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I would say that both of these coins are pretty good and we should invest in both of them proportionately.
Currently I am holding more of SOL and less of MATIC but over time I am planning to increase my bag of MATIC.
It has shown some nice gains and is a worthy competitor and can turn out to be multibagger.
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The thing is that even if gambling is banned in any country there will still be people hosting gambling activities.
So in a way, gambling cannot be banned completely so why not just regulate it in a way that people are restricted from gambling too much.
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Is it possible that we can run our household expenses with gambling ?
I am asking for those people who don't have any skill or job ?
Whatever the circumstances may be but I can guarantee that gambling cannot run a household and it can't be done for a living. Income from gambling is unsustainable and temporary. On top of that if it is done by someone who doesn't have any skill or job then it would be very tough for him to survive. Anyone can do serving as a waiter at restaurants which doesn't require any major skills. But still it is considered as a decent job than a person who is not having any job. So why not do a stable job to run a household rather than utilizing the money on gambling. |
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It seems like that those TVL was coming from people who believe if there will be another fork coin to come soon. As i seen from some sources if there was possibility for the new ethereum will come in the next fork which was around mid of september. It seems like those people were doing preparation for such event. I can't even deny that if i have some ethereum as well but using it in the ethereum decentralized application is too risky for now with so many dapps being hacked and stolen by hacker.
Some ETH miners are unhappy that the mining of this coin will soon stop and declare that they will fork so that mining can continue. However, this market already has Ethereum Classic (ETC), which continues to use the PoW algorithm and mining. Therefore, creating another similar fork would be redundant. We look forward to September 19, when the ethereum mainnet merge is scheduled, to look at the results of the biennial update. That is why, apparently, the price of this coin has been growing in the last month. I hope that this trend will continue in the future. You are probably right because even ETC has seen some significant gains in the past few weeks. May be there are people who want to switch over to ETC or may be there are people who want to continue with the fork since it will give them additional coins on the other chain. |
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There are two points in this post that I do not agree with you. The good old days are ICO already over and all goods projects get funded by Private Investors nowadays. It is very hard to find any good project. The best place to determine the kind of projects that are coming up can be checked on the Bounty Board. Use Cases
I only look for projects that have use cases in the cryptocurrency ecosystem. I have seen many real word projects either dying out or being unable to sustain for the long term. That's a good idea actually. We don't know how good coins with real world use cases might perform but we can actually get a really good insight for the coins with crypto ecosystem usecase. For instance using DOT for cross chain interoperability is quite a unique idea. Non Repeated
There are several successful projects which are nothing but an upgraded version of an existing project. They have been very successful. It all depends on how effective a project is and whether is it able to solve the pain area. Again, that's very true. Even I have noticed projects which are a better version of existing projects. They performed really well when compared to previous projects. We just have to find out how the project is making the same thing better. |
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There should be some motive or agenda behind the conference. It can't just be a conference to learn how to make transactions.
Any can find that information within a few clicks. Youtube has so many videos already.
But the idea of a conference is good but something more should be added to it.
For instance, an idea, on how bitcoin can be used to collect donations for a natural disaster occured.
Using a multi sig wallet to hold the funds with one of the top reputable and trusted people for the disaster relief fund.
Just an example, it can be anything else but should be more than just learning how to make transactions.
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Dont you think it really depends on how much you gamble already. If your gambling addiction is high then may be your girl is right.
You should probably listen to her for good but if you gamble within your limits then there's no harm in it.
You can try to make her understand and even then if she wants you to quit then quit.
Relations should be the priority over gambling.
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Most of the times these so called streamers are being paid by respective casinos to promote their casino.
It's their joint effort to show that the streamer is making massive profits while in reality most of us lose money.
It's a strategy being used by many companies and works out well. As a user we have to be aware and only gamble within our budget.
Yeah, streamers playing on casino accounts and might have a fixed game to show users watching the stream know what happened when they win, the thrill behind it. Full of manipulate so I have a very bad view of any casino being advertised by streamers. I don't even think so. It's not that streamers promoting the casino will always be a bad thing but yeah seeing how easy those scammers got max win will make people feel curious about what if they will get that max win. Maxwin was not an easy thing to be achieved and it's pure depend on our luck. I think that in this case it's not casino's fault. It's people's choice whether they wanna try that or not. You are saying that you are okay if the casino is trying to fake it out by hiring a streamer for their promotion and advertisement. Casinos are basically cheating the users since what they promote doesn't really happen when we gamble at their site. |
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Most of the times these so called streamers are being paid by respective casinos to promote their casino.
It's their joint effort to show that the streamer is making massive profits while in reality most of us lose money.
It's a strategy being used by many companies and works out well. As a user we have to be aware and only gamble within our budget.
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Uh, what if not? Yeah, it can be true, but having a respond from bc.game that there's nothing they can do where they have everything the reason to tell the user what term was violated. Well, as long as OP never posted the chat logs then people will just speculate.
That's it, no one can tell. If you're on the casino's feet you'll do that kind of assessment, but likely on their side they just want to prevent cheating on their own platform. I don't think the chat logs would make any difference if the damage has already been done. In such cases, its the user that is at fault since bc.game is a reputed site and won't do such acts without any valid reason. Besides that since OP hasn't provided much info after he posted this thread it gives an edge to the casino. May be OP cant back up his claims hence became inactive. |
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The site looks very basic and is not at all intuitive. It should be more specific and have more info in it.
As a user we can't understand much by visiting the site. I think OP should accumulate all the info provided in this thread and attach it to the site.
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They say that a trader can make money in a bull market as well as in a bear market if he executes his trades right.
So from that perspective it doesn't really matter if the market is going bullish or bearish because the right ones will make their profits anyway.
The thing is that the bull market is not only a time traders do trading , both the bull market and the bear market are meant for traders to make trade, during the bearish market their are no much profit and the market can be difficult for some people, but some experience trader with good trading skill can still scale through in the bear market. because indeed when the bear market comes we will still see the assets that make the pump. we often see some assets bounce off during a dump. like making a small pump before finally repairing it again. especially with futures trading. I think all traders can still benefit from any conditions. What is clear is that we must be aware of the risks. I have heard from many people and witnessed this fact myself that bear markets give bigger profits in short selling. This is because the candles are big and volatility is high. So the returns get bigger during a crash. But as we all know, it's not for everyone to make money in highly volatile market conditions. |
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Right on point. I think people should search the history before diving into the crypto world. Talking about the so called initial NFT offering people shouldn't forget how the ICO era ended. Lots of shit projects emerged in the ICO era only to have a tragic ending. The same will happen with INO as well. They might start good but there are lots of shit projects already. Most of the INO projects will fail abruptly. that's not surprising, the essence of all these trends is the same, the fact that they've just been renamed and nothing new or different, "old wine in a new bottle" everything is a temporary trend in the market and it will go bad quickly so be the first or you should stay away from them all, as everything will fail in the end. Shouldn't be more like "new wine in old bottle" since older the wine the better it tastes. But anyway, point being that all these ICO, ITO, IEO, INO etc... are all same shit different trend. I have pretty much missed all of them and never became early to invest in it. But I am happy not to lose money in these so called offerings. |
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I'm a young professional, starting working a year ago, and so far I've been placing 20% of my monthly salary into crypto (only crypto).
I understand that it's risky, and would like to save in other ways too. But then whenever I start deciding ...
- savings account offers 0.65% APR, meaning I'd be saving liquidity but also Losing due to inflation.
- traditional markets have less fluctuation but are risky anyway, so may as well stick to BTC and ETH no?
- can't think of any other investment type that yields more than 10% py. Enough to cover inflation.
Any suggestions that could help change my mind?
Or are all you deep into crypto only, like myself ?
Thanks!
Crypto is just so tempting that our mind makes us invest in crypto whenever we think of an investment. I have put most of my investment in crypto but also some I have tried to diversify by putting some amount into stocks. Last year I made a little investment in land just so that I can diversify more and I think gold and bonds are some lucrative investments too. |
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So there's basically nothing to do ? Either take the risk of stable coins or the banks ?
As you worried about the central entity will freeze your money, this mean you're not good enough to believe anything that centralized. I would recommended to use decentralized stable coin e.g. DAI. This thread shines some light on DAI but it also says that even DAI has different risks to be considered. Sometimes it is the country's laws that mandates such things, sometimes it is tax evasion, sometimes it is just the number of transactions and their sizes that raise some red flags and sometimes they are sending or receiving money to places that raise red flags leading to the bank suspending their accounts.
Based on his post, it seems he come from India where the government often ban and unban Bitcoin so easy like flip a coin. Your choice is good if you live on a country that doesn't did Bitcoin legality drama, but it isn't a good choice for him. Yeah that's right but as pooya87 mentioned it's not with all the banks and all the customers. I think the best thing to do would be to diversify in a way where we can hold stable coins, hold some in fiat etc.. At least it would diversify the risks. |
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I was just browsing across threads related to stable coins and found this one. This is a wonderful post.
So to conclude that the options for stable coins are too slim and still are risky.
I wanted to know which stable coin should I be holding when there comes a need to sell my coins to buy them back later.
But holding stable coins for a long time will put me at more risk. We can exchange the coins to fiat money but then there's the hassle of withdrawing to banks.
At the same time, there are times when the banks can freeze our account too in case of suspicious activities.
I have read cases where crypto holders' bank accounts had been frozen in my country.
So there's basically nothing to do ? Either take the risk of stable coins or the banks ?
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Right on point. I think people should search the history before diving into the crypto world. Talking about the so called initial NFT offering people shouldn't forget how the ICO era ended. Lots of shit projects emerged in the ICO era only to have a tragic ending. The same will happen with INO as well. They might start good but there are lots of shit projects already. Most of the INO projects will fail abruptly. |
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They say that a trader can make money in a bull market as well as in a bear market if he executes his trades right.
So from that perspective it doesn't really matter if the market is going bullish or bearish because the right ones will make their profits anyway.
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I know there's a lot of day traders in stocks, and I've heard some do it in crypto ( although most do it at a loss ) so I'm wondering if realistically you can do a profitable trade in crypto.
Let's take a real example.
In this mini rally we're having, I've noticed Illuvium is one of the few tokens that is in the red( less than 1% on the daily when this was posted )
1 ILV is $119 on my CEX... but the sell price is $116 and the buy price is $123
Doing a simple trade using USDC to buy one ILV token would cost me $10.40 in ETH Fees on EXODUS. If I was doing it from my CEX, it would probably be cheaper, but I'd end up paying just as much ( sometimes way more ) if I want to take my new ILV token and deposit it in a hardware wallet. So either way, even if I buy ILV and it makes me a 15% gain in less than 24 hours, I barely break even !
So how do I make a profit ? Do I need to buy 30 ILV to maximize my gains ? Or is there any other way ?
There's basically no point of day trading when you say that the fees would cost you around 9% of the trade. The volatility of cryptocurrencies is good for day trading but you will have to move to another platform like binance. So that you don't have to pay such a huge fees. You can target for 3% to 5% gains where the fees is around 0.2% on binance. |
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Gambling sites with no promotion, giveaways, and any kind of bonuses are also having huge bankroll as per the stats so the priority on the list is the trust as I said but these bonus, events and others are just contributing for making the people to deposit more money than they actually planned to do.
For a player to actually make a deposit on the gambling site they have to offer some kind of promotion or bonus. This attracts new players to make a deposit on the site and then gradually they tend to use the site on regular basis. So basically that is what derives the trust on the site. We can say that promotions, giveaways and bonuses are first step to building trust on the site. |
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