Go with number One but eventually it will not work and you will have to resort to number to. Assess whether the person feels the remorse and wants to get into rehab which is essential to understand that they are willing to help themselves.

The method to explain to them that gambling is detrimental to their well being and their lives should be explicit and hammered on them constantly, so they understand that their actions are having a bad effect on the rest of the family. Try to include how they could have done differently with that money.

It is tough trying to help someone in the family, but it is possible so dont lose hope.

I would call a mining corp legit, if I have some real life friend overseas and they are mining on cheap electricity and are now looking for investors money to allow themselves to scale into a bigger corp. Indeed I would be interested in investing in such an venture.

Similar projects start everyday but often by random noobs with little or no experience and hence should not be trusted with our money.

And like always, I prefer to buy bitcoin over any of these.

There is one single reason for this.

One thing that comes out front is that many trader become traders when the market is showing the uptrend and the mainstream buzz on crypto is out of the roof. That is the wrong time to buy. These are the same people who will sulk at the bear market and sell off at a loss and then go to reddit to complain that bitcoin is a scam.

These things can be prevented by prior experience to other speculative markets and by dummy trading while reading the past charts.

Still trading is not for everyone, if one continues to lose in trading, better to avoid it.

This is contrary to another hyped belief "leave your job and do bitcoin" - indeed the OP's statements work better than this.

A stable income is a cushion in the back when the crypto market drops or remains stagnant. You get your monthly crypto buying money from that too. Hence never give less importance to your day job if you have one or if you aspire to be in one.

Crypto is like the alternative income source here, it should be encouraged but never at the cost of the day job.

A lot of this can be prevented by teaching them about gambling and other vices and how they eventually make the person suffer and hence right in the growing years a child can understand the good and bad and learn to avoid the latter.

Playing once a year is for fun and its not bad - losing the money might actually make that person understand the worth of that money which they could have used to buy something different. Gambling will exist in different forms because of the human nature to take risks but it is upto us how we shape our next generations to face this.

It can be avoided by just following the right mindset and being disciplined about it. However gambling sites know that competition between players is what drives players to play more so they employ these leaderboard systems, VIP systems so people can appear in these "hall of fame" and brag about it. It gives them no monetary benefit and only a puffed up chest but this is what casinos want.

Eventually they will play more to maintain that status and the casino will get its profit in the long run.

JacksClub Username: TheUltraElite
Prediction: $37800

Actually the punishment for cybercrime is almost non existent, they eventually cannot be convicted and left off with warnings. There needs to be harsh punishment for such crimes similar in the lines of robbery, murder and other heinous acts. Otherwise that "fear" of prosecution will never come in the hearts of possible criminals.

If the punishment is upgraded and people start becoming aware, the prevalence of such scams can reduce.

Money obtained from Selling the ETF eventually will attract taxation due to Capital gains, have you thought of that? It is obviously going to be lower than 30% added together, but eventually the tax officials will understand that and put the 30% tax on ETFs capital gains too.

What we need is a core reduction in this 30% taxation at first, not sure how but lets be hopeful and see how the rest of the world follows ETFs over the next few months.

Firstly my condolences for your loss.

Only you should be the person investing in "your" bitcoin. Do not take the responsibility of your brother's money to invest in bitcoin just because they dont understand the risks and are thus unwilling to invest on their own and are putting it on your shoulders.

This can turn out really bad in case bitcoin drops - which it obviously will and then come back up again. But in the meantime you will have to face the heat from your family, leading to a household problem.

I would say take it slow, it has just been 3weeks, allow the grave incident to sink in and take your time out. Dont make rash decisions right away, they always end up in the bad way.

They are indeed, and some diseases make them more prone to impulsiveness. In fact it has been seen that it is the group of population who are suffering from impulsiveness and attention deficit are the ones who are gambling more often and are more likely to get addicted to gambling than their peers.

It is indeed our job to prevent this and keep social media and internet accessible devices away from such people. If we do that we can stop disasters from happening and prevent loss of huge amounts of money.

Give them non-gambling based games to play with, something that kids love too.

These are not so general ideas, a weak trader can mean a lot of things, not necessarily making a small profit specially because the word small is relative - for someone 1k USD might be small, but it might not be small for another.

Hence the words weak or wise makes no sense here. Still I consider a trader to be a bad one if they are trading based on emotions and not rectify that and a trader to be good if they are able to make the buys at the low and sells at the high.

Eventually if you are trading successfully, you realize that these terms are only just words without any real meaning in this sphere.

It is not uncommon to see Football players have jerseys with names of casinos written on them and so why not the eSports players too? It eSports is very much mainstream today. It gets same or more levels of gambling allotment that football matches get.

Good to see Rollbit growing and spreading its influence among the eSports community. These partnerships are the bread and butter of any gaming industry and gambling obviously is a big part of it. As long as we keep seeing more of these happening we are happy about it and hopeful of the future of the company.

Not a bad idea to keep one bet as insurance in case the previous one drops. Something like a derivative to cover your loss on the asset. Regarding bitcoin price, I think an untrend can push is upto 45k but beyond that a further rise might see a correctional downtrend first. On the lower side, below 40k will see buying pressure.

I also did not know that betting on Oscars was a thing here, if so that is pretty cool indeed. I was rooting for Oppenheimer and  to get all sorts of prizes this year, but it seems people's interest is elsewhere, but its fine though.

OP seems to be asking something similar in the lines of "popping your cherry"

Of course have fun, which is the main motto of any gambling game. Dont play for winning or for making a profit, just take money that you can afford to lose and play on it. If you make some profit, cash out and dont ever come back. But if you lose, dont be upset about it and learn the lesson that gambling is always a loss for the gambler.

You will feel some withdrawal like effects in a few weeks. Wanting to go back and play more, just like a one-night-stand being remembered, but it is important to suppress these thoughts and continue with your life till at least 6-8m pass away, after that feel free to visit the casino again.

Pseudo-science means that there is no science behind it but people make it appear like its scientific. Read the Wikipedia article on TA for reference.

It can, and it is unpredictable, but you can draw some conclusions in the long term watching the pattern and the indicators. Even then it cannot be explained or reproduced in future on every instance.

You can check this yourself, run some TA and make predictions on a price of a certain coin on paper. If you do this frequently, you will find out that the accuracy is 50% or close to that.

TA can give you a trend it cannot predict something with high accuracy.

I remember that scam known as Electroneum which still runs on some exchanges and I tried explaining to another fanboy on a casino chatbox because he was trying to recruit users under them. I wonder how much losses he may have incurred from it.

What we want is a legit mining corp where we can invest, but this is where the guise of cloud mining comes in and attempt to fool investors into believing that they are investing in mining while actually they are getting into a MLM.

Exciting indeed but the losses will bring same of bigger levels of despair once that starts happening. With more bets and bigger bets, the losses start stacking up before you know it.

Indeed risk taking is what fuels gambling. When someone is rolling the slots, they keep thinking of the specials to start rolling in and that increases their tension and eventually they no longer think before pressing the bet button, rather they become uneasy from not pressing that. So in a way the casino is now controlling that gambler using their emotions.

Nobody is ever late if they actually start doing it and not put it aside. It is human nature to think like that but that is what brings us down and prevents personal growth. It is so easy to start collecting bitcoins today and hence get into it as soon as you can. If you are going to buy bitcoin then you might want to wait it out while the prices reach a rock bottom. If you are earning bitcoin then just start working on it!

Never think of yourself to be late, you moved away from the no-coiner realm - that is what matters.

It is the public's choice indeed. If the public finds its use more as an asset to store for the long term then it will be so and if they find its use in spending and buying groceries then by all means it will compete with existing digital payment systems. One thing is for sure that the second option is limited at this point in this world and hence the first point is what the position of bitcoin among common people is.

Hence for me both of them are possible uses. It is money and it has a growth potential, but its limited use in my place so I prefer to keep it as store of value for now.