Such slogans are useful to promote the idea of decreasing the supply of available Bitcoins for sale on the market, so the demand rises, while the supply remains the same or even decrease, meaning Bitcoin's price increase this way through the basic supply and demand law of the market.

Of course nobody is going to just hold Bitcoin forever, because it doesn't even make sense at all, considering money exists to be used and to be reverted in benefical consequences for ourselves. Why would anyone have a tool if they don't intend using it anytime futurely? Just as a collectible, maybe? That would be a waste, anyway.

Personally, I would say to not take these effect phrases too seriously. Make good use of your coins by analyzing how it can be useful in your own life. Don't follow or copy what others are saying just to be part of their group or to look cool. It's actually dumb and doesn't bring any good for you in the end, rather only frustration and regrets.

Confidence doesn't mean a positive record of outcomes on long run. Sometimes I'm pretty sure about a match's result, but in the end the result is completely the opposite from what I firstly expected. There isn't a general rule or recipe on what you should do to improve your performance in sports betting. Even in this niche of gambling industry outcomes are too random to be predicted with some accuracy on long term. You still has to rely on luck, anyway. That is sad, but it's true.

Sometimes games' results are so unbelievable that we start thinking they must have been fixed, as the only possible explanation for what is in front of our eyes, going completely against our expectations, as if we didn't have any notion of reality to predict the result so wrongly. However, at same time we can't prove anything, so all we can do is to accept the loss and move ahead.

Even if the method works, I suggest everyone not engaging in fixed matches bets, because it's cheating. People involved on the scheme aren't being scammed, but they are scamming the fools on the other side who believe the games are fair and legit. This is dirty money for the winners.

It's up to each one to believe it or not, but dirty money doesn't bring anything productive to us. The group's administrator isn't trying to help anyone to earn money. He is simply decreasing the risks of losing big money through an account ban, so he uses a hundred of strawmen to place small bets for him, then he profits on the quantity of bets made, from many different casinos' accounts which are managed by his strawmen.

I don't like these terminologies very much, so I just prefer to call it a Bitcoin investor, Bitcoin enthusiast or Bitcoin adopter. I think it sounds and looks more formal and harmonious to my ears and my eyes.

Bitcoin is an element of study which embraces Economics, Technology and Cryptography. It's not a sole science, so I don't think the study of Bitcoin can have its own personal nomenclature. It's a niche of cryptocurrencies's field, which can be inside the subjects of an Economics' course, for an example. Maybe a name for the subject like "Digital Currencies" looks fine.

If there are any graduated economists around, would you postgraduate in cryptocurrencies' area? Or does it look another shady attempt to milk money from online coaches?

I'm not totally against the parents on this matter, since I'm not on their skin to know for real how hard it is to deal with their sons. In some cases parents really have to give up on their sons, so maybe life can teach them something. Too much attention and protection can have a harmful effect for some individuals. Instead of seeing that as something good and benefical, they just sabotage themselves, going against their parents, deciding to stay by the side of wrong and dangerous influences from "friends".

And the more parents make effort to help their sons, more distant and rageful these teenagers become. It's a delicate situation to deal with... Maybe these teenagers have to lose in order to learn something and get aware their parents were right all the time, and that they should get distance from such "friends" who don't add anything productive and uplifting to their existence. Probably everyone here have already seen cases like this for real, being gambling practice involved on the situation or another practices such as drugs, alcohol, crimes and so on.

The main point of gambling is to entertain yourself. It's like going to the movies for those who like going to the movies. It's like going to the nightclub for those who enjoy nightclub. And that is all. Gambling isn't a job or side hustle, although there is a small chance you can leave the gambling session with more money on your pockets than you firstly entered. However, it's necessary to be conscious it will happen only to a a small portion of gamblers. Most of them are going to lose the more they play, and that is inevitable.

Regards your friend, why did he borrow money to gamble? Isn't he aware of the true nature and purpose of gambling? Doesn't he know there is something called house edge which plays against him on long run and forbids him from overcoming the house? He should be aware of these things. Maybe you could try explaining and enlighting him, so he won't commit this same mistake once again in the future. For now, let's hope he is able to repay his debt with success, without creating further debt in the future, especially gambling debt.

I agree with you. Talking about currencies I see no other alternative besides Bitcoin for long term gains. Even dollar and euro which used to be strong currencies to be used as reserve of value aren't trustful anymore. They are also heavily impacted by inflation, so we have to appeal to Bitcoin currency or another categories of investments such as stocks market and real estate. Anyway, I wouldn't pick any currencies besides Bitcoin to hold considerable sums of money.

And in my opinion everyone who cares about their future should start thinking on this same direction in order to thrive and remain relatively sustainable and autonomous in this chaotic world. Bitcoin is one of the few things we can trust nowadays because there isn't a central figure behind it changing the protocol (or the rules of the game) all the time.

On the other hand, that is what happens in our countries in real time. Authorities aren't to be trusted anymore. Their promises are empty, as are their actions in order to improve the economy. People who put their lives on the hands of authorities are under severe and constant risks of losing everything...

It's possible the athlete doesn't deal well with pressure considering the history of events involving him shared by you. Skills aren't the problem, as he displays outstanding performance at the beginning of competitions, but as the matches go further he feels the burden over his shoulders and can't find internal mechanisms to calm down and remain focused on the game like he does at the beginning of the tournaments. Under high pressure and expectations cold athletes perform better, because they are able to maintain their moods despite aversive scenarios presented to them.

The arrogant, though, is too choleric to be able to remain stable. That must be part of his personality, so it's really hard to change, although not impossible, I suppose.

There are several threads created by OP on this forum, where he always let very clear he is an avid gambler who takes big risks and enjoys placing heavy bets. I don't know what is true and what is fake on his stories, but it's always something which fascinate many users here, as we keep imagining how that can be legit and what would be the impacts of such bets in someone's life for real.

It's intriguing to think someone is willing to place 1 million dollars into a single bet, while he could just split it into many minor parts to bet on different events, decreasing his chances of losing this entire bankroll in one shoot, at least.

However, we shouldn't neglect the fact there are very wealthy people in this world who wouldn't bother at all losing a few million dollars just for fun... It's a same world with very different personal realities containing on it.

It's true. People have to be taught the logics and rationality behind gambling game, instead of just learning it should be avoided at all costs. If they don't understand why gambling should be avoided or taken in small dosages, why would they do this in first place?

It makes me remember my childhood, when adults told me to avoid bees, because they were dangerous. Other children screamed and ran from them, but I simply couldn't understand why they acted like that, since bees looked inoffensive to me. Due to that belief from my part, I decided to kill one with my bare hands someday, just like we use to do with flies.

Then for my surprise, I felt a harsh and continuous pain on my hand and it instantly swelled, due to the sting. If people had explained me why bees were dangerous instead of only saying they were dangerous, I wouldn't have acted like that.

The same goes with gambling. If people don't know why it's dangerous, of course they will go for it without any precautions, at least not until they feel a harsh pain on their pockets...

May I ask you if by following this strategy to reach better VIP status you made more than 500$ profit through the extra bonuses and promotions?

By my understanding it doesn't worth to play aiming further VIP levels, because the money you are going to spend on the process of reaching there is superior to the potential rewards you are going to have access once you achieve the VIP. The system is designed to favour the house, not the gamblers. And that is how it works in every cases, with very few exceptions which are more and more scarce as this industry gets more popular.

If the huge money casinos use to feed social influencers were reverted into giveaways and other promotions for gamblers, gamblers would feel much more appreciated by the services they have been using, and then we could assimilate such offers as more worth to be pursued.

Schools are places where we learn lessons for life, so I really don't see any issues in introducing gambling addiction prevention through lectures and conversations. It seems a very solid and constructive matter to be addressed during high school. There are lots of possibilities to talk about this theme, like inviting addicted gamblers to share their personal experiences with the students. Teachers can also bring real cases of gambling addiction and what was its impact over the lives of the individuals involved on the process. All efforts seem valid.

However, I can't see gambling as an equal threat when compared to alcohol and drugs. Gambling isn't a cheap addiction. It demands the individual to have a constant flux of money on his banking account, what isn't the case of teenagers, as far as I know. These young individuals don't have banking accounts, they don't have jobs, so how can they fuel a potential gambling addiction? On the other hand, alcohol and drugs are much more accessible and even free in many cases, as there is always a friend willing to introduce others to these noxious practices.

Well, that wasn't a hard decline. Bitcoin reached the 70,000$'s mark, and it's now at 65,000$. Hard decline would be to retreat to something like 40,000$. Bitcoin is holding position quite well despite so much manipulation by whales and institutional investors. Sudden increasements in price can happen at anytime and push Bitcoin above the 70,000$ line once again.

That is what I'm expecting and waiting for this post-halving season. I believe once the price rises, it's going to happen at once without previous warnings or chances for investors to join the pump in real time. So it's necessary to hold the coins beforehand.

When people don't read instructions or don't care at all about them, I fear their only chance is to learn on practice by their own mistakes. Many of us here have already learned that way, so I think it's not bad at all, since you are able to get a valuable lesson from these experiences in the end.

It's just bad when the gambler commits mistakes and instead of learning something with them, he keeps commiting more and more mistakes, repeating patterns while expecting the results are going to be different.

We can understand mistakes from newbies or beginners, because it's part of the process of getting familiarized with an activity you never had any contact before, however, I really can't understand such mistakes from experienced gamblers as something natural, rather I see them as something pathological.

Destiny means something is determined to happen to an individual in every cases. And it's out of his control to wish that thing happening in his life or not. He can seek or avoid it, and in the end the result is going to be the same. Personally, I don't believe it with much enthusiasm, because I think the causality law is more logical, where everything you sow, you harvest later.

Every actions have consequences and that is what bring positive and negative outcomes to our lives. Regards gambling, destiny won't guarantee you a winning, because in order to win, you have to gamble, and if you gamble you are acting somehow towards the goal you are looking for.

It's like going to work and saying that to receive a promotion is destiny. In fact it's not. It's causality law on practice, where you are dilligent, skilled and a working hard person, so you are rewarded for your effort and contribution.

In gambling you win because you took the risks and played the games, not because it was your destiny...

There are many scammers offering business and investment opportunities for crypto enthusiasts on the internet with very good margins of profitability. In order to keep their platforms operating and paying users, they appeal to risky activities such as daily trading and gambling. It's the case of ponzi schemes, hyips and even some lending platforms, as we have already seen in the past they going down once their schemes failed due to the irresponsability and bad character of the services' managers.

More than being careful with people's money, you have to be careful with your own money in order to not send it to one of those scammers who are going to steal or lose your hard earned money which took you several years to accumulate. Always you see a very good offer to be true, you have to decline it, because it's something sketchy which won't guarantee you any safety or guaranteed returns on long run. It's like paying someone else to gamble with your own money. You aren't going to have fun playing, but you still share the same risks of losing everything!

Any news or updates regards the case involving the contest winners who had their accounts maliciously invaded by noxious scripts and their funds drained to unknown wallets? How is it going or have ended after all? It has been already some days since everyone got suddenly silenced about that.

It's important to have a clarification about the current status of this situation, so we can know if the site is taking any measures in order to prevent the same happening again futurely, while also explaining what has really happened, and if it's the case, refunding the prejudiced users as well.

Yes, and I guess it does happen due to the fact gambling is much more simpler than investing on stocks market. Stocks demand knowledge and study from the individual, while gambling is just an entertainment activity people put on the role of a job, source of income or side hustle, where they just have to click buttons and set bet sizes. It's the dream's job of everyone! However, it's not for real...

It would be perfect to make a living from gambling, because it's fun, easy, instant and abundant! Influencers and casinos sell this concept to the public, and the public absorbs it. So why would they invest on stocks, since it looks much more profitable and easy to make huge money from gambling? Then, it's indeed not a surprise to see so many people prefering to gamble than investing when aiming for gains.

Moreover, we live in the era of immediacy. Everything has to happen 'for yesterday' in the lives of the individuals, otherwise they get angry, anxious and desperated. Gambling seems to fit that role very well at first impression, until they realize it's not feasible...

There are different reasons. One of them is the fact gamblers are still inexperienced with gambling, so they can't understand or believe why they are constantly losing the more they play, even though it seems really unlikely to hit long loss streaks quite often in theory. In practice, however, it happens more frequently than they would like. The first reaction might be a feeling of bad luck, and that it can be perfectly reverted if they try another time with a larger bankroll. So they keep trying twice, three time or more, always hoping that the next time the game's results are going to be different.

As we know, it doesn't happen, to they end losing a lot of money on the process of chasing losses. Anyway, it's expected that as soon as they finally understand the nature of gambling games, and that there is a house edge favouring the house on long run, they will stop playing or will decrease the frequency they play, besides changing their objectives towards gambling activity. If they aren't able to do that change, then I fear they might have already developed a dangerous addiction.

You can also run Martingale strategy with some modifications, like instead of doubling the bet size on each loss, you increase it a little less, or doesn't increase it at all on every consecutive losses. You can mix Martingale with random bets and see what happens... There are so many possibilities, although I fear it's inevitable you keep increasing your bets on losses within time, otherwise you won't make any profit in gambling, anyway, neither on short run, neither on long run. Many veteran gamblers don't like Martingale, but I ask how can they play without using this strategy somehow?

I think it's not possible. It's bad to gamble with Martingale, but worst without it, I suppose. So you have to choose the lesser evil in this case when choosing what strategy to apply to your gambling session.