First, maybe this is not an appropriate board to discuss with this stuff. You can see more discussions about this matter on the Gambling Discussion board.

Don't blame gambling, they haven't had a negative effect if you know how to control your self over gambling. If you are regularly visiting the Gambling discussion board, you will always see this advice. "Only gamble of what you can afford to lose ". Engaging in gambling as a newbie isn't bad at all if you treat this as a fun activity not just a source of income. Just like spending bucks of dollars to watch a movie in the theater while eating pop-corn.

Ain't experts on using this but as what I have heard this is not advisable for beginners to use. This is a very crucial step if you are using a grid strategy, you should always have double care and vigilance with the movement of the market price while using this strategy. The stop-loss orders prove to be essential with this grid strategy and yes, you can manually set up your using trading bot through this grid.

I have a little insight into this abut I don't know how accurate it is.
Pros.

• It Could be beneficial if you don't rely on the single fluctuation in the market.
• You can always take advantage of the market range, consistency of market definition value.
• Low but consistent profit.

Cons.

• Not recommended for newbie because this is not a failsafe way to trade your crypto asset.
• If you don't know how to work stop-loss orders set up, this isn't recommended.
• Aways have care and vigilance against the market movement.

PS, I wrote this for my own opinion. Manage your own risk if you don't want to lose all your money.

I have a good online link to read for you, HOW TO GRID TRADE: The Good, The Bad and The Ugly.

Thank you for the heads up you did good work here. It's a very helpful thread to avoid scam that accompanies this pandemic coronavirus.

This is an old strategy of scam, fraudulent charities that asking donations from people who didn't know which is an official website. They are always great impersonators just to fool naive people for easy money that always appear every disaster may happen. Just make sure you've led on the right website if you wanted to donate.

The thread above that I quoted is really helpful when it comes to this kind of fraudulent scam.

Nope, they aren't the most trusted wallet at all, I saw many complaints against them and many crypto enthusiasts lost their crypto assets upon storing this close source wallet. I think there is a failure of their system or lack of customer support.

In addition to TravelMug links of scam alert of this forum.

• [COINOMI] Alert!! Lost all my coins!!
• WARNING - Coinomi Wallet CRITICAL Vulnerability Made Me Lose My Life Savings

In short, they are vulnerable to a scam. Buy a hardware wallet if you really want safe storing of Bitcoin OR much prefer to use the Electrum wallet. Less scam complaint.

All kind of businesses was down their revenues at this moment and they are also affected by this pandemic covid19. All companies at this time must be helped by their workers/employees. They are oblique to pay their employees because the government announced home quarantine during this pandemic and the government was also issued an order that employers must pay 1 month equal to monthly wages with no conveyance expenses. Employees have the right to ask financial support to their employers.

Therefore, we should encourage everyone to hold furthermore as long as they can.
I also believed in holding long term will be benefited you most if you have extended your patient upon holding your Bitcoin.

Anyway, I think Coinmarketcap has a feature of having Historical Data of Bitcoin, probably this is also accurate information with the legit source.

As far as I know, not only the country of India has printed more money even their government knows that for sure of increasing the inflation and would possibly reduce the value of bonds. Probably it will create a problem in the future.

I agree with the decision of the Indian government, they are need to focus on needy by their citizen. There are many people out there that need help by governments through financial in order to buy foods on table that they need while they are under lockdown. I would say, printing money is good but they should have back-up on it by borrowing extra money, financed entirely by RBI and they should not worry about the inflationary consequences. There is always a solution to it, as of now, think the survival of coronavirus.

Whether it is a decentralized or centralized exchange but traders always looking at the liquidity of the exchange. The market volume and the number of trading pairs. And the second priority is security, as long as the exchange has been built a strong reputation that is fine to them. Both of them had pros and cons that might we can benefit the most.

Here is my short insight between them.
Decentralize:

• Not recommendable to newbies
• Low liquidity
• Anonymous/Anonymity
• You have a full control of your fund

Centralized:

• Easy to use by newbies and has advance feature
• Good in terms of Liquidity
• They are the third party between traders and they are controlling your fund, not you
• Collecting your personal identities and should pass KYC

Now, you think which better for you.

Finally, I have been paid now.
https://www.blockchain.com/btc/tx/f01537dbe740f3899bdc0acf379597c141f8bda5752ad6958134b77fe40f8168

Thank you and until next time when I needed most, it's a great help. You're a great lender.

That is a different story here. It will depend on which country you resided in and probably this is now a case to case basis.
If your government allows you to gamble and asking you to pay tax under their jurisdiction, so maybe a spreadsheet or documentation of what you have spend in gambling is needed. In order to calculate your tax payment. But if not, I don't think what is the importance of tracking how much you have been spent in gambling.

Correct, there should be a bullish of Bitcoin price at this time but people prefer to use fiat because not all places in the world have an internet connection. Implementing a contactless mode of payment at this time is a very important thing while following the social distancing to avoid being infected with this pandemic covid-19.

Probably one of the hundreds of reasons might Bitcoin is not fully legal in most countries so, people cant use it as a mode of payment. However, there are too many ways to in implementing contactless payment, we have an e-banking system that might very common at this time. But at least we have witnessed now the improvement of the Bitcoin price even the pandemic was still there.

Please dont offend but I think your head title is need something to change. I think this could more relevant " List of Gambling Investments and Discussion". A compilation like this is very important because it becomes very easy for users to find and research this kind of topic. It also avoids the multi-posting of the same idea or making redundant topics.

It is good if you will summarize all the important pieces of information in every thread that has a good discussion about gambling investment and also includes gambling sites that safe and reliable to invest.

This is already discussed on this thread.
USDT isn't safe at all to hold because it is not fully back by fiat or other local currency. I won't recommend this to hold because you will not earn this stable coin.

Long term holding on USDT is not recommended but this is very helpful to the traders it gives the real value of dollar currency.
Yes, you can trust this in a short period of time.

When the covid-19 started spreading and most investors begin switching their crypto assets into fiat that caused Bitcoin price to drop. It has big negative effects on the world's economy. They think that Bitcoin's price is correlated to the bond market and stock market because they are crushing together. But for me, this is normal or maybe coincidence.

• 1) It's showing now a price resistance at last, but I still believed that the sudden crushed is because of coronavirus pandemic
• 2) Every government doing their great job of having a stimulus check to their people and have for an economic impact payment
• 3) Halving might be had an impact, but it is not quickly occurred.

We should be thankful to those our fellow members here in the forum who keep busting scam phishing sites or fraudster websites.

I saw several times OP posted scam reports and maybe it is good if you compile them all and make a list of if yours. Just like what @Baofeng did on this thread, he/she made a compilation of all reports he had. Or maybe both of you might combine all your work in one thread.

Anyway, thank you for the heads up here. I also reported it to google.

For what reason in tracking your losses in gambling? From the start, if you applied this to your self "gamble that you can afford to lose" there's nothing important to know how much your losses or even your winnings.

That is a bad idea if you think gambling is a form of investment, yet you can invest in the online gambling platform bankroll and I think that is what OP means. Don't ever think and treat gambling is a source of income or a sort of investment, think first those consequences of what gambling has.

I tend to agree on the last reason for security purpose why they are moving their Bitcoin to another wallet. But the fact is, there is no particular reason for this. We have a lot of theories and assumption about this, but they are the only one who knows the truth.

Probably they are just combining the total input in one wallet or it could be transferring funds from the cold wallet. But I believed most just because of the security matters.

Not all people are jobless at this time even though there's implementing lockdown. I still have work even though there are some essential establishments forced close, the company that I have been working is a part of the exempted of banning or closing by the government. After my work, I can still manage my time here in the forum reading and sharing ideas while looking for updates status of this COVID-19.

There's nothing have been benefited me during this outbreak of pandemic but fortunately, I have a still source of income that I think I will still survive together with my family. But there is one thing that I worried most and I hope it will never happen. ( Taking care of my self not being infected of COVID-19).

I will do the same as you if I don't have money to buy food or even toilet paper as a daily needs for my family. That was the reason and effect on the global market, all went down and affected due to this pandemic, even though the crypto market price has no excuse with the outcome of the pandemic. So we can't blame people if they want to pull back their investment with an exchange of food to survive during this outbreak. All we need to do is to be strong and budget our money as long as we can do in order to survive and be patient at all.

The outcome of this pandemic? For sure a global economic crisis and we're on the recession.

That's it, this will be a case to case basis. We can use Bitcoin as payment if there are many merchants near in our country that accepting Bitcoin as a payment. But unfortunately, they are also affected by this current pandemic lockdown. I don't also use my Bitcoin as a mode of payment, because for me, this can be valuable stuff that can I preserve and gain profit in the future.

Most of the crypto enthusiasts that own Bitcoin, some of them are holding and using it for trading, not for the daily expenses. And, I'm the of them.