You don't know the owner, but what makes you sure to deposit bitcoin to exchange?.
what makes you sure that your Bitcoin arrived safely and was not taken away by the owner?
I always thought that,
same as banks, I don't want to save it for long time, because banks often go bankrupt, and the owner run overseas.
This is why its never been ideal on keeping your coins on exchangers for too long, we cant really be able to tell on what would gonna happen in the future. We arent that dumb and fool not to see those exchange issues that we do have in the past on which some of them had closed their doors, stealing up their users funds and ran way and there are some which faces up regulation issues on which it did really result into losing up money or been locked up or you can really make a withdraw with your assets which the only thing that you can do is to wait up on what would be their decisions. This is why if you do bother yourself just because of the fees on making those withdrawals then it is really just that worth on having that way rather than on putting up all the risks on the line with your coins which you would really be having the plans on making these exchanges as your main wallet which is really that a bullshit idea. |
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Criticism
Criticism towards gambling persists,
I'll be focusing into this one on which it is really that something that do persist but it would really be on certain communities or even we do speak about religious aspect or area on which
gambling does have this kind of impression that it is really that a bad thing which we know that it is mixed with some part of truth but not totally 100%. We do know that gambling is for fun
and the only mistake on which people do end up on bad things is that they do really that engage that much into it on which it is really that resulting into devastation of their lives
on which it would really be the only side on where people would be seeing and not actually trying out to learn on where it did begin. Everything would really be rooted up
and basing on what are the decisions you had made, whether you had tolerated such addiction or simply ignore until things becomes worst.
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Yes. Gambling is completely different from trading since trading will make you more profits and able to grow them more but in gambling, the more you decide to gamble more, the more you become susceptible to losing. And while trading follows certain skills and strategies in the market, gambling do not have any of them. As long as you have luck, you can always gamble and end up winning or losing your capital.
Right. Trading and gambling may have their own individual risk, but it’s clear that when you trade with high knowledge and skills, you will have bigger chances to win your trades and gain significant amount of profits. But if you trade simply because you need quick money without even getting aware on how the crypto market works, no experience at all, certainly you are seeing trading as a form of gambling. That way, you are letting yourself to lose your money than to create a good amount of income. Leisure time is totally different from investment or simply trading when it comes to risks in between worlds. Yes, risks is there but the level and the way on someone would really be dealing with it could be able to differentiate in between risks. Its something that could really be able to compare because there are various factors which would really be affecting it out overall. Different things does need up different approaches on which if you do gamble then you should do it for fun, but if you are making some trading then you should do it like its an investment or business which you would really be needing to be serious or having that approach into it. On the time that you would be able to realize both things then you wouldnt really be finding yourself fall into those wrong doings since you are aware on how to deal each one of them. This is the most important that you should really be needing to put up into your mind. |
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Besides the obvious risks associated to investing in an altcoin. It catches my attention that you do not gamble in that platform, it would be useful for you as an investor to keep yourself updated with the new features Rollbit could add through time, since that could affect the value of the token and then your investment.
They could be planning new things and features for their tokens and since you do not engage on there, you may not know soon enough to decide to sell and take profits or buy more in your position.
I agree with this answer. It's crucial to stay updated with any new features or developments that Rollbit might introduce, as these could impact the value of the token and your investment. Engaging with the platform and its community can give you valuable insights into the potential growth and utility of the token. If invest in crypto, I would also advise diversifying your investments and not putting all your eggs in one basket, especially when it comes to high-risk investments like altcoins and gambling platforms. This is the best thing we can do since getting some updates with them and frequently engaging on their community can help us get the latest news about their future development, nor we can also know if there's a problem might occur. But we can say Rollbit is a good platform but we are not sure about its future especially on their tokens so I guess adding up their token for long term hold posses huge risk but who knows if they succeed more for sure it will also reflect to their tokens so maybe there's something great will happen on it. This risk taker game so best to do our own diligence upon investing. Success would surely reflects out on what they've been currently doing or something that in talks about updates and further developments on which it would might cause up some more increase into its value.If you are an avid fan of this platform or simply being a gambler then most likely you would be holding some RLB but of course its up to you whether you would really be having that huge stash of it because you do really believe or having the trust that it would really be shooting up its price in the future. It would be all accordingly on what are the things that they do currently have or simply being attached when it comes into its reputation and popularity. It all matters on risks taking since not all would really be that having the consideration on touching up things which they arent that preferring in the first place. They might be playing on the platform but doesnt mean that they would be buying RLB. |
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For several days now my friend has been asking me for some advice. Telling me that he wants to invest some of his money, telling me where to invest it. My friend works in a private company and he has saved some money from there. With that money they went into business in a four person partnership, initially he made some profit in the business then he suffered some financial loss. My friend knows that I am involved with Bitcoin. He got some ideas about Bitcoin from me. So he wants to invest money in Bitcoin. I didn't tell him anything about the risk of investing. Since he wants to invest, should I advise him to invest?
On the time that your friend approaches you to invest and since you havent explained to him about risks then better you have to, make him/her aware about the risks of losing money because this isnt a market which would be guaranteeing profits or something that would be talking about this would be a sure back up plan specially to those who get bankrupt. This isnt a viable option i would say because we know that in crypto space on which everything is still that unpredictable and there's no way that we could be able to tell on where it would be going. If your friend do pushes you on investing then better not to make assurance so that you wont really be getting blamed in the end of the line. Dont make out some assurances and tell him about on making in depth research and studies about the pros and cons of it. |
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I've taken a few deposit bonuses from betchain.com over the years and beat their wager requirement a few times. I'm not sure what % of the time I beat the wager, but it's not impossible.
In general, I agree with you that taking bonuses on a deposit is in favor of the casinos. I do however think taking a bonus on a small amount to test a casino isn't a bad idea. Not trying to think you're going to win bit or anything, but just tossing $50 in the trash and getting their deposit match to let you test more games. If you decide you like a platform, then you can make a normal deposit and reject a bonus.
Thats if you do have that kind of thinking and budget allocation or funding your gambling account just for the sake of income making and seeing those bonuses to be that a huge advantage then you would 100% f*cking up yourself in the end and would be banging up your head into the wall on which you would really be having regrets on what have you done. Throwing out some $50 bucks or less or more then it would really be just that a good amount on testing out the site. You wouldn't really be stressing out yourself on trying to get that wagering requirement. it would really be removing the real essence of entertainment on the time that you are already get stressed just because you are minding about on withdrawing which it is really not that something that would be good when you do play.This is why its always important that you should know about those deposit terms, they wont really be putting those things without having such rules. |
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Every time we get some news based on crypto currency.So the news was the cause of the rise in price or fall of the price.The prediction of bitcoin price by various traders and sharing on forum also affect the price of bitcoin in the market.The demand in the bitcoin in the market will also had some effect of the bitcoin price.Some call of trading signals also become a cause for price change in certain coin.
Yes, the significance of these type of news do really make out some effects on the market now which unlike before on which it doesnt really make out some effect but now everytime we do see that there's some news which is really that connected to Bitcoin or some crypto then it do make out some effect and on the time comes on which the effect would really be having that domino effect. This is why people most of the time would really be making out such step on placing their positions on the time that the market would be making out some correction. This is where FA would be kicking in as an investor or trader then you would really be seeing this situation to be that relevant for you to make such action. Its hard and unpredictable because just like been said by other members here that not all the time the market would really be having that kind of reaction. This is why its not still an assurance or being sure that it would be making effect. This is where risk taking would take place because not all would really be having the same mindset and actions would be taking. |
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In my opinion, holding is a simple strategy that is effective and easy, we don't have anything to do other than just waiting, if we do other activities such as work or doing business, of course holding in a few years won't be a problem and profitable.
I can't totally agree with you. Holding is not a simple strategy. If you invest in any coin you have to watch the coin and then invest. If you make the wrong decision and invest and wait, you won't make a profit. So I think think before you invest. Choose the right currency and you will be successful. And if you make a mistake, you will lose money. it depends on what investment and also I think holding is not an easy thing to do especially for people who are urgent for money and also have excessive fear, maybe if you say it will be easy, just wait but it's not easy to do. it is true that every investment must be studied first, therefore it is very important to choose the type of investment and also learn many things about it, in the crypto market not all coins have a bright future. I only agree if holding a top coin like BTC for a long time, because the possibility of future profits is quite large after seeing what happened in the past I think no one doubts it anymore. There are really moments on which it would really be causing for you to sell early which is on the following; 1. Emotionally impulsive 2. Emergency or need of funds 3. Getting affected on what other people been saying 4. Scared for your investment to go 0. 5. Planning on cutting losses and saving up at least some part You would really be most likely be ending up on taking up such step on which you would really be cutting or selling on loss without even trying to mind or think about market recovery or totally realized losses compared if you do just holding up your position and let those negatives be taken back. If you do really have that trust towards on the project or coin you've been holding then you wouldnt really be making such easy decisions along the way. We arent that blind on not to see on whats the movement of this market which is really that very speculative and unpredictable. |
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It is true that landed property is use to secure generational wealth for a long term purposes for your bloodline to fall back at to avoid or collect tenancy rent to sustain the family.
Landed properties reminds me of a friend who spent a huge amount of money in building a tenant house but each time he remembers how much spent on the house, he keeps telling me that he regrets it, wishing that he never did. He would have use the money use in building the house, to invest in bitcoin or start up a business instead. By now he would have been swimming in millions than building a tenant house that will take him close to 10 years to recover the money back.
Some parents or grandparents would really be mindful about such stuff on which trying out to leave on something on their sons/daughts or grandchildrens and that is why they are really that eager when it comes on buying land properties but of course it would really be just for those family or people who are wealthy and financially capable on doing this, knowing that these type of investments is really that not something cheap or simply its really that expensive but i do agree on some points on here that success would really be varying on where these lands or places been located. Whether it would really be something that strategic or simply just way too far off on potential development site. This is why whenever you do make out decisions on buying land then you should really be having those considerations or criteria that would really be suiting out on the list. You cant just careless throws off some money on something it isnt clear. |
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^ That is why we are in trading, don't focus only on the profit because trading is not all about profit, it is also to learn knowledge while you are trading. Because by investing in your knowledge, developing effective trading strategies, and staying disciplined, you can increase your chances of success in the trading world. It is very important for trading as a skill that requires continuous learning and adaptation, rather than relying solely on luck or chance as in gambling. So, therefore, trading without knowledge is gambling. I confirm your statement, but it is practiced by many traders. I am sure there are many traders who do not have a good knowledge of how the crypto market works and they only hope to profit from the volatility of its prices. They have learned, but they can't make an analysis so they always expect someone else to tell them which asset to choose. Almost the same as gambling because it relies solely on luck. Yes. Both are actually relying on luck, but trading is more than that since you can’t expect a successful trade if you are not making a good market analysis and you are not knowledgeable and skillful in your trading career. Otherwise, you will fall trading into gambling. Gambling on the other hand, is solely relying on luck and chances, and regardless if you are a newbie, you can make life changing profits once you are extra lucky, or you can lose them all in an instant just like even long time gamblers experienced. Luck is we do really need to have whether on gambling or trading but to the extent about in leveling with the risks then gambling would really be needing more than with trading. We know that once we do deal up with trading then you would really be normally be needing to make out some analysis so that you would really be able to make out some good trades which it would really be lessening out the risks via making those analysis and research of course on which it would really be that sensible for someone who do trade on doing such thing rather than on making up some positions without having those kind of steps or considerations which it would really be automatically considered to be gambling in the first place. It is really just a difference when it comes to risks levels and according on what level it would be having then this is where you would really be needing to adjust. It is really just not that hard to find out its main differences because you could actually see it on point. |
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Next year will be my first bull run and have just been thinking about what will be best to do when it finally arrives next year.
Do you plan on just holding till an amount you are happy with or is it a good idea to try and trade altcoins whilst they are pumping to earn even more?
Im holding most altcoins and waiting for the bull run specially that most of them are really that on sale specially on last 2 years as far as i remember where there prices are really that in the floor. Those are the best time to accumulate because we do really have that 4 year cycle on this market on which lots of people been anticipating for that bull run which would happen on next year. Doesnt matter whether you would really be storing Bitcoin or altcoins as long you could really be able to make benefits on long term then that what really counts. There are really those people who are really that skeptical on taking up some positions on the time that the market would really be having some correction.They dont really see this as an opportunity to bag more because they are really that emotionally been affected. Well we are just humans on which there are really times which we are really that in hindrance. |
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Individuals who are addicted to gambling or have a gambling problem are like that because they see gambling as one of the ways to make money. To turn $100 to $1000. This is the underlying cause. When you compare the people are are addicted to gambling and those who are not, you will find out that the later have a different perspective about gambling. To quit gambling you need a change of perspective. Start following financial gurus, start reading their books. That way you will be able to turn $100 to $1000 and then to $10000. It is as simple as that. Like they have said, what you focus on grows.
I don't know but I believed without proper hard work its going to be very hard to turn a 100$ buck to a thousands by just reading books of gurus and most definitely not an expectations from winning big in gambling. Gambling is an habit that should be enjoyed by placing bet on your favourite team or events just for pleasure purpose and nothing else. ^That is a good perspective when it comes to gambling activity. It should be gambling is primarily based on chance, and the odds are usually stacked against the player. Relying on gambling as a means to make money can lead to financial difficulties and potential addiction. It is advisable to approach gambling as a form of entertainment, where the main purpose is to enjoy the activity itself rather than expecting financial gains. Instead of relying on gambling or quick-fix solutions, I think it is generally more productive to focus on developing solid financial habits, such as budgeting, saving, and investing in legitimate and sustainable ways gambling should be if there is an extra fund for fun. Just make use of your own common sense and realistic approach when it comes to things around or in regarding with your actions on which it would really be that sensible if you do things which would really be beneficial into your life instead on being destructive. Who does really like on having a life on having a financial struggle? None right and this is where it is really just that right that you should be wise on taking decisions whether it would really be leading up that way or not. If you dont like to experience some financial hardships or struggles then you should really gamble in moderate manner and having that treatment that gambling is really just that for fun and not for income stream. There are really just that people who cant really be able to determine which one is really that good and which one is really that bad. |
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In summary when you have everything you need to survive and you don't need money, are you poor?
This is determined by the individual's point of view and how they perceive the world around them in general. We have people of various rank and classes whom they all belonged to. What a rich person views as poverty and being unable to purchase certain things is what an average man sees as being adequately wealthy. And what the average man owns and considers himself to be poor is also what the poor man considers to be adequately wealthy. It is a continuous process since all fingers are not equal. Everyone has a distinct definition of what it means to be wealthy or poor, and I believe that everyone's point of view should be respected because it deals with the economic responsibility and dependence of human life. Being poor is more commonly associated with lack of money, and to the layman, this should be the true definition of poverty. Yes, you are the ones who could find out whether you are on this situation or condition on which you do consider yourself on being poor. Literally speaking about poor is on living on a house which it isnt really that something that arrange or something you can really call it out specially you do find it out these houses under the bridges and other streets which they are way too small. The people living there does also have that lacking of personal needs and other living expenses specially on having a complete meal in a day which some people do really lack on that. In speaking about your own point of view then there are people who do see that they arent poor, it is really just that they dont really have the money on spending into something or really just that right for their day to day living . The important thing on here is that there's should be no discrimination in between rich and poor people. Poverty is a global problem on which even on 1st world countries on which there are still whose are poor. |
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I've seen several threads where people preach teaching bitcoin to kids and I've also seen threads where others talked about having some savings(investments) in bitcoin for their kids which is right.
Just as my topic reads, we should stop stressing kids with wanting them do things we didn't meet up doing and at some points getting them mentally stressed.
Please don't get me wrong because I'm typically not against teaching or maybe introducing bitcoin to your kids but I'm on the opinion that rather than bother them with this complicated digital asset (bitcoin) knowing fully well that no matter how much knowledge we have about it, if we don't have the money to buy, then we'll certainly miss out, and judging from this, I don't think it's wise teaching them or wanting to force it on them when we know that they can't afford it.
I will suggest that, rather than bore them with the history of bitcoin, why not get a portfolio for them and keep investing in it and watch it grow with them and when they're of age, then you can practically show them the needful.
I want to know if there are people who also share same opinion with me and please lets just discuss rather than argue
Everything does really have its right time when it comes on dealing up with things specially into kids on which their young minds couldn't really be able to cope up on learning up something which their parents might really be that telling or teaching them on their younger years on which it is true that it is somewhat that stressful. There's a particular in life on which they would be asking out about on whats money? for sure they would really be that get curious and what it is and on this time then i would say that it would be the sweetest spot on teaching them about fiat and at the same time you would really be making out some introductions when it comes to cryptospace or Bitcoin itself. As a parent then you wouldnt really be that so dumb on being that forceful because we know that doing so would really be rather giving out that other effect than on what you had assumed. |
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If you understand more about this, this will be very good and will actually really help in many ways, especially for determining at what rate to set positions or what cryptos to take. but basically, understanding TA is not enough, we also have to understand better how to deal with various fundamental problems which are also quite important to understand. And TA will help you with many things in market analysis. .
But, not all people care about this and still willing to learn adn understand about something new to them. So, they may be able to analyze whatever the market. and
the truth is, most people here don't care about TA. they learned how to trade without this knowledge. as long as you know what you're dealing with, you can execute your order. but if you want to improve your trading profits, better learn some of these TAs, if you want to reduce your losses. Technical analysis is a very good feature in the trading market, but like said, most traders don't give a damn about it, but then again, we all must and know that, those traders who don't give a damn about technical analysis are the not so professional ones, any professional traders will never joke with technical analysis because it is from there we learn when to eventually buy or sell in the open market. it is very important for us to learn technical analysis especially in crypto currency which has high volatility, before I knew and studied technical analysis I clearly only followed Fomo and the results I could not make a difference in my life, and since I studied technical analysis I am grateful I can changed my life even I made a business in the real world. Having no knowledge about technical analysis is something that it isnt really that that complete because you cant just rely with news or fundamentals forever since we know that not all the time on which this market do really have those news on which you would really be needing to have that technical approach which is something that you would be realizing on how its relevant. Of course you would really be needing to know on how to make use of it and how to make out analysis out of it.Although it might not really that something you could really rely on because precision is never been known but somewhat it is really that relevant for you to have this kind of approach on things because price is way too unpredictable and there's no way that we could tell on where it would be going. Doesnt matter whether you do use TA or FA only or having both combinations as long if you do see this to be beneficial then it would really be your call on what you would gonna use. |
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The question is if you're a gambler or have someone who is, what's the best way to help out. And what's your story on escaping that addiction (gambling)...
How do you fight this battle?
The key to fighting or stopping addiction is if you no longer have money to gamble. Gambling addiction was my struggle before when I'm still new to crypto. I have a lot of sources of income which makes me free to gamble anytime that I want. I can't stop playing no matter how hard I want to stop back then so I decided to remove all the money from my wallet. I give all access to my bank account to my wife and then she just gave me spare money for gambling. Until now, The only money that I'm using for my gambling is my forum salary and some part of my crypto investment that is currently on my hardware wallet. It's very to fight it if you have all the available resources for it especially if you don't have much social life to redirect your focus out of gambling. I would blame not having enough social life as a distraction from gambling more than having enough resources, even if you have enough resources to keep gambling, if you have more things to keep yourself engaged, you won't gamble that much, but if you are always free and sitting at home, you will obviously be attracted towards things like video games or online casinos because you obviously need a way to pass your time. I understand that having a limited amount for gambling can prevent you from spending a lot of money on gambling, but getting addicted to gambling doesn't come only by having a lot of money, initially, you will start playing for a limited time, but as you get into the pleasure of winning, you start playing more and that causes you to become addicted gradually. It would all matter on how you would really be distracting up yourself when it comes to this situation, it doesnt really need that you would be having tons of works because having some other activities would already do its job.It is really just depending or basing up on someones will whether if they are really that serious when it comes on stopping gambling. We arent that dumb that we wont really be wary about our actions or the things that we've been doing. If you do tolerate out your own addiction then for sure you would be ending up on a mess but if you are really that get worried on spending up more or losing tons then you would really be just simply stop mid way. It is really just a matter of control and mind discipline because if you arent really good at it, then you would really be definitely be keeps on coming back and having that the same perception and treatment towards gambling. If you do want nor chase up wins or even your losses then for sure you would be ending up on a disaster instead. |
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We all know that it is impossible to predict the future of the crypto market. However, according to the current world economy, the market is still in a good position. Still, who knows if there is even any news or when this market will turn around again. According to the economy going down a bit too slowly can new investments be made at the moment.
As bitcoin lover, you must have been used to news that always have effect on the market and makes it turn down. This is something that is not avoidable and it happens from time to time. But that can’t still change the stance of bitcoin or making new investors not interested in it. New investors will come in, some only wait for the market to go down a bit so that they can enter the market to buy more. Research is paramount in bitcoin and if one does that, you won’t have any problem investing in bitcoin. News has an effect to investors like when news about Bitcoin is negative most investors will shy away from investing into Bitcoin thus resulting in lesser adoption activity. The news affect the sentiment of the market and at the same time the motivation of investors. Just like in the recent event. News about the cases filed by SEC to Binance US and Coinbase has negative effect on Bitcoin, we have seen that due to lesser investors coming into the Bitcoin market, there is less demand created thus we see Bitcoin price goes down. But the moment the news is overturn with positive news, we will see Bitcoin price uptrending because new investors are flocking into the Bitcoin market. Back in the past on which we know that fundamentals or news wont really be giving out much effect on crypto space but it turns out on these years on which it do really have that kind of significant effect on which it did really make the market go in deep reds as of this moment specially with that BInance/SEC issues that we do have recently. Most coins in the market are on huge negatives which lots had been really be worrying on their portfolio on which they do really believe that it is really that something that would make worst as the days passing by but we know that this isnt something that we could be able to stay up for long on which it would really be normal that it would really be having its cycle on which means that increasing price would really be the next move. Once you do step your foot into this market then really get used to it when it comes to market volatility on which this is something that very casual to happen. If you dont make yourself that familiar then for sure you would definitely be having that huge problem on accepting about volatility and unpredictability. |
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In 2021 i wrote an article on medium and created a YT tutorial on how to spot a memecoin project that will become something.
From that teaching, here are the two key factors to look out for.
1. Community:
It is community that gives speculative value to memecoin. So, the bigger and the cult-like a community is the better. It shows alot of the community will buy and create hype for the project.
2. Strategic Partnerships:
How is associated with the memecoin? If it's a notable influencer like Elon Musk, it'll moon.
Therefore in researching the next memecoin project to degen in, these factors should be your priority.
What other factors do you think influence memecoin projects?
Due to that kind of searching on which it ended up to be the main reason on why people would really be continuing on touching up degen and this is why lots had been scammed and lots of rug pulled projects are really that happening due to this. Knowing on the next PEPE? There's no way on knowing that, come to think on how PEPE started? Everything looks plain and it was been ignored and since it is really that playing on erc20 on which the gas fee is way too high then lots had ignoring it out but there are a few who do throw out some few bucks with that but eventually it did explode. No one really knows on what would happen on the future of a certain project, whether it would really be a meme coin or other layer type of coins or projects in the market. As long it would really be having that demand and some mix of hype then it would really be able to reach up some particular heights on which we didnt really expect for it to reach on. Everything comes with a surprise and ending up on regretting if you do missed it out.  |
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Loan Amount: 540 USDT (TRC20)
Loan Purpose: Personal
Loan Repay Amount: 595 USDT
Loan Repay Date: July 13
Type of Collateral: None
USDT addresss: TTJ4PnKuABQjTymdBEzhCkriNywjoz3zwK
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When you were able to make $1000 to $100k, surely it is possible for you to make $100k to $1000k. You need to follow the same process as that you did to make $1000 to $100k. The mistake from your side is going all in one. At some point you're looking for a much faster way to reach your dream target. This is where the loss is happening and you gonna start from the scratch once again. You're really a great one, because not everyone is able to make it happen out of sports betting.
He would be able to definitely be reaching out his target goal if he had really just that kind of discipline and wont really be that desperate on getting all in. He should had make use of that $1k to $100k kind of method on which if he would be that having the good control of his bankroll then he would definitely be able to reach out $1M in no time.It is really just it is really that amazing to see these numbers if they are actually that real when it comes to those results or outcomes. Its true that not all would really be that capable on doing such thing on making their thousand bucks into hundred thousands. This isnt something that you could be able to achieve on. It would really be just a matter of discipline and reconstructing on how he do spend up his bets and not really having that go all in kind of behavior. Getting over with it? Its a matter of self control and no one on this forum would be able to give out the best advice but you are the only ones who would find it for yourself. |
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