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21  Economy / Economics / Re: Why we should prioritize investment over saving on: February 13, 2024, 07:22:16 PM
If we want to earn income many times over, of course investment is our choice. If they are already playing in the business world, they don't have any assets to save in the form of savings. On average, they invest in fields that can provide greater profits, so we Everyone must be clever in seeking profits, even though the risk of investing is greater than saving, the results we get from investing are sometimes beyond our predictions.
If someone is in business, they definitely have savings, but 70 or 80 percent of it is diverted to business. It is much better for the money we have to invest than to save. It is better to grow or develop our money than just in the bank.

In my opinion, investment is the same as doing business, even though investment and business both have very big risks and if they are successful then the profits are extraordinary, usually someone has to be patient in managing these two things if they want to be successful. in the future.



That's what other people find it hard to understand. Investing your money is a much more profitable approach than simply saving it. Money should be utilized to generate more money, rather than simply being stored away for years without any growth. Failing to make use of your money means you're missing out on potential earnings.
22  Economy / Gambling discussion / Re: Gambling Management on: February 13, 2024, 07:00:04 PM
I remember reading the same strategy in the past. The profits he earned will be used for gambling purposes. The initial capital will be put into safety by withdrawing it. If he wants to continue playing, he should only use the money left in his wallet. This way, he won't consider it a loss. But I think, a better strategy would be to increase the amount in the wallet first and then withdraw some profits along with the initial capital. This way, you can earn some money before putting your money into safety and continuing gambling.

I'm sure I've done that, but because I'm human, there will definitely be temptation, especially when it comes to gambling, what we have planned may not go smoothly. If we leave profit funds and capital funds still stored in the gambling wallet, there will be a possibility of using all the funds to place bets because we are tempted. I'm sure of it.
I understand that sometimes I am also unable to resist the temptation to continue gambling, causing me to disregard my initial strategy as I focus more on playing. To prevent this from happening, if I notice that I have reached this stage, I try to calm myself down and take a short break by engaging in other activities.
23  Economy / Gambling discussion / Re: Gambling Management on: February 12, 2024, 07:14:27 PM
I often run out of funds due to gambling that is too blind in terms of placing $$ on every bet I make and ends up losing. I do multi-bets and single-bets, every time I win, sometimes I forget myself and use all my $$ on the next bet. This sometimes gives me big wins, but if I'm unlucky I can lose all my funds and this has happened many times.

I started to realize and change my habits. Now I use $$ from the profits from the previous bet to place the next bet and save my initial capital.

What do you think, is this good and can help me overcome losses that will occur so that $$ remains safe and can be used in future betting? Are there other unique ways that you can use to grow your money in gambling? feel free to comment. Thanks
I remember reading the same strategy in the past. The profits he earned will be used for gambling purposes. The initial capital will be put into safety by withdrawing it. If he wants to continue playing, he should only use the money left in his wallet. This way, he won't consider it a loss. But I think, a better strategy would be to increase the amount in the wallet first and then withdraw some profits along with the initial capital. This way, you can earn some money before putting your money into safety and continuing gambling.
24  Economy / Gambling discussion / Re: Where Do You Want To Go To If You Win $2 million On Lottery on: February 12, 2024, 06:56:07 PM
I would choose to go to another country. I see this as an opportunity to alter my present way of living and potentially relocate my family to another country to start a new life. I do not anticipate any positive changes by remaining in our current country with the amount of resources available. It would be a waste if used in a place where I don't perceive a future.
25  Economy / Gambling discussion / Re: Changing initial option and losing the bet on: February 12, 2024, 06:36:15 PM
As a gambler and I do participate on physical gambling, at times this scenario often happens to me. After doing my analysis, checked statistics on games, I have selected option I want to play but when I get to gambling center I will have a thought of changing option or adding  a game  to the initial option I selected and this most time will cost losing the bet.


These acts has cost me from losing bet many times, as a gambler share your thoughts on this and have you been in a similar situation.
I sometimes face the same issue. That's why I stick to my initial strategy to avoid losses. It's important to control yourself and avoid adding any games to your betting plan as soon as you arrive. Doing so will greatly alter your strategy and increase the risk of losing your money.
26  Economy / Gambling discussion / Re: How my gambling life started. on: February 11, 2024, 11:58:10 AM
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!
This is the main reason why gambling among your family and relatives should only be done occasionally. Instead of having fun while you play together, in the long run, the intention was unknowingly changed and more focused on winning money from another relative.
27  Economy / Gambling discussion / Re: Does even freezing a customer's account curb irresponsible gambling? on: February 11, 2024, 11:36:12 AM
If suddenly you went on a binge-gambling out of a lack of self-control or something else. For example, you deposit money in rapid succession after a series of losses and the casino management freezes your account. And when you call their customer support, they tell you that your account has been frozen for 3 weeks and the reason why they carried out that measure was because they suspected that you were gambling irresponsibly and decided to take that measure so that you can call yourself back to order, will you feel furious, cuss out, sign out of your account and register on another casino and continue betting. Does even freezing a customer's account curb irresponsible gambling or betting addiction?
Instead of  questioning this action from the casino site better to be thankful because this is a kind of casino that must be in this place as Online gambling nowadays are becoming more addicted and this measures is something that people must be thankful.

but at least the site will return all your remaining funds and not to be taken from you because if does then this is scam lol.

It's a business, they have to be professional in dealing with their gamblers, they can't just freeze an account because they felt a certain gambler is already addicted, that's not their job, their job is just to accept bets and pay real time, also, they need to ensure that the system is fair so they could keep their clean reputation. Gambling sites nowadays are 90% operated by a system, it doesn't feel anything, it might read the behavior of bets, wins, and losses, but that's it. Going into the personal feelings or life of a gambler is out of the book already.
It is also not a correct way to treat their customers. Another important question is how casinos can differentiate between regular gamblers and those who are already addicted. Some people are able to include gambling in their daily routine without becoming addicted, while others may exhibit signs of addiction even if they are not playing frequently. It's crucial for casinos to have effective measures in place to identify and help those who may be struggling with gambling addiction.
28  Economy / Gambling discussion / Re: If I bet big I lose, but if I bet small I win on: February 11, 2024, 11:08:46 AM
You are just thinking too much. If you feel that the casino has betting patterns such as this, you might try to find another casino or try a different strategy. This makes me remember one video I watched where his strategy is every time he loses his bet starting from the lowest bet, he doubles on the next game until he wins, if he wins, he will drop his bet up to the lowest and repeat the process. I don't know if other gamblers here also do this strategy, but when I tried it, it was effective for me.

I also think that he's overthinking it. We either assume the system is fair, or we claim that it's rigged. If it's fair, there cannot be an additional script monitoring you that decides that if you bet $10 it's fine and we'll let you win, but $100 is not fine and this we have to stop.
These casinos have enough money to let you win 100k if you bet enough to do so. It's nothing to them and I'm sure OP is still betting small when he thinks it's big. Just tell me what do you think betting big is? Is betting $100 big? I bet most of you who think they bet big still bet below $100.
Absolutely not, $100 is not a large amount for betting. Many other players bet thousands of dollars or more without having the same concerns as OP mentioned. It all depends on the strategy we use to win our games. If he thinks he can win more by placing small bets, he can certainly use that strategy.
29  Economy / Gambling discussion / Re: If I bet big I lose, but if I bet small I win on: February 09, 2024, 07:59:48 PM
Guys, do you often feel like me? when I raise the bet I lose and when I lower the bet I win. Does the casino system/algorithm know the betting patterns we make? So often when we bet big we are given a loss and when our bet is small we actually win, which is very annoying

I don't know if this applies to all games or not, but I feel like this often when playing table games. What do you think?
You are just thinking too much. If you feel that the casino has betting patterns such as this, you might try to find another casino or try a different strategy. This makes me remember one video I watched where his strategy is every time he loses his bet starting from the lowest bet, he doubles on the next game until he wins, if he wins, he will drop his bet up to the lowest and repeat the process. I don't know if other gamblers here also do this strategy, but when I tried it, it was effective for me.
30  Bitcoin / Bitcoin Discussion / Re: Must you lose before you gain in Bitcoin investment? on: February 09, 2024, 07:40:47 PM
It's not easy as it is. If you are not well-versed in Bitcoin, the thought of holding on to your investment may not be the first thing that comes to mind. As a novice with little knowledge of the subject, it is common to feel afraid of losing your investment.
Fear of losing an investment or fear of losing the amount of investment value due to a decrease in the price of the invested asset is a very natural thing for a beginner. But for those of you who are no longer beginners in terms of your knowledge of Bitcoin, you can also direct those beginners who have started to like Bitcoin so that beginners can be more enthusiastic in trying to become better at investing and can have more confidence in Bitcoin. Because this can at least eliminate a little of the fear that beginners have.
Every beginner certainly feels worried when they see the market condition experiencing a decline and we have also felt the same thing when we just started investing a number of Bitcoins and it would be better for those who have just started investing a number of Bitcoins to have someone guide them to stay calm when they see the price. If it's going down, don't let them sell at a loss because they don't understand how Bitcoin works. When they have a lot of experience in investing and understand it well, of course they will be able to choose to survive this condition and will be able to take advantage of the investment they make.
Do you mean that investors should always have someone to comfort them every time the market declines? For most people, this may be an unnecessary action, as they are also busy with their lives. Instead, what investors should do is find out the reason for the sudden decline in their investment's price. Being informed can help one stay calm and know the next action they need to take.
31  Bitcoin / Bitcoin Discussion / Re: Can bitcoin be stolen? on: February 09, 2024, 07:19:44 PM
No, hackers always find a way to find their victims and hack their Bitcoin wallets. It is crucial to protect your Bitcoin assets. There are various methods to achieve this, including investing in a hardware wallet, refraining from clicking on suspicious links that are sent to you or that you see on social media, and avoiding logging into your wallet from a device that is not your personal computer.

Of course they always find a way to "hack your Bitcoin". After all, most people store their coins on centralized exchanges and/or custodial wallets. Self-custody is the way to go if you want to secure your Bitcoins against hacks and/or theft as much as possible. But be aware that you can also become a victim if you're careless enough to expose your private keys or seeds. Following the necessary security precautions is a must to prevent unauthorized access.

You should buy yourself a hardware wallet for complete peace of mind. Or if you're planning on passing down your BTC to future generations, use a paper wallet instead. Just remember there's nothing in this world that's 100% safe. As long as you don't keep your guard down, there should be nothing to worry about. Grin
Purchasing a hardware wallet is a viable option for safeguarding your cryptocurrency, but it may not be feasible for new investors who prioritize earning profits from their initial investment. This may change if they have a substantial investment and surplus funds to allocate towards a hardware wallet.
32  Bitcoin / Bitcoin Discussion / Re: Can bitcoin be stolen? on: February 07, 2024, 07:53:52 AM
So now the question is bitcoin safe from hackers?, can it be stolen?
No, hackers always find a way to find their victims and hack their Bitcoin wallets. It is crucial to protect your Bitcoin assets. There are various methods to achieve this, including investing in a hardware wallet, refraining from clicking on suspicious links that are sent to you or that you see on social media, and avoiding logging into your wallet from a device that is not your personal computer.
33  Bitcoin / Bitcoin Discussion / Re: Must you lose before you gain in Bitcoin investment? on: February 07, 2024, 07:34:33 AM
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?
Why need to lose first if you know what you are dealing and how you need to deal with it?

Yeah considering about the value, we may lose first but as long as we are not selling the coins then literally we are not losing instead we need to wait for the right time to full out.

Example buying at 20k now and then the price drops below 15k the next day , this does not mean you are a loser because the Volume of bitcoin you are holding remained .
But when you consider selling this at that value then indeed you lose, but when  you keep Holding and in the next week the price  grows to 30k then this is winning.

prevent from  not expecting too much easily instead buy and consider holding first.
It's not easy as it is. If you are not well-versed in Bitcoin, the thought of holding on to your investment may not be the first thing that comes to mind. As a novice with little knowledge of the subject, it is common to feel afraid of losing your investment.
34  Economy / Gambling discussion / Re: Gambling mistake repeated by the gamblers on: February 07, 2024, 07:08:40 AM
They may attempt to repeat their success without fully understanding the intricacies of gambling. This can lead to risky behavior and poor decision-making.
I couldn't agree more.
That's what it is going to be when one is overconfident. They think that being a winner is easy again if it's with huge amounts, they think that implication of it is just the same whenever they've gambled before and won big for the first time. They have to remember that this is gambling and it's not always what it used to be when they've firstly encountered it. The times of having bad times is more usual than having the days of being lucky.
Additionally, it is often the case that people who have experienced a sudden big win in gambling tend to believe that winning again will be easy because they have a substantial amount of capital to start with. They may think that they have plenty of money to gamble with even if they lose. Unfortunately, this mindset can lead them to disregard checking their remaining balance, causing them to lose more than they have won.
35  Economy / Gambling discussion / Re: Gambling mistake repeated by the gamblers on: February 06, 2024, 07:35:36 PM
Over Confidence:
This was the common one to the new and experienced gamblers,because the continuous winning mostly give the greedy and over confidence to the gamblers.The gamblers will go for the high betting after the continuous winning in the betting.The positive wipe was occurred with the over confidence,most of the gamblers go for the high betting after the over confidence.

The draw back of the over confidence is most of the gamblers will make loss their holding dollars in few bets.So the gamblers should avoid the over confidence after the continuous winning.
It is common for individuals who win large sums of money or those who have beginner’s luck while gambling to become overconfident. They may attempt to repeat their success without fully understanding the intricacies of gambling. This can lead to risky behavior and poor decision-making.
36  Economy / Gambling discussion / Re: Are you a generous gamblers on: February 06, 2024, 07:14:24 PM
I'm not a regular gambler or someone who spends a lot of time and money on gambling, thus I don't get to win a lot and then get to become generous with the winnings. However, I do believe that people who share their wealth or essentials with others who need them tend to gain more of it. So somehow, I believe that the reason for his winning all the time is probably because he shares half of the winnings with others and those others are the ones that need them.

God gives you more if you give to others when it's required. This is what I believe in, so even if I don't gamble a lot, I usually advise others to be generous with the money that you get from any means because when you give from one hand, your other hand will receive more than what you've given.
I also believe that way, the more you give to other people, the more blessings you receive in life. Even in activities such as gambling, where you may spend your time and money, being generous can lead to greater achievements.
37  Economy / Gambling discussion / Re: Pay off DEBT by do Gambling? think again before you loss more on: February 06, 2024, 06:48:37 PM
Most of them will feel lucky because they can win some money, but they don't realize that they can't have that luck in the next round and that they should stop gambling immediately. They need to stop immediately before they end up losing all their money and being unable to pay their debts. Especially if they decide to continue gambling after winning but instead experience a loss that costs them all their money. It will make them frustrated and regretful because they had the opportunity to stop gambling but didn't take it immediately. It was a fatal mistake, but everything had happened, and they couldn't get any more wins, and they couldn't even continue gambling because all their money had run out.
That is due to their previous winnings making them too proud to try another game and it turns out they are not lucky at that time. However, during that time, they can't easily stop as they have a goal of paying their debts. They will continue their game and end up losing all the money they have. That's why many people who gamble feel lucky when they win some money. They often fail to realize that their luck may not continue in the next round, and they should stop gambling immediately. If they continue gambling, they may end up losing all their money and being unable to pay their debts. This always happens if they keep gambling after winning, only to experience a big loss that costs them all their winnings. Such a situation is likely to leave them feeling frustrated and regretful because they had the opportunity to stop gambling but didn't take it. Sadly, once they lose all their money, they won't be able to continue gambling, even if they wish to do so. It's crucial to understand that previous winnings shouldn't make one overconfident to try another game, as it may turn out that luck is not on their side this time. Therefore, gambling to pay off debts is not advisable.it is not advisable to gamble to pay your debt.
38  Economy / Gambling discussion / Re: stop the unnecessary blame on gambling whenever you get unlucky on: February 05, 2024, 11:20:05 AM

The possibility of the rich person to make the big winning because of their back up money for the further game.The gamblers who want to make huge money should hold the money for the backup even after the loss.Many poor gamblers will lose the hope and money in the gambling site.So the poor gamblers don’t have any backup money for the further game.This was biggest drawback for the poor gamblers,even after earning good strategies with the loss.The poor gamblers won’t have money to make the continuous winning.So the gamblers who have huge money will create more money from the same gambling site.

This is not always true although having enough bankroll will help you to play longer since you have extra money to bet once losing streak hits you hard. However this is a double edge sword since the more your bankroll is the more money you can possibly lose so it’s better not to rely much on your bankroll size since casino counters it with maximum bet and maximum so it will be harder for you to recover your losses once your down since you have max bet.

Casino will just slowly kill you with their house edge especially if you are already down with huge percentage of your bankroll. It’s important to just play what you can afford to lose.
Yes. Just because rich people have more money to play with and can play for longer periods of time, it doesn't guarantee that they will win. In fact, the more they play, the more money they can lose. Winning isn't about having a lot of funds, it's more about having self-control.
39  Economy / Gambling discussion / Re: Do you think gambling every day is better? on: February 05, 2024, 10:57:23 AM
I also said that belief will never guarantee victory, but it can increase opportunities because with belief, every gambler will be able to use their abilities to the best of their ability.
In context like this, belief will play quite an important role for some of the gamblers out there, but still being able to keep yourself safe is not only about belief but also about several other factors.
No win can be guaranteed and every gambler ability is only to increase the odds.
I didn't understand what you meant when you said that a gambler can use their abilities at best. In reality, having beliefs doesn't physically or mentally enhance any abilities or change the outcome of the game. It only affects the gambler's mindset and can lead to positive or negative thinking during the game.

He may be referring to the instinct of the gambler, and how to follow the decisions and using it to predict games. Sometimes it works on my end, but not always. Listening to our instincts would be a better technique for a gambler, if he studies himself closely and knows when to utilize such ideas raised from their instinct. Although when not done the right way, the gambler would be facing negativity, and such strategies can be detrimental to the gambler, because he'd think he's not competent enough as a gambler. If his instincts can't be right. Not knowing that any gambling strategy must be done cautiously without being consistent to it, we need to know the perfect time to use the strategy. Hence, our strategies should be treated as a belief, as it can be changed constantly.
I see, that sometimes our instincts can trigger an adrenaline rush, which can lead us to do things that we would not normally consider. While this can be beneficial in certain situations, it can also be detrimental if we are unable to control our actions. It is important to recognize when our instincts are taking over and make a conscious effort to remain in control, as allowing them to dictate our actions can lead to negative consequences.
40  Economy / Gambling discussion / Re: Pay off DEBT by do Gambling? think again before you loss more on: February 05, 2024, 10:27:23 AM
It's not impossible unless you are lucky. But the risk is too high, instead of having money to pay debts, if it is suddenly lost in gambling, it will be an additional problem for you to think about, That's a fact that anyone should think of. If the money you have is supposedly used to pay your debts, whatever happens, using it in gambling should not be done.
But it will be difficult for them to get that luck. We know that luck will not always come when gambling, but that doesn't stop them from chasing wins. But if they borrow money from other people, they will only make the problem bigger where they will also have difficulty paying off their debts, especially if they experience loss and lose all their money. We should gamble using our own money rather than borrowing money to avoid even bigger problems. But if the money you have is limited, you should not think about multiplying your money by gambling because that doesn't guarantee you can make money, especially since gambling is just for fun.
That's why I stated that it's impossible. You can't always rely on luck, especially in situations like gambling. Sometimes people may feel lucky, but they don't know the result until it happens. They may end up losing all their money trying to pay their debts before they realize that they are not lucky enough to make money by gambling.
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