Do you want casinos to lose and close their shop? Where will the fun be? That's not gonna happen, and the fact that the playing system of whatever game you are playing or want to play is wired more in their favour is the reason why you still see them in operation and that many more are opening their new shops to partake in the way money making avenue. You can't expect them to allow you to always win all the time and the first game option might be your luck which you never took seriously.

There are some games you play at the initial stage that will lure you into playing more and get convinced but will later lose. That's how the algorithms work, they may not be tricking you or adjusting anything internally but the system has been programmed already by the programmers to always work more for them, or give you the hard puzzle to solve. It now depends on your luck at that time in most cases and not the way you think or believe you are clever in playing it. Once it is a casino game you are playing, you should just play it with the mind that you are relying on luck and not expertise, or else, you will regret it. This is why a reasonable amount of money is also important here. If you wager too much money and that is not your lucky day, it becomes a problem.

Oh boy, you should try to caution the excitement still, I know you are not addicted to gambling, even to have said that, but we all need to moderate things. It started like that in some addict's cases, it will just creep in unsuspecting, especially when you least expect such can happen to you when the fun is the purpose but has blinded you.

As for your questions, gambling excites me too but the warning I issued above has been helping me to behave responsibly towards it. Nevertheless, I doubt if I can be addicted to gambling. Do you know why? I am already addicted to trading and investment (if addiction is the right word to use). That's what I know I may not do in a day and feel ill about myself. And since they are earning for me and still have almost all the space for that addictive capability, I don't know how gambling will take any huge space in me again. This is very practical in my gambling activities, I gamble when I want to gamble and not as if it is compulsory for me to gamble. But for trading, every day, it is like a compulsion, only that I do not pull the trigger when my strategy does not say so. Insightfully, you can see it will be difficult for gambling to take hold of me.

Although Bitcoin is not money per se since it has no commodity backings and is still young for a time-tested store of value. But notwithstanding, it can still be used for what money is used for because it can easily be exchanged for fiat currencies and even be used to purchase goods and services directly. Besides, what is making Bitcoin look more centralised is where licencing and KYC are being applied due to regulation and the cooperation of the companies dealing with it. They have to obey the authorities of the countries they operate or get their licence from, which will in turn require and expose a lot of the crypto dealings by the company and their customers.

This has so much influence on Bitcoin transactions as many details could be revealed, but not the Bitcoin system itself. It is just a way for it to still preserve its decentralisation characteristic but without hidden benefits again. For this, it is not the Bitcoin system and operation that is affected but where you use your Bitcoin and what you use it for.

Sorry about your bad experience with trading using a traditional broker's platform, that's why we should know the kind of broker we are opting for. Actually, the name of that broker is not "exiness" but Exness and I do not think it is as bad as you tagged it. I had dealt with it many years back but left not because I had any issue with them but because they are a Market Maker type of brokerage and I do not like such a brokerage arrangement in my trading principle. However, the way you complained about it shows that you do not know much about trading and you did not even tell us what the broker did wrong actually but just alleged, which is not fair. And based on my experience when traditional brokers are compared to the exchanges, including Binance which is the most popular, the traditional brokers are still fairer than them for the fear of regulators as most exchanges are Bucket shops unless you guys do not know the evil they are stylishly perpetrating.

Above all, if Exness did not scam you entirely, then it might be some fees you did not know existed which could be the Swap (Rollover charges). Though I do not know the exact allegation since you never added it, this is plainly not an exploitation if that is the case. It's in the agreement you signed.

Your points are not just valid and I would like you to know that for someone to have been investing in Bitcoin but later decided that he would divest it and invest in altcoins must come with valid reasons. The reason is often to make more money which I believe is wise. The situation we have in Bitcoin now could be discouraging to people, the price is high and it means that you can't gain more through it anymore. Imagine the person who divests his Bitcoin to invest in PEPE and FLOKI in February, such a person would not make less than 10 times his money, and I see this as wisdom.

See, committing our money to an asset is primarily for the money to be gained from it and not for the love of that asset. The moment you start attaching emotions to it means you are less of a good investor, it is wrong. We have to be smart in our crypto investment and make the money while we can. As for the scamming, that's if you want yourself to be scammed. You have to follow the due process, invest in the well-established coins/tokens and you will be fine. Also, considering the long-term investment, one can invest in their altcoins and divests at the right time, and reinvest back at a lower price, so no one is automatically losing here, even Bitcoin has its changes as well. It is all about calculation and smartness.

It's heroic of you to speak up in my opinion and I won't pretend that I never saw that accusing thread but I just skipped it because it is none of my business and having alts can't be an automatic sin for breaking the rules of the forum. But let those who have the alts limit it and I do not know the reason why anyone would have more than one alt for crying out loud, if they ever had, it could be annoying and suspicious.

I've seen a reputable member of the forum having an alt and even joined campaigns with both accounts without anyone saying a word. "What is good for the goose is good for the gander," everyone is bound under the forum rules.

As for the case of @komisariatku and @PytagoraZ, it was never proven beyond a reasonable doubt as far as I am concerned, and if it is still within the limit of the two, it doesn't call for any attention.

You seem to be mistaking some words as you misused conscience and emotion here, they are used for different purposes in the market in relation to trader's psychology. You might probably want to use instinct in their stead, regardless, traders should be more practical than psychological/emotional about the market. I advise you to always talk to your trading chart and make adequate analysis to weigh the economic data/events surrounding the asset you are dealing with rather than resolving to your feelings alone, this has always put a lot of traders in trouble. Fine, our instinct can tell us something, but have you used the fundamental happenings around Bitcoin and its chart conditions to back it up? That's how a true trader should think, we shouldn't just act blindly based on how we feel.

As it is, I will not predict anything serious before halving but just follow what my trading chart tells me even as I manage my portfolio correctly. Yet, the only thing I can see for now since the market is even getting more unpredictable daily is the $67,629 of TrendMagic. The level has been so helpful in making me gain from Bitcoin these days. I easily get between 250-350 pips from it using only that level as a reference point, and with the use of the price action in addition.

However, at present, since the market is above the level, I am still bullish today until further notice.

BNB is a very good coin, it proves it in the last bull runs and proves it again, and truly, in the next few months, it could hit the ATH again. The only regret I have about this coin is that I did not follow my mind and plan about it, it would have been nicer for me if I had kept the future trading's buy position I initiated around $200 when Binance was having the SEC issues. I knew the negative effect on the coin would be temporary, but the plan was not actualised well.

I would have been in big money now, but for some kind of fear and avoidable of greed, I closed it and never bought it again. Mind you, a lot of reasons are making BNB to rise, and one of them is the speculation of big investors, which I believe some of them will be within the circle of Binance and its associates apart from the BSC system. You can see how dangerously the coin moved within a month, it was so scary, to say the least.

I invest in Gold and Bitcoin since both are useful for traders and investors, you just need to know how to work your way through them. As we know, Gold can't give HODLers enough money just as the high price of Bitcoin now, this is why I primarily trade Gold aside from the physical asset that I have and shun holding it. Nonetheless, I've started buying Bitcoin at around $19,000 if I average all my striking points. But now, I only trade it in futures once in a while since the price is discouraging to invest and hold. As for Gold, I trade it daily with online brokers and I can say it is the asset I trade and earn most from in the financial market.

You can see none of them is useless, it just depends on your plan.

Yes, you can invest in Bitcoin at a low price and keep it. By this, you can easily gain x5 of your money in a year plus. But you can't do that with Gold. You are better trading it to earn from it.

I like to respect people's thoughts and opinions. The experts in the financial market field will think differently about Bitcoin and you can't blame them for it. But these days, a lot of them are now shifting grounds because Bitcoin is now behaving better like an asset, and with the gradual relevance it gains, it is a good reason for them to begin to change their stance.

Specifically, about Peter Schiff's regular remarks, I so much agree with him and I must say that he thinks like me. Notwithstanding, every sensible economist who is also futuristic should now be positive about Bitcoin for the obvious reasons around us.

Yes, I accept that if it is full-time trading you are attributing scalping to in your first sentence, and some people are scalping actively all day long. This is one of the reasons why I do not like the trading strategy, it is so demanding and could be tiring, and the risk is also there to say a few. Although it is all about how you plan your scalping trading system and it could even be good for those traders who are busy with their daily jobs, they might scalp when they close for work, and if it is just an hour or two, they can make a good income if they are good at it and also lucky to meet a favourable market condition at that time.

One thing that is certain about scalping which many traders say less of is that it is the trading strategy that can earn the most money for traders. So long as you know how to trade it and also manage your way out in it, you can become thousandaire in hundreds of it in a very few months in terms of the profits you gain from it excluding the capital. But note that it will stress you.

I think I should even revisit scalping these days, it was a heck kind of strategy the last time I tried it. I made money but the stress was too much.

It's commendable that you've witnessed two initial bullish cycles of Bitcoin, nonetheless, the chart can still be more practical proof of what happened than an actual witness. This is because as human beings, we tend to forget the actual that happened and even if we didn't forget it, things that happen at times may be unable to be explained exactly as it is. This is why I would like to point out to you that the bull run witnessed in 2017, it actually started in 2016 and ended in the year just as we witnessed it in 2020 which ended in 2021. Every year of Bitcoin's bull run, the coin has been hitting its ATH, and now it has hit another ATH even before this year's halving, which is a reason for concern for me.

Regardless, I expect the same bullish impact experienced in the past to happen this year after having, which should end in 2025 if the earlier patterns explained serve us right. But we should all get prepared for the worst this time that Bitcoin now resides at upper levels even before halving happened. Could this mean that a twist of events wants to happen even as Bitcoin is gaining more relevance with institutional investors and also with the ETF approval and implementation?

Fine, we can't gamble to survive and a very sensible person should know that because no one can guarantee their winning in it. But it gets worse if we gamble when we are desperate for the money, this can worsen the desperation and we can be frustrated. And as we know frustration, it can lead to anything including deep regret and depression, so it's better we shun a thing like that from the beginning. Gambling is a means to try our luck, we should never forget that, and with the stories I've heard, those who needed urgent money and turned to gambling mostly lost their money.

Maybe just about 2-3% of them scaped it through, and those who engage in this risky quest must have taken a huge risk before the money gained would be commensurate to the huge money expected to be gained. Because no one can turn to gambling for a desperate rescue without setting their mind on the higher benefits from it. Sadly in most cases, it will only take more from them than blessing them if care is not taken. There is nothing better than gambling with the right money and with the right mind, these are the only ways we will not cheat ourselves and be able to manage our portfolio properly.

Finally, I am privileged to answer the last one.

My answer is Yes here, and the reason is that my mindset about gambling has never been money-based. It has been on the fun side and a sense of doing it without being left out despite watching various sports events. This is merely the feeling of "belonging" in most cases and if I do not gamble when I want to, I do not always feel comfortable about it, especially if my speculation later becomes right. This mostly happens with sports betting.

With it, despite taking it more seriously to at least earn something from it no matter how little it is, I have not taken it as what will be earning my living, so it helps that way and it will not change regardless of my status. And this same mindset is what I believe I will still preserve when I am rich. The only thing that could change then is the amount I wager per bet because I would have had more access to funds, so there is no way I would not be thinking bigger at the time.

Let me say I partially agree with your statement in the sense that after a while (fewer years to now), people are now seeing the sense and tradition in Bitcoin which attracts them to invest in it. This is why I agree with you, and the fact that Bitcoin is an asset. Not only that, it is the asset that has found itself in the mainstream of the financial market. It can't be luck again with some people, but for some, it could still be, because some people are only doing things they see others doing. That aside, for those who are professional about it after its relevance, Bitcoin has its very predictable season and I have never seen an asset that is easy to earn from better than Bitcoin. So a calculated plan can easily make investors earn from it.

But I do not agree if we look way back when Bitcoin was just created. Those who invested then took a huge risk whether you like it or not, and it is a situation of unbelievable/unexpected things becoming a reality. For those people, they are indeed lucky, they only gambled on what they knew little or nothing about, a thing that is just irrelevant to society and the financial market. You guys may idolise them as better investors, but I don't. I only see them as those who took a high risk and were lucky with it.

This is certainly not professionalism at work the way you make it generally look, and that's what I am trying to clear here.

There is no need for a link, my friend, all that is important is for you to know that there is a new listing by exchanges or presales. Of course, exchanges are popular, you can follow any of the top ones. As for the new listings, if you are conversant with online crypto handles and news outlets like coindesk.com, you may know, because they are not always coming out in the same way or format. And of course, the social media handles they use cannot be the same because it is not the same brains behind them in most cases, which makes it somewhat difficult to know. Just be active on crypto news and channels, you might probably get the gist somehow. Even the feeds of some exchanges are good suggestions here, they like to gossip a lot to our advantage.

After locating the project, let me warn you that you are on your own at this point as any presale project could be a potential scam or real project, and no one knows this at first. But when they list it newly on exchanges, then you are better off. You should now weigh the project itself (by then you would have known everything about the website and the social media handles), the community size they have, the current price, the demand and supply, the blockchain they list it, how many projects are already available on that blockchain and many more. All these should be good enough for you to make an informed decision.

You may also use coinmarketcap.com for some information, especially for the demand and supply (inflow and outflow you requested).

Hahaha...That day Bitcoin will hit $1M, the whole world will be shaking... A single asset hitting $1M? Well, I don't see that coming, but perhaps, it will be the time that Bitcoin is compressed just like Gold to avoid it causing issues for the world. I can only imagine how many cheap billionaires would be easily produced and how that could cause global inflation at the same time. People look at this in the common man's view and not the professional/economic view, and I wonder how it would be so convenient at that time.

However, regulation of the crypto space has started but has not eaten deep into it, maybe some action will also be taking in that regard since it will look so much like an abomination by then. I expect a lot of surprises regarding Bitcoin in the future, let's just all wait and see. But people should not be talking as if they have a time travel machine which already made them know exactly what would happen.

I first heard about this almost 10 years ago, and now, it is getting more attention simply by the context of the offer. But my friend, you should not just go there, it is a fraud in disguise, a well-calculated machination to their advantage. Have you learned about the huge money they promised traders, how possible is that?

The ones I followed closely then showed that you will have to pay some fees before they allow you access to the funds, and these fees are not little, it could be running into hundreds of dollars in some cases. It doesn't end there, they would make sure you trade with their specially arranged account with a special broker, and by that, influences all your trading conditions. You will not be able to trade as you like and if you were given $50,000 for instance, you might be allowed to trade as though you had $100 in the account with the kind of restrictions they will enforce on that account. This is despite paying the high access free. So why don't you just deposit your hundreds of bucks instead of paying them as fees and start trading yourself? Mind you, that fee is not even a one-time payment with some of them, if not all. It's certainly not worth it.


The answer is a capital NO. If you want to learn trading, just find a good broker and open a demo account with it. Or open a live account, fund it with a small amount and train with the lowest risk possible. This is why we have cent accounts in trading.

However, such firms that claim they fund traders or whatever they are being called are looking for newbies and unsuspecting traders to cajole them into it to cheat them. I affirm that I have NEVER read a good story about this "Greek gift" offer. Beware!!!

F*ck it!

What a nice analogy. Of course, distilleries can't be closed for drinking issues, even as drinking has its benefits too, and just like the head can't be cut simply because of a headache, it is the solution that should be found for the person having issues in both cases. The context has been the issue of the gamblers in gambling and not gambling itself because no one forces anyone to gamble. If at all people gamble, no one forces them to continue to gamble and not know their limits and the time to stop. So we should blame it on ourselves and not casinos. I have heard many people talking about the ill side of gambling and how the government are turning a deaf ear to the negative effects. I wonder what they want the government to do in adult-related decisions. The government had done its part to ensure that the citizens/residents must be at least 18/21 years of age to gamble believing they would have been mature enough to make good decisions in this regard.

Even the most addicted to gambling I know are far older people than that age limit, which makes it even worse and shameful for them and not the government or the casinos. As an adult, I believe we should be smarter and wiser in decision-making and in handling situations and ourselves, but unfortunately, many are just living their lives like teenagers or even lower age. I don't know how the blame should ever be on the casinos that are neutral and not forcing anyone to play. It is simply our choice, and if we contract issues of emotion/addiction and the waste of money, it is we who should find a lasting solution to it. I, therefore, advise every gambler facing one challenge or another that it is a psychological thing, and when they notice it, they should try to fight it by themselves, but if their self-power fails, they should call for help ASAP.

The fast pace of withdrawal is also my most referenced consideration in choosing my casinos and sportsbooks, but in addition, the guarantee to get the money is equally important. Even if there is nothing like a "guarantee" here, the reputation of the casino/sportsbook should be high enough to warrant trust in dealing with them. This is because it is worthless to me if they either do not honour my withdrawal or delay my withdrawal. I must also say that there are many companies I have dealt with in the past but stopped patronising due to the manner in which they handled my withdrawal, though they never scammed me. But at times, the withdrawal could be delayed for 5 days, who does that in this present state of technology and competition where some withdrawals are either instant or almost instant? Those are the services I want for myself, and right now, that is the service I get with all the companies I deal with.

No matter how big and secure you are as a company, if you are such that delays my money, I will bullshit you, you should rather keep your bigness to yourself. This is still encapsulated under the good services and no casino can tell me that they have good service when their withdrawals are being delayed, and no matter how big the withdrawal is, it should be treated the same even after the so-called investigation which they did not do when you lose a huge amount of money to them.

But about the country's licencing and regulations remark, well, it is so difficult to hold onto that because most big casinos these days are registered in a less strict country which makes it more difficult to make them accountable for their bad/poor deeds. In my experience, even those casinos that are registered in countries like the UK that are better in casino regulations still cheat their customers judging by what I read online. Maybe this is emboldened by the customers low reportage, I don't know.

Nice points you have there and the good part is that good and reputable KYC casinos are all over the place for anyone to choose from, which includes Stake.com, and this further validates your point because, for example, liquidity is unwavering with Stake, to say the least. The majority can never be wrong in this regard as they troop into the centralised casinos rather than the decentralised arrangement because, despite the protection the decentralised casinos offer, almost all people still prefer the centralised exchanges, and that could only be majorly for liquidity.
And when they could get what they need there, why not stick to it? Which includes the lower general fees for betting and other transactions.

It will be a long difference if we start mentioning them as many reasons are attributed to the reason for the centralised choice which disfavours the decentralised casinos and favours the centralised casinos even aside from the liquidity. Regardless, the present-day reality is the proof and also key in this discussion, and the very good reason why we should consider the centralised arrangement even as people's reason(s) keeps pumping liquidity into it.