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It is your ego that shows, like if your friend bought something, your ego would tell you that you need to buy it too, though it is not to show off but to fill the void in your feelings. Though you say that money is telling you to spend it made me think you are earning big as my self i will not spend a penny on those useless things even my mind was telling me that you have an extra money to spend. But again, you realize it later, which is good, and for sure, you will not do it again when you are with your friends.
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They are just saying this as a reminder, and this also needs to be put up on the website to follow the legalities of their casino, and it is also just showing them that they are taking care of those gamblers who play on their platform. It is still up to you on how you would prevent yourself from getting addicted to gambling or control yourself, as for sure if you get addicted, they will not help you. That is why those reminders are posted for you as a guide on how to prevent the addiction to it.
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Bot application isnt really bad because it was really that intended for automation and not for some money making on which other people is really been thinking.They do really have that wrong approach within these
bots which are actually have other main purpose which isnt to assure profits but rather give out some convenience into those people who had been trading specially on times that they are away from their devices or computers.It is really just that people do have that kind of wrong mindset and believe that it could bring out some assured profits which is really very wrong and not possible.
You are still needing for yourself to be that making settings into those bots to be that effective or efficient.
Do you know the reason while i dont encourage a novice in trading not to desperately use trading bot to trade, because i find out that bot those not have accurate stake in and especially for day trading and nothing like specific amount you can earn. and secondly it requires a subscription before you can as well use the application, so the subscription doesn't have any advantages from my perspective or point of views. So it's better to learn trading and understand the rudiments of trading before you can as well apply using bot measure. People are getting lazy right now. Most of those experienced traders are now learning how to make a bot so that they can automate their strategy and run it even if they are not checking the chart. This kind of bot is really good to implement, and not those you need to buy it. I haven't tried to make my own bot to automate my trading, but now that it has changed my mind, I want to try one that I will make from scratch. Though on those subscriptions type of bot, I don't know how they work, but for sure, your strategy won't be used on them. |
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I always considers renting waste of money, I mean even though it might be more economically efficient if calculated but you still never gonna own anything at the end of the day you're quite literally just become the workers of the landlord, meanwhile if you decided to buy a house you'd eventually get something in return and it could rise in value, with renting all the money you just spent just lost like that, moreover it just feels good when you eventually gonna reach the point where you could live in a place without paying, meanwhile the other people that rents still got to think about how to make their ends meet in next month you're just lifting off some serious burden when that time comes. also it could also motivates you to earn more.
renting is always difficult.Especially if you rent a house alone, then it is even more difficult to buy your property, it is already easier in a couple since you can distribute responsibilities and start paying for your housing.Without additional earnings, it is almost impossible to buy your real estate, since a lot of expenses do not allow you to do this. It is easy to buy your own property if you have money, but without it, like if you need to have a loan in a bank and pay it for a couple of years, that is a huge problem, and you'll also be sacrificing a lot of things for it, but we have no other choice as we don't have money to buy it in cash. Also, if you took out a loan just to purchase your dream house, you would mostly pay it off in a couple of years. The problem is that if you lose a job within that year, all of your money that was paid in monthly installments will be gone, as well as your property. It is very risky, but if we don't take that risk, we can't buy that house. |
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My lowest point came when I made the decision to leave my job in our province since I felt it was not worthwhile to stay any longer and to explore for better opportunities in the city. I was married at the time, and my son was one year old. It was difficult to find work at the time, and I was out of work for several months. We are really fortunate to have enough money to cover our living expenses while I look for a decent career that pays well. I'm grateful to my wife for her love and encouragement. If she is not by my side, I guess I won't be able to make it.
Thanks for sharing your story. You are blessed to have a supportive and patient wife. I guess she is the one who brought you luck when you were down. I used to be the same as you leaving your hometown and looking for fortunate and I certainly understand the tough times in the beginning. Thank God I also made my way to survive and did everything all right. Now I am also a family man married with a lovely daughter. It can be said that, for married adults, falling into unemployment is really a disaster. When I was a student, I could fast for a meal or two to pay for tuition fees or lose money in investments...But all of that will never be more terrible than when we are unemployed, and we are the family's breadwinners. I also experienced the feeling that my children did not have enough to eat when I was unemployed, it was the worst feeling I have ever had, and I swear to myself I will never let that happen again. The worst thing that you'll encounter in life is having nothing to feed your family if you are unemployed. That's what scared me the most, and it happened to me three years ago when I lost my job. I really needed to find another job, pay my debts due to unemployment, and make the lives of my family comfortable. But again, both of us survived it, right? as we are living a comfortable life right now (compared to before), for which we should be thankful. |
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Now bringing this home as it concerns gambling, I ask, you as a gambler are there gambling games or sports that you think that such gambling games or sports are supposed to be mostly engaged in by a particular gender (as it suits such gender more), and why?
Mind you am not saying that gambling is gender-centric in anyway.
If there were any sport that was gender specific then it has to be gymnastics but I don't know if there's any platform for people to gamble on the outcome of the event. We could also say every other sports that are inclusive of woman could have an audience of female gamblers but it'll be a very small number compared to that of the men. There are still men in gymnastics, though there are competitions for only girls, so it is still possible, like women's basketball or football, but it is still not gender-specific; it is like there are only editions of the sports that only women will play. There are no sports that are for women only, as sports were made for gender equality, and I don't see any reason why they should be inclusive of women. But there are specific sports where most of the gamblers are women, like womens basketball and football. |
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Bitcoin is a cryptocurrency that no has the capability to predict it's rise or fall.
I am beginning to have a doubt that Bitcoin cannot go to a higher price just like the previous year.
Cause Bitcoin is determined by the number of people in the digital market. Just like the higher the number of people that purchase Bitcoin the lower it's price and for it price to go higher it requires some Bitcoin investors, traders and miner's to withdraw some percentage of their Bitcoin. So I still have the doubt of Bitcoin shooting higher just as we are expecting in 2024.
Imagine that after halving, those miners will be selling half the bitcoin that they are selling now to pay their bills and necessities, meaning the selling pressure would be half. After the selling pressure is cut in half, what happens to the price? (You already know the answer.) Though crypto is volatile (as are fiat and stocks), we don't know what will happen. It may die or it may go to the moon. Just choose what ride you'll go into, or just want to be a spectator on its price and start ranting if the price goes up. |
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When I started learning before, I wasted my time finding a signal group, which is why it took me too long to learn to trade, so if I were to start again, I would mostly watch tutorials (paid or not), then start learning from them without finding any shortcut to finish the tutorial and start to trade. Also regarding the demo account, I shouldn't spend a lot of time on it, like treating it like real money, because before, I was spending a lot of time in the demo because I was making a lot of mistakes because I didn't treat it seriously.
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What others do is convert their bitcoin immediately or on a daily basis to their own fiat, but most others just leave it and start holding it until they need it, whether it's a loss or a profit. They are okay with it. Though money is really essential to the business as you need to buy your product again to restock, so you need to convert it immediately if you don't want to lose money or if you don't want to gain profit from its volatility.
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Its because most of the newbie wants a simple life, like imagine they just need their most commonly used email and password to log in and now have access to their bitcoin. I also noticed that when the FTX news came in a lot of people now panicking to get their bitcoin in the exchanges but now a lot of them getting back because those kinds of news died and they are not scared anymore. It is like after getting vaccinated in Covid people are now starting to party.
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Almost everyone who works for a company prefers to be paid weekly, with the pay calculated based on the energy and time spent in the company per day. Weekly pay allows one to see how serious and hardworking he or she has been for that week and if more efforts are required to earn more. Pay-as-you-go work appeals to me; whatever I work out for the day, calculate and give it to me; if daily is not feasible, calculate and pay me weekly, since I also have other things to do. Doing monthly pay is really a bad idea because I might skip work most of the time, and for the times when I will be present, I might also cover up things that I should have covered for the days that I am absent, which the company might not think of that way since it's a monthly pay job and every time you miss work, a deduction will be made from your salary. In conclusion, I preferred being paid weekly, and the goal is to have some cash and savings at the end of the day.
They can still monitor you even if you are paid on a weekly basis if you are not doing anything. In terms of how you do your work, weekly or monthly salary have no connection on this, but I want to ask you a question: what if you need to pay a tuition or need to buy a thing whose price is bigger than your salary in a week and it is needed on the first week of the month? How would you purchase it without borrowing money? Though we have our own preferences, like me, I want to pay monthly, in case of an emergency like we need more money to pay something, we can pay it, though you'll struggle, but you can still solve it. |
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I see that the players are in a It makes sense to look for more profits, and when they win they cannot compensate for what they have lost in their entire history and it is understandable, because when we learn to play more carefully we no longer bet much, but rather what is necessary to have fun and not to lose everything and Also not to fall into addiction because that is the last straw, it is better to play for a while without losing control.
If continuing the game after the second defeat is very risky it will spend higher funds because we lose control in the next bet, so that it will potentially trigger us to add more funds for high bets and bad ending that you will lose everything, so it is very important to determine the daily fund limit in gambling so that you don't experience high losses and we can come back tomorrow to gamble in hopes of recovering yesterday's losses. You are absolutely right, the golden rule is not to try to recoup immediately after losing.It will only be worse tested on personal experience and more than once.It is very important to learn how to lose and clearly divide the amounts that you are ready to give to the casino.I only play for the amounts that I am ready to lose and I am aware of this. We should not make it a habit to chase our losses because this is not good as we will be losing more money. Proper money management, as you said, is the solution, same as controlling your emotions, because if you set a specific amount to gamble in the casino but can't control your emotions, you will still add money to spend, so you are already over the limit of your budget. There are a few online casinos that you can turn on their feature to prevent you from overspending, and if you are spending a lot of hours at the casino, it can stop you. This is a very helpful feature to prevent addiction. |
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One of the fear which you describe as fear of losing money is that fear due to which people loss large part of their money and if once they loss their money they does not learn but instead they leave trading, this is the big mistakes which most of the traders do.
it shows that novice traders started their trading without prior knowledge and learning. just following their instincts, or from a friend's suggestion to place a trade. It is a big risk, and when they do lose money, of course, more of the beginners will abandon trading and the market. they are afraid to return because of their own mistakes. A newbie that is using instincts in trading is like gambling; he is just guessing the trade and expecting that luck will hit him so that the trade will be good and he will gain profit, which is not profitable in the long run. Let's say that you get lucky on your trade since you win, but for sure in the long run if you don't have knowledge, you'll be losing all of your money. It is not just in trading; in real life, without knowledge, you are risking yourself or your money on things you don't know, so it is very useless. That is why you need to learn first before going into those kinds of things, as they are very risky. |
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What do you think!!!
That's also what I did throughout the year 2022, every time I get my salary at the end of the month, I will spend some money to buy bitcoin no matter what the bitcoin price is because my goal is long term and will only sell when bitcoin hit $100k. I am still accumulating bitcoins this year even though bitcoin is up 40% since the bottom, which makes me a bit sad because I have run out of opportunities to buy bitcoins under $20k. But I will continue my journey to accumulate bitcoin until bitcoin reaches the goal that I have set. Don't be sad because other people right now are hoping to buy around $21K, but they didn't because they are scared that it will drop again. As long as you have money to spend, like your extra money from your salary to purchase bitcoin, it is okay to buy it, regardless of the price, because imagine if the price hits $100k. You will not compare the price whether you bought it at $20k or $25 because you gain a ton of profit. Just continue to accumulate, as you will not notice what price you bought when you hit your target. |
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Australian is not now covered by the British, but for sure they have just influenced it, and I think they will also respect the redesigning of the bills. Also, it is not completely gone, right? since it will be put into the coins. But again, there will be bashers on it, but if it was already approved by the law or in the Senate, then no one can stop it. Here in our country, our bills got redesigned recently, but we are all okay with it as we are still using them and others are collecting them or using them to save. Back to the topic, redesigning it is for the boost of the economy, and they don't redesign it to mock the British, so I think it is okay with them.
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I can't find the percentage of institutional investors in Bitcoin, but the result on Google is roughly 50%, so it is really huge, and if they sell off, then it would decrease the price. Though I am not sure of the data, I think it is impossible for them to sell off or stay away from bitcoin as it plays a big factor for them. Also, for sure, those institutional investors are not of the same mind, so mostly there are only a few of them if they want to do this.
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I can't really remember well what my age was at that time, but my first ever gamble was in a carnival (except for those friendly betting games in school when we were children). I remember playing the color cube game, in which you need to bet on a certain color, and if those color cubes are the same color you bet on, you will double your money. It was fun at first as I was winning, but later on I lost. It was so addicting to me that every after school I would go there to gamble. After a few weeks, they are gone as they need to transfer to another place, which forced me to stop playing.
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It depends on what kind of items or food your selling and how much is it because giving like 1% is huge and if you only add some cents on it to profit the youll be lossing. What i plan is you have like lets say $5 discount if you pay bitcoin if your purchase reach at $50 . Having fixed amount can still gain you profit that getting the percentage on it. But again this depends on the business owners on what kind of promotion they want
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Ability to hold your crypto in a wallet without spending in a bad times its a a strong character trait. How do you have the ability not to panic when the price of tokens has fallen, and there is a desire to sell them. But all this is worthless if you do not know how to feel the moment when you need to sell crypto at high price.
For example, I didn't see it in 2018, and after all time high, I just flew down without fixing it in usdt.
Bad times meaning in bear market or if you need money for emergency purposes? Because if it is for emergency no matter what the price is you need to sell it as you needed money and that is your purpose why you hold bitcoin but in terms of panic sell that is really a wrong move as you just got scared that the price will drop to 0 even if it is impossible. Though for sure those people who panic sell they regret that and will buy back again even if the price they bought are higher. That is why those who has a strong hands will be getting a lot of profit and those who panic will lose and quit |
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The are no other way bitcoin adoption will go , it will be adopted by those countries and later on people around it. Maybe other countries still banning it there now a lot of countries adopting it as they knew that bitcoin is helpful to them and also the people around them. As the years goes by people are embracing it no matter what the government action on this as they cant stop bitcoin. I am happy that they use it for sending bitcoin and I am hoping that it will be used also by other countries
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