Crypto is a digital currency that comprises different coins. It's important that we understand how this coin works and which to invest in. How do we identify the best coin and the period to invest in these types of coins?
Volume, popularity, and demand I guess woulddetermine whether a coin is good to invest or not. Also with the previous price movement. For example, if a coin is down 70% for more than two weeks, and still has a large 24hr volume, then we may expect for a price increase on third or fourth week. Take note that it has to have a volume 'coz if not, investing into it would take you forever to generate profit. And with possible pullbacks and pumps, check for the daily pivot of the market price to give you an idea whether entering its market would be profitable once recovery occurs. It just happens that not all token would be able to recover quickly. |
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If you know what you are doing, then feel free to do so. Cryptocurrency is a good invesment if you do understand its market behavior. TA and DCA would work if you are knowledgeable of it. But if you are just seeing the profit and not the process of getting such thing, driven by the popularity of this industry alone, then I won't suggest engaging to this industry. Profit potential in this technology is high but volatility is higher and far from price volatility of other investments. Therefore, risk is always higher as well. Well, are there any additional tips on trading and managing finances from the salary we get or experience similar to mine? Please share here. thank you..
Another tip that may be valuable for beginners is asset diversification to avoid investing solely in one place. Spreading your investments across various avenues can minimize the risk of losses. Don't follow the example of those who have succeeded by going all-in during trading, as I am certain that many have failed but remain unpublicized. It is better to enjoy the stages of trading with smaller amounts first, as this will enhance your ability to manage larger sums of money in the future. I say it often and I'll say it again here, buying a lot of cheap shit doesn't make you safer than buying a single expensive shit. After all, you still own shit. Diversification among bitcoin and altcoins doesn't work and makes no sense to me. I also see what OP problem was and it was really simple. You lost money because you were buying shit. That pump group episode is really telling. Instead of buying bitcoin you bought shitcoins, lost money, joined a shitcoin pump group, lost money again and now you're telling us that life is hard. Some of us learn the hard way. Diversification of asset is a good thing because gigen that no assurance is there for a single coin, atleast you'd have chance to your other buckets. Problem is choosing your alternatives 'coz if other options would be bad risk is just being bigger. |
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This question has been raised several times, and I have noticed that some people conclude that the lack of adoption is due to people not understanding Bitcoin or seeing it as a scam.
But I don't think the world still views Bitcoin as a bad thing today, though I know a lot of you thought that, but it is not the case.
I feel the reason for the low rate of adoption is just because people think it's not for them. Bitcoin has been around for over a decade, and any thought that most people would have had about it being a scam must have faded by now.
But at the same time, if you look at it, Bitcoin is a risky business; if you invest money, there are two possibilities: it will either yield profits or losses. Many people today are not fans of investment, not to mention buying assets that heavily fluctuate in price. They would choose to save money earned from hard work, and a few might invest in low-risk markets, even though inflation is still eating them up.
So it would be hard for them to consider holding Bitcoin to use it daily.
Nevertheless, the community is still growing bigger 💗, and people's interest in Bitcoin and cryptocurrency keeps growing.
No longer scam I guess; this technology has proven itself already. However, not all people would be interested investing in a too volatile asset no matter how high the profit potential is, and that is absolutely okay. With regards to adoption, I'd say it became slower than before but that is just fine as well. Even in this forum, for sure most of us are using cryptocurrency not as a mode of payment but as an investment to make use of the volatile market prices.Over the years, the market value have been increasing and falling. And if you are an investor who is here because of the hype and not because you know what you are trying to deal with, the cycle would continue. This kind of investment is not for everyone. |
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Yes it could be especially if you will be having a good analysis of the games you are interested with. On the usual, there are factors being considered by bettors of NBA League; one is homecourt advantage, and another is whether the main players would be playing or not or if they would be vilable to play for next game. These are only to name a few things to consider when making an analogy, based on my experience in NBA betting. Also, if you would be depending on their scires during offseason, refrain from doing so 'coz most of the time, players are more serious with playoffs and quarter finals. There are many platforms to choose from and play with. Choose ofcourse platform which has a credential in this industry to avoid encountering bigger risk on your capital from the start.
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Upsets are rare and profitable and not everyone has the courage to take a risk and bet on the underdogs, but those who do are rewarded with huge profits.
So I'd like to ask
Have you bet on the underdogs and won?
How many times you did this?
And what made you bet on the underdogs is it because of insider tips or just an insight based on your analysis?
Your level of risk when betting for underdogs in the hope of winning by upsets?
I had. But for underdogs, I am not betting as big as with my bets with where I am more comfortable with. Whenever I am winning with upset bets, it is quite giving me regret of not making the bet bigger or using my usual amount of bet. But eventually, I've learned that earning less is better than earning nothing. Also, it would be less frequent to win with your underdog bet so I got along with smallet profit. Nowadays I am still doing some random bets but with those whoch are having close odds especially if I have an extra money, just to grasp a chance of winning without having that mucb of a good expectation. Some sort of "for fun bet". Fortunately, I am currently having a 70% winrate on such scheme; quite lucky I guess. |
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It looks like those sites that would suddenly disappear when gamblers or gamers starts complaining when they could not cash out their money. The people behind that platform will never pay then they launch a new one to start the scam all over again. Stay away. There is no need for shady games like that when you already have provably fair casinos.
Hard to say unless proven. But for sure many of us would agree; gambling sites are better than gambling or gaming applications because we don't have proof of the app being in realtime. Apps are prone to be rigged or manipulate the result of the games because system would be hidden from the eyes of the players. Recently one of my friends told me about some gambing / gaming sites or apps like Orion Stars, Milky Way, Fire Kirin, Gamevault, Riversweeps, Ultra panda and few others.
He told that these are very popular games but i told that i am not aware of these sites. I first thought that they could be gaming sites but later i find out they have gambling games and are in fact casino.
Gaming and Gambling are not the same to me. Gambling involves playing games and staking your money to win more, but in gaming, there is no need for money to be involved. I have never heard of this website that your friend has mentioned to you, but regardless of your relationship with him I still advice that you be careful with this referral. There are two things to think about, your friend might be making the referral without any motive, but it still does not mean that the people behind the website do not have a motive. If you want to play on casino's, play on casino's that you know have earned their credibility even with forum members who are gamblers. I do think that OP was just surprised that the gaming site referred by his/her friend is a gambling site and nothing more. It depends into him/her whether he would choose to still continue playing or not. Being legitimate or fraud is another thing I guess. It would be okay playing in that site if it is really a gaming site, if it won't require Op to do so. But since it turned out to be a gambling platform, then putting money into it won't be advisable especially if it does not have the reputation and credential to be legitimate in this industry. |
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It's nothing new if most gamblers playing in land based casino is for fun, while most gamblers playing in online casino is for making money.
Although in online casino is better than land based casino regarding it's odds or RTP, but the house is still has higher chance to win. Due to private, active 24/7 and easier to access, many gamblers are more addicted in online casino rather than land based casino.
Slots would be slots no matter what setting or platform you place it. Comparison on which platform would be more addictive is no need to debate. The only thing which would seprate player is convenience in terms of general accessibility of the platform. If you don't have the energy to go to land based casinos for sure you'd be eyeing to online platforms not to mention bigger bonuses with online gambling. While playing on land based casino would give you more entertainment. Both are addictive if I would be asked. Both platforms would as well generate profit if you are lucky at that moment you are playing. RTP on the other hand is a variable players has no control with. RTP would vary not on the game or platform but to the gambling provider. |
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People judging Nitrobetting after one post in 11 years already had their mind made up. We need to play at a casino before having an opinion. Then we can post the positive or negative.
If Nitrobetting is just that good, there's no need for this. The topic even has no substance; Bitcoin sportsbook would solve issues regarding delay on payments? Have you tried doing so? 'coz as far as I know, things are the same between other crypto based gambling sites and this so called bitcoin sportsbook. It would only vary on the amount of gas or transaction fee which is for me lower with other cryptocurrency. This is also the reason why I stopped engaging with platforms only accepting Bitcoin as a mode of payment. Personally I have never tried it with Nitrobetting but, that's not the point here; the way a project is being promoted simply reflects the kind of service it is providing. They should be aware of it to prohibit their campaign participants. |
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To young ones who are interested with investments, ofcourse it would be a good practice ground gicen that volatility is higher and there are no big deal of requirement to invest into it unlike with properties having various requirements. This industry simply shows the relationship between demadnd supply up to the idea that one is interconnected with the other variable. Bitcoin has a place to support in the life of every youths you have the knowledge and also aware of the existence and important, it supports financial status of youths and also exposed them into other means of method of surviving. It been very useful to the youth to an extent that new technology and online idea come across each time , like the Bitcoin as serving as digital currency which could serve, saved, secured as future access to every youths who have the opportunity of the Bitcoin idea and knowledge.
Aware, yes but I doubt with being knowledgeable into it; things are different. Being knowledgeable mens you are aware of the pros nd cons from investing into something and on the other hand, being aware is simply just knowing something exist. Let us not be delusional; indeed Bitcoin or this industry in general has an advantage or pros from engaging into it, never set aside the negative tendencies. |
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The like they will be able to do it in the first half of the season. I don't know who is going to win the game, but I am not going to lie to you.
Mis is a tough one to take on the most important game of the season. The Spurs have been playing well for most of the season, but they haven't been the best team in the Eastern Conference. They need to improve their defensive play and that is going to be a key part of their game.
Min - Blazers under 226.5
Hawks Mavs under 242.5
Bucks - 76ers under 234
0-0 so far
The best part of this season has been to get a win on the road against the Spurs. They are in the midst of a playoff run and it looks
Weird. Are you a bot? But I doubt a bot can post like that. If not, what are you talking about mate? It seems like you came from a different dimension. The NBA is already in the conference semi-finals stage. Min (if you meant Minnesota), Blazers, and Mavs failed to qualify in the playoffs earlier. The Bucks are already out in the first round but it was the Miami Heat that beat them, not the 76ers. Might be guessing things. We are now on the semi-finals and things are getting more interesting in NBA. Should be a closed thread I guess. But to those who are into NBA League especially this year wherein there are many changes with rosters, betting is becoming more loud recently. One is with LAL and GSW who were rivals before. Odds are to LAL for game 2 even if they have won the first game and that is probably because of the homecourt advantage. Odds are simply the heart of the polls and will never dictate the outcome but could be an edge to gamblers as we all know. Die hard fans of each team are more likely pushing their biases to finals and the trophy itself. Glad that this season is havaing the hype as before. |
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To all sports I guess but depends on each of the player whether they would be taking part of the gambling side. Quite related with fixed matches but sort of not. Simply shows how powerful money is which could even influence an industry. I'd say such thing is not new in any field of sport and is existing for years. As I've said, it does depend on the player or fighter whether he would choose to be bought. We all have our own reasons on doing things. Ofcourse what is ideal is for players to not be involved with such acts but things does not simply work that way. This is because factors are affecting ethics. What happened with jameson williams have been done by other fighters as well, but ofcourse proving such thing would be hard to achieve. |
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I There are a lot of people who are familiar with Bitcoin and its features, but I don't think it's a good idea to use Bitcoin sportsbooks as a means of payment.
Not just familiar but they are involved with it already. Those who are only familiar with it are newbies and they are still doubting if they will also join the millions of people who are already in to it or they will wait for a better moment because some countries still has a complicated status when it comes to legalization of Bitcoin and there are people who still lacks of proper knowledge on how to operate and avoid taking big risks in Bitcoin but that's better than just rushing completely and ended up regretting. I don't understand. Why say that Bitcoin is bad for payment on sportsbooks? Is it about its volatility? Or something else? But it's fine, that is your opinion but the majority of us here have no problems with it and we will continue using it. Gas fee I guess. Personally, I am using other coins whenever I am depositing or withdrawing on the gambling site I am currently playing at. But this is not because Bitcoin isn't as useful as with the coins I am using, it jist happened that fees are lower which is not surprising given how large Bitcoin network is. There are even times I prefer using fiat in sportsbooks because there are no strict restriction in my country but I doubt with the others. To those countries wherein gambling is totally prohibited, cryptobased platforms could be an aid not unless servers are restricted. Also, I wont condemn players who worries from losing in their holdings as in line with their bets. That's simply normal given that it is money we re talking about. |
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I am really interested in ML models for sports betting however there is something I do not agree with.
They use previous data to predict the future just like any other model, fair enough. But it's not how it should be.
ML models should have human-like brain and should be able to compete each and every individual player and it's last match performance and then generate a result.
I am sure the ML model behind ChatGPT i.e. GPT4 will be a really great tool for this.
Human like brain would be impossible at the present. Even with AI projects, existing data are only the basis of the information or the limit eith the information, such software would be processing. With ML in gambling, I am not really into it. I would more enjoy losing because of my decision than to rely with the generated data in particular with the outcome. Also, losing is more certain in gambling and I won't be happy winning because a tool just helped me. It could also promote an advantage over those who do not have the tesources to access MLs. Not considered as cheating but it somehow bypasses the idea of what gambling actually is. |
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Date/year : This happened 2016
Amount or Figure : $200
What Game : Slot
Maybe this is not much for some of us but everytime I remember the money that I spent on slot I somehow have this guilt feeling since you can buy many things with such amount already. That's also the reason why I rarely play slot game when I gamble.
But now I learned not to dwell in my past losses and move on because it can't bring any good to me. Playing in moderation and acceptance are necessary in order to not have regrets when you gamble your money.
Loss is a loss and we have different towards such thing. In my case, I had a loss of $2.5k before in slots. It became a wake up call on my gambling career to limit things. I had the urge to take back my losses but fortunately my friends helped me to accept what happened and limit the amount I gamble in each day or week. Unfortunate but I am thankful of it 'coz the idea of not learning to accept defeat is what scares me the most; I could have lost a bigger amount. Knowing myself that time, I would be frustrated to get back in that day as well which will never be advisable in gambling given that results are never certain and losing is more likely to occur in every bet. |
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I'd say huge and becoming bigger each and everyday. One factor which made its emergence faster is accessibility which is more convenient in comparison with land based casinos. Also with cryptogambling, it gives accessibility to countries wherein there are restrictions to such activity, as long as the gambling server won't be prohibited. Another as in line with convenience is being easily accessed to whenever time is preferred by the player. Many online gambling platforms are continuously appearing because of the increase with the number of players nowadays. Gambling games are also evolving from the traditional ones, which is a sign of development as well.
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If a online casino claims to be a decentralized platform does this mean that their games are fully decentralized too?
Do you guys know that some casinos regulates their own slots machines themselves, can you gamble with ease of mind on such casinos?
If slots games is all you are good at, are you really good at it or you are just lucky? Can you use the word 'good at it' with slots game?
What is the most convenient games you play on gambling platforms?
Is using leverage about luck or skills? Or even a rigged game?
As far as I know, pure luck based are regulated thru algorithms which but only to some casinos which avoids letting their players continue winning. But most of the time it is not. This is because a friend of mine way back 2018 tried to run a fiat based online casino. Slot machine is one of the gambling game which is considered to be pure luck. Which gives me the idea that if you are winning then you are lucky. It will also be impossible to win continuously in duch gambling game category. Any game is convenient ws long as you have the accessibility into it. If it is convenient with time, pure luck games are the ones being played for a minute to see the result, unlike with sportsbetting, so I'd say such games are the most convenient. Leverage on the other hand is more of a skill because it speaks for managing the risk right? Unless emotion would be the bottomline. |
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As the word suggests, alternative, and I believe that is regarding Bitcoin which is the biggest coin in this industry. Altcoins are simply alternative coins in which investors could engage themselves with. Also, altcoins represent new projects being introduced and being released in this industry. Most of the time, altcoins are having larger market price increase in comparison with Bitcoin and the reason behind this, is token supply, volume, and demand. Altcoins are known as well for short term investment. And I think that is all with the difference. With regards to advantage, altcoins are the alternative investment, investors could engage .themselves,with proper trigger management.However, its alikeness with others are demand which gives me hope to be better in the future.
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Dollar indeed have shown decline on its market price in line with issues of the country's economy but hey, we are talking about dollar, a powerful currency and is something being used across the globe. For sure it won't fall down easily. There is a reason to worry but never to panic. If you choose to let go of your USD then that would be fine but if you are just having thoughts of doing so because of the things surfacing the net, then think twice. I'd more look at the downfall of US as a downfall as well with ither country's economies especially the third world. Read further articles about the situation this currency is tangled with and decide for yourself afterwards.
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So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?
Why wait till then when you got no idea what is going to happen the next day or the day after. For me Bitcoin's price is just right to do whatever the holder wants. Whatever I am going to do now is what I would do whenever the price increases. If I am going to buy a house then, I would buy it now by taking profit. It I am going to start a business with it, I'm already going to start doing it now. This is my own opinion though. It does depend on the type of idividual you are. If you would be seeking for bigger profit and you are into long term holding, it would be normal to just continue holding. But if you would be fine with the profit on that amount already, then selling would as well be fine. Some people would sell and wait for the price correction. Some would just stay away from stress and just let its price increase do the work. Some would be forced to sell halfway the increase because of circumstances or change of plans. No matter what you plan to do, that would be fine 'coz that is your money in the first place. I would preferrable sell by that time but ofcourse there would be thoughs of "what if it continue to go up, will I be able to re-enter on my target entry point? |
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Depends but what is actually the need to do so? Why would it be more preferred than betting directly? What would give you more assurance? Problem only with fraudalent gambling platforms are rigged machines wherein you can easily avoid especially once you noticed winning is close to zero percent. weSlot providers are a biased to some players but if it is just assurance for sure there are ways to minimize the risk of encountering bad casinos. One is simply checking the site's credibility which can be done in many ways as well; asking players or checking its popularity in this industry. So I won't really suggest third party slot providers. Also, third party provider would get commission by providing their service, so...
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