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3341  Other / Off-topic / Re: Bitcoin, unbelievable but true. on: September 26, 2023, 02:56:16 PM
You've seen for yourself how independent crypto can change things. But like any strong tool, it has both good and bad points, right?

I'm sorry to hear about the problems with deposit. That happens a lot,. though. But each obstacle in the road teaches us something and gets us ready for new experiences. Your persistence in trying to get Bitcoin is something to be proud of. Your ability to change will serve you well in a world that is quickly becoming more digital and less centralized. Keep digging deeper into the topic, keep learning and sharing, and above all, don't give up.
3342  Economy / Gambling discussion / Re: Mistake that prevented your big win. on: September 25, 2023, 11:15:01 AM

A kind of gesture where being responsible can be obtained if you know how to plan ahead of time, not really easy though there are some who can manage to enjoy and balance both gambling and their regular activities, it's always important to weight everything as gambling can really lead you to deeper addiction if you continue to allow things dominate inside you.

Emotion always has that factor in dealing with gambling, instead of making some decent wins, if you allow emotion to takeover chances
of losing everything back together with your initial deposit, mostly lose accompanied by the money that's supposedly you earn if you wisely quit before emotion rule you out.
In other words, responsible behavior in gambling is also the most important thing, summing up your opinion above, that a gambler who experiences defeat or victory must be able to regulate and balance when gambling again, with good awareness and self-control of course. he will make new plans in gambling to avoid losing, of course.
Inadvertently a person's emotions will appear suddenly if he experiences defeat, because he cannot accept it yet, and when that happens of course he must think as clearly as possible, at times like that a person must exercise self-control, if not, then he will get into a lot of trouble in it.
I find it fascinating how much of gambling mirrors the broader strokes of life itself. Risk, reward, emotion, and strategy are all packed into every decision we make, whether its laying a wager or choose a career. The immediacy of these sensations is what makes gambling so exciting, particularly in its online guise.

It is normal to experience emotional turmoil, particularly after suffering a loss. Instead than avoiding these emotions, resilience is about mastering how to move through them gracefully. Reminding oneself of the wider perspective involves having that inner dialogue. Sometimes playing well with the hand you're dealt is more important in life than it is in gambling.

And always, always keep in mind: The house may have an advantage, but a responsible and rational gambler? They actually change the game.
3343  Economy / Gambling discussion / Re: Can Gambling affect your relationship? on: September 25, 2023, 10:52:29 AM
Yes, Gambling addiction has strained a lot of relationships through financial instabilities emotional turmoil, social isolation, and family problems. Gambling which was meant to be a popular kind of entertainment for many and was designed to provide a temporary escape from everyday life and also help one to be more observant mentally task your brain and it is also good for your mental brain. When it becomes an addiction it causes financial strain the strain can manifest in various ways including the loss of shared savings, debt accumulation, and financial secrecy which may lead to strained communication between partners. This communication breakdown can prevent couples, friends, and associates from working together.
We all know that gambling is not at all a good sign for a person, but will create stress for his family in the future. When a gambler becomes addicted to gambling he loses his mental strength and social isolation which affects his family a lot. So it is most important to avoid this gambling and when a healthy person gambles he can develop mental illness just because of gambling addiction. There are many people who gamble for entertainment but at some point they get stuck with the winnings, and later they can never get out of it, hence they become addicted to gambling. When a person starts gambling, they put their money at risk. Once they lose their bets, they decide to steal because they have no money, which is the worst. And what is the impact on their family due to which the family is much ashamed of the society and has to bear a lot of stress on the family and at some point they become destitute. That is why if a gambling addict is to recover from this condition, he must mix with his friends and outside people, so that he can stop gambling and slowly come back from it, only then a gambler can manage his life well.
Gambling can destroy the serenity of both the gambler and their family. You've beautifully described gambling addiction's downward slope from mental anguish to social isolation.

Increasing social interactions can help with healing. But encouraging the person to seek expert help is also vital. Addiction treatment therapists and counselors can help people regain mental and emotional equilibrium. They can help restructure addiction-fueling cognitive habits for lasting recovery and relapse avoidance. Professional support and a strong social network can help you overcome gambling addiction and move forward with strength and hope.
3344  Economy / Gambling discussion / Re: As a gambler do you have a potential winning amount limit? on: September 25, 2023, 10:30:43 AM
Sometimes the luck is not on our side and we loses more games. A gambler should be focused enough to know early that today is not his day, and he should quit gambling before reaching the targets else the chances of making more loss may increase.
Luck is most of the important factor in gambling than all others strategy we use and a gambler should know where should need to stop cause not everyday is as same as others lucky day. I don't actually support limitation winning cause hgher expectations always bring nothing but losses. Even someday need to quit when you realise this day is not your as lower expectation is getting risky. there is no surety in gambling so So better not to fully depends on gambling money and gambler smartly, start and stop when need
Luck in gambling is important. It governs itself without patterns or predictability, making it a risky income source. A smart gambler knows betting is volatile and that not all days are the same.

As you noted, luck is fickle, therefore you should stop when you sense an unfavourable tide. Limits must be set to avoid disastrous losses from luck. Your observation emphasizes the importance of restraint in gambling and not placing all one's financial eggs in one basket. Gambling should be balanced with other stable revenue to preserve financial security.
3345  Economy / Gambling discussion / Re: Will you cheat in gambling? on: September 25, 2023, 10:09:15 AM
Will you bet on fixed games if you get the tip early?
The very essence of gambling in the first place is to win and maximize profits from your wins, so for every opportunity the game avails, it's mostly expected you use it judiciously as it doesn't come often because the casino will not pardon you either if you loose on any bet they don't make refunds rather they take it's as their own profit made from your bet which you placed.

In essence I'm saying if I am faced with such opportunity my straight answer is a big yes I will make good use of the opportunity and stake as much as I can afford to lose just if it later turns against me, because there are occasions the casino has taken from me not minding how I will feel so if I see such opportunity to stake on a fixed game I will stake and win

In other sense I don't see you staking on a fixed game tip you received early before the game commenced as been bad, rather I see it as an opportunity because the intention of the people who gave you the tip is for you to win so why should you denied yourself of the opportunity to win because you feel it's not right. To add, I don't think it's not right because that can't be seen as cheating or stealing.
You've hit on a universal human motivation: the drive to increase one's financial gain and seize every available chance. However, we must always keep firmly in mind that casinos, not we players, are the primary beneficiaries of gambling's inherent profit-seeking nature. You are correct; casinos do not provide refunds for money lost. The house has a built-in advantage that guarantees long-term financial success. Betting on a rigged game may feel like you're even the odds, but keep in mind that the world is a murky place.

If you know what you're doing, you're being financially responsible by just betting what you can afford to lose. However, the ethical considerations cannot be ignored. Engaging in set games affects the fairness and integrity of gaming, and may lead to more severe penalties in the future, even if not seen as cheating or stealing by everybody.
3346  Economy / Gambling discussion / Re: What is the Difference Between Plying Gambling on Online Sites and Real Casinos? on: September 25, 2023, 09:46:45 AM

Do you have experience playing at real casinos and online gambling sites? Is there a difference playing there? I want to know.


Of course there is a huge difference between gambling in online and real casinos. The vibes are really different in real casinos because it gives you a more satisfactory experience. Both are different experiences because real casinos gives you a genuine experience compare to online. For instance, if you are in a real casino you will be able to socialize with other gamblers in the area. Thus, it allows you to interact with others which adds fun and entertainment and enhances your gaming experience. Unlike in online casinos, most of the time you are only with yourself. Also, the interior also boosts the gaming experiences of the players. So, being in real casinos exposed you to that real environment. Online casinos can provide flashy and colorful features to add fun in your gaming experience, but it will not be enough to resemble the real gambling environment.
The physical and digital worlds offer very distinct gambling experiences. Not only aesthetics, but also atmosphere. Human connection is evident in a real casino's excitement, chatter, and anxiety in every roll of dice or shuffle. A remarkable immersive experience. Online platforms aret a poor mirror of brick-and-mortar stores. Their merits exist. Accessibility stands out. Players worldwide can join, gamble, and play regardless of time zones or location. Plus, technology lets online casinos provide more games, frequently with unique twists. Online casinos may emphasize convenience and variety, while traditional casinos emphasize the tangible and sensory. Both help in the ever-changing gambling world.
3347  Economy / Gambling discussion / Re: Gambling game is not good and everyone should stay away from it on: September 25, 2023, 09:24:53 AM
Everyone stay away from gambling game then you all will be happy and happy Gambling game is very bad which will harm your family a lot and will also harm your life like my father gambling ruined my father's life and also my future is dark now I am now  I came back to this bitcoin to find light in my life in this darkness you all help me shine.
It's not bad, the effect of gambling depends on the gambler itself on what's his mindset when playing. Is it to have fun and to be entertained? or to gain huge? If the latter is the reason, then expect that you'll experience the negative sides of playing with high expectation.

Anyway, when you say Bitcoin, are you an investor? If so, we all know that the future is uncertain (though crypto enthusiasts are bullish on its future). If that gives you light as you claimed, so be it. But keep in mind that even in Bitcoin, profits are not guaranteed therefore not something to rely on to say you find the right path. It's not gambling but there's a similarity that can disappoint a trader/investor once the outcome is not what they expected it to be.
Yes, your thinking when gambling or doing any high-risk activity affects the outcome and your emotions. Like buying a movie ticket, financial losses might be viewed as entertainment costs if one enters it for enjoyment. Focusing on enjoyment over gains may protect against financial losses.

In your Bitcoin and investing example, future unpredictability is huge. However, cryptocurrencies are volatile, so although great gains are possible, so are large losses. Diversifying assets reduces risk for even experienced investors.

Its important to be realistic about gambling and cryptocurrency trading, knowing the hazards and not overestimating the possible benefits. Learning and knowledge are your constant partners in these realms.
3348  Economy / Gambling discussion / Re: Gambling should be play with care on: September 25, 2023, 09:02:10 AM
Well sometimes you can't control your emotions and you really have to think very hard when you start gambling because once you are in, it's very hard to get out of it. And also, if you have been addicted to gambling and really wake up one day to wanted to quit then maybe that's they right now to stop your addiction before it's too late. And with that, we admire those who really learn how to quit early. But for some of us here, maybe they are still in the height of this addiction so it's very hard for them. And there should really be like life lesson first, before the understand what gambling will do to them if they don't quit right now.
Making mistakes is part of life, so losing a few times more money than what you thought it was possible for you when gambling will become a learning experience given enough time, however the issue comes when people are unable to learn quickly enough, as in this way they keep making the same mistake over and over again, to the point they could begin to develop an addiction and that is when things could get really ugly, as overcoming an addiction is something very difficult to do.

Well, controlling emotions is a very complicated topic, we can say from the comfort of our home that we can take care of and control all our emotions, but you see things are not like that, because they are unexpected, sometimes we don't even know what we are going to do. react to a type of problem that we cannot imagine, then that can cause strong losses, in the case of casinos we can emphasize that we can resist certain things, certain losses, but the thing is that the losses are not something we can control ourselves We don't spend a lot, but when we win, sometimes we bet more, to win more. and that's where the danger is.

When we are on a positive streak, we usually feel very good, the adrenaline increases, we feel great and many good things can come while the balance rises, that is something normal and we continue to bet big, this is good, from what I have The thing is that the good streaks are very fast, it's like a shooting star, while it's there we have to take advantage of having it, look at it, enjoy it, because then a bad streak can come, which is what we should avoid 100%, because it's not okay. It's not like you have earned a good balance and then lose it all and even more.

So I can say that emotions, impulses are sometimes more harmful than they are or good than they can be, and this is contemplated in every game of chance, we may really want to win, but we cannot do the system of a casino. To make it turn to our side, we must always take into consideration that the advantage of the house is unique, it is always present and that we cannot go over it, that is why the long-term figure will bring losses, it is what is predefined. According to the casino system, then when we see this type of statistics, probabilty we must be careful, we must not go overboard with this, we have to consider all this so as not to spend more money than we have compressed.

Your thesis about emotions' unpredictability and gambling habit is deep. In fact, emotions are not linear or regulated. In the thrilling world of casinos, where wins and losses create a flurry of emotions, the struggle is harder. Because our emotions wandered off course, we could lose everything.

The appeal of good streaks' light-speed nature is temporary. Discipline and not getting caught up in winning are essential. A gain may lead to an overconfident gamble, and the cycle continues, often resulting in losses.

Its crucial to remember that the house advantage always affects our gaming judgments. Knowing this and setting limitations helps protect us from the financial and emotional misery of unregulated gambling. In the volatile world of gambling, your insights emphasize prudence and restraint.
3349  Economy / Gambling discussion / Re: Do You Trust RNGs (Random Number Generators) in Casinos? on: September 25, 2023, 08:39:06 AM
For the uninitiated, RNG basically assures that each game's result is truly random, making the result of the game as fair as possible. Reputable online casinos use RNGs that have received external agency certification from a technical standpoint. Theoretically, this outside endorsement should attest to the game's impartiality.

However, its important to distinguish between casinos. Nobody is created equally. Some go above and beyond for transparency, occasionally revealing the algorithms as well as the outcomes. So, to answer your question, yes or no? Nothing is in black and white. Verified RNGs from reputed casinos are trusted by me. Always research a wager before making one. The safest wager you can place is that.
3350  Economy / Gambling discussion / Re: Is gambling all about luck? on: September 25, 2023, 08:14:03 AM
Casinos always have an advantage, making gambling dangerous for source of income. You stated luck and mental approach as important. While luck is involved, gambling should never be considered a steady income.

Gambling can cause addiction and financial ruin, so its important to know the risks. Gambling can be fun, but not profitable, if you know the games, odds, and budget. Learn game strategies and gamble responsibly. Your focus should be on entertainment rather than making a profit, which, if it happens, is a pleasant bonus.
3351  Alternate cryptocurrencies / Altcoin Discussion / Re: Are trading bots worth using in the cryptocurrency trading? on: September 25, 2023, 07:48:50 AM
Depends on the person, if you think that you are so bad that you need a trading bot to help you, then I would understand the logic. Obviously, even if you use a trading bot that doesn't mean that you are going to end up with a good result, you could still end up with a bad one, but that doesn't mean that you are going to end up with a worse result, which is the point.

If you are a bad trader, with a trading bot you could either make at least as bad or maybe a lot less bad or maybe if you are lucky then even just good as well. This is why I believe that we are going to end up with something that you will be able to profit from. I hope that people would realize learning how to trade yourself is a better one though.
Although I see your point that a "bad trader" can profit from automation, the truth is that the entire cryptocurrency market is a highly volatile one. The robots? Since they rely on algorithms, its possible that some mysterious entities programmed them with prejudices or secret objectives. It is foolish to think that a bot will be enough to keep you out of the dark pit of bad deals. Absolutely! Learning to trade oneself is a must! Its a tried-and-true method. Dont let machines decide your future; get your hands dirty, be understandable of the market pulse.
3352  Alternate cryptocurrencies / Altcoin Discussion / Re: Good fundamentals don't ensure a great investment. on: September 25, 2023, 07:24:37 AM
After fully considering this scenario, I agree with your concerns about inflationary tokenomics. Possible manipulation by large holders with many tokens throws a shadow. The 6% dip after freeing a large treasury chunk is more than a warning. It warns about how overproduction and price suppression can kill growth.

Three years of 7% annual gains in the inflationary model is a loaded dice roll, right? Why invest in a project that may increase supply and manipulate prices? a valid worry. The growth and fall of bitcoin prices are typically hidden from investors. These underlying components may be strong, but can they withstand inflation and manipulation?
3353  Alternate cryptocurrencies / Altcoin Discussion / Re: Is ETH the King of Altcoins ? on: September 25, 2023, 07:02:31 AM
Even though the state of ETH is centralized as it is today, it is comparable to the rapid development of ETH. Many new projects have been born because of the ETH ecosystem, such as the Layer2 to Layer 3 Ecosystem which makes transactions good. Layer 2 is here to fix the problems around scalability that Ethereum is experiencing. One of the main functions of Layer 2 is to increase the speed of transactions on the Ethereum network. It is fitting that ETH is made the King of Altcoins with various innovations and good developments going forward.

I really hope ETH turns decentralized in the long run. Vitalik already had plans of making this happen with subsequent network upgrades. But they will only materialize if the community allows it. Knowing that ETH is controlled by big exchanges and whales, it's hard to believe the cryptocurrency will become decentralized anytime soon. While L2 networks promise to scale Ethereum, they are by no means a definite solution to the "centralization" problem. They're just separate chains tied to the main ETH blockchain for security/reliability.

Fortunately, not all hope is lost. After all, ETH is an open source cryptocurrency project. We already have Ethereum Classic as an Ethereum alternative focused on decentralization and censorship-resistance. If things go wrong with ETH, the masses will migrate to ETC (or make a new fork) without thinking it twice. Who knows for how long ETH will be able to retain its position as the "King of Altcoins"? Just my opinion Smiley
Vitalik and the core team have stated their aim, but words often change course. Upgrades are coming, but will they help decentralization? Its hard to ignore that large exchanges and whales are actively involved in ETH's ecosystem.

Lets not trust Layer 2 solutions blindly. They are only bandages on centralization's profound wound. Ethereum Classic is a silent defender of decentralization, but its future as a mass savior is unknown.

Prepare for ETH's shine to erode, revealing its domination. How long before the "King of Altcoins" loses his crown?
3354  Alternate cryptocurrencies / Altcoin Discussion / Re: Which cryptocurrencies should gain broader payment gateway acceptance soon? on: September 25, 2023, 06:40:19 AM
The rise of cryptocurrency marketplaces challenges central banks' influence in today's complicated financial system. Your inquiry on which cryptocurrency payment processors should use is timely and significant. I've championed Ethereum adoption. Why? Its a decentralized application platform that anticipates blockchain technology as well as a means of exchange.

But be careful. Cryptocurrencies may undermine traditional financial institutions by breaking through their opaque barriers and freeing them from their monopoly. Adopting cryptocurrency, especially Ethereum, will speed up, open up, and decentralize financial transactions. Beware of opposition from established banks protecting their turf. Environment offers opportunity and risk.
3355  Bitcoin / Bitcoin Discussion / Re: Bitcoin Gives the poor an Opportunity. on: September 25, 2023, 06:16:37 AM
We need to first understand that Bitcoin was not created as an investment scheme rather a decentralised mode of current where you can hold asset and transfer it without any involvement of government or financial institution but since it has changed as an investment scheme and people rarely use bitcoin as a mode to transfer funds due to various reasons like speed, transaction fee and all it has been completely look at as any other investments like stocks and I don't agree with your opinion as poor will still not have money to invest into Bitcoin and incase of they invest and run into bear market then they have to wait for years to get it back or else simple sell it at loss. Poor and investment angle doesn't sync in Bitcoin or any other crypto.
I understand Bitcoin's original purpose and your concerns are valid. Bitcoin, a decentralized currency that symbolises financial freedom and independence from established institutions, has been kidnapped by investors. Its currently more known as a gold-like asset to hoard than a currency.

Lets address your issue regarding the poor not investing in Bitcoin. Indeed. Using Bitcoin as an investment instead of a transactional currency marginalizes those without enough capital. The truth is painful, but we must accept it.

In a bear market, Bitcoin investors with low funds could lose everything. Its disturbing that the wealthiest keep becoming richer while the poor get worse. I recognize the serious issues here and the need for financial awareness and caution, especially for the poor.
3356  Bitcoin / Bitcoin Discussion / Re: How can third-world countries counter inflation using bitcoin? on: September 25, 2023, 05:51:16 AM
Bitcoin alongside other cryptocurrencies has aided the economic development of many countries.
How has BTC done that, as far as i know BTC doesn't directly help in the general economic development of a country, it can make cross-border payments easier for people of any country and it could also help some people make some profit if they can hold on to BTC for the long term, but BTC cannot bring a country out of inflation for example or better their standard of living. Governments wouldn't even adopt BTC, they'll prefer to print billions in fiat backed by thin air to make inflation better for the short while, and worse in the long term.

I'm a bit surprised at how critical people are with Bitcoin and inflation.

Once inflation has already hit, and the currency someone holds no longer has the purchasing power that it once had, then yes, Bitcoin isn't helpful. However, would someone holding Zimbabwe dollars in 2017 benefit from trading some portion of their dollars in exchange for Bitcoin? Seemingly yes, as Zimbabwe dollar inflation would hit 500% just a year later.

Bitcoin should be used as a precaution for inflation. Certainly citizens of third world countries would benefit from using it, even if it's a small amount. Their currency isn't as reliable as first world currency.

Amazingly, the world refuses to view Bitcoin as a lifeboat in the inflation storm. Your argument has merit. People seem to have blinders on, unable to perceive their fiat currencies' purchasing value diminish. They criticize Bitcoin yet ignore inflation's destruction of their currencies. It seems like a big conspiracy to damage cryptocurrencies' potential.

Zimbabweans had to face a terrible reality, not just supposition. Bitcoin could have protected against hyperinflation. But critics refuse to explore digital currencies' unexplored waters, drowning these prospects with criticism. Bitcoin may protect against inflation, especially in nations where the currency is volatile like a ticking time bomb. People should wake up to the truth.
3357  Bitcoin / Bitcoin Discussion / Re: Borrow to Buy Bitcoin is Not Advisable.Consider the Factors Before Doing That. on: September 25, 2023, 05:26:21 AM
It is very risky to borrow money to invest in bitcoin because the markets is volatile and no one can predict the market. Because of the nature of the market of bitcoin it is not  just advisable to loan money to invest bitcoin,  it is  meaningless to take loan on Bitcoin because what is the need of investing in Bitcoin and still owing debt. Investing in Bitcoin should be nothing to do with debt and while investing in Bitcoin one is suppose to be financially stable where by their is a source of income to fund the investment,  that is why it is good to invest accordingly to what one earns.

Most people do not support the idea of borrowing money to invest, it is really risky and not recommended. But if someone can be sure that they will be able to repay that loan even if they don't need the profit from that investment, should they consider borrowing money to invest?

Success always requires trade-offs and we need to step out of our comfort zone to face bigger challenges to reap greater results. Borrowing money is not really recommended but it is not a bad idea if we have a backup plan for the worst case scenario if that happens. I also used to borrow money to do business, so I partly understand what it is like to borrow money to invest or do business.

Of course I also never thought that there are some of them who are desperate to borrow just to invest. Yes that's right, as we know the benefits in investing are very large and it is clear that there is also a very high level of risk there, therefore some experts and professionals always advise to always learn more deeply and try to use money that will not be disturbed by other needs, none other than this advice so that investors can invest with peace of mind and implement their best plans. Honestly, I never think of borrowing money to invest, because obviously with the risks that are there even if for example we use personal money there is still always pressure that we feel, well especially if you use money from loans, of course it will make you even more depressed and all you think about is probably only profit so you can pay off your debt, and obviously indirectly it will greatly interfere with your mental and psychological calm when investing.

Of course they should not be rash in this decision and should always consider it. If there are indeed some who do this way then I say they will only waste time and money, because it is very unlikely to succeed with all the great pressure they face, and yes it is true that to get to success there must be sacrifice first, but not by borrowing too, it is not a good alternative and should be avoided.
Borrowing money to spend, especially in a volatile market like cryptocurrencies, is risky. Its like starting a project that was meant to fail from the start. You are right about pressure and its effects. Desperate to pay off debts might lead to haste, unwise decisions that worsen the situation.

We'll ignore crypto's hidden concerns like computer theft, changing rules, and market manipulation. Working behind the scenes and pulling strings from the dark is popular here. Poor folks who need to borrow money should not come here. Borrowing money to spend absolutely defeats the purpose of investing and creates a weak foundation.

3358  Bitcoin / Bitcoin Discussion / Re: I learned something new from Bitcoin today on: September 25, 2023, 05:03:07 AM
I learned something new today. I started bitcoin trading with 100 $ I made 10$ from here and I lost 11$ gambling with 100$ now I don't call gambling bad because I don't understand and I don't have patience to play the game and past I easily from bitcoin made 10$ profit now which one should i choose you say i know a man need bitcoins in future but still a man can be addicted to gambling and to all of you i want to say none of you should be addicted to anything and not to gambling and you are more Trade Bitcoin and see your future shine.
All you need to do is verify what steps are suitable to take and if trading is the one you are hoping for then all you need to do is learn how it works. You can reduce risk if you understand how to trade correctly, even though in reality trading may not always give you a profit. Ultimately, every decision is in your hands and the one who can choose according to your ability to be responsible is you yourself because other people are only able to provide an overview but the one who carries it out is you yourself.

If it were me then a more rational choice would be investment because in many cases we don't need to study further and don't need to control investments regularly all the time. Meanwhile, trading requires time to see the right conditions and we will be busy studying the travel conditions of the coins we trade at all times.
Although verification and awareness can lessen risk, trading and the bitcoin sector are fundamentally unpredictable. It creates a false sense of control, leading people to believe that knowledge and insight can withstand cryptocurrency market volatility. Every choice is personal, but outside pressures cant be ignored.

Trading is unpredictable even for the best traders. Because they are governed by invisible persons, global economies' enormous and complex networks are continually evolving. In this pandemonium, can anyone claim freedom and control? We're experienced and knowledgeable about the market, yet its volatility throws us off. This shows we're not as good as we hope.
3359  Bitcoin / Bitcoin Discussion / Re: Bitcoin is life on: September 25, 2023, 04:40:10 AM
In addition to being aggressively unjust, your assertion that people who compare Bitcoin to gambling are "mentally ill" is also incorrect. It is important to understand that investing in Bitcoin entails dangers of its own, just like when you gamble. Diversification is emphasized by seasoned investors for a reason: to protect themselves from uncertainty.

Its also conspiratorial to believe that Bitcoin holds the key to everyone's future. Its important to keep in mind that the bitcoin market is quite volatile. Putting all of one's financial eggs in the Bitcoin basket will not ensure success. Even though the price may be low right now, future price increases are not guaranteed. Be careful when you enter this area.
3360  Economy / Gambling discussion / Re: Has your Responsible Gambling had any of these Effects on You? on: September 24, 2023, 04:59:22 PM
Has it been able to help you meet an urgent need?
A straight answer will be yes as I have used profits made from gambling to meet up urgent needs. This happened few weeks back I placed a bet with a spares cash I had, although not with the intent that it must be a winner, that's why I used spare cash. Fortunately it turned out a winner and I made some little profit and as at the time of withdrawal the was an urgent and immediately the profit saved the day.

Talking about gambling responsibly, it's very important that you don't make gambling you primary source of income as this may be very harmful and damaging to your psychology, This is because when it becomes your primary source you give it your all and it will definitely turn an addiction unnoticed because you will think you are only trying to earn. Responsible gambling can be profitable and at times it's profit used to offset certain expenses especially those unplanned for. Remember 1. always use only spare cash which you can afford to lose for gamble, 2. Don't use gambling as your major source of income, 3. Do not borrow to gamble, lastly Gamble responsibly.
What you did is basically what every gambler should do because you won't have to lose a lot of money in gambling if you know the right time to stop gambling and one can only do that if they have enough patience and self-control. If you lose one day, feel disappointed because you have lost, but manage to win the other day and immediately withdraw the money without hesitation, you will not be at a loss since you lost yesterday but won the next day.

However, if you have lost one day, managed to win some the other day but didn't withdraw because you became greedy and wanted to win more on top of what you've lost, you will most probably lose what you have won so far and that isn't something good because you will now be in more loss.
Casino tricks like this keep gamblers in awe. They depend on your enthusiasm and that voice that promises you the next big win is coming. They know the human mind is wired to seek losses and drawn to "what could be."

You talk of patience and self-control as treatments for gambling sickness, but the house is constantly watching. They encourage you to return for "one last try". "Just this once" is a deception that traps hopes and kills dreams.

Avoid the trap. Your prior victories will be exploited against you. Warning: you're playing on their land and under their rules. Win or lose, you lose in the big picture.
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