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1741  Economy / Gambling / Re: Top 5 Advantages of Bitcoin Casinos vs. Traditional Casinos on: June 09, 2023, 01:35:09 PM
2. Safety and security

We should count it a great privilege that we never fall on the category of those that will have no access to online cryptocurrency casino than the physical casino because the security of them both are incomparable to each other, which means it will be very hard to see a gambler kore interested on physical casinos because ofbthe security and safety that is not certained to be achieved in using them in tgis advanced digital currency and technology.
1742  Economy / Gambling discussion / Re: Gamble Responsibly on: June 09, 2023, 01:05:25 PM
Everything that is excess is bad including gambling, I mean for it wasn't actually bad to gamble some things as long as you know your limitations on your gambling.


Too much stress
Anxiety and Depression
Debt
Making wrong decisions


This was probably the reason why we shouldn't let ourselves get addicted to gambling, I believed this kind of addiction can be fixed with the right discipline. Too much stress, and anxiety. depression was the last thing you would really want, it's very difficult if you have this kind of thing every day on your mind, peace is probably the best thing that you could have every day.

Gambling for me is for fun and entertainment, you could win and lose on your every game and probably put a big amount of money into it, but if you lose then you lose just accept it and try again another time, that is just how life works you can't win every time. I mean it was supposed to be fun right? But most people just take it seriously and gamble every day or just get greedy and gamble a large amount of money that is probably all of their savings, wanting to take shortcuts and easily get rich I guess.

Everything that is too much will also have a negative consequences with time, this calls for us to always maintain a stable and flexible kind of lifestyle in gambling, winning a bet when we gamble is not by how reliable we are or being committed to that gambling platform, neither does it has to do with the amount of money we are using as stake to gamble with at that particular moment, luck is not always, it's occassional.
1743  Economy / Gambling discussion / Re: Wagering requirements for withdraw on: June 09, 2023, 12:49:37 PM
I have recently signed up in a new casino and I'm receiving some bonuses with the wagering requirements we are discussing in this thread. The thing is that I have always thought that very high wagering requirements are abusive, but taking into account that the bonuses I'm receiving aren't linked to any deposit I make, I suppose that it is fair for that "free money" to be used as "test coins" and only be able to withdraw for real money after a very lucky strike. In the meantime, the player gets fun and used to the casino at the same time.

In most cases, you can't expect the casinos not to be that wise enough that you signed up and received their bonus and uses that same bonus to gamble and win and expect them to allow tou withdraw the whole money, things aren't done that way and they may not agree to that terms, you must also show commitment in making at aleast some deposit to use for gambling before making withdrawal, some casinos would have alert you on this before time while some will only tell you when you needed their attention to perform some functions from which are being denied.
1744  Economy / Gambling / Re: Which are best stake alternatives on: June 09, 2023, 12:33:25 PM
Straight facts, no cap, these digital casino know their stuff. Names like Duelbits, Fortune Jack, Roobet, and Rollbit have street cred when it comes to lockdown trasactions. But, can we just acknowledge the elephant in the chatroom? That shout-out to Stake.com was smoother than a fresh DM slide. Honestly, it's a vibe.

Can't overlook the fact that domains like Stake.com are offering more than just the typical 21 and roulette. They're dealing in everything from old school casinos to the latest Esports. Jumping from site to site, you're spreading your bets, true. But the polished, dependable aura of Stake.com pulls you back like a top trending tweet. Its user experience is like finding the perfect memee for your group chat, while other platforms feel like reposts.

You will hardly finds any form of challenge with stake.com because it's not a gamble platform common like other do or behave, take a look from the aspect of logged complains on scam accusation board on many casinos, low level of customer service experience and relationships, poor delivery of gambling services, stake.com has been having edge over others and in terms of reputation as well, it has maintained it integrity with gamblers using it.
1745  Economy / Gambling discussion / Re: Don't gamble if you don't have patience on: June 09, 2023, 11:27:29 AM
Even if the transaction queue is congested and takes a long time to process, I prefer using higher fees to expedite the process. I do this even when I don't urgently need that particular fund. As long as the fee paid remains affordable compared to the profits I gain from gambling.
You should understand that not everyone will be abkebto afford paying high transaction fee, especially for the gamblers they gambles to earn from what they stake, we may all not have equal fingers and the same level of financial income, in such cases like this, there may be needs to exercise more patience.

In reality, you simply lack patience when waiting for Bitcoin transactions. Moreover, your emotions influence you while playing, leading to critical mistakes. I tend to avoid online gambling platforms when my emotions are unstable. Engaging in outdoor activities might help me rebuild a positive mood, allowing me to face the computer screen again.

Actually one can be morally depressed atimes and one of the means to get through this is by engaging in gambling or going on outdoor activities to whine away time and get refreshed.
1746  Economy / Gambling discussion / Re: I am only trying to stay safe by gambling less on: June 09, 2023, 11:07:03 AM
Gambling, like everything else in life, can be a good thing if you keep control of it.

The same with alcohol, or any other thing that brings you some level of happiness, even eating food.

If you overdo it, then you will end up in a bad place. The problem with gambling is that it can be financially devastating really fast, so you always need to be in control.
I'm on the safe side because I don't engage in gambling activities, have never considered it, and don't want to be in a scenario where I have to pick between my properties and betting, putting one in a bind. I started with cryptocurrency earlier on, and with consistency, I'm taking some important earnings from the market, as opposed to gambling, which is unpredictable and inspires some hope. Gambling is risky, and we have both positive and negative information when we strive in the market, anyways its just the matter of decision triggered, I bet gambling have good tast for the addictive ones.


As you've mentioned, gambling should not be mixed together with investment fund and it will not be a good idea to use the investments on your property which serves as assets to use for gambling, many have made this kind of mistake in the past and are regretting it today, there must be an orderliness in whatever we are doing while gambling such that one side must not be affected against the other on the long run.
1747  Economy / Gambling discussion / Re: Bankroll management discussion on: June 09, 2023, 10:29:31 AM
I personally prefer using the smallest bet possible when I'm playing slots because that would allow me to have as many spins as possible since which will increase my chances of maybe hitting a big multiplier because it sometimes takes time.

What you're getting here is that if you stay longer in the game, you'll have more fun. However, if we base it on the real chances of winning, since slots have a house edge, that means the longer you gamble, the lower your chance of winning will become. It's pretty opposite to your expectation, though.
simply put the longer it lasts the house will win.

If you really want to bet a low minimum bet, isn't it better to choose not to play slots for too long? I mean if you use a small bankroll and want to last longer in slot games it's the same as just wasting your bankroll unless you're just for fun when your bankroll starts to decrease by half of the total amount it would be better to stop for a while and continue the next day to still be able having fun.

There's no how you will have enough bankroll in your casino wallet and not spend more time gambling and the more the time the more the money you spend gambling, while best decision here for you is to tume yourself such that the moment your bankroll has been exhausted then that ends the whole show for the day, but as long as you keep having enough, it may be difficult for you to put a stop because it will be fun to you while before you realized you have gone far in spending.
1748  Economy / Gambling discussion / Re: Gambling is not a steady income haven on: June 09, 2023, 10:10:40 AM
When people enter the gambling, they always get what they want. Most people say they want to double or make money because they do so. But it is not. The truth is most come in there because they are bored, they want validation, they want the constant dopamine hits, the excitement. So they will get it. They just realized it long enough when they don't have any money. And they will crave for more, worse they will put it on credit.

So instead of making money. They are just normal people looking to solve their internal psychological problems by gambling. Still, money will not always flow in gambling. Unless you have the capital and system in play as a big player. Consistent income will be limited for anyone.
Those who often play gambling want fun and make money but unfortunately, they run out of money without being able to make money. If they gamble, they should just do it for fun and never think about making money. It will be more difficult to obtain because we must have great luck.

To solve their internal psychological problems, they should look for others who don't need money and lose money. Many other things can help them to reduce or solve internal psychological problems.

Responsible gambling is usually carried out by those who are able to control themselves and usually they don't expect it to be a permanent income haven in gambling. Basically gambling is quite fun to do to relieve stress when the activities we do at work are so hectic, but it is responsible and more fun things to do together with friends and co-workers.

In contrast to those who experience disturbances in thinking or as people who are seriously addicted to gambling, because they think that gambling can generate a steady income every day. Gambling like this is difficult to cure and if one's personal desires don't want to stop then nothing can help cure this addiction.
If they can be responsible and control themselves, they can get pleasure from gambling. But most of those people will lose responsibility while gambling and, instead of having fun and relieving stress, can get frustration and other stress. They must have self-control before playing gambling because gambling can make them want to use more money to make money. If they can't do that, they shouldn't get anywhere near gambling and should look for other things. Gambling should not be used as a means to make money but only to get pleasure and after getting pleasure, they must stop immediately.

That is why it is also good to have a gambling budget. It should not be that a gambler should just be gambling without having a gambling budget. I have just 5% of my weekly income on gambling budget and I do not gamble too much but only just weekends. If I have more time and I gamble more and the weekly gambling budget is exhausted, then I will know to just quit gambling until that week is over. If a gambler discipline himself very well and not following emotion, it would be a good thing for him.
Yep, we should set a gambling budget every week or month and never go over that limit. I set that limit for the week and so far, it's been going well where I don't interfere with the money used to meet my daily needs. And I can enjoy playing gambling even though I don't play gambling every day. But it really helped me to be able to control myself and be able to avoid gambling addiction. I agree that we should have good self-discipline and not follow our emotions because if we follow them, we will deposit more money when ours is running low.

To cap it all, don't gamble blindly, if you're tge type that only depends on gambling bets to earn a living then you have to double up and sit more tight to find other means to serve as additional income source, plan your life and don't let gambling plan it for you because you may not like the end result, make commitment to your source of income not to spend them all on gambling, also gamble with moderation, avoid excessive risk, don't rely on gambling to earn, have other alternatives to generate income from and use the amount you can afford to loose for gambling.
1749  Economy / Gambling discussion / Re: how to get over it on: June 09, 2023, 09:34:29 AM
I’ve turned $1,000 into $100,000
I’ve turned $6,000 into $80,000
I’ve turned $11,000 into $550,000
and recently I’ve turned $4,000 into $90,000

With nothing to show for it…I’m a sharp sports bettor, but I always end up going all in. I can never be satisfied until it’s too late. I always need to go all in.

I’ve been reading comments from my last post (turning $4,000 into $90,000 and losing the entire $90,000), and I can’t help but feel like shit.

How do I get over the countless failures? I’ve been chasing the $1,000,000 dream for years.

There's nothing wrong with you than insatisfaction coupled with greediness, if you had applied the wisdom of taking the profits for investment on a profitable assets and using the initial stake back to gambling, you wouldn't have been in this kind of shoe because the more you keep attempting to hit big the more you realized loosing beyond measure, there are times you will also need some space to be able to rethink and plan well for the next steps, when you gamble, use the amount you can afford to loose, when you will, remove your profits and invest and return the capital back to gambling.
1750  Economy / Gambling discussion / Re: He Committed Suicide After Losing School fees, And That Of Friend To Betting.. on: June 09, 2023, 08:53:18 AM
It's also a shame to see some parents not to know what their children are doing in secret, i count it as being insensitive enough to know that your child is gamble being a student whereby gambling requires money to do it, also i will blame the parents the second time for the kind of upbringings the child was exposed to that has led to his thinking about comitting suicide, how did they arrived at training their child having that kind of mentality, he would have been so used to making friends or too used to an open environment full of different atrocities.
1751  Economy / Gambling discussion / Re: Can this be effective against the increasing numbers of gamblers? on: June 09, 2023, 08:25:37 AM
It's never effective in reducing the number of gamblers. Once there's a game, and bookies are offering betting odds, people will still want to bet. We cannot eliminate gambling from the equation as it makes watching the game more entertaining. Moreover, gambling isn't necessarily destroying lives, as long as we understand how to gamble responsibly.

If they don't want to increase the number of gamblers, then they should ban gambling in their country.
Eliminating gambling is not easy because many people have used it to make money but still don't understand that gambling is not a place to make money. Maybe the government can reduce bookies but it will be difficult for them to eliminate them because gambling places can move from place to place. Maybe the government can try to give understanding to people not to gamble too often or reduce the time they gamble so they can control themselves more. And as long as there are still lots of promotional advertisements about gambling, it can make the number of gamblers increase and in the future, it will also increase the number of people who are addicted to gambling.

Let's be real here, the first scene on this is that gambling can never be eliminated, the second one is that the government cannot control, moderate or regulate gambling in general, the only chances whereby they make some stands with the online casinos is when they require them to go on by license, every other decisions either coes from the gambling platforms or the gambker himself, but know that the gambling platforms cannot implement what will not work to their own favour and against the wish of their customers the gamblers.
1752  Economy / Gambling discussion / Re: The madness of gambling addicts. on: June 09, 2023, 08:00:49 AM
You are right but such a scenario is very uncommon, after all at that point greed takes over those people as they think that if such results can be maintained during the long term then they could make gambling their main occupation, so they gamble again thinking they will get the same results only for things to change and experiment some heavy losses, then instead of simply accepting that their results have gone back to the mean they gamble even more money, and that is how they end up returning all of the money they won to the casinos.

This is the most common mistake when, after a long series of failures, the player tries to increase the amount of the bet and thereby hopes to win back the loss. But this only means that the player turns on emotions, and it is clear that in this case the loss is inevitable and it will be a more significant loss. Even if this time the player is lucky and wins, it will be even worse because he will think that he can win back in this way, and as a result, he will return to this method again and again until he loses all the money.

One hidden truth about gambling is that the more you attempted to win the more you're loosing because one cannot approach gambling with being too emotional and desperate for winning alone when it's a likely possibility for either winning or loosing, this is part if the risk involved that you find out some matured gamblers don't go after winning but the fun the derive in gambling is their major priority which that's how it should be.
1753  Bitcoin / Bitcoin Discussion / Re: CBDC competing with bitcoin on: June 08, 2023, 09:58:24 PM
Having a central bank digital currencies still does not change anything because the system still remains the same, central bank digital currencies (CBDC) is controlled by the government and this same system can be manipulated. Central bank digital currencies is a financial structure that is based on debt.

If you're using fiats and CBDC, you're still under thesame canopy of centralized authorities being in control of your finances, they can implement, change, alter and influence change as they want, they have the full control over your asset without taking permission from yours, if you think this is abnormal and should be stopped, you have the option of choosing a decentralized digital network with bitcoin, if you adopt bitcoin then don't make the simplest mistake of going back to where you left by having your bitcoin on centralized exchanges.


1754  Economy / Economics / Re: Binance crisis - how will it affect the crypto market? on: June 08, 2023, 05:00:39 PM
If you review the history of Binance, it has become an expert in addition to the business that Exchange manages, it is to respond to lawsuits, it has them in most of the countries where it works as an exchange, nothing new here, and using the adjective crisis is exaggerated.

More "propaganda" for the exchange, nothing is going to happen at least not in the short term, but it is a sign for you to understand what your financial relationship with that exchange should be.



i think you are right there
Binance is an artist on its own rights.

But only that, Binance could actually be a con artist here because it's a long time player in this kind of issues, CZ himself is not too worried because he had already known the way out, but what happens if the government eventually seize their licence of operations and banned them, aren't there going to be a massive lose of asset from them, are they not going to get liquidated, but the truth will always emerge one day about not your keys not your coins while the remaining aspect of the cryptocurrency network keeps moving.
1755  Other / Politics & Society / Re: Taliban are fighting with Iran on: June 08, 2023, 04:39:41 PM
Both of them claim "god is on their side", but the Taliban seem to have US weaponry also.

Quote
The Taliban clashed with Iranian border guards over the weekend, and it used American equipment to do it. The fight took place in the Nimroz province of Afghanistan, on its south western border with Iran. At least three people died, and others were wounded in a dispute about water rights in the region.

https://www.vice.com/en/article/epvvgk/the-taliban-is-fighting-iran-with-american-weapons

Officially this is about water rights, unofficially some sources say that it is a coincidence that the US left some much equipment in there when they retired in a hurry from Afghanistan. That equipment is now being used against Iran. Do you believe in coincidences of this kind? Apparently they have a mixture of super-old soviet era captured stuff and more or less recent light armour from US.

Once there's a communal dispute like this, you can't blame anyone because alot of things will be emerging new, you can't get the real idea or information of what's going on because everyone will want to prove their rights, there's a very good tendencies that the US left many of their war equipments when the Taliban took over the government in Afghanistan, the issue of water and boarder boundaries may be the major cause to the fight due to claims on ownership which might have led to serious arguments.
1756  Economy / Economics / Re: To Hodl or Lend: What is your take? on: June 08, 2023, 04:25:04 PM
I don't really like lending whether it's fiat or bitcoin so hodl and self-custody of your assets all the way. Surrendering control of your BTC or other crypto to these lending platforms in exchange of interest always comes with risks and it doesn't matter if they seem reputable to handle your funds. We should learn lessons from big crypto companies that were "exploited" or filed for bankruptcy.

Nobody in his right sense of thinking will appreciate lending than having to invest and hodl, but the process or means to this is what many lack as adequately not too good enough, there must be a desire for something, then a pursuit for it, then meeting the requirements for it by giving it all it takes, going through the challenges and finally arriving at the end result, if you don't have today is not the end of the story that you can never possess, start by creating something in form of value and earn from it, such a way or means could be your own opportunity to getting started to have, invest and hodl than lending.
1757  Local / Nigeria (Naija) / Re: Take a cue from Kenya: My advice to incoming administration. on: June 08, 2023, 04:17:38 PM
What is Kenya besides Nigeria, it has no merit to stand or compete with the Naija but we have to consider something that truly it was once said that Nigeria is the giant of Africa but does it still exist thesame way till date? Are people not looking for alternative to other countries because of lack in coordinations, well i believe the water has been stired already and new catch of fishes will soon emerge with the new administration the country just badge into, it's never too late to take back the lead and prove it by all means, cryptocurrency may be the first avenue for that.
1758  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Promising Crypto Coins Expected to Make It to the Top 100 on CoinMarketCap on: June 08, 2023, 04:11:04 PM
Arbtirum can survive at a price of $ 1 because the team takes good care of it, ..

There is no connection between the value of the ARB coin and the operability of the A rbitrum network. Accordingly, even if the value of the coin drops to 10 cents, the Arbitrum network will continue to work smoothly. Accordingly, the price of the coin in the future will depend only on the work of the market maker.

The market makers are the developers, those behind the funding to that coin and the potential investors on the same project, this has to do with alot of money needed to maintain their stay on the market especially whenever the market run dip and there's this common fear of missing out, but as you've said, the market makers will determine the fate for the value the coin will maintain while the storm comes in and it may either rise or fall.
1759  Alternate cryptocurrencies / Speculation (Altcoins) / Re: AI Coins Speculation on: June 08, 2023, 04:05:09 PM
Let's see, AI coins is very hype right now.
it is very likely that the hype in this coin will survive for a very long time (IMO) because the room for AI to develop is still very wide.
If we looked in the reality right now there so many people have been helped by ai products/services such as chat gpt and others.

We are even yet to get started with the use of this AI everyone is talking about and trending on the internet everywhere, we are still under the developmental stage, there are alot of test runnings going beneath on the uses and areas where this could be best applicable, there are many newly introduced cryptocurrencies these days which have come across to showcase interest under the cover of AI advancement in cryptocurrency but not all are genuine for now since we are just about getting started.
1760  Alternate cryptocurrencies / Altcoin Discussion / Re: Beginners Should Avoid Leveraged Tokens Trading on: June 08, 2023, 03:58:36 PM
My first time to see that if there was someone who using leverage token as investment. Have you read what's the purpose from the leverage token before? I think that if you were reading it so well and you will not be ended in a loss.

Leverage token is far risky compared with futures trade but both can make you lose your money.

Maybe some don't actually know what it entails further more before they badge into it, trading on itself has its own demands and risk while those that go on leverage trading do not have a good understanding of some of these conditions attached because they will not have the opportunity to make any readjustment while reading than to embrace the outcome that comes in after the trading, there's nothing to leverage on when trading than to get yourself the readiness for it right before you start trading.
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