Did some of you before got addicted like my friend but already stopped playing those kind of game and what are the reasons you stop playing online gambling?
Spending time playing online games me be a reaction from your friends because of they have too much time on their hands. Talk to them about getting a hobby or a job and if they need help get someone trusted to confine in them. As for me I have never got on addicted to online gambling I know the consequence of it from looking at those who already done addicted. |
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what's the best strategy to make money in crypto?
can be on casino or other ways too, let me know in the comments
Strategy to make money on crypto is to follow the rules of responsible gambling. If you follow the rules of responsibile gambling at least you will not be chasing your losses. Another best strategy for making money in gambling is to bet on games that you have domain knowledge in. If you do otherwise, you'll lose a lot of money. Take advantages of bonuses and promotions but read their terms of service in between the line to get the full gist and save yourself from any stress. |
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>To buy land (plots/real estate) or to buy Bitcoin? Buy land o...then make you dey invest small small for bitcoin. You nor go fit buy land small small and as you buy am, the value don increase if to say you want sell immediately na at a higher price. You fit to dey invest small small for bitcoin and nothing go you. And even sef by the next 10 -20 years you go still get your land and get your bitcoin. In my estimation, that one na win-win. Make we use our head. |
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The best strategy is to find the highest paying job you can and then use those funds to buy crypto. The next best way would be to find a job that pays you in crypto. The most popular around here is probably signature campaigns, but I know a lot of people hunt for casino reward schemes as well.
This is straight-up the best reply. I couldn't think of anything else. While it may take some time to find a highest paying job, one can build very highly marketable skills and work their way up from there. There are people who have done this and it shows that it is possible. Signature campaigns may not also coming in as fast as some wants and may also not be consistent but that works perfectly too. |
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My best advice to any new casino player is found here in this Livecasino.io page on responsible gambling/gambling. Responsible Gaming
At Livecasino.io, alongside, our sister platforms Bitcasino.io and Sportsbet.io, we offer a platform and services that enable our clients to enjoy gaming and betting. We aim to provide you with a safe, secure, regulated environment which will give you a pleasant and rewarding experience. We encourage our clients to use our services responsibly and in a reasonable manner.
Gambling of all varieties has been a popular form of entertainment for many years. Here at Livecasino.io, Bitcasino.io and Sportsbet.io, we encourage it to be exactly that, fun. We also encourage our customers, while having fun, not to allow their gambling to affect their usual daily routine or time spent with family and friends. Making sure that the money they spend is set aside for leisure time and not for other purposes. It is very important not to rely on paying for life's necessities with possible gains from gambling, as this is not guaranteed in any way.
While most customers do gamble in this manner, we do understand that a small minority of customers can develop problems with their gambling.
At Livecasino.io, Bitcasino.io and Sportsbet.io, our customer's wellbeing is of utmost importance. We take our role within responsible gambling very seriously and recommend that you:
Treat your betting and gaming as a form of entertainment and only use money that you have set aside for your entertainment.
Do not bet or wager amounts larger than you are comfortable with.
Do not bet or wager with money you cannot afford to lose.
Do not chase your losses.
Do not let your betting and/or gaming take up time that you would usually spend on other activities. I hope it helps any new casino player that has or will read this. |
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If this becomes mandatory, do you think it will be effective, and will other countries follow Greece's lead in protecting their children from harmful online activities, such as online casinos?
Well! Well! Well! finally something that could have some potentials to mitigate against underaged gambling. It will not stop it completeling but we would see the numbers go down. But this has to be measure to test its effectiveness. Researchers must right now collect baseline data and test again after six months of its launch. Another important question to be asked if, should there be any penalty for parents who default, that is they knowingly allow their kids to gamble for whatever reason? |
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If you want to invest in a long term profitable asset and you don't have a discretionary fund you can do the following. Cutdown on your basic expenses if you can, get a better paying job, get a side hustle, learn profitable skills, do what you can to earn more than your basic expenses.
In my estimation, there is no one-size-fits-all approach to investing in bitcoin. That is one of the many lessons that I have learned as I continue to stay and grow longer in the community. The truth is that people are at different points in their financial journeys. Some have it planned out and some have not. Some are taking a leap of faith. Whatever it is just be guided by the fact that investing in bitcoin is playing a long term gain and not a short term. In addition, also know that there could be two outcomes, first is losing everything and going down to zero not because of the market but to scammers and hackers and the other one of course where none of this happens and your investment triples. |
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How is it in your country ?
I feel so left behind. I did I miss this super important conversation. I hope y'all will forgive me because even though it is from over 3 months ago, I have to drop my two cents on this topic. In my country, officially, you cannot do any business transaction in bitcoin. Therefore it means that you cannot buy a house in bitcoin. But unofficially, yeah, you can do that. It will be just like a P2P transaction. Just you and seller and everything goes on well. And if you want, you may want to include a lawyer just incase. |
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How will you know a reliable casino to bet on, I don't think there is any reliable casino all casino are the same prove me wrong if all casino are not the same?
Have been betting in different casino for a very long time now most of them when I want to cash out they will lock your cash out, most at times you bet on five games if three play the cash out will not even get to half of the total wining.
Start on the forum. Start with the casinos here. That's the first step to know reliable casinos. You will read their raw reviews here. It should give you an idea of the onces to bet in and the ones not to. That's the easiest. Another way is just to read their terms of service before placing any bets. Read in between the lines, you'll know. |
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How about you guys? Did you go through the same thing when you were just starting out?
For me, it’s just part of the process, and I’m already okay with it now.
It was the same with me. I started out just gambling. And for me it was a win or a loss. I never thought about any other external factors that came into play like the house edge. And to tell you the truth many gamblers are not even aware of what an house edge means. Back to my story, it wasn't until I started to visit and read the discussions here on this board that I finally got to understand what house edge means and it helped me to curtail my gambling activities. |
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Is it really that bad if someone uses a sold KYC account just to gamble, especially if they’re not doing anything illegal with the funds?
Do you see this trend as dangerous, or just the natural result of over-restrictive rules?
This is the more reason why the casinos are become more suspicious of users and they waste no time in restricting a user. This is bad and I do not encourage it in any way whatsoever. And for those who buy KYC accounts, it is just as bad as cheating even if you have no ulterior motives. It is wrong. If you do not want to submit your kYC document, look for the alternative casinos that do not have a strict KYC submission requirements. This same thing applies to those who are in regions that are restricted. There are other options and they are legal. Casinos are business places and will not want to lose money that is why they frown at this. |
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Football also known as soccer is what I generally bet on. Though not often but it is my go to sports game for betting. There are many reasons for this. First, it is like the national sports in my country. Second, almost everyone that I know who gamble bet on football. Third, it is the most highly marketed sports games for gambling operators in my country. For the longest of time, I have always wanted to try out horse racing, a very unfamiliar sports in my region but I am yet to sit down and do my research on it despite having some conversations here with those who bet on horse racing.
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- Do you agree that sports betting has more staying power than other games?
I agree that sports betting has more staying power than any other games. It is here to stay because when of the bet platforms advertisement promotes sports betting more than any other game. And in my estimation there are more people interested in betting on sports than in the other games. [/li][li]What do you think keeps it popular, and if you bet on sports yourself, what’s the main reason you do it?[/li]
[/list]
the growing viewership of sports is what makes it popular. In addition to this, the growing gambling industry too and acceptance worldwide. |
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Now my question is, why do a lot of people complain that saving is too hard for them? Well reality hits that inflation is inevitable, but does it mean that people can only save if there is no longer inflation? Or is it that people actually adopt the wrong mindset towards saving their money?
Saving is actually hard especially if you are a low income earner or just earning around the minimum wage without any prospects. To add to this the economy makes it even harder. It is not the wrong mindset towards saving, it is the stagnacy of income and other economic factors of prosperity that hits hard on us. There is no longer middle class anymore because that line has been erased by very harsh economic policies that has brought about inflation and the recession that has no end in sight. |
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~... ~
I think majority of the people are poor because that is how the government made it to be. It may sound like a conspiracy theory but people who are poor would defend on the government for everything and that is called control. Where the government loses control there would be chaos which is why I think that poverty would continue to exist even if Bitcoin becomes globally accepted. |
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We had a talk about Bitcoin and I asked why he is not in bitcoin yet he said the Internet says is money suited for crimes I did some research myself and I found the same thing online.
Tool for illicit activities: Bitcoin's pseudonymous nature and decentralized structure have made it a favored tool for criminals involved in money laundering, terrorism financing, drug trafficking, and ransomware attacks.
This is why my home boy don't want to get involved with Bitcoin, I don't want to say much because I am considering his age, he is still 14 years old and he is spending money on useless things, it was where the idea came from, I mean the whole talk about Bitcoin.
I told him that Fiat is more suited for crime than Bitcoin, dirty politicians can have money move around in fiat and hide it because they are in power but the blockchain is public, is there any point you guys can contribute to add up?
There is so much misinformation and wrong information on the internet and the ability to sift through the ones that is correct and the one that is wrong is it still there should be developed. In Bitcoin for beginners once you see an information that will cause more than once you know that it is the correct one compared to the one that is just occurring one time. This is for people who do not have the quick help they need. It was one of the ways I found my way around Bitcoin information on the internet. |
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The coin sent to the gambling site address on another network is not lost, the gambling site has the private key that can be used to access the coin.
ERC20 and BRC20 generated on the same wallet will have the same wallet addresses. So the coin is with the casino and they have access to it.
Great explanation, I never that it is recovered. But another question that comes out of this your response is that, if that is the case, does the casino reach out to the player about being able to recover it if they ask or they just let the player send another crypto? |
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So how are Nigerians handling this? Do you trust your spouse, siblings, or children with your private keys now? Or do you have a system in place for them to access your Bitcoin later? Is there even a safe way to do this in our environment where scams and mistrust are common?
I’d like to hear different views, what’s your personal plan for Bitcoin inheritance in Nigeria?
Well, I am yet to hear of any Nigerian bitcoin holder who died and his bitcoin was an issue. Those type of people do not die. And I wouldn't even think of that now. The buys will big bitcoin holdings already have things put in place to ensure that whatever happens their bitcoin will not be lost to the wrong person. |
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From my experience of talking to people who are new to bitcoin some of the reasons I have come to conlclude that made them to either lose money in bitcoin or didn't get it right the first time are: - They were pressured by their friends who gave them half-baked knowledge
- They were in a hurry to invest first and learn later and therefore, they miss the basics.
- The were afraid that they were missing out on something huge and thought that it was the means to become rich over night.
- They do not like to read but prefer to get their information about bitcoin from social media influnencers.
- They put in their whole money- their savings, house rent, school feess. Just some improtant money they knew they should have put in.
- They fail to learn from their first mistakes.
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Comrades, information just reaching me now that bank accounts of Bybit traders are being blocked because of a p2p trader by the name Joropay, who likely buys tokens with questionable funds via the bybit p2p platform. A few account holders have complained of the same issue today, and from the looks, the blockage of accounts occurred today. Very terrible if this is true. Some people are just very heartless. I wonder what will happen then to the people whose accounts where blocked. My thinking now is that the banks will involve EFCC and once it gets to EFCC that is going to be a very long case. I wish Bybit could have a complaint option for vendors who transact with questionable funds, so one could go straight to that option and complain if they have their accounts suspended as a result of the transaction on their platform through any buyer. It could help them evaluate transactions on their platform and possibly penalise such vendors for their actions.
How about through email: support@bybit.com? I have never had any reason to send an email to them so I will not know how quick they are to respond and take action. |
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