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Moontong

Investing over gambling.

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Well said mate gambling always injuries to our wealth, so many websites claims they gives good rewards when we win their gambling games, but in reality they just try to addict against their gambling games,once we totally addicted then we loss all our money and some peoples commit suicide also so everyone try to avoid this gambling games.

 

Investment always better option to compare gambling, because when we choose any plan we knows the term and conditions and we knows how much profit we earn, if our investment plan goes against us then we immediately stop the investment plan to recover our fund's.

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2 hours ago, Honny143 said:

Well said mate gambling always injuries to our wealth, so many websites claims they gives good rewards when we win their gambling games, but in reality they just try to addict against their gambling games,once we totally addicted then we loss all our money and some peoples commit suicide also so everyone try to avoid this gambling games.

 

Investment always better option to compare gambling, because when we choose any plan we knows the term and conditions and we knows how much profit we earn, if our investment plan goes against us then we immediately stop the investment plan to recover our funds.

Gambling is normal and it is really part of our society but always be in control whenever you are playing, you have to know your limitations in gambling, you should also limit your budget when gambling. If you are going to read some articles you may see those big people who lost all their wealth because of being an addict to online and physical gambling. 

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8 minutes ago, Moontong said:

Gambling is normal and it is really part of our society but always be in control whenever you are playing, you have to know your limitations in gambling, you should also limit your budget when gambling. If you are going to read some articles you may see those big people who lost all their wealth because of being an addict to online and physical gambling. 

Sometimes gambling games relax our stress but when?, when we take this gambling games for time pass, and when we know the limitations like yobit exchange also promote gambling games to claim daily rewards, if we play 20 to 25  games because of the rule to claim reward its not effect our earning, but we play this games seriously then maybe cause to loss our money.

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Honestly, I do not advise anyone to gamble because you may become addicted and lose all your money in one moment, and this is very bad, I prefer to invest in a security site such as the Yobit through which you can make good profits on daily 

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Investing means that we have done research and we bought into a company, project or startup that we believe it may have a chance of succeeding. A company that manages to sell their product to millions of people is what everyone is looking for. In crypto we are looking for projects that their coin will be bought and used by millions of people as well.

The problem with crypto is that currently nothing is being used as it was intended besides speculation.

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Depends on which one you find comfortable and profitable. I prefer trading 1000 times to gambling as I don't have any luck with it but that doesn't mean every other person should prioritize trading. It is a matter of choice, just put your investment where your mouth is, where you have full control in it.

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12 hours ago, mhmd7 said:

I do not want to enter into this kind of illegal profits, nor do I want to know about the sites you work in and that the possibility of losing them is very great 

There is always a misconception about gambling, there are some gambling that is allowed by the government and authorities they have their papers so they cannot be considered as an illegal activity. You know what, most of the physical gambling is owned by some government officials.

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I used both gambling as well as Trading also . we should control our emotions and feelings felling while we are working their . 70% people are fail while trade and gambling because they want to earn money thousands of USD in one day  ( that's is impossible as a beginner ) .

trading and gambling both are profitable when we have good knowledge and experience in it .

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Gambling and Investing is very different, yes both can earn you money and both can lose all your money. I am on investing rather than gambling, because the chances to win in investing is it depends on your knowledge and hardwork, but in gambling its all about luck, yes we can use knowledge but its purely luck that we need to that. 

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1 hour ago, bino said:

Gambling and Investing is very different, yes both can earn you money and both can lose all your money. I am on investing rather than gambling, because the chances to win in investing is it depends on your knowledge and hardwork, but in gambling its all about luck, yes we can use knowledge but its purely luck that we need to that. 

Actually, gambling is not all about luck because there are still some gambling games that require knowledge and skills to win, such as blackjack, poker, etc. I am also into investing because you can earn money from it if you invest for the long term.

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I agree with you in the sense that gambling is addictive and there are many people that do not know when to stop and this is what results in major losses. At the end of the day it is our greed that drives us to gamble. Investing is a much better option over gambling. Sure with gambling you have the possibility of making more profit, but there is also a much higher risk. In investment you can be assured that the amount you put in will grow over time. And as a result you will definitely accumulate profit with time, making it the safer option and much better for people that cannot control their gambling habits. I would recommend investment over gambling any day. 

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I have had people who said to me that gambling is trading or investing in trading, while its true , there are similarities, the truth behind trading is that there is a lot of work done, and lose can be controled, but with gambling, losses , and winning ratio are not at all related the house always wins but we have to wait and see

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The two are almost similar but its true investing is one that you can have control and its actually more of a business, so is it fair to call them gambling?, to me I dont mind , as long am making money and in the end am actually going to rejoice in what I get

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Yes my friend you are correct on this content that you made. Instead of gambling our money on different website we must put them on investing because investing is you can assure your income if you have knowledge about on how investing works while gambling have no assurance that you can get and for me gambling is just a game of luck.

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Gambling is very harmful, especially when you are addicted to it. If you are a beginner, you should stay away from it, especially when you are in the stage of collecting funds necessary to enter into investment or trading, and when you have sufficient funds and wanted to play gambling, avoid playing with capital.  Play only with the money you make from your investment or day trading

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It is always depending on people how they spend their assets, for me i personally like spending it on investment rather than gambling because i know to myself i have no luck when it comes on gambling.

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On 8/13/2020 at 2:15 PM, Moontong said:

Gambling and investing are both parts of being involved with cryptocurrency, there are many gambling websites online and you can use cryptocurrency as your money to play. There are many people who also addicted on I because they say that it really gives good entertainment and hey find happiness on it, well that is true but the bad side on it is when you get addicted, there are many gamblers who lose their money and properties because of being addicted in gambling.

 

The point here is that, instead of spending your assets or cryptocurrency in gambling, better to invest it in a good and legit website. It will ave your money and it will make it profitable in the future. Gambling is a normal thing but you should know how to limit and control yourself upon playing.

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@Moontong there has a big difference  Between gambler and investor and YOU have to know this..usually those people play gambling who has enough money to live and they cant find out another way to waste  their money so they choice gambling..also gambling give them happiness but no matter they lose or not because they have much amount of money.. Again a investors is not much rich that he would play gambling as he know gambling mean lose money..so a Investor always think how to make profit from his money except gamble.. Hope you understand                           

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9 minutes ago, Dorjoy12 said:

@Moontong there has a big difference  Between gambler and investor and YOU have to know this..usually those people play gambling who has enough money to live and they cant find out another way to waste  their money so they choice gambling..also gambling give them happiness but no matter they lose or not because they have much amount of money.. Again a investors is not much rich that he would play gambling as he know gambling mean lose money..so a Investor always think how to make a profit from his money except gamble. Hope you understand                           

@Dorjoy12 I know that there is a big difference between investor and gambler, as you can see that is what I have said on my thread, there are still unfortunate people who do gambling because they sometimes considered it as their source of income, don't be a stereotype, it's not that if you are rich then you go for gambling and if you are not poor then go for the investment. Both with different society can do both things its up to them but the best thing to choose between two is to invest just like what I have said above.

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1 minute ago, Moontong said:

@Dorjoy12 I know that there is a big difference between investor and gambler, as you can see that is what I have said on my thread, there are still unfortunate people who do gambling because they sometimes considered it as their source of income, don't be a stereotype, it's not that if you are rich then you go for gambling and if you are not poor then go for the investment. Both with different society can do both things its up to them but the best thing to choose between two is to invest just like what I have said above.

@Moontong you way of think is totally right.. But the poor one who play gambling to income cant be success anymore because in gambling 90% money taken by casino and 10% given to the gambler so its impossible to income from gambling.. Sooner or later you Will lose your money.. Yah poor people also play gambling but they dont gamble like a rich one do.. So there must be difference and the poor people prefer invest more than gambling as they think with fresh mind About Their hard earned money while rich one Don't think so..                     

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5 minutes ago, Dorjoy12 said:

@Moontong you way of think is totally right.. But the poor one who play gambling to income cant be success anymore because in gambling 90% money taken by casino and 10% given to the gambler so its impossible to income from gambling.. Sooner or later you Will lose your money.. Yah poor people also play gambling but they dont gamble like a rich one do.. So there must be difference and the poor people prefer invest more than gambling as they think with fresh mind About Their hard earned money while rich one Don't think so..                     

We can totally say those things because we dont have any statistical records, if yo dont midon'tow sure are you with those words, do you have any basis about it? 

Poor people.should do the things you have said but we don't control their mind, they can do whatever they want to their money and we also don't know if they spend it in gamble or in investment.

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I will go on investing crypto rather than gambling. Because i am a kind of person that don't depends on luck but in patience and work hard so i much prepare on making investment than gambling.

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i agree with you, if any one use his coin for gambling there is big percentage to lost his money, the true is to use it in good investment.

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My friend told me to play with him gambling

I waited to see the result

He lost all his money and the cryptocurrency he had amassed

Gambling takes luck, and I don't think we are ready to put our money under the influence of a stroke of luck

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43 minutes ago, hossamm94 said:

In cryptocurrency trading, you should not fall into an addiction to day trading, otherwise, you will lose all your money. The addiction to day trading is so bad that it leads to the loss of all you have.

That's true, everything that will make you addicted to it will be so bad for you. You should always limit yourself from everything, you should know how to control your mind not to be addicted on such crypto activities.

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On Wednesday, May 1, Germany and many other EU countries will have a holiday – Labor Day. However, the United States will continue to work on this day. First, the ADP report on employment levels in the private sector of the country and indicators of business activity in the manufacturing sector will be published. The most important event will undoubtedly be the meeting of the FOMC (Federal Open Market Committee) of the US Federal Reserve on Wednesday, May 1, and the subsequent press conference of the management of this regulator. In addition, on Friday, May 3, we traditionally await another batch of very important statistics from the American labor market, including the unemployment rate and the number of new jobs created outside the agricultural sector (NFP), as well as revised data on business activity (PMI) in the US services sector.   GBP/USD: US PCE Hindered the Strengthening of the Pound   The preliminary statistics on business activity in the United Kingdom released on Tuesday, April 23, were mixed. The PMI in the manufacturing sector of the country crossed from above to below the growth/fall boundary, and with a forecast and previous value of 50.3 points, it actually fell to 48.7. In the UK services sector, on the other hand, there was growth in April – the indicator rose from 53.1 to 54.9 (market expectations 53.0). As a result, the Composite PMI reached 54.0 (52.8 a month earlier). However, all these figures did not attract much attention from investors.   On April 22, GBP/USD fell to 1.2300. The bulls on the pair took advantage of the dollar's overbought condition to return it to the lower boundary of the medium-term corridor of 1.2500-1.2800 in which it had been moving since the end of November last year. However, they did not have enough strength to consolidate within the corridor. The two-week maximum was recorded at 1.2540, after which, pushed by US PCE, the pair went down again and ended the five-day period at 1.2492.   According to specialists from United Overseas Bank, as long as the support at 1.2420 is not broken, there is still a possibility of the pound breaking through the 1.2530 mark. The next resistance, according to them, is at 1.2580. The median forecast of analysts regarding the behaviour of GBP/USD in the near future looks maximally uncertain: 20% voted for the movement of the pair to the south, the same amount – to the north, and the majority (60%) simply shrugged their shoulders. As for technical analysis, the trend indicators on D1 point south 65% and 35% look north. Among the oscillators, the picture is mixed: 25% recommend selling, 25% – buying, and 50% are in the neutral zone. In case of further decline of the pair, it will encounter support levels and zones at 1.2450, 1.2400-1.2420, 1.2300-1.2330, 1.2185-1.2210, 1.2110, 1.2035-1.2070, 1.1960, and 1.1840. In case of growth, the pair will encounter resistance at levels 1.2530-1.2540, 1.2575-1.2610, 1.2695-1.2710, 1.2755-1.2775, 1.2800-1.2820, 1.2885-1.2900.   No significant statistics on the state of the UK economy are planned for the week.   USD/JPY: Reached the Moon, Next Target – Mars?     We called the previous review "Higher and Higher". Now, it is worth asking at what altitude will this flight into space end? When will the Bank of Japan (BoJ) finally decide on a radical change in its monetary policy?   At the meeting on April 26, the members of the Japanese Central Bank unanimously decided to keep the key interest rate at the previous level of 0.0-0.1%. Moreover, the regulator removed from the statement the reference that it is currently buying JGB bonds for about 6 trillion yen per month. The statement after the meeting states that "the prospects for the development of the economy and prices in Japan are extremely uncertain," "if inflation rises, the Bank of Japan will likely change the degree of easing of monetary policy," however, "it is expected that the eased monetary policy will be maintained for some time."   The market predictably reacted to such decisions of the Japanese Central Bank with another Japanese candle on the chart of the USD/JPY pair. The maximum was recorded at 158.35, which corresponds to the peak values of 1990. There were no currency interventions to save the national currency, which many market participants feared. Recall that strategists from the Dutch Rabobank called the level of 155.00 critical for the start of such interventions by the Ministry of Finance of Japan. The same mark was called by 16 out of 21 economists surveyed by Reuters. The rest predicted such actions at levels of 156.00 (2 respondents), 157.00 (1), and 158.00 (2). USD/JPY has long exceeded the levels at which the intervention took place in October 2022 and where the market turned around about a year later. It now seems that 158.00 is not the limit. Perhaps it is worth raising the forecast bar to 160.00? Or immediately to 200.00?   USD/JPY ended the past week at 158.32. The forecast of analysts regarding the near future of the pair looks as follows: fear of currency interventions still prevails over 60% of them, while the remaining 40% are waiting for the continuation of the flight to Mars. Technical analysis tools clearly have no concerns about interventions. Therefore, all 100% of trend indicators and oscillators on D1 point north, although a third of the latter are in the overbought zone. The nearest support level is located in the area of 156.25, then 153.90-154.30, 153.10, 151.00, 149.70-150.00, 148.40, 147.30-147.60, 146.50. And it is practically impossible to determine resistance levels. We only note the reversal maximum of April 1990, 160.30, although this target is quite conditional.   No significant events regarding the state of the Japanese economy are expected in the coming week. Moreover, traders should keep in mind that Monday and Friday in Japan are holidays: April 29, the country celebrates the birthday of Hirohito (Emperor Showa), May 3 – Constitution Day.   CRYPTOCURRENCIES: Where Will Bitcoin Fall?   As expected, the fourth halving took place in the bitcoin network at block #840000 on April 20. The reward for finding a block was reduced from 6.25 BTC to 3.125 BTC. Recall that halving is a halving of the reward size for miners for adding a new block to the bitcoin blockchain. This event is embedded in the code of the first cryptocurrency and occurs every 210,000 blocks – until the moment when the mining of 21 million coins (presumably in 2040) ends the emission of cryptocurrency. It should be noted that the fourth halving will provide for the mining of approximately 95% of the entire bitcoin emission, about 99% of all coins will be mined by 2033-2036. Then, the emission will gradually move towards zero.   In the previous review, we promised to tell how the market would react to this important event. We promised – we report: the market reaction is close to zero. For several days after the halving, there was no growth in volatility. The price of bitcoin slowly and lazily moved first upward, reaching $67,269 on April 23, and then returned to where it began its weekly journey: to the $64,000 zone. It seems that market participants froze in anticipation of who would be the first to start buying or, conversely, selling the main cryptocurrency massively.   According to experts from Bitfinex, the post-halving supply restriction stabilizes the price of the first cryptocurrency and may contribute to its growth. "The reduction in the pace of bitcoin issuance after halving, which will amount to $30-40 million per day, contrasts sharply with the daily net inflow of $150 million into spot ETFs. This emphasizes a significant demand and supply imbalance, which may contribute to further price growth," stated the Bitfinex report.   However, analysts from QCP Capital believe that bitcoin optimists will have to wait at least two months before assessing the effect of the past fourth halving. "The spot price grew exponentially only 50-100 days after each of the three previous halvings. If this pattern repeats this time, bitcoin bulls still have weeks to create a larger long position," their report stated.   Anthony Pompliano, the founder of the venture company Pomp Investments, believes that within 12-18 months, the coin is expected to grow to $100,000, with chances of reaching $150,000-200,000. However, before moving to a bull rally, BTC/USD, in his opinion, is waiting for a correction down. At the same time, Pompliano believes that the price will not fall below $50,000. "I think we have already crossed this Rubicon," – he wrote.   The possible upcoming decline of the main cryptocurrency is probably a topic currently much more discussed than its subsequent growth. Many agree that bitcoin coins will appreciate in the long term. But how will quotes behave in the more foreseeable future? Fidelity Digital Assets, the leading issuer of one of the spot BTC ETFs, has already revised its medium-term forecast for bitcoin from positive to neutral. The reason for abandoning optimistic sentiments is several worrying trends in the crypto market. Fidelity analysts noted the growing interest in selling from long-term hodlers. Among them, there is currently a large percentage of profitable addresses, as noted in the company's report. This means that holders may want to lock in profits and start selling BTC. On the other hand, on-chain data indicates that small investors, on the contrary, continue to accumulate the first cryptocurrency. Since the beginning of the year, the number of addresses on which BTC is stored for at least $1,000 has increased by 20% and reached a new historical maximum. "Such a trend may indicate the growing dissemination of bitcoin and its acceptance among 'average' users," – Fidelity noted.   Specialists from CryptoQuant examined the SOPR indicator readings for these categories of investors and made conclusions similar to those of their colleagues from Fidelity. Investments in Bitcoin by "new" whales (owners of coins "aged" less than 155 days) almost doubled the indicator of "old" large players (more than 155 days). At the same time, the increased value of the metric showed that the profits of the "old" hodlers significantly exceed the indicators of the "newcomers". And if the "old-timers" move to fix profits, this may lead to the formation of price peaks. An analysis of the current picture, according to CEO of CryptoQuant Ki Young Ju, also speaks of the need to exercise caution in anticipation of possible corrections and increased volatility.   Recall that earlier, specialists from JPMorgan noted that digital gold is in a state of overbought. And co-founder of CMCC Crest Willy Woo noted that if the price of the first cryptocurrency falls below the support level of short-term holders at $58,900, the market risks moving into a bearish phase.   As of the evening of Friday, April 26, the BTC/USD pair is trading in the region of $63,950. The total capitalization of the crypto market is $2.36 trillion ($2.32 trillion a week ago). The Bitcoin Fear & Greed Index remained in the Greed zone, although it rose from 66 to 70 points.   Finally, in conclusion of the review, our long-forgotten crypto-life-hacks column. It turns out that in order to become a crypto millionaire, it is enough to have a marker and a piece of paper. The possibility of such a way of enrichment was proven by Christian Langlois, also known as Bitcoin Sign Guy. This guy made headlines in many news outlets after showing a notebook sheet with the inscription "Buy Bitcoin" behind the back of the Chair of the Federal Reserve System Janet Yellen. At that moment, the head of the Fed was giving testimony about the state of the US economy. This image instantly spread across the network and became one of the symbols of the emerging crypto industry.   For his misdemeanour, the 22-year-old intern Langlois was disgracefully expelled from the hearings. But after this episode was shown on television, enthusiasts sent 7 BTC to his crypto wallet to thank the guy for his bold move. Four years ago, Christian sold 21 copies of the "cult" sheet at an average price of 0.8 BTC, earning another 16.8 BTC. Thus, his total earnings reached 23.8 BTC, which is more than $1.5 million at the current exchange rate. And a few weeks ago, Langlois was offered another 5 bitcoins for the original, but he refused to sell the sheet. Nevertheless, Christian liked the idea of further monetizing the self-created object of "artistic and historical heritage", and he decided to sell it at an auction, directing the proceeds to finance his startup Tirrel Corp. On April 25, 2024, the auction house Scarce.City reported that the lot, which became a popular meme, was sold for 16 BTC (more than $1 million). NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
    • С радостью сообщаем, что мы добавлены на мониторинг OKchanger Контакты: Наш сайт - https://bitkovskiy.io/ Почта - bitkovskiy.change@gmail.com Telegram - https://t.me/Bitkovskiy_exchange
    • там автоматом, вроде, должно. при соблюдении нужных пунктов. что-то типа этого:     а еще у них есть пулы:     а ля американские горки вверх-вниз?
    • В России планируют запретить оборот криптовалют — депутаты назвали точную дату   Исключение авторы проекта предлагают сделать для майнеров, участников майнинг-пулов и «проектов Банка России в рамках экспериментального правового режима». Участниками обращения криптовалют считаются российские или иностранные юрлица и их представительства, а также физические лица, находящиеся на территории страны не менее 183 суток в течение 12 следующих подряд месяцев (то есть полноценные российские налоговые резиденты). Законопроект предлагает запретить на территории страны любую рекламу самих криптовалют и рекламу организации обращения виртуальных монет. Сейчас в действующем законодательстве есть запрет на расчеты между физическими и/или юридическими лицами в криптовалютах, но нет запрета на «организацию обращения» в любом виде. Это обновленная редакция законопроекта № 237585-8, который появился в ноябре 2022 года и должен был отрегулировать майнинг. Тогда документ не прошел даже перовое чтение. В феврале 2024 года авторы законопроекта снова попытались дать ему ход, но 19 апреля комитет по финансовому рынку постановил отправить текст на доработку. В пятницу, 26 апреля, вечером новая версия появилась на столе у председателя Госдумы Вячеслава Володина. Авторами и прошлой, и новой версии законопроекта значится группа из 16 депутатов, в том числе достаточно статусных: председатель комитета по финансовому рынку Анатолий Аксаков, зампредседателя комитета Аркадий Свистунов, зампредседателя комитета по информационной политике Антон Горелкин, первый зампредседателя комитета по безопасности Андрей Луговой, бывший министр сельского хозяйства Алексей Гордеев и так далее. В начале апреля главный фронтмен законопроекта, Анатолий Аксаков, жаловался, что принять закон мешает «одно-единственное ведомство». И обещал, что проект точно станет законом в августе.
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