-snip- So what do you think? Is "Sell in May" a good idea in 2024?
So many myths live in the world today and are still thriving, which includes so many assumptions in the financial market as well, just like this one. But in my almost 2 decades of experience, they are mere lies, they will never be true but were put together to become myths due to mere coincidence at times. However in reality, the market is dynamic, it will never do the same thing at a specific period unless there are coincidences where histories repeat themselves or the market just behaves almost similarly to what had happened before. Come what may, every trader should leave at the moment and not in the past to avoid serious trading issues. What any trader/investor should trust only is their trading charts, this is the best way to guide us. I will always say that there is nothing that can be compared to the trading chart because no matter what happens in the market, the trading chart will pick it unless the person doesn't know how to use it well.
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Bitcoin investment can be made at any time but it depends on the investor how long he can hold the Bitcoin. But the longer the Bitcoin is held, the more profitable it will be, as the market is always moving up and down. Therefore, one should buy bitcoins only when the price of bitcoin is exposed and in control, because the price of bitcoin is waiting for the next bull market.
Currently, after going through the halving period, everyone is waiting to see what will happen with Bitcoin. I agree with you that investing in Bitcoin can be done at any time, but it would be better if the price is corrected so that you can get a cheap price and immediately hold it. And now everyone will wait for the correction to be able to buy and hold until the market increases, so they can get maximum value. I do not agree with the remark that "Investment in Bitcoin can be done at any time," This is one of the misleading heresies surrounding Bitcoin investment. We should be smart in our investment regardless of whether or not it's that of Bitcoin, investment is investment and assets are assets. They have good, bad and ugly times, so we should rather wake up and face the reality and not let anything blind us about Bitcoin investments. Those who bought Bitcoin at a high level in the last bull run are still lamenting, though it tried to impress them better now, but for how long? What if the person needed the money in 2022 but trusted in Bitcoin, can such a remark be good in his hearing anymore? I am an investor in Bitcoin as well, but I invest sensibly. I only buy low and sell high when the monthly chart tells me to do it having confirmed a long-term bearishness on that chart. This is smartness and not just being blinded by some general saying about the coin that looks too perfect. As it is now, Bitcoin would be met with some stiff resistance which is happening already, and on a further look, 2 weeks ago, I declared a sideways movement for the coin, which is also happening currently. However, over time, I think the low of around $56,450 will judge if breached lower, then Bitcoin may sell further. The same thing could be spoken of the high of around $73,850, a breach of it can only declare the continuation of a bullish trend.
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There are still many who think that trading activities are just fun and not a job, but trading is work, trading is categorized as self-employed or in the big dictionary -> people who work for themselves, so traders immediately refute those who think you are unemployed just because they don't see you have a boss, you are your own boss, don't be discouraged by what they say, if you are very comfortable and get consistent profits then keep it because when you try to find work out there, you it will only waste your opportunity to become a professional trader.
However, traders are advised to have a fairly stable side income to support their finances because the market always moves freely and unpredictably. this original topic comes from a local topic that I createdRead More: https://bitcointalk.org/index.php?topic=5464037.msg62727614#msg62727614From your title, well, it depends on what you term as the "trader." Some traders are only from the mouth, they are not earning in the field, so what do you call them? What do you call the person who still loses/wastes the little he has into trading without having any job to help himself? That is even worse than being unemployed alone, such is a waster. This is why I say this context is relative, so it should not be rigidly suggested for or against to avoid misleading people. What the OP wrote is good, but that is for the dedicated souls who are really in for trading and are making money from it. Even if such a trader is not making money yet, the greenlight of money-making would have been seen for such to have such boldness in trading to build his career. I am a trader myself, and not just a trader, but a professional trader who trades every day and earns reasonably. But this is not without its huge challenges, how many people can stay? Even those who are earning regularly in a month or two could have a very challenging month that would threaten to take all their money. Is this what many can beat their chest upon that they have a job with? It's deeper than mere saying. However, if you are a consistent earner for a long period of time, I congratulate you. Do not let anyone look down on you. Be proud of what you do. What earns for you consistently and that you can trust is what you should be proud of regardless of what anyone may say.
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Bitcoin is the best cryptocurrency in the world right now and a lot of people has developed interest in it.
A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it. Bitcoin will grow more bigger and stronger as the day goes by, people who had opportunity to invest in it 10 years ago and never did are regretting it till date, accumulating as many Bitcoin as possible will be the must wise thing someone will do than trading it.
Am not saying those that trade Bitcoin are not making it big but accumulating Bitcoin is a lifetime investment and it will be more profitable. So don't be confused anymore accurate as many Bitcoin as possible and hold on to it.
First, let me warn that we should not because of the miss of the past push ourselves into danger, it's not worth it. This is the danger in FOMO at times, so be well-advised. Secondly, it is not appropriate to have too much belief in anything no matter how much you love that thing, or at least believe/pretend you love it, we should use our right senses to avoid later issues. By now, many people believed that Bitcoin would have hit $100,000 judging by how it performed since last year, but the reality is different today. This is why we should rather think and not be moved by our emotions. What if after your retirement you see the price of Bitcoin at $37,000 while you bought it at $65,000? Be wise! What I know of Bitcoin is that at present, it is not fitting for what you can save your life upon, and you will be doing yourself a whole lot of favour if you diversify your portfolio even if you invest in Bitcoin as well. You might just commit about 20% of your investment to it, instead of committing everything which could affect your life later. For once let's just forget the sentiment and hype surrounding Bitcoin and let us think of the uncertainty in the future. Bitcoin still needs to pass the test of time, it is too young for now. Also, do not use past success to judge the future, those who are happy about Bitcoin now took a high risk when the price was so low, and I can say they gambled as well. The fact that their risk/gamble earned well for them is not an indication of future replication of the success, anything adverse could still happen. Needless to say, the price is too high now, and you might even experience your investment floating in the long run. Finally, for the investment and trading, it's your choice. Invest if you are not a good trader, but trade if you are a good trader. Or do both.
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Let's say you have a job that gives you the option to have your salary paid in BTC, ETC, or any other cryptocurrency, would you prefer that or would you rather still be paid in fiat?
For me, I am indifferent about Fiat and Crypto payments, all that matters is for my money to reach me one way or the other. This is because my cryptos can be converted into fiat, and so is my fiat currency, it can be easily converted to any cryptocurrency of my choice, which makes this no big deal at all. If you'd prefer crypto payment, which currency would you choose and why?
If anyone thinks I will choose Bitcoin here, then that person(s) must be a joker. I will go for the coins whose transaction speed is faster and will afford me a very low fee. Litecoin or Ripple will do.
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There are thousands of altcoins in crypto market and each of coin has investors! Cause people have different choice from one to another. People even invest in shitcoin to get rich quickly. So what are the names of your most 5 invested altcoins that you are holding or would like to invest soon?? Those are my choice 1. ETH 2. BNB 3. Arbitrum 4. Cake 5. ApeCoin
Well, not minding the time you made this post, I would still say that you have poor taste in choice if I were to be sincere with you. Fine, you may try to add the prominent coins mixed with those that you thought would move hugely even if they are not so relevant. But all these coins are not just my taste for one reason or another, and I do not think a true investor will pick any of them aside from Cake. Even the Cake is not so important to me even though it will earn a decent earning for the investor. Also, with Ethereum's appearance and Bitcoin's disappearance on the list is another one that needs scrutiny. I will always say it, where Ethereum appears in investment consideration, there is no reason why Bitcoin should not appear because it pioneers the whole cryptocurrency world and Ethereum follows it almost the same way when it comes to their behaviours. Now, in case you don't know, I condemn most coins on this list for one main reason, and that is that they may not earn you more money which is the reason for all investments in the first place. First, Cake aside, ETH and BNB are the frontliners among them, they are indeed good projects, but they will not move in multiples as people believe. In this bull run, if they move x3-x5, one should be very careful. As for the rest of them, they may move more even as they are not as valuable as BNB and Ethereum, nevertheless, they may not be able to move significantly, just as they've been doing after your post.
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Things like this are common on the forum and I think that strict filtering is required going forward. But first, the vigilance goes to the members of the forum, they need to be more careful even if nothing changes on the part of the admin in this regard. Any link with no straightforward address should be ignored and any embedded links should be checked before clicking it. I do that by first clicking on "Quote" on the OP's post, from which the link address will be revealed. The moderators are trying as they pull them down with them but should also step up the game for quicker action.
However, these guys must have carefully studied the forum and know its weaknesses, so the admin may only try its best but something like this can't be entirely avoided.
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What does Everyone know about this Token, from what I know it is an ETH Clone or Fork, and it is set to Finish Mining Rewards Distribution by April 2025. They could Continue Rewards with a Token that Rewards Miners of MATIC, so it's not like it has to Die. But I want to know what Everyone knows about this Token, and their Experience.
Your knowledge about Polygon network is incorrect and absurd. It is a layer 2 solution on Ethereum blockchain and Matic or Polygon is the native token that fuels the network. By layer 2 solution I meant that it was created to solve the issue of scaling on the Ethereum blockchain. You can read this informative article about it to know it better You didn't get into any Details, or even Specify what You are Talking about. 1. It is Ethereum Based, so that is Correct. 2. You say it was made to Solve a Problem, so You aren't saying it does or does not End in April 2025, I am assuming that is Still how it Works because You didn't Specify if that is what You are Talking about. 3. I don't know anything about the MATIC/Polygon Blockchain, Other than that it is Ethereum Based, and so that also People are putting ERC20 Tokens on it, so again, it seems like You just Randomly said that there was something Absurd, and didn't Specify and You should Describe what You are saying. I've read some quite a number of words from you guys, and initially, I thought it was a misunderstanding before reading further on your subsequent points. Indeed you have some faults in this. No one is saying that Ethereum has not conceived anything but believing that MATIC/Polygon doesn't not have its own blockchain shows you lack the understanding itself. MATIC will always be the native token of Polygon. Now tell me, what is Polygon for MATIC to be its native token if not for being the blockchain at which it operates? It's so simple. When you send your MATIC, didn't you see the option of sending it through Polygon? So what does that mean? An Ethereum blockchain? C'mon!!!
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Bitcoin is the dumbest thing ever invented.
If you think Bitcoin is dumb then why you're present on this forum? If you don't like the idea of Bitcoin and find it useless then I believe someone like you should not be part of the forum that's a place for Bitcoin community. You need some research I believe, no I think you may need some treatment so you can understand Bitcoin properly. For me I think he is just a troll that needs people to actually notice him just like the other fella who always shares post about how he is the original Satoshi Nakamoto and the owner of the forum. Sometimes when I see post like this, ignoring them is probably the best thing but with that being said how can someone even think of uttering such nonsense that Bitcoin is the dumbest thing created, well it's simple if you like being a financial slave to the system then you are free to go but other who don't know the importance of BTC. How is investing in something that people need being a slave, but investing in something no one needs being free? If I invest in dollars I hold something that masses of people need for paying off debt owed to banks. I am the master, not the slave. On the other hand, if you traded dollars for Bitcoin you are the slave because you need other people to invest and buy your Bitcoin otherwise you cannot get your dollars back. It's hilarious how you Bitcoin evangelists think that you're the masters while in reality you're the slaves. Let me say that I appreciate your wisdom and insightfulness about words from the main OP and your subsequent replies. Many take the ideology of Bitcoin to the extreme even though it is not perfect and I think I am one of the few who tells some facts about it here since I've been in the world of investment before the crypto era, unlike many of them who's eyes are just being opened to investment due to cryptocurrency. But from the main OP, your narration was not without faults but I still say that I give you 85%, you are indeed a thinker. Well, you might be wondering why the denial of the remaining 15%, it's because (though risky) whether physical or virtual, anything could be related and referred to as an asset. All the things that are being labelled assets today are because of the importance/relevance people place on them, and whether virtual or not, once people appreciate it to the point of investing and holding their money in it, they are assets and valuable, which is also applicable to Bitcoin in this context. That said, Bitcoin as an asset can do almost everything that fiat money can do as well, all you need to do is to convert it one way or the other and the debt, loan, and mortgage as you cited them in the main OP will all be paid. Obligations can be fulfilled with Bitcoin, for real! About the bonds and other collateralized arrangements/agreements, what is happening in the crypto space is not any different, only that it is not so popular in governance and since many centralised systems have nothing to do with cryptocurrency but fiats, the popularity of such arrangements/agreements, and dependency in such can't be as though you are dealing with the fiat currencies like the USD. Lastly, I give you 100% in this current OP, and my reason is simple, I 100% agree with you (in summary) that the fiat can do without Bitcoin but Bitcoin can't do without fiat which makes the fiat the master regardless of whatever anyone interprets to it. I've always indicated this even as some always preach Bitcoin as the supreme of them all. Let's be realistic! But the whole point is that Bitcoin is not an asset. -snip- I disagree with you in its strong terms to the point that I didn't even bother to read the rest of what you wrote. Bitcoin is an asset and nothing will change that. I've lived in the world of financial markets, payments and settlements long enough to know the difference in this regard. It is so plain and obvious but I wonder why you have not seen it. Maybe you should do your independent research about it and not rely on your wisdom alone. Even Investopedia called Bitcoin an asset among other renowned business, trading and investment websites/outlets. There is no controversy here as Bitcoin is a virtual/digital asset, this is unless you do not even know what asset means. Fine, Bitcoin might be guilty of some of what you narrated in the main OP, but certainly, it's an asset. If it is not an asset, why are people buying and holding it? Don't you know that anything you invest your money in is an asset? For short, an asset is a store of value and Bitcoin perfectly fits into that fact/narration without mincing words. For it to be a "digital" asset doesn't make it less of an asset. The world is revolving and it's high time you accept this easy fact. This is like saying that an empty box is an asset. No, that what is inside the box, that what the box holds is an asset. Bitcoin box holds nothing. So there's no asset in the Bitcoin system. But understandably, people like to believe the opposite. If someone spend $70K on an empty box they obviously won't admit they bought nothing. They would say that they bought an asset. A digital gold. A precious intangible commodity. Whatever. It's a Freudian defence mechanism. I think I know where your confusion is coming from, you just do not want to accept that there is a virtual or digital asset simply because they are not what you can see with your eyes physically, but you are so wrong. First, I would like you to perish the idea that you will have to be able to touch something valuable before you can label it an asset. Ordinary papers and drawings that were worthless before are being sold for millions of dollars today, this is not because they suddenly became gold or diamond, but because people place relevance/importance on it. Take for instance the Monalisa paint, it is worth a fortune ($100m in 1962, and now over a billion dollars), but do you think the material used to paint it is worth up to $100? Nevertheless, it's being sold for millions of dollars, why? It's simple, people place a relevance on it, which makes it an asset. This principle is what stocks and even bank cheques and notes/bonds work with. There are values placed on them because liquidity is backing them up. Also, do not think that the operations of the companies you buy their stocks is the worth of the stocks and the company itself, no, people are buying stocks of companies without having anything to do with the company in any way, and that keeps adding value to the company to the point that people can fulfil financial obligations with stocks (virtual/digital). Asset is all about people's money, and nothing more. The same goes for Bitcoin which has a market capitalization of over $1T, this is huge and many physical assets do not even have up to that and they exist as assets. Today, you may buy your Lamborgini and tell the seller you will clear the bills with a certain amount of Bitcoin. Can a valueless entity as you claim do that? Only an asset can do that just like bonds, cheques and other financial settlement means do. It is you who needs to change your orientation about the virtual/digital assets, for them to have been created empty doesn't mean they will remain empty. The moment people are moving money in to back it up and place importance on it, it becomes an asset. Besides, anything you trade in the financial market is an ASSET. Thankfully, Bitcoin is one of them. I know that you people need Freudian rationalizations, you need to play dumb to justify your purchases of empty units. But these rationalizations look pretty hilarious in the context of the OP. The distinction between a unit that holds an asset and a unit that holds nothing is obvious. If I were to ask you what asset is held by the BTC unit what would you say? Debt? Equity of a company? A picture like Mona Lisa? A patent, copyright, software license? Wheat, silver, oil? You couldn't say any of that because BTC units hold neither intangible (digital or whatever) nor tangible asset. They are literally like empty envelopes or boxes. They are containers that hold nothing. That's why you are forced to use Freudian rationalizations like the above. Just imagine the stupidity: a guy wrote a protocol to tell that you hold a non-existent asset, you paid a lot of money for that and now you comfort yourself that this is like buying Mona Lisa. Crazy. It's no wonder people view you as a cult. You are still moving around the same circle, but on one fault, and that is the fact that you do not accept Bitcoin for what it is, and neither do you agree/believe that there can be a digital asset. This is archaic! Mind you, an asset is an asset whether you like it or not and in case you do not know, Bitcoin is being used as collateral these days, and maybe it will quench most of the questions you asked thus; "If I were to ask you what asset is held by the BTC unit what would you say? Debt? Equity of a company? A picture like Mona Lisa? A patent, copyright, software license? Wheat, silver, oil?" In as much as an entity can fulfil financial obligations, you do not call it empty anymore. Of course, unless you do not even know what you are talking about. Fine, Bitcoin was created as an empty unit, which I so much agree with you, but the empty unit was later assigned /units/value, which makes it not empty again (digital or not). That value is the liquidity in Bitcoin which gives it the power to settle debts which you always buttress upon without showing concern that Bitcoin can clear debts as well. Just like a human being, you become dead when your spirit leaves you, but when the spirit enters you again, you are alive and have become a living creature that can function perfectly like any other human being. All these fiat assets you called out are so (living as in my human example) because of people's relevance and liquidity, once that is withdrawn from them, they become irrelevant (dead as in my human example). The same is applicable to Bitcoin, people's liquidity makes an asset worthy, and the moment people withdraw their money, it becomes worthless. So why do you now want us to segregate Bitcoin even as it has the value of people's money and can fulfil financial obligations like fiat assets?
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The fact that Binance even has issues with my country has made me almost completely stop working with it...
This same exchange binance has been facing a lot of challenges with other countries, you can consider Us as the number one, we have Canada, India and so many other countries whereby they have been taking it hard on the exchange to ensure its been regulated by them, the better for us to know the danger and implication that be be involved with he use of a centralized exchanges, i thought about that of mixers will be a lesson for many of us, even the CEX that have no privacy were under attacks from government. Binance has its own policy regarding the use of the exchange they have. As long as this country accepts the policies that exist in Binance as a trading place which are very firm with the rules they have then it will be easy for that country to access the Binance exchange, but if a country doesn't If you agree with Binance's policies, there will definitely be many obstacles that will occur. Mixer is indeed used to launder money because there are several Mixer platforms that can be used without having to use KYC. Meanwhile, for Binance currently, those who have large amounts of money are required to complete KYC first to continue transactions smoothly. I see your post as one with so many faults, my friend. First, when it comes to registration, licencing and regulations, Binance or any exchanges/companies do not have much say in a domain, they must obey the law of the land, period! It is either they cooperate or exit their business from the country. The law is the law and the constitution is the constitution, no one will change it for Binance or any other company. The only avenues they can have some opportunities are in tax relief/holiday and a few opportunities at the discretion of the country. Nothing more. Not that Binance would say this is what we want and this is how we will do it and the country will keep mute. Who does that? As for the m!xing services and others, they are nothing more than unlawful establishments, we have them in almost all facets of all industries. Well, I blame the world's government over this for their lack of coordination. If they can work in unity, then those services could be a forgotten issue sooner than we expect. And as long as they are serving people and not ghosts, that means they are visible and reachable, and for this, the hand of the law will reach them faster.
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This is a good step and you deserve specially bargained campaigns as one of the most active and dedicated quality posters on Bitcointalk, such of the few I admire here.
Your reputation beyond merit proceeds you and should get you fixed soon enough as you are not one of the lazy posters with huge merits, it's beyond based on my assessment. You are mostly always on course and on point every time I stumbled upon your posts.
Best of luck!
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People gamble for different reasons,some persons gamble to make more money while they already have money,some gamble to win money because they are poor and need money,other people gamble for fun,and just enjoy gambling because it gives them joy whenever games are being played. Gambling has to deal with your own intention,and your intentions will make you gamble the way you want. I gamble because I haven't had enough money,I need money for many things,and if I should win big,I won't quit gambling,I will continue to gamble because gambling gives quick money,and the money it gives carries no stress.
In this sense of your, I hope you've now made enough money in gambling. By the way, how long have you been gambling for the money? I asked this question because I don't know how convenient it is to say that one is gambling for the money, the pressure will be too much in this regard and the gambler will always be susceptible to losses due to desperation which is emotional, and this will always cloud the judgement of the gambler. In other words, gambling may frustrate anyone having that kind of money-making mentality with it. The best is for gamblers to be neutral about it, filter and refine their minds and hope for the best even as they take gambling as a fun-filled avenue, which is just the best for the smart ones. I have never seen the desperate people who made it in gambling, of course, there could be some exceptions. I mean the very lucky ones, but among 1 million people, if only 3 could be that lucky in that sense, is it worth giving a shot? For me, it is not in its entirety, the chance is too little. This is why I always advise that anyone who is desperate for money should look for it through other channels away from gambling, gambling will only impoverish them if they are desperate. But for those who believe they can make money in gambling but never put their mind to it, then it is good for them and one day they could hit the Jackpot indeed. That's the best mindset of gamblers.
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One of the thing I don’t really understand and gambling is the management of funds in your accounts, Betting when it is necessary no just take him on the open down because you will end up losing a lot so I do manage Sometimes when I didn’t plan on betting, I would not do that neither proceeding I will make sure I bet when I have to keep the paint rights for me two pets I don’t bets with that plan I bets with caution so with all this you’re able to manage your biting accounts with no lost of funds ,even when you lose a lot that week
Although this style of yours might be working for you and could also be good for the gamblers who are gambling once in a while, but certainly for those who are active gamblers, it can't be good for them in all ramifications. I have never seen anyone condemning management in any aspect of life except you, and I am so curious about your gambling results right now to have warranted you condemning it. Maybe you misrepresented things, I do not know, but one thing that I know and that I am sure of is that you are wrong. Gambling management is a very crucial part of gambling plans, and it is for the gambler to cut his excesses. For the sake of emotion and lack of discipline, a gambler might plan to gamble $200 at a session, but in the end, he might gamble over $2,000 regardless of one thing that led to the other. To avoid this, a gambler needs actual and thorough thought of plans, which include the right budget and management. You might know the amount to gamble per session and still know the amount to gamble per bet in that session to ensure that you at least gain the fun part (if it is fun you desire) and try your luck better in the money-making possibility at the same time. Anything out of that is a case closed for the good planners who are good managers in gambling as well. This will not only manage your portfolio and save it from the wreckage but will also manage your personality as a gambler. Nevertheless, good discipline and determination are needed to actualise this.
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Most casinos nowadays don't let you do the KYC process until they request it, this means you will not get KYCed unless a lot of money or fraud is involved, but it would be nice if users could do the KYC process before deciding if to deposit or not.
Are you for real? Well, I've not met such casinos before that will stop me from completing my KYC when I am ready. They might be flexible about this by not forcing you to do it as quickly as possible, but restricting me from doing it is just out of it. And I advise anyone in that situation to find their foot off that casino pretty fast because they can't be for any good in the long run. How can a casino stop you from doing what is lawful? That must mean they have some ulterior motives and if you are a good gambler or want to withdraw a huge amount of money, a problem is probably lurking for you in such an establishment. This is not until they wait for fraudulent activities from your end, they can crook one thing or the other, so "half a word is enough for the wise." If you could do KYC process before making a deposit, would you do it?
It is not a big deal for me to complete the KYC process upon registering with any company and before depositing my money. As a matter of fact, that is what I usually do to save myself from the later issues of any company. When a user wins a huge amount the real nightmare starts, the users have to complete the worst KYC process he will see in his life, so, should users be afraid of getting a Max Win?
Well, these days, the fear is there due to how casinos and sportsbooks have treated people. This is not particularly true for all though, nevertheless, if it is happening around us, the doubting fair will possibly be attached. Regardless, we should continue to do our thing and when we are lucky to win big, we should provide the needed details and documents asked of us. In case the casino continues to prove stubborn, try to call them out on the relevant social media and website outlets, and also consider the option of suing them with them paying all the legal charges if you win the case. Casinos ask for KYC to avoid money laundering, but if the gambler isn't able to give the requested data then the casino keeps the money. If the casino keeps the money isn't that Money laundering?
First, the casino is not the one that is avoiding money laundering but just obeying the law and supposedly operating with the authorities of the land in accordance with the AML Acts. They are two different things, the law only tied them. However, not only casinos are guilty of this, but all companies collecting people's deposits, they are mostly cheating shamelessly in this regard. Enough money would have been stolen using this scheme, notwithstanding, this is not money laundering unless the company later launder the money. It's mere stealing by trick.
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For money management, I think we can all still do it and minimize excessive use, controlling emotions will be much more difficult than managing money.
It's like this, what happens is that many players do not apply this and they prefer to manage their emcoins and end up losing control, so because of this they lose a lot of money, because they are not clear that it is easier to have money than to manage emotions, I I am one of those players who have tried to manage their emotions, and I have not been able to, there are always impulses, there is always adrenaline involved that sometimes does not allow one to control oneself, even though one has great control, so I chose to control my money, win or lose because things are very meant to be and understand that money in a casino is volatile and it is easy to lose it for us as players. I agree with what you say, emotions already exist and can even be said to be innate from birth. Therefore, we will definitely find it difficult to regulate emotions, let alone eliminate emotions. The easiest thing we can control is the money we use for gambling. Just limit the maximum game expenditure and don't add any extra money if it runs out. that way bigger losses can still be avoided. With this, I can only deduce that you guys are pampering weakness. Fine, so long as blood flows through our veins as human beings, we are susceptible to emotions, but at the same time, in activities like gambling, this is actually our choice. Someone like me is never emotional in gambling and I am proud of that, am I not a human being? This is why it is very good that we are engaging in our gambling activities nicely and sensibly in a way that is void of emotion and other weaknesses that can further weaken our minds. If from the beginning many gamblers had been told and accepted the truth that gambling is not the place where you can make that money you are looking for, that would have been a different ballgame. But the issue is that gamblers are just venturing into it without thinking of the cons and pros of it. It is good that one can earn money in gambling but how many people are successful in making the money? This is what we should always be thinking above all other things. Going forward, I expect all gamblers to fight more even if they've started on the wrong footing and with the wrong mentality about it. It is never too late to do the right thing and adjust our gambling activity and psychology. With the right discipline and determination, and also with the right money and risk management that the discipline and determination will help upon, I am certain that the gambling lifestyle of anyone will change for the better.
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I am not one to judge but every gambling addict I have meant are encountering trust issues in their relationships. It has affected them so much that they do not mind deceiving others just to be able to gamble. You see them sitting quiet and sober whenever they lose. They avoid all forms of human interactions and it affects their social and support networks. I think that anyone who is willing to speak up and intentionally seek for help will have someone running to save them.
That is a very good observation by you but I still think there is more to that than just being about gambling. What I see here is that they have trust issues and this could be indirectly orchestrated by their irresponsible gambling lifestyle where they have been declared irresponsible already, so someone like that may always be insecure since no partner will want to be with an irresponsible fellow. I just said that to show that it is not about gambling alone or the rudiments of it but what the gambling irresponsibility has cost the gamblers. At the same time, what they fear for may be true but not particularly true at times because no one should be trusted, not even one's wife or husband unless they've really proven themselves to be trustworthy. However, the issue of trust and insecurity these days are common in relationships and marriages judging by how civilization and technology have turned things around, so at time, the issue of the insecurity may not even be gambling related, but because the person is gambling and might be irresponsible about it, such would be related to it wrongly, which is not suppose to be so. Regardless, let's try to moderate things. It is never good to be addicted to gambling or anything, and whatever we are doing in an irresponsible way should be cautioned in all its entirety. All we should be striving for is to be the better version of ourselves and anything that will disturb that is worth quitting entirely, even gambling.
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Hello pals , this might Sound Crazy And funny But there are some meanings To It when looked At critically ,I Was having some chats with My colleaques in the Office And I told them that I am waiting for the right Time to stake my bets online and one of them opted that he hates gambling and that he has never achieved anything from the money he makes while gambling , and that he either Drinks with The money or goes to club with his girl Friend and many more unfortunate reasons .
Still on the matter another colleaque of mine backed him up saying that since he started gambling that he has never achieved anything tangible from gambling and that he feels that something mysterious is associated with the money he makes from gambling.
Lastly , i Dont know If you have achieved anything from gambling or you have same perception like my colleaques But for me i have achieved something reasonable and tangible from gambling , So please friends let me see your opinions on this .
Just few days ago I read a thread where a person won big and bought himself a real nice 55 inch TV. So yeah, there are people who have achieved something good from gambling but many haven't. I haven't achieved anything tangible but I have had fun while gambling and so I consider that as something that I have achieved. that must be the mindset of every gambler if they win a good big amount then they buy some stuffs in order to have a remembrance from thier winning. But if not just too big then treat your family into a restaurant or else you can buy some foods or drinks. Cause in the wold of gambling not all the time we will win and there's a time that we will loss a lot of money. So it's better to buys some stuffs if we win so that all the time we see that thing then we remembered that this stuff is from my winning in gambling. The matter of gambling winning is not as serious as many would take it, as everything is permitted in my thinking but do not squander the money on frivolities. The first thing to consider is the size of the money and what it can take care of. If the money is little, then it is insignificant, so why treat yourself, friends and family on that? It is still good to hope for better winnings even as the gambler looks towards investment as the first thing to channel the money into. Also, the gambler may increase his wagering amount since the winning has given him a better opportunity in this regard, he can enlarge his coast for that reason. However, if the winning is big enough, why not treat yourself, friends and family well with it? You guys may go and enjoy yourself, but still, you have to spend sensibly, it is not wise to just waste money simply because you make money, that can only speak ill of the gambler as an unserious person. There are businesses and investments you can channel the majority of the money into and increase your wagering amount to try a stroke of bigger luck. But this time, be sure that you increase the management so that the feeling of winning will not cause emotions and overconfidence. This is how I do my thing, but most times, since gambling is not the main source of my earnings, my winnings are treated as insignificance as though I never win. This is more so because of my activities and experience in trading and investments, so such money is not uncommon to me.
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The real win here isn't just about pocketing some cash. It's about knowing your limits, understanding that the odds are kinda like a loaded deck, and most importantly, respecting yourself. Don't let the shiny promise of "what ifs" cloud your judgment. Take your win, celebrate like a champion, and walk away a winner.
Would you bet your entire paycheck on a coin flip, even if you just won one? Probably not, right? Gambling is similar. It's about smart choices, not crazy risks fueled by the whispers of greed.
So, cash out, celebrate like you just won the lottery , and remember, sometimes the best wins are the ones you walk away from with a smile and a slightly heavier wallet. Now go out there and conquer the world, but do it on your own terms, not the casino's! ✌️
That's an AI-generated response, 100%! ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) However, what the AI has said is true, the best way to react after a win is to walk away with the money instead of getting greedy and staking it all again only to win more because that barely happens in gambling. I've seen people making such decisions and then regretting it immediately, I've done that myself as well and I'm saying this after experiencing the same. You shouldn't use the winning amount to win more because you will lose it all. Real winners in gambling are the ones who have enough patience and self-control to cash out once they win a certain amount even if they have lost more than that before, this will at least reduce their overall losses which is still better than walking away with empty pockets later on. Is the tone of the response gave it away, as it sounds AI-generated response? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I don't understand why some people can just give their own opinion on this matter. Consulting AI may be common these days, but people can re-phrase what they said and give input their own opinion also. Regarding about the topic - I would say, cash out if you feel about it and if you are not very sure about the next game. Better to have something rather than nothing at the end of the game. Most gamblers have the aim to win big, but usually they end up nothing because of that objective. This is serious, I never checked it though but it shows how uncared some members of this forum are and the only reason I can link to this is their multiple accounts in the forum. With that, they will not be able to read or write on their own but will just be using AI to write the easiest posts, which is so annoying. No wonder they block their accounts anyhow and they will be claiming foul play instead of being sincere with their ugly attitudes towards the forum which could cause plagiarism which will always lead to a heavy ban slam on them. They could have at least edited it to make their own opinion or writing ways count as well. This is just an uncared attitude. However, about the subject matter itself, I like to limit my risk no matter the situation. It is better to gain little by risking little than to lose everything by risking more. We can end the fight for a little gain today and wait for another day to fight again. These are my philosophies in trading and gambling, and I intend to keep them that way to continue to help me manage myself and settle for the best possible outcome rather than expecting in vain.
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When you have been motivated and it excite you winning comes when you don’t even think about it when it also excite you even when you lose you don’t feel bad sometimes you feel bad, but not as much as when you just go for the money yes gambling is for the money, such as how everyone intention is to make money and gambling so People that is not putting much confidence on on making the money but it exciting they make the money without knowing and those are the people that we
Many people get excited after seeing attractive gambling offers and many people get more excited after winning gambling. But after gambling, everyone gets upset. However, they continue to gamble to recover their losses and are still very excited. But when they lose repeatedly and make huge losses, they realize that they are wrong. I get excited when I gamble because I gamble for fun so when I get excited, the fun i get more. But I gamble with limits now. I used to be more excited about gambling for a while and I lost a lot due to excessive gambling. so I myself understood those things and brought myself under control The best thing is for us not to attach any emotions to gambling, otherwise, if we are disappointed, it could affect us so much. I am thankful that I started off on the right footing when it comes to gambling because my first serious gambling attempt earned me 5 times of my wagered amount, and ever since then, I have been trying to earn through it in my own little way. The fact that I had it better at first didn't enter into my head, I made sure of that and I like to try my best to make true earnings elsewhere from gambling instead of relying on it which is what makes it easier for me. Also, for the bonuses and perks, I even dislike that more, and this is because of the terms and conditions attached to them, so they can never excite me. I've been in the world of risky activities for almost 20 years now, so the entanglement of the bonus and perks through the terms and conditions were the hurdles I had to face many years even before noticing them in gambling. This feeling was what made me dislike them so easily in gambling. Guess that, the terms and conditions are worse in gambling than elsewhere. I like to deposit my money and withdraw it after winning other than winning and winning and still not able to move out my money simply because the bonus's terms and conditions have tied my hands. I don't like that!
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However, you gambling strategy can be different from mine but what matter is that if we're not lucky, no matter the research that we do, we will lose the bet.
You are right to a certain extent here. Sportsbetting does rely on a good degree of luck indeed, but skills do help too which is why it's not 100% luck dependent unlike stuff like casino games in comparison. The luck factor in sportsbetting can be further reduced through smart betting(Arbing, Card counting etc). No doubt luck is inevitable in sport betting but the more smart you are the more likely you do away with luck by getting more regular win than losses, a good analysis can hit target of wining than when compared to poor analysis and lacking smartness. Being smart doesn't determine that you are going to win but luck can be the greatest of all factor to consider in gambling. Sports is so simple in such that you only need to predicted which club will win, if you think you are smart enough and predict for your team to win, that may not happen because you can not have a successful prediction when ever you want. A sports lover will have more insight and can give a proper prediction than a novice but that doesn't make him smart. in sports betting, real fans of the team and the industry itself are really good if we are talking about football, for example. I have a friend who remembers all the players’ lineups for 10 years and who scored how many goals, and yes, he places bets and is very successful, but he is the strongest in In my knowledge, whoever I see, he’s a pro. Of course, such a person has a higher chance of being good in his prediction, especially when it pertains to his club. But at the same time, it is good to focus the beams further in the case that the club/team is playing with clubs he knows little or nothing about. This is why it is still about wide knowledge-seeking activities and nothing less and retraining. This may not be so needed in the spirit that the person knows everything about a certain club but to know everything about the team he is betting on. I said this because it is not all the time he will be betting over his team alone, there will be much more to bet on to avoid limiting his betting and earning in this regard. For this, the general information of many clubs as much as possible is advised and this can be easily obtained from the internet as it is readily available for everyone there. Ours is to know the team to buy and the condition of the betting and the options we want to go for. Then make the right analysis according to the past histories and many other information at our disposal.
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