Some of the points that I ensure that are always followed are - Do not play just to make money from it else it may not be successful case. Do not borrow for gambling else this is the trap one will create to own self. Enjoy while you are gambling and have fun most important thing and, in the process, if you make money this will make you all excited. Though I may not make that big money but at the end of the day it should not have any negative effects or make me addicted.
It is important to prioritize correctly and understand well why you are gambling. You must define what exactly you get from it. Either this is your business and then you take it very seriously, or it’s just entertainment and then you treat it as fun, without being too serious. This separation will help you get rid of unnecessary thoughts and get much more pleasure from the games. |
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It looks like I have not played any of the listed skill games. My best understanding of poker is that I suppose it can also be classified as a skill based game.
It is difficult to say which would prefer from the proposed by you. On the one hand, I love games in which everything depends on the skill, but on the other hand, in order to succeed in such games, you need to spend a lot of time and therefore money to acquire mastery.
In slots everything is simpler, it all depends on how lucky you are, you are either lucky or not. I think this is the reason why most people choose slots.
Yes, poker is a game of skill that has a bit of an element of luck and requires long-term play and enough money to master it and discipline plays a big part in poker and the right volume, and you can get good results winning consistently. Most people choose slots because they expect good luck and it's easy to play them without the need for skill. Most take the path of least resistance and choose simpler things, things in which there is no need to think and apply their skills. Most people come to the casino to relax and relax their nerves. Not everyone can handle the psychological pressures that professional poker players face, it's hard work. |
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It looks like I have not played any of the listed skill games. My best understanding of poker is that I suppose it can also be classified as a skill based game.
It is difficult to say which would prefer from the proposed by you. On the one hand, I love games in which everything depends on the skill, but on the other hand, in order to succeed in such games, you need to spend a lot of time and therefore money to acquire mastery.
In slots everything is simpler, it all depends on how lucky you are, you are either lucky or not. I think this is the reason why most people choose slots.
The game for luck, I think it's just for leisure, because you can't control anything, it's all about luck. But a game in which your experience, knowledge and ability to count can decide the outcome is completely different. Luck can always turn its back on you and this is a factor that you cannot influence in any way. Unfortunately, all of the above games have an element of luck, even those based on your skill. Otherwise, the casino would be extremely unprofitable to provide games in which, having achieved a certain skill, the player would only win and almost never lose. It's kind of a gimmick. |
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it is impossible for a gambler to gamble without capital because you cant make a single bet if you don't have money.
and also it depend on your gambling time,if you play long the more chances of losing also.
It is obvious. If you have no money you cannot play. I am talking about the fact that you should consider your capital in the long term. It's like it's gasoline in your tank, and if you spend too much, you simply won't make it to your destination. ohh i get what you mean here,is that once you won then the capital will be saved in pocket ?and what if the money outside loss again?then the pocket money will be into betting again?
better have Self Control and that will save your asses.
Not certainly in that way. I am talking about the fact that you should calculate your capital in relation to the risks. As with the gasoline example above. You should not think about how to double your capital in a short time, but how to increase it in the long term with minimal losses. Any loss will slow you down. |
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Update3: according to Glassnode, 23,200 BTC were withdrawn from Bitmex last night, which is approximately 13% of their storage capacity. This is the largest amount of BTC withdrawn from Bitmex in an hour. Update4: approximately 6,000 BTC have been withdrawn from Bitmex in the last hour. In total, about 32,000 BTC were withdrawn from the exchange per day, which is about 19% of all volumes. |
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The open interest (BTC) on BitMEX's bitcoin derivatives just hit a yearly low of 61,869 BTC following the announcement of the CFTC charge on the exchange. The former yearly low was painted on the 30th of April when the open interest bottomed at 61,975 BTC.  https://twitter.com/ArcaneResearch/status/1311798602830938120 |
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Wow news. On the one hand, we have Bitfinex, which has been in litigation for many years and remains afloat as if nothing had happened, on the other hand, we have example of Alexander Vinnik. At the same time, Larry Cermak drew attention to the fact that BitMEX changed the processing time for withdrawal of funds, hinting that BitMEX allows users to withdraw funds before their probable arrest. What's happening. https://twitter.com/lawmaster/status/1311727730820616199It looks like the truth.
Update: BitMEX promised to process the following withdrawals at 8:00 and 13:00 UTC (October 2).
It looks like the fun is just beginning. |
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lil update: BitMEX operator plans to fight U.S. government charges, says spokespersonHDR Global Trading Limited, the parent company of crypto derivatives exchange BitMEX and one of the defendants named in Thursday's Commodity Futures Trading Commission (CFTC) civil lawsuit, has vowed to the fight the charges, according to a new statement. A spokesperson for HDR told The Block in a statement: "We strongly disagree with the U.S. government’s heavy-handed decision to bring these charges, and intend to defend the allegations vigorously. From our early days as a start-up, we have always sought to comply with applicable U.S. laws, as those laws were understood at the time and based on available guidance." As The Block reported Thursday, both the CFTC and the U.S. Department of Justice — via the Southern District of New York — filed charges against the owner-operators of BitMEX, including co-founder and CEO Arthur Hayes. The DOJ charged Hayes along with co-founders Samuel Reed and Ben Delo, as well as business development chief Greg Dwyer of violating the U.S. Bank Secrecy Act. When it announced the criminal charges, the DOJ said that Reed had been arrested in Massachusetts. Separately, the CFTC accused BitMEX, its co-founders and a string of named businesses with a series of violations, including the failure to enforce anti-money laundering and know-your-customer rules. Posts on social media indicate that BitMEX is responding to the news in another way: processing withdrawal requests outside the hours it normally does. According to BitMEX's frequently-asked-questions page, "[t]he cutoff time for Bitcoin withdrawals is 13:00 UTC. Shortly after that, Bitcoin will be sent to the address you specified." 13:00 UTC is 9 a.m. EST. However, users of the service report that a fresh batch of withdrawals have been processed. The HDR spokesperson declined to comment further when reached. https://www.theblockcrypto.com/linked/79504/bitmex-operator-to-fight-charges |
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Interesting thoughts from Cryptomedication: "Binance and Bitfinex are Next You have to be high to think that they aren't. They're way more egregious than BitMex. Also, they're part of Crypto Capital Co. the same way that BitMex was (remember, BitMex was the very first exchange that signed up with Crypto Capital Co.)" |
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CFTC, Department of Justice file charges against owners of crypto derivatives exchange BitMEXThe U.S. Department of Justice and the Commodity Futures Trading Commission (CFTC) have filed charges against crypto derivatives exchange BitMEX and its owner-operators, including co-founder and CEO Arthur Hayes. Hayes — along with co-founders Ben Delo and Samuel Reed — are accused of operating an unregistered trading platform as well as violating CFTC rules, including anti-money laundering and know-your-customer regulations. "The complaint charges BitMEX with operating a facility for the trading or processing of swaps without having CFTC approval as a designated contract market or swap execution facility, and operating as a futures commission merchant by soliciting orders for and accepting bitcoin to margin digital asset derivatives transactions, and by acting as a counterparty to leveraged retail commodity transactions. The complaint further charges BitMEX with violating CFTC rules by failing to implement know-your-customer procedures, a customer information program, and anti-money laundering procedures," the CFTC said in a statement. In a separate action, the Department of Justice filed criminal charges against Hayes, Delo, Reed and BitMEX head of business development Greg Dwyer with violating the Bank Secrecy Act. According to the DOJ press release, Reed was arrested in Massachusetts on Thursday morning "and will be presented in federal court there." “As we allege here today, the four defendants, through their company’s BitMEX crypto-currency trading platform, willfully violated the Bank Secrecy Act by evading U.S. anti-money laundering requirements," FBI assistant director William Sweeney said in a statement. The 40-page CFTC complaint also names HDR Global Trading Limited, BitMEX's parent company, as well as 100x Holdings Limited, ABS Global Trading Limited, Shine Effort Inc Limited and HDR Global Services (Bermuda) Limited as defendants. https://www.theblockcrypto.com/linked/79483/cftc-bitmex-charges-lawsuithttps://www.scribd.com/document/478302514/Enf-Hdr-Global-Trading-Complaint-100120?language_settings_changed=Englishhttps://www.cftc.gov/PressRoom/PressReleases/8270-20
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A Goldman Sachs partner will join Galaxy Digital to help bridge the gap between Wall Street and cryptoMike Novogratz's Galaxy Digital is bringing on a Goldman Sachs partner as its co-president and head of global markets. Damien Vanderwilt will be joining Galaxy Digital after more than 20 years with the bulge bracket bank. He most recently served as its global head of FICC Execution Services. At the bank, he also played a role in building out Goldman's Marquee Trader, a single dealer trading platform. He got his start in equities execution services and trading in 2000. His tenure at the bank spanned roles in London, Hong Kong, and Sydney, as per his LinkedIn. In his role at Galaxy, the Vanderwilt will leverage his contacts from the Wall Street world to drum up business across its respective units. In an interview with The Block, Novogratz said that a recent influx of macro hedge funds and pensions into the digital asset market made the pipeline for its products stronger than it has been historically. In many periods of Galaxy's history, it has struggled to churn a profit and keep on talent. "In January, I was cautious and frustrated," Novogratz, a former macro trader, said. "But now I've been on so many freaking calls. The wealth channel is exciting, pensions are looking at more venture stuff and it feels like the business is growing fast." "You have multiple hedge funds buying bitcoin as a macro play and almost every fund is looking at it," he added. The firm has been building out its trading capabilities to meet the needs of these clients, partnering with custody provider Bakkt on a service that aims to help large investors tap into the digital asset market. Galaxy also built out its electronic sales and trading platform and, like many companies in the market, it has been eyeing prime brokerage services. Aside from trading, Vanderwilt will also help the investment banking business raise capital for clients and ramp up deal flow. The company is said to be raising for a large mining company and is working on bringing in more talent as it adjusts for the upcoming exit of Ian Taylor, who has led the business since 2018. Taylor will rejoin Goldman Sachs later this year. https://www.theblockcrypto.com/post/79372/a-goldman-sachs-partner-will-join-galaxy-digital-to-help-bridge-the-gap-between-wall-street-and-crypto
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Ethereum miners made more money from gas or transaction fees than from block rewards in September.The event has occurred for the first time in Ethereum's history, according to The Block Research. Miners made about $172 million from fees last month and about $150 million from block rewards, taking their total revenue to more than $320 million.  Overall, Ethereum miners made 53.4% more in September than August when their total revenue was about $285 million. This is because gas fees peaked last month, driven by the continued growth in the decentralized finance (DeFi) space. Ethereum transaction fees have subsided since then and the current average fee is about $3 per transaction, according to tracker BitInfoCharts. https://www.theblockcrypto.com/linked/79452/ethereum-miner-revenue-september-gas-fees
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Diginex Stock Goes Live on Nasdaq Following $50M in SPAC and Private FundingBlockchain services firm Diginex has become the first crypto exchange operator to list on Nasdaq. The stock went live Thursday morning under the “EQOS” ticker symbol, a nod to the firm’s EQUOS.io trading platform. Diginex’s back door listing came through a merger with a special-purpose acquisition company (SPAC) called 8i. After raising private capital and redeeming shares of the SPAC, the company now has $50 million in capital for strengthening its balance sheet and investing in the business. Diginex CEO Richard Byworth said he expects a mix of global retail and institutional investors to buy shares. Over time, he expects the majority of Diginex shareholders to be U.S. investors because of the Nasdaq listing. https://www.coindesk.com/diginex-stock-eqos-nasdaq-listing
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It is becoming very interesting what the centralized sites will have in the near future. After all, Uniswap is already beginning to overtake some of the largest platforms in terms of trading volume, which means that Binance may soon start having problems, despite the fact that they are trying in every possible way to add new DeFi projects to their platform. Uniswap V3 to be released in Q1 2021 The total amount of blocked funds in Uniswap V2: 🔸 $ 11,029,530 - May 20, 2020 🔸 $ 37,512,302 - June 20, 2020 🔸 $ 86,912,475 - 20 July 2020 🔸 $ 298,284,850 - 20 August 2020 🔸 $ 2.16 billion already on September 20, 2020. https://t.me/Pro_Blockchain/9723 |
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Ethereum 2.0 developers will run yet another testnet "Zinken" in the coming days as the Spadina testnet didn't go smoothly enough.
Danny Ryan, a core Ethereum developer, said Spadina suffered long waits to block finality and low participation from Ethereum 2.0 clients, or parties that run nodes to validate transactions. "Even though we expect moderately low participation on a short-lived non-incentivized testnet, small errors in the client release process great[ly] exacerbated this problem, resulting in ~1/3 participation in the first few epochs," said Ryan. "In response to these issues, we'll be hosting -at least- one more dress rehearsal -- Zinken -- prior to genesis." Prysmatic Labs, one of the Ethereum 2.0 clients, said the issues with the Spadina testnet gave a "bad look for this 'genesis rehearsal.'" However, it wasn't a critical bug or a consensus error, "but rather something due to configuration parameters which can be fixed with a release," said Prysmatic. The Zinken testnet is expected to run "in a week and a half," said Ryan. https://www.theblockcrypto.com/linked/79261/ethereum-2-another-testnet-zinken
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There are lots of fake tokens and scam going on Uniswap. Better check contract before trading on Uniswap.
And there will be more. It is important that, against the background of DeFi's hype, everyone understands what a decentralized field is where you can create your own coins and put them into circulation. Obviously, many do not understand this and, in pursuit of profit, fall for fakes. I'm surprised that this is still happening. Apparently this process is endless. |
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The hacker sold:
320k OCEAN (worth $ 120K).
578k SNX ($ 2.9M)
10K COMP ($ 1.35M)
203k LINK ($ 2.16M)
10k DIA on the go
Not good, at least DEX management should be able to filter the request from such people. The hackers are skillful and they know how to make an effective decision with minimum loss. Trading in the centralised excahgnes will give them headaches and they try to avoid personal verification at all costs. Anyway, not a bad result for hackers compared to other attacks. How? These are decentralized exchanges, which means they have neither filters nor any kind of control. It's blockchain. The only control in this case is from the centralized coins, which can be rolled back, canceled or blocked, which was done with some stolen coins. |
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What I like the most is your first tip. Cap is the main thing. Too many people overlook this in the pursuit of profit. It depends on the capital whether you can earn any profit at all. No capital, no profit.
Therefore, the first thing to think about is how to save capital in relation to the risks that will arise during betting.
Well, of course, you need to decide what the rates are for you. If it's just fun, have fun and don't take it seriously. If this is a business, learn to control and do not be distracted by fleeting entertainment.
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I have been gambling a lot these days with soccer matches but I'm not enough lucky to make a profit. Howeber, I'm not into huge loss. It's very tiny amount if I check all the previous P/L.
I don't bet big amount. Usually, I bet $4/$5 worth of BTC on a lot of matches; sometimes I win and sometimes I loss. But that can't make me any profit.
Should I go for bigger amount of bets on few matches or stay with current strategy (placing many bets of small amounts)?
Increasing your bet sizes only makes sense if you have a large bankroll. I prefer to place bets in the amount of 5% -10% of my deposit. Your task is to win more often than to lose. If you bet too much, then you greatly exaggerate your risks in the event of a grind. And defeat can happen in any game, it's a game of probabilities. It always makes sense to follow tight bankroll management and look at the size of your bankroll. |
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