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421  Economy / Gambling discussion / Re: Health Benefits of Gambling on: April 12, 2024, 09:55:20 PM
Everything in life has a positive and negative part, but what needs to be considered is that gambling has a more negative effect on health than the positive. That is why many still see that gambling has no health benefits, but it can still have, Gambling can reduce stress, of course, but it can also cause depression. Why I said gambling can reduce stress is because when you win a bet, all your stress will be gone and your mind will be at rest, but when you lose, you won't be happy and you will be more depressed. This is why many will still think that gambling has no use for their health, but it can still have some use, some use, but not for all gamblers because there are many who, even with the win, won't be happy due to the amount of money they have already lost before the win.
When someone gambles excessively of course they will have a bad impact on themselves, especially in terms of finances because it is very difficult to be able to win gambling continuously and we will suffer a lot of losses due to losing the bets we play, those who can win gambling will certainly be able to enjoy the victory and for those who cannot win, of course this will make them have a burden on their minds which will have an impact on their health, for some people who have lost a lot in the gambling they play, of course they will never think about it again and only the victory obtained can they enjoy.

Of course it is true that treating gambling in an excessive way or approach will basically only lead or lead you to a worse situation, I understand that money is everything you most likely what motivates them is a big win so they go overboard, but what we have to understand is that you have to be aware of where you are, this is gambling where isn't winning nothing more than a chance? Of course, while losing is a sure thing when you don't win....

The chance of winning and the risk of losing applies to all gamblers, so with this if for example you manage to win then don't get too happy first because it is very possible for you to lose in the next few sessions, and this is the reason why we are more advised to gamble moderately and reasonably according to your finances, simply put you should only put money with the amount you can afford to be responsible if you lose, and this approach will be useful to minimize your emotions when losing. There is no health benefit in gambling because everyone has the same possibility of losing, and health is possible when you only view gambling as nothing more than an entertainment activity without taking it seriously and expecting to win.
422  Economy / Gambling discussion / Re: The madness of gambling addicts. on: April 12, 2024, 09:19:07 PM

Oh, if it were like this! If it were like you said, I would wholeheartedly support placing slot machines and some other gambling facilities in the poor neighborhoods. But unfortunately  if you are uneducated, more often than not, it's never enough for you to win couple of dollars. You want to win really a lot, thinking that big money can bring you happiness, and thus you risk a lot, and often you lose it. Maybe it wouldn't look like a big amount for a rich person, but for you it's all you have.

It’s great to think about providing entertainment options like gambling in poorer neighborhoods as a way to offer equal recreational opportunities. Gambling can indeed be thrilling and serve as a leisure activity when managed responsibly. However, it’s also crucial to ensure that such facilities don’t lead to financial distress for individuals who might already be vulnerable. Striking a balance by implementing safeguards, like betting limits and financial education, can help ensure that gambling remains a source of fun without becoming a financial burden. This way, we can maintain the positive aspects of gambling as entertainment while protecting those most at risk.

Although I quite agree with your idea of taking some precautions for the sake of safety and also to help people experience the positive benefits of gambling which is fun but I think overall providing gambling entertainment to the poor or anyone else is too risky an idea, the logic is that if there are enough other forms of entertainment that can be chosen to be provided then why should it be gambling? I'm sure we all know about the worst risks involved in gambling, therefore it is not the right idea to provide entertainment that is full of risks to others.

What concerns me is the concern that if they don't follow through on some of the things that lead to prevention that the end result can be very fatal which is very possible for them to become addicted because in gambling the aspect of entertainment and fun can turn into stress and tension which can change a person's mind, so basically providing a form of entertainment such as gambling to others is like you are taking someone to the edge of the cliff.
423  Economy / Gambling discussion / Re: Have you ever done something crazy to bet? on: April 12, 2024, 09:00:18 PM

Timing does matter. If you look at the example I gave, you will see how it matters. If you gamble immediately after a loss, thinking that the ticket is independent of the other then you may end in a big loss because even if the ticket is independent, it’s still the same person, and that person will carry the emotions to bet the new ticket.
In everything a person those, your emotions towards that particular thing matters alot and includes trading and even gambling ( esp. gambling). You emotions affects how make decisions concerning your bet. This is why it is advisable that people learn how to manage their emotions before walking into the casino to gamble in order to avoid unnecessary losses.

Yes in any case emotions have a very big influence that can affect a decision making, and especially if you apply emotions to gambling involvement which as we know that the main requirement to engage in gambling is that you must have money which means that when you experience emotions due to defeat for example then it is very possible for you to make decisions that are beyond your abilities such as betting with larger amounts based on desperation and emotions which in the end it is clear that usually actions like this will only lead someone to a much worse situation, such as losing a larger amount of money.

That's right, as you said that this is the reason why all gamblers are advised to have good control and self-control, none other than it will be useful to reduce emotions especially when you lose, minimizing emotions is not to prevent you from losing but rather useful to prevent the amount of defeat that is too significant due to careless decision making.
424  Economy / Gambling discussion / Re: The shocking rate of women interested in gambling. on: April 12, 2024, 08:43:23 PM
(...) However in recent times we're beginning to see more gamblers who are woman emerge (...)

Is it based only on your own observation or do you have any data source for this?
I suspect this is true, but I'm curious on what the actual female participation % figure is.

There could be a few reasons for that. Women are more risk averse in general, but, at the same time, are keen to participate in activities that are considered socially acceptable. So when gambling became more popular, i.e. due to mobile apps etc, more women have decided to give it a try.

Although it is possible for women to get involved in gambling but I am not sure that the number exceeds the percentage of male gamblers, and I understand that gambling is genderless which means that men or women have the same opportunity to be interested in gambling, But as we know that in general, women tend to prefer management and maybe we also know that in household relationships it is usually women who always share the financial allocations made by their husbands to meet all the needs of life, which means that usually women tend to prefer to allocate money for more important things than taking risks for something that is nothing more than a possibility like winning. As I said above although it's not impossible for women to get involved in gambling, I think the numbers are always higher for men.
425  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: April 12, 2024, 07:58:34 PM
IMHO Bayern Munich are actually playing quite well this season. They also succeeded in bringing in Kane. This season Munich has everything to win the Bundesliga. I think Bayern Munich didn't expect that Leverkusen could surprise them and that Xabi would be able to reveal their weaknesses. As far as I remember, Munich played badly after losing surprisingly to Frankfurt. After that, it seemed like other teams tried to expose Munich's weaknesses and the result was that Munich lost and drew against the lower teams. There seems to be something wrong with Munich's tactics this season. It doesn't look like Tuchel has many variables in his tactics.
If we look at Bayern Munich's weaknesses this season, it tends to be more tactical, which is quite reasonable to blame. Because when it comes to Bayern Munich's players themselves, I see that the team has the best players this season and also a coach who has experience. But somehow they were able to lose like that with the tactics they used this season so many people started to be surprised when Bayern Munich couldn't catch points from Bayer Leverkusen who have consistently won this season.

Yup, I also think in that direction, or that means Bayern Munich uses tactics that are not really needed on the field, maybe the movements are too easy to predict by the opponent and besides this they also have problems in terms of mentality on the field so this really disrupts their concentration to be able to be compact and perform optimally. Yes, logically when talking about players, it is clear that Bayern Munich has good players, one of which is Harry Kane, whose abilities have been tested, and I think everyone feels the same way where we all feel surprised by the decline in Bayern Munich's appearance as a team that can always control the trophy at the end of the season, but on the other hand we also cannot rule out the fact that this is football where any team can experience changes to become worse or surprising as we saw from Leverkusen.
426  Economy / Gambling discussion / Re: Making decisions while betting on: April 12, 2024, 07:38:46 PM
Regulating emotions while betting is crucial to avoid impulsive decisions and potential financial losses. It's important because strong emotions can cloud judgment, leading to choices not based on logic or strategy. Techniques such as setting clear limits, taking breaks, and practicing mindfulness can help maintain emotional control. This emotional regulation ensures that betting remains a form of entertainment rather than a harmful habit.
The right decision will always give positive results on the bets we place and will provide a win that benefits us, but we need to remember that to make the right decision of course we must be able to manage patience and also greed in placing bets because without patience of course It's just very difficult to control emotions when betting and it won't give good results from the bets we place.
Setting clear boundaries and not betting continuously will of course really help us in controlling our emotions because when we bet continuously of course we will place bets greedily and this is very difficult for us to enjoy betting.

Actually in gambling no matter how good you are in terms of doing everything that you believe can bring victory still in the end the possibility of losing is still a sure thing, so with this you cannot directly assume that good decisions will be able to achieve positive results, and I'm sure if in the end it turns out that you lost with that decision then wouldn't you say that it was not a good decision? Cheesy A good and correct decision is when it leads to preventive action and not to the goal of winning, remember this is a gambling that has no certainty where the possibility of losing will always lurk and at any time you can lose even if you are basically expecting to win.

For the other things you mentioned above yes I agree that emotional control, patience and setting limits are important aspects that all gamblers must have, and remember that some of these actions are not to increase the chances of winning but to minimize the possibility of significant losses, I'm not saying that you won't lose but by having the ability to control your emotions then at least you won't experience too much bigger losses.
427  Economy / Trading Discussion / Re: How to handle emotions when you lose during trading. on: April 12, 2024, 07:16:43 PM
Everything you say here is correct, and the number 4 is the best thing that all the traders in this field of crypto trading can do, in fact, so that we can do the trading activity we are
doing in the field correctly. This is actually true. And it's good to make it a habit too.

Because if we can't manage trading correctly, our emotions will swallow us up and put us in a state of lack of control over ourselves, which can lead to bad results in the end.
Besides, it is hard to be good when you are already stressed about thinking about your losses. It was hard to accept defeat when we already assumed that we gonna earn some profit. And much more difficult to control our emotions when we don't calm ourselves. Indeed, controlling our emotions is very important in trading as this will trigger the worst-case scenario. Losing control of our emotions has no good results but instead, this could be the reason for more losses and failures. So instead of chasing our losses, I think taking time to pause and relax will help to calm our minds.  And find out what wrong we've been doing and find solutions to it.

I will say one of the things that makes you feel too emotional and disappointed when it turns out that the session ends with a loss, excessive disappointment is because you put too much hope in profit, I understand that profit is our main goal but what we must understand is that there is no strategy that 100% guarantees profit, because when you are too excessive in terms of putting hope in profit then besides you will feel more disappointed on the other hand what I am worried about is that there is a possibility for you to continue the session full of despair and make decisions not based on common sense and science but with emotions that dominate.

As you said above that this is the importance of a trader to have self-control and emotions, because control is the most important aspect that all traders must have in themselves, because of course there are enough bankruptcy scenarios due to the influence of emotions, which in the end you experience MC, because emotions can make someone continue the session without planning the limit to stop.
428  Economy / Trading Discussion / Re: Does trading belongs to everyone? on: April 12, 2024, 06:18:34 PM
There's different ways that we wanted to choose for, trading couldn't be done in an easy ways to learn. We need to test the depth of a river, it made me remember to that saying. In reality it's more like a trial and error, so if you fail into something with trading I guess that would be a biggest challenge in life.
Well if trading is really for you, then we should work hard for it and learn something interesting to reach success.
There's no easy money in the first place, that's why learning should be in a process and not done in a rush strategy.

I think we all agree that trading is difficult but actually trading is for everyone, this profession does not depend on your background, no matter who you are. Trading is for everyone but maybe what distinguishes it is that not everyone has the same mentality in undergoing the process of difficulty and this is what distinguishes why some people succeed and some people fail, the question is if for example there are people who succeed then why did you fail? actually a lot of reasons for this question which usually they say something that leads to self-defense, but it doesn't matter because there is absolutely no compulsion to always survive.

I think whether or not this profession is suitable depends on how they respond to the world of trading, it's not just about making a profit, I understand this is the main goal but if for example you see all the lessons in the world of trading or anything related to trading as fun for you then believe me you will not feel too pressured by all the difficulties that can cause tension and you will also not mind working hard to achieve success.
429  Economy / Trading Discussion / Re: advice for a beginner on: April 12, 2024, 05:57:36 PM
Beginner think trading is easy because they see alot of people claiming to be successful at trading. Trading can be easy or hard for you depending on how you start trading. If you started by learning how to trade very well from a mentor or a good teacher online, you would not find trading to be hard and you can make money but when you what to learn through shortcuts because you are looking for fast ways to make money  therefore depending on trending signals, you would not understand what you have to do to know how to trade well and it will make you to be making different mistakes when you are doing your analysis of the market and be getting a wrong signals. Beginners do have to be ready to sacrifice sometimes to learn how to trade before they can start making money.
Every beginner who thinks that trading is something that can be done easily, of course they have misunderstood the knowledge about trading. The most important thing for everyone who has just gotten to know trading is that they must be able to learn about trading and also learn from experts or various sources that they can. believe that you can trade and make a profit.

When someone uses shortcuts in learning trading and also using trading signals of course they have to choose correctly the signals they will follow lest they experience a lot of losses in the trading they do and also every beginner will certainly experience failure on their first try and they must take this as a lesson and must be able to improve it in order to enjoy the profits from the trading they do.

Of course that is the wrong mindset and assumption in addressing the world of trading, nothing is easy and in fact some people who really understand about the concept of trading as a whole they say that this is a very difficult activity to be able to make a profit, but even though it is difficult does not mean it is impossible that in the end you have the same chances as others to be able to achieve success in this field. The key is to have the right understanding and have a strong intention and determination to learn by studying everything from any source related to the world of trading.

Someone who prefers shortcuts in the world of trading of course they must be a typical trader who wants to get instant results, no success is achieved instantly and all because they do not want to go through all the difficult processes on the way while all the people who are now achieving their success are born from someone who wants to learn and work hard. I understand that trading signals can help you make instant profits, but you will not gain knowledge from experience just like you will not know what makes you lose. Signals are an intermediary for instant profits, but they will never give you the knowledge to grow or become a better trader because there is no experience to learn when you follow signals or other people's methods. Success will come after failure while no amount of failure will change you into a better and more experienced trader if you don't want to process because you always want something instant like following trading signals.
430  Economy / Economics / Re: Irresponsible spenders consumes their retirement resources and losses values. on: April 12, 2024, 05:37:01 PM
Some people feel that feel that life needs to be enjoyed once you are life, so investment looks like a trash to this kind of persons, there are different set of persons, people with wasteful life and people with cautious spending habit, it is normal for this art of persons to exist, most times people that are not reckless in spending are seen as stingy people no matter what they do they are not regarded as liberal people but their is something that's sure that I know, spending should be minimized by man who really wants to invest for the future, for one to be rich or prosperous in life there should be plan on ground for such modest or materialize, making investment part of you will help you to know that the future exist in the reality, though I didn't say that we shouldn't eat or buy things that we like rather am of the opinion that money should be spent meaningfully.

There must be balance between your spending and savings. There are people who only used to save money and make there life miserable by not spending on themselves. Life is full of ups and downs, so one must has adequate savings to deal with any emergency like health issues. To avoid going for bank loans or using credit card it's advisable to use your own savings. Those who only enjoy life and have zero savings have a terrible ending.

Yes it is true that balance must remain a priority, saving is good but make sure to prioritize your life, or that means when you get an income then it is better to prioritize your basic needs first and if for example there is money left over then yes you can allocate it to savings as one of the measures for prevention when an urgent unexpected situation comes. However, thinking long and wisely is the solution in terms of financial management, because being rational and wise will make you make decisions that are right and in accordance with the conditions.

But sometimes there are always some people who do not think about their future or have no worries about anything that will happen in the future such as some unexpected events that force you to spend some money to overcome the problem, they are usually more concerned with momentary pleasures such as spending all the money they have for something that is actually not very important which in the end they are trapped in debt when unexpected events come.
431  Economy / Economics / Re: The benefits of risk taking on: April 12, 2024, 05:14:25 PM
If you are profitable or if you want to establish yourself in any sector, you cannot improve without risk.  In any case, you have to take risk because without risk there is no business, no organization, no investment, you have to take it.  You can achieve success only by taking risk, in that case you will have the possibility of losing with your risk and there will be profit and possibility but you have to take risk.  It is seen that if you invest in keep currency or if you trade you have to earn some profit or some.  You have to invest money it is normal without money you can never earn money in that case there are some free miking from which you can do it for free but they are not trustworthy.

Yes, it means that only by taking risks will a person be able to experience progress or development that will bring them closer to the goals they want to achieve such as success, there will be no success if you only dream, meaning that success will only be achieved if everything starts with action and courage in terms of taking risks and sacrificing something like time and maybe money as capital. But yes, it is a fact that even if you have the courage to take risks, there is still the possibility of loss but the opportunity for profit is also equally involved if all your decisions in taking risks go smoothly.

True, the scenario can be seen from investment which as you said that we will only be able to trade when we have money as capital in terms of taking risks, I understand that worries and anxiety will always be there but this is what you have to do if you really want to pursue your dreams, because we can see that it is not uncommon for people who have now managed to achieve success in the world of investment, meaning that they also went through the same process but their courage exceeded their worries because of an unusual belief and hard work.
432  Economy / Economics / Re: If being a graduate is the key to being wealthy, why are there poor graduates? on: April 12, 2024, 04:54:48 PM
A diploma is just a sign that someone has studied but not a sign that someone has thought, and it is actually a fact that no matter how high your education is, education can never be used as a benchmark for achieving financial success, and we can see that there are quite a lot of people who only graduated from elementary school but they managed to achieve wealth by having many businesses. This means that education is not a guarantee of success but education is nothing but something that can make it easier for you in terms of making money.

As we know that most companies now make education a requirement for applying for a job which means that having a higher education will help make it easier for you to find a job but in no way can guarantee you to be able to achieve success, and the difference with people who are not educated is in terms of knowledge, but isn't success not achievable if you only have knowledge? of course, meaning that the success achieved by uneducated people is because they have strong intentions and determination along with having a hardworking mentality and good consistency in terms of pursuing their dreams even though they basically initially have limitations in terms of knowledge and insight, because it is useless even though you have knowledge if for example all of that is not accompanied by action and hard work. This means that everyone has the same opportunity to succeed but perhaps with a different process regardless of whether they are educated or not.
433  Economy / Economics / Re: Do you believe in savings or investment on: April 12, 2024, 04:34:18 PM
I believe with both side saving and investment, I know with potential increasing up our assets when put as investment but saving is most important for us when any emergency happen to us. Can't predictable when any urgent needed but if have saving assets we can face it without any problem yet.

I have allocated my assets for investing and half for saving fund, I won't take risk by put my all money for investing assets because every day I face many unpredictable thing in my live and have saving make it easy. Not all our money need put on investment and we have to enjoy with our investment profitable put as saving assets.

Yes, maybe the best plan is to use both of them where you can allocate money to savings with the aim of minimizing the possibility of unwanted when urgent situations that come unexpectedly occur, and you can also make investments as a place to get an increase in the value or amount of money that you allocate, basically both of these things can be very useful if you know how to use them.

On the other hand, yes, however, the name of investment always has the possibility of risk, meaning that you not only have the opportunity to get a profit in a certain period of time but it is very possible for you to eventually also experience a loss which means that your money is reduced due to fluctuations in the market, and here you have a pretty good formula which is to put some in investment and some in savings to overcome some unexpected events, everyone has different considerations before they make a decision and maybe for those who feel too worried about losing their money then maybe they will not touch investment.
434  Economy / Economics / Re: Cash is not trash on: April 12, 2024, 04:13:57 PM
Nowadays, people are using online banking services instead of carrying paper money, as a result of which people can transfer their money easily and securely from one place to another. Earlier there was a time where there was a need to carry money and then accept a service but now there is no such hassle now you can complete any transaction through your bank account or online banking. Due to such modern features the people of my country have reduced the use of paper money a lot. In our country now major transactions are done through online banking and all the retail transactions are done through paper money. In terms of the way people are using online banking or digital money in our country, I think that the use of paper money in our country will decrease a lot within the next 10 years.

Right, I think we are really benefiting from online banking which has helped us in terms of making transactions easier and safer, not having to carry a bunch of banknotes like when you want to go shopping because now most people take advantage of this convenience where they go to the market with just a few banknotes in their wallet along with some identification cards while most of the money is kept in the account, And also lately there are quite a lot of sellers who accept online payment systems where you just transfer to their account address, and maybe the only problem is that you can only use digital money when you are in a place that is covered by the internet network, because if you are in a remote or rural area then it is usually likely that it is an area that is not fully covered by the internet and maybe you will not be able to take advantage of the convenience of digital money transactions, so we also have to look at the situation and conditions as well. Overall, yes it is likely that in the next few years the use of paper money will probably decrease.
435  Economy / Gambling discussion / Re: Where is the fun when you lose your money? on: April 12, 2024, 11:48:02 AM
I think everyone will agree that losing money is a situation that no one, including gamblers, wants, but after all, doesn't gambling always involve the possibility of losing? of course, meaning if you don't want to lose anything then definitely don't ever get involved in gambling, this is the best solution. This means that if, for example, you want to continue to be involved in gambling, then clearly you must be able to be a responsible gambler in the sense of being able to accept any outcome at the end of gambling, especially losing, because after all, all gamblers will always have the same possibility of losing but perhaps with different amounts.

So actually this depends on each gambler's understanding, if for example they understand the basic concepts of gambling, especially the positive and negative aspects, then I think they should not experience significant disappointment or regret due to losing because from the start they were the ones who dedicated themselves to being involved, and as I said above, the point is that we have to be responsible gamblers if we still want to be involved, because the inability to accept the fact of defeat will of course make a gambler controlled by their own emotions which in the end makes them make impulsive decisions which will only lead them to more disaster.
436  Economy / Gambling discussion / Re: Never gamble in front of your kids. on: April 12, 2024, 11:03:40 AM
Because that's the age where they absorb more information because their brains are like sponges that would absorb those information no matter how trivial it is, that's why kids with trauma during their formative years have a hard time when they're growing up especially if that trauma wasn't dealt with, they remember those stuff that you do to them. Your story is a bit cute but I have to call it out as something really fishy like why does this kid already asking about the forum and the gambling community, pretty sure that you're not talking about it all the time that they'd pick it up easily, I'm really not sure if that's a real thing though, or maybe I'm wrong and you've got a genius kid. I don't know how that kid got interested with gambling but I'm going to tell you that you're either failing as a parent because you've likely exposed them to that, no way that it's all innate.

Sometimes he follows me about my activities and working in this community. It's a very simple matter. If you gamble in front of your kids or anything you do in front of kids. These things impact their mind feeling their curiosity. You know in the world, everything will be invented for people's curiosity. I don't know about what he said but I believe ginious. It's my thought. Sorry for the above.

Overall, yes, it's true that children have a fairly high sense of curiosity, where they are always interested in trying things they haven't tried or things that interest them, but in fact, for example, if you gamble in front of them anywhere via your smartphone in an online casino, if for example you don't show any body movements that can attract their attention then I think they won't be curious about what you are doing, unless for example you are gambling by showing expressions that can attract attention as well as increasing the volume of a betting game being played. while you are playing, it is clear that a child will definitely come up to you and ask what you are actually doing.

Another thing is that in my opinion it is also unlikely for a child to immediately conclude that you are "gambling", because usually they don't have much knowledge, especially about gambling, but yes, if we are talking about preventive measures then it is clearly better never to gamble in in front of your children because the possibility of something bad could happen, the fear is that they will try to find a casino site on the internet according to what they see from the games you play.
437  Economy / Gambling discussion / Re: Can somebody make a successful career in gambling on: April 11, 2024, 11:59:46 PM

Lastly  , gambling is not a career and I have never seen any portfolio that bears gambling as an occupation or a means for livelihood.

This sums it all up. Gambling isn’t a job. On occasion, one can win some some money here and there but as it doesn’t come regularly and at a certain time and no one literally employed you, it just cannot be said to be employment.
And then talking about starting a career is out of the question. A job is supposed to pay you for your time or/and services rendered without you requiring you to part with your money. With gambling, you part with some money hoping to win and can still end up losing. Gambling simply isn’t a job.

Exactly, gambling is not a job but nothing more than an activity that will only be useful to fill boring empty time, so it is clear with this then of course gambling cannot be used as a profession to achieve success, and after all, as you said, the results of gambling are always "hit and miss" or meaning nothing more than a "possibility" which is the name of the possibility will certainly not always be able to happen, which means this is the reason why sometimes you win and sometimes you lose.

This is also the reason why gambling is called an activity full of uncertainty, because there is absolutely nothing that can guarantee you to actually win, while success is when you are involved in a field that has improvement or has the potential for development to become better or more knowledgeable that can give you certainty in terms of earning regularly at the end of the journey, but gambling does not work like that, there is no experience that you can learn anything other than victory that only comes "occasionally".
438  Economy / Gambling discussion / Re: It’s unlikely that anyone besides you will be happy with your winnings. on: April 11, 2024, 11:43:16 PM

I think the happiness of gambling should be self-happiness as the sorrow of gambling is self-sorrow/unhappiness. When anyone loses on gambling no one supports the gamblers so when win why happiness should be shared? The more important thing is it will increase unhappiness to the nearest persons.

I agree with you. When you lose at gambling, people will insult you. At least they will mock you for your defeat. And when they win they will ask for a share of your happiness. Doesn't that sound funny, right? Yes, that's what actually happened. Therefore, it is important to keep your gambling hobby a secret. But if people already know it's important to refuse to share your happiness with other people, because they don't help anything when you lose. Except for people who trust and love you.

In the event that you've got a lot of time on your hands, you're going to want to make sure that you've got a good idea of what you're going to be doing. And yes what you said is a fact that when we win then usually people will steal our attention, they come like they care too much about us which is actually their goal is to ask for a share of our victory.

Basically, if you don't mind sharing some of the winnings with those who ask, especially your friends then yes, there is no need to keep it a secret, no problem, but if for example you absolutely do not want to share the results of the victory with others then obviously the solution is to never tell anyone about any winnings, because usually things like this can damage friendships.
439  Economy / Economics / Re: The benefits of risk taking on: April 11, 2024, 11:07:51 PM

Exactly, in anything we do if it involves money then there will usually be a certain level of risk behind it especially when you do something that involves potential profits, and of course being rational can be a smart way to minimize the possibility of risk in terms of decision making, I will not say that you will never lose or experience losses but maybe by being rational then you will be able to understand the situation and you will also be able to consider from various sides that you will make as a basis for decision making.

Especially if we are talking about the world of investment which yes obviously you have also said something right which is that this activity always has a risk, and one of the reasons why risk management is far more important than planning or strategies to generate profits is because it is useless even if you have a way to generate profits if you have absolutely no recipe or formula as a precaution such as risk management then all the profits you have made will most likely be lost again due to losses, and simply put this is like you know how to climb but you don't know how to get down.
Yes of course. You understand my point well so far and that's the thing to pay attention to. The level of risk in each investment product is basically different. Investors must understand it well so that they are able to recognize, minimize and even prevent risks so as not to suffer unwanted losses. Sometimes this is easier said than done in practice, but increasing understanding and advancing skills must always be sought by anyone involved in the world of investment.

There is a lot of advice about investment risk management that is shared freely on the internet. They can study it carefully, but they can also learn through books and YouTube. As long as they are willing to learn, the knowledge remains regardless of where they want to learn it.

Yes because I like to talk about precautionary measures, because if I can't give someone money then at least I can give them some advice to prevent or minimize the possibility of losing or losing money, in any case and not just in investment. It's because yes, just like the main context of our discussion where investing is a risky activity that even the level of risk is much higher than the profit opportunities if someone comes with the wrong understanding and method.

True, saying is always easier than practicing, but this is indeed the best recipe or formula that we can do to maintain engagement in the long run so that we do not end up like some investors who have failed, learning something is always better than nothing. Yes actually if for example someone has a strong intention and determination then surely they will also do it themselves, or that means if they are a beginner then they will definitely look for more information that they can learn from various sources that they can reach such as on the internet, as you said that there are already quite a lot of things that we can learn related to the world of investment on the internet for free which means you just have to "want to do it and have good consistency in learning it".
440  Economy / Gambling / Re: How to self exclude from anonymous gambling sites on: April 11, 2024, 10:47:35 PM
Well that's obvious, I'm sure that someone who understands the whole concept of gambling and how winnings work would say the same thing that gambling is an activity that can never be predicted to result in a win, or that means you never know when you're going to win. However overall winning is always dependent on luck which means that when you are lucky then you will also win by itself, and maybe I would say that does not mean that when you try everything that you think can bring victory then you will lose, not like that because however if only at that time luck comes then you will definitely win.
Or it could be a scenario like what you said above that when we don't expect to win at all but the victory comes by itself, the point is luck applies to any situation.
One of the issues with gamblers is that they do not often plan ahead for the worst, this is bad. If one would be fair, one should have been neutral about gambling as the outcome could be positive or negative, and when it is negative, one should not take it too personally, because it is all about your skills and luck depending on the aspect of gambling you are betting. You don't have the absolute control over anything here. This is more reason why gamblers must prepare themselves psychologically and get that budget calculated with the right management and plans so that when the loss is predominant, it will not cause any issues for them.

Also, in the case of winning, they can be happy, but the excitement should be minimal as well because no one knows what will be the outcome of the next bet. Can you imagine? Regardless, this is the right psychology of gambling, we should not relax, we should not believe anything, we should not blame anything or anyone, we should not be overconfident, and we should just be neutral with gambling and expect less. I am sure that the gambler who thinks and acts like this will never be affected no matter what, and they would have preplanned for the worst, so when it now comes, it will not be a big deal anymore. No better way to preserve our gambling psychology than this, as it enhances responsible gambling activities.

Yes, the best way is that we must be able to be fair in gambling because how the final result is always about winning and losing where winning is nothing more than a chance while losing is a sure thing, and being neutral means that when you win then you will assume and assume that your luck comes at the right time and when you lose then you will admit that losing is part of gambling and being neutral means more towards having an equal responsibility in whatever the outcome of your decision is.

It's true that in terms of winning sometimes there like some gamblers who are too exaggerated in terms of responding to the winning situation, they are very happy that there are even some gamblers who think that the victory is generated because they are great at betting that in the end they try to continue the session with confidence, trust and higher expectations, but it turns out that the results at the end of the session slap them with defeat. It's only natural that this happens because this is a very wrong mindset in addressing gambling, meaning as you said that if we win then we should not be too excessive in responding to it and if we lose then we must be able to make peace with ourselves and recognize that gambling is always about winning or losing.
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