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I think this depends on how a person gamble. There are times when a person needs to relieve his stress or take a break from a stressful jobs and so they find gambling as a tool. It will only become wrong when a person become addicted and lose control creating negative impact to his life.
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Hey! guys i need your opinion and help because i didn't know about this trading thing i only know about how you can earn bitcoin by gambling but still my friend told me that gambling is not the way to earn bitcoin but if you try trading you will earn much profit why is that so guys? trading is better than bitcoin? how? why? where to find that trading thing?
For not deep in gambling of course Trading is better than gambling, but to those gambler who are addicted in gambling site for them gambling is better than bitcoin. In my side trading is really one of the best putting our investment. Yeah, it really depends on the person whether he likes gambling than trading. If the guy is addicted to gambling already, then we have a problem with that since he'll most likely gamble all the way and not care about money. If you are talking about earning money, then hands down trading is better. No one earns from gambling but the casino and its investors. i am choose doing trading too than playing gambling to make money and i think doing trading is not difficult as long as we want to learn about trading and with some practice, i am sure that we can do better in trading and we can make money although for the first time and the second is not much money, but in the end, we can make big money from trading. It's fun to do both ways, gambling and trading. I haven't been trading much and have less experience compared to gambling. But recently, I made a trade that benefited me in the long run. It's exciting but I still have a lot to learn in trading. Trading is safer compared to gambling, but the amount of profit you can gain from gambling in a short amount of time would be significantly bigger compared to trading. That is if you hit a jackpot but the problem is if you hit the losing pot? Then it can also said that gambling in a short amount of time can eat all your funds than trading. Besides, I think this kind of thing is situational, I have seen someone trading earned more than 100 BTC during the pump. |
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Well I do play gambling and analyze it. Think how much I am willing to put as my bankroll, my exit plans and a lot more. Analyzing the situation is essential specially when you are in a disadvantage stance. It will always save you from losing more money.
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Yes playing your specialty like betting in sports for a newbie is good. But we know that newbies wanted to try things out of their curiosity. I just don't get it where you got that 77% of chance of losing. I don't even know how to measure the chances of winning and for a newbie we know that higher chance of losing is there.
There are some games that actually high chance of losing like slots game or any automated system or program.. like dice game slots.. unless if you are gamble in real and live games.. like like you mention sports betting is one of the good place where we can gamble that has higher chance to win. than the other games. I believe those games are very applicable to newbies, because they don't have any experience so that will be the best thing for them in gambling. TO try it out with pure luck games but we know sports betting is also another good game for newbies since most of us are sports man and are all fanatics of a certain sports game. If there are no newbies then there will be no next player. Everything have newbie experience even the most professional gambler was once a newbie. So I can say there is no problem playing gambling game if you are a newbie besides, who know if you will be the next millionaire in gambling industry. |
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In gambling there are indicators that I followed in order to know when I need to stop. If my bankroll got emptied I need to stop and not deposit any further. If my bankroll got 2x then I need to stop in order to avoid future loses. These are the two indicator I follow.
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No I am not rich yet from gambling but I am hoping I will hit the lottery jackpot so that I will be rich from gambling. I doubt I can rich just by sportsbetting or playing dice or poker. I have a very low bankroll and all I need is the lottery Jackpot for the millionaire thing.
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Major causes of gambling addiction is:
- Many people have trouble in life and they see gambling as a way to get out of a difficulty
- A lack of entertainment area suiting with their interests, so many people have to gamble
- Gambling is a way to escape the problem (alone, lonely, bored, ...)
- Many people think that gamble will have a lot of money
- No job, unemployment
- Feel get money from gambling is easier than go to work
- Lack of love and care from the family
- Difficult to integrate in the society
Pretty much false, the major cause is still your own fault for not stopping when you have the chance. Everyone has the chance to stop however only a few actually stop when they feel enough while the rest will keep on going until they lose, point is that we control everything that happened in our life if we make the right decision Stopping when you are having a winning streak is very hard, to be honest. This is so true with new gamblers but to professional gamblers, they know when to hold and when to run, as what the song is saying.. That is why we need a self discipline to do this. It is really hard if you lost control of yourself but if you are on top of all the action, you can easily manage to stop whenever you decide to stop even if you have a winning streak. |
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Mathematically everyone loses in the long run. This is because of the fact that there is a house edge and the chance or possibility of winning is bigger for house. but we can counter this buy time cutting, meaning play and when quit when we are winning.
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Betting/sports betting have little risk than gambling but you may have to wait for few hours till you can see the result/outcome from your bet in sports betting. Gambling is riskier but in short period of time you can multiply your bankroll if you turn out to be lucky. Sports betting is better for those who have in depth knowledge about games and gambling is good for the one who like to get instant result and multiply their coins in one roll.  Betting or gambling is both risky and how can you determine and identify that they are actually different? For me they are just the same and it's up to you on how you are going to say what is the best / better. Whatever you do as long as you are betting your money or gambling it for real, it's actually the same guys. Its actually the same and im confused why people do really compare this thing and until now they keep asking on this matter and this topic is already been discussed before as far as I remember. You will need to bet for you to able to gamble and which means its part of gambling. Betting is much different from gambling since we can analyze the match before it happens and reduce the amount of loss during our betting career. I have witnessed many people become rich thanks to betting and you have to admit that sportbetting are fairer than gambling. In general, they are the same, but in particular, with some skills and knowledge, you can separate them into two different fields Lol pick up your dictionary pal. Just answer this question, if you Bet do you gamble your Bet? Isn't Betting is considered gambling? How can you say they are different? Having more edge in betting does not mean it is not gambling or fall under gambling category. |
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Yes, experience does matter in gambling. With experience it will let you analyze stuff in different view. Experience teaches us something that is not known by newbies, either emotional control, and different approach of strategy. With experience we are able to tell which method will work best in certain gambling games and which one has no effect.
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I think I won't be playing with my profit nor the bankroll if I ever have won a decent amount. This will secure me of my winnings and at the same time my starting bankroll. So I would rather quit and play another day than continue with the bankroll or profit because the possibility of losing is is very huge.
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Why is someone get addicted to gambling once he gamble ?
Perhaps, they may have heard to some of their friend in gambling you will become rich, that's the thing comes in their mind which leads them to become greed in the money, but unknowingly their interest was already there for them to become addicted in the games while doing gamble in the gambling sites. Nope that is not the reason why they are addicted. That is the reason why they are attracted to gambling but being attracted and addicted are two different thing. Addicted to gambling are caused by the the hormone produced in the brain, that makes the person rely on the substance to alter their mood. |
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If ever I gamble and win, I always make sure that I keep and save 50% of the total bankroll plus my winnings to make sure that I will not lose all the amount I have. And then continue to gamble until I reach the target winnings.
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I would like to differ things a bit as there are delays when it comes to bitcoin and recently the delays are increasing while sending and receiving coins
Slow confirming transactions happen because people don't look at how the network is operating. I am not sure about other wallet clients, but Bitcoin Core gives you recommendations when it comes to including proper fees. If you just adapt to the situation where you include proper fees with your transactions, then all your transactions will confirm within 2 blocks. Just don't be stingy as it won't do you anything good - time is money, and money is time. The electrum wallet also auto adjust the fee so you get a decent confirmation time, I think the fee you send must depend on how fast you want your transaction to get confirmed by the miners, if you need it fast then send a big fee but if speed is not necessary then sending a small fee it is fine. I agree electrum have dynamic fee option where it adjust its transaction fee . If you want to confirm your transaction fastest, just slide the tx slider to the right for maximum tx fee. But average is fine in my own experience.
Even if bitcoin is some how experiencing dip atm, I believe that it will reach $1500 this year. New funds, new people coming in to Bitcoin this year. |
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Bitcoin was created by satoshi as a decentralized currency. But, since china has huge mining power, most of the bitcoins are mined by chinese miners.Obviously, chinese hold majority of bitcoins so that they could decide the price of bitcoin. For every small changes occuring in china related tl bitcoin, it has a world wide impact.Its not good for bitcoin progress. Unfortunately, we have to accept that china controls the Bitcoin.
How does china control Bitcoin? If you look at the mining charts, though several mining farm is located at china, it does not mean that chinese government own them. This are different company with different people. So there is no way that China is controlling bitcoin |
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No, there is still a lot of way to earn and the earning from signature campaign got a limit and it is still cant support your life, major source of income is by trading or passive income, from investing, you need to find source of income which has unlimited way to earn
How can you advice me, I do not know how to trade, I do not have that much of capital, I am still newbie and joining a signature campaign is not profitable for me or worst no one will accept me. I read you said there is unlimited way to earn, if i can do that passive way would you suggest anything to me? |
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My plan is to be rich, not poor, I hate poverty. I'm trying to spend all the time I have to work. I can do what I want to do when I have money.
That is one of the most misleading ideas that most of us have in mind. "If I work hard right now, I can have fun later." But when exactly is "later"? There are people that have been so worked up, they have in mind that someday they will stop and finally do the things that they've missed doing since they've been very busy from work. After a couple of years of working, you would still have the same "later I'll have fun" mindset. You should start having fun now even if you aren't rich yet. You don't need to be rich to be able to do the things that you want even those things involve spending huge amount of money. You just have to save enough money. "You get a job, so you can afford to have a life. But then, you spend all your time at work and end up with no time to live the life you're working for." -- Some quote from google. The solution here is to work hard using our brain. By doing such, we can see what is happening around us. We can recognize opportunity and the possible works that hinder us and removing it from the system of our work loads. Being smart will bring us new oppportunities tandemed with dedication, focus and hardwork, will eventually promote our way of living thru earning more money than the usual way. This is helpful but to make it healthy , we need to have a proper time management and at the same time financial management skill. |
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I think hacking occurs anytime. Hackers when find a glitch on any system never wait for the price of the item to increase to start hacking. They must act fast because the glitch may have been patch and they can't exploit the security weakness anymore. So regardless of when, hackers hack as soon as they found the way to hack the system.
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The US government wanting to tax bitcoin is a good thing. By doing so they're legitimizing bitcoin. I see no problems here as I'm not interested in bitcoin to make money tax free, but to change the world.
I agree on this. Tax is needed to be implemented to legitimize the usage of bitcoin. If tax is implemented then bitcoin will be in the mainstream in no time. Also this will bring an increase in adoption that will result in increase in Bitcoin price. |
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Of course Bitcoin has competitors, all the other cryptos compete against Bitcoin. Not very successful right now, but this can change any minute. Also Gold serves a different purpose, because most use it not as an investment to make money, but to diversify. If the stock market and Bitcoin go bonkers, then you still have some value not like people who lost it all.
None of the other altcoins have even one-hundredth of the user-base which Bitcoin is having right now. They can't rival Bitcoin in popularity, reach and technology. That is the main reason why their exchange rates are not rising right now. The main reason the exchanges rates of other coins are not rising is because right now there is a massive pump in bitcoin and so everyone wants to get a piece of the action, while other coins cannot rival the popularity of bitcoin to say they cannot rival bitcoin in tech its incorrect since there are other coins with very interesting algorithms and features. This might be the reason for the weaker coins but if you see the stronger coins with solid community behind it. They are going up in price along with bitcoin. I can understand the reason behind dumping coins that has not much of development or strong development team because it won't go up that fast the same way Bitcoin is going up in price. So better ride the uptrend of bitcoin that bagholding a non-uptrending altcoin. |
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