A smart way to reinvest with the profits made by gambling. this will make financial management better. Instead of having to buy things that will only cost you gambling profits, it's better to join some new projects or invest in some altcoins. this will further increase the possibility to earn other income. Big profits are not obtained from just one source, there are many other sources. Reinvestment is the right way to get some other benefits.
Indeed! I haven't had this kind of thinking because I'm always choosing to pour my winnings into food or necessities in the house, and the rest will be back to gambling. This is a smart alternative, pouring gambling gains into the portfolio to make bigger profits in the future, I like that! Thanks for the advice, been an occasional gambler but this hasn't crossed my mind. It's still very normal if the results from your gambling winnings are used for basic needs such as food and buying household necessities, it's still a better way than having to spend money on things that are not really needed. and the rest of those purchases go back to gambling, not bad. You just need to transfer your next winnings to a few potential coin portfolios. Just imagine if you can repay Bitcoin from your winnings and you hold it for the long term, there will definitely be benefits from your investment results. |
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in some countries it is not a difficult problem, but for countries that do not legalize bitcoin this can be difficult, because there is no support for bitcoin. Even in a developing country like mine, bitcoin does not get full support because it is only regulated as a commodity tool and nothing more.
Bitcoin is growing and growing in popularity, but there is no guarantee that it will be fully accepted.
There are probably many users here who are living in countries where Bitcoin is not legalized. But they are still buying, selling, and converting Bitcoin to their local fiat currency. They're probably even spending Bitcoin. Bitcoin doesn't need any support from the government in order for it to be adopted by its own people. Bitcoin is already what it is. It doesn't need to be regulated in order for it to be worth trusting and hodling. but in general, in my country bitcoin is not getting adoption. It is true, bitcoin can be adopted by its own people without the need for support by the government, but if it is used as a legal medium of exchange for goods and services it would be against the law. buying, selling and converting to Fiat is included in Commodities and that's all. It's certainly better than in china, which completely bans bitcoin. |
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Before getting to know this forum, I also knew about crypto and tried to learn about it. and finally I created an account on bitcointalk.org in 2015. Since being in this group, my knowledge of crypto has deepened because of the many discussions that have taken place. The most important thing is that we are not lazy to read and ask what the problem is that we do not understand. Knowledge of crypto in the group is very complete. If you joined in 2016, it's been quite a while and of course you already know how cryptocurrencies work and crypto knowledge should be quite embedded in your brain.
it's not about newbie or legendary account levels, but about how strong the interest is in learning about cryptocurrencies and more.
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from that picture, you have shared that bitcoin pretty much hame the same thing as gold does. can fight against inflation as well the only hard problem in my opinion is regulation for the government the demand for crypto is increasing banks and institution started to adopt it the crypto ETF is dozen out there so this is good sign and i think it will grow exponentially over time.
There's such a thing as punctuations. And they matter. A lot. I don't think government regulations are a hard problem for Bitcoin. Bitcoin has grown this big and popular even if unregulated or poorly or unfairly regulated. If the banks and large institutions are already adopting Bitcoin, there's no reason why governments wouldn't follow. At the end of the day, governments are owned by banks and large corporations and companies. in some countries it is not a difficult problem, but for countries that do not legalize bitcoin this can be difficult, because there is no support for bitcoin. Even in a developing country like mine, bitcoin does not get full support because it is only regulated as a commodity tool and nothing more. Bitcoin is growing and growing in popularity, but there is no guarantee that it will be fully accepted. Back to the OP's discussion about the increase in the price of Bitcoin from time to time, because bitcoin only has a supply of 21 million and will not be printed anymore and there are many communities that do support bitcoin. Bitcoin is still number one even though today many new altcoins are emerging and claiming that they are better than bitcoin. supported or not supported by the government, Bitcoin remains number one and is growing over time. |
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some crypto projects that die is a sign that they can not survive because of the development that is not serious and there is no full support for the project. this is natural selection, thousands of crypto projects did not survive during this crisis. Projects that survive are only those who have clear goals and good project management.
The more projects that die, the more new projects will appear. It's easy to create a crypto project, but to make a project useful with innovations that help the crypto ecosystem, it's very difficult.
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That fund was used to buy about 3 BNB when it was trading close to the $100 mark. Assuming I took profits at the peak of the market, that would had been a massive gain although now I'm not in loss as well since I'm still up from my
initial entry point.
This is good to hear that you are good reinvesting the gambling gains back to your coins to expect more big profit at the bull time. You have been preparing ahead for time to come and I'm learning from this kind of advise too. Cashing out early in the bull may have brought you profit but no regret because the future profit is coming. Reinvestment of money earned from gambling is a way of earning more profits in the future or investing in capital projects is another alternative means of smart investment, personally I had never won any tangible amount of money via spot bettings, however I will give soccer betting a trial this upcoming season I hope to win huge profits so as to also reinvest in some profitable coins, this thread is an eye opener for me and learnt various way of judicious use of money earned via sport bettings. A smart way to reinvest with the profits made by gambling. this will make financial management better. Instead of having to buy things that will only cost you gambling profits, it's better to join some new projects or invest in some altcoins. this will further increase the possibility to earn other income. Big profits are not obtained from just one source, there are many other sources. Reinvestment is the right way to get some other benefits. |
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so from this situation i can't deduce how dangerous the kyc gambling platform would be if they had to do it later. maybe the gamblers will opt out of that gambling site, just guessing
I doubt gamblers that already playing for a long time will opt out of that gambling site if KYC will be implemented. The trust is already there and the reputation of that site is now on the highest level. There should be no hesitation for these players to continue playing on that site even if KYC will be enforced. That was though far from happening for now. Instead of being worried, let's enjoy the moment to play in our preferred gambling site without a KYC. Don't consider playing in a casino that was new in service if KYC is mandatorily implemented there to minimize the risks of identity theft. Even if a reputable casino site suddenly obliges to deposit KYC this would be up for debate, there will be some gamblers who disagree. Because when we talk about KYC, it concerns the identity of the gambler in detail. those who do not want their privacy to be known by others will certainly choose to leave the casino. but if a new casino site operates implementing KYC, many people will avoid it, but some others start researching whether the casino site has a good reputation or not. |
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The only way you can enjoy the bull market is when you endured the bear and continuously build stacks of cryptos. It is very disappointing sometimes when the price of crypto keep crashing during the bear market but it is the cheapest way to horde. And if you gathered the right crypto during these times, you will have a very bountiful life when the bull market comes. The thought of this keeps me going and helps me focus on my crypto endeavor.
Surviving and building as long as you have spare money will be easy. but some people can't survive and can't even build because they don't have any spare money anymore. Crypto prices are crashing indeed a good opportunity to continue to accumulate crypto, financial management is needed to be able to follow the market. when you don't have spare money to accumulate crypto, the last option is just to hang on and keep going (don't cut losses halfway). |
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~snip~ the btc volatility not good point either most if people are not with financial background neither tech background they can not understood the usecase or value of btc the volatility scare them.~snip~
I'm sure the average users of this forum group are not from a financial background. Votality scares them because they have never, ever studied it, anything that is risky will definitely have a benefit. For those who already understand crypto volatility, of course they will use it to make a profit. You don't need to be a financial expert, you just need to learn to understand what volatility is and master technical analysis. if the goal is just to make a profit, understanding the use case of bitcoin or crypto is not mandatory, you only need to invest, if the profit sells. |
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I think the very idea of becoming wealthy by gambling is a dangerous mindset to have. Anything which seems extremely unlikely (like winning millions or even hundreds of thousands) should not be ideas which you should entertain by risking your money.
Gambling is and always has been just for fun, by my way of thinking.
The more hope you give yourself that something unlikely will happen, the more you keep yourself at the gambling table even during times in which you should walk away once you have made an X amount of losses.
Winning hundreds of thousands to millions of dollars of course requires quite a lot of capital too, get rich quick ideas that encourage gamblers to continue to do it until they are addicted to gambling without thinking about how much loss is experienced. For those who only play gambling as entertainment and fill their spare time, of course they will not be so serious in betting, they will only use the minimum bet they can afford to lose. But if they think only to get rich quick and make a lot of profit, the maximum bet will be an option and this will boomerang that will take all their money. |
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About gambling bots, i think its only those who are really into gambling that will be making use of a bot, as for my kind of person, I honestly do not see the need for it, since I don't gamble frequently, and also, I prefer to have myself loose my bets than have a bot loosing bets for me.
What is the difference between losing when you are not using bots and when you are using bots? This is exactly the same unless you think that bots control your gambling activity. If you think so, then you do not know what gambling bots is. Let me tell you that gambling bots are basically the same as auto betting feature that you may find in the casino. The difference is that gambling bots created by other party and usually you get much more features than you can see in the casino. Gambling bots made by third parties are sometimes not what we want, even though there are many features of course there will be some additional costs to use them. Instead of having to use gambling Bots it is better to use casino features which are clearly the same. Gambling doesn't need bots, winning and losing can't be controlled by these bots it's just a matter of luck. I am surprised that they are fanatical bot users, whatever work they do rely on bots without maximizing the use of manual or semi-manual. |
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Saying it's a crypto scam because they have already lost a lot, they are too greedy and just want to make big profits. The fact is that this is the case, those who get wealth from memecoin or shitcoin are those who dare to take risks for that one opportunity and then throw it away. We must really know how cryptocurrencies work and are aware of the risks that could occur. Bitcoin is indeed the best, but if you can't understand it then everything will be a Scam.
Not everyone could be lucky in the cryptocurrency industry especially if you're risking with altcoins. Some of them could turn into shitcoins, others could be profitable and others might crash and won't recover, in short, there's no definite assurance of profit in some altcoins. If you seek security and assurance, Bitcoin is established enough to fulfill that. It has proven a lot for years and has achieved different milestones of adaptation. People who say crypto is a scam are those who haven't been successful in it and had a hard time dealing with cryptocurrency's volatility. Bitcoin is no doubt, it has become commonplace and bitcoin is still the first choice. Altcoins are only as optional or second choice or second investment after bitcoin. People who are unlucky in altcoins of course they don't do research first, research is needed to determine whether it is worth being a second investment, the safest altcoin and still my favorite is ETH, because it always follows the price of bitcoin. For a new altcoin it will most likely be shitcoin and worthless. Of course Not everyone is lucky in the cryptocurrency world, but everyone has the same opportunities. |
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For experienced people maybe this is something for sure but the problem is that there are so many people who are always fooled by things like this just because of the big lure of the lure pump that makes them continue to do things like this without knowing this is a scheme they employ to attract potential victim.
I personally prefer to be on some of the alts that are at the top of Coinmarketcap's list unless they are memecoins and stable there but for others like ETH, BNB or projects that are new to Matic and Cardano I follow them.
If someone gets attracted or fooled by big APY or empty promises, it's their fault. No one in their right mind should believe that APY over 10% can be sustainable. It will work for some time but in the end it will crash and burn. If people would invest in projects with a working product (at least minimum viable product), all those hyped memecoins and shitcoins would never exist. But everyone knows someone who got rich in crypto and they want it too. But the fact is that almost everyone has done this and it is quite natural because indeed everyone can be greedy and make mistakes. For the first time it is reasonable but sometimes there are some people who are so greedy with things like this and this is what makes some people sometimes say that Crypto is a Scam, Even though he himself cannot run Crypto well. Saying it's a crypto scam because they have already lost a lot, they are too greedy and just want to make big profits. The fact is that this is the case, those who get wealth from memecoin or shitcoin are those who dare to take risks for that one opportunity and then throw it away. We must really know how cryptocurrencies work and be aware of the risks that could occur. Bitcoin is indeed the best, but if you can't understand it then everything will be a Scam. |
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Do not use martingale strat in gambling. It is doomed to fail, trust me. Been there. You never know how long your losing streak will be and each loss will double your stakes the next bid. It is a very high risk, very low reward gambling strategy. Even if you start at 1 dollar, in just 10 loss streak you'll be hundreds of dollars in losses. It is hard to recover from that.
My advice, just do a minimum bet and enjoy the game. There is no sure win strategy but you will not feel a loser even if you are losing if you are enjoying the game.
The Martingale strategy does have a high risk, because it expects every possibility to get a big profit in one win. But if you don't have capital resilience, there will be a lot of losses. It's better to gamble with a minimum bet and enjoy the game, don't indulge your lust to keep winning and winning, because defeat will continue to overshadow. This is could be use for short term playing if the gambler want to hit big wins but we know how risky to do this strategy especially if you bet one time huge amount of money. That's why if you can't afford to do this then don't try to look forward on this because somehow this could lead to massive losses. Maybe better to enjoy this strategy by prolonging your game because this is somehow fun because you will be watchful counting those possible losing and winning streaks. Rather than having to take a big risk, it is better to use another strategy, because the name of gambling cannot be predicted, successive losses will run out of capital. It is better to enjoy gambling with a strategy that extends the game even though the profits are small but more consistent. ~snip~ So for this aspects gambling is to be advised to be played with a spare money so that when the lost come it will not affect you that much
Good advice if gambling uses spare money, but if the spare money runs out usually those who are addicted will usually take the savings they have or other money. Gambling also needs to be managed so as not to go bankrupt. |
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Incidents like this happen often, I've experienced it too. They are scammers who create fake telegram groups that are the same as the original group or they even copy the developer username to make it the same. Then make some announcements about the airdrop and some of the winners in it. Which in the end is a trap.
Need to be very alert to do any work, airdrop or whatever, be careful and alert even though it's an official account. Never give access to your wallet keys.
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If you understand how it's done and what are the advantages of it, then surely yes.
Every trader needs a set of rules and once he masters them, then it's more of robot work as compared to the human mindset.
I would love to achieve that level of trading in my life. When you set your orders with SL/TP in advance and don't care where the price moves.
Also, when the price hits your target price, it's a blessing.
What do you mean by trading levels, whether to master technical and fundamental analysis or increase profits on each trade. Because it would be very easy to set up a SL/TP. The obstacle is panic, psychology when prices fall and when prices are too high, there will be a lot of FOMO. When trading according to the strategies and rules that have been made, without any hesitation, it requires strong psychology. Trading is really worth it when getting more profit, but on the other hand if the trade keeps losing then the trade will not be suitable and not profitable, Depends on the ability of each trader. |
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Do not use martingale strat in gambling. It is doomed to fail, trust me. Been there. You never know how long your losing streak will be and each loss will double your stakes the next bid. It is a very high risk, very low reward gambling strategy. Even if you start at 1 dollar, in just 10 loss streak you'll be hundreds of dollars in losses. It is hard to recover from that.
My advice, just do a minimum bet and enjoy the game. There is no sure win strategy but you will not feel a loser even if you are losing if you are enjoying the game.
The Martingale strategy does have a high risk, because it expects every possibility to get a big profit in one win. But if you don't have capital resilience, there will be a lot of losses. It's better to gamble with a minimum bet and enjoy the game, don't indulge your lust to keep winning and winning, because defeat will continue to overshadow. |
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~snip~
Although taking a loan from a bank is a big risk for me, I was ready to take that risk. So I took out a loan and bought Bitcoin. However, I have full confidence in Bitcoin so I am not afraid yet. I am now fighting with my luck.
You are very brave and risky, as you have been called many times. It deserves praise and respect. Your confidence in bitcoin could serve as an example for many. Especially for those who are still in doubt whether to buy or not to buy it. A loan, of course, creates an additional burden and obligations, along with a constant feeling of discomfort due to the fact that debts will have to be repaid sooner or later, and even with interest. But I think if you're so confident and ready to fight your luck, you should be able to handle it all. Confidence must also be supported by good technical analysis skills, if you only rely on confidence but can't read the market it will only be a guessing game. It is quite risky to make a loan to invest in bitcoin, because of the debt that must be paid in installments within a certain period of time and the interest that continues to run. Plans to profit from loans will turn into new problems with loans that have to be repaid, remember that crypto is very volatile and any risk can occur. |
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Talking further about the Qatar 2022 World Cup, of course the technology used for world football events must be really the latest and sophisticated and can help make the match better and more sporty.
FIFA has finally announced about semi-automatic Offside technology, This technology is expected to be a support tool for referees and match officials on the field and in the Video Assistant Referee (VAR) control room to help make decisions on offsides quickly and more accurately.
Sensors are mounted on the ball used for the match and will be connected to the semi-automatic Offside technology.
Similar technology was also used at the 2018 Russia world cup and of course this technology continues to be developed and is more sophisticated than before.
Previously also tested the 2022 FIFA Arab Cub tournament and 2021 FIFA Club World Cup
~snip~
Oh man, to be honest I think all these new technologies applied to football are not doing anything positive to it in my view. Making everything more robotic like doesn't make the sport more attractive, it lessens the experience. ~snip~ if you only look at the negative impact, of course it's not fair. The positive impact of using advanced technology in sporting events will further help the game run more fairly. We also have to be aware, in the modern era like today, technological developments are growing rapidly, so that every sport or whatever follows the existing technology. more like a robot, I don't think so. Sports are still played by humans and the use of technology is only to support the game. ~snip~
After that VAR came along and after many bumps in the road it still is not a perfect piece of advancement yet as there have been many dubious decisions that were taken and still do even though several years have passed. I hope the latest technology to enter the game at a crucial tournament (such as a world cup) does not become a hindrance which damages the enjoyment factor fans expect.
Of course, VAR technology or other technology adapts to the match, so it will not reduce the enjoyment of watching the match. goal line technology, VAR and others are certainly a positive value, some like this technology, some don't like it because they think it's like a robot. |
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Talking further about the Qatar 2022 World Cup, of course the technology used for world football events must be really the latest and sophisticated and can help make the match better and more sporty. FIFA has finally announced about semi-automatic Offside technology, This technology is expected to be a support tool for referees and match officials on the field and in the Video Assistant Referee (VAR) control room to help make decisions on offsides quickly and more accurately. Sensors are mounted on the ball used for the match and will be connected to the semi-automatic Offside technology. Similar technology was also used at the 2018 Russia world cup and of course this technology continues to be developed and is more sophisticated than before. Previously also tested the 2022 FIFA Arab Cub tournament and 2021 FIFA Club World Cup  |
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