From the 1st day i started gambling i took an oath to never spend more than 5$ per day on gambling so i won't ever ruin my self and will always have enough money for my daily expanses . I also stop whenever i have more than 3 consecutive losses and try to comeback the next week .
that's good practice mate, limit yourself and focus with thinking about your goal, never become affected of certain losses or being greedy when you are in the side of winnings, stop whenever your minds calls you anticipate defeat and move forward. This is the only way to avoid unwanted losses or reduce the ratio of losses in gambling. You need to set target for yourself in this game and even in life and work hard to achieve that. Here in gambling when you have achieved it, just stop playing further because after that there are maximum chances that you are going to lose the game. Limit yourself by setting decent targets. Gambling with human greedy is a perfect match to losing control . So it won't really work even if you have a plan to set certain goal , really doubt people can always make it happen. Mostly they don't know how to stop and just keep playing until everything completely ruined and you have nothing but regret. |
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as a gambler my worst mistake i ever made before was to play poker and because i kept on winning i was in condition to play hard for as i remembered i played for over 24 hours and in the end i went home with an empty pocket and a loan from one of the financer in casino.  Playing for 24 hours straight? Are you even in the right way of thinking or you are totally out of your mind. Playing for that long will be making you lose what you had collected for the earlier time you gambled with poker. Don't do this, it's totally a disaster and a worst mistake. I have no doubt he is addicted gambler, his believe like he has spend his straightforward 24 hours to play gambling, and in the end his hand empty. He seem like addicted gamble, may be he has learn lesson from his worst mistake. But i really feel bad for him. That's why we always discuss that always control on yourself and don't play gambling continuously, because in the end you find nothing. I think anyone have experienced that kind mistake , so should we call ourselves as a gambling addict? You get a crazy winning streaks , you think it will remain like that but when you continue playing things turned around. Wasn't really a worst mistake , it is normal mistake that anyone have done it. |
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Just a little misunderstanding on our points at first but i did actually get your point already which is really true.Even newbie minds will easily understand the mechanics on the game this is why i do consider this as the most simplest and the easiest game in town same as on slots too which you do only need to pull the lever and your are good to go.
It needs to be added that's it's instant. In sports betting you place a bet and then wait 90 minutes for it to resolve. In dice, you wait miliseconds, and you're ready to place more. And that is only true if you bet in a game that is about to begin, if you bet in a game a few days in advance then you need to wait all that time as well while dice bets are settled in second, so dice is a game for those that like fast action and not for those that like to think their bets for a long time. Actually it always depends on how you treat gambling? When you looking for a quick cash then to play a game such as dice is your game, your best and comfortable choice no doubt it is . But when you looking for an entertainment behind watching the real time game , sportsbetting is what people choose. I also think it is because of its simplicity and ability to know your ways around the interface within a short time. It is not always about the money when it comes to dice games as everything is left in the hands of luck and many out here that play on this forum makes us believe they are playing dice for the fun of it and nothing more. Indeed it is not always about money but i believe those people who play dice mostly looking for quick cash. There is a lot of game out there much more fun than rolling the dice , click hi and click low , so on . It is so boring isn't it? I just cannot see any factor that makes dice so fun , a huge winning within a minute is the only reason why maybe .... |
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I don't just trust new altcoins immediately. I find it more convenient if I hear a lot of good feedbacks from other people who already risked using it. A good altcoin will definitely be the content of a lot of threads in here. I read a lot to know.
Yeaa not much we can do to verify things technically , just do your own research by reading isn't a bad way. Rather than make a baseless speculation picking altcoins randomly etc. Know the core developer , are they have a lot of supports since the announcement and what the mission behind altcoin invention could be a little example to take it as a serious consideration. i think a lot of the things matters. matter is that it has the quality that I am looking for like great functionality, good team, good track record etc. I do some research on the new altcoin, read their whitepapers if what they are claiming is realistic and analyze the future value of altcoin. All of these matters in it and every one who invest in any ICO check all of those things mentioned above because we know alot of ICO are scam and people are very protective to invest in a new coin. Yeaaa a shitcoin will offers you something that might hook you to invest in rush. And mostly provide a program that doesn't makes any sense , too good to be true and a random / not popular / did not well known team. It is easy actually to choose and trust a new coin as long as you get used to do it. |
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I don't think gambling is wrong but it is not beneficial at all. I tried gambling before using Bitcoin and I don't know if I'm just unlucky or what but I don't seem to win ever so to me or to my point of view it is not beneficial at all.
I think its not wrong, everything will becomes wrong only if it compromise other important things like time for family, obligations and commitment. But playing gambling with limitations and just for fun and pastimes is really not wrong. Many new gamblers start with the same mentality that they want to gamble only for fun but if they like any of these games then they will start playing these games every day. Even though you spend small amount every day then over the time you will spend a lot of money on these which is not good if your earnings are not that high. That's why if you find some other activities to pass your time then it will be good. Gambling should be an occasional activity. Actually depends on how people around and your environment , are they mostly hate any form of gambling? If they do, it is hard to say that gambling is not wrong , you might can do whatever you want , but think about how people around you react on it? So if you feel fine , just gamble without have to feel guilty and recognize gambling as a normal thing not a wrong thing. |
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It depends on the person actually. If you are the type of person who is patient and good at predictions to your investments then trading is best for you and if you are a person who is pretty good at gambling might as well go with that.
Its also a factor on how the person is dealing with trading. I'm into trading and also in gambling but I don't want to compare both of them, I'm good for saying these two are very effective to me. When I'm serious about my trades I'm making decent amount and if I want to have some fun, I do gamble. Yeaaa you might can go for both if you feel comfortable with that, why not? You will feel the real difference between making money through gambling and trading , and the winner is trading. Especially when you are skillful , it is feel so easy and legit to get profit from trading. |
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Hey guys. So since PokerStars is no longer allowed in my country do you have any suggestions where I could play some good poker tournaments or some Twisters or Spin&Go's? Do you know any sites that pay you 100% and are legit like PokerStars or Bet365? Thank you so much for your answers.  Google said 888poker, Full Tilt, William Hill, Party poker etc. Read ToS and see if you can play in one of them. You can also try bitcoin poker sites(use search button). I can vouch for full tilt poker , paid me since 2012 , not much restriction there and have a lot of tourney. Yeaaa considering we are in bitcoin forum i think you might have to try bitcoin poker room . Although it is not as good as the famous pokerstars , at least take a look to swc poker. Goodluck! |
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My work lets me to mix work and gambling from time to time. I work at night every three days and I am kinda alone for 12 h in my little office, so I just bring my laptop every time and simply go on online gambling site and that's how I spend the biggest part of my night shift  I don't feel surprised that people start to gamble because have too much spare time. As time goes by your gambling habit could become worse when you have no control over it. As result you you will do anything for the sake gambling without even you realize it has make things messed up. |
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All altcoins are dead at the moment. How can you guys still making money?
I even buy low but tomorrow the price goes lower and touched my stop-loss. Fuck that, I thought that if I don't put stop-loss, it won't touch it and will bounce up soon. But no!!! fuck! I bought STRAT, didn't put stop-loss because of fear of losing. But no. It went lower tomorrow when BTC surge to $3k more. FML.
I thought this month all alts will have a brighter future but no! BTC up to the ATH and alts fall back. I lost 0.6 BTC in 20 days.
I wish I never buy any altcoin, I should stay with my bitcoin. The idea should have more bitcoin turns out losing almost everything.
I have no LUCK. FML.
I'm on a losing streak. I should hold bitcoin and quit trading for a month a two to peace my mind again.
Hey guys!!!! It's me. I'm back after quit trading for 1 month (September). Back on the road in October. With my losing experience, now I am playing safe. I lost 0.6 BTC in August, leave me with only 0.09 BTC in my wallet. I was living like a zombie, lost everything, no hope, no more happiness, i was angry with my GF, I hated everything, cry everynight about my mistakes, I want to kill myself... ETC... Jesus you don't want to know everything. But, now, after 2 months of trading, I am having 0.8 BTC. Cashed out 0.2 BTC for living things, donated to a Red Cross Organization in my hometown (after got hit by Damrey storm) and the rest for saving. I'm so happy at the moment. I don't rush in trading coins like I used to be. I only trade 2-3 altcoins in 1 month. I'm lucky, I chosed WaltonChain (WTC), VTC, BNB, CFD (Too bad it was a scam project but I managed to get out a week before they turn dark). When I see a rising coin, I stay away from it, I managed to avoid any FOMO on the market. Yes, and I missed VTC run last month. But it's okay. I have no skills, only luck. And my will to start again without surrender the market. Hi there welcome back! So your trading principle is based on luck now and then? Not a good way to continue . At least you should learn something basics about to trade properly , if you keep doing that i am not sure you can avoid the same mistake as you have did it few months ago. Trade on a new coin is high risk trading for me personally , i only trade a coin that has large market cap and then i can call myself play it safe. |
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It helps for me. Believing that you are lucky or just feel lucky because of supertitions is still better than you are not. If you feel unlucky then you won't have control on your bets and you just lose easily but having superstitions give you clear mind and relaxed when you play.
wow that's new to my eyes mate, well its your owned opinion about this matter as i think that there's no such things that still exist in this generations, gambling is a game of chances and luck so if you have it while playing then you might win if you know how to take control and advantage of having it. Believe on it or not , nothing wrong with superstitious habit . Some people really believe that things make their bet won is because of certain factor and everytime they do superstitious ritual before the game started or in game they always feel lucky and win it. A realistic people will call that moment as a coincidence , well do it as you wish as long as it is not harmful. |
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Because gambling provides a dream to make money easily and very quickly. Some of them maybe successful, but certainly most are money and time wasters. And because it's done continuously, in his mind to make money only from gambling and gambling. That's what causes make peoples get gambling addiction.
That is a wrong thinking, gambling does not provide easy money if you do not have the skills, you need to be smart and be talented to be consistent in the long run in order to make gambling as a source of income. It's addicting for some because we keep trying and trying and we make a lot of strategy to win but it's still not enough to make us profitable, the end is result is always not in our favor as we might be bankrupt which is worse if we don't stop on time. You just need a bravery and you are good to go to gamble , nothing else. I just feel it is completely bullshit when people talking about skills could earn you easy money and a nice winning . Luck is everything in gambling , just give it a try to gamble continuously everyday with your skills , still it will only gives you a loss. If you have a clear cut plan i don't think it will be so addicting because you know what you want and what you don't want in the first place and you can easily stop or start depending on your intended target. Lol having a target , limitation on how much you should stop in case you lost/win won't work. Gambling since first day its found is addictive , those people who come to gamble have to accept the risk to become an addict later. To expect to get an instant cash especially when you are in urgently needed make people think gambling is completely addictive. It could works, actually that is what we have to do. Addiction is just a risk, the risk is something that is not certain to happen, it can still be avoided. If you think it will not work at least to you it mean you lose. I don't get it  , what do you mean with that bolded part of your opinion. Become an addict in gambling is a sure thing when you do it in regular time , i have no doubt about it. Set a limit just make you stop for a while to continue it again later , which means there is no big different but delay your losing for a while. |
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I just have 572 red streak (100x payout) in dice game  Not a single green. Still keep the same server and client seed because I will still continue if I has enough bitcoin. Well maybe if there any big whale or investor who want to continue my bet, we can talk about terms, conditions and profit sharing Feel free to PM me or ignoring me Thanks in advance I think there is a lot of people who did this already long time ago , with similar big multiplier , big payout. In the end they hit it at 3k rolls and another one at 11k , your 572 losing streaks far from 3k or 11k , good luck. But it is worth only when you spend the money that you can afford to lose , not force yourself chase what you have done like this. |
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Just a little misunderstanding on our points at first but i did actually get your point already which is really true.Even newbie minds will easily understand the mechanics on the game this is why i do consider this as the most simplest and the easiest game in town same as on slots too which you do only need to pull the lever and your are good to go.
It needs to be added that's it's instant. In sports betting you place a bet and then wait 90 minutes for it to resolve. In dice, you wait miliseconds, and you're ready to place more. And that is only true if you bet in a game that is about to begin, if you bet in a game a few days in advance then you need to wait all that time as well while dice bets are settled in second, so dice is a game for those that like fast action and not for those that like to think their bets for a long time. Actually it always depends on how you treat gambling? When you looking for a quick cash then to play a game such as dice is your game, your best and comfortable choice no doubt it is . But when you looking for an entertainment behind watching the real time game , sportsbetting is what people choose. |
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90% of the people when they win they try their luck again and again. It is not right or wrong it is full of emotion and the confident some time over confident also happen. My case is I keep calm as earlier I use to lose so I will treat success and defeat equally.
Yes when people are actually able to make a win in gambling they always think that the next game would be much easier for them and never take any break regardless of the possibilities of a loss and they go for trying their luck again. This has two possible outcomes either they would lose all. they had earn through previous bet or simply get the bet again in their favor for earning more. That's something makes gambling so attractive , easy money , easy way but all of those is temporary. You cannot make it has same result same situation in the next days , that's why it is called gambling , everything is uncertain. So you have to face that reality , everything include your feeling in winning euphoria will only stay for a while. |
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Gambling is good too if you want to profit big amount at once go and play but there is also possibilities that you will lose it. But investment is about trustingyour money to someone, just like that. Its like giving your money about a year and wait until its going to profit.
Gambling is not good if you want profit and you are the one to gamble. Profit in gambling is also good but it's very unstable in a way that you'll be streak in deficit. It's also hard to recover in gambling, that's why if you want to take a risk but you are comfortable that you can recover on it later on, go with legit investments. It is always be a problem when people come to a casino and want to make money steady. Then that moment you might have to think about trading has bigger chance to make the mission completed successfully. Noone can deny the fact that gambling isn't profitable for the long term. |
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Saying of giving up gambling is very easy, practically I have seen in my life. Two of my dear friends use to gamble they addicted they cant stop themselves they use to borrow and go for gambling which to cant stop most of people in such condition only living. They wont feel any difference whether winning or loosing just gamble.
Not surprising , as those kind people has become an addict with the signs like that. I mean seriously people who never try how to stop and just talking bs here&there don't know the feeling struggle and frustation about this. We want to leave but the addiction is so strong force us to keep moving forward and make the situation become more and more worse than before. |
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Yes and no... I think for most people it takes doing the same mistake more than once to learn from it. This is the human condition unfortunately. Very few people make a mistake once and learn from it. I am counting myself in that list that makes the same mistake over and over again.
Yes, In gambling, a lot of people make the same mistake over and over, and then they learn that. I don't know exactly why, but i think they want to prove, that is not a mistake, XD! , Anyway, Personally, I did some mistake in the past but now, I know exactly how i do and which step i follow in gambling. Basically they learn something , but then they repeat it because their greed will never be beaten. I don't know for sure if there is someone who leave gambling forever because they have learned good things from the bad habit such as gambling. I just cannot believe if you guys can survive to gamble in the long run just because you did learn from the past , soundslike not real based on my own experience. Gambling always feel like a wild hobby. |
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I do not think that both have equal risk. I think that gambling is more risky than trading. In fact in gambling we totally depending on our luck, while in trading it is necessary that we must have some trading experience, we must also have good trading skill, which are too much necessary for expecting profit from bitcoin investment and trading. Therefore we can say that both do not have the same amount of risk.
I think that both of them do not have equal amount of risk. Skill based gambling is something still unknown to me. I mean that how could one claim the use of his skills in gambling even if the entire thing depends upon the luck of the person. No amount of skill can help you to win the bet indeed. On the other hand risk in trading gets reduced with the passage of time after experience and some techniques to set the deal and buying of shares is understood wisely. So, it is better to opt for trading. Poker is skill based. To a point. There is an element if luck in everything we do in life but poker gives you ways to swing things to your favour and of course the other players can drop this too so you need to worry about them and be better then they are at it or you might only win bery little. Then they big boys are always playing and know what they doing so yes it is skill but it is not very easy. Poker is the only game that i believe will have big effect when you are skillful . You can see a professional poker player beat newbies a lot pf times repeatedly , you think it was because of luck? No it is clearly because of skill , they know the time to go allin or stop , bluff etc. |
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there are something that we can do while the market is full of red which is we can hold for a while or cut loss our coins although we are getting lose. but for me, i think its good to hold and make another buy amount of the coins because the price is in the lower price so we can buy with cheap price. but if we can take a profit because we bought at cheap price before the coin is in red then we can sell it right now before the price is getting down too deep and we can buy the coins again when its reach bottom price.
Yeaa take it as your opportunity to buy everything while cheap! But still the problem is that people usually have no fund backup! They are put everything at once. That's why you should learn from it for future trade that you need to hold fund backup in case the market crash you can recover every losses by buying another one cheaper. |
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You can see at the price chart of bitcoin that trading is still profitable and trading some altcoins is also still profitable while many of them are simply unsustainable. You should also note that most traders simply don't make any money! So if it's still profitable for others doesn't necessarily mean that it's still profitable for you. Considering that some altcoins have very high winning percentages this year, it might be more profitable to select some good altcoins and simply hold them in the hope that they will succeed.
Trading bitcoin required a lot of capital nowadays , considering the value of bitcoin that outstanding so high Imagine when you trade bitcoin worth $100 and the changes daily in bitcoin market below 5%. What you can expect with that small grow in short term? Altcoin more profitabke in this case. |
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