The fees are quite high at the moment, but so is the Bitcoin price. 1 BTC is around 28k USD again which a 70% increase in 2023 alone. Comparing to what the price was last year and where we likely bought our coins the fee is not that high. I am still gambling on crypto casinos, but prefer to not deposit money with Bitcoins anymore. Since the bear market 1.5 years ago I try to avoid spending any Bitcoins because the price is too low. For me the best way is to deposit money with fiat currency and then withdraw any winnings in Bitcoin. Like that I can grow my crypto portfolio over time and don't need to buy coins on an exchange. To a certain extent I would also leave some funds at the casino, as long as its below 200 USD I would not withdraw the money instantly, only for bigger wins I would take the high fee to save some of my winnings. The risk of leaving all the money at the casinos is that we gamble more and with higher bet sizes to eventually lose all our previous winnings again. Better to pay a small fee and save some money long term.

A welcome bonus for new users seems like the easiest choice and should be part of any casino in today's world. When you get 100 or 200% bonus on your first deposit it's a great way to get to know the casino. Even if you are unfamiliar with a game and lose some money at first you won't feel bad about due to bonus. A high welcome bonus is also a good way for casinos to be competitive with each other. Unfortunately most of us here on the forum are regular gamblers and don't apply anymore for the welcome bonus as we have played on most of the big casinos already. That is why it would be great to get some special bonuses for recurring gamblers that are already customers at your casino. Cashback is one form of it, but that usually depends on how much money you have and how much you gamble with. Instead it would be better to have some bonuses that are independent of our bankroll. Freespins are probably the best way for that as it gives everybody the exact same opportunity.

A few years ago I would have taken a better opportunity abroad in a heart beat. As long as it's a good and reliable offer I think it's a good idea to move, if our social situation allows. Unfortunately my personal situation changed since covid and I need to stay closer to my family. My dad is already old and in not good health anymore, he still lives alone but it's getting close to the point where we need permanent care for him. My sister is living further away and it basically comes down to me taking care of him. That's why even for the best offer I would probably have to decline and stay in my country. Maybe there could be an option to not relocate and work remotely from home if the job allows it.

I agree, having waging requirements as a multiple from our initial deposit is fair by the casinos and shouldn't be a big deal. The casino needs to protect themselves from gamblers who deposit money to take advantage of bonuses and would directly withdraw after one win. All this is written in the terms of service and can be read before depositing, if we aren't too lazy. Also placing bets in total of 2-3 times our initial balance isn't such a big issue if we focus on save bets and spread it out over time. The worst thing we can do is to try and go for risky bets only to meet withdrawal requirements. The scam would be of course if the casino sets randomly high withdrawal requirements that are liked to fixed numbers, independently from our balance and betting amount.

Most of my friends like to play slots like me, but so far nobody from us has won any big jackpot. There were some decent winnings in the past, still over all the years we are playing we are s in the reds. In my opinion to make money long term with slots you must be a very lucky person. I haven't heard from anybody that uses mathematical tools for a winning strategy in slots. Since all the RTP in slots are below 100% it means that we are going to lose money the longer we play. The only real option we have is to win a big jackpot to get back into the black, and then mostly depends on luck. Another chance could be go rely on free spins, but they are hard to come by.

First time I am hearing of these sites, can't give you much information about it. But if you have to pay to play the games and you can withdraw fiat money when winning then it sounds more like gambling than actually gaming. It comes down to what type of games they are, if they are based on randomness or skill. Any skill based games against the house and not other players could be exploited by professional players and lead to big losses for the company. That's why I would assume it's luck based games, which basically means it's very similar to slot machines, just with more player input.

I would be very careful in your case when investing larger sums of money in Bitcoins because of the illegality in your country. As long as the political situation is unclear in your country it might be hard to convert the Bitcoin back to Fiat money again. Maybe there is already a political movement that wants to legalise Bitcoin and it's only a matter of time before things change for you. It's still a big risk right now and I am not sure how the laws are for you about money from illegal activities. Could it happen than when you want to transfer money back to your bank account from selling Bitcoins, that it will be confiscated? Also don't be fixed on a specific time frame when it comes to Bitcoins, it sounds a bit that you expect a price of above 100k USD in 2025. There is no guarantee to for it to happen, it could be that it takes a few years longer to reach a new ATH. Just make sure you don't invest money that you need in the near future for your university fees or other important things.  

In my opinion the whole idea of public advertising is going to shift more in the future and taking down gambling ads from football T-shirts is not going to have a big impact. Having flashy big advertising on TV is nice to promote a company, but haven't we all already heard of the company before? It's not like we see it for the first time. Usually the TV ads is just one part of their whole marketing strategy, which is likely going to change more in the next year. It's all about having ads reaching directly the people who are interested in the topic.  These big football matches have millions of people watching the games on TV, which all has to be paid for by the company to display their company logo, even though many of the viewers are not even interested in gambling. It would make much more sense to have advertising on the phones and internet which focuses on people who have gambled in the past.

Do you mean multiple trades within one asset or across multiple different coins? I don't really see the problem with running multiple trades and strategies in the bitcoin market as long as you can fully understand them, stay on top of them and most important you make money from them. But if you are running multiple strategies with different crypto coins than it could become too much to handle and staying uptodate in all the markets at once is difficult. In my opinion it's better to fully focus on one coin instead of spreading out our time and money if we are trading actively. In case we want to invest only and not touch our positions for a while, I would recommend to spread our money out. But in the end it comes down to what suits us best and where we are the most profitable. From what I read from you it sounds like your friend is struggling in his current setup and it would make sense to change his trading approach.

I am no expert on green energy, but I looked into solar energy for my dad who thought about putting some panels on our roof. The main problem with green energy is that it all depends on the location where you put them. In our case it just didn't make sense to put down solar panels because they wouldn't profitable long term, the amount of sun we are getting is not enough and once the government substitutions run out it wouldn't make sense anymore. In wind energy it's very similar, the wind turbine need to be placed in areas with the most wind. The best place for them is actually in the ocean, as there can be much bigger turbines than on land. The problem is that most people don't live near an ocean. The best would be if we can transfer energy over large areas without any loss, unfortunately technology is not ready yet to store large quantities of electricity. 

I agree with you, a bitcoin price off 100k or 150k USD is definitely possible during the next big bull run. I am not sure about the timing though, if it's really going to take 5 years for bitcoin to reach such levels. In my opinion it could happen a lot sooner and we should be more optimistic after the halving next year. Also it's good to have a plan in place what to do with your coins once we reach certain levels. At 100k USD I am not going to sell any of my coins, at 150-200k USD I would consider taking profit in 30% of my bitcoins. The rest I am going to hold even longer. In the past I made the mistake of selling all my bitcoins at once, only to regret my decisions a few months after. After that I told myself to never sell all my coins, it's better to only sell fractions. Because nobody knows how high bitcoins are actually going to rise. 

I agree with you that crypto currency investments are more suited for young people than the older generation. With real estate it's a bit different because it requires so much capital. When looking at the time frame of real estate deals you would expect more younger people to go for it when we need 20 years to pay back the loans. The issue is that we usually need to invest 20% equity for the bank to give us a loan. Without support from the family it's nearly impossible to get a deal done. That's why it's so much easier to invest in cryptos our small amounts of money, and to accumulate more capital before buying our own apartment or house. Another issue is that investing in real estate usually means that we put most of our money on a single deal. The risk is much higher than when having a well diversified portfolio.

I don't even remember when the last time was that I visited a physical betting parlor. There are still a few in my city, but I never see people in there when I pass by. It's a surprise to me how they didn't close down yet. Online sports betting is definitely the future, it's so much more convenient to place bets from the phone or PC. Among my friends everybody is placing their bets online these days. Even though the fraction of friends who use bitcoin sportsbooks is small it's my preferred websites. For me the best way is to deposit fiat money and withdraw in crypto currencies. Like that I can grow my crypto portfolio with my winnings, and then get a nice boost on winnings when crypto prices are rising.

I don't think the problem is within the crypto community, but rather a general problem we have in society today. People are not thinking critical when it comes to money, because there is no financial education in school. We never really learn how to deal with money properly and become to easily excited about false advertising. When objectively looking at all these scams out there we should notice in 90% of the cases that it's good to be true. It's all about developing some common sense when dealing with money, that includes cryptos currencies. Another problem is that the crypto community is still new and not regulated that much. It's easier for scammers to take advantage and it's harder to trace any stolen funds. The best thing we can do is to promote all the major scams, so that nobody else falls for the same trick again. Unfortunately it's hard to avoid all the scams and it takes in some cases the pain of losing money to be more sceptical in the future.

I don't think casinos can really be decentralised, because they need one main server to run all their games. If they would not centralise their whole software it becomes very hard to ensure safety for the customer and security for the money being deposited. Since the casino is in charge and also liable for all the profits they must make sure that no unauthorised person has access to confidential data. If there was an issue with personal data being stolen I think that many gamblers would be switching casinos. As for my favourite games I like most casino games that involve cards, so my top games are Poker, Black Jack and Roulette from time to time. Gambling is mostly based on luck, not on skill. There are some strategies we can use to increase our winning chance, but there isn't one strategy that will always let us win. That is also why I would never use leverage to try and boost my gambling profits. The risk is too high that we just lose more money and then will be stuck with a bad loan we need to repay.

In CSGO the Paris Major is around the corner and we are having the first matches for the 8 spots in the Legend Stage happening on Monday. The matches are best of 1, so the teams need to give everything and can't make any major mistakes. There are still a few weaker teams in the tournament which leads to some pretty one sided matches where I hope to make some small save returns. One of the most sided match will be G2 vs TheMongolz, where G2 should be winning this match easily. And FaZe is going to play against Monte which should be a clear win for FaZe. The two closest matches on Monday will be OG vs ENCE and NiP vs MOUZ, the teams are very equal in strength and the matches could be going either way. I am going with ENCE and MOUZ for the two matches but only in a small size to not risk too much. Better to save some money for the big matches happening during the major.

It's because the whole world became so connected and most big corporations have a global supply chain. The manufacturing and production of most goods happens in different countries then where the products are being sold. And between all those countries you have a huge logistic industry that relies heavily on cheap fuel and energy. Let's say a company buys cheap material around the world that will be shipped to country A for production and then shipped to country B to be sold. If now food prices rise globally, the workers in country A will ask for a higher salary which will lead to higher cost for the product. On top of that are fuel prices rising and making the transport more expensive. This means that in country B not only fuel and food prices are rising, but also all the products produces in country A. So the salaries in countries B have to rise even higher. It's a spiral that keep spinning globally and it's hard to stop.

That's an interesting concept to focus on time management to have free time every week to focus on trading. I would expect that most people here on the forum are doing crypto trading in their spare time and have a full time job that consumes most of their time each day. That is why I mostly focus on the weekends on my investment portfolio. Depending on your family duties you might be able to spend 1-2 hours in the evening on cryptos. It makes a lot of sense to evaluate our daily tasks and categorise them into necessary, important and waste. If we can cut down on some activities that don't provide any benefits for us it's already a win.

It's really hard to compare the value of fiat money overtime without adjusting it for inflation. A 30 year time period is a very long time if you assume a 2% inflation per year. The problem is if you don't invest your money for such a long time and lose purchasing power every year. I still remember in the 90s where 1 million USD was a huge sum and it actually made a difference. Today a family owned apartment in a good neighbourhood can already make you a millionaire, even if you have no money at all in your bank account. It's best to get away from fixed numbers, like saying I need 100,000 USD in my bank account and I will feel rich. It's better to look at your wealth in terms of what you can buy with it. Everything is relative to the price of goods you have to pay. Another solution would be to move to cheaper locations. With 100k USD you won't get far in Singapore, but you will feel like a king in Philippines.

Danke Willi für ein weiteres Gewinnspiel.

Ich probiers diesmal mit der 13:

13 - Mauser

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