People who gamble don't need to have exact figures plastered everywhere in order for them to gamble more responsibly. I think most already have a sense of how much they are only allowed to lose, or allowed to gamble with at any given point in time. Usually, the exact figures recommended by people aren't really followed. Almost all will surely go beyond that figure, and that's them being careful already.
as long as you know your limits, you don't have to worry about those figures. because if you can't contain yourself in gambling, it means, you are in the stage of addiction, which means, you don't care about your limits. so if you think you are on the brink of addiction, pause and contemplate on what you're doing. decide which path you want to traverse or just follow your impulses. either way, that's when you need to get responsible of the possible consequences of your decision. that if you can still pause or not play gambling and try to fix yourself, because when this happens, most gamblers tend to still play and continue betting, which really makes them addicted to it. That is why we gamblers should have habits like sports we play or even just playing computer games so that we can somewhat forget gambling because with this we can really start to pause our gambling urge and we play those games. |
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What are other good methods of cutting costs on food items?
Maybe it's too obvious, but learning how to cook from basic ingredients and herbs/spices will save you a heck of a lot of money over buying prepared meals. Not to mention it is better for the environment (less plastic packaging) and can be done in bulk to get several meals for the future. It's a very useful skill to have and might even get you a job as a cook if you found it more interesting. Most people go for the ready meal type food, which can be packed with a lot of preservatives and unnecessary chemicals to extend the life of the food, which might not be so good for your health. The only slight downside is it takes a little longer to prepare, but like anything you practice, it gets faster and faster - plus the food can often come out much tastier. I'm more interested in preparing my own food to save on food costs than looking for discounts, as you said a meal we prepared ourselves would be tastier and we could choose fresh ingredients for us to prepare. If you combine both discount shopping and cooking for yourself, cutting food costs will be more effective. But in return, it will take you quite a bit of time to do the above two things and for many people it is an unnecessary waste of time. To be able to go to the market to buy food and process it into dishes also takes a few hours. That will be quite a precious time for many people, so they will choose to eat processed foods to save time. It can be said that each method has its own advantages and disadvantages, depending on the choice of each person. If you are into your time, then you don't have other choices but to just buy ready-meal foods and just heat them or those foods that can be easily cooked, but unlike us, we need to cook in our own kitchens just to save money and also to save time for later parts of the day. Just like if you cook food for lunch and there are still left-overs for dinner that are still eatable and just need to be reheated, it still saves you time as well as money. |
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I'm sure everyone knows about bitcoin because nowadays there are a lot of advertisements on social media, television and so on and maybe because they don't understand how it works.
and this being the main reason why they don't buy bitcoin is the confusion and lack of understanding of bitcoin and the main finding is that having basic crypto knowledge is the most likely driver of adoption.
so education is a major factor and this cannot be found in school or anywhere else, and the self awareness to find and learn it on their own will allow them to use their money to buy bitcoins after realizing that bitcoin is the best investment and also the safest.
and in my opinion from time to time many bitcoin user investors continue to improve and develop, so let bitcoin run as it is because in the end everyone gets involved after realizing and finding their own way to educate about bitcoin as a whole and get involved.
In addition to this, many people proclaim themselves as an expert and created their own assumptions which also arises confusion and doubts. While there is a contradict opinions on the internet, we can still see people remain doubtful and ignore Bitcoin. And as long as scams still happening, the more it thinks that Bitcoin is not safe and is a scam thing. It could be a proper education could help it out but I can't think it really convince everyone to adopt, some will still low and remain on fiat money. Lack of education or too many scams are among the reasons many people stay away from bitcoin. But in my opinion, education or money is not the main key for people to accept bitcoin. I have always held the view that if the government legalizes bitcoin and allows people to use it to the fullest extent, then bitcoin adoption can happen quickly. Governments are key in helping bitcoin achieve global popularity. Education will also be ineffective without government approval. Your knowledge and money will be useless if the government bans Bitcoin in your country. You are right, the government is really the key because if the government supports it, the people will follow. Though it is not the only reason why they aren't adopting bitcoin is because they heard about it from illegal things that were shown or heard in the news. That is the first time those people heard about it, and if they hear it again, they will be thinking again that it is like money for illegal things. |
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Now over to you reader, which aspect of bitcoin is best or worst experience? Where are you good at! Trading or investment? Bursts our brain with your expertise
Trading and investing both are useful, but which one is more profitable depends on market conditions. When the market is bullish, any trade can be profitable and when it is bearish, the chances of losing in trading are high. For those who are new I would suggest investing more than trading. Investment relatively less risky than trading. Moreover, an investor does not need to know much to invest. Although taken as a long-term investment, those who keep their wealth in Bitcoin will surely make a profit. What are the distinctions between these two? In essence, they are both investments, and trading is like a specific investment. What I really understand is that investment is when you are risking your money with returns like holding bitcoin, trading, or other investing like into business, etc. They are both the same, but I think you mean less risky is holding the bitcoin for a long term, which you are correct as most of us really see profit when we hold it for a longer period of time, but trading and investing are one. |
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A friend of mine in our discussion today about Bitcoin was insisting that salaries and wages be paid in Bitcoin in some countries.
I was of the opinion that the government will not allow fiat to be replaced by Bitcoin .so what is your take on this will it be a positive move on the Bitcoin ecosystem or not
If companies decided to pay their employees' salaries in Bitcoin then this only means one thing, there will be a huge demand for Bitcoin because these companies have to buy Bitcoin in order to pay their employees, and imagine how many companies are existing out there. Anything that provides demand in the Bitcoin market is a good thing for the ecosystem because it will strengthen the Bitcoin market and at the same time make the price of Bitcoin surge. ^Exactly and on the positive side, adopting BTC for payments could have some advantages for the BTC ecosystem. It could increase mainstream adoption and usage, leading to more widespread acceptance and potential price stability, and using BTC for salaries probably reduce transaction costs and increase financial inclusion, especially in regions with limited access to traditional banking services. However, it is important to recognize the challenges and potential risks as well because it is possible governments and central banks often play a role in regulating fiat currencies and monetary policies. The Concerns about potential tax evasion, money laundering, and lack of consumer protections could further impede widespread adoption. I remember a few months ago a member who was claiming that he was being paid in Bitcoin. I'm not sure if his story was true, but let's suppose it was. Personally, I wouldn't opt for it because salary is part of the money you use to satisfy your daily needs, such as paying for groceries, utilities, rent, and so on. Thus, something as vital as your salary, which is deemed a necessity for your livelihood, isn't advisable to count on a currency that is volatile and may be subject to large price deviations from one moment to another. Moreover, so far, it's not as versatile as fiat money, at least not yet; only a few merchants have adopted it throughout the world, and making transactions isn't as simple as paying with your credit card. Whether we like it or not, Bitcoin is more of an asset than a currency. I'd rather set aside X amount of money each month and invest it than be fully paid through Bitcoin. I agree with you, I will also continue to choose fiat for salary instead of bitcoin. I like its volatility in investments, but I don't like its volatility affects my daily living expenses. Moreover, it becomes even more pointless to receive salary in bitcoin because we also need to convert to fiat as soon as we receive it because fiat is still the commonly used currency, not bitcoin. Bitcoin is already an asset, we don't even need to wait for the government to accept bitcoin as an asset or currency, we ourselves have made bitcoin an investment and not a currency. So I doubt who is supporting this idea. I can't take the volatility either, like right now I receive my salary in USD, but we know that USD keeps going up and down, and sometimes when I sell it to my currency, it is already down, and I can't take it because I have less salary. That is why I prefer to be stable, and we know how volatile Bitcoin can be. If it goes up, then for sure we will be happy, but if it goes down, that is really a problem. For sure, a lot of people prefer local currency to bitcoin, unless you are just making your salary as an investment, like accumulating bitcoin and holding it for a couple of years. |
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You should always do your research, even if the streamer advertises a reliable and honest casino. The problem may be that, for example, he is from country A, in which the advertised casino has no problems, and you are from country B, in which the casino has problems/restrictions for citizens of this country. Thus, if you do not check the compliance of the casino just for you, you can get into an unpleasant situation.
The biggest gambling streamers are making millions of dollars from advertising certain casinos. When you're getting that kind of money there is no incentive to telling people about the negative aspects associated with gambling. They just want to keep the money coming in. In all fairness, it's the user's responsibility to read the terms and conditions before making a deposit. People should always be under the assumption that streamers are there to provide entertainment and what you see is not an accurate depiction of real life. Users of the casino platform are fully responsible for reading before agreeing to the terms and conditions made by the casino. it should have been done after creating an account and before making a deposit. but the current reality is not like that. more novice gamblers are in a hurry to create an account and when there is a notification regarding the terms and conditions they instantly click accept. if regional-related issues occur as intended, I don't think the casino is to blame. and users also can not fight for their rights. 98% of users I don't think ever read the casino ToS in detail, they just register and play. The risk of loss and addiction is a risk that must be borne alone and the casino will not be held responsible. Those who are in a hurry and just want to play will definitely get a loss in the end. If it's just playing as entertainment, then it won't be a problem. But if used as income and expect a lot of profit, they have gone the wrong way. they should be investing, not gambling. and even if they aren't reading the TOS to themselves, they are already aware of the risk of it and the addiction as well, so the responsibility is not held to the casino; it is for yourself. The problem with this is that if someone gets addicted, they will start pointing fingers at others, which in the first place is the gambler's responsibility, and for sure, before signing up, there are already risks or warnings written in red text, but they are not blindly seeing them. Those people who are already addicted are not playing for fun; it is really for profit and greed towards winning money. |
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I will like to correct some facts about what people are saying here
Some people think that winning through gambling is life changing, winnings varies, I can use 100$ to net myself 10k or even 2000$, that's not a life-changing money, and since many won't even want to quit, they can still lose everything back to gambling.
If you are advised to get a job it's for yourself good, this will keep you alive and away from the street (homeless), gambling can't be relied upon for constant income, it is impossible, instead trading is better than gambling, trading can be turned into a source of income if you can be good at it.
I would agree with you that gambling doesn't guarantee anyone a steady income and it would be absolute madness if actually anyone is thinking about winning everyday to keep up with your daily needs, but the other fact about you saying that trading could serve this purpose also had me thinking and I feel trading can't also guarantee you this because relying on trading is also very risky because your trade can get very bad and you can eventually lose a lot even if you are an expert trader. There are many stories of people who have achieved great things by patiently gambling but it is not a source of regular income. If someone thinks that he will earn $100 per day from gambling then he should gamble with $5k+ capital and bet 1.01-1.005 odds on these reors then he can earn $100 per day but it is not guaranteed because many Time Seo's bets are also seen to lose. In that case, if he wins bets for 15-16 days in a row, if he loses one day, he will lose the entire capital. So questioning the desire for a regular income from gambling is foolish You are right, you can earn it in a day or even more, but that doesn't mean that it is stable. Let's say you win today and lose tomorrow, meaning you have lost more money than your winnings. I really don't understand why they are really pushing this kind of stuff using gambling as their source of income, as we know that gambling really makes you lose your money. Only a few people are making a living on it, but after they earn enough money, they invest it in something that is really stable and sure that they can earn money. |
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From that experienced it gives the gambler a reminder not to forget about reading the terms and condition, bad experienced gives you a hard lesson to remember, it will remind you from time to time that each event that you will going to participate you will take time to read and understand whatever the grounds behind the promot
It will keep you safe from any misconceptions and not to lead you to complain with the house support representatives.
We may have had a bad experience about forgetting to read the terms and conditions of the casino and have also read that many gamblers also forget about it. Hence, we must pay attention to it and not do it again. Otherwise, we will be harmed because of our own mistakes. And usually, when casinos launch promotions, they will have different wagering requirements, so we must make sure to read the rules to avoid difficulties later. And try to contact the support service from the casino if you don't understand the rules so you can understand the rules well. Why will we forget of reading the terms and conditions of gambling before going into gambling, it's bad but from what I'm seeing concerning gambler we don't need to rush and participate in a gambling without knowing the procedures, then after you have won and what will make you not make a withdraw is because of you have not really read the terms and conditions of the platform, it's not good and basically whoever that want patronize casino platform should make out time to read all the conditions and should also know that they have to make proper documentation for their verification, because a KYC is is the highest documents a casino platforms can ask you to bring. Not all gamblers are the same as you about reading the terms and conditions; even others don't skim through them because sometimes we get lazy reading them, which I admit sometimes I do, or I just see their FAQ section, but again, most of us will just click the agree button on it as we want to play immediately. We should really read it no matter what, as in the end, if we get into trouble, we will know what the cause is, or even just try to visit their FAQ section. |
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Not only on altcoins but all aspects of investment, just to take an example. HYIP or Ponzi people want to earn quick without doing anything; we just got blind when we saw the possible profit of it without knowing the risk of it. Even though it is just common sense that this will not last in the long run, because we just wanted that big profit easily, we got blind and did not know that you'd lose your money.
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Hey everyone. What are some of your wealth secrets that you could share with us?
......
What are your secrets?
Secret will be always a secret, whatever it is. there is no need to tell others if we are willing to have or keep secrets of that something. And if we are telling here, it means that We betray our own choice to tell the secret even though we might not know each other. The choice of keeping a secret may differ from one person to another. There are some who think that it is enough for them to know if they have just bought a fairly decent amount of Bitcoin. But there are several other people who want to tell about the purchase for several reasons. And this is not wrong, depending on the choice of each. I understand and do agree that secrets are indeed secrets that should be kept to oneself. However, I think what OP is referring to by using the term is secret is not necessarily secrets that should not be shared but tips or advice from personal experience that we know in order to earn more. The word secret here is basically a term meaning "tips" or "personal advice". Thats right the OP basically wants tips and tricks that come from reputable people. We know that it is different if we just google it, as the result is very vague. If we ask in the forum, mostly experienced people will answer and give tips on it. Though there are secrets that are not totally secret, they are just hidden stuff that will only be revealed to worthy people. For example, if your cousin wants advice on making his business successful, you'll tell him, but to others, you won't. |
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Millions of people are being forced deeper into poverty as the ultra-rich increase their wealth. People in the US and around the world struggle to pay the high costs of food, gas, and other necessities, yet over the past two years, the richest 1% have secured nearly twice as much wealth as the rest of the world combined. How is this possible?
Most people believe billionaires are there to help the economy, this is a total NO in most cases. Their very billions are earned because of cheap labor, and cheap labor is available because of poverty. More poverty creates more billionaires. They are rich because they utilze the opportunities coming from developing and poor nations.
In short, billionaires are bad for the economy. How bad? Check out these top four ways:
You just need to know that billionaires are business men, and the aim of every business man will always be to make profits and not the well-being of people liviting in that locality or region as that's the work of the government, not individual business men. So if the state of a country's economy is not in other, the only people to blame are the politicians in power embezzling public funds There are still businessmen that are into both the welfare of the people and profit at the same time, but mostly they are into profit, which again is business without profit, it won't be running. Also, it is not always the duty of the government to provide you with good wellbeing; it is also your duty to do it. Stop relying on the government, as for sure you'll be struggling, and you know right now corruption is everywhere, so your duty is to find and elect good politicians to help grow the country's economy. |
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I think you need to be very lucky person if you are becoming rich through your passion. Selling something as business is very hard comparing to working at full time job and receiving a wage. You need to learn a lot about markets etc to make money through your passion. There are many people that lost money following their passion. I even personally know one relative who needed to close down a shop. I wish I could do same but I can't exactly afford to lose so much money.
There are types of passion one is like your work you want to work for a company with specific jobs or skills that you want to do. most people prefer working, but they want a job that they enjoy with a big salary, and that they can do on a daily basis. The saddest part is that only a few have this, as they are forced to work in those jobs that they even don't enjoy and the other is businesses they want to build an empire or have passive income. It is really extremely lucky if you've gotten rich because of your passion, and you'll also enjoy it. |
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Your mindset about money matters are all correct OP, but one thing I have in my mind is that you will never earn money if you will never work for it. Though it comes everywhere and even unlimited, but it will never happen if you don’t motivate yourself to work and create a goal for yourself so that you will never be lazy and dependent to others when it comes to money matters. Yes, internet also offers vast opportunities to earn money but if you don’t have the skills suited on your online job, you will never be capable to earn money.
You are right, that is why a lot of people right now are making sacrifices to go abroad or even do multiple jobs, but again, those who are lazy won't be getting what they want as they are not making some hardships to earn money and also not taking risks and staying in their comfort zone. They may still earn money from it, but it is not enough unless they take a risk. As others said, if you just find a job, you'll be able to find a job rather than staying at home and just sleeping and not doing anything. |
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When there is no money involved that doesn't mean to be gambling. There are lot many choices available to start our gambling activities. The very first thing being the usage of demo account as well as the play tokens. When we play using those demo and play tokens we'll have the thinking that gambling is the same. Here they'll be able to make good winning and accumulate more play tokens. This gives the confidence and they start to gamble with real money. First of all they should understand that the script being used with the demo and the real gambling platforms were different.
For it to be gambling, you must have something you have set up to lose in order to recieve a bigger reward. This means your; must be staked before it is called gambling. What you explained seems to have a deviation from Op who was saying about Super sports pick. How about a dare or an effort? It is not always about physical items. Let's say what we've done when we were children: we kind of bet, like, Let's have a race, If you'll go first, you'll punch me; if not, I'll punch you, or something like this. As long as it has a return, it is still gambling. It is not always a bigger reward; it is also having fun with it, but again, we do have our own perspectives on this. |
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You already answered your question, which says no, but again, saying this to a drug dealer is very difficult. Mostly, my strategy if someone is asking me to teach them about crypto is to always say I am busy, which works a lot, but with this, it is somewhat dangerous as well. It is better to say that you've already quit using Bitcoin and focus more on trading forex, and also tell him that you can search it on YouTube because you taught him before, right? Just say that the same method as before, where you just searched it on YouTube, makes him do it on his own.
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I feel like for me to become financially stable is to be able afford all my regular expenses + couple sudden/emergency ones. (I would count instant necessities at home like electric system or water idk). Some people think more on this and they say, to be financially stable you need to make more money than your wage so you would be able to outspend yourself sometimes. I personally don't count luxuries as necessary and not a part of bills to be taken care of to become financially stable.
Mostly people will define financial stability is that they can buy what they want even luxurious nonsense things and able to eat on expensive restaurant on daily basis and got sick because of unhealthy food and lifestyle. You are right, financial stability means that you have emergency funds in case of an emergency as well as paying bills and buying food without any problems. That is a somewhat stable life, no fancy or other things, but again, others have their own definitions, and others are the same with us, but again, we can't blame them. Let's just focus on ourselves rather than others. |
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I think if you do it this year then it is good decision. bitcoin as investment is good for your situation, because this investment is very liquid. but never put all eggs in one buckets. rather than divide it into 2 portions, it seems that you better to divide it into three portions. 33% for investment, 33% for daily necessities, 33% for saving. it is better to not to sell btc at wrong time so saving some fiat will be good. one more important thing is, this fund is for your father, not for you. so only do it if your father want it.
If he bought at the time he posted this, for sure they are on profit right now and will wait until after halving or when it reaches its ATH, but the problem is that they are mostly really investing for a house and they somewhat don't know the risk on it. Most of us don't really plan out our profits, like, for example, we hold bitcoin and we just sell it off, and that is the time we will plan what we will do with our profit. They are treating investment as a salary, which is sure that they will get their salary by the end of the month, which is why they are planning it out now, which we know in investing it doesn't work like that. |
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Just imagine coming from a country where the health services are free and hospitalizations are mostly taken care of by the government. Then you'll be going to the US, where you thought it was free but it ain't. It will really affect you financially because you'll shoulder it. It really gives a hard time to the citizen, but we hope that the government will not remove it. It is mostly about educational assistance for students, but again, it doesn't mean that we just rely on them; we should also do our hardship.
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Everything is something you can bet on, but others are informal, like you can't bet on a casino as you are just betting against your friend, let's saylocal elections, which only in your place are having to decide who will be the next leader. Everything you can think of can be bet on as long as someone or something can go first, and you also have someone that is against your bet. People are really creative when it comes to betting, and sometimes they play crazy betting games.
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There must be a reason why your friend told you about it, but you haven't stated it in your story OP. No matter what, big companies or even countries won't do this unless they are like El Salvador, but right now it is difficult to do this because they are already used to physical money, and for sure there will be a bunch of people that are not technologically inclined, which will make it hard for them to exchange it for their own currency.
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