Stable Income ? Try to invest btc , you will had Your own risk of it
Per the current trends, an investment in Bitcoin can readily yield a stable income for any individual and I will advice the OP to invest in bitcoins or ethereum and he will be dhl to have a stable income st least for now. The current price of bitcoin is really beyond my expectation - I should have not carelessly lost almost 5-6 bitcoins a few months ago where the prices is too low. At the moment, I would rather invest slowly and not aggressively because the price might go down - but who really knows, it might even goes up to $5k per bitcoin. |
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When first starting there's the greed making gamblers come back for more, thinking they can make a good win.
After a bit they're trying to fill their losses, but they keep getting bigger as they play more.
If you don't know when to stop, don't even try
It happened almost all of us and we started like that before we learn and adjust our mind in limiting ourselves. Gamblers keeps going back for the money they've loss and aiming to earn money .A wrong thing which they don't realize how much they will loss in aiming to earn money ,it is the most point why gamblers keep on coming back. Not everyone will come back for just for money. I agree that most of the gamblers come back to make money but in that, some people will get realise after losing huge money and after some time gap they play gambling just to have fun. The addicted gamblers never stop gambling completely. If they give some time gap means after that again they come back to play. The fact is that there are two types of people who play gambling commas that are dependent people and those who earn money for some kind of strategy point of theirs and in others a very special approach to gambling. But if a person is addicted to gambling, he will still return after any breaks. Only dependence has a detrimental effect on the financial state of the player. People that earns in gambling and play it regularly are professional gamblers. It doesn't mean that they always win, f course they will have losses and they very well knew it from the start that losing is part of the game - just like in the song, sometimes you win and sometimes you lose. |
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We are attracted by gambling becasue we think we can easily earn huge amount of money in short period of time.
The most important thing is to know your limit and not ruin your life because of games.
This is one factor why people are attracted to gambling. But being attraced is different from being addicted. Once the player indulge himself to gambling and forget about anything, that is the start of his addiction. Pleasure, is the key factor here. It stimulates the mind into wanting that pleasure even more. When you the gambler is hooked and already made it a habit of gambling regularly and even skipping their day work just to gamble, that is the start of forming the addiction. It is so sad to hear some horrible stories of ordinary people living peacefully and when introduced and get hooked by gambling, their life is ruined. |
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If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
I would choose bitcoin instead of gold as bitcoin has given tremendous returns to its investors while in the same time,gold has given very few profit.Gold being in existence for centuries is an added benefit for gold but bitcoin too is working on a secured block chain technology.So our investment in bitcoin is safe. I think 99% people replay is bitcoin, and think the main reason behind this is that there is always good fluctuation in the price and everyone is hopping that they can get good profit from investing in bitcoin. and therefore they are choosing bitcoin instead of gold and those people who have no idea about bitcoin still they are giving preference to bitcoin. That is true. When people use bitcoin and find its use and convenience, they will use it more and invest invest to it because they find it very potential for invest because they experienced it first hand how bitcoin help ease their financial transactions online. |
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I gamble to win, big or small is okay. Because it's so much better than throwing it away for house.
I'm very surprised that you do not want to spend your money on your house. Is gambling a better pleasure than aesthetic pleasure from the fact that you are surrounded at home? I think more that 99% people play gambling for making money but some of the people pretend that they play it for fun and enjoyment. in fact no one want to put their money in risk. but they want to make money in gambling.to me as I have so many other ways of getting fun and enjoyment, so why should put my money in risk just for getting fun and enjoyment. To answer your question, there are many kinds of people - some finds gambling as very entertaining because of the thrill of playing it with their money, some prefers not to gamble with their money because they just cant stand the risk of it, and some play gambling just for networking other potential business partners. |
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Experience does not matter in such games where you can only rely on luck. I have been playing for years, but I can not win a jackpot.
Maybe experience does not help you make you win a game in a luck based games but it can help you in making a matured decision to manage your money which is at risk. Gambling is risky, you can lose everything you have but with experience you can avoid that since you have learn lessons in the past and you will not gonna make the same mistakes again. Agree with you 100%. Experience will not help us to win the game in gambling, but experience can help us in making a decision. Recalling events that we have experienced before will make us more careful in stepping. Yes I guess you've explained it pretty clearly. It will really helpful. - Exactly, experience helps us avoid making wrong decisions although it can not help us win but it limits certain risks, that is also a good thing for us. We can not win but we should not lose too much money, experience is a very necessary and important factor in gambling. If we just rely on luck, surely we will never keep profits in gambling because lucky do not follow us forever but experience will follow us forever, it will tell us what the next thing to do, help us not fall into the trap, helps us not to play gambling silly and based on emotions nothing useless and nothing guaranteed you to could always win in gambling , so you might should to consider experience as an important factor but not the only one thing that could take a huge effect on your bets winning/losing. don't treat it like experience are everything , gambling still gambling there would be an unexpected outcome and people usually didn't anticipate about it. Could not agree more. Experience is just one of the many factors like: bankroll management, creating many sessions, well calculated bet plan strategies, emotionless betting, stick to strategy betting without no matter what, and the list just goes on and on. |
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It acn go both ways, it quite unpredictable and at same time to some extent it's predictable. It is quite similar to betting on a match.
But in the case of trading, when you analyse a coin and watch carefully how the coin have performed over a specific period of time, you can easily predict the likely outcome. Though it's not easy, some times it may not go right.
That is right. The best way to tackle this is to divide your total bankroll into 10 and choose a certain trade strategy and stick to that strategy only for your next 10 trades. You then select 10 altcoins and do a buy and automatically sell a position that gets you 3-5% profit. Rinse and repeat. This is easier said than done if you let emotions rule your trading. |
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my opinion of gambling is not bad if you know your limits because of gambling with money or use bitcoin can put los level, and do gamble just for havin fun will not make you feel that you have lost  yes it is not bad as long as you will be able to control youself from playing gambling, when you out of focus that will be the wrong thing if they become greedy in their play, that will be a bad thing. theres no wrong with it just play the game and enjoy it, dont take it seriously. I agree with your idea. If gambling is dealing a heavy blow on your life then dont play too much and waste money. Play within limits and you can have fun and not go broke at the same time. A casual betting on a game with your friends can be fun if done properly and without the idea of winning huge amounts. If you dont take it seriously you might just lose a lot without actually realizing it before its too late - so I am a bit skeptical about it. I totally agree. Sometimes we just get caught by surprise that all of our bankroll are gone already due to multiple bets we do in our gambling sessions. If you are a kind of person that easily get distracted and can't control your emotions, gambling is definitely not for you! |
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Bitcoin is bitcoin, Bank is Bank, people who use Bitcoin my not use Bank and one who uses Bank may not uses Bitcoin so that the grown of bitcoin can not make Bank disapper
I think so, Bank and Bitcoin is not related, people need Bank to take cash and Bitcoin is the way that can enable people to send money through the Internet Makes perfect sense. There will be people that will prefer bitcoins for online transactions and bank for fiat money. For me, I only use bitcoin for trading, investing to online casinos, and some sportsbetting, the rest are fiat money which of course involves banking transactions. In other words, bitcoin and banks will not make each other disappear but rather coexist in providing a diversified services to the people which gives them more options to choose from. Banks are for fiat while wallets are for bitcoin so basically that's it. That is correct my friend. They coexist with one another - giving great service and value to its clientele. Isn't it cool that we have several services to choose from with regards to our finances and investment?  |
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Do you gamble for fun or for profit?
I do gambling for profit. Since if I just want to play for fun, it's better to play online games instead. However, I don't take it seriously, I'm playing it calmly so I can focus and at tye same time I'm not being pressured. Good for you. Just don't get hit off-guard with your emotions when you encounter some pressing circumstances during your gambling session. Maintain your cool and keep calm. Good luck mate! |
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That's all trye,we should only play the amount we can afford to lose to have no regrets for its hard to tell whether we can earn or not.
The amount that we can lose and make sure that it is only small amount. I dont think it is good to spend alot even if we can afford it. Alot of people have lose alot from gambling so I dont think that it is good to waste money. The money that we dont waste could be use somewhere else when we need it for sure Even if we do have lots of money to spent its not really a wise thing to lose it all on just playing gambling and as you said there are lots of things that we should make prioritize rather than on playing gambling alone.Smart way is that we do know how to set our limitations on playing gambling,not playing on longer time and and dont spend on the amount that you cant afford to lose. I could not agree more to this. We should always have that limitation and have the discipline to stop when we reach that limitation no matter what. This is how to combat great loses in gambling. |
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I don't think there is a limit on how much a player can really lose in gambling, if a player really got himself addicted to gambling, he could simply just sit in front of his computer and gamble everyday with his life savings, even when he lost all his life savings, he would always find a way to get a loan from his relatives or friends. Best advice in gambling, just gamble what you can afford to lose You are correct mate. And aside from gambling only to the amount that you can afford to lose, you shall also have the courage and discipline to stop gambling when you reach that threshold of your gambling money. |
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Not sure but I think experience gives close to none advantage in such luck based games like dice etc. Sure thing it won't harm but knowledge about for example, martingale systems and the fact that its not working cant be called experience, its just knowledge.
So I think is much better to know what is what, know the theory than have experience.
Such games of chances are in nature very unpredictable and chaotic, nothing can give a good advantage in those.
Absolutely true... Experience can nothing add with any value in the luck based games, yes, experience can bring some knowledge about the operational interface nothing else, experience can help you to take decision based on the previous statistics, so it can't bring any positive results until your luck support you, so I think, experience doesn't make any positive sense in gambling.. Well, experienced gamblers don't fall victim to the "gambler's fallacy" and they've probably learned their lessons with the martingale systems....So, experience does matter in some cases, even in games based purely on chance. And, that's not even mentioning that experienced gamblers have learned how to manage their bankrolls more effectively. you hit it right mate! experienced gamblers don't get fell victim with some winning streak and they stop according to their plan even if there is some very enticing winning streak right on the front of their eyes. Managing bankroll and sessions is the best way to go to mitigate risks. So what are their goals to gamble? They just gamble to manage a bankroll is that what you are saying? They gamble to win, and how can a gambler know if he/she will be winning a streak, is he a clairvoyant? You can say that. Gamblers goal is to win their bets, they can just control themselves . Professional gamblers are just not betting to win and that is it. There are many factors revolving their betting strategies like: 1. managing bankroll, 2. creating sessions out of that bankroll, 3. stick to their strategies for specified sessions, 4. no emotions betting, and the list goes on and on. This is how it is done my friend. |
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Bitcoin is bitcoin, Bank is Bank, people who use Bitcoin my not use Bank and one who uses Bank may not uses Bitcoin so that the grown of bitcoin can not make Bank disapper
I think so, Bank and Bitcoin is not related, people need Bank to take cash and Bitcoin is the way that can enable people to send money through the Internet Makes perfect sense. There will be people that will prefer bitcoins for online transactions and bank for fiat money. For me, I only use bitcoin for trading, investing to online casinos, and some sportsbetting, the rest are fiat money which of course involves banking transactions. |
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Try to learn trading instead of gambling, in trading there's a lot of strategy that you can learn in just a easy way unlike gambling this game just making you a greedy on the money, trading can be a source of income a steady income aside from it you can just focus here in btctalk.
Trading is not easy but if you confident to learn for sure you will understand everything about trading and you will earned bitcoin every week for sure. Unlike gambling it is very risky because they possible that your bitcoin lose by playing it. So its better trade instead of playing gambling. But other people their business in bitcoin is gambling. There are really different type of people - some other people preferred trading while others preferred gambling. I should say that do it depends of your interest and where you are much comfortable with. |
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If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
I would choose bitcoin instead of gold as bitcoin has given tremendous returns to its investors while in the same time,gold has given very few profit.Gold being in existence for centuries is an added benefit for gold but bitcoin too is working on a secured block chain technology.So our investment in bitcoin is safe. you are correct mate but for me, it is wiser to invest in both bitcoin and gold or even more invest with other investment vehicles as well so that you will a diversified portfolio investment an if in case one of your investment is down, you are covered with other investments of yours. |
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Not sure but I think experience gives close to none advantage in such luck based games like dice etc. Sure thing it won't harm but knowledge about for example, martingale systems and the fact that its not working cant be called experience, its just knowledge.
So I think is much better to know what is what, know the theory than have experience.
Such games of chances are in nature very unpredictable and chaotic, nothing can give a good advantage in those.
Absolutely true... Experience can nothing add with any value in the luck based games, yes, experience can bring some knowledge about the operational interface nothing else, experience can help you to take decision based on the previous statistics, so it can't bring any positive results until your luck support you, so I think, experience doesn't make any positive sense in gambling.. Well, experienced gamblers don't fall victim to the "gambler's fallacy" and they've probably learned their lessons with the martingale systems....So, experience does matter in some cases, even in games based purely on chance. And, that's not even mentioning that experienced gamblers have learned how to manage their bankrolls more effectively. you hit it right mate! experienced gamblers don't get fell victim with some winning streak and they stop according to their plan even if there is some very enticing winning streak right on the front of their eyes. Managing bankroll and sessions is the best way to go to mitigate risks. |
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yes i do agree with you because in trading the results will be not same such as yesterday and possible too for that day you will experience to loss because you had wrong predict for the prices movement however even these jobs full of risk but some people very enjoy for trading and they more likely to choose trading than other jobs
Yes the results changes every transaction because of the development that have been made in bitcoin itself. For me there is a lot more thing to monitor it through graphs and news to make it more predicatable and to know what is the best thing to do especially on trading because one wrong moved and you may lose a lot of bitcoin in one transaction. But if you will manage it well it may lessen the risk to lose and you may earn more. That's why it's better that you have a decent capital when you trade to give way to these risks and that's also the reason why it's important that you don't depend on a single coin. Aside from studying and observing the movement of coins and which coins are good to trade at a certain time, you have to be patient because all these fluctuations can make anyone do panic decisions that will certainly lead to losses Yes the altcoins are very tempting, suddenly the price will increase, and suddenly the price will come down. So don't get panic in trading. If you are a panic person, then don't do trading. Bitcoin trading is a different matter because it is already stable in the market if today it falls, tomorrow it will come up. But altcoins are not like that we don't have trust in them. So I will also accept that trading is an unpredictable job. That is right. Just be cool when you are trading and follow without emotion your plan. Stick to your plan and you will do good. If you have some losing trades, don't worry because it is part of the game. Just aim to have more winning trades than losing once. And did I said to kee your cool? |
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I do not gamble to much but it always seems that when I do, I take the loss big time. For example, I have lost over 3 BTC in the BustaBit game online. It is fun and I like to play but I always get greedy with it. I have won about 2.2 BTC back, but I lost more than what I have won. For some odd reason, I keep coming back over and over. I do not know why I do it, why do you?
You keep going back for just one thing alone, to recoup the monies that you lost but you will eventually end up losing more and until that cruel cycle breaks. In the end you may become addicted. Could not agree more with you mate! That is really the sad part of it. We should only go back playing just for fun with the money that we can afford to lose and not really playing regularly. That way, we will not be hooked and addicted to gambling. Yeah I agree even if it is addiction though it will not be of that level in which people get out of control and become emotional with the games while leaving everything behind for their own for the time being pleasure which most probably end with a very sad situation. But if we act wisely as many of the people are doing by just spending a separated amount in their budget for the gambling. This is the best way. That is true. We should apportion a little money that we can afford to lose and have the discipline to just gamble that amount of money. Of course, don't forget why you gamble - to have fun and entertainment, period - don't aim for profit because you will get disappointed most of the time. However, if you want to be a professional gambler, it is not bad to learn strategies to have more chances of winning than losing. |
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Because gambling is a fun activity. Even if it has been peppered with money, will be very visible pleasure in it. And people began to get lulled when they had seen money grow when win, and became emotional when he lost.
Not just it's fun but there's a lot of factors that make gambling is an addicting activity. The pleasure, the money, the satisfaction it's like a package that you'll get when you started to gamble. Yes, most commonly the pleasure just like any other addictions in the beginning you will feel the pleasure and the charm in the gambling and definitely the satisfaction and the happiness that you after winning from various games or bet and the earnings that many of the people enjoy. There is no doubt that in the beginning you will not feel that you are addicted because you will feel fun there but after sometime if there is no more charm for you there you still will need to go there and this is what it is all about. That is true. And after we experienced those fun and excitement, we get to form of habit gambling. Then, we just realized that we get hooked into it and is already addicted to gambling. |
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