Sloto Magazine Blog
Can it reach $300,000 in 2021?
As featured on Sloto Magazine
In 2008 a person or group of persons under the pseudonym ‘Satoshi Nakamoto’ invented a cryptocurrency we today call Bitcoin. At that time, it was nothing more than an experiment in programming. No one could have foreseen this playful experiment would turn into a global phenomenon, the biggest digital currency in the world.
Now in 2021, we are seeing Bitcoin boom in value and breaking everyone’s expectations. In the last weeks of 2020 and the first couple of weeks of the current year, Bitcoin’s price doubled in a dramatic fashion. Its value is under constant speculation, with some avid supports claiming it will supplant fiat currencies in the future; while skeptics retort that it will be nothing more than a market bubble. Whatever your position, it is hard to ignore its resilience and today, 13 years later after its inception, Bitcoin is starting to look like a technology that is here to stay for good.
Some financial experts, using a model that gauges the stock-to-flow ratio, estimate that Bitcoin’s value could go as high as $288,000 by the end of 2021. However, there are some challenges ahead, such as government intervention that might deter investors from betting on Bitcoin’s success.
More prudent investors claim that you have to be patient with Bitcoin; its real value will be revealed years from now. Keep some Bitcoin tucked away for a rainy day long in the future, when its price could be well over a million dollars!
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TIPS FOR CASINO LOVERS
As editor of Sloto Magazine and a casino enthusiast, I have been visiting casinos and playing at online casinos for over two decades. I have come in contact with all types of gamblers. I’ve had amusing conversions with penny slots aficionados and shared adrenaline-pumping moments with high-stakes gamblers. Some do it just for passing time, others for the thrill and there are others that try to make a living from it. I have distilled from all these different people several lessons that allow you to enjoy gambling in a responsible and effective way.
I personally choose to gamble for the entertainment value and constantly keep present in my mind not to go overboard by over betting in heat of the moment. We will look at 7 habits that are shared by effective players around the world. Practicing these habits does not guarantee unprecedented success at a casino, but will reduce the risk of the detrimental aspects of gambling.
1) Set a budget
It does not matter if you are a high-roller playing nightly for enormous profits or a Sunday gambler placing a few penny wager for a modest jackpot. What matters is to start the playing session with a set budget. This is not a hard habit to set in place. First you must look at your income and calculate all necessary expenses (rent, mortgage, utility bills, groceries, and so on) and set aside the rest for what can be called leisure activities (movies, gaming, eating out or hobbies). I recommend not spending more than 75% of your leisure activities budget on gaming. Then decide if you want to use this money in a single playing session or over several days or weeks. This habit will allow you to fully enjoy every minute of your Sloto’Cash experience with peace of mind.
2) Get informed
You do not have to be a rocket-scientist to figure out how to play at an online casino. But you can still gather vital information about the casino, its games and promotions that will help you perform better. Experience in online gaming will pay off in the long run. Learn about what a game’s RTP (return to player) is, what low and high-variance games are, and the different terms of a promotion (maximum cash out, sticky/non-withdrawable bonus, max bet limit, restricted games and so on) plus the terms of the casino (weekly withdrawal limits, security documents procedures). When you are fully informed about every aspect of your gaming experience, then you won’t get big unpleasant surprises such as finding out that your winnings have been voided because you played a table game with a slots-only bonus.
3) Play it slow
The casino experience is not only about making a quick buck but also about enjoying the rollercoaster ride of ups and down in luck. What often happens, however, is that we are so engrossed in the thrill of the game that we momentarily forget that we are actually playing with our hard-earned cash. Thus, a lot of experienced players have learnt to play slower so they can have time to meditate on their next move. It doesn’t matter if you play skill-based games such as Blackjack and Video Poker, or only games of pure chance such as Scratch Cards or Slots. Make sure you have enough ‘thinking gaps’ in your play session to consider moving to another game or as we will see in the next section, calling it quits.
4) Know when to call it quits
This habit takes time to develop in the individual and it is important to learn to end a session both when you are winning and when you are losing. Pay attention to patterns in the games so you can learn when it is realistic that the games won’t pay more. This is essential when you have achieved a decent win. Continuing playing after a certain point likely entails that you will put the money back in the casino’s coffers. Likewise, if you have lost your set budget, take a deep breath to cool down and consider ending the session and playing again another day when your luck could change. If you reduce the risk of further losses and maximize your winnings, then you have more opportunities to play in the future.
5) Get full value
Playing at Sloto’Cash casino has a lot of perks and you should try to take advantage of every single one of them. Join the loyalty club to receive extra rewards and cashback bonuses. Learn which games grant the highest rate of comp points and redeem them often. Make sure you check our daily bonus chart, read the weekly newsletters and message center in the lobby that often have free spins and other rewards for customers.
6) Learn the basic strategies
Not all games have effective strategies but there are some that require a bit of skill and tactics to ensure you reduce the house edge to a minimum. I’ve heard about many slot machine strategies but generally they are nothing more than wishful thinking. However, games likes Video Poker and Blackjack have certain sets of rules you can follow that will mathematically increase your chances of success. Knowing what cards to hold in Video Poker and when to ‘double’ in Blackjack can be efficient ways for you to increase your rate of winning!
7) Don’t drink and play
We all love to get spoiled by casino waiters as they keep our glasses full of beer and cocktails. But it carries a risk of ruining your success at a casino table or game. There is no secret that a tipsy mind can make wrong decisions, and worse of all, you are likely to forget all the previously mentioned tips and habits we’ve mentioned in this article! So avoid drinking while you play. If you cannot resist the combination of casino excitement coupled with a relaxing drink, then limit the intake to one beer or glass of wine per every 1.5 hours and make sure you’ve had a hearty meal before your first drink.
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Earlier this year, we heard the news that Elon Musk became the richest person in the world, with an estimated fortune of $189 billion. He is one of a handful of billionaires whose fortunes rises above $100 billion. But did you know there are around 2,000 billionaires in the world?
Here are some interesting, disturbing and controversial facts about the world’s wealthiest people.
- The combined fortune of all the world’s billionaires is estimated at $10 trillion. This is just under half the USA’s GDP (Gross domestic product)!
- Their wealth is greater than that of 60% of the world’s population – combined!
- Warren Buffet, whose fortune stands around $90 billion, has given away close to a third of that to charity.
- The top billionaires in the world make around $2,000 a second – yes, you read that correctly, every single second!
- Here’s a controversial one: the super-rich are hiding at least $7.6 trillion from tax authorities, which means they are evading an estimated $200 billion in taxes.
- Of the 2,000 billionaires in the world, 90% of them are men.
- The most common astrological sign for billionaires is Aquarius, representing 12.5% of the super-rich.
- Over 20% of billionaires have more than 5 children.
