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Messages - Dr.Bitcoin_Strange

Pages: [1] 2 3 ... 69
1
General Discussion / Re: Have you won anything online?
« on: Today at 07:29:49 AM »
I havent won anything from Twitter giveaways, because I hardly participate there. Number of participants makes is really hard to win something. But I have won, and not even once, in gambling competitions (predict sports outcome) on the forum, won twice in my life in price prediction competitions, and won something in drawing contest (because there were not enough participants). However, I think it is useless to discuss who won, where and how. As those who participate, always win (you just have to wait and be persistent).
It's a lot more easier to win gambling than online giveaways, especially on social medias like X (formally kniwn as twitter), just like you stated, there are thousands of people participating in the giveaways and your chances of winning a price are quite slim, but gambling gives you a higher chance to win, even if there are also millions of people participating in gambling, you still have a higher chance of winning because you're not in competition with nobody.

2
That depends on how you define your sports, whether for physical attributes or mental attributes.

For physical and mental attributes, I think video games fall into those attributes. Because one needs physical and mental demands to stay active for hours. That habit alone requires physical strength and mental alertness
Indeed, mental and psychological exercises are just as important as the physical ones, when you participate on or watch sporting activities like soccer or basketball, it's considered more of a physical activity and less psychological, but when trying to consider video games, we can say they're more of a mental and psychological activity and it's just as important as the other forms of sports, so yeah, video gaming can indeed be considered to be a sporting activities.

3
because there are lots of new gambling sites nowadays, it's no problem if you try, but if you change a gambling site that is already comfortable and has VIP membership, I think it will be the same as my thoughts, namely not moving to a new site.
There's absolutely nothing wrong with changing from one's preferred casino to another, regardless of the fact that you're already acquainted with the modus operandi of the casino, tgere could be sevwral reason someone coupd possibly change from one casino to another.
The most important thing is that the casino needs to be reputable and not one the scam casinos.

4
But sports betting isn't like that, there's no way, I mean not a single possibility of cheating since you're not playing with an opponent, everything is programmed, leaving you with variety of options to choose from, if luck is on your side and you've got a pretty analytical skill, then you're likely to make the right choices, but if not, you make the wrong choices and lose, and that's just the game
This is only for the average Joe though...
For people with enough money and influence, it's easier to rig sports events, hence match-fixing is quite common, especially in low-quality competitions.
People also do arbitrage (kinda similar to table game cheating) as it's the only sure way to get profits, but still, if you are caught, your balance will be confiscated.
That's completely true.
Those with some level of influence can indeed manipulate sports events and bend the rules to their own advantage.
And this is worth looking into, because gamble activities should be done without manipulation and with fairness, regardless of the fact that gambling isn't the most lucrative activity, there's still need to apply fairness.

5
Meme Coins / Re: Is BabyDoge coin still alive?
« on: Today at 02:16:48 AM »

I always thought that crypto was supposed to put an end to having to spend billions or trillions of said currency on a loaf of bread,

But Bitcoin already made it possible not to spend even 0.1 fraction of btc on a loaf of bread, talk more of spend billions of it on a loaf.

 
Quote
but no let's just make 420 quadrillion coins, cause it makes obvious sense... Does it have a subunit also? Some babydogetoshi?

Lol 😂, I get the joke boss but those guys are seriously burning that token to reduce supply. Currently, 51.5% have been burned from the 420 quad and the burning is still slow and steady.

Quote
Any pump could trigger a 10% change both ways with pocket change!

I have been expecting that pump for only God knows how long. I stopped investing into altcoins long ago after several disappointment that I got from the altcoins that I invested on and that was also when I bought the babydoge which i have been holding it since then but there's nothing serious happening.

6
how to manage time and money there are important points in life, if we take the wrong steps and choose decisions everything will fall apart, especially if all our time and money is spent on the gambling table, it's really a shame, right, the context in which we started gambling was just to have fun Not for money seekers, if everything is under control, there's nothing wrong with us still being able to gamble
Absolutely right. It is still up to us whether we have good habits in gambling or the opposite that might lead to massive loss. Our journey in gambling really depends on our own decisions so we should be gambling responsibly. We should control greed or else we're going broke anytime.
I think how we see gambling today depends on what perspective we had about gambling when we first started gambling, for those who learned about gambling as a way to multiply your money and a way out of financial problems, it can be easy for them to get into gambling problems and apply greed when gambling which of course we know could have a very devastating outcome on the gambler.

A person's gambling foundation determines and says a lot about what perspective the person would have about gambling and the impact it'll have on the person.

7
Gambling discussion / Re: Is it right for a lady to gamble ?
« on: May 29, 2024, 10:02:56 PM »
There is nothing bad in saying that women should also gamble, but they have to consider many things which are at stake before accepting for that, the first thing is that we have to let them understand what gambling is, can they be able to afford the loss in gambling, will they be proud of having gambling what they can afford to do always without having any challenge at the cause, can they even afford time, emotion and commitment in taking risk for gambling.
Indeed, woman also have all it takes to gamble but just like every other persons, they should be informed about the underlying risks involved in gambling and then given the option to choose whether it's what they wanna do or not, because the worse that could happen to anyone is going into gambling with the wrong perspective because it'll really affect the decisions they make while gambling and once the decisions are affected, it becomes a problem and becomes difficult to quit or stop yourself from doing it, this is because gambling can be really addictive and anyone could get caught in the web if not careful.

8
In fact, those who haven't found a job should try to avoid gambling as much as possible, because in my opinion, sometimes gambling makes us lazy about doing something.
If someone doesn't have a job or source of income, how exactly is he going to get the money to gamble with?
It'll be very irresponsible for a jobless person to indulge in gambling because you'll definitely gamble for the wrong reason and gambling for the wrong reason often leads to doom.

The only reason you'll gamble would be to multiply the money and this could have a negative effect on you as it could easily cloud your judgement and choice making, gambling shouldn't be considered as a financial problem solver, because you might end up creating even more problems for yourself.

9
Gambling discussion / Re: What inspired you to gamble?
« on: May 29, 2024, 09:50:04 PM »
Gambling is a fun. It is a sort of entertainment and a good way to pass your free time. I enjoy gambling in my free time. By the way didn't get inspired by anything. Just watched a few online ads and started gambling.

We are bound to lose some money if our mindset on gambling is just for fun because we are going to lose focus on what we are doing, i mean if you are gambling, we should be attentive on it so that we have the chance on winning, just my thought.
It's true that we have to make an effort to try to win at gambling, but we have to know that not everyone can make a lot of money at gambling, losing money is common. If we have a chance to win then try, we will never know as long as we never trying to place a bet.
Rightly said.
The chances of losing in gambling is way higher than that of winning, and this is the more reason people shouldn't be more focused on winning because this is what often causes people to start chasing after winnings and losses and then leads to addiction.
People should always realise that the odds are always against the players and I'm favour of the house so expecting to win all the time would only lead to more disaster.

If a gambler doesn't focus on winning, then he should focus on what? An undeniable fact about gambling is that all gambler wants to win but what makes the difference is the desperation or length a gambler can go to record a win. Playing to win is not wrong. Afterall, that's the reason we gamble.
Maybe you misunderstood the point I am trying to make when I said that...
I don't mean it's wrong for a gambler to want to win, there are two outcomes of gambling, winning and losing, and no gambler would derive pleasure in losing or play to with the sole purpose of losing.
Everyone desire to win and winning is a good outcome in gambling for every gambler, all I'm trying to say is that, the same way the wins are expected, the losses should also be anticipated too.

In fact, we all know that in gambling, the chances of losing a bet are way more higher than that of winning, because the odds are mostly stacked up against the bettors and favours the house more, so rather than expecting to win when you bet, it'll be a lot more safer when you expect to lose the bet, so when it happens, you don't feel to disappointed enough to make begin to chase the losses.

This can also help you keep your emotions in check because like we already know, too much expectations is exactly what causes disappointment, so to avoid being too disappointed, hope for the best but expect the worst. It'll also help you manage the risks you take.
This is exactly what I mean.

10
Gambling discussion / Re: should gambling be completely banned?
« on: May 29, 2024, 09:39:29 PM »
They're just preventing something bigger, it seems, because if you want to eliminate it then it's something that's not easy to do.

Some facts are even surprising, where the government prohibits gambling in a country, but there are individuals who have power who can directly collaborate with gambling owners. I think things like this are also complicated, because on the one hand the government prohibits it, but on the other hand there are individuals who play and seek personal gain.
We've heard of cases of underground casinos where people go to gamble secretly in countries and areas where there's a ban or prohibition on gambling, and even the government are aware of these secret underground casinos but decide to keep mute because they benefit from them in one way or the other.
This only proves the fact that gambling can't be completely banned, because even if the government places laws that formally bans gambling activities, there'll always be people who will come up with alternative means for them to still gamble, with or without the notice of the government.

11
Set alerts for major dips and also for gains, have a look at bitcointicker.co for the 24-hour view in the morning and make your decision on what your doing today, buy, sell, hold, or swap, etc,

set your market limit buy/sells for the day for buying in and selling and also coin pair swaps and your free until tomorrow but mAke sure you log all trades into coinstats or something similar or use your own excel sheet or program your own small logging program for desktop or mobile etc even a browser app will do.

not very often because I only check when I'm going to sell, if I don't need it I won't check the price or exchange
We can easily check our bitcoins from where we hold our bitcoins. If we want to hold bitcoins for long term then we don't need to check bitcoins very much because if we keep checking our bitcoins every now and then we will never be able to hold our investment for long. If you absolutely need to check your balance, you can check your balance by entering where we hold our bitcoins.
Indeed, for long-term HODLers there's really no need to regularly check your crypto asset or HODLings on a regular basis, rather they can choose to monitor the price movements of the coin and not necessarily how much their investments have grown, because if they always track their investments, it could force them to make some rational decisions, such as selling at a very unreasonable time, probably when during a DIP or when they're making some little profits.

12
Basic Questions about Cryptos / Re: Bitcoin Votality
« on: May 29, 2024, 08:07:34 AM »
Inasmuch as Volatility has its advantages, it also has its disadvantages too, Volatility has made the market really unpredictable, and for those who prefer to time the market, it can be really disadvantageous to them as they can not really predict exactly when the price is low enough to buy more and when the price is high enough to sell, one can end up buying, thinking its the lowest the coin can go and then end up seeing more reds, thereby resulting to losses, and one can also end up selling at a price he feels he's made enough profits, and then the real bull run kicks in and he regrets selling.

Do you believe that being unpredictable is good? I believe that it is good that the crypto market is not predictable. Otherwise, people with more money will always have more money, and poor guys will never be able to make money. If people can predict the future market, they will loot the market, and there will be nothing for average people. It is the nature of cryptocurrency, not only Bitcoin.
Indeed, it's only fair that the crypto market doesn't only benefit a particular set of persons or favours some persons over the others, it gives everyone the same opportunity to earn according to their equivalence, everyone have exactly the same advantages and opportunities to earn, because everyone share the same risks, whether rich or poor, they both risk their money and both share the possibility of losses and gains.

You're also very correct that if the market were to be bias and favoured the rich over the poor, or that profits were determined or guaranteed by how big and large your investment was, then the rich would indeed exploit and loot the crypto market that there'll be absolutely nothing left for the poor.

13
Basic Questions about Cryptos / Re: Bitcoin or Etherum?
« on: May 29, 2024, 05:48:23 AM »
but i will not support the decision for going for any altcoin without first investing on bitcoin
So many people believe that after you've successfully invested in Bitcoin, the next available option would be filling your bag with altcoins and that way your chances of profitability is increased, while this could be true in some cases when you purchase the right tokens and is able to predict the short-term performances of those tokens, this could also mostly lead to losses rather than profits as you'll end up buying one of these pump and dump projects that are all over the crypto space now, and end up losing HODLing till the token has already been dumped.

14
Fraud in the crypto world will always exist because the crypto space is still very vulnerable and many people also lack concern about security. Making payments in advance without knowing what will be done with the money paid, is a big mistake that should not happen easily. Buying coins or tokens is normal in the crypto world, but buying coins and being promised a profit is a little suspicious.
This used to be the order of the day in the crypto world, especially when it has to do with buying and selling of crypto, naive investors were tricked into sending their bitcoin first before they can receive their money, or to send in their money first before they can receive their Bitcoin, and this has been used to defraud so many naive investors, and even those who have somewhat knowledge of Bitcoin and the crypto world, Hence the introduction of escrows and p2p services, but even im face of these services set to enhance the security of one's assets, people are still being manipulated and scammed of their hard earned money.

15
Basic Questions about Cryptos / Re: Is this the bottom?
« on: May 29, 2024, 05:17:28 AM »
I am sure now this is the Bottom and BTC now gains some power.
From the time when this post was made around January, till this time "May ending", we can all agree that the price of bitcoin as of January is not the same now. Which will make me say that bitcoin has gained some financial growth.

The closing price of bitcoin in January was $42,500, and the current price of bitcoin is $67,300. There's a big price difference. What we are not sure whether bitcoin will fall back to the same price it was in January
Inasmuch as past performances doesn't guarantee future results, but we could still boldly say that Bitcoin has truly shown some remarkable performances, considering from previous cycles and even till today, it has managed to maintain that performance.

The problem is that people do not really understand the concept of Bitcoin, many consider and draw judgements and make decisions due to short-term performances, without realizing that Bitcoin isn't like other altcoins and should be considered for its long-term potentials and only then would one reap the actual benefits of Bitcoin and avoid making hasty decisions.

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