I agree, it is dumb for a casino not to KYC a player before they sign up, because they could deposit their own money/receive a tip, and try to withdraw but that money is just gone. Makes me think some casinos are thieves, such as roobet. Happened to me, but I ended up just KYCing, but for people who don’t have it available, they just have frozen money.
Really disappointing but these days, we have to prepare for that as they will be able to ask you KYC anytime. That is why it is better to choose a legit and reputable site so if they ask for that we don't bother and worry about complying with it knowing that they will keep it and not use it for other purposes. Nowadays, it is an urge by the government as well for casinos to do that in order to avoid fraud and other illegal transactions, we have to admit that it was a drill for them otherwise, the government will stop their operation. We have to admit that our privacy is soon to be over, we can't hide anymore. Indeed. Regulated casinos will sooner or later ask their customers to verify their identity to continue playing or to be able to withdraw, and this is not new anymore. So expect such thing will happen if you're playing in centralized casinos. Therefore, much better to KYC first before making your first deposit to make sure you're already verified because who knows you might end up winning a decent amount. But be sure you are dealing with a reputable casinos. Anyway, it is still our choice if we don't want to submit our private information because we are free to look for alternative. Casinos need deposits for them to continue to run. Any casino where withdrawal exceeds deposits, it means winding up. So, you hardly see any casino that rejects deposits for any reason. They will gladly accept the money, by then you will be willing to abide by any instructions in order to have the money back. This is why it is also advisable to first complete KYC before you make deposit. Sometimes, people procrastinates KYC untill they are caught in the web. However, we know that there are also bad players among casinos who are there to still at any given opportunity. Would really be that impossible that casinos wont really be making those bet limitations on which they would really be needing to consider out such thing because the risks that they could only have is into those people who are really that extremely lucky on which it would be able to bring out that devastation into the bankroll on which it might lead into bankruptcy and this is something that it would really be just that normal that they would be setting out those limitations to avoid that. Any sites that cant be able to pay up those winnings specially into those gamblers who do able to make some big hits then it would really be considered to be a scam. This is why whenever we do make out some dealings then it would really be that wise that you should really be having those considerations on checking it out whether you are dealing with a legit and known site and not some scammy ones. |
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Hi guys, The correction we saw in the market earlier this week led to a lot of liquidations. Were you or anybody you know involved in a losing trade that day? If so, would you mind sharing some details about it? Thanks, Martin
What details are you actually trying to find? How they do lost up those trades? How much they have lost? Usually these liquidation reports would really be just be seen on some news or notifications on which this is usually be posted up specially into those crypto related news site. Is this something new? No its not but rather it is really just that a normal thing which liquidations of those positions whether long or short could happen.Why? This market is unpredictable and with some unexpected events like black swans and regulation issues would really make out those sudden shifts on which it would really be messing up someones positions even no matter how good it is. We can call it a market if we do speak about these movements on which there would really be corrections on which you should expect that these are the primary things on which you would really be able to encounter once you would really be able to touch up this space. |
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This is why we will see KYC made mandatory in the future for crypto casino.
Any licensed centralized financial service will eventually implement KYC because it is required by the authority to have their service continue operating. There is nothing a company can do but to follow the authority rules and regulations. If KYC is done for security then everyone should follow the procedures on the casino site without exception, even though there are many pros and cons in some parties, at least I support KYC rather than rejecting it, because it can help the casino site to continue operating smoothly. safe without any demands from the authorities putting pressure on it and at least the company can run safely if all procedures have been carried out according to the SOPs provided by the authorities. The main reason why on crypto gambling industry had boomed that much because it do really totally opposes that KYC thing but since these places or companies are really that could be regulated then government wouldnt really be just letting it slide.They would really be that bound on being regulated considering that they are really that tending out to generate those influx of funds ingoing and outgoing. Somewhat there are still platforms which are still not regulated or doesnt have license but we cant really deny that when it comes on bringing up some confidence and trust then people would be most likely looking for this one. Going back into the situation on what OP had pointed out for someone who do have plans on staking up his funds just to have that kind of self exclusion thing then it wont really be that a bad idea as long you do make yourself that wary about fighting that possible addiction then it would really be that a good initiative. |
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and also with their sincerity then success will come to this project and also for others that will be Open minded that gambling is not just as simple as they think and Gamblers should not be blamed completely because no one wanted to be addicted and the obligation here is to help them out and theres no need of blaming as this is really a serious problem as the world facing addiction problem.a friend of mine also faced this problem but lucky that he is now sober and yeah a gambling free human. That too, sincere help is better than a forced one because you know that the person cares about you. Open mindedness is a mindset that needs to be learned early on in life because being open minded is difficult when you're an adult with an established belief. The victim blaming part is a difficult one because when you listen to the argument of these people that do this, they always sound so logical and reasonable but the problem is that victim blaming invalidates their horrific experience into a lesson that will soon be forgotten after listening to it, I hope that more and more people learn not to do that kind of thing against people that are a victim of addiction and many other horrifying experiences out there. Good for your friend to be able to stop gambling and live a life free of that vice. We can only lecture peeps surrounding us but we cant make them act on it. If it was that easy then everyone would have gotten motivated with motivating speeches and podcasts but they dont. In reality motivation remains valid for only momentarily timeline. Once that person is out of that zone they no longer act on it. This requires restructuring of the lifestyle by going for another motivational therapy. That sucks. Whenever it comes to gambling, only one thing can help them stay away from the addiction and thats: “discipline”. Mark this word, it can help get out of the addiction problem real quick with streamlined gambling. This discipline could be as easy as following timelines, making routine checks on accounting, giving away games when losing and much more realistic checks in the list. So yeah, better follow a discipline rather than hoping a help from someone else. Self control would really be that different on each person when we do speak about levels and its true that discipline would be the key but eventually most people do fail on doing so. Why? because they cant really just removed out gambling into their minds and doesnt realize on whats actually doing it into his/her life considering that he has been addicted into it. You wont really be putting up on so much trouble if you are really just that sensible on the things that you are doing. People would really be just having those realizations when it already too late or the damage has been done already and this is why you should be thinking up fast before that happens. |
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I hope people remember what happened in December 2017 as last quarter of 2017 we witnessed bull run and during second half of December we saw price of Bitcoin dropping down and eventually triggered bearish market for next 3 years approximately and we are going through similar stuff but this is not a full fledged bull run but still we have seen crazy pumps for some Altcoin and even Bitcoin has increased. Are we going to witness price correction or bear market now ? Or else this time it's gonna be different and Bitcoin will reach new ATH and we won't see any bearish pattern in December ?
The market will definitely be different this time from 2017. Now we have passed 7 years for that time, people's perception about Bitcoin has changed. At that time the price of Bitcoin was low and the number of investors decreased. Currently, the price of Bitcoin has increased and the number of investors has also increased to a large extent. In addition to ordinary investors, institutional investors also showed their positive attitude towards Bitcoin. Next year 2024 Bitcoin is going to show the highest ATH ever. Potential ETF approval and Bitcoin halving could lead to big changes in Bitcoin prices next year. Although it cannot be said for sure about ETF but Halving will definitely play an important role that will differentiate it from all previous trends. Expect always the unexpected on which there's no assurance that past events would really be happening in the future. This is why you should really be that mindful and be wise on every actions that you are making. We would see a repeat of 2017 or not? Doesnt matter much and there's no way on knowing on what would be the future looks like.Thing here is that you should really know on what you are doing. Making up wise decisions basing up into your own experience towards the market. We do know that adoption rate and recognition is really that increasing then we can assume out that the numbers might really be that different wayback into those previous years. New trend and new prices would be most likely would be seen and this is something inevitable i should say. This is why it would really be that wise or good to bag up into those coins on which you do see that it does have that chance on rising up its value on upcoming years to come. |
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Interesting name op! I like the theme of the site even though it's basic. Your ANN presentation is decent too. However, the requirement to signup just to check the FAQ and T&C is weird and needs to be removed asap.
What is the house edge of your game btw? All the best with your project op!
This should be based on your own research since every site have their own pros and cons. I see the site interesting and its very simple and straight forward. Have to read the terms and conditions first before trying the site. I suggest to be more active here when it comes to promotions especially if you want to stay longer and be on top as well. ' You should really be that active and really be having that aggressive approach when it comes to promotions because if you dont then dont expect that you would really be able to get some marketshare. If we do tend to look around then competiton is really high in between platforms or companies, for us users or gamblers then having more casino platforms would really be that great since we could really have options to take. Welcome 8ombard.com! You should really be that hearing up on what people been saying on here because if you wont really be taking up some advises then you are really that having that chance on getting recognized into this forum or market itself. This is why it would really be ideal on doing such so. |
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Holding crypto isn't for everyone either. Back when I was still new to all the crypto stuff I would be pretty smoked seeing my crypto go down like seriously?
I wanted to try trading crypto but couldn't do so without these insane ass fees.
Trading becomes easy when one follows the right paths and everything becomes winning, though there are some trades triggered that doesn't results in profits. Trading is not everyone as presumed, it will take quite long time before a newbie can successfully start earning from the system. Everything needs time and there's definitely those set of people that doesn't have an idea about the system but they do force themselves to learn and at the end of the day, some are profitable while some doesn't stand a chance to gain any solidable profits rather they beckon on losses. I have been involved in trading for a long time and I still find trading very difficult. I have long time trading skills and in this long time I have made good profit from trading and I have lost quite a lot of money but still when I want to start trading new coins I find trading really difficult. People who trade by sight or who are more interested in trading by watching other people's profits find trading very easy. The more a person knows about trading, the more he feels that there is more to know about trading and trading is not so easy to know. Most of the new traders are seen trading only considering the volatility of the market but it doesn't actually fall under any rules of trading but we have to research the market with a clear understanding of the market and we have to accept trading only then we can achieve some success by trading. There are really things on this world which isnt really meant for us or something that we could really be able to learn up no matter on how hard we do and this is why it would really be that better that you should stop but well, we do have those words and sayings that try and try until you do succeed on which it is really right but there are really things in life on which you would really be needing up to give up something for the better or for good specially if you do see that it is really that affecting you financially then it would really be just that wise that you should really be stopping it rather than it would completely mess you up in terms of finances. If you do see that there's still some chance or progress that you are seeing then it wont really be that bad to go further. It would really be just that depending on a certain individual on how he would really be handling up himself into such scenarios or conditions because not all would really be having that dedication and seriousness on dealing up with something specially on things that involves capital or funds which not all would really be able to take up such risks. |
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You might have considered posting this on their Ann thread here https://bitcointalk.org/index.php?topic=5326640.0 so someone from their team might be able to reply you.  From the image above, it's clearly stated that users from Italy and the rest above mentioned countries aren't allowed to use their services. So it might have been a fault from your friends end since he is an Italian. This shows why it is very necessary to read the Toc of and service before using them. People would really be only having some time on reading back that terms and conditions on the time that they would really be experiencing some problems or issues on which they didnt really do such thing on the time that they would really be deciding on making up some deposit until these things do happen which it is really that a very disappointing situation or really do sucks but the main issue here is that you had missed out on reading up their terms on which it is really just that normal for a platform to take up actions accordingly basing up into those terms on which it is really just that normal. No matter what arguments or decisions that you would be making but still you wont really be having a fight considering that you had violated something. This is why it would be better to move on and dont make out argument on something which you cant really be able to win. It is our mistake so its better to move on and consider those funds to be lost already. |
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Battery technology will continue to develop, in over a decade the gains will be quite substantial especially if you consider the potential market unfolding. The whole growth sector is an attractive prospect to develop for.
The reality however will be even if new cars are not to be petrol or diesel we will still just reuse the older vehicles until decades have passed, the signal this will occur is possibly from trucks already starting to do this. Its far better to buy an older second hand truck then try to make the newer ones work perfectly for a higher cost.
Eventually the technology will overwhelm the older designs but I think we are talking decades for all sizes of motors from motorcycles to giant truck and trains, it is a long term transitional movement.
Nothing could be perfect in an instant on which development and further enhancement would really be definitely along the way on which it would really be just that normal that there would really be flaws about with this EV trend on which i dont see for it to be a bad thing if ever we do have that switch up but just like on what most people been saying on here is that i do really believe on the same thing on which there would really be disadvantages too. When it comes to efficiency and no emission thing then hands down to that. People would really be that too mindful about when it comes to maintainance thing on which it wont really come cheap for sure. This is why i dont really believe that in 10+ years time on which these ICE cars would really that cease to exist. Why wont really be just saying that better have both with these things? Fir sure petrol companies wont really be letting these things to happen. |
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Correct Roobet seems to lessen their way of advertising here in Bitcointalk and not planning
to add more anytime in the future as even their Signature campaigns are now running with 10 members from 60 regular members
It's pretty common for most casino after some years of launching themselves here. If you remember the likes of Cloudbet, Bustadice,Bitsler etc, they used to have lots of promotions here back in the day but as time passed their activity reduced in the forum. Now I am not saying every casino follows the same path but sometimes these things happen. As for the Roobet Casino in particular, I believe that reducing the number of participants in the signature campaign is not evidence of a lack of casino activity, because that would have led to strengthening its advertising campaigns on the forum and not reducing them. They still have multiple campaigns here in the forum, the signature and of course the art contest every Month. They reduced the number of participants for a purpose and they’ve been here in the market for years and maybe they already meet their target market and population, that’s while reducing the cost is also part of it so they can use the funds into other things. Marketing campaign is very important, and so far Roobet is practicing their best to maintain the quality. I agree with you that managing signature campaigns in particular is very expensive, and Roobet in particular spends a huge budget every week for more than three years. This budget may have become expensive for Roobet, which forced it in the first stage to reduce the number of participants to only 30 members and then limit itself to only 10 members after that. Do not forget that the signature campaign requires participants to submit 15 minimum publications that require payment. If they had made out such changes then it would be understandable that they are already making some cost-cutting when it comes to marketing but actually we dont really know about the reason on such changes whether they had just dropped out the number of applications because they arent really that needing that much or they are really that having that cost cutting. Well, its their company so they've do have the rights on how they would really be handling out to their business. We cant really be able to conclude that their revenue becomes less but i wont really be shocked if ever it is happening consicering that competition gets really high and tough then its not something that would be shocking imho. Important thing that despite of the cut-off, they are really that still having that exposure into this forum on which they are still that getting in line with those current existing ones on which this is really that still just fine. |
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I don't mean to offend but if you use btc, transaction fees of 10$ and below should not be a problem for you, if you have above 0.5 btc I think paying 5-10$ of 19k$ is not too excessive. but if you still want to use it, you have to pay attention to safety.
I wonder why people make a big deal out of small things when you are on to big things.
When you have big money, I’m sure you’ll not talk about the fees anymore but of course we are talking here in general and we cannot blame them to rant because of the fees because its true after all. A higher fees affects the small time DCA investors and that includes me. My strategy is that, i save money first then if its already within my minimum target deposit then that is the time I will buy, though I do DCA with stablecoins during that time and will just trade if its the right time already. Not all would really be having that deep purse on which it would really be just that normal that they would really be making out those kind of reactions basing up on the current fee that we do have now on Bitcoin. As of this writing it is almost reaching $40 on which this is the highest fee that i have seen on Bitcoin network on which it is almost that getting in line with ETH transactions fees on which it is really that absurd on making transactions as of this moment as fees would really hurt you so much.
The network never always remains congested and high cost, it varies from time to time, currently, the network cost jumps are due to the BRC-20 ordinals, and I've encountered many people strongly opposing their existence on the network may be shortly a BIP will fix this network over-loading shit.
Yes, ive been able to hear out this shit on which that shitty brc20 do really make out this spam in the network specially on bitcoin on which it do really sucks that it is really that becoming too often on having this kind of spam.For those who are just having that small amounts then it would really be that a pain on making transactions. |
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let us put it this way, in every business, they have their own risks that they are battling with. we can't say there's none because if that's the case, then there's a particular business that everyone would go to because there's no risk involved.
You are pertaining to user risk on using the business platform and not the business risk itself because the user quoted example is a risk by user when use the platform. Exchange has less risk for their business because they are just facilitating the trading platform and gains fees on all transactions happening inside while Casino is literally battling against players money in able to profit using games with their advantage. Business have different purposes that’s why the risk involved varies because exchange is designed for financial tool purposes while casino is for entertainment purposes only. If we do speak on investors or business owners perspective then of course there's really a risk on dealing up such business but i do see that exchangers do really make money with those fees that they are getting. The risks that i could see rather would really be pertaining into the risk on getting hacked and some regulatory issues instead, as for gambling site then those fellas who are lucky guys would be their pain in the ass kind of thing for them. They wouldnt really be liking to see those people who are lucky because it would really be affecting out their revenue but we do know that house do always win at the end. There's no way that we could be able to go against with it. Thing here is that if you do deal up with something then you should really be that responsible and be mindful on the actions that you are making. You cant just that make yourself that deal up without knowing about those probabilities. |
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Apparently there are more means to earn a living now than we had a decade ago.
One thing about making money now is based on the services you render and the variety of persons of which you offer them to.
Saying that one actually outweighs the other is you having to consider the market at which these products, goods or service is been given a final landing.
Now, if we are to look at the Forbes list, you could find a lot of persons that don’t seem to work online or offer lots of products online but, they are making a lot of money. Just as much, you would find those who are getting these money by offering some services online and those who does both.
While the physical means to transacting might limit your market size and is subject to a lot of barriers, the online aspect to production and services have got a wider range and also some limitations of its own.
I think the both does just fine but then, have challenges that once you can overcome, you’ll do okay.
The growth of the internet had made it more possible. Unfortunately, it had a side effect and that is ; many people have also lost their job. The numbers could grow the more the technology advanced. More wealthy people are offline workers, that is because the internet isn't a thing yet before. And these people are already making a lot of money. They only spend it wisely and grow it more. It may still take time for those who mostly rely on making money online to catch up on their rank. In the offline world, we have a limited payment method but online has more. The addition of BTC and other cryptocurrencies can help us reach more people because they have less to no restrictions. Changes and innovation is something and inevitable thing that could really happen into our lives and this is where it would really be depending on a certain individual on which on where he would really be able to utilize up his skill and knowledge whether offline or online. We do share up on the same motives in life on which we do really need up to earn for us to survive, doesnt matter which one you are dealing with and as long you are making money then this what count the most because people would really be normally sticking into things on which they do know that it could really make themselves be able to survive and able to make money but we know that both could actually do both things if they are really just that knowledgeable on how to divide up their time or simply speaking about good time management on which you could actually do both things. |
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Since I am from Indonesia and this video is actually in my "For your page" on TikTok this is educational and funny as well  But I don't know if this gonna be effective or not since in my village there are still plenty of people doing slot even tho they lose there is one person who got fired because addicted to slot. But to be honest, the slot is fun all we need is a budget for playing that.  Everything is fun as long as it's within the limits and isn't done excessively. When it comes to slots, there is no doubt that slots are the most favourite games of gamblers around the world, and the fact that slot machines are liked by the masses is because they are fun when one is involved and you barely realize how much money you've already lost when you are playing, which is the reason why people say that slot machines are games that suck your bankroll up in no time. People who gamble for fun and with a fixed budget can enjoy slots without any worries because when they start playing, they already know that the amount they are using is what they can afford to lose, so even if they lose it all, they won't have to worry about it as they will have their budget reset after a certain period. One of the aspects that make gamblers to lose more money than what they had budgeted for the night is a sense of unfairness when they have played for a long period of time and then as soon as they get up another gambler gets to win on that slot machine. So the next time they are gambling on slots and they have run out of money they cannot help to think that if they gambled a little bit more they could recover the money they have lost, which is why it is very common to find disputes among gamblers when it comes to the rights to a particular slot machine, disputes that sometimes even escalate to a fist fight. if could a gambler gamble with fun then he/she used his/her extra money and we can say that they don't need to worry about if they will loss or they will win cause like what said above all they need is to enjoy they don't need to worry cause the money they used us those money that they can afford to loss and this must be in our mind that everytime we play in gambling it's better to use an extra money to prevent big losses . The fact that it is advised that gamblers only use money they can afford to lose to gamble does not necessarily mean that gamblers should care less about winning, I mean, what exactly is the essence of gambling? Its majorly to have fun right? Yeah, then what brings about good fun in gambling? It's the winnings. This I believe is something Ive said here severally, gambling and never ever winning is one of the ways to really get bored, the real fun in gambling is when we have to win from time to time, not necessary to win every single game we play, but then, a win is always a win. So, for the fact that we should gamble for fun does not mean we should care less about winning, I better still quit gambling if I have to lose every game I play, as well as lose money. Gambling should really be just that for fun and this is something an approach on which you would really be needing up to have in mind and if you dont really like for yourself to have that kind of messing up your life with then you should really be that careful on dealing with it or else then you would basically be ended up on a disaster. Gambling isnt really that bad as long you do make yourself that responsible. Majority of people would really be that too impulsive when it comes on dealing up with gambling on which they would really be mainly thinking that making money would really be easy as pie. WIthout even trying out to realize that risks involved is really that high on which it do really comes into a point that it could really mess up your financial status. PArades such as this would really be that somewhat make peoples eyes open and make some realizations even if you arent that a gambler then it would really be that so easy to understand about those kind of probabilities on which it could really possible happen into you. Some might avoid but there would be people who would be curious and might be testing it out later on. |
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* Good debt: this is the type of debt that will make a person rich. Or else you will also earn money because, instead of using it for your needs, you will use it to build an asset. Which, if you handle it properly, can give you extra income.
Basing up on your post above ^^^
This is what im trying to achieve again considering that i had made out some bad decisions in the past on which i've taken up some loan but all of those amounts been used into such waste
like buying up something which isnt useful or not really considering on building some business but rather i did purchase a car. Sooner or later you would really be able to realize
that the decisions you had made is really that completely wrong.
Now that im trying to recover out on which its never been simple but it isnt really that impossible if you are really just that eager on doing things on which
you are really serious on trying out to achieve.
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How to recover my deposit funds please help? still they not giving me back my deposits.
You can consider it as loss since this casino has worst reputation here due to multiple unresolved cases like your but still they are updating their thread since scam is not moderated on the forum. You can refer to their trust feedback when you click the trust of their official account. Sorry for your loss! You should consider doing background check next time before you deposit your money on casino. Wait please... Is 1xbit still updating their thread in this forum? I haven't seen any profile relating to 1xbit in the forum after they ended their campaign. Silly me, I have thought that since they stopped promoting here, it means that their domain is no longer active.
I am even surprised that people still fall victim to 1xbit. The people that fall this victim are newbies. I am curious, did they actually fall victim in the forum or they were scammed outside the forum and they started searching how to recover their money and then gets redirected here? Yes, they are really that still active and running even if we havent seen that they've been active into this forum anymore but they are really doing their marketing outside of this place on which its not a shocker. Stopping out their marketing or activity into this forum doesnt mean that they have completely sopped their operation. We do know that not all people are really that aware on this forum existence on which for those who are really just that new will definitely be losing up their money just because they had deposited into the wrong place. It isnt really just that costing you an arm and leg on making out some searches on something. Sometimes people are really just that lazy on making some good searches. They would really be making up some research when the damage had already been done and not on after that on which it is really just that sad. |
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Would this be a sign that it would replace those kind of trading signals? What an amazing prediction by the AI bot here. I’m pretty curious how the boat analyse this and what are the parameters that were given to it to arrive to this conclusion because it’s somehow accurate with what’s happening now. Maybe we could recreate it or improve more our skills when it comes to trading or such.
Is not yet the end of 2023 and with the price looking as if is not yet to go make a move should be a sign to show that it might get past $45k and AI can be 100% wrong if care isn't taken, which I believe so. Although the market price is some how having it rough in making a positive move and in the last 48hrs if not more you'd agree with me that we have been seeing a drastic drop in price, just hope this week can start up something positive. Although bitcoin never touched or surpassed $45k this year, there was a time when bitcoin crossed $44k. So the fact that the AI made a prediction of 45k USD, a quite accurate number and can be considered an unexpected success, you cannot ask it to predict accurately to every detail, to every number. No one can make such relative predictions, including self-proclaimed experts or professional traders. I'm curious what your prediction is for bitcoin later this year when you say AI is making wrong predictions about bitcoin price? I've never believed in AI predictions before, but this time I was really surprised with its almost accurate prediction. I think everyone here also see that $45k is possible, and as you have said, we almost touch it due to the bitcoin spot ETF news in the first 2 weeks of this month. So it's almost as accurate as what the AI has predicted. But as I have said, many members too have that number in their mind, and so we might say that it's impressive prediction by AI, but the human touch is still there that's why more individual here who are more of a TA guy predicted it. So still though, I think we shouldn't take out the equation that those who have learn and knowledge on TA can also prediction similar to what AI can do. We've been able to hit up that 45k but we did really have a rejection or shall we called correction on which it is really just that normal on having that kind of approach on which there's no such thing about having those continous pumps like forever. You should really always anticipated that there would really be a dump because this is how market behaves or works on which it is really just that normal because people that have been able to buy lower price would really be having that profit taking thing on which it is really that something to be typical step to be done. Plus we do have those market sentiments that do play out around neither positive or negative then it do really make out some effect into the market on which it is really just that something that we should really be that get prepared or else you would really be finding yourself to be that impulsive. Sooner or later, we would really be breaking out that resistance on which we do know that we are fast approaching on halving event on which it would really be just that normal that we would really be having those common inputs and insights about next bull run thing. |
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You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?
Bitcoin brokers, aka Bitcoin exchanges are carrying a huge responsibility over their funds because once your bitcoins are gone, they are gone forever and you can't fix that. From one side, it looks like they make money out of thin air by taking a fee from each of your trade and that's true, they charge a lot but at the same time if we keep in mind the leverage trading, crypto exchanges risk here too since they are the liquidity providers. If many people open a long position on futures with high leverage and profit, exchange has to pay for their winnings. If we are talking about exchanges, who really works with market - they has no risk with leverage. If the trade loses - they close his position. If the trader wins - they don`t pay their own money - they get it from the market. But if some exchange make fake deals with their own money - you are right and they can lose all their money. But mostly in such situation we here that this exchange is "bankrupt" or, if we are talking about cryptocurrency exchanges - "the hackers steal the money". Do you remember Terra Luna collapse? Exchanges hold some reserves of every listed coin. These coins were very popular and exchanges lost millions of dollars after its collapse. So, this is not a zero risk business. Let's talk about leverage too. If trader loses, they close their position as you said it well, that's really risk-free but when trader wins, exchanges have to pay their own money as far as I know because not every trading pair has 3rd party liquidity provider. To many reputable exchange and other top coins in the market turn into scam so we cannot conclude anything about those reputable platform or coins since none of them have zero risk since they can compromise anyone if they encounter troubles since to many people experience that and we also see a lot of claims regarding how much money they lose from scamming incident happened in that scenarios. So we should not close anything here that some of them good and some may not since its the same we have high chance to lose our fund especially if we are not careful enough to get some updates about them and also for letting our hard earned funds in their control so we make sure if we want to avoid the risk is to store our funds beyond our control and just transact with them when we need it. This is why you should really be that making yourself that aware about those potential risks. Always put up into your mind that not your keys then its not your coins on this kind of principle on which it would really be always reminding you that you shouldnt really be storing up your assets into those platforms because anytime it could really be experiencing those issues which it would really be leading up into those loss of funds. In regarding on what OP been saying about raking up with fees, then its normal since this is a business on which it would really be just that not shocking that they will really be making up money out of those trades been done by those traders. Why would really be that minding much on how they do make money in the first place? You are doing trades into their platform, you are really that making those buy an sell and it is really just that normal that they would really be monetizing on the site that they had built. So i dont really see any issues not unless if you do have that kind of personal hate towards them. lol |
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Is depends on your setup if your liquidation price is far enough and your are 100% confident that you will not be liquidated but if you are a risk taker going all in at 50x leverage with a very close liquidation then you need to use stoploss else goodluck to you, might get liquidated very quickly. About your question being 100% positive how can you say that? Looks like you are too confident market behavior changes from time to time be careful.
Yes, there is no 100% confidence that the situation will move according to what we planned. it all depends on the assets being traded as well. if the asset being traded has very rapid market fluctuations, the use of a stop loss would be more advisable. especially for those who are used to using stop losses, I think those who have experienced difficult situations in the market will be more careful in determining their targets and trading decisions. Unfortunately not that many newbies understand this, every single trade, every single purchase, all has a doubt, and if you feel like you trust it 100% then anyone who believes like that is a fool, they should never consider that at all. We need to arrange something that would be a lot smarter and we need to make sure that we could make some good returns one way or another, that would allow everyone to get a better hang of things. I get that life is not all that confusing and we could have some trouble, but the reality is that we are going to end up with a bit of a doubt and that's a good thing, doubt makes sure you are on your toes and doing your best ,having full confidence means you will not be ready when something goes wrong. It's better to be ready than sorry, if you keep on doing anything wrong then you would be ready to fix it right away or prevent it getting any worse. I hope that we could get to a point where people realize stop loss is a must. If you are someone who do comes into a point that you are already wary about into those tools and indicators then it would really come naturally whether you should really be making use of stop loss or not basing up on the trade that you are currently dealing with. If you do see that it would really be relevant on having one then you should set it out but if its not and you dont like on getting liquidated or hitting up those SL's then you wouldnt really be making use of it. No one would really be forcing you to on what to do because it would really just that all matter on the things that you would really be doing. You would really be seeing whether it would really be that relevant or not. For me then making use of SL would really be just that useful if you do make out some hedging or scalping in shorter time frames but if you are that someone who do really love on engaging with swing or long trades then it wont really be that necessary. because once it would triggered out or be touched upthen it would be ending up on realized loss comparing into those unrealized ones when you do have that negative. |
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There may be some good in this news.
Monaco may be nice but Monaco is very expensive to live in. Status matters for these guys but it doesn't guarantee a great life. There is always this constant pressure to measure up with the multimillionaires and billionaires there. Their luxury lifestyle, and all. It is like quiet bragging. Is this something your uncle can live up to? At age 60, does can he keep up?
If your uncle wants a cool, quiet, retirement life, he should try Thailand. There are a lot of expats there. Life is just as good there as it is in Monaco depending on how he chooses to look at it.
If you do came from on a country on which you are a millionaire with your own local currency but ended up on being that a standard citizen when you do transfer or migrate into other place then this is where currencies would really differ basing up on the value that it do have. I do able to read up those requirements before you would be considered to be a citizen of Monacco on which not all people would really be having that kind of amount and also i dont see on why there are people who do really love to migrate into other places on which you would really be needing to adjust again on the environment plus on the said culture of that particular country on which for me even just thinking then i do really see the hassle thing on this one. I do agree into those points on why there are applications that had been declined despite of having that complete requirement or able to pass up the checklist? There would really be something an issue when it comes to that on which it would really be leaving out those kind of questions in mind on what the heck is happening. |
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