I would assume you would like to find ways to earn money that are of course related to cryptocurrencies otherwise you wouldn't post your inquiry in a bitcoin discussion forum. I would highly suggest you learn how to day-trade as it offers you the quickest profits in terms of trading. If you're open to reaping the benefits after a while, then you can study the market itself and determine which assets would be best to hodl on your wallet for a while. Otherwise try to learn a skill or work on a talent that you already have, and capitalize on it. I personally have a knack for writing stuff so for a while I worked as a freelance writer. I'm not saying you should try to write too, but giving you a bit of an idea on what you can do. Before we talk about freelancing, someone must have a set of skills that they can offer to their client(s). But if you are not well fitted for the job then don't do it you might as well embarrassed yourself if you have no courage to finish the job. Someone must have at least an experience of what they are going to do so they will do their job right.
And as of OP that has a vast experience about computer, he might as well freelance it if he doesn't have any stable job yet. Better harness those skills that we are good at so it better pays off someday.
I mean if you're looking forward to working freelance, it's given that you should have a competitive amount of skill on a particular field otherwise you wouldn't have a chance on getting hired. Vast experience would also most of the time equate into substantial amount of skill for the client, so even if you think you're still not good at let's say writing, long as you have been writing stuff for a long amount of time, like 2-3 years per se, you should be good to go. |
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As the automotive industry transitions to cleaner and much more efficient fuel sources, Gas type cars and races that follow these types of automobiles will be a thing of the past, so formula E is literally going to be the future of car racing. The latest trend is to make sure that humans produces less waste as much as possible and Formula E cars being powered by electricity is just the perfect form of entertainment for this growing amount of woke individuals. There's only time until the automobile industry completely switches into electric vehicles and by then everything will change for racing. Thanks for the plug. Been very busy lately that I forgot to watch these exciting games. Although of course I have yet to encounter a betting firm that bets on these races. But if I do, I will put my cash into good use. I would also agree with you exclaiming how emotional and adrenaline-fueled electric races can be. Most people misconstrue electric cars as slower than their gas variants when it can never be farther from the truth. |
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There is a lot of important knowledge and disciplines you can learn from studying the concept of finance and economy. The best thing about this is that you can easily apply these learnings in multiple real-life scenarios that is not specifically tied to monetary and financial purpose only. Most of all, learning such important skill allows you to not be one-upped by people who are eager to make a quick buck out of your gullibility and lack of proper knowledge such as hackers, scammers, and the likes. Everyone acts as if the whole world is filled with people who are smart and rich. Yes there are smart rich people but there are also tons of idiot morons who are rich because their father was rich, and there are tons of smart people who are not rich neither.
So, I have to say that it is definitely not true that wisdom brings money, for many that is not right. I mean Trump took a whole wealth that his father left him and build an empire of bankruptcy and people STILL think he is a good business person, believed him for the past decade or so. Which is why I have to say that you do not have to smart to be rich, there are a billion examples of this going around in the world.
I would say that being rich would need a lot of luck and some skill. This can be said for some of the world's richest people out there. Most of them pitched their ideas at a very pivotal time where they do not have to break the bank so much creating such wonderful ideas, while also creating brilliant ideas and projects which I do not need to elaborate, would require some skill, if not a lot of it. So yes, circumstance will play a part in your success but it shouldn't be a limiting factor for you, unless you're impoverished and you couldn't even afford to save some of your money for the sake of creating a business model. |
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I find it easy to control myself after a couple of losses. I think that's because for me stopping further losses is generally much easier than bagging wins especially in a gambling setting. Naturally, the smell of victory will rile anyone up and will inspire them to spend more in hopes of bagging more wins in the process. This seldom works according to plan so it's always important to set some boundaries for yourself for situations such as winning and losing. This way you can secure your wins while avoiding losses as much as possible. One thing that worked well for me was the 3 wins 3 losses strat. Wherein if I get either 3 wins, or 3 losses for that day, I will take a rest and spend the rest of the day doing something else that isn't related to gambling. Why are most questions in these gambling discussion boards are being repeated?
I think I have seen the same question before and got deleted. Now, here it is again.
Does the signature campaign of OP require them to post new threads to gain their payments?
Let's get real. This ain't healthy anymore if we are like defective tapes repeating the same answers from the same questions that were just input in a different thread and jumbled phrase.
Some questions that you say are already answered gets covered by newer topic and since there is no efficient way to find a specific topic and a specific thread where you would like to find the answer, some people like OP would just post a new thread under the same thread. I also see more updated and insightful answers even if the topic is "repeated" as you said which means that this thread is still going somewhere. |
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You could say you're spot on with the analogy you made on how similar the 1971 announcement was to the current hate bitcoin receives from the government of all sectors. It is made clear that banks are antagonizing on bitcoin because they will literally rid themselves of their old ways which includes the corrupt practices they can usually get away of. With bitcoin they cannot do these stuff so it's onto them to hate on it. Undoubtedly Bitcoin gives much more profit than the money deposited in the bank but in fact Bitcoin is not more secure than the money deposited in the bank. But you will not get any document for bitcoin transaction The bank will provide you with documents for the deposit.
Documentation is easily provided through receipts and tracking addresses that you are given after each successful transfer, I do not know how you were able to miss such an important detail that could help support or debunk your argument. Bitcoin isn't here to make you rich or something solely meant to make a profit from. There's solid proof that bitcoin could cause a paradigm shift and allow for a better currency system than the one we were given right now |
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Also read somewhere that starvation in NK is so bad people use drugs to alleviate the hunger and redirect it to something else. Just mind-boggling to think about how things are going in NK when their supreme leader gets fatter and fatter by the day. I think we're all well aware of the shoot-to-kill order if you ever did try to cross the border which sucks. Communism never works in practical applications no matter how good it sounds on paper. Thanks OP for these threads. While the description of situations in NK may seem hard to believe for some of the pragmatists, I am quite sure that a set of leaders who are capable of planning murder of brothers and blowing people with artillery, can very well create these conditions.
Quite a few apologists of communism in this thread too. Maybe it is just a reflection of the CCP puppets going around on the forum these days and just an overall reflection of the Chinese methods of trying to control narratives through seemingly honest opinions. Yet, anyone with half a brain will realize that Communism can NEVER work. Like NEVER.
By its very definition, communism means that the "means of production and property" is owned collectively, in this case, by the state. And who is the state? There is no "collective entity" called the state. It is a bunch of individuals who rise to the top in the name of equality. Whether its Lenin, Stalin, Hitler, Mao or Sun; they all are individuals or groups of people who become "The state".
This is what leads to the ultimate failure as there are no checks and balances on power that exist in capitalist democracies; free markets, free press, free judiciary. Sure those are not perfect. Yet, that just means they are involved in a constant struggle of distributing resources between unequal participants. Nothing of that sort is possible in Communism.
Communism is fine in theory but impossible to practice at scale.
Very well said, also saw these apologists who kept on defending Communism like it was God's gift to these countries. I would also agree with your explanation as to why Communism only works on paper and never when it's practically applied. The fact that they don't have a solid concept of what a "state" is in countries where it is implemented makes communism a very dangerous ideology to follow through. |
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Lucky for you to have a gambling mentor that will guide and help you straighten your gambling journey when most of us here learned through the hard way. Don't misconstrue it however as me being salty about it since it's actually important to have someone looking after you when you're gambling since there are times where not even yourself can differentiate between logical and illogical decisions, especially when a lot of money is at stake. Then again the best lesson I have learned during my gambling journey was that nothing beats self-control. It doesn't matter if you win always, if you don't know how to manage your victories you'll still end up drying them out one day. The best advice I could give to someone who wants to start gambling is probably to never start gambling to win. It's definitely the worst approach that in the long run leads to the financial ruin of any novice gambler.
A few simple rules, to summarize what others have said are as follows:
1 - Set limits and monitor your money.
2 - Know when is the right time to stop playing.
3 - Safeguard your budget.
Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had).
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
Makes sense. Gambling should be enjoyed and not something you do to earn money full-time. People oftentimes make this grave mistake causing them to lose more money than what they have started with, eventually causing them to be in debt and sometimes face criminal charges. |
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Really there are multitudes of reasons as to why you would choose to hold on to your bitcoins instead of selling them at a certain price point, be it high or low. There are those who believe bitcoin will be the currency of the future and would choose to have a hefty head start from there. There are those who believe bitcoin will increase more in value which is of course highly possible considering the lifetime trend bitcoin tends to possess, and there are those who chose to hold bitcoin because they find the technology behind it novel and revolutionary that they would do everything they can in order to keep it alive in some shape or form. Personally I hold bitcoins because of its profitability, it has proven itself to be very profitable and had paid those who believe in it in the past quite dearly. I'm being realistic here given the fact that I may not tread this earth anymore once the day crypto overtakes the currency sector, but I am quite positive that it will happen in the future anyway. The main reason why I hold bitcoins is to have some form of 'guarantee' that my money today will still be worth something in the next few years. Inflation bites us in the ass so bad without us realizing it early. We just wake up one day that all prices on what we used to bought increased for a dollar or two. With bitcoin, at least that inflation is kept on par with what I had a few years back, as bitcoin keeps the value intact and still increases for the most part.
Not only that, but I believe bitcoin will be an integral part of the economy in the coming decades. A lot of people are already recognizing bitcoin, and it's just a matter of time before these same people do the switch and demand things to be priced in crypto, or at least have an option to buy things with it.
This is quite novel to me, as you can see your reason is something I may have missed from the most common reasons why people hold bitcoins that I listed above. To make use of bitcoin's deflationary nature, while earning is quite cool actually. Since you're practically hitting two birds with one stone there. Keeping your money's value stable, and ensuring that it accumulates. |
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Banks will do their best to antagonize bitcoin and make it look as if they are trying to destroy our society as we know it when what it is probably going to do is to evoke a paradigm shift for a better and much more sustainable economy and future for our children. Central Bank wouldn't collapse just because of bitcoin because even if we assume that bitcoin would cause fiat's discontinuance, there's a 99.5% chance that they have other forms of asset such as precious minerals and metals where they can store value from, so a collapse wouldn't happen per se. Not really.....the central bank is fine_for now-Bitcoin is not as bad as you think_prejudiced it's not okay-the central bank doesn't say so_everything is going normally, I think Bitcoin is not destroying the central bank_Bitcoin will save the central bank from the world's corruptors.
Would've been better if you at least offered your own reasons for thinking such but I cannot say I don't agree with what you've said. Bitcoin's decentralized nature makes it so no 1% elite is able to tap into its powers and use it for their own good while the rest of the planet is dying of pollution and starvation. Moreso, Since it's mostly powered by electricity we would soon be able to employ cleaner and much more efficient methods of acquiring resources for electricity, hence allowing for a cleaner, greener future. |
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Accessibility and ease-of-process, digital wallets, especially exchange wallets like Binance works best because you can easily route them to your gambling account and basically start from there. Although these options aren't as safe as personal wallets and physical wallets that are more focused on security of your coins above anything else. Personally what I do is I have a personal wallet where I collectively save all of my cryptocurrencies and I just fund my Binance wallet whenever necessary. This allows me to ensure that worse comes to worst, I wouldn't lose all of my hard-earned assets at once. What is best/safest/easiest wallet to use for crypto gambling?
Currently I am using Binance wallet, but I heard that they can lock account and ask about these transactions.
The best wallet would depend on the type of coins you use. I use trustwallet and it almost covers all the bases, it provides multiple coins support and has a good security system and on top of everything, it's easy to access on the mobile and scan to send coins quickly. I don't like the fact that OP is using Binance as a wallet for gambling because of 3 reasons 1- High fees on withdrawal that Binance charges 2- It takes some 5-10 mins usually to get your coins which isn't ideal always 3- It's evident from the past, using an exchange as wallet is risky Coinbase and trustwallet top my list for their vast array of coins that are listed, although I am a bit wary with these wallet exchanges since these are the ones that gets hacked the most, apart from Binance. Then again the benefits outweigh the detriments for me which so rarely happen anyway that I can just shrug it off. Although of course as stated above I have a personal wallet where I store most of my assets. |
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AFAIK client seeds don't work that way. They are merely measures taken by the site to induce an added layer of fairness within the game and to also catch off people who are trying to hack the system by exploiting bugs and glitches alike, since each address generates a different and random client seed specific only to that particular address. Now for RTP that basically means the percentage of the bet that gamblers could acquire per win, so in your case where you supposed a 95% RTP, the gambler is slated to get at most 95% of what he wagered, but there are instances where the winnings are evened out across players when volatility or other issues come in like what some people here have told you. A site like "Stake" provides a feature where you can change your "Client Seed" ..... so in theory, if say 1000 people use the same "Client Seed" ... then all those gamblers that are sharing the same seed, are supposed to win and lose at the same time... right? (Does the Server Seed differ from user to user too.. or is it the same for all the users on the site?)
The server seed for each player is different. Also, there is a nonce, so basically if you use the same client and server seed, you will still get different results because the nonce increase with each bet. Once you verify your bets (reveal the server seed) then the server seed is changed for you. RTP is a very simple concept. The return expected to the player for each bet the player makes is called the RTP. A 95% RTP means on wagering 100 coins you shall get back 95 of them back. This doesn't mean you will always get back 95 though, because it depends on the volatility as well. So basically you might end up having 50 coins after wagering 100 while another user may get 150 so that evens out things. I am a little surprised a legendary member is asking such simple questions. But I understand not everyone gambles or is aware of the provably fair mechanism. You obviously have a very construed idea of what a Legendary members rank means and what the RTP is. A Legendary member only indicates that the member has been with the forum for a long time and it does not indicate that they should be an expert in all concepts (Crypto or non-Crypto)  Do your self a favor and read some of the more detailed explanations on what the RTP is for players.... in the posts above you, before you post nonsense like this in my thread to acquire +posts for your signature campaign. Take particular attention to the posts that was given Merit, so that you can learn something new.  I would agree with the OP in this. There's no hurt in learning a new concept whether you be a newbie or a legendary member in this forum. The fact remains that it is always better to learn and ask for help when you need it instead of doing things on your own and incurring losses as a result. This forum is made for the same reason anyway, and not just to promote other crypto projects. |
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In the words of a video-game character Ezio from Assassin's Creed, "They condemn what they do not understand." When people see something queer or novel to their senses, the most logical and initial response they would give out is one out of fear or repulsion, this is definitely normal since it appeals to our basic instincts. Then again it is always proven that early adopters and believers who broke past what their instinct tells them flourishes and succeeds. Those who do not know very well about Bitcoin and have been making various negative comments about Bitcoin from the beginning, only make negative comments about Bitcoin on various social media.I avoid all these people all the time. Especially where the big businessmen of the world invest bitcoin, there is no need to listen to the small limestone.
Thing is, avoiding them won't do anything for bitcoin or crypto, for us established believers their FUD won't have any effect but for potential investors, they'd have a massive impact, so an information rally or campaign is necessary to provide proper info about the upsides and downsides of investing in bitcoin, that way they can base their choices and opinions in something much more intelligent rather than making choices out of spite. |
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Number 1 is a bit tricky since most developers would acquire pseudonyms and would remain anonymous yet would still be able to deliver promise projects and roadmap plans. For me what really makes or breaks a project is the model, some projects happen to exist under a promising premise but die off when they find out what they're trying to do is nigh impossible. That's basically most of the projects that happen in crypto-scene who die off eventually fall under. For people who only think about profit then there are only a few aspects to consider. 1. what is the project concept, 2. who is the investor 3. must follow the trend.
We know that no matter how good a project is, if the theme used is not trending, then the project will take a very long time to famous and succeed. we learn from experience how there used to be a trend every time. For example, DeFi, Meme, NFT themes, and now the trend is Game themed. For that, if there is a new trend we must be prepared to anticipate it
When you invest in a project, very rarely do you look for specific business models to support and what happens most of the time is you check the currencies, see why it's pumping, check the business model, and from there, decide whether you'd invest in it or not. I can vouch for this that this is what's going on for the most of us. Have no mistake, there's nothing wrong for yearning profits in a profitable space like crypto. |
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Well you're right on keeping gambling a fun and recreational activity that is not supposed to replace your full-time job because it will never be healthy for you. But at the same time this doesn't stop me from yearning to win as much gambling sessions as possible because winning feels good and the more I win, the more likely I am to gamble more, pretty simple concept really. So I usually bet straight on team matches and less likely in correct scores because there are much more variables at play with the latter. No gambling platform have got fee for every bet being placed. Though the internal wallet, people are free to use it for different betting. So, making use of the small bets is a better choice than just experimenting the bets with huge funds. On this it is good to prefer using small accumulation on small bets than going for big one depending on luck.
Thing is, you still pay an equivalent amount of tax even for those small-bets per se. So it's not like you're saving money for making those smaller bets than bigger ones because they pretty much fare the same. Bigger bets allows you to play less tho because it shows you the bigger picture almost instantaneously than slow and steady small bets. |
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I believe this is the case with the constant risk of diminishing manpower plus the lack of solid observation of employees. Especially in the customer service sector, where most of my friends work at, it has been stated that most of them take in chores and tasks that would otherwise require an administrator or a higher-up to initiate just so they can cut off the middleman to save some time and serve more customers in the process. They still have a boss but they pretty much do the same stuff for I would assume a lower pay rate. And that alone is the reason why I believe I wouldn't enjoy it. In this world, of course, we can get many opportunities in whatever situation is going on, as long as we are willing to try and keep moving.
The cryptocurrency, is an opportunity that is already feasible and its popularity is increasing, why not? Of course people who are more advanced will come here and some take this as an additional job.
Even though in my country it is not completely legal, but it still allows selling it to local currency, well.. there are still many things that can be done of course with the internet today, and there are many opportunities in cryptocurrencies such as being able to invest, trade, mine, work in campaigns, etc., this can still be done and of course it is still a driver of the financial/income side, even if only at home.
cryptocurrency is but a portion of what can really be done in this pandemic setting, although I would say most of the alternatives is starting to get a little saturated as well. Then again this could very well be the reason why more people are much more accepting of Bitcoin and cryptocurrency in general during this pandemic setting. |
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Owning a lot of money doesn't necessarily equate to being wealthy or rich. In Venezuela this is the case. I believe people would come to appreciate Bitcoin more once it had served its primary purpose which is to act as a better form of currency than Fiat. This is because contrary to Fiat that inflated every year, Bitcoin is deflationary, and as time passes by this allows people to purchase and enjoy goods and services for a lesser price than before, allowing for a much more economic society. I am someone who has kept most of my Bitcoin stash for the long term. But that hasn't prevented me from making payments using Bitcoin every now and then. Because I book my profits on a regular interval. For profit booking, I either convert my coins to fiat directly, or use some of my coins to pay bills and purchase gift cards. And the latter scenario is what the OP is mentioning. I know about a few guys who are adamant that they will never sell their coins before the exchange rate reaches $1 million, but don't count the majority of the users among them.
Main reason why people held bitcoins anyway is because it shows promise in more ways than one, so you're correct in supposing that we shouldn't assume as if the majority of Bitcoin enthusiasts are to only sell their holdings after bitcoin's $1 Million breach which is still far from being a reality at least today. |
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Betting and gambling pretty much fall under the same boat which is gambling of course. To see people preferring one over the other is fairly normal and is to be expected from our pattern-loving brains. Plus, it all depends on what sports is it they are betting on. Some games are pretty much coin-flip while others may be well-predicted through research and information gathering, but in essence these two are one and the same. There are people who play gambling only while there are others who prefer betting only.
Do you think both of these type of people have different mindset and one of them is willing to take more risk than than others ?
Also do think that gambling is for the entertainment and earning money too but people do betting only to earn money and there is no element of fun involved in it.
The only question that really needs to be asked is whether the house (the casino/sportsbook) has a long term edge over the gambler. They almost always do, every sportsbook will be backed large and up to date statistical analysis across every sport they allow you to bet on. Over the short term a person might be able to out-think them on a few odds and make a profit, but if you play for long enough then you're basically competing against artificial intelligence with much more information than you could possibly process. Virtual casino games are even worse because there are fixed odds across all games which you mathematically cannot defy. Both types of gambling companies have been making record profits from bored people during Covid, that should tell you everything you need to know. I completely agree with this claim but then again the house will always do its best to win even when you're winning. A house that is not winning will not be able to Garner customers anyway. This is why gambling should only be taken as a recreational activity and never as a primary source of income, because you can never win against the house. |
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When at that point logic and rationality is the least of a gambler's concern. Gambler's fallacy is at play here when they assume that they will win the next run when all of it is purely based on chance or immense skill. I believe the same happened for this man which caused him to incur multiple losses that amounted to £20000 in one night. Yet this may still be tad-bit off from addiction assuming that this hasn't been happening in the past. Still, it is no excuse to not consult a professional health practitioner to give him some important guidance and advice. That's really a lot of money to lose in just one night, I think the man was pumped or hyped to play the online gambling even I when I'm new to online gambling I was really addicted in the first few days lose some money but not as big as the this man. It's true that you will only find yourself addicted when you almost or lose everything you have, this gambling is really dangerous especially you only need to have browser and internet to access it.
Most of the time it's not the hype or the enjoyment that pushes a gambler to play more but the pressure of last game's results. Say he won the initial run, he would want to spend more in order to accumulate more wins instead of calling it quits and going home with his victory. The same could be the case for if he loses the initial run. |
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This is a bit of a stretch but you can also consult healthygamergg's podcast and YouTube channel. His content is oftentimes directed towards improving your lifestyle and mental health as a gamer which for me isn't that far from being a gambler. Most of all it is for free since he mostly streams on twitch and uploads snippets of his streams or a full-blown edited video on his YouTube channel. Check him out, he's profound and you may learn a thing or two about gaming that is also connected to gambling like addiction, tilting (that awful feeling after experiencing multiple losses, and more). There's no hurt to trying to ask for recommendations from a large platform like this. Besides, this thread could also be a way for more people who are in the same situation to lean on to and not scroll thousands upon thousands of Google search pages. Thanks for the recommendations and I'm looking forward to more people giving their two cents about it. |
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Not only will budgeting your betting allow you to save up money. Most importantly it instills discipline to you as a gambler which is a very integral skill to learn in a field where one wrong decision could cost you a lot of money. People oftentimes downplay the importance of self-control especially when gambling since the thrill of the game instills the illusion of gambler's fallacy, where certain random events can be misconstrued for something like a lucky streak or bad luck. Can never emphasize how important this is, and all of these important skills in gambling can be learned by simply learning how to budget your own cash. Most people go all the way of keeping extra cash for betting after being paid their salary.These are people that can't do without gambling.They put all their resources in gambling,expecting that one day,they will win a big game,but the way these casino are organised and keyed,it is for only their favour,so no point in keeping extra funds for gambling.
We can't really encourage people to organize their budget whether they losing or winning since the gambling adrenaline is always there. When they win, they will tend to gamble more expecting another win. When they lose, they will still tend to gamble more expecting to recover. The process and the cycle are just repeating. For them to become responsible, there should be a certain situation that can trigger it. For what it is, we don't know and it varies per person. Then again it's always helpful to give friendly advice to people especially when you feel like they need it. I think all gamblers are aware of the thrill of the game and how it can mess up your perception of reality, and the least they can do to minimize, if not avoid losses is to learn how to budget their money or induce self-control when they feel like they are going overboard, you can't teach these skills anyway and they would have to learn these by themselves so it's not like you are nosing around how they do their business. |
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