Ignorance makes gamblers to fall into KYC problem. They can win big, they should expect KYC to be mandatory before they can withdraw. If you check even no KYC exchanges, you will noticed that all of them have certain limit that they will not require KYC, but if the withdrawal limit is exceeded, KYC is required. I think this is always well stated in the terms of service of the gambling sites which are trustworthy.

If the gambling site is a trustworthy site and people do not have much complain about KYC document rejection, the reason I think verification can fail is because of what you have said already, especially if the document is not clear enough to proof the identity of the person. It is not only low light that can result to that because some documents are not quality enough and the ID document becomes no more clear like before and becoming fade.

There is a reason a gambler is addicted, that is what that you should tackle. Most addicts are seeing gambling as a way to get weekly or monthly income, while some can be addicted because they have nothing special that they are doing and getting themselves idle. You should let an addict know that gambling is not a way to get weekly or monthly income unless he is fooling himself. If it is because of idleness, he should get things he will be doing. There are real life examples that you can let him see, people that gambling make their lives turn into something they do not want. Gambling is good in moderation, but addiction is very bad and can turn someone's life into something not good at all.

I am a gamblers and I am a trader. This is my experience:

Trading can take all your money, just like gambling. Trading can take more of your time like or more than gambling. As gambling is addictive, trading is also addictive.

You just have to discipline yourself in both and use the amount of money that you can afford to lose to gamble or trade.

A gambler can correct his mistake after losses, but gambling is luck and using just little amount of money that you can afford to lose. Some people will trade and continue to lose too, just like in gambling, it may even be more.

Both are risky, both require different approach too.

But there are many traders that are gamblers, I mean they think that they are trading, but they know nothing. Also there are many with ignorance. Many of them calling themselves traders are losing too.

Also use the money that you can afford to lose to gamble.

Also in trading

I too prefer trading than gambling because the possibility of making money is more in trading than gambling. Trading also require skills like you said before and if planned well, profit can become reality, but people should know that trading can be as dangerous as or more dangerous than gambling.

Bitcoin is not gambling, only what it requires is speculation, but some people do not learn about bitcoin price history and speculation but they just want to invest, more especially during bull run when they fomo.

Most altcoins are gambling.

If you need proof that bitcoin is not gambling, I can give you detailed analysis about it as it seems more to be a store of value over long term period.

If you are a good gambler, you need to discipline yourself. Discipline is very important for you not to lose more than you are expecting. This has happened to me in gambling before, but it is just an addiction which you have known and need to stop doing.

In life, do away with greed, learn how to control your emotion and completely discipline yourself.

Gambling is for fun for people that just make it fun and entertaining. But if you think you want to make money from gambling, that is when it would become something very difficult and it can lead to money loss. All I can say is that people should take gambling as something fun and nothing more. Just use small amount of money for it, an amount of money that you can afford to lose.

I was just like you when I was addicted, but I was using lower amount of money if compared with the amount that you are using. Not that low, high for me. I did always went all in and I may see 20x in return, but at one point, I will fail and be broke again in depression.

Take gambling as fun and use little amount of money to win little instead which is better.

It is not even only about how decentralized bitcoin is, bitcoin is also an investment, but fiat is an asset that will make your money value to continue to decrease. What a certain amount of fiat can buy this year, it can no more buy it in the next five years. Saving fiat is like government is scamming you.

Did you mean better than? I will say so, but also very expensive. Apple Vision Pro cost $3500 which is more than expensive. But it is the best that I have seen. According to the review I have watched before it is eyes sensitive. If you look at apps on the vision pro, the app will detect that as it increases in size, and if you want to click on the app, only what you need to do is to touch your thumb with your fore finger and it will click. Apps and everything is controlled by your eyes and your fingers. It would be of nice experience, but the battery is not strong and it is too expensive. Some VR devices are requires you to connect to PC or console though, while Oculus VR like Quest or Meta Quest 2 last 2 to 3 hours after fully charged.

According to two YouTube videos that I watched after the Apple Vision Pro was released, they said people should take note that it can only last two hours after it is fully charged. Some people may want to track their gambling activities like in sport betting, this can not much be of any help. But it would be of good experience for casino users.

With what I learn about it too, only apple apps are still there for now. With time developers will have app there too. Likely it is using a different OS that is not iOS and macOS. But for gambling sites to have apps for it, it will take time. But if there is web browser, it can be used to access gambling site on it easily.

Another thing is that wearing this for long may not be that comfortable at all.

Also isolating yourself to do things on this thing may be kind of weird for people around you.

According to what I have read before, he admitted that bitcoin is not a security but a commodity. Ether and others is what he is calling securities. I think he is right about is stance because cryptocurrencies are securities but bitcoin among them is very different and remain to be a commodity.

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.

The first thing you should know is that it is using a low leverage.

No one can know his strategy unless you know him and ask him about it.

But you can always have your own strategies and move towards the one that favour you the most.

Risk management, using low leverage, learn more about indicators, controlling your emotion and to be discipline are part of trading strategy, but there is more to it.

The government wants to control everybody, but the government are using the exchanges to do the control, unlike using noncustodial wallet which gives you the control.

Are those altcoins not securities? They are securities. United States SEC have rules for securities. Binance should also follow the regulatory rules for not to fall into problem with regulators.

BBTC means Binance Wrapped BTC.

From the name, you will know that it was created by Binance. But no other BTC is safe except bitcoin. WBTC and BBTC are not even bitcoin (BTC) because they are altcoins. Trust only bitcoin (BTC).

Do not use the money you need for other things on gambling. Do not disappoint your parent by using the money they gave you to pay for school for gambling. Just use the amount that you can afford to lose to gamble and you will not feel remorseful if you lose. But if you lose a big amount of money, or the money meant for your parent or relative to gamble and you can not lay back, that can make you feel more than remorseful because you will be depressed and be looking for ways to get the money back.

Try and read it again because I made some corrections. Also let me be more practical about it:

Bitcoin at $25000

For long/buy
You open a limit order at $25010 (above $25000). The order will be filled immediately
You open a limit order at $24990 (below $25000). The order will not be filled. If the market price of bitcoin gets to or drop below below $24990, your order will be filled.

For short/sell
You open a limit order at $24990. Bitcoin at market price of $25000. The order will be filled immediately
You open a limit order at $25010. Bitcoin price at $25000. The order will not be filled. If bitcoin increase above $25010, your order will be filled.

I hope you will understand it better this way.

It is even harder to explain than using it while trading, once you start to trade you will notice how simple it is.

I will advice you to be careful of trading derivatives, because leveraging is very risky. Trading itself is very risky, not to talk of future trading which is far riskier.

Let me use bitcoin at market price of $25000 as an example.


If you go long or buy

If you set the limit order price above $25000, it would be filled immediately. It simply means you buy at higher price which will make your order to be filled at the market price. Which means it is a market order but you only just used limit order for it.

On the other hand, if you place the limit order price at below $25000. That is a limit order and your are a market maker. If the market price of bitcoin drops below $25000 (below the price your set), your order would be filled. But if the bitcoin market price did not drop to or below the price you set, your order will not be filled.


If you go short or sell

If you set the limit order price below $25000, it would be filled immediately. It simply means you sell at lower price which will make your order to be filled at the market price. Which means it is a market order but you only just used limit order for it.

On the other hand, if you place the limit order price at above $25000, the order will not be filled immediately. That is a limit order. If the market price of bitcoin increase to or above the price you set, your order would be filled. But if the bitcoin market price did not increase above the price that you set, your order will not be filled.

For this not to confuse you, you can trade with $1 on most exchanges with higher leverage. Just for testing, do not use leverage because it is dangerous than given profit.

Even if bitcoin make it up to $30000, that does not mean that it would not be another resistant price, bitcoin has not been going beyond $30000. Its last highest price I remember is $31000. I was thinking bitcoin will make it up to $34000 - $37000 before any big drop again, but it started to drop at $31000 and not going beyond that price. It is very possible that $30000 may be the big resistant price until halving, no nobody yet knows.

Noncustodial wallet means their is no other person that controls the wallet but you. Where am I going to withdraw from if government ban crypto trading when I have the complete control over my noncustodial wallet? It is not an exchange and it is not a custodial wallet.

Because government wants to ban crypto trading, I do not think gambling will come my mind at all than I am gambling before, to just use little amount of money to gamble.

My bitcoin will stay on my noncustodial wallet and I am going to move fully to a decentralized exchange like bisq

Anyone that have such decision is a fool because government banning crypto is entirely different from how gambling is legal. It has no connection that will make the person to think of sending all his coins to a gambling site, which is a big mistake.