Recession is coming and we know it. In some places it is staring us right in the face. Unemployment, rising cost of living, increasing food prices, falling stocks etc are some of the negative effects associated with recession. Despite this seemingly bad news, Warren Buffet said “In short, bad news is an investor’s best friend”. And another quote by someone goes thus "millionaires are made during a recession". I have been recently laid-off work due to the recent economic crisis in my country. I do not want to see this as a bad thing. So I ask what hidden opportunities does this recession offer? How can one take opportunity of the recession to become rich or at least not go broke? For people who have been saving funds before they lose their jobs, that would even open some door of opportunities like investing in crypto or in real assets that would likely to gain huge profits in the future. But for some who are less fortunate and who only depend their income from their jobs with no extra savings, one might hardly to recover and might stuck being broke for long time. The reason why we should not just depend on one single source of income, have a side job too so that when recession comes, and you lose your main job, you will still surely survive and won’t end up being broken. |
|
|
|
Years pass, cycles pass, but nothing changes.  I wonder how much longer it will take for people to realize that low prices are a CHANCE to buy, not some kind of disappointment. Instead of taking this chance, they are burying bitcoin. Instead of taking profits or enjoying an increase in the value of their assets, they start buying. They buy at the top of the market, and then they say that bitcoin is a pyramid scheme and a scam. Now I am talking to some people IRL, who are also interested in cryptocurrencies. I ask: Have you already bought bitcoin? Answer: No. I'll wait until he recovers. The best time to build wealth in the market is definitely not on a bullish season but it’s always on a market being bearish. As they’ve said, this is the best entry so you can maximize your expected profits when the market turns already into bullish. But this is what newbies are thinking. Instead, they come in the market when everything is good and profitable expecting that the price of bitcoin will eventually go further. And when the price suddenly crash, they end up panic selling and blame bitcoin for their huge losses. If that will always be the mindset of new investors, they cannot expect to get rich with bitcoin. |
|
|
|
First of all let's keep in mind that in gambling there are not real techniques like in games of luck which we play for example,dice,roulette and slots.There is no real strategy or technique that can increase our chances dramatically.
Having said that I am a slot player and will leave my "technique" here which is choose a game provider that gives more often than other providers the bonus round and also has an hit frequency of 35% or up,this way you will play longer and have more chances to win.In certain casinos this can also be useful for upgrading to the next level and unlock rewards faster.
To be honest, I only gamble for entertainment purposes and never to earn a living so I never have special techniques to follow nor to adopt to increase the chances of winning. But of course, I always hope for the best and see myself winning regardless if the game is luck based or not. However, if we can chose to play in casinos that offer more promotions and bonuses, that will be better so we can be more enthusiastic to gamble even if it’s for fun. |
|
|
|
How did you find this bookie/casino? I think I've never heard about this site before, I did a quick look the site but I dont see it as a good site. Some people post a link of their review in trustpilot, although I dont use trustpilot because I dont trust them but I think if there are many similar complaints about long waiting of withdrawal, it is a warn for others to stay away. By the way, why do you want to know about them? Are you interested to use this site or do you have any other reason?
This site is also new to me, and I don’t take risks engaging in new sites as far as money is concern. However, if you heard that withdrawals take a lot of days in order to claim it, then definitely its a red flag for all gamblers. You should never trust those type of sites, instead go for those reputable sports bookies listed here in the gambling boards. That way, you time and money won’t go into waste. |
|
|
|
I will answer when I hit big  ,but yeah my dream is to win big in the beginning,of course when we win a lot of money as they say "money makes you look smarter,prettier,bolder and everything better than without money". I try to build this dream every week but so far I have always failed miserably and most likely I will continue to do so for some time to come,winning huge is something that happens extremely rarely and usually not to people who are asking for it but to lucky ones. Well, you only get to win huge amount of money of course if you also bet a large amount, otherwise you will only see small winnings if you are just a small wager. But to be honest, if I win big, these will be my target: 1. Save for my children’s education 2. Buy a house 3. Invest in bitcoin 4. Treat my family, my parents and siblings 5. Donate a portion of money to charity |
|
|
|
You can when you won a huge amount
There's a discussion here of a guy who won a huge amount but added that he is quitting gambling is it really possible, anyone here have done quitting after winning a huge amount
You can when you lose a huge amount
This is the most popular reason to quit have you done this only to come back
You can anytime you want
Do you have the power to do it anytime that you want.
You have to when you're wife tells you to
I know a lot of guys who quit gambling for good after their wives tell them to, do you know of someone, or at one time you are one of them.
Let's discuss this and thank you for participating.
You can actually quit anytime you want because you are responsible of your own life so you have to pick choices that you think will benefit yourself and not the other people around. Although gambling is still a choice, but quitting from it is also a good choice especially if you think gambling has never been entertaining at all and all you’ve got are just losses and frustrations. Just quit and engage yourself into other profitable things like investing and trading. |
|
|
|
The Winner Takes It All by ABBA.
i don't see it having difference whether there is background music or not. but i'd write it anyway because when it comes to gambling this song always comes in my mind. losing more money is like no more ace to play. this is kind of a gamblers song actually when you read the message on the lyrics. not all sort of a love song.
I have often listened to this song but i never realized it was all for gambling. But anyway, I definitely love this song and some other songs of ABBA not only when I gamble but even when i’m into reminiscing moments. Because most likely, when I gamble I want to hear the songs of 1980’s and 1990’s hits like Scorpions and Cinderella. They just keep me going with gambling. |
|
|
|
I decided to bet big today on allen orland made around 1500 usd in profit today. On a fight. Knew for sure he is gonna win. Last week i made 9000 dollar in accideny. I. Hugd profit decide to quit gambling until 2023. Here proof that im real man and i won: https://www.loom.com/share/d2ca1feee9c44509a7b12ecfad85936bFirst, congratulation on your win it sure is a reason to celebrate and brag about it, but I doubt you are going to quit, the temptation to continue playing or bet in the future like a week or month from now is very tempting, you will always remember your winning and once you see a fight or a game that you think will give you a chance to win I'm sure you're going to go for it, never say never I read and heard it a thousand times before. You maybe have a good luck on winning such a huge amount, congrats. But if you say quitting from gambling completely, that will be very hard to do if are used to be a gambler since you will always be tempted to bet again every time you see chances to make good profits. However, quitting is also a choice. You can chose to never go gambling at all once you have already committed to it and you already have found something that will steal your time and attention. |
|
|
|
Commenting on the general topic of whether it is possible to cheat in a televised game, i would say that cheating is possible anywhere, the whole decision lies on the player to decide whether to cheat or not, and the state of the surrounding is what will cause the player whether to cheat or not.
Even football players cheat in the middle of a match if the y get the chance, not minding the hundreds of thousands of viewers present there and those watching through televised means.
So indeed, that a poker table is televised does not in any way deter players from cheating if they get the chance to, it all depends on morals and ethics of the players individually.
Once a cheater, most probably, in all games you will really find good timing to cheat, regardless if the game is televised or not. Because that is already running in your mind, so you find some means to make it happen. However, if he or she is a responsible player, the that player will always do the right thing, the one that will not ruin his/her own reputation in gambling. After all, cheating is a choice, it can be totally stopped if you chose to continue it for more chances of winning illegally. |
|
|
|
...What do you really think of the lottery company and is there any chance for them to winning the case and not paying the winner?
I think attacking the winner and accusing him of irregular activities is just their way of saving face. The lottery company tried to compromise and asked to pay the winner with a lesser amount. That alone should tell us that they know they did something wrong or that their system was messed up. Let's leave the result of the case to the court. If the lottery company has its valid reasons and that the player has bet illegally, then the court will favor them. But if the court find out that the lottery itself has done something that is against the rules, then it’s a clear manifestation that the lottery company is not performing legally, so they should be given proper sanction on it and might be even force to closure once proven guilty. However, the player has also the right to claim his huge winning after the lottery company has proven guilty. |
|
|
|
A crypto casino or crypto gambling refers to using your cryptocurrency at a casino. In crypto gambling, digital money, such as cryptocurrency, is used as a betting medium. You can use cryptocurrencies to deposit money into your gambling account and to withdraw money in cryptocurrencies.
Top Five Cryptocurrency Gambling site for this year according to Men's Journal
1. BitStarz
2. mBitCasino
3. CloudBet
4. 7bit Casino
5. Fortune Jack
What do you think the best gambling site ? Let's talk about it
I cannot give the best gambling site since we have different experiences on playing from that certain casino sites. For me, it may work but maybe for others, these sites were really not impressive at all. So most likely, each of us has our own preference when it comes to gambling, and the one best for your might not be very good and reliable for me. Although what you’ve mentioned are good OP, but I find other casino sites more reliable and reputable than them. |
|
|
|
That's ideal but maybe it depends on each casino's policy and if the casino really wants to reveal the identity of the person who won big, the casino should ask the winner first. And if the winner feels that it is not necessary, the casino should not disclose it to the public and only provide the letters of the winner's name or lottery number.
Perhaps if the winner feels that this could put him at risk by revealing his identity, he can file a complaint with his casino and if necessary, he can try to seek recourse to the courts. But it's best to resolve it amicably because this is between the winner and the casino.
The winner might file a complaint but I think that will be not necessary at all since it will only waste a lot of money and time. They can always settle it more privately than going in a court which will only bring hassle on each part. However, the casino should never go against with the privacy of the winner too, they should always respect it for the safety and security of the player. And I think whenever you are playing in reputable casinos, they are also responsible on following the rules and policies between the casino and the player. |
|
|
|
Another reason I could add there is "you'd have less chances of getting infected with covid" since thousands of cases are still being reported in several countries and even though we have solutions it's better to go play online than to risk getting the virus.
I agree, health and safety guaranteed indeed. If you can't stop yourself to gamble, the best option is to stay at home and just gamble with those crypto casinos that you know and you're good doing it while at home. The covid virus is still there and unlikely to be eradicated and will be with us until it becomes a normal flu and there's already a vast number of medicine that can easily cure it. Obviously, we can never get rid of these viruses any more because when one virus is gone, the other variant comes in. So it’s better just to stay at home and just enjoy gambling at your own pace with safety and high comfortability. Although some still prefer land based casinos especially now that new normal is here, but I believe your health concerns is more precious and definitely greater than the profits you’ll be getting out from gambling. |
|
|
|
I do absolutely believe that Elon Musk has a major role in the price of Bitcoin reaching $100k. His social media presence and influence is proof that when he sends out a couple of Tweets people pay attention.
People also saw the price of Tesla stocks rising creating more believers and reaching more followers. His role in the crypto market has a huge impact on many of his followers that invest in Tesla.
When Elon Musk rumored that Tesla would accept Bitcoin as a means of purchasing, it was the moment I believe catapulted him in front of a new and broader audience.
Elon Musk will always be an effective crypto influencer regardless of how the people see him negatively. He’s intelligent, smart and definitely wise in all of his decisions. So it’s not surprising why even just from a single move from Elon, or just simply making a tweet about bitcoin, bitcoin price instantly create a good price increase, and most particularly with Tesla news to accept bitcoin in the past. Elon Musk though not completely good for bitcoin maybe because of his hidden desires, but it’s undeniable that he can easily create a hype for bitcoin effortlessly. |
|
|
|
Any coin that survives this bear market will do well come the bull season
That’s the main point that many should focus on . But sadly no major altcoin other than ETH seems to be surviving. When the big boss Bitcoin is struggling, how can these even move up in the graph? People are afraid to buy Bitcoins in this bear market, so definitely they might have forgotten the altcoins. Nevertheless we should keep a watch on the top 10 coins at coinmarketcap. These coins have great marketcap and will definitely rise in the next bull run. Let’s hope for positivity in every aspects. Even most of the top 10 coins in the marketcap cannot give us an assurance that they will always be profitable and reach their new ATH when bull run comes. So probably, let’s just focus more on bitcoin and ethereum for long term hodling as they will eventually skyrocket again when bullish market is here. Although we can always invest with the rest of the coins but never expect too much price increase from them as they will just follow whatever the path of bitcoin takes. |
|
|
|
How long can you hold it in an investment for? If its money you don't need then it's better to invest then not but if you don't have much in assets you might be able to invest it elsewhere and get a more stable return (as crypto is still emerging imo).
You can expect from your $100 to be double or triple once you take the risk investing in bitcoin, but we can’t tell when it’s gonna happen. So if you are not eager to make profits and you’re planning it to invest in long term, then investing in bitcoin can be a perfect choice. However, if you will be needing your money in a short period of time, I guess crypto investment will not fit for you. Go find some stable investment that will guarantee fast profits so you can use your money anytime. |
|
|
|
That's just my thoughts. Maybe by 2024, unless all hell breaks loose.
It's hard to imagine how bitcoin will reach $300k by 2024. I mean what kind of investors or news will be the catalyst for it to soar that high. There are no signs yet of global adoption and government are still skeptic about considering it as an asset. Breaking its current ATH at $69k is what I think probable to happen on the next bull cycle. Although bitcoin is full of surprises, but I don’t see it happing soon for bitcoin price to reach $300k. Breaking previous ATH of course will be very possible like even reaching $100k, but higher than that may only mean that we are already close to global adoption. Although it’s still possible, but not as early as 2024. |
|
|
|
Price is a very important parameter of bitcoin which can satisfy its purpose. So both goes hand in hand and shouldn't have less priority above another. An electronic peer to peer cash system is fine, but unless a price tag is attached, what you will transact and how you will determine value? Without a price tag, it's simply impossible to transfer value using bitcoin. So price is very important factor which can satisfy its purpose of become and store of value. Nothing else will!
I believe no one would likely to invest in bitcoin in the first place without its high price and high returns as people are more greedy in nature. However, not all people think like that because when you come to know bitcoin well and its purpose in the blockchain technology, you will discover that bitcoin is the future not only for its own high value but definitely of it’s own purpose. But if bitcoin’s price and purpose will go hand in hand, I guess that will be much better as it’s going to meet the satisfaction needed by the people. |
|
|
|
Yeah but people must aware despite the fact that if bitcoin is still doing sideway and downfall can come anytime just like when bitcoin was dropping below 19k. People must not feel scared for that but newbies will be continue to panic sell their tokens.
It can be seen from how many coins got negative result once bitcoin was only dropping around 1 percents which doesn't even make sense to see that.
Because many people don't understand how the market works. The big players never buy at the top of the market or during the ATH, but instead lock in profits. Newcomers do the opposite. Big players always buy during panic sales and actively use a hoarding strategy. Beginners do the opposite, they maximize their selling during sell-offs and buy nothing. This psychology works in all financial markets. That’s probably the main reason why people leave suddenly from the market with a heavy heart due to big losses. Since they don’t understand the market well, then they also mistakenly invest in projects that are never reputable at all and have never proven their significance over a period of time. While good projects continue to surge high and create good prices, these weak projects will always bound to fall. Although some good projects have chances to fall in the future too, but most likely it’s the unreliable and weak projects that do not survive for long. |
|
|
|
It's not news that specialization in a particular area brings out a lot of quality in people's works. But do you guys think that a newbie should focus on developing a niche to thrive in or diversify his/her interests as much as possible
I think you should follow your interests and what interests you. Each of the forum members is different and is interested in a different aspect of the crypto industry. Are you more interested in technology, business, or maybe you just want to meet crypto enthusiasts from your local area? Only you know the answer to these questions, and accordingly you will choose the part of the forum that suits your interests. Personally, I believe that investments should be diversified, not personal interests No one can follow all areas and be an expert in everything. No one may be doing something without the interest on it. So definitely, there should be high interest and focus on the things that keep you growing. Like in crypto forum, if you think you are good in gambling discussion, then go for it because that will develop you skills in gambling too. However, if I were to suggest, once you enter the forum, you should be knowledgeable in all aspects of the forum, like in bitcoin discussion, trading discussion, or even in gambling discussion. That way, whatever task you are given, you will never be left behind. |
|
|
|
|
Show Posts
