Learning from your mistakes is a good thing, and you're lucky that you managed to do that instead of getting lost after losing your expense money at gambling, because so many people lose control at some point when they make such mistakes, and the second thing they know is they've taken and spent so many loans on gambling only to recover what they had lost initially, which doesn't make any sense but only for someone who understands and not someone who barely remembers how much they've lost so far because they are too deep into it.

It's probably not wise for someone to use money for gambling from the budget they've alloted for their monthly expenses, because gambling is something where anything can happen, we may enjoy it if we manage to win something and now have more money in our budget, but it won't be a pleasing experience if you lose everything, or at least a good portion of it, just like you, and then looking for people you can borrow some money from. Some people won't even get any money from others, and then they actually suffer for the whole month.

Wow, I must say that's a pretty unique idea for a giveaway. Every casino runs its giveaways and promotions, but we usually see most of them using the same type of giveaways and basically the same games or whatever methods they use for their giveaways, but I see that BetHog is putting extra efforts in this area as well.

That being said, I wonder how they will choose the winner, but what I'm thinking is that they will probably do it using a random number picker, by inserting all the numbers available in the giveaway, and letting the tool pick one number, and that number becomes the winning number, hiding the Ace, and the user who has selected that number, or have selected it first if they allow multiple users to choose the same number, that user becomes the winner.

This way, other users won't complain that they've been cheated or anything like that.

Nice example, but that doesn't happen to everyone, unfortunately. I agree that the prices of land and other real estate properties increase over time, but it also depends on where you've bought the property at, because not everyone gets 15x from the government or a private company to use their land for a project or something like that, and most people have to wait for 5 years to a decade before they get good returns on their investment if the land is at a place that isn't densely populated.

Anyway, about the mindset, I think it's not only about having an investment mindset but it's more about having enough understand about how you should do it and you should have enough managerial sense to be able to manage your investments properly because so many people make investments, but not all of them succeed and get their lives changed because of it, but only a few do, and that's because they understand the markets where they've invested.

I don't understand. Was it the card company that rejected you and didn't let your transaction go through, or the company providing the domain that didn't accept it and refused to provide services to you? If it were the latter case, I don't see any relevance to Bitcoin and it giving equal importance to eveyone, because it was the company that refused to provide their services to you probably because of the region you come from, and they must have regional restrictions or may have had bad experiences from other people from your regionn in the past.

Discrimination is something done by will, and it's mostly done by humans, Bitcoin is a decentralized payment system, so it would obviously not care who is the person behind the transaction because its job is only to get the transaction confirmed as long as it meets the criterian required. The miners don't have the right to reject specific transactions within a block as long as it contains enough fees and everything required for it to go through. That's the beauty of Bitcoin, it's truly decentralized.

Selling now and then buying back during the bear market is the best practice for those who are into long-term investments. If you had previously bought during the bear market, when Bitcoin was round $30k or something, and you are selling now, you have already made more than 3x with your investment, take your profit, keep it safe, and wait for the bear market so that you can buy at a lower price again, and then wait for the next bull run again, and then sell again. That's how long-term investors make their money, they don't sell, and then buy quickly after that.

Short-term traders are the ones who can have problems doing this, because if you are a short-term trader, even if you are selling in profit, you will still be hesitant thinking that if you sell, and the price goes up more, you won't have anything then, and you can't buy at a higher price because that wouldn't make sense as the market will most probably start dumping after that.

I come from a country where gambling is banned and prohibited, but let me tell you that people still gamble. There are mobile apps that allow you to gamble, without the need for KYC or anything, all you have to do is install an app, deposit money using your mobile wallets that we have in our country, and start playing immediately, and if you win, you withdraw in the same mobile wallets, without any KYC unless the amount is significantly high.

Now, let me tell you that even though advertisements and everything are banned, people are still doing it on Meta. I see multiple such ads every single day, and as far as I know, Meta doesn't allow promoting such things, but they somehow bypass that and run their ads, and they get customers that way. So many people gamble on these platforms, and lose a lot of money, government gets nothing because there is no regulation, and these private companies or individuals earn all the money through these businesses they are running.

You can't really tell, both have different business models and ways of making revenue, and both are really profitable businesses, given they have enough users using their platform on a regular basis. However, there is one big difference that I see between both models, which I think is an advantage for an exchange platform and a disadvantage for a casino.

See, in a casino, when someone wins a big amount, the casino has to pay them from their bankroll, regardless of whether they have made that much that day from other users' losses or not. For example, if someone manages to win $500k as a jackpot or something, while the casino itself has made only $300k in revenue that day, they will be at a loss of $200k for that day, even though they will surely recover that money soon, but it is what it is.

In an exchange, almost everything is done using the funds of their customers. Even if someone is getting liquidated in futures, their money doesn't just go to the exchange, but they are given to someone who made profit on the other hand. Like, if you have shorted Bitcoin, and I have longed it, if you get liquidated, I make profit, so the money from your liquidation is used to pay for my profits.

You forgot to mention the details about KYC that are present in the TOS, and another very important thing, a question that so many people ask before joining a casino, which is whether they allow using VPNs or not.

The KYC matter is very important, and every gambler should make sure that they check the section in the terms of services of a casino where they have mentioned how they handle this matter, because so many people join casinos, thinking they won't be asked for KYC, and then when they are asked to complete KYC verification during a withdrawal request, they get mad by saying that they didn't mention anything about KYC before. A casino won't inform every gambler individually about their policies, but they have it mentioned in their TOS, so we must read it.

The same thing goes with VPNs, people use VPNs before confirming whether they are allowed to use them or not, and then get mad when their accounts are blocked and funds are confiscated.

I think it's important for all of us to understand that even though we shouldn't allow our children near gambling, if a situation like that occurs, you should use your wisdom and handle the situation accordingly. For me, I don't even need to allow my kid to use my KYC information, but all I need to do is take the account or even the device from him, complete the verification myself, withdraw the funds, and then close the account after that. Once I'm done with that, then comes the time when I need to have a talk with him for doing what he shouldn't be doing.

I will first double-think about why he was able to do it in the first place. If I wasn't paying enough attention to him and his activities, and that's why it happened, then I will accept my mistake too, but if he was doing all that by hiding it from me somehow, then it's not my fault, and then maybe I should be a little strict dealing with the situation. However, I believe we should never be too harsh with children, because they can learn and accept better if you teach them with love and affection instead of force and aggression.

I actually agree with this. Gambling for fun doesn't always mean that we won't feel bad when we lose, but it means that we don't regret doing it, or overthink about the losses that we incur when we are gambling, which is what most people do when they are playing for profits, because when you lose your bankroll, you basically lose hope since you now have nothing that you could possibly use to make money from gambling according to your mindset, and that makes the person sad and frustrated, while someone gambling for fun will feel a bit sad, but they quickly move on.

Besides, when someone gambles for fun, they barely use amounts that they will feel too bad to lose, I mean they will know their limits, and they will always have a fixed budget that they'll be using for their gambling activities, so that even if they lose it, they might feel sad, but that doesn't affect them too much, both mentally and financially.

That's what matters the most, imo.

Good suggestion. Every user should have this setting disabled so that they don't receive PMs from newbies.

I've been noticing lately, that the amount of scams are on a rise, especially during the times when the cryptocurrency market is doing pretty well and Bitcoin along with other cryptocurrencies are going high. For some reason, these scammers become more active during these times, maybe because they want to make as much money as possible during such times and use it in the market or whatever, but I just observed this.

Besides such scams, when there is a bull run, we can also find a bunch of scams in the market, in the form of projects that try their best to gain as much hype as possible so that they can get a good number of investors and then they rug pull by selling the tokens in their possession and run away with the money, leaving investors in awe.

I think most people can relate to what you said because most of us, or maybe all of us, will have a hard time forgetting a loss, especially if it's of a significant size, and just like you, getting a few wins after the loss might reduce the pain or sadness of losing a large amount. This is the actual reason why every gambler or gambling expert always says that one should only gamble with what they can easily afford to lose, so that they don't have to deal with what we are discussing here. If you lose an amount that isn't that big, you won't have such a hard time forgetting about it.

I personally don't make large bets, be it sports betting or casino games, because I believe it's not worth the stress since the result can always go against you even though in sports betting it's mostly your understanding of the game that matters, but luck does show its power sometimes. I still remember losing a few games a couple of months ago where I didn't expect to lose at all, and those games were in parlays, and made me lose the parlays.

Even though the rules in our country should also be based on the religion the country is based on, alcohol production and consumption are taken lightly when it shouldn't be. If it's forbidden to drink alcohol by the religion your laws are based on, why are you allowing companies to produce and then brokers to sell alcohol to people? On the other hand, gambling is strictly prohbited by the laws, which to me, is clear hypocrisy because if both aren't allowed in the religion, they both shouldn't be allowed by the law, but since mafia's produce and sell alcohol and makes money, and the government gets its share, it's okay by them.

When it comes to the connection between the two, it could be said that people who do one of them usually do both, because someone who drinks alcohol will most probably do all sorts of careless things, and drunk people are often find gambling and losing money and properties, etc. So, even though it's not direct, they do have indirect connections with each other, somehow.

Well, it's all about financial management skills. The wise people said that earning money might not be as difficult as it is to manage that money, because your money will run out very shortly if you don't manage it properly, even if it's a lot. We often hear stories of people making so much money from gambling or from a lottery, but then they either lose it all back to gambling or spend it on things that don't last very long, and eventually, they get back to square 1 again, which doesn't make any sense.

When you have money, you should know how you should use it so that your future stays secure at least. If you can't make it enough for your next generations to have, it should at least allow you to live a good life without any financial problems, but that can only be possible if someone doesn't just buy materialistic things or gamble with the money, but make investments and start businesses with it.

Nothing is that difficult in this world, it's just that you should have enough sense to understand what's right and what's wrong.

A beginner shouldn't start making investments directly, but if they know they have understood things somehow and now want to start investing, they can start with as little as $10, or even less if someone is selling Bitcoin privately to you and you are not buying directly from the market. I'm not totally sure but I think P2P trading can allow lower amounts to be bought compared to open market where you place your order to buy using stable coins or other cryptocurrencies.

People who are often new to cryptocurrencies and have no knowledge about cryptocurrencies think and believe that you can't buy them in portions, and if someone wants to invest, they will have to buy one whole coin or token. That is the only reason why someone can think and say that Bitcoin is just for the rich because only the rich can afford to buy a whole Bitcoin now considering its price.
If someone comes to know that you can even buy fractions of it since it has 8 decimal points, they wouldn't say such things to begin with.

The real question is, can you ask the exchange these questions? And even if you do, are you going to get the answers you are looking to hear? I don't think so. The world has been running on this condition: Don't ask too many questions when you are being provided with the tools or services you require, because if you refuse to get them, someone else will, so the one giving it to you doesn't actually need you, but it's you who needs it.

We use these exchanges because we have to, we don't have enough functionality or anything in decentralized platforms that we can find in these, and since they stay operational or have been operational for a good few years, we tend to trust that they will keep our data safe, and we hand it over like that, no questions asked.

It's true, our data could get into wrong hands if they are using third-parties for verification purposes, but again, since they gained their reputation, their customers barely ask many questions about anything they do.

They can't do anything to the decentralized nature of Bitcoin by buying and owning a large percentage of its circulation. All they can do with that is manipulate the price if they want to by creating walls of sell or buy orders and forcing retail traders to either sell low or buy higher so that they can fill their bags with more cheap coins or sell their assets at a higher price with that manipulation. Their buying bitcoin in large numbers is only a positive thing for the market as a whole because the more they buy, the less there will be in the markets, and if demand increases, its value will increase too.

Coming back to the topic, of course, Bitcoin isn't only for the rich, because someone with even $10 can start buying Bitcoin, the only thing is that you won't be able to make much profit with a low investment, so one could say that the larger your investment is, the more you are going to benefit from Bitcoin, or other cryptocurrecies, but other than that, if we talk about its use cases, then it's obviously for everyone.

You should learn development if you have an interest in it. It will require time, of course, but with interest, you will learn fast if you also have a basic know-how of how things work in the development field, and nowadays, we have so many AI tools that can assist you with the process, but as I said, you need to know enough about the things before you can get any sort of help because you can't only rely on an AI and think that you can start developing stuff using an AI without any knowledge about how development work in the first place.

Even if you manage to collaborate with a developer and pitch them your idea, they might have an interest if they find the concept good and believe that it can sell, and then you can negotiate the terms of your deal, like you will either give them a fixed percentage of the profits gained by the game or a one time fee that they will get from you, but since you say you don't have funds, you can't have terms that will require you to pay up front.

It's all about discipline, as you said. People who are disciplined and gamble responsibly would not think that gambling is only a bad thing because it doesn't affect them or their lives negatively. Gambling starts to become a problem for you if you treat it like a source of income, a method for you to make money when it's not. You can't touch fire with your hands and expect not to burn yourself. You should have enough sense to know that it is not to be touched with bare hands, and if you have to touch or manage it, do it with something that helps you with it, and then it doesn't harm you.

Similarly, if you know that gambling is risky and it totally depends on luck, and you can't make money from it because nothing in it can be consistent, so even if you win one day, or two days, you are going to lose in the third day, and you might even lose more than you've won earlier. That's how gambling is, but if you use it only for fun and entertainment, you should be good.

Yep, slots with lower volatility could be useful for such contests, but then again, as I said earlier, that's only possible if you are allowed to choose any slot of your choice, from any provider, but most of such contests will have limitations on such things. They will either tell you which games you can use, or you can only use games from a specific provider, and some providers usually only have games with high volatility, such as Pragmatic. Most of their games have very high volatility, and it's very difficult for you to hit high multipliers with their slots.

If the contest gives you the free will to choose your games, and they only care about the multipliers you get while playing on their platform, then it can be more fun because you can try different games from different providers to see if your luck works in any of them, and then you might stand a chance of winning a prize because you now have a broader game menu to choose from.