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881  Economy / Gambling discussion / Re: A person who won 600k$ in lottery on: November 07, 2023, 11:45:16 AM
Quote
What would you do if one day you won the lottery? What are you planning to buy and who do you want to include in your success?
First, I will stop gambling. Second, I will invest on Bitcoin, silver and gold coins and real estate. Third, build my dream house, buy a car, and my hobbies like guns. I prioritize needs before buying my wants. I also want to include my family, relatives and friends in my success.
Honestly if I win so much in the lottery I won't waste my gambling because if I gamble I will lose everything. It would be better to invest in bitcoins for the future along with meeting your own needs. There is no fear of losing here, the amount won in the lottery will double if you invest it for long term digital tokens like bitcoin can provide you with high levels of profitability. Real estate and gold will be impacted if the country's economy suffers bitcoin has no such implications for being decentralized.
882  Economy / Economics / Re: What is the right age for financial stability? on: November 06, 2023, 07:18:06 PM
The sooner the better. But the issue is time is weird.

At 18 waiting til 30 seems way too long. Never mind waiting til 50 or 60.

I am 66 If I make it to Jan 2024 I will be 67.

I can testify to this ten years is not much time. Neither is 20 years.

If you invest at 18 and hodl the investment 20 years you will usually do okay.
I agree with you and I believe you are an experienced person and I think 25 to 30 years old is a good time for people when people's cognitive development is very fast.In many cases, although we see limitations, it is still said that this age is an ideal time, if people start making their wealth or money, then they can definitely do good things in their later life.And I think this time is very important in making decisions because now if he can decide this time then he will definitely achieve success in later life and spend a lot of time relaxing .

But I see most of the people don't make use of this time in their life and fall into later life but I on the other hand think if one can make use of this time.Then his life must be one of those who lead a better life.
883  Alternate cryptocurrencies / Altcoin Discussion / Re: How to invest 8k for passive income. on: November 06, 2023, 07:01:04 PM
Earning $10 to $20 dollars per day is very easy for many people but again it is very difficult for many people because if they don't know the right way it will be very difficult for everyone.But to increase your income, you must be a multi-skilled person and know many jobs very well so that you can do any kind of work. Also think that there is definitely an element of luck to earn which many people don't believe but I think for those who need luck as well.Master several subjects and train very well and then think about earning, then you will see that your income can increase.Finally I would like to say that if you can take help from a good advice and earner then your way will be much easier.
884  Economy / Speculation / Re: Impact of bitcoin price speculations on individual bitcoin holding on: November 06, 2023, 06:47:48 PM
When Bitcoin became increasingly popular several years ago, there were many suggestions from investment experts to make Bitcoin an alternative or even the main investment choice because of the large profit opportunities. This made many people have the ambition to become millionaires just by buying and holding Bitcoin, and of course when they saw the situation. The market is difficult so when there is an increase they immediately sell.
Yes investors can understand the exact position of the market so they can easily understand the difference in price and hold bitcoins and sell when the price rises. Bitcoin is more popular than before due to its users, supply and demand. As long as it retains the properties associated with money and there is demand for it it will remain a medium of exchange a store of value and another means of speculating for investors becoming a major investment regardless of its monetary value.
885  Economy / Gambling discussion / Re: Who among you here is gambling at work? on: November 06, 2023, 06:26:57 PM
when you gamble you should do it in your spare time, whether on weekends or your holidays. if you gamble while working, it is certain that the results will not match what you expected. and not only that, your work performance will also decline and unfortunately your manager will approach you and give you a resignation letter. so when gambling you should use your free time, don't use your work time.
Right friend because gambling at work will cause problems at work. Many times it is seen that if you become addicted to playing you lose at work and life becomes difficult. If you play in your free time at home it doesn't create any pressure at work and you can keep your brain cool and play. If you play at work you have to face stress many times and if you play gambling you have to take risks from both sides. Gambling is bad if not mastered properly this is why the should be played for entertainment.
It is difficult for a person to concentrate on work if he is involved in his work and gambles regularly and is more attracted to the last gamble. Gambling is a site that will make you laugh, cry and change your mind in an instant. When you win by gambling you feel like you should gamble more and you should gamble with more money. If you win by gambling, of course you can work with enthusiasm but whenever you lose by gambling, you will lose your motivation to work and you will not be able to concentrate on work even if you want to.

I am not telling you to gamble but I am telling you to gamble in such a way that gambling does not control you. You can gamble in free time after completing your work, and gamble in such a way that the gambling does not affect your work.
In fact gambling is something that if you play it constantly it becomes an addiction. It will be the same if you play in another place just for work. When it becomes addictive a person will lose control and will not see the normal state of his workplace. He will lose his job if he indulges in gambling while avoiding work. Again there is no exact guarantee of winning in gambling. Playing in leisure time does not affect the workplace and the risk involved in gambling is much lower. If you lose in gambling then everything can be easily controlled if the work environment is good. If affected from both sides a person will lose mental balance.
886  Economy / Trading Discussion / Re: Trading can ruin you on: November 06, 2023, 06:11:43 PM
I think dates can be harmful to you if you short tee without understanding any training formula but I don't agree with you that trading can destroy people. If trading destroyed people then there wouldn't be such a big market for training in the world and if people couldn't profit from trading and it wouldn't be profitable.Then there would be no question of developing such a big market in the world. A trading market is a market where you will gain experience and practice for a long period of time of which a time comes you will be able to make more profit.
887  Economy / Gambling discussion / Re: What's the best advice or should I just let him on: November 06, 2023, 09:00:43 AM
If he is your neighbor then it is your duty to give him proper advice he has no one to help him maybe he is struggling to make ends meet with pension money so he tries to solve his financial problems by gambling. As you said he is very active in cock fighting so he may have a lot of knowledge about this sport so he chose this sport. If you can control yourself it is better if you don't become an addict You can talk to him and educate him little by little about the pros and cons of gambling. It is difficult to master everything in old age given the right advice he may find some other way than gambling.
888  Economy / Gambling discussion / Re: Reckless gambling starts after a win round. on: November 06, 2023, 08:40:07 AM
Winning in gambling can encourage many gamblers to gamble more, I can't forget my first winning soccer bet, this made me think that I had arrived, I placed several bets from the money I had to the extent that it nearly finished the money that I won, but you know what, all the bet I placed was unsuccessful because of greed, this is not a good to recall, losing bet does the same too, when you continue losing without a win, you will want to do everything possible to win because of the money you have lost so far, you will always think that the more you play, the more stand the chances of winning, this gambling of a thing has something extraordinary attached, once you are roped in, it take discipline and grace if God to stop, because the addiction accompanied with it is much.
There's a popular belief among gamblers that whenever gambling companies wants you to waste huge money in gambling, they first allow you to win on other to boost your confidence to gamble more I think it's very true.
So many people who lost their money in gambling as a result of reckless gambling will always tell you that they started to gamble recklessly after winning. Winnings tends to make gamblers gamble more with the hope of winning more but unfortunately it doesn't end the way they think it'll end in many occasions.
Honestly these companies show the lure of winning at first and then the gamblers work their greed into them to get more and start reckless gambling. I think one should take his own precautions for this as gambling involves luck and there is no guarantee of repeated wins. Once you win the chances of winning the next one are very low. Their usually lack of proper discipline attracts greed to the extent that they do not want to accept anything. This is a big problem that many people don't want to admit people become financially destitute in the clutches of reckless gambling.
889  Economy / Gambling discussion / Re: how to start betting on sports? on: November 06, 2023, 08:21:59 AM
I am thinking to start betting on sports because I think it is fair then other games and there I should be able to control my hands which I could control while playing games like dice, plinko, mines, etc.
I want to know how can i start betting on sports and start making good profits, I am asking this type of question because i have no knowledge about any sports or players.
please give me some tips, strategy, resources to getting started.

do not reply with suggesting good platforms to bet on, I already know reputed platforms to bet.

EDIT: I know a little about cricket and football.
A player should be able to understand different competitions teams and players of interest betting in sports betting requires analysis of the players composed of two teams. It is best to keep gambling money aside so you can live comfortably without this money if you lose it. The best bankroll management strategy in sports betting is to use an early reduction of the total bankroll on a single bet. Also choose a good bookmaker even though there are many gambling sites out there not all are the same. The best sportsbooks usually offer players better odds more markets and a safer all around experience so do enough research on this topic.
890  Economy / Gambling discussion / Re: Should Casinos Sponsor Sites That Deals With Gambling Addiction on: November 06, 2023, 08:05:32 AM
Casinos usually operate gambling games but if a person becomes addicted then it is the lack of control of the person. Addictive gambling is the creation of an impossible and uncontrollable need in the mind for gambling. It is extremely difficult to remain unfulfilled this demand cannot be controlled in any way the addicted person wants to satisfy those needs at any cost and wants to gamble. It would be great if the casinos take steps to overcome the addiction but casinos usually don't take such steps or it may take a long time. If gambling addiction is treated well you will regain control over yourself along with that there will be an opportunity to regain the lost honor meaning social establishment profession.
891  Economy / Gambling discussion / Re: Who among you here is gambling at work? on: November 06, 2023, 07:48:20 AM
when you gamble you should do it in your spare time, whether on weekends or your holidays. if you gamble while working, it is certain that the results will not match what you expected. and not only that, your work performance will also decline and unfortunately your manager will approach you and give you a resignation letter. so when gambling you should use your free time, don't use your work time.
Right friend because gambling at work will cause problems at work. Many times it is seen that if you become addicted to playing you lose at work and life becomes difficult. If you play in your free time at home it doesn't create any pressure at work and you can keep your brain cool and play. If you play at work you have to face stress many times and if you play gambling you have to take risks from both sides. Gambling is bad if not mastered properly this is why the should be played for entertainment.
892  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 06, 2023, 07:21:34 AM
Waiting on a solid 36k maybe over night.



Hopefully hit 36k soon  Wink Wink
893  Bitcoin / Bitcoin Discussion / Re: what if bitcoin becomes inferior on: November 05, 2023, 02:09:24 PM
I think the possibility of bitcoin being inferior is very low and other currencies will take a long time to compete with Bitcoin. Bitcoin is a very old currency and its popularity is increasing day by day bitcoin is the king of crypto will live as long as bitcoin no one can mess it up anymore. This shock has hit the economy of all developed and developing countries everyone is looking for a systematic way for coins like bitcoin. Virtual currency can be introduced in other countries in a special systematic way but no one can compete with bitcoin. Cryptocurrency or bitcoin currency will change the economic face of the world.
894  Economy / Economics / Re: How to avoid over expenses and have discipline on: November 05, 2023, 01:50:15 PM
It is really annoying to fall short of funds when allocating the budget to our needs.  This list are helpful in guiding one on how to keep our expenses on tab and avoid the frustration of falling short of funds even though we always try to look for extra funds to fill our needs.

Setting the budget and knowing the reason why we always have shortage is a good way to troubleshoot our financing activitives.
When you start planning on budgeting first you have to set first your savings since it's the main base of your financing and the rest or half of your money depends on what are you going to do it's either you will invest to make it double or put up a business.
To stay on budget it's a good idea to plan ahead because you also need to think about savings that are essential for the future. Budgeting helps you identify and achieve your financial goals including saving for retirement or buying a home and paying off debt. When you create an effective budget it can save you from overspending excess debt and financial instability and stress.
895  Economy / Gambling discussion / Re: Tips on staying responsible. on: November 05, 2023, 12:41:07 PM
Some gamblers do not even care about staying responsible whenever they gambler. Some people just think they more you bet the more you could earn with time. There are people that can bet from morning till night on casino games and the more they play, the more they tend to win and lose. Sometimes after a long bet on a casino, there winnings might be much but they still see it as a responsible profits. We should always endeavor to be responsible whenever we bet and take due actions that will prevent us from being an addicted gamblers. Gambling is supposed to be gradually not for us to rush it because we have target.
Gambling shouldn't be considered a way to earn money, it's as simple as that and most people still don't get it. When you gamble to have fun, you don't need to care about it being gradual or quick, as long as you are having fun, it's okay if you are losing quickly or playing for very long, but maybe not too long because that will also make you an irresponsible gambler because a responsible gambler will manage their time very well and won't spend half of the day just gambling while abandoning other stuff.

However, one should remember that gambling isn't going to make them rich, well it might, but that thing happening has a very low probability which is almost about 0.000001% or even lower than that. So, someone who is chasing something that has a probability that low of happening, is out of his senses, right?
Yes a responsible gambler never puts himself down because of more power after a win they can control everything. Responsible gamblers bet on sports in a safe fun responsible way without negatively impacting personal lives or the lives of others around them. Gambling can start as a casual practice and if left unchecked can quickly turn into something problematic. If there is no plan of action with pre-established rules and strategies you can develop a gambling behavior disorder that will negatively affect your life. It can cause problems financially in personal relationships and even in mental health.
896  Economy / Gambling discussion / Re: do anyone have done this? with gambling platforms on: November 05, 2023, 12:23:18 PM
You have a point in your statement,  I think the reason why most licensed casinos ask for KYC is host to fulfil their licensing demands this is so because, at some point,  we have hard highly reputable casinos not really bordering their clients for KYC verification for some winning even if it is above their free withdrawal threshold of $5k for none KYC and $5k+ withdrawal must be verified users of the casino.
Casinos have to follow the rules and regulations if they wanna keep their platform open and running. If they brake any terms their license might be void and they won't be able to run their business legally. I think that's the reason.
Casinos and betting sites are being as a money lundering medium for years. When the amount is high, it will create suspicion no matter what and to ensure the legality of the money, KYC is required. So it is fair enough for casinos to demand for KYC above 5k +. But below 5k an average person can afford that.
Yes as part of the licensing agreement,  casinos have to follow every single rule that the government put up to them as part of their anti-money laundering laws,  and as a guideline to operating centralized licensed casinos,  and if any casino fails to meet that guideline in the cause of their operations,  they may be sanction for that and which in most cases their license may be seized.

Or being banned from operation for a specific amount of time in between,  so to avoid such harsh realities of events,  casinos tend to do everything within them to comply with those regulations.
KYC verification is often licensed but casinos can control everything they want because of this he got involved in various criminal activities. That's why by reviewing online casino and gambling sites we always make sure that we cover all the important information and essentials. When deciding which online casino to choose we recommend that you thoroughly check the latest information on a casino's security system payouts player feedback about that casino and more. Players sticking to big name mainstream casinos can avoid having to investigate them for a license since no reputable casino operates without one. It's the players who like to hedge bets and discover exciting new places to play that require a bit more caution.
897  Economy / Gambling discussion / Re: Advice when you are going a bit far in gaming and betting on: November 05, 2023, 12:01:48 PM
Most of the addictions avoidance techniques are effective for those who haven't had hard cases of addiction in the past, e.g a newbie who is just coming into gambling can choose to make use of that system to stay away from addiction, which is the best thing to do at some point because for all the while, I have not seen any workable approach that can bring one out of addiction and helping him stay above such, and that is why, it is better to avoid gambling addictions because it can ruin your life at some point.
Most cases of gambling addictions are traceable to over-involvement and chasing a direction for so long, meanwhile, the best way to stay above that is never to state and always allocate limits to all your gambling activities regardless of what the result and outcome may be at the end.

Let's accept it all that there are addiction treatment techniques one can adopt to tackle the spirit of gambling addiction but how many of these techniques were being truly effective on gamblers, if we are into something and our mind is always there, it becomes a difficult task to see someone being an external force taking away what we love doing except we also wish to give up, same thing also applies to those being addicted, if they never determined on their own to quit addiction then any techniques adopted might be ineffective.
A person with gambling addiction does not initially perceive the threat since there is so much pleasure and interest. And when the gambler realizes that he is addicted he already feels pain instead of joy there is no effective cure for gambling addiction. But with the support of family and friends of addicts they can help their loved ones return to a normal life also the first step to overcoming all addictions is acknowledging the addiction problem. Gamblers deny it early on in addiction but when it becomes a real problem they stop trying to deny it so acknowledging the problem is very important.
898  Economy / Gambling discussion / Re: Minimum Age to gamble on: November 05, 2023, 11:44:12 AM
I came across an article How Old Do You Have to Be to Gamble in USA?. In this article, i saw that the minimum age to gamble is between 18 to 21 years. I wonder if the online casino do follow this minimum age for gambling.
The only way to do that is through their KYC, the casino can opt to do KYC after the signup or if the players are cashing out, there is no way for an online casino to trace or know the age of those who sign up to their platform, they can only take action if they can prove that the one playing is really underage and this is through KYC.
Usually, the casino will ask its users to do KYC when the user wants to cash out and has exceeded the daily withdrawal limit. And it's like the casino gets underage people who have gambled at the casino, but they can't withdraw their money because the casino rejected the KYC problem. But if underage users only gamble moderately and do not exceed the limits, they may not be asked to do KYC by the casino. The casino will never know whether the users are minors or adults before the casino asks them to do KYC. Everything will be visible during the KYC process, but there may be underage children who use the identities of adults around them so they can pass the verification process. If that's the case, it seems that casinos need to implement online checks or live verification on their users to find out whether they are really adults or minors.
It would be better to check live then those who are younger will be caught easily you can't hide your information and it will come out. Nowadays it is really difficult to guess whether they are adults or not even if they are asked to do kyc through online gambling. Many minors gamble on mobile phones those who are minors whose intelligence is very sharp they submit the information with another's ID card in this case even if the casino verifies through kyc they will not understand whether they are minors.
899  Economy / Gambling discussion / Re: Can loneliness make one addicted to gambling on: November 05, 2023, 08:23:34 AM
Snip
I don't think that only the loneliness can make a people addicted to gambling. In my opinion people get addicted on this kinds of things for their own cause. They fall into addiction for their own fault or mistakes. And if anyone say that he become addicted to gambling for the cause of his loneliness then I will say he is lying. And in case of your friend there are many signal are already done by him that he is getting addicted or already addicted gambler from the before.
Loneliness, boredom and also not having anything to do are one of the factors that cause someone to continue coming to gambling sites to entertain themselves and have fun in casino game.
But such feelings will never make person addicted to gambling because he is only looking for activities that are fun and can be used as cure for feelings of boredom.
And when they are addicted it is because they have ambitions or other desires that they are truly pursuing in order to get it at any cost, so that every time they have money they will definitely come and come again even though they have suffered repeated defeats.
Things like this usually happen and they are too happy to pursue their ambitions, making them forget that the initial goal of getting into gambling was to eliminate boredom in solitude without any other activities that could entertain themselves.
Yes those with high aspirations and high levels of greed are more likely to become addicted. Also many factors may contribute to gambling addiction including desperation for money, the desire for thrills and highs the social status associated with being a successful gambler and the recreational environment of the mainstream gambling scene. There are many recreational situations other than gambling to relieve loneliness it depends on the individual's own will to become addicted to gambling.
900  Bitcoin / Bitcoin Discussion / Re: Teaching Bitcoin is not do or die on: November 05, 2023, 08:08:06 AM
Obviously, teaching bitcoin and engaging into bitcoin is not a do or die. People will always have its freedom of choice whether they take part in bitcoin or just disregard it like most people did.

this is true you can teach someone about bitcoin but if they still have no interest in pursuing it then there’s nothing you can do anymore some people still believe that cryptocurrency is a scam and therefore doesn’t want to participate in it while some people have a hard time understanding the whole concept of investment or the market itself which will make it harder for them to be fully interested in bitcoin


It is good to learn about bitcoin it can never die for anyone rather the future is likely to be bright with bitcoin investment. Rightly said it is really difficult to convince people who don't understand about bitcoin they have no knowledge about bitcoin. In today's age of technology most people know about bitcoin and don't need much convincing when it comes to investing. But being away from those who think they are scams if you don't have good faith you will be in trouble if you force yourself to believe.
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