As far as I know there are plenty of bonuses out there that don't require you to deposit your own money, in fact here on bitcointalk you can find free bitcoins in the giveaway section, I've seen plenty of prizes/contests/etc that give a small amount of free btc 10-100k satoshis for doing some really simple tasks, you can easily use that money to gamble, again risk free.
An example of that is Bitsler's contest, they have a wagering contest for their play money but you're only likely to win if you're a high roller because the amount of play money you get is based on your total wager. Another is Stake's challenge, it's announced on their telegram you can win without gambling a single satoshi but there is one requirement which is to send messages on chat and to do that you need to gamble a certain amount. Ok I will be adding Bitsler's contest and their free lottery as well in the OP, also Stake's challenge. Both are basically free so they should work, even if the first one is unlikely to happen, it's still better than wagering with your own money, sure high rollers are wagering a lot but they can also lose a lot to win a not so big prize considering they are wagering dozens of bitcoins. https://www.bitsler.com/en/dashboardhttps://t.me/StakeCasino |
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I don't see this idea profitable though. Sign up bunoses cannot be withdrawn unless you wager from your own pocket and reach the amount required to be withdrawn.
Like the people above said, there's a condition that will force you to deposit and wager with that amount to comply with the requirement of the bonus that you are trying to hit. I stopped chasing with these bonuses when the wagered amount has increased mostly for popular casinos. Yea I fell into this trap once, one site gave like a free $30 which I then turned into $100 but then lost it all before I was able to hit the withdraw requirement lol
Because of that bonus that you are trying to get, you even lost more than that and this is now associated if you want to claim the bonus. Before it is good but today, a lot has changed. As far as I know there are plenty of bonuses out there that don't require you to deposit your own money, in fact here on bitcointalk you can find free bitcoins in the giveaway section, I've seen plenty of prizes/contests/etc that give a small amount of free btc 10-100k satoshis for doing some really simple tasks, you can easily use that money to gamble, again risk free. |
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Never tried it but it sounds like it would take a bunch of time for a little payoff. Eventually you will run out off bonuses if you hit no winners to keep playing with your profit. you are bound to lose, almost no one stays profitable while gambling because we are all greedy and we keep playing There is the line of winners that are staying profitable on the long run ; ) On sports betting yes, on normal casino games there is mathematically no way to stay profitable in the long run, my strategy will at least ensure you don't lose money. It doesn't matter if you run out of bonuses or if it takes a bunch of time for little payoff, it's infinitely better than gambling long term since, again, you are bound to lose. |
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Recently I have been thinking about this ''strategy'' that is free but difficult to pull off. Essentially you would go from casino to casino, getting all the bonuses and welcome bonuses they give and trying to rollover them to eventually withdraw the money won. This ''strategy'' is obviously risk free since you are not using your money, the clear downside is the rollover part, 100% of the bonuses they give will need to be wagered 20 times, 40 times, 100 times, whatever it is, it's always a huge number so you clearly need a lot of luck but hey, you are gambling, you need luck anyhow, right? I think we could make a list of the best casinos that offer the best bonuses here, any ideas?
I do not think it a profitable idea because the bonus which you get from the gambling sites is not that much. Also you cannot withdraw bonus unless you wagered some amount from your own money. A better idea can be to gambling with the profits we gain in gambling and not using our seed money once we are in profit. It is a profitable idea if you compare it to just gambling with your own money, you are bound to lose, almost no one stays profitable while gambling because we are all greedy and we keep playing even when we win a big amount of money, this is still gambling so if it's gambling what you like, why not do it for free, risk free? Yes, chances are low but chances of you winning a huge amount of money with your own money were low anyways so why complain about the chances now? |
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Recently I have been thinking about this ''strategy'' that is free but difficult to pull off. Essentially you would go from casino to casino, getting all the bonuses and welcome bonuses they give and trying to rollover them to eventually withdraw the money won. This ''strategy'' is obviously risk free since you are not using your money, the clear downside is the rollover part, 100% of the bonuses they give will need to be wagered 20 times, 40 times, 100 times, whatever it is, it's always a huge number so you clearly need a lot of luck but hey, you are gambling, you need luck anyhow, right? I think we could make a list of the best casinos that offer the best bonuses here, any ideas? https://www.bitsler.com/en/dashboard (Daily wagering contest that can be done with play money)
https://t.me/StakeCasino (Daily challenges that require no deposit but small tasks to complete)www.freebitco.in (Hourly faucet claims, you can easily get 4-5k satoshis per day using their reward system, eventually and gamble everyday or wait a few days to gather more satoshis) |
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Since there is no strategy to win while gambling, unless you are playing poker against other players or sports betting, the best way to ''not lose'' is to play only with bonuses offered from the casinos. Almost all casinos and online gambling websites offer some sort of bonus, welcome bonus, referral rewards, etc. The catch is that you will have to wager that amount many times in order to be able to withdraw, however if you only play using bonuses you will eventually hit a big win.
Bonus in casinos are a waste of time and those no deposit bonus always have a high rollover like 40x-50x the bonus amount. You can't clear it to make a withdrawal because the bonus isn't big enough it only last for like 10 -20 spins until you lose. There is really no need to become psychologically affected upon losing.
It's only easy to say because you're not in the shoes of other people even if you're ready to lose you can't avoid the feeling of regret,stress etc. I already mentioned the rollover problem. I have personally won a few times, it's obviously really hard but after all you are gambling, you are relying on luck anyways so you might as well try your luck without spending any money. |
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Trading is based on Technical analysis but can also be based on fundamental analysts, some of the biggest and most successful traders out there are usually fundamental analysts like warren buffett which is certainly the most famous one. He bases his investments in fundamental analysis and it is certainly working for him. So I would have to disagree with you.
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Since there is no strategy to win while gambling, unless you are playing poker against other players or sports betting, the best way to ''not lose'' is to play only with bonuses offered from the casinos. Almost all casinos and online gambling websites offer some sort of bonus, welcome bonus, referral rewards, etc. The catch is that you will have to wager that amount many times in order to be able to withdraw, however if you only play using bonuses you will eventually hit a big win.
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Money and to be fair I'm sure what got most people involved was money too, profit, speculation. I got involved during the first bull run of 2013 when Bitcoin jumped to 1200$ and I thought it was the easiest way to make money at the time, later it crashed and I lost some money but I stayed involved in it and eventually found out how many other things the blockchain and cryptos are able to do.
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indeed, to wait for the bull run to come it takes quite a long time like in 2017, so if I think the year that will be a bull run is the year to come and many people will convince it
I guess that many people do not wait for the bull run. Some of them decided to quit trading. Another group of wise people is looking for methods to earn on crypto in any market situation. I bet you are wrong with that, there's still many people who are still waiting and that includes me. I am proud to say that I have held this long, my balance in my portfolio dropped already but I believe the crypto will recover. Bitcoin now is bullish, I thin the bull run started already, and so as many people also think like I do. You shouldn't look at it like that. We, normal people, make up like 1-2% of the market, big players are the ones deciding where the price goes. Certainly the number of normal people investing in cryptos was huge in 2017 with the bull run however those only came after the bull run start, the bull run wasn't started by them it was started by the big players. |
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Bull still in control. Some bearish action was expected, in fact needed, the RSI was super extended. We held the exponential moving averages on the daily and we are just forming a higher low compared to 3900$. We might possibly see an equilibrium pattern but we are very likely to just see continuation since the whole market is still looking strong.
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Well, shouldn't have done it illegally, what do people expect? Whether he was a kid or not, if you are doing illegal shit it's your fault. Perhaps 2 years might be a bit too harsh, I don't know.
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Bulls are already in control, we have been in a weekly lower high trend for the past year and a half almost, we broke it 2 weeks ago, that's a major sign that the bulls are back in control, we are also seeing continuation from the last bull move, everything is screaming bull run, not necessarily back to 20k in a few weeks but perhaps 6+ in the next week or two.
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The only reason ICO's ever worked was because how crazy the market was, it was the gold fever but for bitcoin, similarly the reason why ICO's don't work that much anymore is because people don't want to invest reklessly anymore, also, 99% of ICO's, even the ones who raised millions ended up doing nothing, no product, no services.
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Hey look, china banning bitcoin again? It happened so many times now, no one cares anymore, Bitcoin is a global currency, decentralized and should not depend on 1 country even if it's china. The price barely even reacted to this piece of news anyways, I think people are starting to realize these news don't affect Bitcoin at all, they have been happening for years now and Bitcoin is still here.
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Whatever, there are far worse things fucking up the world than cryptos. No one cares about it really, all the politicians that talk about climate change and all that shit do it to get votes, don't get confused.
very true fun facts pepsi-co waste more on electric to keep their bottles refrigerated than bitcoin uses. and that refrigeration cost does not protect bottles for eternity/immutably. it just keeps them cool for a short period before it ends up as human urine fun facts the funds raised by 'carbon tax' dont go towards planting new tree's in rainforsts. its actually wasted on corporations that develop land into new real estate by them buying up cheap land near waterways and then getting eco-grants to raise the ground level to reduce risk of flooding to their own private property. (also yes some of the carbon tax ended up paying for some of them man made islands in the middle east) Of course, plus if they really wanted to save energy or be eco friendly, they wouldn't tell us, we are not the ones responsible for the 99% of the emissions and all that shit, they are, big companies and industries, it's the same as recycling or saving water, we barely use any % of water or recycle 1% of all the shit out there, a big company probably uses more water and throws more plastic than a whole city. |
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Bitcointalk Name : Xinxan
Rank : Hero Member
TrustDice Name : XinXan
Wear signature & avatar: Yes.
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Whatever, there are far worse things fucking up the world than cryptos. No one cares about it really, all the politicians that talk about climate change and all that shit do it to get votes, don't get confused.
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Nothing. What's the point of randomly buying because it's under $4000? I will buy when it shows signs of recovery, otherwise it's just a gamble. Bitcoin attempted to bounce recently, we clearly rejected from the exponential moving averages and we were unable to create higher highs, right now bitcoin is still really bearish, definitely looks like we will break the last low $3652. If we don't it can be a good opportunity to buy but only if the bulls show enough strength.
Interesting. Now sure why you view buying when its low as "random". The crash is now on par with previous crashes, so we are very likely right in range of the bottom of this cycle. Instead of waiting until it starts going up showing evidence of the next boom, at which point you missed the bottom, I'd rather buy at a fantastic price (what i think is highly likely the bottom range). it all depends on one's mindset around risk. many people felt the same way about the $6000-$7000 area---that it was the "bottom range"---but here we are trading in the $3000s now. those who were patiently waiting for signs of recovery before buying in now can afford much more coins. there's also the psychological aspect. for most people, holding through a bear market is painful and difficult. it's much easier on the emotions to buy into a bull market, even if it means missing the bottom. Unless of course you still don't buy in as you are saying. If you wait for clear signs of a bull market and not just a trap then you'll be buying in probably back at the $6k-$7k level anyways. I absolutely thought $6000s was the bottom, but I didn't plan on buying in, I was waiting until I get a lot of money in January, but when the price dropped 40% from what I thought was the bottom thats a crazy good deal, so yeah I'm loading up as much as I can right now. To each their own, but at these prices I don't know why anyone would wait to buy. At the very least I think the best path this next half year is to steadily buy, so you cost average the bottom. I'm buying as much as I can right now just in case $3000s doesn't last long, but I'll have a lot more money to throw at Bitcoin by late January, if the price is even lower then that's incredible, if it's the same then that's amazing, if it's higher then I'll be glad I picked up as much as I could under $4k now to bring down my average cost a little bit. Everyone with money on the side should be buying now or at least starting to buy now and continuing to buy in the months to come before the price starts going back up (whenever that is - I'm guessing it'll be by mid-2019) and we see signs of the next bull market. I was thinking about holding back a good amount of money now in case it dips again to $3000 or even under, but then I realized we're already equal to previous crashes now, so I'd feel very stupid later on if I watched the price sit at over 80% off the peak and didn't buying in because I was extra greedy and thought it might dip a few percent lower, whereas I will feel great buying in at this price and missing the absolute bottom by a little bit. Just like you don't want to catch a falling knife, you also don't want to try to perfectly time the bottom cuz you're almost guaranteed to miss it. Dollar cost averaging the bottom is the way to go. The money I have now is only about 10% of the money I'll be putting in since most of my money will come to me in January, so right now its all about making sure, no matter if the price is up or down in a couple months, that I get in a decent amount of buying under $4k. If you are going for a long term trade, buying now is random. The ''clear'' signal to buy would be when the daily trend changes, 1 month of lower highs now on the daily chart and 1 year of lower highs on the weekly chart. It's true that if you wait for signals you are not going to buy at the bottom and your entry wont be as good but you are just playing with way too much risk if you buy now. Clearly bitcoin is in a huge downtrend and there are no signals whatsoever of recovery. You would buy at around 4400$ now, it is 1k dollars higher than the current price but it's the only ''safe'' way of doing it. |
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Nothing. What's the point of randomly buying because it's under $4000? I will buy when it shows signs of recovery, otherwise it's just a gamble. Bitcoin attempted to bounce recently, we clearly rejected from the exponential moving averages and we were unable to create higher highs, right now bitcoin is still really bearish, definitely looks like we will break the last low $3652. If we don't it can be a good opportunity to buy but only if the bulls show enough strength.
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