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Serious investors will see that what you say is true. We've all started this bitcoin path with our own plans, some of which are static and some of which aren't. Each plan leaves its own mark in the blockchain ledger. Bitcoin, at its core, goes beyond standard ways of investing. It's like a blank canvas on which we can each paint our own financial plans. No matter what method you use, a friendly tip is to remember that the end goal is to get more sats. Don't sell just because the market is unstable. Keeping your bitcoin is, in many ways, a moral act that shows you believe in a better way to handle money. But hey, could we look into a mix of passive and active tactics, like holding for the long term and trading wisely? A way to deal with the volatility of the bitcoin market while still honoring the core concept of "hodling"? As we deal with these problems, we start to doubt. It's normal, just like feeling angry about the financial system. But we're the first ones to do this and are on the verge of a financial change. Embrace this role with a longing for the old system and an idea for a future that is based on bitcoin. |
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I have read some interesting stories of few members on this forum that did all they could to buy their first set of BTC years ago and also how they made it through the journey, but one thing that I found missing from those stories is a secured job..
Newbies or Beginners, who are aiming to start buying Bitcoin for future sakes, I want you to take this advice very seriously, do not start your Bitcoin investment living under a roof that still feeds you, it could work but it will make things to be more difficult for you.
When you don't have anything else to fall back on, after asking your brothers or sisters in the family to give you some money for investment, what will you do when you get the Bitcoin? You need to live, you will have desires to buy things, and you will panic if the market move downside even more..
All this will happen because you have no job secured, as a beginner, before investing in Bitcoin, make sure you have a job or source of income, it will make the journey of accumulation to be easier and less bothered about the market behavior.
Pocket money, or the money that someone gives you will only bring you unrest mind if you plan to invest with such money, it's the type of money you are not ready to lose, because it's all you have, because you have no other money coming from else where.
You don't need Bitcoin first, What you need is a JOB, work on that first.
I fully agree with you, people should be very aware of what they are doing before investing in bitcoin, does not rush as it is an issue that requires strategy and good foundations... what is the use of getting into debt to obtain bitcoins if you are in constant anguish due to market volatility and the need to have to cancel that money as soon as possible, also knowing (if you are well educated on the subject) that the investments in bitcoin take tim, so you do not get what you expect in a short period of time and it is not only that, but the people who carry out this type of action can even end up on the street because they do not have a way to cancel their debt, they lose everything completely... so it seems to me that it is a maneuver that is not worth executing, it is better to go the safe path so that in this way the results are very different from the previous scenario. Academics say, "Knowledge is power." This mindset gives us control over our Bitcoin investments. You're right - a plan needs solid foundations. Debt to invest in risky assets is like sailing without a compass. I feel terrible for debtors who are stressed by Bitcoin's volatility. However, Bitcoin's value could rise over time. Over the past decade, big financial companies have increasingly used it. I understand. Short-term aims can end in disastrous acts. Bitcoin's technology is amazing. Its a decentralized cryptocurrency. "Digital gold" is valuable for the same reasons as real gold. Know what this means and modify with patience and smarts to invest in Bitcoin securely. |
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I bought a $14.55 bitcoin a few days ago when it was at 22k. Again Bitcoin came to 19k. However, I did not sell bitcoins. I was convinced that the price of Bitcoin would rise again. I buy $50 worth of bitcoins again. Got some profit on this small investment. Looking at Bitcoin 24k today. I will keep it for a long time and will not sell it now. I think at some point bitcoin will pump a lot
Since I can't invest more dollars, I don't have that much money. Still will invest as much as possible.
At first small investment is best. Because for investment in anywhere need exprience at first. So if you invest big amount at first then it has big possibility to loss money. I was also invested small amount at first. In 2016 when bitcoin price was $12k to $15k then i was bought $100 and several times i did buy and sell. And then my profit was near anout $350. And from then i am buying bitcoin and still i am buying and holding bitcoin. When ii get money from anywhere $5-$10 i buy bitcoin. Now my total balance is near about $3k. I want to hold it for long time. My first target is $100k. When bitcoin price will hit $100k then i will sell it. So i am agree with you. Small investment is best i also think. Everyone invests as much as they can. As soon as his expectations are met, he will either sell or continue to hold his Bitcoins. This is one of the good aspects of Bitcoin. People from all walks of life invest in Bitcoin because they trust it. Regardless of your financial situation, anyone who wants to invest can invest. Most people aim for 100k. We have learned to wait in the past. This gives us an edge while we wait after Bitcoin's purchase. Patience is one of the most important things for an investment. Indeed, Bitcoin's democratic nature is its backbone. It welcomes all, regardless of their economic stature, with open arms. Everyone has an equal chance to participate in this digital gold rush. Empathy underscores Bitcoin's appeal; its community is united in their belief in the potential of this decentralized technology. The goal of 100k is widely shared. Its a testament to the faith investors have in Bitcoin's potential. It also demonstrates a remarkable ability to remain patient, to weather market storms and HODL despite volatility. This capacity for long-term thinking is a hallmark of successful investing. Being wise investors, we understand that Bitcoin is not just a tool for profit but also a beacon of hope for a decentralized future. We participate not just to secure our financial futures, but also to propel this vision. Its an optimistic view, but Bitcoin's past growth suggests its not unfounded. Together, we watch, wait, and hope for the best. |
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Thus, Kuwait appears to be throwing us a curveball. Thats sad, especially considering what their pals are up to. But hey, each nation has its own rules, and weighing the potential benefits against the potential drawbacks can be a bit like walking a tightrope at times.
Its true that they're restricting crypto-to-crypto transactions; this is problematic. But that's not the end of cryptography in general. Keep in mind that there is no overarching authority in the world today. While it's regrettable that only one country participated, this doesn't spell the end of crypto or Bitcoin. It could make the train move more slowly, but it wouldn't stop it.
Consider, too, that they may be pausing in order to assess the situation and plan their next action strategically. The future is never guaranteed. Believe is essential.
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Not everyone will embrace Bitcoin, and that is something to keep in mind. It's natural for some individuals to be skeptical, and that's fine. Do we actually reside in a free nation?
The fact that Bitcoin has the potential to disrupt established financial systems is both its greatest strength and its greatest vulnerability. They are split between the familiarity of centralized institutions and the unfamiliarity of Bitcoin and other cryptocurrencies. This internal debate is not something we should try to ignore. Instead, we need to learn as much as possible about it.
Instead of becoming upset with individuals who don't get Bitcoin or don't care, let's work together to make the Bitcoin community more accessible, instructive, and helpful to those who are interested. For Bitcoin's development, this is crucial!
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Aw, man, I get it! You've finally found the one in Bitcoin, and now nothing else can compare. There's comfort in familiarity, so we tend to remain with what we know. It's understandable that the digital universe, the challenge of mining, and the excitement of watching Bitcoin's numbers grow would captivate you.
Also, jealousy is a real problem, so we cant discount it. You have doubts about your current career path since you see friends thriving in other fields. However, the Bitcoin component simply wont let go.
Please accept my polite recommendation that you look into automating more of your Bitcoin-related tasks. Some mining and trading tasks can be automated with the help of available software. That may provide you the mental freedom to contemplate various options without getting sidetracked. After all, Bitcoin is here to stay, and so is your enthusiasm for it!
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Many people are getting on the crypto rocket because they think it will take them to the moon. But they forget that gravity (or, in this case, market instability) can pull them back down as quickly as it pushed them up. Bull runs can make people feel very happy, but they shouldnt let that cloud their judgment.
Before putting your hard-earned money into any cryptocurrency, you need to do your own study. Dont just follow the crowd or people who have a lot of power. Check out the project's white paper, see who is working on it, and look at their plan. This academic method will keep you from making bad decisions about your investments.
Yes, the half of Bitcoin is always a happy time. But keep in mind that not every crypto is Bitcoin. Bitcoin is the first cryptocurrency, the largest, and by far the most well-known. People see it as a way to save money, like digital cash. It has been through storms and crashes, but it keeps going. People, stay safe, and everyone will enjoy the crypto trip
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Why I think that Dogecoin will go that far?
It's the most beloved of the community ever since the pop up of these meme coins. Maybe you haven't seen Dogecoin in the past, it's a fun coin that everybody loves.
But maybe, not you and you haven't really seen its existence even before. The majority of these meme coins will be gone but Doge will stay.
PS: I don't hold Dogecoin.
That's because most "meme" coins are straight clones of Dogecoin. You simply can't beat the real thing. I don't get why people keep buying SHIBA and PEPE like crazy. These coins are "fool's gold" to say the least. The real action is on cryptocurrencies like Bitcoin and Ethereum. They're serious projects meant for serious use in the real world. I wouldn't be surprised if Dogecoin remains the only "meme" coin in existence. Most people will become "rekt" due to bad investment decisions. The hype is just getting started, so expect to see new "meme" coins appear in the timebeing. Just my thoughts  What are we even discussing here? Coins named after dogs and frogs? Go back to the basics, shall we? Bitcoin, the one that started it all, is where the real action is. It's the Lewis and Clark of the digital frontier, not these copycat "memes". While its true that Dogecoin made a name for itself as a joke that went mainstream, its disheartening to see other joke coins trying to ride its coattails. To the people who are buying them, I ask - dont you realize you're dancing on a ticking time bomb? As you said, they're "fool's gold" - shiny on the outside, worthless on the inside. Lets focus on Bitcoin and Ethereum - these are serious projects for serious people. They're like the adults in the room, while the meme coins are just kids throwing a tantrum. Just my two satoshis  |
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...
... Now about CBDCs, you're right on the money (pun intended), they might replace fiat, not Bitcoin. But isn't that fascinating? If CBDCs can replace fiat, why can't a decentralized digital currency like Bitcoin? The transition won't happen overnight, and maybe it won't happen at all, but let's not be so quick to dismiss the possibilities. The world of finance is more of a stadium than a chessboard; a lot can happen in the blink of an eye. Do you know why many countries still have not accepted bitcoin or many countries that have accepted bitcoin but only see it as a commodity and not a currency or a payment method? That's because of its decentralization, and it's something the government doesn't like at all. As long as the government remains in control of this world, never expect a decentralized currency to be widely accepted by them as an alternative to their fiat currency, unless they figure out how to control bitcoin. Why don't they use bitcoin and replace fiat but create CBDC? Fiat is not decentralized, but it still gives us partial anonymity, and they don't even want us to continue using fiat and switch to CBDC. Do you think they will let us use bitcoin freely are not? Seeing CBDC and Bitcoin go at it is like seeing a bout between two colossi. Lets break it down, though. Bitcoin's decentralized nature is a bitter pill for governments to swallow because its something they cant control. However, keep the faith! Things that appear impossible today can and have happened in the past. Can you think back to when the Internet was more like the wild west? Eventually, governments everywhere must have figured out how to deal with it. Bitcoin is currently going through a similar phase. It is a novel tool that will need time to gain widespread acceptance. Governments may be supporting CBDCs, but they realize its like trying to stop a train: once it gets going, there's no turning back. In my opinion, governments will eventually come to recognize Bitcoin for what it is because of how great it is and because people are beginning to use it. |
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Everyone has different life responsibilities, someone who is married and has more than three children may have to budget more funds for daily expenses. Need to manage finances wisely to avoid economic difficulties that result in debt, income and expenses need to be balanced in order to maintain financial stability.
Behind the money spent needing savings for unexpected expenses, I always use the spending formula that must be lower than income. I always try to live a simple life with stable expenses every day, I save the rest as a reserve fund.
Your money management looks grounded in the fundamentals. Living below your means and saving for a rainy day isn enough. Use your money wisely. Why leave additional money? Consider using your money to your advantage. Investing is important. If chosen wisely, it can help your money grow quickly, offering you financial security today and in the future. Every business has dangers and requires careful consideration. Well-balanced portfolios reduce the risk of loss. This could improve your process! |
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The dilema of a growing population, yes. This problem has many layers. Its as if we've taken the standard Malthusian idea and blindly applied it to all countries without taking into account their unique circumstances. However, blaming overpopulation for economic stagnation or stagnation for population growth is a reductionist view.
There may be underlying issues with governance and resource management rather than population density that need to be addressed first. Utilzing one's workforce efficiently is the key. It would appear that poor leadership and unfair allocation of resources are the main culprits in the economic woes experienced by developing countries.
Its worth exploring the alternative viewpoint, though. In a very real way, industrialized countries need the labor force of overpopulated ones. Reduced population growth in these countries could lead to a lack of workers in industrialized nations. Its like a chain reaction, but on a global scale. We need to pause and deliberate about equitable, long-term population strategies that take into account the effects on both the domestic and international levels
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Bitcoin can alleviate poverty, bitcoin can reduce unemployment, or bitcoin can help a country's economy grow if that country accepts bitcoin...too many misconceptions about bitcoin are spreading and passed on in our community. I don't understand why so many market participants without any research just invest in someone's advice and have such serious misconceptions. Bitcoin is just a currency, and to get money, we need to work hard, no one gives us free money.
Yes, that's right, bro, even though bitcoin is a solution, not all things that are considered good can be done by bitcoin. Bitcoin is just an asset and a currency. I am very sad to see that the members of this forum are still wrong in understanding bitcoin, especially people out there who don't know bitcoin, so it's only natural that many people think bitcoin is negative, because they really don't understand bitcoin. I think many people don't have enough literacy about bitcoin so bitcoin is considered something negative. Moreover, sometimes the media spreads bad news about cyber crime with bitcoin, money laundering with bitcoin, dark web transactions with bitcoin, etc. Even if they know of the profit opportunities from owning bitcoin assets, they may be able to make huge profits. Currently, many large companies have started to look at the potential of bitcoin, hopefully it can create a positive trend for the growth of the bitcoin community Bitcoin has been tarnished by mishaps and misunderstandings. I empathize with the public's Bitcoin concerns based on your words. This innovative digital asset is hard to grasp. Bitcoin's hostility may stem from people's fear of the unknown. Education and honest, clear information can modify this impression. Bitcoin's negative uses overshadow its potential as a decentralized, global currency in the media. Bitcoin, like other currencies, is a tool. The user choose how to use it. Large corporations entering the Bitcoin market has legitimized it and increased adoption. This trend may accelerate Bitcoin's mainstream financial integration. Bitcoin's potential impact on the global economy is astounding. |
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Your tale has left me both smiling and in amazement. Time and patience are of the essence in the world of investing, and you have both in spades as a farmer.
In order to maximize Bitcoin's potential benefits for the farming community as a whole, the cooperative society you suggested makes a lot of sense. It's a fresh and exciting strategy! Keep in mind that despite the fact that Bitcoin could generate large returns, a risk management strategy is still essential.
By 2025, might Bitcoin be worth $100,000? Maybe. If this happens, congratulations; it will be a huge advantage for your community, allowing you to put more money into agricultural research and development. However, you should always take such forecasts critically and protect your money.
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Part of me is amazed at how bold it is to link the most important legal currency in the world to Bitcoin, the digital gold of the 21st century. A stroke of genius or a risky jump into the uncharted seas of smart money management?
I agree with the idea behind the effort, which is to bring about stability, stop inflation, and make the U.S. dollar more important around the world. Changes from Bitcoin to dollars wo't be taxed as capital gains, which will also help more people use digital currencies.
Yet, cognitive conflict looms large. Skepticism keeps asking me about how fragile Bitcoin is. Can it really hold up the economy of the world? Putting such a plan into action is still a puzzle that needs to be solved before anyone can take a clear position
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Obviously those who have shared that same stories about making investment a big issue when they still have no work/job to get money as capital are mostly bounty hunters that have been lured by friends and family to spend their time here in forum for few bucks , I am not making it bad for them but you are correct as many of those people have no literal work and education and only find this forum as a bread and butter.
when they carry to have a internet and gadget ? then starts posting here and making money from all areas of crypto that they can manage to earn from small to big amount.
and yes they are also the weapon of those scam sites to spread their site from bounty hunters that sometimes almost willing to become a victim.
I strongly agreed in your presentation here mate though sad to admit but we will not earn anything from those as they also have no choice , maybe some of them cannot find a decent or even a not decent job?
some of them find this place as easy money making area?
that is the sad reality and we must bare with it as lets not be affected of what they say instead let us act for what we believe is true and what is the true value of investing .
Its true that our forum give bounty hunters who rely on crypto a platform, which might cause anger. We mustnt overlook the big picture. This space promotes decentralization and financial inclusion for everybody. If bounty hunters can earn through cryptocurrency, it shows that the internet has democratized wealth-building tactics. We should analyze their tactics rather than dismissing them. Scamming is a huge problem, and we must all be careful, but labeling all bounty hunters is not the solution. Educate and make everyone safer |
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Immersed in the world of cryptos, I can't deny the pull towards vanity addresses. Custom text, unique identifiers, business branding - the allure is undeniable. Nevertheless, your discourse evokes a chilling sense of dread within me. In an era where identity theft is rampant, does it really make sense to play into the hands of potential fraudsters? Your article has successfully thrown a splash of cold water on my previous envies of these personalized addresses.
Privacy - a priceless commodity in our digital era, might be significantly compromised with vanity Bitcoin addresses. Unquestionably, such addresses could become a hacker's paradise, a bountiful treasure trove ripe for exploitation. As appealing as vanity Bitcoin addresses may be, the potential threat to privacy is, for me, an insurmountable obstacle.
As for the environmental toll... It's an era where we've begun to understand the catastrophic impact of human activities on our planet. Given this, spending precious resources on generating vanity addresses is, to me, nothing short of digital vanity at the expense of our already strained environment.
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I think both rich, poor, and normal-status people are prone to addiction. There had been cases and even an article stating rich people are addicted to gambling. This only means that gambling addiction can affect and infect all walks of life except those who are not gambling of course.
People who are very busy with their work and have little to no time to gamble is surely safe from being a gambling addict but rich people who have plenty of time and find gambling as a way of entertainment may develop gambling addiction if they failed to moderate their gambling activity.
Once we love gambling and we don't try our best to be disciplined to control it, we can suddenly develop gambling addiction which is one major that can affect the way we gamble if we can decide for ourselves. Gambling is one of the easiest way to make money online but can be tasking if we can calm down and work on a strategy that can work for us and make us earn from the gambling market oenthe type of games we play. Whether you are poor or rich, anyone can develop the addiction if there is no consciousness to make decisions on whether we want to gamble and when we don't want. Those people who must have find themselves a gambling addict might not really know that there problem comes from a particular methods they use for gambling especially when they don't have the urge control to make decisions for themselves. Depending on what love you mean because there is also love as a hobby and not as an addiction. It's not easy to make money in gambling, and if what you were saying is true then why we are mostly devasted? It's because we lose most of the times. And if gambling is easy money, no casino would ever survive. It's not tasking if you will just calm down but this should gambling be played and not the other way around because at the end of the day, we can still lose no matter how good we think our strategy is. That's true that there is no financial status involved when it comes to getting addicted in gambling. In-fact a rich person can be more prone to it because they have lots of capital. Casinos follow "the house always wins" as a guideline. Even if short-term successes may offer players a false sensation of control, the chances are against them in the long run. Casinos have meticulously planned this. Roulette, blackjack, and slot machines give the house a tiny edge. Despite the odds, many people fall for the promise of quick money. Gambling addiction is bad because of this. Gambling addiction has no financial limits. It's a reminder that this issue impacts everyone, making responsible gaming even more crucial. |
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One should either not gamble with Bitcoin or if they do, they should understand that they will have to pay the fees and if the price of Bitcoin goes up, the fees might look higher for them but they are compelled to pay it because the platform won't pay the transaction fees for their winnings.
Every sportsbook or casino wants to make profit therefore we shouldn't be expecting them to do everything for us. We're supposed to take care of our fees but the platforms should implement options so we don't have to pay high fees whenever we want to withdraw. The options should include fast withdrawal, average and low withdrawal options. This option will make it possible so we can select how high we want our fees and be willing to wait the hours it takes for our withdrawal to get to us even though it takes days sometimes. Everybody pocket isn't equal, some gamblers can spend so much for fees and don't get bothered but for the poor gambler looking to make money been charged so much for fee isn't alright. He should be given the opportunity to select his own fees and wait for his earnings. Since they are for-profit businesses, their primary objective is to increase their money. Despite this, they nevertheless have the duties of making their interfaces easy to use. Many people who partake in online gambling share your feelings of bitterness, so you're not alone in them. You've come up with a rather creative idea in imagining a system of graded withdrawal fees. Gamblers, especially those with limited financial resources, may benefit from this. Users would have more control over their transaction fees if withdrawal alternatives were ranked from fastest to slowest. Let's be honest, though; not every player at the casino has the luxury of patience. Therefore, there needs to be openness, equity, and clarity in the 'time-for-cost' exchange. Each user should have an equal opportunity to profit without having their take drastically reduced by excessive fees. |
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Though it's currently very common in online casinos to wager bonuses before they can be claimed, left to me I'll prefer to the bonuses to be claimed without wagering, I prefer and support the cashback where one could be able to claim some percentage of their lose, this compensation is very okay and would encourage gamblers to continue using any particular site that supports it , for example if am to stake 1k in my local on a particular game and lost, if given cashback I stand a chance of winning and recovering my lose when I used the money gotten from cashback to play again.
The cash back is very available to most online casinos but what I love more about it is that it offers no wagering requirements and one could easily strategise with this reward, bet on another game and recover their losses, it's very easy to be claimed and can be claimed by any payment options of the gamblers choice, apartment from the welcome bonus some casinos offer, the cashback is one of the best rewards one could get from an online casino. I dislike the referral bonus because it seems stressful trying to meet up the referral target and makes me lose hope on it when people barely use my referral link.
Thats a great viewpoint, especially considering online gaming. Since you don't have to play through bonuses, I can see why you prefer cashback. However, its unclear if this strategy stimulates use. Cashback bonuses can help players recover from losses, but they can also make them overconfident. It could lead to a cycle of betting, losing, and trying to get the money back. It's disappointing when folks don't use your referral link. They still allow additional individuals to join the site, growing the community. This improves everyone's experience. |
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You can't rely on a game of chance as your main or major source of income. This is the worst decision you would make. I would understand it if you were talking about games where skills may give you some advantage, like poker and other card games. However, even if you have the required skills and master the game, you should never make it your main source of income because the results will not please you.
Yeah I gambling winning os by chance, and because of that making it steaactivityies will only lead you to more losses just like you have stated, relying on gambling as a major source of income is gonna be as if a man seat on a loaded gun any mistake it will blow him up. That is how it is with gambling and since online gambling has added the possibility of constant contact with the casino, making gambling a source then means it will become an automatic .approach to easislidelid into addiction because when the loss happens the player will have all the access to the casino and he will try to recover the money back and that won't help either. It is true that seeing gambling as a major source of income is bad and it can be a dangerous approach to our earning because what if things do not work out the way it was before, what will be the person's fate? The truth is bitter and sometimes we need to understand that everything is not as rosy to others the ways things are to us. There are people who do not have a job and the only option they are left with is to gamble and earn there daily living on it. Not everybody will choose the option to have gambling as the only source of income but life circumstances have made up to be very less decisive in some certain areas where we supposed to made a concrete decisions about our financial life. If everybody have a good job and earn well, I don't think there will be high numbers of gamblers in the world because the major reasons why some persons go into gambling is to support there financial lifestyle and earn good profits from it. Life is somehow confusing and sometimes we tend to talk anyhow because we don't even know what people are passing through and what there current conditions are. We don't need to judge a book by it cover because we think things are not supposed to work in that manner. Let's keep doing what we are doing especially legal things that are paying our bills, putting foods on our tables. Its crucial to acknowledge that everyone has distinct life issues. Some folks appear forced to gamble for a living. Social and economic inequality makes individuals jealous of those with security and plenty, which is terrible. Gaming isnt a wise investment. Its about risk, uncertainty, and unpredictability. Gambling is risky because luck, not talent, determines success. Bankruptcy often worsens people's situations. Instead, try to strive for social changes that help individuals develop new skills, get stable employment, and rely less on unpredictable revenue sources. Your request is personal. Instead of judging, lets address social and economic conditions that lead to such decisions. |
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