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1241  Economy / Economics / Re: If you want to get rich, you have to become immune to the money.......! on: January 25, 2024, 12:00:14 PM
Focusing on creating value, serving others, and prioritizing the present work can lead to true richness. Successful individuals often adhere to principles like passion, resilience, and continuous learning. not only that, staying persistent with passion is an ideal way to make you rich.

All the aspects you say are aspects that can only be achieved by anyone by never stopping working and hoping for the best. Because persistence and enthusiasm in each person will be seen when everyone works at a job they like with a level of income that can be quite satisfying and continues without any thought of stopping after earning a certain amount of money. Principles like that have actually been around for a long time, it's just that sometimes not too many people use them, even though they are quite good principles if they continue to be carried out with the right time discipline.

Apart from that, the process of becoming rich is never instant and also never easy for everyone, even if someone is born into a rich family. However, this is only his family's wealth, which is basically not the result of his own hard work through life, so it is very important to apply the principles you mentioned to life if we want to make ourselves rich. And no longer depend on other people and our own parents for anything as long as we have the ability to do it ourselves through the path of life of our own choosing.

that's right someone will look enthusiastic if they do what they like as well as what they want like having their own business,  of course they will do it with enthusiasm and persistence from themselves other things they will also do such as doing the best for their business, because if they already have the intention to start a business then they must be ready to run everything Including the risks that will occur. what you said is true,  if it is carried out with discipline it will also be good for the future so someone will be excited if they have found what they want,  also by doing what they like I think it will be good for themselves.

to be rich or to be able to achieve financial freedom of course we have to work hard, especially if it is accompanied by smart work then it will be very good. some people who do things that do lead to good thing they tend not to last long. like running a job  sometimes they get bored and think about looking for another job in my opinion this has a good side,  because then they dare to take a step forward,  but if their decision is to quit then it is a bad decision. It's true what you said we should be able to live independently by not depending on other people or parents especially if we are older then I think it needs to be done. if they are already adults I don't think it's natural for them to still depend on their parents,  because someday they will have their own families that will be their own responsibility.
1242  Economy / Economics / Re: How to stay poor! on: January 25, 2024, 11:40:06 AM
There is no good reason to choose to remain poor, as poverty can bring different challenges in life.
Education, skills development and efforts to improve personal economic conditions can help avoid poverty.
No one wants to be poor forever and that's why many are trying their best to get out of it by doing those things in their capacity that shall bring them good life in the future.

First start off with having a good education but what OP is trying to tell if you want to be poor forever, you should yourself if you're doing a bad habits through on what he has mentioned.

That's true, because generally everyone wants financial freedom, so many people are looking for work by trying their best and working hard with the aim of achieving financial freedom. as you said, they work hard to get out of poverty, not survive poverty, if they really want to survive poverty then they don't need to bother doing things that lead to money, just being lazy is enough to help, but it seems No one wants their life to continue in the poverty phase.

I don't know what OP's purpose is for holding a title like this, because basically everyone doesn't want to be in poverty forever. Also, the large number of children attending school means that they must have an education that can guarantee their future, therefore it is almost impossible for anyone to want to survive in poverty.
1243  Economy / Economics / Re: Learn to use DEBT in a proper way to create asset on: January 25, 2024, 11:20:08 AM
Debt is something that a person should always avoid if possible. It is just an extra burden that can be a lifetime headache, so as long as borrowed money is intended to get an income source or boost current business it is okey. I have seen people trying to pay off his debt till his death and in some cases his children inherit this burden as well.

I don't understand what OP is trying to conclude here because I don't see debt as good or bad. If someone can pay off his debt in time even if he use that money to have some liabilities it shouldn't be any problem.
youre talking about bad unproductive debt where its just utilized for something consumptive not necessarily adding value to your asset worth as well as don't give you passive income of course it will be burden, i think what OP meant is that taking loan for buying something that gonna increase your asset worth and passive income instead, so that the debt will pay itself from the profit you get by renting a property for example if you try to borrow some money to buy property that actually has some worth since housing right now is needed more than ever and not everyone can afford to buy house many millennials are just renting house.
so basically you are taking some loan even though it seem like you are in debt but actually you don't really use that debt in consumptive way, if worst get to worst, then you can simply sell that property that's still in mortgage (its possible) and then be done with it at worst you just only lose some small amount of money.
If you are really that mindful about into your future then it would really be just that fine or normal that you would really be having those kind of advanced thinking on how you would really be making those things
to make it happen in the future on which you would really be needing to be wise when it comes to spending on which we do know that this is really that needing to have that kind of decisions on which
not all people would really be able to do so but rather they would really be focusing into things on which they could really be able to make their own and would satisfy themselves without having
those kind of plans into their lives.

Bad debts and Good debts, it would really be just that impossible that you cant really be able to make yourself that realize on determining about the two.
If you would really be going into the path that you would really be making such lavish life and making debts then you would really be ending up on
wrecking your life with.

Taking out loans carelessly will of course be a problem for us in the future, including our future, even though it is said to be in the short term, bad things could happen. especially by using debt only for unimportant needs, such as to fulfill style desires, I think this happens to many young people today, they tend to prioritize style over needs so that quite a few young people have debt.

In my opinion, everyone should have a plan for their life, including the future, because the future is determined by us from now on, if for example we use debt and spend it properly, such as for business needs or other things, then it is likely that this will not be a problem. but if it is as I said above then it will be a problem and it is possible that it could hinder or even become a problem in the future.
Of course, in my opinion, everyone can determine which choices are good and bad, but on the other hand, there are people who dare to take very risky actions, by taking out loans even though they are not really needed, such as just to fulfill their desire to be stylish. I think that's a bad move or maybe stupid.
1244  Economy / Economics / Re: Financial education and why it should be a priority. on: January 25, 2024, 11:00:03 AM
In my opinion, there are schools that teach things related to money, such as accounting subjects or majors, but I don't know whether all schools teach this or not, but what is certain is that there are schools that teach this as I have said in the field of accounting because I think we really have to study the financial sector including managing finances well, because that can determine our future  if we can't manage our finances well, it's possible that even if we have a large income it will always run out and it's not clear where the money we earn goes. That.

Regarding parents, I also think they have the right to give lessons about finances, because lessons don't just have to be at school or college there are many things that can be learned from the environment around us too and in my opinion school only teaches us to be smart, but not by teaching us how to make money for sure,  because of that I think we need to have good money management because when you have a job of course what you have to do is manage the money you earn properly. as best as possible don't let the money run out in vain, because if it continues like that then life will feel like everything is lacking.
Education is important, but context too. Accounting in school is like swimming on land. You know the moves, but water is different. Personal finance is about habits, decisions, and real-world issues, not just numbers. Understanding the economy, money flow, and balancing wants and needs are key

You're right about parents teaching financial savvy. Were they the first teachers? The problem is that not all parents can teach these lessons. Schools might teach practical money management. Giving kids the tools, not just a map, to navigate financial waters is key. Skills like planning, saving, and investing turn a decent salary into a rich future. Not just making money, but making it work for you

That makes sense, because we should understand everything related to our own interests. There are so many young people nowadays, they don't manage their finances well, they are easily tempted by new things that are currently popular, and those who have prestige mean they have to spend a lot of money just to be stylish. what I noticed is, they don't have jobs that make money, but they still force themselves to be stylish, this is normal, but if they force it it would be the same as killing themselves.

I think they are the first people to teach all good things, but in my opinion parents are more than just teachers. Even though not all parents can teach this, what is clear is that parents teach their children the best. and when they are adults, they will have their own thoughts including their own choices about what they will do, because the environment can also make them change and at the same time they will also learn many things outside the school or home environment. But what they have to pay attention to is not to make the wrong friends, because if their parents have taught them the best, then the child will of course do good things too, even though the surrounding environment can change them, but if they themselves have a good mindset, I think they will do good things, including with his finances.
1245  Economy / Economics / Re: The savings problem on: January 25, 2024, 10:40:12 AM
That's right, there should be a prediction that life does not always go without financial problems, for me vacationing and spreeing is a form of entertaining myself but that does not mean spending all of it or even taking from savings, I think there is still that. It is not a problem to fulfill desires including going and buying what you want as long as the ratio is maintained and there is still savings (clear management) that I feel when I need money including trading capital, of course it must be prepared rather than waiting for urgency.

going on holiday and going on an excursion is one way to pamper yourself, so that is a normal thing, in fact, in my opinion, what is not natural is people who do not want or have no desire at all to go on holiday, because in my opinion, taking a vacation is a necessity that must be done. with my own aim to refresh my mind, including making me relax because I like to vacation in places with a natural theme, and of course this requires money to do it, but the other side that must be considered is finances too, as you said, with holidays like This doesn't mean we have to spend all our savings. because that is not a good goal.

In my own environment there are many young people who go on holiday, but before going on holiday they collect money first or save, but only for the holiday, so after going on holiday they don't save any more. I think they have a little thought that needs to be corrected, because even if they don't have a purpose for going on holiday, they should save for their future and for their own good, also on the other hand, of course we will need emergency funds that we must have at certain times. , so in my opinion the importance of having savings is that it can help us at certain times, especially if an accident or illness occurs, of course this requires money to pay for treatment, so the younger generation should be able to think on this side.
1246  Economy / Economics / Re: Passion for skills. on: January 25, 2024, 10:20:03 AM
So, my question is very simple. What skills are you currently learning or have learned and are earning from, and what is the reason why you picked it?
Currently, in my area, many young people are becoming content creators. So I also followed trends and started learning about everything related to content creators. Starting from Video Editing and such.
And I also have several friends who are studying together and we have the same passion, namely to become content creators and hope to get additional income from there.

I am also sure that many members of this forum are content creators. Because the era of digitalization has really brought changes even in money-making opportunities. It's easier but requires more skill and tenacity to do it. But I believe if we are willing to try then we can do it in the end. And let the results come to us with the will of the Almighty and through the results of our hard work.

Improving finances is almost everyone's goal today. It's just that we must not forget the importance of being grateful and remaining a happy person.

That's good, because now technological developments are increasingly prioritizing everything being online, including content like that, but in my opinion, even though it can be done, of course it has its own risks and conditions. When you want to be a content creator, you have to have good self-confidence, because you will appear in front of the camera where many people can see it. I myself don't have good self-confidence, so I choose to just work behind the scenes.

Another aspect that must be paid attention to is that you must have tools that support you to do what you want to do. In my opinion, this can be done if you are consistent, because you are looking for customers to be able to see, share, like, and also support your content. It's not easy, in my opinion extra energy is needed for this, even though you can do it by just staying at home. do it if you really believe in it, but don't do it if you are only half-hearted enough to do it, it will be a problem later, also things like this can cause problems with your own friends, whether because of popularity or something else, also with the content you are going to create. It must be entertaining and educational, but it cannot be denied that currently there are many content creators who create content that doesn't make sense, but many people like it, they are also human, you can't guess their thoughts. so just do it if you are sure.
1247  Economy / Gambling discussion / Re: I could have won bigger. on: January 24, 2024, 09:53:56 PM
Your predictions went smoothly and successfully won the bet. I guess it's not always like this all the time, sometimes you win and sometimes you lose. And each of those times have a feeling that comes with it. When you lose you feel sad and when you win you make merry. Which is what you are doing now. I understand how happy you are that you won and i also understand how regretful you are that you did not stake with a higher amount. However, if you had bet with a higher amount and lose you will be disappointed by now, just remain satisfied with your winnings.

Yes and I also understand that he was quite regretful that he did not put all the budget he had set due to one of his friends who had borrowed the money first so the intention to allocate a larger amount failed and the regret came when it turned out that the session ended with a win but could only get a small winning amount. As you say that gambling is about winning and losing and always nothing more than that, we have to go back to the initial understanding that gambling is a "chance and probability" activity meaning that losing and winning are possible.

If at that moment you regret only getting a small win then doesn't that mean you are one of the ungrateful gamblers right? I understand regret is natural but we also shouldn't be too excessive in feeling it because after all this is gambling that is completely unknown in the end result, and as you said that logically if he had put a bigger amount and lost then wouldn't there be significant regret and disappointment? This is why it is always advisable for all gamblers to take full responsibility for their gambling activities, meaning being able to accept whatever will happen at the end of the session and ending the session with a win is much better than losing even if the winning amount is not too large.
1248  Economy / Gambling discussion / Re: Do you believe in gambling experts predictions? on: January 24, 2024, 09:31:42 PM
Honestly for me this is something that contains a lot of questions, if indeed you find someone who calls himself an expert along with suggesting you to follow or fund his gambling with some explanations that he says and also by including promises that the final result will definitely win, then maybe for me, I would not be at all easy to believe with him, because after all gambling is a lucky activity that runs randomly and there is absolutely no certainty whether you will win or not at the end of the session.

It seems that only people who are completely unfamiliar with gambling can easily believe the words of those who are called experts, because for people who have quite high flying hours in gambling involvement I think they will not be so easy to believe. At the beginning of the conversation you really have to ask a lot of questions as well as ask him to at least show real evidence of the winning streak he got, and I seem to be quite sure that those who are called experts will not be able to show this. Another thing and logic is that if it is true that they are experts in gambling, then why invite others and why not do it yourself? after all, even if they only bring a small amount of budget, isn't the result sure to win? of course this is a big question for me and also what makes me distrust those who are called experts.
1249  Economy / Gambling discussion / Re: GAMBLING DISORDER on: January 24, 2024, 08:25:11 PM
How can one control the uncontrollable urge to keep gambling despite the toll it takes on once life.

It's getting worse every day. I'm extremely depressed I have thoughts of unaliving myself more often, some times I feel the betting companies manipulate people spiritually to get them addicted where be playing without plans and strategy. Once a bet place get cut, there is this uncomfortable urge to quickly book another one with the plans of recovering the first money lost but it will end up cutting again.

I guess I can't understand why someone would do something that continues to be a bad time for them.  If you're at the point where you're considering suicide over the vehicle of entertainment you've chosen then do yourself a favor and find some other form of entertainment.  Gaming using a game console isn't all that much different from gambling and you can't lose money (other than wasting it on in game items maybe).  I think finding a form of entertainment you can enjoy and a separate form of employment will work wonders for you.  Gambling isn't a job and I think that's where you're making your mistake.

One of the reasons I think is because of the inability to accept the fact that they lost, usually this is the starting point for a gambler to act out of control and out of his ability and this happens as a result of the urge for recovery, this is why we must have a correct understanding of gambling along with agreeing with ourselves consciously about the basic concept of gambling which is that gambling is a for-profit activity, meaning that anything can happen, you can get the victory you want but on the other hand you are also very likely to lose.

But it is a fact that most gamblers cannot apply the right understanding of gambling to themselves, usually this happens to those who are too focused on the chances of winning so as to ignore the possible risks that are clearly inseparable in gambling. On the other hand it is ridiculous for someone to lose the will to live, I understand it is a situation that makes you feel significant pressure, but however your life is far more important than anything, I think there are still many other options they can do to overcome the problem by seeking some help from psychological experts to correct and straighten out the mindset, after that as you suggested by diverting the mind to other things such as playing games or adding part-time job activities, the point is to divert to something that is quite fun but does not involve risk.
1250  Economy / Gambling discussion / Re: Know when to stop on: January 24, 2024, 08:06:23 PM
The point is when you have started to feel that emotions dominate you when defeat is always approaching, because obviously this is usually someone will be more likely to do some actions out of control when they are being controlled by emotions, such as chasing victory to restore something that has been lost which of course this action will only make the situation worse and this is the right time for you to stop and take a break.
As much as I agree with you, we must also know and always emphasize on the fact that, not every chase always end up as bad news for every gambler, for personally, I know of not one, not two, not even three gamblers who encountered their biggest winning while chasing a loss.
So, in the nutshell, it all boils down to luck, that is, how lucky a gambler is, because for example, a gambler who loses a certain amount of money and decides to take a break at that moment, there is no guarantee that he or she will not lose again when ever he or she feels better and returns back to gamble, if care is not taken or if the gambler is so unlucky, he or she may even lose more when he or she returns to gamble.

So, it all just depends on how lucky a gambler is, if not for the fact that most times, some gamblers are not always in their right frame of mind after encountering a significant lose, and at that time, such a gambler needs to cool off their head, I would say that, taking a break from gambling after a significant lose doesn't change anything or much, apart from the fact it helps a player forget about a bad gambling experience.

Basically, the difficulty to stop gambling can occur in two situations, namely when you win and lose, for people who do not have the right understanding of gambling, of course these two situations can still be a possibility for bad effects at the end of the session, simply put, when you win, it is quite difficult for them to stop and cash out the results of their winnings with the aim of enjoying it. and vice versa, when they lose, that's where out-of-control actions will begin because of the inability to accept the final results that are not in accordance with their wishes, And vice versa, when they lose then that's where the out of control actions will start because of the inability to accept the final result that turns out to be not in accordance with the wishes, all of this is based on or starts from having a wrong understanding of gambling which is basically nothing more than a game of "possibility".

I understand what you are saying that even if we stop it does not necessarily mean that we will be able to get a win in the next session, still as you said that we will only be able to win when luck comes, and the problem is that one will never know when luck will come so this confirms the reason that excessive gambling is not recommended at all and choosing to stop when emotions begin to dominate due to defeat is a good choice for a prevention so that we avoid a much larger number of defeats, not to mention this method will be useful to relieve emotions.
1251  Economy / Gambling discussion / Re: Do you pay attention on other people bet and it amount, and does it affect you? on: January 24, 2024, 07:45:48 PM
~snip~
There is nothing wrong with us suggesting something best in general about what gamblers should do when they are in a certain situation, we have suggested the best and the rest is up to them whether they will follow the advice that is really the best or not, because yes of course as you said that gambling is about someone's readiness to take risks, Simply put if you  are not ready to lose the amount of money they allocate with a note based on the feeling of wanting to follow the amount of bets made by others then don't do it, unless you have a lot of money or meaning you are ready for all possible risks then obviously it's all up to you, because after all you yourself will feel the impact.

Being a responsible gambler is something that is more advisable for every gambler, I understand that there are many temptations in gambling and one of them is very likely for gamblers to follow what others are doing such as gambling with a larger budget for a much bigger win, and if you follow it but on the other hand cannot afford to bear all the risks then  I think the problem here is "awareness", anyone can indeed be affected when in such a situation but not all gamblers are affected if they are able to maintain their awareness of the dangers of risk....
Yes, we can suggest something to other gamblers based on what we see, but the gambler's decision will be the final decision. Gamblers also don't need to follow the advice we give if they feel unsuitable or uncomfortable with the advice and will use methods they have thought of before. That is why we have to be able to allocate the amount of money we can afford and not follow what other people do in gambling so that we are only responsible for the money we have. Gamblers who are ready for whatever happens will probably take a bigger risk. Meanwhile, other gamblers will not follow what they do because it could pose a big risk.

To be a gambler, you must be wise in looking at the situation and conditions around you and not just follow other people's advice. Other people only see from the outside, while gamblers can see from the outside and inside, so they have to really think about the impact they will receive later. In addition, there is a greater risk of losing if they follow other people's bets using large bets and if they are afraid to experience it, they do not need to follow it. Playing gambling with small bets is also okay because we have to adjust it to the capital we have.

Yes, basically there is absolutely no compulsion for anyone to follow some advice that is best to choose and do, but it is up to you or them whether they want to follow some advice or not at all, because all of you or them themselves will feel the impact of the wrong approach to gambling and others may not care about anything you experience. However, putting a small amount or an amount that we can be responsible for is a good approach to gambling because with this you will be able to avoid some possible unwanted things such as experiencing downturns due to large amounts of defeat.

Every gambler has different finances in real life and this is also what makes some gamblers take different levels of risk, if indeed they take a big enough risk then maybe they are one of the rich people who will not be too much of a problem if they lose in the end, but if there are some people who have below average abilities but follow the way of gambling like the rich then obviously they will feel a huge impact by taking a big risk in terms of following the way the rich gamblers do. The point is that it is better to gamble in your own way and approach or that means with whatever we can afford and one of them is in putting the amount of money, try not to overdo it because the main concern is the possibility of risks that cannot always be avoided.
1252  Economy / Gambling discussion / Re: As a gambler do you have a potential winning amount limit? on: January 24, 2024, 06:56:23 PM
~snip~
Oh save me that story. Betting is just a game and not for making money? Really?! This sounds too much of a lie than even those who personally claim to game for fun. You sound like you’re speaking for everyone, and you’re so sure about it. Listen, if someone wants to play games, they should go and play games. Gambling is gambling. Don’t try to put it under the rug of playing games. If that’s the case, why then do gamblers like the games that return money? Because they don’t want the money and it’s rather a coincidence? Laughable. Grin
Yes, betting is just a game and not for making money. If you look around you, many gamblers still lose instead of winning. Those who lose want to make money but can't do it and end up losing. Why is that ridiculous? It is precisely those who want to make money but lose a lot who cannot realize that gambling is not to make money but to have fun. No, I don't represent everyone, but I represent myself. I also want to make money, but I can't get it and still often experience losses, and many other gamblers also experience that. If people want to play games, they can play games directly. But if you want to make money, it depends on several things you already know. Gamblers love games that make money, but how many gamblers can make money from them?
Loss is loss Gambling is not only a loss for certain individuals who gamble only for income.  Gambling treats everyone equally.  Those who gamble for income use more money to gamble and gamble regularly so their losses are greater and those who gamble for fun use less money to gamble as much as they can afford to lose. No one can guarantee a win from gambling.  So it is unwise to invest large amount of money where you cannot get money with confidence using any strategy

In gambling, the more you try the more you will lose, this is gambling that is nothing more than a game of chance that runs without any certainty and guarantees, but people who come with the intention of earning seem to ignore the real facts about gambling and this makes them end up suffering a number of defeats because obviously with the aim of earning they will experiment more, while this approach is really not recommended because considering that everything in gambling runs randomly and that means you will never know when you will be able to win.

All winnings in gambling always depend on how lucky you are at the time and if you lose it means you are unlucky. But most people always have a feeling and assume that "that time they could be one of the lucky ones out of 10 people playing" so there is absolutely no hesitation to continue gambling. I understand that you can win but isn't luck not always going to come consistently? and this is the reason why we should not overdo it in gambling because it will only make you suffer from the number of defeats, on the other hand I am sure that anyone does not want to experience a downturn in gambling, so it is better to follow the best advice that is considered from common sense which is to come just for fun and also by putting a small amount only and without putting any hope on winning, because anyway if we are lucky we can also win.
1253  Economy / Gambling discussion / Re: What You will do in this situation? on: January 24, 2024, 06:36:11 PM
A few days ago, my house was being cleaned. Three people are cleaning the front and back yards of the house. One of them was playing slots and I saw him. Actually, I wanted to suggest he try sports betting because I often see the guy watching football matches and he does have knowledge about many teams. So I was wondering if I could introduce him to sports betting so he could use his ability to predict every game he knows about.

Besides that, I just feel that if he deposited $10 = IDR 150,000 into a gambling site just to play slots, he would probably suffer a complete loss. But if he can place bets on sports betting, there is a possibility of him winning some money on small bets. Wouldn't that be an advantage for him?

If you were in this situation, what would you do? Introduce him to sports betting or let him stick to playing slots. Yesterday, I just let it go but we still often meet at other activities.
I see nothing wrong suggesting that person to switch to sports betting as you see that he can profit there more based on your explanation. If he had the skills, he would profit more on sportbetting as slot heavily rely on luck and not is something that you can't have everyday. Sportsbetting is better given that there are strategies to be used and ofcourse the knowledge of the bettor on the game he is betting.

Though if I am on your situation, I won't bother that guy. I just let him stick on what he is doing. I don't want to be blamed if something bad happened because of the sports betting I recommended. I also think that guy knows what sportsbetting is, with so much advertisement over the internet and television, I'm sure he encountered one.

I'm going to agree with your idea because there's nothing wrong with suggesting something and one of them is to suggest that the person switch to sports betting, because it could be that he doesn't know about sports betting at all and just likes sports, and with the advice of others then maybe it's a good choice for him to start switching with the skills along with the understanding that he has because by having good enough skills then this will make them closer to the possibility of winning. I think however that slot gambling is one of the gambling that should not be taken too seriously, because you have also said it and it is a fact that all the winnings that are there are purely dependent on luck, and this situation makes more people experience a large number of losses when they experiment excessively because it is not easy to always be in a lucky situation.

Although sports betting is a better bet than slots considering the risks are much greater but sometimes it cannot be denied that the possibility of "accusations" can still be a possibility, and this is what I always worry about when I try to advise someone to get involved in gambling, because after all sports betting is still gambling which means that the name of risk cannot be completely avoided and as you said that what is worried is the possibility of those who can blame us when they lose, so maybe avoiding giving advice or anything is the best choice for us.
1254  Economy / Gambling discussion / Re: While placing bet what comes your mind on: January 24, 2024, 06:16:27 PM
Yesterday was trying to place bet and during the process something in me keeps telling me to increase your wager do you know if you would hit something you never won before.

This feeling is the feeling of greed. Sadly, it is this feeling that accounts for 70% of why we lose in gambling. Each time I accumulate games, this is exactly my thought but then, 60% of the times I have controlled this thought, I have recorded winning.  

I will share my experience here. I remember a time I predicted a game from home and then took the game to the betting shop to stake, on getting to the shop, I told the betting attendant to hold that I wanted to add another game to boost the winning which I did and the last game I added ruined the bet ticket.

It is normal for a gambler to have such a feeling but the ability to control the feeling is what differentiates an experienced gambler from an inexperienced one. It is very easy for an inexperienced gambler to be guided by this thoughts than it is for an experienced gambler.
That's right, that's the beginning of losing in gambling. Because we can't control our greed, ultimately that feeling controls our brain to continue betting and increasing our bets whether we are winning or losing. and in the end without realizing it, all our money is gone.
This case occurs in almost all gambling players, only a few are able to overcome it and can take advantage of real winnings.

Yes I agree with this statement that greed is indeed a disease that most gamblers always have and apply especially when they manage to get a certain amount of winnings, sometimes people who have a proper understanding of gambling along with having good control and limits are not uncommon for them to end up breaking the rules they have made before that end up acting greedy, all of this is due to a lack of awareness when they are gambling and the sensation they feel in a winning situation really makes them carried away and finally they increase the amount of bets with the aim of getting a bigger amount.

However, regret will always come at the end and greed is usually what will more often lead gamblers to the end result that makes them regret, after that of course the inability to accept reality will be felt and some out of control actions such as gambling with the aim of chasing wins to pursue break-even will be their main choice which ultimately actually makes the number of losses even greater. So this is the danger if you can't maintain your mindfulness, no matter if you are losing or winning because there is still a possibility for you to become a "greedy when you win and impulsive when you lose" gambler.
1255  Economy / Gambling discussion / Re: How do i handle my first gambling experience on: January 24, 2024, 05:56:41 PM
Your first gambling experience could be bad or good. If you face satisfactory results from your first experience, don't get carried away with it and keep yourself in control not to gamble continuously even when you are on a winning streak - sometimes withdrawing from the game is the best decision. But if you face bad results, don't despair and stress about it, because bad results are very normal in gambling and you should stop if you experience a losing streak. And make sure that the money you gamble with is money that you are ready to lose, because if you still feel too worried about losing that money, you shouldn't gamble in the first place.
Yes, because there is what they call a beginner's luck. But I think not all newbies can experience this. It's fine tho. It's not awkward for a newbie to make a mistake, especially when it comes to gambling, when we know that gambling is mostly luck-dependent. So, experience does not really matter here.

The next advice you gave is great and it's true. Many of us wish we knew it. If we do, we won't end up losing what we already gained Cheesy. Sorry for the laugh, as I also find it funny. About the money that we can afford to lose. I'm sure all of us has this amount. This is usually small, so I find it weird if someone still feel bad losing it. Maybe they also have other problems and this needs to be checked.

In the event that you are a beginner or even a professional in terms of gambling, any result can happen and all of this really depends on your luck, meaning that if when a beginner gambles he is in a lucky situation then obviously he will get a win at the end of the session as well as a professional gambler, However, in gambling there is no such thing as "right" when it comes to how to win because you have also said that all of this depends on nothing more than luck which will never know when it will come and this means that experience in gambling will only be useful to minimize all possible risks, we can see there that professionals do not prioritize winning too much because they also cannot ignore the risk of losing and this means that the experience they have will be able to tell them what to do in certain situations.

Gambling is a probability activity which means a game of chance, we must have a completely straight understanding in gambling, if you want to win then that means you also have to be prepared for the possibility of losing, but if you only want to get the winnings then maybe I will call you a loser, but in fact most gamblers are more who only want to get the winnings but are not prepared for the possibility of risk, in the sense that they have absolutely no responsibility and finally this makes them act out of control when they lose such as chasing the winnings which ultimately only makes the number of losses even greater.
1256  Economy / Gambling discussion / Re: What is your state on mind if your son stole your money to gamble? on: January 24, 2024, 04:10:40 PM
I bet that she wouldn't be disappointed if his child ended up winning a lot lol, but in reality this is very unlikely to happen because almost all of the children who gamble end up losing. And that is why it is very important for parents to be able to tell their children that they should not gamble and stay away from it. Even though gambling is not a dangerous thing, if they play it is very likely that they will lose and it will cost their parents money, so it is better for them to avoid it and focus on their duties as children.

Well this can also be a possible thing haha, what you said is quite reasonable too and can be a possibility that if for example it turns out that the child manages to get a win then it seems that the parents will not be too angry or maybe they are even happy. But yes we have to go back to the real fact that in gambling it is not an easy thing to get a win because all this really depends on your luck, on the other hand I will not say that a child cannot win, everyone can win in gambling but not everyone is always lucky and this is the reason why there can be a loss at the end of the session and also the reason why winning is very difficult to get.

A child is curious as well as ambitious about whatever they find and this means that it is very possible for them to experience the adverse effects of gambling such as losing a lot of money because they cannot control and impose any limits on their gambling involvement and this is the reason why a child should not be involved in gambling because this can also affect their personality so that this can threaten their future. Honestly I can't say as you said that "gambling is not a dangerous activity" this is not true, because after all the risk in gambling is greater than the possibility of winning, and I will correct what you said that gambling will not be "too" dangerous if you can control everything properly.
1257  Economy / Gambling discussion / Re: Patience can help alot on: January 24, 2024, 01:27:12 PM
I don't think patience counts for anything in gambling. Any gambling game has its own time frame and winning depends more on your choice and luck than on patience. Of course patience plays an important role in our life, but this skill is more suitable for investments, because in this sphere the ability to wait very often helps to break even a not the best deal.
Patience can help a gamblers for betting panickly. and if someone bet in relax way then it can help them to decrease lossing chance if they loss it will not a big amount. so patience can help but it can't help to quite gambling. It is normal to lose in gambling.  No one can win alone.  So if one wants to continue gambling then he must have the patience to continue gambling with low amount bets for a long period of time.  Then the amount of his loss will be less. But if you bet a large amount to make a quick profit without being patient, your loss will be boosted and the possibility of a big loss will increase a lot.

The point is that if you feel that you are a fairly active gambler then obviously patience is something that cannot be ignored and you must have, you must apply this patience especially when you are running a session, nothing but patience will be useful only to minimize something they don't want and not at all to lead to a way to get a win. We have to understand that gambling is a game of probability or luck which means that any result can happen at the end of the session and if you are lucky then the victory will come by itself, meaning that you don't need to be too ambitious to get the victory because you will never know when you will be lucky to get the victory, And therefore all we can do is take some precautions such as self-control along with setting some boundaries, and also on the other hand if in the end you lose then you should not be too angry or upset because after all as I said above that gambling is just a game of "possibility" which means you can win and you can lose, and by applying patience then this will be useful to prevent you from doing actions out of control because of emotions.
1258  Economy / Economics / Re: Passion for skills. on: January 23, 2024, 07:04:44 PM
Nowadays, most companies prioritize skills rather than a person's bachelor's degree. With the skills a person has, it will allow him to fill strategic positions or build his own business. So right now I'm studying programming and web design, because I think programming skills are quite important skills right now, if we look at how the IT industry will develop in the next few years and it requires a lot of programmers to be able to work on these projects.
And besides that skills, I am also developing soft skills such as management and analysis, because these two skills are quite important for many things and it is very necessary to learn these skills.

I agree with that, because in my opinion skills are more guaranteed than a title, I myself think a title is just an addition to a last name, I have even heard that a title can be bought, I was surprised but in reality money can buy anything. but not everything can be bought with money. In my opinion, skills do have a high value compared to degrees, but some people or companies look at degrees too. because a title can make someone authoritative and appear educated. but I don't think so.

If I were a boss, I would look for workers who have skills and won't worry about degrees. Especially nowadays, I think the skills that are much sought after are designers, IT and others. Because it's rare for people to master this, so I think it's natural that these two things have high value. as you said, because the company needs development and that development can be done with the skills you have, not with a degree.
1259  Economy / Economics / Re: Financial education and why it should be a priority. on: January 23, 2024, 06:40:11 PM
It’s not just schools that are responsible to teach us  financial education but it should also start at home. By saving small amount at a young age, we are already train on how to manage our finances so that we can be more responsible in managing our finances when we grow mature individually. Schools and home are responsible to teach us financial education, and harness our skills when we are already building our own source of income.
When it comes to money, it is our responsibility. I don't even think financial management is something that schools educate students about, but as you get older and realize your circumstances, you won't want to take any chances. How would you feel if you were to graduate from college without a career or any skills? In one way or another, you need to find another source of income because, without work, you cannot feed yourself and how can you simultaneously pay your bills? aside from the one who desires to remain homeless. and the responsibility should start with the parents some parents have failed in that aspect and some kids even as little as they are, lack financial discipline and don't know how to manage they will misuse every resource in the house and the parent won't guide them and that is were most of the challenges are coming.

In my opinion, there are schools that teach things related to money, such as accounting subjects or majors, but I don't know whether all schools teach this or not, but what is certain is that there are schools that teach this as I have said in the field of accounting because I think we really have to study the financial sector including managing finances well, because that can determine our future  if we can't manage our finances well, it's possible that even if we have a large income it will always run out and it's not clear where the money we earn goes. That.

Regarding parents, I also think they have the right to give lessons about finances, because lessons don't just have to be at school or college there are many things that can be learned from the environment around us too and in my opinion school only teaches us to be smart, but not by teaching us how to make money for sure,  because of that I think we need to have good money management because when you have a job of course what you have to do is manage the money you earn properly. as best as possible don't let the money run out in vain, because if it continues like that then life will feel like everything is lacking.
1260  Economy / Economics / Re: How to stay poor! on: January 23, 2024, 06:21:08 PM
Is this a joke?
i think the OP created this topic so that we can joke around, because i don't think there are people who want to stay in poverty, everyone wants success and financial freedom. because people can enjoy their lives if they have achieved financial freedom, but if they don't have any money at all or are poor i don't think they will be able to survive, also with today's rapid development of course everyone has many desires that must be fulfilled. therefore they have to work in order to fulfill what they want.

If there are people who want their lives to stay in poverty then I advise them not to work for money, just spend their daily lives being lazy like sleeping, eating, and playing. but don't expect more than what they want, because according to their circumstances they don't want to try so they should be able to accept reality. It is very unlikely that anyone wants to stay in poverty,  I don't know what the goal is but in my opinion no matter how poor they are of course they have a desire to progress, especially economically, because that will make them able to survive. if they want to stay poor then it's better not to live. so I don't think there are people who want their lives to be difficult or poor, if there are, in my opinion that person is not sane.
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