The lender should always ask for collateral to anticipate things like this because he's in no control in real world situations.
If I am kid with that type of father, I will not take care of it. I have my own life, my own decision to make so as my father.
Even if they have an NDA contract, am I present by that time of signing? No. I will fight for my right that in no way I am associated with my father's decision and debts.
That's the right way to lend money, especially if it's a large amount of money, it's really necessary to have collateral because we're not sure if we'll actually be able to pay what we owe, and it's difficult if we pass it on to our children because they don't have a naive attitude towards loans their parents will do, but just like in other countries, if you borrow from normal people only, it is possible that the charge will happen to different generations of the family of the person who borrowed. |
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Do you have a habit of tracking your gambling progress?
Actually, I take gambling for only the purpose of entertainment not like the earing sources. So it is generally ok for me to not tracking my gambling progress. I also don't have any habit before butstill I have a note on my google keeps some of my wins. I don't know how you called it. But generally I don't tack my gambling progress. People who keep progress of their sessions usually are people who look at the data which most of the time are in red losing money over the long run.By doing so they are also much prone to quit gambling and many of people who have quit gambling and are out of gambling for good.So if you really just want to have fun there is no need to keep track of your progress. If gambling session tracking helps other people quit gambling, does that mean it can also help people with gambling addictions? But usually when a person is addicted to gambling, they don't care if they win or lose.but there's nothing wrong with tracking gambling sessions especially if a person is used to managing expenses, and I think that's a good thing for people to be smarter in budgeting expenses. |
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One of the reasons why a player becomes addicted is the constant desire to win back (it seems that the jackpot is about to be hit). Another reason is the internal atmosphere of the casino (use of special substances, well-chosen music and food, exciting shows). Another reason - a person gets emotions that he does not get in normal life
In my opinion, the casino atmosphere has no influence on people who are betting and hoping to win from the bets they play, because in this game of course they have to be more focused so as not to make a mistake in deciding the bets they play. I don't think so? it seems based on my observation, the casino atmosphere has a greater influence on a player so they continue to gamble even if they lose more, because other players find peace when they are inside the casino. I know others who say that they enjoy themselves more when they are inside the casino because that is where they release all their stress in life, I also don't see where they release their stress because in fact, for me, it is bigger it's a problem if I run out of gambling money. |
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I’d say; avoid spending that isn’t on something you need, invest as much money in as much places as possible, and save money just about the amount you need. One of the mistakes people make is saving too much money when you are supposed to invest the most part of it and save some for just emergency. While that is something to consider, the generation today doesn’t even think that deep on either saving or investing. Most youthful people are wasting their money and time doing things that would never benefit them.
That's my mantra for this year, I told myself that I would pay more attention to investing in different things than accumulating or piling my money in savings accounts. if I invest my money, it is still possible to make a profit if I handle it properly, unlike money in the bank that only receives very little interest annually, just like you said, this is one of the wrong things people do but we can't blame them because not everyone has extra money to invest, because they don't even have savings. |
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Watching while having a bet is giving you more excitement and a little bit of nervous because of the money that you've risk on that game that's why whenever you watch betting game, It will give you a roller coaster emotion that you can't explain if you are supposed to be happy, sad, nervous etc. I agree to you, placing too much bet money that you can't afford to loose will give you a problem and stress, so do not pressure yourself to placed larger bet just because other people doing it, You have to follow your own instincts as well.
the main reason I bet is when I have a game of interest, and place a bet on the game am watching I will be so excited, and also the same time I will have high hopes, if I notice the game is not going in my favor I will see if I can make cash-out the most painful thing will be that you cashed out and you latter won as predicted, you will defiantly be pained, that is gambling for you and that is why it is based on prediction. and the annoying thing about betting and watching is that you will be so frustrated that you will just want things to go your way, gambling is not like that it's pure luck even if you know that this club is good. and sometimes you might not even see yourself winning and that is when you will win. and there should be a limit to the kind of money you use in placing a bet. wasting too much with this hard economy now is not wise. very well said, so it's better not to expect to win when we gamble because sometimes, when we don't think or worry too much about winning, that's when we get luckier. I'm not sure if others have experienced the same or is it just me? but that always happens so when I place a bet, I don't think about anything, I just let luck move for me. |
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I totally agree. Borrowing money for gambling is a formula for catastrophe. It's risky enough to invest money in appreciating assets, let alone borrowing money to gamble on depreciating assets. You are jeopardizing not only the money you borrowed, but also the additional expense of the loan's interest. It's a risky, expensive venture that may rapidly spiral out of hand. Even if someone wins, they are only digging themselves deeper into debt and fueling their gambling addiction. It's a difficult cycle to break.
There is no rewards in borrowing money for the sake of gambling, it's very hard to win when you are using borrowed money to gamble, it's not advised to do anything gamble with a borrowed money. The problems are not the money a gambler borrowed but the problems rellies on the interest. It might be difficult for the loaner to pay, so instead of using a borrowed money to gamble it is better you use it to buy something valuable that you will be seeing everytime, so even when you are paying the loans and the interest you won feel remorsed for it. One who borrowed money to gamble and lose might also borrow another money and lose them all. Instead of losing a borrowed money it is better you lose the money you worked for, because you won pay any interest for it. However, the both of them are not quite okay but it's better to lose the one you worked for, than the ones you collected. Honestly for myself I can't say that borrowed money will make you always lose at the end of the session, I can't confirm that because after all if you are lucky enough then obviously even if you gamble using borrowed money you will still win in the end, But the thing about why it's so forbidden to gamble using borrowed money is because it's an action that will lead to a new and much worse habit, which is that you could potentially experience new problems in your life such as getting into debt, because I doubt that when you've tried taking out a loan then you're not interested or addicted to trying to take out another loan when you don't have the money to gamble. And on the other hand yes if you borrow from some reputable service or general loan service then obviously there will definitely be a certain amount of interest that you have to pay, so of course it is not recommended to gamble using borrowed money, because this will only cause new problems that will befall you, as I said above that most likely you will be addicted to always taking loans to finance your gambling and I can ensure that you will be surprised when you find out your total debt in a certain period of time along with you also have to pay interest. In general, borrowed money should be used wisely, because it is indeed a help when you need money urgently such as for the needs of life that cannot be tolerated, but unfortunately some irresponsible gamblers try to take advantage of the situation with the borrowed money. In general, it's not bad to take a loan; as long as we know in ourselves that we will use it for something meaningful that can help us, such as building a small business, that's fine. As long as it can produce a profit for us as well, which is also the source that we can use to pay what we owe. But if you only use it for gambling, it's a bit like taking a big rock and hitting yourself, and that's not good because, for sure, most of the time, most of the gamblers lose, so there is no certainty if we will win in gambling. exactly, there is absolutely nothing wrong with borrowing money from banks or lending companies as long as it is planned and used correctly or appropriately. If you use the money you borrowed to build a start-up business, you can't say that the money you borrowed just went to nothing, but if you just use it for gambling or any other thing where there is no guarantee that the money you used will come back, that the wrong thing is, what if you don't have any other money to pay for the money you owe? You will end up in debt because of what you did. |
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Currently nasa 59K na ang price ni Bitcoin at may 50+ days pa bago ang halving kaya sobrang taas ng chance na mareach ang previous ATH at magprint ng bagong ATH before halving!
Sa 70K, 80K, 90K at 100K ang binabantayn kong price ni Bitcoin para sa new ATH bago ito mag correction. DCA sell nako once mareach ni Bitcoin ang price na nabanggit ko dahil mahirap na maging greedy ulit as long as above previous ATH ang sell ko ay goods na ako. Siguro next year na ako mageexpect ng higher than 100K if ever maging support na itong previous ATH natin.
Keep holding hanggang wala pang ATH, wag nyo muma galawin or maakit na isell ang mga Bitcoin nyo para hindi mamiss ang opportunities na ito!
Sobrang exciting nga ngayon ang journey ng Bitcoin, no? parang ang daming possibilities pa. Nakaka-nerbyos at the same time thrilling! Same tayo ng strategy, yan din focus ko. DCA selling is smart, avoiding the temptation of being too greedy. It's true, mahirap talaga maging greedy, and having a plan keeps us grounded. Sana nga magtagumpay ang prediction natin for a new ATH bago mag-correct. Pero always be ready for any market surprises. And I totally agree, holding is key, lalo na kung above previous ATH ang sell natin. bantay kung bantay talaga ngayon kabayan, nakakakaba at ang dami nanamang FOMO sa paligid kaya yung mga walang ideya sa bitcoin, nadadala sa kwento ng iba at gustong gustong pumasok ngayon sa pag iinvest dito kahit wala pa talaga silang idea. Same sa strategy ninyo, ganyan din ang inihanda kong strategy pero sa ngayon, hold hold lang muna talaga dahil hindi pa naman sigurado kung hanggang saan aabot ang value ni bitcoin. |
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Bitcoin price is rising faster and faster, It is time to Buy Bitcoin now before it is too late !
Is bitcoin price going to be above the $100 K end of the next 6 months ?
If it does, its mean it will cross $150K by 25 December 2024.
Just like what other people say, this post sounds like FOMO. We already know that the value of bitcoin is really increasing now but I think this is not the right time to buy and invest in it, we should always remember the buy low sell high technique to make money. That should be the cycle we follow and never fall to what others say because you might regret it later. |
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I don’t think that they are trying to show off. If it’s in the US, I may decline to answer or say that it could be show off but I think that what you saw is actual wealth. Also, don’t forget the fact that London is not a small place. It is wealthy and filled with different kinds of jobs. If you’re still there, ask the cost of getting an apartment and you’ll know that these people aren’t kidding there. But then know that there are places you’d go in the UK and you’d rather stay in your country or won’t believe it’s actually there.
and everyone probably knows that the UK is one of the richest countries in the world, they are known when it comes to fashion, expensive lifestyle, so it's no wonder if you see local citizens there who dress lavishly even on normal days. The cost of living is high if you live in that country but they also pay a lot for the people who work there so it's really just a balance. That is no longer surprising in countries that are in the 1st class country and because they are well managed so all the taxes paid by the citizens go to the right place. |
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One of the strangest things I have noticed about humans is how we never stop being greedy. It is something we consciously or unconsciously drown ourselves in. Sometimes I sit and wonder why the richest people in the world want to make more money. I mean why not just make use of the one you have, it’ll last for all your generations. The person you speak of got drowned in greed. He didn’t even have enough funds to purse political power but he wanted it so badly and couldn’t wait till his business can stand the loss.
It is indeed something that humans can do that they will never feel enough with everything they have achieved and indeed there are those who realize it and there are also those who are not aware of this and even those who already have a lot of wealth that they can pass on to their children and grandchildren. they are still looking for all forms of income for various reasons they give and this will never end before they die. If someone really wants something and they can never get it, of course they will continue to try to get it and if that person will try in various ways and even spend some of the money they have and still can't get what they want. There's no such thing about contentment on this world. Human beings are naturally born greedy on which they would really be tending to have it all as much as they could. There's no such thing about being contented or be enough despite on having almost all or able to attain on the things that other people wasnt been able to attain. This is the sad reality and even on what means that they would really be needing to do then they would really be definitely be doing it. Money is never been enough, even if you are on a rich condition or situation but still you are really that aiming for more. Even myself im guilty with this. Ever since i have dreamed about a certain car, yes i do able to buy it and on the time comes that i do get bored or getting used to it on everyday usage then here comes that feeling that i do want to step up the game and now aiming for some luxurious car which i havent driven before. This is i could say that contentment is something a main issue for most people. People have a habit of not being satisfied. In truth, there is nothing wrong with being greedy or having many dreams in life, as long as you don't do harm to others to get everything you want. For me, if you are capable of doing something and you know yourself that you can achieve your dreams, there is nothing wrong if we aspire even higher. |
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I had a friend who use to play the gambling only when he consumed drugs,Sometimes he use yo win the money.But most of the time he loss the funds,
When a gambler gambles under the influence of alcohol or drugs, it has the ability to affect their decision making. Drugs, alcohol or substance use in gambling can make a gambler over gamble, go over their budget, chase a loss, and be totally numb to feeling the effect of losing. In casinos where free alcohol are served to customers who are gambling, the gamblers will most likely gamble more even without knowing. As for the sleep aspect it is even logical to conclude that such a person is an addict because the big question is why would someone feel sleepy and still continue to gamble. because they have time to chase, so when it comes to gambling especially when a person loses a lot, there is their eagerness to continue to gamble because they want to recover the money they lost, which is definitely wrong, because when you try to get back the money you lost, you will run out even more because your mind is only focused on one thing, which is chasing your losses. You don't realize that you are becoming addicted to gambling and lack of sleep is a symptom. |
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The high rate of gamblers who take loan for gambling purposes is quite alarming, and most of them are fathers to kids. Most of them don't end up taking care of their debt before passing. What happens to the funds, when the lender comes for his money? It's quite a tough one for a person who isn't a gambler to inherit a trouble from a gambling dad. Such things also increase the anger of the society on gamblers, because the addicts are, also, good at extending their problem gambling to other close relatives. Could it be talked through in the law court?
Here in our country, if a person is deeply in debt and he borrows from a bank or lending company, it is necessary that you put collateral with them just in case you can't pay your debts, they will take the collateral instead with the money you owe, If a person owes money to other people, here I can say that children can inherit their parents' debt because even if the parents are gone, the creditor can charge the various family member |
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When you have one or more children, you have heavy responsibilities. Sometimes you're on a tight budget. Can being a parent change our playing habits? Are losses even harder to bear when you're in charge of a family? What are your experiences in this area?
Well that's true. In fact, I don't have a child yet but I've seen a lot of people have that experience, when they have a child and a family, their time for gambling has decreased as well as the money used for gambling because it's only allocated to the needs of their children. The responsibility of having a child is no joke, so you should really limit the vices you do because the situation will be different unless you are an addict and you can't stop it, it is possible that you will just ignore the child because you don't have money to support him. |
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I want to know how it feels among those of you who gamble using altcoins or bitcoins, basically the crypto you are using today has increased significantly, we know that in 2022-2023 coins that are small are not so valuable, and how does it feel today? Is there a little regret or do you not care because the money you lose in gambling is a necessity for you, so you don't care about the crypto you have lost in gambling for the past two years?
Actually, I don't have any regrets because when I was gambling with bitcoin/altcoins, I really made sure that I wouldn't exceed the budget I set for myself, because I know that anytime after the pandemic is over, it is possible that the value of bitcoin is just like what is happening now. Maybe the biggest regrets are the people who have been using bitcoin for gambling since the beginning. It is also risky, so for me it is not advisable to use it for gambling, it is better to just hold it and wait for it to grow, just like a typical investment. |
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Do you have a sports that you keep betting on even though you don’t watch this sports live or you don’t know the full specifications of this game? In my case, I keep betting on tennis whenever I have spare money on my casino balance from my VIP rewards(Rakeback) after my long game session on live games. I’m not really a fan of sports betting in general but I do place bet randomly on tennis especially the Asian Handicap on live match. I’m always betting on the underdog that already has 1 set advantage to the favorite players. I do this bet just for fun no string attached. I believe this is the literal definition of “gamble what you can afford to lose”.  Definitely yes!! Same here, because here in our country, there is a season where the bet is strong in what we call gambling "ending" That is a lengthwise card with a numbers written on it. It is related to the game of basketball and you can bet on any numbers that do you think it will be the last game result of the two teams that will play. Actually I don't like to watch basketball, the only reason I bet is because my friends and relatives at home like to watch basketball games and most of them bet on the ending. It's also fun to do especially since I have no idea about the possible final score of the two teams, you can bet on any number and any person who is offered ending cards as long as you can manage the money you put in there, there are as many prizes there, it can be a cash and can also be gadgets. |
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So I brought this topic to let us know that in gambling, if you just play it as though you don't take it seriously whether you win or lose then you might surprisingly win an amount that will amaze you one day and it would look as if you're smart or you know how to predict the outcome of events and in most cases, when a gambler wins they doesn't really care much about their previous losses regardless of the amount they won. So I just felt like making some predictions in sports betting today and the events was about 8 matches, and it all played according to how I predicted them to go and I won the bet though I spent less than $1 just #1000 in my local currency to place the bet and i won close to $23 which is about #32000 in my local currency as well. Congratulations to me as i didn't expect this winning.  Exactly! when we win even just once, it's like we forget the money we lost here, maybe that's how gambling really affects a person especially when we've experienced winning, but if you add up all the money you've spent before you get it the minimum to jackpot prize, sometimes you even lose and subscribe. This is one of the reasons why most people say that gambling makes players happy when in reality it is not. it just returns the money you lost from them. Anyway, Congratulations in your winnings. |
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however, my question here now is : is gambling restricted to some certain kind of individuals or class? or is there any stratification when it comes to playing gambling ?please your opinions here here will actually quench my curiosity.
other people look down on people who gamble because of the initial reactions of gamblers, that's why normal people look down on them because of the actions they show or the results of their gambling especially that is when your money is so depleted that you end up addicted to it. Gambling is not forbidden to everyone, actually it is open to everyone as long as you have money and can play it. There are only a few people who are prohibited from gambling, it depends on their religion but we will not discuss that further because it is too broad and there is an open topic about the gambling-religion relationship. |
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If we invest in Bitcoin, I think the possibility of losing all our capital is small, but if it experiences a decline in value, it can happen, as long as we don't panic sell, then we still have the opportunity to make a profit. The current problem is that many people think that by investing in Bitcoin they will get rich quickly. Before we have an understanding of Bitcoin, I think this is a high risk investment, because of factors within ourselves.
That's what's wrong with other people's mindsets, that when they hear the word bitcoin, they immediately think of instant money even though they have no idea how the bitcoin investment works. if we study it carefully or have an idea about it before we enter it, it is possible that you will earn a lot and you will be careful in handling your investments |
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If you know anybody trying to stop the addiction of gambling to become better for themselves and their family, try and show them support by not criticizing them. If you observe that they experience some kind of relapse and go back to gamble even when they said they were not going to gamble, try to encourage them to remember why they wanted to stop gambling for the time. It is not an easy decision for some of them to make, and even imagining that they will never gamble again can make it worse for them, most of them need all the support they can get to help them maintain the decision to give gambling some time away. If you criticize and mock them, they may nurse in the heart the mindset that gambling is impossible to stop, or even stop trying to stop gambling because you have already made them feel like they can never do it.
This statement is on point, It's a mind over matter so we need to be more careful on our actions and words that may come out in our mouth, because we have no idea in the struggles of other people and maybe the words that come out of our mouths are one of the reasons why a person's addiction never goes away. This situation is not a joke and it is really difficult to overcome it especially if a person is in a severe condition, because it also depends on the person how he will help himself, also we can't rely on giving advice, medicine, extra care from the people around them because sometimes, they themselves are the ones who can help them the most. |
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There are a lot of options you can do but not this. Forcing a person to quit gambling where they are addicted will never make you achieve the goal of stopping them. There should be the right process to conduct to make them stop without forcing them. The right thing to do is to help them by making them realize the important things they need to do or prioritize instead of spending all their time being addicted to gambling. Forcing them will only make them think to spend more time gambling and make them more addicted than their current situation until they are no longer able to help.
i also think that forcing someone not to gamble is the same as making them even angrier and will actually fight us. the approach taken should be with understanding and empathy, where we should be able to advise them face to face. if they still resist in the process, give him more advice and don't allow him to gamble more than he can afford. because stones that are dripped with water will also change shape, like people who are addicted, if we continue to give advice and empathize with them, maybe it will help them to soften and reduce the intensity of their gambling. It should come as no surprise that forcing someone to stop gambling against their will can backfire, resulting in increased frustration and resentment. Taking the time to speak with them face to face and offer advise and support is far more likely to have a positive impact. And an analogy of the stone being shaped by water over time is extremely powerful; it implies that change is possible, but it requires patience and persistence. Definitely changes from an addicted person is truly possible by the help of having a lot of patience and persistence but I assume that it will also take a lot of time before they overcome this addiction. Speaking with them by face to face is one of the best way to guide and to help them because if you only know, that's what doctors like psychologists do mostly, they talk and give a lot of advice to a person so that he remembers again and again that what he does needs to be limited, in this way, a person's time is reduced in gambling. |
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