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521  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: November 06, 2023, 04:07:41 PM
I am sure regretting all of those opportunities I have missed, really painful sincerely, after claiming the three I am able to claim, I did spend close to an hour scanning through the messages on my mail since I don't delete them, and I can say that indeed, I missed alot, should I say more than 100, 200 or even more, I cant find where it starts from, but then, all the mails from FreeBitco I opened contained that free spin, all through this year, through last year being 2022, parts of 2021 mails i also saw contained it as well If I am not mistaken.

Anyways, there is a saying in my place that, when ever and what ever time a man wakes up, is his morning, so I guess I just woke up and this is my morning, I can only pray that the free spins extent far into the future from now as well, maybe I and every else did be lucky some day to win a lambo from this, or maybe the iPhone or Rolex, lol, not betting a dime on it but who knows...

I should say you good morning then  Smiley Although you have indeed missed a lot of opportunities, you still have a plenty ahead of you.
FUN token is here to stay and I think freebitco.in will keep giving us the free spin on emails as long as FUN token partnership is alive.
522  Economy / Gambling discussion / Re: Will you gamble till old age or not on: November 05, 2023, 05:04:35 PM
Possibly, especially if I grow old to be that type of whiney grumpy old man that the little kids laugh about. See by then I figured I'd have a future that's set for me, money so I don't have to worry about retirement til I die, and possibly a family that I am proud of supporting me emotionally. Gambling would only come to my mind if I were as lonely as I am today. Plus it's a little unbecoming when you turn old and you're still busting your balls out gambling what little money you have left. Gambling I still may pick up on every now and again especially during out of towns, but that only involves trying out the general atmosphere and vibe of new-age casinos by then and not necessarily because gambling is still part of my life. So yeah, I hope that in the future when I'm old and gray, I don't have to gamble anymore.

Surely I will gamble in my old ages,because I will save money to live in the old ages.So the money which I was saving also include for the gambling at the old ages.I will earn the money till my 55 years and hold the money to gamble above the fifty five years.The addiction is not the cause of this reaction,the affection towards the gambling was the main reason for this.If the gambler get the affection towards the gambling,So he plan to live the gambling till their dead.Same was the opinion of myself being the gambler.
How are you so sure that you will have enough money to have some money for gambling, I feel like that's a pretty odd addition to your retirement plans, wouldn't you be better off traveling when you're old rather than spending those days gambling? Either you're lying that you're going to do this or you're addicted to gambling but you're too scared to admit it, also people that aren't addicted to gambling do not really say they're not addicted, it has the opposite effect of making you more guilty of what you're trying to say that you are not.

I don't know about him but I kinda have same plans and to enjoy gambling when I retire.
I would "probably" have enough money because I am working towards making that money.
With my investments and other plans I will have that money but if in some case I do not have enough money then I will avoid gambling.
523  Economy / Gambling discussion / Re: What's the best advice or should I just let him on: November 05, 2023, 04:58:11 PM
I'd like to ask the community I have a newly moved neighbor he is a widowed senior citizen and he lives alone with a house helper, all his children are now professionals and he is a pensioner, we talked a lot about many things  I just noticed that he is very active on online casinos and other gambling activities like lotto and cock fighting every weekend, his children do not know his activities and I'm afraid he is getting addicted.

Should I give him advice on how to manage his gambling activities or I just let him since he is just enjoying his senior years and doing things that he missed doing when he was still young? and what's the right approach, we all know senior citizens are sensitive to criticism.



Usually I adivce people to gamble within limits but if I were a senior citizen and if I were widowed then I would enjoy the damn life however it is.
So in this case, you should let him be himself because there's nothing he can do by saving that money.
Now is the time to enjoy it and he is doing exactly that.
524  Local / India / Re: Discussing about Bitcoin to Friends and Relatives. on: November 05, 2023, 04:55:04 PM
Yes, bitcoin is risky but so is every other asset. It's just the amount of risk is higher when investing in bitcoin because it is not regulated by any single government.
A government may attempt to curb bitcoin but they know its futile - look at Bangladesh and Nigeria and how people are evading bans on bitcoin there. These countries have the highest amount of campaign participants in this forum and are earning well which itself is a form of investment into bitcoin.

Still government's non-lenience is a negative factor, a deterrent from people openly investing into bitcoin, but these will change gradually and by not starting early they will be the ones missing out. Dont force them but allow them to understand their actions.

And that's what makes bitcoin. The freedom from government and the ability to control your own money.
With great power comes great responsibility. Owning bitcoin has it's associated risks which people forget about.
This negligence costs them a lot sometimes and that is why we have to make people aware of the risks first if we suggest them to buy bitcoin.
525  Economy / Trading Discussion / Re: The most risky adventure you must avoid on: November 05, 2023, 04:31:12 PM
It's a known fact to everyone that risk is directly proportional to profits. The more risk we take the more profits we get.
But the wise one knows which risk is worth to take it and I guess that's where many fail.
We should know whether the risk we take will be fruitful to us and things won't go very bad if we fail.
I guess that's what OP means when he says "calculated risks".

I agree that trading is too risky as the price is volatile, so much so that many traders and beginner traders tend to lose some money because of their mistakes and wrong trades. But without risk, as you say, you can't also obtain profit; risk is profit. It matters how a trader turns the risk into profit; it requires skill and knowledge.

That's where calculated risks enter. A wise trader knows what amount to risk and what trade worth to risk. I personally quite mastered that thing. At first, I always raised the risk by raising the leverage but didn't do well always. There's always a perfect timing and certain point when to trade with low leverage or high leverage. I myself am a risk-taker, but not always do I know when to back down. Of course, there are trades that I want to do but choose not because of uncertainty but eventually regret not taking the risk.

That's what am talking about. These were the trades of uncertainty that lead me to losses.
You're right when you say we should know which trades to take and which ones to avoid.
If we keep taking all the trades we will end up losing a lot of money.
But knowing when to take the trades is a key skill to have to make good profits.
526  Local / India / Re: Will Bitcoin reach $150K in the next Bull Run? on: November 04, 2023, 05:19:17 PM
By March or April of next year, we will see the next halving occurring and we all know what halving does to Bitcoin. For those who are new here, halving means Bull run, and in general, it happens after the halving in 1 year. As we know there is a race going on in the USA where every financial giant is trying to get their Bitcoin ETF approved by the SEC. Considering these two factors what do you guys think would be the new Bitcoin all-time high?

Please use the poll and comment below on why you think the price of Bitcoin will break the old-time high and the reason why it will reach a new ATH.

A speculation thread in Indian board. Interesting but you would get more answers if you would post it in global boards.
I personally think bitcoin will definitely cross the ATH because it always does.
The next ATH can be near $100k because I have heard that there's a huge wall at that price point.
A lot of people are waiting to sell at $100k.
527  Local / India / Re: Discussing about Bitcoin to Friends and Relatives. on: November 04, 2023, 05:15:07 PM
Hello everyone,
I had like to ask you a question that How often Do you talk about Bitcoin and cryptocurrencies with your friends and relatives?
It is something I have been thinking lately. When I think of sharing my excitement about crypto with people I care about. I often wonder about two things:

1. Is Bitcoin Risky?: One major concern that holds me back is the perceived risk of Bitcoin. What if people invest and end up losing their hard-earned money?
How do you approach this aspect when talking about crypto?

2. Beating Inflation and Earning Profits: On the other hand, I also see the potential for people to beat inflation and make decent profits from cryptocurrencies.
So, should we consider discussing the financial benefits as well?

Have you had similar hesitations or successful conversations about crypto's potential risks and rewards with your friends and Relatives? Share your thoughts!

Yes, bitcoin is risky but so is every other asset. It's just the amount of risk is higher when investing in bitcoin because it is not regulated by any single government.
But at the same time, the higher the risk, the higher the reward.
So we should make things clear when we suggest anyone to invest in bitcoin.
One should know all the pros and cons before he invests in any asset.
528  Bitcoin / Bitcoin Discussion / Re: 93 Percent of all Bitcoin Has Been Mined on: November 03, 2023, 03:42:52 PM
Yeah, you read that right, 93% of all existing Bitcoins have been mined already, we have just 7% remaining, and it is estimated that the last Bitcoin will be mined by the year 2140, that is approximately 117 years from this year 2023.

100 years makes 1 century right? yeah, so this means that the remaining 7% of bitcoin yet to be mined will take more than one century to mine all of them.

Now, with bitcoin becoming more popular and expensive as time progresses, Billions are gonna be competing to mine the last remaining bitcoin, if not for anything, to at least have it as a legacy that they were among those that mined the last bitcoins, I also want this as a legacy for myself but unfortunately, I probably won't be alive in the next 70 to 80 years from now, and so it is also for majority of us here right now.

Are you here and still unsure whether bitcoin is the right asset to invest in, well, just start accumulating bitcoin today before it's too late, if you feel you are too old and don't have any need for bitcoin, you sure need bitcoin for the generation coming through you, accumulate bitcoin for them, it's a legacy they will live to forever remember you for.

And so we have discussed this n number of times already. Yes, bitcoin is legacy and accumulate as much as possible while you can.
But the important thing is, take the profits when you are in need, have a backup plan for inheritance and enjoy freedom because thats what bitcoin is for.
Don't just keep accumulating without any backup plan so that your bitcoins become inactive after you're dead.
529  Economy / Gambling / Re: Freebitco.in - FUN Token Investment Experiment on: November 03, 2023, 03:25:13 PM
Lost the bet on ETH price prediction  Embarrassed The range I bet on was $1500 - $1750 but the price on 30th was around $1800.
We could have won if the price was just $50 less but alas. Anyway, we'll try our luck next time and hope the price keeps rising up.
Need not show the sad face  Grin, that is gambling for you, I also remember placing some bets on both bitcoin and eth prices but haven't checked, but I am very sure I lost as well.

But then, this is nothing to worry about for me since the amount of money on staked on both games are that much to worry over if lost.

Crypto price prediction I think will become the latest innovation in the world of gambling, and it's a game that looks and feels very simple to win, but unbelievably difficult, and even after all the technical and fundamental analysis, one will still need to be lucky to predict correctly, thereby winning the game.

Lol, the emoji was just for the lost and I don't mean that I am hurt because of the losses.
I had only placed around 700 satoshis for the bet  Grin Luck is definitely needed here.
If you don't have the luck then even an expert will lose his bet no matter how good his analysis is.

P.S: I figured out I posted in the wrong thread. I wanted to post in the official freebitco.in thread but posted here instead.
530  Economy / Gambling discussion / Re: I think gambling is inbuilt, kids don't learn it anywhere, they do it! on: November 03, 2023, 03:18:12 PM
Since you said you became addicted to gambling and used your entire pocket money for betting if you would have continued betting then you would have done the same as an adult.
It's good that you were able to give up the gambling addiction because it would have ruined your life otherwise.
This shows how easy it is to get started with gambling and get addicted to it while how difficult it is to leave this habit.

I definitely feel lucky because even though I thought I would have more money and gamble more during the period I mentioned, I actually feel very lucky that I experienced this addiction during my student years and didn't reach a threshold that could be considered a crisis due to not having enough money or income. Also, as someone who had a gambling addiction before but managed to overcome it I would like to remind that it is very easy to become addicted to gambling but it is very difficult to get rid of this addiction and I support your last sentence with this thought.

Yes, that's a well known fact. It's funny at the same time because as you said it's good that you experienced it when you were young.
At least you didn't lose a lot of money that way  Grin
531  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin help? on: November 03, 2023, 02:33:54 PM
The rate of poverty across the globe is becoming worrisome. Many people are continually crossing below the poverty line to the state of depression. I was heartbroken seeing the number of people struggling to enter the US as  shared by Elon Musk in X. Weather we choose to believe it or not, there is an impending global problem that if concerted effort is not put at addressing, there will be chaos. Is there anyway Bitcoin can assist in addressing this?

I know many will think investment in Bitcoin is reserved exclusively for the rich or those who are comfortable; the lower class can actually buy as little as $10 per week. Majority of these immigrants are farmers that the quest for greener pastures pushed into these journeys.  They can actually start small and build from there. Same goes for many people across the globe.

Bitcoin offers unique opportunities for people who want to make decent amount of money and I have the feeling that if these people start investing in Bitcoin, we will see a rapid decline in global poverty.  What do you think?

I think it's not as simple as that. Buying bitcoin as an investment is a good thing but it shouldn't be the only investment in our portfolio.
Whether it be rich or poor, everyone should diversify their portfolio to balance the risks.
Bitcoin is a volatile asset and it can be one of the aggressive risk asset in our portfolio.
It can surely help us from preventing being poort but we should be aware of the risks.

I think for poor people, they do not need to diversify their investment portfolio but should only focus on bitcoin. If someone is poor but has enough money to invest and that is the amount of money they can lose, they should accept risks to be able to achieve greater success, creating a turning point in life. Instead of being careful little by little and making poverty last longer.

Rich people are also people who step out of their comfort zone to do things that others don't dare to do and achieve things that others don't have. Success requires trade-offs. And the bitcoin opportunity is a rare opportunity and not many such opportunities will come our way, if we don't take full advantage of that, it will be a bigger pity.

If a poor person has $5000 to invest, would you advice him to invest all of it in bitcoin ?
I would certainly not because tomorrow if the market crashses then his $5000 can become $2500.
The poor person would panic a lot and can take certain steps which he shouldn't.
I know the opposite can happen too but generally the amount of happiness is less when compared to panic and stress.

If he diversifies his investment in 2-3 assets then the risk would become balanced.
The profits might get decreased but steady growth should be the actual goal.
532  Economy / Gambling discussion / Re: Gambler avoiding friends after a big win. on: November 03, 2023, 02:24:46 PM
At one of the local gambling shop I visited during the weekend I happened to listen to a conversation between two bald looking gamblers at the shop talking about one of their gambling colleague who had won a big amount of money amounting to a million in the local currency and due to that win this colleague of theirs' has been avoiding them since e won that money. From their conversation it was obvious that they were a circle of close three friends that gamble together.

After all I finished with my bet headed home and was asking myself what could the colleague act that way avoiding his close friends they all gambling together and just because luck shines on him first he decides to create a distance and class. I couldn't actually annex a good reason why anyone should do that.

I can think of only 3 reasons why that colleague would behave in this way.

1. He wants to stay low because he doesn't want many people to know about his winning. We know that lots of money brings unwanted attention and may be that's why he is keeping distance from everyone until he figures out what to do with this money.

2. He would be thinking that his colleagues would ask him for money and he doesn't want to give them any.

3. He might be busy enjoying his reward elsewhere.

Most times people only think one way when it comes to matters of this nature.  Sometimes some people react back in the way they were treated when the journey was rough and tough. Possibly your reasons are correct but what if it is possible to meet with that gambler and ask him questions pertaining his actions then you will be able to hear his story and do not be surprised of him telling you his experience with his friends who were mean on him when they were together trying to make an earns meet through gambling.

That's a possibility as well. People learn from their experiences and sometimes the experiences are not good.
In such situations, people adapt what has happened to them and do the same.
There are many reasons why the gambler would have behaved in this way and there's nothing wrong in it.
533  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin help? on: November 02, 2023, 04:58:54 PM
The rate of poverty across the globe is becoming worrisome. Many people are continually crossing below the poverty line to the state of depression. I was heartbroken seeing the number of people struggling to enter the US as  shared by Elon Musk in X. Weather we choose to believe it or not, there is an impending global problem that if concerted effort is not put at addressing, there will be chaos. Is there anyway Bitcoin can assist in addressing this?

I know many will think investment in Bitcoin is reserved exclusively for the rich or those who are comfortable; the lower class can actually buy as little as $10 per week. Majority of these immigrants are farmers that the quest for greener pastures pushed into these journeys.  They can actually start small and build from there. Same goes for many people across the globe.

Bitcoin offers unique opportunities for people who want to make decent amount of money and I have the feeling that if these people start investing in Bitcoin, we will see a rapid decline in global poverty.  What do you think?

I think it's not as simple as that. Buying bitcoin as an investment is a good thing but it shouldn't be the only investment in our portfolio.
Whether it be rich or poor, everyone should diversify their portfolio to balance the risks.
Bitcoin is a volatile asset and it can be one of the aggressive risk asset in our portfolio.
It can surely help us from preventing being poort but we should be aware of the risks.
534  Bitcoin / Bitcoin Discussion / Re: mtGox Nobuaki Kobayashi on: November 02, 2023, 04:43:43 PM
If at all Mt.Gox is planning to payout their users then they should be getting back what they were holding and not the USD equivalent of it.
I guess they are keeping on postponing the release of coins deliberately so that their users get tired of their announcements.
Or may be they are announcing such things so that they can manipulate the market for their benefit.
535  Bitcoin / Bitcoin Discussion / Re: Do not share your bitcoin holdings with everyone on: November 02, 2023, 04:10:16 PM
I was listening to a news that one of the relatives of a person kidnapped him and asked him for bitcoin in ransom. This happened because that person showed his bitcoin holdings to many of his relatives and news spread among them that he has lot of money invested in crypto. Though, finally funds were recovered from that guy but he could have even lost his life in the whole scenario. Thus, you should be careful with disclosing about your bitcoin holdings to everyone.

Lol, in the current decade, the most dangerous people are our relatives.
They easily get jealous of our growth and continuously find ways to harm us in one way or the other.
It's not just about bitcoin but we shouldn't disclose any of our assets to anybody (except for the one who can inherit our holdings).
536  Economy / Gambling discussion / Re: Is this how it start? (No or yes?) on: November 01, 2023, 03:54:40 PM
Have you been in such situations before? I foremost, asked this question because I haven't done this before. Today I was just doing nothing but sitting down in the sitting room watching TV, but I wasn't comfortable. Then I fund my betting account (hoping to have fun) with $10 but, unfortunately for me, I lost the whole money without winning just a dime. It was not the first time for me to lose money on gambling (but I am not a regular gambler), then I fund another $10, so finally, finally, I still lost the other money I deposited, and I was like asking myself how? When did I even fund another money in this account? why I am surprised is because I haven't funded into my betting account twise in a day after losing done money, so am I becoming an addict? No.

The thing is that if you start doing it frequently then you start getting addicted to it.
You might not be a gambling addict right now but if you continue what you are doing now i.e. keep dpeositing without the want then you will eventually start getting addicted to gambling.
537  Economy / Gambling discussion / Re: Do you think if you have a lot of money its hard to satisfy your ego in gambling on: November 01, 2023, 03:45:50 PM
We have threads here about people betting millions of dollars on sports battings and other games in casinos and the amount of money is insane, they can bet millions of dollars on one team and they easily forget everything and bet another millions.

I doubt if we have high rollers who will admit, that having a lot of money means you cannot satisfy your ego or that your level of enjoyment is high that you will need to bet millions of dollars just to fulfill your dopamine level.

What do you think, if I have millions I will be satisfied betting thousands of dollars for fear of addiction that will lead to losing my fortune, but I really don't know if I will reach that level of having millions and still be moderate in gambling.

I think it would be the same case with millionaires. We have less money so we bet with lesser amount.
Rich would be betting with more money but even they would be having a specific budget for gambling.
If they start using all their money and keep losing then even they will freak out and go crazy.
As said, rich or middle class, they can only gamble happily until they are gambling within their limits.
538  Economy / Gambling discussion / Re: Health Benefits of Gambling on: November 01, 2023, 03:32:42 PM
Gambling is not bad after all but addiction is, gambling has been receiving a lot of negative reactions and feedback but gambling also has a lot of health benefits associated with it but you can only get these benefits if you are a responsible gambler and you have total control of what you wage and limit your bankroll

These are some of the benefits to see more of its benefits you can read the whole article here

Can you add more besides what's written in this article?
snip
            

All the positive impacts mentioned in the article turns to be negative if gambling is done outside our limits.
Everyone has an amount in mind which they can afford to lose and these positive impacts becomes negative when they start losing more than this amount.
It's good that OP has already mentioned that gambling should be done within limits.
Other than the benefits mentioned in the screenshot I think gambling also helps us in making new friends.
539  Economy / Gambling / Re: Freebitco.in - FUN Token Investment Experiment on: November 01, 2023, 02:48:33 PM
Lost the bet on ETH price prediction  Embarrassed The range I bet on was $1500 - $1750 but the price on 30th was around $1800.
We could have won if the price was just $50 less but alas. Anyway, we'll try our luck next time and hope the price keeps rising up.
540  Economy / Trading Discussion / Re: The most risky adventure you must avoid on: October 29, 2023, 04:11:13 AM
It's a known fact to everyone that risk is directly proportional to profits. The more risk we take the more profits we get.
But the wise one knows which risk is worth to take it and I guess that's where many fail.
We should know whether the risk we take will be fruitful to us and things won't go very bad if we fail.
I guess that's what OP means when he says "calculated risks".
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