Gambling is a game of chance and is at best a type of entertainment. But the false image of gambling inside the brain of many common people is that it can be used to make loads of money. This is similar to stereotypes and hence needs to be broken and the reality put in front of these people.

However it is tough to stop such people when they addicted over time even if they might actually realize that they are having losses more than they win, it is too late.

They will deposit more and more and lose more, eventually ending up in debt and putting their entire family at risk. But this can be prevented very early.

More often it is not when it comes to day trading.

Opinions vary, one might work, another might not. Because we are not the ones who can see the future and hence we have to place predictions based on our own experience. But the general advice remains same, day trade if you can take that stress or go for long term holding if you have that level of patience and time.

You mean "pump"?
That is the consequence of not being able to hold the money on the market. Nobody can predict when the high or low is happening but buying and selling if not done at the proper price timing, leads to losses invariably.

People should adopt a flexible time-frame instead of a fixed one. This also shows that people like the OP may actually be under debt having taken a loan to trade and is now trying to double the money. That itself is a big stress factor that can lead to the entire endeavor going south.

Indeed buying bitcoin at the low price and then holding on to that till it crosses all time high is a good option. But for this to be executed, you cant determine and fix a time frame, you have to flexible. Right now BTC is crashing after a bull run, you have to wait when to you, if you dont give yourself that time, you will not make money from trading but only end up paying some loan sharks.

People gamble to quench their thirst of making money, eventually they lose more and the by product is that they are addicted to gambling. With bitcoin the access to gambling and more so online gambling has been easy and thus potential gamblers are coming up to addicted gambling much earlier than expected.

Of course it is dangerous, but the enthusiasm to make money is often high and that clouds their reasoning. Added to this is some influencer who is spamming their referral link with promises of free money, those people are like the wolves who lead the lambs to death.

We can only make people aware of the good and bad of gambling and nothing more than that. It is not our job to correct their mistakes.

Which is the only single take home message from this community but members have been saying this over and over again but the few people in the forum do not contribute much to the vast number of users attending these exchanges daily.

Hence whenever such shutdowns or scams happen, a large chunk of money from these users will be lost in limbo for the time being.

If you are regularly using an exchange then it would. But crypto is the wild west and these risks are common here unless something big happens or we see some regulation come in.

Africa has huge potential of growth but its leaders and how its governments work, has only led its people to the worse. But situations are similar in most countries as well just the extent might differ.

That is why we have elections to decide which among all the possible leaders do the public want as a majority? But that is a topic for another debate. I am of the opinion that the country can do what it wants with its politics and all but leaving those aside, our own personal growth is what we should focus on.

Like buying bitcoin at the proper time, keeping education ongoing, learning new skills to put to the test. Forget the government, develop your own self.

Experience will only teach you one truth - do not gamble if you want to make money and not waste it.

That if followed immediately corrects the question in the OP, if someone learns from gambling that it can lead to serious debts and bankruptcy issues, they would not gamble in the first place or stop it as soon as possible.

However most are unable to reach the conclusion and they ignore it and continue to play, endangering the lives of their close ones and next of kin. Most debt collectors in todays world are not that brutal but they try to persuade people and that can be scary. From a lenders point of view, such debt should be passed on to next of kin once they are old enough.

The addict often denies the addiction but eventually it catches up to them and they realize that they have been trying to hide it for too long. It is how addiction and guilt works. But then the addict does not have any other place to go to unless their family supports them to come out of it. In the long run the cure is possible if the family works to help the family member in their journey.

The money of course is never coming back, so some criticism is normal from members and friends. That should motivate the person to make up the money.

JacksClub Username: TheUltraElite
Prediction: $71147

A musician refusing a deal is nothing out of the blue, these things happen every few days and with the record labels and their predation on the music industry, we are bound to see these things happen but not every one of them makes the headlines out there.

You never know the full story - there are many under the table deals being done in the music industry it is one of the most corrupt things in this world behind all the glitz and glam.

Reckless or not, they will end up dealing with another label.

Best wishes to @seoincorporation in starting their line of casino software.

That hardware casino seems to be a nice touch there in which pub owners and small coffee shop owners might get interested and install them in their shops. Something like old arcade games << another idea which you might want to put in while designing the next game?

Will be watching the thread to see how things pick up from here.

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Suggestion to reduce the images size because reading them even on a PC seems to sore the eyes.

It based on the fact that cumulative losses are way smaller than the cumulative wins from the casinos side and vice versa for the players side.

Thus the casino is always in a net profit - that is it is running smoothly and paying its employees and investors regularly. This shows one truth that is the casino will always be profitable and if you are the casino then you are the winner in the long run. With my experience in the industry, I feel that in order to make money from the casino be a part of it, dont play in it, unless you completely own it of course.

Have felt that too many times

Of course we are not a judge of our own actions so we cant say whether our own posts are merit worthy or not. And not everyone here myself included come from a programming or technological background that we can post in those sections of the forum where merit is generously given to tech helpers and shiny coin collectors.
But then I managed to rank up to Leg from Hero since the system started but my mileage has reduced over the years now.

I know we can go back to the old argument that some sections of the forum have more Noise than Signal and thus sources avoid them. But then is there any solution to this?

They are mostly shilling, they are not "successful investors" because such people dont share their secrets, but sell what companies give to them to sell. Eventually this becomes a shilling game where you are paid to promote a coin and you dont care about what your followers are paying for.

I always suggest people to trade solo, because trading is such a thing that your profit is another person's loss, if you are not being secretive about this you will be at the disadvantage.

So dont be followed by someone on the internet, remember that it takes nothing to speak bullshit on internet, this is a free world.

I would agree but in reality it is rather the opposite. Those who are having an obsession about their total wins and actually wins a lot might keep a spreadsheet of balances but one who gambles like anything without any tracking of their bankroll avoids doing all this stuff. The second group actually needs to do this but they dont care much till they end up in a loss.

Indeed professional players might be doing this, but the more you do it the less you are inclined to gamble because you feel the remorse of having spent that much money which you would have used for something better.

The main thing to ask yourself is Why do you need this feature and what use will it do above all that is already available?

Tutorials and informative videos, there are loads available on the internet. Of course you can suggest an "Official" bitcointalk-community driven video set for newbies who seek information.

In my opinion, uploading such "Series" should be on video hosting sites like Youtube or so. Images already on this forum ends up being an eyesore (no offense to anybody).

Losing your money in one trade seems more in the lines of margin trading or all that non-spot trading. In spot you at least have the opposite asset at hand to sell, even though its price may depreciate. Of course in spot trading we need to be careful when you are buying or selling which is the crux of this concept. If you buy at the wrong level you will have to hold that till the crossing over occurs so you can break even and then further in order to profit. You will be paying for your mistake with time.

With dummy trading and watching the older charts, one can get an idea about this. However trading is not for everyone and if this does not seem to work out, dont trade anymore.

Patience is important in life but it is NOT help you in gambling. Because gambling is based on chance be it EV- or EV+ there is no change if you are patient or not. On the other hand trading requires patience and it can help there.

In most aspects of life patience has a positive role but I doubt its role in gambling however you try to bend the truth, the money gambled is considered lost, no matter how patient you are.

So learn to be patient but dont expect that to help your gambling, rather it can help in stopping your gambling habit.

Investments will incur losses, without that it is never an investment at all.

Of course the point of savings is to provide funds in case of emergency. You might be able to milk that Bank's fixed deposit rate but it will not lead to huge returns. On the contrary investment carry a higher risk:reward ratio and they might be able to give you higher profits depending on the type of asset.

Hence we need both of these to be able to sustain a proper future.

It is all about risk appetite, a term that denotes how much risk you can sustain without getting bankrupt, in layman terms.

If you are having a low risk appetite then crossing that you are putting yourself in harm. Like for example, a person who earns 100$ in a month should not gamble with 80$ on a casino or buy a shitcoin worth of 80$.

A step not taken is always a loss, but there needs to be subtlety regarding these statements.