Most often when you are losing, you'd be eager to get back with how much you have lost. In order to get that back again, a player would be needing to gamble but if that's not your day you'd just make the losses bigger. This instance simply shows how emotions could take over your cool as a gambler. Losing is indeed expected but since no one wants to, then frustrations would happen or take place, which could also be a root of addiction. But to some, they do manage to not be frustrated and to still have hopes for a better betting outcome the next day. And some are even playing with other gambling games to losen their emotion and frustrations.
I actually call this the "cycle of gambling" where a gambler would have to gamble again to recover his losses, thereby losing more in the process. This kind of cycle is somehow difficult to break. When a person loses in a gambling activity, the initial reaction is to quickly recover the losses through gambling again. Very rarely do you encounter a person who stops gambling after they incurred a loss. Majority of the people I know (including me) suffer from this kind reaction. Personally, I mostly rely my gambling sprees in a coin flip. Before I gamble, I used to toss a coin and vote whether I should gamble or not; though regardless of the answer, I still gamble. But if it lands on tails (tails = NO) and I still continue my gambling activities, mostly I incur more losses than wins. |
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Anybody know of any crypto casinos that offer cockfighting? preferably vietnamese thai cambodian or filipino
As far as I know there is none that supports cockfighting on crypto based casinos, sorry to burst the bubble for you. But if you are looking for none crypto casinos, there are a lot, but it is supposedly local though. So if you are outside of the country then I don't think you can bet or even access the online cockfighting site as it might detect your IP although you can get away with it by using VPN, but I don't recommend it. Yup I do agree with your statement. As of now, there are no cryptocurrency outlets that support such kind of betting in this kind of platform. Though this may be the case, locally, there is a famous betting website that uses our local currency (Philippine Peso) in betting online in cockfighting. This uses our very own GCash (electronic payment and wallet) in which you can directly convert your cryptocurrencies to Php on the same wallet. Maybe one of the reasons on why there is yet to exist any crypto platform that caters to cockfighting is due to its regulations with some local laws that makes it currently impossible to hold such website and payment. |
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This is the reason on why cryptocurrencies exist- they focus on eliminating the need to resort to any middlemen with regard with all the transactions. If they have utilized this feature, then the blockchain made it all possible due to this creation.
Companies would therefore use cryptocurrencies (or BTC) as their main medium channel and transact with anyone who is willing and everything would be posted on a public ledger. This totally eliminates the need for any middlemen or any third-party consensus as the public ledger is being checked and corrected via miners.
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Any business where today you launch, tomorrow you begin making profit...?
So the business should be: today I officially launch it, the next day, profit start rolling in, and it would last eternally, the income stream keep coming for the next 999 years, and it would be suffice to self sustain, self reliance include financing every operational cost by itself, and only happy ending. Not a single bad ending.
If there exists a business where it is profitable the moment that you open it, then anybody would be doing such business. Remember that business itself is a risky venture where you have to be knowledgeable on the market vs the needs of your customers. If this were that easy, then everyone would open up their respective businesses and be profitable. What you are suggesting is the dream scenario but I doubt that such exists currently. You also have to remember that there are businesses in which they reach ROI around 1-4 years in operation depending on its nature. |
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Is there any wallet for newbies? If there's none, I think we should have a wallet for newbies. As a newbie who wants to learn and more about crypto, I've learnt that owning a wallet is very essential in managing one's crypto assets hence the necessity for anyone who wants to get involved in Bitcoin must have crypto wallet.
I think there are tons of guides in the internet that provide all the services and questions that you may need. In addition, you can also use a wallet and search for its corresponding YouTube videos for tutorials, etc. to fully grasp its entirety. The internet is your friend- all of the information about a certain thing is one Google search away. Even if people were to create a newbie wallet, such use would be obsolete given that once you use a certain thing for a long time, you will become accustomed and knowledgeable on it. That is why, I do recommend that you utilize the search bar in the forum if you have any questions about a certain wallet; search using Google; or create/open a thread for a discussion should you have questions about its use. |
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A victory over Ivanchuk was expected since Ivanchuk has already left big chess and plays for pleasure, but he was once considered a real competitor to Kasparov and a contender for the crown.
I do not think that the victory against Ivanchuk is not expected. Imagine, he has been playing competitively at his age and he also defeated some super GMs in some tournaments. While he is definitely not in his prime, saying that a victory against him was "expected" somehow invalidates his chess prowess. I don't think that Abasov will be a problem for Carlsen, I'm more interested in the second pair - I hope Pragnanadhi wins. Caruana is also a player of the past, I want to see how the new generation replaces the previous one.
Actually, the game between Abasov and Carlsen just ended a few minutes ago and Carlsen was able to snatch a victory! It was a tough game but Abasov blundered a pawn in which his position became worse at the end. It is true- the game between Fabi vs Prag is definitely interesting given that Prag is now a qualifier for the next candidates! He is now the 3rd youngest player to even participate in the candidates, with Boby Fischer and Magnus being 1st and 2nd respectively. |
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Nope- I have yet to dream about me visualizing myself playing in a physical casino. Maybe the reason is that the access to such physical casinos are somehow relatively easier on my part which gives the reason on why I do not fantasize about it. Though this may be the case, I have dreamt various situations where I won my most wanted items/money while betting though this is not inside a casino. For example, there happened to be several times where I dreamt of winning my most wanted gun (CSGO) by opening crates. Though this may be gambling, it is not perse inside of a casino though I am playing/gambling in this scenario. |
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Bitcoin has captured the center of attention, especially with the younger generations showing keen interest in it. Yet, there are those who believe that teaching older individuals about it might not be a wise investment of time. However, we must ponder: does it carry value? This conversation revolves around the question of whether it's worthwhile to educate older generations about bitcoin.
I think it is worthwhile to teach anyone about BTC but it is as important to NOT compel them. The problem with most is that they tend to compel and force people to listen about something that is somehow technical. With this, people tend to lose their focus and they also tend to show no attention at all. Again, it is better to teach someone who is already interested in a subject; compared to someone who is not interested at all though they may show signs of being attentive. Let us face it- cryptocurrencies and BTC is a complex process which will take some time in order for its foundation to be grasped. If people are showing signs of curiosity, then by all means teach them. But if you force them into something that they are not interested in the first place, then better avoid forcing them to learn it. |
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I think I posted this on the forums already but just to mention it again, there was an article that I have read that trading is by no means profitable especially if you are a beginner. According to an article that I have read before, the profits that you make as a beginner trader is at least more or less equal to the salary of a bank teller; and majority of these beginner traders fall-off on the first few months of their trading scheme.
Newbies, cryptocurrency investing/trading is not a quick-way to earn some money. If this were the case, then everyone would be rich by now. If you truly want to save and profit, then it is essential that you put effort into it just like any other investment instruments already present in the market.
To conclude, there is no such thing as "easy money" in all fields. Working hard and doing the smart things/moves may give you more opportunities to be profitable in the future.
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What’s the effect of gambling discussion here to you? I’m thinking to quit participating on signature campaign that involves gambling discussion in an event that my gambling activities is increasing above my normal habit.
Well, gambling discussions are one of the ways in which we interact with other people as we share our experiences in our day-to-day activities in this field. People also discuss all the possibilities of techniques and tips on how to at least take advantage of the luck given. Not to mention, the gambling board also includes various threads which discusses real-life event/sports news that may give a sense of entertainment to all. If you feel like participating in a gambling-related signature campaign increases your gambling activity and you are try to lessen it, then feel free to do so. Though I do think that even if one participates in this kind of signature, its association and effect is somehow trivial and relatively small. |
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Everyone must have experienced loss, whether it's a big or small loss. And he experienced loss more often than he won. Has anyone ever experienced boredom playing gambling because they have been losing more often than winning? If anyone has experienced this, what did you do?
I guess this absolutely tells on what you prioritize on gambling- which is primarily for profit. People who gamble are divided as to what their purpose/intentions are. Depending on their goals, a person may gamble primarily for profit; while others may gamble just to experience that gush of adrenaline while waiting for their results. Either way, the person gambles and regardless of the result, almost all fall into despair as the cycle continues. Though this may be the case, I am actually glad that this boredom you experience is what causes you to stop gambling. While others struggle to find the reason to quit, you at least have this "push" that really compels you to stop gambling. |
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I spoke to my nephew and he told me that he has never stolen from his mother to gamble. And he gambles with only his savings from his weekly stipend he receives from the family. And he won't gamble if he has no savings to do that. From my observation, he is a responsible gambler that is just enjoying the game and making a little money occasionally. The gambling age in my country is 18+, but his mother is insisting that he must stop. What will be your advice for this young boy?
My advice to the boy would be to learn how to manage his funds correctly especially in this very crucial stage. If ever he does win in gambling, he must use those funds and recycle them as his new capital in the event he decides to gamble again. In addition, if he needs to manage his finances when it comes to expenditures given that our initial reaction to a "loss" is to recover them quickly by gambling again. As long as he knows his limits, then he must faithfully adhere to his promise. Gambling is a very difficult act to control due to its very nature. As someone who is as young as 18 years old, he needs guidance and direction in order to avoid all the pitfalls that majority of the people experienced. |
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My question to everyone here is that if a member is hooked to this addiction, is their any resources to help that member. If not then what exactly is this community offering? I believe
if such a resources is available it should be on the pinned message. The next thing would be to always update it regularly, as things change quickly in gambling.
Actually, there are lots of threads discussing on how to overcome gambling addiction which has been a problem ever since. The problem is, overcoming such kind of addiction needs determination and effort on the person who wants to cure it. Commitment is the key and no matter how many resources are available, if the person is not willing to change his/her acts, then nothing would happen. As addiction is a serious issue, if anyone here has been able to overcome it? Why not share how to overcome with such an addiction. As per my understanding all of these addiction have the same initial therapy. Do you agree with me?  I have witnessed my colleague who overcame addiction, though not gambling addiction perse. It all starts with one's commitment towards attaining the goal of cleansing himself with this act. If they really put into effort the services available in treating gambling addiction, then it would be relatively easier for them to do it. |
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As a newbie on this forum, for some days now I have been going through threads, reading and trying to understand and getting better knowledge on every single one of them
In a thread someone said "Bitcoin is not all about happiness" can a little more light be thrown on this?
I think you can liken this to the phrase "money is not all about happiness." To explain this, even if almost everything revolves around money, the satisfaction and happiness you gain from it somehow fades away. Sure, it can definitely make your life comfortable but if you are surrounded by people who just take advantage of what you have; and not because of their genuine feelings about you, you would feel this empty feeling of being surrounded by fake people. This is the reason on why some rich people, despite having everything, fall into depression. By applying this with BTC, it is very similar given that the latter has a significant value that can be converted to cash. Sure, lots of BTCs can make your life comfortable but true happiness comes being able to receive satisfaction that is beyond money. |
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Considering the flow of the Bitcoin market and news about Bitcoin, the increasing popularity and good projection of future adoption, I believe Bitcoin will continue to be profitable as long as the person knows when to sell his holdings.
Bitcoin is a good assets for the future no doubt but while we are hodling it, we also have to look at the profit margin that has been made within the time and we can sell to reinvest when the price is going up again. Some people only want to keep btc in their wallet for years without taking note that they could sell and come back again hodling. However, regards to retirement savings, if we could diversify between btc and real estate investment, we are sure that the old age is going to be a financially secured one because at old age you can't have the strength to move around like you were during the youth age I would have actually consider adding BTC as my retirement savings but I would be missing a lot during its phases in the market. Remember that BTC has this phase of experiencing forks, where the mined bitcoins are halved resulting to a massive increase of its price in the market. Not to mention, its volatility makes it a perfect investment for short/long-term depending on the price increase on the market. If I were to fully adopt BTC as my retirement savings, I would be making a commitment of not using/utilizing its potential for short-term gain. While this may be the case, I would still consider it adding as a portion of my retirement savings for my heirs to benefit in the future should they wish to continue and use it. |
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I was just wondering how cool it would be when an AI would do the data analysis work. Imagine it analyzing the data and picking up the best odd for a bettor. There is a possibility that an AI could outrun a human being in those spaces and they might excel in it. But, we cannot ignore the fact that a sportsbook won't work on improving their side. Eventually, they would catch up pretty quickly and would limit a bettor's profit from an AI. Do not forget they are once who are known to adopt new and innovative technology first than any other industry. So to an extent AI betting would help the bettor but it wont last in the long run.
It is doubtful that gamblers will ever get an edge over the casino using an AI, and this is because an AI depends on the data that is given and your expertise in order to produce the results that you want, and in that respect casinos are above gamblers, they have all the data they may wish and they can hire the best experts to combat any strategy players may come up with, so those dreams that gamblers have of using an AI in this way are likely to remain just dreams. Like what I previously mentioned, using AI in order to determine which odds are greater should be used as a supportive tool only. AIs are created in order to be a supplement on what humans could achieve on their own. If you base purely your decisions on the predicted outcome of an AI, then you would run on the risk of losing at the end. At the end of the day, AIs can only do as much as gathering data and predicting outcomes but the ultimate decision still comes with you. There still remains a human aspect on outcomes and matches in sports-betting. In conclusion, sure- AI can definitely help you decide on which team to choose but this should not be used primarily as your main and deciding tool for every game. |
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What are your thoughts on the recent matches on the FIDE World Chess Cup 2023?
I watched the game between Ivanchuk vs Magnus and Magnus won with a score of 2-0 against the legend himself.
During their first game, Magnus was able to grind down the game during the middle game leaving that e6 pawn too strong for Vasyl to hold. On their second game yesterday, Magnus, with the black pieces, managed to get a drawing position (which he believed that he could grind it for a win) which prompted Vasyl to resign.
Fabi was also able to win against Duda and the former mentioned in an interview that the lines he played was inspired from his preparation against Magnus since their match on the 2018 WCC.
Who do you think will win for this year's FIDE World Chess Cup 2023?
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Now my question is that in my country, crypto is not legalized, so in case if anyone is scammed through P2P, we can't take up this matter in the legal court because the country does not recognize the transactions of crypto in the first place.
I think this is exactly the reason on why government prohibits the utilization of BTC in their jurisdiction. Since no laws have been created by their respective Congress in dealing with anything related with cryptocurrencies, this follows that if you want to venture in this practice, then you accept the risks that are associated with it. Does this gives a free hand to scammers as they know that they cannot be punished by a court of law  I think that is a double-edged sword depending on the person they run into. The difficult thing with cryptocurrencies is knowing which area has jurisdiction over the case in the event of a scam. If you deal with someone via p2p and they have scammed you, depending on where you are staying, then such is enforceable against them. In contrast, if they have dealt with someone who prohibits the utilization of cryptocurrencies, then they cannot enforce such action against them. |
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A beginner I think should first experience the bull run and then take profit so he could make better decisions after the bear market. It's not a matter of how much or whether he should diversify but see for himself which projects are going to last or he should just be onboard with BTC only.
One should have BTC before thinking about adding altcoins but most importantly, when to buy and when to sell. There isn't much of a risk when you get onboard during the bull run.
Well, everyone's dream is to experience the bull run despite a beginner or a veteran investor. In fact, that is indeed, the dream of investing in BTC- by experiencing gains that are far more superior compared to any other investment mechanism present in the market. Personally as a newbie, you should only invest the amount you are willing to lose. By investing, you should have considered the risks associated with it. Regardless of whether you earn or lose your money, the fact that you have experienced this venture adds to your whole investment knowledge as a beginner. |
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