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3221  Economy / Gambling discussion / Re: Is gambling attracted to emotion or luck on: August 13, 2021, 03:26:59 PM
I mostly play Dice and don't really know how to play other games and I how wish I know how to play games like you do. Can you or anyone else can please help me with some explanation on how other games are been played for I will love to know.

You can learn any game to play as there are literally so many guides available on the internet.
Also, there's a website called btcgosu.com which has many guides for crypto games.
They also provide website reviews for many gambling websites.

Apart from that I must tell you that only learn to gamble in other games if you are gambling for fun and not to earn profits.
3222  Alternate cryptocurrencies / Altcoin Discussion / Re: Which NFTs are worth the investment? on: August 12, 2021, 03:31:15 PM
I personally think NFTs are just a hype and it will go away with time. I think it doesn't have any real usecase.
I do think it can be used for in game items but otherwise it's just a waste of money in my opinion.
Sometimes I wonder how come people are paying millions of dollars for something which they can't utilize.
But yeah I understand that everybody has their own priorities and they are willing to pay such amounts for it.
3223  Economy / Gambling discussion / Re: Is gambling attracted to emotion or luck on: August 12, 2021, 02:44:40 PM
The house is about revenue which also means you can win sometimes because thats part of the game, really determining your likely odds is not about how anyone feels that day but more about how many won recently perhaps.   I much prefer sports betting for that reason, the crowd can be completely wrong on the odds and prospects for a game and you can just focus on the game itself.   Slots and other games its much harder to determine the chances I will win big, just set a budget and keep to it because another day can completely different and its best to try it all on just one day.

That's a pretty decent strategy to have higher chances of winning and not wasting money in the regular gambling games.
I have played many games in gambling websites and most often lost it all while I have also made some bets in bitcoin and ETH price predictions and won most of them.
I guess I should stick to predictions rather than gambling games to save a buck  Grin
3224  Economy / Gambling discussion / Re: Accumulating small odds or choosing one or two big odds on: August 12, 2021, 02:32:34 PM

Makes sense.

In the end it all depends on the gambler's priority. For me, I want to make some predictions and I want to win the bet.
Yes the rewards after winning the bet should be the worth placing the bet too but I just play for fun most of the times.
So I just put in very small bets which is why I care less even if I lose the bets  Grin
It's okay if you lose since you use spare money, amount that you allocate for some entertainment.

There are gamblers who loves taking higher chance of winning, risking their bet with small odd and enjoy it when they
manage to predict the right pick to win, while for some they are conscious with the risk that they are taking,

 better to take high odd and see if luck will permit them and have a much enjoyable exit.

Yes that's one way of thinking. It gives more thrill if we choose a high odds bets and win it for real.
Also, choosing the best at random is something that gives a thrill as well.
Instead of calculating all the wins/losses and analyzing the predictions just choose the bets at random and see if luck favors you  Grin
3225  Local / India / India's first cryptocurrency unicorn venture CoinDCX on: August 12, 2021, 12:28:11 PM
I don't know why google has started sending me notifications about things I browse. But one of those notifications landed this post here.
I received a notification this morning from Google where it lead me to an article with the title "India gets its first cryptocurrency unicorn".
I thought for a moment and was wondering that India already has so many cryptocurrencies yet these guys are claiming to be the number one.
As I read the article I came to know about the term unicorn venture links to a startup company with more than $1 billion valuation.
So I thought of sharing this post here and see how you guys react.



CoinDCX has started raising funds for to increase it's workforce and attract more Indian users into the crypto community.
It raised $90 million in series C with investors from Facebook, Coincase, Polychain etc...

What do you guys think will be the future of CoinDCX in India ?
I have noticed, it has even started paying more attention on advertising through TV and social media recently.

Source : https://qz.com/india/2045269/indian-crypto-unicorn-coindcx-gets-funds-from-facebooks-saverin/
3226  Economy / Trading Discussion / Re: Emotions should never be traded. on: August 11, 2021, 03:56:24 PM
I'd want to provide some guidance, particularly to individuals who are new to the market. You think you should buy in ALTs whenever the market is rising. And it's possible that you'll gain from it. However, the market drops after you make your investment. When the market falls, you believe you are losing money and sell everything. When you watch the stock market rise, you invest.You will continue to be harmed in this manner. As a result, anytime you need to invest, put a tiny percentage of your portfolio into it. As a result, even if the market falls, you will still have your portfolio. Never trade based on your emotions. Calculate carefully before investing.

That's correct. Trading based on emotions is bound to give you losses unless you are too lucky.
I have personally traded based on emotions many times and I have failed miserably and lost my money.
This is what I understood from that trading requires patience and skills to analyze the market and place your orders correctly.
If we don't have a planned strategy then we are about to lose money every time we trade.
With a proper strategy, we can not only gain profits but also minimize the loses in the losing trade.
3227  Economy / Trading Discussion / Re: Lost 17500$ during recent downswing, Now completely broke. on: August 11, 2021, 03:51:23 PM
Though I lost so many times earlier but this one is bit tough. I was bearish on bitcoin when it was around 30000$ but it went up and up and touches 40000$. I lost around 1000$ and I was ok but I do not know what happens to me suddenly in the heat of the moment I decided to go all in with 100x leverage, with no technical analysis nothing, as I was sure about bitcoin reaching 50000$.
And that is it all my bankroll which I build from 350$ vanished my hard work of 6 month gone.
Now I am broke. But I know I will build my bank roll again over the course of few months but oh man this is tough.
I hate this feeling. Guys no matter what don't be impulsive in trading.

That is indeed tough. I had done the same thing as you did but instead of such a huge amount I lost around $500.
Still I felt like I lost a lot but I am confident that I will recover this amount just by holding bitcoin for the long term.
From this I learnt a lesson that never trade crypto unless you are very sure about it and you have done your analysis well.
Not to forget that stop loss is a must.
3228  Bitcoin / Bitcoin Discussion / Re: Do you still have thoughts of picking Gold over Bitcoin, read this. on: August 11, 2021, 03:33:55 PM
Of course bitcoin is a better investment option than Gold due to it's high returns but at the same time it's good to have a diversified portfolio.
I have learnt from this forum that we should never put all our eggs in the same basket.
While investing in bitcoin for long term will give huge returns, I think we can invest a little portion into Gold as well to diversify the portfolio.
3229  Economy / Gambling discussion / Re: Where to seek help if you need; concerned with gambling addiction. on: August 11, 2021, 12:28:40 PM
Until and unless our mind isn't prepared to have control over our activities, even on getting medication nothing is gonna change. You've felt the bade about addiction, and now it is your time to have control or quit gambling. As suggested think about each and every loved ones who are ready to support you on all hurdles of life. Move away and make an alternate way to spend your time.

Well said. Control on our mind is absolutely necessary to quit any habit. The mind controls our body and if we develop the ability to control our mind we can easily quit any addiction.
Mental peace is received if we meditate regularly. Mental peace can help anyone to have a control on his mind.
A person needs to have a lot of patience if he wants quit a habit. Here, to quit gambling, my best advice would be to cut down internet and spend more time with family members.
3230  Economy / Gambling discussion / Re: Accumulating small odds or choosing one or two big odds on: August 11, 2021, 11:35:47 AM
Allocating a monthly budget is a good strategy to manage your money. I do the same to limit the losses.
I personally don't have any particular strategy while placing my bets. I just go with my gut feeling and the most probable bet that I think could win.
I don't really care if the odds are small or big but most of the times the odds are small.
I think I can't do that if I have a small budget in gambling, as a gambler, we want to win and not only to win but to satisfy from that win. So if I bet a small amount with small odds, I need to win many times to accumulate a big amount, I guess it's better to put a parlay than doing that.

Makes sense.

In the end it all depends on the gambler's priority. For me, I want to make some predictions and I want to win the bet.
Yes the rewards after winning the bet should be the worth placing the bet too but I just play for fun most of the times.
So I just put in very small bets which is why I care less even if I lose the bets  Grin
3231  Bitcoin / Bitcoin Discussion / Re: Why hoard Bitcoin? on: August 10, 2021, 04:57:35 PM
This happens because of the rising value of bitcoin. If you want to buy a particular product with bitcoin you will have to spend less amount of BTC in the future because the price of bitcoin will increase.
On the other hand, with rising inflation, you will have to spend more amount of fiat currency in future to buy the same product which is why people tend to spend less fiat now to buy the same product.
In Layman's terms, the decreasing value of fiat currency and rising value of bitcoin is making people spend fiat for expenses and buy bitcoin for investments.
3232  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum 2.0 what to expect on: August 09, 2021, 10:09:09 AM
As developers keep improving the ethereum blockchain, even though previous ethereum hard forks failed to solve the problem of high fees in the ethereum blockchain.

But with the new London fork proposal 1559 which will offer a new fee system that burned all transactions fees instead of miners determining the fees, this will remove more ethereum from circulation causing demand to rise because of scarcity which will ultimately lead to an increase in price and fewer transactions on the ethereum network.

What are your expectations from this and how it will affect the overall ethereum ecosystem?

Don't you think the event paradox? The price will definitely rise, and with the rise in prices and the congestion of the ethereum network, the gas will not fall below 40-50, this is obvious, and if the rate falls, the amount of gas will be much higher. These are all Two sides of the same coin. Only cross-chain projects such as Solana, DOT, Near will help the ETH ecosystem. With the help of their technologies, the throughput of the eth ecosystem will grow, as well as the ecosystem of ETH and similar related projects will grow.

That might be true. Solana and Polkadot are some good blockchains with interoperability and their ecosystem might act as a catalyst for Ethereum network.
Even I think that these blockchains will co-exist and will probably help each other to create a vast global network with growing number of usecases.
3233  Alternate cryptocurrencies / Altcoin Discussion / Re: KickEx and KickToken, what can you say? on: August 09, 2021, 09:59:25 AM
I was in company of guys who discuss cryptocurrency and exchanges. One of them told me about KickTockens, its young project and good for investing but I have some doubts.
It's nice that you are not a blind follower because that will save from falling into some hype up projects with litlle to zero fundamentals.

By the way, Kick isn't a young project and you can check them here https://www.coingecko.com/en/coins/kick. They've done an airdrop some time ago but they locked those tokens from being spent unless you meet their insane conditions. That was a tricky marketing and it's what made most people call them fraud.

yes a lot of people almost finished their trading tasks there but suddenly they changed the rules and created a new kick token again. I am one of their airdrop recipients and almost finished doing spot trading there but got disappointed results from them. better stay away from that project.

Even I had received the airdrop from them. After a few moths I thought of trying to withdraw and exchange the Kick tokens.
As I did the research I found that we will have to trade on their exchange to unlock the Kick tokens.
Their requirement was quite high and we had to frequently trade so that we meet the requirement.
It wasn't worth it so I just thought of not going for it.  After reading your reply I feel a bit shocked that even after meeting the requirements there could have been a scenario of still not unlocking the tokens.
3234  Bitcoin / Bitcoin Discussion / Re: Google starts accepting Bitcoin ads on: August 08, 2021, 01:24:28 PM
Although it's good for us that Google will start accepting crypto ads soon I think Google will have to find strong ways to differentiate scams from genuine ads.
Google was being criticized frequently before the ban on crypto ads for displaying ads which lead to scams. Many people lost their money following those ads.
I think it will be of no use if Google doesn't find a way to display only genuine ads because sooner or later the same problem will arise and people will lose money following crypto ads on Google.
If the same thing happens frequently then sooner or later Google will ban crypto ads again.
3235  Bitcoin / Bitcoin Discussion / Re: Hey! Let me pick up a rock and let's buy it from each other... on: August 08, 2021, 12:50:07 PM
Isn't that basically what bitcoin is?

We can hardly buy anything with it. We just give it value for the sake of giving it value.

Matter of fact, let's do just that for the heck of it, see how far we can go with it. I'll pick up a rock and call it Akorn and put it up for $10. I'll buy it back for $10 and let's see how much it'd be worth by the end of the year.

bitcoin is far more than just a rock. We have so many rocks lying around but we don't have bitcoin being given away for free or we can't find it lying around.
Even if we somehow magically give the rocks a value, where would you store so many rocks ? In your backyard ? But what if you don't have a backyard ?
Also, if your rocks somehow has a value, the government will dive in claiming it is government's property and then will regulate it.
You will have to get the rocks from the government and then later use it for trading products.
Whereas bitcoin cannot be controlled by the government and is be stored on the blockchain.
But yeah the fiat money used to transact with bitcoin is still regulated in many countries since it is controlled by the government.

Now do you know why bitcoin is simply not just a rock ?
3236  Economy / Gambling discussion / Re: Accumulating small odds or choosing one or two big odds on: August 08, 2021, 12:33:54 PM
Allocating a monthly budget is a good strategy to manage your money. I do the same to limit the losses.
I personally don't have any particular strategy while placing my bets. I just go with my gut feeling and the most probable bet that I think could win.
I don't really care if the odds are small or big but most of the times the odds are small.
3237  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Do any casinos offer cryptocurrency staking? on: August 08, 2021, 07:27:27 AM
There has been a lot of talk lately about which new features are important for cryptocurrency casinos to add;

The general consensus is that new games, deposit methods, chat features etc are expected from any good casino. But has anywhere actually began offering cryptocurrency staking options for accepted cryptocurrencies?

As far as I've seen, plenty of crypto casinos support deposits for stakeable assets like Tezos, Cardano, Tron etc, but I haven't seen a single casino that allows users to benefit from this feature.

Seems like a nice potential revenue option for casinos and its users... Just need to add a withdrawal delay that accounts for the staking period for those that opt in to the feature.

So far I have only seen freebitco.in giving daily returns on 4% APY for bitcoin.

Although staking is a good option to get a passive income but why would anybody choose to stake on a casino website ?
For me the first option to stake would be the official platform by the cryptocurrency to stake. Second would be a reputed crypto exchange like binance.
Even an exchange should not be considered but in this case it would be better to stake on an exchange rather than a casino website.
3238  Economy / Gambling / Re: BC.Game-🔴🔴🔴BET RED IN CRASH!🔴🔴🔴 Find More Unique Games! on: August 08, 2021, 07:16:19 AM
It would take good amount of time, skills and money to achieve those medals. Unfortunately I was unable to get any medals yet.
I am on my way to achieve 2 medals soon though.
As long as you have massive bankrolls it's easy to acquire those medals though Tongue
I guess there's not many medals that need our skills while trying to acquire them, unless from the competition medals mostly what we need to do is just gamble continuously at bcgame

Oh yeah anything is possible with massive bankroll  Grin But I guess many of us here don't come under the category of having massive bank rolls which is why we struggle to get those medals.
Gambling frequently is a good way to get some of the medals. In my opinion, we shouldn't put more efforts into acquiring the medals and just play our game.
We will get the medals as and when the requirements are complete anyway.
3239  Bitcoin / Bitcoin Discussion / Re: Why should you own at least one Bitcoin? on: August 08, 2021, 07:05:03 AM
It doesn't really matter if you hold one bitcoin or not because as long as you are holding bitcoin, you are holding it's proportionate value.
It's not absolutely necessary to hold one whole bitcoin. Many people including myself don't have that kind of money to invest in bitcoin.
But we still are holding as much as we can accumulate and that itself makes us the part of the bitcoin community.
So we are good as long as we accumulate as much as we can.
I agree with you. Not everybody have that amount of money to buy 1 bitcoin. We just have to invest the little we have. Is not a must that one should basically own 1 BTC. I understand that the idea of owing at least 1 Bitcoin is a good one, to enable us make a huge profit when the price hit a high price. But, someone like me can't afford such amount, I just invest as much as I can.

That's the right approach. Alternatively, we can also find some good altcoins like ETH, SOL and other potential coins which are worth to invest in.
Although bitcoin should be the coin to hold for long term. These coins can give better returns than bitcoin in the short term.
Accumulating them and selling them in short term for BTC will give us a better amount of BTC. Hence even better returns in the long term.
Also, we can also split the portfolio into BTC and ETH for short term and then later sell ETH for BTC. #DYOR
3240  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum pump on: August 07, 2021, 05:24:04 PM
$4000 before the end of the week is too optimistic in my opinion. Hardly one more day left before this week ends and the price is still at $3000.
But even then I believe $3000 is a good price for ETH. It has recovered quite well and I guess in a few days it will reach it's ATH price.
Also, considering the London upgrade in the line followed by the migration to ETH 2.0 are good reasons why ETH is a very potential investment right now.
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