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921  Economy / Gambling discussion / Re: Have your own casino. on: November 05, 2023, 05:56:39 AM
I used to dream of building my own casino but as soon as I realized it would make a lot of money, I didn't go through with it. I don't have much money and even though it is a crypto casino, it still requires a lot of money.

We must realize that having a lot of money is a must in starting a business. Even though we can start with sufficient capital, it will never be enough because if we grow the business, we need additional capital. That is why only people with a lot of money can build casinos. They continue to try to grow it until now and this is proven by several old casinos that can still operate today.

And lucky those who can find investors willing to give them large capital to build their casino. They can also build the casino together with these investors.
922  Other / Beginners & Help / Re: First buy Bitcoin as a newbie, good way to start. on: November 05, 2023, 03:39:09 AM
People who want to buy Bitcoin must have their own way. And your method is good for those who want to invest in Bitcoin. They can follow the method you have used so they don't need to delay buying Bitcoin.

By purchasing Bitcoin in the minimum amount allowed by the exchange and doing it regularly, they can immediately own Bitcoin. And they can also continue investing in the DCA method while learning more. However, most people will still delay investing in Bitcoin due to various considerations.

Maybe they will invest in Bitcoin once they are truly ready. Who knows when they will start becoming Bitcoin investors? Only they know. The important thing is, before starting to invest, learn the basics needed so that they can make the right start.
923  Economy / Gambling discussion / Re: Tips on staying responsible. on: November 04, 2023, 02:34:50 PM
That's the scary part of gambling, when you win once you will want to win more, this makes people leave the money they won on the platform thinking they can keep increasing the amount but they eventually lose everything, this also happens in trading too, I have seen people who blow up their account because they got greedy.

The smartest move anyone can make when trading or gambling is to always secure your wins, once you get lucky you are to withdraw the money off the exchange or the gambling platform and keep using the amount left to take risks, but people don't listen like you said, they always want to satisfy their minds.

There is nothing I haven't seen when it come to gambling and trading, but most of the lessons I've learned don't actually happened to me, these are lessons I learned from friends and those that are close to me, it's easy to make mistakes in gambling but the only way you won't put yourself in danger is if you don't risk too much.
Yes, you are right because with the victory they have obtained, they become more greedy. And that greed will become big if you don't try to control it. And the way to control it is to immediately stop gambling and leave the casino and don't look back. You must overcome this greed so you are not harmed and can enjoy your winnings.

Securing winnings, whether from trading or gambling, is a must to appreciate what we have earned. We cannot hope to get more wins from gambling. For this reason, we must really try to control ourselves while gambling and be able to get out of gambling on time.

We can take lessons from the people closest to us so we don't have to experience it. We can prevent bad things from happening to us from this lesson, and this will increase our awareness of being more careful. At least, we continue to try to gamble responsibly and not exceed limits.
924  Economy / Trading Discussion / Re: Tips to Follow traders/scalpers (who use Stop Loss) on: November 04, 2023, 10:04:54 AM
I've never done copytrading on Binance so I don't know about it now. Even if you participate in copy trading on any exchange, you must still have analytical skills to keep up with the market. You can also place a Stop Loss if the market changes direction so that your losses are not large.

I don't know if any signal provider uses stop loss. I prefer to trade based on my analysis to learn more about trading. You should learn more about trading analysis so that you don't depend on other traders.

By having good analytical skills, you can determine when to trade. You can also improve your analytical skills by learning more. It would be more feasible to do it because at least your analytical skills can improve.
925  Other / Beginners & Help / Re: Bitcoin, when to buy on: November 04, 2023, 08:31:33 AM
The best time to buy Bitcoin is when the price is low. You can use the DCA method to buy Bitcoin so you don't think too much about its price movements. The DCA method is the best way to accumulate more Bitcoin at various prices. The important thing is that you can regularly buy Bitcoin with the same amount of money.

By using the DCA method, you can be sure to buy Bitcoin for a certain period. Now is still the best time to buy Bitcoin, especially if there is a deeper decline shortly.

You don't need to rush or worry if the price decreases because it is a bonus for you so you can buy more Bitcoin. We've seen it dip so often that it's a good time to buy it.

What we have to pay attention to when using the DCA method is being disciplined and routine in buying Bitcoin. And even if we buy it when the current price is higher than yesterday, that's okay because our target is long-term.
926  Other / Beginners & Help / Re: Lost of my capital has made me to have a change of mind about Bitcoin . on: November 04, 2023, 07:25:04 AM
There is no best strategy for trading without losing initial capital, as all gamblers have probably experienced it. Some traders have even lost all their initial capital so they have to start all over again. But that doesn't make them despair because they can learn from their experience. They decided to practice and practice their trading more actively to improve their analytical skills.

You also have to be able to practice your analytical skills by trading. But you should also know that trading is not for everyone because many cannot learn more about trading. If this happens to you, maybe you should focus on the investment so you won't be watching the market too often. You can use the DCA method for your investment.

If you still intend to become a trader, you must be able to learn to analyze. As traders, we must test our lessons more often to find what works for us. And that takes time. There is no quick way to become a professional trader.
927  Bitcoin / Bitcoin Discussion / Re: Would you rather make your investments in FAIT or CRYPTO? on: November 04, 2023, 05:34:09 AM
Yes, I prefer crypto, especially investing in Bitcoin over fiat. The profits I can get from investing in Bitcoin are much greater than in fiat. Even though there are fiat-based investment offers, the profits will not be as big as investing in Bitcoin. I have seen and compared investment offers, even investments in banks.

If you invest in Bitcoin, your investment can increase greatly. Even though there are times when the price of Bitcoin decreases, that is a process that every Bitcoin investor must go through. Later, they will see the value of their Bitcoin investment increase again.

Volatility is a part of crypto, and we have seen it often over the years. So if we are used to volatility and can even get moments in our favor, we can get additional profits. But I also keep fiat in the bank for daily needs and not as an investment.
928  Economy / Gambling discussion / Re: Tips on staying responsible. on: November 04, 2023, 03:22:37 AM
Yes logically it is better to make money elsewhere or not in gambling, not even a better sentence but "should be in other places" Let gambling only be made as a place to find entertainment or fun if you like gambling.

But several times I met people who have impulsive nature in their gambling are difficult to remind, stubborn and also feel confident with what he is doing is the right thing and like gambling will bring the sun to his life, they will listen to us when they have lost everything.
Gambling responsible is a way to avoid addiction, and self -discipline is a way to arrive at that point.
I also often meet people who gamble frequently and don't want to listen to advice from us or the people around them. And yes, they are stubborn and believe they can win from gambling. If they are honest, they cannot get any winnings because even if they win, they will use the winning money to gamble again.

Somehow, they still believe in making money from gambling. Even though they also know that there are friends who often gamble and also experience big losses, they don't seem to be afraid if they are the ones who experience it. They think it's someone else and not them but in reality, they can experience it too.

We can gamble, but we must really be responsible for gambling. Gambling without boundaries and responsibilities will only make things difficult for us and result in losing more money. That is why we must always be careful and responsible when gambling.
929  Economy / Gambling discussion / Re: Gambling and it effects on: November 03, 2023, 03:16:57 PM
We don't need to see gambling as a major source of income because that can have a great effect on us when we always try to make profits just to pay our bills and other expenses. Gambling is meant to be a side hustle not what we are going to put all our hope for our daily living. When we see gambling as a major source of income, it could make us become too desperate and gamble too frequently with a consequence of becoming an addict if we are not that careful to moderate the way we bet on a daily basis. It is important for us to have gambling plans and follow so that we are not going to be misleaded.
Gambling is not a side job that can provide money but gambling is entertainment. Even though we have the opportunity to make money, it won't be easy, especially as many people have failed to try. We have also seen the effects of gambling on many people so we don't need to try it.

If we try anyway, we are taking the risk of losing money. And it also doesn't guarantee us victory because defeat will come to us. If we could be wise in using gambling, we would only use gambling as entertainment and nothing more.

We don't want to see the effects of gambling happening to us. If that is what we want, we must be very careful in using gambling. We also have to be responsible gamblers when gambling so that no effects can arise and come to us.
In fact, everything is simple, before placing a bet, we must be ready to lose it forever and imagine this situation. And if this happens, then calmly close the game and go about your daily business without thinking about it. The difficulty here is that in practice this does not happen. For many, losing comes as a surprise, as if they should have won 100% of the time. Sorry, but this looks like childish naivety. Next time, if someone is thinking of placing a bet, I advise them to do what I wrote.

I treat betting as fun and very easy, so I have no problem with it. Of course, all this came with experience, before that there were wild bets, which I now remember with a smile.
If we can accept whatever the outcome is and are prepared to lose that money in gambling, we can keep gambling. Most people would say they are ready for whatever happens. But after they get a lucky loss, they start to falter and are not ready to see the loss. They will become increasingly eager to gamble and recover their losses.

They will not be able to cover their gambling, especially if they have experienced a losing streak. Their ego will stop them from stopping at that point and will instead lead them to continue gambling. That's what makes them lose more and more money. And if they remain unaware, they will lose more and all their money will be gone.

We should not experience things like that, especially if we have already experienced them. That's why we have to have clear boundaries in gambling to prevent losing. Apart from that, continuing to learn self-control can help us not to experience more defeats.
930  Economy / Gambling discussion / Re: Difference between crypto gamblers - regular gamblers on: November 03, 2023, 01:19:55 PM
For now, crypto casinos have become like fiat casinos because crypto casinos also ask their users to do KYC. The difference between crypto and fiat casinos is the same, especially since regulators are still trying to supervise crypto casinos. Regulators thought that crypto casinos, with their anonymity, were becoming a place to conduct illegal activities so regulators felt they needed to start monitoring them.

The difference may be seen in the bet amount where when someone uses 1 satoshi to bet on dice or HiLo, they are using a very small amount of money when compared to fiat casinos where there is a certain minimum amount that the gambler must use. But I didn't think about the difference between crypto casinos and fiat casinos. I also don't gamble at fiat casinos and only know crypto casinos.

But we can agree that crypto gamblers will be more aware of the dangers of scamming than fiat gamblers. That's because many crypto casinos scam and deceive people. But crypto casinos and fiat casinos can both lead people to gambling addiction if they cannot control themselves.
931  Other / Beginners & Help / Re: Don't look for investment, just hodle! on: November 03, 2023, 12:10:24 PM

To avoid all this,  it become paramount to only abide by one rules which is to keep Bitcoin in your wallet and stop looking for investment that are centralized to reduce your risk.

Just a friendly advice!

For those that are very financially stable, they can afford to keep Bitcoin in their wallet and hodl but I think this might not be that applicable to an average person that is looking for any slight opportunity to top up his earning.

Although I personally feel that it's best to dedicate a particular amount you own for the purchase of Bitcoin he can hodl in wallet while you try out some short-term investment with your other funds.
If the investment pays off, that's good but if it doesn't pay off you still have your reserved bitcoin to hope on.

This is just my humble opinion though!
It would be better for them to allocate some money to buy Bitcoin and store it. This will give them the opportunity to see the development of the value of their investment. So far, Bitcoin has satisfied small and medium investors because when the price of Bitcoin increases, they can make big profits. We don't need to compare it with big investors because they have more money than us.

We have to think about our investments and if we are committed to becoming a Bitcoin investor, we have to set aside some money to buy and hold Bitcoin. And when they already have their Bitcoins, they should keep and hold their Bitcoins in their personal wallets and not store them on exchanges. That will protect them from hacking and other problems.

Using DCA is a good strategy for beginners or for people who don't have a lot of money. They can start investing in Bitcoin at any time, regularly buy Bitcoin, and hold it in their personal wallet.
932  Economy / Gambling discussion / Re: Tips on staying responsible. on: November 03, 2023, 09:05:41 AM
So anyone who is looking for money in the casino is the wrong principle and until whenever the person will be a person who is naive if thinking like that, then then people who seek fun in gambling will be more mature and can gamble responsible, people who have awareness of a gambling And the casino will not give crazy money, they will be more aware of the games that are done and they will not be easily mentally broken when playing so they can control their procedures both in a state of winning gambling or losing gambling.
Those looking to make money at the casino will realize they have little chance of making it. But that won't stop them from continuing to try because they see there is still a chance for them to win the gambling game. But the results will not be good according to their wishes because, after all, it is gambling.

They should make gambling entertainment and not force themselves to chase victory. That is something they have to pay attention to and be aware of so that they only gamble because they want to have fun and not make money.

It would be better to look for money from other places because they would get more opportunities than gambling. And we who must try to become gamblers are responsible for ourselves and must prevent gambling addiction because it will be harder than we imagine.
933  Bitcoin / Bitcoin Discussion / Re: how secure are your telling fellow wo/man about this forum and bitcoin on: November 03, 2023, 07:51:07 AM
Sharing this forum with others or keeping it to yourself is your own decision. You can introduce this forum to people you trust so they can learn more about Bitcoin. This forum has a lot of knowledge about Bitcoin and you should focus on teaching it about Bitcoin. It could open his mind to learning more about Bitcoin rather than looking for it on the sites.

He could read more knowledge he needed from this forum. The important thing is that he can get more correct information regarding Bitcoin and others. Once he gets it, he can decide what interests him so he can focus more.

We'd better give them the hooks and let them look for the fish. We cannot accompany someone who wants to learn because if so, he cannot develop. So let him find what he wants and we can watch him while he tells him.
934  Economy / Gambling discussion / Re: Stop the self entitlement claims on others gamblers winnings. on: November 03, 2023, 05:13:34 AM
There is no obligation for a gambler who wins a lot of money to share it with others. It is based on his own conscience. If he wants to share or let's say donate, that's also up to him.

People should also know they should not ask the winner for a small share, especially if they don't know the winner well. But whatever it is, it should not be a burden on the winner that he "Has" to share with others. Don't think too much about it because it's not a big deal.

Do what you want if you are the winner. And if sharing with other people makes you feel comfortable, do it. But if not, don't tell other people about your winnings and keep it to yourself.
935  Bitcoin / Bitcoin Discussion / Re: Is It Late To Invest In Bitcoin? on: November 03, 2023, 03:09:20 AM
The current price of Bitcoin feels too expensive to buy but that doesn't mean you can't buy it. Investing in Bitcoin does not require someone to buy 1 BTC directly. They can buy it in small denominations. If there are people who want to buy Bitcoin, they can start now before the price of Bitcoin increases.

There are still many people who buy Bitcoin using $10-$30 per week. It doesn't matter to them because they try to collect Bitcoins by buying them little by little. As long as the price of Bitcoin has not increased, they can still collect Bitcoin with that kind of capital. And they can earn more Bitcoins later.

Avoid being tempted by low-priced altcoins because not all altcoins can increase. Many people think that instead of buying Bitcoin with small capital and getting a small amount of Bitcoin, they are better off buying altcoins at a low price because they can get a larger amount. But that doesn't guarantee they can make a profit in the future.
936  Bitcoin / Bitcoin Discussion / Re: Do not share your bitcoin holdings with everyone on: November 02, 2023, 04:17:47 PM
I agree with what @OP said. We can't take risks by telling how many Bitcoins we have. We don't know who is good and bad so we can only be careful. This is not only for Bitcoin ownership but also for ownership of other assets.

We have to be careful not to arouse evil intentions from people we don't know. We should just act as we are and if we want to teach Bitcoin to other people, we just teach what we know and don't need to show them how many Bitcoins.

In addition, by hiding the amount of Bitcoin we have, we can stay safe. No one will be suspicious or have evil intentions. It's better for us to be ordinary people who don't invite any suspicion from people.
937  Economy / Gambling discussion / Re: Advice when you are going a bit far in gaming and betting on: November 02, 2023, 02:24:52 PM
It's quite difficult to give them an advice about setting a budget if we are aware that the gambler is having an addiction, possible they can't control their spending habit as well as their self. They need an assistance and support from the medical experts as well as from their family who really cares about them. though it is a situational issues, It's better to at least giving a try to set a budget also seeking medical help so that gamblers can make a better decision for theirself.
Those who are addicted to gambling don't want to listen to advice from anyone, especially when they still have money. They will only listen to the voice of greed telling them to gamble. This requires hard work from the people around them so that people who are addicted to gambling can realize that they have a gambling addiction.

If they can and are willing to realize they are addicted to gambling and see what is happening to them, it will be easier to counsel them. They may be more likely to listen to what the people around them say and be willing to undergo further examination to determine the type of therapy.

That is why, before we experience gambling addiction, we must limit our gambling. We can do all the things we can to prevent us from experiencing gambling addiction. And if we are really serious about it, we will not get too deep into gambling and will not experience any problems.
938  Bitcoin / Bitcoin Discussion / Re: Bitcoin Whales moved $230 Million to New Address on: November 02, 2023, 01:25:00 PM
I can't imagine how these whales feel seeing Bitcoin's journey from the beginning of their ownership of Bitcoin until now. And why are they only now starting to move their Bitcoin? Is it because of speculation about Bitcoin price rising above $100k?

Or they want to create a sensation among other investors, especially because we don't know who owns the Bitcoin. But that could be their thinking so they can immediately sell their Bitcoin and take the profits. But whatever the reason, only they know and we can only guess.

Will this make the price of Bitcoin increase or instead raise concerns that the price of Bitcoin could decline further? No one knows. Well, let's just wait and see what happens next.
939  Bitcoin / Bitcoin Discussion / Re: How will it affect your life if Bitcoin price comes to zero per Bitcoin one day? on: November 02, 2023, 12:26:01 PM
Maybe I would be surprised to see the price of Bitcoin reach zero per Bitcoin. That means Bitcoin is no longer worth anything. But that does not means I'll just throw it away but I'll keep it. Who knows, the price of Bitcoin could increase again and could even rise higher than before.

But with the development of Bitcoin as it is now, the price of Bitcoin will not reach zero per Bitcoin even though that could happen. But it seems difficult and I hope you are not pessimistic about it and remain confident that the price of Bitcoin will increase very high in the future.

But all possibilities can happen because nothing can last forever in this world. But instead of thinking about things like that, you should use the time now to have more Bitcoins. That will be better for you because you can have the opportunity to make big profits later.
940  Economy / Gambling discussion / Re: Gambling and it effects on: November 02, 2023, 10:13:07 AM
We don't need to see gambling as a major source of income because that can have a great effect on us when we always try to make profits just to pay our bills and other expenses. Gambling is meant to be a side hustle not what we are going to put all our hope for our daily living. When we see gambling as a major source of income, it could make us become too desperate and gamble too frequently with a consequence of becoming an addict if we are not that careful to moderate the way we bet on a daily basis. It is important for us to have gambling plans and follow so that we are not going to be misleaded.
Gambling is not a side job that can provide money but gambling is entertainment. Even though we have the opportunity to make money, it won't be easy, especially as many people have failed to try. We have also seen the effects of gambling on many people so we don't need to try it.

If we try anyway, we are taking the risk of losing money. And it also doesn't guarantee us victory because defeat will come to us. If we could be wise in using gambling, we would only use gambling as entertainment and nothing more.

We don't want to see the effects of gambling happening to us. If that is what we want, we must be very careful in using gambling. We also have to be responsible gamblers when gambling so that no effects can arise and come to us.
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