You will agree with me that society and the environment can have a great influence on the lifestyle of every individual, you often can find yourself doing, or being involved in that activity that almost everyone is involved with in that your locale as a result of influence. Now considering someone who is a gambling addict, is there any possibility of him/her becoming better if they are relocated to another environment or society where people around are not involved in gambling?
Can someone still develop the habit of gambling and become an addict even though no one around gambles?
Having people around that are not exposed to gambling will always be helpful for someone who is a gambling addict. However, that won't guarantee that he'll stop gambling anymore. Where there's a will, there's a way. So expect that he'll still be looking for some nearby casinos or just play online casinos without leaving the house. Also, in cases that an individual still develop his gambling habit even without influencers around, that only seldom to happen but still possible. Usually, gamblers develop their interest if they are also seeing gamblers in their own environment or society. |
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- Have you ever considered researching about payouts before playing?
No, I did not do any research on every casino payout, I am a bit lazy in doing that so I just deposited and play the game that I wanted. Though I know it is essential to know which casino has the higher payout either withdrawal limit, or RTP % of a game, I just don't bother since my purpose is to check out the game for entertainment and not for profit. So basically, I am into losing terms when I deposit an amount to a Casino. If you gamble for pure profits, then researching which casino site gives better payout is certainly a must. However, if you only gamble for some kind of pleasure and maybe a bit of profiting, then researching is not that really a must. We all know that in casinos, that house will always win, so regardless if the payout is higher than the other casinos, you won't still benefit it because its hard to win in gambling when all you prefer to play are those luck based games. |
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This seems to be a warning to all casinos licensed by the gambling authorities to pay attention to social responsibility issues and money laundering, as casinos can be a place where illegal activities thrive. Moreover, it is a lesson for all casinos who still want to continue their business to strictly follow the advice and rules of the gambling authorities or else their license will be revoked too.
For people with accounts at the casino, immediately secure your money there and move it to another safer place before you can't access the account and withdraw your money.
While majority of the casinos are operating in accordance with the laws from the gambling commission, few are still not abiding the law so they should be warn by this incident. Otherwise, they will be reported and then investigated later on, and worst suspend their license too and stop the operation once proven guilty. So this is a wake up call for every casinos that are taking advantage of their gambler's funds, and not be able to promote social responsibility. Casinos are expected to give advantages to the states, but if they still pursue their selfish desires, that way they will also be reprimanded and should be given proper sanctions. |
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If you were the casino manager would you fire the casino worker for interfering with your business or would you ban the gambler from visiting the casino?
This answer differs from person to person based on personality, If it is a greedy human...they may choose to quickly fire this casino worker, but if you consider that because of the relationship this worker has with this chronic gambler they have lost control and acted unprofessionally, you may just scold them and caution against such unprofessional acts, but at the same time consider what caused her to act recklessly and try to add such a user to exclusion list so they have restricted access to your casino, maybe it can assist after all just his loss will not affect your profit. A casino manager should not be biased, but should always be balance in his decision making. Firing his staff will only cause another problem, so it would be better if he can talk to him in a serious way and advise him not to do it again, regardless of how the customer behaves. Also, the manager should not ban the gambler because he's still bringing profits to the casino. However, he can advise him to prioritize his family first especially that his wife needs more time and financial assistance from him. And that won't happen if he keeps gambling all his funds and lose everything in his pocket. |
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The world situation is less stable and according to Mr. Powell's statement, the Fed will not stop raising interest rates until they see real inflation come down. This statement means that high-risk assets like stocks and cryptocurrencies will remain under a lot of pressure this year.
So the expectation of a new ATH at the end of the year is pretty far-fetched, personally I just hope bitcoin doesn't fall as deep as $9k, $10k. My expectation bitcoin will hit 40k by end november early december this year.
With the continuously bearish market we are still witnessing today, I don’t see a new ATH is coming this year. Bitcoin is still in a range of $20k-$21k and we might even see price drops after these. In general, looks like the whole 2022 is a year of fully bearished market, there might be slight recoveries but after that, the market value gradually falls down. However, these are still considered educated guesses as we all know bitcoin will always has its own way of breaking the silence and surprise us with its unpredictable price. |
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Incidents like this happen often, I've experienced it too. They are scammers who create fake telegram groups that are the same as the original group or they even copy the developer username to make it the same. Then make some announcements about the airdrop and some of the winners in it. Which in the end is a trap.
Need to be very alert to do any work, airdrop or whatever, be careful and alert even though it's an official account. Never give access to your wallet keys.
Scammers will definitely find ways on how to make things possible, even compromising with the original developer. This is why in a world wherein trust is the biggest issue, one should take the highest caution not to easily fall for scammer's traps, as they can sometimes be highly enticing just to take advantage on your funds and the whole contents of your wallet. So always secure the privacy of your own wallet and your own keys. |
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Also, it is important that you should not be wasteful with the money, bitcoins or stablecoins you have left for investing. The market might be bad for months, years or longer. Be cautious and do the research. Invest in good development teams.
The bear market is always associated with so many challenges not only in new project development to all other aspects of the market will be affected by the bear conditions, advisably it is better to buy and store less bearish assets such as Bitcoin than to hold some highly stable and easily manipulated coin/tokens that can crash from 100 to -0 at any time. If you end up investing in those new and too good to be true projects during this bearish market, then it will be more challenging to you to keep them hodling especially when you see their value cannot sustain anymore the long term bearish market. It's better to stick with old and solid projects than to risk your funds with those new ones, as they can be a source of huge losses when you are not alert enough to sell them while they have still good value. This is why doing in depth research and investing with caution is the best thing we can do today, since this bear market brings a lot of challenges that only wise people survived. |
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People who is financial buoyant enough that already have Bitcoin in their domain is will not hesitate to accumulate their bitcoin because of this bearish season. Because i seen this as opportunity towards 2025 which according what i noticed in cryptocurrency and especially bitcoin, after two or four years constantly rise in the market, it takes bitcoin same wavelength or equivalent duration before it will retain it's space or position. That is while investors that knows the domination or the pathways of cryptocurrency regulations continue to hold more of bitcoin, and intensionally knowns that it will skyrocket any moment from 2024 and 2025.
People who have not stopped buying bitcoin even at the very bearish market are those who have long term investment plan, and that they have seen it already that long term hodling of bitcoin will create them big winners in the market. So it's not surprising that bitcoin hodlers are still taking every chances in this bear market and even do DCA so they can't miss every dropping prices for bitcoin. The market bull run may still be uncertain as to when its going to happen, but rest assured that we will witness that after the bearish market is over. |
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Hi guys,
After the immense hype up of the crypto industry, I jumped into crypto investing last year along with al lot of the casuals. I spent a couple of hundred bucks but sold just above break even point after the market crash last year. I was forced to because I needed the money to invest into myself to find a good job. Now that I've found a job, I started investing in crypto currency again, and started doing my due diligence.
My goal right know is to accumulate as much crypto as I can, but I'm not sure what the best strategy is considering the current economic factors. The approach I've had over the past couple of months has just been dropping a portion of my salary each month into crypto. But now I'm considering stacking my fiat to buy in on the bottom of this bear cycle which I think is yet to come. Would this be a wise decision? Or should I just keep going with the approach I have now?
EDIT
I would like to thank everyone for their helpful advise so far, I will definitely take each point made into serious consideration. Also from the points made, it lets me now that my mindset is where it should be.
Right know I'm heavily focused on accumulating as much Eth as I can. I'm almost at the goal I've set for myself in terms of how much I'd like to have before investing in another coin, since I've started investing again a short while ago. Next up I'd like to stack some ADA and BTC of course. But I can't help but wonder is accumulating ETH and ADA the right move right now? Or should I be more invested in BTC in terms of potential long-term returns?
If you want to maximize your future profits and start building wealth with this current bear market, then i suggest you should focus in bitcoin first. It's not all the time that bitcoin price will be in big discount, so always grab the chance while its still very cheap and affordable. When you think you had enough for bitcoin, then start accumulating ETH and ADA too as you wish. But always invest on the amount you can afford to lose, so you won't be force in selling them again when you think you have no fiat anymore to finance you. |
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Bitcoin price can not keep on increasing, if Bitcoin price keeps adding values young and the new generation won't have the opportunity to buy bitcoin because it will be much expensive to afford that only the rich people will be the only one to buy bitcoin. The purpose for the bearish market is an opportunity for all level of people to have opportunity to afford bitcoin when it is cheap. It is impossible for bitcoin to experience just the bullish market.
While wise investors always see good opportunities in a bearish market, newbies who lack knowledge and experience become threatened to it and eventually lost their patience. Because they always believe that the crypto market will never go below and will just stay on top so they can make consistent profits. But that's not how the crypto market works. Most likely it turns out like a wheel, sometimes its up, sometimes its down. And those who remain strong in the market when its predicted to become dead are always who made the huge profits in the end and become instantly rich. |
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Guys, has anyone heard smth about Intelfin Group companies? I read the reviews, it seems fine. They work with crypto. The yield is around 13% per month. Their plans seem to be serious. They even do co-financing. I'm lost whether to try or not. I 'd be grateful for any info. Here's the firm’s link: https://intelfin.io/ Having a returns of 13% per month is already big, and maybe out of 10 companies, lucky if there is even a single company that can achieve that. For me, it seems like you are heading for a red flag and just waiting to be scam. If you really believe in them and want to try your luck, then you can invest just a minimal amount. If you lose, at least you will learn something and would be more careful to choose reliable projects that you will invest next time. Investment is not just all about the profits, but the utility of the project itself that will be able to sustain its profits for long term. |
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I suppose you can say the same thing about computers and digital banking system since in terms of usage there is no difference between bitcoin and them.
This, and like 99999 other internet services lol. It was described as if bitcoin/crypto is the only sort of "service" that the visually impaired can't easily use. As for the solution: get a trusted family member to help you, just like how the visually impaired need a helping hand with a lot of other stuff. That's probably the best solution for that. Voice command is still not proven fully effective unless there is someone who is willing to assist you on that. But if you look for a reliable family member, you will be at ease because aside that your account is safe, you will also be guided on what to do to increase the profits of your investment. That's the essence of having a trusted family member. Even if you are visually impaired, you can still act as normal because you have another reliable eyesight that can be able to sustain your crypto investment. |
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Bitcoin promoters are betting on an eventual recovery that will vindicate their strength of conviction. However, even if the flagship cryptocurrency manages to surge to as high as $100,000 during another bull market, it will still be a failure, according to Nassim Taleb. The famed mathematician explains that the leading cryptocurrency has failed as a hedge against inflation. In fact, it has actually acted with opposite properties. As reported by U.Today, Taleb believes that the ongoing cryptocurrency winter may degrade into a full-blown “ice age,” meaning that prices will not recover for a long period of time (if ever). The “Black Swan” author has also taken aim at “bitidiots” like El Salvador President Nayib Bukele who still claim that Bitcoin is cheap in a recent tweet. The self-proclaimed “world’s coolest dictator” continues to gamble away taxpayer money. Earlier this week, Bukele bought another 80 Bitcoins despite the fact that El Salvador, one of the poorest countries in the western hemisphere, had lost more than $50 million because of his ill-timed Bitcoin purchases. Details: https://u.today/bitcoin-will-be-a-failure-even-if-it-hits-100000-says-black-swan-author The oppositions of bitcoin will never agree that bitcoin is already successful and is going to be a mainstream, and as bitcoin enthusiasts, we should be aware of that. That is why there's no valid reasons to believe in this mathematician as he never existed in the crypto market when its still in its infancy, and until now that bitcoin has grown and slowly starting to be matured. Even if bitcoin ends up being non valuable in the future, i would not say its a failure because bitcoin has made a lot of big changes in our lives, and we should still be thankful for it. |
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Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
Do not panic. The market price fluctuations are just normal because we are currently witnessing a bearish market scenario, and this will only be temporarily. If you want not to fall for losses, then do not sell your coins at a loss. Just stay calm and continue observing the market. Once the market falls for a deeper correction, always be smarter and take advantage to buy a lot of promising coins while the market allows you. Once the market turns into bullish, you can never do these things again. |
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Super competitive people like Phil Mickelson and Michael Jordan seem to have a problem when it comes to gambling. It's like their mind can't comprehend not being able to win at something, so they convince themselves they can win, even though the odds are stacked against them. I'm sure a lot of the time having huge pockets helps them keep going until they get ahead, until that stops working. Then they find themselves in a massive hole with no way out. Luckily, these athletes have a ton of money so they can afford the loss, but most people in this position and with this belief they can win end up losing everything. I'm glad these athletes are speaking out, because I'm sure they'd all be a lot better off if they never wagered a dime.
Yes, they can clearly afford their losses because somehow they have anticipated it too. But the gambling addiction that has developed more may lead to more unbearable losses in time. That made us realized that gambling will never do good in the long run. However, in this case with these big time celebrities, maybe it could be harder for them to realized that but when they nearly lost everything, that's when they start to discover the fact that they are not gambling to be productive anymore. |
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Actually, this can be a hope, especially for me because it will be very exciting to see Davis, especially for now they have quite a name in their class.
But indeed, if you look at it now, even if it is possible to happen, I think it would be very arrogant if you directly make something like this, but on the other hand, you still have to face a battle that, even though you are superior, does not rule out the possibility that something surprising will happen.
Yep it happened on July 16th at the Crypto.com Arena in Los Angeles which was expected to be packed with 20,000 fans.
He needs to put his mouth into his clubs and impress the fans, if after this fight he made an impressive performance expect to see more noise about the possibilities of his next money fight, though just the same, he needs to win first before expecting another good fight to come, there are things that Garcia needs to establish against Fortuna a good ticket to have a better future career inside this sport. And that this golden boy needs to prove not only to the audience but to his opponent as well that he is just not on more talks and assumptions, he needs to beat Fortuna first so he can finally take himself to a higher level. I have seen how Ryan made his last fights and he really has the guts to win in boxing, but with Fortuna around, i think he'll be a loser this time. |
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Do you check the types of bonuses offered by an online casino before signing up?
It can be very misleading if bonuses are the first and only thing you consider before signing up for an online casino, you may sign up for a dubious casino even without your knowledge. Some dubious casino's can take advantage and offer very enticing bonus to lure unsuspecting user's who consider bonus first and not credibility and long time record of a casino they are about to sign up for. As much as bonuses are good, we should avoid following after bonuses blindly. That's mostly the case as gamblers are more fun of bonuses and free money that makes them more attracted to a certain casino site. But if you take that as your reference to find casinos, and not looking first the credibility and the feedbacks of the players, then it's something that will trigger more scams because you show them the intentions first. You may fall gambling in dubios casinos and get scammed and end up leaving without nothing to gain. |
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Well I don't really know the type of gambler that I am but I think I am a casual gambler. I gamble anytime that I like with looking at many factor of whether I have to win by all means. I don't take gambling as too serious because I have other means in which I make money. Gambling is not meant to be taken too seriously because we can lose money anything if we are too greedy or too money conscious. Gambling is supposed to be taken light and not too serious just like as many of us used to see it. Lucky comes to us anything so winning a bet is not always certain.
If you are just to gamble for entertainment purposes only, then most likely you are a casual social gambler, same with most of the gamblers here. Although i'm also not certain as to what kind of gambler i am, but the fact that i never gamble to earn a living and i'm not that greedy to make more profits, maybe i also belong to a casual social gambler. And mostly, i go out with my friends to gamble because for me, that's also part of social recreation. |
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As I expected, Mark is going to be the underdog here, several pages ago, there was argument as to why Mark will be the underdog. So I guess crypto sports bookies knows a thing on two on this fighter and put Vargas slight favorite.
But I guess this is a good chance for us to bet with Mark since we are going to support him. Still very good and attractive odds in my opinion.
Doesn't matter for Magsayo if he will be listed as underdog, the outcome will not be based by how the bookies list him. Instead, that will be a good opportunity for us if he's really going to be listed as underdog in our favorite sportsbook but I doubt it for now, I guess he will still be listed as the favorite to win. Well, we will know it soon and maybe next week it will be posted. Magsayo has earned the trust of audience when he won against Russell but i think fighting with Vargas now may also be a different case. Vargas has quite impressive wons and i think that may trigger the performance of Magsayo in the actual fight. If he will be the underdog this time, i think that alone is a challenge for him to prove what he got in the ring. Either who will be listed as the underdog, what's most important is that who will be the favorite in the actual fight. |
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Gambling can be genetic and passed on to offspring, but I have noticed that females are not addicted as male when it comes to gambling and that gives me doubt about it, or maybe that is how it is in my region, men are most into gambling. Or maybe the gene is more concentrated in men than women.
No one can blame addicts, but any bad deeds done by them can be punished. The more fact we need is that addiction is not good, it can lead to a kind of life someone do not wish for himself, the reason we should use just the amount of money we can afford to lose and nothing more than that.
I can attest to this as my father was also a gambler, that made his son a gambler too. But being an addict to gambling, i think its more on the loss of individual's control, and not because it flows on the genes. And eventually, addiction leads into something more dangerous that can certainly ruin the whole personality of the gambler. That is why we should never gamble for profits, but only for entertainment purposes. |
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