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3781  Economy / Gambling discussion / Re: Why would anyone use a betting broker? Have you tried it? on: January 21, 2021, 11:42:25 AM
I have never used the services of a betting broker because it always seemed to me that only newbies use such services and to be honest I have a negative attitude towards trust management. In my opinion, it is a completely unnecessary link between the gambling site and the player.

Can't believed that after all the discussion here, that's your thought about a betting broker. I respect your opinion but..

Contrary to your belief, not newbies but professional gamblers always use a betting broker service. And if you have a negative attitude towards trust management, then just apply your way on how you select a good service as on any website. There's no linking of a gambling site to a player here. It's a tool that a casual sports bettor won't understand.

For sure he never try to use the service of betting brokers or even have on idea on what is their service offered to their bettors. And I respect his opinion about that since maybe his not really unto gambling and doing this for entertainment purposes only. Also negative thinking about that services is normal since many scams happened in the past until today so expect  people will think about negative on that options.
Or maybe he never knows about betting broker service, because if a person does not gamble too often, he will not know a service like that, especially if that person is gambling using crypto.
It is hard to trust someone or services, especially if that service broker is new to him.
Maybe someday, he can search for that service, and I think that service will be available on his local casino which has a list of the gambling games.
But do not use that service if he doubts that the betting broker can not handle his money with the right.
3782  Economy / Gambling discussion / Re: The biggest 10 countries that gamble the most. on: January 21, 2021, 10:05:25 AM
I'm not sure about this statistic. It seems to me that there should be other countries. I read a study that more gambling is done in poor countries. This has to do with the fact that people are so hopeful of getting money. It's also obvious that it has to be countries with a large population
I think the statistic is not accurate because we do not know each country's situation and how people react with gambling games.
But I agree that in poor countries, people tend to play gambling because they think gambling can give them money by playing traditional gambling games, making traditional gambling games very popular in those countries.
Maybe in the other country, gambling games are popular because whether we agree or not, gambling games can tempt them to come and play many gambling games.
Their mind will think that gambling is a good way to make money, but they are not right to think like that.
3783  Economy / Trading Discussion / Re: Can I get rich by trading on: January 21, 2021, 06:52:29 AM
I had a similar experience when I jumped aboard the crypto bandwagon. I wanted to get a piece of the trading money quickly so I patronized signal groups and even pump & dump groups too. There were wins but the losses quickly outweighed the wins when the 2018 bear market kicked. I was caught with my pants down with no clue of how to preserve the profits I made during the bull market. That's the downside with skipping the learning process, you tend to gamble on trades. No rules, trading system, setups or even properly managing risks. It's gambling, nothing more.

I learnt the hard way.
I had that experience too in 2017-2018 and at that time, I almost made a big profit, huge profit, if I do not have an urgent thing that I need to solve.
But I do not regret it because I still make some nice profit with that, and I do not be too late to sell my coin at that price.
I never join in the pump and dump groups because I know that the groups are too risky to join, and many of my friends lose their money because they can not follow the price moves.
We already had a bad experience in the past, and I am sure we do not want to get the same experience, so we need to prepare for the next bitcoin and altcoin season to sell at a high price.
3784  Economy / Gambling discussion / Re: Toronto women win jackpot lottery on: January 20, 2021, 12:37:39 PM
I can not imagine they still doing that 20 years with the same number in the lottery.
They are focused on doing the same thing for a long time, and now they deserve the jackpot, and they get very big lucky in the lottery.
That is a huge amount of money they can win, and they must be happy because they do that from a long time ago.
Yes, that is a dream come true, and no one can know what will happen to their future, but they still do that.
Congratulation for that. That show us to stay focus in anything we do to get the big reward in the future.
3785  Economy / Gambling discussion / Re: Gambling as a profession: there's people who live out of gambling? on: January 20, 2021, 11:10:12 AM
From my understanding, you can only be a professional gambler to those games where there are bigger odds of winning, like poker and betting. I am not sure about casino's though. I have not met anyone that made their living playing games on casino's. Do you know someone who has played slot machines and made it a source of income? Maybe someone can give us good examples of casino goers who made their living gambling in these places.
No, I do not think that person can earn much money from playing slot machines because gambling games are based on luck.
Maybe that person can win on some time, but he can not always win every time he played, and that will need a long time winning, especially if he does not have luck.
But if that person gambles on the sports betting or poker game and has experience and skills in that gambling games, I am sure he can win many times and earn money from that games.
It is not recommended to use gambling as a profession, but we can enjoy playing gambling games and have fun through the gambling games.
3786  Economy / Trading Discussion / Re: How To Protect Yourself In This Situation on: January 20, 2021, 08:54:35 AM
Using stop-loss will be the best thing you can do to prevent the big loss because we do not know where and when the market will moves.
If the price is down from $37,000 to $35,500, your order sell will fill, and you only need to wait for the next order buys at $34,900 will fill.
If that can be fill in the next minute or hour, you will have your bitcoin and if the price can bounce up to $35,000 while you place an order sell at $35,000, it will fill your order sell.
After that, you can repeat the process like that, but you need to analyze more to find a good price to buy or sell.
But you need to remember that the market will not always follow what you want because many traders in the market that will have their own purpose.
3787  Economy / Trading Discussion / Re: Can I get rich by trading on: January 20, 2021, 07:10:25 AM
You're on point. Trading is a skill to be learnt and it's not one that should be hurried. One of the mistakes I see a lot of people do is that they want to skip the learning process and go straight to trading futures - not even practicing with spots first. To make matters worse, they do so using signals from telegram channels. While this approach might work for a while especially when the market is trending, these sets of people tend to lose everything they earned simply because they don't know some vital trading concepts like Risk management, proper position sizing and keeping their emotions in check.

Even the best traders had to take out time to learn. You won't get rich by skipping the tedious parts.
New people will not care about the process as they want to make a short time profit.
They try to use many signals on telegram channels, and even they paid for getting the signal which we do not suggest to them.
It is better to learn by ourselves, so we can have a chance to improve our skills to be better in the future.
That will be our benefit if we can improve our skills because we can adapt to the market's current situation.

Crypto trading can really give us good fortune that will make us into a rich and wealthy trader but it won't happen in a quick time. Trading is really exciting but it's a high risk and if you're not smart and good enough, you will end up losing all your money in just a blink of an eye. But if you trade with proper technique and good strategies, its possible that you will get rich and earn huge amount in trading.
Yeah, it is right because we saw it before.
As long as we can learn anything related to trading, we can have the opportunity to make a profit.
By improving our skills, we can minimize the risk and we can act base on the current situations, and we can know when we can trade.
Sooner or later, we will have the opportunity to earn huge amount from trading, and it is just a matter of time to us.
3788  Economy / Trading Discussion / Re: How do you combat your weaknesses in trading? on: January 19, 2021, 03:31:13 PM
There is no other way for you to learn more about trading to prevent loose money and you will have a chance to make a profit.
But what you say is right that we are often to make a wrong analysis in trading, and we feel that is gambling to us.
We need to know how to analyze better, so we can avoid making a wrong analysis, and we will know how to enter and quit from the market.
Many of us become greedy to see the profit, and we want to chase the bigger profit.
Although I often make a mistake, I will not stop learning about avoiding making another mistake by learning, so at least I can get a lesson in trading that will improve my skills in the future.
3789  Economy / Trading Discussion / Re: Can I get rich by trading on: January 19, 2021, 01:52:56 PM
It is possible to get rich by trading, but there are many things you need to do before you can start trading.
You need to learn many lessons about trading, practice what you got from the lesson, and get many trading experiences, so you will have a chance to make a profit.
You will get time to feel trading is easy to do and you can make a profit many times, but at other times, you will feel difficult to make a profit.
That will show us that trading is not as easy as we thought, so we need to learn more lessons to improve our skills.
3790  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH’s “top” this market cycle? on: January 19, 2021, 09:44:42 AM
I have lost count of the times people are just proclaiming random price predictions just because "of the big chance". Where this analysis comes from is magic?

I totally disagree that all coins have the same opportunity as each other. From project to project, they have to have different factors (apart from 90% of coins that look and act all the same as each other).
I do not know where the analysis comes, but I think they make their own analysis and spread it to other people.
All coins have the same opportunity to increase, but they need to get more supports for their coin so that the price can increase soon.
But the fact is that not many coins can increase in the next altcoin season and the rest will need to wait for more.

Yes, I still believe ethereum will not just stop in $1,200 as the high price, but the price will be increased to $2,000 because the price has a big chance of reaching the peak in the next altcoin season.
But we do not know if ethereum will be the first one that will hit a new all time high because the other coins will have the same opportunity, and I think the other potential coin will have the same thing to increase.
We need to be more patient to wait for that, and maybe we can buy more to add in our wallet.
I hope that will happen soon, so we can back to make a big profit from the altcoin, especially from ethereum.
We need to wait for more to see when the next ATH will come to the altcoin, so we can prepare to sell the coins.
This day ethereum give a good move, and it still increases. I hope that the price can break $14k again.
3791  Bitcoin / Bitcoin Discussion / Re: to see is to believe on: January 18, 2021, 09:01:03 AM
It is normal to see some people who already knew about bitcoin but reject it come back to us and explain more details about bitcoin.
I have that experience too, and I think they just open their minds after reading something about bitcoin, which makes them want to know more details.
The first thing that will make people open their minds and eyes is the bitcoin value, which will give them the curiosity to study bitcoin.
So they will ask us to guide them to start investing in bitcoin or start buying bitcoin.
3792  Economy / Gambling discussion / Re: Large capital advantage? on: January 18, 2021, 07:03:41 AM
I just want to ask what are your thoughts on having a large capital in gambling?
Does the capital matter in gambling? Is there any advantage if you have a large capital?

Since for me, it is always the same even large or less capital. Having large capital will only help you to stay longer on the table unless your bet size is huge too.
Yes, it is good if you have a large capital in gambling, but that will only work if you control yourself.
No matter how much your capital, you will not be able to manage your money without having control.
I think capital does not matter in gambling, but the advantage is we can place a bet in any amount we want.
If you use a big capital in gambling, you will feel that you have money that you can use to gamble for longer, and I do not think that will be good to stay longer in gambling without a control.
3793  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH’s “top” this market cycle? on: January 18, 2021, 05:59:30 AM
Ethereum still giving a good movement at the market although the price moves still following bitcoin price.
Ethereum itself will have another time to increase and back to $1400, but as long as bitcoin price does not increase or goes down to the lower price, ethereum price will not be easy to increase.
And with many projects based on the ethereum network, it can help ethereum lift the price to the high price, but we need to be patient for more.
The price will increase at the right time, we can just prepare for that time by having more ethereum from now on, and ethereum now become more popular because of the staking update.

Although it's still didn't reach a new all time high, while bitcoin's established a new one. But it's getting there, just a few couple of hundreds of dollars and ETH will be on it's way. And I think ETH will be the first one in the top 10 altcoins to hit a new all time high, just a matter of time and it could usher the altcoin season.
Yes, I still believe ethereum will not just stop in $1,200 as the high price, but the price will be increased to $2,000 because the price has a big chance of reaching the peak in the next altcoin season.
But we do not know if ethereum will be the first one that will hit a new all time high because the other coins will have the same opportunity, and I think the other potential coin will have the same thing to increase.
We need to be more patient to wait for that, and maybe we can buy more to add in our wallet.
3794  Economy / Speculation / Re: Bit Coin dropped 12% since morning ,where is it going? on: January 17, 2021, 01:48:17 PM
Bitcoin dropped 6.1% from 24 hours and nowborice is  35,331. Still price is good and investor are still in benefit.
At this time if we trade below 35 ahould be beneficial. There are 70% chance that price will pump and we will see 40k soon.
I think short term traders will be happy. Now they have a chance to buy some btc and then sell above 39 k.
The investors want to wait for more before they can sell and take profit, and as the price now is down, they can buy back bitcoin again, so they will have more bitcoin to hold.
If they can be patient for a while, and waiting for the price back to increase, they will make a profit, and they can expect to make a big profit in the future as bitcoin price will have a big chance to break to $40k again.
It is about how they can hold and wait for a while, and not many of them will have patience.
3795  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH’s “top” this market cycle? on: January 17, 2021, 12:38:37 PM
Ethereum still giving a good movement at the market although the price moves still following bitcoin price.
Ethereum itself will have another time to increase and back to $1400, but as long as bitcoin price does not increase or goes down to the lower price, ethereum price will not be easy to increase.
And with many projects based on the ethereum network, it can help ethereum lift the price to the high price, but we need to be patient for more.
The price will increase at the right time, we can just prepare for that time by having more ethereum from now on, and ethereum now become more popular because of the staking update.
3796  Bitcoin / Bitcoin Discussion / Re: Bitcoin VS Gold - What is better for long term investors? on: January 17, 2021, 11:47:33 AM
I prefer to have both bitcoin and gold as an investment because I can work perfectly to help me make money.
Bitcoin as the digital investment can be a new investment for me while gold is a real life investment that many people know.
The investors will search for what they want, but for the old investors, they will prefer to use gold as their investment than to use bitcoin because they can see the physical form of gold.
The millennial people will prefer to have both bitcoin and gold because they believe that bitcoin has a bright future while gold will still exist for a long time.
3797  Bitcoin / Bitcoin Discussion / Re: How do you folks sell your bit coin ,and buy back if it goes lower ? on: January 17, 2021, 10:51:51 AM
Marvelman, I'm sure I'm not the only one on this forum having doubts about converting BC to cash .
 Can you explain , how we could convert the amount of BC that would sell for   $600,000 , and buy a house from the local realtor ?
I had a hard time getting $2,200 in cash .

Oh, while your at it , please tell me how I could buy a set of tires for my 4X4 from Costco with bit coin.
Maybe the illustration can be like this.
You sell your bitcoin to the local seller, exchange, p2p, or whatever who they are.
Then the seller send the money to your bank account, so you see big money in your bank account, and you can use it to buy a house or whatever you want.
If you want to buy a set of tires for your 4x4 or anything you want, you need to ask the seller if they can accept bitcoin as the payment or not. Otherwise, you need to sell your bitcoin to the crypto sellers so that the money will be sent to your bank account.
Without doing that you can not use bitcoin to buy something you want.
3798  Alternate cryptocurrencies / Altcoin Discussion / Re: Will ALT have ATH again? on: January 17, 2021, 10:16:15 AM
Although we do not know if the ATH for altcoin will come, I believe altcoin will have ATH again as we saw in 2017-2018.
But unfortunately, we do not have a list for which altcoin will increase, and we can only guess and hope that our altcoin can increase later.
Besides that, it is difficult to know which altcoin will start the rally and make ATH because many altcoins want to raise their power and invite more investors to invest in their project.
But people still focus on bitcoin because they see the opportunity to make a bigger profit on the bitcoin, so they do not want to miss that.
3799  Economy / Gambling / Re: 🔮 Futuur - Predict the Future! 🔮 on: January 16, 2021, 06:15:22 PM
I guess some are interested. It can be seen on questions such as "Will humans find evidence of life out of Earth before 2025?" or "Will humans land on Mars by the end of 2024?" You will notice that even if these questions are to be settled years from now a few are still betting on those very long term questions.

I am not sure however if these bettors are really determined to stick to their predictions until the very end. It is possible some of them will just sell off their shares if they are already rising in value.
Maybe because if they see their prediction can rise in value, they can sell it without waiting too long to see the result because waiting is boring for some people.
But maybe those questions can attract people to place their bet without thinking much about if that is really happening in the future or not since waiting for 4 years is too long for them.
For some people, betting still interests them because they are curious if their prediction can come true or humans are still waiting for long to live out of Earth before 2025.
3800  Economy / Gambling discussion / Re: Betting History - 2020 on: January 16, 2021, 05:34:36 PM
Well at some point as a gambler we know what the calling of temptation can do to a gambler's attitude or control or discipline towards gambling. We have these attitude of "last game" but every time they have win or even fail "last game" continues. And it is funny to think of how gamblers uttered those words but can't stand on their words. However, there has also some gamblers who are really strict to themselves and know how to control their emotions.
Talking about the "last game," I remember my time gambling, and I said like that, and I decide to continue playing just one more round.
Suddenly, everything is ended by losing my money, and the money I won is gone in the last game.
That makes me feel bad because I can not get my win money with me.
It should make me stop playing gambling for the "last game," but I do not stop it right away instead to play more.
From that moment, I am trying to learn how to control myself and try to discipline myself from what I planned.
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