I take part in lotteries but I usually do not make a lot of hope to win a lottery. Participating n the lottery is the easiest thing but getting a win out of it may be the most difficult thing. By the way, its fun participating in online lotteries. Of course, if you take part in a lottery, you would track its progress and the result. Although i do not think that i am too lucky to win a lottery but still I keep looking for the results and see if any day i would win something big. What if, I get a chance to participate in a lottery without any investment? If any gambling site offers, free of cost entry in the lottery, i would definitely not miss that one.  Participating in Lotteries are not a bad stuff cause you know it just luck, my chances are not high and the amount yo participate isn't much so yeah cool to me, if I do it often enough I could hit a jackpot soon. The dream of a life-changing jackpot. Imagine escaping financial woes and achieving instant wealth with a single ticket. This powerful hope fuels lottery ticket purchases despite the statistically low odds of winning. The comparison between winning the lottery and being struck by lightning is apt. Both are unlikely events. However, the human tendency to fantasize about improbable scenarios fuels lottery participation.
Many lottery winners lack the skills to manage a sudden influx of wealth. Imagine someone struggling with budgeting a small income suddenly having millions to manage. The financial stress of making investment decisions and fending off requests from friends and family can be overwhelming.
That's not true bro, or rather speak for yourself, right now a million dollar lottery win, man I'm never gonna be broke lol, like I've got a lot to invest in, yeah doing business wouldn't be a great idea cause management skill needs experience and wisdom , but to invest you only need knowledge so it's a far better thign to use such amounts for. |
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I seriously don't see religion as the problem cause what religion aims to solve is to bring peace and free man from a state of suffering which comes from the way of life we have chosen.
No one is forcing anyone to be a part of any religion and that is a choice everyone must make for himself, the war of religion has existed long before my birth and would still exist long after I'm gone, I've taken my part in beign a Christian cause I believe in JESUS and I'm sure he is the only way to life and peace and I won't stop saying it. Not because you don't believe I won't try to preach to others and tell them.the truth I know, your free to do what you want and that freedom includes not to listen and same here I am free to do what I want too.
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Most people don't like to be seen outside gambling, maybe because they prefer to gamble indoors or they just don't prefer to be seen as gamblers publicly. You know at times some people are quick to judge and can easily tag anyone as notorious if they are seen gambling often or irresponsible, to avoid this most people prefer to stay indoors.
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I don't have much idea about this topic but from my observations around I know women as good with their emotions and men often can't control emotions well, so I think women might make better gamblers than men, but yet on this topic what is a better gambler, someone who wins regularly or someone who can manage loses and still continue. Either way i think, giving up on gambling won't be a bad idea if a woman cant control herself and I've hardly seen any woman though enough to continue with gambling.
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For example if you receive $1300 a month and you invest $200 each every week, making a total of $800 per month left with $500, that is a bad aggressive Investment and surely the person is over doing it.
Your example contradicts the definition. Depending on where you live, someone can easily live on $500 a month left over after investing in Bitcoin. This scenario might not be truly aggressive if basic needs are covered. Your right, the concept of over aggressiveness has nothing to do with the amount invested but rather it is more about the condition at which you are investing, if I have all my expenses carried out and I have am investing out my discretionary income then that is no problem no matter how huge that is. But the error that most make is investing aggressively when they have other needs to attend to like building up cash reserves incase thigns go wrong and having a good emergency funds. |
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Everybody has he's or her own. the main issue of cryptocurrenqcies these days can be either stable for a long period of time, or they can stay highly volatile for a long period of time. Nowadays, cryptos are more stable than stocks, but I don't think it will be a very long-lasting trend, because all traders are familiar with cryptos. this comparison can be determined only by a thorough technical analysis or a fundamental one if we talk about long-term intentions.
Crypto currency is still a very Early innovation and has not gotten to a state of stability yet, your information seems to be misleading cause Stocks are far stable than crypto in this era and I think it would stay that way for a longer period of time. Technical analysis is a method used to analyse and read charts by traders to predict trends movements, im not really clear on your topic, so it's hard to explain anything to you. |
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You talked about aggressiveness and do you know the connection, being aggressive in terms of investment may be good because we have the enthusiasm to carry out but how controlling ability is important. If you do not have the ability to control then investment can be done slowly. Have you ever heard how people lose money in investments and it is influenced by individual mistakes, not because of Bitcoin, so when we want to invest, we need to pay attention to how to control it.
It's up to you whether you want to use the DCA pattern or so on, but it must also be able to be carried out according to your ability to control it. Investing in Bitcoin does have the opportunity to achieve success, but capital and strategy are important. Make purchases using a much more responsible method and store bitcoin until it reaches the selling value we want, from there we will see how bitcoin can provide freedom for investment.
One can be as aggressive they can ,but without over doing it, just as sir JJG usually Said. Because most folks usually make alot of mistakes when it comes to being aggressive, mistakes like using their emergency funds to increase their rate of Accummulation without having any backup plan . Which may lead them tampering with their investment, for instance $500 is someone monthly salary and he or she decided to go all in with it without having any reserve funds he or she can take as backup funds , they may endup withdrawing their investment too early and the painful part is that they won't just withdraw the $500 back they may even endup withdrawing everything from their wallet . That's why is better to keep accumulating with any amount you know you can use at that moment, the main thing is that yah being consistent with your accumulation. Any investor who is using his whole salary to aggressively buy bitcoin to increase his bitcoin investment and also buy at a low price is not disciplined with his bitcoin accumulation plan; he or she has allowed buying the dip to decide the amount of money to be used in accumulating bitcoin at the time of the dip. You are right; since bitcoin is not a quick-to-get-rich thing, the investor will not stay for up to a month, and he or she will tamper with his bitcoin investment to survive because he or she messed up his accumulation plan by using his whole money to aggressively accumulate bitcoin. Since the investor has tempered his bitcoin investment, he or she will wake up one day and decide to sell all his bitcoin investment because of the mistake he or she made when buying the dip. We should not be very concerned about buying the dip so that we will not make mistakes that could lead to selling our bitcoin investment when it has matured. We need to invest bitcoins but invest in such a way that we don't have to sell our holdings if we face danger later. That's why we have to divide it into three parts. Having an emergency fund is the most important, so that we don't have to sell our investments in times of danger. And nothing should be done aggressively, the more aggressive the more likely to go wrong. But we must plan and take all steps to survive our investment for long time. You can choose to be aggressive during your Bitcoin accumulation journey base on the result you want, if want to invest in Bitcoin and really want to benefit from it you need to be aggressive about it because you want the best for it will help you accumulate more Bitcoin without it affecting your personal life negatively but can be very risky when you over it without having a huge source of income that can help you take care of your personal need when unforseen challenges may arise, then it is going to affect your Bitcoin investment journey because it may lead to selling out your Bitcoin when it is not due time. So Investing aggressively depends on the level of your discretional income and the level in which your emergency fund has gotten up to, if your emergency fund is up to 6 months and above you can become more aggressive in accumulating more Bitcoin than some one who's emergency fund is below 6 months and above .Today's discussion in general has been good and has shead a lot of light to the subject of aggressiveness, someone who is just Starting out as a bitcoin investor should know that there are other important thigns that should be put in place before they start getting aggressive in buying bitcoin like having Good reserves and emergency up to 3-6 months , and I think investment should be done with some level of comfort and stability in our finances so that we don't put our self's in an early emergency due to a hastily act of buying very aggressively and forgetting other important aspects of our investment. |
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There are times when acting aggressively when prices fall by 10% or when we get additional income.
On the one hand, cash flow must be stable without becoming a burden when we make aggressive purchases.
The thing is that in as much as someone or rather an investor is rich doesn't mean that they cannot run into trouble if they are investing aggressively, however even if the price drops 10% is not actually a good reason to accumulate aggressively but instead you can possibly adjust your DCA accumulation were by if you normally accumulate a certain amount of Bitcoin on a weekly basis and it happen that your source of income has increased you could possibly increase your accumulation amounts that will be well suitable for you. Though I no that most investors have there way or perspective they feel they can take advantage or facilitate there investment on Bitcoin but it will be very bad that they will get overwhelmed and invest all they have without realizing that in as much as long term holding doesn't really involved risk but aggressive investment could be regarded as one of the risk or barrier that could have a negative effect on there investment plan. I Don't agree with your concept of aggressiveness, I don't think aggressiveness refers to investing into bitcoin with all you have or like some crazy investor that is throwing all his cash or savings into bitcoin, IMO it's more like investing not less than you should and at same time not less than you should, i can't really put the definition in words since I myself am still trying to grable thigns well. Let's assume I have a toral of 200$ left as my disposable income after doing all my cashflow and deducted or removed my expenses, and I decide to invest 150$ of that into bitcoin that can be me beign aggressive or let's assume another person earning up to 4000$ and after removing his expenses as a bachelor has a 2000$ left as his discretionary income, normally we should keep in mind that we have to invest from here, kero float and also keep some reserves for later, he can decide to invest a whole 1k or 1200$ into bitcoin and keep halve as floats and the rest as reserves and if he ends up not using his floats or all then he can decide what to do with the rest. I can't really find a way to explain my understanding of aggressiveness with words, but I think if investing in bitcoin is a priority or something that you desire to or want to achieve then that way you would want to give a sizable percentage of your disposable income to it or even all, that is my best way to explain what I understand by being aggressive and if aggressiveness is practiced rightly then you have no worri about it beign risk, they is a balance and that is finding what you are comfortable with. You have made some good point there @troytech I think understanding what aggressiveness might mean theoretically can be a little trick since some might see it to be giving too much to bitcoin at the expense of other thigns, but rather I feel it has more to do with our financial situation and how balanced we are even after giving much to bitcoin, and i think everyone has to find out at what point that they are overdoing their aggressiveness, there should be a balance to aggressiveness so we don't end up overdoing it and spoil everything in the process. I guess I can explain what aggressive investing is when it comes to investing in bitcoin. For one to be able to invest aggressively, it depends on his discretionary income and the level in which his emergency funds has gotten up to. It is said that our emergency funds should be up to at least three months. Someone that has built his emergency funds up to 6 months level can become more aggressive in buying bitcoin than someone whose emergency funds is 3 months if they have the same discretionary income. Now back to buying bitcoin aggressively, it means that if you have $200 as your discretionary income with 3 months emergency funds available, reserve funds and float funds. That investor chose to invest only $100 weekly or monthly into bitcoin, and he sees that the balance of $100 is just lying there and he does not need it for any expenses for long. He can then decide to say I don't like the way my bitcoin portfolio is growing, and he feels like to increase the money with he is using for regular DCA weekly or monthly which is $100 to maybe $150 or $180. Since he does not always touch his balance of $100, he can start buying bitcoin with $180 for straight 3 months. You will see that the quantity of bitcoin that he will accumulate with be higher than when he was buying with just $100. This is why if you have the funds to invest aggressively, you don't need to think twice but do it, as long as you are not overdoing it to the extent that you are left with no funds to take care of your needs or emergency that arises. This is why the level of your emergency funds helps an investor to be more aggressive in accumulating bitcoin. I believe that so many early bitcoin investors that had the money to buy bitcoin aggressively then, and did not take advantage of such opportunity are regretting it now that bitcoin price is 71k. This is why if you can invest aggressively you do it, than to invest in a whimpish way. You might have gotten it right, aggressiveness is a little hard to explain with words but I think we all know what it means ourselves and that may differ individually, so I still prefer everyone to figure that out themselves and try to practice it the best they can, the least I can say is if anyone values and see it as a priority he would approach likewise and sometimes some investors are already used to doing everything slow and steady and wont ever get so aggressive and others would put bitcoin as a priority and invest aggressively, the major thign here is to keep balance and maintain comfort at what you are doing. |
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The legal age to gamble can be over 16/18/21 or whatever is enough for someone to gamble either in an online casino or by visiting a physical world casino cause adults are supposed to decide what they need to do and there is no point in asking for the experience if someone wants to start something new cause everyone has to start from zero at some point.
While registering on an online platform you will be asked about your age or it will be mentioned in the ToS.
In all countries and also gambling plates today, of course, the age of 18 years is the age limit for someone to gamble, but can it make teenagers avoid gambling so far? I don't think so, because at this time I think many of the gamblers are underage because indeed they can trick the site by using fake identification cards to create an account on a gambling site, besides that when we open a gambling site and we are told to confirm our age, wouldn't we also mention above 18 years even though it is actually not, just for the sake of being able to access the gambling site page, I think Tos and whatever it is that is required as a condition of gambling over the age of 18 will certainly not apply to those who are interested in gambling all this time even if they are under 18 years old. I think gambling platforms only make Tos as one of the provisions that apply as a formal requirement and of course they also don't care who plays gambling whether they are over 18 years old or not because they certainly cannot control anyone who really wants to gamble and access the platform, so far parents should be the main supervisors for children to avoid gambling. If someone chose to fake their identity then they are at the fault here not the platform because they made it clear only people above certain age are allowed to gamble and nowadays KYC is mandated to withdraw any money so that if teen is using their parents ID to bypass that requirement then they are doing the crime which is supposed to be supervised by their parents. Casinos can implement much strict KYC standards like live verification but it's going to cost them their profits cause it is highly inconvenient for actual gamblers. Your quite right about this but I think they should also reduce their advertisement to +18 too, you can't show something to a child and tell him not to touch it knowing how curious it would make him, so at same time I think the above 18 rule is just a way to save themselves from accusations that they allow underaged to gamble. To prove this how many casinos have a strict rule of taking some government issued id before allowing you to access them or use them, this only comes after or during withdrawal of funds. |
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:-*The truth is our parents are still stuck in years 20ies mentality of 'GO TO SCHOOL, GET A GOOD JOB AND BE COMFORTABLE' but the actually truth us the system has changed and there are no such thign as good job or if there are even any jobs at all.
Parents often see dreams as a waste of time and often think that we Don’t know what Is best for ourselves or rather they feel we are confused on what we really want, using myself as an example when I was a child around the age of 10 - 12 u wanted to be an engineer cause I had a great affinity for destroying all the tech(kitchen and house hold appliances) at home just to fix them back so yeah really It was a thign but when I got to 16-18 when I now knew what i really wanted to do I wanted to be a business man but I had been bkabing all about beign an engineer to my parents when u was younger so it became thign, but anyway I'm chasing my dreams now and I'm not bothered about parents or any other thign.
There are so many conflicts which arises between parents and kids even when they grow up because to be honest the parents especially from countries like India, Pakistana nd Bangladesh are really difficult to deal with as they intervene in every aspect of their children's life and make it miserable they need to understand that system has changed but they are not ready to accept it and they think they knew everything that's what the problem is which has to be sorted. Basically I won't lie the major problem between parents and children is understanding problem, many parents don't have a clue about how their child us feeling or how to even connect with them, some children may be suffering from abuse from friends and they would come home acting dull and their parents would in turn slap them or call them lazy, and the traditional pattern if system that our parents were adapt to has changed so quickly that the gap of technological advancement and society building has grown so big from their youth till their children grew up, like my dad grew up in the early Time when going to school was such a norm and compulsory for success but in my time its not the most important thing here and we are always in comfort of who's belief or reality is superior to the other, he prefers I go to school and focus on my studies alone, I want to have a skull and build my company and make some money, and that's why we argue all the time. |
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I once went to the stadium and a person died during the clashes between police and "hooligans". the sense of sadness that such an event left in my life are difficult to explain in words. I have just decided to not follow football after this event. And I don't regret the choice. Unfortunately, behind football (and the fans) there are big money interests which as such influence not only the game on the pitch but also the game at the gambling level  likewise players that are blackmailed etc etc.... it is not in the interest of the clubs to create these situations, but a whole series of "group of people" find personal advantages and try to make the most of them. So sorry can't really understand how you felt experiencing such an event as a witness, I've never seen anyone due in front if me before. Your choice is good cause I see all this fanhood as just a bunch of means to create tension in matches cause there are supporters for each side, yeah lots of guys behind the scenes making money from all these stuff happening. |
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This is another reason why gambling can not be a job or anything like a source of income cause you can't know your games would play out and no predictions is ever accurate.
Exactly because the game that you think might be won might not be won but lost. I have played some games recklessly before and I was surprised that I won. That is gambling. If you have such experience share it with us let's see the luck guys around.
I have chosen first 10 minutes goal before and a goal was scored before 10 minutes. It was a big odd. I have predicted exact score several times and I won some which is a huge old. Gambling is just a game of luck and you can't really tell which game would play out or not, just that this time it was quite different, you know those selections that you least expect to play and only staked cause you were out of options or just wanted to stake some cash on it and I even forgot about it cause I wasn't expecting it to play out, it wasn't even my kind of game I mostly go for the smaller odds and high stake but this time the complete opposite, just luck on my side. |
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The whole wall of text that you have written which can be tiresome for some members to read can be summed up as follows- a proper bank roll management will keep you from irresponsible gambling that can spiral into other areas of your life and make you a miserable person. Misery can come from the loss of your relationship because of your unhealthy gambling habits and activities. If you lose money, can get it back but it more painful when you lose the trust of your significant others in your life because of your irresponsible gambling.
You sound as tho if he wrote it that way you won't be the first to frown on it, when a newbie does wrong you complain and when it's done right you also complain, there is no pleasing you guys on the forum, try to appreciate someone if it's done right, and leave your sentiment at home. Anyway OP you've done well I can't imagine the time it took to do some research for this, you have written everything clearly and also made good points. Bankroll should be considered as an must practice for anyone who gamble often cause thus can really be a big change and help reduce improper spending on gambling, like you said if you have a budget stick to it, that way no one would get lost spending yo much on gambling than he ought to. |
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That number seems outrageous to me cause I don't think those number adds up, anyway um quite enthusiastic about how crypto is dominating the one space and making trends every now and then this proves the potential of crypto dominating fait as a better world currency, why crypto is better is cause you can perform transactions seamlessly between countries without much process involved.
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I use to think about how difficult things would have been for us as a Nigerians if there was no Cryptocurrency, considering how difficult it is to get a well paid job, I wonder what would have become of us, but with the help of Cryptocurrency things became more easy with many ways of making money through crypto as such most people now prefer online than working for someone. But Most times I use to imagine the way this country is moving, thousands and millions of unemployed youth, to even make the matter worst government doesn't even care about the welfare of the citizens, they does what they feel is right undermining if citizens are okay by it or not, There are millions people graduating everyday but no job.
Your life before you started crypto and now which one is better? Let's share our experience.
Well if your idea of crypto currency beign of help to us is relating to jobs and working online I'll not agree with you cause aprt from airdrops and this forum how many crypto platforms offer jobs to people, what I would say that crypto currency especially bitcoin has done is opening our eye to flaws of fait and providing g a solution to better currency and asset that we can rely on rather than keeping fait that would still depreciate in value. Crypto has also brought a whole new awareness of technology and database technology that is been exploited today in many African countries by tech guys, so yeah it has Brought more awareness than jobs. |
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There are times when acting aggressively when prices fall by 10% or when we get additional income.
On the one hand, cash flow must be stable without becoming a burden when we make aggressive purchases.
The thing is that in as much as someone or rather an investor is rich doesn't mean that they cannot run into trouble if they are investing aggressively, however even if the price drops 10% is not actually a good reason to accumulate aggressively but instead you can possibly adjust your DCA accumulation were by if you normally accumulate a certain amount of Bitcoin on a weekly basis and it happen that your source of income has increased you could possibly increase your accumulation amounts that will be well suitable for you. Though I no that most investors have there way or perspective they feel they can take advantage or facilitate there investment on Bitcoin but it will be very bad that they will get overwhelmed and invest all they have without realizing that in as much as long term holding doesn't really involved risk but aggressive investment could be regarded as one of the risk or barrier that could have a negative effect on there investment plan. I Don't agree with your concept of aggressiveness, I don't think aggressiveness refers to investing into bitcoin with all you have or like some crazy investor that is throwing all his cash or savings into bitcoin, IMO it's more like investing not less than you should and at same time not less than you should, i can't really put the definition in words since I myself am still trying to grable thigns well. Let's assume I have a toral of 200$ left as my disposable income after doing all my cashflow and deducted or removed my expenses, and I decide to invest 150$ of that into bitcoin that can be me beign aggressive or let's assume another person earning up to 4000$ and after removing his expenses as a bachelor has a 2000$ left as his discretionary income, normally we should keep in mind that we have to invest from here, kero float and also keep some reserves for later, he can decide to invest a whole 1k or 1200$ into bitcoin and keep halve as floats and the rest as reserves and if he ends up not using his floats or all then he can decide what to do with the rest. I can't really find a way to explain my understanding of aggressiveness with words, but I think if investing in bitcoin is a priority or something that you desire to or want to achieve then that way you would want to give a sizable percentage of your disposable income to it or even all, that is my best way to explain what I understand by being aggressive and if aggressiveness is practiced rightly then you have no worri about it beign risk, they is a balance and that is finding what you are comfortable with. You have made some good point there @troytech I think understanding what aggressiveness might mean theoretically can be a little trick since some might see it to be giving too much to bitcoin at the expense of other thigns, but rather I feel it has more to do with our financial situation and how balanced we are even after giving much to bitcoin, and i think everyone has to find out at what point that they are overdoing their aggressiveness, there should be a balance to aggressiveness so we don't end up overdoing it and spoil everything in the process. |
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Absolutely, this is an important rule for all bettors to remember. Diversification is essential in any investment or financial decision, but it is particularly vital in gambling. Putting all of your money on one event is not only hazardous, but also leaves little opportunity for mistake. Spreading your bets across multiple events allows you to reduce your losses while still having the opportunity to reap the benefits.
One must learn to manage their bank role while gambling, that's what contribute to a responsible gambling habits. Anyone that makes drastic while gambling can experience more significant loses because they stake too much on one game that has a 50/50 chance to be a win or lose. Some gambler don't know how to manage their bankroll or they just gamble with their emotions. Your right about this it's good to set a limit to everything so you don't overdo it and in such addictive habits like gambling we should even set extra rules and try to be more careful about how much we allocate to doing so, so we don't end up wreking our finances or becoming notorious with gambling. Some ways to achieve this is by seting rules to how much we give, how much time we spend and even how much we engage in such discussions with notorious gamblers so we don't end up breaking our set rules. |
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I like the fact that you are accepting good responsibility for your actions, but your quite stubborn considering all the advice you were given not to take that bet, anyway my biggest bet was 50k on 10 odds, it was money I got from my sis wedding, in my country they usually throw money on the bride and I was also around that area, so I just picked a whole lot of money for myself  , and I used it to gamble on 10 odds, my first time to take such risk and It played well out for me, I used it to get my first phone and my mini studio, that all never used such amount ever since then. |
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That's left for a person to decide, anything done daily can easily become a habit and you won't know until I has so engraved itself into your heart that you would always want to do it irrespective of any condition, why I hate gambling daily is cause not everyday has the games I like playing so why stress myself trying to win in unfamiliar territory and leagues I know nothing off, so it's better I gamble only when I see the matches I believe would play off for me and that's what works for me, although I have friends that gamble more often than me and they are still winning but it's not advisable cause you could end up wreaking yourself real quick if you don't have enough self control and discipline.
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Hi everyone,
The way you play, which we can consider your playing strategy, plays an important role in determining your profit or loss, like other factors.
For me, when I play, I enter with the intention of double the amount of money and stop. This method may be followed by some people, and I do it sometimes. I determine the amount of money that I will gamble with, for example $100 and I try to get $200 and leave the casino or site if the plan worked very well. If I am unlucky, once I lose $100, I will leave without adding a penny. What is interesting here is that even if I win, I stop and do not deviate from the scope of the plan. In such situations, especially when winning, the gambler may become greedy, and this may change the course of the game .
What do you think of this method?
Is there anyone among you who does it?
Give us one of your winning strategies, of course if that is possible.
Hey you made a mistake with your topic, you should fix that to quit not quite, anyway I believe everyone has what works for them, while your plan maybe to double your money some others may just play some games with higher odds to win more, not everyone has the self control to just get in and out and even after losing would not out of panic want to play again and yeah at times some win their second game and third and it turns out that only the first was a loss, so I think everyone must figure out or has already figured out 2hat works best for them. |
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