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521  Economy / Gambling discussion / Re: Referral bonuses are waste of time on: May 19, 2023, 03:14:07 PM
In my opinion, I think referral bonuses are typically waste of one's time because of its processes that seems so impossible to claim and recently I came across a thread
https://bitcointalk.org/index.php?topic=5437603.0 seeking for Casinos with paid referral bonuses and I tool out time to read most of the responses there and they all seem impossible to claim referral bonuses.
I wish to know if anyone has successfully claimed referral bonuses and how easy was the process and what Casino did you claim those bonuses

Online casinos run different payments of referral bonuses. And it is called Bonuses because it's a bonus. Some in a form of coins, free spins, VIP cards, exclusive games, percentage edge on the game, and such, often times in a form of money or additional fund.

It is important to read the requirement for claiming bonuses or the FAQs of the websites. Some bonuses reflects directly on the players dashboard, sometimes it is with certificates. Some casinos required minimum number of referrals before claiming the rewards. That is why maybe for those who are rushing, they have difficulty claiming it.
522  Economy / Gambling discussion / Re: Wagering requirements for withdraw on: May 19, 2023, 03:08:29 PM
I recently discovered that I signed up for a casino without thoroughly reading its terms and conditions agreement. But of course this was entirely my fault even that I am still bothered by the withdrawal requirements on deposits. It is well known that deposit bonuses or any bonus offered by a casino will have wagering requirements that goes to x50 or more. What truly concerns me is the 5X wagering requirement on normal deposits without any bonus in order to withdraw the initial deposit or winnings.
To clarify things better here is an example : if you were to deposit $1000 and win $200 in your first few games then you wouldnt be able to withdraw your winnings or even your deposits without wagering at least $5000. This means that 80% of the time, you would lose your money before reaching the required amount.
In my opinion this term is unfair. I am not attacking any specific casino, but I do believe that if users were aware of these requirements they would be less likely to deposit their money in such casinos since there are other casinos without such stringent requirements.

Wow. That's a lot of percentages to gain first before you take out your initial investment capital with that game. Unless you gamble luckily on short period of time, you will reach that wagering requirement. They are holding your fund and you feel not in control of your own money. That simply means the casino puts a lot of pressure to the players and let them gamble irresponsibly from unrealistic goal and expectation. 

Bonuses won't compensate for the money lost if it's gambled irresponsibly.
523  Economy / Trading Discussion / Re: My trading constitution. on: May 18, 2023, 01:51:57 PM
Trading is 90% psychology, but

- you can't build confidence without a profitable system.

- you can't have consistent gain without a profitable system.

- you can't be disciplined without a profitable system.

- you can't win without a profitable trading system.


Trading gives you money, in order to to protect your money risk management is paramount.



Proper risk management will help you protect your capital. Applying it correctly, your account will never be blown out. But as you said you had to have a profitable system. That will determine your success. Your risk reward ratio, how much time do you need to get in front of charts, and how many research should you need? And after that, the battlefield of your own psychology. If one missing, your system will be flawed because all of these complement one another to a successful; trading.
524  Economy / Trading Discussion / Re: The Importants of PSYCHOLOGY in a trader on: May 18, 2023, 01:44:58 PM
As a trader many skills are required for trading successful ly in the financial markets, they include the abilities to evaluate a trading fundamental and to determine the direction of a stocks trend.
But for me neither of these technical skills is as important as the trader mindset that is the " PSYCHOLOGY OF A TRADER"
SOME KEYPOINT IN PSYCHOLOGY OF A TRADER
* UNDERSTANDING FEAR ÷ When trader get bad new about a certain stock or about the economy in general, they naturally get scared. They also overreact and compelled to liquidate their holding and sit on the cash refraining from taking any more risk. A Trader need to understand what fear is, it is a natural reaction to aperceived threal.
*OVERCOMING GREED÷ As a trader the major problem is overcoming greed in my country they is an old saying on wall street that " pigs get slaughtered " this means the habits of greedy investors have of handing on to a winning position too long to get every last tick upward in price. sooner or later, the trend reverses and the greedy get caught.
I no as a human greed is not easy to overcome, it's often based on the instinct to do better and get a little more.
*SETTING RULES÷ A trader need to create rules and follow them when the psychological crunch comes. always set out guidelines based on your rise reward tolerance for when to enter a trade and When  to exit it. set a profit Target and put a stop loss in place to take emotion out of the process.
*STAY FLEXIBLE÷ It's very important for trader to remain flexible and consider experimenting from time to time. one of the best ways a trader can learn is by experimenting ( within reason ). The experience may also help reduce emotion influence. This period assessment can help us the trader to correct our mistakes and change our bad habits for trading.
source https://www.investopedia.com/terms/t/trading-psychology.asp

Trading psychology also consists of many branches
It is learning how to think in probabilities, having the right self-image and personality, and having the right self-belief. This all will feed your trading whether if you are trading under pressure on under your control. Your decisions will be influenced by your own thinking. Because in front of the screen, it is not you versus the market. It is now yourself versus to yourself.
 
It is very common to tell it's greed, fear, euphoria. But all of those have a deeper cause. All lies under the three above.
Now ask yourself, what are your expectations with the market? Can you handle both the pressure and the rewards?
525  Economy / Trading Discussion / Re: How to maintain profitability in crypto trading on: May 18, 2023, 01:38:15 PM
Hi guys, happy new month, i came to discovered that there are some people in the community suffering how to maintain constant profits in crypto trading system which, I will like to share some ways that will help people to maintain constant profits in crypto trading.

 HERE ARE SOME WAYS TO MAINTAIN PROFITABILITY IN CRYPTO TRADING:
1) Decrease your waste : if you want to maintain constant profits in your trading, you must reduce some special time you spend in some activities that will distract your attention in crypto trading because, crypto trading need constant attention so that you will not miss your profits at the moment.


2) Conduct market research: For you to maintain constant profits in your crypto trading, you need to be active in carrying out your personal research daily to know the season we are in the market either bulling season which is the best season every traders want to be swimming in profits making all the time or bearing season which is the season Many traders use to hold their coins very well not to miss their profits.

3) Increase your capital: if you want to maintain profits in your crypto trading, you need to work hard to increase your capital so that it will help you to buy huge amount of coins that will help you to maintain your regular profits in the market.

I know, there are some professional traders who will like to add to this topic to help people over there so that there will be progress in constant profits making, your opinion is highly welcome.



It is to call yourself a trader. But it is very difficult to be on a level where you are consistently profitable trading. It is simple, you just have to do the same system over again. But it won't be easy. Trading will demand a lot of yourself. So wether it is your technical analysis, your psychology, or your risk management you must have the discipline to desensitize where did you go wrong, where did you go right and go from it.

Money or capital is easy when you have the skillset. You'll easily find an investor if you have a solid track record.
526  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: A long term investor here, thinking about adding RoLLBit Token on: May 18, 2023, 12:52:56 PM
Any long term gambling projects investor here? I have been monitoring Rollbit gambling platform token for a while now and to my surprise this token makes it to a new high recently, from 0.001$ in 2022 of October to 0.02$ today, that's impressive gains and the all time high was even 0.05$ in February of 2023, anyone buying such coins for a long term hold?

I have not gambled on Rollbit before and I want to ask if there is anything adding extra value to Rollbit token, anyone using this platform should please drop a feedback, is the token been used on the platform itself for gambling? Or it has benefits if gamblers use the token to gble instead of using Bitcoin?

Thanks

I love the idea. Not only play the token to its intended use to bet but also use it as a tool for trading. Flipping the value of the coin itself. Fundamentally, rollbit is already known which if the demand is higher, the value of the will also increase. I would suggest that if you will hold it for a very long time, you might also consider staking the coin if it is available so at least it will work like dividends. Not only raising it's value but multiplying its quantity over time with the tokens at stake.
527  Economy / Speculation / Re: Know your time to HOLD on: May 18, 2023, 12:48:25 PM
My take on bitcoin in 2023 by the way it bought and was pumping pumping and pumping was like it will never stop. I thought it was my year to make my money and keep much of Bitcoin in my wallet. But the dullness of over 2 months has changed my mind. The scenario poured coldness in my mind but again let me know that bitcoin behaves like an asset and asset has the time to buy and sell not the way I thought it will always be be buying.

I have waited for the price to reach $25k for me to start pumping my money, it never reach there. I grows impatient daily, I won't wait more than 1st of July, any price I see it is what I buy.

I don't like to sound desperate, do I sound desperate or determine to make money?

Bitcoin HODLing for years can not be a lost affair.

 

You are simply fearing of missing out the move. You know it will get higher. But you don't exactly know when and at what price you should buy and get a position. it's okay to be desperate, that's how you feel. What's not okay is if you do something you aren't sure of. Like your idea of buying at any price. In the market, you have to demand your own price.

Just a tip. Don't FOMO. There will always be another trade. There are abundant of opportunities in the market every day, every week, and it won't stop.
528  Economy / Gambling / Re: What all are your considerations before picking your go to sportsbook? on: May 17, 2023, 08:53:34 AM
Long ago, I had created a list of sportsbooks with presence on bitcointalk along with a few categories to help fellow bitcointalk members look through them and decide on which sportsbook to choose. That list has been outdated for a while and I think it could be improved upon. Want to put some more effort in and work on it, in the later half of this week and weekend. I'd like to recreate a list with up to date information. Please do contribute on what categories would you like to see to compare sportsbooks.

Here's the old list

responsive websites which contribute to its reputation, good and fast withdrawal processes, KYC, restrictions on my country being met and allow me to do so. I also sometimes consider transaction fees but other than that, the first four are my non-negotiables. It is black and white. If one is missing, I will let it pass and find another. That's a hard rule.
It is my find I am risking so I  must be responsible for finding one I can entrust my money to risk.
529  Economy / Gambling discussion / Re: Are there play and pay later casinos? on: May 17, 2023, 08:45:42 AM
It's been a year and half that I talked last with a family friend who is living in North America and finally, he replied my messages after so many sms sent out to his number, he told me about how he own 60k in gambling and I somehow feel sorry for him but at the same time I doubt this, because I don't see anyone talking about gambling debts before.

To play in any casino you have to come with your money or asset, or are there any casinos that allow play and pay later? Or I am thinking if maybe he used a credit card for gambling? We all know that debt is possible on cards..

I know some people likes taking loans or borrow money, but I know him too well, he always advice us to never take any loan for anything.

I know some are wondering why I don't ask him, he is way older than me and I don't want to ask him, I only told him to take things easy with himself, I don't know if asking can make him feel bad even more.

So is gambling debt one way or other possible without the person taking loan or borrowing money?

He had already gone too far and he learned his lesson the hard way.
It could be in traditional casinos or gambling places where sometimes they let players play off until debt and that's the worst thing that a gambler could do. He might probably took a load so he can take it in online gambling sites. Regardless, it's too bad for him. Let this be a lesson for others to gamble responsibly. And if you're already in a rut place like this, just know that you are not what happened to you, you are what you are going to do about it. Take the lesson and be more accountable for taking risks the next time.
530  Bitcoin / Bitcoin Discussion / Re: Keep hodling your Bitcoin on: May 17, 2023, 08:39:07 AM
Most recent posts on this forum such as
https://bitcointalk.org/index.php?topic=5449800.0
Seems more like few persons are scared that they may loss to their Bitcoin hodlings due to the recent drops in price of Bitcoin
This is very understandable but as a Bitcoin investor you should know that with the series of price changes Bitcoin has encountered over the years we can say that it rises in value more than it drops .
Therefore I want to urge all my fellow bitcointalkers to not lose interest in holding because of these little drops in price  keep holding your Bitcoin .It will definitely boom soon

You won't lose any money unless you sell your buy position. Don't get bother by your unrealized gain going positive or negative if you believe that the bitcoin price over months or a year will be net positive. That is why overview of your system such as the timeline of your investment is important so you won't get bothered by fear.

So don't get too hopeful or too fearful. Know your strategy and your system. Cut your loss when it says to cut, sell when your system tells you sell, buy when you should be buying more, and hold when you need to hold. Oftentimes, the hard decisions are the right ones.
531  Economy / Trading Discussion / Re: The biggest No while trading on: May 17, 2023, 08:22:31 AM
Trading will be more favorable too you when you have a system/strategy that works for you, but no matter how perfect you feel your system/strategy is,

Don't ever trade under pressure. pressure to pay off a debt,
pressure to pay your rent/ Bill's.

I till repeat, Don't ever trade
under pressure
because no matter how you do, that pressure will make you do the following,

- over trading: once you start over trading while under pressure,  your decision making will be very poor.

- less control over your emotions: it is near impossible to control your emotions while under pressure, like rent an debt.


- poor risk management: your risk management will not be put to good use because you are desperate, you want to meet up and that will be when time will be working against you, so please fellow traders stop trading under pressure,
    I don't know if anyone have more to add?


That is because the market doesn't owe you anything. The market doesn't care what's going on in your life, it doesn't care about your ends or your debts. The only thing the market can see is your buy/sell order. So if you put any money because you mindlessly put a trade wanting to have a quick and  big returns (which is an unrealistic expectation), the market will take away all your investment and trading account faster. You will be blown.
You cannot disregard your emotion. But you can control yourself not to engage the market when things, and pressure in life are not going in your way so you are not prone to make stupid trades that will make you lose money.

532  Economy / Trading Discussion / Re: Can copy trading be profitable on: May 16, 2023, 03:54:16 PM
Is copy trading worth it

Can I make 20$ per day if I have 2000$

if it's signal trading, then make sure you subscribe to one that is reputable and will not scam you. I would suggest that you apply that $2000 for funded challenge like FTMO, Fundednext, MFF and grow that capital. If you pass that challenge, investors will give you account to manage.
If it 20$ per day, It could be in terms of average, because you cannot trade every single day. It's unreasonable. Every day is not a high probability. Still, it's your money, so risk what you can only afford to lose.
533  Economy / Gambling / Re: Is this considered a safe practice on: May 16, 2023, 03:48:50 PM
Is it safe or dumb to use your Credit card for online gambling because of free bonus rewards on signup and initial 3 months purchase? Will you take such risks with your card for such rewards? A friend informed me that some casinos gives better reward if you have a credit card with high credit score at around 800, he mentioned how he make 200$ from Freedom Flex after using over 600$. He also mentioned other like capital one

What are the disadvantages of using a credit card on online casinos? Any? Would you dare do such to earn more money?

I don't thing that using credit cards or putting an expected amount will gie you greater edge of winning. I think that is your point. When your friend used credit card and credit almost 800$, then he win more, you want that thing happening for you too. That's foolish. If using credit card will give you greater security,perks, discounts, and you can manage your money and gambling better, then use it. Otherwise if it is just an intuition for something, then don't.
534  Economy / Gambling / Re: Gambling is a choice. on: May 16, 2023, 03:44:52 PM
Something happened in my locality and I just wonder if that's how we also behave in the online space.

So, they're always a group of rougues in my country, they're often sited in the market place where there's a reasonable population, what's their work???

The have things in a martch box like stones and sticks, they'll ask you to pick the one out of it that has something, depending on what the want....

At first, when you pick, they'll let you win so as to drag your attention, then subsequent wins, you'll be at the losing side and the make sure the drain your pockets entirely.

So, just last week, this lady fell a victim and she was shouting and crying, the had obviously emptied her pocket and even gotten her phone from her in the process of the gambling.

My thoughts, is this how we often feel when we lose out on a bet??
Do you wish the site can refund your money??

Gambling should be your choice, you shouldn't let anyone compel or persuade you into it.


Everything is our choice. And in terms of gambling and risk, you must have the control and the ability to have your best choice.
You must have the ability to say no when you can no longer afford to risk your money. But oftentimes, we still do bet the money we can't afford to lose. This then lead us to wish, that if only the site can refund your lost money. (knowing that it will not.) Gamble at your own risk. If you cannot master yourself, you will be a slave of casino and betting. So you have your choice.
535  Economy / Economics / Re: Do you spend more-do you get more? on: May 16, 2023, 03:38:05 PM
There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

It is just the level of standard in the life of an individual. If one prefer a life with a standard of high-cost living, then that person would literally work hard, and earn a lot of money to meet what you want in life. That's basically how it works. Overtime those person will outgrow their needs and its their hoise if they will upgrade their standard again or they will keep it that way. Then now, they will have a lot more money entering their accounts because there's nothing more to spend on. Just remember the qoute, "We don't rise to the level of our goal, we fall into the level of our standard".
536  Economy / Speculation / Re: Wrong Predictions as price keep failing! on: May 16, 2023, 03:33:17 PM
Nobody bitcoin price prediction has work this season, I told my friends early January that this year will still be difficult for bitcoin to rise since they're still blocks on digestive and ingestive policies of government, why bitcoin should not stay by government. But they argued me to a fault but I knew bitcoin will not gets to $40k this year. The price will definitely rise but not at the moment. Do you predict the price to any level year?

You can't simply create your prediction. One must have a concrete analysis whether it is fundamental or technical. Depends on what works for you. on my own analysis at the time being using technicals, price is still at consolidation in which lower price at 23K could get retested or can break above 37K then higher. Two side there is because the price is just trading inside the range. Aside from that there still other factors such as seasonal tendencies, probable epidemics, news, and wars. All constitute not only bitcoin but also other risk assets.
537  Economy / Gambling discussion / Re: sending bank statement for verification on: May 15, 2023, 12:31:30 PM
i registered at an online casino and my deposit was not arrived(in casiono) and i contact to their support and they said you need to wait for 10 business days for your refund.

10days are completed and i still didn't received my refund, and they told that "if you don't receive your refund in 10 days then you can contact us with your bank statement"

my question is, is it safe to share bank account statement for verification purposes?  the site is reputable, but in bank statement all my information are available. is it safe to share?

Objectively speaking, 10 business days was a lot. they are asking business statement probably because they want to ensure if the transaction is completed with correct information.
If they are the one who mistakenly send it to wrong account, they must ensure the refund and compensation for your time. If it's your fault sending the information, well you cannot do anything about it.
Yes, bank statement which includes address and contact were mostly used as verification but your information would be at risk. Make sure that the website is truly reputable and can be trusted.
538  Economy / Gambling discussion / Re: do you lose on slots? on: May 15, 2023, 12:25:02 PM
~snip~
so, in this case, almost all casino games, not just slot games, have a bigger chance of winning and beating every customer. so there is no other way to avoid these things because gambling companies are designed to make a profit.
some people may deny statements like this, but the fact is that no gambler really wins at casino games except for 2 factors, namely luck or the gambler is the company's bookie himself.

on another issue, even though there are gamblers who win big from casino games including slot games, if it is calculated from the total loss, I am sure it will not be equal and in the end the house will still win.

It's just probabilities, there's nothing to deny.

The odds in the games in casinos are calculated so that they pay you less than the actual odds.

For example, if you toss a coin, there's a 50% chance you win if you bet on tails. The casino game would pay you, say, 90 cents if you bet $1 and win, but take your full $1 if you lose.

You can see how in the long term you will inevitably lose all your money in a game like that.

This is a simplified example, but all the games in a casino are like that.

Sure, you can bet $100 and win in your first try and get $90, and leave, but that rarely happens. Gamblers that win will continue to bet, losing their entire money eventually.

And in terms of probabilities, if the odds are in your side the rule is to bet more and vice versa when the odds are not yours then you must derisk your funds.
However, the risk to reward ratio is poor. it is 0.9:1 plus transaction fees. You will eventually lose overtime if you overexpose yourself. This simply proves that the house are always in control of the outcome over the series of bets. So when you are in profit, don't give it back. Keep it and come back the next time when the odds are on your side.
539  Economy / Gambling / Re: Slot Educational Parade on: May 15, 2023, 12:15:44 PM

SOURCE--

in the video, it is not explained which region (city) it comes from but it is clear that the parade is from my country, in the parade it is clear what slot players get when they play from the "first" month (still motorbikes are expensive) to month "fourth" (ugly motorcycle).

without direct education by the central and local governments to young people and the general public, I think this kind of parade is not effective enough, it's even obvious, the parade is the initiative of the private community in the area.

do you think, a parade like this will be effective in reducing the level of gambling addiction?

It would be effective if there is a message being delivered. But if I am going to base it solely on the picture? It is more like advertising a gambling website than spreading awareness about moderation in gambling.
The fact that the message is not imparted from their movement to your post, is proof that the parade is ineffective in reducing the level of gambling addiction. It's more like a clout and sponsorship. Thumbs down to their marketing. Thumbs down to truly spreading awareness.
540  Economy / Gambling / Re: What is a web3 casino for you? on: May 15, 2023, 12:08:59 PM
Web3 has to be decentralized so if a casino is claiming to be a web3 project then it has to have all of the features of decentralized projects. The casino should be accessable with my metamask wallet that I won't have to deposit but can connect my wallet directly.
One of the key elements that define a casino as 3.0 is decentralization. A decentralized network powered by blockchain technology should run it. Additionally, it must support several currencies, which will be advantageous to us gamblers who support a number of altcoins. A casino would also be regarded as web 3.0 if it produces fair gameplay, security, and accountability, all of which will simultaneously be protecting its players and the casino. Since most casinos also prohibit VPN usage, I hope that the innovative gambling industry will take the location restriction into consideration in the future. Players from gambling-restricted areas have long struggled with this restriction.

As a  web 3 casino, for them to be decentralized and allow users to connect with their wallets, they have to be powered by blockchain as that's the only way they can be achieved that. I haven't seen a non blockchain project connect with cryptocurency wallets before.

A web 3 casino must not allow the usage of different cryptocurency before it can be classified as a web3 casino. Cryptocurrency casino have their tokens and to promote the use of their tokens, they can decide it becomes the only means of payment.

There's nothing wrong in doing so as it also helps the investors as they get profit for believing in the project and investing in it. If they allow multiple altcoins, then they might not add value to their own token and might lead to people dumping it which would affect the casino.

I love the idea that in order for online casinos to be considered as web 3.0 gambling sites is its ability for decentralization. It straight to the point, and nothing more. That integration of cryptocurrency as payments, rewards, tokens are featured. In cased of security, it will greatly be depend upon the house website if they require every player or stakeholders to have a KYC. I love this post as it just gives simple and clear prompt.
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