Even if you do this, sometimes emotions and greed gets into you and destroy your iron clad plan to gambling success.  Maybe do this, have discipline to stick into your game plan and a little bit of luck, maybe you can actually be a winner. But in my opinion, only hard core gambler can do this without crying in the end.

There is no safe way to be rich especially in investments or business. There will always be risk involve. But you can counter it with proper preparation before undergoing a certain venture. Be sure to arm yourself with enough knowledge and experience to handle business before going into it. Diligence and discipline is a must. Otherwise you can just kiss your money goodbye.

I am not so sure price will reach 1000 this year. Yes It may go up because of halving, but I do not think it will go that high. And if so,  that would be just a spike and may just last a few minutes because people will dump their coins and will bring back the price down. I am much comfortable with 600 - 700 range and a steady climb towards it.

Aside from straining your finances, gambling can also put strain in your relationship with your family. Though this could only affect those who are addicted to gambling. Addicts will most probably most of the time spend their waking hours inside the casino or facing the computer doing bets. They will be emotionally apart from their love ones. Or they could be loaning from their friends to support gambling and that could destroy the relationship.

Spot on. Also, if you have business, it can be a source of passive income. You will be earning even if you are lying in your bed or vacationing on a far away island. That, for me, is the real meaning of becoming rich. Relaxing without the worry of your money running out. Instead your money is earning more money. And you can only achieve that with a established business. Gambling cannot give you that.

Internet is not a sickness, it is just a tool. How you use it is up to you. The same as gambling. It is just a form of entertainment. It is the lack of self control that is the sickness. Even if you gamble, if you just gamble within your limit, I think it would not be bad. If you know when to stop, everything can be okay. You can avoid addiction that result to a lot more problem if you can just control yourself.

MOst people are greedy, hence gambling problem. It is really hard to resist the temptation of money and greed especially when you experience beginner's luck. YOu will always think it can happen again and you can win big. But most of the time you will lose. and even if you are winning, you can be greedy and on a single bet everything will be lost.

Yeah, winning in gambling is unreliable because it is based on luck. If you just YOLO once in a while, maybe there is a chance you hit big time. That will be instant big profit. But if you want it to be a steady source of income for daily expenses, that will be really hard and almost just a fantasy.

I store some of my bitcoins as investment too. But some of it I use in tradings and some for immediate use. I still feel that if I hold some of my bitcoins, someday it will worth something really big. It can be used as a retirement fund if it comes to that. The important thing is I still trust bitcoin.

Remember, day offs are there to rest the body. Your body needs to recharge too. If you keep on working without resting, you will be stressed out in no time. I recommend, take one as a full time and take the other as a part time only. It does not matter if bitcoin is full or part time, as long as there is still enough time for rest and your earning enough to make a decent living.

if you ever gamble, you should know that there is always a chance to lose, Especially when betting against the house. With negative ev, there is a  high chance to lose most of your money. So if you lose a lot because of gambling, do not blame anyone or the game or the house. You bet on your own accord, so man up and don't cry.

I think this plan is not enough to make anyone rich unless you have thousands of bitcoins in your wallet. Bitcoin will just be idle in your wallet if ever the price of bitcoin took forever to reach a very high amount. It is better if you could invest some or trade some while waiting for that magic moment that bitcoin reaches 1000 dollar a piece.

Can be true but still if that person gambles out of control, he can still lose all his money in gambling. Rich people do not stop on thousands, they get into millions. Imagine having a losing streak of millions every night. Sooner or later, money will run out. Even the wealthiest of wealthiest can lose all of his money if he has gambling addiction.

Diversify you investments. It can be divided into bitcoins, mutual funds, stocks , gold or real estates. You can't be rich if you only invest on a single investment instrument like bitcoin. Besides, putting all your money on a single investment gives a higher risk of failing than dividing it into different accounts.

Good decision. Gambling cannot ruin your life if you won't let it. Just give it a few try, then drop it. It does not have to be a prolonged habit. It can only wreck your life if you get addicted to it. Otherwise, it can be a fun entertainment or a way to pass time.

If you are certain that the price will go down, then short it in trading. Then you will still have money even if bitcoin loses value. And when the price is picking up again, make a long trade. You can still earn even if the price flactuates. But I still won't quit my job though. Bitcoin is a very good additonal income and I like to keep it that way.

And if the price did not reverse, all your money is gone. You also need to know when to stop buying. You might be buying dead coins and you still don't know it. Also, I think, by just doing that is not enough so you can be rich. Everyone should have been rich if that is all it takes. It takes more than that. More work, hard labor is needed to be able to become truly rich.

That's right. Blindly doing trades is a gamble. You don't have any clue about the market and you trade, only luck can save you there. But if you study the market and charts and make a calculated speculation where it is headed, then it is called trading.

You will never be in a position where you have to do all this things if you can cure yourself. Acceptance is the key. Accept that you have a gambling problem and you can't get away from it alone. Accept that you'll need help. Then you can be cured. And a professional can really help a lot.

I think it is the other way around. If you really want to save, take out your intended amount to save first then keep it somewhere you can't touch it. Whatever is left of your salary, you divide it to your expenses and force yourself to live within that amount. Otherwise, you'll never be able to save at all.