Sure we would have made more money if we invested more in our best trades, but we would have also lost more money in our worst trades if we had more capital. When it comes to trading it's all about the returns in percentages and not absolute terms in my opinion. You either make a profit (positive return) or a loss (negative return). Having a large capital base to start trading with us no guarantee to make money. In my opinion it's rather counter productive, I would focus first on becoming a good trader before investing large sums of money. Because a good trader will always identify new trades to make money. Thinking about one trade in the past where we could have made a lot of money is not productive and helpful. There will always be opportunities that we missed out on, no need to feel bad about it.

That sounds like a good strategy indeed. The recession is only a temporary event that is not going to last. Economic growth has always happened in cycles, with bigger recessions happening on average every 10 years. In the 1990s we had the Asian debt crisis, in the 2000s we had the IT bubble, in 2008 the subprime mortgage crisis, and now the energy inflation crisis. All of these events lead to recessions which were overcome in a few years, only to reach new ATHs afterwards. I am sure the same is going to happen after our current crisis. And the best we can do to focus on the recovery is to stay invested. Both crypto currencies and stocks will rise quickly once the recovery is on its way.

That is sad news, even though I don't live in Bangladesh I hate to read about countries blocking casinos or making gambling illegal in general. It's okay if a country wants to do something against money laundering, but banning 331 casinos seems excessive to me. Why not work with the casinos together and make money laundering harder? Banning a casino seems like the last solution. There are other ways to prevent money laundering and still allow gambling to people who enjoy it. It's not only about all the customers who enjoyed gambling at those casinos, it's also about the employees from Bangladesh who work at those casinos. This is a really big step and is going to hurt a lot of innocent people. I am pretty sure that the majority of the gamblers on these casinos are not engaged in money laundering and rather use gambling as recreational activity. The issue I have with outright bans is that there is always a way around a ban. A government can't prevent gambling to 100%,  the same way it can't prevent illegal activities 100%. All the government does with the ban is moving the online casinos into a dark area, which takes away rights from the customers. People who enjoy gambling will try and find alternatives and if they are not allowed anymore then there is no safety for the customers. If there are any issues, than the customers can't take a lawyer and get his rights in front of a court. I hope other countries will not do the same and also ban so many online casinos.

It's true that Bitcoins came a long way from it's initial price of less than 1 USD, but these prices are long gone. Most of the investors we have in the crypto market today haven't been around in 2009. Me personally I only started with crypto currencies in 2016, that is why I think it's wrong to compare the prices we are seeing today with the prices over 10 years ago. Looking too far back into the past makes you feel bad that you haven't invested earlier in Bitcoins and somehow let' you hope that prices will fall again to a similar level to get a second chance to buy so cheap again. This second chance is not realistic and we shouldn't be hoping for it. It's better to look at the more recent prices of Bitcoins, we see that up until 2021 the price fluctuated around the 10,000 USD level. Comparing that to today it's still a pretty got development for any currency.

As long as everything is legal it's not a big deal in my opinion. I wouldn't have thought differently about my teachers if they were regular gamblers, it rather makes them see more normal. The  only teacher I know that was a gambler was my math teacher in high school. He liked to use gambling examples during our classes. He also had some funny stories to tell from his casino days. During school trips we went to some bars together in our final year and we played some slots together. It was a great experience and he was my favourite teacher. So knowning that he gambles made him actually more likeable. I don't think that his colleagues looked differently at him only because he gambled. Probably more teacher also gambled and we just didn't know about it.

I feel like companies are using the rising inflation as an excuse to increase prices more than necessary and making things worse. Especially companies that sell essential commodities are aware that consumers can't stay away and have to keep buying no matter what the prices. The politicians keep talking about economy downturns and that things will get worse, yet many companies have strong revenues and pay their employees big bonuses. I wish the government would keep an closer eye that companies don't increase their prices too quickly. Every price raise that is not necessary except to make higher profits will increase the inflation even more. Once the overall inflation is above 10%, the government should step in. Otherwise we face the risk of a downward spiral.

For me the anonymity of online game is not really important. I don't mind if people know that I am a gambler, all of my friends and my whole family knows it for years already. Also gambling is legal and quite common in my country, in my city there are tons of small slot places and sports betting cafes. Every young man here as at least gambled once in his life. If I had to choose between anonymity and safety I would always go for safety in an online casino. I mainly prefer crypto casinos because it's easy to deposit and withdraw money, and it gives me a chance to increase my crypto holdings.

Yes I would promote them if they have been a recognisable member from the forum who has been around for some time and has a good trust rating. Let's say a new member who signed up 6 months ago and has already negative trust reviews, then of course I wouldn't support that casino. In my opinion the bitcointalk community is great, we have many members here who have been around 5+ years and if they would decide to run their own casino, we should help them.  I don't think this would be a conflict of interest if you promoted different casinos in the past. Opening and running your own casino requires a lot of money, experience and time. Without having some knowledge about the industry it's not a good idea to open your own casinos. So maybe working with casinos in the past and promoting their business helped to gain a better understand of how casino operates and also helped to save up money to start your own business one day.

I am not sure if this plays a big role in why people are afraid of Bitcoins. It's true that our upbringing plays a big role in what we are afraid of and what not. For example, if our are parents and grand parents where too afraid to invest in stocks directly and let rather the bank decide on the investments than it's likely we as kids will do the same. My grand father was always very interested in stocks and liked to choose them all by himself. As a kid he gifted me my first stocks and that is probably why I became so interested in investing and trading. For me crypto currencies is the new form of commodities and currencies that everybody should be invested it. I am not afraid and hope that over time more people lose their fear of the new unknown. What makes most people afraid to invest larger sums in the bitcoins and other coins is the volatility in my opinion. If you look at the bitcoin price at the start of the year it was around 40.000 USD and 1 year ago it was at 60.000 USD, and 2-3 years ago it was at 10.000 USD. This big volatility scares of some potential new investors who likely wait for bitcoins to reach a more stable era.
   

Mal wieder ein Klasse Gewinnspiel hier im Deutschen Forum. Danke an 1miau, icopress und das Betnomi Team für ein weiteres Gewinnspiel diese Jahr. Kommt ja einiges zusammen am 31.12 zweites Weihnachten für zwei Glückliche hier


Viel Glück an Alle und schönes Rest Wochenende

The casino doesn't need to cheat you, the games are designed in a way that there is a house edge that makes sure the casino wins over time. You are saying that 95% of gambling sites are scams but don't give any actual proof for it. That number is way to high and it makes no sense for big casinos to engage in scams. Why risk your reputation and business for a scam that will be uncovered and ruins your casino? The big online casinos who have been around for years rely on their regular customers for their profits. Running a scam in a casino will only make sure that all of the regular customers are going to leave the casino and not come back. A casino doesn't need to run a scam to make a profit. All the games you can play online or in physical casinos have a negative expected value for the gambler. That means the longer you play, the higher the chances the casino is going to win. Which doesn't mean we can't be lucky and make a profit ourselves. It's just that the overall number of losers in a casino will be larger than the number of winners. That is how the casino makes their money legitimately.  

That is great news, good job. We should all help our friends and family to buy some Bitcoins, the price is still so low at the moment that it's a good point to invest. I wish I could also help my father to get into the crypto world, but he is already so confused when it comes to money and investing. Maybe it's the age that he is trouble remembering things, or it something worse. He constantly loses his bank card, forgets his PIN. There is no way he could do online banking at his age, he barely uses his smart phone or writes emails. At his age there is probably no more opportunity to invest in bitcoins. At least my cousin is very interested. I bought him some bitcoins for his birthday in the summer and gave him his first wallet. He is now actively checking the market and even bought his own coins.

I agree with you that the demand for crypto currencies is rising during times of high inflation, but a recession is working against that pressure. A global recession we are facing now creates a lot of uncertainty for investors. First of all we don't know how save our jobs are, maybe companies need to lay off workers and we will be part of the layoff. This fear makes planning future investments very difficult and investors are reluctant to add on new trades. In my country the situation is very paradox, most of the big asset managers recommend to not invest right now and hold cash instead, but with inflation rates at 10% it makes no sense at all to hold cash. It's only a matter of time before more investors start buying crypto currencies again.

I never really thought about how the patterns in gambling would look like. The 4 pictures you gave us are all a simplistic approach, especially the first and second picture are only linear lines which is not so realistic. For me these are the most common scenarios, it either goes well or it's a bad evening and I am losing money. But in either direction there are moves up and down on the line. It's not like I lose two games and then I know I will only lose that night. The pictures make it seem that there is a trend in gambling which of course there isn't. A total loss like in picture 3 rarely happens these days, because I try to have treshold loss in place after which I stop gambling for the day. So once I lose a few rounds in a row and I used all my budget for the week I have to stop gambling. In my opinion such an approach is important to avoid going broke, because once you lose all your money is no more chance to recover. Splitting my bankroll in smaller sizes to gamble each week there is a much higher chance to  recover my losses from the previous week. The last picture is what mostly happens when I run my martingale strategy, there is a loss streak only to be recovered at the end.

My core trading strategy I have been using for more than 5 years now. I started with it back when I was only buying and selling stocks and some bonds. Eventually when moving into the crypto world I gave it a try to trade cryptos similar to stocks and found out that the price patterns seem very similar. My strategy at the moment based on a few different technical indicators, including High/Low prices over the last 30 days, moving average prices for 7 and 30 days and the traded volume. It's not a guarantee to make money and I have even made quite a few bad trades over the years. But I usually come always back to a similar strategy. After a bad trade I switch around the time frames, and instead of looking 30 days numbers I switch to 60 or 90 days to look for different trends. For me it is good to have a fixed system in place to rely upon, it helps calm my nerves and I worry less about when to sell and when to buy.

Isn't it always a form of investment when you hold different currencies and decide which one to use for your purchases. Before crypto currencies my investments where either in Euros or US dollar, there wasn't much to choose from when making bigger purchases. Now I hold quite a few different coins and all of them are currencies in my eyes. And it is a normal thought process to decide which currency makes the most sense to sell right now. All smaller purchases I am doing in Euros, because that is where most of my income is coming in. For larger purchases like the next vacation I would choose right now US Dollars, both Euro and cryptos are low at the moment and I want to hold them until the market recovers.

Yes of course NFTs can coexist with gambling projects, the question is only how well gamblers are going to accept. If the NFTs are for free and are like bonus jackpot that we can win on top of our normal winnings, then everybody would be happy about it. The problem is that the value only comes through scarcity and that will be hard to achieve if they are given away freely. And if NFTs take a too large part in the winnings it could drive away gamblers who are not interested in it. Maybe a function to choose between crypto or NFT payouts could work.  As for the usefulness I am not so sure about it. When it comes to gambling for most people it's about making a profit, and right now the times to make a profit with gambling is not so great.

If you have 1 million USD invested in bitcoins and other crypto currencies I hope you made a testament that includes all your assets and how the should be split among your family. Without a testament all your assets will go to your wife or children automatically. But if they sing know about the bitcoins all your coins might be lost. The next step would be to guarantee that your family can access your bitcoins. If they only know about your coins but can't access your keys than your coins are lost. With investment above 50,000 USD I would consider renting a safe deposit box at your local bank. There you can store all important information in one place and your family and has no trouble finding them. Alternatively you can also add instructions on how to access and keys to tour will. Then your lawyer will deliver that information to your family.

I remember that feeling, my first few times in a physical casino I waa afraid to make mistakes and people would laugh. That is why I only played roulette, betting on red or black. Nothing can go wrong there. My friends were a bit more experienced and they also played other games. It took me a while to get used to the whole casino atmosphere. The good thing about casinos is that people are usually very friendly and you can ask questions, also you are not required to gamble constantly. You can spend a whole night without betting at all and only observe other gamblers. A good friend of mine who doesn't like gambling still goes to the casinos with us, only to enjoy the drinks and place one bet every time right before we leave. In the end we put most of the pressure on ourselves and the other gamblers are so busy with their own game that they won't even notice us.

What the heck is that approach mate. Are you seriously running that strategy? How long have you been using it and what is your profits?  I don't think this is a very profitable strategy long run and it will lead to you losing all your bankroll eventually. You seem to be a using a martingale approach, where every win will make you a profit and cover all the previous losses you had. The problem I see here is that you are increasing your bets too fast. Why jump from 20 to 60 USD so quickly, and already after 6 times losing you are at 2300 USD. If you lose that are you going to bet 7000 USD? In the end you need more than 10,000 USD bankroll to only cover 7 losses. And getting 7 losses in a row with 50% chances is not so uncommon.