Gambling is worth playing if you are aiming for entertainment and nothing more but if you are aiming for profits then its a different story hence its really impossible to make stable profits on gambling and you would always end up broke on the long run. In your situation convince your friend to stop gambling immediately before its too late.
I think no one can stop you from gambling whether its friend or anyone, better self assessment is the best way to quit gambling and if someone is addicted so badly then obviously its not worth to gamble for him or her. My friends are there in real life where some actually bet for profit while some are having fun, they call me we watch sports and have part if he wins  |
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Another tip: What you lost is lost. Don't ever try to recover the money. Because you'll end up losing more every time. EVERY TIME!
Good tip but hard to follow! Its easier to say when we were at normal condition. But when we faced lose while gambling we will to forget it! We tend to chase our lose as soon as possible and we regret at the end! That is tilt and is an incredible difficult emotion to overcome what I do when I’m in that state is to leave the casino immediately since you are bound to take some really bad decisions under that state. yeah the normal reaction if we lose quite a pretty amount is we try to play more in aim of winning what we lost back. it's really very difficult when you're already in that situation compared to when we're just discussing it here. you'll play until you don't have anything to wager anymore. i think newbie gamblers are more prone to this than experienced ones Tilt happens to everyone no matter how experienced you are, in fact I have seen on TV professional poker players in complete tilt after a bad loss and they end up trying to get back the money that they lost in the next hands, I think it’s not difficult to imagine that they lost even more money afterwards. You are right, no matter how rich we are and how poor we are loosing makes us upset and sometime it makes us frustrated and hence enabling us to do activities which we won't do with a healthy mind, like I remember a gambler was there on bitdice he lost around 4 btc with his 66% win chance strategy and once broke he was so angry that he deposited 9 btc and gambled them away too ! IN A SINGLE BET I REMEMBER OR TWO |
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It's because gambling is like drugs, you always want more on gambling even you are win or lose. The feel when you have a bet and the sweat and your heartbeat makes gambling become fun.
Really? gambling is not like drugs but you are having fun playing gambling , gambling is hobby and like sports that your mind really think and then follow your instinct but im not sure that you are going to win straight evendo your going to hard playing. but gambling for me is really but and really addicted. You are right, people are taking gambling addiction too seriously, though yes if you loosing too much then you should but that been said gambling is a hobby like you watch movies and spend money on various other hobbies, cannot be called brutal or killing or can be compared to smoking or drinking, since gambling does not affect us physically. |
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I guess why people choose sports betting over any type of gambling is because they can research who has the advantage or who is better. Resulting into almost predicting the outcome of the game/fight.
Yeah that is why people bet on sport games because you can pick the better team which gives you a higher chance of winning. What people then do is putting allot of money on the better team so that they will still make quite a profit. Well and some predictors and pandits are out there who give good predictions while with dice you can not find any such predictors. The best part with sports betting is that it gives fun too, I mean we get engaged in the sports like tennis, cricket, soccer and sometimes feel like we are playing  |
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holding bitcoin for long term is only possible if you are having enough income for your holding period.
Because I do see many people are spending their bitcoin savings when they face any need of extra money. This is due to they are not having strong resolution for saving bitcoin for long periods. They are deviating from the plan of becoming rich as they are spending bitcoin time to time.
Yes, earning bitcoin is harder and saving is much harder but the real challenging thing must be holding it for long periods without spending anything. Because, if you start spend in small amount from our bitcoin saving, we might end up with no bitcoin saving after certain point of time. Then the dream of getting rich with bitcoin may go dream for ever. |
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almost every gambler finishing up their gambling only if they have no more money to gamble. If this is true then how we could become rich from gambling. In my experience, I have made some profits in gambling but with those profits I gamble again and I lost all the profits and my initial bankroll too.
Yes, most of the gamblers are repeating the same what you had done. Out of greedy no gambler will stop after some profits. They simply want to have more profits by investing again their profits so that they will become rich in quick time. Unfortunately they are becoming poor in more quicker time. Becoming rich from gambling is Sun rising appears on west. |
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I'd never seen any project in bitcoin that can be considered as a passive income. If there is a legit one? then just let me know I want to join.  and I agree that we have to work to make money sometimes in a hard way. Except few gambling site offering opportunities to invest with them, most of the passive income generating options are not legit, they make scam you at any time. One of the best passive income generating method must be lending out your bitcoins. It also has many risks but you can go for lending with the proper collateral so that you will not be under risk even though a borrower scam you. |
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Why selling everything i dont think that would be very great for the people who having bitcoins because why selling all of them if it dont need to spent all of it. Never sell everything just invest everything.
of course that wouldnt be a really good thing to do right now in my opinion, i would definitely not do that in order not to sell bitcoins I do not think that you should sell everything at once because you should still save some Bitcoin for the future when the price is going to rise. If you sell everything and the price is rising again you have no Bitcoin to sell at that point. Yes, selling all the bitcoin at one price will get us out of bitcoin opportunities on a single day itself. To have better benefits throughout out rest of our life, we must be holding some bitcoin all the time. If you are a trader you may sell all your bitcoin at once and you may buy again when you find better prices to buy. Still, you will be having risks to miss better up surge movement or you may not get better prices to buy again. |
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Bitcoin can effect your life financially because you can make more money with and because of Bitcoin I have been able to save and make more money.
Not sure what I would have done if Bitcoin did not existed.
That must be one of the positive impact we can get from the invention of bitcoin system. I also would have been suffered a without any savings if bitcoin was not introduced in my life. I feel I'm so lucky to have bitcoin for my bright future. I am planning up many things for my retirement life based on bitcoin savings, bitcoin has already affected in my life a lot but most of them in positive way only. |
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The way the fluctuation goes, I think it will reach the 700 mark again, then 800, drop and scoots to a 1000. Hope my crystal ball is right.
thats right i think fluctuations in the price of bitcoin will always be there until whenever. and perhaps a few more weeks bitcoin price fluctuations will bring back to the price of $ 1000 or maybe more than that, and may also be under it, the important thing is that users can be patient, because the fluctuation will always occur Yes, the fluctuating prices of bitcoin is an attracting factor to many investors. This attraction may bring more investors into bitcoin buying, and we can expect $1000 before the end of this year itself. The future of bitcoin mainly depends on two factors : how much price appreciation bitcoin will get in near future and how many people are going to adopt bitcoin for their life's need. The two factors you have mentioned, are interlinked. When adoption rate of bitcoin is increasing more investors will come into bitcoin buying. Yes, the future of bitcoin is highly dependent on these, moreover I am very much sure this is will be keeping on happening very rapidly in upcoming days so that bitcoin will be reaching some unbelievable and unimaginable price levels like $5,000 or even $10,000 also. |
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No I am not and I dont even see myself being rich with that kind of industry. The losing side have a higher percentage than winning so it will be more likely to be broke than to be rich. I have also this thinking that gambling is just for rich people.
i am hoping so to become rich from gambling but not yet, i have seen so many people who really rich from gambling in which some people have stopped playing gambling any more while some still play gambling. The ones who stopped either have destroyed everything and are now begging or they have realized at the right time that gambling will just ruin their life. While the ones who are still gambling are waiting for the bad luck to hit them, I wish them best of luck for becoming poor if that's whats their wish is. |
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yep gambling and trading has only a string difference, So we can say bot are same. In gambling only luck brings you profit, In trading Knowledge plays a significant role to make profit.
If trading is based on knowledge then every brainy person would have earned millions from trading and all other would have followed their strategy to trade, and finally there will be no losers. I don't think such scenario is possible in trading.
If gambling is based on knowledge and skills, then the same condition above would apply to gambling too. So to profit from both trading and gambling we need knowledge, Skill and luck, Which is in different proportion for each.
But even sometimes knowledge gives you loss because they make the use of that. I mean a particular developer suppose gives awesome coins and we believe him then he can ruin us too someday. While with gambling you are dependent on luck so don't have to worry about other people and their intentions. |
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Everyday my friend gambles with his money as same with his life and he always gambling throwing away his money for nothing but losing and the worth part of it is he owes me money  if there is anybody who is gambling this way, then it is obviously a waste of time and a lot more harmful than you may think because this way of gambling will lead to addiction and a lot of money loss and you should start helping your friend stop right now before it is too late. This is so true. Seriously, guys, never risk more than you can afford to lose. Gambling, investing, starting a business, whatever: if you can't afford to lose it, don't get involved. I don't think I have even a single cent that I can afford to loose. I think no matter how rich a person is he will never have funds which he is happy yo loose in gambling, right ? The problem is we should not gamble at all if we are not having fun with it and if we are having fun we must see the balance between fun and pocket allowance. |
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No, doesn't. Matingale strategy on gambling is not works, it is needs much money and must be has unlimited money it is not efective because there are not people who has unlimited money in the world.
I have tried to use martingale and instead of winning it just made me lose a lot of my bitcoins. That is why I don't depend on any strategy anymore, as long as I want to gamble I will just accept the fact that I will going to lose if ever I will not going to be wise as I play. SO even small amount of profit, I will going to stop already if I reached it. When I first thought about that idea that wow when we loose we double and when we loose we keep same I felt that this strategy would make me a millioner but when I actually tried it yes it worked well and gave me some profits but eventually all the money along with profits was lost. |
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You can not control your emotions if you are going to play in long sessions. The longer you drag your session you are going not only to expose yourself to risks but also logical and controlled situation is going to be influenced by emotions and temper. I have experienced by myself and this is what I felt and observed in real casinos how people were doing there.
You are right. I have seen many professional gamblers who are losing their control by end of day in their gambling activities. Similarly they are gently making some profit in the beginning of the day but over time they are losing their control over emotions and also the ending up losing their gambling rounds. To overcome this problem, we must limit our sessions with gambling. Stopping gambling at right time and right point must be one of the thumb rule of the gambler should follow. a professional gambler always have a strict rules , they won't go bankrupt/broke easily. an experience help them to keep on the winning lines too. so for them to control a temper before lost everything are just like a habit and they did it. All of the statistics are printed in just about every site, forum and blog about the subject and, therefore, they know, prior to putting their money into the site that they are going to lose, it has been told to them ahead of time and there is nothing to be said other than that. The problem is not that people don't know that they will loose, the problem for any gambler is that whenever they have money they have a "feel" for gambling and that makes all of the gamblers gamble that money. They know and in fact its common sense that we will loose but still that feel makes us loose more and more. |
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It's really hard to say what games are profitable and fun to play on daily basis. I think every person have different taste and behavior. I have some luck with sports betting even I'm not the best with this but I have very good percentage of profit while betting on sports matches.
Yes, I am also having good times only with sports betting as other gambling are not finding my as a lucky person. I had tried dice gambling a lot, by spending more bitcoins with them. But, predicting cricket match is somewhat easier for me so I am just continuing that only so that I'm able to recover of my gambling losses. |
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Most of Gambler choose gambling for time pass or entertainment. So it's became their hobby and then they got addicted. So, I think for quite gambling we should choose another hobby that we like to do in free time and avoid gambling. And slowly, addiction of gambling will be removed from our mind.
But, many gamblers are going for gambling only to make their fortunes. When they are having some meaningless faith on gambling to make their fortune, they are overstaying with it and get addicted to it. To quit gambling, we must need to engage ourselves in some other activities. Changing our geographic location to some new place definitely will give some very big relief from gambling addictions. |
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i think it is not possible, i think i never seen a single person in like time that who can claim that he never lost money in gambling and is continuously. winning games in gambling and making money.
Yes, performing all the time successful in gambling is just imagineary as no strategy will be consistently working for any type of gambling. Gambling is all about luck and luck will never favor one gambler continuously. Without luck, there will not be any guarantee for making profit from gambling so to win gambling with the no loss is not at all possible for any gambler. |
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The publicity Bitcoin receives is not encouraging to new users as its perceived to be used for illegal goods and services like drugs hence people shy away from it
You must be wrong. All type of currencies and all type of payment processor are being used for illegal purposes, so there is no exception with the bitcoin payment system too. The real publicity of bitcoin is coming from the value appreciation of fluctuating bitcoin prices. That is the real promotion bitcoin is doing for itself. I believe this fluctuating prices are more important for bitcoin to announce about itself to this world. |
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Ever go all in  and have a positive result? You should never go all in if you ask me because the price can always rise again after you have sold so that would mean that you would miss out on some money. Sell some and save some that is how you keep maintaining the cycle. i like this idea so you are in a win and win situation if the you lose you still have the other part you have another portion to try it again just for precaution. But, I believe he will be enforced to bet with other portion too as gambling will not let anyone to escape. Moreover, due to gambling addiction he will keep on playing more money from other sources like getting through loans. That is what happening with most of the gamblers. With or without conscious gamblers bet all their money in gambling. Very dangerous to any gambler. |
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