Yes I have also seen that today, but I don’t think that this has anything to do with Elon Musk, it’s just the market that is going up because I don’t think Elon Musk has made any positive tweet about Bitcoin all this while. And if he does, people are eventually going to come for him for tweeting good after he has trashed it.

The only coin that Elon Musk has solidly stood behind it is Dogecoin. He made a tweet asking his followers whether Tesla should start accepting Dogecoin for payment the vote ended positively with people agreeing to that. Then there was also a tweet where he mentioned about working with Dogecoin devs in improving system transaction efficiency.

Well that’s just it, people are never happy when you speak against what they like especially when it has to do with their money. By him tweeting good about Bitcoin that means the price will be increasing and that means more money for cryptocurrency investors, but the moment he starts tweeting bad about it a lot of people are not going to be happy with him because they know that they are going to be losing their money when the market starts to crash.

But, what Elon has said is not something new, a lot of people have been talking about this same thing for a long time now. I’m just thinking if he’s just getting to know about that or he has known that all this while but kept shilling these coins just make his own profit and then dump them later. But things have changed now, renewable energy sources are mostly being used these days.

But my question is, why you should gamble even after well aware of what is going to happen in the end? Do not answer like for entertainment purposes, because I am having 100s of other methods to have fun for zero costs. So in my opinion, just being aware of what is going to happen in the end of the day, will not make you as a responsible gambler; moreover I do see if you gamble then you are perfect suitable to call as a irresponsible persons even you win for a day because one or other you will lose more than what you won in your entire life. That's gambling.

There will be no need to worry on limiting gambling when we not at all gamble, right? Quit gambling completely and then you will start progressing in your life in all means.

I do not know if the house edge is the same for all games or not, but I know that how many times you lost in a row has nothing to do with house edge for sure. The idea is that if you are in a situation where you are dealing with gambling, house edge could be 1% or 10% and the result won't change.

I mean the result won't change in the sense that you will not have a win or lose depending on the house edge, of course you will have a different profit or loss, like win 99 but lose 100 type of result is depending on the house edge but when it comes down to win or lose outcome that has nothing to do with the house edge. Which means if you were gambling on 50% to win, that could happen, you could lose 20+ times in a row as well, that happens more than people realize, it is of course rare in the sense that you do not have it per hour, but it is still quite possible if you gamble 10k+ times.

I think it is stuff like apeswap, dogecoin, shiba and many other stuff like that so you are right about that. They have nothing to do with NFT but they do have something to do with hype. About two months or three months ago we had this huuuuge crazy thing about NFT and everything worth ten times more than it should and people were going crazy over it, then it started to actually go down more and more and NFT didn't really became that good.

Eventually these "animal" coins got a super hype and their prices reached to a point where it shouldn't have reached. Which means maaaaybe there is a possibility that "animal coins" stole the hype away from NFT projects and that is why people are asking if NFT still hot or not. That is what I understand about the situation, I am not entirely sure about it but that seems to be the case for now.

Yeah, actually the market option is great for people who just came to the exchange to buy a coin quickly for some reason. Imagine if I need to pay a service or someone for their service then I won't make the limit order and market works best in those cases because I don't care about a few extra dollars.

Some really deep description of both the options and was a good read overall. I learn some new things almost daily.

Not everyone goes through all the replies so please lock the topic as you have already understood the difference between limit and market options.

How? What you mean by that? Even it has potential, it is meant for only for short term investments? Really disappointing.

I was speculating many dogecoin clones will storm the altcoin markets but not really expected this kind of dump marketing. This simply shows how hurry you were in when composing this topic after logging to this newbie account from your main account.

Even there are lots of people are continuously spreading awareness against shitcoins but dogecoin kind of coin's success wiping out all the efforts. People see some random coins are getting into success region and then start risking with all shitcoins which makes scammers and lazy devs to make easy money out of nothing.

What Elon did was stop accepting bitcoin for selling tesla cars and I think that is something that the board of directors (if they have one, or whatever else they have) wanted and that's it. Obviously they couldn't say "our shareholders didn't want bitcoin so we are stopping" so he showed another reason, he knew that bitcoin mining was something that spent electricity which is usually what those companies give them, if they could find cheaper renewable energy miners would have used that, it is not their problem how they get it as long as they get it and its cheap.

However reality is that Elon is not moving away from bitcoin, he said that they are not going to sell their bitcoin, they are just not going to accept bitcoin and those are different things. Which is why I think the drop didn't make any sense, he is against miners, not currency itself.

It is not specifically about 10k, I mean I understand that the question is 10k but the idea is that if we drop to these levels, would it be okay for us? And the answer is always yes, I do not mind bitcoin dropping. If the question was 20k, that would be more possible and I would be fine with that too, if the question was 30k that's fine too, if question was 40k that was fine too.

It recently dropped to 50k in the past 24 hours and I bought some more, so 50k is fine too. Basically, as long as it drops I am happy because I do not believe that the price would drop and stay there, the price would drop and I can buy at lower prices and then it will increase, maybe right away maybe it will take some time but at the end of the day it will increase and that is what I want to see. So yeah, that 10k may not happen but as long as it drops I do not care how low it gets, I will buy more.

You are out of the context by some margin but what is said is right. If you are 18+ and you are gambling then it is your responsibility that you are not influenced by a content creator.

Now coming back to the topic, I am not sure which streamers are doing this but from what I have seen on stake's official stream that is Eddie, he almost all the time loses on slots and if there was a chance that he streams to attract players then he would not show his losses and can replay his wins instead as some third party games allow wins to be replayed.

If stake is sponsoring any streamer you know that is asked to show his wins and hide their losses then you should post more details about it @OP. If there exist such streamers then they must mention that the funds they are using in the video are sponsored by the casino, that's for sure.

You must be really lucky because I also played this game as soon as I got the email of the early release at stake and I made around 300 spins if not more and I was only able to win a single bet of $0.9 with my base bet being the minimum $0.1 and I got 2 scatters multiple times but the 3rd one never came and I busted all my daily reload in an attempt to get that. It was fun though and for some reason, it feels proud to play a game before anyone else in the world, so thanks stake. Although I might not have played it normally but early release sounds like we are getting something special so I always try those slots.

There is so much noise around the monthly bonus that even the support is bugged with queries haha and even the English chat is all about the monthly bonus until it comes out.

You think if he promotes dogecoin that means he will scam us one day or another? I don't think so instead it only makes other believe in crypto as you can see the market was pumped once he just talked about it. He even openly said tesla invested 1.5B in BTC.

Douchebag like John Mcafee did those things but I don't think Musk will ever do it to ruin his reputation for a few million dollars if even that much.

That's true and I too check the RTP of the games before I play them because some of the games have an absurdly high house edge, a few names I can quickly remember are Book of Gold and MWA.

I often play slots that have a buy free spins feature because normally it takes ages to get those free spins.

As for talking about a particular developer or provider, I must say I am a big fan of Nolimit City because the games they have like El Paso, Warrior Graveyard and even Deadwood all those games pay super crazy when you have some luck. Pragmatic Play is more like constant small wins but I am more tilted towards winning big or winning nothing.

I don't think martingale is that bad but it is just not meant for big wins. Whenever I deposit and play I can easily win 5% of my bankroll via martingale and I know it can fail at times, but if you are aiming to double your money through martingale it will almost never work.

No matter how big your bankroll is but the house has even bigger bankroll and remember the smaller fishes is eaten alive by the bigger fish and it get's bigger.

Recovery through martingale can clean your bankroll entirely so yeah I wouldn't advise chasing your wins by using martingale strategy if at all chase your loss in the first place.

It also depends on the trust bounty participants have in the project. I mean you cannot force them to not sell their coins but at least you can do some meetings and sessions to explain why holding will bring value in the long term. But, unfortunately no devs find time for such an initiative which eventually result in heavy dumping once the bounty rewards are paid out.

Yeah, this is how everyone must take care of their own coins; if devs are not buying their own coin or token, then who else will buy and keep the prices up. Only few times they need to do and then investors will get confident and will keep buying all the times which will definitely lead to greater stable values.

Yeah, It was a good idea to have a cheap coin in the market so we can tip others and basically have fun. Imagine losing 10000 coins and only costing you $2 or so, that is how it was earlier but now the whole meaning and purpose has changed after all the pumping.

Honestly I will not look for another coin which will be performing like how dogecoins did just 2 or 3 weeks back; instead of that, I will try to invest with dogecoins as Elon Musk still considering it got potential so investing with dogecoin itself will make any one rich rather than looking for some other coin and risking with that.

I will answer this in simple words for you.

Market: You want to sell or buy the coin at the market price without having to wait.

Limit: You set your order to sell or buy a coin at a desired price and wait for the market to reach that number.

I give you an example to explain better, imagine BTC is being traded at $60k and you want to buy BTC right now without caring what price it is, then you would simply use the market option and get at 60k or around that price immediately. Now if you want to buy BTC but you feel you need it at $59k then you can just put a limit order for buy and wait for the market to drop a little.

Well, I don't think a moderately earning person can afford to hold some 10 Bitcoins which he purchased at let's say $1k and if the price reaches 10k, I don't think he can hold for too long, and watching it reach $50k after selling is going to make his decision look bad but in reality, it isn't.

For that reason which is true for most people here, I guess I need to agree with OP completely. In some sense holding is only suitable for very rich people and this may be the one of the reason why people always says rich are getting easy chance to become more richer .

It also depends on the type of trader you want to be. If you want to be a high variance and a risk-taking trader then maybe these groups can help you because if even 1 out of 5 times they predict something good you can easily recover the loss in the other 4 trades and signals they gave.

If you want to be a stable and solid trader then all these groups, signals and tips will never help you. Neither of the two is better than the other but I would rather prefer solid and recurring profits than having high but inconsistent profit.

Very good points mentioned and was a worthy read. Actually some of them I have done in real life so I was able to connect with them fully.

Exactly what I did when earlier I was gambling too much, I started to go to my gym when I felt the urge of gambling and once I return from the gym I was exhausted which eventually helped me avoid gambling too much.

At times when it was not possible to go to the gym, I would just do some exercises at home and find some way to tire myself out.