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Showing 20 of 177 results by ₿itcoin
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Board Gambling discussion
Re: Does your luck shines brighter most with a particular casino?
by
₿itcoin
on 25/07/2025, 15:41:21 UTC
@dunfida, It's a blend of a successive winning and a gamblers fallacious logic. It's when a gambler keeps with the idea that if they earn from one platform or game they think "my luck is there", Or that the game will earn for them money every time, even though each round is independently random. A lot of times these way of thinking drives your decision making, Those who win go for the "heat" and those who lose chase after luck and try to retrieve what they lost. Casinos will use that for Thier advantage making you feel like your the one with the authority. So being sharp and careful is fundamental, keep your bankroll safe, and don't think a same casino is "due" to win next time.
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Board Gambling discussion
Re: Drinking vs Gambling
by
₿itcoin
on 25/07/2025, 15:18:49 UTC
So most countries legalised alcohol but not all countries allowed drinking of alcohol, so I quote you wrong that some countries restrict drinking of alcohol, but it's limited and that's why many people doesn't know that in some countries it's only the foreigners that's allowed to drink alcohol

Actually, gambling disorder causes high suicide rates, i think individuals with GD are at a higher risk five times more probable to commit suicide than the normal people. Yes, high alcoholic drinking also causes high suicide risk, but often gambling addiction is condemned and people are afraid to show it. With a lot of addicts not telling their losses and how stressed they are and hiding it and acting normal it makes it so hard to see to find and help them. Anyways while this two addictions are very harmful, i will say gambling is special, because it can not be detected easily and the high probability that someone has to hold all the burden by himself.
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Topic
Board Gambling discussion
Re: Do you think positive mindset keeps you winning?
by
₿itcoin
on 25/07/2025, 14:31:48 UTC
I think that a positive attitude can sometimes be harmful to a gambler. The thing is that there is an expression "your expectations are your problems". And this expression suits any gambler perfectly. If he is full of hopes for winning and has already mentally spent his winnings, then when he loses he will be so disappointed that he will feel much worse than if he had just been in a neutral mood.
So sometimes it is better to be calm and not expect empty hopes.

Positive expectations can hit you negatively because of the affect of the heuristic and disappointment theory. When a gambler always thinks about winning, losing what you have imagined will put you in more pain than a normal loss, it will make disappointment more deeper. Most often I saw that optimists don't stop betting after losses they keep on continuing while pessimists often take a step back and stop. So being chill and not thinking about it helps with the emotional aftermath, and with making good plans for the future, with emotional stability and makes you focus on the task ahead.
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Board Gambling discussion
Re: The "Lottery Ticket" Mentality
by
₿itcoin
on 25/07/2025, 14:03:54 UTC
All gambling is about luck though, sure you can go with favourites or whatever but if luck isn’t on your side you won’t win very often.
There’s nothing wrong with betting on a long shot though. It’s likely a lot more likely to win than a lottery ticket.

Staking on high risk bets leads to what is called the favorite-longshot bias, it is when the people that are gambling overestimate his small possibility of a big wins, even if all the odds and his chances are against them. you see, there are a lot of things that motivate as to take riskier bets like bonuses or big payout dreams. fundamentally that mentality merges a gamblers misconception, phantom of control and thrill-seeking dopamine hits. If your aware of the consequences and it makes you happy fine, but lean too hard it will be your own downfall.
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Board Economics
Re: France Wants People to Work More for Less
by
₿itcoin
on 24/07/2025, 17:21:00 UTC
France is setting up to cut two public holidays. Easter Monday & May 8 line up to save about €4-4.2 billion by raising productivity. But most of the polls show that nigh on 70% people are against this. Major trade unions and both left & right parties are also opposing. Probably because they actually earn money from these two holidays. But obviously they are not going to say that. You know, similar initiatives like Raffarin's 2003 -day of solidarity- failed amid strikes and confusion. Real savings look like symbolic compared to the debt. Sometimes I think it is shifting the burden to ordinary workers while systemic spending cuts and fair taxes go on untouched. It is something like first class political shenanigans, not real reform. Some were trying to benefit by cutting two holidays, and some others were unhappy.
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Topic
Board Economics
Re: Ensuring generational wealth
by
₿itcoin
on 24/07/2025, 15:16:42 UTC
I hear a lot of young people wishing they can build generational wealth for their kids. The kids of their kids and the kids of their kids' kids. But is it really up to us? We can build wealth now and leave all our assets to our kids but how can be sure they can protect the wealth and make it grow even more?

Honestly the best thing we can do is to teach our kids and hope that all the things we got to accomplish for them won't be put into waste. Build your portfolio now. Invest in assets that will be profitable in the long term so you can leave this to your kids.

You have to invest in longterm assets to build generational wealth. But to safeguard it for future generations, you need to teach them financial literacy prior. They have to understand budgeting, investing basics, risk management, and recovery as well. Encouraging entrepreneurship and passive income is also very helpful. Structuring assets through trusts or family LLC may keep them safe from debt, bad divorce, or poor financial decisions. Think about succession planning, adjustable family financial meetings, and even setting up charters or behavioral covenants. These things will help ensure that your legacy isn't just preserved, it's multiplied as well.
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Topic
Board Economics
Re: What Does "Being Rich" Even Mean Anymore?
by
₿itcoin
on 24/07/2025, 10:06:52 UTC
In some countries, the numbers are enormous (such as Singapore, Switzerland), and yet everyday life is stressful: long working hours, high rent, and a lack of free time. Meanwhile, other countries such as Norway and Germany are working on making life easier to ordinary citizens: less work, more leisure time, healthier, more trust
So I ask you:
- Has your life changed with the "growth" of your country?
- Do you feel more secure, or less?
- If you could choose, would you want more money, more time, or more trust in people?

afaik, countries like Germany and Norway consistently rank high in life-work balance. They have shorter work weeks, generous leave, universal healthcare and trust in institutions. I visited Germany, so I know their averages just around 33 hours/week. afaik they are fourth globally for life-work harmony. Meanwhile Norway has earned top marks in both happiness and trust. I just google it and got Citizen report life satisfaction around 7.3/10 on the OECD survey.

So, yes, more money makes a lot of money problems go away, but more time and social trust make people's lives better.
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Board Economics
Re: Investment is for everyone
by
₿itcoin
on 24/07/2025, 08:33:49 UTC
Starting small can lead to something big. Man, in most cases, Fortune doesn't build wealth. It's about consistency, managing budget, automating and investing properly. DCA taught by Benjamin Graham and popular in 401(k) plans, makes it easy to invest regularly and smooths out market swings. DCA with small sum can be useful to build discipline and get you into the market now, because timing peaks can miss opportunities.

I always hear people say that the best time to plant a tree was 30 years ago and the second best time is now. That very much applies to this market situation as well. The second best time to get into the market is now.
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Topic
Board Gambling discussion
Re: UEFA Champions League 2025/26 Season
by
₿itcoin
on 21/07/2025, 17:52:48 UTC
Vini is no doubt an important player for Real Madrid in both Ancelotti and this present Xabi Alonso's era if he wasn't Xabi would've tried to offload him just like he's doing with Rodrygo currently but he has a major role to play for Xabi Alonso when the season start that's why he's untouchable. Real Madrid is yet to bounce back hopefully we'll see a different Madrid when the new season starts, but right now Xabi has lots of work to do in the preseason by drilling his players to improve better and give their best ahead of the new season he also has to use this period to know the suitable positions that would suit soke players and help them do better.

A season has ended, Toni Kroos is not with Madrid. Last season, I noticed Madrid's unstable midfield and defense. Actually I know that the main reasons for this were the injuries of 3/4 defenders at the same time, right? They are very poor in the defender's position, as a result, we saw Tchouameni playing in defense.

Let it go, but you know this season Toni Kroos is not available, the most remarkable part is we will not see Luka Modric along with Kroos.. Where those due were the best and most important part in Madrid's squad. Losing these two players is undoubtedly a sizeable loss for Madrid. you could say they have many talented midfielders, but keep in mind that no one from them has sufficient experience. Only Valverde could now be considered the most experienced midfielder, lets see how the new manager solves this problem,
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Board Gambling discussion
Re: How do you see slots game?
by
₿itcoin
on 21/07/2025, 10:33:59 UTC
I recently hit a crazy multiplier x5601 on Sweet Bonanza. Just a small bonus buy and ended up winning $400 after the x1000 bomb dropped and hit. I’ve been enjoying it since then, though I don’t spend a lot of hours playing.

But ever since that win, it kinda feels like I’m slowly giving the money back. Been losing around $10 a day for the past week. I’m still in profit, but honestly, I’m starting to lose the excitement. The game doesn’t feel the same anymore.

It is a habitual misconception for gamblers that a huge win means you are due for another big win. emm, a common word I know, 'gambler's fallacy' or something like that! ! Whatever, come to the reality, on Sweet Bonanza each spin is independent of the last. After you hit a big your emotional system keeps chasing that tingle, causing even a tiny loss to become a knockout and destroy your mood. To keep your fun, you should treat that bonus buy as a solid buffer for profit, ten limit your daily losses, also limit your session, and you should have to reset your mindset by mixing in other activities. If the excitement wears off just walk away, don't force more spins to chase the hum.
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Topic
Board Speculation
Re: Is DCA Still the Smartest Strategy in This Stage of the Cycle?
by
₿itcoin
on 21/07/2025, 09:42:54 UTC
Timing the market often sounds smart on paper, but in reality, it leads to hesitation or missed opportunities. DCA takes the emotion out of the process and keeps you consistent which, over time, tends to beat most short term strategies. Even with BTC flirting with $120k, the upside is far from gone, especially considering long-term fundamentals and growing adoption. The fact that institutions are still buying at these levels says a lot. For anyone serious about building a long term position, DCA is still the way.

I would say keeping invested means consistent DCA smacks even perfect timing strategies by higher up than 2x in bitcoin. And with US bills like the Genius and Clarity Acts rolling out, institution like MicroStrategy & Metaplanet keep on with stacking bitcoin, it proves even pros lean into steady accumulation. So yes, DCA still comes first in, even when bitcoin is parabolic. So, Time in the market, not timing the market. If you once fall into 'when to buy' game you have to regret later.
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Topic
Board Speculation
Re: Is DCA Still the Smartest Strategy in This Stage of the Cycle?
by
₿itcoin
on 21/07/2025, 08:59:53 UTC
But I am wondering  is dollar cost averaging (DCA) still the best approach now?

imo DCA still works great! You could read this fantastic Kiplinger's post, even with bitcoin nearing 120K, institutional interest and volatility don’t rule out its long-term upside, whatever the price I will recommend staking your idle money monthly basis into bitcoin, instead of letting it decay into your bank account. For anyone in the world who believes in Bitcoin, any day is a good day for DCA, It warns against market timing, DCA smooths out purchasing over all price tip. So yes, if you trust Bitcoin then future is still shiny, DCA will pull out emotion and be apt to accumulate over time, even during the run-up.
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Board Gambling discussion
Re: How quickly do you forget a loss
by
₿itcoin
on 21/07/2025, 08:13:06 UTC
It depends on the type of loss. I would forget very easily a loss where I have deposited 25 dollars and I did like 5 super bonus buys of 5 dollars each, this is achievable with IDR as currency to buy the super bonus with 5 dollars in most Pragmatic games and lost all of such buys. What I won't forget easily is again a deposit of 25 dollars and start with bonus buys again but this time I go up to 800 dollars and because of the greed I lose everything. This is something very hard to forget as I had all the options to get a withdraw and get away, even enjoy some of that money. These type of lost sessions are very difficult to forget as you completely mess up yourself and this is very difficult to get past, you keep saying to yourself, I have to stop and you can't.

It is universal that big losses hurt much more than small losses, there is a loss aversion if you lose $800 it will hurts much more than losing $25. Yes both are money lose but emotion works here. About your second type, yes it always triggers feelings of guilt when you chase big wins and unfortunately ending up losing it all, cause sometimes its makes a sense that you should have stopped, which stay with you much longer. It actually makes vague rational decision making throughout large losses when punters often pursue losses because of the sunk cost bias & illusion of jurisdiction. If you want to cope, setting firm stoploss limits is of the essence with treating high budget sessions as entertainment, not a lucky chance to win back.
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Board Bitcoin Discussion
Re: your bitcoin is not yours.
by
₿itcoin
on 21/07/2025, 06:55:57 UTC
i am aware we all have different strategies and goals for our investments but i am sure that a lot of us are planning to hold bitcoin for the long term and it got me thinking what ways could we do to prevent us from being tempted to sell our bitcoins and spend it on unnecessary things

one way is writing off your bitcoins as not yours. that money is not yours to spend. just forget about it. the more you look at it, the more you will just want to sell it especially when you see the value of bitcoin.

do you also do this and does it really work for you?

My BTC is mission-critical retirement savings. Not for regular day usage. You know emotionally driven selling is habitual in bitcoin, so giving my coins a locked motive helps. It is always better to remove emotion from hodling. I've seen many trader to use DCA + trailing-limit orders to down temptation and pull out emotion from hodling. Psychologically, adopting the diamond hands mindset and joining HODL gang give strength to long term resolve. So making your BTC untouchable does work, but integrating that with rules, community support, and distraction-free strategies is even more functional.
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Board Bitcoin Discussion
Re: what is next for bitcoin?
by
₿itcoin
on 20/07/2025, 17:48:09 UTC
Right now I am not thinking about $150K, not even thinking about price range. If you limit the price range, then it likely seems like the end of the game. But the Bitcoin game won't end ever, and it will continue to grow; no one could prevent it. Don't bind Bitcoin with a price; let it grow constantly. Bitcoin will keep continuing to create history or new ATH and won't stop it. So next for Bitcoin is just ATH and then ATH again. This should be next for Bitcoin, to be honest.

I am not thinking of any unrealistic matter, because we are witnessing ourselves how Bitcoin is breaking its own ATH history. That's the power of Bitcoin. Since the world's institutional investors want to invest in Bitcoin and want to reserve it, including the US, we don't need to look back. Though sometimes we may see a dump for various reasons, ATH is next. So change your mind and don't limit the Bitcoin price.

Yes it is in line with the real trend mate, I liked your “no limits” mindset. We are currently hitting new ATH around $123K+, with $14.8 billion in spot-ETF inflows this year. The good thing is institutional whales piling in, with investors like BlackRock, family offices and public companies holding BTC in reserve. We are all predicting a range from $140K by year-end to $250K+ in 2025. Still, price declines are possible, pullbacks are normal, but long-term momentum supported by institutional capital and macro trends means Bitcoin is unlikely to end up breaking records. ATH today, ATH tomorrow, that’s the game. Wink
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Board Gambling discussion
Re: Banning gambling, would this solve the problem?
by
₿itcoin
on 20/07/2025, 10:58:17 UTC
If you straight up Ban gambling it is probably going to push those who are addicted to move underground. Gambling is here to stay so it is better to make rules and regulations to regulate the gambling. You know, UK's GAMSTOP self-exclusion blueprint saw a solid 19% leap in registrations this year, many punters opting for 6 month bans to get back control. UK MPs are also doing a good job treating gambling as a public health crisis. They are also doing well trying to keep kids away from addictive ads. They are nurturing teenagers in school dealing with odds, cognitive biases, and limit setting to chop risky behaviors among Gen Z. Regulatory measures like mandatory deposit limits and behavioral tracking put in place to help protect vulnerable users, especially Gen Z players who tend to be more emotional.


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Topic
Board Gambling discussion
Re: Why is it that most popular casinos use a black and green color combination?
by
₿itcoin
on 20/07/2025, 10:44:15 UTC
IMO that's a baseless claim by OP.

As it was pointed out by a a few posters above me, most casinos use dark or black backgrounds.
But let's see if OP is even a bit right at this.

The design of the casinos are very well thought around the psychology of people. The colour green generally indicates wealth, play and calm. Black is linked towards luxury and exclusivity. These colour compose make people think that they are in here for big money and premium vibes. Black UI supports less strains on eyes on longer sessions. Casinos pair them to make platforms feel authoritative, relaxing, and rich, perfect environments for keeping players engaged. It is never a coincidence. It is always designed to play with peoples emotions and control their behaviours to some extent (preferably as much as possible)
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Board Gambling discussion
Re: How annoying is KYC for crypto gambling?
by
₿itcoin
on 19/07/2025, 19:09:31 UTC
Personally, I do not mind performing KYC on reputable casinos, especially those with a good reputation, a partnership with this forum, or even a partnership with a well-known sports club. However, I probably wouldn't perform KYC on a casino site that does not have a partnership with anyone. We know that such casinos exist, and I avoid them. I think this is also important for people to be aware of, as there is a clear potential for misuse of data entered from shady casino sites.

Yes mate KYC is the biggest divider in bitcoin gambling. If I am using bitcoin, I expect privacy and skip invasive verification, that is the whole point. A no-KYC policy for bitcoin users up to a solid threshold makes sense, it respects user privacy. If KYC is required, it must be fast and minimal. No delays, no nonsense. Clear rules, instant withdrawals, that is what builds trust and keeps users coming back. Anything else, people will just move on.
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Board Gambling discussion
Re: Does your luck shines brighter most with a particular casino?
by
₿itcoin
on 19/07/2025, 18:44:00 UTC
Are you most lucky on winnings with a particular casino more than you do using any others?
Yea you got that question up there right! Cos it just dawn on me during my quiet time yesterday as I was thinking about the different gambling platforms I have been using for my gambling activities, that there this very gambling site I have had much winning luck 3x more than the other online gambling platforms I have been using.
Am I the only one that have observed this. Perhaps some of you too might have also observed it and have concentrated much playing time with that very gambling platform more than the rest.
Are there gambling sites where your luck shines much brighter than most? Or it's just coincidence taking it course.
Totally just that coincidence when it comes to this but pretty much sure that 100% all the time on which gamblers will be that thinking up that they are that lucky on a particular gambling site or casino at the time that they would be playing on. They will be having those mentality that on the time that they've been making a huge money into a casino then they would be trying out to remember it out and once they would be able to test out some new platform and turned out to be having that shit result or outcome then the primary thing that would be coming up into your mind is that you would be going back into the casino on where you are before because it do give out that much more better results than on the current one. You would definitely be thinking up this way and thats a normal mentality of most gamblers. We would be sticking into those places on which we are that making money the most.
You would be needing up for yourself to be that having that kind of approach that luck do comes randomly and there's no way that you can find yourself that being lucky all the time at the moment that you've been dealing up whether on an old platform or the recent one that you are that dealing on with. Everything would come random and thats why you should be that careful and realizing at least so that you wont be finding yourself that keeps pushing on playing out just because you've been that trying to make out those results that would be getting in line on what you do wanted. Thee are just that those situations that you've been that becoming that too optimistic of the results on which this is very wrong. Always be considerate that house that always win at the end and the most important stuff on here is that you do know on how to make yourself that be accepting it out.

Many gamblers, especially the amateur ones seem to have bias, people tend to remember wins from one platform more than the other, convince themselves that a certain platform is luckier, also tend to stick with it. You know most of the gambling case platform preference is driven by illusion of control, not by the actual odds.  Even in provably fair games, every outcome is random. Even if it sometimes feels like wheel spin looks familiar or payout lineups are in favour. It is always a good idea to use secure sites, manage bankroll and another big thing to remember is that every session resets odds. Chasing a “lucky site” is most probably a bad idea. It is better to treat each platform as equally unpredictable.
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Board Bitcoin Discussion
Re: Is Bitcoin just for the rich?
by
₿itcoin
on 18/07/2025, 19:51:53 UTC
If you can take risks, then Bitcoin is the most profitable for You. Many of us know about Bitcoin, but we cannot take risks. Without risks, no one can succeed by investing here.
Investing in bitcoin is not just about taking risks. Risk-taking in bitcoin investment is very common among beginners who enter bitcoin investment simply because they want to take risks, but this approach often does not help them. In the end, they are unable to invest in bitcoin effectively because they do not understand it well. Having an understanding of bitcoin makes everything easier; with understanding, one is able to assess the risks involved in investing in bitcoin.

Merely taking risks to invest in bitcoin will certainly lead to purchases, but it won't sustain an individual in bitcoin investment. The most important factor when it comes to bitcoin investment is to understand bitcoin and then take the risks you can afford. Bitcoin investment goes beyond risk, and if risk is the only reason for investing, you will ultimately fail.

Bitcoin upside movement is not always about the gut feeling, actually nowadays it is mostly about sober fundamentals. Big institutions and companies are putting a lot of money in. ETFs saw $14.8B inflows in 2025 alone, and regulation in different countries about bitcoin is finally aligning. Credit goes to the Clarity, Genius, and Anti‑CBDC bills. I've seen ARK Invest actually models up to 19.4% allocation for optimized risk-adjusted returns, you shouldn't be surprised when you realise they do not totally believe in bitcoin. people who actually believe in bitcoin allocate hundred percent of their portfolio to bitcoin in general. Long gone are those days when bitcoin was just about speculation. Now it is a tech-powered store of value and long-term wealth vehicle if you Hodl wisely and not trade recklessly.