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I had an experience of visiting a real casino with my uncle gambler. And I find a bit odd with it most of the people looks like crazy and I'm seeing a dollar sign on their eyes. I can say that if you are a certified gambler you will need to go for it. But if you are already contented gambling alone at home and convenient with it, better stay at home and don't visit them, they have a minimum entrance bankroll.
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Certainly, the basic needs in gambling is the analysis. If thou must do an analysis, your bet would not be worthy at all.
Only sportsbetting however you dont need to analyze everything that is not related to sportsbetting. With the right analysis people can guess which team that will have the advantage over the other therefore this will increase the chance of winning although Im sure that alot of people lose as well after predicting it It's also applicable with poker and whether you will analyze or not it depends on how you are going to be that lucky on that day. Because luck and analysis is always a tandem in gambling or trading. And I don't think by simply gambling alone can give you an easy way to make profit / winning in gambling, just be an investor and see your bitcoins work for you. Yeah, that would be one of the last alternatives I would consider for profit. But if you ask me, I think I would try possibilities like blackjack, sports betting or poker, because I think it would be easier to use some strategy in it. I will go with poker and sports betting for me since I do have enough experience with gambling. I can say that I can earn faster and easier with those games, the timing and analysis with poker is very an easy thing especially if you are playing live poker you can see the reaction of your opponents and you can have hint what to do. |
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Quite a good article and it looks like it's not just only 10 common / main mistake of bitcoin newbies. I wanted to add that I've seeing this throughout the forum that newbies are asking "how to earn big", "how to earn without investing" it's commonly seen throughout the whole forum. By the way, I went through with that feeling too.
If you do understand all the list its already mentioned about "how to earn big" aims of a newbie and i do accept too that i was thinking the same thing too when i was a newbie way back then. Yes,its really a good article and should really be read by newbies. Don't take it literally, since newbies are taking that literally and I'm doing it when I was still a new one. Though there are other common mistakes that newbies are making but it wasn't mentioned. The article is good and I didn't thought about this before. Kudos to the author and good thing that there where like this thread that can guide newbies. |
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Quite a good article and it looks like it's not just only 10 common / main mistake of bitcoin newbies. I wanted to add that I've seeing this throughout the forum that newbies are asking "how to earn big", "how to earn without investing" it's commonly seen throughout the whole forum. By the way, I went through with that feeling too.
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Certainly, the basic needs in gambling is the analysis. If thou must do an analysis, your bet would not be worthy at all.
Only sportsbetting however you dont need to analyze everything that is not related to sportsbetting. With the right analysis people can guess which team that will have the advantage over the other therefore this will increase the chance of winning although Im sure that alot of people lose as well after predicting it It's also applicable with poker and whether you will analyze or not it depends on how you are going to be that lucky on that day. Because luck and analysis is always a tandem in gambling or trading. And I don't think by simply gambling alone can give you an easy way to make profit / winning in gambling, just be an investor and see your bitcoins work for you. |
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I guess if there are new threads like this someone needs to close those other threads and let's start discussion to this new one or older ones. By the way, my favorite games are poker, sports betting and dice games. But my most favorite game is the live poker when I'm playing with my friends and other poker players in our town.
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it's not good to put all eggs into one basket. Because you need to maximize your bitcoins to get good profit from it. And if you are going to look on that way of investing you should relay on some experts on this type of investment like the thread that I gave. The higher amount you'll invest, the higher return will possible get back on you.
If you are going to put all your investment in one place so you will remain restricted and there will be more chance to lose most of your by investing your all money in one place. But if you are going to invest your money in different places so if your one investment goes there are more chance that your other investment will increase. So, it will be good decision to invest your money in different places. Yes that's why I'm saying that putting all of your investments into one place is not going to be a good thing. We really need to maximize our time and investment when it comes to this matters. Because if you will into the same very places you are not going to be profitable with it and you can have more chance of losing of your capital. If you have a small amount of money, you should only invest in one place. Analyzing will help you a lot in choosing the best place to put your money in. There are hundreds of casinos and I still can recognize that bitsler and crypto-games are one of the best in the gambling field. However, only Crypto-games accepts players to invest their money while Bitsler seems do not like this idea much That's another case, having small amount of bitcoins and wanting to maximize it for investing with various casino's. Then that's a very hard thing to do, you can simply invest it on a specific legit and trusted casino. Bitsler and crypto-games are legit and good casino's to invest but there are also new aspiring ones like kingdice. While diversifying where your money is invested is great if your capital is too low you run the risk of your small earnings being eaten by fees so it is better in that case to just invest in a single casino, it is more risky but there is not much you can do. There are people that are still starting when it comes to investing in casino's and they don't want to maximize what they got. So as a starting amount for trying, they are just investing small amount which is a very good thing for them. Because they'll know that the smaller amount you'll invest, smaller returns you also get. |
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No not at all
In my experience long term gambling is a really dangerous way of gambling. I am losing a lot of my faucet bitcoin because of that. Maybe try to reduce that gambling into a short term to reduce your lost. It is a very dangerous thing if you are going to treat it as a source of income for a longer term. And if you want to make gambling profitable for a longer term, I don't think that there's another way for it if we keep on gambling again and again for a daily basis. It's doesn't make sense on how long we are already playing with it. Gambling on a daily basis without a good result is not considered doing it as a source of income but rather just a pure stupidity and we will only be stupid if we are already addicted in gambling. Most of us dream to make gambling as our source of income as we know how much we can earn doing it, but seems the journey is very hard to do so only few of us succeeded to reach our dreams. Whether you gamble or not on a daily basis by just treating gambling as a source of income is already a crazy thing. Those guys who are thinking that way will surely end up into regret that they had treat gambling this way. But for those guys that are wise and thinking that gambling can be a good way for investing will be the ones that can earn for a long term. but I think a wise person would not make gambling as a source of income he would opt for a real job, as you say into gambling as a source of income is a crazy thing Actually a wise person will make gambling as another source of his income (secondary or tertiary) as an investor since casino's are offering deposits to their bankrolls. But treating gambling a source of income as a gambler is such a crazy thing. I know that you got the point that I'm saying. And playing gambling in the long term won't help. |
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No any strategy will work in gambling and even with low odds you will hit several red streak in row. So no any strategy, martingale method will gaurantee you profit. Better to play manually without any strategy and don't play with the amount you can't afford to loss.  It's quite odd to think that you need to have a daily new strategy. We know that strategies in gambling will always fade, it can be good for somehow but in the end that will be nothing. And even those people are keep on saying that they became successful with a certain strategy, it is for them but thinking that it can be for us is another thing. People will surely claim that a certain method does work on their gambling game but if people would tried out that particular method it doesn't work on them which means luck would really matter because if you aren't lucky those so-called techniques wont work no matter what and no matter how hard you try. there's timing which entitled you to use any methods just like what you have said maybe it will works to others but trying it by yourself it will not, this is really common mate so better to keep chasing your luck instead of creating any strategy that will only let you lose your money. Keep chasing your luck does have an advantage and disadvantage. We talk about advantage chasing luck would be useful when you do tried out or you would able to figure it out or sense that you are lucky then you can make benefit on it and talking about disadvantage chasing luck too much will lead you to broke for sure. I can't see an advantage with chasing your luck, it's all about a bad move because if you keep on doing that again and again. You know what can possibly happen instead of recovering the bitcoins that you loss. As I say, chasing your luck is always an impossible thing because you can't chase something you don't know when will come. |
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No any strategy will work in gambling and even with low odds you will hit several red streak in row. So no any strategy, martingale method will gaurantee you profit. Better to play manually without any strategy and don't play with the amount you can't afford to loss. It's quite odd to think that you need to have a daily new strategy. We know that strategies in gambling will always fade, it can be good for somehow but in the end that will be nothing. And even those people are keep on saying that they became successful with a certain strategy, it is for them but thinking that it can be for us is another thing. |
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No not at all
In my experience long term gambling is a really dangerous way of gambling. I am losing a lot of my faucet bitcoin because of that. Maybe try to reduce that gambling into a short term to reduce your lost. It is a very dangerous thing if you are going to treat it as a source of income for a longer term. And if you want to make gambling profitable for a longer term, I don't think that there's another way for it if we keep on gambling again and again for a daily basis. It's doesn't make sense on how long we are already playing with it. Gambling on a daily basis without a good result is not considered doing it as a source of income but rather just a pure stupidity and we will only be stupid if we are already addicted in gambling. Most of us dream to make gambling as our source of income as we know how much we can earn doing it, but seems the journey is very hard to do so only few of us succeeded to reach our dreams. Whether you gamble or not on a daily basis by just treating gambling as a source of income is already a crazy thing. Those guys who are thinking that way will surely end up into regret that they had treat gambling this way. But for those guys that are wise and thinking that gambling can be a good way for investing will be the ones that can earn for a long term. |
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it's not good to put all eggs into one basket. Because you need to maximize your bitcoins to get good profit from it. And if you are going to look on that way of investing you should relay on some experts on this type of investment like the thread that I gave. The higher amount you'll invest, the higher return will possible get back on you.
If you are going to put all your investment in one place so you will remain restricted and there will be more chance to lose most of your by investing your all money in one place. But if you are going to invest your money in different places so if your one investment goes there are more chance that your other investment will increase. So, it will be good decision to invest your money in different places. Yes that's why I'm saying that putting all of your investments into one place is not going to be a good thing. We really need to maximize our time and investment when it comes to this matters. Because if you will into the same very places you are not going to be profitable with it and you can have more chance of losing of your capital. If you have a small amount of money, you should only invest in one place. Analyzing will help you a lot in choosing the best place to put your money in. There are hundreds of casinos and I still can recognize that bitsler and crypto-games are one of the best in the gambling field. However, only Crypto-games accepts players to invest their money while Bitsler seems do not like this idea much That's another case, having small amount of bitcoins and wanting to maximize it for investing with various casino's. Then that's a very hard thing to do, you can simply invest it on a specific legit and trusted casino. Bitsler and crypto-games are legit and good casino's to invest but there are also new aspiring ones like kingdice. When one got a small amount than should start first with anyone trusted the site and slowly start investing profits on another site as well. But keeping all your money in any one site is not a good investment strategy. Becuase any time one can win big amount then all your profits may suddenly drain up. So you can start with one site but as soon as possible you start diversifying your funds. Just like what we have discussed earlier, if you do have small amount it's fine to put on a single site. And to make those newbie investors pursue their investment with casino's it's better to follow some thread of experts on this type of investment. I do believe that not all newbies will start in small amount there are some that can invest on higher amount. |
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You never know it totally differs from different users and their mentality or trust on the site. For me I don't really use dice sites a lot to gamble but I do invest in them and get decent returns. If you are looking for investing in any dice site then I would recommend you to only keep your investment for maximum of 6 months because mostly after one year we see most of the sites scamming it's users and investors.
Yes it's better if you are going to invest to these dice sites which is going to give you some reasonable returns after 6 months+. But of course playing on dice sites is up to us, sometimes if you can see bigger chance of winning with dice, you can play with it anytime. Just choose those that are being used by many and has good reputation. |
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Only in some games where skill is involved heavily like Texas Holdem Poker, you may have a chance to go to a casino and beat them in this but usually in slots ,dice and roulette (cannot martingale infinitely, casinos have become smarter and placed a betting limit) will end up losing in the long run.
It's better to play Texas Holdem Poker rather than those live poker games, I find it hard to beat because their staff is cheating with players. They are using some kind of flipping strategy with their cards. Sports bet is another game that we can play for beating the house because the results are hard to manipulate unless that sports book is connected to the game management of that particular sport. |
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It's a normal thing in bitcoin if there are transactions that are unconfirmed. It was talked all over the forum and if I'm not mistaken most of those transactions didn't include some fees for the miners. And of course the miners, will be confirming first that has higher fees. Also there are helpful tools like accelerator where you can make it confirmed and help your transaction.
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I really can't remember the very first time that I sent bitcoin. But I remember the first time that where I earned my very first satoshi's. I'm not really into first time's and I don't find it memorable when it comes to this type of transaction. Why would I need to take note and mark the first time I transact with bitcoin and when I did it.
I also forgot the first time I sent/receive bitcoin but I remember how excited I am when I received as well as when I converted it to our local money. It is just a small amount but that motivates me to earn more and to invest my time here rather than doing social media with nothing in return. It might not be memorable for me. But I can remember that I was also excited to earn bitcoins by that time. Though I'm earning very tiny amount with faucets still that doesn't make sense for me. And when I found out that I can also exchange it with fiat money, it's the best feeling that I was able to buy some foods from it. |
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Early gambling when I saw some of my friends can get a bitcoin quickly. While I hard to get bitcoin.
Then I am interested, and in the first gamble, I bet on sports betting because I know everything about soccer. A good start when I get my first winning and to ultimately addictive. But gambling remains never ruin my life because I had the principle of play gambling with free money and play with money that you can afford to lose.
Good thing that you aren't influence with gambling and it never ruined your life. With me, my way of starting in gambling is that it happened because of my favorite game which I was involved together with my peers. It was like a happy hour which leaded to a gambling game, just like playing basketball games with betting on the side. |
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There is no permanent sequence in gambling, it is a programed randomly and no one knows the right and exact result will be given. All we know is that the house egde takes advantage from its players. So I always believe that there is more chance of losing that winning but it is okay though if you hope to win.
Yeah it's automated and thinking on how to gamble in a smart way is depending on your strategy of controlling your bankroll. The same goes with your emotion and other things when you are losing. Just gamble with the possible amount that you are good to lose and besides that when you are winning some amount, learn to save a some of it. |
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it's not good to put all eggs into one basket. Because you need to maximize your bitcoins to get good profit from it. And if you are going to look on that way of investing you should relay on some experts on this type of investment like the thread that I gave. The higher amount you'll invest, the higher return will possible get back on you.
If you are going to put all your investment in one place so you will remain restricted and there will be more chance to lose most of your by investing your all money in one place. But if you are going to invest your money in different places so if your one investment goes there are more chance that your other investment will increase. So, it will be good decision to invest your money in different places. Yes that's why I'm saying that putting all of your investments into one place is not going to be a good thing. We really need to maximize our time and investment when it comes to this matters. Because if you will into the same very places you are not going to be profitable with it and you can have more chance of losing of your capital. If you have a small amount of money, you should only invest in one place. Analyzing will help you a lot in choosing the best place to put your money in. There are hundreds of casinos and I still can recognize that bitsler and crypto-games are one of the best in the gambling field. However, only Crypto-games accepts players to invest their money while Bitsler seems do not like this idea much That's another case, having small amount of bitcoins and wanting to maximize it for investing with various casino's. Then that's a very hard thing to do, you can simply invest it on a specific legit and trusted casino. Bitsler and crypto-games are legit and good casino's to invest but there are also new aspiring ones like kingdice. |
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No not at all
In my experience long term gambling is a really dangerous way of gambling. I am losing a lot of my faucet bitcoin because of that. Maybe try to reduce that gambling into a short term to reduce your lost. It is a very dangerous thing if you are going to treat it as a source of income for a longer term. And if you want to make gambling profitable for a longer term, I don't think that there's another way for it if we keep on gambling again and again for a daily basis. It's doesn't make sense on how long we are already playing with it. |
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