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2361  Bitcoin / Bitcoin Discussion / Re: Bitcoin Investment, Beyond "Invest What You Can Afford to Lose" on: November 10, 2023, 11:30:49 AM
While risks and scams still exist, Bitcoin itself has proven its worth, emerging as the premier cryptocurrency, demonstrating its dominance over others. The short-term fluctuations are there, but historical data consistently indicates growth over time.So, why should we continue to echo the sentiment of "invest what you can afford to lose" when referring to Bitcoin? I believe this phrase is more suited to gambling or trading, which we all know come with inherent risks.
We do understand that Bitcoin is the best investment in crypto business which has lesser risks than altcoins, especially for long-term holding. However, that doesn't mean this doesn't have risks. That's why you still have to apply "Invest the amount that you can afford costs". When investing in Bitcoin, no one knows what will happen. This is not only related to Bitcoin prices on the market which will go up and down or even skyrocket someday in the bullish era. But the risk is also related to the security of our assets, namely whether one day we will forget how to access or lose the most important information for accessing the wallet. This is also part of the risk. So even if you invest in Bitcoin, it doesn't mean there are zero risks. This is my personal opinion.
Yes, you're right about Bitcoin. It's a crypto giant and safer than altcoins. But "safe" doesn't mean "risk-free." Investors should only invest what they can afford to lose. Your point about market swings and security risks is correct. Price dynamics might make asset security seem unimportant. Anyone can lose keys or wallet access protocols. This emphasises the importance of both market movements and investment security.

Remember that with Bitcoin,  price fluctuation is inevitable. The bullish era may make us dream of huge gains, but we must keep grounded. No one has a crystal ball, and the market is known to humble even the most experienced participants. Every investor, young or experienced, should remember your point concerning Bitcoin's price risks.

Finally, Bitcoin's "inevitable" success problem must be addressed. While many of us are bullish about Bitcoin, we must stay sceptical and avoid naïve optimism. Despite Bitcoin's lead, the crypto sector is known for its quick changes and shocks. Your balanced optimism, admitting dangers but believing in possibility, is reasonable. This deliberate interaction keeps the Bitcoin community fresh and ready for the future.
2362  Bitcoin / Bitcoin Discussion / Re: Some of bitcoin's aim and purpose have been trampled upon on: November 10, 2023, 10:54:43 AM
Bitcoin's transaction fees have changed. Bitcoin promised financial freedom and unrestricted commerce. Bitcoin's essence looks eroded by high transaction prices caused by network congestion.

Most holders are sidelined by high fees and slow transactions. The Bitcoin ecosystem's accessibility and equity are at risk, not simply fees. Ironically, finance-democratizing technology is becoming exclusive.

But lets be practical. Rising fees arent a blip; they're part of Bitcoin's growth path. As the network grows and changes use, such issues will arise. The more popular and helpful Bitcoin grows, the more it struggles under its own success. This is Bitcoin's rising anguish, not its end. The answer? Continued innovation and adaptation, possibly accepting high fees as a necessary evil for a more robust and scalable future.
2363  Bitcoin / Bitcoin Discussion / Re: Whatever happens, hold on to your Bitcoin. on: November 10, 2023, 10:25:25 AM
While the Bitcoin ETF is a hot topic, its important to realise that Bitcoin's worth and possibilities extend beyond this event. The whole picture counts. Bitcoin is popular due to its decentralised structure and limited supply, regardless of market swings or financial instruments like ETFs.

If we dig deeper, the ETF rejection could just a hiccup in Bitcoin's trajectory. Bitcoin has historically thrived in uncertainty. Bitcoin is a technology, movement, and new way of thinking about finance and autonomy, not just an asset. Holders  understand this.

Its critical to comprehend Bitcoin's underlying ideas and long-term vision, but market dynamics and ETF approvals or rejections are also important. Your suggestion to hold on during tough times fits a long-term investment approach. Patience and a solid grasp of Bitcoin's fundamentals often pay off.
2364  Bitcoin / Bitcoin Discussion / Re: Holding for long might not be the best option. on: November 10, 2023, 09:56:05 AM
There has been several occasions of people saying buy and hold without consedring the negative effect it has impacted on many people live. Lets take for instance, when bitcoin was at ATH of about $69k somany people bought at same price expecting it to hit $100k and above while some baugh at the price when it was 40, 50, $60k conservatively. When it was going down to even $20k people keep on holding. Now it's about 2 years since bitcoin fell and never meet up with the price they baught. And they are hoping it comes back after losing huge amount of money. New investors are are taking advages of it while the old investors are regretting.
A bitcoin investment is not a two-month or one-year investment. Long-term Bitcoin investment pays more than short-term Bitcoin investment, which is why you should use the money you are not in need of anytime soon for Bitcoin investment.

Many people invested when Bitcoin was in its early stages and got huge profits, and I am sure some of them are still holding their Bitcoin or some portion of their Bitcoin.

I understand you that people could have sold their Bitcoin when the price hit its ATH, but remember, Bitcoin has potential and the price is unpredictable, which is why they cannot know if the price is going to drop below that then, but if these same investors keep holding their Bitcoin, they will surely gain from it because of halving next year.


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So I sudjest sometimes if the market is going down beyond bearable measures, there is need to swap your BTC to USDT to keep your capital safe in other to buy back when it is going up to avoid loosing some huge amount of money.

So what's your sudjestion on this.
It is a good suggestion for people who have little faith in Bitcoin. Although if you feel insecure with the price movement, you can sell or set a sell limit, the best thing to do is to sell some portion and keep holding some.

When it comes to the world "long term" then it would really be that depending on someones preference yet there are ones who would be talking just only for 6 months and there are ones who do talk for 1 year or a couple
and there are those people who would be talking until the end of time.  Smiley Therefore, when it comes in talks about profit taking then it would vary and there's nothing we can do about it but i do agree on the fact
that there should really be that profit taking thing specially when its already peak of the bull run. How to determine? There's no way on knowing but it would really be pretty darn obvious if we do speak about
price peaks and as long you do already get that profit then cashing or selling it out is never been that a bad idea.

Just like on what most people been saying that profit is always profit and this what matter the most and dont make yourself getting left again by the train.
If you've been here able to witness those bull run times then it would really be that impossible that you arent really that wary on how things works.
You shouldn't really be making yourself dumb or careless this time.
To begin with, let discuss this "long-term" Bitcoin business. Everyone's long-term clock runs differently - ix months, a year, or until we're all driving flying cars. The truth is that profit-taking in a bull run is smart and necessary. People talk about "HODL" until the cows come home, but theres another side.

Cashing out at high prices isnt a difficult task. Keep an eye out and feel the pulse. Market secrets produce wealth for those who listen. Its about profit, but also about not being left holding the bag when the music stops. Theres no crystal ball, but if you dont see trends, you're losing money.

"Profit is profit" - simple yet profound. Dont blame yourself for missing the train. Being aware isnt enough; be action. There's a fine line between courage and recklessness in this game. Play carefully, take your successes, and dont be fooled by unachievable gains. Bitcoin is more than a currency or asset - it tests wit and nerve.
2365  Bitcoin / Bitcoin Discussion / Re: Bitcoin is a “safe haven asset” on: November 10, 2023, 09:26:28 AM
Once we've proven that Bitcoin keeps rising every year, holding onto it seems risk free... this confidence is expected to persist as the asset continues to grow.

However, BTC remains volatile, and that's an inherent trait. I can say that the risk with Bitcoin is relative, depending on how people treat it. Everyone has a different perspective on this, and I can conclude that there are two types of investors who will view this either as a risky or non-risky asset: long term investors and short term investors.

Long term investors are always optimistic about the future based on their fundamental analysis... and daily price changes don't bother them because they not monitor short term price movements.

On the other hand, short term investors clearly see this as high risk, as daily candlestick fluctuations go up and down due to its volatility... those who don't have good trading skills may face losses because they consider too many calculations. This is the real risk because no one knows whether Bitcoin will go up or down tomorrow. It all happens spontaneously due to market conditions and circulating news.
Long-term and short-term Bitcoin investors are clearly divided. Its important to recognise that Bitcoin is a financial game-changer, but its not for everyone. Long-term investors have welcomed Bitcoin's volatility as an opportunity. They recognise that Bitcoin's worth lies in its potential to revolutionise wealth storage and movement in the next decades, not everyday volatility.

Now, on to short-term investors. The trip will be crazy, but volatility is where they find fun and profit. Not everyone has the stomach or strategy for this high-stakes game. However, to reject short-term trading as speculation ignores market analysis and good traders' human behaviour understanding.

Bitcoin's volatility, driven by market dynamics and news, is fascinating. Its about joining a financial revolution, not just investing. Long-term or short-term, risk is high. Bitcoin's price fluctuations are a sign of life in a market thats changing our concept of value and investing.
2366  Bitcoin / Bitcoin Discussion / Re: Bitcoin is the Choice of Investors on: November 10, 2023, 08:57:50 AM
It is true that Bitcoin has been performing great since it was introduced in the market, but I think saying Bitcoin is the choice of investors is an exaggeration.  There are still lots of investors who are hesitant to participate in the Bitcoin market.  If we look at it, I think only a small percentage of these investors are into Bitcoin while many are still into traditional investments.

Aside from that there are still problems and issues in the Bitcoin system that keep investors and companies away, especially in the financial sector.



This statement is an overstatement for bitcoin. If you compare the number of bitcoin investors today with many years ago, it is clear that there has been a huge change. But compared to other markets, the number of investors in bitcoin is only a small number compared to other markets. To put it bluntly, the majority of people investing in bitcoin are just retail investors with little capital and a desire to get rich quickly. As for large investors and institutions, there are still not too many people investing in bitcoin. They still stand outside the game and observe, they have not yet decided to invest in bitcoin. But once the ETF is approved, I believe that will change. Bitcoin is still not the top choice of all investors in the financial sector.
Comparing Bitcoin to traditional markets is like comparing the early 1990s internet to today. Bitcoin investors are few compared to traditional markets, but isnt that the point? It reflects new tech and innovation. Many retail investors want rapid riches, but isnt that true for all investments? The game of capitalism. All markets, including Bitcoin, are driven by the desire to make rich quick.

Natural caution applies to big players, institutions. They're not playing yet, but thats institutional behaviour. They observe, wait, calculate. They're settlers, not pioneers. After mapping the terrain, they move in. Getting a Bitcoin ETF approved would change everything. It signifies maturity and legitimacy.

So, saying Bitcoin isnt the top choice for investors in the financial sector right now is a snapshot of a moment in time. Its like saying businesses didnt like the internet in 1991. Bitcoin and blockchain are paradigm shifts. This is just the start. The canvas is blank, yet the potential is huge. Bitcoin's story is only beginning.
2367  Bitcoin / Bitcoin Discussion / Re: Treating bitcoin as a teenager. on: November 10, 2023, 08:26:45 AM
It seems hesitant and overprotective. Bitcoin is only 13 years old, but in tech, thats a lifetime. Digital assets like Bitcoin mature faster than traditional assets due to rapid technological and market changes. Its a prodigy entering adulthood waiting to shake up the status quo.

Many are distracted by gold and forex comparisons. Bitcoin is uniquely different. This is a technological revolution in decentralisation and blockchain technology, not just another financial instrument. Its unfair to compare its growth to centuries-old assets.

High price forecasts are sometimes unrealistic. But arent innovation and market disruption always disruptive? Big dreams drive big results. Despite constant scepticism, Bitcoin has always proven them wrong. Not simply price, but underlying worth and revolutionary potential. That should be prioritised.
2368  Bitcoin / Bitcoin Discussion / Re: Bitcoin is not perfect, and that's okay. on: November 10, 2023, 07:47:23 AM
I thought the "Bitcoin is a criminal" was a very old thing and both people and governments have gone passed that thing already, but if they are still dragging it and trying to make Bitcoin look negative in this manner, I think those who believe this thing will only regret doing so in the future just like the ones who are regretting today for believing the words of mainstream media back in the day when they were making Bitcoin look bad by calling it different names one of them being "a criminal currency".

I still remember the time when people wouldn't even listen a word about Bitcoin and start talking rubbish about it just because they have heard all the negative things about it from either mainstream media or government official and even from social media influencers who doesn't even know a thing.
Indeed, the idea that Bitcoin is criminal is outdated. Blockchain's transparency often exceeds traditional banking systems, but it's a superficial label that's hard to remove. The regret you mention is true, and this stereotype shows how first impressions stick in the public consciousness. People keep the first information they get, and Bitcoin's public rehabilitation has taken a long time.

Remember, fear of the unknown is human nature. When Bitcoin first came out, no one knew what to do with it. Its no surprise worries and misinformation grew there. Major media and authorities shape images before a collective knowledge can develop. That affect might stay like a shadow after the substance changes.

However, the tide is turning. Bitcoin's resilience and adoption reject the 'criminal' label. Its becoming evident that this technology offers more than a criminal shelter. It offers financial independence, efficiency, and unprecedented global financial inclusion. Its not just about being pro-Bitcoin; its about being pro-innovation, pro-growth, and pro-freedom. Those who are delaying may regret missing out on a financial revolution.
2369  Bitcoin / Bitcoin Discussion / Re: Getting losses, Take a break and just focus on Bitcoin. on: November 10, 2023, 06:00:31 AM
Bitcoin trading is also very risky, although altcoins are more volatile and riskier. Just tell him to hold, that is the best for now. I have traded bitcoin and altcoins, they all have their own risks and they are all for experienced traders. I remember a time I was new to trading, I traded bitcoin with leverage and I lost so much.

Yes, basically any trade has its own risks and there may be some differences in the level of risk that will befall us as a trader, none other than the possibility of risk because we will take or take advantage of the profit opportunities that exist in the world of trading, and if our analysis is wrong because of market fluctuations that are not helped then yes as a result we will experience losses of different amounts. I agree with your statement and yes as you said that whether it's bitcoin or altcoins still both have risks and maybe for altcoins have a much higher level of risk.

With all the risk opportunities that can occur then yes of course that is the reason why we as traders must have a lot of preparation as one of the preventive measures to reduce the level of risk, honestly I will not focus that trading is only for those who are experienced, because of course they are also born from ordinary people who were initially beginners but with the planning and management they have (very good) it makes them one of the professional traders, and that means there is no prohibition for beginners to get involved in this trading as long as they have good planning and decisions so that things that are not wanted do not happen.
Trading is risky, and you're right about the volatility. Potential profits and disadvantages must be balanced. Trading Bitcoin or altcoins exposes you to market fluctuations. Altcoins have higher risk, but they also have higher profit, therefore they demand a steady hand.

You're right about preparation being key to trading success. It protects against dangers and guides you through market swings. Today's successful traders were once beginners. They reached their heights via careful planning and smart choices. This story emphasises that experience is earned, not inherited.

Beginners should jump in with a plan. Learn and think about the market. Planning ahead, not years past, shapes your trading path. Bitcoin, despite its wild swings, shows crypto's inventiveness and tenacity. More than an asset, it revolutionises financial autonomy. Keep supporting, studying, and most importantly, trading with a clear head and full understanding.
2370  Economy / Gambling / Re: ⚽️ SPORTBETTING ADVICE ⚽️ on: November 09, 2023, 04:09:16 PM

And because of that, we have to say that in some bets, all that you need to do is to rely on luck to win them, because even with your knowledge you can still end up selecting the team that will lose the match, some time in football games, what differentiates the winner from the loser is luck, because, in terms of skills, a listing team can still be the most skilled team with best players.
Football match most time depends on luck to pick the right team to win, and so for that, we have to acknowledge the place of luck in all that we do at some point in time.

Well, in football not everything is like that, because in part I do Know that there is confusion in football, but it does not mean that football is completely random in its things and in its way of making it appear that way, because in everything there is always a great probability and mathematics, studies that are done so that the possible results of a match can be Established, or at least say that a particular team will win without predicting the result with Accuracy , because there are the expert opinions of the players of a soccer team to determine what the team's performance is, Especially When there are stars on a team, because they are the ones who can make the difference, or in most cases they are the ones who can make the difference, then I could say that when We are seeing that you can do any kind of things with football, I don't think that everything is said to have something to do with luck.

I know that there were football matches in the World Cup that were very Lucky , of Teams that have always been champions and lost against teams that looked very weak, but in the end I wouldn't believe it was luck, but rather that the teams lost They performed so well at a very high level that they were and surpassed others, this normally happens, so there is nothing strange there, but generally the people who bet a lot on Football are people who know the game of a Lifetime , and they know who their players are and what their abilities are like, but there are external factors that sometimes they don't say in the news in the articles and these things sometimes they don't say, for now things are easier access information, because each player has their social network where fans access their publications, see what they think, what some published training sessions publish, they make Known that they are good, or bad, all that is necessary now yes A team analysis is required to determine at least which team is Better or more Capable of Winning.

Football isnt a gamble; there's a science behind what may seem like craziness. The chaos of live sports, where factors change instantly, often causes disorientation. Experts analyze teams, strategies, and players' performances extensively. Star players can change the chances, but they are only one factor.

Betting isnt only for experts. It requires passion, expertise, and a willingness to consider many aspects that could effect a game. Bettors frequently have significant background information on teams and external circumstances that rarely make headlines.

Information is always available nowadays. Social media gives us a unique view into players' lives and opinions, adding to the game's analysis. The focus has shifted from statistics to human factors, team morale, and individual psychology. To predict the winning squad, a thorough team study is more important than ever. The game's depth derives from mixing raw data with human aspects.
2371  Economy / Gambling discussion / Re: Why is horse racing so unpopular here and a bit of extra feedback on: November 09, 2023, 03:35:42 PM
The decline in public interest in horse racing is, in my opinion, due to several significant circumstances.  
Firstly, racehorsves are very expensive and their period of participation in competitions is limited to only a few years.  And this is very little.  Also, a horse requires a lot of expenses to maintain it throughout its entire life.  
I also think that the profession of a jockey is a very dangerous profession and few people who truly love horses are capable of such work.  Therefore, in particular, there are few professional-level jockeys.  For these reasons, this sport in my opinion is becoming less and less popular.  
But these races are a tradition in many countries and competitions will still be held in the future
If we are talking about the distant future, I doubt it. Traditions tend to change or vanish over time, especially if the people that the tradition belongs to start losing interest in it. Countries that are trying to keep the sport alive will do their best, of course, but I'm afraid they won't be able to do that if they don't have an audience for it. A sport becomes popular and widely used and liked only if there are people who are interested in both watching and participating in it.

The legacy needs to be continued and fulfilled, in every sport, or anything else in general. When someone gets old, retires, or passes away, they are supposed to be replaced by someone like them, who matches their style, their charm, and most importantly, their skills. They can become better over time, but they will at least keep the soul of the game alive. However, I'm afraid that's not happening with horse racing.
Horse racing, like every sport, needs fans. Without new blood on the track and in the stands, the sport might die away. Countries maintaining these traditions work hard, but without collective enthusiasm, they may fail. Both past winners and rising talent make the sport appealing. The dynamism of horse racing has always been in the seamless relay from one generation to the next. Few seem to grab this baton pass, which is stumbling. Old-fashioned charm and skill require successors or the sport will fade into history. In reality, horse racing is at a crossroads. It must change with new tastes without losing its identity. Staying current in a quickly changing environment is no joke. Reviving its heritage may require engaging youth, diversifying the experience, and growing its digital footprint.
2372  Economy / Gambling discussion / Re: Have your own casino. on: November 09, 2023, 03:12:30 PM
I think that having your own casino would be a Spectacular Business , but I think that I wouldn't mess with having a business like that if I didn't have the necessary capital for them, because we must remember that things when it comes to how Players who are Whales play , They will Want to enter by making big bets, and if we do not have the capacity to pay in case they win, then we will look very bad and it will be something disastrous, then we can have the best structure to do it, the best of all the friends once it is see nice, eye-catching , the best games with their suppliers, the best staff, but the question here is money, if there is not enough how can you maintain a casino? Taking into consideration that if players like those who enter stake.com arrive who are very good , they are whales , because it is Something that is quite strong , then we can say that when things are treated like this, it is very different.

Now for me that is the main way that I don't set up a casino, secondly I don't know or have any idea how much the minimum capital is that you can set up a casino, I think it would have to be a lot of bitcoins, it's the only way I can say that things worked really well, because if you start playing slot machines, which are quite nice and there is a bet of 700-1000usd and you win the biggest prize, the money is an exorbitant amount that must be paid, and You must pay so as not to look bad, because otherwise it would be a scam, and so in the forum there have been many cases where the casino cannot pay and then they try to get ahead with the payments that some players make with their deposits, that is, the casino tries to capitalize with the players' money , that is something that is not viable and is a very reckless strategy, because basically money is something that the casino is always protecting at all times, it is its way of surviving, I don't see any other way .

Capital is essential to your business's success. Whales are the huge fish every casino wants, but they're also risky because they have a lot of money and gamble a lot. So the house needs to have enough money saved up in case they win big. The balance of spending and return is tough.

The staff and decorations are great, but without money, its a paper house. Yes, using player money as a stopgap is like entering financial muck. Its reckless and can harm your reputation. Opening a casino is enticing, but the money is too much to pass up.

Unbelievable quantities of money are needed. The risks are great physically and symbolically. Not only do you need to have enough money to cover the bets, but you also need to pay for things like rent, software, and more. You need cash to create a wall to defend your business in a high-risk market where "whales" play.
2373  Economy / Gambling discussion / Re: Referral bonuses are waste of time on: November 09, 2023, 02:46:14 PM
You can really make good profits, if you are an influencer, who can easily influence larger people to join the site through your link. If you are just a normal gambler and refer one or two person, then hardly you can make any referral earnings. So yes, you whether it’s a waste of time or not, it completely varies from person to person. Back in 2017, I owned a youtube channel with gambling audience. I promoted a site called luckygames.io, and shared the referral link, to my surprise I got 700+ registrations in the link and made around 0.08 Bitcoins in just 7 days at that time. So yes referral bonuses do work. You just need to find good high rollers for it.

Earning rewards through referrals isn't only for influencers. Even if you're a regular gambler you can get bonuses if you refer people effectively. It's not limited to a specific group. But how successful you are with referrals depends on your efforts....You earned bonuses by promoting luckygames.io and sharing your referral link which brought in lots of new sign ups and earnings quickly. So the important thing is to target the right audience not just big spenders to make referral bonuses work for you.
I agree the power of referral outside influencers. You must know your audience and use that wisely. There's more to luckygames.io success than luck. It demonstrates you know where to cast the net. Its not just about getting any fish, its about getting the ones that thrive in your pond, right?

You're right about targeting. Its not enough simply provide a link and hope for the best. Craft a message that connects with your audience. High rollers and casual players are more likely to bite if they enjoy your pitch. Its nearly an art to convey that idea.

Your achievement proves this strategy. It shows the tiny guy they dont need a big stage to shine. They need patience, a good strategy, and knowledge of online gambling. Please keep sharing your insights - you clearly have many.
2374  Economy / Gambling / Re: Casinos not asking for KYC to register and play, but do require it to withdraw on: November 09, 2023, 02:21:32 PM
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Well, of course, it is clear that if a player lost all his money won in a casino simply because the casino did not consider the information that this player provided as part of the KYC procedure to be reliable, then such a player will never return to play in this casino again.  Indeed, such a client is forever lost for this casino. 
And yet, if this player communicates with other players, then information about his resentment towards this casino due to lost income from fair winnings will certainly spread, which will also begin to negatively affect the reputation of the casino. 

It has been said many times that sometimes an inexperienced player who has cryptocurrency thinks that if he wins, the casino will send him the winnings in cryptocurrency anonymously and will not ask for anything in return. 
However, KYC has become very widespread and, of course, often spoils the good mood that the player has won. 
By the way, this is a problem in the gambling business and it significantly spoils the user experience of the entire gambling industry. 
The players themselves who use cryptocurrencies do not need it at all, as I believe. 
But it only irritates and wastes the player’s time.  And it can also provoke a leak of personal data of players due to constant cases of database theft.
Casinos must walk a line between KYC and client pleasure. A multidimensional issue, strict KYC requirements may discourage players. And while strict KYC protects the casino's integrity and the player's wins, it can backfire, causing annoyance and resentment when players believe their privacy has been violated or winnings are unfairly held.

However, data breaches are always a concern. As a casino accumulates more data, it becomes a bigger target for identity thieves. This is a real concern that can damage trust beyond a single player's experience. Casinos must protect player data and trust.

Word of mouth may create or ruin a casino's reputation in a reputation-driven industry. A single negative online experience might dissuade players and reduce user base. Casinos must know that KYC is required but must be implemented and communicated carefully. They need creative ways to speed this process and ensure compliance without affecting user experience. Following the rules is important, but so is embracing what makes cryptocurrency gambling so alluring.
2375  Economy / Gambling / Re: Rollbit.com | Crypto's Most Rewarding Casino 👑 on: November 09, 2023, 01:57:32 PM
I do agree that there is a good big potential for it in the near future. I agree that it may not look all that great for the time being but it is definitely not a bad idea anyhow, I think it could be done one way or another and should be provided that they could be making some leeway.
The real growth takes times and those coins with short run pump are really manipulated by the whales who are trying to make personal profits but with Rollbit coins they are progressing with new developments and provides utility for the coin which is plus point for them and long term vision for the casino.
Indeed. But many investors still prefer to profit in a short period if possible. Even the chances and risk of losing their money are high, they just ignore it. We always say to choose a coin with utility, but in the end it is up to them where they want to invest their hard-earned money. So only invest in RLB (or any coins) if you think it's worth it based on your own analysis, research and understanding.

They prefer short term profit because they afraid to lose their money and can't blame them to think that way since market is unpredictable then maybe they are been caught up with other token thinking that they can earn a lot of money from it if decide to hold it for long term but they didn't get the best result of their action done. For now let them ignore the thoughts about doing long term with those potential tokens like RLB so that they can learn something more valuable especially doing good decision making in terms of selecting best altcoins for long term hodl. For sure once they observe what are those good alts to hold then for sure in future once there's a bull run will happen they are the one who will grab it first and have good confidence that they can earn with top alts together with best altcoins they choose.
Its a tough choice, isnt it? It can be difficult to choose between short-term and long-term. The market is volatile, so a bad turn can have long-term consequences. Fear of losing usually motivates more than wanting to win. However, there is a learning curve. Every token investing teaches you how to trade. And, RLB has great potential.

Consider how much planning it will take to filter through all the cryptocurrencies to select one that will make you money. You must understand RLB's value and technical operation, not just the bull runs. Rollbit users are investing on a platform and an ecosystem that might expand.

Trading and gaming make Rollbit's user experience deeper. You may plan ahead and analyze assets there as well as gamble. And the RLB token is at the center of this. Understanding the platform's benefits may put users ahead of the curve as it changes. Rollbit's success could show those who have chosen it a future where the token's value goes beyond what people think it is now.
2376  Economy / Gambling discussion / Re: Poker coming to stake.com in the near future ! on: November 09, 2023, 01:23:35 PM
There are not that many players on some tables of the popular crypto poker websites now. I think it's best for them to keep it exclusive to their very own network and not to tandem and venture with other poker websites. That's the perk of being on stake and they've got their own network and don't need to collaborate with the others.

But if they're also kind and looking forward to have ventures with other networks integrating their system and network with the others, it's also good though.

It is to make the job easier if they're going to let the actual providers do the job for them and let just the brand name itself be attached to it. But it's actually a nice idea to make the poker crypto nights live again because it seems that it's being forgotten by the most. And since there are new ones that want to learn about it, we'll just have to wait to the final day announcement and launch of it.
Exclusiveness has benefits. Keeping a unique environment that gives players a unique experience is a power move. Quality and exclusivity are shown by the site's network. Although it's difficult, they appear to be doing their best to keep the community close and the games intimate.

Intergrating with other networks could add new energy and players. Crypto poker nights, which are declining, may revive with the collaboration. Alligning with others while keeping their brand's strength and integrity is a brilliant move.

With the new launch so anticipated, Stake.com is likely considering these possibilities. Every action is likely calculated to ensure they serve their community well. New faces may spark curiosity and attract keen learners. That final declaration will change everything, so let's wait.
2377  Economy / Gambling / Re: Guide for newcomers Start a fun and profitable gambling entertainment journey o on: November 09, 2023, 12:53:59 PM
Truly gambling is quite different from other activities and as such should be taken not too serious but for fun otherwise you will be in a haste to make losses. Although gambling is a thing of luck and if luck is on your side, you just might hit it big time with your little efforts but as such should not be taken into a full time position otherwise you will be ruined if luck does not shine on you. So when it comes to profit making, there is always a winner and a loser that is how it was designed for so your choice of winning at a casino is not defined by you but by the output of the results after playing your games.
   In recent years, the online gambling industry has witnessed exponential growth, presenting entrepreneurs with an enticing opportunity to enter this lucrative market. For those eager to swiftly launch their online gambling business, there is a easy-to-follow guide that will help them explore the exciting and complex world of gambling
First ensure you are 18 years and above before considering gambling, then do your research on the gambling site you intend to use, one needs to know the gambling platform or casino he intend to use, know the authenticity of the gambling site before registering. Develop and stick to your budget plan, so that when you exceed them you will know when to stop. Implement responsible gambling measures. Gambling is not a source  of income and remember that it can never be safe you from your financial situation.  When you gamble, gamble with what you can afford to lose, never use a borrowed money to gamble ones it getting to this then it started to become a problem. It’s not a sign of weakness if you step back for a while and re-strategize. This will make you know how far you have gone in gambling and how much you have spent in playing. With that you can know if to go for a break or continue.
  It is impossible, remember this: If you want to make money with gambling, in 99.99% of cases you will lose all of your money. It is never profitable in the long run, no matter what anyone tells you. There are sites where you can buy "sure-winning" tips, but they are all scams. There are no sure-winning strategies. Gambling is designed in such a way that you will always lose your money in the long run. If you don't believe me, look up names such as Terrance Watanabe, Harry Kakavas, Charles Barkley. They were all wealthy gamblers who lost everything, or at least a significant portion of their net worth.
Its a high-stakes game, and yeah, you're right; theres mad growth, mad potential. Legal age is just the beginning. Research? Your armor. You must investigate these sites' every detail. Authenticity is your lifeline in a shark-filled sea. Budgeting? Thats your survival plan. Youre simply another high roller falling without it. Gambling not being a cash cow? The harsh reality. A drain, an infinite depths where your dollars die. And these "sure-win" tips? Too many suckers bite the bait and are gutted. Big names that failed? They're warnings that the house always wins. Remember that stepping back is logical and your only chance to stay ahead. Its understanding when to step away and run, not just when to hold or fold. So, enter this arena with your eyes open and wallet closed.
2378  Economy / Gambling discussion / Re: Lotteries and possibility vs. probability on: November 09, 2023, 12:24:18 PM
Lotteries have changed from free and communal to a financial gamble. I know lotteries and human behaviour inside and out. Yes, entering lotteries is cheap, which is strategic. It protects against large losses, unlike traditional gaming. And I remember when lotteries were almost a public service, free to enter, and encouraged.

Lottery applications are easier now. The internet makes applying from home easier. In reality, the selecting process is what matters. Luck matters, and not everyone has it. It's a gamble with significant odds. Time and time again, people have high hopes but find reality harsh. Selection is like finding a needle.
While growing up, i use to know lottery as a free chance for citizens to win some life-changing rewards some time one of the most played is the Americans lottery, I do not know if it government an organized lottery but this lottery is played globally and a way to support people, but lately, that have changed and lottery is now taken same as traditional gambling that players now stake high amount just to win the jackpot.
Some casino has also dived into the business of lottery, and that have really affected the way and manner the lottery is bow played and rewarded entirely since those casinos are all in to make profits and generate revenue to keep their operation going on a long-term basis.
The only thing that has changed is the way people think, their mindset, and their perspective of how they used to see things and how they see them now. It's because the generations have changed, people in the past used to have more moderate and easy mindsets and they were more helpful and affectionate than the current generations. That's why, people these days think that only they should get whatever there is and no one else should be able to get a hand on that.

Lotteries can still be the same, if there is a lottery where 50,000 people are participating and each one of these people is spending just $2 on it, there will be a reward of about $100k minus management fees, which is still a huge amount to be won by someone for just spending $2 and others wouldn't even be bothered since they've spent just $2 which isn't that much, but that's not how people think these days.
Current generations are seen as more individualistic, a major social shift. I wonder if this shift influences how we see collective activities like lotteries. Lotteries have always been a collective bet, a modest risk for a huge payout that might benefit everyone. Changes in viewpoints may affect how we handle shared risks and benefits.

Lotteries strike a fascinating equilibrium between low-cost individual risk and high-reward communal outcome. This basic economic trade mirrors complicated social processes. Though people spend $2, the collective action creates a big prize. What $2 means to each person is the key. Is it a token or a missed chance for personal gain?
2379  Bitcoin / Bitcoin Discussion / Re: Bitcoin is not perfect, and that's okay. on: November 09, 2023, 12:00:57 PM
Transaction irreversibility is important. This feature prevents some sorts of fraud, reflecting blockchain technology's strict ethics. However, it raises questions. What does perfect mean in the context of financial transactions? Flexibility, security, or something else?

Bitcoin's volatility is comparable to other financial markets, but its typically exaggerated. Any tradeable asset has peaks and valleys. Like the stock market, its an interaction of supply and demand driven by many factors.

If someone says that Bitcoin is used for illegal things, we should really look at the bigger picture. Human intention, not intrinsic qualities, determines the use or misuse of all tools and technologies. Why is Bitcoin often singled out? Maybe a fear of the unknown or reluctance to adopt a system beyond customary controls?
2380  Bitcoin / Bitcoin Discussion / Re: Bitcoin is the Choice of Investors on: November 09, 2023, 11:37:29 AM
Thanks for sharing obvious things. Bitcoin has become a thing among investors. The shift from gold to digital assets is noteworthy. Bitcoin's rise in value during the banking crisis suggests that its attractiveness as a "Safe Haven" asset is growing, given its performance throughout economic downturns.

Bitcoin revolutionizes money and investing due to its decentralization. Decentralization creates many problems, such as the lack of a central authority to interfere in market manipulations or retrieve lost cash. But who cares, anyway? Investors' responses to these problems and Bitcoin's integration into the financial system will be fascinating as it matures.
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