Do you mean risk free fights in the sense that one fighter is such a strong favourite, there is 0 chance of him losing the fight? I don't really believe in such risk free money anymore. In the past I tried a similar strategy in football and only bet on matches with 1.2 and below payouts. The profit was very small but atleast I thought its risk free. Until of course it wasn't risk free anymore and I lost it all. After that I stopped betting on such low risk matches. Because athletes are just humans. Every fighter can have a bad day and something unexpected happen. Doing such risk free bets a few times works, but the longer we bet on them the higher the chance to get the 0.01% tail risk event.

For me it's hard to see that in the near future any alt coin could overtake bitcoin as the new leading crypto currency. Never say never, but at the moment it seems unrealistic. Bitcoin became so mainstream over the last years that I don't think investors are going to abandon it just for another coin. That is why I agree with your statement that Bitcoin is king. Any crypto investor should atleast hold a bit of his money in bitcoins. There are a lot of attractive alt coin projects out there, but it's very hard to beat bitcoins over a longer period of time.

I fully agree with you that a high price is no indication that it's a good investment. The only thing that a high price tells us is that it was a good investment in the past. All the investors who gave been part of the rally made money. But this is not a guarantee that the price is going to rise higher in the future. There are many factors that determine if a project is a good investment. Also the price could have been manipulated to be high without any fundamental justification. A ponzi scheme also has a very high price, right until the moment the bubble burst, then it becomes worthless. Better not to trust a high price alone.

Sounds nice that El Salvador is taking the next step and creating a whole bitcoin city. Unfortunately I really worry about the security on El Salvador. For the local population the bitcoin city might be a blessing but internationally it could be difficult to take part in such a city. El Salvador has a big crime problem with the famous street gang MS-13 operating from there. If there is too much money involved in bitcoin city it could become the target for the criminals. Central America is different to Iceland where nothing is around the mining farms.

Not really, the slot machines are programed to have a certain payout rate which is less than your buyin. So the longer you play the more likely are you to reach the expected values. The more player and slot games the closer it will get to the averages. Which doesn't mean that we can end up lucky and make a decent profit.
Looking for machines that are played heavily is a good idea as long as nobody won in a while. The more players on one slot machine increase the chances that the jackpot is cleared out. Observing the floor and keeping an eye on which machine is being played frequently and didn't win for a while, is a good strategy. But we still need go be lucky to actually win.

Very nice to see that generation Z believes so strong in crypto currencies. Being optimistic about the future of Bitcoins is good. I am sure we will see a rising number of crypto millionaires in the near future. But we should also be realistic with our expectations because just buying a few crypto coins is not going to make them millionaires. Sure there are some who invest heavily and will make it, this of course also requires luck. How could a large part of a generation become millionaires, this would only happen if the purchasing power of the money drops rapidly. To become very rich it requires sellers on the other side to actually sell their goods for it. This requires a large number of merchants with the will and means to buy all those cryptos.

I agree that bitcoins and other crypto currencies helped us to get some form of independence from the government and the fiat money. However, we are not completely independent, we still need the good will of the government to engage in cryptos. There are countries where cryptos are banned all together which makes it very hard for us investors. It's much better when cryptos are legal and taxed by the government. Having a legal framework with regulations for cryptos increases the protection for the investor and enables us to plan more long term. Any form of savings these days should include cryptos.

Yes of course I am reluctant to deposit more money if there are open issues with a casinos. The recent boom in online gambling also attracted more scammers. If I hear that a fellow gambler has issues with a casino I will keep an close eye on it. Rising number of issues and accusations is the first warning signal that there is something wrong with the casino. Nobody wants to deposit money at a casino just two hear two weeks later that it went bankrupt. But of course we need to distinguish between slander and real accusations.

Getting 1k USD per month or 12,000 USD per year is definitely realistic if you have 1 million, but getting to the million first is the hard way. For myself I am not setting any hard goals like this because it could make my risk tolerance to high and I would be willing to take too many risks. Sure having 1 million in my depot would be awesome, but even making it too 700,000 would be nice. I strongly believe in diversification, so I am balancing my investments between stocks, crypto currencies and some commodity funds. So far I would say that from stocks and commodities I am getting between 7-10% return per year, sometimes more, sometimes less and for the crypto portfolio the returns are much higher.

Thanks a lot for your Raffle.

I would take the number 9 for both sets.

Set 3 - 9
Set 5 - 9

Good Luck all!

Hard to give a general advice for dealing with high volatility coins. For me it all comes down to how much believe in a particular project. If I think that it is a good project to invest in that uncertainty is not such a big problem. Most of the coins I strongly believe in I hold as a long term investment, with a HODL strategy it is much easier to sit through higher volatility times. When prices change in a few seconds than it becomes hard to trade profitable in my opinion. Because in such short time intervals it all comes down to who has the best internet connection and the shortest distance to the exchange servers. Unfortunately my setup is not so professional and I will be likely behind any more sophisticated trader. Best to just try and trade around such milisecond decisions.

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Will this renewed campaign only last 4 weeks or maybe get extended afterwards?

From what I read about the CIA in the past is that they use all kind of shady ways to fund their clandestine operations. Engaging in large scale drug trafficking in the past is probably the most famous one. That is why I am not surprised they are involved in crypto currencies. To be honest they could even run a few of the well known projects. Acting behind closed doors and using famous entrepreneurs as their public face is a speciality. I don't think they worry too much about regulatory aspects since they mostly operate outside of the USA anyways.

I don't think having a coin that moves 10-20% every day is a good market indicator. It's good that bitcoins are not moving so heavily anymore. It's a sign that the  BTC market evolved and is more mature which makes it more attractive for investors. Showing lower volatility means that we have less noise in our trading signals. Its very similar to the stock market where small and mid cap companies move much more than the blue chip stocks. A sideways trend is also an indicator.

It's a good idea to make new Apps to help us gamblers. Everything that helps us improve our gambling habits is a good idea. Keeping track of our wins and losses is important in all aspects in life. I am using an excel sheet go keep track of my spending, investing and gambling balances. Having a designated App can make things a lot easier. Especially for new gamblers it's hard to see the volatility in our bankroll.

It is good to read that bitcoins helped you to be less dependent on your local Fiat currency. While corruption and inflation is not that high yet in my country I also worry about them. The politicians have so much power within a country, a few wrong reforms can send the economy downward and cripple the currency. Together with inflation this is the biggest risk we face for our savings. That I is why I believe so strongly in bitcoins and other crypto currencies. We need alternatives to the state monopol on monetary supply. It became to easy for politicians to use fiscal stimulus to cover any short falls in the government budget. Crypto currencies are the future and will increase the pressure on countries to get their finances in order.

To make a constant return on your bitcoins you would need to sell them and buy them back later at a cheaper price. With the high volatility we see at the moment in the crypto market there are definitely opportunities to make some returns. The problem is that every time we trade we have to pay transaction fees and have the risk to miss out on the next rally. It all comes down to how much time and money you have to spare. I would recommend you to leave 80% of your bitcoins with the HODL strategy, and only use a small fraction of your coins to actively trade them.

My biggest win so far in a single game was in poker when I won 280 USD in a sit n go game. I usually only player lower stake games but had some free tournament buyins I could use. Usually wins like that don't happen very often, and if they do happen it's a huge boost to our bankroll. After that win I never needed to deposit new money. My biggest win in relation to the buyin was a scratch lottery ticket where I won 65 USD on a 1 USD ticket.

For me the big risk is identify theft. We are sharing so much personal information via Facebook and Instagram that it becomes very dangerous in today's world. If someone has a copy of our passport he could do a lot of harm. There is the risk that our personal information is being misused for some illegal activity which could harm us in the end. Our credit score could be negatively affected like that. And the even bigger risk is that people want to steal from us. From social media criminals easily know when we are on vacation and with all our personal information they know where we live and can break in. Maybe I am too paranoid.

This month is really wierd. A few weeks ago I thought we would see a small end of year rally just before Christmas. Politicians kept saying that the covid pandemic is not so bad anymore, many people are vaccinated and we don't need another lockdown. So economy wise this year looked better than last year. But now with the new covid mutation I am not sure anymore. It sounds like another doomsday scenario and maybe we are exactly where we were last year.