Sure its gambling what you would say about lotery its just a game? Which you throw money to the jackpot, and play against others trying to get the main prizes. Makes no diference lotery of bitcoin as the real lotery systems, people keep gambling at lotery even with the soo many financial problems showing up.
That's individuals decision and they have the freedom to spend their money, I know lottery does not really make you lose big because you just have to bet a small amount of money hoping you can win the jackpot which normally millions. Even if you have problem, you still have the right to enjoy. Lottery can in fact make you lose big, if you buy hundreds of lottery tickets, that is not really that different than putting hundreds of bets on the roulette, slots or blackjack. agree with you mate. playing lottery can really lose us big especially when we buy bunch of tickets thinking that more tickets means more chances to win. Well, this maybe true but let us be realistic to the fact that lottery has more number combinations than any gambling games out there - you need to buy hundreds or even thousands of combinations before you can really hit the jackpot. You can do that but your bet is much way bigger than your jackpot winning. |
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now gold is quite promising, moreover, it is accepted throughout society and is particularly suitable for long-term investment. but this time choose bitcoin I guess is a good thing, because it looks like bitcoin prices are rising, so it is nice if the investment in the current bitcoin
correct gold is for long term investment. but for me, bitcoin can be the same as well because I compare bitcoin as the emerging of internet - internet is for long haul I believe. Bitcoin can modern microsoft, it will be here like forever same as gold. I hope I made my self clear because I keep on repeating on my points  |
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Yes, gambling can also ruin your relationship with your family and if you ignore it by not listening to their advice, you will not just lose your money but also your family. gambling is not wrong because its just a game or a way to entertain people its up to players how they treat it. without limitation can end up with addiction and that makes it wrong.
well definitely for me it is wrong. you can loose all your money (bitcoin) you work hard for, even family. a lot of people I know who played gambling everyday always says it was just a pass time. but its not. and later on they realize that they loose everything.
Always think of your family once they will be going to get affected of you addiction, all I know is that, family is more important than anyone, and even gambling is not important at all. Sometimes we gamble because of our family and we know it's hard to win in gambling but still we are hoping we can win because we think that it's the easiest and fastest way to make money, the desperation to have a comfortable life or being rich in short is one of the main reason why we gamble for money. But when we realize that there is no good in gambling especially if we are not lucky to win in our every game in gambling. We should really stop even if we do it because of our family because we wanted to earn, but if gambling is also the reason why we became bankrupt or something we need to immediately stop so that we cannot lose lots of our money or worse ALL of our money. That is correct mate. It is really hard and very risky to depend on gambling for your family need. You will surely be disappointed and life ruined if you spend all of your money to gambling because it has more possibility of losing it all than gaining lots of profit from it.and that time when you lose it all, you just mess not only your life but the future of your family! |
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I do believe i would gamble with a bigger ammount then usual maybe 1 btc the budget to play around, even while i do believe i wouldnt have time to waste with gambling if i could focus into others things.
I think you just say that because you are in a gambling world right now but what if you really become rich? I think you really don't have enough time to play with it because when you have lots of money I think there is also a lot of things that you can do instead of gambling. that is correct. when we are rich, we have more time and resources to do what we want in life. if we jsut keep on gambling at home every time even if we are already rich, then that would be a very boring life to live by.. that is not living at all. the best use of life is to explore beautiful things in this world. |
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I guess I should hold a little bit of both. It is the best option for the future. If in anycase bitcoin goes wrong, you still have your gold
That is true mate.. if you have both bitcoin and gold then it is better for your future.. because you still have a backup if anyone of them will go wrong in the future. You can't rely on the thought of when one of the two options for whatever will not be rewarding, that you still have the other option. What if both perform bad in a certain period of time? And let that exactly be after you have taken positions in both Bitcoin and Gold? It's all about timing when it comes to making an investment. Take this year as an example. If you bought in January at around $400 and sold nearly at the peak of $780 in June, then you have done a fantastic job. But if you have taken your positions at the +$750 levels in June, you would have seen the price tank to sub $550 some days later. Again, timing is your best friend. agree with that mate. if we invest to bitcoin, being not so emotional helps a lot. Never panic when the price of bitcoin goes down because it will surely bounce up. going up and down price is but natural and that is where traders profit a lot of money - that volatility the timing to go in and out makes good amount of money. |
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It is not your fault if you gamble. Gambling is a tool for amusement , fun and excitement. It will only become wrong if you will gamble your money first before you use it in important things. Most of the time if people gamble the money that should be use in important matters and they lose they will create more problems, and that is wrong.
I would agree with that and I believe there are a lot of us here who does not follow the principle to gamble what we can afford to lose, instead of putting our money intended for gambling, along the way we are tempted to put some money that supposedly for our daily needs and that makes a gambler wrong but not the gambling itself. Correct. there are people that at first, they deposit money that they can afford to lose and when they lose, they get emotional and deposit more and more every time they lose. That is the bad thing to that. We should only play accordingly to plan and not go chase our losses along the way because we are just playing for fun not for profit |
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Do not make yourself too busy of making money, you said that is a big amount of money and I think you can enjoy that amount of the rest of your life. You just have to travel all around the world maybe, investment is only good for people who are not satisfied with the amount of money they are making.
No matter how much money someone has but earning more money would be needed as money gets finished someday and then you will need money again so it is better to keep your investments active no matter if you have 100 million $ or what. I agree mate. If we are not really good at managing our money, then even if we have increase of income, we will still be having some financial problems because we are not nourishing the basic foundation of proper handling of money. Money is not the issue but how you handle it is. |
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some time ago i was gambling only for profit for a while and after some time i finally came to a conclusion that it is not possible to make any profit out of gambling or at least this is what my experience with gambling told me. so now i am rarely gambling and if i do i do it for fun.
Yes at the beginning of my gamble is also aiming for a profit. But after I lost and did not benefit me realize that gambling is not for profit. Then I gamble for fun by limiting the amount of bets. I am aware of gambling is a game that requires luck, so better I gamble for fun rather than for profit. Most importantly if the gamble should have self-control in the betting order not to get into a defeat and loss. Yeaaa just try to not get addicted to gamble with your past losts usually you want to chase it. To gamble for fun is the real essential of gambling. You will not get profit in the long term , it was a fact people must learn from their experience. I agree with you mate. If we just gambler for fun and only use money that we can afford to lose at anytime, then there will no problem at all and we are just playing for fun - that is our ultimate goal, period. However, if our goal is like milking these online casinos and make a living out of it, then we better think twice because it will not happen most of the time. Let's hope that every gambler wound understand that winning cannot be achieve in the long run if they do not have the skills in gambling which I believe only a gifted person can possess, therefore it's good to gamble for fun to minimize our loses and to appreciate the beauty of gambling. I fully agree with you mate. If we bet randomly for a longer period of time we will surely lose, that is the fact because casinos have their house edge advantage. That house edge is taking effect to all of us who gambles and if we just bet randomly and without a pre-planned bet, then we will surely lose. playing for entertainment is different story though |
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In trading, you will not only focus for one coin because you don't know when will the prices goes up and falls down. Trading is really unpredictable, you need time for that to observe or monitor. You should always be updated and aware.
in trading, it is always better to spread or diversify your trading with other alt coins. This way, when there is a big spike due to whales bumping certain coin or coins, then you are in the better place to profit well. Whereas, if you are just focus on one coin only, then it will be very boring I tell you |
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My strtegy is very simple. It is called self control. i strt with .01 anytime i get more than .001 over that amount i immidieately withdraw that ammount into coinbase. this way, i cant get cocky and gamble away huge orofits! Ehat are you guys opinions on this strat
This is a good strategy. I would suggest that you must be aware that the longer you play, the more possible the house edge kick in. So I would suggest that aftere some rounds of winning, create another account and play with it leaving your old account idle for several days or weeks. Creating new account after winning to get another winning is just a stupid mindset. Creating new account will never change the outcome, its all depend on luck. Perhaps you have experienced a winning streak with different accounts, but it was just lucky instead of the effect of the new account IMHO. Having a limit on both winning and losing is the best way to control your gambling. I think creating a new account on gambling like dice sites and gambling that have provably fair is also give some affect. I mean you can reduce the chance of lose.LOL, how can you be sure if you can reduce chance of lose just with create a new account in gambling sites? It's the funny thing i ever heard from a gambler. Create new account -> provably fair, haha Me too, this is only my first time to hear a situation like that, can you please explain to us further how can we reduce our loses by creating new accounts in gambling site? I really don't get this actually, That is just a superstitious belief in gambling and doing that is just fooling your self. If your chances is low in a particular game due to house edge you will still lose and that's it, no one is going to win big in the long run unless he is lucky and immediately stop in gambling. Yeah, I think after winning good amount in gambling and immediately stop playing will have you a good feeling in that day, cause you don't lose instead you give yourself a reward by playing and entertain yourself. If we are really lucky enough we can really win in gambling no matter what game is that. but i think it is not so easy to stop gambling after winning a good amount, after wining some good bits people like to bet again and again and to make more and more money, but there are some people who can continue winning while other people lose the wining bit as well as their own money in gambling. That is the reason why casino will going to profit at the end of the day because of people who continue playing during their winning streak because casino house edge will surely be in effect anytime soon. It is not really a good decision to just keep going when you are winning because you will eventually lose. |
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Of course, yes. Long term on gambling can be profitable if you can control your anger and your bankroll management. It's more easier to get profitable in long term on sports betting, because i already experienced on sports betting and you can be profitable in long term on this type of gambling.
yes that is a fact that if you have some good strategy about gambling and play gambling up to a fixed limit then you can make money in gambling, but i think it is tough to control yourself in gambling and that is the reason that most of the people lose in gambling. Yes in sports betting or slot games anything to controlling our emotions is very important in gambling. Especially in the long term, we should manage our money management or else it will lead us to lose more money. And yes in sports betting we can make money in long term, but sometimes we will get lose here also it's just our bad luck. yes i am also agree with you that gambling can be profitable in long run if you have strong decision power and can stop gambling when you make a good money and the stop gambling immediately. There is really no guarantee that gambling will be profitable in the long run because the more we play randomly, the more the casino house edge will be in effect. At the end of the day, casino will profit accordingly and will surely profit and if you play until that end, you will surely be eaten up by the casino house edge. |
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It would be a good idea at all to invest in bitcoin, while prices have not started up, because it may be too late soon. If you already have so actively discussing the growth of prices for bitcoin, then it really will happen very quickly.
That is correct. I always believe that when in terms of investing, the best time to start investing is now and not wait for the right time because most likely, you will going to find out that you should have invested a year ago because the price now is high. Best time to invest is today and invest regularly. |
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I think bitcoin is already associated with gambling. Almost every bitcoin users that I know personally had gambled before using their bitcoins. Most of them are still gambling after work. Gambling casinos are looking for a non-reversible payment and bitcoin seems to be the answer for that. They have to protect their company from reversible payment methods.
as you can see that online gambling are mostly introduce after the introduction of crypto currency, therefor to me it is a fact that bitcoin is really the future of online gambling. No and yes, Gambling industry must be very older than the age of Satoshi also, still yes many new gambling sites are being introduced only after the boom of crypto currencies. Due to the convenience of crypto currency payments and with very less restrictions, both gamblers and gambling houses are getting more benefits by adopting crypto currency payment system. its really a common thing from house to find ways how to attract gambler now that they found crypto its very convenient for both ends and it will be love of most addicts hiding their darkside well its really favor them that they can play now without revealing their identity. That is correct! Because of the convenience the technology offers us, we can already gamble right at the comfort of our room and this makes gambling business online very profitable venture because there are many markets around the world and the number just contines to growovertime. |
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If I was rich then wasn't having much time for activities of this kind. I was seeing me much more active in business as I have already idea of real estate to invest in. I am active in gambling now because I have free time and don't have many things to use this time so gambling is where money and fun is getting together right now.
I agree with you buddy but if i were in your foot. in this same kind of situation i would still play gambling because some times business meetings in this days its always in casino where riches come together. i prefer to gamble even if im rich just for fun only and stress reliever. it can help you alot. Gambling's giving you a mixed emotion that's why it's so entertainer. Correct, that is what gambling is all about in the first place, for entertainment. As long as we are having fun, then we are good to go but if gambling is no longer fun at all, that is the clear sign that we stop that gambling session already because the trend to that is going to get you more losing bets - that is the fact, unless you are very lucky! |
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people who are addicted sometimes they are difficult to awaken oneself from addiction. so they need help from the most important people in their lives or their loved ones. all the ways that you mention it will be useless, because this is a matter about yourself. if you really do have a strong determination to quit. in any way could be good for you.
I agree that determination is needed of a person who wants to stop gambling. The willingness to avoid will help him to prevent addiction. For me, controlling yourself is the main key to do and not to do. You can have the advices of others, but still you have your own mind to decide. He needs to realize his past mistakes and make the good future as his inspiration so he could quit in gambling. It's not an easy job but it's possible, we enter in gambling and we do not do it well so we need to go out of our own. Indeed away from gambling is not an easy job. With only aware of past mistakes I guess it's just the beginning, because in fact many people are aware that gambling is wrong but still a gamble because they may have an addiction to gambling. If someone is already very addicted to gambling will definitely need the help of people around to remind him to stop gambling. If it had been realized and there is help people around certainly if done in earnest to be able to stop gambling. Learn from our experience and we will be fine in gambling, don't make a delay action as once you are addicted you will end up losing your money and even your time in gambling. You will only win sometimes but still you will turn over your winnings in the end. It's okay to gamble if we can control but if not we have to quit the soonest. Yes. Learn to control yourself and make sure to accept losing money. Because if you cannot control yourselr.. you will still come back to gamblimg and chase your loses. That's why most people are being addictive into gambling world. This is correct. For me really, the very first person that know us personally is us. When we know that we got easily hooked up to things that excites us and we have the ego to not accept defeat, then we better not gamble at all because in gambling, it is certain that we will going to be addicted and lose. |
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 10 BTC i will make 3 GPU mining rig and in 7 - 10 month be ROI That is what I like mate. When you use the money investing on something that will give you profit in the end. Spending all of it for leisure and other material things is a waste - a total waste. That is not a good idea to be spender all the time, we need to have some investment to cover us in the future. Never think just now, think of the future as well. |
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I suggest not just put all your money in any one site because you may lose big percentage of your investment if anyone wins a big amount. So it is good to put your money in few good sites, so your losses will reduce in such worst cases. I never keep all my money in any one site. Actually you may put all to one investment more over if gambling inveatment though because in the end house always get profit so it just matter of time when you will reocver it though. And you need some review about the site that you want to put your money too. Not all site give you some good payout from their investment and you need to see whether that site have a good traffic or not to get some good roi I don't agree to keep all your money in any one site whether it is has got a super performance in the past because in gambling industry old performance will not give any guaranty that they will repeat same performance in the future. So to avoid sudden surprises, it is always good to go with diversification than sticking with any one or two sites. This is definitely correct and I could not agree more to this comment. Look at history, even the most established business and elite people fall once in their lifetime - check the 1920's depression in America, at least couple of millionaires lost all of their money because of that depression this holds true to investing all of our money to one investment alone because there is really no guarantee. |
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I recently read some quote and i think this is something good to share in this topic.
"Do not save what is left after spending, but spend what is left on saving." - Warren Buffet
That's probably would work as apparently Warren Buffet is a billionaire man and we have to follow his method. However, there's a problem with us as we lack discipline and we do prioritize our bills and sometimes we are trap to buy for our wants instead of needs and that makes us lose in our budgeting. Apparently right as well. This is what buffet believes in and he got successful in life, but still this method would always be in your hands. People nowadays really lives for what they want and for not what they need, but still i got to follow this some ways. Even though that it is pretty obvious on what buffet is trying to emphasize, I am not doing it fully. In short, what warren buffet is telling us is to give first to ourselves before others. What it means is that, when we got our salaries or income from business, we don't go spend it automatically, instead, we will create a budget and think of ourselves first by budgeting savings, investment, and the like and what is left is for other peoples hands like buying smartphones which that other people have income of your buy. |
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It is not your fault if you gamble. Gambling is a tool for amusement , fun and excitement. It will only become wrong if you will gamble your money first before you use it in important things. Most of the time if people gamble the money that should be use in important matters and they lose they will create more problems, and that is wrong.
that is correct mate because that there is nothing wrong with gambling because it is designed to give entertainment for other people or players like us. If we just use it as what it is designed in the first place, then there is really nothing wrong against it. but if you play excessively, then that will be wrong already. |
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I guess I should hold a little bit of both. It is the best option for the future. If in anycase bitcoin goes wrong, you still have your gold
That is true mate.. if you have both bitcoin and gold then it is better for your future.. because you still have a backup if anyone of them will go wrong in the future. Yes, I agree with you. The main rule of investing - do not keep all your savings in one place. Agree to that mate that we should not put all of our eggs in one basket because if it falls, they will all break and we don't have anything left for us. However, if we diversify our investment, then winning investments will likely compensate losing investments of ours - that is the basic thing in investing. |
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