the bottleneck here is that most governments have no defined taxation laws yet when it comes to crypto gambling sites. fiat system may be outdated but this traditional payment system will not go away anytime soon. a lot of gamblers are still using it. remember, crypto users are still in small percentage as compared to global population. so it would really take long time before we see the majority of gamblers that will go into crypto

Your story is really very motivating, also if you bought at that price it means that from the beginning you believed in technology and in all the good that BTC offers with its deflationary economy, I really congratulate you and you represent a great example for many and before the world, I hope the word continues to spread, in my case I have never had the privilege of having 1BTC, but if I have had fractions of BTC, and now with everything that is happening in the world, I see that BTC is much safer That having money stored in the bank, in gold, or in any safe asset, for me BTC is the best option for a Safe Haven, because BTC will never disappoint.

I agree.

I don't like fiat either but still force on using it because we doesn't have a choice since the Government still uses it for corruption and of course manipulating the economy that leads to further conflicts like wars, etc... The future of gambling industry won't stick to the old style for sure because like us using fiat, they won't have a choice if fiat is gonna be phased out in the future, surely they will be force to adopt the latest form of payment which is cryptocurrency or electronic payment system.

Metaverse gambling seems like a gimmick currently to be honest since majority of the gamblers will always prefer the traditional version over the virtual one. It's like FIAT vs crypto basically.

However, this trend could actually reverse if there were cheaper ways to access metaverse gambling which I doubt will ever happen.

Perhaps it is more possible with the use of third party payment service providers. I guess a gambler in a brick and mortar casino could already swipe his Visa or Mastercard Bitcoin or crypto debit card. So it is also very possible that Bitcoin bets will be accepted in the near future but could also be processed in fiat first. So one could place bets in Bitcoin but the amounts to be registered in the casino books are in fiat value. The payout could also be made in Bitcoin.

People who end up selling as soon as it drops because they get scared or they want to buy even lower are usually the ones that loses money. Bitcoin ALWAYS goes back to where it was, breaks its own ATH and that means no matter where you bought it from, even if you did it at 68k+ that means you are going to end up making some profit.

This is why I believe that there is always a chance to profit in crypto if you know what you are doing. Obviously sometimes you buy it today and sell it tomorrow making 10%+ profit in a single day, and sometimes you buy it now and wait 1 year to make a profit. This is why some people eat the loss and try to use that funds to make some more profit to recover from it quicker but usually those same people who made that loss end up making another loss instead of recovering their losses. That's all I am guessing right now of course, maybe they could profit too.

Honestly, I'm not a VIP of any gambling sites I'm playing but every casino has perks and premium giveaways for their VIP, if I'm going to target one or two casinos for me to become a VIP what casinos will they be, named at least two casinos and your reasons.

We always read the words "Don't bet more than you can afford to lose", but are we really following that safe principle in gambling?

So, I have a question here, if you are earning like $2000 a month, how much are you willing to gamble that you think you can afford to lose?
Please use the amount as a basis for your answer.

they need to fix their government first before they look for some way to increase the tax revenue of their country because the only people who get the benefit from it is the corrupt government and for the country, it won't bring anything good except they will gonna suffer even more than when it was not yet legalized. Because there are high chances that people will take this chance to organize their own gambling dens to benefit from it and make everyone play like there is no tomorrow. It would become an instant trend, because of how many people play every day and they need to be ready on the mental health of those who lose their senses when they lose everything they have because more likely they won't do anything good after that.

Airdrops are a great way to attract people into newly-fond crypto projects. They're basically "free money" for not doing anything in return. Some projects have been widely successful after an airdrop, while others have gone all the way down the drain. There's been a upsurge of airdrop hunters looking to "milk rewards" from the system, effectively dumping all of their coins/tokens on the market for profit. While most projects have been quite flexible in the eligibility for an airdrop, one project decided to take the stand by adopting measures to prevent abuse. Parachain Swap's airdrop has been quite controversial as it only rewarded a small portion of its users. The vast majority of the people weren't rewarded (especially airdrop hunters), resulting in a decline of the token's price.

Do you think it's a good idea to penalize airdrop hunters? Will this do more harm or good to the adoption of crypto/Blockchain tech? Your input will be greatly appreciated. Thank you.

It is popular opinion sometimes that a trading strategy might no longer be effective if one begins to loose money while trading instead of gaining.

An important question i ask myself whenever i hear about people complaining or simply discussing a series of consecutive looses they have made while trading using a certain strategy is;

HOW MANY CONSECUTIVE LOOSES IN TRADING CAN YOU HANDLE BEFORE YOU ACCEPT THAT YOUR CURRENT TRADING STRATEGY IS BECOMING LESS EFFECTIVE?

Corruption I believe is the core of every single government out there, be it democratic, communist or even a dictatorship, all of them have yet to make people believe in their plans which would honestly give 100% to these people. What I do think is, at least this would give them a chance to improve their state. The fundings might come in handy during the pandemic and that can help the COVID situation improve a bit.