that's correct, a huge amount for the poor could be a little change for the rich. Hence the rich risk more. The questions of who should risk more is dependent on their personality, based on their level of exposure and mindset we have some rich and poor folks who gamble based on their financial activities or their pre aim of gambling. Those who gamble for fun are likely to spend less in gambling while to those who gamble to make extra money might be risking more to make sure this dream come true for them

When you make gamble a source of income, the thoughts like this would begin to flood you mind. What is the need to double your money and when if not that you'll be putting it all in one stake. We are unable to tell the future accurately or even boost that we know what's gonna happen the next second or minute, and that why taking such risk is uncalled for. I have heard of some persons who used their salary after their monthly pay to try gambling, and unfortunately for them, the 2odds which would have doubled it went sideways, and all they would have taken home for the month,  but they choose to listen to the tricky advice of gambling

Most persons started off with gambling for fun and after which they have kept a continuous relationship with gamble, they end up becoming addicted. Asking how much of your salary is to be used for gambling is a bit suspicious, and it could mean you have already started using more than you are supposed to use. As gamblers, when you don't understand the function of gambling and you take it as a means of making money, you'll definitely end up spending more than you ought to spend from you salary into gambling.

Sometimes the excitement of the wins make you lose again and that's because their is no focus on what you are doing. I have seen gamblers getting carried away by some of their wins and at the long run of everything still get stuck Back at the stage of zero, a typical example would be the fella being talked about in the bc.game Ann thread, I mean that is so fucking crazy that he makes he wins turn out negatively for him instead of positive vibes .

I would say do your own research, moreover you here in one of the most active and lucrative forum when it's comes to Bitcoin. But if am to tell you from my own side then I think even now is a good time to buy because we are expecting a massive bull run upfront although I would advise to keep a steady pace that's if you intend to hold for long, just buy Bitcoin using the most popular strategy which is the DCA STRATEGY.

Aside that, you omitted one of the major importance of crypto currency, that fact that there currencies are volatile is a good distinct quality. Traditional fiat bank is bound to experience inflation where by its value drops, just like what our currently is experiencing right now. But in coin like Bitcoin, the movement can be predicted and almost accurate. Bitcoin has more quality than the traditional fiat currency. The importance of the traditional fiat currency should not be over emphasized especially when in comparison with crypto.

This is one of the most interesting features on using a non custodian wallet. The fact that you are your own bank and and customer service when even you encounter any issue. One of the reason a Ike a noncustodial wallet is that, it's difficult for someone to run into any problem without resolving it your self easily. All you need is to get few basic knowledge and you are good to good, unlike traditional banks that you could be delayed for only trying to upgrade your account transactions limit. Aside mempool congestion that increases the transaction in all transactions, the non custodian wallet is far better than a traditional fiat bank, all it takes is your security consciousness to safe keep you seed phrase properly.

I bet that there are still some smart kids amongst them who would discover the dangers and threats gambling pose to their finance, even without anyone telling or advising them. It's improper for a kid to gamble under the restricted approve age by the government and the gamble itself,  it lets not assume all the kid who would gamble under the he age are dumb enough not know what they are getting themselves into. Though their minds are not yet mature enough to make good informed decision, but let's not forget that they are becoming smarter than what we use to be at our team age.

The mentality of getting rich from gambling is one of the driving thoughts that get someone absolutely prepared of getting into addiction. Most addicted gamblers started off this way and after losing enough before so e of them come to realise that gamble is not a way of getting rich really quick. It quite unfortunate how some gambler keep trying over and over again only because they think their appointed time of hitting the jackpot is close. They often end up in regrets after they must have spent so much that cannot be replaced any longer. Gamble has a way of tricking you, and one is , by letting you get really close to wining  a big bet while a single selection might be the odd one amongst all the sle toons you made so far.

Yeah it's true majority of gamblers gamble because they want to make money, but I quite disagree with the fact that without money in gambling people won't play the games just got fun without any stake. Take for instance the poker game, it was originally a family game were member of a family would seat down to play and have some fun together, also the dice game would still be enjoyed even without gambling. However gambling only make the game to be more fun and serious especially when your money is at stake here. Then talking about the casino games, usually their are some online and offline games we play for fun sake and if we could do that their is a high tendency that some person would still play those casino games without stake, the pool is a greater example.

Sometimes no be the altcoins sef be ma problem na the way many people wey no even sabi anything about cryptocurrency go dey promote some worthless altcoins project just because the bull market is here and even the exchanges sef sometimes dey also add this sudden hype because the amount of new projects being launch everyday this period sef go make these people dey think and get believe say altcoins nai be the main Koko but then say na until you taste  am you no go no how e dey feel.

There is no doubt that the after results to Gambling is always heart breaking that's if you are on the losing side but when its the latter the case is also different. But the truth is that only some gamblers suffer from this as you have stated clearly and those set of persons are the crazy gamblers that tend to put their hopes on gambling to give profits on their every try but the one thing most gamblers forget is that this gambling of a thing especially the casino is a business and you can't expect the business owner to lose so that's why losing is a fixed thing in gambling it's boils down to how well you are able to cope with it.

He has already started the forum with wrong mentality and it would be very hard for him to meet up with the standards of his post to be merit deserving except he works extremely hard by reading and educating himself. The forum is a place that appreciate people works by meriting their posts and replies so I would just advice you not to be this merit bound and think of educating yourself more first.

Am even shocked hearing this that some person actually do have or keep records of their gambling games because I don't know of such thing, for me it's all for the moment with my gambling habits. Although when the loses do get to me, I sometimes do a little calculation in my head just to get the figures straight.😁😁

That's too bad because I was also shocked at seeing that he lost such money after he had grown it from scratch I mean it's just so annoying and I just can't imagining myself being in the shoes of this fellow because $75k isn't any small money although I know there are some gamblers that waste that kind of funds just for the sake of having fun while gambling but this his case I think it's very different.

Person wey sell em Bitcoin now Na loose guard oo, the market still dey a bit tricky. And you wey sell now fit end up to dey at serious loss, because the hype towards this year bull for after the halving Na something else, and that alone fit cause FOMO to make many investors enter into the buy wey go make the pump start early. It has already been estimated that the price of Bitcoin after the halving go touch the range of $100k-$150k and that Na more than x2 wey many investors no go like miss. Some person sef get the mind to hold for long but when social media influencer don start to dey put pepper for the matter e go come make some of them dey sell, meanwhile dem no go return back everything when the price dip. This period an time wey things hard, and anything wey go make you sell your Bitcoin, you fit no put all back again because of one problem or the other. Problem no dey finish so Na who wise Na go maintain em finance well.

Till date am still suprised to how Nigeria is actually handling the whole chain of events because they are other approach they would have taken that would have even yielded good results rather than going for the means they took. In a case like this I feel India is definitely the smarter one Nigeria because they had the open sight to understand the benefits that comes if there just follow the right path.

Op I understand your point and it's obvious here In this forum how most newbies are treated, but that is because most newbies are just obviously chasing after merits hence most of their posts are just Hypocritically obvious. Trying to act as a pro or an island of knowledge when you are just spamming the forum is quite annoying, and that's one rules that shouldn't be joked with, as it has lead so many accounts to ban or tags. As a newbie your primary purpose is to learn before making contribution, but most newbies make the mistake of skipping the learning part and just go straight to hunting merits, which is absolutely wrong.

Advising the person before they even get Into gambling would be the best idea or way to helping them escape addiction. Most gambler get into gambling based on the result their friends or relatives get from gambling and that to an ordinary person might think motivation is the key way of succeeding or even trying to make millions over of their bets. Though it's possible as such scenarios have occurred before but that was luck speaking, and not everyone has that same luck. And one thing I've observed from gambling is, the way it tricks newbies by making them have some couple of wins at their initial stage of gambling.

I don't live my life to try to impress any one, so fuck anyone who tries to say shit behind my back, I don't fucking care. Besides they are not the one paying my bills. In this life, I've come a findings that when you keep living to someone elses expectations, you might even end up forsaking your purpose while helping them fulfil theirs. It's quite unfortunate how some persons are just Hippocrates, trying to cover up with the image of good friend and yet they are the back stabbers praying for your downfall. I'm not after making myself wealthy over night of gambling and that why I don't gamble irresponsible or even getting addicted along the journey.