If the person doesn't bother losing money and have gambling as his hobby he can use more than 1% of his income to gamble. Instead of going to the movies, concerts, travelling, going out, playing videogames, some people simply gamble. For a matter of comparison, we could calculate how much of their income other people spend doing these activities I mentioned earlier, so we could reach a more accurate result of how much gamblers should spend with their hobby. After all it depends on each ones' goals and purposes in life. I imagine the article is just concerned about helping people to not lose too much money, while still being possible to bet.
1-10% should be safe based up on real experience but 1% is indeed small in overall and if you are someone who do really play for fun and not for making profits or money or not simply chasing it out then any amount would suffice.It doesnt matter on how much percentage you would be using from your income and as been said that we do have different financial capacity which means that spending will really vary on some factors. If OP find this to be a joke then its up to him but its quite relevant for some people who are really that meticulous on spending up some funds on gambling. |
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Namaste Group
I have been trading since 2017 and ride a lot in crypto and forex rollercoaster. I earned my fortune in 2020 bull run and lost everything.
I am here to share this bcaz, i get out of that depression frustration and misery.
I have again starting trading and came here to share my past and get some valuable knowledge from fellow traders.
thank you/ dhanyawaad for reading my post.
How you do able to lost that 10 BTC? since you havent mentioned it and just speak out about earnings from crypto and forex trading. Yes, it could really be profitable but you should really be wise if you do tend to touch up other aspects of investment.If you've been dragged on with that NFT hype or other related things which are currently on trend then it would be always suggested that research is always the key but well risk is always there and since everything is unpredictable then there's always an odds for us to lose money. |
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How should i diversify my crypto portfolio?
I feel like im gambling by going all in one crypto like ETH and the drops are hitting me very hard with its high volatility compared to BTC
What is your purpose for investing? Short-term or long-term? This is currently still in the bearish era so the price of all coins including the top coins is still decreased. That is why one of the strategies to be implemented during this bearish era is by letting our portfolio and adding some top coins if possible. Diversifying in crypto investment is important. We can diversify into some options. But the most crypto to invest in and have is Bitcoin at first. Then, followed by ETH and other top coins. I am sure that althought hey are still dropped right now, they will be able to srvive and the rise up again in the enxt bullish era. Accumulation is the key since everything is really cheap compared on previous months which it is really just dumb that you wont really be having considerations on adding up some coins on your port. Well, this do vary on someones financial capacity since not all does have the money on doing so.Therefore, you should really act accordingly on whatever risk management you do really have. Diversification is best but not all does have the capability on doing so thats why it do really limits out possible profits on someone that might able to take. |
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You have a concept that draws a lot of attention, you just have to focus on everything that is genius, taking into account LN as one of the things that people want to achieve, also privacy and anonymity is one of the things that people like the players, if they want to take into account that some of us want to see a coin like Monero, it is also an option that they can handle, they would be pioneers in doing it, or for me this would be something new, and not only for me, it would attract the attention of all kinds of Players, whether they are whales or not, would like to be part of this casino, if they improve their whitepaper I think they will have very good results.
Thanks for your feedback. We are keeping an eye on monero, but for now we are focused on the lightning network. Instant deposits/payouts are important standards for us. Anonymity is of course another important core principal (we will never ask for KYC). Soon we will have live our signupless feature that will allows players to play without registering an account. This will give players the ability to instantly deposit, play and withdraw without having to share any details, even emails or usernames. However we will keep monero in mind, possibly as an alternative payment option in the future. I dont have any problems on the current set-up of the site when it comes to LN integration but there's only one thing that you should mind off or at least make out some changes and thats about the design. Yes, this isnt a major deciding factor for people to get interested but we cant really deny that it is one of the things where people do look at and somewhat add on the boost when it comes to interest and recognition and the rest doesnt really have any problems despite of this one and would be good if you would consider on making up some changes. |
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I feel the same way and have expressed it in other threads about the price. The current price is cheap and we are going to see it in a few years, where many people will regret not having bought at 20,000 USD. If the price goes below that level it is going to be a bargain, and that is why I think it will not last long at those levels. As much as there are people who, when the price pierces lows, panic that it will go lower, there are a lot of people with money who know that price is a bargain and it is worth buying before it recovers.
Unfortunately people do not understand the value of bitcoin at around 20k and lower. They consider it as a bad thing that bitcoin went low but they do not realize that we are talking about something that is amazing for all of us right now. I mean when will be another time that we will reach 20k or lower? With some time we will never come back to these prices ever again and people are not realizing the potential profit that they are missing right now. I would highly suggest that the best thing to do right now would be making sure that we end up with a good profit if we can buy now, and anyone who doesn't see it will %100 surely regret it in the long term. Not only going on below 20k level but in overall decline and whenever the price to plummets which they do really see always this is a bad thing without even realizing that these times are best time for you to make at least some positioning for you to buy cheap and whenever there's some increase even on small percentage or scale then it would really be still benefiting you but since not all are really that good on making short trades and this is why they do really choose up on holding and they are minding on increasing price every now and then which they do forget that a market does have pumping and dumping state. |
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We gamble and we trade...both are similar and involves risk taking. I will not be wrong if I say it is the same. I will give you an example. There are gambling sites that gamble on the price of crypto, what do we call them, casino or exchanges. That is a perfect example where gambling meets trading
On the thing you had been said is about into those binary type options kind of thing where you could eventually see on other gambling sites that we do have today where you could bet on bitcoins price movement and other altcoins as well but since you cant really move or put up some indicators then it would really be hard to put up some analysis directly plus having that small scale timeframe then it is really hard to make out some analysis in short time which means that it is really risky compared when you do really make trades on certain exchange platforms. Gambling is totally different in level of risk compared to trading and you could definitely in between things. |
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But if the crash you mean is losing funds because there are hackers who can enter the casino system and take members' money, including funds in the casino, that's just a website vulnerability. that's why every gambler need to investigate well and have recommendations on any gambling site they wanted to because some already have a good reputation history and maintain that fact not being compromised, while some casinos are already failing right before they start, but it all depends on the operators of the casinos. As long as the casino can maintain security on their website, these vulnerabilities can be handled properly and with the support of their security team who always protects the site from attacks, the casino will still be able to maintain its reputation among other casinos. Even if the casino has a history of good reputation, it does not guarantee that their casino site will always be safe because vulnerabilities on the website can occur at any time and through any means. This is why its just standard that they would really be having some budget allocation for security enhancing because this is a business that do really involve huge money just like on what some members said above that it is really just part of the business of this type will really be minding or wont really lose up focus on security because these places or platforms are the honeypot of hackers since they do know that it does have lots of money once they do succeed plus into those abusers or exploiters who are really that active on finding up holes.If you dont like for the business to be affected or losing big sums of money then its just normal that you wouldnt really ignore in terms of security. |
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~snip~
I think both options should be taken together. I think it's also possible to take bitcoin legal and also control on them. I can't fully get it what is the meaning of your controls word. But if you mean illegal transactions i.e. money laundering or any crime committed through it, then I would say they can be controlled. And always remember that bitcoin or cryptocurrency will have always volatile and that's why not only about the country every traders should take proper step when they are involving with it . And also should know that the 1st rules of trading is " Invest as much as you can afford to loose". There's no way on controlling it technically but somehow they could really make out some prohibitions into those platforms or businesses that do touch up crypto to have at least some restriction or specific conditions which might able to decrease out the probability in speaking with crimes.Government doesnt really like decentralized things honestly speaking although there are some who do see the brighter side which do really end up for them on adopting it instead of banning or making out prohibitions.Also in terms of volatility then this is the main issue into those people who do really get used on using fiat and doesnt mind off about investment. |
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There is a game that I would like to know if it can only be put in a casino, it is to put a game like the ones in a Chinese casino, which have very strange games, and they look fun, also a game that can be put is that of an airplane simulator, that This game would be for those who have a lot of knowledge, but the simulators should be for risky situations, such as possible falls, would that be possible?
How do you suppose they do it? You can technically implement any game into a casino but that game needs to be fairly simple and has an easy to understand win-lose rule. Simulators don't have anything like that. How are you going to determine conditions for payout? If a person manages to start and land a plane safe it's a win? It's too complicated for sure and I dare to say it's never going to be done. There are many far simpler games to choose from. If people find out that a certain game to be complicated or something hard to understand the mechanics and cant really be sure or have doubts when it comes to fairness of the game then it would be normal that they would really just simply ignore and stick into those old games that they are getting used to.Latest games is we do love to see into this industry and if there's something new then it would be normal that we would really be testing it out.Every business does really mind on planning to give something new or not ever been tried out by the players but so far we arent seeing those type of games. |
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Education is not the only key to success anymore, then we all be believe that, if we don't go to school, we can't make it, the country is something else, we should find all means to be a successful person in life, education is good, but we have to find all means to make it, country which a graduate is riding bike, someone that spend thousands of naira to go to the school, is now riding bike, imagine,
So is always good to invest in once self, than working under someone, which you won't have time for yourself,
Just an advise
But do you think if you don't have proper education you will be successful? There's a lot of things you can learn on school and one of it is discipline and also on how to properly read also to write if you don't do this basic things for sure many people will exploit you because they think you are uneducated person. So education is important but still it all vary to the person who do their job to enhance their life since at the end of the day if the educated person is lazy he cannot reach his want to be a successful person. I would agree that education should still be given the topmost priority because you can’t be given big opportunities in life if you are also not a bachelor degree holder or if you have not gone into formal education. It’s certainly the key to success. However, success do not only come to educated people, as even those uneducated ones can still be successful in their own ways. If they have the skills in doing a certain job or they have their own expertise, they can still be great and would earn a lot of profits. I do even see that people who didnt finished college is way more successful and does have better finances compared to those who do have a degree.Yes, in some aspect or some sort there are people who do able to pull themselves into that situation or status in life but thats because of hard work and making some smart move and decisions in life on which those degree holders couldnt able to do so.Risk taking would really be common since people who do get some success on investment and other similar things do really throw out that kind of risk just for them to have those chances of success. Its true that education shouldnt be neglected just because you've seen other people do able to reach out their dreams without having those education but we dont know on how things would end up. |
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Considering rate at which hundreds of cryptocurrencies are flooding the blockhain space it seems digital currency is taking over the fiat. But the question now is how does one get to know the right crypto project to invest in?
As new coins are constantly being added to the market, it will take time to find a good project. Moreover, investors in new projects are also risky. In that sense investing in some old coins is more reliable. So I think it's worth investing in some of the top 100 ranked coins by market cap. Especially new investors can follow this strategy. Anyone who is new into cryptocurrency investment is not supposed to adventure into newly launched projects. because i believe from my perspective that new coins have any possibility to die off withy being told. Who is investing i new project have two things in mind, either it lost the project or it benefit from it the depending the sponsors of the project. There are around 12000 cryptocurrencies in the market where you can invest in any currency of your choice. Now this is the right time to find a good crypto projects because scam or inactive projects may dead in this bear market. Cryptocurrencies which are survive in this time will roar in the future. But selection for investments is often difficult for those who are new to crypto. You can be correct that now is the right time to find good projects because according to you, only good projects survives the bear market. This can be true to some extents and not all correct. Why I said so is that what about those projects that was started already in the bear market and before you will understand, another bull has come. My opinion is to read whitepaper, know road map and check the community promoters behind the project. Anytime is always been a good time on finding good projects considering that there are new projects that emerged and launched which means that you could always have the chance on getting early or even with those low caps which you could really choose up according to your analysis and preference. Knowing the right project is something that cant really be that possible because everything is unpredictable and there's no way and make out guarantees that the project you had chosen would take off on the future. Invest on something which you do know its worth but dont make yourself that hopeful so that you wont be frustrated. |
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Desperate but they don't have much choice but to close everything in their country to reduce and minimize the spread of Covid-19 even if that means that their economy and people living within doesn't have a job nor business to keep up with their needs because Macau is really dependent to their hotels and casinos as their country is really small compared to Hong Kong or Singapore.
Well, I think they have choices. To close the industry and forbid it from operating can't be the only alternative. Regulators can ask people to keep distance from each other, to avoid crowds and limit the number of people per building/room, fever tests can be done on the entrance of every commercial buildings, covid tests can be provided in abundance. Anyway, covid pandemic isn't the same anymore. I'm not a specialist, but for some reason that may vary from natural ones to vaccination process, people developed their immunological systems against the virus that has lost its potency considerably. Therefore I see no reason to impose another severe lockdown on citizens. Things are going back to normal now and this issue is only relevant wayback when pandemic is really on top numbers but now it seems that we are almost completely back to normal.It would be understandable that Macau would really be continuing despite of the condition since they do know on where they do get most of their revenue or taxes which is through gambling but of course they would need to follow health protocols for them to continue or wouldnt really be getting some issues or being sued out on worsening up the situation.They arent dumb not to know the current condition around but if it turns out that they could handle the situation then they would still do things on controlled manner. Here in our country which face to face classes is already happening which does signify that we are getting back to normal but its true that things should really be still in good control where people should be still following protocols at least on not to expose themselves so that there wont really be any chances or probabilities on getting stick or getting the virus if it does still exist.For Macau or any places which do highly depends their taxes with gambling then it would be understandable that they will really be opening their business and would continue out but still following those rules and conditions. We cant just afford on having another spike into those charts seeing lots of getting infected. |
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Most especially new projects do you think its healthy to rush things up or take a lot of time and gradually release updates and follow roadmaps slowly? There are some complains that most projects aren't following the exact timing on their roadmap and some even takes this is Red Flag.
Whenever a project hadnt showed up any progress or development or simply following their roadmap then this is something indeed a red flag but for those projects who do still show up some progress despite of being late then it would really be still that considerable which at least the team do really make out some movement or progress or trying out to achieve on what they had stated on their roadmap. Whenever you do see zero progress then it is safe to presume that this project is shitty and never worth on making investment out of it. So choose which you do see that it does have potential but well this sounds simple but cant really be that easy. Better late than never eh? Its always good to see whenever a project do really make out some developments or progress on tending to follow on whats been stated on the roadmap although the success or probability chance is less and something that cant really be known or everything would really be just random because it would entirely be depending on the project owner or the developer whether they would be using up those accumulated funding to develop the project or they wouldnt really mind and just focusing on the money that they do made out directly.? Healthy means that they are still minding on developing the project despite of the market condition that we are facing. |
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For sure all of us here had some bad experiences and some losses in crypto including myself, you are not alone had some rough times during these years pasts. I had some regret over selling my bitcoin too early during my first year in crypto because I got too excited over it . Not just bitcoin but I have some lots of alts from bounty and airdrops rewards which I sold too early as well, TWT, SOL, HEX, Synthetics and much more that it hurts myself remembering it. Though I had some rough times, still I continue to believe that my time will come for sure that crypto will change my whole life in a big way.
don't regret what you have done in the past, it will be a lesson for you that holding onto some potential assets is very necessary. If you sell it early then you should be satisfied with what you got. I also have a lot of altcoins from bounty results and several airdrops that I participate in. even i was manager in some bounties and it gave me lots of high potential tokens. we must continue to develop with more advanced thinking. a few years with crypto made me learn how to manage assets well for the future, so no regrets. crypto changes the life of anyone who is serious about crypto. what I got today started from my interest in cryptocurrencies. Come to think that you arent the only ones who do commit out such mistake or into that situation where you do really need to sell out those coins for the sake of the safety of your wife or loved ones. Nothing beats out someones life over money even though this would be talking about potential million of dollars but shit do really happens which is something unavoidable.Its better to make yourself get moved on with the past and would be focusing on the current dealing or situation of the market which you could still have the chance on making yourself to be profitable or making money. |
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This is another job for HR and probably will not take this seriously and since I’m close to our HR the company I’m working with is not looking for this kind of addiction, they are purely looking for the skills, experiences and educational background in hiring people, gambling history is not their priority because I believe it’s a personal matter though it can only be investigated once the employee is exposed to money transactions in the company, I believe they should be more strict to this one to avoid any problem like this.
Other personal things and interest or hobbies arent something that important for any job interview yet they would really be mostly be asking about applicants skills and qualification.It is really not that relevant for them to ask out such manner since gambling isnt something that should really be prohibited or for someone to avoid to play on because this is really just for entertainment purposes and not some sort of prohibited thing. Anyone could play freely and it is really just a personal decision or choice whether they would be making themselves addicted to it or not. |
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Personally, I won't sacrifice my own principles in exchange for any position or wealth because for me, real success is living a contented and happy life without the need of pleasing others. What's the sense of having a good career and wealthy life if you are not happy because you're having it against your will? As for me, you don't have to please reach their standards of success as long as you have your principles with you and you're not harming anyone.
For some people then they would really be ignoring that principle of theirs and would stick out on something that could give out more wealth,fame or simply have almost everything since they do know that being poor is something that couldnt really be easy to deal with thats why they would really be swallowing their pride and would neglect out that principle of theirs and would tend to go along with those things that they could really make out some more money or making yourself having a good career even if it would be against on your principles. |
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Quick question, on your first visit to a casino to play slots, you were offered a bonus reward as incentive for visiting, if you are given the option to either receive your rewards in form of free spins for you to try out your luck and maybe win more, or direct cash reward, which will you choose?
I think it's better to choose the free spins because I think it's more fun. with the Bonus you get maybe you will get greater luck by winning the game and also if you lose you don't regret it because this defeat is just a bonus for you. but depending on the respective principles there are those who are more interested in accepting cash deposits. But in general the bonuses given are always in the form of free spins and even then the nominal is very small, so getting a win from the free spins bonus is very difficult to happen. When you are aiming for fun then those bonus free spins or credits would be ideal or much prefer and just like on what most people been saying on here that it would be good if they do able to enjoy and have those higher chance on making money out of those free spins compared about on having a cash bonus and if its big then it would be considerable if someone would get this option either. Its someones preference on what they would really be accepting as long they do decide nor prefer on this one but its not something to brag on since it would really be just small amounts. |
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you forgot to include coinsbit, yobit and p2pb2b even these three sites are also full of bots and create fake trading volumes so I'm not interested in going there, I feel the 3 trading sites above have the same 1 boss, but it's true you said we were played by trading volume fake so we are stuck on one trade that cost us, i am not an active trader as i prefer to invest long term now
Yeah I remember yobit. It was going really hot in the initial years and it was not so later when many of us figured out something is fishy in that zone. Soon after that exchanger got into trouble due to such acts. Slippage is not best way to manage any exchanger it’s just one of the reason to hide the bull shit behind the curtains. I am also concerned about the way you are publishing all these things. This ain’t that much professional. You should “hire” someone to reciprocate your agenda and then enter into the market. This looks more fishy when you post randomly from such new account. When you do tend to look up on the given link above by OP which is https://ariinv.com/ Then this one basically shows up Aristo Token which this is just some side topic or talks for at least on making some exposure of their sale. As for Yobit platform and other similar which have done those shady acts and there's no doubt on how these places had been frowned upon by the users of this forum or to those old people who do have the experience and awareness about on how these platforms been doing. |
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It's hard to have a pick on who's going to be the champ on this tournament but I think, those teams that are already qualified on TI would like to use some experiments on this tournament for them to have like a practice game preparing for the bigger event.
Yeah, they are not going thru the qualifiers anymore, so this is their chance to try some new combination to discover a new meta. I do not see any surprises here so I guess the top teams will win this tournament. I've seen this with other teams before. So, it's an advantage for them being qualified to TI and also being part of this ESL. They can reinvent many strategies that they want and try as many heroes as they can. But when it comes to the heroes like they're hiding for TI, I don't think that they'll show it in here. We've seen it before with good teams like OG, Team Secret. Anyway, we'll see if they're going to act like that. Comparing up drafts made on majors or other tournaments then we could really presume out that they are hiding some strategic plans which is only good to show on the international. For those teams who do have that versatile drafts and hero pools then i dont see that they are really hiding something but rather making out direct adjustments basing on other teams draft and thats what make them good and more better compared to other teams. |
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For being decentralization of crypto currency, any one can use it from any corner of the world. Day by day crypto currency is spreading all over the world and people are getting advantages from it. When people get advantages, they care it for its growth. In upcoming years, uses of crypto currency will be growing rapidly.
We are heading there since adoption and recognition do really increase day by day but people should be at least realistic whenever we do talk about on the matter of becoming a global currency which do people even claim that it could replace fiat? With these words alone then you could really tell that it wont really be that possible considering a decentralized thing could really take over on what we've been using through ages. Its not bad on being optimistic but we should really be that realistic as well and minding off on things which is likely to happen and which is not. |
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