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3801  Economy / Gambling discussion / Re: Do you blame someone for your gambling losses? on: May 01, 2023, 03:02:50 AM
Nothing good can be expected from an addicted gambler. Moreover, if a minor is addicted to gambling, it may be due to the carelessness of his parents. But only KYC cannot provide any solution in this regard. Because nowadays many people can complete KYC with their parents' documents. Here, in case of minor, father and mother should take adequate care. And if he is an adult then if he does not try to protect himself from that addiction then it is not possible to bring that gambler back to the right path by others.

An addict must be willing to stop gambling himself or to reduce his gambling time by himself before any external body can step in to help him get his desire goals. Going to force those goals on a gambler that's addicted without his approving is a waste if time.

First he has to subconsciously agree and then everything will move smoothly, addicts are very depress and can do unthinkable things just to get what they want. They can buy KYC from online to get access to the gambling sites, we don't have to blame their parents.

As a parent, you just have to do the best they can do in training their children and it's left for the children to choose the path that they'll follow. As a parents you can't do it all which is why you need the help of others to help with your children training.
3802  Economy / Gambling discussion / Re: I am only trying to stay safe by gambling less on: May 01, 2023, 02:51:02 AM
One sentence in your comment that I really like is that gambling is totally about luck. If luck favors you will get profit and if luck doesn't favor you will face loss. But Bitcoin investment is completely different because if you save the digits by investing in Bitcoin, it will give you huge profits in the future but you may not face losses.

Gambling and Bitcoin investment aren't the same the same thing so it's surprising to see the two get compared together, gambling is all about luck as you have said and I think that's an established fact that anybody gambling is just relying on his luck to win.

No gambler can say he has a verified way of playing that whenever he palys that way, he'll wins and if another person was to play exactly as he does that the person will win too. Gambling is just luck and each gamblers has a day when they'll be very lucky.

Gambling isn't a bad thing to do but as you gamble, don't get addicted. It's when you get addicted that it becomes a bad thing since addiction can make you do unthinkable things and also never use money that was meant for something else to gamble.
3803  Economy / Gambling discussion / Re: The psychology of betting..... on: April 30, 2023, 05:55:27 AM
As humans, we are conditioned to look for patterns in life and we gamblers try to make predictions based on what we see, while we are gambling. The reality is that these patterns does not exist, but we like to pretend that they do because it helps us to bring order to the chaos that are gambling.  Roll Eyes

I don't believe they don't exist, there's lots of spiritual energy in the world and they all have their role to play. Just like we had lucky socks when we were younger and it gave us confidence when we were about carrying out an activity like sport.

That's the same way this beliefs help us in life, even though they're not true as you said but they give us hope and with hope you can achieve many things in life. For example when playing the slots game, I go with manual spin and it works for me.

If I try spinning on automatic mode, I won't win any of the spin and would just have wasted all my money or in a situation when I win, the payout will be small when compared to when I spin manually and that's how I play when I want to win.
3804  Economy / Gambling discussion / Re: I am only trying to stay safe by gambling less on: April 30, 2023, 05:32:20 AM
Gambling and Bitcoin investing are completely different things. When a person loses gambling, that person never gets his lost money back. But whenever a person takes a loss by investing in Bitcoin there is a time when that person can expect to recover the loss. And investing in Bitcoin can be highly guaranteed to recover from losses. So the thinking of your friends is completely wrong. Your friends may have got some winnings at present due to which they are more addicted to gambling. You become less addicted to gambling by holding on to Bitcoin investments. At some point your friends will be around you to prove that gambling is really different from investing.

Bitcoin losses can only be recovered if the person that invested doesn't sell, if the users sell then they'll be in lost. Bitcoin investing isn't gambling as more than one individual cam use the same strategy and get get same returns but in gambling it's no guarantee.

If you DCA and your friends does the same then both of you hold until the price reaches a new higher price than you both bought, that means you both made profits but with gambling it totally depends on how lucky you and your friend are.

Gambling less is a good strategy to overcome addiction or not get addicted to gambling because it's very addictive. You have to look for other things to do to take you time so you won't have much free time to be thinking about going to gamble.
3805  Economy / Gambling discussion / Re: Never Expect Consistent Winnings From Gambling - A Lesson I Learnt. on: April 29, 2023, 05:20:55 AM
Gambling is not a business, and neither should you ever take it as a day job, in reference to this thread - it is likely impossible to make a consistent winning from gambling, there are day you win, even much more than $100, and there are days you will lose it all, to make a consistent $100 or more every day in gambling is a mirage, wishful thinking that might never happen..

You can never have a consistent winning when gambling, it's impossible since gambling is based on just luck and there isn't any proven way to keep on winning. If you want to have consistent earnings then you have to get yourself involved in other things.

Those things has to be associated with gambling and it could be in form of commission from referrals or direct payments for the promotion of the casino to others and that's the only way you can get a constant income coming In from casino.

You can never be consistent although you can still be profiting when you check the profits you have means and your expense and that's what make you a professional gamblers because of your good track record of been profitable.
3806  Economy / Gambling discussion / Re: Why we should play on minor gambling platform? on: April 29, 2023, 05:08:44 AM
Some smaller platforms might have unique games you won't see elsewhere, communities more suited for the kind of person you are. Or more personalized service.

Smaller platforms put more work in their customer service and that's why many people get attracted to them, they're new so they'll be looking for ways to get people to use their casinos, which will make them very nice in attending to their customers.

This behavior make their customers not to suspect a thing when they're using the casinos, they might include games that aren't available on other casino sites and have bonuses that'll attract people and they start preferring to use the casino.

With the customers caught up in all this good experience offerred by the minor sites, then they take advantage of that and scam them, this steps can be repeated again with a new casino and they'll be successful because humans can be easily deceive.
3807  Economy / Gambling discussion / Re: Do you blame someone for your gambling losses? on: April 28, 2023, 11:59:14 PM
The mother and the son after gambling away 5.6 million naira, that is about $8,000. When the reality dawned on them, they gave false information in petition, accusing someone of fraudulently transferring the fund from their Opay account to the sport betting account without their authorization.

Could this be a case of making someone pay for what they didn't eat or a case of double standard.

Both the mother and son are fraudster because they just try to frame someone of stealing their money when they're the one wasting it. They should have just come out clean for gambling the money and losing all, but why will someone lose that amount.

Nigerian families don't make that much money due to the poor condition of their country's economy so why will someone gamble away millions. This people have to be punished severally so others can learn and not go around accusing people wrongly.
.
Gambling should be your personal decision and not to be influence by anyone so you shouldn't be blaming anybody for your losses. If you're still blaming people for your loses when you gamble then you need to stop gambling immediately.
3808  Economy / Gambling discussion / Re: I am only trying to stay safe by gambling less on: April 28, 2023, 11:15:32 PM
I am not a gambling addict but some friends are making me look like one because I gamble less and they gamble more, it all started when we got into an argument that investing in Bitcoin is not the same as gambling, my friends who are gamblers, not full-time but more of a gambler than I am, are claiming that there is no difference between investing and gambling, they said if all you doing is investing money on Bitcoin you are no different to those who are gambling in a casino.

Your friends are very wrong, there's a very big difference between gamblers and investors although we do have people that gamble with their investments and this are different from real investors a d just those people looking for quick riches.

Anybody that doesn't research before they invest or take advise for their investment from random strangers on the internet either form watching youtube or TikTok videos are just gambling as they don't have solid reasos for their investment.

They're just been hopeful and that's how gamblers feel, they aren't sure of profits but only hope they get some when they win, investing gives guarantee of profits provided you have patience but gamblers are quick money seekers so they can't have patience.
3809  Bitcoin / Bitcoin Discussion / Re: What if Satoshi is eventually ID by the government on: April 26, 2023, 05:33:38 AM
A friend of mine was of the opinion that the government cannot put an end to Bitcoin because it unfortunately cannot be traced to a particular person or organization which could be sued for bringing about the currency or Blockchain.
If this is true does it mean that the identification of Satoshi as a person or organization will pose a treat to the existence of Bitcoin or otherwise

It would had pose a threat if satoshi was involved as the face of Bitcoin from the very beginning but since he didn't have anything to do with the adoption of Bitcoin like working as the CEO of the company as we have with most altcoins, then he won't pose as a threat.

The market might just react negatively if his identify get exposed but soon the market will realized his presence has no effect to the growth of the project then the market will recover. Bitcoin has grown beyond one person having control over it, it's a community project.

The death of satoshi, doesn't end the use of Bitcoin unlike with other altcoins that immediately something was to happen to the founder or CEO of the company, price would start dumping since the future of the project is now an uncertainty but with Bitcoin it isn't so.
3810  Bitcoin / Bitcoin Discussion / Re: What will you do with bitcoin? on: April 26, 2023, 05:15:43 AM
Hello guys!
Today I was thinking about Bitcoin and where it will finally go up. And I came to the conclusion that I don't really understand what is the right thing to do with Bitcoin after it will "go to the moon".
So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?

It's a good thing you're asking yourself this questions now as it means you're preparing yourself so you'll know what to do in the future when Bitcoin price increases and not rush into followings the crowd to do what they'll be doing when Bitcoin reaches high price again.

I won't sell because $70k is just a tip of the price that Bitcoin can go, we're looking at a more higher price in the bull season because Bitcoin always increase in a very big way whenever there's a bull market so I'll be looking at prices of $150k.

Before investing, you should know your sell target and what to do with the profits you're making, You can decide to sell some portion of your Bitcoin and do other investment that can be used to bring in steady income when the market is very bad like in the bear market.
3811  Bitcoin / Bitcoin Discussion / Re: Maybe I should wait before owning my bitcoin on: April 26, 2023, 05:03:51 AM
Most probably i think you should wait before owning a bitcoin. Make a research first and study further the market, enhance your skills as well in investing. No one can really tell what will happen to the market if it will go down or if it will goes up. Wait for the market to go downwards and set a target price on your target investment. While waiting you can stake a stable coin so that your funds would earn some percentage while waiting for your target price of bitcoin. Do not be so desperate just keep calm and have more patience.

If you're advising someone to invest in Bitcoin that's a decentralized project, you shouldn't be suggesting they also be investing in a centralized project like stablecoin and asking them to stake it. Stablecoin are not good project to be investing in.

Be careful of the high APY those stablecoin promises when you stake your coins with them either through exchange or their staking platform, they can fail you at anytime or the value of your investment goes to zero because of the collapse of the stablecoin.

Buy Bitcoin, you shouldn't be waiting to buy Bitcoin instead you're meant to buy then wait. You have to ignore the price movement since you're not a trader, your concern should be profiting on the long run.
3812  Economy / Gambling discussion / Re: There are many advantages to the relationship between gambling and Bitcoin. on: April 24, 2023, 06:44:09 AM
Can you tell us another advantage of opening an account in a Bitcoin Sportsbook?

Comfortability has to be the one of the top benefits of using Bitcoin for gambling, with Bitcoin you can easily use fund your account and when I want to withdraw, that's also done easily from the comfort of the house.

You then don't have to be worried about recieving the money since blockchain technology has been made withdraw irreversible. Also the transaction is fast and anonymous as you have said and that makes it very interesting to those was don't want to associate themselves with gambling.

The society serotype people that gamble so many won't want to be associated and if the fiats were been used, it'll be hard to not get associated either through depositing or withdrawals from the casino platforms.
3813  Economy / Gambling discussion / Re: Can i make 100 $ daily from online casinos on: April 24, 2023, 06:34:22 AM
It's been awhile I try daily to make profit

Stake casino mostly mines

But it take back profit.. I have 2k balance.. is there method

To get 100 $ per day

If you mean to be betting daily and expecting a return of $100 then that's impossible, gambling has no guarantee way of making profits. Gambling is just you been lucky and some small skills and experience playing in your favor.

With that you can't expect same result everything you bet. You might redo the same thing you did the last time you made a profit and lose and that's gambling. You can have other activities that you in the casinos that aren't gambling to make a fixed income.

If you're participating in the casino affiliate marketing program in which you introduced the casinos to new members and get a commission then you can get fixed income and be making $100 daily depending on your influencing skills.
3814  Bitcoin / Bitcoin Discussion / Re: Which one is important? Knowledge or Experience? Or both in Bitcoin Learning! on: April 23, 2023, 11:11:42 PM
Knowledge can be of several types such as knowledge from books, knowledge from various online sources, knowledge from friends etc. Knowledge gives a person courage to succeed in that thing. but experience builds a person's confidence in that thing. when someone wants to learn about Bitcoin and he takes the help of someone who has knowledge about Bitcoin then he can learn as much as he can.  If he takes help from an experienced person he can learn more than that.  So I personally think experience is more important than knowledge in trading

Both of them has to be very important and they're both needed for someone to become successful when investing in Bitcoin. Before investing, we have to make ourselves to have knowledge on what we're investing in.

Investing without a knowledge of what we're investing in is just gambling since we're only trying our luck and waiting on the outcome. We have to do our personal research before we invest in Bitcoin and when that is down we get knowledge.

The experience plays its part when we're now involved in the market, by this time we'll need to learn from others experience which prevents us from making mistakes or learn from our very own mistakes and take decision that'll make us successful.
3815  Bitcoin / Bitcoin Discussion / Re: Keep hodling your Bitcoin on: April 23, 2023, 11:03:50 PM
Most recent posts on this forum such as
https://bitcointalk.org/index.php?topic=5449800.0
Seems more like few persons are scared that they may loss to their Bitcoin hodlings due to the recent drops in price of Bitcoin
This is very understandable but as a Bitcoin investor you should know that with the series of price changes Bitcoin has encountered over the years we can say that it rises in value more than it drops .
Therefore I want to urge all my fellow bitcointalkers to not lose interest in holding because of these little drops in price  keep holding your Bitcoin .It will definitely boom soon

That users that made that post most be new to the market because an old users wouldn't make such post. What we are experiencing in the market is just a correction and not a dump yet they're the user is getting scared.

What then would had happened if they were in the market when Bitcoin had dumps that lasted for days, they probably would had sold all their Bitcoin holdings. We only lose when we sell but don't if we keep on holding.

If you sell your Bitcoin now, you have lost as you're selling at the bottom instead of selling at the top when Bitcoin was trading above $60k. It's too late now to sell, just keep on holding and you'll be smiling sooner than you expected.
3816  Economy / Gambling / Re: How does AI gambling sound? on: April 22, 2023, 05:27:36 AM
Do you think that gambling have a place with the metaverse in the future? I had a dream about being able to gamble online with people that aren't living close to me, we meet in the metaverse and it looks real, I know that sometimes when you think positively about something it is possible to dream about it.

Gambling does have a future with metaverse betting which we could say has alot to do with Artificial intelligence which is AI. At the moment we have things like your dream going on in the gaming world and that people from different locations can play virtually,

If games are been played virtually then there can also be bets done virtually that people from different locations can come together to bets on different games. The bets could be in the games they're playing or just logging in to bet against themselves.

There's no limitations to virtual reality which AI is a big part off, we'll see more things we can do with the technology in the future as the metaverse gets fully adopted into our daily lives, the gaming market are been conquered at the moment.
3817  Economy / Gambling discussion / Re: Referral bonuses are waste of time on: April 22, 2023, 05:18:10 AM
In my opinion, I think referral bonuses are typically waste of one's time because of its processes that seems so impossible to claim and recently I came across a thread
https://bitcointalk.org/index.php?topic=5437603.0 seeking for Casinos with paid referral bonuses and I tool out time to read most of the responses there and they all seem impossible to claim referral bonuses.
I wish to know if anyone has successfully claimed referral bonuses and how easy was the process and what Casino did you claim those bonuses

Referral bonuses are enjoyable when you have a very large audience that you can convinced to register using your referral code and bet using the casinos that you are advertising for them to use with your referral codes. If you don't have large audience forget about referrals.

You can't be having just one or two friends and be expecting your referral earnings to be big. I know people who are making it big from referrals, they're influencers and they have very large audiences which they can convince them to move to any gambling sites that they're advertising.

Another thing people forget to consider before embarking on referral bonus is to observe their audience and understand their gambling passion. If your referrals don't gamble regularly then you won't benefits from the referral programs as well.
3818  Economy / Gambling discussion / Re: Live casino over provably fair games. on: April 22, 2023, 05:10:01 AM
I think you are trying to compare Live casino over provably fair games as against your winning and losing experience and based on your post, it appears as if you are also part of your challenge likewise most gamblers experience. So while gambling in whatever form, you have to understand that you are up against your luck and emotions. By the way gambling is meant to be for fun  Grin don't put all your financial hope on it.

Two mistakes gamblers make, first they don't play as fun but instead they want to make money quickly and they get pressure into making mistakes and they lose that particular bets, it doesn't matter whatever game they're playing. It could be live casino games or others.

Second, they don't stop when they're losing, instead they chase after their lost and want to make profits to cover up, they don't realized that when chasing losses they aren't playing with clear eyes and can get easily pressured to make the wrong bets in whatever games they're playing.

If you're losing just stop playing, and come back another day to continue playing. Gambling shouldn't be over done or you can get easily influenced and it turns into an addiction which could take a very long time to get over.
3819  Economy / Economics / Re: Look for what to invest, not what to eat on: April 19, 2023, 08:02:08 PM
No way you will invest in BTC today and you will not have something good to eat because, investment is like a seed planted in a due season to expect something good in the future. Is it a good thing to invest or is good to continue looking for what to eat?
What do you think.

Investing in Bitcoin is the surest way to secure a future for yourself and your family, but there will be no future if you're not alive to witness it tomorrow which is why it's important to take care of yourself today so you can be healthy for tomorrow.

If you haven't eaten, you'll die at some point or come up with disease that'll need money to treat in the future. It doesn't make much sense to make money today just to throw them away tomorrow for treating illnesses. If you haven't eaten, don't invest.

Make sure whatever you're investing isn't what you should be using to take care of yourself and your family. In as much as tomorrow is important, today matters as well. Only invest spare money and if you don't have any, look for means to get them before investing.
3820  Bitcoin / Bitcoin Discussion / Re: The fall of crypto influencers. on: April 19, 2023, 07:53:14 PM
And it's pretty obvious that all these Twitter people post specifically for people who don't have a good knowledge about crypto because most of these posts are just basics and hype.
So what do you think?
Will we finally see the fall of influencers or there still will be enough stupid people to follow their advice?

I don't think we'll see an end to influencers, we'll always have them around the industry since we have social media and projects will need influencers help in shilling their project to their followers and general public for publicity and getting their project to larger audience.

What I think will happen is the reduction in the influencers and we won't be having people listing to them that much, people will soon realize that this influencers are mostly just shilling and not promoting good project so they'll begin losing audience.

Influencing is now a career path that people study so it won't stop existing, newbies are mostly their victims and they believe whatever they see online so this influencers will always have those to deceive but the number will be reduced.
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