About return on investment, it might be a loss for a long time for people that invested at the wrong time. Example are people that invested at $50000. But bitcoin is still going above $50000 again. Even above $100000.
Those who invested in Bitcoin when it reached its ATH of 21k got high returns in 2021 If they had not panicked and sold it for a loss before. At whatever price point you buy Bitcoin it will always give you a high return if you have diamond hands. If you cannot hold and tend to panic when the market goes down then you should not invest in Bitcoin. Weak hands in any kind of investment would always suffer losses. There are other shitcoins that can give you 2x, 5x, 10x, or even 100x on your investment but they do perish fast and you could lose money, whereas if you keep on believing Bitcoin it will surely give you better returns than gold or property in the long run.
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Deleting a lot of old posts can result in a decline in activity and eventually loss the rank. If those users are thinking such useless efforts would help them in securing a position on a signature campaign then they are mistaken. The criteria on how BM decides a candidate is suitable for a signature campaign can be known by reading the Rules. Merits, posting behavior, and active members are three common checks. Different BMs have different ways of selecting a candidate as in the end the managers only want the business to benefit. That is why high paying campaigns have members with high merits and a large number of posts that are not meant to spam boards.
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The worse after effect of gambling is when you are already engage too deep, like what you said more on luck but the sad thing is when you are unlucky you keep trying and hoping that luck will come up and bring you the money that you desire to earned, and again, after you achieved that, your desire to win more will dominates you, greed will start to take over and the outcome may lead you into addictions.
The most important and most difficult issue is that stopping and not gambling often seems very difficult for anyone, even, I think, for the average player. It is not easy for any player to stop playing abruptly, because all the same, this player is constantly and constantly drawn to play and try again and again to win back his loss. But the probability of this is certainly less than the probability of gradually losing more and more. So the moment will surely come when the player will still have to decide - to stop and stop playing or continue to play and get already serious problems in the form of addiction, family budget disruption, scandals with his wife and relatives, and so on. Unfortunately, this is the path of a very large number of gamblers. Breaking the routine is sometimes necessary, and if gambling has become part of your routine, it's important for you to take a break. Start by taking a day off, and then gradually increase the gap between gambling sessions. If you've been gambling every day, skipping it for even one day can be challenging and require a lot of willpower. Therefore, it's a good idea to start taking care of your body, such as by going to the gym or learning yoga. This can become a positive addiction with many benefits. This is just a suggestion and sometimes people are able to take a gap without doing other activities to break the routine.
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I believe this post is suitable for the gambling board and not the local board. I can see you have created the same thread with a different title on that board. It is better to delete this thread otherwise it might be considered as a spam by the global mods
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Yes, I do place bets on cricket & football matches. I have been using Stake for my betting needs for quite sometime now. What you have created on your thread is good but if anyone wants to check ranking and recommendations about a gambling platform then it is better to check BTCGOSU. They have a comprehensive list and a lot of offers. If you can get some personalised offers and a comprehensive list then this thread would be one of the best source to find good online casino.
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Anything that goes well above the threshold of normal can mean abuse, so gambling isn't really something that's far off from that. There are a lot of people that are 'abusing' their freedom with gambling and ended up racking debts that are obviously not attractive. Moderation and control in everything that we do is the key to not resulting into any "abuse" that will be harmful to us along the way. What simple fun to us could mean a lot of danger in the future if we keep things unchecked.
The problem with everyone is that they would have some kind of addiction and in the end, an addiction always ends in a bad way. You are correct anything above the threshold of normal is considered abuse. The problem is no one would accept that they are abusing themselves with an addiction. Ask a gambler and they would always say they considered themselves as a casual gambler. If everyone is gambling for entertainment then why are they end up in debt? When a gambler starts questioning himself then only they would realize the problem they have got addicted to.
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To be honest, I don't know if it's possible to reduce an addiction. A friend of mine, a former gambling addict, once told me that addiction is such a thing that you either have it, or you don't. You can't reduce it. He was cured by a professional, and he has no addiction know, and I'm happy for him, but it's from him that I know that only a good professional can help you to end your addiction.
You cannot reduce an addiction but you can control the addiction behavior. That would take a lot of willpower and control of the mind to be able to achieve the desired result. I have seen many fellow gamblers who were able to control their addiction, it did not come in a day as it takes some time. It would require an addicted guy to consult with a professional or a group to help an addict control his behavior.
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I don't understand what made OP ask the question and then never followed up. OP was last active on the 15 th of this month and after that has gone into hibernation. Regarding the question, yes a lot of members on the local board are using Binance. I am pretty confident that most of us are trading on it as I do. I am not sure whether they are using any other services. Please don't use Binance P2P trade if you are based in India. The reason behind most Merchants operating there are scammers. If you use P2P then there is a possibility that your bank account might get frozen.
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We have the same instant money transfer in our country known as UPI. It has been in existence for a few years now and has been a big success. The only issue is that we still cannot use it for international money trasfer. The reason being other countries need to upgrade thier banking technology. Do you think other countries would be ready to do it? Obviously not and this why Bitcoin cannot be ignored. It will always remain important untill the government of every country agrees to one currency and payment network.
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It won't be strange for us that some gamblers may have several accounts as long as they have a lot of money to become VIP members and enjoy the bonuses they get from each different casino, just like OP playing at big and trusted casinos on this forum like Stake , as long as he is an active gambler of course it will make the wagered higher and bigger, of course it takes time for them to get VIP members.
It's not as easy as we imagine, that every sacrifice of becoming a VIP member is clearly a lot of risk, let alone a lot of money and time spent being there. I'm just a small gambler with small bets. It will be difficult to catch up on getting a VIP account, even though the opportunity is there, but at least it takes years to get it.
I won't be surprised if some gamblers have multiple VIP accounts on different online casino. It is surely not that easy to get a VIP account on a single casino due to the several requirements. Only gamblers who have good amount of money can have such accounts that is correct but what is the need of having more than one VIP account. Having one account would give you the same benefits they don't guarantee a win.
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I have heard and read about people gambling because they had no source of income, a job or they wanted to add gambling as part of their streams of income. Whatever your category the bottom line is that we all gamble to make money though some group claim it's mainly for fun. But who would want to be losing money all in the idea of catching fun!
I actually would like to share those articles where you read that gamblers are able to gamble without any source of income. Actually if anyone does not have any source of income then the bets he is placing is from illegal income. It is a fake assumption that gambling is a another source of income. You cannot generate regular income from gambling. Those who claim that they gamble for entertainment are not gambling everyday. They are social gamblers who gamble with friends and family.
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Both are equally risky, but gambling is riskier because we can feel the pleasure of gambling, making us forget to control our gambling. And in the end, we only know that it turns out that we have lost all the money with nothing left. The risk of future trading is also the risk of making our money disappear, especially if we don't use the stop loss feature and choose Cross mode, which will use all of our balance to trade. But if you use Isolated mode, you will not lose all the money.
That is very clear and simple, all fields will have their own risks, and the two fields referred to here are gambling and trading in my opinion both have a very similar risk impact where psychological and mental will be the main targets that someone can feel. As for gambling, I agree with you that the level of risk in it is very high if you are too excessive in it. The self-control factor is very important in both areas, but there is indeed a slight difference in that the self-control factor in trading as you mentioned, requires one to have risk management, including stopping loss, take profit, maintaining psychological calm and other management to prevent us from what is called MC. Furthermore, in gambling, there is no risk management as I mentioned above, but from a psychological point of view, it is still very much needed here, where control in gambling is only needed when you experience defeat. Agree that both are risky but I still think luck gambling results cannot be controlled but futures trading to an extent can be controlled. If you do the proper research and analyze the data you can predict the outcome. It is somewhat like sports betting, although the outcome will be always in your favour is not guaranteed. Whereas luck gambling is completely controlled by the house.
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I won't say it is the believe of winning that drives a gambler. I would say it is the hope of making a win that makes the continue with gambling. To an extent this hope is the reason why most get addicted to gambling. They are also superstitious and would tend to avoid anything that they think was the reason for thier loss last time. I feel that basically is just a paranoia that slowly takes over thier mind.
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Of course, in any country, every parent will definitely monitor and track the activities of their children, but unfortunately there are still many parents who don't really pay attention to what their children are doing, so many underage children have entered and tried to gamble. If the gambling habit has been left on, it is very likely that in the next few years they will lose their way in life because they have become a gambling addict. The development of the era cannot be the main reason why many children are getting to know gambling because the biggest mistake lies in parents who are negligent in supervision.
If a parent is unable to track the activity of children then I don't think they need to be called a parent. It is better that the government takes the custody of the children and let the so called parents enjoy thier life. These parents are those who became parent accidentally otherwise why won't they keep a track of their children. Whatever happens a parents primary responsibility is the children.
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You still can save 1.5 lac by showing investment under the section 80c. Then you also have the option to avail home loan and save tax on the interest paid on the home loan. Buying an electric vehicle can also save you tax now days. People who make that kind of money do know various ways to save tax.
If you are salaried class then income tax is taken care by the company. If you are not then you would need to file it yourselves.
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Your best bet would be is to finding someone from this sub-board who is willing to compromise their anonymity and receive INR through their UPI ID and thereby sending you BTC/any crypto in return. As of now, @pawanjain is the only candidate willing to go ahead with this since their thread pointed out to a possible solution to this specific issue but other than that I can't find someone who is trusted enough.
I do not think he will agree as OP is some what new to the forum. In all case if he agrees then he won't be looking for small transaction. I am not sure what amount of INR purchase of cryptocurrency is OP looking for but it should be a big amount as small amount of P2P purchase will not help the selling party. OP should send a DM to pawanjain to check whether he would be intrested in a trade.
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Honestly it all comes down to parenting. Here in the United States if you've got strict parents that heavily monitor your online activity, then it's highly unlikely that children are going to be able to make it possible for themselves to gamble online. I know when I was a kid my parents would have never let me, they guarded the PC well.
That said if kids have parents that don't care, it's probably going to be pretty easy to get online and gamble. Parents are the key.
Not only in the US but in every country parents who can keep a track of thier child's activities would always prevent them from getting into any kind of addiction. I have also seen those parents who generally do not reveal thier addiction to thier children in a way safeguard a child's social behaviour against addiction. Still, in today's technology era it is not possible to always track your child's online activities. Before you get your self accoustomed to a new tech your child would be aware of countering it.
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Well, have anyone done the math? Let's say you gamble $300 per day (yea, I know most people do not have that money) and you played every day for say 20 years... and then suddenly you win the Jackpot of say $2 000 000. So... over 20 years you gambled away $2 190 000 to eventually win $2 000 000. (Remember... you win and lose, but you kept on gambling, so you lost whatever you won too) Yes, it was a time killer and entertainment for some people.... but the more you play, the more you lose and the losses added up, eats into your big jackpot some day in the future. You sound very optimistic it seems with your calculation. Your dream of making it big I hope comes true after 20 years. By the way 20 years is a big time and in today's unpredictable & uncertain world no one can guarantee what will happen next day. Gambling cannot be a way of life, it can be a choice of entertainment. Anyways your sarcastic calculation needed a sarcastic 😜 serious reply.
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