Yes, it is what exactly I have said. You only worry about yourself and you'll not regret it because you lose. There's sort of regret but it's not as heavy as you've relied to someone's prediction.
That's the reason if you're checking out other predictions and you have your own and you followed them and lose, you're going to blame yourself for doing that when in fact, you can also predict and have a better choice.
Indeed. When we gamble or bet with our won prediction, we won't blame other people at least. We may evaluate our own ways, that will be good to do. If we rely on other people prediction, we will never evaluate ourselves but only blames others. Evaluating makes us having better way in predicting or in gambling for the future. Another matter, we will be proud with ourselves when we gamble and win with our own prediction. But if we gamble with other people's prediction, we won't be proud because we win due to the help from other people. In conclusion, it is important to have own prediction. It can show how good our knowledge and experience for the game. We will never know this if we always depend on other people's predictions. We both agree that it's best to have our own predictions because you'll never know how good you are if you don't try. That is why you need to check your predictions too if they're good enough and maybe from there, you'll see that you have the potential that you'd definitely have to go on through it as you make them. Predicting yourself is most effective for gambling. By divination yourself it will be easy to know how much you know about it and increase your knowledge. Try to know yourself many of us don't make that effort. On the other hand suffers from the confusion of not knowing oneself. If you follow these habits in life with gambling and other work you will gradually know and understand yourself and learn new things then you will be successful in your own mind there will be no need to follow other people's future plans. Relying with you own predictions wont really be just that making you having no regrets with your bets but also it could really make you something much better as a bettor or having those predictions rather than on making yourself that way too reliant with those so called professionals or to those who are really that called veterans. We do know that each one of us are really just that predictors of the said games. We do know that no matter how good your analysis is, it wont really be giving out that 100% assurance that you would gonna win. If you do saw that follow those fellas would bring out that profits then its your choice to follow them but dont have those kind of regrets on the time that they would be giving out losing bets. In my part then im not really that a fan on making up some bets basing up on what those so called experts been given. I would really be fully relying with my own speculations whether it would really be a win or lose, i wont really be having those regrets on the time t hat it would really be a losing one. |
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If you know anybody trying to stop the addiction of gambling to become better for themselves and their family, try and show them support by not criticizing them. If you observe that they experience some kind of relapse and go back to gamble even when they said they were not going to gamble, try to encourage them to remember why they wanted to stop gambling for the time. It is not an easy decision for some of them to make, and even imagining that they will never gamble again can make it worse for them, most of them need all the support they can get to help them maintain the decision to give gambling some time away. If you criticize and mock them, they may nurse in the heart the mindset that gambling is impossible to stop, or even stop trying to stop gambling because you have already made them feel like they can never do it.
If those people are in my circle of friends or to those whom i've known then i would make out those kind of suggestions and advises but if its a complete stranger and i have seen him somewhere about those kind of actions then i wont really be that too confidently be able to make those kind of approach specially if its a stranger. I dont like on getting scolded or would really be told that mind your own business, its not your money or something with those kind of words on which its not really that shocking on this way and this is why if ever i do see someone then better they should be responsible on the actions that they are taking. Criticism would really be just that normal i should say yet human beings are naturally that on having that kind of behavior. Just let them be on which there are ones who are really that in concern and there are ones who dont really care and this is something that would really be normal. Criticize or not it doesnt matter. The only ones who could solve out those addiction problems are to those people who are on such condition. Self realization would be the key. |
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Sometimes I begin to imagine instead of transferring my money into the bank to keep for a number of days or months before usage in form of savings that nothing will add up instead it remains stagnant or the bank charges me even more. Is it not better I save them on a stable coin such as the USDT?
Please what do you think? Will I end up losing my funds one day if I do so?
To me I feel it's good way to save.
Please what's your opinion on this?
The only issue you would be having or risks when storing up your coins on USDT on which is "Depegging" Here's a good read about Stable coins depegging. https://academy.binance.com/en/articles/why-do-stablecoins-depegEx. USTC Once you have put up your money into this or stored up and it depegged then say goodbye into your money. I would rather store up my money into a bank rather than on risking or storing it on a stable coin but since im that making some trades then it wouldnt be that a bad idea to storing your coins on stable coins specially if you do able to trade up some coins directly, you could dive in directly once you do see an opportunity and getting out easily on the time that you cant handle out volatility. |
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I think it also has to do with the sport's popularity suffering as a result of the rise in popularity of the UFC. Most people don't know who the big up and coming boxers are and aren't even able to tell you who the current champions are. As a result, people in the boxing business have had to resort to throwing whatever name the public will recognize out there in hopes of earning a payday. I suspect it will get worse until another Mike Tyson comes along and reinvigorates the sport.
That could be true to some degree, but I'm not sure if mma is still gaining in popularity or if it also reached its peak. You see similar nostalgia among the UFC fans saying things were more exciting back then and that things get stale. I think the popularity of combat sports comes in waves, with ups and downs. At the same time, we live in unprecedented times when everything is competing for people's attention, from all types of social media to videos/movies on demand (YouTube/Netflix etc). It's way harder for any entertainment industry to compete. Probably boxing is still doing better (in terms of maintaining popularity) than say Hollywood productions. Personally, my interest in boxing has started to go up recently, and I think 2024 will be a year of some great fights. Actually you did really have a point in speaking about that popularity is really that still maintaining but i do agree on what Ognasty said above in this regard on which you could really be able not to see on who are the current champions and the current that are climbing up on the ladder due into these kind of unofficial fights. Yes, its not bad to have these things but it turns out that this has become the trend now. Retired legend fighters or boxers are really that trying out to still make millions on setting up these kind of exhibition fights on which they are really that getting more traction compared into those official fights that we do really have as of today but well lets just deal up on how this industry would really be going on, as long it could bring out that entertainment then interest would really be pushing through. |
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Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?
I personally think that crypto trading and gambling have more in common than what makes them different, the two share a common factor which is risk, although gambling risks can be said to be higher compared to trading risks, nevertheless they're both very profitable if their risks comes out positively. The difference that I see is that crypto trading has a parten and can be technically analyzed, so traders atleast knows how the market works and what drives the fundamental analysis, but it's not so in gambling, we gamble and depend on luck factor that we can not analyze to determine the outcome, except for sports bet where we can predict the team that'll win. Your friend shouldn't chase loses, because he can become greedy and lose more money, so it's better for him to trade with the amount that he can afford to loose. Trading could really be only be called gambling on the time that you would really be that making yourself having some trades without having any basis on which you would really be just that basically making yourself doing gambling and this is something which isnt recommended. You shouldn't really be treating up trading on this way. In the other hand on which we know that gambling is really just that leisure and its totally that not the same if we do speak about trading. It is all different matters and on different ways on how you would really dealing up with it. If you are someone who do make out trades without any basis then you are simply just making or doing gambling. We do know that it does require analysis and does required out that proper approach rather than on making those pure guess on which you are really just that increasing your odds on making a bad or unprofitable or losing trade. If you do have this kind of approach then it would really be better that you should have made out some gambling since from the start. |
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So this led me to ask the general public if I am gambling too much, although this excess didn't affect my finances in any way since I still managed to come out with little winning at the end of the day and at some level, my losses are still below 30 percent of my set out money.
With how your situation sounded, i'd say you're doing fine despite breaking the rule. It's still far from being excessive because you could have the same amount of sessions while gambling throughout the three weeks. For the question, it's unethical because you set those rules to help yourself become a good and responsible gambler. I agree with the others that it's a warning sign, so it's always best to track your activity, and if it happens again, then it's time to take action or have another rule that prevents you from going over the limit. Yes, as long you do have the control then it would really be just that fine since you are the ones who do set out those rules then high chances that those things are meant to be broken. We do know that active dealing up with gambling could really lead into possible addiction once you do lost off control but since OP did have that kind of control when it comes to finances and he's been aware on the actions that he's been doing then it does really shows that he had a good grasps towards his gambling activity on which this is something that recommended. There are really just those people who are really that go lost of track on the time that you would really be dealing up with gambling due to that impulsive approach. This is why it would really be always best that you should really know on what you should gonna do so that gambling wont wreck you up. |
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Yeah, women gamblers are increasing in number due to online casinos but I don't think they can even compete with the number of male gamblers. I don't think that even 1/4th of gamblers are women so I guess male gamblers will always be more in number because women aren't much interested in gambling as males and they really don't want to win and earn, they can easily take whatever they want by controlling their own husbands and boyfriends.
Even talking about having 1/20 or 1/30 on which i could say that this isnt something that cant be known since there would really be having no global count or something. For physical casinos then it might be possible that there would be some sort of counter but knowing on online world or even just talking with traditional payment system or fiat online casinos then it would really be hard to determine unless if they are basing with the card names that being used but speaking about crypto gambling then there's no way that we could be able to tell about those exact numbers but i do agree into your point that it would never be happening that women would be able to beat up the number of males that deal up with gambling. Women cant really just that be able to bare up the risks of losing so much money in gambling. For shopping then it might be but for gambling?It is really just that impossible. This is why those numbers arent shocking imho... |
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Just imagine a job seeker failing to get hired because lack of education and experience. It is a mere fact that we need to invest first in proper education in order to get a higher chance of winning the competition. Perhaps, it was a prerequisite that we needed to acquire before landing a better job.
Just imagine how a businessman becomes successful. Indeed, they work hard on studying how the business operates so well. It all means that there is a big hope of earning money when we have experiences and learnings. Working hard in building knowledge and strategies is the key to success, and that is how we've paid off.
I agree with you, before the business become successful there are many struggles that being overcome, you need to learn more about every factors that affects your business and you need to adjust and adapt to become competitive, once you already master the right system to use and you are able to execute it properly, then success will follow, same with the logic that learning first before earning. The more you know your clients the better response you can bring to whatever they needed from you, and the chain reaction will follow, good service brings good amount of profits. There's no way that you could be able to avoid these things on which whether you do like it or not then you would really be able to pass up with these kind of challenges on which you would really be having those struggles and challenges first before you could really be able to have a good grasps with the things that you are dealing specially with trading/investing/business on which it is really that normal. The thing on here is that not all would really be having those kind of realizations on which they are really that too rushing up on things specially into their decisions because they've been really thinking off with that they can really be able to be successful without doing such hard work. Its true that before you do able to succeed then you would really be passing up with those tons of challenges that you could really be having in mind. You cant just that make yourself that be able to get that success directly without passing up the condition that you will be facing up tons of challenges that you will need to conquer it first. |
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Focusing on fewer games sharpens the strategy, like fine-tuning a precise tool. Through experience, I've seen how this technique reduces needless risks and improves bets. The game is strategic, not just mathematical. Consider that every bet should be calculated, not a guess. The betting myth of "more is better" is false. It distracts and wastes resources. Precision beats quantity, I've learned the hard way.
Dont forget psychology. Bets are reduced to improve discipline. Use your resources wisely. The pursuit is fun, but strategy is smarter.
Very often gamblers neglect common sense advice like this, as they really seem to think that the more they gamble the bigger their chances to win, but what they do not get is that their chances to get a win do in fact increase, but the chances of actually beating the casinos decrease instead, so anyone that is thinking about making money with gambling needs to really think about what they are doing, or they may find themselves getting the opposite outcome that they were hoping for. Whether you are dealing with small or tons of bets if you are dealing or making plays with something that have house edge then you would definitely be losing in the end. If we do speak about those gamblers who do deal up with sports betting and having tons of bets then it would really be totally different because as long you do make out some application with those bets with some analysis then it would be always having the chance for you to in up. Odds would really be not scattered though but at least with those betting choices did really been based up on some research and some analysis on which it would really be causing up for those bets to win up somehow compared to some casino games on which you could really be able to compare that you wont really be having no chance on winning up or never been that an advantageous thing. If you are someone whose really have those kind of project then it would be something that causes for you to mess up your finances way too destructive. |
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Not that surprising because they arent married, much as people think its old fashioned it does help legally when any dispute like this comes up. They wont change their minds and help him split it as all indicators are she paid for the ticket simple as that, the owner always has the rights in a dispute.
Same reason to be cautious of syndicates also, ideally there is some standard form to fill out by all players so that nothing can be disputed later. I knew someone who ran a syndicate, on a big win (sub million) he just said well it was my own ticket so its all mine. They hadnt recorded exact numbers apparently etc. details matter.
That was only the most important detail to determine who the rightful owner is. Whoever paid for the ticket owns it. If she will share her winnings, that would be nice to hear, but in this case, she kept the whole winning, and they split. That's just how it goes when someone is not important to you. Legally, there wasn't any obligation, so the woman should not be criticized here. Instead, the man should be since he's trying to earn rights to money he didn't own. Maybe the woman gas been the one providing for the man, because it was stated that the man stays in house, which might have made the woman to see herself as the one that has been losing since, and if she continues the relationship, she will be the one to take care of all the responsibilities. This might make the woman decide to dump him, and not to share part of the money with him, since she was the one that still paid for the ticket. If I were the man, I will walk away, and forget about the money, and the woman. Instead of going to court because it will be a waste of time, and he will not win the case, since it is one ticket to one player. This is actually cruel i should say that after all the things they've been through she just simply dumped him on the time that she had the money? This do really proves out that a certain person would really be just easily be dumping their loved ones and dont mind about those things that they've been through on which on the time that they do have that money then they do just simply make out those kind of actions on which it is really just that sad if we do end up on that mans position. Even myself would definitely be leaving that house and just simply move on and make myself realize that there are people in our lives which doesnt known our worth. Well thats life and we dont have no choice. |
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It all depends on the amount of demand to accumulate the coin raised by the traders. If the demand is increasing, then definitely in order to maintain the demand, the price will go up due to the limited supply of the coin. The price will go up if more people buy the coins rather than selling it. This is definitely the bull run I must say. The price will continue rising like this till 100k usd for sure. So it’s time to celebrate for the long term holders.
Not only traders but also investors, and in fact it was the investors are the ones who contribute the most on the pump of the coin because they mostly buy and then they HODL their coins for a long time but traders are only benefiting on it because they immediately sell the coins that they have. By the time we hit $50k, many are saying that this is the bull run but it's only funny because they said the same thing when the price reached $30k and $40k. The only thing is that $50k is higher than them so why not this time right? But, we can't be sure yet if we can hit $100k in this new bull run. There is no way to predict it but the only thing that we can do is to wait and see. Speculations and word like those you've said would be always the words that comes up on someones mouth whenever we do see that price increase on which this is something a very normal that they would be thinking that this might be start of the bull run period. Same goes whenever the price made out some decline or crash then those sentiments would really be that totally opposite. Speculations do fly around anytime and this would be always reflecting on what the current market condition that we do have. Speculations fly around and as an investor/trader then you should really be that wary about these kind of claims on which you should really be also need to be careful if you dont want to be derailed. Each of us does have that different approach on things and decisions made. |
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You can by beer to have fun and not seeing it as a waste of money. You can give a friend little amount of money in a way he may want to give you back but you will not collect it as you see it as small amount, telling him it is a small amount of money. Only such money like that, that are small in amount set aside should only be used for gambling. That is the meaning. The fun you see there does not necessary mean fun. Just like an ideom. If every gambler thought like this then I'm sure they would be more responsible for playing several bets every week and we are used to spending small amounts of money without thinking about returns. But the problem is that gamblers don't think like that because they think they will benefit from winning and even though they consciously know that gambling is always closest to luck. Just a few views and not trying to blame or say gambling just has to be done responsibly, but I take more pleasure in seeing gambling activities. I prefer this kind of gambling and spend a little money for fun, not to chase winnings every time I want to gamble. So that whatever happens psychologically we are not too disturbed and if people can make a portion like this in gambling then I am sure they will be much more responsible in the gambling they play. Not only just this one because if gamblers or bettors used to be that responsible then we wont really be seeing too much platforms or businesses that would be seen as of today or simply this gambling industry wont really be that much big as of this day and this is something that we can be able to distinguish about their main difference as of this moment. Gambling should really be just that for fun and not for making money because these are businesses on which it is really that built for giving out leisure at the same time they are really that indeed making money due to gamblers greed and impulsive emotions on which it causes out for people to have that mistakes which it is really that something that fueling them up with revenue. Yes, they arent intentional but rather they are really that having that advantageous approach when it comes to this because they are really that trying out to take advantage without us seeing it. |
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I agree that "more" money is good for everyone, but one source of income could be enough based on how much you are making. I make decent enough that I am not in big financial trouble, if I had zero debt right now then I would live a very very comfortable life and shouldn't be an issue for me, its fine though there is really nothing that we can do about it. All in all, we are going to end up finding a way to get more comfortable when your single source of income is good enough. I believe that its not about the amount of work that you do, or the amount of sources, but more about how much you are making. Someone who makes 100 dollars in 5 different places still makes less than someone who makes 1000 from a single source.
The more the merrier eh? Its normal for us to have those aims and goals because we know that once you do have that money or financial capacity then you could do almost everything on this world. You could buy the things you do want and you could be able to live up well compared into those who are living on poor condition. This is why we are doing our very best on accumulating as much as possible. If you do find yourself on a tough situation then what you would gonna do? Of course you would really be finding another job or source of income on which you could depend on. It is a normal survival instinct on which we would really be finding ways or methods on which it could make us survive on this world where everything do almost increases when it comes to its price. So it would really be just that a normal approach and mindset that you could really be having on. |
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If your definition of last cash is more like last spare cash, I will consider it a little worthy move . But if you mean to say something like your total last cash in terms of liquidity, it is a very wrong move. Yes you never know you will win until you stake and you never know you will lose until you stake also but logically In my opinion it is very wrong to bet with your last cash.
Now what if you lost the bet ? You will definitely end up with a liquidity worth of $0 which is wrong. Yes you are definitely happy you were able to multiply you last cash with little effort however I would advise you not to make such move next time. You won the bet with a probability totally based on luck plus your stake was with a lot at risk.
Who takes advises from people? I don't allow myself to become reluctant whenever I'm in the space, always focused on becoming successful in these targets carried out. The probability of winning and losing is 50/50, it all circulate back to the trenches. Zero money doesn't make you responsible, rather it make one becomes more useless in this stack. Its totally wrong to bet with your last cash because it doesn't make any sense, as long as you're considering the a miracle to happen, what if it doesn't happen, what comes next? Speaking about odds or chance to win or lose then it would really be on 50:50 ratio but it wouldnt be actually into those numbers because it would really be that determining on what kind of gambling game that you are really that dealing with. Results or outcomes could really be just that only two but we do know about probability wont really be sticking with those numbers. Betting on your last cash doesnt mean that it is literally your last money that came out from your bank account or life savings but rather on the amount that you do have on that day (gambling budget) on which it is a must thing to have as a gambler. If you are really just that mindful in regarding about your spending and dealing up with gambling.Doesnt matter if its your last cash or not as long you do held responsible with your actions and dont compromise much about your finances then it should really be just that fine. |
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Above everything, get a mentor and go for quality knowledge. The degree of success you will record is directly proportional to what information you have access to and process.
Also note that institutions are also in the business of trading and the trading you seek is closely tied to other traders trading too.
Know that trading is simply making money and this money doesn't fall from heaven but comes from other people trading also. You nees to know enough and out smart other people to make it
If you do see that getting a mentor would fasten up your learning and you do have the funds to spare on paying for such learning then go ahead and i could say that it isnt really that a bad idea, but if you are someone who dont have budget for that or doesnt have the funds then self learning should suffice.Myself considered to be self learning which i didnt really have passed through any mentors or having those group signals or learnings or whatsoever. Everything could really be searched online and its up to you whether you would really be making yourself that be serious on what you are dealing with. Just dont rush yourself up on how to make money because this would really be just that making you desperate. Always be mindful about on how you would really be able to obtain the skills that you do need. Market could really be having that tons of different variations or conditions on which it does have that specific approach for you to do so for you to be able to get grasps on such condition. If you dont have those knowledge and awareness? then what you would gonna do? |
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As a member of a family and there is a gambling addict within, which method do you think it's the best to rip off the addict from your family member?
1. Talk to them and don't leave their side for too long, show them some love and make sure they don't have anything to do with gambling ever again, be soft and gentle with them.
2. Be harsh about it, force them to quit, let them know that gambling isn't this safe, bounce on them all the time because you love them, don't go any soft on them, because been soft won't make them see reasons why it's bad to be a gambling addict.
Which do you think it's best? Some people do think that been soft and gentle will be more effective and some people think that been harder on them is the real love here, they need to make them stop by force. It depends on the level of addiction that a gambler is currently experiencing with. If you think that a person's addiction is still on the level of being tolerable and manageable, you can consider being harsh as they will still understand and realize what's going on after being pounded with a harsh action towards their gambling addiction. But if you think that a person is currently in a state that you can consider as critical level and needs immediate help, talk to them softly and nicely as much as you can. Putting harsh action on those people on that critical level state might trigger their eagerness to just continue gambling since they will feel they are left out. Yes,it wouldnt really be that still on the sense that it on alerting but its not that bad to make out those kind of advises or telling them about possibilities of addiction. Yes, they might get that offended whenever you might be saying up those words but at least you had made out some warnings and advises on which they cant blame you out that you didnt tell them specially if the said person is really that inside the family then it would really be that just right that you should really be in concern with your loved ones situation since we know that gambling addiction could really give out such impact. For other people who arent close to us then for sure we wont really be showing any care for them but for those who are close to us or loved ones then its normal that we would really be having a different approach. There are ones who are really that too in concern with other peoples conditions and there are ones who dont really care. So its up to you in the end of the day on how you would really be telling them up. |
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Bitcoin has been giving such profits for about 12 to 13 years, I don't think anything else in the world can give so much ROI in such a short period of time. But where is the problem with our trust in Bitcoin? Now you may say yes 10 years ago there was an opportunity to invest in Bitcoin. I know you missed that opportunity even I missed it but everyone knows that Bitcoin price will reach 100k or 150k. Even JP Morgan, who is strongly opposed to Bitcoin, says that the price of Bitcoin will increase. So those who missed the previous rally should not try to catch the current rally? Will we make the same mistake again and again?Maybe 10 years from now in 2034 someone will be doing this same calculation, that 10 years ago in 2024 if we bought Bitcoin we would have made 34600% profit. At that time maybe the price of Bitcoin will rise at 8 digits! Maybe I won't be around then but Bitcoin will be fine.  There's no such certainty into this world and into those people who had believed Bitcoin into its earliest days or years are the ones who did really make some huge profit when this market boomed up. Even themselves didnt expect that they would be able to get soo much profits but of course we do know that not all are really that on the same situation on which there are tons who had lost their wallets, sold early and other issues on which they cant be able to get their coins back or have been able to lose it out as years passed and checked later on on the time that Bitcoin did make out some noise. I have already hat been able to experience bullrun on 2x i can say on which i do really agree on that repeating on the same mistakes again and again.I've been wary about on that 3k dump and with that 15k dump between those last 2 runs on which it is really just that a waste opportunity that i havent been able to stash up tons into those times on which it did really ends up on the same result or outcome when bull run comes on which you are getting left behind just because you didnt stick into those main projects or coins. |
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Good predictions.
If you borrow anyone money, have alternatives and not depend on the money because your friend can disappoint you. Sometimes it is understandable. I do not borrow people money that I can not afford to borrow them. I see money I borrow people as lost money. If a friend is truly worth borrowing money, I borrow him or her the amount I can afford to lose.
In fact, borrowing people's money is risky and its dual risks are either losing the money because they won't pay it back and secondly you may just end up creating unnecessary enemies for yourself when you try to get them to pay you back. It is risky to borrow people's money and more risky to borrow a gambler's money since you will end up losing the money automatically when they lose their bets, so for that, you should never borrow a gambler's money unless you are ready to lose the money, so mate you are very right when you say, the ops can borrow out only what he can afford to lose and be fine with. Lending money among friends is always a problem, because supposing you lent them that money in order to deal with an emergency, now you will look like the bad guy if you try to get your money back, but lending your money to them for a recreational activity, like gambling, is even more risky, since it is likely you will never see your money back, as I consider a person asking for a loan to keep gambling as a sign they have huge problems to control themselves. Even on other real life situations on which it isnt just that limited to gambling on which on the time that you dont lend some money specially into your friends or relatives or on the time that you do ignore or reject or trying out to refuse or even trying out to ask for the borrowed money then you would really be looks like the bad man and its not something that surprising. This is why some people doesnt really like to refuse if ever their friends would really be asking some favor specially if we do speak or talk about money then this is something that do start up for relationships starts to be breaking just because once you do refuse then it do looks that you arent that a dependable friend. hahaha This is why whenever my friend do borrow up money then consider those amounts to be considered to be lost and never ever intend to asked out for some repayment or something like this. Speaking about those missed bets just because they've borrowed the fund then im not that type on trying out to imagine or calculate winnings which i havent been able to bet on. Simply move on then you are just that fine. |
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I used to earn very little for a time and would simply cut spending. I remember that once we were renting out a flat with my girlfriend and we both had low income and the bills for the apartment + food was 80% of our combined money every month, so we wouldn't party, go to the cinema, buy any expensive stuff. We had some emergency money in case something broke or we got sick and we survived. After 2 or 3 years I got a better job, started investing in bitcoin and everything improved.
My parents had 1 source of income all their lives and they managed. It's easy, you just need to manage expenses and buy what you really need.
You would really be needing to have that expense cutting if you do see that you are overdropped then you would be needing to lessening up those bills and expenses. Ex. If you electricity consumption is high then you should be that mindful about savings on which its a basic stuff. When it comes to food on which as long it do fits and provides your stomach to full then dont ask for more. For those wants then better skip that one.. Set your priorities first but not on the sense that you would really be spending up that much. Always considering on living within your means because if you do live out a life which is more than on what you do earn then you would be basically be ending up on overdropped, the worst you might be ended up on having tons of loans. Just like on what most people been suggesting that if you've been able to see yourself having that hardship then it would be best that you should be looking for another source of income to ease out that problem. |
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*I created this topic on the other forum just recently and I would also like to share it here so we can exchange ideas based on your own opinion.
I saw this video on social media just recently wherein a famous local influencer here in my country loses more than $4,000 dollars in just 2 minutes.
Even with a rich guy gambling, still has this regret he just made, so how much more for an average guy to take the risk of spending his hard earned money just to gamble?
Have you experienced this kind of situation wherein you spend huge amount of money and then regret after the loss? Is your reaction the same with that guy on the video?
4000 dollars is not a high amount, even if it is lost in 2 minutes. In 2016, when I was promoting Bitsler, I was actively gambling on their platform and once I saw a high roller live. I was watching how he lost 0.5, 1, 2, 4, 5 and 10 bitcoins in a row. I was in total shock, he lost it in a few seconds, probably in 10-15 seconds. I asked him in a live chat about that and he told me that it was easy coins mined years ago, so for him, 10 BTC was nothing like a game-changer. I once lost 0.16 bitcoin in gambling and I regretted it a lot. I didn't crash anything because I quickly analyzed that it would be another loss on top of that but I had a rash of anxiety and energy, did some pull-ups and breathing techniques to calm down. Not a high amount for you but for most people losing it on a matter of 2 minutes is already putting you into a nightmare since this amount isnt something that you could be able to earn in a short time.Unless, if you are a Bitcoin or ETH or some altcoin whale then you wont really be bothering yourself on spending up tons but if you are someone whose really that an average person who do earn from your monthly salary then you would definitely be having that huge regret on the time that you would be losing that amount. Also basing up into your comparison on which 2016 year which i do remember that the amount of Bitcoin is just playing around $200-300 as i remember and losing up 10's then it would be 3k's or something. If you do tend to reflect it out on the current price that we do have today then you could really say that it is really that big, and it wouldnt really be that similar for that gambler would be using up on the same base bet if ever the value as of this moment. |
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