First how does Bitcoin operate? Bitcoin it's a digital currency uses Blockchain technology to support transactions between users. If you know how Bitcoin operates then you will also know the consideration that comes with. And critics say Bitcoin doesn't work as a currency, Citing volatility use in illegal activity, but supporters argue that it's too early to make some of these claims, is already fixing many of those concerns. I know their are so many things to be consider with when it comes to anything investment. Mostly concerning the highest exchange in the world. So what are your opinion towards the people that are investing in Bitcoin?
When you are at first engagement or totally noob about Bitcoin then reading up its WP would be giving out that direct idea on what it is https://bitcoin.org/bitcoin.pdfOn the moment that you do make yourself aware on what it is then you would definitely be having the idea on what you are dealing with. It is really just that a bonus that its value is something that do increase but we cant really be able to deny that majority will really be giving out some emphasis when it regards on making money rather than on its actual usage or utility. Investing on Bitcoin and what are points to consider? Invest on what you can afford to lose, dont expect something about 100% assurance. Bare up with the risks involved when it comes to volatility. Get prepared in terms of those cycles whether bull or bear cycles. Expect tons of criticisms or other negative inputs and legal issues and never ending sentiments that this market could really have. |
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When it comes to investment, we must choose Bitcoin because it is still on top of the list of the highest crypto investments in the world. Although no one guarantees its price growth, it is relatively stable which is one of the reasons for its investment attractiveness. Many new investors may be disappointed with their investments due to the dumping trend in Bitcoin price but they should buy more during this period. The dips price may not last long so buying bitcoins at this time will make you much more profitable in the future.
Agree with your choice, Bitcoin is very suitable for long-term investment and of course Bitcoin has high interest who will always provide support for Bitcoin by buying Bitcoin whatever the price offered on the exchange. Keep increasing the Bitcoin we have for future investment. Never put all your assets in any type of altcoin because it can endanger the trading capital you use. You are right that BTC should be the first choice of crypto investors. Many currency trading platforms offer various incentives to attract their investment. New investors may get caught in their fraud trap which is undesirable. But there is no need for hype in the case of BTC. Tens of thousands of investors are holding and continuously buying trend even with the solitary efforts of the holders to advance BTC. Shitcoins must be out of the question in investing in BTC, where it can be assumed that it will surely move towards its goal. It is advisable to throw it in the dustbin because it is better to have BTC in a safe investment than a risky one. There will be risk in investing but you should take into consideration the level of risk and even the small amount when deciding to invest in BTC. When it comes on choosing on which one you would really be that investing into then it would really be just that depending into you on which not all would really be sticking with BTC on which they've seen that they cant really be able to make huge money or profits because making x2 on the current price is already that too slow or something that will really be taking up some time, but in speaking about security and assurance at least then majority of people would really be that confident on choosing up Bitcoin yet this one has been trusted all over the decade even up to now. Selling and buying decisions would really be that entirely be that depending into someones preference because when it comes to investment then we do have different targets or goals or simply with those considerations. You cant really just that make yourself that simply copy out others recommendation and it would be recommended that you should be following on your own rather than on making yourself that too delusional on things. |
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Of course, when a person earns a lot of money, his character changes. The thirst for money can become very strong. I don’t know how to resist this process, but people who have experienced such a state say that they have changed and did not understand it themselves. I think that such a change can happen to any person who was able to earn a lot of money. It will not depend on your character or human qualities. If you have health problems, it may be easier for you to earn money because part of your attention will be focused on health and you will not be able to devote all your time to money
For those people who havent been able to held up a particular amount for the rest of their lives will eventually be having this kind of action or that kind of perception towards on the money that they are currently earning or getting. This is why we would really be able to see into those people who are really that making bad decisions and to those people who do made out those right decisions. Of course we would really be needing up that kind of good mental state on the time that we are investing. Dont make yourself that delusional because once you do then you would really be that prone to tons of mistakes. Self realizations do usually happens on the time that you would be experiencing hardship and not before that. Never ever consider yourself to be that all-knowing being, plus we do know that emotions would really be that a huge factor for someone to be that affected on the things that they are really seeing those drastic changes into their investment knowing dealing up with volatile market is never been that something that you could really be that confident with. |
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We all know that we cannot play for a long time without being responsible players; we could go crazy, or we could lose all our money; at some point, you have to realize that you need to play responsibly, so I created this poll and this discussion to pick your reasons and explain it.
In my case, I have to lose a lot of money to realize I have to gamble responsibly if I don't want to break my finances and experience depression, so now I control myself and monitor my expenses, and I'm doing good with it.
Regret always comes at the end, not at the beginning. So, the most common answer must be "when I lost a lot of money". Most of gamblers are stubborn and have a high ego. Only personal experience can make someone become a responsible gambler. My golden principle when gambling now is, "gamble with the money you can afford to lose, do not gamble with your life" Concerning gambling every gambler should have it at the back of his or her mind that you are bound to loosing inorder to get something in return but if you're aim is to just enjoy the fun you get while gambling then you have nothing to loose. So with this you need to know that something must kill a man and when you know that,you have to limits every thing that will promotes that which is learning to be responsible without expecting anything in return. But not all would really be having that kind of thinking. Some might be that responsible and mindful but there are those people who dont really care about on the future events that could happen into them or to the situation that they might be able to experience once they do go out with those limits or having no moderation. Gamble for fun and not for money then you would be finding yourself having no problem if you will really be just that be sensible on the things that you are dealing or involved with. You cant just that make yourself thinking that gambling could make your rich overnight;Whereas, you would really be that trying to play like a madman because you are trying out to achieve that kind of goal that you had set into your mind. Be responsible on early phase and not make yourself that being that careless or too wishful about getting rich because of it because having those intents are usually the case on why people do mess up their lives. |
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I'm also beginner in trading. I trade since this summer and I lost about $90 on $120 account. Recently I make $20 on last $34.
Throughout my journey in trading, I read Jack Schwager's book, watched many educational videos on YouTube, read many articles on the educational sections of CEX exchanges, and also talked with many traders. It seems to me that I understand enough about technical analysis, trading systems and trader psychology. But I'm at a dead end and don't know what to do next. Other traders advised me to just trade, but I think that over time I will lose my remaining $45, and demo trading does not bring such emotions and I don’t want to try hard when trading it
Self learn or having some mentor or guru, then it would really be just that depending on you. Stick into something that you do prefer in terms of learning curve because if you do find out that you could be able to learn up things on your own and doesnt have the money to afford on having those mentors or gurus then it would be best that you do go with that self learn path. We do know that there would really be some sub fees into those people who are tending to teach up someone. So if you are really that the one who is skeptical or doesnt have the money then you could go with this option. Also, come in mind that when it comes to information and other things that you would really be needing up is already available online. It would really be just that depending on how you would really be researching those things. It would really be needing up that extra work and some hassles for you to learn up things. Trading skill isnt something that you could really be able to learn up on a short time. So dont rush up yourself on learning because anything could really be learnt along the way. |
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Have you successfully influenced someone to invest in bitcoin ? What was the final result, did they thank you later for this ?
I used to back then but I changed. If you don't know me and closed to me, you will think I don't used internet because I hardly talk about it reason because people expectations are so high that when they hear food side of Bitcoin, they want to experience it to and they later make you feel like you are the one controlling the market, always making you feel you are the person that is stopping the Bitcoin market from making a run for there money. Another benefit of staying low about the whole thing is for security reasons and now that the government has officially start to fight against cryptocurrency trading and involvement in any digital investment, bringing new person here is risking their life's and investment because they can be block from using banks and I don't want to be involved with any problem for trying to help. If someone whose close to me then i would really be definitely be giving out those basic ideas and concepts on how crypto works or something that do talks about the basic principle but of course you shouldn't really be that forgetting about the risks involved. If you dont like on getting blamed in the end of the line then you should really be telling them about the risks specially we are really that dealing with a volatile and unpredictable market. This is the most important thing that you shouldn't really be forgetting on telling them because this is where usually relations is really that being broken or something that will really be compromised, because on the time that they would be seeing those decrease of their money then they would really be pointing out their fingers on your or simply being getting blamed. This is the primary reason on why i wont really be tending to share up those information into other people not unless if they would really be asking out seriously or i do see that they are really interested then i might consider but of course the rest of explanation would really be leading up into those internet search on which this is much more better. |
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Even if a new project can make good profits for a short period of time, it may not be a viable money making source. Can scam your property at any time. Here you told about a new dapp. What should I say about the Oscars app?
There are many good multichain dexes in crypto. I think you should pay attention to them.
Correct, i think investing a new projects is more risk than profit but if you will research before invest in new project, then you can make profits because of course some new project are looks promising and listing so many top tier exchanges. If OscarSwap is a new DEXs project, so OP's need to analyze about it’s future. I have seen many projects that use the swap concept and ultimately end up with a loss pull, so the most important thing to do before actually investing in a swap project is to analyze the people behind the project, remember your money is very valuable, don't until you lose it because of your negligence in analyzing, stay careful because there are lots of project scammers out there On the reality that we are facing into this market is that there are really those people who would really be doing up some research but only after on the losing money incident that they had experienced recently which is really that totally absurd or something that they should have avoided if they had made themselves that mindful or wary about on the things thats happening around. Investment is something that should be that studied up well and make out some research all the time. It doesnt matter on what kind or type of project that you are dealing off with on which it would be just that ideal that you should set up with those check list before you would be making up some decision whether you should invest or skip out. Speaking of scam projects then there are tons we do have in the market and this is why if you dont like to deal up with the risks then you could just simply invest with Bitcoin and hold it for long term or with those other established altcoins in the market as well. |
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The trouble with these sorts of "tricks" is that if someone has enough self control in gambling to stick with this rule, then they most likely have enough self control not to be a problem gambler. It's true that people who have picked up the habit of gambling on their phone, either through a website or a separate app, are going to be more vulnerable to losing money because peoples phones are an ever present fixture in life. You also mention budgeting and limits, which are probably better ways to manage your account, as long as you can resist the urge to remove them or raise them so high as to make them worthless. Letting gambling seep into your whole day is definitely a problem and this solution could help a little.
*Self control *Discipline *Patience *Awareness *Seriousness of quitting or having a break with gambling These are the things that you would really be needing for you to be able to avoid such condition on playing or simply trying out to stick into those boundaries that you have been set. Actually it is really just that too easy to create one but implementation or following it would really be that so damn hard. There are people who might be able to easily follow these rules that they had set about and there are ones who would be still skipping out just because they do know that they could be able to play as they like. |
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A lot of mistakes people make a lot is going into bitcoin trading without any steady source of income. While it is true that bitcoin trading can change your life for good, you should also know know that it could also wreck you. First get enough knowledge, make sure you are working as this will help you fund your trading accounts. Only trade what you can afford to lose.
Do not also invest your life savings into bitcoin trading. this will hinder your trading capabilities as you will be trading with emotions and fear of losing your money. Trading is best done without emotions attached this will allow you make decisions better.
Do not quit your job if you have one until you have become very profitable in bitcoin trading. The market can become very unpredictable and you can lose funds, so for you not to go bankrupt you should be very profitable before you quit you job or any other source of income you have.
Do not forget that you should always risk what you can afford to lose.
Dont make it as your last resort because we know that dealing up with an unpredictable space or simply volatile doesnt really give out that kind of assurance that you would really be able to handle it well on which on the time that you would be making yourself that confident then this is where mistakes will surely happen or simply you would really be making yourself getting disappointed in the end of the line on which we know that there's no way that someone could be able to have that kind of fixed income or sureness that they could make money within this market.On the time that you had quit up your job but you arent that something that could be able to sustain on making money via trading then you had just basically fucked up yourself because we do know that there's no way that you would be able to sustain yourself and since we do need money on day to day living then you would be able to realize on the wrong decision that you had made up.  |
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no one can predict when a significant correction will occur, because it is something that is impossible to predict. but if you want to invest in bitcoin and wait until it really corrects, i think that you won't be able to get the right time, because you will keep thinking about waiting until the price of bitcoin really falls and in the end you give up and won't invest. so instead of continuing to think doubtfully like that, it's better for you to buy bitcoin now and hold it until you really make a profit from your investment, because that's the only way to invest in bitcoin.
There are lot of people with similar mindset and confusion because when the BTC is down they keep waiting for pump without investing into it as they have subconscious fear it may drop even further and when the market pumps they wait for dump to buy at dip, when the market is stable they wait for correction which no one can predict. And with that kind of waiting up for the right opportunity would something be causing up for them to missed out tons of opportunities just because they do hinder everytime when the market do make out such movement. Its true that when it pumps then we do wait for correction, if it corrects then we would be waiting up for its bottom and when its consolidating then you would be skipping out on making some orders or entries just because you would really be having those thoughts that it might be going up or down on the time that you do make out such buying or selling decision. If ever there's someone who would be able to know or simply be saying that everyone in the market does know on when those things to happen then everyone would really be doing on the same action which simply means that there would be no market movement or simply those volatileness since everyone is really that waiting for the right timing. Significant correction? It would be neither be happening or not with this current cycle. No one really knows on when it would happen.This is why it would be important that you should really know on what you are doing. |
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I see that current youth is inspired by celebrities and influencers in big way. Did you also start investing in bitcoin because of some celebrity ? Or you know people who belong to that category ? Is it a wise decision to do so or we should do our own research for better results ?
Making yourself having that kind of investment decision just because of some influencers or celebrity is something that would really be risky. Why? not all those people who had been suggesting something will really be that telling everything or really simply that knowledgeable. You dont even know if they are really that knows on what they are doing or just simply they are really that going with the hype. This is why if you are really that having those doubts not only just on learning something new then it would really be always ideal that you would be needing up to learn up something more or verifying on your own via making some more indepth research. Its always been that important that you should really be the one who do make out some decision specially on investment. Dont make yourself do get easily hooked via with those people around no matter how popular they would be. Always mindful that your money is at stake on here and you should really be that wise and careful with your decision. |
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I was in argument with someone. His view is that people who gamble are those that what they have is not sufficient for them and so they try to make more money from gambling. He said if you have sufficient money to take care of your needs that you won't think of gambling. He made reference to some rich people, who don't gamble because they have sufficient money to even gift to charity but that those rich who still gamble are only addicted to it not just because of the money. Therefore, that the percentage of the rich gambling is very small compared to those in middle class and lower class.
So my question is, is the percentage of the rich gambling lower than the middle and lower class?
gambling is not categorized for either those with sufficient money and those without sufficient funds, gambling is a game of luck that can Favour everyone both the rich, poor those with sufficient funds and those without sufficient funds. ordinarily i did not gamble because i did not have sufficient funds, i gamble most times to know if luck will shine on me. gambling is not certain and if you have the mindset that gambling will be the only measure to get money, i will be sorry to tell you sorry because you might end up losing the ones you have. most people gamble for fun especially those with sufficient money because they will stake huge amount of money for either to entertain themselves or double the money. we cannot measure the percentage of the classes of people who gamble it all depends on your location because sometimes in some areas the poor will gamble more and other areas the middle class and the rich class as well, so we can't say for sure the class of people that gamble more because it depends on individual mindset. As it should be but its unbelievable that there are really indeed people who do make gambling as their last resort or something that solved out their financial problems on which this is really something which is really that absurd if we do speak something about this. This is why it would really be best that you should stop on thinking up on this way and just really that gamble for the sake of fun. When you do gamble then it is really something that do speak about having those leisure or having fun and not making some income from it because if you do then you would be potentially be making yourself having that kind of risks on sleeping on the streets specially if you do make your greed control you and make yourself have that delusional approach towards gambling then you would be ending up on disaster and this is something that we dont really like but well there are people who are really like that. |
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Yes, maybe you are right that action and learning from mistakes is the path to success, and that is the nature of most successful people. Because I once read that successful or wealthy people are stupid people who always make mistakes but they are persistent in getting up. That will increase your chances of getting lucky. And to become wealthy also requires luck, because luck is the main factor in becoming successful and wealthy. What happens most often is that those who make money initially get their money from someone else, through inheritance which increases their chances, but this is always a matter of luck. Don't believe the myth of entrepreneurs who are friendly, kind, talented, and thrive on their own efforts.
Those at the top get there not because they are great, but because they often had some luck when starting out, for example being born male, white, and wealthy. Because they had many lucky moments on their way to the top. So the formula for being successful is Hard Work x Unfair Advantage. But hard work remains an important factor in achieving success. Because if there is no hard work, then what is there to increase the chances of success? There are also many people who are lucky but don't make good use of the opportunities they have and end up with nothing. So everything is needed to become wealthy.
Most of the times,building wealth requires a very long time,so much efforts,and lots of self discipline,and there are several rules that guide or govern such choice of decision in the beginning. You'll start by harnessing your thoughts,intentions,and initializing your actions all together to attract wealth. At least,for some people who are not born into wealth,they're told to never spend more than what you earn,and that's a financial responsibility that every individual should possess irrespective of your earnings.It is important for every individual to consciously choose the right tools towards attaining and building wealth. When a person is born wealthy, chances are someone already taught him about money and management. But for someone who comes from a poor beginning, he will have to act when he is young and fail many times until he gets to learn everything there is to succeed. Either from trading or building his business from scratch. If you are born to a family which is rich or simply wealthy then it would really be that something an advantage on which its true that it would really be that unlikely that you wont really be taught up about business management or something that correlates into it.Whereas, this is really something that would really be that so tough if you are born into a family which does have that less fortunate or not really that rich on which you would really be needing to find up methods and ways for you to be able to make yourself that having that good life or something that do speaks about having that upgrade or something that talks about progressive. You would really be needing to take action and make yourself do some hardwork. No one would really be that becoming rich without doing nothing not unless if you are hitting up some jackpot in lotteries then this is the only time that you would consider yourself that instant rich and this is some people been thinkin off with.  |
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you are worried about 3200 price of ethereum so what more now? https://coinmarketcap.com/currencies/ethereum/ as ethereum continue to drop at 3k mate  Dont worry mate because you will get what you are waiting in right time but for now better to keep your funds on hold like what we are doing because we cannot cater to sell for now , from the dumping market and also with the fee going crazy also Instead on making yourself that aiming or minding too much with those numbers, it would really be that better that you should really be making some buybacks or accumulation specially the price now is really that going down on which it would really be that understandable yet we are dealing on an unpredictable market on which its really that something that you do make yourself that accept out the fact or else you would be finding yourself that impulsive on the time that you would be seeing those dropping prices. When it comes to potential price of ETH then we've seen that it do have that higher ATH compared to 3k. I dont know on why people or OP is really just that aiming for 3.2 but well if doing some short term trades then it would really be a normal approach. There are really just that those people who are really that skeptical whenever the market drops on which its not really that shocking anymore. Only to those who are mindful about their actions would really be aware on whats happening around. |
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-snip-
And I point a fact that without an edge, psychology is a crap, one need have a system which suites him and disciplines himself to follow, with proper risk management he already know that two possible which is profit or lose, this will shaping him to trade without fear because he already has a system he follows. But skipping the process of learning and building psychology will make you keep losing because you understand nothing about the market.
Advantages that include good crypto knowledge, basic knowledge of trading is indeed very necessary. Because Psychology will be formed from a series of events that occur while trading takes place. One will not rely on psychology alone, but also on excellence, as they can read the market well using TA and FA. Knowing the science of trading well and then hone trading psychology, it will be the perfect trade if you continue to practice it. When dealing up with trading and dealing up with an unpredictable space then it would really be just that normal that you would be needing up that kind of learning and knowledge on which you could be able to sustain up yourself or else you wont really be able to proceed or would be able to handle yourself on this unpredictable space. This is where you would really be needing up to consider on having that kind of engaging on learning up technical analysis and so as with fundamentals on which this would really be something significant. You cant really just that hover yourself into this space without having that kind of consideration or learning. It would really be so damn hard for you to be able to deal up with this unpredictable space if you wont really be able to apply something on which its normal that you would be needing to learn up and deal up accordingly with these kind of steps. |
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Casimero doesn't have any to bring for Inoue except that taunting, which I think the camp of Inoue has matured already from all the antics of Casimero and that's whey his name is not even mentioned.
I think Casimero's named was mentioned during an interview after Inoue defeated Marlon Tapales, but for sure Casimero is not the priority since his ranking is low. However, for a champion that has been disrespected everytime, I think he should accept the challenge of Casimero so he can shup him up. Inoue vs Casimero, such a good title, and I think the fans will be fully satisfied as sure this fight will end in KO, not sure who will win but I know it's going to be fun. I'm a fan of Quadro Alas but all he's doing is just making noise and need some attention; he hasn't really proven much yet. Based on the current rankings in his weight class, he's at number 12. If he really wants to fight Naoya Inoue, he needs to prove himself and ranking first, not just making noise and asking for attention. As a Filipino boxing fan, I admit I'm one of those who want to see Casimero vs Inoue to happen but for that to happen, he needs to improve his ranking first. Inoue won't really gain anything if we just say the fight happened. It's not worth it for Inoue's side. Who wouldn't be a fan of Casimero, very flamboyant and brandish inside and outside the ring and knows how to make some noise and back it up. But at number 12, no one will take him seriously, not the unified champion in Inoue. And as what you said, he needs to improved his ranking first by fighting another rank boxers in his division and then impressed us, just like what he did when he was a relatively unknown boxer at 118 lbs and then just go up and beat the champion and become a house hold name not just in the Philippines. But it was his fault that he lose everything because of his weight issues. That man is always loving on talking shit, yes he does have that kind of achievement but when it comes to ranking then it isnt shocking on why he's still not been considered to fight Inoue. lol Casimero fans are really that dying to make this fight happen as if they do really believe that he could be able to beat up Inoue and if we do tend to compare out both fighters then there's no chance for him to win up against the monster. Casimero easily gassed out and this man loves to talk and making up some trashtalks but if ever it happens that there would be that kind of mandatory fight in between then he would really be able to eat up those trashtalks that he made out earlier. hahaha |
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No, I don't see Bitcoin dip to $40K - $30K range before any price rally, currently price might pump a little before dropping to $50k. Then I can anticipate a pump though we can't really predict for now, we just accumulate more and allow the market do it thing. But price will not dip to that range OP.
Lowest we got is $57,000 if I'm not mistaken. Now the market has bounce back to $63,000-$64,000, and with that, I think that we might be on for something big with this kind of movement specially right after the halving. But for me, sometimes it's good to see that even in a bull run, price will have to go down and then as traders, it's up to us whether we get nervous push the panic button or decided to be a diamond hand, just continue to buy and accumulate and HODL, it's our choice. Really hard to tell whether that $57k is already the bottom before we would really be shooting up on price on which we know that it is really that hard to predict as always on what price would really be at the bottom or not. MArket sentiments and history would really be something that would really be checked every now and then on which we would really be tending to make out some comparison on which its a common approach that we do have.People who had been saying about those 30-40k ranges are the ones who had been hopeful that they would be able to enter with those dips or price entry. Those arent that just an empty guess but rather its been an analysis that they had been able to drawn out when using up those technicals but of course we do know that TA's arent that precise. For those who had been that anticipating that there would be drop then they could really be that right or wrong. We are all speculators on this market after all. Whether we would be having that bearish or bullish approach then there's no one could be able to hit up the right spot. |
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Since bitcoin promotes mostly anti-government, banks, etc.
I am wondering; Do you trust bitcoin holders?
I think the word "anti-government" is not an appropriate to use here, I mean I dont think that bitcoin is build in order to oppose government banks or what itd just that we could clearly see that crypto currency or bitcoin rather is a strong currency and a good innovation that could "possibly" replaced traditional banks, yes there's a lot of bitcoin holders or bitcoin enthusiast want traditional banks to be replaced right away but in reality it is a big changes, it is big that if not planned carefully the banking system or financial system of the world could be in chaos, for me I dont want banks to be abolished I just want that bitcoin can be recognized world wide and be used world wide like how can we used traditional currencies, so yeah I do trust bitcoin holders because why not? I'm one of them, but of course not all of them, as I don't know them personally. Although Bitcoin was not created against the government or the banks, the banks may think it is their competitor. But I think that as technology improves, people's financial system will also change. People will use whatever is most convenient for them. Bitcoin has given financial freedom to people due to which it is at the peak of popularity worldwide. Governments are not able to impose any tax on the use of Bitcoin for the sole reason that they oppose Bitcoin. Bitcoin is ahead in popularity even without government support which will force governments to use and approve Bitcoin. If we do tend to read up Bitcoin WP then the main thing that you would be coming up into your mind that it do really goes that opposite on what Bank is offering or to those other 3rd parties when it comes to money transfers on which this really that disrupt the line on which it would really be that a common impression that it will really be that something that could be able to intervene specially on what government do really likes. As for the question about trust about Bitcoin holders then there's nothing we can do on what are the things that they do have in mind. For sure we arent that going against government but rather we are really that giving out that kind of importance when it comes to freedom on which this is something that we should really be having in our minds considering that privacy and anonymity is something that taken from us yet they do really know everything in regarding on what are the things that you've been dealing or doing on. |
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If a person has a gambling addiction, no advice will help him except one single advice - to give up gambling completely. Gambling addiction is a stage when a gambler can no longer control his actions during a gambling session. He can not end the gambling session until he loses all the money. If you can end a gambling session at any time, it means that you do not have a gambling addiction, and therefore you have nothing to worry about.
Giving advice to an addict will not be heard unless he goes to a psychologist to ask for help in order to stop because a gambler who is already addicted will not be satisfied before the money runs out and after he spends it he will get severe stress pressure because he loses, so this addiction will be difficult to stop. I feel that what is experienced now when in a gambling session can still stop at any time that does not make us addicted and even can still control the bankroll well means we are fine. Actually you wont really be needing any psychologist or any professional help if you are really that willing to quit up gambling on which anything would really be starting or would really be just that depending on you whether you would really be quitting or stopping it for good or not. Somehow, there are really indeed people who cant really be able to have such realization and control and this is why they would really be ending up on having that kind of professional help and something that do talks about having that kind of counseling or whatsoever. This is why it would really be that always important that you should really be knowing on how to make that kind of control when it comes on doing gambling. On the time that you do lose then you should really know on what are the steps that you would really be making on which having that kind of break or complete stop on the time that you are suffering that consecutive loses and dont let gambling would really be the reason for you to experience the worst. |
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We must be careful about money, if you are careful about money then there is no problem if people call you stingy because some people's job is to say bad things about others.
While you’re minimizing your spending, know that you can’t become rich just by saving money. Or maybe you can but not for wealth. And temporary riches isn’t what you want, so you need a better plan that is bigger than minimizing one’s spending. Agreed. Saving will not make you rich because of inflation. We live in an era where understanding the concept of leverage is very easy, easy to obtain and easy to learn. So to create wealth and financial freedom is not as difficult as many people believe. Building wealth and remaining financially stable indefinitely is much easier with the right information. Participate in investments as this is the only right approach to earn high income and remain prosperous indefinitely. You just need to adjust your expenses according to your income. In essence, frugal does not mean stingy. My aunt was very frugal but invested in land. Now that he is gone, we, his children, are happily reaping the fruits of his labor. That's the generational wealth we gain, to ensure your children and your future children and grandchildren have a good starting point. So take care of your money and learn to invest, especially in bitcoin. Hard to prioritize savings since we could be defeated by inflation with that and there's nothing will happen to our money if we just decide it especially on banks since they are the one who will earn a lot of money from our savings while us they just give small compensation which is not totally reasonable amount. Much better if we use our money to invest on multiple options since for that we could able to get a lot of income streams then the only one we need to separate is the emergency funds and educational plans for our child so that we can live a comfortable life in future. Your aunt is so smart for determining what's best for his money and he really see the result which his child is benefiting from his investments made. Inflation stinks. Nobody likes seeing their money slowly disappear. Banks aren't the enemy. They contribute. Savings won't make you rich, but it's a safety net. Consider that low interest rates cost peace of mind. You must stretch your wings to grow. Consider cryptos, bitcoin, and high-yield savings accounts to stay up with inflation Who doesn't want their money to work for them? But there's risk. Crypto and stock markets rise and fall. It's wild. So, two things: First, that emergency fund? Vital. Second, everyone's situation varies. You comfortable with how much risk? Your big goals? The investing plan must match you Really that impossible that you cant really be able to realize those things that saving up your money on banks cant really make you rich and instead of being stagnant then you would really be possibly be thinking that making use of those funds on putting it up on something more better when it comes to earning money or profits and this is why people would really be having that consideration on making some step forward on making some investment instead on putting up too much on savings which it isnt a bad option but of course it would really be still ideal that you should set aside on having some fiat to be stored in the bank for emergency purposes. As for inflation then this is something that would really be inevitable and this is why it would be that a wise thing for you to have such move on trying out to make investment or having that other income source. Dont wait up for yourself to be on a struggling condition before you would really be making out such step because the earlier the better on where establishing yourself wont really be that a short time period. So starting it out as early as possible. |
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