The only scenario that is unlikely to occur is the huge panic selling event. We all know that Bitcoin already capitulated when the huge flash crash occurred when stock market falls due to the corona and we've seen the rise of Bitcoin keyword searches and wallet hodlers and im expecting it would not be a boring event.
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There are services that provides you to access restricted websites if your IP is block due to your own countries laws. You can use application such as VPN to change your Ip address to different location or socket same as vpn but no need the use of application, you can do it in your browser. If any of those doesn't work contact the site, if you need to withdraw or refund your money.
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I also have taught about this, i was thinking that maybe i could create a program that continuesly have a popup notification in my phone checking if im still active/alive and if the day comes that i can no longer turn off notifications and if something happens to me then the program will activate and my private keys and creds about bitcoin will be sent to my family.
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As history tells us that new technology replaces the old. So in my opinion Bitcoin is inevitable but it will take some time until it is fully adopted. The old monetary system must be completely destroyed before Cryptocurrency can be recognize as new form of money. A global event must trigger the end of fiat like a pandemic or financial crisis.
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Start slow dont rush it, you're still inexperienced it will only widen your loss. What you need is experience to never get influence by FUD and FOMO. I recommend to watch live trading or crypto technical analysis to get how a pro trader thinks and reacts to the volatile market of Bitcoin. In that way you wont panic if the price drops because you have a stop loss or have waited till a confirmation to enter the market.
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In order to start trading you need a minimum capital and in this difficult times some are barely able to afford to buy food. We all know that trading is risky especially with those who trade with pressure and had invested their savings just to earn extra money. In my opinion i wont advice it, you need first a continuous cash flow in order to start trading because it is no different with gambling.
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All we know is that he isn't much active like before i've heard he was here in this forum as a pioneer it's really a mystery how he vanish after the creation of Bitcoin. I mean, if you've created a technology that could detroy the current monetary system who would not run and hide. Maybe that's the case or maybe something might have happened to him. Who knows but one thing i know is he had change the world.
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It's not that impossible we know Bitcoin is not backed by any central authority thus making the price unstable and speculative but with the recent events such as global pandemic and financial crisis that could change significantly and the trustworthy and stable assets such as Fiat and stocks could go default like for example Oil, many people put their trust in Oil but it failed.
Investors perspective in 2020 about has dramatically change and even popular mainstream business media including CNBC has recognize its value.
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As i see it many physical gambling casino's and sport bookies will decide to migrate to online gambling because if they dont, they will loss profit and potentially lead to bankruptcy due to quarantine could take much longer and some governments would allow it because it contributes through tax like most online businesses do. Especially when government's are handing out stimulus checks in order to keep the economy running by people spending their money.
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I want to participate but i dont have a team, it would be nice if some users here in the forum is willing to group up so we could participate, maybe we could create a group chat in Telegram so we could contact each other in realtime. Also OP should know that there maybe lag in a different server according to my experience when i've joined players in different region those players is from Singapore and the lag really hinders the gaming experience.
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I like email based authentication rather key code based security because once you've lost your private keys there's no way to recover your account. If ever that account gets hack or you've forgotten the password, why i prefer email based security is because some email provider sites now uses anti brute force security and implemented 2nd layer of security and that is captcha.
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The primary purpose of gambling businesses is to make money not to limit their customers spending that money by putting such features and regardless on what feature a casino or sports betting site implement. if a gambler is really into it, especially when their in a winstreak there's no stopping them from playing.
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It's very tempting really to hold crypto because of the big pumps that occurs every now and then. That's why Bitcoin has a short term speculative price because unlike any other asset Bitcoin can gain 12% in just one day.
That's why it's important to have a goal and a long term perspective on how Bitcoin is gonna be, if you decide to hold.
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Always wait for a confirmation Breakout ! Dont Trade Patterns in while they are building !
One of the best advice in my opinion because many got rekt by buying in a position that is about to breakout and rely it in chance that it might go their way but most often times, it's not. Even me learned from this the hard way but the problem with this strategy is you need timing or less you'll the train to profit.
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Lightning network is a pain to use there's no user friendly graphical user interface to transact quickly with LN (Lightning Network) but for me, i only use the normal way to deposit in Gambling sites and the fees are not that high. I guess this is because most users are now using segwit that's why there's less congestion in the Blockchain network. So we can enjoy sending and receiving our crypto in gambling casino's.
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Not really because i only bet amounts that i can afford to loss. I think those people who does that are really addicted to it or are making it as a source of income although it's really difficult and extremely risky if someone is planning to make it as a regular income.
Gambling sites should also add some gambling history so players could keep track on how much they've win.
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No one has found out the cure for corona virus and just like in past deadliest pandemics, it should take a year or two to create a vaccine, so worry not about that. The important thing right now, is banks printing a lot of money devaluing their Fiats this should serve as a wake up call for most people that the monetary system is flawed thus leading Bitcoin to become more popular more than ever because it is scarce.
Surely after this crisis people realize that there are mich more better alternatives.
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This crisis has exposed the flaws of our banking system fiat currencies and how could be one of the tools to transfer, infectious diseases not only corona virus. People are now realizing the importance of Bitcoin and how can be used as hegde if the banks, governments and paper money goes default.
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People should really consider researching and thinking before trusting their money into people offering business venture. He should researched the background of the guy and demand some proof like trading history and portfolio before fully surrendering his money to an unknown trader that has no real proof of his legitimacy.
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I only stick to regular trading because leverage trading is still out of my league and im not to gamble huge amount because i know i would loss it and get rekt. My trading strategy is simple, buy at a low price and then sell. It's only swing trading but it's one of the less risk types of trading.
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