It is true they should know better but once a pattern is set up in the mind of a trader is very difficult to change it, even if evidence is shown that what they are doing is not working and it will never work very few people can look at their past actions objectively, admit their mistakes and then change their ways, so besides an occasional reminder of the mistakes they are making there is not much we can do to help those which are unwilling to change their ways.

People need to realize the risk they are taking when they are trading and most of them don't. This causes a lot of new people to lose money because they are not aware of the risks that they are taking when trading. Investing and trading are not the same, if you trade that means you have to buy and sell, pretty quickly if you can, whereas investing means you could buy, and hold for many years without selling and make a profit.

Trading is risky because of this, it doesn't give you time to right your wrongs, so you need to be a lot more careful and yet many people are not that much careful about it, and this causes them to end up losing a ton of money.

They are helping with gambling problems, so I don't think they will help you financially, when you lose with your gambling.
The services they are offered say its free, so hopefully, they won't ask fees later on, and totally free.
This will be a great help for some gamblers here who want to change for the better of themselves.
Quitting is hard for most gamblers, they need to find a very good motivation why they are changing their path of living.

Most of us are born in a normal family. By normal, I mean we are nurtured and raised by healthy parents and they are still active when we graduate from college and start working. In many countries where economy has been hit by the COVID and affliated incidents, life has been harder than before and many have to choose to live with or at least ask help from their parents. From parents pespective, I believe as long as they are able to help, most likely they will be willing to help, because they love you. From children's perspective, I think this may solve some realistic problems in the short term, but in the long run, this will damage the creativity and motivation to face life challenges and harm the ability to manage finances, especially if you are a man. I say this because a lot of the friends from my generation are struggling financially now because they have been dependent on their parents and even after getting married and establishing a new family, they took a regular amount of money from their parents to pay off mortgages or cover other expenses. They've never thought about having another stream of income or one day their parents may not be making money and instead need money and care from them. A lof of hidden problems are there but just ignored. In my opinion, the earlier you become independent financially, the more likely you will be living a comfortable life with your finances. Better to know this and be prepared, if you are young.

Do you realize that in order to reach $1 million market cap should be around 21 000 000 000 000? I can't say that's not possible, but that's a pretty big goal and I'm not sure if we'll ever see that. When people say that BTC's value is infinite it sounds kinda crazy, like you're from a cult.

If you're buying to hodl till 2024 or first quarters of 2025 then you entry price shouldn't be a concern to you. The reason being that Bitcoin is projected to hit a level higher than its previous ATH of $68k+ in 2021. I expect a repeat of that awesome rally in 2025 too. At the current price of $22,240 I think it's still a discount. You don't have to buy all you want at once. You can DCA on it and keep getting more anytime it dips for price correction.

Beginner's luck is common in stock trading, gambling and investment.

The first wagers and trades a person makes tend to be logical and intelligent. Translating to success.

Then greed and emotion cloud their judgement. They lower their standards and make less rational wagers and trades.

That appears to be the most common cycle for most.

There are different types of investors in this crypto market, many of them are interested in short term profit and there are many who want to stay away from it all. They are long term believers. A holder always get the highest advantage from all the aspects in crypto currency investment. But for this, he has to be patient enough. Holdings are relatively low risk and hassle free investment method. A large part of crypto investors are just trust holdings. Those who hold the appropriate coins will be benefited. But as easy as it seems to hold, it is not easy.

It's a make or break thing for crypto. If the regulation is in favor of cryptocurrencies, it can attract a lot of new people that have always wanted to try cryptocurrencies but never did because they're uncertain of its legality. If it's the opposite, it will drive away those who wanted to try it, while some hardcore users will likely still use it albeit being put into danger for their disobedience of the said regulation. Regulation, unfortunately, is what decides whether things will flourish or not. Same goes to crypto although it has somewhat existed without any regulations applied to it whatsoever but it still is deterring people to use it because of the uncertainty.

The popularity of crypto currencies has been on the rise in recent years and many people are drawn to them as a means to achieveing goal of financial freedom.
Additionally, the decentralization and global nature of crypto currencies like Bitcoin, Ethereum and others, have made them an attractive option for those who want to take control their financial future and want to avoid traditional banks and financial institutions. They can also provide hedge against inflation and currency devaluation.

Given these factors, the dream of financial freedom can come true by using crypto currency?

Yup, gamblers who are keen to find ways to have some decent advantages will try to explore and use it to make a good analysis when picking the right game to bet, I'm sure there's people who already exploring and trying the opportunity that this AI is now providing not an assurance but some data that can be usable to analyze well.

This data is worthy if ever you are aiming to pick games and see if which team/player do have a decent advantaged in winning the game.

Being a bitcoiner is a pride, but people never want the same to be exposed for different reasons. Just my personal experience, I'm from a country where cryptocurrency isn't regulated and the government haven't revealed any official announcement on usage. Just the taxation on cryptocurrency have made people to consider it as legal and use it. In such situation exposing myself as a cryptocurrency user could direct me towards issues if someone is with vengeance with me.

To stay away from trading addiction, I set clear trading goals for why I am trading and what I hope to achieve. Doing this, helps me stay focused and avoid getting caught up in the excitement of the market. I endeavor to have a set limit on the amount of time and money I will spend on trading. My mentor has counseled me on the importance of taking breaks, so whenever I am feeling stressed or experiencing burnout, I engage in other hobbies and activities to maintain a healthy balance.

I will like to ask OP have you done an analysis on this matter before coming to this strong conclusion. The fact the few persons you know as gamblers find it difficult to save isn't enough reason to generalise that all gamblers find it difficult to save. Saving is a thing of personal discipline, Even business gurus can become victims too. I believe gamblers like everyother person do save except i see a proven analysis from a large gambling sample to prove otherwise.

As regards gamblers helping their families i will still say it is based on discipline. Giving is a gift irrespective of how the money is gotten. I think gamblers who finds it difficult to help their families most times are addicts who gamble all they have and at the end of the day they lose everything and nothing to remit to their families. But for responsible gamblers majority of them take their families in high esteem.

Lol,well I have been a victim to one,I don't think I will be a victim to both gambling and trading,because if one should be a victim to the two,that will be the worst state of a man,and if he is in that kind of state,I don't think it will be easy to get out.I know what gambling addiction has don't to my life,and the kind of stigma it has given to me,so I cannot add that of trading too.I trade only when I see that I might be on the safer side,and what ever thing that makes me loose money for once,I hold on for a while,to avoid excessive waiste of money especially when the luck is not on my side.

SHIB has gotten attention again because of its Shibarium. The ones who believe in this meme coin actually will get serious about buying more as people did with Doge.

We didn't take Doge seriously back when it was less than a cent and gamblers bet 100K of Doge in dice and continue the martingale system but now, they have become precious. Time to pick one to take it seriously and wait for more than 5 years.

Yes for sure to succeed in life one must take a risk, that why I have fully involved in to Bitcoin.

I have not tried such thing and I don't think I would, even if there were some good results at first, just because some user is a high roller does not mean they are always right. I would rather to be fully in control and have knowledge on where I putting my money.

That is only my personal opinion, of course.

Its not waste of time if you cannot afford to lose it yet since you are still student and yet still learning many things. Maybe its good for you to study first how the market first before testing out the waters since its really bad if you rush things because you could lose everything you have.

So if you are not confident yet better save and also try to learn many things since once you are sure what you are doing then that's the time you can spend your saving on investments.