We all know how volatile the crypto market is especially now. I have heard so much about crypto trading bots and their possibilities of automating the trading process and turning folks into crypto millionaires. For some of these bots, the user can program them to buy at predefined low and sell at a predefined high. I’m pretty skeptical about this maybe out of ignorance or just sheer human skepticism for stuff like this. Have you ever used a bot to automate your trading? Do you trust it enough to make the right decisions? If trading bots are as good as they claim, why are folks not using them as much as they should?
If those crypto bot were turning people into "millionaires", then everyone would have been using it and be a millionaire by now. They are not using it as much as they should because those kind of bots doesn't exists. If someone wanted to sell you this bot claiming that you can be a millionaire, he probably is trying to scam you. Why would he be selling it to you when he could be using it? Why would he even have to sell you for money? He is already a millionaire. Bots can be configured to steal your funds. Bots can malfunction and you might end up losing everything. So I would suggest you to stay away from those kind of bots. |
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I don't understand why those countries want to put a ban on crypto currencies. Banning something is not a solution. If the government is afraid that people will be using it for evading taxes or other illegal financial activities, then why not just regulate it properly? Introduce a proper regulatory framework that will allow their users to use crypto currencies legally without any issue. I am sure their government doesn't know much about how crypto currencies and blockchain works, hence instead of trying to learn about it, they are just proposing a ban without any justification. I hope they know that even after they ban it, their people will still be and will be able to use bitcoin.
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Whenever you can afford to invest. No need to look for strategy. If you have money lying around that you can afford to lose, then just invest. Invest and keep holding. In the long run, you will be making some good profit as long as you don't sell it when you are at a loss. If you want to wait for the dips, then wait for dips, buy and sell when the price is high and repeat. But in this case, you have to time the market correctly and risks are high when compared to holding for long term. You should take your own financial decisions since you know best what your situation is.
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You probably broke some of their terms of service or something. Ask them to tell you what exactly did you do that made them ban your account. If it was from your own balance, then highly likely they will give you your deposit back minus any profit. If they don't then try to convince them. But if it's from their bonus or something, then I doubt they will give you anything. Bonus abuse on casinos are dealt with very strictly.
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Each casino has their own policy. You can't use any identification document and say that it must be valid. Some IDs are not accepted globally because they aren't easy to verify. So if they said that they won't be able to accept your ID, you must have to provide an alternative ID that is accepted globally (like your passport). And I doubt they said your ID is "Garbage". If they really said that, then post screenshots of it over here. Get a passport and withdraw your funds. I mean why aren't you getting a passport. For that $80k, I would grab my passport the next day.
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BTC has crossed the mark of $43k after a while and will it pump further towards $50k and is this the buy in period or else it will once again dump and stay around $40k for some more time? IMO there are more possibilities of bitcoin recovering from recent correction and March towards $50k which will send green signal for entire crypto market and we have even noticed it's positive effect today on top altcoins, what's your take on this?
My take on this? If you can afford to invest, then keep on investing. Don't wait for $40k or $50k. Don't wait for the dips or anything. Just invest and keep holding as long as you can. In the long run, the price will increase and give you some good profit. If you keep on waiting for the price to dip, the dip level you are looking for might never happen and you might miss all the opportunity. Think of those people that were waiting for the price to fall down to $20k when the price was $30k. It never happened. Keep holding, but if you think you have to take some profit, then sell and reinvest again when you are ready. |
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Hello am new here and am interested in gambling but with the rate of scams casino I am finding it difficult to know the right site that don't scam players?
If you are looking for online crypto casino, head over to the Gambling section over here and look at the announcement thread [ANN] of each casino. Avoid casinos that are new. Look for casinos that has been here for a very long time and has good reputation. Look for reviews. Google the name of the casino and read more about it before you make any deposit. All well known casino over here won't scam you. But make sure you read their terms and conditions before you start playing. Learn about their KYC policy incase you are looking for playing without verifying. You can try CryptoGames if you haven't. |
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Soon Bitcoin would not be news or in the news as much as it is today. No, it will not be banned but rather there's it would have garnered so much support and acceptance worldwide. The rich, the poor, the upper-class, the middle class, school kids in kindergarten, the mayors of cities, Presidents, Priests and Clergymen, Imams, and Rabbi would own a satoshi no matter how small. My confidence and hope in this belief grow exponentially every day because the world is moving towards the consciousness and reality of cryptocurrencies. It’s damn hard to ignore. Everyone is talking about Bitcoin on the tv, newspapers, radio stations, the coffee shop, the grocery shop, religious places of worship, strip clubs, casinos, in the North pole, Antarctica, Sahara Desert, the Atlantic Ocean, and everywhere one turn towards. In the end, we’re going to have two types of people. The first type of people will be those who got on the Bitcoin train voluntarily. And those who were “forced” because they had no other choice. At this time, Bitcoin and other cryptocurrencies are not going to be a big deal anymore. No one will care about whales and sharks manipulating the market prices because there will be sophisticated systems put in place that serve as buffers. It’s going to be like having a dollar or your local currency. Everyone will have it no matter how little.
Not going to happen anytime soon. Maybe after few decades, but we can't expect that now. And bitcoin and crypto currencies will always be on the news no matter what. Fiat currencies are mainstream now. Everyone uses them. We still see them on the news regularly. You probably skip the economy and finance updates when reading news. They always talk about how the top fiat currencies are performing. Inflation and all other stuffs. And no "sophisticated" system would be put to stop the whales. If bitcoin becomes a mainstream, the number of whales would eventually disappear and we won't be seeing much manipulation. |
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It's a joke I guess. I don't think many people posting here play gambling in reality. But to answer your question I would quote an advantage : gambling helps you to understand what chances/risks and probabilities represent in real life and it helps you to evaluate them in a more accurate way.
How is that an advantage? Why would you need to gamble to learn about risks and probability. Gambling doesn't represent anything of those in real life. Gambling doesn't help you evaluate risks in more accurate way. The risks you take gambling is totally different from those you would have taken while doing something else. Gambling depends on completely on luck. If you are doing business with risk, the outcome will depend totally on how you to the business. You have control over the risk. But in gambling you don't. The cons of gambling is way more than that of pros. |
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Most of the trend today is relayed on the world of NFT so there's an instance or chance might be they will adopt this kind of a trend right now afaik there's a thread too related to the Gambling and metaverse and also the virtual reality due to pandemic many people now are would like to entertain with this trends its the new meta of the gambling industry well looking forward on it lets see.
All those you stated are currently just a "trend" and a "hype". Whenever a trend and hype goes away, everything slowly dies with them. I don't think "big industries" would make a move based on hype. It would be huge risk. But metaverse might become a thing since Meta (facebook) is trying to lead their way into it. But I don't think it is going anytime soon. The whole augment and virtual reality thing is still on the development stage and is far from perfect. And the pandemic won't stay forever. Once everything gets back to complete normal, highly likely people will forget about the virtual life. |
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By staking do you mean sending your coins to some centralized exchange where they will be giving you some profits in return? Then no, I wouldn't suggest that. Holding large amount of coins in an exchange is never safe. You don't control the coins. And when you stake in those exchanges, your coins get locked for a fixed period of time. If you stop staking before your lock period ends, you lose everything you have earned. So there might be days where you may want to sell your coins during a bull run but you will have to abandon all your rewards. Not worth it. But if you are holding coins that can be staked, then stake it on your own wallet instead of just holding it. Most of the coins allows you to stake without locking your coins. Delegate to a pool and start receiving passive rewards while holding.
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Looks like you are just shilling for some shitcoins and your buddies are here with you to help promote this coin with no utility or usecase other than pumping, dumping and scamming. All those "anti whale" system sounds like total bullshit. This token has a trade volume of only $25k and you are saying you are making "good amount" from the reflections? That is totally impossible. And any coin that has the word "Safe" screams scam.
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Quick question. Have you ever bought the dip, but then the price breaks through the support and continues dropping deeper for weeks or months?  Well, I have done it before. The problem may not be panicking but may be determining the actual dip before a pump. Not every dip is worth buying I doubt it is easy to find out the actual bottom of the price before a pump, but I would still say buying every dip is totally worth it if you are planning to hold long term. Buy the dip, or you might regret not doing it. If it dips even further, then buy more if you can afford to invest and it will bring down your average buy price. As long as you aren't selling cheaper than your buying price, you won't be making loss even if the price falls. You still hold the same number of coins. But it's a whole different story if you aren't planning to hold long term and wish to make some quick profit. |
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It can make you rich if the price of bitcoin is worth billions of dollars. So yeah, it will make you (probably dead you) rich but not now. Maybe after decades. Maybe not during your lifetime. But it is the crypto market. So nothing is impossible. Even if you invested on 0.01 BTC a decade ago or when bitcoin was created, you still wouldn't be rich today. But if you had invested back then the amount that is equal to 0.01 BTC today (around $400 USD), you would have already been super rich by now. Keep investing slowly and hold it for long term.
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All most all exchanges will require you to go through some sort of KYC if you want to get involved with fiat currencies. But if you are looking for just exchanging/trading between crypto currencies, then there are some exchanges that you can use without KYC but with some restrictions. You can try Kraken or Kucoin. Both has no KYC requirement as long as you are trading only between different crypto currencies. But like others said, KYC might be enforced at any moment and your funds might get frozen if you fail to pass KYC. Other option is to use a DEX.
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I still hold dogecoin until now which gives a signal to keep holding more or hype for me, they will create new hype in the next year, I believe dogecoin is one of the very strong projects and supported by Elon Musk.
Lol, doge coin is a "very" strong project? Do you even know what dogecoin is and what it does? Or are you just one of those investors that invest just because it is currently trending and it "might" make you rich. Dogecoin isn't a very "strong" project. In fact it is nothing. It is just a meme coin with no real/actual use case. You are just holding it because "Elon Musk" supports it, this explain everything. You know nothing about that coin. I would suggest you to learn more about doge coin and then decide if you should still be holding it or not. There are other coins out there that is much better than dogecoin and has very good potential. |
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Hey folks, Bitcoin is coming down, hitting a certain price never before seen in probably 90 days. I know that's not really bothersome. We've been in countless similar situations in the past. But we know others are probably troubled when Bitcoin is losing almost 40% from its ATH price. The fear level has risen. As a matter of fact, extreme fear is being recorded for the last couple of days. [1] Perhaps a reminder from the mayor of New York City could help ease the fear. Take note that this is the man who promised to take his first 3 paychecks in Bitcoin as mayor. When asked if he had received his paycheck in Bitcoin already, and was told that the price of Bitcoin has come down, he simply laughed it off saying, "Well, you know what, sometimes the best time to buy is when things come down so when you go back up you've made a good profit..."[2]So, there you go, as simple as that; these are buying days, folks! Let's all enjoy the bargain sale!
[1] https://alternative.me/crypto/fear-and-greed-index/[2] https://twitter.com/SquawkCNBC/status/1479069915281870853We have been down more than 50% from it's ATH before back in 2018. So it is really nothing new. Those who are selling are the ones that are taking the profits or the ones that are new to the market and panic selling whatever they are holding. They will learn something new from this. At least this is creating opportunities for new investors to join the market. Now is the best time to buy and hold. And you are right, everyone who has been playing with crypto currencies know that is is a bargain sale going on! Won't last long. |
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The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.
You are talking about crypto currency investments right? Then I don't think you can accurate calculate what your percentage profit turnover would be for the next year. That would be almost impossible since the crypto market is very volatile and the price rise/drop is never the same as the previous years or doesn't follow any specific patterns. And you are right. You should try to diversify your portfolio, but to keep the risk minimum try to invest most of your coins on currencies like bitcoin and ethereum. Currencies that are well known, at the top and are under constant development to improve their network. |
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I would still prefer buying the dip over dollar cost averaging. Using both strategy would be even better. Keep buying the dips as much as you can to maximize your profit. And then regularly buy after certain interval no matter what the price is so that in the long run you still make some good profit. You don't need to time the market properly if you are planning to hold long term. So if you can't afford to afford to invest at regular interval (doing dca), then at least try to buy whatever you can afford to lose during the dip.
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Only those who entered the projects early managed to earn a lot from those games. Now all people look for those "free" play to earn games making the "easy money making" scheme more saturated. Hence, people are earning less because the rewards are limited and being spread out among all users. You can still make money from those blockchain games, but you will have to spend a lot. The more you invest in those games, the more you will be earning. I would suggest you to find some other ways to earn. I doubt those play to earn games will pay you enough to pay your rent and bills.
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