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1461  Economy / Gambling discussion / Re: How do you get over a bad loss? on: October 24, 2022, 06:12:32 AM
It's never easy to move on from a loss, most especially if it was a big amount on your end. It will be hard to accept and you'll have the feeling of in-denial at first and eventually regret. We all make mistakes, we feel emotions depending on the situation we are in, and that's all totally normal. But first, to be able to fully accept a bad loss, you need to acknowledge first that you lost. You have to accept it and from there, start assessing yourself from where you went wrong and how did it happen so that in the future, you won't make the same mistakes again.

We have this ever famous saying that you should only bet what you can only afford to lose. If you followed that, it will be much easier for you to accept the loss because the money you spent is just a spare. But if you didn't it'll be a hard to swallow. Just learn from it and control the situation the next time around. Don't ever think of chasing winning because that's how you'll end up losing so much more than you'll ever notice. Grieve, breakdown, accept that it already happen, remember the lesson it taught you, then move forward and use that lesson to do much better the next time around you'll make a bet.
1462  Economy / Gambling discussion / Re: Two Gambling Stories on: October 22, 2022, 02:56:17 PM
In the first scenario, I assume that the girlfriend didn't know her boyfriend used her money just to gamble. In this setup alone, you can see that there's only a little sense of trust and respect between them because her boyfriend didn't bother to tell her he'll borrow money and use it for gambling. It's the girl's money, and as a sign of respect to your partner, you should ask permission first before making any move about what's not yours to spend. This is why I believe it's fair and just to meet halfway with her girlfriend. Settle an agreement that's not too big and burdensome on your part if you recognize her as your support system. Afterall, you won't be able to win if you don't have the money to bet in the first place. I just find it somehow greedy that the girlfriend demanded a specific amount which is 40% of his winning because it should be up to the guy to give her a token of appreciation. I guess they just lack communication in money matters. Which is perhaps the reason why the boyfriend stole instead of letting her know.

In the second scenario, I wouldn't really give up the half of my winning to my boss especially if the money I used to bet came from my own pocket. Being a boss demanding half of the prize you didn't win, didn't give a share to the bet made, and didn't really do the greater job to make the winning happen just displays pure greediness. If you guided your apprentice to make a bet and you did it wholeheartedly, then you shouldn't expect anything in return. If your apprentice happens to win, it should be up to him whether to give you a portion of his winnings or not. It is unfair to give someone half of your winning prize especially if they didn't contribute that much. You deserve to enjoy your prize. Other people's feelings is not your responsibility.
1463  Bitcoin / Bitcoin Discussion / Re: Is Bear Market More Important Than the Bull Market? on: October 22, 2022, 11:00:06 AM
To make it simple, bear market is a good opportunity to buy Bitcoin and the bull market is a good opportunity to sell Bitcoin, so yes, it is good for beginners, as long as they know exactly what they are getting into. It is normal for its price to go up and down because of what's so called volatility. Bear market is really important because this is where most of us will be tested, patient is a must.

It is important also to know what bear market is so that you will not panic and will just patiently wait while other are doing panic selling.
1464  Bitcoin / Bitcoin Discussion / Re: Can you choose cryptocurrency as full time job? on: October 22, 2022, 09:58:49 AM
I've been on the cryptocurrency world since 2016, when I was still a college student, I'm a drop out and went full time ever since, but every bearish season I always look for another way of getting an income so that I will never touch my coins in my wallet. Getting a couple of source of income will prevent you to sell your crypto in this kind of market, that's why you should also know how to do sidelines.
1465  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency and Gambling on: October 22, 2022, 08:58:51 AM
Cryptocurrency is much better than gambling, because it has more chances of giving you profits than risking your money in gambling. Buy Bitcoin now, hold until the next bullrun and you'll get profits, while if you start playing gambling now, your money won't be able to last until tomorrow, that's for sure. Cryptocurrency is a lot more easier than gambling, if you'll only do spot trading, buy low sell high.
1466  Economy / Trading Discussion / Re: Bitcoin 2018 Vs. 2022 on: October 21, 2022, 12:35:54 PM
It has already started when we've seen the quick drop coming from the ATH. However, you can see the huge difference from this year to 2018.

This wasn't as bloody hell as 2018 and this year is like setting a high low if you get the idea of that. We may go through again two to three years of dealing with another bear market until the bull run comes again.

Like it was in the past, many folks have learned their way and lessons for this recent bull run and they'll apply it when it's come again.

Exactly.

I don't think we will go down to $3,236 per Bitcoin again this year or next year, let's hope so since the market is very unpredictable. The last all time high was around $68,000 per Bitcoin and we're really far behind right now, so I don't think it'll go deeper passed $10,000. It's just playing in $20,000 and $17,000. Many people are panicking but what's happening right now is completely normal.
1467  Economy / Trading Discussion / Re: Is it possible to calculate how much the price of BTC? on: October 21, 2022, 10:03:35 AM
You can calculate it but you will not get any correct answer, because no one can accurately predict the price of Bitcoin tomorrow or for the next 10 years. The only thing that is gonna happen for sure is the new coming All Time High after the next halving, if I'm not mistaken. Technical analysis could help you a little to get a hint on what price to buy and to sell.
1468  Economy / Trading Discussion / Re: Leaving your coins on exchanges on: October 21, 2022, 09:12:37 AM
What effective way you use to protect your coin as a trader?

I only trust the exchange where I do trading, besides if I'm not mistaken, all of the money that has been stolen will be replaced by the exchanger where you are trading, if your wallet has been affected (correct me if I'm wrong). Transferring coins from a certain exchanger to your personal wallet everyday is hassle for me, that's why I only keep a certain amount of cryptocurrency in a certain exchange, an amount I can afford to lose just in case it will be hacked or something.
1469  Economy / Economics / Re: Education on: October 20, 2022, 12:42:36 PM
Being literate is important, that's the basic, but getting a diploma or a bachelor's degree is not. What I mean is, even if you don't finish your education, you still have the chance to make your life the way you wanted it to be, work smart, not hard. It's true that most of the cases, working 8 hours a day will not make you rich compare to those people that chose to start a business or became a freelancer.

Having a degree and a diploma is only a traditional mindset nowadays, because it's not true that after you graduated on college, you'll gonna find your dream job that pays well, that's a scam.
1470  Economy / Economics / Re: Business failure among small-scale entrepreneurs on: October 20, 2022, 11:16:32 AM
The business world has become very competitive and in order to remain alive in the business for a long time, a business owner needs to be very proficient in many things, hard working, smart enough, financial capable and always keep his/her eyes on the customers.

There are two very important elements that are crucial in running successfully any business. First is the strong business idea and the second one is all about marketing and management skills to be able to keep customers/clients interested in your business. If you are thinking of starting a business, it is good to have a strong business plan that includes all the necessary aspects of your business such as: market research, competition analysis, finances, marketing plan etc. To increase the chances of your business succeeding, you need to ensure that you are constantly updated with current business trends, educated enough to know all the possible market shifts and you must be able to make most informed decisions.

I agree.

Running a business is also like growing yourself, you need to grow by accepting new ideas, accepting other's opinion, and accepting the fact that you need to continue improving your business in order to make it alive and competitive to other businesses. It's all about getting out of your comfort zone, thinking out of the box, because a business that has no goals will never be a successful one.
1471  Economy / Gambling discussion / Re: Will you be influenced by your favourite celebrity? on: October 19, 2022, 02:57:37 PM
One should know what's right from left, good or bad advantage and disadvantages and should not let what people say or do control you.
I know this will be all about Drake also know as Champagne papi who lost the bet as a result of Barcelona failing to win that game.
What he does can't move me at all as a gambler one should be focused on what gives him money at all cost.
That have had to do with a little agresion into the game next

It's true we shouldn't let other people take advantage of us and follow their lead blindly. The first question that comes to mind when I see more and more celebrities post their gambling slips online, if they are being paid for it. It could always be a marketing campaign by the casino or bookmaker to promote their company. Millions of people are following the celebrities on social media and might be convinced to do it themselves. With Drake we already know he likes to gamble and posts his bets regularly and of course it fits to his lifestyle of being a rapper. Another thing is these huge betting slips look cool, but we always need to bring them in relation to their total networth. For any normal person these are insane sums, for a celebrity it's only pocket money. That is also why we shouldn't be betting large sums of our money only to follow a celebrity on twitter. They are probably not so heavily invested like us in the bet and don't feel bad if they lose their bet, whereas for us it could ruin everything. Also celebrities might not have any additional information and their bet is probably based on gut feelings, so they don't give us an edge for making a quick profit.

I agree with this.

We should be responsible for our own actions. Basing our decisions solely on what we see and feel might really cost us a lot later on. If we are not going to be vigilant, then probably we'll also fall victim on too good to be true opportunities. I have the same mentality everytime I see a good feedback about something. I always think if they are being paid to give compliment and good reviews about the product or the experience. This is why I do my own background search to satisfy my curiosity.

Although there are some celebrities that put a disclaimer in their post whenever it is sponsored, but not everyone do the same, so sometimes I politely ask about it including the cons if they experienced any. And if they won't response, then I'm going to do my own thing which is to verify the information provided to see whether the claims are all true or just made up. It's not really a bad thing to be meticulous. In fact, in can save you from so many troubles, so we should all learn how to properly distinguish which is true and which is fake or paid.
1472  Economy / Gambling discussion / Re: Good crypto casino comparison site on: October 19, 2022, 11:24:46 AM
An interesting approach to the list of the best casinos under consideration, from which we are offered a list of five online casinos that simply move along the leaderboard depending on which tab of the site you go to, why not just call sai the 5 best online crypto casinos.

This can be done to avoid being a victim of false review sites.

Getting the top preferred casino sites that legit players are playing on can help you narrow down your list. The top casinos in the leaderboard can be your guide on what you look for and which you will background check that is worth your time because it is reputable. But of course, you still have to countercheck all of the information provided so that you won't be shocked by the features and game variation as well as the processes inside that casino platform. Reading here in forum could definitely help too because there are different kinds of players here which can give you a true feedback about the casino they already played. Just make sure to check as well the credibility of the member to verify their statement.
1473  Economy / Gambling discussion / Re: Split the prize or Reroll? on: October 19, 2022, 10:18:46 AM
Let's say you join a give away with other user and both have to select a number between 1 and 10, you go for 7 while he goes for 9. The winning number is 8.

If the prize is 0.1BTC what would you do? Split the prize and walk away with 0.05 or Reroll to gamble for the full prize?

I say it depends on the situation but judging the said scenario, I'm already lucky to win half of the prize and re-rolling it again doesn't guarantee that I will walk away with the full prize because my chances aren't that great too. Plus, in my situation, that kind of money is already huge as it would take me few months of labor just to have that amount.
If you are living on a country which dollars is really indeed valuable or high then you would be basically be agreeing on split and would already ensure that you had the money rather than on making yourself fight on

having a re-roll just because you do believe that you could get the entire amount on next roll which is really indicates that you are just being too greedy.

Well, everything would be depending on the organizer if ever they would decide to split up the prize in half with other winner or simply re-roll just to have that 1 winner.

I don't think its being too greedy.

If the terms of the roll states that the exact winning number would take home the prize, then there should be no negotiation. You have to follow the rules to be fair to other participants as well. But if it is stated that there will only be one roll and if the winning number wasn't anyone's number or bet, then the nearest numbers could divide the prize, it will be a win-win for the two players.

0.05BTC is already big for other people and winning that could already mean a lot to them. Hence, they will agree if ever they are in the position. And if ever a rule is already stated, they can't really request a reroll and just take up the 0.05BTC as their prize.
1474  Economy / Gambling discussion / Re: High roller looking for KYC-FREE casino on: October 19, 2022, 05:34:08 AM
You will have a hard time finding a casino that requires no KYC for you to play. Most of the casinos now require verification of their client's identity because of the regulation imposed by the government due to unusual activities that are rampant nowadays. Hence, you'll really have to abide to their protocols to successfully create and account and enjoy the features of the casino site.

While there are also casinos that do not require KYC, but they are now very few because KYC has becoming more of a requirement already. You can still find some, but the casino features are limited and the games you'll be able to play won't be much in variety too. If you are specifically looking for high roller like what's written, I suppose you'll have a hard time too because most of them are requiring KYC, if not in the very beginning of the process of making an account, it will be the moment you decide to withdraw your winnings. Be careful for those who claim that they have what you're looking for. Always do a background check to make sure.
1475  Economy / Gambling discussion / Re: Good crypto casino comparison site on: October 18, 2022, 02:30:20 PM
I would advise everyone to take "comparison" or "review" sites with a grain of salt.

As some of you know, these review sites function, just like any other business, on a business plan. A plan on how to make profits and create partnerships. These partnerships could include selling positive reviews for a certain amount of money. In such cases, there can be nothing said about the actual review/comparison of the site as the site itself is only an illusion of a review site.

I am not sure about OP's website but the best thing to do is to review comments and ratings from many authentic people. Like well trusted and old members of the bitcointalk gambling sub-forum. They will be more than happy to offer you advice on which sites are better than others. In fact we even made a list of crypto sites and their comparisons (see upper posts). So trusting review sites for crypto gambling is unnecessary.

So topics like these are unnecessary and very sketchy. I would avoid anyone claiming to offer such services, especially if they have a bad /no reputation on this forum yet.

I agree with this. A site pretending to be a legit review website is rampant nowadays. These kind of websites have fake reviews in it with nothing but good words to endorse the casino that paid them to do so or is affiliated with them. Most of the review sites there is have a fake review content because some people are being paid for writing good reviews and feedback to boost the casino's entry players. If you happen to stumble upon a website that is full of reviews from dummy accounts or accounts that holds no credibility, doubt already. Otherwise, you'll just end up being a victim if you will believe what's written in it.

If you consider yourself a responsible gambler, background checking is a must. You won't easily believe review sites that don't have a credible background and reputation to begin with. Discerning which is true to which is not will be easy to you because you are used to double checking information in the Internet, in the forum, and through reliable personalities.
1476  Economy / Gambling discussion / Re: I find way to win on dice on: October 18, 2022, 10:12:28 AM
Do only 50% bet 20$ every time if it fails do 60$ it fails do 150$ if it fails do 350$ if it fails do 900$ if it fails do 2300$

There is no way you will fail 7 times and if you do just increase the bet and you will get it back eventually even if you wait 12 times.

what you think on my method?
this method will only drain your money quickly even it seems that this method requires a large capital if we start from the first bet of around $ 20, maybe if we start from the first bet number of around $ 0.1 it will save more, but are you sure with 7 dice rolls or 12 your dice spin will win it, I once did a dice roll almost 20 bets didn't win it and it's on auto bet so draining my money, that method can only be used for rich gamblers

I agree. This is the best way to lose money. If you don't have the capacity to do this, then don't. You'll just regret it because impulsive betting means losing. The moment you bet on something already unguaranteed because of the risk and probability then also combine it with stupid method, you're most likely to fail and experience disappointment.

This risky approach could get you anxious and even resentful afterwards the moment you lose big or perhaps almost everything you bet on. Losing streak could happen. It isn't impossible, so having this strategy is seriously dumb, unless you don't worry about money because you have so much to spare.
1477  Economy / Gambling discussion / Re: Split the prize or Reroll? on: October 18, 2022, 08:39:38 AM
Foremost, what is the terms and conditions of the casino you are playing with? If the casino has set their TOS telling that the player holding or made a bet on the actual number rolled will be the declared winner, then that would be followed. Otherwise, if it is stated that the nearest number could claim the price after the roll and divide the winnings, then the 2 numbers next to the rolled number could get home the price for that roll.

But since the number 8 is different from 7 and 9. The agreement between players holding 7 and 9 to divide the price won't suffice because the TOS must be followed by all participants (assuming that the TOS states the first scenario I mentioned). And definitely, other players won't be happy either with that kind of setup. They'll probably prefer to have a reroll instead of division of prize because they might have the chance to win if ever the reroll will land on their number. Personally speaking, I would like a reroll too for fairness of the game.
1478  Economy / Gambling discussion / Re: Crypto Casinos vs money laundering. on: October 18, 2022, 07:15:39 AM
If we end up in that situation, and we want to continue playing on the site, or maybe our withdrawals are being held, there's no choice but to comply with KYC.

If after complying with the KYC and still, problems are still there, that's a different story now.
so, the conclusion is hard to laundry the money using a casino because they will ask KYC if find something weird and big money in a transaction. So, a question is, if we use a bit, under $100 or minimum requirements withdraw and KYC, is they still asking it?, if not, that possible the money launderer will be gradual withdraw the money.
i think there is another solutioj for kyc , remember rich man could pay someone for doing anything. I heard alot rich man save their assets using their office boy name or someone else. Money laundry could do by various strategy, and casino could be one of them. Passing kyc in online could do with our friend name or someone.

This has a probability to happen. If someone is determined to launder money, he will definitely find a way to do so. After all, if they initially have the money to launder, they sure have other resources to find their way out such as paying someone or bribing the platform itself.

Assuming a person is rich enough to launder money and has the power, laundering money will be an easy task. Avoiding taxes is one of the reasons why they do it. Another thing would be non-declaration of money source. Using another identity to put up an account for your funds could be an option. Just like you said, they can easily hire someone to open up an account for them and place all the money there without other people they know of, being suspectful of them. They can also make a ghost account using other people's identity by infiltrating the system or bribing the people working there to manipulate or make an account readily available for them. There are really so many ways to launder money in different platforms if you just have enough means. Which is why the security should be tightened, in general, to determine these kinds of illegal activities. KYC is one thing, and they should probably add other security measures to ensure that the casino is safe and is not tolerating fraudsters. This will be a minus points for those who don't like KYC, but it's becoming more and more needed these days which is why I can't really blame the government for regulation since there are many unusual activities happening in some platforms involving finances.
1479  Economy / Gambling discussion / Re: Will you be influenced by your favourite celebrity? on: October 18, 2022, 06:41:20 AM
Personally, I won't be influenced that easily by my favorite celebrity to try something new or even to try some things I'm interested with. I will still conduct a background check to know if it's worth the shot before I actually engage to it. The celebrity's influence might make me curious, but it won't suffice. I'll still have to do my thing which is gather information about it and see if it will be worth my time and money.

When it comes to gambling, a person must have a credible personality first before he'll gain my attention. Having a good reputation and credibility of the endorser about gambling can make someone's confidence boost to try it too. If someone is known to have a good reputation as a celebrity and a great record of being a responsible gambler, it might be a positive sign. Because you will be curious why that person is endorsing a certain gambling website. If someone as good as he is, is supporting and working for that casino site, then the reliability of the casino must be good. That will be the analogy of the people especially the fans.

Perhaps some bandwagons would join too, but that would be up to them. Afterall, there are people who are easily impacted by small things. Some prefer to join the hype and some prefer to support all the way through their liked personality.
1480  Economy / Gambling discussion / Re: [Survey] Do you still play or stop the game? on: October 18, 2022, 06:04:15 AM
This is really the typical scenario in gambling. Many people do not know how, when, and where to establish their boundaries. Some fail because they got too caught up with the satisfaction it brings to them. Some enjoy so much to the point that they no longer budget their funds and just spend continuously because it gives them the thrill and joy. While some fail to limit themselves because of the enticing winnings and profit they can get if they continue playing. It depends on what type of gambler you are and what keeps you betting. But both have the same fate because of impulsive betting - losing.

A lot of people are careless and perhaps naive. Most people are controlled by their emotions which is why there are many situations that can be prevented, but happened anyway such as being addicted in gambling and losing money. If only people are educted enough about financial literacy, gambling too much won't be in his vocabulary. Going beyond your allocated budget for gambling just because you won big time during the initial stage won't really be an enough excuse to gamble more. The potential winning won't really be worth it of the uncertainty especially if you already spent your chances and money intended for gambling.

People like you easily fall on the trap of continuous cycle of gambling despite its repercussions because you are being blinded by the profit that isn't guaranteed. Blinded by the happiness it might bring despite the possible bad effects of gambling to your financial aspect and overall well-being. Remember, anything too much is dangerous. You shouldn't indulge in gambling because it is risky and addicting. You should only bet what you can afford to lose and learn when to continue and stop for your own good.
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