We all know that gambling income is heavily taxed in most of the countries. This is because most of the countries have separate taxes for the gambling related income. I want to know which are the most gambling friendly countries which charge very less or nil income tax on gambling winnings ?
You can get a good idea about such countries easily from a search engine query. At present, my country is not friendly towards gambling and therefore the rise and popularity of online casinos. Its because people want to gamble and it is full of taxation in lines of lottery as well which is legal. Therefore people are using crypto to avoid these problems altogether and move to a different mode of gambling. I think Monaco might me your go to country. But crypto is not a bad option here. |
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Having Bitcoin at this time is a very big achievement for anyone who has it now, but as everyone one may know no condition is permanent in the market you may have the up and downs loss and profit depending on how you strategically plan your personal business. What does bitcoin halving have to do with your personal business? Are you using bitcoin payments there? Now I observed that Bitcoin is like a gamble of football game whereby you go to the bet shop book your bet and wait for what will come sometimes you win sometimes fear can make you cash out after your cash out you may be lucky and sometimes you might lose something you would have gotten if you had waited.
Bitcoin is a currency, it is not a game. Trading bitcoin carries a risk of being somewhat similar to gambling but if you consider spot trading is it much less than gambling while non-spot trading methods like leverage, futures are pure gambling. Same to Bitcoin patience matters alot you may sometimes sell your Bitcoin because of fear of depreciation in value exchange while some still hold on to it
I just discovered that Bitcoin most times depreciates in day time but when it gets to late hours at night it increases its exchange value I don't know if anyone has this observation as well You dont sleep when the entire world sleeps, you sleep when its night in your place.  Its called Timezones. Rest of the text is thus wrong. |
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Necessary and unnecessary spending need to be segregated first. That eating out every week needs to be reduced to once per month, stop smoking, alcohol and hookers and using public transport or your own cycle instead of a cab might be the first things certain people need to do. These are not necessities of life and can be reduced.
There are more ways to save money too - things can be done for TV shows and movies, but this generation will not remember our times of torrents anymore. I dont promote the idea of piracy but they should learn about it too.
Savings will help in times of emergency, bitcoin may not because your country may not be the lenient few who allowed crypto use, so indeed it is important.
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If you live in first world or rich countries, you have many options because you earn enough, either you use your money for investment, entertainment, both etc. First world country people may be "rich" numerically, but the cost of living there is also high balancing out the difference in numbers. However I do agree that the chance of gambling there is much higher as compared to the rest of the world at least in brick and mortar casinos. On online casinos I have seen third world country users also in high number since they are living in cities where physical casino might face legal troubles and thus dont exist. For this second group the chance to play in casino is like an unfulfilled dream. For the older people there the casino would be a new thing to try and thus they might want to play. But this is number is small and most of the older people in developing countries are not in a shape to sit in front on a pc or mobile and play with their money. |
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Since I mostly invest in casino bankrolls, my questions to the owner would be
-Whether they are going to open the casino bankroll to be invested in future if they have not already?
-If no, What are the reasons for them not opening such investments?
I will make a guess that the casino in question is wolf.bet and I will be watching the thread for the full interview.
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Interest amounts for 16th February was omitted in my case too. It would not bother me much at this stage because its just one day but this repeating in the future might not seem a good thing for the site after years of trust. I assume it was due to lack of players on the site on that day and thus enough money to pay out everyone was not generated.
My trust in the site remains unchanged, however it would be reassuring to hear from the official folks as to why the interest got omitted.
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Cannot login in due to the ongoing DDOS issue. If I remember correctly, because I dont follow their twitter page, there was a 4x Reward point promo running during these two days? Guess we will have to skip that and all for now and just wait it out. Seems like the issue started yesterday, I never noticed because I have been busy with work and now finally got time to wind down in the weekend. Hoping things get settled soon. Less than a week left for BTC/ETH price prediction and the ranges as well as the odds looks promising this time.
If we place our bets both on $50k - $55k and $55k - $60k, we will be able to take a good spot hoping BTC not to fall further from here.
I will still wait a few more days to take my range and then place my bets on the last day to stay on the safer side. Bitcoin price is correcting from 52k to 51k and I guess the selling pressure is catching up with the bull run. |
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In my own country, there is a government program that says two children are better, but not everyone agrees with it. Yes, I understand that this is our right because it is a recommendation. But here we also have to consider, do not let children become victims.
You see this is why government policies have some logic behind them and people dont realize their bad habits. Having more children does not necessarily mean that your future income from these children will be multiplying - that will only happen if each of them gets educated and skilled enough to get an income of that standard to support themselves. If you cant pay for that first part, then forget about the second part. In that way government who attempted to curb the number of children in a household have done a right thing in my opinion. Think twice before having more than one or two, if you are unable to feed them, use a condom. |
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I dont see how you can help yourself to a better state of living at the current situation. Cost of living has increased with you are implying from the cost of the same soap. You cannot always increase your own wage by your own to balance that. In Nigeria, the situation is indeed bad and have you ever given the thought of moving to a different place?
Bringing three kids to the world was your decision so now you have to face the problems. Bitcoin might help to combat the inflation but to what extent, I cant say. Better you try it out and see for yourself.
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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. You mean you are expecting the price to drop from this high? Correction is happening at 52k USD level and price is now at 51k USD and I am expecting more price drop happening. This is the time when the bull and bear will fight a lot and the end result will be a sideways movement for a little while before the bigger one takes over. Of course we can drop back to 47k from this level but I am not hoping that to happen. Right now let the dust settle, not a time to buy or sell. Yesterday was rather the time to sell. |
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At present it will continue to rise, this is a bull run happening and crossing 52k USD I expect the prices to stop somewhere near 55k USD before dropping again. Again this is my pure speculation dont base your judgement on that.
I was wrong in expecting the selling pressure at 50k USD to turn the tables so it would be worth noting if my above prediction turns out bad or not.
However giving a clear range as to what the price will consolidate at is difficult. If it drops it might go back to 45k USD and it is goes up, well I am not complaining at all, we should cross our last ATH.
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Hear you clearly. Like you, I started gambling with a friend, became passionate, and eventually fell. Im among those who've traveled it. I initially thought gambling may be a good method to get money, but I learned how risky it is. It happens just like the drinking problem. If not kept in moderation it can bring in bad news. But in a controlled manner, it can be fun and a good way to spend some time and money with friends. But I've learned to enjoy gambling as fun, not a source of revenue. Risk and uncertainty excite. My approach is lighthearted and I set hard limitations to avoid financial depression. Gambling is about the thrill of the unknown, so remember that. By doing so, we avoid its risks.
Indeed it is the nature of players to hunt the thrill and gambling is one of the easily accessible avenues of getting that thrill. But do spend time to play some sports, undertake some adventure hikes and travelling - these things have an effect on the clearing of your physical and mental health if gambling for too long. Gambling should not be the one controlling your life, rather you should be the one doing that. |
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I don't think they mean it literally but it is then I stand corrected. But in the persoective of gambling, it is really has a point. It's like us doing nothing and then surely nothing will happen. We couldn't experience luck unless we try to gamble.
You can twist a situation to show that gambling would have been something good to encourage people to gamble. But I never support this. Proverbs and old sayings have the chance of being mis-interpreted and people usually take these words with high hopes of being wise words. They are not always like that and the situation is what is more important. A broke person should not attempt to gamble their last pennies but work hard to earn money and save it. Some proverbs might be correct in a specific situation but horrible in another. You have to use your conscience to determine that. |
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This is not the first time that Ethercrash has been in trouble. Previously one of their cofounders ran away with some investors money during another blackout. I would suggest the OP to wait it out but assume the bad because these things are not uncommon in crypto. Their representatives on this site have been away for more than 4years now. This was their oirginal ANN thread e͏t͏h͏e͏r͏c͏r͏a͏s͏h.ισ | 0.75% average house edge | ETH & BTC Accepted 🏅User Perchlorate - https://bitcointalk.org/index.php?action=profile;u=1167365
Offtopic: you might want to go on chatboxes of sites like Bustabit - a lot of the users there like Gumhead and FotherMucker are very chatty and often have info about these neighboring crash sites. This was the previous event that happened |
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how it turned out?
I dont think the OP is available to reply anymore. But to be very honest, getting an ROI from mining in India is tough considering the ambient temp in most states to be on the warmer site, non-cheap electricity and the cost of getting the miners from outside India. Are you from India? If so do introduce yourself in the main section and tell us about your crypto journey if any. |
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Second, if you lose and don't have nothing left, it means you need to stop gamble. You can see here how the casino is built to exploit the human nature. The temptation of money fuels the greed, then comes the attempt to win which leads to a loss and fuels the anger which brings the next bet. In this manner one bet leads to another the chase of losses is not realized soon enough. Being able to manage these things, such a person would not become an addicted but a diligent gambler who would look for methods to be the house instead of actually being the player. But if the person plays into the trap of emotions, they will lose more than they can ever imagine. |
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It is associated with being an adult and to be able to take the responsibility of money on your own without the need of the guardian.
But to be honest, I would not get the <18year old near gambling scene but teach them about the good and bad about gambling instead. Many troubled teens have the tendency of getting addicted to gambling and this can ruin their life so as experienced adults, it is our job to make them aware and teach them the correct way to manage their finances.
It is tough to keep gambling in the "fun" territory for <18 teens. Often gets into the drugs and sex scene too.
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The larger the funds used, the easier trading will be, because with a small target percentage we can already get a large fiat nominal value. True, but to be able to make that significant a change, you need a large capital and putting that to a single trade can make the trader sweat. But people fail in trading not because of the capital but because of their mindset and their impatience. If the mindset is a long term one with no panic selling, the long term survival in the game is high. But with the short term and day trading type of "games" that some newbies start specially after watching some influencers on youtube, they will get washed out in a couple of days. |
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No one has an insider information here OP and it's most likely that if there's someone that's got an insider trading, True, no idea what objective the OP actually has for but people giving out such info will never actually have that information, they may just be attempting to scam a newbie. Accurately predicting the price of bitcoin if possible then such people would have already become millionaires and trading would be too easy for them, almost like using a cheat code to beat the game. In other words, its not possible in reality. Dont be of the mindset of paying someone to get rich yourself, you will be paying, not getting anything in return and learn trading yourself and then you will realize your mistake here. |
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Its the mindset - being a person who does not sell when the market is falling and does not buy when the market is rising is important. The majority of people who enter crypto are with a get-rich-quick mindset, because of which they will follow this mistaken line of trading.
If your mindset is not like that you will be able to make profits be it short or long term, provided you keep yourself limited to bitcoin. I cant talk about altcoins, they are not my cup of tea.
TA is going to show you the trend, but do not depend on TA fully, the market has a bad habit of reversing itself before you know it.
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