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Showing 20 of 4,250 results by harapan
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Topic
Board Gambling discussion
Re: How is wealth distributed through Gambling
by
harapan
on 20/07/2025, 21:37:20 UTC
Money runs gambling. It gets transferred from a point to another. From the poor to the wealthy, from the wealthy to the poor.

Let's first talk about how the poor gives the money to the wealthy.... They allocate a huge part of their money (which isn't a lot in the first place) to gambling thinking that this would be the quick fix to their problems. This is how they give the money to the wealthy in this case the casino owners.


This post excites me such that I love the fact that everything is being broken down for easier understanding but I'll quote by saying gambling can't literally make anyone rich that I know for sure. The chances are quite slim and anyone that has made it through this means has some other means of income, but then yes the poor might risk all of what he has to gambling and then someone else might win a jackpot but doesn't necessarily means that they are made wealthy through that means I don't know if you get me. Yeah the casino owners are always at the receiving sides but does it make them wealthy?.
Post
Topic
Board Speculation
Re: The BTC drops is causing panics
by
harapan
on 20/07/2025, 21:25:31 UTC
that's why it's only invest with money that you are ready to invest. because most people force themselves to buy bitcoin using money that they are not ready for... and when the market is in an uncertain position, they tend to panic and worry that the investment they made will drop drastically and cause severe losses. but what is certain is that if someone understands about long-term investment in bitcoin, they will not panic when the market is not on their side. what they do is stay calm and hold because this situation is only temporary, the market will definitely improve in the future.

Exactly that's why it's decentralized and volatile and advisable to hodl or invest for long term purposes. Moreso there's no need for a panic cause Bitcoin is an investment that tend to results in actualizing one's dream, so therefore  when observe a drop one need to understand that it's just for awhile it'll definitely obtain a good state suitable for earning profits.
Post
Topic
Board Speculation
Re: Is $200k still possible for $BTC this year?
by
harapan
on 20/07/2025, 13:33:48 UTC
Let us talk about $BTC for now, do you think we can still attain $200K this year, because with the way things are going it seems the factors that can assist in making this possible are not really working. So if $BTC will reach $200k this year, what are the things u think must happen?

Going through the market trends will give you an oversight to know where Bitcoin it's solely heading to. Though we observe new ATH and it's a clear sign we are approaching a dip, it may not occur now but soon enough we'll hit Bitcoin at $200k certainly before the year runs out and it will be a thrilling one.
Post
Topic
Board Speculation
Re: Discretionary Income vs Emergency Funds: Why It Matters for Bitcoin Investing
by
harapan
on 20/07/2025, 13:24:27 UTC

I totally agree with you on this, Emergency funds are meant not to be touched but rather they are meant to foot the bills of unforseen circumstances. But for discretionary income one can decide on what to use it for, either for savings or what a view.but then most investors don't understand this principles and get it twisted so your point clearly state one save what remains out of paying their responsibility bills.
Post
Topic
Board Speculation
Re: Undoubtedly, bitcoin has gotten to all time high
by
harapan
on 20/07/2025, 13:16:30 UTC
Wow bitcoin holders have been all smiles these past few days. Bitcoin continues to set new ATH and after previously reaching a high of 118k, Bitcoin has recently experienced a slight dip to 117k, but that doesn't mean the bull run is over. I think 120k is just a matter of time. Let Bitcoin catch its breath and we'll see. I'm sure this excitement will continue this year perhaps reaching 130k/150k by the end of the year.

Definitely we'll certainly see more dips soon enough just as we're approaching the end of this year, for me i sincerely want to see it go beyond $150k as Bitcoin is experiencing an all time state I'm enjoying the movement and pattern it's going and for sure hodlers will smile soon.
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Topic
Board Speculation
Re: Is BTC to 150K still happening this year?
by
harapan
on 20/07/2025, 12:25:55 UTC
I've actually been waiting for $BTC to drop at least before it will move up again, but each time I sleep, I just see notifications that $BTC is pumping again. And now it has finally broken the all-time high. My genuine question is: what is the force behind the bullish trend that we're seeing now? Because I've checked the internet, and I haven't seen any news that affects the current waves we're seeing.

Few days back i noticed Bitcoin price was at $123k so close on reaching $150k so we just need to exercise sone patience and study the markets to know what's before us. If you ask me I'll say the force behind the bullish trends is certainly  the change in price and hence before the year comes to an end we would definitely see more  of this and probably Bitcoin might go higher than this.
Post
Topic
Board Economics
Re: “Are you HODLing during this period of Bitcoin price volatility?”
by
harapan
on 19/07/2025, 20:31:36 UTC
Bitcoin's market price has suddenly dropped from a high of $123k to $118k. I don't think it's time to panic completely, but it's time to be cautious and patient.
Some in-depth economic or technical analysis, self-control and a risk-taking mindset, and confidence in long-term goals are the most effective steps to take during this price fluctuation.

Do you have a long-term plan in Bitcoin during these volatile times?

It's a favourable period for hodlers to set up minds  and secure their place for profits and it's a time to take note of ones dealings and be patient in every steps of the way, though my plans for this change is to get enough coins ready and hodl for long term purposes.
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Topic
Board Economics
Re: Housing is no longer a goal for the next generation
by
harapan
on 19/07/2025, 20:22:49 UTC
Housing prices keep rising, but wages haven’t kept up. For many young people, owning a home is no longer a realistic goal -  it’s becoming a luxury.

What used to be a natural part of adult life has turned into a debt trap or simply a fantasy. More and more young people are realizing that buying property under current conditions makes little financial sense.


Honestly speaking the rate at which rent is increasing in my country is so alarming and sometimes i wonder how one will get pass through this, and  it's making life uncomfortable and uneasy for the poor. Cause everything keeps going to the high side sometimes i wonder if there's hope to own ones property.
Post
Topic
Board Economics
Re: Content creation
by
harapan
on 19/07/2025, 20:10:02 UTC

Now, I am seeing many more kids just get into it right away instead of trying to find other traditional jobs. The older generation do not even consider this a real job. But do you think, as lucrative the industry is, will it survive? Will it continue to be a good source of income? If you are struggling financially, have you ever considered content creation? Does content creation offer anything to the economy?

These era most things are being monetized such that everything you find yourself doing can result in giving you profits in the long run depending on your consistency. It's a big flex cause most people find themselves or aspire to become a content creator as it seems like the oil money this era.. I'll say it offers a change in the economy such if every individual can understand where they are good at and key into it, they'll probably make cool cash so with time it'll lessen the rate of unemployment cause they younger ones will stick to content creating that will fetch them money instead of doing illegal things.
Post
Topic
Board Economics
Re: Will banks go on extinction if they do not adopt cryptocurrencies?
by
harapan
on 19/07/2025, 20:03:36 UTC
People would wake up if, for one fortnight there is no more electricity. None.
No Internet just air.

Certain things will remain unchanged no matter the circumstances so regardless of crypto existence and adoption it's definitely will be an impossibility for banks to go on extinction. For instance we need light and thus since the use of the internet isn't adopted, we expect electricity to go on extinction?? Hell now it's never gonna happen. I think alot of patience is needed so the banks can see the advantage and benefits of cryptocurrency and enhance it's adoption.
Post
Topic
Board Economics
Re: Famous people that died poor
by
harapan
on 19/07/2025, 18:59:55 UTC

Well I would agree with you about the other two but for Michael Jackson it's not applicable to him cause he died leaving a legacy of assets behind that till date he's known and remembered for his deeds, and at such there's still much left  on his behalf but likes of Mozart he was known to be a successful song writer but i think he was misled which results to his bankruptcy. One thing I know is that people will always remain in debt no matter how much they make or get.
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Topic
Board Trading Discussion
Re: Trading by Influence
by
harapan
on 18/07/2025, 15:58:14 UTC

Influence from unknowledgeable traders will put you in a state of confusion and sometimes you will be wondering what's your next phase. It's so inappropriate to have a novice influence you about what you intend to when you can actually get informed by making good research and setting good strategies for positive results. I think most times we belittle ourselves and hope on some things that'll end up failing us.
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Topic
Board Trading Discussion
Re: Has James Wynn deactivates X account?
by
harapan
on 18/07/2025, 15:52:23 UTC
How on Earth does someone have a nine-digit account and not know anything about risk management?  Grin
Maybe he was right when he said he was just lucky. Probably traded some memecoins, got some nine digit figures through "luck", jumped into leverage trading thinking it would be the same and got rekt. Sometimes. I think people need to learn the hard way.

I so much wonder probably he's this reluctant about the whole matter for some reasons known to him cause he believes luck will always play a role for him while he watches from afar but he should have beared in mind and limited his chances of taking so much risks as that.
Definitely he has actually learnt the hard way.
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Topic
Board Trading Discussion
Re: My Biggest Trading Mistake and What it Taught me
by
harapan
on 18/07/2025, 15:46:49 UTC

1) Don't blindly trust signals, take your time to access and verify it.
2) Do your own research(DYOR), coz it gives you confidence and control. 

I would place my points on this that most of us as traders are always bent on signals and then we get everything bursted while some traders will always rely on friends opinions and decisions about a coin without doing our own research and findings. So it's high time to rewind and restrategise on this issues.
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Topic
Board Trading Discussion
Re: The One Question That Every Trader Should Ask Themselves
by
harapan
on 18/07/2025, 14:52:05 UTC

Before going into trading there are certain things a trader needs to consider one of which seems like a rhetorical question but it's something you should bear in mind that, I'm ready to bear and face the consequences that comes while trading.

So with this I believe any one going into trading has gotten the answer to this question.
Post
Topic
Board Trading Discussion
Re: What do you do with a good trading strategy?
by
harapan
on 18/07/2025, 14:45:35 UTC
Adapt. Yes, you should know that your strategy might not work in all market conditions. So you adapt to the changes that the market develops during various Global or fundamental events. One thing many people fail to do as a trader is that they fail to update their strategy over time and feel more relaxed. The world is evolving and so is the market. You can have a good strategy but still not be profitable because you failed to adapt to different market conditions...

Exactly so many good strategies may not be favourable to different market conditions thus is a more reasons one need to take not of this and make hay while the sun shines. So I key in the aspect of saying when you think your strategy is fluctuating in giving you profitable results do well to update and upgrade it for better performance.
Post
Topic
Board Gambling discussion
Re: Have You Ever Felt Like Gambling Was Affecting Your Life Negatively?
by
harapan
on 18/07/2025, 11:24:05 UTC

Have You Ever Felt Like Gambling Was Affecting Your Life Negatively? And if so how?


Once upon a time I felt that way that gambling was draining me alongside affecting me negatively and it all started on my first instance into the gambling community, feeling so naive and wanting that I'll get so much in it than i can imagine. But everything became a reality to me when i started mis managing my bankroll and having consecutive loses so I had to do a recheck on it and controlled it.
Post
Topic
Board Gambling discussion
Re: The Dangers of Becoming a Professional Gambler
by
harapan
on 17/07/2025, 22:24:03 UTC

First thing first, I doubt if there's anything or anyone known to be a professional gambler and I'll really want to know from the person's perspective on what it takes to become a professional gambler.nevertheless gambling is meant to be enjoyed not a medium of doubling one's income and along the line while doing it results to some damaging benefits which are what you listed. So if I'm to spot one dangers,it poses high addiction rate of individuals
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Topic
Board Gambling discussion
Re: consequenced of promoting illegal casinos.
by
harapan
on 17/07/2025, 19:30:31 UTC
I read a post saying that here in our country, the government has started cracking down on illegal casinos, and they’re also looking into ways to get vloggers promoting them banned from their social media accounts. I even saw some of the names mentioned, the top one had 13 million followers, followed by another with 9 million.


Absolutely this will be a lesson to all that are encouraging and promoting illegal casinos, sincerely speaking there's no pain to them cause all what they care about is that they are being paid  for promoting this casinos but they ain't thinking about the aftermath and the damages it'll cause. So I think the actions taken to take down this vloggers would serve as a lesson to all.
Post
Topic
Board Gambling discussion
Re: Should religion speak on gambling for the whole country?
by
harapan
on 17/07/2025, 11:01:40 UTC
If you do not know, Philippines is heavily Catholic. 85 million individuals are Catholics in The Philippines and that makes up 78.8% of the country. A lot of the laws and beliefs in the country are influenced by the Catholic church. Even matters like divorce and LGBT rights are decided with the influence of the religion.

Obviously, we should respect the religion and the beliefs upheld but what about those who are not Catholic and would wish to continue to gamble? Does religion have the right to be included in conversations regarding gambling if their beliefs cloud their judgement?


Well for countries like Philippines that power is controlled by religious bodies I think it's a good start for them cause the church is gaining access and domination over slot of things thereby reducing the rate of crime in the society. Snd I'm pretty sure the decree on gambling will have huge effect cause as Catholic they'll always want to abide by the doctrines of the church and save most citizens as victims.