I have a few questions regarding running a Bitcoin gambling website online.
I am located in Canada. So I'm not sure if it's legal for me run a site like this online from within Canada.
If it is legal for me to host the site else where, where is it possible for me to host it and do I need to get it licensed or it's okay to operate without a license since it's crypto.
Perhaps, you can check the hosting provider from the old gambling site so you know where you can host your website, and you can understand if that gambling site needed a license or not. Or you can ask or find out in your country if you make a gambling site gambling, is it illegal or not. I think if you can get the hosting provider that supports gambling, you can host your gambling site to them, and the other things that you need to do are searching the license. |
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Bitcoin is not a safe haven because of the fluctuating price, so we cannot say that it is safe for your money. When someone wants to invest his money in bitcoin, he must know that investing in bitcoin will have risk, and that risk is about the changing of the bitcoin price that will always happen every day. When people don't know about the risk behind bitcoin, then they should be careful because, in the bitcoin journey, they will see the price will be up and down. If they want to use bitcoin as the investment, then before they invest their money in bitcoin, they need to learn about the risk, so they don't surprise with what happen to bitcoin later.
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We don't know how much the ethereum price will increase, and it still a big mystery for us. But ethereum needs to break $200 first because that price seems too hard to reach, especially bitcoin price is not increase so high and still stay less than $10k. Once bitcoin price can jump to the higher price and break $10k, that will impact to ethereum price and also the other coins, and that can help the crypto market to recover the price. Many people have a big hope for ethereum to increase, and they still buy and hold ethereum until now because they want to repeat history when they can make a lot of money from ethereum.
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When the price can rise to $25k-$35k, many people will be happy because they can make a lot of money, and they can also recover their losses before.
And when people recover their losses they sell their bitcoin, that's the only way to recover losses! That will only happen when bitcoin increases more than $20k so that people can sell bitcoin at the highest price plus they can be able to recover losses. I am sure that will happen soon or in the future. No matter what it is, the price will adjust again like usual, and we don't know how much the price will be down, and perhaps, the price will adjust to $10k-$15k.
Recovery takes a long, long time. We still haven't recovered from the last price peak in late 2017 at $20k...so two solid years have gone by and we're still suffering from that bull run. Perspective is everything, it was nice to see a positive 2019, but people that bought Bitcoin in the fall of 2017 are still down by tens of percent...it's tough to hodl out for recovery gains. Most of these people would be better off selling their losses! No, we are not yet recovered. But we will see the sign for bitcoin price to rise again, and I think that will happen before or after the halving time that will happen this year. People still struggle to recover their losses by trading bitcoin pair usdt, and they still waiting for the next big thing that will happen with bitcoin at the market. If that happens, people will not have to wait for a long time because they see the big opportunity to sell their bitcoin at a high price. But prediction will be a prediction, and we are free to say how much bitcoin price will increase and announce to all people in social media.
And predictions don't mean anything without a logical, fact-based rationale to support it. Most predictions about bitcoin are merely guesses, no more, no less. Many people still predict that bitcoin will break the highest price. Some people predict bitcoin price can hit more than $100k in the next bull run, but that is only a prediction because we don't know what will happen later. So we need to be patient and wait for that time. |
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The answer revolves around the reason for the gambling.
Better matured minds who gamble for fun do not according to how rich or poor they are, but just to make the invoke seriousness into the game as their is a target. Those who gamble to survive, even if you give them big money or they win ,yet they will not quit, money is never enough for anyone. Only a very wise one will leave and find a new life. But the foolish addict will keep on until he looses it back.
In gambling, wise people can find only a few and most people start as fun but end up in addiction. If one doesn't have self-control it is better never go for gambling. As you saif even people make some money they want will continue to make more and more and finally end up nothing in gambling and that is the reason all casinos grow over the time and gamblers lose money. We can say that people who don't have self-control never go for gambling, but in reality, we are seeing many of them are trying to playing gambling. They say that they want to feel gambling, especially in crypto gambling, but suddenly, they become deeper inside the gambling games, and in the end, they become addicted to gambling. If they already in the gambling games, they always say that if they can win one more time, they will stop gambling, no matter how much the money they can win. But they cannot control themselves because once they win, they will want to get the other winning. |
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this is more winnable than lottery itself because on raffle like this they only specific volume of tickets to sell in this case there are 6 million according to the statements so it means each ticket holders have only 6 million to compete when i Lottery there are i think billions of combinations?so the chance is much lower than winning this Plane. The chances in the lottery are not much if we only buy less than 100 tickets, but that will depend on our luck. The ticket holders will be difficult to win the lottery because I think if the rich people want to buy the ticket, then people who buy a small number of tickets will not have a big chance to win. They can hope that they can win the plane, but after that, they need to think about how they are going to pay the services after 2 years for the free services for the plane. |
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You can visit localbitcoin from your mobile phone to find local sellers, which will help you to cash out your bitcoin to that local currency. That is one thing that you can do while you stay in that country, and I am sure that you will get many good and recommended sellers that can help you. If you can find a bitcoin ATM, then you can go to that machine to cash out the bitcoin, but unfortunately, not all big countries will installed that machine. But the other way that you can do is before you go to another country, you can cash out your bitcoin with your favorite way, so you already have the money, and after your visit that country, you will not have to cash out your bitcoin.
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Guys have few half bitcoin i earned through promoting projects and i am looking for a way to increase this btc, i am thinking of using USDT to lock my btc when bitcoin reach 9,000 plus and buy back when it drop back to 8000 plus, is this possible or just a stupid idea over all?
That is one thing that you can do to increase your bitcoin amount. I don't think that is a stupid idea because as long as you can sell when bitcoin price increase to the higher price, and you can buy back bitcoin when bitcoin price decrease to the lower price, you will have a chance to make a profit in usdt and bitcoin. But that will not be easy as we don't know how much bitcoin will increase or decrease, and we can only know when bitcoin reaches the price that we want. |
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Here is my suggestion. When you feel you are difficult to learn trading options for some time, and you cannot get a profit from trading, it is better not to continue trading. You can try with the other type of trading, for example, you can try with crypto trading, which will be easier than the trading option. Crypto trading is not too complicated than the trading option, so I think you can learn the lesson of the crypto trading, and you can try to make a profit too. But both trading options and crypto trading need the experience to get the profit, but in crypto trading, you hold it for a long time, and not doing trading every day.
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No need to make things complicated. If i were to win this lottery, i would not mind it selling the plane cheap back to the government. Remember i would only spend 25$ , so even if i sell the plane at half its price, i will still get a lot's of profit.  Of course, you will make a lot of profit, but that is only if you can win on that lottery  But I don't think that you can win with only spend $25 because we know that the lottery games are based on luck, so you will need to have the luck to win. I think it will not easy to sell back to the government even with cheap price because they will buy another presidential plane for their president. You need to think about selling the plane as soon as possible because you only have 2 years to get free services. |
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I already feel different when playing dice games. In the first time, I knew dice games, I played for a long time, and fortunately, I don't use my money or my coins. I get a free coin from the faucet, and I use it for playing dice. And if there is no coin left in my account, I will go to the faucet and get another free coin. I don't use a big amount for placing a bet, and I remember that the amount is not more than 10 satoshi so that I can play for a long time. At that time, I don't think about winning, and I only want to know the game.
But I don't play poker because I don't know how to play and I think that will be too difficult for me to understand the games.
Poker is harder to comprehend than dice, that's for sure. But it's not that hard as you think of it. There are many poker games, and you don't need to know how to play each of them, but you can learn how to play the most popular one, that is Texas Hold 'Em. I can tell you from my own experience that it will take not more than a week to learn this game. I mean, you can learn the rules in one hour, but after a week of practicing you can become a pretty decent poker player, who, with some luck, of course, can outplay any player in the world. It sounds like hard to believe, but it's true. Try it someday. You won't be disappointed. And if you don't want to lose your money to the game, that's fine, good poker sites run free rolls each day, where you can win a dollar or two, while risking nothing. Ah, I remember that game when I still active on Facebook. Yes, at that time, I am trying to play Texas Hold 'Em, but I don't have good chances to win, although I already read or learn the rules. If I am not mistaken, from 2 hours I played, I count that 4 times I can win that games, but that's not a big win. I tried to ask my cousin to teach me, but the result is not good too. I feel that perhaps, I cannot play good in Texas Hold 'Em, but I never tried with the other poker games. It's like a trauma for me not to play poker games. But I will try to play Texas Hold 'Em or different poker games one day. I already feel different when playing dice games. In the first time, I knew dice games, I played for a long time, and fortunately, I don't use my money or my coins. I get a free coin from the faucet, and I use it for playing dice. And if there is no coin left in my account, I will go to the faucet and get another free coin. I don't use a big amount for placing a bet, and I remember that the amount is not more than 10 satoshi so that I can play for a long time. At that time, I don't think about winning, and I only want to know the game.
But I don't play poker because I don't know how to play and I think that will be too difficult for me to understand the games.
Dice is a good game that many gamblers use to invest in it but never dare to invest because I am not used to it. So I think we should choose I lt those games that we can play well to win for me those are cards and betting on sports it is good for me and also I feel easy playing it. Getting profit from any game is all about the interest of the gamblers. That is why many people like to play dice games because they don't' have to learn more details to win the games. Dice games itself based on luck, so no matter how high our skills if we don't have luck, we will difficult to win. Be careful to spend your money in dice games, don't use too big money. Otherwise, you will regret it later. Always remember that if you play dice games for a long time, your greedy will be bigger, and that will make you chase the win money. |
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The only way I see myself achieving financial independence via gambling is only via lotto.
There are minor chances but a good amount of money for the winner. All other gambling games are just a waste of money - you can't be profitable from them.
If you can achieve financial freedom in gambling, no matter what the gambling games that you played, you succeed in having big lucky in your life, and it will not happen to most people. People rely on the small chances to make money from gambling, but they don't know that the small changes will only work well with the luck factor. If we know how to use gambling for having fun, taking enjoyment inside the games, and we also remember to limit the money, we will not waste our money on playing gambling. It's all about how we can control ourselves not to using gambling games for a long time. |
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I am not sure if you can borrow money online, but you can borrow money from offline. You can try to borrow money from your friends or your families. But I think you don't have to borrow for more $860 according to bitcoin price now, but you can reduce the money to start trading, especially if you don't have good skills in trading. You can earn 0.1 btc from altcoin, but you should have the altcoin, and you need to sell at a higher price.
I think you need to work on your offline first so you can get that money to start crypto trading. But it is not easy to do trading because you need to learn to trade, and you will need to until you can understand about trading.
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You can diversify your portfolio in altcoin besides bitcoin because the more coins type you have, the big chance for you to make a profit from the bull run later. But unfortunately, we are hard to find what is the coin that we should buy because there is no sign for which is the right coin, and we can only predict for some coins that can increase.
I think you can search for the other coins and not focus on ethereum, ripple, because we have so many altcoins that you can buy. Many people say that ethereum and ripple can go to the higher price in the next bull run, but you don't have to follow them, or you follow them, but you only invest in some money. You need to find by yourself the coins so you can make a profit from the coin and don't just follow other people's advice without research.
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Having 10 years of trading experience will make you become a professional trader, and that is not easy to do because you need to have a big effort to always learn about trading every day.
I read about the article, but unfortunately, I don't use bots to trade. I prefer to trade manual so I can improve my skills to have better skills in the future. Besides that, I cannot always monitor the bots that I will use because I need to have a VPS which can run 24/7 every day. I don't trade every day, so that is why I don't use the bots.
Risk management is something that we must have besides money management so we can manage the money we will use in trading, and we can prevent the big risk that can happen while we trade. And I agree with your article, and the most important for me is having good control of the emotion will give us a chance to prevent the big risk.
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The only one that can make a living through gambling is the gambling house itself. Most Gamblers lose more money than winning. And I don't think it's a good way to earn a living since it's uncertain. Saving money is more chance to get a living
I do say "investing" money instead of "saving" money. Money saved in a bank don't really grow expect the few penny interest from the bank. At the same time, investing money in gambling isn't right too. Also, though many have made millions through gambling, on lottery precise but still, its not for everyone though. There are some who have made quite a lot of money in gambling too but it took them years of fails and practice to get it. Those "wasted" years is what most people can't endure or have time to spare. Investing money would be better than saving money because by investing money in the right thing, we will have a chance to grow the money so we can get more money. You can make some nice return by saving the money in the bank, but you must have saved in a lot of money, then you can get that return. Make a living through gambling will not give us the opportunity, but we can losses the money we have. Making money in gambling will work perfectly if you have big luck, but as we know the luck itself will not come to the wrong person. No matter how big money we use in gambling to win, we will see that the chance is not too big, and we can get in trouble because we risk that money. |
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It is called the easiest because of the rules of the game, it is not hard to undesrtand and that is why gamblers are preferable to play that kind of games. I'm a type of gambler who seek excitement and my favorite game is card games specially poker. There is an excitement when I playing that game because it requires gambling psychology and gambling skills. Playing poker with professionals is not something that you can imagine, the pressure and the excitement that I felt is crazy. I already feel different when playing dice games. In the first time, I knew dice games, I played for a long time, and fortunately, I don't use my money or my coins. I get a free coin from the faucet, and I use it for playing dice. And if there is no coin left in my account, I will go to the faucet and get another free coin. I don't use a big amount for placing a bet, and I remember that the amount is not more than 10 satoshi so that I can play for a long time. At that time, I don't think about winning, and I only want to know the game. But I don't play poker because I don't know how to play and I think that will be too difficult for me to understand the games. |
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Even if I won it, where would I get the money to house it, maintain it, fly it, etc? I guess that I can always re-sell it :-)
That's the issue, if you won it, the gov will pay for the service for the first 2 years, after that you will have to think about how to deal with it. And if you want to re-sell you will not be able to do it under the evaluation, which means you will need to find someone who wants to buy it for $130 millions. After 2 years, we must pay for the services. That will not for people who don't have much money. It is hard to sell the plane without knowing someone who has a lot of money. The plane is not like a car, a motorcycle which can easy to find the buyer. If I lived in that country, I would not buy the tickets, and I will use the money for another thing or save in my bank account. But I wonder who will buy the tickets to win the plane? How many of them have a big hope to win the plane? But it's interesting to know the next update with that lottery. |
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Hey guys. It's been almost two days that Bitcoin price stays still.
I am on the tipping point of whether or not to buy Bitcoin now around $8650..
What do you guys think?
I don't think that bitcoin will go up or down in over the night, but that could be possible as we know that bitcoin can go to any price without notice. We can only prepare for anything that can happen to the bitcoin price so we can be ready for the current situations, and we can decide what we need to do next. We need to be careful right now because bitcoin still up and down, and we know that bitcoin price yesterday goes down below than $9000, and the bitcoin price still at $8600 range price. |
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Although the OP said that the projects could go big, I don't think that it will be easy for all of that project the OP mention because that project needs to compete with the other projects that have the same possibility to increase higher. I prefer to select the existing project that already has a history so I can analyze the coin movements and get the right time to buy the coins.
But if the OP is sure about the projects, I hope that he can invest his money at the right time and get the lower price so he can make a big profit in the future.
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