If people just to fancy anf luxury restaurant to eat food when they are not well financially buoyant their is no wisdom in such lifestyle, I just see this as a burden. Nobody even cares about what you eat, it is wrong for people to spend all they have in fancy restaurants on food just to prove to people that they are capable of affording it.
When it comes to food people can still go for healthy food and affordable which won't make them to spend much , but also save for the next day. No need to rush life to try to reach the height one haven't reached.
They are doing something ridiculous if they only show off the luxury of eating in VIP class restaurants when financial conditions are critical, this tradition is maintained by luxury crazy people to always want to be recognized as rich, but actually no one cares about your activities, so stop being irrational because they do this without their financial support. We have to change our mindset to set financial priorities for the future, as you said, we must have savings rather than buying purchases that are not needed for the long term, if we have savings it will be useful for future financial needs and emergency needs that require funds at any time . |
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I think you can see historical data on BTC price movements for December, whether one or two years ago, on cmc. The habit in December is that it is high, but will BTC's ATH continue to break through or will it still be below it? You must continue to monitor and buy BTC so that you don't miss out if the bull comes at any time, Bitcoin will definitely reach that in the trading market.
It is very possible that ATH in Bitcoin will be created again if price spikes continue to occur in Bitcoin in the next year or the following year, because this year it is less likely that this could happen. Moreover, the current price of Bitcoin is still too far from the previous ATH level in Bitcoin so the hope of many people is that it can have an effect that can encourage more buyers into the market at the end of this year and next year so that greater price achievements can soon occur in Bitcoin. The possibility of reviewing market analysis at the end of the year does not match expectations for an increase in buying volume in the crypto market, previous analysis shows that the market will experience a correction due to the high coin conversion rate for holiday expenses or long holidays at the end of the year, so I hope there will not be a high correction to provide a signal of bullish market support will soon come next year, 2024 will be a year of long waiting which is expected to provide a surprise for all diamond hand holders. |
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The gambler had the habit of hiding of the win from the gambling sites.This was main cause of the gambler was threatened by the government to pay the cumposary taxes for the winning from the gambling sites.When the gambler was supposed to loss in the gambling sites,mostly they was blammed by the gambler friends for the loss in the gambling sites,even if they not contributed you by any money help at the time of need of loan for the game.So the gambler will not like to share to their friends for the reason their friends will start to ask loan for the individual benefit.When your friends know about your gambling involvement they will start to not give loan for you at the emergency.Because their opinion will be you are asking loan for the gambling game and loan because you had loss the dollars in gambling.
They hide their gambling activities for several reasons that you have mentioned above, gambling activities are still seen as negative which can cause financial losses and gamblers will lose many friends if they find out you have a gambling addiction, gamblers will find it difficult to ask friends for loans even if you say something honest that loans for other needs besides betting in gambling, but your loan application will be ignored because they find it difficult to trust gamblers, so it's better to keep your gambling activities a secret from anyone because you don't need to know about your personal activities. |
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It is considered now as one of the responsible of casinos and part of their operations is to help those who get addicted and I believe it should be promoted on every casinos so the gambler can know that if they need a help, there is someone who can actually help them. Addiction is not ok and recovering from it is not that easy, having this program can at least give the gambler an opportunity to rise again and recover from such addiction.
But I am sure that every casino will not release this program to sponsor sites dealing with gambling addiction, even though they know that gambling addiction is difficult to cure but the casino does not want to put its position in supporting the treatment of gambling addiction problems, but maybe the casino will consider the opinions of the community if Many gambling communities want casinos to participate in dealing with the problem of gambling addiction, so we have to raise more discussions about this problem so that every big casino responds to sponsoring activities to treat gambling addiction. |
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Trust has little to do with taking loans from a bank. It’s more like the lack of financial credibility from the loan applicant as the bank wouldn’t believe the applicant could pay back the loan at the stipulated time.
Applying for a loan for a business is serious business as no one would be willing to invest in a pipe dream.
You are right, my friend recently applied for a loan to build a new business but the bank will review your work history and your monthly income, if financial credibility does not support the amount of loan that has been proposed then the bank will not approve his proposal and other solutions they have to make a loan application lower according to the predetermined payment time. I agree with you on the need for information and need to make proper research in preparing a business proposal. A good number of applicants don’t take their proposals and presentations on their ideas seriously and the lender would end up not being interested irrespective of how viable the business may seem.
We must have business management skills and have the ability to develop entrepreneurship, however you have planned a strategy in a business proposal, it will be meaningless if you do not have the skills to develop your business, lenders will review your proposal and they will ask critical questions about your proposal. . They are very careful in selecting business proposals that are suitable for providing loan capital for long-term business periods. |
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I also believe that $40k could be hit before the end of the year, but if that fails then of course we can expect it towards the halving or after. The current priority is accumulation as opportunities to buy low will no longer be found once bitcoin surpasses its all-time high price in the next bull run. Unfortunately bitcoin still failed to break $38k, if it had succeeded yesterday then $40k could very well have been hit.
The market only needs another 10% increase to reach $40k, realistic predictions can reach until the end of the year and I am optimistic that the market will close at $40k+ in December, if the predictions do not match expectations then we have a positive opportunity after the halving period for positive support increasing crypto market prices. I think the lowest price to correction high does not fall below $30k again but as the bullish period comes then we will soon see a recovery high to reach again the previous ATH and our hope is to make a new ATH record in the next 1 or 2 years. |
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Therefore, as parents, we must be able to position ourselves when we are in front of them. We don't need to show we are gambling because after all, they will probably see, be curious, and ask more questions about what we are playing. Maybe if we play cards, they will ask how to play them and ask to be taught, but what is more worrying is if they see a pile of money on the table while we are gambling. They will see it and will probably imitate what we do because they are curious about our reaction if we win or lose. Maybe they will try gambling with their friends using the money their parents gave them. If they get that pleasure, they will try again another time and will do it more often without the adults or parents knowing.
Everything related to gambling must be kept out of reach of children, if you gamble online then hide gambling applications and browsing history on your smartphone and if you gamble physically then hide your gambling activities from the view of children and family, you must be seen as a parent responsible and good parents to them. An easy solution to dealing with gambling problems in children but some gamblers are not aware of keeping gambling away from children, they think children do not understand gambling activities but they record visuals in their minds so they will find out what you are doing with your smartphone and they will imitate it without you knowing. |
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It was something very sad, the person has a YouTube channel with many followers, he receives sponsorship from a casino with a strange name, he starts lying to his followers telling them that if they created an account using his referral link, they would win a lot of money at the casino, so People took out loans and put money into that casino thinking they were going to win a lot of money and they lost everything and started recording videos crying and yet the guy still keeps posting and saying the same thing about the casino scam. It's unbelievable how certain players behave
The news is very sad because they are very easily influenced by scam content, but actually the greed factor to chase high profits has been caught in the lies of influencers who have promoted scam gambling content on their YouTube channels, the owners of the channels have entered into contracts to create scripted content and they create content uses a gambling demo account that has a high winning ratio set to attract interest from new gamblers, he doesn't care about the content that scam gambling can harm others but he cares about the high contract fees that scam gambling pays. So be careful looking for references on YouTube because YouTube content is not filtered to prohibit fraudulent content unless they have reported the content on YouTube. |
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With the current price performance of bitcoin in the market, I'm optimistic to say that $69k will be easily reached or even surpassed before the year ends. But it never means that bitcoin price will go straightforward and create a new all time high. That is not how bitcoin works. Expect that we will come to experience some price decline first in preparation for its new all time high. Although this is still not a sure guarantee that we are actually heading there because of market volatility, but rest assured that we will come up with a new all time high, if not this year, then probably after the bitcoin halving.
Even though we have reviewed the performance for the last 2 months but to determine the prediction of $69k it seems difficult to achieve for another 1 month at the end of next year, I only hope that the market price can close $40k+ by the end of this year then the price prediction for Q1 next year will be closer to reached the previous ATH. The market is currently experiencing a correction of almost 4% after a drastic increase last week and the market volatility does not support a significant increase this month, it seems that the $30-35k price will persist throughout this month and we hope that positive news support will increase the market price soon reaching the $40k price. |
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Any reaction that you take will affect the next decision making that you\'ll going to take, like what you mentioned if we are in the winning side we will keep pushing to win more, while if we are in the losing side, we will try our luck to recover the money by adding more to our bankroll, those decision are being made after we experienced the adrenaline the lust inside you that will lead you to please that kind of enjoyment,
though if you get caught in the middle you will find yourself getting involved too much and you are starting to get addicted and the control is no longer available.
If we continue to indulge in gambling then we will not be able to manage the risks in gambling, the reactions of winning and losing as you mentioned above have an impact on behavior that is not recommended in gambling because if you win you will chase other wins and if you lose you will add more money to can recover losses on the next bet, if you always do these activities it will result in gambling addiction and the solution is to apply limits on the use of funds to limit gambling activities, if you are lucky to get a win or jackpot then it is better to stop betting to withdraw all the funds, if you bet again tomorrow then use funds according to the limit for daily gambling. |
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Although gambling is completely based on luck and cryptocurrency markets are partly based on luck, they both have common features such as risk management and being able to trade/play in a disciplined manner. It is possible to answer the question depending on the conditions I mentioned above especially since risk management is very important in both.
I am sure that almost all gamblers on crypto-based casino platforms have crypto investments, risk management between the two is different because crypto investments require high funds and risk management must be improved so that you don't choose the wrong coin to invest. However, luck in crypto can be predicted with analysis techniques and news support review regarding crypto updates but gambling is difficult to predict even in sports betting because the winning betting choice depends on the gambler's luck. I think if they can manage the risk in crypto then they can also manage the risk in gambling, but if they fail to manage the risk in gambling then it will have a bad impact on crypto investment, I am afraid that many gamblers have damaged their crypto portfolio because they failed to maintain long-term investments. |
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The act of greed will allow us to cashout our games? Because we become more interested in the system and desperate to earn everything our hands could get hand on, that's the moment we learn gambling the hardway, ready to risk everything for gambling and don't fall into the appropriate category at the end of the day, that absolutely hurts more than we could imagine in the system. When we witnessed or come acrossed big winnings in the system, we become more motivated and these enormous winnings persuades us to do things that are not on our watch list.
If you experience a big win, it will increase your greed in placing high bets because you think it is just a loss of winnings, but the situation gets worse when you continue to experience consecutive losses so that you will lose everything. Every gambler will lose 30% of their winnings and they realize that they have to withdraw profits to maintain their winnings, so the right choice is to stop gambling to enjoy the winnings and return to gambling the next day. |
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Education is good but do not bring income to us. We need to use the knowledge we have gathered to establish ourselves and create better business if we have the funds. There are people that have the mentality that they are going to rich when they go school. School or education is never the key to success.
There are many people that are graduate now and still don't have the sense to make money for themselves or become and entrepreneur that is really to create businesses so they can employ other graduates to work for them.
Academic education does not guarantee you achieve success but provides knowledge to design strategies to build a business, many academic people achieve success in different fields because they have the resources to think and learn to understand new knowledge, but the average person who does not go to school does not have a job and some of those who are successful. Education is the main thing that is mandatory for everyone and the government has regulated legislation for compulsory education up to high school, I hope everyone understands basic education for their own abilities, because without an education degree it will be difficult to apply for a job |
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If the casinos were becoming a problem to the country, the government of that country would have banned it without hesitation. They are reluctant to ban them because they are making money from the huge tax these casinos pay. The government did not impose gambling on anyone, so the decision to gamble is a personal choice. The least the government of the affected countries and maybe Non-governmental Organisations and private individuals can do is to sensitize their citizens on the need to gamble responsibly and help them too overcome addiction.
The government does not regulate gambling limits but only provides legalization permits for gambling, so gambling limits are set individually according to each individual's financial capabilities and they must bear the risk of loss. But after cases of high losses for 2 years, we can assume the government only wants tax income from gambling because they do not provide socialization to prevent large losses due to gambling. Don't rely on external parties or any non-governmental organizations to educate about responsible gambling but rely on your ability to gain new knowledge and learn from other people's experiences to minimize losses in gambling |
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It is obvious that not everyone is interested in horse racing game because some persons do not know how the game works especially betting on it. When it comes to gambling, I mostly advise people to go for what works for them than trying to learn something new that would start making them to be making loses. The goal is to make profits from gambling no matter the kind of game we are betting on whether easy or difficult for some persons. Whatever works for us is what we should gamble on rather looking for new kind of bets to play to win more profits.
Many gamblers are not interested in new bets because they do not know the technicalities of predicting wins because most gamblers focus on football betting, so it is possible that those who bet on horse racing betting already understand the potential to choose winners, they are chasing profits instead of choosing the favorite racing team. However, there will be more and more horse racing fans if this sport is competed in all countries and added to the international Olympics, hoping that the support of all casinos adding horse racing betting will have an impact on increasing fans of gambling on that sport. |
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Gambling is not the illegal in the many countries,because it generate more economy flow and also control the money flow in the country.The developed countries doesn’t worry about the legalisation of the gambling,because most of the gambler will have enough money for their survive and use the free money for the gambling.If the gambling site was prohibit by the government,nearly 60 percentage of the population will follow the rules blandly.So the government plays the huge role in the gambling movement in that country.But some people the rest 40 percentage doesn’t worry about the government rule on the gambling.
Even though the government regulates gambling as a prohibited activity in legislation, the reality is that gambling still operates without being banned by the government, only a few gambling sites have been prosecuted as proof that the government has worked, but big gambling is still operating because many assume that gambling gets its legality from dark spaces. IMO So regardless of the legality of gambling in each country, there is still population data that is addicted to gambling, in countries that prohibit gambling, it may have a lower percentage of 10-15% susceptible. |
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Yes, actually there are many more bad impacts when we calculate our losses in gambling and what often happens is as you said and several other impacts, perhaps like what I experienced, when one day I saw the total losses during the time I had been gambling, I became imaginative and thought if only that money I don't use it for gambling, maybe I can buy a house with several vehicles and in the end I regret myself as you said and this regret is when someone has low thoughts, usually they can't control themselves, instead they seem to want revenge, taking the loss and the biggest impact this is bad for me.
It seems that you are experiencing high losses in gambling, but you choose to ignore the losses because you want to avoid the impact of depression and avoid anger to recover losses from gambling with revenge. Actually I calculate losses from all gambling history, but I am not a gambling addict and rarely gamble so I only have small losses, I can recover gambling losses from other income including from trading activities and other work, I also determine the limit of losses from gambling, if I experienced high losses so I decided to stop gambling or only gamble one bet per month for sports and wrestling bets. |
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I get what you are trying to point out. This is what the whale does. They gain more confidence in the market and the price reverses a little when people try to make an entry. This is a well set trap for investors who don't look at the historical chart. Historical data shows one last major correction before the halving and this bull trap is designed for those events. I am not sure what bad could happen by that time that the market will make a big correction like this. I am not sure about other but the only thing I want to say is that I am also expecting a major correction before the final rally.
We must review the analysis data from each halving period on historical charts, the price movement pattern may be different but after the highest price is reached there will be a major correction which is predicted to see prices fall low like the data on each historical chart several years ago. They are taking advantage of the halving momentum next year to push up market prices, but we must be careful of the impact of a large correction that could occur at any time if many whales have taken their profits. But we have to review the market from various aspects and if the market pushes on the recovery ATH then we better be patient to not be affected by a small correction, chances are the market price will be higher to reach the next ATH. |
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In the case of OP, he should just DCA in different price level instead of buying at single price of 35k. All is just an assumption that market will go well next year that makes us easy to calculate profit but everything can be reversed with just a single bad news. I’m not trying to jinx but crypto is unpredictable and typically buying near the current high is what makes people always left behind when the market correct.
But on the current market scenario which 37k is already reached. I will wait for more highs then correction before I start buying again to make that I’m not buying at peak simce the market will not go away since it always tend to correct at some point.
We must be aware that market fluctuations are very susceptible to influencing any news related to crypto, we may target a single price of 35k and it is possible to predict that in a few weeks or months the price will be even lower, I always advise new traders to prioritize DCA every time they purchase crypto assets and buy put low price. Dominant traders assume the market price of $40k will be reached but they do not anticipate the possibility of a market correction from the impact of bad news that could be posted at any time. The market will definitely be corrected at some point unless there is a lot of positive news and the daily volume of the market is increasing which will encourage an increase at a high price point, all predictions are just assumptions so be careful buying the current highest price and prioritize DCA. |
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The definition of rich in my opinion is also quite random, in fact, quite a lot of people say that the definition of rich according to them is a healthy body/mental and a complete family, currently, i live a quite comfortable life, the business i have built is also quite stable, my family is also very harmonious then it can be said that for now, i am rich enough, while people out there see wealth only as money so that when they get sick, the money they have is used up to pay for their medical treatment.
There is a wise sentence that i once heard, written that although money is a measure of wealth, true wealth is a comfortable mind and a calm heart, That sentence is quite great imo.
Rich is defined depending on the context, the rich context in this discussion is closely related to economics and finance but I did not find your statement related to the discussion of economic standards which are included in the rich category, so let me complete your statement that rich has material wealth standards that are useful for family needs, running the business you manage, having an emergency fund for medical expenses and other needs. Even though my economic level is not classified as rich, I am grateful to have gotten a new job to increase my monthly passive income, I have enough income for the needs of my small family and allocate some funds for emergency savings. |
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