Bitcoin and gold are both great investment vehicles. They hold so much potential, no doubt. However, we must also take into consideration the different perspectives people have in every situation. Like what they say, to each his own. We view things from various angles. Everyone has their own opinion and reasons why they prefer gold over bitcoin and we must learn to respect that. Just because we see bitcoin as the king of almost every investment there is, doesn't mean that other people will view it the way we do. We have different preferences and we differ in risk appetite as well. Some people just really prefer stable investments rather than volatile ones. Not everyone possesses a strong heart as we do. Some people bother and worry so much about the dips, hence, they decide not to invest in something that will cost them their mental health. It really just boil down on doing what suits us best. After all, it's our funds and assets to begin with.

Despite being young, most investors nowadays are wise enough to decide on where they will put their funds. They have more options and alternatives now and they utilize them to their advantage. I must say that the generation now is more open-minded, willing to learn, and determined enough to earn some profit. They are not enclosed with the traditional ways on how to generate income because they make use of most of their resources as much as possible. They do not just stick on one way to earn, instead, they try many ways they see the opportunity to help them rise from where they are currently in. Of course, smart enough to distinguish which are scams and which are the legitimate sources of income. Diversification, being open-minded, and being strategic are the common character traits of young investors now. Hence, they opt to do cryptocurrency investment or trading because they see potential in it, unlike the older generations which are often close-minded and fixed to whatever they believe in.

This could lead either to addiction or avoiding gambling for life because they know what's gonna happen to them if they got addicted to it. Why? because teaching them about gambling will give them a curiosity about it if it is really addictive, and on the process of trying it out, they might get hooked to it because they've lost too much money on it, in my opinion, but it is still depends on the person.

We are in the information age right now, children are smarter than the old us when we were just kids. Kids that are 2 years old nowadays can open your phone easily if it doesn't have any password, what more to a 5-10 years old kids, right? They could easily navigate and explore the internet without their parents knowing, that's why it is important for parents to monitor their children screen time.

Everything is in the internet, just input a certain keyword and that's it, they are expose already to something they shouldn't have see or do.

Very well said.

It's an option to all of the people if they are going to play gambling or not, that's why there's nothing to be blamed if we're going to think about it. I'm just gonna add a little bit more about tobacco addiction. It's suggested retail price got doubled here in our country, the logic of the Government is to prevent people to buy it, but since people love it, they'll buy it no matter what price will it have.

It has alternative, which is e-cigarettes that is less harmful compare to tobacco smoking and you're gonna save a lot of money for long term. Same to gambling, it has also alternatives for people to be entertained, but they still prefer gambling.

I did some research about this game and found out that this is an NFT released way back 2019. The cards trading and selling looks like cryptoblades but has different gameplays, and sorare last longer than cryptoblades. It's also like Axie Infinity because of the price or each team is a bit expensive but worth for the long run. However, this is also a high risk, high reward move, so if you're just gonna do it because of FOMO, I don't really think that's a good idea.

But if you're gonna Do Your Own Research about it, then I guess you should be fine.

Bitcoin won't work and be recognized as the top coin today if there were no Internet, to begin with. Back then, to acquire bitcoin, you can mine using different mining setups such as having supercomputers and mining rigs. Of course, these things won't be possible if it wasn't for the help of the Internet existence. Over the years, bitcoin has made its way upward until it reaches the peak position, just where it sits right now all thanks to the power of the Internet. The internet paved way for bitcoin to have many users and investors and eventually started to have value because of the market demand. Given that bitcoin is scarce, just like gold, its value will go up over time, only that it is volatile. Meaning, sudden dips, and rise should be expected from time to time. Bitcoin won't be able to go this far without the help of the Internet. The interconnected networks helped our community to grow in numbers and built the status gradually as improvements happen.

Surely, bitcoin will continue to thrive for the next years, but it's not certain that bitcoin will be the king of all time. In the next few years, there's always a possibility that a new coin will emerge that has a lot more potential than bitcoin. There's always a chance that some coin can surpass the greatness of bitcoin. Given that our technology is improving and innovation is always happening, a lot of positive and negative effects can occur. So saying that bitcoin will stay for eternity is a heavy assumption and claim. It's still uncertain. But as long as it exists to be on the top spot we can do so many things to savor it. We can predict its trend and utilize every market movement to our benefit. Hodling is not for the faint-hearted. It takes guts to hold over a speculative asset. While it is ideal to hold and cash out at a high position in the future, we must also take profit from time to time to enjoy the sweetness of our hardships over the years.

Bitcoin has helped me a lot in many aspects of my life. Bitcoin has been the safe haven of my funds. I no longer worry that my money will depreciate over the years that will pass because it is decentralized and isn't prone to inflation unlike that of fiat. In addition, I feel at peace knowing that my account will not go dormant for a certain time that I won't open or move something in or out from it, comparing to banks that when your account no longer has a transaction in a span of 2 years, they will instantly charge you until your money ran out and eventually closing your bank account permanently.

Bitcoin has given me a broad horizon that offers a lot of opportunities to take advantage of. Because of bitcoin, I was able to earn additional funds that I allotted to be on my savings. I was able to buy almost everything that I needed and the luxurious things that I want as well. I am very much grateful for bitcoin because it paved way for me to achieve little by little the financial freedom I am always rooting to reach. It took me some time, trust, and a lot of patience to get to where I am right now because bitcoin isn't a get-rich-quick scheme after all. We still have to pour in time, effort, and dedication like any other investment vehicle there is.

No one is ever certain when will bitcoin's price value hit its maximum position. There's no specific time frame on when it will reach its peak. The people can only do technical analysis and predict some of its price movement in the following days, weeks, months, or even years, but there's no guarantee that their prediction will all come true. There are external factors that we have to consider in watching the market trend. A lot of factors play a big role that disrupts the flow of the market. For instance, when the whale moves, the market moves big time as well. And we don't have power over those things because those are already beyond our control. The selling and buying mechanism of whales have a great effect on the market, the news report in legality and banning of bitcoin plays a big factor too, so is the influence of famous personalities whenever they say something about bitcoin that either creates hype or fud. We can just hope for the best and trust whatever bitcoin has to offer. In addition, we can also utilize the opportunity of up and down trend of its price currently to cash out when we need funds in cold cash or buy in low position to add more coins in our assets.

I don't think fiat money will be gone in the future. 5 to 10 years is still a short period of time to be fully transitioned to digital money and digital wallet all in all. It would be hard most especially for the poor and developing countries to adapt and adjust to such changes. In addition, I don't think that the government and the central organizations would allow such a thing to happen given that the fiat currency is what runs the economy of a country. If everything will be digitalized, many people will have a difficult time such as the older generations, indigenous people, and the lower class. Because not everyone is privileged enough to have smartphones, Internet connection, and knowledge about the technology.

What I think is the most probable situation that could happen in the next 5 to 10 years is that digital assets and physical fiat will coexist as mediums of exchange. People will have more options and alternative for paying for their transactions may it be online or face to face scenarios. Hopefully, improvements on transacting with either mediums will be smooth and hassle free, giving the convenience and security to both buyer and merchants.

I think the main thing that could save you from being shaken and losing in crypto is by identifying and remembering the main reason why you entered. What was your goal the moment you started investing in crypto? Was it for the short term or for the long term? If you are here as a scalper or trader, you should know when to take profit and when to leave your funds untouched to regain paper losses. If you are here as a long-term investor, then there is nothing to be worried about because sudden price dips happen from time to time. Cryptocurrency is volatile. There would really be times that the price of the coin you invested in will be in a high position and there would be times that the coins you invested in will be in a low position. You don't really have to watch the price movement every time because you'll just get anxious. All you have to do is to wait until it skyrockets again if you want to take some profits and invest while it still has low price value.

You see, the bearish market isn't really that bad like people perceive it to be. For me, it's a great opportunity to buy additional coins for my investment. The best time to buy is when the price of the coin which shows a lot of potentials, suddenly dips. We should take advantage of the dips and utilize them for our own benefit. It's indeed true that geniuses utilize market volatility to make more profit. They see every market movement as an opportunity and not as a threat.

While it is really nice to leave some inheritance to your spouse, children, or relatives, it should be remembered that this is a privilege because not everyone has extra assets to leave their loved ones behind once they die. Some are even barely surviving their daily lives and are just making their ends meet. It's good if you can secure an inheritance to those people who are close to you because this can serve as their advantage in facing and surviving this harsh world. Money is a necessity and so is any property or asset that can be converted, sold, or traded. And if you don't have anything to leave them behind, it's still okay because not everyone can afford to have extra like other people. It's nothing to feel bad about as long as you gave them good memories and of course you didn't give them any more burdens once you're gone such as loans and stuff.

Personally speaking, I invested in crypto as early as before up until now to secure the future of my future children and the family of my own. Of course, I don't want them to feel the hardships I went through just to arrive at where I am today. I want them to have a safety net that can catch them whenever things don't go in their favor. It makes me calm and I feel at peace to think that my loved ones will have the best life they could ever have because I left a legacy that they can start and survive with. Aside from crypto investment inheritance, of course, one of the greatest legacies I could ever leave my loved ones will be the love and good memories that I cherished with them. So are the valuable teachings that could get them somewhere far and in a good place in life.

Personally, I think it's okay to either sell or hold our assets. Of course, we have different priorities and needs in life, so there's no general rule and there's no point in dictating someone whether to sell or hold. Though it's really suggested to still leave a portion of your funds in bitcoin to avoid regret later on and to generate profit over time once again when it hits a high position. IMO, you can still enjoy the fruits of your labor and patience today without robbing your future. We can take some of our profits every now and then, then invest again when the bearish market approaches and take profit again when bull season enters. It's a cycle you shouldn't fear making because after all, we deserve to spoil ourselves after some time. But as for me, I practice delayed gratification to reward myself. I also withdraw some when I need it to and I don't really feel bad about it because I have to fulfill my responsibilities and address my necessities in life.

Actually it's quite the opposite. Bitcoin is like a winning lottery ticket for most people nowadays. Back then, bitcoin's strength wasn't really seen by people. Only a few people have predicted it will have a high value and trusted their gut feeling. They are considered as the lucky ones because they managed to invest in its low position way back and hold it until now. Hence, bitcoin is like a winning lottery ticket that they have decided to hold onto until the moment they actually won because they trusted its potential. Although let's face the fact that bitcoin is not a get-rich-quick scheme. It takes time to make a profit. You need to have a lot of patience and determination to hold until you reach your target. It's considered as a store of value by most right now because of its nature which is decentralized. Despite being known to be a store of value, bitcoin is slowly fulfilling its original purpose which is to be a currency or as a medium of exchange. There are countries that are slowly transitioning and being open to bitcoin as their mode of payment which makes the mass adoption of bitcoin come to happen right before our eyes in a steady manner.

I think what he's trying to say is that rich people and educated ones always take the advantage to poor people, like building a gambling business in a very deprived area. And it's true that rich people are often using drugs and other illegal activities but they will never be caught since they have protection from powerful politicians and so on. But somehow this argument is a little bit off topic on OP's thread that tackles being a responsible gambler.

Because no matter what life status you have, making a decision will be always on your responsibility as a person, and that shouldn't be blame on others if you failed.

Slot games and Video poker difference is that slot games is based on luck while video poker requires skills. Slot games is like dice, you'll only press roll to process 1 round and know the result instantly, but of course both games have the same risk, because we're talking about gambling. Slot games is more fun if you like a fast phase game in gambling while earning money (if you're lucky).

Exactly.

If it's possible, the only way to remove gambling addiction is to ban all of the gambling platforms, physical casinos, lotteries, and other form of gambling. Nonetheless, since it is business, there's no way it would happen. Business earns money through people's desires, and it's a cycle. The Government earn taxes from gambling, the gambling businesses earn money from gamblers, and gamblers earn money from gambling, however, not all gamblers are earning money from it.

I can't see DICE having a multiplayer option, like what's the point? It's so easy to be played solo and gambling sites wouldn't do that because that would reduce the percentage of their bankroll if they are gonna have a feature like that. The current system is YOU vs. THE HOUSE, so whoever wins takes the money, while if it's a multiplayer, it's YOU vs. SOMEBODY and THE HOUSE would be just like a referee, if you know what I mean.

Losing their money for addicted gamblers is normal, but it is not enough for them to quit since they are forever hoping to win the dream jackpot, and that's enough for them to keep on betting even if it's mean to lose their money every single day. It is bad, generally, but we can't do anything about it since they made a decision to stick to their plan. We can't help them if they won't let us.