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Instead of requiring them to do so, wishgivers could give you fiat if they want to so and you'd simply put in into bitcoin investment. It is the same with them paying through this technology. First of all congratulations to you for having the most beautiful gift in your life and can feel how much happy you must be at this time.It is really good thought to save for your children at an early age so they have something with them when they grow up to aid them financially.We give them lot of gifts but these things are on which we should focus more along with the gifts.By the time he will be 18 the btc will surely be in very profitable stage if everything goes in favour as can't say anything with surety but yes it's right decision you have made as a parent.
This can be considered a kind of investment that parents adopt and not an investment that their children will adopt at a later time. In my opinion, it is good to adopt this type of investment in order for our children to benefit from it when they grow up, but this is not guaranteed that the children will benefit directly from it, as they may not be enthusiastic about this type of investment or any other type. And since the parents are the ones who will keep the private keys, they will be able to change their minds if the opposite is proven. This is why on the time that your child is on the right age then it would really be just right that you should really tell them about crypto.This should really be told on the proper time on which his mind is already that prepared on accepting on things which are the current trend as of this moment or into those future years to come.Just like the rest been saying that this investment would really be that useless if your child would really be selling those coins on the time that they do able to held those.This is why self awareness and learning do plays a crucial part on this one on how it would be ended up. This means that the investment is made by parents in a kind of bet that this investment will benefit their children and that their children will not underestimate the issue and will consider it their own investment. In a simpler sense, this may be a type of investment that will be offered to parents to engage in. Every investment is a bet or gamble. And every investment is ofcourse ideally to benefit the certain individual in long run. But given that it is investment we are talking about, no certainty is there and this is a given idea in this technology as well as with other investment industries. I actually see this as a normal way to invest except for the idea that the babu is used in such way. |
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- Can you pay your Mortgage with Bitcoin?
- Can you pay your house rent with Bitcoin?
- Can you pay all your bills with Bitcoin?
- Can you pay your medical bills with Bitcoin?
These are only possible if Bitcoin would be regulated under governments of a certain country. Unless, the function you are trying to do could be altered in such way. Perhaps with paying your bills using Bitcoin. If the shop would accept Bitcoin as an alternative mode of payment then it is possible but expect for high fees and this cannot be avoided in countries wherein this technology is not that supported. Tendency is that merchant are happened to be investors as well of cryptocurrency and they will just be taking advantage of the opportunity but will not allow to be paid less than their ideal in every transaction. They would more likely put an interest to the normal billing and that is to compensate fees in withdrawing their funds through fiat. This is the downside of this possibility of accepting Bitcoin and other crypto as a mode of payment on countries wherein it is not that supported. Same experience is what I had in my country. |
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In what way? Profit? In order to start you'll need capital and since we are talking about poverty how will that even be possible? Ofcourse there are ways to work for profit in crypto industry but you'd be needing device, internet connection, and knowledge which I think countries suffering from poverty are somehow lacking. To think that this industry could cure the long term problem is absurd. Indeed this industry is profitable but think of the people around you; not everyone is an investor for a reason. It could be because they are aware or afraid of risk because they cannot afford losing or because they don't have that amount for them to put into risk. Proverty is a long term issue and technology won't be able to resolve it, alone.
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Depends on how they deliver their story. If it is pure biases then non-investors won't even be encouraged to do so. Many people nowadays are aware of the risks involved in this industry. There are even FUDs regarding this technology's downfall. Bitcoin stories are meant to persuade people to be investors of cryptocurrencies, in this industry. I'd be more encouraged with ways how an investor managed the risks of doing so because it will simply give me the idea on how to lessen tendencies of losing money. I think the best rule is not to tell anyone about your successes,happiness loves silence.I can only be happy for those who share their successes in public and receive interesting information and tips on how they were able to achieve success in our industry.I think that everything is still ahead of me,slowly but surely.
Well there are times silence is the best option in order to avoid bad things to escalate. But thay depends on the person around you. If you are seeing potential of them seeking profitable investment, then opening up this technology would be a good idea for them to have more options on their interest. But if the individual has no knowledge of how this industry works, guilt is more likely to be felt on your end as sharer. Especially once they suffer from losses. |
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Never heard of such thing which seems like an insurance. Gambling is gambling, no one is liable for your losses but yourself alone. Taxes on the other hand is more likely tobe done on your winnings and also if your gambling platform is registered under government agencies. But if it is in cryptocurrency industry, this would be impossible. It is often a win or lose situation for gamblers. I don't think there are taxes on net loss from gambling/trading. Even in my country they have applied taxes on income from crypto.
So this means if there is no income then there are no taxes. So yes, a solid track record of bet history should be enough evidence to disclose the losses.
Besides that, if there is no profit then how would they tax you without knowing the amount of profits you have made.
This sounds more of an insurance than taxation alone. Why would they tax you if you already lost? that would be twice your loss if that's the case. Even with other fields such as businesses, taxes are only made with gains unless it is a registered establishment, which is what I am pointing above. |
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Traditional street gambling game you should say? These are common gambling activities you'd grow up if in places wherein such activity is dominant. But on my experience dominant card games on streets are card related gambling games simply because it is more accessible. Regarding online platform, it is part of technological advancements; a matter as well of adapting with changes. Most of the people nowadays are more into online activities and with this, activities we often do on the actual or real life instances also moved into the web. Other examples are mailing. But not to get far from the topic; regardless of the platform the activity itself is entertaining as long as you are able to manage the risks in gambling, it won't be stressful. Managing risk is simply managing gambling behavior.
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In the long run, you can not win the house. The chance you can be lucky and win big to become rich will always be less than 1% while in long time, the house will always be the winner.
Just as it has been advised several times, gamble for just fun.
AI projects has nothing to do with gambling. Yes, it can answer our queries in gambling but it won’t give us guarantees to win in gambling. It’s still on our own luck actually when we gamble, and if we think we can beat the house, that will never happen. The house will never let us win all the time, as gambling is purely designed to put the house as having the most advantage over the gamblers themselves. The house won't and cannot simply allow players to have something on their advantage to win most of the time 'coz it would be loss on the house's edge. Also, the goal is not to beat the house but to jist win. Even if an individual player win the jackpot, think of how many players are losing and that simply proves that the house will always win. Regarding AI Projects, there's now ay it would be breaching winning bets to help players. And if there are any, the house will make sure that it won't be allowed by blocking the app itself to not be used against them. AI projects has nothing to do with gambling. Yes, it can answer our queries in gambling but it won’t give us guarantees to win in gambling. It’s still on our own luck actually when we gamble, and if we think we can beat the house, that will never happen. The house will never let us win all the time, as gambling is purely designed to put the house as having the most advantage over the gamblers themselves.
So, I agree. maybe Al can answer our questions about anything, including gambling. in fact, Al is always a hot topic of conversation wherever it is. but in fact, artificial intelligence technology is enabled to help us in facilitating our activities as humans. but again, AI's function was not designed for gambling, not even to beat the house. Let's just say that Al can be used as a prediction, but every result will not guarantee a win. moreover, if it is intended to predict a football match which in fact football cannot be predicted accurately. because, there are no exact calculations that can predict the outcome of a match. although, based on statistical data though. so either way, it's all down to luck. Tips from AL projects are just random and with no certainty. The knowledge on these applications are simply limited on its creator and that is an enough reason to say that these AI projects do not know everything in this industry. It is one's luck indeed but it would be better to just rely on your own hunch to lessen the regets when losing. |
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The thing here I guess is to not limit oneself in gambling alone. Also, some of the big names in gambling industry,both online and land based, has their own business in the first place which gives or allow then to have a huge capital to bet, which also somehow gives them a bigger opportunity for bigger bets and bigger peofit. But indeed luck would be the bottomline but a large capital would allow a player to extend their luck in some way, especially if risk would be managed, and for sure we all know this. Problem for other rich individuals why they end up on the ground is not finding other way to earn or sustain their capital and only waiting for their big time win in this industry which will never be certain. There really are good gamblers that when they've won such amounts, they also manage to keep their money. If most gamblers are like them, we won't hear stories about gamblers having their lives turn into a misery.
Again with the concept; losing will always be a part of the game. It is the way how a plaer would manage factors or the risks which will result to a more efficient winning. These 'winners' for sure have suffered from huge losses before, but the way they handle their losses is why they are in such place at the present. |
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Simply because its market value is dependent with demand and demand can be influenced by many factors. In such way that demand is changing because of factors, it reflects to the market price of Bitcoin and also other cryptos. This have been asked countless times but volatility itself is not something to be understood by anyone especially new ones in this industry. I think not only bitcoin, like currency trading, stocks, bonds and others are also very sensitive to economic news because it will affect demand in the market resulting in price volatility. The SVB incident certainly makes investors doubt the continuity of financial management at banks and of course has an impact on fiat currency confidence, and its position here if I mean we are in the phase of looking for the best financial system, and indirectly this can be called a war of the two systems finance.
if the fiat bank crashes then the profit is bitcoin because investors' trust will return to bitcoin.
I agree, all investments and assets are having volatile market value. Or should I say anything in the market or any industry that market prices are dependent with demand. Determinant of the market price is demand and supply, also volume. As long as these determinants are being affected, expect changes as well with their market value. The answer to the question about the impact of economic events on bitcoin is quite simple - now traders who trade on regular exchanges and on cryptocurrency exchanges are practically the same persons. Big capital has been coming into the cryptocurrency world for a long time, and it has brought its own rules of the game.
Not all traders in this industry are traders of stock market, I assume. Also, it is not only economic events which affect the market price of any asset. |
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I bought a $14.55 bitcoin a few days ago when it was at 22k. Again Bitcoin came to 19k. However, I did not sell bitcoins. I was convinced that the price of Bitcoin would rise again. I buy $50 worth of bitcoins again. Got some profit on this small investment. Looking at Bitcoin 24k today. I will keep it for a long time and will not sell it now. I think at some point bitcoin will pump a lot
Since I can't invest more dollars, I don't have that much money. Still will invest as much as possible.
From small investments you will gradually start investing more at a time. As you are a new investor it is better to start investing with small profit in your initial state. and you will never lose faith by investing. Of course, there is no risk of losing money when investing in Bitcoin. so you can earn more profit than you invest in bitcoins later. so you invest in Bitcoin and in future you can earn reputation as a successful investor. Who said investing in bitcoins has no risk of loss, you will lose your money if you trade the bitcoins you have, that is the right answer in my opinion for that. you won't lose any money in bitcoins if you don't sell them long term. as a beginner it is very dangerous to trade bitcoin in the near future. if you don't want to lose your bitcoins and your money in bitcoins you must hold your bitcoins long term 5-10 years to take your expected profit. so in essence if you want to profit in investing in bitcoin you have to hold it in the long term. Trade can result in the loss of bitcoins, and if you store your bitcoins incorrectly, your bitcoins will be hacked or stolen by others. Also, bitcoin is still a risky investment, there is no evidence that it will increase in price or will continue to exist in the future. But that's bitcoin, the higher the risk, the higher the return. We are aware of all that;volatility, hacking incidents, lack of assurance and such risks. But why do people still engage with this technology? Because they are really down to take the risk in order to gain profit and there's nothing wrong with that but since there are uncertainties of things, then as long as you can endure investment loss, then that would atleast be fine to continue. Likewise with OP; he has nothing much to invest but he still did it. Simply because of his desire to earn profit. No matter how big or small your investment is, if you cannot be firm with the decision then this industry won't be on your side likewise with the other way around. Profit is profit no matter its size is. |
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Regarding non-paying referral rewards or bonuses, I think it does depend on the gambling platform. Some are really paying but only those whoch are realistic such as discounts with the next deposit, percentage discount and the likes. But I really doubt especially with those which are giving withdrawable credits. It would be more realistic that credits will be given but will be needed to be used on the platform itself to generate winnings. So to sum it up, not all reward bonuses are nonsense, you just have to find the right one. For sure there are other requirements for a gambler to withdraw their referral bonus but some are really paying. Jist don't expect too much. The house won't allow losses due to promotion.
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Good investment still but crucial entry with these coins is a must. Meme tokens are simply and solely dependent with the demand given that there is no utility. Therefore, waiting for a clear trend line in the market and to these coins' chart is required if you are aiming for them. Unlike with other cryptos having large blockchains, meme tokens' market price changes a lot which generates higher risk as an investment but if you would manage to catch and analyze their hype, then for sure profit would be bigger given that they have higher rate of increase in terms of their market value and especially when there is a rally. Meme coins are not investment tools because they are just coins that are only created out of hype creating conditions where they go up very quickly and are slowly discarded.
We must be aware that the word investment cannot be used immediately for everyone because indeed when we see the condition of coins like this it is just like gambling where we hope that the meme coins we have will be pumped.
These are not sound investments regardless so there is no need to ask whether they are good or not because the answer is obvious.
It is an investment then. What makes an investment a thing is the tendency for it to generate profit and that is also a characteristic possesed by meme tokens, but just having a more complicated pattern unlike with other assets you can choose from.But that does not make it less of an investment. |
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The notable win of John Ryder is against Daniel Jacobs, and maybe he caught Jacobs at the tail end of his career, and prior to that he lost to Callum Smith, in which Canelo beat already, and he doesn't have a good KO % as well.
And some bookies already listed him at 12:1 underdog against Alvarez.
Let's see what will be the other "good" betting options for this as obviously, Alvarez is going to be the overwhelming favorite.
His team knows how to pick the right fighter for a tune fight this is understandable because Canelo is coming from surgery and he may not be 100% to properly condition him he needs a low-level fighter like Ryder good for Canelo and Ryder but not good for the boxing community I think the odds at 12:1 underdog against Alvarez is far fetched guy is coming from good wins while Canelo from surgery, the guy still has a good chance, what a huge and record if Ryder can pull an upset who knows. But for sure this shouldn't be a disadvantage for Canelo. His management wouldn't want to end the career of their fighter for letting him fight in a bad condition. And I agree, Ryder could be more eager with this fight as it will give him a spotlight for future opportunities. I would still be betting with canelo this time simply because knowing him in the ring, he wouldn't allow things to just slip. John ryder is a good fighter as well especially with his previous fight but the stats itself could determine the winner of the fight even if anything could possibly happen in the ring. It is just experience to do its own thing with this one. Canelo is having an good run and that could be a drive for him to not let go of this. |
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This is more known in gambling industry as algorithm I think, which is the randomized 'pattern' of the outcomes which are evident with dice games, roulettes, and slots. I doubt that all casinos have no power with RNG,there is a tendency that some has. Actually we wouldn't know not unless you yourself have your own gambling platform. But to think of the tendency, if there is a way to break the 'code' with these patterns, many people should have been rich already because they could take advantage on knowing the result and they could bet for themselves. And casinos cannot allow this kind of breach because they'd be the one to pay right? Today, I am going to write briefly about the Random Number Generator(RGN) and its importance in online casinos. So basically, what the RNG does is to ensure that when we play our favoruite casino games, it creates random number, thereby ensuring that the result of every game are random and fair. No one would enjoy playing a game where they have no fair chance of winning. So, what is its mode of operation? If you play slots a lot you would have noticed that there are random symbols that appears on the reels. And when it does, it determines whether you have won some cents, a dollar, or more. There are complex algorithm that have generated the random symbols. The same thing applies to other online games too.
In the past, I used to think or believe that the random numbers generated were controlled by the owners of the online casinos. I was wrong. They have no control over it. Instead, there are companies that monitor it to ensure that the numbers generated are as random as they are. Imagine the manipulation and bias in the game results if online casinos had control over the RNG.
Personally, I feel that the RNG is the most important tool by which gamblers can measure an online casino's fairness, transparency, accountability, and honesty and that it operates in an ethical manner. For me this is the major role of the RNG in the online gambling industry.
As a gambler have you ever read up on how the RNG works in online casino games, or do you simply trust that it's functioning properly?
While the casino has no control over the RNG,some slot providers like Play n Go are giving them 3 changeable RTP the lowest one being 96.27,then about 92 the second one and the last near 84 percent,and that I know or not 100% sure but something along those lines can be configured to be played with.This is some sort of RNG manipulation also as by changing the RTP to the biggest one it means it will give less winning combinations and will get one's money faster than the lowest RTP and I think we have no idea how to verify which RTP the casino is using,sure they may say in the description that we are giving 96.27 the lowest edge but how do I know that they have not configured the game with almost 16 percent to favor the casino? Based on this I will switch to only games that have only one single RTP and I don't care about the high volatility,almost every good slot has it. This is what I am confused of. If they can adjust the RTP in favor to the house, why would it not be possible for them to manipulate it into some sort of its counterpart? Which could be more likely done by executive members of the casinos. |
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I was having a chat with a senior mentor in the financial sector and I asked him what advise he had for recent graduates, he said despite the high rate of unemployment, they should avoid a small margin business and instead acquire a skill or learn a trade where there is a reasonable profit margin. Because the effort you put into a small margin profit business if paired with acquiring a skill will pay more in the future. With the present economic outlook, do you think that this is a good advise?
Would be good if you have the capital,but how would you trade if you don't have it? You may ask for sponsors but how will they trust you? Let us face the fact that to most of the people a decent job should be prioritized first before engaging to investments and other assets. Pattern is; you will graduate and find a work, and afterwards seek for business or investment. Goal is to not work for your whole life and not to not work at all especially if you are less privileged. Whether high or low profit margin, check the necessity. We have different circumstances and not because something worked for them, same thing will happen on your end. |
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Know your intentions first. If you are into secured funds for a long period of time, putting it into bank would be a good idea. But if you are okay with taking risks in order to generate profit, putting your money into investments would be a better option. Storing your wealth on Bitcoin would be risky; Indeed for a long run the market price have increased but nothing is certain and consistent in this industry. You will not make any profit when you hold your money in banks, because the banks will charge you extra fees e.g. monthly charge, higher than the maximum withdrawal charge, send to other banks charge etc.
Charged fees are not most important things you must worry about when you use banks. They can be collapsed, bankrupted, insolvent as consequence of bank run and some bad capital management and your money in banks can go void anytime. That is a bigger matter than many fees bank can charge on you. It's a vital matter for your money, not big or small fee they charge on your account. Regarding bankruptcy, there's this agreement that a percentage of it would be returned by banks unlike with crypto wherein you would be only liable of what would happen on your assets. Fees and delays with withdrawals are the downside of banking and also taxes of ofcourse. But its edge over other digital assets such as cryptocurrency is for being widely used acrossed countries. Bottomline here is knowing what you are aiming for in a long run. |
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Gambling is for everyone. Not all gamblers in this industry are down to make huge bets, some are just here to enjoy even if they are a few. Ofcourse if you have strong intentions or desire to win, then you have to be of a bigger bettor, and a 'stronger' one. Losing will always be part of the game and battle will be between your endurance and luck. But why would a person want to make money by gambling? I thought everyone knew that gambling was for fun. How is it possible for someone to believe that money can be earned through luck? Although the house may have a small edge, it will be evident in numerous games and the total wagers.
Poker and some card games will be different because you are competing against other players, but there is also a part of them that requires luck.
As a result, I can conclude that gambling is not recommended for people who struggle with self-control because it can lead to addiction.
That is just how pwerful the concept of money is. Gambling involves money which creates high hopes for its plaers. Ofcourse gambling is meant to just pass the time but due to the involvement of money, things do change for those who are seeking for it. High chances that many plaers were here to have fun at first but eventually they will have an intention to win. Everyone wants to be rich. If exoectations won't be managed then that is where things could fall down in an instant. |
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Is street gambling safe?
Actually, this is an easy one and it all depends on the place and who you play with. Almost all of the streets here have people piling up to bet on games like blackjack, lucky nine, and baccarat. Fights actually broke out since the place where the games take place is only on the streets where there is actually no authorities like security guards or moderator for the games. One of my friends actually gets hospitalized because of his winning and he got on one of his opponent's heads after the game, his opponent and his companions hit him on his face with a baseball bat.
Does it prove that street gambling is not safe? Yes, it might but it all depends on the players. Will u play your bet with people you know are no good? No right? Maybe we can't really say until it happens but how about the chance that you can get yourself harmed, I'm not saying that don't play street games or don't bet on street gambling what I'm saying is please do choose who you play with wisely.
Spreading awareness is what at least we can do to help others, if ever you're watching some street games and you feel something's up call some authorities already because you might catch fire as well.
Fights could be avoided. The risk I see on street gambling is cheating issues with the 'house' or the one who facilitates. Their hands are too fast to notice but they are putting tricks in order to come up with winning. My friend tried playing on a street based gambling game which seem to be a dice game. He was allowed to take trials and when it went smooth he engaged with bets and surprisingly, he did not even win once unlike with his trials wherein he did not even lose. Game of luck? I doubt, there is for sure something in it maybe some sort of a trick. Well, this is not to generalize but if you are unfamiliar with that street in particular, then I suggest avoid putting your money into it. |
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Guys I need experienced help from someone who has already bet on these bookies.
I'm curious about your experiences with them because I've heard a lot of negative comments about how they lock accounts, steal money, ask for a mountain of documents that are impossible to get and therefore you can't withdraw money from the account. I've read a lot of ugly comments about them, but I'm interested in who can honestly tell me with experience how you fared with those bookmakers?
They are in the list:
22 bet
megapari
uberlucky
Nope, but that's likely because I've stuck with mostly mainstream, fiat currency and the biggest gambling sites in the past. However that is an important thing that you have to learn to gauge yourself - how big is the site or app. If you end up on some small, obscure site with broken or copied text, few games, struggle to find much info online about it and cannot find help from places like the support system, it is a very bad sign. In general, big sites are much less likely to scam you simply because they make so much money just from running an honest and upfront gambling site. It's bad for business for them to rip customers off, so unless you intentionally abuse them like trying to sign up for multiple accounts, you're never going to "get robbed" by them. The list is not familiar to most of the gamblers. This is why if you have not much of knowledge in this industry, much better if you would engage with mainstream gambling platforms or simply sites with reputation in this industry 'coz they won't be in such recognition for nothing. There are many gambling platforms exiisting in online gambling industry but not all would be worthy engaging yourselves with. Most of the nrw ones are worrisome. Which is why sticking with the popular and old ones would be always a better idea especially if you are just here to make casual betting behavior. New sites are only catchy simply because of huge bonuses they offer but if that would be an exchange to less of a worry, then I'm fine with lower promotions and such. |
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