Yes of course I am reluctant to deposit more money if there are open issues with a casinos. The recent boom in online gambling also attracted more scammers. If I hear that a fellow gambler has issues with a casino I will keep an close eye on it. Rising number of issues and accusations is the first warning signal that there is something wrong with the casino. Nobody wants to deposit money at a casino just two hear two weeks later that it went bankrupt. But of course we need to distinguish between slander and real accusations.

Getting 1k USD per month or 12,000 USD per year is definitely realistic if you have 1 million, but getting to the million first is the hard way. For myself I am not setting any hard goals like this because it could make my risk tolerance to high and I would be willing to take too many risks. Sure having 1 million in my depot would be awesome, but even making it too 700,000 would be nice. I strongly believe in diversification, so I am balancing my investments between stocks, crypto currencies and some commodity funds. So far I would say that from stocks and commodities I am getting between 7-10% return per year, sometimes more, sometimes less and for the crypto portfolio the returns are much higher.

Thanks a lot for your Raffle.

I would take the number 9 for both sets.

Set 3 - 9
Set 5 - 9

Good Luck all!

Hard to give a general advice for dealing with high volatility coins. For me it all comes down to how much believe in a particular project. If I think that it is a good project to invest in that uncertainty is not such a big problem. Most of the coins I strongly believe in I hold as a long term investment, with a HODL strategy it is much easier to sit through higher volatility times. When prices change in a few seconds than it becomes hard to trade profitable in my opinion. Because in such short time intervals it all comes down to who has the best internet connection and the shortest distance to the exchange servers. Unfortunately my setup is not so professional and I will be likely behind any more sophisticated trader. Best to just try and trade around such milisecond decisions.

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Will this renewed campaign only last 4 weeks or maybe get extended afterwards?

From what I read about the CIA in the past is that they use all kind of shady ways to fund their clandestine operations. Engaging in large scale drug trafficking in the past is probably the most famous one. That is why I am not surprised they are involved in crypto currencies. To be honest they could even run a few of the well known projects. Acting behind closed doors and using famous entrepreneurs as their public face is a speciality. I don't think they worry too much about regulatory aspects since they mostly operate outside of the USA anyways.

I don't think having a coin that moves 10-20% every day is a good market indicator. It's good that bitcoins are not moving so heavily anymore. It's a sign that the  BTC market evolved and is more mature which makes it more attractive for investors. Showing lower volatility means that we have less noise in our trading signals. Its very similar to the stock market where small and mid cap companies move much more than the blue chip stocks. A sideways trend is also an indicator.

It's a good idea to make new Apps to help us gamblers. Everything that helps us improve our gambling habits is a good idea. Keeping track of our wins and losses is important in all aspects in life. I am using an excel sheet go keep track of my spending, investing and gambling balances. Having a designated App can make things a lot easier. Especially for new gamblers it's hard to see the volatility in our bankroll.

It is good to read that bitcoins helped you to be less dependent on your local Fiat currency. While corruption and inflation is not that high yet in my country I also worry about them. The politicians have so much power within a country, a few wrong reforms can send the economy downward and cripple the currency. Together with inflation this is the biggest risk we face for our savings. That I is why I believe so strongly in bitcoins and other crypto currencies. We need alternatives to the state monopol on monetary supply. It became to easy for politicians to use fiscal stimulus to cover any short falls in the government budget. Crypto currencies are the future and will increase the pressure on countries to get their finances in order.

To make a constant return on your bitcoins you would need to sell them and buy them back later at a cheaper price. With the high volatility we see at the moment in the crypto market there are definitely opportunities to make some returns. The problem is that every time we trade we have to pay transaction fees and have the risk to miss out on the next rally. It all comes down to how much time and money you have to spare. I would recommend you to leave 80% of your bitcoins with the HODL strategy, and only use a small fraction of your coins to actively trade them.

My biggest win so far in a single game was in poker when I won 280 USD in a sit n go game. I usually only player lower stake games but had some free tournament buyins I could use. Usually wins like that don't happen very often, and if they do happen it's a huge boost to our bankroll. After that win I never needed to deposit new money. My biggest win in relation to the buyin was a scratch lottery ticket where I won 65 USD on a 1 USD ticket.

For me the big risk is identify theft. We are sharing so much personal information via Facebook and Instagram that it becomes very dangerous in today's world. If someone has a copy of our passport he could do a lot of harm. There is the risk that our personal information is being misused for some illegal activity which could harm us in the end. Our credit score could be negatively affected like that. And the even bigger risk is that people want to steal from us. From social media criminals easily know when we are on vacation and with all our personal information they know where we live and can break in. Maybe I am too paranoid.

This month is really wierd. A few weeks ago I thought we would see a small end of year rally just before Christmas. Politicians kept saying that the covid pandemic is not so bad anymore, many people are vaccinated and we don't need another lockdown. So economy wise this year looked better than last year. But now with the new covid mutation I am not sure anymore. It sounds like another doomsday scenario and maybe we are exactly where we were last year.

I fully agree with you that crypto currencies are not 100% save, there is always some risk involved. But so are all the potential investments. If some offers you a 100% save stock deal than he is lying. We can't predict the future with absolute certainty. Even the savest money at the bank can be lost if the bank goes bankrupt. We have seen it in the past with Lehman brothers. The same goes for government debt. It may look very save on paper, but even countries can go bankrupt. With crypto currencies we get at least rewarded for our risks.

Though question because bitcoin would need to rise a lot to reach that levels. Let's say a mansion costs 5 million, that means the price for 1 BTC would be 50 million USD. That's a lot compared to the 50,000 we are at right now. Maybe in a few lifetimes this could happen, but not any time soon. First of all we need to reach the 100,000 which would make it possible to buy a cheap home for 1 BTC. Long term it still remains to be seen if all countries are going to accept bitcoins. If the ban on cryptos is going to be lifted than it could eventually happen. There is no upper limit for the price of Bitcoins.

Congratulations mate, making more than 10% with sports betting in a single months is definitely a big accomplishment. I hope you are celebrating accordingly. With such a profit 2 weeks Bahamas sounds like a good reward  but honestly you must have bet for a while now to be able to stake such large amounts. May I asked with how much money you initially started? Having more than 4m USD to bet with means that you already were rich before. I can just dream of such profits. Hopefully you can keep doing such profits every month.

Ja das glaube ich auch. Habe zwar in dieses Größenordnungen noch nicht gehandelt, aber wenn wir das Orderbuch nicht auf einmal fluten dann sollte es den Preis nicht wirklich beeinflussen. Es weiß ja niemand außer uns wie oft wir die 20er Häppchen einstellen werden. Um es vielleicht noch etwas unberechenbarer zu machen, könnte die Ordee jedesmal etwas geändert werden, einmal 19 und einmal 21 BTC. Alternativ könnte man auch an mehreren Börsen gleichzeitig kaufen.
El Salvador scheint hier schon einen guten Preis erwischt zu haben. Finde es nur gut dass sie ihre BTC Bestände in so einem Dip aufstocken. Die neue corona Variante war vielleicht ein erster Schock für viele, aber wie schlimm es wirklich weiß ja momentan niemand.

I agree with you that never selling at a loss is the wrong advice. If we follow it without thinking we can be stuck in a lot of bad investments. There are two reasons why an investment can drop in price. First, the overall market is tanking and sending every asset down. At this point our investment can still be a good opportunity and selling is a bad idea. The second reason would be that investors lost confidence in the investment. At this point it would be better to sell because we don't know if it will ever recover.
To say never sell with a loss limits our actions to much. As good investors and traders need to think freely, without having past losses in our mind. Also we can get tax benefits from a loss and offset future gains to save money.

Of course I would choose to be rich, but I don't think the world will be black and white like that. Most asset classes move in cycles, just like the crypto market. This means that there will always be new opportunities to invest and get rich. You might be right that right now it's a chance to become super rich, but do we really need to be super rich? Imagine that everybody know yours face, you become very famous because you are super rich. You can't live a normal life anymore, as soon as you go outside you might feel scared that people can rob you. And everybody is going to ask you for money. Money is important but I would rather live a happy life if I can afford everything I need.

Never say never, while this might be not realistic today, such a scenario could happen quickly in the future. First of all it would take some prominent investors to push a particular alt coin. ETH might be in a good position right now to eventually break the bitcoin correlation. As long as a drop in bitcoins sends all the other crypto coins down too, it's hard to imagine any coin to surpass bitcoins. But it is just a matter of time for other strong crypto coins to be independent.
If that happens I think we will see a downward spiral for bitcoins. Because many investors just buy bitcoins because it is the largest crypto market. If there is a more successful coin out there I would expect many investors to sell their BTC for that new coin.