He bought on an exchange and there's no private keys in exchanges because that's normal as they are custodial wallets as well.
But not having the idea of having a private key while creating a wallet is such a negligence on that person's end.
You invest money, the hard earned you have made and you never did any research what these are for. It is understandable but a mistake that's going to teach an expensive lesson for everyone who miss it out.

Basically, not a thing to consider as a measurement of a person's level of intelligence on how they play gambling. However, you need to have that kind of intelligence about a certain gambling game. It's an advantage to consider especially those card games as you faced other players too that you don't know if some are those are really highly skilled. Being smart will always come from understanding how the game works.

Not just that, aside from we need intelligence about a gambling game, being smart on how to manage properly the bankroll is one of the key factors in order to lasts long in gambling. We should always think of an effective way how to maintain our winning stats over losing stats as in the first place there's no 100% guaranteed wins in whatever gambling types.

The hype will always be there with meme coins and it may never ends as its consider as a seasonal token. Now that the market is rising, I’m sure the hype will be present again though of course not all meme coins have the same faith because some is a scam project and this is not new anymore with the meme coins.

We know the risk of this one, and we know how the hype works. Don’t over confident about meme coins, if you are already in profit better to sell right away and enjoy your profit. Usually, small meme tokens are not good for long term, so make sure to analyze and do your exit as early as possible.

It is rare to see rich kids getting broke these days after the death of their rich parents. The rich parents have come to understand this concept. They know that since the wealth is not gotten by the children they won't know the value of it. So what they do now is that they employ their children in the same organization and one way or the other the children are contributing to the business and getting paid. Instead of giving them money you indirectly do that by making them work for you and gradually they will understand the nature of the business.

Another way to do this is to make your child your assistant so that every happenings is in the business he would be aware of. Once he/she consistently follows you everywhere he will understand the importance of money and how to manage it.

Its nice to see it breaking out again, nearly at 43k levels right now, the fact that people got "scared" so easily when it went near 41k levels is funny, that's the definition of weak hands, we are talking about situation that doesn't really require any deals at all, we just need to end up realizing that as quickly as possible. I get that its not that easy, but we need to just accept it, otherwise we are going to keep on feeling scared and selling every time the price goes down, and we do not need that at all. I hope that we can reach a point where people do not doubt it anymore, 45k+ should be that but to be fair it should have been that the moment we got above 40k and yet people still feel scared anytime there is a tiny drop.

More than sharing sorry tales on this forum is the point to heed, which is to know that investment in BTC is not a guarantee out of poverty. You need financial discipline first of all in order to now become able to save up, earn and save up some more BTC investments that may later pay off well to Carter for the hard times.

I would advise that since you are studying, you could also learn how to be a good trader. Traders make good profit from buying and selling BTC or any shitcoins out there, am sure that overtime you could have big wallet portfolio of HODLing investment to your name

So there's nothing new to build in online casinos? No new ideas or innovation remain?
It's done.
Why ?

Investing, holding cryptocurrency particularly bitcoin did not and cannot displace the banks. Banks are integral to our existence and economies. There is no time in the world when banks will come to be abandoned because of low patronage or because there are more crypto investors and holders than bank account holders.

Some people may decide to live off grid in a country that allows them to use and spend bitcoins without ever having to change them to fiat or use the bank. Fine. But is is not the reality for everyone.

I will still use banks. And I will still hold and invest in cryptocurrency. It is the fact. Banks just like bitcoin are here to stay.

And when the big money from the ETF received circulates into the market, that's when Bitcoin will continue to experience a big spike. Because the circulation of larger amounts of money can also be the main foundation for the push to increase prices in the market, there will be many people who are surprised by the extraordinary achievements in Bitcoin. So everyone just needs to make sure there is more valid evidence for this because many of the big companies in the world have definitely looked at Bitcoin and are trying to have it as their additional investment for now.

This certainly has its pros and cons, but what is clear is that Bitcoin must be taught to our children both from an early age and when they become teenagers. Because with the increasing popularity of bitcoin, more and more parents are looking for ways to teach their children about bitcoin. Maybe if they weren't taught about Bitcoin from an early age, they would have difficulty understanding it because Bitcoin is complicated.

As an example from the OP, a child who is 9 years old is teaching his friends, of course this is good for other children to imitate and what is certain is that children at that age already understand Bitcoin correctly, of course because of the upbringing of their parents who want their children to success in the future.

This will be a different cycle, and yes we might not see the 2017 scenario again because we are aiming for the better this time. We will not see any hype because Bitcoin already hit the mainstream and doesn’t need any hype anymore because big companies are coming in and that’s what we need.

Bullish market can still happen and yes, new ATH will happen soon so let’s be more optimistic and don’t ever think that Bitcoin will not grow anymore because its not true, and you might lose opportunities if you remain negative about the market.

Unlikely. It's impossible to provide the same rate of return each cycle, that's why we see decline of about x5 each cycle. So even if it goes to say $150,000 (very optimistic scenario) that's only around x3.6 return from the current price, meaning you won't get filthy rich unless you're already very wealthy.
That's OK though, it's better to have "modest" x3 than gambling your money away sniping for X1000 coins.

OP is not someone so ignorant about how Cryptocurrency works I checked his post-history, and he registered on June 2023

And he had a post like this


It very much contradicts his post here, he is not someone who just got into Cryptocurrency yesterday and posted this because he doesn't know anything about Cryptocurrency, he seems good at making up stories, his post history will always betray him.

I was coward to kill myself. No amount of money that I lost that will make me kill myself. If there is life there is hope.

This kind of problem starts from depression and hopelessness. He might thought there is no way out anymore. But this is wrong. He might be richer than what he thought he would have become if he has not killed himself.

It is painful to hear this kind of story.

When I was addicted to gambling, I lost huge amount of money and I was depressed and thought there is no future for me. But I saw more opportunities that I was not expecting after I thought all has ended.

It's better for us to gamble to entertain ourselves, and who knows, we might get lucky, which can give us a win. By gambling to entertain ourselves and knowing that gambling can cause loss and loss of money, we will be careful in gambling but also want to enjoy gambling games. But if we chase win, we will experience losses that can be big, so we should gamble just because we want to have fun. Even though we finally lose, we have experienced today's gambling game and must immediately stop gambling before things get worse. We can gamble again another day with the remaining money we have or deposit more money to use for gambling.

This is really all about opinion and experience. I am sure that someone could come up with an example of a guy who is a heavy smoker, but lost a fortune on gambling. Yet he might be doing sports, is relatively healthy and can get along with his addiction to cigarettes. You could argue that porn addiction is not such a big issue because nobody gets directly harmed. But then what if some interesting research comes up saying that it harms long term human productivity because there are less children because more dudes prefer to jerk off in front of their screen? You could twist this so many ways. It is not an easy, yet an interesting subject what the consequences for society are of any of these addictions.

I don't think there is much we can do to help our young generations. Environmental factor is playing a vital role in your situation. We cannot just make it not exists. If old people are doing something that may cause young people to get involved in gambling then we can try to tell the old peoples. But I  doubts that will make them understand you. The generation gap is here very big and trying to help the children won't do any better. If the elders aren't listening then why would the young would.

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I read the comments and i think people missed the vital truth. The guy that won 5000$ is already addicted; He is a gambling addict before he won the sum of 5000$ from the poker machine. The winning was simply the trigger neccessary for everyone to notice glaringly that he is addicted.

its easy to stop addiction; friends and family needs to step in and help him, mentally and medically

But these decentralized gambling platform does not have a license to operate making our funds somehow more risk of losing, or the gambling platform running away with our funds or not allowing anyone to withdraw.

Enjoying privacy by playing on an unregistered platform or decentralized platform that is not "operating legally" may give us more trouble.  So better be careful when choosing to play in unregistered decentralized gambling platform.  Who knows when they will turn rogue and run with our money?

Anyway, whether the casino is known or anonymous, self exclusion can be done by anyone by simply quitting gambling and avoiding them for a certain period of time.  There is no need to lock our fund, it is more on self-discipline and control.