I used to gamble without any limit and lost some serious amount of Bitcoins which I cannot afford to loose. Recovered it through trading little by little and now I just have on sports that too rarely on some tournaments.
It's very tough to get out of the gambling addiction but it's ok now.
good for you mate that you able to at least lessen your risk and cope up inside trading , if you can continue doing this you will be able to gain good earnings and regarding to some sports game boxing and ufc are those who can give some interest too. That is a good attitude to have, trading is the best answer to recover your losing in gambling, you have a matured thinking and I can say you will succeed with that kind of mindset. Betting is a hard job to do as only few of the gamblers population are successful in making money, most of us are losers that is why now I am just doing it for sole entertainment. |
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Money is needed by all without exception. If you happen a situation when you urgently need a large sum of money, then either you don't know how to count your budget and will always experience such problems, or you want to buy something that does not deserve it. Is my opinion.
Budgeting is a simple yet clever way to combat any unexpected need for money like accidents (knock on wood) and the likes. If you have that little something that you keep off the shelf then you will not have to worry about borrowing money or hacking some of your items for cash. Some people don't really have that choice though. If you're too poor to be living with spare income or even disposable income, budgeting becomes very difficult and you'd still find yourself commonly in desperate situations. I have been in the same situation and that was really hard when your income is not even enough to spend for your daily needs. However, we should not end our life to that status in life only, there are still more rooms for us to grow and we have to work harder in order to improve our life and we will not be in desperate need of money anymore. |
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The only thing that I can advice you is to take a self control. You must cut all the strings between you and gambling or much better to diverse your time to other things. As you said you always start gambling with a small amount of your money but ends up losing it all. You must set goals or lose point so that you will not get rekt.
Yeah, right, because if we are going to try some other thing where we could earn money in an easy way but is much safer in gambling, then we could probably quit gambling step by step, and we will just woke up one day, we quitted gambling already. Because in my opinion, being addicted on gambling is not really worth it, it is not bad to gamble as long as you have control in yourself, because if you don't have any, then you are just going to lose more than you could never imagine. Once you are addicted already, you cannot enjoy gambling anymore, the urge to gamble is always in your mind and your life is not well balance when you are in the situation. For gamblers, we have to be very careful also despite we are having fun since gambling is a risky game and we have to avoid ourselves to be addicted, think of the risk to manage it. |
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If you want to get a big profit per week you should have big amount to get 0.1 btc per week it is really hard if you are trying to get them from cloudmining or investing on altcoins
Don't even mention cloud mining as they are going to bust your capital for it. It will be fine if you are going to get this amount by working very hard for having a lot of source of income, combining your daily job plus other source from bitcoin can be a good combination for earning per week. And there's no secret for it unless you will work hard. Yes all true ,there's no secret to earn 0.1 BTC a week you can possibly earn more than on that if you are doing the workout it in good investments. Cloudmining isn't profitable and it will need you a capital better if big because you can't feel your profit . Good if you learn how to manage your money and you do it with trading, investing takes time for return and sometimes you will be scam if you did not make a good research prior to putting your money. Most of the people I know are making good money through trading so I guess it is really profitable, we just have to learn how to do it and master the art of trading. |
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Thanks for an awesome week.
Payment received! Thanks again BoxxoB and Alex!
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Did you considered also gambling has taken all those precious time you have ,the days and nights? Do you even realize that time you've spent in gambling will never get back? It's not all about the money you waste, but how much time that needs to be used in a certain thing you must do. I don't want to lose anything and something in gambling again.
True, we can lose our valuable time too if gambling became our daily habit and we can't control ourself. When someone start ignoring other stuffs than gambling, there's a big chance for them to lose his job as well. There're still plenty of things that may be gone if gambling already became our main thing. Frankly, this forum is the best place for us to read other's experiences and thoughts about gambling. So, it can give a good warning to most of the members before they faced such bad condition. I'd say that "wasting" time is actually fine. People do a lot of things which are pointless in reality but they are enjoyable and that should be a point in itself. It's not called as wasting time if you are getting the fun, like in gambling despite the fact that we are losing we still cannot consider that activity we are doing as wasting time, as long as we are entertain in gambling that means we are having a quality time. |
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To grow the adoption of bitcoin we need people spending it as a daily currency.
In my country there is not much I cant buy with bitcoins.
Granted not a lot of retailers accept BTC yet but with all the services available now they dont need to.
A bitcoin debit card can be very handy.
Nowadays if I need to pay a bill then I can pay any bill via a site called livingroomofsatoshi
Please list any reasons why you could not use bitcoin for day to day expenses and maybe we can find a way.
One reason i can pointout why i cant use bitcoin in daily expenses is maybe the bitcoins is still developing in our country and bitcoins is still not well knowned and appriciate by other people here in my country. Well, if you are not living in a develop countries like big countries you cannot fully enjoy spending your bitcoin. For me, I am already satisfied with my exchange since I can easily cash out my money and use it to buy things that I need, also when there are only few opportunity to spend, I was able to use my money in investing or trading which gives me a good return. |
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what is youre mean about bitcoin trading and investment trading
i think is not diference, trading goal is same investment get return
trading is buy low hold and coin incraese sell
Trading and investing is almost the same but the difference is the span of your holdings of a coin. Trading is more on like short term because you want to make profit in every kind of situation that you see in the market while investing is more on like long term because you want to make a lot of profit in longer period of time and you don't care for the current price or news right now because you are looking further. Yeah i couldn't agree more with you dude, trading depends with the current price, when the price in the low level and possible to increase again in near time it's best time to buy. And sell it when the price high. In trading that's all doing in short time rather than investing. Different both investment and trading is Investment work for long time and trading in short time. In my opinion if have skill in trading better choose it because it give more profit. Trading can give you more money with a small amount of capital while investing you need to start with a decent amount of money to gain a decent return. Both are risky therefore once should choose that will fit his skills, most people here are risk takers and they are willing to take bigger risk for bigger rewards and like me, I choose trading over investing with my current financial status in life. |
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Ceveland Cavaliers 109-108 Indiana Pacers
The first game was over and Cleveland went ahead 1-0 in the first game but there was another 8 seconds in the last minute. Paul George wanted to rust or if he had gone in, he would have fouls.
Lebron James finished the double double again and the free throws were not good this time. We watched a good match.
That was indeed a good match, 1 point game means that was a very thrilling game. Playoffs is more fun than the regular season so it's good to bet on this time also, luckily I wrongfully press the Cavaliers ML instead of point spread and that feels great even if the payout is really not that big. I was not able to watch the game live since that early in the morning in our place and I'm still sleeping that time but I'll be watching the replay. |
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I was just trying to earn 5-10$ extra money in a week. But when i understood the potencial, everything was changed. Bitcoin and altcoins are now investment instrument for me.
That's very possible to earn that amount, I earn more than that daily so I believe you can also do that. In the crypto world there's a lot of opportunities where you can maximize your profit and that all depends on how smart you are and on how to dedicate your time with working or investing. |
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Dreams - will remain empty if you sit and do nothing to implement them. If you want to become rich, become one. And bitcoin is a very good tool for achieving such goals
yes you need to remain too much active if you want to make money from bitcoin. you need to invest some of your money in trading alt coin and from there you can get a good profit, but you must need to take active part in trading alt coin. bitcoin is a good method to get rich. true, you can not be rich just to relax you have to work hard you can take advantage of the ease of getting bitcoin to be rich There are people already who got rich with bitcoin, thus it is true we have a chance to be rich, however that depends on our effort and performance as we need to be very smart to take advantage on the new system. By holding alone with a decent capital, it gives already a chance to be rich, the value that we are seeing now is still very cheap, we can hold for longer time and when progress continues, we will certainly become rich. |
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When I already doubled my bankroll it is already a good momentum for me. I will going to save the half of it for my assurance that I don't have nothing to lose.
And with the remaining half, I'm going to save another half of it and will going to keep on using the half of it for gambling.
You are playing safe but it will not be safe all the time, the best way to treat your bankroll is you count your winning once you session is done already. That is being realistic and with that attitude, it will make you matured in gambling, when you set a bankroll, you also need to ensure that you have a target of winning and no matter what will happen you have to quit when you hit it already. |
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My thoughts is in line with what you have said, assets should be bought when there are low in price and sold when there are high in price. The Best time to buy altcoins especially those that are low in price is now because with little Satoshi you can get them in quantity and coverts it again when there appreciate.
it is just as clear as that, make proper speculations, buy when the price is low and sell when high. from speculations now bitcoin has higher tendency of getting to $2000 before august.you can trade along. in bitcoin history none of the speculations seems worked perfectly. Instead of doing this research just buy the bitcoins and put it into the cold storage. It will become a double or triple the amount within few years. I don't think we may reach 2000$ peak before August. hope for the best. but i think we can judge and speculate from the interest of the people. as we can see that in present time the interest of the people is to buy more and more bitcoin on the other side the users of bitcoin are also increasing from time to time, therefore we can expect that the price of bitcoin will increase more and more, therefore it will be a good decision to buy and hold bitcoin. When speaking of price, I'm sure we can see more and more increases in the future to come, we are not seeing the best price yet and we will never gonna be panic if we are investing for long term. Bitcoin is the best invention ever, I am new to the crypto but I see how people adopted with it, check how the growth rate of bitcoin and you will be amaze the rate of increase. |
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Trading is risk and risk is not for everyone, not everyone can handle that so I can understand this decision. If you want to be successful trader you have to put a lot in that and be determined to succed and make profit. This also brings a lot of stress and disappointments so many people quit.
Yes trading is not for everyone because some of us always wants an easy money earning field and they think that trading is like that but they didn't know the risk of trading where they can easily lose their money if they are greedy in choosing a coin or investing in altcoins. If you want trading then determination and hard work is a must. Trading is for the people who have passion on it, I like to be a successful trader also but I know how hard the journey to be successful. I believe if we will work hard we can learn to master trading and the good thing with trading is when you will be able to master it already, you are gonna make constant profit, unlike in gambling that you are relying on your luck most of the time. |
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Yes money helps , money grow Because more money you save you can invest in many asset class and you may get good returns rather than just putting on everything in one of the asset class . You can also give loan to friends and family and get interest on your principal amount .
To make money from money is a risky move, most of us do not take that as we are afraid to take risk, but people with big dreams are risk takers and they gamble on that situation so I guess we can also be successful if they were able to do that. What we are doing is very risky, even owning bitcoin will give you risk already but because we want to be rewarded with greater returns, we do it, so as much as we can afford what we invest, no problem with that. |
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When Gambling and emergency funds mix they usually don't end well. Gambling should just be a fun thing to do instead of it being a requirement for the person to do work on just so they could get paid. When people Gamble as a career with no experience they usually end up failing.
Gambling is just a game where you can get fun of it however you can make money through it but this does not mean you're not going to work hard for your self finding descent job. Yes it is true we can turn gambling into profitable activity but not for life or let say we could make it every other week or month I don't usually play gambling when it comes of emergency and needs funds coz the more you greed to get the money the more you lose and falling into trap. Having a job would already give us a security in life but don't eliminate that security by killing your finances because of gambling. You can turn gambling into a profitable activity but you only have a lesser chance compared to the gambling sites who are operating for profit. Your best chance is only to invest or make your own gambling site, unless you are an exceptional gambler like a professional poker player or sports handicapper, you won't make a great journey in gambling. |
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If there is something you really want but you don't have the sufficient savings or funds then you should sell your bitcoin if you are in a profit. But if you recently purchased bitcoin or the thing you need is not so important like maybe a second car  then keep it , it will surely increase in future. I agree if you see that you are already in a profit or even if not, if you need money badly, it is the best time for you to sell. At the end of the day it is what we need that is more important specially if the need is urgent. But if you do not need money then I can say hold. Bitcoin will increase in price and possibly break its ATH again. That will be a big hindrance to your success if you spend the amount of bitcoin you have for your needs, it should be separate, for your needs you need to work for it in order not to touch your long term investment. When investing, we all need that discipline and as they say patience is a virtue but we cannot have that if we are not a discipline investor. |
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Well if my earnings was gone. I think i would go into physical works because its more trusting. And its not always a guarantee that there is always internet. And we have some lending services.
Me too. I only work for bitcoin because somebody give me a starter pack or a starter investment. They actually refer me to a site where they gave free satoshi. If my earning was gone, I will push my dayjob and quit earning bitcoin. But that depends on what will be the situation I would presume that you are receiving a big amount on that site that gives free satoshi, are we talking of faucets here or something? Dude I guess, job is still very important as you can still do bitcoin jobs or investments even if you are working with your day job, that would sound better having two source of income, isn't it?  |
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Been playing a little Black Jack lately even tho I have no idea what I'm really doing. I think I'm playing the most inefficient betting strategy. Lol.  Anyway, I wish we could have a new game like Open Face Chinese Poker or even Baccarat to get more action going. Would those games be something in the pipe line for Bitdice? Guy, even though you know what you are doing, its still not a guarantee to winning as the element of risk is always involved. Also, you should not forget that there are people who are equally better than you in any game which might even bring you back to the first place you were before pursuing another route to winning. Well, I think it is still better if you know what you are doing, if you do not know what you are doing, you will surely not gonna appreciate the game. Every gambler do gamble for fun so where is the fun there, it's okay to lose but at least you have fun to get your money's worth. |
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I believe that the biggest mistake of the player is when the person is not able to control his excitement and trying to win more or to win back your losses.
I consider that only as a worse not a worst mistake. I saw an article and read it that I consider it to be the worst mistake in gambling. He sold everything he got and even sold his wife because he has faced a lot of problems because of his addiction. And that's the worst and craziest thing ever I knew in gambling. That's terrible. I think that person has a mental incapacity, or so addicted in gambling. Well in the first place, Gambling was only intended for entertainment. However, because there is a money involved, many are addicted in the sense that they want to win the money. Some are funding their wallets with a huge amount thinking that if they had a huge capital, they can win huge. But the other things happened.
Engaging in Gambling without discipline and a good mindset, that's what I consider the Worst mistake a person can do.Without discipline will pose bigger risk as regardless of the amount you put, you will only subject to one result which is losing. Gambling is full or risk, therefore everyone must understand that in order to minimize that risk, he needs to follow whatever game plan he has in mind. If you do not have a game plan, you are just gambling without direction and most likely you will end up losing. |
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