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2361  Economy / Gambling discussion / Re: Reckless gambling starts after a win round. on: December 02, 2023, 02:28:54 PM
People/Gambler would really be just on two different types whether profit seeking or entertainment seeking.
/.../

People gamble for all sorts of reasons. Some folks are after that big win, while others just enjoy the excitement or hanging out with friends. Trying to put gamblers into neat little boxes just doesn't work. People are too complicated for that.

Of course there are many factors that can make them make something into an excuse about why they have such a goal, either an unreasonable goal or one that is still within reasonable limits, as you said that there are two types of people who will choose two different choices, between gambling with the aim of winning / earning or they come with the aim of just looking for entertainment, basically only they know about what their goals really are, it's out of our control and maybe we will be able to find out about what their goals really are from the impact that will befall them.

If the negative or bad effects that they always get such as a lot of financial problems and defeats that continue to dominate then from that alone I think we can already conclude that their goal of engaging in gambling is to make money, obviously the bad effects will definitely occur because in reality and the truth is that gambling is only a place to seek entertainment and pleasure, that's why they get bad effects, and for those who come with still carrying reasonable limits then they will remain fine, that has been proven.
Your view on gambling's two sides (profit and pleasure) is interesting. Gambling is, after all, just a fun way to pass the time while exploring new territory. People who only see it as a way to make money often face harsh truths; lost money and frequent losses are common companions of unrealistic expectations. However, this doesnt take away from the fun of gambling.

As witnesses, we can only guess what someone is trying to do. The effects of their actions give us hints, but they dont fully reveal what they were trying to do. Those who gamble within acceptable limits usually stay balanced because they know that gambling is just for fun and not as a way to make money. This is a very important difference. It has to do with enjoying the fun parts of gambling while also knowing its boundaries. To grow, we need to understand, not blame. Acceptance is key.
2362  Economy / Gambling discussion / Re: Have You At Any Point In Time Blame Who Taught Or Led You To Gambling? on: December 02, 2023, 02:06:29 PM
I was guilty of this when I was a teenager not on online casinos but in a popular game on Fiesta It is a color game using dice, I was introduced here by my childhood friend and I had a lot of losses with this game, I'm using my school allowance so every time I lose money I blame my childhood for leading me to this color game I do it in a fun way as if I'm just joking but deep inside I hate it whenever I lose. I struggled to fight the temptation but the excitement led me to play again and again.
How about have you at any time blamed the one that led you to gambling in your mind, or even told him face to face?


More often than not we get to see people with various blame-game lifestyle  wanting to transfer responsibility on someone else when they fully consented to gambling without any form of coercion. It is considered a childhood approach to living from my perspective.

Gamblers should be fully aware of the fact that gambling is 80% luck and 20% skills, no matter how skillful you are, it is not enough guarantee that you must win or constantly enjoy winning else the gambling world wouldn't even exist.

Don't blame no one when you loose in gambling and if you feel like that after your loss then it might be an indication that you are not yet supposed to be in the gambling space.
The expectations those people have out of gambling are so out of line that it does not surprise me they end up experiencing huge problems to leave it behind and blame others for their mistakes, and I say this because anyone expecting to win their bets all the time has no idea how gambling works, since not even casinos which have the odds on their favor can guarantee they will win all the time, as there have been many cases in which casinos have lost a lot of money as well.

I very much agree with what you say, for me to be in the position of the person who told me or took me to a casino for the first time, I don't blame anything, I don't know if you have ever Been in your life other than in the field of gaming. They have shown you a dangerous activity, but you have had the power to know how to control the activity or simply to say that no, since I was very little I always went out and played soccer, in fact there is no better way than playing Soccer in the street , because You learn not to be afraid of anyone, not even adults, nor anyone in the way you play, in my case I always went out to play, but one day a couple of young people played with us, and they had the peculiarity of being very well dressed, with a lot of money, and they had the skill to ask if we wanted to have money like that at our age, obviously everyone said yes, but as they did, the business was simple, just carrying drugs from one place to Another , I remember very well the astonished faces of all of us, we were 8-9 years old, the kids who arrived were About 15 years old , but all of us told him no , thank you very much but no , so everything in this life is about Taking Decisions , and Knowing how to say no.

It may be that this decision leads us to success or failure, but even if they show us what is available, we must know how to choose. In the event that they take a person to a casino and that person becomes addicted, it is not the fault of the person who took it led him , it is the fault of the most person, because that person did not force him to play, he only led him and showed him another world, where you see a lot of money and it is possible to win, there is nothing wrong there, we must always have an attitude When faced with certain events that arise in life and if we make decisions , we have to face that decision and not blame others if things went badly for us , because it is our Own fault , so that is Applicable to the topic, to the casino and to life.


Yes, life is a series of decisions, like gambling. We balance risks and opportunities in gambling, like in life. The casino's glittering promise of wealth tests temperance and decision-making. Gambling is a thrilling mix of chance and strategy that appeals to the human drive for control in the face of uncertainty.

Choice is our responsibility alone. Blaming others? A shelter for the weak-minded. With open eyes and a clear mind, we must approach every event, including gambling. Why label gambling harmful? Not so! It entertains, tests skill and luck, and teaches probability and psychology. Daily, every decision is a gamble. The true gambler knows risk and reward in life's big casino, not sitting at a blackjack table. Acceptance is everything; criticize is for those who refuse to grow and learn.
2363  Economy / Gambling discussion / Re: Can somebody make a successful career in gambling on: December 02, 2023, 01:43:52 PM
But most people today gamble irresponsibly by forgetting a lot of things even their own health they can forget, really not playing the side effects of gambling that can make someone forget themselves. I always anticipate this, I gamble but not by forgetting things, especially with health because I think everyone knows health is expensive. They should also realize that they won't be able to succeed if they only gamble, there is very little chance of winning let alone being successful. But it cannot be hidden that people who are addicted to gambling are not few, many of them still want a big win to become successful with gambling or in other words rich with gambling, this kind of mindset must be changed but it is also difficult to change or realize those who are already addicted to gambling.
It would be a shame if they forget many things, including their health, just because they want to gamble, which they can even do on the sidelines of their routine activities. They don't care about their health even though their health is the most valuable thing for them. If they are healthy, they can do whatever they want and can also gamble. But if they still want to make a career out of gambling, that's up to them and it's best if they already know what the consequences will be for them. Yes, many people are already addicted to gambling and this number will probably increase in the future, especially if people cannot take good care of themselves. Indeed, this mindset influences them to continue gambling, so they have to improve their mindset first if they want to change their habits.

yes that's right, they are not aware of other more important things. like you said they can do it in between times if they are healthy, but if they get sick because of gambling it is very unfortunate to prioritize things that are not clear with a positive end. They should be prepared with all the risks if they always prioritize gambling in their days. Yes gambling easily attracts the people around it to become addicted too at this time people do a lot of gambling and some are even willing to leave their regular jobs to gamble, they hope to be successful with gambling even though it is very unlikely to happen, with gambling of course this is to make money not to give money, maybe there are some people who are successful with gambling, but that doesn't happen with everyone because only people who have strong luck to succeed, if they are not too addicted they must know about this so that nothing happens that is not wanted and also will not harm themselves in the future.
We must accept that only 1% may win. Why so few? Gambling is a probabilistic art. Luck, not skill, rules this arena. Gambling is entertaining since its unpredictable, social, and gives you an adrenaline boost. Its an escape from daily life. The problem is when people are blinded by prospective advantages and disregard the more likely outcome: loss. We must stress that gambling does not guarantee financial stability. This pursuit will fail for most.

Thus, while we support gambling's fun and excitement, its important to approach it rationally. Indulge occasionally, not daily. Understanding the odds, accepting the high loss likelihood, and gambling properly are crucial. Gambling is about fun, not guaranteed profit.
2364  Economy / Gambling discussion / Re: Most gamblers do not believe they can consistently make money, that's why... on: December 02, 2023, 01:20:39 PM
Truth be told that, every business has its own risk and gambling isn’t exempted and most successful gamblers will always tell you that gambling is one of the best ways to make money and majority of the people who always think there isn’t any consistent way to make money from gambling are at some point  greedy with their winnings and games and what I mean is that, for one to be successful in gambling, you ought to have some certain characteristics which includes ability to control one’s greed, knowing when to play and when to stop and several others. I personally know that it is possible to stay very profitable in gambling but we shouldn’t be to greedy with the things and way we gamble.
There is a special mix of risk and return in gambling, which uses human traits like self-control and discipline. This is true: winning at gambling isnt just luck; its also about planning and having the right attitude. Even though there are risks, we need to be aware of them and act responsibly. A lot of people who are good at gambling have one thing in common: they can control their urge to buy things and know when to stop. Becoming aware of yourself is very important. There are, however, bigger effects that we need to think about as well. Does the desire to make money seem more important than the chance of losing money when gambling? Can we really support gambling as a reliable way to make money when it can also help people become addicted and lose everything they own? These are the contradictions we face when gambling. The exciting possibility of making money and the harsh reality of danger have to be balanced.
2365  Economy / Gambling discussion / Re: What percentage of bitcoin investors are gamblers ? on: December 02, 2023, 12:56:46 PM
Responsible gambling can be fun and exciting. In contrast, the situation you describe is very different. When this happens, gambling goes from being a fun activity to an all-consuming addiction. Individual's inability to notice his changing goals is a problem. Isn't it strange that the bettor looks for comfort in something that is clearly leading to a problem? There's more going on here than just passing the time; it's a deeper psychological trick. It's dangerous because, as you said, it could ruin his finances and have a big effect on his family and social life. What is the best way to balance the thrill of gambling with the possibility of bad things happening? Finding the thin line between love and addiction is very important. Support systems are very important in this situation; being aware and acting quickly are necessary. But how can we make sure that the appealing nature of gambling doesn't make us forget how important it is to be self-controlled?
Mostly, that is what happens to gamblers who cannot gamble responsibly. They will spend more time even though at the beginning of their gambling, they could have implemented responsible gambling just to have fun. But along with the pleasure they get, slowly, the responsibility they have built up begins to disappear until finally, they cannot be responsible with their gambling. They eventually become addicted to gambling because they have lost their responsibility in gambling. In fact, they can apply clear limits to the amount of money that will be used for gambling. But because they lose their responsibility in gambling, they can no longer be responsible for their gambling activities. If this is the case, gambling games are no longer fun because their goal in playing gambling has changed completely and there is only the desire to win and chase wins or recover from losses. If that happens, they will not be able to determine how much money to gamble with because they want to gamble continuously.
At first, gambling is just a way to have fun, with limits that you set for yourself. But over time, the satisfaction of winning or the desperate need to get back what you lost can overpower the original goal of having fun. This change isnt sudden; its more like a slow leak, where self-control wanes almost imperceptibly. Isnt it funny how the desire for fun can turn into a strong need?

Being responsible when gambling is very important, but you have to be very alert to keep it up. We often dont realize how tempting possible wins can be. The hard part is figuring out when something goes from "fun" to "need." How can we help people think in a way that keeps them from becoming addicted to things they enjoy? Maybe the answer is to regularly think about yourself and set clear, unwavering bounds. The goal is not only to gamble safely, but also to keep things in balance so that gambling is still a choice and not a must.
2366  Economy / Gambling discussion / Re: What I learnt from a crackhead about gambling on: December 02, 2023, 12:29:44 PM

I have seen crack heads more than responsible with there cash, than gambling addicts, this is what make me to ask you guys this question, drug junks are more responsible than gamblers, I have seen a gambling addict who spend 200 grand in under one and half hour on gambling, I've never seen a crack head done such before, not even on drugs.


That's not true at all, probably they seem to like being responsible because they need that money to buy pot/cok or whatever drug they are using and without it, they will be pissed as hell so definitely drug addiction is far deeper than you think because it creates chemical reactions in your body by a foreign substance and once you get used to it, it's going to be a hell to turn it around.

I am not supporting gambling addiction in any way but let me remind you that you need to know the actual consequences of substance abuse then your perspective will change for sure.
True! But what I think is that both addictions are not good. I don't know why the OP thinks drug addicts are much better than gambling addicts, but the truth is that they are both the worst. Are you serious about the fact that most crime-doers are under the influence of drugs? Ok, let's say they spend less money than gambling addicts, but drug addicts can commit crimes because they are not in the right minds. In short, both addictions don't have any good things in them; you can't compare them because they are both the worst. That's why there is a word "addiction" in drugs and gambling; it means it will not do anything good to you. I don't know why the OP thinks of that, but I don't want to judge, just give an honest opinion, because I have seen many news stories and witnessed many things that are caused by drug addicts. It can ruin a person's life, just like gambling addicts. This is not about the money they spend; it is all about what they do to themselves and to the people around them.
Isnt it interesting how the mind looks for multiple ways to escape? Substance abuse usually comes from wanting to avoid reality, while gambling addiction could be caused by a sense of risk and possible reward. Basically, both show a deep-seated human desire for something more than the everyday.

Criminal behavior and drug abuse have a complicated connection. Yes, many crimes are committed under the influence of drugs, but does this not highlight a broader societal issue? These people dont always have support systems, so they turn to dangerous activities to feel better. There are many reasons why people become addicted, including poverty, mental health problems, and unfair social conditions.

We should therefore show empathy and help. Our society needs to offer better ways to deal with problems and get better, not just judgment.
2367  Economy / Gambling discussion / Re: Gambling are mainly for rich and lucky mind. on: December 02, 2023, 12:00:39 PM
Gambling are for the financial stable individuals and those who's always on the winning sides,

Gambling is for everyone in the world who feels they can gamble or who wishes to gamble. Normally, gambling is for fun with some bonus winnings added. If there was nothing like winning in gambling, only a few people would be gambling with the intention of having fun. In essence, so many gamblers have their own motives for gambling. Some people are gambling today for the sole aim of making a living, while others only gamble when they want to get something out of their heads or when they just want to have fun and relax. So, if perhaps anyone wants to gamble and they feel they are willing to handle whatever comes after, then there are no restrictions unless it is for an underage gambler. Some people are not financially stable in society, but they even gamble more than those who are financially stable.

Some people are ready to spend just $10 on a meal but spend more than $30 to gamble. Even if that money is their last card, they should gamble with it rather than use it for some other important thing. The reason is because they are always optimistic about winning, while I'm gambling that winning is not guaranteed. If you know, Wink
People come to gamble for many reasons, from having fun to trying to win big money. Its allure is undeniable; the excitement of potential victory, the escape from reality. However, one must wonder why some people, especially those who arent doing well financially, gamble more. Does the desire for quick money or a deeper, more psychological need for excitement and a break from everyday problems drive them?

Surprisingly, spending more on gambling than on things like food is very ironic. The person's actions dont just show a desire for money; they may also be looking for something more elusive, like a sense of power, excitement, or even a way to escape the boring or difficult parts of life. The hopefulness of gambling is often tempered by the harsh truth that it cant be predicted. Our mental health is also at risk when we bet. Therefore, we must ask: Is the short-lived thrill worth the possible mental and financial problems that could arise in the future?
2368  Economy / Gambling discussion / Re: Gambling is not a steady income haven on: December 02, 2023, 11:36:35 AM

A lifelong skill, not simply in gambling. How many of us always restrict our passions and desires? The challenge is to enjoy gambling like a fine wine - moderately and knowing when to quit. What about losses? Not just financial, but emotional and psychological. Shouldn't we prepare for and accept them as part of the game? Controlling expectations and imposing limits. Doing so lets us enjoy gambling while understanding its nature. Isn't that a greener way to explore this glittering world?

I think how many people (gamblers) are able to limit their lust and desires is almost unknown, but I personally think most of them will probably do it for the safety of their gambling involvement, I'm not saying it has happened because it still takes the form of a plan. which they can violate at any time, and as an example let's narrow it down, out of 100 people who plan their boundaries of lust and desire when they have entered and are directly involved in the session then maybe I would say that only 30 people are still firm in planning their boundaries, and the rest they violate. I would say that the 70 people above don't seem to come to enjoy but are more inclined to exploit or abuse gambling by carrying the wrong mindset so that the impact is that they are trapped in a labyrinth full of disaster and adversity because they cannot be firm in implementing their plans because they are tempted by something that getting involved is tempting even though it's just a trap to get deeper.

Understanding is the main thing that must be paid attention to before they decide something, as you said that we must be ready to accept defeat and that doesn't mean  we are ready to just win, I would say you are a coward and irresponsible if you only want to win but don't want to lose. Controlling expectations and limiting them will be very useful to stay safe..

Indeed, people often give in to the temptation of possible wins when they are gambling. This difference between wanting to be restrained and failing to do so is a classic case of cognitive dissonance at work. We preach self-control, yet in the heat of the moment, many give up; its human nature.

But your claim that 70 out of 100 gamblers give in to their urges raises a problem: Is it the gambler's lack of self-control or the fact that gambling is inherently addicting? Maybe both. Gambling, by design, overshadows the reality of losing. You're right that this skewed view can lead to the terrible maze you describe. The key, then, lies in awareness and education. Those who gamble should be aware of the risks, and places that allow gambling should help promote safe gaming. We are all responsible for it, and we need to understand and be careful at the same time.
2369  Other / Off-topic / Re: Why the rich win gambling more than the poor. on: December 02, 2023, 11:12:36 AM
I have observed that the rich, I mean those who are financially comfortable, win more in gambling than the poor. By poor, I mean those who do not have enough to meet all their needs. I don't know the reason for this. Could it be that the rich understand financial management more? Or could it be that the rich are less desperate to win which make them make better gambling decision? I really want to know the reason for this pattern I have observed.
Simply put, wealthy individuals have strong and stable financial resources, leading to a much more comfortable mindset. With the same amount of gambling, if the wealthy lose, it doesn't significantly impact their lives.

However, for the poor, it could become a burden for them and their families in the future. Gambling is a game of psychology, and if your mindset is not solid, the chances of winning are quite low. How can we make rational decisions when, if we lose, our families might go hungry or incur debt the next day? I experienced this when I invested in crypto with borrowed money.

My mind was always anxious about potentially losing that money. So, when I faced about a 20% loss, I hastily cut my losses, thinking it would continue to decline the next day. A few days later, that amount would have doubled if I hadn't sold early. I truly regretted it, and it became clear to me how much my mindset influenced my decisions at that time.

There is also a point, rich people tend to have more capital to gamble so they don't hesitate to bet without thinking about the defeat that will be obtained, because they have a lot of capital so they are more free to bet on gambling, the defeat they get may not be a big problem for them because they are confident in the capital they have that much.
And for the poor they tend to gamble to multiply money hoping to get a win in order to help their daily basic needs, but they tend to be more careful, do not want to lose the money they bet on gambling because the anxiety with the money allows them to borrow money to gamble again because they are still "curious". and this is his fault, they can make their own lives because of their stupid actions.
For rich people, gambling is just a fun activity that shows how well off they are financially. For poor people, though, its a last-ditch effort to hold on to a fleeting dream that often leads to a sad trap. What makes them bet when the odds are so bad? There is more to it than just "curiosity." There is hope, despair, and societal forces at play. We have to ask: Does the system take advantage of their weakness? They arent just "stupid"; they are caught in a bigger, sneakier loop. How do we get out of this? Get educated? Regulation? Thats a tough problem that needs both empathy and real answers.
2370  Economy / Gambling discussion / Re: Risking 1% in Gambling on: December 02, 2023, 10:55:39 AM
Families with joint or linked banked accounts would question one another about how they spend money. I don't know how you'll be able to escape such questions from your wife, if she focuses on asking about your activities or notices that you are a gambler. It's not simple to keep the truth away from them. Except you don't have a joint account with her, I'd say your decision is great and it also makes you a loving husband Grin not every woman would feel comfortable about having a gambler as a husband. We've had similar discussions in this forum about letting our spouse know about our gambling habit. But, it feels good to discuss gambling with our wife, if she's not worried about it. From the Op's idea or strategy, 1% is great for any household and our partner would be happy to discover how money conscious her spouse is, instead of winding up the income. Causing trouble for the family. Which is basically where the family problems erupt. And why most women hate gamblers. Aside that, if you're a responsible gambler, it'll be rare to find her sad or wary about the gambling habit.
Thats one of the main cons when you do have a joint account specially into your wife, you would really be able to monitored out on what are those spendings that you have done and it would really be an inevitable thing that you would be asked out and this is something that i dont like. This is why i do really have that separate card of course but still my wife do really still need to check out my balance and she knows on
where money will really be spent. The only thing that i do like is that you do really have that able to save up for yourself, not on being selfish but we know that it is really that entirely different
if you do have that money on your pocket or in card which you could be able to spend on when you do like.

Speaking about risking 1% of household income in gambling then if those things are speaking about joint account then expect there would be questions asked about that 1%.
We know that women are really that too eager on knowing everything when it comes to finances specially if you do have a family to feed then it would be normal to raise
up those questions and this is why i dont really see it for it to be a big issue.

The issue differs per spouse, like the first guy, who talked about explaining things to his wife before using the 1% of his income to gamble, similar attitude elsewhere can lead to an issue. But not big, as the funds are moderated. Yet if 1% of the income keeps disappearing each month, it'll be a cause for alarm on the wife's side. Because it's unusual to see a particular amount of money disappearing from the account each month. That's why in cases of using joint accounts, the both parties need to agree on the gambling activities of the man or woman. And to keep the non gambler on the trail, s/he needs to be updated. Most gamblers can cease the opportunity to initiate their wife into gambling as well. By telling her it's only for fun, nothing else. This will help both parties not to feel cheated or thinking that the money meant for feeding is being used for gambling. Remember, like I earlier said, not every woman would be glad to figure out such habit from her husband. Depending on her various family rules. It could be her family disregards gamblers. The issue will be hard to resolve, unless the husband stops gambling. Hence, a player with joint account, can easily find a different method of raising money he'll use for gambling. To be on a safe side, his wife won't notice in one bit, the husband's habit. As men we have to be observant of things that'll upset our women. Hence, if she constantly discuss about her hatred for gambling, we need to do that with caution. To maintain the respect she's got for the head of her family.
Fun gambling is based on people in a relationship knowing and respecting each other. Here, he defends his gambling by saying that it only costs him 1% of his income and is therefore safe. Still, she sees this steady loss of money; a pattern forms, which makes her suspicious. He says its just for fun, maybe to get her into this world of chance by calling it "harmless fun." But her beliefs, which may come from being taught by her family, are at odds with this idea.

What did he do? Covertly use money for gambling while keeping the peace at home. But isnt this just lying under the guise of safety? He prides himself on understanding her, yet chooses to ignore her disgust for gambling. This approach keeps things calm on the surface, but it makes a deeper disconnect worse. Even though he respects her, he breaks that respect by doing things she hates. Whats the point of gambling if it breaks trust? This is a gamble not just with money, but with the very foundation of their relationship.
2371  Economy / Gambling discussion / Re: Tips on staying responsible. on: December 02, 2023, 10:27:26 AM
My biggest tip has always been knowing what amount would make you very upset if you lose. Like for a whole month, starting from lets say next 1st of December, until first of January, how much money could you lose and not care about it? That amount is the amount you should gamble with, doesn't matter how much it is.

If it is five bucks, then gamble with five bucks and when that's over then stop and do not gamble for the rest of the month. I know that sounds small, but if you are a person who would be upset about losing ten bucks, then you should not be playing with ten bucks. That is a reality and it does help people a lot, if you end up losing an amount that you do not care at all and fine with losing it, then you will be fine.
I agree with you, sometimes gambling really makes us upset if we keep losing, so we try to chase after these losses in order to return the money we have lost, but in reality we will lose more and more money as a result of chasing these losses, so it is really better for us to use our money wisely. set a budget that we can afford to lose the money so that when we have set it and the money we can afford runs out we can stop without thinking about the money we have spent and we will not be annoyed or carried away by emotions.

it looks simple, but these tips are very useful for people who get emotional easily and don't want to lose too much money due to gambling. Indeed, not all gamblers can set a definite budget because sometimes they still exceed the budget, therefore gamblers need to apply self-discipline so they can obey the rules which has been set.
Making a budget is a smart move; its a way to control yourself. But, why do we generally break our own rules? The mind's complicated relationship between reasoning and desire. The real problem is controlling our emotions, not making a budget. Thinking logically is often overshadowed by emotional gambling, which leads to bad choices.

Therefore, its not enough to just make a budget; we also need to understand and control our mental urges. Beyond discipline, this calls for a deep understanding of oneself. Critically important is to recognize the signs of emotional gambling and come up with ways to stop it. Practicing mindfulness or stress-relieving skills might add another layer of protection. Its about finding a balance between losing and winning at gambling and staying grounded in reality.
2372  Economy / Gambling discussion / Re: Can you make gambling a profession - a full time job on: December 02, 2023, 10:01:34 AM
Yes, a very small number of people (maybe 1%) might make a living from gambling, mostly in skill-based games like poker and sports betting. They need to know a lot about the game, be good at math, and know how to handle risks well in order to be successful. Yet, can we generalize this to normies?

Its so unpredictable and based on luck, gambling isnt a typical job path. Its risky to depend on gambling for income; the people who have done well are the exceptions, the god of gambling, not the rule. Slot machines, the lottery, and games like plinko dont usually bring in a lot of money consistently. The instability and addiction risks of gambling as a full-time job outweigh its appeal.

So, why do some people go into this dangerous area? It could be the excitement or the task. But as a long-term, main source of income? Thats a risk in and of itself, and the odds arent in favor of the majority.
2373  Bitcoin / Bitcoin Discussion / Re: What can happen next time due to a lack of proper knowledge about Bitcoin? on: December 02, 2023, 09:35:23 AM
The banking system has disappointed people in many ways. In the last economic crisis, the banks were bailed out with taxpayer money, and we were left with that money. This is unfair, and it shows that banks do not value people. We gave them a chance, but they abused our trust. It's time to let them take care of themselves. We will not forget what they did, and we will not give them a second chance.
No matter what we think or say about them, we are going to need both fiat currencies and banks until Bitcoin is usable more as a currency or a payment method than an investment asset because we have no choice. We love Bitcoin, and we want it to stay around forever and keep serving the properties that it has to us but we also can't deny the fact that we currently need money, in our local currencies, to be used for our expenses since Bitcoin isn't accepted everywhere in the world right now.

So, the rage and the hatred towards banks and traditional financial institutions are all useless for now because whether we accept it or not, we are all using them for our daily needs at the moment, and I believe we should wait for the time when we can finally say that we don't need their services at all and then say whatever we want about them and that will be fair and have no hypocrisy from our side at all.
In as much as I agree with you that traditional banks and it's services are currently important, I also will want to  know you that the hatred for financial institutions here in the forum has created an illusion that this traditional banks are absolutely useless or it services are not important which is wrong but I will definitely not dispute the fact that they really offered alot of help as third parties in our various countries and life in general though they may have lost trust but still doesn't warrant the absolutely hatred on them.

The governments uses this banks a means to control the entire operation of citizens that is exactly where there is slack in the banking system but cryptocurrencies (Bitcoin and shitcoins) are here to fell up this gaps that banks has open in the hearts of citizens to elevate us from central control of the government and set financial freedom to all who grabs the opportunity.

Banks will only be less useful in future and this future may be centenary or more because it will take alot of time to reach the point which banks won't be needed. maybe it will still be needed but in a different manner, maybe it will require people to have contact with their third parties not the completely detached institutions that operate now. for the fact that this future is not yet here we don't need to overemphasize on the hatred but can grab the opportunity that bitcoin has brought to our table.
Theres no doubt that the forum dislike the standard banking , but it could be getting in the way of a balanced view. Even though banks have problems, they have been very important in creating our economy. They make deals easier and keep the economy going, but they also let the government keep an eye on things, which is an important point that we cant miss.

Crypto promise financial freedom by breaking away from centralized control in a new way. Can they completely take the place of banks? Not likely in the next few days (months or even years). At this point, they play a more supporting role, filling in the gaps left by traditional banking systems. For example, Bitcoin gives us more control over our money, but it also has some problems, like instability, unsure rules, and so on.

So, Bitcoin should be seen as a way to give people more power, not as a full-on solution to replace banks. We should focus on using its strengths while also being aware of its weaknesses and the fact that standard banking systems will still be needed in the future.
2374  Bitcoin / Bitcoin Discussion / Re: Target Prices and Resistance Levels? on: December 02, 2023, 09:04:36 AM
Actually, there isnt a resistance zone. Instead, its more of a band that changes based on how investors and the market think. Investors arent making up numbers like 27k or 33k when they talk about barrier levels. After looking at old data, these numbers show places where Bitcoin has been sold off in the past.

To put it another way, these numbers are like psychological signs for buyers. As a result, supply and demand have been affected by changes in investor feelings at those times. Yeah, the arguments can get too heated at times, but they're not completely pointless. Patterns, not just prices, are important. There is a lot of psychology behind these talks, even if they seem like just guesswork. If investors feel happy buying or selling at certain levels, that affects the price movement. Although, keep in mind that Bitcoin, like any other asset, is open to changes in the market, and these levels are only suggestions, not rules.
2375  Bitcoin / Bitcoin Discussion / Re: Distributed Passphrase > Multisig? Poke holes in this. on: December 02, 2023, 08:39:45 AM
A strong security system is the main benefit of multisig. Finding the right amount of keys isn't enough; it's also important to know who has access to what keys. If someone gets both the key and the passphrase, they have access to the money. However, in a multisig setup, compromise means breaking into more than one different entity.

The complicated nature of Multisig is its strength. Although we should think about the non-technical heirs, shouldn't security come first? Single-key systems aren't as secure as multisig setups, but they do add an extra layer of security. There is a trade-off between simplicity and increased protection. If security is so important in the Bitcoin, doesn't this extra layer of protection make the process more robust?
2376  Bitcoin / Bitcoin Discussion / Re: We All Know, The halving time will be full of drama on: December 02, 2023, 08:15:53 AM
No matter how high you rise in society, no matter how respectable you are, there will always be some people to bring you down to speak against you. Similarly with Bitcoin it is only natural that the higher it goes the higher it wants to corrupt its upcoming value. Often false or misleading information, rumors or other means create doubt and fear among investors. Investors who fall victim to FUD may make panic decisions, such as selling their assets at a loss based on unfounded fear and uncertainty. However, we know what the future holds for Bitcoin. Maybe some of us want to show the play but I doubt if the play can actually be released!
The rise of Bitcoin has its critics, just like the rise of any person in society. FUD fuels these voices, which can change the way investors feel and cause them to make hasty choices. Why do these bad stories keep getting told? There is a mix of not knowing enough and the natural fear of the unknown in people. With its revolutionary potential, Bitcoin shakes up standard ways of thinking about money, which makes some people defensive.

But those of us who know about Bitcoin know how strong it is and how it can change things. Innovation and supporters' faith shape Bitcoin's future, not skeptics' whispers. As Bitcoin's value changes, its part of a bigger story of growth and acceptance. We know this journey is full of problems, but our faith in Bitcoin's promise has not changed. Even though there is a lot of doubt, we are still standing strong and moving toward a future where Bitcoin's value not only stays the same but grows.
2377  Bitcoin / Bitcoin Discussion / Re: Should altcoins be blamed? on: December 02, 2023, 07:52:47 AM
Is altcoin blame fair? Consider that investments are risky, especially in cryptocurrency. The investor's strategy is key, not the asset. Many engage in crypto for big returns without proper diligence or risk management. Losses result from irresponsibility, not cryptocurrencies.

Bitcoin and altcoins should not be confused. Bitcoin, the pioneer, has unique traits and a larger market. The idea and technology differ greatly from most altcoins. Altcoin volatility can affect views, but Bitcoin's philosophy and long-term promise remain. Thus, altcoin concerns must be distinguished from Bitcoin's fundamentals and resilience.

The aversion to Bitcoin owing to altcoin losses shows a lack of crypto knowledge. Redefining perceptions requires educating potential investors about cryptocurrencies, risk management, and Bitcoin's unique identity.
2378  Economy / Gambling discussion / Re: Would You Crowdfund for a Gambler Who Has Gambled Irresponsibly? on: December 01, 2023, 05:28:37 PM
No. This will only make gamblers feel that they will be helped to meet their living needs while they can still gamble as usual. They may be even more irresponsible in their gambling because they are calm to see that there is crowdfunding that will help them. But if crowdfunding is intended to help problem gamblers cure gambling addiction, for example, maybe crowdfunding can work well. Maybe there are still people who care about others, especially those who experience gambling addiction problems, so from crowdfunding, they can use the funds to help the healing process of people who are addicted to gambling.
I don't think they will play gambling immediately right after they get the money but they will first use those on the important things. And maybe they can even change after this because they are too ashamed of their selves and they are doing this as another way of saying thanks.

Yes, there are always people who are too soft and are willing to help the person who are in need of help. Maybe some of them are also an addict before. They know how hard it is to become one. Still, I don't think crowdfunding is the right word to be used here but it's more like a donation already, since we can't get something in return such as a token, same as what we have here in the crypto world.
Gambling may be fun and skill-building, despite its misperception. It requires strategy, patience, and occasionally luck, not just money. This acknowledgement is key to understanding why not all people spend recklessly after receiving wealth. Even gamblers may prioritize important expenses, showing responsibility.

The difference between "contribution" and "crowdfunding" is complicated. Donations dont usually earn crypto tokens. However, the reward may be intangible, like helping someone change their life. Isnt that possibly more precious than any token? Understanding the repercussions of our actions on individuals and society is crucial.
2379  Economy / Gambling discussion / Re: Health Benefits of Gambling on: December 01, 2023, 05:08:33 PM
If you try to find out the advantages and disadvantages of gambling, you will find some advantages of gambling, but I think the disadvantages of gambling will be more. The downsides of gambling outweigh the upsides. You might say that one of the good things about gambling is that the person who gambles can take risks in any activity, gambling increases one's courage but it is possible to do these things outside of gambling. I became addicted to gambling so I can tell how bad gambling affects a gambler. If you can gamble without being addicted to gambling then you are welcome to gambling site because if you can gamble without being addicted to gambling then you can surely make good from gambling site. But it's hard not to become addicted to gambling by gambling.
Yeah, that's right. I guess the downside starts with stress and then it creates more sickness to our body.
I do love the emotion swings though and I think that's one of the upsides of gambling. You get happy when winning and then angry when losing while blaming the gambling site for how rigged their games are. Cheesy
I mean, that's healthy. It means you are normal because you have different emotions that come out and it somehow boosts your blood circulation too. If that won't happen then it means we are not normal.
Lately, I have been losing a lot of my bets in casino games but just hours ago I felt like I was loved again. Multiwins coming for like every 50 bets and I double my capital in just 2-3 hours. I felt real joy when that happened so I stopped and just savored all the profits that I made. I need that because it's a rare thing to happen for me ever since I reached the VIP rank. Now, I cannot decide if I should go back this day or call it a day and maybe do it again tomorrow. Having a plan is a healthy thing too.
Its fun to win, but its usually frustrating to lose. But blaming "normalcy" in emotional display for this oversimplifies how gambling and psychology work together. While your recent winning run is exciting, you should be careful. Why? Its because gambling is a game of chances, not feelings. Because wins are short-lived, especially in VIP ranks, they point to a trend that is hard to predict. Unpredictability isnt just fun; its also a psychological trick that draws you back with the promise of more success. Should you risk today? Self-control and figuring out the risks are at play here. Keep in mind that planning is good, but only if its based on realistic goals and knowledge of oneself. It is important to be aware of how addictive gambling can be and the need for moderation. Excessive joy, on the other hand, often leads to sorrow.
2380  Economy / Gambling discussion / Re: What percentage of bitcoin investors are gamblers ? on: December 01, 2023, 04:44:34 PM
Excessive gambling can be a sign of addiction. A gambler is addicted to gambling when he feels that he is losing regularly in gambling but is unable to quit gambling even after losing regularly. Gambling addicted to gambling and gambling as a hobby have the same purpose, the purpose of both is to make money but the purpose of both is the same but the effect is different. A person who is addicted to gambling will have very bad effects of gambling but a person who gambles as a hobby will not have any bad effects of gambling. That's why we should enjoy gambling and take gambling only as fun as we have the chance to win money and gambling will not have any bad effect on us or my family.
It is very difficult for gamblers who are addicted to gambling to admit loss from gambling. They will continue gambling again to recover from their losses or to chase their wins again. However, they tend to want to continue gambling because gambling has become their passion to fill their free time. His goal in gambling is no longer looking for fun and entertainment but has changed, but he himself doesn't know what his goal is now. He just felt that by gambling, he could feel comfortable and not want to do anything else. It will be more dangerous when he only spends his time in the casino without doing other activities because he could become a person with a very serious gambling addiction. And if that happens, it will be difficult for his family because they will definitely be confused about how to cure him.
Responsible gambling can be fun and exciting. In contrast, the situation you describe is very different. When this happens, gambling goes from being a fun activity to an all-consuming addiction. Individual's inability to notice his changing goals is a problem. Isn't it strange that the bettor looks for comfort in something that is clearly leading to a problem? There's more going on here than just passing the time; it's a deeper psychological trick. It's dangerous because, as you said, it could ruin his finances and have a big effect on his family and social life. What is the best way to balance the thrill of gambling with the possibility of bad things happening? Finding the thin line between love and addiction is very important. Support systems are very important in this situation; being aware and acting quickly are necessary. But how can we make sure that the appealing nature of gambling doesn't make us forget how important it is to be self-controlled?
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