This is just heartbreaking to see given that he was very young for him to be taking his own life.

I guess this must serve as a reminder to everyone about the dangers of gambling. I mean, everybody knows the potential risks that it carries but once you are consumed by greediness and fear, it will definitely affect and cloud your judgement. Most likely, this young man took his own life impulsively due to the fear of not being able to recover.

To everyone who is struggling to quit or to anyone who is currently addicted to gambling, there is still hope for you to change- and that hope will always linger as your backdoor exit to control your temptations.

If that is the case, then both of them should quit.

Parents have the natural obligation of supporting their family financially. If they cannot fulfill this natural obligation to the point that it impairs their livelihood and financials, then both of them should not have married in the first place. They have now the responsibility of having all the necessary financials as security in the event of an emergency. If their gambling addiction/habits affect their relationship with their family, then this will pose a potential problem for them in the future.

In conclusion, both of them should avoid gambling for the betterment of their financials. But, if they can allocate a certain budget for this habit to the point that it is the money that they can lose and they have the extra money for emergency purposes, then they can continue such habit provided that it should not be destructive to the family's expenses.

Trust me, the amount of people who are truly desperate in getting rich by investing in ponzi-schemes are rampant during this period given that the next fork is about to happen. I just hope that these newbies and beginners would understand that getting rich is not about cutting corners- it is all about hard work.

If getting rich were that easy, then every cryptocurrency investor would be rich by now. This is the reason on why some fail as an investor and they have nothing to blame but themselves for falling into this very obvious trap that scammers built.

Lastly, if something is really good to be true, then doubt it. Prevention is better than cure- stay away from offers that look very attractive as they are most likely involved in a shady scheme that may left you in danger.

If BTC happens to shutdown suddenly, then expect prices of altcoins to either increase/decrease drastically depending on the reason on why BTC fell in the first place.

For your second question, I do think that the government CAN shutdown BTC but this will require a unity of all governments in all countries for it to happen. Remember that there are certain countries that prohibit the transaction/utilization of BTCs (e.g. China, Saudi Arabia, etc.) but this does not stop other countries from accepting it as legal tender (e.g. El Salvador and Central African Republic) which overall contributes to its price.

Assuming that all countries prohibit its transaction, then expect its price to decrease and it will slowly become obsolete.

For your last questions about hackers, I doubt that hackers can completely destroy it. The reason is simple- it is the blockchain that makes it fool proof. Every transaction is confirmed by a significant number of miners that can make detect whether a certain transaction is fake or not.

Ahh this is interesting- this is what I also noticed with slots with all the confusing symbols and images.

Every time you attempt to play slots, it will roll on a certain number of slots and images then you would see different combinations with the respective value that you have won. Yeah I agree, it is confusing to know if you have won or not but the game automatically tells you that you've won "xxx" amount of money from the combination that was garnered.

I agree with the replies here- you should not understand it to begin with. You just roll and play until you see a desired result. Besides, you cannot control the odds as everything is randomized to begin with.

I somehow disagree with your comment.

I think the key point in making an investment is being smart- meaning, knowing which altcoin to invest in. I agree, there are lots of altcoins that offer promising technology and innovation but only a few are liquid on the market. While I do recommend that a person should at least invest in BTC, I still think that considering the top 5 altcoins for diversifying your portfolio can be profitable in a few years.

At the end of the day, it is all about knowing which altcoin to invest and when to convert them to cash as soon as they reached a price that can profit the certain investor.

Sports betting is definitely fun but if you are a newbie who is new to this space, then it is recommended that he/she watches videos available on YouTube for proper guidance.

Though this also may be the case, I also recommend playing with friends (if you have any) or join groups from social media platforms that offer help/guidance. Just be wary on the latter as there are a rampant of scammers that can take advantage of your situation as a beginner.

Lastly, I also recommend that you watch gambling streamers as they can provide insights and guidance on your desired game. Also, you can visit the ANN Thread of a certain gambling casino website in this forum as some offer free spins/games for proper explanation as a whole.

I agree with your statement as I also share the same view.

While gambling has produced me countless of losses during my youth, I am still grateful for knowing such act as it taught me on how to be responsible for my finances and expenses. Sure, losing hurts like hell but winning in return is fun. The key factor here is knowing how and when to stop in the event of a winning/losing spree as greed can ultimately cause you to lose everything.


Again, we also share the same view on this post. Gambling, while it may be perceived as both positive or negative, the fact remains that it can teach a person on how to be responsible with their finances, although we mostly learn during our failures and losses.

Learn the basics/fundamentals and the reason on why you invested.

Did you invest because of the hype? Is it because of FOMO from your peers; or is it because you just heard it from a random stranger on the internet saying that it is a good investment? From these questions, know on what you invested and on why you invested.

After knowing cryptocurrencies and its uses, then comes the difficult part- which is investing and forecasting its price in the future. Due to its high volatility, its price may increase/decrease every second depending on various circumstances and factors.

At the end of the day, just enjoy the journey and the ride. Expect heartbreaks and celebrations as these are all part of investing in cryptocurrencies.

I do think that Math plays a huge part in knowing the probabilities of each game. With this in mind, you can at least be knowledgeable on what cards that are most likely to appear by basing your decision on the highest chance of draw.

While this may be possible like what OP mentioned, in reality, this is very difficult to master and it requires tremendous knowledge and calculation on the part of the person gambling. Again, if it were that easy, then everyone would have done it by now and majority of these gamblers would be rich.

Though this may be the case, I do think that we should NOT use this as our basis in gambling. While math may be applied, the reality is that only 1% of the population would profit from gambling by employing such technique.

Before we suggest something to you, can you please provide the details on what kind of games you are interested? Here are some of suggestions that I think that can support you on deciding which game/s to try:

• Are you perhaps interested in a fast-paced game where you do not even have to think? If yes, then I recommend playing slots as your gambling game;
• If you are interested in applying some sort of skills and bluffs (though you are a newbie), then I suggest that you play poker or other cards games that are available;
• If you are interested in playing a simple game of choosing between three (3) colors and predicting which color would land next, then a roulette kind of game would be interesting;
• If you are a type of person who is into sports and prediction, then sports betting would be the right match for you; and lastly,
• If you are interested in playing a game where there are fantasies and elements of MMOs are applied, then I highly suggest you try the Duel Arena that Rollbit recently offered as it is definitely fun to play.
  

At the end of the day, it depends on your preference on what kind of games you are willing to try. If you are a complete newbies to this platform, then I suggest playing slots then quickly transition to other games. The beauty of this day and age is that there are lots of gambling websites that offer a variety of games on their platform.

I think there is not an absolute answer for this as it varies per person depending on their personalities as factors.

There are people who prefer to do things alone; but this fact does not mean that they are prone to gambling. On the other hand, there are people who prefer to do activities with others but they are the ones who are prone to do more gambling. It really varies depending on the factors involved as every person has their respective and unique personalities.

Be that as it may, there have been studies that people who are indeed alone are more prone to addiction given the lack of any interaction surrounding their environment. They are also more likely to suffer depression and addiction as they have no one to run to for comfort, etc.

At the end of the day, I think it is still better to surround yourself with people even if you are struggling in gambling addiction. Peers and family members are very powerful units that can pull you out of this hole and make your lives better.

Interesting- I searched the meaning of a "custodial wallet" and it stated that these third-party programs (such as BitPay) has full control and custody of our private keys. I guess they are the ones responsible for handling our transactions which somehow explains the high TX fees.


I see- this is actually insightful to know. As someone who is really new to this kind of "more secured space" practice, can you recommend me a self-custodial wallet for my privacy? I would very much want to have full control over all the assets, keys, and funds of my BTCs for future transactions.


Thank you very much for all your replies! I would very much be interested in switching to a new wallet for my security as well. Probably I would look for a wallet outside my local exchange (since this is what I have been doing since 2017) and switch to a more secured space for my safety as well.

Once again, thank you for the replies and answers!

I mean, this is quite the obvious that a person would feel irritated if they lost a certain amount of money when they lost; and if the person won, they would feel generous and kind to others.

This is nothing but natural human behaviour that we are more kind, happy, and respectable if we experience a good/positive outcome. In the contrary, a negative outcome would most likely affect our mood, thereby making us more aggressive and sensitive at the same time.

This natural human behaviour applies to gambling which is purely dependent on the outcome of the game. If a certain gambler won, then he would feel happy; if he lost, then he has the potential to be aggressive to his surroundings (though this also depends on the goal of a person if they gamble for money VS if they gamble for entertainment).

No way that I would risk that amount of money in sports betting even if I am somehow knowledgeable about such subject.

$18,000 is a lot of money. Well obviously, that person is most likely rich to begin with as he has the luxury to bet that significant amount instead of investing it. The fact that he can risk that kind of money implies that he has probably have no use for such money. Again, this can be potentially dangerous as it somehow sets the tone for future sports betting fan.

I am a believer that a gambler gambles their money in proportion to their current financial status. If a person is rich to begin with. they have more access to cash for betting. But if a gambler is average, they will only gamble away a certain portion of their income.

As someone who is inexperienced to this, can you please provide a step-by-step process on how to do this?

I currently have BTCs in my BitPay wallet and I cannot transfer it to my local wallet due to the very high transaction fees being required (more than $20 currently). Is there like a website or an application that I can use for me to send my BTCs by using a relatively lower fee? I do not mind if the transaction would take days; what matters is that I receive it on my local wallet.

I just really hope that in the coming days, the price of tx fees would be much lower. The last time I remembered high tx fees was during the last quarter of 2017. Even if price of BTCs reached an ATH of ~$68,000, tx fees were relatively lower during that time.

I agree with your statement.

This is actually a difficult choice for the staff if they truly want to encourage responsible gambling without infringing and violating their TOS. For the safest route, they can just ignore and not say anything to the players. If they make one (1) mistake, then they can potentially lose their jobs, therefore impeding the opportunity for their livelihood.

Again, it is somehow a difficult line to draw especially if you are an advocate of responsible gambling. But if you are a staff working at such casino and you also want to spread the message of responsible gambling, then it is better to quit your job (to avoid any conflict of interest) and be an advocate for such.

First, check the domain in whois to check the date they acquired the domain name and the creation of their website.


From the above information, you can see that they recently created the website this year and it was registered and updated on the same date. It also expires in only one (1) year which is VERY unusual for an exchange given that they must remain consistent on the market.

Like what everyone has also mentioned, this is indeed a 101% fake exchange website that you should avoid at all cost. If I were you, use exchanges that are well-known to the public and do not visit exchanges that are relatively new and unused in this forum.

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Reference: https://who.is/whois/mercadobitcoinaps.com

It is definitely normal to feel this way. We are humans and we share emotions with each other, thus, feeling empathetic to gamblers is a completely normal human thing to do.

On your last statement, that is somehow a dangerous precedent- this gives you the false hope that just because others lost more than what you did, this gives you the validation to gamble again. A loss is a loss regardless on how much value you have risked.


Technically, that is the truth but when you are in this space, a loss is a loss regardless of the value you have risked. Like what I mentioned, this is potentially dangerous as this kind of mindset can landslide by giving you false hope and rationalization. What I mean is this can compel you to gamble and match the losses of others instead of just calling it a day and trying again the near future.

Again, the initial reaction of gamblers when they lose is to gamble again by recovering such losses. Hopefully, this mindset changes as this can ultimately transition to a gambling spree.

First of all, discuss him about his gambling habits. Ask if he is a frequent gambler or if he gambles purely for entertainment as the answer will depend on the method you will be using. Second, after knowing such information, you can at least recommend him another method of gambling which is less-risky compared to the Martingale strategy. Lastly, if he still wants to use this strategy, then let him be. Convincing someone into changing something that they have been used into doing so will be futile as they are already decided with their strategy.

Though this may be the case, the determining factor here is his goal on why he gambles- does he gamble for profit; or for entertainment?

If he gambles for profit, then I would definitely try my best to suggest to him other methods in order to at least guide him in the process. Whereas if he gambles for entertainment, then let him play whatever strategy he desires.