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1661  Economy / Trading Discussion / Re: Stop Loss and Trailing Stop Loss in Spot Trading on: February 20, 2024, 09:07:07 AM
Hi when I want to open a position in spot trading I dont see the option to set up a SL before opening a position (this is possible in futures)

Is there any exchange that offers to set up a SL before entering a trade in Spot?
You make me laugh. Have you ever seen a car without a brake? If the answer is No, then you cannot see a broker/exchange without the stop loss. What I can only suspect is that you do not know how to place it with them, and the best you can do is to contact their support for help since it varies. Also, you may try to view their tutorials about this, it is mostly in the form of videos with exchanges. I am sure it will be an effective guide for you.

In my experience with trading, brokers/exchanges give options for the setting of your Stop loss and even Take profit before you open a trade. But in case you opened the trade before you want to set it, the option is also there. All you need to do is to modify the active trading position and you will be fine. However, the advice to give you is limited because you did not post the name of the broker or exchange you are talking about for a proper guide. Had it been you did, I would have helped you with the direct image of how it could be done for pre and post-trade settings.

Let me know if you will need more advice in this reagrd, but let the name of the broker/exchange you seek help with be added.
1662  Other / Meta / Re: Why suddenly Cloudflare Human Verification is Coming Up? on: February 20, 2024, 08:34:58 AM
Am I the only one facing this issue everytime I am trying to access the forum? Or everyone here is seeing the same screen. I am not trying to login as I have opted for Always stay logged in option. So, I am trying to only access the forum and everytime I do it I have to go through this shit. Is it because of DDos attack or @theymos is trying to control the bots that are spamming the forum. I would love to here your problem as for me it is making me irritate with constant verification screen. Infeel as if I need to prove  myself that I am human with this sudden change.
I experienced this about 5 times yesterday alone despite not experiencing it for almost a whole year. When others complained of it some months ago, I barely experienced it and I chipped in my advice then on the use of secure browsers and VPN. But this time, it happened repeatedly to me and I was concerned really because I only use my local IP and not Tor or VPN and others.

Now, reading what people had to say on this thread, I think that it's general and it could be for an important reason. We all know the controversy that happened on the forum recently, maybe enhanced verification was done, or at least such that would rescan the users' activities periodically to ascertain whether or not it's a human behind the screen.

It's nothing to worry yourself about. But if it persists too much, it could be that you use enhanced security to browse and you might want to change it or continue to manage it that way.
1663  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: February 19, 2024, 05:59:38 PM
so i don't think a 5-point lead is much. there are still 36 points up for grabs this season. there could still be one or two surprises in the last 12 matchdays.
however, leverkusen haven't had a coach as good as xabi alonso in the last 20 years. xabi is a successful guy who always wants to win.
and that could really be the way to success this year. but you know bayern munich.
i only believe in the championship for leverkusen when hrádecký or wirtz are holding the championship trophy aloft  Wink

I assume a gap of 8 points is really great for Leverkusen now.  Grin  Because Bayern Munch lost another game very interestingly. I was expecting like the Bochum game would be the one in which Bayern Munich would explode and get a huge win. But instead they couldn't even collect one point. Upamecano got another red card by the way and left his team vulnerable. He has risked his place in the starting eleven a lot.

Bayern Munich president stated how terrible he felt after this loss. Because from now on Leverkusen should just do a horrible work in the upcoming weeks to mess things up. Otherwise they should finally be able to put an end to this title streak of Bayern Munich.
Bayern Munich continues to show poor performance in all competitions. Bayern Munich failed to defeat Lazio in the UCL and also lost to Bochum in the league. With the 3-2 defeat at Bochum, Bayern Leverkusen is leading Bayern Munich with 8 points at the top of the Bundesliga table.
Your statement is outrageous against Bayern Munich as if they are that poor. I only see a temporary setback for them which I believe they will dust off soon. The club do not show so much poor performance in all competitions as you make it look, but in the Champions League and Bundesliga, and it's still a few defeats they conceded in counting, it's not as bad as many other clubs even though they are disappointing, to say a few. This is so discouraging to be candid, but let me still believe that they only had setbacks in those games. At home, this has further given Bayern Leverkusen the due advantage over them which might be a dash of hope for Kane this season. With 8 points clear of Bayern Munich, Leverkusen is seriously getting closer to lifting the cup this season. I must say that the club deserve it even though clubs like Bayern and Dortmund did not live up to expectations this season to be a better contender.

Xabi Alonso's side has proven their worth this time, I only hope they can replicate it beyond now, unlike what some underdog clubs do. You will hardly see any club beating them now, which deserves enough praise. Going forward, I believe that Bayern Munich will improve, and if you take a closer look at their last match against VfL Bochum yesterday, it was keenly contested though Bayern fans deserve better than what they displayed. Let's see what they will play against RB Leipzig on Saturday too. As much as I want Bayern to win this match, if they play like that of yesterday, it will be a regret for them. RB Leipzig is stronger than VfL Bochum that defeated them, so the risk is higher for them. Well, I hope the recent streaks of defeat will boost their morale to do better in the match.
1664  Economy / Gambling discussion / Re: What You will do in this situation? on: February 19, 2024, 05:37:23 PM

Well, though you are right that a lot of people might gamble just to pass their time and spend their spare time on it, however, when we talk about sports betting, indeed, it cannot be used as a time killer but it isn't as simple as just placing the bet because unlike gambling games, sports betting requires research and analysis for every bet so that you don't lose your bets because sports betting isn't always dependent on luck like gambling games.

This is the reason why some people might not find sports betting fun because they can't cope with the requirements and if you can't do your homework well, you will probably lose money and it's not fun when you are not being entertained and also losing money in the process.

The people who do the gambling for the entertainment was very low,many gamblers doing the gambling for making money.Because money making in the current world with the business became the hard one.This was the cause for the gamblers choose the gambling as their earnings sources.Some gamblers try to make the gambling site as their full time job.But they need to understand this was the game,So the negative side in the gambling also the possible one.If the gamblers want to make the gambling as the source of revenue,it was essentially important one for the gambler to have the unique gambling strategy to make money.
The money mindset in gambling is the beginning of the failure of any gambler, and even if you will make the money, it's just advisable that you should not put your mind to it, otherwise, it will drive you beyond what you could imagine. Agreed, it may not be so convenient to say you want to be using money to gamble and only focus on the entertainment part, but if one can force himself to do it, it is the best. We should learn from the way and manner in which most people are losing their money in gambling, they are losing mainly because they are just desperate for money. Sadly, that money may never come if the right attitude towards gambling is not set in place. How can this right attitude be set in place when the mindset of the money to be made has clouded the decision of the gambler due to emotion? That's why we have to be so cautious when we gamble, and perishing the mindsets of the money to be made with desperation gives us an edge to focus on the important things to put in place.
1665  Economy / Gambling discussion / Re: How to manage gambling winnings on: February 19, 2024, 05:18:07 PM
I think its best to leave some winnings behind to generate money for your future. In my case I would at least deposit %25 of profits to stock market based funds, in our country funds have %10 tax at Maximum. Hell %0 if you invest in national stock markets which is awesome. I would spend like another %25 and final %50 would return back to online casinos or betting websites. I just like turn my money into more and more gains.
This looks like a good plan and I must confess that I love it as well. But in my case, I prefer to do it a bit differently from yours, though it doesn't matter as we are still not wasteful but creative about our gambling winnings, which is what matters most. To be honest, I've not been so serious about my gambling winning, but this year, I think I will be. Initially, I often stored the money in my gambling account for as long as I could, and I could use the one with good funds to fund the one with no funds or a new one I was trying out. I also use it for some travelling and tours, but nothing has been kin toward investment.

Now, on reading your post, I believe that it's time that I take my gambling winning seriously. I don't have issues with winning with my sports betting, so I can do this. I will only try to accumulate as much as possible funds to be able to make good investments with it. I will not immediately withdraw my money like many advised on this thread, but set a goal, and when the accumulation hits the goal, I can shift it to crypto investment, and buying land and properties.

I can always see this and ever be happy about what gambling has done for me in spite of how some people talk badly about it.
1666  Alternate cryptocurrencies / Altcoin Discussion / Re: Is investing in altcoin futures a good idea? on: February 19, 2024, 05:00:32 PM

Hi guys, do you think investing in altcoin futures is a good idea? Which altcoins do you think are best for this? I appreciate all the help Smiley
Yes, of course, altcoins are listed among the futures trading options with traditional brokers and exchanges and many of them have huge daily trading volume. This can only mean that people are trading them, and if they are not good for trading, people will not dare to do that. But still, investment advice shouldn't be general because what I prefer might not be what others will prefer. For instance, as volatile and risky as Gold is compared to many other assets in the FX market, I still love to trade and I've considered it as my most favourite asset in the financial market. What I can advise you to do now is to first establish the kind of trader you are. You should know if you like a slowly moving market or a fast one. It is from here you can know what to choose among the altcoins for your futures trading. That's if you will choose any of them at all because I consider most of them more volatile than Bitcoin and Ethereum.
1667  Economy / Gambling / Re: How to self exclude from anonymous gambling sites on: February 19, 2024, 04:47:02 PM
The problem is that there are too many people who need helps except addicts. And i can`t help everybody even if i decide to spend all my resources for it. I don`t ready to spend all i have helping other people - i have a family, friends who need my help and they always are the first choice. May be if one of them will become an addict i will change my opinion but i prefer to work with it and don`t give them such opportunity.
What would that be that would make gamblers need help aside from addiction?

While I wait for your response on that, I think that what calls for concerns among gamblers still revolves around addiction. Something is bringing the gambler to gamble every time, and if it is not for fun, it will be for the money. And in the aspect of the fun, one can get entangled with it in the name of a hobby, and if care is not taken, it will just overwhelm the person, and hence an addiction. Also, with respect to the area of desperation for the money, the revenge for the initial losses and the greed, or the senseless belief that gambling is the avenue that will make them rich are often the causes of their repeated gambling.

This will always push them to gamble, and before you know it, they are already addicted. As you can see, all are centred around addiction which might call for help. Notwithstanding, if the gambler is making money consistently, such will continue to move closer to gambling so that he can make the money without a stop. I believe that such will still never need your help even though they could be addicted to gambling. But the fact that they are positive regarding it makes it no issue. For these, you can see that nothing about gambling calls for helping the gambler if not for addiction.
I`m in gambling. I get profit from gambling and positive emotions. Some time ago i tried to make gambling the main income or about it. It is real, but i hadn`t enough time for my family and friends or for my main job and i stopped. Everything is real, if you make your brains work.
I don`t cares about their reasons. If they need money they have to work hard. In the other way we will help crimes "because they need money".
I said my opinion. If they want to change their life - they must change it before they ask help.
Okay, I think I get you better now, and congrats on that, just get it consistent, it will help you. By the positive emotion as well, I believe that you will do well with it, but it's still about balancing things when it comes to gambling, and if I were you though, regardless, so far it's a positive emotion, you can still find your way around it and get to bet at best. But I would still like to advise you about your time and self-management where you plainly stated that you are faulty. You shouldn't have allowed gambling to affect your relationship, it could only be interpreted towards the fact that you didn't gamble responsibly at that time.

Money aside, you may be making money in gambling but still not being responsible in it, you might be lagging in other ways of life that are important due to it. That's what you should now work on and not quit what is giving you money. Again, I will still not advise you to rely entirely on gambling as your source of income, that is bad. This is one of the ways you made the mistake at that time. Gambling could be a good source of income, but it is best that we do not put our minds to it. The problem might start by entirely relying on it, and this will now start clouding our judgement because of emotion. Due to this, we might be segregating ourselves from our loved ones simply because of gambling, but nothing can be said less of an addiction in this regard.

Notwithstanding, if what you narrated is correct. I think you should go back to your way of gambling but make sure that you have a change of attitude this time. Judging by what your standing is, a way you know to make money shouldn't be abandoned in my opinion.
1668  Economy / Gambling discussion / Re: Risking 1% in Gambling on: February 19, 2024, 03:44:58 PM
Take me for instance, I can never gamble with 1% of my money, it looks like a waste of time, and even when I invest more money, I still can't cope with that low wagering percentage. But I wouldn't know for the rich people because as little as 1% could mean over $50,000 in some cases. This is why it is not good to generalise this or make it a yardstick that gamblers will now be using as a reference. It has to do with individual situation and purpose.

Do you wager with more than 1% of the portfolio ? If you do so, then you are taking an undue risk. Let's suppose you are wagering with 5% of the portfolio and if you lose that game or bet, it means that now you are left with only 95% of your portfolio. Also where the more money is invested, the winning percentage increases but the risk of loss also increases with it.

For people who have less portfolio, the best they can do is to do offline work and gather money so their portfolio increases to a reasonable level and that 1% of the gambling portfolio does not seem to be the waste of time for them. If they do not increase their gambling capital, then they will be forced to take more risks and in doing so they can quickly end up their small portfolio. The game here is get the maximum potential earnings from the gambling while risking the minimal amount possible.
Are you asking me again? I made it clear in my post that my gambling risks have to be proportionate depending on the amount we take about, the kind of game I want to play and my affinity to risk-taking at that time of gambling. In all, one must consider good budget and planning before gambling, so a situation like this can't be argued in favour of the low or high risks taking alone as you make it look, it must be in relation to some conditions. This is majorly based on the size of the money we are talking about. You can't expect me to have $100,000 in my gambling account and gamble more than 1% of the money. That risk is too high for me. I would rather risk lower than that in such a situation, so it is not a rigid decision in any case.

The same consideration goes for the low amount of money. I can't be wasting my time risking so little with a small amount of money in my gambling account. With this amount, in some cases, I can risk 5% of my money, and that might still be so little for me because I need to make money (if that is my reason for gambling at that time). If you read my initial post very well, all have been rightly explained there, except you did not understand it. Basically, I gamble based on the size of money I have for it, the risk/fairness in the games I want to play, and according to my plans on the budgets for that specific period of time.
1669  Economy / Gambling discussion / Re: Have you ever introduced an elder gambler to online betting? on: February 19, 2024, 03:27:56 PM
This is one of the main reason on why i dont really like o suggesting something on someone which it isnt really just that limited on gambling but also in investments as well on which we could
potentially be having those kinds introductions but im not really that a fan on sharing up something that im dealing with and just been said that i dont like on getting blamed.
It does feel suck when you get blamed for something you didn't do or intended to do. I do see some people getting blamed for introducing Bitcoin even though they clearly said buying it is risky and everyone should take proper measures before trading, yet nobody seems to care. I think this is just human nature where they tend to blame others instead of themselves first. That being said, some people who aggressively encourage people to participate without any risk-reward research do exist, and I believe people like this share the blame if somebody becomes a problem gambler or gets into financial trouble due to terrible investment, etc. The key difference lies in whether they tell you the risk and how often they tell the success story of the activity they're promoting imo.
The blaming nature of people is one of the biggest reasons why I don't recommend things that involve finances to people because I know that there is always a possibility of them blaming you for any loss that they have faced in the venture you have directed them towards while they wouldn't give you credit if they manage to profit from it. It's a bad thing but unfortunately, it's found in a lot of people and it makes them bad people even if they aren't generally bad.

This is why, one should never recommend gambling or cryptocurrencies or anything that might require them to use money unless they ask about them upfront, if they do ask about them themselves, that is when you can go ahead and give them some details but make sure to tell them about the risks involved.
You have a good understanding of the risk involved, some don't, while someone like me will also not care even though I understand the risk. I believe that as an adult if someone introduces something to me, it is my choice to accept it. So far the person did not force me to do it, then I should be able to take the responsibility of accepting it whether it is good or bad when the outcome comes out. This shouldn't be different in gambling and cryptocurrency, but what I will never do is introduce gambling to old people, I would rather introduce gambling to the young generation. Both gambling and cryptocurrencies are fun and are ways to earn income as well, it is not so inappropriate to introduce people to them, but the risk lies solely on the person that will accept it.

That's why I often tell people including those whom I introduced them that they should learn what I introduced to them very well before risking their money in them. Information is good and it will not make me evil because I shared it. It is now left for them to accept or decline.
1670  Economy / Gambling discussion / Re: Gambling friendly countries on: February 19, 2024, 03:10:15 PM
We all know that gambling income is heavily taxed in most of the countries. This is because most of the countries have separate taxes for the gambling related income. I want to know which are the most gambling friendly countries which charge very less or nil income tax on gambling winnings ?
I'd read a lot about gambling-friendly countries, but I never knew that people could take it seriously because you will hardly see a country that does not allow gambling, and their reasons could be mostly about religions which we have to respect when we are there. Aside from those countries, any country that allows gambling is friendly to it as far as I'm concerned, though the friendliness may vary. Still, the ease of gambling there could be taken into consideration, in which taxes are part of the good factors to make it more welcoming in the country. However, the countries where gambling is somewhat more rampant, if that is the right word to use, are the USA, Singapore, China, The UK, Germany, Australia, and many more. Personally, I do not believe statistics in this regard so much, I can only believe that most countries of the world are gambling, and the gambling magnitude can only be traced to the culture and population of the country. In most cases, the higher the popularity, the higher could be the number of gamblers.

As for the taxes, I think you need to be careful, I have too many conflicting details on the internet, so it is not worth sharing. What you need to watch out for are the ways some countries tax those playing in their jurisdictions. Some might tax you on online gambling activities but not tax you on offline gambling activities. It might be in the inverse fashion with other countries. While some will tax your net gains alone, or not even tax you at all. So, I advise you to learn the gambling tax law of the country you intend to go to rather than randomly seeking advice from people. It could mislead you painfully. This is even as the sources I sought advice from are conflicting.
1671  Economy / Economics / Re: Coping with Risk. on: February 19, 2024, 11:22:09 AM
It is of course true that there are risks involved in any business, and this must be accepted by all. And if you want to do business, you must face risks, it is also certain that if you don't take risks, you will never be successful. In any business and investment be it trading gambling etc place risk is the most important thing, if you don't take it you can never understand its taste. If you have to move forward in the future you must take huge risks and face many kinds of losses but don't stop, but you have to take risks and you will get success.
You do not reply directly to capture the OP, it's basically about the online and physical businesses. Risk is involved in all we do, I mean including those things we do that are not even related to money. We might be taking a risk unaware, so as long as we are living, we take risks daily, especially with the choices we make. This is why we can never be out of risk, but when it has to do with money, we should be reasonable with the risk we take, or else we will regret it. It's also worth saying that the OP didn't distinguish the risk very well in his write-up, the physical business has a very low risk compared to the online business, well, that's my opinion. Many risks are involved online and if you follow the due process, you will spend a whole lot of money more than others.

The money to secure your online business, for marketing, the licencing, tax and regulatory money, and some could be subject to renewal periodically which is mostly annually. These are some of what you would need money for, just to know what you are in for. But what if after all that, enough patronage did not happen as planned? Or your business is seized by the authorities as we often see, or even hacked for a huge ransom, or worse?

But the issue of physical business is lessened, though no business without its own issue.
1672  Economy / Trading Discussion / Re: Can you make everybody to win in their crypto trading? on: February 19, 2024, 10:22:05 AM
Unfortunately, no. We all have different levels in managing and performing our trades, which means the outcome would definitely not the same. Some will end up losing, while others manage to do their trades rightly and profitably, and I think being patient can do a lot in trading. While others can be very good when it comes to analyzing the market well and predicts whether it’s good to trade or not, but if they lack patience everytime they decide to trade, their trades will definitely end up meaningless and useless.
I like your stance here, and if it is possible for all traders to win due to how the expert traders are teaching and mentoring, that would have long happened. But it hasn't, which means that every trader can't be successful no matter how they try, something will still go wrong. Even the expert traders are facing trading challenges, and there are weeks/months they could fail, and there are some weeks/months they will win as well, it's all about how they put what they know into action and being cautious at the same time. However, one thing that is keeping successful traders outstanding is the way they manage themselves and their trading accounts better. This is why I always say that there is a thin line between a successful trader and a professional trader, and being a professional trader doesn't make you successful. You could be a professional trader because you know everything about trading and are even teaching others. You may also have your book about it that teaches about all that a trader needs to know to be successful, but still not successful.

This hints that the theoretical part is nothing compared to the application, and the real-time application varies depending on our prevailing psychology (balance or not) at that time. The trading psychology that people often underrate matters a lot. Owning to this, traders can fail or become successful in trading despite all they know, but their strategy, management, plans and psychology are important factors. The most common among these that cause traders to fail are management and psychology. Many traders have good trading strategies, but they fail to manage themselves (psychology) and their trading accounts well (risk and money management), that's the issue and it goes a long way in making the traders fail even if they know everything they supposed to know about the market trading. And this explains why you may teach 100 students about trading and only one of them may be successful. It all has to do with the right applications of what you know, or else, the trader will fail.
1673  Alternate cryptocurrencies / Altcoin Discussion / Re: Quick profit is the only reason why we invest in Altcoins on: February 19, 2024, 09:36:35 AM
Investing in Altcoins had been what so many invested have been looking at these period. Believing that bitcoin's bull run will surely influence the price of the altcoins and hive them massive gains. Literally if bitcoin rises altcoins follow suit but this is the only reason i see that makes potential investors to invest in Bitcoin. There is no other interest as they feel its unsafe to store value or wealth, cant be used for p2p transactions and it cant be trusted to hodl for long. If you think there is any other reasons that makes investors put their money in altcoins feel free to share. I would love to know.
I will be more correcting here because most of what you said is wrong. First, Bitcoin and altcoins are crypto assets, either of them can initiate the move in the market. But often, it's Bitcoin that initiates the move, and by its most relevant remark in the industry, we should not expect less. Nonetheless, altcoins are not as useless as you make them look, and Bitcoin is not without its losing season as well. If you bought Bitcoin in 2021, will you be smiling in 2022? That is it, none of them are immune from the bearish season, so the store of value you attributed is not so appropriate, investors can only manage their portfolio better to avoid losses.

Again, how they will help you store the value is still a function of the type of coin/token you are talking about. A lot of them have values now, they are linked to good projects nowadays and such projects are such that we can physically see. So if one can hold on to such coins/tokens these days, they might be better than it was before. But still, one has to be careful and use the charts for guidance, as risk is involved.

Lastly, you are wrong about the P2P remark. Many altcoins have their P2P and I've used at least 3 of them in the past.
1674  Economy / Speculation / Re: A new ATH before halving. Is it possible? on: February 19, 2024, 09:13:52 AM
-snip-
Now, my question is: is it a possibility that this upcoming halving is unique in that a new ATH is reached before it? We still have a lot of time left. With the demand beating the supply, $69,000 is not far away from the current price.
This is a good observation and I've observed it myself with mixed possibilities. Well, this is an asset we are talking about, the market is always confusing and no one can certainly predict what will become of any market. Due to this, I advise that all the answers and suggestions you receive should just be taken as information, you can't be certain to believe that's what will happen in the Bitcoin market. For me, I believe that Bitcoin will not find it easy to hit the ATH of about $69,000 before halving, though the possibility of that happening keeps increasing daily. Nevertheless, we have barely a month and some weeks for Bitcoin to halve, I do not think that the asset will be able to move as high as that.

It has already moved so significantly in the few weeks of 2024 after a correction and I believe another correction could happen. What I do not believe is that it can be so expensive to that extent, nothing is currently so spectacular that will make it happen. It has enough of promising futures in the near future but more investors might be waiting until the halving, and not before it. This will always undermine the bullish movement of the coin till then. It will only try to buy, but it will retrace afterwards, and also buy again to make a retracement again. This will happen until the halving comes in place, after which it could be buying with better momentum.
1675  Alternate cryptocurrencies / Altcoin Discussion / Re: Seeking Advice ‼️ on: February 19, 2024, 08:37:33 AM
Hey everyone! I've got $1000 to invest before the next bull market kicks in. Should I spread it across five different coins or go all in on just one? What are your top picks for either strategy?
Hey buddy! The choice is yours and I advise you to do enough research for you to select well. However, if I were you, I would not be so careless to invest the whole $1,000 in just a single coin/token. What if it underperformed? This pains investors more than anything, and I know that it is best to diversify rather than believe a certain cryptocurrency can save the day. If I were you still, I would not limit my investment to just 5 coins/tokens, I might go higher to between 7 and 10 cryptos so that it will be better spread for me to maximise my earning potential and reduce the risk of missing out as well.

You might want to choose from Bitcoin, Ethereum, AVAX, INJ, SOL, PENDLE, AI, RUNE, ICP, MANA, NEAR, DOT, ADA, ALGO, OCEAN etc. You know what, the list is endless, just do your research and select carefully. Good luck to you.
1676  Bitcoin / Bitcoin Discussion / Re: Knowing when to own your bitcoin on: February 19, 2024, 08:18:51 AM
My story
<snip>
I assume you are one of the many people who are currently happy with the profits you have made with Bitcoin because the price of Bitcoin is increasing.
You are also one of the lucky people with Bitcoin because you bought it at a price far from the current price. Luck exists but not everything and forever depends on luck.
I think your story is true. I am also happy with the luck and profits you get.

True or not, Bitcoin is so promising, we can see it all around us, and those who want to get the best through it must be ready to take the risk. But it's not about just taking the risk but taking the risk at the right time. Like the OP, he took the risk at the right time, and you can imagine what he would gain if Bitcoin eventually hit $100,000 or more in the next 1.5 years. How many banks and investment packages can achieve that (almost x5) within that short time?

I have so much trust in Bitcoin (decentralization) and the investment involved in it, even the payment gateway involved eases a lot of pain for people like me. This can't just be overappreciated. I knew what I went through when I was sending money abroad initially, so it is all benefits regarding Bitcoin if we look beyond the money we could make through it. Well, for others as well, it is never too late, anyone can still make money in Bitcoin because the way I see it now shows that it might even surpass the $100,000 market that people often call. It has almost reached $60,000 before the post-halving season, I wonder where it will be when the time is eventually reached.
1677  Bitcoin / Bitcoin Discussion / Re: Gary Gensler: "Bitcoin is not that decentralized" on: February 19, 2024, 07:44:36 AM
In a recent interview with SEC chairman Gary Gensler, there was something that caught my attention. The chairman stated that "Bitcoin is not that decentralized". That's "partially due to the prominence of centralized crypto exchanges". You can read all about it here: https://www.cnbc.com/2024/02/14/cnbc-transcript-sec-chair-gary-gensler-speaks-with-cnbcs-squawk-box-today-.html

I'm afraid he's right, especially when CEXs hold most of BTC's circulating supply (eg: Binance). It's even worse now with the recent approval of spot Bitcoin ETFs by the SEC. Institutional investment companies like BlackRock, VanEck, and MicroStrategy are accumulating large amounts of the cryptocurrency.
Are you surprised? I am not. Regulation is non-negotiable in the crypto world, and what we've seen is just the tip of the iceberg. In the next 10 years or thereabout, you would have seen enough regulation that would have further lessened the decentralization of Bitcoin. By the principle of operation, Bitcoin is decentralised and nothing may change that, but when it comes to the way businesses are being built around it, you can't say that anymore.

We first had the centralised exchanges and other centralised systems allowing Bitcoin that the government has been on their neck, and now again, the ETF, what do you expect? The usage will be more centralised. I see nothing so different from how the fiat currencies are being overseen by the authorities in this regard. I don't think that the government can ever allow what is dealing with money to be happening without having a say in it, so I understand their plight too. However, people have a choice, they can try to do it without the use of any centralised system. It is so possible as far as Bitcoin is concerned. This is just a choice in my thoughts, but I am certain that the decentralized system can cover up, at least for now.

However, I used "at least for now" because, with time, the government might start clamping down on decentralised websites and apps, it is only a matter of time. I hope people can refer to my warning when the term comes.
1678  Economy / Gambling / Re: My betting strategies on: February 19, 2024, 07:25:34 AM

1x(win or draw) mostly has small odds. As the result - you have higher win chance but lower prize. I prefer to risk but get more money. The bookie gives only a part of statistics - they need your money, so i prefer to search some additional information myself. Sometimes i can find that the key player is injured and the opponent team has higher chances to win than the bookie thinks. Such situations give us an opportunity to increase our win rate and profit.

In terms of collecting statistics and analysing it , bookies know when a key player in a team has an injured player and to the extent that it will affect them or not, so be rest assured that they compute all those before coming up with the odds in the options of the game. But sometimes a gambler gets lucky when a key player suddenly is injured seriously and has to go out or goes out through red card. So such opportunity is an advantage to the luck of the bettor who has made bet in the favour of the opponent team. The point is on the balance, bookies don't allow you a free winning opportunity, they always keep a tight option for gamblers.
LOL. Sometimes i see the team names are mixed up by the bookie. Try to bet not only top leagues and you`ll see the difference. The problem is that you have to find some fan site or board, or team site, where you can find this information. It takes lots of time and i can`t say that it gives you 100% chance to win nice odd. But if you have enough time - you can find at lest several such games per week.
If I got you correctly, you are advising someone to look for the community or website where such can be extracting his gambling predictions. Do you think that is the right idea? Well, in my experience, that's not the best idea even if it is right with you, you do not have to always be dependent, being independent is key and I do not know what is so difficult in sports betting that someone will not be able to use his brain for it. The good way to make the analysis is highlighted by the OP, you may want to learn more about it online to get it better, so it is so simple. The learning is better so that you fully understand how those people you wanted to be copying their bettings are also doing it. We should not always go for the easy route, we can do it all by ourselves too.

As for the betting odds, I believe that the difficulty matters here. If you are betting on the team that has the greater chance of winning in the view of the house, and probably yours and others as well, you will always see the low odd attached to them. But when the chances of the teams are so similar to each other, you can see at least 2.0 odds. This is the kind of match I like to gamble on, but you will hardly see them if you are betting on the biggest teams in the sport.
1679  Economy / Gambling / Re: How Crypto casino market themselves? on: February 19, 2024, 07:01:13 AM
In here the most effective ways that casinos market themselves is via the signature campaign or ads that were available before the administrator put an end to it some time ago, and also at some point we have seen alot of other platforms that casino make their promotions and for that, we have not only one channel of promotion for casinos but whichever ways, just make sure you are gambling on a reputable casino regardless of how you learned about them or their methods of marketing.
More traffic comes in through banners ads on data aggregator websites like coinmarketcap, coingecko, gambling review websites which are paid to promote them. Then you have these MLM/HYIP sites which are also browsed by those seeking high risk investments as gambling can be seen as one too. Many are actually going through with the referrals because word of mouth is a good advertising too. Local communities are engaging in the site and more signups come in from these.

Signature campaigns are one part and indeed any of the users come to this forum too but the high rollers operate from the shadows, rarely come to forums and all.
Banner ads have to be the most effective way for a casino to get customers, in my opinion, because they create banners that attract people who are generally interested in gambling or even those who aren't interested in gambling but are always looking for shortcuts to earn a lot of money as casinos offer bonuses to new customers and many people think that those bonuses can help them win a lot of money while they don't know the underlying requirements they will need to complete before they can make use of the winnings they get from those bonuses.

The second best method for casinos or any platform offering monetary benefits is through referrals and affiliate programs because people would do everything they can to refer as many people as possible for the benefits attached for them.
I think the latest is getting sports athlete to be their brand ambassadors, we have seen that kind of promotions lately and I think it's very effective to have a personalities behind that name so that someone, maybe a fan will be sway to play at that casino if their see their favorite athletes together with the name of the casino. Of course, the traditional way, affiliate marketing, although very difficult, but there are still members here who might be using that strategy, it's passive income for us after all. An for crypto based, yes, this community is the best to promote behind signature campaigns and as we can see, top casinos still have their campaigns here running for years, thus gaining the reputation from our community.
That's a very good marketing approach, it's an influencing kind of marketing in which the company uses important figures in sports or the entire team in the form of a partnership arrangement. They know what they will be paying per specific period of time, and the club/personality they choose will be obliged to do some bidding for them, which includes adverts and audience at some important functions. This is though not as new as you made it look because it's been long years ago that I've been seeing such an arrangement. This is also not different from using celebrities from any field to be their ambassadors.

Companies often believe that since these celebrities are popular, they can use their popularity to increase their awareness and, in turn, increase their patronage. This is always working to be candid and some people will go for such companies, be it casinos or others just because the celebrity they like or teams they prefer have something to do with them.
1680  Economy / Gambling / Re: tell me the best online casino on: February 19, 2024, 06:25:21 AM


1. Making some research
2. Fact and reputation check
3. Verification
4. Issues/complaint hunting

This is why its not really that hard if you are really just that mindful about doing those basic stuffs on which you
wont really be putting up yourself on such trouble if you do just simply do those things alone.
People are really just naturally lazy.  Smiley
It's laziness that makes some people not to be able to fine the best casinos around,  even if not from this board,  if you take a close look at what we have being getton from this board,  you will discover that yes it not a hard job to locate such good casino to place out trust on or handling which is something that have being bringing up as we are comments and contribute to their ann threads.
Laziness could be a good point for some people, but this can't still be able to express what is responsible for not getting the best casinos for other people. Some people might just not be lazy but still become victims, whereas, some people might be lazy and still luckily locate the best casinos somehow and have the best experience with them. So, this is subjective, it can't hold the truth for all situations. Exposure also matters here, we are better literate than each other, and the location we are plays a very big factor here. That's why you see so many people selecting by recommendations alone and I don't blame them. While some who aren't even lazy would search so well but would be furnished with so many options which will be another issue of confusion for them when it comes to the right selection.

Not to mention that at times, if we search, we can be confused or be wrongly directed. The word "best" today on the internet could mean "worst." This is because every company/website is now investing in marketing and SEO, and the more you are relevant on the internet whether you propagating nonsense or not, the more you will appear when people search for you. I do not always like what I see on the first list when I search and indeed may be a no-go area for me according to my experience with them. Therefore, if anyone asks people to point them in the right direction, it doesn't necessarily mean that they are lazy.
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