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7681  Economy / Gambling discussion / Re: This guy gambles and wins a total amount of £400,000 and quits while ahead. on: April 25, 2020, 03:50:20 AM
We don't know his life story. Maybe he finally decided to quit gambling because before that, he already lost a lot of money due to gambling. But yes, very rare that a gambler will totally quit their gambling activities after winning huge amount of money. Most of them will go back and try to duplicate their luck. But luck in gambling is very hard and rare.

If he can quit gambling after he wins a huge amount of money, then that will be the biggest winning for him because he can use that money for his life, and he can buy anything he wants while he can also saving that money for his future. I think it is reasonable to see someone quit their gambling activities because they don't want to ruin their life after they win big money.

But if that person comes back and tries to search for another big winning, I don't think that will easy for him because his biggest lucky already comes to him, and it is difficult to have another biggest lucky in the other days. His decision to quit gambling is the perfect decision for him while he has a chance to do that.
7682  Economy / Gambling discussion / Re: Your Gambling Life During Quarantine on: April 25, 2020, 12:32:09 AM
Yes, it is a big difference than the last month because now, I cannot go out from home freely. My daily life has been at homes, and my social life reduced a lot because I cannot meet other people from my environment or if I want to meet them, I need to use social distance because that is what my government suggest. But we are not complaining because that is what we should do to prevent body contact or hand contact with other people and to prevent the virus.

My gambling life was not a problem because I only gamble in online gambling without trying to go to some casino. So when the casino shut down, I think that is not affected to me, and I don't feel anything because I can still play gambling in the gambling site.

But now, I cannot watch any sports games on television because all of the sports game cancelled the match until the situations can be normal again. I understand, and I can accept because of this pandemic.
7683  Economy / Trading Discussion / Re: Why people run away from trading!!! on: April 24, 2020, 02:45:02 PM
Don't have a proper trading plan also can be a reason for someone to avoid trading after the losses they met.If we don't have a goal price to sell and buy on our own then we can get easily manipulated according to the market situation so we may urge to sell or buy than holding.And expecting huge returns when they begin their trading career which maybe possible but no one can make it consistent all the days/weeks.

Many traders don't know how much profit they should take if the market can increase higher because many of them want to make more profit. But unfortunately, they don't realize that the price can change anytime. If they have a goal price to sell and buy, I am sure that they can make a profit or if they lose, their losses will not be too big because they know how to reduce the losses.

People run away because they cannot recover their losses in a short time. Many of them are using the money that they should use for their daily needs. That is why once they lose, they are confused about how they will buy their daily needs.
7684  Bitcoin / Bitcoin Discussion / Re: Bitcoin spread rapidly on ‘China Twitter’ the price will rise before halving on: April 24, 2020, 01:12:51 PM
Um, how? They don't have any exchanges.

How about Huobi? Because I remember in a few years ago before the first halving, Huobi was a place for Chinese traders to buy and sell bitcoin. Although they don't have any exchanges, at least, the traders from China can trade in any exchanges.

But if the price can rise before halving, then I think many people will wait for that time, and I am sure they will surely prepare their bitcoin in the order sell at the highest price.

Many people can spread the news about bitcoin will rise, but we don't know the right thing about what will happen later so I think we can prepare by ourselves, and we can calm down for anything that can happen later.
7685  Bitcoin / Bitcoin Discussion / Re: When Bitcoin Mining Cost is Higher Than Bitcoin Revenue. on: April 24, 2020, 11:48:44 AM
Before you mining, you need to calculate the cost. You need to know how much the money that you should pay for the electricity daily, you should know how much money you should use to buy the hardware. If you don't buy high-end hardware, you will not get a nice reward because you need to think about the cost in monthly. In this case, you need to have a big budget before you buy the hardware, including preparing the electricity system for your hardware.

If you have green energy or renewable energy for the electricity, then that would help you to reduce the electricity fee, but you should think about how long you can get ROI because you don't want to wait for a long time to get ROI.

I think if one big company can calculate this, they still get the profit from the mining process because they can get the cheap electricity which means they don't have to pay for a high fee.
7686  Economy / Gambling discussion / Re: UEFA : Complete Domestic Competitions! on: April 24, 2020, 09:11:20 AM
At least, their fans know about the update news from their league. That can give them a hope that the league have a plan to continues the match. But I think the spectators will not be allowed to watch because that is for their safety from the pandemic. After all, we don't know if the pandemic will be over in the next month so the match will be no spectators.

But from the spectators itself, I think some of them will try to come to the stadium and watch for the match because the feeling to watch the match will be different. But we need to wait for that, and if the matches will really be played in May.
7687  Economy / Gambling discussion / Re: Has this period killed your desire or exited it on: April 24, 2020, 05:53:57 AM
I think for some people who addicted to sports gambling will confuse about what they should bet now because of their favourite gambling games cannot be played because of this pandemic. Some of them will feel something is a miss on their day because usually, they watch sports events, and sometimes they bet on their favourite team.

I like to watch a sports game, but I do not always place the bets for the sports game that I wanted because I am not good in analyzing the which team that has a big chance to win. So at this time, although I feel missing that sports game, I can accept it, and I can do with or without that. But it will be good if we can watch the sports again since that is one part that can entertain us while we relax.
7688  Economy / Gambling discussion / Re: Many cryptocurrencies — how important is that for you in casinos? on: April 24, 2020, 04:28:49 AM
Hi guys!

Still playing with bitcoins? Or have you switched to TRON or Ripple?
Anyway, every crypto has its own benefits but how important is it for you to have a variety of different cryptos to play in casinos?


Yes, I playing gambling with bitcoin, but not too often because I still prefer to use altcoin such as litecoin, ethereum, dogecoin. I haven't tried using Tron or Ripple because I don't search where gambling website which accepts both coins.

With the casino having different cryptos to play in casinos will give the gamblers the option on what coin they want to use to gamble. They don't have to bother with using bitcoin in that casino because they have the other coins that they can deposit anytime to play gambling. Besides that, if they use the other altcoin, I think they can reduce the fee of the transaction.
7689  Economy / Trading Discussion / Re: Why people run away from trading!!! on: April 23, 2020, 07:45:56 AM
~snip~
That's exactly what I heard that had happened way back in 2017 where the price of BTC had reached an ATH of around $20000 and there are a couple of months prior to that just to sell their BTC even a portion of it and I remember my friend's regret when he just hold all of his BTC and came the price crashing down. Still hoping that it would rise and the price crash is temporary, he continues to hold and that's another mistake because it continue to crash for months and he never get his profit back. That is so sad because I knew that deep inside there is this rational thinking but with emotions and greed, a person would neglect the rationality of the situation.

I just started trading and so far so good. Been reading and learning a lot. Emotions can quiet be a challenge for you but you just need to look at the data that is in front of you and act accordingly unless you want to lose your money which is a simple mindset but effective.

Sometimes, when people see about the profit that they already made from previous trade, they still want to make more profit by still holding for more. They don't sell the coin but still hold because they expect that the price will increase for the next minute, but the reality is not the same as what they think. And the next minute, the price drops without they can predict.

Emotions will take part in trading, so we need to manage the feeling and say it is enough for us to sell at that price. If we only follow the emotion, we will become greedy, which can lead us to get losses because we cannot sell at the right time. That makes many traders feel sad so far because they chase and hope that they can make a big profit in one-time trade.

That is good for you, but you still need to manage your emotions so you can still calm down even in the hardest situation that happens in the market.
7690  Economy / Trading Discussion / Re: Exchanges WITHOUT KYC? on: April 23, 2020, 06:39:16 AM
I guess we have our own favourite exchanges which we can choose as a place to trade. No matter if you use the decentralized or centralized exchange, as long as you can feel comfortable with that exchange, you don't have to move to another decentralized exchange or centralized exchange.

You can say that DEX is good for you, but not all of us will say the same. I have a bad experience in using decentralized exchanges, and that is why I don't like to use that DEX although sometimes, I trade some coins that I still have on that DEX.

But if you want to avoid for KYC, I think you can use Binance, HitBTC, Bitmex, and another. Each decentralized exchanges and centralized exchanges will have the advantage and the disadvantage, and that will depend on people, whether they will use DEX or CEX.   
7691  Economy / Trading Discussion / Re: Ignorance in trading on: April 23, 2020, 05:19:09 AM
If we only watch the graph, it will look it easy to get the entry and exit points, but if you apply of what you analyze, sometimes you will feel that is difficult to do because you can make a wrong entry and exit because of the market still running without you know.

There is no other way you can do to get the correct entry and exit from learning more deeper about trading. You need to learn about how to analyze using the indicator, time frame, etc. That will not easy, and that will need time before you understand how to trade with the right. Once you can master one indicator, you will see you have a chance to predicted on the right entry and exit so you can make an order in the right time.

Yes, every people wants to get the low price to buy the coin, but that will not easy if you don't have the skills to determine the right time to buy and sell. And without learning more about trading from many sources, you will not be able to get that time and making the profit.
7692  Economy / Gambling discussion / Re: How do you see Markets on Gambling Sites? on: April 23, 2020, 04:13:36 AM
They offer promotions, they offer certain things and they even had merchandise! (Well some of them has it)
As a Gambler How do you view these things? Is it worthy of a try? Or it's just a thing of the company to get more sales and money?

The media promotions such as merchandise, free spin, or a free bonus for deposit can attract more customer to come to their website. The gambling website will have an opportunity to get many new members that will try to play the games.

As a gambler, that will be worth to try, especially if you are curious with every new gambling website so you will try to play any games on their site. But we should be careful because we don't know if they are really good or not to serves their members as they still need to maintain their site from any of problem that can happen to their website.

That can help the website to get more sales and of course, more money if many gamblers come to their website because some gamblers will try to deposit some amount to test their games, and if somehow, they can feel comfortable with the site, they will stay to play the games for a long time.
7693  Economy / Gambling discussion / Re: Is Crash game more risky ? on: April 23, 2020, 02:09:32 AM
I have been playing the traditional gambling games but i have observed that crash game is more risky than the other gambling games. I always feel more greedy while playing a crash game and this make me lose more money. I think i have lost more money in crash games than any other game.

What is your observation on this  and do you prefer other gambling games over the crash games ?

Crash games are like other gambling games, and it's not riskier than the other gambling games because that will depend on how you treat those games. But you say that you feel more greedy while playing that game, so you just need to control yourself while playing, and don't play too long in those games because you will have a big curiosity if you lose.

I am already playing crash games before, and I enjoy that game, but I don't feel that crash is riskier than the other games. After all, I don't try to win from the games because I observe that it is difficult to win. You need to prevent greediness when you play those games because when you reach one point, let say 1x or 2x, and you need to know when you should stop in the game so you can get the winning money. And you need to quit from games as soon as you think it's enough for you to get the money.

Perhaps, you can still play dice game which is not too difficult from the other gambling games, and I think dice and crash are not too easy to play.
7694  Economy / Trading Discussion / Re: Why people run away from trading!!! on: April 22, 2020, 07:11:17 AM
People run away from trading is because they are afraid to get the same experience that they got before. They get trauma from the last trade, which gives a loss to them so they think that they cannot trade with the right. Sometimes, it's not because they lack information or they cannot get the right information about the coin but sometimes the feeling of fear to get the loss will make them not to trade. They feel that it is hard to analyze the coin and when they can enter the market.

New people in trading comes to the market because they see how fast someone can make a profit, but they don't know how to make that profit. That makes them have a big imagination about how they can make a profit, but they don't learn more about trading. Some of them have greediness to always make a profit from the market, which they will not always make because the market is too volatile. They don't remember that anything can happen with the crypto market, so they don't sell as soon as the price increase, but they have a hope that the price will increase more then they will sell the coins.
7695  Economy / Trading Discussion / Re: What is the best pumping community out there? on: April 22, 2020, 05:57:36 AM
I don't know what the best pumping group is but you don't need to use a pump group to make a profit because that will not easy to follow them to up and down the price. The price movements on that pump moment will be too fast to be followed by people who want to make a profit, and without having a good internet connection and enter the market at the right time, you will not make that profit, and you can get lost by buying the coin at the high price.

But if you are still curious, you can find that group in the telegram, but you must be careful and don't use big money to try. But we never recommend you to join that group because they can scam you anytime. Besides that, to join that group, you need to pay some amount of money before you can use their signal.

Don't believe with them who say that they can make a big profit in the pump moment because they already buy the coin at the low price, and you buy at the high price which will lead you to get the lost.
7696  Bitcoin / Bitcoin Discussion / Re: Another crypto youtuber given a ban for breach of terms of service. on: April 22, 2020, 04:55:54 AM
In a few days ago, I read about Tone Vays channels has been deleted by Youtube, and now, I see crypto Youtuber BTCSessions, but I glad that they can get their account back after voicing in twitter with his fans. Perhaps, there is negotiating between Youtube and them, so Youtube opens their channel again, or Youtube already fixed the problem.

I don't think that is because of their algorithm, but perhaps, there is a code that needs to review by Youtube, so this will not happen in the future.

But if you read about Youtube reaction regard of banning the account on forbes.com.

https://www.forbes.com/sites/billybambrough/2019/12/26/googles-youtube-goes-to-war-with-bitcoin-and-crypto-update/#3765efee1b63

Youtube said:

Quote
[Update: 5:05am EST 12/27/2019] YouTube has said the decision to ban bitcoin and cryptocurrency videos from its site was an "error" and the removed videos would be reinstated.

"With the massive volume of videos on our site, sometimes we make the wrong call," a YouTube spokesman told crypto news site Decrypt. "When it's brought to our attention that a video has been removed mistakenly, we act quickly to reinstate it."

But we don't know if what Youtube said is true because I don't think they will tell the truth to the public. But we can hope that will not happen with other channels who provide crypto information to the public.
7697  Economy / Gambling discussion / Re: Do some gamblers actually win? on: April 22, 2020, 03:53:20 AM

And I am talking about regular gamblers who I mean are active in chat almost daily so it's not like they made profit once and stopped gambling, they are active and gamble almost every day so how some guys are managing profits while others are failing?


This is a common question here in gambling, do we really even win after all? The answer is both yes and no. Yes, we win, in cases that if we are disciplined enough to handle our profits and knew when only to take the risk in a certain bet. And no, because somehow and somewhat we lost our time and effort by entertaining ourselves with a little satisfaction that gambling provides, in which in most cases leads to addiction if unhandled properly.

Some of the gamblers can win, and that is because they have luck. Sometimes, if we win, we can lose discipline in gambling because some of us decide to play one or two more rounds but then, they lose the money, including losing the win money. If we can watch, if someone can win, that person will continue to place another bet. If he wins again, he can do the same thing and only a few gamblers who can stop right away after he wins. And for people who are still playing after his winning, can become an addicted person in the future if he cannot control himself.
7698  Economy / Gambling discussion / Re: Analyst: "Covid-19 Could Spur More States to Legalize Online Casino" on: April 22, 2020, 02:51:23 AM
Do you agree the government will legalize online gambling? If yes, will traditional (land) casinos survive?

I agree if the government will legalize online casino, especially in these situations. But they need to strict with who can play the online gambling games by making a law that only people who above 18 years - 20 years can play online gambling. Although that doesn't prevent young people not to playing gambling secretly, there is a law that can control the people. I am sure the traditional casino will survive because they already have big fans, especially in the city like Macau, Las Vegas. Perhaps, those people will not feel comfortable to use online gambling to playing gambling games so they can still go to that place and play with their friends.

is this one of the signs that online gambling will replace offline? Or is it going to be dotcom bubble 2.0?
Share your thoughts guys Smiley

I don't think that is the signs of online gambling will replace offline because offline gambling exists for a long time ago before the online gambling release. People like to gamble with their friends, especially in a special event in their city or country. The dotcom is already happened for a few years ago, especially when the internet is available in many countries.
7699  Economy / Gambling discussion / Re: This guy gambles and wins a total amount of £400,000 and quits while ahead. on: April 22, 2020, 01:43:58 AM
He has won a lot of money, so he wants to quit gambling. I don't know if he can, after wining a lot of money from gambling it is quit hard to leave it. Although I do not support leaving gambling jut for wining sufficient amount of money. I think he could keep some money for gambling and do other things with the rest of the money. Without giving up on gambling for fear of losing, he can allocate a certain amount of money for gambling.

It is normal if he wants to quit gambling because he already says that “I feel I’ve had my luck and I’ve done really well. If I carried on, I’d jinx it.”  I think he can feel that he already got his luck, and he is not sure if he still played, he will win again or not. It is good learning for us when we can feel enough is enough. But enough, in this case, is he can win a lot of money, and he quit gambling at the right time. He can use some money to gambling, but perhaps, he is too afraid if he becomes addicted. In this case, he can control himself with the right so he can quit gambling.
7700  Bitcoin / Bitcoin Discussion / Re: Safe with bitcoin? on: April 21, 2020, 10:19:16 AM
Today we are experiencing a virus and that is the coronavirus or the NCov19 that is becoming pandemic immediately in just a single week and today there are a lot of people still going outside even there is a quarantine. The reason why? They need to go outside just to buy foods and things they need and also pay their bills they are prone to the virus also the virus can now be attached to the tangible things like money if they are already infected and touch the money with the virus it is rapidly spreading immediately. And today it is good to introduce the use of cryptocurrency or the bitcoin using online payment because it is more faster and secured they don't need to go outside too to pay other things they need and it is better if we are spreading those information so they can now made online payment and let's stop spreading of virus.

Although cryptocurrency or bitcoin can be a solution to pay something that we want, people still prefer to use the other payment method. They still use credit or debit card while they can also use the e-money that is available in their country. As we know that right now, many countries have their own apps that will allow people to deposit their money to those apps so people can shop from their mobile phone and pay using that app. For them, this solution still the best solution while they stay at homes but soon, they will know about bitcoin, and I am sure that they will try to use bitcoin too as what we expected.
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