I think I am one of the unluckiest gambler/bettor out here, today is one of my worst days again and I think I should quit betting.
I went all in on Argentina thinking their match against Saudi Arabia would be an easy win for them, and the fact that the odds were so far away against Saudi Arabia winning while it was in huge favor of Argentina caused me to be so sure that Argentina was going to win the match, and then, I went all in, hoping to make some big wins just like yesterday, but now, everything is gone, in just a twinkle of an eye...
Argentina is a big disappointment, It's still hard to believe, I quit betting until I am able to forget this experience entirely.
you don't have to think too hard about this because I'm sure the majority of the bettors all chose Argentina but lost, me too. apart from Argentina, I was also annoyed by the final results of Germany vs japan and Poland vs Mexico. So far there are only 3 teams that have scored more than 3 goals, that is England, France, and Spain - it seems that one of them will win the world cup this time. |
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Thanks for accepting me @Royse777
Updated Signature and Avatar: YES
my current post (including this one): 4709
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Not me. I like underdogs but this was 39-game unbeaten Argentina with an in-form Messi... oh well  Much more fun today in World Cup matches today and you got your wish for underdogs to win in game between Germany and Japan. Something strange that Germany also had a lead in first half but they lost the match in the end, someone could earn a lot of money with bet like that. the defeats of Argentina and also Germany made me a little traumatized by believing 100% in the superior team lol, they looked superior in the first round but the situation turned upside down and lost in the second round, I don't hope in the brazil vs Serbia match this time there will be a big surprise like in the Argentina match and German. Spain was amazing against Costa Rica with seven goals, if they continue like this they are moving up as big favorites.
Spain is really an amazing team, they really dominated that match, even Costa Rica has "shot"= 0 and "shot on goal"= 0 |
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As 2022 is almost coming to an end and haven't been around this forum for a couple of months now, I have learn two vital lessons this year that will guide my journey in the cryptocurrency space.
THE TWO LESSONS
1: I will never trust an exchange, most especially centralized exchanges e.g FTX Binance, etc.
we all should learn from the FTX incident, I am one of the victims who until now my Bitcoins are still stuck at FTX and I don't know how long I will get my Bitcoin back. 2: never n trust any other coin aside from Bitcoin for long-term goals, most especially the highly centralized altcoin as there are open to external influence just like centralized exchanges are also exposed to external influence.
Centralized crypto assets are prone to collapse when those supporting them fail, just look at what happened to Solana when FTX was declared bankrupt. it is wiser to believe in long-term investment in Bitcoin. So I am led to the conclusion that, cryptocurrency is not the problem, but centralization and the human factors are the major set back in the young fast-growing cryptocurrency industry
cryptocurrencies are innovative, that's not "a problem", what's problematic are the people behind it, if greedy and criminal people use them, the impact will be bad and negative. |
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Roobet username: renampun Category: Handrawn-Art
roobet and the snowman
      I'm still in the learning phase of hand drawing and don't have many ideas yet, I use the roobet pose which looks a lot lol |
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Current number of post (Including this one): 4703
Rank: Sr Member
bech32 address: bc1qw3g9mwzhvahnn2n9rupgn38wd78p8pxerwza0d
Merit earned in the last 120 days: 103
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 I've tried as hard as I can and my insight into this forum is still low, thank you icopress for holding this quiz, this is really fun and adds insight, can't wait to take the quiz you will be held again in the future  |
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Life is not so linear. There isn't such thing as a smart number and people are like in a line over that. People have different qualities and know about different subjects. Someone may be very smart in coding but an idiot when talking about finances or administration (like Sam from ftx) Nobody can be smart in everything. So, a boss should always hire people who are smarter than him in various area where he is not or just doesn't have time I remember that I don't have good skills for coding and speaking (but my ex-boss used to be good at both of these things) but I'm pretty good at finance because I like that and I'm also a graduate in accounting. a boss only needs to maintain a balance (financial, employee, and client comfort) of his/her company, for other matters he needs experts from his/her employees because a boss can't possibly take care of everything and is also not smart in everything, it needs balance. |
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When someone is depressed they feel like giving up already, so we are supposed to feel the opposite thing which is we will quit on playing a gambling. Emotion does really matter in gambling. It can help you decide if you will stay or not. Only those who are robot's are the one who don't have an emotion.
emotion is very good for the decisions making that we will do in the future, without emotion, people will play without knowing the time duration and how much capital they have spent. I've never heard of a human being without emotions, I just imagine how boring someone without emotions would be LoL. |
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Bitcoin is good for beginners, because it doesn't require so much research before you could risk your funds on it, while altcoins is the other way around, that requires a lot of research before you should buy to avoid bagging shitcoins in your wallet. Bitcoin is the safest coin for me, the most reassuring coin that exist in the cryptocurrency market (my opinion only). I also like the volatility of it which gives you decent profits in the long run.
bitcoin is the best crypto asset and also very immune to any pressure hence it is very good for beginners in the crypto market. Its price volatility is actually very profitable if it is used very well. Altcoins are good as well if you got your research right and the developer didn't sugarcoat their goals in the long term, cheaper than bitcoin and good profit also in either short term or in the long run.
even though altcoins are much cheaper than bitcoin, investing funds (for beginners) there is not really recommended, it takes deeper research to be able to determine whether an altcoin is worth holding for the long term. |
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Otherwise people will have very less trust left on crypto in general and people will move to other alternatives.
alternative to crypto? do you mean CBDC or something else? I think that CEX ending as a scam will not reduce people's interest in crypto. What do you think are the required steps to prevent these incidences from occurring in future ? Or are these unavoidable ?
To prevent this from happening again in the future - people should be able to trust DEXs more and keep their assets only in personal wallets instead of CEXs. |
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What do you think one can do, to educate those young ones, And drive the point that with all honestly, Bitcoin isn't as bad as they think it is?
I have also experienced what you feel when you tell other people about Bitcoin and to be honest it is difficult for us to change their view of bitcoin when the majority of governments still prohibit it. imo the best way to change their view is you have to show them what you have got while in the crypto ecosystem, many people only see real results rather than words. |
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Is it really over for crypto if Binance exchange or Tether go bankrupt like FTX? Can crypto survive without the centralise organizations and projects?
we have to see what happened in the past when binance and tether did not exist, so when binance and tether went bankrupt like FTX, the impact would only be seen at the beginning but over time it will return to normal. the crypto market will no longer be destroyed if both of them go bankrupt, the crypto market will only be destroyed if the internet does not exist because there are no transactions taking place in the market. |
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The title "Do your work" refers to growing your own business. We all have some skills in different sectors and we use all of our energy to work for a company and get a monthly salary. But we are not supposed to work for that company till death. so how will we bear our living expenses after retirement? Most people do not think about that.
If we all want to be entrepreneurs then who will be employees? I think it's not wrong either with people working in other people's companies because employers also need that. the most important thing is that we all have to be aware of our abilities and also plan our retirement carefully. today's workers are busy spending money to meet their expensive living expenses because of style, so planning finances wisely is an important thing that everyone should do. |
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CBDCs are coming, and they spell the end of the Private monetary policy as we know it. The list of countries adopting CBDCs is growing at a fast pace: ... So, how do you guys think will affect Bitcoin? CBDCs in several countries have been launched for several years, but you can see for yourself that it doesn't affect the price of bitcoin at all, that's also what will happen in the future, with the massive use of CBDC, it won't make bitcoin prices depressed because many people use bitcoin as an investment asset. rest assured that bitcoin is the only asset that can stand up to any pressure. |
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Exchanges being insolvent due to whatever reason isn't anything new — that's one of the reasons why the quote "not your keys, not your coins" has been repeatedly said thousands of times already.
this is also what really confuses many people, many traders are trapped in CEX not because they don't know that "not your key, not your coin" but because CEX provides tempting things with promos, cheap fees and so on, which makes people (including me) forgot about the dangers of keeping funds in CEX. But to answer your topic question, ponzi schemes are ponzi schemes and exchanges are exchanges. What made FTX a ponzi scheme in this case is because of how the CEO(and company) handled their user's funds.
what you said is very true, the CEO of FTX uses users' money to invest in other projects and this is definitely a scam (looks like a Ponzi scheme). |
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