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661  Economy / Economics / Re: Is the need to be known a requirement to qualify for a loan(s)? on: October 19, 2023, 02:43:03 PM
I have no experience regarding loans online or from loan applications which are currently increasingly appearing in advertisements on social media or other platforms.
But I understand why certain requirements are needed to make someone eligible for a loan. Although currently many loans can even be obtained without collateral. But everything still has to be done by displaying an official photo ID that is still valid. And activating GPS is also intended to enable the lender to confirm the borrower's position. And I think that's a reasonable step for lenders to put in place.

Even to ask for a loan from the bank, more complete requirements are required. Even pay slips and the like are sometimes needed to ensure whether the person who is going to borrow will be able to pay the installments or not. But there are types of loans at banks that also do not require collateral. Namely in the form of capital loans to customers who need capital to develop their business. And the only requirement required is proof of ownership of the business that will be developed by the borrower. so checking the borrower's direct location is necessary. which is usually done by the bank officer.

It's true that I'm the same as you, I've never had experience in online loans like that, not that I never wanted to but the strange thing is that when I applied for several loans it was always rejected, I don't know what was the problem and it happened not just once but every time I applied for a loan until I finally gave up. Now online loans are increasingly circulating on several social media platforms that we have, for the requirements themselves, it is clear that there must be certain requirements that must be met, whether it is difficult or not but they definitely tell us to do the requirements in accordance with their SOP, none other than that just for collateral, especially online-based loans they will definitely be strict in protecting every customer who borrows. Because there have been many cases that have occurred where the borrower ran away when he got the money, of course I think the requirements that must be met are reasonable, all for the safety and comfort of both parties as well.

Yes, that's right, especially if you want to borrow at the bank then there will definitely be more complicated requirements that you must fulfill, as you said a pay slip, nothing but the bank just wants to know how much you earn in order to adjust the amount of loan they give, because of course if you have a low income then the bank will also not give a loan that is too large. Of course, none other than that just to balance so that you can pay it with the appropriate amount of tenor. Some loans will make it easier for you, whether it's at a bank or an online loan as long as you can be fully responsible then they will make everything easier.
662  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: October 19, 2023, 12:48:32 PM
This is a surprise that sometimes cannot be predicted because after all the favorite does not mean they can win easily as well as Arsenal in the match against Lens.
They excel in everything in terms of attack and their performance is better, it's just that matches like this and Arsenal's defeat are difficult to predict even though this is not impossible for things like this to happen.

To fight Sevilla, the two clubs are currently still at risk because Sevilla sometimes surprises when playing against clubs from the EPL but on the other hand there is another tough match for Sevilla because in domestic competition they will also face Madrid which of course this will also make them tired.
Arsenal are still favorites in this match but of course the same incident as the defeat against Marseille can also still happen.
You are right, when facing Lens it never crossed my mind that Arsenal would be beaten. In the first few minutes Arsenal game was quite promising, but after the second half they couldn't penetrate Lens' defense.

Therefore, it is quite difficult for me to predict whether Arsenal against Sevilla will go well. Sevilla has not performed well recently, but in the UCL their mentality will improve and Arteta troops need to be careful so they don't let their guard down and concede a goal. The slightest gap can be exploited by the opponent. I hope that both Sevilla and Arsenal can entertain us in this match with intense play. At least we will really look forward to the fast rhythm of the game.
663  Economy / Gambling discussion / Re: The Casino Industry's Contribution On Your Country By Percentage on: October 19, 2023, 12:25:35 PM
How about in your country does the casino industry contribute to your economy in terms of revenue coming from taxes, job generation, and establishment of companies that revolve around the gambling industry? do you think that your country should expand and encourage new stakeholders in the casino industry to increase revenue and employment?
I would say the opposite, I think the gambling industry is destroying the economy (in my country). Considering that based on government reports they lose typical state revenue due to gambling. Where the economic turnover, where people usually actively buy and sell goods, is now decreasing. Most of these cases refer to people's gambling activities which are becoming more and more significant day by day. They are more active in spending money on gambling than buying goods. As a result, economic turnover is hampered, this comparison is seen from before and after the pandemic. Therefore, if I'm not mistaken, the government is making improvements by blocking online gambling sites, in fact every day the government blocks more than 10K illegal gambling sites.
664  Other / Off-topic / Re: Do you find yourself doing unnecessary purchases when there is plenty.. on: October 18, 2023, 09:49:00 PM
This is something that is considered normal because it is human nature after all.
When our economy grows well and money continues to flow into our personal pockets, we will also indirectly adjust to the needs that will indeed become more than before. But that's just my polite way of saying this because in the end we will also try to become habitual and buy what we have never tasted which makes when our economy increases then the needs will also increase because our lifestyle changes.
This is indeed an action that actually makes a habit and makes us wasteful but on the other hand things like this are difficult to prevent because after all this is the nature of us as humans who always feel less and will forever be like that.

It would really be called our nature as humans if indeed all the factors we have support such as for example what you mentioned with increasing finances then surely our purchasing power and desires will also be higher. But in my opinion this is not a matter of desire but only to fulfill needs if indeed your needs are increasing, it is quite clear that there are many factors that cause why you spend more money than usual, for example you already have children then obviously there will be money that you have to allocate for your child's needs, no matter with your finances increasing or maybe normal because it is a necessity that must be done.

But for lifestyle issues that are very much related to desire, I don't think it's necessary. If you're one of those people who has good money management then I'm sure you won't be tempted to allocate that money for things that you don't really need and don't need, like for example to improve your lifestyle. It's just a formality that is only to be shown to the public eye and that produces satisfaction that you can feel, not really giving benefits except for satisfaction. I am sure if you are able to manage it well then you will prefer to live as usual and allocate the money you have to a place that can provide you with more significant benefits for your interests in the future, such as investing or buying some property that will essentially be able to have a much greater increase in the future.
665  Economy / Gambling discussion / Re: Do your parents know about your gambling habit ? on: October 18, 2023, 09:27:17 PM

Yes, that's gambling no matter how you hide it, no matter how tight you hide it by not telling anyone at all, one day it will definitely be found out too, just like you hide a carcass over time, it will smell too. Therefore, instead of continuing to hide it, it is better for you to try to stop, I understand that it is quite difficult, but nothing is impossible if you keep trying even if slowly.

Of course, every parent has a different perspective and response every time they see or face a problem, I see that your parents are quite different, which as you said you thought they would scold you for being caught gambling but apparently the assumption was wrong. But to be honest here I see your parents are quite understanding, they don't scold you because maybe they know you are a big boy and should be able to think to distinguish what is good and what is bad, I am quite impressed with the advice conveyed by your parents. Instead of scolding you they responded with a suggestion that you can consider, that's right, it doesn't matter if you want to gamble but we have to be responsible gamblers by accepting all the risks involved and also of course with strong self-control so that you don't go too far into gambling.
You speak the truth. Every behavior, especially gambling-related ones, affects our psyche and those around us. With its appeal and digital immersion, online gambling is adept at hiding its addiction. It's fascinating and scary how humans are predisposed to do so even when the repercussions are obvious.

Your parental reply observation is insightful. It shows their comprehension of human behavior and gambling addiction. Not everyone reacts to aggression. Gentle nudges and understanding are often needed, especially if the person is grown and can tell right from wrong. Responsibility and self-control are key in online gaming. Solution layers are needed for this problem. More people seeing things as clearly as you do might help break addiction's shackles.

Yes and over time they, especially the people around us, will also find out about our gambling habits, it can be through anything, whether it's from your nature and behavior that has changed, and also in terms of your finances that are always experiencing problems, they will know it because they are one of the closest people in the environment around you. So instead of continuing to hide it then I think it's better for you to look for other alternatives that can take you to a safer and more comfortable place, and yes one of them is by always trying to stop doing it, I think there is nothing better than that.

Parents have a very strong sense of their children, whatever their children do they will at least be able to find out through any medium, so maybe I think it's wrong if you intend to hide it because it won't last long. It's better to tell them the truth and ask them for advice, both parents know how you are and what's best for their child, so of course it can be a huge encouragement for you to consider all the advice they give you. You are old enough to differentiate things and I think with that encouragement you just have to choose the wiser option when in that situation.
666  Economy / Gambling discussion / Re: Do your parents know about your gambling habit ? on: October 18, 2023, 05:53:25 AM
Most of the grown up people do not live with parents. At such, the parents are not aware about the interests and habits of individuals. Do you parents know that you gamble ? What was their first reaction towards your gambling habit ?

I was a high school student when I gambled for the first time and I tried to hide it from my parents although I know that my father is also a gambler (traditional gambler) who gamble when there is special moment only in my village. Although I have tried to hide it but my parents knew about my gambling activity eventually. Their reaction was not as what I thought, I thought that they will be so angry but they just told me something like "it is fine if you want to gamble, but be responsible, use your own money and do not use the money we give for your school/education".

Yes, that's gambling no matter how you hide it, no matter how tight you hide it by not telling anyone at all, one day it will definitely be found out too, just like you hide a carcass over time, it will smell too. Therefore, instead of continuing to hide it, it is better for you to try to stop, I understand that it is quite difficult, but nothing is impossible if you keep trying even if slowly.

Of course, every parent has a different perspective and response every time they see or face a problem, I see that your parents are quite different, which as you said you thought they would scold you for being caught gambling but apparently the assumption was wrong. But to be honest here I see your parents are quite understanding, they don't scold you because maybe they know you are a big boy and should be able to think to distinguish what is good and what is bad, I am quite impressed with the advice conveyed by your parents. Instead of scolding you they responded with a suggestion that you can consider, that's right, it doesn't matter if you want to gamble but we have to be responsible gamblers by accepting all the risks involved and also of course with strong self-control so that you don't go too far into gambling.
667  Economy / Gambling discussion / Re: Learning from those who have experience on: October 17, 2023, 07:54:11 PM
We all know how gambling can affect the life of an individual person, especially if he’s into addiction. So as much as possible, we should not encourage our children to get attached with gambling. However, that does not mean that we can still control them in the future if they really want to engage in gambling. So the best approach is just to educate them the risks about gambling and make them understand that it should only serve as a source of entertainment, but never expect that it will be a sustainable source of living. That way, if ever they will gamble in the future, at least they are aware already the negative things about gambling.

Our children are not completely ours, they are free to do whatever they like and whatever they want. However, we as parents are obliged to guide and direct our children so that they do not go in the wrong direction.

Adolescence is a time when the level of curiosity is at its highest and they always want to do new things that they have never done before, including gambling, so it is true what you say that we must give them an understanding first as a provision before exploring the outside world. , because then at least they can differentiate between good and bad, positive and negative, so that later they will try not to do things that will only harm themselves.

I disagree if we assume that our children are not entirely ours, honestly this statement is quite confusing, but well forget it. Of course we can give freedom to our children but that doesn't mean we give freedom in everything, of course it must be supervised too, if indeed they do something that can harm themselves or even others then obviously we have to stop it, as you said the role of parents is nothing but educating, protecting and directing them.

I agree with that statement, because it is true that they have a high level of curiosity about new things that they first find, they really want to try it, gambling is no exception. If we parents are careless in supervising them then it is very likely that they will enter the gambling zone and we will be surprised when we find out. One of the factors that will be able to greatly influence them is from the surrounding environment, so we as parents must really be able to provide very good understanding and learning to them, and also even though you release them but still have to be under strict supervision as well.
668  Economy / Gambling discussion / Re: Don’t push playing more on: October 17, 2023, 07:24:57 PM
This is true about everything, when people are having fun they do not want to listen to a speech regarding their responsibilities and controlling their expenses, so they ignore everything on the pursuit of their enjoyment, but this is a dangerous attitude to have, as if they gamble without any limits then one day they will be unable to accept the negative results they are getting and make bets that are a little bit too rich for them, and once they realize what they have done they will regret their actions, but by then it is too late to do anything to change what they did.

You're right, control and self-limitation are very important when it comes to gambling and most people often forget that because of the excitement when they get lucky in gambling, want to get back what they lost, etc. There is nothing wrong with having fun, just don't overdo it and don't forget the responsibilities so you don't regret it later. We know that regret always comes last.

Nothing else can help you except limits and self-control, if they don't apply to their gambling then I'm sure they will have the same fate in terms of downturns as those who are already addicted. I think most of them forget that self-control because they are too cool to play and too focused on chasing victory there so that they should stop but instead continue to play because they are tempted by what they see until finally well defeat happens to them again.

It should be like that, as you said, indeed we must be a responsible gambler, whatever the results, especially defeat, we must be able to accept it gracefully, because obviously if we are carried away by emotions then we will continue to play without taking into account how many defeats and losses we have experienced. True, regret will always come at the end, so it is better from now on we think about it and avoid something that should not be done.
669  Economy / Gambling discussion / Re: Do you gamble because you don't have sufficient money? on: October 16, 2023, 11:09:46 PM
Some people may resort to gambling due to various reasons, such as seeking excitement, or coping with personal issues. Though I usually prefer to gamble for fun because of avoiding emotions

People bet for just one reason, the reason people go into gamble is because they want to make money. Of course people gamble for fun, even if you do it for fun, gambling is not something funny because your money is involved, and you could lose a very good amount of money because it is risky. I doubt if anyone would go into gamble for excitement or going into it just because your going through issues. It's for making profit, of course people do it for leisure but the major aim is for them to make profit at the end of the day.

You should actually believe him when he said he gambling for fun. As weird as it may sound, we have people that really do that because they have a means(work) that bring all the money they need, there are some gamblers that don't do anything, money comes from their parent business and inheritance and they gamble to catch all the fun they need. If they win, they celebrate and if they lose, they walk out, so there are people out there that gamble all days and night without there money and they are living fine, it doesn't affect them because money for other things are there.

I think the rational behind people about gambling and money is dependent of how expose people are to money. If you have less than what you need, that's when you see gambling as a place to make money. During the world cup, I see someone break TV screen because France lost to Argentina, not because he bet. The amount doesn't worth 1/4 of the amount of the TV and yet he broke the TV, he let's his emotions overcrowded him because he wanted to have fun but didn't went as he expected. That's how fun some players do with betting.

Sometimes trust is quite difficult to get if the person who says it is a gambler, especially if they are famous for their character who likes to lie in the surrounding environment, of course it will be a doubt about something that comes out of his mouth even though the reality is in accordance with what is said. And basically we can't apply a bad view to every gambler because not all of them are like that, as you said there are some of them who really gamble just for fun and don't expect excessive winnings at all like gamblers who are already addicted in general, because obviously they already have a job that can support their lives for a day - day. There are still people who come to gamble when they are really bored or to fill spare time on their days off, but I think it all comes back to the mindset of each person in viewing this gambling.

Yes and some other factors can also greatly influence a person's mindset, such as financial shortages and when they see this gambling at a glance they assume that it looks like this gambling can be used as a place to earn income, none other than this assumption comes out because of the financial pressure they are experiencing. Your logic is quite reasonable about fun, and again I think it depends on their perspective.
670  Economy / Gambling discussion / Re: Don’t push playing more on: October 16, 2023, 10:36:38 PM
That’s when gambling gets dangerous. You shouldn’t get obsessed with winning and you should definitely not double down on your losses. Yes I am talking about Martingale and any of its variants. When you gamble you should focus on how much you are comfortable with losing. Because your chances of winning something is mathematically lower than losing. You should realize that your are not investing when you play in a casino, you are gambling and most gamblers lose in the long run. It is not like investing where you buy a house or an index fund and make profits in the long run. It doesn’t work like that with gambling. If you want sure returns, start a business or make investments. Gambling is only for having fun.

This is what is feared when they gamblers are too obsessed or put high hopes on a victory, and if that happens then I'm sure they will be willing to do anything just to gamble, such as borrowing money from people around them or even taking unexpected actions such as stealing money just to gamble, this is really an impact that is very dangerous for everyone. In the event that you've got a lot of time on your hands, you're going to want to make sure that you've got a good understanding of what you're doing and what you're doing.

Being a responsible gambler by accepting all the consequences at the end of the round is better than you keep thinking about how to win, don't bother because this is really about luck so it means that if you are lucky then you will easily get the victory. That's right, the percentage of wins is in fact much lower than the very high losses, everyone has proven it and I'm sure they admit it. It's quite strange to see the mindset of people like that in gambling who want to make easy money, of course if you want to make easy, consistent and long-term money then gambling is not the place, but you have to find another job, business or whatever it is that has a guarantee of success and real profit, that's all.
671  Economy / Gambling discussion / Re: Relying on gamble wins is dangerous to mental health on: October 16, 2023, 10:14:56 PM
Even though gambling winning is very sweet, it is very risky relying solely on it. It is always better to make gambling a means of passive income and not a full time job. Gambling requires funding and when there is no stable income, there will be a huge impact on the psychology especially when there is serious loss that is always possible in gambling.
Indeed. Winning in gambling is always very pleasant. But don't let the win to trigger us to gamble excessively. There are many people who end up with over gambling because they think to win more and more when they use bigger amount of money. Just gamble with reasonable budget/funds, don't try too obsessed of the wins. That's what I learned after gambling for years in any casinos.

And indeed the thrill of victory is what everyone is always looking for and looking forward to, so even though sometimes the amount of their losses is greater than the victory but it's like nothing - nothing when they have managed to get a victory, I mean 10 defeats may be treated with just one victory even though the amount is still very far away and losses still dominate. True, we should not gamble because of the basis for victory or looking for victory because obviously the impact of defeat often makes them down, but in fact only a few have a healthy mindset in gambling, on average well as we know they come always with high expectations. Basically, their normal logic or mind is inferior to the opportunities that are there that make their hopes high when in fact it is just nonsense.

Trying to make gambling to be a full time job, seems not make sense for me. What I know, there is no guarantee for the wins in gambling. It means we can't expect to always gain money from gambling. If we make it as full time job, how we fulfill our daily/weekly/monthly spending. We need a job that can guarantee for our income monthly. It is something we can't get in gambling.

Of course how can you make gambling a full-time job while there only rely on luck to be able to make money, obviously it doesn't make sense, because yes as you said, there is absolutely no guarantee of victory no matter how much capital you bring, it's still if you are unlucky, you lose. So we have to be more realistic in seeing this gambling, you can gamble just for fun and to fill spare time when off work, it's better and also don't overdo it.
672  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: October 16, 2023, 02:35:43 PM
De Bruyne has helped Manchester city to achieved so many titles that made the team the best in the premier league and UEFA champions league competition that made their coach to love him more than other players in the team . Truly De Bruyne absence has caused Manchester city little negative change which their coach need to do something fast to help the team to recover from the two matches they experienced defeat from their opponent, because their position in the premier league table has be dropped down and their points also. I believe, Erling Haaland is doing a great work to help the team to achieved victory in some matches despite the absence of some of their potential players in the team but he still prove to fans in a positive way.
I've said this for a while: De Bruyne's magic on the field is what made Manchester City so great. You can tell when he's not there, right? The medals, the fame, and the wins in the Premier League and the UEFA Champions League are mostly his fault. It makes sense that their boss likes him. I get that every team has bad days and good days, but those last two losses? Ouch

Without a question, Haaland is a monster. He's been shining bright even when some of the other key players aren't there. But can he do what De Bruyne did? I'm not sure about that. The song isn't the same without the lead guitarist in a rock band

Yes, the greatness and progress of Manchester City as the strongest squad in the EPL certainly cannot be separated from the important role of a De Bruyne, I think everyone including Manchester City fans already know that he is indeed one of the great players there and also of course one of the key players in every match as well as those who have helped Guardiola's squad in winning the Treble Winner last season. And well the defeats in the last two matches are enough to make us doubt Manchester City a little, I will not blame their performance too much but it is quite clear that this situation can prove that De Bruyne's role is very important in every Manchester City match.

It makes sense, no matter how good Haaland is as we know he can always be a scoring monster but still it will not mean much if there is no one who is able to accompany him or provide some opportunities that he can use to become a goal. Honestly, I'm not going to compare each player because they're all great in their own right and yes, when one of them is absent it's pretty clear that at least there will be difficulties.
673  Economy / Gambling discussion / Re: Quit gamble! Easy or Hard? Let's talk. on: October 16, 2023, 01:59:53 PM
You do not need to be surprised because some people think like that. They want to make money from gambling, especially because they have often seen several people who have succeeded in making money and making gambling a place to make money and a source of income. But we don't know how much money they have used until they can make a lot of money from gambling. Even so, some people can really make money from gambling, but they have better abilities than other gamblers.

Other gamblers still lose a lot of money from gambling. But that doesn't make them realize that what they are doing is wrong, and instead, they continue what they have been doing. And what happens is that they get deeper into gambling and have difficulty avoiding gambling because they feel they are tied to gambling. But actually, they can still get out of gambling, which requires intention and hard work. We already know that gambling is entertainment, so we do not need to use it as a source of income but only as entertainment.

Just one single win give them that hope, I mean they think like that after experiencing that they are able to make money after winning some bets, not knowing or not expecting that after that winning streak reality will stab them at the back and start emptying their savings, people who believes that they can make a decent amount of money out from gambling most of the time losses a lot.

Yes I understand what you mean, it's basically like that buddy and that's the temptation in gambling, even though they only get one win but strangely just that can make their hopes even higher, assuming that they will be able to get another and bigger win the next time, But the reality is that well as you said after the winning streak there will be a clear losing streak too but the defeat seems endless and only for those who can restrain themselves will survive and will not be too exhausted all the money, so the importance of self-control is none other than when you are in a position like this.

There are many factors that lead them to lose, greed or unable to control, instead of quitting while you are still in green they will choose to push for more and try to win bigger amount of money, from that time, the appetite already rise up and the adrenaline keeps them think that things will be sided to their favor and let them win the desire amount that they wanted to cash out.

Yes, such a mindset is only for those who have entered the trap of addiction who say they can get income from gambling, and obviously the end result is that in fact they actually lose more, but strangely it doesn't seem to matter to them and just keep playing. It is true that of course there are many factors that can make them finally lose, one of which is the greed you mentioned, it is not uncommon for me to find someone who has managed to get a win but finally loses again, and that's because they are too greedy, never satisfied with what they have got and always want more. You have to remember you won't be able to get lucky at all times, so even if you initially win but eventually you lose again it's because of greed, although there may be those who succeed but it is very small in number and chances.
674  Economy / Gambling discussion / Re: Gambling and it effects on: October 16, 2023, 01:27:43 PM
In being very different because when I play I am very careful, in general what I do is make sure I don't spend a lot of money, because otherwise I run out of many things, that is the only thing that the game does to me, for that reason I hardly I play with everything I have, because otherwise I couldn't do things well and money is the only thing that is needed most for everything, so I don't take risks, I think that sometimes players start concentrating only on the game and forget of life, of its expenses, of the most important things, and that is very bad, you cannot lose control. To avoid losing control, the best thing is to put everything into a percentage of playing in a casino so that it does not affect our economy.
For that purpose, we can look at the transaction history on our gambling account. We can find out how much money we have deposited and withdrawn so we can compare which one is bigger. If the deposit amount is greater than the amount of money we withdraw, we may experience losses more often. And if that happens, we really have to reduce the amount of money deposited so that we don't experience even bigger losses.

Yes and also there is nothing wrong with calculating the money we have deposited since we first started gambling, there is nothing wrong because by checking the transaction history you will be able to find out how many deposit and withdrawal transactions you have made while there, honestly in my opinion you will most likely be surprised when you see that the number of losses is greater than the winnings, it's not always like that but usually in gambling you will forget a few defeats and then continue to make deposits and you will remember it or find out when you look at the transaction history that you have done there.

As you said, if indeed the number of your greed transactions is much greater than the winnings then one of the things to do is to reduce to save the budget to your gambling wallet, nothing but that is just to minimize so that your losses are not getting bigger, but on the other hand you can still gamble even with a small budget, it doesn't matter because the victory cannot be predicted and if you are lucky you will definitely be able to get the victory, so I think it's better to consider again to make the number of deposits.
675  Bitcoin / Bitcoin Discussion / Re: Bitcoin kwoledge is not complete without bitcoin investment on: October 15, 2023, 08:11:37 PM
Before investing in Bitcoin it is essential that we first learn about Bitcoin. Investing in Bitcoin without education can kill you any time. Before investing you must understand all the factors and then invest. Those who have got idea about Bitcoin they should be prepared to invest right now because it can turn bullish anytime. Of course, long-term planning is also important before investing because none of us can accurately predict when Bitcoin will be bullish again. But for those who are investors want to reiterate your mentioned statement that Bitcoin holding is a very difficult for long term investment which cannot be held for a long time. So keeping some cash on hand is a very important thing that cannot be neglected.
Going to war without training and investing without education about investing are both dangerous. An untrained soldier is terrible for his team on the battlefield because he doesn't have enough knowledge to know what to do on the battlefield whereas a person who has no idea about investing will surely kill his money if he invests. Before investing, first of all it is necessary for an investor to acquire sufficient knowledge about investments. Investments must be planned for the long term. I always believe that if one invests with a long term investment plan then one will be more successful and I believe in holding the investment and not selling the profit. So invest and hold the investment for a long time hope success catches up with you.

Of course you made a pretty reasonable statement, and I would probably say for anyone who invests without bringing any fishing gear (knowledge) as a provision for them to get a profit then surely they will end up badly, I mean usually if you start something carelessly and without preparation then surely the final result will never be expected (loss). Especially in terms of investment which as we know the risks that are there are very large, so maybe it would be quite stupid if you came without any preparation or knowledge, as you said it would just be a waste of money and time. Usually people who come without any knowledge and don't want to learn are those who are very ambitious to make big profits, they see the success of some people out there who can consistently make big profits.

Learning becomes something very important in any field you want to enter, especially in investing where the risks are very large, nothing but good knowledge and planning will lead you to the benefits you always expect and also on the other hand you will be able to minimize the level of risk that is there with the knowledge you have from learning. So if you really want to become a successful investor then you have to prepare a lot of things, money, time to learn and also a strong mentality is needed.
676  Economy / Gambling discussion / Re: It's a strategy to lose on: October 15, 2023, 04:40:50 PM
Betting big money will not increase the chances of making money but instead risks losing that big money in one spin. So this will only cost them their money if they lose. And we should determine how much to bet according to what we can afford.

Maybe you are not reading carefully what you are posting. Clearly betting huge amount will increase your chance of making money since your bankroll is huge. You will earn 1M if you place 1M on 50% chance game which is more money than placing bet with 1$. It’s true that you are increasing risk too but that’s the part of high risk high reward.

I’m not saying that betting big will increase your winning percentage but rather the volume of money you can get as profit or simply make money.

I think there is a little misunderstanding here, maybe what @maydna means is that in gambling no matter how big you bring the budget, it still won't be able to guarantee you to get a more accurate chance of winning, we can see that there is the word "opportunity" or what it means is "possibility", it seems that your perspective is too directed at the high number of wins when we bring a bigger budget, And obviously the "number of wins" and "chances of winning" are very different, meaning the number of wins where you have managed to get lucky with a large budget then obviously the winnings will also be bigger, and for the matter of chances of winning it relates to the possibility of luck and is still uncertain whether you will win or lose.

Gambling is basically really a race to luck, nothing more than that. No matter how big the budget you bring if you are not lucky then obviously you will lose with that budget, big or small the casino will not care. So in this context I see some very useful advice, as conveyed by @maydna, which is that you should bring a smaller budget amount, because no one can predict the final result, and of course with a smaller amount, the risk if you lose will also be small, none other than this is just to minimize the amount of loss.
677  Economy / Gambling discussion / Re: Possible measures to stop online gambling addiction. on: October 15, 2023, 03:54:32 PM
Now this is a fatal negative impact of gambling addiction, people are willing to spend money on gambling with the belief that they can win big, right you say maybe parents pass on wealth to their children but without telling them how to do business to make money. this is what I fear for today's youth maybe those who have a lot of money can also lose all their money especially with young people with mediocre income, of course it will be bad for them.

It is good that their family, friends, close relatives criticize or advise those who are addicted to gambling, it is indeed difficult to stop from things called addiction, in my opinion gambling addiction is the same as drugs It is very difficult to stop and leave it, in my opinion the most first They must have a strong determination in themselves to leave gambling because even though there is support from the closest people, if the gambling addict has no determination in his heart it is useless.

In the last few days I read the news that there are several world soccer players who are involved in gambling and may become addicted to gambling. Even though we know their income from football is very large, it is still a serious problem for them. Because if we have a lot of money then we will not gamble with small bets, so that the money we have will eventually run out.

However, if gambling addicts have been given advice but they ignore it and continue gambling then I prefer to let it be because if the money runs out it will definitely stop, it's just a matter of time.

Yes I also heard the news, I know who he is but maybe here we will not mention the object but we will take lessons from events like this which is indeed now the level of gambling addiction is getting higher in several countries including in my country which is now the amount of money turnover in government data is getting higher in just two years the number of gambling transactions has skyrocketed. Of course this is a high enough concern for the government which will have more problems and also the crime rate in the country due to the impact of gambling. Yes, I also can't think of them, even though the salary from football is very large but somehow they still expect income from gambling, for the problem of addiction or not that person I don't know but it is very clear that such behavior can damage the prestige of their football, especially as a player who is quite famous in the public eye. Of course the logic is that their salaries are large and if they gamble then the allocation of money they use must also be quite large and above the average gambler.

Basically, if their addiction is very high then surely some of the advice they receive will not be too influential, they will ignore it, if indeed you have given up on giving advice then please if you want to leave it. Sometimes they can stop when they have experienced huge losses in gambling.
678  Economy / Speculation / Re: Buy the DIP, and HODL! on: October 14, 2023, 05:55:24 PM
[edited out]
But honestly it goes back to yourself or themselves, if indeed your finances are not good - fine then maybe you don't need to force to accumulate bitcoin because there is absolutely no compulsion for us to invest, whenever you are ready then you can start, the most important thing is not to sacrifice your life needs such as costs for basic needs and then allocated to bitcoin, your life is more important than anything, and well if you still have a way to be able to improve the situation like that then do it. Start saving from now on and use that money for bitcoin allocations, none other than that also to realize all your dreams in the future, just need to be consistent and patient.

I think that a lot of people should be able to put away $10 per week (or even $100 per week) for years and years and years without really worrying about it - however, some people are still pretty damned poor and they might have to stop their DCA after a year or two, even if their exposure might not seem very large to the rest of us.. for example, a person investing $10 per week would ONLY have $520 invested after 1 year and $1,040 invested after two years,

yet that might be enough of an investment that they might feel that they cannot justify putting more money into BTC.. or maybe they just change their strategy to stop DCA'ing or to cut their DCA to a lower number or to replace or supplement DCA with buying on dips... so there can be quite a few ways to make adjustments to your BTC investment approach, even partially based on having have had built a decently sized position that gives more options but does not necessarily mean that there is a need to go from accumulation phase and straight to liquidation phase without first passing through a kind of maintenance stage.. Each person has to make these kinds of decisions about various transitions and even about how to move from one to another kind of phase with increments and without necessarily feeling that extreme changes need to be taken.

Well maybe I will agree with your assumption, it is quite reasonable to digest especially in terms of adjustments when the situation is really unfavorable or unfavorable, if indeed there are one of them the investment actors got a situation like this then I hope they are not at their wit's end, or that means they can think of finding other alternatives as a solution to the problem... I understand they want to keep the DCA approach to investing that they've always done, if your situation suddenly worsens and makes it difficult for you to continue doing the same DCA then maybe the only adjustment they can make is to follow your approach @jay. This is not the end of your approach to bitcoin investing but maybe just a little problem that I think is quite common in the real world in the lives of everyone including yourself who is experiencing it. They can start from a smaller amount than usual in terms of accumulation to be allocated, that's fine because it's still possible to do, and well keep a serious mindset according to their plan at the beginning, agree with "without worrying too much about it" as you said. Stick to your best plan even if the allocation amount is slightly smaller due to the situation that befell them, the important thing is that you can still remain consistent.

If you continue to do it consistently for at least 4 years then it's quite clear that allocating only $10 / week or month is quite a lot when calculated over the next 4 years, and of course I think you will feel a sense of satisfaction when the time comes. The point is that this is not the end of your investment approach through DCA, because there are still many ways of adjusting that still seem reasonable to do, I hope they can still consider it perfectly when they are in such a position, and also of course to make a decision that they can be sure that it is the most appropriate.   
679  Economy / Games and rounds / Re: SINBAD.IO Mixer October Bitcoin Price Prediction Challenge on: October 14, 2023, 04:49:47 PM
Prediction 1 : $27,934.00
bech32 address : bc1qp5t7rrwh79xdyq652jkspgh46l22hecyx482ra
680  Economy / Gambling discussion / Re: Possible measures to stop online gambling addiction. on: October 14, 2023, 04:25:02 PM
Of course, support and attention from those closest to you is very necessary for people who are addicted to gambling so that they can be aware and reduce their gambling activities or can stop gambling because the motivation received by gamblers is really from what they do and is well received. .

Yes, I agree, a good friend will definitely give good advice, if a friend is doing bad activities then the friend will immediately make him aware so that it doesn't cause bad problems, because a true friend definitely doesn't want to see. his friend is in a pathetic or deteriorating condition.
Support and attention from the people closest to him can encourage him to stop his gambling addiction and feel that he is not struggling alone but that there are people closest to him who are also helping him. There is always motivation that the gambling addict will receive so that he can remain focused in going through all the stages of healing his gambling addiction, and he will not feel that it is hard to do. And that's because there are people closest to him who always accompany him while healing his gambling addiction.
There are some people who have been messed up because of gambling addiction and doesn't have anyone close to open up to and that has resulted to more harm caused by gambling addiction. So for anyone who's addicted to online gambling, another means of stopping it is to find another thing that is fun to do by the person and do cross addiction.
Cross addicting to other activities like gaming or sporting  activities like playing of football would help the person not always think of gambling. If the addicted person can do this, he'll definitely stop online gambling.

The impact of gambling is very significant so it is not uncommon for us to find news that shows some people who finally end their lives because they are in debt as a result of gambling, this is really a big problem and must be avoided, I'm sure everyone doesn't want to be in the same position but if they don't take precautions and think that there is no problem in gambling I think they think gambling is too common, especially in terms of its own impact, they don't know about this. If you are a responsible gambler and also gamble just for fun and not addicted at all then that's fine and up to you, of course in the sense that you have to stay within such limits until an unspecified time. But the fear is when you are too serious about the opportunities that exist in this gambling, don't let you get trapped by your own mindset because you are too ambitious and put too much hope there.

Gambling addiction is indeed very scary, even though you are still at a low level but still over time it will continue to grow worse. That's right, one of the things that can be done for prevention or to stop is that you must be able to find other activities that are fun but do not have the risk of gambling, if you can do it then indirectly your mind will be distracted from gambling and gradually you will be able to forget it.
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