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.

If we are just going to compare graphs we can clearly see how Bitcoin is going to overpower Gold when it comes to its value whatsoever, I mean to be fair Bitcoin is still a risky investment and has a volatile market price that we don't really see on Gold, there are some movement on Gold for sure but it wasn't as volatile compared to Cryptocurrency and Bitcoin. Most of us for sure is going to prefer Bitcoin since we already have knowledge about Bitcoin, we know its capability and what it can do, Most of the oldies probably are going to prefer Gold as an investment, I'm just saying that most of them don't have any idea on Bitcoin and that means that they will stick to the investments that they know already has a proof-like investing in Gold evidently increase its market price through out the year.

For me, the main problem with Gold is its supply we surely know Gold is in demand in a lot of industries but we just don't know its supply because we still do not know how much Gold is out there, even though it is very difficult to get it takes so much time and energy to harvest this Gold, maybe there are a lot of tons of Gold out there that maybe could overpower the demand.

Different story on Bitcoin because it has a fixed supply of 21 Million not to mention that the mining process is slowing down every year, we know exactly how many Bitcoins are going to exist. Bitcoin was surely designed with similarities to gold, It is being mined as well, has a low supply, etc. which is probably why a lot of people are calling it digital gold.

I would still invest in both assets but probably not going to be a lot when it comes to Gold, but its great to have multiple investments to be safe, because Bitcoin could drop its market price at any moment gold is on the safer side. You could just never go wrong with diversifying your funds.

I mean that was pretty normal I guess and happened to most of the gamblers, there are just really sometimes when your emotions could hit and you are just afraid of losing then end up going on the safer bets or maybe instantly cashing out just to make it safe right. I have many similar situations because when I gamble what I really don't want to happen is to lose my control on my emotions, like losing it and end up losing all of my money on the bet because I get frustrated in the bets and want to get my money back.



It happened to me a lot of times already, but I would agree to just stick with your instinct on a bet rather than regretting it in the end but still, if you think that you already make a good amount on your betting I would easily cashout that money, then continue growth the small amount again to accumulate profit. As you can see I usually do 500PHP of bet which is around 10$ only low bets with a much higher return, with the strategy I could continue with any bet with no problem even if I lose since I could easily recover from it.

You could probably say that to some of the investors who are just investing because of the FOMO or just wanted to earn profit and ride the increasing market price thinking that they are going to make a huge amount of money if they invest right now, I mean it's not really wise, there are some traders that don't really want to invest and only start right now because they see that the market price of Bitcoin is just increasing to the moon, they easily get FOMO by the increasing price. Because for sure it is not a good time to buy Bitcoin right now Bitcoin because they're for sure going to be a correction in the coming months, the best time to buy for sure is when there is still no hype in the market like when the market price is around 15k%.

Still, if you are investing in long-term investment there is no case that you could still buy Bitcoin even right now, I am still accumulating Bitcoin and continue to buy even at the peak, but I do some adjustments to lower my buying power and decreasing the volume of my buy every week. But mostly if you already established your investment I would start selling a small percentage of my Bitcoin, Mostly I do a small percentage as well every time it reaches 40k,50k,60 something like that.

It is for sure depends on their strategy on how they are going to make a profit in the market right now, but I wouldn't call them fools the thing here is investing right now is a much riskier thing than doing that when there was no hype, so you just need to be more careful and have a exit strategy but you could still make a profit.

Well, Welcome to the Forum Alec, It's a good thing that you found this forum because this is probably the best forum or website to learn about cryptocurrency, Bitcoin, and stuff. As a newbie start exploring first here in the forum and get familiarized here just make sure to follow the rules here in the forum to avoid getting banned for sure. There is a lot of discussion happening here in the forum so you could explore what discussion you could join and there are as well local boards if your country established one here in the forum, It probably great to start there because the discussion there is on your native language and your discussing with your fellow countryman.

Of course, my advise for new people here is to start your own journey already on Bitcoin and cryptocurrency, you could already start your own research about Bitcoin and Cryptocurrency, then learn to invest already. Its not necessarily need to be a huge amount of money you could totally start with a small investment, but the main thing is your gaining that experience on your investments, and on your way there you have this forum where you can easily ask anything you want, if you encounter some kind of problem or you have some thing and you still doesnt know you could easily ask here in the forum, ask members about there experiences, gain knowledge and learn from other members mistakes.

I mean I get your point here, for sure saving and investing and different, also investing is much better than saving because investing is something like buying an asset that could potentially give you some kind of return like for example you buy or build an apartment which could be a passive investment because after you invest on that money it could probably give you consistent high return because of the possible payment of the rent but the thing is it could potentially generate you money.

Then saving is just gathering your money like for example in a bank, it could probably be your salary or every time you get the money you're going to get a small percentage of that put in the bank until you save a huge amount of money, potentially will get a very low interest since it's saved on the bank. So it's understandable if people who'd think that saving is not going to make you wealthy or rich, but still it's going to be an important thing to have, since having liquid money or savings that you could easily use is a convenient thing to have.

We could situate it to its own risk because like for example we have investments like Bitcoin or cryptocurrency that could probably be a good thing overall compared to savings but it has a drawback because of its risk, is investment a guaranteed profit? not really right, We could say that it is an even better thing to do but after a few years if Bitcoin does not exist anymore can you still say that investing in Bitcoin is better than saving?

The thing here is Saving is important we could just call it a foundation, it's not going to be wise to just invest in something without having some kind of savings as a backup plan, and then we have investments or assets that is going to generate our income it could be investing in Bitcoin or could be a business.

The statement already tells everything about it, which just means that there was no need to recover those coins at all, it has some kind of benefits for all of the Bitcoin holders and theoretically could increase the market price because it just lowers the overall supply of Bitcoin, you could consider them as burn I guess but technically not burn supply it is just hidden or lose to a wallet that will never be open again because no one knows the password.

I mean there was no way to recover these Bitcoins anyway there was no need to recover this Bitcoin unless you were the owner of it, it might be a huge loss on your part but still it's going to be your fault for not saving that seed phrase or password.

Also, there was no reason for some people to have a claim on that Bitcoin because it wasn't really their Bitcoin, I guess they might be some kind of hacker thinking if it is possible to hack this wallet.

Remember as well that these are just estimates no one really knows how many Bitcoins are lost, if you're going to google it it's around 30% probably they just based it on the Bitcoin that is not been moved for years.

I'm not familiar with this kind of investment in casinos but my take here is just the same as others, I wouldn't really do it for some kind of interest even though it is a fair amount of interest return I guess just because it doesnt really have any difference on custodial wallets, or some kind of exchange where you're putting your money, I mean in the first place it wasn't really recommended to put a huge amount of investment or savings on that websites like exchanges just because you just doesnt have full control on your money right, Im not saying that all casinos are but there are most scam websites of casino one, and I would probably say that there are even higher chances that these casinos might go bankrupt something like that right, compared to exchanges casino as well doesnt have the transparency of exchanges where you know the team or CEO something like that.

It's obviously a red flag, if you doesnt have control over your money dont put it on there because they could easily freeze your account, and you're not gonna be able to recover it. For me in comparison its even better to put your money on the trusted exchange than putting it on some casino for interest.

I mean for sure it might not work for the long term but at least it works for a short amount of time, I guess that is already enough at least in my opinion. I always find some kind of pattern in most of the gambling games that I think could possibly work for me, I usually do some kind of low bets strategy after winning a huge amount, which is my strategy because I think after winning a huge amount the chances of winning again for sure is gonna be loser the next bet so I usually low bet on that and most of the time it kinda works on most of the game. I mean it wasn't really an accurate strategy how there are times when you could experience multiple wins in a row right so doing low bets right now be a good idea but still great to find some kind of pattern that you think could be a good strategy, it wasn't really a bag idea for sure to try it since you think your winning most of the time if your doing it. Just dont do it a lot of your already having consecutive loses for sure, if your having lose streak then its easy just change your strategy to something that is working find another pattern again.

32 - Asuspawer09

Thank You! 

That happened to me a lot of times already, probably because I do low bets most of the time, there is a strategy that I do most of the time, every time you win a huge amount of a bet the next bets are going to be low bet for sure, but there are times that multiplier is hitting big time where you dont really going to expect. I mean it happened in most of the games even on sports betting when you dont really expect it, but on some electronic gambling games it actually happened a lot to the point where you think that it is already kinda rig like that, the time you low bet that is where you hit a huge amount, I mean there are always a possibility right, and we just dont know the back-end of different websites. Probably just caught gambling encourages them to make more large bets since they think that it is possible to win huge if they just huge bets at that time. There is always some kind of regret when that kind of thing happens, that is going to make you make a huge bet.

Para sa akin parehong mahalaga ang Diskarte at Diploma, kaya dapat magtapos pa rin tayo masmaganda na nakapagtapos tayo at may edukasyon dahil knowledge pa rin ito at iba pa rin talaga kapag nakapagtapos ka para kang mayroong backup plan, masmaganda na nakapagtapos ka ng pagaaral tapos may diskarte kapa, maraming nagsasabi diskarte ang mahalaga dahil nagawa nilang yumaman kahit wala silang diploma, pero para sa aking swenerte lang sila kaya nagawa nila ang mga bagay na yun.

Tama din yung sinabe ng isang influencer sa youtube, kung yung mga nagsasabing diskarte lang ang mahalaga sa buhay at hindi ang diploma, sige nga edi wag na nila dapat pag-aralin anak nila kung ganun din naman pala, turuan na lang nila kung papaano dumiskarte sa buhay dahil hindi naman pala mahalaga ang diploma.

Naging trending lang talaga ang mga pasikat sa Facebook dahil na rin gusto nila makakuha ng views, nakakatawa rin yung mga influencers minsang tulad nung Frank, kahit ikaw malalaman mo rin talaga na puro kalokohan lang pinagsasabi niya.

That is just pretty normal right since the company is having a huge problem they just can't sustain enough employees when COVID-19 hits there are a lot of employees that is caught in recession if they will not do that the company might not survive. Probably there were just politics on some companies or people that just doesnt want to do their job on it, I do not really see it yet for sure there is some possibility that another global disaster could hit that might result like what happened on COVID 19 but it doesnt really matter. You could just focus on your own career and personal growth, personally, I dont really think that finding a job is gonna be difficult, I think finding a job is easy because there are tons of jobs out there, but finding the perfect job that you like is going to be difficult. But it is a recession is always the case when a country experiences negative GDP, there will be a huge amount of people that are going to be unemployed,not to mention there are huge inflation, and probably the country has some huge debt.

There are a lot of airdrops happening right now for sure I have some airdrops especially on Solana network around 50$-100$ depending on your accounts, I mean there are people who have multiple wallets as well that is able to receive multiple airdrops, Also because of the Bullrun there are as well a lot of new airdrops out there if you're just going to look.

Since its Bullrun, there are some things like ETF of course, which recently happened on Bitcoin now they are buying the rumor since it is already approved on the Bitcoin side, and most of the traders think as well that it is going to happen on ETH as well, that is why ETH is increasing its price, probably XRP as well for sure in the future they will buy the rumor.

Of course, we have the Bitcoin halving as well which is already near, I mean it is a pretty big hype in the market considering that the market already skyrocketed to 60k$ so might as well increase when the halving is near.

On NFTs, I dont have enough information since I dont do NFTs anymore but I see a lot of new launch projects on the NFT side with my friends most of them are gaming.

Well congratulations, I mean that 50k$ was really a life-changing amount for him for sure and she is very lucky to win that kind of amount, I was betting on the lottery as well hoping to win a huge amount of money, I mean that bet was really cheap around .4$ I think so it wasn't really a big risk for me, but the chances of winning are just so low for sure because it's a 6 number I think. I mean yeah right we all think of what we will do to the prize money already  even though we have a very low chance of winning I guess we kinda get blinded by that money so we still hope to win.

There are a lot of people here in my country who win the lottery and end up broke after a few years, so she definitely needs to be wise with win winning or else she could end up the same.

Still holding my Bitcoin, not gonna like its kinda tempting a little bit looking at my Bitcoin investment increasing the market price I kind of wanted to sell it sometimes but still, I'm holding aiming for a higher profit. I mean not to be greedy but I bought and accumulating Bitcoin for a long time already so I think I have a lot of room for profit and hold for long-term investment. I mean I'm for sure aiming for more profit for sure, at the moment I dont really need the money yet and even though I sold it, that is not really going to be enough to bough something like an asset, I was originally planning to buy a house or land if I sold my Bitcoin, still, I think that it is not a good timing yet to sell, Personally, I think the highest peak of the market is going to be next year or probably up to 2026, After the Bitcoin halving event there will be a one-year thing where the price could be stagnant after that is probably where the peak is going to happened, still waiting for that opportunity, in theory for sure it if we are going to see the Bitcoin halving timeline but it is still not guarantee to happened still I wanted to see how it goes.

I kinda like your strategy actually selling it by portion I mean there was still no guarantee on Bitcoin market price even though a lot of us are already hoping and probably know it already that Bitcoin might reach over 100k$ in the future but still, we can't deny how risky Bitcoin or cryptocurrency investment is, there was no guarantee to its market price since the market is just drive by the supply and demand in the market, in theory with the 21 Million supply it might probably skyrocket in the future because of its limited supply and high demand by something could easily come up and probably after a few years Bitcoin might not exist anymore we just doesnt know it right. So selling as long as you are profitable is always going to be reasonable for me, I've done selling a small percentage as well in the past Bullrun and I can good profit on it.

As long as you buy it at a low price and sell it at a high price you gonna make a good profit on it right, so there was no loss on your part, you can always remember that profit is still profit and you can always buyback, the market is a huge cycle so there are always going to be an opportunity to buyback.

It is true for sure, I mean inflation is a huge problem around the world and it is just because of the broken system in the government, there was nothing really that we can do about it because we are run by the government, so as long as they wanted to they could easily print money as long as they wanted to which has a huge effect on as that we called inflation, because of the fiat money infinite supply the value of fiat money could easily go down and it could continue as long as its increasing its supply.

There are still some things that we could easily do to avoid inflation like for example investing in Bitcoin or Cryptocurrency, or maybe we could put our money on gold, we the upward trend and limited supply we could fight inflation even though it wasn't for sure a guarantee investment, but in theory due to its structure with limited supply or 21 Million we could easily assume that in the future the market value of it is gonna continue to skyrocket.

Still, fiat is still an important thing that we need and it has a value that we use in our everyday life, saving as well wasn't really that bad, in my opinion, what important is our mindset, having the financial mindset is the thing that we really need in order to achieve financial freedom in life, as long as we have the poor mindset like for example keep on buying things that we dont really need and we can't really afford there was no way that you could ever achieve financial freedom in life.

It is possible, I guess with some kind of agreement maybe, but there was no way that it was going to happen automatically, debts are not inherited by family members for sure so you have no obligation to pay or anything something like that if your family or something has somekind of debt or a gambling addict, but for sure it is some kind of problem for the Family members, I mean debt are just personalbut for sure they could totally pay it they really wanted but it wasn't really some kind of inherited thing.

At least in my country, it would probably be a great idea to ask your lawyers about how the law works in your area and ask for advice what you should do, I mean its still kinda different on many countries. Maybe there will be some kind of claim on the personally side of the gambler for sure if there was a huge debt, like if he own a car there might be some claim that the casino could do probably.