For me the reason for that is simple because of the addicted, while 99% of the people can gamble responsibly there is a small amount of the population that gives it a bad reputation and as long as people keep getting addicted to gambling then I think gambling is still going to be portrayed negatively all over the world, but as long as you control it then who cares? As long as you can play games like roulette, dice, craps or sports bets responsibly then you are fine. That is why most people see gambling as a bad habit. Addicted gamblers tend to lose a lot of money in gambling and that's okay with them as long as they do their habit. Gambling was not made purposely to make money but to ease some people their boredom or stress. But those addicted gambliers don't realize the reality which makes some regular gamblers also bad in the eyes of some people. |
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Yes it is. Because they are likely just a pump and dump scheme. Those crptocurrencies only have few volumes which indicates only a few number of traders. If you are caught by their hype train and it's too late for you to sell to earn profit then you might hodl it for a year or maybe forever. I recommend you to buy cryptos only on top 50 of the coinmarketcap. There are many traders in that range and as long as you know when to grab profit you won't lose your bitcoin from it.
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No not all, only the few that shows their potential and have their own products. Most of the cryptocurrencies created nowadays are only pump and dump scheme. After they raise their crowdsale and gain funds, after a month they disappear like nothing happened. And their crypto just continues to drop until 2 or 3 digits in satoshi. Only few can maintain their prices and follow their roadmap according to schedule and does prevent their crypto from crashing a lot.
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In Trading, there are two categories of people, those who want to increase their bitcoin volume, and those who want to increase their dollar volume. Which one do you prefer?Why?
I would choose to increase my bitcoin because that is more good in long term. When I increase my bitcoin the value of it in dollars will increase when its price rise. Although i will also lose dollar's value when bitcoin's price drops I can convert some of it before that happens. So I have something to spend for myself. And when bitcoin's price drops and I have some spare amount of cash I can buy cheap bitcoin to earn more profit. |
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Yes it really is, wallet security is important because it shows how you will protect your digital wallet from hackers or people that have bad motives to it. Turning it on will make your wallet more difficult to hack and you can recover your wallet incase you lost your device. It may be a hassle to do but it is a big help to prevent your wallet being emptied without your permission.
Security is important in the cyberworld because you don't know who or when hackers will attempt to invade your privacy and stole something important from you.
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Avoid buying expensive things you don't need necessarily. Appreciate what you have and what you can afford. Don't be jealous to others. Prioritize your monthly bills so you won't be in debt. Budget your daily expenses and the remaining money from it you can use that to treat yourself. It isn't bad to treat yourself once or twice a month. The important is to balance your savings and expenses.  |
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HODLing will get you nowhere if you just hodl it. You don't know when to grab profit or sell them at a right time. You always think it will go up higher until the pump ends and feel disappointed because of what you did. I've experienced it and it became a lesson to me. Never get greedy, know when to take profit. Be contented with it and even if it's price still continues to rise up after you sell, just believe it won't last long and it will dump again and it's a chance to buy to make some profit again when it pumps.
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I think this happens yearly and if you are new into cryptos then you will really lose hope because of the situation of crypto market these past few weeks. Recent FUDs also contribute to it. Some people I know says whales are accumulating and preparing for a huge pump in the near future. For me I just sit back and wait for the market to be bullish again. I know this will end in no time.
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Why invest in altcoin when you can invest in real estate, stock market?
Investing on real estates and stock market requires some documents. Also it needs some big amount of money in order to get yourself to it. While altcoin trading, any amount is okay as long as you have bitcoin and know a trading site to do your trades. But in terms of risk altcoin trading is way more risky-er. Because we all know that only few selected cryptocurrencies maintain their prices through the years. Most of them in my opinion are not good to hodl for long term. |
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Yes they do, they are many people that are addicted to gambling that is why these gambling sites shows up everywhere. Gambling sites owners know that most people want to earn some quick bucks so they give what people want. Gamblers on the other side just make those gambling sites rich because of their bad habit. Until they will be contented on what they earn and don't realize they are just throwing their money gambling sites won't stop to operate.
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It won't have any effect in gambling. It will just bring more disappointments when you lose more. Gambling is just all about luck. Whatever skills you may have if you are not lucky on that day you won't win. Gambling must not be treated as a way to earn some decent amount of money. It should just be a past time to relieve some stress or when feeling bored.
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Invest only what you can afford to lose.
Don't go with the hype.
Acquire some knowledge about cryptocurrencies, when is the good time to buy or not.
Don't believe to people offering some too good to be true profits.
Do some research before investing on icos.
I think these are the basics newbies should learn and from their experiences with it they will learn more.
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I can't afford to buy bitcoin with cash so i would just do some earning by trading some altcoins. I would only do day trading as altcoins price are also unpredictable this time. It is really difficult to see that bitcoin's price is really low compared to last few months but I hope after this month it will start to rise and make its way to a new all time high. Only a week left and august will end and let's see what will happen to bitcoin.
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I would really agree on this. Cryptocurrencies prices are very volatile which makes it very risky to put your money on. You can earn quick and also lose. It would not be wise to invest your only money into it. As they say invest only what you can afford to lose. Some cryptos are only pump and dump scheme. Even some potential cryptos dump big in their prices which makes it really risky to just invest your money into it without knowing any knowledge about cryptocurrencies.
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Hi, i just want to ask if bounty campaign already ended because i saw in the signature campaign spreadsheet, there is already a final stake for the campaign. Thanks.
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I laughed when I read the OP. This is the typical mindset of gamblers, i.e., delusion will make you win. You might as well believe in telekinesis or precognition or some such nonsense. What gamblers need to understand is statistics and math.
Anyone here read the account of the MIT students and their professor who took the casinos for millions? They did it by basically counting cards, and they were to a man (or woman) all brilliant students of math. No surprise that they were from MIT, of course, but that's another story. None of them believed this crap about positive thinking, attitude, or the law of attraction. That's like the lottery player who keeps trying to get lucky. LUCKY. That's all that is.
Precognition and such actually exist. Some things are beyong knowledge and science. Some people might not believe it but I choose to believe it because I have my own personal experience regarding that kind of things. Statistic wont help us to win but it rather help us to know if we really have a chance regarding playing in a casino Yeah, but the point here is that we can't win as always, the amount of money that we are going to lose is way more bigger than the amount of money that we could win, and if that is what happening to us, playing gambling is not an option anymore. If our goals in playing in gambling is to earn money, we have to quit already because we are not earning any, instead we are losing it. |
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I like your thoughts on this thread, whenever someone is talking about gambling they are generally talking about the negatives of gambling and not always thinking about the good sides of it. In my opinion I believe when you gamble it trains you how to take risks in life. This could train your brain that risks aren’t always a bad thing and that have good reward if you take “smart risks”.
if we look in that direction, gambling has a side where it is a reflection of ourselves, the more we are greedy. already on make sure our lives will be destroyed, so walk is simple. never target anything big without thinking long. Correct, maybe they could only say positive about gambling because they have just started and not loses that much, but if they will begin to think what coulfd happen to them in the long run, if they will continue losing, for sure they will start badmouthing gambling, they will start being negative about it, and the best thing that could happen is that they will finally quit gambling for good. |
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Because in some religion the gambling is considered as sin so they are spreading everywhere it is a bad thing to do.And another reason is most of the people in gambling will lose their money so they will say others that is it scam or don't play again.But people failed to understand that gambling is not a money making purpose,it is just an entertainment purpose which involves risking the real money so the excitement is more.
Gambling is made totally for fun, it was just been tagged negatively due to people who abused it and became too greedy in it, since greed is included in deadly sins and we all knew how greedy players are when they play in gambling especially if they don't just considered it as game. Indeed, it is a game that sometimes (or always?) leads to addiction. The op said something about trading industry seems like he misunderstood something, trading is a serious but not addicting legal way of earning money unlike in the gambling that purely depends on the player's ability to ace the game and its luck. That is what I wanted to say. Gambling is all about luck. You don’t have any control on it and your strategies are just not working out in any case if you aren’t that much lucky someday. Believe me, no skill can have any impact on your results when you are gambling. So why to go for such option that is biggest risky for your money? Why to gamble when you already know you will be getting loss? Think over it. I think gambling is just entertainment and maybe it just becomes wrong if the money we use to bet is compromised and there is more that is meant to be used probably for family and leave all responsibility for our loved ones just to gamble. Gambling has always been described negatively since from the past I disagree to that, no matter what excuses we have just to depend gambling, we can't change the fact that it is wrong, betting our money is wrong, so expect that many people will give negative comments about gambling, they are only saying what experience they have had when they played gambling the first time, they just learned their lesson, that is why they are discouraging everyone to try gambling since it is not worth it. |
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