I think that is happening to many countries because the corrupt people or the country's officers will still try to search for the chance to get the dirty money.
And this problem will never end because money is legit, everything needs money,more you get money, more money you want, and this, corruption likely will never end  (should I laugh or be sad??)  And worse, it is not only about corruption but also the gambling game behind the sports itself. Sometimes the big bookies ask a club to win or lose in order to win gambling. And this is actually very unfair to the sports world. That is the fact because that happens a long time ago. People will never be satisfied, especially if they already got huge money and that makes them search for more. You can do both laugh and sad at the same time When corruption happens, the corrupt people will search for other things to make fast money, and that is also happening in sports. The big bookies can arrange the sports and determine which team can win or lose, and with support from the corrupt officer, they can easily get the big money. But hopefully, in the future, everything can change although that is hard to eradicate. |
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50K BTC (Will be 1-5 million dollar in the next 5-10 years)
30K ETH Will likely have better return than bitcoin
30K CARDANO can make you 50-100x within 5-10 years. good tehcnology . many will dump eth for ada.
20K THETA
20K BNB
That is an almost perfect plan, but I suggest him to have some cash for backup just in case if the price of all the investment drops, so he can buy back at a low price. Besides that, if he can have backup money, he will see another chance to buy the other coin, so that can help him to diversify the investment and he can add more coins as the investment. But if he does not want to prepare backup money, that will not be a problem, but I hope he still has more money to cover his daily life. |
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One of the biggest mistakes that a lot of lottery winners make is that they end up spending most of that amount on expensive real estate. But due to their inexperience, they fail to notice the annual charges that needs to be paid. The property tax can amount to 2% to 3% of the total value of the property, and on top of that maintaining such luxury properties in a good condition require a lot of funds. In 10-15 years, the property can cost as much in annual charges as its original purchasing price.
Those expensive real estate can still be said as an asset which for me is a good thing that a winnee has spent on their money. That is considered as an asset if they will use that expensive real estate for rental and its value will appreciate overtime. It is better if they spend it on that thing rather than things that will depreciate even if they are not financially good in deciding what to buy and what to keep. But that is not worth just buy expensive real estate because I am sure we can search for a low price real estate. Maybe after we can have one or two real estates, we can rent it to make more money. Hitting a jackpot needs us to manage the money because if we can not do that, it will not takes too long to see the money will be gone. We can not have much money again if we lose it, and I do not think that we can hit the other jackpot again in the future. If that person knows about crypto, maybe it will better to invest his win money in crypto so he can make another return in the future. These life changing opportunities shouldnt really be wasted because once you do lost and spend of those winnings then you would surely comeback on where you had started. Be wise and be sensible with those cash that you do have, if you dont like to end up on being poor again then better to make use of those funds wise and be diversified into various investment and later on you do buy on the things you do like in life when you do see you are sustainably able to make profits on leverage businesses which an ideal target for someone to achieve on. Yes, that is once in a lifetime opportunity that will change our lives forever. That needs big attention on how we can manage the big money. Otherwise, we will lose it in a short time and we will never get the same experience in the future. If you can diversify into the right investment or buying something that will worth it in the future and give benefits to you and your family, you will have a chance to increase your wealth from time to time. Only a few people can use that moment and have a plan to constantly use their money to make money from the business. They really understand the slogan "let money works for you." |
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After reaches $61k-$62k, the price is down again and stable at $60k. That is a good news to us because finally, bitcoin price can back to $60k and I hope the price will not go down again but it will increase more and break $65k. If the price can really rise to that prediction price, it will attract more investor because they do not want to be late to invest in the bitcoin. The price will not just stop to the price now because sooner or later, the price will have another rally to break the new ATH.
Did it really reach $61k in the current rally (last 12 hours), because the highest I've seen is $60,900. I don't think though that we are going to see a stable price of $60k, it's either to and continue to rally to $65k or we will see a slid again to a support of like $57k. So there's a lot of time to go and buy for long term. Hard to short at this kind of rally as obviously, shorting will get you rekt. Yes, it is. In Binance, if I am not mistaken, it reaches $61,900 almost $62k. In Bittrex, the bitcoin price reaches $61,304. I do not know how much bitcoin price in other exchanges because we have many crypto exchanges and I am sure every exchange will have the highest price. It will stable for a while in the current price or lower or higher but it will soon continue the rally to $65k. I think from now on, the price will start to increase slowly and stable, but we will see it later. |
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My family still have traditional mind about holding gold than I give many time how increase much profit hold bitcoin or altcoin than saving gold, only have change price few percent for gold but bitcoin more than 100% price up. I have to proof how bitcoin is better than gold and gold weakness from price keep stable and many time price gold down when faced problem with USDT value.
That is not a surprise to see many people still prefer to buy gold and hold it for a long time because they think that gold is a safe haven and that will help them if they a financial problem. But if they know that bitcoin can also have the same benefits as gold, they will try to buy bitcoin and hold it for a long time. I am sure they can do that easily because they have the experience to hold gold for that such a long time. We can suggest them to invest in bitcoin, but we can not force them to buy bitcoin because buying bitcoin or not is a choice for us. |
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We do not know when people buying bitcoin because of that raise because they will not tell the public that they already buy bitcoin. But I am sure that many of them buying bitcoin a few months ago before the bitcoin price increases. That also happens to the big corporate and as I said before, they will secretly buying bitcoin without anyone know, and if they want to tell the public, they will give the number, and maybe that is not the real number that they already bought.
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After reaches $61k-$62k, the price is down again and stable at $60k. That is a good news to us because finally, bitcoin price can back to $60k and I hope the price will not go down again but it will increase more and break $65k. If the price can really rise to that prediction price, it will attract more investor because they do not want to be late to invest in the bitcoin. The price will not just stop to the price now because sooner or later, the price will have another rally to break the new ATH.
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2% calculation seems easy to achieve, but sometimes a trader also experiences floating not as expected. therefore our attitude will determine, not to be selfish in playing a role in this kind of condition, so as not to be dragged along more and more. and must be able to immediately move on in such conditions
Not many trader can make 2% of profit as many of them does not have good skills instead follow other people suggestion to buy the coin. If they have skills, I am sure that will not difficult to make that profit, especially they can select the right coin to trade. I think I know what that groups he mentions because I think I know about Cornix for a bit because some of my friends also talk about that. But I do not know if that bot is good to help you to trade or not because I do not use bot to trade. I prefer to learn more about trading and doing manual trading because I tihnk that is the way for me to improve my skills. |
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The whales already buy so many coins, including bitcoin and altcoins, and they are waiting for the right time to sell. I am sure the bull run will happen again this year, and I think we will see the bull run will happen many times. Selling all of coins in your bags will be recommended thing that you can do in the bull run because that means, you can make a big profit. After selling all of the coins, you should leave the market for a while and come back in the next 6 months or 1 year later.
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Taking a risk will always come to us, but we need to think about how big the risk. If we can not accept the risk, we do not have to do that thing, but if we can reduce the risk, we can doing that thing. Related to invest in a new project, the risk will be losing your money if you invest in a wrong project, so you can not make a profit as you want. My suggestion before you invest in any project, you should research and find as much info as you can so you will know if that project is worth or not. You must know how to manage your money to invest in the project, so you can also know the risk. No one will know if the underestimate coin can give you the profit.
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I prefer to suggest to hold bitcoin for 5-10 years later as in the 1-2 years will not moves too often or significant, but I do not know since we can not know what will happen in the next 1-2 years later. If you only care to buy bitcoin, then you can buy and hold and do not think about the volatility of bitcoin price.
You can split your money for six months from now and I think you can get bitcoin at various price which can reduce your average buy price. I do not think that it is better to use all of the money in just one time because we know that bitcoin price will always go up and down, so diversify your order buy in any range of the price will be better.
$300k is a lot of money, but you can use it to invest in bitcoin and you can have many bitcoin. But splitting into 2 parts or more will be better just in case if bitcoin price drops significantly. That will be up to you.
If you want to hold altcoin, you can use 50-50 to buy, but altcoin will be good for short term and not long term. But you can hold it together with your bitcoin for 5-10 years.
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One of the biggest mistakes that a lot of lottery winners make is that they end up spending most of that amount on expensive real estate. But due to their inexperience, they fail to notice the annual charges that needs to be paid. The property tax can amount to 2% to 3% of the total value of the property, and on top of that maintaining such luxury properties in a good condition require a lot of funds. In 10-15 years, the property can cost as much in annual charges as its original purchasing price.
Those expensive real estate can still be said as an asset which for me is a good thing that a winnee has spent on their money. That is considered as an asset if they will use that expensive real estate for rental and its value will appreciate overtime. It is better if they spend it on that thing rather than things that will depreciate even if they are not financially good in deciding what to buy and what to keep. But that is not worth just buy expensive real estate because I am sure we can search for a low price real estate. Maybe after we can have one or two real estates, we can rent it to make more money. Hitting a jackpot needs us to manage the money because if we can not do that, it will not takes too long to see the money will be gone. We can not have much money again if we lose it, and I do not think that we can hit the other jackpot again in the future. If that person knows about crypto, maybe it will better to invest his win money in crypto so he can make another return in the future. |
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I think that is because you found an excitement playing gambling so you start to play gambling in daylight. Besides that, you were lucky to increase your money and that makes you have a big passion to earn more money. You chase the 1st level of VIP so you decide to play longer than usual which lead you to get lost. It is normal to see someone become like you because gambling can make you like that without you realize. But you must stop as soon as possible before everything will ruin your life and you will lose all of the money because of chasing the money. At that time, gambling will not just a way to have fun but also a way to make money but you can not make it. Maybe you can do another activity and stay away from your computer or mobile phone for away so your mind will not think about gambling.
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No, mental help is what he needs. Ask for a psychologist help because it's the one that your friend needs to have. Those professionals in that line knows how to deal with what your friend's problem.
They're specialized in that kind of help.
He needs to help his friend before it's too late to do because his friend conditions can become worst if it is not get help as soon as possible. I am afraid that his friend can become crazy because of his problem and it can attract his friend to do the worst thing that we do not know what is the impact. I hope he can control the situation of his friend and bring him to the psychologist at the right time. |
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Never have I encountered such eventualities in my experience as a gambler. Although most of the times when I gamble using my data connection from my carrier, and when it basically isn't working fast as I intended it to be, I always get cancelled bet, which I think is better than getting a loss to no fault of your own. And as far as I know modern gambling sites already imposed some codes in their system that prevents such from happening, so you'll find that losing or winning due to poor internet connectivity a rare sight these days.
I think it depends more on what game you play and how you connect to the Internet. If you have a fiber optic connection it's rare to lose your connection, but if you play via mobile internet, especially when there's only one base station nearby and the weather is bad it's easy to lose your connection and not have time to make your move when playing poker, for example. The fiber-optic connection will only face a problem when there is trouble in their server to make the internet connection can not deliver to the customer. That is like a delay transmitted a connection to their customer and lost connection in the network. It can trouble us if we experience that, so if we want to play gambling or browsing on the website, we need to check the connection first before doing something. Yes, you should check the internet network before gambling or any other activity that will make you comfortable when betting. actually the internet connection when betting or gambling doesn't really affect it, it just makes it uncomfortable and doesn't concentrate when betting because we need concentration when betting. and a bad connection will distort concentration and can lead to emotions. I only use a mobile internet connection to my laptop, but I always check the connection by pinging to some website to check how the connection is. But so far, I do not have trouble and the connection run smooth. Playing gambling does not need a high-speed internet connection, but some gambling games that need an image will need a good internet connection. I feel annoyed if I see a lack of time to opening the website or it takes seconds to load a full page. But so far, I can hande it. |
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I think this is cancer in many countries. In my own country every year people claim some footballers are getting sold out in specific high rate matches so they make small teams win against bigger teams. Referees are rumored to be fixing match results by giving weird red/yellow cards and random penalties.
I think that is happening to many countries because the corrupt people or the country's officers will still try to search for the chance to get the dirty money. They can use many ways to corrupt the money, especially in sports, because that is big money involved in that business, so they will not let the chance is gone. The public will not know if the referees will be fixing match results as that will be under other people's hands. The referees can only do their job and let the rest will arrange by the corrupt officials. There are always greedy people who want to get large amounts of money through corruption. Moreover, in the world of sports, there are so many corruptors. What makes sports so attractive to corruptors, because it is usually related to sports betting which can generate a lot of money if the result of the match can be arranged. Therefore, until now there are always cases of corruption in the sports world, because in my opinion corruption is always permanent and it is very difficult to eradicate. Yes, that is right. Greedy people will always want to get more money but they do not see that they have a limit which is luck that will not always come to them. The corruption is not permanent but it is difficult to eradicate and only with honest officers that can do that with big support from the government and all section. But so far, many a high officer also part of that corruption so that is made difficult to eradicate it. I am sure someday, corruption will not happen the most. |
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A common question that I see asked is "do I need to pay tax on my crypto gambling winnings?".
Our government have no rules on our gambling winnings, they are not asking it, it's up to the individual if they want to pay or not, I'm not a big gambler and I always lose and seldom wins I don't think that it's ok to pay something that you earn and you could or will lose later, it's when I make a profit that I am willing to pay my taxes. That is good news because if a gambler in your country wins, they can free not pay the tax. But how about the monthly tax? Did they need to pay additional taxes that related to their winning in gambling? But out of that, the gambler can enjoy winning without thinking about the taxes and celebrating it with their family or friends. Something that you do earn aside from your own business or even with your own work then i dont see that they would really be including or make it mandatory when it comes to tax and its up to someone if they would really be that honest on paying up tax even if they arent required to do so but i doubt that majority will just really ignore but if its mandated then you wont really have any options but to deal with it. Yeah, they will not report it if they have additional income when paying the tax. Sometimes, a worker wants to reduce his tax by decreasing the amount of income or editing it so he does not have to pay a high fee. Usually, that is happening in a medium and big company to avoid paying the high fee and that is not a secret anymore. And for their worker, they will edit the data that will report to the tax government to reduce the tax amount every month or year. |
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The chances will be big only when crypto will be embraced in a large scale.For now the number of gamblers who use crypto compared to the ones who use fiat is really small and unless this number grow really big it will be impossible for crypto to replace fiat sport betting sites.
we wont see many crypto sites if crypto users are small but i believe the users of crypto is huge enough at this point . theres only less fiat sportebetting site that are trusted and if there are sportbetting sites they only had a few users compare to crypto sportbetting sites . this is not hard for the crypto sportsbetting sites to replaced them in the future . I prefer to see the crypto sportsbook and fiat sportsbook can still exist together so the gambler will still have their option to gamble. That can give them more opportunities to choose what they want. And maybe they will use both sportsbooks to make more winnings because sometimes, the match will be available on both sportsbooks. But crypto sportsbooks will have a chance to grow in the future as people can hide their identity while they place a bet for their teams. |
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A common question that I see asked is "do I need to pay tax on my crypto gambling winnings?".
Our government have no rules on our gambling winnings, they are not asking it, it's up to the individual if they want to pay or not, I'm not a big gambler and I always lose and seldom wins I don't think that it's ok to pay something that you earn and you could or will lose later, it's when I make a profit that I am willing to pay my taxes. That is good news because if a gambler in your country wins, they can free not pay the tax. But how about the monthly tax? Did they need to pay additional taxes that related to their winning in gambling? But out of that, the gambler can enjoy winning without thinking about the taxes and celebrating it with their family or friends. |
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From the word, gambling and investment are different. If a person thinks that gambling is considered an investment, then that person is wrong because gambling is an activity that needs to spend money to expect to make money. But in fact, they will lose their money in the short or long term, but they can win on the game, which is only if they have luck. But the investment can give you a good return in the short or long term, so you can expect to make a profit plus your initial money to invest in that program.
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