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5781  Economy / Gambling / Re: Enough to consider a casino scam? on: April 15, 2023, 02:22:57 PM
$8k is probably enough value to trigger additional verification requests for casinos in general. With a case like the OP described, I can consider them a scam or a bad system because it's not a good way to cancel winnings by making verification difficult. Usually the casino has a technical reason if the winnings have the right to cancel them.

   -   The problem based on op's story is that the support did not even mention the reason why it is necessary to submit a kyc, unless the gambling platform is actually a regulated casino. After that, it's usually no wonder that KYC is looking for it.

However, if it has already submitted kyc and there was no problem, then the gambling platform still does not want to allow the 8000$ to be released. Unless the platform really doesn't want to allow their client to withdraw it and that's the sad thing to think about this matter.
When support can't provide a solution, So they won't allow withdrawals without any reason. If the casino is regulated then the gambler will be able to withdraw his money. It is only mentioned here to use KYC as an excuse. They are bound to pay if KYC is accepted. But they will never approve KYC. The main problem is that they will never let the gambler withdraw $8000. As a result, there is no doubt that they belong to a scam project.
It's possible that the casino doesn't have that much money to pay the winner, so even if the winner does KYC, the casino keeps the money. The casino should not burden the winner, especially since they have done KYC and have been proven to have received verification from the casino because there is no reason for the casino to withhold the winnings. But if it's a scam casino, they won't want to pay the money to the winner even if the winner doesn't mind doing KYC.
5782  Economy / Gambling discussion / Re: Ridiculous Bets that disappointed you on: April 15, 2023, 01:15:45 PM
ridiculous bets is all i make.

and some days i lose..

other days i lose a lot.

also, i can't understand what happened in the screenie..

because i can't read .. what is that.. russian?

Well, at least you're consistent with your betting strategy! As for losing, we've all been there. Some days it feels like the universe is conspiring against us. And as for the screenshot, I'm no expert in Russian, but I'm pretty sure it says something along the lines of "Congratulations, you just lost all your money." So, you know, just a little something to brighten your day!  Cheesy

I'm sure we've all experienced it, which makes us different from before. We should be able to experience defeats that we often experience to prevent ourselves from other big defeats. Still, unfortunately, we often forget to stop, causing us to experience bigger losses than before.

We don't want to experience the loss of all the money and should be able to hold ourselves back, especially after losing streaks.
5783  Economy / Gambling discussion / Re: Wagering requirements for withdraw on: April 15, 2023, 11:51:47 AM
    -   Almost all crypto gambling have their rules like that if you are one of the players where once you enter money on their platform you really have no other choice but to use it to match the money you deposited. Apparently, even if they say their minimum withdrawal limit is 20$, you must first accumulate at least 100$ on their platform.

This means that even if you only entered 20$ and you were able to play with 20$ that you often win and lose, if your total playing on their gambling platform reaches 100$ you can reach 100$ wagering even You only put in 20$, this is what I think is happening in the casino platform in crypto.
By having an experience like that, we shouldn't be surprised by what we experience in some other casinos. That is why we don't need to deposit such a large amount of money because each casino has different regulations. It's to prevent us from happening like you said so we won't have an unpleasant experience. If we don't try to avoid it, we won't be able to enjoy gambling and will only get frustrated with the rules because we will see them as unfair.
5784  Economy / Trading Discussion / Re: Don't encourage multiple trading! on: April 15, 2023, 10:41:14 AM
Your friend should not open more than one trade because he needs to get used to trading on just one before trying it with more than one trade. In addition, he needs to learn more about market analysis to adapt to each coin's situation and find the right coin to trade. Opening different trades at the same time is not easy and requires more skills to be able to analyze coins. Maybe you can suggest that and let him decide to keep trying to open more than one trade or follow your advice.
Triggering analysis on multiple trades will only bring confusion and losses. The market fluctuating steadily and there's no definite time that it will make retracement back to it's usual spot. Trading should be understandable before crucial research is carried out. I don't open multiple trades because I've gotten some experience on it, trading it will gives more room for losses and I'm not ready to make such mistakes in the market. We do learn everyday, either from our colleagues mistakes or our personal mistakes, no one is perfect in trading, even top traders record losses because the market don't always go as planned.
Before they can properly analyze and know how to anticipate or adapt to circumstances, they are better off trading only one pair. It can also spare us all kinds of feelings especially if the market changes direction suddenly. We cannot anticipate it, meaning we only think about closing the trades we make without thinking about anything else. That is why we need to learn more about trading to improve our ability to analyze the market.
5785  Economy / Trading Discussion / Re: Don't encourage multiple trading! on: April 14, 2023, 03:37:46 PM
Your friend should not open more than one trade because he needs to get used to trading on just one before trying it with more than one trade. In addition, he needs to learn more about market analysis to adapt to each coin's situation and find the right coin to trade. Opening different trades at the same time is not easy and requires more skills to be able to analyze coins. Maybe you can suggest that and let him decide to keep trying to open more than one trade or follow your advice.
5786  Economy / Gambling / Re: Gambler Loses 1.4 million USD in a bet with lower than 1.01 odds! on: April 14, 2023, 02:37:55 PM
Yes because investing in cryptocurrency is different from gambling, and the difference is very significant. But becoming a billionaire in crypto will also be seen by how much capital we invest, because if we have little capital, it will be a little difficult even though the bull run season occurs.
Having a lot of money to invest in cryptocurrencies has been my dream, and I hope that one day I can invest more money than I can invest now.
You are right, even though we are billionaires, we must be able to limit our money to gamble, because if not with good financial management, how much money we have will run out.
Apart from the capital factor, becoming a billionaire in crypto also depends on choosing the right coin so that it can provide big profits, especially when the market gets a big pump. And being a billionaire is not a condition that can make us use a lot of money to gamble especially in gambling, we have the possibility to lose a lot of money. It's better for us to use the money to invest in many things to spread our investment to get a lot of profit.

And gambling really has to be with money restrictions because if not, we will experience many losses. We certainly regret we have experienced many losses but unfortunately, the money has disappeared at the gambling table.

Gambling and Investing in cryptocurrency are two completely different things. Money that is usually placed in gambling may or may not be returned. Investing in crypto on the other hand can give you higher returns. But it is difficult to say when that will happen. Moreover, to invest in a good project, an investor must spend a lot of money. If someone wants to own a lot of money by investing in Shit projects then he can fail there too. But gambling is different where you get a chance to get more than keeping less money and also fear of losing.
Indeed both are very different. Playing gambling, whether using crypto or fiat, will still give you two choices: winning and losing. While investing, we can have the opportunity to make a profit even though we can also experience losses if we choose the wrong coin.

And the losing gambler can get depressed even though he is a billionaire because of the large amount of money he has used. But he should prefer to invest in other things than to gamble and hopefully he will realize his mistake and can invest in making a profit.

Neymar is an official partner of Blaze, so he probably gets to gamble that much money on the platform itself only to lure the audience that watches him toward the platform. That is one of the newest marketing techniques that most of the platforms use, Stake has got a lot of partners including Sergio Aguero, Drake, etc.

It's probably the best practice not to gamble with a lot of money if you can't really afford it. Getting inspired by these celebrities and gambling with a lot of money will only cost you money while they just gamble for fun using the platform's own money.
That's the difference between us and those celebrities. They have a lot of money and are even given money to promote so they can gamble freely. At the same time, we don't have a lot of money and can only play enough gambling, whereas we also can't expect too much to be able to win a lot of money. So we should limit ourselves to gambling.
5787  Economy / Gambling discussion / Re: Slots 101: Basics, Strategies, and Discussion (with poll) on: April 14, 2023, 01:39:56 PM
Looks like @Bitinity and @len01 managed to get a big win because not many of us can get a win like that.

Congratulations to both of you. Recently, my game seems not so good because I lost a few dollars. Well, maybe luck just hasn't come my way. But I'm sure that luck will come to me later.

Enjoy the win. Don't forget to have fun celebrating Grin
5788  Economy / Economics / Re: Automating your savings will help you save more on: April 13, 2023, 04:13:59 PM
I used the system several years ago. So when I get a salary from the office that goes straight to my bank account, some money is sent directly to my other bank account, and the amount is fixed every month. It helps me to be able to collect some money in one year so I don't have to bother saving every month.

But now I don't work in an office anymore so automatically, no savings are sent directly to my other bank accounts. But I always try to save the same amount of money every month and I also try to save bitcoin every week so this helps me to have two kinds of savings. And indeed, this requires good determination and self-discipline because we do things routinely.
5789  Economy / Gambling discussion / Re: Slots 101: Basics, Strategies, and Discussion (with poll) on: April 13, 2023, 03:00:03 PM
That sounds pretty unfortunate. Maybe you shouldn't have played 2,000 spins straight but should have taken a break or maybe tried some other game. It may sound absurd but this trick actually works pretty well at times. When you are constantly losing at a game, just exit, take a 10 to 15-minute break, get back and try another game first, and then get back to what you were playing and you will see a change.

People mostly don't do this and they just continue playing even if they are losing every single bet, some start chasing their bets and lose even more and some just continue with the regular base bet but don't stop until they exhaust their bankroll.
yes, I should have quit when I lost a few hundred spins, but that's what gamblers usually experience when they lose, get angrier and keep betting until the balance runs out. In this incident the positive I took from my gamble is that there are always bad days when gambling.

as for the self-control to take a short break when you lose, that is the gambler's worst enemy. It is not easy for gambling addicts to control themselves and end up chasing losses. sometimes i do that. Cheesy
Usually, it happens when we can't handle the rising emotions due to previous defeats that make us continue playing without resting. I think many people have experienced it and not many have had the luck to win big amounts.

Self-control when gambling is not easy because it will provoke emotions to try to win when we lose. But we have to exercise that self-control because if we don't, we're sure to end up with bigger losses and won't even be able to win a little money.
5790  Economy / Gambling discussion / Re: Tilt in gambling on: April 13, 2023, 02:00:13 PM
Actually I didn't rage whenever I lose but it definitely affects my mood for example if someone wanted to talk to me, I am really irritated and doesn't want to talk or speak to anyone and when I am alone, I kept thinking on the money that I lose and instead save it for something else like grocery or food. That's why it is really hard to play gambling if you don't have money or you see it to make more money instead of a leisure or as a past time.
Getting to lose money in gambling will affect our emotions, especially when we experience consecutive losses. We want to recover from that loss but we should stop for a moment and control our emotions so that we don't intend to recover because that will surely lead to another loss. If you don't want to experience big losses, you really have to be able to limit the money you use to gamble and always stop when you have lost several times and leave the casino.
5791  Economy / Speculation / Re: 30k Bitch!!! on: April 13, 2023, 01:11:06 PM
The achievements so far are of course very satisfying, but we must not be too quick to sell, I'm sure that when there is an increase like this, there will be lots of FUDs circulating and saying prices will fall again, but we must understand that conditions like today will continue to rise.
We have to be careful at this time because it is possible that the price will decrease again this weekend and will make people panic and not calm in holding their bitcoins. But for people who have known bitcoin longer, it will not be because they can still survive any situation and even use that situation to their advantage. If your target sell price is still not reached and it is the next peak price, you should keep holding on to bitcoins even if it takes a long time. If you can do that, you can get big profits later.
5792  Bitcoin / Bitcoin Discussion / Re: How not having money helped my Bitcoin journey on: April 13, 2023, 11:46:12 AM
It's true that not having money to invest in Bitcoin can be a blessing in disguise. Instead of focusing solely on making money, people can take the time to learn about Bitcoin and the underlying technology, which can be very valuable in the long run. Furthermore, with a deeper understanding of technology, people can make more informed decisions about investing in the future. Therefore, instead of being discouraged by not having enough money to invest in Bitcoin, people can take advantage of this time to deepen their understanding of the technology and the market.

I agree with you because by understanding investing in bitcoin well, they can find something that can make them able to invest in it even with a small amount of money. That gap is what they can use to find hidden blessings from bitcoin and who knows, they can be luckier than other people who have money. But not many people want to try hard because most of us just want it to be easy.
5793  Economy / Economics / Re: Invest your money wisely - another lesson, Techie tries to suicide. on: April 13, 2023, 10:47:43 AM
One thing you should bare up in mind that you should  really be that knowing about the risks involved when you are dealing with crypto investment and never ever take up some loan nor make use of others peoples money to invest into something which you do believe that it would pumped.We know that this market is highly speculative and there's no way that you could be able to predict that it would be ending up profitable.
What if the result would be the other side of things? For sure you would really be putting yourself into a huge problem which it would really be causing up this kind of situation or condition
where you would really be seeing that taking up some suicide would be only the solution, it is really just that sad that people do end up on this kind of situation.
Unfortunately, many people still don't know about the risks involved in investing in crypto and just follow the advice of others without checking or looking for more information. They are tempted by offers of big profits offered by someone who has already joined. And they are even willing to invest using a lot of money but soon, they will lose all their money because the project is fake. This is where we must be wise in managing the money we want to use as an investment and don't easily believe other people's explanations, especially when listening to returns that look good to be true.
5794  Economy / Gambling discussion / Re: Are lotteries really a good way to engage with gamblers? on: April 13, 2023, 09:45:48 AM
I'm ok with lottery inclusion if I am qualified based on my usual deposit and wager, lotteries have been a way to attract new gamblers to increase their deposit and wager more if you will offer attractive prizes that's good, not all gamblers are attracted to lotteries but there's still a big number of players who are attracted and will participate on lotteries that their casinos are offering.
I think lottery is quite interesting and we don't have to lose anything if the requirement to eligible receive the ticket is after gamble for wager for each $500 as an example, some casino usually sell the ticket for $1/ticket, this is make me not interested.

My suggestion is when you want to announce the winner, it's better if you have a livestream during pick the winner. So anyone will know if the winner is picked randomly and not scripted due to lack of transparency.
People are more likely to be attracted to buying lottery tickets if they can be cheap and they will buy in large quantities. That usually happens in casinos or other places that provide lottery tickets. People want to get prizes from the lottery, so they buy many tickets. After all, they don't use a lot of money to buy a lot of tickets.

Using live streaming when selecting winners will make many lottery gamblers not want to miss watching it. They will be enthusiastic about watching the show and hoping they can win.
5795  Economy / Gambling / Re: Gambler Loses 1.4 million USD in a bet with lower than 1.01 odds! on: April 13, 2023, 08:57:23 AM
The condition is still possible for both of them because we also don't know whether he is a billionaire or not Cheesy
If indeed he spends all that money on one bet and he really loses everything then surely it will give him a long headache but on the other hand if it is a billionaire then they will be fine and will probably just laugh like Neymar did recently where he lost quite a lot in just over an hour.
But as you said, there is a positive side to this and of course this can also be a reminder that in gambling even if the odds are very small it doesn't mean it's something that can be won easily because something like this could happen.
If he were Neymar, maybe he would laugh again but we only know that he has already lost a lot of money playing gambling, so we have to stay away from spending a lot of money like him. After all, we're not billionaires (I mean, we're not billionaires yet Grin).

So we better just take the positives for us so we don't play gambling with lots of money. And even though there is a possibility for us to win and it turns out we win, we must be able to stop ourselves from continuing the game and stop immediately before everything changes.
I like it when you say we are not billionaires yet, but I believe that with a long process we will become someone who will be called "billionaires" even though we don't know when the time will come.  Grin
By becoming a billionaire, we will be able to gamble with more money than what we can spend now. I wouldn't be able to sleep losing that much money now, and if I were a billionaire I wouldn't have anything big happen after losing that kind of money. We must be able to make this motivation so that we can be like them, yes, even though we don't really have great wealth like them, but at least it exceeds the wealth we have now.
We have the opportunity to become billionaires from crypto especially if the bull run and altcoin season come back soon and make all our coins get their peak prices again. But if it is from gambling, I think it will be difficult for us to get rich because only a few people can become rich because of their luck.

But even though we are already billionaires, it's better not to play gambling using a lot of money because gambling can cause you to lose money. We can save money or use it to open a new business. It can provide benefits in the future if we can manage it.
5796  Bitcoin / Bitcoin Discussion / Re: we don't have proper education on bitcoin. on: April 13, 2023, 07:40:48 AM
But not everyone wants to know bitcoin because they don't want to accept new things that can change their life. And that's why, even if they get the right information about bitcoin, they may not want to own bitcoin, even in small amounts. When we already know bitcoin and are involved in it, we can try to own it and teach it to the people around us. Of course, bitcoin is only for people who want to accept it, while for others, we don't force them to use bitcoin. And let them get their information from somewhere else they might prefer.
Perhaps, Bitcoin can easily be understood how it works if we wanted to spend time learning about it. Because so many resources that we can find online and the only thing we do is allocate time for this but what people do is keep ignoring and making their life busy into useless stuff. That is why I could say that it was hard to educate someone if he/she has no interest as well. And even if it was been taught in school, I still don't think if it works for them as they will just listen but not learning.
They should be able to understand how bitcoins work in a short time, especially if they are just curious about buying and selling bitcoins, where they can do it, and what they need to prepare. It won't take long and they can already use it. They can learn more in their free time to get a lot of information about bitcoin. Maybe we just have to wait for their reactions about bitcoin and if they have any further questions about bitcoin, then we'll explain. Using bitcoin is a personal will and we should not force it.
5797  Economy / Gambling discussion / Re: Crypto casino sports betting for gamblers at local bookmakers. on: April 13, 2023, 06:23:02 AM
You can try to approach him and provide an understanding so that you don't play crypto gambling too often and invite him to do other activities that have nothing to do with gambling. But it's not easy because he has turned into a gambling addict and by using crypto, he can gamble easily.

You must use all means to be able to return him to his family and can help him cure his gambling addiction. Even though it's hard, you can still try it and direct him to invest in crypto instead of gambling.
It seems that it won't be easy, friend, because OP has given his previous response that he has done everything he can to stop his friend's gambling addiction, but it's all in vain.
If I look at it again, it would be better to limit technology such as cellphones or PCs for a while so that I can not access gambling sites all the time, so that over time I can forget about gambling and choose activities that are more fun.
I'm not sure whether the understanding or advice for gambling addicts will work because addiction is an action that has influenced the brain to continue doing it even though it is a bad action.
Yes, I hope the OP doesn't give up and can return things to normal.
Even though it looked like it wouldn't be easy, he still had to try because it was his responsibility as a good friend. After all, he also didn't want to see his friend get too deep into gambling, so he had to try to help him get out of his gambling addiction problem. Maybe limiting the use of cellphones or PCs or those who have access to gambling is the thing that needs to be done and inviting him to do physical activity that can prevent him from thinking about gambling. It seems that his gambling addiction has entered his subconscious brain so he has become very fond of gambling.
5798  Economy / Speculation / Re: Bitcoin is on 30k how was your feelings ? on: April 13, 2023, 05:13:50 AM
After 10month later btc again touch 30k range, Although I was happy to see it rise to the range of 30k, but a deep pain and fear was created in my chest, actually the fear is that I don't feel comfort when the price of bitcoin goes higher because after investing at that price, if btc's value goes down. It's like the bitcoin pump couldn't make me happy.
I would like to know your feelings on this matter.  Tongue

Of course, it's nice to see the price back up to $30k again because it proves that bitcoin can slowly increase in price again. But sadly, after it touched $30k, it went back down and up again and it has happened many times. And right now, the price is back at $30k and it looks like there will be another increase in the next week as it's almost the end of the market. This weekend there may be a correction in the market so we have to be prepared for all the possibilities.
5799  Economy / Gambling discussion / Re: Crypto casino sports betting for gamblers at local bookmakers. on: April 12, 2023, 04:46:36 PM
You can try to approach him and provide an understanding so that you don't play crypto gambling too often and invite him to do other activities that have nothing to do with gambling. But it's not easy because he has turned into a gambling addict and by using crypto, he can gamble easily.

You must use all means to be able to return him to his family and can help him cure his gambling addiction. Even though it's hard, you can still try it and direct him to invest in crypto instead of gambling.
5800  Alternate cryptocurrencies / Altcoin Discussion / Re: Will the altcoin holders hang on until the bull run comes ? on: April 12, 2023, 03:37:14 PM
You have two choices now: sell it immediately after the price drop or still hold on to it and keep buying at a low price in the hope that you can reduce your average purchase price. I once had an experience like yours but that happened a few years ago and I don't regret it because, with that mistake, I could learn a lot that doesn't chase the rising coin prices. After all, we can get stuck at high prices. So now it depends on your decision and you should think carefully before deciding.
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