Most beginners seeing Bitcoin at $29,747 today, the first thing that may likely come to there mind is that they should have invested all the money they have and rip the profits.
But however it would have been one the greatest mistake because in as much we no that Bitcoin is of a lot potential doesn't mean someone should invest everything they have.
Investment of Bitcoin is something of plan and I believe that bitcoin investment have to do with plans and you can't because of bitcoin just increase and you began to have a remorse over not to invest in time. A newbie for bitcoin investment is newbie, actually the appropriate time to invest in bitcoin is when the price is in dip and whenever it increases you will make profit, so therefore, theirs no time someone invested in bitcoin that is not appropriate time, but it's unfair that someone invest in bitcoin because of the price is increasing in the market, I think its unethical to investors |
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Since I have seen a referral bonuses given by a particular platform I don't seen any of the referral bonus being withdrawn or swapped to cash before, I know that what a casino gambling platforms does with the referral bonus given by customers or patronizers is to use it and spin a game, spinning gambling is the most important thing the use a referral bonus to do, secondly they will use it and book any game they feel like playing if the referral bonuses amount is up to the amount to bet another game in that particular platform, so let us not take a referral bonus as important as money in our account that's withdrawal able.
I believe you should know the differences between a bonus and the conditions that come along with ng with it, some time in some casinos when the total referral payment is made at the end of the month, the gambler is mandated according to the conditions that established those bonuses it will be subject to some certain amount of wagering and at that point the gambler if he passed all the requirements will be able to withdraw the balance to they wallets. I have referred some one to a platform before and my rewards came in but I was unable to withdrew until I met the withdrawal condition pf a 1x total wager amount before withdrawal approval, this is what most casino implement, to huck the gambler when ad into risking their bonus payment at some points. We are still saying the same thing but you misunderstood me, when bonus is given a customer through referral, some people intension is to withdraw the bonus immediately but base on the conditions of the particular website maybe you can not withdraw it until you meet up with their terms and conditions but you can use it and place another gamble in their site which is allowed, but those people whom has already seen the referral bonus is interest to withdraw so that they can convert to fiat, what we are saying is that in referral bonus they have criteria and conditions you will meet before withdrawing to your wallet, I think its quite understood by some people who don't know why referral bonus doesn't allow to be withdrawn |
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E get wetin I understand for gambling and e get wetin somebody don tell me too, if you wan just leave a simple life without dey look for government to come and bring that their tribalism work just try to dey do something wey good for yourself, something wey for yourself is to be safe employed, if you learn work, like having a skill as op said it will be good then some one who don't have a work but the person dey base for government work to survive, for this our country naija we wey be citizens also be graduate we don't need to wait until government provide employment, with a little skill we can stand on our own.
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Ever heard of cross addiction or suffered from it?
What do you think?
It's still addiction done in a different way and games if you're still spending money and time and you don't have control over these then it's addiction, addiction is addiction the mindset to get that dopamine effect is still there and the mind cannot cope up with it. Cross-addiction will not work to cure gambling addiction because the player has no control over his actions, the only way to cure addiction is to regain control of spending a lot of money and time on gambling. When someone is addicted on gambling something else' that will come to our minds right away is to control the money it use in playing gambling as well, but it's not done that way, when you engaged in a gambling addicted, the person might forget about gambling when you look for something that is payable and will also consumed the person's times and also pre informed the person concerning gambling not to participate in gambling, its not that person will stop gambling totally but it will adjust in gambling because of the way people talk about gambling and anothing is understanding, their is some people who will not gamble again after your advice and some people will still continue |
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I was in argument with someone. His view is that people who gamble are those that what they have is not sufficient for them and so they try to make more money from gambling. He said if you have sufficient money to take care of your needs that you won't think of gambling. He made reference to some rich people, who don't gamble because they have sufficient money to even gift to charity but that those rich who still gamble are only addicted to it not just because of the money. Therefore, that the percentage of the rich gambling is very small compared to those in middle class and lower class.
So my question is, is the percentage of the rich gambling lower than the middle and lower class?
Most of the present gamblers their aims of gambling is to accumulate their money and their is some people also whose their office or job is gambling, so what do you expect with such kind of people, what people have in mind for gambling is to accumulate money and make money to be sufficient in their accounts, I have not seen any of the youths who gambles currently without having the mindset that gambling is the way of survival, which I'm trying to abolish such mentality in them, because when looking at this stuff is okay and understanding that gambling people have different plans of gambling. |
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Do you know that it's good for someone who is underage not to participate in gambling but right now many people who is in gambling do participate in gambling just like that, which is not good, I don't know the reason children will engage in gambling, children participating in gambling is bad and it will lead to stealing, but I know that it will be very difficult for government to whoever that is onto gambling because gambling now is something you can be in home and gamble and it will be difficult for government to track whoever that gamble and know their age, I think this is one of the reasons why some gambling platform demands for KYC of their customers, I think with your ID card the gambling platform can denotes if you are underage or not.
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Gambling sites like Bc.game and Rollbit now include trading feature in their casinos. In this game we need to predict small fluctuations in price over a short period of time.
This is became my favorite game. What do you think of this game?
Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.
Do you know that some of the gambling games almost have same features of games, I theirs one certain time I checked some of the gambling games, I think I use like one day to cross examine such, but I notice that some of them is now having same features, except that this particular game features you are emphasising in Bc. game and Rollbit, I know that rollbit already has good features of games but it's almost same games with other gambling too. |
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It's necessary to read the Terms and conditions of gambling before participating in a gambling platform, because that their conditions is something you suppose to consider most because of your funds, you may go outside of their conditions and you win a game in their platform its clear that the money you won may not reach you because you go against their rules and regulations of the forum as you may say or you may think of, what I know in some of the gambling platforms is that when they give Terms and conditions concerning kyc we should do it so that we will not have problems by withdrawing our funds
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. - Maintain a sensible approach. Avoid chasing excessive profits that could lead to a complete loss.
- Remember that not losing is often more advantageous than risking it all.
- When luck isn't on your side, consider an immediate pause to prevent further losses.
- It's crucial to recognize that consistent daily profits are unlikely. Don't jeopardize your entire balance just to chase them.
In this point of yours I find them very courageous in gambling, some times both in gambling and in trading what makes some people to lose what they suppose to a part of beneficiary is greediness, when you have elements of greediness in trading and gambling it will make you to lose whatever you may win, let us learn how not to be greedy and gamble with small and amount of money and with few games we are sure of that may be entered when we bet. Sometimes too we don't consider losing of game as something that can happen or something that may not happen, we do think of the advantages and we don't think of the disadvantages of it. |
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Their is things that's very sensitive and when you looking at it you will know that particular thing is true but the problem is that how can we know that this particular thing is true or not, women don't participate in gambling and any kind of gambling that much, but the reason is yet to be known why women don't like participating in both decentralized gambling and centralized gambling, when we make a research of each of the countries the statistics of gambling you will know that gambling of women it will be like 10% out of 100% of women participate in gambling in each of the countries and some will be zero percent, because since my life I have not seen woman coming out boldly to narrate gambling and also predict gambling.
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Let's discuss the unique challenges of responsible gambling in the world of cryptocurrencies.
Crypto gambling can be fun, but it's important to keep our financial boundaries intact.
Share your tips and thoughts on staying responsible in this digital realm.
Their is no gambling that can not be fun both cryptocurrency and fiat gambling but the problem is you have to know your budget in any of gambling, If we should talk about having a gambling budget you will know that all gambling are for fun and their not for any other kind of play and any other kind budget, when you don't know how much that's supposed to be going outside of your bank account because of gambling in a month time you will change a narrative of gambling because will be harsh on you because now it has change a narrative and its soon be addictive when budget allocation is not included |
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I have often wondered about the people who have lost a lot in gambling and who almost loose in every gambling activity they participate. What is their reason or motivation to continue even after so many losses?
When you lose in gambling first and second time, you will be biased in gambling and your mindset will not inform or tell you that when you continue participating in gambling you may be losing more of gambling than any other things but the instinct of some one who loses gambling will not tell you, but they will continue betting in gambling so that they will recover today's money they lose and tomorrow money they lose, so the plan of someone who continues to bet so that it will win and the one wining will cover up other loses, I don't think those do win gambling, such plans will make them to lose more |
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I have not seen any signs that bitcoin price will increase or bitcoin price will get hundreds thousands tomorrow or since the beginning of this year, I don't believe the price of bitcoin increasing to such extent, because I know quite well that bitcoin until this year ends the price will not be above thirty two thousands in price and if the price is above thirty two thousand it will still come back to that particular point, so what I want you to understand that Bitcoin price get increased because of rumours of the market and influencers of bitcoin price
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We are all welcome to 2023.
2022 was not a good year, but not exactly a bad year too. Bitcoin falled from $48000 in January and fall to the lowest price of $15500 in November 2022. But we should also know that November 2021, bitcoin got to all-time-high of 69000.
Some people got bitcoin, holding it and the price falled as some people sold. But the good news is that all-time-high is still possible and that might likely be in 2024/2025, just a prediction though. During the falling of bitcoin price, it was more on altcoins as they fall the most.
Some people save coins on exchanges, 2022 was another lesson for those kind of people as FTX collapsed and millions or billion worth in dollars that many people lost. Not you key not your coin is a lesson in 2022 as those coins saved on exchanges wallet addresses dropped significantly after the FTX implosion.
Let us begin the fun of 2023 by guessing what would be the highest bitcoin price in 2023.
The price of bitcoin in 2020 is not as same to 2021 and it's not same 2022 and 2023, what we should ask ourselves is that why is it the price of bitcoin is changing everyday by day and every year by year instead of the price of bitcoin going and it's falling is that people invested in bitcoin in 2020 and 2021 when bitcoin price rise and move up and people because of what they see about bitcoin invested in bitcoin and now the price come back to this price why is that since 2021 the price reached 60k it has not gotten to 50k or 40k above instead is falling to extend of falling to 28k and began to fluctuates. |
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The funny thing in bitcoin market is that when the price of bitcoin is increasing some will be appreciating the good will of bitcoin and when the value of bitcoin will be decreasing same people will complain about the price of bitcoin currently, but I think that falling of bitcoin in price doesn't give people happiness but rather the increment of bitcoin give people joy and understanding, let us be happy to bitcoin when the price fall and when the price rise may people benefit from both aspects, their is some investors who is desperate for bitcoin price to fall before they can be okay but when the price rise people that invested for sometime ago also be happy.
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What if there is no crypto bull run for next 10 years ? Will you give up all your investments and get out of crypto because of this ? Or do you you have even more broader horizon and can wait longer to see the next bull run ?
Personally, I am very much positive with bitcoin future but we should also be prepared for all situations. Nothing can be guarantee in present times and we must also be prepared for worst situations.
The person that doesn't believe in bitcoin investment will give up according to what I have seeing in cryptocurrency business, so I believe that cryptocurrency investment is a mind and when you have the mindset to invest in cryptocurrency its when you can have the full encouragement to invest in cryptocurrency as well, because not everyone will have the believe that definitely bitcoin will surely increase whenever you invest in him, bitcoin investment is good but it depends on your intentions over the investment. |
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Most of the grown up people do not live with parents. At such, the parents are not aware about the interests and habits of individuals. Do you parents know that you gamble ? What was their first reaction towards your gambling habit ?
Their is extent that you may grow and some people or your parents will not question you when you gamble and that is why we do says that gambling is basically meant for adults not children, if your parents is the one feeding you and you are still dependent on them when you gamble they have the right to question you, but a situation whereby you gamble with your hard earn money I bitcoin that their nothing will make you to gamble and someone question you, because the money you use and gamble is your own money, so gambling have to do with strategies and plan. |
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Is it the game you started playing as a gambler that you still play till now? Is there any gambler in this place who was used to playing a particular game before but never was successful winning or did not win enough and then made up their mind that it was time for a change in the game you gamble on. Which game did you change from, and what did you change to? how long did you play the game that you are deciding to stop playing because of the bad outcomes?
Someone who is a gambler gamble at any point in time, so therefore I will like to encourage whosoever that is into gambling to ensure that it have a specific game they gambles with, when I make such post many people gambles well do say that you can gamble in any place you feel to gamble because gambling is all about what you know, some doesn't gamble with soccer game kind of gambling but they gambles in casino game, its their choice to gamble in any gambling game |
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And coming back to KYC, i personally believe that it will be of great help if after signing up on a new casino, we reach out to the customer care of such casino to find out what their terms on KYC is, even if we have read it in their terms of service, having the customer care repeat their terms in chat can sure give some confidence, so that if after depositing and playing, and upon withdrawal, they try to do anything stupid, we can immediately hold them by their words .
Should we first of all waited for the casino registration before reading up the requirements for the KYC if they are conditions we can afford to bear or not, we can't just continue making registration on wasted efforts to later discover that we cannot cope with their laid down conditions, the only condition i can accept this kind of suggestion is when the casino is not a KYC gambling platform entirely, then I will know that after my registration, i have nothing to worry about. Sometimes casino can decide to leave KYC verification so that gamblers would not have any problem that will hinder them from using the casino to relief them of the stress they would have to understand if KYC is required immediately. I think this will help the gambler to focus on something else especially on there bets and when they wan to withdraw, KYC can be necessary. Some persons could see this kind of tactics as a deceit not knowing thay their KYC verification will be needed when they are not asked from the beginning. This is why it is very important for us to do some diligent findings before using any casino. Without be told we suppose to know that KYC verification is important and as a gambler of different casinos you have your documents and verify all your accounts, secondly we have to understand that some people don't like to show their identities in online or share their documents and that's why KYC in casinos always give so many of them issues and they can only be curious in any issues they have when they want to withdraw and that's the time they will start complaining of verification of their documents, so we need to be serious in anything concerning verification so that we can be free to withdraw any wining balance in casinos platform. |
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Gambling is a place to spend money, although many gamblers consider casinos to be a place to earn money. But in reality, more gamblers lose their money at casinos or gambling sites. So I think all of us here probably have almost the same experience, namely losing a lot of money gambling
I also lost money because I lost on gambling, but maybe not that much. But I know there are people who spend a lot of money for gambling. In your opinion, what should we do if we have lost a lot of money on gambling? Do we keep gambling to win so we can cover up previous losses? or stop and work normally and leave gambling? Or do you have other suggestions?
The profit gain in gambling and loss of gambling equate them, if you equate loss of money we lost during casino gambling and the one we profited in gambling you will know that gambling is not all about what you have planned for, their one certain time i said that we should make a statistics of the money we spent in gambling weekly and monthly and also can the money we realize in gambling both weekly and Monthly and compare the both and check what comes out of it, so that's what I want some of our gamblers to know concerning gambling weekly and monthly then you will seen how much you personally spend every week in gambling, playing does not necessarily mean that you make money because gambling is a game of personal interest. |
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