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July 13, 2024, 09:47:55 PM *
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21  Economy / Gambling discussion / Re: Can someone take gambling as a source of income to he/she life? on: June 13, 2024, 03:14:28 PM
It is entirely possible to make money from gambling similar to a professional income. And there really are players who are successful in the long term in gambling. However, it is worth mentioning that there are very few of them, apparently less than 1% of all players. This is such a small figure that gambling is a rather problematic form of permanent income. In order to do this, you need to have a significant competitive advantage over the bookmaker in sports betting or over players on betting exchanges. What is this advantage? I’m not writing here about risk management, it’s implied. In my opinion, the main advantage should be high-quality analytics.
It is possible to profit by winning from cash but regular winning from gambling is not possible due to which it can never be a source of income. People who gamble for fun have a net profit when they suddenly hit a big jackpot. But people who gamble for income always bet big with the intention of winning and winning big because of which they quickly end up losing a lot. so gambling can never be a regular source of income. and no one will be able to manage his life through gambling
22  Bitcoin / Bitcoin Discussion / Re: What will Bitcoin look like in the future? on: June 13, 2024, 03:00:28 PM
What is the future of Bitcoin?

We know where it was in 2009, where it is now (2024), but where is it going?

Will it make everyone free? Will it be regulated and become government controlled?
All normal and crazy theories please  Grin
Government can only regulate centralized exchanges and not bitcoin. This is because bitcoin is censorship resistance due to its decentralized nature, and nobody can control bitcoin core protocols. So if you have your bitcoin in your noncustodial wallet, just keep hodling because it is giving you financial freedom using it in a decentralized way.

It is only altcoins that can be regulated and controlled by the government if they want. With bitcoin, you are free and using it as a store of value/investment over a long time will give you more freedom from inflation.
Decentralized nothing can be controlled by the government.  The government can control the country's banks through the central bank and can see all the bank's transactions. But this is by no means possible in the case of Bitcoin. Bitcoin transactions can be completed completely anonymously.  Because of this, until now it is not possible to find out who created Bitcoin, how can a government regulate Bitcoin.
23  Economy / Trading Discussion / Re: Why are people getting scared to Trade on: June 12, 2024, 03:53:50 PM
The reason why you don’t see many people venturing into trading most especially the future trading is the fact that it actually needs two things. One is the substantial knowledge on technical analysis and fundamental analysis, and the other is capital. Trading is regarded as gambling by some and for you to earn from it you have to have your own capital to start off. Just like you said many of those people that venture into hunting for airdrops are those that do not have the capital or aren’t even ready to risk there funds into it, so they result in just investing alone
Although you can earn through trading, it is normal to be afraid here because if you panic and make a wrong decision, you will have to face a big loss. And talking about futures trading here is more high risk. If you make a wrong decision here, you will lose all your money like gambling.  Therefore, futures trading should not be done unless you have the ability to lose all of your trading budget. Because from here you can make high profit in less time but if the market goes in the opposite direction of your prediction then all your money will be converted into zero balance.  So you have to be very careful here and if you are not an expert in trading, it is not possible to make a profit by futurea trading.
24  Economy / Economics / Re: Insurance is important on: June 12, 2024, 03:18:09 PM
I want to have my own insurance (also for my family) but you see basic needs are more important for us to live our everyday life. I know it is important to have insurance especially if there are immediate emergency need to prioritize but it is not common for us in a third world country to have that privilege. Only with high salary or we can say atleast with a person who still not have his/her own family. In our country, this is not priorities nor have the campaign to teach this, so many of us
 are not aware about the importance of it in their future.

Life insurance is part of what we should place priority on especially our health insurance. Just like they say 'health is wealth', if ones health status is good, their is still a much hope for such person to be rich. In most case, people don't do insurance out of poverty but out of ignorance and adequate knowledge about it's important. If people really know it's important, I believe they will put priority on it just like we do for other things.
Insurance companies have expanded a lot now almost everyone is getting insurance especially health insurance and long term schemes.  Because insurance companies return money at a higher rate than banks.  Apart from this, there are many profitable insurances.  It can be seen again that fraudsters are deceiving many insurance companies by seeing people's interest in insurance, so you have to be careful about these things.  And you should have contract with the most popular insurance company in the country.
25  Economy / Gambling / Re: Stake.com - The Leading Crypto Casino - Drake, UFC, Everton, Stake F1 Team on: June 12, 2024, 02:32:17 PM
One question I have is that I play live blackjack games on this site but I have noticed many times that when everyone bet big amounts on the board the dealer gets 20/21 points even with risky cards.  How does it happen?  Can there be any tricks in giving cards here?  I don't understand if it depends on luck and random cards come.  I can see that they are giving random cards but I doubt that any technique works here.  Can someone clear this up for me.  I have lost good amount of money here now I am confused about it
It's not just happening to you; I experience that same thing often too. For sure not only us. This is why I don't play the originals by Stake much anymore. As much as possible I stick to sports betting. Actually, someone posted on the scam accusations board about something similar regarding the Original by Stake, implying there's some cheating involved. They say that originals are probably fair but when I'm playing these game it feels not probably fair.
Slots games are completely algorithm based so there is a lot of cheating because you are betting there to win and you are predicting that you will win that bet but you cannot understand or see what is happening in the backend of the game. so it is much higher risk. But those who enjoy gambling do not worry about win loss. But if we see that they are cheating us by using different tricks then it cannot be accepted. I still don't understand that they are cheating somehow. I think we lose gambling because of our bad luck
Stake is still a reputable casino site so i Don't think they can cheat with there customers. i also enjoy stake orginal game like blackjack I think they surf fair cards. Gambling depends on luck be it live games or slots games. So your win loss will depend on your luck. stake is a reputable casino site so you can't blame them for your losses. You have to take responsibility for it. And if you gamble, you have to take this risk. so don't be upset about it.
26  Economy / Gambling discussion / Re: Is gambling bad to the society? on: June 10, 2024, 09:06:49 AM
...
Society needs gambling as additional way to have fun. Society must change attitude to gambling from negative (stop reading and producing info how people only lose) to neutral (a way to have fun, but not a primary one).
I believe so but what we have seen is that it was not for making them fun or for their pastime, it has now become one of their necessities which has become a reason for their financial problem due to heavy addiction. In fact, in our place, many of them are in debt because of this and they are working hard, have some money, and gamble which is supposed for their basic needs. It is not helping anymore but it causes additional problems. They are not too young not to know how it ruins their life and needs education, they are supposed to realize it before the worst thing happens.

Society speaks against gambling because it causes financial loss.  And the incidence of its damage is very high.  Some can be completely ruined by gambling.  Because when you become addicted to gambling, even if you lose gambling, you don't hesitate to sell your valuables and invest in gambling.  It gives us a lot of peace of mind when gambling is limited to fun.  But when it turns into addiction, it becomes a cause of great loss for us.
27  Other / Off-topic / Re: Do you feel excited while gambling on: June 09, 2024, 10:43:12 AM
Honestly speaking as long as gambling is concerned you will always feel motivated when you are winning because while we are placing gambling bet is for us to win and once you're winning it gives you more joy because the main reason while we are playing gambling is to win and have fun, although when you feel bad in gambling is when you are losing, but winning always makes us to be more excited.
When we win during gambling, our interest in gambling increases. However, those who take gambling as a pleasure can enjoy both winning and losing in gambling. Because winning is not always the same as losing sometimes.  A lot can be learned and a lot of fun can be had. But gambling has very different rules. Everyone wants to win in gambling. But if for some reason the gambler loses, he tries hard to recover the lost.
28  Economy / Economics / Re: Take care of your money and learn to save. on: June 08, 2024, 09:12:41 PM
Savings doesn't guaranteed you becoming prosperous neither does it adds anything to your life, do you know that if you saved 10,000,000 today in 10 years time to come that money will be worthless due to inflation although it's not all problems it would solve but at least when the money finishes without any business then you are back to square one. The best is save money only for emergency funds or I be used in few months while salary keeps going into in business it could be bitcoin investment or any other landed properties to secure your future, it could be real estate or whatever you know that would generates money for you at a constant basis.
Savings can give you some financial support but since every country has a high rate of inflation every year, savings will not do you any good.  To do good you must go for investment.  Or to invest on any strong acid like land gold house property etc.  Then it will give you higher returns in future along with savings which will enable you to live a better life in your later age.  So I also want to say that savings is not a solution.  Investment is a good solution.  Because if you don't race you can never gain
29  Bitcoin / Bitcoin Discussion / Re: How to get a crypto asset? on: June 08, 2024, 09:08:43 PM
We are very sorry for your loss but crypto is decentralized once you lose them you can never get them back.  If you are keeping your crypto on a centralized platform you can recover them if you can recover the account on that platform.  But if you hold them in a decentralized wallet or platform at the time, you can never get them back unless you have the private key.  Since you are a web developer, you can earn crypto by selling your services on service boards.  Or can invest.  But be careful in investing
30  Alternate cryptocurrencies / Altcoin Discussion / Re: Ways to earn money (cryptocurrency) in 2024? on: June 06, 2024, 11:07:28 AM
What I know the current hypes in 2024 are:
1. Testnet airdrop
2. Meme coins
Probably I missed other hypes or if you know the another way of making money, feel free to comment. Wink
Airdrop is currently in a lot of hype so now it is possible to earn some income from airdrop. But if you want to invest in Meme Coin, you have to take a lot of risk.  Because its price is very low. And once it's crushed, it can't be pumped anymore. So don't invest in meme coin. But anyone can earn some free money from Airdrop. Because it is completely free, there is no risk here, but you have to collect the link from a trusted source, otherwise you may be a victim of hacking.
31  Economy / Gambling discussion / Re: How do you understand entertainment? on: June 06, 2024, 11:00:49 AM
I also think so, where entertainment is when you gamble just for fun and don't focus too much on getting rich from your gambling activities. Because in my personal opinion, when a gambler only focuses on getting rich from their gambling and forgets the fact that their chances of getting rich from it are not that high, then in the end they will be disappointed because they lose a lot just to get rich. So instead of having to stress and think too much about getting rich from gambling, I prefer to gamble for entertainment - but it's not that I don't want money from it, it's just that I'm not that focused on pursuing wealth from it.
Yes gambling is foolish to try to make a career or to become a big man gambling only for fun. There is a lot of entertainment to be had after winning at gambling but losing doesn't hurt much if the money is used only for fun.  However, I feel very guilty when I get a big win while gambling but continue to gamble and lose them again. Regrettably then, if the cashout was done at that time, a lot of profit could have been made. Then we don't have that entertainment
32  Economy / Trading Discussion / Re: When is the best time to trade a Bitcoin on: June 05, 2024, 04:50:39 PM
So for me in this situation you can buy your Bitcoin at day time and trade it at night when it adds
But it is very important to watch at it carefully.
I don't really agree if it really guarantees that you can make money when you buy at day time and sell it at night. The market is not supposed to go up when it's evening, you can barely see the chart and there's no evidence supporting on that because the price not always went up when it's evening. But I believe that it's good to trade in night time because there's huge volume.
When Bitcoin is less volatile, it is safer to trade with a small profit.  Trading is a risky business so holding long time rather than trading in a strong currency like Bitcoin is a good idea. It is possible to get good profit by trading coins other than Bitcoin but they are very risky.  So I think if risk is to be taken then risk should be taken where there is more profit.  Bitcoin should only be held in holdings.  Then it will give huge returns in future
33  Economy / Gambling discussion / Re: What about low odds in sports betting? on: June 05, 2024, 04:41:30 PM
I recently came across a discussion about low odds in sports betting. I never believed that using low odds in sports betting could lead to success. And I believed that the reason for this state of affairs was that one loss can cancel out many victories. For me, this seemed like something that did not require proof, until a man began to argue with me, who, according to him, had achieved success in sports betting and had been taking profits from bookmakers for a long period.
 His strategy is:
1. He selects matches with relatively low odds, the outcome of which is more or less clear. For example, when an experienced team plays with outsiders.
2. You should choose many such matches for diversification purposes, so that one random loss does not wipe out all your winnings.
3. It follows from this that in most cases, low odds work out, and random losses are offset by a large number of wins.
 I would like to ask you, what do you think about such strategies? What do you think are the disadvantages of this strategy?
Low Odd for each sector of gambling will keep you much safer as your chances of winning will be much higher. But the problem is that if you always bet big amount then you lose more than 20 winnings if you lose one bet.  So no matter what strategy you use, you cannot avoid gambling risk. So gambling should be used with great caution. And you should gamble with the amount that you can control yourself from losing. Otherwise you will regret it. Gambling is always high risk so you need to learn this risk management first then you can continue gambling at any odds.
34  Bitcoin / Bitcoin Discussion / Re: Can you pay for car repairs with Bitcoin? Why not :) on: June 05, 2024, 04:35:45 PM
Bank transaction fees are never higher than Bitcoin. Bitcoin transaction fees are still high. It doesn't matter you are accepting payment in bitcoin for your repair center it is a modern payment medium it is appreciated.  In this case a customer will get multiple payment options to make payment to your repair center. Maybe more customers will be interested in receiving your services. Keep it up mate its a good initiative.
35  Other / Off-topic / Re: Do you think gambling every day is better? on: June 04, 2024, 05:34:49 PM

Interesting question. I think the first answer that comes to mind is that addiction is so strong that it depletes a person. But still, if this is not such a case, then most likely the person believes that the efforts are paid off by the pleasure received. In the end, gambling is a voluntary activity, and if someone does it around the clock, it is unlikely because he was chained to a slot machine and forced to play  Grin

Basically, there are factors that leads to gambling addiction and everyday gambling can be one because whatever you devoted time doing all day is part of your life such that you can't easily abstain yourself from such habit and doing something consistently without any positive results is not good at all. Gambling is a game of free will, you don't get involved always but at leisure and that is the best way to follow it up. It will be an act of slavery if anyone spends most of their time gambling without good results even if you do have positive results but it doesn't mean you should remain glued all the time.
One can pass his time by playing gambling because gambling can give a lot of fun. But when one gambles regularly it becomes an addiction for him. And then that addiction will control him in such a way that he will not care about the gambling loss. After losing he will gamble again to recover his previous losses. In this way he will lose something big from his life. So you should not gamble every day.
36  Bitcoin / Bitcoin Discussion / Re: Don't forget to HODL your BTC on: June 04, 2024, 01:09:28 PM
Title.

Whales are going to start selling like last cycle.

Don't fall for the trap. Don't sell unless you absolutely have to!

Bitcoin is freedom. Do not sell your freedom. Hodl it until fiat becomes less popular than bitcoin. Give it to your grandkids if you have to. Do not sell your freedom.

EDIT: Made some changes to calm people down. 🧡

Investing in Bitcoin is very profitable because its supply is limited and its demand is endless, so the price of a commodity increases based on demand and supply.  So those who can hold Bitcoin for a long time will definitely benefit.  But investing for a short period of time cannot expect high profits from here.  Bitcoin is a very strong asset like gold and silver so its future will be very good.  So those who refrain or forget to hold Bitcoin now will regret it in the future.  Because then Bitcoin will become very expensive.  Then buying bitcoins will be very costly.
37  Economy / Economics / Re: A lot wealthy people not smart they just use debt on: June 04, 2024, 01:04:17 PM
Loans have now become a simple matter.  The more developed the country is, the more people are in debt because the percentage of credit card use is high in developed countries and credit card is a type of debt. yes I agree that all smart people use credit cards and using credit cards means borrowing. There are some countries where a person can purchase and enjoy luxury items based on credit card points score. If someone has a low credit card points score they will not be eligible to purchase them.  In those countries, the government is pushing people into debt.  So the smarter you are, the higher your loan amount will be
38  Economy / Games and rounds / Re: JokerChange Presents FREE RAFFLE - Receive $50 BTC Round # 1 on: June 02, 2024, 10:47:34 AM
Numbers from your imagination (separated by comma): 00, 66, 71
Forum Username: coinerer
Bech32 address: bc1qc0p962msv5ug4luxa7wld46wxt3k7phd8zckec
39  Bitcoin / Bitcoin Discussion / Re: Do not fall for success stories of bitcoin investors on: June 01, 2024, 04:01:59 PM
I have seen new investors being carried out by seeing the success of big bitcoin investors. But , this is wrong approach in my opinion. Because, I personally feel that most of the people fail and they will never share their story. So, most of the stories that new guy searches , he will find only good success stories. But that is not correct overall picture. One should keep the limitations of crypto in mind as well. What is your opinion about this ?
You are right people who lose never share their story with others.  But those who profit continue to share their stories with joy.  But if nothing else, investing in Bitcoin and holding it for a long time will definitely make a profit.  Those who lose by investing in Bitcoin are those who can't be patient with Bitcoin long-term.  Many believe in Bitcoin, but when they see the price of Bitcoin falling, they panic and sell it.  And because of this they keep losing their investment.  If there is such a panic, he will never be able to profit.  So, to profit from Bitcoin, one must be patient and invest for the long term
40  Bitcoin / Bitcoin Discussion / Re: My first Bitcoin on: June 01, 2024, 03:54:36 PM
Long time ago I was working so hard to buy Bitcoin but I couldn't because I had no job, but starting from this
month of January I have gotten a new job that pays me 5 figures a month and I just use $110 from my salary to buy Bitcoin,so as today is the last day of the month I just bought Bitcoin with part of my salary.
However, I bought it from a 3rd party through the help of a co-worker at my working place.

So, is it safe for me to store my coin there or is there any other wallet I can use to store my coins? I know of electron but apart from the electron is there any other wallet which is safe?.
My profile shows that I am still new on Bitcointalk and I would say with my actions I am very interested in learning more about the accumulation process so I can gain more Bitcoin.
It is very commendable that you have invested some money from your salary in Bitcoin. But since you are investing your hard-earned money in Bitcoin, you must have a good understanding of its risks. It is not right to think that investing in Bitcoin will make you a quick profit.  If you have to hold your bitcoin for a long time then you can make a good amount of profit from it. So you can invest a part of your monthly salary in Bitcoin. Then it will go through the DCA technique. And if you hold these for a long time you will get good amount of profit. If your investment amount is huge then you can shift to hardware wallet. Otherwise you can continue using electrum wallet
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