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Messages - Dr.Bitcoin_Strange

Pages: [1] 2 3 ... 60
1
Gambling discussion / Re: Is Gambling for All?
« on: Today at 05:33:16 AM »
If you are experienced or not doesn't matter. In gambling you have to depend on luck. If you are lucky then you can win a big jackpot. If you are experienced all you can do is to be a bit more cautious. So I believe everyone can do gambling but it would be better if they take it as a fun. It is true that you can win occasional jackpot but it is not to be taken as a source of income.
Inasmuch as luck and chance plays a very vital role in gambling, it doesn't mean that's all you need to be a gambler, yeah it's true that at some point in the beginning of every gambler's gambling life, they depended mostly on luck but gradually gained knowledge and experience as they advance. But it wouldn't be completely true to say that luck is all a gambler needs to succeed in gambling.

Besides there are games that need less luck and more knowledge and experience, such as card games like poker or blackjack, your success depends on how knowledgeable you are in that game and what level of skill and experience you've managed to gather in the long run.

You are absolutely right when you talk about how to do it because you have experience in those games, I am more into playing black jack, but not counting cards, because I think that in back jack games you have to play with the full maso of the 54 cards and not two or three more, because it cannot be counted there, then poker is much more strategic and can always be defined in one of the things that people like the most, poker raises many emotions, they come together in context In order to generate the adrenaline necessary for other players to bet more and more, that's where the experience comes in.
Counting cards is sure a lot more challenging when the full deck of 54 cards is being used, and a situation like that requires a totally different strategy.
You're also correct about pokers games, I think poker is a lot more intense and highly strategic, and it's ability to evoke strong emotions is what makes it really thrilling and exciting too.
It requires strategy, experience and skill to be able to navigate your way around the game, especially the psychology aspect of it, such as situations that requires you to read your counterparts' body language and gambling strategy in other to be able to counter them effectively.
Poker requires you to have a deep understanding of the human behaviour, and this is exactly what makes the game super complex to play, compared to other card games.

2
The sole responsibility of  schools and other learning institutions is to shape the young minds and equip them with essential skills they'll mostly be needing in life, and that includes responsible decision making as well as how to prevent getting addicted.
So yes, in a country where gambling is legalized and without any age restrictions, gambling education is necessary and should be included in the school curriculum because gambling has lots of dangers and if not informed, children can easily fall into these dangers without even knowing it, so it's important to prepare their minds in time to avoid situations like that.

3
Gambling discussion / Re: Telegram Casinos
« on: Today at 05:14:32 AM »
I don't trust anything that comes from Telegram, it's full of scams, fraud and many other ponzi schemes you can think of, even trading scams can found there. Sometimes, this scams group are target to people in some certain groups, if you don't do some settings and changes some privacy from the app, they will add you to these and if you are new to th group, you will definitely becomes a victim of them. So, I advice to avoid telegram and just use the normal casinos.
All you need to do is verify and avoid PMs you never started unless you requested them to message you first. Only engage telegram casino from official source, its either from their website or from their official social media handles, the rest are considered fake. You don't need to assume that everything came from telegram are scam because some are legitimates and provides lots of information on specific niche.
I think the problem is that people are just too ignorant and greedy, and that's why they mostly fall into these telegram scammers' net. If people were to stay more informed and updated on their areas of interest, be it crypto or gambling, or what have you, then the possibility of being scammed wouldn't be this much.
Telegram is a very safe place to carry out your activities, I'm not saying there are no scammers or fraudsters there, sure they are but if you know what you're going there for and if you stay focussed, you'll be able to dictate any scam attempts on you and possibly avoid the.

4
What about you? Do you suffer because of gambling, or is it not worth the time to keep P&L since it's not significant?
Only irresponsible gamblers suffer from gambling, gamblers who are not principled and gamble above their budgets in amounts that they cannot afford to lose.

Responsible gamblers will always find a way to make sure that gambling does not encroach on or affect the other activities of their lives.
I think one part of gambling that people always miss, is the part about making sure that one's emotions are in check, because if a person's emotions are not in check while gambling, that's when it can lead people to making impulsive decisions due to emotional imbalance. Sometimes it's easier to say they'll not gambler irresponsibly but when they're faced with the situation that requires them to use their  brains and not their emotions, they always default, sometimes without even knowing it.
That's one crazy thing about gambling problems.

5
Gambling discussion / Re: Gambling In Crypto
« on: Today at 04:52:25 AM »
Recently I have started to gamble with crypto, and other coins. Looking to speak with anyone who has had similar experiences. I find it much more effective than gambling with fiat. Let’s use this thread to discuss pros/cons and how us users can improve it!

Thanks!

I'm also new to gambling with crypto and find it pretty interesting. The transactions are fast and it feels more private than using traditional money. Would love to swap more tips and experiences with you on this!
Every methods has its prons and cons, even in crypto gambling. Let's take for instance, online betting platforms that accepts bitcoin as a medium of payment, yes we're veey mucb aware how fast, reliable and safe bitcoin transactions can be, but how about times that the market becomes too congested and the transaction fees becomes really high like we've seen in previous times, would you still feel like its the best option or would you run back to the old traditional method of payment?

6
Gambling discussion / Re: Is it right for a lady to gamble ?
« on: May 10, 2024, 05:31:52 AM »
There should be equality in gambling - both women and men should have equal access to losing their savings. Moreover, everyone has a chance for luck, regardless of gender. Therefore, no one should be forbidden to do anything
Very true, I think it's very wrong to bring in gender inequality in gambling, because gambling requires using the mind to develop effective strategies that works for you and as far as I'm concerned women can also do that too.
Besides, women are believed to utilize their brains more than men, so when it comes to being in control of one's emotions during gambling and keeping a levelled head which are both important aspects of being a responsible gambler, women can also stamd out and do a more bettee job than men.

7
Gambling discussion / Re: should gambling be completely banned?
« on: May 10, 2024, 05:27:02 AM »
The problem has never really been the casinos but people's and individual approach towards gambling.
Because the same gambling that's causing a lot of people crazy ass losses and frustration is also the same activity other people indulge themselves to have fun and relieve some mental stress.
So rather than expecting the government to issue a permaban on casinos, people should be more concerned with developing themselves and taking charge of their lives because that way gambling will have less negative effects on people who indulge in it.
Anyone that is so self-centered or that was addicted to gambling and gambling took a lot of money from will be talking in a way that gambling should be banned. Also some people that their parents and mosque have been teaching the lesson that gambling is not good can be saying something like that. But who wants gambling to be banned are like someone saying knife 🔪 should be banned because it can be used to kill. But everyone home has knife.
And it all comes down to individual perspectives and reactions towards gambling.
That's a very good illustration and a perfect example to explain the situation about wanting to place a permanent ban on gambling. There are people who are actually gambling responsibly and haven't actually felt the negative impacts and the bad sides of gambling because their emotions are in check and they're only gambling for the fun. So gambling can't be completely banned because some people can't control themselves.

Instead there should be regulations set In place to normalize the rate of gambling and make sure the negative effects of gambling is reduced to an extent.

8
Gambling generally comes with winnings and losses, everyone wins and everyone loses, but it completely depends on one's individual approaches to know if they'll stay in profit after winning or if they'll gamble away the little win theyve been able to secure.
Some gamblers are just to greedy that even if they win, their wins are never enough for them, either because they keep record of their losses and decided to recover it all that day and of course we all know how that usually ends.

9
By taking taxes from crypto transactions, it shows that the government has accepted the presence of crypto, although not completely. Because we can't use crypto as a payment method yet, but it is possible that the government will allow it in the future.
I know taxing crypto transactions may actually portray some level of acceptance or recognition, but that actually doesn't mean they they've fully accepted crypto, let alone allowing it to be adopted as a method of payment, i believe the only reason they're showing somewhat level of interest and acceptance is simply because they're also benefiting from every transaction.

The government are only motivated to tax crypto transactions simply because they're also sharing the profits offered by cryptocurrency, rather than fully adopting and accepting it as legal tender.
As a matter of fact, the government taxing cryptocurrency transactions could actually be a their own method or technique to gain control over the market and try to regulate what happens there in every possible way they can.

10
Cryptocurrency discussions / Re: Anonymity - good or bad?
« on: May 10, 2024, 02:41:01 AM »
If you want to keep secret about something and if you keep it secret then it is definitely good for you. I think that in all cases one should keep to one's privacy because when one can keep one's privacy then people will not talk about me so much or people will not care about me so much. When the other person will know about my affairs and if we ever have a bad relationship with him, he will try to harm me in that regard. So whatever work we do if we can do it alone then we should protect the confidentiality of that work.
You're absolutely right.
The less exposure you get and the less people know about you or your business, the better for you, especially when it comes to crypto currency, the crypto space is filled with lots of risks and challenges, risks from scammers and hacker, and challenges from the government.
We're all fully aware that the government has always been against the idea of crypto so since they're not able to entirely eradicate crypto, they sort for means to extort crypto holders, so in times like this, the best thing is to stay anonymous and hidden from these dangers and challenges.

I will always be a fan of Anonymity, of privacy and governments do not like that we have that right, because they want to have control of absolutely everything, where they cannot have control with our cryptocurrencies and the only way is to put them. in your hands. our data through the platforms, I think that is a danger because they can play tricks on us, I think that we have to manage everything from the most distant point of view of things that are very difficult and that put us in danger, so To Avoid these things, and the fact that data enters the web with records of how much money is on the platforms, it is good not to participate in this KYC.
All you've said is correct.
Cryptocurrency has indeed removed the power to make all the financial decisions from the government and has transferred that power to the individuals, now individuals can decide on what happens to their money, without being questioned or interference from other central authorities.
This has indeed been the problem of the government with crypto investors, they often say damn these people are just making so much money in our country and we don't even get to decide on how they spend it or get any share from that money, and this is exactly the reasom why the government are juat so interested in fishing out crypto investors all look for ways to extort and also swindle from them.

11
Cryptocurrency discussions / Re: Anonymity - good or bad?
« on: May 09, 2024, 06:27:27 AM »
If you want to keep secret about something and if you keep it secret then it is definitely good for you. I think that in all cases one should keep to one's privacy because when one can keep one's privacy then people will not talk about me so much or people will not care about me so much. When the other person will know about my affairs and if we ever have a bad relationship with him, he will try to harm me in that regard. So whatever work we do if we can do it alone then we should protect the confidentiality of that work.
You're absolutely right.
The less exposure you get and the less people know about you or your business, the better for you, especially when it comes to crypto currency, the crypto space is filled with lots of risks and challenges, risks from scammers and hacker, and challenges from the government.
We're all fully aware that the government has always been against the idea of crypto so since they're not able to entirely eradicate crypto, they sort for means to extort crypto holders, so in times like this, the best thing is to stay anonymous and hidden from these dangers and challenges.

12
Those are quite fine points to consider and I believe a lot people haven't really been seeing the whole Bitcoin and altcoins relationship that way.
Although the belief have been that altcoins needs Bitcoin more (that's if bitcoin even needs altcoins) because Bitcoin's popularity and status has actually paved way for altcoins surface and thrive in the crypto space. So it's mostly believe that whatever popularity and altcoin attains in the crypto space, it's definitely because of Bitcoin.

And then the only benefit of altcoins to   Bitcoin or crypto space at large that were very common amongst crypto enthusiasts is that Altcoins is believed to have offered diversity as well as innovation, now people have variety of options to also consider and divert their investment to, which actually helps to keep the crypto space vibrant and considerable for investors and other users.

13

         -  That's also the reason I'm thinking about why it was said that this is the last bull run. Well, I read something that says Bitcoin's last halving will be until 2040. But anyway, maybe the best thing for us to do is to continue studying here in crypto or bitcoin and try to save money that we think will also give us future profit.

This is the only thing we can do in these times, especially since we are in a bull run now that many expect or wish to get profit from Bitcoin's rally.
There is still time for us to learn and invest in crypto, if the last halving will occur in 2040. I personally don't think about the last halving but am more focused on the halving this time and are bullish next year, according to many people's predictions,
Well yeah I think that is the best thing to do here to prepare for something big in the comming years especially during the four year cycle. But still we can make profits with the down trend but it will require a skill to not be able to lose during the bear market or if we don't like stress we can do DCA.
Most definitely, DCAing through this current market situation is undoubtedly quite a formidable and effective approach towards Bitcoin accumulation because it'll help one to keep his emotions in check and overlook the current market fluctuations while it also gives you an opportunity to buy more when the price is low and less when the price is higher, I think that's just the best approach to employ when accumulating Bitcoin, rather waiting for the right time to buy.

14
Cryptocurrency discussions / Re: Do you still believe in old coins?
« on: May 09, 2024, 05:58:23 AM »
...but holding on to old coins doesn't actually guarantee profits in the long run, there are old coins that are currently at the verge of a crash and obtaining them or holding on to them right now could still be considered being zombie hunted :D :D.
Yes it is not all the old coins profitable but it is still good to invest in old coins because they have been in the space for years so there is this mindset that they can do well one day and it will not collapse but the new projects are not like that you will have faith in the them because many came and don't stay long.
That's correct.
Like I said since they've been around for a long time, they have an added advantage of longevity and they are believed to be a lot more solid and safe to buy and HODL, unlike the relatively new ones.
Today it can be really difficult to choose or find a good project to invest in because most of the project that comes into the system are either scam or doesn't have the strength to withstand the trial by fire of the crypto market, some of them end up crashing before you know it, not because the developers intended for it to crash.
And these factors contribute to the the reason why people now feel a lot more comfortable investing in old tokens.

15
Basic Questions about Cryptos / Re: Why bitcoin
« on: May 09, 2024, 12:46:21 AM »
However, nowadays, most people are interested in Bitcoin or cryptocurrencies because they have volatiles values and they go up and down which creates opportunities for them to gain profit when they buy them low and sell them high, but the properties and benefits of Bitcoin are unmatchable despite all other things.
That would've been a lot more easier than it sounds if it was possible to predict the direction the market would go. The market can be in red right now and immediately you predict for the market to continue in red, you'll automatically start seeing a green, so it's really not possible to predict the market accurately. Even if you've made some lucky guesses and maybe manage to get it right, there's every possibility of the market to switch to another trend at anytime.

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