I think portugal and spain have both endured youth unemployment statistics near to 50% for their age bracket of 19 to 24. It would seem parts of europe have already achieved 50% unemployment for some segments of the population. Wages rather than unemployment determine prices. It all depends on what consumers can afford to pay.
In africa where the average wage can be as low as $30 per month, prices are low. In other nations with higher average wages, prices will be higher.
Unemployment doesn't have much affect on prices. And cities are generally becoming less friendly and hospitable towards unemployed and homeless populations as time passes.
If you come to south asia - you will see 50% people living below the poverty lines. Some countries have made a good progress while the other corrupt government and bureaucracy has not let the country progress. Thats why numbers wont really be the same on every corners of the world if we do speak about unemployment because it does really vary on how the government do handle out such problem and how to resolve it out.If they are something we do talk about 1st worlds where economic status is really on that good or sweet spot which does provide lots of jobs into its citizens then expect unemployment would be low but if a certain country do lacks infrastructures and investors who do plan to run a business on a particular country then of course it would really be restricting out that kind of opportunity for it to be created or open into its citizens and if this one would continue then we do know on what would happen next. |
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I don't think gambling with fake money will solve any problem, I think that's just like a demo account? How will you feel when you are gambling with the fake money and you endup winning all your gamble but you can't make withdrawal, definitely you will start thinking what if you used your real money, you will have make enough money so you will end up quitting the fake money and deposit your money and start using the app. I don't know maybe it happens to me alone, whenever am using a demo account am always winning but whenever I start using my main account things won't really go well again. So to me using fake money won't solve any problem.
Thinking like that will make someone start trying to use real money and want to feel the experience of gambling with real money. But unfortunately, things will not always go according to what he imagined because using real money will make every defeat painful. Maybe if you use a demo account, you can always win because that may be the attraction of gambling so if you can't control yourself, you will try to deposit some money to start gambling with real money. And when you use real money, you don't feel the same winnings as when you use fake money. But if it's just for fun, using fake money can give a gambling experience. You cant totally feel the real essence when you do make use of fake money or digital ones and just like what others been saying that the thrill and enjoyment wont really be there since you do know that you wont lose nothing which means that on each bet you would really be that careless since you do know that you arent dealing on something that has value.This wont really resolve out any addiction problem but rather making it worst because instead of avoiding gambling activity but still you are really making him get involved which would sparked even more that interest to play with the real ones. If he does have the opportunity to play with real money or came from his own pocket then he would definitely choose on using real funds than on wasting his time into something that he knows that its fake. |
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Self-exclusion from gambling will still be useless if it’s only for temporary reasons. It will only be effective if that self-exclusion means he’s banned from all gambling sites forever. That way, his addiction will definitely be stopped, or just consult a medical practitioner that is expert on dealing with addiction. Self- exclusion gambling feature is just your first step, you still need therapy to finally heal your addiction and make you recover from it.
If that gambler that has made it for himself to use self-exclusion in all casinos that he use. Only two things can come and happen for real. 1. The gambler will still find a way to gamble if he's not comfortable of what he did. I've tried that before to abstain for one activity that I've doing but I'm still finding a way to do it. 2. He can control and going with his will to quit for good but this is going to be a long process. Gambling problem did exist since Gambling was invented. We dont know on when it actually started but much sure that gambling addiction is directly been molded because people are way too emotional which creates that impulsive kind of behavior when we do talk or speaking of money. Addiction is a condition where you do mind off about making profits with gambling and on the sense or situation that you are already spending much more of your finances than on the profits or money you are making. You would definitely ending up on having a gambling problem if you dont set out limitations or having good control on oneself. |
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Ofcourse it is. Buy the fear sell the news definitely is true because of the psychology.
Buying when everyone are selling in a panic gives us the opportunity to buy at cheap prices whereas selling when a positive news is published gives us the leverage to exit temporarily at a higher price.
The market always falls back and that is when we can buy back and make the profits.
But at the end, not everyone can do this gracefully.
Just to mind off about on when people should really buy? Are they buying when market is on trending or having that Fomo time or into this bear market? Of course people would tend to get in when the market is dumping or soo much fear in the market and we can see on some index which does indicates that we are on certain condition which it isnt really bad to have considerations on making decision for us to set us some position on accumulating cheap but of course it wont really be that an assurance that it was the bottom but at least basing on past or history then we do already have the idea on where prices could possibly go after sudden dips or crashes. I agree on what CZ said but of course not all would really be that confident on taking up such action. |
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In my own case I don't think I've engaged in using one before but if i may judge frombthe experience in trading bot i will say that it's not advisable to make use of gambling both, the reason because if it were to be a bet you place by yourself then the extent to your winning capacity will not be limited to a particular range, they set target on the bots for max and min win, there's no how you can maintain a consistent winning while using both, it's programmee base on randomized decision, and when making a winning, the amount is very little compare to when loosing, i will rather play using my ability than employing a bot to perform my role for me.
No. Bots are not designed to have some random decision. It was programmed to do the work for you that's why it was called a bot in the first place. It won't affect your winning rate as bots just place you to do the gambling for you but each bet is still under the provably fair of the website. Using bots is not profitable as it will just follow the algorithm that the user likes to execute automatically. The only advantage of using a bot program is it will give less hassle to do manual bets and you will just sit back and watch your money loses, kidding, just sit back and relax. If you used a bot for profit-making, that won't work. People should realize it on which it is really still needing some tweaks or commands on which a certain user would able to make use for those bots to follow which does simply means that it doesnt really have its own mind on creating own strategy when it is been ran automatically.Its totally a misconception i would say on which people do really believe on to these myths.This do really simply creates that kind of desperation for something to work which it isnt really actually that a good thing for you to mind or believe on because thats not how reality works. Bots are for automation and not something a tool that it could generate profit for you and you should accept that reality. |
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do you discuss the problem if btc can make people rich in a short time ( if lucky ) and will make people poor if we have the wrong strategy in terms of sales graphs ?
because most people think bitcoin can make people rich even though behind the success of people here it takes effort and accuracy of predictions, right?
I agree with you. I think that this condition is also important to tell them. For, they may have very high expectations on Bitcoin achevement that they invest, it probably makes them expect that their life will be really changing with Bitcoin and being rich soon because of Bitcoin. This is important to tell that it may not be instant to be rich with Bitcoin, it needs process and also consistency. Moreover, the Bitcoin price is fluctuating, volatile, and also unpredictable, the price can be really dropped like recently. They should know that Bitcoin also has risks and they should consider and ready witht he risk before starting to invest their money to Bitcoin. Everything should really be explained of the ff; 1. Investment opportunities 2. Risk of volatility 3. Actual application or utility 4. Regulation aspect 5. Anonymity and Decentralization These are the common traits and things that should really be explained out.Dont give out any assurances and guarantees about on investment aspect that they could really be ending up on making huge money in a short time because we know thats not how reality works.Teaching them on any angle which makes them knowledgeable about it pro's and con's which is something worth to shared upon. |
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Your reasons are very appropriate for me personally, I don't want public to know that I am a gambler. Anonymously is the only way for me to gamble, about my family also hide my gambling activities, but not everything is hidden. Families should know a little for learning and experience, KYC documents are too difficult to do it for me because yeah sometimes worry about being misused or any data leaking out.
The common things on why people doesnt really like KYc is that they are afraid for those informations to leaked out or be misused on other means which is something true because even myself wont really be that comfrotable when i do know that my information is really out there been stored and you dont know the risk whether its been safe or not but just like whats been said bby other people that as long you do know that you arent doing something stupid then i dont really see for someone who would really be that too paranoid when it comes to their information that had been given on any platform thats been asking for it but actually this is just a personal kind of choice because there are some who could really able to bare such risk and there are some people who cant just able to accept it. This is why as much as possible limit the exposure of your vital information. Just submit your KYC docs if it is necessary and you feel that you have the advantage of doing so. Because we really have no idea where will this will end up with, we are just hoping that it won't be on the hands of fraudsters. Also, the reason I don't want to submit KYC is as much as possible I want to keep my privacy in this business. I havent submitted any documents or information about myself in gambling related businesses or platforms or even giving the simplest information that do connects about my identity but for exchangers or any services that do requires it then i dont really have any choice but to comply before you could fully make use of its functionality yet it do really sucks when you are limited but only into some other aspects but for gambling then i do avoid as much as i could on sending out any verifications or kyc just for me to be able to play.We do have lots of casinos in the market which its impossible that you wont able to find out which doesnt really require for some verification before you do play. |
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I totally agree that things will go back to normal. Feeling a bit of fear is perfectly normal when your investing but feeding the fear and ruminating on it is not helping your mind or your wallet.
I recommend just trying your best to stay calm, exercise more and find your inner confidence that things will turn around eventually. Personally, I don’t even look at my wallet anymore because right now it’s a bit of a waiting game until the markets level out.
Fear is a good indicator - the scarier the closer the bottom.  It is clear that the fall cannot be eternal and we will wait for a reversal and a new bull market, but a lot of time may pass before that. If you are an investor, then it is clear that there is no point in constantly looking into the wallet to see the balance, there is no point in this now, now you just need to wait. I agree into this sentiment. Fear, Greed Index might not really be that precise but its not a bad thing for you to at least checking it out. https://alternative.me/crypto/fear-and-greed-index/ We are on extreme fear.. So it might not be that precise or recommended to follow but it isnt really bad to have some reconsideration. |
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Your reasons are very appropriate for me personally, I don't want public to know that I am a gambler. Anonymously is the only way for me to gamble, about my family also hide my gambling activities, but not everything is hidden. Families should know a little for learning and experience, KYC documents are too difficult to do it for me because yeah sometimes worry about being misused or any data leaking out.
The common things on why people doesnt really like KYc is that they are afraid for those informations to leaked out or be misused on other means which is something true because even myself wont really be that comfrotable when i do know that my information is really out there been stored and you dont know the risk whether its been safe or not but just like whats been said bby other people that as long you do know that you arent doing something stupid then i dont really see for someone who would really be that too paranoid when it comes to their information that had been given on any platform thats been asking for it but actually this is just a personal kind of choice because there are some who could really able to bare such risk and there are some people who cant just able to accept it. |
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What are your current opinions on the cryptocurrency market?
We are dumping once again on which it might be able to break that 17k support or recent low if this incremental movements which is 18k at the moment but we cant really say if this one would be the last plummet or would be continous on dropping until we reach that 8-10k where everybody is really eyeing on based up on analysis.We know that it cant really be always precise but once those speculative approach and sentiments then we do already have the idea that it could really happen but of course it would really be depending but in overall on what things could possibly happen then my pocket is ready on catching those cheap coins and able to accumulate but lets see if those things would happen or not because its really just too low. |
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Ofcourse, we can tell if there's something fishy because we've been watching our preferred sports for a long time so we will really know if the game/fight is rigged. Anyhow, we will just feel discouraged about that fact but we will always find ourselves watching the same sport  I believe that rigging of games or fight are still common in low league sports and not in big events, they quite know that it is too risky if they will rigged a big event. Even if we know something is suspicious, we won't be able to do much because we are just ordinary citizens with no power to protest against the fraud. Unless someone sees that the match is rigged and he has the power to protest it, the protest can only succeed in attracting public attention. Fraud can happen without the public knowing it because the people who organize the fraud have the power to control the people around them. So we can only allow cheating even though we know it. Proving that a game is rigged comes with a price and it would take a long time just to prove that there is indeed a cheating happened in that certain match/game. As an ordinary citizens, we can only speculate it without having the chance to prove it because our voice is not that important compared to the minds who made the cheating happen. It is true that a single person cannot do much especially since they are not going to have evidence of what they are witnessing and any authority can easily disregard what they are saying, however if a great deal of people think a particular event was fixed then as a group they can apply pressure for an investigation to take place, also those complains could reach the ears of the losing team or athlete and they could demand and investigation as well, so fans as a whole can still have an effect as long as they act as a group. You are right because if you are the only one who would really be tending to argue out that it was fixed then it would be most likely to be ignored but when in groups then it could create out some noise which can definitely or possibly able to reach out but of course this doesnt only talk about small numbers of person but rather on the entire fans or supporters of such team where they are really that complaining about the fairness of the game.We cant really deny that fixed games could really be possible but pointing it out or making out complaints would really be a challenge already neither you would really be getting some attention but most of the time you would really get ignored or something that you cant do even if you do want to prove out at least. |
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*Bitcoin drops 10%* - "I'll wait for it to drop further"
*Bitcoin drops another 10%* - "it's going to drop more"
*Bitcoin drops another 10%* - "I'll finally buy at another 10% drop"
*Bitcoin drops another 10%* - "looks like it's going to drop further"
*Bitcoin drops another 20%* - "I'm not buying. bitcoin is dead"
*Bitcoin reaches the price floor, then rises slowly for months an months* - "I'll wait for the dip"
- repeat after every halving cycle -
Its a never ending cycle even not noobs or lets say those who do have experience will really be having this very common impression and mindset towards the market which isnt something surprising because market is unpredictable on the first place which do basically means that pointing out the bottom was always been a challenge or something you cant really able to deal off with it easily. Waiting for the dip or going for the bottom is what we do go all after all the time even short traders or swing traders do really mind off and not really just solely focusing on current trends and current fundamentals or events. |
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This is true and I personally experienced it as a growing child. I have a father that’s already quit on gambling but witness him doing it when I was a child before he finally stop, I become curious on what is it and entertained at the same time because I saw that he manage to grow his money by just playing around. And then I personally try it and suffer loses and that time I realized that gambling is not easy. After that, I’m not that much excited in gambling unlike before that I only knew that I can grow my money by just playing it without even thinking about the risk involved.
Are you still actively gambling and your dad knows it? I think if he finds out then he will warn you to stop because he has reason and experience to quit gambling. Even if you are not very passionate about gambling but the location around you may not completely stop gambling and you are still playing small slots in gambling. I think you should follow your father's decision from an early age to stop gambling, because it will be difficult to leave gambling addiction if you are used to gambling due to influences from around. Matured people do really knows most of the thing yet they are aware on what are the possible things that could happen specially in talks about gambling addiction.For those who are just young and already get involved with these stuffs then its wise that you should get some consultation or permission or simply letting your parents know on what you are dealing but we know that not all youngsters do really tend to tell on what they are up to or dealing with into their parents which would really resulted into something like this.You cant really filter out or totally get rid of minors who could potentially able to play gambling in todays era on which accessibility is almost reachable on a simple click. |
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Speculators : "Bitcoins is up now 21k buy buy buy ! yeah 100k coming soon "....but it was 47k this March and 61k in 2021 ... so how the ..f..uck is bitcoin a winner ?
The only guys that won are speculators/traders that pumped and dumped and miners, the rest got wiped out ...
It starting to feel that "Bitcoin game" is a scam ...a big ponzi ...
Bitcoin is a scam or ponzi kind of line is to those people who had been fucked up by the market very hard.If you've been here on this market for a while then you wont really be definitely saying up these things. Price is never been predictable on the first place and if we do consider on checking out the history or past events then it is something that cant really be make up some pattern or you could make use of the same analysis but you could definitely see on how potential the market would be in speaking on bullish runs which is something that most people been keep an eye on.Price fluctuates and pumps and this is where people do make out money which is on volatility.If you cant bare up that kind of movement then this market isnt really for you. |
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Gambling addiction is the toughest problem for a gambler but unfortunately, they don't know how to solve it.
It's not that gamblers don't know but I think a lot of them underestimate their own issue so they wouldn't focus on it as much as they should before it gets worse. On the other hand I think blocking yourself from watching football matches is extreme. Sports is something very healthy for people, and competition is cool. I wouldn't do that so.
As a sports bettor, it's understandable as sometimes you're better off not watching any matches than getting tempted to gamble if you still allow yourself to watch a match from time to time. It's mind over matter which is hard for gamblers who aren't able to control their emotions. They let their urges and desire win over what doing what they think is right. If we don't control our emotions in the first place, it will be the one who will take over on controlling us which could lead to wrong decisions or worse, to gambling addiction. Avoiding anything that is related to gambling will be the best step for us to get rid of betting but to totally eliminate it, we should learn how to discipline ourselves. Once your mind and emotions arent fixed or simply saying that you arent dedicative on quitting or stopping or simply controlling your gambling habits then you would really be failing out on stopping your addiction. It is really just a matter of self acceptance and good control about your aims and goals through gambling whether its for entertainment or for making yourself rich which we know that it is really a very wrong mindset to mold whenever you do deal with gambling which this kind of motive or intent would really be pushing you into the line on which it would result into desperation which comes next on your action ending up on that multiple or severe losses which would really be worsening up the situation whether you could able to recover from it or would be totally messing up your entire life because of it. |
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What are your current opinions on the cryptocurrency market?
I think for now the most likely outcome is that we will continue to see a ranging market for some time, the price has already decreased a great deal from the all time high and there is not really a lot of interest from the bulls to try to push the price upwards. So the most likely outcome for the next months is to see bitcoin moving around the 20k level, and about what it will happen after those months pass by it is difficult to predict and it will depend on how the economy is doing at the time, however it is possible we could see a further decrease in the price of bitcoin, and while this may be bad news for some, for those which have some cash available this will be yet another opportunity to buy bitcoin for sub 20k prices. The hardest time on making out decision is on the time that the market is really on that ranging or moving sideways condition which it is really hard to make up some position whether you would go for long or short but if you are going for long term then it wont really be that an issue for you to make out some accumulation with the current prices considering that we are on deep negative percentage if we do compare it on ATH which is already a considerable factor for you to get in but if you do go for shorter trades then you would be mindful on positioning yourself because you cant really just make out some actions without having any basis because price could drop even more on the time after you had positioned yourself which make things normally been hard for us traders or investors. |
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Based on the result of the poll, the majority of us here are on the safe side of gambling as both the Casual Social Gamblers and Conservative Gamblers are two options that are on the safe side, I hope it will keep this way, this only shows that our community is a community of safe players as they know the harm of too much gambling.
Even though most people voted for those two it's still not enough to say that the community doesn't have any problem with gambling and probably there are countless gamblers that haven't voted or even checked this thread.the end of the season. True and as far as I know, any type of gambler can easily shift to a compulsive gambler if he loses himself in gambling. Every player started like any of those types except professional, anti-social, and compulsive gamblers. Once these gamblers succumb to the urge of gambling then that is where the problem begins. There's always a tendency for some switch up because emotion would be your primary enemy when it comes to this manner specially with gambling which is mostly dealing with something valuable which its normal for us to make out some reactions whenever we do lose on every bet.You cant really be sure that you would really be remaining conservative on the time you would be experience losing streak.There would really be some switch up but of course not all people would really be having those kind of behavior and there are people who do really remain their composure and stick on what they do have in mind since from the start. I am considering myself to be that conservative on which im really that keen when it comes to finances which if i do see that im losing too much then i would really be making out those sudden decisions on stopping. |
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Do you think when the country invest in Bitcoin, it do have 100% guarantee Bitcoin price will increase? No, you need to check on the coinmarketcap or coingecko and look at the chart, it will tell you Bitcoin price now are continue to drop and we don't know when it will really recover. Perhaps the Bitcoin halving on 2024 will make a new ATH.
One thing we need to understand about Bitcoin investment is that it is not some kind of Ponzi or quick money investment, there is no guarantee about the increase in price of Bitcoin that is true but there is a hope for a possible increase in orice before the end of the year that alone makes it a good future investment. Doesnt matter if you do invest on stocks/forex/gold/indices/crypto yet everything investments wont really give out that guarantee that you could really be ending up on having positive outcome or results. Come to think that this isnt something regulated which government could really get some tax for some economic development or contribution which crypto investment isnt something relevant in terms or talks about progress or something like that but as an individual on having that personal situation then investing could really make yourself a little bit more progresses or enhanced in terms of life style or status. |
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- Are gamblers eligible to hold financial positions?
Regular gamblers, yes. Problem gamblers, no. And not only because a company's money are at risk, but because giving money to gamling addicts can aggravate their problem. - Do problem gamblers deserve a second chance to hold a financial position? Absolutely. Gambling addiction is treatable. I personally know a guy healed from it several years ago, who've never had any issues since. Identifying problem gamblers however is hard, you can never tell a guy have a gambling problem until you learn its too late. Unless you live with him in the same house. Problem gamblers hide the vice to a long time, you will only learn they've got this problem when its pretty obvious already which he is selling his watch, car or properties which is worse. I think he will have to experience the great loss first before learning to accept, treated to get healed. Normal that we wont really be seeing on what people been dealing with until you do able to discover if its indeed too late.Speaking about trusting someone with my money then it would really be just common sense that you would really be having those kind doubts whenever you do know that someone is really dealing up with gambling.I know that we are just too judgemental but it cant really be avoided since our instincts do tell us on what would be the probabilities of things to happen considering that you do know that someone is really dealing up with gambling which means that tendency or chances could happen and thats something that you do really want to happen.I know that its a bit harsh or not to ethical on accusing someone or making out conclusions but i could really say that its really hard not to mind off if you do know something. |
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Look at Eth/Btc Chart. looks like it has found the bottom. i see a clear uptrend towards 0.08. In this case alts can be pumped too. so keep your eye on At Altcoins. This could bebthe start of a relief rally. but i dont think so that will be oump towards ATH. expecting just a relief rally only.  Very soon we are going to enter the next phase of the market since is shows like the dip of Bitcoin had been exhausted and soon altcoins season will come onboard. Looking at the Bitcoin price trendlines, we can see that Bitcoin had already touched the last support and this is the time for us to get prepared for the next season of bull run. The market Is already ranging now before everything start going bull. When its oversold then it cant really be staying on that state forever on which u-turn or trend changing would really happen and we know that once that Bitcoin would really be having a bullish run then expect that alts would definitely do the same thats why its not really bad to have that consideration on accumulating alts on this price situation that we do have at this moment where everything is really cheap than few months ago. Its not really that a bad idea but of course you should invest only on the amount which you can afford to lose and dont go overboard and set out limitations and dont go all in. Pump is inevitable because market cant really just have one movement which is impossible thats why expect for something like this to happen but we dont know on what would happen. |
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