I don't know you came about checking the ratio of your supposed stats but I do also feel some how when their is an increase in the bank roll of the gambler the risk involved is alot lesser per say the number of game accumulated will be reduced and the risk also will not be too much.
Poor people mostly lose because poor people are afraid to take the second risk and they don't have money to take a second risk or invest. There can be many other reasons such as those who are a little poorer mostly withdraw funds or withdraw portions of the profit and those who are rich keep the portion of the profit. As a result, the success rate of the rich is much higher than that of the poor. They just don't have the guts to take the risks, and they also don't have the means to take the risks. You see, there is a huge difference between rich gamblers and poor gamblers. Yes, we hear that mostly rich people win, but it is only on the front end. Look at the process of that win, and I'm sure there are a lot of losses before they achieve that win, or more or less, the losses are huge compared to the amount they win, while poor gamblers, or, let's say, middle-class gamblers, have only limited money to spend. Yes, they can borrow, but that is not a wise move by those poor gamblers. Also, rich people or rich gamblers tend to flex their winnings and hide their losses, just to say that they are lucky in terms of gambling, more like rich people thing. Anyway, in short, we can't compare rich and poor gambling. |
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This process is already ongoing mate. I mean those students are taking this facilities to pay their University fees as well as their others goods payment with bitcoin but yeah, only happening in those countries which are already legalized Bitcoin for their people. But if any county doesn't recognize bitcoin, then the transaction would be considered as illegal and cause for punishment if get caught. Although government can't stop people who want to using bitcoin. But you mentioned bitcoin is unstable, that's true. There is also process to convert it immediately and nowadays i notice, cryptocurrency usdt is available for transaction due to make everything more easier
The owner of the school or university could decide on their own if they will accept a crypto currency payment, even if the government doesn't allow it, as long as the university or school is private. But the thing is, it is not applicable to public schools that are handled by the government. Cryptocurrency as a payment is still too dangerous and has a lot of things to consider before adopting and accepting it for transactions, especially for big transactions such as tuition. But it would be great if it were adopted; it could only mean that our industry and economy are taking a bigger step in terms of currency. It may be too far, but we can still see it happening, not just in tuition fees. Cryptocurrency payments can be implemented and applied to many transactions, such as daily lives or banking, which would be great. |
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Talked to my wife. She tried to install a voice changer software yesterday from a link on twitter and it didn't install. This is a windows 11 PC. I see something new called WingFtpServer as a startup program. That has to be it. C'est la vie  If you are sure about that, maybe there are more reasons to check your PC and the applications available on it, and also make sure there are no hidden applications because most of those malware applications are making themselves hidden, so better run a diagnostic and full scan of your PC. But there are maybe more reasons, like what websites you are accessing; that's one reason for a malware or virus to get through to your PC. Anyway, sorry for the loss. It is regretful because the bitcoin amount is not a joke—11 BTC? That cost a lot, and I can feel how sad and heartbroken you are. If there is a way to recover your loss, I hope you've found it and recovered your loss. Now that you know what to do next, you need to keep your PC containing your assets safer. You should have a separate PC for personal things that could make your assets prone to malicious malware and viruses scattered around the internet. |
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Bitcoin is powerful now and stands alone; it doesn't need something like a referral system, as some said referral systems are used by other businesses or technologies to attract more users; it is a way to promote their technology or business. But now, bitcoin doesn't need such a referral system to survive or to attract many customers and investors, as it is also a decentralised currency and was born by a unique and new technology such as blockchain, and we can't see how referrals will be applied in the system.
And if the referral system is possible in bitcoin, then Nakamoto, the creator of bitcoin, has already implemented it from the start. Also, the referral system is more appropriate for exchange platforms than bitcoin or crypto currency itself.
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Almost never,I always have this though that if I check often I may slip and make some mistake and leave it in the open or someone might see it, once per year maybe.
But if you check it once a year, are you sure that the place where you stored your seed phrase is safe? What if you can't access the storage of your seed phrase? There are a lot of possibilities, or maybe I'm mistaken, as your statement lacks information. Maybe what you are saying is that you are using your seed phrase to check your wallet once a year. Then how can you remember your seed phrase, and if you don't memorise it, how did you store it, online or offline? I see there are a lot of questions, as your statement is lacking. Anyway, whether you store it online or offline, as long as you can access it once a year without having a hard time remembering and accessing your wallet, then it is good. Just a reminder, just like others say, better do encryption on your seed phrase; there are a lot of applications or programmes that offer that. |
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True, but what is done cannot be undone. I guess there are many people or holders of bitcoin who, in the past, forgot about their wallet or lost their seed phrase, which is important for them to access their wallets, but that's their fault and also their biggest regret. It's just that they are the few who missed the biggest opportunity, or, let's say, bitcoin was in their hands but slipped. Well, it can't be helped.
They still have a chance to invest in bitcoin, and I think they do. Also, that's why there are a lot of bitcoins circulating in the market, or liquity; those are the bitcoins we considered locked or forever lost. For example, like what I've mentioned about forgotten wallets that contain bitcoins or hard drives that have bitcoin, there are a lot of stories regarding this scenario. So it's a lesson: keep safe with your seed phrases, as they are the keys to your fortune.
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If ihave 1k how much to use margin for safe trade
To hold position for say two days
And which safe laverage to use
Since you are asking those questions I am guessing that you are a newbie, am I right? And if I am my recommendation is simple, avoid trading futures as it is clear you are not ready for it, even if your post is short I can get an idea of what you are thinking, since the amount of money you have available as your capital is small then you want to compensate this by trading futures and using leverage, but I can assure you that if you do that you will lose all your money relatively quickly. True, I agree that this OP sure does have the characteristic of going into something that he doesn't know; he wants to go into futures right away, which is a very risky way of trading. One wrong trade and all the money he has will all be gone. Assuming that the OP has little knowledge in trading, it is still good to trade all the capital he has in the future. If something goes wrong, he will have nothing to start over, so it's better to partition your capital and trade the amount that you are still okay with if it's lost. To minimise the loss of money, do that, but from how he asked the question, I guess he doesn't know what he was doing, then it will be very bad for him. I hope he listens to all the comments here. Don't start in future trading right away. Gather some knowledge, experience, and confidence first in spot trading before doing something that you are not good at. |
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There are different scenarios. If a trader is confident with his trade and decision and he has enough knowledge and experience in trading, he will wait for the set TP to take profit or the SL to stop loss, but sometimes that's not the case. If TP and SL are just the margis, they can wait for the price to hit in either one of them, or a trader could close the trade early if he saw that the trade had gained some profit or a reasonable amount of profit, or if by any chance that the data or the movement of the market go against their analysis, they could minimise the loss.
But for wealth traders, they will close the trade if they do not have enough experience and knowledge in trading, and because of their emotions, they are easily nervous and scared if they see their trade going down, which is sometimes part of the market movement. Beginners in trading tend to do this.
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I don't know if I would try to do the same thing as him. Moreover, it will cost a lot of money to solve the problem. But he really deserves to get his lottery prize, especially since he has put in a long time to get it.
I will see what needs to be prepared before I proceed with what I want. If I'm sure I can get it, I'll try it. And I hope my family members can understand and help what I am fighting for them.
But if all the evidence shows I'm a legitimate lottery winner, it probably won't take long. Everything will depend on who will be involved in the solution.
The problem is that the system or justice system in the Philippines is too slow. That's why I'm not shocked when I read that it took him 9 years of his life just to fight for what in the first place is his right, but the thing is, it's also his fault for not taking care of the ticket. I guess he also regrets that, but I salute how dedicated he is that in the span of 9 years he doesn't give up. The thing is, is it worth it? I guess they quite spent some money just to hire a lawyer and also fighting for the case, but still he finds a way to support that, luckily he won, and it's because of the evidence. If this happens to me, of course I will fight for it too. The amount is not a joke, so anyone will also do the same thing as the man in the story. |
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I'm optimistic about crypto currency payments will be mainstream in the future but it is too soon for it to be called "soon" I mean its too soon to consider that the moment is neat because as we know crypto currencies are complex and hard to maintain as its value it changing because of the volatility, there are some establishments or business that allowed or accepting the use of crypto as a payment but it is few, also crypto currency payments are more on online transactions and also a few, those few who accepts cryptocurrency payments are the one that take the risk and stepping up to the new technology which is a great sight but many still hesitant about adopting it, also why I said that its still far for crypto to be mainstream is that there are a lot to be considered before filly adopting it.
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Well, it's good that you concern yourself about staying away from gambling; that is a good move or limitation because gambling will not give you anything. If you really want to earn bitcoin, then you can start by researching on the internet or watching YouTube videos of what bitcoin is. You first need to know how bitcoin works, what its technology is, etc. So, you will have an idea of what technology you are into, then you can move into different ways to earn, like trading, which is common, but you can also earn from staking or doing commissioned works related to bitcoin, like graphic arts, so you can see those offers in the services section of this forum. Trading is a complex way to earn, and there's no guarantee that you will always earn from it, as even experts in trading sometimes fail. You can start by ranking up your bitcointalk forum account and joining the signature campaign, and you can accumulate some earnings there for starting.
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Has anyone been able to make steady income with gambling ? If yes, what had been your strategy ? Do you diversify to multiple games in order to ensure that end result is always profit ?
I personally feel that there are very less chances of making a steady income with gambling. In fact, if you win a big amount in gambling, from there on , you should play games with less on stake and keep the winnings invested in some good option like crypto. It is important to have self control to end profitably with gambling ventures online. Do you agree with this ?
Gambling is not an opportunity to earn a steady income, so even though we can control ourselves well when gambling, in fact we cannot get regular profits from betting. I personally have tried investing in crypto with gambling funds, but this only lasted for a short time because after experiencing several losses I was forced to withdraw my investment funds and then deposit them back into the gaming account. We can plan anything in gambling but basically luck is what will determine victory when betting. That's true because gambling is just a place to have fun and spend the money we can afford so we don't need to try hard to win the gambling game because it will never be easy. You can invest in a casino by buying tokens, as is already available in several casinos, so you don't need to gamble and wait for the moment to take advantage. But, indeed, the temptation to continue gambling will still be there even if we have no intention of gambling because we will see attractive promotions from casinos so that can make us want to gamble. Yes, we can plan anything when gambling, but we should remember that we will never be able to win gambling games easily. If we still want to win the gambling game, we must be prepared for the risk of losing a very large amount of money. It also does not guarantee that we can win from gambling. Absolutely, instead of participating in gambling or relying on gambling to earn, take advantage of those crypto casinos that launch their tokens because, in the beginning, the value of the token will increase as demand is high, but of course it depends on the casino itself if they can market their platform. With enough marketing, more customers or gamblers will participate in the platform, and that is the opportunity to earn. But we can't stop those who think that gambling could make them rich or they can earn from it, as some hope to hit a big jackpot for a miracle, which is rarely happening and not all have that moment in life. But that is the goal of the casino owners; it is an advantage to them if many gamblers become addicted to their platform; others' misery is their fortune. That's why they always have attractive bonuses that could tempt the gamblers to keep on playing. |
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Do you take these Psychic predictions seriously?
Nope, but I used to follow one of these psychic predictions that became popular in sports betting because he relied on his wind chimes to determine if his team would win and his luck was impressive. It was a fun experience but it's still not enough for me to take them seriously like the way other bettors post their reasoning behind their predictions. And I agree with the other posts that said it's more of a coincidence when we see casinos share these lucky bets that some of their players manage to land. True, but I'm in between, or, let's say, neutral. I can believe that they have the ability, or I can believe that it's just a coincidence. I will only believe if the predictions are consistently correct, because if they are, then the predictor, fortune teller, or whatever will be rich by now, but of course we can't judge them, even the gamblers who believe in them. We have our own beliefs, which could make us more confident in our bets or gambling decisions. But I do believe that most of those stories are just coincidences. Like I said, if they have the ability to predict and tell if they will win or what the winning decisions are, then they should be rich by now. It is not wrong to believe in such things, but it is wrong to just rely on them. What if a gambler solely believes in that kind of prediction and it doesn't turn out well? Will he blame the one who predicted it? or will he blame his beliefs? |
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Very true. Knowing when to sell an Altcoin is the main deal. One of the challenges with the Altcoin ecosystem is that there is this constant creation of new cryptocurrencies and it makes it more difficult for people to know which is more reliable or let’s say “safer”. There are alts that have and will make it over the years but as time passes many will be shaken off back into the dust. Bitcoin on the other hand is just one and hence its uniqueness. It’s less likely to fail you unlike these alts. This is also the reason why it is hard to believe in New project now that will surely progress because of everything in the world has already in existing here in cryptospace so what are the new one that they can offer? this is the problem when we already reached the system and the competition only runs if who can serve better and not because they are unique . Safe investing is still exist but for ranking coins New project offers best return but the assurance is what we need and we can only have them having investing in older coins that have proven their worth all these years. I won’t really agree that the reason it’s hard to believe is that everything is already existing in crypto. Let’s think of this, if we assumed everything was just okay and complete when Bitcoin was created, how then was there room for Eth? How then did we have room to accommodate BNB, XLM, XRP, Etc? We should bear in mind that Bitcoin is only the most recent tech, there’s a tendency that a new and unique cryptocurrency could emerge. Even if everything was already in crypto, there’s room for better versions of it. I agree with you that even if bitcoin is too popular or cryptocurrency itself is the most advanced technology in relation to currency up to date, there is still a long way to go. Many people could develop a new technology, especially in this era of the advancement of new technologies. Those people who keep the new technology will never grow, as it will be beneficial for us if there are more options out there. Don't get me wrong, I'm into bitcoin, and I am a solid crypto currency fan and believer. But I'm not closed-minded to other technologies; in fact, I'm very open to them so I can explore more, and of course there are more ways to earn profit. Anyway, comparing bitcoin to altcoins is very wrong, as bitcoin is a solid coin and has been reining over the years, but there are a lot of altcoins that emerged but didn't last long. |
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Well, I find it hard to believe that your friend has that much bitcoin and still doesn't know what he will do with it. Anyway, maybe if the next bull run hits, he can sell some of the bitcoin, not all, because it is good if he lets the other bitcoin be invested and keeps holding onto it. After selling some of the assets, he can start a business to circulate the money. As he is in his early 20s, I assume that he knows even a little about business or he knows what business he wants or has in mind. And if your friend wants to be in line with bitcoin, then try another way to earn bitcoin with the use of his assets, which is bitcoin, trading, staking—name it, there are a lot of options out there. He is lucky because he has that much bitcoin at his young age. I just hope he will manage to grow it and spend it well.
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It is because many people in the past believed in the potential of the bitcoin and many predictions scattered around at that time, so maybe many investors or holders decided to believe in bitcoin, and if it is, then they are not wrong, but why still many hold their bitcoin and remain? Maybe because some of that bitcoin is locked, meaning its owner forgot their access in the wallet and never retrieved their bitcoin, like, for example, those quite known people who lost their bitcoins, like the one that lost its hard drive, and many more cases, so maybe that's why.
But one thing is sure: many people believe in bitcoin and believe that it could go higher. Even if the amount they hold is tempting, with self-discipline and a futuristic mindset, they will choose to hold their bitcoin. Of course, it is impossible for some people to sell some of their bitcoin as they have their own needs.
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Yeah. Hodling is not a new word and especially here on the forum, users are advised to hodl and it will prove rewarding ( for those who plan to sell) when the next bull run season approaches. A necessary advice given by the Op which I think is quite important because there are still those who fall victims of hodling their Bitcoin on CEX which might be cool but not until the exchange gets closed down without prior information (exit scam) or even be victim to hacker attack.
To ensure you don't fall victim of stolen coins or missing funds, it's best to store your crypto in self custodial wallets, that way you are the only one with access to your funds and while it has its perks, it can be risky if you misplace your private keys you might as well be kissing your funds buh bye!
Many of us are enthusiastic about holding Bitcoin for the long term because Bitcoin can give an investor multiple returns over the long term. But if we don't have a good idea about where to hold the bitcoins then after a long period of time we may loss our all holdings . Many of us try to hold bitcoin in various exchange platforms which must be abandoned. Because at any time an exchange platform can be hacked. I saw last few days ago that an exchange called Poloniex admitted to being hacked. They have been suspending their users' withdrawal money for quite some time now. If an investor loses his money after putting in a lot of effort then this investment platform can definitely turn out to be a curse for him. So before investing you must give utmost importance to the wallet and its security. Truth be told, many new investors are just hyped by the thing "hodl" or hold, and there's nothing about that. You could just hold and store your assets in a secure wallet and let them grow long-term, but the thing is, you can't just buy and buy bitcoin or a fraction of bitcoin anytime you want; you need to know which time and moment it is good to buy bitcoin assets, so it still needs even basic knowledge about charting and analysis of the bitcoin market. I've known a few friends who decided to invest in bitcoin out of curiosity and immediately bought some of it, but the thing is, they don't analyse the market or the movement of bitcoin before purchasing, and in the end, they can't sell their bitcoin because the price goes down, resulting in locked assets as they will wait for the moment that their asset will turn green again. |
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I know it’s very easy to make money in gambling. That’s kind of the whole lure of it, that you can make money, fast, and easily. But gambling it's not a steady income due to the high risk involved. It’s great to win money! People love that! That's why they gamble in the first place. The main issue with gambling is that while people win money, they lose even more money if they don't know how to control it. Like I said in other post, you should know how to control it and set limitation for yourself.
It is not easy to make money from gambling, sometimes we might be lucky enough to be making profits from the market and that does not mean that we are a good gambler or knows how to gambler in a casino. Because some gamblers keep making consistent profits, sometimes greed will make them to stake bigger funds because of the mindset that they are going to win. Nothing good comes easy so we have to be prepared for us to make fantastic profits from what we do and the kind of bet we play for us to make profits. If gambling is were to easy many would have not have to work for them to make money. Well, from the very start, gambling should never be viewed as a source of income or a place to make money. Yes, you can earn money by hitting a jackpot, and it will make your life change, but it can also take everything from you if you take the wrong path. Gambling is only for fun and entertainment; it has money involved, so businessmen or casino owners will earn from it, but for the players, there's no guarantee that they can earn or gain profit every time they play casino. In addition, gambling mostly brings despair and suffering for those players who let themselves be swallowed by their desire and greed, which is an advantage to the casino owners, so think again before you enter the casino. Think about what you want to gamble for, either to be entertained or to earn your own money, remember to gamble at your own risk what your actions and decisions will determine your future. |
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There exist over one million and one reason why people hate gambling, but few benefits of gambling can make a player to outsmart his colleagues in the office. Or even in an interview. I was able to check how gambling benefits relate to what HR officers look out for in a candidate before hiring them. There are 2 main benefit of gambling that improves the major skills people look out for in an employee in every offices. 1. Critical thinking: there have never been any job opening that doesn't require candidates to have this skill, because every company needs it to grow. And under critical thinking include skills like problem solving, idealist etc. 2. Socialization: Mainly the corporate world will call it interpersonal relationship. It's a very crucial skill anywhere we find ourselves in the world. And gamblers who participate in board games, easily develop the skill. When in the office, they'll always socialize and make friends with co-workers. Personally, I've experienced these two, in my daily conversation with people. And realized that my responses are now more effective than it used to be in the past, before I began gambling. I'd always think fast and respond accurately what the next person wants to hear. And most times it makes them laugh.  There are other benefits of gambling, and how it has helped your gambling life. It'll be great if you shared some of it with us. Cheers. Well, the skills such as "critical thinking" and "socialisation" that you've mentioned can be acquired in other things, like in sports such as board games, chess, for example, basketball, and many more, so I would not say that gambling provides this kind of benefit because you will not engage in gambling if you don't have critical thinking and socialisation, or if it's not that advanced, then maybe with the use of gambling it could enhance your mentioned skills, but still, I'm not convinced that only gambling could provide or enhance those kinds of skills. Maybe some people will be given the idea that they need to gamble to hone their critical thinking and socialization. It's more like you need to enhance or develop those two skills in order to do better at gambling. I developed my critical thinking and socialisation without gambling, so don't give up the idea of gambling as a skill enhancer. |
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No, definitely not. It's common sense. Why would you give money to someone that you know he will lose, especially if you know that he is an irresponsible gambler? Only those fortunate may, but it's still not right to tolerate his action and irresponsibility. If someone does that, then he will keep on doing what is wrong, and in fact, it will make him more irresponsible as he knows that someone could fund his gambling out of empathy. I will never ever have empathy for someone who is irresponsible with the money that he doesn't own. Like may others reacted, of course I'm not crazy to give out my own money, thinking that it will eventually lose, and gambling itself is risky. Added to irresponsible gamblers, there's no way I will give money to a person like that, and I'm sure no one else will also participate in that, so that could crowdfund funding.
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