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3381  Economy / Gambling discussion / Re: Premier League has asked clubs to voluntarily end Gambling deals on: July 05, 2022, 08:59:51 AM
This is a sad news, I know of Sportbet. If English Premier League clubs do not allowed betting sites to endorse them again, it may slightly affect the betting site to see increasing new customers, but there should be other ways they can advertise their products like livescores sites and many others.

According to the news, if 14 clubs can support the ban, that it would be adopted immediately. Top clubs like Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham Hotspur are not sponsoring any gambling site, such clubs may be in support of this.
3382  Bitcoin / Bitcoin Discussion / Re: Will BTC survive if encryption/cryptography becomes illegal? on: July 05, 2022, 12:50:49 AM
Probably because people wish the government to regulate cryptocurrencies would have been the reason there are rumours that the US government want to ban cryptography/encryption but that is not going to happen. If it is banned, it means no cryptocurrencies  that would be created in US again, which is not possible. Regulating altcoins is different from banning encryption.
3383  Economy / Trading Discussion / Re: algo trading bot issues on: July 04, 2022, 10:14:34 PM
I thought it was impossible to open a long when in a short position and Visversa
He would not be able to open both long and short position if the exchange does not allow that.

On the exchanges that I have used before:

On Binance, you can open long position and later open short position without closing the long position and vice versa if you use hedge mode, but you can not with one-way mode.

On OKX, you can use long/short position to do that also, but if changed to net mode, it is the same as one-way mode on Binance  and you will not be able to do that.

But the fault is from the script not the exchange.
3384  Economy / Trading Discussion / Re: Algoritmic trading strategies & articles on: July 04, 2022, 10:03:38 PM
I do not know much about other type of trading than trading on centralized exchanges, not arbitrage trading but spot trading and trading derivatives like USD-M perpetual for BTC. All I have known about trading is that it is very risky, it may not be gambling, but if i should be sincere, I consider it as gambling, especially for the newbies. Regardless of the the type of trading you are into, always know that trading is risky, do not use more than the amount you can not afford to lose, beginners should even use less than the amount they can afford to lose.
3385  Economy / Gambling discussion / Re: Can change of environment have an effect on gambling addiction. on: July 04, 2022, 09:47:32 PM
Can someone still develop the habit of gambling and become an addict even though no one around gambles?
Yes.

As long as he is able to access Internet and his phone, as long as there are gambling sites that he can assess. Remember he can even still be able to access the gambling site he is using in his former environment even if he has changed his environment. So all he needs to gamble can be with him in just one room, so nothing changed.
3386  Economy / Trading Discussion / Re: algo trading bot issues on: July 04, 2022, 09:16:47 PM
That is just an issue with the bot that you are using, I have opened as many as possible long or short position on Binance countless number of times and no issue or problem of sort encountered. I am not a bot trader, I trade manually though. Also the bot is from you, not Binance.
3387  Other / Beginners & Help / Re: Kucoin help - Just signed up. on: July 04, 2022, 10:04:21 AM
How to Make a Trade on KuCoin
Spot Trading Guide - KuCoin

If you want to hold for a year or two, make use of hardware wallet that support the cryptocurrencies you want to hold, never leave your coins on exchanges, you have no complete control and your account or coin can be freezed and exchanges can be hacked.
3388  Economy / Trading Discussion / Re: advice for who are witnessing this market for the first time. on: July 04, 2022, 08:13:04 AM
Read about bitcoin halving and how it may influence the price if cryptocurrencies.
Know that trading is very risky, it is not gambling but consider it as gambling for starter because it can take money like gambling, I mean losses.
Do not use the money you can not afford to lose to trade
Long term investment is profitable, especially in bear market like this.
Be careful of people that provide signals, bots and copy trading. People will only require money from you but they do not care if you gain or lose and you may even lose after paying them.
Learn trading from scratch
Know that newbie traders will surely lose, use the money lesser than the amount you can afford to lose to start trading.
3389  Economy / Trading Discussion / What can happen on OKX on: July 04, 2022, 07:59:38 AM
I opened a short position with BTC 1x leverage on OKX like three days ago, bitcoin was around $20275 on the derivative market (which supposed to be the mark price) that time, when I opened the short (sell) position, I was surprised that the entry price was $20070. I was surprised and that could affect my trading because with $200 different in price down, I would have gained and close the position opened. I did not have any other option than to increase the leverage to 3x in order to let the price I will start making profit closer, it was closer though. I checked the history of position opened but I still noticed the price the 3x position was filled was just like what happened when I opened 1x. It was worrying.

It has not happened to me before until three days ago. What could have cuase it?
3390  Other / Beginners & Help / Re: How quick does the market grow during bull market? on: July 03, 2022, 11:33:21 AM
What did you mean by you have not close your position? Using leverage to hold? If you are not using leverage, it is secure to move your coins to a noncustododial wallet. If using leverage, know that the risks are higher than it no leverage is used.

Dollar cost average can help instead off buying all at ones. If you are losing 45% already, it will be better not to panic and sell, continue holding if you can do this for long term.

Be expecting a slight bull and bear market in 2023 but be expecting a massive bull market in 2024. You have said it already, no one knows when the next massive bull market will begin, we are only predicting based on analyses of past price volatility but which may be accurate because bitcoin has never failed in long term bull prediction before.
3391  Economy / Gambling discussion / Re: Inherited gambling on: July 01, 2022, 10:54:54 PM
Gambling can be genetic and passed on to offspring, but I have noticed that females are not addicted as male when it comes to gambling and that gives me doubt about it, or maybe that is how it is in my region, men are most into gambling. Or maybe the gene is more concentrated in men than women.

No one can blame addicts, but any bad deeds done by them can be punished. The more fact we need is that addiction is not good, it can lead to a kind of life someone do not wish for himself, the reason we should use just the amount of money we can afford to lose and nothing more than that.
3392  Bitcoin / Bitcoin Discussion / Re: leverage trading on: July 01, 2022, 02:40:23 PM
Which exchange are you using to trade?

Leverage trading makes it possible to use a lower amount below minimum trading amount to trade once the amount you leverage to exceed the minimum trading amount.

This may be different from exchange to exchange, but this is how it works on all the exchanges I have used and that I am currently using.
3393  Bitcoin / Bitcoin Discussion / Re: Strong Hands Are Buying on: July 01, 2022, 10:12:04 AM
We can't know i the next few months it could go lower, I wouldn't rule it out, but we are definitely in a clear buy zone if you plan to hold bitcoin for the long term.
We do not even know if the price by the end of this year will be lesser than $15000, bear market can last like that of 2018 that started in January and lasted long all through the year, that is just it. I understand that it is a buying zone, because people that buy now and hold for like 3 years will make significant profit even if the price of bitcoin still decreases further this time. I agree with this.
3394  Economy / Gambling / Re: Looking for perfect slot base casino on: July 01, 2022, 08:19:32 AM
Personally I don’t prefer playing slot games only, for that reason I don’t know sites where only slot games are available.
Gambling sites are not only based on one type of gambling, even on a casino sites I have known that have just started to provide gambling services to users, they certainly start with more options and alternative to slot are available and slot can be included, they are just mixed together for users to choose their choice. To look for only slot gambling site, I think that would be hard and not necessary, people will just go for the one they want to play, casino users even prefer the gambling sites they are using to have variety of options, that is why they will have more customers as one do not affect the other.
3395  Economy / Gambling discussion / Re: Gambling and MLM Schemes on: July 01, 2022, 08:08:31 AM
The MLM scheme in general is currently very bad for those who are victims of Multi Level Marketing. Those at the top level are greatly benefited. MLM is not just an ordinary market scheme, but there are a lot of dirty games in it. Cheating new members for their own benefit and so on.
I do not quite understand the kind of dirty games in multi-level marketing, can you explain about that. In multi-level marketing, it is not like ponzi or pyramidal scheme which I mentioned above, those hyip, ponzi, pyramidal and other promising high yield return on investment schemes are not the same as multi-level marketing. If comparing multi-level marketing, that means you only just want to compare legit business, normally all business are risky. But if talking about dirty games, that means it should be a ponzi, pyramidal scheme or other hyip, do not get it confused.

Both will indeed lead to losses, but losses in MLM will not be controlled. Unlike gambling, losses are caused by themselves and there is no coercion from others.
Business have risks, but gambling is far riskier than multi-level marketing if the multi-level marketing is legit. Even gambling is not related to business unless you are the owner the gambling platform.
3396  Economy / Scam Accusations / Re: sacmmer company localbitcoins deleted all support tickets on: June 30, 2022, 10:07:41 PM
You wanted to say Localbitcoins?
Yes, OP was talking about Localbitcoins which is what I also meant, it's a mistake. Thanks.

I was thinking Localcryptos is a decentralized exchange, but out of all decentralized exchanges, only Bisq is most decentralized, that is true. I will look into localcryptos ToS and check if KYC can be requested for, if so, it means it is not decentralized but working like instant exchanges, I find this new and I will look into it.
3397  Economy / Gambling discussion / Re: Gambling and MLM Schemes on: June 30, 2022, 06:21:16 PM
What are you bringing up? Multi-level marketing is totally different from gambling. Some organizations legitimately use Multi-level marketing to sell a product, it is also different from pyramid scheme because in pyramidal scheme, no real product is sold. In gambling, you can use what you can afford to lose to gamble, mind yourself not to get addicted also.
3398  Economy / Gambling discussion / Re: Reasons why people avoid KYC in gambling casino ? on: June 30, 2022, 02:58:43 PM
They don't trust the casino as the casino might misuse the kyc documents or the gamblers want to gamble without telling anyone that they are the gamblers,  gambling is illegal in their region or religion and they want to hide their identity or there could be any other solid reason?
Gambling is restricted in some countries and the person may ptefer to gamble on a no KYC casino. Gambling is not restricted in my country and I am not bothered and I do not avoid KYC on trustworthy casinos. KYC also even make me feel secure about my money on a casino than not having any documents to prove that I am the owner of the gambling account.

But some gamblers can be afraid of their KYC documents not to be sold to third party which is a valid reason.
3399  Economy / Trading Discussion / Re: How trading during bear market can save your portfolio on: June 30, 2022, 11:57:23 AM
But you forgot to consider that you can do multiple swing trade on the period of 2 months or 2 years on calculating the potential profit. The OP is actually right about his strategy, It’s simple and common but that is the best strategy on bear market like this since the price keeps dipping and correcting in short period of time and holding long term while there’s a clear sign for a long downtrend is just missing the opportunity to earn and increase your position before you hold for long term. You can always buy once there’s a confirmation of uptrend because you just missed some percent of profit compared to the person that buy the bottom but still swing traders has more profit in total due to there small trades during price swing.

No one is against swing trading, but it has to be learned and know how to avoid or minimize losses but maximize profit. I did not against swing trading, what my advice was about is that it is not good to hold fiat too long as described in the OP if you want to maximize profit. Multiple swing trading is not bad in 3 months, but just one swing trade in over 3 months or longer is what I am talking about, no one againsts swing trade here. The problem will be during bull market, the strategy will not help.
3400  Economy / Scam Accusations / Re: sacmmer company localbitcoins deleted all support tickets on: June 30, 2022, 11:44:50 AM
You can't use those two without undergoing KYC verification.

The best options are Bisq and Localcryptos that have no mention of requiring any KYC verifications in their terms of service.
Bisq, localcryptos, hodlhodl and some exchanges are decentralized and they are bitcoin decentralized exchanges where you can exchange some altcoins to bitcoin, no kyc required. But OP is talking about Localbitcoins, it is a KYC P2P exchange and not decentralized, it is just like Paxful or Binance p2p, the reason I mentioned both instead.

how much such a laywer coasts?
I just know that it would be very costly and may not worth it, the cost is even beyond just lawyer.
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