Unfortunately, that is really the sad reality in the world we live in because there is only few public officials who were really honest during their term especially if they were exposed to this kind of industries that will make them instant reach if they want but they chose not to. But mostly, as you said, there are more corrupt officials than the good ones and many officials have already been proven guilty and been jailed for it.
Honestly, it's much better for a country not to run any gambling business that their own government officials will man it because that will just result to an unwanted situations. It's still much better to just reap the fruits year from the revenues generated by these private gambling businesses.
Therefore, the share of the state should be reduced to a minimum wherever possible. We can't have private courts or police (although some functions like security can be performed by private firms) but I don't see any reason why we should involve the state in running the casino business. A lot of individuals and organizations are ready to do this, compete with each other and provide the best service - why break this working system? After all, in the end we will get the worst product with a corrupt official. It's just not wise. Always have that effect when government take the ownership, corruptions is not a question but a reality that will take place, I see your point and that is right, there are many private business owners who can cater this business allow them to own and compete with each other will guarantee a good amount of taxes. Just be keen in collecting all the taxes from those businesses instead of having one. It would really be that no sense if government would really be creating one.Just to have that main question on who would be the one to make use of revenue of the casino owned by the government? Where they do get those capital or funding from? Also to taxes? It would really be just no sense on creating one thats why government wouldnt really be that mindful on running one. Certain individuals or business owners are the ones will really be having consideration on running online casinos or physical ones as long they are paying correct or exact taxes then it wont really be creating problems in regarding on that matter. |
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That I'd rather choose BTC and ETH for long-term holding and consider altcoins for short-term. BTC and ETH were known for their profitability, unlike the other altcoins that as it goes long-term the price goes down. Yes, it was to see how the competition makes changes on its trend but most of all, these scam projects had a huge influence on why investors have lost faith in altcoins to hold, instead they sell them once seeing some profit.
In the long term there are some altcoins that might survive even if BTC and ETH go down. Don't you see potential such as BNB, SOL, XRP, ADA, MATIC and several other ltcoins that have good potential for the future. All altcoin prices do depend on BTC price movements. Some of the investments I made were 50% for BTC 20% ETH and the remaining 30% for some altcoins that have good potential in the future. Management like this is good to do, because you don't put eggs in one basket, there are still many baskets to be filled. Cant blame out that people would be most likely be focusing on BTC since its been sitting on the top of the market for a decade and hadnt been replaced without even minding about the probabilities for some market shift that we havent seen before thats why always take consideration when it comes to risk management and prepare yourself on probable things to happen. Hold when you do see that there might be some market change and does have potential and sell whenever you do see some greens or gains on your investment. Its up to someones decisions whether they would be selling or buying. |
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Many of us have experienced that annoying part several times and not just once because our greed level will increase with our victory. If we get wins over and over again, it will be more tempting for us to keep trying, again and again, to get that victory. This is where it is necessary to have good self-control so that we will not get caught up in gambling and get out on time. Patience also plays an important role in assisting us in playing gambling because, with patience, we can control emotions that can increase at any time.
We're very much confident when we keep on winning and that's why we're not scared to keep moving. It involves and affects the mental health of the gambler because he thinks that while hitting those bets with a win and luck, nobody can stop them from pursuing. Until everything drops and loss starts to come. That's the reason why we are always advised to know our limitations so we won't exceed too much. If we don't know when to stop, there's a huge possibility that we'll bet more than our allocated funds for gambling. Consistent winning might tempt us to bet continuously so we must be aware about our decisions and actions. We should not exceed beyond our limits despite the excitement that we feel. Always set out limitations not only on gambling but also in other things in life as well on which you should really be that having moderation so that you wont really be ending up on a disaster. You wouldnt only affect your financial but also your health whether physically or psychological which we do really know that it would really be a big problem once these things would be affected. Do everything in moderation so that you would be no problems in ahead speaking about financial specially involving with gambling which we know that this is really talking about spending up money and prone to addiction. |
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~ It may be hard to understand for most people in the world at the moment, but these days Bitcoin indeed is better than gold. There's nothing wrong with gold itself, it will always be worth something, but today it's overpriced big time, same as it was 10 years ago. Bitcoin, on the other hand, is now fluctuating around its new bottom.
For profitability reason yes we can say that bitcoin is better than gold but before we can earn with it we must have been more experience dealing with volatility since if we are newbie and been hype up with results shown on internet then maybe we will not like bitcoin at first try. This is why we need to think more and learn more before we enter because bitcoin is volatile and that add the risk upon trying to select this as investment. Learning and getting experience is never a bad idea, so I'm not going to argue with that. But don't you think that with Bitcoin it doesn't take a lot of learning to see that your investment is going to be profitable in the long run? What you describe is very important for day traders. Indeed, you can earn a lot with exploiting the volatility of BTC, and you can lose a lot too. But for the long term investors volatility is irrelevant. Its just common sense and if we do talk about stability then its better to deal with fiat or stable coins but we know the cons of it which it would be less for you to make money or profits. One of the things on why people do love to invest on something which does have potential on making profits via those movements and this is where people do get interested. We dont want stability and we dont want for the price on moving less because we cant really make out some money with that and this is what most people do love the most which its moving price and since it does have the potential then there's no doubt on making profits in the future. |
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I experience this all the way in a land base casino "Post-Loss Speeding", I will quickly bet higher on the next game, whether it's slot or card games such as baccarat. It's because of the frustrations of the previous results, maybe because I made the wrong bet or I'm thinking of doubling my bet in a slot machine or going down, and then that bonus happens. So frustrating and that I'm made that I will bet bigger to somewhat compensate what I have lost, but it is wrong, it's just pure emotions running on me for during that.
This is the exact problem most of us are having when it comes to gambling. Aiming higher after lose and this time with high level of confidence on winning but eventually lose more. I see this as a kind of possession that has captured almost all of us gambling and its abnormal to be sincere with ourselves. At times, I ponder why is it general? That's a martingale strategy right there, where everyone thought it's a good strategy but eventually it is not. A lot of gamblers are actually doing this, to make the lossing bets even. What if you keep lossing? Then guess what, you're lossing double or multiple times faster than your usual phase when you start betting with such amount. I've personally have done this many times before when I was still single and still have time and extra money to gamble. Sometimes it work, sometimes it didn't. But in the long run, we were the one's who really lost. When we are just still a noob then the most common strategy that we do might able to make use of and im guilty into this one on where i do really believe that i could really make easy profits on using this strategy but sooner or later you would really be busting up yourself on using this strategy or simply not really that worth.If you do know on when to get out when you are in greens then its good but if you do leave this automation for longer runs then expect that you would really be blowing up your capital in the most fastest way as possible. When losing then it would really be just normal for us to have that reaction which would really be sad and disappointed. |
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There are many people who are very interested in futures trading. I would like to give them a suggestion. If you have enough money backup then you can do futures trading. We know crypto trading is risky but futures trading is a place of bigger loss or profit. Here you can earn huge amount in instant and lose everything within shot time. So one should think carefully before join here. Just remember twice you can lose everything in a very short period of time.
Most of the people try to earn huge profit at a time in future trading without proper strategies and knowledge. Obviously enough market analysis, update crypto news and experience are needed to do it. You're right that it is a way to lose our all the money in a short time. We do all to have huge profits and this is where we do really consider out on touching up on things which is more riskier just like on futures or leverage without even thinking the risk level compared if we do make ourselves stick on spot trading.People cant realize these things first before they had made themselves been wrecked through futures which it is really normal but in overall if you dont want to lose money in fast pace manner then you shouldnt touch up futures first but make yourself that good with spot and then try to test out futures and find out if this one suits out on your taste or you cant just bare nor handle the risk involved with it. |
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Desperate but they don't have much choice but to close everything in their country to reduce and minimize the spread of Covid-19 even if that means that their economy and people living within doesn't have a job nor business to keep up with their needs because Macau is really dependent to their hotels and casinos as their country is really small compared to Hong Kong or Singapore.
Well, I think they have choices. To close the industry and forbid it from operating can't be the only alternative. Regulators can ask people to keep distance from each other, to avoid crowds and limit the number of people per building/room, fever tests can be done on the entrance of every commercial buildings, covid tests can be provided in abundance. Anyway, covid pandemic isn't the same anymore. I'm not a specialist, but for some reason that may vary from natural ones to vaccination process, people developed their immunological systems against the virus that has lost its potency considerably. Therefore I see no reason to impose another severe lockdown on citizens. Things are going back to normal now and this issue is only relevant wayback when pandemic is really on top numbers but now it seems that we are almost completely back to normal.It would be understandable that Macau would really be continuing despite of the condition since they do know on where they do get most of their revenue or taxes which is through gambling but of course they would need to follow health protocols for them to continue or wouldnt really be getting some issues or being sued out on worsening up the situation.They arent dumb not to know the current condition around but if it turns out that they could handle the situation then they would still do things on controlled manner. |
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And there is also an assignment, meaning not all claimants will get everything at the same time (cash or crypto). Going to be a slow process for August up to the end of the year or when all payments have been made.
And thanks to this kind of FUD, members are now well aware as to what will go down to this Mt. Gox repayment program if it has an effect on the market to put it below the last lowest low of $17,500.
Nothing new whenever we do have these kind of market sentiments then it would always be falling down into making it as a FUD but well we cant really deny not to presumpt that the market would really be having that decrease or some sort of dump considering that there's some sell-offs that would happen but whats next? We've been there for how many times and still standing strong after all the years of existence and people cant really just realize that let these things to happen. Its their coins and its their full rights on what they should gonna do whether they would be holding more or would be just getting on what they owned and sell it all right away. |
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Even the casino have done 1000+ good thing and gained the trust, but they can't resolve 1 bad thing, they're not trustworthy anymore.
I would also say that they are not trustworthy anymore since they didn't even resolve 1 scam accusations that is not just a scam accusation but a legit one. That's how a casino will start losing some of their gamblers if they didn't resolve 1 problem though as I have said that they will lose some of their gamblers because of that but still there's people who will gamble there even though there's one bad situation that a casino is in and I am sure that person will also stop gambling in that casino. A single scam accusation could ruin the entire good record of a casino site but to be honest, it will be hard to pursue that single complaint despite having proof and evidence because people will always defend and speak out for the reputable site. But it's still important to call out the attention of the accused site on this forum so they would be urged to solve and fix their issue. Not really, since this single scam accusation can be debunked by the users who have a positive experience with the Casino. Readers will always take the side of the majority when looking at the credibility of a Casino. Besides reputable Casino will always fix their error so if ever a reputable casino leave a single case like that, I am sure they will release a statement why they decided not to process the request or case of the single "victim". It would always go on majorities views and feedbacks because even if we do see some issues from other users but most people are really still trusting the platform then it would really be still remaining unless if the situation had been leaved unresolved and creating much doubts and noise then it might have the chance for it to become worst and if the majority would really be having that decision then this is the time that it could majorly affect platforms reputation and popularity thats why top platforms or companies do really resolved out immediate whenever issues been raised because its never been a good thing for a company to have thats why they should really be that attentive when issues been raised. |
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People like them are just trying to get attention with those predictions based on nothing, its hard to see still people are giving attention to them even though if it supports cryptocurrency still why we have to follow them and expect their prediction to come true?
Probably the tweet was made when the person is high, ETH will surpass bitcoin first then BTC will reach 1 million rlvery soon after that but then after few decades bitcoin will become the reserve currency looks too contrary right?
They are just predictions that also give courage to the crypto users. It is not necessarily that it must come to pass but if it comes to pass his predictions have come to reality. Not just the price that we have to monitor but the groups of our coins too, to see their plans and future updates if this is good or if this will affect the coin in a bad way. Watching the news not only in cryptos do also help because certain events can have an impact on cryptos. If we hold a coin and we think it's risky and then its price is also dropping, we don't need to wait longer before we do the right actions because there's a chance that the dump can go bad like price will drop really fast. On the other hand, predictions made by someone else can give encouragement only if it's positive and also it has to be realistic. This is why its really important that you should really be setting out goal or selling point because you would really be definitely missing up good opportunities for you to make profits if you do just keep on holding. Its not bad to have this kind of consideration of holding because we do know on what are the advantages on having this one but since this market is too unpredictable then there's no way that you could able to predict on what would gonna happen.Its true that being realistic should bare up in mind.Dont hope nor expect that much but still having those kind of targets and analysis in mind which would really able to help you up on your investment or trading career on crypto space. Stick on things which you do believe that it would really be relevant. |
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~snip~
Many respectable people put gambling, alcoholism and drug addiction on the same level because all of these activities negatively affect the human psyche in the acute phase. If you drink a glass of wine on Fridays or play poker, it does not mean that it will negatively affect your health. But you should always remember that any hobby that can grow into a habit must be controlled.
It's pretty much the same thing. That's how addiction is formed, you do something, get the dopamine effect, you feel good at the moment, and then in the long term you have negative consequences. ~ You have negative consequences in the long term only if you are doing it more and more over time. You don't mean that we should not be getting the dopamine effect at all, do you? The thing is that we cannot live without dopamine, and if we are getting some of it from gambling, then gambling is a good thing. But you can ruin any good thing by overusing it. That's what we always have to remember. Everything which is excess is really bad and you should watch out for that and with your actions which you arent really that dumb on not to foresee at least on what are the potential things that might happen ahead if you do really make yourself get involved and keeps on making bad decisions specially with gambling which can really cause up some addiction which would really be giving all the negative possible effects and outcome for a certain individual might able to face off.Play for fun and dont go beyond with your means specially on making yourself that rich via gambling because thats not how it works. |
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Considering rate at which hundreds of cryptocurrencies are flooding the blockhain space it seems digital currency is taking over the fiat. But the question now is how does one get to know the right crypto project to invest in?
There’s a lot of fake projects out there and if you are a newbie, its safe to say that you focus on the top list based on their marketcap, the good coins are listed their and you just need a few analysis before investing. Also, have a list of your own standard on looking for a good project, personally I look on a project based on their Security, network, usages and the services they offer to the public, if I see great potential with them, then that is the time for me to invest some and setup my target price along with my cut off price. If we do consider on how many projects in the market If we do consider on how many newly launched projects in the market If we do consider on how many low-cap projects If we do consider still on ICO projects Then it would really be giving out that vibe where we are really that confused on choosing the best one. So i could say that choosing project does really need some mix of luck because even good projects doesn't really successfully able to get enough support. |
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Myth 10: Teens Don’t Gamble, Only Older People Gamble
>> Fact: Gambling is a bigger problem among teens than it is in adults.
This fact must be accompanied by more comprehensive research. I think every country will have a different level of problem with gambling be it teenagers or adults. However, it is undeniable that bad behavior of teenagers such as drinking alcohol and smoking increases the prevalence of gambling among teenagers. This provides further evidence of the need for greater awareness of gambling behavior in early adolescence. parents play an important role in guiding and providing sufficient knowledge about the dangers and impacts of gambling, especially online gambling. By the way, it seems to me that modern children are less prone to gambling because they encounter it early (in different games where loot boxing mechanics and other "random" events are implemented to extract money from the player) and having a negative experience bypass it or are indifferent to it. Teens are more susceptible to gambling now more than ever. They have easier access to gambling platforms and usually have the money to do so. Also, with gambling streamers becoming more and more popular, teens are getting the wrong idea about gambling which they think as a way to get quick and easy money. Loot boxes and similar things embedded in online games that they play are a start, and eventually they'll move on to bigger things like actual sports betting and the rest is history. When it comes to accessibility then there's no doubt that youngsters nowadays are really that more prone to gambling from social media to youtube videos and other various platforms which could easily be seen thats why proper guidance would really be needed on the parents side if ever they dont really like for their kids to get involved on gambling without knowing. Gambling intent would really become bigger and bigger as it would really be getting going or remained not discovered but actually it is really on self will whether you would pursue on playing or would be dealing on a controlled manner. |
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Cryptocurrencies are considered a risky investment and that includes bitcoin. Bitcoin is still very young, although we believe and the rate of development and price increase of bitcoin in the future is great, we cannot completely rule out the possibility that it will collapse or disappear for some reason some. As we said, no one can predict what bitcoin will look like tomorrow. So you should only invest with the money you can afford to lose, do not pledge or sell all your assets to invest in bitcoin.
Not only crypto, but most investments are also risky. No investment has no risk, it is impossible. Anyway, I disagree that Bitcoin is very young, it already survived more than 10 years. Bitcoin has proven that it potentially survive a long time because its adoption is growing massively. Sure, nothing lasts forever, Bitcoin has a chance to collapse. But since Bitcoin is already an important part of our life, and even there is a country that makes it as a legal tender, we shouldn't be too worried about the possibility of Bitcoin collapse in the near future. 10 years is not a short period of time, but if you compare bitcoin with other markets like gold, forex, stocks, bitcoin is not only young but also very small compared to the rest. That is why bitcoin is considered a riskier market. Yes, with pretty fast development as it is now, I also believe bitcoin will not crash anytime soon but there is no guarantee for bitcoin. So we have the right to confidently invest in bitcoin but always keep yourself a plan b, don't invest all your assets in bitcoin or put all your eggs in one basket, diversification is essential. When you compare the overall marketcap then it is really just too small which it does indicate that there's still soo much room to grow for Bitcoin or overall crypto market which we cant really able to ignore. Investment decisions and being serious on having multiple market and assets to be hold for long term wouldnt matter whether its bitcoin or other stocks or even gold as long it could potentially bring up profits then this is what matter the most.Hold your bag while you can and decide when to sell out if you do see significant profits which is worth to make such decision. |
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all can be manipulated as if they always win and get a lot of profit. even though it's just a setting for promotional purposes, because some streamers are indeed one of the ambassadors of a gambling product. can be seen from some of the ads that continue to run. Any betting records are unreliable, I don't think the streamer himself has ever played for real money on a promoted gambling site. he only gets paid for the promotions he does.
Yes, everything can be manipulated, including the money used by the streamer because as a promoter promoting that casino, he may get a bonus or extra money for playing so he can show his followers to play with him. This strategy sometimes works, sometimes it doesn't work depending on who is watching the video and if the viewers are people who are not affected by such videos, he will of course, just skip it and will not follow it. I guess there may also be streamers who actually use real money on gambling sites, but we'll never know the truth. Well never know the truth behind specially if we do see that a certain streamer do make out big bets then it would really be coming into our minds if those funds came from sponsor or just purely came from their own pockets which it is really unlikely because these streamers is doing their job to earn money and not to spend that much on the gambling platform itself.Its not really worth thats why its normal for people to make out some presumptions that it was sponsored and not theirs even on talking about being rigged or not fair would really be included on someones presumptions. We could really expect the rise of these streamers not only focusing on gambling but also in other industries as well. |
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Why aren't people utilising cryptocurrency payment methods? Without it, the adoption would never be able to realise its full potential.
The crypto payment industry is continually growing. Nonetheless, recognition is not at the top of the list. As is customary, there are Bitcoin maximalists who refuse to spend their cryptocurrency on things.
Some people, however, are taking advantage of the cashback chances offered by cryptocurrencies and cryptocurrency cards. I realise that cryptocurrencies and blockchain are only a small portion of the public, but why are those who are currently interested not using bitcoin for payment?
So, do you use cryptocurrency or crypto cards? What are your thoughts on it if you use it? If not, what's the deal?
We will get there soon, just waiting for everyone to finally get interest in bitcoin and other cryptos and start to own them. For the meantime, while bitcoin is still giving us good opportunities to earn and gain, then what’s the use of spending them. If we are looking forward to make profits, spending it and using it to pay for our needs is not necessary when we can use fiat as payment and save bitcoin for future gains. 1. Regulation 2. Volatility 3. Lack of awareness 4. Still observing These are the things on why we arent seeing about full integration of crypto payments into most businesses which is indeed a fact. We do see the advantages but we arent that blind on not to notice about the con's and this is where most business owners do really mind off or really been concern of. |
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Money management in gambling is kind of hard to handle but I have this rule: No matter the situation of my losses, never borrow money to gamble just to gain back what is gone, it doesn't usually end well with that kind of thinking, the moment you borrow the first one, that is the beginning of your problem in gambling, you will always have the urge to borrow anytime you lack money or loss to gambling. It is very easy for me to handle because I don't have percentage allocation to gambling, if I exceed my maximum cap at a loss for that month, I end it there,
Money management Emotion handling Self awareness If you do have these traits then it would really be hard to make yourself get attached too much or losing that much money in gambling since you do know on what you are doing and you do know on when to stop and when to play depending on you. Loss threshold will vary since we do have different status in terms of financial status thats why it would really vary. All of those traits will be develop once you became an experience gambler since if you are a newbie for sure you will never have this traits as you are easy target for the hype made by certain influencers,promotions and various offers which can attract you to hope that you get big gains from what strategy you do. And sooner once you realize that you are losing to much then that's how they set their own threshold. You cant have everything when you are just starting up or newly dealing up with something that you havent done before which is just common sense.You would eventually able to acquire these things when you do have the actual experience and awareness about on these things and able to find out and realize for yourself that you should really be doing things that will really make you avoid on getting losses that much in gambling.If you are really that willing to spend and lost it all then go ahead but always set out limitations because if you dont set out limits then you would really be having much bigger problem later on. Always set limits or border line on how much you could maximumly spend and wont compromising other things. |
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-snip-
Some people aren't learning or maybe it's just their first time in the market or their first time hearing someone promising them that they will earn big by joining those crypto signal group. It's not their fault though why they've been fallin victim by those scam group but I hope doing your own research will be teach in school or somewhere so that we don't have to keep on telling them that this is what they should do in terms of investment or so. It would be a very big help to almost everyone to avoid from losing big unexpectedly. Exactly, they are driven by their ignorance and lack of understanding about trading (especially futures trading) but want to trade because they are tempted by high profits (as shown to them). In fact, they are trapped in the environment in which many other newbies are also in the telegram group to wait for the signal shared by the administrator of the group. Btw, most signal is shared after the admin itself take profits, so who will guarantee that after that the signal is still working? None, none will guarantee. But once more, newbies sometimes will not care about this, they only focus on their eager to get profits without willing to learn. So bad, but this really often happens. sometimes, when we are saying about "learn and analyze by youronw research" to certain newbies is like saying to no one, because we will not be heard.  Most people specially noobs do easily get hyped or interested with futures is on when they do see someone do able to make big money with it and they do tend to believe that they could also do that and thats why they would be in hurry on doing also the thing and then when reality slapped into their faces then this is where they do realize that this is something wont be that easy and very risky to be done. If you dont have sufficient skills and knowledge towards trading then you would really be finding yourself on a big problem yet dealing with extreme volatile thing isnt really something easy to deal with. Crypto signals are shit because those people are just speculators too and its better to trust your own analysis and learn along the way and never ever find yourself to be relying into those groups. |
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Money management in gambling is kind of hard to handle but I have this rule: No matter the situation of my losses, never borrow money to gamble just to gain back what is gone, it doesn't usually end well with that kind of thinking, the moment you borrow the first one, that is the beginning of your problem in gambling, you will always have the urge to borrow anytime you lack money or loss to gambling. It is very easy for me to handle because I don't have percentage allocation to gambling, if I exceed my maximum cap at a loss for that month, I end it there,
Money management Emotion handling Self awareness If you do have these traits then it would really be hard to make yourself get attached too much or losing that much money in gambling since you do know on what you are doing and you do know on when to stop and when to play depending on you. Loss threshold will vary since we do have different status in terms of financial status thats why it would really vary. |
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At that point, some of the questions that came to mind were, at what age did he start learning about bitcoin? What role did age and prior experience play in helping him learn about bitcoin and cryptocurrency? With his current knowledge about bitcoin and cryptocurrency, does he wish he started at an earlier age?
Actually, we know about bitcoins and none of us knew of them since childhood because bitcoin was introduced at a later stage of our lives. However, the important thing is that we give awareness of bitcoin to the new generation, especially to the children. No one knows on what the future holds just into those times when internet has started and same goes with bitcoin that no one expected to reach up this far. Age doesnt matter because its just common sense that on the right time and right awareness then someone would really able to know it but external information and awareness does help. Speaking of my age then it was 5 years ago and im 20.Yeah its a bit late but its better rather than on missing this stuff with few years.  |
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