> should I show my family my seed phrase ?
> If I die who will take over my bitcoin since nobody knows my seed phrase?
If you take bitcoin as a property, you know what is the best for you. If you think letting any member of your family, wife or children will be good for you because of no one knows what will happen in the future then it is fine , their is nothing bad about it. It is your property and if you think it is very necessary for someone which you trust very well then you can go ahead with your decision. Their investment and savings whereby couples who trust each others do know about it, for people who think having only their seed phrase to themselves is not proper because of fear of death or any incident that may occur are free to let anyone they trust to know about it. We would all reach that point in our lives someday. Choose someone who you trust the most and explain how things work in this industry. Well, we are not required to do so but if you choose to keep it for yourself, be sure you won’t have any pinch of regrets on your end if ever anything would happen. Of course we would prefer using it for our own good but life itself has limitations. Same thing with other assets or properties if you won’t voluntarily allow them to be part of it. But in this technology, once you die without letting anyone to have an access with your cryptosavings would just make it useless in the blockchain. It would all depend on your preference as an individual and as an investor. On my end, I allowed my brother to know my private keys ‘coz I’d rather pass it on than to just let it be useless for the time around, if ever I die. |
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Winning was never assured in gambling. Playing with higher frequency won’t increase your chances of winning. Pushing it that much could just generate bigger loss especially if emotions will take over your gambling activities; you’d be frustrated of how things are going. I feel you, OP. Even though there's already an obvious sign that something wrong is happening and my luck is not around the corner, I'm still trying to push for it and hope that it will be another way around and later on, mostly ended up wrecked. And it doesn't stop there, even if luck is not on my side, will still push for it and will deposit another round and the same result.
I don't know but there's something really pushing us to play more even though there are lots of signs already that we won't make it this round.
But after a rest of 1 or 2 days, I can assure you that there's something like luck replenishment and the fun will start again. Just a repeated cycle indeed.
well, you're not alone in such dilemma. most are trying to recover their losses, hence, they continue to play up until they are broke. one way to combat this emotion is set your max limit that you can lose for a day or for a specific game. and stick with it. if you will bend what you've set for yourself, you will surely continue and before you know it, your bankroll is already gone. your emotion play a great role on when to call it a day or not. one should always remind himself of why he's playing in the first place. Funny thing here is that, we started aiming for profit but afterwards we are just trying to get back with what we have lost and once we’re already there, we would again take the risk of achieving actual wins and that will be a cycle. Discipline is the best thing we should all have but this is something which won’t be attained easily. |
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Does anyone here really utilize these online crypto casinos to place bets in bitcoin and have you had much luck with it? What have you found to give you the best odds in winning? Is there any skill involved in any of their games or is it all purely chance?
The mode of payment has nothing to do with bigger odds of winning I guess. It depends on the game itself or your analysis to some sort of games wherein it works. I don't know if it's a good thing to use Bitcoin for staking at gambling, cause in my case, I always convert it or leave a spare amount that I can use for gambling so it wouldn't be regretful to see some of my Bitcoin that should be a holding, went to a waste if you lose since we all know that everyone is trying to accumulate Bitcoin, now you could also use it for gambling. So I rather convert it to USD, but mostly it's just the same game like roullete, dice and casino. They just have different way of betting and transaction since it's online gambling where they can be flexible on accepting kinds of mode of payment. Since i'm bad at playing games, also bad at analysing games at sports, it's like relying on luck and thrill of winning unexpectedly, don't worry I don't bet huge amounts.
Instead of holding the bitcoin in the gambling sites,you can trade the bitcoin and use the profit in the gambling.Bitcoin is the gold which gives you good return by trading with the certain period of time.If the gambler had loss the profit in the gambling,it never affect the gambler at any point.But if he had won the big money from the try,it’s enough for the gambler to multiple their earning from the gambling.Instead of using the bitcoin,the gambler may use the other coins in the gambling.Because all the coin other then bitcoin was the less potential one.Even the gambler use the bitcoin and withdrew with the profit along with the deposit to trade the bitcoin again. Definitely, and not to mention higher fees to some networks. I often use stable coins when I’m gambling to lessen my guilt placing a bet. Perhaps the market price of Bitcoin is still low and I decided to gamble just to make profit. The moment its market value starts to increase would already give me doubts of my next actions so I prefer stable coins or with site’s coin just to be safe from regrets. Imagine having a losing bet while Bitcoin’s price is increasing; this would really be frustrating. |
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Today I witness something very strange in the area where I live recently. There was a gambling shop that was not too far from where I am staying, so every day different gamblers visit the shop to bet on games, some win and some don't win a dime.
So, yesterday afternoon, a man bet on a midnight game and the game played accordingly as predicted, but the surprising thing was that the betting agent ran away with the money the man won, and the betting agent is no where to be found.
However, I am here to say these are the reasons why it is not always good to gamble in a betting agent's shop, because if the manager of the shop does not run with the money a gambler wins, then one of the workers in the betting shop might run away with the money someone wins, so I do conclude that an online gambling site with good reputation is the best for gambler, so what do you guys have to say about this?.
An isolated case in mu opinion but I do wonder what kind of game it is ‘coz there’s a schedule for that game. Also, since this is a landbased casino, or the agent is more likely affiliated with a casino, then the player could just go directly to it concerning agent’s misconduct. If it is comparison between landbased and gambling sites even with good reputation, gambling sites could turn to a fraud if they would want to especially for a really huge amount, with ease. Think of how many online casinos are being acused and reported as fraudalent; reason is not all online platforms are registered to any government, making it easy for people behind it to hide their identity. Given that both has risks for the same concern, we just cannot help its occurence so better be preventive of the amount you would engage to any platform. |
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In your opinion, what should we do if we have lost a lot of money on gambling? Do we keep gambling to win so we can cover up previous losses? or stop and work normally and leave gambling? Or do you have other suggestions?
If you still have a control over yourself, then the best thing that you can do is to quit, that's the shortest answer there is and I don't think that there's no better alternative than just quitting entirely thinking of all the losses you've got. Or if you're still in denial that you're addicted to gambling or that you're making an excuse to not stop gambling, the best thing that you can do is to continue playing or quitting for now and then starting over again next day to try and recoup your losses the last time by believing that you're not going to be playing as bad as the last time. Quitting is the only way to not plunge yourself into debts. If you lose in gambling and you keep on playing thinking that you would win you would end up with more losses and no wins. Please log out mentally and physically after a loss or a win. Because we can still ask this question in this way, if we win in gambling, what do we need to do? The answer for both is same thing. Once pressured and frustrated, people are often choosing to just embrace the risk and hope that things would be better. I’d say a self-destructive approach is what frustrations push gamblers to do. Taking a pause or quitting would be the best thing to do but that won’t happen easily and in an instant. Our perceptions narrows whenever we are pressured; instead of finding another way to pay with our debt, we would choose taking the risk and waiting for a miraculous ‘comeback’ after what happened unfortnately, if you’re unlucky for that day pr month, then you have no choice but to either wait for things to be better or literally push your luck until things work. Let’s say you continued playing regardless of the huge loss. Your goal at this instance would be to get your losses back but once it got back, you’d look forward for a profit since you managed to win. This is where things become a cycle. |
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To win in a lottery is another level of luck in gambling ‘coz odds are quite 1:million. But if it is with normal gambling career, I am just doing fine. Earning a few amount since I no longer gamble that much unlike before but I’m satisfied with it than to go all out; lose 20 in a row and win once a month earning half of your losses. I have limitations pf how much I would be betting. It is really an amazing idea to win big time but if we would accept how gambling works, then just having the discipline to not lose that much, would be a bigger help to our gambling career. Nothing’s easy in this industry. Some are indeed winning huge, but more gamblers are not. And if it is win-loss bets, around 60% is my winning rate monthly. But this is with sportsbetting alone and not with pure luck games. What makes me efficient is because of analysis and betting control.
What happened with the cited women is pure luck and that is something that won’t happen to us on a daily basis. There are just people who are lucky enough in their lives; a friend of mine won 2 times (different year) which is quite funny and amazing. It is funny ‘coz there’s a saying that we would more likely be strucked by lighting than to win in lottery but they happened to win not even once. Amazing how fate works.
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One of the solutions which is recommended by most gamblers on this forum for gambling addiction is "Therapy" . Professional help in the form of therapy. It is good and very effective but how many persons can actually afford it? There is a fee for each session that lasts for a duration of 60minutes. And there are more than one session. Therapy for gambling addiction is expensive. How can those who are unemployed afford it? How about the college student? Or the person receiving minimum wage. What are the other low cost but very effective solutions to gambling addiction. And typically how long will it take before the addict starts to feel more in control and less withdrawal symptoms?
Will totally appreciate your responses. Thanks.
Appreciate the option but you are quite forgetting that the group of people we are referring to are gamblers. They have money to bet therefore they should have money as well to seek for professional help concerning addiction. Problem here is addiction itself; you won’t be consciously aware that you are already suffering. If we would be looking for the best way to prevent addiction then that would be self discipline however this is the hardest. So once you are in that phase pf ‘addiction’ , professional help is the main solution. Setting a limitation, also under self discipline, if possible, would gradually help a gambler to move away from such condition. Set a limit to both winning and losing amounts. Another is engaging to other activity such as sports to divert attention and to not fully rely with gambling alone just to kill time. |
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I'd like to share my experience with you all. Even though I'm not currently employed, I went through a phase of gambling while I was working in the past, and the outcome wasn't positive.
I have a part-time job that I am into, sometimes I will be at work and I will be free, I do gamble whenever I have nothing to do, and I haven’t noticed any negative impact on me. Whenever I am busy, I do forget about my mobile phone completely, but there are some times when I am less busy and I just decide to gamble just to make myself busy. The only people that gambling at work might disturb are those who keep on gambling even when they are busy at work. They still look for ways to gamble; they are really attached to gambling. I am sure people like that will be affected at work because gambling is going to affect their work performance. And that yields to addiction especially if you are having problems to function properly, perhaps in one’s work, ‘coz he’s distracted and won’t be comfortable doing his job until that drive has been satisfied temporarily. Gambling at work is fine and I agree that it is, especially if you won’t compromise the things that you should be doing for that instance. If things won’t be handled with extra care, then things might get worse. It is a two-way perspective; playing during your duty would hurt his company.You won’t also be able things with convenience especially at work if your ‘hidden act’ has not been served. Gambling is an easy industry to engage yourself with but is something you won’t easily be able to quit. |
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Well, thee are times I’m doing this but depends on my win-loss situation on that moment. Whenever I am losing, I tend to put everything down for me to have my focus on the game as if it would change anything especially with pure luck gambling games. And when I am somewhat winning, I tend to listen to some to lighten up my mood and to not be too greedy with my bets. But since I have moved in sportsbetting, I find it more entertaining to watch each games clearly and that means I won’t be playing any track or album in order for me to not let my attention slip. This works to some and there are instances as well that it won’t. As a gambler you just have to pick some behaviors that would help you reach your goal or aim.
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I actually have watched it on live in particular with women’s basketball and things are just fine. But with betting to women’s sports, one reason I guess why I am not into such is probably the intensity of the game that I am looking for and also, the way that I know the teams with Men’s. Perhaps with NBA, there’s a WNBA but I never intended to watch it which is why I am nit betting on their matches ‘coz it could turn out to be a losing bet most of the time. So the logic I am seeing here to why male gamblers aren’t usually betting with women’s sports is because they/we do not prefer watching their games as well for a couple of reasons on the other hand. We all know how important it is to know the teams well.A blimd bet will just put uour money at risk.
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Well, at least he can move on from gambling to video game.
It's not easy as is look like but better cross addiction rather than gambling. It's a small money comparing to gambling while you can get a debt and more money to be deposit into the site.
I still call these a win.
I agree with your thought process but I am also tempted to ask if there is anyone on this planet who is not addicted to something. Whether you are addicted to gambling or to PS4, the weight and mental stress that comes with fulfilling the immediate gratification of that addiction and the withdrawal symptoms that is attached to it when you try to quit is in itself very emotionally exhausting. We may say that the video game addiction is the lesser evil but addiction is bad and can anyone ever be free from it. The person who is now addicted to PS4 may spend less compared to gambling but how about the number of hours he has to spending playing the game. I don't think he will be anymore productive. Of he has to spending many hours playing the game, what happens to his relationship with his significant other and others? Anyone who is addicted should seek help and not another "lesser" addiction as a replacement. Addiction is not a normal thing regardless of where you are hooked up with whether consoles or gambling; it is a bad thing ‘coz you’d feel uncomfortability without performing such activity making you less productive witb the things you do on a daily basis. There’s no “lesser addiction”; it is just either you are addicted or not. Some are hooked up with a particular acitivity but as long as they can refrain from doing so, then they cannot be called as addicts of that certain behavior. Addiction is unconsciously doing or feeling sensation to a certain activity.Diversion should not exist in addiction. It should be counted as rehabilitation or relearning not to be dependent with what you are ‘addicted’ of.Much better if you would diver into something outside your addiction such as eliminating factors; money, tempt, drive and more. |
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Some people does that, and people that normally do such is people I know that have experienced in gambling and also people who also believe in trying of luck, I have seen someone who asked someone to assist him with money so that he can bet gambling and the person did not hesitate to give him money because the amount of he needed was little amount and fortunately when the person make his bet and he wom very amount of money through gambling and he later bought the person that gave him money to stake the bet a car with some physical money as appreciations. People who cam give you money for bet are people who knows the values.
It is like trying someone’s luck using your money. By any means, there’s no assurance of the result so why not just try yours given that it is your money to be used. In such way you won’t have a more intense regret of the outcome if ever bets would be losing. Same thing with trading wherein people are ‘investing’ to experienced traders to generate profit for them. This is clearly spoonfeeding; much better to take the risk for yourself in order to atleast enjoy your bet than to lose with someone’s prediction. It is either to lose with your own ‘gut feeling’ or to win it and enjoy the better outcome. |
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Gambling is based on luck for real but that doesn't mean you should be dividing your attention into poker, soccer, horse racing, or roulette all at once, you need to choose a side and learn everything you can about the game.
I only gamble on soccer, some people might be able to divide their attention between different sports, and it might work for them. I am not interested in most of those sports except soccer because it’s one of the most popular sport in my country. If I want to focus on other sports, then I won’t be able to give it full attention, and it will be like a waste of money. Gambling is not all about luck, you have to learn to do your analysis as well. If you depend on luck alone, then you are getting it wrong. Some people might be able to combine different sports together, and they will still be able to do their analysis perfectly and win, but some people will get confused if multiple sports are combined together. Luck will always play a keyrole in gambling. But with choices in gambling games, we’re not required to try as much as we can with the number of games we should be betting with. Well, indeed there are instances such strategy works to some gamblers but to majority, it would be much better to engage only with games you know about than to just bet for the sake lf increasing the chance of winning, however you are doing the opposite ‘coz by doing so you are just making random bets without creating any analysis. It is like answering a test you did not study for. I do believe proficiency with a particular game would be best before engaging to another one. To lessen the risk of losing is simply increasing the chance of winning. Analogy is betting 4 times in 1game; all which are winning bets. 10 bets with only 4 of it winning; which would you prefer? |
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At one of the local gambling shop I visited during the weekend I happened to listen to a conversation between two bald looking gamblers at the shop talking about one of their gambling colleague who had won a big amount of money amounting to a million in the local currency and due to that win this colleague of theirs' has been avoiding them since e won that money. From their conversation it was obvious that they were a circle of close three friends that gamble together.
After all I finished with my bet headed home and was asking myself what could the colleague act that way avoiding his close friends they all gambling together and just because luck shines on him first he decides to create a distance and class. I couldn't actually annex a good reason why anyone should do that.
Maybe there was some trouble between them because of that trouble maybe the winner didn't talk to them. But you can't catch the real story of their problems in two one-minute shows there. Still, I'd say since this guy won a million dollars, the guy wants to be a little safer from the locale. Because the victorious man started avoiding people thinking that he might get into some administrative trouble. Here I cannot blame the man in any way without verifying the facts. But if it was my case I would talk to people but not let them know that I got a million local currency. Because gambling is completely illegal in my country, I will face administrative problems if published locally. There’s always a tendency for that. There’s a possibility that their colleague who they referred to as being avoidant, has his own reason. If for assumption, maybe the friends who are talking about the avoidant one, are wanting a portion of the winning (just to give benefit of the doubt). There is also the possibility that their friend is having personal problem he wants to resolve alone. It is better for them to directly ask what is happening if they’re really concerned of him or wait until their friend take the initiative to reach out for them or ask for their companionship. We all do have that ‘phase’ in our lives that we want to keep things for ourselves especially if there’s something new to it.And if he just chose to be avoidant without any valid reason, then that’s his rights in the first place. |
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Good day crypto Famz, I will like to ask gamblers this question, is there any gamblers on here that keeps record of their wins and losses? Do you keep a record of all the pennies you use to gamble and also the result?
I do track my winnings and losses. Purpose is to know how much I can gamble for the next days or weeks. It helped me limit my losses and maintain my winnings at the same time unlike before when I was just going all out without being conscious of how much I have lost already. In those instances I got too affected by my gambling behavior and in some instances, pushes a gambler to bet more then followed by addiction. We should be using gambling as a way to just kill time but since it involves money then we should be more aware that things won’t work that way.Is it bad not tracking your losses? Yes no doubt. Don’t wait for that moment that you will question yourself where dis your money go and found yourself looking for money just to get back with what you’ve lost out of frustrations. Start it early. |
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I met a friend who used about $1 to play gamble to win about $2500 in a game of different matches, all the early games went well but the last game cut which made him loose the game. This lose made him to be sick for 3 days, the reason for his reaction was not because of the money he used to bet but he felt so bad because he has already put all his hope on the money he would have won.
People needs not to put all their hope in games they are not sure of winning, because relying on it can be very dangerous to the mental health. Play gamble and remove your mind from the money that will be gained till it is achieved.
He put all of his hope with that bet, therefore money is the main concern why he felt bad with the negative outcome. Gambling no doubt is profitable but will never provide a consistent outcome or winnings. Some are indeed making a living in this industry but always consider those who are losing huge amount of money in gambling. Best thing to do is to set the right mindset; knowing when to stop and learning to never bet all in no matter how confident you are with your bet. This would be a preventive measure to not be affected by that much of whatever the outcome is. We cannot control one’s mental health which is why we have to take the initiative to lessen the risk of getting our emotions involved with our bets.If you would be too hopeful of your gambling results or gambling wins, then never expect less of addiction afterwards. |
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What is required for this strategy to succeed in the first place is utmost and unwavering discipline. That is something that most gamblers do not have, and do not really want. At least in my experience.
Logically, Martingale never works in the long-term just like any other gambling strategy out there thanks to the house edge. It does work only in the short-term though it's still not recommended since it's a negative progression strategy. It's a classic strategy to help the house win again and again(Not the gamblers) frankly speaking. We can agree with me that not every strategies work with all games we play while gambling, which also indicates that people make use of various means to ensure that they get their required result while gambling, also after everything said had been done, it takes them luck to also appears as the lucky gambler to win, however, being a gambler, we must not be too focused on one way view from how we gamble wether for winining or not, our level of discipline, knowledge and skills all work also together with the tendencies for winning when gambling. Not all strategies ‘coz some has no absolute basis or those which probably happened due to coincidence; one example is betting hours wherein some are having thoughts that there is a betting timeframe wherein most of the gamblers are winning, however, this is not true based on my experience. While other strategies are not to secure a win but rather minimize the tendency of losing continuously such as with multiple bets and the likes. All strategies could work but never expect for a definite result simply because this is gambler and nothing is too certain. Luck will always take place in every bet no natter how confident you are for a better outcome. Of all the strategies I’ve seen, the best ones are those which helps a player to set a limit or to minimize the risk ‘coz it would be much better to be prepared of the worse than to expect that much which can temp you to bet more and lose more by pushing your luck ‘til it hits. |
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One thing I will say is that if you tried this on Stake and succeeded, I am sure you'd be asked for KYC that you can't complete and that you wouldn't be able to get the balance to your wallet. Maybe consider another site  (Stake has tens of open claims for very large amounts, see scam accusations section) This is a great suggestion. Stake requires KYC for deposits and withdrawals which is why it isn't recommended for no-KYC fans even though it is one of the most popular crypto casinos around these days. It's crazy seeing several legit scam accusations against them going unresolved within this forum. Legit but accusations? Isn’t it in contrast? Not to invalidate those instances but Stake and other reputable gambling sites won’t still be in such position if things are really problematic.But I respect those who prefers platforms which does not require KYC; we have different tolerance with site rules in the first place and of course it won’t be suggested to players who are up against mentioned procedure. Going back, this strategy seems to work well but only with condition; having a large bag to bet and won’t be applicable to all gamblers in this industry. Quite of a huge number of bets to generate profit and being not a fan of bots, I think I won’t be able to enjoy my gambling experience with this. However it is a great strategy, no doubt. |
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Profit? Rewards? Learning? Investments? What else? These are the common reasons why we are here, I mean we won’t be long reading articles and topics, perhaps in this forum, for fun. We are here sinply because of a purpose and that will always be money. Getting a single and regular job won’t suffice both your needs and wants which makes you do ‘more’ than the usual and this industry is simply a gateway in order for you to attain that. On October 19, 2023 - I will have my 3rd birthday on this forum. I learned a lot from forum about investing and expanded my knowledge in this area - this certainly contributed a lot to my optimism towards bitcoin investment especially about its future.
The Bitcoin forums are just a place for discussions regardless from signature campaign - but there are plenty of discussions that work well enough to keep my psychology in check regarding this decentralized asset. I consider this discussion forum into a field of knowledge - and that's how I've grown so far and built my portfolio in these investments.
Congrats and happy birthday in advance, mate! I, too, have learned most of the things in this forum than with other platforms. One thing I think that this forum have is other’s honest opinion including both success and failures which really leaves a mark to the readers and users. |
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People see that investment with bitcoin is not enough to make a profit because if they have just a small amount and they want to invest with Bitcoin even though the market makes a huge move at the end of the day its just a small portion of it, unlike with the shitcoin if they hit a good coin they can easily an instant millionaire or still at the end if a huge amount of profit that's the main difference I've seen why some of them trying to risk make an investment of it than the bitcoin. Actually, they can do the same thing in Bitcoin but it takes a lot of steps to achieve this not an instant like making trade, scalp, TA, etc. to consider having this equivalent amount. We cannot blame them its their money if they are willing to risk or to play safe.
When i was new I only tend to invest in low marketcap altcoin which moves around 10% daily, at first I made 10%-15% profit daily with my low investment then the bear market started and now those altcoin are 80%-90% in red, Now I am regretting Instead I invested in bitcoin Then it was safe to recover my loses, because who knows the altcoin will become another shitcoin and go to decimal values. Yes, absolutely similar to you, bro, I have had the same experience with investing in bitcoin rather than shitcoin. In the beginning, when I used to invest in cryptocurrency, I didn't have enough money. I used to invest in cheap coins. But the good thing is that I didn't invest much of my portfolio in shitcoin; I invested only 20%, and the loss ratio I kept low was because I diversified my portfolio under DCA later. After my loss happened in shitcoin, later I recovered, but not only recovered but also gained profit. And after that, until today, I didn't invest in shitcoin, but I used to give more emphasis to Bitcoin. And the reality is that shitcoin is the best way to lose money, and literally, if we look, there is no other coin except Bitcoin, which is showing profitability and reliability in the future. Even Altcoin cannot compete with Bitcoin. Those who invested in altcoins in the bull run of 2021 have not yet recovered their losses, except for Shitcoins; this is a later matter. Today, they are not visible in the top 10 either. Recovery is a very distant thing. And Shitcoin has nothing to say. So this means that only Bitcoin is the guarantee of your profit in the future compared to shitcoin and seven altcoins because these altcoins are also performing like shitcoins. Nothing guarantees profit in this industry, it just so happened that Bitcoin is one of the cryptos which are having huge demand over this industry because of its lrge chin and community of users/investors. Bitcoin will indeed give you higher chances of earning profit from investing into it but ‘shitcoins’ could give you more in a Shorter period of time. High risk and high reward; as long as you know how DCA works and how to red the candles in the market, you’d have better outcome with your chosen token to invest. But nothing will happen in an instant; you have to meet a particular proficiency in this industry to master how things are working for both Bitcoin and Shitcoins. Analogy is simple; why are there people who are getting that much from the mentioned category of crypto? That alone can support the claim that shitcoins still are profitable. |
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