Personally, one of the most efficient ways to invest your BTC is to HODL them for short/long-term depending on the price. As a rule of thumb, you may withdraw your earnings as soon as you accumulate a profit on your end. Regardless of the margin, the important thing to note is the profit that you would receive.

As someone who has never purchased BTC, I earned primarily through participating in campaign signatures. In that way, majority of the BTCs that I receive is what I HODL for long-term since I never purchased it.

Most likely, OP based this ultimately on his feelings without any factual basis to substantiate this claim.

The reason on why most invest in BTC is due to its high volatility. Investing either for short/long-term has been proven to at least be profitable depending if you were able to convert your BTCs into cash in time. By basing it also purely on its price history index, you would see that the price of BTC had increased tenfold. Along with the 2024 halving coming, it is best to invest at this time to maximize all of your profits.

OP remember that the sky is the limit once you invest in BTC. You may feel that it will never come to 50k max and that was also the mindset of some people when they claimed that BTC will not reach $1,000; $2,000; or even $5,000 6-10 years ago.

I mean, if you really based this data on previous BTC halvings, at least all occurrences increased the price of BTC in the market. That is why, investing and purchasing BTC while the price is relatively low on the market is a good strategy for the coming 2024 BTC halving.

Of course, like OP mentioned, no one can accurately predict when the next ATH would come. But being prepared for such opportunity is a key in order to maximize your profits. We create our own luck and this happens when preparation meets opportunity.

I would most definitely try it but I will not base my decision completely on the AIs decision.

The beauty behind AI making the decision for you is that they can do all the scanning of data and comparison of information on a certain team. While it may provide a quantifiable data where you would be able to see the stats, a person must always do his personal research also. In effect, the data of the AI must apply suppletory with my data for more accurate results.

I guess if I had no time to do my own research, I would let the AI decide on which team has the better stats but I will not completely rely on it.

Now this is just a fraudulent scheme devised by the gambling company in order to evade liability of paying her. Good thing the woman has a photo of her winning the slot machine as a solid proof for her efforts in winning. I do think that it must be illegal for the gambling company to claim that a slot machine malfunctioned that caused someone to win on it. Regardless, she still won and she must be entitled to the prize.

Personally, I very much feel outraged by this news. I do hope the woman sues the hell out of this gambling company. Not only is she entitled to her prize but also for damages for this scheme made by the gambling company.


This is pure BS. How can a person prove that a machine malfunctioned? Isn't that the responsibility of the gambling company to maintain these machines regularly? They should be estopped on claiming that it malfunctioned AFTER someone won the jackpot prize.

I guess the primary motivator that drives me to gamble is the hope of winning the prize money at the end. In addition to this, the adrenaline and fear that I might win/lose my money at the end is also one of those feelings that I want to feel.

You could say, at least, that I am somehow addicted to this feeling but without the prize money at the end, I doubt that I would long for this feeling. Gambling has always been part of my hobby due to its simplicity, convenience, and accessibility as a whole. Though I do think that a factor on why I gamble frequently is due to my father as he would always invite me to watch him gamble.

If all countries were to ban BTC and its usage, then it will slowly become obsolete and no one would actually use it. There would be no trading aspect as persons would be liable if they transact using BTC. In addition, they would also be penalized by their respective government given that exchanges require KYC in order to transact using it. This will now definitely ruin the chances of BTC being globally accepted and used as a form of alternative currency without the need of any third-party consensus.

While that may be the case, I really doubt that it will happen. There are various countries who see the potential of its usage and its impact on the economy (e.g. Japan, etc.). While there may be countries who prohibit the use of such, there are still countries who continue to develop and adapt BTC to its economy and finances.

To be honest, the cryptocurrency world is rather difficult in "accurately" predicting the trend of its prices. With its high volatility, the price may either increase/decrease without given notice. In addition to it, unlike in stocks, the trading aspect happens every minute as compared to stocks where the trading happens on a certain time.

If you want to start investing in cryptocurrency, then treat it as a normal investment. But you have to regularly check its price on the market. I know lots of people who accumulated profit even in short-term investment due to sudden spikes in its price.

As a general rule also, only invest what you can afford and lose at the same time. Be wary of current events since majority of the news affect the price of BTC in the market. Good luck on your investment, OP!

Money is definitely a motivator if you want to live comfortably. As our world depends totally on money for achieving a comfortable life or at least meeting your obligations, earning should be one of your main goals if you truly want to experience a hassle-free life. But there lies a difference between rich and being satisfied. A person may be rich but he may feel empty on the inside especially if they have no friends, etc.

The way to deal with this is to balance a healthy lifestyle with your peers and earning money. While the latter should be one of your main focuses, you should not totally discredit other means as this will keep you active in other aspects of your life.

Like what most have mentioned, it can be really difficult making gambling as your main source of income due to its nature being unpredictable and unstable. Unlike getting a job where it pays you monthly, gambling totally relies on your partial skill + luck for you to profit. You may earn huge amounts of winnings in a day but you may also lose large amounts if your luck is not on your side.

If you plan on making sports betting as a source of income, make sure that you have a contingency plan in the event that it fails. Rather than depending on gambling as your main source of income, you may also want to venture into business, etc.

So far, I have never tried this kind of gambling but it seems kind of fun. The only problem with it falls on the probability of winning due to it being random. Well, you could argue that it does follow the spirit of gambling, I would rather bet on the sports itself than the jersey numbers.

Personally, I would maybe attempt to try this kind of gambling but I would not make it as my regular game. Maybe others have experienced this type of gambling in some other games and application but I would not dare to make this as my regular game.

This is very interesting to point that exchanges are jut leveraging your assets given that most of them have conversion rates that are abysmal.

I am actually guilty of this- I keep most of my BTCs inside our local exchange (coins.ph) due to the convenience that it provides. The downside is, whenever I convert my BTCs to our desired local currency, the conversion rates are relatively high to the point that it eliminates the point of investing it. In addition, this also puts me at the risk of the exchange losing my BTCs in the event that they are scammed, which I am hopefully not wishing it to happen.

It is definitely worth it to invest in BTC no matter how young/old you are. 47 years old is relatively young given the average age group in this forum.

The beauty behind investing into BTC is that its price may skyrocket anytime. Its high volatility makes it a perfect investment either for short/long-term depending on its price on the market. As someone who has been active in this forum for five (5) years already, I have witnessed its price increasing/decreasing overtime. You can definitely earn big and take advantage of such opportunity if you are at least active enough in knowing its price.

As for inheritance, you can keep your private key stored in a hardware wallet for your kids to know when they reach a certain age. This protects your investment in becoming "lost" especially if you unexpectedly meet your demise.

Oh it is definitely necessary to know these terminologies! Not only that these terms are used frequently, but also almost every gambling site contains at least 1 more or of those terms mentioned on their website. This saves time for a person to search on Google behind the meaning of such term. That is why, people should bookmark this thread and we also have to keep this thread updated for more terminologies to come.

As someone who has been gambling over the years, there are also some terminologies that I did not know until I checked this page. Thank you very much OP for creating this thread as this is definitely informative.

Interesting that Mark Cuban has taken a liking in investing into cryptocurrencies. I remembered he starred in a YouTube video where he explained his skepticism in purchasing BTC in his portfolio. But along with that statement, he also did mention that cryptocurrencies would evolve into a bigger picture where the world will start to adapt and adopt its use.

Maybe this coming 2024 where another fork will happen, he might take advantage of such situation and sell his BTCs once its price increases.

I agree with your statement. People will always try to abuse a free system wherein they would create multiple accounts to take advantage of all the free bonuses provided by the gambling website. That is the reason on why gambling websites have created "wagering requirements" in order to combat abuse. Even if a person creates multiple accounts to gamble and get the bonus, he/she has to satisfy the wagered amount required, which is set by the gambling website in order to give them the security.

These kinds of things happen even in real life. Once an opportunity comes, people would take advantage and exercise all the means to abuse it.

It seems like there are numerous posts about exchanges nowadays convincing people not to store BTCs inside them. While this is indeed the best way in order to secure your cryptocurrencies, you can still use an exchange if you want to conveniently transfer from one wallet to another.

Like what I also mentioned in similar posts like these, I am guilty of the fact that majority of my BTCs are inside an exchange. It is like there is a hanging sword of Damocles above my head with this kind of strategy and I just hope that our local exchange (coins.ph) is not going to be hacked anytime soon.

Again, if you temporarily do not have a hardware wallet, transfer your cryptocurrencies to a trusted exchange for the meantime.

I agree with the metaphor- exchanges were created in order to have some sort of convenience to the usage for the general public. To be honest, without these exchanges, the barrier of entry for a person to earn cryptocurrency can be difficult. That is why we can say that exchanges enable the public to at least earn BTC for the various wallets they offer.

Unfortunately, with convenience comes running the risk of getting scammed. Along with this, lots of exchanges have been numerously hacked and hundreds to thousands of BTCs were stolen in the process.

It is not a strategy perse but it is more of a convincing method for me to gamble again. That is the problem of gambling- whenever you experience a winning/losing streak, the natural tendency of a person is to try and gamble again. Unfortunately, in your case, you tried to check if you still had that luck on your side but only to experience a losing streak at the end of the day.

I hope this becomes a lesson to all to discipline yourself in gambling. Always know when to stop and when to cash out to prevent greed from taking over your winnings, thereby causing ultimate loss on your part.

If that were the case, then this is the fault of the online casino website. If they fail to show cause on why a person has been prohibited from their website, then this will definitely toll on the reputation of that website. If that were to happen, their reputation will be destroyed, thereby decreasing the trust and its player base. That is why, it takes years to gain the trust of an audience and one simple mistake to ruin everything.

That is why, if you have a problem regarding a certain casino and you have proof to the contrary of their claim, then post it here for everyone to see. This will alert the community in order to avoid that website which in overall help in preventing similar situations from happening.