It all depends on what phase of the cycle is the slot you are playing. If it collects money in the evening, there is a higher chance of winning more money in the morning.
Is it really proven that a casino has higher chance of giving gamblers some profit? Do we have some data that will backup these theories from slot winners? For me, thinking about these stuffs is almost having a ritual before gambling where in the end it doesn't really guarantee if you will win some amount. And if you gamble to earn some profit, slot games is a bad choice as it heavily relies on luck to win.
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The main reason for me why bitcoin is very volatile is its scarcity. As years pass, many countries acknowledge that cryptocurrencies especially bitcoin can help a lot in our financial system so countries that want to accumulate a huge chunk of it spreads some fuds that will cause for some holders to sell. A single event about crypto also causes a chain effect on bitcoin that it can pump or dump quickly if a particular institution did something about it.
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If a product is proven to be not good, would you still use it?
I'm pretty sure that these people promoting 1xbit are being paid in some way. Many are in tough times now considering the economic crisis we currently experiencing so some people would be willing to do anything. They are in desperate need of money that it reach to a point where they have no choice but to grab that opportunity to earn some money by promoting a scam platform.
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You know, dude, most gamblers don't care about such information and news, because what's important to them is being able to gamble. But I also agree with what you said that we still need to know the latest updates about gambling news. So that at least we can be aware of this kind of cryptocurrency industry.
It depends on what type gambler you are. If you are someone who plays slots, card games, etc. on online casinos then these news aren't really necessary. But if you are into sports, keeping updated on the news can help to increase the chance for you to win. You have some time to strategize what team or player you are going to put your bet on. Gamblers' goal is to earn money so if they are in sane condition they wouldn't just gamble hastily. I consider them an addicted gambler if they don't care for some information that can help them win.
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Some gambling addict never accepts that they have a problem, hence they would never heed to professional advice on how to break free from this harmful behavior.
Addicted gamblers are afraid to seek help because the society reject them if they found out that they are addicted to gambling. Even their relatives will not be willing to help them and even bring them down more. People usually mistreat addicted gamblers because they think they will just acquire their bad habit or ask them some money. A community built in helping these gamblers will slowly break the stereotype and make them not feel bad for themselves.
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It's not easy to teach bitcoin to young people, but I really applaud you because you are willing to provide free services to them to get an amazing experience in the future, the beginner guide we have to teach them is to understand the crypto market capitalization and how to calculate it, I am very sure if they succeed one day surely your service will be remembered by all of them.
We need this kind of people to lessen the disinformation about bitcoin. It could really be hard to learn for some people that are not into tech stuff but they should atleast know that bitcoin is a currency and not some ponzi scheme like what scammers often tell people. What he taught was the very basics about bitcoin. Understanding the crypto market is already an advance topic and I think he should properly learn about it first before teaching it to his students.
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4. Bitcoin is not very easy to understand and there is too much misinformation about it.
It's not that hard to learn the fundamentals of bitcoin, many people have access to internet now so it only depends if you are really interested to learn it. Like myself, no one thought me about bitcoin way back 2016 but since I learned that it has many uses that can help our financial system, I always keep updated to the current trend in the crypto space. The reason why there is too much disinformation about bitcoin is because of its continuous rising value over the years. Scammers take advantage of that telling people that it is a get-rich quick scheme.
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but remember that when joining or participating in Crypto or Online gambling ? you must learn how to deal with KYC .
Gamblers should already be used to these regulations. AMLC requires gambling websites to verify the identity of their users so they have no choice but to implement these rules to maintain their licenses. Complying to KYC really puts your private information at risk that is why you should only do it on a reputable gambling website. If you are really afraid to provide information on such websites then it would be better to just go to a real casino.
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What type of gambling news are you looking for? Is it related to sports or only stuff about the latest promotion of various gambling websites. If it's about promotions or bonuses, https://www.btcgosu.com/blog/news/ is my go-to website to stay updated. The website is very intuitive that it also contains some reviews about different gambling website. You can easily check if that particular website is available to your country or not. For sports, you can just go to google and type "ABC sports news" on the search box. Some sports league have official websites where you can check the latest news. (Ex. UEFA sports news)
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Myth 6: Knowing a Game Well Increases Your Odds of Winning >> Fact: Gambling games are designed to not have any aspect that will increase the odds of winning purely out of knowledge or skill.
Gambling is a game of luck so there is no such thing as "purely" or "guaranteed" return on it but there are types of gambling that will give you more chance of profit if you knew it well. Like in sportsbetting, you don't bet randomly on some teams if you have proper knowledge about the matchup. While in poker games, if you're unlucky with your cards you can still turn the table if you're good at bluffing your opponents.
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Nowadays its quite common for a casino to require their players to comply in kyc (specially the whale gamblers) because of the gambling regulatory law thus we should not be surprise if we are ask to abide.
Casino that doesn't require KYC often has bad reviews and likely scam their users. You will just be frustrated if you manage to win some big amount playing on their platform and not be able to withdraw it. They will suddenly require your personal information to withdraw your winnings. Submitting those info on non-reputable gambling website out of desperation is more dangerous than doing it on a trusted website.
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I would prefer to be an entreprenuer rather than being an employee. If you're a real entreprenuer, you will not just give up easily just because your sales went down. Though it really became more difficult to manage a business because of inflstion rate, there are still some ways for a business to surivive. There are some people I know that closed their business establishment because of the pandemic but became more popular and earmed more profit when they promote their product on social media.
Being an employee is only good if your salary increases over the years because of your expertise in that particular field.
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Do you think buying your first landed property in a bushy area is a good investment for the future.
Buying a property in an undeveloped place or let's say like a rural area can still be a good investment depending on your plan on it. Even if it will never become a city or a crowded place, you can still build a farm there like livestock or have your own fish pond. You can freely develop the area without bothering some establishments. If your plan is to build your house or have a store business there then it would be better to make sure it's near on a well-developed area so your investment won't go to waste.
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People are going back to cash because they believe that it keeps tighter control on their spending as living costs soar.
It is believed that cash helps people budget, as using it means you literally can count the pennies. Paying with a card or crypto currency make spending easy and convenient that sometimes one tends to overspend. Sometimes one might not even know the balance of his account but with cash you are always aware of how much you have.
What do you think?
What happens to me is the complete opposite. I can control properly my spending if it's on a digital wallet. I can easily monitor on the application's dashboard what I have and only withdraw how much I really need. If it's on fiat, I easily spend it until I will just realized that I'm almost running out of money. I guess it also depends on where country you are. If business establishments there still prefer the traditional way of payment then having digital money or crypto will help you to spend less.
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Proper awareness across different forms of media can help lessen the fraud victims. These reports are still rampant because people are too gullible that they easily fall from a simple fake message which says they won some amount of crypto that they only need to provide the requirememts they need to ask. Blockchain fraudsters can't be easily tracked so the best thing we can do is to not fall from their bad motives.
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Example: my investment of 300 euro becomes 500 euro. Is it better to take out my initial investment or only take the profit ? And reinvest that profit ?
How do you guys do this ?
I just feel like i'm missing potential profits by not selling and seeing my potential profits go up and down.
It really depends on your contentment about when you are going to take profit from your investment. There are people that secure their investment first then let the remaining amount to be the profit. There are people that sets a target price and won't sell until it hits it. The important thing is don't be greedy on your target profits that you end up holding it forever becuase it is unrealistic. Learn to not regret selling even if the price still goes up after you sold. Market have two cycles so you will definitely have the chance again to buy at low price.
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A good project for me is something that sticks to their roadmap and continues to build it even if the market is at its bear season. Some failed projects during the last bull run rush their project that their only goal is to take advantage of the hype and milk people's money. They didn't planned properly their roadmap resulting for sudden changes if they realize it's not feasible which causes their investors to lose confidence.
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What do you think about these japanese slot machines? Do you like them? Would you gamble on them?
As a person who likes anime, I would definitely play on these slot machines if it's available on my country. It can be usually found in Japan and is a good marketing strategy because it can easily attract people who have the same interest as mine and not just only gamblers. Those themed slot machines are more of an attraction to people around that place because a serious gambler won't bother playing on those if each bet takes longer than a normal slot machine.
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Bear season has just started so this is not likely to happen considering also that many countries are facing an economic crisis right now. We should just focus accumulating while bitcoin is on sale at this moment because it will probably hit those price in the future. $69k is the current ATH so I think $100k price is possible for the next bull run which will happen between 2024 or 2025 based on some speculatios.
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They can only be rich if they were able to buy a huge amount during its early years and still manage to hold at this point. I consider myself an early adopted since I saw bitcoin when it was just $200 but since I was just a student at that time, I have no capabilities to buy it. Though I manage to accumulate from bitcoin faucets during those times, I wasn't able to avoid spending it since I need some money to support my studies.
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