It depends. Having no money doesn't necessarily mean you are poor. In general if you have no money and no assets or anything that has value, no stable job and struggling to survive each day then you can categorize your situation as poor in every aspect.

On the other side, Just like in your example, In rural areas where some people are living with sufficient food and everything they need is already available, they can live without problem even without money. Because they have lands to plant, that's a valuable property that they can sell to have cash if needed. In this situation, yes they have no money but they have property in possession that has value. Hence, it depends on your status in life and the place where you're living.

Well, if you're a short term hodler you can do this strategy (sell already) if there's a decent increase in Bitcoin, so you won't regret not selling if the price move downward. Taking advantage the increase is ideal for investors who can't wait longer because there's still a chance to buy back once the price is declining.

However for investors who prefer to hold for long period, the current situation is not bothering them since they have set target when to sell their Bitcoin. The advantage is, less stress and worries though you need to be patient to be able to hold for long period. Anyway the future is uncertain so we must be prepared for the result of our investment (either positive or negative) since it's not 100% guaranteed.

But in trading it's not entirely relying on luck since knowledge is your edge to make a right decision based on your analysis and understanding about the market and the coins that you'll going to trade. Hence, you can maximize the possibility to profit and it's not because you just blindly buy but you have knowledge about it.

While on gambling, you have no control on the game play. Hence there's no way you can influence the result of the certain game because it's solely relying on luck unless you're playing a skill-based games like sports betting. Anyway trading and gambling are both risky and that's their similarity.

It's a wise decision to invest a part of your profit from business to Bitcoin because there's a potential to gain from it. However, are you already aware of the risk? Bitcoin is high volatile, some of the disadvantage is, it can plunge unexpectedly and the process to recover back might take longer. The reason why an investor must have a long patience to not be tempted to sell for being discourage to keep holding.

Thus, before you start investing make sure that you already fill your mind with knowledge about Bitcoin to know the things that you can expect along the way. This can help you to understand it well before engaging yourself.

Agree. Kung shirt business, maganda kung merong ibang design na i offer at hindi lang nakafocus sa Bitcoin. Maaaring maging in yan (depende kung paano i market) pero mas ok kung maraming design choices ang mga customers para may pagpipilian incase hindi sila aware sa Bitcoin or mas prefer nila ang ibang design.

Anyway, sa tingin ko naman ok itong business lalo na kung cheaper price ibebenta. Walang masama kung susubukan dahil ang resulta naman nyan ay nakadepende rin sa pag promote mo ng iyong business para magkaron ng interes ang mga tao sa iyong produkto.

That's right. However, some gamblers can't follow this basic rule because of high expectation. I know a gambler who became addicted in gambling because of his belief that he can win huge like those players from the ads he saw who managed to hit a jackpot. At first he's only playing using small amount and with discipline, but that change after few weeks of playing because he's already using half os his day job salary. This is an example of a gambler who have no control and already spending the money that he can't afford to lose. There are many stories similar in op, that's the effect of gambling to those who can't handle gambling and tend to do bad things just to sustain their addiction.

Well for me it can't be considered as gambling because nothing is at stake if ever you lose, it's just a friendly bet, more on a challenge as you've said. I also tried this kind of challenge with my sister, instead of money we're betting on who's the one who will do the household chores through playing chess. Unfortunately I always lose because my sister is quite good in it, back on the days gadgets and having an internet are not yet popular. Anyway, it's been said many times here, when there's no money or valuable things are at stake, it's not gambling.

Is your future wife aware of Bitcoin? Do you think she will be happy if you gave her Bitcoin as gift?
You're the one who can answer these questions and if the answer is yes then I think she will be happy.

But as a woman, usually we prefer a girly gifts (as others mentioned already). If I were to choose I'd like a set of jewelries however since i'm also a bitcoiner and knows its value, of course I would be happy to receive Bitcoin. Anyway as her fiance, you know her personality better than anyone else and that can give you an idea on what might she prefer to receive.

Well this is hard because you already win huge. The thought that you can win again will always hunt your mind since you already experience it. But I think it depends if that's your only goal, quitting is easy for gamblers who are already contented with their profit. But for gamblers who are hopeful to win once again that's not possible to quit even after winning a life changing amount.

Yes. That's the right thing to do actually. Never returning back is a wise decision to prevent losing the money you won. But it's easy to said than done, so again, it depends on the gambler. Smart gamblers knows what's the best thing to do in situation like this.

Some gamblers are just playing for fun to kill time while others are playing and hoping to win huge. Just shows that every gamblers are different and have their own reasons on why they gamble. Moreover, it's not surprising if some people are against gambling because of the negative effect for a player without control. However, not all gamblers are the same so it's not right to judge a person just because he/she is into gambling.

Anyway, as a parent, it's understandable if you want your child to stay away in gambling because of its negative effect. However if they're old enough and earning on their own, they're already aware of what's right or wrong so they can decide for themselves. The effect of gambling can be good/bad depending on how a player treat it and not because gambling is bad.

I don't agree that debt is not good because it depends on the reason why we have to do it. Like the title says there are good and bad debts. If you're a wise person and would like to use the money to gain that would be better. As i've said before you need to have a back up plan just incase, so you're still able to pay your debt even you didn't gain from the investment where you spend the borrowed money. On the other side, asking for loan for your wants are the bad debts, but some people are not thinking if it's really worth it to take a loan just for this.

Well, probably even once in our lives we're also in a situation that we have to take a loan for a certain reason even we don't want to. But as long as you're not going to runaway and able to pay on time then it's fine. Just be responsible otherwise don't take a loan.

Some investors prefer to take risk investing on meme coins rather than the established one because of big profit in a short period if you're one of the early investors before the price increase. However, since many meme coins are existing it's also hard to spot the one that has potential to skyrocket. That's why investing in meme coins are not always profitable and more risky, you can earn huge but you can lose your money as well.

Thus, choose the project with real use case rather than a coins without utility. Do an extensive research and don't rely with suggestions because some of them are just shilling a coin since they invested on it and just want to hype for their own benefit.

This is sad. Because you already turned your $4k to $90k that's a big achievement already. But you decided to go all in without hesitation for a bigger profit, unfortunately you didn't managed to win. Do you have regrets for what you did? Because it seems you're fine with what happened.

Sometimes we will only realize what we already have once it's already gone. If only a gambler is not greedy to ask for more, we can already enjoy the profit that's already in our hands.

Indeed. It's understandable to have wagering requirements because casino is a business and it's just right to have such condition before we can withdraw. However, if the gamblers are seeing it as not fair because of high wagering, it can only discourage them to gamble because it's hard to fulfill, so they will just stay away. Obviously, it doesn't look good for the casino because gamblers might hesitate to play knowing their requirement before you can withdraw especially if you're just an average gambler.

Thus, if the casino do care to their gamblers they will not only think of what can benefit them but also take into consideration their players as well.

Publicity pa rin talaga pero yung mga taong walang alam tungkol sa Bitcoin o crypto in general, eh negative agad yung magiging tingin nila. Hindi na rin naman bago ang ganito dahil dati nga sa national tv pa nga nabalita na ginamit ang Bitcoin as tool sa pang i scam kaya maraming tao ang na discourage gumamit ng Bitcoin kasi nga akala nila scam ito.

Anyway, hindi ako aware sa movie na ito kung hindi mo pa sinabi. Nagpapakita lang yan na kahit yung mga nasa movie industry aware sa Bitcoin. Well, kung open minded ka naman at interested ka eh hindi ka basta maniniwala sa napanood mo. Nasa tao na lang kung pano nya i interpret depende kasi yan kung interesado ka para i verify kung totoo ung impormasyon na nakita/nabasa mo.

That's how it should be but many gamblers are not treating gambling as a way to entertain themselves. We all want to gain huge but gambling is not the answer to achieve that because of the high risk. If some gamblers are lucky to hit a huge jackpot, other gamblers are losing their money and some of these are desperate to accumulate funds to sustain their gambling activity just like the story in the op.

If we gamble we need to accept the result, never chase your losses and quit as early as you can. Because if you became addicted it would be hard already to stop. So keep in mind to only gamble in moderation to avoid the negative effect of gambling.

You're so unlucky if you experienced such and it might discourage you to play that particular game again. Well, I don't stay in games that giving me bad experience, the reason why i'm not a fan of slot. Fortunately on the game where I usually play (live games), I never encounter yet of having consecutive losses (20-40 like others have experienced already). But even so, the ending is still favor in the house as i'm often finishing my gambling time with losses.

I experienced already to become addicted in gambling, this is few years back. I can say it's not really easy to stop. For me it's like an illness that is hard to cure if you don't seek for a professional help and of course if you don't help yourself. There should be willingness on your part in order to overcome the addiction. It's not going to happen overnight because there's a process and you can take it slowly, focus your mind on what you want to achieve.

In my case, aside from the support of family, the changes of the environment is a big help to divert my attention and to start a new beginning. I went on vacation to a countryside where there's no access of internet and no friends that can attract me to gamble. There should be an activities that can entertained you so you won't think of gambling again.

Yes I noticed that you didn't participate on the last contest. Your artwork is one of what I always look forward because it is something unique for me. It's not really easy especially you're carving on pencil which is quite small, BTW my uncle is a wood worker too (and also tried to join using his art before) so I know the effort and time you spent to create the best one.

Anyway, there's another contest now and plenty of time to create an entry. It's been a while since I last won but it doesn't discourage me to try again. So see you all on the next one, best of luck to all who will participate.

In one year? No. But I sometimes checked my previous wager (in online casino) to see how much money I lost already. It doesn't mean i'm regretting my decision that I gamble since it's not that much, but more on thinking how many times I won because it's rare.

IMO it's not good to count your losses and think of what you can buy at the price if you didn't use it to gamble. It happened already so don't dwell on the past because it can only make you feel depress and later have regrets. Hence, if you play, it would be best to not track your losses and just focus on the present. Just make sure that you're not playing with the amount that you can't afford to lose, so it's not hard to accept the reality of experiencing losses because that's likely to happen if you gamble your money.