Actually OP wanted to share the house edge involved with various kind of games and it is fair to say that the game with the least edge is expected to have the highest winning chance for the gambler and hence I see why most of the gamblers prefer dice over sports betting and other kinds of games.

I don't want to but I have to agree that some people are more lucky as compared to others and even the law of averages does not apply to them .

I am one of the sports betting fan and feel that it has the best chance to win despite the big house edge because we can analyse data and it's much easier to find why to pick a team/player and why not to.

There is nothing like designing bitcoin, it’s all about the wallet you’re making use of. There are wallets that has simple interface and make things easy for newbies to understand and there are others with complicated design and only good at making things a bit more difficult for them. So, it’s all about the wallet you’re making use of. There are already good wallets that are recommended for newbies like Coinbase. In terms of risk, there is really nothing you can do about that.

But, as time goes on and lots of people begins to join the bitcoin market, the market cap will grow and the market will become less volatile I guess. So for now they can only be investing what they ca afford to invest and nothing more. There is nothing you can do about the risk.

So let me sum it up for anyone reading the thread and scratching their head what happened. I was thinking I shouldn't reply but I felt like I should because of the crazy situation going around.

Ryleys is a scammer as he did not refund the promised amount to JackpotRacer and hasn't responded since 26th Feb

Please respect others and I really feel unfortunate for you because you have been scammed but being such a old member here you shouldn't have trusted someone who just came and asked for money for his picks. It is actually nutildah who tagged him in the end so just because someone calls your behavior in public do not counter-attack them. I do understand being a gambler you must be high tempered.

I really wish you don't pay such scammers because this encourage such scammers to make more accounts and try to scam even more.

Not just due to money flow is shifted into leveraged and marginal trading but there is no attractive investment opportunity available among altcoins. Yes, when ethereum was attractive enough and ICO market was doing very good, we have seen many altcoins are bumping and the entire altcoin market was doing good.

Yeah, we need some good performing altcoin for most other all coins to  bounce back. Because, when people are planning  to invest in cryptos, they must be looking for various options and is they will first invest with the good performing one and then other existing reputed coins. This is how the total market will be bouncing back but this time the leader is missing.

Yes. When governments are rushing for adopting cryptocurrency and blockchain technologies, what you have mentioned must be the most appropriate way for them to easily enter into this market. Government may legalize crypto currencies or may not but definitely they will be preferring to how their own stablecoin which could be their already existing fiats.

I just wonder what are the advantages we will be enjoying by having our local fiat on blockchain. I mean to say what are the privacy issues may rise up due to this and also what will be the exact consequence of such stablecoins by government is going to provide will be my actual curiosity but only time will answer all these.

I don't think anyone ever learns anything in gambling unlike trading where you learn as you make more mistakes.

Gambling is either sports betting or instant games and both of them require luck and while sports betting can be more in control of the gambler as compared to the instant games but then there is a huge edge usually associated like 10-15% edge and the ability to analyse sports matches is almost like 5-10% and the other 90% is mostly luck and hence there is nothing you can learn in gambling or being a experienced gambler gives no advantage apart from anger management and other benefits.

I would not even suggest to trade with other's money because see when you are gambling with someone's money you are under a pressure of earning more in lesser amount of time and it's much better to collateralize some asset and take more time and earn.

It would be an absolute nightmare to take money and promise returns while you are only trusting your luck because gambling is all about luck no matter what strategy you apply to it. Yes, though if you are someone who provides betting picks then maybe just worth to take the risk but I would still strongly advice against such practices. Loan is a sort of pressure for someone like me that it does not allow me to work freely and think independently.

Agreed. This is one reason why I really like the Responsible Gambling at bet365 because they have a few quick tests to check ourselves, the best one is Self-Exclusion where you would be away from gambling for sometime and see if you just feel irritated and there are behavior changes in your body.

Coming back to point I think keeping track of losses and wins will help you limit your losses to a certain level.

But the big question is, have you still been able to quit gambling? Probably no because we regret what has happened in past but what we are currently doing is something we never doubt about.

That’s not going to minimize the risk you’re going to be taking in trading. I don’t even trust diversification in cryptocurrency, you’re buying a lot of altcoins that might not be making any sense later on. They might make your profit but a fall in the market will cause you loss that is much bigger than the profit you have made.

I would say that it is best for you to be stick to your long term investment maybe with bitcoin. Unless you’re going to be trading the top coins, like the top ten? I have seen people that tried diversification and invested in coins that are not even in the top hundred because they believed they are good but at the end they were disappointed.

100% ROI? You just said that like that’s how it works.You don’t even know how it’s going to turn out, so how do you just go straight and say that it’s going to be what you have said? I will advise you that before you choose any coin you should make sure that you do proper research, you don’t just randomly choose any coin and start investing.

Having 100 million market cap doesn’t automatically sign it that a coin will make you profit in a month. It might be that around the time you’re buying that coin would be when it’s about to crash for quite a long and once you do, at the end of the month you will be at loss.

If all projects are going to be working together that means there wouldn’t be any other cryptocurrency I guess or there wouldn’t be much. Since there is already Bitcoin, companies might create a platform and require funds in Bitcoin and just like that they wouldn’t have to be creating their own tokens and coins and make use of what is already available. But my question is, which of them will even agree to work together like that? They will mostly prefer to work differently and that’s their problem.

They all have a different vision, and they wouldn’t agree to work together. They would like work differently and pursue their own goals. Some of them are just into because of the money and they are mainly the ones end up failing and disappointing their Investors.

Making use of blockchain for voting is probably not going to be a good idea. Yep, I know that a lot of people have been saying that, but I don’t really think that we have reached the level where we will be able to make use of blockchain in voting. I have read the processes that are involved and how the ‘key’ thing works. For it to be secured, the ‘keys’ that are given to voters will have to be a long one and that will require a lot of computer and enough energy to power it which will probably cost a lot of money, and that’s unnecessary.

There have been a test and the keys that were given to the participants were short which means that hackers can easily take over it. I’m not really good at explaining this, so I will advise you to do some research on Google and there will be some articles to explain it better.

This is a good article and of course every trader that wants to be good in trading crypto assets or any kind of trading has to know about risk management. But, that still doesn’t mean you wouldn’t be losing. Even those you called the trade gurus still lose money when they are trading.

Nobody is hundred percent perfect, there will be times that you will lose. This trading is like a competition and you can’t be winning all the time, when you win there is someone who is losing and when you lose there is someone who is making profit, it’s just like that. But like I said, this is a good article because I’m very sure that if newbies should take their time and learn this it will help them to minimize their risk.

That depends. There are people who trade short term and there are long term traders. During the bear trend you know that the price starts to go down and assuming you invested for a long term before the price starts to fall you’re going to be losing a percentage of your money.

At that time the price is falling there are still some up and downs, it doesn’t just go straight down, and that’s how short term traders are able to make their profit. They make their profit no matter the market condition, whether bull or bear, because they take advantage of those little up and down movement that I have mentioned, they trade within short time and they keep repeating it and by the end of the day they made good profit. As for long term or those who Hodl, you’re mainly going to benefit when the price is on bull.

Most people here will find it difficult to believe you when they don’t see anything that would make them to. What I mean is that having something to show as an evidence that you’re giving the right signals will boost people’s confidence to rely on you and the signals you’re giving. And moreover there have also been other threads here for free signals and they are quite a disappointment.

So, showing a proof with your recent trades using same strategies will be of help to many people. And it’s quite a good thing that you’re doing it for free, keep it up .

Honestly, you have to ask yourself what you want more, security or ease of use. I own both ledger nano S and I also use metamask as well and I prefer metamask 99% of the time. Especially when considering I use metamask more for smaller altcoins, bounties and other stuff that ledger can't provide I do not see a reason to use two of these and my ledger became more like "money I put aside to forget" type of situation, it has some bitcoins and some ethereum and I put it in the safe at my house and it just stays there with the hopes that I will not touch it until my kid grows up and give him a good starting of life money.

Metamask however is my daily thing, I check it constantly and I always use it whenever I earn anything and even if I have to change coins it doesn't really require all that much money for moving.

I would say if you want to invest 1000 dollars per project, maybe you can drop the investment and increase the project number? That way instead of putting 1000 dollar into lets say 10 projects, you can put 100 dollars into 100 projects, that would be a lot smarter since at least you can hit one big earner and make up for it thanks to that, few of them and you would be basically doubling your money.

I would say 100 is too much for the number of projects but I would say 200 dollars would be better, this is all of course considering you are only going to invest 10k in total. If it is any lower or higher you can change the numbers yourself but I would say have at least 30-40 coins you invest to make it more possible to hit one that will gain a lot of money.

I feel like when they start to pay with bitcoin or stuff like that instead of their made up coins, it becomes such a huge task that they hire managers and pay them very well to keep it in line with their ideas and those managers literally first want at least hero member and even after that they start to read your messages and they start to question what you wrote and how long it was, there are managers who check the number of words you used, I do not have to write long paragraphs to make it look good to you, I want to talk about something and I will talk about it in 2 sentences or 2 pages that has nothing to do with the campaign.

They are capable of doing that all because there are millions of worthless bounties out there so the few good ones think they should be treated with respect and can do whatever they want, which they are sort of right if you think about it.

Yes, buying at the bottom is good for investing but we need to confirm the potential of that coin/token before investing. I agree that now a days most of the coins/tokens are getting disappeared from the market after getting dumped. So, buying at the bottom must need to more research and analysis before risking with the tokens which are trading at the bottom.

At the same time, if you are buying a reputed coins like BTC or ETH then catching at bottom must be a very good idea for long term holding as you are able to hold it for longer periods so that it may recover to new ATH and will get you more profits.

What is the need for a billionaire to launch their own token? What is their project? Why they need money to be raised through crypto tokens? In my understanding, token economy is here for the people who are working for a project without enough funds for crowdfunding reasons.

It must be a complete controversy that a billionaire is launching their own token. I guess people will fall into this too by believing that billionaire will keep on pumping so that they can get more ROI. Anything without proper reasons definitely will fall at any time but when it is something backed by a billionaire then it will may take some more time before falling down.