I think there should be a proper risk management theory to be a successful crypto holder. Holding a non potential coin will make you loses. So always try to hold top ranking cryptocurrencies and hold in a safe non custodial crypto wallet.
the right choice is BITCOIN, it is a top coin that has no equal for long term investment. Indeed, a coin that has no potential is the wrong choice, it will only waste time and will not provide a commensurate profit. to be a successful holder must know the science of trading, science of market analysis and risk management theory as you say. Also, to be the best holder you can be, you should have all the patience to hold and not to be easily pressured and ends up panicking. Even with bitcoin, though it’s always the right choice, but even if you have tons of bitcoin in your portfolio, as long as you have no patience to hold it for quite long years, you will never be a successful holder. |
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This is good news. At least they're trying to reconsider their previous policy on Bitcoin and crypto. It seems this bill has a bright future. The chairman of the committee on capital markets in the lower house, which happens to be a former president of the country, seems positive on it and probably influential enough to bring his colleagues into passing it. And if Bitcoin and crypto thrived unrecognized in the country, this will certainly provide a boost to its local adoption.
Probably positive chances are also possible here. If this reconsideration will create positive outcome, the Central Bank of Nigeria will start boosting crypto adoption and will come to recognize crypto as a legal tender or a form of exchange in the near future. Otherwise, though crypto is not also illegal, but it will never be used as a legal currency. |
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Probably when something really life and death emergency situation happened ( I hope not to) that requires a lot amount of money, like a lot, then I will be force to sell some of my holdings rather than taking a loan from a bank, because that's the purpose why we save money, to have something to spend just in case something happens.
Cases like this are inevitable. Even myself too, if something happens like this and yet your available money cannot cater to what is really needed, I will not make other choices but to sell instantly my bitcoin if that will only save my loved one. The only reason we invest is not just financial freedom, but also to make us always prepared when unforeseen events suddenly strike us. |
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In every bear season, fraud events come to the fore in the crypto market and negatively affect the perception of the market. It feels really crappy when all the positive things and things like that for crypto's development are destroyed in bear season. I don't think there is anything that can prevent this and people are always scammed regardless of the bear or bull season. As much as possible, prefer the coins that came out when the market first formed. Because they are the first in this business and they have been doing decent work for years. The recent FTX scam has completely changed my perspective on the market. I don't trust anyone in the market and now I think that the only reality is Bitcoin.
I have always believed in bitcoin only ever since, and find some altcoins even those potential ones still in doubt. Especially with this latest FTX scandal, no need to trust other coins but only bitcoin. Although some coins are even profitable than bitcoin, they even make instant millionaires, but my faith is still in bitcoin. Just thinking how bitcoin survived over a decade, that thing alone is very amazing and valuable. |
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When a man gets married to a woman to become husband and wife, they become one and everyone expects that they can get to share everything with each other. I know of women who have the passwords to their husbands bank cards and they can make withdrawals on his behalf. I will like to ask the Men here if they have shared their seed phrase with their wife's? I will like to ask the women here how they will feel if their husbands refuse telling them their seed phrase?
I know when it comes to marriage, all things should be shared. And that’s the way it should be. However, there are things that will be more secured if you left it to yourself alone like I have with my seed phrase. I am not hiding this of course because my wife is certainly aware that I have bitcoin hodlings but I just can’t tell him the seed phrase to avoid its exposure. Well, my wife understands it so I have no problem with that. |
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Regardless where we live, money is our top priority in order to survive and thrive. Having enough money to fall back on means we are entitled to more choice and possibilities. Like it or not, we are chasing or being forced to chase money in most phases of our life. Financial freedom has been most people's ultimate goal for decades, if not for centuries. To achieve this goal, we will encounter endless challenges. Each of us has a unique life situation so what is your biggest obstacle to achieving it ? I know we can make a long list of problems but there must be one or two primary reasons that really hold you back. This is where we should focus and I would like to hear your story. Thanks.
Honestly, i am stuck with loans right now which i think my biggest hindrance why i can't achieve financial freedom. But when all of these will be settled, saving would be my first aim so i can start with my dream business that will make me financially stable in the right time. I just have to stay patient this time and just be contented whatever i can afford to have. |
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It is the festive season, and it comes with a lot of expenses, both planned and unplanned. The planned expenses are usually higher than normal because marketers take advantage of the season and increase the prices of their commodities and you spend more that usually budget. The unplanned in this season is that you may have some visitors either family or friends and will have to spend some more money entertaining them. For people who have a strict budget for gambling, I would like to know if your budget for gambling has reduced, or if it remains the same?
To be honest, i never intend to gamble this month as i can use the money instead to buy gifts for my loved ones and for the preparation of Christmas and New Year's eve. That is way more important than to gamble my money and just lose them in the long run. Hopefully by next month, i can save a little amount just for gambling alone. |
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Attempting to prove identity is itself shady to me.
Because why did Satoshi go away in first place to want to come back now and need to prove his (her, their) identity. And why prove his identity in first place? If he wanted to do anything like contribute to Bitcoin he could do that under any identity he wanted. Maybe he is already creating pull requests and reviewing changes in Bitcoin!
Only those who are set to gain something would want to prove something. There is nothing to be gained for Satoshi to prove his identity. Only losses, loss of privacy, maybe even security as his life may be in danger, etc.
This has a point. If he is the real Satoshi, I don't think he will bother to prove himself that he is the real one. After all, Satoshi doesn't need any spotlight or acknowledgement, all he aimed was just to help us by giving us the freedom from the banks and be our own bank. Otherwise, if he is not the real Satoshi and would want to steal the reputation of Satoshi, for sure proving himself to the people might only be his focus. |
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Does completing bonus is still possible and profitable or it's just like chasing the wind? It's profitable obviously "if you were able to meet the eligibility and requirements". Now depends on how aggressive you are to achieve that bonus. But for me, I'm not that enthusiastic about trying to achieve that bonus in most cases since that requires serious effort and dedication plus the fact that there are lots of players who are also trying to get in especially if the bonus is about leaderboards. Personally, I don’t see there is a need to chase for that bonuses because they aren’t really free in the sense that we have to pay first and meet the qualified amount so we can be eligible for that. It’s even a waste of money I guess knowing the chances to win is also very rare and slim. But if you’re just there to have fun alone, then you can gamble as long as you can, but if you want to stay practical, playing for bonuses although profitable but not really something that we are obliged to. |
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Nothing matters a lot. You just need to be honest that’s all a gambler expects from a casino.
Work on your bankroll and probablyfair thing OP. Also make the games UI smooth, so that no player should face any sort of lag and this gives the user smoothless gaming experience. Also it will be better if you can implement no KYC policy. As we are talking about crypto gambling. And here many of us like to remain anonymous. As far as you remain honest with your players, you will be praised by them. That’s all each and every gambler wants from a gambling site with has a potential .
Indeed, honesty is the best policy. Even if everything in the casino seems perfect, but there is no transparency, then expect that it will not continue to work in the long run. Just be honest to all the players, i guess that one big word will leave a huge impact to all the players and will keep them playing in your casino. Also, if it’s a KYC free, that will also means a lot to them as privacy always matters. And with updated games and promotions, and good marketing, players will definitely stick to what your casino has to offer. |
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A good one? Millions of dollars at least. The world is filled with people who think they can start a casino for 10 thousand dollars, and it is true that it can be made for that much money but then you would neither have any money left for in case someone wins big, and you wouldn't have any left for marketing as well.
To be at the levels of stake, sportsbet.io, roobet, rollbit, and many alike at the top of the crypto gambling world, then you really need at least a million dollars, so that you could start at that level, offer big rewards, and do great marketing as well. Just last year, Stake gave Everton 10 million a year for jersey sponsorship, imagine that.
Well, having a huge amount like millions will definitely ensure a competitive casino just like the reputable casinos we have at the current. But to think that OP is still starting, I may think that $100k is just fit enough to build a casino with minimal games and promotions, and of course some bonuses that will attract more users to play. And as long as the operators are good and competitive enough, always update their casino system with the trends today and keep up with the finances, then most likely in the end, this casino will eventually prosper and will become a big time casino in the future. |
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Is there any fighting game like Mortal Kombat where you challenge gamers around the world taking a bet?
Not possible or maybe considered. The fact is, the market is too small for that kind of game. Who else will gamble on those? Only those players who well know the game unlike in traditional online casino games where even a passerby or new one can play right away without learning the game mechanics. But maybe who knows in the future but don't hoped for that. It's possible if you will organized a competition like that. You can start with social media thru Facebook groups and create awareness there. Yes. It will be more likely to happen if you will start it in your own Facebook page and let the other people know about it and who knows, a lot will still be interested. But never expect to see such kind of games in the casinos today as Mortal Kombat was only known long time ago and it certainly needs a lot of skills rather than just luck alone and you’re good to gamble. |
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More traditional Casinos too shifted their services online.
I don't think that most traditional casinos shifted their service online during the pandemic. Instead of doing that, they just accept the fact that can't operate until further notice, and to reduce the cost of the operation, they lay off some of their employees. If I missed something here, can you give examples of those traditional casinos that shifted their service online just to cope with the financial situation? I don’t see any casinos in our country that have kept operating during pandemic, all are advise to close and stop their operations temporarily. So definitely, all the employees have stopped from working and have to find other means to gain a living. And AFAIK, those physical casinos that have closed were never seen also operating online, while those who have started as online casinos have continue to operate as if there is no pandemic happening. |
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I want to share my own technique on how I overcome my loss. You can share yours too on the comment below.
I recently experienced a heated game session on blackjack that I never experienced before due to I over extent my budget to chase loss. I was down by 200$ while my current bankroll is only 100$. Typically most user will do all in to quickly recover losses but my strategy is to slow down and bet only on craps 5$ on each number. Craps has a low house edge because your only loss is when 7 appear while the rest of the number that you didn’t choose will just result as draw.
Craps pays x2+ per win which is good to slowly recovering my losses. I just continue same bet and stop gambling for a day after I recover 50$ of my bet. I keep doing this per day until I completely recover all my loss slowly and rest for the week.
The slow down bets makes me think clearly and stop me for doing risky bet. This is most important lesson I learned on this messy situation.
Actually you were overly lucky imho. When I lose over a certain amount, I simply stop. And I play as usual some other time, maybe I recover some of the loses, maybe I don't. However if you are focusing too much on recovering the loses, even if you "go slow" you have a very good chance to go deeper down. Juist don't gamble more than you afford to lose and you'll be fine. Same with my thoughts. It’s hard to recover your losses when you’re already at the losing edge, the best way is just to stop. Because in my own experience, even if I have to slow down, still it doesn’t change. The rest of my bets are still losing so I believe once you start losing your bets, it’s better to just stop and call it a day. Don’t wait until all your money are gone. Just gamble again when you think you are ready and always gamble at an amount you can manage to lose. |
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yes they should, in fact, they should consider to add a program on how to invest money, there is a book about "Rich Dad Poor Dad " tell that our education need this because we only learn how to get smart only but not on investing money. and bitcoin might be one of them in my opinion
or at least there is major about crypto in university
Bitcoin is going to stay for good so the government should start educating the people first particularly the young minds in schools and universities so that they will grasp on ideas on the benefits of bitcoin and how it can be used effectively. But in our country, I guess there will be long processes first before the government will submit into bitcoin. |
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I'm not a big fan of chart patterns. It's because I believe Bitcoin reacts in real time. For example, if Elon accepts Bitcoin for Tesla again, the price will skyrocket. On the other hand, if major investors announce their intention to sell Bitcoin, we may see a massive drop as a result of Panic. So how Bitcoin reacts is dependent on various of attributes. So, instead of relying on chart patterns, consider the real-time situation. Because the market is so volatile right now, it's difficult to predict the button.
This has a point. What we see and experienced right now are the effects of real time events, and not because the pattern has its own ups and down. Just like if a bigger country starts to accept and legalized bitcoin, surely it has an effect to bitcoin price. So if there are positive events happening that will create an impact to bitcoin, then as much as possible we can expect that bitcoin will certainly on the rise again. |
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Answer is Reading Comprehension
Many gambler playing just into those gambling casino without even having time reading with the terms and conditions such as the faqs. As long as they see the bonuses or ever that requires to play, they quickly deposit and play, and after they win a good profit, they make a withdrawal immediately it's pretty suspicious to the casino too if this happen because the account does not even last long for a week to play and win and make an instant withdrawal they might probably tag as abusing the system.
This is why a casino has its own action too against the suspicious gambler, which will then make some of the gamblers jump to a conclusion that casinos have their own bad habits against gamblers. Because if this will not be done by casinos, those gamblers who have the same attitude will abuse the casino system and will continue doing that if they are always tolerated. |
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Well it’s surprising to me that some people still actually leave their Crypto-coin on exchanges regardless of the exchange being decentralized or centralized.
There is nothing surprising about that. If people didn't really have their crypto coins on exchanges, there would be no order books, and there would be no market for them. Exchanges will never be completely safe, and there will never be a solution which is 100% guaranteed. But for the exchanges to work, and for people to be able to trade their coins, you need to have people who are willing to leave their coins on exchanges. Probably, the best solution here is not to put all your coins in an exchange. Those coins who are intended to trade only might be place in a reputable exchange, but those who are good for long term hodling, they should stay in our own hardware wallet. That way, we are lessening the risk having to put our coins in an exchange, as we can’t also avoid them completely unless we don’t have plans to trade them. |
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I think we always bet, and it's not always money, but that's the way it starts, in my case Casino bets came with the Poker Casinos, there I discovered that the poker-bet relationship made sense for me.
I did not bet on anything else, only poker, with the arrival of crypto casinos I got involved with other types of bets, mainly PF.
OP:... I think the important thing is not how you started betting, it's how you end up.
True. Because I guess everyone here started gambling with common dilemma, that is finding difficulty in choosing from two or more alternatives which made us literally confused. Well, everyone’s been there, but what is more important is today, how we survived from that and made us good and effective gamblers. I can say that I have been losing from gambling when I was starting, but now I know where to mostly bet that will suit me and which will give possible high returns. |
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I see ital the time around me. Repsonses like judt be positive and barcelona will win
Dont be negative so canelo win
Think about it if your thought has some ability to change external things then peope will crash in a plane every day due to many people with panic attacks who are 100% sure that the plane is going to crash.
People think they have power over the world with their thoughts changw things
If there are chances that every bet result can be controlled by your own mood, then I guess there will be no single result as each bettor has different moods when gambling. But that is not the way in gambling, every bet result has its good and reliable basis. And not just because someone’s mood has predicted it. However, maybe this has been the belief way back with our ancestors days, but now it’s very much different. Every result comes from a valid basis, and that should never change. |
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