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Frustration of always losing in games is one of the reasons why someone cannot control their emotions when gambling, they hope to get more returns by placing a larger bet amount when they have experienced consecutive losses. This is often experienced by people who are no longer confident when playing gambling, they cannot play casually and are too hasty to chase victory with the wrong strategy and end up bankrupt.
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Under 18 years of age are still considered unstable, they are not very interested in gambling, on average they still rely on pocket money from their parents and do not think about being able to earn money even from gambling. Young people certainly spend more time playing, one of which is choosing online games that they can play together with their friends. The existence of 18+ regulations on gambling sites is of course very appropriate to be implemented by the law and the gambling site itself, because the maturity of thinking of adults is on average over 18 years and above.
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~Snip
Downwards movement? If there's a piece of negative news maybe. I mean the US stock market is kind of bullish right now, and the S&P500 just had its new ATH, and both are correlated with each other. TBH, I don't see any reason for Bitcoin to go down below $50,000 at least for the next 2-3 weeks.  That may be true, but in the last hour the price of bitcoin has tested the $50k support although now the price is back above $51k. Positive sentiment will not be maintained forever, so even though we are optimistic about waiting for bigger movements, the trend can change quickly. Those were just a short drop caused by people who sold at the highest price since the last ATH and also caused by the traders activities. Nevertheless, I am quite optimistic that there will be no more sharp corrections until early next year. We all know how much hype the bitcoin halving can bring into the market. As we are getting closer to the next halving, we've seen nothing but a gradual progress in bitcoin's price. Now, it would be more interesting what's gonna happen in the post halving, as we all know, post halving can create a new ATH just like the past couple of halvings. It is very likely that there will be a new Ath after the post-halving occurs, and this could be a new history of the revival of Bitcoin prices experiencing quite a sharp increase again. After that the price movement is considered stable after a sharp increase in the next few months, futures trading activity will increase due to the enthusiasm of people who are tempted to make profits by taking advantage of the existing situation. |
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If you catch more research you will lose the best time when you will be in trouble and you will not be able to catch the dip price even if you want to. So fill your bag with eth and btc before bullish market comes You know these two tokens always give the best profit so there is no need to buy other tokens with risk. We can invest in different tokens so everyone's preferences will be different so you should research which tokens will give you the best profit opportunities.
Starting to invest in crypto, especially Bitcoin and Ethereum, requires actions or practices that must be done before the halving occurs, don't just be a spectator and regret it when the price has gone up. If you currently have sufficient capital to start investing, it's best to do it now, make sure Bitcoin and Ethereum investments can provide large profits in the future by making them long-term investments or trading futures when the profits generated meet the desired achievements |
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From my little activeness over here in the forum and my involvement in gambling I have been seeing some changes in me and it's gradually beginning not to please me anymore I don't know If I will say I am becoming too emotional with my funds but sometimes it's very painful to place a bet for about 2 to 5 consecutive times no winning and this is what is beginning to me make feels sad. I know is a game of luck but sometimes whatever we do and not feels happy we should try to quit it.
When experiencing a losing streak, every gambler definitely feels very disappointed. This is where we have to be able to control ourselves and respond wisely by thinking that maybe luck has not yet come our way. If we decide to continue playing, it is very likely that our focus in gambling is only to get back the initial capital spent, then the negative impact of the games we play will become increasingly uncontrollable. |
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So just Hold bitcoin for long time.
Holding Bitcoin for a long time must of course be able to decide to sell when you get multiple profits, in other words, Bitcoin will not always continue to be held for the long term, even though Bitcoin is predicted to become increasingly expensive in the future, but the age of someone who holds Bitcoin Of course it won't last forever, someone also wants to be able to enjoy the results. Whenever we feel that we have made a profit, it would be better to be able to enjoy the results, unless the Bitcoin assets we own are used as an inheritance so that future children can enjoy them. |
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Army teaches patience, discipline and giving life for the country. I don't understand how an army man can become addicted to gambling. Anyway to my knowledge I have never seen anyone get rich from gambling. Gambling is an addiction. When he is repeatedly losing gambling, he should have quit gambling. If the person I am referring to had not gambled in online casinos and invested this amount of money in bitcoins, he would have made a substantial half profit today, even after paying off his debts.
You are correct. If he was not a gambler and had invested in bitcoin, he could have easily paid off the debt and made a good financial profit. Unfortunately, as Op said, he didn't invest in Bitcoin, even if he invested in Bitcoin, it's likely he wouldn't have that much debt because his debt came from gambling. Gambling without control does have a bad impact even though it is used for entertainment, but if it continues to be done repeatedly it will make the economy even worse. Everyone can certainly assess the benefits of investing compared to gambling. Gambling will be comfortable when players can limit themselves and are aimed at seeking entertainment rather than gaining multiple profits from it |
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Investing in Altcoins had been what so many invested have been looking at these period. Believing that bitcoin's bull run will surely influence the price of the altcoins and hive them massive gains. Literally if bitcoin rises altcoins follow suit but this is the only reason i see that makes potential investors to invest in Bitcoin. There is no other interest as they feel its unsafe to store value or wealth, cant be used for p2p transactions and it cant be trusted to hodl for long. If you think there is any other reasons that makes investors put their money in altcoins feel free to share. I would love to know.
I don't know about others but I only invest in altcoins that has a potential future. If the tech behind the coin is good only then I move forward to "invest" in it. These investments are long term and apart from that there are few short term trades that I take to make quick profits. So you are partially correct but for long term I go for coins only after looking at it's developments. Short-term trading on Altcoins which can provide profits but has high risks is of course done by many people because they follow the hype about certain types of coins. Although there are also those that can be used as short-term trading, but the profits are only small. As you said, potential Altcoins are more suitable as long-term investments to minimize risk and of course you can get bigger profits later. |
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My Bitcoin Investment I thanks God I am back to continue the knowledge of bitcoin and it Blockchain, within this period which I was absent from the forum, I have learn more and I have also taught many people and some of them also invested in bitcoin some times I used some of the good quality posts for reference, I have not stopped my learning. And today I am a good investor. So far so good I have invested 0.05494075 BTC. Careful preparation for planning your investment in Bitcoin is the right decision, strong determination and having the belief that Bitcoin can become more valuable in the future. You can feel the benefits when the bull run occurs, even now it is possible that you already have a lot of profit from it. This will be an inspiration for many people, if you are confident investing money in Bitcoin can provide many times the profits in the future |
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That's why having these two option is really the best so that we can be so sure that we are totally fine and there's nothing to worry about especially when we need something. Some other people may say that emergency cases is rare situation but we should prepare to any possibilities that it will came.
Having funds for emergency needs should be everyone's priority, even if it rarely happens, at least have preparations to deal with such situations. Choosing savings and investments is of course very profitable if the finances we have are sufficient to cover everything, the most important thing is that meeting basic needs must be prioritized, the rest can be saved and invested even if the nominal value is not too large. The most important thing is to consistently set aside every month. |
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My question is do you think gambling every day is better? From his reasoning and points of narrations.
Gambling every day certainly does not promise to always win, more precisely, those who do it every day can improve their gambling skills and winning depends on their luck. if he can play with emotional control and can limit it, he will be able to minimize losses, again it depends on luck and how he responds to the game. |
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Made mistakes with your Bitcoin in the past...that you still regret or at least considered to be a wrong move especially considering the price of BTC these days?
Selling Bitcoin for urgent needs in the past, I think was the right decision if it was used for something useful. although in the end there was regret when he saw the price of Bitcoin soaring high. But that's where it's important to be able to manage your finances so you can separate funds for urgent needs and invest them in long-term investments in Bitcoin. The decisions I made in the past were not a mistake but a study to correct myself if Bitcoin is indeed very valuable as a long-term investment. |
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In years past before the casino and other online gambling bet platforms was discovered and brought to our knowledge, I and some family relatives used to play the card games but on the sequence some of us were becoming unserious in the game that it wasn't competitive so, we decided to have stakes with little amount of cents of $ which we could afford to loose just to buckle and cheers everyone up.
Time goes where we increases the stakes to make us more serious to the extend we began to bet about $1 which we can afford to loose at other expenditures but it seems unbearable loosing it on the caused of betting.
On a serious note, we saw this as a mere bet of competitions and not as gambling. As we advances, we saw it as a domestic gambling and not as the wild gambling that could cause one emotional outbreaks.
Time goes that it becomes unusual that we began to feel offenced and rebelled that we as relatives(1 family) are extorting from each other without empathy for one another and then, we unconciously grew wild developing in sentiments, greeds and taking it as an avenue to make profits.
Alongside, it was more of serious business than the just fun.
Then the casino and other online bet platforms was introduced in time. This was how I was exposed and my begining of gambling life!
I think it's too bad that the whole family has been adversely affected by gambling. At the same time, it seems to me that if everyone decides to end gambling together, then it should be easier than fighting addiction alone. After all, everyone can keep an eye on each other and morally support each other. And the strongest in spirit will set a great example to all others. I am sure that this way it will be possible to improve the common affairs of the whole family. A family that is addicted to gambling will clearly be judged negatively by other people, what's more, the addiction they experience will have increasingly negative impacts, the family itself will no longer respect each other, oppress each other and resort to blackmail. Of course this is very unfortunate, the impact is that one family will always be underestimated by other people because they have bad behavior from the activities they carry out |
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1 Buy Altcoins from Dip
2 Selling altcoins, to buy more cheap during halving
3 Doing DCA Only
4 just watching the market like me
in normal circumstances everyone like to purchase both altcoin and Bitcoin when the price is extremely low on the targeting when the price will increase so that they will make a sufficient profit during the time the price increases so as a cryptocurrency investor what you have to do is to monitor the market and they know when the market is increasing and then when the market is also falling all decreasing in value so now to give you an opportunity for you to make a profit nobody purchase a bitcoin or purchase any coin during the time the price is high but a beginners in cryptocurrency always been attracted when the market is high it is when they find it worthy to invest in bitcoin. For beginners or newcomers, they don't really research market prices before the increase, the most important thing is that they can invest now. In fact, they attended because they were tempted to see the fantastic prices and didn't want to miss out on the opportunity. Sometimes the decision they make to make a purchase now can be the right decision and can trigger market prices to soar even more |
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Over time, I've heard discussions about inflation and the rising cost of goods and services across almost every sector on the world economy.
However, suggestions have been made in various ways on how best to tackle the menace called Inflation. Recently I have personally thought that one of the ways to fight inflation in an economy is to increase minimum wage. More so there has been a back and forth argument on these, as some persons argue that the increase in minimum wage will rise the bar on commodities, because they feel hence you increase the purchasing powers, it will have a multiplier effect on the economy which might be challenging.
So guys, is increase in minimum wage not a good measure to fight inflation. Let's have your opinion.
I think increasing employee salaries or wages is only useful for helping citizens fight the effects of inflation. And balancing employee needs so that they remain met even in inflationary conditions. Meanwhile, regarding inflation itself, actually increasing employee wages will have no impact at all if it is to overcome inflation itself. Because fighting inflation only has to be done by withdrawing excess money in circulation or increasing the level of productivity of goods needed so that they can still meet everything that consumers need. Because usually inflation is also triggered by the scarcity of a good or commodity. Such as the food crisis and the scarcity of petroleum. So increasing the minimum wage for employees only helps employees survive inflationary conditions but cannot overcome inflation itself. Yes, to be more precise, increasing wages is able to mitigate the impact of inflation itself so that the economy can turn around at the social level. As you said, the impact of inflation can occur due to the scarcity of a good or commodity. This cannot be said to fight inflation but rather help alleviate the impact that occurs. |
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Questions like this has popped out in several occasions and arguments concerning Bitcoin investment. My friends will say you must lose before you gain or rather have more experience investing in Bitcoin. If its how it work, Bitcoin isn't for a low income earner as well as not gonna make you rich when you can't invest something tangible to it. On the other hand people are been made big and wealthy in same program. What does it in tell, cos am quite sure people had already known what's going to happen in the market in the nearest future to give them the strong mindset to invest porously. My biggest fear is losing my hard earn to something as volatile, vulnerable and uncertain as btc. What's the possibility you invest without losing. Is it guaranteed in this kinda market?
Experience will certainly be a very valuable lesson, being able to gain profits from Bitcoin investments is actually quite easy if we look at the price increase from previous years to the present. If someone believes in investing in Bitcoin for the long term, they can certainly avoid the losses they will experience. Unless Bitcoin is used for futures trading or focuses on daily trading, it is possible that someone will definitely face the risk of loss. |
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This market is not a reason to despair but rather gives you an opportunity to mix and match the best altcoins to buy and hold. Everyone wants to catch such a market before the bull market comes. You cannot mix the price of altcoins with the price of bitcoin. It's smart to buy altcoins before the bull market hits and may soon go to the moon. Many of the best altcoins you've seen are priced low and you'll never find a bigger opportunity.
One more thing to remember is that if we make trends our friends, it's not easy. Many traders cannot survive and fail in their trading mostly they make mistakes in identifying trends. Trends are very important for every trader. By studying and practicing slowly we will understand which trends are running now. Volatility is also the reason why we make mistakes in determining trends. There are two types of trends that we should study, and it would be helpful if we could differentiate them. The first is the major trend, it can identify in the daily time range and minor trends which usually occur on daily tf such as 1 hour 4 hours. When we can identify the majors and minors I am confident we will survive. Many fail to trade based on trends because they just follow along and don't want to research deeper into the coins they are going to trade. Even though they hope to make big profits, there is always a role that can get them into trouble if they are not careful in choosing which coin is the right one and can last longer for trading, both in the short and long term. |
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Most of the younger generation is more interested in the current digital era, they would prefer to be able to grow the money they have by investing, whether choosing deposits in banking or investing in crypto. The younger generation's interest in the agricultural sector is of course very rare. This must of course be taken into account so that the next generation is not interrupted from being interested in investing in the agricultural sector by collaborating with traditional and modern methods. For example, they invest in crypto, the profits are extended to the agricultural sector
Previously, they also had to be able to form a community so they could work together
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If insurance is considered important it is important but if insurance is not considered important then it is nothing and there is no need for insurance. Insurance is not as safe as banks. If one has a lot to think about in one's life and if one has a lot of plans for the future then a deposit account can be made in a good quality bank which can be withdrawn by a user only when required.
Earlier in our country to be a biker I had to have bike insurance but now the government has done away with bike insurance that means now a biker doesn't need to have insurance to ride a bike. I consider the insurance companies in our country as unnecessary companies, they cheat people more but are of no use in people's danger.
There are some insurance companies that act fraudulently but not all of them are like that and basically insurance is important to guarantee our future but everyone has a different view because there are also some people who are more confident in themselves in managing their finances for the future they face without needing to use insurance. And personally, I don't really like insurance of any kind, be it health, education or anything else, and I think it's better to prepare for all the unexpected things by preparing it yourself. For the lower middle class, they certainly don't attach importance to insurance, even though they realize that insurance is important for the future, but the monthly costs that must be paid are an obstacle for most middle class people. Apart from that, when it is really needed, there are several types of insurance which are quite difficult and make the middle class feel discouraged from participating in the related insurance program. For business people or entrepreneurs, insurance is of course a must so that their assets can be protected. For the lower middle class, of course there are still many who object to the costs involved. |
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Sometimes buying memecoin can give you great hope and also provide pleasure in fantasizing about getting big profits quickly. And these dreams sometimes come true.
Well, the point is that memecoins are bought only for speculation and not for serious investment. that's why we only buy with small capital. Because the risk is too big. Or I also prefer to just test my luck in that matter.
Trying your luck buying meme coins is worth a try if you have a strong sense of curiosity, but it is not recommended for long-term investment, especially with newly launched coins. After making a purchase, don't be careless and always monitor price movements because most meme coins can easily lose their value in an instant |
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