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Countries where gambling is officially sanctioned receive large sums of money from gambling establishments, due to which the government's coffers are somewhat rich through taxes on those gambling establishments. If gambling is allowed in a country, it is a gain for the government, but the government is thinking of its people as well as its treasury. If I try to explain the matter in a simple way, then it is said that the gambling company paid a tax of one dollar annually to the government, on the contrary, the people of that country lost ten dollars by gambling in that gambling company, then the profit is definitely the gambling company. A government losing ten dollars from its own country hoping to gain $1 can never be good news for the country or society.
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Where I live there are a lot of drug addicts but less gambling addicts. Today I went a bit out of my area on one of my errands and while there I tried to listen to some discussions of drug addicts as well as gamblers. At first they were discussing the various local casinos and gambling there, and they were smoking, not realizing that they were taking drugs. All of the people who were talking to each other were drug addicts as well as involved in gambling. I realized from being there that addiction to drugs and gambling are two bad things. They had some other junior boys with them who would probably get addicted to drugs and gambling after a while.
Drugs should be completely avoided and gambling can be played without becoming addicted to gambling.
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After betting $1 to win $50, you feel like you could have made $500 on the bet if your friend had paid you back $10. You feel like you should have bet more because you won the bet, but before you bet you probably thought you could lose that dollar amount. Since you made $50 with one dollar, I would say that you took a high risk gamble and that risk was high. You are lucky so you won in this gamble. It's a different matter if your friend didn't pay your loan on time, but it's wrong to think that you could have made a lot of money just by paying off the loan. Since money is gambled with risk, the outcome of the gamble can go either way.
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From my point of view the rich are those who live in peace, can eat 3 meals properly, don't have to worry about what to eat tomorrow and have saved money for the future. Now if I look from my own position to those who have much less money than me, I feel rich. And if I look at those who have more money than me, I consider them rich. Now many consider his own position rich, while many consider his own position poor. Now let's talk about me, whatever money I have, my goal is to increase more money. Now I consider myself rich because there are many poorer people than me.
Before you can be financially rich, you must be mentally rich. You look at people around you who are worse off than you. If you look at those people who are in a worse position than you, you will think that you are a much richer and happier person. You are doing well and you don't have to worry about what might happen next then you are definitely a happy person and you are a rich person but if you are doing well and looking at those who are doing better than you then you will never be well. There should be addiction to money income but that is normal because nothing abnormal is good. To increase your money, work harder and focus on your work but at the end of the day try to convince yourself that you are better off and richer than others. |
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It's only an irresponsible gambler that will go ahead in taking money for loan to gamble with it when they don't have any sure means of returning it back, we should gamble when we are free on our leisure time and also have some money at hand for that purpose, it's not a good idea to use loan fun for gambling, we can rather look for other means like earningfrom what we do or can do and not what will make others loss their interest on us.
Gambling on credit is never a good decision for a gambler, a professional gambler would never do such a thing, gambling on credit is at your own risk. When we gamble with debt, there will be many tensions in our mind about how we will repay this debt or we must make a profit by gambling. When there are multiple tensions in the head, we cannot take the right decision even if we want to. Any decision should be taken with a cool head but if we gamble with loans then we will never have a cool head which will never take the right decision. Borrowing money in an uncertain place is foolish, how we think of gambling with loans where all money can vanish in seconds. |
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We should not assume that gambling casinos are having the same service or functions as mixers, what may comes next as well after these is what we remain perplexed about, mixers were only banned on this forum and not on every other platforms online, crypto casinos are also doing well in their businesses offering gambling services and shouldn't be taken for mixers as well, at the end of it all, the government cannot take over the responsibility of making these eradication completely because the more they are shutting them down the more others are coming out and people finding alternatives.
Some mixers may have done this kind of thing so all mixer companies are bad but not like this. There are many premium mixer campaigns running in the forum which are doing their job well and people are less likely to be cheated by such premium mixing campaigns, however the forum has seen the activities of some mixer organizations and has taken this decision on all mixer campaigns. Even if the mixer is banned in the forum, the mixer will not be closed, but they will do their marketing in another way. Some of the mixer companies have cheated which is why we are afraid that casino sites can do this to us, if we think like this then we are not wrong at all because it can happen. Chances are this will happen but no guarantee, I think the forum should be a little stricter allowing mixer campaigns to run. |
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Holding is usually done with long term planning and hoping for big profit clubs while trading is done with short term planning and small amount of profit. You can compare trading with a real business, in real business, as a business is to buy products at a low price and sell them at a high price, a trader's job is to buy a currency at a low price and sell it at a relatively high price. Coin selection is usually very important when it comes to trading and holding, most holders take bitcoins to hold because they are holding for a long time so holding on to a trusted coin is definitely important. Most of those who trade hold, those who can afford to hold and trade. In the case of trading, it is possible to gain a relatively large amount of money if the person trades with a large amount of money and understands the market at the right time.
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Those of us who have been involved in trading for a long time know that trading is not that easy but those who do not trade think that only profit can be made from trading and it is very easy. We have to get an idea from the market when the market is dumping or when the market is pumping. You have to take ideas from the candles that exist in the market and then make a chart yourself for trading. Trading is not only profitable, but trading at the wrong time leads to loss of money in the long run. It is difficult for us to make decisions in trading when the market is only going up, if we are trading when the market is only going up then we are likely to lose money if the market goes down. Again, when we wait for the market to go down, the market does not go down as we expect, so we cannot accept trading. To accept trading we have to take risk at certain time and then accept trading.
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A number of mixer campaigns promoted on the forum have had this happen multiple times and the latest Sinbad mixer has had such an incident which may be why the forum has decided that running mixer campaigns on this forum can harm the forum. If we are talking about signature campaign then most of the campaigns are running mixer campaign, few are running online casino or gambling site promotion campaign. Since mixer forums will be banned from January 1st, only gambling or casino sites will be allowed to promote on the forum. If the gambling or casino site commits such fraud and the gambling and casino sites are banned due to such fraud, there will be no signature campaign to promote in the forum. So banning is not the solution but the solution is to keep proof so that mixer campaigns or other campaigns cannot cheat. It would be a good decision to allow mixer campaign running in forums with proof.
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Gambling doesn't always go as expected so it's foolish to expect that. Every gambler expects that he will make enough profit from gambling and have very few losses in his gambling life but in reality something different happens. A gambler actually loses more than he gains. There are several types of gambling and according to the type the gambler plays the way he likes to gamble. I was posting my betting stats this year on a topic where my stats were that I won more than I lost and many people replied to my comments asking how I won more than I lost or what strategy I used. From their questions, I understood that those who asked me such questions have lost more than their gains in gambling. Where the loss is high, it is natural that things will not happen as expected.
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My biggest tip has always been knowing what amount would make you very upset if you lose. Like for a whole month, starting from lets say next 1st of December, until first of January, how much money could you lose and not care about it? That amount is the amount you should gamble with, doesn't matter how much it is.
If it is five bucks, then gamble with five bucks and when that's over then stop and do not gamble for the rest of the month. I know that sounds small, but if you are a person who would be upset about losing ten bucks, then you should not be playing with ten bucks. That is a reality and it does help people a lot, if you end up losing an amount that you do not care at all and fine with losing it, then you will be fine.
Of course the target should be in gambling. Gambling does not mean that the amount of money I deposit for gambling, I gamble and lose again, deposit money from my bank account and lose again and continue like this. That's not how gambling works, first you have to be responsible and understand how you are making gambling decisions. Your target should be such that I will earn from the amount I deposit and cash out the amount I earn. That is, the gambling amount should always be fixed. When the gambling amount is fixed, we will have a clear idea about how much money we have gained or given away by gambling. Thus a gambler can make responsible gambling decisions, such that the outcome should be in favor of the gambler. |
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The government may tighten its regulations on crypto casinos and monitor them more closely so they can see if crypto casinos are involved or not involved in money laundering cases. Maybethis may trigger crypto casinos to tighten their regulations on their users, and we should be prepared if that happens. Crypto casinos may immediately implement KYC procedures at the start of registration due to new regulations imposed by the government on crypto casinos. But that's just speculation and estimation and we should wait for further information from the casino. This will also prevent scam casinos from developing because they cannot comply with government regulations. But we'll see how things develop in the near future.
This can be a guarantee for online casinos if they require KYC verification before getting official approval. Online casinos or gambling sites can cheat so if new casinos have KYC verification then members can gamble there safely. If the casino sites cheat then the victims of that fraud are the users but in this case we have to take utmost care and play gambling in online casinos. Online casinos are full of gambling, so you should choose the sites that are relatively low risk and the sites that are somewhat trustworthy in conducting your gambling activities. |
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If a person is addicted to gambling then not only parades will help to bring that person out of gambling addiction but also the person who is addicted to gambling should have his own efforts to come out of gambling addiction. A new gambler reaches a stage of gambling where he becomes addicted to gambling and for him it becomes very challenging to get back to a normal life. The family may want the person to get out of gambling addiction but if the family tries hard to get the person out of gambling addiction then it is difficult for the family to get him out of gambling addiction. When a gambler becomes addicted to gambling, to get out of that addiction, he can spend his free time with friends or try to be busy with other activities during the time when he is most prone to gambling. A person addicted to gambling can come out of gambling addiction when he keeps himself busy with other activities.
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The former CEO of Binance has been charged with money laundering and has admitted to money laundering but has not admitted to the amount of money that has been reported. As he has hunted in the initial interrogation, more information may be known about this later. So that he does not have any influence on this exchange, he has stepped down from the post of CEO of this exchange and appointed a new CEO. Binance is currently one of the most popular crypto exchanges and people trust this exchange enough. So far we can't feel that these exchanges can do anything bad to people but the problem is that such exchanges suddenly get involved in crimes like money laundering and we have noticed this before. FTX cheated people and until they cheated people were a very trusting exchange.
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Bitcoin price touched $40,000 last night which is a very good news for Bitcoin investors and every crypto user. For a long time we have seen the price of Bitcoin stay below $30,000, it took some time for Bitcoin to cross $30,000, and after crossing $30,000 it didn't take long for Bitcoin to hit $40,000. Bitcoin has crossed the $40,000 barrier and is now likely to cross the $50,000 resistance. The middle to end of this year has been a very good time for Bitcoin to catch on as the price of Bitcoin has been able to rise significantly during this time of the year. As a bitcoin investor I am quite optimistic about the market and I think the bitcoin market will be able to go higher. As the Bitcoin market goes higher, it will be good news for investors like us.
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That's true and not wrong at all, but I think it's more suitable for you to say to newbies who have just entered the world of crypto or have just entered the market to buy whatever they want without considering which one is best. Because I'm quite sure that currently there are still many newbies who make mistakes in choosing which coin is the best to invest in so that the mistakes they have made can at least be reduced when someone gives them advice like this by considering major coins such as Bitcoin and try to ignore any altcoin to no longer invest in it, unless only to trade it in the short term.
I will appreciate your decision that you did not choose the wrong coin at the beginning of your investment. A new investor's main problem is to choose the right coin. In the beginning an investor does not understand that which coin will be right for him or which coin to invest in will keep his money safe as well as give him a chance to profit. I learned about cryptocurrency through Bitcoin so I had no chance of choosing any other coin to invest in. At the time when I first started investing, I understood Bitcoin as an investment and I have always been very interested in investing in Bitcoin. In the beginning I started my investment journey with a relatively small amount of money and gradually as the idea about investment grew and when I got different ideas about holding the investment I planned to hold my investment for a long time. I got enough benefit by holding my investment for long time and now I believe in always holding my investment for long term. Those who are new investors should choose a good coin first at the beginning. When an investor is able to select a good coin early on, he will make a 50% correct investment decision. |
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Since you are not getting the land as you expected then investing in Bitcoin can be a good decision for you. I would have given you the impression that investing in Bitcoin is risky enough and you have to accept that risk if you said you didn't know about investing but you made it clear that you know enough about investing and that you are aware of the risks. Since you know everything and plan to invest in Bitcoin with $11K, you can implement your plan quickly. I am currently noticing that the Bitcoin market is constantly changing and that change is definitely a positive change. Bitcoin price is increasing in 24-hour period and it is likely to continue this trend for a long time. If you can invest $11K, in Bitcoin and hold, there may be a time when you have enough money from this investment to buy land.
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@julerz12 Do you have plans to manage any new campaigns that will come from @[banned mixer]. Payment received, Thanks @[banned mixer]. |
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So far we have come to know about many scams and many scams have been discussed in this forum. The biggest fraud I have seen and known is the SBF fraud. The fraud committed by FTX is considered to be one of the biggest frauds ever. Investors have lost huge amounts of money due to this scam and many investors have lost confidence in crypto platforms and exchanges. Mixer campaigns have cheated but those cheats are nothing compared to the FTX cheat because the FTX cheat is one of the biggest cheats I have ever seen. SBF was heavily penalized for this massive fraud even though investors did not get their money back due to his conviction.
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