Oh, yeah. Professional gamblers do exist, though I don't think there are that many but I personally I know a few. I respect what they are doing but I can't be doing this for a living as the amount of stress is tremendous and I can't be left in situations with no money because things didn't go right. I only entertain the idea of gambling for a little fun and more experience but never as the sole source of my living.
I do not think that there will be people who will be gambling as their profession as I myself saw some people who try to rely on gambling for their whole life but they do not always win in gambling, I am talking especially for the casino players while there are some people who are betting on sports who are very lucky to rely for their life on betting but they also sometime lose some bets. |
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Some people are losing $100 daily or $200 a week or $500 a week how about you
Have you counted or estimate all your losses and thought what all your losses could you buy, do you sometimes stop and think on all of this.
I'm not a big gambler but I estimate I could already buy a good class mountain bike with all my losses, how about you?
Yes. I also estimated my losses after i got home from a casino, especially if i lose a lot of money, so that i could if i gamble too much. It is also the reason why i only bring the only money that i need in gambling, so that it would not be a problem if i lose a lot of money and i already know how much money will i only lose. It is easy to control in physical casino adopting your strategy to bring only limited money to casino but in online casino it is much harder to control ourselves as we have also our wallets online and if we continue without control then we can lose all our money till the end of our money or a big victory I think you have either not estimated your losses in online casino or you do not play in online casino. |
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I am a little bit curious about this because my boss just told me last week that on their country, they have tools maybe software that predicts or simulate the horse racing game (not sure if this is an A.I.).
He said most of the people using that kind of tool/servce are winning a huge profits.
This thing is just like, you don't need to analyze or think anymore, you will just place your bet.
Here's the questions,
Is this really possible on gambling(any form)?
It is not illegal?
Recently I read about that in an article but at that instant I felt doubt that this will not be fair like other games so I not gave attention to that betting and did any further research about that. It is either not a legal or fair game or I do not know about that game and feeling it a tricky game in which if I entered then I will not win. |
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Wagering Contests are the most popular promotions in the crypto gambling world.
What trigger you to join the competition, and what strategy you use?
It is really the best thing for both the owners of the casinos and for the gamblers as the owners get a great promotion getting good number of gamblers and earn a good income, the gamblers also get a chance to win a big amount according to the contest. I have tried my best to join it many time but as I have to care for the needs of my family I cannot wager much amount and cannot win. |
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Some people are losing $100 daily or $200 a week or $500 a week how about you
Have you counted or estimate all your losses and thought what all your losses could you buy, do you sometimes stop and think on all of this.
I'm not a big gambler but I estimate I could already buy a good class mountain bike with all my losses, how about you?
No I have not counted all my losses because I have not lost much in gambling because I have control on myself and I mostly play with the signup bonus and try my best to learn well with that money after that I try to spend some money but not in large amount. |
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As a gambler, we shouldn't be addicted to it because in most cases we will lose money continuously. While gambling we should always gamble on the timely manner because if we continuously gamble definitely we are going to lose money. Gambling itself indicates there is no word for guarantee while investing your money.
Experience is the best teacher and also learning from other experience has made me learnt that gambling consider it for entertainment and not as a regular job where you want to just earn money. Play to enjoy and not to only make money and if you win be more than happy as it is bonus. This will only make you happy and not greedy. Learning from other experience is really good because you do not taste your money in there. In the time when I came to this field I was very worried about my money and afraid from risks so I not invested in gambling and I played with the bonus of the sites and from there I learned that it is risky to rely for money on gambling and we have to play only with what we can afford for entertainment. |
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Some people gamble in a hope that they will be lucky enough to win some big money(but in reality most of them only lose). Some gamble just for entertainment. Gambling for entertainment is at least okay.
Self-Entertaining by risking money, I think it didn't make sense to me because in reality the gamblers wanted to win and profit. If know you will lose in playing gambling, how do you keep playing? a lot of entertainment that can entertain you without wasting money. That's true, but if there is nothing as money or some gifts for the winners then gambling could've never been popular as now. People always look for something that gives adrenaline pumping along with the earning opportunity. This is perfectly happening with gambling which seems to be the real reason for gambling. But I think it is the entertainment in these games which attract people to itself as we can see many people play many games which do not give any reward or money and still people have hobby to play them and they do not leave it so even in gambling people like the entertainment it gives and because of it they do not leave these games. |
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Betting on sports is not mentioned but I will favor that if we are betting with a second person and the casino remain a third party and will get a commission because in that the casino just take its portion and will see the results that who will win.In this we cannot say that the casino will do any modification in the result.
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I can't deny that everyday trading feels like we're playing with fire, it can make us burn anytime but you should know that this fire is still under our control, it cannot burn too loud, every time it has special fluctuations, we can still come up with reasonable solutions, without causing too much damage. While long-term investment does not bring the feeling of playing with fire but this fire is just hiding, if it continually broadens its scope of activity and accumulation, when the burning happens, all will become ashes
Even trading in stock market, buying and selling of cars, properties, they are all need required take risk, no assurance at all, so we can't really say that we can earn from them, unless we tried it right. Trading is not that easy, as you need to become expert or familiarize trading so you will know the thinking or the mindset of some traders, so a lot of experience will be really needed. Right knowledge and correct path to partake are very important before we take the actual risk investing out our money and time. There's no assurance but it will lessen your chance to lose your investment if you know what pattern to follow and what skills to use in order to find your advantages. Everything is about how will you deal and how will you exceed to your limitations in order to gain success. We know that there are many traders who always get profit in any place they invest and do trade, the reason is that they spend time with those assets in which they invest and they know all the factors of getting profit from that assets. That type of trade we have to start. If we will spend time with crypto coins and will invest in those coins about which we will know from the start and each and every aspect of that coins then we will not lose. |
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Can you involve money for you to stop gambling or a gambler can really stop after he promises that if he wins this jackpot he will stop?
This is for the big-time gambler or those who gamble habitually or even those who have the urge to gamble when they have available money.
I think even i win a huge amount of mlney in gambling, i will not stop playing gambling because i already consider gambling as a part of my life or a habit because i play gambling for my leisure time and it helps me to relieve my stress after work, that is why it is impossible for me to stop playing gambling. Your situation is different from others for whom this question is asked as you are gambling for pleasure and that is what the gambling made for while those for whom this question asked they gamble to think that they will earn a certain amount of money which make them addict to gamble and they do not leave to get their target. In this some people get their target luckily but many people lose all of their money and get nothing in profit. |
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I think gambling is the best way to spend money. You can gamble for two reasons.
1. If you have a lot of money, go gambling to reduce them.
2. And if you have too little money, go gambling to increase them.
But gambling is not something that will make increase your money or decrease money. It could be the opposite. Suppose you were gambling to reduce your extra money but you won the gamble and your money is increased. Think again you have very little money. You try to gamble to increase them, but you lose gambling and lose all your money.
So anything can happen in gambling. So should not go gambling with any hope.
But in case of gambling I do not agree with both of your points because there is no any person in the world who have money and want to reduce them, everyone want to increase their money no matter how much wealth they have. In case of your second point it is seen everywhere that people for increasing their money come to gamble but some people get success in it and some do not as gambling is not for increasing money but it is a place for playing games not a source of income. |
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I don't have a problem with fiat. IMHO, I don't think crypto can compete with fiat on any level as money. It's not stable, not a unit of account, poorly accepted throughout the world, and the list goes on.
Crypto is great for speculation, censorship resistance and cross-border value transfers. Great features, but does the average person need all these features? I don't think so. Speculation is what 90% of the people are here for.
The problem with fiat appears when we have to pay high fees while transferring it via a third party which is also a risk that we rely on a third party for our transactions. Even fiat is not stable but the volatility in cryptocurrencies is high because of small community which is increasing day by day. Anyone when hear about the features of bitcoin happily accept bitcoin and use it, and so on. . . Crypto is really happily accepted for speculation but many traders also do the same with other currencies (fiat). You can observe an average person have cryptocurrencies who have invested their money in it or accepting and using it for their daily needs in their own countries while you can see that USD is considered as a global/international currency but an average person do not use it in their country or do not hold USD for future. That is all which make cryptocurrencies better than fiat. |
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I have control, I stop when I run out of money to gamble  . but when I still have the capital, the desire to limit betting in gambling is a bit difficult because there is a sense of wanting to get more in betting. lol that means you can't control, because the most important control is when we have a lot of capital, and we have to be able to avoid a lot of losses, the point is don't be greedy. When playing gambling and suffer loses you must have the control and discipline not to gamble again. When experiencing difficulty to stop and wanting to roll out again you cannot control your eagerness in playing. Just stop to avoid more loses. This strategy can be adopted by only genius people as they know that when to play and how much to play and they can stop any time they want while if a person is not much intelligent he will not know that how to play and he cannot estimate that where he will face the risk and he will continue thinking that any time he will win. This thing make him lose all of his wealth. |
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Like the games that we play on Facebook will start accepting payments in Libra and all the other money dealings will be actually carried out with the help of Facebook’s very own digital currency. The bill will be passed. The coin is highly centralized and utilizing it does not make sense at all. Anyone who loves his freedom and privacy, will invest in bitcoin or ethereum. But this kind is again a rare one.
Even if they accept Libra, they will be accepting the other payment modes as well (such as PayPal, Visa, Master.etc). So my question is how they will make the users prefer Libra over the other options? Libra is a new payment method and at least initially the vast majority of the users may not be comfortable in using it. So unless they give some good promotional offers, no one is going to use Libra. If they are creating their won coin for their payment system for facebook then it means that they will not accept other coins or payment processors for facebook. Or if they will accept other payment processors or bank cards then it will mean that they will choose other payment processors and banks for fiat users and their Libra for crypto users. |
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I see the World is Going to the Way that no Middle men anymore!
Like decentralized banking the New era of living.
Like uber and Even mobile apps where u can hire someone for the Job or u can get job anytime When u Want....
But the question is :
What about Middle - men?
If we Don't have banks anymore traditions ways then are the bankers Will be unemployed?
Do you think life without middle men Will be better?
These middle men are the same people like us they have the same minds as we and these are the people from among us so they will also join our community and they will not remain jobless. If they will lose one opportunity then they will get many other opportunities which will be far more better than the previous one. So don't worry for the decentralized era it will make us more stronger and independent in the financial world. |
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Hi julerz12!
We have chosen to create our blockchain application on WAVES due to its ease of use and low transaction costs. In general, therefore, we think it will be a more effective and simple solution than developing on Ethereum or others.
Certainly on Ethereum there are many more projects and it is more used, but we think that Waves is equally valid, considering also the new Waves Enterprises project for the development of mixed, private and public blockchains.
After reading your project I found it beneficial for that field but in the platform I will support julerz because most of the crypto users like to take part in the ethereum projects and when the developers do not leave the project the crypto users gather around the project giving it a bigger value in the market while the waves lovers are much lower in the crypto world. |
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Sure they do. The difference between them and non-expert traders is that they learn sth from each trade. It's not a shame to lose money if you get a lesson out of it!
Maybe they hide their lose as they don’t want to discourage the new traders. Mostly it comes as Ego problem that what people will say about them and their good name of being an expert traders will get affected by this lose. I think lose and profit is part of our life where there is profit there will be lose as well so its bad to make issue out of it, just admit it and next time avoid mistake to earn more than you lost. I do not think that they will hide their loses because of their ego and hiding their loses will not help the new traders as if they will hide that how they lost then the new traders will not be able to avoid that loses. Expert traders share their real trade strategy and they want more and more traders to come and to trade with courage as it help the market to increase the volume. If any trader want to hide his loses then it may be because of any competition if he have any among his friends or any circle of him. |
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~snip~
If you can be killed tomorrow for your debts, then you simply do not have time to wait. In your case, it’s much easier to go to the casino and risk doubling the capital, it will put everything in red or black.
They are even both risks. Trading is a sort of gambling and I think there's no assurance that your money will double in just two months. That's it, dont borrow money if you want to trade, just set the money that you can afford to lose or the money that you may consider an extra amount in your wallet. Remember that there's nop easy money but if you think you have potential in trading and you feel to double your capital, just try in a little amount of your money. But I have a different point of view about trading as it is gambling only for those people who do not know about trade and cannot predict the market and jump into this place as the same happens in gambling where the players cannot predict the result of the games. But for those who are much expert traders the trading is a very important source of income, they can earn a good income from trading and they adopt it as the main source for feeding their family. Keeping that points in mind I will suggest to OP that if he is expert trader then no one can stop him to double his capital with trading. |
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Investing in something that we don't know about at all is a mistake. Indeed, sometimes we have to do things our own way, but if we don't know how to do to be able to at least survive and possibly be able to make a profit in cryptocurrency we need to know and understand how to do it by asking our friends to teach us how to or perhaps by asking for advice from others.
without knowing the potential of a project and we invest, I think this is a gamble, where there are only 2 choices, namely winning or losing. I think this is very unfortunate for investors, because it is not wise to invest, we should gather as much information as possible before investing on a project Now almost every project in which people invest is such as this. you will either get a good project or stay with shitcoins. Example: MZG - everyone said that this is a very cool project - but in the end, its price has fallen so low that now no one will need it It happens nowadays to a lot of projects. Many developers often leave to support their projects after collecting money from people and many do not like to spend some money to list their projects on high volume exchanges. These both conditions destroy the value of the coin and then no one like to take interest in that project. If the developers take care and do not adopt that two conditions then their project will not fail and will make them the best developers. |
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2020 will be the year of BTC and ETH. BTC will be pumped due to upcoming halving. ETH will be pumped due to upcoming update ETH 2.0 + investors will be lured to staking. And maybe, the world crisis will come and investors will look for alternatives. So be positive in these hard days and cumulate more Bitcoins and Ethers  . if this is the year of Bitcoin and Ethereum then around the majority of altcoins we will also see a lot of news and updates. if everything will be so good, then everyone who is now increasing their portfolios will become rich All other coins which have solid business or a strong community will definitely rise in value because when bitcoin market gets good health then all the investors start to invest even in other good coins because they think now the crypto market is better. They all correlate the bitcoin market with the whole crypto market. |
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