Does Stake requires everyone to do KYC or is it just me? I am being asked to do Level 1 KYC verification for Deposit and Withdrawal. I was not expecting that at all. I am not sure if I am prepared to KYC in a gambling site. and my dumbaas always thought kyc is not required in any gambling websites.   |
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I basically stick to idea buy low priced coins like 0.00001$ that have good potencial
so when coins get to 0.01$ its a very good profit of %
What makes you think that coins priced very low tend to have better potential to grow very high in price in the future? As far as I know, if a project is priced at $0.0001, it most likely has a very high supply which is the reason why it's priced very low generally, projects don't launch their coins or tokens with such low prices if their project is good and their coin or token has the potential to attract investors. For my self i have 60% of assets on BTC
But i wonder on which coin you have more % invested ?
Most users would have most of their capital invested in Bitcoin because it's the best option one can have, and most people trade altcoins mainly for short-term gains and they barely buy and hold them for long because they carry a lot of risks and history is proof for that. |
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what are the advantages of trading in spot?
You won't get easily liquidated and lose all your capital in no time at all. So if you aren't an experienced trader, stay in the spot market and don't go towards futures because that is mostly a death trap for newbies, mostly. I see there are many more coins available in spot but I guess that I should be careful with liquidity of those coins...
One tip: Don't trade every coin or token that you see in the spot market no matter how volatile they are making you feel like you can make a quick entry and a quick exit with some profit because that isn't going to happen and you will most likely be a victim of FOMO. How can I know what coins to avoid? because of liquidity or manipulation etc? any tips when looking at the order book? spoofing etc?
I'm not much of an expert, but I can suggest you to stay away from new cryptocurrencies if you are not yet able to analyze projects to understand if they have enough potential for growth or not. |
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Giving your girlfriend money instead of a gift is a bad idea. No wonder it's a bad idea around the world. It seems to me that the protagonist of the story doesn't understand women, to try to talk about money, or give her money the least ideal day of the year is Valentine's Day. And I am surprised by those who say that the one who did it wrong is the woman. They don't have a fucking clue about women either.
Lol, I don't know why I had a grin throughout the time I was reading your response, maybe because I agree with it. You can't make a woman or a girl wait for the whole year for that single day having dreams and wishes about what you might give her on the special occasion and then expect her to be happy when you take out a $20 bill or a $20 gift card and give it to her. That's like shattering her dreams into countless pieces. Even I wouldn't be happy with that if I was a girl, lol. So, it's better that a man understands women better than to blame them for not being happy when they are given money. |
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Many people limit their profit by not taking the right actions but trust me every penny worth
Even if u have low budget to invest for your kids do it , and save it for more than 15-20 years
e.g if u put today 100$ on BTC to save for ur Kids future , when they are 20 years that 100$ will go up and down in hours as bitcoin will hit High price
That's true, every penny invested is worth it, however, it depends on whether you can save money and invest which is the biggest question and problem for every other person because not every one earns enough money to have something left that they can save or invest in Bitcoin. The percentage of people who are earning money that is more than what they need for a month for their expenses is very low. This is what limits most people from investing in Bitcoin and cryptocurrencies even if they have come to know about them very early and even if they like them, it is just that they are not financially stable enough to be able to do that and even if they do, they can't do it very often. |
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It is safe, I recall a time when the bank questioned the source of my funds. I disclosed that it was from my earnings in cryptocurrency. I provided them with any necessary information and proof they requested. After reviewing the information, they did not ask any further questions, even regarding my cryptocurrency funds.
It depends on which country or region you are from because different countries and regions have different views about Bitcoin and cryptocurrencies, however, most of them aren't fans of them and even if a country and its people are welcoming about Bitcoin and cryptocurrencies, banks and other financial institutions would barely have the same attitude because they find cryptocurrencies to be direct rivals for them and their services. So if your bank didn't ask you weird questions or reacted as if you were committing a crime, then you are lucky because you live in a region where there isn't a lot of hatred towards Bitcoin and cryptocurrencies because most people can't say the same thing if they tell their banks that their transactions are related to cryptocurrencies. |
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That wasn't very wise of you but you were lucky. I would say one should always set their limits before they gamble and those limits shouldn't be crossed at any cost. Even if you had more money to be able to commute back to your residence, you shouldn't gamble with what you have not added to your budget initially if you have already lost your budget. It's good that you managed to win, but you could lose as well.
When you talk about cheating, I don't know what you mean by that because as far as I know, someone cannot cheat in a gambling game, unless you are talking about a physical game where it is possible for one to cheat when they are playing against other players.
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Casinos have different styles of play if you stick to one casino it is not easy to know the options of other casinos. As far as I'm concerned, all casino tricks can be learned if you try hard to find alternative ways. But if the gambler is not interested it will be associated with the gambler to try again. People learn new things from change.
What do you mean by style? Do you mean the UI? That is the only thing that might be different in each casino and maybe the services they provide like customer service and stuff, because most casinos have the same games with just changed user interfaces except for a few that might have their original games, and nowadays, even the original games of most platforms are copied from others which means that they create their versions of those games and call them their originals which is lame but what can be done. So I don't think there are a lot of differences in casino platforms these days, but still, if one wants to experience all of them, they shouldn't be hesitant about that. |
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you do not have to always be dependent, being independent is key and I do not know what is so difficult in sports betting that someone will not be able to use his brain for it.
Exactly, and if someone thinks that they aren't able to place bets on themselves when it comes to sports betting, then I would say sports betting isn't for you because sports betting is all about knowledge and experience. If you know and understand a sport very well, you shouldn't need someone else's help or suggestions to place your bets because you should already know all the teams and their players which is what you need to make your bets. For example, if you love football, or soccer, whatever you call it, and you watch every single game that is played in a specific league or tournament, you should be able to understand which sides are the best and which players play very well, and if you know that, you should be able to make your bets without looking for predictions by others. |
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Few days ago, I made a BTC P2P transaction with my wallet exchange, the value of the fund was above my bank accounts capacity which got my bank account temporarily blocked.
So I went to the bank to sort it out and they said I would have to do an account Update and Upgrading.
I was asked to provide some personal documents for the procession so that my account can be upgrade to accumulate as much bigger value of funds hence the upgrade is done.
I provided all that required but while on the process, the customer care banking official asked me what I do for a living and I told her I am an investor and she asked to know what I invests on. I paused in a moment and thought twice if I should say BTC investor or something else because I thought about my safety first since they have access to my bank account and they could easily get me in track if they wanted.
Besides, there were other customers who stood behind and with all ears which I was extremely security conscious to myself because my country isn't safe not because BTC is illegal but in the fact that they believes anyone dealing with BTC is a total wealthy man.
We all know that basically anyone who is not into BTC but knows about its potentials would say BTC is an investment platform specifically for the rich people.
Finally, I told the the official that I am a BTC investor and it was written down behind the bank form I filled for mtge upgrade request. After on, my conscience wasn't at rest because I was wondering i have attracted the bank from monitoring my banks transactions.
Question please: was the official question on me necessary? And was it wrong of me letting her know that I am a BTC investor? My conscience just keep saying "Hello man, you fucked up talking about BTC out there".
Well, that depends on the regulatory laws on crypto in your country. if cryptocurrency is legal and trading cryptocurrency is allowed in your country then i think that is fine. but if crypto is not legal then you definitely made a mistake. I think you should've told them about a backup source of income instead of revealing your Bitcoin identity, if I were in your place I would avoid telling them about Bitcoin trading, because we don't know what might their personal opinion be and how will that effect your bank account in future, |
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1. plan every penny before it arrives.
2. dont grieve every penny when its gone.
As they say, prevention is better than cure, so what you said is exactly what someone should do with their finances. Always spend your money after planning your budget, and do it in the way so that you don't regret even a penny of what you've spent and this can only be done if you have already thought everything through when you get your income. 10. live within your means to later flourish.
11. dont live above means to later fall
I've seen a lot of people making this mistake, they always overspend when they are earning well and never save anything and then they regret doing this in the future when they don't earn enough anymore because life is unpredictable, you never know what happens tomorrow, so it's better if you plan your tomorrow with what you have today instead of thinking that you will get more for tomorrow because you never know. |
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Before trading, he must understand what trading is. He should understand that trading is a means of making a man from rich to poor and from poor to rich. In trading you can either make a lot of profit or you can lose it all. So only trade what you can afford to lose. Because trading will never guarantee you guaranteed profit. And always trade with a good understanding, research the market and make sure then trading, that your chances of losing will be reduced a lot.
You are explaining it like it's gambling, but trading in its actual meaning is much different from gambling unless someone gambles with their money and invests it here and there without doing any research at all. I agree with you that someone who doesn't understand the market or any trading practices will barely be able to get any profit from trading, but the meaning will be different for someone who enters the market only when they know everything. A person should invest what they can afford to lose only if they are investing in coins or tokens that they know nothing about or are taking a risk, like there are meme coins, where you know that there is no guarantee that you will get something in return for your investment, you will either get a lot of profit or get nothing, but I wouldn't consider that trading, it's just like gambling |
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the main thing i notice is when people try to show off their hoard and try to win friends by trusting people.. ends up with their so called friends tricking them into scams and schemes to syphon funds from them, both in crypto and with fiat
i see many people play suck-up and trust people and later cry victim. that they lost their funds
Exactly, that's a common problem among a lot of people who either have become rich all of a sudden or those who have inherited wealth from their ancestors, and people who fly in the sky often have to taste the dust at the end of the day. That's why, people that show off everywhere about how much money and assets they have become easy targets for those sly scammers who are always looking for people that they can fool. What's amusing is such people are often easily vulnerable to such things because they don't know anything at all, if you sit beside them and give them a couple of compliments, they will start feeling great and you can easily get a friendship offer if you try a little harder, this is exactly how they get scammed every time. |
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maybe people see other people's wins and luck when gambling so they have excessive expectations. the fact that someone else is winning is a temptation that drives us to gamble excessively.
Getting motivation when someone is doing great work in any field is a wonderful thing because that makes you work harder and try to become like them, however, when it comes to gambling, getting inspired by watching someone gamble and win is the first step towards disaster because when you see that, you wish that you could do the same and then you make up your mind and start gambling to gain success like them, and what happens next is not unknown to any of us. So one needs to understand that this temptation to become like others doesn't bring positive changes when it comes to gambling because you don't have luck that matches the luck of another person, and gambling is all about luck and nothing else. |
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The identity of a casino's team is something we rarely across in our forum even though we have like hundreds of announcement topics in this section, promoting services, gambling games and tournaments. This act typically come around professionalism and hospitality to provide a special customer service. Showing friendliness.and deep understanding of the games offered. Team members may also be a comfortable addition to players here.
Till this day I didn't see any casino revealing the identity of their team, owners, employers and responsibles of the casino even though players are required to pass a KYC process for their identity, so I'm wondering is you also thinked about this and the reasons why most casinos are not doing this process?
People barely care about that which is the basic reason why casinos don't focus on revealing the team behind. When it comes to cryptocurrency projects, they reveal their teams because people need to know who is in the team behind a project. After all, the success of a project depends greatly on the experience of the team members, but in casinos, people know it doesn't matter much because as long as a casino is registered and has a license, people trust it. Besides, people often see the services they provide whether how good or bad they are with everything, especially deposits and withdrawals and customer service, because these two are the most important factors for a gambler when they are joining a gambling platform. |
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When it comes to gambling, luck is a fundamental thing to consider and at that we have ro take note of them and how it affects our overall well-being, this is why we need to look closely at what we act on while gambling and also be able to know when we are at our lucky day in gambling.
Because what makes the difference is how best we handle our entire gaming experience and how we can take advantage of our luck following our already outline principle.
I don't know why some people say that they don't know when they are lucky or when they aren't even when it's not that difficult to understand this thing. When you start gambling, you can see as you progress whether your luck is favoring you or not because you can see and evaluate the number of bets you are winning and losing. If you are constantly losing or when you are losing more bets than you are winning, your luck isn't favoring you and you need to stop gambling right there. Some people keep gambling when they can see that they are constantly losing, especially when they are playing slots. If you are not getting any good multiplier when you have done more than 50 or 100 spins, it simply means that you are unlucky and you will lose all your balance if you continue. |
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Considering the numerous scams associated with cryptocurrencies, I am hesitant to invest in new projects. However, I recently came across Tor Wallet, currently in its Presale on Pinksale at 13:15 UTC. It distinguishes itself by prioritizing privacy and distributing 50% of the Swap fee directly to users. Furthermore, it provides advantages such as a 0.15% earning on transfers within the Tor network for TOR token holders and a 0.1% bonus on cryptocurrency swaps. I am seeking advice on whether or not to invest in this particular project.
Website: https://torwallet.xyz/ It's not a trustworthy project, and you are not a normal forum user either. You have created this account just to promote this project because it's your first post in the forum and no one in the world would think of creating a new thread being a brand new user and ask about a project having a .xyz domain while posting the link to it and also explaining everything about the project in the thread. People who are reading this thread should know this and be careful. OP is trying to show that he isn't associated with the project and is just asking a general question while the reality seems to differ from that. He is either a part of the project or has been paid to make such promotional posts in public forums to spread the word about the project most likely is going to scam its investors since they couldn't even afford to buy a .com domain for their project. |
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People are not actually scared to trade since they can always learn trading if they really want. But knowing the fact that trading is highly risky and there are possibilities that one may lose more than gain, then I think people will be more afraid to trade and lose all their funds. While others do not have equipped knowledge and strategies learned in trading and that made them not prepared enough to take high risk in trading.
Trading is for people with growth mindsets. Do you know what is a growth mindset? A person with a growth mindset is someone who is always eager to grow in life and when you have such a mindset, you are never afraid to try different ideas, especially business ideas. You will be ready to make investments and start businesses, and of course, only after doing enough research and understanding what you are getting into. On the other hand, a person who doesn't have a growth mindset will be afraid to do such things. Such people will always rely on day jobs to spend their lives and they don't think of getting out of their comfort zone because they are afraid of loss and when you have such a mindset, you cannot become a trader because you won't have the courage the face the situations you might need to face when you are trading. |
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I do remember earlier this year or so, when bitcoin just showed its first sign of bull or we were still anticipating, i tried telling some of friends that we might be entering a bull soon cause for a while now since 2021 bitcoin has not come anywhere near its last ATH and some of my friends that lump summed during that period are still on a lose on their portfolio and were thinking of selling, even when bitcoin reached 41k and then reduced back to 35k when Grayscale where selling massively I could see lot of tension on some persons, then it occurred to me every time something new wants to happen in bitcoin history it always brings this panic that causes the weak hands to sell, I did my best telling them to hold a little longer and I won't blame them, especially when what they had planned to use the money for is due and some would say how would you know what it's feels when your just starting, yes true I might not have been in the business of holding for long but one tho I am sure about is nothing can stop the raging bull when it comes.
We all know that bitcoin would only continue to be scare as times goes, right now their is no asset that can be more scarce than bitcoin, not even gold and bitcoin offers more than an investment opportunity but also a good store of value.
And right now I can see a lot of happy faces as bitcoin reaches a new hight of 51k, I do believe a little correction might occur, but let's not be surprised that all our patients and steady buying might payoff soon as bitcoin can reach a néw ATH of 100k, its still early in the year and who knows what to expect.
Just hold and keep patience right by your side.
Honestly, it's very difficult to convince people to hold and not sell their assets when the market is down because they will get better gains if they stay patient. They think that they are going to lose the value they are getting now right when they see the market going down a little bit. I know this because there are people around me with the same habit, I keep asking them not to sell because the market will go up more, it's just the beginning and we've got a long way to go yet. What's more annoying is that when they listen to you and don't sell, and if the market goes down, they start blaming you by saying that you didn't let them sell when the price was higher and now it's so much lower even if you keep telling them that it's just a temporary dip. |
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It's common to have fan bias in gambling, and I admit, I also mostly bet on my favorite players, club, or teams. But I have noticed and learned that it's very important to recognize or do some data and analysis rather than base on my emotional attachment to the player, clubs, or teams. It's good to make objective decisions to gain more profitable betting outcomes.
That's a good point. I also believe that a person should either place no bet when their favorite team, player, or club is playing if they know the opponent is stronger, or they should get a grip on their emotions and place the bet on the side that they know is stronger even though the opponent of the team they have placed their bet on is their favorite. When you do this, you will win even if you lose because if your favorite team wins, that is still a happy moment for you. After all, your favorites have won the game, and if your favorite side loses the game, you won't be as sad as you would be because you have won your bet which means you have got monetary gains if you didn't get emotionally victorious. |
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