I guess for me its kinda hard to stop especially when you're in a winstreak because you get tempt to bet more, probably because i've had a strategy that's why i keep on betting and even though i had won quite enough i still keep ongoing that's my problem until i lost most of it.
Well even though i lost, i dont get to emotional about it cause i know what i've gotten into is very risky and also entertaining
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There are a lot of workarounds for this regulations, the first one is UK citizens are only prohibited to use credit cards, but it doesn't mention anything about cryptocurrency. Secondly online gambling sites that are based on P2P crypto transactions doesn't require KYC(Know your customer) verification and most of them you can easily sign up.
This law will only make it worse for their people and their economy.
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That might be a bad idea to selloff altcoins now because currently the bitcoin dominance is slipping and most altcoins currently are outperforming BTC, you can refer to CMC.
A possible altcoin season might take place, still it would be good, to diversify investment to better take advantage in both halving and a possible alt boom.
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Sadly centralized exchanges offers security, liquidity and and insurance unlike decentralize exchanges that most likely hackable and could even go down and bankrupt. What we must do is put our crypto's on a wallet or like a ledger and only deposit small amounts cos we'll never know what CEX might do.
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Most of the games offered in online gambling platforms are casino types like black, poker, roulette, dice. Some gambling site offer different kinds of arcade games even RPG but most of the time, the most popular in these platforms are the standards, because they're simple to play. Of course if they're demanded especially with community requesting it, the game could be made. You only have to provide data like for example doing a poll vote.
This should be enough basis for gambling business to offer this kinds of games.
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You could hire software engineers to deploy your website in a different country and you can operate such online business in few countries that has no strict laws about online gambling platforms.
Although i recommend getting a license anyways because in the long run, it will be bad for a business that is not legitimate and customers might stay away from it. There are other disadvantage to it like getting sued through tax evasion, i know every government has law to that when you're setting up business. These are why, i suggest you to reconsider and get legal documents like license.
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Unfortunately i can't withdraw my funds on the exchange that i used because there's a withdrawal limit. So my crypto is just there stuck. It's really rarely to see that such trading exchanges has withdrawal limits.
I agree with the OP, this is one of the examples that if you deposit your money to exchanges then your money is monetized by them and possibly restricting you access of it.
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That depends on strategy of course there many methods to profit from a bull or bear market. If you like investing you could make profit in long term investment with a simple method buy low then sell high.
If you more on trading, you could try day trading where you can short and long but this involve lots of experience.
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Cryptocurrency investment has really some staggering gains, i've seen a guy here posted his recent trading gains about 20% all in one day. I also know some people who trades at stocks and but they only manage to gain 2-3% in a trade. Right now stocks is in a decline due to inflation.
This is not just my opinion as a crypto investors but this are all facts. I think in time cryptocurrency could become more valuable than it is today compared to fiat.
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I guess i'd consider forfeiting in gambling and accept the losses rather than continue playing than chasing losses we all know that when you are emotional and desperate, you commit series of bad decisions.
But if you still want to make bets, maybe bet on a higher percentage then roll and slowly generate revenue to also create a new strategy.
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Mostly it is because you earn money and the fun comes from winning, the giveaways, prices and jackpot that you might be able to win and thinking about it could end your financial problems. That's why most people gamble, but it comes with a high risk, you either become rich or get bankrupt.
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I think the mining industry in china will not be affected because most of their mining facilities are automated and only few people work their that's is isolated from city's. The virus only works if you get in contact with people and doesn't have safety mask and weak immune system.
The same goes for the ASIC manufacturers most of it are all machine there with little needed of manpower.
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Trading bots are great in my opinion of course because it let's you automate your trades while you're away like for e example taking a nap, do groceries, meet up with friends etc. You can now all do these without having to sit on a pc all day, if of course its properly coded and with algorithm's that is advance enough to know when to short or to long.
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Everytime i think about it, to live a life financially free but the struggles and methods to get there and to get out of the corporate ladder that exploit salary's while doing very complex jobs is close to impossible. I've been thinking in taking the road of a full time gambler but the risk are to great. If only there are success stories that people can really make a living out of it. Maybe, i'll try it also.
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Even if we invest it, in this environmental organizations. Corporations would still be destroying the ecosystem with their industrial mining machines. I think, we should look for more viable investment for our cryptocurrencies to actually mean something. Like what Elon Musk is doing, creating electric cars to stop pollution, research and development for renewal energy unlike corporations who mines our resources until the last drop.
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I agree, for me my personal favourites are the HILO and black jack games, well its doesn't necessarily have to only be two games, but basically also games that are pretty much simple to understand but not by chance to win it. It's kinda lame and boring for me to think so hard for a game and learning its complexity just for a gamble which is for to me just to have fun and take away all the stress.
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i saw a youtube video like how to cheat a casino but did know how to do that? and did you ever try it on another website to see how it works?
If there's something like a script or cheat to let you win everytime in an online casino then they wouldn't share those methods and keep it for themselves instead of sharing to other strangers. Most of them are probably malware or malicious script or just a gig to add revenue to their youtube channel's.
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Hackers and cyber criminals have discarded the use of bitcoin becauce its not really secured, as we know Bitcoin is only pseudo-anonymous you can still records of your transaction in the blockchain that can be cross reference in trading exchanges through api's, and darknet is mostly owned by feds now.
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Yes it seems that people now is choosing bitcoin as an alternative storage for their assets incase some global crisis might happen like wars, deadly diseases or a financial crisis.
It seem that more and more people are starting to recognize, crypto currency along with its revolutionary features and benefits as Bitcoin became the top investment of the decade.
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