~snip~
The problem with playing unverified in a gambling website is that the gambling website can use it to their advantage by locking the user out of their account if they were to ever win something big, it is a pretty prevalent issue right now. I don't think that it will be easy for a gambling addict to manage their money, they are the worst kind of people that will have money land on their hands. I was once told of a murder of someone who was a gambling addict who owed so much money that there is no way that that person could pay it. Hopefully, not only gambling will make cryptocurrency popular but also bitcoin as it is. It can be avoided by playing gambling at the recommended, trusty, and have a reputation gambling site to prevent that thing. As long as a gambler can know about that, they will be okay and will not get any problem. That will be the problem for a gambling addict to solve their issues as they must know that playing gambling can make them addicted. They should not become addicted and always take care of themselves by managing their money. The cryptocurrency gives a chance to make a gambling business grow, especially for a crypto gambling site. |
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~snip~
I agree that it is a good system but I have a hard time going on OP's side about the experiment, I find it lucky which doesn't sit well with me because I have gambled back then not relying on luck but skills so I hope you can understand why I don't like the experiment even though it resulted to something good especially the Sochaux one, that one is a risky bet. I hope that it was the case with OP knowing that he is going to win because the stats seem random at glance. Maybe if other users were to do this experiment on different football league or different sport then I might be able to believe that the system will work. That is normal because luck will only come to the right person, making many people can't win on many rounds. The result will vary for every people who use the same strategy. Perhaps, some people can win while others will lose as we don't know where the luck will come. If luck comes, people can win by using many strategies and not just the strategy from @OP. But the system is hard to work for many people as they still need luck to win the match. Perhaps, people need to experiment to see what strategy they can win, so they will know that every gambler's strategy will not be the same. |
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Op, like last time, our answer will be the same and that is 'Yes', we still gamble with btc but decreased the size of the bets because we cannot afford to lose $530 per bet while placing 0.01 btc bets any more. The size of our bets have significantly dropped and we may stop gambling with btc if it shows continuous peaks and makes a new high above $100k because 1k sats will become $1 at that time.
We don't have to use bitcoin to gamble because we have altcoins that can serve us to avoid the high fees. Yes, we drop the amount of using bitcoin because bitcoin is now at a high peak, even if the price is below $50k, but soon, the price will increase again. So we decide to use bitcoin or moving to altcoin because that is what we need to do if we want to play gambling with crypto. We don't have to confuse using bitcoin or altcoins because we should think twice about using crypto to gamble. If we just want to feel the fun thing, we can use altcoin. Otherwise, we don't have to gamble for a while. |
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No one will know. It could fly again to 200 sats or not fly and stay at a price now. Many people already profit from dogecoin at the last high price, and many people lose their money because they buy dogecoin at a high price. But many of us want to see dogecoin increase higher and back to more than 200 sat's. Everything can happen to dogecoin, but if you're going to buy back dogecoin, you need to analyze more to find if dogecoin is good enough to make a profit or you should search for the other coins. We will see it later.
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I am sure he was very happy to see bitcoin reaching $100 because, at that time, it needs to wait for some time to see bitcoin price can increase. I am sure that is almost the same as when we see bitcoin price can break $19k, $30k, $40k, and $50k. We will be happier when bitcoin can reach $100k or even $1M someday because that means we will make a lot of money. But I wonder if that guy still has some bitcoin that he kept from a long time ago because if he still had that bitcoin, I am sure he will have a big smile on his face. After all, he is making a big profit.
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~snip~
No one really knows especially the hype is so high and the presence of big institution are still there plus we add the current alt season happening this year so I think the correction will hardly enter by this year. But we can still enjoy the moment and can possibly get a good position if we buy today since there are instance that the price of bitcoin pull back so its best to have a good insight and buy it before it pump again since every movement is a good opportunity to gain. I think this day the correction comes because the price is down at the $55k level. But we do not know when the correction will stop, and the price can bounce up to the high price. It is normal to see the correction after the price reaches a high peak, but we are getting a good chance to buy back bitcoin after selling some at a high price. We never know what will happen after this, and if you think that this time is the best time to buy bitcoin again, you can place your order buy before the price start to increase. |
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~snip~
Right now that seems like the only viable option, dogecoin and other coins have very cheap fees and confirmation times that can help us to keep gambling while this bull run is happening, also one of the things that I like about dogecoin is that its value is so low that I get the impression that I am making big bets when in fact I am betting very little money, the only issue is that as we know not all casinos accept dogecoin so this can become a problem for those that gamble in casinos that do not offer this payment option. When we use Dogecoin, we will not feel that we use too big money, as the Dogecoin price is not too high compared to the other coins. Compare to Tron, Eos, or XRP, I prefer to use Dogecoin like you, and that is good if we know many gambling sites which have Dogecoin as the option to gamble. We can prevent the high fees and long time confirmations by using Dogecoin. And with the increases in the cryptocurrency price and popularity, we should be wise to select the coin for gamble because I don't think that we want to lose much money. |
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4 years is not a short time, and Yolodice becomes one of the gambling sites with a good reputation. I am proud to become one of this family.
Thank you, Ethan. I know you will come back again with a fresh idea.
Thank you, Moglie, for being a good manager for us.
Thank you to all of you guys who being part of this big family.
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Kudos Pmalek! It was so amusing to read your OP and the main specs of your experiment, which it looks to have been quite profitable too. I think I had similar ideas in the past but as for many things in my life I lack consistency  Now in my spare time I'll check to see if some teams like the one youìve picked can be found and start something similar. After all, we are talking $3 to start with. It might be profitable for OP, I read the stats and I agree it is quiet good of a system, the only problem that I see is the increase in betting increment each time the team loses a match which could be dangerous for any inexperienced bettors. I have to say that it is a good experiment but nothing beats the analysis of a team before betting on or against them. I think an inexperienced gambler doesn't have to follow what the @OP did, especially if they don't know much about the team. It is good to experiment like @OP did, and I think we can make our experiment that will be different from the @OP. Perhaps, @OP has the confidence to win in the next match, so he increases the bet amount. I think he already calculates everything so that he can decide like that. I am sure @OP has experience in that, and he can think much before decide, and he knows how to manage the risk. |
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Thats how crypto been widely used. As bitcoin and other altcoins has been made not only for crypto payments, blockchain purposes but also can be used for gambling/gaming purposes.
Also, crypto gambling websites tend to reach some players even on their homes by betting on sports, playing some casino slots and other games thru crypto coins. This innovative offers frictionless gaming for players. Not only that but it can also promotes great use and purpose for cryptocurrency.
More people want privacy when they are gambling so they use cryptocurrency to gamble because there is no money trail that is going to affect their personal life if they are trying to hide their gambling addiction or habits. The way I see it, gambling reaches the people at home through advertisements from the sports that have been sponsored by this gambling websites. Besides want privacy, people want to use different currencies besides using fiat money. They can still use fiat for something in their real life while using crypto to gamble. If they can manage how they use their money, they will not have a problem with using fiat and crypto for their life. But the privacy will be one thing that they concern about because by using crypto, they don't have to verify their account to just playing gambling. The Crypto gambling business will grow because of the use of crypto, making cryptocurrency popular. |
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BTC price goes up and up ever since we had last correction at 42K. now we are at 57.4 K and climbing which is very very good. some people even expect no correction until 80-100K. if we move like that we may see price over 100K as soon as 2-3 months. what do you think?
If you ask about when the correction comes, I am afraid that no one will know for sure. We can only guess that it will happen in the next days, weeks, or months after we draw a line based on the market's current situations. But that can't be a sign to see when the correction comes because the correction will difficult to predict. But we can guess that every time the price is down, that will be the correction for the price before it can have a chance to increase back to the higher price. We don't know if the price can increase to $80k-$100k and then the correction will come, but if that is the prediction, I will be happy to wait for that because I can try to make as much profit as I can and then prepare to buy bitcoin at a low price. |
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You can sell your bitcoin now or later, with the current price or lower or even higher price. Every time you need to sell your bitcoin, you can just sell it. I think people who have a lot of bitcoin will have their plan when to sell their bitcoin. In most countries, we still use fiat money, and if we have many bitcoin and the price is very expensive, you can sell your bitcoin to cover your expenses. Otherwise, you can sell some satoshi and hold the other fraction of bitcoin that you will sell on the other days. It is about the personal decision when they want to sell bitcoin, and they will not tell when they should sell bitcoin. But mostly, we sell bitcoin when we need fiat money to cover our daily needs.
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Some of the whales are active watching the market, but the others are busy counting their profit. I don't think that all of the major holders of bitcoin will sell all of their bitcoin because they want to make a bigger profit than now. They will sell some amount just to increase their fiat money and buy more bitcoin if the price is down. The holders will hold their bitcoin because they are real holders that can do that for a long time, but we don't know about their plan with their bitcoin. But if that happens, the price will drop too deep, and the other people will use that time to buy more bitcoin at a discount, and that can be a big discount happen in the market. |
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for me, you should also familiarise yourself with other teams, not only your favourite one.
This is exactly what some of the gamblers have neglected when they bet on games. Knowing both teams that are playing makes you realistic, unfortunately some of us are bias, we only look at our own team and believe that we will easily win, and that's the reason why most of us loses in sports betting because of that kind of thinking. When you gamble in sports, you have to sacrifice emotions, love and faith from the team you support from heart and the player you admire. The ideal athlete you admire has their own flaws, and you have to accept it even if it goes against your heart, because if emotions are considered then one can never win in sports gambling as one won't be able to make a good calculation and prediction. It is not easy to sacrifice emotions because when our team can't serve their best performance, we feel sad and disappointed. But that is what happens in sports because not every time our team or players can have full stamina in every match, so we need to be ready for that. But I am sure that we can select the other team or player to place a bet, and that team can have a big percentage to win. In sports betting, many things can happen because that is how the team or player can play with their best performance. |
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I fully agree with you. That is why we shouldn't change our strategy only because we lost once or twice. In my opinion to fully test a strategy we need more approaches and try over a longer period. Luck plays definitely a big role in gambling that is why need to fully test our strategies before switching again. If we lose it might be because we were unlucky a few rounds. But we should also keep an eye on our winnings. It might be the case that we are just running hot and not only because of our strategy.
I won't try to test the strategy because we need to spend a longer period to know if that strategy will work for us. We will not know how much money we should use for testing that strategy as the strategy itself needs to adjust from time to time. We can lose more money if we can't find the right strategy, so it will be better to know about limiting the money to be used to play gambling. same strategy i use every time. its the luck still that will manage you to profit. when TRX was just a cent, i just prefer 20480 TRX enough to experience 10 losing streaks on the first try. martingale sometimes fails and sometimes gives good rewards. 20TRX for the first bet and then 40TRX and then 80TRX...
if i experience loss at first, i wait for another user's bet to appear on the list of all bets before rolling again. i don't know why I'm doing it but it feels like it resets my luck. but not really sometimes i win sometimes not.
Yes, it is. We must prevent the big loss before the amount is gone quickly without we realize. I used Dogecoin at that time, and with 10k Dogecoin is more than enough for me to play for some time and never trying to recover my loss because that will not be easy for me. We all getting lost in the gambling games, but it is how we can prevent more losses and stop at the right time before the losing ruins us. Strategy will work only for a while so you have no assurance that it will work the next roll of your dice. Let us just accept that game like dice is really a luck-based game which, you can never be sure to get out with your winnings. Games like this, I treat my money on this as a loss but will give me enjoyment during my game. I just enjoy and not expect to win anything. At least, I am relax playing this game.
Fortunately, I don't depend on the strategy as I know that playing gambling will be a fun way for me to enjoy my free time. Once I tried to use my friend's strategy, that did not work for me, so I decided not to use a strategy anymore and only enjoyed playing the gambling games. |
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This is a just a TV show it's scripted, if the team has no talent even if you give them the best encouraging words that they've heard in their life, they are not going to turn into a champion team, talent is mold for many years and it's not only words, all the team has high morale while playing but talented and team effort wins the game.
You may be right here but I have seen some underdog teams changing the games after intervals during half time. Don't you think that they were motivated enough that they get great energy out of it and if every single player decides to play for the team instead of looking for their personal benefits, that energy works as a teamforce and makes that underdog team win? Sometimes we see their player change during half-time after breaks. The coaches should know how to use the team's power because that is what they need to win or beat the opponent. When every player knows that they are in one team and needs to unify energy to play better than the last, they will realize that it is their team and need to play for the team. If a gambler knows how to analyze this, he can have a chance to select the better team which matches in that game. It is not just how we can analyze the team, the players, but we can also look at the other things that can be as additional information to us to select the right team. |
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how do they know?
They don't know. They just speculate and predict what might happen to bitcoin if the price can break by $50k. It is happening now because bitcoin prices already break $55k, and the highest price of bitcoin is at $56,600, according to Binance. So bitcoin price is closer to $60k, which the price can reach in the next day or this day if the bullish trend still stays in the market. But what we need to be careful about is the next thing that will come to bitcoin after the price reaches the highest price because the price will make a correction, and we will not know when that happens to the market. |
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When I can buy bitcoin when the price is $100, I will sell it right now for 1-2 bitcoin and still hold the rest of the next high price. Even if bitcoin is stuck at the $40k-$70k, I will still hold it and not sell because that is not my next target price to sell.
I am sure with just selling 2 bitcoin now, I can turn the money using trading, so I will have a chance to profit. I am sure the price will make a correction after it reaches the highest price. If this price is the highest, the price will adjust to the lower price, increasing more.
We should know when we should sell bitcoin (if you want to make money) and use some money to trade to earn more profit.
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You are right. It is better to learn about trading from someone who has knowledge and information to learn to analyze to find the coin that we can buy. By learning many lessons about trading, which will grow our trading skills, we will have a better chance to analyze, and we can get one or more coins to trade or to use as our investment. You can't follow someone's journey, but you can learn from him to get more knowledge about trading to give benefits to you.
If someone suggests you buy a coin, you need to analyze more about that coin to know why you need to buy that coin. What we do will not always work for us because you will get an experience that will not work as your plan.
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Does it mean that when choosing what to bet on, we lack some essential information required to make this decision?
It can be said like that, but if that information is mentioned I think the bettor is not only focused on that but other things, for example the favorite team and also the trend that the club is experiencing, this is often my reference in choosing bets in football ( since this a sports I often to bet). An experienced bettor will know what he needs, and if he thinks that he needs more information from which is mentioned, he will know where he can get it because he already has a source he used before. It will not be a problem for him because he can get something that the other bettor doesn't know, so he can bet after analyzing each team. That bettor will not just select his favorite team before he can collect much information about the match and trying to analyze better to find which team has the potential to win. |
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