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3101  Alternate cryptocurrencies / Altcoin Discussion / Re: Choosing the right time for profit on: September 13, 2021, 08:06:24 AM
Speculation is something that is done by every trader but not executed successfully by many.
The right time for profit is anytime when we have at least 1% profit out of the current trade. The profit % can obviously be big but shouldn't be less than 1%.
To take profits at the right time we must have a clear strategy in our mind and also we must be able to execute it successfully.
But many get indulged in FOMO and ruin their strategies and end up in loss.
If we aim to create concrete profits, then  we should learn to avoid FOMO as this won't bring any positive result but only losses. Choosing the right time for profit is quite hard knowing we can't even predict the market correctly. But as long as we see the investment grows and create good profits, then we can start reaping it before the price goes down again and lose the profits.

Most of the time, greed is also a big factor why we still end up losing even if we see already profits on hand. If we keep on waiting for higher profits despite of the high price volatility that cause sudden price changes, then we might see ourselves fall for the trap that leave us with a huge loss instead of a good profits.

FOMO traders are bound to make losses because they do exactly what the experts want them to do.
They buy high and sell low which eventually lands them up in big losses.
Greed is definitely an additional factor which turns the profits into losses but it also sometimes increases the profits to a bigger extent.
This is why we should always stick to your targets and exit when we are in profits.
3102  Bitcoin / Bitcoin Discussion / Re: Bitcoin as primary currency on: September 12, 2021, 01:14:45 PM
If you have a day job and you want to vet the salary in bitcoin then you can contact the finance department and request them to send your salary in bitcoin.
Most probably they will deny because most companies do not have such policies to give out salaries in bitcoin.
In this case the only option you have left is to buy bitcoins on your salary day and hold them in a non custodial wallet.
If you have time to do some side hustle then there are many platforms on the internet where you can do online work and get paid in bitcoin.
You can explore the services board and find things on the marketplace board if you think you can trade them and make profits.
There are websites like fiverr and upwork where you can do online jobs and ask the clients to pay in bitcoin.
Many people do such jobs as a side hustle.
3103  Economy / Gambling discussion / Re: Fate or lack of control - Gambling on: September 12, 2021, 12:09:24 PM
No such thing as fate, that meant that everything that happens to you, you deserve it when in reality it's not. I don't know if it's been said in this thread already but the people that blames the unseen forces/fictional personas for their downfall in gambling and losses are people that are afraid of themselves and doesn't have the capability to carry the responsibility of their actions. Afraid of themselves because they can't believe that they're responsible to their own actions.

Action is what we do and Fate is what we get as a result and if we keep doing a particular action on hope of changing the result then that is lack of control.
The result of our actions is not in our hands and so we should not worry about the result and keep doing the actions until pur goal is achieved.
Restricting ourself from performing an action over and over again is  a skill that not many people possess.
The people who don't possess this skill are the ones who have a lack of control and often lead to losses.
3104  Economy / Gambling discussion / Re: Metaverse x Gambling on: September 12, 2021, 08:26:09 AM
Idk how else would it differ from other P2E schemes, but given that there are elements of poker embedded on it, I'm sure it will quickly gain a following and supporters. The NFT space is growing more and more every day, and with such projects like this, the growth would only accelerate. The problem is, at the end of the day, it's just poker, so it will be hard to persuade people to transfer over to metaverse just to satiate their gambling needs. Then again, the NFT space is looking more and more promising by the day, so I think there's already that for people who are still quite unsure if they should jump ship or not.

Perhaps I'm wrong, but NTF has long been reminiscent of a superbubble or even a fraud when, for example, the dumbest "collections" are made and, by means of boosting trades, tokens are given a value that they do not have just in order to sell this garbage to someone. In my opinion, all this can burst at any moment.

What I think is that the concept of NFT is great but the way it is being used currently is shit.
The implementation of NFT is technically sound and can give many utilities but it is just being used to trade digital art these days.
People are selling shit arts for thousands of dollars which makes me feel this is definitely a bubble because who would pay thousands of dollars for a drawing which even a teenager could draw.

NFT has a far better usecase than this and I think gaming is one of them. NFTs in gaming can change the way how NFTs are utilised.
3105  Economy / Gambling discussion / Re: Prayer and gambling. on: September 12, 2021, 08:10:33 AM
~
There is a confusion here. The confusion of Grace and luck. Most religion don’t even condone gambling. They discredit gambling and think of it as the work of the Devil. Because if more than half the religions forbids a certain thing, I think there’s something wrong about that thing. Some people might pray to their god or anything that they worship before playing a bet. If the the outcome comes out positive, they think their god answered their prayer and they keep doing that. Personally, that’s LUCK. It just naturally happened. But some will think you’re graced to win a certain bet or something. Gambling is a game of luck. Because most religion Prohibit on gambling so I think it is not a good thing.
What a bunch of bull crap, so you think gambling is bad because of your religion? I am not religious and i do not follow a like a herd and follow everything due to some bullshit crap written centuries ago. There is no such think as the devil or god to begin. Only people can behave like a devil or a god depending on their character. There are multiple forms of gambling and there are luck based and then there are skill based gambling. The choice is yours which one to select and there is multiple forms of gambling you can choose from.

Personally, I think the same. Even I don't believe things when people say it's written somewhere in a book written by someone centuries ago.
We can't simply believe something written which can be easily manipulated. Following something is an individual's choice  and although we don't accept something like a herd we should not disrespect other people's beliefs.
But yeah, gambling is definitely something based on luck. If you are lucky you win else you lose.
God won't be sitting somewhere just to wait for you to pray so that God can grant him the wish. Again, praying is just a habit that people have developed over the years and doesn't mean God is hearing you.
3106  Economy / Gambling discussion / Re: Dice multiplayer theory on: September 12, 2021, 07:46:47 AM
Dice is the most popular game in modern-day casinos. The reasons remain clear to me but am a fan of dice, as it doesn’t take much energy to play and win on a single game.

But I want to know the basic theory to play within a multiplayer?

I haven't seen any dice games which has a multiplayer mode but even if it does then it would probably be the same.
Single player or multi player doesn't change the gameplay of the game you are playing.
The basic theory remains the same for most of the games. In case of dice you just have to roll the dice and wait for the result.
If the result is in your favour you win and else you lose and it's the same whether you are playing as a single player or a multi player.
3107  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: September 12, 2021, 06:50:49 AM
Back in 2017, I tried to find out some freebitco user who won the lottery and posted it in this forum. I was able to find four lottery winners here and two of them included a screenshot of their mailbox. It means freebitco send a message to the lottery winners about their winnings. So don't worry about it, you will be notified by mail if you win the lottery. Here is one of those winners post

Thanks. That's a good info and now we can confirm that we do receive emails for winning lotteries and so we can say that there will be lesser people who would not know that they have won the lottery.
Only such people who would be inactive on freebitco.in and also not accessing their emails would fall into this category.

okay this cracked me up big time  Grin Cheesy Cheesy, more likely to be hit by meteorite than win with one ticket lol. lowkey i dont disagree with you but like you said it has happened before so i guess its time to wish we had meteorite level luck in other to win the lottery

Now that I think is over exaggerated because I think the probability of getting hit by a meteorite is lesser than winning a freebitco.in lottery.
We don't normally get hit by a meteorite every week but we do get a lottery winner every week.  Grin
3108  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you guys think on: September 11, 2021, 04:04:36 PM
I fellas I have two questions to ask crypto experts and investors in this forum today

1. Is this a good time to build crypto portfolio?
2. Do you really think that bear market will be a dipping as 2018?

Now that crypto is gaining more investors day by day and crypto adoption is increasing massively I don't think that the next bear market will be crazily low like 2018/2019, what do you think?

Its always a good time to get in and buy some crypto and you always have the option to Dollar Cost Average which is the safest strategy.

I don't think we will be seeing similar levels because the crypto market is maturing every year and bitcoin has proven again and again that it recovers from every dip. This has created a trust among bitcoin holders and more people are just HODLing to their bitcoins which further creates a lesser dip.

3109  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it wrong to be a long term holder on: September 11, 2021, 03:51:41 PM
Being a long term holder is not that easy because there comes times when it is so tempting that we get the craving to sell whether it be because of a bull market or a bear market.
But still many people keep holding on to their coins because somewhere in their mind they have decided not to sell until a specific price has arrived.
This is generally when they believe that the particular coin will definitely reach that price or may be because of greed.
Even I believe that the coins in my portfolio will definitely reach a price I have in my mind.
Also, long term HODLing can give massive gains which even trading cannot give sometimes.
So being a long term holder is not wrong but actually a tough job.
3110  Alternate cryptocurrencies / Altcoin Discussion / Re: Choosing the right time for profit on: September 11, 2021, 02:23:01 PM
Speculation is something that is done by every trader but not executed successfully by many.
The right time for profit is anytime when we have at least 1% profit out of the current trade. The profit % can obviously be big but shouldn't be less than 1%.
To take profits at the right time we must have a clear strategy in our mind and also we must be able to execute it successfully.
But many get indulged in FOMO and ruin their strategies and end up in loss.
3111  Economy / Trading Discussion / Re: Best taking profit techniques to maximize gains out of the upcoming blow-off top on: September 11, 2021, 12:57:05 PM
According to my technical analysis, now is a good time to take profits by selling some coins and buy back later.
But while placing sell order instead of selling a % of my coins I sold them all. Now that I have sold them I am waiting for the market to dip a little so that I can buy them back.
But the price seems to have stabilised and not moving in either directions. I will wait for some time and monitor how the market behaves.
What do you guys think, will the market dip further ?
3112  Economy / Gambling discussion / Re: YOUR FAVORITE GAMBLING? on: September 11, 2021, 12:29:08 PM
I really do like community games like blast I actually like playing in Bustabit and of course I do like sports betting too. I'm still looking for games that was not commonly see in the casino we have right now something like unique gameplay, right now I'm looking at NFT games but I don't think it can be consider as a gambling site.

I started my gambling journey with bustabit. At that time I was not much familiar with gambling and was quite astonished as to how could it be so easy to make the money double in just a fee seconds.
It was then that I understood that it is all or nothing where we could lose all our money in gambling.
Since then, the crash games have been my favourite and honestly we all lose our money in gambling if we gamble frequently.
3113  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: September 11, 2021, 11:51:30 AM
But then if the account wasn't active how did it get the 2 lottery tickets.
May be one of its referrals played some spins which gave him those lottery tickets.
Yeah, it seems that it's enough to have only one referral to get a couple of lottery tickets and win a huge prize. By the way, does freebitcoin send emails to the lottery winners or not? I mean, it's funny if an inactive user won the lottery, but he still doesn't know about it.
Simple to know that, when you subscribed to an email notification, you will get it. (When you won something it will be credited into your account balance, right?).
Just ticked email subscription - deposit and payment notification on your profil.



Right now I want to for sure, Lottery is very difficult to get it, I just disable it and change it to a Reward point, in RP we can exchange it to satoshi every 100K RP (a bit slow but sure)

Yeah I think the same. We get emails even fir the Satoshis we get as interest for holding BTC on our freebitco.in account.
So I think we would definitely be receiving emails for the winning lottery rewards.
Freebitco.in or someone who has won a lottery can confirm this though.

I would still like the lottery tickets option enabled because we never know how just 2 Lottery tickets can help us win a lottery whereas for reward points we would need to collect a minimum amount of RP to exchange it for something.
3114  Economy / Trading Discussion / Re: Investors their mind on: September 10, 2021, 02:27:01 PM
It's joyous to make gains in trading. The problem is how does one control his mind when there is a huge lose

I have traded and made a lot of mistakes which has lead me to a lot of losses and trust me it happens with the best of us.
The only way through it is to accept the losses and not repeat the same mistakes again.
When you accept the losses only then you will be able to move on and continue trading normally.
Also let's be honest here, there is no success without failures because failures are the stepping stones to success.
3115  Economy / Trading Discussion / Re: Did you profit from the dip on: September 10, 2021, 02:03:19 PM
I didn't make any profit from the recent dip since I am not trading these days and just HODLing.
But yeah I did buy some coins in the recent dip to have my buying target fulfilled. So far it's going good.
I believe when the market pumps I will get a really cool profit out of it. I think the dip won't last long and in a few weeks or days may be we might see another pump.
3116  Economy / Gambling / Re: BC.Game-🔴🔴🔴BET RED IN CRASH!🔴🔴🔴 Find More Unique Games! on: September 10, 2021, 01:51:44 PM

I think it works in both ways. The casinos don't need a license to deliver good service but having a license always gives the site some extra credibility and can draw more people to the site just because of that.

When it comes to dealing with fiat and crypto, a license helps to protect their asses. For auditing and legal issues.

If one operates on solely on virtual items (i.e. skins) then there's no need to.

Do you mean assets or asses ?
Well in both cases a license does help to protect it. lol  Grin

Not having a license but giving the best experience to it's users helps the casino site in building a good reputation but having a license while giving out the besy experience not only builds a good reputation but also increases its good will in the community.
3117  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: September 10, 2021, 09:52:05 AM
Yeah right, 2 lottery tickets. Just 1 free spin will get you 2 lottery tickets just like that. That person should be lucky as hell.

If you think about it, there is a possibility the account that won with only two tickets might not even know that he won for a while lol Roll Eyes. Having only two lottery tickets for an entire round of lottery means that the account isnt active in freebitco.in because he would have had alot more if he either claim the free spin or gamble but he only had two and he got that from a single free spin

There is no reason for him to check on the site regularly if he isnt active but I think that account probably knew by now lol  Tongue

But then if the account wasn't active how did it get the 2 lottery tickets.
May be one of its referrals played some spins which gave him those lottery tickets.
But then again I don't think the winning account would be inactive for a long time.
How lucky would we be if some day we just open our freebitco.in account and some bitcoins lying in there  Grin
3118  Local / India / Re: satoshis as reward points for fiat spendings on: September 10, 2021, 09:29:12 AM
This is quite an old project now, I think this was posted a year ago by Web tricks too when he saw this website for the first time. https://bitcointalk.org/index.php?action=profile;u=322010 This person claims to be the founder of this website and this company is registered in Singapore.

The problem with this model that I think is that you pay the company for a card which enables you to get some cash back into the same card, the company itself currently is relying on the customers who don't use the card that much to pay off those customers who would use the card, This model would only work if the company is able to get some partnerships with E-com websites where the E-com websites issue cashback to the users if they pay through these cards and this cashback are converted by gosats into bitcoins, otherwise, company is just repaying the same money which they took from customers as one-time fee-generating no revenues for itself

Now that's an eye opener. I wonder how large is their customer base.
If what you said is true then I think their startup won't be able to survive in the long run.
Most of the discount offers won't be available for these cards and since they don't have any partnerships their revenue will keep decreasing if user base doesn't keeps increasing.

I don't see myself using it, as just using fiat tends to give more discount on shopping websites. I was early access user and have 15k sats, waiting for them to add that spin-a-wheel feature, go big or go home Tongue

So you mean you are already one of their users ?
If so can you let us know how useful the card is and how much have you earned so far ?
Is it worth investing in the card ?
3119  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: September 09, 2021, 04:24:48 PM

Yeah it's funny that those with about 10k tickets haven't enough chance to win 1/10 lucky ticket  Cheesy
Based on the number of lottery tickets that some people have, the chance of winning the lottery becomes more realistic to some, especially the prize pool will be shared between ten winners. Although, by the number of tickets collected by free spins and wagering, the prize pool seems to enough small that let anybody think that's it's almost impossible to win among thousands of tickets (some even have about 10k tickets and didn't meet his chance)

It really takes full luck to be a 1/10 winner.  If you already have 10K tickets but don't become one of the winners, then I, who only has hundreds of tickets, is enough with empty hopes.  Although luck no one knows in the end to whom.  For the next, maybe have to undergo some special rituals to be 1/10 winner Smiley lol.
Honestly, I do not think winning with few thousand of tickets is that interesting, it happens all the time. The ones that I am still keep getting shocked about is the ones that win with less than 100 tickets. 100 tickets is nearly nothing, if you claim WOF like once a day, you will have so much tickets, and it is nearly free as well. I have to say that not having more than 100 tickets and keep winning is something we get to see nearly every week these days as well, last week there were 2, but I am not getting used to it. Like anything above 10k is already a boring result for me, and yes all winners under 5k at the same time was a weird one but individually it is not that weird.

However even though I have seen it a million times, I am still getting shocked whenever there are people who wins with under 100 tickets, the sheer odds on that is insane.

That's because it all boils down to how lucky you are. I have seen people win the prize with just 2 lottery tickets.
Yeah right, 2 lottery tickets. Just 1 free spin will get you 2 lottery tickets just like that. That person should be lucky as hell.
I have held mre than 8000 tickets once but still won nothing. So I just left the hope for these lottery tickets.
It would just require 1 lucky day to win the rewards nor matter how many lottery tickets you hold.
3120  Economy / Gambling / Re: Dice on BTC in Telegram on: September 09, 2021, 03:19:14 PM
Thanks!
In the near future we will try to reduce the withdrawal  to 0.005BTC
Trying is not enough. You need to implement it asap and the value needs to be something like 0.003BTC or lower. Anything higher will basically deter investors from investing in your game.

0.003 BTC is still pretty high. I will never consider this telegram but unless the minimum withdrawal amount gets reduced to 0.0003 BTC.
I have seen such bots scamming people and OP has no way to prove he is genuine.
Also there is no provably fair algorithm implemented which shows that we cannot trust OP's telegram bot since he can easily manipulate the results whenever he like.

can you explain how the provably fair works in the bot?
The bot returns random values using the standard function.

Random standard function is not really random. The randomness of the standard function can be compromised.
Using a provably fair algorithm is the only way you can prove it's really random.
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