There are many good exchanges on the market; in fact, just shop around and base yourself on the top exchange platforms. This is the link for you to shop, but it is better to choose the top 30 that you will do trading activity with, if ever.
Now for those who will exceed the top 30, it's up to you if you are willing to take a risk on the exchanges you will enter, and it is also better because, of course, you also do your own research to find out if they are legit and have a have a good reputation.
Top 30 seems like a lot, most of those are not good at all and there is no need to trust it like that. I feel like the best we can do would be just making sure that we handle with just some top names. I do agree that crypto.com is a big name, and I do agree that coinbase and binance are big and that is about it for me. I prefer to use binance for everything because the yare by far the biggest. Imagine getting 4 billion dollar fine from USA and then your CEO and founder is forced to retire and you are still the biggest. How many exchanges could even do that? Binance is by far the only exchange that can do both of these and still stay at the top which is why I believe that it is a lot smarter to keep it this way, there isn't really anything we can do to make it better. |
|
|
|
We just even seen a correction in the last couple of weeks though, as we went as low as $57k right after the halving. There could be some bad news that week, and the investors just pushing the sell button. Nevertheless, as the market is very volatile, who knows, maybe the price could star to go down again as we are like -1.x% something in the last 24 hours. But this is just short term though, I mean the halving is done, and slowly their will be more demand throughout this year so we need to be resilient as well in this trying times. Around $61k-$63k at the end of the month is not that bad. And then after that, next 6 months might be found for us as it could be some big movements and we will break the last all time high of $73k.
This correction was the one that probably was the last one, I do not expect to have any other big corrections to be fair and I am not sure why would it even happen if you ask me as well. We are after the halving and the amount of money we could make with the upcoming bull run is making everyone excited about the future, more and more people are going to end up buying and that will make the price go up, when it goes up then even more people will end up thinking that they are going to end up making some money. I really hope that we are going to end up with making some profit so we should probably consider what would be the only thing that could matter. Let's hope that things do not go out of hand and we could consider what we could make with the current situation a lot better. |
|
|
|
The market is volatile, the BTC price could go up and down by 5-10%. I expect a short term bear market during the summer.
Historically speaking, the summer isn't the most bullish season for BTC. Maybe there will be price pump by the end of the year or the first quarter of 2025. All the conditions for a bull market are about to be met. The USA keeps printing money. The conflicts in Ukraine and Gaza might come to end(after Trump becomes president, but who knows?), there isn't any major FUD against Bitcoin right now.
I'm sad that I've missed the opportunity to sell more BTC at a price above sixty thousand dollars. Maybe next week, the BTC price will drop bellow sixty thousand and it will stay there for several months.
I think 5-10% movement is not really that big, in the world of crypto we could go up or down that much daily and wouldn't really be a shock. I do however think that we are going to end up with something much worse if we are not careful, because dropping 20-30% is not impossible in the crypto world as well and it takes a bit longer for that to happen. However, a good increase to over 70k and breaking the all time high again doesn't seem like it would be unlikely to me, it feels like it could very well happen. It does not mean that it will happen for sure but it wouldn't be impossible anyhow. I personally believe that we are going to end up with making some money during this month and then during the summer we could maybe stay around the same or a bit lower not big. We should do fine until the end of the summer and then start going up super high. |
|
|
|
Knowledge is power and the informed individuals makes better decisions than ignorant people, so those who panic and sale their Bitcoin, when there's a crisis anywhere in the world and it affects price, are just ignorant of how Bitcoin works. Any investor that has the knowledge of bull and bear seasons in Bitcoin, will not worry when it's price begins to dip, instead they'll see it as an opportunity to accumulate more, if they have the money, because price will eventually have a correction and pump will begin. The best mindset for anybody that wants to invest in Bitcoin, is to think long term, not to worry about price volatility and speculations on the short term, because from research bull run will surely come and price will always reach new ATH.
It is just being able to afford to hold, and being aware of the market enough that it was temporary. Even if it turned into a war, that doesn't mean that it will mean something for the market. Have a look at both Ukraine/Russia war and also Palestine/Israel war, you are going to realize that we are going to end up nobody caring about it during the market movements and we have gone from under 20k to over 70k during both of those wars, so if we had Iran vs Israel as well then nobody would have cared about it eventually, and buying when it goes down because of it makes you a lot of money as well. Thankfully we didn't end up with another war, but the price still went low a bit and people who has seen other wars and what it did to the market, didn't feel bad at all. |
|
|
|
I really love all the discussion. I feel like this kind of discussion can open up doors to talking about how crazy it is we can easily just buy this stuff!
I fear there will be a day when buying Bitcoin...even 1 Satoshi...will involve hurdles.
I'm not saying it won't be accessible everywhere, and to everyone, but I'm just worried for what it will look like when 8 billion people finally understand the concept of Bitcoin, and the community on this forum.
Is it even possible? I mean, can 8 billion people understand anything? Or agree on anything? I'm not sure about this. But if, by some miracle, that happens, the price of 1 BTC can be indeed over $1 million, as some optimists predicted years ago. Those who seemed crazy even by some members of this community will turn out to be right. To be honest, I personally can't wait for that to happen. I really do not think so at all. We are talking about a world where there are tens of millions of people all around the world who do not have access to clean water. I mean we are talking about water here, the most basic human need after breathing, and we do not even have that for many people. So to say that we are going to see all 8 billion finally going into crypto, that would be of course not possible. However, we could definitely consider the fact that we are going to end up with something much better which would be more people than today, that's all we need to have. If we have more people tomorrow than today, then that would be good for bitcoin because it means more people joined and if we have even more the next day then we are on a good trajectory. |
|
|
|
Creating a Bitcoin bank for long-term storage sounds like a secure option for those seeking peace of mind. However, the requirement of a 3-month withdrawal process and identity verification might deter some users accustomed to faster transactions and more anonymity in the crypto space.
Not sure if I will agree with you and 3 months withdrawal process is insane idea mate because this is frustrating when you own the bitcoin but need to took long before withdrawing , in gambling section we have seen so much issue about this kind that when depositing it gets only few minutes or even faster but when needs to withdraw it took them a long lol. i think I will pass in using Bank for bitcoin. Yes true, plus bitcoin is literally marketed as "be your own bank", so why would we even need something like this? The idea is saying that you could safely store your bitcoins, well I can safely store my own bitcoins in my hardware wallet as well, why would I worry about that? Cold storage is something that is common and doable in the crypto world and for some reason people end up thinking that it is going to be something that could end up being so crazy. We are not needing anything that can give us safety because we already have safety. We may prefer to not use it, like someone like me who ends up putting all their money in binnace, that is not safe, but I prefer it, but if I want safety then I can get it any time I want. |
|
|
|
I think Bitcoin ETFs will give large centralized financial institutions more control to manipulate the Bitcoin volatility. We now find that huge pension funds are also investing in Bitcoin ETFs and we know they are very trigger happy.
The slightest drop in the price, will cause them to dump Bitcoin ETFs for something else and this will have a huge ripple affect in the market.
So we might see wild volatility in the price, when those fund managers pull investments from ETFs.
I feel like we had a lot of people like that anyway, and we are ending up with basically something quite similar again, there isn't anything that could get any different aside from maybe just size of things. When it dropped just a bit, it dropped a lot, when it went up a bit, it went up a lot, it has always been like that. Volatility is something we talked about in the crypto world since the start of crypto world, it is not going to really change much, maybe it would be even more volatile but we are used to being volatile so being more doesn't really change much for us. I hope that people would see that ETF could also provide a lot more money into the market as well and that matters, we should be focusing on that part of the deal, because it is such an important part of it. |
|
|
|
Meme coins or even shitcoins are possible to be an investment but indeed that research will save us from being fooled and victim because there are lots of bad things happening in altcoin world.
Honestly, it's not worth it. For those who say they invest only small amounts in meme coins, it is much better if they keep accumulating those small amounts and then invest them cumulatively in a good cryptocurrency that will at least give them some profit in case the market goes up very high. Investing money in meme coins is like placing a bet in a gambling game where you will either win or lose but you don't know the results, and in a gambling, you have 50% chances of winning, but in a meme coin investment, you don't even have 50% surety whether it will manage to give you any profit or not because their price is completely dependent on community hype and if a coin doesn't get enough hype, its investors will lose their money just like that. |
|
|
|
Taking new projects to invest is a risk, but try to carry out research to know the type of team behind that project before investing your money, and it will surely make you to always carry out research before investing in any new projects.
Despite the risk involved in investing in new coins, many investors are eager to take their capital here because many new coins enter the market first, promoting and even offering incentives with high expected investment returns. But the offers are good pointers which help in attracting investment. Many coins you may not have a chance to check well because they are quick to launch their activities in the market and have a lot of publicity. Still, you should be careful when investing. When it comes to investing in older coins, you can do a lot of testing by looking at its past price history and even consulting with experts. So the timely decision is up to you considering proper security of your assets. They are just trying to make as much profit as they possibly could, plus not everyone is poor so some people with money do not mind putting in a few grand and just assume it's lost. I remember I had a few places ı invested like that without even caring, and a year later I remembered I had invested into it, like I totally forgot that I invested into that thing. Because it was 2021 and we all made insane returns, I made maybe ten times or more of my initial investment as a return, how many people 10x their investments normally but in crypto world it's common, so a small investment you throw to some new thing doesn't really matter to you at all. This is how you eventually get robbed by most of these new tokens that are worthless in the end. |
|
|
|
It also depends on how regulated each government is for online casinos or exchanges,
they also need to pay taxes for the services they provide, so there are no restrictions.
It is likely that exchanges do make more money than online casinos.
This is because the exchange industry is much larger and global, and they have a variety of stable sources of income.
But some of the online casinos that are quite popular are getting a steady income as well because they already have regular customers who are constantly playing as well as some new players who are starting to come in.
I do agree that exchanges are a bigger profit makers, but they also have a certain amount of saturated market, whereas in the casino world you could niche it as much as you want. In an exchange, you can't just pick a niche part of exchange and be better at that, but when you are talking about something like a casino, you could go niche of niche. For example, you want to start a sportsbook right? Well there are a million of them, but sportsbook is one part of a casino and not the whole thing, so you already picked a smaller version. So, what do you do? You go even more niche, you pick esports alone, so you become an esports betting sportsbook. There are a lot of those? Well then you just pick a game, lets say Fortnite or whatever kids are playing. So, you become a fortnight esports sportsbook. See how much niche that become? Then you can get all the people who gamble in that game. |
|
|
|
If you started thinking of what people do say about gambling I don't think that you will be able to participate in gambling any longer so I know very well that gambling have to do with understanding and if you don't know the secret of gambling you will not be able to gamble very well so that is why I do like people to think on their own and know the application of gambling and they also advantages of gambling by their selves
Totally correct, things can be very good , it is better that when we do things well we like them because we enjoy them, and to do what makes us generate happiness, and if the casino and gambling are our best option to have fun Well, we have to do it, no matter what People say, we should Always do what we like, as long as it does not hurt anyone, as long as we are Doing things well within the normal parameters, because I believe that it does not hurt anyone in fact, others should not care what we do with our own money. Actually, people mostly do care about what we do which is what I don't like but nothing can be done about that. Society will always have a judgment about what you do or what you are involved in, so if you are gambling, they will judge you based on that without trying to know or understand what your motive is behind it. So, those who gamble whether for financial gains or entertainment purposes, society see them as gamblers, and in most societies, gambling isn't considered to be a good thing because they think it is addictive and anyone involved in it is a gambling addict and they are irresponsible people. We might be gambling for fun and entertainment, but it's difficult to make others understand this, most of the time. |
|
|
|
If you could do KYC process before making a deposit, would you do it?
No, why would I want to do KYC if I am not required to do it or asked for it? I would love it if I can enjoy gambling and be able to make small deposits and withdrawals without having to provide any personal identification. Fortunately, so far, I have not manged to finish my gambling to withdraw anything. I do win but I will continue my gambling until nothing left in my bankroll. When a user wins a huge amount the real nightmare starts, the users have to complete the worst KYC process he will see in his life, so, should users be afraid of getting a Max Win?
Well, the possibility of that happening is usually not very high, so one shouldn't be worried about that, but a gambler needs to make sure they are gambling on a platform that doesn't cause a lot of trouble when it comes to matters like this. Casinos ask for KYC to avoid money laundering, but if the gambler isn't able to give the requested data then the casino keeps the money. If the casino keeps the money isn't that Money laundering?
I don't know if this can be considered money laundering or not but I know that they have the right to ask for any sort of verification and they have these things written in their terms and conditions, we just don't read them before we sign up so it's our mistake. |
|
|
|
The role of private sector in developing the economy of any country is very crucial and important as the role of government in society is for protection of life and property and creating the right environment for business to strive
All over the world it's private sector that has helped the economy of nations, private sector involvement is needed for economic stabilization as government only can't do this alone
Private individuals are encouraged to start up business for the purpose of profit making in so doing they're in turn creating wealth
Let take an example of say an individual who is interested in sports business and brings out money to setup a football team, first the person will start by employing young youths and them of the street and labour market and at least for a football team to be set up you must need at least fifty individuals from the players to the couching Crew to the backroom staff then the team that has been setup will need a stadium where they will be playing their match's so they will set up a structure in form of a stadium and this newly built stadium needs to be cleaned and and we'll taken care of so more people are to be employed again and salaries will be paid to them at the end of the month
I believe that we need a few things for a nation to keep going stronger. We do not need some communist nation stuff where everyone has no possession but everyone lives a similar life, that is not the way to go, but more like European nations, well before all of this immigration situation started at least. You just need government to put some laws in order, and then get out of the deal, that's it, you put regulations and laws and everything in there, which will make sure that nobody goes poor, and all you need to do is make sure that the laws are followed that is all you need to do. But instead, a lot of nations keep trying to take money from certain people and give it to another people, that is not how you get better, you get better when everyone lives happy without government control. |
|
|
|
Good basic thinking basically we should not spend money carelessly, we need to detect the needs that may come into our lives in the future, actually in life there will definitely come problems and many of the problems need money to solve them, therefore it is important to set aside our money to save, as an emergency fund or whatever it is, in fact when we have money every problem that comes can be easily solved or not worry about money problems when problems come into our lives.
But on the other hand, besides saving, we need to look at the gap between needs and income, if our income is not sufficient, the solution is not only to save or invest but how to increase income to cover needs so that we can have money for emergency funds and invest.
It is true that spending money carelessly is a problem, but at the same time people are keep forcing the regular people to live frugal life instead of seeing the real problem; companies becoming greedier. Do not drink starbucks every morning, do not get your avocado toast, do not buy the new iphone, do not go to a vacation you can't afford, do not get all the subscriptions, do not get ... and so forth and so forth while the rich guy just spends 10 billion to shoot himself to space, I am sorry but wtf is wrong with people that we are taking the last ounce of happiness life provides to these low to mid level income people, and not looking at the reality that corporations make tens of billions of profit while not giving their workers any proper raise? That is the real problem. Wages are way too low right now, and as long as that is not fixed, you will get poorer and poorer, eventually they will tell you that eating three times a day is bad, and you should eat twice, because that is what you will be able to afford anyway with the money these companies pay us. |
|
|
|
I did some calculations and found out that paying $6k for the human workers for the next 10 years is cheaper than paying 1M dollars for the bot to run for the same span of time. Robots are not a new thing but as we can see there are still lots of people working for a company and I think this will remain even after 10 years because maybe the company owners already know that totally replacing their workers with just robots are only going to harm the economy and add in to what I said earlier that they can't save money for it, if that was their goal.
It does not mean that workers are now totally safe from getting sacked. So they should still not be confident and better if they can continuously save up, invest, and grow their skills /knowledge as a back-up in case the bad thing occurs.
Also, it is a lot more satisfying for the human managers who are horrible human beings to make sure that they can abuse the workers, what people do not understand is that human interaction at companies usually works well when the manager is a horrible human, and they abuse their workers, sure there are some companies who are not like that, but most companies try to make you stay overtime, make you take calls even after work, make you come in sick, make you not take your vacation days if possible, and all kinds of stuff. Try to do that for a robot, if a robot is down, it's down, you can't judge a robot into working, you need to fix it, a human could come into work even if they have cancer because they fear that you will fire them, a robot could break something and won't care, it has no emotions. I am not sure if robot would be a better worker for the ego of 90%+ of the managers. |
|
|
|
so I have been stacking the past years, and to be honest, mainly focused on BTC and some ETH.
How much BTC and ETH would you think you need, in order to have a FUTURE (next years?) 1 million allocation to crypto's bluechips BTC and ETH while keeping the ratio 1:10, meaning 1 BTC and 10 ETH, 2 BTC and 20 ETH and so on
For example I think
By end of 2025 with 7 BTC and 70 ETH you will have a one million USD exposure to crypto
The topic was in February, so saying that it is possible now is easy because we are already over 650k, so 65% of the question is answered already, if he bought at that time, he would still be in super profit already, which would mean that he did the right thing if he did it. I personally believe that you could increase the rate though, like instead of 1 to 10, maybe do 1 to 20, that seems like a better and closer deal, closer to 50-50% in the portfolio I mean, but you can keep it this way as well, I do not think that it would be that weird. In the end, we are talking about something that is taking some time, so it is not going to be a rush order, we already at May, so it is a few months, I think until 2025 or so, we will definitely have a chance. |
|
|
|
Bitcoin ETF was approved officially in Hong Kong and it's trading has already kick started as Bitcoin Spot ETF https://www.nasdaq.com/articles/spot-bitcoin-etfs-commence-trading-in-hong-kong Let's dive back on the memory lane, Bitcoin spot ETF was approved by SEC in US and immediately this happens, the market plummet and thereafter we continue to experience a bull market till where we are today, could these recent bear be attributed to the bitcoin ETF approval in Hong Kong as part of the economic developments and incidence of flash news effect on bitcoin market price, we should never forget that we are still on the bull season despite all these. There is no reason to try to find some bad news, it is not working that way and it wouldn't help anyone at all. I think it's clear that we are talking about something that is not going to take any time, we should probably see it get change with time as well and we shouldn't be worried about it. I believe that the best thing to do would be just making sure that we are dealing with volatility in the market which is a common thing that happens and it is not going to end up changing much of the market neither. I get that sometimes we end up with different results, so it doesn't really make people change all that much, but as long as we trust what is going on, we will see ups as well as downs, so if we saw a down, the nit means it's time for an up. |
|
|
|
Some people are proud of the great achievements they were able to achieve in their journey of investing in bitcoin - then they tell everyone without realizing that there is a danger lurking around them. Financial privacy must be considered as a precautionary measure to minimize risks - including the risk of planned robbery.
There are some people I've met who take pride in posting their investment profits publicly on social media so that others can be proud of their achievements. But in essence, that has increased the risk because they never know who might want to do something bad to get that money from them. So it's true - it's best to keep quiet and hide unnecessary things, it's more profitable.
These people certainly do not clearly understand that announcing their investments or achievements all over the social media will not make them popular but will eventually put their investments at a higher risk. Even if they’ll say they are posting not to brag but to inspire, still their actions could lead to secret envy that will push other people to set plans to attack them. When that happens, they are the ones who are highly at fault, knowing they are the one who exposed their certain achievements or investments that should always be kept privately. The idea is the same as Warren Buffet, which they do not come even close to, but that's what they try. Warren Buffet famously buys stocks in secret, and as soon as he buys it, there are millions of dollars worth of marketing done about it, and for free as well, every single financial news outlet out there will share the news on what he bought, of course he is famous so that helps too, and everyone starts buying the same stock that he bought, everyone wants to be early investor right away as soon as they see it, which makes the stock go up, so he starts every investment in profit, there are of course exceptions to this, but that is in general what happens. Now these influencers can't make some blue chip stock go up, but they hope that maybe a few million market cap tokens could go up if they share it. |
|
|
|
here are his words: Find a sport like Hockey where teams normally just score a few and usually the first team that scores wins the game. And then find a casino that lists live matches. And then Parlay on 2-3 games. Don't go more than that or it gets riskier he emphasizes.
So what I did is apply this same strategy on Soccer as well. Remember to do this on live matches.
So when you see game 1-0 and the team that score 1 has the odds of 1.30, I guess this is a good bet already. Just add another of these live games for your multibet and hope to win. Also, make sure it's already 2nd half.
Strategies in sports betting only work with knowledge, you can't expect to apply a strategy like this without having any knowledge and understanding about the teams involved in a match because that wouldn't make any sense and you will see your strategy falling apart. What if the team that scored a goal isn't the favorite but somehow managed to score and the opponent is stronger than them and they might score two or more goals later on? So, however uses or applies such strategies on their bets need to understand that sports betting is all about knowledge and understanding of the teams and the players involved and you can't make your bets based on how many goals are scored and what is the timer at that time because we have often seen teams scoring more than 2 goals in the last few minutes of a game. |
|
|
|
I've read a lot of comments in this board stating that a user is required to undergo KYC if their account is suspected of cheating. Can anyone explain how it is necessary related to the subject? A detailed explanation would be better, but everyone's ideas are welcome, as I believe it's worth discussing so gamblers will not be misled regarding this matter, which pops up from time to time.
A gambler who is either suspected of cheating or having suspicious activities that might show he isn't behaving normally might be asked to complete KYC verification. A lot of platforms might give a lot of opportunities to their customers, but most wouldn't do that and they will ask for KYC as soon as they find something unusual. I will give you an example of what an unusual or suspicious activity might be. So a gambler signs up on a casino platform, makes a small deposit, and starts gambling. He keeps making small deposits and also withdraws small amounts sometimes, and then all of a sudden, they make a large deposit, make a very large bet on a sports event, and then manage to win that bet. Now, even though it can be a coincidence that they wanted to take a high risk on a random game, it isn't normal because they have never made a large deposit before, and when they made a large deposit after so much time, made a single bet with all the money, and won the bet. That is when the casino becomes suspicious about them and might ask for KYC verification. |
|
|
|
|
Show Posts
