I remember the stories from my grandfather who used to tell me that he got paid weekly. Every Friday he received his paycheck in cash and when he was younger before meeting my grandmother, it was really hard to not spend all his money in a few days. It was a different time back then and only after my grandmother took over managing all the family finances, they started saving money. Today it's very different in my country, all the people I know are getting paid monthly and getting paid in cash is very uncommon. That's why I have never thought about getting money each week. If I had to choose I would probably stick to my monthly paycheck. Its better to plan each month ahead and use a fixed percentage to save. All the bills I habe to pay are either monthly or quarterly. That's why it's best to pay the bills when the money gets in. This way I make sure that there I don't spend too much money on unnecessary things.

I kind of stopped using twitter last year. After Elon Musk bought the company it got a bit crazy with all the verified users that started trolling. From time to time I check a few feeds, but don't really use it anymore for any news and upcoming events. Bitcointalk is the main source for me about anything new going on in the crypto gambling community. The main criteria for me when it comes to where I play poker is the rake back percentages and the regular promotions. When I can get a few tournament dollars or free sit n go tickets each week that I am happy to play there regularly. I used to test any new poker website and when I managed to make a decent return on my first deposit than I would stick around. After playing for many years now it's all about keeping my bankroll and only make withdrawals from my winnings. The main problem I see is that on some websites there are not enough active gamblers, it's hard to get a full table going, especially after the rush hours. It would be nice to see some promotions to keep players more active and play more.

That's a good point for using cell phones instead of a desktop PC for gambling. If our children our spouse can aceess our gambling sites easily it's a big security risk. It's not only about the potential money we could lose if someone else places bets for us, it's also that our minor children could get access to casinos. I think it's normal for any young kid to sneak around and try to find hidden treasures from our parents. That's why it's important to have different profiles for any user and to make sure we have a good password in place. Also if we spend too much time on our phone gambling without telling our wife what we are doing she could become jealous and demand to know what we are doing. The more secretive we are the more our it makes us look guilty of something. In my opinion it's best to play with open cards and tell at least our wife what we are doing. No need to talk about every win or loss, but at least be open in general. For me gambling on my desktop PC is still the most relaxing way.

That's a pretty good point that developers of Ai strategies might forget. Any Ai will make calculations much faster than any human and will also collect data and information at a much faster rate. The only thing a computer is missing is common sense. I remember stories from the first few ai chatbots that got fed a lot of fake and troll messages and used it at face value. I would be very careful betting large sums of money on strategies without Human oversight. Let's say there are some fake news about a potential transfer of a top player, that could change the odds of winning for a team drastically. And if the Ai would react quickly on the news, betting large sums on the next big match, only to find out that the news are wrong. My fear would be that because of misunderstanding the Ai makes one wrong bet and losses all my money.

Investing 60% of your savings in bitcoins all at once seems a bit much for my risk appetite. First of all, where is your money invested in right now or are you just parking the money in a savings account at the bank. In case you already hold risky assets like stocks and would switch out of them I would split up your money. There is no guarantee at the moment that bitcoin isn't going to drop below 20k USD again. How about you start with 20% of your money and see how it goes? Better to split out your purchases over a few months.

Institutional investor always means a lot of money in the market that is usually invested with the purpose to achieve short term profits. If these short term profits are not coming than the big investors can withdraw their money very quickly again. That is why we should be careful when trusting institutional investor to save us. In case all of the institutional investors would leave the crypto markets at the same time then prices would be crashing. For a few weeks it would be look like armageddon before prices would find a new normal level. We have enough normal investors in the crypto community that are holding their coins for the long run, so this wouldn't mean the end of crypto currencies. The real question is of course how likely would such an event be. I don't think it's very likely that all the institutional investors would leave the cpryto markets at the same time.

I rarely place bets on people's recommendations without really knowing them. When it comes to sports betting I like to make up my own mind instead of just following someone else. Only when it comes to some smaller leagues where I have no clue at all I am listening to friends of mine, where I know that they have been successful in the past with betting on these matches. Tailing High Rollers is like following Drake on Twitter when he posts his half a million betting slips on the super bowl or other invents. To me and the average gambler these betting amounts seem insane, but we don't know much about the High Roller. If this is only a small part of his monthly income then he might not worry so much about the bet and could have placed it with only a gut feeling. That is why I would be very careful to tail other people bets without knowing more about them. If you think that the user you follow knows more then you, I would still recommend to only start with small bets and try and see how profitable his bets really are. You can always increase your bet size in the future, but it's very hard to make back the money we lost.

That is a though question, because a young hot trader could only have been lucky in the past and will not make big returns in the future again. Similar with the old trader who might not have had a successful trade in years. In general I would always be cautious when it comes to trusting strategies from other people. It's better to check and analyse strategies ourselves than blindly trust someone else. If I had to choose between the two I would go with the older experienced trader. Being around in the business for many years means that he has seen plenty of bull and bear markets. Maybe he developed a sixth sense to identify the big cycles and can better protect my coins. Even better would be to use both their advice and bet big when they give the same recommendation.

I agree with it, a casino would rather have a regular customer that plays responsible and can control himself than someone who loses everything in a single night. First of all casinos are normal businesses who have been around a long time and want to be so in the future. If there were only angry customers who lost all their money than casinos would be empty quickly. Imagine hearing a story from a friend who lost big at a casino and is struggling now. Would you ever go and play there? I don't think so, it's the worst form of advertising. Also the number of stories in the newspapers would be rising about people who lost it all. Eventually the politicians would need to react and close down the casinos. I am sure the casino prefers to make steady long term profits instead of one large profit and no business afterwards.

I don't think that the sentiment has changed much. The rise in credit card and other form of debt is due to the rising inflation. Inflation has grown by more than 10% since 2021. Food prices and energy cost has risen a lot lately and is felt by every family. When I compare the prices in my supermarket to last year I see some products jumped more than 30% in price. It's really hard to cut back on food and heating during winter. That is why so many people are using credit cards to try and cover their personal expenses. The main problem now is that credit card companies are increasing interest rates in line with the FED rate hikes. Repaying all that debt is going to be a big problem in the future.

Having a wide range of games seems like the most important aspect for any casino. To remain profitable long term a casino needs to keep their existent playerbase happy and not only focus on getting new customers with new promotions and advertising. Introducing new games on a regular basis is one way to remain interesting and keep the customers excitet. Another way would be if a casino is doing something good with their earnings than we should support them. It's the same when choosing where to buy our clothes or our food, in case a company is  supporting charities I would always choose them over a company that is only trying to get the most money for themselves. In my opinion any business that makes a lot of money should support people in need. I remember back in high school we had a tombola every year right before the summer break, where every student would gift one of his toys. The parents would then buy the tickets for the tombola and all the money was given to a different charity each year. This wasn't really a casino in the traditional sense but a good way too collect money for a good cause. It would be nice if lotteries would do something similar today. They could make a special promotion where all proceeds would go to a charity, this would create more demand as people are willing to pay more when it goes to a good cause. The main question is how legit the charity that receives the money is. There are big differences between charities as some are only paying out a very small amount of the money the get and use most of the money to pay high salaries to their employees.  

I think the same when it comes to the VIP ranks on casino. On paper they look really nice with all the advantages you get, the problem is that you first need to reach these levels. This is going to require a lot of capital, time and dedication to reach. In the past I tried to play with the sole focus on reach higher ranks to get a better cashback, but that wasn't really profitable for me. In the end I spend more money that I wanted and lost most of it in the process to reach a highe rank. It's more important now for me to stick to my usualy gambling routine and stay within my comfort zone. For the whales among us it's a nice to have feature like this at the casinos, but I think they will reach the VIP status just by actively gambling and don't need to focus it. For me personally the best kind of bonusses would be monthly bonuses that are not linked to the amount I gamble. It would be nice to also reward gamblers who play regularly but with only smaller amounts. Having different reward systems in place for all types of gamblers will make the casino much more attractive and helps to build long term customers. And maybe one day the regular small gambler will become a whale and keep sticking around his favourite casino.

I am not sure about the gambling industry in my country, because we had so many lock downs during covid where all the physical casinos had to be closed. As far as I know all of the casinos got cheap loans from the state to not go out of business. The three big casinos near my hometown are all open again and quite busy from what I heard from friends. The thing is that I just don't know if it's all profits for them now or if they still have to repay the covid loans. Rent is probably one of the highest cost factors as they are all placed at prime locations. So it could be that it will take another 2-3 years to fully recover from the covid restrictions. As for online gambling, I know it's very popular since the lock downs as well. Competition is high, but so are the profits. I think 2022 was a great year for all the online casino and so will be 2023.

I disagree with you, some minor nations have already accepted Bitcoins as their legal tender and it's only a matter of time for other countries to follow. The current system we have in place is flawed and needs to change over time. In most western countries politicians have full control over money supply and can print money when they need it. The intention was that countries can withstand a crisis better by printing more money, but the problem is politicians use it too often when they are not keeping their budget in check. In my opinion it's only a matter of time for people to demand change and a better control over the value of their money. Bitcoin would be the perfect tool for a country to keep the value of their currency and not allow politicians too freely print new money. And it's up to all of us the consumers to make Bitcoin a real currency by spending it regularly.

Not sure what you mean by short vs long period earning? Is it mean that for both assets or would you say that stocks or bitcoins are more for short/long term investing? In my opinion both stocks and bitcoins are excellent assets to be investing in long term. Sure there are chances to make a huge profit short term but the risks are quite high and there is no real guarantee that we will be profitable in the end. Any person who has invested 10 years ago in bitcoin or in stocks, made a lot of money by now. That is why I would recommend anybody to go for long term earning and don't trade so much short term. If you have enough capital at hand, why not invest in both? A well diversified portfolio should hold not only crypto currencies, but also other asset classes like stocks, bonds and some commodities. The broader we spread our investments the lower our overall risk profile.

Yes definitely, saving money in today's world requires some form of personal constraint to not give into all the consumption we are being offered every day. When I open the internet in the morning I am already receiving a lot of special deals which always have a limited time or number of deals to it so that it seems much more exclusive. Every year new gadgets like phones and laptops come out with new features that are a must have. It's really hard to not give into all the consumption madness and stick to older products and instead try to save some money. Any person who has managed to successfully budget their monthly expenses and save money on the side will be doing well in the crypto world. Bitcoin is the great example how well you would be doing if managed to save all your coins from the start.

IEM Katowice 2023 is in full swing already with the main stage happening next weekend. I missed the first rounds of games as I was a bit busy this week with work but will bet on the matches today and tomorrow. The first match will be NaVi vs Cloud9. NaVi is usually one of my favourite teams, but they are struggling bit lately during the Spring Blast I would probably skip the match and focus on the others. G2 vs BiG is a great match for G2, they are a really strong team and should win that match easily. Also FaZe vs Spirit seems like a sure win for FaZe. And in the most one sided match for the day it will be Astralis vs Eyeballers, which is going to be a win for Astralis. Eyeballers is pretty new in the professional esports scene and is not ready for such a strong opponent. For now I am trying to bet only on the matches with a clear favourite so that I can build up my bankroll again for bigger bets during the quarter and semi finals. As for tomorrow Heroic vs Complexity seems like the most one sided game and should be a good win for Heroic. And in the second match Outsiders will meet fnatic, which shouldn't be a big struggle for outsiders.

In today's world we need to be very careful what we say about man and woman as we don't want to exclude anybody or make someone feel bad for not being interested in a topic. But to be really honest with you it seems to me that gambling and sports betting is a  male dominated field. From my female friends or the wifes of my friends I never really hear anything about gambling or sports. They all just seem to have different interests and only watch big sports events because their husbands are into it and they just follow along. Even at work my female colleagues are never really interest when we talk about gambling or a big upcoming match of our home team during the lunch breaks. I think that woman are different interests and would rather sit down for a coffee or a drink with friends for 2 hours, than watch a sports event.

Sounds nice and I hope it will be a success for you and your team. The problem I always face with PvP online games that you can bet on is that you need to find a game which is easy enough for many new players to learn quickly, but still offer the possibility to become an expert in for some people who are willing to invest a lot of time and money. So you need to find a good balance between randomness and skill. This is what made Poker so successful, even an inexperienced gambler can get a decent hand and beat a professional player. For a complete new project that is looking for an active player base I would recommend to make your game a free trial version first. Maybe even offer some promotions for people to try out your came. The only real option to get players to stick around and play regularly is to make it as entertaining as possible. Money is important too, but to really stick around and play a few times per week or even every day you need to really enjoy the game.   

It is a bit hard to give a general answer here without having more information about your business. What kind of products are you selling on Facebook/your own website and are selling only online or also in stores? In my opinion any online store should accept bitcoins these days to be more attractive for the consumers. Also if you are selling products globally you are probably involved in foreign currencies involved that also have a high volatility compared to your base fiat currency. Bitcoins would be a good alternative to all the other currencies that customers could pay in. It really depends on how your sales usually look like and in how many different currencies you deal. There are a few ways you could deal with the risk of losing money in bitcoins or other fiat currencies. The first one would be to exchange all the money back to your own fiat currency each week, like this you reduce the risk of making a loss on your sales. Another option would be if you have suppliers that you need to pay that you could pay them directly in bitcoins. Like that you would only move the bitcoins around and also don't have a lot of risks.