That's a great success stroy, I am happy for you buddy. Making profits so quickly in your crypto career is an awesome moral boost. And sharing your story with us can help others to find the motivation to follow your success. It's good that you keep following your strategy and will keep buying more coins. If a system works well there is no point in changing it. In my opinion following a DCA approach for buying our crypto currencies is the best strategy. Nobody knows with certainty what the future price of bitcoin is going to be, that's why it's so hard to find the bottom and the top do buy and sell our coins. When we keep buying fixed amounts of fiat money worth of bitcoins we don't need to worry about the price so much anymore.

So far I haven't won a life changing amount in gambling. Maybe one day I will manage to hit a huge jackpot and make up for my previous losses. The chance of that happening is unfortunately very slim and most of us average gamblers are not going to be so lucky. But if we don't play our chance would be 0, we need to keep trying to eventually make it. The question if I would still gamble after such a high win would I answer with yes. Gambling is a form of entertainment and just because I won a lot of money doesn't mean I will change my life completely. What I wouldn't do however is to use all my winnings to keep on gambling. Why should anybody bet large amounts after already winning life changing money? You already succeeded in gambling and don't need to try to do it again. The best approach for me would be to take my huge winnings and invest it in crypto currencies and buy an apartment from it that generates regular rental income for me. A huge win shouldn't change our gambling habits, we can still keep on playing and only bet our previous smaller amounts. Sticking to our old routine ensures that we won't be losing everything that we won before and still can enjoy the entertainment of regular gambling.

There is a pretty easy answer to it, our parents aren't a 100% right and we want to make our own decisions in life. Sure our parents want only the best for us and would like for us to grow up and be the best moral citizen in our countries. The problem is that life is more complex than that. If you ask yourself why people still gamble, you should also ask yourself why people still smoke, drink alcohol, eat unhealthy food, build weapons, etc. There are so many habits in our daily life that we should avoid if we only want to do the things that make us better humans. It's not reality, people need things to entertain us, make us feel better and let us get through the day. Working 8-10 hours a day is demanding and we need to reach charge our batteries in the evenings and weekends. Gambling is one way to relax and get out of the dreadful daily routines. With gambling we have the chance to completely change our life and it lets us dream what we could do if we win a huge jackpot.

It is true that there are two types of banking systems, one for investment banking and one for ordinary consumer banking. The products they offer are completely different from each other, and the regulatory requirements are also very different. I can understand the arguments that these two system should be kept apart from each other to reduce the risk for the customers. Investment banking is much more risky than the consumer banking that just offers loans and savings account. The thing is that traditional consumer banking seem to slowly disappear with technological advancements. Do we really need an institution in 2023 with many offices around the world and thousands of employees that only collects money and lends it out? The crypto community shows us that the is huge potential for p2p networks without a big institution in the middle. The problem I have with crypto exchanges just for buying and selling, and investment exchanges with more advanced products is that we usually want as many traders as possible on an exchange to get the best possible price. The higher the number of people buying and selling on an exchange the better it is to find a counterpart for our transaction. If we divide exchanges for their different purposes it could be hard to find some buyer or seller for our alt coins.

I think this is one of the best advantages bitcoin sportbooks and casinos offer the customers compared to fiat casinos. Over the last few years we saw a huge rise in the crypto gambling industry, which came from the hype in the crypto community. With many crypto investors making huge profits in the 2021 bull market, there was a lot of capital to be spend at the casinos. This growth allows crypto companies to offer better promotions and advertising than other companies and we customers should always look for the best deal. Having the option to choose from a large number of casinos is the benefit of the internet. And as long as they have a good reputation and our money is save, there is no issue to switch to the sportbooks with the best promotion.

Yes I think he means physical casinos vs online crypto casinos in this thread. It's true that there are a lot of differences between the two types of casino and especially due to the covid lockdowns we saw a huge rise of online casinos. It's so much more comfortable to gamble from your apartment instead of travelling to a casino where you need to dress up to enter and can't just do something else whenever you feel like it.  Most of the differences between the two are just preferences, some people prefer to gamble alone whereas others prefer to spend an evening with friends gambling and enjoy the cheap or free alcohol. The main focus should be security, as it doesn't matter if we win a lot of money and it gets stolen from us. In my country it's quite save to visit casinos, there are no muggings on the parking lot and all the casinos have been around for more than 20 years already and have a good reputation. With online crypto casinos it looks a bit different, there is a higher security risk and we should avoid leaving large sums of money at the casino directly. Better to pay some fees and withdraw the money to our more secure wallets.

When I was younger I had similar problems, it was hard to stay away from the casino the next day after a big loss. Sleeping a night off changes the perspective completely and my brain kept telling me that I need to go back to recover my losses. Unfortunately this lead in some cases to even more losses and I rarely managed to recover my money. But I got used to my behaviour and tricked myself to not follow the same pattern again. The best thing to do for me was to spend the day outside as much as possible, a few hours in nature helped me to calm my mind and I don't gamble on my phone so I need to be home to play again. Today it became a bit more easy to control myself, as most casinos have a panic button now. With one single button we can log ourselves out from the casino fro 24 hours with no chance of coming back. It's a great feature that I always use after a big loss, I just know that I need to take a break for several hours and with that button I can't change my mind again.    

Würde ich für alle Crpytobörsen empfehlen, nicht nur Coinbase. Die Börse ist gedacht um unsere Coins zu kaufen und verkaufen und nicht um sie dort lange zu halten. Ich ziehe meine Coins direkt nach dem Kauf wieder aus der Börse raus, genauso überweise ich auch erst direkt vor einer Transaktion meine Coins auf die Börse. Falls du sehr viel handelst (mehrere Transaktionen täglich) dann ist es vielleicht schwierig immer wieder dein Konto bei der Börse zu leeren, aber ich würde lieber mehr in Transaktionsgebühren bezahlen als dem Risiko ausgesetzt zu sein alles zu verlieren falls es ein Problem mit der Börse gibt. Falls du die Coins nur kurzfristig halten willst dann würde ich sie wahrscheinlich in einem online wallet halten, langfristiges halten lieber im Hardware wallet. Hängt natürlich auch von der Höhe deiner Bestände ab, alles über 500 Euro würde ich immer in dein sicherstes Wallet schaffen. Mit staking habe ich bisher noch gar keine Erfahrungen gemacht, hängt aber glaub ich eher damit zusammen wie sehr du den Personen vertraust den du deine Coins leihst und nicht so sehr der Börse.

I would always recommend to stay anonymous as much as possible, no matter if we own a lot of bitcoin or not. Being wealthy and telling strangers about it is a huge security risk that can lead to severe consequences. Knowing that you have a lot of money can turn friends into enemies and should be avoided as much as possible. The question I would always ask myself is what good does it do to tell someone how much money we own. Usually there isn't much advantages to be gained by promoting our wealth. Crypto currencies make the whole topic even more important due to anonymity of it. Once criminals get their hands on our coins there are not many ways to get them back. A credit card can quickly be canceled so that the criminals can't use it anymore, but once our coins are transferred out of our wallet we are doomed. It's fine to talk about crypto currencies publicly, just don't advertise your personal information and how much you own.

Given that the sport is already 15 years old, I am quite surprised that I am hearing from it for the first time. Maybe it's not so popular in my country. With 20 nations competing against each other there must be a lot of people following it already. Picking up trash is a good thing, so the sport would actually better the life of many and should be supported. The problem is that casinos will add things only where there is real demand for it. Do you know many other people who are interested in the sport and would bet on it? Maybe contacting a sport bookmaker directly and tell him how high potential demand would be for the sport. Another point is how competitive the sport actual is and how fair the tournament is organized.

I fully agree with you, we can't compare gambling addiction to a trading addiction. The two things are very different, because in gambling you either win or lose. Especially when you are addicted to it you can't stop. So you will only stop when your balance is 0 or if you made a big profit and are happy with it. There is no in between, you either take it all or you lose it all. In trading it's very different, once you invested all your money your balance is also 0, but you therefore have a variety of crypto coins in your portfolio. Now when prices are moving against you and you are in the red, you shouldn't be selling all your coins and reinvest them somewhere else. A paper loss is not realised as long as you are not selling it. Also even if you would sell all your positions again your loss wouldn't be 100%. In trading we will always have some money left that we can use to make more money again. I am not saying that a trading addiction doesn't exist, but it should be easier controllable than a gambling addiction.

If they make more money from their music then it doesn't really matter losing large sums. Celebrities and artists have a whole different concept of money and I am always a bit cautious when I hear stories that famous people lost everything at gambling. It's hard to verify such stories and it could also be an attempt to get more publicity. Artists get more money the more famous they are, and negative stories attract more readers than positive ones. What we see from these stories that casinos entertain rich and poor people alike, we all play the same type of games. It's better to make up our own mind about gambling and not listen to celebrities. Just because someone else losses large sums of money, or wins the jackpot doesn't mean the same is going to happen to us. We all have the choice to stop whenever we want.

Not sure what Apple is planing to do with their new glasses. So far I have seen a lot of memes being done for it, but I haven't heard from many people who want to own one. I don't really like the design, it looks like a ski mask and I wonder if people are really going to buy it. Sure there is the fraction of people who buy everything from Apple and will likely also buy the Vision Pro, as for the majority of the consumers I would expect them to not pay 3500 USD for one gadget.  And the real question is how the gambling industry is going to react to it. For me personal this would never be an option, why should I pay so much money if I could use that money for gambling instead. Like you said there is no real benefit to get better winning chances from the glasses, it's only for comfort and to give us a better experience. Meta gambling is definitely going to be the future, but why not use a different VR headset that is much cheaper? So far I haven't bought any Apple products in the past and I am not going to start now.

I have never been addicted to gambling, even though I play for more than 10 years. My close friends who have been gambling with me for years are also not addicted to gambling from what I can tell. Among my family and friends I have seen people be addicted to drugs, alcohol and cigarettes. I can tell how someone is struggling to get his fix and focuses only one thing in his life. With gambling addictions I would expect it to be similar. This might be a bit hard for me to answer, but I tell you I control my habits for such a long time. The most important factor for me right from the start has always been to have a fixed limit of how much money I am willing to gamble with. This started out from my early days when I went to my home casino and I only took cash with me, going without credit cards allowed me to control my maximum loss for a night. Today when I mostly gamble online I still follow the same idea, I set fixed limits for myself for each month to not lose more money. Once I lost the budget allocated for a week, then I am stopping and take a break. Also whenever I make a good profit from gambling I will withdraw some of that money to take it out of my bankroll, to not lose it again next week.

It's true that all the longterm hodlers of bitcoin don't really make any income with their coins when they just store it their wallets, but they are also not losing any coins. Day trading for shortterm profits is the exact opposite of HODL investing and doesn't really suit most investors. There is a lot of risk involved with day trading, and we also need to spend hours analysing the market. It all comes down to how much return we are looking for, some investors are fine with the longterm profit from holding bitcoins alone. Others are willing to take higher risks in life for the opportunity to achieve higher returns. And then there are the people who are willing to let strangers work with their capital to make a profit from which they participate. This of course also can lead to big losses if the other person makes losses. For me personal lending out my coins is not so interesting and too risky, I prefer to have full control over my portfolio and trade some of my coins myself instead of letting someone else do it. It's similar to all the investment funds where we can give away our money and hope that the fund manager will make a big return for us. Or we invest some time and make our own analysis to trade for our own personal profit.

Buying Bitcoins continuously is a good idea, just the time frame to buy coins every day seems like too much work and too expensive in my opinion. A more practical approach would be to buy coins over longer periods of time, like every 2 weeks or once per months. Using 10% of your income is a great number, as long as you actually can afford it. Don’t use any money for investing that you need in a short period of time. In case there are some expenses coming up where you need the money again I would advice against investing it in Bitcoins. There is a lot of volatility in the crypto market and being forced to sell at unfavourable prices can lead to big losses. So instead of buying daily 1$ I would recommend to buy 30$ worth of bitcoins every month. The transaction fees are quite high at the moment, it’s better to make less transfers as you always need to send the coins your bought to your wallet. Don’t leave all your money at the exchange, the risk to lose it in case of a security breach is too high.

In a democracy this can't really happen. If any political party would consider taking away large sums of private money, there would be a huge public outcry and the politicians wouldn't be in power for long. Who would vote for a party that wants to steal your money? And even if the presidents finds a legal loophole to push it through, there would just come to opposition and bring it all back. You can't have policies that affect the majority of a country negatively. In a communist or dictatorship country this might be different, the politicians in power can choose freely and don't worry about what the average person thinks. But even in such a situation the question remains, how will the government manage to get access to all the private wallets. Just by demanding the people to give up their crypto coins, doesn't mean that everybody will so. I would expect for most people to not give up their coins and instead hide them from the government.

Investing our money is no guarantee to make us rich, I agree with that, but in my opinion it's the best option we have to try and get rich. There isn't many alternatives we can do with our money. The first approach would be to spend it all and not carry about our financial futures. This is the worst possible attitude and will never get us out of poverty. We could buy new clothes every month, buy the newest smart phone every year, go out to eat in restaurants multiple times a week, and so on. It's easy to spend all our money and don't save for the future. The second approach would be to save money regularly, but don't care about in what form we are saving. Leaving all our money in a savings account at the bank is the worst form of saving. We will never become rich this way, as the inflation will take away all the value of our money over time. The interest rate the bank bank offers us is below the inflation rate, we need to invest our money to make higher returns. Our last and only option is really to use our money and invest it in more promising opportunities. Better to invest and lose some money along the way, than to never invest our money at all and make no real returns.

The Blast Spring Semi Finals are being played today and the Grand Finale is coming up tomorrow. The first match today is going to be Heroic vs Imperial. Its nice to see that a Brazilian team managed to go so deep in the tournament by beating Vitality and Complexity. FalleN is one of my all time favourite players and it's awesome to see him still play competitively at such a high level. I really would like to see the Brazilians reach the finals, but Heroic is the number 2 team in the world and they beat FaZe 2-0, my money is on Heroic to win. The second match is G2 vs Vitality, which is going to be a much closer match as the two EU teams are quite similar in strength. Vitality is currently the #1 team in the world after winning IEM Rio and the Paris Major. That is why I am going to stick with Vitality for this one, the final is likely going to be Heroic vs Vitality, where I think Vitality should go all the way.

I also stopped calculating my losses, because it didn't give me any real benefits and only made me fell depressed. In the past I used to have an excel spread sheet where I put down all the money that I won and lost in gambling, but over the months it got to a lot of money and when I looked at the sums I felt really bad about it. For some people it might be interesting to see how much money they spend in gambling, for me not so much anymore. One point of summarising all our gambling endeavours is that it can be misleading. There are a lot of swings when it comes to randomness based games and this will inflate our loss numbers. Let's say you first won 1,000 USD in gambling only to lose it again 2 weeks later. Then your loss will show that 1,000 USD even though you never heard it in the first place without gambling. Only in poker I still keep recording how much money I play with each week to see how my swings are and if I am still profitable.