Looking at how much of their current marketing is about "we have added new stuff, also listed on new places" and none of it "we are a casino, come join us!!" in other places. That should be the number one priority to make the token valuable.

Why do people buy this token? More correctly why did betfury claimed that this token would be any valuable? For the dividend reasons, now they are giving more from the yield farming part and they think that it is alright because they provided an alternative. What is the point of a betfury token if the only thing it can do is simply just be exactly same as all other farming tokens where you put it in LP and make a profit. Dividends should increase at least 10x more, there is no way else.

I would guess that if someone is wagering 1000x more than us then they do deserve to win that is correct. However at the end of the day is it understandable that people who wager 50 bucks per month not to get anything at all? Literally zero? Is that really cool as well? So, there is a casino that keeps on giving out thousands of stuff, constantly doing things everyday and every week and every month, and some people are getting a lot of but some other people get nothing at all. What are we suppose to do? Just keep gambling here because stake is giving money to rich people? Is that really what you think should happen?

People going "oohhwooww, look at that guy who wagered a million dollars, he won another 5k!!!" and use that as a reason to stay here? I am sorry but yes whales should get something but small fish should get something as well.

Yes, there have been some people saying that institutions will stop buying Bitcoin because of the price that went down, but that is not the truth. Institutions are going to see the decrease in price now as an opportunity to buy even more bitcoins and keep, because they know that in the nearest future the price of Bitcoin is going to increase more than what it is now. What we are seeing now is like the least price that the Bitcoin is going to be at for now.

As time goes on we all know that there is going to be more increase. Time will come when a lot of people are going to be wishing that they bought Bitcoin at this price of $40,000 or even $50,000, because at that time there's not going to be a price that's as low as this.

The issue with most people is that they are always Expecting to make gains all the time, due to that when they lose it affects them negatively. But, if you have it in mind that there are risks involved in what you are doing, then you will be ready for whatever will be the outcome of it.

So, I think the solution to this is that people should always be ready for what’s coming, they should understand that there are risk involved in trading cryptocurrency daily  and they should invest what they can afford to risk, if not that way then they’re not going to be happy with what’s going to happen to them. Imagine when you don’t have enough money and you are investing all that you have, then you are going to feel the pain when you lose it.

You could definitely check those to see what's about to happen, I personally do check them to see it, but it doesn't mean that it guarantees you what it will do. For example, lately it has been more like if the price is high than it is greed, if the price is low then it is fear type of situation there.

There are moments when it is low and not fearful and high and not greedy as well but that index misses that most of the time. In any case that shows it fearing right now and I am guessing that a huge price action is about to happen, I would say that it is mostly correct and I agree with it, after all who wouldn't want to see it go up, but I have to say that it is certainly not a guaranteed deal.

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It’s totally how the government, the elites at the top are always ready to do anything just to fatten their pockets no matter if it’s going to affect the people negatively or not, their interest is just on themselves and not those that they are leading. Sometimes I wonder if these people are really humans or monsters in human skin, because they really surprise me with the way they act. They tend to push people to the wall, and time might come when people will get tired of all that’s happening and decide to fight for themselves, and it’s not really going to be good for them.

Trading is a good one to do, I have been doing trade for long and it has been working really well for me. Apart from trading I also Hodl, that’s what I mostly what I do because I don’t get the chance to be trading all the time. There are lots of other ways you can earn with altcoins and some people stake their coins, but I am not into that one because I am not really interested, haven’t seen anything that will interest me to do that, so I just look for something else to do instead of that. Maybe I will try it someday, but for now it doesn’t interest me.

No doubt, active investment (staking) is better than passive investment (hodl) but there are problems with active investments. You need to ensure that the website or platform that's staking the coins for you is not a Ponzi or some other kind of scam. There's technically no way to stake Bitcoins but there are sites offering interest on your holdings. If I'm not wrong, crypto(.com) does something like that.

I don't really understand the logic of earning a few extra dollars on your precious Bitcoins when you can just lock them in a safe wallet and avoid getting scammed. I haven't been into staking much but from what I understand, if you stake your coins, you don't have the private keys under your control. No keys mean you technically don't own the coins.

They actually paid a small amount to 2 participants who went out of the circle, $2k in BTC. I was laughing inside on a funny thought, imagine if the guys who got paid in BTC just hold the coins and a few years later they might technically hold/win more than the winners itself because the price of BTC can easily go around a million in the next couple of years.

To be honest, I think coinbase could have spent the money in a more productive manner because there's hardly anyone who watches Mr. Beast will ever check out who's the sponsor and all. Most of the audience that watches his videos are people who just want to watch some fund videos.

Smart gambling is an important thing, we should all try to do the same thing if we can, it is definitely a method that we should always use for gambling in any casino. I end up depositing a fix amount at the first of every month (if I have none left on my account) and then gamble with it every month, if I use it all up in the first week then I stop gambling until next month, and if I end up winning then I do not deposit until I finish that up.

Those are the type of stuff that we need to handle, if we are smart about gambling then I am sure that we will always be profiting from these situations. It doesn't have to be profit that is monetary all the time, but it is definitely something that is profitable both emotionally and also psychologically as well. Gambling is a big risk, and that risk is addiction and if we manage to conquer that, it gives us confidence for other stuff in our lives too.

That's a good list to give to newbies, I shall save that for the next time a newbie asks about it. I have to say that personally I believe that we should not be trading at all when we first start, because it takes time to find a lot of good coins to invest into, you could always buy bitcoin and just hold that but the diversification is required for greater profit which means that you need to find more, and if you pick like let's say 10 coins to invest into, then it is going to take a lot of time for you to be able to pick that 10 out of thousands of coins in existence.

This is why for your first few months you should not trade at all, pick good coins and have long term investments on them, and learn how to trade meanwhile, there are thousands of sources to find how to trade and learn some of them. This will result with a great return in the long run.

I would say consider that with fiat and a bank and you got yourself a great deal, do it with bitcoin collateral place and not so much. Normally in USA banks the interests are much much lower and you never have to lock your money neither, you just take out a 8k loan, pay back much less in a year, like 8.4k total or something (depends on your credit score of course) and then you will end up with a great deal of return over long period of time.

This way you are paying less, getting your DCA sort of, and you can pay less plus the good side is if you have other income the amount is so cheap that you could potentially pay that back with your regular income as well, the upside is that instead of you buying bitcoin directly with your money slow by slow, you are getting in all at the same time so if the price goes up then you are in big profit as well.

Things are not looking so great for Bitcoin with how it is 47k again and all that. However looking at ethereum it is up today, while most other things are down, ethereum is up and that proves your point. I personally believe that we could totally see ethereum at 4k soon, even above that 3.6k to 3.8k levels but I agree that is the thing that we should reach for now, if we can reach those prices then we could break over 4k once again.

3k is not really a full support, price did drop under 3k not too long ago and went back up, there is one at around 2680 or so, basically somewhere between 2.6k to 2.7k and that could be one, but not 3k, which is why  I am fine with 2.9k for example if it is a daily move but a crash would scare me of course. These days it is not about what the price of any coin drops to, it is about how fast, if something crashes that's bad, if you go down 10% in a single hour that's bad, but if you do that in 3 days? I don't think that's too bad.

The topic is filled with how to start suggestions and that's a great thing, I am happy that everyone is willing to help newbies and I am glad to see that people do not discourage people to start trading, after all we need more people to be hyped about trading for living, if not then just for hobby, it's good for bitcoin, higher the volume better the volatility.

However I have to say it's very important to make newbies realize that they will not profit from trading when they first start most probably, sure they may get lucky, or maybe it is bull market and they can make profit without much work or understanding because it is just a bull market and everyone wins, but eventually it is not sustainable and they may end up losing money. Which is why I honestly believe that we should warn them about potentially losing, and still keep learning more and more because there is a profit at the end of that road.

When I was 6-7 years old, computers were not a thing that was abundant in every house, most companies had it but it wasn't in houses too much yet, sure there were some people who had it, but it was early 90's in a third world nation so it wasn't very common, probably like 10% of the people had it, so it was a rare thing to have a computer in your house and let alone just so that your kid play computer games, that part was seriously rare, nearly nobody bought a computer to let their kids play a computer game.

So, one day after I played some computer games at my mom's work which had a PC, I came home and told my dad I wanted a computer, and he told me he would buy one if I could get the initial money, which was about 200 bucks, and computer was around 1200 bucks, so after you paid the 200 at first, the other 1000 became a 100 per month for 10 month thing.

What did I do? I worked hard and went to everyone I know and did child work, like bring them groceries, get then newspapers, and many other things, even sold small stuff with the capital I had to make it bigger, I made it in under 3 months and gave it to my dad who was shocked, he thought it would be impossible and that is why he said it, couldn't believe I made that when I was 7 years old, so that is how I got my first ever computer at age 7, when nobody else had a computer at that age (not that I did anything with it, just played games and never helped me in the future). I want my kids to be like that, I was always good with money ever since that age.

LOL, an interesting story. Well, I have seen a few hackers do this, they hack the company and steal their money and return it after. It do happen, and like some comments here have said, they do it to make the company realize the faults in their system. And sometimes these companies can go ahead to even hire these hackers to work for them and fix these things.

I have even seen companies that hired and paid white hathackers to check their platform and discover where their security might be faulty. One of the companies that I have seen do this in the past is Coinbase, there was a time they were hiring white hat hackers. So this is nothing new, and it’s good to have these hackers around, and not just the bad ones.

In a case like this the government are the ones that are losing and not the people. They might think that they have won, but now they will be surprised how everything has turned out. Their intention was to stop the people from making use of cryptocurrency, and they ended being the foolish ones in this case.

I have seen this news before, and this happened immediately they banned cryptocurrency, people started rushing into P2P platforms, such as Paxful which recorded high number of traders coming from Nigeria to trade on their platform. This is the same thing that will happen in other countries where the government decides to ban cryptocurrencies, people will switch immediately to P2P.

Nope, not a good idea, sorry. First of all read why Satoshi Nakamoto developed bitcoin – it’s a decentralized currency. So, if it’s a decentralized currency, then what’s the need of the same community to form a centralized organization? That means we’re creating a target for the government. It’s best as it is, we have been able to grow like this and we have reached this level we are now without having any centralized organizations or anyone controlling the community, not even Satoshi himself, do why are we going to be needing that now? I understand you, but it’s still not necessary.

It is usually best to get really good with whatever you are doing first before you talk about doing other things. How good are you when it comes to spot trading, have you perfected your skills well enough in this area? It is really important that you get very good at the one you’re doing now, and when you’re good you can then think of spreading out to other areas of trading.

Futures it is a good one for sure, there are lots of advantages in it, but that is not to say we should forget the risks that’s involved in it, you can lose a lot of money in futures even in the slightest price movement.