Most the gambling casino nowadays show the current pool they have which gives you an idea of how much money do they hold to prevent getting backup and also that's the reason why don't store your money to the casino if you are not actively playing so you are kept safe with those doubts with your self. Also, it is not mandatory or just optional to them if they want to show up the current funds they have, if you're going to you can check the addresses they have. I guess you come up with the idea because of the exchange ftx.
I have managed to Hold some coins in casino for years but the site is established and one of the most popular in this forum so I have no doubt that my funds will not be secure for long. but that is a perfect advice mate that we should not put our funds inside casino houses for long time because there are also some that will take funds if not being played or deposited for long. If the casino is already trusted and build a reputation already here in the community there's no.might problem with that but still at the end of the day this is not an ideal practice these kind of habit is only ideal to those players are actively playing so they don't need to commit a deposit and withdraw vice verse but if you use the gambling casino as holding your funds is not recommended and advise. |
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$100 I believe, is not much but I'm happy with that win as it does not happen all the time or even most of the time.
By the way it's coming from sports betting activity.
@OP, 133,337x on limbo, that's very lucky of you, I don't think I would win big time like that.
Actually most of the capital of the players is around $100 and below that is just a spare money that they are willing to lose so they keep playing if you have 5-10 dollars and manage to win a hundred still profit at the same time but imagine having a thousand dollar profit gives really a fun jump to celebrate with even me I didn't reach that number of multiplier just almost around $500 profit is my highest these past few months. |
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This is called gambling. High risk, high reward. When you saw that you were up by $700, you weren't satisfied and thought you could make more profit. You decided not to cash out your profit. So you were taking more risk to get more profit. But things didn't go your way and you ended up losing everything. Now think, was it worth taking the risk? How much more profit you would have made if you took the risk? If it was for like few more bucks, then no, you shouldn't have waited till the end and should have taken your profit. If it was like a few thousand more bucks, then yeah, I would say it was worth the risk since you initially placed only a $70 bet.
^^This is pretty much what are my thoughts about OP's situation. His initial bet, $70, is the key here. He was aiming to win 10x of his bet, and he wouldn't be fully satisfied with $389, or about 5x of his bet. $389 can't be a big money for someone placing $70 at once, so, you are trying to get what you really want, and you are ready to get nothing, and you don't want to stop halfway and get something which is not satisfying for you anyway. For a small time gambler for sure this kind of amount is ready for cashing out for me its enough good profit because we know its gambling not all the time we have the chance to win twice or more at the same time in just one single game, sometimes this winnings can cause to brings back again with the 70 USD again as capital or less if op does not take a good run, but if you are a big time gambler and just a spare money and willing to take a risk its ideal to play more. |
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Slots are designed to constantly "reward" you with small wins.... but if you look at the larger picture, you will notice that the graph are showing that the casino are gradually sucking all your funds in the long run. The small wins are insignificant, when you compare it to the constant losses.... so it is very much like the theory of the slow boiled frog. (if you put a frog in a pot filled with pleasantly tepid water and gradually heat it, the frog will remain in the water until it boils to death.) That is why people are saying..... If you continue playing, the house always wins.  That's how gambling works, only a small portion or few people wins the slot games and those are the lucky one who has a lot of time and money to play the game, I tried to track my slot games and the winning and losing total amount is just near to each other but still good profit I get and after that, I didn't play for a while just to get funds, that's why gambling seems like to only have afforded to lose a lot and risk, ideal to track those gambling activities if still ideal to play or losing too much. |
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Most the gambling casino nowadays show the current pool they have which gives you an idea of how much money do they hold to prevent getting backup and also that's the reason why don't store your money to the casino if you are not actively playing so you are kept safe with those doubts with your self. Also, it is not mandatory or just optional to them if they want to show up the current funds they have, if you're going to you can check the addresses they have. I guess you come up with the idea because of the exchange ftx.
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Glad to be back, Signature and avatar are updated.
Current post: 3558
I want to change my address to : bc1qnrcpx4q970yhp5t0qqgu5svcu27982cpdd8xnl
Thank you Hhampuz
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- Hero of Good: LoyceV
- Golden Feather: Hhampuz
- Bitcointalk Ninja: TryNinja
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- Event of the Year: [Voting 2021] Bitcointalk Community Awards 🏆 so fun with this event
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Good day everyone I would like to update my wallet address
A better way to update your address is to sign the message containing the new address with your old address. Anybody who acquires your account could post a message saying that they are changing the address, but only the original owner can sign that post with the original address. Without signing using the old address, here are the possibilities: 1. You are the original owner. 2. You are not the original owner, and you hacked the account. 3. You are not the original owner, and you bought the account. Thanks for the information. This is my old wallet address -----BEGIN BITCOIN SIGNED MESSAGE-----
This is peanutswars, old wallet address bc1qh45r8qdp5zqf5cux77sq0k3gmjdljv4jdac0n0 and would like to add my new wallet address bc1qnrcpx4q970yhp5t0qqgu5svcu27982cpdd8xnl
-----BEGIN SIGNATURE-----
HwfgN/Z/80aAv1DRUsndg1yWcqi/3IOEOW22lMA2YQ3LdJLn5CNsJbwOVHY3knLRxwEL1ujUQgRN7fO1wW4YHt8=
-----END BITCOIN SIGNED MESSAGE----- This is my new wallet address. -----BEGIN BITCOIN SIGNED MESSAGE-----
This is peanutswar 11/20/22 new wallet address bc1qnrcpx4q970yhp5t0qqgu5svcu27982cpdd8xnl
-----BEGIN SIGNATURE-----
ILiYa+mSEiu7SB/crI/OujyjELPwJr6tno2mrqIcI0ImOEZvDNHx7EF4eyQwmXeN9WIxVJEN6376YpJp3p3EGp8=
-----END BITCOIN SIGNED MESSAGE----- |
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Good day everyone I would like to update my wallet address -----BEGIN BITCOIN SIGNED MESSAGE-----
This is peanutswar 11/20/22
bc1qnrcpx4q970yhp5t0qqgu5svcu27982cpdd8xnl
-----BEGIN SIGNATURE-----
II3Ernc3MoumhRLqxbO1GQynPdkYoeztdkM8v4VWbDIwIBVrY2Id/t4OMN7TFBdsp3bS0aby+3v5Np7MIbG16AQ=
-----END BITCOIN SIGNED MESSAGE----- |
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Username: Peanutswar BTC SegWit Address: bc1qnrcpx4q970yhp5t0qqgu5svcu27982cpdd8xnl  |
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ACTIVE MEMBERS (5/9- 5/16/2022)1. inthelongrun [20]
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ACTIVE MEMBERS (5/2- 5/9/2022)1. inthelongrun [16]
2. Fredomago [10]
3. blockman [10]
4. bisdak40 [9]
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9. carlisle1 [5]
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14. acroman08 [4]
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The market is volatile and for me while the market is currently down its a good for accumulating a lot of tokens I started before with 20 dollars only as initial investment and upon being part with the market ATH it gives me a good profit but I didn't just make in with the 20 dollars instead every day I tried to put a small amount and pull it out until I reach out the time to make a sell to those investment, it doesn't matter how much you invest as long as you can handle when to buy or sell your position that makes you profitable is a good profit at the end of the day.
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Not only the people keep eyeing this year because we know that if the bitcoin halving is coming there's a chance that the price of the bitcoin again drops and wait for another ATH well history repeat itself as always if you check previous charts and makes a technical analysis in the current set up of the bitcoin 2 years ago we face again with the 16k price of the bitcoin and makes a good profit with approx 60k and this thing might happen again after the halving and it's a good opportunity to make accumulate as possible.
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From the perspective of the bear market cycle, this should not be the end of the bear market. You can never accurately predict whether it will continue to fall based on whether the chart trend is bullish or bearish.
But I think now is a good buying opportunity for Bitcoin, the price of Bitcoin has fallen a lot compared to the highest point, buy now and wait for the market to recover and it may reach the highest in the halving cycle, that's when you get profit moment.
Currently the bitcoin is now with the stable price of 16k and people would like to wait for the confirmation if you know how to read with the Technical analysis there a chance you can make a path where ideal to trade or not. But currently sitting with price of it for me ideal to wait than taking risk. For sure many people will neglect the bitcoin because the price is too low and this is a good opportunity to make a coin accumulation in the future. |
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During the ATH too threes a lot of projects, NFTs, Play to esri rise up and of course to the people have the ability to invest with it's a good opportunity to grow the number of asset do you have, once of the trend that time is the Axie Infinity many people quit their job because it's more than they earn in a daily basis but now imagine from a 1k dollar per team it's just around $10. The making is just in a cents this is the excellent example how the crypto gets too much volatile.
It's better that you will use crypto for a sideline and not just a main job unless the project has a strong foundation.
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scalpers with the ability to read the market well will certainly benefit greatly if they trade on exchanges with large volumes. But if you are unable to read the market and have no knowledge of charts and candles, then you need to be careful. scalping is fast trading that takes advantage of any fluctuations to take profits. Big volume is very important, but you need to be careful when FOMO occurs and the market price is above.
Even for the most experienced scalpers, the market often surprises, especially when it comes to trading in large amounts. If everything were so simple, then many would like to be scalpers, but the situation is the opposite, more often I see how traders write that they are very tired of scalping and this activity is not always profitable. The ability to read a chart is not enough to be a successful trader. Dealing with the small market circulation does bring a good profit only to the people who bought a lot when it's low and upon people having a good tons of transaction and exchange there's a possibility to gain huge amount but in a large market circulation there's an instances that's only for a small amount. For a small cap tokens hard to make a TA because whales can make a manipulations easily. |
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This is the reason why some of the people telling that don't store your coins into those exchanges because there's a chance might happen in the future with them and of course you cant do anything if they face this kind of scenario there's a lot of people making their money in just one exchange and does not invest into cold wallet or hot wallets which might risk their money on those exchange also we it is related to the reminder of theymos in the announcement board. Reminder: do not keep your money in online accounts |
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Newbie nowadays thinks that having exaggerated post into a topic is like a quality post that's why some of them are trying to copy-paste from google, tip for the newbies to this thread for your rank up, based on my experience I just share my knowledge and skills here in the community and also contributing needed by the members seeking for help and not just only me but our era becomes a newbie at the same time and keep motivated to share our knowledge and will continuously do that because that's the purpose of the forum sharing of information.
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