Are you sure that you will be gambling only with sportsbetting and you will never touch any luck-based gambling? I guess you will be having plenty of chances for not losing your entire bankroll with sportsbetting so that you will be able to make profits and then you can return back your loan amount.

But, when you are testing your luck in dicing kind of gambling, I highly recommend you not to go for loan for the reason of gambling. In my view, sportsbetting is not a gambling as it is a skill based one. For other than gambling, you may go for availing loan because you're not going to lose all your money at a glance of eye blinking. When there are possibilities for getting good returns then what is wrong in availing a loan?

Real Madrid and City game could be the most docile game in the all of this leg of champions league, I have lost so many games that losing this one didn't really mattered anymore because both teams were at least good and I could see this one coming. Juventus however really screwed me over because I was really looking into that game as a sure fire win and it didn't happened.

I lost on Liverpool game and Barcelona game so I kind of "martingale" my way of sportsbook and doubled (even a bit more, close to triple) on Juventus to make up the difference and get all the losses back from the other two games. Now not only I lost money on Liverpool and Barcelona games but I also lost more than combined of those games on Juventus one. The second leg better not have any shocks because I may end up running out of money .

@Kakmakr
When you gamble with very tiny amounts and you gamble constantly that is literally the house edge loving system right there. I mean we are talking about a house edge that will make you lose in the "long term" normally but if you keep the computer open for 24/7 to run slots all the time with tiny amounts that kind of means that "long term" is not really long term for you anymore, you are literally getting hit by house edge all the time with that method.

There is no way you can ever go into positive and keep going, casinos do not work like that, you can't end up profiting since there is mathematically no way you can profit. All you can do is increase your wagering amount while losing very little and hope to gain some VIP membership or something for your wagering numbers.

Depends on the level of addiction like everything else in the whole world. If you think it is beneficial to everyone around you that is not a high level addiction. Just take this example let's say, you are "addicted" to your spouse and normally that sounds cute, like you can't live without them and you love them and you cherish every moment with them and so forth, that sounds nice and that is actually cool and I hope that for everyone.

However, if it breaks to a point of addiction in the sense that you are obsessed about them, jealous of them, and basically ruin their and your own life for being too addicted to them, you could actually hurt people around you. There is a level of addiction in everything in life including gambling where low level of it is decent but too much of it will hurt.

I have been seeing some projects quite alright, it’s not all of them that are scammers, there are legit ones and you just have to take your time and find a good project for yourself, although they are not easy to find. Even before now there have been a lot of projects in the market that are very bad, so you just have to use that same technique you have been using to determine what’s right for you and know the right projects and the ones that are fake.

As for me, right now I am not really looking into new projects because I have been quite busy with my job and there is no time to be researching all that. So my focus has just been on already established coins like Bitcoin and Ethereum.

Got a bit confused when I was reading this – thought you meant that their wallet required users to copy and paste their private keys from one wallet to another to send coins or something lol, was not until I read the comments here that I understood what you were trying to say.

I will advise you not to make use of the project any longer, it’s quite risky giving someone your wallet keys unless is someone that you trust. And in the case of this project, have you got anything that shows that the team can be trusted? So it would be better for you to just leave it since it doesn’t seem legit to you. I haven’t seen a project that does such a thing, giving them your private keys means they are in control of your money and they can do anything with it.

These are all case to case things and there cannot be any generalized one common thing across all gamblers. But, addiction is known for its cruelty over its age. So, the earlier detection and treatment may solve the problem quicker. Compulsive gambling is a psychological disorder and any gambler will be vulnerable to it. But, proper guidelines will help gamblers to stay without affected by those disorder.

I believe this type of discussion will help gambler to realize what they actually doing while gambling and what needs to be done and what needs to be avoided to stay protected.

Yeah, it is really never going to be a standard. People still think that the way offering happens decides the funding it gets or decides on how good it will be. The reality is, doesn't matter if it is ICO or STO or IEO, if a coin is good it is good, if a coin is bad it is bad, how it was offered will not change that.

Sometimes there is hype and some projects gets more money than they deserve, look at leo and look at binance early IEO ones and you see they were hyped and got more than they deserve, on top of that look at previously on 2017 peak times, projects got funded in billions total and not many of them became good. So long story short, how it is offered is not the issue, the projects itself are the real problems we have to somehow try to figure out and solve.

Tokens out of top 50 is usually not the ones that people look at , they are not the bread and butter of the crypto community, they are not the big time gambles that people like to make. Think of it like horse racing for example. You have 100+ horses racing instead of 5-20 horses, so in this horse racing there are ones that are favorites to win, they are not going to make you a lot of money if you win, they are going to lose you a lot if you lose, because when you buy stuff like bitcoin you spend more money since you trust it more, but when it s 87th biggest coin you do not spend all your money.

The difference is, when you buy bitcoin you risk more but also it has less risk to lose, but it also earns less, when you buy a low coin, you risk less but it is a bigger risk, but you earn a lot.

Do not expect too much from bitcoin halving, everyone has circled that as a big deal in their calendar but the reality is halving is not a huge thing as much as people imagine it is. Let me break it down to numbers for you.

Right now, even the old machines that are now renewed in march with antminer s17, the s9's are still making a profit with around 7-8 thousand dollars cost of mining, that means at 10k, they are making a profit, considering nothing will change they will have half of what they used to make and that will drop it 5k profit or mainly 14-16k cost to mine, with some more machines rolling out it is easier to say it will be around 15-17k easily, however there are newer machines who can mine 1 bitcoin at 4k which means even the double cost would be 8k and that is STILL profitable at 10k. So to say that miners require at least double of this price is simply and mathematically wrong, there are miners who can profit to continue like this with no change in price even after halving.

Such projects can easily create a fake atmosphere which might motivate the investors to invest into their project and also it is not much difficult to create a fake token sale and show the maximum number of tokens sold already. This is mostly been used even now and there are a lot of projects who are using this technique to scam many investors.

It is our responsibility to check their contract address and check whether they really have collected the funds mentioned by them. If not, than create a thread in scam accusation and save plenty of other investors from investing into such scam projects. We can't stop the emergence of these scam projects but we could bust them each time they show up in the markets.

Many of the investors make mistake by following the trend each time. They just buy random coins depending on the market supply and 24 hours volume. There are some tickers which indicate coins having major volume in 24 hours and many newbies usually just buy coins depending on such tickers which at the last they have to regret to enter the wrong markets at the wrong price.

This is only because they do not take the efforts to make their own research before investing into such coins. Professional traders/investors would always make a deep research about any coin they are buying and that is what never makes them face any loss. Newbies should try to upgrade themselves in order to minimize the loss.

Yeah that’s the truth, always keep your portfolio mainly on the top coins. The smaller coins are usually disappointment. The most annoying ones are the ones that get hyped a lot and when you invest the price will drop within few days or even hours lol.

Some coins are just being hyped for nothing and sometimes it’s some of these people from the pump and dump groups that are hyping the coins and when a lot of people have invested, thinking it’s a really good coin that will keep growing, these groups will then sell their coins immediately and cause the price to fall. Sometimes it’s also the work of one big whale that loves to manipulate the market.

Binance gets less than 10 million dollars of volume is a great way of saying binance is making over 2-3 thousand dollars profit PER DAY, and we all know they are making much more than with all other stuff that goes on with that website, they are probably making above 10 even 20 thousand dollars in profit every single day and that is why they are more popular than any other decentralized exchange out there.

Plus, binance literally made their own DEX which I still think it is not fully DEX and combination of centralized and decentralized, but even with that out of question, decentralized exchange they created didn't get all that much volume. Why? Because people do not really want to use it, as long as there is no community behind any DEX, we will not see any successful one.

I think if you change hours into months this would have been seriously a good topic, maybe I should open one myself I mean think about it, 6 months to 12 months to 2 years, or instead 3 months to 6 months to one year, that one sounds better. In 3 months I think we will see a new peak of this season, probably something around 13-14 thousand dollars, in 6 months we will probably fall because halving didn't happened as well as people hoped it would so we would reach somewhere around 9 thousand once again, in 1 year we will probably break 15k and maybe even rival the 20k price once again.

Seriously it was so easy to "predict" (or precisely assume) speculation of the next 3-6-12 months instead of hours, that literally changed the whole discussion and made it better.

That’s really good and from what I can see that’s the only bitcoin ATM in that country. Imagine that people come across it and ask what it is all about and whether it’s the normal ATM and then they are being told its not, but is a bitcoin ATM.

Even those that don’t know about bitcoin would be interested in knowing what it is. It is very good, though that doesn’t show that there is any adoption. The ATM is owned by blockstale, a retailer exchanger for bitcoin in that country. It’s just a way to make their retailing easier but doesn’t mean that it is going to increase the adoption for bitcoin in that country. It’s a really good thing though.

How are you really sure that the same thing that happened with those tokens in 2017 will be repeating itself this 2020? Most people might be selling their tokens because they now believe that most of the projects in the cryptocurrency space these days are total waste of their time, that’s why you should really be careful. I have seen projects that everyone thought are going to be successful and at the end they still showed up worthless.

So, it’s best that you got and hold what you got than to keep those tokens and at the end you will be disappointed and all your days of hard work gone just like that. But like some would say, cryptocurrency is mainly about risk. So if you can take that risk, there is nothing wrong with it.

Do you actually need a BTC/ETH trading pair leverage exchange or a exchange with lower fees? Most of the exchanges use USDT as their margin collateral and you could long or short bitcoins/etherum or any other coin by just holding some amount of USDT into your leverage account. There also are some exchanges which would allow you to deposit bitcoins or etherum directly to start leverage trading but I am not really sure how they would circulate.

I am a leverage trader on binance exchange and binance only allows users to deposit BNB and USDT to the leverage account. Fees on binance can vary depending on your trading volume. You can also use BNB to minimize your fees onto the exchange.

That's the usual case. Actually in leverage trading if ever our margin balance exhaust above 80% they send us various mails informing us to increase our margin balance which only is possible by depositing some more funds or closing/changing the position. Many traders(especially newbies) make a mistake by depositing more funds just to increase their liquidation price and this is where they are trapped.

Markets move in opposite direction and this leads them to lose every single buck onto the leverage account. That is a major risk associated with leverage trading and hence mostly, newbies should try to go for leverage trading. This would mostly only land them in loss as leverage trading can highly be compared with gambling where your luck plays an important factor.

A well written self-evaluating procedures. Good work OP!

I just wonder all these are your own thoughts or you referred or copied from any professional practitioners? (I am sorry to ask this but you have not included any external references so I assume all are your own thoughts from this you sound like a rehabilitation professional who evaluate the physiological things like this type of examples and statements).

Hope you will come with more these types of physiological related things so that this gambling community will go for self assessments more frequently because I believe doing this kind of self-evaluation things may help them to prevent all gambling dangers at least some minimum level too.