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- I enjoy gambling more when I win and I forget that I only lose a lot.
- I chase my money when I lose and notice after that even lose more.
That sounds so crazy that if we lose control of ourselves, it will cost a lot. That is why we should learn from our bad experiences and stay calm in all situations. We can't expect all-day lucky which is why we don't have to stay on the table all day as well. We can't be unlucky all day but must also consider that we don't know when it comes, so don't expect it will be in the next bet.
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Its important to take profit but the desire to want to make more will not allow us for that, there are many of our personal behavioral attitudes that contributes tot he level of what happens to us in trading and such is as a good example of this we are having discussion on, many could not afford to manage in taking profits and left until they found out that its already too late for them to leave after which the losses would have accumulated.
Attitude problems and market approaches are a big deal in trading. In trading, we need to be greedy, every chance to earn a profit is already a great opportunity that should not be wasted. In fact, the primary purpose is to earn, even if it is just a small amount, as a trader we need to appreciate it and stop thinking more as we never know what comes next. Many traders regret and even blame themselves as they fail to manage their emotions and greediness making them lose their money. |
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PBA have games today, 2 games to be exact.
The first game is over and NLEX again with a win. As usual, Bollick led the game on that win. And it's almost a triple double performance for him.
21 points
9 rebounds.
9 assists.
He is beginning to look like a really special player. I think if we want to see the TNT improve, they should have gotten Bollick as he is good at sharing the ball, making his teammates better and could really carry a team in a consistent basis.
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Scammers are everywhere, they will come and be their victim if we remain ignorant and greedy. They don't set a date for them to come, it can be every day as they don't look for the day but instead, they look at someone who potentially becomes a victim. In fact, they don't tell us that they are scammers and sometimes have been clever with their actions showing they are not scammers. Because most of the time, people just know that they are scammers when someone has been scammed already. That is why we should know who to trust and whom we should keep a distance but there is one thing we should have to do in order to avoid them and that is not to easily trust strangers especially when talking about money.
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With Mikey williams, Poguy and Oftana I think they've something to compete with but since Williams is no longer playing with them and Poguy is unable to help that much, Oftana can't take the whole responsibilities, still young and still need more help from his squad.
Speaking of Mikey Williams, I've read that he's asking for a max contract of $31k-$40k from TNT as the negotiation is on again. But then, there was a counter offer from the TNT giving him $26k with some perks that he'd surely like from having a free rent and free car. When he asked for a counter offer of $31k, there was no reply anymore from the TNT. I know that he's good and an MVP but this is more than the policy of salary cap of the PBA and they're allowing this to get spilled? What team can offer him this, maybe Converge? Also read the same article, and the fact that TNT is still pursuing him despite of that high offer, it only says that they really want him to be in the team. Williams will be very effective under coach Chot system because they need a player who can go ISO most of the time, and with his talent he is very fit to the TNT. Also, we should not forget that the first time Mikey Williams played with the TNT, they already won a championship IIRC. |
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Honestly, I wish I could do that. That was initially the plan however I sure realized that I do not have enough money to put into bitcoin as of yet. There are things to pay like bills and food and others. So, in my perspective it became impossible to buy bitcoin monthly. What I did though was I tried to save up money and when I think it has reached enough that was the only time I would buy bitcoin. Of course keeping in mind the price of bitcoin before I make the transaction.
Don't force yourselves to invest big if you know that you can't afford to do it. Invest only when you, buying once in every 2 months is good enough at least we invest. By continuously doing this it will become big in a few years. Investing is not a contest and there is no rush, instead should be planned well and step by step. Take time doing this but never take it too seriously, it is just like we are saving our money but through investing in Bitcoin. As the days, months, and years passed by, it gave us a return. |
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It is best you gamble when necessary not because you want to chase your loss and win back you money, many are victim of this circumstances and for me is a bad practice and this might make you not to employe your gambling skills and roles because you inhast in your decision making. What is your opinion on this?
Many gamblers goes broke as a result of chasing losses. Chasing losses is just like a child that is being beaten by an elder and the child is trying to revenge of which it is impossible to fight back because the elder is more powerful. Chasing losses is just a way of even running into more extreme losses than recovery. Undoubtedly, most person might still not understand the logic of not chasing their loss, if you win you win and if you loss you loss. It is best you accept defeat and stay in control, your gambling back should be more like is your first time and not for the purpose of wining back you loss by not being aggressively taken drastic decisions which may negatively affect you gambling position and potential. Winning is just a chance in gambling and by luck. If we chase winnings, that also we chase our luck and that is impossible. That is why we should not consider gambling as a source of income nor make this collateral for our debts. I know some individuals borrow money to fund their gambling habit and should not be doing so because this could be the reason why we get into chasing to repay their loans. We must know the purpose of why we are gambling because if this is to grow our money, then better not try as this will never happen. Instead, this will even compromise our financial stability especially when addicted. |
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I had an initial investment of 250 on Shib and now it's over 800. Should I sell and buy some other alt-coin or should I hold? Also what altcoin should I buy? Sorry for the stupid newbie post I'm just not optimistic about Shib since it's a poop coin haha.
Perhaps, it is a meme coin and maybe it is too early for us to think that it was already at its peak price but thinking the vulnerability of this project I believe that selling it now is a good choice. Besides, you make a huge profit already which is good enough to set aside and make at least a safe investment. Selling Shiba for ETH or other top altcoins is a great idea. However, this would still depend on your plan OP. We just think that this is a good opportunity already to earn, we never know what is next or if the price of Shiba will continue to rise during this bullish season. |
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When I used to trust someone from talking well and earning huge in using the said gambling game. I've somewhat got caught in my greediness making all of my earnings wash out in just a few days of addiction. I realized but it was too late already just after losing my life savings. It is simply and quite happens to most of us. Greediness could really end up in a terrible situation where you can't forget about it.
That is why I changed my mindset towards gambling and must not taken seriously when we think about earning huge. Not impossible but less possible. If we are gambling, we must ensure that we can stop in the time we want and of course, don't trust people who say fancy things, they are liars.
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Asking which is better day trading or investing? Well, that depends on your capacity and risk appetite. The most important is we need to assess ourselves and what we think suits us because it is not just we are talking about how much we possibly earn but we are talking about which one is ideal for us.
I can choose trading if I know myself I can do well or choose to just invest because there is less risk and no pressure. Or we can take them both. But why I suggest investing over trading because it is the simplest thing to do. Just Buy and Hold it for a few years, we can already earn money. But in trading, we need to exert effort in dealing with the day-to-day market volatility and also carefully analyze the situation before placing an order. That is a lot of hard work and patience.
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Buy high and sell low. This often happens to people who buy Bitcoin during peak and dispose of their BTC when seeing the marker decline.
But for me, it was not a foolish action they have made but just a big mistake for someone who doesn't know what it is all about.
FOMO - is also a factor making people decide to buy at the current price believing it grow more. Unfortunately, the market never goes smoothly and continuously grows, there are times that dumps happen after the pump.
It has been said that there is no perfect time to buy but at least, buying Bitcoin during corrections is more profitable than buying during bull season.
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Gambling addiction is not game specific, it is an individual challenge we have to deal with in the game we like so much that we go into addiction on it, we have develop interest on something and there's nothing bad in that, we have to know how we can make the balance in-between and allow the pace of satisfaction not to affect the way we are gambling, this also have to go along with our personal way of thinking, behavior and how discipline we are in gambling, knowing what is good for us and what is not and when to gamble or not, the simple conclusion is to be a disciplined gambler, if we are not, we can be addicted to any gambling games.
Specifically, there is no data available to point out which gambling games are people usually addicted to. But based on my observation in my place, I'd seen them addicted to the lottery. Despite their harsh living condition, they were still able to spare some money into this and even asked why. Their answers will make you think deeply and feel their sentiment. Maybe it was a good decision or wrong but these people got into buying tickets in the hope that one day they could win the jackpot price and make their life totally changed. They are poor and the only solution that appears in their mind is to gamble because even working their whole life, their salary can't make a change in their living, they remain poor until they die. |
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Investing in altcoins is very risky.No one wants to invest in it for a long time and also wants to hold.Because there are many records that many people have lost everything by investing in altcoins for a long time.It is used for quick profit.That is, investing for a short period of time and withdrawing in a short period of time.Investing in Earth Coin for a long period of time is absolutely unwise.Any profit from altcoin investment should be withdrawn.In this case more profit may cause more loss.I see no reason to invest in altcoins other than quick profit.
Investing in altcoins carries some risks just like Bitcoin as well. But there is one reason why Bitcoin is still on the lead because of its high potential long-term. Bitcoin is the best choice when investing in the long-term while these altcoins are considered for short-term deals. We have given options and we choose where we think it fits our risk appetite. I don't consider all altcoins to be profitable or let us say it give us profit in a short period. No, it says for the short-term knowing that these coins never last long as they just dump and mostly die after the price surge aside ETH. That is why we should never have missed the chance to sell our altcoins during the bull season as we can never expect it to rally back in the future. |
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Dallas looks to end their losing streak tonight. Luka is leading the Mavs and now leading 7 points, another triple double for Luka and great job for Exum here. Looks like Dallas are now going to be back on the winning column, just right on time as the playoffs is approaching.
Great game by Rozier as well, this is probably his best game as a Heat.
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After the Warriors took care of the Bucks yesterday, i'd expect they'll continue to win again by a decent margin and cover the spread even though they're both playing b2b, the Warriors still have the advantage as they're playing in their home court. The bad part about the Warriors is their tendency to give up too many points, and maybe that's why they're not so hot in covering spreads as a favorite despite being the third-best team in terms of ATS.  I'm gonna sit this one out. Both teams needs a win here since they are at the number 9 rank, and Bulls have been so competitive recently, if they loss they'll cover. This is a tough call mate, so I have to say good luck. My bet would be the the Kings winning and covering the spread against the Spurs, and the Nuggets winning at home vs the Celtics. |
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Patience not only helps you succeed in gambling but also helps you succeed in all areas of life. If a patient person can adopt a good strategy of patience in all areas of his life then he will definitely get success in one way or another at some stage of life. Moreover, in the case of gambling and trading, one should never rush to trade or bet on gambling because in this case these two things must be patient and well researched before betting or trading. Moreover, in the case of gambling and trading, these two things should never be accompanied by emotion or excessive greed because these two things always help to have a negative effect on the good deeds in a person's life. So patience and emotion control are very important things in life and if these two things are mastered then success in life becomes inevitable.
Indeed, it was different in gambling. What we just need is to have luck and don't be greedy. If we win our first bet, we have to go home rather than staying expect for more winning as this will just end losing as we can't assume that we are too lucky all day. If we also lose our first, 2nd, and 3rd bet, we better go home as well and try the next day rather than continuing as we can't assume that our luck come in the end, we never know yet and we can't totally be patient with that. |
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I'm not sure but still possible that there are a few who are using this. But for me, I don't find it a reasonable and wise thing to do when fees are too high. I'd rather use an exchanger to make transactions than of paying huge fees with these machines.
Maybe, this is the reason why the spread of Bitcoin ATM has not been too aggressive this time unlike in the past few years because the demand is not that big enough to keep the business alive and probably, it was not really profitable. In fact, we have a lot of options to send Bitcoin to another person.
If the developer will take actions to lower transaction cost that possibly encourage people to use this machine. I think they have to consider this but if not, this won't make us see a good option.
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The west does seem like more the wildcard at this point. The east seems like it's relegated to either Boston or the Bucks. I really can't see anyone else truly challenging. Sixers are interesting because embid can straight dominate but injuries. But 1-10 in the west it feels like such a coin toss. Gonna be a good playoffs out west this year.
Yes, if only Joel didn't get injured, it will be a good competition as well in the West, Boston, the Bucks and the Sixers trying to fight for the top spot. But it seems that Boston is taking it already, they are ahead by big margin and the Bucks losing tonight against the Warriors to also snap their winning streak after the all star break. And with that huge win by the Warriors, they are still in the playoff fight or at least play-in. But it's not that big difference in total wins in the West as everything can change in a month as who will make it straight right in the playoffs. As usual, it's going to be Bucks, Celtics and Heat who are likely gonna make it to the semi or ECF. Heat is still underrated until now as they haven't change a lot, but as we can see, they are still the same team that could beat any team in the NBA, even the Celtics. So as the playoffs is approaching, teams like the Miami Heat are going to take it more seriously so they will not miss the opportunity. I can't wait to see a possible match up between Max Strus and his former team, this should be fun. Butler vs Mitchell, a showdown of star players, although Mitchell has the edge in terms of atleticism but Butler's experience is going to be a big factor on the success of the Miami Heat. Max Strus vs JJJ. That's going to be an epic battle as this rookie JJJ has been playing like an experience NBA player this season. When Jimmy was out, the was the one who really stepped up, and now that they are complete and they have been playing with great chemistry, there's no more question anymore if they can upset teams in the upper ranking. Miami Heat is currently in the number 6 in the East, they are safe at this level as they don't need to be in the play-in tournament. It's also very impressive as they won 8 of their last 10 games. |
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So it's not advisable to gamble while at work as you can't serve two masters at a time.
Wrong phrase, sorry for that sir. Working is a good example of serving your master as you are rewarded for your work, you'll never loss since you are not gambling. however, gambling should be treated as a different thing, it's not us serving our master but it's us being serve since we gamble to be entertain and to win, and if we are successful with that, we are feeling fulfill not because we are working to get paid, but we are working on our own using our skills from our money to make money. |
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I think people should get more educated about bitcoin even before teaching them to accumulate it cause if they are not careful they end up losing it and think about losing 8 years with of accumulated bitcoin just for a ignorant decision like this.
Well, I'm just wondering why for 8 years in crypto they never know what is the best thing to do in order to secure their funds. For that long, I don't think they are still a newbie and unaware of the market risk and hacking incidents. They are not ignorant, they are too unlucky to be a target of hackers because even old-timers sometimes make mistakes. This is the reason why we should not store our money in one address but rather spread it. That scenario shows us how important is to not just set aside our fund's security but instead, make focus on it and ensure that it is safe at least 99%. Otherwise, we give these hackers easy access to our wallets. |
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