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?
It depends how risky you live your life. There is a portion of people in the investment arena who got rich by following the "everything is good in moderation" type strategy, where you diversify a bit so you don't lose everything if something causes a shock to one particular market. Anything that has gone up like a rocket could drop back down like a stone - it works both ways. Some people had a lot of faith in Bitcoin in the very early days, bought a lot and made themselves mega rich because of it and those people will forever be grateful to the experience it gave them. However it is basically an intangible and non-productive asset which you are merely hoping to sell to someone else at a higher price, instead of say gold which can have many physical uses or companies that can pay out profits every year/ |
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Online betting has become the main concern for the majority of young people, as players flock to casinos forcefully to obtain the largest possible amount of money. There are those who invest thousands and millions of dollars, but there is a serious problem as the majority of sites provide facilities to ensure players’ participation and entice them with large sums of money. Then they steal every cent directly. There are sites that do not target young players, as their victims are those with large amounts of money. Other sites initially deal transparently and seek to gain the trust of the players until they obtain a large audience. Then they begin their hellish plans. So , the majority of gambling sites are unsafe and it's hard to trust them .
How can I choose the best betting site that provides me with a safe betting experience?
Does this site provide a high level of safety for its players?
I need help from those with experience in this field
You're in one of the best places to find a good crypto gambling site, because in general most of the other review sites out there are interested in funneling you towards the most profitable affiliate programs that only benefit the website owner. When you're here and interacting with the largest collection of bitcoin users in a forum, you can quickly see the scams get shut down - there's even a whole section dedicated to calling out the bad operators. However many people like to label gambling site with the "scam" brush just because they always end up losing, which is pretty much baked into the odds that each site is fully transparent about and displays. You cannot be the maths involved over the long term, without getting freakishly lucky (which is not going to happen). |
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I don't know who needs to hear this but you need to get insurance if you have assets that are your source of income and it can be insurable. This may not mean much to a lot of folks in developed countries because they're familiar with it, but a lot (and I mean a lot) of people in underdeveloped countries don't care about insurance.
I've read stories of people who were okay financially going broke because they have spent all they had to treat an illness for themselves, their children, or loved ones. I'm not saying insurance is our personal lord and savior, but it can help you in tight situations.
Around November last year, I volunteered to join a local and small NGO that was taking food, drugs, and other supplies to flood victims.
For context of how big the flood was, we used speedboats on roads and it was as though we were on a high sea.
Experts gave lectures on how to prepare for a flood and not wait for it to be too late. Some of the people we met told their stories.
We met one woman whose case I found very interesting.
She had a farm; a fishery and a poultry farm. The poultry was much bigger than the fishery. The farm was so big and established it made her thousands of dollars monthly in gross income. The flood took her by surprise, she was able to rescue some feeds and animals, but she lost so much of it.
Now let's ignore the fact that she was careless for not believing the warnings that a very big flood was coming because, in her words "In my 56 years of being alive and my 17+ years of doing this business, I've never experienced the tiniest bit of flood"
Let's focus on the fact that neither her farm nor a single thing on the farm was insured despite generating that kind of income.
Because of the damage we saw, the NGO started a campaign for the government to help these farmers with grants and loans so they can get back on their feet (but y'all know how politics gets). This allowed us to visit this woman at her farm. She's back on her feet, but it could take years to get back to what she was before the flood.
If her farm was insured, it most likely wouldn't have taken her that long.
There are many more people like this. A cab driver loses his care and he's back to square one because that's his source of income. Others get an illness that is expensive to treat and they go broke trying to pay for the treatment.
A husband and father die unexpectedly and leave nothing behind, leaving the wife to struggle alone to take care of the children. This takes a family that was comfortably a middle-class family to a lower-class family.
If you make money, get health insurance for you and your family, and insure your assets that are a source of income, businesses. Get a life insurance to secure your family's future.
There's a saying " hope for the best and plan for the worst".
Insurance is a good idea in many scenarios, sometimes it is legally or contractually mandatory in order to protect certain parties. Take home insurance for example, while you are not legally obliged to get it, you'll often find that most mortgage providers will require you to take it out or they will do it on your behalf, because there is a very expensive asset that needs to be replaced if anything goes wrong. Depending on where you live, it can also be a very cheap price for the peace of mind it buys. However you have to consider your particular circumstances, as the example you give of life insurance is useful if you have a family but is not necessarily required if you are single and your assets can just be liquidated if you were to pass away. |
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Don't be deceived, not every gamblers who actually claims that they won really won.
Some falsefully speculates that they won just because they want to pave an ease to those who has been advising them to quit or limits gambling simply because the gambler has been unlucky to win instead he keep betting over and over without a good bankroll management in their gambling carriers.
They basically do this because they feels disturbed and inconveniences of the people's opinions and advices towards the gamblers unprofitable gambling experiences
Some people like to seek out popularity in life, others find it difficult to accept their perceived shame that comes with losing or even just find a sick pleasure in deceiving people. There's all sorts of reasons that might cause people to lie about winning when it never actually happened. There is a lot of money floating around in the world of gambling and great incentive for companies to trick people into thinking that you can win big. There are also people who try to make a living out of selling winning tips, so they naturally want to be seen picking a higher amount of winners and will go to great lengths to hide any losers. Selectively deleting tips or subtly adding the outcomes after the event has already closed. |
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People might be aware that some of the esteemed and largest organisations are laying off their employees left right and centre, are we heading into recession? Because I have seen my colleagues getting laid off and it's been months they are unable to find a job. Either we are heading towards recession or globally companies overhired the employees post COVID hence clearing the additional manpower. I am bit convinced that it's like recession sort of thing and not sure to over hiring. Share your thoughts on this crisis which has left a good amount of people without any work.
It's definitely tough times in the job market right now and this feels a bit like a stealth recession, because all the economic indicators are telling us this is rather mild. Anyway, recessions are nothing new and historically you can expect them every 8 years on average, with smaller corrections happening every 2-3 years. With that in mind it should be no surprise or shock that companies are re-calibrating right now to save cash. However as recessions go, this one seems to be the best type that you could hope to get, you'll find that the unemployment rate in most advanced economies is still relatively low, even though it might feel like there are many job cuts taking place, the reality is most of these people could get into new work elsewhere. |
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After a thorough research, I've come to understand that the history of gambling could be traced far back to the ancient Chinese and was mostly practiced by men cause by then it didn't seem right for women to be involved in such act, Well it wasn't illegal for women but there where more men participating in casinos than women, but change they say is constant and as time passed, women gradually began to participate in the act and I think in the 19th if I'm not mistaken more women began to participate in it and by then a woman called Alice Iver Tubbs, also known as (Poker Alice) became a professional in gambling, history have it that she was very good with poker which led to the name Poker Alice.
However in recent times we're beginning to see more gamblers who are woman emerge and though they're not yet equal to the amount of male gambler, a good amount of women globally have began to pick interest in it, since it's now being socialized, to back that up, I know some of my friends that participate in gambling and even play slot games as well as staking of the UEFA Champions League games, I know a friend who also love to stake on Al-Nassr cause her favourite football celebrity Ronaldo plays for the team. lol I won't also deny that she's gradually luring me into sports betting as well.
Also the rate at which women are now picking interes in gambling is so alarming, there are a good number of female punters on the media with good fanbase and they give good betting advice, we all know that gambling does guarantee 100% success but if you follow their predictions you could get atleast 60 to 70% chances of winning the bet. That's to tell you how well women are now involving in gambling and as time passes there's a tendency for more women to indulge in it as well, since the social media have made gambling more popular and the fact that it involves sporting activities makes that more possible.
Do you have any evidence to the claim that "the rate at which women are now picking interest in gambling is so alarming"? Because you haven't supplied any. In many societies around the world, women are often still paid less than men and equality in pay is at max a few decades old in even the most developed countries. Women are also often in the position where they are raising the family and all spare funds are often allocated in this direction, to give their children the best upbringing possible. This also connects with availability of time which is also limited. Then I don't have any proof, but I'd say that there is also a greater risk aversion and less wastefulness in spending when it comes to women. |
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I just noticed that there are lots of developments challenges in our different society that so many needs a solution and I took some time and see how I can be of help to that by doing some research but I haven't come to conclusions cause I believe there's something to be done
THIS IS WHAT I GOT
Eradication of poverty in all its forms and dimensions
It's estimated that approximately 700 million people still live on less than US$1.90 per day, a total of 1.3 billion people are multi-dimensionally poor, including a disproportionate number of women and people with disabilities and 80 percent of humanity lives on less than US$10 per day. Increasingly, middle-income countries account for a large part of this trend.
I believe this can help and I believe you drop SOLUTIONS to someone
You believe that poverty should be solved? That is your big brainwave idea? People have been trying to solve this since the beginning of time and it's hardly an original thought. You couldn't think of a single solution to put forward yourself, that seems an incredibly lazy way to pose the question. Poverty is also vastly different in say America versus the middle of Africa, there is no single solution to this idea on that basis. You could say that legalizing and taxing drugs in America, instead of wasting billions trying to fight "the war on drugs" and putting it into treatment would be more beneficial and safer, as addicts can often come from poorer backgrounds. It would also starve the criminals in the drugs trade and eradicate so much related violence. |
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Hi guys, I don't know if something like this have been discussed here in the past, a thread a I previously commented on made me curious about this, so I decided to ask here.
It's a pretty forward and simple question, which is...
1. What is the highest amount of money you've bet on a single game in the past?
2. Did you win or lose that game?
3. Was it an amount you were actually ready to comfortably lose?
My own answer
To the first question, the highest amount of money I've bet on a single game was around $3000, I bet this amount On a sport match between Argentina and Saudi Arabia in 2022 world cup tournament.
To the second question, unfortunately, the game did not win, so I lose this money unfortunately, was a very bitter experience for me.
To the third question, of course this amount was money I was never ready to lose, but over confidence in Argentina to beat Saudi Arabia made me bet it in the game, but somehow, Saudi Arabia managed to beat Argentina, and this was how I lost that money, till date, this remains the highest amount of money Ive bet bet in a single game, and unfortunately, I lost it.
So, what about you?
The highest amount I've bet was probably only $50 on a single event - a horse race. This was after earning a bunch of cash by taking advantage of welcome bonuses at many websites and seeing a promotion for horse racing. After only doing football betting before that, the odds available on horse racing seemed huge in comparison and enticed me in. However the bet failed and taught me that horse racing betting is highly risky and I didn't have a clue how to do it properly. It was definitely one of those painful memories that established that I prefer not to lose money on sports betting and now I keep bets much smaller, it means that the wins will be much smaller but it's purely for entertainment anyway. |
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Over the time, I’ve seen several post, by users here who, claim that gambling is strictly for fun, even when one is making losses and I’ve paused to ask this question “Is there actually any fun in gambling especially when the losses are more than the winnings?”
Let’s be frank, there are several other things one can do for fun aside gambling and I understand that life it’s own is a risk but seeing claims that people see gambling as fun even when making losses is weird and I think it’s worth discussion as to know if truly people gamble strictly for fun without minding if they’re losing or winning
It depends what approach you are taking to gambling and whether you are participating in a skilled game, or at least one that does not have a pre-defined advantage to the house. Take poker for example, you might consider that losing money at the beginning is the price of admission and education to the game, over time your goal is to refine skills then close your leaks. Once you reach a tipping point of experience in a skilled game you can eventually weigh it in your favor. Other people honestly just don't mind losing, whether that is because they want to while away some free time and/or they have a big enough stack of money that they can do so. However a large portion will simply be putting on a brave face and be in a state of denial that about their winning track record. |
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Expectation from people could be the driving force that keeps us going or the reason why some of us gets depressed because of our inability to meeting those expectations.
Because some children did well while growing up in there preliminary classes, people always expect you to come out of the university with destinction and when you're unable to do so, it could get you depressed because it appears most time as though you've failed big time in life and that no one will even understand you at all. I'm at a cross road where my parent and siblings believe so much in me, academically, because I did well in high school but the reality is that I wasn't my best in the university and no one wants to imagine that its a possibility.
How then do I mange the expectation of people on me such that i don't get into depression when I'm unable to meet up with it.?
It's almost like everyone knows you're going to succeed but don't even care about what you're passing through while you're striving to make them proud.
It seems like a paradox to me, the word "distinction" conjures up definitions of excellence and truly standing out from the crowd - how can everyone, or even a large portion, be standing out from the crowd? They would just become the average in that context. It should be expected that in general most will get average grades, because you don't need to learn beyond the basics or even show that you can apply them, to be worthy of a reasonable university grade. Any other method of looking at it would suggest that uni grades are manipulated or rigged in a way that makes them less worthwhile as qualifications. It's probably related to the large cost that it now takes to attend university in many countries, so people hope they are buying their way towards the top grades and have built up a false picture in that regard. |
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While watching TV with my kid, I've watched various advertisements of gambling nature (let's say for example, Rummy123, RummyCircle, A23 Rummy, etc.)
These are all specifically Indian ads, but I'm sure you may have seen various gambling advertisements, some banners at boundaries when cricket is ongoing, even in any other sport. How would a kid ignore those things, they might just come and ask you about what is it. Till when can we lie to them? Don't you think that the frequency of such ads must be less in order to let the kids not get trapped into gambling and don't do it at such a small age?
It really depends on what country you're in and what you're using to stream TV programs these days. Many countries have banned gambling adverts or impose heavy restrictions on them. If you watch Premier League football or those of other leagues, you'll often see sponsorships by major gambling sites these days - all around the pitch and on the shirts of players even. I don't want much TV and find it hard to recall if it's currently allowed in my country. Each country has it's own peculiarities when it comes to advertising though, one thing that shocked me was when visiting America and seeing the hardcore drug advertising taking place, basically telling the public to tell their doctor what to prescribe for them, it was mental. |
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Look, you can be old and rich or young an poor, but being old and poor is bad shit.
A surefire way of doing the wrong kind of things is to spend your money early or try to live a good life quickly without thinking about the future. Or if you have an ok job or income to think that is enough, even if you cannot save.
All young people, understand that time an money are linked. It is not the same to invest early than late, it is not the same to invest more early that try to invest more later. 100 is worth 100 today, but 800 in 20 years if you play it safe but well. Make no mistake, you will need to start creating your wealth.
Saving while young is a good starting point, in the sense that your net worth is positive instead of in debt, but really once you've acquired a decent backup fund to get you through say 6 months of tough times - you need to start to think about investing instead. Saving rates are good at the moment and a very reasonable way to invest, but they are an anomaly compared to the previous 10 year period where saver rates fell below 1.5% per year. Compared to having your money invested in the stock market during that time, you would have lost so much compounding potential and the real world value of your money would have been eroded away if you left it in savings accounts instead. The point being that you need to be dynamic and flexible, adjusting to the financial opportunities that are available to you at the time. |
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Every day, thousands of dollars enter or leave the treasury of casinos, and we always hear about a gambler who wins or loses a large sum of money.
The thing that caught my attention is that the casino never loses. The money that you win is not the property of the casino, but of another player. The casino is in the process of recycling the money that the players have invested. There is always a winner and a loser, and when you bet with an amount of money, you bet against the money of all the other players. If you win, they will pay you from their money, and if someone else wins, they will pay himBTCBTC from your money.
So the casino remains the biggest beneficiary, right?
If you have to ask this question you have missed the simple dynamic between gamblers and casinos. There's a reason that the owner of Bet365 got paid out hundreds of millions in profit just from a single year. It should be plainly obvious to anyone that casinos and sportbooks are pure money making machines, the only competitive element in the equation is the rivals they are competing against to drain the wallets of gamblers. In that regard even a few points extra on the bookmaker odds that are on offer will over time sway more gamblers towards a certain gambling site. The players are just simple puppets that have the odds openly presented to them and they still choose to pour their money in. |
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Actually have come to understand the fact that when ever dollar increases it may likely cause the depreciation of other currencies in underdeveloped countries. Particularly this might make this underdeveloped countries to be very poor. It can also make them not to engage in the global market of trading, because their currencies can not meet up to this increase in dollar. I think it’s really a global issue that needs to be addressed in order to help this underdeveloped countries.
This relationship has always been present, people in unstable countries have historically and are likely to continue relying on the US dollar in the near term. Firstly because it is in America's interests to keep this relationship going, as they benefit from being the "reserve currency of the world" in many different ways, but one of the major benefits is being able to loosely influence financial compliance. America also gains a lot because they're able to control the printing press to their advantage compared to most countries. That being said, people have flocked to this currency because it at least so far has always been good on it's debt obligations and the government - even though it may not seem like it at certain times - has always been relatively stable in comparison to some other places, like China for example. |
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A couple, who had been dating for a mere three months before they won an eye-watering $1.9 million dollars, split soon after. Based on the situation of this couple, regardless of them being split soon after the winning, I think the best thing to do here is to cut the prize into half so that tensions between the two parties will de-escalate and avoid any confrontation or emotional turmoil and stress that sometimes end up so badly on both of them. Ego clash won't bear good results that is why we need to keep ourselves calm and fair with others especially in a situation like this. Have you ever tried something like this situation before? So what is your thoughts on this, 50/50 good for you or nah? Will you insist to have an ego battle if you are on the same situation? If your answer is yes then Why? And if no then why not? What are the things you would do to resolve the issue? How do you think you can handle this kind of situation? There are many cases similar to this that have happened in the past, gaining vast amounts of money can really change people or it might just wake them up to the fact that they would otherwise not be together now they've got options available. It's somewhat like the jealously and bitter feelings that can build up towards lottery winners, coming from family and "friends" after they've been told about big wins and sometimes try to leach off the winners. It can often be wise to keep these large lottery wins secret in that scenario. However for this couple, they were probably never meant to make it long term if this moment of ecstatic happiness caused them to break up and did not bring them much closer together instead. |
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India is the new leader of the global south .... And a replacement for China ? China has recently started to openly surrender its position. both politically and economically. politics is not the place to discuss, but the economy leaves much to be desired. Although it is partly a consequence of politics  ) But to the main point - in the "Global South" today there is a situation when yesterday's leader, China, can no longer fulfill this role (although it wants to), and no one can take this place except India, due to many reasons. At the same time, India looks much more attractive to the "Global West" than China, which has decided to go into a dictatorship inside, and has a rather dubious foreign policy. China has ceased to be a profitable global factory, plus purely political contradictions with the West. It was the outflow of Western investments, and the decline in demand of the Western market for products manufactured in China, that became the catalyst that accelerated the 3 processes: - Import growth - Reduced exports. - And as a consequence, a shrinking trade surplus. At the same time, a very complicated situation is brewing inside China with a chain of bankruptcies of budget-forming companies. Of course, China will hide it, but as they say "you can't cheat arithmetic, and 2+3 will never be 10". Another problem is the relocation of Western assembly sites from China. Large regional high-tech companies are also leaving Chinese sites - for example, Samsung. And guess where all this is moving to ? That's right - to INDIA ! Stable, predictable, adopting the Western vector of development, and moving away from contacts with "dubious countries". India does not "beat in hysterics of dedolarization", does not conduct dubious negotiations, and does not support economic terrorism of some other countries against the world economy. India benefits from stability, long-term mutually beneficial relations with the developed world, a well-deserved place in the world economy and financial system, and realization of its regional ambitions, which China is beginning to lose by failing to implement 2 projects: - "Yuanization" of the BRICS countries - An attempt to "put the same BRICS club members on the needle" of importing Chinese products. It was a poorly concealed but absolutely understandable attempt to save the economy, but ... What about India? A country with a huge territory and great human potential, developed industry, and long-established ties with the Western world. India has a very good education, and not a small middle class, with good education from western educational institutions. In India, stealing Western technology is not part of the economy as it is in China, for example. In terms of logistics to EU and African countries, India is more conveniently located. Plus in India there is no problem of population aging, which started to give itself in China "thanks to" the policy - "one family - one child". It is also worth paying attention to the IT market - it is perfectly developed in India and continues to compete with other markets. Plus - wiser, more balanced and liberal business policy is what China is losing and will not contribute to the free development of the economy. So the question is - what do you think about India's potential, opportunities and prospects, in light of the idea of India becoming at least the economical "Head of the Global South", and possibly "one of the poles of the world system" ? India is going to do very well in the upcoming years because Xi Jinping is getting very confrontational and going back on a lot of freedoms that China had opened up before he came along. At the end of the day China does not allow any sort of reasonable foreign ownership and all large Chinese companies are effectively dominated by the CCP. This was fine when they were taking a light touch approach, but they are trying to pull it back to a more centralized approach which has been disastrous in their history and it appears the current leadership have not learned. Dynamic economies are where original ideas are spawned because people are allowed to make mistakes, but when mistakes are harshly punished then people stop taking chances on new ideas. |
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I had a friend who use to play the gambling only when he consumed drugs,Sometimes he use yo win the money.But most of the time he loss the funds,when we have a chat on the weekend we shared our experiences.The reason of the loss in the drug consumption is the gambler will play the game without any hesitation to take risk.The gambling is the risky game,the gamblers who take huge risk some times make the huge multiple of betting dollars.But the risk doesn’t make him win,because the meaning of the risk is the possibility of losing and winning.Every month we meet each other,the odds between us is gambling.
My friend also added when he had huge winning in the night games without drugs,he had an habit of playing the gambling at the earning morning after wake up.It doesn’t mean an addiction,it was his dedication towards the game.But the sad part is he will loss sometimes if he wake up in the few hours sleep.When he had shared this I had advice him not to do the gambling in both in drugs or early morning games.Because we should not play the game at the early morning,because we are beginning the day.If the game give the loss in the early morning,the entire day will goes in a negative vibe.The new gamblers should take it as the lesson to avoid loss in gambling.
When you're on drugs you are not making optimal decisions, both in life generally and with your day to day actions. Being under the influence can effect you in all sorts of ways, from making you drowsy, to slowing down your response times, to affecting your patience to play and much more. Even if short term you are able to cope with it, often you can build up an illusion in your own mind that you play better and refuse to accept the truth. It's also a rather expensive combination, when generally to win at gambling (in the few skilled situations where you have any influence over the outcome) you need your mind to be razor sharp and making the right decisions, calculating odds or reading other players, which is made harder when intoxicated. |
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Through out last year I find it hard to get things done with funds despite how my earning was and I find it hard to spend more on my bills around me , though I have been seeing some humans earning and paying bills with one source of income and I do ask myself how is it done
please your advice will be of help
Some humans? Are you not human? That's a pretty strange way to write about other people but it might just be a language barrier thing. Anyway, the only way to move up in life if you feel like you're floundering when it comes to your finances, is usually to move jobs or get an additional side hustle on the go. If you're planning to switch jobs, it's better to stay employed and move from that position of strength while you apply elsewhere, you can also try to get as much extra education as possible especially if you can squeeze it from time with your current employer. Unfortunately employees and employers are in a constant battle with the latter trying to keep wage growth suppress because it effects the profits at the top. |
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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?
There's no need to have any sympathy for this person for so many reasons. First off, if this person really is in the big leagues as an "influencer" then this is pure pocket money for them and they often use these controversial videos to drum up even more viewers in the future, each viewer is direct or indirectly funding these sort of excesses. The fact that he has $4k to throw at a casino would suggest that he is doing reasonably well and if he's sensible, should take it as a lesson to backup in future and stay in whatever lane made him successful at the beginning. People that jump into new fields, if this is not his regular situation, often make large mistakes because the misinterpret the odds, he's just done it on a larger scale than most. |
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If don't have money to pay your mortgage or car lease ?
Can you Simple bring keys to the bank ?
I mean you got to estimate your case If you know you gona fail anyways dont pay them nothing just enjoy the the money while you have it.
Do you know any one who returned keys just back?
Why are you asking us? There are so many different terms and agreements dreamed up by finance companies out there it's impossible to answer. You have to read the specific contract that you signed up and agreed to when taking out the car lease. Mortgages are also vastly different in scale but ultimately are likely to work the same way. There is often a gap between the amount that you agreed to pay overall and the amount that the car/house would be worth when you decide to abandon it, if that is even an option, then you would have to pay the difference. Failing in the extreme case of losing your house under mortgage would likely be the worst case scenario where you have declared bankruptcy and it has to be sold to cover outstanding debts. |
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