I agree never expect consistent wins from gambling because gambling is not a place to make money. If one can get a big winning streak, it won't last forever because, after that winning streak, there will be a losing streak to come. If someone can be wise after getting a big winning streak, he should use his money well, especially if he can set up a business that can give him more definite profits than gambling.

From that story, I also agree with the second child who said it is better to learn from other people's experiences so that we don't have to make mistakes and can know or prevent them before we make mistakes. But we must be able to learn from experience, be it our experience or that of others, so we won't make mistakes either.

Even if he only holds his bitcoins and the bitcoin price goes down, he still has a chance to see the bitcoin price go up again. And if he can still hold on to his bitcoins when the price drops and can even buy more, he can sell at the next high price. That will give him an advantage over playing gambling which only eliminates his money at the gambling table. Losing money in bitcoins is recoverable, while losing money in gambling is very difficult to recover. So it's up to him to choose which one.

Even though it looks like good news, I would not take it seriously because it will be up to the government in each country whether they will allow bitcoin mining or keep it banned. Maybe they say bitcoin mining has positive effects, but that doesn't guarantee the government will approve it.

We only need to see how the news develops, whether the World Economic Forum will continue to fight for it until bitcoin mining (and the use of bitcoin, of course) is permitted in many countries or is this just a word that is only circulating temporarily.

Bad news and good news are always there all the time. The problem is that the news will strongly impact every moment. So when the market is bearish and bad news is released, even though the bad news doesn't really have a big impact, it has a big impact and makes people panic. Vice versa.

People need to calm themselves down when bad news is released and not take it seriously while figuring out what's happening. Maybe the bad news is just to make people more scared and worried but if people can handle their emotions, the bad news won't have much impact on the market.

You won't know if you don't try

But I doubt if he will buy NFT because there are still lots of coins that he can pump and dump

Unless you know Elon Musk closely and have a good relationship with him, you may have the opportunity to offer Elon Musk's collection of NFT images. Outside, I think the chance will be slim. But it is not wrong to give it a try.

Not having a trading plan should also be avoided because we won't be able to get much profit, especially if the market immediately reverses. This often happens when trading because the market never tells us when the time changes. Maybe there are specific signs that we must find, so this requires a better ability to analyze.

Don't think we can take a lot of profits because when we think so, the market can immediately drop and eliminate our opportunity to take profits. Most traders are so greedy in taking profits that they miss the opportunity and regret it.

This is almost the same as other sports because you only need to find sites that can provide more complete data than other sites. We are talking about sites with a lot of fans and not sites that spread false data because I'm sure there must be lots of fake sites that don't provide any data.

Maybe it won't be easy, but I've seen threads on this forum talk about UFC and Boxing, so you might as well have a look around there. If you can find more information, I think it will be useful for you to learn about both sports. The things to watch out for are not to use the money you can afford and don't bet if you don't know who will fight.

Maybe you can try with this:

Boxing Speculation, Odds and Predictions
[Boxing] Tank Davis vs. Ryan Garcia betting and discussion (May, 2023)
[Boxing] Devin Haney vs Vasiliy Lomachenco - May 20
🥊 The UFC Info and Prediction Thread

It has happened to many people and unfortunately, it does not deter them from avoiding it. They are so caught up with the many offers offered by casinos that they forget to care for themselves while gambling. Maybe at first, they don't see it as gambling but because they follow every game or whatever it's called, they start to become addicted and later, the site will introduce tokens or coins that can be used to bet. And in the end, it will still be the gamble we all know so well. And because those people were used to predicting many matches, with tokens or coins or whatever it was called, they became even more interested. There, they would end up gambling as they had done in other casinos.

Even though the law looks very strict, I think people will still be able to use or find their own way out which can still provide comfort in using crypto. And I think the law will only work temporarily because I also think there must be officials from the government playing in crypto and they're not going to report what they have. And eventually the law will be revised to benefit the government people while the public people are just forced to follow it.

So it's better to stay calm and try to find a way out so that when the government becomes more strict, they can use other ways to keep using crypto. And let's hope there are no restrictions on using crypto in other countries.

If we look at the bitcoin bull run cycle, it happens once every 4 years. But will the next bull run take place in 2025 when the last bull run will be in 2021? No one knows because we can only predict it, especially now that crypto is becoming increasingly popular.

It could be that bitcoin movements are wilder than in previous years and it has happened, so it will trigger another bull run this year, next year or even 2025. We can do nothing but prepare ourselves by buying more bitcoins. And we don't want to miss out on the upcoming bull run so for now, we should seize the opportunity to own lots of bitcoins.

@OP should know that every meme coin can be the next Shiba coin, not just a Pepe token. Maybe @OP can play gambling with meme tokens like Shiba, Pepe and others and not really expect to get big profits like before because it seems like the token meme is just a pump and dump game. He should look for other coins that have more potential to increase and provide big profits later.

But if @OP still wants to invest in meme tokens like Pepe and Shiba, he has to be careful and not use much money because that doesn't guarantee he can make big profits. But if he invests in a potential coin like bitcoin, he will get a big profit in the future.

The wagering requirements for bonuses I've seen are 100x and I think that seems ridiculous because the requirements are so high and maybe only a few gamblers can get them and who knows how much they have to lose before they can withdraw. Even though there are still players who can win, it will not be within reach of small gamblers like us because we gamble not using a lot of money and just want to have fun so we are not recommended to try to take the bonus. I prefer another reason why casinos don't want to give their money away: they only want to get money from gamblers who have lost. We must prevent it from happening to us and there is no need to try to get the bonus if we see it is very difficult.

People who think investing in bitcoins is gambling don't know it is different. They only see the price going up and down every day and think it can't be analyzed using many methods so they think it's the same as gambling. But if they follow bitcoin's journey from the beginning, they will see that bitcoin as a long-term investment will work according to the timeframe. Apart from that, they can also see that bitcoin can be used as a short-term, medium-term, and long-term investment.

Better for him to stick with his plan to invest in bitcoin and leave his friends, especially if they don't want to listen to his advice. His friends will regret it when they see that the bitcoin price will return at a high price. And at that moment, his friends might open his mind that bitcoin is not gambling.

Most casinos write down the rules on their ToS page, but there may be some things they don't include, such as the minimum amount we can use or withdraw not to do KYC. We have to look for this through the support service because usually, the support service will tell us about it. And maybe there is much more that we should know before deciding to join the casino. So regardless of the form of the casino, whether it's really web3 or not web3, the rules will look the same and we have to be active to find out the other rules. People tend to choose casinos that are not web3 because they can contact the support service if there is a problem or they can visit the ANN thread of the casino to ask for answers.

Indeed, web3-based casinos are easy to use because we don't need to register as usual. But that's precisely why we must be more careful not to connect our personal wallet to the casino carelessly and ensure that the personal wallet we use is specifically for playing gambling.

I don't think too much about the issue of decentralization or centralization because I see the government's involvement is getting deeper so I see it as the same thing. Whatever the type of casino, it will not escape government supervision so the government can ask for verification from the casino and all of its members.

The role of altcoins is to help crypto users own more bitcoins by trading them. This can be seen in the market, where many people trade altcoins with stable coins or bitcoin pairs. If they are lucky by getting a lot of stable coins, they can buy bitcoins at low prices when corrections occur. And if they profit from bitcoin, they can hold the bitcoin and sell it when it goes up.

So I feel that the presence of altcoins in the market contributes to many people being able to have bitcoin as their end goal by trading those altcoins. But unfortunately, many people cannot find the right altcoins to achieve their goal of owning many bitcoins.

It is very difficult to be able to get a daily profit of $ 100, especially if you invest in bitcoin because bitcoin is a long term investment and not a short term investment. The profit you get through short-term investment is very small, especially if the capital you use is also small.

But you can trade other coins, giving you a $100 profit daily. But it depends on the coin selection and your ability to analyse the coin to find the right one. Maybe my advice is to invest in bitcoin for the long term because it will give you a huge profit potential in the future.

I don't think investing in bitcoin is the same as gambling because even if some people buy it at the current price and it turns out that the price is falling, the price of bitcoin still has a chance to increase. And as long as that person doesn't sell his bitcoins at a loss, he can still make a profit in the future. So it's not gambling.

But if people play gambling, they will not have a great opportunity to get money from many gambling games and instead, they can lose large amounts of money. You have explained well to your friends but if your friends still think like that, just let them see what you will get later when the bitcoin price increases and you can sell it at the peak price.

In my opinion, it is the same as other crypto casinos because when regulations from the government have been fully implemented for all casinos, the word decentralized will no longer be used because there is already government intervention in supervising every online casino.

But if it's a feature, maybe it's something we already know where we don't need to register using email but we can register or connect our personal wallet to the site and start playing right away. And we also don't need to verify our accounts, let alone do KYC, which many crypto gamblers don't want.

It's never too late to start. You are not alone because I think many people are just trying to join bitcoin even though they don't have much money to start buying bitcoin. But with the knowledge you gain, you can become a smart investor who will own bitcoins from now onwards.

The most important part of having a bitcoin investment is that you can buy bitcoin in the smallest units with your money to apply the DCA strategy in investing in bitcoin. It will allow you to change your life in the future. So immediately start investing in bitcoin and save the bitcoin.

We can suggest that but unfortunately, only a few listen to his advice and return to gambling to try to get another win. While they don't fast themselves with the wins they've won, they keep chasing victory after victory. And only a few can get victory while others experience big losses.

We can only prevent ourselves from experiencing bigger losses by stopping playing gambling, whatever the results we get. We can also come back to the casino another day and who knows, we can get a win.