Never try timing the market bottom

I have tried to time the bottom in the past and failed woefully, this is impossible to target even if you are a master of the crypto charts you will always miss, the best solution to this is dollar cost averaging.

Do not fall in love with your coins

I got too attached to my coins and while they are pumping I failed to take profits, I also get too attached to a crypto platform called Celsius and they went bankrupt on me.

I know many have done one or two things wrong in the crypto space, so what's yours? Mind sharing?

While they could be gambler as well, they are already businessman who owns the betting platform. They can win already without betting, I think the thought along would already satisfy them.

And they are probably this passionate about gambling that they overcome it by owning a casino itself. But sure when it comes to money, you can never be over exposed.

I have been observing friend of mine for the past year with gambling problem. I can honestly say that it's hard to get him to be honest about anything now especially when it comes to money. He has become terrible slotter in the past year where all his salary is no longer enough to pay off debts due to his gambling habit. He went into debt just to gamble and lose, it kept repeating itself every month and stupidly he just forgot to withdraw the winnings out of greed.

None of the wins have really covered his gambling debts and he is only working to pay off his gambling debts. It was obvious he had become compulsive on gambling and now anything to do with money would be really hard to believe.

Trading can be a lonely and boring business at some point because, you do not have anyone to talk to and are just alone with your computer, phone, or tablet in your room, just trading. And many newbies may at some point think that they are probably wasting too much of their time. If you are in this situation right now, I want you to know that you are not wasting your time.

If you are an experienced trader reading this, how did you know that you were not wasting your time trading at the time when you felt this way?

I mentioned somewhere that my closest friend has been unemployed for over a year due to the devastating collapse of his line of business and and his wife's sickness. Last time we met was a month ago and he was depressed in certain ways which worried me a lot. I called him to see if he was fine last Sunday and he told me he was looking for jobs and the next day he would go to several interviews. I was glad to hear that. Last night I called to follow up and he said the interviews were not going well. I aksed why. He told me that nowadays most companies are not doing well, barely making even actually. The interviewers would just say the job is not entitled to any insurance or benefits, what they can offer is a very low base salary and the commission part would be subject to how many sales the employee can bring to their company. My friend was not willing to take any of them because he has a family to feed and his wife's condition is unstable which could need a lot of money for surgery at any time. I understand him and am trying my best to help him find a high-pay job.

My friend's story sends me a signal: no matter how much I earn right now, try to keep my job and souce of income stable. I am also a family man and have responsibilities. Anything bad can also happen to me so I have to be prepared to the unforseen problems, although I am doing fine now. Make hay while the sun shines. If you have any advice for my friend, please let me know. Thank you.

You shouldn't even ask such a question if you already know that Bitcoin is banned in your country and you and your family could get in trouble if authorities come to know that you trade or use Bitcoins. Everyone know that children are pure hearted and don't understand these things, so it will be a foolish thing to educate them about it as the word will surely spread faster that way since they are innocent and won't hesitate talking about it outside.

Better migrate to a country (if feasible) where you will have better life, freedom and privacy then you could think about adapting bitcoin by your entire family.

There's a saying about being a gambler, stays to someone's blood until he or she fully changed. We find something in gambling that makes us happy and even if we're losing, it doesn't matter. As long as we're satisfied and our cravings to gamble has been given, that's the only thing that we want to see. And to answer the question about how many times did I attempted to quit, well, they were like tons of times and I can't count them. Whenever I lose, I'll tell that I quit but tomorrow I'll be back so I'm sure that something like happens to all of us.

This is what I often say about some people who do have the same desire as the OP by running their business and accepting bitcoins especially for some Nigerian friends I've seen threads on.

We still cannot fight the condition of government regulation and with this it is indeed better to avoid it than to do something that is really not really wanted which will actually backfire in the end.
Including bitcoin as a payment option is a good thing but the problem with regulation and government policy remains that it will be very difficult to do.

A rent to own or a loan that will give you a house right after you paid it, is a good decision. Renting a house forever will cost you a lot, and it is only for temporary. The disadvantage of it is that not every single time is you have money, and once you didn't pay the rent, you're living in the street and you don't want that to happen. Saving is also another option, then buy a house and lot.

As far I know, provably fair technology in crypto gambling is simply the application of cryptography/hash functions onto an specific market or purpose, so one can verify the gambling results in a trust-less way. The theory behind it is not actually new.

I am not sure what the first platform that started this trend was, though.

And it's too late until someone realizes that he or she is already addicted to gambling. Yeah, this is a good quote to remind everyone of us that we have to control ourselves or else, we're too late in realizing that we're no longer the old us.

This website is composed of many gambling quotes and it includes the person who said it, pay a visit if you want.

https://www.therandomvibez.com/gambling-quotes-and-sayings-for-all-gamblers/

I guess this is another piece of evidence that gambling does not necessarily goes down during rough economical periods of time. Or are we supposed to assume it is coincidence this record of revenue happened while the United States is dealing with high inflation?

I wonder if there is any study on this matter, the relation between inflation and casino revenue. Anyways, thanks for bringing this up.

There's no such thing about cheat sheet but for sure there's what you call betting strategy which you can look at online. You can't really beat the casino that's for sure so my advice on what is the best way to gamble is enjoy every bits of it playing the games that you like not thinking if you are going to win or not. After all, that's how you supposed to play. There's a lot of casino out there with their own cons and pros and freetbitco.in already proved itself as one of the best casino in this forum.

I have been in a job I detested and although I somehow managed to stay at it for up to 4 years, I didn't even for once let go of my passionate hobby and other passive streams of income I was interested in at the time.
Today, one of my passive interests pays more than my salary. My mind has been yearning for a resignation, but opinions of others and family bears the message of patience with the job I so much detest for reasons ranging from inflation to fear of the unknown.

If you were in my shoes, what would be the best advice you would give yourself and adhere to in this instance?

This isn't an easy fight for Brandon but so is Figueroa, Brandon is not a hard puncher and loves to fight inside and mix it up, if Magsayo is going to win against Brandon he better make sure that he can last a full 12 rounds because Brandon can keep up as we have seen on his match against Fulton.
Brandon throws a lot of punches like Vargas so he should impose himself by connecting big shots, this fight is 50/50 for me but I'm hoping that Magsayo can bring on his best form because Brandon is one tough fighter.

Fact number 7 is probably the surprising fact for me since i've been playing at Evolution gaming countless times already and I still haven't seen that tipping feature. I would've tipped a few dealers if the feature was more visible or maybe it's only limited to a few tables or casinos.

The last one was obvious but it's still an interesting one knowing it has a high house edge you would've expected fewer people to play the game but it still remains popular as more providers make different variations of slots.

I used to follow bets from high rollers that post their bets and it's only because that high roller was always hitting his bets and others started following him as well. It worked out for me at the time but I remember that high roller had a lot of losses since he also made parlays and teasers aside from the usual single bets. Even if someone's successful at this strategy it's only a matter of time until they lose since there are too many high rollers to follow and most of them don't show their usernames on the feed so you can't tally their individual record.

Welcome to the dollar cost averaging club! It might hurt at first, might even be underwhelming for a couple of years but update this thread every now and then and you might find a nice surprise as early as 2025

I'd agree with others to not trust any kind of exchange, including Binance, but since that's likely the easiest way for you to buy, go for it. Meanwhile, familiarise yourself with a Bitcoin wallet (I'd start with Electrum) so you understand a bit more about how to use and keep it safely. When you're comfortable, start taking out your BTC from Binance on a wallet where only you control your private keys.

They definitely have their issues, but if I were to need to pick an exchange that I would trust, it would most likely be the top ones. At least rather than those exchanges with non-public team members.

Of course as always, withdraw your funds if you're not trading them and yadda yadda.

Banks are better because they are likely to protect your fiat than exchanges will protect your coins. There can be robbery in your bank, you can go to another branch the next day to deposit or withdraw, you can make use of their online banking, this is the way banks operate in my country, but if an exchange is hacked, your coins are gone or inconveniences may occur.