i am prefer to gambling than invest because if gambling we can lose or win on our way
if investment we cant full control it we will regret if we lose profit because investment by other persons
You have more control in investment than in gambling. With gambling you just press a button and hope that you have a good luck and win. But in investment, you are the one deciding where to put your money. You analyze the company you are investing. So you know if your investment are well taken care of and will be profitable. |
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yes, sometimes i do gambling and trading alt coins using btc..  I guess only people with extra money would prefer buying bitcoins and then gambling them because mostly people come to bitcoin to earn some more money because they need extra cash so if someone can gamble the amount he buys he probably does not need more money but already has extra money. Maybe they are big time gamblers or high rollers and do not want to be checked by their government so they use bitcoin to gamble away their money. If they are like that, it is okay because they are making bitcoin stronger when they purchase bitcoin. It is beneficial to us, bitcoin earners. |
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I suggest you to find another hobby, so that way you can have fun and fill your time with it. So hopefully you will forget about gambling. Good luck with that.
Correct, if we want change the way than should choice the other way, I saw most of the people want to left the gambling, so it is best, choice the way where you have interest like games and hobbies. And also change your life style than of course you have litter bit feel about it, thats all work and help you to stay away from gambling. It should start from a certain gambler, he needs to accept that gambling does not bring good to him and he has no chance to win and make money in gambling. Thinking that gambling is a very risky game will force a person to change and focus on our productive activities that would help him forget gambling. Nothing can be done if there is no desire for the gambler to quit gambling. Only strong desire can make a person quit an addiction like gambling. It starts from the desire, then the person will not hesitate to seek help from people near him like his friends and relatives. Also, if those are not enough, he can seek help from professionals. |
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I would really disagree if gambling is also a source of income which is somewhat impossible but there are some people who always say that and maybe they are lucky enough to sustain on playing gambling since its high risk on losing your money.
I also read some telling he know a trick to constantly win on gambling. But he was just promoting his referral link. If you got interested, he will ask you to join his referral before you can get the trick. Gambling should only be for entertainment and should not be your source of income. It is too unreliable to be a source of income because your winnings are based on luck. It will definitely wreck your life if you do that. But if only for entertainment, it can be done. Just do not overdo it or you will risk yourself being addicted to it. |
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Both are risky, but trading certainly is not gambling. Trading is safer, when prices fall, it almost always rises again sometime, and your chances are increased with strategy, while gambling depends on luck.
But I don't agree with your statement that if prices fall, then they will go back because you can check many stocks which have come down to almost nill and finally companies are closed. Also if you see bitcoins prices were 1200 and until now still we never reach near to that price level so trading is also very risky if you don't take action on right time. Of course that thing happens too. There will always be risk but those risks can be managed. If all you want is sit and press some button, and pray you have more money, then gambling is what you want. In trading, you must constantly watch the market and study their movements and do whatever action is required. You will not just sit and wait for the money to come in. It still requires some work but it is worth the work and the while. |
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If I were rich, I would make one crazy highroll session and never return again, there are much more better ways to spend excess money, like charity or donations on some projects you'd like to see, or you can support your favorite artists. I think those things would mean much more than gambling for most people.
i don't believe it , i dont believe if you once make a high bet and lost it you would never return to do the same thing again. the moment when you lost would recorded forever in your mind and it's push and motivate you to make your money back but instead your money back you just losing more money , it's actually a mistake that usually made by a new gambler. just never gamble when you rich . Yeah, he is right. It is hard to ignore losses and it will stick in your mind especially if it is a high roll. You will always think to go and try to win back your loss. And that may lead to another loss until you are left with nothing. Personally, if I am rich already, I will not gamble anymore. It will just jeopardize my wealth. I will find another way to entertain me. |
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I think its hard for you to quit gambling because your been already addicted to it how ever we can make profit monthly or daily where we can use it to buy thingz that we need on shop and if you want to quit smoking start not to smoke everyday everything will bw gonna orayt all is well and keep trusting o n your self
but although it was very difficult, for sure there is always a way out to get out of gambling, even if you're so hooked. but, it can not you do it fast, in fact it may be you do with a very slow way. perhaps by finding a new hobby, because it is the only way that good, so maybe you have to ride around in your town to find a new hobby such as playing basketball or other sports The more addicted you are to gambling, the more time you need to adjust and get out of it. Bad habits need more time to undo, so as with gambling. It just takes patience and the dedication to quit gambling. And of course with help from friends and professionals (if needed) can make the process faster. |
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Depends on how risky those investments are. If you're in low a risk investment (i.e. low risk shares) then you can afford to differentiate less as it's less likely that they'll fall rapidly in value. Nonetheless, it's still always a good idea to invest in different financial instruments as well as different businesses - having an investment in the housing market will insulate you from a falling share market for example.
Low risk investments only gain low interests. It grows slowly but at least it gives you passive income. It is better than nothing at all. If you can take higher risk investments like equity, then it is better. But I advise that higher risk investments should be for long term investments so that you will not be afraid of it falling down price sometimes. It is like bitcoin, sometimes the price drops, But if you are invested for long term, you know the price will bounce back and will be higher in the future. |
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it's weird, but somehow bitfinex is gaining back trust in the market as once again it started initiating a pump where china followed with a massive green candle. take a look at the charts and you will know what i am talking about.
Even before the hack, when there was problem with their websites, I withdrawn my bitcoin from them already. It was almost I know something bad might happen. Then the hack happen. SO i too do not understand how some people still trust these online exchanges. Maybe they are taking their chances. IT is their money, so they can put it wherever they want. |
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12 hours ago (before I go to sleep) , the price was something like 575$ If I remember right , I woke up and found it 600$ (using preev.com rates) .
What could cause this price increase ? I checked some news websites and I couldn't find any obvious reasons , the only thing I read and I found interesting is Bitfinex paying their customers back from the HACK but I'm pretty sure It has nothing to do with the increase.
Why not? Bitfinex hack was main reason we had that price crash in the first placa. So it seems only logical than market will react positively at every sign of them recovering. And if we apply you logic, then most bitcoin price shifts is caused by 'pure manipulation' as speculation is the nature of the game with every crypto. Ya it is true but when the bitfinex hack news came the crash was $150 difference if i am not wrong, and now when the news came of they are paying back , then the price should be around above $675+ but right now the price is only $632 so i think their is no connection between this news and the price increase. As per my view it may be like some big players are started to buy so that may be the price increase rate. No matter what reason on the price increase of bitcoin its still a good thing to us since we like it that the price increases which really give us good profits. Maybe those news that bitfinex pay their investors somewhat affect on the price because for sure those investors of that site bought bitcoin. Yeah, it does not matter what caused the price hike right now. Those who bought bitcoin when it crashed after the hack can now rake in some profits. And if you are one of them, you are very happy. Unless you are greedy and still wants some more profit. And those receiving bitcoin from signature campaigns have more money when they receive their pay. It is a win for those who manipulated it (if it was manipulated) and for those bitcoin traders and salary earners. |
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Why would the average joe start questioning what money is? They use it, and that's it. 90% of the people don't think even think a second about what it is and what the effect might be on the very long term. And another thing, if you tell people to use Bitcoin instead of fiat, then they come up with the simple answer of; Why should I purchase something (Bitcoin) first, in order to spend it, while I can directly buy things with fiat?
Yeah, unless they are receiving bitcoin as salary or they have invested on bitcoin before, then it is hard to contemplate that they will use it if they have to purchase it first. So we need more employers and merchandisers adopting to bitcoin first before the regular joe sees that they have an option other than fiat. If they have an option to receive salary in form of bitcoin, then maybe they can switch from fiat to bitcoin. |
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It's really hard to tell, $1000 is obviosly really high enough to reach in that amount of time. You maybe right but we are not sure of that. But better investment is long term investment.
YEah, even without the bitfinex hack happening, I do not think we will reach 1000$ price this soon. AFTER the hype of halving, the price is due to go down then work its way back up. It will go up to 1000$ level but maybe in a few more years, not this year. |
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I hope that the value of the Bitcoin is going to be $1200 soon because I really want to sell some of my Bitcoin to make some extra money.
It has been a while sins the last time that I have made some money with Bitcoin.
If the price reach 1200 this year, then consider it as a bubble and everyone will be selling, causing the price to come down again to 600 below. Well, you should grab that opportunity to sell but until then it is still time to collect bitcoin and hold. I do not think it can reach that price this year but anything can happen in bitcoin. |
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Gambling is actually not wrong if you gamble only for fun and do not spend to much or play to much. As we all know that all too much would always be not good.
Yup I agree. Because for me gambling is bad depend of a person who play this kind of activity. If you are out of control then you should not continue playing this but if you know how to handle everything I guess it's fine for you to play. It's hard to handle it when you're losing. Very hard, because you want to get the money you just lost back. That is true, but when you feel that you really don't have luck, it is better to stop or stay away in gambling immediately for you to not lose more money. I hope that is the scenario all the time but most gamblers does not stop when they experience loses and they will only stop when they ran out of money. Really hard to control ourselves in gambling because of the mix emotion that we are going to experience. Disciplined gamblers will know when to stop betting. If you let greed control you, you will truly not stop gambling even if you are on a losing streak. It happened to me. I always think that the next roll will win and cover all my losses of the day. But it never did. That is why I thought gambling is wrong. It will make you think you can win but it does not let you. |
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Will Derrick Rose be somewhat like prime rose this season? You know he felt some type of way when Chicago dissed him.
I think he's motivated to be on that superstar level like he was before. What you think guys?
This season we can see the reborn of derrick rose, he will try to impress the big crowd of knicks as he is in new york now. I believe in his capability and he is very entertaining to watch, let us hope fellas that he will remain healthy throughout the season to see some good action in the east. That is the main issue with d rose, his health. I think he has not yet fully recovered his confidence after that almost 2 years not playing in the NBA because of his injury. And when he came back, I think he is not playing 100% to avoid getting injured again. I hope all these will change in knicks. |
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I think because of money the gambling is so addicting. Yes everyone one loves money, if it is coming easily without any risk means all people will try once. But in gambling making money is very tough. In the beginning, we just start to play. End of the day we lose our money, and we play again to get our lose back. This will repeat every day. Like this people will addict to this gambling.
People actually get addicted of gambling when they win something at first, later on for trying to win more they lose even a lot but still they don't stop because they got the taste of greed after winning at first. And that is really the major problem when it comes in gambling, they cannot control their greediness when they win once. Most of the time gamblers really want to earn money but I know that there is also people out just that just gamble for an entertainment. There are people who gambles purely for fun but the most disturbing is the majority of the gamblers are into gambling for the sole intention of making money that is why the gambling industry is so profitable and they have been making money more and more with the advent of bitcoin gambling. But instead of making money, they end up losing all of them. Even if you want to control your losses, once you are there betting and your addiction kicks in, you will never be able to control your gambling even if you know you are already losing. |
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I will focus more in the bitcoin world that in my full time job in physical world because the opportunity in the real world is very limited and there are a lot of competition and politics especially when you are working in the government, here in crypto world the opportunity is equal and those who work smart and hard will be rewarded.
I do not see any difference in working on physical world and in bitcoin. Both have high competition and can have politics. If you do not work hard and smart in bitcoin, you will not get anywhere. The same with fiat. The same principles apply in both world if you want to get rich. Work hard and smart, save money and invest when you have enough. Just repeat this steps over and over and I think you will get rich soon. |
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For a rare and really good opportunity, I would give a try. But if the risk was very high and the level of instability was beyond acceptable, I surely would not accept it.
make some huge assessment before trying if you can see that your earnings coming from your bitcoin activity can sustained your daily needs you can try it but if not don't risk on it just continue and keep it as it is, much better to have both and secure than giving up your stable job and being sorry. right now, I think no need to quit your job... We are still at our young age and we should practice our profession.. Our studies will turn to waste if would just set it aside just because we like to collect and earn bitcoin...Don't forget that when you quit your job and been sitting for a year or more, for sure you will have a hard time applying for a new job if you fail in bitcoin...  Youth has the advantage of time. You can invest on bitcoin while you are young, because even if you fail, you still have time to recover your loss. If you are old, it will be more riskier. Having a profession is good, but it is not enough to have financial freedom. Having a business, either in bitcoin or fiat, offers you more chance for it. |
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Saving money is investment i think ,you are investing in stability of the currency, to trust of your bank and you just believe that tomorrow you will be able same amount of goods as today.
Saving cannot be considered the same as investing, because with investing, you are expecting a return on your investment, or you are making your money grow. With saving, you are basically just accumulating money that will be subject to inflation. Money that is idle cannot be considered investment because it is not generating any kind of profit or return. I would like to look at you when all your investments fail andyou became in minus. With saving it can't happen something like this. Your savings are just grow and you take minimal risk and can live calm. So for me saving looks more saved and profitable than investment. Saving is safe and secure but it does not provide a good opportunity to grow your money. Even if you put it in a bank, it will just earn a few percentage in interest that is not even enough to cover inflation rate. So, if what you do is just save, you will lose the value of your money over time due to inflation.Investments can be risky but if gives you a better chance to become rich. |
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If you want to save money, my advice is keep your bitcoin in your btc wallet, never get bitcoin to use in gambling,hyip, everytime you get btc from signature campaign, faucet, or any other ways, send it to your btc wallet, that way in the future you will see your accumulated btc and you will be surprised.
Well, you will be safe with that practice as you will not lose in gambling but I do not think you can grow your bitcoin easily. You also have to involve in short term investment like investing in a gambling sites but not gambling at all as a player. Unless you have a job that pay large amount of bitcoin, it will take a long time before you can have significant amount of bitcoin that way. Though it really is safe if you just store your bitcoin and never spend it. That is the purpose of savings, slowly build your money. But if you want to make the process faster, save and invest. But there are risk involve if you invest. If you can take the risk, it is a faster way to have a good amount of bitcoin saved. |
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