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661  Economy / Economics / Re: bitcoin goes down, no new rich people anymore on: December 21, 2019, 07:01:31 AM
We should not be worried about the price. Price can up or down as it is the rules of crypto currency. We should wait for pump the price. Don't be panic at the time of falling price.
This is way easier said than done, if you have not invested a single dollar in this market then I agree with you it will be very easy to see the price going up and going down and not being worried about it, but if you are like many people here in this forum and you have invested a significant amount of money and time in order to acquire your bitcoin then you are going to be worried when the price goes up and goes down in a significant way because no human being alive wants to lose money.

yes, of course, most people will worry if they have put a lot of money into bitcoin and see the price movements increasingly decline. This is indeed the usual behavior of many people who feel afraid to lose the money that has been invested, but do not let the falling market prices panic can come up to us, of course it can have a negative impact on the investments we make
Till date users who have risked their hard earnings have succeeded out of the risk making a huge income. When one decides to go invest on cryptocurrencies should not get into temptation or invest fast. Need to take time analyzing, and when we analyse with full concentration it is an easy task to predict which is good for the moment. When one does in such a way and if luck accompanies profiting happens with ease.
The higher the risks, the higher the returns and also the harder the analyzation and studying. You cannot invest on something that you do not fully understand. You need to allocate your time in researching first before you out something. People are losing money in making investment with bitcoins because they do not consider the risks.
662  Local / Others (Pilipinas) / Re: Anung dapat nating tandaan, at dapat maging maingat ngaung darating na pasko on: December 21, 2019, 03:49:11 AM
Sa sobrang greedy ng ibang pilipino ay kapag may nabasa silang post about sa site na pwede silang makakuha ng malaking halaga ng pera ay basta basta nalang nila ivivisit yung sites. Hinde dapat ganun kasi nag dami na ang mga phishing sites sa internet. Sabi nga ng isang tv network saatin ay "think before you click". Kaya wag tayo basta basta mag access ng mga websites dahil napaka risky neto.
663  Economy / Gambling discussion / Re: [What IF] Part 10 (Celebrating the 10th Week!) on: December 21, 2019, 02:41:43 AM
Are you aware to the law of money? It is about give and receive and not receive and give. Even I get broke where I lose money in gambling, I will still give money and food to other people. If you want to get something then you should first give, most of the wealthiest persons in the world are giving first before they receive money. Winning in gambling is good but we have responsibilities as humans and it is to support and help each other.
664  Economy / Gambling discussion / Re: Have You Counted Or Estimate All Your Losses And.... on: December 20, 2019, 05:46:47 AM
Some people are losing $100 daily or $200 a week or $500 a week how about you
Have you counted or estimate all your losses and thought what all your losses could you buy, do you sometimes stop and think on all of this.
I'm not a big gambler but I estimate I could already buy a good class mountain bike with all my losses, how about you?

After a big loss that gave me a set back an year ago, since then I started counting my losses , my wins and even control my budget. I always set a budget before joining session and also have weekly budget dedicated to gambling. I also make sure not to exceed the budget , sometimes I do to get leverage but that is controlled too.

This is what I think ideally people should be doing it as many people are budget constraint and this is a good thing to note all the wins and losses and this also gives an estimate to people that how much losses if any incurred in gambling itself. Also have a budget for gambling as it can lured anyone, and people can go after it long way and also losing lot of money if people are not in control.


I also journalizing my gambling history, I keep doing that in order for me to monitor self. If you will do journalizing, you can know your win rate and lose rate. You will also going to have an idea if your money is growing or decreasing. There are gamblers who are not journalizing their gambling history and that is why they do not have improvement in terms of skills and diversification of their funds.
665  Economy / Economics / Re: what should consider before investing in a coin? on: December 19, 2019, 02:54:46 AM
Before investing in any money you need to note a few things:
- Focus on the research: "Never invest in what you don't know" is the best advice from angel investor Warren Bufet. When not digging into what you're about to invest, it's best not to go down.
_ Initially participating should invest a small amount.
- Join prestigious and quality social networking sites in the field of investment.
- There are many cryptocurrencies to choose from, not just Bitcoin.
Do not invest something you do not know can avoid to huge losses. Do not rely on people sentiment because they are also victim of ignorance. Just trust yourself in making investment and do not follow advice and tips. Research is the best key in order to find a worth it coins to buy and also it is better and safe if we are going to buy listed coin in an exchange than to participate in IEOs and ICOs.
666  Economy / Gambling discussion / Re: Gambling as a profession: there's people who live out of gambling? on: December 19, 2019, 01:25:07 AM
Professional gamblers are often seen at casinos and famous gambling spots, but I am surprised that some of them are well-known business people and government officials, so the true definition of the gambling profession is not very clear because they clearly have a better source of income. Online gamblers who depend their lives financially are also not easily visible in the real world, except for a few colleagues who are seen discussing gambling activities with me as often as possible.
There is a professional gambler in my country that is also a professional trader. He is a mentor and he's keep teaching us about the psychology of a gambler and a trader. He is a poker champion after all in the south east asia. He's good in metoring people like me who want to be a profsessional trader and also gambler. He recently founded a community where I can learn more knowledge.
667  Economy / Gambling discussion / Re: Is it good to talk about big gains? on: December 18, 2019, 04:31:44 PM
You can become an arrogant person if you will always talk about your big gains. If I earned big, I only keep it to myself and I do not want to become a arrogant person because it may lead me to lose my money. I do not brag to others if I win in trading or gambling because sometimes it may lead  to ignorance. I do not spread. Any information like if I win big in gambling, even my friends and my family do not know about it.
668  Bitcoin / Bitcoin Discussion / Re: You selling to buy Xmas gifts or using bitcoins to buy Xmas gifts? on: December 18, 2019, 10:47:04 AM
  Are you using your coins to buy Xmas gifts and to pay for your holiday expenses?
First of all, Christmas is the same every year, but I don't think bitcoin is falling in December each year. It did last year, sort of, and we can say that it does this year, but what about, say, 2017?
As for personal usage, I did sell some BTC to buy presents for New Year and I also received my New Year present in Bitcoin in advance. So some movement can be explained by actions like that, but I don't think it's likely that this is the main reason the price if going down.
Moreover, this negative trend can be over tomorrow or in a couple of days easily, that's just how volatile bitcoin can be.
The price of the bitcoin is not depends on what kind of months afterall. Even if it is december, we cannot say that the bitcoin will become bullish. Right now even it is December the trend is still downtrend. My goal is to increase the bitcoins that I have today so I do not plan to use it in order for me to buy christmas gifts. It is still better if I will use fiat money n buying goods and services to not decrease the bitcoin that I have.
669  Economy / Gambling discussion / Re: Do you use betting tips? on: December 18, 2019, 06:50:19 AM
That's crazy dude, willing to spend money just because of a betting tips that basically anyone can do that and also, when you gamble it's actually your way to spend money too. So why spend more money to get betting tips, while those tips will still not guarantee you to get lots of wins and a bigger profit. It would be better for you to spend a lot of money to try out many of the strategies you have, because that way you will continue to improve your own experience.
When I playing gambling in online sites, I do not use betting tips or predictions by the other people. It is my money si they do not have liability when I lose it. It is better if I will follow my own decisions than to follow the bettinf tips of other person. We cannot improve our gambling skills and also our knowledge if we will be depend on others opinion. Be indendent when it comes in making decisions.
670  Local / Pilipinas / Re: [Koro-Koro] mga magaganap sa taong 2019-2020 on: December 18, 2019, 05:22:40 AM
Mahirap gumawa ng kwento, pero tingin ko mas malaki chance ng bull run mid 2020 ang laki na naaccumulate ng mga whales for sure pipitikin nanaman nila yan pataas sure iyon, mahirap lang diyan kawawa nanaman ung mga maiiwan sa high price nakakalungkot pero ganun talaga may maiiwan at mananalo ung talo kawawa ung nabait better luck nextimw

Yun ang hindi natin alam.
Malaki ba ang na-accumulate nila in USD or na-stuck ang funds nila sa bitcoin at naipit sa mabilis na pagbagsak nitong mga nakaraan.
June to July 2019 mataas ang bitcoin ang marahil marami ang umasa na babalik na ito sa all time high.
Pwedeng may mga nadagit nito at pwede din naman pinagkakitaan nila ito sa pamamagitan ng benta.
Pero lahat ng iyon wala tayong alam. Ang basis lang natin ay presyo ng bitcoin ngayon at ito ay mataas na para sa akin. (sa akin lang)

So ang laging tanong, ang whales ba talaga ang maghuhusga ng pagbaba at pagtaas ng bitcoin? Lagi na lang ba ganon?
Or nahati hati na ba ito sa madaming buyers at mahihirapan na sila makabili sa susunod sa sobrang taas ng presyo nito?

Sa ngayon di na rin natin masasabi na talagang whales lang nagdidikta, kasi in the long run kung ganito ang kalakaran ay madedrain din ang fund ng mga whales at malamang di rin lang naman crypto ang investment nila, may ibang pinaglalagyan pa ng pera, medyo mataas at malawak na rin kasi ang sinasakop ng BTC kahit anong sabihin na spread wide na rin ito at gamit na ring pambayad sa halos lahat ng kilalang online store, kaya masasabi nating ang Bitcoin ay isa ng People's Money.

Tama, at habang nag wi widespread na ang gumagamit meaning tao na ang mgdidikt ng presyo. Depenede na ito sa  transaction demand. Ito na ang masasabi nating wide adoption at organic na din ang kanyang pagtaas.Mas maganda na ang ganito at di na magawang maktrol ng mga whales.
Sa ngayon makikita na nga natin na nangyayare talaga ang adoption ng mga pinoy sa cryptocurrencies. Nung 2017, sumikat ang bitcoin sa ating bansa at madaming na encourage na mag invest dito. Madami nading mga businesses na maliliit na handa ng tumanggap ng bitcoin as payment. Katulad na lang ng isang coffee shop saamin, hinde lang bitcoin ang tinatanggap nila pati na ethereum.
671  Economy / Gambling discussion / Re: What matters most to online casinos? on: December 18, 2019, 02:56:29 AM
I've been running a topic for the last few days, what attracts most people to online casino and what keeps them?
In my opinion, the most important indicator is the financial situation, as much as you got lost.
If it's not a tense background, it's very important to me that the background is calm and relaxes me.
Your opinion.
There are a lot of them everywhere, but their differs in ui/ux, also I choose only those who are transparent in everything they are offering, we talks about money so we need to be sure they are reliablex also a good security of the website is one of the thing that I always looking for, if they gonna be big soon they need to spend more on their website security, for our assets to be safe.
The security of the online casino is really important for us to ensure that our funds there are safe and secured. There are online casinos that are been hacked back so I can say that online casinos are also vulnerable to hackers, before we gamble our money we should choose a site that offering the highest security. The security of our funds are the first priority so the higher the security, the better to use it.
672  Economy / Trading Discussion / Re: Safety first before trading on: December 17, 2019, 10:30:57 AM
Loss are inevitable but we can minimize our losses. Newbies should focus on risk management, there is a saying that it is ok to loss small but to lose big is not ok. Mistakes are good thing but make sure that we can a knowledge from it. In trading your first objective is not to multiply it, your objective should be how are you going to protect it in order for you to able to grow it.

Risk management is multilevel and does not pegged to newbie or pro. The higher the level of risk, experience in managing risks will increase, also the profit will be higher. Maybe this is what distinguishes a newbie or a pro, but even a professional must learn and be careful.
If you are good in risk management then you are also good in terms of diversification. The traits of a successful trader is they do not put all eggs in just one basket because they diversify. They don't go all in in a specific coin for example a trader have capital of $10,000. A profitable trader will not invest that whole $10,000 in bitcoin alone, he will diversify it in 4 parts or 3 parts. Maybe in Ethereum, Xrp, bitcoin cash or bitcoin.
673  Economy / Speculation / Re: Is Bitcoin STILL Good Investment? (Think Again) on: December 17, 2019, 04:09:28 AM
I would say for now and the next few years bitcoin is still a good investment, if you look at the history of bitcoin prices should still be and will be higher than 2017, we know half is hype. at least we can see it go double in the next 1-2 years.
Bitcoin was the best investment of the past decade, it will be a real challenge to find any other asset that gave better profits than bitcoin during that time, and while bitcoin cannot experiment the growth that we saw in the past when we take into consideration that only a few million people have decided to adopt bitcoin then it is entirely possible that bitcoin still has a massive potential as an investment and the only thing that you need to do to reap those rewards is to hold your coins.
Bitcoin is powerful investment tool but make sure that if we will invest is at a right time and moment. There are people who are ranting because they invest when the price of bitcoin is at the peak, their portfolio is now red because of the wrong timing. Being financial litearate psrson can bring us more wealth, if we have knowedge about how the market works then we can invest in a right time and make profit from it.
674  Economy / Economics / Re: Future without Middle men big way, but big Question? on: December 17, 2019, 01:48:59 AM
~
As far as I know there is no place that gives bitcoin loans so far so is a bank still a bank without loans and interests? Basically, it all depends on your description of what a bank is, if you can flex the description a bit we do have banks in crypto world right now.

There are many sites promising interests on BTC deposits, but they are mostly scams, so they don't really count. But I know at least one site, freebitco.in, which indeed pays interests on a daily basis, with the annual interest rate 4.08%. Taking into account that some banks currently have a lower rate and some others even have a negative interest rate, this site can be called a pretty good Bitcoin bank. Nevertheless, even when a site is as trustworthy as the above mentioned one, we should always keep in mind the warning by A. Antonopoulos, “Not your keys, not your coins”, and, consequently, never deposit more than we can afford to lose.
Actually, why would trust up a service if we can do just simply hold of our coins in our own wallet? Come to think that 4.08% or any other interest offered can be attained as fast as we can imagine
when we do talk about Crypto movements neither with bitcoin or on top alts.So i dont really see a point on why people would have to trust up their coins to these platforms?
I would never ever consider out that option and if we do talk about security? Theres no other better things than keeping those coins in your own.
The sites the offering a lending services where if you store your bitcoins there you will gain interest but most sites like that are mostly likely scam. It is better to hold than to store your bitcoins in that kind of sites. Consider always the risks before you make a decision or a move. Think about the possibility that may happen. You should only do a decision if you think that it can benefit you in the near future. Storing your bitcoins in hardware wallet is better than investing it in online sites that offering returns because the risks are high and your bitcoins cannot be refund.
675  Local / Pilipinas / Re: Pinoy takot paren sa crypto-investing? on: December 16, 2019, 12:43:16 PM
Kung kaya nasisira ang imahe talaga ng bitcoin dahil sa mga manloloko. At sa tingin ko marami parin ang maloloko dahil s pagtangkilik sa mga invest na ponzi dahil sa malaking pursyento na makukuha ng ilang buwan.
Itong mentality ang dapat maalis sa mga kababayan natin. Kasi ang gusto ng karamihan ay yung mabilis na pagkita, kaya ang iniisip nila kapag may nag alok sa kanila ng bitcoin. Ang akala nila ay ito ay instant profit na investment kahit hindi na nila dapat pag aralan pa. Yun lang naman ang dapat nilang gawin, pag aralan lang nila at madali na nilang madistinguish yung mga scam at hindi. Kaso ang nakakalungkot lang kahit na nabiktima na sila, hala sige invest pa rin kahit hindi nagreresearch.
Madami kasing greedy na pinoy eh kung saan gusto nila pag nag invest sila ay kikita sila ng malaki sa maikling panahon. Sa realidad walang ganun investment kaya madami ang naiiscam sa internet dahil naniniwala sila sa investment na makakuha sila ng malaking halaga sa loob lng ng ilang days or weeks. Nag karoon ng masamang imahe ang crypto dahil sa mga pinoy na puro rant sa social media dahil daw na iscam sila pero ang totoo sila naman yung may kasalanan.
676  Bitcoin / Bitcoin Discussion / Re: Share Your Experiences on: December 16, 2019, 05:10:15 AM
I have started by checking some specific fauceters from some ads i received.

Then found out inside those fauceters Primedice Casino and joined it.
Started gambling, learned alot of new stuff about Bitcoin such as how to withdraw, addresses, wallets, what were exchangers and how could i get btc to fiat and vice versa.

Had some difficulties in gambling and trading on start but then got hust to and was very good experience to achieve at what i am now.

Also started reading more news about cryptocurrencies so that i could be aware of what could motivate both prices rise and drops.

cool story bro  . not you but i see majority of users here were also started as a faucet claimer but of course that includes me as i also started to lurk on faucet sites to earn dust/peanuts  but eventually i got tired  so i step up the game from learning other stuffs on how can i earn a little bit more of cryptos . thankfully i stumbled upon on different paying sites including on this forum   . thankfully that my efforts are paid off as i still earn some cryptos until now despite the fall of the price  . 
My first sathosis are came from faucets. When I was a newbie in the market , I thought that faucet is worth it and I can earn big amount of a bitcoin. After 1 week I only earn about $2 and I found out that my effort are just waste of time. I found this forum when I searching in the internet. I get curious and I started to read different threads and it helps me to understand more and have a lot of knowledge about cryptocurrencies especially bitcoin.
677  Economy / Gambling discussion / Re: Decisions for a better life on: December 16, 2019, 03:41:38 AM
We all know that being an addicted gambler is a very tough spot in our life, but what if you need to decide what to choose, your addiction or you family? i.e., the given situation will be that you need to decide on the spot if you want to pursue your "career" in gambling or make a good simple life with your family? what will you choose?

If I we're to decide I always prefer living a simole life with my family, getting secure and permanent job is a very good options to have. I won't waste every opportunity to provide comfort to my family. Gambling isn't a career to consider, I don't know with other people's vision on gambling, but we should always put first thing first before dealing on some uncertain situations.

That is right. We should not waste the opportunity that can give a better life for our family. We can provide something that can give happiness to our family because it is hard to get happy with them. Gambling is an option for us whether we play or not, but the family will be the most important thing that we should care about. We must prevent ourselves from the addicting to gambling because if that thing is to happen to us, then we will lose the opportunity to feel happy with our family.
Of course the answer is obvious, if you have family then why are we gonna be let ourselves to become a addicted gambler. As a gambler we should control our selves where we should know our limitation. I am the bread winner of my family and my source of income is trading. Gambling for me is just an entertainment and that is why I have control over it.
678  Economy / Trading Discussion / Re: Long Term VS Daily Trading on: December 16, 2019, 02:40:29 AM
If its a bear market, dont expect the price to change a lot in a day or price will not move enough that could give you profits thats why day trading is not advisable on this kind of market condition. Long hold and patience is what you need. Dont listen  to those who give out signals, they are just helping themselves and not the others as they already bought ahead of you before they made an announcement.
I would suggest the same. There are only few whales who can predict the correct movement of the bitcoin price chart and those guys would never share publicly because they control the market they would never want anyone to know what's going to happen because that's how they make profits. Still, yes investment or say holding is the safest option because you are not hurried into selling and not shaken by a sudden price drop.

Most of the groups on telegram that seem to predict price are nothing but pure guesses and some basic market knowledge because I have been part of many such groups and they hardly work.

Most signal groups are scammers so no one should not trust them.
They created those groups for their own gain.
I followed few of them before, but i couldn't get the right timing.
They are the ones who are actually benefitting from those groups.

So doing your own trading is sometimes less headache.
Daily trading may give you small profit but in the long run, if you will combine all those profits, the amount is significant also.
There are still people who are dumb because they keep believing in trading signal groups. Those are greedy persons who are really pressured to make money. It is better if we will decide on our own than to believe to the opinions from trading signal. It is your money and they do not have any liabilities if you lose in trading. You can protect your money if you will not follow or join in trading signal groups.
679  Economy / Gambling discussion / Re: [What IF] Part 8 on: December 15, 2019, 10:14:20 AM
I will laugh of course because the result is unexpected, I won even though I accidententally clicked the max bet. I think if that happen my mindset will change and I will tell my self that luck is favoring me. I often making mistakes in gambling and it dissapoint me because of the negative result but if the mistakes that I accidentally cpmmited and it give me a gain then I will happy.
680  Economy / Economics / Re: Top Three Emotions to Check to Succeed! on: December 15, 2019, 08:06:29 AM
yes you are right op. controlling emotions in investing crypto is very important because most people experience defeat and lose their capital because they cannot control emotions. being greedy will keep us from getting anything. it's better if the coin has increased 50% we sell and take profits. and we must not be afraid either. some people panic when they see a fall in the price of coins and rush to sell. if we are calm and patient then we will not suffer losses. (this applies to bitcoin investments). I am always sure that after bitcoin has declined it will definitely increase. we just need to be patient.
Our decisions are all depends on our personality. Checking our psychology before investing or trading is really important to consider because it is a factor to become successful. If you have poor investing and trading psychology, there is a high chance that your decisions will lead you to losses. You can handle the risks if you know how you will control your emotions and also if you fully aware to yoy personality.
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