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2381  Bitcoin / Bitcoin Discussion / Re: Combination of the young age correlated with Bitcoin for the future on: November 23, 2023, 08:51:47 AM
Bitcoin owners, especially young ones, are often in the same situation as your friend. Take a look at this: Bitcoin is often called a "safe haven," but it can go up and down in value. It can go up or down in value depending on many things that are out of a person's control. Not only should you think about the money you could make, but you should also think about your life goals and your ability to pay your bills.

First, if I were him, I'd check my bank account to see if I have enough cash saved to cover my current needs. Have I made a variety of other investments? Reliance on a single asset type, even one as promising as Bitcoin, is risky, so keep that in mind. Its important to diversify.

Also, think about the psychological side of it. "HODLing" during times of high volatility can cause a lot of stress. Finding a balance between cash goals and mental health is very important. Long-term goals, not just short-term gains, should guide the choice in the end. Is he saving for a certain reason, or is this purchase part of a bigger plan for his money? The answers to these questions might help him make a choice more than just guessing what the market will do.
2382  Bitcoin / Bitcoin Discussion / Re: Bitcoin as an overachiever on: November 23, 2023, 08:44:24 AM
Bitcoin's rise since 2009 is astonishing, especially compared to gold and diamonds, which have been there for centuries. That being said, its important to temper this passion with some analytical rigour. Why? Despite its skyrocketing value, Bitcoin is still vulnerable to price drops and legal ambiguity. This doesnt diminish its value; it emphasises the importance of clever investing methods like DCA

Im more interested in how Bitcoin fits into money's evolution. Its more than an asset - it changes how we see and use money. Besides money, cryptocurrencies' decentralisation promises financial freedom and new ideas. Thus, while acquiring Bitcoin may allow families to pass on wealth, its true value may be in its power to revolutionise our financial institutions. Bitcoin is a component of a financial future that will transform everything, not just an investment.
2383  Bitcoin / Bitcoin Discussion / Re: Bitcoin Vs Monero - Privacy as the world becomes more dystopian on: November 23, 2023, 08:19:44 AM
I really like Bitcoin, but its been harder than I thought to get into Monero. Monero is becoming more popular is correct; its privacy-focused features are what make it so popular. But it's impossible to ignore Bitcoin's established power and wider acceptance. Why is Monero's privacy a double-edged sword? It does give you anonymity, but there is a steep learning curve, which could stop most people from using it.

Monero's non - reliance on ASICs for mining democratises involvement, but one must wonder whether this makes the network more vulnerable to centralization as mining becomes more profitable for those with better hardware. You talk about Coinjoin and Lightning with UTXOs in Monero. This is interesting, but its not easy to make these work together. Its a complicated interaction between two different systems, each with its own quirks.

Even though Bitcoin has problems with fees and scaling, its network impact and constant improvements are too important to ignore. You are right to tell people not to ignore Monero; it is an interesting option, especially for people who value privacy. But its important to keep your excitement in check by being realistic about the pros and cons of each coin.
2384  Economy / Trading Discussion / Re: What you need to know about trading on: November 23, 2023, 07:49:55 AM
Trading is, in indeed, a tough field with no one-size-fits-all strategy. You're right; its not just sunshine and roses. The sea is rough, and each sailor finds their way around it in their own way. Traders often believe they will always be successful and dont think about the fact that they will lose money. They enjoy wins but fall apart when they lose. Why? Its a mental game; resilience is key, yet so hard to achieve. Losses arent punishments from God; they're tests that push us to grow.

Every trader's rule book is unique. Your strategy might be another's downfall. Personal tuning is what its all about, right? The problem here isnt the loss itself, but how people see it. The smart people in these seas dont try to avoid storms; instead, they learn how to sail better through them. When trading, one's own expectations are often their biggest enemy. The key is to find a balance between hope and truth, between ambition and humility.
2385  Bitcoin / Bitcoin Discussion / Re: Bitcoin vs Altcoins on: November 23, 2023, 07:24:10 AM
You are certainly among the few that understand my perspective. ETH is an altcoin with newly $300M mcap and some people still think less of it. As a matter of fact, ETH started the 2020 bullrun before BTC followed up and we might see a repeat of it in the next bullrun but it might not start with ETH this time. There are several altcoins with good utility and fundamentals but perhaps we are too sentimental to see it because of our interest in BTC. No doubt no altcoins can contend with BTC but we should also remember BTC didn't just became big overnight. There was a time when many people doubted it and wouldn't buy it despite been less than $1. People categorizing altcoins as shitcoins obviously don't know anything imo because shitcoins are memecoin that follow hypes unlike tokens like ETH, KAS, BGB, SOL and some unique altcoins that have amazing utility

What you need to know is that price is not a benchmark for saying that a project is very fundamental. You know how speculative this market is, both now and in the future. There is a lot of speculation going on so for altcoins don't be too optimistic in seeing things. Whether you admit it or not, the most optimistic is none other than BTC.
Pretty good point buddy.
We are now in a market where the nature is manipulative especially for altcoins and some projects that can be said to be garbage that actually makes you complacent with the scheme that always happens.
We are not in a gambling system if we talk about investing and prices are not always a benchmark because in the end if we really want to invest then the best is still bitcoin.

This may sound quite cliché but at the end of the day we all have experience how altcoins work and I was also in it a few years ago and as a result I have the same answer as everyone else where btc remains the top choice for the long term because even though altcoins are a condition where it can be more profitable but in the end the risks are also much greater.
Altcoin markets are risky and fraudulent, making Bitcoin a superior choice. Isnt this view too simple? Its not black or white to invest. Many agree with your opinion, however you dont explain the market. Although Bitcoin has been stable, it can fluctuate and be affected by legislation. However, altcoins offer variety and better returns despite their volatility.

Your experience supports your Bitcoin preference. However, isnt investment personal? Altcoins' high-risk, high-reward nature attracts investors. They may take bigger chances since they know more about projects or are betting on new technologies. It depends on how much risk you're ready to take to gain more money, or you can stick to Bitcoin. Its not only about returns; be prepared for danger.
2386  Economy / Exchanges / Re: Who's next in line? on: November 23, 2023, 07:03:57 AM
The SEC's recent victories are not just punishments; they are a clear call for more care in cryptocurrency. There is a lot of uncertainty about who will be next, which means that groups that dont follow the rules will eventually be punished. At this point, its either time to adapt to strict regulatory frameworks or face the results. The next target? Most likely, an exchange or CEO that doesnt think the SEC will be able to stop them.

These high-profile cases and fines show a bigger story: people are becoming more interested in how to regulate cryptocurrencies. Every fine and arrest shows how important the business is becoming. interest leads to concern, and controversy leads to interest. This pattern of legal action isnt just a punishment; its also an unintended promotion that brings cryptocurrency to the public's attention, ignites discussion, and engages more people. The more controversial a problem is, the more people and government officials are interested in it, which will change the future of crypto in ways that all OG investors have predicted.
2387  Bitcoin / Bitcoin Discussion / Re: Do you foresee crypto payments going mainstream soon? Why or why not? on: November 23, 2023, 06:38:16 AM
Indeed, cryptocurrency is at a very important point in the history of money. There will be problems along the way to wide use, but it has a lot of potential. Although crypto payments have potential, lets not ignore the big problem: cost-effectiveness. They cost more than traditional ways of payment right now. Take a look at this: cryptocurrencies offer the best protection and privacy, but the fees for transactions, especially small ones, often outweigh the benefits.

However, there's a flip side: credit payments. A credit account, bonuses, and ease of use arent the only things that they offer that crypto payments dont fully support yet. But does this mean we dont believe in crypto's future? Certainly not! The way technology has changed over time shows how adaptable and creative people are. Cryptocurrencies might change over time, making them cheaper and easier to use. The future of banking isnt set in stone; there are many options that could happen. What does cryptocurrency have to do with this? It is important, but the strategy needs to change for it to really shine.
2388  Bitcoin / Bitcoin Discussion / Re: Largest crypto exchange CEO arrested! Anyone getting deja vu? on: November 23, 2023, 06:12:57 AM
Its interesting that CZ's position is similar to Arthur Hayes'. Yes, there was a Bitcoin rise after what happened at Bitmex. What causes these wild stock market moves after major lawsuits? Its not just coincidence; its human psychology at play.

Investors often see these events as governmental clean-ups that make the market more stable. A tree falls over when you shake it, but the tree stands taller afterward. This cleaning gives investors confidence, which leads to good market movements. So, history doesnt really repeat itself, but feelings do. In the case of Bitcoin, it seems to reflect the overall bullish mood after regulatory moves. This trend shows how strong Bitcoin is and how the crypto market can adapt and grow even when things go wrong.
2389  Economy / Gambling discussion / Re: Cash out or keep playing? on: November 22, 2023, 03:29:02 PM
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I think that one of the reasons for addiction is because of the lack of responsibility of people when they gamble, because at that moment when you are in a casino many things are played, the first is that we are older, adults, and we must assume everything. What we do there, we risk money, and for this it is very easy for things to get delicate, but who likes to lose money? No one, not even the most multimillionaire person, does not like to lose money, that is something obvious, so before all this, we have to consider all these points and also know a little that casinos have their house advantage and that it is not easy win, for this I have always said something very clear, before entering a casino we must establish our budget, that is, our money willing to lose, so that there is no type of regret if we lose it in a game session, the important thing It is to establish that so as not to deposit more money, because if more money is deposited it is most likely that it will be lost.

Not all cases are like this, but the highest percentage of cases and all cases always work like this, it is very strange that when they deposit more they can recover the losses, then it is recommended that they do not do it, and once they have established the amount of money willing to lose, it would be very good for the person to play intelligently and not bet a lot of money at once, because you can lose very quickly and you will not enjoy anything at all, if you do it well, you can play, dissferutar and may even win, which is what is sought.

We, as gamblers, must avoid losing money in the casino at all costs, which is why some people who fall into addiction can lose a lot of money, and losing a lot of money does complicate things in their lives, so things must be very measures in these cases, you must always have control of everything so as not to have bad times and to ensure that those times do not prolong.


I have an idea: educational programs for gamblers. Does that sound strange? Maybe, but give it some thought. People could learn how to gamble properly if they took a course on smart betting. Wouldnt that change the game? We could talk about tactics, how to handle risks, and even the psychology of gambling. Make bettors smart players, not just hopeful risk-takers.

Also, lets add some tech flair with gambling apps that have boundaries and learning tools built in. Imagine a gambling app that not only keeps track of your money but also gives you real-time advice on how to gamble smart.

Turn gambling from a hasty run into a planned marathon. The three Es of smart gambling are educate, equip, and enable. Its not enough to just not lose; you should also play smart and enjoy the experience, win or lose

It is a great idea, to do something like this, I think that the people who take this combination will not have addiction problems, at least they will know their own limits of having their capital and knowing how to manage it, as well as having a great time, things It may be like that, in fact if many of those who are now addicts had been given some advice, this type of thing could have been avoided, but that is not the case, we must be very emphatic about this, for example we have a case where A person has never been to a casino, but because of this he has had the best experience in 2 or 3 years, and he took it all to a casino. If the person is not so intelligent, he risks all that money, thinking that it is a lot of money. , and that he can probably multiply it, maybe yes, but if otherwise it doesn't happen, but he loses everything, how will he do it? What things could I do? It is not at all pleasant that the effort of a few years collecting and saving money was spent in a casino that did not last any time compared to the sacrifices that could have been made to be able to have that money.

Every player knows that the moment he enters a casino, the money that is there, he can lose, but how much are he willing to put at risk? It is not known because Each person has their own way of playing, and that is something that cannot be denied, we all do not think the same nor do we have the same economic capacity, therefore when we make any bet , we have to think about all the consequences. , both in losing and in winning, if you win, then it is not worth betting at all, because you can lose, that is not the idea, nor can you play with a pattern or with a strategy, sometimes strategies or patterns In the game it does not exist nor does it work, nothing makes us win with a formula or something like that, we always have to devise or find a way to have some luck by applying something in particular, that is why it has to be done Well.
                        
Correct; knowing your limits is key. Not everyone has self-control. Your addiction advice and prevention are spot-on! Its problem? Casinos make money, not hugs. And strategy or luck? Truthfully, luck is the main factor. Strategies may give you control, but the house always wins. Whats the lesson? Take risks, enjoy the game, but stay alert. You must know when to get off this rollercoaster. Remember that the house always wins in gambling, so play smart and have fun.
2390  Economy / Gambling discussion / Re: Advice when you are going a bit far in gaming and betting on: November 22, 2023, 03:08:02 PM
A gambler must control himself when gambling. If a gambler can't control himself in gambling then he will surely face huge financial loss by gambling. Gaining money by gambling leads to desire to gamble more and even if gambling results in loss of money, the desire to gamble to turn that loss into profit results in a gambler not being able to make the right decision even if he wants to. Gaining money or losing money by gambling should be considered normal. If you win money by gambling, you can't get too greedy and think about gambling more, if you lose money, you have to take a break and plan the break properly and think about gambling again. If we only think about gambling without taking a break, we will see that our chances of losing are greater than our chances of winning.
Self-control in gambling is really necessary to prevent large losses so that gamblers can gamble just enough. But when a gambler can win a certain amount of money, if he can still control himself, he will not be triggered to continue gambling because he knows that it could cause him to lose again. He will think about stopping gambling and resting after he finishes gambling because that is what he needs to reduce tension after playing. If he continues gambling without thinking about taking a break, he will not be able to control himself and it could cause him to chase even bigger wins because at that moment, his greed will increase so that he will lose control of himself. That is why, with self-control, we can prevent ourselves from gambling excessively and save the money we have so that we can use it to gamble another day.
Yes, gambling self-control sounds like the golden ticket, right? In addition to not losing a lot of money, its about the adrenaline! The risks are known, but they want to play "just one more game." Why? To enjoy! Not only the money, but also the game, setting, and experience. Truthfully, gambling has pros and cons. Winners may feel elated and unbeatable. Thats a problem. Know the game, not just stop when you're up. Not knowing what will happen is hazardous and fascinating. Exactly what gambling is! Chance dances with self-control. Bet for fun and excitemen. Mind that its a game. Know when to stop in any game. Learn from hard situations and enjoy good ones. Gamble for enjoyment, not profit.
2391  Economy / Gambling discussion / Re: Have You At Any Point In Time Blame Who Taught Or Led You To Gambling? on: November 22, 2023, 02:48:58 PM
Blaming someone for introducing you to gambling? No, I never did that! The truth is that gambling, especially in games like Fiesta's color game, appeals to our love of risk and excitement. Remember, personal choice and control matter. Yes, your friend showed you the game, but you held the dice. Every roll, every bet? It was you. We've all joked about 'blame' when things go wrong. Deep down, it's like eating too much candy then blaming the store, right? We know the risks and stakes, but we jump for the thrill. The highs, lows, and excitement of the unknown are all part of the fun of gambling. Games are supposed to be fun
2392  Economy / Gambling discussion / Re: Have you ever been a gambling addict? on: November 22, 2023, 02:30:09 PM
Gambling is a very serious addiction who gets completely addicted to this addiction will lose all happiness and peace in his life he will always be in depression. An uncle I know is completely addicted to gambling now he likes to spend quiet time for gambling. He is now like  At one point he lost all his money and property. Now he is neglected by his family. His family does not look at him as well as before. So we must always be careful of gambling. So that we can live together with our family.

Family shoudn't abandon one of their own, didn't they know he was an addict to look for ways to help him. If family are observant, they can notice when one of their own is going through a rough time in life. Addiction isn't something you fight alone because you can't defeat it alone. You need professional assistance from people that have dealt with similar problem before and also need the encouragement of your family members or love one so you have a reason to keep going.

I haven't been an addicted gambler but I know people who have been addicted and they're doing better now. One way to help an addict is to understand why he's addicted. People get addicted for just loving bets while other individual get addicted because they're looking for money and depends on gambling. For this type of individuals, as you help them also provide them with opportunity to earn without having to gamble and they'll stop been addicted.
Being addicted isnt just a personal battle; its caused by a lot of different psychological, social, and sometimes genetic factors working together. Obviously, paying attention is helpful, but its not the only thing that matters. Regarding skilled help, you're exactly right! It is important. Lets not forget the fun side of gambling, though. Its supposed to be exciting and fun, right? That rush of energy and the tension!

Now, the most important thing is to understand "why" addiction happens. Sure, people bet for fun or to make money. But when you look more closely, its usually about the thrill and the escape. So, lets not make fun of the fun part while we're helping. Its possible that the answer is not to quit all at once, but to find a better balance, right? Give them options that are just as exciting but dont involve as many risks. That energy needs to be redirected, not just pushed down!
2393  Economy / Gambling discussion / Re: The madness of gambling addicts. on: November 22, 2023, 02:10:51 PM
It's not like that, but most of them are like that because they can't control themselves properly, so they gamble continuously because they have become addicted, and basically the human mind is easily tempted by advertisements on the internet, they are already interested, especially when they play, and what I know in my experience, beginners who gamble will be given a small win to attract them deeper, even though they know it's an attractant but it doesn't guarantee them to stop there, surely they will return to gambling and continue like that until they experience gambling addiction. In fact, when they have experienced addiction, it will make them turn into a more sensitive person, and in my opinion, relationships with lovers will also be affected, even with family, even if it will happen if they are severely addicted, I say this because according to the main topic "the madness of addicts", drug addicts or gambling are equally bad, both of these will harm themselves in terms of finance, health, and relationships. More or less, their friends will stay away because they don't want to get carried away with this dangerous addiction. And remember they need to be able to control themselves before gambling.

Not loving our self, will affect others not to love us. Gambling addiction, helps our loved ones to some extent, to stop loving us in future. They'll pretend to stick by us, but when the addiction doesn't allow us enough time to think properly, they, our loved ones, will find a way of adjusting their friendship with the addicted person. It's certain that most indoor gamblers expose themselves to gambling addiction, because their actions are hidden. And can hardly be traced by other people around them. It's normal to find a person we can trust, as gambling newbies, could be a gambler, and discuss our new habits, and how it's affecting our daily activities. Because most of them don't enjoy the money won, which is attributed to greed. They easily get glued to gambling and forget about other exercises like reading and working out. Which they used to practice before they became gamblers. Such a new development, opens an avenue for questions. Close family members can query him. Nothing can be hidden for so long. They can ask questions like, I hardly see you reading, like before, what is it that replaced your reading habit? The way we ask the question also determines if they'll tell us the truth or get cunning about their answer. Asking such people questions like "what's wrong with you?" may not be effective. Because within them, nothing is wrong. Hence, having a discussion session with them using questions to steal the truth from them can be very effective. The reason, which is bad, why people or friends avoid addicted gamblers is, they feel nothing can be done to help. Some only get concerned, if the addicted person now steals or borrows money from them without paying back a dime. If not for actions like that, the addicted person will be allowed to waste years in addiction, provided he uses his funds to finance his bad habit. Thereby leading the player to a more difficult situation, as getting depressed. 
Dont love yourself? Gambling is to blame!” Isnt that too simple? Chance doesnt deter people. Beyond that, its about limits and understanding. You say gambling addicts are hard to find. Okay, everyone has quirks. Knowing your limits and playing the game, not letting it play you. What about gambling replacing hobbies like reading or exercising? Could it be another project for you?

This assumption that cunning questions might fool bettors into stating the truth is absurd. No gambling, lets be honest. How you handle balance is key. Lost people - thats life, right? Lots of possibilities and hazards. Just another gaming element is betting. An enjoyable one!
2394  Economy / Gambling discussion / Re: When does the moment come when the gambler loses control? on: November 22, 2023, 01:50:38 PM
Chasing defeat is what makes it difficult for them to control themselves so they become addicted because they always think that if they keep doing it they will definitely get the results they want, indeed the saying once said "effort will not betray the results" so they continue to think that if they keep trying to chase defeat they will achieve victory. They shouldn't have thoughts like that because the concept is different, we can enjoy gambling happily if we don't think about winning and losing so that we can be more controlled in carrying out gambling activities comfortably.
Chasing losses can make gamblers lose control because they will think about their losses and need to be able to recover their losses. It wasn't good for him because with his emotions rising, he wouldn't be able to think clearly but would only want to recover his losses. He actually knows that this could pose a risk of losing more money but he doesn't seem to care about it because, with his increasing emotions, he just wants to get the money he lost by continuing to gamble. That is why a person must continue to practice self-control so that he can restrain himself from wanting to recover his losses and accept his defeat. If he loses at gambling today, he can still gamble again on another day, and maybe he can be luckier. But to recover his losses it would only make him lose self-control.
The old 'chasing losses' routine! Serious gamblers consider it a rite of passage. Self-control loss? Friends, its game. Consider: whats a bet without an emotional ride? Gambling is unexpected, heart-pounding, and exciting. Self-control? Please. Not a monastery, but a casino. Riding the highs and lows is key. Accepting loss is for quitters. A true gambler knows the next big victory is imminent.

So he's confused? Good. Chess players overthink. Gambling requires gut instincts and some recklessness. The fun is there! Embrace turbulence, gamble, and who knows? Luck may smile upon you. Nobody talks about when they played it safe and went home.  Roll Eyes Roll Eyes Roll Eyes

2395  Economy / Gambling discussion / Re: Question for those who loose too frequently in gambling on: November 22, 2023, 01:35:32 PM
~snip~
 I feel anyone can quite gambling, with the right mindset and determination you can actually achieve anything. They don’t have to wait till something bad happens before they learn, though quitting an addiction is not easy and they must always be relapses and the urge to go back again. With the right psychological treatment and right people to encourage you, you can over come whatever challenges. Talking to people about your gambling habits is also another way of therapy. Because when you talk to someone you tend to hear the truth and even get solutions in most cases, getting people view about something is good, try to understand their point of view and be open for anything.
   Some people don’t even know they are gamble addict, they don’t know how much they have burn into gambling until they cut back to their account to see how much was lose, this is why it is important to always go through your losses to keep in check of the amount of money spent while gambling. So with the proper follow ups one can quit gambling, they are countless of cases where people who were chronic gamblers but now don’t even wanna associate themselves with gambling activity. It’s all about the mind set !!
It all depends on your mindset, but what happens is that the mindset of people who gamble will always think about winning. Even when they lose, they want to recover from that loss and try to get it. They cannot realize that they have experienced a lot of losses and even made them go bankrupt. Because their desire to try to recover from their losses is getting bigger, they don't care about it and continue gambling. They really need help from other people who want to listen to their stories and want to help them solve their problems. And if someone is willing to help them, they can live what they have to live.

This requires recognition and awareness to accept reality because most gamblers who gamble frequently will find it difficult to accept reality. They will gamble more often and use more money because they think it can help them recover their losses and, at the same time, help them win. But the reality is very different from what they expected, and they should start to introspect themselves again and realize that they have made a fatal mistake.
Its really just a game of the mind. The thought of a gambler is always trying to win, so they lose, try to get back on track, and then lose again. Yes, the excitement and rush are addicting.


Wake up! Even though they're losing more and more, their brains keep telling them that the next bet is going to win. Isnt it classic? Its time to wake them up, but who is there? There is a circle that needs to be broken. Giving them help? Thats not easy. Its about facing truth and seeing the trap. People who gamble often dont see it because they're too focused on the next bet to notice anything else. There you have it: it doesnt. They're losing more and spending more. But lets not make gambling look bad; its just fun, right? Whats wrong? Not being able to tell when to stop. Take a step back and think again. Dont forget that its a game. Dont play at all or play smart.
2396  Economy / Gambling discussion / Re: Would You Crowdfund for a Gambler Who Has Gambled Irresponsibly? on: November 22, 2023, 01:14:52 PM
So you want to know what the meaning is of gambling wins and crowdfunding gambling losses? The truth is that gambling is a game of luck and skill. Some days you win and some days you lose. Should people who win give back? Okay, why not? Its a nice touch to share happiness. Crowdfunding for people who lost their rent money at the tables, though? Lets be honest here.

This has nothing to do with being cruel; it has to do with being responsible. When you gamble, you're having fun, not planning your finances. Donors to these kinds of groups are doing good things, but they are really just supporting a bad way of thinking. Putting a band-aid on a gunshot wound is the same thing. Encouraging? Could be. Wise? Not really.

Going to the casino should be fun and exciting, not a way to get out of making bad choices. Thats how it should stay. Dont use gambling as a crutch for people who arent smart. Keep it fun.
2397  Economy / Gambling discussion / Re: Two Carreer skill benefit of gambling on: November 22, 2023, 12:57:03 PM
Whats poker without a sharp mind and a sharper tongue, right? Some people gamble because they are good at it, but others do it for the thrill, the unknown, and the dance with chance. Each time you roll the dice or shuffle the cards, its like getting a mini-lesson in chance, risk assessment, and making quick decisions. Skills, yes, but the excitement makes them better! About those HR people now. Isnt it interesting? Its important that they can stay calm in stressful scenarios and make plans on the spot. What a seasoned player! There is a thin line between a measured risk and a reckless gamble, though, so lets not get too excited. How to open it? Playing smart by knowing the odds. Cheers to the risk-takers, who are the unsung business thinkers
2398  Economy / Gambling discussion / Re: Is this a good advice? on: November 22, 2023, 12:38:33 PM
I keep seeing gamblers advising themselves that you are one step closer to winning the jackpot when you quit too early,  it's sad that they strongly believe this.

Is this true?

When you are still gambling, you still have the opportunity to get it (Jackpot). However, winning in gambling is not something that we can predict with certainty that we will get a big win in the next game. A big win in gambling is something we can't predict, and being able to get that win is something we can't expect.
And the more often we gamble, the more often we will lose. So just keep playing naturally, don't be too ambitious about getting the jackpot, because when your luck comes, you will get it. Don't hope too much for something that we are not sure we will get.
Nothing is a perfect view of all situations of gambling, and for this, there is no perfect advice. It would be your own luck if you continue to play until you eventually win the jackpot and it would be your own loss if you continue to lose and might never hit the jackpot. One should just know their limits and plans according to their gambling budgets to avoid issues. As I am, I don't advise anyone about gambling but myself, this is because there is no perfect advice anyone could sincerely give, it's the gambler who should know what they are doing and be sure that they have a good reason why they gamble. Gambling is risky, and when you lose too much, you might want to think twice, and if possible, think thrice if you are wise so that you know the gravity of your stance and get to caution yourself.

You are also very much on point for not being too ambitious, those who possess this bad characteristic in gambling are the most losers. The reason for that is that their expectation to win is too high and if the success is not coming forth on time, they get discouraged and emotional and continue to play over and over again whether reasonable or not. By this time, they are already addicted and would be counting their losses rather than the aspired success.
Gamblers would really be telling those advises to co fellow gamblers on which it do seems that they are also making up some bets in behalf.  Grin

If someone do give out some advises on playing even more then dont take it seriously, play according into your funds left or simply with your allocation. Winning is something that cant be
determine on how long you are playing but on the time that you would be lucky. You could definitely be able to win even on just a single bet
if you are lucky enough. Play according into your preference without being that pushed up by some advises or something that do talks about
recommendations on how you should play.

Never ever make yourself that go beyond your limits and this is the most important thing when you do gamble.
Never ever spend the money which arent supposed to be spend in gambling then you should really be just that fine.
Advise from others should never change how you play. Why? Because every spin of the roulette wheel in gambling is a new game. You dont improve your chances by spending more time or listening to tips; its all about luck at that moment. The clincher is that safe gambling is very important. As the saying goes, "dont cross your financial boundaries."

Still, people who gamble are testing their ability to control themselves as well as their luck. When a big win looks appealing, can you stick to your budget? Its there where the real win is. One bet can change everything, thats the fun of gambling! Let the dice roll, keep your cool, and watch your spending. The biggest payday in gambling? Keeping control, no matter what!
2399  Economy / Gambling discussion / Re: What I've learned so far as a gambler on: November 22, 2023, 12:15:25 PM
No one actually visits the casino to have fun, you gotta trick the mind, I like to think of it has a fun night out and I am going to spend a few hundred dollars and have a good time and if I win it's a bonus, like I've said, you gotta trick the mind.

Always remember this, you are there to win a game where its statistically impossible to win at, it's not impossible to not understand this about gambling,
There are actually some person's who visits casino for fun.
They basically make stakes all just to gear up for seriousness because if they seats on the gaming tables they are literally unserious so to take and accept it a challenge they just have to make some stakes and in such categories of persons wins, he doesn't really fill excited like winning an award and the other that looses doesn't really feel the lost because he has already projected such amount lost for a fun on the gaming table.
They probably might not be gamblers but yet spend their funds challenging the gambling tables.

I can then say there are 3 categories of persons that gets on the gambling tables which are>>>

*Addicted gamblers

*Responsible gamblers.

*Fun gamblers .

Aside this side of my view, it is always wise when you have to gamble tactically in the manner that you can take control of your exciting pace just as OP has illustrated else the game may turns biased against your excitements.

The art of gambling is basically >>> Learn to control your emotions either at winning or loosing. Learn to walk away and don't even tend to stay around like you are a referee else you would be tormented to getting on more staking to further your gambling. Such scenarios mostly ends up with "regrets".
Your analysis of people who go to casinos is spot on, but it only scratches the top of how people think about gambling. Sure, those are the main types of gamblers: addicted, responsible, and fun. But what makes them do it? It's not just about keeping your feelings in check; it's also about the thrill and challenge! For people who gamble just for fun, it's a dance with chance, and the risks are just little pieces in a bigger game of fun. Gamblers who are addicted look for a way out or a rush, and they often don't care about the results. Which one is responsible? They use tools to figure out the odds and know when to fold.

The interesting thing is that gambling is a lot like real life. Taking chances and making choices when you're under a lot of stress. Okay, you say, just walk away and keep your cool. That's easier said than done! Controlling yourself isn't enough to be good at gambling; you also need to know how the game works, the people who play it, and most importantly, how you play it. There is always a fight, not only with the house but also with your own limits. Right there is where the real fun is.
2400  Economy / Gambling discussion / Re: Gambling is not a steady income haven on: November 22, 2023, 11:47:49 AM
On the contrary, it’s not very easy to make money in gambling. Perhaps notions like these are what makes people go into gambling hoping to make easy money quickly only to later realize after having bad losses, that it’s not so easy to make money with gambling.
Of course, it’s great to win money and most people would love winning money but the desire to win money should not cloud any sense of judgement. It’s not that easy to win money in gambling and if you do win, don’t be in a hurry to stake more in a bid to win more else, you’re going to be very sorry.
Of course you are correct because that has been one of the factors that has been luring many people by joining gambling on a daily basis because there mindset is that gambling is the easiest way of making money without knowing that gambling doesn't work that way, but however gambling is like the more you feel you can win that's the more you are losing.

Because just like what happened to someone last week on a betting shop, he saw a game that he believes is going to play and he was so confident that is going to win, so he put all his money on that single bet with the intention of wining big but little did he no that he was making a terrible mistake by putting all his money on a bet, so however at last he lose the bet and became very upset considering how he just lost all his money because of greed.
Gambling isnt for people who are easily scared or don't know what they're doing. The story of your friend? A classic case of what not to do. Putting a lot of money on one result shows that you dont have a plan. But lets not say the same thing about gambling .

There are smart players out there who are making a lot of money. They know when to fold, do their research, and play the chances. Thats not all; its also about being smart. Gambling isnt bad in and of itself; its how people do it thats often wrong. Quick money? A story. But steady wins by taking smart risks? For people who know the game, this is a fact. Yes, gaming does have risks, but lets not forget how rewarding it can be if you go into it with the right attitude and plan.
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