You are correct but most times they lose heavily as well let say when someone hit more than the total percentage they have received from the casino they will have to pay from their personal pocket to those groups of people that win such sets of games, and again what you must consider about casino is that in everyday people wins it may not from your region or being you that wins but someone wins.

Therefore all this couples together, they pays out their commissions to people who are winning so what we must find out is to know how many percentage they are taking from people in every single bets and how much in total for the months / year then you would know how lucrative gambling business or not maybe to know if they are losing or gaining in the business.

It's an open secret about the gambling industry, so it's nothing new or surprising. We don't even need to argue about who wins and who loses between casinos and gamblers, that's because the answer is already known. It is true that some casinos go bankrupt because they don't have enough budget to pay their customers' winnings, but this rarely happens in thriving casinos where web traffic is very dense with thousands of players every day.

Casinos are the winners in the gambling industry, that's true and it's an undeniable reality. The logic presented by the OP is correct, so there is no debate on my part because all gamblers know it too.

Even when the DCA method has never been bad to use just so we can accumulate crypto assets that will give us profit, Any cryptocurrency will help, to be honest. Until now, there have been many people using it, including me.

dca also teaches us how we can use discipline on ourselves to accumulate savings that we think will help us in the future. And this DAC has been proven and tested.

I think airdrops are also a way for the team to attract more investors. Some people tend to associate legitimacy to those projects who give off if benefits for free. However some you might find that the airdrops they are willing to give are so huge so we still must stay alert at all times. Airdrops are a good source of money but don’t be too blinded that you don’t see carlos anymore.

In last one week, coins like pepe rose by 400% or more. There were other meme coins like dogecoin and shiba inu also growing fast.

Lot of bitcoin users would now feel tempted to move their funds to these meme coins for higher profit.

At such, do you think that any meme coin has the capacity to challenge bitcoin dominance ?

Overconfidence: Emotions can also lead to overconfidence, where we believe that our abilities and knowledge are superior to what they actually are. When we are in a positive emotional state, such as feeling confident or happy, we tend to overestimate our chances of success and underestimate the risks involved. This can lead to excessive betting and poor decision making. For example, if you are on a winning streak and feeling overconfident, you may ignore important information or ignore warning signs that indicate a potential loss.

But based on the bitcoin halving countdown there's still almost 40+ days before the actual bitcoin bull run, so we are not sure of which is to believe but imagine this bitcoin pump is not because of bull run, maybe caused by bitcoins ETF approval and people halving too much bitcoins for the preparation of bitcoin bull run, imagine the price will bitcoin reach if the actual bull run comes, that's why I believe that bitcoin will not only surpass its previous ATH but it will set another record breaking price in the market that will open the door of bitcoin becoming the most powerful currency in the market including fiat currencies, can't wait for the bull run, no matter what I will not sell my holding until the bull run comes, I don't have much of holdings but I want to see it through until the end, goodluck for the other holders like me we may be blessed.

When we say take something as a pinch of it/salt, it means we shouldn't totally believe on it but what you said there is not unbelievable. Hodling is not easy and we all know the people, we are always greedy about money or earning a profit. In fact, many of us can't HODL their Bitcoin even on the beginning of the bull run, like what we are experiencing now. They can't help but to sell it earlier or before it. Other than greed, there is also doubt and fear that what if Bitcoin will not recover and rise anymore? For those who only sell whenever they need money, these people are already treating their Bitcoin's like a saving more than an investment.

Not because you are winning meaning this will be forever because we knew how gambling fool us for making us win for a while and when we are starting to become more aggressive then this is a payback time and they will take all those winning and even your capital.

I just wonder, since im completely new to the stock exchange

If I invest 250 dollars, can I loose them if the price goes down? Or do I still hold my share.

Cash out is only for the weak, since I'm not a weak person, I never cash out my bet even though things doesn't looks good.

Don't let your emotion to control your decision because it's just temporary. Probably you're not think twice before make a bet, so you're still not completely sure if you won't make any change in your prediction.

I can't leave your sentence as it stands. Many of us, especially the old hands, have no interest in selling our Bitcoin and will certainly not do so. Bitcoin is so much more than an object of speculation that you can easily sell for a few dollars. The following article is very good and highlights the main points why Bitcoin is so important: Why Bitcoin is Not a Speculative Asset


Since we are also in the trading section of the forum, it has to be said quite clearly that it makes no difference to a trader whether he trades Bitcoin, shares, gold or precious stones. The asset itself hardly plays a role, the market movements are important. However, the goal of a trader is usually to increase FIAT and not the asset he is trading.