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141  Economy / Gambling discussion / Re: What Becomes of Gambling if Sport book is taken away. on: March 26, 2024, 05:53:52 AM
There are lots of casino out there that are not after sport betting, though sport betting a a large number of gamblers on it, because they think making your own analysis and predictions will bring about an easy win. So definitely gamble entirely will loss some of its gamblers while some of the gambler will definitely switch over to casinos and other gambling other than football/sport betting because a gambler will alway remain a gambler useless he decides to fully quit.
142  Economy / Gambling discussion / Re: Are crash games profitable??? on: March 26, 2024, 05:41:29 AM
A lot of youths in Africa are into aviator and a lot of other crash games... what's interesting is that 90 percent of these young people have skills, jobs and sources of income,..why are we playing these games when the odds are constantly against us.
People come up with patterns trying to understand the algorithm of these games but from my experience these games have no pattern
They are been controlled by the bookmakers, out of a 100 percent the chances of winning is 10 percent
After winning more than 4 times In a row just know that losses is bound to happen even if you don't lose that same day
Crash games are not going to give you that extra source of income you are looking for.
Using the martingale system in these games is quite risky because sometimes you might lose 20 times in a row
And continuing in this system will make you an addict,, protect your financial life at all cost, stake what you can afford to lose and be disciplined

Games like this, are one of the easiest way to get a gambler into addiction or for him to gamble irresponsibly.  This aviator game is now one of the reigning gamble in Africa and lots of person have the idea that they can study the game to make consistent win from it, but the true fact remains that, they cannot understand the pattern of the game, the fact that they got lucky for a while doesn't mean they've know it all. It wouldn't be of a surprise to anyone that the moment they decide to step up their game by increasing their stake, that when their down might start, and no strategy can help them from the losses.
143  Other / Off-topic / Re: Dont chase your loss on: March 26, 2024, 05:23:13 AM
The simple fact is that if we lose a large amount of money, we will be very upset and losing a certain amount can also upset us, but not much, because we already have bad emotions. In fact, it makes absolutely no difference to us whether we lose 10k or 15k. But if we can win back or at least get a small plus, then our emotions will change dramatically. This is exactly why many are trying to win back, but at the same time they are putting themselves in an even bigger hole, losing again and again. There is no need to chase it, because if you don’t know how to stop in time, the outcome will be obvious.

Though chasing of loss can also be used to catch some  because, if the gambler eventually gets lucky that day and start wining like 10x strike, he might start boosting that he has collected some of his passed lost, but he if keep playing and the table turn around, it only takes discipline for him not to exceed his limit for that sitting. Sometimes he major problem many gambler face is that fact that they use money that was supposed to be used for another thing to gamble.
144  Economy / Services / Re: [OPEN] Duelbits.com | Signature Campaign ~ Full Members+ | Up to $70/Week on: March 26, 2024, 04:29:29 AM
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145  Local / Nigeria (Naija) / Re: Where would I have been by now? I'm DOWN. on: March 25, 2024, 08:34:51 PM
Regret na constant thing if we no follow the right path, but in as much as say we been don make mistake no mean say na there e take end. We suppose learn from our mistake and make the best out of ourselves by not staying in our regrets for long. I happy as you know say e never too dey late for you to enter into Bitcoin investment, so e go dey good make you buy ASAP of you get the money to buy Bitcoin, but first e dey advisable make you get source of income before you enter into holding of Bitcoin so that emergency no go make you sell your, and when ones you don dey sell coin to settle other things, you go just lost the discipline to hold for long without touching your investment.
146  Local / Off-topic (Naija) / Re: School na scam. True or false? on: March 25, 2024, 08:10:49 PM
School no go fit be scam, if only people know the benefits of school other than getting employed based on your field of study, them for no dey make that statement say school na scam. People wey go school are psychological supposed to be more brilliant in improvising and thinking critically outside the box than than person wey no go school, that is if the person wey go school know wattin carry am go school, say e come serious for school. The thing wey dey cause this statement sef na the rate of corruption wey dey make recruiters to take lower credit students over distinction and first class student just because of connection wey em or em college get with the employee.
147  Local / Nigeria (Naija) / Re: Complicated local Investors in this bear market against halving and bull run on: March 25, 2024, 07:52:18 PM
Questionable: Between investors who're selling their bitcoins now to buy and keep accumulating their assets again during the halving which apparently they'd be one of the Short term investors and the investors who'd keep holding eve at now til the bull run would would profit more via the market understanding?
I asked this because I needed to compare between both who understands the bitcoin market better considering we're all here to make profits.

Assuming the two set of Investors have the same amount for investment, the one who trades or sells his coin now would profit if he buys with same amount when the price correction takes place( dump in Bitcoin price). But those who are actually doing this are considered as traders and most times after selling their Bitcoin at a higher profit, they just use the money to buy other altcoins. But since we can't  accurately predict the future, the market behavior might change and their predictions might go wrong, thus leading to loss.

Traders consider this a very good opportunity to make extra profit from the market. But if you are a long term investors this would not be a problem as you have seen lots of profit over the years.  But as time goes on  it on would become more scarce and those selling would have only small amount to sell because we'll still have faithful holders who believe the price would keep pumping and they'll pass it on to their next generation.
148  Other / Off-topic / Re: Dont chase your loss on: March 25, 2024, 06:36:37 PM
Gambling should be done with caution, it's not bad to continue gambling when we are losing out, but the game should be limited and get stopped the moment we had set to stop gambling. No gambler that exceeds his gambling time, that'll get back home happy. As he'd lose out all his funds in the process. Hence, while chasing loss, it should be limited. That's till responsible gambling. It's only irresponsible when the gambler doesn't stop at a given time. The limitations could be on time or funds. Players should develop the need to stop playing the moment their designated amount for gambling has been exhausted. But moving ahead to deposit more money to gamble again isn't right. That's a sign of addiction. A gambler should be contented with what he's got, not to get passed it. They'll be no fun losing out all our funds in one session. It's painful and would leave the gambler worried for some days, which is a new stage of anxiety. That's not worth the stress, when we have the control to stop playing earlier when things have not gotten out of hand. However, some gamblers still lack the orientation to follow good and responsible ethics.

When a gambler gamble with a huge amount thereby exceeding his limit all in the name of catching up with his previous loss, he is likely to walk of the casino with nothing left for him to take home. When a gambler experiences loss after using a huge amount to play gamble, that only means that his intention towards gambling at that moment has changed from catching fun to making a win that could make up for his losses. Those who make such mistake in gambling would definitely miss out the experience of having fun. In my opinion, I believe when you gamble with small amount of money that could increase your duration of gambling while you are not even spending much to while away some time and catch some fun.
149  Economy / Gambling discussion / Re: Rich or poor gambler, who should risk more? on: March 25, 2024, 06:18:08 PM
To me, this is not surprising because gambling is a business idea of someone and not a charity organization. The bookies wants to always win and the are winning. This is obvious owing to the single reason that they are still in business and expanding. With the number of gamblers, if gambling gives quick money most bookies would have folded because they won't have money to settle all gamblers.

One important fact about gambling is that, as they pay other gambler who won their bets, they get more from others who are losing to the gamble, be it sport betting or casinos. Irrespective of the amount that I have heard an individual won in gamble, the casino or gambling site just keeps expanding their business by creating more physical shops that their site could be easily accessed by both rich and poor to draw in more gamblers.
150  Local / Nigeria (Naija) / Re: Wetin fit make an experienced Bitcoin hodler to sale during bear run? on: March 25, 2024, 05:40:37 AM
We de expect a Bitcoin bull run wey go give investors massive ROI, and indications still de strong say Bitcoin price go reach new ATH of up to $150k for di peak of bull run. Despite say price pump pass over $70k, and now e don dip to $65k, so investors wey get faith say di massive bull run go still happen, go use di opportunity of dis dip to de accumulate more, because na during price dump be di best time to buy dis valuable asset.

Abeg which reasons una feel say e go make experienced Bitcoin hodler to sale during bear run?

Actually for Bitcoin no go fit reach that prediction height again. Even when people dey talk about say e go reach $150k my say was just between the range of $80k-100k and I know it might not take place now, but there is still a bull run after the price correction after the halving. Even it the $150k go happen, no be now, as we don already dey too close to the halving which will definitely lead to price correction. So after now the price of Bitcoin go drop like water, but those wey know wattin them put their money into, no go sell their coin. Reason why Bitcoin expert fit sell em Bitcoin, maybe e don reach e profit target wey e put for mind before e start the investment, or something don choke am, wey need money to take control.
151  Local / Nigeria (Naija) / Re: Complicated local Investors in this bear market against halving and bull run on: March 25, 2024, 05:29:20 AM
The true fact remains that, when the halving start, most investors would sell their Bitcoin to buy altcoin since altcoins bull would start when price correction take place for Bitcoin. And that would bring Bitcoin price to a bearish or sideways trend but, those who are long term holder wouldn't get bothered about the bull or sideways because, after the night come day, Bitcoin must rise again it's a fact because more persons would hit the buy button when they see the beautiful holding a Bitcoin looks like. However sideways or bear runs are just temporary movement for Bitcoin... #BTCitcoin to the sky🚀
152  Economy / Gambling discussion / Re: Rich or poor gambler, who should risk more? on: March 25, 2024, 05:14:14 AM
Moreover, although the poor is lacking of money and struggling to survive, there are still people who prioritize gambling over buying their essential needs. It's because of the thought that they can double their money in snap.

Anyway, regardless of you're rich or poor, the risk is equal since you're going to spend your money. It's just that, even the rich lose, they still have other resources to gain money as if it's nothing, while poor don't have such.

Though there are still some poor person around that gambling has been fair to them, meaning sometime gambling is there only source of income, and you don't see them begging for money, because in as much as they experience loss, majority of their bet status is a win, and I mean good figures I don't know how they do it, but luck has been on their side and they gamble responsibly. Such person when they go into a gambling, they have a specific amount to be spent for that one time gambling session, they are discipline. But being discipline doesn't guarantee that you become lucky when gambling, it's just a way to save you from spending too much.
153  Alternate cryptocurrencies / Altcoin Discussion / Re: Is investment a necessity or a want? on: March 25, 2024, 05:00:11 AM
Not medication, I wouldn't recommend investing even if a person doesn't have enough money saved before they go for investment because savings are more important as it is a fund that is always readily available for you to use in emergencies whereas an investment doesn't have that nature and only the profits generated from an investment can be used for such situations.

So in my opinion, investment should be the last option on one's list of things to do with their income, and before it, should come basic expenses, medication if any, savings, charity if one can afford it, and then investment because all other things are more important.

To have a happy investment life, one needs an emergency fund to make his investment life go smooth as possible. Most investors make the mistake of not having an emergency fund saved specifically for instances of emergency like sudden sickness or anything that has to do with spending money. Though it's good for someone to have enough money before starting up an investment journey, so you'll not end up spending from your investment when needs arises but if you don't have the a plan strategy, even with all you money you have, when emergencies strick you might end up withdrawing your investment to settle those things.
154  Other / Off-topic / Re: Dont chase your loss on: March 25, 2024, 04:51:30 AM
Though gamble is basically a game of luck, and whether you win or loose is dependent on you r lick that day, even changing of strategy might not work especially, when you have the wrong sense of reasoning I'll just keep making the wrong decisions because you are desperate in making a win. However we say we gamble for fun right? If you change this mentally to gamble to make a living you might end up gambling more just to hit a target, but that is not a bad one if you have the right sense of reasoning and not let your current situation make decisions for you.
155  Other / Off-topic / Re: Dont chase your loss on: March 24, 2024, 04:45:20 PM
The problem problem comes from  greediness , desire for more after some wins .
Well, it's okay to desire for more but you have your profit already and still want more and more , IMO there should be some return target profit according to the fund use for gambling  and once its acquired you could pause it to play next time or you could use out of your extra profit gained from it if you desire for more and if the opposite  comes set a point to pause gambling (for loss), with these you can make something out of gambling nor gambling it all with focus ,besides gambling should be taken as playing  for fun


Trying to chase loss is one of the easiest way of Lossing all you have left. The major fact about gambling is that, what is gone is gone. Just forget about the past and move on, that the only way you can gamble without putting too much of pressure to make sure you win a bet, is when you forget about the past and focus on the future. If you win consider it luck for the day and be excited for it rather than thinking of past loss.
156  Economy / Gambling discussion / Re: Where is the fun when you lose your money? on: March 24, 2024, 11:00:57 AM
Sometimes after making a predictions of 10 games and taking them to your bet, only 1 out of that ten would bring about the loss of the entire game. Though it's painful but that feeling of getting close to making a win is what keep the hopes up and sometimes this can be the fun part where you told a friend that you are not sure of that particular game. Lossing money is not fun in real sense but when you feel like spending some cents rather than using a huge amount then your loses won't even bother you.
157  Economy / Gambling discussion / Re: Which player are you? on: March 24, 2024, 10:52:24 AM
I prefer sport betting to any another form of gambling. Sport betting seem as though you are the one behind the winning and you made it possible without giving any credit to luck. When picking games from sport you are the predictor and whether you win or loose your bet it's up to you and your predictions but the true fact is that its centered on luck. However sport betting can be really fun especially when you have made your predictions and then waiting for the match to start and watch till the final whistle. Where I come from, we have special streaming centers fro football only, and we go there often to feel the vibe of club fans and their reactions when they concede, score or misses a goal.
158  Economy / Gambling discussion / Re: Gambling until you go totally broke on: March 24, 2024, 10:43:40 AM
Gambling until you go totally broke is just a sign of addiction an irresponsible gambling, and it need to be stopped else the person might even start taking loans to gamble or even start engaging in fraudulent activities to get money for gambling. And one of the major causes of gambling till you go broke is chasing after your loss. The fear of returning home with half of your salary of money for something else is just pandering your heart and you think the only solution to play more, maybe you'll get lucky and then win it back,  but that is just a trap to loose even more.
159  Economy / Gambling discussion / Re: Why in some religion gambling is forbidden? on: March 24, 2024, 10:30:53 AM
When there is a ban on an activity, of course there will be more losses than profits gained by someone involved in that activity. Indeed, most of those who gamble come from thug groups and some even have the heart to commit acts of violence against other people when they do not have Of course, the funds they can use for gambling will be very bad and will even harm other people, but there are some people who gamble with their own limits so that they will not become addicted to the games they play.

Addiction and irresponsible gambling is the major cause of the ban of gamble in some countries, just as you said those who could not get money for gambling legally may end up selling their property or even go as far as robbery just to get money for gambling, and initial one of the reason they keep coming back to gamble is because they are chasing after their loses. If only they could realize this, they quit the addiction and focus on other things or play only when they have money to risk.
160  Alternate cryptocurrencies / Altcoin Discussion / Re: Investing altcoins now or during halving? on: March 24, 2024, 10:22:58 AM
I think at this time is good time for invertors in crypto currency.
Currently eagerness and investment in Bitcoin is high. Many investors see Bitcoin as a safe bet and are pouring more and more money into it. A bullish moment also saw Bitcoin break its past highs and make new highs. Right around this time the top alt coins have rallied but not as expected. I think bitcoin halving will start and altcoins will start pumping. I think entry into altcoins from now on and holding on to investments will yield good profits when the bull season starts at the end of the year.

The time to which the bull season start is still an unknown so let leave it that way. It's better to say in form of predictions that to make it precise that it will happen at the end of the year, who knows? It might even begin from next year or the price correction could last for only 3 months and that will lead to the bull starting at the middle of the year. Anyway if the bull is believed to start after the halving then now is the time to get into the market to gain profit from every single pump that takes place now.
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