Gambling Affects your life either in a good or bad way in the long run. Some of those effects that can change your life are:
Good Effects:
*Can make money easily (not guaranteed)
*Gives so much pleasure
*Meeting new friends
*Can increase your assets
Bad Effects:
*Big loss
*Increased on your debt
*Loss jobs
*Depression/Stressed
*Broken Family/Failed on relationship
*Insufficient Funds
Despite of this effects many people are still want to continue gambling, how can you handle this possible effects of gambling in your life?
I just like gambling if only good effects will do but as we all know in gambling there are only three will happen, win, lose, tie  In your list all good effects are already happen to me, while in bad effect maybe big loss. I just gamble what I can afford to lose. Out of three things you listed that will happen in gambling I think the losing part is more possible that the other two that is why I stay away from gambling and focused in other things like making my life more better by doing something for my future than wasting time trying my luck in gambling which is very impossible to happen. |
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Is buying BTC currently a good idea, or should I be going with ethereum?
Pls suggest...
Bitcoin and Ethereum are strong coins if you are confused which one to buy I suggest you buy both of them and then hold them for at least 5 years. I am confident that by that time you will be very rich but it will depend on how much you will buy. |
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I have lost more than $2,000 and as much as I want to worry about it I rather just stay away infront of my pc and just leave my coins for the mean time. The market is on bear and we have to accept that because after all this we will see the bull run just be patient.
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I prefer using bitcoin for gambling because I am comfortable using it and I can easily convert it into fiat if I win in our local exchange.
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There are many reason why they are dropping down but most of the time altcoins price goes down because bitcoin is going down. People panic so they sell their coin right away afraid that price may fall more others already set their stopbloss and it triggered when everybody was dumping.
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I guess they only do that to avoid money laudering activities in the ICO. Besides, no one wants to be known as the ICO that criminals use it move their ill gotten wealth right? I think I've heard of wallets doing this also. You have to verify your identity and the more info you put it, the more you can withdraw and deposit.
Yeah its a way to protect the business from people who will harm the company we all know that there are plenty of scammers in the internet. But other purpose of the KYC specially when you join ICO is that the country you belong to is not allowed to invest in certain ICO so they need to know if their investors are not violating anything. |
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Yes I make sure to secure my profit whenever I get a good trade I think I always make it to a point that I get 15-20 percent of it just to be safe and this is also the money I use to pay some bills so I need to en-cash from time to time.
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If you already profited from your bitcoin investment or from yourbtrade then there is nothing wrong with selling some of your holdings specially when you need the money. We all know that bitcoin is not widely use as of the moment so if you need to purchase something and you’ll need big amount of money then selling/converting your btc is okay. You will earn it again in your next trade.
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People like me who is not really fan of gambling will think of quitting right away after we lose even a little amount of money. But for those who are already addicted in gambling losing for them is just a part of the game and their mindset will be whenever they lose that day they think that its not their lucky day. After fews days they will be back in gambling again.
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I think it will take time for the people to get comfortable using bitcoin since this is something new and when you talk about its deep core mostly people don’t understand it but I think this is something we dont need to worry. Adjustments is always there whenever something new is introduced so lets just take our time.. Slowly but Surely.
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What was the amount with which you started trading
I mean your very basic investment and was that your extra money or required money?
I forgot how much it was but I am sure that I got the bitcoin from farming in many faucets I never put a penny from my pocket when I was still new in trading. |
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for some people, the reason they gamble is to benefit from the capital they are staking early in the game. but for some people again, they gamble just for having fun.
I belong to the people who just gamble for fun because I have learn from my experience already and have proven that I have no skills to be consistent in the long run. If I make gambling as a serious activity, it will just eat me alive and I will just be making a suicide, now even if I lose money, I just have to control and in the end I will just have fun. Gambling once or twice a week may better to avoid addictions and use only the money that we can afford to lose. Gambling just for fun but with full control of our emotion. For me its better not to start gambling at all.. Those once or twice a week will turn into a bad habit specially when you taste the feeling of winning in gambling. So it would be best to stay away and just look for another things to entertain yourself. |
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I believe that pundi X has a greater potential to grow at this moment as the dev releases a big news, Also pundi X have a chance to be listed at the number 1 exchange in crypto and that is binance.
Yes a lot of good news with Pundi X and it has been doing well since January I think this coin has still long way to go and I am seeing that this will be one of the coin that is useful in our society. |
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If you came here to become rich then you have to be patient you cant be rich overnight dude those who became millionaire waited years for it to happen. And you obviously bought when everything went on top so I guess you got FOMO, I hope you learned your lessons bro and don’t worry younstill have your chance of getting rich but giving up won’t make you one.
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I believe that in the future all of us will adopt cryptocurrency and it will be put on a major use but I don’t think its gonna happen in 5 years people needs to adjust and not everyone is going to switch right away like what happened to the internet. What I do know though is that in 5 years cryptocurrency is going to be more popular and more established by that time and I hope that people will start investing now before its too late for them.
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Some people think that strong feeling affect the outcome of your bet. But for me its all about luck., what do you think guys.
As a gambler myself, there is no amount of positive thinking that affect your edge in gambling. If it is true then nobody will lose because everybody would think positive then. For me it is always luck that makes you win in gambling specially in cards game. With gambling in sports like basketball, statistic is the factor on which team to bet. Yes it is true that luck has a big participation of winning but a positive mind is a big help too. If a gambler thinks positively he/she could have a peaceful mind in a game. He/She can think smartly of what is the best thing to do. Can plan many ways and strategy. So positive thinking for me affect the edge in gambling. But this won’t apply to all gambling game specially when you’re playing with slot machines no matter how you try to think straight the machine always win. |
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I don’t panic anymore I just let the dumping be and besides I am long term with crypto so I don’t have reason to panic I guess. If you are not patient then crypto is not for you, this is very important attitude once you join the community so you have to master it.
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For me the best time to exit in tradinh is when I met my price target but when the market is not in favor of the things I want and its seems dumping I make sure I already set my stop loss so that I won’t bag hold the coins I bought.
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It will only be dangerous if you are holding shitcoins so better choose those coin that have real use and has a potential to grow so that you can hold it for long term.
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Price manipulation is not new even in stock market and forex they do that all the time, whales can always do that so what we we do is to study when to ride so that we won’t lose our money.
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