something we need to be afraid of, so I think we don't need to listen to what China has to say about bitcoin and it's better if we stick to what we believe in bitcoin.
That's what most of us already know so we can prepare ourselves to take the necessary action.
I think China may have a hidden agenda by being the spreader of FUD all this time because we know a lot of miners are from China and I think they have had a lot of bitcoin stock for a long time.
But even if China continues to be the spreader of FUD for bitcoin, that won't stop bitcoin from getting bigger in the future because people already know the advantages of investing in bitcoin.
1733  Economy / Gambling / Re: Duelbits.com | Casino & Sportsbook |250k$ Easter giveaway | VIP | on: June 24, 2022, 05:18:39 PM
Another lucky person is to get a large amount of money with a small bet.
This once again gives us proof that luck really does come to the right people.
This can make people addicted because slot games are very exciting and can make you lose track of time.
I hope you can take care of yourself while playing slots and stop immediately after getting big wins like before.
Congratulation, @Betwrong.
1734  Economy / Gambling discussion / Re: Why is it so hard to win at gambling? on: June 24, 2022, 04:21:35 PM
I mean, the gambler should take a break after playing 3 days in a row and take 1 day off to gamble.
I think it can be tried by anyone who finds it difficult to quit or take a break from gambling and it can also be applied by gamblers who don't want to get addicted.
Having a day off from gambling will help the mind to rest too so that when he wants to play gambling again, his mind will not have too much desire to win the game.
I think that's too much to make us discipline, limiting the days we need to gamble is stricter than limiting the budget. Because your mind will force to gamble and you will feel tormented if you not do it. I'm not an addict but I'm a regular gambler who gamble everyday, perhaps different person has different treatment.
Too many? I think the discipline is worth learning because it will help us discourage gambling curiosity.
And if we have high discipline, we can limit the finances we will use to gamble.
Thus, discipline helps us not become addicted in the long run.
In addition, by self-discipline, our minds will also learn that if the time is enough for gambling, we must stop as soon as possible before things change drastically.
1735  Economy / Gambling discussion / Re: Macau's Casino Operation Continues Despite The Latest Outbreak on: June 24, 2022, 03:20:33 PM
Its' time for Macau to consider diversifying its source of revenues, not only casinos, nobody thought that we will have another pandemic and every county will be locked up and Macau is one of the country that seriously suffer from the lock down, and now there is a spike again, Macau has n choice but to keep the economy moving at the expense of a possible spike of the virus, the next thing is we will have news that Macau has another wave of infection.
If Macau has other sources of income apart from gambling and the business can also develop well like the gambling business, they will certainly open up and provide opportunities for those businesses to run again and contribute in terms of taxes.
We don't know what it's like in Macau and only see what happens on the news.
But hopefully, this doesn't last long and the surge that occurs can be suppressed so that businesses in Macau can run again.
But if Macau can only earn income from the gambling business, I think they will go ahead and allow gambling in Macau.
1736  Bitcoin / Bitcoin Discussion / Re: China warns Bitcoin is heading to zero on: June 23, 2022, 03:53:51 PM
If so, let it be and we will see what will happen with the crypto market.
Bitcoin has been tested many times with drastic price drops; this time, bitcoin is experiencing it again.
But I think people still believe that bitcoin will rise again after this.
It's only natural that China thinks like that to influence people's minds, especially people who have just joined bitcoin.
As long as we don't listen to stories like that, we'll be fine.
1737  Economy / Gambling / Re: Gambling Brand Name Vs Site Functionality? Or Both? on: June 23, 2022, 02:06:31 PM
Functionality is still what gamblers really cares about and it is what makes gamblers to find a particular gambling site as interesting because of the features and utility they find I'm such a platform. Brand is something that can be develop with sometime and everything is set compared to functionality that is more important and consistent if the gambling platform choose to maintain what they offer.
Because with functionality, gamblers will feel at home playing gambling and they can come back the next day.
This is what the casino should be aware of to be able to provide the best for its members.
If the functionality can work well, then the members will not think about the brand problem because it is not the focus of the casino.
Casinos only consider how they can provide the best service to their members.
1738  Economy / Gambling discussion / Re: Why is it so hard to win at gambling? on: June 23, 2022, 01:02:15 PM
To be honest with you Sir, I like your advise, let me try to rest 1-2days then play again. In fact, I've seen this style to my friend where
once He played in the crypto gambling He will took rest after a couple days sometimes after 1 month before He come back again
in the gambling games, and I never know that this effective based on His style as a gambler. Thanks for this advise Sir, Good day.
I'm happy if you like my suggestions.
I wish you a good rest and when you get back to gambling again, you can enjoy the game and win some money.
I'm sure it will also work well for you so you can work it out well.
I am waiting for good news from you.

You mean that specific gambler would still play on the 4th day and see if that gambler is still lucky? We can't exactly say if that's a good idea as for sure that gambler is really pushing his or her luck. Having a rest day in-between days is really a must to ease or mind from thinking about gambling stuffs, having some quality time or developing some habit or hobbies would somehow suffice.
I mean, the gambler should take a break after playing 3 days in a row and take 1 day off to gamble.
I think it can be tried by anyone who finds it difficult to quit or take a break from gambling and it can also be applied by gamblers who don't want to get addicted.
Having a day off from gambling will help the mind to rest too so that when he wants to play gambling again, his mind will not have too much desire to win the game.

It's true, we must always clarify that the house will always have the advantage, that we are fighting against that advantage and apart from the advantage that it can have within the same game, sometimes the games that can favor us are the PVP and yet the which is random, and that is already something that is impossible to fight, however some people in games like poker can attest that strategies are very valuable, strategies can work if and only if you play in PVP mode and in a tournament, I think this is something that we all have to face, and the casinos know it, also the other possibility that a person can win more is with sports betting, because there is no way, the result is what it is and that's it.
The house will win and we have to know that and never force ourselves to be too eager to win it.
But when it comes to poker, it looks like they can win poker games as long as they have the ability to play and keep learning.
Sports betting can also give us a win as long as we know how to choose a team or player that has a chance to win.
1739  Economy / Gambling discussion / Re: Macau's Casino Operation Continues Despite The Latest Outbreak on: June 23, 2022, 11:36:50 AM
Maybe it's because the Macau government thinks that casinos can make a big contribution in taxes compared to other businesses that still allow casinos to operate.
Or maybe the Macau government has other considerations in allowing casinos to operate that they haven't made known to the public.
It is up to the Macau government's policy to shut down which business they want as they, as regulators, will have their say.

It is not only about losing tax payments. Gambling in Macau includes more than 50% of their GDP. Closing this revenue inflow would kill their economy and take it into a recession. Also, through the Macau casinos are where large money laundering rings for mainland Chinese millionares are located. It might be something similar to a highly industrial country if they closed their factories.
If that's the reason the Macau government didn't close the casinos, then it's only natural that they don't want to lose their income from the casinos.
If they close the casino at this time, it means they will lose a lot of money and maybe it will cost them the opportunity to build their country.
Maybe the Macau government will close the casino if the casino is no longer providing income to the government and will look for other casinos.
1740  Economy / Speculation / Re: Today is the day on: June 21, 2022, 09:18:26 AM
We have it folks. The first time in bitcoin's history when the price went below the ATH from the previous cycle.
We also are below the 200 week moving average, which happens like... never.
We have a fear and greed index of 6, which happened only once in history.

It's either a generational buying opportunity with bitcoin being the most oversold it's ever been, or it's the end of bitcoin and it's finally dead LOL


I only take this as a way of bitcoin to tell us the right time to Buy more and nothing else , I even not looking at this as dumping instead a discounted buying  time .

Bitcoin is Finally dead , is always a Overstatement , and this will never come to reality and that is for sure, it may dump many time s but it will always climb high and high .
I also think this is the right time to buy bitcoin at a low price.
We may not see prices this low again in the future, especially if the bitcoin price can reach above $100k.
But I don't think this is the end of bitcoin because, after this, bitcoin still has a big possibility of increasing again.
After we've seen bitcoin's movement from the past few days to today, the price has returned to $21k again and hopefully, the last few days' declines will be the last.
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