Money laundering is the number one reason why we do not even have automatic withdrawals. It is not the only reason, people could try to scam and abuse a loop hole they find in the website so it is always important to have manual when we are talking about big amounts, but that is not a common occurrence as far as I know, whereas people who would do a money laundering scheme via crypto casinos would be very very common if there wasn't any KYC request and just automatic withdrawal, you could literally launder tens of millions of dollars that way.

Back in the day there was a 2000 bitcoin (even though bitcoin wasn't as high as now, it was still a lot of money) on an automatic withdrawal until casino realized what happened and stopped the rest, we still have to stop those as well as money laundering all can be stopped thanks to KYC these days.

Well, that is exactly what we have talked about. Same idea as free booze, in the casino world if you are not just a slot machine gambler with only small amount of money (like literally cents) then you are going to get free drinks on the house, for example go start playing at blackjack table and lose about 100 bucks per hour when you are there, after second hour you will be given free drinks, and unless you drink very fast and finish it under 5 minutes to ask for another one (looking like you are trying to win back your losses by drinking) then you will be given more and more the longer you play even if you start winning.

This is done to make you happy, make you stay for longer because you have a drink to finish (and as soon as you finish someone will show up with another free drink) and make you drunk so that you are not worried about losing more money and focus on having fun. Same thing will happen with weed as well.

There is no "why" in any strategy about how they suck. Strategy doesn't work in gambling, there is a house edge and as long as you keep gambling there is no way that you could actually win, you are going to end up losing. This doesn't mean that you can't have a win in the middle of the road, like let's say you start with 100 bucks, bet one dollar each bet, get to a million dollars, now you think that is a huge win right?

If you withdraw yes that's right, and if you just get out and stop that is right, but as long as you keep gambling with it? Then you are going to lose all of that million dollars.

So there is no strategy that works in the long run, if you ever want to gamble and walk out with money, you have to get lucky first and win something and then you need to stop gambling ever again in your entire life and cash that profit out and never look back, that is the only possible way.

Bitcoin doesn't seem to be doing all that great for now, not bad neither but not that great. For the altcoins to go 10x in the soon future we need bitcoin to recover as well. There is no scenario where altcoin market is booming and profiting everyone like crazy while bitcoin is still under 40k, which means that we should not be looking at bitcoin as secondary, that is the first thing that goes up. So in the case of all the altcoins going up, we should first see bitcoin at around 50k+ once again.

Enjin on the other hand is a project that promised so much yet delivered so little, I do not know why it has been like that but if they could actually pick themselves up a bit, they are definitely one of the "old" ones that could potentially give people a good profit, but so far the potential is there yet the actual action hasn't been taken by them.

We already do have a bear market, the price dropped 50% and that is a big bear drop, what more do you need before we can start to go back up? I am not saying that you are wrong, you are very much right that prices that go up a ton usually has a big bear crash that drops it a ton before it can go up again, which is what you said and 100% correct.

However what I am trying to explain is that we already had that fall, and we have been living with that fall for two months now, maybe we will live with it a few more months too who knows, but that doesn't mean that we can't have 100k in December, doesn't mean we will have it neither. Anything can happen in crypto, we dropped a ton which means we can go up a ton again, or we dropped a ton and we will drop some more, we dropped 50% already to 30k from 60k, nobody can guarantee we won't drop another 50% and be 15k neither. We just have no idea.

The difference between crypto going 100% in 24 hours and having a long term investment is that you could make 100x return without realizing. My friend just got 3600 dollars from some investment he made in 2017 back in the day, he invested only 50 bucks to it, he didn't check it or looked at it ever since, he is that kind of long term investor that goes out and buys hundreds of coins in 50 bucks and just leaves them be, he has thousands of dollars in btc-eth-bnb but aside from that it is all 50 bucks investments to over 100+ coins, probably closer to 300-400 coins by now.

Most of them are around the same price now, some of them are very low, some of them are totally gone and do not worth cents, but there are those rare ones one or two here that made him a huge return, the 3600 return was just a chance but at the end of the day he still made it.

First of all I do have targets before I start my investment. And I try to set targets with levels. First I start with what can easily be accomplished at the moment and then I move up high. And I also plan on how I’m going to execute the trade when I reach those targets.

So, what I am trying to say is that when I am trading any altcoin, I have a price in mind that I would like to sell at, and once I reach that level I look for the possibilities of that coin going up further, and I can decide to continue with the holding, sell part of it , or sell all. So, you have to be calculative, and also do your analysis, because that’s what is going to help you decide.

The even bigger news is that there is a talk about Varane possibly leaving, it is not sure yet and Real is trying to keep him at all costs because they do not want to lose two defenders at the same off-season which would make things harder, but Varane does want out, that much is known, yet he can't just walk out considering he needs to find another team to get him.

On the rebound of Ramos deal, Real Madrid is in talks with Leicester, the biggest talk is Wesley Fofana, that is what people are expecting to come out as big news soon, but we just know for sure they are in talks with Leicester it is that much, by all means it could be for any player in Leicester, but we all know they need a defender so it is either Fofana 90% chance, or there is a chance they may go big and buy Caglar Soyuncu who has been amazing at Leicester for few seasons now and worths around the same as Fofana. We also know they got Alaba as well, so that is not a bad deal already.

The Belgium vs Italy game is a shame, they are both amazing teams and one of them will be gone already, that czech vs denmark could have been mixed with the other game, that way we could have seen Belgium and Italy on semi finals at least, however considering how much we are shocked with the results so far, we could have even seen underdogs win in that case as well who knows? Logically speaking Spain should win, but who knows anymore? Like anything could happen at this point and we have seen very shocking results, which is why I am very afraid of betting, I still do put up like 10-20 bucks each game but so far it has not been great for me.

It is at least fun, so I am not going to complain too much, I can work and earn money back, but fun is something rare in this world unfortunately. England however is one that I am definitely sure, they will definitely beat, I will put a good amount on that game.

Not that anybody can guarantee that this downtrend is a short term one, but nobody can guarantee it being long term neither. You are saying that people will be taking profit like it is a known thing but nobody could know what other people will do like that, you can guess it but the other guy is making a guess as well. This is why these are all speculations, maybe suddenly we will start going back up and in a month be over 60k again, maybe we will continue to go down and be under 20k in a month, either could happen and they are both equally possible, one is not more possible than the other.

This is why we are trying to make guesses and predictions, not claim it like we know what is going to happen, because that is just insane, if you are 100% guaranteed know that bitcoin will go down, sell every single possession you have until you only have the clothes on your back and nothing more and go short bitcoin, will you? No. Why? Because it is not guaranteed, it is just a guess.

That is not a simple advice; you must made a concrete suggestion for beginners to avoid all the frustrations .
Yeah, when a newbie is not ready to put all their time and efforts then definitely crypto trading is not for them. They must quit immediately once they realize this point.

I understand you are referring like "if not today then how in future"; okay, continuous learning is very much needed thing for sustaining success in trading but for beginners they should have learned all the basics and must have practiced on demo accounts at first hand.

It is a logic which worked perfectly for first two halving then why not for the recent halving? 4 year cycle of bitcoin market is set of events like halving happens in the mid of year and then by year end bulls come to action and then next year fully dominated by bulls and then bears come to action in the following year and then sideways market happens for 3 year and then again another halving will come in the 4th year.

So, if you are good and able to recognize some patterns on which how market trades then you can plan up your long term holding. Honestly I did not make use of such pattern of market because I needed to watch and test for last halving but planning up for this time ATH and waiting for December month .

Before 2030, we will have 2 more halving and we cannot predict how many countries are going to adopt bitcoin as legal tender hence in 10 years anything may happen but in quick and rough speculations we can say bitcoin will worth more than one million dollar by the times of 2030. If you plan to invest in bitcoins with the plan of holding till 2030 then definitely you can go without any hesitations.

By 2030, bitcoin will have completed 2 decade of time since its genesis block which means bitcoin might have grown as an adult from being kid till now. Adolescence phase is always known for its "too activeness" which can be expected from bitcoin as well by the times of 2030 .

I agree with the replies, we already had a huge bull run and even though we may yet still see a good increase in the near future, I doubt that a huge bull run that goes on until end of 2022 doesn't seem plausible at all. I have been right before when it comes to crypto and I have been wrong as well, I am not 100% right nor 100% wrong when it comes to predicting, so far I have been "fine" with my predictions.

However even I can tell that an increase that goes until end of 2022 is unlikely because that is just way too long, if we didn't had a big increase recently I would say that it is possible but the reality is that we already had a year long increase, so what you are saying is a whole year of increases and a few month of bear followed by over a year of bull run once again, to sustain that we would need the whole world banks to shoulder some load which I do not see happening at all.

^^ I don't get the hype around Messi maybe playing for some other team. Let's be honest he is not going to change a team so much that suddenly that team which was nothing will become a UCL champion, if he could have done it he would have done it for Barcelona, dude is just way too old to carry a whole team all by himself. Plus he played for Barcelona for 20 years now (and more considering his youth team years), why would he leave and why would you want to see him leave? If it was to get him to your own team, you are going to have to pay INSANE amount of money for a player who will not change your team that much, I wouldn't want him on my team at all (not like my team could afford him even if they wanted to) so it is a weird situation.

It is not about not increasing even for people who are selling, even they know that it will increase. It is about "when" and "what before" which are two very important things and I understand their approach. I do not sell my coins that easily, it would have to be like some health emergency in a hospital thing for me to sell (which did happened before) or some other investment I believe (which happened recently) and I would definitely understand the situation.

However when it comes down to panic selling in crypto, those people are not doing it because they think the price will not go up ever again, they know that it will, but they want to get out right now, buy back later when it hits bottom and then sell again when it peaks. You can of course hold your coins as well, but the "trading" aspect of crypto is there for them to make a bit of extra money if they are right.

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I don't think demand can determine which one suits you. I mean some people are naturally good at sharp actions and will always benefit from the ever-fluctuating crypto market while some people are not so sharp but they have the ability to stock with one thing and proceed slowly which tends to suit the stocks market.

If you think you can play around with the fluctuations then go for crypto trading, if you feel like the fluctuations are playing with you and your trades are closing out in a negative balance, don't do it.

Haha indeed, the coins will remain the same but their value will skyrocket and I agree that any price under $500k might be an underachievement given that we have already reached the $55k-60k mark within this year itself.

Yeah, 10 years from here must be too far away and speculating something for such longer period may not produce appropriate contents as lots of future things we must need to consider and include for getting at least 50% accurate speculations. Still, I agree for anything above one million dollars by 2030.

I think predicting the price or the market is near impossible for the next 10 years. Given what has happened in the last 10 years, I would say either Bitcoins would have become the mainstream payment option or it would have been replaced by dominant crypto altogether in the next 10 years because there shouldn't be anything in between. Everyone loves the blockchain technology but some hate bitcoins so either a new coin replaces everything or everyone just accepts bitcoins finally.

As for the price, I am expecting half a million dollars in 2024 when the next halving is expected to take place so maybe a million dollars is a realistic price for 2031. I won't hold for that long though, honestly because I have planned to sell everything in 2024 and from there on, either I will quit the market completely or will just press the reset button.