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2641  Economy / Gambling discussion / Re: The madness of gambling addicts. on: December 17, 2023, 05:34:43 PM
That is crazy I mean the news said he is the grandpa's same blood right, after this happened I don't know what happened with this family I think its gonna fall apart. In my opinion gambling is just for fun that evolve money not gonna explode like this one.

I hope case like this wont happen again.
Anyone who has ever experienced an addiction will definitely feel like they have forgotten everything, they will do whatever it takes to be able to finance their gambling, no matter what their grandchildren or other people close to them are, the addict will definitely ignore that, if they do that, it means they are a very serious addict, because if a lower level addict wouldn't do something stupid like that, because they could still make money in other ways.

Addicts are getting weirder every day, but sometimes it's quite difficult for older people to get money when they're old unless they do that, crimes that don't actually have to be done to satisfy their addiction, it's really beyond reason, even a grandfather still doesn't understand that Gambling is just entertainment.  Grin
In my opinion, this is no longer about gambling addiction but rather a crime, how could a grandfather kidnap his grandson just to be used as collateral? I think the grandfather was in a psychological state disturbed by his gambling, indeed sometimes gambling addiction has a bad impact on our lives, especially for the future, for example, like this grandfather who is still actively gambling and his age is no longer possible, but age is not an obstacle to taking actions that are out of control and finally did this stupid act, I think this grandfather's gambling is at the stage of a chronic gambler and is very worrying.

It is true that there are stupid acts committed by addicts, even in my local media news, there are people who commit stupid acts of breaking into ATM machines just because he was addicted to slot gambling and wanted to continue his activities but his money had run, so he ended up doing a rash act like that but in the end he didn't succeed but ended up in prison.
A ridiculous act, isn't it?? Grin Cheesy
We must go beyond surface-level crime to address this tragedy. Though wrong, the grandfather's actions reflect the destructive potential of unrestricted addiction. His desperation shows our addiction and mental health policies are failing.

Future society must distinguish recreational gambling from addiction. Education and proactive help are crucial. We should encourage early addiction detection and stigma-free treatment. Should we prioritize mental health and addiction care like physical health?

Family influence must be considered. The family is traumatized and distrustful by this incident. How do we protect fragile children like this from addiction's effects? Our society must address these concerns quickly, comprehensively, and compassionately.
2642  Economy / Gambling discussion / Re: Reckless gambling starts after a win round. on: December 17, 2023, 05:15:59 PM
Obviously, gambling is a business; gambling only becomes a way for us to become addicted to it. But gambling itself was not the main reason; instead, the main reason was that we were driven by greed to become addicted to gambling because we experienced winning by playing gambling on the gambling platform.

There are still many gamblers who use casinos to gamble, but they do not become addicted to gambling or develop an addiction to it because they know how to limit themselves from gambling. In short, they are responsible gamblers.

Right, and they would laugh after reading "Reckless gambling starts after a win round". What? After a winning round they collect their winnings and cash out. What kind of a greedy person one must be to start gambling recklessly after a win round? When are you going to stop then, after a losing round?

That is a situation where their mental and psychological will be played, isn't winning something that gamblers always want? of course, but do you know what impact there will be on your mindset after you experience such a situation? I think healthy people and always think realistically and address gambling will not go wrong even if they get an extraordinary sensation from the situation of winning with large amounts, but unfortunately most gamblers experience a change in mindset and point of view when they have experienced such situations and conditions.

Usually they will assume that "this seems like a good place to earn" and after that winning is not the end of the world, because of the change in mindset and increased hopes and higher expectations they will usually apply greed by hoping to get a much larger amount because they feel that luck is still there even though it is completely unknown. In my opinion, such gamblers will never stop especially after winning, usually they will stop after running out of ways and money, simply put, losing is curious and winning is addictive, that's what they are.
Your gambler psychology observation is right. Gambling is about the joy of beating the odds, not just winning money. While thrilling, this feeling might distort reality. Casino winners can fall into a cognitive trap, thinking they've found a profitable path. Dangerous perception skews reasonable judgment.

Second, post-victory mindset change is crucial. The move from gambling as entertainment to income is risky. Why? This shift encourages greed and distorts risk assessment. Gamblers want bigger rewards, ignoring rising hazards.

Winning is obviously addictive. The "curious losing" and "addictive winning" cycle is dangerous. Problem gambling is fueled by an inability to quit and a constant search of the next 'high'. This involves both individual willpower and a society adjustment in gambling perception and regulation.
2643  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: December 17, 2023, 04:56:16 PM
It seems the bad financial situation is just putting Barcelona under more pressure because Claudio Echeverriinthe Argentinian player who has the same playing style as Messi and people think this young talent can shine for his team like Messi but Barcelona cannot hire him because of the financial issues they have in the team. In fact, Claudio Echeverri, the player of the Atlético River Plate is even interested in joining Barcelona but he should wait to see if Barcelona can have a better financial situation in the future or not.


I really feel bad for Barcelona right now. It hurts to see a club with such a long past having money problems. As for Claudio Echeverri, its too bad that money problems are stopping what could be a good addition to the team. While Echeverri isnt Messi (because really, who is?), he's really good at what he does. It might be too much to compare him to Messi, though. The way Echeverri plays is unique, and we shouldnt expect him to be "the next Messi." For Barcelona, its clear that the money mistakes they made in the past are coming back to hurt them. This is a tough lesson in being responsible with money and planning ahead. They need to make a better plan, and right now it seems like the most important thing is to strengthen their defense line.
2644  Economy / Gambling discussion / Re: Can somebody make a successful career in gambling on: December 17, 2023, 04:33:41 PM
It's pretty exciting, making a successful career in gambling. If what you mean is to make gambling a basic job to meet the needs of a day-to-day life and hope to live a successful life and have a lot of treasure, I think it's very difficult.
However, if you expect big gains in gambling, like you win the lottery or get other big wins, it's still quite possible. If you have a lot of money, maybe you can make a gambling site. As a gambling site owner, maybe this can be a promising profession.

I also think that way, it will be difficult for gambling to be the main income in life because in my opinion gambling is not a place to make money, also with a win that is difficult to get and it is impossible to get a win always which is made the main income in life, big wins do exist but it is impossible to get every time we gamble, because the bookie is also not stupid so there is no way they will let gamblers win continuously.

That's right, if becoming a casino owner can be said to be successful in gambling, because if only his role as a gambling player is difficult for me to say successful. by owning your own casino and it must make a profit every day, there will be a profitable income. this can only be called success in gambling.

people who play casino games that depend on luck when they win a lot of money because they were lucky to hit a big multiplier, these people do not take the time to calculate how much money they have deposited at the casino since the day they created an account at the casino and how much money they lost since the day they created an account at the casino and how much money they managed to win since the day they created an account at the casino and then they will see if even with that big win they are making a profit or not. Why is it so important for people to do this?

It is very important that people do this because they need to see to what extent they are profiting or losing so that they can analyze whether it is worth continuing to play and for how long they will have money to play and lose and whether it is not time to get the money. who won and stop playing altogether. In my opinion, when a person manages to hit a big multiplier and wins a lot of money, then that person should take that money and stop playing and live life in the real world, they can take the money and invest in a business that will at least be able to guarantee money for health and good life in old age
Gambling's genuine financial impact is crucial. We typically focus on large successes and ignore the hidden losses. Why do we ignore this? Confirmation bias makes us emphasize wins and downplay losses. However, only by carefully recording our deposits and transactions can we see the whole picture. Responsible gaming goes beyond profit or loss.

Think ahead to future society. In an age of data-driven decisions, this analytical approach to gambling is crucial. Understand long-term financial sustainability, not just today's triumphs or losses.

The appeal of a large win is tremendous, but the reality is often different. We must promote informed, prudent gambling over jackpot hunting. This strategy is smart and essential for financial security, especially in retirement.
2645  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: December 17, 2023, 04:11:48 PM
Lens struggled to get a win in the first 5 weeks, but they managed to pick themselves up and they haven't lost in the league for 11 weeks, a statistic that reminds me of last season again.Lens will continue on their way in the Europa League even if they are eliminated from the Champions League group.The opponents they will face here are easier and more competitive teams for them, so they can focus a little more on the league. Lens, who are currently 5th in the league, will at least want to finish in the top 3 of the league.The next week they will go to Nice, one of the form teams of the league, and this will be a very important match for them.The next week they will play PSG, so the better these 2 weeks go for them, the better their chances of finishing the league in a better place.
Lens is looking great lately. Their league unbeaten record is outstanding and reminds me of last season. They've persevered to recover from a slow start. I think they're right to prioritize Ligue 1. Given their 5th place in the league, they should prioritize league progress above the Europa League. These games are essential with Nice and PSG coming up. They could finish in the top 3 if they keep up their form. They have momentum, but it will be tough.

Although crucial, their Europa League performance shouldnt overshadow their league objectives. They've shown they can compete well, and I think they can beat expectations with the correct focus. How they manage these high-pressure games will matter. Their confidence will soar if they beat Nice and PSG. Im excited to watch how Lens fans do in these crucial matches.
2646  Economy / Gambling discussion / Re: Who among you here is gambling at work? on: December 17, 2023, 03:49:19 PM
~snip~

Gambling at work is a bad thing. Bad for the company and bad for yourself.
Work will be neglected when we gamble while at the office, because our performance will decrease and that is detrimental. If this happens repeatedly, it is possible that you will be kicked out of the company.
Which means you won't get the salary you might normally use for gambling. It's better to be wise in gambling, you have to be able to manage your time. Because life is not just about gambling.
Not everything will be that bad and what you said is bit excessive because it all depends on how worker manages his time.
For example, when it lunch time and you have approximately 30 minutes, during that time you can eat lunch by playing game session such as slots or card games and this is just for refreshing.
There is nothing bad as long as it is within limits and can be controlled because bad things will happen if you overdo it and you cannot control it. Of course, when you can manage everything well then nothing will be harmed.

Moreover, if like manager finds out that you gamble during work breaks, I sure he won't be angry, he won't fire you even though you gamble almost every work break.
Because if you work well and can be responsible for your work or you could say that what you do can be completed well then what you do during your break time will never be problem.
Remember that even simple behaviors like gaming during breaks can increase. One could argue that a fast game is just relaxation. We shouldnt ignore the slippery slope. Healthy gambling? The idea is complex. Setting and following limits is important, but so is recognizing dangers. When you say "as long as it is within limits," you assume everyone has self-control. Not always.

Too optimistic is the idea that a boss will gamble during breaks. Professional conduct is as vital as performance. Its not only about tasks; its about professional conduct. Think about it: Which message does it send coworkers? Could it affect workplace dynamics?

Gambling as a refreshment is exciting but risky. Knowing the difference between a harmless hobby and a doorway to bad behavior is crucial. Is this the greatest method to recharge? Are there healthier options? Setting an example for work-life balance is important, not simply for the individual.
2647  Economy / Gambling discussion / Re: Low cost but effective solutions to gambling addiction on: December 17, 2023, 03:26:53 PM
I can tell by your gambling that you are short of money. You want to make money from gambling. Or do you want to get rich from gambling? I think you need to find a part-time job to earn money reliably and no longer have time to think about gambling. Gradually, you will understand that money is not as easy to earn as we thought.
In gambling, almost everyone thinks it will be an easy and quick job to make money. As a matter of fact, more people lose money than make money.
It's really true only a few make money gambling most persons lose but don't come out to really make it public so it looks like they are making it gambling but then the reverse is the case. Most of the time these people only put out their wins which are gotten only a few times and not always, so it's important we don't allow ourselves to me moved by that.

Money isn't easy to come buy but a few wins few times in gambling will make you think it's actually easy to come by until you probably suffer some losses the it will come to your knowledge that it's easy making money and the few wins were just luck coming by a few times so it's very important we get something els doing so we don't turn really reliant on gambling but engage in gambling only a few times when we have got the times and few cash to spare.
No gambler will say publicly about his defeat and the majority of gamblers will only talk about the wins they have had.
When there is gambler who actually says his defeat it means it was big defeat and he talks about it to ask for suggestions and advice regarding his defeat.
Moreover, when gambler tells of his defeat, he will definitely only be called stupid gambler because he lost his money in betting, things like this will always happen in social environment.
Maybe there are several people who will give advice and direction to stop or reduce the intensity of the gambling they do and of course there are still very few people who care like this out there.

Most gamblers, after getting their winning, don't immediately withdraw it but try to make another win by betting more, only in the end they don't get the winning but all the winning money runs out without any remaining.
And I agree that money will be very valuable but this is why many gamblers try to gain more from gambling and try to recover when they suffer losses.
This attitude is what most gamblers always do and indeed the best step is to have time and financial limits.

But about gambling addicts they can't set limits and they can't set time for when to play and stop, even they can't manage their finances well.
If you think about it logically, gambling addict becomes person who really experiences big losses financially, even though psychologically they also experience pressure.
But in terms of financial calculations, gambling addict bets without having any limits.
They will lose any amount of money just for gambling and when they realize it is all gone and they have to spend some money back to pay professional who can help cure them of the problem of gambling addiction.
This kind of understanding must be given to novice gamblers so that they can be careful and avoid excessive gambling activities that can cause addiction.
Society shuns gambling losses, yet they must be acknowledged. Gamblers who acknowledge defeat seek advice because it's a major loss. This disclosure deserves understanding and advice, not mockery. Why? Because acknowledging a problem is the first step to fixing it. Gamblers seek losses because they think a large victory is coming. But this loop deepens the financial abyss.

Addiction is a major issue. Gamblers lose sight of time and money constraints. Gambling over their means causes financial and mental stress. New gamblers must be warned of these hazards. Prevention of excessive gambling and addiction requires awareness. We must encourage safe gaming and help those in need. Not just financial health, but total well-being.
2648  Economy / Gambling discussion / Re: Do you have a "gambling problem" which you can sometimes control for years? on: December 17, 2023, 03:02:23 PM
Gambling isnt my problem. A "sometimes" gambling issue is noteworthy. It suggests a cyclical pattern - a dormant issue that resurfaces under particular situations. One may not struggle daily, but certain pressures or triggers bring it back. Many behaviors fluctuate with life's circumstances, including gambling.

The second point, ending a cycle needs introspection and change. Not simply avoiding gambling locations or activities, but knowing triggers. Routine changes, new interests, and exercise can help. More crucially, it entails recognizing emotional or psychological conditions before relapse. Knowing one's vulnerability enables for proactive action.

Treating intermittent or chronic gambling requires a holistic strategy. Lifestyle adjustments, emotional resilience, and self-awareness are involved. Breaking the loop requires recognizing patterns, triggers, and weaknesses.
2649  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: December 17, 2023, 02:40:00 PM
It is too early to make such comment in my opinion. Because there are 22 more games to be played for Napoli. Everything can change significantly in this time period. Mazzarri isn't a very successful manager considering his whole career so I wouldn't be so sure about him already. He doesn't have a much different career than Rudi Garcia in the end.

This win over Cagliari was good for Napoli. This would surely improve their morale to play better in next games. But we need to see some consistency from them in the future to be able to trust them more for betting on them as well. For now I will continue to avoid betting on them.  Smiley
That's right, we haven't been able to see Napoli in just a few matches and we have to look broadly, perhaps until the end of this season, regardless of Mazzarri's past or track record in the past playing the teams he coaches, but with Napoli it will certainly be different and also the management Napoli does not need to rush because nothing is instant in football, let alone building a team like Naoli, which has lost character after being abandoned by its coach at the end of last season.
I think Napoli's situation isnt so bad. They've had a hard period, and losing their coach last season threw them off. Remember that rebuilding Napoli is a marathon, not a sprint. I think Mazzarri can help them rediscover their rhythm again. Beyond this season, they must think long-term.

However, football is unpredictable, even though Inter is leading the group. Napoli are down but still in contention. If they focus on each game, progress gradually, and maybe change tactics, who knows? They may yet be influential this season. I hope to see a great recovery.
2650  Economy / Gambling discussion / Re: Which one is fun, watching with bet or without a bet? on: December 17, 2023, 02:22:16 PM
Watching with bet used to be more enjoyable than just watching a match. When you've placed a bet on a match, it makes us watch the match and gives us the opportunity to avoid loss if things were against our prediction. Apart from the same my preference used to be live betting which lets us predict the outcome in a much closer manner.

Not for me though, when I watch the game and I see my team aren't playing well, everytime I do a live bet, I have experience losing most of the time. So it's not working for me, watching it and thinking of live betting will only make the situation worse, unless you are a professional sports bettor and you have a data to back up your pick, however, if it's "emotion-based" bet, forget it.
Losing much time when watching all matches its not good ideas but you will feel how interested and more push your adrenaline exactly in sport betting. You can watch football matches and see how to make it interested exactly with your teams bet have won but with small score and left few minutes before ended your favorite teams on under pressure. I believe you can't wait for referee as soon stop the game and not give many minutes for additional time. Only watching with one teams for betting but I agree with you when watching all matches bet waste and losses our time exactly in football have more than 90 minutes o every match.

Just watching one match only and another matches result waiting from livescore update, its not take more time and return when matches have ended to see our bet win or loss.
Your love for sports betting is obvious, but you must be cautious. A single match enhances the experience but limits one's perspective. Isnt understanding the sport's context exciting? By focusing on one's stake, one risks missing the game's richer tapestry.

Additionally, livescore updates alone can be risky. While saving time, it also removes us from the game's full dynamics. We gain efficiency, but at what cost to our sports knowledge and appreciation?

Finally, responsible betting is crucial. Its about healthy, sustainable sports participation, not just winning. We should enjoy the sport, not simply our bets.
2651  Economy / Gambling discussion / Re: Who should quit, and why? on: December 17, 2023, 02:04:31 PM
Yes if both husband and wife become addicted to gambling then it is better for your wife to stop gambling. Female people are rarely addicted to gambling and taking care of their family members is more important than gambling. It will be difficult to protect the family if the girl becomes addicted. If a guy spends time gambling a girl can bring him back to normal if he wants. The better the experience about gambling the easier the game.
Yes, of course the wife should first give up gambling and then her husband should be made aware of the evils of gambling.  Because girls have less courage to take risks than boys but boys never hesitate to take big risks. Because of this, it is very difficult for girls to give up gambling to boys.  Because of this, it is more important to give up the wife's gambling. Because after giving up gambling, the wife can convince the son-in-law about its bad side and if necessary, she can put pressure on the husband and give up gambling.
The gender-based strategy to risk-taking and gambling you propose makes no sense. First, the claim that women are less risk-taking than men is untrue and creates negative stereotypes. Future societies acknowledge that risk behavior is individual, not gender-specific.

Second, believing a wife's gambling abstinence will affect her husband or son-in-law is wrong. Healthy gambling requires personal responsibility and understanding one's actions, not just following others. Problem gambling should be treated by professionals and supportive communities regardless of gender.

Pressuring someone to change their gambling habits is unproductive. It overlooks addiction's complexity and the necessity for supportive, knowledgeable treatment. Instead of pressure or gender-based decisions, awareness, support, and professional intervention lead to healthy change.
2652  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: December 17, 2023, 01:45:03 PM
I never knew Barcelona would be finding it very hard to get a goal in this encounter against Valencia and it seems like Barcelona are gradually getting weak by the day. I don't see them having that force to make teams pay, like making them lose possession of the ball.
The second half shouldn't end like the first half did, I believe that Valencia would be pleased with the result if they have to end the game in a draw. At this point Xavi needs to make some changes to make the team start getting goals in all games because if you noticed in the champions league they (Barcelona) didn't play like they used to, even the game before the champions league game against the league leaders Girona, they couldn't keep up with the pressure that was on them.
I won't say Barcelona would win but if that happens, they need to go and come back with a better plan in their next game.
Barcelona were playing good football and winning their La Liga matches at the start of the La Liga season, but all of a sudden they started struggling to score goals in all competition. Barcelona's poor performance made them lose their last match in the Uefa Champions League. If Real Madrid wins against Villarreal today, they will be 7 points clear of Barcelona in the La Liga table.

I believe real Madrid should claim another 3 points from Villarreal today. Real Madrid has remain unbeaten in 25 of their 26 most recent home matches in La Liga. So I expect a win from home today as well.
Like you, I anticipate Real Madrid to beat Villarreal. Given Villarreal's weak form, especially away, Real should easily get those three points. Bellingham's recent game-changing form has amazed me. He may score against Villarreal and make an impact. Real Madrid fans consider this match a sure thing.

Villarreal's defense is struggling, so Real Madrid may score numerous goals. Real is a tough opponent at Bernabeu for Villarreal, who are trying to stay in the standings. I hope the bookies recognize the odds and offer something worthwhile. In games like these, Real Madrid shines, and I'm delighted to see them play and possibly close the table gap.
2653  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: December 17, 2023, 01:31:45 PM


This week, we will see league leaders Leverkusen take on Frankfurt. Frankfurt itself is not a club that can be underestimated, they are a club that can provide surprises that were not expected before. So Leverkusen must be very careful in this match, if they still want to be at the top of the standings.

One defeat will not threaten their first position in the Bundesliga but it will be very dangerous because they will only be 1 point behind Bayern. But I think it will be an easy win for Leverkusen. They are unbeaten this season. This means they are very strong so Frankfurt doesn't seem to be able to surprise the other teams. Leverkusen does have to be careful with some underrated teams but for me they will always get the win because I see them being too strong this season.

Although Bayer Leverkusen remains the favorite to win and also, Bayer Leverkusen still has a very impressive trend of being unbeaten so far this season. But yes, I still think it will not be easy to beat Eintracht Frankfurt because yes, basically Eintracht Frankfurt is not a weak team and also not an easy team to beat. Therefore, I believe it will still not be easy for Bayer Leverkusen to beat Eintracht Frankfurt in this match.

Indeed, Bayer Leverkusen will also play at home and of course, playing at home will make Bayer Leverkusen seem certain to win. But yes, of course Bayer Leverkusen also remains to have a great effort in this match, because to get 3 points in a situation like this is certainly not easy.

We can't just take because Eintracht Frankfurt won Bayern Munich last weekend and start seeing them as a threat to Bayern Leverkusen, Bayern Leverkusen is a team that put most of their energy in matches just to attain a positive result so despite that Eintracht Frankfurt won a giant side like Bayern Munich doesn't mean that they will do the same to Bayern Leverkusen because if you watch Bayern Leverkusen pattern of play you will understand that Xabi Alonso is doing everything possible to make sure that his team achieve the best results in their matches.
Yes, Eintracht Frankfurt's win over Bayern Munich was spectacular, but it doesnt make them a threat to Bayer Leverkusen. We've all seen Leverkusen's Xabi Alonso-led success. Their form and approach are evident in their 14-game league unbeaten streak. I think Leverkusen knows Frankfurt's game and can counter them. Leverkusen is my pick. Home advantage and a strong attacking and defending line give them an edge. Frankfurt pulling off another upset is unlikely.
2654  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: December 17, 2023, 01:19:52 PM
I think this week will end really badly for Manchester City. Because I believe Liverpool, Arsenal and Aston Villa all are in a situation to be able to win their games this week. Liverpool can win against Manchester United home easily while Manchester United are bad at defending. Arsenal should be able to beat Brighton home as well.

Aston Villa are playing an away game against Brentford but Brentford are really bad this season. They were able to win only once on their last 5 game weeks in the league. I don't think they can hold off Aston Villa from winning another game.
I'm not sure Manchester City will suffer this week. Arsenal and Aston Villa are likely to win, but Liverpool's match with Manchester United is less likely. United can surprise in big matches, especially ones with historical rivalries like Liverpool, despite their poor defense. They might draw, which isnt ideal but better than losing. United's underperformance may motivate them to perform in such an important encounter.

Arsenal looks good against Brighton in the second game, and Brentford may not challenge Aston Villa. Football is unpredictable, and under pressure, teams can perform well. Although Arsenal and Aston Villa are likely to win, I wouldnt stake everything. When least expected, underdogs can win.
2655  Bitcoin / Bitcoin Discussion / Re: Bitcoin is not a quick rich and get poorer investment. on: December 17, 2023, 12:37:04 PM
Bitcoin investment is an investment you start early and take time to grow, discipline, monitor with patient to enable your target of investment excel and you can only make this investment when you patiently elongate it to enable you flourish well to the extend that when you harvest your profit from the investment it will still be progressing and not when you invest in six months time and you are inquisitive to get your profit in eight months time its wrong and getting patient to achieve what you invest is a good helping hands for future and at least when you invest in six months time you get your profit in one or two years or more for your effort to be reasonable and bear in mind that Bitcoin is not altcoin that can be hype or where many altcoins are built based on the basic structure provided by Bitcoin, Bitcoin cannot not make you poor when you know what you are doing and is more valuable and can make you rich when you wisely trade in futures.
Bitcoin is not for the weak minds. Those that naught Bitcoin in other to make quick money, got disappointed and sold there bitcoin for other shitcoins which after they regretted the action they took.

Yes bitcoin is not a get rich quick scheme, if you invest and forget about the investment I think it will do you more good than harm. Because most people imidiately they invest a little money all there hope is chanelled to it. Any all dip in price they become afraid of loss. They will sell and wait to buy when it's gaining sometimes before they could buy back it has already gain alot that's when they will buy again. And when it dip a little they sell again ontill they loss alot of fund due to impatient. So bitcoin investment is for patient people and not impatient people.
Those who panic-sell during dips fail to grasp Bitcoin's fundamental principle: it's a long-term investment, not a quick profit scheme. Impatience due to a lack of understanding leads to disastrous judgments, emphasizing the significance of education in future financial systems.

Bitcoin challenges traditional financial analysis. It forces investors to see falls as natural market corrections in a mature asset rather than losses. This mindset adjustment is essential for prospering in a digital currency-driven future.

Embracing Bitcoin requires patience and foresight. Understanding its role in a financial ecosystem that's decentralizing and democratizing value exchange is key. Bitcoin provides financial gains and a chance to join a transformational economic revolution for anyone who can accept this philosophy.
2656  Bitcoin / Bitcoin Discussion / Re: Best piece of advice to anyone going into bitcoin on: December 17, 2023, 12:19:17 PM
Buy a little bit of bitcoin every week don't care if it's a $1, $5, $10, $100, figure out what you can afford every week and buy it, get rid of unnecessary expenses or whatever you can think of getting rid of and spend it on bitcoin
5 to 10 years if you buy some every week you will be a multi millionaire

This is basically DCA and that has been the advise we have be singing for sometime on the forum. We have to let go of the mindset that we most have a specific amount of money before we can buy Bitcoin instead with any amount we have, we should buy or saved to buy when we have enough capital to execute a trade. What matters most is your consistency and it'll pay off at the end of the journey. If you're buying Bitcoin for a very long time you'll get to a point that you're be buying at a lost but that won't matter since you'll be only concerned about accumulating because you know how the story will end with you rejoicing.

You can't go wrong with investing in Bitcoin. When doing this, make sure you're not investing above your limit and you are strong to withstand anything the market has to throw at you to make you give up on your goals of accumulating. Set a goal for yourself and accumulating because easy, don't just accumulate but have a plan that you need to reach in a specified time and when you do this you get a sense of fulfilment from completion of that goal and also owning Bitcoin. It doesn't matter how little you're buying but just keep buying until you have gotten enough for yourself. When investing in Bitcoin, play the long game always and not get distracted by the gains you can make by shorting or longing the market.
Personal finance will increasingly prioritize consistency over capital size. DCS's simplicity - invest when you can - is its beauty. To reduce cryptocurrency market volatility, this method is crucial. Yes, time in the market is more important than timing. Remember the importance of risk management. Bitcoin investment can be rewarding, but all investments have dangers. You're right about not overinvesting. Ambition and caution must be balanced.

Setting measurable goals is essential. More than just acquiring Bitcoin, we're developing financial stability. This paradigm shift is crucial as society embraces digital assets. In the volatile Bitcoin world, your vision and rigorous investment strategy are a winning combination.
2657  Bitcoin / Bitcoin Discussion / Re: The future of Bitcoin as digital currency on: December 17, 2023, 12:00:18 PM
Bitcoin definitely promotes financial independence and empowerment. Ideally, it helps people overcome socioeconomic hurdles. Purely, this technology democratizes the economy. Virtual assets like Bitcoin could change wealth distribution in our society. We must recognize the intricacies. Ownership should be allowed, but governments must provide stability and discourage misbehavior. Instead of restricting freedom, their involvement can make Bitcoin's growth and adoption safer. Integrating innovation with responsible monitoring is our goal.

Bitcoin may help break the poverty cycle in this future. Learning and working with this technology could lead to extraordinary success. This is about establishing a more equal financial landscape where everyone can prosper, not just accumulating riches.
2658  Bitcoin / Bitcoin Discussion / Re: Would it be enough to buy 100 dollars worth of Bitcoin every month? on: December 17, 2023, 11:40:27 AM
I'm preparing for the college entrance exam to go to college, so I can't make money from working. I get about $100 of allowance from my father every month. I use all of them to buy bitcoin because I can use father's credit card for expenses such as food, clothes. I can buy Bitcoin on a satoshi basis every month, but when I see people buying Bitcoin basis on the internet, I feel like I'm too behind myself. Maybe they have a much higher income than me because they have a job. I think I can only invest $100 a month for the next year or two, would that be enough? I am worried about missing big bull market with halving and etf approval.

Investing 100 USD per month in Bitcoins as a student is totally fine and you shouldn't be giving yourself a hard time about it. Since you don't have any income yourself and fully rely on your parents to take care of you, it's already a lot to set aside 100 USD for investing. I assume that is the money you could be spending going out with friends during the weekend or go watch a movie, have a nice dinner, etc. So, cutting back on your personal expenses to start building a crypto portfolio is fine and should lead to some decent long term profit. Don't worry so much about missing out on the next bull run, because there will also be the next bear market around the corner which will send prices down again. Crypto markets always tend to move in cycles and you will find another good time to invest in. Focus on your studies and then you can buy much more cryptos once you graduate and have a well-paying job. Another thing could be to find a student job that gives you additional income without impacting your studies. That additional capital you could be using to buy more Bitcoins per month.

Even though he relies on his parents, it's smart to save $100 a month. A good mix between enjoying the present and making money in the future. It's mature to put investments ahead of meals and trips. Diversifying your investments is important, though. Back Bitcoin, but don't forget about other crypto and non-crypto choices as well.

But caution is very important. The crypto market is unstable, so you can make money or lose money. Long-term wins should be more important  than market swings. Your plan should last a long time and stay the same even if markets change.

When invest, think about jobs and schooling. As you said, getting a part-time job could help him make more investments. Never at the cost of your schoolwork. In terms of job and money, education is an investment that pays off.

2659  Economy / Gambling discussion / Re: Logic of some gamblers against math on: December 16, 2023, 04:59:23 PM
If really good logic was used then it wouldn't be that kind of thinking, but they would know that luck won't come second time at almost the same time.
But if it is said to be strange logic then it is true and usually gamblers with thoughts like that will never be satisfied with their winnings, in fact they will lose more or even more than the winnings they have already won.
If luck can come back then I sure there will be no gamblers who will lose more after winning and continue to gamble again, they will definitely get the same win again.
It just that in reality what happens is that the win is win that cannot be repeated and every gambler should be able to take advantage of the win by withdrawing it, even if only part of it, at least there is money that can be secured.

And it is true that calculated correctly using mathematics, the chance of that luck being achieved again will be smaller.

The gambler who had good intentions to win will bet on the most possibility option in the gambling site.The gambler who find the best possibility in the gambling can easy make money from the gambling site,but most of the gamblers won’t satisfied with their win.So they will do the betting for the longer period,the gambling loss may occur as the mathematics law defines of loss after the win.If the gamblers who not satisfied with the small win may forced to face the big loss in the gambling site.After this the gambler should not spread bad about the gambling sites.The reason for the gambling loss is he doesn’t agree with the gambling giving winnings for their gambling game.
A gambler can only choose which game he thinks can provide big chance of winning and this is just like having confidence in one of the game choices in the casino.
After all, no gambler knows when they will be able to get larger multiplier, but there is thought that often occurs where gamblers think they will be able to get the same win or multiplier.
But apart from that, it can be called feeling of dissatisfaction with what you have got, there are also other factors such as the pursuit of making money, but I still can't understand how gamblers have thoughts like that.
I sure they have experienced repeated failures several times because of their own ambition but they don't learn from these failures and still believe in clear beliefs that only bring destruction, isn't this very detrimental?
The actual calculation in mathematical law is that there will always be price that must be paid if you get profit and defeat is the payment. We must understand logically that there is no victory without defeat.
No one can avoid it but we can minimize it by being wise gamblers, we must be able to save or withdraw certain amount of winnings to protect it so that when we lose we don't lose anything bigger than the winnings we get.
You apparently correct but most times, even the games that we don't trust win but the ones we trust get cut sometimes, however I do like to say that luck is the number one thing a gambler should pray for and not to trust an odd because no odd is sure, every odds have a chance of losing.
No body will ever tell you this unless you sit down to think about it, this same situations makes most gamblers to gamble more and also lose more anytime they are trying to chase their losses.
Although I don't blame those gamblers that are trying to chase their losses because most of them have use a loan money to gamble or someone's money, but the truth is that no gambler should ever use a loan money to gamble, instead they should not gamble if they done have the money to catch the fun.
Your point emphasizes gambling's unpredictability and hazards. In our world, luck rules and certainty is an illusion. Despite this, gamblers often believe they can beat the system. It's a psychological trap - "beating the odds" is appealing but unlikely. We must acknowledge this.

A friend, an enthusiastic gambler, thought he had perfected betting. He kept betting after losing, believing his strategy was good. He was riding chance, but reality was cruel. His example shows that gambling, especially with debts, is risky. Leisure activities should be done with money you can lose.

Gambling to recover losses is risky, especially with borrowed money. A spiral of loss and desperation typically results. Gamblers must accept this fact and bet wisely, acknowledging luck and our boundaries.
2660  Economy / Gambling discussion / Re: A gambler takes his own life after a loss. on: December 16, 2023, 04:27:48 PM
More or less all of us are related to online gambling in particular but I don't know losing gambling and dying but really it's madness. However after losing money in gambling, the temporary nature of the self changes and then any kind of bad behavior comes to mind. But i go to face the situation when i lose more in gambling then i stop playing. I give some money to the family first and gamble with the rest so even if i lose i find it bearable. Usually society blames gambling more in such incidents but you have to understand that no one is forcing you to gamble.
A person can only take his life if he is under immense mental pressure, and that mental pressure makes them mentally paralyzed after one point which means that they lose the ability to think or understand anything, that's when they decide to end it all and they finish their life. They say that a person loses their ability to think or feel anything within 15 minutes of committing suicide, but I would say that they lose this ability right after the point where they start taking too much stress. After that point, they just stay pressurized until the last moments.

Gambling or anything else that involves finances and carries risk isn't for people who can't handle pressure or don't have low self-esteem and self-control, because such people will quickly become stressed out even if they lose a small amount, and that pressure starts building as they keep losing until it reaches a point from where they can't go back or get out.
Mental health is a spectrum, not a binary switch. The path to darkness is frequently slow, with subtle emotional and cognitive changes. Stress is rarely the issue; its how the mind handles it. Consider this tale: Average Jane starts online gambling. Its fun at first, but losses increase her tension. She thinks she can recover, but each loss deepens her financial and emotional hole. Jane's experience shows how gambling's addiction exploits the human inclination to chase losses, creating a destructive cycle.

Relationship with gambling matters. This high-stakes game requires self-control and alertness as safety nets. Lacking these attributes makes people more vulnerable, but dont generalize. Some like gambling without the risks. Balance, knowing limits, and playing with a clear mind are key. Roll Eyes Roll Eyes
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