This thread is inspired by the thread created by sportsbet.io about a lucky bettor who won $42 million on a $50 spin. So let's discuss. This kind of win can be compelete considered based on luck, and the winner is so lucky that he hit the Jackpot. However, since the goal here is $42 million and you can only win that if you would bet $50 for one spin. So, do you have the courage to do that? Why not! with $50 and one spin it might change my fate very drastically lol but wins like this will only be found in a very small percentage, in my lifetime, only that person has won a big jackpot with only $50 capital. In games based purely on luck such as slots, plinko and dice, punctuality is often very important, so don't think that large capital is something that will definitely generate profits. Keep gambling responsibly because that is what can save a gambler from the possibility of losing. |
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I like what you're saying; actually, for me, it's true, and it's rightly stated. Of course, what people have been used to believing in for a long time, especially since it helps them, will not make it easy for them to let go.
So most of the people who become successful in life, or so-called, who get their dreams, are the people who are always ready to face the risks they can face for the dream they want in life. No matter what negative happens in our lives, our mindset is still positive. Everything happens for a good reason.
The most common thing that we often encounter in someone who has a growth mindset is their hesitation in taking an action, even a high-risk one, while the most common trait found in someone who has a fixed mindset is that their decisions are always made for a safe position, but not everyone is aware of the positive or negative impacts of both, there are many factors that influence all of this. i myself am someone who has a growth mindset, i am brave enough to take risks for things that i think are good and have great potential in my business but still with various considerations, if i think it is bad then i will make further corrections to my plan. |
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I was thinking new kind of plan to buy bitcoin every month from my salary immediately my company paids me but I still have other responsibilities to carry with family so am skeptical about it especially now that the price has no direction. If can afford storing every month in a long run I may realizes half of bitcoin unit and that's a big achievement to buy but to you is funny because you have enough of it. So advise me on what to do! Should I hold on because of the instabilities in price? Or I should buy and store? Over to you
whether you are a trader or investor, you must have a good strategy for investing in bitcoin, the DCA method and the buying the deep method for accumulating capital have been widely discussed, you must have a definite goal to succeed in investing in bitcoin, as well as when you trading bitcoin because of a goal that will definitely make whatever we do in bitcoin run smoothly. if you are a trader then continuing to actively trade and also deepening your skills in trading is a good thing, while if you are an active investor, buying periodically and holding for the long term is also a good thing, the choice is yours. |
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What would happen if all Bitcoin is mined and all Bitcoin is lost?
- if all bitcoins are mined; i'm sure there won't be a significant impact here, many say the rewards miners receive come from bitcoins that haven't been mined, but if all the bitcoins are successfully mined, the price will be stuck at the last price bitcoin was at and the miners will still be able to operate, however with other methods cmiiw - if all bitcoins are lost; i don't know what exactly will happen next to bitcoin if all of it is lost, but what comes to my mind is that if all of the bitcoin is really lost then bitcoin will become a dead asset and cannot be used at all for transactions (this is just my guess, impossible to experience this because bitcoin will continue to exist even if everything is mined) |
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Imagine that there is such a rehabilitation clinic for people who are addicted to gambling. Now imagine what they treat there without the use of pharmacology.
The main doctors there are gambling specialists, whose task is to convince you that you do not need to gamble. Your task, for example, is to prove that the patient most likely has a disordered game. In order to have long-term income, you need to have a gaming system. And not just a system, but a fairly innovative system of forecasting and risk management. Most likely the patient does not have it and never had it; otherwise he would have been successful and would not have ended up in rehab.
It is also necessary to find something for the patient to do instead of playing, so that he can occupy himself.
Now imagine that this gambling expert is you. What arguments will you give? What will you tell the patient about?
Please note that the patient will resist to the last. He will give counterarguments. For example, that he will get rich in the future, he’s just not lucky yet.
What other arguments do you think the patient will give? How do you respond to these arguments of his?
from my experience, changing someone who has become a gambling addict is a difficult thing, i once had an argument with a gambling addict and he was not after actual winnings but he wanted to return all the money he had lost, i even tried to make him aware again that his thinking was wrong. In fact, almost 90% of gambling addicts end up bankrupt and in debt, so whatever they think while continuing to gamble is a trap created by their own minds, luckily the person i argued with at the beginning has stopped gambling, that's because he is currently sick, yes, there are many gambling addicts who end up stopping because of circumstances, but there are also many who stop gambling because of death. |
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I will add "self-indulgence", because we tend to waste money on things that are not neccesary. Just calculate how much money are spend on takeaway food every month and see how much money would have been saved, if you made all of those meals yourself. How many people waste lots of money on smoking and drinking and not looking after their health. Let's spend our money wisely and not wastefully.  i really hate people who say that pampering yourself is important, they really get caught up in that sentence, many even go so far as to go into debt just to have the latest iPhone. based on research, there are many Gen Z who are now in large debt because their expenses are greater than their income and i really agree with this research, buying luxury goods, eating expensive food or going on holiday in expensive places is fun but it will all be too far away. it's more fun if you use the money you have, not savings, your own money or loans money from other people. if you want to be financially free in 2024 then spend as well as possible. |
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As you are gambling responsibly, also use the money won responsibly.
I won 328,000 from Sportybet. It was a running game that finished 3 days ago and I decided to use the money wisely. I had a small television in my living room so I bought a Smart TV for 307,000 I am so happy seeing this in my living room.
As you are gambling, make sure to use the money won to do something that you will be proud of and happy about. You can invest some in Bitcoin, buy properties, etc.
Do not use all the money back to gamble, that's not wise.
Just wanted to drop my achievement from gambling responsibly here. Below is the Image of the TV installed
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congratulations on the victory you achieved, it is really not easy to achieve that, in fact i am also sure that the capital you have spent is quite large, small things like the ones you do really make gambling actually not a bad thing if done responsibly. In fact, your story can be used as an inspiration for others, so that they use their gambling winnings wisely. reusing all the money obtained from gambling is not a good thing, a responsible gambler will definitely only use the initial capital again to gamble, and the winnings will be withdrawn to be used well. |
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I have come across Local gamblers who are addicted to gambling and had ruined their selves by themselves til they ran bankrupt yet they borrows money to gamble at all means even While being indebted.
Theses sets of gamblers doesn't have remorse nor conscience about their gambling lifestyles instead their friends and relatives are the ones who bears the shameful consequences the addicted gambler brought to their circle of relationships.
At the virtue of getting the unbearable situations to an end, the relatives broadcasts the chronic addicted gambler at all costs of gambling boards never to give him privileges to gamble in any of the Gambling arenas anymore else they (the relatives) would sue the gambling boards owner.
This is just how recklessness could mess your life of you can't take control to gamble responsibly.
Take note and be aware that your way of gambling could affect your relationships and the circle of your relatives.
There have been many cases like this and to be honest, those who have become addicts (what is addiction to gambling or other addicts) will not have normal thoughts anymore, surely they will not think anymore about anything and whoever is around them, especially the family who loves him. Gambling is an activity that is very addictive, especially for those who feel a big win when they first-time start gambling, for that, control the behavior, and do not let the relationship that has been lived since childhood with family must be destroyed instantly because of gambling. |
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If you want to get rich, you have to become immune to the money. What does it mean? - Do not desire your own money. It turns you from a producer to a consumer.
- Do not desire the money of others. Envy is a deadly sin. Because it will distract you from your own mission.
- Do not desire the money you will make in the future. Desire good work right now, You don't want cash in, you want to serve.
Only this way you will get rich from zero. _The Grim [Source]How true is it? I want to ask the successful people here in this forum. What kind of rules or strategies that you guys use which led you to your success? why not everyone can become rich, because becoming rich is not easy, those who are rich today must have a good strategy and also work smartly so that whatever they want can be achieved easily. i have seen someone who does not have a higher education but he is able to earn $5k/month because the business he founded was successful, while I have also seen someone who has a higher education and also works in a good company only able to earn $2k/month. So it can be concluded that if we focus on a business that has good potential in the future then we have a great opportunity to become rich, being able to build a large business from scratch is not easy, but many have proven that it is not difficult either. |
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alter ego is actually a good thing if you can control it wisely and i usually use my alter ego when i'm working so that i look like a professional. but if i look at your friend's story, i don't see that your friend uses an alter ego when playing, he just turns into a gambling addict, he is not able to control it, someone who is very careless in gambling will only find himself bankrupt every time he gambles. Gambling often makes us change 180% of our personality before we start gambling, so we are always alert when gambling and careful in every decision we make.
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i can't say anything else, but the winner really got the best New Year's gift of his entire life, i'm really jealous and proud of him, Sportbet.io is a truly fair, trustworthy and transparent gambling site.
i'm a little curious, whether the winner can immediately withdraw his winnings at once, that's a very large amount, it definitely requires a long process that requires verification and also concrete validation to avoid unwanted things in the future. for anyone who says gambling is bad, you are very wrong, you are the only one who is not lucky or capable of gambling responsibly.
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Anyone here who retired with Gambling winnings ? If not, how much you think is sufficient to retire as Gambling winning ?
i have no intention of quitting gambling, i don't count how much money i have put into the game, i just know that i really like gambling and will continue to do so, quitting gambling is not my intention even if i win big. The basic nature of human beings is dissatisfaction and greed, therefore it is impossible for a person to be satisfied with the gambling winnings he has experienced so far and finally decide to retire from gambling. In fact, usually they stop gambling because they experience a few problems (such as family, social, money, health problems) and finally circumstances force them to stop gambling. |
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That is why we should not rush into bitcoin investment, we should understand Bitcoin is not a get-rich-soon, so anytime we are ready to invest in bitcoin we will make sure we have a source of income that will allow us to freely invest in bitcoin with the DCA strategy and also take care of our financial challenges so that we will not depend on our bitcoin investment to settle our financial challenges when the needs arise.
Not rushing to invest in Bitcoin is a wise thing, people who don't have a stable income will find it difficult to invest stably and calmly in Bitcoin, because of the uncertain economic conditions that make many people actually think about selling the Bitcoin they have bought. and hold, of all the existing investment methods, using the DCA method is the best, especially with the DCA method, every bitcoin buyer will be able to manage their money well and maintain a balance between investment finances and finances for daily needs. It has been proven that the price of Bitcoin grows and recovers over several years (a little longer) and therefore it is necessary that if we want big profits then invest Bitcoin over a long period of time.
Regarding the money used, I think every experienced investor will understand, Bitcoin investment is not a short-term investment that promises big profits, so we can decide for ourselves after knowing all that.
The price of bitcoin is indeed very fluctuating, but if you pay attention since the beginning of bitcoin's circulation, the price of bitcoin has actually tended to increase, this shows that bitcoin is not a good investment for the short term, but it is very good to use as a long term investment. |
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One day I saw an old man of seventy [70] years old in gambling center were we bet for soccer predictions gambling bet, and I interviewed the old man that his age that why is it gambling up this age, and many people who don't know me was like wondering why I interviewed the man and some said why I mine questioning the man that gambling is a game of personal interest.so what I to ask a gambler is that what age should someone who is a gambler supposed to reach before the person retire in gambling or is it advisable for someone to continue to gamble until death separate us with gambling.
As a gambler what do you think that should be the right time we suppose to leave gambling weather we are making profits or we are not making profits with gambling, because I know quite well that gambling whenever you are making profits you will wish to continue gambling unless that you run out of cash.
You can't guess at what age someone will retire from the gambling activities they usually do, many also stop gambling until they die, but many also retire from gambling at a very young age (under 40 years), i think the reason is that people there are different types of retirement from gambling, some because their partner forbids them, because their financial condition worsens, because they become more familiar with religion, because they experience an illness and because they really intend to stop. gambling will always have a strong attraction, it is even difficult for people to get away from gambling, it's all because of the money they can get when gambling, apart from that, don't ever think that gambling is one of the things that can give you fast money, many gambling addicts have thoughts like this about gambling. |
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Learn to cut your loss, yes I mean it, the are so many rules and skills in trading which in other to succeed in trading you must utilize to the maximum, and one one them is learn to cut your loss if it's obvious that holding your position will do more harm tham good.
Most traders have fail to understand that in trading it's very important to keep your ego aside and admit when you are wrong, cut your loss early so that you can try again .
I have seen so many traders watch there their position run into liquidation because they were stubborn or they believe that it can still reverse to their favour, when it obvious that their is no hope.
In my early days in trading I have my own terrible experience of failing to cut my loss early because I believe that their is still hope, but I learned the hard way when I got liquidated.
You wouldn't know how important this decision is, until you have been liquidated.
Learn to admit that you are wrong, cut your loss, restrategize and have a go at it again.
If you study any risk management in trading then you will find that "cutting losses" is included in it. Cutting losses is not a cowardly attitude, it is a trick commonly used by traders to avoid deeper and more severe losses, usually professional traders use different percentages at what price level they will cut losses while those who do not use risk management in trading will definitely allow the assets they buy to fall deeper in price because they have the wrong strategy and perception, but everything comes back to each person's strategy. anyway, investors are not the same as traders, investors will definitely hold onto the assets they buy even if the price continues to fall. |
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I think promoting Bitcoin stability is partly a matter of avoiding the Alcoin crisis, major changes in cryptocurrency activity, high inflation and excessive volatility, and the Alcoin market. Volatility can increase uncertainty, hinder investment, hinder growth in Alcocent.
What is your opinion?
usually a stable asset is when its circulation is unlimited, it is free to be created at any time, the government has full control over the asset while bitcoin is not designed for that kind of thing, it is impossible for bitcoin to be stable (at what price do you expect bitcoin to be while its circulation is only 21 million), just like property and also gold because the quantity is limited and difficult to print again, it is impossible to make the price stable, you will only find bitcoin like this forever, don't ever think that a stable price is good for bitcoin, in fact people will abandon bitcoin if the price is stable. |
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I'm just wondering how crypto casinos are able to cope with this high Tx fees.. cus definitely, they'll have a decreased transaction rate.. anyways, I understand the fact that they've got so many ways to cover up whatsoever.. maybe digital sales? Etc.. that'd also equat atleast 11/3 of the usual influx.
do people still gamble with these high tx fees? Is the current congestion in the mempool a motivation to some set of gamblers? that they might likely get fortunate since alot of gamblers won't wanna evade the high fees??
Sandra 🧑🦰
You can try to check for yourself how many players are still busy on an online gambling site even though bitcoin fees are high, anyway, only the bitcoin fee is high but the cost of sending altcoins is not high so there is nothing to worry about, especially when there are alternative options for depositing or making withdrawals on an online gambling site. but i really wonder why there is still no exchange feature on a gambling site, i'm sure it will be a very helpful feature for gambling players who actively play. |
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Im looking for traders who will trade with my capital and instructions.
You will be using my funds and trade according with my method.
Anyone interested ? And you will be paying my share every week to me or 2 weekly how i want.
You need to have some experince Im not gona teach you basics so i hope to find some good partners.
Thank you !
are you very new to the internet, why do you create topics like this so easily, you will be targeted by fraudsters (even i myself am interested in deceiving you lol)If you want to minimize your losses in trading then you must refuse to trade with someone else's money, have you ever heard of not your key, not your coin, that's what actually happens, when you give your money to someone else then Be prepared to lose, only a small percentage survive because they have entrusted their money to other people. Trading may not be an easy activity, but you really have to do it yourself, you have to be able to learn and not be lazy, don't let yourself lose your money, because you give it to someone else for them to manage in trading. |
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In this recent economy we have witnessed some hardships financially and many other aspects now coming to say there is no money in the bank how possible is that can you imagine saying the river has no water? We are in the new year now huge sum of money have been signed by the government for projects but in a very short time they suddenly come out to say the country is running out of funds the country needs to borrow money from other countries the money signed in your own country where are they what is the duty of the bank in your country imagine a bank giving you the maximum amount you as a the account owner can withdraw from your own account sometimes I just feel like the bank isn't a safe place any more.
Come to think of it what if someone has a very serious score to settle for example someone who has health issue and needs money urgently then you go to the bank and they tell you there is no money in the bank for now so where does the bank want people to save their money if the bank at some times can be this disappointing should we go back to the system as at the old days where you bury your money or put them in your ceiling for safety please it's no joke anymore banks should try to be reliable as to gain trust from customers because many people are not comfortable with this system
banks don't have their own money, banks only spin around customers' money and make a profit from it all, the bad thing about banks is that they will easily give out money to priority customers, whether it's the loans they apply for and I see that will be difficult to get rid of, if you are not a priority customer then don't expect the money in the bank, it will be easy for you to get out, they will say there are lots of procedures to go through and that is what makes banks really annoying. but for now we can't do anything, transactions using cryptocurrencies are not yet permitted, all we can do is try to live a stable life and be on guard for when we run out of money faster. |
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So, one question I want to ask is, if games were built to be played with money on casinos like we do now, with absolutely no chances of making money even when you win a game, would you still be spending money playing this games or betting on sports games?
Please let's discuss, and remember, keep it as constructive as possible and cast your vote on the pool as well.
Everyone's views on this topic will always vary and in my opinion the available pool will not be very useful. anyway, in my view, the money we risk when gambling, whether playing slots or betting on sports, is to make the gambling activity we do more interesting, for me personally gambling is both (the fastest way to make money and a good way for entertainment), if someone says he doesn't gamble for money but purely for entertainment, rest assured he's lying, or he's afraid to use his money and only plays on a demo account lol. |
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