Just for discussions and ways to educate or share knowledge with ourselves when and how to draw the line when gambling,  because for some reasons, some gamblers have arrived at unstable realities because of the lack of stoppage time while gambling so let's talk.
When do you stop?
Some stop gambling immediately the record a big lose, while others continues when they lose with hope of recovering.
Some other gamblers stop playing when the win they first few games, while other continue to chase the loses, and technically ww can tell in accuracy when this things happens, but when is the best time to stop gambling and take a break?

1-when you lose?
2- when you win?

~snip~

I also lost money because I lost on gambling, but maybe not that much. But I know there are people who spend a lot of money for gambling. In your opinion, what should we do if we have lost a lot of money on gambling? Do we keep gambling to win so we can cover up previous losses? or stop and work normally and leave gambling? Or do you have other suggestions?

I will convert it to fiat and some to stable coins, wait for bear market to last and and invest back after a significant bear market. I will use the money I receive elsewhere for other things. But later I may prefer to use my bitcoin money to start a business but that has not come to my mind than to sell and buy back after massive bear market and make my children to inherit it.

Hi,

As everyone knows the goal of betting is to get the largest amount of money , knowing that the risks do not change whether you bet a large or small amount, and sometimes the amount you bet with is your capital, and this drains you of your time and money, and perhaps your work and daily tasks.

Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?

How do we regulate our emotions while betting and how important is it?

Some people are simply idiots. But first I wouldn't believe everything I see in videos like that. Would that man have done the same if there wasn't a camera in front of him? Besides, how can we be sure that they are his life savings?

If they were his life savings, I wouldn't be surprised if he would soon lose them with one gamble or another, or with drugs, or something, because those who take that kind of risk usually end up in a bad way.

One of the most important factor of a successful gambler is to know when to stop, most gamblers expecially the addictive type don't even know what is stop when it comes to gambling. So it's very important to;
* Stop when your losing is now getting to you.

* Stop when you are now feeling as is you can't do without gambling.

* Stop when you have a big winning, by channeling the money somewhere else so you won't lose it back to gambling.

* Stop when you are not even winning at all, it's not your thing.

* When your losing is weighing you down, stop and restrategize .

There are gamblers who have great instincts and can forecast games that may end up winning the bet. But they are scared that they may lose. They dont trust their own betting predictions so they would rather go to a gambling prediction site to some daily betting tips.

So i want to know as a gambler that you are, do you feel following those betting predictions from those sites would favour us in gambling more than our own predictions? For me i trust my predictions and i have won more when i predict for myself than letting someone predict for me.

It is as simple as saying those that financially dependent on the gambler. The only people that may not depend on the addicted gambler but not happy about their son or daughter addiction are parents.

I prefer ways to avoid the addiction than those that are indirectly affected.

👉 how do you view women gambling in your area:

👉how do you really feel when you lose money on gambling?  Do you feel bad or just lie to yourself that's it was for fun?

👉how do you spend your gambling wins:

👉how do you feel when people ask you for money to gamble?, do you gamble with debt?  Or would you never indulge in such no matter how sure you are about the game ?

👉Do you set rules or limits on how much you stake per week to control your addiction or you are disciplinedenough to know when to stop?

👉behind the mask of loving to gamble if you get rich would you still gamble or never again?

Excessive gambling is detrimental to the life of a gambler no doubt, stories, facts and truths have proven this that they suffer a lot of pressure, tension, loses and frustration. I am also concerned about the impact of gambling on the lives of those dependent on the gambler like his immediate family(wife, children, parents and siblings). I have heard stories of children whose early lives were messed up due to the bad habits of gambling addiction of their fathers. A very recent one is one account in this forum which created a topic staring his hatred for gambling and backing his claim with same ugly story of being a product of a home where the father is a gambling addict. He stressed that it ruined his father and affected him disastrously. I know how painful and frustrating it is when your foundation its poor, and the negative effect is massive.

So I want to ask, between the gambling addict and his immediate family, who does the addiction affect the most?

The game of luck that is involved in gambling, is it the one of individual grace which attracts goodwills? Or it is by the days the gamble decides to remember you and then gives you the chance (s) winning?

I brought this up here because last night I went visiting a friend in his house and getting there, he was busy concentrating on his phone which I knew nothing about what he was in there doing.
He pleaded with me to be patient a little so he could finish up what he was doing and I said okay, go on and don't even stress yourself hurrying because of me.

He went silent at me for over 10mins and finally, it was the casino game tha he was busy playing.
The next thing he said to me was... Mate, let's roll out to the mall, I am taking charge of your bills tonight.
It was like a joke and we both went shopping and he paid $800 of my bills.
Guess what fellas, he said he won $13,980 in his casino bet while I was in his house. He claimed it was by my grace of goodwills and positive energy that attracted him that luck to win so, he don't mind having me 10% of that winning because he can't remember the last time he won a bet.

I don't really believe this dude because such grace has not even worked for me although some of my physical trader friends sometimes says they have more customers anytime I comes around their trading centres and they love having me around.

Does this really happen a reality or it is just some sorts of mental reasoning fellas?

~snip~

Investing into Bitcoin is good and for the time being, we can actually make a ten year speculation on the fact that it will still remain a  valuable and profitable investment but the question here is;

Is it wise and realistic for someone in his early twenties to set up Bitcoin as  a retirement plan such that he continues accumulating Bitcoin from this time till he gets to his retirement age?

~snip~
The only down side I have experienced is the price volatility of Bitcoin. This has a huge effect on the business, because you need cash to run the business. Do you convert to fiat immediately or do you hodl the crypto payments you receive? If you choose the latter, how do you keep record of your actual profits? For me, I save my money in USD because of the unstableness of the naira. Accepting crypto payments has been of great benefit to me, crypto doesn't have an off-day like the banks do not work on weekends and the network on weekends are usually terrible, crypto payments saves me the bank trouble.

Advice

You don't have to know everything to begin, just start. When I started, I used electrum wallet to receive payments. Then I got to know about lightning network, which I adopted. I have recently become acquainted with a crypto exchange in Nigeria. I'm considering a deal to create a merchant account with them as a payment gateway.