There are some people who are dreaming to become a professional gambler like Don Johnson who won $15.2 million playing blackjack, when asked to explain what his secret was, Johnson smiled and then he explained he needed only two things to beat the house: good skills and a plan. Having skills in every battle would be a great advantage but it won't work if you do not plan something, so it is a matter of combination between skills and plans. Every successful professional gamblers treat gambling as a sport and like disciplined athletes, they don't let their emotions get the better of them. There will be bets you win and bets you lose. If you let the excitement or sadness get to you, you will end up making bad gambling decisions. If you are going to ask any professional gamblers how do they survive at the tables. No matter how good you are, they will tell you this: it's inevitable that you will have a bad string of results Ir even a bad year so we should always accept that we can lose the game. Gambling facts:There are some gamblers who believe in superstition. Every time you watch or read something about gambling, the hero of the story goes on a winning streak as soon they bet on their lucky number, or keep a lucky clover close to their heart. If you think these things work, don't gamble. As you can read on this article that explains how to win at Blackjack every time you play, superstition has nothing to do with your success rate at the table. Source: https://www.casinosmash.com/casino-strategy/professional-gambling-secrets-2652.htmLol, I don't believe it was just skill and "a plan" that helped him win $15.2 million. If it was skills and plans that is helping him win millions, then why isn't he a billionaire by now. Why don't we see his name on the list of richest persons? I would say he just got lucky! Luck played vital role for him on winning. True, luck has nothing to do with those superstitious believes. Isn't it why we call it superstition (irrational believe)? |
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i thought the first case was on china's wuhan because this is the first epicenter of the virus . the spread only continue because workers and travelers from china are going back to thier hometown without knowing that they are carying the disease . country was stable before the attack happen but there are still problems that people face of course . also crypto market that time was not really that stable but the virus only make them worst . bangladesh isnt the only country that is affected with it but governments show thier support for now luckily .
You are correct. The virus originated from China and people suspect that it started from Wuhan city near a wet market (and then there is a lab and people suspects that the virus was leaked from that lab, but lets not get into those conspiracy theories). The spread did not continue because people were travelling all over the world with the virus. Yeah, it did spread out for travelling but the people did not know because the Chinese government was hiding this outbreak and wanted to suppress all the information. Even after it came to our knowledge, they told us that it did spread from people to people! |
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Lol, he lost all 10 BTC? I would say that's bullshit and probably he didn't even invest anything. You should be next level stupid if you lose all 10 BTC during trading. Like did he just choose one coin and go all in? If someone sees that he is not making profit and starts to make huge loss, then if he is a sane person, he would just sell whatever he bought and save himself from further loss.
Even if you can afford to lose, don't make stupid trades/investments.
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That's really good that you are trying to fight your gambling addiction (or urge) during this lock down. The other few steps you mentioned are going to be quite helpful. But, instead of looking at those youtube videos that helps you to quit gambling, try talking to someone you trust a lot, someone who would never judge you for who you are.
Trust, talking and getting help from someone close is much better than watching those random "inspirational" youtube videos.
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-snip-
Let me tell you that I agree with you
That said, if you are implementing some strategy that allows you to take home small profits while not taking many risks (yes, it is possible), it could formally be claimed that the more you wager the higher your returns are going to be. However, we should keep in mind that you can increase the wagered amount in two ways. The first way is to increase the size of your stakes, while the second to increase the number of your rolls without changing the size of your stakes
-snip-
Not really. Implementing "some strategy" won't make you rich. It still depends on your luck. If strategies would have made people win, then everyone would have applied strategy and the casinos would get cleaned. They would be forced to ban those strategies in order to operate.Lets say you are playing with a martingale where you keep on doubling the your bet amount every time you lose. Unless you have a infinite amount, in the long run you will lose. The more you keep on wagering, the higher chance of getting wiped. |
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It's a general perception that if we gamble more, we can get more profit. Also we see gambling sites offering wagering competitions. The more you wager, you become eligible for a reward or prize money.
What's your though on this ? Wagering more makes you win more money in gambling?
The wagering contest is just totally out of context over here. The wagering contest is just a form of promotion, more like incentive or a cashback reward for heavy gamblers. Wagering more does not make you rich automatically. You may wager for years and make no profit at all, while someone might just wager for a single day and become a billionaire. It all depends on your luck. |
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I don't know if there are already some casinos existing with the folowing features:
-In every losing bet, 1% of it will be donated to their handpicked charity
-For every win, only 95% of the pot will be transfered to your wallet and the remaining 5% will go to your handpicked charity that is also available on the platform.
If something like this exist, will you still play? Do you think it is a bad idea to make the users make a donation in this way?
The 1% might sound really small, but that's going to rack up when multiple bets are placed, which will hurt the bank roll in a real devastating manner. Again, what if after winning the bet (and 5% of it being donated), you lose what you won? This means you didn't donate anything, it was the casino that donate the 5% and the 1%. This would just never happen. Though casinos can donate an extremely small percentage of users loss. In case of winners, they can be given a choice to donate when trying to withdraw. I would definitely play in one of those casinos! |
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Altcoins doesn't include only IEOs, ICOs and projects. There are also other well known and well established altcoins. Try looking into it. All those altcoins I am talking about does have some value and is used by everyone. So investing for a long term on these altcoins is actually a really good choice.
And yeah, its a waste of time looking at those new projects. Most of them are just scam.
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Didn't know there are people who thinks gambling is a form of investment. Wow. Even if it is, then it indeed is the riskiest of all kind of investment. Though I never consider gambling as an investment.
I think everyone keeps track of their gambling habit. All modern casino does have personal statistics included on their casino, thus there is no need of opening a spreadsheet and doing all calculations.
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Yeah, they might but I doubt its going to be anytime soon. Currently, there are many countries out there that are kinda against crypto currencies. The government of those countries itself uses the media to spread only the negative aspect of cryptocurrencies. But, they do have their own reasons.
More countries will start crypto friendly legislation, they may start making their own coins, but unfortunately, they are going to be more like a centralized coin.
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If you want to practice, then use those online sites where you gamble with virtual (and has no value) currencies. I am pretty much sure there are gaming websites out there that offer poker and is also free to play. If you can't find an online game, I pretty much sure there are games that you can play with the bots. Maybe do a quick google search?
You can also try those casinos that offer free table. I have seen casinos providing hourly tables that gives like certain amount of chips to play with for free.
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Maybe you should combine option 1 and 2. I would love to avoid the banks, but that is impossible for me right now and I do need the banks. I receive all kinds of payments through my bank account and it is the only "legal" way for me. I don't think as long as bitcoin is considered a legal tender, I won't be able to avoid the usage of banks.
Maybe in the future, a new crypto currency (and probably government owned and regulated) will be available that will totally replace the usage of banking insitution.
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Silly question but lets say bitcoin price reaches a $million by this weekend while some shitcoin alts are still on 1 or 2 satoshis. Will altcoins be cheaper to buy then or expensive?
I remember alts back in the days when btc was cheap like 10 bucks each, litecoin was priced 0.1 btc each then I think.
So how will this pricing pan out? Will alts automatically go up in satoshi price if btc keeps going up or still remain the same in satoshis?
I have always thought that the price of altcoins were inversely related to bitcoin during events like halving. Since people knows that bitcoin rewards will be halved, they are also expect the price to increase (due to less generation/supply of coins). Thus everyone will sell off their altcoins and start investing on bitcoin, causing further increase of the price of bitcoin, while the price of altcoins decreases. Now, lets say that bitcoin has reached million $ this weekend, so accordingly, the price of altcoin should be cheaper during the first few weeks. People will eventually start to buy back whatever altcoins they sold, thus the price will again start increasing again. So yeah, its going to be cheap first few weeks and then slowly its going to become expensive. |
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Yeah.
So, I haven't been moving BTC for a while, I don't like the idea, and I never really needed to.
But since I'm feeling a global recession-vibe coming, I wanted to get a couple of desktop wallet running on separate computers, you know, just to mitigate risks.
So, I set up Electrum, started moving some coins, and ended up paying outrageous amounts of money. How is that even possible?
-snip-
If I haven't made any mistakes, then we're fucked. This whole cryptocurrency thing is going nowhere, this is absolutely outrageous.
Have a nice day.
Did you make the transfer using the default fee? As far as I know, electrum sets a default fee automatically based on the network load. They usually set an average fee that will get you confirmation within a reasonable amount of time. Probably the network was on high load for which you had to pay extra to get faster confirmation. According to bitcoinfees(you can use this to get an estimation of fee and time required to confirm based on that fee), the current fee to get the fastest confirmation is 109-110 sat/byte. You can set your fee manually to even 1 say/byte. |
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-snip-
The Crypto investment industry is gripped with scammers, starting with the brokers and ending with individual traders. In other words, as a trader, you’re on your own. There is little trust in the industry and if you still want to be involved, you must do the job, filtering the information in front of view.
You sound like a naysayer (though I know you aren't). You make it sound like cryptocurrency related industry are the worst and filled with evil people. You are actually wrong over here. You are just highlighting the bad part of the industry. What about all the good in has done? What about the benefits it has brought to everyone? Compared to this, all those negative activities are actually nothing. And its not just the crypto market filled with scam. Scams are everywhere. |
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Offer me some good sites where I can gamble please
Try www.crypto.games! Crypto.Games has been on the market for a very long time. They currently have Dice, lotto, roulette, minesweeper, slots and many other games. Supports a good number of coins including bitcoin. Regular promotions also take place and does have an active community. The chatbox is always lively. If you want to gamble, try crypto.games. If you want to hold your coins, I wouldn't suggest any website. Hold your coins on your own wallets! |
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It isn't the first time that a TV show has talked about bitcoin. I remember seeing many other shows that briefly speaks about bitcoin but mostly in sarcastic way. If I recall correctly, there was one whole episode about bitcoin on the big bang theory (oh I miss TBBT!) and then there was silicon valley tv show. The company piped piper runs their own ICO and creates piped piper coin! Check this out - Hooli and Pied Piper! |
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We are told several times on this forum never to leave your coins on exchange, well I know the difference about low rated exchanges and high rated exchanges and I know that many traders prefer high rated exchanges for trading because of volume and Liquidity but my point is there is no way to be a trader without your coins sleeping in exchange wallets, why? Because sometimes while you are asleep bitcoin can hit a new price target.
For example BTC is trading at 8000$ and I put up a sell order at 9000$, most times this won't happen in an instant, sometimes you wake up the next day and your order became successful isn't it? Now for those saying 'don't leave your coins on exchanges' how do you trade?
They warn people not to store it for long term. I mean, what they are trying to say is, as soon as you are done with your exchanging activities, don't store it over there. Withdraw it and keep it somewhere safe. In other words, don't use the exchange like your personal wallet. |
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Hello everybody. My favorite source of cryptocurrency information is telegrams. You go into any group - everyone is ready to discuss not only the latest cryptocurrency news, but also something that has not even happened. And only in second place are all social networks (Twitter, Reddit, Facebook and more). After all, any global news, one way or another, can affect the value of cryptocurrency, at least for me in the foreground, this is the dynamics of price changes and the spread of cryptocurrency finance in society. Well, where else is it not necessary to think about how the latest news will affect the distribution of cryptocurrency, of course telegrams, they will immediately set out a couple of dozen opinions that you will read with pleasure.
If you are talking about telegram groups, then I have heard the opposite. I have heard that most of the group in telegram are there just to scam people. They lure people into fake investment, they provide fake news, they create hype and then there are pumping and dumping groups where mainly those who join first makes profit, while others lose everythng. To OP, if you haven't tried Crypto-News.net, give it a go! |
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It is illogical for bounty hunters to be blamed, because they only work to make promotions, while other things are clearly done by the team or the developer, and investors cannot be blamed for this, because they besides helping the project also want to find profits for themselves alone.
In what way its illogical to blame bounty hunters? So, they working by promoting the project, okay fine. But, then this means they are also promoting a scam project. They know that most of the project are scam, they still work for them. They know the price will drop soon enough, thus as soon as they get paid, they dump their tokens causing further price drop (would have happened anyway). Tell them to stop promoting these scam projects! |
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