I learn more and more to just patiently DCA, whatever the price, and then get on with life. More relaxing, you still gain long term benefits and you don't lose sleep  DCA would be the key but only to those people who do have money to invest on but for those who dont have then the thing they would only do is to see their investment on a stable manner or something that they couldnt do something because of lack of funds which means that they would be holding their assets until the market would really make out some significant rise or make some reversal. Myself had already accumulate when bitcoin drops less 30k level point which i can say a good entry or buy point but it would be still risk since we dont know if this one turns out to be a dead cat bounce. Not sure you make much sense at all. So what, you're saying DCA is for people who have money to invest and holding is for those who don't have money? I don't think that's true at all. If I didn't have any money, not a single cent to invest, don't you think I'd be SELLING my Bitcoin? Because that's exactly what I do when I don't earn as much as I spend. DCA doesn't need $100, it's even $5 a month, and if you can't save that much a month, you can't be owning any Bitcoin, or you're selling it. |
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Are any of you also reducing gambling because of BTC being low price? Or increasing because you can get more BTC with same amount of money?
For me, it's increasing since I tend to base my unit sizing on USD or EURO when placing bets and sometimes I have to look up the equivalent just to double-check.  Good thing Sportsbet made things easier as they have added the three buttons that track our average bet size so it only takes one click instead of typing it over and over again. Ah so there are definitely people betting more BTC then! I actually reduce it weird right? But that is because I got most of my current BTC at a high USD price and so I am essentially losing more than the current value. Why's that weird? Because I also lowered it when BTC goes to new ATH lol The 3 buttons never seem to understand I like to bet 0.11 or 0.22 or 0.33 actually though, maybe nice to suggest a memory feature. Talking about cup of nations, looks like Pogba is voicing his opinion about being at Man Utd. Think he will be focusing on this tournament instead and the most expensive player on the red devils squad (from what I remember when I last looked late last year) just might be calling it quits there. Who knows when those big name clubs flash the money where they can not say no too.
I do not think there was a single person in and out of Manchester United who expected Pogba to stay. I cannot remember but the last game he played in where he got injured already people were saying that was his last game. Who knows though, Mbappe did a huge U turn on the final few hours of transfer deadline so anything can happen in football. I hate to say it but it's the only truth of football lol |
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I'm starting to see, and recognize that merely "accepting" deposits through the Lightning Network "because cheap/fast Bitcoin transactions" might not be enough to attract users to actually force them to use it. Altcoins have been doing the job good enough for many users for fast/cheap transactions. But shower thought, what if a casino with absolutley NO KYC as a unique selling proposition, and built directly on top of Lightning like the way DirectBet was built on top of the Bitcoin blockchain? As an example, a casino like this, but with more games, https://lightning-roulette.com/I've seen one site put in Lightning and then after a while remove it anyway despite most people there using BTC to play. Especially the past few years fees have really been cheap enough to send normally, I guess the demand isn't as much as we would have thought. And yes, maybe I feel more secure paying $1 to ensure I get it there than $0.01 to wonder if I'm doing it right. |
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Dollar cost average would work because you only have to be roughly right to benefit and its certainly far easier then watching every day in the middle of so much noise. The ironic thing I've seen many times is the best time to buy is when the price is at higher cost then it was a week ago, if that continually happens you are benefitting. A lower price can just mean in future its a lower still and thats harder to take, people get fed up and stop just as the bottom prices are occurring as often sentiment also reaches a low.
DCA but watching other factors seems good, like the current Dollar index is rated same as prior to bailouts from the pandemic. Whatever your views on if that money should have been spent, its meant the dollar was diluted yet here we are. I would only seriously state its relevance as a weather indicator, if do go down from here then its likely a high tide mark where currency appears weaker & a path for higher BTC is more easily found.
I always think DCA with all those other improvements are good, watching dollar index, watching fear and greed etc but at the end of the day, are we really good enough to make more than 10% or 20% more every DCA buy if we do that? And if most people are like me putting in $20 or $50 or maybe even $100 at a time, does it really make such a difference? I learn more and more to just patiently DCA, whatever the price, and then get on with life. More relaxing, you still gain long term benefits and you don't lose sleep |
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You know, I like to read these kinds of stuff but seriously, it's not such a big deal.
I could sell a car here for Bitcoin if I wanted to, just need to convince someone, or even just get a Localbitcoin guy to act as escrow, it's no problem. That's probably what the agent in Portugal does anyway, have an escrow for the BTC and then probably ends up selling it for fiat anyway right?
I mean, it's just publicity, still, good to know.
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I just saw there's a World Cup game plus even Africa Cup of Nations games in addition to Nations League so keep your eyes open for new specials today I guess.
I'm such an addict I put a multibet mixing up all the games, first bet in a while for me since La Liga ended lol
Are any of you also reducing gambling because of BTC being low price? Or increasing because you can get more BTC with same amount of money?
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I am asking what will you sell to buy more bitcoin if this speculation ever happens or will you choose to sell off all your bitcoin due to FUD.
Assuming this scenario actually came to happen I will still hold my coins even under those circumstances, however it is undeniable that a lot of people would have sold their coins for the price to go that low, however I doubt the price will reach those levels because that will mean the whales will let it crash so hard, something difficult for me to believe when they have invested so much fiat money in this market to the point it is cheaper for them to buy bitcoin to try to stabilize its price than to let it crash so hard. That's really all the market is if you come to think about it actually I know a lot of people still confuse price with value but at the end of the day, if price goes down, it's because more people are selling than buying. Order books eaten up just get lower and lower. If price goes up, more people are buying. It's really that simple. So there's no reason to think price can't crash until the only ones left are us, hodlers |
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No, atleast I don't think so @slaman29. He had met up with one of the clubtalk radio dj's before and had dinner with his family while they were there from what I remember. Sojouner is an old hat when it comes to Sportsbet.io meet-ups and celebrations. Sojourner the old hat. I don't believe there's any other casino or sportsbook with as many meetups in this forum, and then Steve mentioned they were also at the UCL final with other customers. When you think about the other big names here like Stake, they don't do that to my knowledge, so I guess they all have a lot to learn from the way Sportsbet does community reach |
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Loads of news coming out about the UCL final in Paris, what a fiasco, they should just punish France and never let them host another final.
Anyway though I'm also reading that the next season is going to be the last in the current format.
New season in 2023 is going to be supposed to resemble tennis, where you get seeded and ranked, and high seeds only start playing later, and no country protection in the leagues. Not sure I like it since I don't really understand it yet but seems like a weird way to change the system. More games for some smaller teams I guess.
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Let me see if you can help me understand something. Yesterday I played a few hands, but only a few, about 10 or so, and I'm sure I got a cashback, because what I had left in my account was a round number and now there are more.
Is it maybe what was being talked about in the previous page?
Yup  Happens to me about once or twice a day. I play and win one round in the same hour, so next hour I get the rewards for a placement in the biggest hourly win (since prizes are awarded next hour). But if you check the refreshed biggest hourly win, you're also in it, because of the win awarded. I didn't see if this happened over and over, I only checked 2 or 3 times. Do you remember how much bank roll you burn to get 1BTC wager volume?
I don't remember exactly but I know I had something like $300 (back when BTC was not a bad price), but I didn't start wagering yet, I just played safe blackjack on small wagers, tried to win the dailies back then, that's all. I actually built that up to more than double, and then I made 1 BTC WITH profit. Problem was trying to win the weekly wager a second week in a row, I was over $1500 and then I burnt it all to around $200. So real value lost: $100. But damn it was fun. |
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That is the plan, you can see that we already have at least 2 seasons in this topic, maybe even 3, I am not sure. I just reopen registrations and update the OP with new info.
I am also using same escrow address for the pool every season so there is a history of transactions as well.
Awesome yeah, but maybe just add a specific note at the OP to say this is for current season 2022/23. For past pool results, see end of post. Maybe it's not so important but I try to see some of the pools with the eyes of a new person and it can be easy to see the OP is old and maybe most people too lazy to scroll down and read but if they could see immediately it's an old pool with a great reputation, and a list of past prizes awarded, they might be attracted? To show off all those Sportsbet sponsored prizes past and present anyway You do a great job btw Trofo in case we haven't already said so. I still have a hard time understanding why more people don't really come and join. |
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You need bigger bankroll for this to matematically to be in good spot.
Only play then their blackjack with 0.28% house edge, nothing else.
I agree, it's all mathematics (probability, likelihood of losing as little as possible while making 1 mbtc wager 100 mbtc haha) and the lower the house edge, the better. So Blackjack is the only thing to play long term. However, to avoid variance, play smallest amounts, but you'll get such a slow wagering effect (this is the reason I asked for auto). In this case roulette can help you a lot (but high house edge). |
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While gaining experience is good we must also remember and make sure to cash out the profits from time to time otherwise you just had good memories and no money in hand. There are times when I regret not selling my assets at the right time because I got too greedy and later the price dropped and I was never going to sell them for a loss at all when I knew I could have made some good money instead.
My crypto trading experience tells me that nothing is permanent and one shouldn't be emotionally attached to their assets because if you miss the peak there is no shame in selling them for lesser profits rather than waiting too long and left with no option but to close the trade for loss in the end.
But that's the basic point in trading: enter at a specific target and more importantly exit at a specific target. This means if you make a trade you already know the price you will close the trade, whether that's at profit or loss. If you're just entering and hoping only for profit, you're in for a bad time. Profits shouldn't be "time to time" but planned well in advance. And if trades don't go your way, then minimise losses. It's called limit |
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Practically every day I guess, but I'm not sure what you mean by real world as the example you gave kinda means physical world.
I deposit/withdraw and spend for sure every day either on gambling (which is the most) and paying back friends for bill split (one person pays for all of us and we split later, I send and they send me back, BTC, it's like our way of using BTC without selling it), and rarely but sometimes gaming.
If you take out gambling then it becomes maybe once every 1 or 2 weeks.
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Trofo, since this is still a new pool (newish), I wonder if it's a good idea to keep the OP as a sort of announcement for CURRENT season and then below that keep a history of results and payments etc or Superbru link to result. Maybe, this may attract newbies who see the pool is old, pays out, and has good results Or maybe they see casperBGD always wins and get scared I dunno lol |
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One thing to mention the Behind the Bet stream was one of a kind I just saw a bit of it (was not online live to see it as he spoke) and as usual we saw Sojourner's question get asked (they love you there it seems man). IIRC every edition Sojourner gets a question in. Does he have a secret line open to them to get asked or am I just imagining seeing him all the time. No offense buway today I'm responding to you everwhere lol |
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^ Don't feel too sad about it. Why don't you just buy the whole season tickets for Liverpool and if you can't attend then at least you can sell the ticket to someone who wants it? I don't really know how it works but here for football in Asia you don't really get season tickets, you have to buy all of them as they come out.
Anyway, nice end to the season nevertheless. Hope Barca is part of it next time.
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And again I'm late for the weekly tournament even though I was prepared before  @n3iamar won for the 2nd time 2 weeks in a row I got a little bit about how he plays so allin at least 3 times from the initial balance and waiting for other participants just hope to get good cards in the first 3 rounds if we are lucky then 99% come out as winners. That's what I call big balls haha! But no worries, seriously, even I've stopped participating in the weekly until: A) I have enough bankroll and for me this is minimum 50 mbtc (which is about $1500 dollars right now). And this means personally collecting about 20 mbtc and just gambling enough to win. That's how I did it before, from 20 I gambled carefully to about 50, and I didn't even get much wagering. But that bankroll allows you to wager a lot (while losing small bits). B) People aren't super active otherwise you have a lot to beat! GL however. |
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Sorry to you Liverpool guys for last night. I personally thought you deserved it, but on the other hand Real Madrid knocked out the holders and two of the best teams in Europe, City and Liverpool, so they also deserved it. They don't play Champions League finals, they win it, and so the adage proved. Great of you to pay off the winners also buway, you really like making things nice for us gamblers, too bad I haven't won anything from your sponsorships |
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