What an interesting post. What interests me the most is the part about gambling benefitting the mind. I also like that it calms you down.
I guess if your gamblings is based on chance and not require skills it won't benefit the mind very much
Gambling do have disadvantages and advantages it can really relief the mind but it can also affect emotions especially when you are losing. Thats why you should be prepared to lost money for the benefit of entainment.. I never understand why people call gambling a relax of mind game. There is a lot of anxiety and stress when you play gambling because we have put our money in a bet/game and we really do not know if we will win or loss. In case of win, we get a bit of happiness but if we lose this anxiety / stress can turn into depression. |
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The most exceedingly awful time in betting is the point at which I bet for a considerable length of time multi day once, I lose a ton of cash and the following day I kept on gamble it, despite everything I lose then regardless I didn't quit betting, I bet in resentment and I played like there's no tomorrow. At the time, I believed I couldn't control myself, every one of my considerations were just betting and betting, and one day, I understood all my cash has vanished. My loved ones have been far from me, they take a gander at me as outsiders, betting is awful, it removed my beginning and end.
This is really a bad experience for you. I also faced a similar situation where the greed did not make me stop gambling but luckily i did not have much money in my pocket that day and lost only the amount which i bought with me to the casino. Before playing gambling we should make up our mind that we will not be greedy either we win or loss. Also we should understand the fact that lose is also a part of gambling and be ready for it. |
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Well i have something interesting to tell you all in here.
At the beggining, i thought that i had the key, the secret, to win on Roulette.
I was always winning, and it was something brilliant for me, but in the end, it is impossible to calculate how the rows are going to be.
So, i ended up losing a bunch of money.
Well, there is no game in gambling which can grantee you 100% win and Roulette is no different to it also. If you had won few games you should have calculated your profits and invest more wisely. A gambler should not be a nuisance to the family and neighborhood. As a gambler respect your family financial treasuring and also re-frame from dragging the family name into the mud because many are gamblers that can gamble with family saves money just because of addiction to the detriment of the entire family.
Well, mostly gambler keep on playing gambling and do not care for their family and children which is not right. First we should fulfill our responsibility and after that we can spend our extra money in gambling. |
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a lot of analysis and articles that I read from all the best traders, I see a lot of them who say that by the end of 2019 it will restart its good reputation for bitcoin, of course it's not easy but I hope their predictions are right that there will be a recovery for the bitcoin price at the end later in 2019
I think 2019 we are a little lucky because our market is improving us and it would be good if we support these market prices, we don't need to doubt the current market price drop in 2019, we just have to be patient, the key Lol. How can you say we're improving when we're slowly dropping back to the previous low of close to 3k. Though i'm also positive that this year would be better mainly because we already started at a very low level where we can only go up. Unlike last year. It just may take time or even the whole year for a slow recovery. We are not recovering, we are just trying to be above the 3K level. If the price of bitcoins keep on touching the support of 3K many times, there would be chances that it will break the support and would test 2500 or less. We have not seen any big pump this year and the price is just moving between 3200- 3700 K. Lets see how it moves further in the upcoming weeks. |
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Market get a quick surge yesterday from 110b total market cap of crypto it goes up quickly to 122b this only show that if whales and financial institutions want to make price goed up they can really do. I am hoping this would be a start of s bullrun since we are currently experiencing the longest bear market im crypto, maybe we are close to make this over.
Well this also means that whales are controlling this market effectively and they can anytime pump or dump in the market. Whenever there is a big dump or pump in the market it is because of the manipulation. Consider the fact that many people were shortening the bitcoins on bitmex and this opposite move by the whales made liquidated many traders. |
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no different from you, I personally use exchanges only to convert to fiat. besides that most of the crypto I keep in the hardware wallet. and some at multiwallet. because 90% of security is in yourself. if in exchange, I don't believe that. so, thank you, you've shared your experience in storing crypto assets.
Yes, Hardware wallets are the most secure way to store your coins. As through hardware wallet coins are stored in offline status, there is no way they can be hacked. Hack and Hacks, every day I am waking up to the news of crypto exchanges getting hacked, recently a crypto exchanges founder died and he seem to have a hold of $190 million worth of BitCoins with him.I have taken a pledge of never using a custodial exchanges, even if it is Binance, and not matter how much CZ says that he will keep the cryptos SAFU, I am not doing the mistake of keeping my money at stake. I did a detailed study of what exchanges to use and what wallets to use - - Exchanges - Instant exchanges only, Changelly, ChangeNow, CoinSwitch etc.
- Wallets - Divided into two parts - Ledger NANO S for long term investment, and keeping the funds safe, MultiCurrency wallet for trading, ex - Gaurda Wallet, Exodus Wallet
Let me know what you guys think. Exchanges are not preferable in storing bitcoins. Always note that the exchanges are more vulnerable to hackers than bitcoin wallet. We should only store our bitcoins in a safe bitcoin wallet for us to guarantee that no one can stole our bitcoins. Recently cryptopia exchange was hacked and many people lost their money. I think we should always move our funds from exchanges after doing trading. If we want to trade again, we should again move fund back in exchange. Although it is tiresome to move fund back and forth the exchange but it is more secure. |
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It could be true but I think it will not affect the believers or the bitcoin in general because we all know bitcoin is still best for doing things gold just can't do. Bitcoin is a payment system aside from just being an investment so that it differs a lot from gold. I don't mean to say gold is not good but they are different. That is why both can stay together side by side now and in the future to come.
I don't think that bitcoins investors are moving to Gold these days. If that was the case, we could have seen big spike in the value of Gold but this does not happen. Those people who are investor of bitcoins are the ones who need quick profits and are willing to take more risk. Gold Investment will never provide them quick gain , even though the investment in Gold is much safer than bitcoins. |
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No one can beat the house, that's only true on games like dice where there is an edge but on skilled based gambling, it's not applicable.
I agree, that's why I don't want to engage with dice games and the alike because I knew that it would be hard to. If we will permutate there are so many combinations possible thus having a small chance to win. Another tip, prefer games where the fortune is in your hands like poker. You can earn bigger here (if you are only good of course) because you would be the one who control thr flow of your cards. Dice are actually more easier than any other luck based gambling games because you can set your winning chance at a higher percent though it can lessen your payout a little bit . The winning amount doesnt also based on the games you play but it depend on the capital or to the bet that you will put . @op , no theres no easy profitable strategy because all of them are the same . you can loose or win depending on how lucky you are The only strategy of winning gambling or dice games is Good Luck only. There is no information or knowledge required to do gambling and even a layman can easily gamble. As said earlier that gambling is Won by Luck only so the experience in gambling does not count much. |
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Online gambling has increased the number of crypto gamblers. Even those gamblers that didn't aware of crypto has to adopt it willingly so they can enjoy the perks of crypto gambling like... Yes i think both gambling and crypto has helped each other grow more. At one side you can say that gamblers came to know about crypto but on the same time its the crypto users who started gambling after they had gather digital money. |
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Well gambling industry is the first recipient of this technology so yes, it makes online gambling more accessible and easier for anyone.
Also I'm not sure how fiat gambling play is verified, as opposed to provable fair method being implemented by blockchain based online games. So I guess that's one reason why there are big online gambling whales as well. They can check if crypto based online game is cheating or not.
Bitcoin has made Gambling accessible to a lot more people. Due to blockchain, there is no restrictions on age limit and even kids can do gambling provided they have bitcoins or access to bitcoins. For adults, those who did not have credit cards or were hesitant to use credit cards online, can now easily use bitcoins without any fear. |
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Sri Lanka had a very poor test series against Australia, they didn't show much fight at all which was a shame as it would of been nice to see them fight a lot harder today and make Australia earn their wickets but that wasn't the case. Strac ripped through Sri Lanka in both innings taking 10 wickets for the match and deserved man of the match. Sri Lanka have a long way to go before they come good again, I just hope that it doesn't take too long.
This is a bigger challenge for the SL cricket board as this was one of the top sides when they had players like Dilshan, Sangakara, Jayawardhan, Murlidharan etc and with the retirement of their's the team has just not being able to get the right combination or player are just not upto the international standards. You made me remember the golden days of Srilankan cricket when we had such world class players in Srilanka team. I miss those great players SL had too . Jayasurya , Jayawardhana , Sangakkara , Dilshan and so on . The bowling unit too had some very good players . I feel that the biggest mistake SL did was all the experienced players retired at the same time . Look at how Dhoni is impacting the Indian team now , that was what is required in SL team now.
Chaminda Vaas and Muttiah Muralitharan were the best in bowling unit. rest are forgotten. without new crop it is not possible to sustain anything. i think srilankan crowd too not very interested in cricket now. Well, it is hard to get the bowler like Muttiah Muralitharan again as he was a legend and he will be remembered in golden words through out the cricket history. |
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There is no special way for me to keep winning gambling. I like playing dice because it has a very simple rule compared to other gambling places. I just clicked on a bet without thinking about anything, after that when I won I would not be eager to overestimate my stake. I only rely on luck, the start-up that I have will not function properly.
But in dice too you can change the winning percentage,so you need to try change the multiplier if something is not working for you but dice is best for the people who want to play based on luck. Changing multiplier or wining percentage give no grantee that we will win in dice games. Although there are many strategies available on youtube which will grantee that you cannot lose in dice games if you follow their instructions but in reality this is not the case. No matter whatever strategies you follow, you cannot be a winner in all the games. |
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Agreed with your logic of being addicted. When people want to get pleasure from those for everyday, this become addiction. I do gamble for a long time but never was addicted to it because I do not have much time to spend behind gambling, hahaha.
For all those things which involve in gaining money, it is very common for the people to become addicted to it. The bad thing about addiction is that we are unable to distinguish between Win and Loss and are so much involve in game that we do not see the dark side of the game. As long as we use mind in playing, not our emotions, we are not addicted. |
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The old which are on proven trusted sites should be more helpful than new sites. As there are a lot of risky either that is legit or not. They will run for long time or will be vanish soon etc.
Not every new casino is a scam. Someone may start a new casino as a new business and willing to make a big casino one day. Even those which are old and trusted ones, were NEW at the time of their starting and they develop over the passage of time. A good approach is that we do not play in the new gambling site and give it some time. Once we see people are joining in and there is no issue, then we can gamble there as well. |
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Being optimistic 101. Find possible positive things in all situation. I assume that this market dip is just a hard reset of the market's value where 'virus' or unworthy investors, mostly those who panic sell, forced to withdraw their account because of the dip. With this, all weak accounts will be perished and all remaining strong holders go on to victory. After it has been cleaned, we could now enjoy green fields on our wallet. 2019 will be great again for us crypto holders. Stay focused.
I hope your views and statements are correct and we are able to see bull run in 2019. If you see the current situation of bitcoin price you will see it is no difference for last 2 months and we are unable to cross 4000$ significantly. The Major reason is that there is no big news which can help bitcoin grow at a very good rate and bears are still more dominant in this market. |
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I agree with many people who wrote above that it is not worth the risk. If it is necessary to pay taxes for it, you are obliged to do it to avoid problems. But I understand you. I would also not want to pay taxes for crypto, because I earned it myself, without the help of the state and I want to get the whole amount, without tax. But even if you do not want to, it is better to pay tax and sleep peacefully.
Exactly, why would we pay taxes for crypto in the very first place? government don't even accept crypto here in my country and taxes are already on top of the merchandise we bought, so for me it's no need. Taxation is for the fiat currencies , therefore there is no point for the tax on crypto. No one controls the crypto and no one is responsible for it in case it is hacked etc. When government pay the taxes, they are responsible for the people loss, how can government control the crypto loss ? This is the main reason why government is not willing to use bitcoin as a currency. |
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the limit on the use of money on each account in the bank application will automatically reset every day. and you could just spend your money the next day. the point is don't just rely on the application to limit your gambling expenses, you need special fund allocation and self control
I think a person can also set a limit my himself. They dont need to depend on an app for everything in life. At times using your brain to do more work has a positive impact on your health than relying on an app to remind you to do the same. We should stop being lazy and being allowing robots to do our jobs and take be the control on our own hands. The app can give a false sense of control to the person using it and thats no good at all. Expending too much is a common thing but gaining the control to spend as per need needs practice. No matter what you guys say the app is still useful because it does already help alot of people not just to control their bad habits but also to save cash as well for other important spendings . if you are still addicted dont blame the bots and apps or any other addictive stuffs because that arent their problem anymore but the problem is on you . In most cases, the app can only be useful if one is not addicted to gambling. For those who are addicted to gambling, it will be very difficult, nearly impossible to make them quit gambling. Anyways i like this idea, atleast someone may benefit from it and get his gambling habits change. |
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Oh mate, I do understand that you see the potential of cryptocurrency gambling/betting in Africa since they are still at the stage of development. Well, here's what I can tell about it since it's South Africa, I would not recommend anyone to establish a gambling platform there since gambling is I can tell a profitable business that is sustained by the greed of the gamblers. If I were you, I would start to establish a company that will provide jobs from that specific country and at least give them a 0.xxxx01% of GDP/growth of the economy. Sometimes it's not about the money, it's about the vision that is clear to help others.
I think future of gambling is very bright in Africa and Asia. You will not find as many casino as in Europe and USA. Africa and Asia market is very under development in terms of gambling and casino, although in some countries the ratio is quite good also. Development of casino in these continents will be a good business idea and can give a lot of money in return if implemented properly. |
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We have lot of games in gambling and each have different kind of probability of winning and their rewards also depends upon the probability level so on which game you got your maximum reward in signle bet?
There are so many gambling games that exist at this time, I don't prioritize profits because I am very dedicated to entertainment. I don't always think gambling is a serious thing, I play gambling with the aim of having fun and that makes me not get stressed. It's a fun adventure and I will try various types of games and I will have fun. So please be reminded that when someone has a goal to get entertainment they will not get any burden. If you only play gambling for entertainment, then its the best as those who play for money are mostly stressed. I got $15 for guessing for guessing about which football team will win the soccer match and I was so lucky because I never win before. I didn't do in any online sports betting, but I do that thing with my friends which watching the match together. And luckily, from that guessing, only me that have a different team and finally the team I choose can win because they can turn the game with fast attacking.
Good to know that you win 15$ in your first Bet  ...Hope you have a good gambling experience ahead |
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It would be reasonable to suspect the casino if theives robbing the winners was common thing. Could be that the thief was trailing the Korean man from the casino.
I thought Casinos pay large wins directly into winners account?
Yes, these much big Winning amount should be transferred directly into the winner's bank account or cross cheque should be given which should be cashed only the him. Also i guess that in this particular case, it seems that someone from the casino actually knew this and he might be the one who follow the winner and stole his earnings. |
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