If our predictions are correct, it is fun and makes us happy. But there are times when we will lose because our predictions are wrong in estimating the team that has the chance to win, which may have happened many times before. Having money used to place bets is what makes gambling more fun, especially when we win. But when we lose, we will not feel happy and will be sad and disappointed because we lost. But we still place bets on other matches because we know we can win in other matches. But we should not consider gambling as the main source of income, especially if we do not have good analytical skills. It's better to use it as a means to have fun.
Ahhhh yes when we do gamble and our predictions are correct it is fun and makes us happy, but when you win the greed is there waiting for you to grab the feel. Besides that for me when we gamble Win is just a bonus and if we set up our budget for playing games like this gambling with real-life money win or loss is still in the line. Yes loss makes us feel sad at then of they day but if we only do gamble for fun and still in a budget loss or win we might still find the fun in a game. That is the problem because at the moment we win, instead of having a break we gamble more which turns our winning to nothing but a losing end. And I could really feel this thing because I was in that situation until I controlled myself from greediness and thought that luck doesn't come always and you are right, it was just a bonus. Gambling responsibly is the best thing to do. It was admitted that was hard to follow but if we are into the determination to do it, it can be possible. It takes time to develop, from practice to habitual. |
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Forum Rank: Hero
Bech32 Address: bc1q0dur6y9kzx76tg980qwedyxtwc9zpm76y3cw4q
Will change signature and avatar once accepted.
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Gambling responsibly was indeed easy to say but was really difficult in real life. Temptation is always there in gambling and even though we've been gambling for many years, such words' limitations are hard to follow, most of the time we exceed the limit because of common thinking - what if I could win more and be lucky the next round until we realize that we overspend already.
Maybe a few gamblers did this but the majority are not. That is what exactly happened to me and I admit that the moment I win, I don't even think about stopping as I gamble more.
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You must have a source of income if you must succeed in your holdings.
...
It was been said and based on my experience, it was difficult or even impossible to have financial freedom if we only just working and reliant on our salary. A lot of plans turn into just a dream that never happens. Perhaps, it is very challenging but we should get out of that situation by finding other ways - there's a lot for sure and only we need to discover them. We don't need to live in our comfort zone but rather get out of it. Many people become a successful business, we can be like them as well. We just need to work hard and don't make a reason that we are poor, instead make this a reason to grow and find a better living not today but in the future as success never comes instantly. As long as we can wait, it will come momentarily. |
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I can't say it was impossible but honestly, that is way too far to reach. But it was really worth it to invest if ever we reach that price? Or does it only add more worries and risk?
We already have this great achievement of Bitcoin and reaching almost $70k at its peak is remarkable. I don't think there is a concrete reason that brought Bitcoin price to a million dollars because even reaching $100k is already too expensive thous we can apply the DCAing strategy. Poor people will no longer invest in Bitcoin anymore if that ever happens in the future.
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Whatever we do, having self-control is quite important. Many people not just in the investing industry have failed but also in others like businesses because of the lack of control and planned activities will certainly lead to major losses and failures. Keep in mind that every single mistake we make has something that ends with bad results. Therefore, it is a need for us to think several times before proceeding to what we think. Failure is not a thing to be afraid of but avoiding them is necessary if we know that there is a way. We can't think right if we never fail, so let us accept that this is gonna happen in real life.
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And if they experience more losses because they have spent more time, they should reduce their gambling time or activities because they could experience more losses. Using more time to gamble does not guarantee that they will win, but they can lose more than before. For this reason, they must be aware that the decision to increase their gambling time does not need to be taken to prevent more losses.
We must reduce or limit our gambling activities to prevent large losses. And we can still enjoy gambling games with enough time, especially if we only gamble for fun. Those who want to gamble longer should be able to think about the risk of losing more, which could cost them all their money.
The more time a player devotes to the game, the faster he will lose his money (if he does not reach the jackpot). In general, I am not against the fact that a player spends a lot of time gambling, but then he must answer the question of how he wins, if he is sure that he will win in the end, be it the casino or other players. Does he develop at the same time, such as poker skills, does this happen every day. If the answer is yes, then that's good. But if a player presses the button and spins, hoping only for luck, then I’m almost sure that he will lose everything completely, because there is no development at all in this type of game. How does he imagine his future life, for example, in 5 years, he will still press the same button and the jackpot will fall on his head? I doubt it. Sometimes I even think that these are just lazy people who don’t want to do anything. Maybe it's time for them to think about it? No doubt that the more we spend time gambling, the more we spend money at a loss. But I just wonder why many people are still doing this despite the know the possible results. Maybe in the reason that they have been chasing back the losses in the past days and they keep thinking that luck will come around so they keep gambling. And such kind of thinking leads them to another loss, repeated again and again until they are found guilty of their wrong assumptions and decide to stop. Unless we are rich people who don't care about losing. But for poor or average people, this cannot be and should not be made habitual, or else, they just fool themselves. |
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Those who think big and take risks will always find ways to improve and succeed but if we always feel uncertain and afraid, nothing we get but to remain where we are today.
Just like hearing many people regretting for not buying Bitcoin earlier and the reason are just the same - luck of trust and doubts.
But no doubts that early investors had made their right decision and having a proof of the potentiality of Bitcoin. Not all are able to understand and appreciate but have been said that only those who have guts to take risk will be paid off. If we can just turn back the time, I was too certain that if not thousands, probably millions of people will buy Bitcoin.
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Some people are the opposite, "enjoy life while still young as we cannot do it anymore when we grow old".
That is why many people got old and broke. Many individuals who have huge salaries/incomes end up relying on their pensions.
It is for someone who can think and prepare for their future, they are working hard at a young age, have savings and business, and enjoy life at 40 years old. While some people are working hard and have a luxurious life every day, at the age of 40 they are still working to sustain their living.
It is a choice and what we do it now is also what we harvest in the future.
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Trading is certainly an individual’s knowledge and skills, and should be developed on your own self through accumulation of first hand insights and experiences that will definitely build you to be a reputable and reliable trader. If you can do that successfully, most likely majority of your trades will create a positive outcome, and a successful profit.
While trading can be build and developed all by yourself, a lot of us here are still seen being reliant to other’s market analysis skill and knowledge because they have seen successful trading from them. This makes an unhealthy trading because you depend your success from other people which I think is certainly not a good practice for a responsible trader.
A copy trading comes from the thinking that they could make a shortcut in trading and earn a profit faster. They assume that by following these successful traders and using their strategies they could be like them which is very unfortunate that never happens in real life. Many traders have been in such a situation and yeah, they all had failed. Because in order to succeed in trading, we must trust ourselves more than we trust others. To reach success, we also have to carry ourselves there. We may learn from others but that doesn't mean that we have to rely on them for a long time instead, continue our journey on our own. |
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The more we think about money, the more possible we fall into scams because these scam projects offer good-to-be true rewards that could really tempt someone. And very unfortunate that this is what actually happened to most of us before we found out that it was a scam.
- stay informed
- take extra effort to do research
- never rush
- be cautious in new projects
Legit projects don't offer huge shares but scam projects offer impossible things...it is easy to find them out unless we think always about money.
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gambling every day will get better, in other words, you will be closer to winning, it cannot be justified, in my opinion playing every day has the same chance of winning as playing once a year, those words are only to influence us, so that we fall into it, maybe we Can you see directly the condition of those who gamble regularly, do they win or lose more? Of course we know the answer  The answer is they even lose more than winning. This is not a kind of job or skill that the more we practice, the more we become knowledgeable but gambling is different. What we get from gambling every day is just experience but this never increases our chance of winning, if we are too lucky we still win even though we are new. Gambling every day never helps in general but instead, this would only contribute to more stress and addiction. Perhaps, this is not a good practice and this is not considered as responsible gambling. |
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So the earlier every newbie interested trader understands that the period he/she could use to seriously learn how to trade no matter how short the period could be in acquiring the right ideas/knowledge about trading to make you selfreliance, you'll be exhuming yourself from days to years of reliance on signals that not even have the potent to making you profit compared to that which comes directly out of your own self-made analytical work.
Newbies not know about the trading strategy and how to work it actually that's why they asking like this. because they think trading is easy and it can bring a good profit and it only require investment but they Don't know this is high risky and it require a potential analyses to get a good return of profit. trading not for everyone they actually not ready to accept it. but when they achieve some knowledge then they realize what kind of mistake they did on beginning lavel A common problem is that newbies pretend to be knowledgeable about trading but they are empty. They just know how to buy and sell but it is not enough to become a profitable trader, it actually needs deep understanding and technical knowledge. I would not recommend them to learn trading alone but better to have a trusted someone to accompany with. However, doing this would never be long at least gaining some experience and ideas about the real trading life will be good enough to stand and trade alone. In fact, everything can be learned as we continue to trade - learn from mistakes. Perhaps, nobody had started with full of knowledge and skill but they acquired this along the way. We can do the same for sure... |
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A successful doesn't just have a good market judgment but also has a good healthy practice. And over-trading is not a practice by them, it is just for those who are chasing their losses thinking that it could help to recover but not knowing this could also be the reason for incurring more losses.
I have noticed that over trading is the main characteristics of newbie traders and that is because of anxiety, greed, lack of self discipline. These factors will make such a trader to lose his emotion to control his trade. In fact, a new trader barely understand what is happening in the market and only what to chase every candlesticks like his mentor has mentioned candlesticks to him. Successful traders are those who have lost their money over the years and probably learn their mistake that they make and now get better with such experience. I believe a trader who is new and making profit is not yet successful until you have been experienced because at the time the profit is coming, it may be you are on the right trend but if the trend change, that comes the real trade challenge. Patience is important to be a successful trader. It means that we have to experience losses and mistakes first before becoming a successful trader. And it tells us that those who can't bear to accept struggles and market difficulties, can never reach their goal, they just give up and blame the market. That is why we could say that winning life in trading is too difficult because even though trading tools are given already but still we are not able to make it right, things are too hard in a volatile market. If we don't have the passion to do this, we never stay long. |
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We feel regret because we saw the price of Bitcoin keep on growing but many years ago, we felt worries about its future and decided to sell them earlier as possible. I see that negative thinking mostly influences us all the time, especially when a crisis comes.
Even though we talk about holding as the key to success, it is out from realization as people still sell their Bitcoin. I'd think that selling is normal because not all are long-term holders, some are impatient, and some always live in doubt which is pretty hard for them to hold.
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Hello senior citizens and my fellow newbies gambler's, now I gat a straight forward question for you all.
How do I prepare myself for my first gambling experience?
What are the things I should expect as a first time gambler?
How do we react to my first gambling results be it winning or lose?
Thank you all for your helpful opinions.
As far as I know, most gamblers who take up gambling for the first time definitely start with a little prior experience from someone. But when a gambler gambles by himself, that is the moment for him. It will definitely give a slightly different impression. Because the first gambling is exciting for a gambler whether he wins or loses. When I first started gambling I won there. I was very happy that day because of that win. I thought if I could handle more gambling this way I could own more money very quickly. But the sad thing was that the next bet I most likely lost. But I developed a great interest in gambling. A gambler will naturally be more excited for the first bet. I had the same experience before and I thought everything went so well and big wins. I don't think it was the program or protocol of the site to give newcomers a chance to win in their first bet in order to feel the excitement and think "I can make more money here" and gamble more. It is a welcoming experience, I see and real gambling comes next. Sometimes we could think it was a trap but doesn't matter, as long as we having fun, making more losses than winning is okay. This is gambling, luck doesn't come always. |
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Buy it while you can afford to buy it don't just wait with hesitation because of the empty hope that bitcoin will go down again because if that doesn't happen your opportunity will be lost so in this case as long as you are able you must make a purchase.
As for when bitcoin has decreased again, there is nothing wrong with buying if you still have money left over because it is also a good thing to do.
At least until now, i have done such a concept where I will buy regardless of whether bitcoin will go up or down but as long as i can afford to buy I will buy it of course with the money that is budgeted for the purchase of bitcoin because in 1 month I always budget some of my money to buy bitcoin every week.
Some people have the wrong idea of buying, they just buy when the price is going up but not during the correction because they think that it is easy for them to make money and not to wait longer rather than buying at cheap which they waited several months or years to earn a profit. But I have no claim if that strategy is right or wrong as we can make our own way of earning because what is important is that we all reach our main goal - PROFIT. In this market, we can't say when is the perfect time to buy but at least buying at a cheap price is best. However, it is not all about when to buy but also we need to learn how to hold. |
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Well, a lot of people assume that it is okay to invest in crypto without knowledge about this. They just underestimate the volatility of the market and think, I could make more profit without doing anything. They'll find it wrong and realize their fault after disappointments.
If we dare can't spend time doing research, understanding the market behavior, etc...we'd rather not try because as other members are saying, we only just fail and get hurt. That is why we should stop assuming it all be okay but rather prepare for the risk and enhance our knowledge because this is the only way it helps us to succeed or else, we fail.
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I can't picture out how it feels but if ever it happened, it would be a big shame on myself for not guiding them to the right path. As he already knows how to steal from me, he could possibly steal things from others. It should be stopped before it gets worse and before it becomes a habit.
Even though that kid won the bet but because it was coming from stealing, we could say thanks instead, telling them that it is not right and should not be happening again. This kid of behavior should not be tolerated or else, it is just like we are telling them to do steal more.
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