If the taxes are expensive, but the services you have access in retribution are decent I think there is nothing wrong in paying more.
It is not only about decent or pleasing service now, it mnot even be pleasing service if the tax collected from winners/punters is too high, what makes a service pleasing is the net gain after winning and also about the intrinsic services provided. If no kyc crypto gambling sites are also decent and pleasing, many people can leave the high tax gambling sites to no kyc crypto ones that do not demand for tax. I don't know why some people are worried about tax on gambling sites, isn't it taxes are for casinos only and not on the gamblers. I mean, they are the ones who are making money, most gamblers are spending money just to be entertained, so we don't pay taxes on entertainment, I think that makes sense, right? Know that they will for sure to allot those taxes in their new gees or prices since its a additional operating cost. The casino will sure to be tax but where they will get the payment? Probably to their users that they can charge thru their players or thru requiring some minimum value in playing to take care of the fees including tax sin e all online activities were banked now. |
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This is not unique to crypto only though,,, every system has inherent risk and the rewards for those who take that risk are always higher as proportional to the risk they take. The safer the system, the less the risk:reward ratio. But let us not be fooled by thinking there is no more reward to Bitcoin. It is STILL high risk in comparison to so many other existing things out there:)
Sometimes being too worried as well not enjoying the moment leadks to difficulties in accepting the profit, if there are time the market seems good take advantage on buying but still will limit on what to buy. Same with other design or fabric. Or buy in people who our not tag red or shows concern I in investing. |
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Reputation can be viewed from a different perspective, if you see an exit scam from a gambling platform you will know but when the case Is that of an individual calling out a site for scamming him/her then one need to do some verification because some of this scam accusations come from people who are paid to tarnish the image of the competitor.
I like to disagree with that because most exit scams are getting craftier everyday and they are getting more likely to get away because they look legitimate at first glance. Reputation is a thing that we should care for the most because once tainted, it will stick with you for a long time. We must be strict in determining scams, if there are already reports as well occurs problem when using that casino we must not tolerate or continue it especially if we have too much money in that casino. Better to only limit gambling. Those legit casinos who'd already built their reputation will not do anything in small amount of money so as long as you play with limited money everything can be fine. |
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It will depend on how we do Trading, even we buy during pump or dump the profit will depend on how we gonna use the money. Those who enter early or years ago already gained profits just by holding but we prefer to still get profit then we must know how to trade so we have options or control where to take profit.
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Yes, sometimes we are often confused with this one investment, because prices are uncertain and can change at any time. This is a trick in people's thinking games, especially for novice investors.so we need to be careful in an investment in the form of cryptp or digital currency. and it is proven by its price which began to decline so sharply in the last few weeks. it depends on each of us
Depending on what we think BTC is, some expect too much in just a small period of time that leads to others some stress or worst having problems due to expecting too much.know that when we expect we must know the situation or how to handle the volatility of the market since no matter how hard we think, no matter how we wanted it we can't dictate what will happen so diversify also in other investments so we have backup if the market still not going fine. |
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I have myself never looked for the license for any gambling sites because the reputation of any gambling site is only proved by it's genuinity over the period of time.
Even I think a license does not provide any usecase other than showing itself as a legal entity. But it's always good to have a license requirement to operate a casino or gambling site so that the fraudsters at least have some kind of barrier to operate it. If there had not been a license required to operate a casino then the amount of scam casinos and gambling sites would have been increased a lot.
Many countries now requires license to operate especially during Pandemic to keep their economy growing and since almost all transactions were into online now. It is already risky now to do gambling so atleast in the casino we will be playing it lessen the burden when it's registered and have liscensed since we know we have someone to run too. But its hassle so better read, research the casino we're playing with. |
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Because in an instant his fate changed, either from hardship to pleasure or from riches to poverty, if those who buy bitcoins when prices are low and sell them when prices peak, of course they are very happy, but if buy bitcoins when prices peak then the price decreases this can drop his fate from rich to poor, if the capital is from debt, the fear must be extraordinary.
That's why investments should not come from debt. When investing consider it as an excess money something that we can wait not to use when the price is too low or not to sold easily or better to use the profit into another generating investment. The market is too volatile that anyone should know how risky it is. Many tries it without knowledge ended up not really using the opportunities that can get in crypto investing. Nothing will happen if we only got fear better learn how to recover the fear by studying thearket. |
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Definitely it's BTC, though there are crypto whose goal is for long term development or it can benefit in the future. However due to markets volatile some crypto wasn't able to survive the competition among different projects and only those who are already exist along with btc like eth can be trusted for long term. Same with companies like BNB who have a reputable exchange.
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I have a friend who is addicted to gambling and his life is ruined because of it. So I understand the importance of controlling emotions when
playing gambling, but as you said controlling emotions is not an easy thing to be done by people who are addicted. Because after all, people
who are addicted can no longer think rationally, their emotions are out of control. So it takes the help of others to deal with people who are addicted.
But not all gamblers or addicted gamblers is ready to seek help,some were too immature to accept the fact that they are addicts and they need to change if they want to make their lives better. There is a need for the people who surrounds them to understand be patient and to not give up on pursuing their love ones to stop the addiction. It's hard but somehow if that person really want to change they'll be able to do it. |
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I feel going through the terms and conditions of an online casino before filling them should be considered most before thinking of using their platform to gamble a who lot of gambling sites have issues with withdraw and make the process frustrating. It's wiser not to jump into casino sites without properly going through it's terms and conditions
If everyone will be able to apply this, no gambler will be frustrated whenever they play in a casino. Some were not able to realize that not all casino should be trusted that's why it's better to check reviews or read here in forum whether that site is paying or able to do cashout without hassle. Though it's still okay to try new casinos but make sure not to put too much money in it. |
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I will give the key to my wife, therefore I want my wife to have the same hoby as me i.e. trade and also know more about cryptocurrency, so that if one day I die, I do not lose everything, whenever my wife can take my assets. for the future of her and our child
It is a must that we must have someone who knows what we're doing as well how to access our account or if we have will that can do to explain how to access it. But it will be much better if we have someone who already into it and we trusted them to know our account since we don't if something happens so all our investments will still be accessible by the people matters to us than left it in our account till crypto gone which may not happen so soon. |
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Cake tokens has been gaining popularity just like other Defi projects and that has contributed to the market value increasing, but I'm personally not very comfortable using the tokens for passive income as it requires investing a substantial amount of cake and with the news we hear about hacks on Defi platforms, I'm not comfortable with the investment.
We should not depend on single income as well on passive ones its good to invest as long as we know our limits and responsibilities in monitoring it. We should also diversify it as much as possible in coins that already proven their use as well been tested in time. As for new coins still have low chance of surviving in a volatile market especiall now that crypto is at bear season. |
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Very clever scammer, they were using cryptocurrencies to attract investor with little or no knowledge about cryptocurrencies,
because of their sweet mouth, then can convince many to put their trust in them.
I felt very sorry for those they called them self as a victim,
others believe that there someone who can be trusted, and willing to help them to earn some living, some people, make advantage to others, and is how this really works.
As much as possible trust no one especially in crypto, there are people who will truly find way to get money from others, we must study what we are getting into and as much as possible join or put money only in those projects or platforms that already proved something. But well thats how risky crypto is , many been there and already learned their lessons on not to join in some ponzi schemes but still able to recover from their experience. |
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Everyone is aware of Elon musk's behavior and people are no longer buying his tweet. And it's clear example is the Shiba token. Not as much pumped as people were hoping for after his tweet.
That's why I won't buy any tokens that I don't like myself, and I don't see any use cases for any of these three, so I won't buy them. Good luck with your picks
But still shiba get attention and able to have some increase in price during this season, some might still have Elons effect but those who got victimized buying at pump and then btc suddenly on dip already learned their lessons. It just a matter of time before Elons effect will rnd when his followers stop following him. At the end all will depend on us if we will buy or not. |
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stoploss as if mandatory for traders to anticipate if the analysis is wrong. especially if we cannot always see the market, it is very necessary to secure our capital. sometimes many people do not wear it, and if there is a rally going down they can lose more. but if we can always be in front of the market then cutloss can also be used to minimize losses
Its not mandatory as we are not all required to do it if we have a certain goal for future profit and we know what altcoins or coins we are invested with.It is needed by those who are not certain yet of what they plan as well who depend on trading for living. I do put stop loss whenever for some altcoins especially the new ones that I just invested with but when it comes in BTC I just let it and hold as much as I can. |
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For certain businesses it makes sense to jump into a cashless future today. After all only one in four bears cash on them and simply paying cashless means more efficiency reduced risk of theft and higher costs however it is not easy to have a cashless business not whether you should be cashless depends on your industry customers and how many transactions have already been made with a card. The target is to make the country's economy fully digital not in cash but in cards all transactions will be online.
We just need to always have back up, not to depend on single system or platform since there are some problems or maintenance that may occurs like when the app is under maintenance or under attacked and we need to do transactions. I sometimes have experienced not being able to pay right away since the system is under maintenance but I needed to pay that time to get the items luckily I still have another bank to use. |
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Elon musk a big name and as you can see he handles a lot of different investments, organisations, companies and those are the keys to gain popularity and trust of the people by this kind of strategy he can easily manipulate the market by making different actions recently we saw what I do to the market dump of the coins because not supporting of the bitcoin payment to their tesla at the same time we accept it again he is just trolling the market many people get affected on this. We can't do anything if we are just a small-time investors so always keep aware of the market news and other things so to prevent losing for an unexpected dumps.
The fact that Elon already prove something in business and in economy will determine how many people will believe and trust in him. Whatever his way in investing will depend on him. Lucky those who are able to ride at the time his tweets reach many supporters that join crypto, can't deny we're able to earn from it. He is a business man and Trading his investment is his choice. The dump may effected because of him but for sure it's not the end for the market with or without him, adoption will happen soon. |
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This is good time for the traders to make good profit. The fluctuation is happening in the large scale and the same is taking place almost regularly. Based on market predictions it'll take support and reach $47k and on the downward side it is to reach below $28000. In the worst situation the price will fall low to $20000. So be ready and be greedy.
Numbers are hard to trust nowadays. We can't determine up to how much it will fall before it goes to bear again. We might have some stats that we follow that works on us but may not work on others due to people's different perspectives and situation. Be greedy when we know we allocate our money in right investments as well if we have backup money or saving just in case hings goes not the way we wanted it as the market is unpredictable nowadays. |
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In my opinion, holding your tokens in the long term is better for you than selling at the wrong time and losing your assets. If you have experience, you can know when to hold your tokens, when to sell and when to buy, And all this you know from technical analysis of the market. My advice is to set a goal and not be greedy and hodl your coins until you find profits that suit you
I already regretted holding too much altcoins before, but never regrets it holding my bitcoin's before. Bitcoin still have lots of future ahead whether with Elon or not since adoption can still go wide in the future. Holding is not a problem but how we were able to cope up in the situation. It will better not to look at the chart or prizes especially if we only plan to hold than to get stress when we see it drop. Set your goal upto how much or when you'd be using you're investment. |
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Not denying that, money management is important if you are an investor, trader, gambler or just a person trying to make a budget, my point is that money management skills are a skill that is defensive by nature and it helps you to maintain your capital but it does not help you to increase it by itself, for that you need a completely different set of skills and most people are unable to get them, which means that we need to be happy to just enjoy gambling for what it is, an entertainment source.
No matter how popular gambling becomes if we don't know how to control ourselves once we play we should not attempt to really get engaged into it. There are tons of activities that they can do or deal wit. Gambling is for those who know how to stop when too much lose and know how to stop when there is enough winning. One should determine their limits and capable to control themselves. |
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