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As others have already suggested, you're lucky that you were allowed to withdraw the funds. I believed that people would have learned their lesson after having their accounts go under investigation when the whole mixer situation occurred. That's on you, not the exchange to blame.
Receiving funds directly on exchanges isn't advisable, and I believe you now understand why. On top of that, centralized exchanges have all your personal details, and receiving such amounts of cryptocurrency from unknown sources could raise red flags in your account, and you may also be subject to paying income tax if you were put under further investigation.
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I dont know if its really been that changed or updated but based up on research this is the only information i do get. Games that promote NFT wagering or staking in exchange for the opportunity to win anything of real-world value (including other NFTs);
Games that allow players to stake NFTs in exchange for other digital currencies, including the promotion of “social casino games” that reward players with an NFT;
Games that simulate casino gambling, such as poker, slots, or roulette that allow players to potentially win an NFT;
Games that promote “real money gambling” destinations, including gambling-related advertisements that appear on your game’s destination.Source: https://nftnow.com/news/google-allows-nft-gaming-ads-updated-policy/This might not directly talking about NFT related but basing up with that gambling related ads then it seems that they would really be needing up to comply something? You're right, I can't recall what kind of advertisement it was, but it's unlikely that it was casino-related, but probably some kind of NFT. I tried to replicate it on Google and Facebook, but all the results are of all the major casinos known in my country, such as Stoiximan, Novibet, or Bet365. I am not sure if those are international or not, but they are permitted by the government and go as far as withholding a percentage of your earnings as income tax during the withdrawal process. It's frustrating that even in this day and age, where cryptocurrencies are booming, many related services are banned for undefined reasons. |
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Marketing is a strategic means to attract new players to the casino and in this situations casinos are employing every possible open marketing means to reach their targeted audience, so since gambling have a limited space for marketing it is important to key into the few Window open to them, for example google did not permit gambling ads on their platform but that doesn't effects casinos from marketing themselves from the other options open to them, e.g forum signature and other ambassadorial activities are the prominent ways that casinos can market themselves alternatively to other platforms that limits their adverts.
One question: Is Google's ban on cryptocurrency casinos still in effect? I can almost swear that I've seen casino advertisements outside of the forum as well, but I might be mistaken. Generally, they're advertised on any cryptocurrency-related website, service, or blog, but their presence is a little laid-back, especially if you take into account that many countries have banned them and prohibited their access without a VPN. To be honest, if it weren't for this forum, I'd probably rely on the "centralized" casino corporations that are being promoted on pretty much every social media platform and require all your personal details just to sign up. |
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I’m staking around 6500FDUSD in both Omni and Rez but my profit didn’t come close to 30$ to 40$ above even though I start staking on the opening date of the launchpool.
But the rest of the launchpool especially ENA gives me a massive profit but the last 2 is not that profitable and makes me just a little bit breakeven since FDUSD always dump whenever launchpool is near to end. Comparing to earn feature USDT, Launchpool is indeed more profitable.
I never claimed I made anywhere close to $30–$40 with OMNI or REZ; I haven't been in the process of selling them for a few bucks. I accumulated only 0.75 OMNI, which at its launch was worth approximately $30, and it quickly plummeted. REZ was a total disappointment because, even at its launch, it was worth $10 for 46 coins. ENA was an absolute charm; it yielded an average of $100 and could have made more if I had sold at a higher price. I'm now stuck with OMNI, REZ, and SAGA, hoping for a positive comeback sometime in the future. |
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The OP didn't sound like a very newbie because he did have some BTC in a wallet and even anticipated the halving just like the rest of us.
Although it may seem like a short-term investment from him, but with this experience comes the knowledge and the trust is firm knowing that any plan to invest such as accumulate or DCA or trade, is a sure guarantee to receive a good return on the capital invested.
Am sure that with further trades, the fees won't be an issue, considering the fact that cheaper trading pairs exist and charges vary per exchange platforms.
Doesn't necessarily mean anything. Owning Bitcoin doesn't make you knowledgeable or an investor. I used to have over 0.40 BTC at one point, the most I've ever had, even till now. Was I experienced? By no means, I was a dumbass for wasting my chances and my Bitcoin back when it cost less than $400 per coin. Having large amounts of Bitcoin or being an active investor doesn't automatically make you experienced. I've been in the scene since approximately 2015, and there's a ton of things I've no idea about. I still consider myself a novice. |
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Is this guy bragging with his bet or he's asking for a real advice?  He probably knows what he's doing, asking the sports betting noobs on the forum for advice seems more like a joke. I would also cash out, this is the most logical thing to do. I wouldn't risk losing 49K just because Milwaukee couldn't win against Indiana Pacers. I'm not a basketball fan and I think that 3.75 seems like pretty high odds. And by the way, good luck with trying to withdraw that 49K or 100K profit from Stake. Possibly a little bit of both. I'd also be intrigued if I had the opportunity to turn $1,500 into $100,000. Would I do it? Probably not, but it depends. Is $1,500 an amount I'm comfortably losing and is it a frequent betting amount for me? If yes, I'd go for it; if I'm already out of boundaries and it's a huge sum of money that simply occurred to have due to a lucky streak, certainly not. You could also opt to bet less than $1,500, such as half of it or as much as $1,000. You'd still yield great returns if you win, and if you lose, you wouldn't have lost all your money. |
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What an adventurous match that PAOK AEK was. PAOK still holds some hope for the first place while for the other teams it's going to be very hard to reach first place. AEK has one more game played than Olympiakos and PAOK but still AEK's last match for the season is against Lamia and would be considered very easy for them to win. Mayyybe if PAOK win all their 3 upcoming matches they have a chance. But winning against panathinaikos and Olympiakos who are their upcoming rivals will be no easy feat.
Well, the next matches now will be around mid may, so we can take a rest from betting. In the meantime Olympiakos will have a couple of matches for the semi finals of conference league, which I'm sure those interested in the Greek league would also like to watch.
That's true; there's still a slight chance for PAOK to reach the top. I also didn't expect them to win; it was a great match. I also wasn't expecting Aris to win against Panathinaikos; they had lost the last 4 or 5 matches, if I remember correctly, but it seems they made a comeback. OFI vs. Asteras Tripolis ended in a tie with a score of 1-1. I thought they'd win against Asteras, but nope, another bet lost. Anyway, the next matches are after Easter, so we'll take a much-needed break from betting and football altogether. |
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Staking stable coins FUSD for binance Launchpool I don't think worth with reward shares only 20%, around million dollar and thousand hundred participants with that pool and earned small reward.
I joined by using BNB staking coins although high risk but earn high reward from launchpool with sharing 80% allocation to participants using BNB coins staking.
But high risk with joining launchpool in binance by using BNB coins usually will decreasing after launchpool over, but BNB is most strong fundamental coins and I invested during BNB under $250 keep holding for getting launchpool coins reward. Waiting with new launchpool after last participating with OMNI coins and high reward receiving with coins first time listing price above $40.
Actually, it has been reduced to 15%, but still, even with FDUSD, I've managed to earn a reasonable amount per project. You can check the detailed table; I found a few replies back and on the starting post. BNB has a higher risk due to price fluctuations; we don't know what may happen in the future, although I still remain quite confident about it and may be planning to acquire some more now that the price has slightly dropped. I only got to know BNB Launchpool a few days ago precisely when the ethfi project was launched. At that time I didn't know how the mechanism works but now I have learned and I see BNB Launchpool could be my choice when I hold my coins. My question is whether Binance Launchpool can be more promising than staking? And how much should I farm to earn at least $20-$50 per project?
It depends on the project; check my detailed yields on the starting post. I'm currently staking approximately $3,500 in FDUSD and 0.85 BNB. The majority of projects yielded more than $30 to $40 each, with a few ones going as high as $100. The past two or three projects have been a little disappointing, either because their starting price was way too low or because I didn't sell at the right time, and now I'm stuck with the coins. |
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Halving is a historical event that a lot of crypto enthusiasts look forward to so it is quite impossible that op did not manage to at least encounter one post whether here in forum or in social media about it.
Personally if there is something I encounter that I am not very familiar with, I will go research further about it instead of believing whatever I already had made up on my mind especially if it concerned my money.
I'm not saying or implying that the OP didn't see any posts regarding the halving; quite the opposite. The OP likely anticipated a great price pump due to the increased posts found on the forum and pretty much everywhere on the internet, which likely resulted in his confusion. I don't blame the OP for not knowing any better; he's a newbie and is likely to have limited knowledge. It must be frustrating to see so much publicity only to see its price crash below $58,000 shortly after. Someone who's more experienced sees it as an opportunity; others, however, see it as a threat. |
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That means you staked around 4 BNB to farm Rez. I also farmed it. Well, for me, I won't say it was disappointing because I didn't expect it to worth much. Once I see so much tokens allocated for launchpad for farmers, I do a mental calculation after day one to have a vague idea of what I should be getting at the end. Anyway, I don't concern myself with what price is upon any listing. I've never bothered with that because I don't intend to sell any token from Binance launchpad yet until the bull rally gets to its height.
One thing I've come to observe is that Binance now has more launchpads at short intervals unlike when CZ was running the exchange.
A little more than 0.85 BNB and $3,500 in FDUSD, to be exact. Well, I also speculate on how much I'm going to earn, judging by how many coins I accumulate, what some prediction claims according to the coin's presale, etc., and judging by how much I've earned on average from each launchpool. My average ranges from $30 to $40 per project, while it can go up to $100 on rare occasions, but it's extremely rare to earn less than $10. I've sold the majority of my coins earned from Launchpool, some immediately and some during bull market periods, and I'm generally satisfied with the returns. I'm now holding the latest ones, hoping for another major pump. And that's true; I even remember a statement from Binance's new CEO regarding new tokens and the launchpad platform itself. |
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Renzo Protocol (REZ) is probably the most disappointing Binance Launchpool I've experienced so far. It was listed today at 12:00 UTC with a starting price of $0.30 per coin, which immediately crashed to $0.20. Predictions were circulating that it would launch with a starting price of approximately $0.80 to $1, but these expectations fell through by a lot. The 46 coins I acquired through farming are less than $10 worth, and this is probably the first time I've experienced such a floppy launch. I'll hold these coins for a while, hoping for the best, but the few last projects haven't gone as smoothly as I was used to, leaving me with coins that have lost more than 50% of their value.
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Well, didn't you check the fee before proceeding with the transaction? There's no way you couldn't have noticed it, so that's on you. The first hours had excessive fees but returned to normal shortly after. As other users have already mentioned, the halving event is an integral part of Bitcoin, happening every 4 years. There was nothing extraordinary going on with this particular halving event. You're a newbie and possibly didn't know, and it's also understandable because everyone keeps mentioning the halving, and it's reasonable to believe that it's suddenly going to surpass its ATH, but it doesn't work that way.
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Oh well, that sucks big time. Don't get discouraged though, there are still reasonable chances to successfully recover your friend's files. As the previous poster already mentioned, formatting your hard drive doesn't fully delete your files, your files are permanantely deleted when they're overwritten by other files. I personally was successful recovering photos and videos over 5 years old with Recuva, I'd suggest you to at least attempt it with a deep scan. If that fails, I'd recommend going to a professional, even though I'm not quite sure how differently they can act.
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Halving bring enthusiasm for Bitcoin and not posting on the forum, if there's anything we should be doing during that time is making our plans in preparation for the aftermath of the halving. Lets take a chill pill and look at things from a different point of observation because I know we're always quick to point fingers at some things that we feel are reasons for less activities on the forum but lets not forget that people have a life outside the forum and some times life outside might be the reason for the less activity on the forum.
People are suffering from different things that might make them to not be available for posting. I myself haven't been as active as I use to be because I'm having some life challenges and I believe others might be facing similar issues. When there's reductions in post activity it could be because of things like this and looking at some accounts that used to be very active on the forum are no more so obviously there has to be reduction in post quantity on the forum.
We too need to look at the fact that the bounty/signature campaigns aren't as motivating as they use to be to those that need it to get motivated to post on the forum and the other reasons that have been mentioned here that I don't have e to repeat are also contributing factors. But still we are having a very decent amount of engagement on the forum to keep it alive so I think we're good, the activity will.come back up later eventually.
Halving brings ethusiasm and ethusiasm is attracting new members. At least from what I've noticed, during every bull run, especially one after halving, you'll notice more and more posts regarding Bitcoin's price and generic speculation ones from brand new and newbie accounts. Even I returned to the forum after the halving of 2020 and the upcoming bull run that pumped Bitcoin's price back to $20,000 after many years. I believe this is the reason the OP is correlating the halving with posts per month. I also remember the forum being more active in 2017, especially in terms of signature campaigns, but the content wasn't as good as it is now. Keep in mind that the merit system wasn't introduced yet, and there was a large amount of gibberish due to them being able to participate even in low-paying campaigns. Generally, even with Bitcoin's new ATH and high price of over $60,000, I believe that this isn't the best period for a large number of us due to certain circumstances in our daily lives, which is the main reason I'm not as active as I used to be a few months ago. |
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You would really be able to expect when it comes to this manner on which you would really be able to see those kinds of generic suggestions but you cant blame them if they would really be giving Bitcoin advises.
You cant blame them because when it comes to long term then this is something that will really give out that kind of worthy long wait but of course it will really be that depending on the entry point.
On the time that you are really just that starting with this market and see out your money that decreasing then you would really definitely be having that kind of impression that it might be going to zero.
This is where you would really be cutting your losses on which it would really be that a waste on having that kind of approach.
Its always important on having that consideration that emotion is something that you will be needing to control but since you are noob then lacking of experience
will really be something giving out a toll for you. Mental state would really be strengthen on the time that you would be getting that kind of experience which its a normal condition.
You would really be able to get yourself having that kind of grasps if you are really that preparation.
Well, acquiring Bitcoin and DCA aren't bad suggestions, but they are indeed generic ones. I mean, the majority of users here who're giving out advice don't take into account how much someone can take mentally, nor can you blame someone for panicking during a market crash, you aren't to blame for someone else's inability to keep their cool during bear markets. I believe we've all experienced such crashes, and while now we may have a completely different approach, as newbies, it was perfectly reasonable to feel frustrated. Having a cut-loss strategy like you mentioned is essential, especially when dealing with altcoins or actively trading, and this is what most of us fail to do because it's unfortunate to deal with a loss if we fail to put a stop to it when it's at least early. |
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Many people are ignoring and ignoring this golden rule and this is happening most especially in the cryptocurrency market. Many people naively think that bitcoin is a low-risk, but high-reward investment and they invest everything they have in bitcoin. They even think that saving is a waste, they like to invest it all in bitcoin and think that it will make them rich in the upcoming bull season.
There is no denying the potential of bitcoin, but it seems many people are becoming too delusional when relying on stories of getting rich by buying bitcoin 10 years ago. And they are blinded by greed without knowing that the risks they face are not small.
That's a great point, and it can actually be seen in this forum quite a lot. When you see newbies's questions on what coin or where to invest, you'll see the generic advice to buy Bitcoin, DCA, and so on, and honestly, I agree. Bitcoin has proven it's a relatively safe investment; however, as expected, it also has its ups and downs. It was a little more than a year ago that Bitcoin had plummeted below $20,000; someone who has gone all-in on Bitcoin because they thought it was a panacea is going to have serious issues keeping their cool. Unfortunately, we often overlook how important mental health is and the strain financial troubles cause, and investing is no different. I personally suffered it when attempting trading during the second COVID-19 quarantine; it's a subject that is not often discussed on the forum as well. |
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In the past, I tried looking for a blocker plugin that best suits smartphones today but it's not easy if it's an application they are installing. An example is Facebook, there's really no way to block those advertisements because they are part of the video that was created by the streamers. Sure, we can do the blockers in the web browsers but not many kids use those anymore. They always rely on newer applications that would best serve their interest. TikTok is another example that is so hard to prevent or filter the better clips for kids. Youtube found a way by creating Youtube kids but when they grow up, they think it's only for babies. Filtered internet becomes a problem for us adults especially if we have websites that needs access for our jobs and then you will just find out that it's affected by the blocker. That's right, Facebook is filled with paid advertisements that you cannot block, and sometimes they're malicious as well, and it's not just Facebook but other platforms, like Instagram and especially TikTok. The latter is filled with so-called influencers who are promoting Ponzis, pyramid schemes, fake signal groups, and sports predictions. It's really frustrating because I haven't seen any proper action taken against them in order to effectively protect their users. I've never fallen victim to their scams, but someone who isn't as knowledgeable about technology can easily be tricked, and filtering such advertisements isn't possible. |
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I haven't really bothered with most features in casinos; I'm all in for the bare minimum when it comes to gambling. I just want to hop on, play, and be done with it. Although I believe that any extras, such as blogs, articles, forum additions, or a global live chat, are nice additions that create a positive community feeling and approach, they aren't a priority of mine. I already have this forum as a means of socializing and communicating for gambling purposes, and I don't need another one to spend even more time on. I'm perfectly satisfied with just the gambling part of the casino.
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Everyone has their own ways and strategies for making investments. This is not the first time I've heard someone saying they are not buying because the price is too high because they make investments only when the price is very low like when it is in the bear market. After all, that provides better profits in the long run.
People who think differently wouldn't like this strategy because even if you buy at a higher price, as long as you know that the market has a higher possibility of going up than going down, you can still make some profit, and as we know we are expecting a bull run in the next couple of years, so making investments right now might not be a bad idea but as I said, it depends on someone's mindset and how they see the market and how they want to make their investments.
For me, if I have the funds, I wouldn't mind buying some Bitcoin even if it's high because I'm optimistic that the price will go up in the next few months.
That's understandable, and it's why I've explained on another thread that the DCA principle isn't always ideal or foolproof. However, at the point we're at right now, I can't imagine how low Bitcoin could possibly go unless something completely unexpected changes the flow of events. The bear market is the ideal period to accumulate Bitcoin. I remember getting paid as much as 3 mBTC per week from signature campaigns due to the lower value. That period was a huge boost for my Bitcoin acquisition. However, I doubt that we'll ever see such price levels again. With that being said, I'd still consider distributing some money in Bitcoin as well, provided that I have the budget to do so. |
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About Bitcoin, I've put a stop to its investment since last year, and as an investor of many years in the field of the financial market, it is not advisable to continue to buy an asset at a high level, it is always detrimental, especially if something unforeseen happens at that unattractive level. Needless to say, the expected value is no more worth the risk since there is no way one will make 3 times their investment in Bitcoin in this bull season again, so why still risk it even as we are not yet sure if 2 times the increase is still certain in this bull run.
A lot of questions are being asked at this point, and if care is not taken, one may make regrettable mistakes by believing that Bitcoin will always behave the way it did in the past. I started my Bitcoin investment in 2020 and I was committed to pumping it every week then, so I've had enough and with what I've gained so far, there is no way I can miss out on this world cake anymore. My focus is on altcoins now and it has been so nice for me, and I am sure when the altcoins season comes as usual, it will be a very good testimony by then.
There is nothing wrong with diversifying.
So, let me get this straight: you're no longer investing in Bitcoin because its value is too high at the moment? I understand your point, and there's certainly nothing wrong with diversifying and opting for other investments as well, but doesn't that work against the principle of DCA, something that is commonly promoted on the forum and advised by many members to newer ones, as a safe-ish way to invest in Bitcoin? I'm personally not into altcoins for long-term holding, although I've made some reasonable returns on a short-term basis, but I understand your point. Despite that, you're still earning Bitcoin through signature campaigns, so unless you're using these funds elsewhere, you're practically investing in both simultaneously. |
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