First of all, growing is not really going to depend on your merits since merits are just needed for you to rank up here in the forum, but still, the most important thing is you are learning here in the forum and gaining knowledge that you need on investing in Bitcoin and Cryptocurrency, etc. But if you are really aiming to increase your rank here there is no other way around it but to make a quality post, something that is going to be useful here in the community. I mean getting merit is still going to be a chance because it wasn't going to be guaranteed merit every time since you need other members to give you merit in order to get one that just means that you need to make them think that your post is commendable or merit worthy post, so that they would probably going to give you merits because of your quality post. I mean you could check most of the topics here in the forum that get a lot of merit and you could observe that most of these topics are useful topics, especially here in the forum, or some kind of tips or probably instructions, etc.

Still, I wouldn't really going to motivate you to actually aim for merits, You just continue your journey in the cryptocurrency space, and then in on way with that, you could use this forum as a guide and at the same time as you learn things on your way you could share as well most of the helpful things that you learn as well here in the forum, and for sure your going to rank up on your way as well, the same time as you learn and gain knowledge which I think is the best way to rank up here.

It wasn't clear since you didn't mention the specific strategy or information that you are telling But for sure it is a very important thing to have on gambling the information.

What I mean by this is having that information is for sure going to help you win, increasing your chance of winning,what I'm talking about is having some kind of analysis, strategy, or pattern etc. Like for example if you are going to just bet on sports gambling since you can't really predict accurately whose going to win you could just pick anyway, but if you are going to analyse or if you already watch like for example NBA, know the players, stats etc. Somehow you have a good idea which team is stronger and whose team has a higher chance of winning. It might not be accurate for sure, but it surely going to increase your chance, if your going to match a NBA team to a normal team Its pretty obvious that the NBA team is going to win, but if you dont have that information your just gonna bet on anyone anyway since you dont really know anything about it. Strategy as well, is going to work if you know what information is going to be useful like in a card game, I mean there are games where you could have good strategy, like knowing that one card like for example king is already reveal you already know that the king is not going to appear again, but if your not aware of that your surely going to lose if you doesn't have the right strategy.

I get your point, one of the most important things of all when it comes to gambling having the control on your gambling if you have control and you know how to limit your gambling it is not going to be a problem in the long run it is possible that it is just going to be one of your entertainment and also a possible source of income as well if you are lucky enough, I mean for sure not everytime your going to win on gambling but it could be a source of income as well for some gamblers.

Personally, I do limit my gambling a lot, monitor every move and budget, making sure that the money I'm using is just the money that I can afford to lose, and it is not going to be more than 5-10% of my enough so that even if I lose this money I could easily recover from it, I mostly just do sportbetting because this is where I have higher chance of winning and I really like NBA and basketball sports since I already like watching NBA its can easily be a good entertainment for me, plus gambling on it adds more fun on it. I only do around 10$ every bet and the winning could be around x2 or x2.5 which I think is already worth the risk so far I'm able to win a reasonable amount. Im able to grow my money to more than 400$ even though I only started on around 50$, I think that is a pretty good source of income and entertainment for me.

For sure you just got scammed and I doubt that you still going to get your money back since you already sent it to them, I mean there are tons of scammers, especially on the telegram platform that is doing this kind of thing, similar to this one that is someone asking for investment, It was a pretty basic way to scam people in telegram asking cryptocurrency investments. There are already tons of cases that is similar to this one so for sure your included in it already.

I mean that was pretty obvious that it was a scam, you can't just trust anyone on Telegram since you don't really know him, It's already a thing that Telegram has a lot of these scammers so it was obvious already from the start If you wanted to invest on cryptocurrency and Bitcoin what you need to do is invest on your own do your own research and never let anyone invest for you. Doing some kind of research or background check for sure is not going to work especially on Telegram, it is very easy to make an account on Telegram so searching about there made up names and companies is your not going to find anything about it so there will be no reviews something like that. You should have been extra careful because you don't really know these people, I mean just searching this Worklite Uni Options company thing on Google doesn't even appear any kind of website so that's already a red flag, you should never give or invest some money, you should only do it by yourself.

I'm curious about what do you do on fees since there are probably huge fees when the network is congested especially if you are using Electrum as your wallet. Even though you used other options or networks it would still could probably .5 cents of fees but it is still a fee that the customer needs to pay, I mean if you are going to ask me if not willing to pay that fees so that I could buy something using Bitcoin, Personally I would just use what is convenient to me which is fiat money that is obviously going to be much easier, I mean if something is not convenient enough to someone there was no point on using the other one unless it is convenient when it comes to you.

Just like what I mentioned in the past I think the Bitcoin is still not ready to be used as a payment method just because of the volatility of the market price if you are going to integrate it into your business that is going to take a lot of cash on your business, on your business you need to have cash flow on course if a lot of people buy using Bitcoin you can't just sell that Bitcoin for sure at any time you like because it can be a bad timing or probably the market price just drop. Its just like you are continuously investing on Bitcoin everytime someone pays using Bitcoin your investing on it already, so it's still not perfect, where something like an E-wallet could easily do, like fast transactions, it might take some time for the transactions to get confirmed in the network or worse could get stuck as well. If on bad timing your transaction could get stuck on the network probably would take days if you are unlucky, that could also be a thing because transactions might get canceled or get stuck for a very long time.

I think if you are addicted to gambling you're immediately going to see it and know it, for sure it is not for everyone there are still some that is not aware of it, probably if you're getting worried about getting addicted to something and you keep on monitoring your bets, games, etc. your probably fine because you still do limit your gambling and having that control on your bets. When I overspend on something I know it on myself that I bought something that is really expensive and it is going to reflect on my funds, at the end of the month salary is not going to be enough to pay most of the bills since I spend it on something, I mean that was pretty obvious I know it on myself I was just pretending that I can buy something just because I really want that thing something like that.

I'm pretty sure that if you are a gambling addict you know that you are doing something that is over the board and really excessive, but I guess the thing here is you just don't want to accept the fact that you are a gambling addict, that is where it gets complicated since you don't acknowledge that you did excessive gambling and fixing addiction is not going to be easily at all because its going to be a long process for sure.

So this is for sure a good reminder to always examine yourself if you are already doing something of that is excessive but doing that you getting aware if you're betting excessively, you could easily change most of the things that you are doing wrong if your already aware of it avoiding mistakes and avoiding getting addicted.

It's probably a good way to gamble, most of gamblers gamble in order to make a lot of money winning on their bet, but still, there are some that are doing it as well for entertainment, Personally, I do it as well, without having the hope of winning the bet because If I do it that way I wouldn't really going to hurt as if I was hoping to win, If you're going to gamble an amount on gambling you should treat it as it was already lost, since it's already at risk then if you win the bet it's going to be a good feeling overall, then if you lose it wouldn't hurt either.

I mostly do it on leverage trading just setting the stop-loss just letting it do its thing overnight and hoping that in the next morning, it is going to make some profit probably, and there are for sure a lot of times where I lose a lot of money but it's a great feeling when I woke up and seeing my phone that I win that trade not hitting that stop loss, just looking at my account it already has some money.

I wouldn't recommend doing it, since it would just take out the fun on it, for me gambling should be entertainment and betting at the same time, we could probably say that it is fifty, so if you're going to gamble like that it would take out the fun on it, then you're just doing it for profit then which is not a good practice because we should not threat gambling only as a source of income because it is not a guaranteed one.

Family, friends, and everyone that is close to you are probably the one that is gonna be the ones the is going to be affected somehow by your gambling addiction, Probably just because they are the ones that are concerned about you because if they are not concerned about you they probably wouldn't be affected at all since they probably doesnt even care at all whatever happened to you. But mostly your family and friends are going to be concerned about what you are doing they already know that gambling addiction is going to have a bad effect on you, especially on your mind and finances. I mean personally if I have a family or friend that I addicted to gambling for sure I would help him, even with some of the advice just to make him realize a few things, it wouldn't probably help that easily but it all needed to start to himself, if he doesnt want to change there was just nothing that we can do about it.


I mean they should want to help his self first, if he doesn't really want to help themselves then there is nothing that we do about it, all of it just needs to start on his self first in order to fix their problem. He really needs to admit it to himself, so that he can undergo to a process in order to fix his addiction etc. It might need the help of a professional when it comes to addiction so that he could undergo to a certain program that is going to cure his addiction.

I mean the market price is just really volatile at this time of the market so a single little news could easily affect the market price of Bitcoin at any moment, so there is a lot of manipulation of the market at any moment, bringing up this kind of news right now, especially on a hype market is going to make them some money, if they wanted to buy more Bitcoin they could release hacking news that might scare a lot of traders making them sell of, But it's true that at this moment hackers are getting a lot more aggressive since there are a lot of traders out there that are vulnerable to hacking just because there are kinda new to this trading thing. There are for sure a lot of Cryptocurrency projects that is being developed with and scammers are finding new ways as well how they are going to trick newbies in the space.

As you get more knowledgeable you can easily avoid these kinds of scams and hacks, so what you just need to do is make sure to do a lot of research in order to protect yourself from it. Because hackers cannot hack you if you know something about how they do it you know the right thing to do in order to avoid it. Most likely it is still going to increase because of the hype in the market, there's nothing we can do about that because for sure they are earning a huge amount on hacking people so they are not going to stop unless they are not earning anymore.

Well, there is luck involved of course when it comes to cryptocurrency, but it doesn't really mean that all of the Bitcoin depends on luck, just like gambling I mean when it comes to gambling that is probably where luck is a huge part of it, but still it is still wasn't one hundred percent going to be all about luck at all. There are still going to be strategies, pattern, analysis etc. that is going to contribute in order to win on a gambling, on sportsbetting we could say that no one is going to predict who is going to win the match at all, but if you could analyze every player or know whose the stronger one that could easily overpower its opponent you could predict that it is probably going to win, it still wasn't one hundred percent but still going to increase your chances.

It is going to be similar to profiting on Bitcoin, it wasn't all luck, but it is going to involve luck, I mean there are only a few people that are able to invest in Bitcoin when it was just around 100$ something like that, There is luck enough to risk their money on Bitcoin at that they even though they know that there was no guarantee that Bitcoin is going to increase its market price. You could totally do a lot of analysis and research about the market in order to make a prediction since the market is driven by supply and demand, something that could say that movement in the market is going to depend on news, rumors, etc. that is why some people buy rumors are able to make some a profit on it.

Probably, frustration right? most of the time when a gambler gets frustrated with a game, that is when he gets hit by his emotion ending up wanting to win more and his greediness is going to hit and put him to make a bet that he cannot really afford, for sure there are some gamblers that know this limitation but I mean if you are frustrated you could easily do anything that is wrong.

There are also some cases where the gambler becomes overconfident, what I mean is that first, he or she doesn't really have money to start betting with, he just started a bet without even having the money to pay, and he or is just overconfident that he is going to win, or probably what they called a sure win, I have a friend who uses this kind of strategy if you can even call it a strategy, he just doesn't have any kind of money but knowing that he is going to win, he bet money on a game even though he don't have money to pay because he know that he is surely going to win that. This means he is going to make money without even having the investment to start with, then that win could easily snowball to a lot more wins, and then after he already has won all of the money of his opponent which is pretty crazy since you could easily get into trouble doing that.

That was pretty normal for sure since there are traders that are going to take profit in that market price and we can't really blame them because Bitcoin is still a risky market putting your money on it still going to take a huge risk, you cannot withdraw your money that easily if you are waiting for the right market price if the right market price hit it is always recommended to take profit if you can because it wasn't guaranteed that it is going to happen again right now, I mean if you think of it, it already takes years because even right the All time high market price again, if your not going to sell right now it might take years again before you could get another chance to sell at this level of the market price.

The market is still a continuous cycle, the price could skyrocket, then traders that invest early might sell then there will be a pullback, a pullback is going to be an opportunity again for the last traders to reinvest their money, or for new traders to go in on the market, it's just going to be a huge cycle, but there are always going to be an opportunity to invest and make a profit.

Seems a little complicated but for sure both are going to work anyway, but it is just going to be a hassle for sure people especially if you are just a newbie at this kind of thing.

The way I do it is to put it on a flash drive and then put the flash drive somewhere safe like for example a vault of something, then I have another copy of my seed phrase on a notebook which is also hidden somewhere safe to something like a vault as well. I mean not too flashy but I guess it is already secured, as long as you could put it somewhere safe you're still going to be okay, just need to avoid putting it online like clouds or something like that because I dont really believe that those are secured and online are always vulnerable to hacks to there is always the possibility to getting hacks. Unlike if you're going to put it offline, there is no possibility of getting hacks the only thing that you need to worry about is this, but I guess as long as you dont give too much information you're going to be safe, not everyone knows about Cryptocurrency, Bitcoin, etc. so they wouldn't really go to be interested in it unless they know that you are holding some kind of wallet, so just make sure to do not give away too much information.

I plan to have a steel plate copy back in the day I guess I just forgot about it and didn't add it to my plans, would plan to do it as well since its a good thing to have in incase there was fire involved it still not gong to be a problem.

That was a pretty common mistake I guess, of the traders especially newbies or beginner traders end up selling their investments since they just doesnt have enough experience and knowledge on how they are going to manage their investments in cryptocurrency, Like what is happening in the market today, a lot of beginner traders for sure are buying right now which is probably pretty high considering we are already or we already reach the All time high of Bitcoin market price, I mean it wasn't really a good time to buy at a time like this, but still, it wasn't a wrong move I guess, but the thing for newbies is getting there emotions on the trade, when they see their investment depreciate they just can't stand it and always end up selling on a loss in the end. If you are going to think of it even though the market value drops your volume is still going to be the same, so in terms of volume you didn't lose anything like if it is 1 Bitcoin when the market price drops, it is still 1 Bitcoin. So the bottom line is you're not going to lose anything if you're just not going to sell.

So what we needed to do is just to not rush anything, if we just always buy low and sell on high we are always going to end up getting a profit on it, But the main problem is newbies are rushing to make a profit because they just doesnt have the financial foundation yet to sustain investment, they always make it there main source of income, what they need to learn is be patient go long term if you can't sell at a profit today.

As AI technology continues to progress we have already seen a lot of things that AI can actually do to the point that a lot of people think that it is going to replace a lot of jobs in the future, We just do not know it yet but for sure it has a major effect on major businesses, As an artist I could already see how the AI develop so fast to the point where it can generate photos, video etc. with just that I can see that it can be very helpful on a business, but not totally right now, and also this AI is also developed by developers so it's gonna need a lot of developers for sure.

If you are thinking of AI as a way of tool like something that is going to help you to win on a gambling website I dont really think so right now, I think chatbot probably could provide you some kind of strategy that you could use in gambling but in the end, the winning is still going to depend on your luck, suggest might work or might not, I just dont see developers gonna develop some kind of tool in order to win gambling, but that could easily be the thing if that happened but for sure casinos are going to be aware of that, I mean they are the platform so they could just easily do something about there platform to the point where it is going to be safe on AI. I dont see any thing on AI that is going to be a problem, rather it is gonna be used on the backend as AI continues to progress, we already see a lot of developers getting help from AI on how they are going to develop a secure and great platform.

Probably not when it comes to dominating Bitcoin because they were just too far when compared to market cap so probably not going to happen even for some famous meme tokens in the market. But when it comes to making profit this meme tokens are for sure have a higher return even when compared to Bitcoin,Ethereum and other famous altcoins out there, because of its high volume supply and low market value, you could easily buy a huge volume of this token in the market which means you could easily multiple your investment on it easily, but for sure comes with a drawback as well because of the volatility it could easily pullback its market price.


Meme Tokens

Still, the return of these meme tokens is really high on a 7-day average up to 300% of return which is x3 of your investment, your not really going to get that on Bitcoin even though it reaches 100k$ probably if you're going on a leveraged trade you could.

I think meme tokens are really great when it comes to quick profit, its kinda risky but with the control amount of investment you could make a quick bucks of it, still it doesnt have some kind of utility so I would still avoid it on long term investments.

Keeping your money just means you're saving your money for funds, saving or keeping your Bitcoin are assets that could possibly generate profit in the future, in the case of Bitcoin it has a volatile market price so possible that asset might be worth more in the future compared to just saving your money in the bank, it might get interested but very low interest, not to mention we have a huge problem when it comes to inflation so its probably not going to be a good idea.

It doesnt necessarily mean that you're good at saving your money then you're going to invest in Bitcoin since we still have a lot of different investments that we could make not just Bitcoin, I mean someone could just start an online sales business if he just doesnt prefer investing in Bitcoin because Bitcoin is still a risky investment, it's still doesnt have enough proof that it is going to sustain its market price in the market. The value of Bitcoin just depends on supply and demand, meaning there was no kind of backup value that supports it, something like GOLD as a tangible asset, so we could easily say that the market price could also be based on the hype in the market. After a few years we dont know if Cryptocurrency is still going to exist at all, but on your business it is going to depend if you successfully handle that business it could be bankrupt if your not careful but you handle the responsibility of it, it might become a bigger business.

Making cash on gambling for sure is probably not going to be a good idea as a main goal but for sure it is a part of it since you couldn't even call it gambling if it doesnt involve money at all, so money is always going to be a part of it, still gambling doesnt mean it's going to be a good habit and gambling might have negative effects of gamblers like addiction, frustration, depression, etc.

It's not practically a bad thing to gamble at all but the thing is if it is going to be excessive it could easily turn out to be an addiction in the end, as long as you are going to limit and gamble only a control amount it's not going to be a problem at all, like for example only 5% up to 10% of your income you're going to use it to gambling, I mean even if you lose all of that money it's not really going to be a problem because you could easily recover that amount like on your next salary.

It is true that most of the games are dependable on your luck but there are for sure some tricks, patterns, and analyses that is going to work, considering there are so many games that you could play and gamble, like for example on sports betting, if you're just gonna depend on luck the chances of winning for sure if going to be low, but if you know every player know which team has a higher chance of winning your analysis could easily be a good head of increasing your chances of winning.

It was for sure a common case on a lot of gambling casino websites, I mean it's a pretty common tactic for sure for some platforms in order to leave their users no choice but to do the KYC, personally, I dont really trust any gambling casino platform that wanted some kind of KYC because I just think that it wasn't really needed, plus giving up such information is a big risk, especially on a gambling website where there are so many scams or hacks happening, there are also a lot of cases where data are being sold, including sensitive data like this so if you're not going to be careful it could end up worst.

Just make sure to read everything before even starting to put some money on a gambling website because this could easily be the case if that is the case it's kinda your fault for not reading the details and now doing enough research on that before even starting to put some funds, It is easy to pick since there are tons of gambling websites here in the forum that are already trusted here, it could easily be a green flag if your trying or finding a good gambling website that you wanted to play with, Also most of the trusted website here doesnt required some kind of KYC at least in most of the gambling website that I tried.

I mean I dont really see KYC as a thing anymore in a lot of gambling websites since a lot of gamblers instantly don't like having some kind of KYC, probably some would be willing to on top gambling websites that they know and trust.

Bitcoin is a cryptocurrency and stocks are shared by a certain company meaning owning a small portion of that company or something like that, the main difference between the two is the volatile market price of its shares. Since Bitcoin has a volatile market price and the stock market has a very slow market price and doesn't have a twenty-four-seven market, unlike Bitcoin where you could trade anytime.

If you're going to invest on eToro most of it are shares so you could buy stock out there, but they also offer Bitcoin there, I guess the best thing on their platform is you could copy something trader trades, there are a lot of traders there that has high profit, I think you could see that on there profit most of there trades meaning you know if that trader lose a trade, I have a friend who does copy trading on eToro and he didn't really need to do anything at all since he could just copy trade other traders trade.

To answer your question, If you buy like for example 1 Bitcoin it is always going to be 1 Bitcoin whenever the market price increases or drops, the value of 1 Bitcoin when converted to fiat money is the one that is gonna be affected, so for your if you buy 250$ worth of Bitcoin then the market price drops you're going to lose its value but it would not really matter if you're not going to sell because it is still 1 Bitcoin when the market price increase again the value might be back to 250$ again. So yes it doesn't have a huge difference when you buy stocks you could still keep your 1 Bitcoin even though it has zero value. Bassically you're not going to lose money unless you're going to sell your Bitcoin or your shares, as long as you buy low and sell high your going to make a profit on it.