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2201  Economy / Economics / Re: What is the golden rule of investment? on: June 08, 2022, 07:17:26 PM
I have a friend who invests in cryptocurrency like me, he is an investor hold Luna and he has also lost quite a bit because of Luna. But what's more sad is his 2 best friends. Those two are also hold a lot of Luna's and Luna's crash causes them to lose all their possessions and become insane. As he said, one person has gone through the crisis and one has not. Those two guys who invested in Luna were all from my friend's advice. He said it was he who indirectly harmed them, money can be earned, but his friend are gone.

This is a sad story that I have heard. Through this story I want everyone to know 1 golden rule in investing is: never give financial advice to anyone. By the time you give them financial advice, you may feel like you're one step ahead of them, but if that advice is wrong, you could be the one hurting them.

This golden rule works not only in crypto investing, but also in other aspects of real and virtual life. If you give someone advice, and it works, then you will be praised. If it doesn’t work, then you will face negativity, censure and almost an accusation of all financial losses. After all, it is not for nothing that they say that it is free advice that costs the most.

In investing, the golden rule is not to trust anyone and think only with your own head.
You are the ones who should really be trusting  with your own decisions in regarding with your investment thats why its really that sensible that you should really make out some in depth research before

making further step and come to mind off that it was your own money which means you do have the full control on what you should gonna do.Invest on the amount which you can afford to lose

plus having that kind of behavior on where you dont really hear up with others suggestion and recommendation.Always rely with your own preferences and likes.
2202  Economy / Gambling / Re: How do you know how to trust online sportsbooks? on: June 07, 2022, 07:58:35 PM
Hello everyone, I've been using online sportsbooks for a while now, but I wanted to know how do you know how to trust those sites? What do you look for in them, what are some red flags for you, that kind of stuff. Hope it makes sense and please share what are your favorite online sportsbooks.
It does really need up some common sense.

-Stick with reputable or widely known or does have big community.
-Search for issues and complaints or pending accusations

Trusting is hard specially new ones but its not really bad to test out waters because everything starts on being new
thats why we shouldnt make out conclusion.
2203  Economy / Trading Discussion / Re: Which crypto will going to explore after this bearish market ends? on: June 07, 2022, 06:49:33 PM
You can close your eyes and blank your senses out and say bitcoin.  Roll Eyes Bitcoin is the number one controller of cryptocurrency. It moves the prices of other coins to the front otherwise so it is definitely going to rise first before you pick etheruem as second investing coin, this is the dynamics of cryptocurrency.
The ones on where people do really look for is to those coins who do goes opposite when bitcoin is going bearish on which they are tending to make out some profits in a market where everything is red.

Yes, there's no doubt that bitcoin would be the ones who would really be the market leader who would be tagging up all coins in the market to become green thats why its been really that good to

secure out or make out some accumulation when it comes to bitcoin and some top ranking coins in the market even though its not assured but reversal and price recovery is really there.
2204  Economy / Gambling / Re: BC.Game - Lucky Spin is fake? on: June 06, 2022, 07:14:33 PM
I only read ranting user who are blaming and accusing BC.Game because he can't get any money from it for free. It looks like you are frustrated that after trying months from free spins and playing with JB coin you still can't level up and can't get the benefits of the VIP. Just to let you know that's not how gambling site works.
you are not meant to abuse any user who is ranting because of it ration, you know very well that this spinning of games is difficult to learn and understand for it to rant their is something stronger behind it, I'm in the support of any gamblers who is agitating for it's right because what happened to the gambler can happen to you or another person unexpectedly
Spinning of games is difficult? How difficult on pressing that roll button on having that daily wheel spin for bonuses and ranting because its been long time you've been doing that but you arent still

able to hit the biggest prize or jackpot? Of course lots of people do try it out but only to those cry babies are the ones who would really make out complaints or having those doubts or trying to
fight for their right that they should have able to hit those things in a long period of time without even trying to realize on whats the reality that odds on hitting those are almost close to impossible
knowing that casinos arent charities that gives out money for nothing.So dont anticipate nor hope that much so that  you wont really be ending up like this.
2205  Economy / Economics / Re: What is the golden rule of investment? on: June 06, 2022, 06:57:42 PM
Quote
 Through this story I want everyone to know 1 golden rule in investing is: never give financial advice to anyone. By the time you give them financial advice, you may feel like you're one step ahead of them, but if that advice is wrong, you could be the one hurting them.

Giving financial advice is a good innitiative but it's also important to enlighten them about the risk of crypto investment. We should educate them about the possible outcome and advice them to invest what they could only afford to lose. We also shouldn't force them and let them decide on their own so they won't blame us if their investment fails. It's all about enlightenment so they will have the right mindset towards crypto investment.
Always tell them about the risk whenever you do suggest someone about crypto because most of the time the primary impression of people is that crypto is just an easy money quick scheme

thats why its always been suggested that you should not really make out those kind of guarantees on making profits because you would really be taking the blame once these fellas had faced up the
reality.
Golden rule about investment would be always on investing on the amount which you can afford to lose as always.
2206  Economy / Gambling / Re: Crypto Gambling Review Site on: June 05, 2022, 10:27:40 PM
I think review websites are used out of convenience by most people, while you can most likely find the most accurate and up to date information about most casinos here in the forum, the format in which the information is presented is probably not the best for the person which just wants to find a good casino where they can gamble.
Review websites are third party sites so basically you can not rely on them to make decisions for your money, where to make deposits, where to bet and so forth. You can read their reviews and consider them as valuable references only. On your side, after reading valuable reviews, you have to make your own due diligent research. Combine reviews from different review sites together with your own research will be good.

Quote
So gambling review websites do in fact fulfill a need for those gamblers, however this also exposes them to become victims of scams as it is not rare at all to find websites which exchange fake reviews in exchange for money.
There are neutral (good) review sites but their are biased (bad) review sites. The later sites will be keen on promotion and advertisement income for their teams, they don't care about what they write in their reviews, true or untrue, they don't actually care. So if you rely on such biased review sites, you have higher risks to use scam gambling sites. Because good gambling sites don't need to hire such services to write biased reviews about their products.

That is certainly true. As long as a casino site is maintaining its good reputation by providing promising services, they don't need to pay for such service because the users will speak for them just like huge and top casino sites. Review sites could possibly feed with promotions and advertisements so we couldn't really rely on the 100%. There's no guarantee that people who would write their reviews there are honest.
If we do tend to look back in the past on where there are lots of gambling review sites and most of them are just been ignored because usually people do really get used to visit on this
forum gambling board and tend to look for some ANN threads and read up according on what things that been stated and community feedbacks of it and this is where people
do make out judgement if its a good one or not.

For review sites then we wont know if its really that on point unless you do try it for yourself.We know that there are some which are paid ones
and there are some who are just shilling out their affiliate links.
2207  Economy / Trading Discussion / Re: Short term investment suggestion on: June 05, 2022, 09:44:03 PM
It should be understood that the market is quite dynamic now, and investing for a short period of time really makes sense. At least it's clear now.
Easy to say but when you are on the situation on making out some short term trades which is mostly pertaining about day/active/scalping trades then this is something which isnt for everyone.

Only people or traders who could able to handle out themselves into these particular conditions are to those people who had able to have those experiences in the market which is the primary criteria

on making yourself get involved with active trading but its not really that bad to try up even when you are just starting but you could really felt up the significance when you do lack those qualities.
2208  Economy / Gambling / Re: BK8 - Biggest and Most Trusted Brand. Asia's #1 Crypto online casino BTC & USDT on: June 05, 2022, 07:25:22 PM
With the current VIP program there is no reason for us to continue pursuing the VIP level because it will be reset at the end of the month, vice versa if the VIP program is renewed we can hunt at least a few days in a week.

Hope they hear it and make some improvements for the VIP program in the future although basically there are some other bigger casinos with similar VIP program or even with no VIP program at all. Nowadays VIP program is like the most powerful feature of casinos to make players stay and play as long as possible because the benefits of the program. So BK8 should be able to maximize their VIP program in a hope that they can attract players from this crypto gambling industry especially huge whales.

Somehow I am not very sure they will apply this advice because only a few users ask for this feature besides that the reason is because the main base of their customers is not from Crypto but from Fiat, especially in Asia they are not too familiar with the VIP level system. I prefer this suggestion more game providers Honestly, I have played all the pragmatic games so sometimes bored if the provider is limited.
Why would apply both suggestions? Having more game provider and that maximizing that VIP system.Honestly i do love to see if they would really be that vip system which doesnt really reset every month
or end of it which in case if its attainable on a not-so-hard wagering requirement then its considerable but i do prefer on having on fix.

If they are fiat based casino and just accepted crypto then adjustments would really be that important and its not a bad idea to listen up community feedbacks and suggestions.

This one isnt that bad either but there are soo much room for improvement if they do really like to be that getting attention on crypto market.
2209  Bitcoin / Bitcoin Discussion / Re: How do you feel when the market is downtrend? on: June 04, 2022, 11:47:59 PM
How do you feel when the bear market is happening and do you hate it?. Every time a bearmarket happens, I always have valuable lessons that the bull market doesn't have. So always be grateful when the market goes down, it gives us many lessons, lessons about emotions, lessons about capital management, trust and patience.

The bear market is not the end but the beginning of a new and better start, the bear market is a measure of our confidence in the market. Worthy rewards will only come to those who truly believe in the market.
Whenever the market have some nasty decline or correction then its normal to have some reaction which its unavoidable since we are just humans which we dont really like to lose money.

Feeling of getting depressed and fear is normal just like on what others been saying but as long you do have the experience and awareness or knowledge then those fear would turn out to
be an excitement because you know that you could get something from it or opportunity which can potentially make profits.

Sometimes its really hard to control but if you do know on what you are doing then these feelings wont come out that much.
2210  Economy / Gambling / Re: Rollbit.com | Crypto's Most Rewarding Casino 👑 on: June 04, 2022, 10:27:53 PM
The key is to continue growing. Lets face it the market is very competitive but what Rollbit
have done over the last year has been something different with the NFT's and Rollbots. They
realise growth is key and the with the introduction of their Sports book recently has not doubt
increased the account numbers and players.

I agree with the point above that no platform can afford to stand still for fear of losing clients
but I'm sure Rollbit have new developments planned...
Marketing is the way to do that, and they have collected a ton of money via NFT sales, so if they actually used that money to do huge gambling marketing, like promotions and campaigns and bonuses and rewards then they would be clearly number one. How many places are out there which made as much money as rollbit did recently? They have sold 10k and 10k two different collections, which means that they collected possibly over 2+ million dollars easily.

How many times have you seen a million dollar marketing from any casino? I can remember just one of them, and that place is HUGE, so if Rollbit did the same thing then they would get there for sure.
Its understandable that being aggressive on marketing is a must but there's an accompanied risk into that whether it would be effective or not or being simply ignored but Rollbit had done a good job on

integrating or tying up NFT trend into those rollbots which does have some actual utility and benefits and thats the reason on why it do really get soo much attention and no surprise that they had sold

it out all due to high demand because people or community isnt really blind on what are the perks that you could potentially get if you do able to own one.
2211  Economy / Economics / Re: A decision to make on: June 04, 2022, 09:24:01 PM
I've read advice from successful people in my country, if you already have money the first thing you should buy is a house. The reason is that if you have a comfortable place to live, you can think more calmly and a calm mind can have a good impact on the business you are doing. in other words I will choose to buy a house and after that I will collect bitcoins again.
I agree with this kind of line in regarding on having a home which you totally own on where the comfort could really be that crucial yet if you do mind off things when you are just renting
unlike on owning your own house is totally different.It might not be an issue for others but most of the case these are the emotions and mindsets we would really able to experience.

I agree with those sayings because even myself do find out to be that able to think carefully and calmly on my own house where i dont stress out myself on renting or simply
talks about expense.

So its up to you on where you should really be sticking out but do matters on where you do see that you could benefit out on long term process.
2212  Economy / Gambling / Re: Online casino. What's the reliability of the technology? on: June 04, 2022, 08:36:11 PM
If the casino want to be popular to the gambler,they will not do some shady things like blatantly cheating their customer.We know that the house always win,but we can still quit while we are ahead.Regardless of the algorithm technology casino used,as the player we should have self control and don't get greedy.
It might not be directly be spotted at first glance if its just new but sooner or later it would really be discovered if someone do make out some indepth checks and verification towards bets.

We know that there's no perfect system but you could really notice on which business is really going after in long term and to those who are really tending to scam.

You can spot it out if you are veteran enough but of course it would really be justified on some behavior made by them.

If the casino is doing good business and surviving long, it means, they are doing right. Because if they are doing any cheating to their players, at some point, someone will point that out and it will be under investigation. But if no one is complaining for years, it means, they are doing good business. But I think, if someone knows how to check the provable fairness of the game, you can always check it randomly to make sure they are still practicing what they preach.
The community isnt really that blind just as i said earlier on where there's someone would really make out some indepth review or checking whether its fair or not and if they cant find something shady

then its normal that there would be players who do play on the site which it would really be a long lasting kind of situation but it would depend on how the platform would really retain or keep maintain of

those numbers since not all are really good on handling or maintaining players which means that in terms of promotions/bonuses then they should really be that aggressive which is a must.
Fairness is basic or in default because people would find it if ever they would really be having those bad intents.
2213  Economy / Trading Discussion / Re: Mentor experience in crypto trading. on: June 04, 2022, 07:22:01 PM
Who is a mentor?

A mentor is a someone who help people to achieve their common goals. Mentor never give up on helping people until they began to see a good results coming out from them. Mentor don't scam people who are trying to rise like them than to help them to stand well.

My first question is, if the mentor is so intelligent and so professional in trading, then why don't he make money himself ?
Why is he sharing his so valuable strategies for other people ?
To be honest, in terms of trading no need of any mentor.
It's your own money, so you should be the one who will decide where to invest where to not.
In a later period of time, if there is losses, then you only go and blame your mentor.
So it's better to have no mentor than someone you gonna blame in the future.
Crypto trading always comes with risk, so if you are able to manage the risks without any problem, then I am sure no mentor is needed.
Willing to hear other people's opinion on this matter.

In cryptocurrency no one really needs a mentor to make decisions on how to spend money on trading,  nobody is too good to predict the market , so every man to take decisions on what to do. The people we refer to be mentor are not perfect or experts,  they still run some losses. But their is still nothing wrong if one decide to have mentor that is more knowledgeable in cryptocurrency that can help in good idea, I don't think one needs mentor that will decide what to do in trading.
Mentor is really just good when you are really trying out to learn but everything seems out to be hard to be absorbed or something you cant learn but in general sense then its dumb or impossible for

someone not able to do so considering that every resources needed can be found online which means that you arent really needing on paying up someone just to make you learn.Just dont

make yourself that lazy or having those kind of mindset on believing that everything could really be easy because once you do step your foot into trading then it would really be
just like dealing yourself on a wild wild west.  Cheesy
2214  Economy / Gambling / Re: Online casino. What's the reliability of the technology? on: June 03, 2022, 11:38:41 PM
If the casino want to be popular to the gambler,they will not do some shady things like blatantly cheating their customer.We know that the house always win,but we can still quit while we are ahead.Regardless of the algorithm technology casino used,as the player we should have self control and don't get greedy.
It might not be directly be spotted at first glance if its just new but sooner or later it would really be discovered if someone do make out some indepth checks and verification towards bets.

We know that there's no perfect system but you could really notice on which business is really going after in long term and to those who are really tending to scam.

You can spot it out if you are veteran enough but of course it would really be justified on some behavior made by them.
2215  Bitcoin / Bitcoin Discussion / Re: Goldman Sachs Group lends money to Coinbase backed by bitcoins on: June 03, 2022, 10:41:34 PM
Just another loan or investment probably and to start a relationship for better future on terms of business.

Agreement wasn't shared and of course, it's a business matter and GS won't give them loan if they know that Coinbase isn't as popular as they are now.

So, that's $183 M of loan last year, Coinbase don't want to cash out those bitcoins they hold so they loan and for sure, they all have means of paying it based on their terms.
Business as usual even this one do talks or connects out with Bitcoin but GS wont really be that dumb enough on letting Coinbase on getting some loan without having that assurance or security.

Since we know on how this crypto market had become this big or way too far then it do really pass up on the standards which they had considered out on granting some loan.

Coinbase does know that they could minimize possible loan payment if ever they would really be making more profits on the bitcoins that they've been holding.
2216  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: June 03, 2022, 09:26:07 PM
KYC has been a thing I disliked and forced into as well, and I dislike it and wish it never happened as well.
I don't think anyone here enjoys KYC, especially not in our "crypot space" where anonymity and independence are very important - otherwise we wouldn't be here.

Roobet has certainly not introduced KYC because they would like to have it so much, but most likely have to perform KYC in order to be allowed to operate their website at all.
I also fear that KYC will become more and more the standard. First crypto exchanges already refuse the deposit of coins from unregulated gambling platforms (or if the user can't prove where they come from).

I have noticed recently that KYC has been commonly implemented on various casino and sportsbetting sites. Personally, I don't really prefer so I avoid sites that require it.
But as far as I know Roobet only ask for level 1 KYC, right?
Based up on experience in towards KYC aside from those fiat casinos(accepted crypto recently) then they are the ones who do ask out for some verification.
For Roobet it is really just the same but with that level 1 kyc where it do only requires number and address as far as i remember where anyone could choose to fake it out(not recommended)
for them to play on the platform but as i said that it wont really be worth the risk but if you actively switch places in terms of sites you are playing then these
things wont really be a bothersome for someone.
2217  Economy / Speculation / Re: Bearish market continues? on: June 03, 2022, 08:35:14 PM
Bitcoin is artificially raised and deflated in a narrow range. I think there could be a rebound very soon, because a lot of indicators say so. There were similar situations in 2018 and 2020, now it has been 2 years since the last dump too. The bad news because of the LUNA scam has affected the market negatively. Now it is left to consolidate and the road to the top is open.
Rebound is really something that hard to guess or speculate on specially now the price is really making out some movement which is really on unsure basis specially it do plays around 29-31k

which is really hard to guess on what would be the next move but with some technicals then you could see  that there is some really uncertainty on the current market condition
but its not something that precise we could rely on but at least we do have some idea on whats going on.

Totally in random? Yes, its always been like this, bear market or some reversal would always be the main question.
2218  Economy / Gambling / Re: Gambling Brand Name Vs Site Functionality? Or Both? on: June 03, 2022, 07:09:13 PM
There are thousands of betting sites for gambling. People from different sites are flocking to the gambling halls.But the sites that we use especially for betting are the sites bet360, again what I know before is unfamiliar to everyone, so many people think it is too good to gamble That is betfury, bitgame etc.

There are indeed sites which might not be popular into this forum but its popular on to those traditional market specially in fiat that recently integrated fiat which it isnt really that surprising that people

would really stick out on gambling sites which are known into this market specially to those who had been market or does have some aggressive promotions and exposure into this market.

Brand name is important but of course functionality would really be the main in concern if you are running a business for long term.
2219  Economy / Trading Discussion / Re: You don't need to hodl a particular coin all your life on: June 02, 2022, 11:40:02 PM
Actually, I invested a certain amount in bitcoin a few years ago. Now I'm just waiting, and I think this option is quite appropriate.
Its appropriate and its up to your own call whether you do secure out your profits and then buyback when the price had made out corrections.If you are a long time holder then
it would really be not a bad idea on selling out some of those coins or totally sell it all for getting the profits that you had been long time holding.FOr the current price its not
bad but of course it depends on how much you had able to buy those coins wayback.,

If you do go short term then getting gains as minimal as possible is something that do ample for you then go ahead but its not for everybody.
You dont need to hold in particular coin in all of your life if you can actually utilize movements in active manner.
2220  Economy / Gambling / Re: Vulnerabilities in gambling websites in past on: June 02, 2022, 10:38:29 PM
Weaknesses will, of course, always remain in gambling sites. You are always left with the problem that you can try to cheat to place a camera. Whether fixed competitions can do, you can't do much about that in advance. There will always be dishonest players who don't want to gamble but want to cash in for free. All you can do is block accounts. There can also be a problem during maintenance, but if you are with a large Igaming provider, you should not be bothered by this. Teams work day and night to keep an eye on everything.
For a gambling business then its understandable that you would really be working hard or really putting up some emphasis when it come to security since we know that this is a huge capital kind of venture

which means that it would really be just understandable or just right that you would really be taking care off on this particular division if you dont like to mess up via committing those huge losses due to
errors and issues in terms of those exploits which it can be potentially be abused if they had able to find out.

There's no such thing about perfect system or 100% secure but doesnt mean that you wont really be trying your best on enhancing it no matter what.
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