You called her an influencer, this amount of money is often not a big deal for them, and little time she will recover it back. That's gambling for you.

Gambling results come in two ways, it's either you win or you lose. It could be the house who would lose when you win, so when you now lose and the house wins, you should not cry foul. Also, as an adult, you should know what you are signing up for before you open that gambling platform to play or visit the gambling house, no one should regret it heavily when they lose, they should just take heart. I can't belieev that any of them (rich, average or poor) can still be gambling with the money they can't afford to lose, that's pathetic if that's the case.

You can't ever gamble with the money that means so much to you and not be in so much pain because of it. But you still have to calm down. Fine, the outcome could be disappointing but you should have known what you signed in for and prepared for the outcome even before you played. You also have to know that it is not about the rich or the poor, it's all about how that money is dear to you. That is how much it will pain you when you lose it.

I've always been a cautious person who has taken gambling as what it is. This makes me engage it carefully and managerially. I bet with the money that means not much to me to avoid being hurt as we see in the video.

See, the mindset of gambling matters so much in this context, that's why some will never believe that gamblers could lose and still be happy despite the losses. This is what I call fun part of it, and when you do not prioritise money-making in gambling, this is so possible, and you will just be playing and focusing on the gaming part rather than the outcome as a big deal. When the outcome comes in, it could be positive or negative, it doesn't matter, but what matters at that time is the feelings at which you are playing and getting the results for the money you are playing with, which is fun. But this is not as often easy as people may think, this is why a small amount of money is often used for this purpose to avoid issues.

Of course, if you are not a waster of money, you can't actually be losing huge amounts of money and be happy, it can't just be so convenient for people depending on the money they have and the magnitude at which they lose it. So, this point shows that it is not always easy, while the ugly thought of losing by some people makes it difficult for them to believe that it is possible. I've seen a lot of people on this forum who have argued this out, but in practice, it is possible. I am also a witness to with, especially when I am bored and do not want to engage myself in other hobbies In this situation, I do gamble but limit the wagering amount to the barest minimum possible. I also gamble for fun playing with my wife, it's just about the mood and the mindset involved.

First, let me correct you, if last year is to be referenced here, Bitcoin has moved in multiples of the 118% you quoted. This is judging by the first day of the year, you can investigate by yourself to know the price at which Bitcoin started the journey of the year. The price was still lower than $17,000 by then, and it ended the year above $40,000, which is not a child's play.

But for your concern, I think no time is too late to invest your Bitcoin, especially when it is in its bullish season. And if my experience and analysis serve me correctly about the coin, we still have more than a full year for it to rise further. Why then the panic? The only difference here is that those who invested at around $52,000 where the current price of the coin is now can't make as much money as those who started in late 2022 or early 2023. They will still earn from the asset but while those who invested early are gaining between 5-9 times of their capital, those who are investing now may only gain between 2-3 of their investment. But also with the higher risk of some scary corrections which might likely start happening soon.

Thank you for sharing this and I must say that I am so happy to see this even as this particular statistic can't be a lie for obvious reasons. Initially, it has been the top world countries enjoying everything in life including the payment means. Bitcoin came and put an end to that as everyone has access to it impartially, and anyone can use it as they like. For this, we are the same in the sight of Bitcoin and not the way of disparity among countries simply because they are more advanced. We can own and use Bitcoin as we like without segregation, so I expect nothing less in a view like what I see in the statistic you posted.

Merely looking at the countries above Bitcoin on the table has already hinted and speaks volumes about what I was talking about. Bitcoin has given the less privileged countries a better say in the payment industry and the financial system. That alone is enough reason to ever appreciate and praise the asset.

You make me laugh. Have you ever seen a car without a brake? If the answer is No, then you cannot see a broker/exchange without the stop loss. What I can only suspect is that you do not know how to place it with them, and the best you can do is to contact their support for help since it varies. Also, you may try to view their tutorials about this, it is mostly in the form of videos with exchanges. I am sure it will be an effective guide for you.

In my experience with trading, brokers/exchanges give options for the setting of your Stop loss and even Take profit before you open a trade. But in case you opened the trade before you want to set it, the option is also there. All you need to do is to modify the active trading position and you will be fine. However, the advice to give you is limited because you did not post the name of the broker or exchange you are talking about for a proper guide. Had it been you did, I would have helped you with the direct image of how it could be done for pre and post-trade settings.

Let me know if you will need more advice in this reagrd, but let the name of the broker/exchange you seek help with be added.

I experienced this about 5 times yesterday alone despite not experiencing it for almost a whole year. When others complained of it some months ago, I barely experienced it and I chipped in my advice then on the use of secure browsers and VPN. But this time, it happened repeatedly to me and I was concerned really because I only use my local IP and not Tor or VPN and others.

Now, reading what people had to say on this thread, I think that it's general and it could be for an important reason. We all know the controversy that happened on the forum recently, maybe enhanced verification was done, or at least such that would rescan the users' activities periodically to ascertain whether or not it's a human behind the screen.

It's nothing to worry yourself about. But if it persists too much, it could be that you use enhanced security to browse and you might want to change it or continue to manage it that way.

Your statement is outrageous against Bayern Munich as if they are that poor. I only see a temporary setback for them which I believe they will dust off soon. The club do not show so much poor performance in all competitions as you make it look, but in the Champions League and Bundesliga, and it's still a few defeats they conceded in counting, it's not as bad as many other clubs even though they are disappointing, to say a few. This is so discouraging to be candid, but let me still believe that they only had setbacks in those games. At home, this has further given Bayern Leverkusen the due advantage over them which might be a dash of hope for Kane this season. With 8 points clear of Bayern Munich, Leverkusen is seriously getting closer to lifting the cup this season. I must say that the club deserve it even though clubs like Bayern and Dortmund did not live up to expectations this season to be a better contender.

Xabi Alonso's side has proven their worth this time, I only hope they can replicate it beyond now, unlike what some underdog clubs do. You will hardly see any club beating them now, which deserves enough praise. Going forward, I believe that Bayern Munich will improve, and if you take a closer look at their last match against VfL Bochum yesterday, it was keenly contested though Bayern fans deserve better than what they displayed. Let's see what they will play against RB Leipzig on Saturday too. As much as I want Bayern to win this match, if they play like that of yesterday, it will be a regret for them. RB Leipzig is stronger than VfL Bochum that defeated them, so the risk is higher for them. Well, I hope the recent streaks of defeat will boost their morale to do better in the match.

The money mindset in gambling is the beginning of the failure of any gambler, and even if you will make the money, it's just advisable that you should not put your mind to it, otherwise, it will drive you beyond what you could imagine. Agreed, it may not be so convenient to say you want to be using money to gamble and only focus on the entertainment part, but if one can force himself to do it, it is the best. We should learn from the way and manner in which most people are losing their money in gambling, they are losing mainly because they are just desperate for money. Sadly, that money may never come if the right attitude towards gambling is not set in place. How can this right attitude be set in place when the mindset of the money to be made has clouded the decision of the gambler due to emotion? That's why we have to be so cautious when we gamble, and perishing the mindsets of the money to be made with desperation gives us an edge to focus on the important things to put in place.

This looks like a good plan and I must confess that I love it as well. But in my case, I prefer to do it a bit differently from yours, though it doesn't matter as we are still not wasteful but creative about our gambling winnings, which is what matters most. To be honest, I've not been so serious about my gambling winning, but this year, I think I will be. Initially, I often stored the money in my gambling account for as long as I could, and I could use the one with good funds to fund the one with no funds or a new one I was trying out. I also use it for some travelling and tours, but nothing has been kin toward investment.

Now, on reading your post, I believe that it's time that I take my gambling winning seriously. I don't have issues with winning with my sports betting, so I can do this. I will only try to accumulate as much as possible funds to be able to make good investments with it. I will not immediately withdraw my money like many advised on this thread, but set a goal, and when the accumulation hits the goal, I can shift it to crypto investment, and buying land and properties.

I can always see this and ever be happy about what gambling has done for me in spite of how some people talk badly about it.

Yes, of course, altcoins are listed among the futures trading options with traditional brokers and exchanges and many of them have huge daily trading volume. This can only mean that people are trading them, and if they are not good for trading, people will not dare to do that. But still, investment advice shouldn't be general because what I prefer might not be what others will prefer. For instance, as volatile and risky as Gold is compared to many other assets in the FX market, I still love to trade and I've considered it as my most favourite asset in the financial market. What I can advise you to do now is to first establish the kind of trader you are. You should know if you like a slowly moving market or a fast one. It is from here you can know what to choose among the altcoins for your futures trading. That's if you will choose any of them at all because I consider most of them more volatile than Bitcoin and Ethereum.

Okay, I think I get you better now, and congrats on that, just get it consistent, it will help you. By the positive emotion as well, I believe that you will do well with it, but it's still about balancing things when it comes to gambling, and if I were you though, regardless, so far it's a positive emotion, you can still find your way around it and get to bet at best. But I would still like to advise you about your time and self-management where you plainly stated that you are faulty. You shouldn't have allowed gambling to affect your relationship, it could only be interpreted towards the fact that you didn't gamble responsibly at that time.

Money aside, you may be making money in gambling but still not being responsible in it, you might be lagging in other ways of life that are important due to it. That's what you should now work on and not quit what is giving you money. Again, I will still not advise you to rely entirely on gambling as your source of income, that is bad. This is one of the ways you made the mistake at that time. Gambling could be a good source of income, but it is best that we do not put our minds to it. The problem might start by entirely relying on it, and this will now start clouding our judgement because of emotion. Due to this, we might be segregating ourselves from our loved ones simply because of gambling, but nothing can be said less of an addiction in this regard.

Notwithstanding, if what you narrated is correct. I think you should go back to your way of gambling but make sure that you have a change of attitude this time. Judging by what your standing is, a way you know to make money shouldn't be abandoned in my opinion.

Are you asking me again? I made it clear in my post that my gambling risks have to be proportionate depending on the amount we take about, the kind of game I want to play and my affinity to risk-taking at that time of gambling. In all, one must consider good budget and planning before gambling, so a situation like this can't be argued in favour of the low or high risks taking alone as you make it look, it must be in relation to some conditions. This is majorly based on the size of the money we are talking about. You can't expect me to have $100,000 in my gambling account and gamble more than 1% of the money. That risk is too high for me. I would rather risk lower than that in such a situation, so it is not a rigid decision in any case.

The same consideration goes for the low amount of money. I can't be wasting my time risking so little with a small amount of money in my gambling account. With this amount, in some cases, I can risk 5% of my money, and that might still be so little for me because I need to make money (if that is my reason for gambling at that time). If you read my initial post very well, all have been rightly explained there, except you did not understand it. Basically, I gamble based on the size of money I have for it, the risk/fairness in the games I want to play, and according to my plans on the budgets for that specific period of time.

You have a good understanding of the risk involved, some don't, while someone like me will also not care even though I understand the risk. I believe that as an adult if someone introduces something to me, it is my choice to accept it. So far the person did not force me to do it, then I should be able to take the responsibility of accepting it whether it is good or bad when the outcome comes out. This shouldn't be different in gambling and cryptocurrency, but what I will never do is introduce gambling to old people, I would rather introduce gambling to the young generation. Both gambling and cryptocurrencies are fun and are ways to earn income as well, it is not so inappropriate to introduce people to them, but the risk lies solely on the person that will accept it.

That's why I often tell people including those whom I introduced them that they should learn what I introduced to them very well before risking their money in them. Information is good and it will not make me evil because I shared it. It is now left for them to accept or decline.

I'd read a lot about gambling-friendly countries, but I never knew that people could take it seriously because you will hardly see a country that does not allow gambling, and their reasons could be mostly about religions which we have to respect when we are there. Aside from those countries, any country that allows gambling is friendly to it as far as I'm concerned, though the friendliness may vary. Still, the ease of gambling there could be taken into consideration, in which taxes are part of the good factors to make it more welcoming in the country. However, the countries where gambling is somewhat more rampant, if that is the right word to use, are the USA, Singapore, China, The UK, Germany, Australia, and many more. Personally, I do not believe statistics in this regard so much, I can only believe that most countries of the world are gambling, and the gambling magnitude can only be traced to the culture and population of the country. In most cases, the higher the popularity, the higher could be the number of gamblers.

As for the taxes, I think you need to be careful, I have too many conflicting details on the internet, so it is not worth sharing. What you need to watch out for are the ways some countries tax those playing in their jurisdictions. Some might tax you on online gambling activities but not tax you on offline gambling activities. It might be in the inverse fashion with other countries. While some will tax your net gains alone, or not even tax you at all. So, I advise you to learn the gambling tax law of the country you intend to go to rather than randomly seeking advice from people. It could mislead you painfully. This is even as the sources I sought advice from are conflicting.

You do not reply directly to capture the OP, it's basically about the online and physical businesses. Risk is involved in all we do, I mean including those things we do that are not even related to money. We might be taking a risk unaware, so as long as we are living, we take risks daily, especially with the choices we make. This is why we can never be out of risk, but when it has to do with money, we should be reasonable with the risk we take, or else we will regret it. It's also worth saying that the OP didn't distinguish the risk very well in his write-up, the physical business has a very low risk compared to the online business, well, that's my opinion. Many risks are involved online and if you follow the due process, you will spend a whole lot of money more than others.

The money to secure your online business, for marketing, the licencing, tax and regulatory money, and some could be subject to renewal periodically which is mostly annually. These are some of what you would need money for, just to know what you are in for. But what if after all that, enough patronage did not happen as planned? Or your business is seized by the authorities as we often see, or even hacked for a huge ransom, or worse?

But the issue of physical business is lessened, though no business without its own issue.

I like your stance here, and if it is possible for all traders to win due to how the expert traders are teaching and mentoring, that would have long happened. But it hasn't, which means that every trader can't be successful no matter how they try, something will still go wrong. Even the expert traders are facing trading challenges, and there are weeks/months they could fail, and there are some weeks/months they will win as well, it's all about how they put what they know into action and being cautious at the same time. However, one thing that is keeping successful traders outstanding is the way they manage themselves and their trading accounts better. This is why I always say that there is a thin line between a successful trader and a professional trader, and being a professional trader doesn't make you successful. You could be a professional trader because you know everything about trading and are even teaching others. You may also have your book about it that teaches about all that a trader needs to know to be successful, but still not successful.

This hints that the theoretical part is nothing compared to the application, and the real-time application varies depending on our prevailing psychology (balance or not) at that time. The trading psychology that people often underrate matters a lot. Owning to this, traders can fail or become successful in trading despite all they know, but their strategy, management, plans and psychology are important factors. The most common among these that cause traders to fail are management and psychology. Many traders have good trading strategies, but they fail to manage themselves (psychology) and their trading accounts well (risk and money management), that's the issue and it goes a long way in making the traders fail even if they know everything they supposed to know about the market trading. And this explains why you may teach 100 students about trading and only one of them may be successful. It all has to do with the right applications of what you know, or else, the trader will fail.

I will be more correcting here because most of what you said is wrong. First, Bitcoin and altcoins are crypto assets, either of them can initiate the move in the market. But often, it's Bitcoin that initiates the move, and by its most relevant remark in the industry, we should not expect less. Nonetheless, altcoins are not as useless as you make them look, and Bitcoin is not without its losing season as well. If you bought Bitcoin in 2021, will you be smiling in 2022? That is it, none of them are immune from the bearish season, so the store of value you attributed is not so appropriate, investors can only manage their portfolio better to avoid losses.

Again, how they will help you store the value is still a function of the type of coin/token you are talking about. A lot of them have values now, they are linked to good projects nowadays and such projects are such that we can physically see. So if one can hold on to such coins/tokens these days, they might be better than it was before. But still, one has to be careful and use the charts for guidance, as risk is involved.

Lastly, you are wrong about the P2P remark. Many altcoins have their P2P and I've used at least 3 of them in the past.

This is a good observation and I've observed it myself with mixed possibilities. Well, this is an asset we are talking about, the market is always confusing and no one can certainly predict what will become of any market. Due to this, I advise that all the answers and suggestions you receive should just be taken as information, you can't be certain to believe that's what will happen in the Bitcoin market. For me, I believe that Bitcoin will not find it easy to hit the ATH of about $69,000 before halving, though the possibility of that happening keeps increasing daily. Nevertheless, we have barely a month and some weeks for Bitcoin to halve, I do not think that the asset will be able to move as high as that.

It has already moved so significantly in the few weeks of 2024 after a correction and I believe another correction could happen. What I do not believe is that it can be so expensive to that extent, nothing is currently so spectacular that will make it happen. It has enough of promising futures in the near future but more investors might be waiting until the halving, and not before it. This will always undermine the bullish movement of the coin till then. It will only try to buy, but it will retrace afterwards, and also buy again to make a retracement again. This will happen until the halving comes in place, after which it could be buying with better momentum.

Hey buddy! The choice is yours and I advise you to do enough research for you to select well. However, if I were you, I would not be so careless to invest the whole $1,000 in just a single coin/token. What if it underperformed? This pains investors more than anything, and I know that it is best to diversify rather than believe a certain cryptocurrency can save the day. If I were you still, I would not limit my investment to just 5 coins/tokens, I might go higher to between 7 and 10 cryptos so that it will be better spread for me to maximise my earning potential and reduce the risk of missing out as well.

You might want to choose from Bitcoin, Ethereum, AVAX, INJ, SOL, PENDLE, AI, RUNE, ICP, MANA, NEAR, DOT, ADA, ALGO, OCEAN etc. You know what, the list is endless, just do your research and select carefully. Good luck to you.

True or not, Bitcoin is so promising, we can see it all around us, and those who want to get the best through it must be ready to take the risk. But it's not about just taking the risk but taking the risk at the right time. Like the OP, he took the risk at the right time, and you can imagine what he would gain if Bitcoin eventually hit $100,000 or more in the next 1.5 years. How many banks and investment packages can achieve that (almost x5) within that short time?

I have so much trust in Bitcoin (decentralization) and the investment involved in it, even the payment gateway involved eases a lot of pain for people like me. This can't just be overappreciated. I knew what I went through when I was sending money abroad initially, so it is all benefits regarding Bitcoin if we look beyond the money we could make through it. Well, for others as well, it is never too late, anyone can still make money in Bitcoin because the way I see it now shows that it might even surpass the $100,000 market that people often call. It has almost reached $60,000 before the post-halving season, I wonder where it will be when the time is eventually reached.