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381  Economy / Trading Discussion / Re: How to handle emotions when you lose during trading. on: April 16, 2024, 10:14:23 PM

1. Do not overtrade, always allocate time for relaxing and purifying the mind.


Excessive trading is not good for a trader's finances and health. Because when a trader trades excessively, they will sacrifice their rest time by monitoring the market continuously and seeing how the charts keep moving in front of their monitor. This is not recommended for traders, because good traders are those who can manage their time by knowing when to trade and when to rest. By managing trading time and rest time, a trader can maintain a healthy balance between trading and their personal health in the long term.

One of the reasons why a trader is always required and advised to have a plan and put limits on his trading activity is to limit excessive activity, because it is a sure thing that when you are too long in front of the monitor analyzing the market then over time you will lose focus in yourself which will make you make careless decisions. Limits in trading are to limit the time of running sessions and limit the amount of budget allocated and of course the benefit of these limits is to keep our brains and minds awake and avoid some careless decisions due to too long analyzing the market that can make us lose focus.

On the other hand as you said that good traders are those who can organize and manage their trading activities which means knowing and having the ability and planning about when to row and when to pull over. Trading involves money where in trading the possibility of risk will always lurk a trader, and the fear is that when a trader is too long in front of the monitor then there is a possibility that they will lose focus in themselves due to being too tired in analyzing the market which ultimately makes them make the wrong decision.
382  Economy / Trading Discussion / Re: What people some people don't know about trading on: April 16, 2024, 09:51:34 PM

I've come across many videos on social media by professional traders and obviously the impression they're giving is that trading is get rich quick money scheme, which is not true. They make it look so easy by feeding their audience lies that within a month they can actually gain mastery and earn up to $5k. Perhaps, the end goal could be to get the subscription fees from them. Newbies should not be deceived, trading is not ABC, it takes time, patience and hardwork to learn the ropes.
That’s the reason why majority of social media influencers cannot be trusted. They seem to act more greedy than selfless. Instead of opening our eyes into the reality of trading, they even feed us with wrong concepts and make us believe that trading can make us rich quickly, when in reality it’s the opposite, trading can quickly leave a mess and ruin all our funds if we enter trading without knowing. This is why we shouldn’t be trading and risking our funds if we don’t have sufficient knowledge and understanding on how trading works in the market.

That's right, and as we know that lately there are a lot of influencers who broadcast these promotions and besides that they also sometimes become one of the figures filling out an advertisement for several types of trading brokers by saying things that at first glance look and sound very tempting and of course as a result many people are interested in getting involved in the world of trading with high hopes of getting a lot of benefits to change financially in life, when in fact when you have entered a market then that's where you will start to get confused especially in response to the many losses that make your money disappear significantly.

However it is a correct and realistic statement that trading is not an intermediary for getting rich quickly, in any case success does not come by itself but success must be picked up or pursued with dedication or sacrifice and unusual hard work and this is the reason why not everyone can be successful in any field including trading, so I hope you or whoever it is not easily attracted by everything that looks tantalizing that comes in a short way, of course the solution is always to use common sense and rational point of view so as not to regret it in the end.
383  Economy / Gambling discussion / Re: Has this ever happened to you as a gambler? on: April 16, 2024, 09:28:14 PM
Generally we don't like to be seen as a loser, we just want to get back what we lose and in gambling it's not really possible in that way so one more lose then we lose entirely. They are ignoring the basics of betting which shows the are ready to do anything just to achieve the results which can be due to greediness or addiction according to the situations.

Actually the main mistake with gamblers is that they don't accept their loss and want to chase it but they forget that gambling is not a field where they will use their knowledge to get their dreams victory.

There is nothing required for gambling to get the reward but it is reality that if your luck shines then you win and if your luck does not co-operate with you then you lose in gambling. A person who gambles for the first time with thoughts that he will not be addicted towards gambling also becomes addicted to trying again and again to recover the sum that he has lost previously.

That's right, the main ailment of most gamblers is the inability to accept the fact of losing which eventually leads to many impulsive decisions such as continuing gambling with the intention and purpose of recovering something that has been lost. And I can already conclude that they are irresponsible gamblers or maybe I will also call them losers who only want to win but are not ready to lose. However, gambling is always about winning and losing, only those two and you will always end the session with one of the two possibilities between winning or losing but most gamblers experience losing more often than winning which is the reason because the percentage of winning is much smaller than losing.

The truth is not to be too ambitious in terms of dealing with winning and there is no need to put too high expectations on winning because it will only make you experience significant disappointment when it turns out that the session ends in defeat, after all, if for example you are lucky enough then you will also be able to get a win like other gamblers get, so it is better to focus on being able to accept the fact of losing rather than putting excessive expectations on winning which in the end will only make you even more disappointed.
384  Economy / Gambling discussion / Re: Gambling Management on: April 16, 2024, 09:00:05 PM

Don't use up to 10% because for me that's quite high already. 1%-5% is fine but when you go more than that then that's sort of alarming honestly.

But if you can take the loss with that amount that you're going to do with your salary then there's no problem at all and all you have to do is be good at managing not just your budget but also your emotion.

Yeah because it's not only about the money but also the mental capital that would require you to risk such amount of money. You don't want to lose all the money that you've just worked hard don't you? Which means that you should be only betting the amount of money that only seems insignificant for you. That you won't stress about it even when you lose. Because regardless if your new or a professional, you are going to lose in this game. So if you aren't prepared for that, you may lose your sanity. Increasing your risk doesn't only equate increasing your profits, it also increase the amount of stress you are going to carry.

Honestly, I am not sure that there is a gambler who is really able to accept a large amount of defeat, and we should be able to find out about what their intention is actually gambling from the amount of budget they allocate, if for example they allocate an amount that tends to be large or even close to 80% of the total amount of their income per month from their main job then I think I can conclude that their intention and purpose of gambling is to multiply the money they bring in with the hope of getting a big win.

With the goal of multiplying the money they bring with them then I think it is obvious that if they end up losing then they will not have the ability to accept the fact of losing, I am sure that they will be emotional and unable to calm their emotions which in turn the situation encourages them to do some out of control actions such as chasing the winnings to restore something that has been lost which will actually only lead them to a lot of stress, In the end, as you said, it is best to gamble by putting the amount of budget that we can afford especially for losing, that approach is useful to minimize emotions and out of control actions that lead you to a lot of impulsive decisions.
385  Economy / Gambling discussion / Re: Does it looks responsible as woman telling husband you gamble? on: April 16, 2024, 08:41:30 PM

Family relationships will be more harmonious when everything runs with full openness, in any case between the two parties, between you and your husband, and of course keeping things a secret from your partner is something that is not recommended because after all, they are our life partners who will always be accompany us until death do us part, and in addition I am sure that if you hide something from your partner then one day this will only trigger problems between you and your partner which, as you mentioned above, most likely your partner will not trust you again.

Even though basically, maybe you are a typical responsible gambler who can manage and control your gambling activities well and safely, but still the problem is keeping something secret from your partner, which can reduce the level of trust and possibly disrupt harmonious relationships in your relationship. family. So don't think that if you are a responsible gambler then you don't tell your husband, because maybe your husband has a different point of view towards gambling, maybe he will assume that even though you can maintain your involvement in gambling well, it's still a thing. The risk of losing money is a definite thing, and in fact this will only result in a number of unnecessary losses, however there are still quite a lot of other entertainments that you can do without any possible risk of loss.
Some are saying that each one of us does have a secret that even our husband or wives doesnt know about, if this one pertains into those things that happened before marriage or on the time that you created your own family then i dont see any issues with it but its true that nothing beats out on living in a family on which you arent that hiding on something. Just like on what been mentioned that having that kind of openess would really be bringing out that kind of happiness on which we know that telling everything nothing but the truth would be always that something which crucial on any relationship in between.

We do know on how important it is when it comes to trust and really that tell everything you do and everything you do have in mind. This is where you would really be able to see and say that your partner does really give out that kind of importance and respect towards their partners on which this is something commendable and recommendable of course.

Yes but the main problem here is that they have a habit that involves the use of money, no matter if for example you are a responsible gambler even still in the end the possibility of losing money is a sure thing, and simply put if for example you are not involved in gambling then there will be no amount of money lost even if the amount is not large, so even if the habit you have before you get married still when you get married then you should tell your partner about you having this habit.

As we know that when we have entered the household phase, the responsibility will be even greater because usually there will be a lot of money allocated to meet many needs where it is better for us to use the money to meet family needs than to gamble. Actually this will not be a problem if for example you have other habits that do not involve the risk of losing money even if for example you keep it a secret from your partner, but if for example the habit is gambling then in my opinion it is better to tell your partner, lest it causes problems in the end when you unconsciously turn into an impulsive gambler which is clear your partner will also scold you. What we have to look at here is "having a gambling habit" which involves the risk of losing money, it is this context that should be of concern.
386  Economy / Gambling discussion / Re: Do you believe in gambling experts predictions? on: April 16, 2024, 08:11:26 PM
To be honest, overall and by using a healthy mindset along with a rational way of thinking, I really don't trust experts when it comes to predictions, there is no reason I can trust them if we talk about betting activities, because it is clear what betting is. meaning that the result at the end of the session is always about the possibility of two things, namely the chance of winning or losing, winning is nothing more than a chance and losing is a certainty while on the other hand there is absolutely no certainty or guarantee whatsoever for anyone to be able to win in that session.

Logically, if for example those who are called experts can really win then why don't they do it themselves? why should you sell your predictions to other people by asking for payment? while on the other hand they have a lot of time to follow a lot of bets and then get a lot of wins with the accurate skills and strategies they have, of course with this alone I think we can get the answer that in gambling there is no such thing as an expert who can lead us to a sure win, I wouldn't believe that for example they could really give you a sure win, and maybe I would say that no matter how good your or the experts' skills are, it can only increase your chances of winning and not ensure or guarantee that you will be right. - really can win.

Those experts are only lying about the whole thing, as they, the experts, know it's impossible to always be accurate in predicting games. But, to make things better, I think the experts should focus more on guiding their users not to get addicted. By accepting that an expert exists who can always win his games, the naive players would think they can get to that stage someday. And for that, would gamble to reach such a level. Without minding what it could cause to their finances. Some experts online, claim to possess fixed games, selling them to gamblers, yet they don't win a dime. Even the fixed games, end up being fake. Gambling has no sure means of winning, including sports.

Despite how important looking the team would appear, they can lose out to a smaller team. Hence, gamblers should play using their predictions. It's more enjoyable than sharing profits with a so-called expert, who doesn't have much influence on the game. Anybody can become a self-made expert; he only needs to market himself to more gamblers and make money through them. The whole thing gets confusing when the gambler loses out after using an expert and still goes back to utilize the expert's prediction in the future. I think their customers, are mainly naive and don't calculate.

Yes if we go back to examine gambling as a whole, especially in terms of generating winnings where most of the winnings occur only because of luck then from here we can already conclude that most likely someone who is called an expert only "admits" that he is an expert in prediction but his recognition will not be "recognized" by people who have become their victims, meaning they do not have a 100% accurate strategy in terms of predicting but they have a smart strategy to deceive many people about their claims of expertise.

I think if we think using common sense and rational thinking then I think at first glance we should be able to conclude that no one can predict the outcome of gambling 100% accurately, I will believe it if you are basically someone who owns a casino or if you are the owner of the casino who really knows all the secret keys to winning gambling but if you are nothing more than an ordinary person and do not have any personal relationship with the casino then I think the idea of "experts" cannot be trusted.

And if we are talking about sports betting then yes of course I think it is still difficult to really predict accurately even if you have pretty good skills and knowledge, one of the reasons is because there are still many possibilities that can happen on the field unexpectedly such as the team you bet on having a red card that makes the opposing team superior in terms of the number of players which obviously there is a big possibility of the opposing team to win and the team you bet on losing, so of course the conclusion is that it is better to bet your own way because maybe you have better luck than the experts.
387  Economy / Gambling / Re: My betting strategies on: April 16, 2024, 07:46:14 PM
In my opinion, this game is a game of chance, without exception, all gambling is the same, in my opinion, winning is based on luck, although there is gambling that is based on skill, but in the end it still leads to luck.  Maybe it's different from sports betting but in my opinion it's still related to luck  because predicting uncertain things is the same as depending on luck.

gambling requires skill to play it, maybe you can use a strategy to win, but in my opinion the strategy used is not guaranteed to win,  even if they get the strategy from gamblers who are experts in predicting. I myself gamble on slots, but I know that gambling is a game of chance,  I don't use any strategy I just set certain limits so that I can control myself well.
Perhaps we should look from a different angle and start from the fact that almost all strategies do not work. Recently the thought came to me that we need to play and if we start losing, then just be prepared for losses, and not expect wins. In this way, we set ourselves up not to receive moral blows when there are no winnings. Almost always the player is focused on winning and this is not correct, because if it does not happen for a long time, the player becomes furious and begins to do all the actions that will lead him to an empty wallet in the end. I want to say that there is no need to set high expectations and then we will be more calm in the game.

Well true, I understand that all typical gamblers would never turn down a win including those responsible gamblers who come just for entertainment but on the other hand it is a fact that gambling is always about the chances of winning and the possibility of losing which means that winning is nothing more than a "possibility" and losing is a certainty, and yes I think you can draw a conclusion from this idea which means that we should be more prepared to accept the possibility of losing because it is a sure thing when luck is not on your side.

Overall winning always refers to luck while on the other hand one can never know when they are lucky and luck cannot come continuously which means there will be more losses in between than wins and this is the reason why we should focus more on preparing ourselves to accept the fact of losing, and one of the other benefits of having the ability to accept defeat is that you will not experience emotions that are too significant which is usually the emotion that makes gamblers deepen the amount of loss with the act of chasing victory to restore something that has been lost due to the inability to accept defeat, and another thing is of course not to put too much hope in winning because it will only make you feel more disappointed when you finally lose.
388  Economy / Gambling discussion / Re: Has this ever happened to you as a gambler? on: April 16, 2024, 06:52:07 PM
So the question now is: What could really put a gambler in such a situation, addiction, or greediness?
I think both situations put a gambler to do. Both are categorized, first, a person gets greedy he wants more and more money, sometimes he loses, and sometimes he wins he starts chasing the losing funds and wants to recover the losing funds, he moves to addiction when he can't live a movement to stay away from gambling. The same case with him he got an addiction in his mind he thought that maybe he would win this bet and without any investment, he could earn but the results were Changed and he went into debt and left his phone as a guarantee This is what we aim to protect the new gamblers from not being involved in any betting platform always prepare yourself and make sure your control in your mind.
Yea, you are right and I agree with you. A person who gambled and earned money from it at that time went smoothly and did not get any addiction but when he lost some funds he started chasing it day and night regardless of the time I did not understand this kind of person When they accepted a lot of profits then why there were obstacles accept the loss when it happens. Winning and losing is part of a game and I think this is move the meant of enjoyment but a lot of people ruined this movement. A new gambler should keep in mind that always accept your loss and never chase your loss for recovery, with time you can earn more than the lost fund. You can just focus on your mental health and your income both need to be controlled.

In fact, I think addiction will start when someone manages to get a win in one of the sessions they do, which is the reason is money is something that everyone always needs and wants and when they manage to get a lot of money just by gambling (without having to sweat a lot) then there will be a sense of addiction and they want to continue to get a win so that the mindset and expectations lead them to excessive gambling actions.

Usually the addiction starts from the first win where they feel very happy and excited about the win which in turn leads to excessive action, but on the other hand as Ana said that defeat is part of the game which means that the results at the end of the session will not always be about winning but defeat is a definite result that in the end when the results do not match expectations then usually they do not have the ability to accept the fact of defeat which makes them emotional and take actions that will only harm themselves more, namely chasing victory to restore something that has been lost, and simply put is that when someone has entered the addiction phase then they will always be addicted when they succeed in winning which makes them apply greed and they will be more curious when experiencing defeat.
389  Economy / Gambling discussion / Re: Why do some people hide to gamble on: April 16, 2024, 06:31:16 PM
So at this point I decided to bring it here to know or see different views from different intellects here on why do some people hide just to gamble or if it is the best way to gamble ?.

It is true that they will not get pleasure from gambling in public so they choose not to do it.
Those who gamble in secret do not want to embarrass themselves which allows gambling activities in the environment to have a negative view.
Another possibility could still be a more positive answer as to why they did it in a place like that. The rest only they know.

In my opinion and from a fairly reasonable point of view about the reasons why someone prefers to hide their gambling activities from the public eye is quite simple which you have also said the right thing that one of the reasons they hide it is because they are afraid or worried that people in their environment will view them as someone who has a bad personality because they are involved in gambling, and obviously this negative viewpoint can cause other problems in their life and one of them may reduce the level of socialization between them and others around them.

There is a high probability that the people around them will stay away from them and also maybe by throwing some criticism for fear of being exposed to the bad effects of gambling by the gambler, and also obviously I think there is a high probability that other people will reduce their trust in the gambler and when people no longer have trust in you then most likely you will have difficulty in life when you need help from them in any case, and this is quite a reasonable reason why people prefer to hide their gambling activities.
390  Economy / Trading Discussion / Re: Trading is not a lifetime job. on: April 16, 2024, 06:11:39 PM
Basically, I agree that trading is not a lifetime job, because trading has a lot of risks. I also suggest for people who want to try to focus on trading to have other income, whether from work or business. However, when you are successful in trading, don't forget to develop the business you have, or build a business to earn other income. I think that trading is not suitable as a job for life, but it can be an income that can encourage us to achieve financial freedom by using profits from trading to support the businesses we have which is suitable as a job for life

True, it is always recommended to have a main job when you are involved in trading, which when you have a main job and do not make trading your main income then you will not have problems in terms of making ends meet that cannot be tolerated because you have a definite income from the main job. And as we know that trading has risks where the worst thing and what is feared is that maybe you will experience problems in terms of making ends meet when making trading as the main income, the reason is because as I said above that basic needs can never be tolerated while trading will not always be able to give you profits because of the possible risks that can occur at any time.

The right approach and the right mindset is to make trading a part-time job that is useful to supplement your income from the main job, and even if for example you manage to become a fairly professional trader by always being able to make a profit or when you are already in a situation where your profits are greater than losses then I think at that time you can think of a new plan, you can quit your main job but on the other hand you also have to build another place that can provide you with income such as maybe a business or other things that can provide a fairly certain profit.
391  Economy / Gambling discussion / Re: Gambling Management on: April 15, 2024, 05:01:37 PM

This method is also quite safe, but it does not guarantee a consistent bet amount for each game. Because most of the money you win will be less than the amount you bet, right? For example, if you bet 10 coins, you win 8 coins, and use those 8 coins to bet on the next bet, then clearly the amount you bet in the 2nd game is not equal to the 1st game, so the bet amount will be inconsistent, it will be difficult to control the account later.

I think you should not care too much about the amount of money you have won, just focus on maintaining a consistent betting amount. After a certain period of time, it could be a week or a month, you should summarize it once to find out what your win/loss ratio is. From that result, you can adjust your bet amount to be more reasonable on the next week or month.
Everything will have risk so we must knows how to minimize the risk of losing. If he thinks that he can used that way, he can still used it but he must discipline with that way and not increase his budgets or his bets. Maybe he can used small bets in every bet he placed and do that every time he wants playing gambling with a certain budgets. He must follows his own rules and limits his budgets so he will not used more money to playing gambling. He must remember that playing gambling can makes him used more money and his job is prevents that happens or he will regret it when he lose all of his money. We must overcome the losses that may happen and only with limitation that we can do to avoids a big lose. He doesn't have to thinks about grow his money from gambling because that's difficult and not many people can make money from gambling.

Yes, especially if it involves money or that means especially if something you do involves your money, plus as we know, gambling has risks where the level of risk can sometimes be very large when someone cannot control themselves in gambling. On the other hand, of course, as you said, discipline must really be applied to gambling involvement, apart from that we also must not ignore other aspects which are no less important, such as control and placing limits on two things, namely time and budget.

Because there are only a few things that can keep us from avoiding the bad possibilities that exist in gambling such as losing larger amounts, and the other thing is that we really have to be able to maintain our awareness of understanding the concept of gambling, or that means we have to always remember that gambling can lose everything we have when we try to do something that is too careless and risky, and by having a good level of awareness then I am sure you will not be careless in making every decision, such as always keeping a small amount or always limiting the time for gamble. Gambling is not a place to make money because there is absolutely nothing that can guarantee you will always win, therefore it is better for us to prioritize things that can prevent us from worse possibilities.
392  Economy / Gambling discussion / Re: Does it looks responsible as woman telling husband you gamble? on: April 15, 2024, 04:40:27 PM
That is very true what you say, whenever a relationship or anything else that involves two people, if it is based on lies, then things will never work well, because a person who is used to cheating or something like that, it is difficult for another person to do it. will take it in a good way, no one likes to be deceived, sometimes we as human beings are used to the hypocrisy of hearing what we want to hear and that is full of the world, even in the forum, only those who are authentic and say what What is or the truth because others consider him rebellious or irreverent, but since he is who he is, he is not afraid of anything, so this is what we must see, in a relationship whether we like or not the tastes of the other person, the couple. You must agree with what they do, with what they feel, otherwise everything will be a deception, there can be no deception, especially when it comes to money.
We do know that there's no secret that cant really be hidden up forever on which it would really be better that you should really be that open as much as possible with your partners specially when you are already that married because we know that once trust is broken then it would really be so hard on taking it back to its original. Also, it is really that too stressful on hiding up something away from your partner or on which having that sense on having no freedom because you are really that trying to hide something and since you dont like on getting caught then you would really be having that kind of
hiding and keeping it as a secret not until on the time that you would really be getting caught. Its always better to tell up the truth and it would be always better that you should be telling everything as much as you could or being that transparent.

Family relationships will be more harmonious when everything runs with full openness, in any case between the two parties, between you and your husband, and of course keeping things a secret from your partner is something that is not recommended because after all, they are our life partners who will always be accompany us until death do us part, and in addition I am sure that if you hide something from your partner then one day this will only trigger problems between you and your partner which, as you mentioned above, most likely your partner will not trust you again.

Even though basically, maybe you are a typical responsible gambler who can manage and control your gambling activities well and safely, but still the problem is keeping something secret from your partner, which can reduce the level of trust and possibly disrupt harmonious relationships in your relationship. family. So don't think that if you are a responsible gambler then you don't tell your husband, because maybe your husband has a different point of view towards gambling, maybe he will assume that even though you can maintain your involvement in gambling well, it's still a thing. The risk of losing money is a definite thing, and in fact this will only result in a number of unnecessary losses, however there are still quite a lot of other entertainments that you can do without any possible risk of loss.
393  Economy / Gambling discussion / Re: Do you believe in gambling experts predictions? on: April 15, 2024, 04:22:59 PM
To be honest, overall and by using a healthy mindset along with a rational way of thinking, I really don't trust experts when it comes to predictions, there is no reason I can trust them if we talk about betting activities, because it is clear what betting is. meaning that the result at the end of the session is always about the possibility of two things, namely the chance of winning or losing, winning is nothing more than a chance and losing is a certainty while on the other hand there is absolutely no certainty or guarantee whatsoever for anyone to be able to win in that session.

Logically, if for example those who are called experts can really win then why don't they do it themselves? why should you sell your predictions to other people by asking for payment? while on the other hand they have a lot of time to follow a lot of bets and then get a lot of wins with the accurate skills and strategies they have, of course with this alone I think we can get the answer that in gambling there is no such thing as an expert who can lead us to a sure win, I wouldn't believe that for example they could really give you a sure win, and maybe I would say that no matter how good your or the experts' skills are, it can only increase your chances of winning and not ensure or guarantee that you will be right. - really can win.
394  Economy / Gambling / Re: My betting strategies on: April 15, 2024, 04:00:14 PM
I think that in some moment every gambler thinks he has developed a strategy that helps him to get winnings or at least to minimize losses. That is usualy in good moments when bettings go well.
But actually at the end it turns put that it has nothing to do with strategy but just good luck and a bit of experience but rainy days need to come
Once you've get obsessed with big winnings and focused only on so called strategies gambling losses its charm and might become dangerous for you.

It's true that it could be, but in my opinion the gambler will not be able to know in detail about the development of their strategy or what it means to change their strategy, and maybe they only use the results of winning as a reference that yes their strategy is now starting to get better, but this is gambling that This means that maybe the victory came because they were in a lucky situation or luck came at the right time and not because their strategy was getting better.

You have also said above that in fact strategy has nothing to do with the results of gambling, but only luck that comes at the right time, I can believe this if in fact as long as I have known gambling to be honest I have never seen or heard that there is There is no particular strategy that can lead you to victory consistently. However, gambling is always about winning or losing, simply put, if you don't win it means you lose. But the strange thing is that there are always gamblers who put their trust in certain methods such as strategies or patterns, I'm very tired of hearing about it because in the end, if it's time to lose, you lose.
395  Economy / Gambling / Re: Guide for newcomers Start a fun and profitable gambling entertainment journey o on: April 15, 2024, 03:40:28 PM
The percentage of winners in gambling is very low, those who think they will win first have very low intelligence and tend to get addicted to the high leverage. Gambling depends on luck and betting is not possible without proper skill. Gamblers need to do proper research before taking the plunge. If money is at stake it is better to refrain from placing bets. Very few gamblers go positive in gambling. Bad situations make victims more.

Yes, that is a basic fact about gambling regarding the percentage chance of winning being smaller than the chance of losing, and this is also the reason why every gambler is advised not to overdo it in their gambling activities, none other than because it is clear that it is very likely that you will only wasting more money than you can afford to lose when you try to treat gambling excessively or in the wrong way.

Someone who thinks they will be able to win is someone who comes with a low level of understanding about gambling, they think achieving victory is as easy as turning the palm of their hand, even though it is clear that possibility is something that is uncertain and what's more, as you said above above that the winning percentage is much smaller than the possible losses, and that is natural because gambling is a business for casinos that will benefit them especially when more gamblers are excessive.

So far I still believe and believe that gambling depends on luck regarding the results, and the reason is because of course as I said above that winning is nothing more than a "possibility" which means there is no certainty and there is no guarantee whatsoever of being able to win so of course this is why we say the results of gambling always refer to luck, and if we talk about skill then I'm sure it's sports betting where you can combine skill and luck to get the results you expect, but of course getting luck is not it's easy and you never know when luck will come.
396  Economy / Trading Discussion / Re: New trader's must remember it. on: April 15, 2024, 03:21:26 PM
Do you drive a car on road directly without learning how to drive? No right? Similar case with trading also. If you trade without proper knowledge then, you won’t get any profits. Trading takes lot of patience and dedication. Hence, if you want to make profit in the trading market as a beginner, then you need to master the art of patience. Try learning the theoretical things first, then do trading on demo balance. At last trade with the amount that you can really afford to lose.

Yes, this is carelessness that should be avoided because after all trading is an activity that can be very risky when you treat it in the wrong way, understanding and knowledge are always very important because this will be the basis for the decisions we will make later, and if for example, you come with the intention and purpose of making a profit while on the other hand you don't know at all how to trade and what things have to be done, then yes, it's clear as you say, which is the same as driving a car without knowing how to drive it, which in turn In the end, you will most likely get hurt.

In any case, if it concerns or involves money, there will always be risks that may arise, such as in trading where all traders have the same opportunity in terms of profit opportunities but on the other hand they also have the same possibility of experiencing losses, and it is clear when you don't have any knowledge or insight at all because you don't want to first dedicate yourself to lots of lessons, so obviously in the end you will just waste your money. Moreover, you can get a lot of information from several sources about what steps beginner traders should take, you can get it on the internet and it's free as long as you want and my advice is don't put too much hope in profits if for example you don't have any knowledge at all.
397  Economy / Gambling discussion / Re: Has this ever happened to you as a gambler? on: April 15, 2024, 03:01:42 PM
As long as we still like gambling and placing bets, there is always the possibility that we could get addicted. And although the final outcome of gambling is full of uncertainty and unreliability, because gambling is full of surprises, many people are willing to spend their money, leave their jobs and also ignore their obligations in order to find these surprises and make a profit. However, because the final result of gambling is very difficult to predict with certainty and we never know when luck will strike. Many people without realizing it have experienced many losses and become addicted just because they are waiting for luck that never comes. They have lost a lot of money due to the gambling they do and the bets they place, and if they decide to stop these activities, then the losses they experienced previously will never be replaced, so they continue their gambling activities even if they have to take out loans or sell goods. personal items, because who knows, in the next gambling and betting session, victory and luck will be on his side.

Unfortunately, this is how it works. A casino is a place that shows the essence of a person like a mirror, and everyone can learn a lot of new and unpleasant things about themselves. That's why I always remember about addiction and advise my friends not to get too carried away. But at the same time, those who are weak in character easily become addicted and at the same time pervert even more. Become thieves. I'm not saying that this happens to everyone, but unfortunately it happens, and we all know many such cases. And every such case of problematic addiction is a broken family. After all, everyone has a wife, mother, and brothers.

The point is that gambling must always be done based on common sense, a rational attitude and maintaining awareness, everything will most likely remain fine if for example we are able to manage and control gambling or whatever activity we do, and of course you have thoughts. a good one where you always message or remind other people, especially your friends, about the bad phase of addiction in gambling, where everyone has the same chance of ending up in that situation. Because on the other hand, gambling can be very entertaining and can also be very exciting and there are quite a few gamblers who end up getting carried away because of the many things that look tempting or tempting so that in the end they fall into it and gamble on the following path in the wrong way, all of that is very possible to happen when you start not being able to maintain consciousness while you are running a session and I think all gamblers have the same chance of experiencing this. Therefore, we are always advised to exercise full caution and vigilance and always maintain a level of awareness so that we are not easily trapped and carried away by the current.
398  Economy / Gambling discussion / Re: Why do some people hide to gamble on: April 15, 2024, 02:40:28 PM
Anyone who tells you otherwise is selling something. I've seen this business's underbelly and its effects. People dont enjoy talking about it because its shameful. Not rules or laws, but the mess it makes of life. It splits families.

I understand the thrill and risk, but gambling is different. It entices you to chase losses at all costs. I've seen people with everything lose toss it away. Not weakness, but an industry created to exploit you. So dont assume Im criticizing or doing something grand. I detest seeing people harmed when its avoidable.
because what society sees about gambling has a bad impact. we have seen it happen to our neighbors, friends, or family. or even we have experienced it.
Those of us who try to be careful in gambling do not publish any of our gambling activities as much as possible. Even in the family environment, we don't publish it as much as possible. But the risk is not to bother other people with your gambling problem.
When you gamble responsibly, all risks can be controlled.

It's true, maybe it's because of the bad effects that most people prefer to hide their gambling activities, they are afraid that other people will have a bad view of them, because yes, as we know, the bad effects of gambling, such as addiction, can have a very bad impact and can sometimes involve many people, because of these bad impacts, people will definitely stay away from people who are involved in gambling and this is a problem that causes estrangement with other people, even though for example they are people who are quite close to us. Someone who is involved in gambling will most likely be looked at badly by the people around him, even though, for example, you are actually a fairly responsible gambler who can manage and control your gambling activities well, but still people will only see things at a glance from the outside. So for myself, to be honest, I prefer to hide my gambling involvement from other people, including family, but maybe the risk is that when we experience problems as a result of gambling, maybe we will have quite a hard time seeking help because if we seek help from other people it's the same. we tell them we are gamblers.
399  Economy / Trading Discussion / Re: Trading is not a lifetime job. on: April 15, 2024, 02:20:27 PM
Because they are in an uncertain position, traders will not unilaterally make trading activities a lifelong job. In this position I will side with your thoughts.
Trading requires a lot of focus in many sectors not only the time spent but also the risk of losing money.
The trader's ability must be above average, at least aware of the types of fraud if he chooses the wrong coin to be traded.

If their situation continues with no success, then trading is not a job that will be done forever, even though some traders only use trading as an attempt to earn additional income outside of their main job.
Instead of trading, buy coins on an exchange and store them in a wallet.

Yes and I think in common sense trading is not an activity or is not recommended to be used as a lifelong job activity which means you depend for all your living needs on the results of trading, one of the reasons is because we cannot ignore the aspect of possible risks that are not can never be tolerated in trading, plus on the other hand in trading there is absolutely no strategy that is 100% accurate to be able to generate profits, maybe the highest is only 85% which means the rest is the possibility of losses, and this is why most people will not make trading a lifelong job because it is too risky.

On the other hand, as you said, as traders we are obliged to learn many things which can take a lot of time which is very draining in the learning stage, not only sacrificing time but we also have the possibility of losing an amount of money which could be quite large, so of course The reason is because trading is too risky to be used as a job that provides main income to meet life's needs, and as you said, this profession can only be used as additional income.
400  Economy / Economics / Re: Poor people need solution now on: April 15, 2024, 02:01:26 PM
People live in poverty in several categories. Some may be poor working in agriculture, some may be poor as day laborers and some may be poor working in other occupations. Farmers are not only poor but there are many working people who get a small amount of salary and with which they cannot fully run their family, they must be considered under the category of poverty. Those who are involved in agriculture and have land are not really poor because if they work hard on the land they will get crops and those who have enough crops to eat for the whole year are poor at all. But those who have no land and whose daily income is very limited are poor and they have to try to come out of this poverty. In this case, such a person can remove his own poverty by cultivating other people's land. Poverty is bound to come so don't despair to try how to eliminate that poverty.

The point is that the category of poor is when someone is in a low financial level, no matter what their occupation is and regardless of their background, whether they are a farmer or a laborer or who works in any field, the point is that poor is when you are in a low financial level that makes it difficult for you to meet your needs and also when you have difficulty keeping up with the times, this is not a solution but a condition in various categories.

And if we talk about solutions to get out of poverty then of course there are many things that can be done that they can reach and that they can take advantage of, everyone has the opportunity but not everyone can take advantage of it well and it is also not uncommon that there are always people who are stuck in the comfort zone and that is because they do not want to step up or are too afraid to take action because they may have a high level of worry.
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