Do you always gamble in hurry? What is the need of testing our luck in single stroke?
I agree that winning and losing chances are same; but not on every attempt.

Let's consider a typical gambling scenario:
your first attempt may go in your favor and the second one may go against you and third one may go again against you but your fourth attempt may end up in favor of you. In this is gambling situation, if you go with martingale then you will be in profits; if you go with all-in then in your second attempt itself you will get busted.

Honestly that happens... It is a bad feeling and it is something I hope nobody ever gets, but it happens and it is part of the gambling world. I would rather get quicker and more frequent bonus that pays very little instead of huge bonus very rarely, that way I would at least have something to look forward to and would be happy when it gets there.

I remember once I went a full on run without ever getting bonus, just me clicking a button hundreds of times until all of my money was gone. Obviously I had times when I reached 190x with a bonus as well, that is a rare thing and I do not remember any other time I went more than 100x before, that was the only time (here) but it was superbly fun and shocking at the same time. Long story to quote Forrest Gump, life is like box of chocolates you never know what you are going to get and in this case it is the bonuses.

It may be a good strategy but it doesn’t work all the time, there are times you’re going to be very confused by the market , because there are times it’s not going to work as you planned and the whole market, both BTC and Alts, will be going up or down at the same time. When BTC is going down and altcoins are going up, if you wait for some time and make profit with altcoins you can sell them to invest in bitcoin at the lower rate and then wait for it to start going up again, and it does you also sell it.

That’s a really good advice, I see investment and trading differently from the way that lots of people sees it. There are people who see it as a means of income that they can fully rely on, but I don’t see it that way, rather I see it something that can be a side income; I can have office job and invest in bond or any asset at all that yields annually and at the end of the year I am still getting the same level of profit with someone that leaves their job to invest or trade.

It is usually best to have something that you are sure will be generating steady income, and then these trading and investment can be for side income, even if they are paying more than your regular job, you shouldn’t quit when you have not made enough to sustain you for life.

I don’t know about the altcoins that you have invested your money in, but I know for sure that if you have made the right choice you wouldn’t have sell them to make more than ten times in future, because altcoins are going to grow.

As for Bitcoin, although many people will still see people telling that it will get to $1 million a price for one BTC, but how sure are we about that?

Some people just say that and it’s a reflection of their greediness. But anyway, whatever you believe is the best thing to do for yourself it’s not bad if you try. I will like to point out what the second comment said, people are not ready buy bitcoin at high rate, try want it cheap.

That’s up to you, cars are things that depreciates in value, so they are just for cruise and to help us with our daily moving around activities and the rest of them, but when it comes to value you know very well that your car is going to be depreciating in value, but bitcoin is not like that, bitcoin will keep on adding more and more value all the time.

So if you’re going to be buying a Tesla with your bitcoin, nobody is stopping you from doing that as long as that money is yours. If you buy a Tesla today, tomorrow the company is going to produce a new model and your own will drop in value, and you when you want to sell it you are likely to sell that car at half of whatever value it has depreciated to or even less than half of it lol.

But, when you are about to buy something for investment purposes then definitely you will feel the differences.
I believe due to this kind of psychological thing, most altcoins are finding their success more easier.

Low value altcoins are having some edge over higher priced coins, because people are still believing in larger volume they could easily make good profits. They may be right or wrong but when they are spending money they just want to pick many rather than just one. If we start trade in bits or sathosi then we can easily hit one million dollar levels for sure in coming years.

Yeah, it is not going to be that hard, people are thinking economy will be hard to recover but they are forgetting that stock market is not the economy. It was literally going up during pandemic, there were tens of millions of sick people, hundreds of thousands of people dead, tens of millions of people got unemployed, people needing government handout like no other time, and stock prices still went up for many companies.

So, remember that economy does not mean stock market, stock market could go up even when people are dying because stock market only cares about profits, they are the corporations who send people to work on grocery stores during pandemic without hazard pay just so they could make a few dollars more. This is why there is really nothing that you should be worried about the stock market, it will recover just fine, just like how it did after 2008 crisis.

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That's literally slots. In slots games you have to pick your poison but to be quite honest all of them have that house edge, and most of the time slot games have higher house edge than some other games like dice (depends on dice and depends on slot) but mostly it is like that. Which is why I think it is quite important that we realize we are not in a child plays type of thing.

I know many people "gamble" on their mobile phones with slot games, that is fine and dandy and you do not lose that much, hell most of them do not even have house edge and help the gambler out, so you could make it back, and if you end up losing all of your money, you end up viewing few videos and you get your money back. However reality is that we are in a world where we have house edge here and that is why you should not be thinking some games are more profitable or others are more losses, it is all equals.

Chelsea is definitely going to end up winning I am pretty sure about that, they showed how great they are already in the first game and they will keep that up constantly as well, that is why I am going to think that there is definitely a chance to keep gambling on that game.

What I am not entirely sure about is the PSG-Bayern game because we are talking about Bayern here, sure they lost the first game and I understand that but we are also looking at Bayern... do I have to say any more? They could destroy PSG 5-0 and win that game, or they could lose that game, all of those things are possible, it is all about if they are on their day or not. Which is why I am a bit refraining from that, I may end up putting a bit of money on Bayern just in case. City will be at least an easy game and I will definitely wager the biggest on that one.

I think the same when there is not much happening in the bitcoin market it is best to switch towards the altcoins market and rather than investing into altcoins we should look to trade them because the price for altcoins is highly volatile. Sometime ago ethereum was going higher then it went down and such trend continue to happen so if one is smart enough to capitalize on these movements they can even profit with the altcoin market.

Day trading bitcoin is not a bad idea but the problem is that when not much is happening you cannot really sell and buy bitcoins quickly and have to wait for days and even weeks sometimes. The plus point with trading bitcoin is that even if the market is going down we can remain unscathed because it will recover but if the same happens within the altcoins market, panic is obvious.

I don’t think what you stated as a negative thing is really the negative thing about this; we all already knows that MasterCard is centralized, so you should know that it’s the same method that they are coming with. And as blocking suspicious transactions, well if the transaction is really suspicious then they are doing that to block you from either doing something bad or being done something bad, and that’s it. But where did you get the news about MasterCard accepting bitcoin, because the one I have seen never said it’s Bitcoin, but centralized coins instead.

I like your perception; Not sure a corporate will add bitcoin kind of decentralized thing into their logo. Anything will be possible in corporate world for the sake of marketing so I am too optimistic about mastercard to add bitcoin in their logo.

But I can tell you, when you own a complete bitcoin, it just feels great and honored to even hold it for long time. I have been saving all the possible money I can from working and savings and I purchased bitcoins whenever possible, now I am a proud holder. I don't have such awkward superstitions that I should hold in round figure but yeah I always had a dream of having 1 full bitcoin and I can say I am proud I own it.

Yes, someone with a big amount of coins can dump the market but only once because once they have sold their coins and bring the market down, it will slowly again rise and get back to the normal value but that big whale is then gone forever.

Among all the coins discussed here so far, I think DOT and BNB are the ones who have a strong market cap which shows that these projects are not just solid but also very popular among investors and traders alike which is important because a lot of good projects die in the long term as they suffocate in this crowded altcoin market and fail to make their space and find their identity.

I am not too sure but even TRX looks like a good option although I haven't seen much growth in the coin's price which again makes me wonder if it is worth holding and investing into it.

People were not wrong when they advised patience in the crypto market but I think they should have clearly told you "Bitcoin Market" because bitcoin and altcoins are two very different and separate markets where on one hand bitcoin is going to rise in the long term, altcoins will mostly die in the long run apart from big ones like ethereum.

Holding bitcoins for years has been only beneficial for all the investors but holding altcoins is the worst possible strategy because there are more than 100 coins I have bought and sold and almost 90% of them have vanished from the market in the last few years, not literally as they do exist, but no one buy them now. One such was doge until Mr. Musk decided to put some air into the dead market.

That 63k is on the table and looks to be the most promising potential and there is a very very risky thing going on from the both ends of the situation. Because we are seeing people who think it will be under 20k and there are people who think it will be 100k+ as well, those are both wrong, I do not think that bitcoin will neither be under 20k nor will be over 100k its going to be somewhere around that 63k level and people do not realize that.

This is why I believe we are going to end up with a decent price and that decent price will not be liked by anyone, even though its cool to see bitcoin at around those 60-60k levels and I would be happy with that, there will be plenty of people upset that they sold thinking it will go up and there will be some that think bitcoin price will be 100k so 60k is nothing to be happy about neither. This is the problem we are facing.

The thing about that 100k number is that we have reached all the previous goals so far, it may have taken 1 year, 5 years or 10 years but we have reached all of them, which is why people are confident enough that we will reach the next stop as well, which is 100k.

But, where does this "stop", I mean surely enough as long as crypto continues, and the inflation continues we could have a billion dollars per bitcoin in 500 years too, but we all know by that time something else will probably happen, which is why I do not really think that we will see that, so let's talk about our life, next 50 years tops, we won't see a billion dollars per bitcoin in 50 years, or that is at least what I think, but we know we will eventually reach 100k, so we have to figure out what is the level it will stop, if not 1 billion but over 100k, what is the reasonable number? I say 1 million is more than enough, that should probably be max cap for us.

I would say get on the board as soon as possible because there are some serious talks about $100k very soon, which might not happen but if it does, you would regret having money in hand but kept waiting for the right time. And one thing I can assure you, no one here on the forum knows which direction Bitcoin will move next. All we know is that overall the price movement is going to be upwards.

Not a bad idea but don't allocate too much towards unknown and new coins, instead go for projects which have a decent market cap like BNB, ETH and maybe DOT.

Its your call and its your money but if I was having the money and wanted to invest, I would go all in bitcoins looking at how much investors are jumping into the BTC market.