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3741  Economy / Trading Discussion / Re: Can old trading strategies work again? on: March 23, 2023, 08:47:57 AM
Using old strategies can be useful but also depends on market conditions and situations. If market conditions and situations are similar to previous market conditions, maybe we can immediately use the same strategy without modifying it. But if the situation changes, we must modify the strategy to work in the current market conditions. Instead, I often use a new strategy every time I trade because I find that the market movements I encounter are always changing and it forces me to keep making strategies. Even in one trade, I can prepare two or more strategies to anticipate market movements changing direction.
It all depends on the market circumstances and how we have amended it to work for us. We can't just long on to an old trading strategy without working on it so that it can work with the current market. We know the cryptocurrency market do not work the same always and things happens based on different reasons. If we need to make us of an old trading strategy them we need to look into the market and adjust our strategy in a way that it will work accordingly to the current market movement. If we are able to do this, we should be ready to make improvement in our profit making.
That's why we have to learn about trading in more depth to make or find the right strategy according to the market conditions at that time. The more we learn, we can get something useful for ourselves and of course, we can make a lot of strategies for these conditions different. The old strategy can work again with the condition that market conditions are the same as before or at least have similar movements to previous conditions so that we can know when to enter the market. And the advantage of having many strategies is that we can try to analyze them to find out what strategies can work for that situation.
3742  Economy / Gambling discussion / Re: Betting strategy question on: March 23, 2023, 07:37:44 AM
A gambler should know his limitations and boundaries. It's not enough that you just have the money to gamble, but you should also know the responsibility that you have for playing and betting. Discipline is needed in order to not fall addicted from gambling. Knowing when to continue and stop is necessary. One must not chase winnings with greediness or revenge in mind.

Setting aside your emotions will be crucial to make or break a bet. So gamblers must do all of their best to not involve their emotions just so they could have a rational judgment and not a clouded one.
But unfortunately, many gamblers forget to maintain their emotions and responsibilities and still know the limits of playing gambling, so many end up suffering big losses. When we have played a few rounds, emotions can run high and that's when self-control will wane and cause us to take excessive risks. We just think that it's okay if we play a few more rounds because we see that we still have a balance in our account. But the truth is, we don't keep track of that balance so we end up using up all the money. This is the importance of self-control in gambling to avoid the temptation to continue gambling.

Without that control you will keep seeing yourself losing, but if you manage to practice the right attitude and you able to setup proper limitation not just with your losses but more on your winning target, the chance that aside from enjoying you'll manage to earn something decent out from the strategy that you use.

More on how you can find the best practice that you need to execute to protect your bankroll and to give you decent chance to win some out from the house bankroll.
Protecting the bankroll so that it doesn't run out quickly is our job while gambling, but not many of us really take care of it because the temptation of gambling is getting bigger. We have been allowed to take care of it and we can even pause to see the remaining balance, but we are still tempted and continue to gamble.

That makes many people experience big losses, especially when they don't have good self-control when gambling. And if they could, they could protect their balance and use it to play another day. That's why we must continue to learn to control ourselves so that we don't get other problems from gambling.
3743  Economy / Economics / Re: There is more to the regulation's aim on: March 22, 2023, 05:01:31 PM
It can happen and we've seen some banks collapse. But the government is trying to anticipate it so it doesn't spread and is still trying to find ways to overcome other bank collapses. And the government will do whatever it can to maintain the bank so that the government can keep control of it.

But no matter how hard governments try to control cryptocurrencies, they won't be able to. But they can control crypto users by making or doing KYC in every company that the government can control, which has been happening for a while. And the government may ask crypto users for money under the pretext of paying other taxes.
3744  Bitcoin / Bitcoin Discussion / Re: Buying cheap is best formula on: March 22, 2023, 04:41:57 PM
Why would you buy half a bitcoin now if you can buy it several times while the price is correcting? But if that's your decision, you should really watch the price and only buy when the price is at low price. And it's not easy to determine the lowest bitcoin price because our predictions and analysis can never follow where the bitcoin price will move.

But if you can buy bitcoins when the price is corrected, you can buy more bitcoins for the same amount of money because, with the drop in price that occurs, you get the advantage of buying more bitcoins. And if the price goes up for a while and goes down again at the same price you bought, you get a second chance to buy bitcoin at that low price. It will provide another advantage for you in the future.
3745  Economy / Gambling discussion / Re: Betting strategy question on: March 22, 2023, 03:54:44 PM
A gambler should know his limitations and boundaries. It's not enough that you just have the money to gamble, but you should also know the responsibility that you have for playing and betting. Discipline is needed in order to not fall addicted from gambling. Knowing when to continue and stop is necessary. One must not chase winnings with greediness or revenge in mind.

Setting aside your emotions will be crucial to make or break a bet. So gamblers must do all of their best to not involve their emotions just so they could have a rational judgment and not a clouded one.
But unfortunately, many gamblers forget to maintain their emotions and responsibilities and still know the limits of playing gambling, so many end up suffering big losses. When we have played a few rounds, emotions can run high and that's when self-control will wane and cause us to take excessive risks. We just think that it's okay if we play a few more rounds because we see that we still have a balance in our account. But the truth is, we don't keep track of that balance so we end up using up all the money. This is the importance of self-control in gambling to avoid the temptation to continue gambling.
3746  Bitcoin / Bitcoin Discussion / Re: Could there be any importance and need for some kind of mild regulations? on: March 22, 2023, 01:13:04 PM
As long as the people in control are honest and can take responsibility for their work, I don't think we need to be afraid of a centralized system. But now that there are bitcoins that can give people the opportunity to make money, they can use them without anyone knowing unless they are asked to do KYC.

Governments don't want anything they can't control so they try to make regulations for crypto and crypto users. This is so that the government can find out who has succeeded in making money from bitcoin so that the government can see it on their tax returns. Everything people use bitcoin will ultimately be related to taxes set by the government, which the government has controlled.
3747  Bitcoin / Bitcoin Discussion / Re: How many BTC needed for retirement in 10 years? on: March 22, 2023, 12:16:31 PM
I still want to collect more bitcoins for now and even if possible, I want to have more than 10 BTC and more than 100 ETH. But I don't know when I will be able to have that amount of BTC and ETH but I will keep trying hard.

Maybe in developing countries, having 10 BTC is more than enough to be passed on to posterity and they will not lack anything in their life especially if they can develop their skills and abilities to add more bitcoins. And I think more bitcoins would be better for us because there is a possibility that bitcoin will become more expensive.
3748  Economy / Gambling / Re: No bet is a waste on: March 22, 2023, 11:22:44 AM
Good day forum members, it has been too long since I come to this forum (online), and the reasons are because of my activity at work I can't meet up with time and I can't even drop a predicted match because I don't want anybody to get a hug loss on my predicted matches.
But by the free time I have today, I will try as much as possible to drop at least more thank 3 odds prediction.
That's fine @OP. I think some people are still waiting for your prediction even though you haven't been able to come back in a few days.

And I think they still want to see your prediction and may place a bet after seeing it. Hopefully, later, they can win some bets from the results of their analysis and your predictions can be useful for them in analyzing more deeply. So let's see what your predictions are for the next game.
3749  Economy / Trading Discussion / Re: Can old trading strategies work again? on: March 22, 2023, 10:05:22 AM
Using old strategies can be useful but also depends on market conditions and situations. If market conditions and situations are similar to previous market conditions, maybe we can immediately use the same strategy without modifying it. But if the situation changes, we must modify the strategy to work in the current market conditions. Instead, I often use a new strategy every time I trade because I find that the market movements I encounter are always changing and it forces me to keep making strategies. Even in one trade, I can prepare two or more strategies to anticipate market movements changing direction.
3750  Economy / Gambling discussion / Re: Referral bonuses are waste of time on: March 22, 2023, 09:11:42 AM
I don't use my referral link to get commissions, because I only have two people in my life that I trust and who care about me, I don't have many friends. Apart from this, people takes such things as you taking advantage of them, to enrich yourself, they will see the whole thing like you now owe them for helping you, this is why I won't refer people through links to earn any commission, I would rather go for deposit bonuses only.

It is even hard to be in the midst of friends that are into gambling, even within my family, only very few people engage in such activities, some even see as an evil activities, too much of religion fanatic.
You can try to spread the referral link through your website or social media so that you can feel that you are getting a commission from the referral link. But if you really have decided like that, that's also okay because we will choose what makes us feel comfortable.

This referral link can help us get commissions from people who want to join us, even out there, many people don't know each other and only join through that referral link. But I admit it's not easy to get people who want to join us through referral links because they will think before joining.
3751  Economy / Gambling discussion / Re: How my lack of knowledge has blinded me so far on: March 22, 2023, 08:14:54 AM
For sure, those big casinos follow this. Thanks for the information, as I was not aware of this. I am also one of those who doesn't like KYC, but I still do it because I don't have a choice since those casinos that are not regulated, let's say illegal, do not have KYC, which we like, but if we win big, that is now the problem. Let's do KYC only on those big platforms to make our data safe, and we can still continue playing, so we don't have problems when we win big.
If you're asking as a potential owner and asking if you need to implement a KYC policy for your players, it depends. If you are a big casino and have a license you have to follow KYC policies which have to be enforced due to regulations like Bitcasino and Stake as examples.
I also don't like KYC because it involves identity and I'm worried that unwanted things will happen like being abused, but there is no option to follow it especially when withdrawing large amounts even if it's just a dream.
If I were a casino owner, maybe I would not apply KYC to the small gamblers who have routinely deposited money to gamble at my casino. I might be able to implement KYC for my members who deposit big money to play gambling, especially for those who have just joined my casino. That's because I want to know their background and don't want to get into trouble in the future, especially if I later find out that their source of funds is from illegal activities.

And I think those gamblers already know the consequences of using big money to gamble, although some new members will complain about why they need to do KYC. We can explain the situation to them so they don't misunderstand because we as casino owners and managers, are only trying to comply with the regulations of the regulator.
3752  Economy / Gambling discussion / Re: why people promote gambling sites . on: March 22, 2023, 07:15:16 AM
Are there negative points? (lose money), of course it exists, but I have never seen an advertisement for anything in this world announcing its negative points.
Who needs to interpret the risks and decide whether to contribute money is the user.
it is, why do people in advertising and in businesses will tell about the negativities ? instead it is the positive and the good thing will be release and that will make them more believable and money making.
No one would say any negative points to the public because if they did, no one would be interested in signing up. People or even casinos carry out promotions to attract their interest in playing gambling at certain casinos so that many people will join.

They will provide the best offers from the casino so that people want to join and deposit some money to gamble. And as long as those who promote the casino can get the best, people who join will feel the satisfaction of using the casino.
3753  Bitcoin / Bitcoin Discussion / Re: Given an option between Bitcoin and Fiat which do you prefer? on: March 21, 2023, 05:25:20 PM
The use of fiat has been around for a long time and has been recognized by the whole world, while the use of bitcoin has indeed begun to be recognized. But for the use of bitcoin, I think it depends on the policies of each country. I prefer fiat as a medium of exchange or payment in a country rather than bitcoin because I choose bitcoin as a future investment.

If you ask how long bitcoin will be accepted as a digital payment instrument, it depends on the governments of each country. All regulations regarding the use of money will be under their control. The government can decide whether the use of bitcoin is legal or illegal and we citizens can only comply with it. Maybe we as bitcoin users, see the great potential in bitcoin but if our government has not approved it, we cannot protest against them.
3754  Economy / Gambling / Re: they are scamming us? on: March 21, 2023, 04:34:03 PM
There is a particular gambling site I stumbled on. It was so obvious that they where manipulating the whole process. Some are programmed to favour only them but there are good number of gambling site that favours the players as well.

Always stake what you can afford to loss.

This is a business and sole aim of business is to make profit.

Perhaps, there is some truth to it, but we should also be able to protect ourselves from these fraudulent gambling sites so that the casino does not fool us. But sadly, some people still end up being scammed by those scam casinos because they are tempted to get offers that are too good to be true. People don't see that they have exceeded their limits and continue gambling. This makes them fall for the scam and can't get their deposit money back because the casino doesn't want to know what happened to them. The casino only knows that their member has violated the rules and the casino closes the account.
3755  Economy / Gambling discussion / Re: why people promote gambling sites . on: March 21, 2023, 03:46:01 PM
If those people only think about the money that can be made from gambling, they will never be successful even though perhaps, to start with, they can get new people to join them. But once new people find out what those influencers have been up to, they will stop playing for a while and look for other influencers who can provide the information they need.

But if an influencer can tell all about gambling in detail and also tell them that gambling has risks, some people will join that influencer. They understand the risks of gambling and are willing to take that risk. These influencers might be successful in getting lots of people to join them.
3756  Economy / Gambling discussion / Re: Top 3 Reasons Why Cytpocurrency Gambling is more Addictive than Fiat Gambling! on: March 21, 2023, 02:47:09 PM
the reason I choose to gamble at crypto casinos over fiat casinos is because for me crypto casinos often give me wins even if only small wins. I have felt several times on my slot game that fiat casinos spend their balances faster, but crypto casinos still provide little profit.

but I don't know if it's just my feeling or indeed everyone feels what I feel.
Yeah I experienced the same because slots machine in land based casino seems either manipulated or the RTP rate is lower than online slots. There's no way for us to know the system behind the slots machine, even the worker already trying to convince us if the slots machine is trusted enough, but if we can't verify, we can't say his words is right.

But if you're betting in sports, I think either crypto casino or fiat casino is same, the only difference is the odds and betting options.
Luckily for those of you who have experienced how fiat casinos work, I haven't tried playing in fiat casinos. That's because I have to use my bank account to deposit money into my gambling account, which is in a fiat casino. I don't want to get in trouble with the bank that will know where the money in my savings is used. I'd rather stick with crypto-only casinos than fiat casinos because my government is trying to investigate fiat casinos that many people already use for gambling.

But I guess the odds and betting options will probably be the same between crypto casinos and fiat casinos. But I don't know, and I'm just guessing.
3757  Economy / Gambling / Re: Gambler Loses 1.4 million USD in a bet with lower than 1.01 odds! on: March 21, 2023, 02:11:51 PM
Look at his bet more attentively. He don`t want to spend money or to get emotions. He tried to get easy money for small odds. But the gambling can surprise. He made all his possible to decrease risk and get money.
I always say that the gambling must be for fun. In all other situation you`ll get the moment of disappoint in gambling. And it will be a good situation if you willn`t lose all your money.
It is possible that he intended to chase big wins so he boldly gambled with big money but lost. It's fine to have money to gamble but if that money is from his savings, he will regret it very much and maybe he could end his life because of that big loss.

Betting with emotions can make us lose control and not be able to think straight because all we have in our minds is to earn big money by placing big bets. And we will not realize what we will experience in life if we experience that big defeat. Don't let us experience a big defeat like him. Otherwise, we must feel what we are doing is a waste.
I don`t think it is so. And we know about this bet just because he lost it. I`m sure that there are lots of same winning bets.
Of course we can`t know the truth without information from this gambler and i don`t think that he`ll tell anything, but it possible that it isn`t all his money and he can make several such bets one time. And the other bets win.
It could be that it is like what you say because we don't know what really happened. That's why we can only speculate about what happened to him and we really don't expect him to gamble big money even though he is very rich. But it's true, he could have won a big win before but he didn't tell the public or those of us who didn't know he had a big win from the previous bet.


Betting with emotions can make us lose control and not be able to think straight because all we have in our minds is to earn big money by placing big bets. And we will not realize what we will experience in life if we experience that big defeat. Don't let us experience a big defeat like him. Otherwise, we must feel what we are doing is a waste.

An outcome of un-control gambling activities, I agree that betting with emotions can triggered your aggressive approach and without luck the outcome will always in favor of the house, though despite of a high chance winning pick the gambler who bet this huge amount still lose his money, it can be an easy money if shit didn't happen on him.

But we all know that inside gambling everything is possible and that will serve as a good example to prevent thinking that you can easily come out with decent benefits, as the outcome may turn against you.
And instead of getting that huge defeat, we should always try to control ourselves so we don't think that using big money can give us big wins. Using big money will not guarantee that we can get big wins, but what is certain is that we can experience big losses, especially if we lose control.

Betting on emotions only accelerates the loss of money instead of trying to enjoy the moment of gambling. And we certainly will not be able to accept if we experience defeat. Therefore, try not to continue the game if your emotions start rising. Immediately stop playing and leave the casino.


You need this kind of limitation in order to not to proceed if you already feel that your emotions is the one who's dominating inside you, it will prevent you in losing a huge amount of money and like what you have said, the entertainment is no longer present but it's already been replace by lust and desire to win the game.

With how huge the amount that is being wasted with such a mistake, I can see if that happened to me. Regret and depressions will take place.
By having limits in gambling, we can know how many bets we can place and not take risks by placing bets we cannot see. Apart from that, we must also have self-control in gambling to suppress emotions that can escalate at any time and avoid big losses.

If that person only had that amount in his savings but used it for gambling instead, he would regret it greatly and would fall into a deep depression due to gambling. We have to be able to prevent that from happening to us.
3758  Economy / Gambling discussion / Re: How my lack of knowledge has blinded me so far on: March 21, 2023, 01:11:34 PM
For me, I don't like online Gambling platform. I used to feel like its being programmed to make you later lose your funds. For the KYC parts, some platform steals KYC and even delete user account after that. So, its dangerous in both part. With this my little understanding, I stay away from gambling generally
It's great if you can stay away from gambling after a bad experience. But I guess some online crypto casinos still don't do as bad things as you have experienced. And it depends on how you can find and get those online crypto casinos.

But if you feel that all gambling platforms will steal your KYC and even delete user accounts, then you don't need to approach gambling and you are already doing good for that. But so far, I think many people still play gambling at online crypto casinos and their accounts are still safe. And it's up to each person.
3759  Economy / Gambling discussion / Re: Top 3 Reasons Why Cytpocurrency Gambling is more Addictive than Fiat Gambling! on: March 21, 2023, 12:08:42 PM
I do not call myself a gambling addict but I am a regular gambler but at least with minimal bets nowadays. I am not for number 1 as OP stated since I am a holder of cryptocurrencies, especially bitcoin. So I am into crypto gambling rather than fiat online gambling partly because of anonymity. Yes, I knew a lot of crypto casinos are asking for KYC but there are still some that are not asking for it. Although they might ask for it if the amounts are probably too high like hundreds of thousands of dollars. So I am using crypto casinos for my gambling mainly because I am a big fan of cryptocurrencies.
As long as you can use crypto properly and when you use it for gambling, you can control the amount of money you use is not too big, you are unlikely to be asked to do KYC. Crypto casinos that don't ask their users to do KYC may still give them a chance to gamble because casinos know that many people still gamble with small money and don't do any illegal activities. This helps us to keep playing gambling at trusted casinos and are not or have not been asked to do KYC. But one day, there is a possibility that casinos will stipulate that all members must do KYC.
3760  Economy / Gambling discussion / Re: What is the Strangest Bet You Have Ever Had? on: March 21, 2023, 11:09:46 AM
it's either you didn't grow up with your siblings or you where too serious with life and you guys didn't relate much because, I do not think there's any adult who didn't bet for fun while growing up, at one point or the other, we have all placed a bet even when we don't seem to have the money to redeem ourselves if we fail, we bet either with our friends or siblings.
I guess that's not necessarily true either because if someone were brought up in a strict family environment and were very strict about caring for their children until they grew up, they would not even dabble in gambling, even if it was with their friends. They will not break the rules set by their parents because if they play gambling, somehow their parents will find out. I have friends who are like this and until now, they have never touched gambling or thought about gambling. So maybe it depends on how parents can educate their children.

But on the other hand, I also have friends who often gamble with peers and sometimes the bets are simple things that can become bets for us. For example, maybe we once bet on the presence of a teacher at our school during high school so we would bet on whether the teacher will teach a class on time or whether he will be late or even not teach at all. And we might make many other simple bets when we are young.
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