Having enough funds shouldn't be the only thing to focus on. Putting up a casino isn't an easy thing. It would require your skills and knowledge of this business and be honest, establishing a reputable casino will be hard if you can't meet the standards of most players. You have to make sure that you're also able to meet all the requirements needed to run a casino and where to get trusted people who could help you run this business successfully. You could risk a huge capital but you might lose it if you are not knowledgeable enough about what you are doing.
and there's marketing that is an endless spending of money for the casino to stay visible to users. you have to have deep pockets to make it. influencers are not asking tiny amounts of money to promote a casino. the casinos that made it to the top and stay on top for long spends tons of money for its promotion. the 100k initial capital OP is saying is probably just putting a casino up and running. getting it to be successful is the most challenging for it needs more funds. On marketing alone then it wouldnt really suffice and its true that you would really be needing that deep pocket for you to be able to climb up gradually because if there would be no exposure then it would really be still useless.Lets say that your site is good looking and does have those best games but literally just the same with competitors around but you dont have those advertisements or exposure then people would just simply ignore it out and cant really get sufficient number of players which would lead up into disaster. This is why crypto gambling casino is never been that a cheap type of investment, there's lots of things to be considered. |
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SBF has been abandoned for too long, reportedly he is still on vacation in the Bahamas, while hundreds of thousands of FTX users are still waiting for confirmation about their frozen funds in FTX.
Do you leave your money on FTX? Currently, there is some information that FTX is planning to pay investors from the Bahamas, the United States, and Japan. Since FTX has a license to do business in these countries, if he doesn't want to get into the law, SBF will have to refund everyone and for investors not from the above countries, their chances of getting their money back are almost zero. That's the risk we take when we enter the market, I hope everyone will learn their lesson this time, don't leave our money on the exchanges and only invest the money we can lose. I'm lucky that I never used FTX though, I only focused on using Binance and Kucoin. however, many of my friends on Facebook have experienced big losses because until now their money is still stuck there. the FTX collapse proves that we cannot entrust our assets to CEX, they use the filled liquidity to invest in other businesses and hope that the circulation of money that occurs can pay everyone but when there is an issue, they immediately collapse in less than 24 hours. Even with Binance and Kucoin which is something that you could trust like forever.It is really just that FTX arent really that much heard off on this forum but it is eventually next to Binance when it comes to volume. I dont know if its just me but this is what i do observe.Come to mind off that its never been ethical on using up your platform users funds for the sake or in intent on using to other businesses. You might be having the access but you dont actually have the rights on doing so, in which it means that on the time that you have done this as an owner and once it do gets busted then you do know on what would be next. |
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If I were the government, why would I fight against bitcoin if I can always take advantage of the good things it can possibly do to my country. Embracing it and adopting it while learning from it will be huge leap towards success and this fighting against bitcoin is purely nonsense. For me, it's like your putting your own people to prison because you are blocking their rights. India and China have their own set of reasons why they are fighting against it and banning all sorts that is connected to bitcoin, one of those reasons are bitcoin is still an unexplored water for them (which is true) and they cannot really control it because of its nature that is decentralized.
Government doesnt really like for those things which cant really be controlled nor they could get a good hold of it or totally trying out to control and this isnt surprising on why they do hate up that much. Although there are some corners of the world which did really make out some considerations and thinking that it wasnt really that a bad thing after all.Some do remain neutral and most of them are really that banning it. You could only count into your fingers on how many did really make out some positive step towards it.Its really pointless if you are trying to fight against Bitcoin and there's no sense into it. |
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With Polygon at 8 billion USD market cap, I think it has one of the lowest chances of getting a 100x. Think about it, 100x means the market cap has to be at 800 billion USD. That's more than twice BTC's current market cap. Lol. 1000x from 8 billion is 8 trillion market cap.  That's like most of the total market cap for all of crypto. Anyway.. I think noobs should be more mindful of market cap when thinking about how much they think a coin will go up. But then again you never know. I just think from what I've seen, 'the criteria' gives a better chance for finding that elusive 1000x investment. It would be naive to think that a coin that gave its investors ~350x profit, will give another 100-1000x profit. That's it, this coin has already made its 2themoon, you shouldn't expect miracles from it. It will grow, but not as fast as before, because it will be very, very hard to gain capitalization that exceeds the current one by 100 times. When a certain someone do make out huge gains like hitting 100x or more multipliers which they are still that hoping that it would be increasing or pumping even more, which does really indicate that theyre getting greedy. I do remember those old day mistakes when im still newbie into this market and with those ICO golden days where hitting up those multipliers are bit common but ended up on a disaster because i havent able to pull off those profits and still continue to hope for further which it is really a huge mistake to be done when you do deal up with crypto investment. Nowadays, its already that hard to point out those potential projects which there's no way that you could precisely tell on which one would take off. |
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You have said the same thing that an intending trader, newbie or trader who lose at 99% of the time, will not be bothered to find out what is wrong with his trade. The same thing found on the internet. The thing is about passion.
If someone who intends to trade but has no passion for it, they will continue failing in it. Trading is now a profession and every profession require passion for some measure of success. A passionate trader after reading your post will make more effort to learn but that without passion will eventually wait for opportunity for copy trading or paid signal group that is no guarantee.
\ When you are just trying out to trade just because you've seen that others been making or showing some good or big amounts of their results then you would really be ending up on this way which is indeed true. To speak out then you should really be having the passion so that you wont really be making those desperate movements or trying out to rush up things because you are in a hurry on making profits which is really that a very wrong move or mindset to have as a trader.Take it slowly and try to learn up things in a slow pace manner. Profits doesnt really come on easy way and it would really be needing that ample time for you to find out. |
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What would, in your opinion, be the best balance here?
Casino hands are tied up because of the regulation even if they want to give what the community wants, they cannot do it, because their license issuer will not let them, and they have to comply with what their license issuer asks them to do with their players, the best options or bargain for users is to play on casino with a good reputation, a casino where your sensitive information is safe and they are compliant to the authority when it comes to asking KYC FOR their users, casinos are centralized and regulated they function that way to protect their casino and their users. Unfortunately there is no other option that makes any sense for the gamblers, as much as we would like for this to not be the case it is not possible anymore, the gambling industry is huge and the governments cannot afford to ignore it anymore, especially now that they need all the money they can get due to the difficult economic circumstances they are facing, now some gamblers may try their luck with unlicensed casinos but that decision has its own fair share of problems. We know on whats the usage of taxes and this is where government do really try to snip out as much as possible with businesses and knowing on how big or profitable gambling business is then its not surprising that they would be trying out to impose much stricter rules and laws for them just to snip out revenue or taxes with this businesses which these operators cant really be having any choice but to follow it. Us users would be the ones will really be suffering on this one and as long there are platforms which doesnt ask out some kyc then we would really be using it as much as we could for now, but i wont be surprised on what it looks like in the future. |
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how do I care when I was waiting for this to come? I am looking for this drop any time soon because I have funds available to re buy but i wanted this to be cheaper and that lowering like 14k or even 10k must come.
I have to wait for better result in the future at least 2 years time?
Many people will buy because they hope the price can be cheaper, when the price occurs then he will think again to wait for a cheap price again, this is normal because to get a big profit then we have to buy at a low price, sometimes the market is not in accordance with expectations We, when we hope the price goes down but it turns out that the price goes up and if we just wait then we will get a price that is more expensive than now. People are still speculating despite that, and they continue to add to their stack every days/months/months. Spending beyond your means is never a good idea. Investing in bitcoin doesn't require much if you know when to do it. They don't always stay red forever, so we can't predict the price going down continuously! Despite its current challenges, bitcoin appears to have a bright and healthy future. For you not to panic then make yourself that get prepared for whatever circumstances that you might able to face up on this market or simply you should have make yourself be wary on what are the probability of things that might happen.Since this one is unpredictable then expect for a roller coaster like kind of ride which prices could neither be going up or down on random manner.We cant really tell on whats the bottom and we cant really tell on whats the peak price because market movement is really been affected by lots of factors which could really affect on where it would be going. Therefore, as an investor then you should really know on how to handle up yourself. |
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Newcomers in the blockchain are most likely the people who do panic selling or panicking in this kind of situation of the market. It is either they bought at $20,000 and the price dumps even more, so they are thinking silly possibilities like it would not go up again and their money would be gone to waste in the long run, something like that or even more worst scenario. Once they get used to bearish market, they will completely act different and will not panic again in the next bearish market.
When coins are sold in a bear market, it does not always signal panic. After all, there is such a category of investors who do not want to simply sit out a drawdown for several years until the market becomes bullish again. Because the only correct solution in a bear market is fiat money, which will allow you to increase your position in the crypt. I get your point. Some would have not been into panic selling but only want to see fast progress for their investments and waiting for a market recovery is just a waste of time. While others are patient enough for long term hodling, some will just chose to withdraw their capital and just invest into investments outside crypto which I think not only for newbies but even for some higher positions in crypto. When it comes to investment then diversification would always been ideal which it doesnt really make you focus on one point, as long your money or funds do really permits or does have the capability then you should really be doing this.In the time that there are some declines then you wont easily get panicked since you do know behind that you do have other various sources which could easily patch up those losses or negative.We are just indeed humans and there's no way that we cant panic even we do say that we are that already experienced. Only into those people who do have that good control of their emotions and minds could always make that right decision. |
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Betfury is my lucky casino I win a lot in this casino even though its a small amount and I am making a residual income by staking my BFG tokens that I bought last year, and I'm lucky to be part of the signature campaign so that means I can stake all the coins that I accumulate in the signature campaign and I'm planning to do that after the campaign, I'm sure I'm not the only who considered Betfury casino as their lucky casino.
Betfury is also my lucky casino. I also use this casino a long time ago. I earn huge amount of money from this casino. In this site I am so lucky and also I earn BFG token then i stake these tokens and get daily income from different Crypto. But now I use 1xbet for a casino. This site is also a my favourite and lucky casino now Be careful if you use that casino because we already saw many cases that the casino needs to solve. If you can have your lucky casino, staying in that casino is better than moving to the other casino. Who knows, you can get your luck by playing that games. You can also earn a BFG token and stake the token on that casino to get more profit. The important thing is you should keep the rule and always limit your money to prevent a big loss. That's the most important thing, knowing your limitations and always follow it, things will start to messed up if you forgot to follow your target though even you have a good or lucky place to play if you exceed with your limits the chance of losing huge is possible, if you already set your target and luck permits you, it's always better to quit and enjoy than to push and suffer once luck already backout with you. If you dont like for your life to be messed up or been fucked up then everything should be handled with limitation specially with finances.If you do have this then no matter how many times you would be transferring and playing into different place, you cant easily get wrekt since you do know your limitations when it comes to your money.Speaking about lucky casino then it is really just a thing in mind but there are no proofs that this is really that happening or could be possible.It is really just ourselves do able to make that kind of impression on the time that we do transfer and we won which we do really think off that we are really that lucky on that new place but it is really just that coincidence since gambling which everything is random. |
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Well, I also think same way, it is matter of time to see BTC price back to $30k levels. In the long run, it is much possible to hit price points above $80k. Lower BTC domination ratio and new breath on altcoin projects can accelerate alt season, I still prefer to buy altcoins for discounted price in current bear market season.
What comes up do comes down What comes down do comes up This is how the market moves and behaves which its really an inevitable thing to happen.We might be seeing extreme bears for a long time for years now but we should bare up in mind that we cant be just having this kind of behavior like forever which does simply means that market would really be having its right time to go up. And to mind off that this is the best time for us to get in considering that prices are way still too cheap or on bargain but people cant really just see that opportunity but rather they do freak out. |
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Home is a source of inspiration for life, always make a house as a comfortable place for anyone, most people do not pay too much attention to the atmosphere of the house so as to make children not want to be long at home, they prefer the atmosphere of other places so that it makes everything chaotic.
There are several functions of a house, whether it is used as a place to live or for rent. Every human being needs a house as a place to take shelter and rest with his family, because providing a house is the responsibility of the head of the household to protect his family and provide a decent place to live in. Utilization of this kind of house clearly has no long-term profit prospects. It's different if someone builds a house for rent, besides getting benefits from the tenants and the value of these assets will continue to increase in the long term, because the longer the land will be the more expensive and when people want to buy the house, it will automatically be taken together. It could neither be a liability or would really be an asset which it would really be depending on how you do make of it. Come to mind that if we do really trying to buy a house to live into it then it is really just standard, whether it can be considered as forced saving which is do partly agree because you are obliged on paying up on the amount which you had agreed upon on buying up the house unless if you have done it on full cash and not on some installment or loan but still in overall you are really that saving on having a house. Things becomes different is on the time that you have decided for this house to make out some income which you do really make it as a rental or making it a transient or whatsoever. |
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It's the first and so Bitcoin will have the support no matter what the condition of the market and how many projects are supposedly better that Bitcoin.
And we have a saying that it's too good to fall, and we have a lot of bitcoin maximalist as well who will continue to buy specially if the price is cheap because they know that it will bring for them in the future.
So with that, we should learn from this early and smart investors, that even if the price goes down very fast, let's see $10k, it will still not fall, and on the contrary, a good buying opportunity again.
Yeah, we should learn from them and how they do it. It's just two things, they're buying when the prices aren't that high and at the same time they're patiently holding. So, someone who has to learn from them needs to remember those very few things on how they're making a lot. It's not that much to remember but it's very effective to look at. On this moment, no matter what the price of bitcoin, there'll always be the buyers ready to buy those cheap bitcoins. There's always those someone who do likes to catch up with those cheap coins and its true that as long the support and consideration is there which Bitcoin could always be having that chance of recovery. It could fall down lots of time and believing that it might be good as dead but eventually as long the demand is there despite of the fear and hesitation which there are investors who do really still believe into its potential. When you do step your foot into this market then you should really make yourself prepared when it comes to these unpredictable movement on where it could go down or would go up depending or basing up on various market sentiments. |
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Bitcoin is extremely the best coin that is sensible to hold and forget. Every dip is worth another DCA.
Altcoins are another alternative to earning. Highly risky but they are the jackpot of a bullish market. Pick up several potential altcoins. It is not an easy venture, we have seen countless of these potential altcoins that became worthless. Top coins are easier picks for altcoin investments. There are occasions when we want to invest in brand new and low market cap coins and it involves due diligence. Invest with caution and always limit the size to an amount bearable if they become unsuccessful.
Choosing coins to trade is also a big factor to have positive results in trading. Some traders believe that choosing cheap coins will give them more but unfortunately, it was a big lie and a big opposite outcome. For me, I choose those coins that have a huge trade volume because this is an indication that there is a heavily active trade happening on that project. Plus, the use of reputable exchanges will help a lot. They should be accompanied together with our strategies in order to work and get what you want. This is a very basic mistake that a lot of traders make, since they want to obtain a lot of profits in a short amount of time, but they never consider that by doing this they are increasing the risks they are facing and the volatility they will have to go through, this means only expert traders should do something like this as they are the only ones that can deal with it, but newbie traders disregard those risks and eventually suffer massive losses because of it. Everyone starts on being a newbie on which it would really be just normal that you would really be experiencing lots of mistakes and errors on which even those professionals or experts were able to experience too when they are still a newbie.As the time goes by where experience and knowledge had been accumulate through real time engagement of the market then you would really be able to create these methods and strategies for yourself which it is really impossible if you cant able to do so considering that you do have already the experience and awareness.Just dont make yourself in rush because you would really be fucked up along the way if you dont mind off things well. |
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Dont be depended on the casino for your income. Me fot example lost 2000 usd today but ill get it in 7bdays max from my work. Is not my life saving.
First of all, you should know that you cannot make a regular income from gambling. Yeah, you can earn money from gambling but it is risky and you should always have a primary source of income other than gambling. Secondly, you told that you will get back 2000 usd which you lost in gambling within next 7 days? So how will you get that money back ? You have some other work or will you gamble more in the hope to recover your money? Chasing losses is just like suicide because instead on making yourself recover those amounts you would rather lose even more.This is why its never been recommended on having this kind of behavior because it would really just make up the situation even more worst.People who do mind off on making gambling as a main source of income is something that you shouldnt do because you would really make things even more worst. If you cant bare up the losses then its better to make yourself quit rather than on making things even gets worst.If you could able to handle yourself then its your choice but you shouldnt really plant into your mind that you could really be always having that winning times because gambling in long term does involved losses and thats a fact. |
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Limiting this to FTX alone does not make any difference as the whole crypto space got hit globally and there is no way we can see it recovering back quickly. There were instances where we saw major exchanges like Mt Gox getting drained due to a hack, but what happened with FTX shook everyone's belief in crypto.
Every exchange hacks does really make that shocking situation which it is something that you can just bare it out specially if you are really that badly affected because you do lost up your funds. It is really just on this FTX situation or drama which it does really have its own way or different reasoning or alibi on where those funds go which its not that typical hacking or exit scam incident but rather particularly talks about using up their investors money into some business which we dont know if its true or not. But one thing that really been able to prove out that there's no way that funds could be safe on the time that you do make out deposits into these centralized platforms. |
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I play at several casinos and the choice rather depends on the mood because I prefer to play only in casinos with good reputations, and there are actually not many of them. But I would not say that I win only in a particular casino. Sometimes I win in one, sometimes in another, but sometimes I lose it all. I have not noticed any pattern to it.
If the author of this thread says that he is constantly lucky in the same casino, then I do not understand why he plays in others.
Selection of casinos would always falls down or basing up on your mood and preference because each one of us does have different approach on choosing up a casino.Usually i dont really mind about being lucky on a casino platform and this is why i dont really have a habit on jumping from one to another because of this kind of belief.I might transfer or jump but not on the sense on differentiating luck factor but rather i do transfer because i do love on doing so or without any connections about searching for luck.Somehow there are really times which you could notice that you are particular lucky on a certain platform if you do make out comparison on the site that you are involving or playing before. |
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Yeah this is going to stick for a while now. In amazon is now making mini series based on the FTX collapse which means we are going to remember the FTX drama for very very long time. I just hope they do it as positive lesson for crypto community and future generations who are the new aspirants to take bitcoin in right direction. They must not make negative impression with this series. Neither we should keep talking about it any further. I think what’s happen is happen, now it’s time to learn from it and go ahead with more decentralised storyline.  I dont really believe on lesson learned because people would eventually be repeating on the same mistakes where if these issues wouldnt be heard out anymore then people would just forget it and starting to store up their coins on exchange platforms or any centralized services which its never been recommended in the first place.We've been keeping on saying that its never been wise to store up your coins on an exchange but people do keep on doing that until disaster happens and this is where they do just whine and cry and make out some regrets.Some cant just forget these disasters but time would pass by and when its forgotten then we would see on the same scenario once again. |
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...I don't see many professional traders on Telegram, though I do notice some in copy trading because once they've been copied, they can still earn money even if they're just trading on their own; it's a side hustle while trading.
Copy trading for a professional trader will be more preferable than a group with trading signals, since it does not require additional work related to the publication of trading signals. In this case, the trader will receive additional income, which can be regarded as passive. If im a professional trader then i wont really make myself wasting up my time on spending up on handling people to follow up my trades just for pennies.If you are really that making money on sustaining way. Then do you really consider out on spending up your time with this venture if you could make out huge money on your own?
Going back on topic which copy trading or joining up in groups just for the sake of signal is never been that recommended for you to rely on but if you are trying out to look for these things for the sake of getting ideas and awareness then it wont really be that bad. |
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How do you feel about crypto gambling in casinos?
You shouldnt bumped a 3 year old thread which is considered necro-bumping which is against on forum rules. Better not to do it again.
About reputation and since this is an old thread then it isnt updated. The ones which i do really trust up when it comes to gambling site recommendation are BTCGOSU and Cryptogamblingbro and the rest are piece of shit and cant be trusted. |
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Will the market go to the previous position?
No one knows but if we do speak about All time highs then it would surely takes a long time or wouldnt really happen specially on some coins in the market.On this case then you arent the only ones who are really into this kind of condition where you do really miss out those opportunity on selling out and even myself did lost thousand of dollars due to that greed.Therefore, the best thing to do is to move on and learn up those lessons even though it did really cost up that much. Greed could really fucked you up and we would only just stressing out ourselves on thinking into those opportunities had slipped away. |
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