recently I've come across some information for an upcoming soccer match and I'd like to place a big bet of 50-100k, how easy would it be for me to take out a loan and how long would it take? has anyone else done something like this? feel free to message me or comment below Question is where do you plan to take a loan? Do you have any collateral to give incase you are not able to pay? 100k is not just a small amount that for someone to lend you especially that you'll just use it on gambling. Taking a loan just to gamble will just ruin your life. You'll just be in debt if you lose on that soccer match that you're planning to bet. If someone could predict accurately the outcome of a sports, I don't think they will share it to someone.
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How do you feel when the bear market is happening and do you hate it?.
Most people hate bear market including me of course but if we look on the bright side, that is a big chance for us to buy many cryptocurrencies at a very cheap price. Once the market goes back up again, earning 50% of your capital is easy when you bought during bear season. Market will never stay up or down so we should be prepared what to do when those moments are happening. When market is up, learn to take profit. If it's down, avoid yourself from panic selling and accumulate more if you can.
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How often do you transact in the real world with your bitcoin or digital money?
If it's bitcoin or crypto, I don't spend it as much as I can. I treat those assets as my long term investments. I will just spend all of it when I retire or there is an emergency. For digital money, if we are talking about real money stored in digital wallets then I use them often whenever it's possible on paying bills or buying groceries. I save some money that way rather than withrawing it on an atm because I only spend exactly what I need.
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Gambling bots just automate your betting, they don't increase the chance of your winning. If gambling bots are really profitable, then gamblers using those scripts are already rich by now. I've tried using a script before on a dice site, at first they are working and your bankroll is indeed growing but when you increase your base bet, you'll hit many lose streaks until it eats up your whole bankroll. There is really no particular strategy to be profitable in gambling, even if you use multiple patterns for the casino or website to not notice you doesn't also guarantee a high chance of winning.
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Other then that, even if a site has a good rep its still possible they will scam. Just be careful and don't bet a ton until you feel comfortable with the sportsbook.
Works the same with decentralized exchanges. Leaving or storing a huge amount of crypto on dex for long term is very risky. In terms of sportsbook, for me as long as it has good reputation and you don't experience any issues using it on your own, then I will continue using it. But once when I encounter issues like customer support not responding on your query or restricting your account without any valid reason then I will stop using it even if your case is just isolated.
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Depressions because you have invested what you cannot afford to lose and too expectant for immediate profit or gain. Investing in cryptocurrency is all about patience that's why people need to know that it's not a get reach quick opportunity. Even though some people make profit quickly but not everyone will be lucky to experience this. So to avoid having depression, stop investing what you can't afford to lose and also don't check price everytime.
Most newbies are like that. They invest too much because they see the crypto pumped a lot already. They panic buy thinking it could go higher but once the crypto starts dumping and they bought at the peak price, they start to feel depressed because their investment went half or maybe even worse. These newbies only buy when the crypto is at its hype, when market is in accumulation phase they don't study what crypto is good to invest.
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As you gain experience in crypto, you will learn how to do both. I trade when the market is in a good sentiment but when its uncertain where it will go like what is happening now, I just hodl my crypto investments. If you have weak emotion in trading, then it's much better if you will just invest for long term coins and hodl it. It requires years of knowledge and experience just to be a profitable trader.
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It is a currency with a very high appreciation ratio, starting at 0.23. In your opinion, is it worth starting with this type of currency?
How can you say that it has high appreciation ratio? Is this a presale token that promises a huge value in the next few months or years? With that marketing style, you can obviously tell that it's not worth buying or just some sort of p&d shitcoin. If you're newbie in crypto, don't get blinded with those promises. They are just creating a hype to dump their tokens on newbies like you. Don't invest based on hype, check its whitepaper first if it has real developers and roadmap for their project.
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Our Founder: GARDNER, Maxim is Co-Founder and CEO of ESCROW COIN LIMITED.
Found this on the "About Us "section of the website and searching the name above won't show you anything about a CEO of any trading site so it's obviously a scam. Clicked the trading pairs that they offer and it just redirect you to tradingview with its associated ticker. What you all see on the website are fake. They don't even have social media that can show if they can be really trusted.
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I only do scalp trading so I don't usually use many indicators such as RSI, FIB, BB, etc. Moving Average or MA is enough for me to trade at 15 minutes timeframe. My buying and selling indicators are the 3 MA's that I use.
I think it depends what kind of trader you are, some people that trade in higher timeframes use many indicators to backup their predictions about the market. Learning many indicators is a must especially if you plan to trade full time with high amounts.
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Is Antivirus still a good way to avoid some malware on my PC? I want to start working on my PC online but I don't have any Antivirus or security on the system since it's been year's since I work on PC last, also I have two to three crypto wallets on my PC.
My PC is 5 years now and I only use the default windows defender since then, so far I haven't been hack or discovered a malware that will cause my crypto assets to be stolen. As long as you know what websites you are visiting and not clicking some malicious links then there is no need to install other Antivirus. If you have some large assets, it's always best to have a hardware wallet to secure those properly.
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Do you know other strategies?
I don't know if it can be considered strategy but not being greedy on price targets should also be learned by beginners. Some crypto investors, even experts have difficulty to sell at their price target when that particular crypto is going parabolic, when that coin pumped 100%, they would not sell thinking that it could go 100% more. People should learn to not regret at selling on those pumps because crypto market is very volatile.
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Answered this multiple times on this forum, nothing changed in our country. The only thing I bought was a digital wallet code for a game Bitcoin is still not that accepted by people so you can only buy digital goods with it. There is one merchant here that accepts bitcoin to pay your electricity bill but I feel a little bit guilty once when I use it to pay our bill as I treat it to be more of my investment. But during hard times, it's really hard to not touch it.
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They're a web3 casino and they have to integrate it with popular wallets like Metamask, you have to check it because it's there.
Is there other website that are like them? I like their platform very much as it is really convenient to use, you just connect your wallet where you have some crypto then you are ready to play. They even support multiple networks so you won't need to bridge your funds just to play. Now I'm thinking if it's possible for famous web2 casinos like primedice, fortunejack, etc. to transist into web3. They need to keep up with the competition if future casinos are built in web3.
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1. At what age did you start learning about bitcoin? 2. What role did age and prior experience play in helping you learn about bitcoin and cryptocurrency?
I learned about bitcoin way back 2016 which I was 19 years old at that time. I was looking for some additional income to my college expenses then I found about bitcoin because some people I know are earning from it. A friend that I only met online told me about this forum that you can get paid by joining signature campaigns and that was the start of my crypto journey. 3. With your current knowledge about bitcoin and cryptocurrency, do wish you started at an earlier age?
Bitcoin is still in an early stage that time so 2016 is a good year that I started to learn about it. I just wish that I did more faucets grinding that time because during those years, faucets websites give bitcoin for free. You can easily earn 0.001 btc that time in less than a week. No one paid attention too much from it because the value that time is only small.
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so like the OP said, "take risk with what you're ready to throw away". Doing this won't really be a loss but rather an experience gained to do things differently, smart and better.
Problem is some people forgot or don't know anything about risk management. They invest too much because of the get rich quick mindset. With the parabolic growth of luna in the beginning I'm pretty sure there are some people that only invested because of the hype. But with the Terra Luna collapse, their 6 digits investment became 3 digit just in a week. Some people got depressed to the point that they took their own life because of that experience.
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This scenario is very common, there is a reason it is recommended that you keep your family and friends matters apart from your money matters, because if there is some disagreement or issue when it comes to the money not only you will be affected financially but your personal relationships will also suffer, so while some light financial advice is acceptable, like promoting to save money for a future investment, it should never be anything too specific or that hides a risk that is too high, otherwise something like what you mention can happen and you will lose a friendship or your relationship with a family member.
This is why I avoid giving advice to my friends and relatives about investments especially cryptocurrencies. If your advice fails, they will just blame you and you will feel a bit guilty even though you did nothing wrong. On the other side, I also keep them from knowing my financial decision of where I invest my money. You'll just hear some hurtful words from them that will decrease your confidence about your decision. But when you became successful with those investments, they praise you like they are behind you taking those risks.
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For few reasons this is good. - Important one is the kids getting into gambling can be restricted.
- Government is able to tax the gamblers.
- Casinos have the advantage of solving issues, if someone have tried to cheat.
- It is possible to easily keep track of gamblers getting into addiction. Measures can be taken by giving break to those users.
On the other side the privacy of the gamblers gets disturbed. Governments have every data, more people will look for ways to duplicate the id and using blockchain technology will make the process more effective. This move from the governments will direct people towards cryptocurrency accepted platforms for their gambling needs. Everything has pros and cons. I don't think the negative outcome you mentioned outweighs the positive one. People can't do anything about submitting their private data to the government. They need to do it if they want to gamble without worrying. If people will fake their information, then they are just putting their self in more danger from the government. In this digital world, it's really difficult to not comply to those policies.
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I believe we might be in that phase when everyone else starts to think that Bitcoin has reached the bottom of the current cycle, and that it couldn't go down further anymore. BUT remember when Bitcoin was crabbing around $6,000 during 2018, and then it crashed down to $3,000 in November, 2018? Bitcoin $29,000 might be the new $6,000. So you're saying we can dive deeper 50% from $29,000 which is below $20k? Who's going to sell below that price? We've been above $20k for more than a year now so I assume many people bought above that price. It will take some whales or institution selling for the price to tank that deep. If price really goes that low, I'm pretty sure it won't last that long because it will be a big opportunity to small investors to buy some bitcoin for their future.
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This is a great concept that opens many ideas to gambling industry. Maybe soon more online gambling casino will do this to attract more customers on their platform. If the nft prize will have a utility then more gamblers will bet on it. Even I won't hesitate to gamble some money to get that as long as its perks is good. This also introduces what really is NFT, not just some jpegs that anyone can put on their social media accounts.
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