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561  Economy / Gambling discussion / Re: Can One's Religion Compel A Compulsive Gambler To Quit Gambling on: June 16, 2023, 11:08:25 PM
I think it is possible but would depend on how strong his belief is. We are talking about impulsion here wherein it is a state that a player is gambling as part of his everyday routine, or without thinking of having to put a stop on such behavior or habit. Religion on the other hand is a belief and all of its teachings are meant to be applied on a daily basis. So if an individual would come across a religion and would take initiative to engage to its teachings, then there's a tendency for him to change behaviors and habits that are against what is wrong or in contrast with those teachings. We all know gambling is not supported to most, if not all, religion. Which is why I pointed out it dependence with the strength of that individual's faith.
562  Economy / Gambling / Re: Gambling addiction causes ear deafness? on: June 15, 2023, 11:37:49 PM
I thought this is physical deafness because honestly, there isn't any medical basis for that to happen. Anyway, if the gambler is consumed so much by their gambling habits that they no longer listen to reason, they should seek assistance with a professional for intervention, not just family and friends. Those guys can only do so much, but unless the gravity of the situation is presented to these gambling addicts, they won't really understand that what they're doing is damaging and detrimental.
Seeking professional help would be better. Indeed you may follow what others are telling you 'coz in the first place addiction is alarming. However, it won't be aided by just listening to the right thing to do. Professionals will give you steps on how to overcome addiction with basis and not just by mere opinions. Addiction is a serious state of mind, which requires thorough attention. On the ssme instance, the individual seeking for help could run into them with assurance of no judgements. There are also different approaches in order to overcome addiction and professionals will simply be able to tell which would work better for you. All it takes is to have an initiative of helping oneself.
563  Economy / Economics / Re: Rent or buy real estate - let's have a debate on: June 15, 2023, 11:12:53 PM
I would rather rent a house than take out a loan through a mortgage. Renting allows you to avoid the financial burden of high-interest bank loans and offers flexibility in choosing properties strategically located to save time and fit your lifestyle. your. Furthermore, if you decide to buy a home, buying it with cash can be a wise financial decision. This will avoid mortgage-related interest, save you money in the long run, and potentially give you a higher return on investment.
Depends on what would work on you better. If you cannot pull out huge amount to buy your own house, then you'd be left no other option but to rent. Indeed you don't need to go far from what you can provide.  If you will be able to buy a house then you'd be safe from monthly rent, that you can save and spend on other things. But as we all know, not everyone has the capability to do so. The other option is to rent; which would give you or should give you an enough space to save up and buy your own afterwards. Conflict may arise if you are not doing anything to reach your goal. Perhaps you are renting to save money atleast for now, but if you aren't doing so, then your goal won't be achieve. What's more practical is to know what would best work on your lifestyle and capacity.
564  Bitcoin / Bitcoin Discussion / Re: Are you tired of waiting for the jump? Pls Hodl on: June 15, 2023, 10:44:30 PM
Nothing's new if you're here for years, in this industry. If you know the possible reasons of the market price decline then you shouldn't be worried of things. Best thing is to wait for the bottom and accumulate more to be held until the next bullrun. Nothing would come in an instant. What happened recently with large exchangers of this industry, probably created FUD and FOMO towards investors simply because things were associated with alike occurrnce last year. Also with the CME gap around $20k, therefore it is normal. I'd rather just sleep on this one and avoid checking the market often to avoid stressing myself out. The market prices would either go up or down, and that should be it.
565  Economy / Gambling discussion / Re: Why People Still Gamble? on: June 12, 2023, 11:31:24 PM
Why? Everyone wants money, that's why. Gambling is believed to be a shortcut to being rich, by some people. But in reality there's no such thing. There's no certainty with winning and before you achieve such thing, you'd be experiencing huge loss first unless you are really lucky not to. But going back, no matter how aware all of us on the risks of this industry, there'll be still people playing and losing because of the idea that there's a chance to win the 'jackpot'. That's how powerful money is as an inspiration or motivation wherein practicality is often not being considered.

No matter how bad we view this, cycle will just continue wherein a player would be desiring huge returns, no matter what happen withoyt realizing how huge the loss already is. Some are just playing for fun indeed but majority are playing as if they are betting their own lives or fates into it.
566  Economy / Economics / Re: Getting an MBA before starting a company or directly starting a company? on: June 11, 2023, 11:06:06 PM
Getting an MBA is an advantage being a founder of a startup company. But I know company and business owners that don't even get to have that degree. But the difference is, I have also seen good founders that eventually get to learn and study and wanting to take this degree. I think the matter isn't just about learning what's with the course but also more about having more network. So, no matter what a person has if he's got a company, it doesn't matter whether you start it without having that MBA or having that. Because you're free to start it and if you've got an experience and knowledge on how it should go, you know what's best for your business.
The idea that some CEOs do not have MBA confuses those who plans to do so without realizing how important it is to be successful. Indeed there are some peole who made it to the top without a solid educational background or foundation but as we all know, we have different fate and are going different circumstances. Perhaps with experience, those who succeeded without MBA might have experienced working before which gave them the idea. So if you don't have the experience, what would you be having to give you a start?

I do view a degree as the least I can get as an individual. If I fail with my business plans I can still work in a company as an employee with my degree than to start at the lowest position. It is quite setting milestones for yourself.
567  Economy / Gambling / Re: Profit By Betting on Losing Teams on: June 11, 2023, 10:30:01 PM
I am the only one who believes this is likely some sort of advertisement campaign to some "services" which offers something which is unlikely to happen?  Roll Eyes
Honestly, sometimes it messes with my mind that there is people out there who can actually fall for stuff similar to these and other I have read in the past.

I'll say it clearly: Any person/organization who can get guaranteed profits constantly would not have a reason to promote themselves and ask for other's people money to spoil their own secret

Of course, there are some legitimate tipsters but we should be careful where we put out hard earned money on, for Satoshi's sake.  Tongue
No mate , I also have that same thought because obviously that OP is presenting His own site by holding His name so what we can expect here?

and checking the threads created of OP? yes he is promoting that said site .

_________________________

But about the topic? well How many times that I consider betting in losing team but it is harder to make through .

Maybe better to bet in any team that you believe will generate you profit .

Probably the only instance I would think of myself putting money on a team I do not like or I don't trust in, it would be that both teams facing each other are almost as equally bad, in comparison so I would go in with a small quantity of money which I would not mind to lose in a single bet.

Who knows, life is unpredictable there has been cases of very unexpected winners, and those who bet on them can get juicy rewards.

But to be honest with you, betting on something one does not have much hope in sounds rather like gambling and not betting, there is an important difference between them.
You gamble, means you bet; these two are the same. Do you win 100%? 'coz if not, that simply makes gambling a "gamble", meaning, there's no assurance with the result. You can indeed create yoir own analysis of the possible outcome but that won't guarantee winning. With regards on betting to a team you don't like, no one would force you to do so, so if you still did, that is your initiative. You don't need to like a team for betting into them, it is probably yoy saw something or some sort of chance which made you bet unto them; homecourt advantage, star player of opposing team won't be able to play and such.Unless you just cannot help not betting on a single game, that would be a different story 'coz you might be addicted into gambling.
568  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Algorand dead or can it recover? on: June 10, 2023, 11:46:19 PM


The price is far from their ATH. I think it's very difficult for ALGO to recover. They have a max supply of 10 billion which means they still have 3 billion coins that are not on the market yet.
I believe ALGO is a good project but the SEC has complicated the situation. What ALGO has to do is follow SEC regulations like ImToken has done and they are recovering slowly.
The chance would be on the next bullrun or uptrend problem is, as we all know, there's no guarantee on such thing. So if I were one of those who are targetting this coin to invest, I think it would be better to enter during 'motion' than to make a guess at its bottom. If there's again a huge volume or perhaps the msrket price is 50% away from its ATH, I think it would already be a good entry point but if it won't be able to close the gap then that should give us a doubt. Also, we should not be limited into it. There are many to choose from which are showing better market price behvior which also shows better potential.

I highly doubt that it is dead already gigen that there's still volume but not as high as we knew about it. It could be taking its time to recover so holders should still have hopes. But as others have said, to those who are planning to engage bevause of its ATL, I tjink moving to other options would be a better idea for now.
569  Economy / Gambling discussion / Re: Are you guilty of promising not to gamble for specific days but back next day on: June 10, 2023, 11:08:46 PM
If you are a good gambler, you need to discipline yourself. Discipline is very important for you not to lose more than you are expecting. This has happened to me in gambling before, but it is just an addiction which you have known and need to stop doing.

In life, do away with greed, learn how to control your emotion and completely discipline yourself.
Why do you think you need to discipline yourself if you're a good gambler ? I don't understand. If you are good at gambling, you don't need to gamble less, it would the same thing as saying if you are a good worker you need to discipline yourself. Usually people say it's better to work harder they don't say it's better to work less.  Gambling is bad for people losing money but if you are able to make money, it's not a bad thing for you IMO.
Discipline would be always needed. No matter how good you are, it is gambling we are talking about. In gambling, winning is uncertain. You could be good at it such as winning more often in comparison with other players but if you're unlucky, then you'd lose. Indeed there are people who makes huge money out of this industry but before they got into such situation, they have lost huge amount of money as well during the process and for sure even at the present. If they won't be disciplined enough, their huge winnings would be eventually consumed. Risk would be a part of daily life for gamblers. Know when to stop and when to continue in order to manage the risk of true gambling addiction.

Money is the bottomline which makes gambling a powerful activity. Frustration and greed may take place causing danger to one's savings or future life I guess. Think of how many gamblers who ended up selling their properties because of their greed from playing and wanting to take back all of their losses.
570  Bitcoin / Bitcoin Discussion / Re: Is Crypto another form of gambling? on: June 09, 2023, 09:56:01 PM
I was kinda surprised when I read the news from Financial Times that the cross-section of the UK's MPs that seems to see it as needless to regulate cryptocurrency suggested that it should be viewed as "a form of gambling" and be regulated as such.

Without relying on my own understanding of "gambling," I quickly used the help of the Oxford Dictionary through Google, and it states;

1. Play games of chance for money; bet.
2. Take risky action in the hope of a desired result.

The second one seems to fit crypto best, so it's clear they know what they are saying.

Now, do you agree that crypto should be seen as a form of gambling? And if this eventually comes through, what should we expect as the constraints it might still bring to the crypto space?
One of the simplest explanation as to why anti-crypto supporters believe that cryptocurrency is gambling is because it's value only depends on how many people want to buy it. They say bitcoin isn't like commodities, people will always need to eat  drink coffee.  According to them, these commodities can never decrease to zero in value but bitcoin can, as soon as it goes out of fashion. The value of bitcoin only increases as long as more people are buying in to it. That is their logic and they are dead wrong. But what they do not talk about is the technology behind bitcoin that is the decentralized financial system is not always talked about.
Or simply the extent of how much they know about it. Most of non-crypto investors view cryptocurrencies as a currency with a volatile market value; a hybrid asset. Decentralization is indeed another thing as its characteristic but since we are talking about crypto as an investment, risk would be the underlying factor as we all know.Those people who only invested in this industry without putting an effort on learning its nature and complexity are the ones we may call gamblers of this blockchain. They simply invested on the tendency of having returns and not to this technology itself. From that, they only grabbed the profitable aspect of it and not its usage and purpose, I believe.
571  Economy / Gambling discussion / Re: how to get over it on: June 09, 2023, 08:59:57 PM
I’ve turned $1,000 into $100,000
I’ve turned $6,000 into $80,000
I’ve turned $11,000 into $550,000
and recently I’ve turned $4,000 into $90,000

With nothing to show for it…I’m a sharp sports bettor, but I always end up going all in. I can never be satisfied until it’s too late. I always need to go all in.

I’ve been reading comments from my last post (turning $4,000 into $90,000 and losing the entire $90,000), and I can’t help but feel like shit.

How do I get over the countless failures? I’ve been chasing the $1,000,000 dream for years.

You talk about your wins, but what about your losses? How many failed attempts were there before you were able to make such big multipliers? If the amounts spent on attempts are already greater than the amount of winnings, are these winnings so good? And will you be happy when you win the coveted million dollars if you spend a million (or more) on these attempts?
I thought I was the only one who saw the fact that winnings were cited but the topic is concerned with failure and losses. But on my end, if I happened to win on multipliers or to simply win, and losses are still bigger, I'd still be happy I guess, atleast 'coz I'd rather choose making my losses smaller than to just continue losing on my entire gambling activity. It actually depends on one's tolerance; some would give up already once their losses blew up their wallets. For sure many gamblers who won the jackpot suffered from huge loss unless they are just lucky enough as a gambler. And if I spent millions to get a win, and the reward is bigger, it'll be props to my efforts and would for sure be happy 'coz at last, I experienced winning bigtime.
572  Economy / Services / Re: Roobet.com | Art Contest "Mr. Roo Rocks The Cosmos" | $5000 ~ Ends May 31st on: May 31, 2023, 06:02:54 AM
Roobet username: jayamen
BTC(segwit): bc1qg4c67rpy25w8wrveh7cm3ulp02kn9r7shlkrep

Mr. Roo rocks the cosmos: UNIVERSE TOUR

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Final art

573  Economy / Services / Re: Utopia P2P - New ChatGPT Asst. & Web Proxy 💎| Signature + Chat Campaign | Sr+ on: May 27, 2023, 02:50:45 PM
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574  Economy / Services / Re: [Relaunch] Sherbet.com 🍭 Signature Campaign | Reward up-to $130/w on: May 25, 2023, 01:47:14 PM
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575  Economy / Trading Discussion / Re: What your opinion? on: May 25, 2023, 01:43:27 PM
Either trading or investment,
I would always advice,
Have a clear knowledge and understanding before you start,

Don't start with any amount you can't afford to lose,because it's a 50/50 it's either you gain or loose,

Don't invest/trade with loan,
Op this is my little advice....

I completely agree with you that one should not join any market without experience. It is true that their is a 50/50 chance but if you are trading with experience , than you will surely have more profit . There are many other currencies in the market that have risk of loss but Bit Coin is the only one where the risk of loss is the least. Always trade with your own capital, even if it is small, but you cannot trade with a loan, because your mind is always surrounded by risks.

The only way for you to get experience, you need to enter the market, experience can't be bought or learned from books, it's all from your own experience. So how can we gain experience without entering the market?

As a long-term investment, bitcoin can be less risky than altcoins. But if it's a trade, the big or small risk is due to your greed. You can also trade with altcoins with a minimal amount, your risk is minimal. But I agree entirely about only using idle money for investment or trading, absolutely do not use borrowed money, especially for trading.

Agree with these, you need to start somewhere so that you can gain experience in trading, but you should just lessen yung expectations since you are just a newbie. But the most important thing to consider is if you are willing to allot time for you to really had that in depth understanding of trading so that you investment would not be of waste but be the source of more profit in your part. So, I really think that it takes perseverance to really start you journey as a trader so if you think you can't allot time, then consider other things as a form of investment.
576  Economy / Economics / Re: Why you should use spare money to invest on: May 25, 2023, 10:29:33 AM
I think it is natural for individuals to choose to avoid losses in business, career, investing, and trading. This is why many of the companies implement financial policies to track investment and profit flows. Similar to any other business, Bitcoin can experience gains and losses. Well, this is where it is important to invest wisely and only use funds that you can afford to lose without negative consequences for your well-being.
If we can wait a few years to invest then it will be better for us. Because if we invest in bitcoin now we will get profit so we have to wait for a few years after investing. If we can invest in bitcoin now then the price of bitcoin will increase several times after few years.Then we will have a good amount of profit. I think this is the right time for us to invest.

Indeed, there is really a potential profit in investing into bitcoin but we should always consider our financial capability and soundness so that the money that we will be investing is the one you really afford to lose which means that this does not in any way affects your finances when something goes wrong or bad with it. Also, investing and not getting greedy with it is also important since you should set a target profit and price so that you can expect a guaranteed profit with it. You should learn to control yourself and your emotions so that you can really make wise decisions to get profit with your investment.
577  Economy / Economics / Re: Is it true that 80% of the world's wealth in the hands of 20%? on: May 21, 2023, 11:32:24 PM
If we think of the most richest person in the world we would think of people like Elon Musk and Bill Gates. But they are just famous, most of the rich people in the world doesn't even want to be exposed to the public they would pay the government or people to hide their identities to the public maybe it might be for their safety since they are rich. In short we still don't know some of the richest person in the world that might contribute more to the country to eliminate the issues but since that's not their responsibility they remain silent, so this statement could be true.

Indeed, we are just seeing small percentage of it but we cannot deny how the gap between rich and poor is significantly higher and we can actually observe this in most countries especially those in developing. We can see through the years that rich were continuously getting rich while poor people stays like that. It may be because of the wise decisions of the wealthy people and what they have is actually the opportunity to make it more since they have the resources to do so. Therefore those who are really poor who do not have that kind of resources doesn't have the opportunity to help. I think it is indeed that government cannot do something regarding this gap, but I think they can help lessen the poverty line if they just do good governance that offers really more opportunities for poor and focuses on them on helping them but that it is too good to be true since most of people in government are corrupt, what a sad reality it is.
578  Economy / Services / Re: [OPEN] Duelbits.com | Signature Campaign ~ Full Members+ | Up to $70/Week on: May 21, 2023, 06:34:21 AM
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579  Economy / Services / Re: [OPEN] AgoraDesk.com - P2P Bitcoin Exchange | Sig Campaign | Up to $80/W on: May 20, 2023, 09:21:46 AM
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Applying for Sr. Member position. Thank you!
580  Bitcoin / Bitcoin Discussion / Re: Bitcoin IS an asset. Do you think it's bad? on: May 19, 2023, 10:17:49 AM
Some people mind's Bitcoin is an assets as their investment at the future with potential raising to higher price, but don't blame with another side Bitcoin is digital payment currencies will make all transaction easy and faster. Indeed not adopt or legal in many countries but Bitcoin can help us how to make transaction payment faster than fiat and why many companies try to adopt bitcoin as their payment way.

Its not mistake when having mindset about is an assets, many people become bitcoin investor because want to earn much profit at the future as their investment assets. But with Bitcoin can adopt for payment currencies and have many advantage than fiat will give another reason about bitcoin is not an assets only but also bitcoin working well when adopting as payment currencies transaction.
Well, the primary purpose of Bitcoin was not to become an investment asset, Satoshi created Bitcoin so that it can be used as a decentralized payment method to make peer-to-peer transactions much cheaper than traditional ways and also having decentralization so that your activities are not being watched by central authorities of where you live.

It has now become an asset as well only because it has got significant success and the price rose too high, so people saw potential in it to earn profits by investing every now and then and that is how it has also become an investment asset.

Indeed, people are always adapting to what is currently happening, so the thing with bitcoin is that it is not fully utilized as a payment for now, so people are really seeing it as an investment rather than as a way of paying goods or services. It is undeniable that there is really a potential in investing in bitcoin specifically so we cannot blame those who took advantage of this. I think taking it as an asset is okay since you are taking advantage of making it as a potential way to earn profit passively when you decide to hold it. Just always know that it is still a risk to invest on this so just invest what you can afford to lose and take good decisions in your investment so you can really earn more or earn at least something from it.
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