When I decide to bet on something, I do it for the adrenaline, if we just want to win money, you don't focus that much on the game, unless the game depends solely on luck. It's true that the advantage will always be with the house, they may even let you win a little, but you will certainly lose more than win. Just yesterday I was playing, in the first or second round of a game ( fortune tiger) I got a super win of 8$, if I had stopped and withdrawn, I could have made a profit. I bet very little because I always bet what I am willing to lose. You don't bet for the money but adrenaline, how? Do you want gambling to energise you or what, or you are referring to the fun part? This adrenaline of a thing is scary to me if I must say because it is getting to some kind of extreme if what I am thinking is the case. Regardless, it is good that we gamble with the mind that is not thinking about the money, that's the only way we can relax and get the best out of gambling. Also, I agree with you about what I can simply term as the house advantage, but still, it is not all aspects of gambling that the house has that edge over the player. In casino betting like the Fortune Tiger you mentioned, of course, there is an algorithm you are playing against, and I do not think that house will let you be wining all the time. But this is not possible in sports betting, both you and the house have equal opportunity. They can only be praying that you do not win, that is the worst they can do. But for them to tweak anything against you, that is not possible, at least that I know of. Above all, I like the plan you are going for, you are betting with a small amount of money which is what casino gambling takes, otherwise, you may lose too much and be bitter with yourself. He mistaken Dopamine for Adrenaline, which is the hormone responsible for Joy, pleasure and happiness. You're right, about sport betting is all about using the opportunity presented to you and is less manipulative compared to casino gambling which is mostly algorithm based and manipulative. In all we need to apply risk management because at the end nothing is certain or guaranteed to be on the safer side we all have reasons for gambling let be cautious not to allow it consume us. |
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Indeed, addiction is really a difficult situation to battle for those individual who became slave with it specially when bad habits remains a redundant actions. Giving reminders and warning to someone who's not absorbing our thoughts is kinda exhausting, and its not worth it for someone who has no plans to change their mindset and attitude. In reality we couldn't force someone to stop, since they all have their own personal reasons that hinders them to flee from gambling quickly. Some people said that they have perfect time for everything, then there's no need to have repetitive advice and it's up to them if they'll going take those helpful words of wisdom.
This is why it's usually said that before you try to help an addict, make sure to the addict is willing to let go of the addiction before even thinking of helping them because that way helping becomes easier but if you are trying to help someone who isn't really willing to be helped or isn't willing to drop the habit as at the time when you are trying to help, then they will end up making most of your efforts vain because in the end you won't be able to achieve that which you desired to achieve trying to help them because they aren't even willing the be helped in the first place. Some one who's actually really willing to let go of their unhealthy and irresponsible gambling habit doesn't need so much of advice for them to agree to letting go and getting help so they will be better to break free from such habits so helping them becomes difficult. There are many people who are addicted to gambling who do not understand their addiction. But there are many who consider their gambling habits and realize that they are addicted to gambling. But understanding addiction is not the only way a gambler can recover from his addiction. There are many who understand but still cannot quit gambling. Those gamblers definitely need help from another person. But there are many gamblers who do not seek help from others. If someone wants to help them, they can refuse them. If there are people who don't want help, there is a possibility of getting into many more problems who want to help him. Perfect example and view. We should be aware that when it comes to gambling addiction or any other, willpower is broken and Dopamine is always seeked in the process which makes it look hard for gamblers to quit even when they want to. The truth is they failed to recognize it at an early stage, I believe with persistent self discipline and control with help of others am sure they can be free. |
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This is why I have always thought that kids and teens have a responsibility to share as well, the access to anything that we may want has become easier than ever during the last decades and this tendency will do nothing else but to get worse, so parents cannot be held completely responsible when their children misbehave, because at the end the ones that will suffer the negative consequences of their actions are the children themselves, so they need to do their part too if they do not want to end up with an addiction problem at such an early age.
if you are still a child, then bad deeds must be borne by their parents. and that can be considered the fault of parents who are negligent in educating their children. It is indeed very difficult to supervise the bad things that children do. there is a tendency for children not to open up to their parents. but if you are a parent I think when you see something unusual about your child, you will notice it. and the role of parents is important to guide in this matter. At least you have to know what your child does when playing and who they play with. The problem is that it is difficult for us to control our children in the world of social media. And I disagree, a parent could do everything right, like setting parental controls on the electronic devices of their children, spend time with them, and warn them about the dangers of specific behaviors, and if the kid still engage on those behaviors then there is nothing the parents can do, this is very similar to the experiences many of the parents of addicted teenagers go through, in which their parenting is questioned and a great deal of them did everything to prevent that situation to happen and it still happened anyway. Fact. There is a saying; "A child that will misbehave will still misbehave", no doubt but this is to some extent as many with the right parental training follow the path set for them. This is also applicable to many of us, at one point in our lives we deliberately violated some rules out of curiosity to find out some stuffs that our parents did not want us to know. So I will say many of them act out of curiosity and end up not coming back, in essence we all need to try our best because it getting out of hand especially social media posing more increasing on every body with enticing incentives which ain't true. |
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Does gambling needs experience or anyone +18, even the inexperienced one can also play? Though playing gamble has a limited age grade or age bracket and the accepted is from +18 years and there are some casinos hall at the door post, it is written clearly that it is only people of +18 can play. But what about the inexperienced ones, are they allowed to play gamble as well? Or they are also restricted to have the fun? In my observation, there are two elements to participate in gambling. One, you must above 18 years in my country and secondly you must have an experience to play, so I want to know if inexperienced people can also play gamble.
The question itself sounds strange. How can a person with no experience get it? That is, according to your logic, a person should gain experience somewhere without gambling. This is reminiscent of the situation with work after university. In order to work you need experience, without experience they will not hire. Where can a person who has just graduated from university get experience? Nowhere. He must start working somewhere for the first time and without experience. So it is in gambling. How can a person start playing if there is no experience? Where can I get experience? It is also worth noting that a person with extensive experience will not necessarily be more successful than a beginner betting randomly. Therefore, the only entry filter should be 18+. From this age a person can take responsibility for his actions, and this is the most important thing. Usually, people will gain experience by learning what they do in casino and they will click many links on that casino to explore what they can find. Slowly, they will understand how to playing gambling because in online casino, especially in slot games, someone can playing slot games directly without having a trouble. He just needs to adjust the bet amounts without having much experiences but for the other gambling games, they needs to trial and errors to find how to playing the other gambling games. So those who +18 years can playing gambling without a problem and even they can gets addicted to gambling easily because that ages susceptible with the addiction. If those young people wants to playing gambling, they must have strong self control to stay away from the addiction. shivansps should not confuse of the question. It is a simple question of yes or no then your explanation why you think gambling need experience or why gambling doesn't need experience. The first day when I started my gambling, experience was need because I was just hovering around the casino website and I don't know what to do untill a friend came and taught me how to bet the odds. If you don't have experienced you might lost you funds in the casino if you have deposited. Because you might clicked a link which you supposed not. Well said. Experience is built from inexperience which leads to awareness and perfection. When it comes to gambling for the first time, you learn from others and seek there guidance before gambling, if you want to do it all alone you might loss your money especially in games involving odds and a bit complicated but if it dice, bottle flip that is easy going. In essence, directive is actually needed as a beginner. |
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OP your interpretation is dumb and baseless. Anyone can win in sport betting which is by chance but the chances in itself of anyone becoming a Millionaire through sport betting is slim, as such only happens as "Luck" as others termed it to be.
It is not guaranteed neither is it a means of wealth generation, the earlier we understand that everyone is different and also on a different path will keep us away from making silly assumption from others story.
OP, I ask you, have you made a Million from gambling or a Millionaire since you're a gambler?
To make me believe anyone can be a Millionaire through sport betting.
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Of course, Bitcoin price will peak in 2025, because if you look at past Bitcoin halvings, you can see that the year after the halving took place, Bitcoin price pumped to its maximum. So currently this is the biggest chance of Bitcoin pumping, so Bitcoin will start pumping at the end of 2024 and end its journey in 2025. So those who are still worried about investing, invest quickly, because we can see the Bitcoin market halving towards a bull market very soon.
Actually nobody really knows if the price of Bitcoin will peak from 2025, however there is no any serious major decline on Bitcoin price that people would say that it has fallen to the extent that it will take time before coming back to it normal price and also in as much as the price normally peak up from next year on most of the previous halving doesn't necessarily mean that this year would also be the same because the fact is that nobody really know the movement of Bitcoin so the best is just to keep investing because one thing we no for sure is that Bitcoin price will surprise everyone in the future, so perhaps even if the price has not really gone far after creating a new ATH doesn't mean that it will remain the same so the earlier people utilize the opportunity and continue investing the better chances they will have. That's right, how much the price of Bitcoin can touch by 2025 is unknown to everyone. After the ATH, the price of Bitcoin does not drop significantly, but it is not at all unusual to go to the zero level in the future. It is volatile but has a lot of potential and you can certainly be optimistic that by 2024 it could touch $100k with maybe a few ATHs. The market is currently crossing positive levels and it has crossed through corrections in the past few weeks. So you should be inclined to accumulate bitcoins because the price may reach $100k without any correction in the later periods. Instead of paying attention on the situation which bitcoin could possibly reached for $100k maybe its better for us to plan out next action to do since if we are not doing anything like accumulating since the only thing we do is to monitor without having any bitcoin hodl on our wallet then our monitoring will became so useless. So its more better while speculating we also do time to time accumulation since this action could possibly give us more ideal results. Since for sure if we don't buy anything and if the price of bitcoin would able to rise in that figures then provably we will be one of those doubters who will regret that they didn't accumulate bitcoin earlier. Some people maybe got afraid on possible correction that might happen since for what they think ATH has already been reached. But as we said again that once bitcoin could successfully land on that six digits in futures then provably they will be happy but their pocket will be empty because they didn't get anything from historical event what bitcoin acquired again. As you said, we should consider the next line of action in our investment, Bitcoin portfolio, Accumulation process and just allow the market do her thing. I mean, I cannot remember the last time as others say analyze chart. Am only concerned about investing, holding, accumulating and building a solid Bitcoin portfolio because I understand the value of Bitcoin though not being too optimistic but already prepare for whatever outcome. Many keep, tracking while others are building let not deceive ourselves. |
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The first is to accept the risk and have a plan for how long you will hold it. And you can use some money to implement your plan, and you can buy dips every now and then with a little bit. And by buying bitcoins you can be successful if you accumulate bitcoins in a solid wallet for a long time. Because investing for the long term can buy bitcoin anytime as our bull run is about to begin.
Having a plan before investing is of course very important so that we can determine the target we will achieve in order to make a profit. Deciding to buy when it is experiencing a downturn certainly doesn't hurt, but we can't know for sure, therefore it will it's better if we can buy as much as we can and can survive for a long period of time, yes of course we will immediately get a profit because it is possible that in the next few months the price of Bitcoin will increase. I don't think if there is anytime you buy Bitcoin that it will hurt, buying Bitcoin doesn't hurt unless if you are trader for Short term profits may be probably you bought Bitcoin and after buying it dip further while you are expecting it to go up in order for you to see profits as soon as possible, that is the reason why it is always advisable to treat Bitcoin as a tradable coin, but any one buying Bitcoin to hodl for long will not get hurt even on buying or seeing Bitcoin making an uptrends or downtrend because the plan is to hold for longer period of time and not for few dollar profits within a short period of time. Some persons will keep learning the hard way and many will still learn, I do not understand why many are driven with quick cash in Bitcoin Market, neglecting the value of Bitcoin and the benefits of holding and accumulating Bitcoin in a long run guided by plan and Target. Bitcoin is not just a mere coin, many are still deceiving themselves claiming to understand the value of Bitcoin yet, still approaching it wrongly. |
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I read through everyone comment, I saw some in support and others against the ruling.
What I can say is, AMERICA HAS FALLEN, where pedophiles,gays, drug addicts, Molesters, sex traffickers, satanists rule with a fallen system against all Real Men.
Nice move, I await the Town Hall Trump will have with Elon Musk. All good, he is now a criminal,lol says those who do worst just to cover up there evil.
The world is aware now, let see how it goes......
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Every reasonable person understand that paths are different with different challenges ahead, success stories are meant to taken as a motivation, inspiration that gives one the hope that he can suceed or do same in a particular space.
If I get you correctly, you are trying to point out the necessity of new investors having a grounded knowledge and not jumping into the market because of stories or podcasts but rather it should be taken as a process.
You have your story, so as me, it a matter of subjectivity and not a conclusion.
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Well said, OP. But your point is misleading you thinking fait will be out of existence is an illusion, no matter how far the world develop fait will still be in use, guess you understand that we can't do anything about that.
Holding has been and is the best approach when it comes to Bitcoin Investment, we need to have patience and as well keep accumulating with a long term goal, and after that you choose what you do with it, not about giving to grand kids or freedom as you say. It the profit, the return that can give one the freedom.
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~
9 years old, tuff one we should treat gambling as a drug so age restrictions are probably a good policy the thing is that many parents don't care that much or don't put such a good filter on this... crazy but true. Gambling is like a drug, but to people known as gambling addicts. Just as food can act like a drug to people who are food addicts. Gambling, per se, is not a drug. Rather, it's an entertainment activity that most people around the world enjoy without becoming addicted. The risk of getting addicted for young people is high, so, you are right saying that age restrictions is probably a good policy. I would even remove "probably" from your sentence for clarity, because it is surely a good policy. True, age restriction is a good policy which I believe should be a stable law on all casinos especially online casinos. Gambling Addiction is same like a drug addict just that they consume different product with same urge for Dopamine Rush in the body. The younger ones do not have the emotional balance to keep up with this or which might lead to stealing, pickpocketing, and emotional imbalances from losses and still yet the quest to feel Dopamine rush. This has lead to several incidents which never ends well, let join hands to fight under-age gambling. And as we know it a big fight when one is addicted. |
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People who can not control his greediness in gambling will falls deeper in gambling without seeing that he is makes mistakes. When people becomes addicted to gambling, he will not thinks about himself and only want to playing gambling and when he win, he wants to get more win and at that time, his greediness will becomes big. He will not have a chance to control himself and that will only makes him deeper in gambling. Both greediness and addiction can makes someone's lives ruins and can not see what happens to him. That is why we must have good self control when playing gambling so we do not addicted to gambling and we can control our greediness. Playing gambling is just for fun so we can always limits our gambling activity and not trying to playing gambling excessively which can effects us to addicted to gambling.
I do not agree with this, addiction could make you fall into a pit, and being too greedy could turn into addiction as well, but greed itself is not dangerous at default because it can be stopped. You could be greedy once, and learn your mistake and never be that greedy again, in that case greed isn't bad because it teaches you how to do better. I personally believe that we are going to end up with something much better one way or another, and should definitely consider how we can get better from it. Addiction on the other hand is not something that would be all that great, we should consider how we could get better and how we could move forward with it, it shouldn't be really all that complicated because addiction is much worse. And I believe that greediness can be stopped as we realized that we are doing wrong but addiction seems to be a big challenge for everyone that hardly changes. The more we chase losses, the more we become addicted, and the more it becomes disastrous to our lives. Maybe, if we can stop our greediness to the fullest, I believe this will end everything we suffer which I believe it is the main reason for addiction. Having these things, gambling is not enjoyable anymore and this brings us to the worst scenario as we are about to compromise our lives mentally and financially. Honestly, it is too lucky to see a gambler who is addicted but not greedy or vice versa. Well said. I believe Addiction opens the gamblers to greediness, over expectancy, and other bad gambling habits. When one is addicted he can devise any means to satisfy his urge and quest, getting addicted is very bad and hard to cut off from, one can learn from a mistake he made from one game, immediately stop being greedy after then as some of us have been greedy and stop it but when it comes to Addiction that is not the case, it affect you emotionally, financially, and even in Relationships. I would say, we prevent getting addicted by all means, this is the ultimate source of bad habits which never leads to happy ending. |
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To me I just understand that gambling is a habit that you can develop with time and it’s done to addiction. Well so many people can also see gambling as a hobby because some people is always happy when they are gambling do they don’t gamble with much amount of money, the gamble with some small and they always see it as a fun to them so they don’t feel like gambling is a bad habit. That is just the truth about the whole analysis do my own understanding is how I feel about gambling.
The thing is, as much as you enjoy it and you're not disregarding the life that you have right now then gambling is serving you good. But if you see it, as a fulfillment of life then you're doing it wrong. Just treat it like a hobby. Not a job because it would put you a stress. Not as an addiction because it will take away your life from your family or career. Just play it like how you play your guitar ono your past time. And maybe, you get some jackpot some times or even just penny win. As long as you enjoy it. Correct. Just recently, I lost some funds on a gambling site that offers local currency as a deposit. I was so shocked that 160 times on a 96 percent RTP bet, I never won a good thing. That kind of losing streak never happened to me. After it depleted my balance I said to myself I won't be back and I never did come back for casino games for a day. I went back to sports betting instead and found peace in it. It's truly stressful if you are expecting something from it. I expected at least a good win like x5 - x10 of multiplier before they rekt me but none happened. We cannot treat it as a job because it is not, there's never a winner everyday unless you are playing skill-based games like poker against another human player where you could dominate them. Well said. Gambling is not programmed for us to win, it is business oriented and as such casinos will devise means to implore for them to be at an edge over gamblers. Anything done during leisure time which is pleasurable is termed Hobby, so if anyone engages in to that way it is hobby for him, but we need to understand the implications of gambling excessive and possible Addiction problems. In essence self discipline, moderation and limits should be incorporated. |
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In gambling, losses are certain. The best approach against gambling is getting satisfy and asking yourself wether or not you wanna risk this amount to get .... potential winnings.
Lack of satisfaction on a bet is what leads to greed, thus you expect much, and want big wins than normal which always leads to the regret of "I had know".
In essence be satisfy, and always remember a mansion was not built in a day.
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This is a rhetorical question without a definite answer. The more money we have, the more we wanna build and have more. Just like our needs, wants, desire and taste changes along the line. I can't tell, it up to you as an individual to answer we just need to understand that we shouldn't allow the quest or chase of papers take charge o we our Life. "Money answereth all things ", and the originality of evil also comes from "Money",
I can then say, the feeling of satisfaction for the one you have, is the enough money which can provide you the comfort you need.
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Quitting a job for Bitcoin trading isn't a right choice any trader should think of.Bitcoin trading is risky,the chance of losing is more than that of winning.Experienced traders might not tell your their losses not to scare you from trading but never quit a befitting job for trading.A trader can trade during his leisure period it doesn't necessarily mean that the person should quit a job for trading.
Exactly, unless the person is so expert in trading, then going full-time and leaving the stable or corporate job is possible, but if a trader decides to quit his job just because he wants to start doing trading without having long experience, then that's a shitty move, because who will want to quit their job just to risk it in trading? trading is very risky itself, so you will quit your job. Then that's like suicidal. Even me, who has a lot of years of experience in trading, am still not confident enough to go full time in trading, but I also don't want to because of the mental and emotional effects of trading. That's why I only treat bitcoin as a side hustle while still having my stable job and also other things that I do to earn money. In short, learn to multitask. If you can have your stable job while at the same time side hustle, then that's good. Well said. Trading isn't what anyone will quit there Job for, profitability overtime must be attained in Trading of which is not bed of roses but many are too quick not to understand this, thus making silly decisions and mistake with poor ending. Most profitable traders we see today had jobs at the start to keep them mentally balance and also aid in funding of account, this reduces pressure on the trader as he woild always have something to fall back on, the earlier some persons understand that Trading is not a Sprint but Marathon the better. Building the skill set is the most important factor when it comes to Trading, but many try to skip this sorting out easy path, this cannot be overstressed as many are gonna learn the hard way. |
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Diversifying one's investments is indeed an amazing strategy but just as you've rightly stated, filling one's bag with shitcoins isn't the best way to diversify, whoever tells you it is, is simply lying to you or is naive.
There are real life assets that also have long-term potentials just like bitcoin and you can consider those other options to diversify. Gold is an amazing option, it's been in the market, even long before bitcoin came into existence, and you can also consider it for its long-term potentials too just like bitcoin.
In China today, Silver is also a hot cake and quite a viable option for investment diversification.
There are so many of them to be considered.
Fuck gold and silver and the idea diversifying. Figure out your bitcoin plan first, and then maybe if you have accumulated a decent amount of bitcoin, then maybe at some point it might become justifiable to diversify, but talking about diversification into gold and/or silver makes it sound like you are pumping inferior products and trying to compare them to bitcoin when bitcoin is likely in the ballpark of 1000x better then each of them...so no need to discuss any particulars of them or to pump them, especially here in this thread when we are talking about bitcoin. I think you must've misunderstood my point... I'm not trying to say diversifying from Bitcoin to other assets like gold and silver is an option, let alone being a better option. No!
No!!
Noooo!!!All I'm trying to say is that, for those who have indeed accumulated a good number of Bitcoin and are considering diversification, rather than filling their bags with variety of shitcoins which are totally unsafe and highly risky, it would be a lot more preferable and justifiable to even consider investing on real life assets that guarantees the safety of one's finance, and have a good track record or longevity and long-term potentials, but that doesn't mean gold's potential could be compared to Bitcoin, because bitcoin has undoubtedly proven to be the most profitable and safest asset to invest in. I understand your point, Mate. Everyone have different view, I buy your idea of diversifying but that will be valid when you have gone or have reached a certain stage of accumulation in Bitcoin (have enough stash of Bitcoin). It up to anyone to decide were he/she would like to invest because we cannot necessary build only our Bitcoin portfolio, there are still many areas, like me I have future intention of venturing into Oil and Gas, but for now heads down to build a solid Bitcoin portfolio first, this also relate to disposable income available, and your income generation in general. Be consistent, focus on Bitcoin, and accumulate as much as you can with a strategic plan. Later on depending on how far you have gone in Bitcoin Investment, with readily disposable income you can then decide on your next line of action. |
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Bitcoin and Ethereum options which are worth billions of dollars, expire today. The put/call ratio is 0.61, which means that more calls (longs) are expiring than puts (shorts). Can anyone with good experience in trading, tell us what that means? Does this mean that if many long positions expire today, the price will go down and bears will become stronger? Or will the price be mostly unaffected by this? I have opened short position and I am a little afraid because I am getting charged for my position for weeks and the price is stably above 60K. I want it to go down to 50-55K.
I believe such post, should be in Trading Discussion since it is trading related, we only discuss possibilities of Bitcoin reaching $100k, thus bringing trading related topics is misleading in this thread. If long positions are expiring, and short positions still open then it means that the bigger boys are shorting. It would be easier if you save your head, and see Bitcoin as a valuable asset were you accumulate and hold in a long run better than fretting, because of some fvcking policies. |
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Right now my only plan is to keep on buying or investing, I am looking to buy more alt-coin that I think is cheap right now to expand or make my portfolio bigger.
I would wait for the next bull run, and decide what would I do with my profit and capital when it comes.
Right now I am also putting my savings in crypto so that it wouldn't just sit on my bank account, and it could also ride the next bull run.
Excellent motive, with misconception on how to go about Bitcoin Investment. There is no need to add shitcoins to your Bitcoin portfolio, I would advise you focus on Bitcoin alone and forget about shitcoins because it won't yield any desirable results and a form of wasting resources. I guess, you're influenced by the pumps and illusions of shitcoins, in as much as diversifying is good, I do not buy you idea of shitcoins. "Putting my savings"? Wow, i would ask if the savings you are trying to invest in Bitcoin is for a long term (4-10 years), and not some money you would use for something else, in essence i would advise to simplify this, we have a method known as DCA, at least you can consistently use a certain amount to accumulate Bitcoin either weekly, quarterly, monthly. You just have to develop your plan,and have discipline as you journey. |
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Some religion don’t really like gambling but they don’t criticize it or have to punish someone because of gambling. The only time they do is talk about it a little bit teach people on how to be careful why religion talk a lot about gambling. If you gambler, you are committing sins in the site God meanwhile some are different, to me let not judge any gambler because gambling has been exciting right from the creations we should know that we can decide what to do and gambling is not a sin to me, it is a game of choice that help people.
Well said. Religiously I believe Gambling is a sin in some religion, everyone live by there decisions and choices of which even God gave us the free will., belief is subjective and does not necessarily need to be influenced by any religious sentiment even though they guide us to live a purposeful life. In a nutshell I would say, it is a matter of choice wether or not you believe in the religious sentiment because it still choice. |
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