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481  Economy / Gambling discussion / Re: Leave gambling, if it destroys you. on: February 27, 2020, 10:20:06 PM
But many people are playing gambling for fun, but after they enjoy the games, they forget about controlling themselves.
One sign that a gambler is addicted is that they cant control their desire to continue gambling and they may not realize that they have spent a lot of money to bet there. Gambling addiction I think is very difficult to control and many people will admit it. Some of them might call it fun without being addicted, but when we cant stop ourselves from betting every day its called addiction.

I also think if gamblers who are already heavily addicted will not need advice from others to stop because they think it's not important what they think is gambling every time and want to, even though it's hard to find luck.
I do not want to be addicted to gambling because it is very dangerous for me and my family because it can be a conflict with my family because of gambling.
Still we must be able to control with ourselves.

A person always finds ways of his own internal control when it comes to his core values, such as family, health, helping other people, and the like.

Just like a woman who smokes during pregnancy for the sake of her baby, many gamblers, and those who are addicted to gambling, stop playing when their reputation or relationships with close people are at stake. Everything depends on the level of awareness.
482  Economy / Gambling discussion / Re: Which is easier, stop when you are winning or stop when you are losing? on: February 25, 2020, 08:15:51 PM
It's easier for me to stop when I'm losing and seeing my money came to loss easily. But sometimes I just depend on the situation when I know I can manage the game and my mindset is to bring back what I've loss. Sometimes I've manage to win even in the start I loss a little amount of money. I know it's my day.
Sometimes I invited my friends so that if I lose my track, they are there to advise me to stop if I loss a lot. Losing a lot my lead us to being greedy in gambling and resulting for being addicted.

You said quite controversial things. You continue to play while luck favors you, but at some point you find that you no longer have funds to bet.
Thus, we can assume that at some point you start to lose and therefore try to win back, which ultimately leads to the loss of all money.

In other words, specifically in your case, it is more difficult for you to stop both during a successful outcome of events and during your loss.
483  Economy / Economics / Re: Bitcoin to Precious Metals Companies on: February 25, 2020, 07:58:50 PM
I've found an article about 7 possible way to buy precious metals with BTC. Maybe it will be helpful:
https://www.buybitcoinworldwide.com/buy-gold/bitcoin/

It is remarkable that there is a fairly wide variety of similar services that allow you to buy precious metals and gold for bitcoin.
I think this is a good opportunity to invest or convert your own cryptocurrency assets into physical values.

For me personally, the main criterion for choosing a place for such a conversion will be the possibility of obtaining a physical asset in the real world.
That is, it is absolutely important that the exchange can deliver gold or precious metal to my home. Otherwise, these are just numbers in your account.
484  Economy / Economics / Re: Dow Jones Price Drop & The Corona Virus? on: February 24, 2020, 10:35:27 PM
I do not see any other options for the development of the situation except for a full-scale fall in the markets and stock exchanges, in particular in China.
If I’m not mistaken, on Monday, during the opening of exchanges, China will throw a large amount of money into stock exchanges to compensate for the situation related to Black Monday.

I think that the stock market will pull a cryptocurrency market.
485  Alternate cryptocurrencies / Altcoin Discussion / Re: Methods that fraudsters use to scam people on: February 23, 2020, 01:47:07 PM
In the next branch, the man sent 7 Ethereums to the scammer's wallet in the hope of getting 21 back.
That is, fraudsters do not even need to invent complex algorithms and schemes because it is enough to simply offer the opportunity to receive free money in exchange for yours.

To be honest, I don’t understand what drives people when they bite with the free distribution of money.
486  Economy / Gambling discussion / Re: What are your recommended ways of gambling. on: February 21, 2020, 05:31:43 PM
Perhaps I agree with you. Luck is not something we can control. At the same time, the phenomenon of luck is not fully understood.
For me, luck is a combination of my level of concentration and the ability to think at a high level.
In other words, at certain times when you yourself are ready for this, luck can manifest itself much more often than when you just play badly.
487  Economy / Gambling discussion / Re: Which is easier, stop when you are winning or stop when you are losing? on: February 20, 2020, 12:46:25 PM
~snip

I find it much easier to stop then when I am winning a game, I am the kind of gambler that wants to enjoy my winnings by having a drinks or celebration, although I also have control when I am losing but stopping when winning is the hardest thing for me.

There is one small error in your strategy. You exit the game when you reach a certain result. However, when you win gambling it can be
due to your luck or because you are really good at the moment, your concentration is on top and you make the right decisions.

If you play well, your concentration is at its peak, it is in your interests to spend as much time as possible in the game in this state in order to maximize your profits and to some extent minimize the risks associated with a bad game in less concentrated emotional states.

Leaving the game ahead of time you lose some advantage in the framework of your game over a long distance.
488  Economy / Gambling discussion / Re: What would make you stop gambling? on: February 20, 2020, 12:44:24 PM
I have a similar situation, with the only difference being that after my balance drops to zero I make several deposits,
and only after the balance of these new deposits also drops to zero I stop playing.
Of course, this does not happen so often, however, I noticed certain patterns.
In particular, it all depends on in what emotional state I sit down to play, and on how successful the first hour of the game session is.
489  Economy / Gambling discussion / Re: Leave gambling, if it destroys you. on: February 20, 2020, 12:43:00 PM
Gambling can only be seeing as a fun only when you are playing the game with not your real money.
Well, I am glad you are having fun with that, that means you are having fun without taking any risk. But, I'd like to tell you that majority of the gamblers who are having fun would not have fun when they are not risking their money, of course that's including me and my definition of having fun is to gamble by risking a money that you can afford to lose anytime.
I don't think anyone will be playing with his or her hard earned money in the name having fun in gambling with it dude. It will only be fun if and only if you are making profit from playing gambling but once you are losing it will not be fun as usual let be sincere to our selves.

Let us be honest. Having fun almost always means spending some hard earned money

But do we have to follow this rule in all cases or consider it inevitable, sort of carved in stone?

More specifically, why can't we have fun and earn money in the process? I'm not sure about following a stricter definition of the term here, but if you like your job, like what you are doing and it pays well at that, i.e. enough to make a living, won't your job be a form of fun on its own? I know that this is rarely the case in real life (just rephrasing your words), but is this state unnatural in itself, or is it in fact more unnatural to force yourself or be forced by circumstances to do something which you don't like at all for the sole purpose of providing sustenance for you and your family?


You're right. A person should receive money for the occupation that you like to do and bring pleasure.
In this case, he receives both pleasure from the process and a reward in the form of cash and universal recognition.

However, not every person has this kind of work, we can say that such people are a minority.
Therefore, many people go to gambling to have fun there, and as a result, they get addicted to this pleasure to spend heavily earned money on the emotions that gambling gives.
490  Economy / Gambling discussion / Re: What are your recommended ways of gambling. on: February 20, 2020, 12:39:05 PM
In particular, it all depends on your goals. The only thing I can advise you is to study the theory of probability and its application in gambling.
If you are set to profit from gambling, the first thing you should do is to calculate all possible probabilities and the distance at which you can make a profit due to the ratio of wins and losses.
As you have been advised above, you can try sports betting.

For example, if you win 60% of bets and lose 40%, then for a long distance you will be in the black.
However, at a short distance you can lose almost every time, because of this you must clearly understand that you need patience in order to play a long distance.
491  Economy / Economics / Re: Gold bubble and Economic situation more what to expect on: February 18, 2020, 09:30:19 PM
There is no such safe place where you could keep your assets without fear that they might depreciate.
Gold at least has a physical nature and is a rare precious metal, which in turn makes it very valuable to people.
Also, any physically useful assets that have, as I said, physical referents in the real world, will be just those saving things for your current assets in times of crisis or global catastrophe.
unfortunate what you say is very true because everything has risks but when you really want to save an asset it is better to have a physical form like gold which in my opinion is still very safe for long-term investment and gold is the safest asset because it is not need electricity or anything to make a transaction.

Yes, that’s the harsh reality. However, all we are saying is just an assumption; we don’t know how the world and the world market will actually behave during periods of such depressions,
because every time something new happens. I do not think that gold is the most ideal saving asset for investment, but this is definitely not the worst option.
492  Alternate cryptocurrencies / Altcoin Discussion / Re: Investment Advice for year 2020 on: February 18, 2020, 09:28:51 PM
Most people make the mistake of buying this kind of coin during their rapid growth, which subsequently leads only to loss.
That would be the obvious result if they don't know how to sell at the right timing, for experience traders they make money on that but fore typical traders they lose that is why it's not advisable to do day trade if you are not equip with full knowledge.

buying at dip and selling at peak is still the most basic yet a very effective way of investing.

The strategy seems quite simple and transparent, but you need to have certain investment skills, preferably the skills of a trader, in order to be able to more accurately determine the points that are the lowest for a certain period, as well as the points that are the highest for the same period. This is quite difficult to reproduce for beginners.
493  Economy / Economics / Re: What will happen if the all countries convert to cryptocurrency? on: February 18, 2020, 09:23:29 PM
Of course, this is a rather scary and strange step for any developed country in which the classical financial system prevails.
After all, the economy is formed and lives due to the inflow and outflow of funds, which, as we know, are formed partly due to good turnover.
The introduction of a full 1-decentralized cryptocurrency system can very strongly and unpredictably affect the entire economy of the country.
If we take the United States of America, for example, the dollar is valued all over the world due to the fact that America grants loans in national currency to other countries, and also performs any international trade operations in its national currency.  Almost any country today depends on the value of the dollar, while no one takes into account the fact that dollar inflation is increasing every year, because America does not stop printing new money.  I believe that with the transition of the whole world to cryptocurrency, for many, or rather for all countries, a very bad time is expected, because Each country will remain only with its gross product and gold reserves and no one will be able to draw up any numbers or kilograms of non-existent gold.

Almost all national currencies are not provided with anything, this is fake. A much more reliable prospect will be the purchase, as you said, of gold or precious metals, which will be priced under almost any circumstances. I think this is exactly what will happen before the global crisis, most people invest money not in physical referents of the real world, but in the dollar and cryptocurrencies, for which they will eventually pay.
494  Economy / Gambling discussion / Re: After losing did you feel you must return the soonest to win back your losses? on: February 18, 2020, 09:20:28 PM
It all depends on how much the session exhausted me. If I still have the strength, and my loss happened only at the very beginning of the session, then it is obvious that I will have the desire to return as soon as possible in order to win back. However, if the situation is the opposite, where I lost at the end of the session, then I would rather go out and do not even want to think about the game until the next day.
Whatever you desire to do as long as you are aware of the possible consequences you can push or quit and be back after. Gamblers who keep pushing their luck are engaging to much with this activities, it's not healthy and you have to set aside your emotion and keep yourself cool so you'll be thinking
in the right manner.


You are absolutely right. To win a long distance, we need to keep everything under control, including our emotions and thoughts. However, it is much more difficult to determine the moment when we lose control due to emotional stress. Often, many people simply ignore the fact that as a result of a major loss or a series of minor defeats, they have an irresistible desire to recoup. To continue the game in this state, a person can justify himself as he pleases.
495  Alternate cryptocurrencies / Altcoin Discussion / Re: How diversified are you in Altcoins in Q1 2020? on: February 18, 2020, 09:18:31 PM
The essence of diversification is to reduce risks and maximize profits by investing in assets of various kinds. A similar mechanism works well in the stock market;
however, the cryptocurrency market is somewhat different from the stock market and, as we can see, the secondary market for alternative coins is not independent.

In other words, depending on the price of bitcoin, we see one or another dynamic position of alternative coins, that is, there is almost no difference between alternative coins in the framework of diversification. Therefore, you will get the best result if you invest in alternative coins no more than 20 - 30% of your capital is desirable in one thing.

496  Alternate cryptocurrencies / Altcoin Discussion / Re: Has the price of Altcoin stopped in one place? on: February 18, 2020, 09:17:15 PM
If the price of altcoins stopped in one place, then this would be one of the most joyful and sad events for many people.
Indeed, on the one hand, alternative coins would stop their uncontrolled fall, on the other hand, they would stop their growth, and at the same time, the desire to invest in them would fade.

I understand what you are talking about. However, I think that everything will depend only on what will happen with Bitcoin now.
For example, in the case of correction, alternative coins will most likely behave in a classic way - they will react to the fall of Bitcoin with their own fall, which is likely to plunge everyone into another depression.

497  Economy / Gambling discussion / Re: Gambling: process vs outcome on: February 18, 2020, 09:15:38 PM
I believe everyone has their own reasons and goals in gambling. It is impossible to single out one process or income, because one is inseparable from the other.
If you were told that it is impossible to win in a casino, you would not play in a casino. At the same time, when you make a bet between her result,
adrenaline rises in your blood, and in case of winning, dopamine and oxytocin also rise. You feel the joy of victory; you are a winner with an incomparable feeling.

Therefore, I believe that one is inseparable from the other.

498  Alternate cryptocurrencies / Altcoin Discussion / Re: Which coins do you Hold ? on: February 18, 2020, 09:13:16 PM
You have been in crypto since 2016 but still not registered on the forum, well, I welcome you!
However, it is not clear what your post refers to, you ask for advice or advertise a dubious coin, I personally have heard almost nothing about it, or rather nothing at all.

I am not a supporter of alternative coins, so for the most part I accumulate bitcoin and store only it.
Sometimes I can invest in some alternative asset if I think that it will increase in price in the short term, but such adventures often end in failure.

499  Economy / Economics / Re: Corona Virus and The Effect on The Markets on: February 18, 2020, 09:12:44 PM
~snip

I agree with what you say. It is due to the fact that people will spend more time being in front of computers at home, this will contribute to the fact that their knowledge about
Bitcoin and cryptocurrencies in general will expand.

It is impossible to say unequivocally that this will lead to an increase in prices, but in the future, mass adaptation of cryptocurrencies this will definitely be useful.
I do not think that the coronovirus epidemic itself will directly affect the growth of bitcoin.

I just see no reason for this. During such crises, people need food and medicine and not additional assets in their accounts.
If the crisis drags on, it is likely that Bitcoin holders, on the contrary, will be inclined to sell their assets in favor of the means necessary for life.

500  Alternate cryptocurrencies / Altcoin Discussion / Re: Investment Advice for year 2020 on: February 17, 2020, 09:42:27 PM
Analysis may not always help. The best thing you can do if you buy TOP alternative coins is to buy them at the very bottom or at the bottom.
That is, at the lowest point possible. This is exactly the strategy that will bring maximum profit to anyone who invests.

Most people make the mistake of buying this kind of coin during their rapid growth, which subsequently leads only to loss.
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