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61  Economy / Gambling discussion / Re: Are You Using A Journal Spreadsheets Will Pave The Way For Addiction To Gambling on: May 09, 2024, 09:34:52 PM
Well, addiction depends on the individual. Having a journal or spreadsheet of your gambling winnings and loss, won't define you as someone who is serious in gambling. I saw that post as well, and he's just doing ut for additional entertainment because other people would also be aware of what he wants to happen.Personally, addiction is more likely to exist with gamblers who never tracked their winnings and losses because they're more likely to just continue betting as much as they can. Using a journal or record will even help you decide with the amount you are about to engage for that day, week, or month. Not unless you'd allow emotions to take over you. There's a tendency that a player knowing how big his loss is, would push his way of winning by betting more until the desire of him was filled.
62  Alternate cryptocurrencies / Altcoin Discussion / Re: What is your strategy to win in this bull run? on: May 08, 2024, 11:51:14 PM
Simple; find projects that has potential and accumulate as much as you can until the bull cycle begins. Yes I know this ain't easy but this is the only way to take advantage of the market. You could just also stick with major coins of the market and wait for the uptrend. What's for sure is that, if you would be scared to make an entry you should not be expecting for anything big in return.
One of the strategies I've been using for long time and it has been very profitable for me is to always buy the dip.
If we know how to spot a dio in the market, it will always been an opportunity for us to earn more than buying at the middle that will not make a good profit for us when price starts going up. We need to make we try different strategies that would help us to earn more from the market without stress.
My strategy is to invest in other top and strong coins including Bitcoin following the DCA method during the Dip and hold them for a long time until I meet a specific target. Investing in crypto is risky but investing in this risky space can earn huge profits. Because of this, those who have knowledge about crypto do not hesitate to invest here. those who miss investing in dip markets miss out on something big so every dip season is a very important time for us to investment
This is the right thing. Others are just being problematic of their holdings because they made their portfolio too divsersed that they can no longer make DCAs or monitor the market behavior of their token holdings. Take it easy and start with what's less risky but worthy of your engagement.
63  Economy / Gambling discussion / Re: Why do people lose in gambling and still go ahead and bet more? on: May 08, 2024, 11:35:31 PM
Personal feelings and emotions like frustration and regrets. It could also just be desire of becoming rich or the idea that they just enjoy the experience. It depends on the individual actually; we have our own reasons in the first place of why we are doing something. There are two sides to consider; playing despite of losses because you lost that much and you have to make up for it or continuing to bet because you can afford the amount you've lost.
I've a friend of mine who always complain that ever since he started gambling he haven't won a good amount, instead he'll be winning less money than what he expected but he can't stop. So I'm asking what do you suggest he should do at this case. For me I told him that he should know that gambling it's a game of risk and luck, but with the constant betting you might win the amount you've at mind someday. So what are your suggestions towards this.

I wouldn't say the same thing. I doubt that with constant betting we can actually win big someday.
If it were so then everybody would be betting these days in the hope of winning big some or the other day.
Since we already know its just pure luck, we shouldn't pay more focus into it and just casually bet withing our budget.
May be luck shines some day then we can win big otherwise we wouldn't need to stress so much anyway.
Well, betting continuously would basically increase your chance of winning because you are adding attempts to do so however it won't lessen the tendency of losing. The more you bet, the more you'd be exposed to the chance that you'll win but the question is, until when would you be able to do so? What would blow up first, you winning or you losing everything you have?
64  Economy / Gambling discussion / Re: attempting to turn 0.05 BTC into 1.7 BTC on: May 08, 2024, 11:07:26 PM
Would be a long way for sure but I hope for your success on this. Many people have tried and desired to make their money 100x at least but only a few made it happen.Reason obviously is rarity of winning in most of the gambling games especially casino games which only rely on one's luck and fate. But since this is in sportsbetting wherein analysis of the teams would help you draw a winning conclusion then I guess it is safe to say that this is possible if you'd be consistent with betting discipline; make a pause from betting if things are losing consistently and to never force a win, also to control the amount you will wager.
The target is too high, but since you are willing to take the risk then at least you can try.

Will monitor your progress too and hope that you can achieve this goal because you have a good purpose or target, just know that this is not guaranteed after all so it's better to have your back-up plan if something bad happen to your gambling activities.

Better to look for other source of income while doing the bet just to make sure that you will be in medical school.

Hi, thank you for the advice! Smiley I am working full time right now and saving for school, but I thought it would be a fun challenge to see if I can pay for medical school with football/soccer bet winnings! If I don't succeed it's not the end of the world, but I will certainly try my best! Smiley
It would be best to not hope for that much in ordet to help oneself of the consequences. The bigger the drive, for example depending on gambling profit to pay your studies; the bigger betting outcomes will affect you as well as your studies of course. Always manage the risk in all aspects.
65  Economy / Gambling discussion / Re: Is it proper for younger ones to gamble? on: May 08, 2024, 09:28:17 PM
Obviously, it is not really advisable; gambling actually is not advisable to any people 'coz it should be engaged with one's initiative. The downside of gambling at early age is simply lacking the permanent source of income to sustain this vice. No natter how good you are, there will always be times of losing especially on days you wouldn't be lucky. Another factor with age is risk-taking tolerance. They tend to have higher levels and that makes them more prone to gambling addiction. They are most likely to bet huge amount of money due to theit drive of becoming rich as an adult, but lacks the idea when it comes on handling the consequences of doing so. When they encounter big loss, they are most likely to either bet more due to frustration. And how would they sustain it if most of the younger individuals are still studying and not working? They'd use their parent's money in form of their allowance and thiw could push them to either lie or steal if it won't be aided. This is just a general possibility and ofcourse it will still depend on the individual, but this is just the common possible outcome.
66  Economy / Gambling discussion / Re: Can you disguise on your real gambling lifestyle just to help a friend/relative? on: May 06, 2024, 03:36:45 PM
I do the same thing 'coz it is not something to brag about or for other people to know of. No one's perfect and it would be much better to serve as a good example for them than to learn things the hard way. White lies as I like to call it because it is for them to be warned and to just be disciplined with their gambling habits. Risk is too big with gambling and that's never a hidden fact. Whwt are the odds of them to do the same thing if they'd know you are exceeding or crossing your limit with your bets? Huge; they might even try it for themselves to prove something. Prevention is always better than cure. Never wait for anyone to experience it as well, and if you're also guilty of this, put the lesson into your life as well.

on average, gamblers are hypocritical people, because usually what they say is sometimes the opposite of what actually happens, because i have also been like that where i have gambled beyond my means but i advised my friends not to gamble excessively. but even so, sometimes there are words that we need to sweeten to be able to give advice to others, even though it seems like hypocrisy, but they are the most appropriate words at that time and we don't need to think too much about it because of that just ordinary advice.
I think it has become a thing that is most likely bound to happen, I once cornered my friend when he lost a lot of money from gambling, with him saying no problem with the large amount of money he had lost, but there I kept saying "you must be upset" just like that until he was upset himself, actually my intention like that was just to joke, but indeed I think losing a lot of money in gambling must be upsetting, there is no way everything will be fine.
Or like you said, we ourselves sometimes lose control of gambling excessively, but we ourselves can advise friends or other people not to gamble excessively. That's hypocritical but not unusual, and I don't think it's just in gambling, but in other things as well.
It is with the idea of maintaining a certain image. There's nothing wrong with it if your purpose is for other people to be doing your wrong doings. Some are hiding the idea because they're ashame of it which also means they know it's wrong and that should be enough for them to not do it again, as they should.
67  Bitcoin / Bitcoin Discussion / Re: The reason why you shouldn't force someone to invest in bitcoin. on: May 05, 2024, 09:41:22 PM
You don't need to force someone to engage into something no matter what, simply because there's this thing called initiative and interest. Not because you are gaining profit from investing on Bitcoin, you'd already force or encourage others to also do the same thing. Why?  They need yo learn things on their own and what's best for you to do is to just share your knowledge about something to them and it depends on that individual whether he would engage or not. Encouraging and forcing is different from just sharing your insights. Forcing them will just make you liable on their money especially if they lose. You'd more likely be a part of the blame because you forced them in the first place. Same thing goes with encouragement because they'll be hyped of profit and won't be seeking to learn the risk and how yo manage it. At least if they are the one to be curious and interested, they will know to themselves that they have to act upon it, eif ever something happens.
Although on the other hand, he can also praise you excessively when he has benefited from what you suggested, so you also need to consider this before forcing someone to invest in the ideas you will give him.

That's not always true, a lot of people wouldn't give you credit if they had success from something you suggested but they wouldn't hesitate blaming you for the failure of an investment or a business or anything that you suggested they should do. So it's better to not give suggestions to anyone even if they ask for them.

I used to give free suggestions to people all around, only about things that I thought could be beneficial for them, but I stopped doing that when I found out that when things don't work out for them, they start blaming me for it.

Something that works for you doesn't have to work for someone else as well, so you can't suggest others what worked for you because if it doesn't work for them, they wouldn't think this way and say it's okay, but they would say it was you who suggested it and now it failed.
Rare indeed and never do such thing as chasing the praise from other people 'coz that is one sided; praise if profit and blame for loss. Just let them be and avoid spoonfeeding them with information. Reflect on how you started your journey.
68  Economy / Gambling discussion / Re: Do you think casinos can stop demanding KYC? on: May 05, 2024, 02:48:50 PM
If they wat to, then yes. However same goes with casinos and gambling providers who requires such procedure to their players. Not to give certainty but so far I never had any problem with complying to KYC process however, I still cannot blame those who are against it; if you're one then there are still platforms wherein this is not a requirement. We cannot really force a platform to change their policy. As customers, what we can do is to only comply if it is being practiced on them.
As  much as I dislike kyc in my own little way, I can say that kyc in casinos have helped prevent many illegalities and impersonations within the industry among gamblers, the inimical aspect of kyc is that it intrude and expose our privacy which ought to be a right of the individual.
What about the casino got hacked and then after few months or years, a criminal use your identity and then the police caught you're a criminal?
That's why if you could recall in the ending part of my first comment where you quoted I clearly stated in condemnation of the kyc as a means of exposure of our privacy in terms of our data/identity that a third party can gain access to and implicate us using our identity. And the example you had just used with casino hack paints a good picture of what I was implying among many things about the inimical side of kyc to users using centralized platforms in general

I am one of the few persons who see nothing wrong in a casino demanding for KYC verification whether as required by the government of the country where they do business or on the casino's own accord. Quite a lot of time, we complain of minors getting themselves involved in gambling activities and some malpractices carried out by some fraudulent people who disguise themselves as gamblers.  One way for checking for all this is through KYC. It is good that we have casinos that don't demand for KYC as well as casinos that demand for KYC verifications. Gamblers should just patronize casinos they are comfortable with instead of worrying about what KYC or no KYC will do to their privacy and personal security.
I agree, we have our own preferences of things and on the same extent we have a choice and we have options in the first place. If you're uncomfortable of doing this procedure rhen that is valid than to just be forced to do so and regret it afterwards. What's best as well is to find the right platforms that would free you from worries.
69  Economy / Gambling discussion / Re: How much of my salary should I use to gamble on: May 05, 2024, 02:32:27 PM
If I were you, I'd just use 10% of it to avoid problems concerning addiction and frustration. Why? Imagine losing 50% of your salary in one sitting, would you be able to accept it instantly? What's most likely to happen is for you to be upset and to try winning it back. And as we all know how gambling works, it could just cost you more. Unlike when you just lost a tolerable amount (yes, always anticipate losing as the worse outcome), at least you'd be able to accept it easily and move on to try on the next day. Winning will never be certain, and this should be an enough warning to not go all out or to not be too crazy of winning. In most instances you will be depending on your luck, which is something we have no control of. Be mindful on being preventive of situations that will bury you deep. Cliché stories of gamblers whose worlds were flipped, won't be there for a reason.
70  Economy / Speculation / Re: BITCOIN AT 63K. What should we expect moving forward? on: May 04, 2024, 08:12:27 PM
Woke up to see BTC at 63k this cold Saturday morning, although I'm excited but I'm kinda skeptical and have questions. Is the retracment over? Will price create another ATH from here or is this a dead cat bounce? Let's share opinions below.
Not so fast.
The volume and demand aren't that high to support a continuous price increase so I guess another correction may take place. Mid to high volatility can be observed in the market right now and I am choosing to wait for further market confirmation. If its market value will be able to break $64.7k today, then there's a chance for its price to continue reaching $70k mark once again. It is still too early for bullrun to happen because its just been weeks after the halving. Investors basically took profit of their holdings which triggered a deep decline on its market value. Chances are high that it will be able to recover but if it is surpassing the ATH this month, is still not possible at this moment.
71  Bitcoin / Bitcoin Discussion / Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do. on: May 04, 2024, 07:33:45 PM
Trading requires huge amount of attention, so if you know to yourself that you don't have enough knowledge of price action and different chart patterns, then accumulation or just holding Bitcoin would be a better option. Trading is not something you would fully learn within a year, at least for majority of people. It is indeed more profitable with just accumulating Bitcoin but will also involve bigger loss due to high volatility in the market.  With swing or spot trades, you could maximize the profit from every price direction of it but you'd be more stressed following the trend unlike with long term holding wherein it is your discipline and consistency are the only things where you would struggle. Either would be fine as long as you know what would best work for you.
72  Bitcoin / Bitcoin Discussion / Re: How to get your Dad (or Mom) to buy Bitcoin? on: May 04, 2024, 05:56:48 PM
Question is why? Why would you want them to invest in this technology? For sure you know the risk present in this industry and that you're aware of their interest with investments. It would be okay to share your knowldge with them but to get them invest into it, is another thing. Personally I am a bit against with encouraging people towards this industry. One reason is avoiding the blame if ever there will be something negative to happen; keep in mind that there are still countries who are against this technology which should not leave us be too confident of things. Extreme volatility is another thing that could incure loss to the investor; we have different levels of risk appetite. At the end of the day, most likely if their engagement will yield to loss, you'd be a part of it. Again, sharing is different from encouragement.
73  Alternate cryptocurrencies / Altcoin Discussion / Re: Are your holdings ready for this altcoinseason? on: May 04, 2024, 04:26:09 PM
Well yes, honestly it is decent enough. But I wont choose to be satisfied yet; if there will be better opportunities to invest then it would be best to grab it and I'm referring to sudden market dumps and declines such as what we saw recently. However, I do get those who are scared to make an entry during dump because of risk given that no certainty is present with market behavior. It would be much better to wait for your own purpose and initiative than to have FOMO ideologies that could yield to regrets.
I'm feeling the pressure not to miss out on this bull run. I'm confident in my portfolio of solid coins, but I don't think they're quite cutting it. I want my investments to bring in serious wealth. I've heard about meme coins making people rich overnight, but I'm a bit wary of jumping into that arena. By the way, do you think older coins will see the biggest price surges compared to newer ones? What are your thoughts on this?
Depends on the old coins you are holding though if its the top altcoins then there’s a big chance for a good pump. You don’t need to panic and feel that pressure of buying more especially if its not within the budget anymore, just take everything slowly but surely. My current altcoins holding might not be that much but I’m confident that it can still bring profit to me and I’m ok with that as long as it is a profit.
Pressure and worries are innevitable; no one wants to suffer from huge loss in the first place. But I do like the mindset of "profit is profit" than greed of chasing it despite of the risk present. For those who are confused whether to sell or buy, much better too determine your risk appetite first in such way you'd know your boundaries in both profit and loss.
74  Economy / Gambling discussion / Re: Why do casinos require users to verify their identity through a KYC policy? on: May 04, 2024, 03:14:13 PM
Have been discussed a couple of times actually. One is for extra security; familiar with instances accounts were being stolen and funds were being withdrawn without actual owner's consent. Another is accessibility to minor individuals or people who are below 18 years old and below. Although in some platforms IDs are being tampered which is one of the limitation of KYC, well at least instances are somehow lessen. Last I guess is with money laundering which is basically against the law. I do understand that some people are against this procedure because they are worried that their identity might be used to illegal activities. Fortunately, I haven't had any negative experience from complying so maybe it still depends on the platforms you engage yourself with.
75  Alternate cryptocurrencies / Altcoin Discussion / Re: How do you use profits from the crypto market? on: May 03, 2024, 11:45:34 PM
The first question is very strange! Cause i don't think there are anyone who work in crypto market for long but haven't taste profit yet! Yeah, i made profit many times. And when its about using it, then i used my profit for my needs & requirements. Although i also reinvented some percentage of profit cause reinvesting is the way that will help your to grow your money with more speed. But I don't reinvested all my profit, as i already told yo that i spend a decent percentage of profit for myself, family & others need
Maybe he's referring to people who doesn't use their profit from crypto investments to personal needs and wants. Well, if that's the case then I personally know some who really does. On my end, I do re-invest profit to other investments both inside and outside this industry. Profit will only be profit the moment you use it to purchase something for personal purposes. Some people are just focused with making the flow of profit bigger before they decide to do a "harvest" of what they "planted" for a long period of time and I don't see anything wrong with it ad that's just with preferences. Some people are even moving to real estate with their profit from crypto industry because they percieve it better with long term progress and that's just fine I guess; it is us who will decide what to do with our profit in the first place right?
76  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you taking advantage of this red market? on: May 03, 2024, 11:11:04 PM
Best thing to do is to either just hold or fill your bag with more potential tokens; this is the best way to take advantage of the crash lately. Will the market still recover? Will never be assured however due to the fact that the market price of crypto have climbed all the way up from the huge dip, makes it promising to continue hpping for a recovery. The crash is most likely because of market price consolidation and also with big investors taking profit from the previous uptrend. This is not the end lf the rally and it is better to look at it as a phase of accumulation in preparation with the upcoming trend. Many people are just worried because their expectations of bullrun to take place during the halving wasn't met.

Try looking at previous market charts during halving and you'd get an answer to whether bullrun has already ended or if things are just about to start.
77  Economy / Gambling discussion / Re: Which device do you prefer for gambling ? on: May 03, 2024, 10:24:04 PM
I actually prefer using mobile device in gambling simply because it is more efficient to use and there's nothing that much that floats in the screen. Also, it makes gambling more convenient given that I would be able to access platfprms whenever I would want to.
A lot of gambling sites have emerged during and after the Covid-19 era and a lot of people have since then joined the gambling community.
We now have a wider audience who likes to gamble on desktop, laptop, mobile phone etc...
This poll is to see the most preferred device for gambling which I assume should be desktop as it provides a bigger screen and better user experience than any other device.
But a lot of people prefer mobile phones too and so lets just hit it and see what the actual results are.
Indeed, mobile phones was mostly a widely used tools that's most convenient at all times but you can't experience larger viewing.
Desktop has more advantage as to compare with mobile betting that's battery powered which has limited operation. If we wanted to stay longer with betting on gambling, then the options should be using pc or laptop and smartphone would be for limited activities.
If it is battery life then I guess same thing goes between mobile device and a laptop wherein an individul could use a charger to continue playing. With personal computer then there's no doubt for longevity in gambling activities however, you won't be able to do other things or to move from one place to another in this way. Actually this has just something to do with one's preference to be honest, neither would be wrong and what's best is to know what's best to work for you.
78  Bitcoin / Bitcoin Discussion / Re: Now that Bitcoin halving have been completed, what next? on: May 03, 2024, 04:14:53 PM
Waiting and being firm until the bullrun starts.Are there other things to do aside from this? Either you buy or wait, it will still be valid. At the end of the day it is you and your capital which is on the line if ever you'd make a risky decision that could result into either loss or profit. I'm expecting for months of low market volune to Bitcoin's market price. Fees are still high which I believe is a factor that could cause or contribute to this problem. Never expect for things to happen in an instant because volatility is in nature of majority of this industry's token. There would also be an imbalance if its market price will just do its thing upward or downward. There's more in the halving than just market price increase. For now, focus on waiting and holding until things get better.
79  Economy / Gambling / Re: More revelations on the challenges of physical casinos on: May 03, 2024, 03:31:14 PM
Not a representation to all land based casinos and gambling providers but I am more disappointed that they did not take responsibility of their agent whether it is a huge or small amount. Proofs should be presented that more than half was withrawn already and also, it would be the agent and provider's fault if they gave it to the wrong person since verification should be a priority on their end. Actually it is hard to believe that this really happened to someone. Winning is not something that will happen on a daily basis and I symphatize the winner on this instance if ever this thing's true. The provider should be the one dealing with the mistake their agent did and to conduct thorough investigation on this one to avoid its occurence again.
80  Economy / Gambling discussion / Re: Developing Winning Crypto Betting Strategies on: May 03, 2024, 01:48:16 PM
Get to know how blockchain’s work, why cryptocurrencies are here to stay, and how you can employ cryptos in your sports betting and/or casino gaming. The key is to learn crypto basics. For example, although Bitcoin and Ethereum remain the two most popular and highest market cap cryptocurrencies, other cryptos, like Litecoin, bitcoin cash, and ripple (XRP), have become ultra popular.
Honestly, I don't see any relation in understanding how blockchain works when you're mostly going to do is to bet.

Your winning strategies won't have any value whether you know how blockchain works or not. But I get the sense of it through depositing altcoins, making some wallets, and how to do transfers.

But if your main topic is all about developing winning strategies, I just can't connect how it is going to give you the upper hand with your bets and increase your chance of winning.


There's just no such thing as strategies to increase your chance of winning in gambling, to most of the games. You could only lessen the risk of losing an amount of money that could hurt your bankroll. Well in some games, analysis and player statistics would help you to create a guess on which team or fighter is more likely to win however, nothing will be guaranteed. Same goes with card counting but things will still rely on your luck to recieve desired card sets. That's just how gambling works; you will be taking the risk to make your money bigger in exchange for a consequences of losing your bet if you'd be failing to win. Many people are so focused with ways to secure a win despite of the fact that it'll never exist, than to just limit oneself to bet that much.
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