If someone tells me that they want to trade in the bitcoin market but they have no idea how it works, my advice is to tell them not to do it, that it is not correct to enter the market and gamble, it does not work like that, maybe if they do he does and is lucky he wins, but in the long term that luck will run out and he will lose everything, trading is not luck or guessing, you know, and we have to take that into consideration when operating.
What I told him is that he better go to a casino and manage his money there, I know that he will still lose it but at least he will enjoy the games, whereas in trading things are not like that.
it would be best to do neither and choose to set up your own gambling business. What I told him is that he better go to a casino and manage his money there, I know that he will still lose it but at least he will enjoy the games, whereas in trading things are not like that.
gambling and trading both use strategies and usually those who use that strategy will be based on luck. so doing both is just a waste of money if unlucky but better to set up your own casino is more profitable.
yes, indeed, maybe you think that going to gambling can manage finances in gambling to last longer towards luck. but the question is, is he able to control himself not to be emotional? the longer in gambling will increase the boredom and turn into emotion. at that moment will also lose all the money.
I think that those guys who organize such gambling sites must have an investment of several million dollars. So it's very difficult. You also need to get a license from Curacao or from the UK regulator, which is also expensive. So only very rich people who are still well acquainted with the online gambling market itself and the financial policy of successful casinos can afford to organize a new and also successful casino.
And of course, such a casino will require KYC from customers so as not to violate the laws of the country where it is registered.
but what I mean is if gamblers really want to get a lot of money or a definite income, it is better to set up their own casino than to waste money on gambling without clear benefits.
of course the casino still enforces KYC when the casino is registered with a licensing company like curacao. because licensed casinos from curacao usually require KYC for certain issues.
actually doing KYC on a gambling site that is popular and has a good reputation a long time ago, for me is fine. unless doing KYC on a new gambling site I am very careful to do that.
therefore it is important to use small funds first when trying out a new casino. with small deposits and bets, the casino will not force gamblers to submit KYC documents. although some may indeed require KYC for all members to make withdrawals.some gamblers are indeed more comfortable with their anonymity. but some will not consider KYC. even those who are hunting for referral bonuses or even new casino user event bonuses also consciously do KYC to claim bonuses. it all depends on the perception of each.
And if you are ready to do KYC on a popular gambling site, you accept the consequences of using large amounts of money to gamble. And by doing KYC, you will not experience problems like other people who will be asked to do KYC when they win big.
Well what happens is that when we Play with little money it is normal that if you win it is little,but this is where the culture of the good player comes in , that at least I see the game as a business, that is, if I play and I get profits that for me is enough , it doesn't matter if it's a little bit , a profit no matter how little it is, it's a profit,those who want to win more , they have to bet more money, and obviously if they bet more,the profits are older, but the Risk is too high, I will always be inclined to play moderately and allow myself to lose the money I have willing to do so.
for gamblers who bet for fun it would be better to bet using a small amount but can enjoy every bet and when he loses, he also won't feel very disappointed. because the money lost in gambling is only a small amount and you can afford to lose.