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3521  Economy / Gambling discussion / Re: Greed can cause a lost bet, (true or false) on: July 26, 2023, 11:10:05 AM
604 odds? Lol! Those are some crazy odds and you lost it because of bad luck op(Not because of greed).
I would say he lost it because both greed and bad luck because from his story, there was a time when he had to decide whether to add the last selection or not. He does admit it himself that it was due to his own greed but obviously regretting it will not change the fact that he had to lose the bet because he want some additional money by adding the last selection.

He lost because of one game and that's the last game he added to his slip before locking in his bet. He had doubts of that last game but still went ahead to add it to his game and that's disobeying your feelings. He was already winning but added the game to get more money.

The OP was greedy and he has admitted it in his post that's why he titled the thread about greed causing losses and that's true because he was greedy and wasn't because of him having badluck. He has learnt his lesson from the mistake and in future will be less greedy.

Greediness makes you always wanting to have more and when you don't have a satisfaction limit to what you want, you'll always have a regrets like the OP. Let imagine how much he was about the make but his greed made it impossible fo him to win and he'll regret it for life.
3522  Economy / Gambling discussion / Re: Quit gamble! Easy or Hard? Let's talk. on: July 26, 2023, 10:43:55 AM
There's a step-by-step process, but still that self-will is the important factor to achieve that goal. Quitting is not easy if you are already addicted that's the thing, and it's only you who can help to free yourself from this addiction.

Any addicted gambler that's not willing to quit, it's a waste of effort to try to help that gambler. Quiting had to be a self willing act then after that professionals and love ones can come in to give you professional advice on how to quit and emotional support from your family.

Gambling becomes a hobby at some point so quiting can be very difficult unless you find something that can replace the hobby you have of gambling. You mightn't be addicted but find it hard to quit as well because you're starting to enjoy gambling and it has become a hobby.

The fact is that quiting gambling is very difficult as we have more people suffering from losses and addiction. Also those who're winning won't want to quit as well because they're benefiting from gambling and fir then to quit means they should give up their source of income.
3523  Economy / Speculation / Re: Crypto experienced bloodshed on: July 26, 2023, 05:58:48 AM
Now the price is 30k$ and everyone knows that it will be more up than this next year but some will be unable to make investment because everyone cannot afford to buy it other thing is that they have to keep the expenses in mind as managing of house holding activities is also one of the most important thing.

Why can't everyone afford it when we can buy Bitcoin in any quantity that we can afford. There's no law that we must buy 1 bitcoin. Buying 1 Bitcoin is for those that have the spare money for that as for other investors we can buy the amount of Bitcoin that we can afford to hold.

Holding bitcoin is more easier when you are on a budget that won't cause you to panic if the market crashes but if you over invest, you'll have no rest when there are bloodbath in the market but bloodbath are normal as they're opportunity to buy Bitcoin instead of been afraid.

The price has fallen below $30,000 which give us an opportunity to dollar cost average for the period of Bitcoin been under $30,000. This might not be too long as the market would bounce back soon above $30,000 and continue to increase until we get to $35,000 and above.
3524  Economy / Gambling discussion / Re: If you quit that's when you lose! on: July 26, 2023, 05:40:55 AM

This kind of situation will never cease to exist as long as there is no school for gamblers to guide them through their journey to placing a bet. Every gambler is basically a learner on its own, and at some point too, you can learn some things from other gamblers. The question is, what if you are learning from a bad gambler? It means the person can still be influenced. Chasing Losses in gambling is bad, but it's absolutely inevitable in the lives of some gamblers. Yes, I also came across the thread where the student gambled with the school fee. But the worst thing a compulsive gambler can do is commit suicide. It's really terrible to do such a thing.

Commiting suicide is becoming a common thing as people turn to suicide to avoid dealing with their mistakes. The rate of suicide is increasing and an addictive gambler that would have lost all their savings or money they borrowed to gamble could turn to suicide to end it.

There are some online courses on been a profitable gamblers, I haven't taken the courses but have seen lots of reviews of how they improved after taking the courses online. Maybe they're lying or not but those courses can be considered a form of school for gamblers.

There's mentorship in every activity on earth so there would be mentorship on gambling as well but the mentorship might just be about teaching you how to bet still you need to develop your own strategies of betting and depending on your won luck to win when you bet
3525  Economy / Gambling discussion / Re: Other Things You Can Bet on Aside Sports and Casino Games on: July 26, 2023, 04:47:38 AM
A big difference between this form of gambling and gambling on casino games and sports is that these form of gambling is less addictive than gambling on sports and casino games. If you are not already an addict from gambling on sports and casino games, and you decide to start gambling on these, there is a smaller chance of you becoming an addict.

They're less addictive because you can't gamble on them every week or daily as when gambling on casinos. I don't trust awards shows to gamble on them because most of the awards are won by been the favorite among fans or the Judges of the awards, they're not merited.

Awards are also been bought so I can't bet on something that isn't fair, I prefer sport betting to other things you can bet on. With sport betting you know the games are fair and open to the best team, I know we have some fixed games but they're not in top Leagues.

Casino games are also fair more than the award shows, when betting on casinos, you're sure you're relying on how lucky you're and nobody can influence the outcome of your bet but with awards shows, the finest artist love by the girls is favorite to win and not on merit.
3526  Other / Archival / Re: No panic while holding my Bitcoin on: July 26, 2023, 04:38:37 AM
knowledge is so important, we need to keep learn in our whole life. I am glad that you invest in correct time, halving time is near. better we buy bitcoin as much as we can now before many more people also do the same thing. I think there are only few months left until bullish market happen. for normal citizens who only have fixed salary every month, time is so important because we don't have a lot spare money unlike big investors who can influence bitcoin price once they get involved in it.

Investing before the halving date is a good decision because it prepares you for the profits that you'll make in the future, after investing in Bitcoin you have to be willing to hold until you make profits because the market is very unpredicted but that doesn't mean it isn't profitable.

For investors that have monthly salary, the best way to invest is to buy Bitcoin in small quantity at month-end when you get paid your salary. Don't invest all your money as that'll make you anxious of your investment but when you invest by DCA you won't be scared of the market dipping.

When you buy through DCA you won't panic while holding, holding will become a little bit easier also because you'll be anticipating buying more Bitcoin at month end with some part of your salary that you'll be paid instead of been scared, you'll be happy the market is dumping.
3527  Economy / Gambling discussion / Re: As a gambler do you have a potential winning amount limit? on: July 26, 2023, 04:09:34 AM
I am satisfied with a 1.5x return. Anything more than that is just a bonus, and I don't usually chase for something bigger than what I'm usually happy at. It saves me the anxiety, stress, and headaches in winning that much. Also, the more you chase bigger returns, the larger the risks are and the easier it is for you to lose a lot of your money. Better be safe and contented with little gains rather than risk it all in higher ones.

I would prefer to have small gains accumulated to big gains as I keep winning regularly instead of having one big wins but for the rest of the games I keep losing. I'm also okay with 1.5x return but it shouldn't be a one time thing as I'll prefer to having that with every games that I play.

As much as we have loss limit, we should also have winning limit so it prevents us from over gambling and exceeding or daily limit because when you can't control yourself when you're winning then it'll become very difficult to control yourself when you're losing your bets.

This is because you want to win back you money  while exceeding your spending budget without realizing that you're taking on more losses. In your mind you want to win and you won't know you passed your limit because you'll be used to doing that when winning.
3528  Economy / Gambling discussion / Re: Are there real sports bet groups on: July 26, 2023, 03:57:31 AM
Apart from the chance of winning the game in gambling being minimal, I believe most of the gamblers that pay for games which someone told them he/she has the right strategy for winning the game are still naive because it's analytical that no one will have such a strategy that could make them a millionaire overnight and decide to sell it for little money or ridiculous percentage the gambler will pay them.

We shouldn't trust other gamblers on their predictions because most of them are guess works and not sure if the games will win or not. Everybody knows if there's a secret to wealth people won't agree to share it unless they can make money and not for little money they'll be willing to sell.

The real sports groups are those that give inside information on fixed matches and this included games in all sports as we have match fixing in all sports and there are those who sell this winning ticket but the money isn't a small fee some fees can be upto millions.

Most gamblers that has been trusting this fake groups promising them correct game score might have just been lucky for the games they win but they'll be thinking the groups knows what they're doing and might invite more friends to join the group not knowing they're scammers.
3529  Bitcoin / Bitcoin Discussion / Re: Bitcoin: Bull/Bear Market Which Do you Prefer? on: July 26, 2023, 03:45:47 AM
both are good but I prefer bull market rather than bear market. I do altcoin trading too, when bull market happen the percentage of getting profit is bigger because bitcoin price also affect on altcoin price. for me it is hard to trading in bear market, because not much pump happen in altcoin trading. I am a trader so when bull market come I always try to sell at as highest price as possible then buy it back when bear market come again. in the past I was just do holding and the profit still big. both holding and trading is profitable, the difference is just the risk.

You can trade during the bear market as well as the bull market, professional traders trades during both seasons and make good profits because they are good at what they're doing. During the bear market there's also pumps in the market so it isn't always falling down continuously.

As a trader you don't have to learn just how to trade on the spot market, you can give yourself more leverage by learning how to trade futures market because when you know how to trade the future market you won't be restricted to only trading spot during the bear market.

Trading has more risk than holding but holding is more profitable than trading. Bear markets are perfect for holders because they get more chances to accumulate Bitcoin and other altcoins at low price because bear market make all cryptocurency to fall because of fear.
3530  Bitcoin / Bitcoin Discussion / Re: Being Knowledgeable before Bitcoin investment is very Good on: July 24, 2023, 06:43:22 PM
Well, investing in Bitcoin is not far different from any other form of investment. Regardless if it was Bitcoin or not, we still think about earning a profit as our main goal and we can't get 100% assurance from any of them but we can make it possible as long as we know what we have to do - and this is how important to have knowledge before doing anything. We can say that it was a pre-requisite in any form or investment and we must if we aim for success otherwise, never expect it anymore.

I think investing in Bitcoin is different from other forms of investing because bitcoin is a high risk investment and the market is unstable. The profit you get from investing in Bitcoin is high and worth the risk of trusting Bitcoin. You need knowledge on this things to profit from Bitcoin.

Investing in Bitcoin comes with so many challenges, you have to protect your investment from scammers targeting Bitcoin investors and having patience with the market as when you follow its movement you'll think you can't make profits because of the frequent movement of price.

If you don't have any knowledge on bitcoin, don't bother investing as you will be vulnerable to scammers. Scammers target newbies that aren't well experience in the industry because they know they can trick them to steal their investments from their cryptocurency wallets.
3531  Economy / Gambling / Re: The Rise of Crypto Gambling: What You Need to Know on: July 24, 2023, 06:27:01 PM
With regulations on the rise, privacy and anonymity are totally out of the question since no casino that is centralized is allowed to operate without a license and when they acquire a license, they are compelled to comply with the AML and KYC rules which is why they impose a lot of restrictions and verifications on their users even if the users don't like them, they have to complete them, otherwise, they won't be able to access some of the main features of the platform such as withdrawals.

I think this is an attack on cryptocurency related casino because I don't see them requesting the traditional casinos to verify gamblers KYC before they can play. The government are doing this intentionally to discourage people from using cryptocurency related casinos.

The government knows that many gamblers now prefer cryptocurency casino since they're fast for depositing and processing withdrawal and there's no network issues for the crypto gambling casinos. These regulations are targetted at taking privacy away from crypto casino.

Crypto related casino has come a long way, they're among the best casino  and in the market and has lots of gamblers using their casino. They're bringing in more people into the cryptocurency industry as gamblers get to know about cryptocurency and do their research.
3532  Economy / Gambling discussion / Re: How is your Gambling Pattern Like? on: July 24, 2023, 05:03:53 PM
Loss cannot be prevented, but it can be reduced to a level Losing money can be painful for most gamblers at times; in their desire to recoup, they continue to wager on games that produce no firm lucrative results; they are left with no choice but to keep trying until they find a better result that they are satisfied with.

Gamblers should know that they shouldn't be chasing after their losses, it's a wrong way to gamble. Gamblers should be comfortable with all the loses they get instead of trying to win back the money they have just lost. There'll be other opportunities to win higher reward.

Any person that can't live with losing money shouldn't be gambling as he'll be left chasing after his losses and won't get the time to strategize plans to win future games. As a gambler you should be disciplined and have plans on how you bet and how much you stake betting.

One of my gambling patterns is to stop getting whenever I'm down by -30% in my gambling accounts. And as a gambler you should have a separate account you use for gambling and withdrawing your profits so you don't get tempted to use money meant for other things.
3533  Economy / Gambling discussion / Re: Greed can cause a lost bet, (true or false) on: July 24, 2023, 04:37:33 PM
It is true that greed can cause us our bankroll.  Since instead of stopping and quit one session for the day since we are winning, greed make us not contented and aim for a higher winnings.  So we decide to continue our session that make our bankroll depleted while chasing a win.

Sometimes it's just too hard to ignore playing that one bet that might make you lose all the money you were supposed to win so you can try this, play the game as you initially wanted to play because if you add the extra game you might lose but win without the added game.

Instead of taking the risk of losing all you reward, get the reward first then you can bet again to try winning more reward. When gambling we should follow our instinct because they'll always favour us. Greed is one of the biggest enemies of a gambler it can destroy any gambler.

One way of fighting greed when gambling is to always have a plan and follow that plan to the end, ignore the voice that tells you to increase your stakes to win more reward and stick to the plan you had from the beginning. Also don't think you'll always be lucky when gambling.
3534  Economy / Gambling discussion / Re: Deposit limits on: July 24, 2023, 04:21:27 PM
That means every gambler is responsible for his gambling and must know how to manage his money for gambling. If a person cannot control his finances to gamble, he should not gamble or approach gambling. Many people have lost a lot of money from gambling so they don't need to follow it and it's better to find other entertainment. Self-discipline is needed in gambling, including having the self-discipline to limit his money and time to gamble to how many times a week he can gamble. If he has good self-discipline, he will not get addicted to gambling because he can take good care of himself while gambling.

Self-discipline has many advantage and it should be what every gamblers should be practicing instead of depending on casino to do it for them. Self discipline prevents you from getting addicted as you'll be already discipline and won't over game or spend over your budget.

You should set your deposit limit, and also set our gambling limit. We should be incharge of our decision and not allowing casinos make it for us because they'll always find ways to decieve us into thinking we're doing what best for us whereas we're just doing their wants.

If you can't discipline yourself for your deposits then don't gamble because you'll be putting yourself at a position for addiction to get hold of you very quickly. Self-discipline is also require for you to manage the money you win from gambling so you don't waste them.
3535  Bitcoin / Bitcoin Discussion / Re: Don't expect everyone to embrace Bitcoin on: July 24, 2023, 02:30:24 PM
Bitcoin is created for everyone but some people choose to stay away because they don't understand what this digital currency is all about, some people don't even know that there is something that has no inflation and it's form of money, if they have this knowledge maybe they will have interest right away, this is why I don't want to stop smearing the news about Bitcoin to those that come closer to me, it's safer to have money in Bitcoin than banks now, my local currency just lost an extra 100 to the dollar, inflation is killing us hard here and the only advantage I have is most of my money are in Bitcoin and USD, I would have been down a lot of I am holding fiat today.

Bitcoin wasn't created for everyone, it was just created and opened to everyone. Anybody that wants to benefits form using bitcoin should decide to embrace it. But not everyone will welcome Bitcoin like as the government aren't happy about bitcoin and fighting to destroy it.

We have those that doesn't trust the internet and avoid using things that are on the internet like bitcoin, this set of people won't want to hear anything you tell them about bitcoin and those that have passed experience that weren't memorable won't embrace bitcoin as well.

If you're teaching someone about bitcoin and they refused to understand, don't force them because they might blame you if they lose money with their Bitcoin investment due to their impatience or been very careless with their investment and losing it to scammers.
3536  Economy / Gambling discussion / Re: If you quit that's when you lose! on: July 24, 2023, 01:26:23 PM
A gambler needs to be clever enough to know when he needs to quit and when he needs to continue playing. Without thinking quitting the games and without thinking keep on gambling is not the solution.

At times quiting would had been the best solution as if you didn't quit, you can lose more money. Quiting to fight another day saves you and not make you a coward therefore we don't have to follow others gambling advice but do what benefits us, unless we'll keep losing.

A gambler should be able to identify when he isn't having a good day and quit to save money instead of been ignorant and continue gambling. Your mindset shoudn't be all about making money when gambling but to lose money by doing things that would make you lose.

Quiting doesn't mean you lost, those words are meant for something else like your dreams that's when you can say those words and not when you're gambling. Gambling is a game based on luck so you can't keep playing when you're losing and expecting a different result.
3537  Bitcoin / Bitcoin Discussion / Re: Why local currencies when there is bitcoin ? on: July 24, 2023, 12:51:57 PM
When you say they have 80 types of local currencies, so that means like having different currencies for each state or what? Isn't that a waste of time and stressful? It's not really making any sense to me, there should be just one currency in every country and that's how it's been. And as far as I know, French makes use of euro right?

It's not a waste, it might make the states be more united, is like having something that's just unique to only those in that state. I could see how this will work and it might be more better than having one centralized fiats as we do in most part of the world using one currency.

Just because that's how something has been doesn't mean we shouldn't change it or try to make it better and that's why Bitcoin was invented to change the way we see money. Before Bitcoin was invented everyone sees money been controlled by the government.

Bitcoin is yet to be accepted in France but the 80 local currency are accepted since they're also fiats and can be controlled by the government of the states where the local currency are operating, maybe they won't be needed when Bitcoin gets full adoption in France.
3538  Bitcoin / Bitcoin Discussion / Re: Reasons to be attracted to Bitcoin on: July 23, 2023, 07:21:28 PM
I think a big reason to be attracted to Bitcoin is for diversification in your investments. Crypto is emerging as a new asset class and Bitcoin is widely considered the most fairly distributed and secure coin out there. Not to mention it has the first mover advantage. Every investor should have exposure to Bitcoin and even Ethereum.

Diversifying your investment isn't a enough reason to be interested in Bitcoin because you can always diversify your investment to others investment that doesn't have to do with cryptocurrency, you can be interested in cryptocurrency without been interested in buying Bitcoin.

It's only those that already has interested in Bitcoin and have done their research that knows all the good things you just said about Bitcoin, the new investors are just looking for where to invest to increase their money so they won't be looking at those things you just said.

They'll be looking at the profit they'll get when they invest and altcoins always give more profits that Bitcoin but are riskier too. One reason to be attracted to Bitcoin is because it's easy to invest into and gives you freedom over your investment but other cryptocurency don't.
3539  Economy / Gambling discussion / Re: do anyone have done this? with gambling platforms on: July 23, 2023, 04:17:53 PM
I think that this is normal, it is the duty of every casino, if a person deposits and wins, it is their right to withdraw, and yes, there should not be a KYC requirement to do so, because it would condition them or force them to give their data in order to opt for the benefit, I do not agree with the KYC to withdraw,

Nobody agreed to giving out their private information to casinos but since we're dealing with money here casino are obligated to asked for KYC verification. All casinos are now doing it and if this continue they'll be forcing us to abandon them and move to web3 casinos.

This is meant to be a decentralized environment, exchanges are also requesting for KYC verification but we have decentralized exchange that aren't asking of KYC verification which we can use as an alternative to the centralized exchanges mandating use to pass KYC.

If we can get very good decentralized casino and sportsbook. I won't hesitant to start making use of them instead of the centralized casino that's becoming very popular. For now we just have to obey their rules so we can withdraw our win but soon they won't see customers.
3540  Bitcoin / Bitcoin Discussion / Re: Beginners, you don't need Bitcoin first on: July 23, 2023, 04:08:32 PM
There are several things that must be considered before we invest in something, including Bitcoin.

1. Invest when you really can and are willing to invest, not to force it, let alone make it difficult for yourself because of investment, especially this is risky.

You're right and from the advices I have seen on the forum, it looks like if you're not investing you're doing something wrong meanwhile people don't realized that not everyone has equal financial power. We have people that if they invest what they have they won't have anything left.

It's not a must to invest in Bitcoin and it isn't a must to invest now. If you're not ready to invest then don't do it because if you allow yourself to get pressured into investing, while others are okay when the market is dumping, you won't be at peace because you can afford to lose.

Bitcoin investment is risky when you don't have the patience to hold for as long as it takes for you to become profitable, you'll lose your capital when you sell and that can lead you into having doubts about future investment to trap you at the position you're financial forever.
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